when was the last time an entire ecosystem and emerging asset class created their own mediums and methods of exchange?
pretty nuts when you think about it
@22loops @beagleboybtc What if the algos lived in ETH smart contracts and traded in FTX leverage tokens. People could add and remove ETH as they pleased without using centralized entity
@Ninjascalp@CryptoHayes very good decision of them not to use insurance fund imo! sets a certain standard and sends a very clear message about the objective of the insurance fund: to insure traders against counter-party bankruptcy, not to insure Bitmex against their tech failing.
@ThinkingUSD Seems like the liqs were being done by the liq bot up until they couldn't get filled anymore, at which point a discretionary actor took over the position, and shifted them off in more manageable batches and over the proceeding 24hours period.
Ok guys, i haven't been writing for a while but I figured a very nice Bitmex trick. This helped me making the killing trade below.
I'll go with an example.
Current Index price: 5500
Current swap price: 5000
Time is an important factor in trading that I donโt see very many people talk about. Hereโs a few different ways that time becomes important when making trading decisions:
was feeling pretty good today when I found an old ETH wallet with some LINK that I bought during the ICO... but felt pretty shitty after I went through the transactions to find I sold 90% of what I bought a few days after the launch๐ญ RIP lamboto