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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[2016-10-22 14:54:52] REKT : Liquidated short on `XBTUSD`: Buy 8000 @ 638.01
[2016-10-22 14:55:38] lord : I thought shorters get deleveraged on the amount they can spend. so how can it drop after? if noone is shorting more?
[2016-10-22 14:56:57] lord : or is it the deleveraging set on a time frame? then you really think over your implementation
[2016-10-22 14:57:35] lord : If you need help, feel free to contact me ;-)
[2016-10-22 14:59:06] mjones : china!!
[2016-10-22 14:59:28] mjones : wish i closed my eth and xmr in bigger profit so this btc long would look better
[2016-10-22 14:59:34] rapidtrades : well....$640
[2016-10-22 14:59:48] rapidtrades : guess i should've used my normal size lol
[2016-10-22 14:59:59] mjones : bitfinex is going to get wild
[2016-10-22 15:00:06] rapidtrades : why
[2016-10-22 15:00:23] mjones : $10 higher and barely any sell orders with 8000 BTC short needing to buy back in
[2016-10-22 15:00:27] mjones : 4400
[2016-10-22 15:00:29] mjones : CNY
[2016-10-22 15:00:41] mjones : incoming rektness
[2016-10-22 15:00:56] rapidtrades : wtf
[2016-10-22 15:00:57] REKT : Liquidated short on `XBTUSD`: Buy 5300 @ 642.51
[2016-10-22 15:01:04] chromaticcr1 : DPE popopop
[2016-10-22 15:01:20] rapidtrades : $650 cos why not.....idiots
[2016-10-22 15:03:36] rapidtrades : can't believe bots still pull data from finex
[2016-10-22 15:03:57] Boontjie : rapidtrades: its arbiteage
[2016-10-22 15:04:11] Boontjie : I dont think the bots care where they get the money
[2016-10-22 15:05:14] laisee : That was a quickie P&D
[2016-10-22 15:05:54] Boontjie : https://twitter.com/ibankbitcoins?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
[2016-10-22 15:06:08] Boontjie : The best indicator ever, whatever this guy does, do the opposite
[2016-10-22 15:06:27] REKT : Liquidated short on `XBTUSD`: Buy 8000 @ 645.47
[2016-10-22 15:07:22] REKT : Liquidated long on `ETHXBT`: Sell 4022 @ 0.01860
[2016-10-22 15:07:35] justinlooking : hnghhhngh
[2016-10-22 15:08:19] mjones : bitfinex goes up $13 on 900 BTC volume
[2016-10-22 15:08:34] arbitrage001 : what's going on
[2016-10-22 15:08:38] mjones : rofl
[2016-10-22 15:08:40] arbitrage001 : btc going up
[2016-10-22 15:08:46] mjones : this is great
[2016-10-22 15:08:46] arbitrage001 : not that it affect me
[2016-10-22 15:08:48] REKT : Liquidated short on `XBTUSD`: Buy 86693 @ 646.04 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-10-22 15:08:56] arbitrage001 : wish i didnt close my eth short yesterday
[2016-10-22 15:09:14] mjones : ADL = pissed off traders soo
[2016-10-22 15:09:17] mjones : DPE
[2016-10-22 15:09:30] mjones : whatever closes traders positions
[2016-10-22 15:09:32] arbitrage001 : i mean
[2016-10-22 15:09:42] arbitrage001 : what is the catalyst for btc going up
[2016-10-22 15:09:50] arbitrage001 : news that is
[2016-10-22 15:09:53] arbitrage001 : or rumur
[2016-10-22 15:09:58] arbitrage001 : or just quiet rally
[2016-10-22 15:10:00] mjones : it hit the big resistance so many times that someone finally broke through it
[2016-10-22 15:10:00] rapidtrades : idiots
[2016-10-22 15:10:13] justinlooking : ^prick
[2016-10-22 15:10:14] rapidtrades : that's the catalyst
[2016-10-22 15:10:26] laisee : Stock split Rumour
[2016-10-22 15:10:50] rapidtrades : omg nooooooooooooooo
[2016-10-22 15:10:53] Rado : stock split?
[2016-10-22 15:11:04] rapidtrades : yeah u get 2 for 1
[2016-10-22 15:11:22] rapidtrades : or 1 for 2
[2016-10-22 15:11:27] rapidtrades : whatever
[2016-10-22 15:13:37] arbitrage001 : how is the premium on okcoin on btc future
[2016-10-22 15:14:15] dasdfasdf : 11 bucks?
[2016-10-22 15:14:33] arbitrage001 : how many months?
[2016-10-22 15:14:38] arbitrage001 : dec contract?
[2016-10-22 15:14:44] dasdfasdf : thasts spot sorry
[2016-10-22 15:14:53] mjones : lol xmr
[2016-10-22 15:15:34] arbitrage001 : should it rally more, premium on spot will most likely go up
[2016-10-22 15:15:43] arbitrage001 : time for another round of arbitrage
[2016-10-22 15:16:51] mjones : bitfinex new high
[2016-10-22 15:18:22] REKT : Liquidated long on `XMR7D`: Sell 75 @ 0.009808
[2016-10-22 15:18:56] MrRGnome : About time the post halving bubble showed up.
[2016-10-22 15:18:57] daveberns1 : BFX 660!?
