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 21:58:56] aili : firget it guys
[2016-10-28 21:59:16] BitMEX_Sam : There is no way to please everyone on this and we regret that. If you have a specific grievance please email us at support@bitmex.com
[2016-10-28 21:59:31] KETH : yeah enjoy the 10btc long
[2016-10-28 21:59:31] shapeshifter : BitMEX_Sam: nobody knew about the cap, so it should not be in place. Ppl who shorted didnt know to have a parachute
[2016-10-28 21:59:35] wurstgelee : well......i have. lol. roughly 10 btc of grievance :p
[2016-10-28 21:59:43] rapidtrades : lol
[2016-10-28 21:59:44] wurstgelee : yeah whatever...its done.
[2016-10-28 21:59:54] wurstgelee : still made a couple of dozens today
[2016-10-28 22:00:04] BitMEX_Sam : shapeshifter: That's untrue, there was chat about it hours before we hit. Not everyone was reading every line in the chat which is why it became such an inconsistent situation
[2016-10-28 22:00:21] BitMEX_Sam : Which is why this decision did not come easily.
[2016-10-28 22:00:28] rapidtrades : BitMEX_Sam: then u should've fixed it then
[2016-10-28 22:00:39] shapeshifter : BitMEX_Sam: you should make an announcement if a cap is in place, not in chat
[2016-10-28 22:00:42] wurstgelee : BitMEX_Sam: what rapidtrades says
[2016-10-28 22:01:17] wurstgelee : BitMEX_Sam: you are altering a contract after both parties agreed and acted on it... :/
[2016-10-28 22:01:27] HostFat : make a countdown on the news for the next 30 minutes
[2016-10-28 22:01:29] HostFat : and then remove it
[2016-10-28 22:01:39] Smartass : @BitMEX_Sam what @shapeshifter said not good to "announce in chat"
[2016-10-28 22:01:41] BitMEX_Sam : wurstgelee: Didn't you just say you intentionally longed in order to make a stronger grievance against us? Let's be honest with each other.
[2016-10-28 22:01:43] Cheese : BitMEX_Sam: bitmex_xxx support said the "cap was being lifted in 8min"
[2016-10-28 22:01:46] rapidtrades : so the cap will remain in place for the next few days
[2016-10-28 22:02:00] wurstgelee : BitMEX_Sam: that was the second one. also i said "part of me"
[2016-10-28 22:02:00] rapidtrades : until we hit 5000 zec
[2016-10-28 22:02:05] wurstgelee : that wasnt the real reason ofc
[2016-10-28 22:02:06] BitMEX_Sam : Yes. We will announce when we are ready to mark.
[2016-10-28 22:02:07] rapidtrades : major bullshit
[2016-10-28 22:02:24] orly : according to my email history, it took kraken exactly 1 week to add margin trading support for the last coin (REP)
[2016-10-28 22:02:27] wurstgelee : i still thought you cant possibly keep a wall which is not mentioned in a contract i agree to when opening that position
[2016-10-28 22:02:30] wurstgelee : BitMEX_Sam:
[2016-10-28 22:02:31] mjmj83 : Any estimatiosn for the marking of the index?
[2016-10-28 22:02:32] wurstgelee : thats why
[2016-10-28 22:02:47] Kra : Hi, can we have a talk about ZeroCashCloud.com? I know is full popping of scam around but we are legit and time will prove. Just give us the chance of show this :)
[2016-10-28 22:02:49] wurstgelee : the "part of me" was a joke
[2016-10-28 22:02:51] BitMEX_Sam : mjmj83: Please see above, we are looking for at least 1000 ZEC volume before we will consider it.
[2016-10-28 22:02:54] MrRGnome : BitMEX_Sam: is the contract size being changed? How is anyone going to create resistence if a contract costs 20 btc?
[2016-10-28 22:02:58] BitMEX_Sam : @Kra: Enjoy your ban
[2016-10-28 22:03:06] Kra : wut?
[2016-10-28 22:03:07] rapidtrades : BitMEX_Sam: i thught it was 5k?
[2016-10-28 22:03:09] shapeshifter : BitMEX_Sam: ok can we know now what are the criteria of you marking to Polo, or shall we just look at the chat till you are ready to?
[2016-10-28 22:03:14] MrRGnome : Takes a LOT to get a ban out of Sam, damn.
[2016-10-28 22:03:40] BitMEX_Sam : shapeshifter: We will give a full day's notice before this transition.
[2016-10-28 22:03:48] rapidtrades : ok let's go to bed then
[2016-10-28 22:04:01] Cheese : BitMEX_Sam: want about the 8min notice
[2016-10-28 22:04:02] HostFat : damn
[2016-10-28 22:04:06] BitMEX_Sam : MrRGnome: We are aware of the contract size - unfortunately it is not possible to change the size of a contract in-flight. We may consider doing a smaller cont in the future.
[2016-10-28 22:04:17] BitMEX_Sam : Cheese: We have your ticket, we will be gathering more information and will get back to you.
[2016-10-28 22:04:21] BitMEX_Sam : That notice was made in error.
[2016-10-28 22:04:30] wurstgelee : BitMEX_Sam: so..about that altering a contract after both parties agreed on it-thing..? at least a comment maybe? am i wrong?
[2016-10-28 22:04:54] MCT : BitMEX_Sam: When is mark price for zcash being added?
[2016-10-28 22:04:54] mjmj83 : BitMEX_Sam: you mean 1000ZEC on polo price?
[2016-10-28 22:05:09] BitMEX_Sam : mjmj83: Or whichever spot exchange is most liquid.
[2016-10-28 22:05:15] mjmj83 : Allright
[2016-10-28 22:05:19] mjmj83 : Thanks.
