Ugh, I have to check and see if I still have a few BCH and wonder why the hell I didn't get rid of it all sooner.

I don't get the LTC love at all, it looks worthless to me (obviously I do not have any at this time).

Do not miss dumping of all the alts I had once though.

Built doing what, shorting?

You still (after all those errors you made in 2017) don't get it Josh.
Do yourself a monster favor and only buy BTC and have set levels (if you believe it's still going to fall).

Do not buy a single other coin and for God's sake don't short coins taht have already fallen 90-100%.

Those are probably the best ones to short

You're right.

This one below fell over 90% against BTC this year, it's a worse NEO, worse QTUM, worse ETH.

Up a clean 400% off that arrow off the bottom.


https://www.tradingview.com/x/AzByvz31/

you'll never grasp how easy it is to move these markets until you actually pay attention daily to volume and order books.

This capitulation is being exaggerated big-time by the liquidity that has been drying up for months (the same people capitulating here are the same type of mouth breathers who just market buy/sell their orders).

Crypto is the best asset class in human history of taking from the many and enriching the few.

Crypto is the best asset class in human history of inflicting max emotional pain on those who choose to play the game.

Those capitulating now (the many) will enrich the few.
Those capitulating now (the many) will watch in agony as these coins...for essentially no ****ing reason at all...blow by where they sold for 100-1500% runs.

I dont like being short here anything.

Macro wise being short is a crowded trade right now. Bitmex perpetual funding was capped negative for half a day or so, and bfx shorts are at 56%. So market structure has changed IMO. We dumped from 6500 to 6000 effectively without these markers and it was just guys getting shaken out like crazy, just market selling relentlessly. For the record I quote the btc price because they are all correlated, its all interchangeable with other coins.

On Bfx there aws a serious attempt to break 6k clean as alot of people margin shorted 6k area and there was a 5k btc 5m candle volume. They couldnt even break 5900. Right now its about 5x more expensive to hold a short on bfx than long on btcusd

Do people want me to stop posting these kinds of messages?

nah much appreciated ( I don't have Bitfinex account and don't follow what's going on there close enough).

looks like now only XMR, DASH, and BTC have shorts outweighing longs on there. Wondering if XMR semi held up against other big alts due to whatever the hype for it/fluffypony @ Defcon. proper dump on it last couple days which I have not enjoyed.

Lot of signals (and including just pure oversold) for a strong alt bounce.
ETH/BTC getting back to .054 would just frustrate the max amount of people and put major indecision in the market (and may be a chance for those wanting out to release some alt bags). A 3-day or weekly candle closing back above that line would be fun.
Short that re-test if you're a bear.

streetfight going on bfx

~4k coins bought w/ hidden bid at 6300
~1k coins bought w/ hiddin bid at 6311

straight cash buys, no delta in margin longs. but ~+1k in margin shorts during same timeframe. People are margin shorting a guy who soaked up 5kbtc in cash. just a straight streetfight.


how this unfolds will dictate the entire market for weeks.

Aggo, your posts are greatly appreciated, at the very least by me

+1. probably the best posts itt

ceo of bitmex on ethereum yesterday https://us3.campaign-archive.com/?e=...&id=1da0bd867e

A few things:

I dont want you guys blindly following my ideas. First you should assume by the time I post them here my entries are already in (if at all ). It’s also important for you to know that I’m not a professional trader (and have absolutely 0 desire to ever be one); I have a regular job.


With the disclaimers set aside now, Im still strongly biased to being short and in capita preservation mode.

There is now major horizontal resistance on btc at 6600-6800 level. Although there was a smal short squeeze that tested this resistance there was no follow though which gave a lot of shorts plenty of time to cover. No capitulation event upwards. No strong structural confirmation of a bottom.

Yesterday many alts in usd terms were up +20% quickly and you can feel the complacency set back into the market. Bitcoin not being able to break through that resistance allowing alts and rest of market to follow through upwards is a big foreshadow moment. Alts wanted it and priced in btc moving up.

Do you read the garbage you're spewing?

If an etf gets approved this year, the squeeze will be so epic juice will be coming out of your keyboards.

Oooof SL getting close to triggered

Might just pull it here

Have $ to buy the dip (a few full-time traders I really respect think it's going to fall regardless of the outcome).

Peep the volatility on the day Winklevoss got denied last January....could be one of the last times to get BTC sub 4k imo.

scared. coiling for a big move.


someone just ate about 3k coins with another hidden bid at 6347$ shorts piling into it. This has been very unusual last 2 weeks. It is very rare to see someone(s) put up such large hidden bids on straight cash and letting people sell/eat into it.

Anybody know or have insight to the criteria Coinbase uses for what it offers to sell? I just noticed they added ETC.

That caught me off just yesterday. I checked my Coinbase App and thought ETH had gone down to $13.

Etc was an easy add for them since they already had the framework set up for eth. I believe in the past they said they prefer decentralized coins with active use cases.

Shorts at almost ath.

yep. Market is completely levered up and a big move is going to come. bfx shorts are paying 0.02% daily for funding and the vast majority of these shorts are now underwater. That whale that soaked up all the short pressure with cash was really unexpected. Im still in awe that people literally were shorting into his 1-2-3k hidden walls knowing that he was just straight buying on cash the last few days.


best r/r trade is up now I think and it can be extremely explosive.

Just as I send there is a new hidden buywall at 6395.


Just a massive buying campaign. Up and it will be explosive.