All posts made by damiano in Bitcointalk.org's Wall Observer thread



1. Post 2536443 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.06h):

Quote from: Jozzaboy on June 21, 2013, 12:28:48 AM
Bitstamp is in bad shape



what do you mean?

About to drop below 100... Not good. There is an exodus from bitcoins right now. Buy at gox, sell at bitstamp and run it seems.

Honestly if the price drops below 100 is it really worth it? 



2. Post 2546845 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.06h):

Quote from: nmersulypnem on June 22, 2013, 03:29:48 AM
Which is the best alternative to Mt. Gox? Campbx? Reviews?

CampBX liquidity is shit.  I get what they are doing with the dark pools, but it actually just makes it less likely for me to execute a trade when I know most of the orders aren't displayed - and it makes the order book look as though liquidity is even worse that it already is (which is really bad).

I used to use them and gox but prefer bitfinex over both now



3. Post 2685289 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.09h):

Europe going to sleep now..Asia and Aus waking up!

Hopefully something big will happen



4. Post 2730796 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.10h):

Here comes a dump



5. Post 4019861 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.41h):

Anyone care to guess the low?



6. Post 4020198 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.41h):

I've been short since 680 and I need to sleep.  Do you think  it's safe? Huh



7. Post 4020225 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.41h):

Quote from: adamstgBit on December 18, 2013, 05:51:13 AM
570!


WOOT WOOT

i love buying  Cheesy

Do you eve sell? Lol



8. Post 4020379 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.41h):

Quote from: accord01 on December 18, 2013, 06:06:09 AM
This crash is getting ugly like enron!!!!

This shit is gonna be all over the news tomorrow



9. Post 4020489 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.41h):

Quote from: stan.distortion on December 18, 2013, 06:11:45 AM
...
This shit is gonna be all over the news tomorrow

Lol, they're damn quick but not quick enough:
http://www.google.com/hostednews/afp/article/ALeqM5jrxoTwxpxW9ucyyZkULkwvh3UznA?docId=496c0f45-4657-41ae-b8b9-f2767d63dfa9

Lol nice find



10. Post 4020521 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.41h):

Gox@600



11. Post 4020589 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.41h):

Mining gear will really have to come down in price now



12. Post 4025817 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

West coast USA waking up



13. Post 4025874 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: crazy_rabbit on December 18, 2013, 02:09:19 PM
West coast USA waking up

And instead of seeing a tanking bitcoin, they are seeing a rocket they won't want to miss. Fucking me sideways man, this is insane.

Stayed up right to ride m short down to 450 got 2 hrs sleep wok up and went long at 510

Riding it out



14. Post 4026502 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: Rampion on December 18, 2013, 02:56:14 PM
Shorting BTC is the most retarded thing one can do. Who the fuck is so clueless to short an asset that has historically grown multiple hundred % points per year?

Including leverage in the sporting equation is the cherry on the cake. We had a couple of guys bragging about how they were shorting with 5:1 leverage last summer and we know how they ended up: broke in just a few minutes, they couldn't even realize what the fuck was going on.

I just hope that some of the guys that fear Government retaliation already recouped their fiat investment so they can put their mind to rest. It helps. Then you will give zero fucks whatever the price does. This is game is about much more than just fiat profits.

I shorted last night and came out ahead, so I guess im lucky



15. Post 4027209 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

mini rally?



16. Post 4028131 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Anyone think we will break 600 and stay?



17. Post 4028192 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: Nolo on December 18, 2013, 05:01:02 PM
Anyone think we will break 600 and stay?

I do.  Alot of indicators are starting to point at buy.  Will we dip down?  Sure.  But I believe we're in recovery mode now. 

Were slowing oscillating up,  I think were in the clear until China wakes up.  



18. Post 4028221 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: humanitee on December 18, 2013, 05:03:31 PM
Anyone think we will break 600 and stay?

I do.  Alot of indicators are starting to point at buy.  Will we dip down?  Sure.  But I believe we're in recovery mode now. 

Were slowing oscillating up,  I think were in the clear until China wakes up.  

China doesn't matter any more. They will decouple from the market.

To the Moon!!! then



19. Post 4028314 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):




20. Post 4028685 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: adamstgBit on December 18, 2013, 05:37:27 PM
700 in 5 hours.

we can get back to work now

Could be quicker at the rate were moving



21. Post 4028797 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: nmersulypnem on December 18, 2013, 04:28:22 PM
BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.

You have good experience with them?  Good liquidity?

Leverage trading can be bad if you don't know what your doing.  Try it out but with a very small amount.  

I prefer Bitfinex,  they offer 2:1, 2.5:1 & 4:1.  I currently use 4:1, but its very risky.  With the market swings like this its very easy to make money.



22. Post 4029033 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

bear attack



23. Post 4030113 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: granathus on December 18, 2013, 07:30:13 PM
If/when someone unloads in China now, we will go way down...

were already going way down



24. Post 4030799 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

this is slow and painful




25. Post 4031216 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

kinda quiet now..calm before the storm?



26. Post 4032472 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: adsdas on December 18, 2013, 10:30:27 PM
China will wake up soon!!  Shocked Shocked Shocked

6:33 am right now




27. Post 4032687 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Gox is getting hammered right now. Meanwhile on Bitstamp/Bitfinex it's a standoff.



28. Post 4032946 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: gandhibt on December 18, 2013, 10:52:05 PM
market is stable, not overbought/sold and price is creeping up

volume ath was today, isn't that good indicator of bot? maybe it bounces to 800+ and then consolidates somewhere at 600 +/-100

Were in for another sell off




29. Post 4033503 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Anyone care to guess the bottom on this one?



30. Post 4034040 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: BitChick on December 19, 2013, 12:24:34 AM
This week was the perfect storm.  We have a bunch of people that need to cash out for Christmas (I know not everyone celebrates Christmas but I think many do Wink )  couple that with the China fiasco and we have a nice big crash.  Just thankful it was not worse really.

Next week there will be Christmas money flooding in, and a few people that want to buy before the end of the year for whatever reason, (Perhaps because Second Market is giving a discount on fees if they buy in before the end of 2013 for one example)

It will go up before the end of the year.  I have no doubts.



I think you nailed it




31. Post 4036163 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.42h):

Quote from: adamstgBit on December 19, 2013, 03:28:38 AM
Hello people

We going up tonight?

fuck ya china had a 2k wall that was eaten in 1 bite


Watching it crumble was amazing

Fuck china!!



32. Post 4041594 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

So now we go down ?



33. Post 4043502 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

stamp going down now



34. Post 4044026 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Quote from: 11ams on December 19, 2013, 04:24:23 PM
Looks to me, Bitstamp wouldn't have a third of it's traffic if it is not due to Bitfinex leveraged trading.

Bitfinex went down 10 minutes ago for server moving and Bitstamp is suddenly very quiet.

Did Bitfinex give an ETA on how long they were going to be down?

30 mins to hour



35. Post 4044643 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Hmmm


https://bitcointalk.org/index.php?topic=229438.msg4044610#msg4044610

Quote from: TwinWinNerD on December 19, 2013, 05:08:02 PM
No reserve active, both on margin buy and sell.

there is a guy buying everything for the max autoborrow rate of 1%

2    1.0%    7764730.64    1

7 Fking millions!

Elevator going down?



36. Post 4044828 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Quote from: seleme on December 19, 2013, 05:14:40 PM
Hmmm


https://bitcointalk.org/index.php?topic=229438.msg4044610#msg4044610

No reserve active, both on margin buy and sell.

there is a guy buying everything for the max autoborrow rate of 1%

2    1.0%    7764730.64    1

7 Fking millions!

Elevator going down?

That definitely looks like dump is coming. But where do you see that, I can't see that offer.

its been filled then i would assume? or funds are set?

shrug



37. Post 4044938 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Not sure how much this is worth




38. Post 4045190 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Holy walls batman

http://bitcoinity.org/markets/bitfinex/USD



39. Post 4047549 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Looks like the bears are fighting back



40. Post 4048477 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Quote from: TERA on December 19, 2013, 09:11:01 PM
I'm not sure how much longer to hodl. Its only about 10% away from a the main resistance trend except the Chinese situation is much worse than last time it was tested.

what do you mean much worse?



41. Post 4048851 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Quote from: nmersulypnem on December 19, 2013, 09:56:51 PM
FYI.  Bitfinex margin trading is working again.

Party starts now



42. Post 4050034 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Bitstamp and Bitfinex can't seem to break 700

Da wall



43. Post 4050176 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Quote from: gandhibt on December 19, 2013, 11:55:19 PM


Volibear rocks

One of the best gankerz



44. Post 4050459 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

The Great Bear has awoken from his slumber



45. Post 4050541 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Quote from: Dragonkiller on December 20, 2013, 12:27:14 AM
The Great Bear has awoken from his slumber

good morning china  Grin

Welp looks like another sleepless night for me



46. Post 4051811 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Quote from: TERA on December 20, 2013, 01:49:38 AM
Hey guys were up 70% in a bear market rally which follows a dying exchange. Time to buy buy and choo choo to the moon?

I think we're getting ready to go back down



47. Post 4052889 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):

Looks like another failed attempt to break 700 on bitstamp and bitfinex

1050 sell wall now



48. Post 4053004 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.43h):




49. Post 4061390 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

not to impressed with this dump

very weak



50. Post 4061502 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

oooo now its dropping

we going down down? sub 600?



51. Post 4065502 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

Trolling just went to another level



52. Post 4065755 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

Quote from: seleme on December 20, 2013, 11:52:22 PM
Something was behind that action, I feel more is to come.

Lot of buying pressure was taken on eating that wall.


Which means the next push down will be easier



53. Post 4065855 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

Incoming 2nd wave



54. Post 4068446 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

Quote from: TERA on December 21, 2013, 04:43:56 AM
I have a feeling that when I sleep I will wake up and the market will have moved against my position. It happens 2/3 times I sleep. But the solution of not sleeping cannot be sustained any longer.

Do the opposite of your first instinct



55. Post 4068960 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

I wanna see another bitstamp troll wall  Smiley



56. Post 4074376 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.44h):

Sweet just woke up and made a good call on my order last night

Closed my short at 571 with a low 568 on stamp



57. Post 4077083 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.45h):

The slide will continue and I expect a Christmas rally which leads into a bear trap




58. Post 4079296 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.45h):




59. Post 4079548 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.45h):

Quote from: Holliday on December 21, 2013, 10:50:26 PM
Someone in stamp is slowly dumping his coins that it is not affecting the market.

If so... he is dumping his "coin", not "coins" because... no volume.

Unless they are trying to not cause panic just yet Wink



60. Post 4089820 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.45h):

Quote from: mmitech on December 22, 2013, 03:05:38 PM
I am tired of trying to catch the tops and lows Sad , I am all back in BTC, I lost 10% of my stash, but I made allot of profit the last couple of weeks, I am going to stop trading and hold and will not risk again so I wont lose all the profit I made so far.

I was thinking about to cash but then "again" decided to buy back and with for the long term.


Catching top and bottom is pure luck which in sure you know.




61. Post 4090350 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.45h):

Ok guys I am on to something.  I'm doing the opposite of my first instinct which is getting good results.

An hour ago I thought about going long, so I went short instead



62. Post 4142694 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.46h):

Hmm I put up all my btc as a loan at an unfavorable interest rate and it was scooped up within an hour

Incoming crash  Huh



63. Post 4156558 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.46h):

So much for the bears



64. Post 4164209 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.47h):

Past 2 weeks I was bearish, but now I'm bullish. 



65. Post 4173084 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.47h):

slow day



66. Post 4178497 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.47h):

Eh we will be over 800 again in 3 hrs



67. Post 4208076 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.48h):

looks like this choo choo ran out of coal



68. Post 4317559 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.50h):

Sad day to be a bear let alone be caught in a short position



69. Post 4370869 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.52h):

We will be back above 1000 by end of day



70. Post 4372468 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.52h):

Quote from: dave3k on January 07, 2014, 08:10:57 PM
I'm buying (small amounts) now,

everyone is expecting a drop...
generaly means an increase  Tongue

I think the bottom was already hit, but we will see



71. Post 4375133 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

The price is gonna rise and all you weak hands are gonna feel like shit



72. Post 4377372 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Quote from: aminorex on January 08, 2014, 12:34:20 AM
bottom appears to be in, in china.  the buying begins

Hope so

I think we're oversold right now



73. Post 4377851 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Walsoraj on January 08, 2014, 01:17:30 AM
Moved all of my bids in the $10-20 range. I suggest you all do the same.


Keep dreaming



74. Post 4389195 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Davyd05 on January 08, 2014, 12:18:48 PM

read it last night, linked it here as well. Tera felt it was repetition of stuff already mentioned. Others explained to me how the negative commission for market makers worked seems all around interesting. I mean it is not impossible he's just putting on a front. All the while knowing its closing down...but I doubt it will and huobi is the volume holder so it really depends on how they get cracked down upon if a crack down appears.

Will china keep us busy the whole of January? Would've thought China wasnt that importing anymore, but i guess i was wrong.

IMO unless you believe  huobi is faking the volume ( least tinfoil is bots self trading @ 0%) , then it is insane to not take caution noticing they have a 54% of the btc volume. then its btc-e 12.11%, stamp 11.79%, btcchina 7.99%, gox 7.60%.

So yeah it ain't over till the PBOC sing.

Also if its fake volume..then when proven true it would reveal there are less coins in the market then some think.. which would likely cause a price rise.

Is there any real proof of this "fake" volume?  I just don't buy it.



75. Post 4389539 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Bitstamp battle @800



76. Post 4389726 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Ashitank on January 08, 2014, 03:40:39 PM
@ this rate we may be testing 600 lolz

support kicked in



77. Post 4391089 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Quote from: adamstgBit on January 08, 2014, 04:52:25 PM
$840 is a real wall if anyone cares. Feel free to sell into it. Thank you. Smiley
Tongue

ya does feel like we are bottoming and getting  ready for new highs.



we need some of your choo choo pics to bring us up



78. Post 4391470 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Quote from: magicmexican on January 08, 2014, 05:08:41 PM
Meanwhile, we see another dinosaur pattern, ->




We already saw this one before, on Dec 14 ->




welp you made me smile this morning

thanks



79. Post 4414349 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Richard Branson on January 09, 2014, 07:22:50 PM
CHOOOOO-CHOOOOO: OVERSTOCK WENT LIVE !

That is not bullish. Overstock has nothing to do with bitcoin.
They simply use bitpay and accept fiat  Wink

Bitpay sells the coins asap -» Selling pressure

Being able to spend bitcoins is always a good sign.




80. Post 4415419 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.53h):

looks like we have a small rally



81. Post 4421000 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

Quote from: mellowyellow on January 10, 2014, 01:30:17 AM
Lol that stamp dump

Huobi went the other way Smiley

I have no idea which way this will go by tomorrow. Could be anywhere, 50/50 for me for now.

Up !



82. Post 4423426 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

Quote from: Ashitank on January 10, 2014, 05:18:47 AM
time to test support levels is it ?


Yes we're going for a quad bottom



83. Post 4429776 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

Quote from: Ducky1 on January 10, 2014, 02:00:50 PM
Worrying for fiat:

2013 ends with weakest job growth in years
http://money.cnn.com/2014/01/10/news/economy/december-jobs-report/index.html?iid=Lead

While FED is doing this:


= crash coming?


Sucks for US dollar.  Economy etc.

Possibly good news for cryptos



84. Post 4433519 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

Quote from: T.Stuart on January 10, 2014, 05:48:13 PM
I feel a weekend rally coming on.  Smiley

Weekend rally
Monday sell off/testing support again

Rinse repeat



85. Post 4434316 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

Quote from: fluidjax on January 10, 2014, 06:44:02 PM
looks like huobi is first to break out of the channel to the upside.

Its nearly 3am in China.... large volume, its a little suspicious.




The Chinese never sleep



86. Post 4440135 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

CHOO CHOO



87. Post 4440592 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

Eaten or pulled?



88. Post 4457048 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

hmm gox going up



89. Post 4457193 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

big buys



90. Post 4457229 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

1060!! c'mon



91. Post 4457287 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

Quote from: T.Stuart on January 12, 2014, 12:11:22 AM


put a dodgecoin in the upper left

that will get us to 1050



92. Post 4457347 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

big wall on btce :/



93. Post 4457624 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.54h):

looks like this train is running out of steam



94. Post 4477509 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

You think we will test support?



95. Post 4486485 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

I was expecting to wake up below 780

800 looks like its holding



96. Post 4493395 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

Quote from: adamstgBit on January 13, 2014, 09:25:23 PM
822 on btc-e

RALLY!!!!!!!!!!!!!!!!

875 wall @ 820 on stamp says NO!



97. Post 4493546 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

Quote from: adamstgBit on January 13, 2014, 09:35:58 PM
822 on btc-e

RALLY!!!!!!!!!!!!!!!!

875 wall @ 820 on stamp says NO!

its actually saying "OH NOoooooooooooooooooooooooooo!"

 Grin

lol idk

i see some minor technical breaking i scream rally, i can't help it.

wow eaten!



98. Post 4493563 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

SHIT 856 buy order



99. Post 4493885 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

So much for that



100. Post 4499422 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

Quote from: adamstgBit on January 14, 2014, 04:18:32 AM
my prediction we will go to 860 and see minimal buys and selling pressure build, then once its clear we aren't going any higher, we will fall and break the 1 month trend and bottom at 720 701 698.95


Probably this




101. Post 4520752 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

Quote from: ShroomsKit on January 15, 2014, 06:23:57 AM
So how many of you are panic buying back in with a loss? I'm willing to bet quite a few.

I'm glad im not the only one sitting on the side




102. Post 4520860 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

anyways going to sleep...hope I wake up to sub 800 coins



103. Post 4528066 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.55h):

Quote from: BRADLEYPLOOF on January 15, 2014, 04:12:06 PM
Infinite supply on Stamp. Bearish as hell.
Insiders are selling while enthusiasts are buying.



I've confirmed this by sources.  SHOTR if you've already SODL!!!  This is scary!

So if insiders are selling and enthusiasts are buying, the enthusiasts will still continue to profit because they will still be using BTC.  So what if a few pu$$ies want to jump ship.  Let the weak hands run off and let the big boys play.

What if the big boys are jumping ship?



104. Post 4529998 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

Quote from: samson on January 15, 2014, 05:21:59 PM
I wonder if this will affect BTCe

http://www.cryptocoinsnews.com/2014/01/15/breaking-news-russia-may-outlaw-bitcoin-russian-voice/


hmm

china..
russia..

whos next?



105. Post 4530519 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

Quote from: Patel on January 15, 2014, 06:14:31 PM

india and brazil. bric countries against the NWO coin

No offense to India, but I have a handful of friends that live there and I have been told that majority of that country is very poor with a small middle class and a handful of the wealthy.  I don't think the majority would put to much into bitcoins.



106. Post 4531458 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

Quote from: Patel on January 15, 2014, 07:36:53 PM

No offense to India, but I have a handful of friends that live there and I have been told that majority of that country is very poor with a small middle class and a handful of the wealthy.  I don't think the majority would put to much into bitcoins.

India may not have alot of wealth, but the people there cherish gold. Even the poorest people in India keep gold in their hands. The fact that Bitcoin has so many gold-like properties is my reason why I think Bitcoin would do great in India. Although the Indian government might not like it.



I understand, but can they cherish something that isn't tangible?



107. Post 4531798 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

Quote from: Walsoraj on January 15, 2014, 07:56:44 PM
http://www.forbes.com/sites/samanthasharf/2014/01/15/10-one-perspective-on-what-bitcoin-will-be-worth-in-2014/

Quote
Bitcoin began 2013 at $13 a coin, only to ring in 2014 around $800 with worldwide fascination driving the 60-times gain. But according to Boston University Finance Professor Mark Williams the price has really been driven by an influential few. Just 47 people own 29% of all outstanding Bitcoins; 930 own 50%. Another 10,000 folks bring the total owned by the largest coin holders to roughly 75%, leaving a sliver to be split among about 1 million small-change Bitcoiners.

Williams, a former trader and bank examiner for the Federal Reserve, argues that in 2013 the 47 powers coordinated to push prices up. They counted on what economists call Greater Fools. Investors make money when someone is willing to pay a higher price for a security than you did — Greater Fool Theory states that there is always someone willing to pay a higher price. But Williams sees the broader market wising up to Bitcoin’s limitations and taking back control in 2014.

Awesome article. Conclusion? Load up on silly alts before the fools greater than you.

DOGECOIN FTW



108. Post 4532592 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

Looks like it has failed to break out upwards




109. Post 4552008 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

Quote from: kurious on January 16, 2014, 08:39:04 PM
Gox and Stamp fighting back rather firmly, Huobi just under 5k...

Dump fail?


bit to early to say




110. Post 4555714 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

testing 900 gox



111. Post 4559159 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

860-880 gox in next 12 hours and slow slide down.



112. Post 4568152 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

Quote from: deadfi$h on January 17, 2014, 06:32:32 PM
Gox broke support. Very welcome news for me... Now Stamp's turn.


780 wall just went


edit ok now its back




113. Post 4571746 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

looks like someone trying to push the price up on stamp



114. Post 4587301 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.56h):

I've been mining dogeshit for the past few weeks for shits and giggles.

Sold them all this morning when I woke up and saw they were over .0000007

Worth it




115. Post 4623442 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_11.57h):

Who is anticipating a big dump before the end of the month?



116. Post 5354595 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.19h):

Quote from: superbit on February 25, 2014, 06:24:31 AM
Borrowed 60 BTC on bitfinex at $480 a coin, when to buy back?

$400

Don't get greedy

You will regret it



117. Post 5354696 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.19h):

I'm calling 333 low for tonight



118. Post 5809490 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.28h):

Think we will see 400?



119. Post 5931984 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.29h):

mmmm come on 400's!




120. Post 5932146 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.29h):

Quote from: ShroomsKit on March 27, 2014, 02:31:46 PM
mmmm come on 400's!



Huh? Why would you want it to go to the 400's?

Because that's where my orders are



121. Post 5932219 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.29h):

Quote from: adamstgBit on March 27, 2014, 02:39:42 PM
reinforcements are rolling in, we'll be alright.

Its a bit early here on the west coast (7:42 am)

Could be a bit more panic



122. Post 6043586 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.32h):

$300.00 coins coming much sooner than I expected

Not good




123. Post 6112299 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.34h):

With prices as low as they are now and with the possibility of price collapsing further, what incentive is there to even bother mining?




124. Post 6163404 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.35h):

down we go



125. Post 6167239 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.36h):

Bull trap



126. Post 6200862 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_12.37h):

Quote from: aminorex on April 13, 2014, 04:47:42 PM
Volume is incredibly low.  

I just encountered BlackCoin and I think it's a very interesting pump concept.  The coin switched from PoW to PoS.  Now the only way to mine it is indirectly, and to facilitate that, there is a multipool, bcmultipool.com, which mines scrypt alts, dumps for BTC, and buys BC with BTC.  It then pays out in BC.

The effect is that every 20-60 minutes there is a market order for BC.  The BC bid keeps going up.  Also, whatever scrypt is leading the return on difficulty gets dumped.   If enough miners decide to take payouts in BC in this way, BC would then drain the marketcap of all the scrypt coins.

I like this idea, because I think its good for BTC.  It's a layered market, and it reduces the fog of uncertainty regarding competitors by dumping and crushing the value of a large number of trash coins.  Not sure if it is actually an improvement over just switch-mining with BTC payout, though.  I might be.


But surely the fact that the last stage of Blackcoin mining is dumping the BTC, makes it not good for BTC? You get a big BTC dump whenever the blackcoin pools pay out. The more popular blackcoin gets, the bigger the hash, the more alt > btc mined, the bigger the BTC dumps. The value of blackcoin keeps rising, so few are buying straight back in to btc when they get paid. So the net result is more bitcoin getting dumped at current buy order.

I'm mining on blackcoinpool.com with 4.2MH and getting about 0.0034 btc worth or blackcoin a day, which is twice what I've been getting of pure btc on multipools. I also bought 10,000 blackcoin at 9000 satoshi, it's now at 30,000+ :/ I'm very wary of altcoins, but this has been incredible so far.

Oh I am sure that black will add some vol in the short run but srriously do you think anyone will hold the bulk of their wealth in blackcoin, which is completely unusable currency?  90% off black gets turned to btc.  The rest, the dumb money, is turned to fiat via btc.  (Numbers out of a hat.)  In the long run it adds holders, and it weakens all the scamcoins.

Blackcoin will have its use/purpose later.  The addition of coinkite will help.  

I've been a large holder even at its lows and I am blown away by the returns I have

I would also encourage you to buy more, but if your mining on the pool thats good enough



127. Post 10159967 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.49h):

Train ran out of coal?  Cry



128. Post 10164142 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.49h):

Glad I opened up a long at 189 yesterday



129. Post 10164215 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.49h):




130. Post 10181808 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.50h):

Quote from: colour on January 16, 2015, 10:16:12 PM
All deposits from people who want to buy the dip should have arrived by now. Buying pressure still seems ridiculously low compared to what we saw after the drop to $275 last year. I'm expecting another large drop this weekend. Will probably go short here. Maybe good news revealed during the Miami conference could save us though.