[2016-10-22 15:19:36] rapidtrades : daveberns1: no BTC left
[2016-10-22 15:19:39] chromaticcr1 : we're missing some rekt over here huh
[2016-10-22 15:19:44] rapidtrades : let the stupid abr bots get raped
[2016-10-22 15:22:27] REKT : Liquidated short on `XBTUSD`: Buy 632 @ 649.70
[2016-10-22 15:22:38] mjones : incoming rektness
[2016-10-22 15:23:18] REKT : Liquidated short on `XBTUSD`: Buy 2834 @ 653.77
[2016-10-22 15:23:22] REKT : Liquidated short on `XBTUSD`: Buy 107000 @ 654.00 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-10-22 15:23:25] mjones : LTC/BTC almost new 4 year low
[2016-10-22 15:23:32] chromaticcr1 : rip long ppl
[2016-10-22 15:23:39] mjones : 107k
[2016-10-22 15:23:45] mjones : have fun getting auto closed out during thie pump
[2016-10-22 15:23:53] chromaticcr1 : ADL FTW
[2016-10-22 15:23:54] justinlooking : 672 bfx is joke right?
[2016-10-22 15:24:06] mjones : nope. bitfinex lots of fiat
[2016-10-22 15:24:12] laisee : Bfx is the joke
[2016-10-22 15:26:09] Rado : damn I sold my swap too early
[2016-10-22 15:26:10] Rado : :(
[2016-10-22 15:26:29] Rado : still have some XBJZ16 at least
[2016-10-22 15:26:37] Rado : rapidtrades: what's up man
[2016-10-22 15:26:44] Rado : how are things?
[2016-10-22 15:26:59] mjones : 160 BTC in shorts closed during that pump on Bitfinex. went up $27 too lol
[2016-10-22 15:29:00] Rado : mjones: it's not about one exchange
[2016-10-22 15:29:14] Rado : moves are global
[2016-10-22 15:29:46] Rado : so even if one exchange gas very low volume, the price there will follow the global price
[2016-10-22 15:29:53] Rado : gas = has
[2016-10-22 15:30:51] MrRGnome : I love this volatility. Making life very good at the moment.
[2016-10-22 15:31:00] Rado : MrRGnome: :-)
[2016-10-22 15:31:52] Rado : ZEC not going down with the rest of the shitty coins
[2016-10-22 15:31:56] rapidtrades : i think chinese are just fomoing cos of china
[2016-10-22 15:32:08] rapidtrades : cos of finex
[2016-10-22 15:32:32] Rado : you think finex started the momo?
[2016-10-22 15:32:36] MrRGnome : Probably. I'm not such much into ascribing cause as just riding the waves. Any volatility is good volatility in my book.
[2016-10-22 15:32:51] Rado : agreed MrRGnome
[2016-10-22 15:33:27] Rado : it's so hard to trade when BTC range is $2-3
[2016-10-22 15:33:34] Rado : now is better
[2016-10-22 15:33:57] MrRGnome : looks like we're in a bubble fellas, I don't know about you but I'm tickled pink about it.
[2016-10-22 15:34:08] mjones : ya buddy
[2016-10-22 15:34:21] justinlooking : TWAP != VWAP right?
[2016-10-22 15:34:42] chromaticcr1 : True, T for time, V for volume
[2016-10-22 15:34:46] justinlooking : ty
[2016-10-22 15:35:30] justinlooking : lol dafuq is going on
[2016-10-22 15:36:52] Rado : so no one knows what drove the price up?
[2016-10-22 15:37:02] MrRGnome : som' ol' bfx bull'ish, dats wats goin' on.
[2016-10-22 15:37:03] tb : hi, can someone walk me through what the liquidation engine does?
[2016-10-22 15:37:20] tb : so let's say mark goes through someone's liquidation price
[2016-10-22 15:37:34] justinlooking : ADL Examples page tb
[2016-10-22 15:37:35] Rado : tb: fucks over traders that don't have stops
[2016-10-22 15:37:40] justinlooking : link right at bottom of adl page
[2016-10-22 15:37:48] MrRGnome : Then an order is put on the orderbook closing their position a the best price available. @tb
[2016-10-22 15:38:08] tb : but what if market is trading at premium
[2016-10-22 15:38:08] Rado : wait a minute guys
[2016-10-22 15:38:10] martinium : So many shorts rekt just now
[2016-10-22 15:38:20] Rado : he is asking about liquidations, not ADL
[2016-10-22 15:38:25] MrRGnome : tb: Then that's tough cookies, many of these markets do. You get the marked up price
[2016-10-22 15:38:39] Rado : these are two different events
[2016-10-22 15:38:44] tb : so say someone liquidation price is 650 and bankruptcy price 655
[2016-10-22 15:38:47] Velancry : back to 640 naow
[2016-10-22 15:39:00] tb : and market is bid 657
[2016-10-22 15:39:05] Rado : Velancry: Nah, $650 might hold
[2016-10-22 15:39:05] tb : is that when adl kicks in?
[2016-10-22 15:39:27] Velancry : Rado: if we had reached 670 I would stay long
[2016-10-22 15:39:28] Rado : for a bit at least
[2016-10-22 15:39:34] MrRGnome : adl will kick in when your maintenance margin is no longer met, and should be described by your liquidation price
[2016-10-22 15:39:38] justinlooking : stamp's got offers
[2016-10-22 15:39:46] tb : but i still see liquidation orders in the book
[2016-10-22 15:39:51] Rado : well it doesn't happen in an hour
[2016-10-22 15:39:54] Rado : give it some time
[2016-10-22 15:39:59] tb : so if those orders get filled obviously adl wont kick in
[2016-10-22 15:40:02] tb : so when does adl kick in?
