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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[2016-10-28 20:01:07] martinium : polo still at 30 btc
[2016-10-28 20:01:20] wurstgelee : admins...what is happening? :p
[2016-10-28 20:01:25] sally : and then what, I cant withdraw?
[2016-10-28 20:01:32] martinium : bitmex having trouble with the load I wonder
[2016-10-28 20:01:43] REKT : Liquidated short on `ZECZ16`: Buy 1 @ 3.625000
[2016-10-28 20:01:44] KETH : yeah it is actually *stable* at 30btc for now...
[2016-10-28 20:01:46] sally : If they lost money not my problem
[2016-10-28 20:01:57] REKT : Liquidated short on `ZECZ16`: Buy 1 @ 3.975000
[2016-10-28 20:02:01] Tetsuo : hacked and robbed, socialzed losses for everyone
[2016-10-28 20:02:10] mjones : people losing 2 BTC shorting the bottom
[2016-10-28 20:02:19] aili : damn rekt... people losing 2 btc
[2016-10-28 20:02:27] wurstgelee : lol. polo going up again...
[2016-10-28 20:02:28] aili : are you ok there?
[2016-10-28 20:02:29] wurstgelee : wtf..
[2016-10-28 20:02:33] anonymous789 : lmao
[2016-10-28 20:02:42] Yazz : REKT: You've been active
[2016-10-28 20:02:44] anonymous789 : this is a joke
[2016-10-28 20:03:12] wurstgelee : hmm
[2016-10-28 20:03:14] wurstgelee : 51
[2016-10-28 20:03:16] wurstgelee : 55....
[2016-10-28 20:03:23] wurstgelee : 58
[2016-10-28 20:03:24] anonymous789 : how is zcash worth 50+btc lmao
[2016-10-28 20:03:24] wurstgelee : oO
[2016-10-28 20:03:33] anonymous789 : and how are those orders being filled
[2016-10-28 20:03:38] KETH : @Mods: news ?
[2016-10-28 20:04:06] aethlios : no supply, only 1.7 zec are for sale on polo
[2016-10-28 20:04:07] wurstgelee : well, doesnt seem to unlikely we wont see <10 btc for a while tbh....
[2016-10-28 20:04:12] zcasher7777 : btc is obsolte now
[2016-10-28 20:04:14] wurstgelee : its ~7k supply after a week iirc
[2016-10-28 20:04:40] anonymous789 : when this crashes it's gonna be like world war 3 in crypto. Will make all of crypto look like a joke
[2016-10-28 20:04:42] lopol : where can i see zcash mining distribution?
[2016-10-28 20:05:07] mjmj83 : Can anyone from Bitmex inform us about the cap. Will it be maintained for 3 months?
[2016-10-28 20:05:18] zcasher7777 : crypto make bad jokes hhhh
[2016-10-28 20:05:22] mjmj83 : Or at least 24-48 hours?
[2016-10-28 20:05:36] wurstgelee : admins? whats with this cap now? ....
[2016-10-28 20:05:41] rapidtrades : bitmex what about the cap
[2016-10-28 20:05:48] wurstgelee : seriously....
[2016-10-28 20:05:48] mjmj83 : time for info on the cap guys
[2016-10-28 20:05:53] DanLar75 : and now we withdraw and have a nap. 88% up on 6 contracts zec short. Love this retard market
[2016-10-28 20:06:07] sally : who cancelled my buys?
[2016-10-28 20:06:08] wurstgelee : ....
[2016-10-28 20:06:11] sally : wtf
[2016-10-28 20:06:26] altcoinprince : Hello
[2016-10-28 20:06:33] coinrun : Zcash will hold high prices for a few weeks
[2016-10-28 20:06:44] anonymous789 : i think it crashes overnight
[2016-10-28 20:06:55] altcoinprince : what is Zcash price in here?
[2016-10-28 20:06:56] coinrun : anonymous789: it cant. float rotation
[2016-10-28 20:06:59] anonymous789 : and spectacularly
[2016-10-28 20:07:02] martinium : admins prob watching in disbelief
[2016-10-28 20:07:04] martinium : lol
[2016-10-28 20:07:11] wurstgelee : admins? ..... polo is relatively stable atm, there is still zero justifaction for the cap here..... so what? :/
[2016-10-28 20:07:41] KETH : maybe they gave up and went to bed XD
[2016-10-28 20:07:45] altcoinprince : it's a dead place here
[2016-10-28 20:07:50] altcoinprince : i think i should just come back to polo
[2016-10-28 20:07:54] coinrun : will hold prices due to limited supply. Best way to trade this is to calculate how many zec existence x prce for marketcap valuation
[2016-10-28 20:07:55] aethlios : wurstgelee: polo asks are 2.5 zec. here 1 contract is 1 zec, no relativity
[2016-10-28 20:08:08] wurstgelee : aethlios: ???
[2016-10-28 20:08:11] wurstgelee : wtf?
[2016-10-28 20:08:23] wurstgelee : whats that supposed to mean?
[2016-10-28 20:08:28] mjmj83 : aethlios: you're totally right
[2016-10-28 20:08:31] Teddy76 : wurstgelee: stable? with 2 zec on sell side...
