#1
holder on OKEX was holding his 1,195,456 contract short ($119million) for some time -- he was just LIQUIDATED -- officially largest liquidation ever in OKEX history -- first time over $100million
lol
@PeterSchiff
comes on a google hangout & doesn't even know how hangouts works yet wants to tell us how technology like BTC is worthless and going to zero -- this is fucking hilarious I can't stop laughing
I survived (and even profited) from Bitcoin going from $1300 to $150 -- do you (noobs) think you can survive the coming bear market from $20,000 down to $3,000? If you are an OG crypto trader can I get a retweet
Everyone in crypto has their "oh shit I really missed the boat on that one" moments -- mine was when
@cz_binance
contacted me in June of last year to tell me about his (then unknown) exchange project called Binance. I should have paid more attention lol
There is officially --
#1
holder just got liquidated for over 1,000,000 contracts or $100mill -- he was short -- he has several short positions getting liquidated at different prices
Do you understand the concept of screenshot/screencapture ? lol -- taking a cell phone pic of a chart on a computer. Also clean your fucking monitor of those jizz stains ffs.
What if this is the $680 pump relief rally/giant bear trap we had in 2014 before rolling back over to the ultimate bottom? Going to need to see green candles with higher lows and higher highs before we actually have a trend/new bull market
I have to say I used to dismiss
@APompliano
as just another BTC hyperinflation type but I have to say I have been listening to a lot of his podcasts now and he does an amazing job. Some really great content and I am glad I overcame my bias to listen and be impressed. Thanks Pomp
LOL zjz
@WSBCoinOfficial
&
@wsbmod
you guys are so literal noob as fuck with crypto when you copy and pasted the template contract you forgot to remove the MINT function !! fucking REKT -- maybe you should actually figure out how to be do basic crypto functions first
In my mind this is still the best pro Bitcoin speech ever with
@ErikVoorhees
or maybe I am biased because it was what sold me on Bitcoin... always and forever thankful for Erik articulating his thoughts back then
Let it be known the only successful recovery of hacked funds ever was when BTC-e was hacked and they went out and hacked the hacker back and got all their funds back... only in Russia does that happen though
My honest guess is that a hedge broke that was using BFX spot and BitMEX futures -- algo reported a 0 balance or unresponsive API on BitMEX and auto/market closed on BFX
This just goes to show how important BitMEX is to the market. EVERYONE needs to familiarize themselves with the ins and outs of the BitMEX due to this ripple effect on the market.
There was just a 12.8 million contract liquidation on EOS futures on okex.
I think that is the biggest dollar figure liquidation ever on okex. 128 million dollars.
Anyone else concerned that we are 2 year highs in margin longs and very close to 2 year lows in shorts ? that doesn't exactly get me bullish at all here.
I have plotted
@bitfinexed
's tweets per day over the last 6 months against BTC price -- he average tweets per day has gone from 39, 55, 127, to 180+ tweets per day now -- at times in the last month average 1 tweet every 6 minutes
@0xDekadente
Btw what you are proposing with buybacks with LP is called weaponized liquidity-- I have had much experience with this and it is quite interesting
yo
@cz_binance
this is complete and utter bullshit -- very few exchanges do so (nearly all the old chinese exchanges and some new ones do). It is far from the norm or "most" in this space. You are flat out lying here
I have decided to resurrect some of the old crypto lingo I used during the last bear market.
Monkeyhammer(ing) : the consistent bitch slapping of any rallies, breaking the spirit of even the most dedicated permabulls through relentless selling.
@cz_binance
a long bear market which includes 12 months of sideways to exhaust the sellers, the bull market will be born when there is no one left to sell not what when buyers show up.
Don't fall for
@Bitfinexed
claiming he actually received a 1BTC donation-this account
@tether_is_fiat
was made this month(lessthan 5 days old) and the only person it follows is BFX'ed-this is the old tip jar stuffing trick to get more people to donate by putting money in yourself
A complete an utter dissection of the Rollbit "Crypto Futures" drama going on right now involving 🪩
@gainzy222
🍕🍩
@FatManTerra
👧
@amberXBT
& 🙈🙈
@KeyboardMonkey3
a 🧵thread below as I am coughing and high on cough syrup from this Miami flu but here goes...
