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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-09-15 19:47:52] rapidtrades : sleger: so how is that market making going on forex [2016-09-15 19:53:40] sleger : fine. Do you have problems with your mt4 algos ? [2016-09-15 19:55:32] rapidtrades : no [2016-09-15 20:00:17] justinlooking : XMRekt [2016-09-15 20:30:55] arti : When will u add xrp? [2016-09-15 20:38:41] rapidtrades : looks like EU plans to go tough on UK [2016-09-15 20:38:48] rapidtrades : not gonna end well for any of them [2016-09-15 20:39:04] rapidtrades : maybe that will finally move the f*cking euro the shit of a currency [2016-09-15 22:26:49] luckylarry : im about to get in on this ZCASH BABY [2016-09-15 22:27:39] Cryptoprofit : Zcash - here i come! :) [2016-09-15 22:33:38] mjones : xmr dumping [2016-09-15 22:37:32] REKT : Liquidated long on `XMR7D`: Sell 890 @ 0.015443 [2016-09-15 22:37:32] REKT : Liquidated long on `XMR7D`: Sell 4 @ 0.015418 :punch: :whale: [2016-09-15 22:42:39] Rizky : anyone know how many ZEC's will be avail at launch? [2016-09-15 22:42:42] Rizky : save me Googling... [2016-09-15 22:43:22] lockhedge : https://forum.z.cash/t/final-zcash-mining-specifications/355 [2016-09-15 22:44:14] habibi : Rizky: 0 at launch [2016-09-15 22:44:32] Rizky : ah [2016-09-15 22:44:34] Rizky : shokran habibi [2016-09-15 22:58:43] Hawtdawg : no one trading zcash yet [2016-09-15 23:02:11] Rizky : wonder if people here can stay interested for the 40 days... [2016-09-15 23:03:21] Susperia : ZCash is at least 10x overvalued [2016-09-15 23:05:14] Susperia : ICO price 50c, now it's $40. You are kidding me. Even testnet is broken. [2016-09-15 23:13:51] rapidtrades : i don't even know what zcash is [2016-09-15 23:15:51] Susperia : Bitcoin fork with anonymity snake-oil [2016-09-15 23:16:17] Susperia : Overhyped after Monero rise, like Boolberry [2016-09-15 23:16:19] rapidtrades : oh built on bitcoin eh...that's interesting [2016-09-15 23:16:46] rapidtrades : u now u have anonymity plus security of bitcoin network [2016-09-15 23:17:03] Susperia : lol it has no security of bitcoin network, son [2016-09-15 23:17:19] rapidtrades : how so [2016-09-15 23:17:40] Susperia : You either retard or trolling me so I am out [2016-09-15 23:18:11] rapidtrades : k [2016-09-15 23:19:20] Susperia : I hope morons will buy as much as possible ZCrap from me so i will laugh on them in december [2016-09-15 23:20:41] rapidtrades : if tokens from a insolvent compnay can trade at 60 cents, then why not zcash at $40? [2016-09-15 23:21:31] Susperia : because both scam? [2016-09-15 23:22:35] rapidtrades : well u know what they sy [2016-09-15 23:22:45] rapidtrades : one man's trash is another man's treasure [2016-09-15 23:26:44] sleger : Susperia: wow, you went out for a full 2 minutes, impressive ! [2016-09-15 23:30:45] smagin07 : who's the insolvent company? [2016-09-15 23:31:14] Susperia : smagin07: finex [2016-09-15 23:31:28] smagin07 : ahhhhh right [2016-09-15 23:31:39] smagin07 : They swear to pay you back though! [2016-09-15 23:31:42] smagin07 : :) [2016-09-15 23:31:51] smagin07 : pinky promise [2016-09-15 23:34:17] rapidtrades : sleger: will u convert to shares? [2016-09-15 23:34:26] sleger : no [2016-09-15 23:34:48] sleger : obv it depends on the terms, but i highly doubt it will be even remotely interesting [2016-09-15 23:34:59] sleger : although i'm sure a lot of idiots will go for it [2016-09-15 23:35:05] rapidtrades : noone that owns tokens plans to convert [2016-09-15 23:35:27] rapidtrades : everyone is hoping others will do it and they can dump on their heads [2016-09-15 23:36:16] rapidtrades : i wonder if they will include the tokens in the 'raised amount' on ibankwiththefuture [2016-09-15 23:36:22] rapidtrades : or whatever that joke of a site is called [2016-09-15 23:39:18] rapidtrades : bitcoin is waiting for the finex resolution too [2016-09-15 23:40:00] Susperia : finex resolution must be staff in a jail [2016-09-15 23:41:32] rapidtrades : their pot-smoking PR said today so likely tomorrow night [2016-09-15 23:41:43] rapidtrades : judging by past experience [2016-09-15 23:42:33] rapidtrades : its amazing that finex was the top usd site...they must have been faking volume all along [2016-09-15 23:47:33] sleger : rapidtrades: I think a lot of people want so much to hold a "piece" of bitfinex [2016-09-15 23:48:16] sleger : and they still are top usd site [2016-09-15 23:48:49] rapidtrades : yeah, right [2016-09-15 23:49:13] sleger : i highly doubt they are faking any volume [2016-09-15 23:49:13] rapidtrades : open ur eyes man...they were the main players on their exchange [2016-09-15 23:49:36] rapidtrades : i highly doubt theyr'e faking volume <<< this fcuking guy [2016-09-15 23:49:42] rapidtrades : eth investor sleger [2016-09-15 23:49:56] sleger : we are not talking about huobi or 0kcoin [2016-09-15 23:50:03] rapidtrades : smtimes it feels like im the only sane person about here [2016-09-15 23:50:19] sleger : there's a saying : [2016-09-15 23:50:24] rapidtrades : i'm literally shedding IQ points by being here [2016-09-15 23:50:26] sleger : if it's everyone then it's you [2016-09-15 23:50:48] rapidtrades : yeah? must be lost in translation [2016-09-15 23:50:52] rapidtrades : the