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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-10-30 12:15:43] rapidtrades : the only good thing bitmex has done is compiling a bunch of idiots i can make money from [2016-10-30 12:15:57] rapidtrades : bring on the 200/1 leverage [2016-10-30 12:16:26] arbitrage001 : rapidtrades: trading is zero sum game [2016-10-30 12:16:27] habibi : rapidtrades: but u are the one that is loosing money so far... [2016-10-30 12:16:43] arbitrage001 : must pray your counter party is less informed [2016-10-30 12:16:47] Smartass : In a supe rliwuid market like SandP you can probably get aout any time. Wll i did not check that durng financial cris but usually super eays but in crypto thats a whole different ball game [2016-10-30 12:16:48] rapidtrades : i'm now....already said im + overall on zcash [2016-10-30 12:16:52] rapidtrades : habibi: u [2016-10-30 12:17:05] habibi : rapidtrades: me? [2016-10-30 12:17:23] rapidtrades : that reply was to u [2016-10-30 12:17:31] habibi : rapidtrades: good, good [2016-10-30 12:18:15] Smartass : Gemz: No no what you did is this If Prices falls to 703 trigger market order. This market will then be executed for the highest bid there is if the bid is only 600 then you get only 600.. [2016-10-30 12:18:28] rapidtrades : holy shit...just use a stop limit ppl [2016-10-30 12:18:42] NL007 : in 1 month zec price will be under 0.25btc [2016-10-30 12:18:44] abc : how can i close positions by different price? [2016-10-30 12:18:54] arbitrage001 : NL007: you know this because? [2016-10-30 12:19:40] abc : How can I close positions by different prices? [2016-10-30 12:19:51] NL007 : arbitrage001: comparing it to other coins on polo with ulta low supply like SYNC [2016-10-30 12:20:21] kryptopojken : why are ther asks on FCT so high? [2016-10-30 12:20:28] kryptopojken : MM sleeping? [2016-10-30 12:20:51] NL007 : SYNC has 1177 coins and price is 0.17btc a coin [2016-10-30 12:20:59] Gemz : Smartass: o damnnn, i dont want to put a stop market anymore then, which stop option would be better thats not a market order? [2016-10-30 12:21:12] rapidtrades : stop limit [2016-10-30 12:21:21] rapidtrades : end of discussion [2016-10-30 12:21:29] NL007 : Zec will have 65000+ coins in 1 month [2016-10-30 12:22:03] rapidtrades : that's only 46m market cap at price of 1 btc [2016-10-30 12:22:16] rapidtrades : seems small for the one true coin if u ask me [2016-10-30 12:22:42] NL007 : But number will grow [2016-10-30 12:22:57] arbitrage001 : do you understand market? [2016-10-30 12:23:08] arbitrage001 : what is market? [2016-10-30 12:23:21] aethlios : https://www.cryptocoinsnews.com/zcash-unleashes-trading-frenzy/ [2016-10-30 12:23:21] rapidtrades : jews trading with each other [2016-10-30 12:23:28] aethlios : 93000 coins day 30 [2016-10-30 12:23:40] Gemz : how many coins on dec 30? [2016-10-30 12:23:44] rapidtrades : 300k [2016-10-30 12:23:58] Gemz : so i dont think it will be 1 btc price then [2016-10-30 12:24:06] rapidtrades : i wouldn't be so sure [2016-10-30 12:24:07] Gemz : thats 210m mc [2016-10-30 12:24:12] rapidtrades : eth has 1 bil market cap [2016-10-30 12:24:24] arbitrage001 : Gemz: why does eth had 1b market cap ? [2016-10-30 12:24:24] rapidtrades : even XMR came close to 100m no? [2016-10-30 12:24:26] aethlios : maybe 310000 coins dec. 30 [2016-10-30 12:24:27] Gemz : but not in a month [2016-10-30 12:24:32] arbitrage001 : why did, i sohuld say [2016-10-30 12:24:48] Gemz : arbitrage001: after a year not 1.5 month lol [2016-10-30 12:25:25] kryptopojken : FCT MM where u at?? [2016-10-30 12:25:30] arbitrage001 : btc is pretty useless in the real world, why does it have 10b market cap? [2016-10-30 12:25:31] Gemz : i just think a 2-300m mc for zcash in 2 months is too much [2016-10-30 12:25:33] rapidtrades : XMR market cap peaking at over 150m [2016-10-30 12:25:46] rapidtrades : so a 1 btc price is very much possible on dec30 [2016-10-30 12:25:47] Gemz : but not after 2 months of release [2016-10-30 12:25:56] aethlios : now 750 zcash total and price 1.3 btc, imagine 320000 in 2 months.... seeeeeeeell [2016-10-30 12:26:10] arbitrage001 : aethlios: short it, brave soul [2016-10-30 12:27:02] aethlios : 0.05 to 0.1 price on dec 30 based on my private crypto analysis [2016-10-30 12:27:22] NL007 : https://forum.z.cash/t/buy-or-sell-zcash/1511/36 [2016-10-30 12:27:27] rapidtrades : ur analysis also led u to 'invest' in buttfinex @aethlios [2016-10-30 12:27:31] NL007 : brb [2016-10-30 12:27:38] rapidtrades : in other words, it's shit [2016-10-30 12:27:42] habibi : aethlios: u still here :D? all ur tips during last week were leading to loss/liquidations [2016-10-30 12:27:58] rapidtrades : ofc he's here we got