tarmi
Legendary
 Offline
Activity: 1232
Merit: 1011
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October 30, 2014, 09:50:42 PM |
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I love how all the newbies are starting to call 400 after one guy closing his position.
and I am starting to enjoy those bid walls on bitfinex. they kinda remind me of that 30 k buy on bistamp at 300. this time I think we will hit 380.
mucho fun and profit.
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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October 30, 2014, 09:52:14 PM |
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What people overlook is that a price fall from $400 to $200 requires as much doom, gloom, hate, FUD, despair, bear-mania, as the entire fall from $800 to $400. Unless there is a breakdown of the Bitcoin protocol, it becomes exponentially harder for the price to collapse downward. There is a floor, and maybe $275 was it, and $333 the lowest retrace.
Excellent point. But they don't overlook it, they just choose to present the doomer book talking view instead  |
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ShroomsKit
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October 30, 2014, 10:00:26 PM |
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Good bids @Bitfinex = ppl want to close shorts ASAP ?  Total sum of active swaps 11,784.20 BTC ehh, that´s not so good, it means that all buys(or a lot of them) in fact were actually shorts that have been closed... We had about 18000+ before So, some impatient traders closed their shorts on Bitfinex via rapid market buys rather than slow fishing? I am really mad at them because they triggered my stop order just a few minutes before I could move the stop price lower as I planned. And now I need to figure out my next move instead of simply waiting for a dump party or to get "stopped" by a real rally. I think it could have been better for all of us if this didn't happen the way it did. Aaaw you poor trader losing money. I feel so bad for you guys. It just isn't fair is it? |
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ChartBuddy
Legendary
 Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 30, 2014, 10:00:31 PM |
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grappa_barricata
Full Member
Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
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October 30, 2014, 10:02:04 PM |
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ehm... we got a bit of a situation here
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ShroomsKit
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October 30, 2014, 10:02:51 PM |
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400 dollars by morning?  Obviously it will be nothing but dumps the coming 12 hours till we're back at 330. |
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Davyd05
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October 30, 2014, 10:03:03 PM |
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ehm... we got a bit of a situation here
like 900 coins bought at 346 lol @finex |
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AirFlame
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October 30, 2014, 10:07:17 PM |
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Love BTC manipulation...  |
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keewee
Legendary
Offline
Activity: 1025
Merit: 1000
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October 30, 2014, 10:08:17 PM |
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ehm... we got a bit of a situation here
like 900 coins bought at 346 lol @finex Followed quickly by another 1000, then 500 |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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October 30, 2014, 10:10:16 PM |
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Love BTC manipulation... ...and I give you the much appreciated volume ! legit and strong support at 345! |
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touhonoob
Newbie
Offline
Activity: 42
Merit: 0
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October 30, 2014, 10:10:33 PM |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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October 30, 2014, 10:14:48 PM |
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Huh... finex as a market leader. Margin will kill the market.  why do I see a pattern here? why are the market leaders by default some shady exchanges? mtgox, china, bitfinex just to name some... |
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spooderman
Legendary
Offline
Activity: 1708
Merit: 1047
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October 30, 2014, 10:21:56 PM |
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wtf is a mtgox?
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ShroomsKit
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October 30, 2014, 10:22:48 PM |
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And slowly back to 330. I hope nobody expected anything else.
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spooderman
Legendary
Offline
Activity: 1708
Merit: 1047
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October 30, 2014, 10:26:13 PM |
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shroomsie, you give a wonderful drug a terrible name.
I hope no one has been put off trying shrooms because of your miserable ass.
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SkyValeey
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October 30, 2014, 10:27:05 PM |
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wtf is a mtgox?
Biggest scam ever? |
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fonzie
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October 30, 2014, 10:27:32 PM |
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All i see is good old rational, thoughtful and unemotional trading@Bitfinex! Nothing wrong with that!
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fonzie
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October 30, 2014, 10:31:43 PM |
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Davyd05
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October 30, 2014, 10:32:09 PM |
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and the 1900 coins sold on finex. so confusiiiiiiiingg |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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October 30, 2014, 10:33:32 PM |
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bitfinex went full retard gox.
bitstamp is like, wtf, werent we supposed to test 330?
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