Biodom
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Activity: 3808
Merit: 4027
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June 26, 2021, 05:15:20 AM |
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budddeyyyy!
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ivomm
Legendary
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Activity: 1866
Merit: 2910
All good things to those who wait
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June 26, 2021, 05:21:05 AM Last edit: June 26, 2021, 07:01:06 AM by ivomm |
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Hey! Where's everyone? Only @ChartBuddy and @LFC_Bitcoin observing right now? Come on! Everybody is good at observing when the price is pumping. The real WO gang is when price is boring!
Shorts are at a yearly high. I don’t really understand what’s going on. Do they know something we don’t, some kind of epic incoming FUD about to break? There’s a massive whale on Bitfinex who keeps adding to his shorts. $25,000 incoming or a massive short squeeze? I've been following the actions of this whale for several years. He is a legend, making $100-200mil by leverage trading on BFX and other derivate exchanges. Since he is well known to the owners of exchanges, he can't openly manipulate the market. My observations show that he is working alone and he is a fair player. In that sense his shorts can't harm the price. Also, he was not always right. It's just that his successful trades are more important than the unsuccessful ones. For example, after 12 March 2020, when the price recovered to 6K, he was confident there will be a pull back to 3K. He failed miserably then, losing a big portion of his wealth. After that, he announced he is retiring. But clearly, he changed his mind recently, when he saw the 12+ consecutive red hours, repeating each Friday. He closed his shorts just before the price fell to 28K last week, fearing a strong rebound. He was right. Now he thinks the price will fall to 30K and is waiting with $800m+ shorts. I don't know what is the leverage, but by a pure speculation it is between 5x and 20x, probably 10x. I've noticed that he added his short positions after the price fell to 33K area yesterday, which clearly shows he is not involved in the regular dumps. Moreover, even if he dumps on BFX, it won't affect the price on the other exchanges. Nowadays Binance is forming the price and the huge volume there makes it harder for a single whale to manipulate the price. But there are other futures exchanges, so this is a valid possibility, of course. Especially, if we have a group of whales making coordinated dumps simultaneously on several exchanges.
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aysg76
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Activity: 1960
Merit: 2124
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June 26, 2021, 05:56:58 AM |
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So I saw this image and it hit me hard and really wanted to share with you guys Source: Bitcoin.allBut I am little bit confused which dip she might be talking about? .The cheese garlic one or the real one That's the million dollar question... how much dip is enough dip, and what should be my plan to deal with such seemingly ongoing (and never-ending) dippenings? We need to have these dips turned into opportunity if we have trust on Bitcoin and invest another extra portion of savings into Bitcoin on these dips and stay calm.Although the funny and pressure part is that it keeps on dipping afterwards but we need to realise that it will go up as soon as Retail and institutional support is forwarded to the market which maybe soon in say next 1-2 month.Till then we need to relax say stay away from regular market reactions and FOMO which will help us to not worry much if we have already invested to our full extent into Bitcoin.We need to think that it's not the beginning of the end of the market but the end of bearish trend and beginning of bull run soon.It will not keep dipping to some serious levels and will eventually rise and we need to wait until that point is achieved.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2021, 06:01:35 AM |
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modrobert
Sr. Member
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Activity: 356
Merit: 287
-"When the going gets weird, the weird turn pro."
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June 26, 2021, 06:11:09 AM |
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The BTC/USD rate seems to be in la-la land. I was expecting weird things down the road as the USD money printer goes "brrr", but it's too soon; are we already at "1 BTC is 1 BTC" fallback because any other price metric is bonkers?
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ChartBuddy
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Activity: 2226
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2021, 07:01:25 AM |
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becoin
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Activity: 3431
Merit: 1233
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For example, after 12 March 2020, when the price recovered to 6K, he was confident there will be a pull back to 3K. He failed miserably then, losing a big portion of his wealth. After that, he announced he is retiring.
I've fucked this guy last year and I'll fuck him again.
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ChartBuddy
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June 26, 2021, 08:01:25 AM |
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El duderino_
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Activity: 2562
Merit: 12397
BTC + Crossfit, living life.
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June 26, 2021, 08:25:17 AM Merited by JayJuanGee (1) |
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For example, after 12 March 2020, when the price recovered to 6K, he was confident there will be a pull back to 3K. He failed miserably then, losing a big portion of his wealth. After that, he announced he is retiring.
