This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

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[2016-10-31 14:04:48] sally : You define these features in you contract
[2016-10-31 14:05:07] sally : all you muppets have done is prove to me and crypto that this is a bucketshop
[2016-10-31 14:05:30] chromaticcr1 : ** 10.1: All calculations performed by the BitMEX trading engine and as verified by BitMEX are final. **
[2016-10-31 14:05:38] chromaticcr1 : that's all
[2016-10-31 14:05:44] BitMEX_Wally : We will add `maxPrice` to the contract specification
[2016-10-31 14:05:53] rapidtrades : worse then bucketshop ....these ppl take a side
[2016-10-31 14:05:54] BitMEX_Wally : You cannot submit an order for XBTUSD with a price greater than 1,000,000 USD either
[2016-10-31 14:05:59] BitMEX_Wally : Just so you guys all know
[2016-10-31 14:06:11] sally : BitMEX_Wally: lmao. so your editing a contract at will
[2016-10-31 14:06:33] sleger : sooo that's why its trading at 700 !!!!! there is a cap as well
[2016-10-31 14:06:34] BitMEX_Wally : Either you want it defined in the contract or you don't
[2016-10-31 14:06:39] sally : BitMEX_Wally: so now we are on the inside. yeahhhh
[2016-10-31 14:06:43] sleger : bitmex is responsible for bitcoin not being 2000 already !!
[2016-10-31 14:06:48] rapidtrades : there's nothing can be done here unless u sue them
[2016-10-31 14:06:49] chromaticcr1 : lol
[2016-10-31 14:07:00] messiaen8844 : rapidtrades: let's go to seychelles fight them
[2016-10-31 14:07:08] messiaen8844 : great beatches also
[2016-10-31 14:07:12] messiaen8844 : *beaches
[2016-10-31 14:07:15] rapidtrades : this is why ppl like u wont be allowed to run an exchange few years from now
[2016-10-31 14:07:31] sally : well im from the US
[2016-10-31 14:07:34] rapidtrades : u've f*cked up the whole space...u snd buttfinex and mtgox
[2016-10-31 14:07:42] sally : seychelles dont mean shit to me
[2016-10-31 14:08:13] messiaen8844 : let's gang up and break their computers
[2016-10-31 14:08:17] aethlios : rapidtrades: you are worst than a complaining woman
[2016-10-31 14:08:20] chromaticcr1 : messiaen8844: how about b***ches ;) , so perhaps we can get to use the hookers and blow fund
[2016-10-31 14:08:29] chromaticcr1 : aethlios: +1
[2016-10-31 14:08:41] messiaen8844 : yeah, let's steal the insurance fund and go to seycheless have some fun
[2016-10-31 14:08:57] BitMEX_Wally : sally: Are you a US resident?
[2016-10-31 14:09:01] sally : lmao... "insurance fund" oh boy
[2016-10-31 14:09:06] sally : BitMEX_Wally: no
[2016-10-31 14:09:09] chromaticcr1 : BitMEX_Wally: ohhh
[2016-10-31 14:09:26] sally : quick, seize my funds
[2016-10-31 14:09:27] messiaen8844 : be careful answering that lol
[2016-10-31 14:10:03] kradiav : busted :D
[2016-10-31 14:10:25] sally : I can smell a shitstorm from a mile away
[2016-10-31 14:11:50] sally : how many people from the US trade here I wonder?
[2016-10-31 14:12:11] CapitalGains : Does anyone understand why the price here follows that on Polo despite being 0.4 BTC below it? I could understand if it were entirely separate (being a future), or entirely connected, but this mixture is confusing.
[2016-10-31 14:12:53] BitMEX_Wally : CapitalGains: Effectively people are paying an implied interest rate of 300% to borrow ZEC to short it
[2016-10-31 14:13:01] rapidtrades : bullshit
[2016-10-31 14:13:15] rapidtrades : they're paying for ur free put
[2016-10-31 14:14:32] aethlios : CapitalGains: this contract expires 30 dec. so price is the expected 30 dec. price, not today price. from how the spot moves and based on fundamentals etc. we try to constantly estimate that expected price.
[2016-10-31 14:14:53] chromaticcr1 : 300% is too cheap when compared to a 27000% inflation coin - 4% inflation on Bitcoin. *short it to da core*
[2016-10-31 14:15:41] arbitrage001 : i am taking the implied 300% rate
[2016-10-31 14:15:57] arbitrage001 : obviously, hard to tell who has the last laugh on dec 30th
[2016-10-31 14:16:09] aethlios : so when spot was 1000, future was 10, 990 btc spread, now spread only 0.40 btc, spread will diminish as we approach expiration
[2016-10-31 14:16:33] arbitrage001 : as soon as polo allow zcash shorting, i might hedge depend on the lending rate
[2016-10-31 14:16:50] arbitrage001 : or finex
[2016-10-31 14:17:01] sally : there will be no margin on polo for some time
[2016-10-31 14:17:04] arbitrage001 : will clear the order book here for you, rapid
[2016-10-31 14:17:04] aethlios : so bitmex trader are better informed than polo stupid bulls
[2016-10-31 14:17:37] rapidtrades : right...they're better informed what ZEC should trade at despite trading with BTC and hacing only 20% of the volume
[2016-10-31 14:17:40] aethlios : talking about zcash and don't watch btc action
[2016-10-31 14:17:40] rapidtrades : u retard
[2016-10-31 14:17:40] chromaticcr1 : i guess this conversation have kinda implied that we will have a basis around -300%, just to let you know, rapid, so you can at least get something back instead of thinking that we will be at spot + 0 basis.
