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/biz/ - Business & Finance


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11398935 No.11398935 [Reply] [Original]

I was looking at the bitmex leaderboard positions, i noticed that one member of the leaderboard with 800btc is 400btc underwater, i believe he is going to meet the liquidation engine soon...

>> No.11398951

>>11398935
Wait so he had 800 BTC and now he's 400 underwater? Holy fucking JUST

>> No.11398962

>>11398935
How is this even possible in this flatline market

>> No.11399001

>>11398962
>>11398951
fucking kek he could have just sold and moved his 5 mil into other markets or in his bank account (after taxes)

>> No.11399016

I don't think they are real. I think they are basically trading bots. Look at the names. It's just a bunch of nouns and adjectives connected with three dashes

>> No.11399023

>>11398935
Top kek he's 400btc long? Any way of knowing from what price and what leverage? If it's 10x that's 24 mil

>> No.11399033

>>11399016
>being this new
The usernames are anonymized

>> No.11399046

>>11399016
have you ever traded on mex??
you can use a assigned name instead of your '' account name'' which is what i would do if i was on the leaderboard

>> No.11399114

>>11398935
i just realized. the column with 800 says "profit" and the one with -400 says "profit changed"

this doesn't mean he has a position of 800 with 50% underwater, it means his profit went from 1200 to 800 btc

>> No.11399137

>>11399114
no i think it means the he has an account of 850 btc and he probably played with leverage(something like 10x) and now if he were to close he will end up with 850-400=450

>> No.11399166

>>11399137
it doesn't matter what you think it means

the page is just taking this table daily and shows how it changed from yesterday

below the title it says 'Everyday 12:30 UTC Update'
https://www.bitmex.com/app/leaderboard

>> No.11399169

>>11399001
He thinks we pay taxes here lol

>> No.11399210

>>11399016
LMAO
>be opinionated tripfag on a crypto board
>Don't know basic facts about what you're talking about
No wonder no one listens to you IRL

>> No.11399222

>>11399166
https://coinfarm.online/rank/

doenst ''profit'' on mex mean your total account?

>>11399169
yeah whatever i dont have that problem yet

>> No.11399243

>>11399222
wouldn't it say 'total' if it meant total ?

how would they write a 'profit' table ?

if i put in 50 dollars and make 5 dollars profit is my profit 55 dollars ? just read it aloud and you'll hear how stupid that sounds

>> No.11399248

so is this real or not? want to post it in rekt plebs

>> No.11399255

>>11399248
kek it is...
https://coinfarm.online/rank/
here check yourself, number 16

>> No.11399257
File: 195 KB, 640x360, 1539458544193.png [View same] [iqdb] [saucenao] [google]
11399257

>>11399248
see
>>11399222
>>11399166

>> No.11399267

>>11399243
>if i put in 50 dollars and make 5 dollars profit is my profit 55 dollars

i think mex considers it profit

>> No.11399330

>>11399267
so if i send 2000 BTC to mex i will be #1 on leaderboard ?

sage goes in every field