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/biz/ - Business & Finance

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50989906 No.50989906 [Reply] [Original]

and thought to themselves this will be a right decision, it is a right decision to bet it all on an asset called shiba inu; a dog coin; a dog coin chasing after another dog coin.

>> No.50989980

>>50989906
May as well lose it on literal dogshit rather than on figurative.

>> No.50990043
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50990043

>>50989906
I believe the bottom isnt in until every single dog coin holder is bankrupt and leaves crypto, including the people who make them.

>> No.50990057

>>50990043
noooo stop being rational. ATH eom

>> No.50990117

>>50989906
yes, that was a real 20 million. that person actually lost all 20 million

>> No.50990127

>>50990043
If this were a thing, doge coin would have been dead before the past bullrun

>> No.50990155

>>50989906
Are you retarded? He must have been on an insane leverage, that's why he got liquidated. Maybe the guy just invested 200k.

>> No.50990164
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50990164

>>50990117
>>50990155
> you need insane leverage to be liquidated today bruh

>> No.50990202

>>50989906
> took 20,000,000 dollars
Poor dude got liquidated with a leverage of 1

>> No.50990258

>>50990202
it's actually possible, most normies don't know it, because it's not profitable they know it.

>> No.50990275

>>50989906
literally money laundering

>> No.50990315

>>50990275
that implicates the exchange itself

>> No.50990329

>>50990315
that's surprising to you?
https://www.coindesk.com/policy/2022/08/08/bitmex-executive-pleads-guilty-to-violating-anti-money-laundering-act/

>> No.50990350

>>50990329
not very, but it's not confirmed it's always that case since it can land them to jail forever, and it can also happen by stupid people normally.

>> No.50991030

>>50990043
The real way to invest in crypto futures is graphics cards and miners.

Don't tell anyone though

>> No.50991069

>>50990127
doge will never die, it will always be the original meme coin.

>> No.50991085

>>50989906
come on now, half of this board has been shorting and longing shib for a year at this point. let's be realistic, anons.

>> No.50991119
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50991119

>>50990043
>I believe the bottom isnt in until every single dog coin holder is bankrupt and leaves crypto, including the people who make them.
It's pretty close to the truth. Crypto is not a serious market while dog shit coins or larps like XRP are in the top 20.

>> No.50991171

>>50989906
probably a 500x leverage but yeah, still 40k down the drain kek

>> No.50991225

>>50989906
>20MM at 1.3701e-05
Pretty sure that's units which amounts to like $274
>its btc
$5.5MM then

>> No.50991258

Dogcoins are no different than Bitcoin, they have no value beyond speculation and memes

>> No.50991261

>>50990043
Seethe. By the time that bitshit makes the measly 3x back to its' old time high shib will be a 100x. Even an absolute retard can see that.

>> No.50991282

>>50991171
>>50991225
the bot (according to its devs at girhub), works by showing "number of contracts of 1 dollar".

I suppose a contract can be affected by leverage.

But it definitely isn't "just 20mil shib".

>> No.50991300

>>50991225
also if it were that little, the bot wouldn't troll them, that "100" emoji is spammed from it only in exceptional cases of liquidation.

>> No.50991433

20 million shib you retard. That's not even $300.

>> No.50991453

Nobody with $20m USD is that stupid

>> No.50991539

>>50991433
>>50991453
That's not how that bot works. Their devs at github confirms it shows "number of contracts of 1 dollar each".

That can be affected by leverage but it's definitely not "just 20mil shib".

>> No.50991646

OP IS TURBO FAGHOT

>> No.50991648

>>50989906
OP you are actually a nigger tier intellect

>> No.50992237

>>50990315
you don't say!

>> No.50992264

>>50992237
and then some faggots want completely black wallet coins,
you stupid assholes; with a completely anonymous economy: "the jews" will fuck you even more in the ass.
you must have transparency for most uses of money so it should start as a default.

>> No.50995056

>>50991261
Why does dogcoin have value? Why would anyone buy dogcoin?