Yeah I was thinking the same thing.  Although I wouldn't be surprised if we see a massive sell off setting up into a bear trap resulting into a massive short squeeze.



131. Post 10199283 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Quote from: Blitz­ on January 18, 2015, 08:44:51 PM


lol

love the altcoins table



132. Post 10200929 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Quote from: ronald98 on January 19, 2015, 12:39:46 AM
troll weather report : usual hate-filled trollers with general overcast outlook of negative nattering nay-bobs.

however drugs, guns, and terrorist talk drying up.

Talk itself seems to be drying up along with the trading volume.

3 day weekend for us so im sure most are out enjoying it



133. Post 10208818 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Support on finex looks good...Not sure how much of it is real, but 11.5k to 190 isn't to shabby



134. Post 10211465 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

looks like the bears dont have much ammo



135. Post 10230434 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Quote from: Blitz­ on January 21, 2015, 05:31:01 PM

Love it when your bullish



136. Post 10231003 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Quote from: ronald98 on January 20, 2015, 06:15:32 PM
Hey  guys , what do you think now ? The bitcoin price will  rise or not ?  I don't know what should I think now... hold or not hold  Cheesy.

Rule one:
Never ask for input on this forum on hodl or sodl.

I can vouch for that. Taking advice from here cost me a load of money.


Did you listen to risto?



137. Post 10231739 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Quote from: Blitz­ on January 21, 2015, 08:10:55 PM
Oh, Shroomsy is back. Just in case, for those who don't know this particular maniac yet:

I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!

None at the moment. Not sure if i will buy back again.  I invest in other things now.

Hilarious



138. Post 10231778 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):




139. Post 10238183 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Ask side to 240 is thin



140. Post 10239034 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.51h):

Giant 2k bid wall on okcoin futures moving around



141. Post 10241455 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Small dumps



142. Post 10241552 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Quote from: cheekychap on January 23, 2015, 11:03:18 PM
Small dumps
Which is usually followed by people pissing their pants and than bigger dumps.

Or a bear trap in he making



143. Post 10243524 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Wonder how long 230 will hold..



144. Post 10249224 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

 250 going down? 



145. Post 10256297 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Quote from: podyx on January 25, 2015, 04:31:28 PM
Good morning Bitcoinland. Still in the $250 range, I see.

Looks like $240 is holding strong for now. We didn't seem to lose yesterday's modest gains overnight.

Not bad for a weekend.

Mmmm, coffee.   Smiley

I say bitcoin will hit $280, then drops to sub $100 quickly


bearish wedge says true.

You mean this?



I don't think it's too much of a worry
I still think we gonna see a retrace somewhere between 285-315 though


Around the 285 mark is more realalistic unless more positive news comes out.  Either way we're heading up



146. Post 10257167 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

12-14 hrs till my cash deposits!



147. Post 10257954 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

last haggis posting we went up like 10-14!  Hopefully same happeneds now



148. Post 10259258 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Back into $250!




149. Post 10259443 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Quote from: elasticband on January 25, 2015, 10:09:10 PM
Rise haggis rise my little haggis


Haggis pwr!



150. Post 10259500 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Okcoin futures lagging behind  Huh



151. Post 10259622 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Quote from: JimboToronto on January 25, 2015, 10:30:06 PM
I'm not sure about the haggis but this little rise is offal nice.

 Wink


Trust me it's the haggis

 Grin



152. Post 10259693 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Quote from: BayAreaCoins on January 25, 2015, 10:39:13 PM
Okcoin futures lagging behind  Huh

Not many shits given about Coinbase doing anything further with BTC.

They are all about tracking and other odds n ends that I don't support.

(Proud Libtard here Smiley)

Well it does open the doors to a lot of people in the US that don't feel comfortable wiring fiat to bitstamp or btce.  

Never less it's bullish and good to be long Smiley



153. Post 10260690 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Haggis!



154. Post 10260819 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.52h):

Dam SEPA transfers haven't even cleared yet



155. Post 10261826 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

I'm so shocked, I've never pulled a profit on leverage like this before



156. Post 10261946 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: dreamspark on January 26, 2015, 03:23:58 AM
I'm so shocked, I've never pulled a profit on leverage like this before

Yeah I'm tempted to take some profit here. Not bad going for just over 24 hours work.



Nice

I'm up a shitload

Went in at 230 20x leverage  out at 254 back in at 246 still holding controlling about 800 contracts.

There is another guy here who got in sub 200 with 3k contracts 20:1.  He must be in heaven.



157. Post 10261963 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: ImI on January 26, 2015, 03:40:48 AM
I'm so shocked, I've never pulled a profit on leverage like this before

Yeah I'm tempted to take some profit here. Not bad going for just over 24 hours work.



Nice

I'm up a shitload

Went in at 230 20x leverage  out at 254 back in at 246 still holding controlling about 800 contracts.

There is another guy here who got in sub 200 with 3k contracts 20:1.  He must be in heaven.

trading at bitfinex?

Okcoin



158. Post 10262009 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: dreamspark on January 26, 2015, 03:43:27 AM
I'm so shocked, I've never pulled a profit on leverage like this before

Yeah I'm tempted to take some profit here. Not bad going for just over 24 hours work.



Nice

I'm up a shitload

Went in at 230 20x leverage  out at 254 back in at 246 still holding controlling about 800 contracts.

There is another guy here who got in sub 200 with 3k contracts 20:1.  He must be in heaven.

Well played. 20x just scares the shit out of me tbh. Some of the chats in IRC are just full of people being wrecked trading 20x.

 Nice if he's still holding them  Grin



Yeah I've learned to use the stop limit, I just don't know if the limits I've been setting are appropriate but they seem to be working.   I've been saved a lot with this auto margin feature by keeping extra btc available on the platform.



159. Post 10262021 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: jaberwock on January 26, 2015, 03:46:58 AM
I'm so shocked, I've never pulled a profit on leverage like this before

what are the requisites to do leverage trading on finex?

Open trading account and deposit, but finex margin is I believe 3:1.  I used to trade there a long time ago she. It was much higher.

I like okcoin for the 20:1 leverage and its iOS app.  



160. Post 10262102 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: jaberwock on January 26, 2015, 03:57:57 AM
I'm so shocked, I've never pulled a profit on leverage like this before

what are the requisites to do leverage trading on finex?

Open trading account and deposit, but finex margin is I believe 3:1.  I used to trade there a long time ago she. It was much higher.

I like okcoin for the 20:1 leverage and its iOS app.  

no need to provid ID's or things that confirm I can pay what I borrow or provide collateral

Huh

You don't need I'd for leverage, you borrow 3x your deposit and pay daily interest on the borrowed amount



161. Post 10262189 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Closed my position at 292



162. Post 10262868 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: coinableS on January 26, 2015, 04:16:38 AM
Closed my position at 292

Yup looks like others are doing the same. Price is stagnating while longs take their profit. All we've been seeing is current traders trading and taking leverage, the real pump will be when the new money starts coming in which should happen after this coinbase announcement goes mainstream. This week should be very interesting Smiley

I saw the stagnation as well and I figured there would of been a dump sooner than later so I exited.

I jumped back in at 281 which I feel is ok. 



163. Post 10267657 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: strawbs on January 26, 2015, 03:38:56 PM
I think last night's pump was simply caused by some people buying based on the Coinbase news, expecting it to cause a bull run, without realising that everyone else already knew about it ages ago, so the price was already factored in. Now the price is simply correcting itself back to yesterday's price c.250.

yeah around there 245-255




164. Post 10267958 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Plazma on January 26, 2015, 03:57:07 PM
It loks like a bear trap to me.

?



165. Post 10267979 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

its going to be pretty fucked up if we're over or close to 300 by end of day



166. Post 10268402 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Morecoin Freeman on January 26, 2015, 04:13:32 PM
its going to be pretty fucked up if we're over or close to 300 by end of day

Overbought now, EMA is at $257
Yea still going down. Lips sealed

If they dump another 8k it will take us to about 250



167. Post 10268729 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: LFC_Bitcoin on January 26, 2015, 04:57:55 PM
Do we have to wait another year for those 10$ coins?

Personally i have a lot of patience. I will buy those $10 coins from you when you will finally capitulate from all the fear and from the realization that Bitcoin was nothing but a pump and dump overpriced trash. Don't worry, though. I will sell them again at $15 on what will be the last trade with this ridiculous ponzi scheme. I can definitely see a better currency replacing Bitcoin in the future.

Why don't you go & find a coin to invest in?

Just ignore him



168. Post 10268736 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Morecoin Freeman on January 26, 2015, 05:05:33 PM
Safe to buy again?

Depends, are you buying on exchange or doing leverage?




169. Post 10268819 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: BayAreaCoins on January 26, 2015, 05:11:42 PM
10.4k contract wall coming up on Okcoin that is about to get rekt.

https://cryptowat.ch/okcoin/btcusd-quarterly-futures/1hr/




Good God if that's a short



170. Post 10268907 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: BayAreaCoins on January 26, 2015, 05:24:38 PM
10.4k contract wall coming up on Okcoin that is about to get rekt.

https://cryptowat.ch/okcoin/btcusd-quarterly-futures/1hr/




Good God if that's a short

God if it is a short we can squeeze the fucking bear shit out of it Cheesy

Just under 8,000 left on that order... it's going to fill one way or the other.

Ek  Grin Grin Grin Grin Grin Grin Grin

I can kill it 1/3 of it,  but I'm all shook up fromthe dumps and my mind is saying NO so I'll jump back in when waters are better.  I got out last night at 292 and I don't want to loose any earned profits



171. Post 10269027 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Sitarow on January 26, 2015, 05:39:16 PM
If we can get topside of 300 again today or tomorrow, that would strike a lot of confidence for people for a bull market

SO true.

Got a couple million usd laying around?  Roll Eyes



172. Post 10269777 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Think we're heading back into the 230's



173. Post 10269852 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: billyjoeallen on January 26, 2015, 06:56:54 PM
Think we're heading back into the 230's

I'm thinking 220s.

I was thinking that as well.  I Think we were at about 215 before the coinbase 75mill news

I'd say 215 -235



174. Post 10270650 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Hmmm have we found support?



175. Post 10270680 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: podyx on January 26, 2015, 08:21:31 PM
Bears are really getting slapped around


It's a bit quiet right now



176. Post 10270797 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Hmm bought back in with 1/3



177. Post 10271384 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: aztecminer on January 26, 2015, 09:28:15 PM
Hmmm have we found support?

Um, no. We are stalling for seven hours so we can get the full Chinese panic from the next big dump.


ATTENTION BEARS - get your bear suits on because the big 'Four Punch Raiders' "Chinese Panic" is tonight in 6 and 1/2 hours countdown.

China wakes up in 3

Edit, it's actually 530am now



178. Post 10271783 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Wish me luck fellas! 

Did something most of you didn't !



179. Post 10272504 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

What's going in on bitfinex?



180. Post 10272600 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: JimboToronto on January 27, 2015, 12:08:06 AM

A very interesting day finally completed (UTC) and a good one

Lots of ups and downs for the traders and a good gain for the holders.





Looks like we're going up.




181. Post 10272796 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: spooderman on January 27, 2015, 12:26:06 AM
I have come to the conclusion that a lot of people in here are not very good at guessing the future.

Everyone expecting to go down so instead we're going up now.

I hope my decision to go long at 268 was the right move.



182. Post 10272840 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Morecoin Freeman on January 27, 2015, 12:38:13 AM
I have come to the conclusion that a lot of people in here are not very good at guessing the future.

Everyone expecting to go down so instead we're going up now.

I hope my decision to go long at 268 was the right move.
Do you have the chart upside down? lol Tongue

I like to gamble Smiley



183. Post 10273496 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

How many of you are currently short?



184. Post 10273771 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Dumps seem to be getting weaker



185. Post 10279990 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Wtf is going on with finex



186. Post 10281288 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: bassclef on January 27, 2015, 07:50:56 PM
The recent "flash-bubble" created by the Coinbase announcement shows that the "West" can lift the price by at least +50 dollars (~250 to ~300) with suitable rumors.

I am assuming that the Chinese did not pay attention to the rumor, as they have not paid attention to other similar news in the past.  I am also assuming that the gentler upward trend that started around 2015-01-15 comes from China,  not from the "West"

I still don't know what caused the mini-bubble that started on 2014-05-20.  If it was created in the West, too, then it would imply that the "West" can pump the price by +200 $/BTC (modulo the possibility that the increment may depend on the starting price level).  

You are aware that a single 3.5 million dollar market order on bitfinex takes the price up to 470 dollars. If big money wants the price to rise, it rises, or falls or whatever they want, and for tiny amounts of cash in wall street terms. There is a limit to what can be shorted (available btc for lending) on Western exchanges, but a single motivated individual (say Tim Draper) could at any moment drive up the price and keep it there.

Imagine if the price was pumped to 400 by a big buy and then a 50 million dollar bid support wall appeared on coinbase.


Whales would never do this as it would benefit us and not them. What they do is scare the price around, stop hunt, pull in the unskilled traders' money and use the increased volatility to take positions. The fake pump to $272 earlier with those upthrust/distribution candles on unusually high volume is a good example. (Thar she blows!) That tells me we are going down before going up.

How low do you think we're headed?



187. Post 10281355 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: bassclef on January 27, 2015, 07:57:32 PM
The recent "flash-bubble" created by the Coinbase announcement shows that the "West" can lift the price by at least +50 dollars (~250 to ~300) with suitable rumors.

I am assuming that the Chinese did not pay attention to the rumor, as they have not paid attention to other similar news in the past.  I am also assuming that the gentler upward trend that started around 2015-01-15 comes from China,  not from the "West"

I still don't know what caused the mini-bubble that started on 2014-05-20.  If it was created in the West, too, then it would imply that the "West" can pump the price by +200 $/BTC (modulo the possibility that the increment may depend on the starting price level).   

You are aware that a single 3.5 million dollar market order on bitfinex takes the price up to 470 dollars. If big money wants the price to rise, it rises, or falls or whatever they want, and for tiny amounts of cash in wall street terms. There is a limit to what can be shorted (available btc for lending) on Western exchanges, but a single motivated individual (say Tim Draper) could at any moment drive up the price and keep it there.

Imagine if the price was pumped to 400 by a big buy and then a 50 million dollar bid support wall appeared on coinbase.


Whales would never do this as it would benefit us and not them. What they do is scare the price around, stop hunt, pull in the unskilled traders' money and use the increased volatility to take positions. The fake pump to $272 earlier with those upthrust/distribution candles on unusually high volume is a good example. (Thar she blows!) That tells me we are going down before going up.

How low do you think we're headed?

$225 if things get panicky. I'll have my short from $300 ready to cover below $250.

I had a short order that opened up this morning at 270 so hopefully it works out.  I'm hoping for 230ish. It at around 245-250 Ill get a little nervous and starting winding the position down



188. Post 10281609 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: kodtycoon on January 27, 2015, 08:32:10 PM
am i the only one who thinks this is going up?

Enlighten us with your reasoning



189. Post 10282585 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.53h):

Quote from: TankHankerous on January 27, 2015, 09:48:01 PM
We are repeatedly having a hard time going lower than 260. 

Hold onto your hats fellers!

It doesn't seem like they are trying to hard.  I wouldn't even call these dumps..more like farts



190. Post 10283690 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: byronbb on January 28, 2015, 12:34:19 AM
A somewhat concerning pattern imo. Large volume hammer candles start an uptrend capped by a inverted hammer to signal downside.



Good catch, but we need to wait, unless time rules don't follow in here



191. Post 10283737 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: kodtycoon on January 28, 2015, 01:06:15 AM
nice try bitfinex and huobi.

but btc-e and  bitstamp are not convinced.

huobi and okcoin dont give a damn lol

I second that. 



192. Post 10284014 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: kodtycoon on January 28, 2015, 01:44:40 AM
think its safe to sleep in btc? :/

Probably not



193. Post 10284095 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: kodtycoon on January 28, 2015, 01:55:49 AM
think its safe to sleep in btc? :/

Probably not

any suggestion for placing a buy order if theres a dip in the next 6 hours? Smiley

I have bids starting at 255 all the way down to 220.  A lot of people are in fiat waiting for it to drop lower.



194. Post 10284166 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: kodtycoon on January 28, 2015, 02:02:10 AM
think its safe to sleep in btc? :/

Probably not

well fuck me... LOL

i just sold cos of you saying that and BOOM.. dumps ahoy.. lol

cheers for that Cheesy

I shorted at 270 again.



195. Post 10284267 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: billyjoeallen on January 28, 2015, 02:18:19 AM
think its safe to sleep in btc? :/

Probably not

any suggestion for placing a buy order if theres a dip in the next 6 hours? Smiley

I have bids starting at 255 all the way down to 220.  A lot of people are in fiat waiting for it to drop lower.

Mine are from $250 down to $220 with some coins and fiat left over for market trades. Already sold the coins I picked up in the 250s at $265.

I just revised my bids starting at 250.  Good call

I think 250 is very possible within the next 2-4 hours



196. Post 10284348 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: medialab101 on January 28, 2015, 02:32:14 AM
Dumps are getting weaker, less panicky...

People got a taste of the moon the other day and are prepared to hold tight for a bit.

I think we are seeing the beginning of the next bull market

This dump was the biggest one today



197. Post 10284411 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: JimboToronto on January 28, 2015, 02:45:03 AM
Dumps are getting weaker, less panicky...

People got a taste of the moon the other day and are prepared to hold tight for a bit.

I think we are seeing the beginning of the next bull market

This dump was the biggest one today

And a bounce back to over $260 was almost immediate.

Yeah that's for sure.  Barely closed my short.  I still think we're heading down, not sure if we will hit into what I want



198. Post 10289745 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: mmitech on January 28, 2015, 03:04:58 PM


Edit: I just realized that the USD swaps may include LTC longs as well.

I think your correct



199. Post 10290303 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: kodtycoon on January 28, 2015, 03:45:57 PM
ok im seeing bullish and bearish sentiment.. why the fuck do you guys have to be so confusing? lol

Here's another one: side-ways.

side ways is fine.. but what happens after side ways is what i want to know Grin


Sideways = bearish



200. Post 10290797 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: derpinheimer on January 28, 2015, 04:54:33 PM


Edit: I just realized that the USD swaps may include LTC longs as well.

I think your correct

Good point. Probably no more than $200,000 of it though, so very insignificant.

Look at the ltc short interest and compare it to btc



201. Post 10291206 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: luckygenough56 on January 28, 2015, 06:01:20 PM
did put some buy orders at 76 dollars

Buying at 76 would be pretty sweet



202. Post 10291659 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: mmitech on January 28, 2015, 06:55:06 PM
OMG, the longs will get squeezed soon, this will be epic.

Very likely  now sub 200

Bears in full control now



203. Post 10292147 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

When's the next wave down you think?



204. Post 10292214 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: findftp on January 28, 2015, 07:51:16 PM
When's the next wave down you think?
Right now Grin
Already sold
Buy orders just above 200

I shorted again at 255.  I just need to figure out where to close it.  They can easily rip through 230 with very little effort

Bids look 1/2 of what they were a few hours ago so this doesn't lookk good at all

I wonder how many longs were squeezed



205. Post 10292723 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Looks like a few more shorts are opening up



206. Post 10293278 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Kiss 230 bye bye



207. Post 10293343 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

So many longs were squeezed out on Okcoin.  Someone lost a 4k contract



208. Post 10293736 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Bulls are definitely standing by



209. Post 10294240 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: drbrock on January 28, 2015, 11:32:37 PM
Are bulls buying again? BFXdata thats total including all exchanges right?



It's just bitfinex



210. Post 10294306 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: aztecminer on January 28, 2015, 11:57:30 PM
But the amount of BTC someone is dumping is amazing

What's amazing about it? Sell high, buy low, classic bear strategy. Rarely fails since November 2013.

I don't see the avalanche effect needed to rebuy at the bottom. It springs back up right when someone stops dumping 1000s of BTC. It's just someone cashing out thousands of BTC that's all. If this was a manipulation attempt (not sure if it's over) it has failed




this is huobi doing the 'chinese panic' dumping bitcoins so they don't end up being the bagholders .

It's early morning there now.  We should see some increased activity within the hour



211. Post 10294443 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: Torque on January 29, 2015, 12:01:03 AM

this is huobi doing the 'chinese panic' dumping bitcoins so they don't end up being the bagholders .

It's early morning there now.  We should see some increased activity within the hour

Really?  'Cause their bots are working 24 hour shifts, no caffeine needed.

Bots with human supervision  Grin



212. Post 10295270 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Looks like the picnic is coming to an end




213. Post 10296497 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Price doesn't want to stay below 230 which is a good sign



214. Post 10300021 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: WeltMaster on January 29, 2015, 03:00:48 PM
It will take more to drop the price by $5 than to increase it by $35..

What the heck is going on

I think a good portion of those bids at fake



215. Post 10300291 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Wow no resistance into 230

Bears sleeping now ?



216. Post 10301292 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: Sitarow on January 29, 2015, 04:13:21 PM
west: pump!!! break it!!!

china: nope


LTC/CNY goes down LTC/BTC Goes up BTC/USD goes down. LTC/CNY goes up to get more people to trade btc for ltc, and keep the LTC/USD price at a target. Then they take the BTC and sell for USD once they hit their target pump.


when LTC/USD is stalled and LTC/BTC Drops then you know bots are selling LTC for BTC and getting ready for a BTC/USD Pump



Edit. For those who may wish to use this layout the id # is 1297

Very interesting

Since we just had a small pump which has stalled, we should be expecting a drop very soon



217. Post 10302294 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Price getting higher than I expectd

Bears gone ?



218. Post 10302382 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: KryptoFoo on January 29, 2015, 06:49:57 PM
Price getting higher than I expectd

Bears gone ?

The chinese panic dump game was getting too easy. Market decided to slap them around a bit. Maybe we can see a bit of chinese panic pump soon.

Unless they are manipulating again to make it appear that way



219. Post 10303328 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: Arpeggio on January 29, 2015, 08:36:18 PM
Crash is imminent. Sorry boys, but it's time leave mama's basements and get real jobs.


Doubt it



220. Post 10303509 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

How long till 240 breaks



221. Post 10303565 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: NotLambchop on January 29, 2015, 09:04:11 PM
OK blls, you had your little reprieve, now let Bitcoin get back to doing what it does best:  Tanking Cool

But we're going up  Grin



222. Post 10303978 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

I'm not looking forward to China waking up



223. Post 10304577 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Chinese should be waking up now.  Wonder what they plan to do



224. Post 10304614 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: diabLEEca on January 29, 2015, 11:02:16 PM
Chinese should be waking up now.  Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear.

I think 1/3 maybe up to 1/2 are fake so we shall see



225. Post 10304636 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: ParabellumLite on January 29, 2015, 11:03:48 PM
Chinese should be waking up now.  Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear.

If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark.

Yep



226. Post 10305504 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Dumps are predictable after lamb posts usually (wether it be large or small)



227. Post 10305883 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.54h):

Quote from: ParabellumLite on January 29, 2015, 11:03:48 PM
Chinese should be waking up now.  Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear.

If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark.


It looks like some bids were either removed or moved lower.  I remember it being about 15k to 210-208, but now it's only almost 13k to 204

Edit:  seems like most support is in the 220 area and after would be a quick drop to 200

Currently a 15k dump would take us to 185



228. Post 10310413 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

How many people fell for the pump to 240 last night?



229. Post 10310700 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: kodtycoon on January 30, 2015, 03:08:45 PM
How many people fell for the pump to 240 last night?

got in @ €200. slept through the pump. :/ im thinking we will break out upwards by latest 9am gmt but probably between ~3-6am.

At this point I feel we're going down.  We will go back up, but short term down.  A lot of people are still hurt from what happened this week.  I will speculate a big drop this weekend when activity is lower (possibly when USA and Canada are sleeping) I think we could see another fake rally up to 240 just as a bull trap so shorts can leverage more.



230. Post 10311344 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Stargazer on January 30, 2015, 03:49:46 PM
How many people fell for the pump to 240 last night?

got in @ €200. slept through the pump. :/ im thinking we will break out upwards by latest 9am gmt but probably between ~3-6am.

At this point I feel we're going down.  We will go back up, but short term down.  A lot of people are still hurt from what happened this week.  I will speculate a big drop this weekend when activity is lower (possibly when USA and Canada are sleeping) I think we could see another fake rally up to 240 just as a bull trap so shorts can leverage more.

Down is the only way you're constantly predicting mr. bear Wink

I'm not a bear per say, but for right now I'm trying to look at it for what it is and based on what has happened.  It does seem like Bulls have been accumulating and I have as well on the dips,but I'm gonna hold off on jumping in all the way



231. Post 10312276 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Malin Keshar on January 30, 2015, 06:16:32 PM
finex lower than Bitstamp?

Something is happening behind the curtains

Leverage



232. Post 10312678 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Tzupy on January 30, 2015, 07:02:35 PM
finex lower than Bitstamp?

Something is happening behind the curtains

Leverage

Longs are down a bit, shorts up a bit. Probably because the recovery is missing in action, and they fear another big dump.

