WHAT THE FUCK IS HAPPENING

>having a nice night shorting XBTUSD on bitmex
>look away for literally about two minutes
>it's fucking mooned and I got liquidated

Fuck this

20% GAIN IN 30 MINUTES.
>mfw

>male (male)

you can do better than this user

Hold your position user

what the fuck is happening Veeky Forums? you told me this is the end..

6000 btc bought in 30 min on bitfinex

Your bottom's going to get double tested tonite, hunny.

This is too complex for the brainlets

FOMOING IN FOR DEAR LIFE

>bought at $780 then re-sold at 910

Now down to 700 please.

this is the end, enjoy the ride down to 1k
the price of BTC is the price of what BCH had, thats the real price without being propped up by fake USD

the coinmarketcap removal of Korean exchanges was a signal, why remove Korean real money, but not USDT shown as USD from bitfinex, the largest volume for BTC?
huh user, huh?

the bounces up are your last chance to short EVERY coin, with no more than 10x.

i sold low... AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHH SOLD AT 800 WTF IT JUMPED

i fucking hope so, btc needs to die, the sad thing is it will bring the whole market to the fucking ground...

Fuck, I just found a new fetish. I'm on nofap you cunt

This market behavior is not organic. Nobody in their right mind would go and over-pay on tens of millions of dollars worth of coins by buying ahead of a sell rush. Nor has the market depth supported such behavior. The total market depth on the sale side has decreased substantially even with somebody going and frantically buying up the sell side of the order book.

...

Ethereum needs to die as well. It's too gassy and a failed experiment. It holds down better alternatives and the ERC20 ecosystem it supports is a total cancer as well which sucks up gains from good alts.

Fucking hell, just set buy order at 720 and i leave my comp for 5 fking minutes and i instantly lost 0.5 eth FML

kek

I was considering shorting on bitmex myself. This kind of shit gives me cold feet.

good.
next time we wont be dragged down by the slow useless piece of shit
but real coins will have a chance, real technology will flourish, with more uses cases than "muh store of value" or "just transactions" - who the fuck is happy with a cryptocurrerncy for just for "transferring value"

no more "muh store of value" for $50 transaction fee, not even gold loses in value when moving it.
no more "just use shitcoinx for payments", as if a modern world doesnt need receipts, invoices, fraud detection, integrate with old accounting software, financial controllers etc.

what kind of shit system is this, where you "send payment from A to B", its never that simple, there is always "for every payment send x% to your tax office".

ADA, XLM looking at you.

Who else sold low?

WHO BOUGHT IN
WHO IS BEHIND THIS

Bitfinex of course.

Where do you lads even see this stuff

It's happening on the non tether exchanges too.

New fetish is women?

>Where do you lads even see this stuff
I hope you aren't trading if you don't know where to go to see this stuff

>Nofap
>As an investor

You won't make it

subtle plug haha

More like:
>Nofap
>on Veeky Forums

Anyone else in the Bmex trollbox?

That was Wall Street 110%. Some Wall Street guy verified that it usually comes in 3 waves.

The kikes are buying

Bitmex is fucking great though

Just don't do retarded shit like me and leverage 100x

Wrong. This taken from bitstamp..
You faggots are getting scammed
The amount of cash for offer on the order books has gone down from 133m to 89m in a matter of hours. It makes absolutely no sense. Am I to believe that people who could have gotten in at 7k just by waiting got so impatient that they just had to rally it up to 8600 and pay millions of dollars more than they had to just to get their BTC?

Made $64k playing with 10x margin tonight.

Didn't sell my ETH, but the shorting counteracted the ETH losses by far.

everyone is trapped. there is a fire.

Isn't that because buy order have been filled?

Obviously wall street

Institutions (WS) were set on scooping up BTC around the bottom, which mostly everyone predicted to be in the $8k area.

Those were the people waiting. I'm assuming they'll wait for it to fall back down before making another shopping round.

...

Also, for those paying attention on Bitmex. Someone put a $7M long about 5 minutes before that happened.

The jews are double dipping.

I'm still learning with smaller amounts

Only lost like $250 or something being liquidated, no huge deal, but still, fucking annoying when it comes out of nowhere

Wish I had the capital for serious gains. Any advice?

