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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-06-04 11:04:30] elmorte : Yeah, a lil bit.... [2016-06-04 11:04:42] elmorte : Half in ETH, half in DAO [2016-06-04 11:05:06] elmorte : Almost used the USD stash at finex to buy ETH yesterday [2016-06-04 11:05:16] elmorte : But found a different solution [2016-06-04 11:06:01] Mr Blue : elmorte: haha makes sense to be a little bit in everything, I was once like that but decided to consolidate it BTC, it's no longer the golden age for ALTs like cryptsy in 2013 you couldnt make a bad trade lol [2016-06-04 11:08:46] mrp1nk : imo 95% of these shitcoin will go disappear eventually [2016-06-04 11:08:59] Mr Blue : elmorte: I've not researched DAO yet, what got you in to in?? It's a cryptocurrency?? What's it's special feature? How many are mined per day? And what's the maximum currency limit if it has one. [2016-06-04 11:09:30] Mr Blue : In to it* [2016-06-04 11:11:42] elmorte : DAO supply is fixed AFAIK, 100m units [2016-06-04 11:13:01] elmorte : And it came right after the success of LISK, so I was hodling this ETH and had a choice to put some into DAO [2016-06-04 11:13:02] elmorte : So I went 50/50 [2016-06-04 11:13:31] elmorte : And I can still get the ETH back if things don't improve [2016-06-04 11:14:09] elmorte : No wait, LISK is fixed [2016-06-04 11:14:21] Mr Blue : elmorte: 100 million total, but who's behind it? And does it have an advanced blockchain [2016-06-04 11:14:52] elmorte : DAO is on the Ethereum chain [2016-06-04 11:14:57] elmorte : It's [2016-06-04 11:15:19] Mr Blue : Orbitcoin is med supply 3.6 million coins 2 million mind, still doesn't stop it from been only 1 to 2 cents each [2016-06-04 11:15:22] elmorte : A token [2016-06-04 11:15:34] Mr Blue : elmorte: ahhh now I understand [2016-06-04 11:16:15] elmorte : Yeah, it was an investment with a very limited downside [2016-06-04 11:16:27] ggwp : sell sell sell! [2016-06-04 11:16:38] ggwp : bye bye bye! [2016-06-04 11:17:09] Mr Blue : elmorte: what development in side ETH is it based on?? Is it true if a bug in the code is found all DAO will be destroyed or lost for the code creator on the ETH blockchain [2016-06-04 11:17:13] mrp1nk : https://daohub.org/ [2016-06-04 11:18:00] mrp1nk : 1172.78 M tokens [2016-06-04 11:19:15] Mr Blue : mrp1nk: lol bit more then 100 mill then [2016-06-04 11:20:36] mrp1nk : afaik you got 100 dao tokens for 1 - 1.5 ETH [2016-06-04 11:21:10] elmorte : Yeah, I mixed it up with some other coin, I think LISK [2016-06-04 11:22:20] Mr Blue : No problem mate, anyways let me know if you see anything you feel strongly I should grab, I'm always open to suggestions [2016-06-04 11:22:22] blackwhite : btc dumped? [2016-06-04 11:22:24] elmorte : Mr Blue: Wouldn't know, not a developer and there's just too much scattered info and only so many hours inn a day [2016-06-04 11:23:17] elmorte : I think LISK has a long way more to go, So I'm glad I held on to that [2016-06-04 11:23:45] Mr Blue : blackwhite: for now, but normally you do get a dump after a pump like that, hopefully a short term one I can jump in on lol [2016-06-04 11:23:57] elmorte : ETH also has a bunch of things in store which can only drive up the value as I see it [2016-06-04 11:24:15] Mr Blue : elmorte: ye like coin base? [2016-06-04 11:24:36] elmorte : I thought it was US based [2016-06-04 11:25:34] Mr Blue : elmorte: maybe I jumped out of LSK unfairly without a research, just didn't think it was a crypto when I jumped in, I'll look in to it mate [2016-06-04 11:29:38] elmorte : You bought during ICO? [2016-06-04 11:30:27] Mr Blue : No yesterday, and then sold yesterday [2016-06-04 11:30:32] mrp1nk : it feels that we are on the top of the ico bubbles.i mean 30k btc for waves? get real nig gaz [2016-06-04 11:32:49] Mr Blue : mrp1nk: still noob here my self, they add ICO's often ? [2016-06-04 11:33:04] mrp1nk : atm yes [2016-06-04 11:33:34] elmorte : There was a link someone posted on Reddit with all the upcoming ICOs...wish I could find it again [2016-06-04 11:33:51] ggwp : icocountdown [2016-06-04 11:34:05] ggwp : just don't chare it too much ;) [2016-06-04 11:34:28] ggwp : I'm being a nice guy giving it out anyway [2016-06-04 11:34:34] ggwp : *share [2016-06-04 11:34:43] Mr Blue : I normally stay away from them, or I did when I was trading often on crypto exchanges, here with the leverage it might make them much more interesting for me. [2016-06-04 11:35:31] Mr Blue : elmorte: ye I'd like to jump in on a newly added one for sure [2016-06-04 11:36:11] elmorte : That's it, thanks good guy wp [2016-06-04 11:37:21] elmorte : How do you forget a url like that...:( [2016-06-04 11:37:46] Mr Blue : ggwp: thanks, do we know what ones will be on offer here? [2016-06-04 11:38:49] elmorte : Mr Blue: depends on their trading volume [2016-06-04 11:39:08] mrp1nk : http://www.icocountdown.com/ @Mr Blue [2016-06-04 11:39:31] elmorte : Admins would be in a better position to answer [2016-06-04 11:40:55] Mr Blue : ggwp: @elmorte @mrp1nk thanks +1 for all your help, time to smoke a joint and look in my crystal ball lol, talk later guys happy trading [2016-06-04 11:41:26] mrp1nk : Mr Blue: you're welcome. hehe, crypto