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/biz/ - Business & Finance


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18894732 No.18894732 [Reply] [Original]

MAKE IT STOP

>> No.18894745

>Pink ID
NOW YOU REALLY DUN IT

>> No.18894768

>>18894745
Green id WE ARE GOING TO MAKE IT

>> No.18894797
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18894797

FUCK CRYPTO

>> No.18894818

>>18894768
Not green enough. Looks like we're going downup again.

>> No.18894893

It's really simple. The slow grow is due minimal volume. But the dumps are powerful tsunamies of volume. Thus it means we're in a down trend that's only held up by bot washing.

>> No.18894931
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18894931

>>18894732
https://www.youtube.com/watch?v=28--5aEV1Z0

>> No.18894981

>>18894893
75% of people are currently long on btc
you know what happens when the balance tips too far in one direction...
can't have bitfinex losing money now..

>> No.18895072

>>18894981
Oh my, you actually take the 'mex calculator as pure fact?
Don't get me wrong, they ARE a good indicator. But you forget to take into the fact that the vast majority of those long orders are far below current numbers. In fact, an exchange can manipulate "mood" by simply putting up a massive fat order at like 0.1 to falsify current orderbook and skew it towards pro long. Or the other way, like making fat short orders at a price impossible.
It's hard to tell on bitmex and bitfinex, but Binance, being rather "low" in volume compared, it's very easy to see when some nigger drops a long at 0.1 order making longs seem like they're 50% more than shorts.

>> No.18895104

>>18895072
he's talking about open leverage positions not just bids/asks

>> No.18895164

>>18895104
As far as i know, the most popular ones like blockchainwhisperer have no access to actual held positions, just the orderbook.
And for the free public, it only shows "fish" orders, not the silent orders which tends to be the big movers.