Speculator Loses $1 Million US Dollars on Bet that Bitcoin will go to $50k

[btc-room101]

https://www.zerohedge.com/news/2018-12-06/1-million-moonshot-options-betting-bitcoin-50k-about-expire-worthless

Pretty heavy duty, and oh its down -10% now, and ETH is down -20%

BTC is now below $3400, it might break $1500 by xmas, who knows

This shows that even the big guys, experts heavy-duty traders can lose big money, but betting on the bit-coin dice.


BLOCKTOWER CAPITAL, was the lucky loser, anybody here using that fund?