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True , most likely very high .

When it comes to Futures trading leverage is everything , so whats the point of trading such a volatile contract if the margin requirements are very high ? Why would i be excited ? I may as well trade oil instead with much lower margin requirements . One should compare daily range to margin...

So just now people saw some value in BTC and chose to own it ? why not when it was $1 or $10 or even $100 ? Get real guys you are in it just for the "price" , you are paying 7K for a lottery ticket , so why not buy litecoin instead , its just $55 , right ? This will end badly . Greed .

Maybe because you are trading the March contract ...

So basically it was leverage .

@Martinghoul

Old screenshot , just visit here : https://www.deribit.com/main#/options

They have nuclear power ...

Totally irrelevant how much you are up this year - assuming it is correct - , what was the max DD in the account MTM - including open unrealised losses - ?

Exactly , he is just a punter .

Doesn't matter what he did in the past . Apparently he couldn't adapt to the new trends and lost huge amount of money in a short period .

Another note here about the so called Andy , why get in if you cant get out , lame excuse .

Doesn't matter , bottom line Andy was wrong and clueless .

Bollox detected

Didn't someone commit suicide because of this delivery thing ?

CL and NG are not cash settled ...

As i understand the premium was $13 million .

Not to mention the max drawdown ...

Nevertheless still not all his money just a part of it ...

Non berkshire net worth = not all-in .