I think we are in for a huge pump on GDAX, because they now have to buy a shitton of ETH to make their customers whole(or if they give them cash, the customers will be buying a ton of ETH to get their holdings back)...and they will be buying it from GDAX exchange, add that buying pressure to the EEA announcement later this month that will give it an extra boost, and we'll pass the ATH and then its up to the next level up
GDAX will restore the balance of margin called users with company funds
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Re: GDAX will restore the balance of margin called users with company funds
#52Earlier quoted context omitted.
Mea culpa for what? For greedy traders* not understanding the risks of margin trading? ( *) I'm playing with small money on poloniex as a greedy trader. I made +400% in 3 months, but I don't expect to be refunded if I lose everything for a mistake I made. I would only hope for a refund in case of a bug-related issue.
Losing your entire account is not a normal risk of margin trading. They were way too quick on the margin calls.
Depends - if you go long on X and your collateral is all (or mostly) X, then it's a normal risk to lose everything.