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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-10-29 16:04:13] rapidtrades : BitMEX_Sam: are u sure u didn't hardcode a liquidation price [2016-10-29 16:04:23] zcasher7777 : orly: do you mean zec is a revolution in crypto? [2016-10-29 16:05:09] iefken : is there a way i can choose the price for buying or selling a zec contract? So that i dont need to be the order taker but the order maker? thanks [2016-10-29 16:05:22] Tetsuo : no [2016-10-29 16:05:22] jordy : but if the liqudation price stated in your email is 714.4, the balance should be 0.5% margin minus commission but now it is far less than that [2016-10-29 16:05:24] sim : can i trade my bitmex account through MT4? [2016-10-29 16:05:27] BitMEX_Wally : thiago: You are currently long XBTUSD so you need to sell to close your position [2016-10-29 16:05:29] chromaticcr1 : iefken: click the limit button [2016-10-29 16:05:29] jordy : please advice. [2016-10-29 16:06:03] iefken : chromaticcr1: the limit price is the price I'll be buying and selling the contract? [2016-10-29 16:06:15] chromaticcr1 : true @iefken [2016-10-29 16:06:29] thiago : many thanks [2016-10-29 16:06:34] BitMEX_Wally : thiago: I see you submitted a sell order to close, but the price you chose is quite high so the order has not been filled yet [2016-10-29 16:06:37] iefken : chromaticcr1: thanks!! :) have been trying to figure that out since yesterday :p [2016-10-29 16:07:08] BitMEX_Wally : thiago: You can click the Close Market button on the position [2016-10-29 16:07:46] kogroken : Was the sell to ~$300 edited out of the XBTZ16 chart? [2016-10-29 16:08:05] jordy : BitMEX_Wally: what is the real liquidation price ? [2016-10-29 16:08:12] BitMEX_Wally : kogroken: Yes I capped it out of the chart, it is still in the trade history [2016-10-29 16:08:17] Tetsuo : kogroken: we don´t talk about those things in here [2016-10-29 16:08:31] thiago : BitMEX_Wally: I did it. Thank you for helping :) [2016-10-29 16:08:39] kogroken : ok. It did indeed make the chart pretty hard to read, with the autoscaling [2016-10-29 16:08:41] sleger : kogroken: @Tetsuo this price was typo [2016-10-29 16:08:43] jordy : BitMEX_Wally: at least you should tell me at what price you liquidated my position instead of just giving out a bankruptcy price [2016-10-29 16:08:49] sleger : that's not the price we agreed to with rapid [2016-10-29 16:09:22] BitMEX_Sam : jordy: As I stated before, your liquidation price is in the email. The position is entirely lost when liquidated so the transaction to your wallet is as if it were at bankruptcy. [2016-10-29 16:09:24] Tetsuo : sleger: we would already be @ 10000$ if it wasn´t for guys like u [2016-10-29 16:09:46] BitMEX_Sam : Please see https://www.bitmex.com/app/liquidation#Liquidation-Process @jordy [2016-10-29 16:09:48] BitMEX_Wally : jordy: You position was taken over at the bankruptcy price, that is the price you exited at [2016-10-29 16:10:07] REKT : Liquidated short on `ETHXBT`: Buy 14 @ 0.01456 [2016-10-29 16:10:32] rapidtrades : can smone quote ZEC on kraken for me? their site is a mess [2016-10-29 16:10:47] Tetsuo : kraken is one of the worst [2016-10-29 16:11:22] Tetsuo : i registered 2 years ago, stopped trading after 1 day cuz bad interface [2016-10-29 16:11:32] sleger : rapidtrades: there you go "ZEC on kraken" [2016-10-29 16:11:35] rapidtrades : ok 7.5 [2016-10-29 16:11:55] jordy : well, bitmex takes up the position at bankruptcy price....that means bitmex is screwing people [2016-10-29 16:12:14] Boontjie : I need to invest in some ZEC, one gatrillion zillion dollas [2016-10-29 16:12:23] jordy : they don't buy back or sell back your position , they just screw you [2016-10-29 16:12:46] Boontjie : jordy: The ADL dude takes your position [2016-10-29 16:13:03] Tetsuo : jordy: they need to make money some how, they can´t pay their rent by sharing love [2016-10-29 16:13:21] Boontjie : Tetsuo: nice troll [2016-10-29 16:14:47] BitMEX_Wally : Any remaining maintenance margin after the position has been closed goes into the insurance fund to help prevent ADL [2016-10-29 16:14:58] BitMEX_Wally : https://www.bitmex.com/app/insuranceFund [2016-10-29 16:15:11] Tetsuo : insurance fund aka Bitmex private wallet [2016-10-29 16:15:37] Tetsuo : stop foolin everyone [2016-10-29 16:18:17] jordy : good name...why dont bitmex name it charity funds? [2016-10-29 16:21:47] numero : ahem, I would like to say that things got a little hyberbolic here. I was thinking maybe sleger and rapidtrades discuss the markets and other peoples positions through another communication channel. Based on some seeming inconsistencies in the troll chatter. I do not think they have extraordinary powers over all of cryptoland. [2016-10-29 16:22:21] Tetsuo : i´m drunk, and i´m goin hit 3 tabs of