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.
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<< >> English 中文 Русский 한국어 日本語 Español Français [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 [2016-09-02 23:00:21] CaptainDean : buy wall @ 17130 (152 BTC) [2016-09-02 23:01:57] aethlios : big wall battles happening, but fake walls always [2016-09-02 23:02:33] CaptainDean : buy wall got eat by half [2016-09-02 23:02:39] CaptainDean : one single 63 BTCV trade from it [2016-09-02 23:02:52] CaptainDean : 63 BTC sell* [2016-09-02 23:03:07] CaptainDean : boom eated [2016-09-02 23:07:53] mjones : yeah liquidity is great so you're able to flip large amounts and make $$$ [2016-09-02 23:08:07] mjones : end goal is more BTC or more XMR [2016-09-02 23:09:32] mjones : there we go. a complete flip in the orderbook [2016-09-02 23:11:41] aethlios : mjones: and cheap maker fees for such 2% to 4% short moves. [2016-09-02 23:13:29] CaptainDean : lol 1111 BTC well wall [2016-09-02 23:13:46] CaptainDean : sell* [2016-09-02 23:14:10] mjones : wonder if this is the end of XMR [2016-09-02 23:14:10] CaptainDean : this is quite a ride [2016-09-02 23:14:19] aethlios : LTC will make the same as xmr, when whales accumulate enough and 70% of ltc is mined then tey will pump it to the 50's like crazy. [2016-09-02 23:15:15] mjones : a fake out up before the mega holders dump [2016-09-02 23:15:24] aethlios : each 5 min xmr candle is half a million usd volume, crazy [2016-09-02 23:17:45] mjones : moving the wall down. BTC > XMR [2016-09-02 23:19:59] aethlios : finex buying 580 btc [2016-09-02 23:22:12] mjones : BTC weekly stochRSI still riding the bottom. incoming pump eventually this month [2016-09-02 23:23:16] aethlios : mjones: we are going to 1200, with a small halt at 800 previous high. [2016-09-02 23:24:51] mjones : since week of feb 21 the 4 weekly pump candles were 7%, 36%, 27% and 16%. when we go up we go up in a big way [2016-09-02 23:25:24] CaptainDean : guys i'm out, thanks for all the info and patience with me ;-) [2016-09-02 23:25:24] mjones : like 21 of the last 25 weeks have been boring in BTC land [2016-09-02 23:25:28] CaptainDean : i will be back later [2016-09-02 23:25:57] mjones : my bad. i forgot about the great big red candles [2016-09-02 23:25:59] CaptainDean : i will keep an eye with my phone [2016-09-02 23:26:05] mjones : 2 of those [2016-09-02 23:26:22] aethlios : Its all about catching the previous 1175 ATH, above 1200 there will be a hell of a ride. [2016-09-02 23:27:00] mjones : this reminds me of august 23, 2015 and the weeks after what's happening now [2016-09-02 23:27:24] mjones : flash crash and sideways before it started creeping up and then FOMO [2016-09-02 23:27:49] aethlios : and higher btc price, means more usd fees for finex, so I expect a small pump to bfx around 0.7-0.75 [2016-09-02 23:28:30] aethlios : finex lead the way like the old pre-hacked days.... [2016-09-02 23:29:05] mjones : it's always okcoin [2016-09-02 23:29:48] mjones : look at huobi volume on the daily. hasnt been this low since november 2015 right before the massive pump [2016-09-02 23:30:46] mjones : pretty much same with okcoin. plus BBANDS have not been this tight on the daily in a while. all good signs for a massive movement [2016-09-02 23:32:17] aethlios : descending trendline from 800 broken on okcoin weekly [2016-09-02 23:36:43] mjones : yeah. BTC will stop a few times in the 4000's i bet. slow creep up before exploding to over 5000 CNY [2016-09-02 23:38:46] mjones : but if i get a nice 50x long i can just leave it [2016-09-02 23:39:46] mjones : which may be here but i dont wanna risk it. last thing i need is having it dump 3% in 10 seconds and I lose it all [2016-09-02 23:40:12] mjones : could average down and yada yada. all about timing with high leverage [2016-09-02 23:47:46] aethlios : mjones: better tool now to leverage and cheap is okcoin quarterly. just 3 usd premium for a month. [2016-09-02 23:50:22] aethlios : so quite before the storm.... [2016-09-02 23:55:50] mjones : 20x only and the new quarterly opens in 2 weeks so the old one won't have a premium. maybe