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<< >> English 中文 Русский 한국어 日本語 Español Français [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 [2016-10-28 23:25:11] wurstgelee : relaunch tomorrow [2016-10-28 23:25:17] Tetsuo : i can confirm this [2016-10-28 23:25:21] wurstgelee : ;) [2016-10-28 23:25:23] rapidtrades : -1 [2016-10-28 23:25:27] kryptopojken : wait what? [2016-10-28 23:25:28] wurstgelee : see? confirmed [2016-10-28 23:25:51] wurstgelee : kryptopojken: we are fooling around. thats all. [2016-10-28 23:25:59] kryptopojken : kk [2016-10-28 23:26:04] null : fooling around confirmed [2016-10-28 23:26:08] wurstgelee : ;) [2016-10-28 23:26:24] rapidtrades : great keep fooling around with price marked on last and 20% spread [2016-10-28 23:26:34] wurstgelee : rapidtrades: so ..about my exit @ 4.9 or something...u jelly? :p [2016-10-28 23:27:04] rapidtrades : i should've taken that, i'll prolly get ADLed before 5 [2016-10-28 23:27:24] wurstgelee : oh, so u have a really low buy in i figure? [2016-10-28 23:27:41] wurstgelee : i deserved that exit then, mine was shitty =) [2016-10-28 23:27:44] Greg_Colbourn : We won't see 5 again [2016-10-28 23:27:45] rapidtrades : not really it's just below 3 [2016-10-28 23:27:51] wurstgelee : yeah, i had 4 straight [2016-10-28 23:27:53] wurstgelee : shitty [2016-10-28 23:28:12] rapidtrades : i must be the only long here to have 5 lights with 1 conract and 0.24 btc profit lol [2016-10-28 23:28:23] Tetsuo : i can also confirm that rapid is dumber than sliced bread [2016-10-28 23:28:26] wurstgelee : 2x leverage then i figure [2016-10-28 23:28:39] rapidtrades : no im on cross [2016-10-28 23:29:03] Greg_Colbourn : what does cross mean? You sell rather than buy for a long? [2016-10-28 23:29:05] maker101 : trading Zcash.. might as well go the casino and put it all on black.. toxic (waste) [2016-10-28 23:29:08] wurstgelee : i forgot, is it based on absolute UPNL or ROE? [2016-10-28 23:29:11] wurstgelee : who gets ADLed? [2016-10-28 23:29:35] rapidtrades : i dunno [2016-10-28 23:29:48] wurstgelee : hm. i can live with not knowing. [2016-10-28 23:29:55] wurstgelee : cba to check [2016-10-28 23:30:05] wurstgelee : ill ask again tomorrow maybe [2016-10-28 23:30:07] wurstgelee : ;) [2016-10-28 23:31:56] rapidtrades : now 130 btc above 10 [2016-10-28 23:31:59] rapidtrades : in bids [2016-10-28 23:33:15] TwinnerD : So 15 blocks worth of Zcash :P [2016-10-28 23:33:28] rapidtrades : how long is one block [2016-10-28 23:34:04] Greg_Colbourn : 10 min [2016-10-28 23:34:23] Greg_Colbourn : in 1 month there will be 50ZEC released every 10 min [2016-10-28 23:34:30] rapidtrades : how many ZECs per block now [2016-10-28 23:34:42] TwinnerD : https://explorer.zcha.in [2016-10-28 23:34:43] Greg_Colbourn : about 1 [2016-10-28 23:34:47] rapidtrades : nice [2016-10-28 23:34:52] TwinnerD : No [2016-10-28 23:34:52] rapidtrades : im so safe [2016-10-28 23:35:02] TwinnerD : 0.39 and about 3.5 minutes [2016-10-28 23:35:11] rapidtrades : same thing jew [2016-10-28 23:36:27] rapidtrades : back above 30 on polo....let's see how far this will go [2016-10-28 23:37:55] l4ndm1n3 : a stupid question, what is polo !? [2016-10-28 23:38:03] Greg_Colbourn : Poloniex [2016-10-28 23:38:08] sleger : l4ndm1n3: a tshirt with a colllar [2016-10-28 23:38:15] l4ndm1n3 : ::) [2016-10-28 23:38:16] justinlooking : mint wiht a hole [2016-10-28 23:39:04] rapidtrades : great 36% spread [2016-10-28 23:41:27] null : how about now [2016-10-28 23:41:56] Greg_Colbourn : Marketcap already $2m, so zcash mined so far is worth about 10x what the bitcoin that has been mined in the same time period is worth [2016-10-28 23:42:28] rapidtrades : Greg, don't be a Negative Nancy [2016-10-28 23:42:32] rapidtrades : noone likes