[2016-10-31 14:17:52] REKT : Liquidated long on `ETHXBT`: Sell 92 @ 0.01565
[2016-10-31 14:18:13] rapidtrades : chromaticcr1: don't care, im not gonna let them mark it at 300%
[2016-10-31 14:18:21] chromaticcr1 : srsly, wally is treating you real good with these information
[2016-10-31 14:18:26] rapidtrades : until we mark to polo, its all on last
[2016-10-31 14:18:42] chromaticcr1 : that would be the case on last day since we got 0 t value left
[2016-10-31 14:18:57] CapitalGains : Is the 300% a result of market psychology, or is it something Bitmex is actually defining somehow?
[2016-10-31 14:19:16] lerecidiviste : zcash nearly busted ........
[2016-10-31 14:19:34] rapidtrades : only an autism would put a 300% basis rate on anything...it's madness
[2016-10-31 14:19:47] rapidtrades : autist obv
[2016-10-31 14:19:52] aethlios : BitMEX_Wally: can you create a bet: will zcash expire above or below 0.15 on dec. 30 and send you btc?? and pay the winners??
[2016-10-31 14:20:12] arbitrage001 : CapitalGains: the rate defined by market participants here
[2016-10-31 14:20:43] habibi : aethlios: u won't find people to bet above
[2016-10-31 14:20:51] chromaticcr1 : (last/spot-1)/days left*365 @CapitalGains, implied basis of the futures, which price is defined by the crowd here
[2016-10-31 14:21:24] chromaticcr1 : aethlios: fairlay / augur may help you out
[2016-10-31 14:21:30] laisee : Until the mark changes to PLO or box ...
[2016-10-31 14:21:40] arbitrage001 : rapidtrades: market distortion do happen when supply is scared
[2016-10-31 14:21:47] Rado : aethlios: there is Augur for that
[2016-10-31 14:21:50] arbitrage001 : and mining profit is still high
[2016-10-31 14:22:09] aethlios : augur is working??
[2016-10-31 14:22:23] Rado : of course
[2016-10-31 14:22:34] laisee : u can bet on it
[2016-10-31 14:23:34] aethlios : can i create a market if doesn't exist??
[2016-10-31 14:23:49] Rado : I think so
[2016-10-31 14:23:59] rapidtrades : no but u can create a scam
[2016-10-31 14:24:19] rapidtrades : eg ZEC16
[2016-10-31 14:24:42] aethlios : i will check, many polo buyers maybe gamble to an above 0.2 price
[2016-10-31 14:24:46] Rado : aethlios: https://app.augur.net/
[2016-10-31 14:27:19] Rado : https://app.augur.net/?tags=ethereum%2Ccurrencies
[2016-10-31 14:27:33] Rado : Will Ethereum trade at $15 or higher by midnight EST on November 30, 2016?
[2016-10-31 14:27:42] Rado : this one is easy
[2016-10-31 14:27:44] Rado : No
[2016-10-31 14:27:48] Rado : place your bets
[2016-10-31 14:27:56] habibi : Rado: dream more
[2016-10-31 14:28:18] Rado : habibi: what?
[2016-10-31 14:29:02] sleger : augur is in test not live
[2016-10-31 14:29:29] sleger : my bad
[2016-10-31 14:30:01] Rado : there is a bet on when they will launch
[2016-10-31 14:30:02] Rado : lol
[2016-10-31 14:30:06] BitMEX_Greg : haha
[2016-10-31 14:31:58] aethlios : options for 3 month futures are close.
[2016-10-31 14:33:03] wurstgelee : looks like i didnt close my short a second 2 early @ xbtusd
[2016-10-31 14:33:06] wurstgelee : ';)
[2016-10-31 14:37:17] Rado : ZEC pretty volatile on Polo
[2016-10-31 14:38:44] rapidtrades : now ZEC is down to 6th place by volume
[2016-10-31 14:39:23] rapidtrades : this is bullshit, it's pretty clear there's a functioning market now
[2016-10-31 14:39:32] rapidtrades : there's 132 ZECs for same and 800 BTC in bids
[2016-10-31 14:39:51] sleger : i'm gonna same some ZECs
[2016-10-31 14:40:06] rapidtrades : btw giant buy wall on polo at 0.716
[2016-10-31 14:40:15] rapidtrades : 100 btc worth
[2016-10-31 14:40:35] rapidtrades : and its gone lol
[2016-10-31 14:40:39] rapidtrades : usual games
[2016-10-31 14:42:14] CapitalGains : Is it just me, or is there a hidden bidding game going on just above 0.26?
[2016-10-31 14:42:23] CapitalGains : on ZEC
[2016-10-31 14:43:49] wurstgelee : CapitalGains: maybe =)
[2016-10-31 14:44:12] chromaticcr1 : hidden order everywhere
[2016-10-31 14:45:07] rapidtrades : don't trust the ZEC sellout ^
[2016-10-31 14:45:13] rapidtrades : coast is clear
[2016-10-31 14:45:41] darbsllim : ZEC is going to 0.1 on Polo
[2016-10-31 14:45:45] darbsllim : it has no value
[2016-10-31 14:45:48] rapidtrades : u get 2.76x return on investment just if prices stay where they are
[2016-10-31 14:45:50] darbsllim : investors paid $15 per ZEC
[2016-10-31 14:46:03] rapidtrades : darbsllim: ur mom has no value either yet she gets $50 per pop
[2016-10-31 14:46:05] wurstgelee : darbsllim: polo user?
[2016-10-31 14:46:12] darbsllim : I closed all my ZEC shorts yesterday at 2X profit
[2016-10-31 14:46:13] darbsllim : shorted at 2
[2016-10-31 14:46:23] darbsllim : out at 1.3
[2016-10-31 14:46:24] darbsllim : back in at 1
[2016-10-31 14:46:27] darbsllim : out at 0.3
[2016-10-31 14:46:31] darbsllim : it's going to 0.1
[2016-10-31 14:46:42] darbsllim : I just don't trust that you guys won't manipulate it
[2016-10-31 14:46:43] darbsllim : so I'm out
[2016-10-31 14:46:43] habibi : ^ experts ^
[2016-10-31 14:46:58] wurstgelee : """""experts"""""
[2016-10-31 14:47:02] wurstgelee : ;)
[2016-10-31 14:47:06] chromaticcr1 : coast is clear, look at your loss, oh dear! Wish I didnt go long on 3, crying out with tears.
