Bitmex Shorters Get REKT: Manipulation By Whom? | FOMO3D Jackpot | Winklevoss Twins Form VCA | More!
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Thanks for the update.
Bitmex just rented out the most expensive office space in HONG KONG along with Goldman Sacs and other financial companies.
This market will make old people like me have a hart attack..haha maby I need to not look at my wallet for a while until we are at 10k btc again.
I really love the tenaciousness of Winklevoss twins! Maybe them getting all the big boys together and bringing some uniformity into the system just might do the trick.
PS: Thankfully I was away from all the Bitmex drama
Coins mentioned in post:
Anything that happens with BitMex tends to be exaggerated given the use of leverage on that platform. If the short sellers are not able to get in, that could definitely cause a huge short squeeze that would destroy those positions. I would just hope that all those trades are truly backed by actual bitcoin supply.
its all part of the game. nothing to worry about
The move to create a self-regulating association looks really good, it should at least signal to institutions that the industry is interested in good faith self-regulation and wants to foster transparency.
Also was really surprised to see the FOMO3D round 1 end as well! There's a pretty neat story that was shared on the Team Just discord group that explained how the winner strategized and outplayed the bots.
Thanks for the updates :)