Who had that Bitcoin target price prediction?

[lruc]

R , I presume its easy to see I never post jack, you got it lol.

 

[SurfFuerteventura]

hello, so.... when do we buy back in?

27k?

26k?

y my numbers so funny? cause in real currency, you know... the EURO?

 

[Mr Doof]

There goes $2 billion?


Mircea Popescu, a controversial figure in the world of crypto, boasted one of the single-biggest bitcoin fortunes and his amassed wealth in digital assets may be lost to the ether after his untimely death last month, some speculate.

Popescu reportedly died off the coast of Costa Rica. Local news reports say he was “swept away by the current and died on the spot,” during a morning swim in Playa Hermosa de Garabito, Puntarenas.

 

[ghost_of_lewis_samuels]

There goes $2 billion?


Mircea Popescu, a controversial figure in the world of crypto, boasted one of the single-biggest bitcoin fortunes and his amassed wealth in digital assets may be lost to the ether after his untimely death last month, some speculate.

Popescu reportedly died off the coast of Costa Rica. Local news reports say he was “swept away by the current and died on the spot,” during a morning swim in Playa Hermosa de Garabito, Puntarenas.

tough one for the killer
move the coins, people start asking questions.

 

[racer1]

Is there a body? Lost at sea? C'mon now.

 

[$kully]

Over/under that this has some connection to McCaffee?

 

[PRCD]

Is there a body? Lost at sea? C'mon now.

Suicided like McAfee.

 

[SurfFuerteventura]

There goes $2 billion?


Mircea Popescu, a controversial figure in the world of crypto, boasted one of the single-biggest bitcoin fortunes and his amassed wealth in digital assets may be lost to the ether after his untimely death last month, some speculate.

Popescu reportedly died off the coast of Costa Rica. Local news reports say he was “swept away by the current and died on the spot,” during a morning swim in Playa Hermosa de Garabito, Puntarenas.

I'm glad that the ocean is always willing to take a life,
for free!

 

[r32]

hello, so.... when do we buy back in?

27k?

26k?

y my numbers so funny? cause in real currency, you know... the EURO?

I'm still waiting/hoping for mid-20s.

Had one crypto trade last week and that was it. Slowest week in a really long time.

 

[SurfFuerteventura]

Cashed out at a peak, think I'm over this crypto carp game, going to put my money where it will do some good.

Getting my solar water heater replaced. .

 

[r32]

Still waiting for a drop into the 20s. A good start last night.

Pisses me off Kraken no longer offers margin trading for the little guy due to regulatory crap. Must have minimum $10m in your account now. I think the only margin trading options left for US traders are Kukoin (Singapore) and Coinex (Hong Kong).

 

[Sharkbiscuit]

Still waiting for a drop into the 20s. A good start last night.

Pisses me off Kraken no longer offers margin trading for the little guy due to regulatory crap. Must have minimum $10m in your account now. I think the only margin trading options left for US traders are Kukoin (Singapore) and Coinex (Hong Kong).

????

Do you mean someone with $100k in the account can't leverage $10k and risk getting wiped out by the trading platform the instant losses pass $99.999K, or do you mean someone with $10k in their account can't leverage $10k?

 

[r32]

????

Do you mean someone with $100k in the account can't leverage $10k and risk getting wiped out by the trading platform the instant losses pass $99.999K, or do you mean someone with $10k in their account can't leverage $10k?

You can't play margin at all. Kraken was the only exchange offering margin in the US (2x to 5x). But recently they changed the eligibility requirements.

https://support.kraken.com/hc/en-us/articles/360061972272

For U.S. clients to be eligible for margin trading on Kraken, they will need to self-certify as an Eligible Contract Participant (ECP) as defined under U.S. law (Section 1a(18) of the Commodity Exchange Act).

For individual clients -- You are required to have more than $10 million in assets invested on a discretionary basis.

 

[Sharkbiscuit]

You can't play margin at all. Kraken was the only exchange offering margin in the US (2x to 5x). But recently they changed the eligibility requirements.

https://support.kraken.com/hc/en-us/articles/360061972272

For U.S. clients to be eligible for margin trading on Kraken, they will need to self-certify as an Eligible Contract Participant (ECP) as defined under U.S. law (Section 1a(18) of the Commodity Exchange Act).

For individual clients -- You are required to have more than $10 million in assets invested on a discretionary basis.

Right, but what was the status previously?

Essentially, what I am getting at is, was leveraged margin gambling where you can lose more than you're worth previously possible? If so, good move Kraken, f--k the collateral damage. Otherwise, I feel your pain.

 

[r32]

Right, but what was the status previously?

Essentially, what I am getting at is, was leveraged margin gambling where you can lose more than you're worth previously possible? If so, good move Kraken, f--k the collateral damage. Otherwise, I feel your pain.

Previously, if you had a kraken account and were verified (kyc), you could margin trade even with a few dollars in your account.

And yes, you could end up owing them money. Never happened to me as I was super careful when it came to trading with leverage, but many have reported getting liquidated and negative amount in their accounts.

There are multiple lawsuits against them over flash-crash liquidations, which seemed to happen a lot on their exchange. Probably the real reason why they ended margin.

 

[lruc]

The peak of 60 odd to current prices wiped out 500,000 bitcoin accounts, at the peak there were 1 mil bitcoin players.

 

[r32]

The peak of 60 odd to current prices wiped out 500,000 bitcoin accounts, at the peak there were 1 mil bitcoin players.

That's a lot of money moving from the poor to the wealthy. Playing with leverage is a dangerous game that very few people win at.

 

[lruc]

100 TO 1 leverage in the eastern trading houses is mind blowing . Borrowing bitcoins and paying account holders 5 to 8 percent weekly looks very Bernie Madoff ish inmho.

 

[racer1]

Leverage was the only way some little guys became millionaires but it’s dangerous and attracts degenerates.

 

[jkb]

Pisses me off Kraken no longer offers margin trading for the little guy due to regulatory crap. Must have minimum $10m in your account now. I think the only margin trading options left for US traders are Kukoin (Singapore) and Coinex (Hong Kong).

Just YOLO a couple of trades and get that account up to $10m status.