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/biz/ - Business & Finance

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12844517 No.12844517 [Reply] [Original]

HOLY FUCKING KEK. This guy was shorting over ONE MILLION BTC and got LIQUIDATED? Holy fuck, I think he unironically domed himself.

>> No.12844520

late adopters buy the top and short the bottom

>> No.12844522

this is proof that the bear market is not over

>> No.12844535

>>12844517

Nice. No shorts, no resistance going up.

>> No.12844539

>>12844517
wow i cant believe someone shorted 8% of all bitcoins in circulation

>> No.12844561

>>12844517
Wash trade

>> No.12844570

>>12844517
That’s contacts you mong

1 contact = 1 dollar

>> No.12844589

>>12844570
>4570▶
>>>12844517 (OP)


Hey NIGGER. I think you need contacts because you forgot a letter.

>> No.12844773

>>12844522

I am too dump to understand the meaning. Could you elaborate?

>> No.12844796

>>12844570
This. It was a $1.4m short. Also, if I'm not mistaken, that also means it could have been $140k on 10x leverage, or $14k on 100x leverage.

>> No.12845261

>>12844517
is it one individual or multiple people? hard to believe someone got that much liquidated

>> No.12845287

>>12845261

with any significant price movement you see liquidations like these and bigger.
when we had the big drop from 6k it was nothing but a constant stream of 10 mil liquidations

>> No.12845296

>>12844520
also retards like me

>> No.12845302

>>12844796
this

>> No.12845310

>>12845261
Just some suicidal tard who put all his live savings 14k on 100x leverage

>> No.12845379
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12845379

>>12845310
or just someone who has spare money and likes to gamble you dumb poorfag

>> No.12845420

and no proof was provided. getting conned by random twitter users and what's sadder is that you believe this. how gullible humans are.

>> No.12845609
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12845609

>>12845310

Says someone who'll never know what it feels like to own a fraction of that.

>> No.12845974

>>12844517
Wow op you are a retard.
You have no idea what your talking about.
1.4 million dollars worth of btc. Not 1.4 mil btc. Jesus Christ.

>> No.12846010

>>12845261
Not hard to believe at all. Bitmex clearly states that if a trade is going to cause them to lose too much money they use a special set of funds to pump or dump the price to avoid losses.

This guy likely only lost $14k. Let's hope.

>> No.12846020

>>12844517
1. Contracts, not bitcoin
2. What is leverage?
Fucking brainlet