Massive short positions are forming...

[zeroday]

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

My bids are ranged down to $271. Would be insanely happy if some whale eats them all

[pewpew]

You've seen a couple of mine I'm sure. I've opened/closed 40 shorts of this size and only 2 long positions the past 13 days. The real way to get cheap coins isn't buying low, its shorting the whole way down.

Trade  Opened     OpenPrice   Direction  Size    Deposit  Stop     Trail   Limit     Closed      losePrice    Liquidate    FundingCost TradeFee     Profit
 37   2014-10-06 11:XX:XX   341.12506  Sell   0.0250  1.03222   372.12506    -    -   2014-10-07 06:5X:XX   322.60385    user                  0.00000000  0.10236900    0.48961357
  36   2014-10-06 11:XX:XX   343.00175  Sell  0.0500  2.07521   374.00175    -    -   2014-10-07 06:5X:XX   322.60790    user                  0.00000000  0.20580600    1.08415297
  35   2014-10-06 11:XX:XX   337.15309  Sell  0.0300  1.22767   368.15309    -    -   2014-10-07 07:0X:XX   314.95000    user                  0.00000000  0.12175200    0.71305036


Direction    Leverage    ฿/$    Open    Stop    Trail    Limit    Deposit    Size (฿)    Funding Cost    Profit/Loss (฿)    Action    
Sell    10:1    0.03    329.02    360.02          1.19583    9.88290    0.05922    0.04363    
Sell    10:1    0.04    329.26    360.26          1.59430    13.17600    0.07902    0.06799    



SELL SELL SELL  

[zeroday]

SELL SELL SELL BUY BUY BUY repeat

[fewcoins]

SELL SELL SELL BUY BUY BUY repeat

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down! 

[zeroday]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

[fewcoins]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

[redsn0w]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

Me too , I don't think this is a simple market trading ... this is a manipulation from an earlty miner/adopter . ( I'm not sure at 100%).

[fewcoins]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

Me too , I don't think this is a simple market trading ... this is a manipulation from an earlty miner/adopter . ( I'm not sure at 100%).

Trust me this is somebody who just got into the game... Miners have been dumping slowly & very few hold but some do.

[redsn0w]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

Me too , I don't think this is a simple market trading ... this is a manipulation from an earlty miner/adopter . ( I'm not sure at 100%).

Trust me this is somebody who just got into the game... Miners have been dumping slowly & very few hold but some do.

Early miner is like saying  early adopters , only  a couple of them can do this .

[fewcoins]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

Me too , I don't think this is a simple market trading ... this is a manipulation from an earlty miner/adopter . ( I'm not sure at 100%).

Trust me this is somebody who just got into the game... Miners have been dumping slowly & very few hold but some do.

Early miner is like saying  early adopters , only  a couple of them can do this .

Anyone with a few million dollars can do this again & again & again!

[adud]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

ATH from the last bubble should not be considered real value (at least not at the time it happened), that also had elements of manipulation.  Don't get me wrong, I don't like shorting, but all those shorts have to be closed at some point.  When the price finally starts going up they will have to close and as a result it will move faster

Long term trend is up, protocol is working, this is just the beginning.  It just takes nerves and patience, like raising a child.
The difference is, it will not give the same returns in the same amount of time that those lucky very early adopters had.

[fewcoins]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

ATH from the last bubble should not be considered real value (at least not at the time it happened), that also had elements of manipulation.  Don't get me wrong, I don't like shorting, but all those shorts have to be closed at some point.  When the price finally starts going up they will have to close and as a result it will move faster

Long term trend is up, protocol is working, this is just the beginning.  It just takes nerves and patience, like raising a child.
The difference is, it will not give the same returns in the same amount of time that those lucky very early adopters had.

Everything you said is correct & great! But when you said long term trend is up....... wtf???

[adud]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

ATH from the last bubble should not be considered real value (at least not at the time it happened), that also had elements of manipulation.  Don't get me wrong, I don't like shorting, but all those shorts have to be closed at some point.  When the price finally starts going up they will have to close and as a result it will move faster

Long term trend is up, protocol is working, this is just the beginning.  It just takes nerves and patience, like raising a child.
The difference is, it will not give the same returns in the same amount of time that those lucky very early adopters had.