[2016-10-28 20:08:55] wurstgelee : you can say whatever u want. we have a cap here. its undocumented in contract details. it shouldnt be here
[2016-10-28 20:08:58] rapidtrades : remove the fucking cap
[2016-10-28 20:08:59] wurstgelee : simple as that
[2016-10-28 20:09:09] wurstgelee : even if it protects your shorts right now
[2016-10-28 20:09:13] wurstgelee : those shouldnt be protected
[2016-10-28 20:09:16] Teddy76 : wurstgelee: yes, you're right but market isn't stable yet
[2016-10-28 20:09:25] wurstgelee : this has nothing to to with stable
[2016-10-28 20:09:31] wurstgelee : this cap is nowhere mentioned
[2016-10-28 20:09:35] wurstgelee : its undocumented
[2016-10-28 20:10:01] wurstgelee : we just ran against it....and there it was
[2016-10-28 20:10:03] KETH : Just close all contracts at their initial value price and create new ones with no cap and allow fractions. (athough I agree with wurstgelle, but I'm biaised)
[2016-10-28 20:10:11] rapidtrades : lame ass cap
[2016-10-28 20:10:19] mjmj83 : Love the cap! :D
[2016-10-28 20:10:35] wurstgelee : so, BITMEX-guas, admins, saqm, greg, whatever.....whats up now ffs?
[2016-10-28 20:11:18] wurstgelee : you could at least tell us if its gonna stay there or not, and if so how long and why
[2016-10-28 20:11:25] wurstgelee : ...
[2016-10-28 20:11:42] Rado : stop complaining and start trading
[2016-10-28 20:11:46] wurstgelee : lol
[2016-10-28 20:11:48] wurstgelee : how=?
[2016-10-28 20:11:49] Rado : if you shorted at 10 now you are up huge
[2016-10-28 20:11:57] wurstgelee : i dont know if the ncap stays there ffs
[2016-10-28 20:11:58] Dtrade16 : So one ZEC is worth 3.5 BTC?
[2016-10-28 20:11:59] Dtrade16 : WTF
[2016-10-28 20:12:07] kryptopojken : is the cap at 10 permanent?
[2016-10-28 20:12:08] cenkzu : 43 on poloniex
[2016-10-28 20:12:09] REKT : Liquidated short on `ETHXBT`: Buy 150 @ 0.01614
[2016-10-28 20:12:11] rapidtrades : Rado: idiot u cant trade with artificial limits
[2016-10-28 20:12:12] kryptopojken : or can it change
[2016-10-28 20:12:13] wurstgelee : Rado: i wont short. lol
[2016-10-28 20:12:22] KETH : (btw, in the anouncement it says "Oct 28, 12:00 UTC: Limits will be removed entirely."
[2016-10-28 20:12:28] Rado : wurstgelee: that's your problem
[2016-10-28 20:12:29] wurstgelee : KETH: this is not the limit
[2016-10-28 20:12:32] mjones : lol @ XMR
[2016-10-28 20:12:37] wurstgelee : this was upper and lower limit
[2016-10-28 20:12:40] Rado : if you only want to trade long of course you will complain
[2016-10-28 20:12:41] KETH : well not entirely removed ...
[2016-10-28 20:12:42] mjones : 6% dump
[2016-10-28 20:12:53] wurstgelee : the wall we ran aainsgt @ 10.0 is completely different
[2016-10-28 20:12:55] Warz : ZEC shouldn't trade above 10 btc, that's ridiculous
[2016-10-28 20:13:01] KETH : wurstgelee: I know just playing on words
[2016-10-28 20:13:02] wurstgelee : Warz: yes, maybe
[2016-10-28 20:13:06] wurstgelee : but fact is, it is
[2016-10-28 20:13:16] wurstgelee : its reality
[2016-10-28 20:13:31] wurstgelee : and we should be able to deal with it without a fucking, undocumented cap at 10 btc per zec ffs
[2016-10-28 20:13:33] REKT : Liquidated long on `XMR7D`: Sell 50 @ 0.008296
[2016-10-28 20:13:33] REKT : Liquidated long on `XMR7D`: Sell 2 @ 0.008305
[2016-10-28 20:13:54] Rado : rapidtrades: 5,170 XBT traded with the limits
[2016-10-28 20:13:59] anonymous789 : time to buy eth, when this dump is over i'm sure the money will go in eth
[2016-10-28 20:14:01] Rado : so people are trading
[2016-10-28 20:14:07] Rado : and some of them making a lot of BTC
[2016-10-28 20:14:09] wurstgelee : Rado: nobody knew about this limit
[2016-10-28 20:14:11] wurstgelee : and trading halted
[2016-10-28 20:14:17] wurstgelee : once it was clear
[2016-10-28 20:14:28] Rado : that I agree is a problem
[2016-10-28 20:14:29] wurstgelee : all of a sudden circuit breaker
[2016-10-28 20:14:34] Rado : they should have documented the limit
[2016-10-28 20:14:46] wurstgelee : i longed not knowing there is such wall, at 9.1 or sth, ...
[2016-10-28 20:15:04] KETH : I longued when they said they would remove it...
[2016-10-28 20:15:04] wurstgelee : Rado: i am not even sure that it was planned or if its a bug
[2016-10-28 20:15:13] MrRGnome : I think BitMex is having an impromptu board meeting to decide what to do about this fiasco. I don't envy them.
[2016-10-28 20:15:35] wurstgelee : but the fact that bthe limit is still there on nobody cares to explain whats happening, nobody form bitmex, is really starting to piss me off now...
[2016-10-28 20:15:45] Cheese : KETH: I did the same, lost it all right after
[2016-10-28 20:15:49] Rado : wurstgelee: might be a bug left in the code
[2016-10-28 20:15:49] aethlios : because of contract size they can't remove the cap
[2016-10-28 20:16:04] wurstgelee : whatever...INFORMATION
[2016-10-28 20:16:06] rapidtrades : f that]
[2016-10-28 20:16:06] wurstgelee : thats all i ask
[2016-10-28 20:16:12] MrRGnome : Yeah I think they screwed up defining the contract and now they have no winning moves, someone is going to be pissed either way
[2016-10-28 20:16:16] wurstgelee : sitrep if u like
[2016-10-28 20:16:17] Rado : as no other contract can come close to 10 btc
[2016-10-28 20:16:28] wurstgelee : MrRGnome: whatever...