[2016-10-28 22:05:24] MrRGnome : MCT: When there is significant volume at reference exchanges i.e. > 1000ZEC
[2016-10-28 22:05:28] BitMEX_Sam : wurstgelee: Technically this is how the contract has been since inception, this was plain to see if you attempted a higher sell, but it was our omission that this was not in the specs
[2016-10-28 22:05:46] BitMEX_Sam : So it is not a change but rather our failure to put this in the contract details.
[2016-10-28 22:05:47] KETH : @Sam: I will also open a ticket for that 8min notice. Shoul I keep the long I bought because of it or not ?
[2016-10-28 22:06:01] BitMEX_Sam : I'm not deflecting blame - we made a mistake here - but this is where we are @wurstgelee
[2016-10-28 22:06:01] wurstgelee : BitMEX_Sam: well..technically...not mentioned=no spec? since its a contract?
[2016-10-28 22:06:11] rapidtrades : BitMEX_Sam: but u admitted earlier that it wa technical limitation
[2016-10-28 22:06:17] rapidtrades : so a bug
[2016-10-28 22:06:22] wurstgelee : BitMEX_Sam: u could at least admit that u are doing it :p for those positions currently open ofc ;)
[2016-10-28 22:06:23] rapidtrades : it wasn't hard-coded as 10
[2016-10-28 22:06:26] wurstgelee : the altering thing
[2016-10-28 22:06:31] BitMEX_Sam : rapidtrades: It was not intended to be present, but that does not mean it can't be changed.
[2016-10-28 22:06:33] Warz : Have I got this right? The 10 BTC limit will be lifted once poloniex (or other exchange) is trading > 1000 ZEC daily, and it will be a notice 24 hours in advance that the limit will be lifted?
[2016-10-28 22:06:43] BitMEX_Sam : Warz: Yes
[2016-10-28 22:06:55] Warz : BitMEX_Sam: thanks
[2016-10-28 22:07:10] Warz : BitMEX_Sam: does that mean, if my liqudation price is higher than 10 btc i can't lose while the limit is there?
[2016-10-28 22:07:24] BitMEX_Sam : Technically yes that is true while the limit is in place.
[2016-10-28 22:07:30] Warz : ok
[2016-10-28 22:07:41] wurstgelee : lolz
[2016-10-28 22:07:48] KETH : BitMEX_Sam: I will also open a ticket for that 8min notice. Should I keep the long I bought ?
[2016-10-28 22:07:51] wurstgelee : great, now we have shorts in god mode
[2016-10-28 22:07:52] wurstgelee : :D
[2016-10-28 22:08:02] HostFat : lol
[2016-10-28 22:08:09] BitMEX_Sam : Again I apologize everyone - I am not happy with how this ended up either - we were not expecting this cap to ever be reached so it was not a concern
[2016-10-28 22:08:18] BitMEX_Sam : KETH: That is your own decision based on the information I have given you
[2016-10-28 22:08:38] HostFat : "we were not expecting this cap to ever be reached so it was not a concern" then it wasn't a bug
[2016-10-28 22:08:49] HostFat : are there other limits on the other markets?
[2016-10-28 22:08:57] rapidtrades : save ur trading history everyone
[2016-10-28 22:08:58] HostFat : I mean, hidden limits
[2016-10-28 22:09:06] BitMEX_Sam : Yes, other alts with tiny tick sizes also have a cap at 10 XBT.
[2016-10-28 22:09:21] rapidtrades : lol great
[2016-10-28 22:09:25] HostFat : lol
[2016-10-28 22:09:28] GreedyGoblin : BitMEX_Sam: in the "Full Contract Details" https://www.bitmex.com/app/contract/ZECZ16 is still no mentioning of the 10 XBT price cap. Or am I missing it? At least put it in now, so nobody is surprised next time, should it be reached again.
[2016-10-28 22:09:28] BitMEX_Sam : This is something we plan to remove.
[2016-10-28 22:09:31] wurstgelee : BitMEX_Sam: fyi: i hold no grudge, i am pissed about losing 10 btc due to a mistake not made by me. i dont really blame you guys tho. mistakes happen.
[2016-10-28 22:09:35] aethlios : long live the cap, saved us today!
[2016-10-28 22:09:42] wurstgelee : i am just pissed it happened
[2016-10-28 22:09:43] wurstgelee : ;)
[2016-10-28 22:09:44] BitMEX_Sam : GreedyGoblin: I am going to add an announcement to the header in the meantime.
[2016-10-28 22:10:18] aethlios : I was calling for a cap days before, at the end we needed it.
[2016-10-28 22:10:19] wurstgelee : BitMEX_Sam: also i am still up a middle class car today due to that zec madness. so all is fine
[2016-10-28 22:10:32] Smartass : wurstgelee: but i was grieving the whole time too that i didn't read about the cap and shorted at that price....
[2016-10-28 22:10:44] BitMEX_Wally : Just to confirm, instruments that are priced in XBT or ETH currently have a maxPrice of 10. Instruments priced in USD or CNY or JPY have a maxPrice of 1000000
[2016-10-28 22:10:54] BitMEX_Wally : There is also a maxOrderQty of 10000000
[2016-10-28 22:11:07] Smartass : before that i was grieving that ai didn't keep my 4 contracts and made 40btc and so on..
[2016-10-28 22:11:28] MCT : BitMEX_Wally: when will there be mark price on ZEC?
[2016-10-28 22:11:45] wurstgelee : MCT: when polo reaches 200 zec daily volume iirc
[2016-10-28 22:11:49] wurstgelee : correct?
[2016-10-28 22:11:50] wurstgelee : 2000
[2016-10-28 22:11:57] BitMEX_Wally : Once we are satisfied there spot market is liquid
[2016-10-28 22:12:16] wurstgelee : BitMEX_Wally: sam said 2000 or something a few minutes ago?
[2016-10-28 22:12:17] BitMEX_Wally : One requirement is at least 1000 ZEC of daily volume
[2016-10-28 22:12:20] wurstgelee : or did i read that wrong?