Yesterday there was about 15.8 mill in longs so yeah.  Shorts are really up in comparison



233. Post 10313531 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Seems like 220 is going to hold




234. Post 10314480 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: gotmilk_ on January 30, 2015, 10:28:07 PM
I am thinking of opening an account on bitfinex, unless somebody advises against it, if not would anybody have a referred code for it? thanks

Bitfinex with their inside trading (manipulating).. could be new Gox soon. So yah, deposit only as much as you are willing to risk.

You logic doesn't make sense to me.
Assuming their insider information really helps them to gain an effective advantage and thus continuously make them money then you should assume they want to keep this operation running (as is) as long as possible. Why would you assume they are and will continue to constantly loosing money while trying to exploit their presumed (but technically proven to be ineffective) advantage (assuming they make more losses than profits) or choose to steal everything (thus becoming actual criminals) rather than continuing an already profitable operation (without effective legal problems)?

I think the Gox insider trading (Markus/Willy) was presumed to be a last (failed) attempt to recover funds which had been lost already (due to an earlier hack). But the new theories tend to think otherwise (those bots didn't belong to Karpeles but a [inside or outside] hacker who used them to steal the funds).

Well... they admitted inside trading. They already have a gold mine (fees + lending), so why would they need to destroy they reputation with inside trading? I would say there is something wrong. I did a lot of trading there and I still do, but only with a small % of my coins. Just my thoughts Wink

I will never trade there again.  I use Okcoin now and I like the interface and iOS app.  I prefer trading futures since I can deposit a small amount and get a good trading position.  I'm not a fan of leaving coins on an exchange.. Also the live help is fantastic



235. Post 10314971 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

someone is cleaning up in futures with these $5-6 dollar swings



236. Post 10320446 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Sitarow on January 31, 2015, 02:44:27 PM
We are getting downward  movement on LTC/BTC may be a little early if we break 0.0083 then we will get a BTC/USD rise.

SO pay attention to that volume.

Everyday the Chinese pick a new trading range and today looks like 228-238.  I think it's pretty clear they don't want to fuck with the wall at 222-220 as of yet



237. Post 10321939 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

It would awesome if the wall from 220-224 moved up a bit



238. Post 10322048 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: tarmi on January 31, 2015, 07:11:16 PM
It would awesome if the wall from 220-224 moved up a bit


they will move once we start to eat them.

with love,

bears

Bears have been avoiding that wall for a while



239. Post 10322111 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: GaliX on January 31, 2015, 07:14:27 PM
It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions



240. Post 10322162 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: tarmi on January 31, 2015, 07:26:24 PM
It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions


but we opened our positions in the 300 range.  Roll Eyes

There's plenty that opened up around 228-240 as well.



241. Post 10322179 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: tarmi on January 31, 2015, 07:29:00 PM
It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..

Put pressure on the short positions


but we opened our positions in the 300 range.  Roll Eyes

There's plenty that opened up around 228-240 as well.


2k is plenty these days?

I'm not only speaking of bitfinex.



242. Post 10322227 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

mmmm hedge funds


Quote from: bassclef on January 31, 2015, 07:32:08 PM
http://podcast.runtogold.com/2015/01/btck-128-2015-01-24/

Starting @ 7:00, this is Tony Gallippi of BitPay... The whole podcast is worth a listen, but this part stands out:

Quote from: Tony Gallippi
We manage a treasury of bitcoins, dollars, euros, Canadian [dollars], and pounds. Constantly we're managing our portfolio to make sure we have enough of each currency, so we are always in the markets trading... It's interesting today in the markets, I would say a year ago, or maybe a year and a half ago, the markets did not have enough liquidity. We couldn't have sold a million dollars worth of Bitcoin in a day without dramatically moving the markets. But things have changed. There's a lot more participants now. We can move a million dollars a day and you wouldn't even notice that we're trading just because there's a lot more volume and more buyers and sellers in the market.

We also have a lot of hedge funds that want to accumulate Bitcoin positions, so when we have these huge spikes we also have some off-market opportunities to sell those. You'd be surprised at how many Wall Street firms are starting to accumulate Bitcoin positions that aren't talking about Bitcoin yet. There's a lot going on behind the scenes, as well as some private family wealth funds and things like that.



243. Post 10322874 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Bulls!



244. Post 10323603 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Sigh see you all at 160  Undecided



245. Post 10324054 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: dreamspark on February 01, 2015, 12:28:19 AM
Someone borrowed 4k to dump into that wall on Finex.
Gotta buy em back at some point.

hmm was going to ask for a source but    602.22   Flash Return Rate (current: 0.0176%)   
was at 4900 coins last i seen so someone(s) sure did borrow a ton of coins recently

http://bfxdata.com/swaphistory/totals.php

Longs are down. I think it was like 15,250,xxx 12 hrs ago



246. Post 10324120 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Eamorr on February 01, 2015, 12:37:37 AM


I guess we could always lower the difficulty (again)?

Difficulty won't drop as fast as you think



247. Post 10324129 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: inca on February 01, 2015, 12:39:48 AM
Shorts up another 5k to 19,000. Didnt take long for those to pile on. It is going to take a few more skinnings to make people afraid to short btc.

Almost 20k actually



248. Post 10325621 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

How low can this possibly go?  I'm thinking 160ish



249. Post 10328102 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

This manipulation is priceless and dam good



250. Post 10328373 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Going to be hilarious if we do break 230 and make a run for 240



251. Post 10329168 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: heartastack on February 01, 2015, 08:39:19 PM
Shittiest pump ever.  Suckers clearly have no money left.  Walls pulled Sad

Its just a regular short squeeze manipulation before next wave of dumping, nothing more.

This


I watched the bots push the price up with massive buy orders on Okcoin.  Tons of shorts were made from 229-231.



252. Post 10329693 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Bears getting owned



253. Post 10329848 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: YourMother on February 01, 2015, 09:51:13 PM
Bears getting owned

Your 5 minutes of fame ran out.

Still goin up bro

Mad yet?



254. Post 10330192 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Chinese panic dump in 25 minutes



255. Post 10330231 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Sitarow on February 01, 2015, 10:37:16 PM
Chinese panic dump in 25 minutes

Careful not to get fixated, for you may loose what is important.



I have my orders set Grin



256. Post 10331436 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

This 225-226 to 232-233 is getting old quick.  I'm managing to get 10-12% gains each way.



257. Post 10332035 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: thresher on February 02, 2015, 04:34:43 AM
Well we made it through the night.
Tomorrow's forecast, dumpy with a potential dumpzilla attack.

I think we're gonna be alright. 



258. Post 10337245 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: HarmonLi on February 02, 2015, 05:21:12 PM
You guys sure this is a bull trap? If everyone is sure we're about to go down, Bitcoin tends to do the opposite - we've seen this happening just the other day, if you recall Cheesy

I don't think the drop would be that massive.  They had a difficult time destroying the wall on Saturday.



259. Post 10338899 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: aztecminer on February 02, 2015, 08:25:20 PM
I like to see the LTC/BTC dumping; went sideways for too long. Arise BTC/USD. Popcorn. /eat.





might be more 'chinese panic' flash dumps coming .

We have 2 1/2 hours till then



260. Post 10338976 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: yeponlyone on February 02, 2015, 08:31:24 PM
wonder if it'll stay up (they rarely seem to)

bitfinex wall
[]http://i.imgur.com/Xb5Jcov.png[/img]

that didnt take long to get pulled

almost $2 with 0 bids  Huh



That went fast, false hope = we're going down lower Sad

Just another stunt to push us into the 230's so they can short even more.



261. Post 10340288 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Bull trap?



262. Post 10340357 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Plazma on February 02, 2015, 11:08:03 PM
Bull trap?

Or the bear trap after the bottom at 150 is closing.

I don't know..this is what China does when they wake up, pump then dump   Undecided



263. Post 10340527 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Looks like the dump started



264. Post 10340659 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.55h):

Quote from: Malin Keshar on February 02, 2015, 11:32:58 PM
Looks like the dump started

what dump?

prices are going nowhere but up

I thought that mini dump would of been more.

There will be a retrace I think, still not convinced yet



265. Post 10340835 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Wary on February 03, 2015, 12:00:20 AM
earned 18$ on the bounce  Smiley

I got lucky and shorted 200 contracts at 246

I don't buy this pump



266. Post 10340913 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: billyjoeallen on February 03, 2015, 12:13:45 AM
earned 18$ on the bounce  Smiley

I got lucky and shorted 200 contracts at 246

I don't buy this pump

I don't either but I'm not selling into it because <$250 is just too damn cheap to sell. I'm just hodling with my measly 58 BTC and small pile of fiat until it either goes over $300 or back down sub $220.

Is it bears covering their shorts? New mystery pumpers? Who the hell is buying @ $240 who had almost a week to buy cheaper than that?

That's the magic question  Roll Eyes

Doesn't make sense at all



267. Post 10341191 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Looks like we will break 250 shortly



268. Post 10341231 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: smracer on February 03, 2015, 12:53:45 AM
earned 18$ on the bounce  Smiley

I got lucky and shorted 200 contracts at 246

I don't buy this pump

I hope you closed already.

I did most, keeping a few to let it ride in case



269. Post 10341295 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Ok that was weak.  



270. Post 10341327 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Sitarow on February 03, 2015, 01:06:32 AM
Ok that was weak.  

Just an FYI the dump LTC for BTC target price is 0.008 so try not to sell to fast below that as the asks keep piling up.

Fake buy walls are gone now as well



271. Post 10341705 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: mcplant on February 03, 2015, 02:04:07 AM
we're going down naggers, this is the moment of truth

Steady and slow from what it looks like.

Not sure if we will break into he 220's



272. Post 10347126 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: macsga on February 03, 2015, 04:00:24 PM
^
Thanks, buddy.  And one for you Smiley



Oh so sweet. Said by the man who posts pink unicorns...
We permabulls won this time and you got angry... poor bear...


btc swaps are down as well



273. Post 10347574 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: L0uis on February 03, 2015, 04:47:05 PM
Lambchop works for NSA.

He is paid in btc

Paid or not, but hella motivated Cheesy

This account he has now has gotten further than any of the previous.  Not sure many of you know, but this is his old account

https://bitcointalk.org/index.php?action=profile;u=127503



274. Post 10348094 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: dropt on February 03, 2015, 05:33:32 PM
Lambchop works for NSA.

He is paid in btc

Paid or not, but hella motivated Cheesy

This account he has now has gotten further than any of the previous.  Not sure many of you know, but this is his old account

https://bitcointalk.org/index.php?action=profile;u=127503

I wondered if anyone else was aware that nlc = crumbs.     Wink   And I doubt it ends there.

A year ago he trolled the **** out of the securities forum with crumbs till he was banned, but he loved Mr. Slaughter so much he came back with nlc



275. Post 10348405 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: NotLambchop on February 03, 2015, 06:10:46 PM
...
A year ago he trolled the **** out of the securities forum with crumbs till he was banned, but he loved Mr. Slaughter so much he came back with nlc

Wait, wasn't crumbs the guy who tried to warn you that Mr. Slaughter was not the boss EI ASIC wizard he claimed to be & was going to vanish with your coin?
Or was he the one who tried to stop you from "investing" in Neo Bee, Bitcoins Premiere Bank?
Or was it both, and many more Huh

Did you at least remember to thank him, ingrate?

I initially held 120k at his IPO of .00025 and sold at .00060 when it popped.  I only repurchased 10k when the price fell back below .0002 to let it ride. I'm not in any sort of pain from his mishaps.



276. Post 10349007 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: NotLambchop on February 03, 2015, 07:34:17 PM
For now this is a good price to get in again actually. Smiley

It gets better Smiley


Judging by these swings I'd say we go back up 234-238 before we go below 226



277. Post 10349611 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Longs down $500k now



278. Post 10350030 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: fonzie on February 03, 2015, 08:55:54 PM
Longs down $500k now

$500k down = 20$ USD/BTC down
$14500k left = Huh

Do the math Cheesy

My point was that longs are down from 15.1million this morning. 



279. Post 10350205 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

I highly doubt we will go under 200



280. Post 10350353 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: bassclef on February 03, 2015, 10:11:23 PM
I highly doubt we will go under 200

We bounced off sub $200 with such heavy volume that it will now serve as a huge resistance point. We will need similar volume to break below it, which I highly doubt we will get when looking at the relatively weak volume on the recent dips.

Keep wishing trolls and noobs. I highly doubt you'd be buying that low anyway as the news would be horrible, the buying window would be very small and you'd just get caught up in the panic.

If anything I can see a retest at 209-211, but I don't think the Bears have enough ammo



281. Post 10352578 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Dam trades going slow.. This is boring



282. Post 10357235 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

I like these swings.  I have a great no brainer okcoin strategy while I sleep



283. Post 10358629 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

I don't think that wall is going to move



284. Post 10358690 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: LewiesMan on February 04, 2015, 07:10:43 PM
I don't think that wall is going to move

Why not?

It's a real wall that's going to have to be destroyed



285. Post 10358773 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Walsoraj on February 04, 2015, 07:18:14 PM
http://www.reddit.com/r/Bitcoin/comments/2us50p/psa_bitstamp_bank_is_rejecting_wires/

 Undecided Undecided Undecided

Hopefully it's just an error, but if it isn't shits gonna go south quick



286. Post 10358832 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: LewiesMan on February 04, 2015, 07:33:23 PM
I don't think that wall is going to move

Why not?

It's a real wall that's going to have to be destroyed

I'm thinking something like this... these play out all the time on every timescale. So, no sub $200.



What phase are we at?

I think 5 or 6, but I would refer to bassclef since he is more knowledgeable

Bears simply don't have enough coins to take us to sub 200.  Now if this bitstamp issue is something bigger regarding deposits then it could possibly trigger panic, or people will simply move off the exchange.



287. Post 10358978 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

4900 buy wall at 220 now  Roll Eyes



288. Post 10359837 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Great..most support has been pulled.. Unless it's a bear trap



289. Post 10359873 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: razorramon on February 04, 2015, 09:40:03 PM
Great..most support has been pulled.. Unless it's a bear trap

looks like a test...bears are afraid to sell

I'm more concerned about China when they wake up in 1.5 hrs



290. Post 10360031 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Someone is taking all the btc swaps....



291. Post 10360118 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: bassclef on February 04, 2015, 10:06:28 PM
Someone is taking all the btc swaps....

Let me guess, you're short.


Little long,  I'm on sidelines with 70% atm



292. Post 10360175 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: bassclef on February 04, 2015, 10:10:54 PM
Someone is taking all the btc swaps....

Let me guess, you're short.


Little long,  I'm on sidelines with 70% atm

Nice. Long here too. I trade on larger timeframes so small swings generally don't spook me.

I have a small stash I play with on futures, but it's just my play money I use to try and offset -/+ market conditions



293. Post 10361940 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: bad trader on February 05, 2015, 02:22:52 AM
http://www.reddit.com/r/Bitcoin/comments/2us50p/psa_bitstamp_bank_is_rejecting_wires/

Methinks this is snowball, rolling down a mountain of fail.
It's bad news, so it should push the price up.

Big red dildo coming just for you



294. Post 10362356 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: noobtrader on February 05, 2015, 03:59:25 AM
price pretty flat lately,  Grin

It did the same last night.  It picked up after they dumped which I think was around 10pm pst



295. Post 10362848 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: chriswen on February 05, 2015, 05:19:53 AM
First leg of the dump started.  Looks like we might go down and retest 220.

I'm pretty sure we will go back up to 228-230 which should take about 4-5 hours.  Rinse repeat same bs.

I don't think they will take us below 220 till the weekend.



296. Post 10367280 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

lol no ones dumping and no panic

Stupid bears



297. Post 10369252 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Morecoin Freeman on February 05, 2015, 07:25:31 PM
Anyone else see the huge buy orders and market buys on bitfinex around 215-216? A lot of coins were accumulation there. Like thousands.

Bears playing



298. Post 10369301 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: LewiesMan on February 05, 2015, 07:47:42 PM
I'm out of this shit. May the next drop now begin? Grin Cheesy

I sold at 300, happy I did Smiley

Sold @309. Rebought @228 and missed the exit @~240 Grin

Im sure exit will open again at 230.

Just not sure if it will retest 205 before then.

There will be a mini pump to 230 I am guessing and then a shorting fall to sub 200 Sad

The next time we head to 230 will be a rally. 



299. Post 10369515 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Narken on February 05, 2015, 08:13:04 PM
20k shorts again... I think we are going to see the same squeeze as last time  Wink

where you see that info ?

http://bfxdata.com



300. Post 10370036 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: NotHatinJustTrollin on February 05, 2015, 09:09:03 PM
Bitcoiners, this could be you in a few years:



https://twitter.com/imgur/status/563232496846766080



"A divorcing couple divides their Beanie Baby investment under the supervision of a judge"


What kind of troll are you?  This was already discussed yesterday for pages.

If you wanna make it in here you need to step up your game.



301. Post 10370396 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: bassclef on February 05, 2015, 09:45:13 PM
We get you are short newbie..I wish there would be some follow-through selling for you Smiley

BTW..10,500 coins to 200. 7000 to 246! Rape!

Yes, I am short. But considering there was about 400 to 219 a couple minutes ago, there is now 2200 to 219, and Magic Beanswisdom is down for a few of the exchanges so people can't track the walls... well, those things make me think yes... people on here might want to know.

I see you are long!

I'm long too but I trade on daily candles. Anything below 6h/4h is noise to me. The way I see it we're moving into oversold territory on the oscillators on declining sell volume with narrower candle spreads... the current daily candle has a decent wick pointing downward, indicating that the market absorbed anything in that range... even the 3d candle is turning into a no supply candle, pretty pathetic for bears. I think the markets have simply ground to a halt. Last selloff was meh. Noob/bad trader/gambler shorts have increased to 20k thinking we'll retest $200 when in reality there is almost nobody left to sell. Perfect opportunity for a pump.

The dump this morning looks like a failure.  No panic sells, just the Bears who opened up the shorts.  Today would be a great day to squeeze. 



302. Post 10370456 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: aztecminer on February 05, 2015, 09:53:51 PM
We get you are short newbie..I wish there would be some follow-through selling for you Smiley

BTW..10,500 coins to 200. 7000 to 246! Rape!

Yes, I am short. But considering there was about 400 to 219 a couple minutes ago, there is now 2200 to 219, and Magic Beanswisdom is down for a few of the exchanges so people can't track the walls... well, those things make me think yes... people on here might want to know.

I see you are long!

I'm long too but I trade on daily candles. Anything below 6h/4h is noise to me. The way I see it we're moving into oversold territory on the oscillators on declining sell volume with narrower candle spreads... the current daily candle has a decent wick pointing downward, indicating that the market absorbed anything in that range... even the 3d candle is turning into a no supply candle, pretty pathetic for bears. I think the markets have simply ground to a halt. Last selloff was meh. Noob/bad trader/gambler shorts have increased to 20k thinking we'll retest $200 when in reality there is almost nobody left to sell. Perfect opportunity for a pump.


don't worry when the chinese wake up they will see that big red 'chinese panic' flash dump and they will start the panic mode and huobi will shutdown and and all the chinese will start unloading their bags on the rumor that bitcoin is going to 170.

Is a $10 drop really enough to cause that much panic?



303. Post 10370536 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: inca on February 05, 2015, 10:00:52 PM
We get you are short newbie..I wish there would be some follow-through selling for you Smiley

BTW..10,500 coins to 200. 7000 to 246! Rape!

Yes, I am short. But considering there was about 400 to 219 a couple minutes ago, there is now 2200 to 219, and Magic Beanswisdom is down for a few of the exchanges so people can't track the walls... well, those things make me think yes... people on here might want to know.

I see you are long!

I'm long too but I trade on daily candles. Anything below 6h/4h is noise to me. The way I see it we're moving into oversold territory on the oscillators on declining sell volume with narrower candle spreads... the current daily candle has a decent wick pointing downward, indicating that the market absorbed anything in that range... even the 3d candle is turning into a no supply candle, pretty pathetic for bears. I think the markets have simply ground to a halt. Last selloff was meh. Noob/bad trader/gambler shorts have increased to 20k thinking we'll retest $200 when in reality there is almost nobody left to sell. Perfect opportunity for a pump.


don't worry when the chinese wake up they will see that big red 'chinese panic' flash dump and they will start the panic mode and huobi will shutdown and and all the chinese will start unloading their bags on the rumor that bitcoin is going to 170.

Is a $10 drop really enough to cause that much panic?

The only people panicking are those that dumped 5000 coins on finex hoping the price would fall in a cascade of selling.

In 30 days we have US regulation coming onto statute.

Well there are 2 options I can see

1) dump more coins (a lot more) and try to cause panic
2) accept defeat and close positions and try again at a higher level

Unless the Chinese are not the ones that dumped and the dumper did so hoping when China wakes up they will cause the panic.  Again all for $10 isn't that much.

Anyways China wakes up in 1 hour so we will see



304. Post 10371681 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Looks like Bears are struggling to protect 220

only a matter of time till it gets torn down



305. Post 10372200 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: WeltMaster on February 06, 2015, 02:09:12 AM
$220!




Hmm seems like it's not going to be that easy.

They putting up a fight



306. Post 10372271 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: WeltMaster on February 06, 2015, 02:19:43 AM
$220!




Hmm seems like it's not going to be that easy.

They putting up a fight

Resistance only makes my dick harder

The bottom is in


There is massive shorts on Okcoin right now on the ask side



307. Post 10373331 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: barrymatas on February 06, 2015, 05:25:52 AM
We need to rach post 220 by today , to see a good week and no weekend dumpin.g

this is a bad assumption

Wether we break 220 or not there will be dumps.  We won't have a good week till this bear market ends.



308. Post 10378310 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Nice pump this morning =)



309. Post 10378486 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

"serious crash to 220" lol




310. Post 10379915 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Brewins on February 06, 2015, 08:01:45 PM
We've had boring oscillations this week. What does this mean? Sub-200 or start of bull market?

means nothing

we can go bother way or no way or anything.

Market is too boring these days

I have to disagree..I think its been pretty exciting (especially if you have been playing these swings)



311. Post 10380039 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: WeltMaster on February 06, 2015, 08:22:41 PM
Should I buy now?  Huh

China must still be sleeping, when they wake up they will dump us back under 200

or maybe its a myth?

They can barely keep the price below 220..that dump yesterday was a complete failure



312. Post 10380217 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

looks like close to 400 more shorts just opened up



313. Post 10380277 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Sitarow on February 06, 2015, 08:54:32 PM
looks like close to 400 more shorts just opened up



I don't think there will be a pump today, but the more shorts the better.  When or if we do fall below 220 the squeeze will be more painful on the way back up Grin



314. Post 10381186 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.56h):

i just absorbed quite a bit from that



315. Post 10382254 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: Newbie1022 on February 07, 2015, 01:56:23 AM
Hash rate is only up over 10 percent in the past day. Not a big deal.

10% is quite a bit



316. Post 10382656 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

i played that nicely once again

to predictable



317. Post 10387815 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Shorts back down to 17,600 from 19,600.

Hopefully today fairs well



318. Post 10387834 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: JimboToronto on February 07, 2015, 05:33:23 PM
Good morning Bitcoinland.

Missed a short-lived bump up soon after my bedtime I see. Dropped almost as fast.

We're still up on the day so far though, so we'll take it.

Mmmm. Coffee.  Smiley



Wild guess, are you in Hawaii time zone?



319. Post 10388045 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: stereotype on February 07, 2015, 05:45:02 PM
Shorts back down to 17,600 from 19,600.

Hopefully today fairs well

Interesting, I wouldn't expect that many margin calls from such a small price bump. I wonder if they simply closed out. 
There was a big 12k contract ($100 contracts) margin order that got filled on OKcoin a few hours ago.

thats a lot of money, even at a $1.00 swing



320. Post 10388102 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: bassclef on February 07, 2015, 05:41:32 PM
Shorts back down to 17,600 from 19,600.

Hopefully today fairs well

Interesting, I wouldn't expect that many margin calls from such a small price bump. I wonder if they simply closed out. 

I'm sure they were closed.  I think margin calls are out of the question.  Bids look good especially once it goes down past 210.  I don't think there will be any cheap coins today. 




321. Post 10388200 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: JimboToronto on February 07, 2015, 06:06:16 PM
Good morning Bitcoinland.

Missed a short-lived bump up soon after my bedtime I see. Dropped almost as fast.

We're still up on the day so far though, so we'll take it.

Mmmm. Coffee.  Smiley



Wild guess, are you in Hawaii time zone?

LOL No.... Eastern Standard, Toronto time.

I used to play music in bar bands back in the 1960's, '70s and '80s. Didn't finish work until after 2:00 AM so by the time I relaxed and ate, bedtime was 4:00 or 5:00AM.

After enough time the old biological clock got reset to a noon rising.

Even though the old 6-nights-and-a-matinee business dried up in the mid-1980s (may as well be talking about vaudeville!) my old sleeping habits remain.

I still wake up spontaneously at the crack of noon.



