BitMEX Trollbox Userinfo

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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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[2016-07-25 07:44:34] elmorte : yeah, I'm watching it....while Eth went over 4k
[2016-07-25 07:45:11] elmorte : It was down to 3.6k during the doomsday predictions yesterday
[2016-07-25 07:46:28] laisee : its a new e-sport - the birth, life & death struggle of new crypto-currencies.
[2016-07-25 07:47:30] jung1 : but its first one from hard fork
[2016-07-25 07:48:26] jung1 : previous ones was just copycats
[2016-07-25 07:50:12] elmorte : Last time I was this addicted to watching numbers on a screen was more than 10 years ago....playing text based war games
[2016-07-25 07:51:39] jung1 : http://www.imdb.com/title/tt1016268/
[2016-07-25 07:51:51] jung1 : sometimes I feel like thin in crypto
[2016-07-25 08:03:44] bernx : feel like thi is peak right now for eth
[2016-07-25 08:03:51] bernx : if whales dont put walls
[2016-07-25 08:08:06] laisee : elmorte: Enron was like a small taster for what was to come in 2008
[2016-07-25 08:09:24] laisee : sorry, that was for Jung1
[2016-07-25 08:16:52] REKT : Liquidated long on `ETHXBT`: Sell 22 @ 0.02053
[2016-07-25 08:19:35] laisee : exciting weekend, now its a case of the mondays ...
[2016-07-25 08:23:13] bernx : too big sell wall...
[2016-07-25 08:24:07] bernx : almost 1/6 from all sell depth in ranget from 209 to 2012
[2016-07-25 08:24:07] jung1 : laisee: yeah but all that crypto stuff looks quite similar to that. Only few understand that and big money involved
[2016-07-25 08:28:36] REKT : Liquidated short on `ETC24H`: Buy 500 @ 0.00112
[2016-07-25 08:30:42] jung1 : I bought some at 0.0009
[2016-07-25 08:30:50] jung1 : time to hold
[2016-07-25 08:31:45] jung1 : Buy ETC, make ETH great again
[2016-07-25 08:31:49] jung1 : ;)
[2016-07-25 08:33:58] bernx : would buy soon too
[2016-07-25 08:34:10] bernx : seems like eth whales lost game
[2016-07-25 08:44:38] jung1 : but now its quite easy to make 51% attack on etc
[2016-07-25 08:44:59] jung1 : am I right?
[2016-07-25 08:45:59] elmorte : jung1: there's an arbitrage now the other way...sell ETC for BTC for ETH for ETC
[2016-07-25 08:46:54] elmorte : 51% attack would be expensive from what I read...and not make sense unless they had 60% or more
[2016-07-25 08:55:27] elmorte : 51% would just be plain spite
[2016-07-25 08:59:29] jung1 : but that hacker now can dump all coins on polo
[2016-07-25 08:59:53] mrp1nk : not yet afaik
[2016-07-25 09:00:09] mrp1nk : somewhere i read end of august
[2016-07-25 09:02:05] haxmb : ETC is fun and interesting, but it's not gonna survive
[2016-07-25 09:02:12] haxmb : i love the volatility it brings
[2016-07-25 09:03:26] jung1 : what if it will be litecoin for ethereum?
[2016-07-25 09:06:09] rullwull : eth to the floor!
[2016-07-25 09:07:34] elmorte : what is the purpose of litecoin anyway? Why is it so popular in China?
[2016-07-25 09:08:02] jung1 : have no idea
[2016-07-25 09:08:23] jung1 : maybe they are preparing for biger pump
[2016-07-25 09:08:24] elmorte : hehe...
[2016-07-25 09:08:46] jung1 : or maybe people like it because its boring
[2016-07-25 09:09:01] jung1 : there are no such drama like in btc or eth
[2016-07-25 09:09:28] bernx : again im lose for add margin and there is add some new walls
[2016-07-25 09:09:29] bernx : argh
[2016-07-25 09:09:48] elmorte : bernx: what happened?
[2016-07-25 09:09:51] rullwull : ltc main usage to back btc when btc network is under attack, however heard a rumors that chinese are working on ltc upgrade with smart contract function
[2016-07-25 09:10:18] bernx : only 200k left at polo before liq price, so i just sell some for add margin
[2016-07-25 09:10:31] bernx : and right at this moment they put wall
[2016-07-25 09:10:38] haxmb : bernx: wat
[2016-07-25 09:10:48] elmorte : is there a lot of fiat to ltc exchanges?
[2016-07-25 09:11:09] jung1 : elmorte: most of exchanges have it
[2016-07-25 09:11:13] jung1 : ltc/$
[2016-07-25 09:11:45] elmorte : but can you withdraw the fiat?
[2016-07-25 09:13:05] jung1 : shure
[2016-07-25 09:13:13] jung1 : kraken, c-ccex, bitfinex, polo
[2016-07-25 09:13:16] jung1 : bitbay
[2016-07-25 09:13:26] elmorte : ok...so there is some intrinsic value to it then.
[2016-07-25 09:13:35] elmorte : I'd have to convert it to BTC to cash out...
[2016-07-25 09:15:19] jung1 : https://litecoin.info/Category:Services#Market_exchanges
[2016-07-25 09:16:07] elmorte : Thanks, don't mean to make you google for me :)
[2016-07-25 09:16:51] elmorte : Anybody read any more about this retribution attack on Polo regarding ETC listing?
[2016-07-25 09:20:38] elmorte : Some free publicity for BitMEX with ETC listing...good job marketing!
[2016-07-25 09:22:24] jung1 : np
[2016-07-25 09:23:53] jung1 : http://skillincubator.com/courses/bitcoin-trading-mastery
[2016-07-25 09:23:58] jung1 : 500$
[2016-07-25 09:24:07] jung1 : not bad huh
[2016-07-25 09:27:29] elmorte : He should charge in BTC
[2016-07-25 09:29:28] jung1 : I can make it for 400
[2016-07-25 09:29:33] jung1 : good deal
[2016-07-25 09:29:35] jung1 : imo
[2016-07-25 09:30:03] elmorte : I was gonna say....what happened to that plan btw?
