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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[2016-06-04 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
[2016-06-04 21:20:34] Mr Blue : All trading is gambling, but I do think about my actions, it's not a roll of the dice so is trading
[2016-06-04 21:20:39] ggwp : well that's inappropriate
[2016-06-04 21:20:50] rapidtrades : sq: on what? sp500?
[2016-06-04 21:20:51] ggwp : all trading is not gambling
[2016-06-04 21:20:57] sq : lol btc
[2016-06-04 21:21:35] rapidtrades : initial risk was 3-4 percent
[2016-06-04 21:21:50] Mr Blue : ggwp: your taking a bet the stock will increase or decrease, it's practically the same accept with research
[2016-06-04 21:22:03] rapidtrades : I'd rather not disclose my size :)
[2016-06-04 21:22:48] Mr Blue : I sold the 4000 at 575.18
[2016-06-04 21:23:13] ggwp : https://s3.amazonaws.com/tradingview/snapshots/d/DBIbB3x7.png gg longerz
[2016-06-04 21:30:21] ggwp : @BitMEX_Wally are you here?
[2016-06-04 21:30:40] ggwp : is any staff here?
[2016-06-04 21:36:26] Mr Blue : sq: people in the community will always call it BTC, XBT is stupid.
[2016-06-04 21:36:47] ggwp : XBT is official
[2016-06-04 21:39:10] sleger : official people are mostly stupid
[2016-06-04 21:40:24] Mr Blue : ggwp: why due to some governments stock ticker rule? Bitcoin is the stock and to the blockchain it's BTC
[2016-06-04 21:42:18] rapidtrades : plz stop calling it 'stock'
[2016-06-04 21:42:42] rapidtrades : also does anyone remember the sticker for that fund that traded on otc markets
[2016-06-04 21:43:10] rapidtrades : it held btc
[2016-06-04 21:43:32] ggwp : gbtc
[2016-06-04 21:43:33] rapidtrades : http://www.otcmarkets.com/stock/GBTC/quote
[2016-06-04 21:43:47] rapidtrades : lol 88.45
[2016-06-04 21:43:55] ggwp : yeap
[2016-06-04 21:43:59] rapidtrades : that implies a bitcoin price of 884
[2016-06-04 21:44:05] ggwp : no liquidity
[2016-06-04 21:44:09] ggwp : tho
[2016-06-04 21:44:16] ggwp : afaik
[2016-06-04 21:44:31] ggwp : they hold 15k
[2016-06-04 21:44:52] rapidtrades : yeah bid/ask volume is tiny
[2016-06-04 21:46:16] ggwp : why are long on the s&p btw?
[2016-06-04 21:46:32] rapidtrades : because its going up
[2016-06-04 21:47:04] rapidtrades : that's the best reason to be long shit :)
[2016-06-04 21:47:16] ggwp : I think Yellen is o
[2016-06-04 21:47:22] ggwp : out of aces
[2016-06-04 21:47:25] Mr Blue : All I can say to you big time traders, is be careful buying paper crap, specially if it says it's Bitcoin an you can't even send it to a Bitcoin address, ye the stock might follow the Bitcoin price, but it's not real Bitcoin, and if they even do use your money to buy Bitcoin, will just lead to market manipulation
[2016-06-04 21:47:45] ggwp : what
[2016-06-04 21:48:07] Mr Blue : Places like plus500 it's bull shi
[2016-06-04 21:48:08] ggwp : are you high?
[2016-06-04 21:48:16] ggwp : ;)
[2016-06-04 21:48:31] ggwp : plus500 is good for noobs
[2016-06-04 21:48:51] ggwp : they're sorta sketchy t
[2016-06-04 21:48:54] ggwp : though
[2016-06-04 21:49:05] ggwp : but then again 1broker isn't perfect either
[2016-06-04 21:49:05] Mr Blue : ggwp: yes but do they sell real Bitcoin? And why they making out to noobs that it's real
[2016-06-04 21:49:36] ggwp : I think they sell BTC cf
[2016-06-04 21:49:42] ggwp : cfds
[2016-06-04 21:49:49] ggwp : no clue tho
[2016-06-04 21:49:52] Mr Blue : Ye some paper crap lol
[2016-06-04 21:49:55] ggwp : never traded there
[2016-06-04 21:54:57] ggwp : BitMEX_Wally: are you here?
[2016-06-04 21:57:06] Mr Blue : Don't get me wrong though I don't mind trading here it as XBT mainly because I can withdraw as BTC lol, and makes sense from the exchanges point of view if looking to sell for 100 million to goldman sachs, then again they own Circle and still called BTC there, but ye think goldman sachs came up with the idea for XBT ticker, from a quick search
[2016-06-04 21:57:24] Mr Blue : Trading it here*
[2016-06-04 22:00:10] Mr Blue : Not saying that's the end game, but if it was my company, it would be on the table lmao
[2016-06-04 22:18:39] zanza : goldman sachs literally owns bitcoin
[2016-06-04 22:21:28] Mr Blue : zanza: haha they can buy it all the way up to £100,000 a coin if they like ;-)
[2016-06-04 22:23:20] Mr Blue : But £10,000 by the next block reward halving in 4 years is more realistic
[2016-06-04 22:38:34] ggwp : sounds crazy
[2016-06-04 22:38:45] ggwp : btc nneds to fix its problems
[2016-06-04 22:39:22] Mr Blue : ggwp: if it needed to they'd already be fixed ?
[2016-06-04 22:40:29] Mr Blue : ggwp: but ye I'm sure at some point the community will update the Bitcoin blockchain, however might not happen till real competition forces our hand
[2016-06-04 22:41:43] ggwp : core vs classicetc
[2016-06-04 22:41:52] ggwp : they need to be fixed
[2016-06-04 22:41:59] ggwp : and they aint ez to fix
[2016-06-04 22:42:10] ggwp : alright, I'm out for now
[2016-06-04 22:42:14] ggwp : cya
[2016-06-04 22:45:05] Mr Blue : ggwp: it's pretty easy, Orbitcoin upgraded from scypt also to NeoScrypt, just a matter of consensus or somebody with the vision in control, gets harder and harder with Bitcoin to make changes, due to the amount of people with no clear leader, but where you see problems I see solutions
[2016-06-04 22:45:17] Mr Blue : ggwp: cya mate
[2016-06-04 22:46:34] Mr Blue : Such as transaction volume, Bitcoin will be very high price, and the majority of the transactions done by free range slaves will be done on off blockchain solutions like circle