acid soon , things are going to get worse probably http://i63.tinypic.com/xelc20.jpg [2016-10-29 16:22:23] sleger : you're wrong [2016-10-29 16:23:27] sleger : absolut and prosecco, what you do, mix them ? [2016-10-29 16:23:41] sleger : numero: we're going to fix the price higher soon [2016-10-29 16:24:08] Tetsuo : sleger: nah, you crazy [2016-10-29 16:24:17] numero : i'm wrong? you mean you DO have extraodinary powers over cryptoland?! [2016-10-29 16:24:24] Tetsuo : hell yeah [2016-10-29 16:25:08] Tetsuo : prosecco is empty for an hour, switched caipiroska [2016-10-29 16:25:19] Tetsuo : *to [2016-10-29 16:25:40] sleger : numero: ofc [2016-10-29 16:26:02] MrRGnome : eth raped me so hard. Anyone have a tin can I can borrow to beg for change? [2016-10-29 16:26:23] Tetsuo : MrRGnome: damn, have u closed your long already? [2016-10-29 16:26:27] anonymous789 : MrRGnome: same [2016-10-29 16:26:30] MrRGnome : No, I'm still cost averaging in [2016-10-29 16:26:32] MrRGnome : but it's so bad [2016-10-29 16:26:46] MrRGnome : I've effectively sold all mt btc for eth at this point [2016-10-29 16:27:13] Gemz : BitMEX_Wally: i want to put a stop order above my buy price, when i press on 'stop limit' it asks me a limit price and a stop price, do i have to put a number for limit price? i only want to put a stop order [2016-10-29 16:27:20] anonymous789 : MrRGnome: eth has a better mid-term price gain potential imo [2016-10-29 16:27:32] BitMEX_Wally : Gemz: You can use a Stop Market order [2016-10-29 16:27:37] MrRGnome : Oh yeah if I wasn't already in up to my neck in shit I'd be diving in for more [2016-10-29 16:27:42] MrRGnome : as is I'm trying to carefully deleverage ont he bounces [2016-10-29 16:28:15] anonymous789 : MrRGnome: i have a feeling metropolis and serenity will come before people expect it and price will 'moon' [2016-10-29 16:28:25] MrRGnome : I hope you're right! [2016-10-29 16:28:33] MrRGnome : Before settlement on the futures that are charging me funding, please [2016-10-29 16:28:50] MrRGnome : (futures with funding is bullshit btw) [2016-10-29 16:28:56] anonymous789 : MrRGnome: although i doubt they'll moon as much as the ultimate moon of 3k+ btc for 1 zec lol [2016-10-29 16:28:57] Gemz : BitMEX_Wally: when i press sell after putting a stop market order it wont sell right now right? [2016-10-29 16:29:21] Gemz : it only puts the order i assume [2016-10-29 16:29:22] BitMEX_Wally : No, it will sell when the price drops below your stop price [2016-10-29 16:29:26] MrRGnome : anonymous789: That was amazing, wish I had held my zec short longer but before the 10btc prie wall information was clear it was a very risky short [2016-10-29 16:29:29] Gemz : thanks [2016-10-29 16:30:04] anonymous789 : yeah i got destroyed on that, my whole logic was "seriously who thinks this thing will be even parity with BTC?" lol [2016-10-29 16:30:07] anonymous789 : oh how wrong i was [2016-10-29 16:30:35] Gemz : BitMEX_Wally: it also asks me which price trigger i want, last price, mark price and index price, im not sure which one is used most in such case [2016-10-29 16:31:17] Gemz : guess last price is the most common used [2016-10-29 16:31:24] anonymous789 : that old saying comes to mind "the markets can stay irrational longer than you can stay solvent" [2016-10-29 16:32:06] BitMEX_Wally : Gemz: Yes, last price is the default [2016-10-29 16:34:16] Gemz : BitMEX_Wally: when i logged out will my open positions and stops stay unaffected? [2016-10-29 16:34:36] sleger : Gemz: all positions are closed upon logout [2016-10-29 16:34:40] sleger : for your own protection [2016-10-29 16:34:43] Rado : lol [2016-10-29 16:34:52] Rado : Gemz: no, don't worry [2016-10-29 16:35:03] Rado : that's why you need stops so you can sleep [2016-10-29 16:35:14] sleger : Rado: you suck [2016-10-29 16:35:28] sleger : killing all the fun [2016-10-29 16:35:34] Rado : sleger: sorry [2016-10-29 16:35:36] BitMEX_Wally : Gemz: Yes they are unaffected by log outs [2016-10-29 16:35:51] Rado : I will try to be more fun [2016-10-29 16:36:22] Gemz : ok thanks guys [2016-10-29 16:37:33] mattmex : hi [2016-10-29 16:39:26] Tetsuo : *tumbleweed [2016-10-29 16:45:23] AudibleScience : BitMEX_Wally: hey just fyi when you change the risk limit the margin doesn't change back until you play with the slider to make it update. [2016-10-29 16:48:02] BitMEX_Wally : AudibleScience: If you increase your risk limit it sometimes has to automatically reduce the leverage so that your maintMargin requirement is still less than your intialMargin requirement [2016-10-29 16:49:34] BitMEX_Wally : So if you are on 100x with XBTUSD and you adjust the risk limit from 200 XBT to 300 XBT it increases your maint margin to 1% so the leverage is adjusted from 100x to 66x [2016-10-29 16:49:53] BitMEX_Wally : If you then adjust your risk