inca
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May 07, 2015, 07:22:54 PM



That would be a bit painful and might help explain the healthy bidside too
I'd also be pretty pissed at BFX if they spoofed me into a short last night Cheesy

Shorting at this point it time seems excessively risky, like picking up nickles in front of a train. BFX is very influential and may even lead this market, but it doesn't control it. They had a glitch related to an UPGRADE. They are upgrading.

I think you are missing my point. Yes, glitch was related to an upgrade - shit happens. Other shit that happened is that a bunch of people almost certainly DID short the move on several markets, who likely would not have traded if the event did not occur. They are currently 'out of position' right now with shorts they don't really want, and are likely to add to the buying pressure in the next couple of days Wink

i don't think they quite realize they are "out of position" just yet, bitfinex has seen >1k more in shorts come in since i woke up, a few hours ago.

now at 30,995.46 BTC

its looking good,pretty sure the next 24 hours are critical

Yep just noticed we are a hair off 31k shorts. Someone is going to get burned when this resolves Smiley

It is a beautiful thing - a rising price, and rising shorts already underwater..ha