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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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-11-05 02:52:38] Rado : I know, but what do you see when there is a lag? [2016-11-05 02:53:08] Rado : quotes not moving? [2016-11-05 02:53:30] mjones : say you market sold 3000 contracts it would just hang for 5 seconds. orderbooks were not showing up [2016-11-05 02:53:36] miramm1115 : can't place or cancel orders [2016-11-05 02:53:53] Tetsuo : market depth@polo@etc is lookin so juicy right now [2016-11-05 02:53:53] Rado : I see [2016-11-05 02:53:58] Rado : that's not good [2016-11-05 02:54:07] mjones : and usually market maker leaves and no one wants to sell or buy [2016-11-05 02:54:13] Rado : I guess I only place orders when things calm :-) [2016-11-05 02:54:49] mjones : growing exchange pains but they have been around for over a year! expand for the future growth [2016-11-05 02:55:24] Tetsuo : i´m optimistic about it [2016-11-05 02:55:55] Tetsuo : they have proven to be not total fools like 99% else of crypto exchanges until now [2016-11-05 02:56:02] Tetsuo : or scammers [2016-11-05 02:56:06] laisee : Bitmex usually v good at turning around iaaues super fast [2016-11-05 02:56:07] Tetsuo : or else [2016-11-05 02:56:52] Tetsuo : its up to you now Bitmex! [2016-11-05 02:56:56] laisee : is lag only on one a [2016-11-05 02:57:31] laisee : is lg onky on one session or all windows? [2016-11-05 02:57:54] mjones : all windows [2016-11-05 02:58:35] miramm1115 : laisee: it's a trading engine issue, affects everything. I'm sure Wally will fix it in a few days [2016-11-05 02:59:11] laisee : Rigjt, thats fixable [2016-11-05 03:00:07] Tetsuo : Finex, Polo, BTCe never fixed it until now though [2016-11-05 03:00:55] miramm1115 : BitMEX has the best tech guys in crypto [2016-11-05 03:01:11] laisee : depends on the tech used and architecture ... Some things cant be fixed without rewrite [2016-11-05 03:01:17] Tetsuo : that´s why i´m optimistic [2016-11-05 03:02:00] Rado : Finex leading [2016-11-05 03:02:09] mjones : if there is one thing okcoin is good at it is running a futures platform rigged in their favor [2016-11-05 03:02:29] ayy_lmao : why do people still use bitfinex [2016-11-05 03:02:37] mjones : 20 million usd in longs [2016-11-05 03:02:37] Rado : no idea [2016-11-05 03:02:41] Tetsuo : @Bitmex is it true that your code is based on bitcoinica? [2016-11-05 03:02:41] Rado : volume there is big [2016-11-05 03:02:45] mjones : u know how many btc that is [2016-11-05 03:02:56] mjones : even the shorting idiots [2016-11-05 03:03:04] laisee : hrh ... All bugs leave exchange btter off ? [2016-11-05 03:03:08] mjones : like one big fuck everything lets go in all teh directions [2016-11-05 03:03:20] miramm1115 : BitMEX engine is kdb+/q, that's what professionals use for HFT [2016-11-05 03:03:49] laisee : Finex started with bitcoinica code only [2016-11-05 03:04:40] laisee : matching engine usually c++ [2016-11-05 03:04:55] Tetsuo : @BITmex is it true that ETC is the one true coin? [2016-11-05 03:05:22] Tetsuo : have your BTCC and okc buddies given you any infos about that [2016-11-05 03:08:27] Rado : ok-coin USD lagging [2016-11-05 03:08:39] Tetsuo : lol [2016-11-05 03:08:49] rapidtrades : Rado: i5 with SSD or i7 with hybrid hd? [2016-11-05 03:09:15] Rado : rapidtrades: I was going to tell you that you ushould get at least 16 GB RAM [2016-11-05 03:09:23] Rado : both these laptops had only 8 [2016-11-05 03:09:27] Tetsuo : faceslap [2016-11-05 03:09:31] rapidtrades : 'only' [2016-11-05 03:09:38] Tetsuo : rapidtrades: u look like a fool now [2016-11-05 03:09:38] Rado : also they seem expensive for what you are getting [2016-11-05 03:09:47] rapidtrades : yeah cos they're light [2016-11-05 03:09:52] Rado : rapidtrades: mine has 32 GB RAM [2016-11-05 03:09:54] rapidtrades : need smth for travel [2016-11-05 03:10:22] Tetsuo : Rado: wtf 32gb ram [2016-11-05 03:10:22] laisee : Biy the new Mi notebook Air ... Liye as shit and runs fine [2016-11-05 03:10:26] Rado : I have MAC book pro with 16 GB as well [2016-11-05 03:10:31] Rado : I will use that one for travel [2016-11-05 03:11:06] Rado : let me find you one [2016-11-05 03:11:16] laisee : also mac air with 4gb is fine [2016-11-05 03:11:26] Apocalyptic : guys why did the LTCXBT swap become a linear future ? [2016-11-05 03:12:02] Rado : laisee: depends on what applications you are running [2016-11-05 03:12:38] Tetsuo : Litecoin needs less RAM than BTC [2016-11-05 