limit back from 300 to 200 XBT we do not increase your leverage as it would be unexpected [2016-10-29 16:50:01] javierstone : pirate party is ahead in iceland election [2016-10-29 16:50:32] j8 : i see the issue, when you lower your risk limit it doesn't remove the margin, but if you're on cross margin you don't see the button to add / remove margin so all you can do is fiddle with the leverage [2016-10-29 16:51:06] javierstone : that will be so huge for BTC to have teh first actively pro bitcoin government [2016-10-29 16:51:23] javierstone : polls close in 10 hours [2016-10-29 16:53:06] sleger : breaking news : russia is banning bitcoin http://www.coindesk.com/russian-ministry-finance-drafts-bill-banning-bitcoin/ this is very hot news just got out [2016-10-29 16:54:09] Rado : Published on August 5, 2014 at 12:50 BST [2016-10-29 16:54:37] sleger : Rado: didnt i tell you to stop killing the fun [2016-10-29 16:54:48] Rado : oh yeah [2016-10-29 16:56:02] numero : zec ded :( no one trusts these futures [2016-10-29 16:56:18] orly : omg russia is banning bitcoin! [2016-10-29 16:56:37] numero : hey! it worked! [2016-10-29 16:56:48] AudibleScience : sleger: you're such a troll lol [2016-10-29 17:01:56] javierstone : sleger lol [2016-10-29 17:02:08] laisee : sleger: bitcoin gets banned every monnth in Russia [2016-10-29 17:06:31] kryptopojken : do we have enough bottom shorters on zec to do what they longs did to me yesterday? [2016-10-29 17:07:44] chromaticcr1 : kryptopojken: most long are <1x, you can't liquidate them [2016-10-29 17:07:59] kryptopojken : no [2016-10-29 17:08:08] kryptopojken : i was shorting yesterday and got raped [2016-10-29 17:08:19] kryptopojken : so now that im long, and we have a ton of shorters around this area [2016-10-29 17:08:24] kryptopojken : kinda wanna return the favor [2016-10-29 17:09:06] AudibleScience : kryptopojken: revenge trading [2016-10-29 17:09:08] chromaticcr1 : place a market order to the moon [2016-10-29 17:09:29] kryptopojken : AudibleScience: yeah... [2016-10-29 17:13:21] AudibleScience : kryptopojken: loss aversion is natural, you just have to beat your instinct to become a better trader [2016-10-29 17:14:38] kryptopojken : yeah but that's not why im long [2016-10-29 17:14:42] kryptopojken : i think it can pump [2016-10-29 17:16:01] numero : how many times can a dead cat bounce? [2016-10-29 17:16:44] AudibleScience : kryptopojken: you could be right, but the asset is way waaay over priced. [2016-10-29 17:16:59] kryptopojken : not considering current market cap [2016-10-29 17:17:18] kryptopojken : 356 coins in circulation right now [2016-10-29 17:19:23] AudibleScience : lol I know right! This whole launch has been fascinating to watch unfolding! I would not be suprised to see Zcash lower than eth in a pretty short time. lol [2016-10-29 17:19:32] chromaticcr1 : supply -> 0.0003125*(BlockHeight)^2, BlockHeight<20k [2016-10-29 17:19:55] kryptopojken : https://explorer.zcha.in/ [2016-10-29 17:21:33] AudibleScience : hehe "Market Cap $NaN" [2016-10-29 17:22:42] kryptopojken : :) [2016-10-29 17:29:42] javierstone : 717 on coinbase [2016-10-29 17:30:37] javierstone : sup witit bears [2016-10-29 17:32:30] javierstone : this is just like last saturday [2016-10-29 17:36:24] javierstone : http://www.zerohedge.com/news/2016-10-29/bitcoin-soaring-over-10-one-week-chinese-buying-spree [2016-10-29 17:40:22] REKT : Liquidated long on `ZECZ16`: Sell 1 @ 0.996537 [2016-10-29 17:40:32] chromaticcr1 : lol [2016-10-29 17:40:45] chromaticcr1 : kryptopojken: r u okay [2016-10-29 17:40:48] kryptopojken : wow [2016-10-29 17:40:54] kryptopojken : yeah lol [2016-10-29 17:47:08] rapidtrades : what a f scam [2016-10-29 17:47:34] rapidtrades : letting MM run wild on ZEC liquidating ppl [2016-10-29 17:47:44] rapidtrades : criminal shit [2016-10-29 17:47:55] chromaticcr1 : *RapeIt*trades [2016-10-29 17:48:50] rapidtrades : guys we didn't think ZEC will tarde so high so.....let's just wait with that mark to market until prices are to our liking [2016-10-29 17:49:04] rapidtrades : this is the shadiest manipulation ive seen in crypto yet [2016-10-29 17:49:16] rapidtrades : at least bitfinex had the decency to stage a theft [2016-10-29 17:49:26] aili : so we have got a cap... so now we can go low, in order to liq. everybody... great idea) [2016-10-29 17:51:06] thomaskikansha : only 59 contracts to 0.1 [2016-10-29 17:51:07] REKT : Liquidated long on `XMR7D`: Sell 25 @ 0.006363 [2016-10-29 17:52:36] chromaticcr1 : would be fun, again, to see cascade of liquidations [2016-10-29 17:53:14] chromaticcr1 : #removeTheZeroCap [2016-10-29 17:54:07] kryptopojken : so theres a hidden ask on zec correct? [2016-10-29 17:54:20] kryptopojken : or is it a bid [2016-10-29 17:54:28] kryptopojken : im confused because there is an ask below 1 [2016-10-29 