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.
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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-09-01 08:49:41] ett1 : thanks [2016-09-01 09:31:22] REKT : Liquidated long on `ETHXBT`: Sell 60 @ 0.02175 [2016-09-01 09:32:46] zanza : hey capoeira are you the one who runs the bitcointalk forex thread ? [2016-09-01 09:36:35] Pilot : Ello ello [2016-09-01 10:01:34] horipse : how long did you do this online chat [2016-09-01 10:01:54] horipse : i mean how long this chatter box take for development [2016-09-01 10:15:21] BitMEX_Wally : horipse: I'll have to ask our CTO BitMEX_Sam when he comes online [2016-09-01 10:17:04] horipse : Thank you very much. [2016-09-01 10:23:04] Boontjie : Just curious, is the whole site running on python? [2016-09-01 11:25:25] BitMEX_Wally : Boontjie: the site is built using node.js and KDB+ [2016-09-01 12:16:54] capoeira : zanza: yes [2016-09-01 12:44:00] zanza : i tried 1broker and MyFxChoice because that thread [2016-09-01 12:51:10] lockhedge : wow [2016-09-01 12:51:12] lockhedge : Redemption of 1.1812% of BFX Tokens [2016-09-01 12:51:17] lockhedge : https://www.bitfinex.com/posts [2016-09-01 13:08:35] capoeira : zanza: FxChoice is a reliable broker. now you can trade Forex on crypto based acount on FxOpen, too...even bigger broker [2016-09-01 13:09:10] zanza : how new is the fxopen thing? [2016-09-01 13:10:24] zanza : will have to look into it [2016-09-01 13:16:34] zanza : its nice to have a big name company, since they have more reputation [2016-09-01 13:17:05] zanza : I think fxopen used to convert Bitcoin to fiat for trading before [2016-09-01 13:17:37] REKT : Liquidated short on `ETC7D`: Buy 5 @ 0.002255 [2016-09-01 13:17:52] REKT : Liquidated short on `ETC7D`: Buy 5000 @ 0.002266 [2016-09-01 13:23:07] REKT : Liquidated long on `ETHXBT`: Sell 676 @ 0.02114 [2016-09-01 13:24:51] capoeira : zanza: some weeks. they were the first big broker working with BTC, but never had a crypto-based forex account. forex and crypto was seperated. actualy it was FxOpen who started all this as they gave BTC-E the MT4 infrastructure [2016-09-01 13:26:16] capoeira : zanza: BTC-2-fiat conversion rate has huge spread on FxOpen (and others). never was an option [2016-09-01 13:27:11] capoeira : only broker where this is a real option is TradersWay [2016-09-01 13:27:46] zanza : thats probably what I wa thinking of, but they had questionable conversion rates and people were worried [2016-09-01 13:28:54] capoeira : last time I cheked the rate had a spread of something like 5%. a lot cheaper to use skrill and co [2016-09-01 13:29:22] REKT : Liquidated short on `ETC7D`: Buy 23 @ 0.002330 [2016-09-01 13:29:50] zanza : trying to find if FXOpen has Yuan CNH or CNY [2016-09-01 13:29:54] zanza : gunna open a demo [2016-09-01 13:30:37] REKT : Liquidated short on `ETC7D`: Buy 10 @ 0.002338 [2016-09-01 13:31:32] REKT : Liquidated short on `ETC7D`: Buy 2900 @ 0.002348 [2016-09-01 13:31:32] REKT : Liquidated short on `ETC7D`: Buy 1000 @ 0.002348 [2016-09-01 13:38:05] zanza : wow it does have CNH [2016-09-01 13:38:17] zanza : CNH offshore Yuan on fxopen [2016-09-01 13:43:53] zanza : swap rate seems higher on FXOpen compared to FXchoice [2016-09-01 13:44:37] REKT : Liquidated long on `XMR7D`: Sell 33 @ 0.013813 [2016-09-01 13:46:17] REKT : Liquidated long on `XMR7D`: Sell 90 @ 0.013670 [2016-09-01 13:46:17] REKT : Liquidated long on `XMR7D`: Sell 1295 @ 0.013640 [2016-09-01 13:49:07] REKT : Liquidated long on `XMR7D`: Sell 17 @ 0.013414 [2016-09-01 13:49:07] REKT : Liquidated long on `XMR7D`: Sell 209 @ 0.013422 [2016-09-01 13:49:07] REKT : Liquidated long on `XMR7D`: Sell 25 @ 0.013451 [2016-09-01 13:58:20] blackwhite : did you try simplefx guys? [2016-09-01 14:02:19] capoeira : zanza: yea. gotta check swap rates, too..true...never pay too much atantion as I almost never hold forex positions longer than a few hours [2016-09-01 14:03:13] zanza : fxopen and fxchoice seem to be ballpark similar swaps. Simplefx is a lot higher [2016-09-01 14:03:15] capoeira : blackwhite: simple is a forex noob, but made by Bitcoiners [2016-09-01 14:03:46] zanza : I think with the new fxopen changes, seems like the better choice [2016-09-01 14:03:52] REKT : Liquidated short on `ETC7D`: Buy 50 @ 0.002490 [2016-09-01 14:04:05] capoeira : zanza: I agree [2016-09-01 14:04:13] zanza : Simplefx may even justs use Fxopen themselves (although I am not sure!) [2016-09-01 14:04:19] capoeira : better forex spreads also [2016-09-01 14:05:05] zanza : I didn't check the FXOpen fully yet, they may require full ID verification for mBtc accounts, some people don't want that so Simplefx may be better choice if you dno't want to reveal your name [2016-09-01 14:05:13] capoeira : Fxopen has the only good spread on EURUSD [2016-09-01 14:05:55] zanza : wow, that spread is crazy! [2016-09-01 14:06:18] capoeira : zanza: sure. on a big broker you have to identify. simplefx and tradersway are the alternatives for anonym guys. (or even 1broker) [2016-09-01 14:07:03] capoeira : zanza: beware they have comission [2016-09-01 14:07:13] capoeira : still the best spread after comission [2016-09-01 14:07:24] zanza : yeah im using a demo now, will try it for a bit [2016-09-01 14:07:32] capoeira : do that [2016-09-01 14:22:33] blackwhite : what are the latest fxopen changes? [2016-09-01 14:37:12] zanza : they accept BTC accounts now [2016-09-01 14:50:36] blackwhite : with ID? [2016-09-01 14:56:32] aethlios : http://www.zerohedge.com/news/2016-08-31/deutsche-bank-refuses-delivery-physical-gold-upon-demand [2016-09-01 14:56:37] REKT : Liquidated short on `XMR7D`: Buy 100 @ 0.014213 [2016-09-01 15:07:32] Thedude : Support around? [2016-09-01 15:10:04] BitMEX_Wally : Thedude: Hello [2016-09-01 15:10:36] Thedude : BitMEX_Wally: Hi Wally, I was wondering if there is any news to share regarding talks about changes to funding rates on alts? [2016-09-01 15:12:42] BitMEX_Wally : The current plan is to increase the tolerance from 0.05% to 0.25% or some function of volatility/maintenance margin. There will be an announcement in advance of any changes [2016-09-01 15:13:58] BitMEX_Wally : Also sleger had a good suggestion, so we are still testing and simulating [2016-09-01 15:14:50] Thedude : BitMEX_Wally: So that would effecitvly mean the spikes in funding rate get decreased right? [2016-09-01 15:16:29] BitMEX_Wally : Yes [2016-09-01 15:17:27] Thedude : BitMEX_Wally: Thats great to hear hope the changes go live soon, will make funding more predictable! [2016-09-01 15:29:12] lockhedge : BitMEX_Wally: is the 0.25% tolerance already live on testnet? [2016-09-01 15:30:32] BitMEX_Wally : No, we're still testing [2016-09-01 15:30:34] BitMEX_Wally : Internally [2016-09-01 15:35:40] Thedude : BitMEX_Wally: The interest rate is just the highest rate - the lowest rate right? So ussually on alts its btc rate - alt lending rate so when positive traders who are long pay shorts and when negative shorts pay longs [2016-09-01 15:36:42] BitMEX_Wally : The interest rate for ETHXBT is the XBT borrow rate minus the ETH borrow rate [2016-09-01 15:37:12] Thedude : BitMEX_Wally: Yeah thats what I meant [2016-09-01 15:37:56] BitMEX_Wally : Yes. You can see the calculation of the funding rate from the interest rate and premium rate here: https://www.bitmex.com/app/contract/ETHXBT [2016-09-01 15:43:57] Thedude : BitMEX_Wally: I was thinking maybe sometime in the future it would be nice to have the ability to secure a funding rate for a set nr of days at a slight premium. Say for example current funding is 0.107% per 8 hours a trader could opt in to secure that fudning rate + a premium (based on nr of days funding is secured aka the longer the higher the premium) so one could secure a stable funding rate at a slight premium similairy to how one can often secure funding when margin trading on exchanges [2016-09-01 15:51:06] aethlios : Thedude: this idea is good, they could create a funding market for each coin, so people could enter a funding rate swap, and have at the same time an open position to the instrument. at every funding time each part is paid or pay the difference from the fixed rate to the variable rate. [2016-09-01 15:54:36] Thedude : aethlios: Funding market could be good, would be great if people could receive interest over deposited funds without entering an actual position aswell. I can imagine many pepole preffering to have unused margin active on some sort of funding swap to receive interest over their funds. [2016-09-01 15:56:51] BitMEX_Greg : Thedude: It's a good idea but we reference the underlying margin markets. [2016-09-01 15:56:59] aethlios : Thedude: this as you image in can't happen, because all customers have only btc here, to go long btcusd you need to borrow usd, but noone has usd. [2016-09-01 15:57:17] REKT : Liquidated short on `XMR7D`: Buy 849 @ 0.014450 [2016-09-01 15:57:32] BitMEX_Greg : That is, we take snapshots of the interest rate borrow market [2016-09-01 15:57:44] BitMEX_Greg : so we can't guarantee locked rates [2016-09-01 15:58:57] Thedude : BitMEX_Greg: Hmm [2016-09-01 16:00:05] Thedude : BitMEX_Greg: I was wondering what happens if more funding is charged then is supposed to be received? [2016-09-01 16:02:55] BitMEX_Greg : Thedude: We can't have that on our system as it is zero sum [2016-09-01 16:03:03] BitMEX_Greg : for every $1 that is paid, $1 is received [2016-09-01 16:05:43] Thedude : Oh wait so the side that pays, that ammount is taken and then redistributed over the opposing side. So say with a 0.1% rate 10 XBT is charged in fudning that 10 XBT is then redistributed over the opposing side? Not the receiving side gets 0.1% of their own position [2016-09-01 16:08:33] BitMEX_Wally : Longs pay 0.1% and shorts receive 0.1% [2016-09-01 16:08:56] BitMEX_Wally : It's the same amount because at all times longs = shorts [2016-09-01 16:10:16] BitMEX_Wally : 0.1% of the current value of the position marked to the index price [2016-09-01 16:10:28] Thedude : BitMEX_Wally: Oh ofcourse, every contract is sold and bought at the same time so the whole book is always in equibalerium [2016-09-01 16:16:18] Thedude : BitMEX_Greg: @BitMEX_Wally Now that I have your attention anyway I was wondering the MM bots are they run by Bitmex or by independent traders? [2016-09-01 16:16:54] BitMEX_Wally : BitMEX does not run market making bots [2016-09-01 16:17:06] BitMEX_Wally : We provide a sample market making bot as an example of how to use the API [2016-09-01 16:18:41] Thedude : Ok so they are from private traders [2016-09-01 16:18:46] willybot : BitMEX_Wally: you guys are so shady about that subject. Its crypto and its grey but dont be shy just give us the full story [2016-09-01 16:19:33] BitMEX_Greg : willybot: We are giving you a clear answer that we do not run any MM Bots. We have several large market makers on our platform and 1 dedicated one [2016-09-01 16:19:35] BitMEX_Wally : Thedude: Yes, private traders and institutions [2016-09-01 16:20:23] willybot : BitMEX_Wally: what is the relationship with these private traders and institutions? [2016-09-01 16:21:02] BitMEX_Wally : Same as every other user [2016-09-01 16:21:09] BitMEX_Wally : They pay taker fees and earn maker fees [2016-09-01 16:21:28] willybot : BitMEX_Wally: lol [2016-09-01 16:21:34] BitMEX_Wally : They even get liquidated sometimes [2016-09-01 16:22:13] willybot : yes but this is controlled and calculated or they wouldnt be very good at it now would they [2016-09-01 16:22:36] willybot : BitMEX_Wally: what is bitmex relationship with them? [2016-09-01 16:23:13] Thedude : BitMEX_Wally: Why not reduce their fees if they provide more liquidity? Seems to me that would improve liquidity on the books and make for a better product for "regular" traders [2016-09-01 16:23:35] BitMEX_Wally : They wouldn't like it if we reduced their maker fees, haha [2016-09-01 16:24:04] BitMEX_Wally : willybot: There are no special relationships [2016-09-01 16:24:21] willybot : BitMEX_Wally: it sounds like your all very close and chummy [2016-09-01 16:24:31] BitMEX_Wally : *you're [2016-09-01 16:24:55] willybot : BitMEX_Wally: lol you want to troll me this is good [2016-09-01 16:25:07] BitMEX_Wally : Who is trolling here exactly? [2016-09-01 16:26:06] willybot : BitMEX_Wally: Im not trollling today after my meditation. [2016-09-01 16:26:13] BitMEX_Wally : The only benefit that maker makers get is an increased rate limit, after they have integrated with our bulk order submission API [2016-09-01 16:27:05] Thedude : BitMEX_Wally: I meant increase their maker fees xD [2016-09-01 16:27:16] willybot : BitMEX_Wally: you guys are going to need to be upfront about all this as there are a few interested people [2016-09-01 16:27:30] BitMEX_Wally : willybot: How much more up front can we be? [2016-09-01 16:28:05] willybot : BitMEX_Wally: your not exactly flowing with information and dodging things here [2016-09-01 16:28:29] BitMEX_Greg : you're* [2016-09-01 16:28:32] BitMEX_Wally : You believe a falsehood which we have repeated denied, what more information do you want? [2016-09-01 16:30:05] BitMEX_Wally : Come back when you have some 'evidence' to support your false claims [2016-09-01 16:30:19] willybot : BitMEX_Wally: im actually spot on but the structure is so that this can be "technically" denied [2016-09-01 16:31:18] BitMEX_Wally : Come to Hong Kong and I'll show you around the office. You can look behind the flower pots and under Arthur's desk. Try and find these hidden market makers [2016-09-01 16:31:34] Thedude : Haha [2016-09-01 16:31:49] willybot : BitMEX_Wally: thats convenient actually [2016-09-01 16:32:27] willybot : BitMEX_Wally: can you email me? I would love to audit [2016-09-01 16:34:12] BitMEX_Wally : You can email support@bitmex.com and our Community Response And Policing team will be in touch [2016-09-01 16:34:13] Thedude : I would love to come aswell Hong Kong sounds awesome is a free plane ticket included in this office tour? :) [2016-09-01 16:34:42] BitMEX_Wally : Come to the Hong Kong Bitcoin meetup and we'll buy you a drink [2016-09-01 16:36:24] Thedude : BitMEX_Wally: Unrelated question, I'm assuming most of you dont speak chinese. I'm wondering is it easy living in Hong Kong without speaking manderin? [2016-09-01 16:37:00] BitMEX_Wally : Very easy because 95% of people speak Cantonese [2016-09-01 16:37:31] Thedude : BitMEX_Wally: Oops my bad scratch that and make it Cantonese instead :P [2016-09-01 16:37:55] BitMEX_Wally : English and Chinese are official languages in Hong Kong [2016-09-01 16:38:05] BitMEX_Wally : So the expats get by with just English [2016-09-01 16:38:42] Thedude : Is the expat community very isolated or ablet o mingle easily under the locals? [2016-09-01 16:39:02] BitMEX_Wally : If you live on Hong Kong Island then English is spoken in all the shops and restaurants, and even taxi drivers [2016-09-01 16:39:51] Thedude : Nice [2016-09-01 16:39:53] willybot : BitMEX_Wally: why is this exchange not massive? [2016-09-01 16:40:46] Pilot : ^ [2016-09-01 16:40:52] BitMEX_Wally : Thedude: Most expats socialise amongst themselves and with their foreign educated Chinese colleagues [2016-09-01 16:41:17] BitMEX_Wally : willybot: We are massive, same volume as Bitstamp for example: https://exchangewar.info/#bitmex [2016-09-01 16:42:06] willybot : BitMEX_Wally: your on a leveraged product its apples to oranges [2016-09-01 16:42:19] willybot : BitMEX_Wally: this site should have 2k+ users [2016-09-01 16:42:19] Thedude : BitMEX_Wally: Hong Kong seems facinating so much business booming there, seems like 90% of the crypto business are based out of HK [2016-09-01 16:43:10] BitMEX_Wally : willybot: We have 10k+ users, they're just not all online at once [2016-09-01 16:43:59] willybot : BitMEX_Wally: ok let me rephrase. "this site should have 2k+ active users daily" [2016-09-01 16:44:32] BitMEX_Wally : willybot: Agreed, have a look at our affiliate programme and recommend us to your friends [2016-09-01 16:44:45] willybot : BitMEX_Wally: I dont have any friends [2016-09-01 16:45:12] willybot : BitMEX_Wally: I do know how to attract business though [2016-09-01 16:46:34] BitMEX_Wally : Thedude: Yes, Hong Kong is close to Shenzhen where a lot of the mining chips are fabricated, and quite a few exchanges are incorporated here [2016-09-01 16:49:23] Thedude : BitMEX_Wally: You guys being represented at Devcon2 in Shanghai? [2016-09-01 16:51:45] BitMEX_Wally : Arthur and I might be in Shanghai then [2016-09-01 16:53:41] Thedude : Showcasing anything? or networking and drinking ;) [2016-09-01 16:57:04] BitMEX_Wally : The latter [2016-09-01 16:57:33] BitMEX_Wally : One day I will re-implement the whole of the BitMEX trading engine as a smart contract on Ethereum, and then retire [2016-09-01 16:58:07] BitMEX_Wally : Until then we don't really have anything to showcase other than 'ETC7D lol" [2016-09-01 16:58:13] Thedude : Haha now that would be awesome [2016-09-01 16:59:17] jose : sounds awesome until some finds a loophole in the contract and get away with the money.... [2016-09-01 16:59:33] BitMEX_Wally : Yeah but then we can just ask Vitalik for a bailout [2016-09-01 17:00:00] Thedude : This meme is gonna be around for a long time [2016-09-01 17:00:18] jose : If BitMEX reviews