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

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

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2016-11-01 15:05:21] chromaticcr1 : 老韭菜而已，14年死多到15年初，疼死了
[2016-11-01 15:05:21] wurstgelee : usually like that, isnt it?
[2016-11-01 15:05:21] MrRGnome : lots of new users from zcash and the asia expansion
[2016-11-01 15:05:23] arbitrage001 : everyone here making money?
[2016-11-01 15:05:40] zecz : ZEC will reach 5-100 BTC again, to little amount of coins
[2016-11-01 15:05:41] MrRGnome : Nope, just losing it
[2016-11-01 15:05:43] laisee : Z$, yes
[2016-11-01 15:05:54] zecz : before the bubble crash for good
[2016-11-01 15:05:59] wurstgelee : zecz: speaking of polo users... ;)
[2016-11-01 15:06:06] laisee : Trump will make ZEC greate again
[2016-11-01 15:06:14] uncleyao : chromaticcr1: 比特币期货碰不得啊。。
[2016-11-01 15:06:32] arbitrage001 : zecz: i will be happy if the contract settle at 3
[2016-11-01 15:06:50] wurstgelee : zecz: what you are trying to do doesnt work here. sorry. ;)
[2016-11-01 15:07:05] chromaticcr1 : uncleyao: 期货套利那些的，然后这个月我现在重返当年（14年）峰值的资产了
[2016-11-01 15:07:17] laisee : happy if it settless at spot
[2016-11-01 15:07:28] chromaticcr1 : uncleyao: 玩可玩，别大赌
[2016-11-01 15:07:30] wurstgelee : lol
[2016-11-01 15:08:10] arbitrage001 : open interest is rather small
[2016-11-01 15:08:13] wurstgelee : so...noone is using his twitter handle in here it seems? besides lockhedge?
[2016-11-01 15:08:17] wurstgelee : ;)
[2016-11-01 15:08:22] arbitrage001 : quite conservative user base
[2016-11-01 15:08:53] wurstgelee : arbitrage001: the non conservatives got burned and went home =)
[2016-11-01 15:09:07] uncleyao : chromaticcr1: i am a loser。
[2016-11-01 15:09:40] chromaticcr1 : uncleyao: -_- 大家投资风格不同而已
[2016-11-01 15:09:41] wurstgelee : u are missing a "baby" in case u are referring to beck
[2016-11-01 15:09:45] lockhedge : wurstgelee: robotfinance is my twitter handle
[2016-11-01 15:09:58] wurstgelee : lockhedge: oh, lol...i mixed something up
[2016-11-01 15:10:05] wurstgelee : thought u were someone different
[2016-11-01 15:10:11] wurstgelee : i know yours too tho
[2016-11-01 15:10:13] wurstgelee : ;)
[2016-11-01 15:10:28] arbitrage001 : wurstgelee: what is your view on bitfinex token?
[2016-11-01 15:10:43] arbitrage001 : think bitfinex can survive 10 years and repay everyone?
[2016-11-01 15:10:55] wurstgelee : tbh i watched that whole finex thing from the sidelines
[2016-11-01 15:11:02] wurstgelee : i didnt/dont even have an account there
[2016-11-01 15:11:08] wurstgelee : i was happy i wasnt involved
[2016-11-01 15:11:14] wurstgelee : and i didnt want to ;)
[2016-11-01 15:11:21] arbitrage001 : you dont hedge your btc?
[2016-11-01 15:11:25] wurstgelee : arbitrage001: nope
[2016-11-01 15:11:30] wurstgelee : never did
[2016-11-01 15:11:46] uncleyao : 是不是我掉线了
[2016-11-01 15:11:54] uncleyao : 我打的话都看补考
[2016-11-01 15:11:57] arbitrage001 : competition going to heat up for exchange
[2016-11-01 15:11:59] wurstgelee : bought ~2 btc in 2014, first sell back to fiat was summer 2016
[2016-11-01 15:12:07] wurstgelee : for premanent cash dumping purposes
[2016-11-01 15:12:11] chromaticcr1 : uncleyao: 看到啊～
[2016-11-01 15:12:13] arbitrage001 : i dont think bitfinex will do well long term
[2016-11-01 15:12:15] uncleyao : 恩好了。。
[2016-11-01 15:12:25] arbitrage001 : largely due to their management team
[2016-11-01 15:12:42] BitMEX_Sam : Except rip off our frontend :)
[2016-11-01 15:12:43] wurstgelee : arbitrage001: only slinging shitcoins for 2 years then bitmex
[2016-11-01 15:13:08] arbitrage001 : wurstgelee: got burn by alt coins here
[2016-11-01 15:13:15] arbitrage001 : so i rarely touch them
[2016-11-01 15:13:34] wurstgelee : arbitrage001: got burned as well. but somehow always managed to get less burned than not burned
[2016-11-01 15:13:36] arbitrage001 : unless there is a big obvious opportunity
[2016-11-01 15:13:38] wurstgelee : didnt have coins on gox
[2016-11-01 15:13:51] wurstgelee : non on mintpal (removed all in time)
[2016-11-01 15:14:01] arbitrage001 : got lucky on gox here
[2016-11-01 15:14:03] wurstgelee : none on cryptsy (removed in time)
[2016-11-01 15:14:09] wurstgelee : never got hacked.
[2016-11-01 15:14:12] arbitrage001 : move my money away 6 months before they shut down
[2016-11-01 15:14:12] wurstgelee : lucky me ;)
[2016-11-01 15:14:23] arbitrage001 : paid btc premium
[2016-11-01 15:14:27] uncleyao : chromaticcr1: 那你工作了么？
[2016-11-01 15:14:36] wurstgelee : well ok, i a maybe a little more cautious than average peoiple...comes with it job
[2016-11-01 15:14:37] wurstgelee : =)
[2016-11-01 15:14:46] arbitrage001 : which exchange you use?