saying [2016-09-15 23:51:08] sleger : nope, if you think everyone else it's stupid, then it's likely you [2016-09-15 23:51:15] sleger : (who is stupid...) [2016-09-15 23:52:48] rapidtrades : yeah that makes sense [2016-09-15 23:53:18] lockhedge : 2 : 1 for rapidtrades "01:35 - rapidtrades: everyone is hoping others will do it and they can dump on their heads" [2016-09-15 23:56:12] sleger : lockhedge: not time to go to bed in France ? [2016-09-15 23:56:30] rapidtrades : sleger: are u back from japan? [2016-09-15 23:56:50] sleger : oh yes [2016-09-15 23:57:01] rapidtrades : how was it :) [2016-09-15 23:57:20] sleger : very clean, I like when people vacuum the sidewalks [2016-09-15 23:59:58] BitMEX_Greg : sleger: Tokyo? [2016-09-16 00:00:37] rapidtrades : sleger: that sounds weird as hell [2016-09-16 00:01:06] rapidtrades : must be a nice change from the pisshole that is Paris [2016-09-16 00:01:23] rapidtrades : then again....can u vacuum piss? [2016-09-16 00:02:19] sleger : BitMEX_Greg: yes [2016-09-16 00:02:28] BitMEX_Greg : One of my favourite cities [2016-09-16 00:02:32] sleger : rapidtrades: Paris is clean, take a look at hk or nyc [2016-09-16 00:03:06] sleger : I like the food a lot in Tokyo, that's the best thing [2016-09-16 00:03:22] rapidtrades : seafood? [2016-09-16 00:03:26] BitMEX_Greg : Yeah its amazing. There's a great tempura place in Ginza [2016-09-16 00:03:50] sleger : yes, grilled fish, sashimi, but also just noodle soups... [2016-09-16 00:04:30] sleger : tempura is like french fries though, hard to screw it up [2016-09-16 00:05:15] BitMEX_Greg : I disagree. I think the way they cook the batter and the quality of the ingredients go a long way [2016-09-16 00:06:33] sleger : Fair enough. I just wouldnt say tempura is great food, or quality food, or what makes Tokyo famous for food [2016-09-16 00:06:47] sleger : just like some people think there are awesome pizzas etc... [2016-09-16 00:07:02] sleger : Tokyo is the world city with the most 3 star michelin restaurants [2016-09-16 00:07:10] BitMEX_Greg : Yeah that's right [2016-09-16 00:07:16] sleger : (they rarely serve tempuras) [2016-09-16 00:07:17] BitMEX_Greg : this ginza place is one of them [2016-09-16 00:07:26] sleger : what's the name ? [2016-09-16 00:07:36] BitMEX_Greg : I'll find out, it's pretty famous [2016-09-16 00:08:49] BitMEX_Greg : Where else did you go? [2016-09-16 00:09:14] sleger : hmm michelin website 3 stars tokyo has 0 restaurant with tempura [2016-09-16 00:09:22] sleger : tokyo and a lunch in kyoto [2016-09-16 00:09:33] sleger : (i dont travel for fun) [2016-09-16 00:09:37] BitMEX_Greg : I'll try find the name from my friend. [2016-09-16 00:09:50] BitMEX_Greg : Fair enough, on bitcoin business? [2016-09-16 00:09:56] sleger : no [2016-09-16 00:10:27] rapidtrades : sleger: man that's sad...did they at least give u a good hotel [2016-09-16 00:10:42] BitMEX_Greg : What do you do besides this? If you care to discuss on chat [2016-09-16 00:10:59] sleger : i choose my own hotel so yes, mandarin @rapidtrades [2016-09-16 00:11:04] sleger : BitMEX_Greg: I trade FX [2016-09-16 00:11:08] mjones : xmr beartrend over [2016-09-16 00:11:17] BitMEX_Greg : PA? [2016-09-16 00:11:24] sleger : BitMEX_Greg: PA = ? [2016-09-16 00:11:46] rapidtrades : price action :) [2016-09-16 00:11:56] BitMEX_Greg : personal account [2016-09-16 00:12:03] rapidtrades : aaah [2016-09-16 00:12:08] sleger : no proprietary trading company [2016-09-16 00:13:07] BitMEX_Greg : Cool, do you get a good % cut? [2016-09-16 00:13:18] sleger : yes that's the point [2016-09-16 00:13:52] sleger : just share some of the sharable costs, and take most of the rest home [2016-09-16 00:14:21] BitMEX_Greg : That's good. I've seen a few here in NY that basically give you the leverage but take a lot of the profit [2016-09-16 00:14:52] sleger : well if you hire anyone then that's what you would do [2016-09-16 00:15:17] BitMEX_Greg : I know [2016-09-16 00:15:38] sleger : my base is already multiples of 100k (eur, gbp, usd whatever) [2016-09-16 00:15:50] sleger : so if they didnt know who i was they would be taking huge risks [2016-09-16 00:16:22] sleger : some companies even ask you to put your own money at risk first, give you a tiny tiny base, but then you have a decent % of profits [2016-09-16 00:16:30] sleger : that works if you have no track record [2016-09-16 00:17:05] rapidtrades : how long of a track record did u have? weren't u a programer in past life [2016-09-16 00:17:29] sleger : track record length depends on what your sharpe/trading frequency is [2016-09-16 00:17:43] sleger : if you have a 10+ sharp then 6months is more than enough [2016-09-16 00:17:49] sleger : no i never was a developer [2016-09-16 00:17:56] BitMEX_Greg : Yeah I've seen that too. You provide about 5-10k and they give you another 50k or so [2016-09-16 00:18:00] rapidtrades : lol @10 sharp [2016-09-16 00:18:09] BitMEX_Greg : 10x sharpe? [2016-09-16 00:18:25] BitMEX_Greg : Most I've seen is about 3-4 [2016-09-16 00:18:26] rapidtrades : he means 10 [2016-09-16 00:18:27] sleger : 10+ sharp is a never 3days in the red - ish [2016-09-16 00:18:35] sleger : i mean 10 + [2016-09-16 00:18:44] rapidtrades : well that's crazy [2016-09-16 00:18:51] rapidtrades : market making? [2016-09-16 