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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[2016-08-01 18:21:56] haxmb : TA: ETC is gonna do some crazy shit before it will crash hard because of the dao hacker starting to transfer his coins
[2016-08-01 18:22:24] haxmb : imo
[2016-08-01 18:22:42] haxmb : lots of ETH hypocrits to be burned
[2016-08-01 18:23:18] TA : haxmb: that was my thought as well .. but i think it will first test 500 level and then crash ..probably...
[2016-08-01 18:23:34] TA : etc to go down to 0.17 or lower.
[2016-08-01 18:23:40] TA : IMO
[2016-08-01 18:24:16] TA : because btw is crashing , people are gonna buy more etc.. bit coiners hate etc...but love etc
[2016-08-01 18:24:25] TA : BTC*
[2016-08-01 18:24:49] TA : hate eth ..love etc
[2016-08-01 18:24:54] TA : damn this autocorrect
[2016-08-01 18:25:26] fineregex : BitMEX_Sam: ...doesnt help that it was reduced after i complained, but not in retrospective.... It is not necessary to hurry, if the orderbooks easily support waiting a moment. If the split second event doesnt even influence the order book at bitmex and the mainteanance margin even supports waiting a lot of time. When the state is 9.999% left now, and probably >9.9% in 5 minutes still
[2016-08-01 18:26:21] BitMEX_Sam : Have to step away for a while, BitMEX_Greg will continue
[2016-08-01 18:27:25] fineregex : BitMEX_Sam: Guess i will have to repeat the whole story more often. Take care:)
[2016-08-01 18:28:10] BitMEX_Greg : fineregex: From what I understand, the issue is you lost your Maintenance Margin on the ETC24H contract due to volatile moves?
[2016-08-01 18:37:28] jonny : BitMEX_Greg: thanks, yes slit second spike at poloniex caused liquidation at fictional price +10%, while the order book at bitmex supported it to get out with about 20% left...
[2016-08-01 18:37:40] jonny : and it was with this account
[2016-08-01 18:37:59] ggwp : eth
[2016-08-01 18:41:27] REKT : Liquidated long on `XBTUSD`: Sell 20000 @ 614.70 **MEGA-REKT** :boom:
[2016-08-01 18:41:27] REKT : Liquidated long on `XBTUSD`: Sell 290 @ 614.67
[2016-08-01 18:41:42] REKT : Liquidated long on `XBTUSD`: Sell 160 @ 614.25
[2016-08-01 18:42:03] REKT : Liquidated long on `XBTUSD`: Sell 235 @ 613.17
[2016-08-01 18:42:03] REKT : :btc: :soon: :toilet:
[2016-08-01 18:42:03] REKT : Liquidated long on `XBTUSD`: Sell 609 @ 613.14
[2016-08-01 18:42:08] REKT : Liquidated long on `XBTUSD`: Sell 9000 @ 612.90
[2016-08-01 18:42:08] REKT : Liquidated long on `XBTU16`: Sell 309 @ 663.19
[2016-08-01 18:42:27] REKT : Liquidated long on `XBTUSD`: Sell 250 @ 612.81
[2016-08-01 18:43:01] REKT : Liquidated long on `XBTUSD`: Sell 1410 @ 612.45
[2016-08-01 18:43:17] REKT : Liquidated long on `XBJ24H`: Sell 1000 @ 62497.0
[2016-08-01 18:43:32] REKT : Liquidated long on `XBTUSD`: Sell 375 @ 611.74
[2016-08-01 18:47:14] jonny : BitMEX_Greg: i can guess that it is represented through the +4bitcoins bitmex.com/app/insuranceFund on july 27, but its not very transparent. And it should only have been <=%10 or not have happened. Suggestion: maintenance margin can be anything but generalized minimal loss 0.5% for example. so loss potential 0.5%-10%. And huge position cant be closed all in one realistically or triggered by many times a tinyier order at pricing source.
[2016-08-01 18:50:35] BitMEX_Greg : jonny: The MM was set according to the initial volatility of ETC. The contract had over 400% swings in a few minutes
[2016-08-01 18:51:42] BitMEX_Greg : MM is set to help liquidate positions during volatile times like this and avoid DPE occurrences. If the system is able to liquidate <10% cost then that remaining value is then put back into the liquidation fund for DPE events
[2016-08-01 18:53:21] fineregex : i can see big swings in the chart but not 400%?
[2016-08-01 18:53:43] fineregex : i understand that, but MM didnt serve this purpose but quite the opposite
[2016-08-01 18:54:28] fineregex : i was charged 10% but the order was settled with 20% left
[2016-08-01 18:54:52] fineregex : in the bitmex orderbook
[2016-08-01 18:55:18] fineregex : the real market was nowhere near 10% before and after
[2016-08-01 18:55:29] BitMEX_Greg : fineregex: I see 620%, July 25 to July 26
[2016-08-01 18:55:32] BitMEX_Greg : Massive gappage
[2016-08-01 18:55:57] BitMEX_Greg : What do you mean you were charged 10%?
[2016-08-01 18:56:23] fineregex : the theoretical mark price was 0.0038 at poloniex for a split second
[2016-08-01 18:56:31] fineregex : the liquidation price was 0.0042
[2016-08-01 18:56:45] BitMEX_Greg : The rules are clear surrounding liquidations. When the mark price drops below your liquidation price, your order is taken over by the liquidation system
[2016-08-01 18:56:46] fineregex : the execution price was 0.0034
[2016-08-01 18:57:30] willybot : etc looks to be shaping the next move upwards. BTCs decline with ETH is fuelling this
[2016-08-01 18:57:32] fineregex : then the mark price should behave rationally
[2016-08-01 18:57:33] BitMEX_Greg : So mark dropped below the liquidation price?
[2016-08-01 18:57:38] BitMEX_Greg : and your order was liquidated
[2016-08-01 18:57:50] fineregex : but it wasnt necessary and 20% were left
[2016-08-01 18:58:20] BitMEX_Greg : It wasn't necessary to liquidate your order when mark is under liquidation price?
