Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Pump3r
on 30/07/2014, 12:17:37 UTC
From here : 8 million USD in bids to 270.
8 million USD in asks to 700

Now thats a pretty scary prospect. Such little liquidity for an $8billion market.

And not to forget: 29.5 million USD on loan on Bitfinex Margin Long positions. Perfect szenario for a further decline, if not a crash

Despite bearish ShroomsKit Indicator, to much bull, insufficient despair.