[2016-10-22 15:40:12] MrRGnome : you'll be stuck with what's available on the order book though and may get a fairly differnt price than your exact liquidation price. You go bankrupt and the insuranc efund covers the difference
[2016-10-22 15:40:26] rapidtrades : MrRGnome: shut up midget
[2016-10-22 15:40:38] MrRGnome : rapidtrades: i'M 6'5" FIGHT ME
[2016-10-22 15:40:44] MrRGnome : FIGHT MEEEE
[2016-10-22 15:40:52] MrRGnome : <3
[2016-10-22 15:41:02] martinium : 6'5 and 130 lbs
[2016-10-22 15:41:08] martinium : lol
[2016-10-22 15:41:23] tb : oh i see
[2016-10-22 15:41:28] tb : If BitMEX is able to liquidate the position at better than the bankruptcy price, the additional funds will be added to the Insurance Fund. If BitMEX is unable to liquidate the position at the bankruptcy price, BitMEX will spend the Insurance Funds on aggressing the position in the market in an attempt to close it. If this still does not close the liquidated order, this will then lead to an Auto-Deleveraging event.
[2016-10-22 15:41:28] MrRGnome : I'm only 130 lbs because I'm such a bad trader that I can't feed myself =(
[2016-10-22 15:41:31] MrRGnome : don't make fun,
[2016-10-22 15:41:41] tb : how does aggressing the position work?
[2016-10-22 15:42:04] MrRGnome : aggressing is what they call closing your liquidation and not losing money int he process for bitmex or users
[2016-10-22 15:42:04] tb : uses insurance to bid higher than market?
[2016-10-22 15:42:05] martinium : aggressing? New trading term?
[2016-10-22 15:42:21] tb : err bid higher than bankruptcy?
[2016-10-22 15:42:21] martinium : ah good shit yo
[2016-10-22 15:42:40] MrRGnome : aggressing = strategies we use to limit our and our users liability from liquidations.
[2016-10-22 15:42:49] MrRGnome : from bitmex prospective
[2016-10-22 15:43:05] MrRGnome : not poor liquidated chronic gambler, he's fucked.
[2016-10-22 15:43:12] Rado : tb: think about it this way: shorts and longs are moving money between each other. To cover trades money have to come from somewhere. Always all trades equal 0
[2016-10-22 15:43:47] justinlooking : MrRGnome: perspective
[2016-10-22 15:43:54] MrRGnome : thanks
[2016-10-22 15:43:59] tb : i know what adl is for
[2016-10-22 15:44:06] tb : i just want to know what triggers an adl
[2016-10-22 15:44:12] MrRGnome : liquidation does
[2016-10-22 15:44:17] tb : no it doesn't
[2016-10-22 15:44:21] tb : not in most cases
[2016-10-22 15:44:27] tb : most cases liquidations hit the book
[2016-10-22 15:44:30] tb : and if its fully filled
[2016-10-22 15:44:35] tb : it doesnt go to adl
[2016-10-22 15:44:48] tb : but if its not filled
[2016-10-22 15:45:53] tb : then the liquidation engine tries to trade at a more aggressive price than the bankruptcy price
[2016-10-22 15:45:56] MrRGnome : Yeah, or the insurance fund. If you want to call ADL only the liquidations of users who aren't liquidated because of collateral but because the insurance fund is empty and the market volume isn't there to close liquidations, then ADL occurs once liquidations happen when no market volume exists and the insurance fund is dry
[2016-10-22 15:45:58] tb : (which uses the insurance fund)
[2016-10-22 15:46:42] dasdfasdf : ADL happens when mark passes bankruptcy price. Right?
[2016-10-22 15:47:14] tb : i really want to talk to one of the bitmex guys
[2016-10-22 15:48:13] rapidtrades : bitmex guys like to take it easy on tje weekends
[2016-10-22 15:48:28] rapidtrades : doing hookers or blow
[2016-10-22 15:48:41] rapidtrades : likely both :)
[2016-10-22 15:50:47] aethlios : I like that premium.
[2016-10-22 15:51:14] justinlooking : i would like it a bit more if my entry weren't so shitty
[2016-10-22 15:55:46] aethlios : finex 20 usd above stamp.
[2016-10-22 15:56:29] rapidtrades : finex following china....or china bots following finex
[2016-10-22 15:56:36] justinlooking : i have no monies in stamp :/
[2016-10-22 15:58:25] aethlios : this move leads to 1200, eurusd crashing, so usd appreciation means yuan devaluation and btc rally from china exporting yuan abroad. also eurusd technically could go to 0.83 historic low.
[2016-10-22 15:59:14] aethlios : so many europeans could start buying btc as a hedge against euro, pound collapsing also.
[2016-10-22 16:01:31] arbitrage001 : aethlios: you are back
[2016-10-22 16:01:49] arbitrage001 : making profit now? since you disappear for a bit
[2016-10-22 16:01:54] aethlios : volatility is back also.
