Bitcoins are officially donkdown

[zealanddonk]

Will Druff get unstuck or not, or is he going to hold and ride the second $1200 wave?

[BeerAndPoker]

over $450. I always sell or don't sell at the wrong times.

[jacosta24]

Bitcoin is in the preflop stages even if you buy now you're good

[Pooh]

Will Druff get unstuck or not, or is he going to hold and ride the second $1200 wave?

Druff capitulated and bailed like a year ago with a large loss. Forgot what he sold it for but he said on radio once.

[BeerAndPoker]

After hitting $480 earlier bitcoin is down to $414 at the moment.

[MumblesBadly]

After hitting $480 earlier bitcoin is down to $414 at the moment.

And creeping back up.



And because Sanlmar mentioned that Chinese participants seem to be net buyers...

[Sanlmar]

It dropped 15% from $467 to $403 inside of 5 minutes Saturday morning.

Your only observation is that it is slowly retracing, Mumbles?

Bet the hard six & eight. Place the inside and tell the dealer all your bets are working on the come out.

[MumblesBadly]

It dropped 15% from $467 to $403 inside of 5 minutes Saturday morning.

Your only observation is that it is slowly retracing, Mumbles?

Bet the hard six & eight. Place the inside and tell the dealer all your bets are working on the come out.

I think we can agree that the Bitcoin market is likely pretty thin with respect to standing limit buy orders. My guess is that sizable block of Bitcoin was sold within a very short time on one exchange due to liquidity demand, with the reported market price plummeting as the block sale worked its way through the standing limit buy orders. Meanwhile, bots on the other exchanges traded through the standing limit orders because of the liquidity pressure on the first exchange. After the large liquidity-driven trade worked its way through the standing limit buy

Btw, it would interesting to see the history of market data trade-by-trade and precisely time stamped. Any suggestions on where this is available for non-geeks who can't read the blockchain?

[jsearles22]

It dropped 15% from $467 to $403 inside of 5 minutes Saturday morning.

Your only observation is that it is slowly retracing, Mumbles?

Bet the hard six & eight. Place the inside and tell the dealer all your bets are working on the come out.

I think we can agree that the Bitcoin market is likely pretty thin with respect to standing limit buy orders. My guess is that sizable block of Bitcoin was sold within a very short time on one exchange due to liquidity demand, with the reported market price plummeting as the block sale worked its way through the standing limit buy orders. Meanwhile, bots on the other exchanges traded through the standing limit orders because of the liquidity pressure on the first exchange. After the large liquidity-driven trade worked its way through the standing limit buy

Btw, it would interesting to see the history of market data trade-by-trade and precisely time stamped. Any suggestions on where this is available for non-geeks who can't read the blockchain?

When you copy/pasted that first paragraph from someone else, you cut off the end

[Starbucks Spunk Bucket]

Today, 07:38 AM
MumblesBadly
Contributor
This message is hidden because MumblesBadly is on your ignore list.
View Post
Remove user from ignore list

[MumblesBadly]

I think we can agree that the Bitcoin market is likely pretty thin with respect to standing limit buy orders. My guess is that sizable block of Bitcoin was sold within a very short time on one exchange due to liquidity demand, with the reported market price plummeting as the block sale worked its way through the standing limit buy orders. Meanwhile, bots on the other exchanges traded through the standing limit orders because of the liquidity pressure on the first exchange. After the large liquidity-driven trade worked its way through the standing limit buy

Btw, it would interesting to see the history of market data trade-by-trade and precisely time stamped. Any suggestions on where this is available for non-geeks who can't read the blockchain?

When you copy/pasted that first paragraph from someone else, you cut off the end

What the fuck are you talking about??? I pressed Reply with Quotes, and typed a response. I might have edited my reply after posting when I saw I wanted to tighten the language of what I wrote, but I didn't "copy/paste" someone else's post to use as language in my portion of the post.

If you persist in making this claim, prove it or STFU.

[MumblesBadly]

It dropped 15% from $467 to $403 inside of 5 minutes Saturday morning.

Your only observation is that it is slowly retracing, Mumbles?

Bet the hard six & eight. Place the inside and tell the dealer all your bets are working on the come out.

