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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-08-05 20:01:00] Rado : morons [2016-08-05 20:01:04] Rado : there is no best way [2016-08-05 20:01:09] Rado : they are stalling [2016-08-05 20:01:36] Rado : I think they know they are done and don't know how to admit it yet [2016-08-05 20:02:11] rapidtrades : theyre floating ideas to see which ones cause the least shit [2016-08-05 20:02:20] Rado : right [2016-08-05 20:02:42] Rado : anything short of we will give you all BTC back will bankrupt them [2016-08-05 20:03:01] Rado : giving the BTC back might bankrupt them as well, but at least there is a change to raise some money [2016-08-05 20:12:16] Rado : 570-580 is resistance for BTC [2016-08-05 20:12:30] Rado : not going to break it before any Bitfinex resolution [2016-08-05 20:19:37] rapidtrades : stalling followed by bankruptcy announcement [2016-08-05 20:20:00] rapidtrades : dunno if authorities will allow them to 'socialize' losses anyway [2016-08-05 20:20:56] rapidtrades : at this point lawyers have to get involved i think [2016-08-05 20:21:04] jesperf : some fools on reddit wanted to donate btc to them [2016-08-05 20:23:32] rapidtrades : yeah right [2016-08-05 20:30:16] Rado : ha ha [2016-08-05 20:30:22] Rado : I will not be against that [2016-08-05 20:30:36] Rado : crypto community to donate 120k BTC to bitfinex [2016-08-05 20:55:49] jesperf : okcoin is weird [2016-08-05 21:00:15] jesperf : someone is having fun painting with candles [2016-08-05 21:01:34] jesperf : let's see if they break 3780 any time soon now [2016-08-05 21:32:11] Rado : jesperf: break will be on the downside imo [2016-08-05 21:32:36] Rado : there is always some kind of re test [2016-08-05 22:15:00] Zyzz : Hey [2016-08-05 22:38:21] REKT : Liquidated short on `XBTUSD`: Buy 74138 @ 573.08 **EPIC REKT** :unamused: :confounded: :astonished: [2016-08-05 23:03:14] Zyzz : REKT: short? good luck with that one :D [2016-08-05 23:05:25] jesperf : Zyzz: REKT is a bot who posts to this chat whenever there are liquidations [2016-08-05 23:10:54] zanza : rumor is Bitfinex has not contacted ANY authorities. Zane refuses to say a single investigation body looking into the theft of customer funds [2016-08-05 23:14:01] Tetsuo : I am shocked! [2016-08-05 23:16:32] jesperf : Tetsuo: stop playing with electrical eels! [2016-08-05 23:17:20] Tetsuo : Rumor is that Finex never had enough real customer to lend 43mUSD . And most of those where madeup Finexbux created out of thin Air. This system was about to collapse---> publish a story of beein hacked and robbed. Source: Me [2016-08-05 23:18:09] jesperf : rumors are bad, they keep the price down [2016-08-05 23:18:17] jesperf : we want hard facts [2016-08-05 23:18:18] habibi : why 43m usd? [2016-08-05 23:20:04] Tetsuo : That was about the top of the crazy creddit Bubble over there last time I checked bfxdata.com which was about2_3 weeks ago. Could have been 2-3m more maybe [2016-08-05 23:22:21] Zyzz : btc up or down [2016-08-05 23:22:55] Tetsuo : To the core [2016-08-05 23:22:57] jesperf : seems like slowly up is the way right now [2016-08-05 23:23:37] jesperf : sneaking back until more killing news is released [2016-08-05 23:24:19] Tetsuo : jesperf: +1 [2016-08-05 23:24:28] Zyzz : jesperf: its always nice to get some coins on discount :) [2016-08-05 23:24:57] Tetsuo : Real discount Starts below 100$ [2016-08-05 23:26:01] Zyzz : Tetsuo: don't think we will se that anytime soon [2016-08-05 23:26:02] jesperf : it will not go that low. bitfinex is not that important to bitcoin [2016-08-05 23:26:37] jesperf : the market got really scared because it didn't know the gravity of it all. now it has a general ballpark figure and is adjusting accordingly [2016-08-05 23:27:57] jesperf : but bitfinex is not and will not be the last exchange to get hacked [2016-08-05 23:28:28] Zyzz : jesperf: hopefully the hacking will help on the security part [2016-08-05 23:29:11] jesperf : sure, it wakes everyone up and makes them realize it's an urgent matter [2016-08-05 23:29:29] jesperf : people are lazy. it's more fun raking in the trading fees than actually securing the site [2016-08-05 23:30:13] Zyzz : jesperf: how long have you used bitmex for? [2016-08-05 23:30:46] jesperf : but bitfinex was an especially sour apple. it was known that they were built upon a shady platform. people ignored it because americans needed somewhere to trade with leverage and short [2016-08-05 23:31:17] jesperf : Zyzz: I made my first deposit here in June last year [2016-08-05 23:32:17] Zyzz : jesperf: cool cool. What is your