china whales waiting 2 weeks for new quarterly before pumping [2016-09-02 23:56:13] mjones : but you can close and relong with profit so that's nice [2016-09-02 23:59:16] mjones : it's always fun seeing no one wanting to buy the XMR mega sell wall but when it's removed all of a sudden people want to buy thousands of XMR higher than where the mega sell wall was [2016-09-02 23:59:50] Tetsuo : mjones: i had the same thouggt. if BTC pumps, quarterly will provide massive gains, i´m already slowly buyin in over there [2016-09-03 00:01:12] Tetsuo : worked already twice for me in the past [2016-09-03 00:01:33] CaptainDean : mjones: Yeah, it's start a small pump. I'm wondering if it's not a bot trick since it happened many times [2016-09-03 00:02:31] mjones : i'm just saying if you're longing on quarterly it may not go up that much (it will go up some thanks to shorters) since the new one starts in 13 days [2016-09-03 00:02:36] Tetsuo : no, same tricks on okcoins are happenin for years now. i also thought that maybe someday they will change their strategy, but they don´t , must be still profitable also it´s forseeable [2016-09-03 00:04:10] Tetsuo : *altough [2016-09-03 00:04:16] mjones : yeah okcoin walls are strange. years they are always huge yet the person doing it never loses [2016-09-03 00:04:49] mjones : must be a real early miner and buyer with a million coins. always got a thousand BTC to throw up no matter the price [2016-09-03 00:05:13] mjones : dump the price 10 CNY and boom 1500 BTC holding the price down. like whatt...someone just ate 1500 BTC to get the price to go up 10 CNY [2016-09-03 00:05:18] Tetsuo : my guess is it´s okcoi´n themselves, or a "partner" "buddy" [2016-09-03 00:05:46] Tetsuo : well , if i can make profit out of it i´m okay with it... [2016-09-03 00:06:14] Tetsuo : i know how a lot of their algos work, i can see em from a mile [2016-09-03 00:07:17] mjones : i missed the bitfinex flash crash to 3000 CNY due to dinner. had a short but ended up closing like 700 CNY than I wanted [2016-09-03 00:07:31] mjones : 700 CNY higher. i was pissed [2016-09-03 00:07:33] Tetsuo : sux [2016-09-03 00:07:44] mjones : close that 20x short and open 20x long for the bounce. would have made a ton of BTC [2016-09-03 00:07:50] Tetsuo : can´t be prepared or online all the time though [2016-09-03 00:08:07] CaptainDean : I always wonder how hard is it to build a bot. I have no skills in trading but i know how to code logic. I really doubt i could make something profitable tho [2016-09-03 00:08:41] mjones : anytime BTC goes up now it's like shitt i should open that 50x this might not go down lower [2016-09-03 00:08:56] CaptainDean : The API is defenitly something i can have fun with [2016-09-03 00:09:43] aethlios : mjones: you like start paying the premium here, that's why for long term long is better solution now quarterly okcoin. [2016-09-03 00:10:10] Tetsuo : i´m also 50% in on LTC @ ok-coin, they will probably pump it to the max, if that happens before or after a BTC pump, nobody knows [2016-09-03 00:11:06] mjones : is the premium that bad. say you long $100 and price goes up 50%. on 50x you turn $100 into $2,000. then pay the fees [2016-09-03 00:11:13] Tetsuo : they love their chicken over there, even if the real world doesn´t care about it anymore, and they have loads of money [2016-09-03 00:11:34] aethlios : I also have a decent LTC position, a pump for me means previous ATH 50 usd, so I can buy back at 20. [2016-09-03 00:12:23] mjones : i've used okcoin futures since they opened. i only came here recently for XMR since BTC is boring [2016-09-03 00:13:14] Tetsuo : nothing can beat the liquidity on futures over there [2016-09-03 00:14:02] aethlios : Tetsuo: true. and cheap fees [2016-09-03 00:15:21] Tetsuo : now i just need to know, if ETH will move up with BTC : - D [2016-09-03 00:15:25] mjones : LTC/BTC should be primed for liftoff. LTC/BTC dumped a lot on the weekly recently. lot of weakhands out. it's at the bottom range. 