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/biz/ - Business & Finance

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File: 35 KB, 416x458, gdax.png [View same] [iqdb] [saucenao] [google]
2575335 No.2575335 [Reply] [Original]

All these butthurt faggots trying to take gdax/coinbase down because they were margin trading and lost their ethers:

https://discord.gg/Gv5zCv

Can we troll them together, /biz/?

>> No.2575356

>get greedy
>get fucked
>get mad

The good news is that this serves as a lesson for everyone else. I salute the maniac who orchestrated that collapse

>> No.2575960

>whales drop a coordibated sell order nuke to clear out the dumb margin trading normies who have no idea what they're doing
I am rofling my ass off on the floor

>> No.2575966

>>2575960
was that what happened?

>> No.2575974

Anyone got some good screenshots off salt mines?

>> No.2575977

test

>> No.2575986

>>2575966
Pretty much. They caused a flash crash that then caused a cascade of margin goyim liquidations.

>> No.2576000

Did anyone else notice all the pro-margin trading threads that popped up in the hours before it happened?

Might have been a coincidence but there sure seemed to be a lot of "margin trading is how you make all the money, here's how to do it" threads floating around, which I hadn't seen before

>> No.2576006

>>2575986
I'm gonna call out anyone on here who suggests margin trading crypto, this market is too easily manipulated for that sort of stuff.

>> No.2576018

>>2576000
I did, it was this guy saying to go margin on eth back when btc was rallying like 3 days ago. I initially gave him shit, but he didn't to have bad intentions. He had just made a bad call.

>> No.2576024

>>2576018
*seem to have

>> No.2576033

I don't get it why did they sell low?

Are they weak handed faggots or something?

>> No.2576062

>>2576033

The sell orders that were set up didn't stipulate the minimum they would sell for. So the price dropped past their limit, they sold automatically, but by the time THAT triggered, the price had already crashed all the way down to nothing

>> No.2576080

>>2576033
stop losses, it's an actual technique for people to go "stop loss hunting": http://www.investopedia.com/terms/s/stophunting.asp

It allows you to cause drops in prices, so you can enter in at lower price (and you're assuming prices which shoot back up). Causing a flash crash, with the intention of buying in at lower prices is kind of similar.

>> No.2576219

>>2576062
ty

>> No.2576263

>>2576080
Stop loss hunting also clears all the margintards from the market since their accounts get liquidated after the price falls too much.

>> No.2576295

I was on margin with ETH/USD on both Kraken and Bitfinex. Nothing happened there. The incident was isolated on GDAX.

>> No.2576820

>>2576295
Yeah GDAX niggered margin traders.

>> No.2577247
File: 91 KB, 1025x510, norefunds.png [View same] [iqdb] [saucenao] [google]
2577247

>>2575335

>> No.2577377

>>2576820
If I recall correctly, GDAX had a similar incident with BTC/USD a while ago

>> No.2577389

>>2577247
Strange requirements.
Kraken allows up to $10000 margin trades without even submitting any ID
Bitfinex allows unlimited margin trades without any verification

>> No.2577432

>>2575986
The guys who came out with that scheme are fucking genius.

I admire them. They earned their money.

>> No.2578617

I keep getting banned lmao

>> No.2578696
File: 59 KB, 1551x1165, sillyeth.png [View same] [iqdb] [saucenao] [google]
2578696

>>2575335
Come on /biz/ this is to funny

>> No.2578731

>LARP as cyberpunk jordan belfort
>brag to everyone about your big margin gains
>get wrecked by margin call
>start crying about it and demanding safety measures

>> No.2579005

>>2578731
fucking normies

>> No.2579122

>Margin trade in a volatile barely regulated market
>Lose everything
>IT'S THE EXCHANGE'S FAULT
LMAO at these fucking losers. They just banned me.

>> No.2579142

>>2579122
The whales did theur nuke simply for memes

>> No.2579153

THEY'RE CALLING LAWYERS HAHAHAHAHAHAHAHAHAHAHAHAHAH

THEY'RE NOT GOING TO DO SHIT.

>> No.2579289

>>2575335

Hmm, so if they would of just bought eth and kept it in a wallet off an exchange they wouldn't of lost shit. Now they are trying to file a class action lawsuit and take coinbase offline. What about all the thousands of other people that use coinbase?

Selfish of them, they make a gamble, lose, and now want to ruin it for everyone else...

>> No.2579336

>>2579289
>Selfish of them, they make a gamble, lose, and now want to ruin it for everyone else...
What's funnier is that lawyers can do shit all. They consented to this very risk being realized when they decided to open up a margin account on GDAX.