[2016-10-31 14:47:10] rapidtrades : yea all newbs look like geniuses now
[2016-10-31 14:47:23] habibi : of course there will be at least one manipulation before the price mark to polo, coz why not :D
[2016-10-31 14:47:29] rapidtrades : yes
[2016-10-31 14:47:36] rapidtrades : clear the f*ckers out
[2016-10-31 14:47:43] darbsllim : 0.1 is $70 USD per ZEC coin ... investors paid $15 per ZEC coin. Do the math...it's going to 0.1 and that's giving it a 700% increase from what investors paid
[2016-10-31 14:47:46] rapidtrades : THEY SHAT ON OUR HEADS FOR TOO LONG
[2016-10-31 14:48:00] rapidtrades : darbsllim: ur fundamentals mean shit
[2016-10-31 14:48:02] habibi : darbsllim: awsome math :D same argument for zcash at 100 btc and 0.00001
[2016-10-31 14:48:22] Rado : no news on ZEC marking yet?
[2016-10-31 14:48:23] darbsllim : that was just insanity, irationally trading numbers back and forth
[2016-10-31 14:48:31] darbsllim : Rado ZEC doesn't have a marketing hype department
[2016-10-31 14:48:37] chromaticcr1 : for just 95BTC (+ any hidden order), clear everyone out
[2016-10-31 14:49:10] rapidtrades : idk u tools padded the orderbook, now it's 2x what is it was yday
[2016-10-31 14:49:22] wurstgelee : 15:47 - habibi: of course there will be at least one manipulation before the price mark to polo, coz why not ? <-- :D :D :D
[2016-10-31 14:49:23] habibi : yep, open interest is growing nicely around 0,25 -0,5 area, shorts will get cleared nicely
[2016-10-31 14:49:26] rapidtrades : we shoiuld've discussed operation Fury in private like bitmex did with their cap
[2016-10-31 14:49:49] wurstgelee : those shorts around .3 are easy targets...
[2016-10-31 14:49:52] rapidtrades : i'm resigning to the fact that I will have to hold this shit for 2 months
[2016-10-31 14:50:01] rapidtrades : still worth it for 2.76x
[2016-10-31 14:51:43] habibi : rapidtrades: at some point u think some people here are smarter but when it comes to trading shitcoins, same nooby arguments are in..." long term invesment" " polo price will be higher then actual here"....*when it comes to trade shitcoins, all people are equally stupid*
[2016-10-31 14:52:20] rapidtrades : pretty much....that's why i place 0 value on coin fundamentals
[2016-10-31 14:53:07] rapidtrades : its pointless to calculate zcash supply on dec30 cos markets discount....and u have no clue what's priced in already
[2016-10-31 14:54:32] rapidtrades : sentiment is 90% negative both here and polo, meaning a sharp rally is imminent
[2016-10-31 14:54:39] rapidtrades : but i said that above 1 too, so we'll see
[2016-10-31 14:55:11] kradiav : rapidtrades: where do you see the roof/top?
[2016-10-31 14:56:02] rapidtrades : idk 100-300% rally from lows is possible
[2016-10-31 14:56:17] rapidtrades : so that's 1.3 to 2?
[2016-10-31 14:57:11] aethlios : I have a short 0.75, waiting for your pump
[2016-10-31 14:58:04] rapidtrades : was talking about polo
[2016-10-31 14:59:24] aethlios : btc up, xmr eth dash down
[2016-10-31 14:59:32] rapidtrades : habibi: are u in ZEC
[2016-10-31 14:59:57] habibi : rapidtrades: nope, dont have time to babysit position, will be tomorrow evening maybe
[2016-10-31 15:00:37] CapitalGains : aethlios: what kind of margin do you use on ZEC? I'm too scared to short after watching the nightmare squeezes on Friday.
[2016-10-31 15:00:50] rapidtrades : if they do put a 300 basis rate, that will be an attractive long-term long, cos margin req will keep prices depressed
[2016-10-31 15:01:23] rapidtrades : it has to bottom out smwhere
[2016-10-31 15:01:50] habibi : CapitalGains: any margin under 0.1x is pretty safe
[2016-10-31 15:02:27] rapidtrades : if ur liq is above 10 u can't get liquidated until the cap is removed
[2016-10-31 15:02:39] rapidtrades : but u better have quick fingers on that announcement
[2016-10-31 15:02:48] CapitalGains : If you only short 1 contract
[2016-10-31 15:03:25] rapidtrades : u would need 10 btc to be safe
[2016-10-31 15:04:10] aethlios : CapitalGains: margin to have liquid. price above 10, so a lot of margin
[2016-10-31 15:05:13] Rado : BitMEX_Greg: when are you guys going to announce marking on ZEC?
[2016-10-31 15:05:26] BitMEX_Greg : Rado: Guessing when the underlying is more liquid
[2016-10-31 15:05:55] Rado : it already trades 1000 ZEC per 24h
[2016-10-31 15:06:06] rapidtrades : *on polo
[2016-10-31 15:06:16] rapidtrades : didn't u notice that * in the announcement
[2016-10-31 15:06:25] rapidtrades : right, me neither
[2016-10-31 15:07:13] Rado : well we are not going to trade it then
[2016-10-31 15:07:30] Rado : you might as well delist it until you are ready to list a proper contract
[2016-10-31 15:08:19] rapidtrades : it's bullshit cos the REQ is in ZEC and if prices rally we're gonna drop back down in volume
[2016-10-31 15:08:24] Rado : BTC dip was short lived
[2016-10-31 15:08:30] Rado : very good momentum
[2016-10-31 15:08:31] rapidtrades : we're now up to 820 ZEC
[2016-10-31 15:12:27] shenol : can someone explain what is marking on ZEC?
