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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[2016-11-02 11:42:07] wurstgelee : seafood: u dont need buyers for settlement
[2016-11-02 11:42:12] wurstgelee : or sellers etc..
[2016-11-02 11:42:12] BitMEX_Wally : You can take those prices, or you can place your own order for the order book
[2016-11-02 11:42:35] rapidtrades : ofc the variable is time...ur likely not gonna see that profit before dec
[2016-11-02 11:43:09] seafood : Okay, but this is where I get confused again. Let's go with a hypothetical situation where _everyone_ buys contracts for a price which is lower than the final price in December.
[2016-11-02 11:43:26] BitMEX_Wally : They have to buy the contracts from a seller
[2016-11-02 11:43:33] BitMEX_Wally : So for every long contract there is a short contract
[2016-11-02 11:43:58] rapidtrades : think of it this way...prices here are low cos 90% of ppl here are degen gamblers
[2016-11-02 11:44:02] seafood : Okay, so it _can_ be hard to get a contract if the counterpart doesn't exist.
[2016-11-02 11:44:20] wurstgelee : seafood: if no counterpart offers the contract at the price u desire.... ;)
[2016-11-02 11:44:23] wurstgelee : yep
[2016-11-02 11:44:32] wurstgelee : but thats not different to spot ;)
[2016-11-02 11:44:44] wurstgelee : u cant sell if noone wants to buy and vice versa
[2016-11-02 11:44:55] wurstgelee : @ the a given price
[2016-11-02 11:45:00] wurstgelee : *-a
[2016-11-02 11:49:12] TwinnerD : BitMEX_Wally: how often is the leaderboard updated?
[2016-11-02 11:49:22] BitMEX_Wally : TwinnerD: Once a day I think
[2016-11-02 11:50:54] TwinnerD : thank Wall-E
[2016-11-02 11:54:46] rapidtrades : 24hr Volume: 3654.82498529 BTC / 1929.02437568 ZEC
[2016-11-02 11:55:41] sleger : ok but the price is still too high
[2016-11-02 11:56:12] rapidtrades : :)
[2016-11-02 11:56:16] BitMEX_Wally : Nothing a -450% basis rate won't solve
[2016-11-02 11:56:44] TwinnerD : BitMEX_Wally: is there a way to disable the order amendement in chart? I like to space out and randomly click on my screen when I am bored
[2016-11-02 11:57:27] mrp1nk : sup
[2016-11-02 11:58:12] BitMEX_Wally : TwinnerD: I don't think so, but there is a `Warning: Order Amend May Execute` popup if you amend it to aggress
[2016-11-02 11:59:15] sleger : just dont randomly click on it
[2016-11-02 12:00:23] wurstgelee : lol
[2016-11-02 12:00:29] wurstgelee : such funding fun
[2016-11-02 12:00:30] wurstgelee : :D
[2016-11-02 12:00:33] TwinnerD : sleger: I lost about 50k$ in poker to stupid missclicks
[2016-11-02 12:00:36] rapidtrades : BitMEX_Wally: is the marking closer to days or weeks?
[2016-11-02 12:00:44] TwinnerD : I don't know to turn my brain farts off
[2016-11-02 12:01:07] wurstgelee : you dont. learn to live with them ;)
[2016-11-02 12:01:16] habibi : TwinnerD: why didn't u stop clicking after first stupid expensive click?
[2016-11-02 12:01:28] wurstgelee : haha
[2016-11-02 12:01:31] TwinnerD : habibi: that's not how people work
[2016-11-02 12:01:36] rapidtrades : tilted prolly
[2016-11-02 12:01:48] TwinnerD : habibi: have you ever played 16 tables 6max poker? ;)
[2016-11-02 12:02:15] habibi : TwinnerD: nope, i guess that's why i did not lost 50k on stupid missclicks
[2016-11-02 12:02:33] BitMEX_Wally : rapidtrades: months
[2016-11-02 12:03:01] wurstgelee : BitMEX_Wally: u serious?
[2016-11-02 12:03:11] sleger : of course
[2016-11-02 12:03:14] sleger : around dec 1st
[2016-11-02 12:03:21] wurstgelee : thats not months
[2016-11-02 12:03:31] sleger : maybe jan or feb even
[2016-11-02 12:03:47] sleger : and cap might be lower to 2.999999
[2016-11-02 12:04:09] rapidtrades : BitMEX_Wally: it's a srs q...cos if its a matter of weeks then remove the cap...its an unnecessary tail risk for both u and the traders
[2016-11-02 12:04:28] wurstgelee : "By 1 December 2016, we aim to announce the settlement exchange(s)."
[2016-11-02 12:04:32] wurstgelee : =)
[2016-11-02 12:04:42] sleger : "aim"
[2016-11-02 12:04:44] rapidtrades : with prices so much below, ppl can't be relying on it anymore
[2016-11-02 12:04:45] wurstgelee : lol
[2016-11-02 12:04:46] wurstgelee : wtf
[2016-11-02 12:04:50] wurstgelee : when did they add "aim"?
[2016-11-02 12:05:08] wurstgelee : this was a set date...
[2016-11-02 12:05:23] sleger : no because it's at discretion anyways
[2016-11-02 12:06:10] wurstgelee : let me check,..