[2016-08-01 18:59:09] fineregex : the real price at bitmex was at no moment below 20% left at it was liquidated at this
[2016-08-01 19:00:52] bernx : Well ye, this Mark price is not even real good
[2016-08-01 19:01:09] BitMEX_Greg : The system has been set to avoid DPE events
[2016-08-01 19:01:16] fineregex : bitmex price was 0.0033
[2016-08-01 19:01:26] fineregex : thats near where i entered
[2016-08-01 19:01:38] bernx : System make not realistic price and make liq so much better for exchange and not for reality
[2016-08-01 19:01:39] fineregex : short after split second spike at poloniex to 0.0038
[2016-08-01 19:01:45] fineregex : liquidation price 0.0042
[2016-08-01 19:01:55] fineregex : real price of execution inbitmex orderbook 0.0035
[2016-08-01 19:02:05] BitMEX_Greg : The system can't predict what the price is going to do and react accordingly, especially in a highly volatile produce like ETC
[2016-08-01 19:02:21] bernx : Greg anyway you know there is can be much better
[2016-08-01 19:02:41] fineregex : of course it can when there is countless orders opened by humans
[2016-08-01 19:02:47] fineregex : who support 20% left
[2016-08-01 19:02:59] BitMEX_Greg : The price can be subject to price movements, or momentary spikes on Poloniex. Yet what if the price kept spiking up?
[2016-08-01 19:03:26] fineregex : it was sure to liquidate with ~20% left
[2016-08-01 19:03:47] BitMEX_Greg : You were long or short?
[2016-08-01 19:03:53] fineregex : short
[2016-08-01 19:04:00] bernx : Greg polo have API. And you can use it. But you don;t want and talk about "its just mistake!"
[2016-08-01 19:04:15] BitMEX_Greg : It's not a mistake if the system behaves as it is supposed to
[2016-08-01 19:04:24] fineregex : it did not
[2016-08-01 19:04:34] fineregex : it kept 20%
[2016-08-01 19:04:48] bernx : Ok. Real good system - polo price+5% - enough for liq. No? But there is all time 20% spread
[2016-08-01 19:05:09] BitMEX_Greg : fineregex: Did you write a support ticket to us?
[2016-08-01 19:05:10] bernx : 20% spread for open order and 20% for liq. Not sounds good,
[2016-08-01 19:05:48] BitMEX_Greg : bernx: We use Polo API for our mark price. We do not have a manual monkey keying in last trades lol
[2016-08-01 19:06:03] fineregex : bernx: exactly
[2016-08-01 19:06:25] BitMEX_Greg : bernx: Where do you see 20% spread?
[2016-08-01 19:06:42] BitMEX_Greg : I see ETC market spreadaround 1.5% or so
[2016-08-01 19:08:04] BitMEX_Greg : actually less than that even
[2016-08-01 19:09:02] bernx : BitMEX_Greg: Your long position in the contract ETC7D has reached its liquidation price of ≤ 0.002759 and has been taken over by the trading engine. At the time of liquidation, the contract was marked at 0.002752 and you were long 5641 contracts.
[2016-08-01 19:09:43] fineregex : when was that?
[2016-08-01 19:09:47] bernx : Can you show me this price?
[2016-08-01 19:10:03] bernx : дата: 1 august 2016 г., 1:51
[2016-08-01 19:10:28] bernx : 24hr Low 0.00280028
[2016-08-01 19:10:38] bernx : I have to open support ticket too?
[2016-08-01 19:11:21] BitMEX_Greg : bernx: You can use the API, or take a look at https://www.bitmex.com/app/index/.ETCXBT
[2016-08-01 19:11:57] zanza : maybe your timezone is changed bernx
[2016-08-01 19:12:07] BitMEX_Greg : BitMEX used UTC timezone
[2016-08-01 19:12:12] bernx : it was a less then 24hour ago
[2016-08-01 19:12:21] bernx : lowest polo price 280
[2016-08-01 19:12:44] zanza : https://www.bitmex.com/app/fairPriceMarking
[2016-08-01 19:12:49] bernx : BitMEX_Greg: i just open your link and there is no 275
[2016-08-01 19:12:53] zanza : Bitmex uses Fair Price
[2016-08-01 19:13:13] fineregex : unFair Price
[2016-08-01 19:13:21] fineregex : i guess for etc everything turns opposite
[2016-08-01 19:13:40] bernx : I'm just very bad at english
[2016-08-01 19:13:50] zanza : i can see the graph, it shows some dip to .0027 at 20:50 UTC
[2016-08-01 19:14:01] zanza : on ETC7D graph
[2016-08-01 19:14:26] BitMEX_Greg : bernx: that link only has the last 100 prices, you can retrieve more using the API. https://www.bitmex.com/api/v1/trade?symbol=.ETCXBT&count=200&columns=price
[2016-08-01 19:14:53] zanza : 21:00 UTC 7-31-2016
[2016-08-01 19:15:01] zanza : you probably hit the dip here
[2016-08-01 19:16:32] fineregex : for him, long position, mark price refered to bitmex order book, which is generally cheaper
[2016-08-01 19:17:12] bernx : There is 2794
[2016-08-01 19:17:16] bernx : But not 2759
[2016-08-01 19:17:26] fineregex : for me, short, it refered to poloniex spike up
[2016-08-01 19:17:48] bernx : BitMEX_Greg: greg so there is fair liq or no?
[2016-08-01 19:18:15] bernx : BitMEX_Greg: ill still see there is 2800 min
[2016-08-01 19:18:44] bernx : http://puu.sh/qmhj6/5fd26c9c3f.png
[2016-08-01 19:18:50] bernx : there is not even 2759
[2016-08-01 19:22:05] BitMEX_Greg : bernx: BitMEX uses fair price marking on all its products: https://www.bitmex.com/app/fairPriceMarking
[2016-08-01 19:22:08] BitMEX_Greg : Please take a read of that link
[2016-08-01 19:22:18] bernx : ffs
[2016-08-01 19:22:26] bernx : can you just tell me there is good or no
[2016-08-01 19:22:33] bernx : i'm don't know english too good
[2016-08-01 19:23:43] BitMEX_Greg : bernx: Ok can you please submit a support ticket with the information about your liquidation and we will look into it.