[2016-10-22 16:02:16] arbitrage001 : we have opposite trading philosolphy then
[2016-10-22 16:02:18] effimov : volatility has been here for some time now
[2016-10-22 16:02:27] arbitrage001 : since i have 0 position
[2016-10-22 16:02:28] rapidtrades : i disagree
[2016-10-22 16:02:31] arbitrage001 : on anything
[2016-10-22 16:04:06] rapidtrades : today has been first volatile day since oct11
[2016-10-22 16:04:20] aethlios : I look this 0.2 zcash and btc going down and want to short that shit, but I will wait for 28 okt.
[2016-10-22 16:04:38] rapidtrades : how is btc going down
[2016-10-22 16:05:09] arbitrage001 : aethlios: are you invested into finex equity?
[2016-10-22 16:05:25] arbitrage001 : their cfo sounds desperate lately
[2016-10-22 16:05:54] arbitrage001 : thinking of moving all stuffs away from finex
[2016-10-22 16:05:59] rapidtrades : arbitrage001: show me
[2016-10-22 16:06:12] rapidtrades : prolly getting the lawsuits
[2016-10-22 16:06:13] arbitrage001 : rapidtrades: show what?
[2016-10-22 16:06:20] rapidtrades : what did he think will happen
[2016-10-22 16:06:23] aethlios : arbitrage001: no I didn't, I will just hold bfx as collateral. the problem was I want that capital to use it for trading, if the stock was tradeable and could use it as margin on finex I would invest.
[2016-10-22 16:06:30] rapidtrades : arbitrage001: where is he being desperate
[2016-10-22 16:07:28] arbitrage001 : when you login finex
[2016-10-22 16:07:47] arbitrage001 : he is trying to communicate with hacker to work out a deal
[2016-10-22 16:07:55] arbitrage001 : this is a sign of desperatation
[2016-10-22 16:08:12] arbitrage001 : he said want to work out a deal
[2016-10-22 16:08:25] Kalman : this is proper action to recover client funds
[2016-10-22 16:08:26] arbitrage001 : i think what he really want is screw everyone else
[2016-10-22 16:08:35] rapidtrades : 'hacker'
[2016-10-22 16:08:38] arbitrage001 : most likely deal is
[2016-10-22 16:08:58] arbitrage001 : allow him to buy rtt or bfn token as much as possible
[2016-10-22 16:09:04] arbitrage001 : on the market
[2016-10-22 16:09:11] arbitrage001 : then villa
[2016-10-22 16:09:15] arbitrage001 : return the coins
[2016-10-22 16:09:39] arbitrage001 : suddenly, the hacker money is usable
[2016-10-22 16:09:56] arbitrage001 : anyone who sold rtt or token at low price get screwed
[2016-10-22 16:10:40] Kalman : noone had to sell
[2016-10-22 16:10:41] rapidtrades : pls show me what's going on
[2016-10-22 16:10:49] rapidtrades : do i have to login to shitfinex?
[2016-10-22 16:10:57] arbitrage001 : just a wild s speculation
[2016-10-22 16:11:05] arbitrage001 : not sure where i read it
[2016-10-22 16:11:14] arbitrage001 : i only keep information in my head
[2016-10-22 16:11:31] rapidtrades : are u kidding
[2016-10-22 16:11:34] Kalman : unfortunately your mouth opens
[2016-10-22 16:11:35] aethlios : what do you think about ltcusd??
[2016-10-22 16:11:36] arbitrage001 : and then spew out my own specuation on most likely event
[2016-10-22 16:12:03] arbitrage001 : aethlios: ltcusd is finished
[2016-10-22 16:12:11] arbitrage001 : aethlios: 0 innovation
[2016-10-22 16:12:34] arbitrage001 : aethlios: and the coin basis of asic resistance is false
[2016-10-22 16:12:54] rapidtrades : arbitrage001: remember
[2016-10-22 16:17:18] Rado : $20 arbitrage now between stamp and china
[2016-10-22 16:18:15] huangyong : Rado: good
[2016-10-22 16:18:15] arbitrage001 : Rado: do it then
[2016-10-22 16:18:38] Rado : I don't have accounts on Chinese exchanges
[2016-10-22 16:18:41] arbitrage001 : seen the spread went as high as 10% this year
[2016-10-22 16:18:46] arbitrage001 : before finex hacked
[2016-10-22 16:18:46] rapidtrades : arbitrage001: remember.
[2016-10-22 16:19:05] rapidtrades : i'll bug u until u tell me where u read that
[2016-10-22 16:19:06] +1 : aethlios: your analysis is the best here at this point
[2016-10-22 16:19:07] huangyong : arbitrage001: 搬砖搬砖搬砖搬起来
[2016-10-22 16:19:15] chromaticcr1 : huangyong: 你又来了
[2016-10-22 16:19:45] huangyong : Rado: I have accounts on Chinese exchanges
[2016-10-22 16:19:48] Rado : rapidtrades: what is that?