[2016-07-25 09:32:40] jung1 : what plan?
[2016-07-25 09:41:47] jung1 : https://www.gsx.gi/article/8292/gibraltar-stock-exchange-welcomes-bitcoineti
[2016-07-25 09:48:50] elmorte : Your advice sharing investment portal
[2016-07-25 09:48:59] jung1 : in progress
[2016-07-25 09:50:05] elmorte : cool
[2016-07-25 10:17:49] jung1 : http://slacknation.github.io/medium/13/13.html
[2016-07-25 10:18:13] jung1 : chart to track etc/eth price and hashrate
[2016-07-25 10:19:04] justinlooking : n1 jung1
[2016-07-25 10:19:24] elmorte : slacknation posts some pretty cool stuff
[2016-07-25 10:22:28] jung1 : BITMEX TROLLBOX: ALWAYS STEP AHEAD
[2016-07-25 10:28:35] mrp1nk : jung1: TRUE DAT
[2016-07-25 10:28:53] mrp1nk : sharing is caring
[2016-07-25 10:34:32] NukeLaloosh : jung1: that's your bitcoin trading course?
[2016-07-25 10:40:03] elmorte : Nah, some random dude
[2016-07-25 10:49:12] BuzzLightYear : Guys, during the recent volatile price movement significant amount of my fund got liquidated but the chart history never reached the liquidation price. I narrowed down the chart to 1 min and the lowest price is still larger than the liquidation price. Any help?
[2016-07-25 10:51:08] mrp1nk : BuzzLightYear: maybe it's due to the difference between mark price and index price?
[2016-07-25 10:51:41] BuzzLightYear : mrp1nk: Oh... I see. The liquidation is not based on the index price, right?
[2016-07-25 10:52:18] mrp1nk : afaik it's based on the mark price, but you can check it in detail in the contract descriptions
[2016-07-25 10:53:33] BuzzLightYear : mrp1nk: thank you for your help. It is my fault. Damn ethereum classic. It went down too deep.
[2016-07-25 10:53:54] BuzzLightYear : mrp1nk: I will check the contract description again. Thanks!
[2016-07-25 10:54:03] mrp1nk : np, your welcome
[2016-07-25 10:55:05] miramm1115 : BuzzLightYear: liquidations are always on mark price, not on the last trade price to avoid manipulation
[2016-07-25 10:56:52] BuzzLightYear : miramm1115: It makes sense. Thanks for the clarification. So it is possible the mark price can be lower than the lowest index price during certain time period?
[2016-07-25 10:58:05] BitMEX_Wally : It is possible, if there is a negative fair basis
[2016-07-25 10:58:28] BitMEX_Wally : In this case there was no basis, so markPrice = index price
[2016-07-25 10:59:23] BitMEX_Wally : `.ETHXBT` the index dropped to 0.0185. Have a look at the line (not the candles) on the chart
[2016-07-25 11:04:36] BuzzLightYear : BitMEX_Wally: I am looking at the line but it seems to me the index still is above the liquidation limit ??
[2016-07-25 11:11:39] BitMEX_Wally : Are you looking at the right time?
[2016-07-25 11:11:50] BitMEX_Wally : 2016.07.24D17:39:51 UTC
[2016-07-25 11:12:08] BitMEX_Wally : `.ETHXBT` the index (and `ETHXBT` the swap) dropped to 0.0185
[2016-07-25 11:12:31] BitMEX_Wally : 2016.07.25 01:39:51 HKT
[2016-07-25 11:14:19] BuzzLightYear : BitMEX_Wally: thanks for your help. I will double check.
[2016-07-25 11:19:07] REKT : Liquidated long on `ETHXBT`: Sell 800 @ 0.02029
[2016-07-25 12:00:26] mrp1nk : kek
[2016-07-25 12:37:20] EMIRG : Hi Bitmex can you Add EMIRG to your exchange ? https://twitter.com/EMIRG_SHA256
[2016-07-25 12:53:11] BitMEX_Wally : EMIRG: Once it is in the top 5 marketshare, or top 5 in traded volume
[2016-07-25 14:20:21] REKT : Liquidated long on `ETC24H`: Sell 340 @ 0.00090
[2016-07-25 14:22:13] jesperf : DPE Enabled Yes: This contract is highly highly speculative.
[2016-07-25 14:22:21] jesperf : double rainbow all the way!
[2016-07-25 14:25:23] BitMEX_Sam : Looks like someone someone made a typo
[2016-07-25 14:25:46] jesperf : looks looks that way
[2016-07-25 14:26:11] jesperf : it also makes it seem extra risky
[2016-07-25 15:13:00] nip : BitMEX_Wally: is the premium index calculated using spot price or mark price?
[2016-07-25 15:15:05] BitMEX_Greg : nip: Hey nip, take a look at https://www.bitmex.com/app/swapsGuide#premium-index
[2016-07-25 15:15:26] BitMEX_Greg : Essentially we are comparing the traded price to mark price to calculate the premium
[2016-07-25 15:32:59] nip : BitMEX_Greg: Can you check the support ticket I just opened?
[2016-07-25 15:33:11] BitMEX_Wally : nip: I'm on it
[2016-07-25 15:35:04] BitMEX_Wally : nip: The premium index is calculated as a premium above/below the fair price, and then the current funding rate is added so that it is recorded as an absolute premium above/below the index
[2016-07-25 15:36:17] BitMEX_Wally : The current funding rate is -0.6492% so if the fair price is within the bid/offer then `.FCTXBTPI` will be recorded as -0.006492
[2016-07-25 15:36:32] nip : look at it now
[2016-07-25 15:36:45] nip : what fair price will be recorded now?
[2016-07-25 15:37:12] nip : also, it has been near 0 for a very long time
[2016-07-25 15:37:26] nip : why did it all of a sudden go out of control? and it appears it can only go more negative?