her [2016-10-28 23:42:53] Greg_Colbourn : Negative? Surely that's very positive for zcash? [2016-10-28 23:43:23] Greg_Colbourn : Or should I say.. positive for a z-crash ;-) [2016-10-28 23:43:45] rapidtrades : more supply seems to be coming in [2016-10-28 23:43:57] Tetsuo : zcash needs increased leverage to make it more attractive for shorters [2016-10-28 23:44:09] rapidtrades : Tetsuo: are u retarded? [2016-10-28 23:44:25] rapidtrades : almost all longs got ADLed today with current lev [2016-10-28 23:44:46] Greg_Colbourn : Tetsuo: it's risky enough on 1x with this volatility! Any more than 2x and 1 trade the otherway could liquidate! [2016-10-28 23:45:18] Tetsuo : but whats in it for shorters, , max . lousy 200% [2016-10-28 23:45:21] rapidtrades : Tetsuo likes to drink on the weekends [2016-10-28 23:45:41] Greg_Colbourn : Tetsuo: 200% of 3BTC isn't too shabby [2016-10-28 23:46:12] mike23aa : is ZEC sold for 25btc on poliniex? is that real? [2016-10-28 23:46:22] rapidtrades : 23.6 now [2016-10-28 23:46:26] Tetsuo : it was 2500 earlier [2016-10-28 23:46:32] rapidtrades : :) [2016-10-28 23:46:39] rapidtrades : 2600 actually [2016-10-28 23:46:43] mike23aa : wow [2016-10-28 23:46:46] Greg_Colbourn : mike23aa: look how low the supply is. 3200 was max [2016-10-28 23:47:16] mike23aa : why buy at that price? [2016-10-28 23:47:21] mike23aa : it will drop soon [2016-10-28 23:47:32] rapidtrades : if everyone says it will drop... [2016-10-28 23:47:39] rapidtrades : finish the sentence [2016-10-28 23:47:49] TwinnerD : tim_olson14m We are very busy at the moment. Zcash dev team threw a curveball with some late changes and we're patching things up. We will pay out ASAP but it won't be today. [2016-10-28 23:47:52] Greg_Colbourn : mike23aa: playing the volatility? Expecting a bigger idiot to take it off your hands :) [2016-10-28 23:47:54] TwinnerD : biggest mining service [2016-10-28 23:48:08] Tetsuo : TwinnerD: this sounds really bad [2016-10-28 23:48:16] rapidtrades : ahahaha sounds great if long [2016-10-28 23:48:28] Tetsuo : oh god, rumours about the bugs are now confirmed [2016-10-28 23:48:39] mike23aa : some else is mining it with genesismining? [2016-10-28 23:48:45] Greg_Colbourn : Tetsuo: really? So why hasn't everyone dumped yet [2016-10-28 23:48:51] rapidtrades : yeah the midget @mike23aa [2016-10-28 23:49:24] Tetsuo : Greg_Colbourn: y do u ask for logic, it is not active in zcash world [2016-10-28 23:49:43] Greg_Colbourn : Tetsuo: lol you're right there [2016-10-28 23:50:45] TwinnerD : if it hits 4.478 I am liqidated for 10 contracts :O [2016-10-28 23:52:01] Tetsuo : fyl? [2016-10-28 23:52:14] TwinnerD : still hopeful! [2016-10-28 23:52:15] martinium : TwinnerD: thats dangerous [2016-10-28 23:52:19] martinium : this will still pump [2016-10-28 23:52:21] Greg_Colbourn : TwinnerD: time to throw more money into shorts? [2016-10-28 23:52:22] negamax : TwinnerD: every [2016-10-28 23:52:42] negamax : TwinnerD: every new block is taking out 20+ btc.. [2016-10-28 23:53:06] Tetsuo : TwinnerD: u have my moral support at least, if that means something to u : - ) [2016-10-28 23:53:11] negamax : TwinnerD: don't think price will sustain [2016-10-28 23:53:31] rapidtrades : negamax: it's not taking out 20 btc...cos ppl are not selling [2016-10-28 23:53:40] rapidtrades : why would u sell the one true great coin [2016-10-28 23:54:14] negamax : rapidtrades: good point ;) [2016-10-28 23:54:41] Tetsuo : famous last words [2016-10-28 23:55:47] Greg_Colbourn : No one is trading. Someone dump into that 2.66 wall already.. (I mean, $600m marketcap on Dec 30th, really!?) [2016-10-28 23:55:59] TwinnerD : https://explorer.zcha.in/accounts/t3Vz22vK5z2LcKEdg16Yv4FFneEL1zg9ojd [2016-10-28 23:56:05] TwinnerD : someone is mining 80% of