[2016-11-01 15:14:49] arbitrage001 : bitstamp?
[2016-11-01 15:14:52] wurstgelee : arbitrage001: bitcoin.de
[2016-11-01 15:15:00] wurstgelee : backed by a bank
[2016-11-01 15:15:20] wurstgelee : working as an escrow system
[2016-11-01 15:15:23] arbitrage001 : is it possible for foreigner to use?
[2016-11-01 15:15:26] wurstgelee : yes
[2016-11-01 15:15:28] wurstgelee : world wide
[2016-11-01 15:15:37] arbitrage001 : but i need german bank account?
[2016-11-01 15:15:43] wurstgelee : it works via bank transfer
[2016-11-01 15:15:45] wurstgelee : no
[2016-11-01 15:16:00] wurstgelee : trades gets executed, ecchange freezes the btc
[2016-11-01 15:16:01] wurstgelee : u pay
[2016-11-01 15:16:05] wurstgelee : btc unlocked
[2016-11-01 15:16:08] wurstgelee : or vice versa
[2016-11-01 15:16:11] lockhedge : afaik you'll get a bank account (fidor bank) there
[2016-11-01 15:16:22] wurstgelee : lockhedge: you can have one for instant settlement
[2016-11-01 15:16:23] wurstgelee : yes
[2016-11-01 15:16:32] wurstgelee : fidor uses ripple protocol for that
[2016-11-01 15:16:39] wurstgelee : first bank worldwide to do that
[2016-11-01 15:16:43] wurstgelee : 2 years now almost
[2016-11-01 15:16:48] wurstgelee : hardly anyone knows :)
[2016-11-01 15:17:13] wurstgelee : instant cash transfer from account to account
[2016-11-01 15:17:20] wurstgelee : awesome feature
[2016-11-01 15:18:38] laisee : can get EUR account with Fidor w/out living in Europe?
[2016-11-01 15:18:44] arbitrage001 : wurstgelee: how hard is it for non-local to open a fidor account?
[2016-11-01 15:18:50] wurstgelee : laisee: not sure, u would have to check
[2016-11-01 15:18:56] arbitrage001 : pretty much same question as laisee
[2016-11-01 15:18:57] laisee : k
[2016-11-01 15:19:00] wurstgelee : ;)
[2016-11-01 15:19:15] wurstgelee : u really dont need that account
[2016-11-01 15:19:25] wurstgelee : u dont even have to put account detaqils there
[2016-11-01 15:19:31] wurstgelee : oh you have
[2016-11-01 15:19:33] wurstgelee : for receiving
[2016-11-01 15:19:33] laisee : EUR account with BTC channel would be great
[2016-11-01 15:19:41] arbitrage001 : laisee: yes
[2016-11-01 15:19:51] wurstgelee : its a regular, fully regulated bank
[2016-11-01 15:19:55] wurstgelee : not different to any other bank
[2016-11-01 15:20:03] arbitrage001 : any unregulated bank?
[2016-11-01 15:20:06] laisee : cool
[2016-11-01 15:20:07] wurstgelee : lol
[2016-11-01 15:20:09] wurstgelee : good point
[2016-11-01 15:20:11] wurstgelee : =)
[2016-11-01 15:20:18] laisee : arbitrage001: bugsria
[2016-11-01 15:20:25] laisee : bulgaria
[2016-11-01 15:20:32] REKT : Liquidated long on `XBTZ16`: Sell 1000 @ 772.15
[2016-11-01 15:20:44] wurstgelee : oh, we retracing
[2016-11-01 15:22:20] arbitrage001 : fully btc hedged here
[2016-11-01 15:22:29] arbitrage001 : not a fan of holding btc
[2016-11-01 15:22:41] arbitrage001 : too viotile
[2016-11-01 15:22:59] arbitrage001 : volatile
[2016-11-01 15:23:02] wurstgelee : i never bothered for btc price until i decided to try bitmex
[2016-11-01 15:23:31] wurstgelee : the 2 btc i bought initially were for learning and gambling purposes only
[2016-11-01 15:23:55] wurstgelee : so never bothered about things like hedging etc...