[2016-10-28 20:16:29] kryptopojken : is the cap gonna stay in place or not?
[2016-10-28 20:16:39] wurstgelee : silence isnt the answer
[2016-10-28 20:16:47] MrRGnome : I think they are actually deciding that right now.
[2016-10-28 20:16:54] MrRGnome : They are in TS having a partners chat
[2016-10-28 20:16:55] wurstgelee : the fuckup has been done. that margin call run after the wall was visible would never have happened
[2016-10-28 20:17:00] wurstgelee : without that unknown wall
[2016-10-28 20:17:09] wurstgelee : so people lost money because of bitmex fuckup
[2016-10-28 20:17:14] wurstgelee : the damage is done...
[2016-10-28 20:17:41] MrRGnome : wurstgelee: yes exactly, it's done. and they will have to live with the lost customers who they have royally screwed
[2016-10-28 20:17:46] wurstgelee : and staying quiet now makes thiings even worse tbh
[2016-10-28 20:17:57] mjmj83 : wurstgelee: @MrRGnome They will not lose customers.
[2016-10-28 20:17:58] wurstgelee : MrRGnome: yes...but its getting worse every minute
[2016-10-28 20:18:01] BitMEX_Sam : We are still discussing internally @everyone
[2016-10-28 20:18:02] wurstgelee : with the liimit still in place
[2016-10-28 20:18:08] BitMEX_Sam : We will have an announcement for you soon.
[2016-10-28 20:18:16] MrRGnome : wurstgelee: I am 99% sure they are discussing this as we speak
[2016-10-28 20:18:17] mjmj83 : This is the Wild West
[2016-10-28 20:18:25] mjmj83 : And everyone knows it.
[2016-10-28 20:18:27] rapidtrades : BitMEX_Sam: can u confirm that there will be no rollback of trades
[2016-10-28 20:18:31] BitMEX_Sam : rapidtrades: Yes
[2016-10-28 20:18:37] rapidtrades : tnx
[2016-10-28 20:18:42] MrRGnome : That's a good start.
[2016-10-28 20:18:47] wurstgelee : yep
[2016-10-28 20:18:51] Cheese : BitMEX_Sam: should I put in a ticket about bitmex announcing the cap being released and people going long
[2016-10-28 20:19:03] wurstgelee : any damage compensations for those shorts mc'ed due to that wall?
[2016-10-28 20:19:06] lord : the whole system is somehow unfair. I know, that it will raise. I went in at 0,07 - got liquidated- went in again, got liquidated, went in again, got liquidated... and now I am only at 400%, this is so ridiculous
[2016-10-28 20:19:28] MrRGnome : lord: Why did you keep going in!?!
[2016-10-28 20:19:48] jose : for your information, i bought at 10 when you said you will remove the limit. afetr you day you will not remove it, so i sold at 5. and now i short because i know the limit will protect me until dec30
[2016-10-28 20:19:50] lord : I am talking about longs here
[2016-10-28 20:19:50] rapidtrades : cos it kept going up duh
[2016-10-28 20:19:58] lord : of course I wanted to go in again
[2016-10-28 20:20:01] coinrun : inb4 the 10btc limit is removed
[2016-10-28 20:20:07] lord : liquidated in a plus
[2016-10-28 20:20:10] jose : but if you remove it, then you make me loose again by changing the rules again
[2016-10-28 20:20:11] wurstgelee : jose: your assumption is wrong
[2016-10-28 20:20:15] wurstgelee : that limit shouldnt be there
[2016-10-28 20:20:17] wurstgelee : it has to go
[2016-10-28 20:20:20] wurstgelee : one way or another
[2016-10-28 20:20:42] wurstgelee : it was never documented an is either there because bitmex didnt expect it to got to 10+btc
[2016-10-28 20:20:44] wurstgelee : or by mistake
[2016-10-28 20:20:52] wurstgelee : in both cases, it has to go
[2016-10-28 20:20:57] rasdasd : BitMEX_Sam: can you approve my withdraw right now or I have to wait till tomorrow?
[2016-10-28 20:21:05] wurstgelee : rasdasd: tomorrow
[2016-10-28 20:21:07] jose : yes, but they said we wont remove the limit, so i changed my strategy
[2016-10-28 20:21:08] wurstgelee : once a day
[2016-10-28 20:21:10] Wings : such a scammy pump
[2016-10-28 20:21:21] wurstgelee : jose: "wont remove right now" iirc
[2016-10-28 20:21:23] MrRGnome : All withdrawls happen offline with th esigning of keys from the board
[2016-10-28 20:21:25] MrRGnome : It's a security thing
[2016-10-28 20:21:27] wurstgelee : noone said it will stay forever
[2016-10-28 20:21:29] rasdasd : wurstgelee: too be honest I am scare I might not be able to withdraw tomrorrow
[2016-10-28 20:21:39] mjmj83 : rasdasd: Why?
[2016-10-28 20:21:41] BitMEX_Sam : Withdrawals always go through rasdasd.
[2016-10-28 20:21:47] wurstgelee : rasdasd: no reason to assume that
[2016-10-28 20:21:47] BitMEX_Sam : They have for two years now, every day.
[2016-10-28 20:22:00] MrRGnome : Withdrawls are something they are really secure about, but the cost is 24 hour delay potentially
[2016-10-28 20:22:01] rasdasd : BitMEX_Sam: okay then cancel my withdraw..wanna trade some more lol
[2016-10-28 20:22:23] BitMEX_Sam : I apologize to everyone about our lack of clarity on ZEC. We hit a technical issue with the 10 BTC price cap and we are discussing our options at this point, we will have more clarity for you soon.