[2016-11-02 12:07:30] BitMEX_Wally : It is very likely that we will choose Poloniex as the reference exchange on or before 1 December. No other exchange is more liquid
[2016-11-02 12:08:02] wurstgelee : BitMEX_Wally: tbh, noone really expected it to be any other exchange than polo, no? ;)
[2016-11-02 12:08:23] BitMEX_Wally : Yeah, but when we launched the contract Poloniex hadn't even confirmed it would list ZEC
[2016-11-02 12:08:30] wurstgelee : right
[2016-11-02 12:08:36] wurstgelee : noone had
[2016-11-02 12:08:38] wurstgelee : ;)
[2016-11-02 12:08:55] BitMEX_Wally : rapidtrades: No promises but we'll probably move to fair price marking within a week or so
[2016-11-02 12:09:25] BitMEX_Wally : rapidtrades: And given that spot is at 1.53 XBT I cannot believe you really are concerned about a 10 XBT price cap?
[2016-11-02 12:09:56] wurstgelee : not any more ;) but that cap got moved up to 100 anyways now?
[2016-11-02 12:10:11] rapidtrades : like i said it's a unnecessary tail risk....odds are prolly <5% but why risk it?
[2016-11-02 12:10:38] BitMEX_Wally : Risk for who? The longs?
[2016-11-02 12:11:14] rapidtrades : yes and for u as well...what if polo ralllies and stays above 10
[2016-11-02 12:11:29] BitMEX_Wally : Yeah and pigs might fly
[2016-11-02 12:13:38] kradiav : haha
[2016-11-02 12:14:43] wurstgelee : BitMEX_Wally: well.. i agree it wont happen...but u didnt expect the launch day happenings either ;)
[2016-11-02 12:14:48] wurstgelee : neither did i
[2016-11-02 12:20:07] rapidtrades : In financial markets low probability events happen more frequently and are much more severe then ppl expect
[2016-11-02 12:20:42] rapidtrades : seems like an unwise risk to take for saving 1 email...but its ur call
[2016-11-02 12:25:31] mrp1nk : prolly oldnews for some, but still https://www.ft.com/content/fc1f083d-ed79-3cc7-831c-3e16088a43c8
[2016-11-02 12:26:32] mrp1nk : paywall bypass: google BoC+pulls+back+from+Rmb+weakening+streak+with+stronger+fix
[2016-11-02 12:51:59] NL007 : hi
[2016-11-02 13:17:47] REKT : Liquidated long on `XBTZ16`: Sell 250 @ 761.66
[2016-11-02 13:26:48] NL007 : https://www.cryptocoinsnews.com/zcash-bug-prevents-private-transactions-soon-after-launch/
[2016-11-02 13:27:48] REKT : Liquidated long on `XBTUSD`: Sell 10 @ 724.18
[2016-11-02 13:27:57] martinium : sell Mortimer sell!
[2016-11-02 13:32:02] TwinnerD : I pussied out and closed the short at 0.38
[2016-11-02 13:32:11] TwinnerD : so stupid.. will be at 0.1 within a day I am sure
[2016-11-02 13:39:05] NL007 : zcash anon technology doesnt even work
[2016-11-02 13:39:33] NL007 : all the hype about nothing
[2016-11-02 13:39:36] NL007 : lol
[2016-11-02 13:41:45] RoftheN : What do you mean, it does'nt work?
[2016-11-02 13:41:46] wurstgelee : NL007: thats bullshit
[2016-11-02 13:42:08] kingkrung : about zecz16. If I spekulate the price will be lower than 0.38 btc at 30 Dez I will sell, eg short it. is this correct?
[2016-11-02 13:42:17] wurstgelee : kingkrung: yes. basically
[2016-11-02 13:42:23] NL007 : kingkrung: yes
[2016-11-02 13:42:27] wurstgelee : you should have enough margin tho
[2016-11-02 13:42:41] wurstgelee : to not get margin called on random doubles here ;)
[2016-11-02 13:42:44] NL007 : RoftheN: https://www.cryptocoinsnews.com/zcash-bug-prevents-private-transactions-soon-after-launch/
[2016-11-02 13:42:59] kingkrung : I now margin trading from polo. ok thanks
[2016-11-02 13:43:27] wurstgelee : NL007: thats been already adressed.
[2016-11-02 13:43:35] REKT : Liquidated short on `LSKXBT`: Buy 40000 @ 0.000268
[2016-11-02 13:43:38] wurstgelee : tehre is a workaround which works with 1.0.0
[2016-11-02 13:43:51] wurstgelee : also 1.0.1 will fix it permanently
[2016-11-02 13:44:00] wurstgelee : its now flaw in concept, its a small bug, nothing else
[2016-11-02 13:44:04] wurstgelee : *no
[2016-11-02 13:44:33] habibi : lol@funding rate on lisk, probaly u all already noticed that anyway :p
[2016-11-02 13:44:45] wurstgelee : :D
[2016-11-02 13:44:47] wurstgelee : yep
[2016-11-02 13:45:35] TwinnerD : ZEC fucks me again. I close and it tanks
[2016-11-02 13:45:41] sleger : tiny pos but made 0.6btc there
[2016-11-02 13:45:55] NL007 : sleger: nice
[2016-11-02 13:45:58] habibi : yep, hard to open bigger position there
[2016-11-02 13:46:52] Rado : TwinnerD: What do you mean it tanks?
[2016-11-02 13:46:58] Rado : it's 0.38
[2016-11-02 13:47:03] TwinnerD : Rado: did you see the big red dildo on polo?