00:18:54] sleger : I have way over that [2016-09-16 00:19:01] sleger : red days are rare [2016-09-16 00:19:07] rapidtrades : cos ur making markets [2016-09-16 00:19:09] sleger : yes [2016-09-16 00:19:23] rapidtrades : that's a sweet gig [2016-09-16 00:19:34] BitMEX_Greg : ever look at commodities at all? [2016-09-16 00:19:35] sleger : but I have friends who are takers a lot and they have 10 + [2016-09-16 00:19:36] rapidtrades : once it stops u can take ur millions and travel for fun [2016-09-16 00:19:58] sleger : a 10+ hours flight is never fun, even in first class [2016-09-16 00:20:13] sleger : BitMEX_Greg: commo, I use them to trade other stuff, but I dont trade them [2016-09-16 00:20:40] sleger : BitMEX_Greg: http://gm.gnavi.co.jp/restaurant/list/tokyo/all_area/all_small_area/tempura/3star/ [2016-09-16 00:20:44] BitMEX_Greg : Some good alpha in the commods curves. I had a pretty good strat before, havnt seen the performance recently though [2016-09-16 00:21:31] BitMEX_Greg : lol let me double check, may have the area or may not just be a tempura specialised place [2016-09-16 00:21:37] sleger : 3 star michelin is rarely below 200$ (before wine) per person, is that what your tempura place was ? @BitMEX_Greg [2016-09-16 00:21:54] BitMEX_Greg : Yeah it was around that [2016-09-16 00:22:36] sleger : Arthur is more generous than I thought :p [2016-09-16 00:22:42] rapidtrades : why would u pay $200 for food..... [2016-09-16 00:22:50] rapidtrades : that's like 1 $200 hooker [2016-09-16 00:22:58] rapidtrades : or 4 $50 dollar hookers [2016-09-16 00:23:03] BitMEX_Greg : haha no this is before BitMEX days [2016-09-16 00:23:44] sleger : rapidtrades: one doesnt prevent you from using the other if that's what you want [2016-09-16 00:23:48] BitMEX_Greg : lol [2016-09-16 00:24:42] BitMEX_Greg : You could always go to Pattaya and go crazy, probably get a truckload for $200 [2016-09-16 00:25:06] rapidtrades : i don't like dark-skinned asians [2016-09-16 00:25:29] sleger : someone's racist [2016-09-16 00:25:30] rapidtrades : indians are cool tho....idk why [2016-09-16 00:25:44] rapidtrades : talking about the women @sleger [2016-09-16 00:25:57] rapidtrades : maybe cos indians have no white version [2016-09-16 00:25:58] sleger : does it make it non racist ? [2016-09-16 00:26:28] rapidtrades : so if i don't want to f*ck black women im racist? [2016-09-16 00:27:21] sleger : it depends : are you ok to f*ck black men ? [2016-09-16 00:27:30] rapidtrades : no [2016-09-16 00:27:34] sleger : then yes [2016-09-16 00:27:57] rapidtrades : but i'd do indians....so not racist [2016-09-16 00:28:21] sleger : less but still [2016-09-16 00:29:20] sleger : when is that iphone delivered.... [2016-09-16 00:30:56] rapidtrades : man its still so f*cking hot [2016-09-16 00:30:59] rapidtrades : this is bullshit [2016-09-16 00:31:09] rapidtrades : this is what we get for that mild winter [2016-09-16 00:31:15] rapidtrades : now its payback time [2016-09-16 00:32:19] Susperia : admin [2016-09-16 00:32:31] Susperia : I see [object object] in notifications [2016-09-16 00:34:28] BitMEX_Greg : Susperia: I'll ask Sam about this when he is online. [2016-09-16 00:35:26] BitMEX_Greg : Susperia: I've just been told this has been fixed. We are going to push a fix soon. Thanks for informing us [2016-09-16 00:35:46] Susperia : cool [2016-09-16 00:44:59] BitMEX_Sam : Susperia: Fix has been pushed, thanks for the report - we had this one fixed earlier today but just hadn't deployed it. [2016-09-16 00:45:17] Susperia : awesome [2016-09-16 00:50:59] rapidtrades : sleger: any thoughts on cable or US stocks? [2016-09-16 01:07:07] REKT : Liquidated long on `FCTXBT`: Sell 100 @ 0.005329 [2016-09-16 01:39:41] laisee : rapidtrades: did u read Arthurs latest BitMex post? [2016-09-16 01:56:55] rapidtrades : laisee: which one? i see 3 [2016-09-16 02:14:07] REKT : Liquidated long on `BFXU16`: Sell 602 @ 0.47010 [2016-09-16 02:14:21] REKT : Liquidated long on `BFXU16`: Sell 313 @ 0.45940 [2016-09-16 02:14:22] REKT : Liquidated long on `BFXU16`: Sell 56 @ 0.45610 [2016-09-16 02:23:38] rapidtrades : wowowow [2016-09-16 02:23:45] rapidtrades : ok announcement up? [2016-09-16 02:24:24] rapidtrades : well...they just dumped on ur asses [2016-09-16 02:25:36] rapidtrades : https://www.reddit.com/r/BitcoinMarkets/comments/52zcbv/bitfinex_special_purpose_vehicle_spv_opportunities/ [2016-09-16 02:28:42] rapidtrades : am i only one who's up? i don't even have position on tokens [2016-09-16 02:36:32] rapidtrades : u can't even short them with this 10% dsicount [2016-09-16 02:40:41] rapidtrades : talk to me animals...i see u trading the tokens [2016-09-16 02:51:50] muirtastic : That BFX liquidation made for an easy trade..in at 39...out at 47, two minutes later [2016-09-16 02:52:04] muirtastic : Of course don't ask me how well I did shorting it these past few weeks :-/ [2016-09-16 02:54:31] rapidtrades : classic pump&dump [2016-09-16 02:54:43] rapidtrades : prolly not seeing the 60 cents high ever again [2016-09-16 02:56:12] muirtastic : yes probably not [2016-09-16 02:59:19] rapidtrades : can smone post the investor data https://bnktothefuture.com/pitches/bitfinex [2016-09-16 03:18:47] AudibleScience : I just bumped into a hidden order but was still charged a taker