current trade position(s)? [2016-08-05 23:33:03] jesperf : i am long xbtusd [2016-08-05 23:33:24] Tetsuo : Who's next? Kraken, Poloniex or BTC-E? I think it might be BTC-E doin an exit scam. [2016-08-05 23:34:08] Zyzz : Tetsuo: lol [2016-08-05 23:45:45] jesperf : kim dotcom's idea is cool [2016-08-05 23:48:13] Zyzz : yepp [2016-08-05 23:51:22] ax : Tetsuo: bitmex? [2016-08-05 23:53:19] Rado : jesperf: what is his idea [2016-08-05 23:53:31] Rado : I don't understand what is the benefit to the user [2016-08-05 23:55:24] jesperf : Rado: https://www.reddit.com/r/Bitcoin/comments/4w83fk/kim_dotcom_on_twitter_every_megaupload_file/d65258u [2016-08-05 23:56:40] jesperf : this is also interesting: https://www.reddit.com/r/Bitcoin/comments/4vtuxo/bitfinex_security_breach_trading_will_be_halted/d662pre?context=3 [2016-08-05 23:57:18] Rado : it's an OK idea, but will never work [2016-08-05 23:57:25] Rado : no one will pay for downloads [2016-08-05 23:57:28] Zyzz : Rado: how come? [2016-08-05 23:57:42] Zyzz : Rado: 0.01$ for a dl is not mutch [2016-08-05 23:57:49] jesperf : plenty of people already pay for downloads at filesharing sites [2016-08-05 23:57:52] Rado : I know it's not [2016-08-05 23:57:59] Rado : but what kind of download? [2016-08-05 23:58:07] Rado : If we are talking about a movie for example [2016-08-05 23:58:16] Rado : first it's illegal and it will not cost 0.01 [2016-08-05 23:58:24] Zyzz : could be anything people upload. A-Z [2016-08-05 23:58:29] Rado : if we are talking about some stupid file then I will not pay 0.01 [2016-08-05 23:58:39] Zyzz : Rado: stupid file like what? [2016-08-05 23:59:02] Rado : give me an example for something that you would pay [2016-08-06 00:00:10] Zyzz : Rado: tell me the last time you downloaded some "stupid file" you downloaded from megaupload like sites. I would pay for movies, shows, programs etc. Pretty mutch anything i need to download from sites like that? [2016-08-06 00:00:34] Rado : that is the problem [2016-08-06 00:00:40] Rado : he can not sell you the movie for 0.01 [2016-08-06 00:00:45] Rado : because it's not his movie to sell [2016-08-06 00:01:00] Rado : so why would you pay for something illegal [2016-08-06 00:01:03] Rado : you already can do that for free [2016-08-06 00:01:18] Rado : if you want it legal you have to pay $5 [2016-08-06 00:02:11] Rado : if it's user generated content then it might work [2016-08-06 00:02:23] Zyzz : Rado: Did you even use Megaupload when it was out? [2016-08-06 00:02:25] Rado : but I don't think his site does that [2016-08-06 00:02:34] Rado : I never used Megaupload [2016-08-06 00:03:09] Zyzz : Rado: half of the things there was pirated/illegal. People are always looking for cheaper ways to get things. [2016-08-06 00:03:10] zanza : wont this just flood the network with small microtransactions? [2016-08-06 00:03:30] zanza : also, seems centralized, so wont the LEO shut it down ? [2016-08-06 00:04:31] Zyzz : zanza: i bet he got some plans. It seems positive. I like this tweet :D https://twitter.com/KimDotcom/status/761380995824168960 [2016-08-06 00:05:21] zanza : hmm [2016-08-06 00:05:45] Rado : lol [2016-08-06 00:05:46] jesperf : he has a solution for not flooding the network [2016-08-06 00:06:03] Rado : he has a big ego [2016-08-06 00:06:13] jesperf : also a really big tummy [2016-08-06 00:06:20] Zyzz : jesperf: +1 [2016-08-06 00:06:22] Rado : he thinks he will be responsible for BTC going to $2000 [2016-08-06 00:06:46] Rado : this is just advertising [2016-08-06 00:07:12] Zyzz : if you have not watched kim's music video yet check it out. its funny, https://www.youtube.com/watch?v=oDiili2Gs-0 [2016-08-06 00:53:28] jesperf : this is comedy gold: https://www.reddit.com/r/Bitcoin/comments/4wax6z/the_communication_from_bitfinex_so_far_has_been/d664ppg?context=3 [2016-08-06 01:02:48] negamax : hey guys what is withheld profit? [2016-08-06 01:03:22] zanza : its going to BitFinex victims fund [2016-08-06 01:04:11] jesperf : obviously [2016-08-06 01:07:41] zanza : BitMEX stands in solidarity with BitFinex. To show our support, we will be allocating half of all traders profits and putting them towards BitFinex victim fund. [2016-08-06 01:11:27] jesperf : All against must answer within five minutes. [2016-08-06 01:49:18] Skitrx : whales on bitstamp determned to keep the price up [2016-08-06 01:49:20] Skitrx : i don't get it [2016-08-06 02:07:03] zanza : I think China rules the market now [2016-08-06 02:18:51] rapidtrades : great now zane is saying 'update tonight' [2016-08-06 02:18:59] rapidtrades : meaning we won't see the site up tonight [2016-08-06 02:38:14] laisee : manana [2016-08-06 02:39:10] Mangalica : "tonight" as in "late EST" [2016-08-06 02:55:51] rapidtrades : woking on announcement right now...whatever that means [2016-08-06 03:21:00] willybot : would be good if we could arb bitmex [2016-08-06 03:21:18] willybot : some serious price lag on the ETC market [2016-08-06 03:52:34] sharpie0101 : price lag may mean the market is isolated from other markets [2016-08-06 03:54:50] Rado : sharpie0101: what does that mean [2016-08-06 03:58:26] willybot : its a huge discrepancy [2016-08-06 04:10:00] Rado : here is one theory [2016-08-06 04:10:13] Rado : someone is buying a lot of ETC spot [2016-08-06 04:10:18] Rado : and shorting here to hedge [2016-08-06 04:10:54] willybot : its costing them a lot of money in spread and will hurt when they need to cover [2016-08-06 04:11:12] Rado : they are not going to cover [2016-08-06 04:11:18] Rado : they want to make money with spot [2016-08-06 04:11:41] Rado : take ETC bak over 0.006 [2016-08-06 04:14:49] willybot : it only takes 50 btc to game this market, I think someones having a play [2016-08-06 04:16:44] willybot : Bitmex will kill his place if they allow blatant manipulation to run rampant on contracts [2016-08-06 04:28:17] smagin07 : why did my XBTU16 just rebalance? [2016-08-06 04:28:38] smagin07 : I thought it wasn't supposed to expire until October? [2016-08-06 04:36:56] smagin07 : are there any Admins here? [2016-08-06 04:45:28] AZZEK : yeah I have a feeling a whale is hedging a position by going short here... [2016-08-06 04:45:36] AZZEK : should be a wicked bounce when he gets called [2016-08-06 04:56:21] REKT : Liquidated short on `LTCXBT`: Buy 9689 @ 0.00644 [2016-08-06 05:09:08] Rado : smagin07: it rebalances every Friday [2016-08-06 05:29:27] REKT : Liquidated long on `XBTUSD`: Sell 18906 @ 562.14 [2016-08-06 05:31:25] ersagun : any idea about the sudden drop? [2016-08-06 05:37:32] subjective : ppl start to short, if BFX goes bankcorupt [2016-08-06 05:37:59] ersagun : don't you think it's a bit too late for that? :-) I still don't get how the price bounced back to 570 [2016-08-06 05:38:04] subjective : lucky, got out earlier this morning to watch the market. [2016-08-06 05:38:46] subjective : it's punching through 1H kumo cloud, probably drop more after 550 [2016-08-06 05:39:10] subjective : if BFX going to release some update in a few hours, then insider already have the knowledge. [2016-08-06 05:50:11] subjective : Blame china, they initiated this drop [2016-08-06 05:50:53] gg : any news from bfx? [2016-08-06 05:51:16] gg : i didnt see anything, so just the good ol OKC dump o clock [2016-08-06 05:51:23] gg : ? [2016-08-06 05:54:00] subjective : this is not over yet, RSI is lowest since 72 hours ago [2016-08-06 05:57:43] ersagun : gg: no, still preparing the announcement :-) [2016-08-06 05:58:50] gg : subjective, you suggesting oversold already? [2016-08-06 06:00:51] subjective : not over yet. [2016-08-06 06:02:07] mike1000 : subjective: what TF? [2016-08-06 06:03:05] subjective : once BFX goes bankrupt, then there are some dark time ahead of us. [2016-08-06 06:06:41] subjective : mike1000: what do you mean? [2016-08-06 06:07:16] mike1000 : subjective: which time frame do you look for the lowest Rsi? 1H? [2016-08-06 06:07:59] subjective : both 1h/15m [2016-08-06 06:08:42] subjective : since the dump, it's rather low 1h (RSI 38) [2016-08-06 06:22:18] subjective : Zane's latest Reddit comment "I realize that missing this deadline again is not good" [2016-08-06 06:23:10] bernx : One of the biggest exchange, lol [2016-08-06 06:29:55] subjective : who is going to short BFX announcement? [2016-08-06 06:33:14] rapidtrades : is the announcement now or after they wake up [2016-08-06 06:34:25] rapidtrades : I tried to get everything ready tonight, but everything still needs to go through final review. My sincere apologies'' [2016-08-06 06:34:56] rapidtrades : looks like ahole needs another 'good night sleep' [2016-08-06 06:35:26] subjective : he copy & pasted to a bunch of threads, he seems very tired. [2016-08-06 06:35:47] rapidtrades : i hope he gets cancer [2016-08-06 06:37:22] subjective : that is not very nice [2016-08-06 06:39:16] lockhedge : it's not zane's fault, the bosses made a decision about the next steps, he drafted a statement, now it has to be "reviewed" (probably their lawyers couldn't give a green light yet) [2016-08-06 07:19:31] rapidtrades : yeah they've gone to bed now [2016-08-06 07:19:39] rapidtrades : feck them all [2016-08-06 07:41:05] bernx : nice short on low ETH [2016-08-06 07:44:23] zanza : rofl rapidtrades [2016-08-06 