|
|
|
|
|
|
|
|
|
If you want to be a moderator, report many posts with accuracy. You will be noticed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
spooderman
Legendary
 Offline
Activity: 1638
Merit: 1022
|
 |
January 11, 2017, 05:13:20 PM |
|
ugh wtf is this.
as someone has pointed out this seems to be very minor news preceding this, so we must have still been overbought as fuck.
OH WELL
see ya weak hands.
|
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
|
January 11, 2017, 05:13:42 PM |
|
This is starting to look like a Gox situation to me.
The Chinese exchanges may be massively over levered and are pushing the price down in order to mitigate their fractional reserve at a lower cost prior to the inspections.
|
|
|
|
|
|
boyshx
|
|
January 11, 2017, 05:16:10 PM |
|
Oh my god.............................
|
|
|
|
|
ImI
Legendary
Offline
Activity: 1946
Merit: 1019
|
|
January 11, 2017, 05:16:45 PM |
|
This is starting to look like a Gox situation to me.
The Chinese exchanges may be massively over levered and are pushing the price down in order to mitigate their fractional reserve at a lower cost prior to the inspections.
Thats why i am looking forward to a better regulation of Chinese exchanges. They have some decent amount of market-power with lots of shadiness combined. |
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
|
January 11, 2017, 05:18:46 PM |
|
Lets see what happens when people start trying to make withdrawals.
|
|
|
|
|
ImI
Legendary
Offline
Activity: 1946
Merit: 1019
|
|
January 11, 2017, 05:20:24 PM |
|
I am looking forward to real volume data coming from Chinese exchanges.
|
|
|
|
|
Torque
Legendary
Offline
Activity: 3542
Merit: 5039
|
|
January 11, 2017, 05:21:53 PM |
|
Massive shorting? Dat bounce is going to be UUGE..
|
|
|
|
|
|
Arcteryx
|
|
January 11, 2017, 05:22:51 PM |
|
Lets see what happens when people start trying to make withdrawals.
At that point it could very well be another Mt.Gox event that will unfold. Get your bitcoin ready to sell just before that happens. That could be a devasting effect and heads will explode when that happens. How history tends to repeat itself.  How long did it take for the ATH of $1263 take to start going down? An hour? I would be ready people if I were you!  |
|
|
|
|
|
soullyG
|
|
January 11, 2017, 05:23:04 PM |
|
Massive shorting? Dat bounce is going to be UUGE..
Bear trap to end all bear traps? Ah Bitcoin you never fail to be interesting  |
|
|
|
|
|
Tmdz
|
|
January 11, 2017, 05:27:04 PM |
|
|
|
|
|
|
|
hifzi
|
|
January 11, 2017, 05:28:48 PM |
|
is this the fear level of bitcoin??
|
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3008
Welt Am Draht
|
|
January 11, 2017, 05:30:20 PM |
|
is this the fear level of bitcoin??
Not particularly. It's boredom. Bitcoin traders, you are flighty pussies who need slapping upside the head. If we get another 3 years of nothing I'm spending my BTC on assassinating every single one of them. |
|
|
|
|
toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
|
|
January 11, 2017, 05:30:57 PM |
|
It's the exchanges that are doing it themselves IMO.
Look at Bitstamp - barely moves in comparison. The Chinese exchanges must be short of bitcoin to back their registered deposits. The Gox fingerprint is there. Vertical drop-offs from nowhere and high volume buybacks at the base of each.
Could off-course be regular shorting but the extremity of it suggests otherwise to me. (Well I'm watching Huobi - don't know about the other ones).
|
|
|
|
|
|
ft73
|
|
January 11, 2017, 05:32:44 PM |
|
Just one more leg down.
or not flat bottom at 790-820 for a more hours... should become more clear in the next hour Doubt that. Dead cat bouce up to about 825$ and down again. lower highs and more bottoming, then... cat with golden gun riding a fire breathing unicorn As you may see 790$ is already gone, as well as 780$ (Bitstamp) ... This is the leg down i was talking about |
|
|
|
|
EatonABooger
Member
Offline
Activity: 151
Merit: 36
|
|
January 11, 2017, 05:35:13 PM |
|
I am sorry guys... it must be my fault....
every time I think we are at the bottom, I buy more.
BTC seems to go the exact opposite direction every time I try to day trade. I am not joking.
|
|
|
|
|
|
gembitz
|
|
January 11, 2017, 05:35:38 PM |
|
^$500 rock bottom?  weeee |
|
|
|
|
European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
|
|
January 11, 2017, 05:36:28 PM |
|
The Chinese exchanges must be short of bitcoin to back their registered deposits.
should anyone be surprised if this turns out to be true? none of the chinese exchanges have done much or anything to reassure everyone that they have what they purport to have. they've just been a little more subtle than other exchanges who fake hacks. |
|
|
|
|
|
hifzi
|
|
January 11, 2017, 05:38:50 PM |
|
is this the fear level of bitcoin??
Not particularly. It's boredom. Bitcoin traders, you are flighty pussies who need slapping upside the head. If we get another 3 years of nothing I'm spending my BTC on assassinating every single one of them. prce steady at 77x, no huge buyer also no huge seller, thay are ready to sell more or buy more |
|
|
|
|
|
Tmdz
|
|
January 11, 2017, 05:39:22 PM |
|
^$500 rock bottom? weeee Rock bottom HAHAHAHAHAHAHAHAHHAHA There is no such thing. |
|
|
|
|
|
Poll
