This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2016-02-09 15:33:50] tscha : cl0rdid?
[2016-02-09 15:36:00] sleger : which API are you talking about ?
[2016-02-09 15:36:41] tscha : well, obviously not okc, because there this doesn't work as you just mentioned... but bitmex for example works like that
[2016-02-09 15:37:47] sleger : ok, as far as i know, ONLY bitmex let you do that
[2016-02-09 15:40:06] tscha : gatecoin too
[2016-02-09 15:40:14] aabtc : hello bitmex
[2016-02-09 15:40:47] BitMEX_Sam : Hey aabtc!
[2016-02-09 15:40:50] BitMEX_Sam : How've you been?
[2016-02-09 15:41:15] aabtc : hahaha been on a bit of a vacation
[2016-02-09 15:41:20] sleger : tscha: maybe, I dont trade on gatec
[2016-02-09 15:42:38] BitMEX_Sam : Hah you're always on vacation it seems.
[2016-02-09 15:44:09] tscha : I think the bitmex way makes more sense, I don't see a disadvantage allowing canceling/amending with clOrdid, I mean they are storing it anyway
[2016-02-09 15:45:44] BitMEX_Sam : It only introduces a small amount of complexity on our side, completely worth it to make writing tooling simpler.
[2016-02-09 16:16:35] REKT : Liquidated long on `XBT7D`: Sell 800 @ 377.15
[2016-02-09 16:22:42] aabtc : lol is that a bot
[2016-02-09 16:29:39] BitMEX_Sam : Yep
[2016-02-09 17:51:37] REKT : Liquidated long on `XBT24H`: Sell 75 @ 374.62
[2016-02-09 18:46:43] elmorte : Hi support
[2016-02-09 18:47:16] elmorte : I was trying to get Authy to work on both mobile and Chrome extension...
[2016-02-09 18:47:28] elmorte : Now it doesn't recognise either
[2016-02-09 18:48:01] elmorte : It's disabled thankfully so I still have access...but I need some advice :/
[2016-02-09 18:49:46] elmorte : This is regarding 2FA. Got tired of reaching for the mobile on every login
[2016-02-09 18:49:57] BitMEX_Sam : Sure, what's the question?
[2016-02-09 18:50:35] elmorte : Hi Sam. Ok, let me delete all the accounts on mob & PC
[2016-02-09 18:51:40] elmorte : Ok, managed to get it working now, with the mobile
[2016-02-09 18:52:28] elmorte : Is there a way to access this 2FA code on Chrome as well?
[2016-02-09 18:52:37] BitMEX_Sam : Technicaly yes, there's an Authy Chrome app
[2016-02-09 18:53:52] elmorte : Ok, I think I got it figured out
[2016-02-09 18:54:08] elmorte : Was at a cul de sac just now...
[2016-02-09 18:57:42] elmorte : Ok....looks it's sorted, sorry for the alarm
[2016-02-09 19:01:05] elmorte : You're not in HK, are you?
[2016-02-09 19:12:01] zanza : BTC looking strong with falling world markets
[2016-02-09 19:14:24] elmorte : It's how I got into it to begin with....
[2016-02-09 19:14:53] elmorte : My currency lost 33% of value over 12 months
[2016-02-09 19:15:09] elmorte : Was easier to get into BTC then stock up foreign currency
[2016-02-09 19:30:03] zanza : which currency was that ?
[2016-02-09 19:34:13] elmorte : http://www.xe.com/currencycharts/?from=USD&to=MYR&view=1Y
[2016-02-09 19:41:55] zanza : ahh, is it easy to buy Bitcoin with MYR ?
[2016-02-09 19:48:13] elmorte : There's a few exchanges with low transactions fees...and there's alwasys LBTC
[2016-02-09 19:48:35] zanza : yeah, I guess you can use OKCoin too? wire
[2016-02-09 19:48:41] elmorte : Where do you live?
[2016-02-09 19:48:51] zanza : the Chiese exchanges
[2016-02-09 19:48:53] zanza : Chinese
[2016-02-09 19:48:57] elmorte : Not really
[2016-02-09 19:49:20] elmorte : You need a USD account for the USD exchanges or CNY account for the CNY ones
[2016-02-09 19:49:35] elmorte : Same with HK
[2016-02-09 19:50:08] elmorte : Where do you stay bud?
[2016-02-09 19:50:41] zanza : USA
[2016-02-09 19:53:03] elmorte : I do a lot of trade with China and HK (i'm in import/export), so I have accounts in both places. But OKCoin.cn wouldn't register me based on my passport
[2016-02-09 19:53:11] elmorte : So that kinda sucked
[2016-02-09 19:53:34] zanza : 0Kc has 2 sites, a foreign site, and a "local" chinese site
[2016-02-09 19:53:50] elmorte : Yup...,cn wouldn't register me
[2016-02-09 19:54:01] zanza : but, they have good liquidity but there are many other sites where you can go
[2016-02-09 19:54:12] zanza : unless you are buying like 1000's at a time
[2016-02-09 19:54:12] elmorte : ,com can under the company name
[2016-02-09 19:54:34] elmorte : 1000 btc or 1000$?
[2016-02-09 19:54:58] elmorte : itbit is based in Singapore....and their order book is just out of this world...
[2016-02-09 19:56:02] elmorte : https://exchange.itbit.com/markets
[2016-02-09 20:39:01] jung1 : anyone in eth train?
[2016-02-09 20:39:34] BitMEX_Sam : They've been calling it mETH in the chats lately
[2016-02-09 20:39:47] BitMEX_Sam : Some good price action lately
[2016-02-09 20:40:16] jung1 : BitMEX_Sam: whats your bet on eth in some-kind long term? when we hit 100$?
[2016-02-09 20:40:33] BitMEX_Sam : Hah I know better than to bet on alts
[2016-02-09 20:40:41] BitMEX_Sam : They're a wild ride but it's nearly impossible to say where they'll go.
[2016-02-09 20:41:11] BitMEX_Sam : The technologist side of me really likes ETH, and any coin with intrinsic value like Filecoin
[2016-02-09 20:42:43] jung1 : keep an eye also on http://emercoin.com/
[2016-02-09 20:42:54] jung1 : they cooperate with windows already
[2016-02-09 20:43:07] jung1 : *microsoft
[2016-02-09 20:43:08] jung1 : https://azure.microsoft.com/en-us/blog/azure-blockchain-as-a-service-update-3/
[2016-02-09 20:44:57] BitMEX_Sam : Interesting!
[2016-02-09 20:45:15] BitMEX_Sam : Sounds like a much-evolved Namecoin.