Ahh ok lol were the opposite,  I'm used to waking up at 4am  Grin



322. Post 10388378 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: JimboToronto on February 07, 2015, 06:25:53 PM
Ahh ok lol were the opposite,  I'm used to waking up at 4am  Grin

4am rising? We used to call that farmer's hours.   Grin

7am? That's past my bedtime. Must be in bed before dawn

Some of us used to consider eastern sunlight to be carcinogenic. Something to do with Doppler effect.  Cheesy



I work in post production (mainly commercials) so we up early and sleep late  Sad



323. Post 10389176 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Longs finally over 15million  Wink. Unfortunately shorts up 300 last hour



324. Post 10389402 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: NotLambchop on February 07, 2015, 08:49:37 PM
...
Painite2.jpg[/img] Does not look like much does it? Now is it worth more then Diamonds?

Worth more than diamonds because limited supply, just like my grammy's farts and Bitcoin.
My grammy's farts are worth more than both painite and Bitcoin tho, 'cos grammy is dead and only a single fart, hermetically sealed in a Mason jar by qualified rarereologists, remains.

Never cease to amaze me



325. Post 10389742 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: dillpicklechips on February 07, 2015, 09:18:34 PM
NotLambchop: Why do you waste your time and other's time here? What are your motivations? Saving people from buying bitcoin?

The second a rally happens and his buds get squeezed he will be mia for a bit.




326. Post 10396954 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: fonzie on February 08, 2015, 04:55:06 PM
Sitarow,

hey i would like to tell you that nobody cares for your stupid graphs. STOP IT AND GET THE FUCK OFF!


THANKS AND BEST WISHES

FONZIE


I actually do appreciate them.  Your always welcome to ignore him.



327. Post 10397042 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Longs are absorbing these




328. Post 10397127 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: macsga on February 08, 2015, 05:59:08 PM
Longs are absorbing these


@damiano:
How do the swaps work with the price? Is there a site where you can trade?

It's just data from bitfinex.  I have my long position there.  I use okcoin futures to daytrade on these swings and profit goes to bitfinex



329. Post 10397146 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: dropt on February 08, 2015, 06:01:22 PM

 Huh Longs were over 15mm long before the recent dumps.

not really, 2 weeks ago we were, last week it hit a low as 14.4 or 14.6 mill? last monday or tuesday.  It's been steadily increasing.  Shorts are down since thursday/friday but not by much.  The failed dump on wednesday really hurt them.



330. Post 10397791 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: solex on February 08, 2015, 07:14:10 PM
It´s official.

http://www.chinatimes.com/realtimenews/20150208002335-260410

Google translate::

"Hong Kong, " Wen Wei Po" reported bitcoin (bitcoin) again to Hong Kong investors ' loss of hand bad feet " : Hong Kong, a Bitcoin payment platform has suddenly closed down , estimated at nearly 3000 Bitcoin investors may lose everything at any time .

It is understood that when a group of Hong Kong investors in Bitcoin trading platform related office visits , found that have been left vacant , suspected of fraud and pyramid selling , the estimated total amount of all " victims ' losses at any time up to three billion Hong Kong dollars . Today they will collectively Police...."

Thanks to Jorge for breaking the news. Wait until this hits the news worldwide on monday, which will probably trigger the crash to sub 100. We would go there anyways, but a good news story will probably add more momentum and preserves us from more failed pumps and boring sideways action before the crash.

So why aren't the Chinese exchanges dumping like crazy?
3 billion yuan = 2.17 million btc at the current price. 3000 investors means the average investor had 725 btc each Huh

No one gives a shit about that site.  It's not a major exchange.



331. Post 10397857 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: lyth0s on February 08, 2015, 07:29:38 PM
It´s official.

http://www.chinatimes.com/realtimenews/20150208002335-260410

Google translate::

"Hong Kong, " Wen Wei Po" reported bitcoin (bitcoin) again to Hong Kong investors ' loss of hand bad feet " : Hong Kong, a Bitcoin payment platform has suddenly closed down , estimated at nearly 3000 Bitcoin investors may lose everything at any time .

It is understood that when a group of Hong Kong investors in Bitcoin trading platform related office visits , found that have been left vacant , suspected of fraud and pyramid selling , the estimated total amount of all " victims ' losses at any time up to three billion Hong Kong dollars . Today they will collectively Police...."

Thanks to Jorge for breaking the news. Wait until this hits the news worldwide on monday, which will probably trigger the crash to sub 100. We would go there anyways, but a good news story will probably add more momentum and preserves us from more failed pumps and boring sideways action before the crash.

So why aren't the Chinese exchanges dumping like crazy?
3 billion yuan = 2.17 million btc at the current price. 3000 investors means the average investor had 725 btc each Huh

It seems to be 3 billion hong kong dollars = 386 million US dollars = 1.7 million BTC. If these were already stolen and sold though (with just a recent closure) that could help account for all of this downward pressure we've been having.

That downward pressure is just the usual bears shorting.



332. Post 10400104 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: fonzie on February 08, 2015, 11:52:05 PM
Just a small reminder why the orderbook of Bitfinex often looks more bullish(than Stamp with its meager 3 mio USD). Due to the possibiliy of margin trading and using Bitcoin as collateral it is not necessary to deposit real or fresh USD over there. A lot of those bids are probably from early adopters using their huge BTC stash tryin to protect their investment with it. However as the price gets lower and lower their available net worth that is needed to place orders also gets lower, which leads to less and less USD bid sum if the price goes down. My guess is that 60-70% of the bids in the orderbook are created with BTC used as collateral, which could lead to a death spiral if we should get another huge crash below 150$ where people actually try to withdraw USD and no longer look to increase their BTC positions. Please correct me if i am wrong!

No Shit Sherlock



333. Post 10405909 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

This is interesting compared to yesterday.  Shorts down despite the dump




334. Post 10405980 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: HarmonLi on February 09, 2015, 03:29:08 PM
This is interesting compared to yesterday.  Shorts down despite the dump



Huh, interesting! It really seems more and more people start to get nervous by the resilience of the price. I'm starting to believe more and more that we may only need one final flash-crash to send this thing back into bull-mode at last!

They can barely keep the price below $220.  If it goes anywhere near 190-205 the volume is gonna be so insane and the squeeze is going to be so painful.  



335. Post 10407180 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: billyjoeallen on February 09, 2015, 05:02:11 PM
Remember kids...

the price doesn't matter,

bad news doesn't matter,

China doesn't matter.

Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.

Quote
Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.
BillyJoeAllenRedneck firefighter who can't spell his own home state correctly

And of course even those with an education are wrong, wrong, wrong.

So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.

Yanis Varoufakis admits he's a Marxist, which means he's still clinging to the thoroughly discredited Labor Theory of Value when it was replaced by Marginal Utility by all non-Marxist economists about a century ago.

Certain people seem to put an exorbitant amount of effort into discrediting me. Why? I'm a nobody from nowhere. What is it that I am saying that is so dangerous that it requires these ad hominem attacks?

Beware the short squeeze boys and girls. It's coming.

I think it's likely we can start to see a squeeze very soon



336. Post 10409341 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: podyx on February 09, 2015, 08:57:04 PM
Pathetic attempt from the bears... surprise surprise

I sold at $220 so we better fucking go down.

Might see another mini dump to 216-218, but I don't think its going to go much lower than that.



337. Post 10418897 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Bears retreating to there caves?



338. Post 10419915 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: JorgeStolfi on February 10, 2015, 08:49:03 PM
Back in the early days, some of the smartest people in the world have been hanging around here. They were posting tech stuff, chatting about the fiat economy and politics, even trying to predict if a specific pattern was responsible for the USD/BTC price. But then; MtGox arrived. Then the trolls followed. And my ignore list must now contain more than 50 persons. Tongue

And yet this still seems to be the best thread in this whole forum.

Recall that, many months ago, about half of the postings on bitcointalk.org were about altcoins.  I am too lazy now to redo that statistic, but, by eyeball, the altcoins still seem to take a large fraction.

There arn't many altcoins worth mentioning anymore let alone to follow.

btc
ltc

thats it for me



339. Post 10420226 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

a lot of shorts were just closed within the past 10 minutes..longs are increasing by a good amount




340. Post 10421306 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: ejinte on February 10, 2015, 10:49:40 PM
Is it just me, or is there really little buying pressure going on at the moment?  Rather boring this island of relative stability we're seeing here. But at some point the whale boys will get bored and start dumping again probably.

Yep everybody has sold already. At this point everyone is hodling hard.

Quite a bit shorts opened back up again, but I guess thats good, more longs opened up as well.  Hopefully a short squeeze is coming in a day or two.



341. Post 10422649 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

bids are very thin to 216  Huh




342. Post 10422745 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: explorer on February 11, 2015, 04:02:22 AM
bids are very thin to 216  Huh



Quick fix:  Don't look back   Wink

I just added some bids  Grin



343. Post 10423435 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Quote from: billyjoeallen on February 11, 2015, 04:47:11 AM
bids are very thin to 216  Huh



Quick fix:  Don't look back   Wink

I've been waiting almost a month now for my ~$205 coins and I'm starting to fear that they may not be on the menu.  I have thousands off the order books set aside for a drop should it come. I wonder how many others have also. I just don't see a short squeeze as likely until the pump and dumpers can credibly (credible to the naive) claim a double bottom.

Not that I mind much. I like to see a stable price. The longer it lasts, the better it is for Bitcoin.

Bears can't keep the price below 220 for more than a few hrs.  I can't imagine how fast the price would bounce if it went below 200.



344. Post 10428694 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.57h):

Nice to see longs increasing.  Short squeeze coming soon i hope




345. Post 10429022 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: roslinpl on February 11, 2015, 05:19:44 PM
Good morning Bitcoinland.

Same old same old, I see.

Bulls waiting for a train to the moon. Bears waiting for Bitcoin to die.

Funny how waiting can be such a merry dance.



During last month as a bull I can say that I am not waiting for any train. Because I know it will happen sooner or later.  So I am not worried about future price of the Bitcoin.

I am more considering security issues over bitcoin exchanges.  That's what we need to fight for now if we want the train again.

Best regards.

The train has been quietly boarding over the past few days.



346. Post 10429728 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: brg444 on February 11, 2015, 06:33:41 PM
This video appears to show a MyCoin.hk convention in 2014:
http://my.tv.sohu.com/us/201860874/69946081.shtml

Given the number of atendees in that event, the claim of 3000 victims now seems more credible.

The gray-haired Westerner may be William Dennis Atwood, the director of the parent company who seem to have left shortly before MyCoin.hk collapsed.  

Quote
The CCB reports that 43 investors between the ages of 21 and 71 years old lost anywhere between HK$50,000 to HK$15m each when the exchange ceased operations. Such estimates would place the total consumer loss at HK$63m, or $8.12m at press time.

http://www.coindesk.com/mycoin-hong-kong-police-8-1-million/

Just a little off from previously reported 387$M.....  Cheesy

talk about being way off



347. Post 10430455 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

That was pretty weak

thanks for the coins @ 218



348. Post 10430482 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Morecoin Freeman on February 11, 2015, 08:11:44 PM
Think we might go near $200 in like 48 hours.

Not with this weak volume.



349. Post 10438633 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: NotLambchop on February 12, 2015, 04:04:00 PM


Ahh is that your grammy?



350. Post 10441977 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: karolina on February 12, 2015, 09:40:50 PM
Something's gonna pop soon....


I bet we drop down, hard.

Difficult to say




351. Post 10444672 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: shmadz on February 13, 2015, 06:06:08 AM
Ah screw it, I'm full on bull mode now!



Best of luck everyone!

 Grin

Shorts gonna get squeezed sooner than later



352. Post 10444716 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: shmadz on February 13, 2015, 06:25:23 AM


Shorts gonna get squeezed sooner than later

Only a matter of time before it all comes crashing back down...

Better to enjoy it while it lasts I guess.

Not many coins available to short so it's gonna get interesting



353. Post 10444778 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Wow 5k future contract (qtr) long position just got filled at 230



354. Post 10444795 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: DaRude on February 13, 2015, 06:37:34 AM


Shorts gonna get squeezed sooner than later

Only a matter of time before it all comes crashing back down...

Better to enjoy it while it lasts I guess.

Not many coins available to short so it's gonna get interesting

Not that many shorts, and easily offset by some of those 15MM longs taking some profit but still might provide a little bump. Looks like China is leading this...again  Undecided

Longs are increasing at a faster rate than shorts, plus no coins avail to short  Roll Eyes

We're long overdue for this



355. Post 10444837 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: hyphymikey on February 13, 2015, 06:45:20 AM
Wow 5k future contract (qtr) long position just got filled at 230

Perfect opportunity for a manipulator to cash in on if you know what you are doing.

Crazy money right there, almost 2200BTC in contracts

Edit n/m

It was a short closing....liquidation



356. Post 10449070 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: NotLambchop on February 13, 2015, 02:09:05 PM
...
oh yeah, and $238 BITCHES! w00t!

And you didn't sell Sad  Another opportunity wasted...

Quote
Acts 2:38 "Repent..."

King Lear: Act 5, Scene 3: "No, no, no, no! Come, let's away to prison:"

That would be clever if we were trading near $53.

Afraid it's going to end up like it always does: in tears Sad

Swaps aren't what they used to be!  Cry



357. Post 10450125 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: ejinte on February 13, 2015, 04:56:08 PM
expect a weekend dump to $150  Kiss

Not enough swaps available



358. Post 10451463 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

There's quite a bit of resistance to 240



359. Post 10451894 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: KryptoFoo on February 13, 2015, 08:07:25 PM
short squeeze to 255 then consolidate.

edit: please, thank you.

bullshit. If we're going to $255 then we're going to $350, but I think we might be going down first. Time will tell.

Hmmm maybe I was asking for the wrong thing. So:

Short squeeze to 240, consolidate (flag), squeeze again to 255, consolidate. After that more upside would be great. Thanks

It's possible, but we will need to go to around 244-248 to squeeze I think.  Swaps are available, but not in the amount to really take this down.

Long positions have really increased within the last 24 hours especially when you compare it against the shorts



360. Post 10453396 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Well China bout to wake up.  Who wants to speculate on what they do


Another bunch of shorts just closed and longs are up another 200k in past 2 hours..



361. Post 10453600 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: tarmi on February 13, 2015, 11:05:53 PM
china is a seller market, get used to it.

There going to be dumping there own coins then cause there isn't a whole lot to borrow



362. Post 10454295 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: GreekGeek on February 14, 2015, 12:18:21 AM
Well China bout to wake up.  Who wants to speculate on what they do


Another bunch of shorts just closed and longs are up another 200k in past 2 hours..

small jump  or ccmf

make that CCMF

Squeeze is coming  Roll Eyes



363. Post 10454367 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: damiano on February 14, 2015, 01:10:30 AM
Well China bout to wake up.  Who wants to speculate on what they do


Another bunch of shorts just closed and longs are up another 200k in past 2 hours..

small jump  or ccmf

make that CCMF

Squeeze is coming  Roll Eyes

I'll go with short




364. Post 10461968 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Wow this is crazy

Still not much swaps to hurt



365. Post 10462014 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: GaliX on February 14, 2015, 08:58:56 PM
okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.


Working fine for me



366. Post 10462048 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: GaliX on February 14, 2015, 09:02:04 PM
okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.


Working fine for me

can you place orders? I heard people can't put orders on.

Using iOS app with no issues



367. Post 10462199 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: LFC_Bitcoin on February 14, 2015, 09:22:07 PM
Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?

The price has been suppressed for weeks along with failed attempts to take us below 210



368. Post 10462551 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Xiaoxiao on February 14, 2015, 09:37:43 PM
The sell orders are starting to stack up on bitstamp and bitfinex.... and it seems to be hitting a brick wall @ 260.

The trend is about to move down again and follow course.


Probably can make it to 290-310 before a fight



369. Post 10462961 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Hmm I think 260 goes down soon.

Same pattern



370. Post 10468227 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Hmm back to 220?



371. Post 10468351 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Wow everyone and there mom is shorting on okcoin



372. Post 10468498 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Mickeyb on February 15, 2015, 03:14:23 PM
Yet another hack, down we go again! Sad!


I don't think we will drop past 230




373. Post 10469675 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

240 up next



374. Post 10469698 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Anyone notice the longs are increasing at a faster rate?



375. Post 10469913 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

It would be pretty funny if we end back up at 260 in a few hours

Although I wouldn't be surprised one bit



376. Post 10470038 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: nor9865 on February 15, 2015, 05:26:45 PM
It would be pretty funny if we end back up at 260 in a few hours

Although I wouldn't be surprised one bit

I doubt that's gonna happen..

All I'm trying to say is you never know.  I think that the odds of revisiting 260 are higher than dropping below 230

Edit



377. Post 10470186 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: JimboToronto on February 15, 2015, 05:45:51 PM
Good morning Bitcoinland.

A little corrective retracement I see.

Not unexpectedly, the trollbears are picnicking again. "See them gayly gad about..."

Price rises by $50, not a peep. $20 correction, it's the death of Bitcoin. LOL

Meanwhile in reality, we're about where we were at this time yesterday.

One thing to note is leveraged longs are up a lot



378. Post 10471057 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: YourMother on February 15, 2015, 06:57:45 PM
Someone please call Gavin and tell him to rollback the blockchain to 6 February 2014 where all the bulltards receive their bitcoins back and just shut down the ponzi operation for Christ's sake. Scam after scam after scam after scam...

I keep showing them





that everyone lost interest in bitcoin and the idiots still believe that this unusable where-the-fuck-did-my-bitcoins-go virtual trash currency has a chance at mass adoption.

If you don't believe what i'm saying, at least go and check the last 500 cloned shitcoins. The charts look exactly the same. One big pump and then a never ending road to abyss. On bitcoon everything happens slower because of the amount of people involved. That's it

How many times can you post the same chart?




379. Post 10471265 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Bear trap?



380. Post 10471790 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: podyx on February 15, 2015, 08:04:38 PM
This is ridicolous...

High chance we can go under 200 now after all these Bulls got hurt.  That is unless there is a lot of fiat available on the side



381. Post 10471877 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quite a bit of Nasty liquidation orders that no one is gonna touch



382. Post 10471899 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Fatman3001 on February 15, 2015, 08:14:01 PM
It won't stop till whoever stole bter's coins is finished converting every last one of them to fiat, they have several hours jump at mixer and now they are fencing fast and furious.

If that is true then there needs to be some buying as well.

If there dumping it doesn't matter



383. Post 10471917 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: razorramon on February 15, 2015, 08:08:05 PM
i have to admit...i really did not think we will "retrace" so deep...

now .. if 225 does not hold we could get a deep push below 200 again...(i hope there is enough resistance on that road)...anyway...well played bearwhales

220
210

Key level



384. Post 10471928 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: tarmi on February 15, 2015, 08:17:16 PM
what do you think guys, will 210 hold?

 Grin

Without knowing how much fiat is available off the books no one knows, but once again the longs have been hurt (not as bad as the Coinbase pump)



385. Post 10472090 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: yefi on February 15, 2015, 08:29:26 PM
i have to admit...i really did not think we will "retrace" so deep...

now .. if 225 does not hold we could get a deep push below 200 again...(i hope there is enough resistance on that road)...anyway...well played bearwhales

It looks a lot like a failed breakout on the 3-day charts. If it falls below support around 210, it's going to get nasty.

If there going to take it below 210 it needs to be done before Monday morning since the risk of additional fiat can come in



386. Post 10472429 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.58h):

Quote from: luckygenough56 on February 15, 2015, 08:58:42 PM
second bulltrap lower high closing we will go back into bear market and sub-200 now just a matter of time




For a second I though it was a breakout, but then it died



387. Post 10472542 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Looks like dumpin is over



388. Post 10473011 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: tarmi on February 15, 2015, 09:59:50 PM
USD swaps on bitfinex going up again.

doesnt matter - short squeeze coming soon.

Says the bear



389. Post 10473040 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: tarmi on February 15, 2015, 10:10:46 PM
USD swaps on bitfinex going up again.

doesnt matter - short squeeze coming soon.

Says the bear


no, just saying.

did you buy this small correction? 

Short since 254.  Not sure when to close



390. Post 10473217 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: tarmi on February 15, 2015, 09:59:50 PM
USD swaps on bitfinex going up again.

doesnt matter - short squeeze coming soon.

My screenshot  @ 11am had the rate at .030000%' now it's .080000%



391. Post 10473373 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Support and 228-230 is unbreakable



392. Post 10473451 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: fonzie on February 15, 2015, 11:03:56 PM
Support and 228-230 is unbreakable

I agree, bitcoin is lookin unbelievably strong today again. The price really looks sustainable..
Cheesy

I think 240 is possible pretty soon



393. Post 10473891 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: GreekGeek on February 16, 2015, 12:01:29 AM
nice bid wall @233 on finex

It's gone  Embarrassed




394. Post 10475177 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Walsoraj on February 16, 2015, 04:41:21 AM
http://www.reddit.com/r/Bitcoin/comments/2w1jjd/okcoin_appears_to_be_down_in_light_of_recent/


 Undecided Undecided Undecided

*edit*

I'm also getting a cert error from https://www.okcoin.com/

Yeah something is up... If a hack is underway or they did get hacked it's gonna get ugly



395. Post 10479857 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Down to 14.6k shorts now

Interesting



396. Post 10481824 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Current market conditions are a bit alarming to me.

A lot of shorts have been closed, but there is plenty now available to short. 



397. Post 10482204 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: WeltMaster on February 16, 2015, 07:13:55 PM


Stay tuned folks Smiley


are there any graphs, which correlate the price with those shorts/longs over time?
http://www.bfxdata.com/

USD swaps are slowly going up as well



398. Post 10482591 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: billyjoeallen on February 16, 2015, 08:11:43 PM
Current market conditions are a bit alarming to me.

A lot of shorts have been closed, but there is plenty now available to short. 

Using that logic: The employment market is alarming. A lot of people have been hired, but that means more people could lose their jobs.

Im trying to analyze the market from both ends.  What has me worried is the amount of swaps available.  I play the market both short term day trading and long term and long term I don't care.  The short term is what I am cautious about and with what I see it just means ill stay on the sidelines till a move occurs.




399. Post 10482669 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: abercrombie on February 16, 2015, 08:22:39 PM
Current market conditions are a bit alarming to me.

A lot of shorts have been closed, but there is plenty now available to short.  

Using that logic: The employment market is alarming. A lot of people have been hired, but that means more people could lose their jobs.

Probably means that there is less chance of a short squeeze at these low depths.  

And it's more likely that they'll re-load their short positions on any signs of strength.

I don't think there is any chance of a short squeeze around these levels at all.  If anything I do agree with what you mentioned about reloading.  If we break up into the 240's-250 thats when we will start to see some action.  

If anything I think longs are being slightly squeezed atm..Some more than others.  Quite a bit of longs opened up at 250+ just 2 days ago, but there have been a few riding this down



400. Post 10490684 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Artoodeetoo on February 17, 2015, 03:37:56 PM
Who knows if a bull run kicks in, I think BTC is pretty beat up right now, and I can see it really picking up from these levels sharpish....

Lots of good reasons to be buying BTC at the moment...

Will be interesting

Thousands of shorts opened up on futures



401. Post 10491781 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

wow bears getting owned



402. Post 10492122 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

looks like 122k of longs just exited



403. Post 10492134 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: esse83 on February 17, 2015, 05:53:50 PM
Cavirtex shutting down Smiley

http://www.reddit.com/r/Bitcoin/comments/2w7f4z/cavirtex_shutting_down/

Is that good or bad?



404. Post 10492222 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Red Dildo incoming



405. Post 10492349 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Fatman3001 on February 17, 2015, 06:06:04 PM
Red Dildo incoming

Why? What are you trying to do?

What do you mean?



406. Post 10492730 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

another 100k longs exited

makes 220k in an hour



407. Post 10492827 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Fatman3001 on February 17, 2015, 06:55:24 PM
another 100k longs exited

makes 220k in an hour

But nothing happened, is there a delay in the process?


I'm not sure how quickly the data updates on www.bfxdata.com but the price has since gone down from 246.  Better to unload slow rather than all at once. 



408. Post 10492838 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: KryptoFoo on February 17, 2015, 06:58:27 PM
another 100k longs exited

makes 220k in an hour

Seems to be topping.

Where are you seeing those numbers, OKcoin? Futures?

I watch www.bfxdata.com pretty closely.



409. Post 10493130 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: hdbuck on February 17, 2015, 07:12:14 PM
another 100k longs exited

makes 220k in an hour

Seems to be topping.

Where are you seeing those numbers, OKcoin? Futures?

I watch www.bfxdata.com pretty closely.

long 'exiting' is bullish? or they 'shorted' their longs? Huh

Well that all depends, if a lot more exit then it wouldn't be good since it would create additional selling pressure.

I think its just cashing out from this mornings run up from 235-246.  It could be bearish, or they could just be taking profits. 



410. Post 10493156 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Miz4r on February 17, 2015, 07:18:41 PM
another 100k longs exited

makes 220k in an hour

Seems to be topping.

Where are you seeing those numbers, OKcoin? Futures?

I watch www.bfxdata.com pretty closely.

long 'exiting' is bullish? or they 'shorted' their longs? Huh

If you short while you still have longs going they cancel each other out. By the way longs getting closed could also be LTC longs closing on Finex.

That is possible as well, but given the decline in price when I noticed the longs being closed it seems that it was btc(longs) exiting.  Yes I could be wrong and its just a coincidence, but i'm doing my best to analyze the numbers and data I see.




