/biz/ - Business & Finance

>>19103661
Wish those fags would just buy spot

>>19103676
Except they didn't, the longs are gonna get wrecked, and the spot price will fucking tank in a flash crash.

>>19103661
oof to anyone who longed ETH prepare your anus

It’s going up

>>19103729
Got out yesterday

>>19103928
>It’s going up

>>19103968
Post your short or shove off m8

>>19103661
90% of these longs are in profit rn

doesn't that mean they're going to hold?

>>19104060
No. It means they will get liquidated. The herd is always wrong, mate

>>19103691
>>19103676

meh bitfinex only allows low-margin trades. they're probably less than 2x on average, almost like buying spot.

>>19104081
>The herd
bitch, does this action really look like "the herd" to you?
That is 1 single entity doing a mad make or break degen gamble.

And again, that single entity is in profit rn. Look at the dates when the big longs were made and look at the prices then.

>>19104081
>No. It means they will get liquidated. The herd is always wrong, mate
it says nothing about the number of traders, only about the amount of money long on eth. big players are usually right.

>>19104106
The number of individuals doesn't matter per se, brainlet. What matters is where the money is at. Right now it is disproportionately stacked up in longs, therefore exchanges are incentivized to dump the price to oblivion in order to liquidate.

>>19104125
>big players are usually right.
Tremendously brainlet tier statement. See >>19104129

>>19104129
>exchanges are incentivized to dump the price to oblivion in order to liquidate.
exchanges don't give a flying fuck, and certainly no exchange would dare to try crash ETH by 50% just to liquidate 373m worth of longs holy shit. i cannot phantom how fucking retarded you have to be to believe that.

>>19104180
>exchanges don't give a flying fuck
good goy

>>19104129
This has been constantly being talked about for over a year now, even before the big longs were made. So far it has been a big nothingburger with price itself swinging wildly 70% on either direction and no cascading liquidations.
At this rate looks like if ETH price were to drop under $40, we should be getting worried about liquidations.

frens for bitmex the trading is p2p so for every buyer there must be a seller so how could the ratio be anything but 50/50... also how does it work for other platforms. Can anyone explain it to me because I'm dumb

>>19104244
These are not just ordinary sells/buys, these are leveraged positions. I am not going any further in explaining, you are on your own.

>>19103661
>>19103691
>>19103968
>>19104081
>>19104129
BASED RETARD you think you got it all figured out lol
Longs hort/ratio are usless:
>if it was so easy every retard would just use this as indicator
>its important WHERE are logn s open
>its important whats the levrege
(for example i have one open at 0.016 on 2x pls liquidate me)
>>19104129
Ofc it matters you think 1 or 2 omegawhales are there to donate arthour money?
It can be insider or consensys itself before relising some big news it hapend before
Alos exchanges are not incentivized to dump the price to oblivion in order to liquidate they dont make money from liquidation, counter trades do, exchandge makes money either way

FUCK you are dumbest perosn on biz lol and bar is so fucking low congratulations on this seriously

>>19104294
>BASED RETARD you think you got it all figured out lol
>Longs hort/ratio are usless:
>>if it was so easy every retard would just use this as indicator
>>its important WHERE are logn s open
>>its important whats the levrege
>(for example i have one open at 0.016 on 2x pls liquidate me)
>>>19104129 (You)
>Ofc it matters you think 1 or 2 omegawhales are there to donate arthour money?
>It can be insider or consensys itself before relising some big news it hapend before
>Alos exchanges are not incentivized to dump the price to oblivion in order to liquidate they dont make money from liquidation, counter trades do, exchandge makes money either way
>FUCK you are dumbest perosn on biz lol and bar is so fucking low congratulations on this seriously

>>19104294
Aren't you a hateful little cuck

>>19104129
These longs are owned by exchange itself.

>>19104306
You literally got murdered and exposed as brainlet in last 20 answers by anons and me now you gonna post some onions memes to cope?

Gl big boy trader lol u have this all figured out

>>19104294
WHO DO YOU THINK IS COUNTER TRADING IN AN UNREGULATED MARKET? ITS THE FUCKING EXCHANGES. WAKE THE FUCK UP.

>>19104376
So for every ask exchandge fills bid and vice versa?
Anon counter trades make 100% pool of liquidity in perpetual contracts
WTF is wronng with you retards lol

>>19104306

>>19103729
I've got a buy in for $100

long:short ratio does not historically predict price movements. if anyone actually looked at the numbers they'd know this.