[2016-11-01 15:23:56] arbitrage001 : you dont sound like gamble when you chat here
[2016-11-01 15:24:02] wurstgelee : and i still dont tbh
[2016-11-01 15:24:11] arbitrage001 : high probability winning bet
[2016-11-01 15:24:14] wurstgelee : arbitrage001: its educated gambling
[2016-11-01 15:24:16] wurstgelee : ;)
[2016-11-01 15:24:30] wurstgelee : i am probably doing the same as most here but with higher risk
[2016-11-01 15:24:42] arbitrage001 : dont think so
[2016-11-01 15:24:51] wurstgelee : dunno
[2016-11-01 15:24:58] arbitrage001 : zero sum game
[2016-11-01 15:24:59] wurstgelee : i dont do xbtusd below 50x usually for example
[2016-11-01 15:25:03] arbitrage001 : if you are winning a lot
[2016-11-01 15:25:08] wurstgelee : or z16 below 25
[2016-11-01 15:25:08] arbitrage001 : someone else is losing a lot
[2016-11-01 15:25:12] wurstgelee : things like that
[2016-11-01 15:25:13] wurstgelee : ;)
[2016-11-01 15:25:21] wurstgelee : arbitrage001: yes ofc
[2016-11-01 15:25:25] REKT : Liquidated long on `XBTUSD`: Sell 480 @ 728.12
[2016-11-01 15:25:32] REKT : Liquidated long on `XBTZ16`: Sell 13800 @ 768.28
[2016-11-01 15:25:32] REKT : Liquidated long on `XBTZ16`: Sell 4000 @ 768.79
[2016-11-01 15:25:33] javierstone : here she comes
[2016-11-01 15:26:13] wurstgelee : the main reason i never bothered with hedging is, that i never doubted btc will prevail on the long run
[2016-11-01 15:26:23] wurstgelee : so i could focus on increasing btc stash with alts
[2016-11-01 15:26:25] wurstgelee : ;)
[2016-11-01 15:26:35] arbitrage001 : all technology eventually outdated
[2016-11-01 15:26:38] wurstgelee : yes
[2016-11-01 15:26:46] arbitrage001 : surpass by newer tech
[2016-11-01 15:26:48] wurstgelee : ok...let me rephrase it:
[2016-11-01 15:27:00] arbitrage001 : thought eth or nxt platform were the replacement
[2016-11-01 15:27:03] javierstone : ya but bitcoin is tech + open source ethos + collective value
[2016-11-01 15:27:06] arbitrage001 : now zec
[2016-11-01 15:27:09] wurstgelee : i was always convinced there will be an opportunity to cash out btc for big stashes of cash
[2016-11-01 15:27:17] wurstgelee : before it eventually dies
[2016-11-01 15:27:18] wurstgelee : ;)
[2016-11-01 15:27:50] arbitrage001 : tech evolves a lot faster now than 10 years ago
[2016-11-01 15:27:54] wurstgelee : i know
[2016-11-01 15:28:01] laisee : but maybe BTC will die when the next greeat thing arrives ... like friendster, napster
[2016-11-01 15:28:04] wurstgelee : doubles each few years
[2016-11-01 15:28:11] wurstgelee : slowed down a bit recently tho
[2016-11-01 15:28:30] wurstgelee : was valid for decades
[2016-11-01 15:28:36] javierstone : i think the human desire thats driving tech advances has shifted
[2016-11-01 15:28:44] javierstone : we've got computers in our pockets
[2016-11-01 15:28:51] javierstone : we don't care about slimmer anymore
[2016-11-01 15:28:54] wurstgelee : shifted to entertainment?
[2016-11-01 15:28:55] javierstone : we care about privacy
[2016-11-01 15:28:55] wurstgelee : yes
[2016-11-01 15:28:57] laisee : unless u count damned javascripty libraries
[2016-11-01 15:29:01] wurstgelee : and other stuff
[2016-11-01 15:29:19] arbitrage001 : javierstone: and zec fit the requirement for privacy
[2016-11-01 15:29:33] arbitrage001 : assuming it doesnt scam userbase
[2016-11-01 15:29:40] javierstone : jury is out
[2016-11-01 15:29:46] javierstone : the volatility will scare people
[2016-11-01 15:29:47] wurstgelee : zec will be around a long time
[2016-11-01 15:29:55] wurstgelee : unless some major fuckup happens ofc
[2016-11-01 15:30:21] javierstone : crypto needs to prove itself to the world and it needs a single champ to do that
[2016-11-01 15:30:24] wurstgelee : javierstone: volatility will be reduced with increasing supply
[2016-11-01 15:30:38] wurstgelee : it wont be like the last days in the coming future
[2016-11-01 15:30:49] wurstgelee : no way
[2016-11-01 15:31:08] laisee : think the way for crypto to succeed will be via GA or AI generating mutstions to the code.
[2016-11-01 15:31:09] javierstone : ya but i see it from the perspective of wall street trader type who gets into it for the first time buys some zec at 8BTC and then gets fucked
[2016-11-01 15:31:27] javierstone : fukt
[2016-11-01 15:31:49] wurstgelee : javierstone: so he hates crypto then, he personally
[2016-11-01 15:32:04] javierstone : the next era of adoption thats important are the types that the winklevoss twins go to dinner parties with
[2016-11-01 15:32:05] wurstgelee : but no bank itself would ever buy into zec right now
[2016-11-01 15:32:33] MrRGnome : zec won't be a good holding buy for 4 years yet
[2016-11-01 15:32:34] javierstone : people who will put capital into infastructure that will make more use cases for crypto
[2016-11-01 15:32:37] laisee : wurstgelee: banks are investing in ripple now
[2016-11-01 15:32:56] wurstgelee : laisee: banks are using it.... (fidor)
[2016-11-01 15:33:00] javierstone : banks are fukt
[2016-11-01 15:33:07] wurstgelee : javierstone: they are desparate
[2016-11-01 15:33:08] MrRGnome : so is ripple
[2016-11-01 15:33:13] wurstgelee : trying to get on the train
[2016-11-01 15:33:21] wurstgelee : cryptotrain that is
[2016-11-01 15:33:23] javierstone : ya it reminds me of all the linux ipo's in the last 90's
[2016-11-01 15:33:54] laisee : not really, banks tend to be pretty aggressive once they see benefits and some of them have survival genes
