So someone bet 9 million and 900 thousands US dollars that link will go down,

[Anonymous No.50865128]

and they lost. Why do people do it?

[Anonymous No.50865143]

>>50865128
it did go down shits 9 dollars

these websites are lying

[Anonymous No.50865169]

>>50865128
AAAAAAAAAAHAHHAHHAHAAHHAHAHAAHHAHAHHAHAHAHAHHAHAHHAHHAHAHAHHAHAHAAHAHAHAHHAHAHHAHAHHAHAHHAHAHAHAAHAHHAHAHAAHHAHAHHAHAHAHHAHAHAHAHAHAHHAHAHAHHAHAHHAHAHAHAHHA

[Anonymous No.50865220]

I can't fucking believe that some actually has a 9mil position open without a stop loss or additional margin.

[Anonymous No.50865237]

>>50865128
is it rly 10mill? I recall that this bot posts the numbrs in a weird way but i dont remember how you calc the amount in $$

[Anonymous No.50865251]

>>50865128
Out of every crypto to manipulate, they had to pick the one I’m all in on.

[Anonymous No.50865256]

>>50865237
It's a retarded bot in terms of clarity. The first number is actually always the dollar value and the second is just informative.
Besides: if that wasn't true in this case it would mean ~100 mil.

[Anonymous No.50865334]

>>50865128
Sloppy job Simeon.

[Anonymous No.50865373]

>>50865128
thanks for the sacrifice

[Anonymous No.50865477]

>>50865128
So this is why link was acting weird yesterday afternoon. It was literally the only coin dumping while everything was pumping. I wonder if it was nexo

[Anonymous No.50865505]

>>50865128
No it means they shorted $99,000 at 100x leverage, $990,000 at 10x leverage or any other possible combination

[Anonymous No.50865506]

>>50865128
either nexo's last stand as they are now completely insolvent or this was a hedge that didn't got properly closed
i hope its a hedge for the owner at least, cause this is roping tier bad
guess the sell pressure will be gone soon as long as king shitcoin doesnt crap the bed again

[Anonymous No.50865520]

Gamblers gonna gamble. Know when to hold em know when to fold em etc.

[Anonymous No.50865547]

yawn crypto is so boring these days what the fuck is going to spawn adoption without hype?

[Anonymous No.50865554]

>>50865505
Nope. It says they bought 9.9 mil dollars of link at the price of whatever.
It's rare; that's why the bot shows all those 100 emojis.

[Anonymous No.50865567]

>>50865128

[Anonymous No.50865843]

All of you are weffags
I sacrifice cheese pizza to moloch LINK goes to 0

[Anonymous No.50865889]

>>50865843
check out the pedo panda symbolism here kek
https://twitter.com/sassal0x/status/1557752198636789760

[Anonymous No.50865945]

>>50865128
What incentive is there for shorting that much??

[Anonymous No.50865999]

>>50865128
>and they lost. Why do people do it?
Billionaires like to gamble too ya know.

[Anonymous No.50866098]

>>50865220
In reality it's probably just a few thousand with some absolutely retardedly high leverage.

[Anonymous No.50866113]

>>50866098
nope. the bot says they bought 9.9mil of link, in order to cover their retardation.

[Anonymous No.50866245]

>>50866113
i'm not sure you know what leverage is. someone could have had 100k in margin and have 10 million in buying power.

[Anonymous No.50866252]

>>50866113
Imagine gambling away 1 million LINK tokens lmao

[Anonymous No.50866258]

>>50865554
They bought 9.9 million dollars which was obviously sold at some kind of leverage, so the liquidated margin was lower. This bot wouldn't possibly be able to know how much margin was involved. I don't think you understand the fundamentals.

[Anonymous No.50866272]

>>50866245
it doesn't matter what leverage is, that bot does not report that.
it just says how much dollars they had to pay to liquidate.

[Anonymous No.50866285]

>>50865128
WAIT UNTIL THEY FIND OUT ABOUT HOW MANY PEOPLE ARE SHORTING RLC SINCE 15$

[Anonymous No.50866292]

>>50866272
it says how much was purchased and at what price. what is going on with borrower/lenders is obfuscated.

