This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2016-09-14 09:53:29] I-am-Legend : if finex leads just short it
[2016-09-14 09:53:36] I-am-Legend : need china to lead as always
[2016-09-14 09:54:25] XMRer : hey all
[2016-09-14 09:55:19] I-am-Legend : short xmr
[2016-09-14 10:56:00] I-am-Legend : BTC cant seem to break these levels
[2016-09-14 10:56:13] I-am-Legend : looks like we are going down to test 600
[2016-09-14 11:12:28] aethlios : if Trump wins, Le Pen is next in France, eurozone will finish, italian baning and european banking crisis and recession. It will be a domino started with Brexit, globalization's defeat and back to more national policies.
[2016-09-14 11:22:59] aethlios : http://buy.zeropond.com/
[2016-09-14 11:28:42] I-am-Legend : who is pumping bfxcoin 59 cent gone
[2016-09-14 12:32:02] XMRer : you really got to get some volume going on here.
[2016-09-14 12:43:00] Kalman : XMRer: waiting for bitfinex announcement ...
[2016-09-14 12:45:20] XMRer : when is it?
[2016-09-14 12:57:44] Kalman : supposedly today, chk their anouncements
[2016-09-14 13:00:40] rapidtrades : is there a way to check open court cases against bitfinex?
[2016-09-14 13:00:46] rapidtrades : anyone here from HK
[2016-09-14 13:03:19] BitMEX_Wally : rapidtrades: Check D-Law: https://www.d-law.com
[2016-09-14 13:10:50] BitMEX_Wally : rapidtrades: Nothing since Bitmain sued them in 2015
[2016-09-14 13:49:33] Kalman : [–]zanetackett 21 points 2 days ago In case anybody received an update from Bitfinexlaswuit.com making any claims as to reimbursement, it is completely erroneous. They have been trying to scam people and have successfully had some people send bitcoin and identifying documents (passports/ids) only to never hear back from them. Please be careful when hearing anything that isn't coming directly from us.
[2016-09-14 13:50:04] BitMEX_Wally : Yep, advanced fee fraud
[2016-09-14 13:50:36] BitMEX_Wally : "Pay us 200 USD via Bitcoin and we'll get you 100% reimbursement"
[2016-09-14 13:50:53] habibi : didn't zanza introduced this site saying " my page is ready *link* " ?
[2016-09-14 13:51:08] Kalman : https://who.is/whois/bitfinexlawsuit.com
[2016-09-14 13:51:28] BetterNick : Oh shit sorry?
[2016-09-14 13:52:04] Tetsuo : thx zanza and rapidtrades for scammin everyone, nice work
[2016-09-14 13:52:32] BitMEX_Sam : Yes, absolutely a scam, stay away.
[2016-09-14 13:52:39] BitMEX_Wally : Not their fault, we only found out yesterday
[2016-09-14 13:52:42] habibi : i am not sure tho, bitmex stuff would need to check it in chat logs, it was few weeks ago
[2016-09-14 13:52:43] BetterNick : Can I remove the link?
[2016-09-14 13:53:09] BetterNick : Or could anyone please? I'd hate to cause someone to lose moneybecause I posted this?
[2016-09-14 13:53:16] BitMEX_Wally : BetterNick: Don't worry about it, anyone reading this history will know it's a scam
[2016-09-14 13:53:20] BitMEX_Wally : I'll delete your message anyway
[2016-09-14 13:53:29] BetterNick : I appreciate it
[2016-09-14 14:15:47] rapidtrades : BitMEX_Wally: pretty much called it from the start when it was posted on ur sub
[2016-09-14 14:16:10] rapidtrades : https://www.reddit.com/r/bitfinexcal/comments/4yahiu/someone_set_up_a_website_asking_bitfinex_users_to/
[2016-09-14 14:16:38] rapidtrades : warned ppl about it back then...i suspect bitfinex set it up to confuse ppl
[2016-09-14 14:16:54] rapidtrades : i don't anyone is stupid enough to send them money as finex claims
[2016-09-14 14:17:27] rapidtrades : i doubt* not dont
[2016-09-14 14:18:50] rapidtrades : and zanza was joking when he said he made it....he's a bit of a tard
[2016-09-14 15:04:52] REKT : Liquidated short on `FCTXBT`: Buy 200 @ 0.005974
[2016-09-14 15:58:24] aethlios : I guess bitfinex is behind Hillary's collapse to pump btc and exit their scam.....
[2016-09-14 16:50:49] XMRer : huh?
[2016-09-14 19:23:07] REKT : Liquidated long on `FCTXBT`: Sell 500 @ 0.005660
[2016-09-14 19:33:12] aethlios : 15th sept. in Hong Kong already. if bfx nes are good, could see a btc pump also??
[2016-09-14 19:33:50] aethlios : will bfx rally above 1 after the announcement?? too many ???
[2016-09-14 19:35:19] Martinos : is there good news?
[2016-09-14 19:36:04] Tetsuo : Bitfinex has always been a steady source for good news!
[2016-09-14 19:40:42] aethlios : if they value the company around 150 mill. so give 45% to bfx holders, I believe the market will value bfx above 250. The stock will offer major trading fees. with 250 market cap and 150 mill, stocks, this means a bfx coin of 1.65 usd price.
[2016-09-14 19:43:19] aethlios : But bitfinex should be more flexible, haven't add XMR yet, will they add Zcash from 1st day?? Or all fees will go to poloniex?? They delisted dash before the rally.
[2016-09-14 19:44:30] aethlios : they need to become more like polo in a higher level. Keep 10 high value and perspective coins, usd btc market, margin also.
[2016-09-14 19:47:36] migz : i still wonder when you got liquidated, they sell your coins at the lowest price even though it sold for the actual liqudated price. Fishy.
[2016-09-14 19:59:38] aethlios : above 0.60, close to news....
[2016-09-14 20:00:42] I-am-Legend : mental
[2016-09-14 20:00:46] I-am-Legend : wat news ?
[2016-09-14 20:01:01] I-am-Legend : when is the news out ?