[2016-10-31 15:14:05] chromaticcr1 : last price
[2016-10-31 15:15:52] shenol : I don't get what are some people waiting for?
[2016-10-31 15:16:06] kradiav : shenol: you mean how it affects trading?
[2016-10-31 15:16:13] shenol : yes
[2016-10-31 15:22:23] Rado : shenol: XBTUSD is marked based on the Kaiko BitMEX index for example
[2016-10-31 15:22:37] Rado : Pricing Source: Kaiko
[2016-10-31 15:22:52] Rado : ZEC is supposed to be
[2016-10-31 15:22:56] Rado : Pricing Source: Poloniex
[2016-10-31 15:23:03] chromaticcr1 : plus funding * timeleft for next funding/8hour
[2016-10-31 15:23:05] Rado : but it's not marked to the Poloniex price yet
[2016-10-31 15:23:20] sleger : chromaticcr1: it's a future not a swap
[2016-10-31 15:23:34] Shenol : but marking is just a guide, it doesn't mean contract will trade at that price?
[2016-10-31 15:23:48] chromaticcr1 : yup for XBT swap XBTUSD
[2016-10-31 15:23:50] Rado : yes, but it will be close to it
[2016-10-31 15:23:57] Rado : right now it's huge difference
[2016-10-31 15:24:02] Rado : 0.73 and 0.26
[2016-10-31 15:24:19] sleger : Rado: it wont be close to polo
[2016-10-31 15:24:25] sleger : that's not how the marking will work
[2016-10-31 15:24:36] sleger : index will be polo, mark will not
[2016-10-31 15:24:36] Rado : it will be closer than it is now
[2016-10-31 15:24:40] chromaticcr1 : Rado: it have not been marked yet, Mark Method LastPrice
[2016-10-31 15:24:42] sleger : Rado: no reason for that
[2016-10-31 15:24:57] Rado : chromaticcr1: I know
[2016-10-31 15:25:06] Rado : sleger: what is the reason then?
[2016-10-31 15:25:22] rapidtrades : sleger: it will be close to polo once we push it on the announcement dummy
[2016-10-31 15:25:24] sleger : Rado: i'm saying there is no reason for that so dont ask me the reason for it....
[2016-10-31 15:25:26] Shenol : it would only matter if you can sell elsewhere and buy here, but it is not possible to sell on any other exchange?
[2016-10-31 15:25:29] rapidtrades : then they can mark it to -10%
[2016-10-31 15:25:59] rapidtrades : don't forget cap will also get removed
[2016-10-31 15:26:11] rapidtrades : some shorts will bail
[2016-10-31 15:26:20] chromaticcr1 : https://www.bitmex.com/app/contract/ZECZ16 Fair Basis -0.4161288 Fair Basis Rate -350%
[2016-10-31 15:26:39] Rado : chromaticcr1: you don't see a problem with this?
[2016-10-31 15:26:42] sleger : mark price will be pretty much what it is now after they switch
[2016-10-31 15:26:53] rapidtrades : sleger: ur so full of it
[2016-10-31 15:27:03] sleger : rapidtrades: do you even lift ?
[2016-10-31 15:27:10] rapidtrades : i lift ur momma
[2016-10-31 15:27:12] chromaticcr1 : that's what the market came up with, what's the problem
[2016-10-31 15:27:12] sleger : or understand how marking will work ?
[2016-10-31 15:27:17] Shenol : I disagree, it's only relevant if you can hedge on another exchange
[2016-10-31 15:27:31] Rado : chromaticcr1: then we don't need to mark XBT contracts as well
[2016-10-31 15:27:33] Rado : who cares
[2016-10-31 15:27:45] rapidtrades : dude..announcement comes, ppl buy up...it's not gonna be marked to polo-basis...there will be a 24h window for the buying frenzy
[2016-10-31 15:27:46] Rado : MMs can push the price any direction they want
[2016-10-31 15:27:59] sleger : xbt is a swap not a futures
[2016-10-31 15:28:04] sleger : please try to understand how things work
[2016-10-31 15:28:31] rapidtrades : sleger: if u don't see problem with using a %300 basis rate for margin they ur a worse trader than a thought
[2016-10-31 15:29:06] sleger : rapidtrades: then what do you think the fair basis should be ?
[2016-10-31 15:29:17] kradiav : 0.05
[2016-10-31 15:29:19] rapidtrades : idk 10-20%?
[2016-10-31 15:29:27] rapidtrades : below polo?
[2016-10-31 15:29:30] Shenol : if people believe that ZEC will cost current price and contract expiry date is there a reason for price change when it's marked?
[2016-10-31 15:29:40] Rado : rapidtrades: it should not be a fixed %
[2016-10-31 15:29:49] rapidtrades : but it will be
[2016-10-31 15:29:57] Rado : market needs to make teh price I agree with sleger
[2016-10-31 15:30:04] sleger : rapidtrades: 10-20%, ok random numbers we are using great
[2016-10-31 15:30:09] Rado : but we would not know what that price is until it is marked to the exchange
[2016-10-31 15:30:20] Rado : he might as well be right it will be the same, but might not be
[2016-10-31 15:30:27] sleger : Rado: it WONT be marked to polo when they switch
[2016-10-31 15:30:42] rapidtrades : sleger: that's 60-120% per annum...wouldn't u agree that's generious under any circmstances?