03:12:47] rapidtrades : most demanding would be exchanges, cos they all insist on running web-based trading interfaces [2016-11-05 03:12:55] laisee : Rado - sure. I uae different notebooks for coding and trading [2016-11-05 03:14:08] Tetsuo : rapidtrades: no one in here will give u informations for ur needs, they are either total nerds or drug abusers, u have to makeyour own decision [2016-11-05 03:14:44] rapidtrades : we have the same 'needs' tho, trading [2016-11-05 03:15:02] rapidtrades : also pretty sure ur the only drug abuser here [2016-11-05 03:15:05] laisee : total nerds might know something about buyjng hardware ... [2016-11-05 03:15:06] Rado : rapidtrades: https://www.amazon.co.uk/Dell-Insprion-Convertible-Touchscreen-TrueLife/dp/B01IBJV0OQ/ref=sr_1_1?ie=UTF8&qid=1478315575&sr=8-1&keywords=laptop+16+gb+ram+ssd [2016-11-05 03:15:16] rapidtrades : ugh dell [2016-11-05 03:15:29] laisee : No dell ever [2016-11-05 03:15:35] Rado : touchscreen, SSD and 16gb [2016-11-05 03:15:49] Rado : but Dell sucks in some areas agreed [2016-11-05 03:15:52] Tetsuo : tocuscreen is totally gay [2016-11-05 03:16:07] laisee : and hdmi output [2016-11-05 03:16:14] Tetsuo : he wants to trade [2016-11-05 03:17:04] laisee : can watch cnn etc on big screen also [2016-11-05 03:17:11] Tetsuo : laisee: true [2016-11-05 03:17:20] Tetsuo : buy it [2016-11-05 03:18:00] laisee : pink or blue ? [2016-11-05 03:18:40] Tetsuo : Breaking CNN NWS : t has been confrimed that ETC is the OTC, bloomber screenshsots have been seen on twitter by various users [2016-11-05 03:18:56] Rado : http://www.costco.com/HP-ENVY-x360-13t-Touchscreen-2-in-1-Laptop---Intel-Core-i7---QHD%2b-.product.100315026.html [2016-11-05 03:18:59] rapidtrades : Rado: tnx specs look ok [2016-11-05 03:19:13] rapidtrades : it's as ugly as every Dell laptop tho [2016-11-05 03:19:14] Rado : but this is in the US [2016-11-05 03:19:21] Rado : not sure if they deliver in Europe [2016-11-05 03:19:28] Tetsuo : @rapid if you buy any notebook with a touchscreen i´m done with you [2016-11-05 03:19:40] laisee : Friends dont let frienda buy dell [2016-11-05 03:19:40] Rado : Tetsuo: ha ha [2016-11-05 03:19:45] rapidtrades : dude it acts as a tablet too [2016-11-05 03:19:56] laisee : y? [2016-11-05 03:20:14] rapidtrades : i was actually considering the Lenovo Yoga...a bit cheaper but brand is less reliable then asus [2016-11-05 03:20:29] Tetsuo : rapidtrades: that is awesome [2016-11-05 03:20:31] Tetsuo : 3pro [2016-11-05 03:20:38] Tetsuo : i´m about to buy it next week [2016-11-05 03:20:44] Tetsuo : not for tradin ofc [2016-11-05 03:20:58] Tetsuo : just for watchin movies in the bed [2016-11-05 03:21:48] rapidtrades : idk u can get i5 or i7 versions usually below 700 pounds range [2016-11-05 03:21:56] chromaticcr1 : the instrument bar is not slickier, great! [2016-11-05 03:22:00] rapidtrades : yoga has a ton of different specs [2016-11-05 03:22:12] Tetsuo : rapidtrades: i was talkin about that tablet with beamer function [2016-11-05 03:22:15] chromaticcr1 : now* [2016-11-05 03:22:45] rapidtrades : Tetsuo: ok cool [2016-11-05 03:23:15] rapidtrades : they have tons of stuff under 'yoga' with different numbers [2016-11-05 03:23:25] Tetsuo : rapidtrades: yeah it´s confusing as hell [2016-11-05 03:23:48] Tetsuo : i doubt that even they can keep track about it [2016-11-05 03:24:16] rapidtrades : usually if its named Lenovo Yoga 2 (3 etc) is the 'flagship' if u can call it that [2016-11-05 03:24:24] rapidtrades : then they have 300,400,500 etc [2016-11-05 03:24:57] rapidtrades : i think he only thing in common is they flip around [2016-11-05 03:25:14] rapidtrades : so u can use em in tablet mode [2016-11-05 03:27:16] rapidtrades : Can we clog up the ZEC network so new coins can be deposited to polo? this is getting brutal [2016-11-05 03:27:22] rapidtrades : can't [2016-11-05 03:28:23] Rado : rapidtrades: you should get this one http://www.dailymail.co.uk/femail/article-2257354/The-ultimate-Midas-touch-The-24-carat-gold-MacBook-Pros-complete-diamond-Apple-logos--snip-30-000.html [2016-11-05 03:28:51] messiaen8844 : I hope ZEC gets forket to the non-miners reward version [2016-11-05 03:28:52] messiaen8844 : and value goes to 0 [2016-11-05 03:28:55] Tetsuo : u could lose on ZEC trades with style at least [2016-11-05 03:29:18] rapidtrades : Rado: thats for sleger [2016-11-05 03:29:28] Rado : lol [2016-11-05 03:29:37] rapidtrades : looks tacky as hell tho [2016-11-05 03:29:43] Rado : yeah [2016-11-05 03:29:53] Tetsuo : and ugly as fuck too [2016-11-05 03:30:11] rapidtrades : Rado: i like the Dell one...weight is only slightly more 1.4 vs 1.7 [2016-11-05 03:30:47] rapidtrades : now i have 3 choices lol [2016-11-05 03:32:08] Tetsuo : buy any one of it and never think about it again [2016-11-05 03:32:14] rapidtrades : is Dell reliable as a brand? [2016-11-05 03:32:30] rapidtrades : Tetsuo: yeah the more u look the harder it is to decide [2016-11-05 03:32:44] Tetsuo : rapidtrades: this could take weeks [2016-11-05 03:33:09] Tetsuo : last time i needed a new mobile i paid a buddy 50% to compare everything cuz i couldn´t take it anymore [2016-11-05 03:33:15] Tetsuo : 50$ [2016-11-05 03:33:31] Tetsuo : drove me crazy [2016-11-05 03:38:56] Tetsuo : smart contracts like ETC will solve that problem int the future [2016-11-05 03:39:13] Tetsuo : they will just buy the best product for the best prive and deliver it straight to me [2016-11-05 03:39:16] Tetsuo : thanks ETC [2016-11-05 03:39:53] Tetsuo : can´t believe you´re still that crazy cheap [2016-11-05 03:43:24] Tetsuo : @rapittrades , thank you for inventing the "One True Coin" term, this has been spinning in my mind for days [2016-11-05 03:43:45] Tetsuo : it´s beautiful [2016-11-05 03:47:52] rapidtrades : right when u think the 0.30 line will hold [2016-11-05 03:50:24] laisee : OTC = ZEC, currently? [2016-11-05 03:50:55] rapidtrades : yes it is [2016-11-05 03:51:28] laisee : OTC coin of choice, recommended by all the top Darknet users [2016-11-05 03:52:13] rapidtrades : 128 GB is prolly way too small HD for win10 [2016-11-05 03:52:44] rapidtrades : how big is that crap 30-40 gb? so u have nothing left [2016-11-05 03:52:53] Tetsuo : True [2016-11-05 03:53:10] Tetsuo : 128 Can suck it [2016-11-05 03:53:45] Tetsuo : Rados Laptop even has more RAM [2016-11-05 03:54:33] rapidtrades : i don't get why ppl are selling at 0.27 [2016-11-05 03:54:46] rapidtrades : max u can win is what 0.2? it's not going to 0 [2016-11-05 03:55:14] rapidtrades : and u have like 5-10x risk if this pumps [2016-11-05 03:55:28] public username 321 : rapidtrades: how do you know it's not going to 0? [2016-11-05 03:55:54] rapidtrades : why would it go to 0? it's the 3rd most traded coin...its on every major exchange [2016-11-05 03:56:04] rapidtrades : it's not going anywhere [2016-11-05 03:56:17] public username 321 : rapidtrades: maybe not completely zero but close enough to that could happen, no? [2016-11-05 03:56:28] Tetsuo : POT coin was the 3d most traded coin for a week on Polo though [2016-11-05 03:56:37] public username 321 : like 0.001 ? Impossible? [2016-11-05 03:56:45] Tetsuo : Soon [2016-11-05 03:56:52] rapidtrades : i guess anything is possible [2016-11-05 03:57:27] rapidtrades : with the regular 4x-8x pumps on polo i wouldn't take the asymmetric risk this low [2016-11-05 03:57:51] REKT : Liquidated long on `ETH7D`: Sell 83 @ 0.015600 [2016-11-05 03:58:36] arbitrage001 : rapidtrades: risk for going long is high too [2016-11-05 03:58:47] arbitrage001 : if you think your view is correct, load up more [2016-11-05 03:58:53] sally : zec right back where it should be [2016-11-05 03:58:55] arbitrage001 : like i did [2016-11-05 03:59:10] arbitrage001 : sally: how is hong kong? [2016-11-05 03:59:10] sally : now a matter of time before 0.07 again [2016-11-05 03:59:25] sally : arbitrage001: big [2016-11-05 03:59:26] Tetsuo : No one should touch ZEC in any direction here. It clearly has AIDS [2016-11-05 03:59:35] rapidtrades : no....but i might switch my futures for actual ZEC if the gap keeps dropping [2016-11-05 04:00:05] sally : arbitrage001: bitmex still wont give me an office. Makes me start to believe it is in actual fact a scam [2016-11-05 04:00:05] arbitrage001 : rapidtrades: there is always be discount here till near expiration date [2016-11-05 04:00:13] arbitrage001 : there will [2016-11-05 04:00:22] arbitrage001 : so, might as well buy at discount [2016-11-05 04:00:49] rapidtrades : i don't add to losers [2016-11-05 04:00:56] arbitrage001 : sally: maybe you should do some research before trading at a scam site [2016-11-05 04:01:21] public username 321 : zec chart could end up looking like steem chart [2016-11-05 04:01:27] rapidtrades : the initial plan was for prices to trade closer to polo but with the cap etc that never happened [2016-11-05 04:02:38] rapidtrades : public username 321: steem is shit tho [2016-11-05 04:02:59] public username 321 : rapidtrades: sure but zec is highly deluted now [2016-11-05 04:03:32] public