riiiiising
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October 13, 2014, 10:49:38 PM |
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What a shock, dumbasses are dumping again. Morons, if you would just hold instead of selling like sheep, we could be at an ATH by now.
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Patel
Legendary
Offline
Activity: 1321
Merit: 1007
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October 13, 2014, 10:50:05 PM |
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will probably not even get to 390...
you spoke too soon
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Omikifuse
Legendary
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Activity: 1806
Merit: 1009
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October 13, 2014, 10:50:40 PM |
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395 on Stamp ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Pump is over. Go back home. Try to rebuy your children and wife you sold because you thought bitcoin would goes to moon today.
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Blazin604
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October 13, 2014, 10:50:52 PM |
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why are they selling
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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October 13, 2014, 10:52:38 PM |
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395 on Stamp ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Pump is over. Go back home. Try to rebuy your children and wife you sold because you thought bitcoin would goes to moon today. I'd never sell my children for bitcoins..
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JimboToronto
Legendary
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Activity: 4102
Merit: 4729
You're never too old to think young.
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October 13, 2014, 10:53:04 PM |
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why are they selling
profit taking?
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ShroomsKit
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October 13, 2014, 10:53:25 PM |
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why are they selling
Because the price of their coins going up is a horrible, horrible thing.
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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 13, 2014, 10:53:54 PM |
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will probably not even get to 390...
you spoke too soon i didn't expect someone to leverage short 750 coins right now...lol but it's fine...we'll be up anyway
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thefunkybits
Legendary
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Activity: 1218
Merit: 1000
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October 13, 2014, 10:54:51 PM |
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why are they selling
Because the price of their coins going up is a horrible, horrible thing. Heavy resistance at these levels...but I could see this rally taking us to 420-450 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDeztAf1.png&t=665&c=DXojMXcS4-rkiQ)
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JimboToronto
Legendary
Offline
Activity: 4102
Merit: 4729
You're never too old to think young.
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October 13, 2014, 10:55:14 PM |
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395 on Stamp ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Pump is over. Go back home. Try to rebuy your children and wife you sold because you thought bitcoin would goes to moon today. LOL ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi664.photobucket.com%2Falbums%2Fvv10%2FJimboToronto%2Fthe-sky-is-falling.jpg&t=665&c=ztJ29-QLpgA72g)
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Rocky X
Newbie
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Activity: 31
Merit: 0
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October 13, 2014, 10:55:39 PM |
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We passed 400 finally. I'm expecting uptrend for short term.
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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October 13, 2014, 10:55:49 PM |
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will probably not even get to 390...
you spoke too soon i didn't expect someone to leverage short 750 coins right now...lol but it's fine...we'll be up anyway Does leveraged short mean the exchanges are lending them money??
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heartastack
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October 13, 2014, 10:59:11 PM |
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will probably not even get to 390...
you spoke too soon i didn't expect someone to leverage short 750 coins right now...lol but it's fine...we'll be up anyway Does leveraged short mean the exchanges are lending them money?? In a way. It means that the exchange gives them bitcoins e.g. give the exchange 1 bitcoin and they give you 10 (or 20 or 50, depending how much leverage you have). They then dump these coins straight onto the market and try to rebuy cheaper. When they re-buy they can sell back to the exchange and pocket the difference. There was a lot of money being made doing this all the way down from $600. Now the price is going back up and the shorts forgot to buy back in. They are now being forced to buy back in but some brave souls are trying to dump more to stop the rise. Shit's getting real. Let's hope the exchange didn't get greedy either and lend more than they can get back! This is the true meaning of sharks
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criptix
Legendary
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Activity: 2464
Merit: 1145
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October 13, 2014, 10:59:31 PM |
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will probably not even get to 390...
you spoke too soon i didn't expect someone to leverage short 750 coins right now...lol but it's fine...we'll be up anyway Does leveraged short mean the exchanges are lending them money?? they lend bitcoins to short ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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October 13, 2014, 11:00:15 PM |
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will probably not even get to 390...
you spoke too soon i didn't expect someone to leverage short 750 coins right now...lol but it's fine...we'll be up anyway Does leveraged short mean the exchanges are lending them money?? they lend bitcoins to short ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ohhhh. Well there is the problem right there isn't it ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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ChartBuddy
Legendary
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Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 13, 2014, 11:00:56 PM |
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bassclef
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October 13, 2014, 11:03:04 PM |
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will probably not even get to 390...
you spoke too soon i didn't expect someone to leverage short 750 coins right now...lol but it's fine...we'll be up anyway Does leveraged short mean the exchanges are lending them money?? they lend bitcoins to short ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Technically they are lending other people's bitcoins, and the lenders are making interest.
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janos666
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October 13, 2014, 11:04:25 PM |
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will probably not even get to 390...
you spoke too soon i didn't expect someone to leverage short 750 coins right now...lol but it's fine...we'll be up anyway Does leveraged short mean the exchanges are lending them money?? they lend bitcoins to short ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ohhhh. Well there is the problem right there isn't it ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) It works the other way as well. They can lend you $ to buy more BTC than you could afford. You might even buy more BTC by keeping some BTC there, effectively harvesting more BTC on a way up (like now - well, at least up to 400 an who knows from here...) thus you might end up with BTC + extra $ or even BTC + BTC (you can automatically buy BTC for the $ you earned).
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 13, 2014, 11:04:55 PM |
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Time to reel some more shorts in before the next pump. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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