[2016-10-28 20:22:30] BitMEX_Sam : rasdasd: You can cancel via your account page.
[2016-10-28 20:22:46] wurstgelee : BitMEX_Sam: so u cant remove it right now?
[2016-10-28 20:22:57] Bacon futures trader : You should just keep it in place imo. It's in the contract details so that's most fair imo.
[2016-10-28 20:23:05] wurstgelee : for technical reasons
[2016-10-28 20:23:10] BitMEX_Sam : We can, but we are concerned about the effect it will have on the market. It is not a part of the contract details but traders have come to rely on it.
[2016-10-28 20:23:25] jose : now 3.2 ZEC in polo, going up over time so price will go down
[2016-10-28 20:23:27] wurstgelee : BitMEX_Sam: yeah, and others rely on you removing it
[2016-10-28 20:23:28] rapidtrades : traders meaning MMs
[2016-10-28 20:23:33] wurstgelee : because its not in the specs ;)
[2016-10-28 20:23:34] zoron : Its too late to change it now imo, maybe a new contract isa good idea
[2016-10-28 20:23:36] BitMEX_Sam : Do you really believe anyone is MMing this?
[2016-10-28 20:23:43] sleger : no
[2016-10-28 20:23:46] sally : BitMEX_Sam: yes
[2016-10-28 20:23:48] wurstgelee : no, no MM here
[2016-10-28 20:23:58] sleger : what do i win ?
[2016-10-28 20:24:08] sally : the 10btc block was in place to protect MM
[2016-10-28 20:24:20] rapidtrades : +1
[2016-10-28 20:24:20] TwinnerD : How many confirmations to deposit ZEC on Polo?!?
[2016-10-28 20:24:27] sleger : TwinnerD: same as here
[2016-10-28 20:24:34] sally : and also ADL in place to rob us
[2016-10-28 20:24:44] rasdasd : whats the problem with 10btc block?
[2016-10-28 20:24:45] rapidtrades : -1
[2016-10-28 20:24:51] rasdasd : its good they blocked it
[2016-10-28 20:24:55] BitMEX_Sam : sally: The cap has to do with multiples of tickSize, it has nothing to do with anyone's position.
[2016-10-28 20:25:03] BitMEX_Sam : As for ADL see https://www.bitmex.com/app/autoDeleveraging
[2016-10-28 20:25:13] wurstgelee : BitMEX_Sam: u have too shitty choices: fuck those who rely on you removing the limit because its not documented and not part of the spec or fuck those who rely on you leaving the limiit be (aka shorts)
[2016-10-28 20:25:23] wurstgelee : either way, one party gets fucked
[2016-10-28 20:25:38] rapidtrades : with polo at 27...gotta f*ck the shorts
[2016-10-28 20:25:47] wurstgelee : additionally to those who got fucked by that wall anyways because theyx longed not knowing it is there
[2016-10-28 20:25:50] sleger : that limit was a bug
[2016-10-28 20:25:56] sleger : whoever relies on a bug is dumb
[2016-10-28 20:26:01] wurstgelee : sleger: my point
[2016-10-28 20:26:11] wurstgelee : so thats why the limit has to be removed ffs
[2016-10-28 20:26:14] rapidtrades : sleger making good points today
[2016-10-28 20:26:16] sleger : i agree
[2016-10-28 20:26:18] wurstgelee : its not even a quastion
[2016-10-28 20:26:21] sally : a bug? lol it was hard coded
[2016-10-28 20:26:21] wurstgelee : *e
[2016-10-28 20:26:31] wurstgelee : sally: he just said: technical issues
[2016-10-28 20:26:33] sleger : all bugs are hardcoded
[2016-10-28 20:26:33] wurstgelee : this translates to bug
[2016-10-28 20:26:41] wurstgelee : there was never planned to have such a limit
[2016-10-28 20:26:52] MrRGnome : Seems like every trader was reylying ont he limit to either exist then be removed to give a trading opprotunity or to stay forever - either wayt he limit was what decided most traders actions either way it seems
[2016-10-28 20:27:01] KETH : a bug as in "not a documented feature"
[2016-10-28 20:27:03] wurstgelee : also its not and never was in the contract specs or documented anywhere
[2016-10-28 20:27:07] wurstgelee : thats why it HAS to go
[2016-10-28 20:27:14] wurstgelee : //2cents
[2016-10-28 20:27:21] Rado : as I said generally contracts are fraction of 1 BTC
[2016-10-28 20:27:29] lord : now its too late anyway
[2016-10-28 20:27:32] sally : bitmex won everyone with zec futures but now...
[2016-10-28 20:27:35] Rado : ZEC was the first contract to be more than 1 BTC
[2016-10-28 20:27:36] MrRGnome : Yeah the contract specs are the real foul up here
[2016-10-28 20:27:38] lord : it would have been release before...
[2016-10-28 20:27:44] MrRGnome : The limit just became the crash point
[2016-10-28 20:28:02] sally : a "magic bug"
[2016-10-28 20:28:03] wurstgelee : MrRGnome: right. so if we dont meet the specs by mistake/error, the only solution is to fix those specs
[2016-10-28 20:28:06] Mm bot : U need to factionalise Z contact at 0.01
[2016-10-28 20:28:09] rasdasd : what you wanted to make 50btc with it, its not 10? wtf guys
[2016-10-28 20:28:11] wurstgelee : *contracts
[2016-10-28 20:28:24] MrRGnome : wurstgelee: Or the specs are wrong and need to be redefined, either is reasonable IMO
[2016-10-28 20:28:31] numhero : remove or not?