07:44:36] zanza : i got crush on SPY today [2016-08-06 07:48:37] REKT : Liquidated long on `ETHXBT`: Sell 10 @ 0.01859 [2016-08-06 07:51:22] REKT : Liquidated long on `ETHXBT`: Sell 80 @ 0.01844 [2016-08-06 07:52:28] rapidtrades : zanza: stop shorting :) [2016-08-06 07:52:40] zanza : i can't stop [2016-08-06 07:52:46] zanza : need to recoup loss [2016-08-06 07:53:14] rapidtrades : that;s a good way to go broke my friend [2016-08-06 07:58:40] zanza : ETC making a break to 50 ? [2016-08-06 08:00:44] zanza : https://i.redditmedia.com/BVYA-nEYJ8mZPegNifZzwLogrJjaVfpBQKKH3eM4KwE.png?w=640&s=efcd6719c2dbdaed5f8fed6ab2e1cbc9 [2016-08-06 08:01:00] bernx : zanza: ahahah [2016-08-06 08:17:36] rapidtrades : i don't see how they can legally socialize anything after touting ''segregated wallets'' for so long [2016-08-06 08:18:01] rapidtrades : seems like an easy lawsuit to win [2016-08-06 08:19:28] zanza : sounds like they are just stalling now to possible clean up their tracks [2016-08-06 08:20:01] rapidtrades : maybe stamp's investor whoever that is can step in [2016-08-06 08:20:09] rapidtrades : or coinbase...they have shitton of cash [2016-08-06 08:20:42] zanza : coinbase just had to raise fees, I don't think they have lot of cash [2016-08-06 08:20:50] zanza : other than VC/investment [2016-08-06 08:21:00] rapidtrades : a LOT of vc invstment [2016-08-06 08:21:05] rapidtrades : isn't it over 100mil [2016-08-06 08:21:20] rapidtrades : https://www.reddit.com/r/bfxvictims/comments/4w987w/state_of_bfx_losses/ [2016-08-06 08:21:30] rapidtrades : guys there saying finex made 1-2 mil gross [2016-08-06 08:21:43] zanza : per month ? [2016-08-06 08:21:47] rapidtrades : yea [2016-08-06 08:22:09] zanza : 5 years recoup time [2016-08-06 08:22:10] zanza : lol [2016-08-06 08:22:15] rapidtrades : that's ntohing [2016-08-06 08:22:25] zanza : except, no one will trade there again [2016-08-06 08:22:29] rapidtrades : plus they'll add a shitton of voume [2016-08-06 08:22:33] zanza : ADD??? [2016-08-06 08:22:34] rapidtrades : no man, coinbase [2016-08-06 08:22:52] rapidtrades : take it over, fire everyone [2016-08-06 08:22:56] zanza : oh, um the thing is Coinbase is SUPER compliant [2016-08-06 08:23:04] rapidtrades : fair point [2016-08-06 08:23:07] zanza : and Finex was pretty shoestring [2016-08-06 08:23:22] zanza : idk, maybe if they can buy it for super cheap [2016-08-06 08:23:29] rapidtrades : like 1 dollah [2016-08-06 08:23:43] zanza : well, we will see [2016-08-06 08:24:08] rapidtrades : either that or get sued [2016-08-06 08:25:09] zanza : maybe, they are out of British Virgin Islands [2016-08-06 08:25:29] rapidtrades : monthly volume looks around 600k [2016-08-06 08:25:32] zanza : whos gunna fly there ? :) [2016-08-06 08:26:45] rapidtrades : so that's 500k [2016-08-06 08:26:57] rapidtrades : in fees bullpark [2016-08-06 08:27:13] rapidtrades : dunno how they're coming up with 1-2mil [2016-08-06 08:29:21] elmorte : inside trading [2016-08-06 08:29:50] zanza : Finex gunna make statement soon [2016-08-06 08:29:51] rapidtrades : no dummy the ppl in that thread [2016-08-06 08:30:00] rapidtrades : zanza: they're sleeping man [2016-08-06 08:31:11] rapidtrades : in that thread they're saying finex made 1-2mil per month [2016-08-06 08:31:16] elmorte : don't you knock my popular answer [2016-08-06 08:31:40] elmorte : I had a dream that finex came back online... [2016-08-06 08:32:11] elmorte : and my ETH went from 17 to 19 so I was rich... [2016-08-06 08:32:20] rapidtrades : acutally it is 1 mil [2016-08-06 08:32:28] rapidtrades : cos both sides pay the fee [2016-08-06 08:32:43] elmorte : .14/.24 iirc [2016-08-06 08:32:47] rapidtrades : around 600k-1mil depending on limit/market [2016-08-06 08:33:44] rapidtrades : and they have like 5 employees [2016-08-06 08:34:28] rapidtrades : 1 PR guy, Phil in the back office and 1 coder [2016-08-06 08:34:32] rapidtrades : 2 CEOs [2016-08-06 08:35:29] elmorte : I bet you it was Phil [2016-08-06 08:35:33] elmorte : That fckin guy... [2016-08-06 08:36:53] rapidtrades : 9 out of 10 inside jobs are performed by a guy named Phil [2016-08-06 08:36:58] rapidtrades : FACT [2016-08-06 08:37:29] habibi : rapidtrades: 24 employeers u ignorant [2016-08-06 08:38:20] rapidtrades : habibi: F*CK U AND YOUR WHORE MONTHER [2016-08-06 08:38:25] rapidtrades : *mother [2016-08-06 08:38:36] habibi : i see nothing changed :) [2016-08-06 08:38:38] elmorte : ah that's more like it. [2016-08-06 08:39:04] rapidtrades : even if its 24...how much are they paying them? 5 dollah? [2016-08-06 08:39:40] rapidtrades : so $120 dollah total...that leaves 599,880 - 999,880 