[2016-02-09 20:46:48] jung1 : yeah
[2016-02-09 20:46:59] jung1 : and they already cooperate with some big players
[2016-02-09 20:47:35] BitMEX_Sam : The space is certainly getting more interesting by the day
[2016-02-09 20:48:03] BitMEX_Sam : Been waiting for another post on http://hackingdistributed.com/, do you read it?
[2016-02-09 20:48:19] BitMEX_Sam : Some of my favorite commentary on Bitcoin, plus the author writes a great db
[2016-02-09 20:49:12] jung1 : no
[2016-02-09 20:49:15] jung1 : thanks for the link
[2016-02-09 20:50:45] jung1 : my bets on alts in '16 are eth, fct, bitshares and maybe nubits
[2016-02-09 20:51:10] BitMEX_Sam : The BitShares client is incredible
[2016-02-09 20:51:17] BitMEX_Sam : Built similarly to BitMEX.. I respect their work
[2016-02-09 20:51:25] jung1 : openbaazar cold be next amazon in couple od years and they will use nubits
[2016-02-09 20:51:31] jung1 : awesome
[2016-02-09 20:51:50] BitMEX_Sam : BitShare's fatal flaw at the moment is that it is way, way too difficult to get started
[2016-02-09 20:52:07] BitMEX_Sam : And even after days of research I had a really difficult time figuring out who was doing what and why
[2016-02-09 20:53:20] jung1 : yeah
[2016-02-09 20:53:40] jung1 : marketing and usability sux in most of altcoins
[2016-02-09 20:53:58] jung1 : btw have you traded on mcxnow like 2 years ago?
[2016-02-09 20:54:05] 1z6 : BitMEX_Sam: in tor browser, confirmation popup does not center on screen
[2016-02-09 20:54:17] BitMEX_Sam : 1z6: I'll take a look
[2016-02-09 20:54:22] BitMEX_Sam : That's usually built on an older Firefox version
[2016-02-09 20:54:28] BitMEX_Sam : jung1: No, never on mcxnow
[2016-02-09 20:54:50] jung1 : it was really good exchange wrote on c++
[2016-02-09 20:55:03] jung1 : works as fast as bitmex
[2016-02-09 20:56:48] jung1 : and they have thing like mcxshare. here was 10k shares with dedicated market and eceryone could trade that. Every owner recived 0.001% if fee income generated by exchange with every alcoin once a day
[2016-02-09 20:57:08] jung1 : awesome feature. Would love to buy something like that on bitmex
[2016-02-09 21:01:05] BitMEX_Sam : They have something like that on bleutrade as well
[2016-02-09 21:01:28] BitMEX_Sam : It's an interesting scheme to raise money - questionable legality though.
[2016-02-09 21:01:45] BitMEX_Sam : It's pretty much all of MPEx's business model.
[2016-02-09 21:03:07] BitMEX_Sam : Bleutrade's scheme was strange - best I could tell, they ended up flubbing the opening price and let 10% fee share go for about US$500
[2016-02-09 21:03:10] Tulip_stefan : bitshares is one of those things i never understood. For some reason i couldnt even figure out the difference between bitUSD and bitEUR. Other than the name, i mean.
[2016-02-09 21:04:10] Tulip_stefan : there is no way to 'escape' the system and arbitrage bitUSD for usd that i could find, or it's really wel hidden.
[2016-02-09 21:04:16] jung1 : yeah but o bleu they have big fee
[2016-02-09 21:04:30] jung1 : uphold.com
[2016-02-09 21:04:35] jung1 : ex bitshares
[2016-02-09 21:04:50] jung1 : already had fiac currencies on blockchain
[2016-02-09 21:04:54] jung1 : fiat
[2016-02-09 21:05:34] Tulip_stefan : uphold is so weird. Thay claim zero fees and mid-market rates. But their BTC/USD market is actually an exact copy of the bitfinex top bid and ask.
[2016-02-09 21:06:11] Tulip_stefan : seriously, if you place an order of 0.01 BTC on uphold you can trade buy/sell large amounts on uphold.
[2016-02-09 21:06:54] BitMEX_Sam : Sounds like a good way for them to lose money
[2016-02-09 21:07:29] BitMEX_Sam : Tulip_stefan: Yeah it's basically just proxying markets, much like we do - you trade ETH here but it's all Bitcoin
[2016-02-09 21:07:36] Tulip_stefan : it's so easy to aribitrage against that i'm sure the'll sign me up for 'high frequency trader fees' if i actually start doing it.
[2016-02-09 21:08:03] BitMEX_Sam : I've read about there being lots of ways to make money on Bitreserve/Uphold since they started 0% fees
[2016-02-09 21:08:04] Tulip_stefan : their FAQ actually notes only high frequency traders pay fees... yeah...
[2016-02-09 21:08:11] BitMEX_Sam : They must be losing money hand over fist
[2016-02-09 21:09:00] BitMEX_Sam : Remember this post? https://www.reddit.com/r/BitcoinMarkets/comments/3t4p5s/upholdcom_formerly_bitreserveorg_an_attempt_at_an/
[2016-02-09 21:09:01] Tulip_stefan : I'm not touching them.
[2016-02-09 21:09:42] Tulip_stefan : yeah i read that last week. I went from 'ooo this is interesting' to 'no way i'm touching that company' in less than an hour...
[2016-02-09 21:10:54] Tulip_stefan : but on the upside, uphold is the only open API of high frequency currency data that i could find. yahoo finance & co are all delayed by minutes.
[2016-02-09 21:12:34] jung1 : uphold is not for daytrade. They rebranded from bitreserve couse a lot of people used them for money transfers
[2016-02-09 21:13:07] jung1 : they are fintech company that works on bitcoin but users did not know that
[2016-02-09 21:13:42] jung1 : its easy, fast and free to send money acros web and there is no need for them to understand or even know what is bitcoin
[2016-02-09 21:14:04] jung1 : good strategy imo to go mainstream
[2016-02-09 21:14:25] jung1 : bitcoin is too nerdy
[2016-02-09 21:18:44] Tulip_stefan : among my non-nerd friends, bitcoin is cool. A lot cooler than among my nerd friends.
[2016-02-09 21:19:41] jung1 : people are too ignorant about economy to realize how solutions like bitcoin could affect everyday life
[2016-02-09 21:19:51] jung1 : thay dont know how money works
[2016-02-09 21:20:47] jung1 : so magic internet money which you can buy drugs made by graphic cards on pcs are not so trustworthy
[2016-02-09 21:21:13] Tulip_stefan : I fail to see how bitcoin could affect 'everyday life'. Everyday life works fine as it is right now with a medium amount of trust and low enough fees. (i live in europe)
[2016-02-09 21:22:01] jung1 : if blockchain will replace current bankink system it will affect whole global economy
[2016-02-09 21:22:13] Tulip_stefan : in the USA with more-than expensive credit cards cartels, i kind of agree.