username 321 : I don't really feel brave enough to go long on this [2016-11-05 04:04:15] rapidtrades : i don't think specs are selling the coin...cos it keeps going down slowly [2016-11-05 04:04:25] rapidtrades : so its miners unloading [2016-11-05 04:04:36] arbitrage001 : miners need to sell to recoup cost [2016-11-05 04:04:37] public username 321 : yes, it's miners [2016-11-05 04:04:42] arbitrage001 : whale sitting on side line [2016-11-05 04:04:54] arbitrage001 : understandable since supply is low [2016-11-05 04:04:55] rapidtrades : specs are prolly buying during those crazy pumps [2016-11-05 04:05:18] public username 321 : miners keep dumping until it's unprofitable and then move on. Senn it often now. [2016-11-05 04:05:27] public username 321 : *Seen [2016-11-05 04:05:33] arbitrage001 : public username 321: right, [2016-11-05 04:05:44] arbitrage001 : bullish sign is when miners losing money [2016-11-05 04:06:00] arbitrage001 : if they lose a lot and quit mining in number [2016-11-05 04:06:11] arbitrage001 : it is time to load up [2016-11-05 04:06:14] rapidtrades : i don't get why mining makes a difference log-term [2016-11-05 04:06:15] laisee : buy when there is blood on the server room floors ... [2016-11-05 04:06:18] rapidtrades : cos supply is constant [2016-11-05 04:06:36] public username 321 : yes, buying when mining is unprofitable is often a good long bet [2016-11-05 04:06:40] arbitrage001 : supply is constant, but the cost for producing isnt [2016-11-05 04:07:01] laisee : so selling maybe be forced, or not [2016-11-05 04:07:01] rapidtrades : yes but how does that affect price [2016-11-05 04:07:11] laisee : supply ... becos [2016-11-05 04:07:43] public username 321 : rapidtrades: constant supply = constant dumping [2016-11-05 04:07:46] arbitrage001 : when there is profit in mining, people compete for hash and they sell immediately [2016-11-05 04:08:03] arbitrage001 : when there is no profit left, only miner with deep pocket continue mining [2016-11-05 04:08:12] arbitrage001 : hording coins till better price [2016-11-05 04:08:16] laisee : think how commodity stocks are tracked in real world ... it shows the degree of selling pressure & real demand for copper, gold, etc [2016-11-05 04:08:19] public username 321 : when demand is higher than supply price rises [2016-11-05 04:08:22] arbitrage001 : hence reducing suppl [2016-11-05 04:08:32] laisee : stocks meaning warehouse volumes [2016-11-05 04:08:36] rapidtrades : arbitrage001: ok nice theory...smone should test that [2016-11-05 04:08:47] arbitrage001 : rapidtrades: and some miner also do arbitrage [2016-11-05 04:08:59] arbitrage001 : cost of mining vs cost of buying from market [2016-11-05 04:09:08] laisee : just like oil, copper, bauxite, gas etc [2016-11-05 04:09:15] arbitrage001 : if buying from market is cheaper, some will buy [2016-11-05 04:09:28] rapidtrades : laisee: that's not a good comparison cos supply in crypto is constant and known before hand [2016-11-05 04:09:32] laisee : becis some miners enter long term supply contracts [2016-11-05 04:09:58] BitMEX_Wally : sally: I see you have logged on from a US IP address [2016-11-05 04:10:07] Tetsuo : Lol [2016-11-05 04:10:14] laisee : rapidtrades: supply colume is contsnat but market prices vary ... many commods have reltively constant supply as it takes time to build mines etc [2016-11-05 04:10:31] laisee : ^supply volume^ [2016-11-05 04:12:57] rapidtrades : hey Oculus Rift is only 550 pounds now...anyone tried it? [2016-11-05 04:14:17] sally : BitMEX_Wally: really? Thats concerning because I have not. Please email me the details so I may investigate or are you trolling? [2016-11-05 04:15:03] BitMEX_Wally : sally: OK, I will disable your account and email you [2016-11-05 04:15:25] sally : BitMEX_Wally: dont disable it [2016-11-05 04:15:27] rapidtrades : noooo sally [2016-11-05 04:16:11] rapidtrades : sally: sally? [2016-11-05 04:16:17] BitMEX_Wally : He's gone [2016-11-05 04:16:22] rapidtrades : :( [2016-11-05 04:16:35] sally : what ? [2016-11-05 04:16:42] rapidtrades : HE'S BACK [2016-11-05 04:16:45] sally : Im still here [2016-11-05 04:17:00] sally : nobody got in my account but me [2016-11-05 04:17:02] REKT : Liquidated long on `ZECZ16`: Sell 2 @ 0.297576 [2016-11-05 04:17:21] sally : and recheck the IP, its actually HK ;) [2016-11-05 04:18:26] sally : soooo... how about that yoga? [2016-11-05 04:20:16] rapidtrades : Dun dun dun....He's just a boxer who's been wronged dun dun dun... [2016-11-05 04:20:56] sally : well