I've fucked this guy last year and I'll fuck him again. Whale alert 🚨 🐳
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somac.
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Activity: 2073
Merit: 1211
Never selling
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June 26, 2021, 08:29:54 AM |
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For example, after 12 March 2020, when the price recovered to 6K, he was confident there will be a pull back to 3K. He failed miserably then, losing a big portion of his wealth. After that, he announced he is retiring.
I've fucked this guy last year and I'll fuck him again. Please do.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2021, 09:01:33 AM |
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UnDerDoG81
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Merit: 1201
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June 26, 2021, 09:13:31 AM |
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Seems like this time they smarter and will break 30k slowly. This is worse than a hard dump.
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somac.
Legendary
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Activity: 2073
Merit: 1211
Never selling
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June 26, 2021, 09:16:42 AM |
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Seems like this time they smarter and will break 30k slowly. This is worse than a hard dump.
At least the order book is still pretty strong, I thought the last drop would have cleared it out far more.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2021, 10:01:26 AM |
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2021, 11:01:26 AM |
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strawbs
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June 26, 2021, 11:26:53 AM Merited by JayJuanGee (1) |
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[Buddy breaker - it's quiet around here.....] Apologies if this has been posted here before (I don't think it has). I don't usually concern myself too much with mining, but this discussion between Adam Back (CEO of Blockstream) and Tyler Page (CEO of Cipher Mining) is pretty interesting to gain an understanding of the current thinking of miners in relation to the recent movement of hash rate distribution away from China, energy use and global semiconductor shortages. https://www.youtube.com/watch?v=YxAczyya374
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Spaceman_Spiff_Original
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June 26, 2021, 11:53:39 AM |
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I've been following the actions of this whale for several years. He is a legend, making $100-200mil by leverage trading on BFX and other derivate exchanges. Since he is well known to the owners of exchanges, he can't openly manipulate the market. My observations show that he is working alone and he is a fair player. In that sense his shorts can't harm the price. Also, he was not always right. It's just that his successful trades are more important than the unsuccessful ones. For example, after 12 March 2020, when the price recovered to 6K, he was confident there will be a pull back to 3K. He failed miserably then, losing a big portion of his wealth. After that, he announced he is retiring. But clearly, he changed his mind recently, when he saw the 12+ consecutive red hours, repeating each Friday. He closed his shorts just before the price fell to 28K last week, fearing a strong rebound. He was right. Now he thinks the price will fall to 30K and is waiting with $800m+ shorts. I don't know what is the leverage, but by a pure speculation it is between 5x and 20x, probably 10x. I've noticed that he added his short positions after the price fell to 33K area yesterday, which clearly shows he is not involved in the regular dumps. Moreover, even if he dumps on BFX, it won't affect the price on the other exchanges. Nowadays Binance is forming the price and the huge volume there makes it harder for a single whale to manipulate the price. But there are other futures exchanges, so this is a valid possibility, of course. Especially, if we have a group of whales making coordinated dumps simultaneously on several exchanges.
How are you able to follow the actions of this person so closely, and determine his reasoning so clearly? Like for example you said he announced he was retiring? Is there a special feature on BFX for following certain whales? Or are you just guessing it from certain price actions?
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2021, 12:01:38 PM |
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savetherainforest
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June 26, 2021, 12:06:00 PM |
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budddeyyyy!
"He not your friend 'budddeyyy' guy!" ... ---------------------------------------------------------------------------------------------------------------------------------------- Who cares?? ... It's free publicity. And they will eventually want to hold some sort of coin into their own hand. And if they want to sell and get out, the Government will buy it all at cheap price from the suckers that sell and then they will lend it against other currencies "under the sheets" deal with their own central bank. *Edit(): Not to mention... THEY WILL LEND FIAT TO THEIR PEOPLE BACKED BY BTCiTCOIN AND THEY WILL HAVE TO PAY BACK BIG BUCKS!!! At least someone is consistent. That is the consistency of Save the RF not making hardly no senses. The only homogenous train of thought there should be allowed for each person that pertains to having a personality, enforcing it and upholding it.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2021, 01:01:26 PM |
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