411. Post 10493949 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Swaps up by 400



412. Post 10494027 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: esse83 on February 17, 2015, 09:01:18 PM
http://www.miningpool.co.uk/chinese-exchange-kipcoin-hacked/

 Grin Yay!

I wonder if this was the same hacker that hit bter.

Pray btce or bitfinex don't get nailed



413. Post 10495323 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Brewins on February 17, 2015, 11:16:38 PM
Odds of breaking 270$ this month? Its actually looking somewhat decent.

the recent chinese hacks might delay the moon mission, so I think sub 270 is possible for the rest of january

We're in February  Roll Eyes



414. Post 10495548 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

 Cry Cry



415. Post 10496170 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: JimboToronto on February 18, 2015, 12:18:25 AM
Cry Cry

Why so sad?

Lately the convo's have been shit



416. Post 10496804 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: fonzie on February 18, 2015, 02:28:38 AM
Get your fiat cannons ready, gentlemen.

Now that virtex closed down, I got no where to fire the fiat cannons,  Cry



You can always meet with Jimbo and sell your coins back and forth all day while laughing about how nobody and nothing can stop the Bitcoiner.  Smiley

Back to the drawing board man

That was pretty bad



417. Post 10501897 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

I knew we were heading down

To bad I didn't act on it more



418. Post 10502230 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: aztecminer on February 18, 2015, 03:52:25 PM
I knew we were heading down

To bad I didn't act on it more


sad for me too second time i wake up in the morning and second guess my instincts ... i felt @245 was a little low after breaking 240 and we had another $5.00 to go up before the dump .. ah well sitting and hodling waiting unless it goes sub-200's can buy more . it might take all day to break through 240 again .

If we pop above 240 i don't think it would be that long.  I think we're gonna test 225-228 again within the next 24 hours.

Shorts are up quite a bit currently.  Looks like a bunch of longs exited which helped cause the push down.



419. Post 10502587 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Fatman3001 on February 18, 2015, 04:23:14 PM
I knew we were heading down

To bad I didn't act on it more


sad for me too second time i wake up in the morning and second guess my instincts ... i felt @245 was a little low after breaking 240 and we had another $5.00 to go up before the dump .. ah well sitting and hodling waiting unless it goes sub-200's can buy more . it might take all day to break through 240 again .

If we pop above 240 i don't think it would be that long.  I think we're gonna test 225-228 again within the next 24 hours.

Shorts are up quite a bit currently.  Looks like a bunch of longs exited which helped cause the push down.

I don't know, with all these holidays we might get a four day weekend pump resulting in a crash. BTC doesn't want to sit still right now.

Everyone makes money on its volatility.  This $8.00 drop made me 4btc.  The more it swings the more money people make.  It just depends which side your on. 

This holiday weekend just started so it can go either way



420. Post 10503555 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: aztecminer on February 18, 2015, 06:12:39 PM
I wonder if bullscammers like aztecminer & fatman will ever get banned... their only purpose seems to be to lure more people into the BTC trap, which is not only morally totally wrong but eventually also criminal.... Huh


lol i am a bullscammer now ...... dood i play my own game and care less what everyone else is doing. take responsibility for your own actions retard.

He is underage, he can't.



421. Post 10504208 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Nice bounce
No Panic




422. Post 10506321 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

It looks like were heading back up.  I wonder if we will break 240



423. Post 10506535 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

a lot of shorts are starting to open up



424. Post 10506543 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: rolling on February 19, 2015, 12:56:17 AM
a lot of shorts are starting to open up

Suckers.

This will be interesting



425. Post 10507483 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Jeasus 19k shorts now

Sat/Sun there were only 14k

Chomping at 238 is a no no!



426. Post 10508120 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quiet now...

Calm before the storm  Roll Eyes



427. Post 10512919 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: aztecminer on February 19, 2015, 03:20:48 PM


i think we going to get 'chinese miner dumped' on before we get short squeezed .



Shorts have a while before that happens.  I think once decent support builds at 236 and 238 the red dildos will come



428. Post 10513740 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

This pause in the movement is interesting



429. Post 10513873 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: tarmi on February 19, 2015, 05:33:52 PM
those new opened short positions are just a hedge for more than 1 mil of usd swaps opened in the last few days.

now, let's give this pump a chance, we can all have a better exit point.

there is a lot of time till the auction.

Seems stupid to open them up where they did.  Now they are underwater



430. Post 10514038 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: billyjoeallen on February 19, 2015, 05:45:39 PM
those new opened short positions are just a hedge for more than 1 mil of usd swaps opened in the last few days.

now, let's give this pump a chance, we can all have a better exit point.

there is a lot of time till the auction.

Seems stupid to open them up where they did.  Now they are underwater

They ARE underwater. They weren't opened @ $260 but in the low $230s. Time is not on their side. Let's hope they double down on stupid so we can really launch this squeeze.

I watched them open up mostly at 238 .  They weren't opened up in the low 230.  I compare data every 30 minutes

Another 300 opened up right bow



431. Post 10515036 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

I guess the coast is clear.  I was expecting heaving dumping to take place once we landed over 240 and once the support strengthened.



432. Post 10516611 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Bernard Lerring on February 19, 2015, 09:47:48 PM
i'm still a noob here but our current situation kind of looks like a buildup of buying pressure at the trend line. as if it's about to explode. maybe?

I'm far from being an expert but the buy/sell ratio on bitcoinity looks slightly bullish to me.

Walls constantly change throughout the day, so its difficult to judge by that.



433. Post 10516969 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: inca on February 19, 2015, 10:12:45 PM
hmmm...ok everyone did you hear that ?? this is the 'fully loaded bitcoin but it has more upside potential from here crash' !! is everybody ready Huh i am getting my 'fully loaded "anything can happen" bitcoin crash' suit on right now. we can't take any chances when we have a clear of a sign as billyjoe being fully loaded.. we are just waiting on the 'chinese miner' dump to set the shorts going again...............

Shorts are at 20k already..

Swaps are staring to get low in comparison to what was available yesterday



434. Post 10517694 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: billyjoeallen on February 19, 2015, 11:40:40 PM
Looks like the bulls are prepping for an assault on the $245 wall. I think there might be some hidden resistance, so I'm gonna wait for the bears to soften up a little.


Not much left on btc swaps...



435. Post 10518128 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: bad trader on February 20, 2015, 12:46:12 AM
Can someone explain this shit to me. The price looks stable. Then someone buys ~600 BTC on Bitstamp. Then OKCoin crashes. Why?
maybe just coincidence?
Looking at it closer, the Bitstamp buy may have been just a panic buy because of the OKCoin upswing and perhaps didn't affect it too much.

OKcoin goes full retard on price a lot especially during a pump.  Last weekends pump the price was almost +$10.00 on the index it follows



436. Post 10525015 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: mrkavasaki on February 20, 2015, 05:23:19 PM
do you guys think a rise to above $500 is possibble this year?

I think 450-650 is possible



437. Post 10535959 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Probably stay sideways for a bit.  Bulls cash out at $5-10 profit and Bears do as well. 

Dumps and rally's just dont have enough momentum.



438. Post 10546180 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

o wow another round of shorts opened up




439. Post 10546502 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_13.59h):

Quote from: Fatman3001 on February 22, 2015, 05:01:49 PM
Btc-e dipped to $228 for a while. Didn't want to see the the 220s again.

@Damiano we need more than that to get a proper squeeze. And I don't believe in a squeeze before the sr-coin auction anyway. However, if the bottom is as firm as it looks, we could have a helluva a spring waiting for after the auction.

We would need probably 25k minimum, but I'm more worried on the ask side if a squeeze were to occur.



440. Post 10548196 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Hmm looks like a few longs were spooked

Down to 15.9mill now



441. Post 10555773 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

The next few days will be interesting if we can hold where we are now.  To many shorts now along with longs and this leveraged fiasco isn't going to end well which ever way it goes. 

Losses will be catastrophic one way or another.



442. Post 10556009 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: billyjoeallen on February 23, 2015, 03:32:07 PM
The next few days will be interesting if we can hold where we are now.  To many shorts now along with longs and this leveraged fiasco isn't going to end well which ever way it goes. 

Losses will be catastrophic one way or another.

I don't think many of the longs are excessively leveraged. I am wagering that there are many more of them who are leveraged to a smaller degree. I know I am. You'd have to dump to double digits to force my margin call, and that's only if I don't post more margin by then. The long squeeze to ~$166 should have taught us all a lesson. The short squeeze to $475 was far enough back that it might have slipped down the memory hole for some of the bears.

Who knows, but i'm sure there are at least 10-15% that arn't in an ideal position.

I know camolist went long on thursday night somewhere around 242, wether he sold or not I don't know.  Most the longs accumulated probably in the region of 160-220, but if they are using btc as leverage it could get nasty if we hit 210 or even below 200.




443. Post 10568770 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Support is looking strong lately




444. Post 10569814 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

USD swaps increasing quite a bit!!!

Hopefully bulls don't cashout to early this time



445. Post 10569954 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: cheekychap on February 24, 2015, 07:23:40 PM
USD swaps increasing quite a bit!!!

Hopefully bulls don't cashout to early this time

They jump the gun everytime we reach 250.

I know.. thats why i'm not trading any of this right now.  Id rather jump in later into a bull run than jump in now and get dumped on



446. Post 10570904 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: camolist on February 24, 2015, 09:22:16 PM
looking at swaps it looks like everyone is doubling down today  Cheesy

Which ever way it blows someone will be losing quite a bit  Wink



447. Post 10572888 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: camolist on February 25, 2015, 12:26:57 AM
back in on margin
150 btc averaged a few pennies over 240

thanks to those who gave me 30 day guaranteed rate USD loans  Cool

Jameson involved again?



448. Post 10578564 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: LewiesMan on February 25, 2015, 03:35:03 PM
This thread isn't even useful anymore, just full of trolls trolling one another..

It's gotten a lot worse the past 2 weeks



449. Post 10580306 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: Morecoin Freeman on February 25, 2015, 06:13:07 PM
Since were braking up from here, if bull volume fails were probably ending up in 160$ around double bottom
Explain how? I don't see this as a possibility at all.
If the push is not strong enough at this time more sideways action is more likely than a dump.

The way I read the market there is absolutely no incentive to sell coins below $220.

Sideways action is usually bearish.




450. Post 10581033 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: oda.krell on February 25, 2015, 06:30:06 PM
Since were braking up from here, if bull volume fails were probably ending up in 160$ around double bottom
Explain how? I don't see this as a possibility at all.
If the push is not strong enough at this time more sideways action is more likely than a dump.

The way I read the market there is absolutely no incentive to sell coins below $220.

Sideways action is usually bearish.


Depends. Sideways (on falling volume, even) could either lead to a sudden break of resistance like in May, or of support, like in November.





Your guess is as good as mine, although I'm slightly leaning towards upwards, because of the sheer size of the January capitulation.

Hopefully your correct.

Im hoping for another small drop so I can pickup some more, but at the same time i'm slightly short in futures atm, but I have a very tight stoploss incase something goes against me.



451. Post 10581542 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: camolist on February 25, 2015, 07:37:04 PM
finex now providing details on used and unused swaps:

https://twitter.com/flibbr/status/570656785377443841

what a surprise, >99% of all active swaps are already used in margin positions.

I actually would have never expected that high of a %

Im shocked at the % and it's clear which ever way it blows the losses will be heavy



452. Post 10582018 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: hassan3K on February 25, 2015, 08:31:09 PM
...
The things I say can't sound more like bullshit than the things you say. I live in the Netherlands. (Because you asked so nicely.)

Not sure what you're talking about, since I seldom make controversial claims.  What, specifically, did you find difficult to believe?

faggot

No need to step down to his level.




453. Post 10582435 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: Bassica on February 25, 2015, 09:40:05 PM


I want this.

That would be hilarious if it happened.  The squeeze would be painful.





454. Post 10584684 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: octaft on February 26, 2015, 12:19:30 AM

If I were the ignoring type, I would consider ignoring you simply because you don't seem to know what an appropriate paragraph is, or how to use more than one in your posts.  Undecided

Lol I was gonna same something similar.  I gave up when I got to the 3rd line.



455. Post 10591762 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: bassclef on February 26, 2015, 06:18:43 PM
The buyers at the auction will probably hold on to the coins for awhile

They are a lot more likely to hold than exchange users IMO.  The fears of them dumping on exchanges are pretty silly really.

My thoughts too. It creates a scenario where businesses who normally would not risk wiring money to an unlicensed exchange can buy large amounts from a trusted source. The bidders will be professional investors, not kiddies who trade their 2btc back and forth and troll Internet forums talking their books.

Not only that, but professional investors are the only ones with that sort of capital to throw around and most likely they will be holding for the long term. 



456. Post 10592149 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

Quote from: NotLambchop on February 26, 2015, 06:31:05 PM
...
Not only that, but professional investors are the only ones with that sort of capital to throw around and most likely they will be holding for the long term.  

Because unlike regular people, professional investors whales hate making quick profits, preferring to lose money.  Slowly.

These bear market days are numbered.  Once the real big investors jump in the bears will get slaughtered Ken style.  Of course once were at 400-500 you will still be here posting pictures of ponies and such i'm sure  Roll Eyes



457. Post 10595961 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.00h):

This is interesting




458. Post 10600497 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

Crazy ride from 236.


Think its gonna hold or is this just a pump before a weekend correction?



459. Post 10601337 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

Quote from: aztecminer on February 27, 2015, 04:16:55 PM
Crazy ride from 236.


Think its gonna hold or is this just a pump before a weekend correction?

I think it's going to be corrected :p


i think he is right....'chinese miner' gonna dump on us again here soon.......inevitable ..... however i think we will keep recovering and moving higher though overall . we finally won the battle for 240 250 ..

A lot of shorts are still open.  I wonder when they will realize the losses they have and fold..unless they waiting for a miner dump to close them.

Swaps are thin right now so any dumps would have to come from miners or a whale



460. Post 10605468 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

Support is so thin



461. Post 10606593 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

Do you guys think 250 is going to hold?



462. Post 10607091 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

Quote from: mtwelve on February 28, 2015, 03:51:45 AM
Think weekend will correct.... Volume is up which is always nice.

I think so to... Not sure what to do atm



463. Post 10634326 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

it must blow to be short right now especially those that shorted at 240




464. Post 10634831 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

Quote from: inca on March 02, 2015, 08:54:46 PM
The last two weeks sucked being a bear and expecting the price to drop cause it never really happened. I think the true bears aren't yet convinced of this rally. We will see 250s once again and they will be back saying told you so. But this is definitely gonna be liquidating some of the margin calls.

We are still at 20,200 shorts.

They may be underwater, but there hasn't been anything approaching a squeeze yet Smiley

350ish is when it will start to hurt

right now they are just hoping for these miner dumps



465. Post 10636534 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

Quote from: gentlemand on March 02, 2015, 11:18:58 PM

Yeah owning a boat is expensive as hell. Repairs, fuel, rent, winter storage, crew (if you have a yacht), taxes... you need a steady income for something like that, not a one-time Bitcoin cashout.

Lotto winners and professional athletes/musicians who come from humble beginnings run into this problem all the time---they underestimate how expensive a "rich" lifestyle is. Not to mention you have family and friends who feel entitled to handouts coming out of the woodwork.


You definitely have to be somewhat batty to go into large boat ownership unless you have major money to burn. It's a much better plan to butter up to a future BTC trillionaire, use one's masculine wiles to marry them and then sail away into the future with their gains.



My cousin's husband got a boat from an inheritance and the repairs and upkeep alone on it are ridiculous. 



466. Post 10636568 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.01h):

I think we will keep climbing all the way to 300 till we start seeing major dumps




467. Post 10644519 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: adamstgBit on March 03, 2015, 05:06:19 PM
you all ready for this?  Cool

Do you know something we don't know?  Wink



468. Post 10645388 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

stop losses kicking in!




469. Post 10647348 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: Hfertig on March 03, 2015, 09:27:53 PM
buying volumes are declining. Over bought territory. I believe it is time for bulls to take profit and bears to start shorting

Spoke to soon



470. Post 10647584 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: gotmilk_ on March 03, 2015, 09:48:43 PM
Hm... time to close the longs and take a really nice profit from 247$?  Grin

If you have a good loan rate you might as well stay with it



471. Post 10648265 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Shorts down to 15k now



472. Post 10648994 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: billyjoeallen on March 03, 2015, 11:32:07 PM
you guys seriousy think the downtrend is over yet? Shocked


No, but this short squeeze still has legs. I expect a pull back before the final massive assault on $300 that I think will break through. once $300 resistance is broken, $360 is within reach.


Hopefully 276-278

Be nice to get in there



473. Post 10650753 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Wow almost 19 million longs



474. Post 10658153 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: RD965 on March 04, 2015, 05:21:40 PM
Good morning Bitcoinland.

I see $280 seems to be holding.

Let's hope we finish above $290 today.

It needs a bit of retrace since we are in a pressure area

Probably coming back to .618 fib from last high before shutting up higher (possible double top)

https://www.tradingview.com/x/s0RBVpxG/

That's quite a pullback don't you think ?



475. Post 10658471 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: RD965 on March 04, 2015, 05:38:45 PM
Good morning Bitcoinland.

I see $280 seems to be holding.

Let's hope we finish above $290 today.

It needs a bit of retrace since we are in a pressure area

Probably coming back to .618 fib from last high before shutting up higher (possible double top)

https://www.tradingview.com/x/s0RBVpxG/

That's quite a pullback don't you think ?

Let me illustrate you a little bit more, lets see if you see it

https://www.tradingview.com/x/vPRmTP1R/


I can see it now

Thanks




476. Post 10660480 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: KryptoFoo on March 04, 2015, 08:56:00 PM
picked up more long. gonna bounce

How do you know?




477. Post 10662002 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Wow only 1500 to 280



478. Post 10662507 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: billyjoeallen on March 05, 2015, 12:16:33 AM
Are we all waiting for after midnight to buy?


i'm waiting on the 'four punch raiders' and 'chinese panic' flash dump raids to buy moar. i thinking huobi could possibly have more bags to drop..... lol .

The Four Punch Pattern is at the short squeeze phase. You might make a profit picking up nickles in front on the train, but you might get flattened.

I agree

Shorting right now is almost suicide



479. Post 10663010 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

not much trading at all  Undecided




480. Post 10663359 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

finally some action!



481. Post 10663783 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

shorts are starting to pile up again



482. Post 10664219 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

You guys think 268-270 will hold?



483. Post 10668798 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

At least the USD swap rate is inching lower



484. Post 10668839 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

Quote from: Erdogan on March 05, 2015, 02:37:58 PM
So how do we know that some whale or whales weren't planning on buying 50K coins or more on the open market and instead are buying them at auction? In other words, How do we know that this sale isn't already priced into the market? It's not like this auction is a surprise or anything.

If it ain't, then why is it still in the talks and making people think they will see some hikes because of this?
Everyone's talking about the roller-coasters, I think we should let them talk and the naked price action will speak soon. Wink

You are true, there's actually nothing surprising as there are exchanges where whales can buy those many coins without just going for an auction and harm their anonymity...

At best there is a small risk reduction after the auction is finished, the fiat paid and everyone is happy. That means, after the completion, sell the news. But sell what? Bitcoin or dollars?


Anyone putting up this kind of capital is a serious invester.  No one is going to buy these and dump them right away.



485. Post 10670736 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.02h):

similar no?




486. Post 10683663 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: _AquaRegia on March 06, 2015, 08:18:03 PM
Oh, yet another fake chinese pump before a dump, sheeple do like to follow chinese pied piper.

The question is: why do chinese pumps always happen in the middle of the night in their timezone?

sleep walking




487. Post 10684449 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Almost 20 million in longs now



488. Post 10687351 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

20million longs now



489. Post 10693614 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Tzupy on March 07, 2015, 06:26:21 PM
The triangle seems to break to the upside. But no major pump yet, hmm...

We are slowly going up, it doesn't feel like the usual pumps.

Price gain is limited (yet), but market indicators are in the overbought zone. I closed my long, just in case, may reopen later.

Time to short?  Grin



490. Post 10693676 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Oh man this shit is gonna pump hard



491. Post 10697697 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: coinableS on March 08, 2015, 01:59:58 AM
I have some extra fiat... buy now or wait for a dump?

You can probably get a better average from waiting a bit. 



492. Post 10712554 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: abercrombie on March 09, 2015, 02:44:18 PM
Bought about 34 BTC yesterday, up 2% already.  Going to dump most it today, rest of it by tomorrow.  Stop loss at $280.



Good luck with that



493. Post 10713333 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Looks like a few longs taking profit.  Hopefully not to many more join in or else this could be bad



494. Post 10714939 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Took 33% profit

Will buy back in if it drops




495. Post 10715504 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quite a bit of shorting taking place in futures



496. Post 10716280 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

If these longs start so take profit soon it's going to get ugly (probably about 2million in longs since 275)

You guys think we will hop over 300?



497. Post 10716314 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: keithers on March 09, 2015, 08:18:41 PM
If these longs start so take profit soon it's going to get ugly (probably about 2million in longs since 275)

You guys think we will hop over 300?

I would love to see us sustain prices above 300...it seems like it has been forever since we have done so (even though it hasn't really been that long)

Im hopeful, but part of me doesn't buy this at all.  This almost seems to perfect



498. Post 10717065 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

I think were going to drift back down a bit



499. Post 10719244 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Stamp just isn't feeling this rally.

I don't think there is even enough fiat to break 300



500. Post 10720360 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

I don't think 300 is coming tonight



501. Post 10720738 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Buying support is also slowly being taken away



502. Post 10725231 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Brewins on March 10, 2015, 01:52:23 PM
can we just break 300 now?

So I won't feel the desire of checking the prices every 2 seconds

I think it's more likely we test support again rather than 300.  Everyone was waiting for 300 last night and instead of selling at 300 everyone sold at 298-297.  We're also in bear whale territory so shacking out these weak hands is a must



503. Post 10728061 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Something doesn't feel right to me is it just me? (im running on very low sleep)

It's to quiet right now and to be honest I expected more volume breaking 300 and strong support at 298-300 level to take it...

Anyone else feel like I do?  I also feel shitstamp is fucking this up for everyone



504. Post 10728357 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: gizmoh on March 10, 2015, 06:36:57 PM
Something doesn't feel right to me is it just me? (im running on very low sleep)

It's to quiet right now and to be honest I expected more volume breaking 300 and strong support at 298-300 level to take it...

Anyone else feel like I do?  I also feel shitstamp is fucking this up for everyone

Agreed. The technicals are here, just not enough Fiat on exchanges to push further.
Lets hope folks who previously cashed out higher come back in the game.


Ok I feel a bit better knowing I'm not the only one feeling like this.

A lot of people cashed out last night and today and the exchange was more margin longs at a higher interest rate.  



505. Post 10731271 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: uhoh on March 10, 2015, 10:59:11 PM
all I can see are some frustrate bulls not being able to reach 320 and close their longs on some suckers.

I am cool.




all I can see are some frustated bears not being able to reach any closer to 200 and get some cheap coins on some suckers.

I am cool


well, we can still hit 360 and then go into 100 territory, so I wouldnt be so cocky if I were bull.

and volume means shit. we all know that from china exchanges. you bullshave noticed that even china is following bitsatmp.  any explanation?  Undecided

You know the reason. The one I've been regurgitating over and over like a broken record*... all other things being equal, non leveraged non-zero fee volume has more impact than leveraged zero fee volume.

Doesn't mean Finex or Chinese volume doesn't matter, obviously not. But it means, Finex matters despite OKC's or BTCChina's volume being higher by a factor of 2 or 3, and even Bitstamp matters, despite volume being 1/10 of the big Chinese exchanges.

"Matters", for a brief moment, that is. Don't think it'll change the course, just delay the arrival a bit Tongue



* Yes, I like my metaphors mixed, not stirred Cheesy


could be that or it could be that bitstamp is the only legit exchange that isnt involved in some form of fracional reserve/cooking of books. I am still laughing my ass at that bitfinex guy saying that he is trading on his own exchange.



Well considering that Stamp have lost 17,000 coins (and a lot of trust in the process), that seems like the least likely explanation.

Did they ever buy back those 17k?  I haven't been following them



506. Post 10731702 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.03h):

Quote from: derpinheimer on March 10, 2015, 11:38:52 PM
People are opening longs at 0.75% a day FFS! The entire USD Long end has been wiped...

Last time this happened, the price dropped 30% the 30 days following the spike. Obviously, this isn't reason to believe it will happen again in that same way, but it is a possible warning sign.

If price doesn't start to go up soon then they will most likely close the positions.  The % is to high to justify the loan rate for a declining/sideways price.




507. Post 10738215 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Daym 21mill and price not over 300 yet?



508. Post 10740976 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Quote from: uhoh on March 11, 2015, 07:07:04 PM
i think we have reached our peak already for this pump. dump time again.

What chart are you watching?!

