BldSwtTrs
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Activity: 861
Merit: 1010
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October 10, 2014, 09:16:51 AM |
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Bitfinex spikes to a new high. 14,384 btc short  Going to be epic did to anyone occur that he who is opening those short knows what is he doing? It's BTC market, nobody knows what he is doing. |
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FNG
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October 10, 2014, 09:21:17 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me  What happens if a large buyers steps up and forces margin calls? |
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hdbuck
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Activity: 1260
Merit: 1002
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October 10, 2014, 09:24:34 AM |
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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October 10, 2014, 09:35:48 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me What happens if a large buyers steps up and forces margin calls? they dont need to have bigger balls -> just insiders info.  |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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October 10, 2014, 09:36:48 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me What happens if a large buyers steps up and forces margin calls? they dont need to have bigger balls -> just insiders info. insiders info directly from the CEO of bitcoin? |
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600watt
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Activity: 2338
Merit: 2106
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October 10, 2014, 09:39:09 AM |
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could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?
The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?
DOGE is a pretty big one its hard to say exactly how it these alts effect he BTC market but the idea that BTC is needed to bid in these markets is rather bullish for BTC. Alts have diluted capital flow into BTC. Perhaps just fool's money, but imagine if all the cash that went into DOGE et al. went into BTC. money moving towards alts is getting less: |
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tarmi
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Activity: 1218
Merit: 1010
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October 10, 2014, 09:42:07 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me What happens if a large buyers steps up and forces margin calls? they dont need to have bigger balls -> just insiders info. insiders info directly from the CEO of bitcoin? no, directly from mr 30 k guy who is btw raping stamp's order book since july. |
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FNG
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October 10, 2014, 09:44:37 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me What happens if a large buyers steps up and forces margin calls? they dont need to have bigger balls -> just insiders info. insiders info directly from the CEO of bitcoin? no, directly from mr 30 k guy who is btw raping stamp's order book since july. So he's going to provide them with an exit? I don't see how else they're going to be able to get out of their short positions. Book is empty |
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ImI
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Activity: 1946
Merit: 1019
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October 10, 2014, 09:44:41 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me What happens if a large buyers steps up and forces margin calls? they dont need to have bigger balls -> just insiders info. insiders info directly from the CEO of bitcoin? no, directly from mr 30 k guy who is btw raping stamp's order book since july. so holding a big stack makes you an "insider"? if i buy a big stack of apple shares that makes me an insider?? |
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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October 10, 2014, 09:46:54 AM |
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Thanks.. I had tried to download it earlier from another link and I could NOT get it to work, but that link seems to be downloading.... looks like about 25 minutes to download... Have you watched it? I heard that the production took place over several years... Any comments? |
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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October 10, 2014, 09:52:16 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me What happens if a large buyers steps up and forces margin calls? they dont need to have bigger balls -> just insiders info. insiders info directly from the CEO of bitcoin? Or enough coins either in their disposal or disposal of someone(s) else to feel fairly confident that either they or their associates have the power and/or resolve to sufficiently move the price in one direction or another. They may miscalculate the strength of the other side though.. that is if the other side is mustering up a defense.. and that seems to be be kind of what has been happening in the past few weeks.. there seems to be less willingness of some of the bulls to tolerate continued downward movement of the BTC prices and some bulls are getting anxious for some upward price movement.... but still the bulls may NOT have enough resolve to really fight the downward price direction if they feel sufficiently confident that they will be able to move BTC prices up again if and when needed. |
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N12
Donator
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Activity: 1610
Merit: 1010
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October 10, 2014, 09:55:52 AM |
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Total sum of active swaps
14,428.47 BTC
GL
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FNG
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October 10, 2014, 09:57:08 AM |
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14,428 shorties continue to pile on.
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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October 10, 2014, 09:57:22 AM |
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could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?
The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?
DOGE is a pretty big one its hard to say exactly how it these alts effect he BTC market but the idea that BTC is needed to bid in these markets is rather bullish for BTC. Alts have diluted capital flow into BTC. Perhaps just fool's money, but imagine if all the cash that went into DOGE et al. went into BTC. money moving towards alts is getting less: YES!!! That is certainly an interesting trend, when some people try to give so much importance to the supposed dynamic of alts stealing away market cap from BTC, when we look more closely at the facts, the story seems to be quite to the contrary... alts are proliferating and so far pretty much stealing from each other rather than from bitcoin b/c as a whole bitcoin is NOT losing market share to such alts. NOW again, that is a good metric to monitor b/c it could change in a year or so or somewhere down the line some of the alts may begin to take some market share from BTC. |
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ShroomsKit
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October 10, 2014, 09:59:39 AM |
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And another 900 coins. Everyone still in denial here? The uptrend is over.
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Thomas-s
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October 10, 2014, 10:00:39 AM |
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And another 900 coins. Everyone still in denial here? The uptrend is over.
Thank god there are such things as shorting :^) |
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ensurance982
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October 10, 2014, 10:00:53 AM |
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money moving towards alts is getting less: Yeah, it's a good thing. But keep in mind that this graph goes from 86% to 100%, and thus looks a tad biased. I.e. the money in alts hasn't halved or anything. We're talking about a 1/10 of all crypto to begin with. Still a good thing. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 10, 2014, 10:01:07 AM |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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October 10, 2014, 10:02:15 AM |
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Bitfinex spikes to a new high. 14,384 btc short Going to be epic did to anyone occur that he who is opening those short knows what is he doing? If they know what they're doing they've got way bigger balls than me What happens if a large buyers steps up and forces margin calls? they dont need to have bigger balls -> just insiders info. insiders info directly from the CEO of bitcoin? no, directly from mr 30 k guy who is btw raping stamp's order book since july. NOW, you are engaging in near total speculation, here, Tarmi. I doubt that you have any real direct evidence that there is only one guy responsible for downward price manipulation. Sure it is plausible, but what is the evidence, beyond your merely baldly asserting such? |
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razorramon
Full Member
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Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
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October 10, 2014, 10:04:47 AM |
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someone said cup and handle yesterday...
a down correction was inevitable...the questions were: when, how deep, how fast....because of the quick rise we had a sharp fall (bids were not following fast enough)...consolidation seems to be over soon...
if it would have been "the dumper"..we would have seen much bigger dumps....it was just market...and market wants to rise soon
in the trading emotion cycle we are somewhere around hope/doubt
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