[2016-10-28 20:28:33] kradiav : if there are currently no shorts open from 10, you can remove the limit without screwing anyone
[2016-10-28 20:28:38] Rado : Mm bot: or it could be 1 USD
[2016-10-28 20:28:40] KETH : I wanted to not buy when I read "we will remove it"
[2016-10-28 20:28:44] MrRGnome : My point primarily being that there is no right or wrong answer about how to fix a fucked up instrument
[2016-10-28 20:28:46] rapidtrades : fix the bug bitmex so we can catch up with polo
[2016-10-28 20:28:46] Rado : like XBTUSD
[2016-10-28 20:28:50] wurstgelee : MrRGnome: no..u cant alter a contract after it was agreed on
[2016-10-28 20:29:01] MrRGnome : Well too late @wurstgelee
[2016-10-28 20:29:02] wurstgelee : all positions atm are based on that contract
[2016-10-28 20:29:14] rapidtrades : FIX THE BUG
[2016-10-28 20:29:15] wurstgelee : MrRGnome: yes. but keeping the limit in place makes it even wors.e...
[2016-10-28 20:29:23] MrRGnome : They altered it when they introduced the limit
[2016-10-28 20:29:31] MrRGnome : Maybe. I'm not on either side here.
[2016-10-28 20:29:40] Warz : forget about the limit, ZEC will never go that high again :)
[2016-10-28 20:29:47] wurstgelee : worst case would be polo trading at 5 btc all of sudden, the existing shorts not egtting mc because polo is now low enough....
[2016-10-28 20:29:48] MrRGnome : I don't think removing the limit is necessarily fair for anyone neither is keeping it
[2016-10-28 20:29:49] sleger : people can close their position now if they are afraid of the limit
[2016-10-28 20:29:54] KETH : it is still that high
[2016-10-28 20:29:54] Rado : Warz: it is higher than that right now
[2016-10-28 20:29:57] wurstgelee : and actually let those shorts who should have been amrgin called long ago win
[2016-10-28 20:30:03] Warz : Now we're going to see a long drawn out bear market, the worst we've ever seen
[2016-10-28 20:30:07] wurstgelee : doesnt get worse than that...
[2016-10-28 20:30:26] wurstgelee : and the longer that limit is in place, the more likely that scenario gets
[2016-10-28 20:30:39] anonymous789 : fomo is real in crypto that's what i've learned today
[2016-10-28 20:30:43] l4ndm1n3 : can i sold btc to usd?
[2016-10-28 20:30:58] sleger : no you cant sold
[2016-10-28 20:31:01] lord : bitmex has shorts themselves... thats why
[2016-10-28 20:31:03] MrRGnome : Has anyone calculated what the market cap was at the top of the pump?
[2016-10-28 20:31:15] sleger : NaN
[2016-10-28 20:31:23] KETH : lol
[2016-10-28 20:31:23] sleger : that's what i got
[2016-10-28 20:31:25] wurstgelee : MrRGnome: keeping that limit until polo is in range again would fuck longs again
[2016-10-28 20:31:28] wurstgelee : TWICE then
[2016-10-28 20:31:33] wurstgelee : makes things even worse...
[2016-10-28 20:31:43] rasdasd : it wont go to 10btc again
[2016-10-28 20:31:44] mjones : i think market cap was like $1,000,000 if there was only 0.5 ZEC mined
[2016-10-28 20:31:45] MrRGnome : wurstgelee: To be fair it's not a spot market it's a futures market it needn't necessarily match spot
[2016-10-28 20:31:51] rasdasd : its going down
[2016-10-28 20:31:53] l4ndm1n3 : sleger: can you told how it works!? i what trade, sell and buy zec
[2016-10-28 20:32:04] wurstgelee : MrRGnome: yeah ofc...matching not necessary.....but u have to trade it at any price ffs
[2016-10-28 20:32:07] sleger : l4ndm1n3: whis
[2016-10-28 20:32:12] wurstgelee : *to be able to
[2016-10-28 20:32:23] wurstgelee : if the specs demand it
[2016-10-28 20:32:26] MrRGnome : wurstgelee: I would be down for removing the limit if the contract size was changed and positions transfered to a new instrument
[2016-10-28 20:32:42] MrRGnome : no one can create resistence when it costs 500 btc a coin
[2016-10-28 20:32:54] KETH : as I said close alll position at initial price an create new contract
[2016-10-28 20:33:08] wurstgelee : KETH: that would be reverting
[2016-10-28 20:33:10] wurstgelee : impossible
[2016-10-28 20:33:25] rapidtrades : it's not a limit, it's a bug
[2016-10-28 20:33:27] mjmj83 : wurstgelee: impossible? ask ETH devs
[2016-10-28 20:33:35] wurstgelee : rapidtrades: that
[2016-10-28 20:33:37] rapidtrades : Sam just said it was a limititaitons due to bits or whatever
[2016-10-28 20:33:41] wurstgelee : bugs need to be fixed ffs
[2016-10-28 20:33:48] MrRGnome : rapidtrades: I don't usually call features I impliment bugs. I sometimes call bugs I impliment features but not the other way around
[2016-10-28 20:34:02] wurstgelee : MrRGnome: sam said technical issues
[2016-10-28 20:34:05] wurstgelee : it is a bug
[2016-10-28 20:34:17] wurstgelee : that wal is not intended to be there....by noone
[2016-10-28 20:34:20] wurstgelee : not even bitmex admins
[2016-10-28 20:34:21] MrRGnome : Are we talking about the limit itself is a bug? Then why was it announced?