The chart thats upside down

 Roll Eyes



509. Post 10752878 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Quote from: uhoh on March 12, 2015, 06:06:09 PM
$300 tonight, let's hope we stay above this time

If we slay that bear whale



510. Post 10752944 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Actually were going down.  I just ordered 2500 from circle and usually when I buy the price tanks

Sorry guys it's my fault



511. Post 10753540 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Quote from: aztecminer on March 12, 2015, 07:01:12 PM
$300 tonight, let's hope we stay above this time

If we slay that bear whale


ruh roh ... did u hear that everybody ?? there is a bear whale. everyone stay calm... we will get billyjoe to get the 'four punch raiders' to take him out with a quick and powerful 'chinese panic' flash dumps and right when he thinks is great moment hit him with the short squeeze. got it everyone ?? ok break. on 10. go.

LOL

Realistically I think the situation is that longs are way over extended at a ridiculous interest rate and if the price doesn't start to move upwards soon enough we will come crashing down.  Just like how BJA spoke about a cascade of shorts going up, I think the tables have flipped.

Ever since BTC broke 300 I have had a bad feeling and it's getting worse and worse.  I am continuing to buy, but i'm out of leverage till we figure out which way the market is going to go.  Id rather jump in late than get burned.



512. Post 10767247 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Quote from: SkyValeey on March 14, 2015, 01:35:12 AM
pretty sure its perfect time to buy



Definetly NO.
Maybe in low 27X $.


271-273

If bears go in for a picnic then 265ish. 



513. Post 10773213 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Spread of quarterly futures vs index price vs bitfinex is insane



514. Post 10773957 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.04h):

Almost 22 mill longs

This is starting to get interesting



515. Post 10815489 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

I don't think the bottom is quite in yet....It's close, but either way its cheap right now  Grin




516. Post 10815547 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: Fatman3001 on March 18, 2015, 07:47:24 PM
I don't think the bottom is quite in yet....It's close, but either way its cheap right now  Grin



I might be oversimplifying here, but the bottom is where people start buying?

I don't see much buying.



When I mean close I mean 254-258



517. Post 10815614 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: adamstgBit on March 18, 2015, 07:55:06 PM
we're doomed

At least the longs haven't cashed out yet.  Sucks being underwater like that especially at a high %.  




518. Post 10818332 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Ok this is becoming a lot worse than I expected

Where is the bottom!!!



519. Post 10818359 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: LFC_Bitcoin on March 19, 2015, 01:34:53 AM
This is ridiculous.
There are some weak mother fuckers around reacting to bad news & a sell off.
I'm expecting to wake up tomorrow & see 230 USD.
Embarrassing.

Whats the bad news?  I haven't been following anything today

hectic work day



520. Post 10818391 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: coins101 on March 19, 2015, 01:37:07 AM
Usually Litecoin sees an immediate bump when BTC dumps.  Not today.

The writing is on the wall for LTC. It's failing.

I shorted ltc about 47 hours ago.  Im a happy camper right now  Grin

to bad i couldn't do x20 leverage on it..only 10x



521. Post 10818521 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: poncho32 on March 19, 2015, 01:48:18 AM
This is ridiculous.
There are some weak mother fuckers around reacting to bad news & a sell off.
I'm expecting to wake up tomorrow & see 230 USD.
Embarrassing.

Whats the bad news?  I haven't been following anything today

hectic work day
Well, the latest drug market place BTC scam.
I don't know the exact number but I think 40,000 odd coins scammed & stolen.
Presumably them being dumped caused this avalanche.

EuroTrash says 130k BTC were stolen.


Anyone have a link to the 130k on the blockchain?



522. Post 10818567 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: BlindMayorBitcorn on March 19, 2015, 02:03:54 AM
This is ridiculous.
There are some weak mother fuckers around reacting to bad news & a sell off.
I'm expecting to wake up tomorrow & see 230 USD.
Embarrassing.

Whats the bad news?  I haven't been following anything today

hectic work day
Well, the latest drug market place BTC scam.
I don't know the exact number but I think 40,000 odd coins scammed & stolen.
Presumably them being dumped caused this avalanche.

EuroTrash says 130k BTC were stolen.


Anyone have a link to the 130k on the blockchain?

Was that what a 130k coin dump feels like??

lol no

130k would take us to double digits combined with the stop losses etc.. in any case dumping more than 10k at once is pointless since you don't let the market recover



523. Post 10819267 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: WeltMaster on March 19, 2015, 03:48:48 AM
Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad
Dude, the margin call is nasty as you've seen. Stop playing that game and trading when the vipers are typically on the other end of the game. Just buy and hold with your expendables and wait til the market comes back up instead of setting yourself up to get crunched. My God... Don't be afraid to take a minimal loss but manually sell when things get too underwater for you on your own. This is the double loss playing the trading game on the long or short that all relaxed players should chill on.

Now, you're gonna see the wrath of the trolls. I've seen this play out before and never would open myself up to this unfolding on my face like that. The vast majority of traders (like 66%+) will get nailed, that's why people should just take their stance and let it ride w/ a short stop loss in a mental fashion.

Yeah you're right, I'm all out of margin now. Moving to storage and taking a break for a while, good luck and happy trading everyone

Was it 20x or 10x?  20x is scary shit which I still dabble in here and there.



524. Post 10827769 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

Quote from: michaelGedi on March 19, 2015, 11:26:41 PM
so let me get this straight, 700k went long on that spike to 269.5 on finex, and at about the same time 450k went short. I guess one could well have been in response to another. It looks like the long was a margin buy, did anyone see it?

Everything on Bitfinex is margin which is scary in itself.




525. Post 10833293 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.05h):

There could be a possible dump on both btc/ltc.  There seems to be improvements on the ltcgear front and there is a slight chance we could be paid (for those who own ltcgear shares).  There's about 13-14 weeks of funds that could potentially be paid out and I know a lot of people need to convert to fiat.  In terms on how much can or could be paid out were talking in upwards of 2-4 million (possibly more).  I think the site is split on 50/50 btc/ltc payment

Keep that in mind



526. Post 10842025 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Ouch I see shorts are almost back to 20k




527. Post 10842518 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: tarmi on March 21, 2015, 03:56:48 PM
Ouch I see shorts are almost back to 20k




 Undecided


what say you?

short squeeze incoming?

Hell if I know.  I thought for sure I would of woken up to 240's.  It's a long way back to 300 and almost 9k to 290.  Seems like 260 isn't going to hold for to much longer.  Whoever is selling is doing it a lot smarter by letting the bids recover a bit.

I don't know anything anymore, it's just crazy we have so many longs at a crappy rate and that is what worries me.



528. Post 10854212 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: inca on March 22, 2015, 10:11:08 PM
Checking my post history?!  Op sec in this place is pretty tight.  Right on!

You registered within two days of NLC..who you clearly are.

Edit: Ignored. Just in case you try and respond.

I can confirm its nlc.  This account was aimed back at Ken Slaugheter as well back in the actm days.

All his sock accounts he used to troll ken with are now in this thread



529. Post 10863454 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: D05GTO on March 23, 2015, 07:16:25 PM
Longs coming down.. Knew that was a bit top heavy there.  To much resistance to actually push.  Maybe an epic bear trap.  Go short everyone Tongue

I hear kidneys are worth quite a bit on the black market.



530. Post 10864634 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: coinableS on March 23, 2015, 09:18:22 PM
Are those real buys, or more leveraged longs? This is getting interesting!

Looks like the real deal to me. The news is significant enough and could lift the price easily. Anyone has an ETA on Fidelity's launch? Adam? Roll Eyes How Soon is "soon"? Wink

Wait, what news?  What did I miss?

This was posted a few pages back...

http://activequote.fidelity.com/webxpress/get_quote?QUOTE_TYPE=D&SID_VALUE_ID=GBTC&submit=Quote



531. Post 10865062 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: barbs on March 23, 2015, 09:22:11 PM
I'm a little bit bitter that I didnt catch that pump. not going to lie

I wouldn't call that a pump.



532. Post 10865161 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: coinableS on March 23, 2015, 10:06:45 PM
Up to 24.5 million. Last hour sentiment 93.9% went long...




We will be at 25 million soon enough.



533. Post 10872085 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: sAt0sHiFanClub on March 24, 2015, 03:03:16 PM
Looks like another dark market might go down?  

http://www.reddit.com/r/Bitcoin/comments/304rhd/why_the_fck_are_we_dropping_faster_than_a_fat/

Code:
"Evolution market just exit scammed, and now if you head over to /r/darknetmarkets you
can see that Agora, the second largest market (now largest), has just said they're going offline for
24-48 hours for a "security update." People are extremely nervous to say the least. If Agora runs off
too then that's basically the entire real economy of bitcoin going poof."

I'm so glad that I 20x leveraged into wheelbarrow futures.  Niggas gonna need'em to shift that much coin....   Cool Cool Cool

20x for pussies

50x is where it's at



534. Post 10872723 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Any guess when the long stop losses start to kick in?



535. Post 10872804 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: tarmi on March 24, 2015, 04:58:42 PM
Any guess when the long stop losses start to kick in?


I say below 220.

Hmm almost 24 mill now.  Looks like some just threw in the towel



536. Post 10873487 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: coinableS on March 24, 2015, 05:02:54 PM
Any guess when the long stop losses start to kick in?


I say below 220.

Longs still at 24 million, doesn't look like too many have closed their position from this $30 fall.

Some have..but i'm more curious how things will play out if we start hitting into the 230's.  I'd image some stop losses are in there.  A lot of people went long at 290-298 trying to take down 300 the other week and they are upside down right now.



537. Post 10874273 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Fatman3001 on March 24, 2015, 07:25:19 PM
Really hope this price holds until pay day Friday.

It looks rather uneasy. Maybe you'll get an even better discount.

we just keep swinging from 245-247




538. Post 10875382 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Fatman3001 on March 24, 2015, 09:16:19 PM
$250!!!!

Wooo Hoooo !!!!!!



LOL, the price drops $20 in the space of 24 hours, then bounces $5 and suddenly we're heading to the moon  Roll Eyes

Been a rough day, had to give it a shot.

We might end up over 250 in a few hours..give it a little time.  Volume isn't to high atm either so  Wink



539. Post 10882819 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Santa Claus came to visit my bids last night.  

500 contracts filled at 234  Grin  Unloaded @ 252 and opened up a few short at 253.. waiting now




540. Post 10887869 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Seems like it's stabilized for now



541. Post 10889256 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: abercrombie on March 26, 2015, 02:23:24 AM
Looks like another dark market might go down?  

http://www.reddit.com/r/Bitcoin/comments/304rhd/why_the_fck_are_we_dropping_faster_than_a_fat/

Code:
"Evolution market just exit scammed, and now if you head over to /r/darknetmarkets you
can see that Agora, the second largest market (now largest), has just said they're going offline for
24-48 hours for a "security update." People are extremely nervous to say the least. If Agora runs off
too then that's basically the entire real economy of bitcoin going poof."

Per the Whale Club, Agora is back up and running.

Yeah but the evo coins are still on the loose



542. Post 10892689 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: tarmi on March 26, 2015, 01:19:34 PM
that 2k buy on bitfinex was a shorter who panicked.

thanks dude, great entry point for my new position.

btc you have my permission to crash & burn again.

How do you know? Bfxdata still showing over 23k shorts for me


they always lag. besides, it was pretty obvious.

I think we can make another leg or two soon just to scare those shorts in the next couple of days.

I think the lag is sometimes up to 15 minutes.  I've seen it update quicker than that on occasion.



543. Post 10893834 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Cassius on March 26, 2015, 04:13:33 PM
What are current amounts of borrowed money for longs/shorts? Is there a good place to find this for the whole market?
Weekly report time...

BFXData.

Currently 22k in BTC shorts and 24 million in longs.

Thanks. Interpretation? That's a lot more in longs unless I've misunderstood it.

yeah about 4-5x in USD.. at least there isn't to much swaps available, but that doesn't mean to much really...plenty of usd to go around =)



544. Post 10894562 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: adamstgBit on March 26, 2015, 05:30:01 PM
any minute now, tarmi will realize that he needs to double down on his short.

Nah, he stated earlier he is waiting for higher prices which i'm sure he will get in a few hours.



545. Post 10894722 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Bitcoiner_cph on March 26, 2015, 05:46:00 PM
are those 2 times 200 BTC sells on Bittinex real, in the sense will they stay=??? if so, it looks like we are going down in price??

If they wanted to take it below 250 they could of done so hours ago... Also if they are going to short it would be done a bit higher



546. Post 10894891 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: bassclef on March 26, 2015, 05:54:42 PM
Walls on both sides of the orderbook. I think we're in a holding pattern until we find out more about when the otc fund starts trading, and how much demand there will be for it. It'll be a good chance to mark the price up ahead of those wanting to get in.

Edit: I think there is a good chance there will be solid demand based on overall professional interest from Wall Steet, anecdotal evidence from Winklevii and the guys @ Bitpay (who trade a with basket of currencies) about hedge funds and investment firms looking to take positions, also high interest in the government auctions.

It opens the doors for people who don't wish to open up a Coinbase / Circle / Gemini account.  Owning btc without the hassle of having a wallet is a plus for a lot of americans.




547. Post 10894911 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: BlackSpidy on March 26, 2015, 04:50:48 PM
So if I understand the four punch raiders thing... this should be the short squeeze, right?

Were far from a real short squeeze.  If anything were closer to a long (probably a lot of stop losses in the 220's)



548. Post 10895088 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: SkyValeey on March 26, 2015, 06:24:37 PM
So if I understand the four punch raiders thing... this should be the short squeeze, right?

Were far from a real short squeeze.  If anything were closer to a long (probably a lot of stop losses in the 220's)

Yes. 12m or 6m swaps chart leads to conclusion that big price drop = longs drop, and we're pretty high with longs now.
Ofc we don't know for sure, but maybe longs needs to drop/crash so we can go higher in price.

More demand




549. Post 10895188 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: tarmi on March 26, 2015, 06:35:58 PM
big hedge fund secretly approached a guy and took positions nobody is aware of.

well, fuck me, I better buy this.
no, you should short it.


now I am confused...

 Undecided

should I buy it, short it...or wire half a mil to bitfinex to push this to 260? please advise.

You should open up a short right now  Cheesy



550. Post 10895334 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: JimboToronto on March 26, 2015, 06:56:29 PM
$254 at finex

This is a weird looking crash

Crashing upwards?  Cheesy

Best kind of crash =)



551. Post 10896976 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

only 1,100 back to 254.. just sayin



552. Post 10898519 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

No resistance at all coming down



553. Post 10902572 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Tzupy on March 27, 2015, 01:41:05 PM
Western exchanges seem willing to crash again, but China not yet. Interesting, if the opportunity to crash will be missed, we may go up.

I think it's to late.  If we were going to crash it should if happened already.  Markets usually do the opposite of what people expect, so I would t be surprised if we go up from here taking 258-260.  A weekend crash from there is more likely.



554. Post 10902674 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: tarmi on March 27, 2015, 02:16:25 PM
Western exchanges seem willing to crash again, but China not yet. Interesting, if the opportunity to crash will be missed, we may go up.

I think it's to late.  If we were going to crash it should if happened already.  Markets usually do the opposite of what people expect, so I would t be surprised if we go up from here taking 258-260.  A weekend crash from there is more likely.


sounds like a plan.

everybody just buy. those longs need you.

Let me ask you this, are you shorting here at these levels, or are you waiting for a higher entry point?



555. Post 10902714 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: tarmi on March 27, 2015, 02:31:46 PM
Western exchanges seem willing to crash again, but China not yet. Interesting, if the opportunity to crash will be missed, we may go up.

I think it's to late.  If we were going to crash it should if happened already.  Markets usually do the opposite of what people expect, so I would t be surprised if we go up from here taking 258-260.  A weekend crash from there is more likely.


sounds like a plan.

everybody just buy. those longs need you.

Let me ask you this, are you shorting here at these levels, or are you waiting for a higher entry point?


already did yesterday at 255. not a big position though.



Bitfinex?



556. Post 10905135 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Trolfi on March 27, 2015, 07:13:52 PM
Don't sulk.
Ya, this is boring. How about you tell us about love.




With the amount of time he spends trolling these forums do you honestly think he knows anything outside of it?



557. Post 10905687 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Buy support is increasing very nicely.  Nice to see its not 5-6k to 230 anymore



558. Post 10905946 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: inca on March 27, 2015, 08:21:51 PM
Busy for the next month so just dropping in to say just bought more bitcoins. Bit too easy with circle really Smiley

EDIT: it just takes 10,000 inca's to buy up the entire mining supply each month. Pretty crazy how small this market is.

Circle is the best way to buy now. 



559. Post 10906109 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: LFC_Bitcoin on March 27, 2015, 08:48:30 PM
I've never used Circle.
How quickly do any BTC you purchase go into your wallet?

I use Bittylicious in the UK.
They charge a little over the going rate but it's very quick & simple to use.

Anybody?

Credit card $500 a week/per 7 days (instant deposit)
Bank $2500 a week/per 7 days ($500 instant deposit, remaining 1-2 days)



560. Post 10909038 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: lyth0s on March 28, 2015, 05:06:44 AM
enjoying these bears borrowing bitcoin at 0.07-0.49 (i dont get why the people borrowing my btc at 0.49% daily do not just reborrow from the market..rates are so much cheaper now...but i'm not complaining)

just received 0.12 BTC for the past day  Grin

another day. another log entry
Swap Payment on wallet deposit   0.1172816

no idea why they are still borrowing my coins at rates .1999, .3999, and .4999% daily when they could easily change out for the markets 0.07 but whatever i can't complain

Which market is best for leveraged buying/selling Bitcoins atm??? 0.49% daily?? Where?

You can leverage 20x on OkCoin futures, which is probably the highest leverage I've seen currently in regards to bitcoin. You have to be careful though as future markets are more easily manipulated than the typical non-leveraged buy/sell order books of exchanges.

I agree

Best advice is build positions small and slow or have enough btc available to protect your position



561. Post 10909060 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Almost 24k shorts...



562. Post 10912006 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Bud side thinning out again

Bear trap?



563. Post 10912968 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: tarmi on March 28, 2015, 02:30:01 PM
Bud side thinning out again

Bear trap?


no dude. it doesn't work that way. you don't push the price up on low volume and then remove buy support.

unless...

 Grin

I got lucky during the night and opened up a short at 262.  Debating right now if I should add or not

Stop loss at 260 so either way I'm good



564. Post 10914191 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: macsga on March 28, 2015, 06:56:26 PM
I'm now persuaded that NLC is a teamwork. Could be anyone who funds(?) this operation though. From M. Karpeles to the Wall St. boys who want to accumulate moar for less. Under no circumstances could ONLY ONE person be handling all this trollfest by its own. On the other hand it could be feasible if he had zero personal life... oh wait...  Grin

It's actually quite sad  Cry



565. Post 10914733 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: camolist on March 28, 2015, 08:20:09 PM
I hear you.

bitcoin bulls are like drug abusers.



Currency   N. of Swap Contracts (of 1 unit each)   Rate (% per day)   Opened at   Expire in   Notify all
BTC   8.97808362   0.1999%   24 Mar 17:56   26 days   Notify
BTC   3.66641237   0.3999%   25 Mar 03:40   26 days   Notify
BTC   9.34648681   0.49%   24 Mar 16:32   26 days   Notify


idk what that makes bears paying these rates then  Huh especially when it would take about 2 seconds to refinance at 0.07%

.49% LOL




566. Post 10914866 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Coinshot on March 28, 2015, 08:40:36 PM
Would rather wait out till tomorrow and see where it is headed. Holding well over the weekend so far while I was dreading a rapid collapse, but there might be a mini crash tomorrow.

Charts look like there could be another leg down to 238-242.  I don't think we will see anything below that.



567. Post 10917272 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Quote from: coinableS on March 29, 2015, 04:00:17 AM
Is it bull party time yet?


Not yet

Soon




568. Post 10924912 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Was that suppose to be a dump ?



569. Post 10925664 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

240 is still holding up



570. Post 10926381 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Back above 240 for good or trap?



571. Post 10926483 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Mmm bear trap looks like now



572. Post 10926626 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.07h):

Wall @242 is the only thing holding this up



573. Post 10930440 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on March 30, 2015, 02:10:25 PM
but losing $ on fees and backwards trades (you're welcome) trying to not get caught with my pants down on potential dumps / pumps ... can we just get severe up or severe down movement and not more days of this shake shake shake crap yet ?  Cheesy


no, we must maintain this illusion of a perpetual rally-big pump coming up, so all of you noob traders could carry some of our heavy bags.

if you lose some $ in the process due to the fees and sideways movement even better. exchange operators and day traders are grateful. 

I guess i've been extremely lucky on the most part with 1 fuck up from last night.  I didn't close my short before it popped back up, so I missed out on 2-3 btc profit.



574. Post 10930650 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: 12345mm on March 30, 2015, 02:39:39 PM
but losing $ on fees and backwards trades (you're welcome) trying to not get caught with my pants down on potential dumps / pumps ... can we just get severe up or severe down movement and not more days of this shake shake shake crap yet ?  Cheesy


no, we must maintain this illusion of a perpetual rally-big pump coming up, so all of you noob traders could carry some of our heavy bags.

if you lose some $ in the process due to the fees and sideways movement even better. exchange operators and day traders are grateful. 

I guess i've been extremely lucky on the most part with 1 fuck up from last night.  I didn't close my short before it popped back up, so I missed out on 2-3 btc profit.

ahhh you must've not closed it in the high/mid 230's before it went back to mid 240's ... that's a pretty easy fuckup to make though ... it did *look* like it was headed off a cliff and then popped back up very fast ... a very well orchestrated bleeding shakeout if i do say so ... that one nicked me too as i sold low 240s and bought mid 240s having waited too long trying to get low 230's or better ... i imagine more than 1 person got some whiplash on that one ... at least the market looks like it wants to try upwards for the last few hours ... so ... doom , sunnyside up Smiley ... mmmmm doom eggs for breakfast ...

Well I saw it dump while I was watching walking dead. I was gonna wait till a commercial so see where it was then, but it shot back up  Embarrassed.  I've been lucky this past 3-4 days with bids catching the bottom and top while I sleep



575. Post 10930839 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Hmm up we go?



576. Post 10931778 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Dump3er on March 30, 2015, 04:38:39 PM
you reap what you sow

Oh rly? I'm here since 2012, most often bullish. Then there came the Nov 2013 bubble and I never saw entering such a horde of degenerated people in one move on any other board. And yeah, 98% of them were Bulls with a huge delusion of grandeur. You can blame the ongoing heavy bear market to them. But they will get what they deserve. There's more bear market on the horizon.

How far are you anticipating the drop to?



577. Post 10931932 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Looks like some longs are closing up and shorts going up.  Not a big jump, but just noting the change



578. Post 10933134 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Battle for 250 coming up



579. Post 10933378 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: adamstgBit on March 30, 2015, 07:14:20 PM
Battle for 250 coming up
249 . Resistance Is Futile



not much of a fight going on here



580. Post 10933500 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Even okcoin futures seem a bit slow or confused

i was expecting a lot more volume.



581. Post 10933672 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on March 30, 2015, 07:50:26 PM
Even okcoin futures seem a bit slow or confused

i was expecting a lot more volume.



on the way down you will get it.

250 now reminds me of 300.

Cheesy

Similar, but no volume and everyone blew most their ammo on trying to take down 298



582. Post 10933966 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Chef Ramsay on March 30, 2015, 08:22:58 PM
Could you give me your ignore list, and I will copy it.

Hfertig
ShroomsKit
luckygenough56
JohnPercent
sporket
FatherBob
Cassandra_PR
Silverspoon
mrkavasaki
Dump3er
William Henry Gates
Son0fLamb
Jammalan the Prophet
NotHatinJustTrollin
Wandererfromabroad
ChildPr0nzUsers
JihadCoinz
fuckoffstolfi
Hellomoon
Errydayrally
MightAsWellIgnore
AnotherAccount?
NewbieJailIsBadMmkay?
trelelel
EVOLUTION_A*D*M*I*N
SilenceOfTheLamb
BullTardLogic
Boooooooooring
btcponzieeg
kwukduck
MatTheCat
12345mm
exocytosis
Mervyn_Pumpkinhead
Wandererfromthenorth
tarmi
YourMother
fat buddah
homo homini lupus
Warren Buffett
Warren Buffert
NotHatinJustTrollin
Arpeggio
Second-base
bitards



It's really sad, until a few months ago I had a policy of no ignore list, trolls were generally annoying but they each had their moments.

But now it's just constant shitposts
Wow, thanks! There is no way for me to import the list automatically, but I'll use it as a reference and ignore when I see them. And I will start right now to weed out the most current. Thanks again!  Wink
These posters will stand out like a sore thumb and you'll get used to the commentary of garbage so you'll be more easily attuned to the new accounts that these puppets make. I don't mind bears like tarmi or skyvaleeny but the rest of these folks are just trolls and likely 20 of the above are all the same person.

As mentioned real bears like tarmi and sky etc shouldn't be ignored, but I can easily see how they can be put into the category of trolls.



583. Post 10935349 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: medialab101 on March 30, 2015, 11:13:39 PM
Just woke up to troll central it looks like. Price spike imminent...  Smiley

It's been like this all day.  Were off the high's right now and looks like sideways for a bit.



584. Post 10935607 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Somethings going on on okcoin futures

I guess the shorts are loading up

bids in 220's are really starting to stack up as well



585. Post 10940902 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on March 31, 2015, 02:05:51 PM
evo coins going to monero for mixing?