[2016-10-31 15:30:44] sleger : WONT = WILL NOT
[2016-10-31 15:30:54] sleger : rapidtrades: no
[2016-10-31 15:30:59] rapidtrades : k then
[2016-10-31 15:31:02] sleger : not under those circumstances
[2016-10-31 15:31:04] chromaticcr1 : what about that i offer you a contract on Zimbabwe dollar v USD in 2008, no way that shorting that would have a basis less than -300% when inflation per day is ~100%
[2016-10-31 15:31:08] Rado : well pricing source will be Polo
[2016-10-31 15:31:16] sleger : Rado: yes
[2016-10-31 15:31:21] j8 : it's the only way to short, there's no limit to what a reasonable discount could be
[2016-10-31 15:31:21] sleger : index price will be polo
[2016-10-31 15:31:26] Rado : right
[2016-10-31 15:31:30] Rado : that's all we want
[2016-10-31 15:31:30] sleger : index price is not mark price
[2016-10-31 15:31:34] Rado : how hard is that
[2016-10-31 15:31:41] sleger : index price is used for what ?
[2016-10-31 15:31:53] arbitrage001 : no point arguing.
[2016-10-31 15:32:01] arbitrage001 : if anyone thing it is cheap, then buy
[2016-10-31 15:32:09] Rado : it's part of the marking calculation
[2016-10-31 15:32:09] arbitrage001 : *think*
[2016-10-31 15:32:17] chromaticcr1 : now, it is for fun ;) , wait for the ann
[2016-10-31 15:32:20] sleger : Rado: it is but it s not
[2016-10-31 15:32:23] arbitrage001 : or if anyone think it is expensive, then short
[2016-10-31 15:32:27] sleger : Rado: 1+x - x =1
[2016-10-31 15:32:32] sleger : x is part of it as well
[2016-10-31 15:32:48] rapidtrades : i don't advise anyone to touch zec, rules can change at any time
[2016-10-31 15:32:51] sleger : Rado: again, read how marking will work
[2016-10-31 15:32:55] Rado : arbitrage001: the problem is that if the price here is closer to the Polo price we can short with less risk
[2016-10-31 15:33:03] rapidtrades : and these jokers are not regulated so unless u can sue them ur SOL
[2016-10-31 15:33:13] arbitrage001 : Rado: dont think you fully understand how future contract work
[2016-10-31 15:33:21] Rado : arbitrage001: I do
[2016-10-31 15:33:48] sleger : doesnt seem like it right now
[2016-10-31 15:33:54] Rado : if the price will be the same because there is a lot of time and people thing it will fall then what is the problem of marking
[2016-10-31 15:34:06] Rado : I don't understand what is the issue
[2016-10-31 15:34:09] rapidtrades : 300% is 5% per day
[2016-10-31 15:34:18] arbitrage001 : future should not be marked anyway
[2016-10-31 15:34:18] rapidtrades : that's bonkers
[2016-10-31 15:34:25] sleger : rapidtrades: how fast per day the price went down on polo so far ?
[2016-10-31 15:34:27] arbitrage001 : last price will do fine
[2016-10-31 15:34:32] sleger : how many % per day ???
[2016-10-31 15:34:44] rapidtrades : sleger: what does it matter u dummy...it will bottom out at some point
[2016-10-31 15:34:53] Rado : arbitrage001: is ETC marked?
[2016-10-31 15:34:55] sleger : rapidtrades: then you dont understand basis
[2016-10-31 15:34:56] rapidtrades : we'll be marking it at extreme levels of sentiment
[2016-10-31 15:35:07] sleger : basis cost
[2016-10-31 15:35:10] rapidtrades : this is like marking bitcoin when it hit 800
[2016-10-31 15:35:27] rapidtrades : only 10x worse
[2016-10-31 15:35:40] arbitrage001 : Rado: no idea, i dont trade etc
[2016-10-31 15:35:57] arbitrage001 : Rado: and marking played no part on how i trade
[2016-10-31 15:36:13] Rado : arbitrage001: of course it doesn't
[2016-10-31 15:36:17] Rado : that's not the point
[2016-10-31 15:36:34] Rado : rules should be the same for all instruments that are of the same type
[2016-10-31 15:36:59] rapidtrades : honestly if u ppl can't see why using a 0.27 price for liquidations and margin is wrong when polo is at .73 i dunno what to tell u
[2016-10-31 15:37:16] Rado : otherwise there is no consistency and rules can change all the time
[2016-10-31 15:37:31] rapidtrades : enjoy the daily stream of newbs to chat 'gus y did get liqudted when polos is at x'
[2016-10-31 15:37:40] rapidtrades : it will be a f mess
[2016-10-31 15:37:52] j8 : rapidtrades: if there was ZEC margin trading you might see that ZEC is super expensive to short, and the basis makes sense
[2016-10-31 15:38:03] arbitrage001 : rapidtrades: learn the rules and try to exploit it
[2016-10-31 15:38:05] rapidtrades : might as well mark this shit as ZEC-300%
[2016-10-31 15:38:09] arbitrage001 : that is how one profit
[2016-10-31 15:38:15] rapidtrades : arbitrage001: im not touching this shit
[2016-10-31 15:38:20] arbitrage001 : then dont
[2016-10-31 15:38:28] rapidtrades : burned twice is enough, i learned my lesson from bitfinex
[2016-10-31 15:38:35] chromaticcr1 : aren't you in deep shit right now? -2.7BTC deep
[2016-10-31 15:38:40] rapidtrades : gives ppl another chance and they will screw u
[2016-10-31 15:38:54] rapidtrades : chromaticcr1: yea keeping that and not adding shit
[2016-10-31 15:39:06] rapidtrades : hopefully they don't delist the contract
[2016-10-31 15:40:00] rapidtrades : there's too many ppl with green names here
[2016-10-31 15:40:13] Rado : ha ha
[2016-10-31 15:40:31] CaptainDean : rapidtrades: I agree trading ZEC at the moment is way to risky
[2016-10-31 15:40:36] CaptainDean : too*
[2016-10-31 15:40:59] Rado : not sure if BitMEX can add more colors to the chat app
[2016-10-31 15:42:20] rapidtrades : it's pointless to argue until we see what they do
[2016-10-31 15:42:52] Rado : http://www.blockcdn.org/ CDN platform build on top of Ethereum
[2016-10-31 15:42:57] rapidtrades : bitmex ignores 99% of input and what they implement will be months down the line
[2016-10-31 15:42:58] Rado : ICO November
[2016-10-31 15:46:11] Rado : https://t.co/W4Wkf7T5my
[2016-10-31 15:46:26] Rado : Live map of reachable nodes in the #Bitcoin network
[2016-10-31 15:49:49] sleger : everything is built on top of ethereum
[2016-10-31 15:50:57] Amanni : have any one held about dis company http://www.cashtrading.com.ng/
[2016-10-31 15:55:00] Rado : Amanni: seems like a crappy site
[2016-10-31 15:56:09] Smartass : Amanni: give the money rather to me than to those guys ;)
[2016-10-31 15:56:11] Amanni : sure crappy
[2016-10-31 15:56:46] Amanni : they got me already
[2016-10-31 15:57:25] Amanni : i just parted away 180 bitc
[2016-10-31 15:57:29] Smartass : Amanni: why would you do that so many good sites - Bitfinex is o.k. too or Poloni or shapeshift...