[2016-02-09 21:22:36] jung1 : bigger volumes on stock markets, free and fast money transfers etc
[2016-02-09 21:22:55] jung1 : yeah we will see if eu really will ban bitcoin transactions in june
[2016-02-09 21:23:15] jung1 : we will be fucked
[2016-02-09 21:23:28] Tulip_stefan : i haven't heard anything about that yet.
[2016-02-09 21:24:05] Tulip_stefan : my country seems quite supportive about bitcoin, it's taxed the same as real money currently.
[2016-02-09 21:24:18] jung1 : which one?
[2016-02-09 21:24:22] Tulip_stefan : netherlands.
[2016-02-09 21:24:57] Tulip_stefan : there is even a note on the yearly tax form that mentions bitcoins and other crypto currencies should be declared in this box.
[2016-02-09 21:25:31] jung1 : https://news.bitcoin.com/eu-commission-wants-de-anonymize-bitcoin-june/
[2016-02-09 21:25:43] jung1 : nice
[2016-02-09 21:26:08] Tulip_stefan : aww man not that 'in response to recent terrorist attacks' bullshit again
[2016-02-09 21:26:28] jung1 : in poland theres no clear interpretation of bitcoin
[2016-02-09 21:26:31] jung1 : by law
[2016-02-09 21:26:34] jung1 : yeah
[2016-02-09 21:26:50] jung1 : but now its seems quite serious
[2016-02-09 21:27:26] jung1 : ukraine and uk could win if they will made that
[2016-02-09 21:28:32] Tulip_stefan : There isn't either in the nederlands, but the law defines money in such a vague way that there is no other interprentation possible that bitcoin is simple money.
[2016-02-09 21:29:54] jung1 : yeah its works on whole eu in that way
[2016-02-09 21:30:32] jung1 : btw Im thinkinf of shorting eth
[2016-02-09 21:30:57] jung1 : or buy more
[2016-02-09 21:30:59] jung1 : : /////
[2016-02-09 21:31:21] Tulip_stefan : don't ask me for advice, i don't gamble on things that have no clear statistical edge.
[2016-02-09 21:35:34] Tulip_stefan : wait that's not true. There is a clear statistical edge. If you invested in the top 10 alts 1 year ago you would see worse losses than if you had invested in bitcoin. The statistical edge is that it's going down. But i would not put money on that...
[2016-02-09 21:38:04] jung1 : coins that have some value like programable ethereum, factom, storj where you could earn money for sharing your disk space, bitshares or even ripple have bright future imo
[2016-02-09 21:39:12] Tulip_stefan : In network effects i trust.
[2016-02-09 21:39:29] jung1 : if thair teams will not fail thay will exist with own community and big blockchains. We are still on altcoin-wild west and if you will made some paper wallets and forget about them for couple of years some of them could be worth a lot
[2016-02-09 21:40:12] Tulip_stefan : that's what i said, If you did that one year ago, you would be in the red compared to holding bitcoin.
[2016-02-09 21:48:45] Tulip_stefan : how exactly is the TWAP calculated? Simple linearly weighted?
[2016-02-09 21:54:01] BitMEX_Sam : Standard TWAP
[2016-02-09 21:55:11] BitMEX_Sam : https://www.bitmex.com/app/index/.XBT30M
[2016-02-09 21:56:58] Tulip_stefan : year i see that, but it doesn't actually specify what TWAP is and google seems to know a bunch of different approaches. I'm assuming the time points are linearly weighted.
[2016-02-09 22:11:26] zanza : time weighted average price
[2016-02-09 22:12:44] zanza : linear
[2016-02-09 22:13:29] Tulip_stefan : i guessing that means that the data points are weighted linearly with their distance. For some reason, google seems to be unable to give me a clear definition.
[2016-02-09 22:15:37] zanza : basic algebra :) (x1 + x2 ... x30)/30
[2016-02-09 22:16:22] Tulip_stefan : That's simple moving average.
[2016-02-09 22:21:48] Tulip_stefan : Ahh, the 17th google hit of 'time weighted average price definition' actually contains the definition...
[2016-02-09 22:55:37] micmix : BitMEX_Sam: Love the site re-design on testnet, great job!
[2016-02-09 22:56:14] BitMEX_Sam : micmix: Thanks, glad you're liking it - be sure to let me know if you have any problems or suggestions
[2016-02-09 22:56:57] micmix : BitMEX_Sam: I would like to see avgEntryPrice in addition to avgCostPrice for long-term contracts
[2016-02-09 22:57:45] sleger : micmix: sorry to jump in like that, but quick question for the FIX 0kc api, whats the symbol name for this week ? In the doc they only mention BTC/USD but thats spot
[2016-02-09 22:57:45] BitMEX_Sam : I'm thinking about how we're going to deal with those datatables in the future
[2016-02-09 22:58:03] micmix : otherwise unrealised PNL doesn't always make sense: it's calculated based on the re-balanaced price which is hidden
[2016-02-09 22:58:18] BitMEX_Sam : I really don't think they're the best way to display the data - we're working on a more intuitive layout that will show the most important data first, then much more in-depth data at a click
[2016-02-09 22:58:48] BitMEX_Sam : Right, that's understandable re: avgEntryPrice
[2016-02-09 23:00:04] micmix : yeah, I would like to see main info like size, PNL, liq price in bigger font with + button expanding all detailed info
[2016-02-09 23:01:51] micmix : question about 48H contract: do I have to do anything to roll my position to 24H?
[2016-02-09 23:02:54] BitMEX_Sam : micmix: Nope, it's automatic
[2016-02-09 23:03:32] BitMEX_Sam : We'll also be redesigning the order list to show essentially what looks like a version of the orderbook, but with only your orders in it + some fold-out information
[2016-02-09 23:03:44] BitMEX_Sam : But we likely will launch without that because there are a ton of features built-up already
[2016-02-09 23:04:38] micmix : BitMEX_Sam: how does rollover look on the API level? any special messages? or just XBT24H position appears immediately after it's re-listed?
[2016-02-09 23:05:02] BitMEX_Sam : Let me send a message to Wally to answer that, I'm not 100% on what type of execution gets sent
[2016-02-09 23:24:14] Tulip_stefan : does anyone know why usd/cny suddendly devalued from 6.5750 to 6.4873?
[2016-02-09 23:26:06] Tulip_stefan : or perhaps more interesting, why it took over half an hour for that news to hit the market.