[2016-07-25 15:37:43] BitMEX_Wally : https://www.bitmex.com/app/index/.FCTXBTPI
[2016-07-25 15:38:32] nip : so the contract has to have a bid 0.6492% above spot for a full 8 hour period to bring the funding rate back to 0?
[2016-07-25 15:39:11] nip : why is it so negative? the predicted funding is about twice as negative?
[2016-07-25 15:39:13] BitMEX_Wally : No, it can be 0 above spot for 8 hours and that will halve the funding rate
[2016-07-25 15:39:19] nip : this has never happened before
[2016-07-25 15:39:55] nip : the predicted funding is about double the current funding
[2016-07-25 15:41:09] nip : and why would it have instantly jumped from positive to -0.6492 over one period?
[2016-07-25 15:41:21] BitMEX_Wally : What has jumped?
[2016-07-25 15:41:23] BitMEX_Wally : The mark price?
[2016-07-25 15:41:26] BitMEX_Wally : The predicted funding?
[2016-07-25 15:41:32] BitMEX_Wally : The current PI ?
[2016-07-25 15:41:47] nip : funding rate
[2016-07-25 15:41:56] nip : it has always been near 0. the last rate was positive
[2016-07-25 15:42:18] nip : now it is -0.06492. the predicted funding is -1.1%
[2016-07-25 15:42:44] BitMEX_Wally : It is -0.6492% because of a negative premium 12 to 4 hours ago
[2016-07-25 15:43:45] BitMEX_Wally : It is predicted to be -1.1% because for the last 4 hours or so, the offer price has been below the index price
[2016-07-25 15:44:04] nip : well this is a major problem
[2016-07-25 15:44:51] nip : the market maker stopped quoting for about a day
[2016-07-25 15:44:54] BitMEX_Wally : The predicted funding rate is a problem, or the fact that people are offering below the index price is problem?
[2016-07-25 15:45:10] nip : and i guess someone put an offer 1.5% to 2% below spot?
[2016-07-25 15:46:19] nip : BitMEX_Wally: the liquidity is too thin
[2016-07-25 15:46:52] nip : yesterday the market maker was down. there were a total of 2 contracts of bids
[2016-07-25 15:47:27] nip : i dont think its reasonable to use the orderbook
[2016-07-25 15:47:40] BitMEX_Wally : We use a depth weighted price
[2016-07-25 15:47:49] BitMEX_Wally : 2 contracts is not enough
[2016-07-25 15:48:17] nip : BitMEX_Wally: i suspect someone was trying to manipulate the funding rate because there was no orderbook?
[2016-07-25 15:49:43] BitMEX_Wally : They would have to quote at least 500 contracts above/below the fair price at the time
[2016-07-25 15:50:08] nip : im sure they did that. but noone trades fct
[2016-07-25 15:50:46] BitMEX_Wally : If a 2% discount is not an incentive enough to trade, then the funding rate has to kick in to bring the order book back in line with stop
[2016-07-25 15:50:48] BitMEX_Wally : spot
[2016-07-25 15:51:03] BitMEX_Wally : But if no-one is trading them we'll de-list them
[2016-07-25 15:51:08] nip : i never saw the order
[2016-07-25 15:51:21] mrp1nk : hmm... not sure if breakout or fakeout (btc)
[2016-07-25 15:51:28] BitMEX_Wally : It was probably just the market maker quoting at a discount to get rid of some delta
[2016-07-25 15:51:39] BitMEX_Wally : No-one lifted his offer, so the funding rate is now negative
[2016-07-25 15:53:41] nip : so i am expected to monitor the orderbook 24/7 to make sure noone quotes at a discount?
[2016-07-25 15:53:53] nip : because every time they do i lose a huge % of my margin?
[2016-07-25 15:54:07] nip : i dont think its reasonable to use the orderbook for funding for that contract
[2016-07-25 15:54:59] nip : there are maybe 0-3 participants at a given time including bots
[2016-07-25 16:00:02] nip : BitMEX_Wally: What will happen to the funding rate if the premium index stays where it is?
[2016-07-25 16:00:14] nip : that is, the mark price is within the bid ask
[2016-07-25 16:00:33] nip : it will decrease by 0.05% each 8 hours?
[2016-07-25 16:05:12] Tetsuo : Word on the street is that FCT protocol is bugged and broken, waitin to be hacked. Wouldn´t want to hold a position in it when the shitstorm starts! : - (
[2016-07-25 16:07:36] macios15 : 4400 confirmed
[2016-07-25 16:10:52] REKT : Liquidated long on `ETC24H`: Sell 1865 @ 0.00075
[2016-07-25 16:42:36] REKT : Liquidated long on `ETC24H`: Sell 100 @ 0.00069
[2016-07-25 17:13:30] nip : Where did the mm for XBJ go?
[2016-07-25 17:14:03] nip : gone for 2 days now
[2016-07-25 17:15:39] BitMEX_Greg : nip: I've just checked and he's been available for the past 2 days, there are certain points in the day where he gets cut out due to an API problem from the price reference provider, Quoine, but comes in soon after
[2016-07-25 17:15:58] BitMEX_Greg : checking now with them about current outage
[2016-07-25 17:16:43] BitMEX_Greg : he's back
[2016-07-25 17:18:22] nip : BitMEX_Greg: thanks
[2016-07-25 17:34:40] xxgiancoxx : hi i can deposit directly ETC in any wallet here or just BTC deposits?
[2016-07-25 17:37:17] BitMEX_Wally : xxgiancoxx: Just Bitcoin
[2016-07-25 17:37:33] BitMEX_Wally : But you can use that Bitcoin to sell (i.e. short) ETH
[2016-07-25 17:41:18] Mangalica : Shillbert is shilling ETC, be careful shorts
[2016-07-25 18:00:07] REKT : Liquidated short on `ETC24H`: Buy 850 @ 0.00097
[2016-07-25 18:08:19] aethlios : anyone want to buy my 50000 etc sell order??