17:55:33] kryptopojken : ok yeah it was a bid [2016-10-29 18:01:06] BitMEX_Wally : Yeah there was a hidden bid [2016-10-29 18:04:53] REKT : Liquidated short on `XBTUSD`: Buy 1051 @ 713.48 [2016-10-29 18:06:05] thomaskikansha : zec dipping [2016-10-29 18:06:07] REKT : Liquidated short on `ETHXBT`: Buy 100 @ 0.01471 [2016-10-29 18:12:20] messiaen8844 : rapid: this ZEC stuff wil be fun [2016-10-29 18:12:22] REKT : Liquidated long on `ZECZ16`: Sell 6 @ 0.913750 [2016-10-29 18:12:34] REKT : Liquidated long on `ZECZ16`: Sell 1 @ 0.846750 [2016-10-29 18:12:34] REKT : Liquidated long on `ZECZ16`: Sell 3 @ 0.866250 [2016-10-29 18:12:34] REKT : Liquidated long on `ZECZ16`: Sell 48 @ 0.866313 [2016-10-29 18:12:53] rapidtrades : good job [2016-10-29 18:12:55] kryptopojken : holy shit [2016-10-29 18:12:59] thomaskikansha : ouch [2016-10-29 18:13:11] chromaticcr1 : what fun [2016-10-29 18:13:24] rapidtrades : fu*Cking scam [2016-10-29 18:13:29] messiaen8844 : isn't it fun? [2016-10-29 18:13:30] messiaen8844 : :D [2016-10-29 18:13:32] javierstone : why is bitmex price so much lower than other exchanges [2016-10-29 18:13:36] javierstone : for BTC [2016-10-29 18:13:56] Rado : javierstone: look at kaiko index [2016-10-29 18:14:01] Rado : which is used for marking it here [2016-10-29 18:14:09] BitMEX_Wally : https://www.kaiko.com/bitmex [2016-10-29 18:14:15] rapidtrades : whatever [2016-10-29 18:14:22] BitMEX_Wally : Index is at 712.68 and XBTUSD swap is trading at 711.53 [2016-10-29 18:14:31] rapidtrades : that index means nothing if u keep changing the rules [2016-10-29 18:14:32] Rado : rapidtrades: are you still long? [2016-10-29 18:14:55] rapidtrades : yes [2016-10-29 18:15:08] javierstone : index is at 713.39 [2016-10-29 18:15:19] Rado : rapidtrades: I mean ZEC [2016-10-29 18:15:28] martinium : BitMEX_Wally: are more exchanges going to be added? still only 2 [2016-10-29 18:15:36] rapidtrades : Rado: yes [2016-10-29 18:15:36] martinium : re index [2016-10-29 18:15:49] rapidtrades : we don't like indexing here very much [2016-10-29 18:15:55] javierstone : gotcha [2016-10-29 18:16:03] rapidtrades : prevents mm from running prices as they please [2016-10-29 18:16:13] javierstone : mm means? [2016-10-29 18:16:18] rapidtrades : market makers [2016-10-29 18:16:24] javierstone : gotcha [2016-10-29 18:16:26] javierstone : lerning [2016-10-29 18:16:28] messiaen8844 : any other exchanges for ZEC besides pOLO? [2016-10-29 18:16:33] rapidtrades : kraken [2016-10-29 18:16:39] Rado : Kraken and Bitfinex [2016-10-29 18:16:39] rapidtrades : btter maybe [2016-10-29 18:16:44] messiaen8844 : btime to add finex again [2016-10-29 18:16:45] NL007 : bittrex [2016-10-29 18:16:46] messiaen8844 : they have volume [2016-10-29 18:16:48] chromaticcr1 : ButtFinessed [2016-10-29 18:16:52] messiaen8844 : no reason to not put finex in the index again [2016-10-29 18:16:59] thomaskikansha : the futures is going to 0 [2016-10-29 18:17:06] rapidtrades : if they add finex not trading btc here [2016-10-29 18:17:48] REKT : Liquidated long on `ZECZ16`: Sell 1 @ 0.667500 [2016-10-29 18:17:58] chromaticcr1 : poppin hell [2016-10-29 18:18:21] chromaticcr1 : what a great tulip [2016-10-29 18:19:17] rapidtrades : nice work bitmex...i hope the $$$ u made with this scam was worth losing ur reputation [2016-10-29 18:19:31] mjones : damn. how are those shorts from 10 doing [2016-10-29 18:19:42] chromaticcr1 : ADL'd i guess [2016-10-29 18:19:48] mjones : ah true dat [2016-10-29 18:19:53] EA_FTW : Don't the mods ever ban people here? [2016-10-29 18:19:54] chromaticcr1 : ask the w guy [2016-10-29 18:20:05] Rado : EA_FTW: no [2016-10-29 18:20:05] QuantFocus : rapidtrades: oh they're killin the game [2016-10-29 18:20:41] mjones : i dont know what you guys expected with ZEC. with ADL and the lowest you can buy is 1. it was doomed to fail / screw over most people [2016-10-29 18:20:42] REKT : Liquidated long on `ZECZ16`: Sell 6 @ 0.556319 [2016-10-29 18:20:49] imabeast : shorts at 10 adl'd a while ago [2016-10-29 18:20:49] chromaticcr1 : wurstgelee m he took some [2016-10-29 18:20:51] EA_FTW : Rado: even BTC-e banned people, this is the trolliest trollbox :-) [2016-10-29 18:21:08] Rado : people here are usually very good [2016-10-29 18:21:15] Rado : don't mind rapidtrades [2016-10-29 18:21:23] Rado : he has a good hearth [2016-10-29 18:21:39] messiaen8844 : I like that there's no banhammer here [2016-10-29 18:21:44] messiaen8844 : cool trollbox [2016-10-29 18:21:45] imabeast : yea its nice [2016-10-29 18:21:52] imabeast : polo TB is garbage [2016-10-29 18:21:53] chromaticcr1 : we dont expect much decency when the name of chat room is called *trill box* [2016-10-29 18:21:55] imabeast : lmai [2016-10-29 18:22:11] EA_FTW : Rado: that much fudding of the exchange would've got a 1 day ban on Polo easy! [2016-10-29 18:22:36] Rado : well BitMEX guys are good [2016-10-29 18:22:43] Rado : and listen to their users [2016-10-29 18:22:48] numero : i thought zec would bounce off the .7 limit level [2016-10-29 18:22:54] Rado : even if some times the requests might be unresonable [2016-10-29 18:23:33] Rado : numero: there is a liquidation [2016-10-29 18:23:38] Rado : it's pushing the price down [2016-10-29 18:23:52] numero : Rado: aha [2016-10-29 18:24:08] Rado : still 24 more contracts to fill [2016-10-29 18:24:14] Rado : it was over 50 contracts [2016-10-29 18:24:25] lopol : wtf what if that 0.49 order is pulled then next price 0.8? [2016-10-29 18:24:28] lopol : Makes no sense [2016-10-29 18:24:34] chromaticcr1 : nope [2016-10-29 18:24:39] chromaticcr1 : no more next is 0.97 [2016-10-29 18:24:40] raver36 : hey, all [2016-10-29 18:24:42] chromaticcr1 : :P [2016-10-29 18:24:44] numero : Rado: i see, so where do you think this goes :) [2016-10-29 18:24:52] Rado : I have bids [2016-10-29 18:24:53] chromaticcr1 : how abt 0.9 [2016-10-29 18:25:12] Rado : damn it [2016-10-29 18:25:15] Rado : didn't fill [2016-10-29 18:25:17] Rado : :-) [2016-10-29 18:25:18] thomaskikansha : this is the bottom [2016-10-29 18:25:22] lopol : wtf is happenin [2016-10-29 18:25:37] lopol : makes no sense [2016-10-29 18:25:47] lopol : why would anyone want to bid so low? [2016-10-29 18:25:48] REKT : Liquidated short on `ZECZ16`: Buy 2 @ 0.695331 [2016-10-29 18:25:48] Rado : lopol: what doesn't? [2016-10-29 18:25:57] Rado : market moves depending on trades [2016-10-29 18:26:01] EA_FTW : were all those sells on ZEC from the 48 unit liquidation at 19:12? [2016-10-29 18:26:04] rapidtrades : it's a fake market...i wouldn't trade it unless ur already in [2016-10-29 18:26:05] chromaticcr1 : lol [2016-10-29 18:26:12] EA_FTW : even down to 0.49? [2016-10-29 18:26:30] Rado : if you bought at 0.49 I am sure you will not complain [2016-10-29 18:26:34] messiaen8844 : remember [2016-10-29 18:26:42] messiaen8844 : you can lose everything shorting [2016-10-29 18:26:47] Rado : it was there and someone took the opportunity [2016-10-29 18:26:47] messiaen8844 : but you have limited risk LONGING [2016-10-29 18:26:57] Rado : messiaen8844: exactly [2016-10-29 18:27:03] messiaen8844 : that's the play here [2016-10-29 18:27:04] Rado : 0.49 was a very good price to enter long [2016-10-29 18:27:07] rapidtrades : messiaen8844: not rly capmex has their back [2016-10-29 18:27:14] messiaen8844 : it will have to settoe [2016-10-29 18:27:27] rapidtrades : they'll keep pushing until we hit 0.1 or smth [2016-10-29 18:27:30] messiaen8844 : 2 months to wait.. limited risk, I'm in [2016-10-29 18:27:38] messiaen8844 : can hit 0, won't get liquitdated [2016-10-29 18:27:42] thomaskikansha : not much cost to push till 0.1 [2016-10-29 18:27:42] orly : messiaen8844: if you have enough collateral you can't lose shorting, eventually most coins approach 0 [2016-10-29 18:27:47] zcasher7777 : 0.633022 [2016-10-29 18:27:51] rapidtrades : there's no guarantee that they will ever mark to market [2016-10-29 18:27:57] rapidtrades : this is now a shady operation [2016-10-29 18:27:58] orly : but there's no upper limit of stupidity as ZEC has shown [2016-10-29 18:28:08] Rado : rapidtrades: stop [2016-10-29 18:28:13] rapidtrades : no [2016-10-29 18:28:13] chromaticcr1 : rapidtrades: as long as it settles to market [2016-10-29 18:28:15] chromaticcr1 : who cares [2016-10-29 18:28:31] lopol : why would anyone buy zec now? [2016-10-29 18:28:33] rapidtrades : yeah they'll make up an index for it on dec30 [2016-10-29 18:28:37] zanza : true orly [2016-10-29 18:28:50] numero : cover shorts [2016-10-29 18:28:52] rapidtrades : after liquidating and ADLing everyone [2016-10-29 18:29:21] numero : well that escalated quickly [2016-10-29 18:29:40] EA_FTW : rapidtrades: you know the rules, so why not play to them, rather than to some idealised rules you'd like them to have? [2016-10-29 18:29:58] rapidtrades : the rules were markingto market! [2016-10-29 18:29:58] zcasher7777 : can i understand what happen here in kraken its still valuated at 7.1 [2016-10-29 18:30:18] rapidtrades : the rule wasn't a cap at 10 to save their buddies [2016-10-29 18:30:25] EA_FTW : rapidtrades: given certain conditions, which haven't yet been met [2016-10-29 18:30:25] chromaticcr1 : u didnt go long @zcasher7777 [2016-10-29 18:30:25] rapidtrades : cap was nowhere mentioned [2016-10-29 18:30:32] chromaticcr1 : there is no support by you [2016-10-29 18:30:37] rapidtrades : EA_FTW: they made those up after the fact [2016-10-29 18:30:49] zcasher7777 : chromaticcr1: what [2016-10-29 18:30:50] rapidtrades : the plan was to mark to market after launch [2016-10-29 18:30:57] orly : zcasher7777: 5-7 is the real current market price (unreal as it seems), this is just a future in a broken market [2016-10-29 