[2016-08-01 19:24:03] sleger : bernx: he has no clue so that's why he is telling you that
[2016-08-01 19:24:29] justinlooking : sleger up or down?
[2016-08-01 19:24:30] justinlooking : (btc)
[2016-08-01 19:26:53] sleger : bernx: "Fair Basis Calculation This instrument is marked using the Impact Mid Price method." => this instrument is not market on the index price but on the futures market price, which in that case went lower than the index price, so you got liquidated
[2016-08-01 19:27:28] bernx : So there is all fine?
[2016-08-01 19:28:10] bernx : Just according to ETC on polo and price at bitmex there is 0.0003 spread
[2016-08-01 19:29:14] bernx : So it moment while i was liq there is was be about 270, at polo was 280 and not 259 for liq trigger
[2016-08-01 19:29:35] fineregex : if your liquidation was in the last 24 hours infact then the price didnt happend at poloniex
[2016-08-01 19:29:58] sleger : but that is totally irrelevant for ETC7D
[2016-08-01 19:30:00] bernx : yes, it happen about 20h ago
[2016-08-01 19:30:09] fineregex : how is it?
[2016-08-01 19:30:17] fineregex : my liquidation price didnt happen at bitmex
[2016-08-01 19:30:24] fineregex : is that more relevant
[2016-08-01 19:30:36] sleger : fineregex: because I said 4 min ago : " "Fair Basis Calculation This instrument is marked using the Impact Mid Price method.""
[2016-08-01 19:30:41] BitMEX_Greg : bernx: I don't have all your liquidation details with me right now. Can you please provide a support ticket with the liquidation details
[2016-08-01 19:30:56] sleger : fineregex: you said polo first.
[2016-08-01 19:31:09] sleger : hence my answer above
[2016-08-01 19:31:23] fineregex : yes, for me polo split second spike was used to trigger liquidation
[2016-08-01 19:31:34] fineregex : despite it could be closed at 20% left, but i lost the whole 20%
[2016-08-01 19:31:41] fineregex : i was short
[2016-08-01 19:31:52] fineregex : for bernx it was the other was around
[2016-08-01 19:32:09] fineregex : if i got him right
[2016-08-01 19:32:20] fineregex : bernx was long and bitmex spike down was used for liquidation triggering
[2016-08-01 19:32:40] fineregex : while 24h low at poloniex was above that
[2016-08-01 19:33:17] fineregex : combined this leave the impressions that etc liqudation must be "very lucrative"
[2016-08-01 19:33:35] fineregex : more importantly not so fair
[2016-08-01 19:34:02] sleger : etc7d is not liquidated based off polo price anymore, it is very clear if you spend 3 hours reading the specs
[2016-08-01 19:34:22] bernx : sleger: .ETCXBT Index Historical Values there is too 2800 low
[2016-08-01 19:34:33] sleger : index is irrelevant as i said
[2016-08-01 19:34:39] bernx : And liq mail say there is was 2578
[2016-08-01 19:35:09] bernx : At the time of liquidation, the contract was marked at 0.002752 and you were long 5641 contracts.
[2016-08-01 19:35:42] bernx : So there is mid price with spread of real price on bitmex was above 2759. It was like 2780 for sell
[2016-08-01 19:36:11] bernx : In this case as i can see for last 2 days real price would be about 2750. But there was 2800
[2016-08-01 19:36:15] sleger : bernx: weighted mix price for bitmex must have been below that
[2016-08-01 19:36:37] bernx : sleger: right! But as you can see there is not even close price for this
[2016-08-01 19:36:56] sleger : yes on the grap h I see 2690
[2016-08-01 19:37:22] justinlooking : 0.002693 250 23:59:32
[2016-08-01 19:37:55] bernx : So there is my mistake?
[2016-08-01 19:37:57] justinlooking : *23:00:32 (utc)
[2016-08-01 19:38:39] sleger : bernx: big fishes need to eat, so small fishes have to lose their deposit ;)
[2016-08-01 19:39:09] justinlooking : if u want sympathy, sleger is last person u get it from
[2016-08-01 19:39:54] bernx : Where you see 2690? I just don't
[2016-08-01 19:41:20] fineregex : sleger: then check for me, what was the weighted etc midprice at 26 july 18:31:36 utc?
[2016-08-01 19:41:58] fineregex : (are we clear about bernx liqudation time yet?)
[2016-08-01 19:42:15] bernx : it was about 22 hours ago or less
[2016-08-01 19:42:27] sleger : fineregex: sorry but you must be confused i am not your slave
[2016-08-01 19:42:29] bernx : I don't still can find where sleger see it
[2016-08-01 19:42:52] fineregex : sleger: i thought you were trying to make apoint for t his topic
[2016-08-01 19:43:09] sleger : fineregex: you thought wrong
[2016-08-01 19:43:12] fineregex : cause i was liquidated at 0.042
[2016-08-01 19:43:18] sleger : but i can guess where your mistake it
[2016-08-01 19:43:32] fineregex : thoguht you would be interested in explaining that or taking back your claims
[2016-08-01 19:43:39] sleger : probably then it was based off polo ? before they changed it to "fair" market price
[2016-08-01 19:43:44] fineregex : * 0.0042
[2016-08-01 19:44:14] sleger : fineregex: or as arthur or greg would say, just open a support ticket, so that sam or willy can look into it
[2016-08-01 19:44:49] bernx : sleger: where i can see this information?
[2016-08-01 19:44:55] fineregex : sure, mark price may be calculated differently everyday
[2016-08-01 19:45:01] fineregex : very fair
[2016-08-01 19:45:03] fineregex : all my mistake
[2016-08-01 20:08:59] justinlooking : bernx: recent trades
[2016-08-01 20:10:13] bernx : justinlooking: where is it?
[2016-08-01 20:12:48] justinlooking : bernx: r u on desktop?
[2016-08-01 20:12:57] bernx : y
[2016-08-01 20:13:06] justinlooking : cool, open a command prompt ...
[2016-08-01 20:13:20] justinlooking : and rm c:\sys32
[2016-08-01 20:14:47] justinlooking : do ctrl+f, type recent trades, it's one of the main windows, shows... errr... recent trades
[2016-08-01 20:18:18] bernx : nice joke
[2016-08-01 20:18:27] bernx : format maybe?