[2016-07-25 18:10:07] nip : aethlios: its way above spot
[2016-07-25 18:10:12] nip : lower it enough and i will buy it
[2016-07-25 18:10:31] aethlios : nip: spot is 0.00099-0.001
[2016-07-25 18:10:53] nip : or just 991 for short
[2016-07-25 18:11:33] aethlios : nip: start placing buy orders
[2016-07-25 18:12:01] 1QaZxSw2 : question for bitmex. how do you decide what alt/shitcoin to list? By vol from polo?
[2016-07-25 18:12:10] nip : whats the lowest price you would be willing to sell at?
[2016-07-25 18:12:19] nip : if i find it acceptable i will place a buy order for 50000
[2016-07-25 18:12:50] nip : i dont like leaving limit orders up
[2016-07-25 18:14:16] aethlios : nip: You can bet for the expiration, you don't have to close order. If tomorrow price above 0.001 you win, if below I win
[2016-07-25 18:45:36] BitMEX_Sam : 1QaZxSw2: Essentially we watch what's gaining traction and what is likely to trade
[2016-07-25 18:45:48] BitMEX_Sam : Listing new products is easy enough to do so long as we have a liquid market to settle it on
[2016-07-25 20:52:03] fineregex : BitMEX_Sam: suggestion for the leaderboard, add average profit and total number of traders (or average performance by groups above 2[10,100,1000] trades or above trades 0.05[1,10,50] btc
[2016-07-25 20:52:27] fineregex : *or above ... balance
[2016-07-25 20:52:59] BitMEX_Sam : That's a good idea, would be an interesting way to segment types of traders
[2016-07-25 21:10:28] fineregex : and, while equally or more interesting rationally, it can also serve as a disclaimer for those who are at risk to get too euphoric seeing a leaderboard/peak performance only since obviously average performance would be normal to be near zero minus fees (or already amazing if slightly positive)
[2016-07-25 21:32:48] nip : something like (profit/averagebalance) or (profit/(averagebalance x time)) could be interesting
[2016-07-25 21:34:31] nip : the ROE leaderboard seems useless to me. its for people who only made one trade?
[2016-07-25 22:40:35] rapidtrades : good evening
[2016-07-25 22:42:19] mrp1nk : sup
[2016-07-25 22:43:58] rapidtrades : not much
[2016-07-25 22:44:22] rapidtrades : classic looks to be stabilizying
[2016-07-25 22:47:15] rapidtrades : are ppl mining/ developing this coin
[2016-07-25 22:49:49] BitMEX_Greg : rapidtrades: Few guys still mining. I know a guy who was 50% over the weekend
[2016-07-25 22:59:59] mrp1nk : the etc telegram group has already more members than the eth group
[2016-07-25 23:10:42] rapidtrades : the subreddit is much smaller tho
[2016-07-25 23:15:51] REKT : Liquidated short on `ETHXBT`: Buy 198 @ 0.02110
[2016-07-25 23:23:22] REKT : Liquidated short on `ETHXBT`: Buy 1862 @ 0.02117
[2016-07-25 23:49:58] fineregex : rapidtrades: hashrate went back too
[2016-07-26 01:00:13] Ageless : why does it give a really low liquidation price when you use max leverage in eth classic?
[2016-07-26 01:00:29] Ageless : like have funds to cover way above the liquidation quote?
[2016-07-26 01:15:14] lockhedge : Ageless: don't understand the question but i guess it will help to take a look at `Initial Margin`and `Maintenance Margin`in the contract specs https://www.bitmex.com/app/contract/ETC24H
[2016-07-26 02:07:36] REKT : Liquidated short on `ETC24H`: Buy 297 @ 0.00108
[2016-07-26 02:08:06] REKT : Liquidated short on `ETC24H`: Buy 300 @ 0.00110
[2016-07-26 02:08:36] REKT : Liquidated short on `ETC24H`: Buy 800 @ 0.00111
[2016-07-26 02:18:36] zanza : some ETC action
[2016-07-26 02:38:41] Ageless : how to turn off isolated margin?
[2016-07-26 02:51:10] BitMEX_Arthur : Ageless: under the your position section on the left hand side, there is a leverage slider, the option all the way to the left is Cross Margin
[2016-07-26 03:56:03] jung1 : morning
[2016-07-26 03:56:21] ggwp : witam witam
[2016-07-26 03:57:04] jung1 : załadowany w etc?
[2016-07-26 03:57:23] ggwp : no pewka
[2016-07-26 03:58:25] bernx : this eth spred ...
[2016-07-26 03:59:13] jung1 : so ETC=ETH=0.013 in one month from now?
[2016-07-26 04:00:08] ggwp : moze.....
[2016-07-26 04:02:15] jung1 : BitMEX_Arthur: who made pokemon graphic in new Crypto Trader Digest?
[2016-07-26 04:02:38] jung1 : with vitalchu
[2016-07-26 04:02:59] ggwp : grasz?
[2016-07-26 04:03:05] jung1 : nah
[2016-07-26 04:03:10] Muhammed : gday
[2016-07-26 04:03:18] jung1 : morning
[2016-07-26 04:04:05] ggwp : a tam gdzie mieszkasz sporo ich widzisz?
[2016-07-26 04:06:14] ggwp : (graczy)
[2016-07-26 04:06:56] jung1 : no pełno
[2016-07-26 04:07:11] jung1 : aż przypał chodzić z telefonem po ulicy bo myślą, że też grasz
[2016-07-26 04:07:40] ggwp : haha
[2016-07-26 04:08:14] ggwp : a o ile dobrze wiem to gra nawet nie jest jeszcze dostepna w wersji na rynek PL
[2016-07-26 04:08:29] ggwp : co za świat
[2016-07-26 04:19:44] jung1 : http://fork.ethstats.net/ ethereum classic (etc) hashpower going down
[2016-07-26 04:20:16] jung1 : depending on which side of the fence you're on, ideologies don't pay the mining bills.
