Blood in the streets due to possible BTC Fork - Some Whales Killed Brutally!

in bitcoin •  8 years ago 

I wrote yesterday of possible BTC fork and 2 coins getting out in the end.

Price started tanking right now with super speeds.


If you were long on BTC this hurts..

BitMex killing Bulls

BitMEX XBTH17 futures has liquidated a long position of 433,685 contracts ($433,685) at 960.49. Margin lost: $4,336@100x; $8,673@50x -- Sat Mar 18 15:42:12 +0000 2017

BitMEX XBTUSD futures has liquidated a long position of 63,545 contracts ($63,545) at 965.91. Margin lost: $635@100x; $1,270@50x -- Sat Mar 18 15:42:33 +0000 2017

BitMEX XBTUSD futures has liquidated a long position of 117,853 contracts ($117,853) at 964.83. Margin lost: $1,178@100x; $2,357@50x -- Sat Mar 18 15:42:38 +0000 2017

BitMEX XBTH17 futures has liquidated a long position of 47,313 contracts ($47,313) at 950.85. Margin lost: $473@100x; $946@50x -- Sat Mar 18 15:42:39 +0000 2017

OKCoin Futures Also Eat Some Whales

OKCoin BTCUSD Weekly futures has liquidated a long position of 5,000 contracts ($500,000) at 957.34. Margin lost: $25,000@20x; $50,000@10x - 2017-03-18 23:42:22

OKCoin BTCUSD Quarterly futures has liquidated a long position of 1,181 contracts ($118,100) at 970.29. Margin lost: $5,905@20x; $11,810@10x - 2017-03-18 23:43:41

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Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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8 years ago by

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    • [-]
      ·  8 years ago 

    Upvoted because it was short and sweet. I'm taking a stance.

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    11 votes
    [-]
      ·  8 years ago 

    u good attitude

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      1 vote
      [-]
        ·  8 years ago 

      Wow, there are some seriously sharp trends here! Amazing to see the Steem poke out of the dark after the lows of the last few weeks. Thanks for sharing, namaste :)

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      3 votes
      [-]
        ·  8 years ago 

      Bitcoin has the first mover advantage, which means being the first one is what keeps it at the top, and to stay on the top they need to retain three positions:

      1. Fast transaction time (bitcoin is slow)
      2. Low transaction fees ( not the case with Bitcoin anymore)
      3. Governance ( a fight over what should be done with blockchain size means they have weak governance)

      I would say bitcoin as a technology can be developed more and saved, but because of social problems and weak governance, the end of bitcoin could be near.​

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        1 vote
        [-]
          ·  8 years ago 

        This sounds scary!

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          [-]
            ·  8 years ago 

          amazing.!!!
          there are some seriously sharp trends here, friend @kingscrown
          good luck.

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            [-]
              ·  8 years ago 

            I am really curious what is happening in all these cryptostuff in future. Seem to be a really exciting time now.

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              1 vote
              [-]
                ·  8 years ago 

              What a great info post! Thank you @kingscrown!

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                [-]
                  ·  8 years ago (edited)

                The small issue here is these exchanges said if there was a fork they would also add the newer version. Im pretty sure people are intentionally leaving that part out but everything i have read shows. If it does fork then they are agreeing to add the new standard as well. Why wouldn't they, in the first couple of days there would be massive fee's to have been had.

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                  [-]
                    ·  8 years ago 

                  To the bitcoin maximalists that FUD'ed r/ethereum so hard because of the dao bailout hardfork and that ETC came to life, lol. Karma.

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                  12 votes
                  [-]
                    ·  8 years ago (edited)

                  this was a good post. short and sweet. Resteem

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                    [-]
                      ·  8 years ago 

                    Fascinating times in crypto, but for me Bitcoin is amazing for the stability it is showing, even in the face of being cut in two! Or should I say forked apart? In the last 24 hours Bitcoin has dropped about 5%, almost becalming. I just hope the fork threat will help sharpen minds of those directing the future of Bitcoin to get a roadmap in place to solve the scaling issues. Oh, and good luck Steem, what fun your roller coaster price changes are for us all!

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                      [-]
                        ·  8 years ago 

                      i up-vote in the end because your thoughts and opinion are real and i am happy to see steemit on Top.

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                        [-]
                          ·  8 years ago 

                        Yesterday was truly a brutal day for most crypto coins, but luckily things looking slightly more stable today.

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                          [-]
                            ·  8 years ago 

                          Poor ol bitcoin.

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                            [-]
                              ·  8 years ago 

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