bailed out my bitmex [2016-10-30 12:28:06] habibi : like longing monero at 0.09-0.1 and shorting zcash since 0.5 or lower before spikeup [2016-10-30 12:28:12] rapidtrades : didn't u read? he shorted with a liq above 10 [2016-10-30 12:28:25] aethlios : rapidtrades: didn't invest, i keep bfx and use them as margin to trade btc. the finex stock wasn't tradeable, so i didn't want to lock my capital. [2016-10-30 12:28:34] rapidtrades : whatever bailout boy [2016-10-30 12:29:25] Gemz : zcash wont go much up or down imo, price will just stay pretty much the same and mc will just rise cus of new coins coming out [2016-10-30 12:29:51] arougkalos : are withdrawals processed? [2016-10-30 12:29:56] Formiga : Gemz: rofl. yea of [2016-10-30 12:30:19] Formiga : Gemz: +1000 Zcash being mined everyday, do u really think this will hold? [2016-10-30 12:30:22] aethlios : want to become a food stamp receiver?? buy zcash NOW [2016-10-30 12:30:22] rapidtrades : arougkalos: in around 30 mins [2016-10-30 12:30:32] rapidtrades : aethlios: im already long [2016-10-30 12:30:55] arougkalos : rapidtrades: ok i was worried that maybe sunday they will not do it...thnx [2016-10-30 12:31:00] Formiga : next week there will be +2000 Zcash being mined everyday... hahaha people think it will hold this prices... it will hit 0.1 on polo soon [2016-10-30 12:31:09] aethlios : rapidtrades: what's your exit price target?? [2016-10-30 12:31:22] arbitrage001 : aethlios: should ask me [2016-10-30 12:31:31] lockhedge : rapidtrades: you are still long? zec? [2016-10-30 12:31:35] rapidtrades : prolly BE....getting out of this shithole [2016-10-30 12:31:35] arbitrage001 : aethlios: the next adl kick in [2016-10-30 12:31:43] aethlios : arbitrage001: are you long too?? [2016-10-30 12:31:48] arbitrage001 : yeah [2016-10-30 12:31:54] Formiga : rapidtrades: lol u long on zec? [2016-10-30 12:32:02] rapidtrades : duh that's what i said [2016-10-30 12:32:13] aethlios : arbitrage001: what is your target?? can't fight gravity. [2016-10-30 12:32:20] Formiga : rapidtrades: u should change ur name soon to "notrades" after this go to the ground [2016-10-30 12:32:27] arbitrage001 : aethlios: when dpe kick in [2016-10-30 12:32:32] arbitrage001 : adl [2016-10-30 12:32:38] arbitrage001 : like 2 hours ago [2016-10-30 12:32:48] arbitrage001 : made 10btc in a few hours lol [2016-10-30 12:32:48] REKT : Liquidated long on `ZECZ16`: Sell 1 @ 0.400000 [2016-10-30 12:33:01] Gemz : i think its safer to buy golem ico and triple in couple months [2016-10-30 12:33:43] aethlios : could short 0.6 to 0.8 a few hours before, decent entry again. [2016-10-30 12:33:45] arbitrage001 : based on the tape [2016-10-30 12:33:52] rapidtrades : aethlios: u do that [2016-10-30 12:33:55] arbitrage001 : someone desperately trying to bring down the price [2016-10-30 12:34:02] arbitrage001 : dont think he will win [2016-10-30 12:34:16] rapidtrades : smone is their MM and unless ur liq is 0 ur at risk [2016-10-30 12:34:18] Formiga : arbitrage001: u talking about zcash? [2016-10-30 12:34:28] arbitrage001 : Formiga: right [2016-10-30 12:34:38] rapidtrades : srsly noone should trade this crap unless ur already stuck like me [2016-10-30 12:34:44] arbitrage001 : rapidtrades: my liq price is 0 [2016-10-30 12:34:50] Formiga : arbitrage001: ok, so with 1000+ zcash being mined everyday u think this is hold 300 usd price and above? [2016-10-30 12:35:02] Gemz : i had 26 btc and screwd up now i have 17 ffs [2016-10-30 12:35:09] arbitrage001 : Formiga: just a short term trade [2016-10-30 12:35:16] arbitrage001 : Formiga: too many think like you [2016-10-30 12:35:26] arbitrage001 : Formiga: made money off short squeeze [2016-10-30 12:35:39] aethlios : arbitrage001: you are a brave trader, can't fight the bear trend, just give up. [2016-10-30 12:35:40] arbitrage001 : cuz i dont use leverage on high risk position [2016-10-30 12:36:09] Gemz : there 50 contracts long, who wants to short? [2016-10-30 12:36:12] rapidtrades : discussing what ZEC does is pointless cos we're not tethered to it [2016-10-30 12:36:19] Gemz : lol [2016-10-30 12:36:22] arbitrage001 : aethlios: i already made enough profit on last liquidation [2016-10-30 12:36:32] arbitrage001 : aethlios: even if zcash fall into 0, i still profit [2016-10-30 12:36:33] rapidtrades : u should discuss what bitmex will do next [2016-10-30 12:37:11] arbitrage001 : well, not 0, start losing money at 0.1 [2016-10-30 12:37:52] aethlios : spot ready to attack parity. [2016-10-30 12:37:55] Formiga : 0.1 is pretty doable when poloniex crashes to it in few days [2016-10-30 12:38:11] arbitrage001 : Formiga: no one can tell future [2016-10-30 12:38:21] kryptopojken : why are there no orders on FCT? [2016-10-30 12:38:25] kryptopojken : correct orders [2016-10-30 12:38:38] arbitrage001 : Formiga: good traders do not make assumption [2016-10-30 12:38:38] Formiga : arbitrage001: wanna bet? we can get an escrow [2016-10-30 12:38:53] arbitrage001 : Formiga: you can bet on the price like i already did [2016-10-30 12:39:03] rapidtrades : i'll be ur escrow for 1 ZEC [2016-10-30 12:39:26] aethlios : Formiga: I bet 50 btc zcash spot below 0,20 on dec 30 [2016-10-30 12:39:52] rapidtrades : aethlios: u do even have 50 btc? [2016-10-30 12:40:00] habibi : i bet that aethlios will be right first time in chat history [2016-10-30 12:40:05] Formiga : lol I tought u were saying it was going up rofl... now u wanna bet it's below 0.2? [2016-10-30 12:40:53] aethlios : yes i have 50 btc and bet that zcash spot below 0.20 on dec. 30 [2016-10-30 12:41:04] Formiga : problem is u guys are focusing on BTC prices... USD price also matters.. ETH and all other coins are below 10 USD... and people are paying 900 usd for Zcash [2016-10-30 12:41:25] rapidtrades : duh cos supply is low [2016-10-30 12:41:27] chromaticcr1 : let's get back to the shitfest we had just now :shipit: [2016-10-30 12:41:37] habibi : u were not so specific about longing monero before [2016-10-30 12:41:56] rapidtrades : i dunno how he has 50 btc....he's so full of shit [2016-10-30 12:42:03] rapidtrades : maybe he sells shit... [2016-10-30 12:42:09] Gemz : the question is will zcash get mc of 200m on dec 30 cus that would be 1 btc if btc prices stay the same [2016-10-30 12:42:25] rapidtrades : aethlios: do u sell manure brah? [2016-10-30 12:42:27] Formiga : aethlios: That was my bet... @rapidtrades supply dosn't matter, if this is true Why don't u buy a shitload of PINK at poloniex? Marketcap is below 500btc [2016-10-30 12:42:47] rapidtrades : cos it doesn't have the zec hype [2016-10-30 12:43:04] rapidtrades : this shit will be bigger then XMR [2016-10-30 12:43:29] rapidtrades : anonymizing coins are in [2016-10-30 12:43:29] aethlios : collect 50 btc and lets talk to bitmex to ne the escrow, bitmex now can confirm i have 50 btc here in bitmex. [2016-10-30 12:43:46] rapidtrades : im certainly not giving 50 btc to bitmex ever [2016-10-30 12:43:51] aethlios : on dec. 30 bitmex pays the winner [2016-10-30 12:44:08] aethlios : we already have out btc on bitmex. [2016-10-30 12:44:24] Gemz : does bitmex do escrow? [2016-10-30 12:44:30] rapidtrades : nope [2016-10-30 12:45:01] aethlios : they hold our coins, we can ask them. [2016-10-30 12:45:32] aethlios : arbitrage001: ready for the bet??? [2016-10-30 12:45:42] rapidtrades : i'm only keeping the min here from now [2016-10-30 12:45:51] arbitrage001 : aethlios: i already bought enough zcash for the bet [2016-10-30 12:45:54] aethlios : rapidtrades: put 5 btc [2016-10-30 12:45:59] rapidtrades : this is very speculative exchange imo, rules change all the time [2016-10-30 12:46:19] arbitrage001 : rapidtrades: make it to your advantage [2016-10-30 12:46:26] arbitrage001 : rapidtrades: nice discount we have now [2016-10-30 12:46:42] arbitrage001 : when every other exchange trading above 1 btc [2016-10-30 12:46:44] aethlios : my bet offers you an entry price for 0.2 cheaper then the market. you wouldn't like to buy to 0.2??? [2016-10-30 12:47:28] rapidtrades : i'm already long and i don't plan to add to it, ever [2016-10-30 12:47:35] rapidtrades : i don't average losers [2016-10-30 12:47:43] arbitrage001 : have a small unleverage position also [2016-10-30 12:53:30] rapidtrades : we are overdue for a face ripping rally imo [2016-10-30 12:53:41] rapidtrades : selling has been too consistent [2016-10-30 12:53:55] rapidtrades : need a 100-300% jump to clear the shorts [2016-10-30 12:54:02] aethlios : parity sooooooon [2016-10-30 12:54:22] rapidtrades : not talking about here tho...on polo [2016-10-30 12:54:39] aethlios : zcash already hacked, hacker sells unlimited coins [2016-10-30 12:55:01] rapidtrades : it's ok we can fork [2016-10-30 12:55:18] aethlios : it's a company, can't fork [2016-10-30 12:55:35] rapidtrades : ur mom's a company too and she forked [2016-10-30 12:55:58] aethlios : read the terms before going long [2016-10-30 12:56:09] aethlios : adl wont save you [2016-10-30 12:56:13] laisee : its code, can always fork [2016-10-30 13:01:19] rapidtrades : where can i see a history of my deposits [2016-10-30 13:01:41] aethlios : to the withdraw section [2016-10-30 13:01:46] rapidtrades : no [2016-10-30 13:03:12] rapidtrades : nvm [2016-10-30 13:10:36] sleger : 3$ discount now ? Is there a new cap ? BearMEX ? [2016-10-30 13:14:54] RoftheN : So what stops people from forking Zcash to make a blockchain without the 20% going to one address? [2016-10-30 13:16:10] dasdfasdf : loss of community [2016-10-30 13:21:31] sleger : eth will have ZKP in the future [2016-10-30 13:22:08] RoftheN : ZKP? [2016-10-30 13:22:55] wurstgelee : working on withdrawals @ admins? [2016-10-30 13:23:51] sleger : RoftheN: you trade zcash and dont know what ZKP means ? [2016-10-30 13:24:12] RoftheN : I know what Zero-knowledge proof is [2016-10-30 13:24:18] RoftheN : but I didn't see the ZKP abbrevation before [2016-10-30 13:24:41] sleger : ok well thats what it is [2016-10-30 13:31:43] wurstgelee : nvm ;) [2016-10-30 13:32:21] dasdfasdf : "ETHXBT Order Price amended from 0.015 to 0.015." [2016-10-30 13:32:26] dasdfasdf : so helpful [2016-10-30 13:33:57] wurstgelee : 1.25 looks like it might be bottom for now [2016-10-30 13:34:00] wurstgelee : @ polo [2016-10-30 13:34:14] wurstgelee : *1.2 [2016-10-30 13:34:17] dasdfasdf : til more are mined [2016-10-30 13:35:12] wurstgelee : current price would put it @ 360k btc market cap (dec 30) [2016-10-30 13:35:24] wurstgelee : @ 1.2 btc/zec [2016-10-30 13:35:41] chromaticcr1 : wurstgelee: u should use 0.38 for this calculation [2016-10-30 13:36:01] wurstgelee : chromaticcr1: nope. polo makes the price [2016-10-30 13:36:03] wurstgelee : not bitmex [2016-10-30 13:36:41] sleger : polo makes spot price not dec30 price [2016-10-30 13:36:44] chromaticcr1 : wurstgelee: futures price would be a more accurate representation of a futures price [2016-10-30 13:37:06] wurstgelee : sleger: it will make dec30 price [2016-10-30 13:37:08] wurstgelee : ;) [2016-10-30 13:37:10] chromaticcr1 : sleger: since when you got serious here :wow: [2016-10-30 13:37:45] Frostax : what are the predictions for zec price when slow mining finishes? [2016-10-30 13:38:48] wurstgelee : none. way too early to have more than wild guesses and wishful thinking :) [2016-10-30 13:39:02] sleger : chromaticcr1: i dont know what you're talking about, im only saying stupid things to stupid questions so maybe you were asking too many of those [2016-10-30 13:54:20] 200822893@qq.com : 谁给个微信号,谢谢 [2016-10-30 13:54:52] REKT : Liquidated long on `XBJ7D`: Sell 400 @ 74991 [2016-10-30 13:56:07] 200822893@qq.com : ? [2016-10-30 13:56:14] chromaticcr1 : @BitMEX_Jinming [2016-10-30 13:56:28] rapidtrades : sleger: ur right selger, he's asking many stupid qs [2016-10-30 13:56:54] chromaticcr1 : 200822893@qq.com: 你微信搜搜BitMEX看看找找到 [2016-10-30 13:57:10] chromaticcr1 : 找不找到* [2016-10-30 13:57:29] 200822893@qq.com : 谢 [2016-10-30 13:57:30] BitMEX_Jinming : 200822893@qq.com: 你的微信号是什么?我加你 [2016-10-30 13:57:46] sleger : guys get your own room [2016-10-30 13:57:56] 200822893@qq.com : BitMEX_Jinming: 13802339593 [2016-10-30 13:57:57] sleger : you know a tiny one where you still can fit 25 people [2016-10-30 13:58:09] rapidtrades : this is redic....volume on pol has been 4-5 times higher then here for 3 days now [2016-10-30 13:58:21] BitMEX_Jinming : 200822893@qq.com: ok [2016-10-30 13:58:21] Rado : sup girls [2016-10-30 13:58:43] rapidtrades : yet they allow their circus MM to run wild on Zcash and margin ppl left and right [2016-10-30 13:59:10] rapidtrades : also zcash has been in top4 on polo for 3 days...so don't give me that 'it's not liquid crap' [2016-10-30 13:59:15] rapidtrades : ur so full of shit bitmex [2016-10-30 13:59:41] Anon39 : zec made me rich [2016-10-30 14:00:28] gustavo7 : sell plox [2016-10-30 14:00:34] kryptopojken : any mods in chat right now?? [2016-10-30 14:02:24] rapidtrades : BitMEX_Jinming: <<< this guy is support not sure if he mods [2016-10-30 14:03:26] Rado : Anon39: you must have low standards [2016-10-30 14:04:25] rapidtrades : Rado: have u been making $ on ETH past 2-3 months? [2016-10-30 14:04:29] rapidtrades : with ur bots [2016-10-30 14:04:49] Rado : my bot is up 20% compared to spot down 30% [2016-10-30 14:04:53] Anon39 : What's your standard than? [2016-10-30 14:05:03] REKT : Liquidated long on `XBTUSD`: Sell 5 @ 700.95 [2016-10-30 14:05:03] mendax090 : Long ETH, Short ZEC? [2016-10-30 14:05:04] Rado : not something to brag about, but better than losing [2016-10-30 14:05:23] rapidtrades : Rado: overall of just past 2-3 months? [2016-10-30 14:05:42] Rado : rapidtrades: overall, now running for 6 months [2016-10-30 14:05:50] Rado : I need to work on a better version [2016-10-30 14:05:56] Rado : this was just my first try [2016-10-30 14:06:05] rapidtrades : don't tinker with it too much [2016-10-30 14:06:29] rapidtrades : 20% is not bad...ofc it depends on the risk [2016-10-30 14:06:45] Rado : to tell you the truth the bot will probably beat 99% of traders [2016-10-30 14:07:20] rapidtrades : prolly 80% :) [2016-10-30 14:08:11] rapidtrades : it's been flat for 5 months until it fell few days ago [2016-10-30 14:08:25] rapidtrades : so not the best environment [2016-10-30 14:08:26] Rado : yes [2016-10-30 14:08:54] Rado : it was up 200% before the flat period started [2016-10-30 14:09:08] Rado : just recently started making money again [2016-10-30 14:09:18] rapidtrades : yes...that's expected behavior for trend systems [2016-10-30 14:09:22] Rado : so the improvment can be done when there is no trend [2016-10-30 14:09:34] Rado : or maybe 2 bots [2016-10-30 14:09:41] Rado : one trend and one scalping bot [2016-10-30 14:10:03] Rado : you run both and average the gains [2016-10-30 14:10:32] rapidtrades : maybe, don't have much exp with scalping bots [2016-10-30 14:10:49] rapidtrades : manually i suck at it [2016-10-30 14:11:02] DOGG : go go go BTC [2016-10-30 14:11:18] TwinnerD : anyone knows if withdrawals are really only sent out once a day in batch? [2016-10-30 14:11:24] TwinnerD : no exceptions ever? [2016-10-30 14:11:58] BitMEX_Jinming : kryptopojken: what can I help? [2016-10-30 14:12:49] kryptopojken : hi [2016-10-30 14:12:55] kryptopojken : I just sent a support tickt [2016-10-30 14:13:01] kryptopojken : but maybe we can discuss it here [2016-10-30 14:13:05] BitMEX_Jinming : kryptopojken: we will look at it. [2016-10-30 14:13:13] kryptopojken : ok thanks [2016-10-30 14:15:19] KETH : BitMEX_Jinming: Hello. For information, how long does it take you to answer a support ticket aproximately? [2016-10-30 14:15:40] mendax090 : If the ETH contract says it expires in 5 days, does that mean in 5 days my order/position will be liquidated? [2016-10-30 14:16:05] TwinnerD : not liquidated. Executed [2016-10-30 14:16:39] TwinnerD : Its a settlement [2016-10-30 14:16:41] Rado : mendax090: settled [2016-10-30 14:16:45] BitMEX_Jinming : KETH: It depends on how many of us are online. But we always try to address them asap. [2016-10-30 14:17:04] mendax090 : TwinnerD: So if I buy now at .01486, and in 5 days the price is lower, my order will be closed at a loss? [2016-10-30 14:17:16] Rado : correct [2016-10-30 14:17:24] Rado : you can always reopen it [2016-10-30 14:17:31] Rado : you just lose the commission [2016-10-30 14:17:56] mendax090 : Wouldn't it be cheaper to do execute it at poloniex since they dont have an expiration date? [2016-10-30 14:18:23] Rado : not cheaper [2016-10-30 14:18:26] TwinnerD : mendax090: what exactly do you want to do with it? [2016-10-30 14:18:34] TwinnerD : here you bet on the price, no physical holding [2016-10-30 14:18:39] Rado : but if you don't need leverage you should trade there [2016-10-30 14:18:48] TwinnerD : on polo, even with marging, you trade it phsicially [2016-10-30 14:18:57] mendax090 : I just wanted my bet on the price but longer... like in a month or so, not for 5 days [2016-10-30 14:19:17] TwinnerD : then you open it here and just reopen with the next contract [2016-10-30 14:19:26] TwinnerD : roll it over [2016-10-30 14:19:28] Rado : I should write a blog post about crypto futures [2016-10-30 14:20:32] TwinnerD : Rado: you should. but rolling over ect is exactly the same as normal future markets, here you just have to do it manually for now [2016-10-30 14:20:47] TwinnerD : there is tons of content for it already [2016-10-30 14:20:59] Rado : TwinnerD: I am talking about general understanding of what a future is [2016-10-30 14:21:05] Rado : many of teh users here don't have it [2016-10-30 14:21:28] Rado : I know there is, but it will be done specifically for crypto [2016-10-30 14:21:37] TwinnerD : don't you think content about normal futures will suffice here? [2016-10-30 14:21:47] Rado : no [2016-10-30 14:21:51] TwinnerD : a guide on how margin is handled here might be better though [2016-10-30 14:21:55] TwinnerD : as its very specific [2016-10-30 14:23:06] TwinnerD : https://www.bitmex.com/app/futuresGuide [2016-10-30 14:25:18] rapidtrades : Rado: waste of time [2016-10-30 14:25:29] rapidtrades : 90% won't read it, me included [2016-10-30 14:25:50] Rado : lol [2016-10-30 14:25:57] Rado : it wouldn't be for you [2016-10-30 14:26:15] Rado : every time a newbie ask a question here I will have a link to give them [2016-10-30 14:26:28] rapidtrades : most ppl are here for the gambol not to make money :) [2016-10-30 14:26:42] Rado : that's sad [2016-10-30 14:27:11] numero : I would read your futures guide [2016-10-30 14:27:57] Rado : numero: ? [2016-10-30 14:29:03] Rado : rapidtrades: what is your average price on ZEC? [2016-10-30 14:30:59] TwinnerD : I am out of the ZEC game. Closed at 0.55 :) [2016-10-30 14:31:40] Rado : "Zcash founder(@zooko): "I don't understand how zero-knowledge proofs actually specifically work" [2016-10-30 14:32:04] Rado : TwinnerD: didn't sell any when it was over 5? [2016-10-30 14:32:15] Rado : I guess it was for a very short period of time [2016-10-30 