blocks now [2016-10-28 23:56:20] rapidtrades : don't be jelly twinner [2016-10-28 23:56:21] Tetsuo : it looks pretty bad [2016-10-28 23:56:26] wurstgelee : TwinnerD: a pool likely [2016-10-28 23:56:40] rapidtrades : no, its his whore mother [2016-10-28 23:57:06] TwinnerD : can you block/mute retards in this chat? [2016-10-28 23:57:21] negamax : TwinnerD: yes, just don't respond to them! [2016-10-28 23:57:34] Tetsuo : new lows soon on polo [2016-10-28 23:57:41] wurstgelee : TwinnerD: no, u have to embrace and feed them here [2016-10-28 23:57:55] wurstgelee : at least rapidtrades, he is our mascot ;) [2016-10-28 23:59:35] TwinnerD : I am just trolling btw [2016-10-29 00:00:01] wurstgelee : me 2 [2016-10-29 00:00:26] TwinnerD : that account is literally the genesis account. anyone betting thousands of USD on that coin should know [2016-10-29 00:01:09] wurstgelee : TwinnerD: if it is a pool [2016-10-29 00:01:12] wurstgelee : a public one [2016-10-29 00:01:22] TwinnerD : read the msg abovr [2016-10-29 00:01:31] wurstgelee : this would be no problem regarding distrbution but attack potential [2016-10-29 00:01:35] wurstgelee : sec [2016-10-29 00:01:37] Smartass : When one gets liquidated when you get the rest of your maintainenance margin [2016-10-29 00:01:48] Smartass : ???? [2016-10-29 00:01:57] wurstgelee : Smartass: never [2016-10-29 00:02:10] wurstgelee : if u get liquidated, your maintenance margin is gone [2016-10-29 00:02:17] Smartass : wurstgelee: WTF????? [2016-10-29 00:02:20] wurstgelee : that determines your liquidation price [2016-10-29 00:02:25] wurstgelee : thats how it works [2016-10-29 00:02:51] Smartass : but one can see in the list of trades that the price was just a little over the liquidation price [2016-10-29 00:02:55] wurstgelee : you get liquidated once your margin is 0 [2016-10-29 00:02:59] wurstgelee : check your emails [2016-10-29 00:02:59] TwinnerD : but you get a REKT entry. so you got that going for you which is nice [2016-10-29 00:03:13] wurstgelee : you get detailed explanation per email [2016-10-29 00:03:19] wurstgelee : with liquidation price, mark price etc [2016-10-29 00:03:19] Tetsuo : well at least i´m quite sure now, that people will accept 5-10k BTC/USD as a price without even asking [2016-10-29 00:03:28] Smartass : so 2 contracts *25%= almost 50% should be left.. [2016-10-29 00:03:28] wurstgelee : Tetsuo: yes [2016-10-29 00:03:35] wurstgelee : haha, same thought an hour ago [2016-10-29 00:03:47] wurstgelee : people have absolutely no problem paying 5k per coin [2016-10-29 00:03:49] wurstgelee : or 10k [2016-10-29 00:03:50] Smartass : wurstgelee: i have but they calculate wrongly with bankcruptsy price [2016-10-29 00:04:00] Smartass : which was never reached [2016-10-29 00:04:11] wurstgelee : Smartass: i doubt that but better ask the admins [2016-10-29 00:04:28] wurstgelee : sam or wally maybe [2016-10-29 00:05:14] cenkzu : wurstgelee: did you make a small fortune on zcash so far? [2016-10-29 00:05:37] wurstgelee : cenkzu: i am good. best in result in crypto today [2016-10-29 00:05:43] wurstgelee : ever [2016-10-29 00:05:47] wurstgelee : *per day ;) [2016-10-29 00:05:50] Smartass : @wurstgelee you never saw this? they calculate with bankruptcy price which is a theoretical number not an actaul price which was reached [2016-10-29 00:05:53] cenkzu : hehe nice for you [2016-10-29 00:05:58] wurstgelee : yep :) [2016-10-29 00:06:17] cenkzu : my second worst day in crypto [2016-10-29 00:06:22] cenkzu : well 3rd :D [2016-10-29 00:06:31] wurstgelee : cenkzu: so u shorted? :| [2016-10-29 00:06:39] rapidtrades : cenkzu: what were 1 and 2? [2016-10-29 00:06:51] TwinnerD : after today I will invest 50 BTC into KMD, the first zcash fork [2016-10-29 00:06:52] wurstgelee : rapidtrades: gox & mintpal? [2016-10-29 00:06:54] wurstgelee : maybe [2016-10-29 00:06:57] cenkzu : yeah i shorted at 3.6btc [2016-10-29 00:07:02] cenkzu : and got MC at 9 [2016-10-29 00:07:09] wurstgelee : ouch [2016-10-29 00:07:19] cenkzu : nah worst i wont tell what happened, :D [2016-10-29 00:07:24] wurstgelee : fatfinger? [2016-10-29 00:07:26] cenkzu : second worst i lost 6.5k [2016-10-29 00:07:28] wurstgelee : that was my worst [2016-10-29 00:07:29] wurstgelee : :D [2016-10-29 00:07:41] wurstgelee : 6 btc fatfinger or something [2016-10-29 00:07:43] wurstgelee : instarekt [2016-10-29 00:07:44] Smartass : 2.5 K today for me [2016-10-29 00:07:44] cenkzu : where did you fat finger? [2016-10-29 00:07:50] wurstgelee : worst day because fucking dumb [2016-10-29 00:07:59] wurstgelee : cenkzu: here. [2016-10-29 00:08:03] wurstgelee : 1 year ago [2016-10-29 00:08:08] wurstgelee : when btc dumped after the pump [2016-10-29 00:08:10] wurstgelee : early november [2016-10-29 00:08:12] cenkzu : I c [2016-10-29 00:08:28] wurstgelee : bought 50000 at the beginning of the dump.... [2016-10-29 00:08:33] wurstgelee : i wanted to short... [2016-10-29 00:08:49] cenkzu : hehe [2016-10-29 00:09:02] wurstgelee : it went so fucking fast,, once i hit 100x to cause liqudation i was down 6 btc [2016-10-29 00:09:05] wurstgelee : 2 secs ;) [2016-10-29 00:09:06] cenkzu : i shorted today, but a bit too fast haha [2016-10-29 00:09:30] rapidtrades : why do u ppl keep putting asks below 10 [2016-10-29 00:09:33] rapidtrades : so retarded [2016-10-29 00:09:41] wurstgelee : i wouldnt have shorted this at any point tho tbh [2016-10-29 00:10:05] wurstgelee : never seen such thing in crypto [2016-10-29 00:10:07] MrRGnome : I shorted at 10 and nearly pooped as I saw my entire balance flash before my eyes [2016-10-29 00:10:18] MrRGnome : I was happy to get out at 6. [2016-10-29 00:10:36] wurstgelee : i was telling stories about 2 btc per coin two days ago here. almost no beliveres....and now that [2016-10-29 00:10:48] cenkzu : it was not very smart decision to short at that moment and not actually take a look on whats going on [2016-10-29 00:10:48] migz : When you get liquidated, you'll get nothing at return. If you sell at your liquidation price, you get 50% [2016-10-29 00:11:03] MrRGnome : I was telling stories of 5, and when i wanted to be hyperbolic 10. Never thought I'd see 1000 [2016-10-29 00:11:19] wurstgelee : migz: depends on leverage tho [2016-10-29 00:11:27] wurstgelee : the percentage [2016-10-29 00:11:47] wurstgelee : MrRGnome: yeah, same stories......good times [2016-10-29 00:11:50] wurstgelee : (48h ago) [2016-10-29 00:11:52] wurstgelee : ;) [2016-10-29 00:12:04] rapidtrades : 7 ZECs on asks now [2016-10-29 00:12:06] rapidtrades : polo [2016-10-29 00:12:09] wurstgelee : ath was 3300 actually [2016-10-29 00:12:29] Tetsuo : when will ATH be broken? [2016-10-29 00:12:35] Tetsuo : rapid? [2016-10-29 00:12:43] MrRGnome : I don't know that we'l ever see a 3300 btc coin again [2016-10-29 00:12:49] migz : ATH is never broken. [2016-10-29 00:12:50] MrRGnome : once in a lifetime folks [2016-10-29 00:13:09] rapidtrades : are u sure? [2016-10-29 00:13:12] rapidtrades : check out 42 [2016-10-29 00:13:12] migz : it can be hyped to 100 later in 8hours. [2016-10-29 00:13:12] Wings : orchestrated short squeeze guys [2016-10-29 00:13:16] MrRGnome : I'm not sure of anything anymore [2016-10-29 00:13:25] Wings : this will drop [2016-10-29 00:13:41] Wings : but youll need a whole lotta btc to push it there [2016-10-29 00:14:01] Wings : the price is bs [2016-10-29 00:14:06] MrRGnome : It will go whichever direction it's manipulated to go. [2016-10-29 00:14:17] MrRGnome : likely every direction as they make money on margin calls of every kind [2016-10-29 00:14:27] Wings : exactly... what can you expect with such a small fraction of supply liquid? [2016-10-29 00:14:30] Smartass : migz: but thats not stealing the rest of the money. Usually liquidation takes over liquidates and you get the rest. Not here? [2016-10-29 00:15:08] migz : Smartass: you will never get the rest. i got liquidated more than 10x for the last 8months here. haha [2016-10-29 00:15:36] TwinnerD : @smartass read this: https://www.bitmex.com/app/insuranceFund [2016-10-29 00:15:40] TwinnerD : your BTC are there [2016-10-29 00:15:41] migz : better set that stoploss so you can have atleast 50% return. [2016-10-29 00:16:07] Smartass : migz: sh*** thats harsh methods usually you get a *real* liquidation price and rest [2016-10-29 00:16:53] Wings : lol insurance fund currently at highest levels [2016-10-29 00:16:59] Wings : hmmm... hint hint [2016-10-29 00:17:12] Smartass : TwinnerD: Ja i just thought this this second. Thats the money they use for this insurance... [2016-10-29 00:17:21] migz : Smartass: example. liquidation eth price is 0.16, they wont sell it at 0.16, they'll sell it at 0.15. You will not get the rest. lmao [2016-10-29 00:17:31] MrRGnome : It's almost assuredly wiped out on zcash since people are getting adl'ed. insurance is instrument specific [2016-10-29 00:17:38] Greg_Colbourn : So 2x the supply tomorrow, 3x the supply day after.. up to 34x the supply on day 34. Price is going 1 way only.. [2016-10-29 00:17:43] MrRGnome : and I know XBTUSD also wiped out its insurance fund about a week ago [2016-10-29 00:18:18] migz : Greg_Colbourn: pump before day 34. haha [2016-10-29 00:18:31] Greg_Colbourn : yeah, pump from 0.1 to 0.2BTC ;-) [2016-10-29 00:18:59] Wings : rationally it should have been a short... but the bulls had an advantage and a higher bankroll [2016-10-29 00:19:14] Wings : with the cap, now is time to short them to oblivion [2016-10-29 00:19:34] QuantFocus : yea, until bitmex changes it up on you [2016-10-29 00:20:22] Wings : true, but i imagine they wont want to go down that route... being unregulated and all.. [2016-10-29 00:20:33] QuantFocus : i wouldn't be too sure [2016-10-29 00:20:39] Wings : this kind of stuff is illegal on conventional exchanges [2016-10-29 00:20:45] Greg_Colbourn : Wings: wish I got to short above 8 where it was completely safe (i.e. liquidation price above 10). Missed it by minutes! Still risky now, but did it anyway [2016-10-29 00:21:02] rapidtrades : Greg_Colbourn: u shorted? [2016-10-29 00:21:09] TwinnerD : its still a good short at 3.5+ [2016-10-29 00:21:30] Greg_Colbourn : rapidtrades: a while ago, thought you were here when I said [2016-10-29 00:21:37] migz : You'll never know. [2016-10-29 00:21:38] HjP : Greg_Colbourn, why is liquidation price above 10 completely sfe? [2016-10-29 00:21:52] TwinnerD : because of TRUMP [2016-10-29 00:21:55] migz : It seems 17-18 is floor. [2016-10-29 00:21:57] Wings : its not completely safe but its an edge [2016-10-29 00:21:58] TwinnerD : he built a wall [2016-10-29 00:22:01] Greg_Colbourn : Because 10 is max price set by Bitmex - it crashed into it for about 30 mins and people didn't realise! [2016-10-29 00:22:05] rapidtrades : TRUMP 2016 [2016-10-29 00:22:16] rapidtrades : trump will make ZEC legal tender [2016-10-29 00:22:21] rapidtrades : FACT [2016-10-29 00:22:35] TwinnerD : rapidtrades has brain damage [2016-10-29 00:22:36] TwinnerD : FACT [2016-10-29 00:22:42] coinrun : FACT [2016-10-29 00:22:42] null : ok boys, to the moon [2016-10-29 00:22:45] Wings : i mean anything close to 10 is a clear sell [2016-10-29 00:22:49] rapidtrades : CHOO CHOO [2016-10-29 00:22:54] Wings : then if they lift it stop oit [2016-10-29 00:22:55] rapidtrades : moon time bitches [2016-10-29 00:23:09] Greg_Colbourn : rapidtrades: short trump at 4 to 1 to be president is not a bad idea either ;-) [2016-10-29 00:23:10] HjP : Greg_Colbourne, is this limite documented anywhere? How long is it in place? [2016-10-29 00:23:25] Wings : forget about trump, look at what came out about hilary today - disgusting [2016-10-29 00:23:26] rapidtrades : its a bug [2016-10-29 00:23:45] Greg_Colbourn : HjP: look at announcements (megaphone icon above) [2016-10-29 00:23:59] MrRGnome : It was an undocumented part of the contract code said sam [2016-10-29 00:24:00] Greg_Colbourn : HjP: doubt it's going to go anywhere near 10 again though [2016-10-29 00:24:02] MrRGnome : he didn't call it a bug [2016-10-29 00:24:18] MrRGnome : either way it's a fuck up [2016-10-29 00:24:33] HjP : thanks [2016-10-29 00:24:42] Tetsuo : if hillary gets president btc ---> moon, if trump gets elected btc--->oort cloud [2016-10-29 00:25:21] Greg_Colbourn : Tetsuo: Oort cloud. Nice, not heard that mentioned as a crypto referrence before [2016-10-29 00:25:29] Wings : not true tetsuo [2016-10-29 00:25:40] Wings : hilary is on the side of global financiers [2016-10-29 00:25:54] Wings : printing money, increasing the supply [2016-10-29 00:25:56] TwinnerD : why do I have 4 bars when shorting? comeone longs... cashin some more [2016-10-29 00:26:02] Greg_Colbourn : see half of 3.5 buy wall got pulled! [2016-10-29 00:26:13] Wings : wheras trump is about nationalism - with some shit policies, but at least hes against the bankers [2016-10-29 00:26:35] TwinnerD : Wings: are you being sarcastic? [2016-10-29 00:26:37] Greg_Colbourn : TwinnerD: think it's just low volume. I'm on 5 bars now, even though I'm back in profit [2016-10-29 00:26:39] rapidtrades : are u ppl still selling 85% below market? [2016-10-29 00:26:47] rapidtrades : jesus this place needs an IQ test [2016-10-29 00:26:59] Tetsuo : rapidtrades: are u still buying an alt @ 3 [2016-10-29 00:27:03] TwinnerD : Greg_Colbourn: thats not related to your profit, its your counterparty that determines that [2016-10-29 00:27:04] coinrun : So did sam announce he's removing the cap yet? [2016-10-29 00:27:12] Wings : @twinnerd i am indeed [2016-10-29 00:27:21] TwinnerD : Wings: )) [2016-10-29 00:27:29] Greg_Colbourn : rapidtrades: yeah, because the market price with 0.03% of the Dec 30th supply is accurate [2016-10-29 00:27:40] Wings : if hilary is elected money will be printed and btc will explode [2016-10-29 00:27:50] coinrun : Greg_Colbourn: Truth [2016-10-29 00:28:04] migz : when the gap tightens, we'll see 10zcash here? :P [2016-10-29 00:28:45] Wings : guys come on this market is bs we have open interest of 75 contracts [2016-10-29 00:29:11] TwinnerD : yeah and I hold 20 % of that [2016-10-29 00:29:28] Greg_Colbourn : migz: no, as soon as the mining rewards are released from the pools, it'll crash [2016-10-29 00:29:29] Tetsuo : mega whale!! [2016-10-29 00:29:31] Wings : yummy yummy [2016-10-29 00:30:16] Greg_Colbourn : what whale? [2016-10-29 00:30:18] Wings : get out! the peasants are realising the implication of the pump [2016-10-29 00:30:50] zexder : Hello, I'm not sure if this channel is for bitmex noobs questions, but anyway, any support is over here? [2016-10-29 00:31:42] Tetsuo : no [2016-10-29 00:31:50] Tetsuo : try support box [2016-10-29 00:33:22] j8 : it used to be for noob questions, now it's for pumping ZEC [2016-10-29 00:34:19] zexder : if I want to sell zec futures lets say at 3.5 why it says my liq price is 3? 