3 ms·

Silly maybe, but its reality on bitmex. https://www.bitmex.com/app/perpetualContractsGuideExamples https://www.bitmex.com/app/perpetualContractsGuideExamples

• goldenkey 9y ago
  Ah, the lovely world of yesteryear, reminiscent of 2008s synthetic instruments. At least this time these people are actually greedy POS looking for money in a zero sum game. With 2008 ordinary people got hurt badly for just having 401ks. Here you simply have greed overpowering logic. Oh my.
  • naveen99 9y ago
    > greed overpowering logic Isn't that the best kind of greed ? Greedy logical people make more money than illogical non greedy people.
    • goldenkey 9y ago
      Greed is anticorrelated with logic as it is usually a vice that causes poor decisions made by overweighing possible gains and minimizing possible losses. It is a non rational mode of human weakness, and can even be correlated with evil ie. Nestle and formula / water fiasco, Microchip companies hushing fab workers with birth abnormalities/ health issues
      • naveen99 9y ago
        There are greedy algorithms in computing that make sense sometimes.
        • goldenkey 9y ago
          We are referring to monetary greed here. Depending on what the resource's value is (cheap CPU cycles), yes, greed can make sense.