[2016-11-02 13:47:05] Rado : I closed at 0.31
[2016-11-02 13:47:13] Rado : yesterday
[2016-11-02 13:47:19] Rado : so it's up :-)
[2016-11-02 13:47:46] RoftheN : ZEC never seems to hit my orders :(
[2016-11-02 13:47:52] Rado : I don't see it
[2016-11-02 13:48:28] sleger : someone sold into the 32k liq going to pay 3% funding, good job
[2016-11-02 13:48:38] wurstgelee : sleger: :D :D
[2016-11-02 13:48:41] NL007 : i bought another zec short
[2016-11-02 13:48:46] wurstgelee : someone didnt notice the "-" ... ;)
[2016-11-02 13:48:53] sleger : NL007: I sold another zec long
[2016-11-02 13:48:57] Rado : sleger: which contract?
[2016-11-02 13:48:59] NL007 : i hope it hits 0.3 again
[2016-11-02 13:49:03] sleger : lisk
[2016-11-02 13:49:12] wurstgelee : NL007: we all do ;)
[2016-11-02 13:49:26] Rado : wow
[2016-11-02 13:49:29] Rado : up to 3%
[2016-11-02 13:49:33] Rado : crazy
[2016-11-02 13:49:41] Rado : LSK already up 30%
[2016-11-02 13:49:41] wurstgelee : NL007: needs a few orders @ 38 to get filled first
[2016-11-02 13:49:46] NL007 : if zec tanks to 1.2btc it will hit 0.3
[2016-11-02 13:49:53] wurstgelee : plus i know at least of 2 dozen hidden orders :p
[2016-11-02 13:50:01] Rado : NL007: why do you want to buy it?
[2016-11-02 13:50:20] NL007 : Rado: i am shorting it
[2016-11-02 13:50:29] Rado : so you want to cover?
[2016-11-02 13:51:55] NL007 : Rado: if it hits 0.3 my position will be closed
[2016-11-02 13:53:48] arbitrage001 : NL007: have you been trading for long?
[2016-11-02 13:54:04] arbitrage001 : survive the up, down, hysterial, that is
[2016-11-02 13:54:09] arbitrage001 : and minia
[2016-11-02 13:54:13] arbitrage001 : mania
[2016-11-02 13:54:17] NL007 : arbitrage001: on other exchanges yes
[2016-11-02 13:54:28] NL007 : here only a few days
[2016-11-02 13:54:35] arbitrage001 : polo?
[2016-11-02 13:54:39] NL007 : yes
[2016-11-02 13:54:43] arbitrage001 : i see
[2016-11-02 13:54:45] NL007 : cryptsy
[2016-11-02 13:54:49] NL007 : cex
[2016-11-02 13:54:53] NL007 : yobit
[2016-11-02 13:54:53] arbitrage001 : should do fine if you can survive those two lol
[2016-11-02 13:55:01] wurstgelee : hehe ;)
[2016-11-02 13:55:11] wurstgelee : no trex in the list?
[2016-11-02 13:55:26] NL007 : also trex
[2016-11-02 13:55:28] NL007 : lol
[2016-11-02 13:55:31] wurstgelee : ;)
[2016-11-02 13:55:46] NL007 : a few others who died
[2016-11-02 13:58:04] TwinnerD : I'll short again big if it hits 0.77 again
[2016-11-02 13:59:01] arbitrage001 : TwinnerD: i will close a few if it hit 0.8
[2016-11-02 13:59:16] wurstgelee : arbitrage001: :D
[2016-11-02 13:59:35] wurstgelee : ADL will close a few if it hits 0.8
[2016-11-02 13:59:39] arbitrage001 : wurstgelee: many will short from there down to .4
[2016-11-02 14:00:03] wurstgelee : a lot shorts opened down ~ .3 earlier
[2016-11-02 14:00:04] arbitrage001 : doubtful, only 3 green bar lights up
[2016-11-02 14:00:15] wurstgelee : 4
[2016-11-02 14:00:17] wurstgelee : ;)
[2016-11-02 14:00:31] wurstgelee : 4 on 1x
[2016-11-02 14:00:33] Rado : BTCC - We just launched a new USD/#bitcoin exchange with industry-leading rates and a unique, multi-tier referral program! https://bt.cc/usdexc
[2016-11-02 14:00:35] wurstgelee : shjould be good
[2016-11-02 14:00:43] NL007 : i doubt it will hit 0.8
[2016-11-02 14:00:50] wurstgelee : i dont
[2016-11-02 14:00:52] arbitrage001 : how many outstanding long own in term of outstanding contract?
[2016-11-02 14:00:59] arbitrage001 : you own
[2016-11-02 14:01:36] arbitrage001 : wurstgelee: 4 lights mean one of the counterparty using high margin
[2016-11-02 14:01:48] wurstgelee : arbitrage001: yes, i like it ;)
[2016-11-02 14:01:51] arbitrage001 : small push and you got them
[2016-11-02 14:01:56] arbitrage001 : you should lol
[2016-11-02 14:01:59] arbitrage001 : i know i would
[2016-11-02 14:02:04] wurstgelee : 21.45 btc aka 15 conts
[2016-11-02 14:03:01] wurstgelee : there should be 110 open atm
[2016-11-02 14:03:02] arbitrage001 : once you get them to adl, other short will most likely pile in again
[2016-11-02 14:03:04] wurstgelee : +/- 1
[2016-11-02 14:03:07] arbitrage001 : and price drop to 0.3
[2016-11-02 14:03:14] wurstgelee : waiting for it
[2016-11-02 14:03:30] wurstgelee : willing to add a few down there
[2016-11-02 14:03:32] wurstgelee : :)
[2016-11-02 14:05:00] TwinnerD : why is the funding rate not capped?