3 is less th 3.5 [2016-10-29 00:34:27] zexder : anyone could explain? [2016-10-29 00:34:47] Wings : the highest probability sell is as close to 10 btc as possible [2016-10-29 00:34:49] TwinnerD : use "cross" leverage [2016-10-29 00:35:01] Greg_Colbourn : zexder: are you on cross? Switch to 1x [2016-10-29 00:35:28] zexder : damn. Lost that possblt to sell at 4.2 im first day here thanks Greg [2016-10-29 00:35:53] Greg_Colbourn : zexder: I missed shorting at 10 by 3 mins :-( [2016-10-29 00:36:55] Wings : is this the first time bitmex have capped a market? [2016-10-29 00:37:23] TwinnerD : the cap always have existed [2016-10-29 00:37:34] TwinnerD : no market has ever reached it even close [2016-10-29 00:37:58] Wings : that sets a precedent [2016-10-29 00:38:01] TwinnerD : go to the ETH/BTC price and try to enter price of 11 [2016-10-29 00:38:32] Wings : futures markets need these restrictions [2016-10-29 00:38:44] Wings : or else theyre completely manipulated [2016-10-29 00:39:07] Wings : so its commendable it was enforced [2016-10-29 00:43:03] Arifitubijak : Helooo [2016-10-29 00:44:06] TwinnerD : really looked like a REKT sell [2016-10-29 00:47:18] REKT : Liquidated short on `XBTUSD`: Buy 4300 @ 687.37 [2016-10-29 00:47:33] rapidtrades : 146 btc above 10 [2016-10-29 00:47:52] rapidtrades : say ur prayers shorters [2016-10-29 00:48:38] TwinnerD : you will be so sad tomorrow when futures fall below 1 [2016-10-29 00:48:43] TwinnerD : that you didn't take profits [2016-10-29 00:49:19] Smartass : Was just slightly over liquidatin price looked pretty algrithmic.. [2016-10-29 00:50:07] Greg_Colbourn : Double digits of ZEC on Polo order books. Going down.. [2016-10-29 00:50:36] MrRGnome : yay! Only 2 more digits to go! [2016-10-29 00:50:52] TwinnerD : 3 ditigs inflation for a few days [2016-10-29 00:50:56] TwinnerD : digits* [2016-10-29 00:51:15] TwinnerD : how do you think the noobs feel that got suckered into buying at 3200 btc? :D [2016-10-29 00:51:40] Smartass : probably even worse than me ;) [2016-10-29 00:54:45] l3f : who the fuck is buying the spot price for ZEC [2016-10-29 00:55:06] l3f : They brave souls buying ZEC right now [2016-10-29 00:55:35] Greg_Colbourn : fuck [2016-10-29 00:55:46] Greg_Colbourn : ha, just thought I'd test that :-) [2016-10-29 00:56:29] Greg_Colbourn : l3f: they must be hoping for bigger fools to gently caress it higher [2016-10-29 00:56:50] Greg_Colbourn : Think the tide is turning though, and soon sellers are going to rush to the exit [2016-10-29 00:57:34] l3f : Greg_Colbourn: there is way more liquidity in the futures market right now [2016-10-29 00:57:58] l3f : I think the spot price will soon to follow as well [2016-10-29 00:58:44] Greg_Colbourn : l3f: yeah, but still hardly any liquidity here. Might take a day or 2 though (pool mining rewards are being held currently) [2016-10-29 01:05:39] Rado : I wish I can short at the Poloniex spot price here [2016-10-29 01:06:09] CaptainDean : that roof is party killer even if my wallet don't allow me to trade :P [2016-10-29 01:06:14] CaptainDean : is a** [2016-10-29 01:07:43] TwinnerD : yeah if there were 0.1 ZEC contracts that market would be much more liquid [2016-10-29 01:07:48] Greg_Colbourn : Rado: if that was possible, the Polo spot price would be the same as here (actually, probably much lower) [2016-10-29 01:08:36] l3f : I wonder if the pump to 10btc on ZEC destroyed has liquidated any short sellers. [2016-10-29 01:08:51] l3f : what a painful way to go [2016-10-29 01:09:14] Greg_Colbourn : especially as it was such a temporary blip [2016-10-29 01:10:11] l3f : aye [2016-10-29 01:20:14] TwinnerD : deposits are reaching polo fast now [2016-10-29 01:20:26] TwinnerD : zec balance is climing steady there [2016-10-29 01:22:24] Greg_Colbourn : Phew, hoping I'm safe from liquidation now.. [2016-10-29 01:22:48] TwinnerD : if your liq price is below 10 you are not [2016-10-29 01:23:03] TwinnerD : someone with measly 100 BTC can liquidate you [2016-10-29 01:24:47] Smartass : Greg_Colbourn: thats how i felt 2 hours