[2016-10-28 20:34:22] wurstgelee : *l
[2016-10-28 20:34:24] MrRGnome : I sure don't announce my bugs
[2016-10-28 20:34:26] KETH : if it's a bug for the customer, it's a bug
[2016-10-28 20:34:33] wurstgelee : MrRGnome: no..the upper limit @ 10 btc?
[2016-10-28 20:34:34] rapidtrades : MrRGnome: it was never announced
[2016-10-28 20:34:39] wurstgelee : it was never announced
[2016-10-28 20:34:47] rapidtrades : i found out about it when i tried to place limit sell at 99
[2016-10-28 20:34:53] MrRGnome : Did they not say when they introduced the limit?
[2016-10-28 20:34:54] wurstgelee : also...again...sam confirmed its an issue
[2016-10-28 20:34:56] wurstgelee : a bug
[2016-10-28 20:34:59] MrRGnome : I have heard them talking about it a ton this last week
[2016-10-28 20:35:02] wurstgelee : few minutes ago
[2016-10-28 20:35:10] wurstgelee : MrRGnome: that was a different limit
[2016-10-28 20:35:13] rapidtrades : it never said limit just can't place at this price
[2016-10-28 20:35:17] MrRGnome : Oh? Okay
[2016-10-28 20:35:17] wurstgelee : +/-25% per session
[2016-10-28 20:35:20] wurstgelee : later 50
[2016-10-28 20:35:24] wurstgelee : removed today
[2016-10-28 20:35:26] MrRGnome : Yeah that's what I thought we were bumping up against
[2016-10-28 20:35:33] rapidtrades : so ppl who relied on a cap had wild imagination
[2016-10-28 20:35:35] wurstgelee : that imaginary wall we ran against at 10 btc is a bug
[2016-10-28 20:35:37] MrRGnome : That's gone and a new bug limit exists/?
[2016-10-28 20:35:41] wurstgelee : MrRGnome: yesw
[2016-10-28 20:35:42] wurstgelee : !!!
[2016-10-28 20:35:46] MrRGnome : Hmm, my mistake thanks for setting me straight
[2016-10-28 20:35:49] wurstgelee : polo was trading at xxxx btc
[2016-10-28 20:35:52] KETH : Yeah "Oct 28, 12:00 UTC: Limits will be removed entirely."
[2016-10-28 20:35:55] wurstgelee : and orders above 10 btc wefre not possible
[2016-10-28 20:36:01] wurstgelee : STILL not possible
[2016-10-28 20:36:05] wurstgelee : and its a fucking bug...
[2016-10-28 20:36:06] rapidtrades : allegedly somehow 10 triggered some bits limit...maybe due do how many decimals this stupid contract uses
[2016-10-28 20:36:16] wurstgelee : shorts would have been margin called long ago.
[2016-10-28 20:36:16] Smartass : so the Bug was that the price had to be <= 1.000.000 x min tic? can someone confirm this?
[2016-10-28 20:36:19] negamax : Zec is 30 BTC on polo. Would the 10 BTC limit increase?
[2016-10-28 20:36:21] QuantFocus : you guys weren't complaining when shorts were rekt due to limit bug yesterday
[2016-10-28 20:36:29] wurstgelee : longs got margin called because sleger had some fun once he realized that there is a wall
[2016-10-28 20:36:31] rapidtrades : that wasn't a bUG
[2016-10-28 20:36:37] rapidtrades : QuantFocus: that was an actual price limit
[2016-10-28 20:36:39] wurstgelee : dumped to 4 btc here while polo was at several 100
[2016-10-28 20:36:44] rapidtrades : and yeah i was complaining about that too
[2016-10-28 20:36:51] QuantFocus : rapidtrades: yea, that changed after short orders were in
[2016-10-28 20:36:58] rapidtrades : price limits have no place in trading
[2016-10-28 20:37:01] wurstgelee : margin called longs that would have had xxxx% rope already
[2016-10-28 20:37:01] wurstgelee : etc...
[2016-10-28 20:37:03] QuantFocus : changes announced late on the 27th
[2016-10-28 20:37:27] Warz : Keep in mind ZEC futures are for december 30th, it has no connection to current ZEC price, which we all know is vastly overvalued and will come crashing down over the next month
[2016-10-28 20:37:30] wurstgelee : Smartass: probably
[2016-10-28 20:37:36] QuantFocus : and it created a scenario where shorts couldn't escape, forced the price at each reset
[2016-10-28 20:37:38] wurstgelee : something like that
[2016-10-28 20:38:11] zanza : wtf is
[2016-10-28 20:38:12] zanza : going on here
[2016-10-28 20:38:13] rapidtrades : i think bitmex guys are just running the clock hoping polo falls to $10
[2016-10-28 20:38:23] rapidtrades : zanza: don't worry about ti
[2016-10-28 20:38:27] sleger : ofc
[2016-10-28 20:38:31] wurstgelee : and now we have an active bug which "cant be fixed because traders somewhat rely on that bug"
[2016-10-28 20:38:35] NL007 : https://forum.z.cash/t/warning-abnormally-high-number-of-blocks-generated/4308/6
[2016-10-28 20:38:43] wurstgelee : and thereby fucking those who rely on it being fixed
[2016-10-28 20:38:49] wurstgelee : lose-lose situation
[2016-10-28 20:38:53] rapidtrades : NL007: IT'S STILL THE BEST COIN EVAR
[2016-10-28 20:39:00] rapidtrades : haterz gonna hate
[2016-10-28 20:39:05] l4ndm1n3 : how its works?