it would be nice to meet the team and see people actually run this place and how it works [2016-11-05 04:20:59] rapidtrades : Out to settle some scores and get revenge dun dun dun [2016-11-05 04:21:25] sally : revenge is for fools [2016-11-05 04:22:45] VitalikButerin : Smart move to short BTC and ZEC. [2016-11-05 04:23:02] REKT : Liquidated long on `ZECZ16`: Sell 7 @ 0.263729 [2016-11-05 04:23:22] mjones : zec is going to come crashing down once the support goes [2016-11-05 04:23:33] public username 321 : the rekting of longs begins [2016-11-05 04:23:33] mjones : you can probably get really cheap zcash in 6 months [2016-11-05 04:23:47] rapidtrades : jones u never had good judgment [2016-11-05 04:24:48] mjones : if this exchange grinds to a halt next time BTC moves 300 CNY i'm gonna hissy fit [2016-11-05 04:25:19] rapidtrades : yeah when shit freezes i get triggered [2016-11-05 04:25:28] rapidtrades : reminds me of bitfinex [2016-11-05 04:27:08] rapidtrades : if polo drops to 0.5 I should be able to switch for 0.3 btc [2016-11-05 04:27:35] rapidtrades : 0.15-0.45 maybe [2016-11-05 04:53:48] laisee : Cheep zec 4 sale [2016-11-05 04:55:53] mjones : cheap xmr too [2016-11-05 04:56:02] mjones : get that 20x long in soon [2016-11-05 04:57:10] laisee : Soon [2016-11-05 04:58:57] mjones : could see 0.0085 or more if it goes crazy [2016-11-05 04:59:16] VitalikButerin : Today's positions: short BTC, long XMR. [2016-11-05 04:59:52] rapidtrades : and long ZEC [2016-11-05 05:00:10] laisee : Btc level hoghs and lows to be expected ???? [2016-11-05 05:00:14] VitalikButerin : ZEC has no clear direction. May go up or down. [2016-11-05 05:00:24] rapidtrades : Vitalik Buterin, the inventor and co-founder of Etherium supports Zcash! [2016-11-05 05:00:28] rapidtrades : you heard it here first [2016-11-05 05:00:31] mjones : literally 1 mega whale in XMR judging by the polo orderbook i watched for so long [2016-11-05 05:02:03] laisee : Really? [2016-11-05 05:04:33] mjones : well you don't go from nothing to 0.0265 not owning most of the coins to begin with. Then you sell high and buy low to get more. [2016-11-05 05:05:05] Tetsuo : VitalikButerin: your coin has been declared as a scam, ETC is going to take over from here, your credibility has gone to 0 fuck off [2016-11-05 05:05:28] mjones : it just stops moving for 36 hours is weird for xmr. everyone is in waiting for the next push [2016-11-05 05:07:53] mjones : everything so boring. [2016-11-05 05:12:55] VitalikButerin : Tetsuo: Haha. [2016-11-05 05:19:29] Tetsuo : XMR/ZEC parity soon? one way or another! [2016-11-05 05:20:06] VitalikButerin : Tetsuo: Very possible [2016-11-05 05:21:02] QuantFocus : oh wow, vitalik himself... [2016-11-05 05:21:14] QuantFocus : how priveledged [2016-11-05 05:27:04] Tetsuo : VitalikButerin: can you sleep lying on the side with those nasty ears that u have? [2016-11-05 05:35:49] mjones : another thing with xmr all the coins for sale are under 0.0083. xmr/btc would be a killer buy in a massive btc pump for like 0.003 [2016-11-05 05:51:54] mjones : nice xmr buy [2016-11-05 05:51:57] mjones : here we go maybe [2016-11-05 05:52:34] mjones : step right up and get margin called fomo 20x longing xmr [2016-11-05 05:52:48] mjones : might pay off. [2016-11-05 05:58:01] VitalikButerin : XMR is actually an amazing buy right now. [2016-11-05 05:59:22] mjones : probably gonna get sold back down [2016-11-05 06:01:50] mjones : and that 20x margin long gets you rekt before the fun even begans [2016-11-05 06:10:09] VitalikButerin : BTC bearish formations... time to short [2016-11-05 06:11:32] rogue : It's pratically time to get out of a short, not get in! [2016-11-05 06:14:08] imabeast : Tetsuo: yea i think itll hit it soon [2016-11-05 06:19:53] VitalikButerin : Short BTC to 685. [2016-11-05 06:20:00] VitalikButerin : Long XMR to 0.08 [2016-11-05 06:21:00] mjones : lets hope for that kind of weekend [2016-11-05 06:22:53] imabeast : VitalikButerin: i think new lows for btc [2016-11-05 06:23:03] imabeast : gonna retest that 650-660 area [2016-11-05 06:23:07] imabeast : before we go up [2016-11-05 06:46:32] REKT : Liquidated long on `ZECZ16`: Sell 2 @ 0.226334 [2016-11-05 06:46:32] REKT : Liquidated long on `ZECZ16`: Sell 2 @ 0.231632 [2016-11-05 06:47:02] REKT : Liquidated long on `ZECZ16`: Sell 5 @ 0.225001 [2016-11-05 06:47:02] mjones : zcash falling what will longs do [2016-11-05 06:55:17] CapitalGains : Long again from this price [2016-11-05 07:09:18] RoftheN : I'll long to a better future [2016-11-05 07:10:20] CapitalGains : Any guesstimates as to what ZEC's local low is going to be on Polo before a reversal? [2016-11-05 07:10:55] RoftheN : 0.64 [2016-11-05 07:22:17] imabeast : .42 [2016-11-05 07:31:38] thomaskikansha : new lows over new lows [2016-11-05 07:38:06] mjones : most likely be worth a couple million and it is 4 million now [2016-11-05 07:38:44] mjones : zcash mining kicks up and soon the market cap is growing. so there will be larger dumps. probably less support then. [2016-11-05 07:45:56] CapitalGains : True, the party will be over soon. Still, 0.22 feels so cheap in comparison to what we've had, can't help but long. [2016-11-05 07:47:13] RoftheN : Same [2016-11-05 07:47:22] RoftheN : Besides [2016-11-05 07:47:28] RoftheN : The 34 for days are far from over [2016-11-05 07:47:42] RoftheN : Pretty sure they will make a move before the end [2016-11-05 07:57:44] laisee : Moon shot deferred [2016-11-05 08:32:13] RoftheN : On what ZEC day are we? 10? [2016-11-05 09:02:47] wurstgelee : 8 [2016-11-05 09:02:57] wurstgelee : no, 9 [2016-11-05 09:05:09] wurstgelee : zcash nethash still increasing, approching 10mSol/s [2016-11-05 09:05:13] wurstgelee : *a [2016-11-05 09:05:28] wurstgelee : double from 2 or 3 days earlier [2016-11-05 09:11:18] CapitalGains : wurstgelee: Did you get in some lower bids/average down? [2016-11-05 09:11:32] wurstgelee : .22 was me [2016-11-05 09:11:34] wurstgelee : ;) [2016-11-05 09:12:18] wurstgelee : .222 even [2016-11-05 09:13:19] CapitalGains : Though I don't usually, I even market bought this morning when I saw the prices :) [2016-11-05 09:13:55] wurstgelee : =) [2016-11-05 09:15:01] wurstgelee : added some orders now ;) [2016-11-05 09:17:50] CapitalGains : We probably need 0.3 for a short squeeze [2016-11-05 09:18:12] RoftheN : Nice try [2016-11-05 09:18:24] wurstgelee : i have time. i am patient. [2016-11-05 09:18:26] wurstgelee : ;) [2016-11-05 09:20:32] wurstgelee : CapitalGains: http://www.coinwarz.com/cryptocurrency [2016-11-05 09:20:38] wurstgelee : zcash #4 now [2016-11-05 09:20:45] wurstgelee : lost #1 and #2 to eth [2016-11-05 09:20:58] wurstgelee : its not the most profitable coin anymore... [2016-11-05 09:21:05] wurstgelee : @ .72 [2016-11-05 09:21:13] wurstgelee : i'd say this is good ;) [2016-11-05 09:21:24] RoftheN : Agreed [2016-11-05 09:21:30] RoftheN : The thing is [2016-11-05 09:21:34] RoftheN : Polo will go down some more [2016-11-05 09:21:38] wurstgelee : yes [2016-11-05 09:21:38] RoftheN : Then it will go up again [2016-11-05 09:21:42] wurstgelee : exactly [2016-11-05 09:21:43] RoftheN : And Bitmex will rise too then [2016-11-05 09:21:43] wurstgelee : =) [2016-11-05 09:21:51] wurstgelee : yep [2016-11-05 09:22:04] wurstgelee : so the play is, set buy order and wait @ bitmex ;) [2016-11-05 09:22:19] RoftheN : Exactly [2016-11-05 09:22:20] RoftheN : Did the same [2016-11-05 09:22:53] CapitalGains : I'm interested to see if 0.7 holds [2016-11-05 09:23:48] wurstgelee : probably not [2016-11-05 09:23:54] RoftheN : I hope not, if it holds it won't go up as much after [2016-11-05 09:24:01] wurstgelee : flash crash ot .5 or something maybe [2016-11-05 09:24:05] wurstgelee : if etc pumps some more [2016-11-05 09:24:25] wurstgelee : or lower [2016-11-05 09:24:31] wurstgelee : it needs a good dump ;) [2016-11-05 09:24:57] wurstgelee : but the bleeding will get less here [2016-11-05 09:25:09] wurstgelee : mining profitability... ;) [2016-11-05 09:27:45] wurstgelee : the polo nchart for the last 2 days is pretty much a straight line ;) [2016-11-05 09:29:36] CapitalGains : ZEC is destined to be a ski-slope graph just like STEEM [2016-11-05 09:31:56] RoftheN : It's almost like it wants to punish pump groups [2016-11-05 09:32:05] RoftheN : and idiots [2016-11-05 09:33:00] wurstgelee : i am not saying idiots yet atm, something might go horribly wrong and longing turns out to be a terrible idea ;) [2016-11-05 09:33:08] wurstgelee : 1st day shorters were idiots tho :p [2016-11-05 09:34:30] CapitalGains : wurstgelee: the way I see it, eventually going long will be a bad idea, but it will probably be a good idea enough times in a row before then that the last long doesn't matter, provided you don't go all-in long every time. [2016-11-05 09:34:31] wurstgelee : ski slope should reach some local valley this weekend [2016-11-05 09:34:45] wurstgelee : CapitalGains: lol all in. :D [2016-11-05 09:34:49] wurstgelee : yeah, plenty of time.. [2016-11-05 09:35:10] wurstgelee : scarcity, lots