Quote from: CEG5952 on June 10, 2014, 04:51:58 AM

I very much agree with your position on leveraged longs. ATH in longs, at this price level and movement, and considering (from my amateur observation of BFX and Stamp on Wisdom) much of this rise on Stamp was push up by BFX market buys....makes me nervous. I still see some people mentioning "short squeeze" here and there. I think the shorts have been squeezed. And if the bullish momentum doesn't start soon, these longs risk feeling the squeeze. (And the books are scary thin for the amount of longs too)

I notice also that during the night (for me) or rather the very early morning, that both Huobi and Bitfinex broke to the upside on strong volume. But Bitstamp, didn't get out the $650s. The break out on Bitfinex coincides with yet further ATHs on the USD swap rates....could of course be yet more short stop loss farming by the rats who operate the exchange with access to the required inside information.

As I said before, Bitfinex wants to go up, Huobi wants to go up. But Bitstamp just will not budge which means that the market will not budge. Peculiar.

Quote from: oda.krell on June 10, 2014, 11:21:19 AM

Mat kind of seems to have some decent intuition for the market. He just completely lacks trading discipline and emotional control, from what I can tell.

and I resolved to wait on getting some kind of strong intuitive feel on the market before exiting my position.....but too many 'facts' were staring me in the face to ignore and I have to let logic thinking guide my decisions to some extent. So I decided to cement some losses. I got up this morning and saw Bitcoin $10 higher than what I sold at (on Stamp), which seems to be as high as it is getting for now.....pffft....I really don't know what is coming next......forces at work operating through Huobi and Bitfinex that definitely want market to go higher, but forces at work on Stamp aint having it. Why is this? Because Huobi and Bitfinex both do leverage and probably also completely fake volume and Stamp does not? If there are whales on the other exchange gladly willing to bid Bitcoin up on other exchanges why aren't they also doing it on Stamp? Could it just be insider short stop loss farming or something even more nefarious?