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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23981125 No.23981125 [Reply] [Original]

85% futures on BitMex are LONGS.
Prepare for Bart.

>> No.23981143

>>23981125
Maybe in a bear market faggot

>> No.23981338

>>23981143
You seem to be new. Let me spoonfeed you retarded friend.
This pump is not sustainable. Exchanges cannot simply afford it. If there is 85% of customers longing they will run out of money to pay them profits. Flash correction is needed to BTFO retarded long fomoers and add some fuel to the machine.

If, hypothetically, we won't see a correction exchanges will literally bankrupt pretty quickly and cause a panic and dump beyond your imagination.

We're going up. I don't deny it. But if we're going too fast we're going to fell off the track eventually.

Bull market is great becasue muh euphoria and number goes up, but it's also way more risky than a crab or bear. Trade with caution or you might get burned in no time.

>> No.23981511

>>23981338
Eth longs to shorts has been 90%+ for months. Dump will NEVER happen you stupid nigger

>> No.23981540

>>23981338
>Bull market is great becasue muh euphoria
there is no euphoria

>> No.23981590
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23981590

>>23981338

Exchanges are barely able to keep up with the pace that tokens are being moved off of them you poor silly fuck

>> No.23981654

>>23981338
Learn how derivatives work, fren. Exchanges aren't losing anything. Each long is paired with a short.

>> No.23981716

>>23981125
For every long is a short though. Longs are SAFU, max pain is up. Just imagine how many permabears have been averaging up on their underwater shorts the last few months think we'd never reach ATH again. The liquidations above 20k will be glorious.

>> No.23981725

>>23981338
Holy retardation

>> No.23981808

>>23981125
I remember seeing this when btc was roaming the 4k area, yet price gigapumped huh? Longs/shorts literally dont matter

>> No.23981863

>>23981125
Every bear I've seen on /biz/ for the last 9 months has been gutted alive. You stupid fucks are getting genocided. We're flushing you out of the system. Bitcoin hasn't even budged in google trends + large buys are pushing the price + look up Michael Saylor = do the math. Look at the macro/fundamentals, not the TA.

>> No.23981921

>>23981125
Last bullmarket cycle had a 30-50% dump in the same area

>> No.23982370

God I hope so. Maybe not from too many longs but the stock market just set a record yesterday so maybe it'll correct tomorrow and drag bitcoin down with it. Please I just need one more dip....