You people are fucking delusional. Why would they run the price back up instead of getting it for even cheaper by waiting? Whales were obviously in the middle of a huge dump (and still are). As long as you aren't way at the back of the order books you'll get your fucking coins. Wallstreet
A. Wasn't awake when it started
and
B. Wouldn't over-pay by literal millions of dollars because they are too impatient to wait 6 seconds.

US traders woke up and had to cover their short positions. Don't think there's anything more than that at work.

But I thought leverage was only if you want place many different orders without having a large balance. Higher leverage doesn't translate to higher profits, right? Since I'm only interested in shorting XBTUSD, I don't see what real advantage leverage would give.

>by waiting

With or without them, a bounce was expected by literally everyone around the $7.6-$7.8k area.

The contracts on Bmex were trading for $150 above the BTC price the entire time.

How the fuck do I get a gf like this? This photo spiked my fucking test 30% just glancing at it

>US traders woke up
This started at 4am eastern time. Right before I went to bed, and I just woke up now to get a glass of water and it's still happening.

I would tbhfam

More like
>no fap
>using 3dpd as fap material
>using adult 3dpd
>not Asian
>in Veeky Forums

No, it allows you to put on a much larger position than you would be able to with your normal cash

> Any advice?
its simple, be rich dont be poor

>Higher leverage doesn't translate to higher profits, right?

It does. You're borrowing money and you keep the profits. But if also means that your entire position gets liquidated easily if you bet wrong.

its simple, be handsome, dont be ugly and retarded

>Any advice?

Never 50x/100x. It's gambling.

This pic threw me off my game completely. If I make a million on a huge short will I get a gf like this?

somebody check tether, did they print?

No, that pose in right dress. I'm just trying to avoid it as a daily habit and without porn

Fair enough- I had 50x most of the evening. Got rekt in the blink of an eye once the pump started- good learning lesson

lol at those fags that sold at 9200, it's up to 11k already, stay stronk Veeky Forums wait wut

Were you not into women before?

Nope, didn't burn either.

>tfw wanna take a shit but busy watching graphs

My hairline is a bit shit but my looks overall are pretty fine. My total social autism fucks me and I would never get laid if not for tinder and alcohol. Problem is all the quality women come from real life approaches and dating sites are HEAVILY favoured against men.

yfw the guy in this pic died a couple months back

>Real people buy product
>That's not real market activity
capitalism is a meme

no. my GF looks like this, and I was poor student at time of meeting her.
with total net worth being 500 usd at the time.

but then again, at that time I was telling her about bitcoin, she was impressed by my geekiness. this was in 2010.

now she is impressed by my gains

I sold the INSTANT before this happened

Use your new wealth on surgeries
youtu.be/EFnJMPQow7A

LOOKS/MONEY/STATUS

Dunno how it works in Bombay Pajeet, but on our non-shit-stained streets - that is exactly why we use leverage. It will magnify either your losses or your gains. But, don't believe me. Short it with x 100. Maybe use as much credit card and short term rupee-pay-day loans as you can get your shit besmirched hands on. And then act like it is a sewer - dive straight in!
You ar

RIP pianoman

Are you incredibly good looking?

It's bigger than I original thought.
The strange buying action is PERFECTLY simultaneous across all of the exchanges. This isn't the work of a single entity with tens of millions of dollars at play.
This is the work of a single entity with billions of dollars at play.
Y'all getting scammed. Screencap this.

no just average
you too can make it user

I PUSH MY FINGERS INTO MY EEEEEEEEEEEEEEEEEYYYYYYEEEEEEEEEEEEES

NANO ON BINANCE NOW!

Instantly after the dip... TO THE MOON!

history already proved this wont do anything rockafeller did the same thing in 1929

Cmon there must be somebody here who isn't a retarded believer. Let's figure out what their fix is.

I don't know.

So you're roughly 7/10 while your gf is an 8-9/10? Sorry for putting numbers on this but just trying to put it into context

This made me believe, thanks for the motivation

timed the market boys

So you're suggesting it's the bitcoin investment industry itself? Buying itself up to artificially inflate the price to prolong the ride?

one word:
insolvency
theres nothing to figure out

>pls respond

The post. Reddit is down the hall and to the left

organized dump and rebuy happened...

Sorcery?

Big round number => shitload of buy orders hit => bump => shitload of short fags liquidated

its called a "Short Squeeze" you fucking retards learn a thing or two about markets

How does buying BTC help with insolvency? Unless they are just literally stealing people's BTC , marking it as sold, and then actually selling it for people's money.