every withdrawal manually, there is a good rason ;) [2016-09-01 17:01:08] Thedude : jose: Its a matter of time, we will have safe smart contracts that can hold large ammount of funds but clearly more time is needed to make them air tight [2016-09-01 17:01:38] BitMEX_Wally : jose: Yes, at first the smart contract would still have human 'control' and safety switches, but eventually it could be completely decentralised [2016-09-01 17:02:18] BitMEX_Wally : Would be an interesting PhD thesis. Implementing a decentralised derivatives exchange as a smart contract on Ethereum [2016-09-01 17:02:34] vbmithr : yep [2016-09-01 17:02:52] Thedude : Current state of the exchange ecosystem is worrying the major exchanges seem dodgey and unsafe :( [2016-09-01 17:02:53] vbmithr : Some cryptos have a decentralized exchange builtin [2016-09-01 17:03:16] Thedude : Etherex is coming soon aswell I believe [2016-09-01 17:03:22] jose : the engineering cost to have it robust enough would be greater than the service it provide, so it is unlikelly [2016-09-01 17:04:20] Thedude : jose: When its developed it should run pratically maintenance free without the need for empolyee's it'l be more then worthwhile to develop it [2016-09-01 17:06:26] jose : as a tech guy, i dont agree. look at the NASA, how much time and money they need to make a nearly bug free software for satelites. you cant do this for crypto, the time you design the contrct, it i alredy outdated [2016-09-01 17:07:51] Thedude : jose: New features will require updates but core features should be running without much maintenance at all. [2016-09-01 17:10:51] jose : Anyway, if any of you come to shanghai, it would be a pleasure for me to buy you a drink [2016-09-01 17:15:40] BitMEX_Wally : jose: Thanks, I'll let you know :) [2016-09-01 17:16:29] Thedude : jose: Nice, have fun at Devcon whish I could be there should be lots of fun! [2016-09-01 17:47:02] HackedOnBFX : hello. so when the funding rate is positive, longs pay shorts? [2016-09-01 17:54:09] aethlios : HackedOnBFX: yes [2016-09-01 18:05:06] HackedOnBFX : aethlios: thank you [2016-09-01 18:20:56] Rens : If I market close a position at at positive ROE% it can still lose money? [2016-09-01 18:23:55] BitMEX_Wally : ROE% is calculated based on the current mark price, when you market close you get whatever price is in the market, i.e. the order book [2016-09-01 18:25:12] Rens : So that ROE% is not based on that order? [2016-09-01 18:25:21] BitMEX_Wally : Correct [2016-09-01 18:33:55] asdfman : Why does the entry price change when I hoover over it? [2016-09-01 18:34:18] asdfman : its like the real price is hidden..... [2016-09-01 18:34:54] BitMEX_Sam : asdfman: There are two entry prices - the original entry price, which is shown by default, and the price of the last rebalance, which is shown at hover. [2016-09-01 18:35:06] BitMEX_Sam : The last rebalance price is what's used to calculate your unrealised PNL, which is why we allow you to access it. [2016-09-01 18:35:24] BitMEX_Sam : But it is only useful for those interim PNL calculations. Your original entry price is more pertinent. [2016-09-01 18:35:59] asdfman : but basically it is entry value after interest? [2016-09-01 18:36:07] asdfman : or what? [2016-09-01 18:36:14] asdfman : I dont get this rebalance shit [2016-09-01 18:36:19] asdfman : pardon my language [2016-09-01 18:39:06] BitMEX_Sam : Well, it's a mechanism for marking profit/loss as untouchable for DPE purposes. [2016-09-01 18:39:34] BitMEX_Sam : So, say an instrument rebalances daily. That means that only profit during that day is subject to DPE. When a rebalance happens, profit is realised and can no longer be touched by the system. [2016-09-01 18:39:54] BitMEX_Sam : Internally it's much like settling and reopening a position at the same price. It moves unrealised PNL to realised PNL but doesn't otherwise affect you. [2016-09-01 18:40:19] BitMEX_Sam : See https://www.bitmex.com/app/dynamicProfitEqualisation#contract-settlement-rebalance [2016-09-01 18:44:44] asdfman : Yeah, no I think I have had enough of this pretend math shit. This type of math does not work anyway. [2016-09-01 18:45:21] asdfman : and is why all this shit is needed. [2016-09-01 18:45:44] asdfman : I will wait my inevitable liquidation and be done with it. [2016-09-01 18:46:35] sleger : "This type of math does not work anyway." lol [2016-09-01 18:46:38] asdfman : Thank you for your service. [2016-09-01 18:46:57] BitMEX_Sam : The math works perfectly. Our system always sums zero. In fact, it shuts down if it ever doesn't. [2016-09-01 18:47:15] asdfman : thats the point. ther is no sum zero [2016-09-01 18:47:18] asdfman : there* [2016-09-01 18:47:25] asdfman : just a change in math [2016-09-01 18:47:57] sleger : that guy is hilarious [2016-09-01 18:49:19] asdfman : ego sum not zero sum :P [2016-09-01 18:55:49] asdfman : many people dont really understand that when you get one more dollar, you get more poor. [2016-09-01 18:56:10] asdfman : given the function of the dollar as a debt based money. [2016-09-01 18:56:23] sleger : please give me all your dollars, let me make you richer !! [2016-09-01 18:56:35] asdfman : I don't use dollars. [2016-09-01 18:57:03] asdfman : Or I had one left, but I forgot it when I moved. [2016-09-01 18:57:24] asdfman : but really all someone needs to settle their debt is one dollar note [2016-09-01 19:00:17] asdfman : https://images.duckduckgo.com/iu/?u=https%3A%2F%2Ftse4.mm.bing.net%2Fth%3Fid%3DOIP.M49726fbd155200bc6601cc67c1093e98o2%26pid%3D15.1&f=1 [2016-09-01 19:00:26] asdfman : see what it sais on the not? [2016-09-01 19:00:29] asdfman : note* [2016-09-01 19:01:24] asdfman : "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE" [2016-09-01 19:01:59] asdfman : fuck the numeration