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/biz/ - Business & Finance


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14584785 No.14584785 [Reply] [Original]

Bitmex is the largest futures exchange providing us plebs with derivatives. Arthur is making millions of dollars watching us burn our hands on the exchange while he trades against us.

While you sit there still willing to play against Arthur I want to join him. If you had the opportunity to get bitmex tokens would you buy it? Yes ofcourse, the exchange would pump its own coin and let people fomo in like Binance. But the initial risk of investing sucks right? What if it did -95%? You would be rekt.

So I recently found an opportunity, a one of a kind exchange perfected like how Apple perfected the mp3 player with the Ipod.

OKEx(top 3 crypto exchange) is building its own futures exchange called Xfutures to list future contracts of unlisted tokens. It doesn't require you to invest in the exchange, you can only stake ETH or some ERC-20 tokens supported by OKEx. Stake tokens you won't use and while they appreciate in value over time you can also earn XTF tokens. Its free fucking money /biz/. Why are you still here? Do I need to spoonfeed you more to become rich?

>> No.14584813

Dumbest post ever. Why would Arthur needs trade against you dumbass when he already makes bank from trading fees. OP is a fag

>> No.14584822

So basically I just leave my strong eth on xFutures and make money??

>> No.14584839

>>14584813

Wow what a brainlet, thinking arthur is happy with only fees

>> No.14584866

>>14584839
Arthur tells you your liquidation price idiot, learn to read? No wonder you idiots lose money on bitmex

>> No.14584879

>>14584785
you will get jewed by this nigger exchange

>> No.14584882

>>14584822
Okex top 3 in fake volume and wash trading

>> No.14584895

>>14584785
I dont get what youre talking about. whats going on with that bitmex token and why should I stake my token on this exchange?

>> No.14584925
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14584925

>>14584813
Anon you really think he only does it for the fees? Who is the fucking brainlet, it's you. Why do you think bitmex is incorporated in Seychelles? It's legal to counter trade in the Seychelles. Besides taking fees and raping you in the front he is also raping you in the back by counter trading you.

>> No.14584961
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14584961

>>14584882
It's around since fucking 2013 longer than Binance. And every fucking exchange is washtrading you fucking brainlet. Read into exchanges before commenting.

>> No.14584962

>>14584925
Retard detected.

Seychelles is british common law.

Now fuck off and go cry about your losses somewhere else.

>> No.14584980

>>14584961
And do you know why nobody uses it anymore after 2016-2017? I bet you don’t know retard.

>> No.14585043

>>14584925
If you think he is counter trading you then why don’t you just take the opposite position that you were going to tane and counter trade him???

The city of brainlet logic. You waste of air.

>> No.14585045

how much is XTF worth?

>> No.14585067
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14585067

I just HODL COTI

I follow Warren Buffet

Never counter Warren Buffet

>> No.14585066

>>14584962
https://www.trustnodes.com/2018/09/14/bitmex-seemingly-trading-against-its-own-customers-price-manipulation-in-plain-sight

>>14584980
Still one of the biggest exchanges in China. So what the fuck are you talking about?

>> No.14585087

>>14585045
It's a stealth project check their site https://www.xfutures.io/

>> No.14585094

>>14585066
You’re just an idiot and nothing can fix you. And no okex doesn’t operate in China, because trading is banned in China.

>> No.14585105

>>14584895
He is talking about the new exchange backed by OKEx. He just posted the link to the website. https://www.xfutures.io/

>> No.14585157

>>14585066
>In terms of trading PNL, the market making desk’s goal is to be breakeven.

>If the desk is making too much trading PNL, the business will instruct them to tighten spreads and increase size. As a franchise, BitMEX succeeds because of greater trading volumes, not because of the market making desk’s trading PNL

Oh wow Arthur making heaps of money trading against you, to breakeven.

Can’t even read your own link. The MM desk provides liquidity.

>> No.14585170

>>14585094
It's originally a Chinese exchange that is now incorporated in Malta. Chinese traders still use it and bypass the ban using VPN. SMFH

>> No.14585308

>>14585157
The market makers in the article are a for profit business. A for profit business is in the business to make PROFIT. They are not there to just close the spreads but also to make fucking money. Besides they also have costs to cover so do you really think they gonna do their services for free? Think brainlet.

>> No.14585551

>>14585308
His point is that bitmex gets all its profits from trading fees, not counter trades. So who's really the brainlet here. Hint: it starts with Y and ends with an O

>> No.14586234
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14586234

>>14585551

>> No.14586256

>>14585551
>it starts with Y and ends with O
If you want to insult someone please learn to spell ranjeet

>> No.14586314

>>14584785
Yes yes we know Arthur is based as fuck.

>> No.14586354

>>14584785
eyes verified, based pepe

>> No.14586441

>>14584785

Do you really trust exchanges? Note they never handle fiat

>> No.14586553

>>14585551
>Hint: it starts with Y and ends with an O
>the absolute state of Arthur's imps

>> No.14586594

>>14586553
Based