is so full of stoners [2016-06-04 11:44:43] Mr Blue : mrp1nk: could be because we're more open minded and conform less to been free range slaves lol, could also be the number of good Cannabis seed sites that accept Bitcoin, I recommend pickandmixseeds.co.uk [2016-06-04 11:45:14] elmorte : Peace @Mr Blue [2016-06-04 11:45:44] mrp1nk : hehe, not sure about the former, but the later for sure i a big factor [2016-06-04 11:45:54] mrp1nk : -i [2016-06-04 11:48:24] Mr Blue : elmorte: ? I'll be back talking in few hours, for now I'll just be stalking lol [2016-06-04 12:01:32] BitMEX_Wally : Funding is now charged every 8 hours for XBTUSD. So rather than paying 0.075% in 24 hours, it is 0.025% in 8 hours [2016-06-04 12:08:34] BTCDJS : BitMEX_Wally: have withdrawals been processed yet mate? [2016-06-04 12:14:15] gustavo7 : hi, is XBU gone? [2016-06-04 12:21:35] BitMEX_Wally : BTCDJS: 1 hour to go :) [2016-06-04 12:31:51] BitMEX_Wally : gustavo7: XBU7D is gone but XBTUSD is an inverse style contract [2016-06-04 12:36:38] gustavo7 : BitMEX_Wally: ah i see, so if i'm short 1x i can't loose much but fees [2016-06-04 12:37:29] BitMEX_Wally : Yes, if you are short 1x your liquidation price is Infinity [2016-06-04 12:37:45] BitMEX_Wally : And you will earn the funding rate too [2016-06-04 12:42:25] BTCDJS : BitMEX_Wally: thanks bud [2016-06-04 12:43:15] gustavo7 : cool sounds even better than before, cuz i liked to be hedged when i'm not "playing" [2016-06-04 12:46:46] Juba : when there is only market maker in the books, how does the price move, and how do you calculate it [2016-06-04 12:47:26] keroub : lol [2016-06-04 12:48:07] keroub : it moves as the combination of different strategies of different market maker make it move [2016-06-04 12:48:47] keroub : you calculate it by knowing each market making and the details of their strategies [2016-06-04 12:49:04] keroub : all this in realtime of course [2016-06-04 12:49:04] Juba : ... [2016-06-04 12:50:19] Juba : I didnt ask a stupid question to get a stupid answer. I asked it to get a response for one of the bitmex guys [2016-06-04 12:50:51] vbmithr : I doubt they have a better answer [2016-06-04 12:51:50] vbmithr : also, there is never "only" market makers in the book [2016-06-04 12:51:56] vbmithr : you can be a trader and put a limit order [2016-06-04 12:52:12] vbmithr : that makes you a temporary market maker since you provide liquidity [2016-06-04 12:52:23] Juba : the can be "only" yes [2016-06-04 12:53:20] BitMEX_Wally : If there were only market makers in the order books and no-one trading then the price would just track the underlying index price [2016-06-04 12:53:53] Juba : thx wally :) [2016-06-04 12:54:08] vbmithr : but then how comes that sometimes the price gets off-track [2016-06-04 12:54:12] vbmithr : like trades higher [2016-06-04 13:05:26] sleger : because it's organic [2016-06-04 13:06:20] vbmithr : interesting [2016-06-04 13:09:01] sleger : organic stuff is always more expensive [2016-06-04 13:24:54] huangyong : 管理员,就是提现,提比特币的地址,能不能做一个地址簿? 每次都要输入地址,很麻烦的,而且担心出错。我建议设置一个认证地址,设置好之后以后选择可以直接提现 [2016-06-04 13:30:58] vbmithr : haha [2016-06-04 14:03:50] jesperf : huangyong: I don't think they want an address book because of security issues. Someone could gain access to your account and change your address without you noticing. [2016-06-04 14:12:22] huangyong : jesperf: 设置安全地址和修改安全地址,需要google验证码就可以了,或者需要邮件确认就可了,这样别人就不能修改你的安全地址 [2016-06-04 14:45:27] sam : what's the difference between unrealised PNL and realised PNL? [2016-06-04 14:46:48] sleger : "un" [2016-06-04 14:47:34] ggwp : :D [2016-06-04 14:47:52] ggwp : sleger knows his stuff [2016-06-04 14:50:16] sam : gooddd, that was so bad [2016-06-04 14:54:54] sleger : cant you just try google first ? [2016-06-04 15:03:06] rapidtrades : who's long/short? [2016-06-04 15:05:39] ggwp : I'm flat, just like your mom ;D [2016-06-04 15:05:50] ggwp : jk [2016-06-04 15:06:03] ggwp : not divulging my secrets [2016-06-04 15:06:50] sleger : having a position is a secret now... [2016-06-04 15:15:35] rapidtrades : I dunno what's funnier, the fact that he thinks his opinion is valuable to be classified as a ''secret'' or his delusion that others feel the same [2016-06-04 15:16:55] sq : ggwp: I'm flat, just like your mom ? [2016-06-04 15:16:56] sq : HAHAHAHA [2016-06-04 15:22:26] BTCDJS : rapidtrades: I'm long since 574.20 [2016-06-04 15:23:29] BTCDJS : rapidtrades: you think we gonna go to 610? I'm in London trading on my phone. Just want to know what you think [2016-06-04 15:24:08] Tulsene : BTCDJS: bitcoin gonna die, like the 100th last time :troll: [2016-06-04 15:24:15] BTCDJS : weekend away with the lads mate. Drinking and what not [2016-06-04 15:24:30] Tulsene : keep drinking ;) [2016-06-04 15:24:59] rapidtrades : BTCDJS: i mean 610 is more likely then say 540 [2016-06-04 15:25:21] rapidtrades : i usually don't trade with targets [2016-06-04 15:25:22] Tulsene : you still short rapidtrades? [2016-06-04 15:25:33] rapidtrades : i was never short dumbass [2016-06-04 15:25:40] Tulsene : mb [2016-06-04 15:25:42] Tulsene : I thought [2016-06-04 15:26:00] rapidtrades : oh im short here yes, not overall though [2016-06-04 15:26:04] Tulsene : you removed