14:32:25] rapidtrades : Rado: around 3 [2016-10-30 14:32:52] Rado : rapidtrades: are you serious? [2016-10-30 14:33:08] rapidtrades : ofc [2016-10-30 14:34:26] rapidtrades : it only looks bad in retrospect :) [2016-10-30 14:37:06] wurstgelee : here for gamble and making money. ;) [2016-10-30 14:37:29] TwinnerD : Rado: avg price around 5,x but I only opened 8 contracts because I was scared they remove the cap [2016-10-30 14:38:03] TwinnerD : still good profit [2016-10-30 14:39:10] Rado : nice [2016-10-30 14:39:43] iefken : when having an open position the mark price, is that the price you get when closing at market? because the mark price is not the same as the prices shown in the order book [2016-10-30 14:40:03] TwinnerD : no, but its used for margin calls ect [2016-10-30 14:40:31] iefken : ok thx [2016-10-30 14:40:58] rapidtrades : not on ZEC tho, thats' marked to last to make it easier for MM to push people around [2016-10-30 14:41:17] Rado : BitMEX_Jinming: any news on ZEC marking? [2016-10-30 14:41:31] Rado : volume is over 1000 Zec on Polo [2016-10-30 14:42:08] Tetsuo : it needs to be 1000ZEC within in 6hours! [2016-10-30 14:42:10] sleger : and price is very stable now [2016-10-30 14:42:19] Rado : sleger: yes [2016-10-30 14:42:34] Rado : there is no reason not to mark it to Polo now [2016-10-30 14:42:45] sleger : not doing it is absurd [2016-10-30 14:42:53] Tetsuo : we will find one, i´m sure [2016-10-30 14:43:41] rapidtrades : sorry guys new rule...24h announcement can only be posted on Tuesdays, Thursdays and Saturdays [2016-10-30 14:43:42] TwinnerD : they also said healthy deposits and withdrawals [2016-10-30 14:43:46] kryptopojken : what exactly happes when they "mark" it? [2016-10-30 14:43:52] kryptopojken : isnt the market free anyways? [2016-10-30 14:43:55] TwinnerD : Our criteria for this marking are as follows: Healthy deposits and withdrawals [2016-10-30 14:44:00] TwinnerD : this is not the case right now [2016-10-30 14:44:05] sleger : it's free to stay between 0 and 10 yes [2016-10-30 14:44:05] habibi : kryptopojken: price will follow spot and will be traded within close ranges [2016-10-30 14:44:11] habibi : to spot* [2016-10-30 14:44:17] cess : hi [2016-10-30 14:44:19] kryptopojken : isnt that up to the traders? [2016-10-30 14:44:24] kryptopojken : or will MM take care of that [2016-10-30 14:44:28] rapidtrades : no cos it's cash-settled [2016-10-30 14:44:43] rapidtrades : u don't get a ZEC on dec30 so it must be marked to index [2016-10-30 14:44:55] laisee : Rado: [2016-10-30 14:44:55] rapidtrades : this is pure madness [2016-10-30 14:44:58] cess : how much is the minimum required to buy a ZEC contract ? [2016-10-30 14:45:05] kryptopojken : hence price will go up as soon as they decide to mark it? [2016-10-30 14:45:06] Rado : laisee: sup? [2016-10-30 14:45:08] chromaticcr1 : rapidtrades: it settles to spot price, [2016-10-30 14:45:09] sleger : habibi is wrong, it shouldnt matter and it shouldnt follow spot closely [2016-10-30 14:45:15] chromaticcr1 : which we already got one, polo [2016-10-30 14:45:16] rapidtrades : chromaticcr1: which spot [2016-10-30 14:45:32] rapidtrades : chromaticcr1: actually they haven't decided that yet either [2016-10-30 14:45:34] chromaticcr1 : mark price is to determine if we should liquidate your position before the judgement date of you [2016-10-30 14:46:22] rapidtrades : sleger: it may not follow spot exactly but it should be within 10-20% around it...this is insane [2016-10-30 14:47:49] rapidtrades : BIT 'Guys if we remove the cap shorters will get liquidated at 19 so it stays' MEX [2016-10-30 14:48:16] Rado : 19? [2016-10-30 14:48:21] sleger : 19 [2016-10-30 14:48:30] rapidtrades : yep that's what they said [2016-10-30 14:48:50] Rado : when then cap was 10? [2016-10-30 14:48:58] Rado : there is no danger of than now [2016-10-30 14:48:59] sleger : whis [2016-10-30 14:49:14] Rado : everyone will be liquidated between 0.7 and 1.0 [2016-10-30 14:49:24] rapidtrades : yeah when the cap was 10 [2016-10-30 14:49:46] Rado : how come no one is online from BitMEX [2016-10-30 14:49:53] numero : i don't understand the game today, why did zecz16 pump and dump [2016-10-30 14:50:34] Rado : pump? [2016-10-30 14:50:37] Rado : it was all dumping [2016-10-30 14:51:13] nope : yea what happened a 5am central time? zecz16 shot up to 0.80, shorts closing their positions? [2016-10-30 14:51:31] nope : or did some news come out? [2016-10-30 14:51:43] rapidtrades : Rado: if they come here ppl will ask why ZEC isn't marked yet...and they'll have to come up with new excuses [2016-10-30 14:51:51] numero : why isn't this garbage drifting down [2016-10-30 14:52:11] rapidtrades : drifting down to where lol? 0? [2016-10-30 14:52:23] numero : that's about right [2016-10-30 14:52:29] rapidtrades : rly... [2016-10-30 14:52:52] numero : jk, eventually though [2016-10-30 14:53:05] rapidtrades : man that short squeeze will be vicious [2016-10-30 14:53:17] rapidtrades : let's hope we mark to polo before it happens [2016-10-30 14:53:24] wurstgelee : nope: someone with deep pockets had some fun with thin orderbook and last price marking..... [2016-10-30 14:54:05] wurstgelee : thats why this has to be changed asap... the marking [2016-10-30 14:54:31] Rado : wurstgelee: deep pockets? [2016-10-30 14:54:45] Rado : with 5 BTC you can cause liquidations in either direction [2016-10-30 14:54:50] chromaticcr1 : deep pockets vs hidden order [2016-10-30 14:54:57] Rado : and by the way not necessary lose [2016-10-30 14:56:04] wurstgelee : win [2016-10-30 14:56:08] wurstgelee : Adl ;) [2016-10-30 14:56:25] Rado : exactly [2016-10-30 14:57:09] nope : wurstgelee: thanks [2016-10-30 14:58:58] Rado : in the case of ZEC contract ADL is actually good for traders [2016-10-30 14:59:26] wurstgelee : yep. for longs ;) [2016-10-30 14:59:32] rapidtrades : Rado: how so? [2016-10-30 14:59:34] Rado : longs or shorts [2016-10-30 14:59:47] Rado : rapidtrades: lets say you are long 5 contracts [2016-10-30 15:00:00] Rado : if you have to sell manually it's hard to get a good fill [2016-10-30 15:00:04] wurstgelee : sleger, did u already schedule the next orderbook shenenigans? [2016-10-30 15:00:06] arbitrage001 : back [2016-10-30 15:00:17] Rado : when liquidations of shorts happen you get filled at higher price [2016-10-30 15:00:20] rapidtrades : wurstgelee: yes we're pumping ZEC here to 3 [2016-10-30 15:00:23] rapidtrades : never stop [2016-10-30 15:00:27] arbitrage001 : short not making rational choice [2016-10-30 15:00:30] rapidtrades : don't give up until 3 [2016-10-30 15:00:32] rapidtrades : buy buy buy [2016-10-30 15:00:39] arbitrage001 : giving 60% discount [2016-10-30 15:00:47] wurstgelee : yep [2016-10-30 15:01:09] arbitrage001 : wurstgelee: must be doing great in the last 2 days [2016-10-30 15:01:16] Rado : arbitrage001: might not be 60% by the time it gets marked [2016-10-30 15:01:25] Rado : if Polo price keeps falling [2016-10-30 15:01:31] wurstgelee : had a break yesterday but friday was great ;) [2016-10-30 15:01:36] arbitrage001 : Rado: there are other way to make money without the risk [2016-10-30 15:01:43] rapidtrades : it may happen soon cos it seems their MM is buying at .3 [2016-10-30 15:01:56] arbitrage001 : i mean risk up their eyeballs [2016-10-30 15:01:59] Rado : rapidtrades: that's me :-) [2016-10-30 15:02:05] rapidtrades : at 36? [2016-10-30 15:02:18] arbitrage001 : if people insist on shorting zcash, they should do it at a higher price [2016-10-30 15:02:27] Rado : no, just kidding, but I entered a small position [2016-10-30 15:02:30] arbitrage001 : not pushing the price down where i can buy more [2016-10-30 15:02:34] arbitrage001 : lol [2016-10-30 15:02:55] wurstgelee : its fine this wa atm tbh ;) [2016-10-30 15:02:59] wurstgelee : *way [2016-10-30 15:03:03] rapidtrades : i wouldn't touch this shit with a ten foot poll, literally anything can happen [2016-10-30 15:03:05] laisee : arbitrage001: perhaps we can have a list of available short prices [2016-10-30 15:03:17] rapidtrades : alas im already in, so have to suffer what bitmex gods decide [2016-10-30 15:03:26] wurstgelee : rapidtrades: yes. one thing is more likely than the other tho. easy ;) [2016-10-30 15:03:34] arbitrage001 : laisee: i am entering more bid price below the 0.3 range [2016-10-30 15:03:46] arbitrage001 : see how far shorter will go [2016-10-30 15:04:10] rapidtrades : u guys have bigger balls then me [2016-10-30 15:04:17] wurstgelee : k, adding a few orders too down there [2016-10-30 15:04:17] laisee : add some instructions and youtube video to make it fule-pruf [2016-10-30 15:04:20] wurstgelee : ;) [2016-10-30 15:04:21] Rado : It's so difficult to estimate what a fare price for ZEC will be [2016-10-30 15:04:28] Rado : it has no practical use yet [2016-10-30 15:04:46] messiaen8844 : thinking of a possible market cap [2016-10-30 15:04:47] laisee : pron and dark mkets? [2016-10-30 15:04:51] messiaen8844 : divide by ZECs in DEC [2016-10-30 15:05:02] messiaen8844 : add some hype, watch accumulatio [2016-10-30 15:05:14] numero : wurstgelee: yeah could you spell that out a bit more? what would you do if you were a noob with too much btc [2016-10-30 15:05:27] messiaen8844 : look previous numbers for other cryptos... you'll get an idea for possible values [2016-10-30 15:05:27] wurstgelee : numero: not touch ZEC [2016-10-30 15:05:35] wurstgelee : not with a 10 foot pole ;) [2016-10-30 15:05:41] numero : wurstgelee: aha, ok [2016-10-30 15:06:02] messiaen8844 : this is a december future,so it makes sense that it deviates that much from spot price [2016-10-30 15:06:03] wurstgelee : seriously... doesnt get riskier than getting into ZEC atm [2016-10-30 15:06:09] messiaen8844 : specially when fundamentals at december will be very different [2016-10-30 15:06:14] laisee : so many people hate ZEC, there must be something really great about it ... [2016-10-30 15:06:20] wurstgelee : some people like the gamble tho... :) [2016-10-30 15:06:42] dasdfasdf : 805 ZEC Total Monetary Base [2016-10-30 15:06:54] messiaen8844 : by december = 300k [2016-10-30 15:06:59] messiaen8844 : monetary base [2016-10-30 15:07:06] wurstgelee : laisee: there was a f_uckload of btw that changed ownership 2 days ago [2016-10-30 15:07:12] wurstgelee : lots of butthurt.... [2016-10-30 15:07:16] wurstgelee : *btc [2016-10-30 15:07:18] wurstgelee : not btw [2016-10-30 15:07:37] wurstgelee : here, not polo [2016-10-30 15:07:47] laisee : wurstgelee: selling BTC for ZEC or vice versa? [2016-10-30 15:08:05] wurstgelee : laisee: the run up to 10 BTC/ZEC here [2016-10-30 15:08:07] messiaen8844 : lots of hash power coming to zcash... [2016-10-30 15:08:19] Rado : messiaen8844: of course [2016-10-30 15:08:26] wurstgelee : messiaen8844: it will get a lot more [2016-10-30 15:08:26] laisee : heh. I didn't trade first 2 days. sold before [2016-10-30 15:08:31] messiaen8844 : you can watch that also for possible market cap [2016-10-30 15:08:34] wurstgelee : miners are still being improved [2016-10-30 15:08:35] Rado : would you mine ETH that trades at 0.015 [2016-10-30 15:08:39] Rado : or ZEC at 1.2 [2016-10-30 15:08:55] Rado : If I was miner I would switch immediately [2016-10-30 15:08:55] wurstgelee : depends on profitability [2016-10-30 15:08:58] wurstgelee : price doesnt matter [2016-10-30 15:09:08] rapidtrades : what happens with ZEC mining now? with prices crashing from 100s to 1? [2016-10-30 15:09:11] Rado : wurstgelee: how can be more profitable to mine ETH? [2016-10-30 15:09:16] rapidtrades : did difficult jump too high? [2016-10-30 15:09:32] rapidtrades : how fast does it adjust [2016-10-30 15:09:45] Rado : rapidtrades: it's very similar to BTC [2016-10-30 15:09:53] rapidtrades : so 1 week? [2016-10-30 15:09:58] laisee : "difficulty" : 49030.54282579 [2016-10-30 15:10:04] wurstgelee : Rado: mininng reward doesnt adjust. its a constant (with a schedule) no matter how many miners are mining [2016-10-30 15:10:18] wurstgelee : the more miners are mining, the harder it is to mine it [2016-10-30 15:10:23] wurstgelee : so it gets more expensive [2016-10-30 15:10:29] rapidtrades : right but it's different in $$$ terms [2016-10-30 15:10:38] wurstgelee : more hardware/energy needed per ZEC [2016-10-30 15:10:48] rapidtrades : if new miners come in from other places they will likely cash out fast and not keep coins [2016-10-30 15:11:00] Rado : wurstgelee: agree, but how many nodes are mining ZEC right now? [2016-10-30 15:11:15] laisee : 2 [2016-10-30 15:11:16] Rado : compare to BTC and ETH nodes [2016-10-30 15:11:39] wurstgelee : so...rising hashrate means rising price, simple as that (altho its hard to tell how much mining system are joining bcause mining software is still improving) [2016-10-30 15:12:49] iefken : yes and rising hash means more coins mined and most miners do sell their coins so in your point the price would decline [2016-10-30 15:12:51] wurstgelee : easy too see, just compare eth hashrate history with price chart [2016-10-30 15:12:53] wurstgelee : ;) [2016-10-30 15:12:58] wurstgelee : iefken: lol no [2016-10-30 15:13:09] wurstgelee : rising hash has NO influence on how much coins are mined [2016-10-30 15:13:10] iefken : you need to have interest of people in buyin the coin [2016-10-30 15:13:30] wurstgelee : a little during jumps because diff has to adjust, but block rewards are fixed [2016-10-30 15:13:34] iefken : lol more hash = more blocks mined for a certain amount of time [2016-10-30 15:13:36] laisee : "its complicated" [2016-10-30 15:13:49] wurstgelee : iefken: thats only valid for really small periods of time [2016-10-30 15:13:55] wurstgelee : doesnt matter really [2016-10-30 15:13:59] iefken : yes block rewards are fixed but not for zcash atm :p [2016-10-30 15:14:04] wurstgelee : lol [2016-10-30 15:14:10] wurstgelee : they are fixed u dickhead ;) [2016-10-30 15:14:37] wurstgelee : blocks are getting mined faster than scheduled based on average block time [2016-10-30 15:14:39] Gemz : I submitted a withdrawal before 13 utc, but havent received it yet, any idea how long withdrawals take? [2016-10-30 15:14:39] wurstgelee : that is all [2016-10-30 15:14:48] iefken : arent they rising up to 12.5 in 30days time?