[2016-11-02 14:05:09] sleger : it is
[2016-11-02 14:05:09] TwinnerD : do they wonder why there is only 30k open interest?
[2016-11-02 14:05:39] wurstgelee : ? where is there?
[2016-11-02 14:06:21] sleger : only jung1 cares about lisk
[2016-11-02 14:06:33] wurstgelee : oh lisk
[2016-11-02 14:06:36] wurstgelee : lolz
[2016-11-02 14:08:50] javierstone : chinese btc volume way down
[2016-11-02 14:10:09] TwinnerD : sleger: at 3% this is far from traditional capped...
[2016-11-02 14:10:17] TwinnerD : where is the cap? 100%? :D
[2016-11-02 14:10:36] sleger : lower
[2016-11-02 14:10:44] sleger : as I said, it is capped
[2016-11-02 14:11:08] XBT_IHCT : what's capped?
[2016-11-02 14:11:56] sleger : everything is capped here
[2016-11-02 14:12:00] sleger : @CapMEX
[2016-11-02 14:13:25] XBT_IHCT : is the XBTUSD funding rate still calculated using buttfiness somehow?
[2016-11-02 14:13:54] sleger : XBT_IHCT: https://www.bitmex.com/app/contract/XBTUSD
[2016-11-02 14:15:34] TwinnerD : sleger: yes but where and how can I find this out?
[2016-11-02 14:15:39] TwinnerD : 3% is already ridiculous
[2016-11-02 14:16:13] XBT_IHCT : yeah! that's what I thought...
[2016-11-02 14:16:14] sleger : you're entitled to your opinions
[2016-11-02 14:16:16] TwinnerD : this is a APR of 11396225972759300%
[2016-11-02 14:16:34] wurstgelee : lol
[2016-11-02 14:16:35] wurstgelee : apr
[2016-11-02 14:16:38] wurstgelee : :D
[2016-11-02 14:16:45] sleger : apr is dumb as f
[2016-11-02 14:17:06] sleger : lisk rate goes from negative to positive and back all the time, its not always at +3%
[2016-11-02 14:17:23] TwinnerD : the current rate can be used to calculate current APR
[2016-11-02 14:17:30] TwinnerD : thats why its called annualized
[2016-11-02 14:17:55] sleger : thanks for sharing a meaningless number then
[2016-11-02 14:18:00] wurstgelee : so whats the apr for coins @ polo? oO
[2016-11-02 14:18:08] wurstgelee : usually?
[2016-11-02 14:19:08] TwinnerD : currently the highest is 4.7% APR for BTC
[2016-11-02 14:19:18] TwinnerD : all the others are much lower
[2016-11-02 14:19:50] TwinnerD : there are some peaks at like 200% APR but really seldom
[2016-11-02 14:20:04] wurstgelee : polo has last Price marking right? with no reference index?
[2016-11-02 14:20:13] wurstgelee : completely different thing
[2016-11-02 14:20:17] wurstgelee : thats y :)
[2016-11-02 14:20:49] TwinnerD : not arguing that, but I think it should be capped at like 1.5% daily or 0.5% each 8 hours
[2016-11-02 14:20:51] wurstgelee : leding rates there a solely a fuding incentive with zero risk
[2016-11-02 14:20:56] XBT_IHCT : TwinnerD: maybe but there is almost no turnover there on the BTC lending side of things is there.
[2016-11-02 14:20:57] wurstgelee : *n
[2016-11-02 14:21:11] sleger : TwinnerD: that is not true, i have lent coins for 2% per day at polo
[2016-11-02 14:21:13] wurstgelee : here funding is used to push the market to towards the index
[2016-11-02 14:21:30] wurstgelee : sleger: me 2 but i cba to start a discussion ;)
[2016-11-02 14:21:32] TwinnerD : sleger: extremely seldom though
[2016-11-02 14:21:43] wurstgelee : pumping coins have high lending rates there
[2016-11-02 14:21:55] sleger : "TwinnerD: there are some peaks at like 200% APR but really seldom"
[2016-11-02 14:22:03] sleger : 2% per day is much more than 200% APR
[2016-11-02 14:22:09] wurstgelee : "besides that its 4.5% or lower"
[2016-11-02 14:22:11] wurstgelee : ;)
[2016-11-02 14:22:53] wurstgelee : sleger: only a tad
[2016-11-02 14:22:56] wurstgelee : ~ 1377%
[2016-11-02 14:23:13] sleger : 1377% rounded down is about 200% indeed
[2016-11-02 14:23:54] TwinnerD : its still different to have a on demand rate and a forced rate thats pretty much uncapped
[2016-11-02 14:24:13] wurstgelee : its not uncapped. and it serves a different purpose here
[2016-11-02 14:24:21] wurstgelee : you cant compare that
[2016-11-02 14:24:32] TwinnerD : as I said, where can I find the cap?
[2016-11-02 14:24:41] wurstgelee : somwhere in the docs
[2016-11-02 14:24:43] wurstgelee : *e
[2016-11-02 14:25:06] wurstgelee : i cba to check because idk for lisk funding rates tbh
[2016-11-02 14:25:07] TwinnerD : search in all LSK docs, nowhere
[2016-11-02 14:25:15] XBT_IHCT : yesterday the funding index is at 0.8946% on 2016-11-01 20:00:00 entry so why did we only get 0.375%?