your real name from leaderbord? [2016-06-04 15:26:19] BTCDJS : rapidtrades: well I traded with targets while out last night and made profit to pay for London [2016-06-04 15:26:20] rapidtrades : u prolly heard me bitching earlier about high prices:) [2016-06-04 15:26:46] Tulsene : not at all, you did so? [2016-06-04 15:27:23] rapidtrades : it was low prices actually...my brain's not here [2016-06-04 15:29:28] BTCDJS : rapidtrades: yeah probs not a good time to long I don't think. I'll probably just close while I'm up. Damage control [2016-06-04 15:30:07] rapidtrades : i'm still long lol...i just shifted from here [2016-06-04 15:32:39] BTCDJS : rapidtrades: fuck it mate. I'm drunk. I'm up. I've got an ACDC concert to attend. I'll just close here so I can enjoy my night. Thanks ? [2016-06-04 15:33:47] rapidtrades : can u believe these people? i have shit to do, i'll just close my trade [2016-06-04 15:34:04] BTCDJS : rapidtrades: lol [2016-06-04 15:34:14] BTCDJS : not trading drunk [2016-06-04 15:34:40] rapidtrades : BTCDJS: yeah that's prolly for the best [2016-06-04 15:35:13] BTCDJS : Anyway catch you guys later [2016-06-04 15:35:23] Mr Blue : BTCDJS: cya [2016-06-04 15:38:37] rapidtrades : BTCDJS: bye :) [2016-06-04 15:38:54] rapidtrades : i didn't know ACDC were still alive [2016-06-04 15:40:15] rapidtrades : lol if u look up their ages on wikipedia, 61, 59, 66 and 69 [2016-06-04 15:40:36] rapidtrades : so they wont be going for much longer [2016-06-04 15:40:49] BTCDJS : rapidtrades: may be the last tour. I can say I was there [2016-06-04 15:41:26] BTCDJS : still rocking though. Better than anything current right now [2016-06-04 15:42:31] rapidtrades : better see them while they're still alive [2016-06-04 15:47:05] rapidtrades : noone else wants to share his position? net long/short? [2016-06-04 15:53:09] ggwp : I'm short [2016-06-04 15:53:10] mrp1nk : flat, waiting to go long @rapidtrades [2016-06-04 15:54:58] rapidtrades : ggwp: :) [2016-06-04 15:55:35] ggwp : can't see the emoticon [2016-06-04 16:25:57] rapidtrades : ggwp: it's a jew hugging a shekel [2016-06-04 16:26:29] rapidtrades : btw do u remember that altcoin? it had that exact logo, no joke [2016-06-04 16:27:00] rapidtrades : they later changed it cos everything have to be PC these days :( [2016-06-04 16:28:13] ggwp : hehehe [2016-06-04 16:28:21] ggwp : no clue what that alt was [2016-06-04 16:28:36] ggwp : I seem to have a vague memory of it but.. [2016-06-04 16:28:52] rapidtrades : https://bitcointalk.org/index.php?topic=394123.0 [2016-06-04 16:31:38] REKT : Liquidated long on `XBTUSD`: Sell 4159 @ 570.54 [2016-06-04 16:35:58] ggwp : hahahaha [2016-06-04 16:49:48] oomdwmvhrmtihsughzgd : i did not cancel my orders. I just logged in and all my order including my open position are gone [2016-06-04 16:50:44] oomdwmvhrmtihsughzgd : my orders weren't hit. why are they removed? [2016-06-04 16:55:37] Mr Blue : Computer said no [2016-06-04 16:56:13] Mr Blue : oomdwmvhrmtihsughzgd: O.j mate, if you didn't get liquidated I'd message support [2016-06-04 16:58:12] ggwp : they were orders [2016-06-04 16:58:18] ggwp : not open positions [2016-06-04 16:58:41] mrp1nk : oomdwmvhrmtihsughzgd: did you have 4159 contracts open? ^^ [2016-06-04 16:59:20] Mr Blue : True [2016-06-04 17:00:05] BitMEX_Wally : oomdwmvhrmtihsughzgd: If you have cross margin enabled and a position is about to be liquidated then we cancel open orders to free up margin [2016-06-04 17:00:26] BitMEX_Wally : If you look in your Order History and hover over the 'Canceled' status it will give the full message [2016-06-04 17:00:37] BitMEX_Wally : For example 'Canceled: Position is in liquidation Submission from www.bitmex.com' [2016-06-04 17:01:57] oomdwmvhrmtihsughzgd : but basicly i wanted those orders to be picked up if my position got liquidated [2016-06-04 17:04:29] BitMEX_Wally : When a position is liquidated all open orders for that symbol are canceled [2016-06-04 17:04:42] BitMEX_Wally : This is in case you had other orders open to close it out [2016-06-04 17:05:21] oomdwmvhrmtihsughzgd : ok. i kind of get it, but it's not how I would want it [2016-06-04 17:05:38] oomdwmvhrmtihsughzgd : or at least I planned differently [2016-06-04 17:05:46] oomdwmvhrmtihsughzgd : and now i don't know how to set up my trade [2016-06-04 17:06:07] oomdwmvhrmtihsughzgd : it forces me to do it with a bot [2016-06-04 17:06:23] BitMEX_Wally : You could use a Stop order [2016-06-04 17:06:34] BitMEX_Wally : To stop sell if the price drops [2016-06-04 17:07:06] oomdwmvhrmtihsughzgd : should I be able to find this in the documentation? [2016-06-04 17:07:37] BitMEX_Wally : https://www.bitmex.com/app/orderTypeFAQ [2016-06-04 17:07:45] oomdwmvhrmtihsughzgd : no i dont want a stop order [2016-06-04 17:07:59] oomdwmvhrmtihsughzgd : i just had an order way below my liquidation price [2016-06-04 17:08:08] oomdwmvhrmtihsughzgd : that order has no reason to be removed [2016-06-04 17:08:16] oomdwmvhrmtihsughzgd : a stop order wouldn't help me [2016-06-04 17:08:33] BitMEX_Wally : A stop order would stop you being liquidated by closing the position before liquidation [2016-06-04 17:08:40] BitMEX_Wally : You would't lose as much that way [2016-06-04 