[2016-10-28 22:12:25] wurstgelee : oh 1000 then
[2016-10-28 22:12:44] wurstgelee : BitMEX_Wally: how else would you measure liquidity if not by volume?
[2016-10-28 22:12:56] mjones : if i would have just FOMO bought 2 contracts at 0.23 and didn't get ADL and closed at 9.99 that is 8486% ROE
[2016-10-28 22:13:05] MCT : BitMEX_Wally: is that automactic? or will there be an anounceemnt
[2016-10-28 22:13:10] BitMEX_Wally : wurstgelee: Average spread size too.
[2016-10-28 22:13:14] BitMEX_Wally : We will make an announcement
[2016-10-28 22:13:22] wurstgelee : ok, thanks
[2016-10-28 22:13:38] MCT : BitMEX_Wally: with lead time?
[2016-10-28 22:13:42] wurstgelee : well, back to more amazing things....
[2016-10-28 22:13:44] wurstgelee : zcash
[2016-10-28 22:13:47] wurstgelee : wtf ;)
[2016-10-28 22:13:51] shapeshifter : BitMEX_Wally: can we please quantify now how much to satisfy your liquidity requirements? so its ink on paper
[2016-10-28 22:14:03] BitMEX_Sam : MCT: shapeshifter: Please see above - 24hr, 1,000 ZEC
[2016-10-28 22:14:05] BitMEX_Wally : We will give 24 hours' notice of a change to the mark method
[2016-10-28 22:14:41] MrRGnome : BitMEX_Wall
[2016-10-28 22:14:43] KETH : Actually how do we open a ticket ? Or is it by email ?
[2016-10-28 22:14:44] shapeshifter : ok so 24hrs after reaching 24hr, 1,000 ZEC
[2016-10-28 22:14:47] shapeshifter : ?
[2016-10-28 22:14:52] BitMEX_Sam : KETH: email support@bitmex.com
[2016-10-28 22:15:03] KETH : BitMEX_Sam: thanks
[2016-10-28 22:15:08] zfan : BitMEX_Wally: be careful giving 24h notices for the contracts that expire in 60 days
[2016-10-28 22:15:09] BitMEX_Sam : shapeshifter: The final decision is at our discretion but that is one of our criteria. Once we have made said decision we will announce 24hr in advance.
[2016-10-28 22:15:36] BitMEX_Wally : This is only the decision for the mark price, we are not making the decision for how we settle the contract until December
[2016-10-28 22:16:05] BitMEX_Wally : So maybe we use Poloniex for the mark price but another exchange becomes more liquid by December
[2016-10-28 22:17:01] shapeshifter : BitMEX_Wally: so, just to be clear, the 10btc limit will be lifted once you decide on a mark price to use, after liquidity gets over 1000btc daily on a single exchange?
[2016-10-28 22:17:31] wurstgelee : shapeshifter: thanks for asking that
[2016-10-28 22:18:22] rapidtrades : shapeshifter: maybe is ur answer :)
[2016-10-28 22:18:41] wurstgelee : nah, they are discussing it
[2016-10-28 22:18:44] wurstgelee : 2.5h max
[2016-10-28 22:18:47] wurstgelee : :p :p :p
[2016-10-28 22:18:55] BitMEX_Sam : wurstgelee: shapeshifter: This exact question was answered above.
[2016-10-28 22:19:14] wurstgelee : BitMEX_Sam: no it wasnt...not a a simple yes or no :)
[2016-10-28 22:19:17] BitMEX_Sam : The limits will be raised once the contract is marked to an external exchange, and our criteria for that decision rest upon at least 1000 ZEC/day volume.
[2016-10-28 22:19:25] BitMEX_Sam : wurstgelee: Scroll up. You will see a simple yes.
[2016-10-28 22:19:40] BitMEX_Sam : For clarity: https://blog.bitmex.com/site_announcement/note-on-zec-price-cap/
[2016-10-28 22:19:47] shapeshifter : BitMEX_Sam: ok that's clear now
[2016-10-28 22:19:49] shapeshifter : thanks
[2016-10-28 22:20:02] wurstgelee : BitMEX_Sam: so.....u are gonna lift the limit once 1000 zec are reached but when u lift it up to you?
[2016-10-28 22:20:07] wurstgelee : is that a yes?
[2016-10-28 22:20:21] BitMEX_Wally : Yes
[2016-10-28 22:20:38] wurstgelee : so why mention the 1000 zec volume in the first place if its up to you?
[2016-10-28 22:20:50] BitMEX_Wally : It's a minimal requirement
[2016-10-28 22:20:50] BitMEX_Sam : Because traders asked what our criteria was.
[2016-10-28 22:20:50] MCT : BitMEX_Sam: I am just trying to make a trading decision. What i dont want is I make a trade at around .2-3BTC per zec and then get mark applied while it in the 15btc range at another site
[2016-10-28 22:21:23] Greg_Colbourn : It's never going to go back above 10 (i.e. 4bn marketcap on Dec30), I wouldn't worry about it!
[2016-10-28 22:21:33] wurstgelee : Greg_Colbourn: probably not
[2016-10-28 22:21:50] sleger : Greg_Colbourn: how many coins by dec 30 ?
[2016-10-28 22:21:55] wurstgelee : altho its still surprisingly stable
[2016-10-28 22:21:57] MrRGnome : 300k
[2016-10-28 22:22:01] wurstgelee : yep
[2016-10-28 22:22:15] wurstgelee : 10 btc per coin would put zcash in eth league
[2016-10-28 22:22:21] wurstgelee : dec 30th
[2016-10-28 22:22:25] Smartass : sleger: 300.000
[2016-10-28 22:22:26] wurstgelee : not entirely impossible
[2016-10-28 22:22:28] wurstgelee : ;)
[2016-10-28 22:23:09] wurstgelee : meanwhile polo > 20
[2016-10-28 22:23:27] Greg_Colbourn : @sleger @Smartass ok, so more like 2bn marketcap, still ridiculous
[2016-10-28 22:23:57] sleger : at 10btc for a zec ?
