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File: 94 KB, 715x1280, 400btc.jpg [View same] [iqdb] [saucenao] [google]
58069215 No.58069215 [Reply] [Original]

How much did this guy lose by selling 400 btc on BitMEX?

>> No.58069250

>>58069215
who cares about one little shitty exchange, theres no volume there so it's easy to exploit.

>> No.58069252
File: 12 KB, 460x229, 1679149109277461.jpg [View same] [iqdb] [saucenao] [google]
58069252

>>58069215
>own over $25mil in bitcoins
>still be an absolute fucking retard
how does he do it?

>> No.58069288

>>58069252
I'd assume it's intentional or laundering.
>why would he do it on purpose
Propaganda (see the last sentence of RT post) or being known as "that guy" in crypto

>> No.58069356
File: 1.04 MB, 1212x624, arthur.png [View same] [iqdb] [saucenao] [google]
58069356

>>58069215
what do you mean?
you even get paid to be a market maker white boy on bitmex

>> No.58069362

Oh you sweet summer children....

This was the exchange LARPing to liquidate people

It sold its own Bitcoin to itself

It didn't lose anything

It still has the 400 Bitcoin

It gained a bunch of liquidated peoples money though

>> No.58069404

>>58069215
But why would you do that in the first place

>> No.58069406

>>58069215
proof that bitcoin can't be used as money

>> No.58069407

>>58069215

What leverage can you get on this platform? If they offer 100x it makes more sense.

>> No.58069419

>>58069404
>>58069362
Arthur taking a page out SBF's playbook

>> No.58069434

>>58069406
More like proof that most people don't understand what liquidity means

>> No.58069439

>>58069407
Even 2x leverage would have liquidated though

>> No.58069453

>>58069407
yeah you could use that for transferring profits from one account to another but the problem is that in between, in the order book, there are a hell of a lot of others who will eat up most of your money

>> No.58069468

>>58069362
Schizo.

The more likely explanation out there is that there exists a retarded person.

>> No.58069500

>>58069468
I'm telling you it's gonna be a propaganda angle. 5 years from now we'll see this stupid image from (((bobo))) after bitcoin crashes to 100k

>> No.58069505

>>58069434
it is actually remarkable how many people believe that markets are magical floating pools of money that can withstand any ask or bid

>> No.58069506

>>58069215
They just allowed him to sell now. He is just a retarded whale who believes that he needs to ask for a permission from market makers and other whales to do an action or else... else they will threaten, but in reality, they can do shit about it if the dumps on them.

>> No.58069531

>>58069506
You see that whales? You don't need to be afraid of bullies anymore. You are enough and I respect you

>> No.58069546

>>58069419
newfags don't remember that Arthur was SBF before SBF

bitmex was notorious for having a desk that traded against customers back in the day, until the feds charged Arthur and forced him to step down. their liquation engine nearly drove btc to 0 back in march 2020 before they had "unexpected technical issues"

>> No.58069643

>>58069531
lol

>> No.58069661
File: 125 KB, 1672x734, 9325903209532.png [View same] [iqdb] [saucenao] [google]
58069661

>>58069468
No, thats what actually happens, BitMex has been doing it for a decade

>> No.58069841

>it's called BitMEX(ICO)
>does shady shit
no way!

>> No.58069877
File: 35 KB, 1280x297, bitmex trollbox arthur.jpg [View same] [iqdb] [saucenao] [google]
58069877

>>58069661

>> No.58069931

>>58069215
>strategic dump
>slurp your coins back at discount
It’s just too easy.

>> No.58071143

>>58069419
Hallo newfriend.

>> No.58071166

>>58069468
>retarded person with 400 BTC
Unlikely
Next

>> No.58071176

>>58069362
this, ive lost countless BTC back in the day on BitMEX

Good to see Hayes is back to his shenanigans tho, i dont hate him. Feels like old times

>> No.58071217

>>58069215
The CME gap needs to be filled at all costs. Next is the 3k gap.

>> No.58071222

>>58069215
He made bank

>Step 1: Short BTC ETFs
>Step 2: Flash crash BTC on small exchange
>Step 3: General BTC market market sinks 14%
>Step 4: Collect billions in profit

>> No.58072155
File: 41 KB, 512x512, IMG_5373.jpg [View same] [iqdb] [saucenao] [google]
58072155

We told you $10k was literally programmed

>> No.58072168
File: 54 KB, 591x592, 1700967252910.jpg [View same] [iqdb] [saucenao] [google]
58072168

>>58069215
https://www.dextools.io/app/en/solana/pair-explorer/5WVFjPkoDzqr95aWf4x6h1TLsFjtMUjhvDtzBUssEJYb?t=1710872923877

>> No.58072471

>>58069215
The total amount was actually around 1k BTC according to this and prompted Bitmex to disable withdrawals temporarily.
https://twitter.com/syq/status/1769845655462191282

>> No.58072481

>>58069215
>wreck leveraged faggots
>get free online promotion

Is there ANY reason for an exchange to not do this?