Yellow circle ~1250

maybe btc38 is not solvent?

Quote from: clayop on October 22, 2015, 09:06:32 PM

Quote from: liondani on October 22, 2015, 08:58:27 PM

Quote from: jsidhu on October 22, 2015, 08:49:15 PM

Quote from: topcandle on October 22, 2015, 07:43:54 PM
What's the status of BTC 38 and Yunbi?  The lack of these two exchanges is contributing to the enormous short sqeeze from polonieux.  Why are they taking so long to change to BTS 2.0?

Probably still running a scam... im guessing they are selling bts taking out btc and then selling bts 2.0...

we should insist they show us their bts2.0 cold-wallet like poloniex did!  ( when they "finish" their migration)
If they don't provide details you are probably right   :( 
i can not find other convincing explanations either.

I contacted BTC38 and they told me they found a bug (what?!) and security concerns in BTS 2.0. What a joke.

It smells like they are dumping on poloniex....

Quote from: CRWTH on October 22, 2015, 09:26:13 PM

Quote from: werneo on October 22, 2015, 03:35:01 PM

Quote from: nomoreheroes7 on October 22, 2015, 12:43:43 PM
Soooo....which way we headed? I can't read this stuff hah.

looks like we're headed south from here.

SO not buy now.

I have no idea what you should do. All I can say is that the downtrend is still alive, and anything can happen.

I think the sudden infusion of 200 btc to the buy side on poloniex prevented a cascade of margin calls and saved the price from potentially dropping into triple digits. I am not convinced we've seen the low.

Quote from: werneo on October 22, 2015, 03:35:01 PM

Quote from: nomoreheroes7 on October 22, 2015, 12:43:43 PM
Soooo....which way we headed? I can't read this stuff hah.

looks like we're headed south from here.

SO not buy now.

Quote from: liondani on October 22, 2015, 08:58:27 PM

Quote from: jsidhu on October 22, 2015, 08:49:15 PM

Quote from: topcandle on October 22, 2015, 07:43:54 PM
What's the status of BTC 38 and Yunbi?  The lack of these two exchanges is contributing to the enormous short sqeeze from polonieux.  Why are they taking so long to change to BTS 2.0?

Probably still running a scam... im guessing they are selling bts taking out btc and then selling bts 2.0...

we should insist they show us their bts2.0 cold-wallet like poloniex did!  ( when they "finish" their migration)
If they don't provide details you are probably right   :( 
i can not find other convincing explanations either.

It made sense and I have been saying this for months, the mindless dumping without regards to price seemed like it was caused by someone just freeing up btc.. I believe its coordinated but I wonder who the suckers are. There are not many ppl complaining here about not being able to withdraw (to get their snapshot conversion) so im not sure what to think who the winners and losers are in this... but seems to trickle over to polo.. maybe their btc withdraws are enabled?

The bug thing I don't believe.. unless BM can say that they did tell them that, Id like to think the gig is up for them.

Quote from: liondani on October 22, 2015, 08:58:27 PM

Quote from: jsidhu on October 22, 2015, 08:49:15 PM

Quote from: topcandle on October 22, 2015, 07:43:54 PM
What's the status of BTC 38 and Yunbi?  The lack of these two exchanges is contributing to the enormous short sqeeze from polonieux.  Why are they taking so long to change to BTS 2.0?

Probably still running a scam... im guessing they are selling bts taking out btc and then selling bts 2.0...

we should insist they show us their bts2.0 cold-wallet like poloniex did!  ( when they "finish" their migration)
If they don't provide details you are probably right   :( 
i can not find other convincing explanations either.

I contacted BTC38 and they told me they found a bug (what?!) and security concerns in BTS 2.0. What a joke.

Quote from: jsidhu on October 22, 2015, 08:49:15 PM

Quote from: topcandle on October 22, 2015, 07:43:54 PM
What's the status of BTC 38 and Yunbi?  The lack of these two exchanges is contributing to the enormous short sqeeze from polonieux.  Why are they taking so long to change to BTS 2.0?

Probably still running a scam... im guessing they are selling bts taking out btc and then selling bts 2.0...

we should insist they show us their bts2.0 cold-wallet like poloniex did!  ( when they "finish" their migration)
If they don't provide details you are probably right   :( 
i can not find other convincing explanations either.

My long trade was stopped out...  remember when everyone was screaming "now is the time to buy BTS!" before the 2.0 launch...



Here's to the last of the longs trying to escape the flood of shorts.  "This ship can't sink!"-Joseph Ismay

Quote from: topcandle on October 22, 2015, 07:43:54 PM
What's the status of BTC 38 and Yunbi?  The lack of these two exchanges is contributing to the enormous short sqeeze from polonieux.  Why are they taking so long to change to BTS 2.0?

Probably still running a scam... im guessing they are selling bts taking out btc and then selling bts 2.0...

It looks like 0.00001230 BTS per BTC was briefly touched on Poloniex. As far as I can tell, that's a new all-time low for trading on that exchange and currency pair. :'(

Wow.

Quote from: Tuck Fheman on October 22, 2015, 08:10:15 PM
yep

BTS was down to around 80 btc in the buy column.  Then some whale put 200 btc on the bid side and the price spiked temporarily.  :o

yep

What's the status of BTC 38 and Yunbi?  The lack of these two exchanges is contributing to the enormous short sqeeze from polonieux.  Why are they taking so long to change to BTS 2.0?

Quote from: werneo on October 22, 2015, 03:35:01 PM

Quote from: nomoreheroes7 on October 22, 2015, 12:43:43 PM
Soooo....which way we headed? I can't read this stuff hah.

looks like we're headed south from here.

Oh dear.