on the note. it is the legalise that matters in the legal realm [2016-09-01 19:04:02] asdfman : anyways. fun to play with legality is it not? [2016-09-01 19:04:15] asdfman : isnt that what we are doing here? [2016-09-01 19:05:00] asdfman : ok im finished now [2016-09-01 19:56:08] sken : whats the difference between realized pnl and total pnl? [2016-09-01 19:56:31] sken : im shorting from 578 right now, but it says im at a loss [2016-09-01 19:57:03] sken : but if i hover it shows a very slight profit [2016-09-01 20:05:48] BitMEX_Sam : See https://www.bitmex.com/app/dynamicProfitEqualisation#contract-settlement-rebalance [2016-09-01 20:05:56] BitMEX_Sam : Your unrealised + realised PNL is your total PNL on the position. [2016-09-01 20:06:09] BitMEX_Sam : Unrealised is the profit/loss from today on most contracts, and is subject to DPE until it moves to realised [2016-09-01 20:12:23] BitMEX_Greg : sken: The number you see now is your total pnl, but if you hover then you see your pnl since the last rebalance [2016-09-01 20:15:22] REKT : Liquidated long on `ETHXBT`: Sell 87 @ 0.02126 [2016-09-01 20:24:22] REKT : Liquidated long on `ETHXBT`: Sell 350 @ 0.02124 [2016-09-01 21:18:40] sken : so if i say close my position and get a full fill at the price i close, what i would get in return is the price i see when i hover? [2016-09-01 21:47:39] BitMEX_Greg : sken: which number are you referring to? [2016-09-01 21:48:20] BitMEX_Greg : If you hover over the PnL it is only showing the Total PNL, it won't show you the price you closed at [2016-09-01 22:06:16] justinlooking : xREKT? [2016-09-01 22:26:31] Tetsuo : sken: i looked into your positions, and honestly it looks pretty bad, u should market close ASAP or you will get REKT within the next 8 hours [2016-09-01 22:48:13] rapidtrades : can u believe that shit..they're buying 1% of tokens with the money withheld from us [2016-09-01 22:48:35] rapidtrades : this is why u have a liquidator, audit and 'lawyers' [2016-09-01 22:55:57] rapidtrades : don't worry though 'ledger labs' will audit their books [2016-09-01 23:39:07] REKT : Liquidated long on `ETHXBT`: Sell 125 @ 0.02107 [2016-09-02 00:01:23] capoeira : ETHXBT long liquidated? baught the top and went all in? wtf? [2016-09-02 00:01:31] capoeira : read this: http://www.investopedia.com/articles/trading/09/determine-position-size.asp [2016-09-02 01:04:22] REKT : Liquidated long on `ETHXBT`: Sell 100 @ 0.02084 [2016-09-02 01:11:38] REKT : Liquidated long on `ETHXBT`: Sell 63 @ 0.02078 [2016-09-02 01:17:47] capoeira : more? [2016-09-02 03:04:30] Tetsuo : capoeira: they probably bought on cross margin and lost margin on another position in the meanwhile [2016-09-02 03:35:47] REKT : Liquidated long on `XBTUSD`: Sell 287 @ 569.21 [2016-09-02 03:39:37] REKT : Liquidated short on `ETHXBT`: Buy 6 @ 0.02111 [2016-09-02 06:44:37] REKT : Liquidated short on `XMR7D`: Buy 1490 @ 0.014236 [2016-09-02 12:01:20] I-am-Legend : any mods here [2016-09-02 12:02:32] I-am-Legend : my trade closed on rebalance [2016-09-02 12:03:00] rapidtrades : the XMR is linear right? so to keep same exposure after settlement I have to adjust my size [2016-09-02 12:03:08] rapidtrades : I-am-Legend: which one [2016-09-02 12:03:12] miramm1115 : etc and xmr contracts expire on friday [2016-09-02 12:03:25] I-am-Legend : my xmr trade [2016-09-02 12:03:57] miramm1115 : xmr just expired 3 minutes ago, all positions were settled [2016-09-02 12:04:24] I-am-Legend : was there settlement o cant see what price i was settled at on transaction history [2016-09-02 12:04:24] willybot : yeahhh payday boys [2016-09-02 12:04:34] miramm1115 : 0.0143945 [2016-09-02 12:04:44] miramm1115 : check your trade history, it's there [2016-09-02 12:04:57] rapidtrades : so that's linear right [2016-09-02 12:05:01] miramm1115 : rapidtrades: yes [2016-09-02 12:05:29] miramm1115 : 1 contract = 1 moon coin [2016-09-02 12:06:26] miramm1115 : I-am-Legend: you can open xmr position again, bots are back [2016-09-02 12:06:38] I-am-Legend : yeah sure [2016-09-02 12:07:18] I-am-Legend : just want to see the value that was added to account after re-balance doesnt show on transaction history [2016-09-02 12:07:44] willybot : I-am-Legend: click account [2016-09-02 12:08:14] miramm1115 : you will see something like: 2016-09-02 08:00:00 CashSettlement 9.282 XBT -.-- XMR7D Completed [2016-09-02 12:08:19] rapidtrades : ffs [2016-09-02 12:08:45] I-am-Legend : yah i see that but makes 0 sense [2016-09-02 12:09:20] I-am-Legend : i was up over 1 btc in unrealized profit [2016-09-02 12:09:25] miramm1115 : it's total PNL from all your trades on XMR7D since previous Friday [2016-09-02 12:09:45] I-am-Legend : cash re balance showing only 0.003 [2016-09-02 12:11:08] I-am-Legend : cant see total pnl since trade was closed really the xmr profit is not there [2016-09-02 12:11:33] I-am-Legend : as i can see wallet balance after each cash settelment & rebalance [2016-09-02 12:12:48] miramm1115 : you probably had losses from your previous xmr trades during the week, it's all added to that final cash rebalance [2016-09-02 12:13:09] I-am-Legend : ahhh yup thats true [2016-09-02 12:13:22] I-am-Legend : got it break even based on losses + profit [2016-09-02 12:13:28] I-am-Legend : ok thanks im a noob lol [2016-09-02 12:13:53] miramm1115 : here you go, break even is not too bad for a noob ;-) [2016-09-02 12:14:25] I-am-Legend : haha noob at bitmex setup not noob at trading lol [2016-09-02 12:15:22] I-am-Legend : was up on my other trades, about 10 btc on bitmex , fun here just takes time to understand everything [2016-09-02 12:26:39] I-am-Legend : is the realized profit on an open trade showing on your account balance ? [2016-09-02 12:31:12] BitMEX_Wally : I-am-Legend: Yes, all realised profit goes into your account balance [2016-09-02 12:34:33] I-am-Legend : hey wally thanks [2016-09-02 12:43:30] I-am-Legend : anyone short xmr from the top here nice dump [2016-09-02 12:43:38] I-am-Legend : going to 14000 test [2016-09-02 13:38:52] REKT : Liquidated long on `XMR7D`: Sell 1325 @ 0.014307 [2016-09-02 15:05:02] mjones : i think we're almost out of XMR sellers. 