[2016-09-14 20:01:23] aethlios : bitfinex news 15 sept. the terms to exchange bfx to equity
[2016-09-14 20:02:28] I-am-Legend : where will the terms be published ?
[2016-09-14 20:02:54] I-am-Legend : why would it pump based on the speculation?
[2016-09-14 20:02:59] I-am-Legend : there is no news yet?
[2016-09-14 20:03:13] I-am-Legend : how do they know terms will be good ?
[2016-09-14 20:03:20] I-am-Legend : maybe terrible terms lol
[2016-09-14 20:03:50] aethlios : I-am-Legend: because a stock has no 1 usd cap, I guess bitfiex will post announcement on the site, down announcements tab.
[2016-09-14 20:04:14] I-am-Legend : it does have 1 usd cap
[2016-09-14 20:04:17] aethlios : speculation or insiders already know.
[2016-09-14 20:04:26] I-am-Legend : the debt has 1 $ cap
[2016-09-14 20:04:46] I-am-Legend : i guess when you turn that debt to equity there will be no cap
[2016-09-14 20:04:50] I-am-Legend : like you said
[2016-09-14 20:05:06] Tetsuo : hopium probably already priced in, i expect a crash on news
[2016-09-14 20:05:20] aethlios : I-am-Legend: bfx has, but the stock has not 1 usd cap, after the announcement the bfx stops to be a debt coin, it will have an option added to it to exchange it for stocks.
[2016-09-14 20:05:40] I-am-Legend : cant crash when they are paying out 1$ monthly .. your getting almost double ur money
[2016-09-14 20:06:27] I-am-Legend : on that bank of futures site right ?
[2016-09-14 20:06:47] arbitrage001 : people think bfx management will be generous and reward small shareholders?
[2016-09-14 20:06:50] Tetsuo : Lol, when was the last time Bitfinex has done anything in favor of their customers? ?
[2016-09-14 20:07:06] arbitrage001 : anyone thinking this way done any charity lately?
[2016-09-14 20:08:00] I-am-Legend : Tetsuo: they didnt liquidate that was the biggest favor they did returning funds
[2016-09-14 20:08:12] aethlios : we have to now the magic number: what % of the company the bfx holders will get, so then we have an estimation of what is the value of finex based on managment opinion, and then the market will value bitfinex above or below. But bfx as a stock can attract investors to accumulate and increase their % in the company's board.
[2016-09-14 20:09:31] arbitrage001 : aethlios: if you are pre-hack owners, will you set policy in favor on post-hack shareholders?
[2016-09-14 20:11:09] aethlios : arbitrage001: better have less of somethong valuable and alive, than own a hole dead cat.
[2016-09-14 20:13:32] arbitrage001 : yes, but you were implying they will set valuation so low the token will value above 1 usd
[2016-09-14 20:13:46] rapidtrades : aethlios: there will be no company 'board' because its not an actual stock
[2016-09-14 20:14:05] arbitrage001 : there were already speculation bfx valuing themselves at 200m
[2016-09-14 20:14:15] arbitrage001 : which make it an extremely bad investment
[2016-09-14 20:14:19] rapidtrades : u ppl deserve to lose every penny just like those DAO idiots
[2016-09-14 20:14:43] arbitrage001 : rapidtrades: i will hold token and get out at 1 usd
[2016-09-14 20:14:55] arbitrage001 : not exchanging for equity
[2016-09-14 20:15:08] aethlios : wait for the news and we talk again with our analysis.
[2016-09-14 20:15:29] arbitrage001 : aethlios: right, no point to argue now
[2016-09-14 20:15:42] aethlios : arbitrage001: price could be above 1 during the exchange period
[2016-09-14 20:16:05] aethlios : so don't place a 1 usd limit order.
[2016-09-14 20:16:57] arbitrage001 : i will be happy to get out at 0.8 today actually
[2016-09-14 20:17:17] arbitrage001 : maybe change my opinion after they release more detail
[2016-09-14 20:17:22] aethlios : arbitrage001: just wait, don't get hurry.
[2016-09-14 20:19:23] rapidtrades : there's no reason it should be at 61 cents, its a ticking time bomb
[2016-09-14 20:20:01] arbitrage001 : rapidtrades: there is also no reason btc at current price
[2016-09-14 20:20:18] arbitrage001 : or all the alt coin valuing themselves so high
[2016-09-14 20:20:38] rapidtrades : u have been warned
[2016-09-14 20:20:44] rapidtrades : u can't fix stupid
[2016-09-14 20:21:00] aethlios : rapidtrades: sold at 0.30???
[2016-09-14 20:21:28] arbitrage001 : i bought a lot in the .3 range
[2016-09-14 20:22:04] rapidtrades : aethlios: ur retarded
[2016-09-14 20:23:03] habibi : rapidtrades: u should be happy, ur hair cut is now only 14% instead 36%
[2016-09-14 20:23:09] aethlios : rapidtrades: ok tell us what price you sold? you had money of finex. Why you don't tell?? If you keeped the coins why you say others to sell now or regret??
[2016-09-14 20:23:39] habibi : aethlios: its called pita
[2016-09-14 20:26:39] mjones : why does english = british flag
[2016-09-14 20:28:27] mjones : i guess i'll be able to live with it
[2016-09-14 20:39:02] Tetsuo : An Alphabay exit scam sure would provide a nice monero crash. They are already overdue.
[2016-09-14 21:18:41] Samirum : 1
[2016-09-14 21:26:41] habibi : BitMEX_Sam: any eta on zcash launch here?
[2016-09-14 21:26:51] BitMEX_Sam : habibi: The plan is tomorrow.
[2016-09-14 21:27:15] habibi : great, thanks
[2016-09-14 21:47:00] tankboy : oh my
[2016-09-14 21:47:13] tankboy : zcash coming
[2016-09-14 21:49:44] BitMEX_Sam : It will be a very simple product, 2x max, marked to LastPrice as there isn't any underlying market.
[2016-09-14 21:49:59] BitMEX_Sam : It'll settle end of Dec and we'll mark it to the #1 spot market at the time.
[2016-09-14 21:54:27] aethlios : So traders where do you estimate the price will be for zcash??