[Anonymous No.50866298]

>>50866258
you are retarded, the leverage is liquidated at spot to cover the cost.
it's in the text anyway: "they bought X link to cover".

[Anonymous No.50866310]

>>50866292
are you stupid? if you bet $1 at X9,900,000 leverage: the exchange isn't going to buy 9.9mil of link at spot.
the bot just says the plain value of link in dollars that had to be bought to cover.

[Anonymous No.50866429]

Nah nigger, the guy got liquidated at a price Link has been numerous times over the past 2 days, so he was obviously using high leverage. And if he's using high leverage in a 10 mil position, he obviously isn't putting up 10 million dollars.

>>50866310
Using a hypothetical that would never happen is completely retarded.

[Anonymous No.50866498]

>>50866429
point is that's not how that bot works, it just reports the plain dollar value they had to buy in order to cover.
https://github.com/LittleLightLittleFire/REKT/issues/3 the API technically reports "X 1-dollar contracts" which is practically ..dollars.

[Anonymous No.50866625]

>>50866310
You're either arguing with an idiot or someone who's just trying to fud and downplay the significance of this liquidation.
It is plain as day.

[Anonymous No.50866633]

>>50865128
He probably works as a janny on /biz/

[Anonymous No.50866726]

>>50865128
The lengths these faggots will go to short LINK is absolutely mind boggling. The shorts, the BTC dumps, the endless poorly made FUD. You just know there's this cabal of retarded cretins out there banging their heads against the wall losing millions (billions?) to drive LINK into the dirt all the while we're just bagholding and jerking off to hentai while getting rich. It's some real life looney tunes shit.

[Anonymous No.50866756]

>9 million and 900 thousand
No anon, that's 9 million and 900 thousand AT $9.15
That's NINETY million dollars.
$90,585,000
that's a LOT of CASH!

[Anonymous No.50866795]

>>50865477
Checked and the Bulgarians are insolvent.

[Anonymous No.50866847]

>>50866726
I would love to read a book about it in 10 years time. A full account of all the retards and fudders.

[Anonymous No.50866893]

>>50866310
listen dipshit. the fucker that got liquidated likely shorted the break below 9 dollars. there's a reason he got liquidated in his position when it shot up 20 cents. it's because he was borrowing in a highly leveraged short.

[Anonymous No.50866920]

So what does this mean for link's price action?

[Anonymous No.50866953]

>>50865143
If only there were some decentralized way to confirm and report this type of information.
Maybe a token to pay the people who provide this service.

[Anonymous No.50867102]

>>50866953
not yet maybe in the future

[Anonymous No.50867379]

>>50866953
I heard if that token existed it wouldn't be needed

[Anonymous No.50867392]

>>50866756
ha retard

[Anonymous No.50867437]

>>50866953
why would anyone provide services in exchange for a volatile token?

[Anonymous No.50867496]

>>50866847
Your name and mine will be immortalized fren.

[Anonymous No.50867561]

ITT: poorfags cant cope with the amount of money some people actually can gamble with

[Anonymous No.50867571]

>>50867496
>my name and yours will be known
doxxed twitterfags confirmed kek

[Anonymous No.50867577]

>>50865506
They'll just sell above 9.15 at some point probably by eoy.

[Anonymous No.50867671]

The amount of retardation on this board has risen exponentially lately.
Bitmex is the final stop for degens, they allow you to deposit btc and short or long with up to 100x leverage BTC and a bunch of shitcoins.
They hide behind pages of terms for their contracts to obfuscate the fact that all they are is a casino that controls the slots. They go down on every price swing and can vary wildly vs generally accepted spot price.
This anon got likely liquidated of 100k 100x leveraged.
Real talk though if you are on a spiral right now and your life is financially shit bitmex is never the answer, dollar cock gobbling behind a dumpster somewhere is a better use of your time.

[Anonymous No.50867805]

>>50867671
cant win if you dont play!

[Anonymous No.50868823]

>>50865128
OH NO NO NO