Everything you said is correct & great! But when you said long term trend is up....... wtf???

What I meant was we will have a new ATH sooner or later, preferably sooner.

[zeroday]

Everything you said is correct & great! But when you said long term trend is up....... wtf???

You know this too, but you cannot agree on public as you are (leverage?) shorting now
Just give it up because big traders never make decisions judging by the opinions on this forum. Don't worry, we will see big tasty dips soon and we will take our profit from them. Just don't try catching tops or bottoms.

[fewcoins]

Only because these horrible manipulators are driving the price down... Obviously we need to join them just so we don't lose all our funds on the way down/up/down/up/down/up!  >

ftfy


BTW, these manipulations have a name - market trading

Um no BTC didn't just lose over 70% of its value because of just market trading... Lets be serious here

ATH from the last bubble should not be considered real value (at least not at the time it happened), that also had elements of manipulation.  Don't get me wrong, I don't like shorting, but all those shorts have to be closed at some point.  When the price finally starts going up they will have to close and as a result it will move faster

Long term trend is up, protocol is working, this is just the beginning.  It just takes nerves and patience, like raising a child.
The difference is, it will not give the same returns in the same amount of time that those lucky very early adopters had.

Everything you said is correct & great! But when you said long term trend is up....... wtf???

What I meant was we will have a new ATH sooner or later, preferably sooner.

I doubt this, since the current all time high was created by the mt gox willy bot... I don't think we can see an advancement that big until a stick of gum is $10

Everything you said is correct & great! But when you said long term trend is up....... wtf???

You know this too, but you cannot agree on public as you are (leverage?) shorting now
Just give it up because big traders never make decisions judging by the opinions on this forum. Don't worry, we will see big tasty dips soon and we will take our profit from them. Just don't try catching tops or bottoms.

That's right we need to forget about bottoms and tops! But overall you can't deny BTC has been in a downtrend since it hit that $1,200 mark

[zeroday]

I doubt this, since the current all time high was created by the mt gox willy bot... I don't think we can see an advancement that big until a stick of gum is $10

This statement is wrong. I remember those days and price was pushed by Chinese exchanges. Willy Bot was working on MtGox only and its pressure was insignificant.

That's right we need to forget about bottoms and tops! But overall you can't deny BTC has been in a downtrend since it hit that $1,200 mark

Downtrends follow all the bubbles. The same happened in 2011 and 2013 and all of them were recovered.

[fewcoins]

I doubt this, since the current all time high was created by the mt gox willy bot... I don't think we can see an advancement that big until a stick of gum is $10

This statement is wrong. I remember those days and price was pushed by Chinese exchanges. Willy Bot was working on MtGox only and its pressure was insignificant.

That's right we need to forget about bottoms and tops! But overall you can't deny BTC has been in a downtrend since it hit that $1,200 mark

Downtrends follow all the bubbles. The same happened in 2011 and 2013 and all of them were recovered.

Lmfao why are you in denial... Mt gox was always 100-180$ above the other exchanges because it was "purchasing" bitcoin from many different addresses who all purchased approx. $2.5m in all purchases. Blatant manipulation, look it up man. Downtrends follow all bubbles yes, but notice nobody says a bubble follows a downtrend, because its RARE

[fewcoins]

Still can't breakt this downward trend... should be some nice bull action if we pass 331!

[hopefull]

Friday will be a big sell day, that's when people can sell the coins bought cheap this past weekend on Coinbase,  they are available Friday by end of day. There were so many coins bought Sunday through Coinbase that they ran out of coins to sell.

[zeroday]

Lmfao why are you in denial... Mt gox was always 100-180$ above the other exchanges because it was "purchasing" bitcoin from many different addresses who all purchased approx. $2.5m in all purchases. Blatant manipulation, look it up man. Downtrends follow all bubbles yes, but notice nobody says a bubble follows a downtrend, because its RARE

Since summer 2013 almost everyone realized that Gox is playing with non-existing coins and only idiots continued trading with them.. Just to lose everything.
I'm not sure if we have bubble soon, but now chances to stay above $300 are much higher than before. Even if we don't have a bubble this or the next year, price may at least keep its level with slight grow due to natural adoption.