Makes sense since a mixer alone can't handle that volume of btc



586. Post 10940975 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on March 31, 2015, 02:20:12 PM
evo coins going to monero for mixing?



Makes sense since a mixer alone can't handle that volume of btc


yeap.

first darkcoin pump, now monero. I think litecoin will be the last.

if btc hits 250 again dont miss your last chance.

I shorted at 262 on okcoin qtrly days ago.  The extra btc I have available is to protect my position since we all know okcoin likes to do these insane swings  Undecided

Monero is up 142% lol



587. Post 10941413 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Sitarow on March 31, 2015, 02:52:38 PM
evo coins going to monero for mixing?



Makes sense since a mixer alone can't handle that volume of btc

XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.


They are not trying rather they're succeeding.



yep

There is also no real reason to buy xmr



588. Post 10941676 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

This is looking ugly now



589. Post 10941790 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: noobtrader on March 31, 2015, 03:45:19 PM
why only 2-3 usd movement ?

who can profit from this trade ? let it rise to 300 pls

20x and 50x leverage can with a good sized position.

Every dollar it ticks im making about .68BTC currently



590. Post 10941851 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: adamstgBit on March 31, 2015, 03:52:02 PM
why only 2-3 usd movement ?

who can profit from this trade ? let it rise to 300 pls

20x and 50x leverage can with a good sized position.

Every dollar it ticks im making about .68BTC currently

50x leverage!

you're kidding...

one move in the wrong direction and you're done.

I use 20x which isn't as bad

I have orders protecting my position, but my margin call is at 274? So I think I'm safe

I have a big order at 270 to protect myself



591. Post 10943518 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: aminorex on March 31, 2015, 06:35:54 PM
I think he means a setting for newbie jail.

That would be most welcome.

Theymos please reinstitute newbie jail!


Amen.  It's like 90% trollspam these days.

I wonder what the reasoning was for him removing it.



592. Post 10944088 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: LFC_Bitcoin on March 31, 2015, 06:56:58 PM
I'm looking at that herd of bulltardtrolls and i'll be damned...



Bears & trolls are outnumbering us these days.

I don't mind bears at all.  It's the troll bears that clog up this thread.



593. Post 10944328 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: gkv9 on March 31, 2015, 07:39:29 PM
...
pretty sure we have effectively stabilized bitcoin forever...

--- img snip ---

Don't know why but your name reminds me of the most powerful troll-er of Bitcoin World, i.e.;NotLambChop who has no life outside of bitcointalk

FTFY



594. Post 10945378 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: LFC_Bitcoin on March 31, 2015, 09:21:12 PM
Nice buy volume on FINEX.

?

I see nothing



595. Post 10945538 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: coinableS on March 31, 2015, 09:44:37 PM
Anyone hear of the altcoin shitcoin section?

It's a dead wasteland now.




596. Post 10945552 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Looks as if the bids are starting to thin out now




597. Post 10945676 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Probably a trap

Lets wait a bit



598. Post 10945947 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: SkyValeey on March 31, 2015, 10:20:48 PM
Probably a trap

Lets wait a bit


confirmed

too early to confirm.

staying at 1525cny + =out of triangle (and 1550+ is higher high).

i'm a bear 90% of time, but last days showed that 1450-1500cny level is strong support (i thought about fast huge dump with low 12xx-13xx.. didn't happen).

and btw. even if Btc is going to yearly low, rebound to 1600-1650 is possible.


At what price were your shorts opened up?



599. Post 10953047 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Looks like 250 is now sealed off



600. Post 10953228 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on April 01, 2015, 02:55:22 PM
Looks like 250 is now sealed off

Wait for the chinese wash later, break 251, then back down to 244. Its been like clockwork last few days.


Unless they get the april fool joke as well and give up?  Huh Huh


no, this time we will launch to 245.

then lower lows and then another bounce to 242.

till the real panic starts.


If 236 breaches 221 will come quickly.  After that I don't know since were in stop loss territory..probably cascade down fast from there.  If bulls step in and shoot above 250-251 we might have a few days in that range, but it doesn't look like it can happen right now.



601. Post 10956161 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Bids are weak for such news



602. Post 10956571 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

It looks like it would take about +/- 1mill to break 250 without factoring a support wall




603. Post 10957727 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: BitChick on April 01, 2015, 11:06:39 PM
how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over! Cheesy

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time.  I do a real estate transaction here and there and some other side jobs.  I was just thinking of finding something more permanent and full-time.  It would actually put a strain on the family to do so though.  Another Bitcoin bubble would make things just a little easier.  I am sure I am not the only one on here that feels that way. Wink




604. Post 10958349 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Firework time!!



605. Post 10961870 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Woah

Big buys



606. Post 10962181 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on April 02, 2015, 04:41:56 PM
Woah

Big buys


if you opened shorts in 255+ territory you will be just fine!

Im all good



607. Post 10963355 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: hdbuck on April 02, 2015, 06:55:00 PM


triple top. double bottom.

Interesting if they dont break it



608. Post 10963724 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

I think the dump is about to commence



609. Post 10964627 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: LFC_Bitcoin on April 02, 2015, 09:18:35 PM
Wonder what China will do when they wake up?




We will know if 30 minutes or so



610. Post 10964890 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

triple top

failed

down we go for the time being

triple bottom ??  who knows

interesting at least



611. Post 10965637 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

That buy support



612. Post 10966054 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Bulls seem very hesitant in taking this above 255, why is that?



613. Post 10966392 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on April 03, 2015, 12:41:20 AM
Bulls seem very hesitant in taking this above 255, why is that?

Wink

good question.

dont be fooled by bids. bulls just flashing their hands and it does not look so impressive from here.

I think we will see some action in the next few hours.  Okcoin contracts settle very soon and it looked like a lot of contracts were shorted earlier.  I saw several big orders of over 1k. Of course they could be longs taking profit, so I will have to assume it's a 50/50 split since I can't say for sure.



614. Post 10966525 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

This trolling has gone to a new level



615. Post 10967393 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Tabata11 on April 03, 2015, 05:11:33 AM

wait so are you a real person or a bot lol?

Bot



616. Post 10973685 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.08h):

Quote from: adamstgBit on April 03, 2015, 03:41:10 PM
wow shorts are actually increasing....

you'd think they'd cover knowing its going to be >300 in <2weeks

With the current order book it would take approximately 3.1million to reach $300 on bitfinex and that is without any surprises. 



617. Post 10982688 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

This is the most unimpressive bid wall I've ever seen.

240 to 224 only 4k coins? 



618. Post 10984067 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: inca on April 04, 2015, 09:27:22 PM

Bid side support building ..

After 240 the support is very weak



619. Post 10990894 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Just closed my long that I opened at 239.  These no volume spikes worry me a bit.  Short still open and going to add a bit more around 270-275 if it gets there.  Not sure what's going on but I have the same feeling I had when we broke 300 a few weeks ago which turned out in my favor.

Good luck all. (Each to their own)



620. Post 10998948 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Whats up with the bids?

240 to 230 is a joke, 2k coins?



621. Post 10999068 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: tarmi on April 06, 2015, 02:15:25 PM
Whats up with the bids?

240 to 230 is a joke, 2k coins?



yeah, it's been like that for days.

just watch those carefully stacked bids & support in 240 range vanish once we get closer to them.

best strategy to trap more noobs.

nice h&s patttern formed on the verge of breaking down



622. Post 10999185 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: abercrombie on April 06, 2015, 02:37:05 PM
Bitfinex down, guys.  I repeat, Bitfinex down!   Undecided

Edit:  Safari on my iPhone works, but IE, Chrome, FF doesn't work on my desktop on two separate computers.




working fine for me



623. Post 11004936 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

It's a battle of leveraged positions.




624. Post 11005129 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: derpinheimer on April 07, 2015, 01:22:33 AM
It's a battle of leveraged positions.





Seriously, somethings got to give here... More money says shorts are going to give first, but I imagine both cascading together..

I think it's the opposite, but we will see pretty soon how it unfolds



625. Post 11010186 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

more sideways  Undecided



626. Post 11010290 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: hdbuck on April 07, 2015, 03:04:53 PM
more sideways  Undecided

yep.. shoulder building. and then.. dump. Tongue

Yeah i've been watching it since yesterday.



627. Post 11011714 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: adamstgBit on April 07, 2015, 05:14:42 PM
stabilizing at 256 for a while would be cool.

And how am I supposed to gamble?
Buy LEOcoin

Lol



628. Post 11016661 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

252 won't hold much longer



629. Post 11020350 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Morecoin Freeman on April 08, 2015, 12:33:48 PM
Well, I anticipated this dump for days but it is way more mild than I expected.
I was looking for coins below $230 by now already, which probably will not even happen next week.

~ $245 strong buy.

Long term yes
Short term no

No shorts bothered covering which is a hint



630. Post 11020876 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: ensurance982 on April 08, 2015, 02:18:22 PM
Good morning Bitcoinland. We finally got a little movement, I see.

$10 isn't much of a dip to buy on but I suppose it's better than no dip at all so I'm glad I was up really early today and had a chance to rush down and buy a few more coins while the price was down.

By the time I got home the skid had slowed and the price had actually risen a couple of bucks. Lucky timing I guess.

How long now before we're back up over $250 or do we finally break below $240 after a week of failed attempts?

In lieu of popcorn I'll just have to make do with Mocha-Java. Mmmm.



I guess bears don't really have that many spare coins left in order to try to push the price any lower now. The bid-side is filled nicely and the ask side still rather slim. Unfortunately, only Finex is going up, the others seem a bit depressed (especially Huobi)...

Only 3k coins from 234 to 218...



631. Post 11021066 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: gkv9 on April 08, 2015, 02:24:09 PM
Good morning Bitcoinland. We finally got a little movement, I see.

$10 isn't much of a dip to buy on but I suppose it's better than no dip at all so I'm glad I was up really early today and had a chance to rush down and buy a few more coins while the price was down.

By the time I got home the skid had slowed and the price had actually risen a couple of bucks. Lucky timing I guess.

How long now before we're back up over $250 or do we finally break below $240 after a week of failed attempts?

In lieu of popcorn I'll just have to make do with Mocha-Java. Mmmm.



I guess bears don't really have that many spare coins left in order to try to push the price any lower now. The bid-side is filled nicely and the ask side still rather slim. Unfortunately, only Finex is going up, the others seem a bit depressed (especially Huobi)...

Only 3k coins from 234 to 218...

Do you think we are going down to past 200???
Are we going to see those days back??? I won't be happy at all, but would just see it as an opportunity to get in cheaper one more time, a one more chance...

Yes.

The opportunity for bears to at least squeeze some longs is close and I don't think they will give up right here.  In my mind I can see a few different ways how this could play out.



632. Post 11021270 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

wow not even okcoin is following bitfinex with those buys  Huh




633. Post 11021645 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Wandererfromthenorth on April 08, 2015, 03:12:47 PM
wow not even okcoin is following bitfinex with those buys  Huh


And longs are still going up.
Our underwater bullwhale friend still at it again?

The fact even futures didn't follow that buy is a bad sign imo

Looks like support is slightly being pulled as well



634. Post 11022360 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Any bets on how long 240 is breached?

I'll go with 3-4 hours



635. Post 11023005 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.09h):

Quote from: derpinheimer on April 08, 2015, 05:36:02 PM
And the shorts + longs just continue to pile up.

That was a really powerful dump though.

Theres about another 4k left to swap at a decent rate then it gets to pricey



636. Post 11024749 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Almost 27 millions longs

Almost an infinate money supply!



637. Post 11025293 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Fatman3001 on April 08, 2015, 08:42:55 PM
Almost 27 millions longs

Almost an infinate money supply!

Not sure if you`re just messin, but the cow starves while the grass grows.

I'm not convinced at least by one bit that this cow bear is starving.

I suggest you read up on posts by chessnut, RyNinDaCleM & masterluc.  They seem to have a good grip and understanding of how things are playing out. 



638. Post 11025358 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Whats the next major support level after $240-$242?

$235-$236 ? then $228?



639. Post 11025658 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: inca on April 08, 2015, 09:45:52 PM
Whats the next major support level after $240-$242?

$235-$236 ? then $228?

We get it, you are short. No need to push it Damiano.

Also those three chartists you mentioned are just following the trend. They (perhaps correctly) will continue to predict the price is going down until the exponential trendline is broken. How many chartists predicted the last two bubbles? Smiley

I play both sides of the field  Wink



640. Post 11025741 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Fatman3001 on April 08, 2015, 10:22:42 PM
Whats the next major support level after $240-$242?

$235-$236 ? then $228?

We get it, you are short. No need to push it Damiano.

Also those three chartists you mentioned are just following the trend. They (perhaps correctly) will continue to predict the price is going down until the exponential trendline is broken. How many chartists predicted the last two bubbles? Smiley
If he believes we're going down I don't see the problem. WO must be open to others than retards like you and me who can only make money on bubbles.

I enjoy reading and researching TA on both sides of the spectrum.  There needs to be a balance of both bears and bulls within this thread.  The trolling on the other hand is difficult to tolerate (I don't have anyone on ignore) occasionally nlc will post something that will make me laugh. 



641. Post 11032014 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Fatman3001 on April 09, 2015, 01:36:09 PM
Is $235 considered doom nowadays?  Huh Huh

You would think, since we touched this level 3 times in the past month alone, the bears would just give a shrug instead celebrating like we're at penny BTC already...


about doom....I really dont care, just >


THAT'S what capitulation looks like!

Not here, not now.  Also volume would be a lot higher. 

Bid side is very weak as well, although it could be bulls trying for a trap.  I still think were heading lower.



642. Post 11035286 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: gizmoh on April 09, 2015, 07:16:05 PM
We are at the point where we'll see epic squeeze. The problem I have is I just don't know in which direction.

Look at the last 15 months. look at the power of dumps killing days of rally in just a few hours. And look at the low volume during recovery.The trend is unchanged..why bet on a slim chance of trend reversal  Huh
Also, seems like underwater bull whale is out of ammo! Margin calling is going to rain coins beneath 200.


I would think 210-220's are the sweet spot to start the cascade.  Once it starts it's going to get ugly.



643. Post 11035687 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: gotmilk_ on April 09, 2015, 08:01:19 PM
Who is afraid of the big scary asks on finex.

Smiley

It reminds me of yesterday just before the 7k coin dump.

The bids were stacked up in huge walls towering over a flatland of asks. It might have appeared to a beginner that the price was about to soar up.

Instead it dipped by $10.

Now it's the other way around. The asks tower over the flat bids. It just proves how unreliable the order book is as a prediction tool.

It could go either way.


I bet 10k bitcoins for 2.6mil$ can be super deal for some people! They will come around Wink

OR

It takes one early adopter who has 30k+ bitcoins to risk 10% of his stash... send it to finex and go max long. Any candidates?  Grin

I think they have already done that  Huh



644. Post 11036349 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Wandererfromthenorth on April 09, 2015, 09:08:30 PM
Looks like trading on the Silbert fund on OTCX markets will start next week

They have been saying that for 3 weeks now, but okay.

Shouldn't have any impact on the price.  We all know they will be paying a hefty premium for those coins (if they want them)



645. Post 11036418 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Nothing like a slow grind down.



646. Post 11036938 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Wandererfromthenorth on April 09, 2015, 10:15:59 PM
As I wrote elsewhere:

-Insanely Low Bid Sum on all exchanges
-Decreasing volume since January
-$26M finex longs
-Broke almost all support trend lines


+ Current price action is very weak and decreasing volume bounces in between dumps...

We will probably move down into the 230's soon.  The bounce back / recovery from it was a lot weaker than the previous ones.



647. Post 11037079 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: macsga on April 09, 2015, 10:29:20 PM
It isn't so hard to understand the semantics here. No TA EVER worked for BTC in critical moments. Plus all we do is trying to eradicate our ignorance via lines and pennants. It may be a way that works on other things. BTC proved all this wrong. It does the exact opposite...
To me it always seems that TA with BTC works perfectly, a lot more than in other markets.
It's almost scary how predictable it can be sometimes. Especially in key moments.

Following a pattern while trying to put your money where your mouth is, is not the best strategy IMHO. Maybe it works for you; but seriously don't let it turn into a habit. This is a nice read that explains thorougly why I believe so: https://bitcointalk.org/index.php?topic=372346.0




Good read



648. Post 11039039 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: adamstgBit on April 10, 2015, 04:35:42 AM
So we going down again?

idk stamps is showing some pretty nice bids...

feels like 241. higher low



You can't trust any order book



649. Post 11043111 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

wow just wow



650. Post 11043294 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Looks like okcoin is down



651. Post 11043348 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: darkangel11 on April 10, 2015, 02:28:11 PM
Looks like okcoin is down
Too many people came in to buy at 2 month lows Wink

looks like it came back




652. Post 11043639 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Shorts are going up again



653. Post 11048754 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Perfect setup for a weekend crash



654. Post 11050577 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: coinableS on April 11, 2015, 03:10:55 AM
Finex making a run for $240?

wash buys and sells

Some people probably fell for it



655. Post 11054598 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: 12345mm on April 11, 2015, 02:33:14 PM
holy crap signs of life ... praise be to the internet gods ... sense of despair fading faaading faaaaaaading ... slowly being replaced with cautious optimism ... if we can crack 240usd/1500cny that'd be nice ... whatever gets us further away from the brink of 200 ...

To hard to tell if this is real



656. Post 11054703 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Quote from: 12345mm on April 11, 2015, 02:49:56 PM
holy crap signs of life ... praise be to the internet gods ... sense of despair fading faaading faaaaaaading ... slowly being replaced with cautious optimism ... if we can crack 240usd/1500cny that'd be nice ... whatever gets us further away from the brink of 200 ...

To hard to tell if this is real

agreed ... still ... a move that's not sideways or down is a welcome sight all the same ...

Looks like it was shorts closing..Why they would close here baffles me.  Looks like longs went up a tiny bit. 

To me it looks like this bear whale is taking the profits and possibly rolling them into longs slowly.  I think were still going down, but keep an eye on the long/short positions because once he feels satisfied this trend is going to reverse hard.



657. Post 11056589 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.10h):

Looks like the pump show is over unless it's a tarp



658. Post 11064842 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Ask side is starting to  strengthen.  Possible step down finally?



659. Post 11075186 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

It looks like it might tip any moment



660. Post 11075657 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: SkyValeey on April 13, 2015, 03:28:28 PM
It looks like it might tip any moment

Tip? You mean DIP? Smiley

Tip/dip bring it




661. Post 11076295 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: inca on April 13, 2015, 05:08:15 PM
Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

The same can be said for those who went long, especially those at 260-290. 



662. Post 11076852 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Woot just made 37 btc



663. Post 11077054 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

No long margin cascade yet




664. Post 11077153 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: gotmilk_ on April 13, 2015, 06:46:42 PM
No long margin cascade yet

Probably no update on bitfinex yet. That drop sure was full of margin calls... Finex engine was selling big.

Looks like it updated a bit

300k closed

Next dump will trigger quite a bit more



665. Post 11077932 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

When China wakes up, do you think they will show us up with a bigger dump?  Grin



666. Post 11078045 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: damiano on April 13, 2015, 08:04:08 PM
When China wakes up, do you think they will show us up with a bigger dump?  Grin

For the most part, but I have a feeling most were sleeping during this.




667. Post 11078635 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: itod on April 13, 2015, 09:14:11 PM
There doesn't seem to be much buying pressure here either. Nobody wants $223 coins.

Too expensive. Serious buying pressure expected at half this price.


shhhhh dont give away the plan



668. Post 11079295 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Dumping done for the day?



669. Post 11079560 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: BlindMayorBitcorn on April 13, 2015, 11:11:08 PM
Question: how will we know DOOOM when it gets here? Is it here yet? Is it in arrivals?

When you see a lot of shorts covering I think it's a hint.  Still have a lot of time



670. Post 11079618 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Tabata11 on April 13, 2015, 11:19:42 PM
Question: how will we know DOOOM when it gets here? Is it here yet? Is it in arrivals?

When you see giant 20-30k red dildos and the price dropping $30-50 in minutes. Pretty simple really.  

so we can potentially profit from whales dumping and pumping if we do it at the same time too ? Cheesy

If you spot it quick enough you can.  I wouldn't recommend it cause it's risky



671. Post 11085332 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

220 resistance is strong, or the whe is just playing



672. Post 11085367 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: tarmi on April 14, 2015, 02:24:55 PM
220 resistance is strong, or the whe is just playing


 Roll Eyes

dont be fooled, again.

Just observing. 



673. Post 11086387 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: gotmilk_ on April 14, 2015, 04:17:58 PM
Had a little long order at 217.83$ and it got filled. Knifes  Grin  C'mon bitcoin spike up would be great now!

probably should of waited a bit more to build or rebuild your long



674. Post 11086399 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: macsga on April 14, 2015, 04:07:22 PM
LOL poeple actually believe the squeeze will send price <100, oh boy you poeple are nutty.

FYI: I voted for that as well... Kinda hope it. You know; I might be able to buy back my 30BTCs Wink

I think worst case scenario 133



675. Post 11086422 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

dam pump mode



676. Post 11087466 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

She looks very healthy



677. Post 11087896 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Wings1987 on April 14, 2015, 06:50:55 PM
Starting to look ugly if you ask me. If buying pressure does not pick up holders will continue to bail at this price level.

Looks like lots of buying pressure to me. At least on finex.

don't get confused with the manipulation



678. Post 11088031 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Wings1987 on April 14, 2015, 07:05:24 PM
Starting to look ugly if you ask me. If buying pressure does not pick up holders will continue to bail at this price level.

Looks like lots of buying pressure to me. At least on finex.

don't get confused with the manipulation

What source are you using to see that? Doesn't look like large walls from what I can see. Looks like series of small orders.

This is a serious question. What chart/site/tool are you using to come up with that analysis?

There is an obvious pattern going on.  You can't rely on walls as some are fake



679. Post 11090474 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: rolling on April 15, 2015, 12:38:56 AM
Does everyone realize that taxes are due tomorrow in the US (April 15th)? The recent sell off is obviously miners cashing out to pay taxes. Nothing to worry about.

I think most have paid them already



680. Post 11090741 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Looks like pump support pulled?



681. Post 11095684 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Dam I just noticed that dump during the night on bearstamp




682. Post 11095790 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: josef2000 on April 15, 2015, 02:35:32 PM
When the dust settles there is no room for cloud mining. For cloud mining to makes sense you're dependent on ever increasing prices. And if you think prices will shoot up like that you should probably just buy coins.

Wrong. Both mining and cloud mining are the most effective when prices are stable. This way you can profit even if there's completely no price movement for a year. If the value goes up holding becomes more profitable and if the prices go down both mining and trading become unprofitable. The only thing that can bring you profit in such case is trading (waiting for small bounces and bull traps to sell).
I tried trading when the price was somehow stable (about 1-10$ bumps). But I never managed to make profit from it, because of the high fees. I didnt have much capital, only 0.5 btc and managed to only make 10$ in 2 weeks.
Am I doing something wrong or is my capital just too small?

.5 is to small unless you use leverage but with that it's to dangerous



683. Post 11096057 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: bitgeek on April 15, 2015, 02:58:34 PM
When the dust settles there is no room for cloud mining. For cloud mining to makes sense you're dependent on ever increasing prices. And if you think prices will shoot up like that you should probably just buy coins.

Wrong. Both mining and cloud mining are the most effective when prices are stable. This way you can profit even if there's completely no price movement for a year. If the value goes up holding becomes more profitable and if the prices go down both mining and trading become unprofitable. The only thing that can bring you profit in such case is trading (waiting for small bounces and bull traps to sell).
I tried trading when the price was somehow stable (about 1-10$ bumps). But I never managed to make profit from it, because of the high fees. I didnt have much capital, only 0.5 btc and managed to only make 10$ in 2 weeks.
Am I doing something wrong or is my capital just too small?

.5 is to small unless you use leverage but with that it's to dangerous
That's right. With 0.5 invested and a $10 bump, in an ideal situation, you'll get $5 -tax. It's not worth it really, unless you're doing it to learn.
You can of course profit on these small moves, most traders do, but the more coins you have the better.

I usually start with 2 btc @x20 leverage and work my way up, once I have 6-8 I cash out the extra and start again with 2.  Given the current market conditions I haven't cashed out yet since the potential to profit is very high.  This bear wave is strong and I don't see it ending anytime soon.  



684. Post 11096587 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Ask side is slowly growing and bid side is slowly weakening.



685. Post 11098573 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

red dildo time



686. Post 11100355 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

holy shorts batman

+1500 just opened up



687. Post 11100394 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: LFC_Bitcoin on April 15, 2015, 10:49:35 PM
holy shorts batman

+1500 just opened up

Bear trap

doesn't fit

more like a bull if you ask me



688. Post 11100503 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: gentlemand on April 15, 2015, 11:06:57 PM

Maybe some good news from China in next few hours  Wink


Has there ever been good Chinese BTC news, like, ever?

Maybe they will ban bitcoin again



689. Post 11101067 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Interesting all these coins being bought with no long margin  Huh



690. Post 11101165 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Bid walls vanished



691. Post 11106313 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: alesx.onfire on April 16, 2015, 02:56:32 PM
can we expect a dump, at this point?
(again?)