17:08:44] oomdwmvhrmtihsughzgd : ah ok [2016-06-04 17:08:49] BitMEX_Wally : Then your other orders would have remained open [2016-06-04 17:08:56] oomdwmvhrmtihsughzgd : ok thank you [2016-06-04 17:09:12] oomdwmvhrmtihsughzgd : that sounds good [2016-06-04 17:09:39] BitMEX_Wally : Cool, let us know if you have any questions [2016-06-04 17:11:34] mrp1nk : BitMEX_Wally: does it work if i put a stop order 1 cent above the liquidation price? [2016-06-04 17:12:30] BitMEX_Wally : The mark price might move 10 cents in 1 ticket [2016-06-04 17:12:47] BitMEX_Wally : And liquidations happen immediately [2016-06-04 17:13:02] BitMEX_Wally : So I would recommend you put the stop price 25 cents above your liquidation price [2016-06-04 17:13:50] mrp1nk : ok, thx [2016-06-04 17:39:35] elmorte : @rapidtrades I'm short here, long spot...tiny arbitrage if I close it carefully [2016-06-04 17:40:03] elmorte : Btw, the sheckel coin...cracked me up [2016-06-04 17:40:28] elmorte : And @Mr Blue 's Computer said no [2016-06-04 17:41:36] elmorte : Turns out the strategy I'm following is what Arthur wrote about in one of the emails when they first introduced funding [2016-06-04 17:43:22] IChTj4OeMavRq6qeIyEb : elmorte: Ah, the strategy to collect funding interest fees? [2016-06-04 17:43:34] elmorte : Yup [2016-06-04 17:43:53] elmorte : Atm it's something like 30% pa [2016-06-04 17:45:32] IChTj4OeMavRq6qeIyEb : elmorte: Yes, very close. Great returns if you can make it work [2016-06-04 17:45:51] elmorte : Great success! [2016-06-04 17:46:02] IChTj4OeMavRq6qeIyEb : I would definitely do it if I had more money that wasn't in bitcoin haha [2016-06-04 17:47:20] IChTj4OeMavRq6qeIyEb : Although I'd probably just buy bitcoin with that too and not short. The higher gains are too tempting [2016-06-04 17:47:25] IChTj4OeMavRq6qeIyEb : *potential gains [2016-06-04 17:47:28] elmorte : Oh, I was "lucky" to liquidate a significant portion on finex at 530...spot went to 570 and I was clueless as to wtf to do [2016-06-04 17:47:52] elmorte : Yeah bud, but every big pump has been followed by a big dump [2016-06-04 17:48:26] elmorte : I want mentally prepared to take another hit....buy in at 570 and wake up to 530 [2016-06-04 17:48:34] elmorte : Wasn't [2016-06-04 17:48:43] elmorte : So I hedged [2016-06-04 17:48:58] elmorte : With tiny arbitrage, like 4$ [2016-06-04 17:49:34] elmorte : Thinking if walls come crumbling down, bitmex premium will turn to discount [2016-06-04 17:49:59] elmorte : Then I had a possible arb of 4-8$ [2016-06-04 17:50:49] elmorte : Then I read Arthur's email again and realized I could just let this ecosystem be for a while.... [2016-06-04 17:51:46] elmorte : If you follow, I'm a bit lazy/hazy with words [2016-06-04 17:51:51] IChTj4OeMavRq6qeIyEb : elmorte: makes sense. If I wanted to forget about the price for a while I'd probably do something similar [2016-06-04 17:54:11] elmorte : Yeah...Wasn't mentally ready for the swings [2016-06-04 17:58:55] elmorte : Admins, is there back data to calculate the historical funding rate over a longer term period? [2016-06-04 18:03:07] BitMEX_Sam : elmorte: What we have is in https://www.bitmex.com/app/index/.XBTBON [2016-06-04 18:03:15] BitMEX_Sam : Beyond that you would have to query BFX directly [2016-06-04 18:03:55] esuvari : is it possible to set a stop loss to a limit order after it's filled? [2016-06-04 18:05:39] ButchPooch : What's the difference between unrealized PNL and realizes PNL? [2016-06-04 18:06:26] esuvari : BitMEX_Sam: is it possible to set a stop loss to a limit order after it's filled? [2016-06-04 18:06:38] BitMEX_Sam : esuvari: I'm not sure what you mean [2016-06-04 18:06:43] ggwp : ButchPooch: ask sleger [2016-06-04 18:06:45] BitMEX_Sam : Ah you're talking about a trigger order. [2016-06-04 18:07:03] BitMEX_Sam : We support trigger orders via the API but not yet in the UI. [2016-06-04 18:07:22] esuvari : yes, I gave a regular limit order. it's filled. but I want to assign a stop loss to it. [2016-06-04 18:07:34] BitMEX_Sam : esuvari: Just open a stop limit order for the same quantity. [2016-06-04 18:07:57] esuvari : wouldn't that open a new position? [2016-06-04 18:08:22] BitMEX_Sam : ButchPooch: Typically unrealized PNL is PNL on open positions, and realized is that on closed or the reduced segment of a position; because of https://www.bitmex.com/app/dynamicProfitEqualisation profit remains unrealized until the daily/weekly rebalance [2016-06-04 18:08:33] esuvari : oh apparently not. ok then, thank you. [2016-06-04 18:08:40] BitMEX_Sam : esuvari: No, BitMEX does positioning the normal way - you cannot have multiple positions per contract, they net [2016-06-04 18:09:17] BitMEX_Sam : On many crypto platforms if you buy 10 and sell 5, you have two positions, +10 and -5 - here on BitMEX you would just have one for +5 [2016-06-04 18:09:44] elmorte : BitMEX_Sam: thanks. So their API would have the historical data beyond the last 100 min? [2016-06-04 18:10:04] BitMEX_Sam : elmorte: Possibly - I'm not sure of their historical availability. You may have to do some digging [2016-06-04 18:10:08] BitMEX_Sam : You can get much more than the last 100 min from our API. [2016-06-04 18:10:54] BitMEX_Sam : elmorte: I would recommend a query like https://www.bitmex.com/api/v1/trade/bucketed?binSize=1h&symbol=.USDBON&count=100&start=0&reverse=true [2016-06-04 18:11:02] BitMEX_Sam : See https://www.bitmex.com/api/explorer/#!