[2016-02-09 23:31:01] micmix : BitMEX_Sam: small UI issue on testnet. advanced layout, sidebar on the left, +10 +0.1 buttons next to the order controls are behind Selected Contract panel, looks like wrong z-index. reduce window width to see the problem
[2016-02-09 23:32:37] REKT : Liquidated short on `ETH7D`: Buy 21 @ 0.00992
[2016-02-09 23:36:57] REKT : Liquidated short on `ETH7D`: Buy 800 @ 0.01013
[2016-02-09 23:37:48] BitMEX_Sam : Thanks micmix
[2016-02-09 23:40:07] REKT : Liquidated short on `ETH7D`: Buy 600 @ 0.01020
[2016-02-09 23:40:27] REKT : Liquidated short on `ETH7D`: Buy 1 @ 0.01023 :punch: :whale:
[2016-02-09 23:49:20] tscha : eth7d more 24h turnover than xbt7d :)
[2016-02-09 23:50:12] j8 : Tulip_stefan: good question, whats your source for that? the last fixing rate was 6.5314 on feb 5th.. china's on holiday, offshore yuan hasn't changed much
[2016-02-09 23:51:00] Tulip_stefan : http://finance.yahoo.com/echarts?s=USDCNY%3DX+Interactive#{%22range%22:%225d%22,%22allowChartStacking%22:true}
[2016-02-09 23:51:13] Tulip_stefan : it's clearly visible on http://stakepool.com:8080/coinorama/
[2016-02-09 23:51:58] Tulip_stefan : actually the news seems to either not have hit the market or have not affected the markets.
[2016-02-09 23:52:21] Tulip_stefan : at this point i'm very glad that i have not implemented proper currency conversion rates in my bot...
[2016-02-09 23:53:57] j8 : "Chinese financial markets including equities and onshore exchanges will be closed for the Lunar New Year; the offshore yuan market will be open with normal hours. PBOC will NOT publish the daily yuan reference rate during the holiday week. "
[2016-02-09 23:54:55] j8 : found that in a link off yahoo.. i think maybe the offshore pair USD/CNH is the one to watch this week
[2016-02-09 23:57:03] tscha : BitMEX_Sam: do you know if there is still a lot of activity in the bitshares community?
[2016-02-10 00:07:15] BitMEX_Sam : tscha: Appears to be
[2016-02-10 00:09:20] tscha : Threw a coin at ETH recently, might do the same with bitshares. Like the idea and price seems to have calmed, so why not
[2016-02-10 00:10:08] REKT : Liquidated long on `ETH7D`: Sell 1 @ 0.01027 :punch: :whale:
[2016-02-10 00:13:03] tscha : BitMEX_Sam: btw, the stuck-at-bouncing-logo-bug just occured again, chrome, win 7
[2016-02-10 00:13:51] tscha : and sometimes my tab title is '[object Object]'
[2016-02-10 00:14:16] tscha : `[object Object]`
[2016-02-10 00:17:11] BitMEX_Sam : tscha: That was actually caused by us deploying a fix for the [object Object] bug
[2016-02-10 00:27:41] micmix : tscha: you spent a coin on ETH, I added several to my shorting bot :-)
[2016-02-10 00:28:46] tscha : micmix: I got in at 0.006, the plan is to throw it into a corner and forget about it
[2016-02-10 00:29:06] tscha : when I have more time I might start trading it :)
[2016-02-10 00:33:38] micmix : tscha: yeah, long-term it will either be valuable or go to zero
[2016-02-10 00:36:39] REKT : Liquidated long on `ETH7D`: Sell 117 @ 0.01009
[2016-02-10 00:57:59] REKT : Liquidated short on `ETH7D`: Buy 800 @ 0.01144
[2016-02-10 00:59:47] hashman : what's the likelyhood of DPE on ETH7D considering this massive up moves?
[2016-02-10 00:59:52] hashman : shorters getting rekd
[2016-02-10 01:05:37] j8 : worse if it dumps, it's always more of a fight on the way up
[2016-02-10 01:24:09] zanza : http://www.zerohedge.com/news/2016-02-09/sweden-arrests-14-plotting-attack-migrant-house-axes-iron-pipes
[2016-02-10 03:30:08] zanza : is the "Eurodollar" related to EUR/USD Forex?
[2016-02-10 03:56:14] REKT : Liquidated long on `ETH7D`: Sell 485 @ 0.01120
[2016-02-10 05:16:14] zanza : ETH going crazy lately?
[2016-02-10 05:16:33] zanza : never really followed it
[2016-02-10 05:59:03] BitMEX_Wally : micmix: When `XBT48H` expires the `position` table is updated to move the `currentQty` from `XBT48H` to `XBT24H`, there is no execution message
[2016-02-10 05:59:12] messiaen8844 : market maker stalled on ETH7D :P
[2016-02-10 05:59:18] messiaen8844 : :P
[2016-02-10 05:59:59] BitMEX_Wally : micmix: All open orders in `XBT48H` are canceled for now, but we could roll them into `XBT24H` if there was demand
[2016-02-10 06:00:20] messiaen8844 : sucks when you have a good position and can't profit on it because of the biiiiiig spread
[2016-02-10 06:02:58] j8 : BitMEX_Wally: i guess pnl on `XBT48H` is rebalanced at daily settlement?
[2016-02-10 06:03:28] BitMEX_Wally : `XBT48H` is not rebalanced. It just is renamed to XBT24H
[2016-02-10 06:03:37] BitMEX_Wally : So all open positions and unrealisedPnl stays the same
[2016-02-10 06:04:47] j8 : i see, then there is the possibility of the daily opening with DPE?
[2016-02-10 06:04:48] BitMEX_Wally : messiaen8844: The spread on `ETH7D` is < 0.6%
[2016-02-10 06:05:55] messiaen8844 : now it got better, for a good while it was kind of a trap lol
[2016-02-10 06:05:57] BitMEX_Wally : j8: Yes, there is that possibility. We could leave 48H to just expire and start a new 24H with the same expiry if that happens
[2016-02-10 06:09:56] j8 : seems a bit messy. maybe the rebalance is worth considering. anyway, it's not really a big deal, it's a big plus to be able to roll
[2016-02-10 06:17:24] Tulip_stefan : About the usd/cny devaluation yesterday, the price is back at the old levels.
[2016-02-10 06:17:33] Tulip_stefan : which really raises the question, what the hell was that?
