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Author Topic: ASK price > BID  (Read 1251 times)
fewcoins (OP)
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November 12, 2014, 03:30:35 PM
 #1

Right now the amount of bitcoin for sale ( on the ASK side of the exchange ) is larger than the BID side ( people willing to buy )
Everytime we see this we get huge declines... Not a good sign for short term. Short interest is now back near 65% which is the level is was before we took a dip near 300.

Hold onto your socks folks! The Amount of sellers is now over the amount of buyers  Shocked
fabrizio123
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November 12, 2014, 03:35:18 PM
 #2

Definition of hidden horder:
https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Forders%2Fhidden.php
Take a look
kwukduck
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November 12, 2014, 03:56:20 PM
 #3

Where are you looking? On Bitstamp it's the exact opposite, at least visible orders...

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
podyx
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November 12, 2014, 10:04:19 PM
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fewcoins are back to spreading FUD

who could of guessed? Smiley
sgbett
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November 12, 2014, 10:10:01 PM
 #5

Right now the amount of bitcoin for sale ( on the ASK side of the exchange ) is larger than the BID side ( people willing to buy )
Everytime we see this we get huge declines... Not a good sign for short term. Short interest is now back near 65% which is the level is was before we took a dip near 300.

Hold onto your socks folks! The Amount of sellers is now over the amount of buyers  Shocked

In other words:
We are now testing how strong the resistance at $400 is... We can barely pass it looks like & so far we made one bounce off of it

How high do you guys think this rally will go? Last time 400 was the tipping point and we went right back near 300.. Will it happen again?  Huh

In other words:
I am all out at 383, I do not see 400 coming on this no volume dead cat bounce... I am looking to open shorts soon

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
Muscleminer
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November 13, 2014, 08:07:21 AM
 #6

it is all god in bitstamp
fewcoins (OP)
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November 13, 2014, 05:18:17 PM
 #7

Right now the amount of bitcoin for sale ( on the ASK side of the exchange ) is larger than the BID side ( people willing to buy )
Everytime we see this we get huge declines... Not a good sign for short term. Short interest is now back near 65% which is the level is was before we took a dip near 300.

Hold onto your socks folks! The Amount of sellers is now over the amount of buyers  Shocked

In other words:
We are now testing how strong the resistance at $400 is... We can barely pass it looks like & so far we made one bounce off of it

How high do you guys think this rally will go? Last time 400 was the tipping point and we went right back near 300.. Will it happen again?  Huh

In other words:
I am all out at 383, I do not see 400 coming on this no volume dead cat bounce... I am looking to open shorts soon


My shorts are now all opened since we got near 480 on my exchange! I see the down fall coming already, I will be looking into how far this correction will go
dontCAREhair
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November 13, 2014, 05:33:11 PM
 #8

Right now the amount of bitcoin for sale ( on the ASK side of the exchange ) is larger than the BID side ( people willing to buy )
Everytime we see this we get huge declines... Not a good sign for short term. Short interest is now back near 65% which is the level is was before we took a dip near 300.

Hold onto your socks folks! The Amount of sellers is now over the amount of buyers  Shocked

In other words:
We are now testing how strong the resistance at $400 is... We can barely pass it looks like & so far we made one bounce off of it

How high do you guys think this rally will go? Last time 400 was the tipping point and we went right back near 300.. Will it happen again?  Huh

In other words:
I am all out at 383, I do not see 400 coming on this no volume dead cat bounce... I am looking to open shorts soon


My shorts are now all opened since we got near 480 on my exchange! I see the down fall coming already, I will be looking into how far this correction will go
It generally is not a good idea to attempt to bet against the trend as trends can last a long time and have momentum.
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