[2016-10-28 22:24:05] HostFat : this limit is like the block size limit on Bitcoin
[2016-10-28 22:24:12] Smartass : for me its hard to imagine its above 2btc
[2016-10-28 22:24:13] Greg_Colbourn : sleger: yeah
[2016-10-28 22:24:15] wurstgelee : sleger: 10 btc per zec would be 3m btc
[2016-10-28 22:24:30] wurstgelee : 2bn
[2016-10-28 22:24:32] Greg_Colbourn : wurstgelee: yeah, or 2bn dollars
[2016-10-28 22:24:38] wurstgelee : ;)
[2016-10-28 22:24:49] wurstgelee : on dec 30th ofc
[2016-10-28 22:24:54] Greg_Colbourn : so current price is about 600mn dollars
[2016-10-28 22:25:23] Greg_Colbourn : which still seems too high by an order of magnitude!
[2016-10-28 22:26:37] wurstgelee : polo 26. unbelievable...
[2016-10-28 22:27:17] rapidtrades : can we mine this crap
[2016-10-28 22:27:20] Greg_Colbourn : wurstgelee: I heard there's something about the mining pools witholding payouts
[2016-10-28 22:27:30] Greg_Colbourn : wurstgelee: once they do, price will crash again
[2016-10-28 22:27:39] wurstgelee : Greg_Colbourn: some mining pools require an excessive amount of confirmations
[2016-10-28 22:27:45] wurstgelee : or most even
[2016-10-28 22:27:53] Smartass : Greg_Colbourn: those cheaters are cheating themselves in the end
[2016-10-28 22:27:56] rapidtrades : wurstgelee: is it cost effective to mine?
[2016-10-28 22:27:58] wurstgelee : few hundred blocks until u can withdraw mined coins
[2016-10-28 22:28:03] Greg_Colbourn : wurstgelee: ah, ok.
[2016-10-28 22:28:07] rapidtrades : let's could mine this pos
[2016-10-28 22:28:09] wurstgelee : would explain that almost no coins on polo
[2016-10-28 22:28:19] wurstgelee : once those poolcoins arrive, massive dump should happen
[2016-10-28 22:28:27] rapidtrades : could
[2016-10-28 22:28:30] rapidtrades : not should
[2016-10-28 22:28:32] wurstgelee : and if thats te case, almost only solo mined coins on polo atm
[2016-10-28 22:28:45] wurstgelee : so almost nothing...
[2016-10-28 22:29:04] wurstgelee : if the first batch of poolcoins arrives, it should dump...prob will even
[2016-10-28 22:29:25] rapidtrades : even to what
[2016-10-28 22:29:38] wurstgelee : nah, different meaning
[2016-10-28 22:29:55] wurstgelee : not the even as in leveling
[2016-10-28 22:29:57] wurstgelee : =)
[2016-10-28 22:30:21] wurstgelee : anyways, great show so far. polo 28
[2016-10-28 22:30:23] wurstgelee : :p
[2016-10-28 22:30:43] coinrun : Sec going back to 300btc
[2016-10-28 22:30:48] coinrun : then back down
[2016-10-28 22:31:08] khessabi2 : BitMEX_Sam: why bitmex doesn't let people set sell order obove 10btc on Zcash?!!
[2016-10-28 22:31:13] coinrun : float rotation
[2016-10-28 22:31:34] rapidtrades : zec has a volume of 2500 on polo
[2016-10-28 22:31:42] wurstgelee : khessabi2: because its unsafe to do so
[2016-10-28 22:31:45] Greg_Colbourn : khessabi2: liquidity. Problem is minimum order is 1ZEC.
[2016-10-28 22:31:46] wurstgelee : or something..
[2016-10-28 22:31:52] rapidtrades : so how about that 24h notice?
[2016-10-28 22:31:57] MrRGnome : rapidtrades: Volume in BTC not ZEC
[2016-10-28 22:32:02] rapidtrades : btc
[2016-10-28 22:32:10] wurstgelee : rapidtrades: minimal requirement for notice: 1000 zec volume
[2016-10-28 22:32:13] rapidtrades : btw btc<zec idiot
[2016-10-28 22:32:32] wurstgelee : MrRGnome: 1000 zec volume
[2016-10-28 22:32:35] rapidtrades : k
[2016-10-28 22:32:40] MrRGnome : wurstgelee: Right.
[2016-10-28 22:32:40] wurstgelee : polo already has 2500 in btc
[2016-10-28 22:32:58] wurstgelee : 1000 zec will be tomorrow
[2016-10-28 22:33:02] wurstgelee : no doubt ;)
[2016-10-28 22:33:07] MrRGnome : Sure but Sam kept saying only 5Zec ont he orderbook, I think he is talking about ask volume not market volume
[2016-10-28 22:33:08] wurstgelee : if not in some hours
[2016-10-28 22:33:09] khessabi2 : wurstgelee: why unsafe...the hole zcash trade is usafe
[2016-10-28 22:33:37] rapidtrades : MrRGnome: idk what do u think @BitMEX_Sam
[2016-10-28 22:33:37] MrRGnome : Some of the best things in life are unsafe
[2016-10-28 22:33:42] wurstgelee : khessabi2: i cant explain it to you, you have to ask the admins.....
[2016-10-28 22:33:49] wurstgelee : i dont understand it :)
[2016-10-28 22:34:01] wurstgelee : obv its to risky for a high risk speculative contract or something
[2016-10-28 22:34:05] wurstgelee : *too
[2016-10-28 22:34:23] wurstgelee : or it doesnt resemble the real value
[2016-10-28 22:34:27] wurstgelee : or the price is not real..