[2016-10-31 15:57:51] Smartass : what is bitc
[2016-10-31 15:59:25] Amanni : bitcoin
[2016-10-31 16:00:33] coinrun : Long ZEC
[2016-10-31 16:10:05] Amanni : guys how can will report that site before another victim emerge
[2016-10-31 16:13:05] TwinnerD : Amanni: are you retarded?
[2016-10-31 16:15:14] MrRGnome : Amanni: Are you saying you lost 180 btc to some random scam site?
[2016-10-31 16:16:14] Amanni : yes i did
[2016-10-31 16:16:43] Amanni : and i so wish i can beat my brain so badly
[2016-10-31 16:17:20] sally : Amanni: did you just get into btc or something ? wth lol
[2016-10-31 16:19:17] MrRGnome : Amanni: Buddy that's insane. What motivated you to trust so much money to someone else? I wouldn't even trust that much here - anywhere really
[2016-10-31 16:19:45] Amanni : like i wanted cash fast
[2016-10-31 16:20:02] MrRGnome : Amanni: How did you buy 180 btc? Why not go back the same way you came in
[2016-10-31 16:20:31] Amanni : how do u mean
[2016-10-31 16:20:41] MrRGnome : You got 180 btc from somewhere
[2016-10-31 16:20:56] MrRGnome : Was it the same site that scammed you? How did you get your 180 btc and why didn't you use the same service
[2016-10-31 16:23:08] Amanni : i do have a blockchian acct
[2016-10-31 16:23:59] arbitrage001 : Amanni: should do homework and research before you send anyone money
[2016-10-31 16:24:16] MrRGnome : I'm amazed you managed to get 180 btc without any clear idea how
[2016-10-31 16:24:20] arbitrage001 : and understand bitcoin before making any "investment"
[2016-10-31 16:24:53] arbitrage001 : MrRGnome: many lawyers, doctors and engineers think they are smarter than anyone else
[2016-10-31 16:25:23] arbitrage001 : and they do make good money on the services they provide
[2016-10-31 16:25:31] arbitrage001 : hence easy target from con-man
[2016-10-31 16:25:43] MrRGnome : And some people pretend to be lawyers to pretend to be smarter than everyone else. *cough* rapidtrades *cough*
[2016-10-31 16:26:30] MrRGnome : Amanni: Well whatever happened, I'm genuinely sorry for you. Was 180 btc more than you could afford to lose?
[2016-10-31 16:28:40] TwinnerD : guys, don't beleive the troll
[2016-10-31 16:28:50] MrRGnome : Amanni: Uh... that site you linked doesn't even deal in bitcoin do you have any idea what you are talking about? I'm doubting that these 180 btc even existed
[2016-10-31 16:30:04] Amanni : just a moment am send evidence
[2016-10-31 16:31:02] arbitrage001 : Amanni: report to the authority
[2016-10-31 16:31:12] coinrun : http://www.cnbc.com/2016/10/31/new-bitcoin-rival-promises-anonymity-for-online-purchases.html
[2016-10-31 16:31:20] arbitrage001 : giving us evidence serve no purpose
[2016-10-31 16:31:58] arbitrage001 : coinrun: nice
[2016-10-31 16:31:58] MrRGnome : coinrun: Wow what a garbage story by someone who doesn't understand zcash
[2016-10-31 16:32:15] arbitrage001 : coinrun: more retail traders take notice == fomo
[2016-10-31 16:33:14] coinrun : Just posting the article. No bias here. Just interesting to note that ZEC hasnt really dumped with bid support at POLO
[2016-10-31 16:33:20] coinrun : We may be in for some fun
[2016-10-31 16:33:29] arbitrage001 : yeah
[2016-10-31 16:33:42] arbitrage001 : will be happy if it hit 5btc
[2016-10-31 16:33:43] MrRGnome : for sure. That ugly child is going to move every direction
[2016-10-31 16:33:47] blacktuesday : I had a limit sell oder to short 1 zcash at 0.289 - I woke up today to see it got filled, and then 5hrs later there was a buy order at 0.433499 that closed my position. any idea what happened here? was this ADL or liquidation that closed my position? How can I check what happened ( not a big deal, just curious).
[2016-10-31 16:33:47] tomato : bitmex have APP trade？
[2016-10-31 16:34:16] coinrun : Shorts shouldnt trade zec on leverage/margin
[2016-10-31 16:34:28] arbitrage001 : blacktuesday: you got margin call
[2016-10-31 16:34:29] coinrun : good feeling yous guys are going to get liquidated.
[2016-10-31 16:34:32] chromaticcr1 : tomato: no there isn't an app for Bitmex
[2016-10-31 16:34:49] chromaticcr1 : only mobile version of the trading webpage
[2016-10-31 16:34:50] MrRGnome : you can install bitmex using ios or andriod by click "add to homescreen"
[2016-10-31 16:34:59] MrRGnome : gives more native functionality and alerts
[2016-10-31 16:35:33] sleger : "coinrun: Shorts shouldnt trade zec on leverage/margin" <- lol
[2016-10-31 16:35:46] sleger : coinrun: explain how to short zec NOT on margin ?
