$Bitcoin (BTC.CC)$ okay so here it is somebody blew out the...
the dollar yen just went nuts.
look at the dollar yen.. straight down at coincided tick for tick with Bitcoin so somebody must have had a huge unwinding in Japan something happened over there and they blew out of massive amounts of Bitcoin because the slide is exactly the same time
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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forbidden knowledge : Carrie trade was still 50% wound
10baggerbamm OP forbidden knowledge : no one knows exactly how much people have said 60% 70% 80 nobody knows and nobody knows when somebody's going to wind up getting a margin call on their end that's going to result in liquidations because that's what happened was massive liquidations at Market. so I listen to everybody I read everything and the answer is nobody knows what is left or when it will exactly happen but when the US cuts rates it will trigger another disparity between the dollar yen which will create calls