[2016-10-28 22:34:31] wurstgelee : read chatlog, its there
[2016-10-28 22:34:35] rapidtrades : Over 1000 ZEC/day volume
[2016-10-28 22:34:36] khessabi2 : wurstgelee: thx .....I mentioned him, but no answer
[2016-10-28 22:34:45] rapidtrades : so its volume not asks
[2016-10-28 22:34:52] wurstgelee : rapidtrades: yes
[2016-10-28 22:34:59] rapidtrades : should happene tomorrow like german said
[2016-10-28 22:35:04] wurstgelee : easily
[2016-10-28 22:35:24] wurstgelee : few hours after poolcoins are on polo
[2016-10-28 22:35:53] wurstgelee : but remember, only minimal requirement
[2016-10-28 22:35:58] wurstgelee : its up to bitmex to decide ;)
[2016-10-28 22:36:12] sleger : so, shorting at 3 now ?
[2016-10-28 22:36:20] wurstgelee : gawd i am still salty
[2016-10-28 22:36:20] sleger : what duyu think
[2016-10-28 22:36:26] rapidtrades : no
[2016-10-28 22:36:29] wurstgelee : sleger: 3 ? no
[2016-10-28 22:36:31] wurstgelee : too low
[2016-10-28 22:36:38] Greg_Colbourn : sleger: yes - it's not going to be worth more than 600mn marketcap on Dec 30. No way.
[2016-10-28 22:36:40] wurstgelee : limit renmoval will be within 2 days i figure
[2016-10-28 22:36:42] wurstgelee : max 3
[2016-10-28 22:36:45] wurstgelee : *removal
[2016-10-28 22:37:03] wurstgelee : 3 btc seems realistic....somehow
[2016-10-28 22:37:17] wurstgelee : 900k btc on december 30
[2016-10-28 22:37:20] wurstgelee : 540m
[2016-10-28 22:37:23] rapidtrades : u know what's realistic? 25 btx
[2016-10-28 22:37:27] wurstgelee : way below eth
[2016-10-28 22:37:28] rapidtrades : current market price
[2016-10-28 22:37:32] wurstgelee : thats why
[2016-10-28 22:37:44] wurstgelee : rapidtrades: fur today it is. but not for dec 30th ;)
[2016-10-28 22:37:45] Greg_Colbourn : rapidtrades: 100mn?
[2016-10-28 22:37:45] Smartass : rapidtrades: i have a hard time see it over 1 btc in 5 days
[2016-10-28 22:37:48] wurstgelee : *for
[2016-10-28 22:37:58] wurstgelee : Smartass: thats no problem for me
[2016-10-28 22:38:04] wurstgelee : supply will be ~ 3000 then
[2016-10-28 22:38:06] wurstgelee : total
[2016-10-28 22:38:09] wurstgelee : in 3 days
[2016-10-28 22:38:15] wurstgelee : so 1 btc np
[2016-10-28 22:38:19] wurstgelee : not at all
[2016-10-28 22:38:54] rapidtrades : who's long?
[2016-10-28 22:38:56] Smartass : wurstgelee: yeah whole orderbook on polo was 950 btc now its down to 800btc
[2016-10-28 22:38:59] negamax : zec at 80 on kraken!
[2016-10-28 22:39:02] Smartass : thats not much
[2016-10-28 22:39:08] negamax : 90 now.. wtf
[2016-10-28 22:39:15] Greg_Colbourn : negamax: no vol
[2016-10-28 22:39:18] rapidtrades : negamax: volume?
[2016-10-28 22:39:21] Smartass : kraken is not really liquid moonprices
[2016-10-28 22:39:24] wurstgelee : Smartass: too early....to read anything in orderbooks imo. or charts. this is still pure madness
[2016-10-28 22:39:42] negamax : rapidtrades: @Greg_Colbourn very little; just looking at recent trades
[2016-10-28 22:39:58] wurstgelee : rapidtrades: 1 contract btw...long
[2016-10-28 22:41:58] rapidtrades : me too...
[2016-10-28 22:42:07] rapidtrades : sleger: u in?
[2016-10-28 22:42:15] sleger : 0
[2016-10-28 22:42:26] rapidtrades : polo 31
[2016-10-28 22:42:29] rapidtrades : 33
[2016-10-28 22:42:41] elfix : yes the wall
[2016-10-28 22:42:57] rapidtrades : they have to lift the cap sometime...and even if they don't, it's 10 not 3
[2016-10-28 22:43:07] elfix : chinesse wake up :)
[2016-10-28 22:44:44] rapidtrades : jung1: we need u
[2016-10-28 22:45:06] wurstgelee : at some point we will realize that below 3 btc might be too cheap... we see it but we dont believe it yet.
[2016-10-28 22:45:09] wurstgelee : :D
[2016-10-28 22:45:26] rapidtrades : 10 easy
[2016-10-28 22:45:38] elfix : yep maybe more
[2016-10-28 22:45:45] wurstgelee : i dont believe it myself
[2016-10-28 22:45:47] Greg_Colbourn : rapidtrades: you really think it'll overtake BTC in marketcap?
[2016-10-28 22:45:52] wurstgelee : otherwise i would long more
[2016-10-28 22:46:23] rapidtrades : Greg_Colbourn: i dunno...but i see it trading at 30 on market
[2016-10-28 22:46:26] wurstgelee : Greg_Colbourn: it doesnt have to
[2016-10-28 22:46:36] rapidtrades : we're at 90% discount
[2016-10-28 22:46:39] Greg_Colbourn : rapidtrades: right, that's with no supply side
[2016-10-28 22:46:40] wurstgelee : it has less coins...way less....REALLY WAY LESS supply...