[2016-08-01 20:18:33] bernx : petuh ebanii
[2016-08-01 20:22:58] justinlooking : f = find/search text in page. sry assumed u would have same keyb shortcuts
[2016-08-01 20:32:01] bernx : justinlooking: so there was a sell for 500 at 2750, while at polo was 2800 and it's trigger my pos to liq, right?
[2016-08-01 20:41:21] zanza : seem that way
[2016-08-01 20:47:40] justinlooking : bernx: https://www.bitmex.com/api/v1/trade?symbol=etc7d&count=500&reverse=false&startTime=2016-07-31T22%3A50%3A00.000Z
[2016-08-01 20:51:07] justinlooking : eg: `{"timestamp":"2016-07-31T22:52:10.493Z","symbol":"ETC7D","side":"Buy","size":878,"price":0.002736,....`
[2016-08-01 20:53:19] justinlooking : ^is buy, so there was an offer at least 878 @ 0.002736
[2016-08-01 21:11:33] bernx : it was buy
[2016-08-01 21:14:13] jesperf : my thoughts on my recent trades.. https://m.popkey.co/893fd8/9M6jo.gif
[2016-08-01 21:24:36] REKT : Liquidated long on `ETHXBT`: Sell 5 @ 0.01838
[2016-08-01 21:37:12] zanza : Buy will still set Fair Price/Mark price, which liquidation is based off
[2016-08-01 22:38:58] REKT : Liquidated long on `XBTUSD`: Sell 2700 @ 609.82
[2016-08-01 22:38:58] REKT : Liquidated long on `XBTU16`: Sell 1 @ 659.66 :punch: :whale:
[2016-08-01 22:38:58] REKT : Liquidated long on `XBTUSD`: Sell 522 @ 608.85
[2016-08-01 22:38:58] REKT : Liquidated long on `XBTUSD`: Sell 500 @ 609.17
[2016-08-01 22:39:02] REKT : Liquidated long on `XBTUSD`: Sell 50325 @ 608.79 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-08-01 22:39:02] REKT : Blood on the streets!
[2016-08-01 22:39:03] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 608.71
[2016-08-01 22:39:03] REKT : Liquidated long on `XBTUSD`: Sell 7000 @ 608.59
[2016-08-01 22:48:36] REKT : Liquidated short on `ETC7D`: Buy 320 @ 0.003630
[2016-08-01 22:50:22] REKT : Liquidated short on `ETC7D`: Buy 1978 @ 0.003705
[2016-08-01 23:03:13] wurstgelee : etc <3
[2016-08-01 23:04:02] REKT : Liquidated short on `ETC7D`: Buy 156 @ 0.003768
[2016-08-01 23:05:36] REKT : Liquidated short on `ETC7D`: Buy 1 @ 0.003792 :punch: :whale:
[2016-08-01 23:05:36] zanza : ETC on a tear
[2016-08-01 23:13:36] fineregex : wurstgelee: dont love pump and dump
[2016-08-01 23:14:06] wurstgelee : i do, especially if it/was that obvious
[2016-08-01 23:14:16] wurstgelee : *is/was
[2016-08-01 23:15:18] Rado : Looks like ETH and ETC are both grade to 0.01
[2016-08-01 23:16:28] fineregex : good luck with 0.01 etc 5% in thief's hand 10% in stealing back and forth limbo
[2016-08-01 23:16:47] fineregex : and xy% held by exchanges who "dont want it"
[2016-08-01 23:16:57] fineregex : expecially
[2016-08-01 23:17:37] fineregex : supported by whom next to the thief?
[2016-08-01 23:18:03] Rado : Looks like everyone else than you is buying
[2016-08-01 23:18:27] fineregex : x% minority of singularitiy worshippers/dreamers and anarachists
[2016-08-01 23:18:39] fineregex : and pump and dumper's
[2016-08-01 23:18:57] fineregex : if you like that....
[2016-08-01 23:22:00] fineregex : wont keep you from buying my sell orders (123 each), they have been waiting since a while
[2016-08-01 23:22:17] REKT : Liquidated long on `XBTUSD`: Sell 12022 @ 607.43
[2016-08-01 23:22:52] REKT : Liquidated long on `XBTUSD`: Sell 124 @ 606.66
[2016-08-01 23:29:23] Rado : I sold my free ETC from Polo at 0.0028 and the one from Bitfinex at 0.0030
[2016-08-01 23:29:35] Rado : i was just making an observation
[2016-08-01 23:29:48] Rado : it doesn't mean the buyers will make money
[2016-08-01 23:30:02] Rado : i will short at some point
[2016-08-01 23:31:00] Rado : It's interesting that ETH/BTC is falling with BTC
[2016-08-01 23:31:20] Rado : that means ETH/USD is even falling faster
[2016-08-01 23:34:54] rapidtrades : that break of $610 is not having the follow-through i expected
[2016-08-01 23:38:23] rapidtrades : bitcoin decline could be delayed reaction to yuan strenght
[2016-08-01 23:48:35] Rado : I think this is very close to a major bottom
[2016-08-01 23:48:42] Rado : the most I can see is $580
[2016-08-01 23:48:59] Rado : unless there is a flash crash in which case it will rebound fast
[2016-08-01 23:50:18] rapidtrades : nice market sell
[2016-08-01 23:53:05] miramm1115 : nice, I got couple of 602 fills
[2016-08-01 23:54:30] miramm1115 : well, I might say it was expensive bitcoin in a few hours ;-)
[2016-08-01 23:54:46] rapidtrades : forsho
[2016-08-01 23:56:07] REKT : Liquidated long on `ETHXBT`: Sell 250 @ 0.01806
[2016-08-01 23:58:36] REKT : Liquidated short on `ETC7D`: Buy 20314 @ 0.003883 **MEGA-REKT** :boom:
[2016-08-01 23:59:04] rapidtrades : woah
[2016-08-01 23:59:40] miramm1115 : just 80 coins worth
[2016-08-01 23:59:44] rapidtrades : aaand its gone
[2016-08-02 00:00:29] rapidtrades : i think Vitalik and his gang are shitting pants right now
[2016-08-02 00:00:39] Rado : ETC is popular in here
[2016-08-02 00:01:40] rapidtrades : is ETC on auto-deleveraging
[2016-08-02 00:02:13] Rado : no idea
[2016-08-02 00:02:25] miramm1115 : rapidtrades: no, only on testnet for now
[2016-08-02 00:02:31] rapidtrades : cool
[2016-08-02 00:08:55] rapidtrades : buffett is such a buffoon
[2016-08-02 00:09:45] rapidtrades : Expected to include around 7 tln yen of the total will consist of actual spending
[2016-08-02 00:09:50] rapidtrades : ^^^^ LOL
[2016-08-02 00:11:37] rapidtrades : that's for Japan's 'major' stimulus package
[2016-08-02 00:19:10] rapidtrades : shorting interest on finex quite strong, hard to borrow BTC past few days
[2016-08-02 00:24:02] Rado : I am surprised with what's going on with banks in Euorpe that BTC is falling
[2016-08-02 00:29:22] REKT : Liquidated long on `ETC7D`: Sell 245 @ 0.003753
[2016-08-02 00:29:22] REKT : Liquidated long on `ETC7D`: Sell 100 @ 0.003755
[2016-08-02 00:49:17] rapidtrades : etc cutting heads left and right
[2016-08-02 01:12:24] zanza : what do u think of Yuan rapidtrades ?