[2016-10-22 16:19:54] arbitrage001 : chromaticcr1: huangyong: is most likely a chinese whale
[2016-10-22 16:19:59] Rado : google search can find you anything you want
[2016-10-22 16:20:03] chromaticcr1 : 小伙伴们过夜费又要飞天了 呵呵
[2016-10-22 16:20:08] arbitrage001 : if you see him here, buy as much btc as you can
[2016-10-22 16:20:17] arbitrage001 : maybe i should do the same
[2016-10-22 16:20:22] Rado : huangyong: We were talking about arbitrage opportunity if you have accounts in both exchanges
[2016-10-22 16:20:49] Rado : short China and long bitstamp until the spread goes down
[2016-10-22 16:21:11] chromaticcr1 : arbitrage001: yes he is a whale in BTCC ;) @Rado yup，搬砖 = moving "bricks"
[2016-10-22 16:21:47] rapidtrades : Rado: he sayd the CFO of finex gave up and tries to negotiate with hacker
[2016-10-22 16:21:58] Rado : yes
[2016-10-22 16:22:07] Rado : I posted the bitfinex page on twitter
[2016-10-22 16:22:10] aethlios : Rado: just not yet, spread will widen much more if rally only started.
[2016-10-22 16:22:11] Rado : let me give it to you
[2016-10-22 16:22:32] Rado : aethlios: haven't seen it much more than $30 and only for short period
[2016-10-22 16:23:04] Rado : rapidtrades: https://twitter.com/GlobalLife365/status/789564992148221952
[2016-10-22 16:23:16] arbitrage001 : rapidtrades: i didnt say the cfo gave up,
[2016-10-22 16:23:28] arbitrage001 : rapidtrades: just saying he is trying to negotiate
[2016-10-22 16:23:36] arbitrage001 : which is a sign of desperation
[2016-10-22 16:24:05] huangyong : Rado: 是的，现在是套利的好机会
[2016-10-22 16:24:05] aethlios : Rado: better think in %, so previous rally was 430>800 almost 100%. This rally 600>1200?? then spread could reach 100 to 120 usd, a 10%.
[2016-10-22 16:24:25] Rado : arbitrage001: I would say it's a sign of trying to make money for the company
[2016-10-22 16:24:36] Rado : aethlios: you are not wrong if the rally continues
[2016-10-22 16:24:52] Rado : I was assuming for now we will stall at this price
[2016-10-22 16:24:58] arbitrage001 : if they cant convert $40M of toekn to equity, they are in bad situation
[2016-10-22 16:25:29] +1 : aethlios: at what price do u think this rally will stop?
[2016-10-22 16:26:35] aethlios : +1: if rally is legit then 1150-1200 is the top, a little hold to 800, and then no other resistance up to previous ATH of 1175. There will be a battle.
[2016-10-22 16:27:47] supporter : aethlios: you mean to say bitcoin price ??
[2016-10-22 16:28:01] chromaticcr1 : +1: price= moon?
[2016-10-22 16:28:08] aethlios : above 1200 the bull market starts, we just try to recover the last 3 years. but if btc makes new ATH this means the secular btc bull market continues.
[2016-10-22 16:28:17] +1 : aethlios: wow. and if it is legit, how long until we get there?
[2016-10-22 16:28:29] aethlios : +1: a month
[2016-10-22 16:29:16] Rado : +1 nice nick
[2016-10-22 16:29:57] dasdfasdf : +1
[2016-10-22 16:30:24] aethlios : 1175 will be a bloody bull-bear battle, all holders will be profitable, many will sell because strong technical resistance, price could retrace to 900-950, but above 800, but it will recover fast.
[2016-10-22 16:33:10] Rado : aethlios: agreed, but the timeframe is what is most important
[2016-10-22 16:33:16] Rado : at least for short term traders
[2016-10-22 16:33:48] aethlios : all these are estimates.
[2016-10-22 16:34:32] +1 : aethlios: I tend to feel the same. But one month funding rate will kill us no?
[2016-10-22 16:35:03] Rado : +1: I trade December Yen futures for long term and swap for short term trades
[2016-10-22 16:35:05] +1 : Rado: Thanks man. And yours too -- been reading you
[2016-10-22 16:35:11] Rado : you don't have to hold swap for months
[2016-10-22 16:35:23] aethlios : +1: yes it will. you can use other instruments for long term holding.
[2016-10-22 16:35:34] rapidtrades : we're not going above $800
[2016-10-22 16:35:50] rapidtrades : bubble popped few months ago
[2016-10-22 16:36:01] justinlooking : ^ 900 confirmed
[2016-10-22 16:36:29] aethlios : epic 4 digit btc price is near.
[2016-10-22 16:37:47] Rado : rapidtrades: It depends on the global state of politics and economy
[2016-10-22 16:37:54] rapidtrades : no it doesn't
[2016-10-22 16:38:15] Rado : somethign could happen that will spook people and BTC can go to $2000 over a week period
[2016-10-22 16:38:20] Rado : yes it does
[2016-10-22 16:38:31] Rado : are you even aware of what's happening?
[2016-10-22 16:38:32] arbitrage001 : Rado: it really depend on chinese whale
[2016-10-22 16:38:57] Rado : arbitrage001: it's not about Chinese or anyone else
[2016-10-22 16:39:07] arbitrage001 : if chinese whale buy, then it will go go over 1000
[2016-10-22 16:39:11] Rado : it's about central banks losing control
[2016-10-22 16:39:25] rapidtrades : why would smone buy when the already fot f*cked at 800
[2016-10-22 16:39:34] RocketScience : rising interest rates
[2016-10-22 16:39:35] Rado : 20 trillion debt and they can't raise rates
[2016-10-22 16:39:35] rapidtrades : give it a year or two for new idiots to come in
[2016-10-22 16:40:06] Rado : people are doing it wrong
[2016-10-22 16:40:08] rapidtrades : everyone who longed at 660-800 is now nderwater
[2016-10-22 16:40:12] RocketScience : who will default first?