[2016-02-10 06:27:19] j8 : yeah i saw that.. anyway the markets are supposedly closed this week so i'm not sure what they're sourcing
[2016-02-10 06:56:07] micmix : BitMEX_Wally: thanks for the explanation
[2016-02-10 07:04:34] slavo : standard$ 9 spread on 7D lul
[2016-02-10 07:37:09] REKT : Liquidated short on `ETH7D`: Buy 10 @ 0.01167
[2016-02-10 08:24:08] zanza : wow, ETH volume is almost equal to XBT24H
[2016-02-10 08:24:29] zanza : really took off lately
[2016-02-10 08:26:38] zanza : no rapidtrades today?
[2016-02-10 08:26:49] zanza : habibi ?
[2016-02-10 09:22:44] donchard : REKT: helo is that singals
[2016-02-10 09:50:43] REKT : Liquidated long on `ETH7D`: Sell 50 @ 0.01135
[2016-02-10 11:42:24] chromaticcr : Interesting stuff going on with USDCNH
[2016-02-10 12:02:33] jung1 : heh long on eth at 960 was right decision
[2016-02-10 13:14:38] REKT : Liquidated short on `XBT24H`: Buy 6 @ 379.92
[2016-02-10 14:41:42] habibi : go eth <3
[2016-02-10 14:43:01] REKT : Liquidated long on `ETH7D`: Sell 1250 @ 0.01016
[2016-02-10 14:43:01] REKT : Liquidated long on `ETH7D`: Sell 700 @ 0.01011
[2016-02-10 14:45:11] REKT : Liquidated long on `ETH7D`: Sell 1755 @ 0.01010
[2016-02-10 14:49:49] chromaticcr : pop'a'dee'pop
[2016-02-10 14:53:20] habibi : BitMEX_Wally: did u manually liquidated liq into order book?
[2016-02-10 14:53:24] habibi : on eth?
[2016-02-10 14:53:51] j8 : system does it automatically
[2016-02-10 14:54:09] habibi : it was on orderbook
[2016-02-10 14:54:31] habibi : and system was managing it withing poloniex price and then dump
[2016-02-10 14:54:35] chromaticcr : except when market order goes wrong on XBU i guess, which they find ways to hedge it em' selves
[2016-02-10 14:54:39] j8 : yeah, it'll push it into the book if it doesn't fill after a while
[2016-02-10 14:54:55] habibi : ah so time is factor
[2016-02-10 14:54:59] habibi : didnt know :p thanks
[2016-02-10 14:55:14] j8 : time, maybe, and mark price
[2016-02-10 14:55:27] habibi : mark price was going up so i think not
[2016-02-10 14:56:21] j8 : yeah definitely a time factor
[2016-02-10 15:03:52] messiaen8844 : That spread on eth 7d... Market maker rage?
[2016-02-10 15:09:36] habibi : u know mm is here for making money :) in case he is long too much he can only post asks probally
[2016-02-10 15:12:12] messiaen8844 : habibi: yeah i know, but sucks when all liquidity is suddenly removed. Hoprfully with more volume we can get more makers on eth. Its very nice though that BitMEX offers it.
[2016-02-10 15:14:02] BitMEX_Wally : habibi: Some time we manually aggress liquidation orders
[2016-02-10 15:14:33] j8 : interesting
[2016-02-10 15:15:06] BitMEX_Wally : But only it if won't cause a system loss
[2016-02-10 15:16:30] habibi : BitMEX_Wally: ok :) so that liq was manually made?
[2016-02-10 15:26:26] sleger : BitMEX_Wally: I dont like that liq orders dont have clear rules. Essentially by making decisions (based on your personal sentiment of the market), bitmex employees are effectively gambling with the customers money.
[2016-02-10 15:30:38] tscha : it's not really gambling if they have a clear long-term edge over the automated system in these situations. I guess that is the case, since they don't have an incentive to make the system perform worse.
[2016-02-10 15:30:55] BitMEX_Wally : There is no analysis of the market. Liquidation orders are usually aggressed until they are cleared.
[2016-02-10 15:31:22] habibi : BitMEX_Wally: was that a manual liquidation on eth ;p?
[2016-02-10 15:31:24] BitMEX_Wally : They are never aggressed beyond the 'break even' point so it is not gambling
[2016-02-10 15:31:31] BitMEX_Wally : All it does it reduce the risk of DPE
[2016-02-10 15:32:06] BitMEX_Wally : The auto aggression logic was written for XBT24H and is based on fixed percentages which do not work well with ETH7D and its wider spread
[2016-02-10 15:32:16] BitMEX_Wally : Hence the need to manually aggress that ETH7D order
[2016-02-10 15:33:33] BitMEX_Wally : Our goal is to keep the DPE rate at 0% and the longer a liquidation order remains unfilled the more the market might move away from it
[2016-02-10 15:35:23] habibi : actually it was exacly in time market starting moving upwards so does mark price, but who cares. long live bitmex !:)
[2016-02-10 15:37:18] tscha : could go up, could go down, manually taking care of it is the safer way though
[2016-02-10 15:37:44] sleger : manually is safer way ... lol
[2016-02-10 15:37:58] habibi : tscha: in which cases? only in cases that happened manually?
[2016-02-10 15:38:46] sleger : BitMEX_Wally: ?I know you think you are doing this for the right reasons, and it is in your interest to do it well. However your method is currently biased towards trying to get always 0% DPE and increasing the risk of having very high DPE
[2016-02-10 15:39:25] tscha : sleger: because insurance fund is kept low with this method?
[2016-02-10 15:39:54] habibi : tscha: if its safer why not all of them make manually ? :)
[2016-02-10 15:40:12] sleger : this was the case a couple of weeks ago with a large liq order on H6 that was just sitting there for a long time (many hours) instead of just being more aggressive. This would have caused a small DPE but wouldnt have risked having a huge one.
[2016-02-10 15:40:24] j8 : insurance fund will never cover a runaway loss
[2016-02-10 15:40:37] jung1 : Where we go with meth?
[2016-02-10 15:40:47] BitMEX_Wally : That H16 order was already maximally aggressed and had spent the insurance fund
[2016-02-10 15:40:54] sleger : In the end the market came back up and the order was eaten, but it could have gone the other way, which would have cost me a large DPE, this is what I mean with bitmex gambling with customer m oney
[2016-02-10 15:41:33] BitMEX_Wally : Right but if we had aggressed it any further we would have realised a system loss meaning DPE that could never go back to 0%
[2016-02-10 15:41:35] sleger : BitMEX_Wally: I know it was but I think the right move should have been to go a few points deeper, making people want to take it and not risking a huge DPE which you were lucky to avoid.