[2016-10-28 22:46:51] wurstgelee : so trading higher than btc schould be no problem for the coming months
[2016-10-28 22:46:56] Greg_Colbourn : rapidtrades: the supply will be 100x bigger in a couple of days
[2016-10-28 22:47:21] wurstgelee : Greg_Colbourn: still 100x smaller than btc
[2016-10-28 22:47:25] wurstgelee : ;)
[2016-10-28 22:47:28] rapidtrades : Greg_Colbourn: could be priced in to a degree
[2016-10-28 22:47:42] Greg_Colbourn : wurstgelee: I'm talking about total marketcap (i.e. with 300ZEC available on Dec 30th)
[2016-10-28 22:47:51] wurstgelee : oh ok
[2016-10-28 22:47:54] Greg_Colbourn : 300k ZEC
[2016-10-28 22:48:05] rapidtrades : im long 1 and 4 lights are lid up...bullshit
[2016-10-28 22:48:25] rapidtrades : i'll prolly get ADLed before 10
[2016-10-28 22:48:32] Greg_Colbourn : rapidtrades: long from 1BTC price? You should cash out now!
[2016-10-28 22:48:52] rapidtrades : no long from here
[2016-10-28 22:49:03] aili : lets go, push the short sqeeze)
[2016-10-28 22:49:06] Greg_Colbourn : Oh right, well, good luck..
[2016-10-28 22:49:29] Greg_Colbourn : I'm short and have 4 lights light (it's just low liquidity)
[2016-10-28 22:49:36] rapidtrades : cool
[2016-10-28 22:49:52] coinrun : Greg_Colbourn: rip
[2016-10-28 22:50:17] Greg_Colbourn : coinrun: lol it's never going above my liquidation price (1bn marketcap!!). Think I'm safe
[2016-10-28 22:50:30] coinrun : expiry is in 2 days
[2016-10-28 22:50:33] rapidtrades : never :)
[2016-10-28 22:50:43] rapidtrades : that's a funny word
[2016-10-28 22:50:52] Greg_Colbourn : coinrun: ? You have to cash out in 2 days?
[2016-10-28 22:51:06] coinrun : lol @Greg_Colbourn
[2016-10-28 22:51:10] coinrun : good luck
[2016-10-28 22:51:13] rapidtrades : has to pay his hoes
[2016-10-28 22:52:23] Greg_Colbourn : coinrun: I don't get it - what do you mean by "expiry is in 2 days"?
[2016-10-28 22:52:37] rapidtrades : do u think ppl are hording those ZECs or just recycling the same 4 ZECs on polo
[2016-10-28 22:52:56] Greg_Colbourn : It's unlikely there will be no hiccups at all before Dec30th
[2016-10-28 22:52:59] rapidtrades : it's been 4 on asks for the past few hrs
[2016-10-28 22:54:25] MrRGnome : rapidtrades: I'm mining zec through 2 pools and both are having withdrawl issues which compounds the problem
[2016-10-28 22:54:44] Greg_Colbourn : MrRGnome: how much have you mined?
[2016-10-28 22:54:52] rapidtrades : MrRGnome: define 'issues'
[2016-10-28 22:55:25] MrRGnome : rapidtrades: unable to withdraw + a notice that says "we are having backend issues". One of them is so spotty I can't even use it half the time (suprnova)
[2016-10-28 22:55:42] rapidtrades : what a scam
[2016-10-28 22:55:55] MrRGnome : I've mined about 0.005 ZEC
[2016-10-28 22:56:19] rapidtrades : so $10?
[2016-10-28 22:56:37] MrRGnome : Depends on what you're quoting as an exchange price
[2016-10-28 22:56:45] rapidtrades : ah $100 then
[2016-10-28 22:56:53] rapidtrades : not bad for a day's work
[2016-10-28 22:56:57] rapidtrades : or 6 hrs
[2016-10-28 22:57:02] rapidtrades : what's ur rig
[2016-10-28 22:57:06] HjP : MrGnome, which two pools?
[2016-10-28 22:57:13] Greg_Colbourn : Could've got $10000 for it at the peak price on Polo!
[2016-10-28 22:57:15] MrRGnome : suprnova and coinmine
[2016-10-28 22:57:20] MrRGnome : both are pissing me off
[2016-10-28 22:58:23] rapidtrades : does polo not know about us
[2016-10-28 22:58:32] rapidtrades : smone go over there and tell them about cheap coinz
[2016-10-28 22:58:54] rapidtrades : we need to arb this shit
[2016-10-28 22:59:02] MrRGnome : rapidtrades: I think everyone knows the price won't last to dec. 30 and daddy bitmex is protecting th eprice here
[2016-10-28 22:59:14] rapidtrades : what's eprice
[2016-10-28 22:59:45] rapidtrades : if everyone knows then we wouldn't be at 29
[2016-10-28 23:00:22] Smartass : does somebody have a correct link about monetary supply nothing seems to be right?
[2016-10-28 23:00:57] TwinnerD : https://explorer.zcha.in
[2016-10-28 23:01:24] HjP : MrRGnome, who is potecting the price? .. and how?
[2016-10-28 23:02:25] Greg_Colbourn : So 83ZEC in existence. Polo only has 5%
[2016-10-28 23:03:16] rapidtrades : this will be a long night
[2016-10-28 23:03:55] rapidtrades : lol 5 lights
[2016-10-28 23:03:57] rapidtrades : cmon
[2016-10-28 23:04:17] TwinnerD : Greg_Colbourn: one guy mined 50% of blocks. And no pool pays out
[2016-10-28 23:04:21] Smartass : TwinnerD: the thing its cotradicting: https://forum.z.cash/t/could-someone-please-post-detailed-monetary-supply-table/3805
[2016-10-28 23:04:48] vijay : Wow... ZCASH
[2016-10-28 23:04:51] rapidtrades : wurstgelee: how many lights?
[2016-10-28 23:05:03] Greg_Colbourn : TwinnerD: 51% attack possible?