0.03 here we come. [2016-09-02 15:09:58] rapidtrades : hope so...i reentered [2016-09-02 15:10:39] mjones : i didnt yet. should have under 0.015 [2016-09-02 15:11:14] mjones : not much holding the price down [2016-09-02 15:12:37] mjones : hopefully someone dumps another 20k here soon [2016-09-02 15:16:21] rapidtrades : yep pretty sure i messed up my size [2016-09-02 15:16:47] rapidtrades : to keep the same exposure I should've kept the same n of contracts right [2016-09-02 15:17:47] mjones : i believe you are correct [2016-09-02 15:17:58] mjones : i just go all in with my profit [2016-09-02 15:18:08] rapidtrades : well f*cm me [2016-09-02 15:19:17] rapidtrades : my initial entry was at 0.09 reentered smaller size 0.0144 [2016-09-02 15:19:30] rapidtrades : shoud've kept the same size [2016-09-02 15:20:02] CaptainDean : 0,15300 has been a hard top to break since 24 hours [2016-09-02 15:20:26] CaptainDean : wel laround 015300-015500 [2016-09-02 15:20:46] CaptainDean : and still didn't break it really [2016-09-02 15:23:13] rapidtrades : im retarded [2016-09-02 15:23:29] CaptainDean : you took profit, calm down :P [2016-09-02 15:24:05] CaptainDean : so you guys think we are going up real bad from now on ? [2016-09-02 15:24:13] CaptainDean : almost bought @14400 [2016-09-02 15:24:50] gfg : would of been a nice dip buy [2016-09-02 15:27:47] gfg : I'm short biased but it does look like its setting up for the next leg up [2016-09-02 15:28:39] CaptainDean : i was thinking short before going to bed @ 13xxx last night and boom this morning huge spike [2016-09-02 15:28:54] CaptainDean : we have a solid bottom @13xxx [2016-09-02 15:29:13] gfg : yes, heavy support line [2016-09-02 15:39:27] gfg : CaptainDean: are you in any positions? [2016-09-02 15:58:33] mjones : 0.0155 will be easy to break. when ever someone is ready they'll just use some of their thousands of BTC and start buying [2016-09-02 16:00:05] mjones : then everyone that sold last 6 days will have to rebuy. it'll be back to 0.018 in no time [2016-09-02 16:00:23] mjones : buy back in at a higher price most likely if they wanna continue the ride. [2016-09-02 16:08:40] gfg : Its my first time using this platform - Do these contracts not expire? [2016-09-02 16:14:47] BitMEX_Greg : gfg: The swaps are perpetual, meaning they do not expire [2016-09-02 16:15:08] BitMEX_Greg : gfg: However we also have some futures contracts too, such as XMR7D which is a 7-day future. [2016-09-02 17:06:22] CaptainDean : gfg: sorry i went ou tfor lnch, no possition [2016-09-02 17:07:55] gfg : to trade xmd is 7 day future only? [2016-09-02 17:08:05] gfg : xmr* [2016-09-02 17:14:09] BitMEX_Greg : gfg: yes it's a weekly contract, expiring every Friday [2016-09-02 17:37:15] mjones : xmr doubles in price that's 1000% return on investment if you 10x long this and it pumps like crazy [2016-09-02 17:44:34] CaptainDean : 10x, you just need a little dip and you're done also [2016-09-02 17:45:26] CaptainDean : i think we are broking the top barrier now [2016-09-02 17:46:46] mjones : yeah i got in. this isn't breaking down i'm guessing [2016-09-02 17:47:32] mjones : the way whales were market buying XMR that people put up for sale was amazing to watch last few days [2016-09-02 17:47:55] mjones : so much BTC on polo that people can long XMR and market buy and watch it fly. still cheap [2016-09-02 17:48:19] CaptainDean : I hate to go in a super hype [2016-09-02 17:48:26] CaptainDean : i think i will just sit for now [2016-09-02 17:49:23] mjones : i say 0.0164 will be resistance [2016-09-02 17:54:56] mjones : 0.01637 i was close [2016-09-02 17:55:23] CaptainDean : yep almost shorted your call ;-) [2016-09-02 17:55:58] CaptainDean : still a good buy side atm tho [2016-09-02 17:57:06] mjones : i prefer holding this long till friday or if this goes crazy high. much money to be made [2016-09-02 17:58:10] mjones : just mad i didn't long around 0.0145 when i woke up [2016-09-02 17:58:23] CaptainDean : yeah same [2016-09-02 18:00:08] mjones : i'm watching this. http://i.imgur.com/ZyxOrHH.png [2016-09-02 18:00:56] mjones : pump it on a holiday weekend when americans are busy and have to fomo buy from their phone [2016-09-02 18:09:20] CaptainDean : yeah it has to broke it or go down [2016-09-02 18:13:39] mjones : dang i got a negative BTC balance on localbitcoins [2016-09-02 18:16:57] CaptainDean : there we go, we broke it [2016-09-02 18:27:07] REKT : Liquidated long on `ETC7D`: Sell 10000 @ 0.002410 [2016-09-02 18:27:07] REKT : Liquidated long on `ETC7D`: Sell 2 @ 0.002389 :punch: :whale: [2016-09-02 18:38:18] CaptainDean : 16667 nest resistance [2016-09-02 19:06:44] mjones : 0.0174 next [2016-09-02 19:11:55] CaptainDean : yeah [2016-09-02 19:12:01] CaptainDean : i think we are going down now [2016-09-02 19:14:12] mjones : doubt it. just went up 18% and people who sold thinking they could buy lower are now trying to buy back in without moving the price. [2016-09-02 19:14:21] mjones : soon big bad bull comes in and jacks the price higher and people FOMO harder [2016-09-02 19:28:02] REKT : Liquidated short on `XMR7D`: Buy 1400 @ 0.017125 [2016-09-02 19:28:07] REKT : Liquidated short on `XMR7D`: Buy 100 @ 0.017195 [2016-09-02 19:28:22] REKT : Liquidated short on `XMR7D`: Buy 1577 @ 0.017270 [2016-09-02 19:47:37] REKT : Liquidated short on `XMR7D`: Buy 855 @ 0.017799 [2016-09-02 19:49:18] CaptainDean : so I sat