1 definition by www.Zhoutonged.com
Bitcoin slang, Your positions are automatically liquidated
due to insufficient trading balance after a margin call.
This occurs when trading using "leverage buying" at high levels 5:1 or 10:1
The large swings in the Bitcoin exchange rates can force automated margin selling,
when the Broker sells out the customer without notice.
due to insufficient trading balance after a margin call.
This occurs when trading using "leverage buying" at high levels 5:1 or 10:1
The large swings in the Bitcoin exchange rates can force automated margin selling,
when the Broker sells out the customer without notice.
by www.Zhoutonged.com April 9, 2013