adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 01, 2014, 07:10:30 PM |
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i need a fucking smoke!
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 01, 2014, 07:11:09 PM |
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loving this shit.
<- ADDICTED!
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Gingermod
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June 01, 2014, 07:11:18 PM |
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Any word of why we just flash crashed?
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magicmexican
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June 01, 2014, 07:11:50 PM |
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Fuck sake was just cooking and missed all of that  missed a buy order by $0.50 :/ Thats what you get for trading BTC like a casual... You need to step up your game and trade like this :  |
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BldSwtTrs
Legendary
Offline
Activity: 861
Merit: 1010
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June 01, 2014, 07:12:30 PM |
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Any word of why we just flash crashed?
Because we are in a bull market and it's what Bitcoin do in a bull market. |
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RUEHL
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June 01, 2014, 07:12:35 PM |
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(__!__) before  (__o__) after  |
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BTCtrader71
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June 01, 2014, 07:12:53 PM |
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Any word of why we just flash crashed?
explanation by molecular a few posts back makes the most sense to me. How else to explain that the USD swap offers dried up all of a sudden? |
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TheJuice
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June 01, 2014, 07:13:52 PM |
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Any word of why we just flash crashed?
finex whale making $$ |
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molecular
Donator
Legendary
Offline
Activity: 2800
Merit: 1023
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June 01, 2014, 07:14:15 PM |
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This is why we sell on the way up That has it's own problems. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 01, 2014, 07:14:32 PM |
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this is just how we roll
welcome to bitcoin
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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June 01, 2014, 07:14:45 PM |
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Any word of why we just flash crashed?
explanation by molecular a few posts back makes the most sense to me. How else to explain that the USD swap offers dried up all of a sudden? How much was taken off the table? Could the offers simply have been snatched up by speculators in a panic not to miss the train? |
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nrd525
Legendary
Offline
Activity: 1870
Merit: 1023
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June 01, 2014, 07:15:12 PM |
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The Bitfinex USD swap orders are always drying up. Why? Because 90-95% of the money is being lent out at the variable rate. The swap rate is very inelastic. A small increase in demand triggers a large increase in the rate (and a small drop in demand causes a large decrease in the rate).
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 01, 2014, 07:15:35 PM |
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PS this was a freebie anyone that bought anywhere on this dip is gana be fine...
next time we may not be so nice.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 01, 2014, 07:16:18 PM |
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idk shit poeple
<- drunk
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BTCtrader71
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June 01, 2014, 07:16:31 PM |
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Any word of why we just flash crashed?
explanation by molecular a few posts back makes the most sense to me. How else to explain that the USD swap offers dried up all of a sudden? How much was taken off the table? Could the offers simply have been snatched up by speculators in a panic not to miss the train? Right now, the swap offers are close to being ALL GONE. If that was the result of panic buying, the price would be going up by a huge amount, not down. |
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TheJuice
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June 01, 2014, 07:18:07 PM |
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Any word of why we just flash crashed?
explanation by molecular a few posts back makes the most sense to me. How else to explain that the USD swap offers dried up all of a sudden? How much was taken off the table? Could the offers simply have been snatched up by speculators in a panic not to miss the train? Right now, the swap offers are close to being ALL GONE. If that was the result of panic buying, the price would be going up by a huge amount, not down. exactly. |
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BTCtrader71
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June 01, 2014, 07:19:18 PM |
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Any word of why we just flash crashed?
explanation by molecular a few posts back makes the most sense to me. How else to explain that the USD swap offers dried up all of a sudden? How much was taken off the table? Could the offers simply have been snatched up by speculators in a panic not to miss the train? Right now, the swap offers are close to being ALL GONE. If that was the result of panic buying, the price would be going up by a huge amount, not down. exactly. If the above explanation is true, then this is a bear trap, and we should expect the price to be rebounding up rather quickly |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 01, 2014, 07:19:48 PM |
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i'm gana recommend a speculative buy who knows bitcoin might get accepted by your mom
<- getting wasted
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TheJuice
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June 01, 2014, 07:20:12 PM |
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and the swap is back. he buys up 100k of swap; offers swap at high rates. closes what he borrowed after a few minutes.
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yrtrnc
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June 01, 2014, 07:20:19 PM |
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Don't be a sheep!
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