/Trade/Trade_getBucketed for documentation on that. [2016-06-04 18:11:39] elmorte : Mah man! Another three fiddy for ya. Cheers bud [2016-06-04 18:19:02] elmorte : BitMEX_Sam: was it a pain in the ass implementing new coin pairs, or you already got the templates sorted? [2016-06-04 18:19:23] BitMEX_Sam : Yeah it's all templated out. It takes a minimum amount of time now [2016-06-04 18:20:45] elmorte : Way to go. Do you have MM bot for each though? Do they require adjustments? [2016-06-04 18:45:31] Mr Blue : So if we have positive ROE at 8pm we get something? Or fee taken out? [2016-06-04 18:47:23] mrp1nk : BitMEX_Sam: it would be really nice if you could add the liquidation price as well as the possibility to adjust the leverage in the calculator [2016-06-04 18:47:48] IChTj4OeMavRq6qeIyEb : Mr Blue: Rebalance is still 24 hours only. Funding has changed to be every 8 hours. In an hour and 13 minutes, if you have a long position open, you will pay .025% of its value. If you have a short position open, you will earn .025% of its value. [2016-06-04 18:48:23] Mr Blue : IChTj4OeMavRq6qeIyEb: thanks mate [2016-06-04 18:49:17] Mr Blue : mrp1nk: I can't downgrade x as all in but I've worked out what's going on now mate [2016-06-04 18:50:37] Mr Blue : mrp1nk: liquidation = $548 I paid average 568.80 [2016-06-04 18:51:59] Mr Blue : Was x25, started at x10 and built up as had to buy more as price dropped to lower my average price [2016-06-04 18:54:13] IChTj4OeMavRq6qeIyEb : Mr Blue: Nice position. Just took a small short in case we head lower again but I like your trade better [2016-06-04 18:54:44] Mr Blue : IChTj4OeMavRq6qeIyEb: I've already took profit ? [2016-06-04 18:54:52] IChTj4OeMavRq6qeIyEb : Mr Blue: excellent :) [2016-06-04 18:55:17] IChTj4OeMavRq6qeIyEb : I was in a similar position myself [2016-06-04 18:55:19] Mr Blue : IChTj4OeMavRq6qeIyEb: had 35000 only 11000 left to sell [2016-06-04 18:55:30] IChTj4OeMavRq6qeIyEb : Mr Blue: wow that's a big position [2016-06-04 18:55:43] IChTj4OeMavRq6qeIyEb : I try not to go over 10000 and never over 20000 [2016-06-04 18:55:50] Mr Blue : Not sure what way it's going so sold majority at a profit [2016-06-04 18:56:40] Mr Blue : IChTj4OeMavRq6qeIyEb: ye but when price dropped, I had to go x25 to lower my average entry price, worked out well [2016-06-04 18:56:50] IChTj4OeMavRq6qeIyEb : Mr Blue: good call I think. I guess it's not a ridiculously large position, I just don't have a large balance so that would be a lot of leverage for me [2016-06-04 18:57:11] IChTj4OeMavRq6qeIyEb : Mr Blue: Yes I did the same the other day and it worked very nicely, but it can easily go the other way too haha [2016-06-04 18:57:27] Mr Blue : IChTj4OeMavRq6qeIyEb: true lol [2016-06-04 18:57:57] IChTj4OeMavRq6qeIyEb : Mr Blue: like my short right now. Not a big deal since it's small, but I'm likely to give up on it soon [2016-06-04 18:58:39] Mr Blue : IChTj4OeMavRq6qeIyEb: profit is profit mate [2016-06-04 18:58:54] IChTj4OeMavRq6qeIyEb : Mr Blue: yes and it's not in profit haha [2016-06-04 18:59:22] Mr Blue : IChTj4OeMavRq6qeIyEb: ?? What was your buy price? [2016-06-04 18:59:41] IChTj4OeMavRq6qeIyEb : 572.11 average, short [2016-06-04 18:59:43] Mr Blue : IChTj4OeMavRq6qeIyEb: I think we'll touch 580 again tonight [2016-06-04 19:00:06] IChTj4OeMavRq6qeIyEb : Mr Blue: we very well could, in which case I don't want to be short [2016-06-04 19:00:13] Mr Blue : IChTj4OeMavRq6qeIyEb: if your only in a x10 or x5 I'd wait it out [2016-06-04 19:00:33] IChTj4OeMavRq6qeIyEb : 5x almost exactly. I'll give it a few more minutes and see what happens [2016-06-04 19:00:50] IChTj4OeMavRq6qeIyEb : China is at resistance now [2016-06-04 19:01:23] IChTj4OeMavRq6qeIyEb : And it's looking better again :) [2016-06-04 19:01:56] Mr Blue : IChTj4OeMavRq6qeIyEb: China looks clear to 590 if a baby whale wanted to push [2016-06-04 19:02:00] IChTj4OeMavRq6qeIyEb : Not that I really want the price to drop because my short doesn't come close to hedging my cold storage, but that's ok. I don't think we've seen the last of 580-590 [2016-06-04 19:02:33] IChTj4OeMavRq6qeIyEb : Mr Blue: perhaps. We'll see [2016-06-04 19:03:14] Mr Blue : IChTj4OeMavRq6qeIyEb: that we will mate, brb smoke brake [2016-06-04 19:07:02] rapidtrades : how much do u risk per trade fellas? from ur total risk capital? [2016-06-04 19:08:24] IChTj4OeMavRq6qeIyEb : rapidtrades: I'm trading with about 3% of my cold storage BTC and I try to never use more than 20x leverage. Usually 5x or 10x [2016-06-04 19:08:54] Mr Blue : rapidtrades: sometimes 100% of what I'm holding here so far lol, the money is too tempting, but I only deposited 2 BTC nearly at 4 ? [2016-06-04 19:10:23] IChTj4OeMavRq6qeIyEb : Mr Blue: very nice. I'm up 69% on what I deposited, although this is the second or third time that's happened before I've lost it all haha [2016-06-04 19:10:30] IChTj4OeMavRq6qeIyEb : Always made it back though [2016-06-04 19:11:20] sleger : survivorship bias [2016-06-04 19:12:24] Mr Blue : IChTj4OeMavRq6qeIyEb: if needed I can always double down, but once I'm at 4 BTC I might withdraw 2 so in effect I'll be playing with free money and only been here 4 days lol [2016-06-04 19:12:26] IChTj4OeMavRq6qeIyEb : sleger: yes I'm aware haha [2016-06-04 19:12:49] IChTj4OeMavRq6qeIyEb : Mr Blue: That's a smart plan. I will do the same [2016-06-04 19:13:02] Mr Blue : IChTj4OeMavRq6qeIyEb: glad you earned back your cash mate, haha cool [2016-06-04 19:13:13] IChTj4OeMavRq6qeIyEb : Mr Blue: 3 times haha [2016-06-04 19:13:32] IChTj4OeMavRq6qeIyEb : Means I should be more consistent [2016-06-04 19:13:55] rapidtrades : IChTj4OeMavRq6qeIyEb: how are u gonna do that? [2016-06-04 19:14:17] IChTj4OeMavRq6qeIyEb : rapidtrades: cut losses sooner. let winners ride longer [2016-06-04 19:14:26] IChTj4OeMavRq6qeIyEb : don't go overboard on leverage [2016-06-04 19:16:29] rapidtrades : sounds good [2016-06-04 19:17:12] IChTj4OeMavRq6qeIyEb : rapidtrades: easier said than done but that's my plan [2016-06-04 19:18:15] Mr Blue : IChTj4OeMavRq6qeIyEb: only cut losses as last resort, if only x5 an x10 you should be okay in a bull market [2016-06-04 19:18:49] Mr Blue : I'd rather buy more lower than cut losses [2016-06-04 19:18:49] IChTj4OeMavRq6qeIyEb : Mr Blue: Yes that's similar to the other lesson I just relearned. Don't be too eager to short in a bull market [2016-06-04 19:19:03] Mr Blue : IChTj4OeMavRq6qeIyEb: lol [2016-06-04 19:21:21] REKT : Liquidated long on `ETHXBT`: Sell 196 @ 0.02396 [2016-06-04 19:22:14] rapidtrades : did we ever trade at discount here today? during that mini-dump earlier? [2016-06-04 19:22:31] Mr Blue : Btc-e is green lighting the way for more advances, even though it's always behind its making a push,, haha guess I also sold early, but a profit is a profit lol [2016-06-04 19:23:01] IChTj4OeMavRq6qeIyEb : Mr Blue: are you completely out of your long now? [2016-06-04 19:23:06] Mr Blue : rapidtrades: yes discount was like 567 [2016-06-04 19:23:15] rapidtrades : 567 is no discount [2016-06-04 19:23:31] Mr Blue : IChTj4OeMavRq6qeIyEb: no but only 4600 left [2016-06-04 19:23:56] Mr Blue : rapidtrades: 15.55% ROE [2016-06-04 19:24:10] rapidtrades : we hit 562 on okc [2016-06-04 19:24:21] IChTj4OeMavRq6qeIyEb : Mr Blue: good. less competition for orders to sell into to close this long ;) [2016-06-04 19:24:27] rapidtrades : btw okc spot hit 603 earlier today, smone panic bought 300 btc [2016-06-04 19:24:51] rapidtrades : idk if it was margin call or smone thought it was bitfinex lol [2016-06-04 19:25:11] Mr Blue : rapidtrades: ye I seen that [2016-06-04 19:26:25] IChTj4OeMavRq6qeIyEb : And I'm out. 78% profit [2016-06-04 19:26:42] rapidtrades : we're not done yet [2016-06-04 19:27:12] IChTj4OeMavRq6qeIyEb : rapidtrades: I think we're taking a break for a bit, and also I want to go outside and can't babysit my trade [2016-06-04 19:27:36] rapidtrades : can u believe these ppl man? [2016-06-04 19:27:50] ggwp : you guy sbetting on more down? [2016-06-04 19:27:58] rapidtrades : there's like <5 ppl that take this seriously [2016-06-04 19:28:04] rapidtrades : in this chat [2016-06-04 19:28:36] IChTj4OeMavRq6qeIyEb : I'm still plenty long cold storage wise, so it's all good if it goes up more :) [2016-06-04 19:29:00] IChTj4OeMavRq6qeIyEb : Good strong retrace though [2016-06-04 19:29:07] Mr Blue : rapidtrades: I have Ferengi blood I'll stay up all night to chance a profit once in a position lol [2016-06-04 19:29:10] ggwp : more com [2016-06-04 19:29:14] ggwp : more comingthird leg down possible imo [2016-06-04 19:29:45] IChTj4OeMavRq6qeIyEb : ggwp: After a full retrace of the last leg down? I seriously doubt it [2016-06-04 19:30:21] ggwp : on 0 volu [2016-06-04 19:30:23] ggwp : me [2016-06-04 19:30:38] ggwp : both china and finex [2016-06-04 19:30:44] ggwp : mostl [2016-06-04 19:30:49] ggwp : dammit [2016-06-04 19:30:55] IChTj4OeMavRq6qeIyEb : ggwp: Zero volume? I saw several 100-500 coin buys on finex [2016-06-04 19:31:22] IChTj4OeMavRq6qeIyEb : I know that's not huge but it's something [2016-06-04 19:31:26] IChTj4OeMavRq6qeIyEb : We shall see [2016-06-04 19:31:33] ggwp : yes, we shall [2016-06-04 19:31:34] Mr Blue : Ferengi Rules of Acquisition [2016-06-04 19:31:37] IChTj4OeMavRq6qeIyEb : Sure glad I got ot of my long where I did [2016-06-04 19:31:43] Mr Blue : Rule number 1 [2016-06-04 19:32:01] Mr Blue : Once you have their money,, you never give it bac [2016-06-04 19:32:21] IChTj4OeMavRq6qeIyEb : Mr Blue: easier said than done [2016-06-04 19:33:11] IChTj4OeMavRq6qeIyEb : Someone take away my charts and make me go outside [2016-06-04 19:33:44] Mr Blue : Rule number two, The best deal is the one that makes the most profit. [2016-06-04 19:34:00] rapidtrades : at least get rid of this premium.... [2016-06-04 19:35:11] mrp1nk : the premium is a mystery, but still it got a lot better (smaller) [2016-06-04 19:35:19] IChTj4OeMavRq6qeIyEb : rapidtrades: only a $3 premium, much better than $10 a week back [2016-06-04 19:36:06] ggwp : there we go [2016-06-04 19:36:10] ggwp : told you guys [2016-06-04 19:36:32] ggwp : that retrace was bs [2016-06-04 19:37:11] IChTj4OeMavRq6qeIyEb : ggwp: yes it was, back up now ;) [2016-06-04 19:38:29] rapidtrades : we're only up here tho [2016-06-04 19:38:54] ggwp : look at all the empty space below us [2016-06-04 19:39:02] ggwp : it's like a void [2016-06-04 19:39:06] ggwp : very inviting [2016-06-04 19:39:22] rapidtrades : that's just ur imagination [2016-06-04 19:39:32] IChTj4OeMavRq6qeIyEb : ggwp: might have been 2 years ago, now I don't think so [2016-06-04 19:39:53] IChTj4OeMavRq6qeIyEb : I see lots of empty space above us [2016-06-04 19:39:57] IChTj4OeMavRq6qeIyEb : It's like a void [2016-06-04 19:40:02] IChTj4OeMavRq6qeIyEb : very inviting [2016-06-04 19:40:26] rapidtrades : gambler has a point ^^^ [2016-06-04 19:41:27] IChTj4OeMavRq6qeIyEb : rapidtrades: me? gambler? ok I admit it [2016-06-04 19:42:47] ggwp : lol I'm just messing [2016-06-04 19:43:33] IChTj4OeMavRq6qeIyEb : ggwp: we all are. except for rapidtrades. he's a very serious man [2016-06-04 19:44:09] rapidtrades : IChTj4OeMavRq6qeIyEb: have u met sleger? [2016-06-04 19:44:26] IChTj4OeMavRq6qeIyEb : rapidtrades: touché [2016-06-04 19:44:30] Mr Blue : Interesting, some how btc-e is pushing this advance from behind at the moment [2016-06-04 19:44:48] rapidtrades : btc-e is just making up lost ground [2016-06-04 19:44:50] Mr Blue : I guess people think when it moves has meaning [2016-06-04 19:45:07] IChTj4OeMavRq6qeIyEb : rapidtrades: yes I agree. I wouldn't be watching BTC-e for signals [2016-06-04 19:45:09] rapidtrades : we're still $10 below other exchanges [2016-06-04 19:45:47] Mr Blue : rapidtrades: probably but it is always behind spot [2016-06-04 19:45:54] ggwp : any women here? [2016-06-04 19:46:14] Mr Blue : http://bitcoincharts.com/markets/currency/USD.html [2016-06-04 19:46:39] rapidtrades : ggwp: no women allowed [2016-06-04 19:47:09] Mr Blue : Only one with green candal prob just making up lost group as you say, but it started just before dump retracted [2016-06-04 19:47:37] ggwp : y? [2016-06-04 19:48:12] sq : next 20 usd up or down? [2016-06-04 19:48:37] rapidtrades : up [2016-06-04 19:49:09] ggwp : pls no troll [2016-06-04 19:49:12] ggwp : :O [2016-06-04 19:49:15] Mr Blue : Confidence of $600 maybe, and the girls will come once we're all millionaire ? actually I know a few girls in crypto already [2016-06-04 19:49:47] rapidtrades : i knew a few women that used to be men, do they count? [2016-06-04 19:51:35] rapidtrades : a down move that doesn't give you a discount is the worth kind of move [2016-06-04 19:51:49] ggwp : you're like 4chan away from 4chan [2016-06-04 19:52:43] IChTj4OeMavRq6qeIyEb : rapidtrades: bullish sign though, yes? [2016-06-04 19:53:42] rapidtrades : idk, talking about here [2016-06-04 19:53:59] IChTj4OeMavRq6qeIyEb : rapidtrades: oh ok [2016-06-04 20:07:27] IChTj4OeMavRq6qeIyEb : 81%. I'm headed out. Catch you all later [2016-06-04 20:08:04] Mr Blue : IChTj4OeMavRq6qeIyEb: cya [2016-06-04 20:13:47] ggwp : what's huobi [2016-06-04 20:13:54] ggwp : :D [2016-06-04 20:15:39] Mr Blue : Just dipped my self back in the market, 2000 shares at 573.95 [2016-06-04 20:15:59] Mr Blue : Now 4000 lol [2016-06-04 20:16:44] Mr Blue : Enter lowered to 573.93 [2016-06-04 20:18:54] ggwp : u so sure it's going up? [2016-06-04 20:19:42] Mr Blue : ggwp: no but if it goes lower I'll buy more ? [2016-06-04 20:19:51] ggwp : rising wedge is being built as we speak [2016-06-04 20:20:00] Mr Blue : ggwp: only using x10 at the moment [2016-06-04 20:20:49] ggwp : we have risen over 140 usd in the past week or so, I would not long here, not ebven for a scalp [2016-06-04 20:20:58] ggwp : but that's just me [2016-06-04 20:21:17] Mr Blue : ggwp: that's why I keep my eyes on the markets [2016-06-04 20:21:52] ggwp : 550 is bottom imo [2016-06-04 20:22:00] ggwp : local ofc [2016-06-04 20:23:05] Mr Blue : ggwp: I'm thinking one of the exchanges might push $600 tonight, but ye I know a $100 drop in price could easy happen [2016-06-04 20:23:48] ggwp : then why long? that's bad r/r from my pov [2016-06-04 20:24:35] ggwp : no offense [2016-06-04 20:24:55] Mr Blue : ggwp: I'm not long, I take profits rather early lol, if it drops in price then I'll be long but will try mitigate it by buying more shares [2016-06-04 20:25:58] ggwp : you bought yet you're not long? [2016-06-04 20:26:05] Mr Blue : ggwp: I'm long holding Bitcoin ? but try do quick in and out trades for more BTC profit [2016-06-04 20:26:26] Mr Blue : Don't like been stuck long [2016-06-04 20:26:37] ggwp : dude I think you need to look up what long and short means [2016-06-04 20:26:57] Mr Blue : ggwp: possibly lol [2016-06-04 20:27:02] ggwp : :) [2016-06-04 20:27:28] ggwp : are you fairly new to tradin [2016-06-04 20:27:33] sq : lol [2016-06-04 20:28:16] Mr Blue : I'm a crypto pump / dumper that's how I learned trading, and I do rather well If I do say so my self, but always happy to learn mate [2016-06-04 20:30:10] ggwp : buying and selling spot is a bit different than leveraged [2016-06-04 20:30:37] ggwp : long doesn't necessarily mean you're holding the position for a long time man [2016-06-04 20:30:43] ggwp : same with short [2016-06-04 20:30:48] ggwp : please read up [2016-06-04 20:30:59] ggwp : hard to mess up with p&ds [2016-06-04 20:31:09] ggwp : easy to mess up and get rekt with leverage [2016-06-04 20:31:31] ggwp : babypips, investopedia [2016-06-04 20:35:40] Mr Blue : ggwp: just looked and I was pretty much correct, like I said I'm long on Bitcoin as I believe price will increase, but I'm as short as you can come with these dollar tokens, if I see a Bitcoin profit I'll accept it, normally too early and I miss out lol [2016-06-04 20:36:44] ggwp : alright man, just don't get rekt [2016-06-04 20:36:48] ggwp : ;) [2016-06-04 20:36:57] Mr Blue : Like now I might just take profit on these 4000 I just got lol [2016-06-04 20:37:12] ggwp : that's super quick [2016-06-04 20:37:46] ggwp : a good addage: cut your losers short, let your winners run [2016-06-04 20:39:41] Mr Blue : ggwp: I'm letting it run at the moment, but don't want to buy more unless coin base hits 580, if not typing I'm watching the live prices lol back soon guys [2016-06-04 20:40:43] ggwp : alright gl [2016-06-04 20:42:19] Mr Blue : Just sold at 577 I'll prob regret it but got in at 573.93 [2016-06-04 20:43:13] sq : nut bad [2016-06-04 20:43:31] sq : u do a lot of short term trades? [2016-06-04 20:43:32] Mr Blue : sq: thanks [2016-06-04 20:45:04] Mr Blue : sq: on here only 3 to 4 a day on average, so far = an average of £150 a day on this exchange, loving the leverage [2016-06-04 20:45:21] Mr Blue : £150 profit [2016-06-04 20:45:30] sq : cool [2016-06-04 20:46:00] Mr Blue : But I've missed out on some big ones, so I can see how that average will go up, I'm still noob here [2016-06-04 20:46:36] Mr Blue : sq: or I lose all ? but I don't think I'd let that happen lol [2016-06-04 20:47:03] sq : haha yeh gd luck [2016-06-04 20:48:05] Mr Blue : sq: thanks [2016-06-04 20:49:54] rapidtrades : we're never gonna close this premium are we [2016-06-04 20:50:19] ggwp : annoying, isn't it [2016-06-04 20:50:21] rapidtrades : guess i could've exited at +3 [2016-06-04 20:50:28] rapidtrades : but noooo [2016-06-04 20:51:15] rapidtrades : my liqiudation price says 100000000.00 [2016-06-04 20:51:20] rapidtrades : bug? [2016-06-04 20:51:27] ggwp : lol [2016-06-04 20:56:34] rapidtrades : oh i think i get it....its cos btc value goes up in dollars, it gets impossible to get stopped if ur position is small [2016-06-04 20:56:53] rapidtrades : still seems awfully round.... [2016-06-04 20:59:41] ggwp : we need a healthy retrace [2016-06-04 20:59:46] ggwp : 530-550 [2016-06-04 21:00:01] rapidtrades : I need a retrace like I need a kick in the balls [2016-06-04 21:00:34] sq : retrace like downwardws? [2016-06-04 21:00:40] ggwp : badly? [2016-06-04 21:00:49] rapidtrades : NO [2016-06-04 21:01:00] ggwp : :D [2016-06-04 21:02:08] ggwp : a kick in the balls once in a while does wonders [2016-06-04 21:02:15] ggwp : gets you back to reality [2016-06-04 21:03:30] ggwp : besides if we ever want to see that sweet 1k price we'll need plenty of retrace [2016-06-04 21:03:43] rapidtrades : we already had 2 sharp ones.... [2016-06-04 21:03:49] rapidtrades : +30 today [2016-06-04 21:03:58] rapidtrades : literally hours ago [2016-06-04 21:03:59] ggwp : third leg next [2016-06-04 21:04:07] rapidtrades : that's not how it works [2016-06-04 21:04:11] ggwp : this runup was [2016-06-04 21:04:15] ggwp : bogus [2016-06-04 21:04:21] rapidtrades : another sharp one at these levels and we're as good as dead [2016-06-04 21:04:54] ggwp : https://s3.amazonaws.com/tradingview/snapshots/3/3tLJfj4I.png [2016-06-04 21:07:45] santacruz : why WXY, why not ABC? [2016-06-04 21:08:42] ggwp : it's not mine [2016-06-04 21:09:00] ggwp : go ask chessnut [2016-06-04 21:12:05] santacruz : Anyone else using EWA here? [2016-06-04 21:12:45] Mr Blue : Just got back in, 2000 shares at 573.87 [2016-06-04 21:13:05] rapidtrades : they're not ''shares'' its cold hard USD [2016-06-04 21:13:22] ggwp : not a good idea [2016-06-04 21:13:30] ggwp : you're overtrading [2016-06-04 21:13:44] Mr Blue : Okay well it's 4000 now lol wish me luck guys [2016-06-04 21:13:54] ggwp : but that's none of my business [2016-06-04 21:14:17] rapidtrades : ggwp: he said its only 3% of his stash to whatever...if he doesn't double down its cool [2016-06-04 21:14:34] ggwp : he's basically gambling [2016-06-04 21:15:34] Mr Blue : ggwp: I'll buy more if it goes down more, but got to play the dips [2016-06-04 21:15:51] zanza : did Bitcoin just die ? [2016-06-04 21:15:59] zanza : dropped from 580 to 570 [2016-06-04 21:16:01] rapidtrades : yeah so dead [2016-06-04 21:16:05] zanza : fk [2016-06-04 21:16:11] zanza : im moving to forex [2016-06-04 21:16:30] rapidtrades : idk its been a pretty shitty year for forex [2016-06-04 21:16:39] rapidtrades : low volatility and shit [2016-06-04 21:16:49] zanza : im short SPX [2016-06-04 21:16:52] rapidtrades : and when we get moves its 1 day candles of 300 pips [2016-06-04 21:16:59] rapidtrades : zanza: i'm long :) [2016-06-04 21:17:27] zanza : exit point? [2016-06-04 21:17:44] rapidtrades : u mean stop? [2016-06-04 21:17:51] ggwp : that eur/usd move was crazy oe [2016-06-04 21:17:52] ggwp : doe [2016-06-04 21:18:01] ggwp : <3 [2016-06-04 21:18:16] Mr Blue : Lol this shi is too easy [2016-06-04 21:18:19] rapidtrades : yeah forex is just stupid this year [2016-06-04 21:19:20] ggwp : aka forex is ez this year [2016-06-04 21:20:03] sq : rapidtrades: how long r u