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/biz/ - Business & Finance

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19428328 No.19428328 [Reply] [Original]

>> No.19428451

keep till 9850 and then take profits

>> No.19428547

>>19428328
Incredibly good entry.

>> No.19428674

I just missed my chance of daily move entry at 78. Now it is 300+ in one hour. Kill me

>> No.19428724

If BTC went to 1 million, would the exchange go bankrupt?

>> No.19428731

wait, hoild my beer, could go over > 10k here

>> No.19428747

>>19428724
no because of deleveraging mechanism. bitmex only pays you from other traders deposit.

>> No.19428755

>>19428328
based

>> No.19429103

>>19428731
I don’t even trade BTC but admire the balls on the guy

>> No.19429116

>>19428328
What does it mean?

>> No.19429144

>>19428724
bitcoins only gain value from the money that’s put into them. so you cant sell a bitcoin and make BTC go negative. it’s a closed circuit

>> No.19429267

>>19429116
A guy basically made a 2 million dollar bet bitcoin was going to rise over 8810 pretty violently.

We're about to hit 10k. He's made a ton of money problably, but without knowing his expiry date, hard to say how much. Over 500k at least in the green.

>> No.19429300

>>19429267
pretty based but also could be a larp made in ms paint

>> No.19429362

im considering it a larp if he never came back

>> No.19429944

>>19429144
>>19428747
I don't understand.

If the price goes too high and the exchange can't pay you beyond a point, the long gets closed and liquidated? doesnt this suck?