@RichardHeartWin
@DougPolkVids
have to say Doug you rekt by Richard on this point but I doubt you have ever opened a TradingView chart before or even understand what log scale is
There is some important context the noobs don't know about this -- when CZ was at OKC International and built that platform BitMEX just copied and pasted it and renamed things to DPE (socialized losses) and other things but is was all copy and paste
WRONG -- OKex formerly OKCoin International had a massive market from 2014 through early 2017 even. Just because you weren't there doesn't mean "NOBODY was using leverage" -- also BFX was around since early 2013 WITH LEVERAGE. Narrative REKT
In 2017, almost NOBODY was using leverage to trade. Bitmex was a new idea. The equivalent of 100x leverage was flipping altcoins. It was a lot more fun, honestly. Leverage trading destroyed this market, because it made retail traders lose their money faster.
@KyleLDavies
being over leverage and getting rekt by Caroline doesn't mean there is some "revolutionary" change back to anything "old school" it is pretty simple risk management you guys got GOT so just take it like a man rather than a little girl ffs
@PeterLBrandt
@coinbase
don't think crypto is meant for old people like you Peter -- the world moves and you aren't keeping up with it -- do you want them to mail you statements and have a FAX number as well ?
just got brought to my attention this CEMEX company ... been around since 1904 concrete company in Mexico... quite large even trades on NYSE but you know that LOGO I think I have seen that somewhere..hmmm
Very possible the bull market of over 26 months (from November 2015) has ended in $BTCUSD -- just had a lower high on the weekly and could be upon a prolonged bear winter of 12-24 months
BitMEX is broken anytime there is a whiff of volatility. During the big sell off we saw over $400 of slippage and 700 BTC added to their insurance fund. Leave their broke platform and go to
some of the best crypto exchange CEO's in no particular order:
Bittrex Bill
FTX Sam
Arthur Hayes BitMEX
Mark Lamb CoinFLEX
Nejc Kodrič BitStamp
John Jansen Deribit
I have said for a long time that as the BTC market matures/ has a larger market cap we will see longer cycles/elongation -- still think peak to peak is somewhere in the 6-8 year range for this cycle (2024-2026). We also haven't based like the purple circle of last cycle
I think both
@SalsaTekila
and
@RookieXBT
have the idea right regarding $ETH but thing is the liquidity suction effect of a parabolic BTC can crush alts for months, the liquidity merry-go-round takes time to spill over
it is going to be amazing how many ETH, SOL, POLYGON whatever the fuck Metamask moonboys are left in the dust trying to figure out BTC assets this summer when they moon hard ie BRC-20, SRC-20, XCP-20
$FLOCK already did a $25k to $1million MCAP in a few hours a 40x bagger, DON'T SLEEP ON $FLOCK !!!
first XCP-20 token minted 9 years ago by the one and only
@wasthatawolf
RAREPEPE OG
EU's Anti-Money Laundering Directive (5AMLD) is set to take effect in two weeks. Exchanges will have to register and let authorities obtain KYC of users. This means that even Binance and OKEx, both based in Malta, will be required to follow these rules or leave the EU
I will say this -- I have long disagreed with BFX'ed over the course of the last 1.5 years but the premium on the USDT BTC pairs has widen from about $20-25 a week ago out to $45-50 (76 basis points) currently. The markets are starting to speak and I am listening
We must be getting closer to the bottom as the late 'gurus' to the crypto bubble have started removing 'crypto investor' from their twitter profiles lol
@Jason
@Bitfinexed
@Tether_to
2) Also you ask for his motivations it is basically because he went insane on missing out on the largest financial move in history -- he sold everything at $1000 max and then doubled down, screen shots from early April 2017 as proof, guy went mentally insane ever since
This bid was just filled 341,000 contracts ($34mill) -- guy is long as open interest spiked as the bid wall was eaten -- looking at the leader board my guess it was
#1
holder -- we will see on the next update
this fucking crustation of a pundit -- did he not even look at what USDT is trading at currently ($0.974) lol. Maybe his horse and buggy didn't deliver the news yet
@DJThistle01
your biggest insecurities will be exposed when trading -- it breaks down your character into it's rawest form -- you can't hide from yourself
I have heard whispers for yrs regulated exchanges have intentionally tried to sick the dogs of US regulators on their offshore competition. GUSD launched in Sept 2018then suddenly NYAG took an immense interest in BFX&USDT? seems like Winks might have been whispering in their ears
@coin_signals
1/ you seem to have selectively cropped out the rest of the important information of the trades that is required to brag/boast -- if you are going to take the time to get into a dick measuring contest why not provide all the information or don't bother doing it at all
Hey
@rollbitcom
I have yet to get a good answer or find an answer for this: If a position is liquidated and there is any collateral that remains after the liquidation where does that go ? back to the user ? to Rollbit ? and if so what are you guys doing with it ?
@gainzy222
yo
@wasthatawolf
pretty impressive actually FLOCK was initially issued 07/11/2014 that predates I think any of the image/NFT stuff right ? so you had an image with the token way back then ?