fee? [2016-09-16 03:20:49] AudibleScience : How is that possible? I thought hidden orders automatically paid the taker fee no? [2016-09-16 03:24:47] BitMEX_Jinming : AudibleScience: Can you send the details to support@bitmex.com? and I will check it. [2016-09-16 03:28:19] AudibleScience : BitMEX_Jinming: no need, it's OrderID was feb687 [2016-09-16 03:29:01] rapidtrades : http://www.zerohedge.com/news/2016-09-14/stock-trading-whiz-kid-fined-15-million-sec-being-paper-trading-fraud [2016-09-16 03:30:16] AudibleScience : BitMEX_Jinming: {"orderID":"a23d7902-30c5-ea42-edcf-5f1338feb687"} [2016-09-16 03:30:31] BitMEX_Jinming : AudibleScience: ok [2016-09-16 03:33:49] BitMEX_Jinming : AudibleScience: It was not hidden order, submitted 10 sec before your order. [2016-09-16 03:38:12] omicron : BitMEX_Jinming: are hidden orders included in volume [2016-09-16 03:38:26] omicron : i.e. if i have a hidden order that matches with another hidden order [2016-09-16 03:39:01] BitMEX_Jinming : omicron: yes they are included in volume [2016-09-16 03:39:43] AudibleScience : BitMEX_Jinming: lol really! okay never mind then. I'm sure there was no order at that price in the gui when I had a look 1 second before I submitted my order though. but that's impossible right? hehe probably just a case of user error then. [2016-09-16 03:39:45] BitMEX_Jinming : omicron: hidden order is normally passive order, so they won't match with each other. [2016-09-16 03:40:31] BitMEX_Jinming : AudibleScience: probably due to latency? [2016-09-16 03:42:29] AudibleScience : ~9 ~10 seconds latency??!! I truly hope not bro! [2016-09-16 03:49:25] BitMEX_Jinming : AudibleScience: I can see the best ask was 604.38 from 10 sec before your order. I will check with Sam if it could be any potential problem with the gui. [2016-09-16 03:50:11] AudibleScience : BitMEX_Jinming: thanks [2016-09-16 03:51:49] AudibleScience : Do you know when the entry price will reflect the true entry price post rebalance? Or did Sam already do that? [2016-09-16 03:56:34] BitMEX_Jinming : AudibleScience: it is already showing the true entry price. In your `Open Positions` tab, you can see your entry price, and if you hover on that, it shows last rebalance price. [2016-09-16 04:01:10] AudibleScience : BitMEX_Jinming: I see, cheers. [2016-09-16 04:01:31] BitMEX_Jinming : :) [2016-09-16 04:05:47] REKT : Liquidated short on `ZECZ16`: Buy 13 @ 0.07774 [2016-09-16 04:05:47] REKT : Liquidated short on `ZECZ16`: Buy 10 @ 0.07774 [2016-09-16 04:09:01] jose : i dont understand, is there any places where we can trade zcash except here ? [2016-09-16 04:10:03] AudibleScience : jose: The Zcash genesis block will launch in 41 days... [2016-09-16 04:10:23] BitMEX_Wally : jose: BitMEX is the only place you can trade Zcash [2016-09-16 04:11:24] AudibleScience : BitMEX_Jinming: still getting [object: Object] notices sometimes? [2016-09-16 04:14:26] BitMEX_Jinming : AudibleScience: yeah Sam has fixed it, and we will release the fix soon. [2016-09-16 04:14:56] AudibleScience : great! [2016-09-16 04:15:03] omicron : smart move list zcash so early. bitmex i think makes good strategic moves [2016-09-16 04:58:48] aethlios : Hello, 120 mill. is the valuation of bitfinex. What do you think?? With 0.5 bfx is like 60 mill. [2016-09-16 05:06:00] omicron : so its half off nigga, buy [2016-09-16 05:06:19] omicron : huh, i said n1gga and it changed to CEO [2016-09-16 05:06:45] aethlios : 6 mill net annual profit for finex, they value the company at a 20 p/e, with 1 usd bfx price, with 0.5 they value it at 10 p/e [2016-09-16 05:07:16] omicron : i dont get it why is n1gga censored to CEO [2016-09-16 05:08:08] aethlios : you need to apply until 30 Sept. to receive the new tradeable stock at 1:1 for bfx [2016-09-16 05:09:02] aethlios : they have 0.18% net margin, so for each 1000 usd volume they make 1.8 usd net profit. [2016-09-16 05:15:49] BitMEX_Wally : omicron: Our CEO is a CEO [2016-09-16 05:15:56] aethlios : Is Sam here to make a conversation about bitfinex deal?? From first sight i think is a bargain, with 0.5 usd bfx, you buy bitfinex with 60 mill valuation, 10 p/e in a fast growth sector. [2016-09-16 05:15:58] arbitrage001 : the market doesnt like the proposed plan by bfx [2016-09-16 05:16:38] arbitrage001 : aethlios: dude, seeing the market reaction, it appears to be not favorable [2016-09-16 05:19:11] aethlios : they plan to offer option trading at the end of the year. [2016-09-16 05:19:58] arbitrage001 : aethlios: they said a lot of things in the past few years [2016-09-16 05:20:05] arbitrage001 : most become vaporware [2016-09-16 05:21:50] arbitrage001 : and i dont believe bitcoin option will work [2016-09-16 05:22:25] aethlios : I have 53000 bfx, I will buy 47.000 more at 0.5 price and redeem for stock, since the stock will be tradeable I can use them for margin, Need to decide until 30 Sept, but I will buy them now in case of a rally and think better next days. [2016-09-16 05:22:26] arbitrage001 : there will be no market maker quoting reasonable price [2016-09-16 05:23:52] aethlios : arbitrage001: Think how the crypto market will be in 5 years, this market grows very fast. Now 7 coins above 100 mill market value, + zcash soon, much fiat comes in the market. [2016-09-16 05:24:17] arbitrage001 : bubble land doesnt last forever [2016-09-16 05:24:49] arbitrage001 : and all bubble asset eventually end badly for most [2016-09-16 05:24:55] arbitrage001 : benefiting very few [2016-09-16 05:25:10] aethlios : arbitrage001: crypto market is a bubble?? So internet was a bubble in 1996?? [2016-09-16 05:25:28] arbitrage001 : internet companies were bubble [2016-09-16 05:25:37] arbitrage001 : internet isn't [2016-09-16 05:25:42] aethlios : it is a new tech, I am talking about crypto and blockchain tech. [2016-09-16 05:25:44] arbitrage001 : even AOL went bust? [2016-09-16 05:26:16] arbitrage001 : and you think that will benefit if you are shareholder for an exchange? [2016-09-16 05:35:35] aethlios : arbitrage001: so bitfinex now valued at 62.5 mill. with bfx at 0.51, this is not a cheap entry?? [2016-09-16 05:38:18] arbitrage001 : aethlios: on paper, it looks cheap [2016-09-16 05:39:11] arbitrage001 : but seeing the market reaction, the risk appears higher than what they claimed [2016-09-16 05:42:18] jose : every 6 months a bad event occurs for bitfinex [2016-09-16 05:42:29] arbitrage001 : just finished reading their exit plan [2016-09-16 05:42:49] arbitrage001 : they didn't say anything on dividend [2016-09-16 05:43:47] arbitrage001 : implying you will only get back your money if they offer ipo [2016-09-16 05:47:14] aethlios : arbitrage001: exit plan is like going bitfinex public in a fiat exchange. This they mean. The RRT, will be tradeable, in bitfinex platform as I guess. [2016-09-16 05:48:20] arbitrage001 : RRT is a lost cause [2016-09-16 05:48:25] arbitrage001 : anyway [2016-09-16 05:48:28] arbitrage001 : if you plan to buy [2016-09-16 05:48:37] aethlios : since you have RRT you will receive dividends, but dividends are a bad sign, a profitable company in a growth sector better invest the net cash. Buffets company berkshire never paid dividends. [2016-09-16 05:48:43] arbitrage001 : i suggust you wait till last few days [2016-09-16 05:48:50] arbitrage001 : see if there is any sucker [2016-09-16 05:49:18] arbitrage001 : did you read RRT carefully? [2016-09-16 05:49:33] aethlios : I will buy now more tokens and think more next days (since more opinions will be out there) if I will convert to RRT [2016-09-16 05:50:49] arbitrage001 : aethlios: you have been wrong on many times [2016-09-16 05:51:08] aethlios : bought 50.000 at 0.52, now wait and think, I have 103.000 bfx now. [2016-09-16 05:51:14] arbitrage001 : didnt you say it the token will be at 1 today? [2016-09-16 05:51:35] arbitrage001 : and i told you i will be glad to get out at 0.8 yesterday [2016-09-16 05:51:49] arbitrage001 : now it is trading at 0.51 [2016-09-16 05:53:34] aethlios : arbitrage001: It will rally, wait the deal is good, I mean the 120 valuation, need to check details next days. [2016-09-16 05:53:59] aethlios : but only 10 days to decide. [2016-09-16 05:54:10] arbitrage001 : if the detail is good, why do you think many sold and the price drop? [2016-09-16 05:56:20] aethlios : knee jerk reaction. [2016-09-16 05:57:15] aethlios : I have to go now, talk again in a few hours, happy to listen to your opinion about what is better to do in next days. [2016-09-16 05:57:18] arbitrage001 : i am re-reading rrt to check dividend part [2016-09-16 05:57:26] arbitrage001 : ok [2016-09-16 06:29:35] REKT : Liquidated short on `FCTXBT`: Buy 241 @ 0.005729 [2016-09-16 06:43:01] omicron : BitMEX_Wally: haha reminds me of south park our marklaar is marklaar [2016-09-16 06:46:38] arbitrage001 : aethlios: re-read everything [2016-09-16 06:47:19] arbitrage001 : aethlios: read more carefully on the valuation, you made a lot of wrong assumption [2016-09-16 06:47:34] arbitrage001 : aethlios: same on rrt [2016-09-16 07:14:11] rapidtrades : arbitrage001: ok so net is 6mil at prehack so posthack let's say 3mil [2016-09-16 07:14:39] rapidtrades : that's a 60/1 pe is it not? [2016-09-16 07:15:06] rapidtrades : where are ppl coming up with the figure of 20mil for 2017 [2016-09-16 07:16:00] rapidtrades : they also kept 11 mil EXTRA not just 10% of tokens like they said [2016-09-16 07:16:17] rapidtrades : scamming shits [2016-09-16 07:17:03] rapidtrades : https://imgur.com/a/CpBu0 [2016-09-16 07:17:30] rapidtrades : raising money with unaudited statements....now ive seen it all [2016-09-16 07:20:24] rapidtrades : this is complete bullshit....they had 7mil net last year and they project 'conservative' 20mil for 2017 [2016-09-16 07:20:26] rapidtrades : like wtf [2016-09-16 07:23:07] rapidtrades : also says valuation is 120mil but 40% of that is not 80mil [2016-09-16 07:23:41] rapidtrades : these ppl are too stupid to math and check their own prospect...this is one big joke [2016-09-16 07:39:09] rapidtrades : sharp gains in Yuan past two days...not good for bitcorn [2016-09-16 07:54:20] jose : what is going on in BTC, so much movements... but the price is not moving [2016-09-16 07:58:10] miramm1115 : someones bot is gone crazy [2016-09-16 08:19:58] miramm1115 : new okc quarterly is up, still pretty cheap [2016-09-16 08:29:05] Kalman : rapidtrades: whats your valuation? [2016-09-16 08:29:34] Kalman : rapidtrades: btw thx for the docs [2016-09-16 08:36:57] rapidtrades : idk 50-70m? don't trade stocks so no clue how to value distressed