[2016-10-22 16:40:16] Rado : they are trying to make fiat by trading BTC
[2016-10-22 16:40:25] Rado : I trade BTC to make BTC
[2016-10-22 16:40:26] rapidtrades : plz none of that garbage matters
[2016-10-22 16:40:28] Rado : never convert to fiat
[2016-10-22 16:40:49] Rado : then BTC volatility doesn't affect me
[2016-10-22 16:41:09] dasdfasdf : When people find out BTC can scale with segwit i think that will help.
[2016-10-22 16:41:10] Rado : my average price of BTC is about $380
[2016-10-22 16:41:43] arbitrage001 : Rado: different approach here
[2016-10-22 16:41:53] arbitrage001 : all my btc are usually hedge somewhere
[2016-10-22 16:41:59] RocketScience : china under 4500
[2016-10-22 16:42:08] rapidtrades : oh noes
[2016-10-22 16:42:14] RocketScience : this is an important technical number now
[2016-10-22 16:42:18] Rado : arbitrage001: that means you can only make fiat
[2016-10-22 16:42:23] Rado : your BTC will be constant
[2016-10-22 16:42:32] Rado : I want to accumulate more BTC for the future
[2016-10-22 16:42:32] arbitrage001 : Rado: correct
[2016-10-22 16:42:38] arbitrage001 : but profit is in btc
[2016-10-22 16:42:42] Rado : what would you do with your fiat?
[2016-10-22 16:42:47] arbitrage001 : which i cash out every month
[2016-10-22 16:42:57] arbitrage001 : tea and girls
[2016-10-22 16:43:04] Rado : I am not talking monthly expenses
[2016-10-22 16:43:14] arbitrage001 : since i dont drink alcohol
[2016-10-22 16:43:16] Rado : I am talking investment for long term
[2016-10-22 16:43:21] Rado : lol
[2016-10-22 16:43:28] Rado : girls is nice
[2016-10-22 16:43:34] arbitrage001 : yea
[2016-10-22 16:43:42] arbitrage001 : economic in my country is doing so bad
[2016-10-22 16:43:52] REKT : Liquidated long on `REP7D`: Sell 1086 @ 0.007877
[2016-10-22 16:43:54] arbitrage001 : even prostitute is suffering
[2016-10-22 16:43:59] Rado : arbitrage001: which country is that?
[2016-10-22 16:44:04] arbitrage001 : malaysia
[2016-10-22 16:44:05] laisee : zimbabwe?
[2016-10-22 16:44:13] Rado : oh yeah I remember
[2016-10-22 16:44:30] Rado : are you still investing in local mining company?
[2016-10-22 16:44:31] rapidtrades : can u believe this bullshit http://blog.bitfinex.com/announcements/message-individual-responsible-bitfinex-security-incident-august-2-2016/
[2016-10-22 16:44:49] arbitrage001 : Rado: what mining company?
[2016-10-22 16:45:05] arbitrage001 : Rado: have quit cryto mining long time ago
[2016-10-22 16:45:07] Rado : or was it a company that trades BTC
[2016-10-22 16:45:22] arbitrage001 : negative profit with high risk
[2016-10-22 16:45:29] Rado : right
[2016-10-22 16:46:41] arbitrage001 : people who invest in new growth area for long term usually go broke
[2016-10-22 16:46:54] arbitrage001 : based on historical reference
[2016-10-22 16:47:32] arbitrage001 : and most companies who do well also go bankrupt eventually
[2016-10-22 16:47:49] mike23aa : I'm long very leveraged... I'm a little scared
[2016-10-22 16:49:09] dasdfasdf : mike23aa: use more leverage.
[2016-10-22 16:49:19] dasdfasdf : grow some balls
[2016-10-22 16:49:27] Rado : mike23aa: stop orders are your friend
[2016-10-22 16:49:41] Rado : I am never worried :-)
[2016-10-22 16:49:50] Rado : the worst that can happen is I miss on profits
[2016-10-22 16:50:09] Rado : preserving capital is the most important in trading
[2016-10-22 16:51:19] arbitrage001 : Rado: this is the correct mentality for trading
[2016-10-22 16:51:36] arbitrage001 : no problem missing profit, key think is stay alive
[2016-10-22 16:51:43] arbitrage001 : key thing
[2016-10-22 16:52:10] Rado : specially trading derivatives where you can get liquidated and loose a big chunk of your capital
[2016-10-22 16:52:36] arbitrage001 : reason why i rarely use more than 3 times leverage
[2016-10-22 16:52:47] arbitrage001 : seen market can go horrible wrong
[2016-10-22 16:52:54] arbitrage001 : even when fundamental is intact
[2016-10-22 16:53:35] Rado : I think we will test the break of $645
[2016-10-22 16:56:42] RocketScience : 0.245 predicted funding in 11 hours for XBT/USD
[2016-10-22 16:56:54] mjones : okcoin pumps 7% and XBJ pumps like 2.5%
[2016-10-22 16:56:56] RocketScience : what is the maximum?