[2016-09-14 21:54:51] habibi : depends when major exchanges will add it like polo
[2016-09-14 21:55:06] habibi : if within first 30 days price can spike a lot due to low mining supply in that itme
[2016-09-14 21:55:10] habibi : 34* days
[2016-09-14 21:56:51] BitMEX_Sam : Yep, https://github.com/zcash/zcash/issues/762#issuecomment-213658623
[2016-09-14 21:57:08] arti : hey, how will zcash be traded here if it's not even launched?
[2016-09-14 21:57:14] tankboy : how much expect price ?
[2016-09-14 22:02:05] aethlios : I think could see 50 to 70 usd in spot first 3 days, because of hype, huge demand and no supply, but here the price will be the expected price at late dec. so could spot trade 50 and bitmex 25 or 30.
[2016-09-14 22:04:39] aethlios : now the market leaves the xmr hype period and enters the zcash hyped period. xmr could be going down because of zcash for next 3 months.
[2016-09-14 22:05:27] arti : no way, xmr hypo goes into xrp one
[2016-09-14 22:07:45] cryptotroller : What happen when real zcash is out?
[2016-09-14 22:18:39] BitMEX_Sam : arti: It's a future that expires on the zcash price at the end of Dec. We will expire it on the price at the most liquid market.
[2016-09-14 22:20:16] BitMEX_Sam : When real zcash is out, we will take some time to ascertain what the most stable market is, and we will mark the contract to that index + basis after a grace period.
[2016-09-14 22:20:57] zanza : Did they just add arrows to the browers window header?
[2016-09-14 22:22:16] miramm1115 : Chinese is live, yeah!
[2016-09-14 22:22:52] zanza : https://bfxdata.com/sentiment/longshort.php
[2016-09-14 22:23:01] zanza : wow Finex is at 20% precrash levels
[2016-09-14 22:23:21] BitMEX_Sam : zanza: Yes, we released a major update today.
[2016-09-14 22:23:30] lockhedge : BitMEX_Sam: do you already have a market maker for zcash futures?
[2016-09-14 22:23:37] BitMEX_Sam : 590 commits over the last 3 months finally made it in. We've been doing internationalization behind the scenes.
[2016-09-14 22:23:52] BitMEX_Sam : lockhedge: Yes, we have one party that going to be there at launch, another on deck
[2016-09-14 22:24:01] BitMEX_Sam : It's a hard product to mm so don't expect tight spreads.
[2016-09-14 22:26:00] miramm1115 : BitMEX_Sam: grats Sam, localization is always such a pain
[2016-09-14 22:26:21] BitMEX_Sam : miramm1115: Oh it's terrible. And the site isn't yet 100%, we'll still squashing bugs, but it's very close.
[2016-09-14 22:26:36] BitMEX_Sam : This means we'll have Japanese and other langs in the near future though.
[2016-09-14 22:26:38] habibi : BitMEX_Sam: what the maintaince will be for 2x?
[2016-09-14 22:26:45] BitMEX_Sam : habibi: 25%
[2016-09-14 22:27:02] miramm1115 : Japanese as well, very nice! :+1:
[2016-09-14 22:27:28] BitMEX_Sam : We may lower it when auto-deleveraging hits, TBA.
[2016-09-14 22:29:40] miramm1115 : I had to localize our desktop software to Arabic, took 10 times longer than I thought. Right-to-left is tough :-(
[2016-09-14 22:30:27] BitMEX_Sam : Oh that's brutal.
[2016-09-14 22:30:46] BitMEX_Sam : I now have 100x more respect for apps that are translated, and completely understand why most don't bother.
[2016-09-14 22:33:00] miramm1115 : it doesn't pay off for small startups in most cases, unless there is a client who is ready to pay
[2016-09-14 22:33:38] BitMEX_Sam : This was a good video summing up my frustration: https://www.youtube.com/watch?v=0j74jcxSunY
[2016-09-14 23:31:24] miramm1115 : BitMEX_Sam: great video, thanks!
[2016-09-15 01:19:06] juan_ : Que onda, raza, una pregunta, porque es tan lento la carga de videos en linux mate?
[2016-09-15 01:25:35] subjective : Anyone has the exact time Zcash is launching here?
[2016-09-15 01:27:02] BitMEX_Greg : subjective: I'll get some more colour from Arthur when he's online, should be sometime day
[2016-09-15 02:25:50] coinrun : BitMEX_Greg: What time zone are you guys in?
[2016-09-15 02:25:59] coinrun : Regarding zcash release time
[2016-09-15 02:26:20] BitMEX_Sam : coinrun: When we announce an exact time it will be in UTC.
[2016-09-15 02:27:00] coinrun : Thanks
[2016-09-15 03:39:31] kingscrown : made steemit post about zcoin addin https://steemit.com/crypto-news/@kingscrown/zerocash-to-be-added-to-bitmex-trading-in-less-than-24h
[2016-09-15 04:34:05] omicron : BitMEX_Sam: hey guys checked out the chinese versin. looks pretty good
[2016-09-15 04:35:22] omicron : is this for simplified chinese? are you targeting mainland china
[2016-09-15 04:37:04] omicron : BitMEX_Sam: 590 commits total or just of i18n
[2016-09-15 04:37:54] BitMEX_Arthur : omicron: yes mainland China
[2016-09-15 04:38:20] BitMEX_Arthur : But now we can support a variety of languages as well
[2016-09-15 04:38:25] BitMEX_Wally : 590 commits for i18n
[2016-09-15 04:38:48] omicron : BitMEX_Arthur: congrats and great strategy
[2016-09-15 04:39:03] omicron : BitMEX_Wally: props to you guys, i18n is harder than diamond dick
[2016-09-15 04:43:01] omicron : BitMEX_Wally: Im guessing the chinese members of your team acted as translators?
[2016-09-15 04:43:11] omicron : i.e native chinese speakers
[2016-09-15 04:43:15] BitMEX_Wally : omicron: Yes
[2016-09-15 04:43:32] omicron : BitMEX_Wally: let me just say again: it has come out well.