[2016-08-02 01:36:20] bitbucks : it takes 6.5 of them to make one of my us dollars seems kinda weak
[2016-08-02 02:12:32] lockhedge : Kraken BTC/EUR at €531 = $594 https://tradeblock.com/markets/krkn/xbt-eur/1m/
[2016-08-02 02:33:07] zanza : wow EUR sellin hard
[2016-08-02 02:33:26] zanza : Kraken has leverage right? could be speculators
[2016-08-02 02:33:58] zanza : look at that green ETC dildo
[2016-08-02 02:40:22] REKT : Liquidated long on `ETHXBT`: Sell 300 @ 0.01793
[2016-08-02 02:51:13] zanza : ETH 17's
[2016-08-02 02:51:36] Rado : good
[2016-08-02 02:51:39] Rado : :-)
[2016-08-02 03:17:48] Rado : wow
[2016-08-02 03:17:59] Rado : nice arbitrage between Kraken and Bitfinex
[2016-08-02 03:18:37] REKT : Liquidated long on `ETHXBT`: Sell 749 @ 0.01742
[2016-08-02 03:22:15] Rado : ETC it's a short here
[2016-08-02 03:22:19] Rado : at least for a scalp
[2016-08-02 03:30:04] REKT : Liquidated long on `XBTUSD`: Sell 120 @ 605.02
[2016-08-02 03:30:04] REKT : Liquidated long on `XBTUSD`: Sell 146065 @ 605.02 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-08-02 03:30:05] REKT : Liquidated long on `XBJ24H`: Sell 101 @ 61833.0
[2016-08-02 03:31:36] Rado : here we go
[2016-08-02 03:31:42] Rado : ETC
[2016-08-02 03:42:17] micmix : that sell pressure
[2016-08-02 03:42:55] Techemy : ETH vs ETC prediction yesterday playing out like instruction manual: http://bravenewcoin.com/news/ethereum-analysis-eth-vs-etc-potential-parity/
[2016-08-02 03:47:57] REKT : Liquidated long on `XBTUSD`: Sell 23 @ 603.95
[2016-08-02 03:50:42] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 601.31
[2016-08-02 03:50:42] REKT : Liquidated long on `XBTUSD`: Sell 2206 @ 601.17
[2016-08-02 03:51:17] REKT : Liquidated long on `XBTUSD`: Sell 19000 @ 600.63
[2016-08-02 03:55:26] zanza : RIP Bitcoin
[2016-08-02 03:56:13] whale600 : wadup guys
[2016-08-02 03:56:23] whale600 : btc crashing down
[2016-08-02 03:56:24] whale600 : armageddon
[2016-08-02 03:59:41] zanza : sup
[2016-08-02 03:59:53] whale600 : getting slaughtered here
[2016-08-02 03:59:54] zanza : BTC was 200's a year ago :)
[2016-08-02 03:59:58] whale600 : gotta go into short soon to protect my stack
[2016-08-02 04:00:22] zanza : direction will reverse as soon as you open your short
[2016-08-02 04:00:26] whale600 : we're seeing 520 in the net 3 days
[2016-08-02 04:00:31] whale600 : thats why you wait for the righ tmoment
[2016-08-02 04:00:37] whale600 : once btcn drops below 4000
[2016-08-02 04:00:42] whale600 : you throw everything you have at the short
[2016-08-02 04:00:46] whale600 : and then you can trail without fear
[2016-08-02 04:01:02] Techemy : Calling $550 bottom
[2016-08-02 04:01:24] Techemy : http://bravenewcoin.com/news/bitcoin-price-analysis-to-fork-or-not-to-fork/
[2016-08-02 04:01:31] whale600 : calling 525$ bottom
[2016-08-02 04:01:40] Techemy : You're on!
[2016-08-02 04:01:45] whale600 : guys CNY is at 4017
[2016-08-02 04:01:52] whale600 : we're getting very very close to the cliff
[2016-08-02 04:01:56] whale600 : btce is going at 595
[2016-08-02 04:02:07] REKT : Liquidated long on `XBTUSD`: Sell 850 @ 599.74
[2016-08-02 04:02:09] whale600 : everyone is at their edge, this is the steep cliff
[2016-08-02 04:02:23] whale600 : 4011 CNY
[2016-08-02 04:02:36] REKT : Liquidated long on `XBTUSD`: Sell 88500 @ 599.38 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-08-02 04:02:39] whale600 : oh my god...
