Currency Wars, USD, YEN, Bitcoin and what it means to you.

hax0n · Fri Jul 27, 2018 7:15 pm

maden wrote:Looking to get rich off this Mt Gox bankruptcy. Mad buttcoinz!

Ya missing those Bits a bit these day Maden?

fredo · Fri Jul 27, 2018 7:25 pm

Well, well, well.

maden · Fri Jul 27, 2018 7:52 pm

hax0n wrote:
maden wrote:Looking to get rich off this Mt Gox bankruptcy. Mad buttcoinz!
Ya missing those Bits a bit these day Maden?

I wouldn't say I'm missing them. But I will take any of the ones that Magic the Gathering nerd stole from me back. Worth way more now than they were before dude got all coked out and lost 400 pounds.

Codeblue · Fri Jul 27, 2018 7:53 pm

Oof. How many buttcoin did he jack from ya?

HenryGaleWasHere · Sat Jul 28, 2018 12:34 am

Codeblue wrote:Oof. How many buttcoin did he jack from ya?

hax0n · Fri Aug 03, 2018 12:35 pm

416 million rekt

https://www.zerohedge.com/news/2018-08- ... n-bail-ins

alittle · Fri Aug 03, 2018 5:51 pm

...or abuse of Okex's socialized loss system?

hax0n · Sat Aug 04, 2018 12:48 pm

alittle wrote:...or abuse of Okex's socialized loss system?

Freezing that dudes account and then forcing him to watch himself liquidate was so messed up.

hax0n · Sat Aug 04, 2018 1:13 pm

p.s. RIP bitcoin

hax0n · Sun Aug 05, 2018 2:01 pm

With the volatility of this market I've been hedging some of my crypto positions with https://www.deribit.com/ Anyone else try this yet?

alittle · Sun Aug 05, 2018 4:34 pm

Oh look, more ref link spam.

The liquidity is still fudge on deributt.

cktbreaker · Sun Aug 05, 2018 6:12 pm

hax0n wrote:
alittle wrote:...or abuse of Okex's socialized loss system?
Freezing that dudes account and then forcing him to watch himself liquidate was so messed up.

Lots liqs on Bitmex yesterday when the web interface went down. But like with the whale 416m liq from above, if you don't enter stops and trade with leverage beyond your margin acct then you face possible liquidation. Some of these mil liqs happen in my buy zones, which is just crazy.

cktbreaker · Sun Aug 05, 2018 6:16 pm

hax0n wrote:With the volatility of this market I've been hedging some of my crypto positions with https://www.deribit.com/ Anyone else try this yet?

I don't know but if the liquidity is not there then I wouldn't trade on it. I use the Mex for hedging, just started in the last couple months, goes good if I get my levels right.

hax0n · Sun Aug 05, 2018 11:33 pm

cktbreaker wrote:
hax0n wrote:With the volatility of this market I've been hedging some of my crypto positions with https://www.deribit.com/ Anyone else try this yet?
I don't know but if the liquidity is not there then I wouldn't trade on it. I use the Mex for hedging, just started in the last couple months, goes good if I get my levels right.

Mex cutting out completely on that 7500 to 7k dump makes me worried about using it for anything other than bull runs.

cktbreaker · Mon Aug 06, 2018 1:21 pm

Yeah Bitmex can def be sketchy, sometimes the volatility can blow past stops, I don't like that.