dollah [2016-08-06 08:42:22] rapidtrades : im guessing they don't want to get take over...seems like an easy play for coinbase [2016-08-06 08:42:38] rapidtrades : or some chinese site...they're swimminng in dollah [2016-08-06 08:44:49] zanza : If Finex is shutting down, I think they are trying to decide if they should just pocket ALL funds [2016-08-06 08:45:03] zanza : and let courts sell the company [2016-08-06 08:45:50] rapidtrades : i don't think they're shutting down....aholes want to keep their jobs [2016-08-06 08:46:30] rapidtrades : 5 year to get back ur investment is not a lot for businesses..they're an easy takeover target [2016-08-06 08:48:47] zanza : why is negative premium here? [2016-08-06 08:48:57] zanza : big price drop coming ? [2016-08-06 08:49:04] rapidtrades : because sentiment is negative [2016-08-06 08:49:13] rapidtrades : been this way for days now since finex [2016-08-06 08:49:47] zanza : heavy shorts could mean insider info [2016-08-06 08:49:51] rapidtrades : okc futures also at discount [2016-08-06 08:50:27] rapidtrades : i think it's just sentiment shot...biggest USD exchange is down [2016-08-06 08:50:55] rapidtrades : it wasn't an obvious scam like gox so many ppl could quit crypto over this [2016-08-06 08:50:59] justinlooking : rqbid, y u dislike itbit? [2016-08-06 08:51:42] rapidtrades : who? [2016-08-06 08:52:44] zanza : eh, i saw how many problems that place had [2016-08-06 08:52:54] zanza : never was interested to trade there [2016-08-06 08:56:56] rapidtrades : man i had 3 btc just sitting on finex in my exchange wallet...not even needed for margin [2016-08-06 08:57:27] rapidtrades : complete waste...too lazy to withdraw them or what...didn't want to spend the fee? [2016-08-06 09:05:41] elmorte : "sometime not having a position is a position itself" [2016-08-06 09:07:51] rapidtrades : wtf elmorte [2016-08-06 09:08:50] rapidtrades : told u the ahole is sleeeping [2016-08-06 09:09:07] rapidtrades : this is one big joke for them...just trying to keep their jobs [2016-08-06 09:09:11] rapidtrades : THEY ALL NEED TO GO [2016-08-06 09:10:42] zanza : the CEO is unknown lcation, hes a ghost [2016-08-06 09:11:49] rapidtrades : wish i had sue money [2016-08-06 09:12:03] rapidtrades : who's planning to join a class action lawsuit [2016-08-06 09:12:33] elmorte : I don't think I'm verified [2016-08-06 09:12:43] rapidtrades : doesn't matter [2016-08-06 09:12:53] rapidtrades : you have a claim [2016-08-06 09:13:21] elmorte : This is only if they declare bankruptcy? [2016-08-06 09:13:30] rapidtrades : no [2016-08-06 09:14:05] elmorte : The wtf are they gonna pay from? This is their principal business [2016-08-06 09:14:21] rapidtrades : their bank accounts? houses? idk [2016-08-06 09:14:21] elmorte : It's not like they have another hustle they can pull money from [2016-08-06 09:14:31] rapidtrades : gross negligence is a thing [2016-08-06 09:14:38] elmorte : If they have money in the bank then it will be in our accounts [2016-08-06 09:14:46] rapidtrades : yeah, right [2016-08-06 09:14:53] elmorte : true, but worth it only if they have the funds to pay [2016-08-06 09:15:07] elmorte : if they don't, it's beating a dead horse [2016-08-06 09:15:21] rapidtrades : only one way to find out :) [2016-08-06 09:15:32] elmorte : I'll get my bat [2016-08-06 09:15:45] rapidtrades : :) [2016-08-06 09:21:30] rapidtrades : guys [2016-08-06 10:26:51] REKT : Liquidated short on `ETC7D`: Buy 11 @ 0.004739 [2016-08-06 10:37:15] bernx : 490 polo, still 475 here fuuuuu [2016-08-06 10:38:30] habibi : don't worry, guess big shorter here will be liquidated if we push higher so we can actually get some premium [2016-08-06 10:39:03] bernx : but same spread for eth [2016-08-06 10:45:49] bernx : Why whales try hold eth price this level? [2016-08-06 10:49:02] TheMightyX : liquidity is so low here... [2016-08-06 10:51:22] lockhedge : bernx: if market makers can't dynamically hedge their long position (short at polo if they have a long position here), they will quote at a discount when they are long to reduce inventory risk [2016-08-06 10:52:07] bernx : ye. but then tjere ypu can play only with 5-10% moves, which so riky because crypto [2016-08-06 11:07:57] jesperf : doo doo doo who lost half a bitcoin because of cowardness [2016-08-06 11:08:01] jesperf : I doood [2016-08-06 11:08:40] jesperf : sneaky chinese dumpers [2016-08-06 11:13:16] REKT : Liquidated short on `XBJ24H`: Buy 2000 @ 58432.0 [2016-08-06 12:00:12] REKT : Liquidated short on `LTCXBT`: Buy 9189 @ 0.00651 [2016-08-06 12:04:12] bernx : ETC polo:: 500 There : 4800 [2016-08-06 12:04:19] bernx : Nice one just as always [2016-08-06 12:05:14] kingjay36 : no rekt shorts yet? [2016-08-06 12:05:40] habibi : wait for it [2016-08-06 12:05:49] bernx : same price there on etc was already 2.5hours ago [2016-08-06 12:06:06] bernx : 505 [2016-08-06 12:06:18] kingjay36 : still up 100% with price difference [2016-08-06 12:54:07] REKT : Liquidated long on `ETC7D`: Sell 1400 @ 0.004645 [2016-08-06 14:21:50] bernx : Bitmex you are here? [2016-08-06 14:22:28] rapidtrades : I'm here :) [2016-08-06 14:22:46] rapidtrades : zane still sleeping [2016-08-06 14:22:49] rapidtrades : f*cking jew [2016-08-06 14:23:03] bernx : did you alreade learn about ponzi at BFX? [2016-08-06 14:23:12] rapidtrades : no do share [2016-08-06 14:24:49] bernx : https://www.cryptocoinsnews.com/bitfinexs-ceo-seemingly-tried-start-ponzi-scheme/ [2016-08-06 14:26:32] bernx : THIS make me annoing for real. WTF? mark price 1:1 at polo, and this about liq my position [2016-08-06 14:26:43] bernx : But there is 1835 on ETH [2016-08-06 14:27:19] bernx : So there is so big spread and liq price = market real price [2016-08-06 14:27:21] bernx : Nice one [2016-08-06 14:27:42] rapidtrades : yeah that sucks [2016-08-06 14:27:47] jesperf : yes, you're really annoying [2016-08-06 14:27:50] rapidtrades : another frenchman doing an exit scam [2016-08-06 14:28:05] rapidtrades : first mark now this jew [2016-08-06 14:30:21] rapidtrades : is mark still in jail or out now? [2016-08-06 14:30:36] rapidtrades : japs were slow but they wised up to his BS [2016-08-06 14:30:39] jesperf : he was released on bail [2016-08-06 14:30:56] rapidtrades : was it in bitcoins? [2016-08-06 14:31:32] rapidtrades : 1000 frapachinos? [2016-08-06 14:31:42] jesperf : he loved them long time [2016-08-06 14:32:01] rapidtrades : fat f*ck [2016-08-06 14:32:05] jesperf : he's prohibited from leaving japan though [2016-08-06 14:32:15] rapidtrades : i hope he's gonna be someone's bitch in jail [2016-08-06 14:33:15] rapidtrades : 9 f*cking hours [2016-08-06 14:33:47] rapidtrades : no guilty conscience for this f*Cker [2016-08-06 14:33:53] jesperf : japanese prisons don't seem very hospitable [2016-08-06 14:34:05] rapidtrades : i hope he died in there [2016-08-06 14:34:12] rapidtrades : he seems like a sociopath [2016-08-06 14:34:21] jesperf : nah, death would be sweet release [2016-08-06 14:34:42] jesperf : they can keep him locked up [2016-08-06 14:34:56] rapidtrades : he's one of those ppl that will never feel remorse [2016-08-06 14:36:31] jesperf : smells like i don't exactly have gordon ramsay for a neighbor [2016-08-06 14:36:57] rapidtrades : in one of zane's last posts he kinda hinted at ALL BTCUSD traders paying the price [2016-08-06 14:37:02] rapidtrades : previously it was longs only [2016-08-06 14:37:21] rapidtrades : that will prolly spread the loss but hurt me personally much harder [2016-08-06 14:38:09] rapidtrades : sleger: got sue money? [2016-08-06 14:38:52] jesperf : they are probably both prepping the business for a possible resurrection and stuffing their mattresses in case they are forced to jail for some time [2016-08-06 14:38:54] bernx : Some guys make call to BFX lawyer [2016-08-06 14:38:55] rapidtrades : he need to get a class action lawsuit going [2016-08-06 14:39:06] bernx : Lawyers office has an automated message [2016-08-06 14:39:12] rapidtrades : are u srs? [2016-08-06 14:39:13] bernx : :D [2016-08-06 14:39:31] bernx : Finex lawyer: Stuart Hoegner, General Counsel, iFinex Inc., 13/F, 1308 Bank of America Tower, 12 Harcourt Road, Central, Hong Kong, E: stu@bitfinex.com, T: +1 416 545 0001. [2016-08-06 14:39:31] rapidtrades : lemme try what's the number [2016-08-06 14:39:35] rapidtrades : cool [2016-08-06 14:39:55] rapidtrades : and what's the thingy for HK? [2016-08-06 14:40:00] rapidtrades : is it actually 1 lol [2016-08-06 14:40:33] jesperf : +1 is USA [2016-08-06 14:40:41] rapidtrades : but says HK... [2016-08-06 14:40:48] rapidtrades : what are they doing [2016-08-06 14:41:58] rapidtrades : it's prolly a skype number [2016-08-06 14:42:31] bernx : there lawyer is from the US [2016-08-06 14:43:14] rapidtrades : i called but forgot to put on headset [2016-08-06 14:43:48] rapidtrades : it's showing me canada not US [2016-08-06 14:43:55] rapidtrades : on skype [2016-08-06 14:44:29] bernx : https://www.reddit.com/r/Bitcoin/comments/4w5fdz/collection_of_relevant_bitfinex_corporate/ [2016-08-06 14:44:44] jesperf : US and Canada have the same prefix [2016-08-06 14:44:57] rapidtrades : wtf [2016-08-06 14:45:11] rapidtrades : WHY IS THEIR NUMBER IN CANADA [2016-08-06 14:45:41] rapidtrades : like i said