[2016-11-02 14:25:32] XBT_IHCT : cap?
[2016-11-02 14:25:34] thomaskikansha : 1.4's gone...new local low incoming
[2016-11-02 14:26:16] wurstgelee : TwinnerD: https://www.bitmex.com/app/swapsGuide#premium-index
[2016-11-02 14:26:29] sleger : XBT_IHCT: yes capped
[2016-11-02 14:26:29] wurstgelee : scroll down a bit, there is a paragraph about funding caps
[2016-11-02 14:26:53] wurstgelee : The absolute Funding Rate is capped at 75% of the Initial Margin - Maintenance Margin. If the Initial Margin is 2% and the Maintenance Margin is 0.5%, the maximum Funding Rate will be 75% * (2% - 0.5%)= 1.125%. The Funding Rate may not change by more than 75% of the Maintenance Margin between Funding Intervals.
[2016-11-02 14:27:35] sleger : so it's capped at 7.5% which is very reasonable for lisk
[2016-11-02 14:27:57] sleger : vely lisky after all
[2016-11-02 14:28:04] wurstgelee : ha
[2016-11-02 14:28:08] TwinnerD : rofl
[2016-11-02 14:28:25] TwinnerD : only 22.5% max per 24h
[2016-11-02 14:28:48] wurstgelee : if the market is pushing in on direction with full force and you join...
[2016-11-02 14:28:48] wurstgelee : yes
[2016-11-02 14:28:53] wurstgelee : *one
[2016-11-02 14:29:04] wurstgelee : *against the index ofc
[2016-11-02 14:29:21] sleger : now funding rate will go down because that idiot of habibi talked about it in chat, thanks again
[2016-11-02 14:29:36] wurstgelee : sleger: u care for lisk?
[2016-11-02 14:29:43] sleger : i collect the funding yes
[2016-11-02 14:30:04] sleger : made 0.6btc with tiny positions
[2016-11-02 14:30:09] wurstgelee : yeah, read that... was referring to only jung cares for... ;)
[2016-11-02 14:30:22] sleger : i dont cale now
[2016-11-02 14:33:03] TwinnerD : sleger: can you tell me what influences the chat color?
[2016-11-02 14:33:24] sleger : how much money you have in your balance
[2016-11-02 14:33:32] sleger : blue is cold = tiny
[2016-11-02 14:33:45] sleger : green is like the color of the $$$ = mega rich
[2016-11-02 14:34:16] sleger : if you deposit like 500btc or more you can become green
[2016-11-02 14:34:36] TwinnerD : helpful thanks -.-
[2016-11-02 14:34:40] wurstgelee : oO
[2016-11-02 14:34:45] wurstgelee : its random...
[2016-11-02 14:34:46] sleger : that also enables you to withdraw ZEC
[2016-11-02 14:34:50] wurstgelee : haha
[2016-11-02 14:34:53] TwinnerD : wurstgelee: can't be random
[2016-11-02 14:35:00] wurstgelee : TwinnerD: y?
[2016-11-02 14:35:03] TwinnerD : I was red a few days ago. I guess its account ager
[2016-11-02 14:35:05] laisee : thought colors maped to IQ
[2016-11-02 14:35:21] wurstgelee : no clue
[2016-11-02 14:35:27] wurstgelee : maybe
[2016-11-02 14:35:28] wurstgelee : idc
[2016-11-02 14:35:37] XBT_IHCT : laisee: that is correct.
[2016-11-02 14:35:40] sleger : idc=?
[2016-11-02 14:35:45] wurstgelee : i dont care
[2016-11-02 14:35:47] TwinnerD : laisee: can't be IQ or do you compare yourself to rapidtrades?
[2016-11-02 14:35:56] sleger : ouch
[2016-11-02 14:36:01] wurstgelee : that hurt
[2016-11-02 14:36:11] laisee : I'm not on his level for anything that can bea measured
[2016-11-02 14:36:26] sleger : TwinnerD: its random, when we said account age it was obv a joke
[2016-11-02 14:36:55] laisee : not true. sleger paid extra to get his color.
[2016-11-02 14:37:50] sleger : i got a discount though
[2016-11-02 14:38:00] sleger : 5 btc instead of 10
[2016-11-02 14:38:26] laisee : bargain!
[2016-11-02 14:38:38] wurstgelee : 5 btc per x chromosome. rapid paid 10.
[2016-11-02 14:38:55] laisee : 10 DOGE
[2016-11-02 14:38:59] sleger : oh you're gonna get him his 4th ban
[2016-11-02 14:39:27] laisee : can get banned for naked taunting?
[2016-11-02 14:39:31] wurstgelee : oh right, thats his button....
[2016-11-02 14:39:33] wurstgelee : i forgot
[2016-11-02 14:39:48] laisee : ... I fought the law ...
[2016-11-02 14:40:51] wurstgelee : someone tell btc to get his act together and push over 5k again please
[2016-11-02 14:41:05] XBT_IHCT : done!
[2016-11-02 14:41:17] wurstgelee : thank you
[2016-11-02 14:43:14] laisee : called the CEO, he will be in office soon
[2016-11-02 14:45:32] rapidtrades : on no....the CEO of ZEC is coming here?