[2016-02-10 15:42:05] sleger : BitMEX_Wally: And I am saying all of this having more than half of all of NOP of H16
[2016-02-10 15:42:18] BitMEX_Wally : It's an interesting idea, we'll have a think about it
[2016-02-10 15:42:31] sleger : I would have preferred to have a small guaranteed DPE than risking a large one at the time
[2016-02-10 15:42:38] BitMEX_Wally : Understood
[2016-02-10 15:43:07] sleger : (similar reasons why I prefer auto deleveraging or very frequent settlements etc...)
[2016-02-10 16:58:54] REKT : Liquidated long on `XBT24H`: Sell 3949 @ 381.30
[2016-02-10 17:09:14] REKT : Liquidated short on `ETH7D`: Buy 50 @ 0.01130
[2016-02-10 17:30:55] REKT : Liquidated long on `XBT24H`: Sell 1902 @ 378.37
[2016-02-10 17:30:55] REKT : Liquidated long on `XBT24H`: Sell 1802 @ 378.49
[2016-02-10 19:00:28] REKT : Liquidated long on `ETH7D`: Sell 1 @ 0.01036 :punch: :whale:
[2016-02-10 19:18:38] REKT : Liquidated long on `ETH7D`: Sell 150 @ 0.00992
[2016-02-10 22:06:11] jung1 : BitMEX_Wally: any chance for profit/loss % in calculator option?
[2016-02-10 22:35:21] BitMEX_Sam : jung1: It's already in there next to the Profit/Loss readout
[2016-02-10 22:47:37] jung1 : oh missed it
[2016-02-10 22:47:39] jung1 : awesome
[2016-02-10 22:50:28] rapidtrades : kekeke
[2016-02-10 22:52:00] jung1 : you are a dolphin?
[2016-02-11 00:33:59] georgehosterguy : Eth is insane ...
[2016-02-11 00:34:40] BitMEX_Sam : Been a pretty crazy week for ETH, no doubt.
[2016-02-11 00:36:09] messiaen8844 : Time to implement ETH hedging?
[2016-02-11 00:36:12] georgehosterguy : I killing myself for selling at 2.50 ... only because I had an employment uncertainty. I'd be 10k richer now ...
[2016-02-11 00:37:30] messiaen8844 : certainly more exchanges will trade ETH now
[2016-02-11 00:40:23] georgehosterguy : I just want my eth back but not at $4+
[2016-02-11 00:41:49] georgehosterguy : Will it ever dump?
[2016-02-11 00:42:05] messiaen8844 : I hope so , very hard ;)
[2016-02-11 00:42:09] messiaen8844 : ;)
[2016-02-11 00:44:40] georgehosterguy : Too scared to short ... had to get out
[2016-02-11 00:46:04] messiaen8844 : not the time yet for the big short
[2016-02-11 00:53:10] georgehosterguy : Can I give you my phone # and get a text when it's time??? I want my eth back ...
[2016-02-11 00:57:32] tscha : calm week, as expected
[2016-02-11 01:53:16] zanza : i shoudl short ETH
[2016-02-11 02:18:24] georgehosterguy : I wouldn't yet ... I tried. Still strong.
[2016-02-11 03:55:20] HugeRoo : There's apparently a big announcement coming up for Bitcoin anytime soon.
[2016-02-11 03:55:33] HugeRoo : Twitter @BitfuryGeorge
[2016-02-11 03:59:17] messiaen8844 : https://twitter.com/BitfuryGeorge/status/558097302678962176
[2016-02-11 03:59:40] zanza : pump pump pump
[2016-02-11 04:01:56] messiaen8844 : actually now it's two ETFs. Core ETF and Classic ETF
[2016-02-11 04:05:15] rapidtrades : noon gives a shit
[2016-02-11 04:06:10] rapidtrades : lol HK opened 800 points lower after the holidays
[2016-02-11 04:06:26] rapidtrades : MERRY CHRISTMAS B1TCHES
[2016-02-11 04:34:09] salcon : чё с висдомом?
[2016-02-11 05:21:57] zanza : the RUB is gunna get rekt today at open
[2016-02-11 05:22:23] zanza : usd/rub probably over 80
[2016-02-11 05:53:45] REKT : Liquidated long on `XBT24H`: Sell 14000 @ 379.92
[2016-02-11 07:53:08] REKT : Liquidated short on `ETH7D`: Buy 18 @ 0.01172
[2016-02-11 09:30:31] REKT : Liquidated long on `ETH7D`: Sell 100 @ 0.01144
[2016-02-11 10:37:23] REKT : Liquidated short on `ETH7D`: Buy 3 @ 0.01207 :punch: :whale:
[2016-02-11 10:43:23] REKT : Liquidated short on `ETH7D`: Buy 15 @ 0.01211
[2016-02-11 11:20:23] rapidtrades : FELLAS HOW'S IT GOING TODAY
[2016-02-11 11:20:29] rapidtrades : ISN'T A GREAT DAY TO BE ALIVEEE
[2016-02-11 12:11:15] REKT : Liquidated short on `ETH7D`: Buy 20 @ 0.01219
[2016-02-11 12:17:20] DareDevil : http://livestream.com/liftconference/events/4805866
[2016-02-11 12:17:25] DareDevil : get some nice info on ETH :)
[2016-02-11 13:06:41] elmorte : HELL YEAH RAPID!
[2016-02-11 13:06:57] elmorte : Started drinking and it's not even a Friday. I'm a rebel like that
[2016-02-11 13:08:11] elmorte : Just wish I wouldn't wake up every morning with an open position that I have no recollection of...
[2016-02-11 13:08:53] elmorte : It's almost a kind of a game..."what's it gonna be this morning, long or short?"
[2016-02-11 13:15:57] REKT : Liquidated short on `ETH7D`: Buy 27 @ 0.01314
[2016-02-11 13:51:33] habibi : nice wall on eth
[2016-02-11 14:05:49] rapidtrades : GOD BLESS AMERICA
[2016-02-11 14:06:01] rapidtrades : and the rest of the semi-free world
[2016-02-11 14:17:48] REKT : Liquidated short on `XBT24H`: Buy 1000 @ 381.91
[2016-02-11 15:02:49] REKT : Liquidated long on `XBT7D`: Sell 1500 @ 377.20
[2016-02-11 15:02:49] REKT : Liquidated long on `XBT7D`: Sell 7500 @ 377.23
[2016-02-11 15:02:49] REKT : Liquidated long on `XBT24H`: Sell 1000 @ 378.45
[2016-02-11 15:03:39] REKT : Liquidated long on `XBT24H`: Sell 3327 @ 374.47
[2016-02-11 15:04:09] REKT : Liquidated long on `XBT7D`: Sell 200 @ 375.06
[2016-02-11 15:04:09] REKT : Blood on the streets!
