johnyj
Legendary
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Activity: 1988
Merit: 1012
Beyond Imagination
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August 19, 2015, 01:00:27 AM |
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Roughly, 100K sell order could knock down the exchange rate by 10%
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ChartBuddy
Legendary
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 19, 2015, 01:02:23 AM |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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August 19, 2015, 01:02:25 AM |
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they said dont trust your money with those script-kiddies. how right they were.
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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August 19, 2015, 01:04:54 AM |
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Roughly, 100K sell order could knock down the exchange rate by 10%
Do it bears! Come on, do it! There's no support at all below 200... just dump another hundred thousand coins and we'll finally be at double digits! LOL
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dannyspk
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August 19, 2015, 01:10:18 AM |
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How come longs at Finex are unchanged? Btw, their trading terminal didn't stopped working. Everything seems to be fine on their side. Don't know what the fuck went wrong, though. I just withdrew all my coins. Fuck this.
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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August 19, 2015, 01:11:15 AM |
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How come longs at Finex are unchanged? Btw, their trading terminal didn't stopped working. Everything seems to be fine on their side. Don't know what the fuck went wrong, though. I just withdrew all my coins. Fuck this.
did you managed to withdraw?
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Wings1987
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August 19, 2015, 01:12:41 AM |
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I posted this a few times earlier and I don't believe anyone acknowledged it. (posts were flying by so understandable)
I am 99.99% sure this was a software/hack issue with finex. Does anyone else remember the last time this happened there were prices that went out to 8 decimal places. Well it happened again. Finex covered all the losses but I can't see how they can do that this time.
I received an email from coinsetter (i have an account but don't trade there) talking about the price crash. They referenced finex issue also.
Hey ********,
Given the fast drop in the market this evening, we wanted to send you an update on the falling bitcoin price so you can manage your account accordingly. The price has fallen from $265 earlier today to its current level of $225. Bitcoin actually fell to as low as $165 on some other exchanges over the past hour.
While we are still working to understand the cause of this unusual market movement, it appears that the shift was impacted by two factors: 1) the Bitcoin XT blockchain issue, and 2) technological issues on Bitfinex. We will continue watching this evolving situation, and please don't hesitate to email our team if you need anything tonight.
Thanks, Jaron Lukasiewicz Coinsetter CEO
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Stevenirving
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August 19, 2015, 01:15:44 AM |
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If I was secretly a whale with some agenda what would I want to do right now?
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dannyspk
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August 19, 2015, 01:16:24 AM |
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How come longs at Finex are unchanged? Btw, their trading terminal didn't stopped working. Everything seems to be fine on their side. Don't know what the fuck went wrong, though. I just withdrew all my coins. Fuck this.
did you managed to withdraw? Yes. Was processed instantly. Did you have any coins there? Do you know about the margin cascade/long squeeze?
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natewelt
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August 19, 2015, 01:16:39 AM |
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If I was secretly a whale with some agenda what would I want to do right now?
Count my money
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dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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August 19, 2015, 01:16:47 AM |
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If I was secretly a whale with some agenda what would I want to do right now?
Take my new found wealth, open a massive long, and then short squeeze.
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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August 19, 2015, 01:17:54 AM |
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nice one gavin.
cheers m9
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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August 19, 2015, 01:20:34 AM |
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this is a fucking niiiiiightmare.
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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August 19, 2015, 01:20:45 AM |
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How come longs at Finex are unchanged? Btw, their trading terminal didn't stopped working. Everything seems to be fine on their side. Don't know what the fuck went wrong, though. I just withdrew all my coins. Fuck this.
did you managed to withdraw? Yes. Was processed instantly. Did you have any coins there? Do you know about the margin cascade/long squeeze? no, i dont, but i heard other people where having trouble withdrawing there. sure i know one or two things about automated-bulltardness.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 19, 2015, 01:22:58 AM |
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this is a fucking niiiiiightmare.
this is bottom wtf did you expect?
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cyclotronmajesty
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August 19, 2015, 01:23:10 AM |
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I guess this was a Chinese insurrection move? http://xtnodes.com/other_nodes_and_xt_nodes_pie_chart.php11.5% of nodes are now XT. Chinese didn't want the fork. So this is their way of protesting. Drama queens. Bitcoin needs that fork. Ah well can't blame people for wanting to get rich on a short margin. They saw an opportunity... I'll have to ask, since the fork won't happen until January... will they continue to dump until then?
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Stevenirving
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August 19, 2015, 01:24:39 AM |
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If you had a ton of money in bitcoin. Like literally everything. Like your entire life in bitcoin. Like all you worked for the last 20 years in bitcoin.
Would you call it a bad idea to get blackout drunk right now? Is some move going to happen in the next 12 hours because I want to forget what my brain feels like for a bit and crash
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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August 19, 2015, 01:25:01 AM |
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fuck. me. I told you bastards not to use too much leverage.
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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August 19, 2015, 01:26:46 AM |
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I have that feeling bears will want to repeat sub 200$ in next few hours.
yes, it's very likely. look at the volume. nothing like last winters crash. it's far from over.
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