18:31:03] EA_FTW : rapidtrades: but everyone else was in the same boat. The smart ones saw the price stuck at 10 and shorted ;-) [2016-10-29 18:31:10] numero : zcasher7777: this is future price on Dec 30 [2016-10-29 18:31:13] messiaen8844 : it's simple [2016-10-29 18:31:14] imabeast : no the supply is still hella low [2016-10-29 18:31:18] rapidtrades : EA_FTW: whatever u say [2016-10-29 18:31:19] messiaen8844 : buy if you believe it will be greater on dec 30 [2016-10-29 18:31:21] messiaen8844 : short if you are mad [2016-10-29 18:31:44] chromaticcr1 : messiaen8844: lol [2016-10-29 18:31:45] zcasher7777 : orly: yeah mean actually we are 7 we can be a 0.67 in december thats just shorting insanity [2016-10-29 18:31:47] imabeast : @messiaen8844 lmao [2016-10-29 18:31:55] numero : zcasher7777: this is the most pure speculation i have ever seen xD [2016-10-29 18:31:59] rapidtrades : guess i wasn't smart enough to judge bitmex character [2016-10-29 18:32:00] chromaticcr1 : messiaen8844: youare kinda mad if you are goin glong here [2016-10-29 18:32:08] rapidtrades : now i know to expect everything [2016-10-29 18:32:10] zcasher7777 : yeah numero thats crazy [2016-10-29 18:32:22] imabeast : this shit is going to .05 when the supply comes running in [2016-10-29 18:32:24] messiaen8844 : chromaticcr1: penny stock, you put some money you can afford to lose 100% [2016-10-29 18:32:32] QuantFocus : i'm going to have to agree with @rapidtrades here... [2016-10-29 18:32:32] imabeast : less than 100 were mined yesterday [2016-10-29 18:32:33] imabeast : lo [2016-10-29 18:32:35] messiaen8844 : it's just assymetrical risk-reward [2016-10-29 18:32:41] orly : zcasher7777: but 7 is completely irrational, it's a new coin with very limited supply atm with a lot of hype [2016-10-29 18:32:49] QuantFocus : not sure bmex did it all intentionally, but there were some rule changes made that drastically impacted positions [2016-10-29 18:32:53] messiaen8844 : we don't have a clue on price, it's a bet [2016-10-29 18:32:54] EA_FTW : messiaen8844: still over 150m marketcap based on this price at Dec 30th. Could happen I guess [2016-10-29 18:32:55] orly : zcasher7777: 2 months is an eternity in crypto [2016-10-29 18:33:21] imabeast : hype is duying down too [2016-10-29 18:33:54] EA_FTW : what do people think is a realistic marketcap for ZEC by end of year? [2016-10-29 18:34:06] messiaen8844 : EA_FTW: it could go up, it could go down, as I've said it's highly assymetrical and much riskier to short [2016-10-29 18:34:08] Gr33d : 0USD [2016-10-29 18:34:35] EA_FTW : messiaen8844: I've done ok shorting so far, but think it's getting riskier now it's gone down so much [2016-10-29 18:34:53] chromaticcr1 : https://en.wikipedia.org/wiki/Cost_of_carry reason of low prices here [2016-10-29 18:34:55] messiaen8844 : well, yesterday there were arguments to short [2016-10-29 18:35:02] messiaen8844 : risky, but still ok [2016-10-29 18:35:18] Rado : messiaen8844: it was not risky [2016-10-29 18:35:29] Rado : once BitMEX said the cap will not be removed you could have shorted at 9 [2016-10-29 18:35:39] lopol : Is there information how many contracts are long and short? [2016-10-29 18:35:54] Rado : I didn't have the guts to rick 1/4 of my account, but it was an easy trade [2016-10-29 18:36:05] messiaen8844 : bitmex is wild west, they provide what traders want, crazy financial instruments [2016-10-29 18:36:11] messiaen8844 : can't argue on that :) [2016-10-29 18:36:12] Rado : lopol: all the contracts you see are long and short at the same time [2016-10-29 18:36:12] EA_FTW : Rado: shorting at 8 or above was risk free with cap (liq price above cap), but shorting lower there was still a risk of a whale squeezing shorts against all rational price analysis [2016-10-29 18:36:29] michiel_kaas : So one zcash costs around 450 dollars? [2016-10-29 18:36:35] orly : EA_FTW: i'm not sure about the market cap, but currently the coin is useless aside from speculation. look where xmr got with a similar value proposition and a lot of hype a few weeks ago, like, 0.02 btc? [2016-10-29 18:36:36] michiel_kaas : or something [2016-10-29 18:36:39] Rado : michiel_kaas: way more [2016-10-29 18:36:51] justinlooking : michiel_kaas: more like 5k [2016-10-29 18:36:51] rapidtrades : michiel_kaas: no 1 zcash costs 5k [2016-10-29 18:36:54] EA_FTW : Rado: just missed shorting the top by minutes, but still took the gamble shorting at around 3 [2016-10-29 18:37:02] michiel_kaas : How much do miners make right now xD [2016-10-29 18:37:05] michiel_kaas : holy shit [2016-10-29 18:37:11] lopol : Rado: I dont understand how it is possible, if I buy now 4 ZEC at 0,8 there is 4 longs and 0 shorts from my trade [2016-10-29 18:37:11] rapidtrades : a ton [2016-10-29 18:37:14] Rado : $4096 USD based on Poloniex price [2016-10-29 18:37:36] michiel_kaas : I wan't some xD [2016-10-29 18:37:45] messiaen8844 : lopol: you need a counterparty to trade [2016-10-29 18:37:46] Rado : lopol: there is no supply to buy from. You ate buying if someone is selling [2016-10-29 18:37:52] Rado : there is always two parties in a trade [2016-10-29 18:37:54] Tetsuo : damn zec manipulators, fukkin early adopters playin the market, thanks rapid, thanks sleger [2016-10-29 18:37:59] messiaen8844 : you are trading diferential contracts [2016-10-29 18:38:02] messiaen8844 : not zec itself [2016-10-29 18:38:41] rapidtrades : this market has no relation to ZEC right now....no ZEC is deposited or traded here and the price isn't tethered by ZEC index [2016-10-29 18:38:47] michiel_kaas : But wtf how much would I make with like 5 1080's [2016-10-29 18:38:57] Tetsuo : rapidtrades: when can i deposit zec in here? [2016-10-29 18:38:58] zanza : its basically just a gamble show [2016-10-29 18:39:01] michiel_kaas : or 5 titan x's [2016-10-29 18:39:19] Rado : zanza: hey, how are you [2016-10-29 18:39:21] rapidtrades : it's worse then a gamble cos the house is tilting the odds toward one way [2016-10-29 18:39:22] michiel_kaas : when I would mine right now [2016-10-29 18:39:33] Tetsuo : give us those zec deopist adresses@bitmex free the coin [2016-10-29 18:39:37] rapidtrades : it's borderline scam [2016-10-29 18:40:02] orly : rapidtrades: well, yet people choose to participate [2016-10-29 18:41:13] AudibleScience : rapidtrades: totally agree man! [2016-10-29 18:41:21] mjones : what's the latest news on zec? [2016-10-29 18:41:31] messiaen8844 : when does 1k ZEC volume will be reached? [2016-10-29 18:41:35] messiaen8844 : daily volume? [2016-10-29 18:41:47] orly : mjones: miners buying yachts is the latest I heard [2016-10-29 18:42:12] zanza : hi Rado [2016-10-29 18:43:39] michiel_kaas : Could you mine zcash on a laptop? [2016-10-29 18:43:49] michiel_kaas : With debian installed [2016-10-29 18:43:49] Rado : zanza: what's new? [2016-10-29 18:43:54] Rado : michiel_kaas: no [2016-10-29 18:43:58] imabeast : come on longs push this back up [2016-10-29 18:44:13] Rado : imabeast: push it down so I can get in [2016-10-29 18:44:16] michiel_kaas : Rado why not [2016-10-29 18:44:20] Rado : imabeast: did you get long on the dip? [2016-10-29 18:44:23] orly : michiel_kaas: technically, you could. it would take forever to get a coin though [2016-10-29 18:44:28] imabeast : i closed my shorts at .6 [2016-10-29 18:44:28] imabeast : haha [2016-10-29 18:44:31] imabeast : from 1.4 [2016-10-29 18:44:37] Rado : michiel_kaas: it's not powerful enough for you to mine [2016-10-29 18:44:45] Rado : imabeast: nice [2016-10-29 18:45:06] imabeast : want another short opportunity :) [2016-10-29 18:47:14] zcasher7777 : at 0.1 buy hhhh [2016-10-29 18:47:33] chromaticcr1 : back to 1k users. seems plenty of them are coming to look at the dumpfest here [2016-10-29 18:47:34] imabeast : what happens if they spot price it at 5btc lolol [2016-10-29 18:48:25] Rado : all shorts will get killed [2016-10-29 18:48:29] coinrun : keep dumping your ZECZ16 :) [2016-10-29 18:48:36] Rado : I would love if they spot it at Poloniex now [2016-10-29 18:48:38] Rado : so we can short [2016-10-29 18:48:42] numero : imabeast: huh, maybe that's why they don't have zec here? [2016-10-29 18:48:58] orly : Rado: yep, i'm waiting for a sensible non-broken market to short it too [2016-10-29 18:49:12] orly : Rado: kraken might get there faster at this rate though [2016-10-29 18:49:32] Rado : orly: Kraken doesn't have enough volume [2016-10-29 18:49:37] Rado : they will only use Poloniex [2016-10-29 18:49:50] Rado : but looks like it will not happen before the price there falls to 1 BTC [2016-10-29 18:49:55] Rado : in my opinion [2016-10-29 18:50:04] imabeast : yea def wont happen till then [2016-10-29 18:50:22] messiaen8844 : GDAX now has ETC [2016-10-29 18:50:57] lopol : what if some whale would buy 100 zec contracts and it would raise price significantly, wouldnt all those shorts get liquidated?? [2016-10-29 18:51:02] orly : Rado: kraken may pick up some volume from arbitrage following polo, hopefully [2016-10-29 18:51:23] Rado : orly: Polo volume will always be higher [2016-10-29 18:51:30] Rado : they have a lot of users [2016-10-29 18:52:52] orly : Rado: kraken already announced that they are going to introduce ZEC margin trading, they don't need to match polo volume for that, but they may be waiting for a somewhat higher volume [2016-10-29 18:53:12] orly : or the act of enabling margin trading may itself attract traders :) [2016-10-29 18:53:20] Rado : orly: oh I see what are you saying [2016-10-29 18:53:32] Rado : I was talking about BitMEX using an index for ZEC [2016-10-29 18:53:57] orly : ah, no, I've pretty much given up on bitmex for ZEC at this point :) [2016-10-29 18:54:16] Rado : 