[2016-02-11 15:11:29] REKT : Liquidated short on `ETH7D`: Buy 2700 @ 0.01376
[2016-02-11 15:11:29] REKT : Liquidated short on `ETH7D`: Buy 29 @ 0.01375
[2016-02-11 15:32:10] REKT : Liquidated short on `ETH7D`: Buy 3 @ 0.01395 :punch: :whale:
[2016-02-11 15:48:23] Juba : whats the high of the day on ETH
[2016-02-11 15:48:34] Juba : does it show?
[2016-02-11 15:48:46] messiaen8844 : Juba: 142. Now the dump
[2016-02-11 15:48:54] BitMEX_Sam : Juba: Yeah, see the "range" in the ticker bar on the top
[2016-02-11 15:48:58] BitMEX_Sam : Highest was 0.1424
[2016-02-11 15:49:03] BitMEX_Sam : Sorry, 0.01424 :)
[2016-02-11 15:49:17] Juba : aaa I almost got it :P
[2016-02-11 15:49:26] BitMEX_Sam : Pretty nuts.
[2016-02-11 15:49:34] BitMEX_Sam : Poloniex is going crazy. They're doing well the last few days
[2016-02-11 15:50:07] Juba : yeah
[2016-02-11 15:50:12] Juba : their volume is sick
[2016-02-11 15:50:15] laisee : the next Bitcoin?
[2016-02-11 15:50:20] Juba : no
[2016-02-11 15:50:37] Juba : chill with those emotions right now :P
[2016-02-11 15:50:41] messiaen8844 : BitMEX_Sam: you must be very happy also with our eth futures. Nice that you added it here so soon
[2016-02-11 15:50:53] BitMEX_Sam : :whale:
[2016-02-11 15:51:07] BitMEX_Sam : Yeah, it's easy for us to add new products if we think the market will bear it. ETH turned out to be a good choice.
[2016-02-11 15:53:14] Juba : Hows MM banking on ETH
[2016-02-11 15:53:48] Juba : whats the model
[2016-02-11 15:58:57] Juba : Sam, it would be cool if I could drag around my stops at the TV chart. Like MT4
[2016-02-11 15:59:22] BitMEX_Sam : Agreed, that's something we're going to support soon
[2016-02-11 15:59:26] elmorte : I still don't get ETH. Is there an eli5 that doesn't sound like an Amway commercial?
[2016-02-11 15:59:29] Juba : nice
[2016-02-11 15:59:30] BitMEX_Sam : We're adding order amending to the UI soon
[2016-02-11 15:59:38] Juba : sweet
[2016-02-11 15:59:42] BitMEX_Sam : So you'll be able to click on an order's size or price and change it.
[2016-02-11 15:59:44] Juba : will be so helpful
[2016-02-11 15:59:49] BitMEX_Sam : Yeah for sure.
[2016-02-11 16:00:14] elmorte : Yup. Right now I make a new order then cancel the old one...which I don't always remember :/
[2016-02-11 16:00:37] BitMEX_Sam : Yeah. And part of that will also be a better order display. I've been doing some mockups of what essentially looks like an orderbook, but with only your orders inside it
[2016-02-11 16:00:47] BitMEX_Sam : So you can easily see at a glance where you stand
[2016-02-11 16:00:54] Juba : you know the screenshot button top right, would be cool if that also pictured your "profit" ect. but that might be hard I gues
[2016-02-11 16:01:32] elmorte : There's a screenshot button?
[2016-02-11 16:01:33] BitMEX_Sam : Actually that should be possible, but we don't have that much control over TradingView
[2016-02-11 16:01:38] BitMEX_Sam : elmorte: Top right of the chart
[2016-02-11 16:02:02] elmorte : Ah, the camera icon
[2016-02-11 16:02:07] Juba : yeah
[2016-02-11 16:02:13] Juba : and it shouldnt be "gray"
[2016-02-11 16:02:38] Juba : minor details
[2016-02-11 16:02:39] elmorte : Yeah, there's no alt text when you hover
[2016-02-11 16:03:29] elmorte : Sam in 30 secs: "Fixed"
[2016-02-11 16:06:36] tscha : elmorte: haha
[2016-02-11 16:07:07] elmorte : tscha: :) Thanks. Tough crowd
[2016-02-11 16:07:54] BitMEX_Sam : Yeah, that's strange that there's no text when you hover.
[2016-02-11 16:08:30] tscha : Smear campaign core vs. classic is about to get real.. Will be interesting what happens when China is back from holiday... *grabbing popcorn*
[2016-02-11 16:09:04] elmorte : I reckon they have more time to surf now then during normal hours..
[2016-02-11 16:10:32] elmorte : Bet the lag would suck though
[2016-02-11 16:11:14] elmorte : Anybody here running a node?
[2016-02-11 16:12:56] BitMEX_Sam : We're running one for experimentation
[2016-02-11 16:14:29] elmorte : core, classic?
[2016-02-11 16:14:48] BitMEX_Sam : One of each
[2016-02-11 16:15:05] elmorte : Nice. Can you run it on Windows?
[2016-02-11 16:15:11] BitMEX_Sam : I believe there's an installer, yes
[2016-02-11 16:16:04] elmorte : Ok, cheers. Going to have a dedicated server in my new office so was thinking of doing my part
[2016-02-11 16:16:54] laisee : binaries for windows exist. or u can try using VPS like feral
[2016-02-11 16:17:38] BitMEX_Sam : Disk space usage is ramping up rather quickly
[2016-02-11 16:17:44] BitMEX_Sam : We've gone from about 25G to 55G in the last 12mo
[2016-02-11 16:17:58] elmorte : I already pay for the broadband connection...so might as well
[2016-02-11 16:18:04] BitMEX_Sam : No big deal on physicals but makes VPSs more difficult
[2016-02-11 16:18:26] elmorte : The HDD will probably be in terrabytes,,,
[2016-02-11 16:18:36] BitMEX_Sam : Yeah figured as much. No big deal then
[2016-02-11 16:19:06] messiaen8844 : how is bandwidth going? to you monitor that ?
[2016-02-11 16:19:40] elmorte : You asking me or Sam? I have unlimited bandwidth
[2016-02-11 16:19:41] laisee : feral offers 1TB disk.
[2016-02-11 16:20:21] elmorte : as in volume...not speed
[2016-02-11 16:24:27] elmorte : BitMEX_Sam: If I own 7000 contracts of $1 each...how is the total value $9900+?
[2016-02-11 16:24:43] BitMEX_Sam : elmorte: Which instrument?
