how big is the bag you're holding? how low are you willing to sell? 

BOOM

i'd love for bitstamp to get give us some margin. then maybe it could compete with the best of em

i do think Chinese exchange volumes are pumped by margin, western traders and potentially faking of volume by exchanges (a la OKcoin)

really? i had no idea. any idea how those coins were distributed? was it just a handful of insiders who developed the coin like an actual premine? or was there just a general mining frenzy?

anyone think there's anything to these Indian exchanges opening up? you think demand will develop there like we saw in China last year?

i would agree with this. i also think if and when we see a new bull cycle (if it has not already begun) then we might see alts plummet against BTC as they did last Novemeber

i'm not worried about stamp in particular. i think they are very misguided about AML/KYC procedures - they have no idea what they are doing or how they are supposed to comply and are just trying to throw a net over everything. but that is a big turnoff to customers, especially btc proponents. plus, they have an absolutely pathetic trading engine with massive lag that actually misses orders sometimes. and they just haven't been around long enough for me to put any trust in them. in fact, businesses in the BTC economy have such a black cloud over them, none of them should be trusted at all until a couple more years down the road. so if they ask for my passport and the rest of the anal cavity search? bye, bitstamp.

only 70 points above that level and we're at never again? hehe. i wanna be bull but everyone seems so sure that next bubble is right around the corner. perhaps like sheep being led to the slaughter....

how does a decentralized exchange work for transactions involving fiat? surely there must be a central party that holds the fiat. it seems that fiat transactions demand a level of trust.

i'm just saying that we could get a 61.8% or 78.6% retrace of the uptrend to 445-470 area. and if that happened we could still be in a bull trend. (if it stops there....)

planning on an uptrend never having a correction has never worked out in my book

what makes you so sure? why would it happen in the 600s? show me a chart or something. you just sounds like you want it to happen, but you got no reasons....

see what i'm saying though -- i could just say "resistance is too damn strong" and "bulls can't possibly be that retarded" and my argument would be just as strong as yours.... minus google glasses man

wowee. this is looking very very bullish. it's too bad i missed some upside sitting on the sidelines, but at least i have more coins than when i sold back in january. let's go to the moon, gentlemen.

what is with bearstamp? never seen such a big spread between stamp and bfx except in the middle of a massive pump.

something tells me that the people who are trying to bid on the SR coins, do not share many of the principles of many [ancap/right libertarian] bitcoiners....

for now. i suspect that if/when China takes off again, Bitfinex will keep in step with Huobi/Okcoin, while Stamp may fall behind. just a hunch.

i think it's pretty unrealistic to assume that these coins will be sold at a premium. however, any assumption that the coins will make their way to these horribly illiquid exchanges to chase arbitrage, is also misguided. there's a lot of variables at play.

yes, this is a massacre. gonna be some unhappy people, perhaps some rioting. seems like rugby scores incoming at this point...

i'm not convinced that we've broken the down trend yet, but i do think we still have one more leg up to make on this rally. maybe 605-610. but like everyone else, i'm just guessing.

except that all the people who weren't watching at the time will see the big green volume bars and think, whales are buying! but i agree, bitcoin is a yawn these days.

what, $10 up from the bottom? only a whipsaw if you panic sell at the bottom. for me, i can now just wait and watch for a strong bull reversal. got a good cushion between here and my sells.

read over what i said. i am waiting in fiat and not bottom fishing. i'll let others catch the knives, i don't need to catch the bottom.

i'd like to think that, but i've been staring at charts for much longer than i'd like to admit, everyday, for months. and i saw the manipulators pushing down months ago. massive sells into massive support that repeatedly would not budge. until the bulls gave way. i don't see that now. what i see is 1) those whales are not stepping in and rebuying yet, and 2) there are no buyers at the current level. when the whales decide to step in, expect panic buying to ensue very quickly.

hmmm, so how about that 100% + retracement from that bounce yesterday? you guys can't possibly be feeling bullish after that!

quadruple, quintuple, etc etc bottom? or we gonna finally break through down below? my money is on going downtown. maybe not today, but it's gonna happen soon, me thinks. good luck out there, bulls.

this was sarcastic, i hope.

$4 broken today, and looking to break it again after it bounced. looks like BTC might take the piss as well. let's watch.

this is very ugly. there are like... no buyers to be found anywhere. the bulls went on vacation for the summer..... hopefully. i'm just setting low flash crash bids at this point..... if there's a strong breakout to the upside, i'll jump in. but boy does this look ugly.

not just margin calls (and trying to estimate the trigger for a cascade is wild speculation imo), but flash crash generally. i'm looking more at $420 on other exchanges = hopefully sub-400 on bitfinex.

giggity giggity!!! anyone else get filled on BTCE? flash crash bids for the win! sitting on $3xx coins right now. what a beautiful morning!!!

the only news has been an overwhelming bear market. hell, not even sure this is the last margin call cascade we will see. that's what it looks like anyway. someone probably dumped 2k+ coins and triggered a bunch of stops and then triggered a bunch of margin calls....

for all the talk of "short squeezes" on this forum, clearly the real danger from watching BFX and BTCE is leveraging long. we have seen these wipeouts before... and we will see them again, IMO.

BTCE did recover -- from $309 it is now at $447, so only $18 below Stamp. that's a considerably recovery of the buy side considering how much was taken out by the cascade.

if you mean "we" like the market? hehe, take a look around. this is a bear market. maybe we turn it around soon, maybe we dont. but i'm only looking at lagging indicators now, with no interest in catching "bottom" (aside from $100+ margin call moves)... keeping bids very far from bid/ask spread and will buy a strong upside breakout.

ouch. i'm seeing a topping formation here. will take the next few hours (at least) to confirm one way or the other. i think if 2900 goes, it could get ugly in a hurry.

ouch. why would you keep it open for so long? after the cascade on Bitfinex a few days back, i'd have thought it was time to close all leveraged longs given the spike to $100~ in february. sorry, that sucks.

dude, come on. 1000 BTC? that's nothing. a year ago we used to see 5k walls, 5k dumps regularly. 9k total swaps and 1000 "fresh" BTC is nothing. any early adopter could be doing this, no need to make any accusations of finexBTC....

truth haha. not that it can't go down further -- it probably will actually -- but the bounces can be soul crushing for shorts. the #1 PAMM account on BTCE (JS) was trading like $100k and got his account wiped out. the timing looks like he was shorting LTC at the bottom.....