Kontridder (OP)
Member
 Offline
Activity: 70
Merit: 10
|
 |
November 06, 2014, 06:12:56 PM |
|
Bitcoin will be over the news all over the world due the silk road bust.
History will repeats itself.
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
elux
Legendary
Offline
Activity: 1458
Merit: 1006
|
|
November 06, 2014, 06:15:03 PM |
|
We're going to see a new all time high for Bitcoin. On google trends.  |
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
November 06, 2014, 06:20:05 PM |
|
Wouldn't that be a bearish thing though?
|
|
|
|
|
|
Capt Drake
|
|
November 06, 2014, 06:32:19 PM |
|
I'm too lazy to make a reply so I'll just say this;  |
|
|
|
|
wobber
Legendary
Offline
Activity: 1064
Merit: 1001
|
|
November 06, 2014, 06:39:35 PM |
|
Nothing will happen. Price will continue to degrade as usual.
|
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
|
|
|
bronco
Newbie
Offline
Activity: 57
Merit: 0
|
|
November 06, 2014, 11:58:32 PM |
|
$370 by end if this year
|
|
|
|
|
inca
Legendary
Offline
Activity: 1176
Merit: 1000
|
|
November 07, 2014, 12:01:23 AM |
|
Nothing will happen. Price will continue to degrade as usual.
Wrong side the market eh? |
|
|
|
|
|
fewcoins
|
|
November 07, 2014, 02:01:29 AM |
|
and let the short squeezing begin!!! Who else is on board this rocket?! |
|
|
|
|
|
galdur
|
|
November 07, 2014, 02:10:27 AM |
|
30 days change: +5.00% high: 418 low: 317
It is looking pretty healthy at the moment
however long that lasts.
|
|
|
|
Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
|
|
November 07, 2014, 02:42:48 AM |
|
I heard something about silk road on the radio today but no mention of bitcoin or cryptocurrencies. On the biggest sports talk station today, the producer blurted out something about paying for some prank w/ bitcoin cuz nobody could trace it to him, which I thought was a little off the wall.
|
|
|
|
|
Kontridder (OP)
Member
Offline
Activity: 70
Merit: 10
|
|
November 07, 2014, 04:43:37 AM |
|
and let the short squeezing begin!!! Who else is on board this rocket?! what is a squeeze ? |
|
|
|
|
RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
|
|
November 07, 2014, 04:45:20 AM |
|
and let the short squeezing begin!!! Who else is on board this rocket?! what is a squeeze ? Say you were short on margin and your forced liquidation price was at $349.8 on BFX. You would be liquidated (short squeeze(ed) ) This also works in the other direction. |
|
|
|
Kontridder (OP)
Member
Offline
Activity: 70
Merit: 10
|
|
November 07, 2014, 05:01:09 AM |
|
and let the short squeezing begin!!! Who else is on board this rocket?! what is a squeeze ? Say you were short on margin and your forced liquidation price was at $349.8 on BFX. You would be liquidated (short squeeze(ed) ) This also works in the other direction. Whats a margin? (I don't get it srsly..) plz use easy words |
|
|
|
|
|
galdur
|
|
November 07, 2014, 05:12:30 AM |
|
Short squeeze.
Being caught short.
A heavily short sold stock (or coin) moves sharply higher
forcing short sellers to cover their positions, in turn adding
to the upward pressure squeezing more and more short
sellers and so on.
|
|
|
|
1echo
Sr. Member
Offline
Activity: 280
Merit: 250
scams hunter!
|
|
November 07, 2014, 05:19:49 AM |
|
lets get 400 back again
|
|
|
|
lyth0s
Legendary
Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
|
|
November 07, 2014, 05:20:27 AM |
|
and let the short squeezing begin!!! Who else is on board this rocket?! what is a squeeze ? Say you were short on margin and your forced liquidation price was at $349.8 on BFX. You would be liquidated (short squeeze(ed) ) This also works in the other direction. Whats a margin? (I don't get it srsly..) plz use easy words To short something on a margin is to use other people's money to sell bitcoin. So you borrow bitcoin from someone at the current price (lets say $350) and you sell THEIR coin. Now when price drops lets say to $340 you buy the coin back and give that person their coin back and now you made $10. A lot of people short on a margin. Margin means they borrowed that coin/money. So if they short bitcoin and then the price goes UP they will quickly be in debt...so before they go in debt the exchange FORCES that person to buy back that coin (now at a higher price since market went up) and the person that started the short now LOST money. When people have shorts on a margin, and then someone makes the bitcoin price go up, that is called a squeeze. I tried to simply this as much as I could, so its not a perfect explanation. |
|
|
|
|
galdur
|
|
November 07, 2014, 05:28:08 AM |
|
Lending bitcoin has experienced explosive growth this year
as we know. And as we also know; borrowing bitcoin to dump
and buy back cheaper later has simultaneously been pretty
much a 100% sure thing.
|
|
|
|
|
log2exp
|
|
November 07, 2014, 05:33:14 AM |
|
There's no such thing as bad publicity.
|
|
|
|
|
Kontridder (OP)
Member
Offline
Activity: 70
Merit: 10
|
|
November 07, 2014, 05:39:35 AM |
|
sounds great , where can I borrow bitcoin?
|
|
|
|
|
|
galdur
|
|
November 07, 2014, 05:42:46 AM |
|
sounds great , where can I borrow bitcoin?
It may be too late now. But chances are actually excellent that people who have constantly been whining about the sagging BTC price have at the same time been busy lending BTC to shortsellers. Of course the borrowers didn´t mention selling, it was probably all supposed to be for mining or other such noble purposes. |
|
|
|
|