[2016-11-02 14:46:47] laisee : once he has smoked up a storm
[2016-11-02 14:47:09] TwinnerD : rapidtrades: he can't he overdosed on the joy the retard traders gave him
[2016-11-02 14:47:50] laisee : ... smoke ZEC every day ... ;-)
[2016-11-02 14:48:22] wurstgelee : i am not the vape guy but storm was one, right?
[2016-11-02 14:48:27] wurstgelee : *is
[2016-11-02 14:49:00] Rado : the biggest winners right now are founders and miners
[2016-11-02 14:49:13] Rado : selling their coins over 1 BTC
[2016-11-02 14:49:19] Rado : I wish I was mining
[2016-11-02 14:49:23] laisee : investors?
[2016-11-02 14:49:26] wurstgelee : its not that profitable to mine atm
[2016-11-02 14:49:36] Rado : founders = investors
[2016-11-02 14:49:41] wurstgelee : noone has reasonable hashes at home
[2016-11-02 14:49:50] Rado : wurstgelee: what does it take to mine 1 ZEC?
[2016-11-02 14:49:51] TwinnerD : wurstgelee: true but the guys that bought the month long contracts at a theoretical price of 0.05 ZEC make bank now
[2016-11-02 14:49:53] chromaticcr1 : time for email reading :), ZEC to da moon
[2016-11-02 14:50:04] wurstgelee : TwinnerD: yep. those guys are happy :D
[2016-11-02 14:50:13] wurstgelee : also they got adl a few times
[2016-11-02 14:50:18] laisee : Rado: ZEC took 3M in investment from non-founders.
[2016-11-02 14:50:33] wurstgelee : but they rebought like a robot after each adl. i heard.
[2016-11-02 14:50:35] Rado : laisee: that;s what I mean when I say founders
[2016-11-02 14:50:36] TwinnerD : unfortunately I would never touch cloudmining unfortunately. I always think its scam
[2016-11-02 14:50:36] sally : zec is mined %500 more profitable then other alt coins right now
[2016-11-02 14:50:37] wurstgelee : ;)
[2016-11-02 14:50:38] Rado : everyone that invested
[2016-11-02 14:50:47] wurstgelee : sally: thats not true
[2016-11-02 14:50:58] wurstgelee : source?
[2016-11-02 14:50:58] Rado : wurstgelee: prove?
[2016-11-02 14:51:15] sally : oh no I made that up *eyeroll
[2016-11-02 14:51:15] Rado : I agree with sally
[2016-11-02 14:51:16] sally : http://whattomine.com/
[2016-11-02 14:51:27] sally : %500 is actually spot on
[2016-11-02 14:51:31] wurstgelee : Rado: i am mining atm (nicehash, so some diff to cheaper operations but not by factor 5) and its not that profitable
[2016-11-02 14:51:50] sally : so if you thought the miners dumping was gonna stop you crazy
[2016-11-02 14:52:08] Rado : wurstgelee: you are using a shared server to mine?
[2016-11-02 14:52:14] Rado : I am talking about real miners :-)
[2016-11-02 14:52:18] Rado : no offence
[2016-11-02 14:52:27] TwinnerD : inb4 ZEC16 at 0.5
[2016-11-02 14:52:34] TwinnerD : email just got out
[2016-11-02 14:52:39] wurstgelee : no that would be stupid. i am hashing with ~ 5% nethash atm.
[2016-11-02 14:52:42] TwinnerD : fair price marking in 2 days
[2016-11-02 14:52:47] wurstgelee : fyi ;)
[2016-11-02 14:53:06] Rado : you have your own rigs?
[2016-11-02 14:53:10] TwinnerD : PANIC BUY
[2016-11-02 14:53:12] rapidtrades : TwinnerD: are u srs
[2016-11-02 14:53:16] wurstgelee : lol
[2016-11-02 14:53:20] TwinnerD : rapidtrades: I am
[2016-11-02 14:53:21] wurstgelee : Rado: for 200kSol?
[2016-11-02 14:53:25] wurstgelee : ;)
[2016-11-02 14:53:27] chromaticcr1 : read your email
[2016-11-02 14:53:28] wurstgelee : lol no
[2016-11-02 14:53:29] rapidtrades : can smone confirm
[2016-11-02 14:53:34] wurstgelee : buying hashes @ nicehash
[2016-11-02 14:53:37] sally : it doesnt mean shit
[2016-11-02 14:53:39] TwinnerD : rapidtrades: go long dude
[2016-11-02 14:53:42] wurstgelee : not the cloud mining, the market
[2016-11-02 14:53:46] thomaskikansha : fair pricing since 4/11 12UTC
[2016-11-02 14:53:49] blacktuesday : zecz16 goin up yet???