[2016-09-15 04:43:54] BitMEX_Arthur : omicron: Sam will be very happy to hear that
[2016-09-15 04:43:58] BitMEX_Wally : Thanks :)
[2016-09-15 04:44:47] omicron : i really want you (or someone) to break the chinese exchange monopoly. so im sure all your users are rooting for you
[2016-09-15 04:50:20] makermoney2017 : hello where can i find zcash?
[2016-09-15 04:50:53] BitMEX_Wally : It will be here shortly
[2016-09-15 04:51:16] makermoney2017 : thanks
[2016-09-15 04:55:52] bubba : anyone know if the user count includes bot count
[2016-09-15 04:58:37] miramm1115 : bubba: I think it doesn't, I saw bot count > user count
[2016-09-15 04:59:27] bubba : how can they distinguish tho?
[2016-09-15 05:00:04] miramm1115 : API connection vs web endpoint?
[2016-09-15 05:02:15] omicron : so a lot of bots. im guessing market makers and/or coinigy and other interfaces
[2016-09-15 05:11:00] omicron : can rebalance and funding occur at different times? right now i see two clocks with the exact same time on the page header
[2016-09-15 05:30:15] BitMEX_Wally : Funding is every 8 hours, rebalance every 24 hours
[2016-09-15 07:04:28] BitMEX_Wally : ZECZ16 is open for trading: https://www.bitmex.com/app/trade/ZECZ16
[2016-09-15 07:07:48] s4lt : ayy
[2016-09-15 07:08:07] s4lt : Here come the zec futures :)
[2016-09-15 07:10:23] aethlios : I am buying 10000 zcash *0.0085 btc.
[2016-09-15 07:18:48] Boontjie : aethlios: Note: the official Zcash currency is non-existent until our October 28th launch. Only testnet coins exist and they carry no value.
[2016-09-15 07:21:11] omicron : wtf, so bitmex is offering contracts against testnet pricing?
[2016-09-15 07:21:32] BitMEX_Wally : The ZECZ16 future will be cash settled at the price of Zcash on 30th December
[2016-09-15 07:21:54] BitMEX_Wally : Real Zcash as traded on Poloniex
[2016-09-15 07:22:17] omicron : i meant why would anyone trade futures on a coin that does not exist
[2016-09-15 07:22:40] BitMEX_Wally : Precisely because the coin does not exist yet
[2016-09-15 07:23:03] BitMEX_Wally : Futures give you the benefit of going long or short, and leverage too
[2016-09-15 07:23:10] BitMEX_Wally : All margined and cash settled in Bitcoin
[2016-09-15 07:23:12] omicron : oh, so that they can pre-pump and dump
[2016-09-15 07:23:31] omicron : i get it.... dangerous game, but i get it
[2016-09-15 07:24:53] aethlios : omicron: now only testnet coins exist on the test network of zcash, but ZECZ16 is based on the real coin and it's price 30 of Dec.
[2016-09-15 07:25:33] omicron : so the pricing will switch from testnet to livenet as soon as zcash goes live?
[2016-09-15 07:25:41] Boontjie : I suppose if the development gets delayed you can just roll over the future
[2016-09-15 07:25:46] BitMEX_Wally : We're not using testnet pricing, that would be insane
[2016-09-15 07:26:14] BitMEX_Wally : This is a future on Zcash that will settled based on the price on 30th December
[2016-09-15 07:26:36] BitMEX_Wally : As there is no underlying spot price the contracts are marked to the last traded price of the future
[2016-09-15 07:26:41] omicron : so how do you compute index
[2016-09-15 07:26:49] omicron : if there is no spot
[2016-09-15 07:26:58] BitMEX_Wally : There is no index yet
[2016-09-15 07:27:00] aethlios : yes they can make a new contract expiring 30 june, but the risk of delay is priced in futures price
[2016-09-15 07:27:47] omicron : so index price is VWAP
[2016-09-15 07:28:17] BitMEX_Wally : The .ZECXBT30M index will be a 30 minute TWAP
[2016-09-15 07:28:30] BitMEX_Wally : Based on minutely snaps from Poloniex (or whatever the most liquid exchange is)
[2016-09-15 07:28:56] omicron : why twap instead of vwap
[2016-09-15 07:29:42] BitMEX_Wally : Makes it harder for a whale to manipulate the settlement price
[2016-09-15 07:29:51] BitMEX_Wally : Also easier for people to un-wind their hedges
[2016-09-15 07:30:41] omicron : maybe twap everything and get rid of spot indexes
[2016-09-15 07:32:32] BitMEX_Wally : We use a TWAP of spot
[2016-09-15 07:34:41] BitMEX_Wally : So to clarify, ZECZ16 is a future that will settle at the 30 minute TWAP price of ZECXBT on the most liquid spot exchange on 30th December 2016 at 12:00 UTC. In the mean time, for the purposes of unrealised PNL the contracts will be marked to the last traded price of the contract.
[2016-09-15 07:35:44] rapidtrades : wtf is zcash
[2016-09-15 07:35:59] BitMEX_Wally : rapidtrades: It's the future
[2016-09-15 07:36:05] rapidtrades : k
[2016-09-15 07:36:23] rapidtrades : stilll no news about buttfinex token?
[2016-09-15 07:37:38] omicron : zcash = bitcoin + monero
[2016-09-15 07:37:53] omicron : not exactly, but for simplification
[2016-09-15 07:38:01] rapidtrades : they said 15th but knowing finex they will f*ck up again
[2016-09-15 07:38:30] omicron : what do you guys think of finex? their coin has doubled in value
[2016-09-15 07:43:49] omicron : BitMEX_Wally: you really think zcash will replace bitcoin?
[2016-09-15 07:44:21] BitMEX_Wally : No idea but it looks like a promising technology
[2016-09-15 07:44:42] omicron : ya, i agree.
[2016-09-15 07:45:04] omicron : if the block time is short, theres no stopping it
[2016-09-15 07:53:21] miramm1115 : cool, I bought 5 zcash futures, will be rich in 3 month ;-)
[2016-09-15 07:56:26] aethlios : I think block time 2.5 minutes with 2mb per block, so 8 times more capacity than btc 4*2 mb
[2016-09-15 07:57:05] miramm1115 : ok, you convinced me, bought some more :-)
[2016-09-15 07:58:05] aethlios : miramm1115: maybe you buy expensive in this price. the game needs patience.