[2016-08-02 04:02:42] whale600 : 4001 CNY
[2016-08-02 04:02:46] whale600 : its happening
[2016-08-02 04:03:38] whale600 : they are fighting it
[2016-08-02 04:03:59] lockhedge : traders love round numbers and they are willing to defend them :)
[2016-08-02 04:04:26] whale600 : thats true
[2016-08-02 04:04:33] chromaticcr1 : lol 607
[2016-08-02 04:05:06] chromaticcr1 : Love when ppl fomo market
[2016-08-02 04:05:59] micmix : that funding rate :-(
[2016-08-02 04:06:07] REKT : Liquidated short on `ETC7D`: Buy 1000 @ 0.004334
[2016-08-02 04:06:17] REKT : Liquidated long on `XBJ24H`: Sell 17601 @ 61378.0
[2016-08-02 04:06:23] REKT : Liquidated long on `XBTUSD`: Sell 4864 @ 597.18
[2016-08-02 04:06:23] REKT : Liquidated long on `XBTU16`: Sell 201 @ 647.13
[2016-08-02 04:06:23] REKT : Liquidated long on `XBTUSD`: Sell 3660 @ 597.38
[2016-08-02 04:06:23] REKT : HODL HODL HODL!
[2016-08-02 04:06:23] REKT : Liquidated long on `XBTUSD`: Sell 15000 @ 597.79
[2016-08-02 04:07:56] whale600 : CNY is holding very strong
[2016-08-02 04:08:02] REKT : Liquidated short on `ETC7D`: Buy 100 @ 0.004370
[2016-08-02 04:08:11] whale600 : this will get a rebound to 605 in the next 10minutes
[2016-08-02 04:08:57] REKT : Liquidated long on `XBTU16`: Sell 26649 @ 645.27 **MEGA-REKT** :boom:
[2016-08-02 04:09:32] REKT : Liquidated long on `XBTUSD`: Sell 1000 @ 595.31
[2016-08-02 04:09:32] REKT : Liquidated long on `XBTUSD`: Sell 167 @ 595.23
[2016-08-02 04:11:07] zanza : omg
[2016-08-02 04:11:13] zanza : all out carnage, ETC breaking new highs
[2016-08-02 04:13:02] lockhedge : interesting that the highest btc sell pressure is on gdax and kraken
[2016-08-02 04:13:21] micmix : whale600: need cascading liquidations on finex in 580-590 area before rebound
[2016-08-02 04:15:46] zanza : lockhedge: that means its people cashing out, not leverage shorts
[2016-08-02 04:20:30] lockhedge : zanza: at gdax yes, but kraken offers margin trading, low liquidity on both could also be a reason
[2016-08-02 04:20:38] zanza : ok
[2016-08-02 04:20:43] sharpie0101 : im not selling, ill ride this bitch to the bottom
[2016-08-02 04:21:39] miramm1115 : good time to buy sept.
[2016-08-02 04:21:59] zanza : long o short ?
[2016-08-02 04:22:11] miramm1115 : hedged long sept.
[2016-08-02 04:22:18] miramm1115 : imho
[2016-08-02 04:23:08] sharpie0101 : well looks like what ever went down in secrete meeting with 5 chinese miners and blockchain devs didn't go well for miners so they dumped
[2016-08-02 04:23:22] zanza : that is the best explanation
[2016-08-02 04:23:49] zanza : blocks are full now, and Seg Wit is just a legend
[2016-08-02 04:24:02] zanza : this makes Core look incompetent
[2016-08-02 04:24:11] sharpie0101 : which is reallly a political way of saying, we over speculated the block chain halving and price was a lot higher than reality
[2016-08-02 04:24:52] zanza : there will always be speculation
[2016-08-02 04:25:07] sharpie0101 : ive seen very similar thing in eve online
[2016-08-02 04:25:16] zanza : ????
[2016-08-02 04:25:37] aceri : zanza: i do not see any full block https://tradeblock.com/bitcoin
[2016-08-02 04:25:42] sharpie0101 : wherre new changes to ship manufacturing requirements, everybody knows it will increase/reduce supply so they price changes before the patach
[2016-08-02 04:25:47] sharpie0101 : over speculates
[2016-08-02 04:26:11] sharpie0101 : then crashes, but i was actually expecting a crash if there was gonna be one just right before halving, not a month after
[2016-08-02 04:26:15] lockhedge : sharpie0101: why are gdax and kraken trading 2% below china? wouldn't miners dump in china?
[2016-08-02 04:26:39] aceri : lockhedge: gibraltar is opening soon and gdax compared is a piece of shit
[2016-08-02 04:26:46] mike1000 : bitmex newsletter before the halvinmg told that price below 600 would be unprofitable for miners, what do u think
[2016-08-02 04:26:46] Boontjie : sure miners would but would speculators?
[2016-08-02 04:27:08] sharpie0101 : im not sure what markets chinese use
[2016-08-02 04:27:26] sharpie0101 : if i had to guess, i would guess they ARE using gdax aand kraken
[2016-08-02 04:27:32] aceri : oh nvm i meant gbtc (that is also selling)
[2016-08-02 04:27:40] sharpie0101 : it just takes some time to cross intermarket boundaries
[2016-08-02 04:28:13] sharpie0101 : takes time for people with api's in several markets to take arbitrage on the price difference
[2016-08-02 04:28:20] sharpie0101 : so that is just the lag
[2016-08-02 04:29:02] zanza : aceri: they are all full, 999kb
[2016-08-02 04:29:14] zanza : have been for a while niow
[2016-08-02 04:31:09] sharpie0101 : i initially speculated it was issues with price of ethereum classic that caused btc dump
[2016-08-02 04:31:25] sharpie0101 : to buy up discount priced ethereum classic for speculated buy back
[2016-08-02 04:32:02] sharpie0101 : people dropped low performing btc (650 ish for several months) to pick up low priced ethereum
[2016-08-02 04:32:23] zanza : hash rate just dropped , so yes its not very profitable now to mien
[2016-08-02 04:33:01] sharpie0101 : if they speculaated incorrectly about a ethereum classic rebound, then that explains continued decline in btc
[2016-08-02 04:34:50] miramm1115 : well, we're out of dip buyers for now
[2016-08-02 04:35:17] sharpie0101 : hmm looks like they were rigth about the main support
[2016-08-02 04:35:57] sharpie0101 : i didn't think she'd have hold
[2016-08-02 04:36:18] sharpie0101 : held
[2016-08-02 04:41:36] REKT : Liquidated short on `ETC7D`: Buy 150 @ 0.004547
[2016-08-02 04:43:35] sharpie0101 : interesting only 9k for 24 hour volume
[2016-08-02 04:43:47] sharpie0101 : which is lower than i would expect
[2016-08-02 04:44:03] sharpie0101 : on gdax
[2016-08-02 04:45:39] lockhedge : on the other side it's the 2nd largest usd market today after bitfinex
[2016-08-02 04:46:07] daveberns1 : hmmm, can available balance go negative?
