podyx
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Activity: 2338
Merit: 1035
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August 19, 2014, 10:34:22 PM |
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A little flashback on the altcoin market which seems to be going to shit pretty soon   |
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grappa_barricata
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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August 19, 2014, 10:37:05 PM |
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A little flashback on the altcoin market which seems to be going to shit pretty soon haha, amazing |
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beetcoin
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August 19, 2014, 10:44:16 PM |
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A little flashback on the altcoin market which seems to be going to shit pretty soon that's pretty awesome.. and relevant at the same time. the wolf of btc-e. now to buy some quaaludes with your cryptos. |
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adamstgBit
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 19, 2014, 10:44:38 PM |
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ok i'm going to revise my numbers there not entirely fair... these number are being pull out of here in to my ass and out on to this forum so please take it with gain of salt and draw your own conclusions ... longs down ~38.4% shorts up ~17.64% price down ~18% we can see that shorts covered during the epic long squeeze, they covered ~1.3million dollars while longs squeezed out ~4.5 million. so 3.2million dollars was absorbed by non leveraged positions since this event shorts are up ~43.7% while longs are down ~24.5% also the last big dip was clearly another long squeeze event only this time short didn't cover, they appear to be building... ref : http://www.bfxdata.com/sentiment/longshort.phpidk what this means poeple but i'll stick to what i know, TO THE MOON!!!!!!!!!!!  |
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Wandererfromthenorth
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August 19, 2014, 10:46:45 PM |
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A little flashback on the altcoin market which seems to be going to shit pretty soon Shitcoins always go to shit when BTC is bearish, if BTC returns to an uptrend it's shitcoin time again, don't worry |
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Raystonn
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August 19, 2014, 10:46:59 PM |
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an interesting fact
in the last few days:
longs are down ~38.4% short are up ~43.7% price has dropped ~18%
so if longs are down and short are up , who the fuck is buying all the coins?
Willy 2.0 non leveraged true believers ( aka: investor not trader) bears are doomed. Your stats only include leveraged longs, correct? It doesn't include purchases made without margin. |
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manfred
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Activity: 966
Merit: 1001
Energy is Wealth
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August 19, 2014, 10:48:46 PM |
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New year 2018 is just around the corner   |
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Wandererfromthenorth
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August 19, 2014, 10:48:50 PM |
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an interesting fact
in the last few days:
longs are down ~38.4% short are up ~43.7% price has dropped ~18%
so if longs are down and short are up , who the fuck is buying all the coins?
Willy 2.0 non leveraged true believers ( aka: investor not trader) bears are doomed. Your stats only include leveraged longs, correct? It doesn't include purchases made without margin. Yes only margin positions. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 19, 2014, 10:49:52 PM |
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an interesting fact
in the last few days:
longs are down ~38.4% short are up ~43.7% price has dropped ~18%
so if longs are down and short are up , who the fuck is buying all the coins?
Willy 2.0 non leveraged true believers ( aka: investor not trader) bears are doomed. Your stats only include leveraged longs, correct? It doesn't include purchases made without margin. thats right its shows most of the coins bought was with non leveraged money. the latest drop almost non of the coins where bought with covering shorts, shorts increased after the drop. |
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David M
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August 19, 2014, 10:54:04 PM |
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I can't believe I forgot to buy Namecoin at under $1 yesterday.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 19, 2014, 10:55:10 PM |
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there is a whale out there eating cheap coins for breakfast and then cheaper coins for lunch and then cheaper coins for supper.
by all means keep feeding him coins....
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ChartBuddy
Legendary
 Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 19, 2014, 10:59:34 PM |
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Newbie1022
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August 19, 2014, 11:01:15 PM |
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A little flashback on the altcoin market which seems to be going to shit pretty soon Shitcoins always go to shit when BTC is bearish, if BTC returns to an uptrend it's shitcoin time again, don't worry BAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! F---ing brilliant!!!!! |
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hd060053
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August 19, 2014, 11:03:24 PM |
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I can't believe I forgot to buy Namecoin at under $1 yesterday.
namecoin is still very cheap and a good buy. One of the best and most interesting altcoins. |
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Raystonn
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August 19, 2014, 11:03:49 PM |
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It's hilarious really. Folks are borrowing Bitcoins to sell (short) to holders, who are taking them off-exchange into cold storage. It will be hard to find cheap Bitcoins when the shorts have to cover.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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August 19, 2014, 11:06:29 PM |
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Shitcoins always go to shit when BTC is bearish, if BTC returns to an uptrend it's shitcoin time again, don't worry BAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! F---ing brilliant!!!!! You should of been around when it was the airdrop cryptocoin era with coins like auroracoin,spaincoin and mazecoin. it was pretty fun lol |
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Newbie1022
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August 19, 2014, 11:06:35 PM |
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an interesting fact
in the last few days:
longs are down ~38.4% short are up ~43.7% price has dropped ~18%
so if longs are down and short are up , who the fuck is buying all the coins?
Willy 2.0 This really does seem like a bot rally being used to bleed hogs out of a little more money before a retest. That said, it did calm the market. I imagine we'll retest around 440 but we won't break it, we'll then go sideways around 460-480 for a few days as everybody will be more skeptical about there really being a rally if they got burnt again... and then we ride up with people getting on the train late. BUT, right now, they are screwing trend hunters, both short and long, on the Altcoin scene... guys who figured that if Bitcoin goes up then the altcoin will go up times 5 or 6. Hogs got hoggy. I might be super wrong, though. I do that from time to time. |
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grappa_barricata
Full Member
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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August 19, 2014, 11:07:49 PM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 19, 2014, 11:08:22 PM |
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when this thing turns its going to be VIOLENT, the manipulation is totally unsustainable, when is the breaking point is the question.
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Newbie1022
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August 19, 2014, 11:09:04 PM |
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Shitcoins always go to shit when BTC is bearish, if BTC returns to an uptrend it's shitcoin time again, don't worry BAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! F---ing brilliant!!!!! You should of been around when it was the airdrop cryptocoin era with coins like auroracoin,spaincoin and mazecoin. it was pretty fun lol I can only imagine! =D |
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