I think we can agree that the Bitcoin market is likely pretty thin with respect to standing limit buy orders. My guess is that sizable block of Bitcoin was sold within a very short time on one exchange due to liquidity demand, with the reported market price plummeting as the block sale worked its way through the standing limit buy orders. Meanwhile, bots on the other exchanges traded through the standing limit orders because of the liquidity pressure on the first exchange. After the large liquidity-driven trade worked its way through the standing limit buy

Btw, it would interesting to see the history of market data trade-by-trade and precisely time stamped. Any suggestions on where this is available for non-geeks who can't read the blockchain?

Excuse me. I didn't see how I had edited out something I had meant to say. Here is how I meant to end that paragraph:

After the large liquidity-driven trade worked its way through the standing limit buy orders, the price has likely "slowly retraced" due to speculative traders dominating the trades.

But if you want to persist in believing that I copied that first paragraph from another source, that's fine with me. Because your inability to stop yourself from being an idiot doesn't affect my life.

[sonatine]

Because your inability to stop yourself from being an idiot does affect my life.

Druff cant something be done about this drooling subnormal? Cant you just keep him from fucking up this one thread?

[MumblesBadly]

Because your inability to stop yourself from being an idiot does affect my life.

Druff cant something be done about this drooling subnormal? Cant you just keep him from fucking up this one thread?

You're right. I meant to say "... DOESN'T affect my life".

Also, Sonatine, why are you so persistent in trying to get me banned? I don't hold your animosity towards me against you, as evidenced by my positive repping some of your comments that I agree with and consider worth noting.

And unlike what I have seen you do regarding my posts, I don't go out of my way to follow your posts and bash you on them for some trivial reason. And I especially find it odd that you are even following and commenting on my posts given how Sanlmar mentioned that you advised him to ignore me.

My guess, however, is that I have bruised your ego and you hold that against me. And since Druff put a halt to your gay porn bombing of my threads, you have repeatedly bashed me for trivial reasons, accusing me of "shitposting", which is exactly what you were doing with your gay porn bombs.

So why don't you man up and directly tell me how you think that I have wronged you. In fact, I invite you to start a new thread on the matter, and we can hash it out there. If what you say there convinces me that I have wronged you, I will endeavor to apologize about the matter.

[ToasterOven]

I don't think he wants you banned, I think he wants a shitpost containment thread. It's pretty shocking that it hasn't happened yet.

[sonatine]

Mumbles,

I dont care if youre banned or not. You just dont know how to internet. Every post you make is basically like a shitty housewife ranting under a HuffPo article; you're basic beyond description. And you know it, so every country fucking stupid opinion you regurgitate is invariably 'backed up' with a bunch of meaningless bullshit graphs charts videos whatever else you find on google.

There's simply nothing to you.

The heart of this thread has always been that BTC was a joke that gets trivially manipulated by various backers/investors/fraudsters.

A joke that you dont get.

You simply have no idea how to act; you're the kid who got picked last for _everything_ and now you're here to prove everyone wrong. But its not working, because you're still dumber than cold shit on your best day. So again, banned? Dont give a fuck, but this thread was something interesting before you came along, and now its nothing but smart people taking time out of their lives to explain why you need to lurk more, and then getting sucked into your narcisist faggotry because OMG SOMEONE PAID ATTENTION TO YOU.

So golf claps on once again getting someone to pay attention to you, I'm sure you'll sleep like a baby tonight.

[Baron Von Strucker]

:shitcoins

[Starbucks Spunk Bucket]

So can someone (except Mumbles) tell me what is going on exactly that means that the price of BTC has been rising pretty much constantly for the last few months?

[sonatine]

So can someone (except Mumbles) tell me what is exactly is going on that means that the price of BTC has been rising pretty much constantly for the last few months?

i dont think anyone can give you an 'authoritative' response but my opinion is that its related to chinese investors attempting to insulate assets against the imploding chinese stock market.

also i wouldnt really call it constant growth since we see regular crawls of 7-10% increase in prices followed by a staggering straight drop in value that takes place over the course of minutes. so although the prices do increment higher when viewed at a macro level, thats not the whole picture really and those weird ass 'hiccups' where 20% of value can vanish in the blink of an eye seem to indicate that there is a very straight forward pump and dump dynamic being exploited.

[Starbucks Spunk Bucket]

Thanks Sonatine. I hope it goes down soon because I want to play on SWC again... but I don't want to buy at this price if it is going to tank to circa $300 again