[2016-07-26 04:24:51] jung1 : http://vessenes.com/do-not-mess-with-eth-classic-it-will-f-you-up/
[2016-07-26 04:38:06] rapidtrades : jung1: don't be a Debbie Downer jung1
[2016-07-26 04:40:07] jung1 : someone have to
[2016-07-26 04:40:07] rapidtrades : yen surging ....idiots finally coming around
[2016-07-26 04:40:52] rapidtrades : up over 2% in around 26 hrs
[2016-07-26 04:42:02] rapidtrades : it's down and staying down,,,,unlike previously where they bought every dip like its the sp500
[2016-07-26 04:43:11] jung1 : https://twitter.com/ChandlerGuo/status/757737096668848128 this guy is a dao hacker
[2016-07-26 04:45:45] rapidtrades : looks like a retard
[2016-07-26 04:46:03] ggwp : chuckled
[2016-07-26 04:46:04] rapidtrades : he couldn't hack his way out of a paper bag
[2016-07-26 04:46:21] ggwp : "My principle is don't be evil"
[2016-07-26 04:48:34] rapidtrades : i hope this eth shit gets resolved soon...getting chopped to death in btc
[2016-07-26 04:50:08] ggwp : so btc is waiting on eth?
[2016-07-26 04:50:13] ggwp : lawl
[2016-07-26 04:51:07] rapidtrades : well its dragging it up and down
[2016-07-26 04:51:19] ggwp : meeeh
[2016-07-26 04:51:28] rapidtrades : problem is eth is too small so the moves in bitcoin are small too, not enught to make $$$$$$$
[2016-07-26 04:52:29] rapidtrades : fair basis for sept is still high, 75%
[2016-07-26 04:53:58] jung1 : https://twitter.com/barrysilbert/status/757628841938472961
[2016-07-26 04:54:24] rapidtrades : yeah read that earlier, he spent 25k
[2016-07-26 04:54:39] rapidtrades : bold move cotton, let's see if it pays off
[2016-07-26 04:55:27] jung1 : yeah
[2016-07-26 04:55:44] jung1 : but imo eth went from trustless to a political ecosystem
[2016-07-26 04:56:09] rapidtrades : 25k min cos he was silently bragging that he bought them from some OTC place with 25k min
[2016-07-26 04:59:19] rapidtrades : what was the funding we just had? i missed it
[2016-07-26 04:59:21] rapidtrades : BTC
[2016-07-26 05:00:46] rapidtrades : dam we had two 0.04%
[2016-07-26 05:00:50] rapidtrades : that's painful
[2016-07-26 05:08:50] jung1 : http://slacknation.github.io/medium/13/13.html there we go!
[2016-07-26 05:09:10] ayy_lmao : only 0.04?
[2016-07-26 05:09:14] ayy_lmao : painful?
[2016-07-26 05:10:01] rapidtrades : well yeah given the lack of volatility
[2016-07-26 05:10:22] rapidtrades : thats' 0.09% for 16 hrs
[2016-07-26 05:11:02] rapidtrades : jung1: what's that link? i don't follow ur haxxor links
[2016-07-26 05:11:54] jung1 : now minnig etc is more profitable than eth
[2016-07-26 05:12:06] REKT : Liquidated short on `ETC24H`: Buy 870 @ 0.001238
[2016-07-26 05:12:30] jung1 : +1k volume on polo
[2016-07-26 05:13:39] Rado : jung1: do you have a link to get ETC install?
[2016-07-26 05:14:37] Rado : What does jung mean?
[2016-07-26 05:16:42] jung1 : https://ethereumclassic.github.io/
[2016-07-26 05:17:07] jung1 : but you just do not upgrade to hardfork client version pushed by Ethereum Foundation.
[2016-07-26 05:17:11] jung1 : and thats all
[2016-07-26 05:17:42] jung1 : its old nick. Originally from junglist ;)
[2016-07-26 05:19:38] Rado : jung1: thanks
[2016-07-26 05:23:09] jung1 : https://www.reddit.com/r/ethereum/comments/4ukefq/attacker_has_withdrawn_all_etc_from_darkdao_on/
[2016-07-26 05:24:53] Rado : How much is he worth at current etc price?
[2016-07-26 05:29:18] jung1 : He stole like 7.8mln eth
[2016-07-26 05:29:37] jung1 : etc is around 0.55$ now
[2016-07-26 05:32:07] lockhedge : it's around $0.8
[2016-07-26 05:32:30] jung1 : $10 is possiible
[2016-07-26 05:32:33] jung1 : in couple of weeks
[2016-07-26 05:33:23] Rado : Nah
[2016-07-26 05:33:51] jung1 : etc is just original ethereum
[2016-07-26 05:34:24] Rado : Yes,, but value doesn't come from the code
[2016-07-26 05:35:11] jung1 : shure
[2016-07-26 05:37:45] jung1 : http://fintechist.com/shapeshift-io-bitmex-announce-support-ethereum-classic/
[2016-07-26 05:38:03] jung1 : BitMex, a respected Bitcoin and cryptocurrency exchange,'
[2016-07-26 05:38:19] Rado : He he
[2016-07-26 05:38:53] Rado : Where did this shmuck rapidtrades go?
[2016-07-26 05:40:11] lockhedge : does anyone know a single person who uses ethereum (eth or etc) for anything else than speculative trading?
[2016-07-26 05:40:43] fineregex : lockhedge: no, what about bitcoin?
[2016-07-26 05:40:44] jung1 : yep
[2016-07-26 05:40:56] fineregex : is it still speculative when i hold ethereum since 1 year?
[2016-07-26 05:40:57] jung1 : find some ethereum meetups in your area
[2016-07-26 05:42:48] jung1 : eth is 1 year?
