windjc
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Activity: 2156
Merit: 1070
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June 30, 2014, 08:44:14 PM |
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So far this price increase hasn't caused Bitfinex swap rates to increase. You can still get swap for as little as 0.165%/day. This is different from the rate spikes that we commonly see.
Probably a lot of swaps closing out that were a little under water, happy to break even or make a small profit. Unlikely. Would you close a long position when it was going through the roof? I'm thinking people are going long with money that was just sitting around. A small number may have taken out loans in advance. And this is a joint effort across the markets (several minutes ago Bitstamp was consisently $1-$3 ahead of Bitfinex). Also people might be acting cautious as there isn't much real news on the auction. You may be right. |
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windjc
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Activity: 2156
Merit: 1070
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June 30, 2014, 08:44:45 PM |
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i still can't get over how many people were thinking the coins would go for below market...  Never underestimate the power of stupidity. |
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hd060053
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June 30, 2014, 08:55:31 PM |
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120 BTC buy on kraken
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seljo
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Activity: 1179
Merit: 1014
Hodling since 2011.®
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June 30, 2014, 08:58:36 PM |
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there is clearly an urgent need for some dinosaurs
 LOL Thank you Sir. You saved the day ! There is definitely a correlation between Bitcoin's price and the number of dinosaurs in this forum Is that a Pimposaurus? There... |
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ShroomsKit_Disgrace
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Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
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June 30, 2014, 08:59:47 PM |
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TL; DR: We are at 650 in the beginning of July, 2014.
ALL SAID. |
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ChartBuddy
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Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 30, 2014, 09:00:37 PM |
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derpinheimer
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Activity: 896
Merit: 1000
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June 30, 2014, 09:02:47 PM |
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Crash O' Clock!
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windjc
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Activity: 2156
Merit: 1070
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June 30, 2014, 09:04:47 PM |
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boumalo
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Activity: 1946
Merit: 1019
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June 30, 2014, 09:09:42 PM |
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i still can't get over how many people were thinking the coins would go for below market... The result of the auction had to be positive because it showed whales were interested in Bitcoin and it was good press as well Its July? And no $10 coins? How can this be, the prophet was wrong?? Many people have been wrong on Bitcoin and many people are still wrong but we are getting there |
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BTCfan1
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June 30, 2014, 09:15:47 PM |
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645 wall gone on stamp
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 30, 2014, 09:21:44 PM |
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So do you guys think we are going to make it back to our home of $666? People are just itching to dig that thread again...
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criptix
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Activity: 2464
Merit: 1145
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June 30, 2014, 09:23:00 PM |
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Again, where is 30,000 coming from? They had 48,013 BTC of bids..
So, they had 16 bids.. (48,000 for 30,000 bitcoin)
I guess what matters here is wether or not the 20M includes the obvious 18,000 that didnt win (0% chance for them to win, before results were out). I dont see why it WOULDNT include that.
So, $20,000,000/48,000 = $416.67
still, not one single bid of them got accepted. this is a pretty strong signal! |
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BTCfan1
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June 30, 2014, 09:23:49 PM |
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the next 12-24hrs are gonna be really interesting
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ChrisML
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June 30, 2014, 09:24:48 PM |
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I am not touching any long or short button the next 12 hours. lol
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GreekGeek
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June 30, 2014, 09:24:59 PM |
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So do you guys think we are going to make it back to our home of $666? People are just itching to dig that thread again...
make that ~$800 |
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shizuska
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Activity: 41
Merit: 0
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June 30, 2014, 09:27:16 PM |
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TL; DR: We are at 650 in the beginning of July, 2014.
ALL SAID. WoW, Risto nailed it this time |
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derpinheimer
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Activity: 896
Merit: 1000
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June 30, 2014, 09:28:03 PM |
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I am not touching any long or short button the next 12 hours. lol
Look, I dont want to push you in to doing the wrong thing, but.. SHORTSHORTSHORT Whats so funny?? CALLED IT. |
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windjc
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Activity: 2156
Merit: 1070
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June 30, 2014, 09:34:02 PM |
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I am not touching any long or short button the next 12 hours. lol
Look, I dont want to push you in to doing the wrong thing, but.. SHORTSHORTSHORT Whats so funny?? CALLED IT. You are funny. The market has gone up over 10% in the last week and you are still screaming short. Priceless. |
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hyphymikey
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June 30, 2014, 09:35:44 PM |
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I am not touching any long or short button the next 12 hours. lol
Look, I dont want to push you in to doing the wrong thing, but.. SHORTSHORTSHORT Whats so funny?? CALLED IT. I don't see a crash. Am I missing something? |
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ssmc2
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Activity: 2002
Merit: 1040
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June 30, 2014, 09:38:09 PM |
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What I don't get is there's a lot of opposition to putting it in water supplies yet never any discussion on not adding it. I keep hearing this teeth argument but if the damn stuff is already in toothpaste then there's no need to add it to the water supply. Also, aren't there laws against medication without consent? EDIT: Shit, wrong thread  haha F that fluoride man |
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