Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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February 12, 2018, 09:53:46 PM |
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Neo_Coin
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Activity: 1204
Merit: 293
"Be Your Own Bank"
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February 12, 2018, 10:18:20 PM |
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yefi
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Activity: 2842
Merit: 1511
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February 12, 2018, 10:33:16 PM |
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May I please get September 1st 2018? Nobody got September and I love September. Since I am a latecomer I will donate the entire sum if it happens to be me. Sounds good?
If you snatched the prize from somebody who would have otherwise won, I don't think they'd be too pleased about that, even if you do donate your windfall. You're working with new information now that wasn't available to the other participants, so you shouldn't be allowed to compete.
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HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 12, 2018, 10:42:00 PM |
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Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts). Longs outnumber shorts 3.7:1 how to host an image
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hazukison
Member
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Activity: 100
Merit: 10
Donate --> 15B6eKDUmjbV21Ujwj32HCX7qctCeSuzyi
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February 12, 2018, 10:44:56 PM |
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Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts). Longs outnumber shorts 3.7:1 how to host an imageCan you explain whats going on here? to the stupid lol..
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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February 12, 2018, 10:46:58 PM |
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Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts). Longs outnumber shorts 3.7:1 how to host an imageThat's worrisome.
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Wekkel
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Activity: 3108
Merit: 1531
yes
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February 12, 2018, 10:51:15 PM |
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That's worrisome.
Perhaps time to place a double bottom and then get on with the show?
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JayJuanGee
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Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
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February 12, 2018, 10:56:14 PM |
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Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts). Longs outnumber shorts 3.7:1 how to host an imageCan you explain whats going on here? to the stupid lol.. I certainly don't know what is going on, either. My understanding is that if there is so much confidence that BTC price are going up, and a large number of traders are betting margin longs, then that creates a really LARGE incentive for bearwhales to push the price in the opposite direction to force the longs to close. Accordingly, the forcing of the longs to close can then cause a cascading effect that allows for the bears to make much more money than it costs them to push the price down. On the other hand, if the large number of traders betting for BTC prices to go UP are correct, then the ones betting on UP make a lot of money in that direction too.... I think that ultimately the considerably large ratio of longs to shorts does not tell us the price direction; however, it does likely tell us that in order to get BTC prices to move in either direction, there is going to be a necessity to spend a considerable amount of value in this price range to battle for your preferred direction.. which signifies a need for a decent amount of volume to get the BTC price to move either direction based on the way that the bets are currently laid. TLDR: Seems that we are in a critical battle price range....
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 12, 2018, 11:03:26 PM |
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hourly fix indicates a bear party just round the cnr
... #r3kt
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bitserve
Legendary
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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February 12, 2018, 11:04:52 PM |
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May I please get September 1st 2018? Nobody got September and I love September. Since I am a latecomer I will donate the entire sum if it happens to be me. Sounds good?
If you snatched the prize from somebody who would have otherwise won, I don't think they'd be too pleased about that, even if you do donate your windfall. You're working with new information now that wasn't available to the other participants, so you shouldn't be allowed to compete. One of the reasons (there are more) I picked 28/08/2018 is because it also covered a good part of September. If it is allowed to pick new dates now, it should also be allowed to change the previous picks too. Maybe even the ones that already "lost" because maybe (or surely) they would have picked a later date now.
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Deeyoh
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Activity: 258
Merit: 14
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February 12, 2018, 11:06:01 PM |
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My 9k alarm keeps sounding.
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mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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February 12, 2018, 11:10:35 PM |
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hazukison
Member
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Activity: 100
Merit: 10
Donate --> 15B6eKDUmjbV21Ujwj32HCX7qctCeSuzyi
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February 12, 2018, 11:12:09 PM |
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Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts). Longs outnumber shorts 3.7:1 how to host an imageCan you explain whats going on here? to the stupid lol.. I certainly don't know what is going on, either. My understanding is that if there is so much confidence that BTC price are going up, and a large number of traders are betting margin longs, then that creates a really LARGE incentive for bearwhales to push the price in the opposite direction to force the longs to close. Accordingly, the forcing of the longs to close can then cause a cascading effect that allows for the bears to make much more money than it costs them to push the price down. On the other hand, if the large number of traders betting for BTC prices to go UP are correct, then the ones betting on UP make a lot of money in that direction too.... I think that ultimately the considerably large ratio of longs to shorts does not tell us the price direction; however, it does likely tell us that in order to get BTC prices to move in either direction, there is going to be a necessity to spend a considerable amount of value in this price range to battle for your preferred direction.. which signifies a need for a decent amount of volume to get the BTC price to move either direction based on the way that the bets are currently laid. TLDR: Seems that we are in a critical battle price range.... Great explaination thanks and I still don't fully understand what you wrote hahaha
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Ibian
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Activity: 2268
Merit: 1278
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February 12, 2018, 11:13:10 PM |
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Let's get banjo Vegeta this time.
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bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
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Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts). Longs outnumber shorts 3.7:1 how to host an imageCan you explain whats going on here? to the stupid lol.. I certainly don't know what is going on, either. My understanding is that if there is so much confidence that BTC price are going up, and a large number of traders are betting margin longs, then that creates a really LARGE incentive for bearwhales to push the price in the opposite direction to force the longs to close. Accordingly, the forcing of the longs to close can then cause a cascading effect that allows for the bears to make much more money than it costs them to push the price down. On the other hand, if the large number of traders betting for BTC prices to go UP are correct, then the ones betting on UP make a lot of money in that direction too.... I think that ultimately the considerably large ratio of longs to shorts does not tell us the price direction; however, it does likely tell us that in order to get BTC prices to move in either direction, there is going to be a necessity to spend a considerable amount of value in this price range to battle for your preferred direction.. which signifies a need for a decent amount of volume to get the BTC price to move either direction based on the way that the bets are currently laid. TLDR: Seems that we are in a critical battle price range.... Yep, that's it. The more shorts there are, the more cascading effect we can have on the upside. Consider it sorta a multiplier. The opposite is also true for margin longs and dumps. It doesn't mean it cannot rise... in fact, sometimes it just means the situation is so clear that noone dares to short but... for an explosive rise the more shorts being rekt, the better.
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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February 12, 2018, 11:41:02 PM |
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Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts). Longs outnumber shorts 3.7:1 how to host an imageThat is the ratio. With the corporate accounts being closed out they are closing their shorts. There might be one guy going long at $100 vs someone going short $5 with what's left.
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explorer
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Activity: 2016
Merit: 1259
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February 12, 2018, 11:59:03 PM Merited by jojo69 (1), Nosk (1) |
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Earlier, the head of the Bank for International Settlements (BIS) Agustin Carstens said bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” calling central banks to crack down on cryptocurrencies. Agustin_Carstens Lol, calling something an environmental disaster when he is that size. There's the Real Bubble TM Pop that fucker!
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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February 13, 2018, 12:07:32 AM |
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I think this time it's gonna break it.
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mymenace
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Activity: 1596
Merit: 1061
Smile
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February 13, 2018, 12:21:47 AM Last edit: February 13, 2018, 12:41:37 AM by mymenace |
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Agustin_Carstens made me laugh "pigs get slaughtered", reminds me of the kodak story and their hidden digital tech never to be released a complete change, replaced the old with the new
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