Quote from: MatTheCat on June 10, 2014, 01:44:19 AM

Quote from: bitcoinsrus on June 10, 2014, 01:40:40 AM

If I understood better about bitfinex, I would bet that it would go higher (in the up coming weeks).
You do bring some legit observations about the bearish issue (and I did expect 700 for this week already since it hit 680 last week).

Its barely getting 650. Lets see what happens mid to end week.

Market is feeling rather heavy. That is why I exited my position at small loss.....for the nth time in the past phucking week, thus largely devouring the profits I made on the way up (again, less than half of what I could have made if I wasn't a shit trader)

Houbi and Stamp lead. So Bitfinex being over extended is not a market mover ,IMO.

Plus I still can't wrap my head around the fact that Finex never has less than 15 million in longs at crazy interest rates. It has never made sense to me.