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RE: Bitcoin and other cryptos surge like wild

in #bitcoin6 years ago

BitMex is mostly for the traders that use leverage to trade bitcoin which means ot makes the price more volatile. It is also one of the main exchanges traders use to short or bet against bitcoin so if it is offline the supply side of selling may be limit e which could create a demand imbalance and increase the price. This could destroy some short traders accounts as they could be squeezed out of their positions and lose a lot of money if it ia on margin.

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