companies [2016-09-16 08:37:43] bob.r : i was just looking at my positions, and it said i was liquidated but at a price 20% lower than the price ever reached. [2016-09-16 08:37:54] rapidtrades : 5-10 pe seems around where it should be [2016-09-16 08:37:59] jose : there is a problem on the chart [2016-09-16 08:38:00] bob.r : i was long bfx, got liquidated at 0.3244 [2016-09-16 08:38:32] bob.r : price only ever got to 0.389 [2016-09-16 08:39:40] rapidtrades : on the low leverage instruments bitmex has a bigger buffer for liquidations....so 20% seems ok [2016-09-16 08:40:01] rapidtrades : not saying its right but that's how it works [2016-09-16 08:40:51] jose : maximum leverage 5x = 20% ;) [2016-09-16 08:43:07] bob.r : ok yeah, maintenance margin was at 20%, makes sense i suppose [2016-09-16 08:44:08] Kalman : rapidtrades: are ther anywhere data for the last month resp. Aug 10th? [2016-09-16 08:44:21] Kalman : ^since [2016-09-16 09:09:52] REKT : Liquidated long on `FCTXBT`: Sell 35 @ 0.005438 [2016-09-16 09:34:18] j8 : what up bitmex [2016-09-16 09:34:56] zanza : sup [2016-09-16 09:35:17] Molyoloo : anyone some expectations on Zcash? [2016-09-16 09:35:50] jose : look at the price, i think most of us have high expectations for it [2016-09-16 09:36:01] j8 : i was just reading up on it a bit. there are so few coins at first [2016-09-16 09:39:04] j8 : it will be really overvalued in the near term, and difficult / expensive to short [2016-09-16 09:45:33] j8 : 0.08 seems high for a brand new alt with an eventual supply of 21 million. there will only be around 300k in circulation when `ZECZ16` settles though [2016-09-16 09:46:24] jose : how much coins are mined every day ? [2016-09-16 09:47:49] Susperia : zcash value is 0 BTC. I will laught on liauidation storm. [2016-09-16 09:48:46] Susperia : ICO price is 50 cents. Now it's near $50. And it DOES NOT EXIST. Even testnet is broken [2016-09-16 09:49:23] j8 : jose: i haven't found an official source for that but from what i gather it'll be 12.5 per 2.5 minutes, so 7200 a day. BUT for the first 20000 blocks (around 5 weeks) the reward ramps up from zero to 12.5 [2016-09-16 09:51:06] jose : at 0.08BTC the cost to maintain the network is 350K USD per day [2016-09-16 09:51:25] j8 : of that 12.5, 10 goes to miners and 2.5 to the dev fund. until the first halving after four years, then it's just to the miners [2016-09-16 09:51:27] jose : i dont see it happen, like no way [2016-09-16 09:58:52] j8 : it will launch with a lot of hype, we're already talking about it and it's 6 weeks away. a lot of people will want in and there's no ico. i agree the supply will dominate at this price, it's just a matter of whether that will happen before dec 30th [2016-09-16 10:08:16] nezal : 300,000 * $200 = $60 mil market cap [2016-09-16 10:08:40] nezal : much crazier things have happened [2016-09-16 10:19:12] miramm1115 : my price target for the zcahs future is 0.1-0.2 before spot trading starts. but of course we have to crash the market couple times before that to pick up liquidations, it's not fun without couple crashes [2016-09-16 10:26:57] j8 : miramm1115: are you mm'ing it? [2016-09-16 10:27:37] rapidtrades : noone talking about buttfinex anymore? [2016-09-16 10:29:29] haxmb : jose: agree [2016-09-16 10:29:34] miramm1115 : no, I'm going away for couple weeks, well have very limited internet access, so I stopped all my bots. most likely will give it a try when I come back @j8 [2016-09-16 10:29:35] haxmb : 350k USD [2016-09-16 10:29:51] miramm1115 : *will have [2016-09-16 10:30:30] j8 : nice, vacation? [2016-09-16 10:30:34] miramm1115 : yep [2016-09-16 10:30:43] j8 : I'm still on mine [2016-09-16 10:31:03] miramm1115 : oh nice, when are you coming back? [2016-09-16 10:32:45] j8 : I'm slowly getting back into trading but still travelling for the indefinite future [2016-09-16 10:33:43] miramm1115 : zcash is kinda hard to MM without the spot market, maybe will have to buy some OTC to hedge short position here [2016-09-16 10:34:49] j8 : yeah, but can you even do that since they don't exist yet? [2016-09-16 10:34:55] miramm1115 : it's nice when you can just travel indefinitely, enjoy it while you can [2016-09-16 10:35:17] zanza : the index is .247 tho [2016-09-16 10:35:27] zanza : no mark [2016-09-16 10:35:35] zanza : so how are liquidation handled? [2016-09-16 10:35:40] j8 : it's marked to last price [2016-09-16 10:35:44] zanza : rofl [2016-09-16 10:35:46] zanza : casino [2016-09-16 10:35:52] haxmb : 20% LULD [2016-09-16 10:36:14] miramm1115 : it's like a pre-order, you can buy zcash IOU from miners [2016-09-16 10:36:27] haxmb : miramm1115: at 100x premium lol [2016-09-16 10:36:33] j8 : with 25% limit up/down at least @zanza [2016-09-16 10:36:45] haxmb : j8: 25%? my bad :) [2016-09-16 10:37:26] j8 : oh I could be wrong, I checked earlier but maybe forget [2016-09-16 10:37:33] haxmb : yeah im not sure either :D [2016-09-16 10:37:51] zanza : Monero master race [2016-09-16 10:38:46] miramm1115 : anyway, zcash market is too thin ATM to spend any time on it [2016-09-16 10:41:28] miramm1115 : though I made 0.8 btc in 40 minutes yesterday :-) [2016-09-16 10:42:00] j8 : awesome [2016-09-16 10:45:37] haxmb : miramm1115: in scalps? or positional [2016-09-16 11:05:40] miramm1115 : haxmb: positional, bought when it opened, sold 40 minutes later. but the market too thin, small buy pushed the price 25% [2016-09-16 11:30:10] haxmb : miramm1115: ah yeah, a long below 0.05 was nice [2016-09-16 12:03:23] ruen2012 : hello [2016-09-16 12:24:51] mjones : hi [2016-09-16 13:21:35] REKT : Liquidated long on `ZECZ16`: Sell 1 @ 0.06187 :punch: :whale: [2016-09-16 13:24:26] awsome : hello [2016-09-16 13:43:41] herpinator : How/where can I short Deutsche bank? Can anyone help? [2016-09-16 13:43:51] haxmb : herpinator: lol [2016-09-16 13:43:52] haxmb : not here [2016-09-16 13:43:58] herpinator : obviously [2016-09-16 13:44:11] haxmb : brokerage account [2016-09-16 13:44:19] haxmb : what country you in [2016-09-16 13:44:19] herpinator : where [2016-09-16 13:44:21] herpinator : UK [2016-09-16 13:44:22] REKT : Liquidated short on `ETHXBT`: Buy 2 @ 0.02000 :punch: :whale: [2016-09-16 13:44:34] arbitrage001 : herpinator: once the news is out, it is probablly too late to short [2016-09-16 13:44:52] herpinator : arbitrage001: I know, your right [2016-09-16 13:45:00] haxmb : if he wants to trade, let him do it i suppose [2016-09-16 13:45:10] haxmb : search for brokers that provide german stocks as well [2016-09-16 13:45:13] haxmb : large ones [2016-09-16 13:45:17] haxmb : that allow reg from UK [2016-09-16 13:45:31] herpinator : sad really I've been thinking about it since I heard about the massive exposure it had [2016-09-16 14:01:54] sleger : use interactive brokers for that [2016-09-16 14:02:51] herpinator : sleger: i will look into it thanks [2016-09-16 14:38:01] Martinos : https://bnktothefuture.com/pitches/bitfinex [2016-09-16 14:49:46] lockhedge : what happened to Bitfinex's investments in Tether, Shapeshift, Blockstream and Netki? did they forget to mention their assets? [2016-09-16 14:50:54] BitMEX_Sam : "Oops." [2016-09-16 14:51:13] Martinos : haha [2016-09-16 14:52:50] lockhedge : afaik Tether is (was?) wholly owned by Bitfinex. they operate under the same MSO license that is held by Renrenbee Limited, a (former?) iFinex subsidiary [2016-09-16 14:53:24] arbitrage001 : lockhedge: what is your opinion on what they propose? [2016-09-16 14:53:38] arbitrage001 : good or bad investment? [2016-09-16 14:54:17] arbitrage001 : too vague still regarding dividend or further dilution [2016-09-16 14:54:21] arbitrage001 : ? [2016-09-16 14:58:35] lockhedge : arbitrage001: the main problem is that the current shareholders (they keep at least 60%) very likely receive other forms of remuneration from Bitfinex. what should stop the management from paying=receiving generous salaries? [2016-09-16 14:58:47] times : hi [2016-09-16 15:02:09] lord : guys, can you answer me a short question? If I want to just buy zec, what is not possible, I could buy a contract instead. But I am somehow confused, what leverage I should use. 1x? What does 0x mean. I read the help but somehow I am still confused... [2016-09-16 15:03:21] dasdfasdf : yes 1x is buying without leverage. [2016-09-16 15:04:06] lord : I just want to buy the shit and keep it until it's out to buy the real ones. but I read so much about auto liquidation. Will I not keep it, if its loosing value? [2016-09-16 15:05:39] lord : or is the whole liquidation only for people not using 1x? [2016-09-16 15:06:52] REKT : Liquidated short on `ETHXBT`: Buy 200 @ 0.02042 [2016-09-16 15:07:33] BitMEX_Greg : lord: Just make sure you have sufficient margin. Best to keep your margin setting to Cross Margin [2016-09-16 15:08:35] lord : but there stands, that it costs only half per contract [2016-09-16 15:10:55] BitMEX_Greg : lord: What are you referring to when you say it costs half a contract? [2016-09-16 15:12:08] lord : if I use cross leverage the "Cost" shows 0.0323 XBT for ZEC [2016-09-16 15:12:36] lord : so only 50% of the actual value [2016-09-16 15:12:40] BitMEX_Wally : The initial margin requirement is 50% [2016-09-16 15:13:30] lord : aha, but if I keep the rest in my account, it will be used? [2016-09-16 15:13:34] BitMEX_Wally : Yes [2016-09-16 15:13:37] lord : ok [2016-09-16 15:13:47] BitMEX_Wally : If you just want to be long and not worry about liquidation then set 1x leverage [2016-09-16 15:14:00] BitMEX_Greg : So you are only required to put down 50% of its value as margin to open the contract. If you keep it set to cross margin then if the price goes down the rest of the margin will be used to help with liquidations [2016-09-16 15:14:59] lord : but if I set 1x my whole funds will be used and i keep the contract until I cancel it, right? [2016-09-16 15:15:45] lord : I am just not familiar with the "liquidation" term [2016-09-16 15:15:55] Tetsuo : ETH----->moooooooooon [2016-09-16 15:16:17] BitMEX_Wally : lord: Yes, if you set 1x then the contract will be 100% funded. [2016-09-16 15:16:54] BitMEX_Wally : and you can keep it until you sell, or it expires in December [2016-09-16 15:24:44] jordanbitfort : just logged in and found im 10x long on ETH from .185. Totally forgot about that order for a week. im rollin in the dough [2016-09-16 15:24:58] lockhedge : lord: maintenance margin for ZEC is 25% + exit commission. at 1x you can afford to lose 74.25% of your margin before liquidation. how much volatility do you expect until December? [2016-09-16 