on a big party ! [2016-09-02 19:49:21] CaptainDean : fuck me [2016-09-02 19:49:21] mjones : i hate the bitcoinwisdom xmr orderbook isnt accurate [2016-09-02 19:50:07] rapidtrades : god damit [2016-09-02 19:50:14] rapidtrades : i hate myself [2016-09-02 19:50:31] rapidtrades : it says 1 contract = 1 xmr....it doesn't take a rocket scientist [2016-09-02 19:50:32] CaptainDean : rapidtrades: same boat here :P [2016-09-02 19:50:33] mjones : 300btc holding us away from 0.018 [2016-09-02 19:50:54] mjones : 875btc from a new high [2016-09-02 19:51:18] CaptainDean : might be just another fake wall [2016-09-02 19:51:37] mjones : oh i had xmr orderbook on BTC and not XMR okay now i'm happy [2016-09-02 19:52:12] mjones : yeah 1000 BTC in support added. nothing holding us down [2016-09-02 19:57:26] mjones : 200% ROE on my way to 1000% [2016-09-02 19:59:06] CaptainDean : yea fuck me [2016-09-02 19:59:20] CaptainDean : polinex down ? [2016-09-02 20:01:05] mjones : xmr broke polo for a few minutes there [2016-09-02 20:02:59] rapidtrades : where's the alltime high 20/ [2016-09-02 20:03:02] rapidtrades : ? [2016-09-02 20:03:27] mjones : 0.01875 [2016-09-02 20:04:04] mjones : time to eat up the supply again before going straight up looks like. people must hate money [2016-09-02 20:06:46] mjones : or you know sell the ath double top and buy in lower [2016-09-02 20:12:41] mjones : wow SDC really took off too. i remember trading that way back when [2016-09-02 20:13:28] CaptainDean : tempting to get in now .... [2016-09-02 20:14:58] mjones : xmr yeah might not go below 0.017 [2016-09-02 20:15:15] mjones : already back to 0.018 here on bitmex [2016-09-02 20:15:29] mjones : 0.0175 was the best entry point [2016-09-02 20:16:08] mjones : dunno who felt like selling 125,000 but hey enjoy the BTC [2016-09-02 20:17:14] mjones : should be obvious XMR is the coin of choice for anon. i'm expecting a billion dollar market cap at least. the gold standard right now [2016-09-02 20:17:42] mjones : which is like 0.1 i think right now [2016-09-02 20:18:42] mjones : 0.14 actually for billion dollar market cap [2016-09-02 20:18:58] mjones : around $80 [2016-09-02 20:19:18] mjones : another 8x from here [2016-09-02 20:20:54] mjones : 7443 XMR mined a day. $74,734 [2016-09-02 20:21:08] rapidtrades : shut up jones [2016-09-02 20:28:35] CaptainDean : wondering when the correctio will occurs [2016-09-02 20:31:37] CaptainDean : if we broke the high of all time, this will be interresting [2016-09-02 20:32:16] mjones : 4 just had 4 days of selling / supply eating. cant be that many large noob holders left willing to dump 100,000+ coins into eager buyers [2016-09-02 20:33:10] CaptainDean : double top [2016-09-02 20:34:51] CaptainDean : great support [2016-09-02 20:35:12] rapidtrades : doesn't look like top will hold [2016-09-02 20:40:47] CaptainDean : i hate when i can't a decision to get in or not [2016-09-02 20:41:55] mjones : are you playing 10x? [2016-09-02 20:42:35] CaptainDean : no way [2016-09-02 20:42:37] CaptainDean : 5x max [2016-09-02 20:42:59] mjones : each low is higher and higher. so it's looking good so far [2016-09-02 20:43:15] CaptainDean : yeah i should go long [2016-09-02 20:46:59] CaptainDean : leleaving for home, see you later [2016-09-02 20:47:23] mjones : just insane. only 3000 BTC worth on the sell side. ETH during its mega pump had a ton of BTC. take me to da moon [2016-09-02 20:55:06] aethlios : mjones: very few coins 12.7 mill. total supply and no gui wallet to send. [2016-09-02 20:57:17] mjones : well i'll hold out hope this goes higher. up 170% still but it'd hate to close with like 50% and then watch it bounce. [2016-09-02 20:58:14] aethlios : had xmr at 0.00247 and sold 0.01475, waiting for 0.0071 to buy back but didn't happen. it is very strong but zcash could make monero to retrace lower. [2016-09-02 21:01:25] mjones : that's still like 55 days away though and not sure if you were here when people talked about all the launch fun stuff [2016-09-02 21:02:18] mjones : zcash goes straight to mining which means 40,320 zcash a week [2016-09-02 21:02:41] mjones : 20 cents that's a $8,000 market cap after a week [2016-09-02 21:03:30] mjones : XMR has been 2 1/2 years in the making with 70% coins mined [2016-09-02 21:06:59] aethlios : mjones: you know that crypto people are all hyped to the bone, so they will buy the first few coins at 30 and 50 usd, then price will slowly going down as hype goes away because something else will arrive, and supply starts to pile. I like monero a lot!! [2016-09-02 21:07:58] aethlios : zcash fair price 1 to 2 usd after 6 to 12 months of mining, a market cap of 12 to 25 mill. (based on total supply). [2016-09-02 21:09:53] mjones : yeah but that's a long time to wait for supply to catch up to demand. will have to see what exchanges add it. gonna be a shitshow i say if the hype is real [2016-09-02 21:12:33] aethlios : mjones: if bitmex add it as they said from forst day, then better short here at 30 or 50 usd a bunch of zcash and slowly buy them back next 3 months renting miners to mine then cheaply. that's my plan, and when it bottoms after 1 year then to go long. [2016-09-02 21:14:08] aethlios : so I will create a large short position here, and start hedging-covering the short with renting miners and accumulating coins with less cost. [2016-09-02 21:17:27] mjones : it could get crazy with margin calls and if they get cleared out. otherwise profits get wiped out [2016-09-02 21:17:48] mjones : because i bet they are going to be weekly like XMR [2016-09-02 21:21:47] CaptainDean : the old top is hard to brake [2016-09-02 21:28:31] mjones : called cup and handle. i say the cup has been made [2016-09-02 21:28:59] CaptainDean : explain to me :P [2016-09-02 21:29:02] CaptainDean : <= noob [2016-09-02 21:29:18] mjones : just google image search cup and handle [2016-09-02 21:30:49] CaptainDean : can it be negatif also ? [2016-09-02 21:30:58] CaptainDean : much of the image tend to say it will go up agaion [2016-09-02 21:31:27] mjones : yeah [2016-09-02 21:31:43] mjones : and it could be repeating what happened not that long ago http://i.imgur.com/CAeTpmr.png [2016-09-02 21:32:19] CaptainDean : there is so much stuff i need to learn ! [2016-09-02 21:32:52] mjones : i expect once the ATH breaks it'll go straight up above 0.02 but i dont know how high. till a large holder decides to sell most likely [2016-09-02 21:33:12] mjones : like when it went 0.01875 to 0.013 [2016-09-02 21:33:30] CaptainDean : the handle looks negative here tho [2016-09-02 21:34:03] mjones : this isn't even 2 hours old. give it like 10 hours [2016-09-02 21:34:44] mjones : like 6-10 hours for a new ATH is my guess [2016-09-02 21:35:05] CaptainDean : All Time High [2016-09-02 21:36:37] CaptainDean : I shorted just before the final push but I sold in panic like a noob [2016-09-02 21:36:46] CaptainDean : wanted to stop my lost [2016-09-02 21:37:01] CaptainDean : 20 mins later it was going down and down ! [2016-09-02 21:37:15] rapidtrades : did we hit the highs [2016-09-02 21:37:20] CaptainDean : nope [2016-09-02 21:37:30] CaptainDean : 185 vs 187 [2016-09-02 21:38:59] rapidtrades : so double topped huh [2016-09-02 21:39:15] CaptainDean : Did you guy s took some profiut or are still long ? [2016-09-02 21:39:23] CaptainDean : you're* [2016-09-02 21:39:46] rapidtrades : i rarely take profits....i usually trail [2016-09-02 21:40:38] rapidtrades : not a bad spot to take some off if you're trading short-term [2016-09-02 21:41:15] CaptainDean : yeah I want to long ... but we are a the top of an iceberg even if it'll go up again [2016-09-02 21:42:10] rapidtrades : what does 'top if an iceberg' mean [2016-09-02 21:42:39] CaptainDean : we are back in @ 1800 which is almost the ATH [2016-09-02 21:42:51] CaptainDean : after a huge spike [2016-09-02 21:43:11] CaptainDean : Top of the iceberg [2016-09-02 21:46:00] rapidtrades : can u believe bitfinex man? redeeming 1% of toekns with the money withheld from everyone [2016-09-02 21:46:39] CaptainDean : fuck them [2016-09-02 21:49:00] CaptainDean : why 1% ? [2016-09-02 21:49:16] CaptainDean : why not wait for like at least 5% [2016-09-02 21:53:16] mjones : to show that they are trying / care [2016-09-02 21:53:23] rapidtrades : 2 of the top 10 token holders are from bitfinex [2016-09-02 21:53:27] rapidtrades : what a f scam man [2016-09-02 21:53:41] mjones : you rather have them run off with 100% of your money [2016-09-02 21:54:00] rapidtrades : should've known with the way it was impossible to get executed over there [2016-09-02 21:54:20] rapidtrades : 0.1% fees and bid/asks always clogged [2016-09-02 21:54:43] rapidtrades : insider trading scum [2016-09-02 21:59:26] CaptainDean : might have my chance to take my long now [2016-09-02 22:00:22] REKT : Liquidated long on `XMR7D`: Sell 2473 @ 0.017182 [2016-09-02 22:00:49] aethlios : if this fails we have double top [2016-09-02 22:01:24] CaptainDean : you mean the rebound ? [2016-09-02 22:01:41] aethlios : if btc goes 800, bfx goes 0.75 [2016-09-02 22:03:47] aethlios : CaptainDean: I mean the whole bull move maybe over to 0.0185, double top. [2016-09-02 22:04:42] CaptainDean : aethlios: ok [2016-09-02 22:05:12] aethlios : CaptainDean: http://tutorials.topstockresearch.com/TutorialsOnDoubleTopChartPattern/TutorialOnDoubleTopPattern.html [2016-09-02 22:05:12] CaptainDean : some panic sell, still a good support @ 17250 [2016-09-02 22:05:25] CaptainDean : aethlios: thanks ! [2016-09-02 22:07:17] aethlios : CaptainDean: I like monero a lot, I sold 0.01475, just want to buy again after a decent correction. much will depend what btc will do, if starts going up to 1200 (my believe) all alts, priced at btc price, will go down. [2016-09-02 22:07:50] CaptainDean : BTC would need to drop before going up [2016-09-02 22:08:19] aethlios : CaptainDean: it already dropped from 800 to 475. [2016-09-02 22:08:34] CaptainDean : aethlios: good point [2016-09-02 22:08:55] aethlios : CaptainDean: it all about breaking 600, then will hit 800 in 2 days. [2016-09-02 22:09:11] rapidtrades : yeah, right [2016-09-02 22:09:25] CaptainDean : rapidtrades: :D [2016-09-02 22:10:11] aethlios : rapidtrades: just close your shorts above 605, don't default again. [2016-09-02 22:11:20] rapidtrades : im not short but i should've been [2016-09-02 22:11:26] rapidtrades : tnx butttfinex [2016-09-02 22:13:45] PublicUsername : 7 day contract robbery [2016-09-02 22:14:24] aethlios : I am reading liar's poker now while watching xmr. [2016-09-02 22:15:08] rapidtrades : u should read this instead https://en.wikipedia.org/wiki/List_of_cognitive_biases [2016-09-02 22:22:52] REKT : Liquidated long on `ETHXBT`: Sell 41 @ 0.02093 [2016-09-02 22:44:22] REKT : Liquidated long on `XMR7D`: Sell 31 @ 0.017133 [2016-09-02 22:55:24] CaptainDean : 541 BTC wall [2016-09-02 22:55:45] CaptainDean : sell [2016-09-02 22:57:55] mjones : guess i should have closed and shorted the ATH double top [2016-09-02 22:58:07] CaptainDean : yep [2016-09-02 22:58:10] mjones : maybe just a scare wall [2016-09-02 22:58:21] CaptainDean : yeah i wouldn't be suprise either [2016-09-02 22:58:22] mjones : if this dumps and doesn't fill in then easy long for a bounce [2016-09-02 22:58:32] mjones : fill in = more sellers show up [2016-09-02 22:58:46] CaptainDean : yeah the sell part is still weak [2016-09-02 22:59:01] CaptainDean : boom 777 BTC + 50000 XMR added [2016-09-02 22:59:26] mjones : some good profit was made in that pump so gotta wait out the profit takers / shakeout. sit tight