Author Topic: One single guy holding the price of BTS hostage  (Read 2876 times)

0 Members and 1 Guest are viewing this topic.

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
this cagara guy is heavily long ETH

Maybe he is just baiting lol if this is true he is in trouble. look at eth now

If its a bait he has been playing it for weeks now, pumping ETH and hating on BTS. 
I believe what he is saying is true and he is long ETH and short BTS.  He is getting rekt.

If he is a big player, has the money and really wants to manipulate, it only makes sense to do that. Manipulating while not letting people know about it. But that seems far fetched. If those are his real positions it only helps BTS getting him in such a though spot
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
this cagara guy is heavily long ETH

Maybe he is just baiting lol if this is true he is in trouble. look at eth now

If its a bait he has been playing it for weeks now, pumping ETH and hating on BTS. 
I believe what he is saying is true and he is long ETH and short BTS.  He is getting rekt.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
this cagara guy is heavily long ETH

Maybe he is just baiting lol if this is true he is in trouble. look at eth now
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Assuming that what he is saying is actually true, and not some clever ploy (probably true but you never know), this cagara guy is heavily long ETH and heavily short BTS.  He probably could get margin called bi EITHER an ETH crash below 250 or a BTS rise. 

For example, ETH dumps harder -> his collateral value goes down -> he cannot hold the BTS short -> he is forced to cover, driving it up hundreds of sats.

I think this guy has had plenty of time to cover his BTS short, even on drops, when he could have made a gain.  What is he thinking.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline EstefanTT

Great info ! I bought around 2500 sat and it just bouce back up to 2600.

Instant profit !

Cool way to start the day ;p
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
This cagara guy is apparently losing a ton on ETH, since he is long ETH and short BTS.

what a combination!

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
This cagara guy is apparently losing a ton on ETH, since he is long ETH and short BTS.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
Can't wait to see what happens

After he posted it BTS dropped 200 sats lol.

It is just putting more dynamite into this ticking bomb (if true)... so what 600-700 sat explosion?

Only one Guy can help him out now?  :P
https://youtu.be/UKTNWI0eYJ4

Offline tonyk

  • Hero Member
  • *****
  • Posts: 3308
    • View Profile
Can't wait to see what happens

After he posted it BTS dropped 200 sats lol.

It is just putting more dynamite into this ticking bomb (if true)... so what 600-700 sat explosion?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Can't wait to see what happens

After he posted it BTS dropped 200 sats lol.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline emailtooaj

Sound Editor of Beyondbitcoin Hangouts. Listen to latest here - https://beyondbitcoin.org support the Hangouts! BTS Tri-Fold Brochure https://bitsharestalk.org/index.php/topic,15169.0.html
Tip BROWNIE.PTS to EMAILTOOAJ

Tuck Fheman

  • Guest

Offline r0ach

  • Full Member
  • ***
  • Posts: 93
    • View Profile
Overleveraged buffoon creates biggest Mexican standoff in Altcoin history

https://bitcointalk.org/index.php?topic=1194800.0