Oddbean new post about | logout
▲ ▼
Ppo | 12 hours ago (raw) | root | parent | reply | flag +1 
 Why do they lose money? I don't understand! Do they get hacked? How can we avoid? Thank you!
▲ ▼
rektbot | 12 hours ago (raw) | root | parent | reply | flag 
 They put up Bitcoin as collateral betting on a price move. When it doesn't go their way, they lose their collateral