/biz/ - Business & Finance

>>17760369
Wow, BitMEX really stopped. That's amazing.

i don't know about bitmex, but I was just thinking about how many exchanges are going to remain solvent through all this if the price keeps getting thrashed. I legit think we'll see some exchange liquidations. get your shit into your own wallets anons.

It just moved from 3614 to 3610, but then it stopped again.

>>17760369
>exit scam
why the fuck would they exit scam?
I'm pretty sure what they're racking in on the daily is impetus enough not to kill the golden goose.

>>17760369
>bitmex goes down
>bitcoin immediately bounces

Anyone that trusted bitmex after all the shady garbage it did on a daily basis deserved it

>>17760542
Wow exchange halted. People should remove their funds from all chink exchanges

>>17760607
It's funny how that works.

>>17760617
anyone that kept their btc on their after that email shit in november is retarded

Something is still executing trades. Price is climbing back up.

>mfw I was about to add to my long before it went down

>>17760742
can access it through my api tool no probs. stop using the web gui like a bunch of plebs

What in the fuck is happening

>>17761122
lmao at all the long liqs down here. fucking dummies

>>17760927
I'm working on it.
I'll have a bot on the API soon.

let's fomo long 100x at the top of a 30% bounce.
fucking hell.

gdax is down for me right now

>>17761389
the API is a bit laggy though atm.
I'm still logged in on the gui also but then i'm never really logged out these days
not about to restart it to do a test.

As soon as mex opens watch people pile into longs.

>>17761122
short squeeze while no one can exit positions obviously.

Arthur sends you his apologies
>kek

>>17761600
BearMEX is back.

>>17761578
then whales dump again and they all get REKT

>>17760656
What email shit?

>>17761666
hey satan, some retard was doing a CC and rather than it emailing one by one everyone who got the email got a list of like every account on bitmexs email and then there was rumours of hacks etc at the time

>>17761627
he only needed a couple minutes to wreak havoc.

>>17760369
IT FELL AGAIN, PLEASE LET ME OPEN MY POSITIONS!!!!

>>17761666
They bulk emailed an announcement to all their users, but they did it in such a way that other people's emails were exposed for all to see. The From: header had tons of email addresses in it + your email address.

>notice everyone shorting
>to create liquidity shut down site
>pump price up on CB/Bstamp
>watch late shorts squeeze up
congrats, more buying liquidity

>>17761764
It was quite eye opening to see Bitcoin price rebound once Bitmex went down.

I've never seen the orderbooks this thin. Where did all the market makers go?

>>17760742
Bots using api

>>17761647
lol, imagine we spike 8k today and the same thing happens
I want to see all the bottom shorters get rekt

>>17761884
they already got wrecked.

That candle up just killed everyone who was leveraged more than 2x

>>17760585
They just made more money REKTing the tards shorting than most anons will in a lifetime. Why exit scam, when they found the best way to profit off poos and NEETs?

The threats of investigation in their chat right now are fucking hilarious, how do you not know Bitmex is intentionally not under the authority of the SEC, and that threatening them with SEC investigations when it's literally against their TOS to trade there if you're a US citizen and under the purview of the SEC? And, wasn't it not being part of the regulated financial world a selling point?

Oh, wait, it's Bitmex, you have to be retarded to buy in there anyway.

I wish BitMEX would go offline again so that the spot exchanges could reclaim weekly support.

>>17761912
ever heard of cross margin u mongoloid

>>17761846
they fucking ragequit crypto

>>17761970
now you're just making things up.

>>17761970
you mean most people aren't all in on every trade? wtf

LOL at poos begging for refunds in Bitmex chat. Why can't corona just wipe India out and leave us the fuck alone.

Weekly support is getting reclaimed.
Bitstamp and Coinbase are already there.
Binance just needs another $100 to go, and Bitmex needs $400 more.

>doubled my money because of the freeze
>its almost like bitcoin didn't fall 50% today

https://twitter.com/SBF_Alameda/status/1238306306043162625

interesting thread, says bitcorn was going to 0

>>17763388
That sounds plausible to me. It really does seem like BitMEX is dragging the market down. Maybe it's not intentional, but it sucks.

>>17761846
Margin called