Dotto (OP)
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Activity: 981
Merit: 1005
No maps for these territories
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April 01, 2014, 08:21:14 AM |
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spiderbrain
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Activity: 889
Merit: 1013
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April 01, 2014, 09:16:09 AM |
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Only 18.7k to $1000 on stamp!  |
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 01, 2014, 09:22:25 AM |
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now $486 @ stamp nice shooting star on the 4-hour scale too |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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MatTheCat
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April 01, 2014, 09:25:22 AM |
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now $486 @ stamp nice shooting star on the 4-hour scale too What is a 'shooting star'? |
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 01, 2014, 09:32:47 AM |
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now $486 @ stamp nice shooting star on the 4-hour scale too What is a 'shooting star'?  https://i.imgur.com/ZYBbF9X.pngthis type of candle often forms in response to price behavior that is an over-extension. |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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cosmofly
Full Member
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Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
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April 01, 2014, 09:38:54 AM |
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Bull trap
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Broseph Stalin
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Activity: 65
Merit: 10
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April 01, 2014, 09:40:33 AM |
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Just a whale April fools joke. "Let's trick them into thinking it's a rally!"
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Zule
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Activity: 84
Merit: 10
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April 01, 2014, 09:40:45 AM |
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raskul
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April 01, 2014, 09:42:09 AM |
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Rallies don't create long term highs. it's just simple market manipulation and is not sustainable.
markets are reactive and can be controlled for short ups, but long term highs don't come from rallies.
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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MatTheCat
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April 01, 2014, 09:42:43 AM |
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Bull trap
Oh fuck yeah...that! That was on Bitfinex...Bitcoin was already at heights of a very steep spike at around $498 and some nutter came long with a 1009 BTC market order on Bitfinex, which took price right up to 509! 2 seconds later we were back at $500 with a bit of panic buying going on......now at $485. Who are these people and how come such fkn clowns have access to so much capital? (early adopting kool aid merchants?) |
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raskul
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April 01, 2014, 09:45:33 AM |
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Bull trap
Oh fuck yeah...that! That was on Bitfinex...Bitcoin was already at heights of a very steep spike at around $498 and some nutter came long with a 1009 BTC market order on Bitfinex, which took price right up to 509! 2 seconds later we were back at $500 with a bit of panic buying going on......now at $485. Who are these people and how come such fkn clowns have access to so much capital? (early adopting kool aid merchants?) farms |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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600watt
Legendary
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Activity: 2338
Merit: 2106
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April 01, 2014, 09:47:54 AM |
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Bull trap
Oh fuck yeah...that! That was on Bitfinex...Bitcoin was already at heights of a very steep spike at around $498 and some nutter came long with a 1009 BTC market order on Bitfinex, which took price right up to 509! 2 seconds later we were back at $500 with a bit of panic buying going on......now at $485. Who are these people and how come such fkn clowns have access to so much capital? (early adopting kool aid merchants?) the euro-lotto stash it at € 56 mio currently. i got a ticket. if i win i swear i put a 20 mio market order on stamp and boy let´s see what that will do  |
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raskul
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April 01, 2014, 09:50:09 AM |
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you asked who it is has so many coins. it is likely to be the big farms. remember : bitcoin miners are not stock traders. don't expect stable ups on the back of big farmers tactics. They are just as likely to cause a crash as they are a peak. |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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anu
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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April 01, 2014, 09:51:07 AM |
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Bull trap
Oh fuck yeah...that! That was on Bitfinex...Bitcoin was already at heights of a very steep spike at around $498 and some nutter came long with a 1009 BTC market order on Bitfinex, which took price right up to 509! 2 seconds later we were back at $500 with a bit of panic buying going on......now at $485. Who are these people and how come such fkn clowns have access to so much capital? (early adopting kool aid merchants?) Disgusting. We should petition the Exchanges that the Taker pays the fee. |
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romerun
Legendary
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Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
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April 01, 2014, 09:51:30 AM |
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30 points swing YAWN,
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 01, 2014, 09:58:48 AM |
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wouldn't it be just hilarious if the downward correction to this bulltrap gathered enough momentum to crash through the previous low?  |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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MatTheCat
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April 01, 2014, 10:17:03 AM |
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Disgusting. We should petition the Exchanges that the Taker pays the fee.
Not the point I was making. Right now, our 'market maker' friend is around $30K down on his investment. i.e. if he wanted to invest that kind of money into Bitcoin, his timing couldn't have been worse. Counter productive to the market and the value of his own investment even. Which begs the question, how come he has $500K USD at his disposal to begin with. 'Farms', Raskul said, I disagree. This was on Bitfinex and was most likely a leveraged long trade, which would mean that this investor must surely be feeling a lot of pain right now as well as the others who bought $490+ and decided to hold, despite being at the very tip of Wave 5 of a clear EW formation from the $436 bottom. wouldn't it be just hilarious if the downward correction to this bulltrap gathered enough momentum to crash through the previous low? I actually fancied an upswing to lower/mid $500s, but never took the long trade as I am scared of China. Right now, there is a massive arbitraging opportunity available to those who are well connected enough. If I had access to Huobi, OKCoin etc, I would be taking that arb opportunity up right about now, which is why I shall never go long when a $20-$30 price differential exists between CNY and USD exchanges. I have seen it happen quite often recently...Bitcoin seems to be quietly consolidating and then BOOM! Along come a couple of 1K sell orders that are smashed into Ask wall with no warning whatsover. The 1 minute charts best demonstrate this activity. |
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