[2016-09-15 07:58:51] miramm1115 : the goal is to push the price up to 0.1-0.2 before trading starts, then unload all
[2016-09-15 08:00:02] miramm1115 : I just don't see anyone shorting this future, too dangerous
[2016-09-15 08:00:52] aethlios : miramm1115: that's agood strategy, maybe 30 to 50 usd on launch because on no supply, but fair price 5 usd for me (21 mill. coins *5= 100 mill.)
[2016-09-15 08:01:54] aethlios : miramm1115: yes because no index is wrong to short, or short 120 usd with well funded account.
[2016-09-15 08:04:51] BitMEX_Wally : The investors who have already bought in don't get their coins for a while after launch, so maybe they'll short the future to hedge their position
[2016-09-15 08:05:32] aethlios : BitMEX_Wally: http://buy.zeropond.com/
[2016-09-15 08:06:15] aethlios : BitMEX_Wally: also can buy a mining contract and arb selling the future, if you manage to mine below the future price, then you profit.
[2016-09-15 08:07:36] BitMEX_Wally : Will be interesting to see price discovery on the future
[2016-09-15 08:08:35] BitMEX_Wally : The bid offer spread is 5% which is tighter than I expected
[2016-09-15 08:16:14] Kra : LOOOOOLLL ZCASH ORDER BOOK now EMPTY!
[2016-09-15 08:16:18] Kra : amazing
[2016-09-15 08:17:34] Kra : hey why i cannot buy anymore ZCASH?
[2016-09-15 08:18:33] Kra : what's happening guys?
[2016-09-15 08:18:39] Kra : BitMEX_Wally: hello?
[2016-09-15 08:19:41] Kra : support?
[2016-09-15 08:19:52] Kra : backend manipulation happening?
[2016-09-15 08:19:54] BitMEX_Wally : It hit the limit up price, we'll re-adjust
[2016-09-15 08:20:03] Kra : oh ok
[2016-09-15 08:20:04] Kra : thanks
[2016-09-15 08:20:27] BitMEX_Wally : In order to prevent manipulation, we have a 20% limitUp/limitDown rule
[2016-09-15 08:20:36] Kra : mhhh... ok got it
[2016-09-15 08:21:04] aethlios : @BitMEX_Wally 20% from last 30 minute twap??
[2016-09-15 08:21:06] Kalman : BitMEX_Wally: the 'more details' link in the contract details gives a 404
[2016-09-15 08:21:14] Kalman : for zcash
[2016-09-15 08:21:40] BitMEX_Wally : Kalman: this page? https://www.bitmex.com/app/contract/ZECZ16
[2016-09-15 08:21:55] BitMEX_Wally : aethlios: It is 20% from the previous close price, which is the last traded price at the end of the 8 hour session
[2016-09-15 08:21:57] Kalman : yep
[2016-09-15 08:22:39] BitMEX_Wally : Kalman: Refresh your browser and let me know if it happens again?
[2016-09-15 08:23:34] Kra : again market for ZCASH stopped
[2016-09-15 08:23:43] Kra : ?
[2016-09-15 08:24:55] Kalman : BitMEX_Wally: fine
[2016-09-15 08:37:41] Kra : again i cannot buy zec
[2016-09-15 08:37:43] Kra : ....
[2016-09-15 08:38:31] zanza : This ZCash funding rate is insane
[2016-09-15 08:38:36] zanza : ate all mah profits
[2016-09-15 08:38:45] BitMEX_Wally : Kra: We've just widened the limit from 20% to 25%
[2016-09-15 08:38:59] BitMEX_Wally : zanza: ZECZ16 is a future, not a swap, there is no funding rate
[2016-09-15 08:39:09] zanza : R U SAYIN IM A LIAR
[2016-09-15 08:39:14] zanza : :)
[2016-09-15 08:39:39] BitMEX_Wally : I couldn't possibly fail to disagree with you less
[2016-09-15 09:00:27] habibi : BitMEX_Wally: any details about price up/down limits on zec ?
[2016-09-15 09:00:48] BitMEX_Wally : habibi: We're adjusting them manually, the goal is just to prevent manipulation
[2016-09-15 09:01:05] Boontjie : habibi: margin call looming :)
[2016-09-15 09:01:17] habibi : BitMEX_Wally: every 8 hours or every minute?
[2016-09-15 09:01:34] habibi : i mean continuously?
[2016-09-15 09:05:17] habibi : btw is there even a 1% chance to manipulate the funding to own benefits while being main mm at the same time ;p? if yes whats the reason u don't try to prevent that one :p?
[2016-09-15 09:05:22] BitMEX_Wally : The limitUp/limitDown is reset automatically around the session close price every 8 hours. But we are manually adjusting it at the moment to let it rise
[2016-09-15 09:05:53] miramm1115 : I watch one show and you guys pump zcash 100%? that's not bad
[2016-09-15 09:06:19] miramm1115 : maybe I should watch one more
[2016-09-15 09:06:37] REKT : Liquidated short on `ZECZ16`: Buy 1 @ 0.05813 :punch: :whale:
[2016-09-15 09:10:07] aethlios : BitMEX_Wally: better use ZECXBT30M as limit up limit down 25%, so it can be dynamic.
[2016-09-15 09:10:35] BitMEX_Wally : `.ZECXBT30M` won't print until the spot market opens
[2016-09-15 09:18:37] klee : anyone knows the total zec coins that will be mined?
[2016-09-15 09:19:01] miramm1115 : klee: 21mln, same as bitcoin
[2016-09-15 09:19:27] klee : ridiculously overpriced so
[2016-09-15 09:19:32] klee : but ....