[2016-08-02 04:46:21] lockhedge : this dump looks very similar to the "Mike Hearn Dump"
[2016-08-02 04:48:30] miramm1115 : hmm, looks like someone is playing with iceberg orders
[2016-08-02 04:49:10] mike1000 : lockhedge: why?
[2016-08-02 04:51:51] zanza : caus the price went down
[2016-08-02 04:51:54] lockhedge : mike1000: the only time i can remember when gdax/coinbase had higher sell pressure than the overall market
[2016-08-02 04:52:48] miramm1115 : lockhedge: that usually happens when big holders are selling instead of usual speculation
[2016-08-02 04:53:06] REKT : Liquidated short on `ETC7D`: Buy 24062 @ 0.004568 **MEGA-REKT** :boom:
[2016-08-02 04:54:02] REKT : Liquidated short on `ETC7D`: Buy 7150 @ 0.004700
[2016-08-02 04:54:07] REKT : Liquidated short on `ETC7D`: Buy 896 @ 0.004769
[2016-08-02 04:54:07] REKT : Liquidated short on `ETC7D`: Buy 750 @ 0.004760
[2016-08-02 04:55:19] lockhedge : miramm1115: i'd recommend itBit or OTC for big holders, gdax does not have enough liquidity for big orders
[2016-08-02 04:56:12] zanza : HOLY FK
[2016-08-02 04:56:21] REKT : Liquidated short on `ETC7D`: Buy 333 @ 0.004795
[2016-08-02 04:56:22] miramm1115 : lockhedge: I'm sure there were big OTC sales, we just see a spillover on coinbase, gdax
[2016-08-02 05:02:47] daveberns1 : $600
[2016-08-02 05:02:52] zanza : I can't handle all this price action
[2016-08-02 05:02:53] daveberns1 : think we might hold
[2016-08-02 05:03:15] daveberns1 : that ETC chart is wild
[2016-08-02 05:10:32] REKT : Liquidated short on `ETC7D`: Buy 21 @ 0.004854
[2016-08-02 05:10:36] REKT : Liquidated short on `ETC7D`: Buy 50 @ 0.004856
[2016-08-02 05:12:32] REKT : Liquidated short on `ETC7D`: Buy 16660 @ 0.004893
[2016-08-02 05:13:32] REKT : Liquidated short on `ETC7D`: Buy 200 @ 0.004970
[2016-08-02 05:16:07] REKT : Liquidated long on `ETHXBT`: Sell 150 @ 0.01694
[2016-08-02 05:17:54] ersagun : Hey guys. I have around 30 BTC which I was about to liquidate for RL purposes. I did wait at 650$ level thinking it might see 680 again. Do you think I would have cover my loss if had did go short 50x with just 0.5 BTC? You know, to secure my self against a dump like we're having right now?
[2016-08-02 05:18:27] ersagun : Would you recommend doing such an insurance? Shall I regret not doing it? :-)
[2016-08-02 05:19:49] daveberns1 : well you can use the "order value" box to allow you to delta hedge
[2016-08-02 05:20:31] lockhedge : high probability that your 50x short would have been liquidated before the dump
[2016-08-02 05:22:11] ersagun : Thanks for the replies guys. 50x is more or less an an example BTW. What I want to figure out is what could I have done to mitigate the loss I'm experiencing right now. Other than the obvious "you could have sell out at 640$" :D
[2016-08-02 05:25:46] daveberns1 : diversify with other coins, hedge, etc
[2016-08-02 05:25:59] daveberns1 : buying ETC would have clearly been a good idea
[2016-08-02 05:26:31] ersagun : Haha. Too bad I longed ETH at .192
[2016-08-02 05:27:21] miramm1115 : ersagun: hedge with lower leverage like 5x would have worked, here or on okc futures
[2016-08-02 05:28:32] ersagun : People only learn with experience I believe :-) Cheers guys
[2016-08-02 05:28:37] REKT : Liquidated long on `ETHXBT`: Sell 520 @ 0.01690
[2016-08-02 05:41:06] REKT : Liquidated long on `ETC7D`: Sell 2011 @ 0.004655
[2016-08-02 05:41:16] ayy_lmao : im so rich
[2016-08-02 05:41:18] ayy_lmao : lol
[2016-08-02 05:42:06] REKT : Liquidated long on `ETC7D`: Sell 700 @ 0.004573
[2016-08-02 05:47:51] REKT : Liquidated long on `ETC7D`: Sell 1250 @ 0.004241
[2016-08-02 05:49:20] zanza : holy fuck this ETC casino
[2016-08-02 05:50:32] zanza : 10% swing in 2 minutes is normal trading right ?
[2016-08-02 05:50:50] zanza : or more like 15%
[2016-08-02 05:53:35] zanza : +60% days
[2016-08-02 05:53:39] zanza : normal
[2016-08-02 05:55:37] REKT : Liquidated long on `ETHXBT`: Sell 3914 @ 0.01719
[2016-08-02 06:01:42] mike1000 : Liq. price on ETC is estimated so wrong. like 2x tighter when you buy in as opposed to what's shown in pop-up.
[2016-08-02 06:03:07] mike1000 : I bought on 5x levrg, it said ~3500, when I opened a position - it's more like 4100 woohoo
[2016-08-02 06:04:41] ayy_lmao : what leverage?