a waves etc [2016-11-05 09:35:33] wurstgelee : quite happy with the .222's [2016-11-05 09:35:36] wurstgelee : ;) [2016-11-05 09:35:53] CapitalGains : I also see a valley on the horizon, or rather a bump which makes the ski-slope attractive to people who like big jumps. [2016-11-05 09:36:02] wurstgelee : yep [2016-11-05 09:36:44] wurstgelee : mining profitability is a great indicator for valleys most likely followed by bumps [2016-11-05 09:36:52] wurstgelee : especially this early in the game [2016-11-05 09:37:35] wurstgelee : no premine, no ico coins to be dumped. miners make the price... [2016-11-05 09:37:45] CapitalGains : Price drops, less people mine, less inflation, price recovers? [2016-11-05 09:38:01] wurstgelee : so far hashrate is increasing [2016-11-05 09:38:02] wurstgelee : fast [2016-11-05 09:38:15] wurstgelee : was 4.something earlier this week [2016-11-05 09:38:21] wurstgelee : its almost 10mSols now [2016-11-05 09:38:49] CapitalGains : But yeah, it's actually quite hard to do a massive dump on ZEC at the moment [2016-11-05 09:38:55] wurstgelee : 8.8 atm [2016-11-05 09:39:19] laisee : Zec will survive ? [2016-11-05 09:39:33] wurstgelee : 200 zec would dump it to .6 [2016-11-05 09:39:40] wurstgelee : also yes, it will =) [2016-11-05 09:40:17] CapitalGains : I wonder why only 1/7 of ZECs are on Polo [2016-11-05 09:40:28] CapitalGains : I thought it would attract a higher percentage [2016-11-05 09:41:19] wurstgelee : in the orderbook? [2016-11-05 09:41:40] wurstgelee : far less than 50% are there... [2016-11-05 09:41:53] wurstgelee : why show hands? ;) [2016-11-05 09:42:05] CapitalGains : The order book has about 1k but there are now 7k in existence [2016-11-05 09:42:14] wurstgelee : see above [2016-11-05 09:42:26] wurstgelee : do u always place sells? [2016-11-05 09:42:42] wurstgelee : all your coins? [2016-11-05 09:42:48] CapitalGains : Ofc not [2016-11-05 09:42:52] wurstgelee : see? ;) [2016-11-05 09:43:07] wurstgelee : so your coins dont always show in the orderbook... [2016-11-05 09:44:00] wurstgelee : buy support for zec isnt bad ;) [2016-11-05 09:44:01] CapitalGains : But with ZEC, I feel like anyone holding coins not on the market should be dumping them immediately. [2016-11-05 09:44:12] wurstgelee : haha [2016-11-05 09:44:26] wurstgelee : that happened last friday th [2016-11-05 09:44:30] wurstgelee : o [2016-11-05 09:44:31] wurstgelee : a lot [2016-11-05 09:44:32] wurstgelee : =) [2016-11-05 09:44:51] CapitalGains : I presume you've dumped every single ZEC that you mined? [2016-11-05 09:44:58] wurstgelee : yeah, sure [2016-11-05 09:45:07] wurstgelee : last @ 1.28 [2016-11-05 09:45:09] CapitalGains : Exactly. Who would do otherwise? [2016-11-05 09:45:20] CapitalGains : It wasn't profitable via Nicehash in the end, was it? [2016-11-05 09:45:27] wurstgelee : no [2016-11-05 09:45:30] wurstgelee : was a loss [2016-11-05 09:45:42] wurstgelee : 30% maybe [2016-11-05 09:45:45] wurstgelee : maybe 20 [2016-11-05 09:45:49] wurstgelee : but a loss [2016-11-05 09:46:01] wurstgelee : and nethash was 6 then [2016-11-05 09:46:22] wurstgelee : not 8.8 [2016-11-05 09:57:19] wurstgelee : CapitalGains: ,7 is a good candidate for that mentioned valley imo ;) [2016-11-05 09:59:07] CapitalGains : Could well be, it's held for 4 hours which is longer than any other price below 1 [2016-11-05 10:00:01] wurstgelee : this and profiability thing, both together make me think that :) [2016-11-05 10:00:07] wurstgelee : *ta [2016-11-05 10:06:27] wurstgelee : lolz. i just bought btc spot for .74 [2016-11-05 10:06:35] wurstgelee : zec spot ofc [2016-11-05 10:06:42] wurstgelee : for a quickflip ;) [2016-11-05 10:08:37] wurstgelee : .75 ;) [2016-11-05 10:08:59] mjmj83 : wurstgelee: you're gonna be rich! [2016-11-05 10:09:10] wurstgelee : haha [2016-11-05 10:10:12] mjmj83 : I expect ZEC to drop even lower in the next week. Inflation really starts to kick in. [2016-11-05 10:10:38] wurstgelee : gets compensate by hashrate increase currently [2016-11-05 10:10:51] wurstgelee : *d [2016-11-05 10:11:01] wurstgelee : nethash doubled since 3 days [2016-11-05 10:11:15] wurstgelee : mjmj83: http://www.coinwarz.com/cryptocurrency [2016-11-05 10:11:28] wurstgelee : zec only #4 now profitability for miners [2016-11-05 10:11:37] wurstgelee : behind etc and eth...so a lot down [2016-11-05 10:11:56] mjmj83 : Interesting. [2016-11-05 10:11:59] wurstgelee : in fact inflation gets overcompensated atm [2016-11-05 10:12:11] wurstgelee : yes, interesting much [2016-11-05 