I'm leaning yes. 

We got here from 3k shorts closing (mistake? or ones being closed from being open much higher) and the drop from 1k longs closing.  Plus there was some buying (manipulation?).  Bitfinex bulls are addicted to margin and I find it hard to believe this was fresh fiat sitting around jumping in (no longs opened)

Just the whales playing ping pong

This is however my opinion and others might not agree, but if anyone has better insight or understanding please chime in



692. Post 11106849 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: jaberwock on April 16, 2015, 03:49:20 PM
Has the pump officially finished?

Looks like it




693. Post 11108353 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Rally ran out of gas?



694. Post 11108557 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: LFC_Bitcoin on April 16, 2015, 06:57:55 PM
Rally ran out of gas?
I've never seen you say anything remotely positive re: bitcoin.
Are you desperate for cheap coins because you missed out taking the plunge in the early days or something?

I was bullish before the failed attempt at $300. 



695. Post 11108941 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 16, 2015, 07:33:49 PM
Rally ran out of gas?
I've never seen you say anything remotely positive re: bitcoin.
Are you desperate for cheap coins because you missed out taking the plunge in the early days or something?

I was bullish before the failed attempt at $300. 
Unlike adam, damiano is a contrary contrary indicator. It's really annoying.

No, that would be Tarmi.



696. Post 11110662 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Shatoshi on April 16, 2015, 11:06:29 PM
So, is this 225 wall on bitfinex "real"?  Tongue

Only one way to find out  Wink




697. Post 11112042 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Torque on April 17, 2015, 02:53:24 AM
Not surprised at all to see price bounce off the totally-not-fake $229.99 resistance wall.   Roll Eyes

Do whales really think we're still this stupid, after watching the charts closely for 2 years now?

All the action was fake. 

The second it dropped shorts started to get filled.  I'm very curious of his next strategy since no takers 228+



698. Post 11114726 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: noobtrader on April 17, 2015, 10:50:29 AM
okcoin is gone

jstolfi just said they were real .... got coins?


last price on ok coin was 283 which make all short margincalled, btw is that mean the coin is real ?

What are you talking??? Price hovered around 225

http://bitcoinity.org/markets/okcoin/USD



https://np.reddit.com/r/Bitcoin/comments/32wjjm/okcoin_futures_just_settled_at_284_instantly/


EDIT : http://i.imgur.com/vpszC6u.png



https://mobile.twitter.com/OKCoinBTC/status/589002676446171138



699. Post 11114793 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: noobtrader on April 17, 2015, 11:06:51 AM

still dont know how they will do this retractment Huh

Can we please start calling them 0kCoin please. I smell a new Gox in the making.

0kcoin ?


Not difficult, just rolling back the servers from before 4pm. 



700. Post 11115045 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Okcoin back and smooth

All my shorts are still intact (incase if you guys were worried)

 Grin



701. Post 11115917 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Tzupy on April 17, 2015, 01:20:21 PM
Why is Bitfinex so bearish compared to others?


That. BTC-E is normally $5-10 under finex.

Still over 25 million $ in longs. If they would close, they would wipe the bids multiple times. Probability of a long squeeze during a new crash is high.

It's going to get ugly pretty soon, bids are so thin currently



702. Post 11116172 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: inca on April 17, 2015, 01:41:31 PM
My play stash is waiting to buy in at 198.

That said it could be a ruse to draw in shorts. 4.5k added today. Longs unchanged at 25M. A quick flash crash into the 1xx's would be painful but isn't out of the question.

I get the feeling it is the same guys moving the price up and down and manipulating the orderbooks.

Theres probably about 10k in dark orders down to 200 I would imagine.



703. Post 11116516 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: bad trader on April 17, 2015, 02:14:56 PM
What happens to Bitfinex if the long squeeze comes and the bids get wiped? Will the dollar lenders lose their money if the longs are unable to close?

Thats an excellent question.

I can't see anything on the website talking about this, but if orders cannot be filled while being liquidated I would assume the lender would be at a loss then, unless there is an insurance fund available to cover this or bitfinex would cover the difference?

Okcoin has a pretty good engine when it comes to liquidation, they also have an insurance fund.  The shitty thing is on Okcoin they will prioritize high risk positions and prematurely liquidate them earlier than they should.  I was force liquidated a month ago $1 early.



704. Post 11116640 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 17, 2015, 02:47:09 PM
What happens to Bitfinex if the long squeeze comes and the bids get wiped? Will the dollar lenders lose their money if the longs are unable to close?

Thats an excellent question.

I can't see anything on the website talking about this, but if orders cannot be filled while being liquidated I would assume the lender would be at a loss then, unless there is an insurance fund available to cover this or bitfinex would cover the difference?

Okcoin has a pretty good engine when it comes to liquidation, they also have an insurance fund.  The shitty thing is on Okcoin they will prioritize high risk positions and prematurely liquidate them earlier than they should.  I was force liquidated a month ago $1 early.

Sorry about the loss, but thank lord you can be wrong. I've been biting nails all morning.

I absolutely could be. 

I just can't find any proper information if such an event were to occur.  I would assume bitfinex would cover the difference, but if its not stated then I would assume the lenders would get a % back of the funds lent.




705. Post 11116735 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: noobtrader on April 17, 2015, 03:00:43 PM
What happens to Bitfinex if the long squeeze comes and the bids get wiped? Will the dollar lenders lose their money if the longs are unable to close?

Thats an excellent question.

I can't see anything on the website talking about this, but if orders cannot be filled while being liquidated I would assume the lender would be at a loss then, unless there is an insurance fund available to cover this or bitfinex would cover the difference?

Okcoin has a pretty good engine when it comes to liquidation, they also have an insurance fund.  The shitty thing is on Okcoin they will prioritize high risk positions and prematurely liquidate them earlier than they should.  I was force liquidated a month ago $1 early.

Sorry about the loss, but thank lord you can be wrong. I've been biting nails all morning.

I absolutely could be. 

I just can't find any proper information if such an event were to occur.  I would assume bitfinex would cover the difference, but if its not stated then I would assume the lenders would get a % back of the funds lent.




  Cheesy

i think he said that because you was a bear and keep shorting on bitcoin    Grin Grin Grin

When I got liquidated I was bullish 

win some and lose some  Undecided



706. Post 11118278 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 17, 2015, 05:28:51 PM
hello poor bitcoin fuckers.

still fighting this downtrend?

just sit tight and relax.

Are you still short?

Do bears shit in the woods?



707. Post 11120319 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: BayAreaCoins on April 17, 2015, 09:12:03 PM
Meh... Opened a few more quarterly contracts.

Keeping the ass end super soft.

super soft would mean 10x, but I know your went 20x probably



708. Post 11121252 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Norway on April 17, 2015, 11:49:04 PM
so this forum has descended into the absurd ... NLC and the troll army have spammed and crapped up the WO for months and the moderator arrives from nowhere and deletes 2 innocuous posts about twists on OkCoin labelling ... wtf? got shares in OkCoin mod? dimwit
Chill, Adam removed some pitcures of my favorite catamaran (my wet bitcoin dream), but it's not important. The thing is, the trolls are not very present anymore.

And wait for monday.

I have a bold prediction that this monday is the perfect storm in bitcoinland. Wait and see. And kick the shit out of me if I'm wrong. (PS. This is my first prediction in this forum).

Another pump like the Coinbase shit?   Were you not around during that brutal bear attack?




709. Post 11121903 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: noobtrader on April 18, 2015, 02:06:37 AM


even if price didnt have trend reversal, how much profit they expect really ?


I will let you know



710. Post 11126279 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Bear flag ahoy!



711. Post 11127624 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

28,1xx shorts

How many till they let it rip you think?  30k?

Swap rates are low



712. Post 11127876 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Okgox bots are really trying hard to push bids up with there fake bid walls




713. Post 11127943 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.11h):

Quote from: macsga on April 18, 2015, 06:09:26 PM
28,1xx shorts

How many till they let it rip you think?  30k?

Swap rates are low

Yet the price hovering at the same level it has been for like a week now. If nothing significant happens (hint: Monday) then don't expect anything dramatic happening in price. Nevertheless, I expect some movement if CERTAIN factors we've been waiting for A LONG time to come, hit the streets in two days... but then again; it's bitcoinland. You never know for sure what's gonna happen.  Roll Eyes

Well we're actually $15 lower.  Last Saturday we hovered 236-240 and stayed there till Monday morn around 11am(my time) then the dump hit.



714. Post 11136501 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: bassclef on April 19, 2015, 03:52:43 PM
Getting an urge to go leverage long with my 50 btc play stash. Must. Not. Give. In. Smiley

I think there's a bit more downside (sorry guys). Technically things aren't looking great unless you can call this low volume chopping around a bottom--I can't. 3d macd solidly in the red. Daily chart bear flag in the works looking a bit foreboding. Whales seem intent on getting a panic shakeout near 200s or lower. Save your longs until then when everyone's freaking out.

All this chopping around from 220-230 is fake.  The people who do get caught in the middle are those who are buying those shorts.

Thursday show @230 I gotto admit was pretty good.



715. Post 11137705 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

mmmm i have a feeling things are going to get ugly within 8 hrs



716. Post 11139841 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: bobdude17 on April 20, 2015, 03:31:11 AM
I'll leave the rest to your imagination.




Is kinda textbook...


Yeah, but a sucker is born every minute.



717. Post 11139944 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Chef Ramsay on April 20, 2015, 03:57:06 AM
P.S. Be careful while quoting trolls. It's common here to put on ignore trolls along with those who quotes them.
Note: The reason for this is because they often use sock puppets to support themselves. Quoting trolls is not a bad thing if it is topical and poignant. Anyone that iggies you for adding topical contest is simply a fool. If I see an ignored poster quoted making valid arguments, I will usually un-ignore them.

+1

This is why I don't use the ignore function.  I can easily filter through the shit, but once in a while a sock account will make a valid and well constructed comment.


You must love using the down page (pg dn button) quite frequently then mister D to avoid the rubbage. That's a long run to deal with for being compassionate.

Lol

I can skim through shit pretty quickly.



718. Post 11144112 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Tzupy on April 20, 2015, 11:19:14 AM
I pretty much share the same short-term view.

Here's DanV's newest projection.

<snip>

 Shocked So effectively the guy that predicted Bitcoin's spiralling down to, what, $50 has now predicted a turnaround and bounce-off of about current levels? Interesting turn of events.

No. If you understand what he has written on TV, and the chart labelling, he is opening up to the possibility that we are still in a corrective move from the $166 low. See his green line to $360, labelled [C] - that would mark the end of the correction (from $166) and resumption of the downtrend to new lows at $xx(x?). IDK if this significantly alters his downside target, but it would certainly drag this bear market out several months longer than his previous count, which had us starting the move to new lows from $300 a month ago. Pick your poison ...

EW counts evolve with price action. To him this current action does not fit well with his previously published chart, so he is publishing a new one, as any sensible analyst would do.
Remember - the best EW analysts have multiple counts running in parallel at any one time. It is only by excluding those that are invalidated and focussing on those with the higher probabilities (according to EW rules) that they stay on track. But they will keep an eye on alt-counts in order to switch if the primary count is invalidated/looks less probable.


Here is the link to the chart with his commentary:

https://www.tradingview.com/chart/BTCUSD/EUytkasj-BTCUSD-FURTHER-SHORT-TERM-WEAKNESS-IN-STORE-WITH-OF-TARGET-210/


I doubt that the breaking down would stop at 210$. Once 4h and 6h MACD divergence would turn negative, IMO large dumps would break the key 210$ support level.
So if the market will go up to 300+, it has to start pumping soon, without any major drops before.

I think it's to late for a pump to stop the divergence. 



719. Post 11147478 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: dakota neat on April 20, 2015, 08:11:21 PM
bears run out of ammo. current price 225 - 4.8k to 240 / 7.7k to 210 @bfx

Patience

Shoulder isn't complete yet.




720. Post 11148736 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Those bids can also be shorts trying to close



721. Post 11148819 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: BlindMayorBitcorn on April 21, 2015, 12:36:34 AM
31 BTC buy wall at 225.3 Tongue

Edit: it got eaten...



fake bid being eaten by a fake sell by the same person  Roll Eyes



722. Post 11149074 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Looks as if 1400cny might break



723. Post 11149794 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: tarmi on April 21, 2015, 01:55:11 AM
bulls getting trapped again.

even if we go to 230+ that will be just another good opportunity to short, nothing more.

this looks very weak.

228-230 would be a sweet spot, but I don't think it will make it.


shoulder should be done sooner than later



724. Post 11154010 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: macsga on April 21, 2015, 12:18:44 PM
I don't believe in TA's but things are not necessarily bearish in my opinion. As predicted earlier in this thread (also visible on the chart) May's the time. Not long before we see some real action; do you really think that we're going down after 1 year of decline? The way I see it, bears are running out of time... buy now or get burnt.  Cool

To me it seems like they are stalling.  Either way this spring has been coiling for almost a week now and the price is going to explode one way or another. 



725. Post 11154144 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

mmmhmm some heavy dumping action on furutres right now



726. Post 11154202 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: molecular on April 21, 2015, 03:20:03 PM
mmmhmm some heavy dumping action on furutres right now

futures? which ones? where?

okcoin

weekly / bi-weekly / quarterly

https://cryptowat.ch/okcoin/btcusd-quarterly-futures/3min

If you zoom out a bit it's all red as well.  It doesn't look like much, but when you factor in these contracts at 20x they are worth a ton especially if the market were to move a few dollars let alone 10+  Wink



727. Post 11155989 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

When is the final auction for the last of the coins?



728. Post 11158250 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: BlindMayorBitcorn on April 21, 2015, 11:02:06 PM
Shoulder complete. Is this the head then I guess

Zoom out

Your looking at to narrow of a time frame.

1440cny target has been hit

Bear is happy now.



729. Post 11160077 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

You guys are funny

5k of those shorts were just barely opened within $10 and rest probably opened around 280+ and your already talking about squeeze




730. Post 11164058 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

5k ask at 240



731. Post 11164372 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: luckygenough56 on April 22, 2015, 03:07:19 PM
i would be surprised if this goes above 255 before next dump

I doubt it as well.

We just barely got near 240 and giant walls just came up and it looks like it was a nice opportunity for a few shorts to open up.



732. Post 11167943 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Hang on fellas

It gets worse from here



733. Post 11168413 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):



4h rsi Okcoin severely high 



734. Post 11168445 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: LFC_Bitcoin on April 22, 2015, 10:39:40 PM


4h rsi Okcoin severely high 

The sound of a desperate man

nah i'm in the green

shorted a new load at 238



735. Post 11170136 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: noobtrader on April 23, 2015, 03:48:00 AM


4h rsi Okcoin severely high 

The sound of a desperate man

nah i'm in the green

shorted a new load at 238

i like it when you claim that you shorted at higher price...   Cheesy
the price at 234 btw, its likely to shoot up again when bitlicence finalized.

I'm counting on it.

Question is can you guys sustain it? Like 300? 

Nope!



736. Post 11176883 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

It's really starting to coil



737. Post 11177162 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

omg..

https://blockchain.info/charts/bitcoin-days-destroyed



738. Post 11177370 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Cassius on April 23, 2015, 08:47:09 PM

Oh. Wow.
Any more details?

https://blockchain.info/tx/97facbd7e07c4f3140d9ea167c2e54d85bc5f6fd04d9774d80b1284b706920ff


Im not sure where this is.  If it was an exchange I would think they would of swept the wallet, or am I wrong?



739. Post 11177457 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Chainsaw on April 23, 2015, 09:00:26 PM

Could be a lot of things. Perhaps Kraken moving funds in preparation for the MtGox proceedings.

I went back and checked some of the other historical spikes in BDD. They tended to correlate to spikes upwards, not downwards.
(Dec 13, Mar-Apr 14).

I hope we learn more details around this.

There is taint from here (2 yr old though)

https://blockchain.info/address/1BBqjKsYuLEUE9Y5WzdbzCtYzCiQgHqtPN

I don't know so *shrug*

Gox coins is best guess right now i think



740. Post 11177883 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: bassclef on April 23, 2015, 09:39:23 PM

Maybe it was a sale to someone who wanted a ton of coins with no slippage? Maybe they're preparing to sell them on an exchange? Who knows.. but "they sent them to a new wallet and then spend 100" makes no sense.

He sent 100 from the 70k address. The 70k (minus the 100) is still sitting in the original address. It was simply sent back as change.

What do you think was the point of that



741. Post 11179249 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: BlindMayorBitcorn on April 24, 2015, 02:13:43 AM
Staircasing back down nao?

Fake breakout
Bull trap

Making lower local lows

Looking bad



742. Post 11183888 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: BillyBobZorton on April 24, 2015, 02:45:35 PM
Damn, what a frustrating price level.  The market sure does love that ~230-ish.

I have one final round of funds to invest long, but can't deal with any more severe down.  I went all in at 230 in January (yes, January!), but recently got back out at 238.  

Want to get back in long, fire and forget, but damn which way are we swinging here?  I'd be more comfortable if we had a confirmed solid support above 200, but don't know if and when we would ever re-test that.

Have you considered that Bitcoin may, in fact, be maturing and becoming more like money? This implies stability. With bitcoin's hallmark volatility gone & progressively tightening government regulation wiping out 'legal gray areas' for us to exploit, bitcoin ceases to be an attractive, semi-legal and, arguably, less stigmatic form of online gambling/money laundering vehicle - the very things which made it so attractive initially.

With Dark Markets proving more and more vulnerable and bitcoin's floundering price (causal relationship here, though seemingly apparent, is far from rigorously proven), the crypto community is becoming more fractured and toxic.


TL;DR: Mom's not coming home 'till late, so...
 ~Lo <3

One of the biggest contributors in making crypto a stupid meme complains that the climate is toxic.. lol. Good, that is a good sign that all these dumb alt developers are giving up and soon natural selection will make BTC reign supreme.

Majority of the top 25 here are a joke (http://coinmarketcap.com/)

Don't forget as well we have Ethereum coming.




743. Post 11192425 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: shmadz on April 25, 2015, 10:37:29 AM
Why you get-rich-quick-hipsters don't buy more bitcoins? We need a bigger bull trap.

they don't have any usd left

Careful now...





Correct

We're at a crossroads now which can go either way if we go up probably looking at 230ish before going back down

Shorting here a bit risky



744. Post 11196258 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

This is going to play out worse than I thought.

Each rebound is weaker from each dump




745. Post 11196766 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Think bottom was hit

Okcoin is holding 1400

Seems someone is still trying on bitfinex to push lower



746. Post 11197684 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Lol this is awesome



747. Post 11202463 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: gotmilk_ on April 26, 2015, 03:30:35 PM
Since everyone are short again (almost 32k shorts on finex) I guess it is time to place long position. 215$ looks like a good price... at least last time it was  Grin

Major support has been broken

keep that in mind




748. Post 11202800 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Won't be long till we start to see margin call hunts



749. Post 11203318 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Just a small bounce before the real drop




750. Post 11203902 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

33k swaps now  Shocked



751. Post 11204817 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: itod on April 26, 2015, 07:12:45 PM
Last chance to get some cheap coins people.
You really should be buying right now.

How on earth did you get to this conclusion? If the price doesn't go to $210 by the end of the week I would be very surprised. Nothing indicates that bearish trend is close to being over.

I love when my predictions from five days ago come to being exactly when said: $213 today on Sunday. Somebody who didn't believe quoted me, just to remind them...

I remember this quote... was going to grab it, but it looks like you beat me  Grin



752. Post 11212266 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

dem sells on btce lol



753. Post 11212432 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

volume is dropping a bit now on btce



754. Post 11212505 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Tzupy on April 27, 2015, 03:41:32 PM
To all bears: Short now!!!  Grin

not yet

This. Wink The DCB has a bit more room left.

running out quickly  Wink



755. Post 11215010 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

c'mon bulls

get us to 1385cny!!



756. Post 11215581 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

So much faith in silbert

lol



757. Post 11216121 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

I think btc-e has just been goxxed




758. Post 11226898 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

dump soon within 1-2 candles imo

4hr stoch high as fuck




759. Post 11226997 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Quote from: inca on April 28, 2015, 08:35:11 PM
Short swap interest up to 0.065%

Not long until it reaches the long swap rate.



That isn't that bad especially if coins are returned quickly.  



760. Post 11227005 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Quote from: fonsie on April 28, 2015, 08:36:18 PM
I'm signing off for tonight, I've got enough from the troll smell for today.  Cheesy

take a shower then




761. Post 11227067 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Quote from: inca on April 28, 2015, 08:37:50 PM
Short swap interest up to 0.065%

Not long until it reaches the long swap rate.



That isn't that bad especially if coins are returned quickly.  

Why is the rate rising?

Not sure, I don't think it's to high tbh..  .04%-.07% I think is acceptable.  Of course it really depends on how long they are borrowed for as well.



762. Post 11227160 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Quote from: inca on April 28, 2015, 08:45:50 PM
Short swap interest up to 0.065%

Not long until it reaches the long swap rate.



That isn't that bad especially if coins are returned quickly.  

Why is the rate rising?

Not sure, I don't think it's to high tbh..  .04%-.07% I think is acceptable.  Of course it really depends on how long they are borrowed for as well.

Sigh.

Would be interesting once USD swap rates go over .12%  Wink



763. Post 11228380 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Quote from: billyjoeallen on April 28, 2015, 11:14:20 PM
1 HR and 4 HR moving averages both just turned green.

Have a look at at 4hr stoch and compare it against past dumps

It's going to tip very soon



764. Post 11228873 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Wings1987 on April 29, 2015, 12:45:11 AM
Looks like some fun starting again.

Looks like the show could be over.  Bulls need viagra




765. Post 11228996 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Wings1987 on April 29, 2015, 01:02:37 AM
Still increased activity on Huobi. Very quiet at finex.

Exchange ran by bots with zero trading fees




766. Post 11235275 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Ahh this place is returning to the norm.


Next phase fear



767. Post 11239108 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

I'm blind



768. Post 11282121 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.13h):

Bearstamp is back



769. Post 11288108 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.14h):

Quote from: derpinheimer on May 05, 2015, 03:56:44 AM
Holy high volume dump on BFX  Shocked



It would be silly to think our beloved bear whale would go down without a fight  Grin

Hope she blows soon  Grin




770. Post 11291332 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Wandererfromthenorth on May 05, 2015, 01:26:26 PM
Not this shit again...

fucking loser needs a ban seriously




771. Post 11302937 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Feri22 on May 06, 2015, 03:30:38 PM
Hello to the nice people of bitcointalk  Roll Eyes

I have around 2500 USD ready in exchange...do you think buy now or are we going lower first?


Do what you feel is right.  Don't rely on what people here tell you



772. Post 11306414 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.14h):

Quote from: inca on May 06, 2015, 10:39:50 PM


Stop being an odious little toad.

Sorry , I can't stop it when I see wanna be millionaires acting all mighty with 10 bucks in their pocket.

Ironically this forum is full of millionaires.

The question I have is, 'how much more ammo do the sellers have?'.

You can only sell bitcoin once Smiley

Well actually bitfinex is most likely running a frac reserve so the ammo is endless



773. Post 11306461 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Chainsaw on May 06, 2015, 11:19:05 PM
There is a thread in reddit with multiple reports of Bitfinex users watching a malfunction occur, with massive long and short orders which they did not issue, and far exceeding the size of their account. It is being rapidly downvoted, and reddit is lagged.
http://www.reddit.com/r/BitcoinMarkets/comments/353yu8/bitfinex_having_serious_lag_issues_be_very/

If confirmed, I think there will be a bit of a holding pattern in the market until Bitfinex announces how they are going to clean up the mess.

Lol what mess?  You think they would admit there is a problem?  It will get fixed quietly and we might hear something vague.



774. Post 11358794 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Fatman3001 on May 12, 2015, 07:34:36 PM
Whats new fellas?
We're waiting for you to make your move. Get some action going.

No moves on my part right now.  Holding what I have for the time being (no long or short) concentrating more on forex atm. 



775. Post 11389521 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.15h):

Quote from: SheHadMANHands on May 16, 2015, 02:48:47 AM
Wow, these bears are absolutely falling on their faces. 

This is hard to watch.



Bulls are weak still.  $250 still isn't broken and here we are back in the $230's. 

It's more like "bulls" are falling on their faces"





776. Post 11534371 (copy this link) (by damiano) (scraped on 2020-04-04_Sat_14.16h):

Quote from: phoenix1 on June 04, 2015, 04:33:04 PM
if satoshi was with us today we'd already be at a 20MB limit.
...looks like he was in charge when  the 1MB limit was introduced.


he also said to up the limit as time went on and network grew...

Makes sense. I really think this is a storm in a teacup. People will be disappointed at how mundane and boring this will resolve itself.

lol for real, it's crazy how all up in arms people can get here about small things. in the end 90% of the argument is purely for the fun of arguing, and the update will be accepted by all.

No it's not  Grin

Yes it is, Debates are always just for the fun of arguing, we already know it needs to happen and will happen so we just want to waste time waiting for it to happen. All fun and games in bitcoin until the price takes a dip then  Shocked