facesofrekt (OP)
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December 02, 2015, 11:00:18 AM
Last edit: December 02, 2015, 11:17:46 AM by facesofrekt |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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mezzomix
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Activity: 2618
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December 02, 2015, 11:23:13 AM |
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Great news! One more example for you guys to learn from.
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Cryptology
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Activity: 1008
Merit: 1001
In Cryptography We Trust
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December 02, 2015, 11:25:06 AM |
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Retail traders get attracted to leverage as moths to light bulbs and end up fried.
Trading bitcoin futures on 20X leverage is an almost sure way to lose your shirt.
Just by entering into the position you've already lost a significant part of your capital.
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croTek4
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Activity: 392
Merit: 250
the Cat-a-clysm.
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December 02, 2015, 11:36:14 AM |
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The real Fontas?
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Catether is an open source mineable ERC20 Token, powered by Cates. |
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Monnt
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Activity: 938
Merit: 1000
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December 02, 2015, 11:45:23 AM |
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That's why you only invest max $10 at a time xD
Well, that's life. You win some, you lose some. Or in this case, win none, lose $80,000.
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HCLivess
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Activity: 2114
Merit: 1090
=== NODE IS OK! ==
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December 02, 2015, 11:47:36 AM |
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Leveraging Bitcoin is like the worst idea in the universe. Far worse than trading altcoins, which is actually safe in comparison.
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Amph
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Activity: 3206
Merit: 1069
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December 02, 2015, 11:48:19 AM |
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you can see it like this, with that huge loss, many have gained through trading, so it's always a positive news in the end, if involves many gains, but if the opposite happen not so much, it leads to centralization..
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Mickeyb
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December 02, 2015, 12:08:24 PM |
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Leveraging Bitcoin is like the worst idea in the universe. Far worse than trading altcoins, which is actually safe in comparison.
Human greed is indestructible, another proof! |
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Denker
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Merit: 1014
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December 02, 2015, 12:12:47 PM |
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Wow!
This is just crazy!
Sorry to say that but how dumb can a person be?
This is the typical case of greed eats brain!
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~Bitcoin~
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Activity: 994
Merit: 1000
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December 02, 2015, 01:33:44 PM |
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$ 80,000 loss in 10% drop, oh my god i may have done suicide if i looses that much. I do day trading but don't know what is leverage, feeing quite nobe not to know that.
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MF Doom
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December 02, 2015, 02:29:55 PM |
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Great news! One more example for you guys to learn from.
how is this great news? Someones savings are ruined, and now do you think he'll ever use btc again? Yeah maybe he was stupid to do this, but its not good to see things like this, people will be scared off of using btc |
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azeminjo09
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December 02, 2015, 02:55:16 PM |
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maybe he is millionaire.. who knows
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Cryptology
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Activity: 1008
Merit: 1001
In Cryptography We Trust
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December 02, 2015, 03:03:42 PM |
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maybe he is millionaire.. who knows
Millionaires trading bitcoins 20X for fun? Hmmmm... |
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Slark
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Activity: 1862
Merit: 1004
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December 02, 2015, 03:11:07 PM |
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That's why you only invest max $10 at a time xD
Well, that's life. You win some, you lose some. Or in this case, win none, lose $80,000.
No, that is why you invest percentage of your money. It either can be 5%, 10% or 50%. I doubt that for Fontas $80k loss is heartbreaking. He is fed. |
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Rumichbit
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Activity: 132
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Bsupra C. Member
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December 02, 2015, 03:50:37 PM |
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That's just a penny for him, even so I can hear him saying daaaaamn when he checked the trade.
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spazzdla
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Activity: 1722
Merit: 1000
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December 02, 2015, 03:55:28 PM |
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Leveraging Bitcoin is like the worst idea in the universe. Far worse than trading altcoins, which is actually safe in comparison.
A lot of people are going to lose everything and the future income for the rest of the lives due to trading with leverage. The finacial bullshit in todays world is 100% criminal. Eventually reality will come in like a nuke and smash the greedy ones. |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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December 02, 2015, 03:58:44 PM |
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and another guy earned 80.000 USD...
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peonminer
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December 02, 2015, 04:14:15 PM |
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cccccarnage
mmmm onnnstterrrr killl
GOD LIKEEEE
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