>> No.2579354
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2579354

>thousands of dollars
>"thousands... this guy doesn't even trade"

Yeah, cause anyone with a million in ETH would still be margin trading, right? What a bunch of retarded fucking cucks

>> No.2579488
File: 561 KB, 1920x1280, The-Sky-is-the-Limit_05.jpg [View same] [iqdb] [saucenao] [google]
2579488

>>2575335
>2017
>/biz/
>Invest in crypto
>Guis it's a save investment

>> No.2579675
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2579675

These people were probably bragging to their family how smart they are only 1 week ago.

>> No.2580430

>>2575335
Post new link

>> No.2580460

>>2580430
https://discord.gg/GJphyS

>> No.2580487

>>2580460
Expired :(
I will tip you in litecoin if you give me good link, this is the funniest shit I have seen in a while

>> No.2580494

>>2580487
https://discord.gg/KkQcMyV

this one work?

>> No.2580506

>>2575335
I kinda feel for them as they grasp at straws.

>> No.2580531

>>2575335
>posting gook cartoonish frog of twitter-trained orangutan

this is bestiality free board. sod off

>> No.2580557
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2580557

>>2580531
This is a pro-Trump website. Get used to it.

>> No.2580564

>>2580494
thank you senpai. Post address for a tip if you like

Take your pick:
doge
litecoin
redd
digi
feather
strat
eth classic

>> No.2580588

https://discord.gg/EHS8uZe

New link that i set to never expire

>> No.2580596
File: 135 KB, 1440x1210, ZkBfF5K.jpg [View same] [iqdb] [saucenao] [google]
2580596

>>2580531
>being this much of a cuck

>> No.2580617

>>2580596
>m-muh wall
nope
>m-muh killary in jail
nope
>m-muh 3am shitposting on twitter
ok

>> No.2580633

>>2580617
3am?

Ausfag?

>> No.2580661
File: 1.06 MB, 1024x683, trumpcuck.png [View same] [iqdb] [saucenao] [google]
2580661

>>2580557
>Trump website

Campaign Trump maybe, but not president trump since he's a neocon kike puppet piece of shit now. Either he's being held hostage or he legitimately succumbed to the kikes.

>> No.2580692

>>2580564
litecoin senpai <3

LVGfjiYcTgW4K1JzoJsvFNAhKwsmo7PRZF

>> No.2580720

>>2580661
Nice try shareblue. I bet you call Bancor a scam too? You're so predictable.

>> No.2580781
File: 820 KB, 779x1051, trumpsaudi.png [View same] [iqdb] [saucenao] [google]
2580781

>>2580720
>hurrr anyone that doesnt agree with me is paid opposition

You're too retarded to be a shill, no instead you're just a mindless drone who keeps gurgling Trump's balls even as he shits on you. But keep it up, you're being a good goy now by defending (((their))) greatest puppet.

>> No.2580817

>>2580781
Aww babbys first time outside /pol/. How's it feel knowing nobody at all takes you seriously?

>> No.2580828

>thread succumbs to /pol/ shitposting

shut the fuck up, we're laughing at margin trading cucks here

>> No.2580847
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2580847

>>2580817
>Not knowing the overwhelming majority of /pol/ now is redditer from r/the_donald

hahaa le based trump xDDD are u based pede too??? praise kek! i can see you in pic related :-D

>> No.2580875

>>2576295
This same thing happened on Kraken at the early part of the year with bitcoin so be careful, I advise against margin trading specifically because of things like this, its just not worth the risk to me.

>> No.2580917

>>2580720
wtf I love kikes now

>> No.2580928
File: 99 KB, 745x915, 345345.png [View same] [iqdb] [saucenao] [google]
2580928

>>2580564
scammed again..

>> No.2580956

>>2580661
Shateblue niggers still cashin soros checks.. Hey nigboy wouldnt you sleep better at night just collecting welfare like the rest of em...

>> No.2580995

Wait so I'm missing what happened...did the whales drop the price so low it triggered everyone's stop loss? So as long as people didn't set their stop loss retardedly low, they should only lose a little bit?

>> No.2581019
File: 358 KB, 1280x720, barbarians-thumbnail-01.jpg [View same] [iqdb] [saucenao] [google]
2581019

>>2580847
This is cringe, honestly. Once normies get in on it, shit becomes toxic.
>pic related

I don't even know a word to describe your pic. All those people wearing Pepe/Kek shirts to espouse a literally retarded political ideology.

