[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance

View post   
File: 4 KB, 700x400, images.png [View same] [iqdb] [saucenao] [google]
13164218 No.13164218 [Reply] [Original]

how the fuck is this exchange working? I owe them money on 3 different accounts

>> No.13164230

>>13164218
next tier fud right here

8/10 for creativity

>> No.13164235

>>13164218
But seriously how does this crypto borrowing work

>> No.13164236
File: 213 KB, 1080x2340, Screenshot_2019-03-30-14-36-15-55.png [View same] [iqdb] [saucenao] [google]
13164236

>>13164230
1

>> No.13164242
File: 195 KB, 1080x2340, Screenshot_2019-03-30-14-35-42-42.png [View same] [iqdb] [saucenao] [google]
13164242

>>13164230
2

>> No.13164260

>>13164236
>>13164242
LMAO It's real!

>> No.13164274

No FUD that is some straight fucking SCAM EXCHANGE...but what did i expect they're ex wallstreet they know they get away by just paying a fine uf any at all after all this is crypto. WORST MISTAKE EVER check out their Telegram for laughs you could tell the fucken fake accounts..

>> No.13164277

>>13164230
Third one had a minus balance of 440$ but can't access the account right now, im not fudding i already cashed out like 50 eth the last week from a 4 eth initial so im not salty, but you have to admit their business model is fucked up

>> No.13164326

>>13164277
That's fucking legend lmao

>> No.13164341
File: 74 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
13164341

>>13164277
How did you pull that off?
No kyc?

>> No.13164350

>>13164341
Absolutely none, multiple accounts with throaway emails

>> No.13164357

>>13164218
CEO said they are taking the risk, they mooned so hard. even after the manipulated flash crash they are still x6 in marketcap from a month ago. they couldnt care less about your couple hundred dollars.

>> No.13164361

动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Free Tibet 劉曉波动态网自由门

>> No.13164365

>>13164260
yeah, somehow when you get liquidated, they dont actually liquidate everything and you end up in the minus because the price of your loaned coin drops even further. i dont know how but that happened to me

>> No.13164367

>>13164350
Lmao, guess it wouldn't work anymore now?

>> No.13164382

I was about to invest with them, but got into the XBase train. Thankfully....

>> No.13164403

Bitmax is a fucking mess. I give them weeks before they close being managed like this

>> No.13164489

>>13164365
happened to me a few time desu, it too owe them money on multiple accounts. bitmax was the worst thing that ever happened to me in crypto. I'm done now. I have 2 ETH left...it's not even worth flipping shitcoins anymore. I'm going to miss the next bullrun again.....god fucking dammit

>> No.13164866

What happens if you don't pay them back?

>> No.13164924

>>13164866
nothing. but you cant trade anymore.
i wanted to repay so i was gonna sell my btmx at 15cent but i was already getting liquidated and i couldn't sell anything anymore. then it kept dumping and for some reason you dont go to 0 and have your margin account emptied but you can go minus.

>> No.13164951

>>13164924
So how low can your negative balance actually go, theoretically?

>> No.13164953

tfw paid them back for no reason....

>> No.13164968
File: 110 KB, 720x720, unimpressed.jpg [View same] [iqdb] [saucenao] [google]
13164968

>>13164953
well i had only 1/3 in my margin so yeah i did pay em back.

all in all i am 30% up now instead of 300% ;/

>> No.13165004
File: 83 KB, 900x900, 3453453466.jpg [View same] [iqdb] [saucenao] [google]
13165004

>>13164235
you put money in, they lend you 5x the use those to buy crypto. If you lost 50% of your original balance you get liquidated.
It's impossible to owe them money because you get liquidated at like 50% loss of your original.

Also OP is a fudding faggot

>> No.13165117

>>13165004
Stfu brainlet

>> No.13165144

>>13165004
this is not true. only my loaned assets got liquidated. the btmx i bought with my own funds where not sold and this made me go minus

>> No.13165272
File: 70 KB, 1868x887, file.png [View same] [iqdb] [saucenao] [google]
13165272

le absolute state

>> No.13166267

>>13164866
when you get liquidated with a negative balance, they freeze your withdraws and if you have anything on exchange that wasn't in your margin account, they take it from there. ask me how I know this...

>> No.13166344

>>13164382
God its gonna be a fun fucking ride. see you at 0.10