[2016-10-22 16:59:24] arbitrage001 : RocketScience: 1.25 i think
[2016-10-22 16:59:43] aethlios : 1.125% maybe
[2016-10-22 16:59:53] RocketScience : 0.25 already
[2016-10-22 16:59:59] RocketScience : it's rising by the minute
[2016-10-22 17:00:08] RocketScience : we are way above mark price
[2016-10-22 17:00:39] arbitrage001 : good deal if you are hedged somewhere else
[2016-10-22 17:00:47] arbitrage001 : and the trading commision is low
[2016-10-22 17:03:15] RocketScience : is forex closed ove weekends?
[2016-10-22 17:03:40] sleger : interbank markets are
[2016-10-22 17:05:40] martinium : bitcoin open 24/7
[2016-10-22 17:05:47] martinium : love that about these markets
[2016-10-22 17:06:33] Rado : martinium: yep, and still no institutional crap like in the stockmarket
[2016-10-22 17:06:48] Rado : no Goldman Sacks to screw us over yet
[2016-10-22 17:07:17] sleger : how did GS ever screw you ?
[2016-10-22 17:07:55] Rado : retail investors get sucked in stocks at the top and then they crash the market
[2016-10-22 17:08:05] Rado : they load up at the bottom and repeat
[2016-10-22 17:08:08] dasdfasdf : then they wait a few years and come back up
[2016-10-22 17:08:34] sleger : it's called natural selection
[2016-10-22 17:08:44] rapidtrades : +1
[2016-10-22 17:08:46] Rado : it is
[2016-10-22 17:09:04] rapidtrades : ever heard of the tulip mania?
[2016-10-22 17:09:17] Rado : but hard to play against a player with billions and automated software
[2016-10-22 17:09:20] rapidtrades : idiots bought at tops long before goldman :)
[2016-10-22 17:09:28] sleger : nobody forcing anyone to buy stocks
[2016-10-22 17:09:43] rapidtrades : i don't see how automated anything has to do with buying at tops
[2016-10-22 17:09:50] Rado : tulip bubble still bogles the mind
[2016-10-22 17:10:02] rapidtrades : that's just one of many
[2016-10-22 17:10:10] rapidtrades : how many bitcoiners bought at 1000?
[2016-10-22 17:10:19] Rado : not that many
[2016-10-22 17:10:23] Rado : look at the volume
[2016-10-22 17:10:24] rapidtrades : oh really
[2016-10-22 17:11:02] sleger : reminds me of this lol article : https://www.techinasia.com/goldman-sachs-bitcoin-bitmex
[2016-10-22 17:11:37] Rado : sleger: that's funny
[2016-10-22 17:12:08] Rado : I hope he is not going to screw us over
[2016-10-22 17:12:20] dasdfasdf : thats all u have
[2016-10-22 17:12:20] dasdfasdf : hope
[2016-10-22 17:13:29] Rado : well we have open bazar and Bitsquare
[2016-10-22 17:13:36] Rado : peer to peer
[2016-10-22 17:13:45] Rado : still not good enough for trading
[2016-10-22 17:13:58] Rado : talk to you later guys
[2016-10-22 17:14:06] Rado : going to get out to get some air
[2016-10-22 17:14:30] dasdfasdf : no time for air
[2016-10-22 17:14:34] Rado : ?
[2016-10-22 17:15:37] +1 : Rado: Thanks for the tip. Will learn XBJ soon.
[2016-10-22 17:16:26] RocketScience : If Japan declares another QE and USD/JPY rises back to 120, then you automatically have +15% gains
[2016-10-22 17:19:24] arbitrage001 : btc would be seen as tulip if it crash down the road
[2016-10-22 17:19:44] arbitrage001 : 1 dollar btc
[2016-10-22 17:20:28] dasdfasdf : Why even 1 dollar?
[2016-10-22 17:20:51] arbitrage001 : 1 cents?
[2016-10-22 17:21:09] arbitrage001 : or ask or 1 cents with no bid?
[2016-10-22 17:21:14] arbitrage001 : ask of
[2016-10-22 17:21:19] dasdfasdf : hah there you go
[2016-10-22 17:21:33] aethlios : also my bid at 0.0071 for monero, to rebuy back.
[2016-10-22 17:21:47] rapidtrades : we already had several tulip mania type crashes
[2016-10-22 17:21:55] rapidtrades : remember $30 >$2?
[2016-10-22 17:22:03] rapidtrades : and $1000 to $160
[2016-10-22 17:22:22] rapidtrades : next time it may not recover
[2016-10-22 17:22:42] RocketScience : it will always recover
[2016-10-22 17:22:44] +1 : arbitrage001: You think BTC can really go that low?
[2016-10-22 17:25:04] arbitrage001 : +1: anything is possible
[2016-10-22 17:26:06] arbitrage001 : +1: we have seen many 6 sigma events in the last 10 years
[2016-10-22 17:26:19] rapidtrades : 'it will always recover'
[2016-10-22 17:26:28] rapidtrades : ^can u believe that shit
[2016-10-22 17:26:39] arbitrage001 : which is only suppose to happen once every few millions years
[2016-10-22 17:26:42] poes : btc is so overrated
[2016-10-22 17:26:56] poes : its a software product thats not production ready
[2016-10-22 17:27:10] poes : its not even secure, and fully decentral
[2016-10-22 17:27:29] rapidtrades : it's secure enough
[2016-10-22 17:27:43] rapidtrades : at least on the network side
[2016-10-22 17:28:20] poes : on the other hand it can always include technologies used by altcoins in the future and it has the biggest market cap
[2016-10-22 17:29:26] dasdfasdf : not production ready?