[2016-10-28 23:05:22] REKT : Liquidated short on `ZECZ16`: Buy 1 @ 3.980833
[2016-10-28 23:05:22] REKT : Liquidated short on `ZECZ16`: Buy 1 @ 3.812500
[2016-10-28 23:05:25] wurstgelee : rapidtrades: 1
[2016-10-28 23:05:32] vijay : Whats going on with ZEC
[2016-10-28 23:05:41] TwinnerD : Yes @Greg_Colbourn
[2016-10-28 23:05:43] REKT : Liquidated short on `ZECZ16`: Buy 5 @ 4.122374
[2016-10-28 23:05:43] REKT : Liquidated short on `ZECZ16`: Buy 1 @ 4.695955
[2016-10-28 23:05:50] rapidtrades : wtf....where u long from? i have 5 @wurstgelee
[2016-10-28 23:06:13] wurstgelee : rapidtrades: 4 oO
[2016-10-28 23:06:17] wurstgelee : hehe
[2016-10-28 23:06:22] REKT : Liquidated short on `ZECZ16`: Buy 2 @ 4.847500
[2016-10-28 23:06:31] vijay : I can not purchase ZEC now... Its too high
[2016-10-28 23:06:32] wurstgelee : only 45% ROE atm
[2016-10-28 23:06:49] rapidtrades : don't ADL me bros
[2016-10-28 23:06:51] null : one more liquidations
[2016-10-28 23:06:54] rapidtrades : i love bitmex
[2016-10-28 23:06:56] wurstgelee : and i am out
[2016-10-28 23:06:58] wurstgelee : took the offer
[2016-10-28 23:07:02] rapidtrades : wurstgelee: bitch
[2016-10-28 23:07:16] wurstgelee : yeah, had enough
[2016-10-28 23:07:19] rapidtrades : hold the f line
[2016-10-28 23:07:21] wurstgelee : tired
[2016-10-28 23:07:29] rapidtrades : then f off
[2016-10-28 23:07:35] wurstgelee : nah, have to relax now
[2016-10-28 23:07:42] wurstgelee : still pumped from action ;)
[2016-10-28 23:07:49] rapidtrades : relax smwhere else, u annoy me
[2016-10-28 23:07:59] wurstgelee : haha, hf making money ;)
[2016-10-28 23:08:24] null : I dont get it. How did the price just jump 20% when polo price is not moving
[2016-10-28 23:08:33] rapidtrades : ...cos polo is at 26
[2016-10-28 23:08:38] rapidtrades : twenty-six
[2016-10-28 23:08:44] Greg_Colbourn : null: this is the price on Dec 30th! Polo is neither here nor there
[2016-10-28 23:08:55] rapidtrades : Greg...shut up
[2016-10-28 23:09:13] null : Im trying to make sense of this game
[2016-10-28 23:09:16] rapidtrades : am i the only long now? how can i have 5 lights lol
[2016-10-28 23:09:17] wurstgelee : null: it has to move eventually...in polo direction
[2016-10-28 23:09:18] HjP : is it true what MrRGnoe said? Is the price somehow protected?
[2016-10-28 23:09:19] Greg_Colbourn : rapidtrades: should've closed your long when you were winning big!
[2016-10-28 23:09:20] null : just lost 2btc
[2016-10-28 23:09:25] wurstgelee : people are scared here atm, thazt is all
[2016-10-28 23:09:38] wurstgelee : null: extremely dangerous atm, no marking
[2016-10-28 23:09:44] wurstgelee : *last price marking
[2016-10-28 23:10:10] rapidtrades : wow polo 20-25
[2016-10-28 23:10:32] wurstgelee : rapidtrades: pissed i took the exit? :p
[2016-10-28 23:10:34] Greg_Colbourn : Polo has 5% of the supply. Wait until more hits
[2016-10-28 23:10:40] rapidtrades : rly looks like the buys on polo aer much bigger then the sells
[2016-10-28 23:10:45] HostFat : I think that the admin should instead just stop the trading completely
[2016-10-28 23:11:01] HostFat : people are comming here and losing money against the invisible wall
[2016-10-28 23:11:23] Greg_Colbourn : HostFat: what invisible wall?
[2016-10-28 23:12:17] REKT : Liquidated long on `ZECZ16`: Sell 3 @ 3.170000
[2016-10-28 23:12:57] null : ok good
[2016-10-28 23:13:01] null : my loss is gone
[2016-10-28 23:13:05] null : -2btc to +1btc
[2016-10-28 23:13:09] wurstgelee : lol rapid :D
[2016-10-28 23:13:10] null : this is insane
[2016-10-28 23:13:15] wurstgelee : it is
[2016-10-28 23:13:20] null : I've never seen a market this broken
[2016-10-28 23:13:33] Greg_Colbourn : null: minimum order of 1ZEC is the problem
[2016-10-28 23:13:34] wurstgelee : null: it currently is
[2016-10-28 23:13:42] null : but I guess this is what you get when you make a futures contract on a highly hyped P&D coin
[2016-10-28 23:13:51] wurstgelee : minimum order too high also invisible wall
[2016-10-28 23:14:09] wurstgelee : null: noone really thought this could actually happen
[2016-10-28 23:14:11] rapidtrades : too high for poor people
[2016-10-28 23:14:14] wurstgelee : this price llevel
[2016-10-28 23:14:24] HostFat : the good this is that now I'm out thanks to null :D
[2016-10-28 23:14:25] wurstgelee : altho it was abovious its gonna pump harder than anything else before
[2016-10-28 23:14:26] null : I thought it was too expensive when it was at 0.1 :(
[2016-10-28 23:14:52] AudibleScience : null: lol so did I
[2016-10-28 23:15:07] null : so far I missed out on: BTC, ETH, and ZEC
[2016-10-28 23:15:10] wurstgelee : i remember those discussion
[2016-10-28 23:15:11] wurstgelee : s
[2016-10-28 23:15:18] wurstgelee : few weeks ago ;)
[2016-10-28 23:15:27] wurstgelee : 2, maybe 3
[2016-10-28 23:16:19] Warz : Can't believe zcash is still trading at $17000... people have lost touch with reality
[2016-10-28 23:16:44] Greg_Colbourn : Warz: or they can't do simple arithmetic (i.e. work out marketcap implications)
[2016-10-28 23:16:45] Techemy : yes
[2016-10-28 23:17:08] Techemy : there's like 30 coins issued on day 1... market cap at 20k per coin is not massive..