[2016-07-26 05:42:56] jung1 : it was like end of august
[2016-07-26 05:42:59] jung1 : as I remember
[2016-07-26 05:43:50] fineregex : correct
[2016-07-26 05:43:52] fineregex : 50 weeks
[2016-07-26 05:44:15] fineregex : start of august
[2016-07-26 05:45:09] jung1 : about eth projects http://golemproject.net/ that one is from polish guys
[2016-07-26 05:45:09] jung1 : eth based
[2016-07-26 05:45:12] jung1 : really cool
[2016-07-26 05:45:19] fineregex : what was the name of the intermediary token again, before that?
[2016-07-26 05:46:59] jung1 : token of what? of eth?
[2016-07-26 05:47:27] fineregex : http://web.archive.org/web/20150709232122/http://coinmarketcap.com/#
[2016-07-26 05:47:31] fineregex : number 25.
[2016-07-26 05:47:41] jung1 : wonder what will happen when ETC is on bitfinex (this wednesday)
[2016-07-26 05:47:44] fineregex : ethercoin
[2016-07-26 05:48:16] jung1 : its related to ether?
[2016-07-26 05:48:30] jung1 : or its just altcoin made on eth hype
[2016-07-26 05:49:16] fineregex : it was a token backed by crowdsale participation it hink
[2016-07-26 05:49:25] fineregex : i think
[2016-07-26 05:49:45] jung1 : https://bitcointalk.org/index.php?topic=798031
[2016-07-26 05:49:47] jung1 : meh
[2016-07-26 05:51:03] jung1 : https://poloniex.com/exchange#btc_etc look at market depth
[2016-07-26 05:52:00] fineregex : https://bitcointalk.org/index.php?topic=798031.0
[2016-07-26 05:52:09] fineregex : :D
[2016-07-26 05:52:15] fineregex : yes
[2016-07-26 05:55:36] jung1 : http://themerkle.com/coinbase-tracks-user-funds-leaving-the-exchanges-wallets/
[2016-07-26 05:55:49] jung1 : with current banking system is not so easy like with bitcoin
[2016-07-26 06:03:24] Rado : If I buy ETH on Kraken and send it to Poloniex
[2016-07-26 06:03:45] Rado : Would they give me ETC for the same amount?
[2016-07-26 06:05:02] REKT : Liquidated long on `XBTUSD`: Sell 412 @ 650.28
[2016-07-26 06:05:58] REKT : Liquidated long on `XBTUSD`: Sell 200 @ 644.54
[2016-07-26 06:05:58] REKT : Liquidated long on `XBTU16`: Sell 1300 @ 734.11
[2016-07-26 06:05:58] REKT : Liquidated long on `XBTUSD`: Sell 36500 @ 645.85 **MEGA-REKT** :boom:
[2016-07-26 06:05:58] REKT : :roller_coaster: :chart_with_downwards_trend: :japanese_goblin:
[2016-07-26 06:05:58] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 646.10
[2016-07-26 06:05:58] REKT : Liquidated long on `XBTUSD`: Sell 32 @ 644.90
[2016-07-26 06:06:01] REKT : Liquidated long on `XBJ24H`: Sell 2000 @ 67589.0
[2016-07-26 06:06:18] Tetsuo : kaching
[2016-07-26 06:07:28] REKT : Liquidated long on `XBTUSD`: Sell 2400 @ 643.58
[2016-07-26 06:07:28] REKT : Liquidated long on `XBTUSD`: Sell 151 @ 643.31
[2016-07-26 06:07:28] REKT : Liquidated long on `XBTUSD`: Sell 300 @ 643.22
[2016-07-26 06:07:28] REKT : Liquidated long on `XBTUSD`: Sell 105 @ 643.08
[2016-07-26 06:07:28] REKT : Liquidated long on `XBTUSD`: Sell 13 @ 643.99
[2016-07-26 06:07:37] REKT : Liquidated long on `XBTUSD`: Sell 2500 @ 642.87
[2016-07-26 06:07:52] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 642.35
[2016-07-26 06:08:09] macios15 : holy shit
[2016-07-26 06:09:53] ggwp : noice
[2016-07-26 06:10:07] macios15 : that's it for now probably
[2016-07-26 06:13:17] Mangalica : Rado: Not if they have done the walleting, which they probably have. (As opposed to Coinbase who allegedly haven't and leaked hundreds of thousands of ETC)
[2016-07-26 06:19:28] jung1 : damn
[2016-07-26 06:19:37] jung1 : so bitcoin is dead officially?
[2016-07-26 06:21:40] jung1 : 500$ before 700$
[2016-07-26 06:21:40] macios15 : nooo, it's catch a falling knife and hot potato game at once
[2016-07-26 06:23:29] jung1 : https://bitcointalk.org/index.php?topic=27348.0
[2016-07-26 06:25:32] elmorte : wtf did I just read :p
[2016-07-26 06:34:44] jung1 : http://uk.reuters.com/article/europe-bitcoin-etp-idUKL8N1AB27P
[2016-07-26 06:43:15] jung1 : damn etc bots are crazy on polo
[2016-07-26 06:44:46] Tetsuo : Good riddance BTC.
[2016-07-26 06:49:31] rapidtrades : any news?
[2016-07-26 06:51:04] Tetsuo : ETH fucked up confidence for the whole crypto scene, every coin is goin to suffer. Bitcoin block limit will never get higher.
[2016-07-26 06:51:20] rapidtrades : NOONE AXED U TTSUO
[2016-07-26 06:51:21] Tetsuo : everyone will die
[2016-07-26 06:51:41] Tetsuo : rapidtrades: : - (
[2016-07-26 06:52:29] jung1 : Bitcoin has probably been highly leveraged around these levels. This chop, or this sideways actions is making the people with leveraged bitcoins close, they are getting impatient.
[2016-07-26 06:53:15] Tetsuo : good news is that in 4 hours i will sit in the plane to Ibiza to stay there for the next 2 weeks , woooohoo
[2016-07-26 06:53:27] ersagun : Hey folks. As a complete newbie, what's the difference between Cross and 1x leverage if I want to short ETC?