[2016-10-28 20:39:11] rapidtrades : no clue
[2016-10-28 20:39:13] NL007 : rapidtrades: i dont know
[2016-10-28 20:39:17] zanza : this is a clown show
[2016-10-28 20:39:22] wurstgelee : yep
[2016-10-28 20:39:26] NL007 : we shall see
[2016-10-28 20:39:27] Gemz : i made nothing on this madness and lost nothing, is that a win or a loss?
[2016-10-28 20:39:35] NL007 : its to early
[2016-10-28 20:39:36] wurstgelee : how long ago did we run against that limit?
[2016-10-28 20:39:40] wurstgelee : 1,5h?
[2016-10-28 20:39:52] rapidtrades : yeah 2 hrs
[2016-10-28 20:39:58] wurstgelee : thats days or weeks on a launch day ffs...
[2016-10-28 20:40:01] wurstgelee : in crypto
[2016-10-28 20:40:07] KETH : yeah...
[2016-10-28 20:40:20] rapidtrades : cmon bitmex let us trade
[2016-10-28 20:40:27] rapidtrades : we're losing money, ur losing money
[2016-10-28 20:40:35] wurstgelee : 2h should be enough to discuss options ffs...
[2016-10-28 20:40:40] rapidtrades : f*ck the MMs
[2016-10-28 20:41:09] kryptopojken : rapidtrades: whats stopping u fromn trading?
[2016-10-28 20:41:18] wurstgelee : meanwhile polo still trades above 30 btc per zec
[2016-10-28 20:41:28] KETH : the unknown is stoping me from trading
[2016-10-28 20:41:35] wurstgelee : kryptopojken: an invisible wall @ 10 btc per zec here
[2016-10-28 20:41:35] rapidtrades : kryptopojken: well the fact that market is at 32 and we're capped at 10
[2016-10-28 20:41:39] rapidtrades : that's stopping me
[2016-10-28 20:41:47] wurstgelee : exactly
[2016-10-28 20:41:48] kryptopojken : polo price isnt real
[2016-10-28 20:41:58] wurstgelee : polo price is real
[2016-10-28 20:41:59] MrRGnome : Yah i'd short 32 if it didn't cost me 32 btc for an order
[2016-10-28 20:42:00] wurstgelee : ours isnt
[2016-10-28 20:42:04] KETH : the 10 wall is very real though
[2016-10-28 20:42:05] rapidtrades : right, polo isn't real...where actual precious ZECs are traded
[2016-10-28 20:42:33] aili : the price on polo doesnt mtter
[2016-10-28 20:42:45] aili : this is a contract for dec 30
[2016-10-28 20:42:53] rapidtrades : 1. remove cap 2. mark to polo
[2016-10-28 20:42:56] MrRGnome : aili: It does if it is used to create a mark price ever
[2016-10-28 20:43:00] rapidtrades : let's move the f*Ck on
[2016-10-28 20:43:34] MrRGnome : do everything rapid said but also change the contract size and move everyone to a new instrument with their current positions
[2016-10-28 20:43:43] sally : i was robbed 20btc profit
[2016-10-28 20:43:50] Coach_Z : 3.6 total ZEC on polo
[2016-10-28 20:43:53] wurstgelee : sally: adl is not a bug, its documented
[2016-10-28 20:43:54] Coach_Z : watch that number go up
[2016-10-28 20:43:57] wurstgelee : its how it works here
[2016-10-28 20:44:01] aethlios : 5200 btc traded for zec here, more than polo
[2016-10-28 20:44:02] aili : i was robbed 4 btc profit
[2016-10-28 20:44:26] Coach_Z : time to get on the short side for profit
[2016-10-28 20:44:32] sally : wurstgelee: yeah impossible I enter a trade and out of 500btc I get ADL
[2016-10-28 20:44:32] Coach_Z : just be careful
[2016-10-28 20:44:38] rapidtrades : we were all robbed....price here was capped at over 100 times below polo
[2016-10-28 20:44:43] sally : what a crock of shit
[2016-10-28 20:44:48] wurstgelee : sally: u dont want to unerstand, right?
[2016-10-28 20:44:57] rasdasd : aint touching zec anymore
[2016-10-28 20:44:58] wurstgelee : not only you got adl
[2016-10-28 20:45:02] wurstgelee : 100s of contracts did
[2016-10-28 20:45:06] rapidtrades : i got adl-ed too
[2016-10-28 20:45:09] Zen Trader : Z cash trading at 1/10th the polo price here
[2016-10-28 20:45:10] wurstgelee : exactly...
[2016-10-28 20:45:19] cenkzu : what is ADL=
[2016-10-28 20:45:20] rapidtrades : almost everyone did
[2016-10-28 20:45:26] Coach_Z : zec will be at 1-2 on polo tomorrow
[2016-10-28 20:45:27] rapidtrades : we wen't from 350 to 50 contracts
[2016-10-28 20:45:30] sally : except the MM
[2016-10-28 20:45:31] imabeast : cenkzu: auto deleveraged
[2016-10-28 20:45:34] rapidtrades : we went
[2016-10-28 20:45:39] coinrun : What time are withdrawals processed daily?
[2016-10-28 20:45:40] BitMEX_Sam : sally: Understand that there is a limited amount of money in the system. If you want to make 1000%, you have to take that 1000% from shorters, and unless we require every shorter to put 10x their position size into the system, that is never going to happen.
[2016-10-28 20:45:43] wurstgelee : sally: 6/7 contracts got ADL ffs
[2016-10-28 20:45:47] BitMEX_Sam : ADL is a natural consequence of that.
[2016-10-28 20:45:50] Zen Trader : MM stands for ?? @sally
[2016-10-28 20:46:05] wurstgelee : BitMEX_Sam: enough of ADL. what now? ;)
[2016-10-28 20:46:10] rapidtrades : BitMEX_Sam: any closer to removing the cap sir?