[2016-09-15 09:20:25] miramm1115 : 1 zcash = 1 bitcoin
[2016-09-15 09:20:30] Tetsuo : soon
[2016-09-15 09:20:33] aethlios : we are in a hyped zcash period, usally need 6 months for hype to go away
[2016-09-15 09:20:43] klee : 40$ now
[2016-09-15 09:20:46] klee : interesting
[2016-09-15 09:21:15] klee : I think no coin have ever reached parity with btc
[2016-09-15 09:21:28] klee : maybe I am wrong and why not zec? lol
[2016-09-15 09:21:35] klee : anything can happen
[2016-09-15 09:22:20] klee : around 850m market cap - 1bn should be resistance
[2016-09-15 09:22:30] Tetsuo : : - )
[2016-09-15 09:27:31] NRG0 : so what do we think the opening price will be when it opens on polo. guess??
[2016-09-15 09:27:57] Tetsuo : We are awaiting BTC parity within the first 2 days
[2016-09-15 09:34:32] klee : we?
[2016-09-15 09:35:02] klee : I will short at 0.1
[2016-09-15 09:35:04] klee : :P
[2016-09-15 09:38:06] NRG0 : nice
[2016-09-15 09:41:55] Kalman : Tetsuo: Where does BTC draw is value from?
[2016-09-15 09:42:55] Tetsuo : i wasn´t serious....
[2016-09-15 09:42:55] Kalman : ^its
[2016-09-15 09:43:24] Tetsuo : ^this
[2016-09-15 09:43:32] Tetsuo : oo tits
[2016-09-15 09:45:11] klee : lol
[2016-09-15 09:45:14] klee : and lol
[2016-09-15 09:45:37] klee : has zec a premine for the founders?
[2016-09-15 09:45:51] klee : maybe they will pump this here to offload expensive at Polo
[2016-09-15 09:48:21] BitMEX_Wally : The founders and investors of ZEC get allocated 10% of the block reward for the first 4 years I think
[2016-09-15 09:48:32] BitMEX_Wally : So it's like lots of little insta-mines
[2016-09-15 09:49:16] klee : so not much selling pressure
[2016-09-15 09:49:19] klee : good
[2016-09-15 09:49:22] klee : "Zcash funded development partially by pre-selling ZEC coins to investors. A portion of each block reward will be given to initial investors for a period of time. The spot market will be quite illiquid until enough blocks have been mined, and block rewards earned. Initial investors can forward sell their allotment of ZEC by selling futures contracts."
[2016-09-15 09:49:27] klee : just saw this
[2016-09-15 09:49:38] klee : any plans to add IOTA?
[2016-09-15 09:49:55] klee : I am eager to short this shit
[2016-09-15 09:53:53] klee : btw you are doing awesome job here guys (despite the fact that every time I trade here I get REKT :P )
[2016-09-15 09:55:15] BitMEX_Wally : Not heard of IOTA before. If people start talking about it we'll thinking about listing it
[2016-09-15 09:56:47] klee : oh you will...
[2016-09-15 09:57:05] klee : are you admin or the Boss here?
[2016-09-15 09:57:15] klee : I am the CryptXO founder
[2016-09-15 09:57:22] klee : working to make an ALT Index
[2016-09-15 09:57:33] klee : based on Relative Strength
[2016-09-15 09:57:51] klee : I was wondering if something like this could be traded here
[2016-09-15 09:57:54] BitMEX_Wally : I'm a co-founder along with Arthur and Sam
[2016-09-15 09:57:58] klee : nice
[2016-09-15 09:58:57] BitMEX_Wally : If you have an index we could launch a future or swap on it, given enough demand
[2016-09-15 09:59:39] klee : I will contact you
[2016-09-15 09:59:49] klee : if & when ready
[2016-09-15 10:00:19] klee : I am managing 160 btc right now from customers
[2016-09-15 10:00:43] klee : If this grows it would help ;)
[2016-09-15 10:00:54] BitMEX_Wally : klee: Great, you can email info@bitmex.com it goes straight to us
[2016-09-15 10:01:04] klee : (y)
[2016-09-15 10:01:32] klee : thx
[2016-09-15 10:05:05] ARMANI : LOL -40$ ZEC!
[2016-09-15 10:05:39] ARMANI : THX =)))
[2016-09-15 10:06:55] kdeath : g'day from sydney
[2016-09-15 10:07:12] kdeath : @Wally - great job on getting zcash up
[2016-09-15 10:08:14] BitMEX_Wally : No worries, just a bit of config
[2016-09-15 10:08:33] kdeath : someone needs to let the folks on reddit/r/ethtrader know about this instrument - plenty of latent trading demand whilst ETH is in a holding pattern
[2016-09-15 10:12:44] BitMEX_Arthur : kdeath: We definitely will
[2016-09-15 10:14:38] REKT : Only one ZEC REKT so far, we need to REKTify that!
[2016-09-15 10:16:17] kdeath : cool... could I ask what username the post will be from?
[2016-09-15 10:17:51] subjective : kdeath: good day from Sydney too
[2016-09-15 10:17:59] BitMEX_Arthur : Bitmexdotcom
[2016-09-15 10:18:30] kdeath : good o
[2016-09-15 10:19:08] BitMEX_Arthur : https://www.reddit.com/r/zec/comments/52v7mr/bitmex_launches_2x_leveraged_zcash_futures/?st=IT46OP0X&sh=d5942835
[2016-09-15 10:19:33] BitMEX_Arthur : Please upvote
[2016-09-15 10:21:25] Kra : and here wew go with ZEC
[2016-09-15 10:21:34] Kra : thanks for the support in this first rise up
[2016-09-15 10:21:36] Kra : ;)
[2016-09-15 10:22:03] Kra : i think ZEC will be 0.1 at least by this evening
[2016-09-15 10:22:06] Kra : ;)
[2016-09-15 10:23:50] subjective : When are they going to list Zcash on Polo
[2016-09-15 10:24:19] subjective : we are just playing Molopoly money until that happens
[2016-09-15 10:24:51] subjective : would this be another DAO price crash on arrival
[2016-09-15 10:27:25] Kra : i'm starting hating this things of buy orders stop cause of the limits
[2016-09-15 10:27:29] Kra : :(
[2016-09-15 10:28:50] kdeath : @subjective - profits to be made, even with monopoly money.... however, u gotta ask yourself is ZEC currently worth 4x XMR ?
