It's the train that never stops going.
Mind The Gap.
Perhaps the train is stationary and it is the entire station that is coming or going #relativity |
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Oh no, not another one of those optical illusion gifs? |
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The person did in on Bitmex. If he had 100x leverage, he only lost USD $480K. If he did 25X leverage, he only lost 1.92 Million. Still, a lot of money. Judging from the amount of the rise yesterday, he probably had it on at least 15x leverage, which would be 3.2 million.
I could be wrong though. He could have had lower leverage and has had the short open for quite sometime, and lost more money. If that were the case though, he should have cut his loses long ago.
I don't trade on Bitmex, but looking at their margin requirements, you can't do 100x on such a large position. At ~7800BTC, your margin would need to be around 38% judging by their formulas: https://www.bitmex.com/app/riskLimitsAlso, you sure it's Bitmex? I'm pretty sure it's OKEX, as their contracts are $100 per. |
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Shorting ? Alts and Bitcoin hedge each other ( i mean, only serious alts) !
The guy's short got liquidated for $48M. It smells of the nouveau riche, and alts seem like the most likely source of said new wealth. I could be wrong in my assumption of course. |
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Made a fortune on alts, lost it all shorting Bitcoin? |
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Shouldn't he be the Institute for the Future's admin assistant rather than their research director?  |
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No more silk sheets for him. Welcome to the world of sleeping on floorboards. |
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3 million?
With 200 000 euros, at 6% yearly interest rate (stock market), this gives a yearly interest of 12 000 euros. This is actually the same as my yearly expenses. So i could stop working right then.
With 400 000 euros, at 6% yearly interest rate, that is 24 000 euros per year. 2000 per month. Double of what i am spending now. So that would be very comfortable living. (+ another 10k yearly to spend from 70-110 years old so i spend everything)
With 500 000 i would have 100k to burn in addition.
btc x3 please in next 10 years 
Now, to buy useless status symbols, i am much too greedy for that. Hm. Perhaps it's not so useless for the women. But will buy plastic surgery instead. The calculations presented need to take inflation into account. Also, the stock market can not only fall short of your annualised returns, but destroy your wealth. I do think $3 million is excessive for someone around 50 though. I'd have thought $1 mil was more than sufficient to retire. |
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ETC $1B / ETH $28B
BCH $7B / BTC $96B
Nope. Still not seeing it.
You are comparing ends with starts. Here is an overlay I did between the two ratios. Daily ETCETH is from Polo and is yellow/blue, while daily BCHBTC is from Bitfinex and is red/green. Time scales are shifted so both align at the point they hard forked:  Besides, ETH is an irrelevancy.
It may well prove to be an irrelevancy, but it certainly isn't at present or during its split. |
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$415 a pop right now. $7B market cap. AND up 12.5% on the day. In what way is that worse than ETC?
By way of the most relevant metric: ETC/ETH : BCH/BTC. |
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Au contraire, my good friend - BCH is off to a smashing start. By "smashing start" do you mean worse than ETC? |
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On Electrum you go on Coins tab and you spend them from there, one by one. Didn't you know that?  I was a Core man, but have been using Electrum recently and have been quite impressed. Watching-only wallets, like Armory offers, was a deal sealer for me. |
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Buy the doubt, sell the belief. Rinse, repeat.
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There are some scary people here. I often wonder what roach is like in real life... Happy-go-lucky, skipping along to Uncle Remus every day. |
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But if you don't believe Bitcoin will still be around and be a "thing" in 30 years, well then you must not believe that it will disrupt and revolutionize finance at all.
The most precious asset we have in the world isn't our bitcoin, it is our time. I'm not spending my life as a pauper so I can enjoy a multimillionaire lifestyle when I'm beyond my prime. |
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This might be interesting information but it's difficult to see. I Agree! |
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https://www.youtube.com/watch?v=t0aUlFM5TAAEventually, probably in several years from now, Karpeles is gonna get very rich, and we are all gonna get fuck'd and paid $480/BTC. (MtGox is now solvent, and all excess profits will be distributed to shareholders) edit: Peter Vessenes. who is holding up the MtGox distribution, is now working with Geoff Garziks - Metronome https://www.metronome.io Good presentation. The whole bankruptcy procedure seems like an expensive joke. The fact that they'll be handing the excess funds to people like Karpeles and McCaleb (the guy who knowingly sold an insolvent exchange to Mark) is ridiculous. |
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BTG futures market already active and going haywire on Yobituary.
current bids .083btc... crypto insanity, but what else is new?...
Looks like it will be a nice little earner. I thought the same as others that it would be in the millibits range. |
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^ Ha ha, that's great  |
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We are currently declining, and millions if not billions of people will soon die. Places like Venezuela are just the start.
Is this your opening line of conversation at the dinner table? Anyway, seems like we're having another crack at 6,000. There was a little more resistance than I was expecting. Perhaps traders are wary as the combined crypto cap is forming a double top. |
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