15:28:22] lord : that means, that i will still loose the contract, if it drops below 0.015? I wouldn't say, that couldn't happen... [2016-09-16 15:29:47] BitMEX_Greg : lord: You can check your liquidation price in your position table [2016-09-16 15:47:14] zanza : are you going ot add a Mark Price to Zcash? [2016-09-16 15:47:56] BitMEX_Greg : There is nothing to mark it against right now [2016-09-16 15:48:02] BitMEX_Greg : so the marking method is set to Last Price [2016-09-16 15:57:14] rapidtrades : tokens back to 57...ppl are retarted [2016-09-16 16:03:48] mjones : eth doing their devcon pump [2016-09-16 16:07:31] garethtdavies : Why would you get liquidated from a fully funded contract even if lost ~75%? [2016-09-16 16:15:24] migz : "system glitch" lmao [2016-09-16 16:15:43] BitMEX_Greg : We're looking into it. [2016-09-16 16:18:15] Cryptoprofit : Any chance that zCash will hit other markets like Poloniex after launch? [2016-09-16 16:19:32] BitMEX_Greg : Not sure, the issue is there will not be a lot of supply available [2016-09-16 16:20:13] arbitrage001 : rapidtrades: trading is a zero sum games. Mayne you should take advantage of someone else retardness [2016-09-16 16:22:32] rapidtrades : arbitrage001: not entirely accurate considering the 5% discount atm [2016-09-16 16:23:42] Cryptoprofit : Hopefully more miners will come to solve that problem [2016-09-16 16:29:11] rapidtrades : how long does the process take to invest in that butthole? still says $0 [2016-09-16 16:29:22] rapidtrades : when should we start to see the first 'investments' [2016-09-16 16:29:36] rapidtrades : also how much would u value their other investments [2016-09-16 16:29:44] arbitrage001 : rapidtrades: i for one, will not invest [2016-09-16 16:30:36] arbitrage001 : should most token hold the same decision, i think they will go bust [2016-09-16 16:30:53] arbitrage001 : get sued into oblivion [2016-09-16 16:32:16] arbitrage001 : should know in 2-3 days when everyone got the news [2016-09-16 16:33:35] REKT : Liquidated long on `ETHXBT`: Sell 314 @ 0.02086 [2016-09-16 16:34:44] rapidtrades : arbitrage001: well that's not good [2016-09-16 16:35:05] rapidtrades : what in particular changed ur mind? u were very bullish [2016-09-16 16:35:55] arbitrage001 : rapidtrades: i was bulliish on the token [2016-09-16 16:36:02] arbitrage001 : .3 is a good bet [2016-09-16 16:36:12] arbitrage001 : but the deal they are proposing is too shitty [2016-09-16 16:36:37] rapidtrades : so what is that 120mil valuation in the prospect? a typo right [2016-09-16 16:36:43] laisee : arbitrage001: haven't ead ... whats the deal? [2016-09-16 16:36:56] rapidtrades : cos zane says on reddit the actual valuation is 180m [2016-09-16 16:37:08] arbitrage001 : 120M is 6 times earning of a projected 20M profit [2016-09-16 16:37:11] arbitrage001 : total bullshit [2016-09-16 16:37:15] rapidtrades : laisee: https://imgur.com/a/CpBu0 [2016-09-16 16:37:43] rapidtrades : right but neither the 120m nor the 20m figures are accurate [2016-09-16 16:37:47] arbitrage001 : they are raising 80M using 40% of the company equity [2016-09-16 16:37:58] arbitrage001 : meaning real valuation is 200M [2016-09-16 16:38:23] rapidtrades : exactly...so they made a typo in the prospect [2016-09-16 16:38:27] arbitrage001 : on a 6-7M company profit pre-hack [2016-09-16 16:38:43] arbitrage001 : not typo, borderline lies [2016-09-16 16:38:50] arbitrage001 : intended, i think [2016-09-16 16:38:51] rapidtrades : or they purposefully lied to make it seem like a good deal [2016-09-16 16:39:01] rapidtrades : exactly it fits their MO [2016-09-16 16:39:24] arbitrage001 : if they have withhold cash of 10m like they said [2016-09-16 16:39:29] rapidtrades : but it shows where they think the valuation should be...6 times earnings [2016-09-16 16:39:40] arbitrage001 : and this fund raising gives them extra 10m in cash [2016-09-16 16:39:59] arbitrage001 : they should settle most outstanding toekn [2016-09-16 16:40:02] arbitrage001 : that [2016-09-16 16:40:21] arbitrage001 : meaning i can get out at 1 usd should people invest into their bullshit [2016-09-16 16:40:34] rapidtrades : so based on last year 7mil net that's 42m....and based on this year's net maybe 70-80m in total [2016-09-16 16:40:43] arbitrage001 : maybe i should spread their bs here so people will invest, lol [2016-09-16 16:41:05] rapidtrades : but the high figures are IF there is no hit to their reputation [2016-09-16 16:41:33] rapidtrades : arbitrage001: they can't spend that 11mil, it's their sue fund [2016-09-16 16:41:35] arbitrage001 : dont think they care about their reputation at this point [2016-09-16 16:41:52] rapidtrades : but u need rep for ppl to come back there [2016-09-16 16:42:01] arbitrage001 : going to start using another reputable exchange from now on [2016-09-16 16:42:08] arbitrage001 : exactly [2016-09-16 16:42:27] arbitrage001 : the term shown their true color [2016-09-16 16:42:40] arbitrage001 : people were dumping token earlier [2016-09-16 16:42:47] arbitrage001 : down to .39 [2016-09-16 16:43:25] arbitrage001 : something happening on polo [2016-09-16 16:43:33] rapidtrades : back of the envelope math says it shouldn't be worth more then 35-40 cents [2016-09-16 16:43:34] arbitrage001 : leding rate on btc went to 1.3%