tarmi
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October 31, 2015, 08:54:34 PM |
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I sold and then borrowed that cash, and waited good entry point for shorts.
I love these shorters. They make like $10 per trade for weeks then short at $125 before it goes to $1200 and lose everything. This time they'll short $300 before it goes to $3000 and lose the rest. go back to troll box on some shitty exchange
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rocks
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October 31, 2015, 08:56:11 PM |
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And china +30$??
Surrealist
I think it is an error with the Bitcoinwisdom conversion rate. Impossible such gap be maintained for so long Nope , not an error with the conversion rate. That gap is real. It's totally fucked up and weird , but it's real. Don't trust me , just check the current CNY USD rate anywhere on the web , then do some basic math , and you can see for yourself it is totally spot on with what bitcoinwisdom is showing. My guess is , traders on finex stamp coinbase etc at this point collectively do not trust the huobi okcoin btcchina etc rates to not be artificially inflated , and so they're actively buffering the price with a ~$20-30 gap at the moment. That , or traders are anticipating a severe devaluation of the CNY in the next couple days and are unwilling to risk any amount of time being in CNY instead of USD or EUR , therefore arbitrage is not happening at a high enough volume to bring the exchanges into line with one another. Still , it's totally nuts that arbitragers haven't brought the interexchange rates into sync by now. This sound spot on. And great explanation, by the way. Thanks ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) The other possibility is people buying on okcoin in any, and then selling in USD on other exchanges. That would cause a cny / USD split if done in enough volume
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yolalanda
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October 31, 2015, 09:01:08 PM |
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Check ignition and may God's love be with you! http://s23.postimg.org/pchxp3nrf/Capture.png
This is Ground Control to Major Tom You've really made the grade And the papers want to know whose shirts you wear...
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2015, 09:02:16 PM |
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r0ach
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October 31, 2015, 09:03:19 PM |
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Shorters all fucked. The ascending triple bottom in China is in: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FcORLWqQ.jpg&t=665&c=m_kxxDMHNXEIfg)
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!! pop
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October 31, 2015, 09:07:37 PM |
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alesx.onfire
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October 31, 2015, 09:12:02 PM |
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thanks god, i dump at 2200 cny
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kromtar
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contracorriente
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October 31, 2015, 09:24:27 PM |
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you always do the best move and win a lot of money, yeah sure lol ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia2.giphy.com%2Fmedia%2FMk6T7bHugAPMQ%2F200.gif&t=665&c=uNSm_B0IyfvAYQ)
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r0ach
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October 31, 2015, 09:26:06 PM |
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thanks god, i dump at 2200 cny
In China, coin buy you.
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BlindMayorBitcorn
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October 31, 2015, 09:54:31 PM |
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Everybody! Remain calm! For Heaven's sake... You're embarrassing me.
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Fatman3001
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Make Bitcoin glow with ENIAC
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October 31, 2015, 10:02:09 PM |
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Everybody! Remain calm! For Heaven's sake... You're embarrassing me.
I CAN'T STOP!!!
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ChartBuddy
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October 31, 2015, 10:02:13 PM |
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Denker
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October 31, 2015, 10:06:21 PM |
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Right now it's a fight around the $310 range. There is really strong support here. I think we can hold the 300 this time.
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BlindMayorBitcorn
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October 31, 2015, 10:09:14 PM |
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Everybody! Remain calm! For Heaven's sake... You're embarrassing me.
I CAN'T STOP!!!I think it's called shrinkage.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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October 31, 2015, 10:17:41 PM |
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Right now it's a fight around the $310 range. There is really strong support here. I think we can hold the 300 this time.
It was beginning to look like we might dip below 300 but there seems to be big players who don't want us to. Seems a fair bit of resistance. Hopefully when I wake up tomorrow I don't see something like 275 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Spider-Carnage
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October 31, 2015, 10:20:18 PM |
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Huh, I really thought we were going to retest somewhere below $300. Possibly $280, I think that it goes to show that this rally might still go up next week, if it doenst go up at all or much next week, I'll be glad to have more time to accumulate. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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alesx.onfire
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October 31, 2015, 10:23:49 PM |
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thanks god, i dump at 2200 cny
In China, coin buy you. gentlemen? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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rjclarke2000
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October 31, 2015, 10:29:12 PM |
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So.......this is not gentleman?
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