[2016-10-28 23:17:30] Warz : market cap is meaningless
[2016-10-28 23:17:33] rapidtrades : large 40 btc buy
[2016-10-28 23:17:37] rapidtrades : on polo
[2016-10-28 23:17:45] Techemy : market cap is largly BS in crypto
[2016-10-28 23:17:51] rapidtrades : i mean limit bid
[2016-10-28 23:17:58] null : @Techemy yup
[2016-10-28 23:18:01] Greg_Colbourn : Techemy: yes, but people need to look at, e.g., marketcap on Dec 30th implicated by price (currently here - 3BTC means $600m marketcap!)
[2016-10-28 23:18:19] rapidtrades : btw polo back above 30
[2016-10-28 23:18:20] wurstgelee : Greg_Colbourn: way less than eth right?
[2016-10-28 23:18:38] rapidtrades : kraken above 60
[2016-10-28 23:18:39] Greg_Colbourn : wurstgelee: I think realistic is somewhere areound Monero
[2016-10-28 23:18:40] Techemy : Greg, you're doing it worng
[2016-10-28 23:18:47] Tetsuo : rapidtrades: i have no words for your stupidity
[2016-10-28 23:18:50] Greg_Colbourn : wurstgelee: given they have similar value propositions
[2016-10-28 23:18:59] wurstgelee : Greg_Colbourn: zcash is way above monero imo
[2016-10-28 23:19:04] Techemy : here
[2016-10-28 23:19:05] Techemy : http://bravenewcoin.com/zcash#Trading-Pairs
[2016-10-28 23:19:09] Techemy : market cap 2m today
[2016-10-28 23:19:14] Greg_Colbourn : wurstgelee: they're both anonymous cash
[2016-10-28 23:19:15] rapidtrades : Tetsuo: yet u found words to type that garbage
[2016-10-28 23:19:25] Techemy : it can stay 2m for weeks while the price drops and supply increases
[2016-10-28 23:19:43] wurstgelee : Greg_Colbourn: different infrastructure..big money behind....enormous adoption on day one....
[2016-10-28 23:19:47] wurstgelee : more backing
[2016-10-28 23:19:51] wurstgelee : huge advantage
[2016-10-28 23:19:55] wurstgelee : for zcash
[2016-10-28 23:19:59] wurstgelee : huuuuuge
[2016-10-28 23:20:05] rapidtrades : YUUUGE
[2016-10-28 23:20:08] wurstgelee : ;)
[2016-10-28 23:20:14] Techemy : ja this is not monera lol
[2016-10-28 23:20:24] Greg_Colbourn : wurstgelee: you taken out another long by any chance?
[2016-10-28 23:20:25] rapidtrades : ZEC is the next best thing since sliced bread
[2016-10-28 23:20:35] kogroken : But will chaijna back it?
[2016-10-28 23:20:38] rapidtrades : and sliced bread wasn't that great bth
[2016-10-28 23:20:42] Techemy : new toy for shillbert to pump haha
[2016-10-28 23:20:45] wurstgelee : Greg_Colbourn: nope
[2016-10-28 23:20:46] wurstgelee : flat
[2016-10-28 23:20:47] zerocashcloud : http://ZeroCashCloud.com - $ZEC #Cloud Mining Platform - Free faucet, Hash Market, 24/7 Support. #Zcash #bitcoin #blockchain #zerocash
[2016-10-28 23:21:02] wurstgelee : tired, i am done for today unless someone dumps on my very low bid ;)
[2016-10-28 23:21:04] rapidtrades : is this the same link
[2016-10-28 23:21:17] wurstgelee : rapidtrades: i think so
[2016-10-28 23:21:28] rapidtrades : persistent f*cker
[2016-10-28 23:21:58] Greg_Colbourn : monetary base just jumped 30ZEC!? Is blockchain broken already? ;-)
[2016-10-28 23:22:27] rapidtrades : stop spreading FUD
[2016-10-28 23:22:38] wurstgelee : Greg_Colbourn: lol ffs. =)
[2016-10-28 23:22:41] wurstgelee : this is not polo
[2016-10-28 23:22:43] wurstgelee : hehe
[2016-10-28 23:22:45] Greg_Colbourn : rapidtrades: https://explorer.zcha.in/ was 83 a few mins ago
[2016-10-28 23:22:56] Greg_Colbourn : It's still a "Trollbox" ;-)
[2016-10-28 23:22:59] wurstgelee : :D
[2016-10-28 23:23:22] Tetsuo : bug in zcash protocol found according to dev irc... it looks pretty bad
[2016-10-28 23:23:31] rapidtrades : f*ck off
[2016-10-28 23:23:32] wurstgelee : great, i completely ignored btc for 24h and it didnt move from where i checked last
[2016-10-28 23:23:35] wurstgelee : =)
[2016-10-28 23:24:00] Greg_Colbourn : Tetsuo: serious?
[2016-10-28 23:24:04] Tetsuo : devs just announced a hardfork for zec
[2016-10-28 23:24:12] rapidtrades : f*ck u liar
[2016-10-28 23:24:15] RoftheN : lol
[2016-10-28 23:24:17] Greg_Colbourn : Tetsuo: lol now that's fud
[2016-10-28 23:24:25] kryptopojken : ban him
[2016-10-28 23:24:31] rapidtrades : +2
[2016-10-28 23:24:41] TraderStefan : +3
[2016-10-28 23:24:49] wurstgelee : vitalik reveals zooko is his alter ego
[2016-10-28 23:24:50] rapidtrades : +4
[2016-10-28 23:24:53] Tetsuo : hardfork in 8h confirmed
[2016-10-28 23:25:08] wurstgelee : rollback to genesis block confirmed