prolly a cheap skype number...what a joke of a company [2016-08-06 14:46:09] jesperf : because mr stu is a canuck [2016-08-06 14:46:22] jesperf : "Stuart Hoegner is an international cryptocurrency and gaming lawyer and accountant in Canada" [2016-08-06 14:46:32] rapidtrades : accountant... [2016-08-06 14:46:49] rapidtrades : man i hope someone sues...this guy will be fried in court [2016-08-06 14:49:09] rapidtrades : if they split it among everyone will the cut be smaller....cos vast majority were short [2016-08-06 14:49:16] rapidtrades : they're always short 90% [2016-08-06 14:49:28] rapidtrades : so won't help much but will f*ck us shorts [2016-08-06 14:49:55] rapidtrades : i mean vast majority are always long there [2016-08-06 14:51:24] rapidtrades : [–]zanetackett[S] -7 points 10 hours ago [2016-08-06 14:51:52] rapidtrades : how much sleep do u need f*cko [2016-08-06 14:52:01] jesperf : yeah something is fucky [2016-08-06 14:53:06] rapidtrades : they're doing announcement today but doubt site will be up [2016-08-06 14:53:07] jesperf : people won't buy this "tonight EST...... late EST" any more [2016-08-06 14:53:13] rapidtrades : maybe monday [2016-08-06 14:56:19] rapidtrades : https://www.reddit.com/r/Bitcoin/comments/4wg17j/waiting_on_zane_be_like/ [2016-08-06 14:56:58] bernx : should i close eth short 1818? [2016-08-06 14:57:14] bernx : bitmex fuck me up [2016-08-06 14:59:08] rapidtrades : dude stop trading short term, problem solved [2016-08-06 14:59:10] jesperf : bernx: it's difficult to trade some contracts here with low liquidity [2016-08-06 14:59:39] bernx : ye, just press button and buy order dissapear from 1840 to 1818 [2016-08-06 14:59:56] rapidtrades : yeah it sucks [2016-08-06 15:00:01] rapidtrades : smtimes that happens [2016-08-06 15:00:06] jesperf : happened to me a lot of times too [2016-08-06 15:00:24] bernx : ye. and there is trouble bitmex mark price 1835 and polo price (mark price) 1858 [2016-08-06 15:00:26] rapidtrades : dunno if its a glitch or some 'last look' deal with MMers [2016-08-06 15:00:40] bernx : this is why i hate bitmex [2016-08-06 15:01:03] jesperf : i just think it's so much slower to place an order via UI rather than the API [2016-08-06 15:01:22] bernx : my liq price at 1881 [2016-08-06 15:01:25] bernx : this is so bad [2016-08-06 15:02:01] habibi : don't worry, i will short on ur liquidation [2016-08-06 15:02:07] bernx : :< [2016-08-06 15:02:12] jesperf : bernx: put in more margin [2016-08-06 15:02:16] jesperf : it will go down again [2016-08-06 15:02:18] rapidtrades : if my Liq price is close I usually get out to avoid paying the extra % [2016-08-06 15:02:50] bernx : 4h looks like we go down, but 5m about bullish . dunno what to do [2016-08-06 15:03:10] rapidtrades : idk maybe cut ur size in half [2016-08-06 15:03:36] rapidtrades : u should plan when to get out BEFORE you get in [2016-08-06 15:03:50] justinlooking : get out 50 [2016-08-06 15:03:53] justinlooking : *% [2016-08-06 15:04:23] habibi : u use whole account to play single position? [2016-08-06 15:04:25] bernx : will do soon if nothing change [2016-08-06 15:04:39] bernx : just fucked with pos place [2016-08-06 15:04:39] subjective : bernx: BTC? [2016-08-06 15:04:45] bernx : ETH [2016-08-06 15:05:31] jesperf : eth and etc is a risky business for sure [2016-08-06 15:05:51] subjective : bernx: 15m and 2h tells diff story.. [2016-08-06 15:05:55] jesperf : i swung up and down like crazy, now i'm back at break even and learned my lesson [2016-08-06 15:05:59] bernx : same for 5m and 4h [2016-08-06 15:06:01] rapidtrades : i've taken 2 shorts in ETH this year...both times made only small amount of $$$ [2016-08-06 15:06:11] rapidtrades : compared to my risk [2016-08-06 15:06:27] rapidtrades : vicious short covering on that pair [2016-08-06 15:06:38] rapidtrades : not sure if its manipulated or what [2016-08-06 15:07:08] bernx : My indicators show it's like bullish 5m [2016-08-06 15:07:18] bernx : but there is no price change [2016-08-06 15:07:46] bernx : So if it don't wanna go up, then it will go down. I hope [2016-08-06 15:08:26] rapidtrades : if bitcoin goes down, eth may go up [2016-08-06 15:08:30] subjective : bernx: Bitmex movement is a bit behind [2016-08-06 15:08:49] rapidtrades : usually does altho it crashed on bitfinex too [2016-08-06 15:10:04] subjective : if ETH doesn't break now, it might complete the descending triangle/wedge then break [2016-08-06 15:11:17] rapidtrades : yeah they're definitely making the decision now [2016-08-06 15:11:32] rapidtrades : prolly weighting how much shit their floated ideas got past few days [2016-08-06 15:11:47] bernx : woohoo [2016-08-06 15:12:06] rapidtrades : what... [2016-08-06 15:12:35] bernx : Na, still don't wanna fall [2016-08-06 15:13:22] bernx : http://webcache.googleusercontent.com/search?q=cache:QodhXDQDsW0J:https://www.bitfinex.com/security_policy&num=1&hl=en&gl=us&strip=0&vwsrc=0 [2016-08-06 15:13:25] bernx : read this [2016-08-06 15:13:29] bernx : looks like BFX scam [2016-08-06 15:15:16] rapidtrades : Only holds minimal amounts (~0.5% of customer funds) [2016-08-06 15:15:20] rapidtrades : bitgo wallet [2016-08-06 15:15:25] rapidtrades : like wtf.... [2016-08-06 15:15:37] rapidtrades : how low does this rabbit hole go [2016-08-06 15:16:13] bernx : 1) There is inside job [2016-08-06 15:16:19] bernx : 2) There is ton's of lie [2016-08-06 15:16:22] rapidtrades : Multi-sig Hot wallet [2016-08-06 15:16:24] bernx : 3) there is lawyer [2016-08-06 15:16:32] rapidtrades : so there was a hot wallet like we all thought [2016-08-06 15:16:33] bernx : 4) there is silence [2016-08-06 15:17:01] rapidtrades : when is that cache from [2016-08-06 15:17:46] bernx : Jul 28, 2016 05:27:22 GMT. [2016-08-06 15:18:06] rapidtrades : motherf*ckers [2016-08-06 15:18:25] rapidtrades : so first they lie then they delete their lies [2016-08-06 15:18:34] rapidtrades : what's that page now [2016-08-06 15:20:12] rapidtrades : now everything redirects to their updates [2016-08-06 15:22:19] bernx : looks like bot hold eth price [2016-08-06 15:26:49] rapidtrades : man this waiting is killing me [2016-08-06 15:26:53] WhiteJacket : are any of you using bots guys? [2016-08-06 15:27:02] rapidtrades : yeah i will soon [2016-08-06 15:27:07] rapidtrades : once i learn python [2016-08-06 15:27:22] WhiteJacket : can i ask which kind of strategy? [2016-08-06 15:27:38] rapidtrades : prolly market making [2016-08-06 15:28:54] WhiteJacket : interesting [2016-08-06 15:29:04] WhiteJacket : do you thing there are many bots like that? [2016-08-06 15:29:43] rapidtrades : a couple [2016-08-06 15:29:54] rapidtrades : prolly 5+ on swap [2016-08-06 15:30:15] rapidtrades : micmix has one, sleger prolly runs one still and 2-3 other guys [2016-08-06 15:30:31] rapidtrades : redo runs one too [2016-08-06 15:30:34] rapidtrades : rado [2016-08-06 15:31:04] rapidtrades : prolly 10+ cos lots of unknown ppl who don't chat here [2016-08-06 15:31:28] WhiteJacket : i've been reading about it buts, plain thats puting limit orders in both buy /sell spread limits right [2016-08-06 15:31:36] rapidtrades : yes [2016-08-06 15:31:48] WhiteJacket : do u use trailing? [2016-08-06 15:32:12] rapidtrades : i don't know, i haven't started it yet [2016-08-06 15:32:24] rapidtrades : ask the guys i mentioned :) [2016-08-06 15:32:27] justinlooking : rapid i made new tool i get u screneshot [2016-08-06 15:32:45] WhiteJacket : is there any way to send PM here? [2016-08-06 15:32:55] rapidtrades : no [2016-08-06 15:33:03] WhiteJacket : ok then [2016-08-06 15:33:04] rapidtrades : don't message sleger tho, he won't help [2016-08-06 15:33:14] bernx : no idea what happen with ETH [2016-08-06 15:33:23] Tetsuo : ETH = moon soon [2016-08-06 15:33:40] rapidtrades : Tetsuo noone cares about u or ur small opinions [2016-08-06 15:33:46] Tetsuo : rapidtrades: u suck [2016-08-06 15:33:54] WhiteJacket : rapidtrades: thanks mate [2016-08-06 15:33:54] rapidtrades : ur mom sucks harder [2016-08-06 15:35:42] bernx : ETH moon = np. But not like this [2016-08-06 15:35:59] bernx : Looks more dead cat bounce with some helps from whales [2016-08-06 15:36:20] justinlooking : http://anony.ws/image/Nnp1 (it no finshd!!) [2016-08-06 15:36:24] rapidtrades : no sells in over 1h...i would be worried mate [2016-08-06 15:36:44] bernx : rapidtrades: at what? [2016-08-06 15:37:12] rapidtrades : eth [2016-08-06 15:37:34] bernx : rapidtrades: noone sell? where did you see it? [2016-08-06 15:37:39] justinlooking : it sparkles like xmas tree in fast mkt [2016-08-06 15:37:48] WhiteJacket : justinlooking: that tool is for see orderbooks or what? [2016-08-06 15:38:25] WhiteJacket : volumes right? [2016-08-06 15:38:35] justinlooking : yeh, depth at price on xch'gs [2016-08-06 15:38:50] rapidtrades : yeah recent trades...i only see BBBBBBBBBBBBB [2016-08-06 15:39:03] WhiteJacket : well done [2016-08-06 15:39:38] bernx : rapidtrades: most of them just for hold price, illusion grow [2016-08-06 15:54:48] bernx : https://twitter.com/bitfinex/status/761952856580685824 [2016-08-06 15:56:24] Tetsuo : Soon [2016-08-06 15:57:50] Tetsuo : " token labeled BFX " lol [2016-08-06 15:58:28] rapidtrades : pls paste [2016-08-06 15:58:30] rapidtrades : getting 503