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/biz/ - Business & Finance

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>> No.8821559 [View]
File: 40 KB, 874x215, DCWxp8rUwAAfPDP.jpg large.jpg [View same] [iqdb] [saucenao] [google]
8821559

>>8821532
Somebody margintraded (made a trade, betting with more money that he actually had) on Bitmex, had a long on BTC-USD (betting BTC will go up) and got liquidated (lost all the money he bet, which in this case is 5 mil dollars)

>> No.8185259 [View]
File: 40 KB, 874x215, DCWxp8rUwAAfPDP.jpg [View same] [iqdb] [saucenao] [google]
8185259

using rektbot's own calculations and a 10 sec mental math guesstimate, about a million bucks lost.
this is tax deductible so its a good thing in some ways

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