[2016-02-11 16:25:03] elmorte : XBT24H
[2016-02-11 16:25:36] messiaen8844 : x100
[2016-02-11 16:26:24] BitMEX_Sam : Each contract is 0.0037642 XBT at the current price
[2016-02-11 16:26:46] BitMEX_Sam : So that's 26.35 XBT, when multiplied by 7000
[2016-02-11 16:27:05] BitMEX_Sam : Multiply 26.35 XBT by the current price and you get $9900
[2016-02-11 16:28:02] elmorte : I can do the math...just thought 7000 of $1 contracts =~ $7000
[2016-02-11 16:30:21] elmorte : I feel kinda blonde right now...
[2016-02-11 16:30:21] BitMEX_Sam : They're not $1 contracts
[2016-02-11 16:30:34] elmorte : Ah, ok...
[2016-02-11 16:30:36] BitMEX_Sam : You might be thinking of the old XBU24H from last year
[2016-02-11 16:30:53] elmorte : Ok I see
[2016-02-11 16:30:55] elmorte : Cheers
[2016-02-11 16:31:06] BitMEX_Sam : XBT is a quanto series, which means it's denominated in Bitcoin - they're worth more Bitcoin as the price goes up
[2016-02-11 16:31:17] BitMEX_Sam : XBU has a constant USD value, XBT doesn't
[2016-02-11 17:16:53] elmorte : Sorry, had to go see a guy about a thing
[2016-02-11 17:17:07] elmorte : I was confused by the " Each contract is worth 1000 Satoshis per $1 price, currently 0.0037667 XBT." But yeah, I get it now
[2016-02-11 17:23:05] tscha : "one of each node".... haha, as diplomatic as possible. Smart, I like.
[2016-02-11 17:29:33] BitMEX_Sam : Well, we want to be ready no matter what happens. We of course run our own node anyway for balance lookups, but it's important to have tested this software in case we're required to use it in the near future.
[2016-02-11 17:43:04] jung1 : Ok lets go back to 380
[2016-02-11 17:43:58] elmorte : I'm game
[2016-02-11 17:44:42] elmorte : BitMEX_Sam: Are nodes not "backwards compatible" if you know what I mean? Basically, won't a classic node support core as well?
[2016-02-11 17:44:54] BitMEX_Sam : elmorte: Yes, it will
[2016-02-11 17:45:36] BitMEX_Sam : So if Classic gains momentum it's the prudent choice to switch asap
[2016-02-11 17:46:07] elmorte : Yup. Thanks. What chat software do you use? Your replies are like lightning fast...
[2016-02-11 17:47:00] sleger : maybe he types with 2 fingers
[2016-02-11 17:47:07] elmorte : Most of the time...
[2016-02-11 17:47:28] elmorte : Haha...but he'd have to monitor the trololbox like a hawk!
[2016-02-11 17:48:03] BitMEX_Sam : I'm just typing in the site elmorte
[2016-02-11 17:48:13] BitMEX_Sam : But I code all day... so I type quickly.
[2016-02-11 17:48:37] elmorte : So....lot of pizza and coke zero?
[2016-02-11 17:48:52] djuan : if i keep my bitcoins in my bread wallet, will i automatically be on classic?
[2016-02-11 17:49:31] jung1 : Changing coffe into lines of code
[2016-02-11 17:49:33] habibi : too much drama around eventually forking into two bitcoin ;p people are scared but i bet there will be no real 2 chains
[2016-02-11 17:49:57] elmorte : habibi: I don't know man, they all kinda stubborn
[2016-02-11 17:50:03] jung1 : This is why eth grow
[2016-02-11 17:50:31] tscha : it's practically impossible that there will be 2 different chains for a significant amount of time, unless there is a hard fork with a different PoW
[2016-02-11 17:50:32] jung1 : Eth blockchain will be bigger and stronger
[2016-02-11 17:50:46] habibi : i agree core devs acts like retards but its all abotu their own bussiness plan they have in blockstream
[2016-02-11 17:50:55] jung1 : Long live eth
[2016-02-11 17:52:27] elmorte : Yeah, too much vested interest...and their PR sucks
[2016-02-11 17:52:34] messiaen8844 : I'm not confortable with ETH switch to unproven PoS scheme later on... too much uncertainty
[2016-02-11 17:53:12] habibi : yep, last time i was interesed into it was said that they switching to pos with 50% yearly grow
[2016-02-11 17:53:28] elmorte : proof of..?
[2016-02-11 17:53:31] messiaen8844 : Stake
[2016-02-11 17:53:37] elmorte : Ah, k
[2016-02-11 17:53:40] messiaen8844 : Still in R & D
[2016-02-11 17:54:05] elmorte : I still need an eli5 for ETH
[2016-02-11 17:54:16] messiaen8844 : with huge, monumental, ridiculous theoretical problems it seems. MOst people think it's even impossible to do it correctly
[2016-02-11 17:54:18] elmorte : Any recommendations?
[2016-02-11 17:54:29] messiaen8844 : Ethereum Forums, Blogs, Wikis
[2016-02-11 17:54:32] messiaen8844 : but it changes all the time
[2016-02-11 17:54:39] elmorte : Yeah, I mean without bias
[2016-02-11 17:54:41] Tulip_stefan : It's simply bitcoin with a large amount of commands you can put in the script.
[2016-02-11 17:54:54] messiaen8844 : the implementation is always changing, things are dropped, languages are added back and forth, it's very very early
[2016-02-11 17:55:07] habibi : ofc keeping that in mind that most of these coins should be burned in diffrent inteligent contracts but u know its crypto.. usability and real usage are two diffrent things
[2016-02-11 17:55:12] jung1 : Altcoins will grow rapidly before btc fork. Invvestors will be scared and move their money into more stable ones
[2016-02-11 17:55:43] messiaen8844 : they are already, but BTC is still the safest, networks problems or not
[2016-02-11 17:55:45] habibi : i dont think stable is good word here :p
[2016-02-11 17:55:47] elmorte : Even with the split looming, hard to imagine any altcoins as "more stable"
[2016-02-11 17:55:50] messiaen8844 : MaidSAfe coin today jumped 50%
[2016-02-11 17:56:42] elmorte : messiaen8844: Can't tell if you're making stuff up
[2016-02-11 17:56:56] elmorte : :)
[2016-02-11 17:57:04] messiaen8844 : regarding what?
[2016-02-11 17:57:19] elmorte : MaidSAfe? Someone actually names a coin that?
[2016-02-11 17:57:41] habibi : all other names were taken before so u know :p
[2016-02-11 17:57:42] laisee : monero and darknote are good candidates for interest if/when Bitcoin price goes down.