It's alt-lite, nu-/pol/, t_d shit. Literally a beta-cuck feminized version of nationalism.

>> No.2581056

>>2581019
>"Buy the book before liberals ban it"
Does anybody actually buy that shit?

>> No.2581075

>>2581056
Lauren Southern's white knight cuck brigade. Look at the comments on her videos. Her cult literally foams at the mouth when she speaks with her 70 year old smoker man voice.

>> No.2581104

>>2580661
>kike puppet
SEE GUYS I SAID KIKE I'M WITH YA NOW LETS DROP SILLY DRUMPF HAHAH, YOU GUYS ARE GONNA DO IT, RIGHT? I MEAN, I SAID KIKE, DIDN`T I?

>> No.2581111

>>2581019
>>2580847
Someone should do a 4chan then/4chan now pic with scientology maskfag meetups and this

>> No.2581143
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2581143

>>2581104
>If I keep denying it hard enough it'll stop being true
Not sure if genuine retard or Project Alamo shill.

>> No.2581159

>>2581143
>oh no, trump didn't deny the holocaust and nuked Israel in his first week! Holy shit! Fucking kike puppet!
Not even us deny the holocaust irl, retard. Are you fucking dumb? Plus he has been fucking the kikes over whenever it's good for him, see the Israeli settlements for example.

>> No.2581246

>>2581159
You have two options.
>Trump is doing the opposite of what he campaigned on in the middle East because deep state is forcing him to
You should still be against him because how would you expect this to improve if noone is pushing against it?
>Trump is doing it because he played you
You should not only be against it but pissed off right now.

>> No.2581265

>>2575335

https://discord.gg/QTQhgZf

>> No.2581291

>>2581246
Or,
>Trump is doing his best without getting himself wrecked just like he did during the campaign, doing his best without not being able to be elected
Also, I just remembered another one, that time when Israel told a secret to the US and he went and told such secret to the Russians right away.

>> No.2581305

>>2581291
His "best" ends in our death then, you're a fucking cuck.

>> No.2581330

>>2581305
This post legit made me laugh. What the fuck?
I don't think I can blame you though, you are probably talking with 10 different anons on different boards and threads right now, abusing the 1 minute post cooldown as much as you can.

>> No.2581433

>@SenFeinstein @RonWyden @senorrinhatch @sfgov @Cointelegraph #investigateGDAX @GDAX market manipulation in violation of TOS @coinbase "

This is their new strategy

>> No.2581486
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2581486

>> No.2581503
File: 264 KB, 1080x1920, Screenshot_20170624-114425.png [View same] [iqdb] [saucenao] [google]
2581503

Tried begging them for btc lol

>> No.2581525
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2581525

>> No.2581582

>>2581525
Ah, the classic Mcdonalds coffee retort without actually understanding the case

They really are some of the top minds huh..

>> No.2581596
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2581596

>> No.2581608
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2581608

>> No.2581652
File: 262 KB, 1080x1920, Screenshot_20170624-121114.png [View same] [iqdb] [saucenao] [google]
2581652

>tons of people have been fined or imprisoned

Whales will be bottom bunking it any day now

>> No.2581681

>>2577389
those are genitally mutilated goyim requirements, at least we have some advantage in our disarmed hate speech policing countries

>> No.2581705
File: 242 KB, 1080x1920, Screenshot_20170624-121032.png [View same] [iqdb] [saucenao] [google]
2581705

>i dont deserve to go out like this

>> No.2581721
File: 468 KB, 1080x1920, Screenshot_20170624-121424.png [View same] [iqdb] [saucenao] [google]
2581721

Last one thx for the dc link i enjoyed the lulz

>> No.2582083
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2582083

>>2581705
>No! This can't be happening! I'm in charge here!

>> No.2582165

>>2581705
>been in ETH since 5 dollars
>has a sell order in place
LOL WHY?

>> No.2582181

>GDAX doesn't even have margin calls it just liquidates your position
the best part of crypto is watching retards that have no clue about finance and shouldn't be trusted with fucking t-bonds lose their shirts

>market orders
>anno domini MMXVII

>> No.2582226
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2582226

Theyve been at it for like 15 hours now. Do you think theyre soon to be NEETS? Poor college kids? Or underage fags?

>> No.2582229

>gamble with margin trading
>lose

>WAHHHH GIVE ME MY MONEY BACK WAHH WAHHHHHHHHH

fire purge these lands

>> No.2582392
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2582392

FACT: Anyone who hates lolis is proven retarded

>> No.2582408

Why would they do stop loss and not stop limit?