[2016-10-22 17:29:27] poes : but thanks to the mining pools its not fully decentralized yet
[2016-10-22 17:29:43] poes : its just that there isnt any better alternative
[2016-10-22 17:29:54] poes : and there is such big demand for it
[2016-10-22 17:29:55] dasdfasdf : Like everthing
[2016-10-22 17:31:09] MrRGnome : poes: A blockchain using PoW is an economic security model. Bitcoin by an enormous margin has the most secure economic security model
[2016-10-22 17:31:40] poes : MrRGnome: i agree, mining pools though
[2016-10-22 17:33:40] poes : mining pools, asic mining farms, transaction limit, transactions not instant, if these things are fixed bitcoin price would skyrocket
[2016-10-22 17:33:59] poes : the risk though
[2016-10-22 17:34:27] dasdfasdf : segwit and lightningn is what will take this to 1100 and beyond. as they bring instant payments and unlimited* transactoins
[2016-10-22 17:34:54] dasdfasdf : ASIC is good as the only thing the machines can be used for is BTC.
[2016-10-22 17:36:10] +1 : arbitrage001: sorry, what is 6 sigma? Tried google but not simple enough
[2016-10-22 17:37:13] sleger : sigma = standard dev
[2016-10-22 17:39:05] +1 : sleger: and what does the number 6 mean?
[2016-10-22 17:39:18] sleger : it's the one between 5 and 6
[2016-10-22 17:39:22] sleger : *5 and 7
[2016-10-22 17:40:08] +1 : sleger: LOL -- serious man
[2016-10-22 17:40:24] sleger : "serious" ??
[2016-10-22 17:40:30] sleger : and your question is "and what does the number 6 mean?"
[2016-10-22 17:40:54] dasdfasdf : What does the 6 mean in "6 sigma"
[2016-10-22 17:40:56] sleger : what does the letter F mean
[2016-10-22 17:41:00] +1 : sleger: the number 6 before the word sigma
[2016-10-22 17:41:09] sleger : it means six
[2016-10-22 17:41:12] +1 : dasdfasdf: yes, tq
[2016-10-22 17:41:17] dasdfasdf : sleger: ah
[2016-10-22 17:41:17] dasdfasdf : ok
[2016-10-22 17:41:19] dasdfasdf : thanks
[2016-10-22 17:41:36] dasdfasdf : https://en.wikipedia.org/wiki/Six_Sigma
[2016-10-22 17:41:40] +1 : sleger: and if it is...3?
[2016-10-22 17:41:59] sleger : dasdfasdf: that page has nothing to do with it
[2016-10-22 17:41:59] dasdfasdf : What is an example of a 6 sigma event?
[2016-10-22 17:42:31] sleger : dasdfasdf: http://lmgtfy.com/?q=6+sigma+events
[2016-10-22 17:42:54] dasdfasdf : You guys are so fun
[2016-10-22 17:43:01] rapidtrades : the odds for those X-sigma events are calculated on normal distribution...which the markets are not
[2016-10-22 17:43:21] rapidtrades : in short, they're a BS stat
[2016-10-22 17:44:40] dasdfasdf : twice in a billion
[2016-10-22 17:46:20] +1 : sleger: fuck thats funny! lmgtfy.com i'm going to pass it on
[2016-10-22 17:46:43] +1 : what the hell
[2016-10-22 17:47:04] +1 : i think i wrote the F word?
[2016-10-22 17:47:19] +1 : LOL
[2016-10-22 17:47:31] dasdfasdf : try okcoin*
[2016-10-22 17:47:35] dasdfasdf : okcoinn
[2016-10-22 17:47:40] dasdfasdf : okcoin>
[2016-10-22 17:47:42] mjones : fuck okcoin
[2016-10-22 17:47:50] +1 : pussy
[2016-10-22 17:47:51] dasdfasdf : okkcoin
[2016-10-22 17:48:08] dasdfasdf : bitstamp
[2016-10-22 17:48:18] +1 : oops.. what is the woodchipper?
[2016-10-22 17:48:25] RocketScience : 0kcoin
[2016-10-22 17:48:30] RocketScience : try writing ok.coin together
[2016-10-22 17:48:44] +1 : okcoin
[2016-10-22 17:48:54] +1 : hahaha
[2016-10-22 17:49:02] rapidtrades : now try the N-word
[2016-10-22 17:49:07] REKT : Liquidated long on `ETHXBT`: Sell 2 @ 0.01834
[2016-10-22 17:49:14] +1 : nigger
[2016-10-22 17:49:20] +1 : LOL
[2016-10-22 17:49:21] rapidtrades : brave man ^
[2016-10-22 17:50:20] +1 : I still am laughing
[2016-10-22 17:50:37] dasdfasdf : nigga
[2016-10-22 17:50:40] dasdfasdf : nigger
[2016-10-22 17:51:00] sleger : niggar
[2016-10-22 17:51:01] +1 : Who put this up? I'm sure it's not arthur kah3x
[2016-10-22 18:04:16] dasdfasdf : Will stamp break 650?
[2016-10-22 18:04:41] mjones : glad to see bitcoin/yen going up
[2016-10-22 18:05:15] mjones : looks like the market maker on every friday reached his limit