[2016-09-15 10:29:17] Mm bot : or 3x ETH
[2016-09-15 10:29:38] kdeath : my 2c
[2016-09-15 10:30:00] kdeath : check out the zcash webpage.... impressive list of devs and VC investment
[2016-09-15 10:30:22] kdeath : Lord Vitalik himself is an advisor FWIW
[2016-09-15 10:30:35] Mm bot : Lol, I can't buy this any more. Because it is already on limit
[2016-09-15 10:31:38] breasal : Lots of ZEC hype, that's for sure....
[2016-09-15 10:31:46] Mm bot : There is only one direction Zcash can go, as no one can buy any more. Amazing
[2016-09-15 10:32:11] haxmb : what are the up down limits?
[2016-09-15 10:32:21] haxmb : and when is the price target shifted?
[2016-09-15 10:32:33] Kra : ZEC already got 3 limits
[2016-09-15 10:32:35] Kra : lol
[2016-09-15 10:32:45] Mm bot : 20%, no one can buy anymore. U can only short it
[2016-09-15 10:32:58] Kra : let's adjust it and we cna buy
[2016-09-15 10:33:00] haxmb : when does it update? Mm bot/Kra
[2016-09-15 10:33:10] Kra : i don't know
[2016-09-15 10:33:13] haxmb : ok
[2016-09-15 10:33:16] Kra : i asked before and they adjusted
[2016-09-15 10:33:19] Kra : i think manually
[2016-09-15 10:33:49] Kra : ZEC is going to be insane
[2016-09-15 10:33:51] Kra : trust me
[2016-09-15 10:33:52] Kra : ;)
[2016-09-15 10:34:07] kdeath : @Kra - rationale?
[2016-09-15 10:34:21] Kra : kdeath: what means?
[2016-09-15 10:34:44] haxmb : worth more than ETH?
[2016-09-15 10:34:48] Kra : sure
[2016-09-15 10:34:51] haxmb : that shit doesnt happen overnight
[2016-09-15 10:34:53] haxmb : you're insane
[2016-09-15 10:34:55] kdeath : @Kra - what's your thinking for ZEC insanity
[2016-09-15 10:34:56] Kra : eth revealed true sh*t
[2016-09-15 10:35:30] Kra : kdeath: i think at least 0.1
[2016-09-15 10:35:59] kdeath : @Kra - what are the drivers for zec?
[2016-09-15 10:36:23] kdeath : in your opinion
[2016-09-15 10:36:29] Kra : great dev, great idea, great tech
[2016-09-15 10:36:33] Kra : no ICO, only true mining
[2016-09-15 10:36:40] Kra : max anon system from scratch
[2016-09-15 10:37:24] Icarly : +1
[2016-09-15 10:37:41] kdeath : got it... and the price target is based on reach ~1bn market cap?
[2016-09-15 10:37:50] kdeath : *reaching
[2016-09-15 10:37:53] Kra : maybe ...
[2016-09-15 10:38:48] neverrazor : yoo
[2016-09-15 10:38:52] kdeath : anyone have an insight onto the ETA for Polo listing ZEC? I want to get in at the ground!
[2016-09-15 10:39:32] neverrazor : how can i change my trollbox name
[2016-09-15 10:40:26] BitMEX_Wally : neverrazor: I can change it for you now, or send an email to support@bitmex.com
[2016-09-15 10:40:53] neverrazor : yes please change it to Kahir
[2016-09-15 10:40:56] neverrazor : thanks <3
[2016-09-15 10:40:58] Mm bot : 30 Zcash buy pumps the price by 20%, that is the reason it is going up
[2016-09-15 10:41:03] Kra : BitMEX_Wally: hey wally, what about the limit on zec again ? :P
[2016-09-15 10:41:10] BitMEX_Wally : Kra: It's been raised
[2016-09-15 10:41:11] BitMEX_Wally : neverrazor: Done
[2016-09-15 10:41:26] Kra : cool
[2016-09-15 10:42:17] Mm bot : I don't think this is healthy, why bother with a limit when it is 300% up alreadt
[2016-09-15 10:42:33] Kahir : yo
[2016-09-15 10:42:36] Kahir : thanks man
[2016-09-15 10:43:31] BitMEX_Wally : Mm bot: Basically so someone can't crash it down 75% and cause liquidations
[2016-09-15 10:43:35] Icarly : What is the difference between "Size" and "Total"?
[2016-09-15 10:44:10] BitMEX_Wally : Icarly: In the order book, total is just a cumulative sum of the size
[2016-09-15 10:44:24] kdeath : @wally - how long do you foresee that the ZEC limits will be in place?
[2016-09-15 10:45:03] BitMEX_Wally : kdeath: While we are marking to last price, which will be until the spot markets open
[2016-09-15 10:45:26] Kra : when does the spot market will come live? do you know?
[2016-09-15 10:45:34] Mm bot : Let's pump another 300% to liquidate the shorts
[2016-09-15 10:45:41] BitMEX_Wally : Zcash needs to come live first.... who knows
[2016-09-15 10:45:51] BitMEX_Wally : End of October if all goes to plan
[2016-09-15 10:45:58] Kra : ok got it
[2016-09-15 10:45:58] haxmb : Kra: 28 october
[2016-09-15 10:46:10] Kra : so bring this sh*t to 0.5
[2016-09-15 10:47:15] Mm bot : This is Zcash casino until late Oct, put down your bets until someone short a large position
[2016-09-15 10:47:34] Kra : Mm bot: mhh nobody so stupid to do so
[2016-09-15 10:47:45] Kra : early buyers already got out for 2,5 X
[2016-09-15 10:48:13] greedyowl : Wally, any chance to see the ZEC candle sticks with balance 0 ? or do i have to logout then ?
[2016-09-15 10:48:15] Kra : now the floor is 0.06
[2016-09-15 10:50:39] BitMEX_Wally : greedyowl: Not sure I understand what you mean?
[2016-09-15 10:51:18] BitMEX_Wally : greedyowl: Ahh, before you make your first deposit the chart is replaced with your deposit address.