[2016-11-02 14:54:01] rapidtrades : can smone confirm the email, not logged in atm
[2016-11-02 14:54:02] chromaticcr1 : Effective Friday 4th November 12:00 UTC
[2016-11-02 14:54:02] sleger : which isnt going to change anything, but feel free to buy guys
[2016-11-02 14:54:03] TwinnerD : blacktuesday: +10% already
[2016-11-02 14:54:10] sleger : rapidtrades: yes
[2016-11-02 14:54:12] rapidtrades : yesss
[2016-11-02 14:54:15] rapidtrades : go go go go
[2016-11-02 14:54:24] Rado : sleger: I am happy to have another opportunity to short
[2016-11-02 14:54:27] wurstgelee : finally, some marking ;)
[2016-11-02 14:54:32] blacktuesday : buying here lol
[2016-11-02 14:54:33] Rado : let them buy
[2016-11-02 14:54:37] sleger : also the cap is raised to 100btc
[2016-11-02 14:54:44] rapidtrades : not bad
[2016-11-02 14:54:51] sally : push it up so I can slam the dreamers
[2016-11-02 14:54:51] wurstgelee : sleger: thats effective right now tho
[2016-11-02 14:54:55] rapidtrades : don't see why a cap is needed at all but w/e
[2016-11-02 14:54:56] wurstgelee : u know, others maybe dont
[2016-11-02 14:54:57] wurstgelee : =)
[2016-11-02 14:55:01] rapidtrades : i'll take 100 for now
[2016-11-02 14:55:22] Rado : rapidtrades: ZEC is not going over 3 ever again
[2016-11-02 14:55:32] rapidtrades : Rado: tnx
[2016-11-02 14:55:37] Rado : no problem
[2016-11-02 14:55:47] rapidtrades : I'll file that under useless opinions i read online
[2016-11-02 14:56:04] rapidtrades : ok...filled
[2016-11-02 14:56:13] sally : lol do you actually think its ever even going to 2 btc again?
[2016-11-02 14:56:17] wurstgelee : show me the 5th light and i might do the final push myself....
[2016-11-02 14:56:18] REKT : Liquidated short on `ZECZ16`: Buy 2 @ 0.454168
[2016-11-02 14:56:19] wurstgelee : ;)
[2016-11-02 14:56:32] thomaskikansha : ???
[2016-11-02 14:56:33] chromaticcr1 : choo choo
[2016-11-02 14:56:43] rapidtrades : cap is gona in 2 days shorties...get out before u get ra*ped
[2016-11-02 14:56:43] TwinnerD : ohh people gonna get rekt so hard now on shorts
[2016-11-02 14:56:48] Rado : wurstgelee: current profitability of ZEC mining is 439%
[2016-11-02 14:56:57] thomaskikansha : panic buy?
[2016-11-02 14:57:07] chromaticcr1 : thomaskikansha: read your email
[2016-11-02 14:57:08] REKT : Liquidated short on `ZECZ16`: Buy 4 @ 0.519289
[2016-11-02 14:57:08] REKT : Liquidated short on `ZECZ16`: Buy 1 @ 0.585518
[2016-11-02 14:57:08] REKT : Liquidated short on `ZECZ16`: Buy 11 @ 0.539707
[2016-11-02 14:57:21] blacktuesday : lol
[2016-11-02 14:57:29] rapidtrades : pls share the main bullet points of email, again not logged in
[2016-11-02 14:57:58] TwinnerD : Effective Friday 4th November 12:00 UTC, the December Zcash Futures Contract, ZECZ16, will move from Last Price marking to Fair Price marking. The Index Price will reference the spot ZEC/BTC Poloniex price.
[2016-11-02 14:58:01] TwinnerD : first paragraph
[2016-11-02 14:58:16] Rado : nice
[2016-11-02 14:58:19] laisee : rapidtrades: ZEC ==> MOOON!!!
[2016-11-02 14:58:27] wurstgelee : excellent ;)
[2016-11-02 14:58:29] laisee : thats the summary
[2016-11-02 14:58:45] rapidtrades : tnx so that and the cap to 100, got it
[2016-11-02 14:58:47] blacktuesday : my zec long no longer under water . thanks bmex haha
[2016-11-02 14:58:48] TwinnerD : 433 shorts. people will be so salty once they wake up
[2016-11-02 14:58:52] zecz : why should it increase because of that?
[2016-11-02 14:58:57] toolbox : so what does that mean for ZECZ16?
[2016-11-02 14:59:01] TwinnerD : rapidtrades: Max Price Raised to 100 XBT on All Altcoin Products The previously imposed maximum price of 10 XBT will be raised to a 100 XBT maximum price across all Altcoin products.
[2016-11-02 14:59:02] zecz : because of the 10 btc cap?
[2016-11-02 14:59:04] toolbox : what will the fair price be?
[2016-11-02 14:59:14] rapidtrades : zecz: don't asl qs just get out and thnak me later
[2016-11-02 14:59:20] chromaticcr1 : https://www.bitmex.com/app/contract/ZECZ16
[2016-11-02 14:59:35] wurstgelee : toolbox: tied to polo as index, check fair price marking docs
[2016-11-02 14:59:42] Rado : Switching over from Last Price marking to Fair Price marking will not result in a sudden movement in the Mark Price.
[2016-11-02 14:59:53] rapidtrades : it already is
[2016-11-02 14:59:53] toolbox : I read the docs, didn't understand the maths and the lingo
[2016-11-02 14:59:56] toolbox : ELI5?
[2016-11-02 14:59:57] wurstgelee : Rado: it just did
[2016-11-02 15:00:00] wurstgelee : ;)
[2016-11-02 15:00:09] Rado : that's from teh email
[2016-11-02 15:00:14] wurstgelee : oh lol
[2016-11-02 15:00:17] rapidtrades : shorties still in disbelief
[2016-11-02 15:00:29] TwinnerD : Rado: it will have a noticable effect
[2016-11-02 15:00:40] zecz : still doesnt understand
[2016-11-02 15:00:45] zecz : why this matters
[2016-11-02 15:01:00] wurstgelee : zecz: we already had that discussion. we disagreed. ;)
[2016-11-02 15:01:04] Rado : they are saying when the change to fair price happen mark price will increase gradually
[2016-11-02 15:01:14] rapidtrades : then u shouldn't trade, just get out and find smth u understand @zecz
[2016-11-02 15:01:39] rapidtrades : Rado: right but it's not switched yet is it...we have 48h of ground to make up to polo
[2016-11-02 15:01:40] wurstgelee : Rado: spread gets smaller towards dec 30th until it settles on polo spot price
[2016-11-02 15:01:44] wurstgelee : ;)
[2016-11-02 15:01:58] wurstgelee : thats how it works basically
[2016-11-02 15:01:59] rapidtrades : also we're still on last until friday
[2016-11-02 15:02:10] zecz : why should we make up to polo when this is a future contract?