3 pools control 72% of the hashrate [2016-09-03 00:15:38] aethlios : also we have a fresh weekly to start the pump in a few hours, a 50 usd 15minutes candle will shake shorts. [2016-09-03 00:16:03] rapidtrades : adam sandler should stick to comedies man [2016-09-03 00:16:09] rapidtrades : idk wtf i just watched [2016-09-03 00:16:35] Tetsuo : what did you watch? [2016-09-03 00:18:46] Tetsuo : just realized that LTC/BTC here is also perpetual , good to know if it should start movin [2016-09-03 00:18:51] aethlios : rapidtrades: do you have any helpfull comments about the market?? [2016-09-03 00:20:42] rapidtrades : aethlios: not really [2016-09-03 00:22:24] aethlios : now is time to buy some cheap btc calls, if existed, now that volatility is low. [2016-09-03 00:39:44] mjones : looks like FCT did an ATH double top recently. the previous ATH was in march. so I think some money can be made longing that eventually. dont know anything about the coin to tell you when it might go up though [2016-09-03 00:42:34] mjones : says FCT is Not Mineable [2016-09-03 00:43:01] REKT : Liquidated short on `XMR7D`: Buy 2900 @ 0.017988 [2016-09-03 00:43:39] mjones : so that should mean easily pumpable once supply is eaten up [2016-09-03 00:44:42] mjones : XMR ATH in sight [2016-09-03 00:46:56] mjones : bitmex must know something is up to add FCT. [2016-09-03 00:52:47] CaptainDean : its pretty much for any uptrend [2016-09-03 00:53:15] mjones : yeah man FCT barely went up 0.002 to 0.005 with 8 million coins. ATH high 0.008 [2016-09-03 00:53:49] mjones : hit 0.007 recently. [2016-09-03 01:08:42] aethlios : xmr 3rd top lower than 2nd, 2nd lower than 1st, let's see. [2016-09-03 01:33:26] mjones : i got 2 uptrend lines drawn to see if they hold. 0.0167 and 0.0155 are where they are at right now [2016-09-03 01:37:20] mjones : i think i'm gonna hold off on XMR and move to FCT soon. one of the top volume coins on polo must be something in the works [2016-09-03 02:02:37] mjones : looks like SYS coin is taking off for the moon [2016-09-03 02:16:05] mjones : xmr bullflagging pretty dang hard. here's to a mega pump soon [2016-09-03 02:22:37] REKT : Liquidated short on `ETHXBT`: Buy 10 @ 0.02148 [2016-09-03 05:10:21] jung1 : morning milionaires [2016-09-03 05:20:49] laisee : billionayres in bits [2016-09-03 06:30:48] aethlios : good morning from europe [2016-09-03 06:34:16] aethlios : xmr either pump hard (70%) or dump hard. [2016-09-03 06:35:37] REKT : Liquidated short on `XMR7D`: Buy 106 @ 0.018892 [2016-09-03 06:36:07] REKT : Liquidated short on `XMR7D`: Buy 148 @ 0.019020 [2016-09-03 06:36:51] REKT : Liquidated short on `XMR7D`: Buy 10 @ 0.019620 [2016-09-03 06:38:02] REKT : Liquidated short on `XMR7D`: Buy 25 @ 0.019694 [2016-09-03 06:38:07] REKT : Liquidated short on `XMR7D`: Buy 18 @ 0.019993 [2016-09-03 06:41:51] REKT : Liquidated short on `XMR7D`: Buy 1000 @ 0.020035 [2016-09-03 06:46:07] REKT : Liquidated short on `XMR7D`: Buy 600 @ 0.020753 [2016-09-03 06:46:14] rapidtrades : welp [2016-09-03 06:46:36] REKT : Liquidated short on `XMR7D`: Buy 5 @ 0.020828 [2016-09-03 06:46:51] REKT : Liquidated short on `XMR7D`: Buy 2 @ 0.020871 :punch: :whale: [2016-09-03 06:47:28] rapidtrades : guess that double top ddnt hold huh [2016-09-03 06:47:41] CaptainDean : Nope :D [2016-09-03 06:47:54] aethlios : brave people buy here [2016-09-03 06:48:00] CaptainDean : yeah [2016-09-03 06:48:08] CaptainDean : I sold clode to 20000 [2016-09-03 06:48:26] CaptainDean : re-enter but went out just adter a small profit it's dangerous [2016-09-03 06:49:07] willybot : taking profit and it can do what it wants now [2016-09-03 06:49:09] rapidtrades : still in here..only 2/3 of original pos cos im a retard [2016-09-03 06:49:20] CaptainDean : hahah awesome [2016-09-03 06:49:25] CaptainDean : you got some balls [2016-09-03 06:50:22] CaptainDean : coorection we will have :P [2016-09-03 06:52:27] rapidtrades : yeah but where? could be at 0.04 o 0.05 [2016-09-03 06:55:36] REKT : Liquidated long on `XMR7D`: Sell 2 @ 0.020188 :punch: :whale: [2016-09-03 07:00:47] billz : XMR=ETH now, some crazy times we live in [2016-09-03 07:05:36] REKT : Liquidated short on `XMR7D`: Buy 45 @ 0.021427 [2016-09-03 07:11:37] REKT : Liquidated long on `ETHXBT`: Sell 192 @ 0.02091