Seemed like it did it twice tonight

in #bitcoin7 years ago

Bitmex overload makes it so that the liquidation engine has full control over the price.
Trading bitcoin this month has been unlike any other month I've ever seen.
Note: I am not in an position currently.
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I guess i picked a bad month t start dipping my toe into Bitmex. If you know what you're doing there is 20% a day scalping

Isn’t the volume on Mex hard to interpret because of the high leverage? I don’t know myself, just a thought I had without an answer yet.

is this how margin trading works? know where people have their shorts/longs ... spike/tank the market with shitload of dosh > collect > rinse > repeat

So, did a bot know where that tipping point was. Seemed like it did it twice tonight.