[2016-10-31 16:36:17] coinrun : change to 1x
[2016-10-31 16:36:30] Amanni : October 29 @ 10:28 PM Sent To: 3FRmawgyVwX8zhcfiX5wdNNb2SoRNj8CmJ From: My Bitcoin Wallet Add a description $177.50 Transaction Confirmed Value when Sent : $180.04 Transaction Fee: $0.08
[2016-10-31 16:36:43] arbitrage001 : coinrun: what if zcash hit 1000 btc
[2016-10-31 16:36:55] coinrun : Ill be rich @arbitrage001
[2016-10-31 16:36:57] sleger : coinrun: no
[2016-10-31 16:37:02] MrRGnome : Amanni: bahahaha
[2016-10-31 16:37:04] arbitrage001 : how much margin will be needed to short, i mean
[2016-10-31 16:37:07] MrRGnome : "I lost 180 btc!"
[2016-10-31 16:37:11] sleger : coinrun: that's still on margin dummy
[2016-10-31 16:37:23] coinrun : 1x is on margin?
[2016-10-31 16:37:26] TwinnerD : Amanni: lol 180$
[2016-10-31 16:37:29] TwinnerD : you are scum
[2016-10-31 16:37:35] TwinnerD : master troll
[2016-10-31 16:37:35] coinrun : please explain genius
[2016-10-31 16:37:37] thomaskikansha : naked shorts :S
[2016-10-31 16:37:52] sleger : coinrun: think about it
[2016-10-31 16:38:07] coinrun : Already did. You are not using leverage
[2016-10-31 16:38:12] MrRGnome : coinrun: Since there is no price cieling you are always on margin when shorting without a 1x stop
[2016-10-31 16:38:14] chromaticcr1 : if you hover your cursor to the word "mrgin" in "open position"...
[2016-10-31 16:38:17] coinrun : hence 1x
[2016-10-31 16:38:18] sleger : yes you are @coinrun
[2016-10-31 16:38:23] TwinnerD : coinrun: you are wrong
[2016-10-31 16:38:23] Amanni : u guys funny that no be better bar
[2016-10-31 16:38:26] chromaticcr1 : you can see a detailed explanation of what is "margin"
[2016-10-31 16:38:32] wurstgelee : lol wtf. suprnova back up, now nicehash in maintenance....
[2016-10-31 16:38:37] wurstgelee : fuckers
[2016-10-31 16:39:19] arbitrage001 : let's collectively pump zcash to 10btc
[2016-10-31 16:39:28] arbitrage001 : pretty sure someone will get adled
[2016-10-31 16:39:41] wurstgelee : arbitrage001: i would love to have some more orders filled first tbh :p
[2016-10-31 16:39:55] chromaticcr1 : 0.5 is more than enough for adl'ing ppl
[2016-10-31 16:39:59] arbitrage001 : then pump it back down to 0.2
[2016-10-31 16:40:02] rapidtrades : arbitrage001: would be better to wait for announcement
[2016-10-31 16:40:03] wurstgelee : also means more low shorts -> more adl
[2016-10-31 16:40:05] wurstgelee : ;)
[2016-10-31 16:40:12] MrRGnome : I'm not playing with zec anymore, too scary. I'mma get me some meth bounce.
[2016-10-31 16:40:21] wurstgelee : :D
[2016-10-31 16:40:23] sleger : coinrun: did you figure it out ?
[2016-10-31 16:40:25] rapidtrades : so the panic of shorts helps u
[2016-10-31 16:40:31] wurstgelee : rapidtrades: ofc
[2016-10-31 16:40:42] wurstgelee : so far aqll is going well ;)
[2016-10-31 16:40:45] wurstgelee : *all
[2016-10-31 16:40:56] rapidtrades : imagine how much money if that liq fund
[2016-10-31 16:41:06] rapidtrades : they#ve been rapin ppl for 3 days now
[2016-10-31 16:41:18] rapidtrades : maybe we could ush to 9-10 without ADL
[2016-10-31 16:41:30] MrRGnome : rapidtrades: but people have been getting ADLed too, if there is ADL nothing is going intot he insurance fund the fund is empty
[2016-10-31 16:41:33] rapidtrades : 10x profits on 90% of our coins
[2016-10-31 16:41:51] rapidtrades : MrRGnome: ah are u sure? anyone ADLed?
[2016-10-31 16:41:53] coinrun : sleger: nope.
[2016-10-31 16:41:54] wurstgelee : also breakeven reached. bought hash for 3 btc, still have 0.7 of that running
[2016-10-31 16:41:58] chromaticcr1 : nah, 1.25x is already 3 lights, people are probably at great leverage
[2016-10-31 16:42:04] MrRGnome : rapidtrades: I guess I'm not sure on anything inthe last 24 hours
[2016-10-31 16:42:31] wurstgelee : chromaticcr1: i am on 1x - and i have 4 lights
[2016-10-31 16:42:32] sleger : chromaticcr1: short 1 etc on 1x and see what your liq price is dummy
[2016-10-31 16:42:52] sleger : chromaticcr1: sorry wasnt for you
[2016-10-31 16:42:59] sleger : short 1 etc on 1x and see what your liq price is dummy @coinrun
[2016-10-31 16:43:15] MrRGnome : sleger: You could maybe argue a short with a 1x margin stop loss isn't leveraged, even though it technically is
[2016-10-31 16:43:16] chromaticcr1 : wurstgelee: then seems like you are in a lot of profit
[2016-10-31 16:43:23] chromaticcr1 : great one
[2016-10-31 16:43:27] wurstgelee : chromaticcr1: oops, may bad. i must have switched to 1.25
[2016-10-31 16:43:37] sleger : MrRGnome: it is leveraged and esp it is on margin, what he said
[2016-10-31 16:43:39] wurstgelee : k, 1x still 4 lights
[2016-10-31 16:43:49] rapidtrades : that's lame
[2016-10-31 16:43:57] rapidtrades : fund must be empty
[2016-10-31 16:44:00] wurstgelee : chromaticcr1: not really, rather small at these levels
[2016-10-31 16:44:12] wurstgelee : yep, no fund
[2016-10-31 16:44:18] arbitrage001 : wurstgelee: actually, you could mean your counterparty is using high leverage
[2016-10-31 16:44:19] wurstgelee : easy adl
[2016-10-31 16:44:22] chromaticcr1 : that means liq party is easy to go with
[2016-10-31 16:44:30] wurstgelee : chromaticcr1: makes sense
[2016-10-31 16:44:37] arbitrage001 : wurstgelee: small pump will adl him and get you profit
[2016-10-31 16:45:09] wurstgelee : you get closed if your counterparty causes adl?