[2016-11-02 15:02:18] laisee : what time for change on 4th?
[2016-11-02 15:02:30] toolbox : rapidtrades: or you could help me understand
[2016-11-02 15:02:35] thomaskikansha : 12UTC
[2016-11-02 15:02:45] wurstgelee : nice
[2016-11-02 15:02:54] wurstgelee : 44h from now
[2016-11-02 15:02:55] rapidtrades : zecz: because this future doesn't deliver ZEC, it's cash settled, so it should be tied to outside source
[2016-11-02 15:03:09] rapidtrades : otherwise we're not rly trading ZEC
[2016-11-02 15:03:17] wurstgelee : and the source (reference exchange) will be polo
[2016-11-02 15:03:24] wurstgelee : because polo volume > *
[2016-11-02 15:03:32] laisee : we're trading the idea of ZEC ...
[2016-11-02 15:03:38] TwinnerD : we might actually get pretty close to polo price before the marking
[2016-11-02 15:03:39] laisee : ofc
[2016-11-02 15:03:40] TwinnerD : >1 BTC
[2016-11-02 15:03:40] sally : So bitmex just fucked all the shorts?
[2016-11-02 15:03:46] wurstgelee : laisee: trading the idea of zec price on dec 30th
[2016-11-02 15:03:47] wurstgelee : ;)
[2016-11-02 15:03:58] TwinnerD : sally: yes but it was coming
[2016-11-02 15:04:01] wurstgelee : sally: no, it was always clear that this will happen
[2016-11-02 15:04:06] blacktuesday : if we know this happens now... should the zecz16 price reach polo price well b4 the the Nov 4 switch?
[2016-11-02 15:04:09] orly : uh oh, capmex is officially over on friday?!
[2016-11-02 15:04:12] laisee : wurstgelee: have to think about that ... ;-)
[2016-11-02 15:04:26] rapidtrades : shorts that are logged in now remember that it's still early...remember what will happen when everyone reads that email
[2016-11-02 15:04:37] rapidtrades : this 0.2 move will seem like peanuts
[2016-11-02 15:04:55] toolbox : well luckily I'm already long because I wanted to sell without risking getting rekt
[2016-11-02 15:04:56] laisee : and even more action when people read with a dictionario ...
[2016-11-02 15:04:56] blacktuesday : sally: shorters did it to themselves
[2016-11-02 15:05:10] wurstgelee : laisee: :D :D :D
[2016-11-02 15:05:25] TwinnerD : ADL 5 bars....
[2016-11-02 15:05:28] TwinnerD : oh oh
[2016-11-02 15:05:35] wurstgelee : TwinnerD: you want adl
[2016-11-02 15:05:37] AudibleScience : is there really a lady in here! cool.
[2016-11-02 15:05:38] wurstgelee : everyone wants adl @ zec
[2016-11-02 15:05:39] wurstgelee : ;)
[2016-11-02 15:05:45] sally : these dickheads just changed the contract
[2016-11-02 15:05:49] wurstgelee : sally: no
[2016-11-02 15:05:51] laisee : is it possible BMX are doing all this stuff to generate some buzz on the exchange?
[2016-11-02 15:05:52] TwinnerD : not before it reaches 1 BTC though
[2016-11-02 15:06:16] arbitrage001 : wurstgelee: did you get adl ?
[2016-11-02 15:06:19] toolbox : @TwinnerD I'm long 1 on 1x margin, 5 bars lit
[2016-11-02 15:06:21] arbitrage001 : at 4 bar
[2016-11-02 15:06:23] sally : your all retards if you cant accept they just changed the contract
[2016-11-02 15:06:24] arbitrage001 : or someone else
[2016-11-02 15:06:29] wurstgelee : arbitrage001: not yet
[2016-11-02 15:06:36] toolbox : it's ridiculous
[2016-11-02 15:06:46] wurstgelee : toolbox: .3 entry?
[2016-11-02 15:06:47] arbitrage001 : would be nice to be adl, woulnt it?
[2016-11-02 15:06:52] wurstgelee : arbitrage001: sure
[2016-11-02 15:06:52] arbitrage001 : since you can rebuy lower
[2016-11-02 15:06:53] TwinnerD : toolbox: yeah soon all shorts will busto
[2016-11-02 15:07:01] wurstgelee : arbitrage001: adl is the target ;)
[2016-11-02 15:07:01] toolbox : wurstgelee: .37
[2016-11-02 15:07:04] laisee : sally - read much? they promised to mark ZEC some time. now they will.
[2016-11-02 15:07:18] wurstgelee : toolbox: your countertrade is prob x2 short and almost dead
[2016-11-02 15:07:22] wurstgelee : ;)
[2016-11-02 15:07:28] AudibleScience : sally: it was always going to convert, from the ouset