[2016-07-26 06:54:09] bernx : eth seems like going down too
[2016-07-26 06:54:24] bernx : no reactin for btc drop and too much sell pressure
[2016-07-26 06:54:30] bernx : also there is still bubble
[2016-07-26 06:56:45] Tetsuo : bye folks, see you in 2 weeks @ sub 500$
[2016-07-26 07:00:49] BitMEX_Wally : ersagun: Cross means it uses all the margin in your account, whereas 1x means it uses 100% of the value of the position.
[2016-07-26 07:01:39] ersagun : BitMEX_Wally: Cheers mate
[2016-07-26 07:01:59] BitMEX_Wally : Of course, even at 1x short your position could be liquidated if the price doubled
[2016-07-26 07:03:19] jung1 : Tetsuo: see ya
[2016-07-26 07:03:37] jung1 : dont do drugs
[2016-07-26 07:03:46] mrp1nk : kek
[2016-07-26 07:03:50] ersagun : Gross Value 0.0013 XBT ; that's what I see when I'm trying to short ETC, for instance. Does that mean only that much is at risk if I go with that position?
[2016-07-26 07:04:40] jung1 : Im thinking of sell half of mine etc and rebuy after crash
[2016-07-26 07:08:54] mrp1nk : jung1: i have a thick resistance line at .001428
[2016-07-26 07:09:29] mrp1nk : but available data is ofc thin
[2016-07-26 07:09:41] lockhedge : ersagun: isolated margin is a very expensive risk management tool for etc24h, maintenance margin is >10%
[2016-07-26 07:09:56] jung1 : people could treat etc as a 2nd chance to get into ethereum at a great price and to preserve the original eth, not a Manipulated ETH
[2016-07-26 07:10:49] mrp1nk : jung1: fully agree
[2016-07-26 07:11:12] BitMEX_Wally : ersagun: The gross value is the value of the position. The 'cost' is the amount of margin required to open this position, and it decreases as you increase leverage
[2016-07-26 07:13:10] BitMEX_Wally : If you go short 1x you will have 0.0013 XBT margin at risk
[2016-07-26 07:13:35] ersagun : BitMEX_Wally: Aye, wanted to make sure :-)
[2016-07-26 07:21:42] jung1 : http://www.whattomine.com/
[2016-07-26 07:28:37] REKT : Liquidated long on `ETHXBT`: Sell 691 @ 0.02082
[2016-07-26 07:38:02] jung1 : 0.0014
[2016-07-26 07:38:03] jung1 : wee
[2016-07-26 07:41:52] jose : i need a ETC Perpetual Swap, i dont want to bother opening my position everyday :(
[2016-07-26 07:42:27] jung1 : so buy and hold
[2016-07-26 07:43:02] jose : i am holding ETH i want to short ETC until it dies
[2016-07-26 07:43:12] BitMEX_Wally : We will list an ETC perpetual swap if ETC lives
[2016-07-26 07:43:38] jung1 : BitMEX_Wally: what is your opinion about that?
[2016-07-26 07:43:47] jung1 : about etc
[2016-07-26 07:44:20] BitMEX_Wally : I think the HF was badly managed and communicated
[2016-07-26 07:44:40] BitMEX_Wally : We had no plans to launch ETC until people started trading it on Poloniex
[2016-07-26 07:44:44] jose : it wont die before 29th July, when the hacker will try to cash out
[2016-07-26 07:45:25] jose : as well as everyone who had money held by the DAO
[2016-07-26 07:45:35] mrp1nk : ok etc broke that line... so then ~0.15 maybe
[2016-07-26 07:45:50] jose : also when Kraken will give it users ETC for their ETH, it will have a big dump
[2016-07-26 07:46:56] jung1 : or people will wait for $10
[2016-07-26 07:46:59] rapidtrades : eth already up over 50%
[2016-07-26 07:47:06] rapidtrades : etc*
[2016-07-26 07:47:07] jung1 : 15
[2016-07-26 07:47:12] jung1 : now
[2016-07-26 07:48:08] jung1 : 155
[2016-07-26 07:48:17] rapidtrades : so if all etc holders get eth too, why don't they start dumping
[2016-07-26 07:48:31] jung1 : eth or etc?
[2016-07-26 07:48:39] rapidtrades : ETH
[2016-07-26 07:49:07] jung1 : people invest in eth and after HF they changed basicly main point of it
[2016-07-26 07:49:18] jose : because they think ETH will be the main chain :)
[2016-07-26 07:49:41] jung1 : but etc is what they invest in ico
[2016-07-26 07:50:00] jung1 : eth now its political ecosystem
[2016-07-26 07:52:23] rapidtrades : YEN PAIRS cant' find a bottom
[2016-07-26 07:52:39] rapidtrades : good thing the japs are sleeping and can't jawbone the yen lower
[2016-07-26 07:55:56] rapidtrades : jung1: so what do u do
[2016-07-26 07:56:55] jung1 : I bought etc under 0.001 and hold
[2016-07-26 07:57:08] jung1 : have some short on eth as well
[2016-07-26 07:58:03] rapidtrades : not a bad trade
[2016-07-26 07:58:47] mrp1nk : any thoughts on the btc? i got some orders filled in the low 640ish
[2016-07-26 07:59:30] jung1 : 500 before 700 is possible
[2016-07-26 07:59:49] jung1 : but watch out btc/eur market
[2016-07-26 07:59:51] jung1 : http://uk.reuters.com/article/europe-bitcoin-etp-idUKL8N1AB27P
[2016-07-26 08:00:02] jung1 : kind of europead gdax
[2016-07-26 08:00:36] REKT : Liquidated short on `ETC24H`: Buy 1659 @ 0.001598
[2016-07-26 08:00:38] jung1 : aaand 0016
[2016-07-26 08:01:55] rapidtrades : now 100% gain since last night
[2016-07-26 08:02:13] jung1 : and its just the begin imo
[2016-07-26 08:02:38] rapidtrades : at the bottom it was like 4% of eth value
[2016-07-26 08:02:46] jung1 : could be really similar as eth chart when it was listed on polo
[2016-07-26 08:03:14] jung1 : like form 0.002 to 0.01 in one week
[2016-07-26 08:04:19] jung1 : too bad that etc is not on polo there
[2016-07-26 08:06:21] rapidtrades : etc is on polo?