[2016-11-01 15:34:03] wurstgelee : blockchains are most likely the future of inter-bank communications tho
[2016-11-01 15:34:14] wurstgelee : in the not-so-far future
[2016-11-01 15:34:15] laisee : e.g. my last bank has been around for 300 years
[2016-11-01 15:34:39] laisee : wurstgelee: thats happending now, in small ways
[2016-11-01 15:34:46] wurstgelee : laisee: i know
[2016-11-01 15:34:51] wurstgelee : thats why i am sure it is the future
[2016-11-01 15:34:52] wurstgelee : =)
[2016-11-01 15:35:07] wurstgelee : *general future
[2016-11-01 15:35:19] javierstone : i just think btc is particularly interesting in that it combines alot of niche themes that have been ciruclating in tech for the last two decades and combines them in a way that trascends anything we've seen in tech before
[2016-11-01 15:35:25] javierstone : like the miner situation with china is scary
[2016-11-01 15:35:40] javierstone : but what other piece of tech would force so many people to collaborate
[2016-11-01 15:36:00] wurstgelee : quantum computing will rearrange that
[2016-11-01 15:36:06] wurstgelee : i just dont know in which way
[2016-11-01 15:36:09] laisee : javierstone: BTC is cool, but quite underwhelming re scalability and turing limittations
[2016-11-01 15:36:25] wurstgelee : *the miner situation
[2016-11-01 15:36:25] javierstone : its not just open source mind sent becaue in those projects its alot easier to walk away, there's so much value tied into the system that from a democractic perspective forcing new types of pathways
[2016-11-01 15:37:19] javierstone : look at how much energy and value goes into the american election and its a mathematical system which was based on the distances that horses could travel in a reasonable amount of time
[2016-11-01 15:37:26] wurstgelee : maybe its just me. i know every word in that longass sentence but i dont understand what you are trying to say
[2016-11-01 15:37:34] wurstgelee : the previous one, not the last one
[2016-11-01 15:37:44] javierstone : hahaha sorry its hard to keep up in this crazy chat box
[2016-11-01 15:37:49] wurstgelee : :D
[2016-11-01 15:38:09] javierstone : i see bitcoin as a vehicle and engine to discover new types of democracy
[2016-11-01 15:38:13] laisee : javierstone: Bitcoin is quite cool, yes
[2016-11-01 15:38:22] wurstgelee : javierstone: ahh ;)
[2016-11-01 15:38:32] wurstgelee : laisee: i think everyone in here agrees on that :D
[2016-11-01 15:38:39] lockhedge : is BitMEX getting ddos'ed or is your engine overloaded by our orders, @BitMEX_Wally? my bot recently often can't cancel/update orders during big moves because of timeouts, like this bid at 727.31 that got filled during a timeout http://imgur.com/a/jnPPu
[2016-11-01 15:39:03] wurstgelee : lockhedge: there were some massive lag issues in the last days
[2016-11-01 15:39:11] wurstgelee : starting with zcash launch
[2016-11-01 15:39:14] javierstone : its gonna get crazy for the next month
[2016-11-01 15:39:17] laisee : wurstgelee: agreeing to help shorten the text walls ... ;-)
[2016-11-01 15:39:18] wurstgelee : dunno if those are still occuring
[2016-11-01 15:39:39] wurstgelee : laisee: nah...btc is pretty cool. also textwalls ofc
[2016-11-01 15:40:18] BitMEX_Wally : lockhedge: We have some pretty strict risk checks around liquidations that can lag sometimes, let me check
[2016-11-01 15:40:39] javierstone : (sorry coffee)
[2016-11-01 15:41:19] BitMEX_Wally : lockhedge: There was a liquidation at 2016.11.01 15:25:21 UTC and 2016.11.01 15:25:26 UTC
[2016-11-01 15:43:12] wurstgelee : javierstone: np ;)
[2016-11-01 15:43:35] BitMEX_Wally : Ok this correlates with your timeout. My apologies, we have some ultra conservative risk checks on liquidations to make sure no-one goes into negative balance, and that liquidations are triggered correctly. I will optimise this
[2016-11-01 15:43:59] TwinnerD : BitMEX_Wally: if I go short XBTZ16 and manage to hold it until it gets settled, I get basically todays rate. Correct? no hidden fees there
[2016-11-01 15:44:23] BitMEX_Wally : TwinnerD: XBTZ16 correct, there are no funding fees, just the settlement fee of 0.05% at the end
[2016-11-01 15:44:43] TwinnerD : ok, so the problem seems to be to manage not getting margin called :p
[2016-11-01 15:44:55] rapidtrades : CAP IT
[2016-11-01 15:45:03] lockhedge : BitMEX_Wally: ok, thanks. could post a tighter spread (especially around liquidations) if the system is more reliable ;)
[2016-11-01 15:45:05] BitMEX_Wally : rapidtrades: Welcome back
[2016-11-01 15:45:08] TwinnerD : rapidtrades: its capped actually
[2016-11-01 15:45:12] TwinnerD : rapidtrades: true story
[2016-11-01 15:45:33] BitMEX_Wally : rapidtrades: You are on your last warning, if you insult us or shitpost you'll be permabanned
[2016-11-01 15:45:56] BitMEX_Wally : TwinnerD: Yes, the USD prices are capped at 1,000,000 USD
[2016-11-01 15:46:28] TwinnerD : yeah after ZEC I am testing each market with ridic high prices to see whats invalid asks
[2016-11-01 15:46:33] sleger : no risk shorting then :p
[2016-11-01 15:46:39] rapidtrades : 24hr Volume: 8502.60109342 BTC / 3684.60479439 ZEC
[2016-11-01 15:46:50] TwinnerD : rapidtrades: Healthy deposits and withdrawals
[2016-11-01 15:46:54] rapidtrades : ^ i'll just leave that there.....no comment needed
[2016-11-01 15:47:04] TwinnerD : indeed
[2016-11-01 15:48:11] TwinnerD : BitMEX_Wally: where do I see when a contract (XBTZ16 for example) was created? and when will the next one be created? Can I rollover easily or will there be a gap?