5.10 at Polo now [2016-10-29 18:55:06] mjones : zec under 5 [2016-10-29 18:55:36] Rado : yep [2016-10-29 18:55:42] Rado : see ya later all [2016-10-29 18:56:35] REKT : Liquidated short on `XBTUSD`: Buy 14069 @ 713.93 [2016-10-29 19:00:06] sLOVEnija : what is ZECZ16 ? is this ZEC ? [2016-10-29 19:00:29] thomaskikansha : no spot ZEC [2016-10-29 19:00:40] aili : ok, zec long liq. part two in 10 minutes) [2016-10-29 19:01:19] sLOVEnija : thomaskikansha: then can't buy here and then sold in Ploniex [2016-10-29 19:01:36] thomaskikansha : yes [2016-10-29 19:02:14] sLOVEnija : thomaskikansha: but here is price 0.6 on Polo is 5.2 [2016-10-29 19:03:48] hhhhh : aili: lets go long on ZEC in 7min [2016-10-29 19:04:25] miramm1115 : someone dumped XBTZ16 below 400??? [2016-10-29 19:04:34] kogroken : Yes [2016-10-29 19:04:37] kogroken : 300 something [2016-10-29 19:04:45] miramm1115 : yikes [2016-10-29 19:04:53] kogroken : Some but not all stoplosses were triggered [2016-10-29 19:05:00] kryptopojken : hhhhh: def less risky than shorting it here [2016-10-29 19:05:42] hhhhh : we should pump the price and then short the heck out of it here [2016-10-29 19:05:55] hhhhh : volume is tiny [2016-10-29 19:08:56] kryptopojken : do it if u have the cash :) [2016-10-29 19:11:43] REKT : Liquidated short on `XBTUSD`: Buy 52 @ 714.46 [2016-10-29 19:11:43] REKT : Liquidated short on `XBTZ16`: Buy 742 @ 754.05 [2016-10-29 19:12:47] javierstone : 7 dollar spread between index and coinbase [2016-10-29 19:12:49] javierstone : crazy [2016-10-29 19:22:46] shapeshifter : javierstone: should not they converge? [2016-10-29 19:23:48] javierstone : china is alseep maybe? [2016-10-29 19:24:05] javierstone : 50 points away from hitting 770 [2016-10-29 19:28:26] javierstone : 723 coinbase [2016-10-29 19:32:41] John : Hello [2016-10-29 19:32:50] John : I want ti buy ZEC [2016-10-29 19:33:20] John : who can help me ????????? [2016-10-29 19:34:01] kryptopojken : u have come to the right place [2016-10-29 19:34:02] kryptopojken : for futures [2016-10-29 19:34:14] kryptopojken : https://www.bitmex.com/app/trade/ZECZ16 [2016-10-29 19:35:40] John : What i have to do to by zec ?????? [2016-10-29 19:36:11] kryptopojken : lol [2016-10-29 19:36:39] John : kryptopojken: Do you have facebook or whatsapp to talk ??? [2016-10-29 19:36:52] kryptopojken : no [2016-10-29 19:36:54] javierstone : amazing [2016-10-29 19:37:05] John : kryptopojken: @javierstone Please tell me i want to buy [2016-10-29 19:37:21] QuantFocus : John: deposit btc, buy zec [2016-10-29 19:37:37] elfix : John: you want to buy real ZEC or Futures? [2016-10-29 19:37:41] Gr33d : QuantFocus: can ewe brake dat dwn 4 me? [2016-10-29 19:37:49] QuantFocus : Gr33d: lol [2016-10-29 19:37:57] John : QuantFocus: How much is the zec here ?? [2016-10-29 19:38:01] Gr33d : Heh [2016-10-29 19:38:07] Tetsuo : John: Go ALL in, it´s not going to stay cheap forever! [2016-10-29 19:38:13] QuantFocus : John: you're buying a futures contract settled in xbt/btc here [2016-10-29 19:39:02] QuantFocus : if you want to purchase zec tokens, you need to go to an exchange that has them listed (poloniex, kraken, bitfinex) [2016-10-29 19:39:30] Tetsuo : QuantFocus: <---- what he wanted to say is BYBYBUYUBUYUBYUYUBYUBUYUYBUY, , cheap coins won´t last forever buy here, sell @ polo for profit [2016-10-29 19:39:49] QuantFocus : ohya [2016-10-29 19:39:53] QuantFocus : that too [2016-10-29 19:40:08] QuantFocus : you should dump 50btc into it here and dump on polo [2016-10-29 19:40:20] Tetsuo : easy profit [2016-10-29 19:40:30] QuantFocus : totally [2016-10-29 19:40:36] QuantFocus : like taking money from the elderly [2016-10-29 19:40:53] elfix : does someone know if there is a protection against auto deleverage? [2016-10-29 19:41:05] k0d3 : oooh cheap zcash [2016-10-29 19:41:11] k0d3 : i'm going to buy all [2016-10-29 19:41:12] QuantFocus : stay lower in the deleverage queue? [2016-10-29 19:41:21] elfix : QuantFocus: yes [2016-10-29 19:41:30] elfix : QuantFocus: how? [2016-10-29 19:41:33] QuantFocus : that was more rhetorical [2016-10-29 19:41:41] QuantFocus : but just don't use as much leverage [2016-10-29 19:41:53] QuantFocus : and if you're the whale trading maybe trade less. monitor your position with the indicator [2016-10-29 19:41:55] John : So, is posible buy zec now and then send to poloniex and sell the zec in 5 btc ???? [2016-10-29 19:41:59] elfix : QuantFocus: i have just leverage 1 [2016-10-29 19:42:10] Tetsuo : i hope my deposit of 500BTC soon arrives, i´m goin to buy all the cheap ZEC in here [2016-10-29 19:42:21] QuantFocus : you guys are dicks [2016-10-29 19:42:37] Tetsuo : firt come first served [2016-10-29 19:42:41] QuantFocus : elfix: you should be fine [2016-10-29 19:42:45] mjones : someone is propping ZEC price up so they can mine and dump for more BTC