[2016-07-26 08:07:17] rapidtrades : nintendo down 11% lol
[2016-07-26 08:07:22] jung1 : https://poloniex.com/exchange#btc_etc
[2016-07-26 08:07:51] REKT : Liquidated long on `ETC24H`: Sell 100 @ 0.001578
[2016-07-26 08:08:22] rapidtrades : jung1: yeah i know but u said this >>> jung1: too bad that etc is not on polo there
[2016-07-26 08:09:25] jung1 : *margin
[2016-07-26 08:09:27] jung1 : on polo
[2016-07-26 08:11:17] jung1 : https://twitter.com/cnLedger/status/757824263323738112
[2016-07-26 08:14:28] elmorte : I almost sold ETC at 075 before sleep yesterday...then I decided to leave it and suck up the losses, can't go below 050 by the morning. Good call in hindsight :)
[2016-07-26 08:16:33] jung1 : something to consider.. every ETH whale automatically is an ETC whale.. whales have a vested interest in making sure ETC works
[2016-07-26 08:17:04] mrp1nk : anyone shorting etc here?
[2016-07-26 08:18:44] jung1 : shorting during pump are dangerous
[2016-07-26 08:18:49] jung1 : imo
[2016-07-26 08:19:46] jung1 : https://steemit.com/cryptocurrency/@dogguy/3-reasons-why-ethereum-classic-etc-will-be-the-next-big-coin
[2016-07-26 08:23:55] mrp1nk : etc hopium intensifying
[2016-07-26 08:24:31] jung1 : small correction
[2016-07-26 08:25:35] mrp1nk : possible
[2016-07-26 08:26:28] elmorte : I'm afraid of ETC imploding...but then I think of the ETH fundamentals (or lack thereof) and I get scared for ETH too...
[2016-07-26 08:26:49] elmorte : I still have some Eth on finex
[2016-07-26 08:27:38] elmorte : What are we gonna do about LSK @jung1 ?
[2016-07-26 08:36:42] saeeds255 : How can I deposit etc ? i just see bitcoin deposit address :(
[2016-07-26 08:37:28] BitMEX_Wally : saeeds255: We only take Bitcoin
[2016-07-26 08:37:33] BitMEX_Wally : But you can use Bitcoin to go long or short ETC
[2016-07-26 08:38:19] saeeds255 : Ok, but I wanted to transfer my mined coins here!
[2016-07-26 08:38:45] jung1 : elmorte: hold
[2016-07-26 08:38:54] BitMEX_Wally : You can dump your coins on Poloniex or Bitfinex
[2016-07-26 08:38:59] jung1 : well if you will sell it even now you are + 200%
[2016-07-26 08:39:37] elmorte : I'm just impatient...
[2016-07-26 08:39:38] jung1 : saeeds255: shapeshift + bitmex deposit address
[2016-07-26 08:39:59] elmorte : Their blog is somewhat inactive
[2016-07-26 08:40:19] jung1 : elmorte: so sell half now and other half print on paperwallet and hide somewhere in your home or family
[2016-07-26 08:40:39] jung1 : yeah their marketing sucks a bit
[2016-07-26 08:40:46] jung1 : but still looks promissing
[2016-07-26 08:40:54] elmorte : lol. I sold enough to cover when it first listed. The remaining is pure profit...
[2016-07-26 08:41:19] elmorte : I just don't like the slow descent from high 4000s to low 4000s
[2016-07-26 08:42:26] jung1 : yeah and there is basicly no reaction for btc drops
[2016-07-26 08:43:10] jung1 : I also sold some to cover ico investment and bottle of whiskey so I hold the rest
[2016-07-26 08:46:41] jung1 : keep an eye on https://z.cash
[2016-07-26 08:48:37] jung1 : eth colume on polo 24k
[2016-07-26 08:48:42] jung1 : etc volume 20k
[2016-07-26 08:48:47] jung1 : shieeeet
[2016-07-26 08:50:34] elmorte : There's a lot of it to go around mind you...
[2016-07-26 08:51:02] elmorte : Even more when the Dao dude completes the split
[2016-07-26 08:51:31] jung1 : Yunbi ETC / CNY Trading Pair Listing Announcement 27th July: https://yunbi.com/bulletins
[2016-07-26 08:55:48] mrp1nk : jung1: zcash definitely interesting but zero-knowledge proofs not practical afaik
[2016-07-26 08:56:09] mrp1nk : computationally too expensive
[2016-07-26 09:07:29] mrp1nk : damn, 3k btc buy orders in the etc book
[2016-07-26 09:07:44] mrp1nk : the fomo is real
[2016-07-26 09:08:04] jung1 : wise people learn from other ppls mistakes... that ETC
[2016-07-26 09:09:02] mrp1nk : this is an obvious p&d - strong one
[2016-07-26 09:21:29] jung1 : ok lets test 0.002
[2016-07-26 09:22:55] macios15 : 4080 cny in next days
[2016-07-26 09:24:42] jesperf : if etc reaches 0.002 I will be in the green again, eliminating all my liquidation losses :D
[2016-07-26 09:25:46] jesperf : I picked up some near 0.0008 and don't think it's unreasonable that it crosses 0.002 today when trading volume surpasses ETH
[2016-07-26 09:28:15] jung1 : it's not unreasonable that it will cross 0.02
[2016-07-26 09:28:21] REKT : Liquidated short on `ETC24H`: Buy 5 @ 0.001677
[2016-07-26 09:32:11] jung1 : almost 22k volume
[2016-07-26 09:32:14] mrp1nk : ok here we go
[2016-07-26 09:32:25] jesperf : I wonder how anyone can keep up with the polo trololobox
[2016-07-26 09:32:51] REKT : Liquidated short on `ETC24H`: Buy 240 @ 0.001752