[2016-11-01 15:48:33] sleger : usually there is a gap
[2016-11-01 15:49:38] BitMEX_Wally : If we launch another quarterly then we will probably list it a few days before XBTZ16 expires so you can roll
[2016-11-01 15:50:08] TwinnerD : nice. So this one started on 01.10.2016?
[2016-11-01 15:50:12] REKT : Liquidated long on `XBTZ16`: Sell 10000 @ 768.23
[2016-11-01 15:52:35] wurstgelee : decided to long some here...ready to bail any second
[2016-11-01 15:54:27] sleger : BitMEX_Wally: can you list the various alt futures 24h before the perp swap expire ?
[2016-11-01 15:55:01] TwinnerD : wurstgelee: if I have lets say 1.5 BTC and I sell short 1 BTC of XBTZ16, I should never be able to be liquidated, right?
[2016-11-01 15:55:20] TwinnerD : you are german, so you must be clever
[2016-11-01 15:55:36] wurstgelee : lol no
[2016-11-01 15:57:05] laisee : TwinnerD: trade on testnet for a while and learn at no cost ;-)
[2016-11-01 15:58:02] BitMEX_Wally : sleger: The altcoin swaps are expiring on a Friday at 12:00 which is when the 7D futures would also expire...
[2016-11-01 15:58:06] TwinnerD : where can I find said testnet?
[2016-11-01 15:58:17] BitMEX_Wally : https://testnet.bitmex.com
[2016-11-01 15:58:30] wurstgelee : nope. i am out
[2016-11-01 15:58:32] wurstgelee : ;)
[2016-11-01 15:58:34] sleger : BitMEX_Wally: you can list the next futures instead
[2016-11-01 15:58:52] sleger : like what bitvc does
[2016-11-01 15:59:31] TwinnerD : BitMEX_Wally: thx
[2016-11-01 16:01:12] TwinnerD : BitMEX_Wally: liq. Price: 100000000.00 this actually is just a placeholder for infinity right?
[2016-11-01 16:01:32] BitMEX_Wally : TwinnerD: Correct
[2016-11-01 16:01:43] TwinnerD : btw love your exchange
[2016-11-01 16:01:45] wurstgelee : oh fuck
[2016-11-01 16:02:16] rapidtrades : prices on polo went up 3.22x...if we were marked to polo, even at 300% basis, we would be trading closer to 1 not 0.6
[2016-11-01 16:02:30] wurstgelee : dump for me baby
[2016-11-01 16:02:31] wurstgelee : :D
[2016-11-01 16:02:37] wurstgelee : *retrace a bit please
[2016-11-01 16:02:45] TwinnerD : wurstgelee: are you ZEC only or also trading BTC?
[2016-11-01 16:02:45] BitMEX_Wally : Current fair basis setting is -450%
[2016-11-01 16:02:46] BitMEX_Greg : rapidtrades: Good buy then?
[2016-11-01 16:02:48] rapidtrades : cos yday Sam was saying that marking it to polo wouldn't matter
[2016-11-01 16:02:56] BitMEX_Wally : So the fair price is currently 0.618018
[2016-11-01 16:03:01] wurstgelee : TwinnerD: zec and btc atm
[2016-11-01 16:03:09] rapidtrades : BitMEX_Wally: now but not yday when we were having the discussion
[2016-11-01 16:03:10] BitMEX_Wally : Fair price is within the bid and offer
[2016-11-01 16:03:17] BitMEX_Wally : Yeah it's a moveable feast
[2016-11-01 16:03:26] wurstgelee : i just fatfingered tho...
[2016-11-01 16:03:28] BitMEX_Wally : It's been around -450% for 24 hours now
[2016-11-01 16:03:38] wurstgelee : hence "oh fuck"
[2016-11-01 16:03:40] wurstgelee : ;)
[2016-11-01 16:04:18] rapidtrades : another major problem with the current margin system is that as shorts sell, their next ZEC comes at a lower cost (because we're marked to last)
[2016-11-01 16:04:34] rapidtrades : for the longs its the opposite, every long is more expensive margin-wise
[2016-11-01 16:04:45] rapidtrades : so there's an inherent bias toward shorts
[2016-11-01 16:06:52] wurstgelee : wa're having quite a premium here ;)
[2016-11-01 16:06:54] wurstgelee : *we
[2016-11-01 16:09:48] arbitrage001 : rapidtrades: your logic is flawed
[2016-11-01 16:10:05] arbitrage001 : price is currently favoring long
[2016-11-01 16:10:12] wurstgelee : arbitrage001: "logic"
[2016-11-01 16:10:17] arbitrage001 : not sure why you are complaining
[2016-11-01 16:10:35] wurstgelee : arbitrage001: because he is long since 3 btc per zec
[2016-11-01 16:10:42] wurstgelee : thats the only reason
[2016-11-01 16:11:06] arbitrage001 : just buy more then
[2016-11-01 16:11:18] arbitrage001 : at huge discount
[2016-11-01 16:11:18] wurstgelee : he "doesnt add to losers"
[2016-11-01 16:11:25] rapidtrades : +1
[2016-11-01 16:11:33] wurstgelee : thats bullshit in thise case
[2016-11-01 16:11:42] wurstgelee : because he would have easily made tha back and won some
[2016-11-01 16:12:08] rapidtrades : hindsight is 20/20
[2016-11-01 16:12:11] laisee : long @ 3.00 ... deep under water
[2016-11-01 16:12:33] rapidtrades : and the rally here was much smaller then on polo, so staying out was not the worst idea i made
[2016-11-01 16:12:37] wurstgelee : thats dug in in ground 3000m under surface
[2016-11-01 16:13:16] rapidtrades : i should've switched my long here for polo when we were 0.3 and 0.7...but again hindsight :)
[2016-11-01 16:13:39] rapidtrades : extra 0.4 BTC for an actual piece of the one true coin
[2016-11-01 16:14:28] laisee : patience grasshoper ... the Mark will happen
[2016-11-01 16:14:36] wurstgelee : 731.00 96584 17:01:06 S
[2016-11-01 16:14:39] wurstgelee : that was my fuckup
[2016-11-01 16:14:46] wurstgelee : thought its 9600
[2016-11-01 16:14:50] wurstgelee : not 96k ffs
[2016-11-01 16:15:11] rapidtrades : if this rally holds up for 2-3 days we could see prices turning higher
[2016-11-01 16:15:57] laisee : wurstgelee: sausage fingers ... ouch
[2016-11-01 16:16:25] wurstgelee : laisee: down to a bit more comfortable size now
[2016-11-01 16:16:26] wurstgelee : ;)
[2016-11-01 16:16:27] cess : Anyone see this rally moving up to 760 by Friday?