[2016-09-15 10:51:39] BitMEX_Wally : greedyowl: Click on your username top right and switch to Advanced dashboard layout
[2016-09-15 10:51:39] greedyowl : oh ok thats what i wanted to know
[2016-09-15 10:51:52] greedyowl : thank you
[2016-09-15 10:52:02] subjective : I think this is pretty unethical to allow a non existing asset to be traded where 5BTC can move the market that much, it is like bookmaking.
[2016-09-15 10:52:27] subjective : without a bookie to set the odds
[2016-09-15 10:52:50] haxmb : subjective: i completely agree
[2016-09-15 10:52:58] haxmb : usually Yobit does these kind of things
[2016-09-15 10:53:34] BitMEX_Wally : It's not non-existent, there are investors who have paid to go long, they just can't sell spot yet.
[2016-09-15 10:53:47] BitMEX_Wally : And the market seems to be quoting both sides
[2016-09-15 10:55:14] haxmb : the problem is non-existant supply
[2016-09-15 10:55:27] haxmb : anyone with a deep pocket can just move the market wherever he wants
[2016-09-15 10:58:01] BitMEX_Wally : With 50% initial margin requirement it is very expensive to push the market around
[2016-09-15 10:58:24] subjective : Wait, there is actually zero Zcash in existence, you can't mine this coin yet, you can only mine test net coins
[2016-09-15 10:59:34] subjective : that is why I am calling this unethical, you can at least transfer actual Augur/Digix token before they become traded on Polo
[2016-09-15 10:59:34] haxmb : they will only start receiving zcash once the network starts
[2016-09-15 11:00:20] BitMEX_Wally : There are OTC deals with Zcash investors happening already
[2016-09-15 11:00:27] subjective : anyway, those are either investor to the entity or Zcash mining operation
[2016-09-15 11:01:54] subjective : That are trading IOU-UIM (I own you until I mined) a coin
[2016-09-15 11:02:49] haxmb : whalepanda describes it here
[2016-09-15 11:02:49] haxmb : https://twitter.com/WhalePanda/status/776374960516366336
[2016-09-15 11:02:59] haxmb : if there are OTC deals going on
[2016-09-15 11:03:08] subjective : crypto heads are pushing things to another level.
[2016-09-15 11:03:12] haxmb : those are crazy futures
[2016-09-15 11:21:23] breasal : How did you determine the index price?
[2016-09-15 11:22:30] breasal : for ZEC that is...
[2016-09-15 11:23:59] breasal : chat bug or is everyone quite now? :)
[2016-09-15 11:24:51] BitMEX_Wally : breasal: There is no index price yet, we originally guessed it would open around $10 or $15
[2016-09-15 11:27:49] breasal : @BITMEX_Wally thanks...also is there a way to default 3 min interval when coming back to trade?
[2016-09-15 11:28:50] BitMEX_Wally : breasal: We don't support TWAP or VWAP algos if that's what you're asking. We have a full API though
[2016-09-15 11:30:02] breasal : no just on your advanced view platform...everytime I change tabs to account or references, etc and come back to trade, the default chart is 1D
[2016-09-15 11:32:07] BitMEX_Wally : Ahh, the chart should remember your preference
[2016-09-15 11:33:07] breasal : it was a bit wonky before but now it seems to remember settings....thanks
[2016-09-15 11:34:24] sleger : so zcash is already valued at 10% of bitcoin ?
[2016-09-15 11:34:37] sleger : sorry 7% ?
[2016-09-15 11:35:41] habibi : sleger: yea, insta mining, 21 milion coins in 1 day
[2016-09-15 11:39:22] habibi : with current price, and lets say 50$ market cap we are at 174th day of mining zcash.
[2016-09-15 11:49:52] sleger : we are at 7% market cap of bitcoin and that's crazy
[2016-09-15 11:50:10] habibi : marketcap is supply*price right?
[2016-09-15 11:50:18] sleger : congrats
[2016-09-15 11:50:23] habibi : so do ur math again :)
[2016-09-15 11:50:39] sleger : 21m coins ?
[2016-09-15 11:51:08] habibi : at 174th day of mining, zcash cap with current price will be at 50m $
[2016-09-15 11:51:13] habibi : more or less
[2016-09-15 11:51:50] sleger : i was looking at eventual total supply, ok
[2016-09-15 12:02:04] Kra : ZEC is still on testnet only
[2016-09-15 12:02:13] Kra : main net coins will com eout end of october
[2016-09-15 12:02:59] Kra : so this is the only source of trading for ZEC here
[2016-09-15 12:03:17] Kra : this means we can reach whatever price we want at this point until coins come on spot market such polo
[2016-09-15 12:03:19] Kra : ;)
[2016-09-15 12:03:46] Kra : i suppose we can reach 0.15 in few days
[2016-09-15 12:03:52] Kra : if not even by tomorrow
[2016-09-15 12:04:07] Kra : and also
[2016-09-15 12:04:13] Kra : most important thing for zec
[2016-09-15 12:04:25] Kra : no inflation until main net release :)
[2016-09-15 12:04:43] habibi : even then first 34 days are nothing and will become a big party for speculators
[2016-09-15 12:04:51] habibi : almost nothng*
[2016-09-15 12:05:27] Mm bot : Kra: sure, there are 0 coins there.
[2016-09-15 12:06:07] Kra : that's a nice way to push up initial price
[2016-09-15 12:06:16] Kra : hype will explode for this
[2016-09-15 12:17:22] habibi : BitMEX_Wally: could u change orderbook grouping values for zcash for better look
[2016-09-15 12:30:49] BitMEX_Sam : habibi: We're going to add more binning options. I'll ping you when that's live.
[2016-09-15 12:32:44] habibi : great, thanks
[2016-09-15 12:53:12] Slashterix : Am I reading this correctly? ZEC at ~$40?
[2016-09-15 12:53:53] BitMEX_Sam : Yeah, that's correct.
[2016-09-15 12:54:43] breasal : @Bitmex_Sam where did the initial sell tokens come from and how many?
[2016-09-15 12:54:52] breasal : ZEC