Bitshares price discussion

[Ander]

Apparently cagara said he is currently at 40% collateral, which means he is now 2.5x on margin.  Thats the point polo stops letting you margin more.  So now we cannot dump anymore and is losing his grip on the BTS market because he cannot hold it down any longer.

[Ander]

Hard to tell where margin call is based on that because he is ALSO short on eth which he is down on as well now.

So an ETH rise or a BTS rise hurts his margin level.  I'm rooting for ETH again now.

[jsidhu]

This was literally RIGHT after a 40 btc dump.  So it seems it isnt a lie, he really is short this much.

haha i caught him on that right before he started chatting it was obvious.. so he says hes short 5534919.41673062 but I personally think its more.... he says hes at 40% margin so I wonder where his margin call would be?

[Ander]

This was literally RIGHT after a 40 btc dump.  So it seems it isnt a lie, he really is short this much.

[Ander]

The rally time is getting closer...

[liondani]

"Blazin = Cagara"

That thought cross my mind a couple of times !

It must be him!

[Ander]

Cagara in polo chat a bit ago:

"My new ETH short is now at -2 BTC 10 seconds after I opened it".

Lol.

[EstefanTT]

"Blazin = Cagara"

That thought cross my mind a couple of times !

[Tuck Fheman]

"Friday we start moving. So get packed!" - bts-wolong

We're either moving to a new office on Friday or ...

[Troglodactyl]

Blazin8888 = Cagara? :-P

[EstefanTT]

Highly doubt that you really doubt !

[Blazin8888]

Highly doubt that.

[Ander]

It seems like we are still in the sideways grind part of the correction.  See what it did in the 1900 to 1750 range a couple weeks ago.  Eventually it should break higher, probably within the next few days.  Just waiting.

[jsidhu]

It looks like we are still looking for the new bottom. The price should continue to fall for now.

8 days are almost up for your credability

[Blazin8888]

It looks like we are still looking for the new bottom. The price should continue to fall for now.