[2016-11-01 16:17:18] rapidtrades : i don't but i've been saying that since 614 :)
[2016-11-01 16:18:20] wurstgelee : phew
[2016-11-01 16:18:25] wurstgelee : out +/- 0
[2016-11-01 16:18:26] wurstgelee : ;)
[2016-11-01 16:18:37] cess : I think the effect of zcash is really pushing it
[2016-11-01 16:19:21] rapidtrades : could be, 24h volume for zcash is huge at 8,000 btc
[2016-11-01 16:19:25] wurstgelee : close call ;)
[2016-11-01 16:22:30] viptrader : time to short BTC
[2016-11-01 16:22:31] viptrader : :)
[2016-11-01 16:24:21] TwinnerD : wurstgelee: any sure-fire way to reduce the position in the ADL queue?
[2016-11-01 16:25:14] dasdfasdf : add more margin
[2016-11-01 16:25:23] sleger : TwinnerD: change your chat color to green
[2016-11-01 16:25:39] dasdfasdf : lime green
[2016-11-01 16:25:39] TwinnerD : sleger: how?
[2016-11-01 16:25:50] sleger : i dont know, I was born like that
[2016-11-01 16:26:01] zecz : ZEC :(
[2016-11-01 16:26:08] zecz : gg
[2016-11-01 16:28:21] zecz : looks like a burst bubble
[2016-11-01 16:28:30] zecz : what if only bot traded it from 0,8 to 3,6
[2016-11-01 16:28:57] zecz : joke market on polo, wont trade futures again,hehe
[2016-11-01 16:30:39] rapidtrades : whether u like it or not polo has 24h volume at 8k and we have 0.5k, and they trade actual ZEC
[2016-11-01 16:30:54] rapidtrades : so don't see how it can be a 'joke'
[2016-11-01 16:42:52] aethlios : polo 24H vol. 3750 zec, total zec supply 2465, so one exchange traded total supply 152% in 24H, so this is manipulation from bots.
[2016-11-01 16:44:02] aethlios : zcash looks like coordinated scam with well known bitcoiners, barry silbert, roger ver etc.
[2016-11-01 16:44:03] CapitalGains : You don't need all that much BTC to manipulate the ZEC market
[2016-11-01 16:46:10] thomaskikansha : where can I see the total ZEC supply?
[2016-11-01 16:46:40] CapitalGains : http://coinmarketcap.com/currencies/zcash/
[2016-11-01 16:46:58] Yuppie : is this ZEC supply true?
[2016-11-01 16:47:13] Yuppie : Looks very low to me...as if mining is extremely difficult
[2016-11-01 16:47:33] aethlios : https://explorer.zcha.in/
[2016-11-01 16:47:38] NL007 : Yuppie: yes
[2016-11-01 16:47:55] aethlios : dily supply increases until reaches stable 7200/day on dy 36
[2016-11-01 16:48:01] NL007 : Yuppie: supply growth will accalerate coming days
[2016-11-01 16:48:35] NL007 : on day 34-35 supply will be 127000 zec
[2016-11-01 16:48:36] Yuppie : Sure that there is enough mining power to extract the supply?
[2016-11-01 16:48:54] NL007 : Yuppie: difficulty adjusts
[2016-11-01 16:49:00] aethlios : Yuppie: yes irrelevant, one pc can do that
[2016-11-01 16:49:37] NL007 : aethlios: true
[2016-11-01 16:50:03] aethlios : dec. 30 303,000 zex supply, 122 times more than now
[2016-11-01 16:50:42] sleger : why don't gold miners switch to ZEC ? They surely have lots of experience no ?
[2016-11-01 16:51:28] NL007 : sleger: Gold miners?
[2016-11-01 16:51:35] sleger : gold miners
[2016-11-01 16:51:41] kradiav : ZEC Genesis payouts going out within the following hours, dump will follow
[2016-11-01 16:53:15] NL007 : devs are making a killing on zec
[2016-11-01 16:53:29] NL007 : everyday tens of btcs
[2016-11-01 16:54:06] zecz : kradiav: all?
[2016-11-01 16:54:17] kradiav : today's payouts
[2016-11-01 16:54:56] kradiav : most have their poloniex wallet address so they go directly for sale
[2016-11-01 16:57:25] troll1 : can you not trade on here in decimals, just whole integeers?