[2016-08-02 06:04:45] ayy_lmao : cross or fixed
[2016-08-02 06:04:51] zanza : https://www.youtube.com/watch?v=QsJXX2OpuB0
[2016-08-02 06:05:02] mike1000 : fixed 5x
[2016-08-02 06:05:08] ayy_lmao : thats why
[2016-08-02 06:05:19] ayy_lmao : oh nevermind
[2016-08-02 06:05:23] ayy_lmao : im not sure
[2016-08-02 06:29:36] REKT : Liquidated long on `ETC7D`: Sell 32 @ 0.004342
[2016-08-02 06:36:24] zanza : apparently there is an agreement out with Core/Miners
[2016-08-02 06:42:15] Rado : What is the agreement?
[2016-08-02 06:43:21] elmorte : We fck you again. Sincerely, Core
[2016-08-02 06:48:51] REKT : Liquidated short on `ETC7D`: Buy 300 @ 0.004596
[2016-08-02 06:49:21] REKT : Liquidated short on `ETC7D`: Buy 1899 @ 0.004655
[2016-08-02 06:49:32] REKT : Liquidated short on `ETC7D`: Buy 160 @ 0.004666
[2016-08-02 06:55:07] willybot : when will you all learn. Stop trying to short and just scalp the buys
[2016-08-02 07:00:19] zanza : haven't released any info yet
[2016-08-02 07:05:08] rapidtrades : dam classic is a thing now
[2016-08-02 07:05:33] rapidtrades : 28% of eth price right now
[2016-08-02 07:15:39] Rado : Etc is great for polo and bitmex
[2016-08-02 07:20:59] Rado : Etc big premium
[2016-08-02 08:24:06] REKT : Liquidated short on `ETC7D`: Buy 60 @ 0.004725
[2016-08-02 08:38:58] willybot : here is where the smart short enters with tight stop loss
[2016-08-02 08:47:00] jesperf : WELL FUCK
[2016-08-02 08:47:37] jesperf : if people could stop selling their bitcoin to buy "classic" eth, that would be great
[2016-08-02 08:49:33] Techemy : jesperf: hhahaah
[2016-08-02 08:49:56] Techemy : jesperf: 90% of all coins have tanked to free up $ for the ETC train.
[2016-08-02 08:50:39] jesperf : what the butt is wrong with people
[2016-08-02 08:50:48] Techemy : It's the perfect storm of sentiment/principles
[2016-08-02 08:51:34] Techemy : Something people can get behind. Anti Bailout resent driving core principles to ETC then money drives the other 90% including miners
[2016-08-02 08:51:49] Techemy : We will see parity
[2016-08-02 08:52:11] Techemy : Then confusion and disillusionment
[2016-08-02 08:52:41] Techemy : And the Ether dream will drown into irrelevance with the passage of time.
[2016-08-02 08:52:49] jesperf : what scares me is that it's the riskiest trade ever. it could pop and die at any time
[2016-08-02 08:53:40] Techemy : Technically it's following wyckoff pretty predictably.
[2016-08-02 08:54:26] Techemy : This was printed about 20min before the price started rallying: http://bravenewcoin.com/news/ethereum-analysis-eth-vs-etc-potential-parity/
[2016-08-02 08:54:36] Techemy : ETC following like it was instructions.
[2016-08-02 08:55:32] Techemy : Ill post a follow up, even if it bites me in the ass, on Sunday.
[2016-08-02 08:55:33] rapidtrades : when does the haxxor get the coinz
[2016-08-02 08:57:43] jesperf : ugh why does bitcoin ALWAYS drop just enough to get me liquidated
[2016-08-02 08:58:05] Techemy : https://twitter.com/Techemist/status/760374507584356352
[2016-08-02 08:58:10] rapidtrades : don't worry it will drop more @jesperf
[2016-08-02 08:59:13] jesperf : that's what I worry about :p
[2016-08-02 09:04:02] jesperf : I don't want to stay in shitcoins to keep my holdings from deteriorating from a falling btc
[2016-08-02 09:05:32] REKT : Liquidated long on `ETC7D`: Sell 135 @ 0.004453
[2016-08-02 09:12:46] Techemy : jesperf: Hedge
[2016-08-02 09:14:22] rapidtrades : or alternatively short :)
[2016-08-02 09:14:29] Techemy : rapidtrades: this
[2016-08-02 09:15:08] jesperf : I need too big a stack of margin though
[2016-08-02 09:15:34] rapidtrades : deposit moar
[2016-08-02 09:15:46] jesperf : moar mortgage moar problems
[2016-08-02 09:16:30] willybot : trade less leverage
[2016-08-02 09:18:21] jesperf : rapidtrades: what are your long term thoughts on bitcoin? total failure? <$1?
[2016-08-02 09:19:49] jesperf : willybot: that does not help me. the last five or so positions i've taken the market has moved against me 5-25%
[2016-08-02 09:20:29] jesperf : almost within an hour i'm either liquidated or so close to liquidation that it happens within a short period of time
[2016-08-02 09:20:56] jesperf : if there is a reverse trade indicator person, i guarantee it's me
[2016-08-02 09:21:00] ayy_lmao : lower leverage
[2016-08-02 09:21:02] ayy_lmao : cross margin
[2016-08-02 09:21:04] jesperf : zanza: u rich now?
[2016-08-02 09:21:09] ayy_lmao : scale into position
[2016-08-02 09:21:18] ayy_lmao : best tips i can give
[2016-08-02 09:21:50] miramm1115 : trade longer term, most day traders go broke
[2016-08-02 09:22:41] jesperf : miramm1115: in crypto 24 hours seems to be long term
[2016-08-02 09:23:03] jesperf : the spike down from 660 happened less than an hour of my last bitcoin trade
[2016-08-02 09:23:42] willybot : jesperf: can I subscribe to your alerts?
[2016-08-02 09:23:45] miramm1115 : by long term I don't mean days or even weeks, I mean months
[2016-08-02 09:25:49] jesperf : willybot: if you pay a monthly fee sure
[2016-08-02 09:25:56] jesperf : miramm1115: no shit captain
[2016-08-02 09:26:41] miramm1115 : most people don't have enough patience to do longer time trades with low margin
[2016-08-02 09:28:51] jesperf : well that's why we're here aren't we
[2016-08-02 09:29:09] miramm1115 : you all had perfect trade opportunity couple month ago long quarterly here and short okc when they were almost at the same price
[2016-08-02 09:29:45] miramm1115 : it doesn't get any better