Massive short positions are forming...

[fewcoins]

I have been watching the exchanges since last night & I notice everytime it gets past 330 it quickly get shot down with huge <BTC100 orders. Now that margin accounts and shorting exist it seems people are betting even more coins than they have, that the btc price will continue to go down. Maybe someone with a lot of coins keep building a short order like he did at $300 with that huge BTC30k wall??? Im sending out a nice tip to whoever can help me find out who is causing this

[1714693581]

1714693581

[redsn0w]

I have been watching the exchanges since last night & I notice everytime it gets past 330 it quickly get shot down with huge <BTC100 orders. Now that margin accounts and shorting exist it seems people are betting even more coins than they have, that the btc price will continue to go down. Maybe someone with a lot of coins keep building a short order like he did at $300 with that huge BTC30k wall??? Im sending out a nice tip to whoever can help me find out who is causing this

At the moment I think there is only an high manipulation  so be careful when you buy some btc . 

[zeroday]

OP, I know you are shorting. But, who cares?

Recent manipulatuon was so blatant that nobody will shit their pants when someone dumps insane amounts.

 If some dumb whale dumps 50k coins and eats all the asks, it would not mean that "bitcoin is dead", it will mean only cheap coins for us.

[fewcoins]

I have been watching the exchanges since last night & I notice everytime it gets past 330 it quickly get shot down with huge <BTC100 orders. Now that margin accounts and shorting exist it seems people are betting even more coins than they have, that the btc price will continue to go down. Maybe someone with a lot of coins keep building a short order like he did at $300 with that huge BTC30k wall??? Im sending out a nice tip to whoever can help me find out who is causing this

At the moment I think there is only an high manipulation  so be careful when you buy some btc . 

Very true... My neighbor was so excited he bought in at 340, Called me hysterical about how it is off to the moon now! I don't get why you guys rush at every dead cat bounce we have. These are all bull traps in case you guys haven't seen this before! This coin is slowly crawling back to the realistic price before anything like mt gox or their willy bot hit the scene

[redsn0w]

OP, I know you are shorting. But, who cares?

Recent manipulatuon was so blatant that nobody will shit their pants when someone dumps insane amounts.

 If some dumb whale dumps 50k coins and eats all the asks, it would not mean that "bitcoin is dead", it will mean only cheap coins for us.

Yes of course , the bitcoin value is dead  but the bitcoin protocol is still working  .  *Personal opinion* I think the bitcoin value ( not price)  was overpriced in the past months  and now it is returning to the origin .

[fewcoins]

Look at the charts... Huge chunks are being shorted every penny above 330. Before it was anything above 340, now its 330, tomorrow's high will be 320, seems like a nice slow bleed down to me. Someone out there is making a massive short order! Remember it has to be covered at some point!!! But when?! 

[madras]

I have been watching the exchanges since last night & I notice everytime it gets past 330 it quickly get shot down with huge <BTC100 orders. Now that margin accounts and shorting exist it seems people are betting even more coins than they have, that the btc price will continue to go down. Maybe someone with a lot of coins keep building a short order like he did at $300 with that huge BTC30k wall??? Im sending out a nice tip to whoever can help me find out who is causing this

We getting lot of news, russia gonna ban bitcoin. Simple logic, all russians exiting BTC. It makes no sense to hold it, when your country bans it.

[inca]

Look at the charts... Huge chunks are being shorted every penny above 330. Before it was anything above 340, now its 330, tomorrow's high will be 320, seems like a nice slow bleed down to me. Someone out there is making a massive short order! Remember it has to be covered at some point!!! But when?! 

Yawn.

[zeroday]

I'm playing too. Bought at 280-315 and now selling at 330+ hoping to rebuy again at 300-320. Will make few coins if I'm lucky.

[fewcoins]

I'm playing too. Bought at 280-315 and now selling at 330+ hoping to rebuy again at 300-320. Will make few coins if I'm lucky.

You def will be able to bro, Look how more short orders are opening at 329 now, just had a huge drop to 325 & its continuing fast.......

[NotLambchop]

...
Yawn.

Yawned @1200.
@1100
@1000
...
@300

Wake up sleepy, it's morning!  And ur muny's gone!


*mourning

[fewcoins]

...
Yawn.

Yawned @1200.
@1100
@1000
...
@300

Wake up sleepy, it's morning!  And ur muny's gone!


*mourning

LMFAO!!! We all need to ride this one out man... I see massive shorts opening up at every pop & right now all pop's are just created by short covering. Seems like all the real buyers are still waiting this one out to see where it's actually going! These little dead cat bounces don't fool us, this coin continues to make lower highs all the way down 

[inca]

LMFAO!!! We all need to ride this one out man... I see massive shorts opening up at every pop & right now all pop's are just created by short covering. Seems like all the real buyers are still waiting this one out to see where it's actually going! These little dead cat bounces don't fool us, this coin continues to make lower highs all the way down 

What is with you lot talking in the third person about yourselves?

So I looked at bitcoinwisdom to see this developing negative momentum and bitfinex is currently at 328.83, stamp at 329. Incredible!

[zeroday]

You def will be able to bro, Look how more short orders are opening at 329 now, just had a huge drop to 325 & its continuing fast.......

Dump it more, babe! I need it below 320!

[derpinheimer]

...
Yawn.

Yawned @1200.
@1100
@1000
...
@300

Wake up sleepy, it's morning!  And ur muny's gone!


*mourning

LMFAO!!! We all need to ride this one out man... I see massive shorts opening up at every pop & right now all pop's are just created by short covering. Seems like all the real buyers are still waiting this one out to see where it's actually going! These little dead cat bounces don't fool us, this coin continues to make lower highs all the way down 

A huge percent of "the real buyers" ate the 30k wall on bitstamp. We'd be well over $350 right now had that wall not existed. It basically offloaded the spring in a delicate fashion leaving us at a confusing point where there isnt enough demand to go up, but no one wants to sell.

[redsn0w]

You def will be able to bro, Look how more short orders are opening at 329 now, just had a huge drop to 325 & its continuing fast.......

Dump it more, babe! I need it below 320!

Ahahah I think that I will buy at 290 $ ( or at least I hope ).  Dump it !

[fewcoins]

...
Yawn.

Yawned @1200.
@1100
@1000
...
@300

Wake up sleepy, it's morning!  And ur muny's gone!


*mourning

LMFAO!!! We all need to ride this one out man... I see massive shorts opening up at every pop & right now all pop's are just created by short covering. Seems like all the real buyers are still waiting this one out to see where it's actually going! These little dead cat bounces don't fool us, this coin continues to make lower highs all the way down 

A huge percent of "the real buyers" ate the 30k wall on bitstamp. We'd be well over $350 right now had that wall not existed. It basically offloaded the spring in a delicate fashion leaving us at a confusing point where there isnt enough demand to go up, but no one wants to sell.

Hence why this price is going no where... Remember that 30k wall was actually a giant short order. This will be reflected in the price later & plus everyone who already went "OMG CHEAP COINZ" has already bought up a lot of them! Now the shorters who covered at 275 have money to play with and have been shorting all the way down from 350.

[derpinheimer]

I dont know why you get the idea it was a short order when 40k coins were transferred to, presumably, bitstamp on the day the 40k coins were sold. It was just a regular sell.

[spazzdla]

Fallin..

Tell your whale to grow some balls and dump 200k coins on the market at $50..

Do it bro, you claim BTC is dying where are your balls? 

[Omikifuse]

It is just a preparation for the weekend dump.

More cheap(or at least cheaper than mid week) coins at the weekend, as usual.

Wondering how big the wall will be this time, and where it will appear this time