[2016-11-01 16:57:52] zecz : 24 confirmations takes a while
[2016-11-01 16:59:27] kradiav : yeap, that's why I said hours
[2016-11-01 17:03:10] NL007 : why are zec futures so low
[2016-11-01 17:03:29] rapidtrades : how long does it usually take for polo to introduce margin trading to new coins?
[2016-11-01 17:04:12] NL007 : zec went from 0.7 to 2btc and futures went from 0.3 to 0.5 now
[2016-11-01 17:04:46] rapidtrades : yes u've been here a few days, u know the ZEC market here is broken
[2016-11-01 17:04:56] kradiav : it used to be one 10th... now it's a quarter... still overvalued
[2016-11-01 17:05:33] NL007 : rapidtrades: i think the 10 cap broke zec
[2016-11-01 17:05:44] NL007 : O-o
[2016-11-01 17:06:34] kradiav : polo did its own thing, it didn't care at all what was happening here
[2016-11-01 17:07:09] rapidtrades : how long does it usually take for polo to introduce margin trading to new coins? <
[2016-11-01 17:07:32] NL007 : rapidtrades: polo hasnt added a new coin to marging for many months. Even Etc wasnt added which had huge volume
[2016-11-01 17:07:46] rapidtrades : ah ok
[2016-11-01 17:07:54] rapidtrades : cos ZEC is 2nd now by volume
[2016-11-01 17:08:18] rapidtrades : prolly not gonna happen then
[2016-11-01 17:08:29] NL007 : rapidtrades: ETC was number 1 and was never added
[2016-11-01 17:08:38] rapidtrades : weird
[2016-11-01 17:08:55] NL007 : yes
[2016-11-01 17:09:34] NL007 : they have their own rules
[2016-11-01 17:09:51] public username 321 : no block in zec network for 35 minutes. That's a lot with those short blocktimes. Is it broken already?
[2016-11-01 17:10:07] NL007 : sometimes they add very unknown coins and leave others out
[2016-11-01 17:10:07] wurstgelee : go back to polo
[2016-11-01 17:10:08] wurstgelee : ;)
[2016-11-01 17:10:23] BitMEX_Sam : public username 321: Explorer is broken, that's all
[2016-11-01 17:10:24] kradiav : they try to block sales of coins by DDoSing the network #FUD
[2016-11-01 17:10:33] BitMEX_Sam : Notice block height is 2824 but last block in the list is 2806
[2016-11-01 17:11:04] wurstgelee : BitMEX_Sam: he is trolling
[2016-11-01 17:11:06] public username 321 : BitMEX_Sam: do you know an explorer that currently works?
[2016-11-01 17:11:12] wurstgelee : oh maybe not
[2016-11-01 17:11:14] wurstgelee : sorry
[2016-11-01 17:11:15] wurstgelee : :)
[2016-11-01 17:11:28] NL007 : BitMEX_Sam: yes its halve broken
[2016-11-01 17:12:17] BitMEX_Sam : I don't know of any other working explorers, ours is a bit broken as well
[2016-11-01 17:12:29] BitMEX_Sam : We run https://zchain.info/insight/ which shows live data but not historical data
[2016-11-01 17:12:41] CaptainDean : Good afternoon
[2016-11-01 17:12:43] BitMEX_Sam : Haven't had the time this week to fix it yet.
[2016-11-01 17:12:57] NL007 : BitMEX_Sam: such a huge coin and devs havent a working explorer
[2016-11-01 17:13:10] BitMEX_Sam : Yeah. It's a Bitcoin fork so it technically should not be very hard
[2016-11-01 17:13:17] BitMEX_Sam : Issue is the difference between t-addrs and z-addrs, mainly
[2016-11-01 17:13:54] NL007 : https://z.cash/blog/state-of-the-network-2016-10-31.html
[2016-11-01 17:14:01] public username 321 : ok, thanks.
[2016-11-01 17:14:34] NL007 : any chance zerocoin gets added here?
[2016-11-01 17:15:53] sleger : Please let's stay serious
[2016-11-01 17:16:00] sleger : if rapid dresses up as a thai "lady", would Arthur make out with him ?
[2016-11-01 17:16:33] BitMEX_Greg : haha
[2016-11-01 17:17:14] NL007 : lol
[2016-11-01 17:17:27] rapidtrades : sleger: what I find disturbing is that in order for u to type that out, you would've had to have the image of me dressed up as a lady in ur head
[2016-11-01 17:17:38] rapidtrades : get help man
[2016-11-01 17:17:43] NL007 : sleger: possible
[2016-11-01 17:19:50] wurstgelee : BitMEX_Greg: could we have a prediction market for that?
[2016-11-01 17:20:33] wurstgelee : oh wait
[2016-11-01 17:20:38] wurstgelee : rapidtrades: youre no lady?
[2016-11-01 17:22:07] rapidtrades : polo sentiment on ZEC is still negative despite the jump
[2016-11-01 17:23:08] sleger : please stay focus on the real issue here
[2016-11-01 17:23:33] sleger : what dress color do you think he would prefer ?
[2016-11-01 17:23:37] wurstgelee : sleger: has rapid got the right dresses for the job?
[2016-11-01 17:23:42] wurstgelee : ha, similar :)
[2016-11-01 17:33:18] rapidtrades : sleger: did u short zec yday around 0.9?