[2016-10-28 20:46:21] sally : Zen Trader: market maker aka scam bot
[2016-10-28 20:46:32] cenkzu : is there a reserve now in that ADL? I dont think i should be liquidated at 9
[2016-10-28 20:46:32] cenkzu : hehe
[2016-10-28 20:46:33] KETH : Any closer to any kind of announcement
[2016-10-28 20:46:35] KETH : ?
[2016-10-28 20:46:37] Coach_Z : 3.8 total ZEC for sale on polo... going up
[2016-10-28 20:46:43] BitMEX_Sam : KETH: wurstgelee: Not yet. Will keep you informed
[2016-10-28 20:46:47] wurstgelee : ....
[2016-10-28 20:46:49] wurstgelee : no u dont
[2016-10-28 20:46:53] wurstgelee : u discuss for 2 hours now
[2016-10-28 20:46:58] rasdasd : BitMEX_Sam: is this gonna impact something for withdrawals?
[2016-10-28 20:47:01] wurstgelee : which is WEEKS on siuch a day
[2016-10-28 20:47:02] BitMEX_Sam : rasdasd: No.
[2016-10-28 20:47:07] rapidtrades : 3 ZEC for sale, 920 BTC in bids
[2016-10-28 20:47:09] wurstgelee : in crypto-time...
[2016-10-28 20:47:16] aethlios : let the team think, don't push them.
[2016-10-28 20:47:17] rapidtrades : we're not going anywhere but up imo
[2016-10-28 20:47:21] BitMEX_Sam : wurstgelee: I understand your concern. There is not a need to keep restating it.
[2016-10-28 20:47:24] Coach_Z : 6 ZEC for sale in an hour probably
[2016-10-28 20:47:40] sally : rapidtrades: me and you with sells set lmfao
[2016-10-28 20:47:41] wurstgelee : BitMEX_Sam: u keep restating "we are discussing".
[2016-10-28 20:47:42] wurstgelee : ;)
[2016-10-28 20:47:53] Coach_Z : miners are scrambling because their pools have things like 0.1zec cashout fees
[2016-10-28 20:48:04] wurstgelee : so i guess were in a loop here
[2016-10-28 20:48:16] rapidtrades : thhat's rough if true....$60 fee
[2016-10-28 20:48:16] wurstgelee : BitMEX_Sam: lets break out of it
[2016-10-28 20:48:17] MrRGnome : Coach_Z: yeah I can't cash out until my pool gets its head on straight
[2016-10-28 20:48:18] wurstgelee : :D
[2016-10-28 20:48:24] anonymous789 : the chinese will kill zec when they wake up
[2016-10-28 20:48:29] sally : smoke crack
[2016-10-28 20:48:42] miramm1115 : guys, removing the cap will not give longs more money, you'll get ADLed way before
[2016-10-28 20:48:44] rapidtrades : Fear the Dragoon
[2016-10-28 20:48:48] Gemz : 3 zec for sell, in an hour it will be 6 prob and the price will halve, and so on, till we go sub 1
[2016-10-28 20:49:02] Gemz : and to 0.1
[2016-10-28 20:49:03] wurstgelee : miramm1115: it will make the price move up.
[2016-10-28 20:49:03] rapidtrades : miramm1115: WRONG....we would get ADLed but likely above $10
[2016-10-28 20:49:10] wurstgelee : exactly
[2016-10-28 20:49:25] Coach_Z : zec bitmex will never touch 10 again
[2016-10-28 20:49:31] KETH : well I'm fine with that. As long as I don't lose evrything to a fake announcement of cap removal...
[2016-10-28 20:49:37] wurstgelee : Coach_Z: depends on how long that bug prevails....
[2016-10-28 20:49:46] shapeshifter : wurstgelee: have you got your longs closed before and had to reopen?
[2016-10-28 20:49:55] wurstgelee : shapeshifter: several times
[2016-10-28 20:50:01] Gemz : u dont want to long now anyway
[2016-10-28 20:50:14] shapeshifter : wurstgelee: when did you get back in?
[2016-10-28 20:50:16] Warz : XMR is gonna drop like a stone
[2016-10-28 20:50:18] Gemz : in a couple hours the price will be sub 10 on polo anyway
[2016-10-28 20:50:19] Warz : ZEC*
[2016-10-28 20:50:26] Coach_Z : the time for long was prelaunch
[2016-10-28 20:50:27] aethlios : zec only 21.000 usd on polo, what a bargain!!!
[2016-10-28 20:50:32] Warz : over the next month it will crash so hard
[2016-10-28 20:50:32] jose : i already lost 5 BTC to fake announcement of cap removal, so now the rules are set, dont touch it please
[2016-10-28 20:50:33] wurstgelee : shapeshifter: i cant recall tbh. i had so much zec trades in the last 24 h...
[2016-10-28 20:50:33] Coach_Z : now it's short time
[2016-10-28 20:50:37] wurstgelee : sold and rebought a lot
[2016-10-28 20:51:02] Coach_Z : i don't have the balls to short much though
[2016-10-28 20:51:09] Coach_Z : keepng my liq price over 10
[2016-10-28 20:51:09] orly : any plans to introduce a ZEC*10^-9 contract or zatoshi or whatever?
[2016-10-28 20:51:34] rapidtrades : there's 64 BTC in bids above $10...so likely not gonna go below
[2016-10-28 20:51:51] Coach_Z : should be under 10BTC on polo in 2 hours
[2016-10-28 20:51:56] wurstgelee : rapidtrades: i dont see polo going below 10 so soon atm tbh