ago and then i got liquidated ( [2016-10-29 01:24:55] Greg_Colbourn : why haven't they already? [2016-10-29 01:25:09] Greg_Colbourn : why don't they keep doing it? [2016-10-29 01:25:37] TwinnerD : if they can get more people to short at around 2.5 mark, they will have much higher profit from those moves [2016-10-29 01:25:39] Tetsuo : they would need buy orders to sell into after that [2016-10-29 01:26:10] Greg_Colbourn : Smartass: was that before or after the 1000BTC+ Polo spike? [2016-10-29 01:26:16] Greg_Colbourn : Smartass: Oh, when it went to 4.8? [2016-10-29 01:26:18] REKT : Liquidated short on `XBTUSD`: Buy 3500 @ 688.05 [2016-10-29 01:26:19] TwinnerD : if you manipulate you don't actually want to buy up most of the high asks, just trigger he short squeeze [2016-10-29 01:26:38] Greg_Colbourn : Smartass: that was a close call for me! [2016-10-29 01:27:21] Greg_Colbourn : TwinnerD: surely that requires getting others to jump on bandwagon. Seeing as Polo pump is over, that seems unlikely now [2016-10-29 01:27:36] TwinnerD : it actually doesn't [2016-10-29 01:27:52] TwinnerD : if there is substantial short at 2.5 level, its an easy cascade [2016-10-29 01:28:03] TwinnerD : but right now there isn't so the point is moot [2016-10-29 01:28:19] TwinnerD : but this was in regards to the question why they don't do it right now [2016-10-29 01:29:08] TwinnerD : if you want to see a cool manipulation checkout XBT/USD bitmex market on 26th oct [2016-10-29 01:29:45] l3f : TwinnerD: what's that about? [2016-10-29 01:29:46] Greg_Colbourn : how do you now where the shorts are? [2016-10-29 01:30:00] Tetsuo : Greg_Colbourn: premium accounts are able to see that [2016-10-29 01:30:02] TwinnerD : you can actually track them with a bot [2016-10-29 01:30:23] TwinnerD : track when a trade happens and how the open interest changes with that trade [2016-10-29 01:30:35] Greg_Colbourn : Just from the recent trades [2016-10-29 01:30:38] Greg_Colbourn : right [2016-10-29 01:30:41] mjones : zec down to 15 [2016-10-29 01:30:45] Tetsuo : rapid, for your life [2016-10-29 01:30:50] Tetsuo : *run [2016-10-29 01:31:06] Tetsuo : 14 [2016-10-29 01:31:07] Greg_Colbourn : someone dump into the 2.66! [2016-10-29 01:31:50] Greg_Colbourn : Is that there to shore up some longs? [2016-10-29 01:31:58] Tetsuo : 13 [2016-10-29 01:32:13] Tetsuo : 12 [2016-10-29 01:32:17] TwinnerD : pretty much all ZEC deposits are instantly dumped [2016-10-29 01:34:52] REKT : Liquidated short on `FCTXBT`: Buy 200 @ 0.003388 [2016-10-29 01:35:24] Gr33d : lol [2016-10-29 01:35:35] rapidtrades : once again retards...the cap is 10...not 3 [2016-10-29 01:36:09] Tetsuo : in 8h the cap will be 1 [2016-10-29 01:36:20] rapidtrades : srs lack of IQ in this chat [2016-10-29 01:37:21] TwinnerD : atleast you are self aware [2016-10-29 01:37:29] Gr33d : Buuurn [2016-10-29 01:37:31] Greg_Colbourn : dude, cash out whilst you're still in profit [2016-10-29 01:37:47] rapidtrades : don't tell me what to do, GREG [2016-10-29 01:38:48] REKT : Liquidated short on `XBTUSD`: Buy 600 @ 688.23 [2016-10-29 01:38:56] Greg_Colbourn : Fine, hold all the way down.. [2016-10-29 01:39:21] rapidtrades : i'll hold until we match polo...whatever that may be [2016-10-29 01:39:33] Tetsuo : 12 [2016-10-29 01:39:59] Greg_Colbourn : Polo's coming down to meet us, and lead us down further [2016-10-29 01:40:25] TwinnerD : https://i.imgflip.com/1d63jj.jpg [2016-10-29 01:40:26] TwinnerD : lol [2016-10-29 01:40:49] Tetsuo : : - D [2016-10-29 01:41:33] Greg_Colbourn : Matching the 140ZEC supply price with the 300,000ZEC supply price isn't a great strategy [2016-10-29 01:41:34] rapidtrades : bitmex and their MM guys must be happy with this development [2016-10-29 01:42:13] TwinnerD : 24 btc to go for sub 10