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10992019 No.10992019 [Reply] [Original]

A 16 million market-sell order can make BTC crash by 50$ on bitmex.

Crypto is fucking dead, lets get over it bros.

>> No.10992031
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10992031

>$50
>crash

>> No.10992045

>>10992019
>crash

Wut

>> No.10992086

>>10992019
t.brainlet

>> No.10992175

>>10992086
>>10992045
>>10992031

Don't you guys grasp the concept of liquidity? Bitmex alone is responsable for 1/3 of all BTC transactions in a given day. A crash is coming and there will be no survivors.

>> No.10992196

>>10992175
this is exactly why shorts are at an ATH, so whales can harvest you for everything you got

>> No.10992208

>>10992175
I think we’re just a little surprised that $50 is apparently a crash.

But on a side note, there are massive short positions opened and have been open almost all year and there hasn’t been a “crash” past $6000 so there must be some liquidity going in the other direction too don’t ya think?

>> No.10992225

>>10992208
yeah btc can move up and down $1000 and the next day no fucks are given.

>> No.10992309

>>10992225
You’re right but the main point is bit*insert whatever here* has been doing high margin trading for a while now. If there is an impending crash, I highly doubt that it was caused by this. Not to mention, I’m sure you’ve seen situations where the price drops $50-100 in a few minutes and immediately gets bought back to the top. The market will go where it wants to go. Margin trading isn’t going to dictate it. Shit shorts were at ATH a few weeks back at $6000 and everyone said shit was going to hell but we went to $7400. Like I said, what will happen will happen. Don’t stress that shit too much

>> No.10992547

there will be bots lurking to buy, you can't just plainly sell through a sell wall in practice

>> No.10992580
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10992580

>>10992019
if anything, this shows that we're still early
Just sell and leave already, or better yet, go all in short with a x5 and leave it open for 6 months

>> No.10992772

>>10992175
ever heard of bots?

>> No.10993237
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10993237

There is $2.7 billion sitting in tether

>> No.10993287

But bitmex wants there to be survivors. Hes taking us to 50K. He already told us.

>> No.10993424

>>10992019
There are invisible walls, idiot.
Also bitmex doesn't move the market.
Also, arbitrage between exchanges.

>> No.10993757

>>10992019
>Crash
>50 Dollars

lmao this isn't your bank account balance