[2016-11-01 17:33:25] sleger : rapidtrades: no
[2016-11-01 17:33:40] sleger : i had an offer at 9.9 though
[2016-11-01 17:33:57] rapidtrades : idk u seemed very gunho about the rally and it's not like u to help ppl
[2016-11-01 17:34:36] sleger : entertainment, it was fun, i did long some and sell slightly higher each time, only made 0.x btc though
[2016-11-01 17:35:08] rapidtrades : ah...ADL is a bitch
[2016-11-01 17:35:16] rapidtrades : too many shorts at low levels
[2016-11-01 17:35:17] sleger : no i took quick profits
[2016-11-01 17:35:23] rapidtrades : ok
[2016-11-01 17:35:39] sleger : I've lost enough on zec
[2016-11-01 17:36:13] rapidtrades : yea it's been a tough year to short alts :)
[2016-11-01 17:36:37] rapidtrades : i haven't done it cos we're still in the bubble
[2016-11-01 17:37:21] TwinnerD : inb4 REKT
[2016-11-01 17:37:36] sleger : I'm glad you finally came out of the closet though ! @rapidtrades
[2016-11-01 17:37:40] rapidtrades : man ZEC is holding up much better then ppl thought
[2016-11-01 17:37:51] rapidtrades : it's day 5 now and still above 1 BTC
[2016-11-01 17:38:46] rapidtrades : so when can we expect significant jumps in mined coins?
[2016-11-01 17:38:58] NL007 : rapidtrades: for how long i dont give zec 72hrs
[2016-11-01 17:39:50] NL007 : rapidtrades: https://twitter.com/DoctorBitcoin/status/791756187905687556
[2016-11-01 17:40:04] NL007 : look at this chart
[2016-11-01 17:40:38] rapidtrades : thanks that table was helpful
[2016-11-01 17:40:55] NL007 : at day 35 supply will grow with 7154 a day
[2016-11-01 17:41:12] NL007 : 0-o
[2016-11-01 17:41:47] rapidtrades : and after 27 day does it keep at 5k per day or
[2016-11-01 17:41:56] rapidtrades : what happens in december
[2016-11-01 17:42:17] NL007 : it will grow untill day 35
[2016-11-01 17:42:36] rapidtrades : ok so not too bad then
[2016-11-01 17:42:36] NL007 : till it reaches 7154 a day
[2016-11-01 17:43:02] rapidtrades : perfect
[2016-11-01 17:43:17] NL007 : on day 35 we will have 127000+ zec coins
[2016-11-01 17:43:31] rapidtrades : sounds good, everyone should own one
[2016-11-01 17:43:52] NL007 : not good for price
[2016-11-01 17:44:21] rapidtrades : lot of it has to be priced in
[2016-11-01 17:44:41] rapidtrades : litecoin topped out 3 months before halving, bitcoin did it 1 month before
[2016-11-01 17:44:50] zecz : 350 000 coins when contract settles for cash
[2016-11-01 17:45:04] rapidtrades : these things don't happen on schedule, market discounts
[2016-11-01 17:46:37] viptrader : guys
[2016-11-01 17:46:41] viptrader : why the market price
[2016-11-01 17:46:53] viptrader : is different then actual price on bitmex
[2016-11-01 17:46:54] thomaskikansha : 1BTC in 1 month seems still realistic
[2016-11-01 17:46:56] viptrader : what to follow
[2016-11-01 17:47:18] viptrader : my liq price hit when mark price gets to it
[2016-11-01 17:47:24] viptrader : or bitmex price get to it
[2016-11-01 17:47:31] NL007 : thomaskikansha: i think 0.1 is more realistic
[2016-11-01 17:48:04] Slashterix : exactly, can't expect parity from an immature coin yet
[2016-11-01 17:48:10] rapidtrades : viptrader: on ZEC liquidations happen on last price, the polo quote u see is meaningless for now
[2016-11-01 17:48:17] sleger : viptrader: 走出衣柜
[2016-11-01 17:48:25] viptrader : btc
[2016-11-01 17:48:31] viptrader : perputal swap
[2016-11-01 17:48:33] viptrader : not zec
[2016-11-01 17:48:34] rapidtrades : ah...then mark is correct
[2016-11-01 17:48:47] rapidtrades : mark will be used for liquidation
[2016-11-01 17:48:55] viptrader : ok thnx
[2016-11-01 17:49:04] viptrader : i was sweating a bit
[2016-11-01 17:49:05] viptrader : :)
[2016-11-01 17:49:07] rapidtrades : it's only 0.8 difference now
[2016-11-01 17:49:28] viptrader : 5$
[2016-11-01 17:49:31] viptrader : difference
[2016-11-01 17:49:32] rapidtrades : ah nvm right
[2016-11-01 17:49:59] viptrader : how im in profit, if i entered a short at 732
[2016-11-01 17:50:00] viptrader : ?
[2016-11-01 17:50:09] viptrader : this is weird
[2016-11-01 17:50:12] rapidtrades : ur not, it's based on mark
[2016-11-01 17:50:28] BitMEX_Greg : viptrader: Mark price is now 729.40
[2016-11-01 17:50:29] rapidtrades : if u sell on market it would be at a loss
[2016-11-01 17:50:35] viptrader : oh ok
[2016-11-01 17:50:41] viptrader : pnl is green
[2016-11-01 17:50:43] BitMEX_Greg : There is currently a premium on the traded market over Mark Price
[2016-11-01 17:50:57] rapidtrades : viptrader: ignore pnl watch ur entry price
[2016-11-01 17:51:01] sleger : viptrader: why are you pink ?
[2016-11-01 17:51:12] viptrader : ok
[2016-11-01 17:51:15] viptrader : thanks guys
[2016-11-01 17:52:35] rapidtrades : sleger: that capped funding fee isn't working out too well is it
[2016-11-01 17:53:00] sleger : Wally said they might lower leverage to 50x if that is the case
[2016-11-01 17:53:14] sleger : we discussed it when you were banned for the 3rd time