[2016-10-31 16:45:17] arbitrage001 : wurstgelee: yes
[2016-10-31 16:45:18] wurstgelee : wait, that makes sense
[2016-10-31 16:45:20] wurstgelee : yep
[2016-10-31 16:45:26] wurstgelee : excellent :D
[2016-10-31 16:45:36] arbitrage001 : wurstgelee: go exploit it ..
[2016-10-31 16:45:56] wurstgelee : as mentioned earlier...orders...waiting....i have patience ;)
[2016-10-31 16:46:01] chromaticcr1 : ain't got the money to do so
[2016-10-31 16:46:10] wurstgelee : theres a 24h warning to marking
[2016-10-31 16:46:13] wurstgelee : so no need to rush
[2016-10-31 16:46:14] rapidtrades : the more we talk about the more asks these tools add
[2016-10-31 16:46:18] MrRGnome : arbitrage001: I think okcoin uses a counterparty system while adl uses a queue determined by leverage and pnl
[2016-10-31 16:46:31] arbitrage001 : MrRGnome: maybe
[2016-10-31 16:46:35] rapidtrades : woodchipper does clawbacks
[2016-10-31 16:46:40] rapidtrades : no ADL there
[2016-10-31 16:47:00] arbitrage001 : when i enter my small zcash position with low leverage, all my lights are on
[2016-10-31 16:47:13] rapidtrades : that sucks
[2016-10-31 16:47:15] arbitrage001 : come back 2 hours later, my counterparty got adl
[2016-10-31 16:47:23] rapidtrades : i only have 1 but then again im long since 3
[2016-10-31 16:47:33] chromaticcr1 : either everyone is going all crazy or you are the only one profiting
[2016-10-31 16:47:36] wurstgelee : rapidtrades: still the one from the missed exit?
[2016-10-31 16:47:46] rapidtrades : 1 light
[2016-10-31 16:48:09] wurstgelee : of, big loss atm...very unlikely to get adl ;)
[2016-10-31 16:48:12] wurstgelee : *c
[2016-10-31 16:48:19] wurstgelee : hence 1 light
[2016-10-31 16:49:27] lockhedge : MrRGnome: CryptoFacilities closes your counterparty's position, here it's a central counterparty and positions with the highest leveraged profits get closed
[2016-10-31 16:49:45] coinrun : Iceberg ZEC sell order at .295 BTC disappeared
[2016-10-31 16:49:58] rapidtrades : good, f that guy
[2016-10-31 16:50:29] arbitrage001 : lockhedge: nice then
[2016-10-31 16:50:39] arbitrage001 : lockhedge: use the light as an indicator to pump
[2016-10-31 16:50:59] arbitrage001 : or dump
[2016-10-31 16:51:07] rapidtrades : lockhedge is a shortie
[2016-10-31 16:51:14] rapidtrades : f*cking traitor
[2016-10-31 16:51:39] arbitrage001 : rapidtrades: shorting new coin takes courage
[2016-10-31 16:51:53] arbitrage001 : and insanity
[2016-10-31 16:51:59] rapidtrades : doesn't take that much courage with the cap
[2016-10-31 16:52:00] chromaticcr1 : and margin
[2016-10-31 16:52:27] MrRGnome : even shorting zcash at 10 was a huge gamble on whether or no bitmex would hold their cap. There has never been a safe zcash short
[2016-10-31 16:52:56] CapitalGains : arbitrage001: do you have enough margin to short safely, taking the short squeezes into account?
[2016-10-31 16:53:04] coinrun : This looks like a basing pattern on ZECZ16
[2016-10-31 16:53:04] wurstgelee : MrRGnome: :)
[2016-10-31 16:53:16] arbitrage001 : CapitalGains: there can never be enough margin to short
[2016-10-31 16:53:56] lopol : so one whale would destory all zec shortes with one huge buy?
[2016-10-31 16:54:04] coinrun : lopol: yep lol
[2016-10-31 16:54:11] arbitrage001 : lopol: yes
[2016-10-31 16:54:24] aethlios : lopol: only those with liq. price below 10
[2016-10-31 16:54:25] coinrun : domino effect
[2016-10-31 16:54:38] MrRGnome : goes in either direction really, low volume markets ar elike that
[2016-10-31 16:54:41] lockhedge : rapidtrades: i'm not trading ZEC. didn't have the balls to short it
[2016-10-31 16:54:42] MrRGnome : i.e. manipulated
[2016-10-31 16:56:15] CapitalGains : lockhedge: because of the mentioned domino effect, going long has actually become an attractive offer (with a low bid). Then the deleveraging works in your favour
[2016-10-31 16:57:01] wurstgelee : lopol: u dont happen have to char "_" in your twitter handle? ;)
[2016-10-31 16:57:05] wurstgelee : just guessing
[2016-10-31 16:57:15] wurstgelee : *to=the
[2016-10-31 16:57:38] chromaticcr1 : 14 hours since last short liq of ZECZ16 @ 0.36