10:12:11] wurstgelee : ;) [2016-11-05 10:12:22] mjmj83 : haha [2016-11-05 10:12:37] wurstgelee : but really, it is [2016-11-05 10:13:02] wurstgelee : reward is increasing linear, easily compensated by hashrate imo [2016-11-05 10:13:13] wurstgelee : easiert than sudden reward jumps which u usually have [2016-11-05 10:13:40] mjmj83 : But compared to Bitcoin. Can't imagine that ZEC mining will be 25% of bitcoin mining. [2016-11-05 10:13:47] wurstgelee : so profitability is - guessing here - more stable than with other reward schedules [2016-11-05 10:13:55] arbitrage001 : wurstgelee: are you still buying? bullish on zcash? [2016-11-05 10:14:17] wurstgelee : arbitrage001: got some fills @ .222 and i am happy [2016-11-05 10:14:18] wurstgelee : ;) [2016-11-05 10:14:29] arbitrage001 : so still somewhat bullish? [2016-11-05 10:14:35] arbitrage001 : what is your exit strategy [2016-11-05 10:14:43] wurstgelee : mjmj83: doesnt matter compared to what [2016-11-05 10:14:49] wurstgelee : less profitable than eth and etc [2016-11-05 10:14:52] wurstgelee : thats important [2016-11-05 10:14:53] wurstgelee : ;) [2016-11-05 10:14:54] mjmj83 : It does matter. [2016-11-05 10:15:16] wurstgelee : miners mine for what? [2016-11-05 10:15:23] wurstgelee : btc last but not least, right? [2016-11-05 10:15:25] mjmj83 : Dollars [2016-11-05 10:15:30] wurstgelee : and eventually cash [2016-11-05 10:15:34] mjmj83 : True [2016-11-05 10:15:38] wurstgelee : right,,,so they cash out into $ via btc [2016-11-05 10:15:39] wurstgelee : ;) [2016-11-05 10:15:50] wurstgelee : so prfitability vs btc is ok :) [2016-11-05 10:15:55] wurstgelee : *o [2016-11-05 10:17:32] mjmj83 : But for ZEC to be on par with Bitcoin.. it will mine 50 ZEC's per 10 minutes soon, Bitcoin 12,5 does 12,5 BTC's per 10 minutes. [2016-11-05 10:17:48] mjmj83 : 4x times more [2016-11-05 10:18:11] wurstgelee : doesnt matter [2016-11-05 10:18:15] mjmj83 : Zec mining can't be 4 times more profitable.. so price will prolly stay below 0,25... [2016-11-05 10:18:23] wurstgelee : at dec 30th we will have mining costs as a baseline for price [2016-11-05 10:18:35] wurstgelee : +/- pumpstate of zec at that time [2016-11-05 10:18:35] arbitrage001 : mjmj83: trading is not high school algrebra [2016-11-05 10:18:39] wurstgelee : ;) [2016-11-05 10:18:55] arbitrage001 : you cant perform arithmetic on price of any coin [2016-11-05 10:19:17] wurstgelee : also the hashrate counters rewards increases..or not [2016-11-05 10:19:22] mjmj83 : No, not for sure.. but it's a good guess. [2016-11-05 10:19:33] wurstgelee : so it doesnt matter.....mining costs per ZEC ... [2016-11-05 10:19:48] wurstgelee : check eth price chart vs eth mining hashrate chart [2016-11-05 10:19:52] wurstgelee : u will shit bricks [2016-11-05 10:19:54] wurstgelee : :) [2016-11-05 10:20:27] arbitrage001 : wurstgelee: i thought all miners lost money [2016-11-05 10:20:37] arbitrage001 : even eth miners losing via hardware depreciation [2016-11-05 10:21:01] arbitrage001 : rate of hardware cost going down faster than the coin they produce [2016-11-05 10:21:24] wurstgelee : my point is: price and hashrate go hand in hand [2016-11-05 10:21:52] arbitrage001 : my opinion is price leads hash rate [2016-11-05 10:22:01] arbitrage001 : price goes up, so is total hash [2016-11-05 10:22:10] arbitrage001 : price goes down, total hash goes down [2016-11-05 10:22:11] wurstgelee : yeah, sure is after a while [2016-11-05 10:22:25] wurstgelee : but i think in this early state, it not necessarily true [2016-11-05 10:22:33] wurstgelee : miners get hyped too... [2016-11-05 10:22:35] wurstgelee : not only traders [2016-11-05 10:22:36] arbitrage001 : supply is constant, only the cost of production fluctuate [2016-11-05 10:22:45] wurstgelee : so they drive the price too [2016-11-05 10:23:07] wurstgelee : miner fomo is a thing ;) [2016-11-05 10:24:23] wurstgelee : nethash was 3.3 iirc on monday [2016-11-05 10:24:32] arbitrage001 : now? [2016-11-05 10:24:36] wurstgelee : now we have 8.8 last time i cheacked earlier [2016-11-05 10:25:04] wurstgelee : zec was #1 in proftability back then [2016-11-05 10:25:08] wurstgelee : by far [2016-11-05 10:25:10] wurstgelee : now #4 [2016-11-05 10:25:11] wurstgelee : ;) [2016-11-05 10:25:11] arbitrage001 : good it went down [2016-11-05 10:25:16] wurstgelee : yep [2016-11-05 10:25:18] arbitrage001 : otherwise price will keep dropping [2016-11-05 10:26:57] wurstgelee : lets just say it will keep dropping so we can return to filling my orders here ;) [2016-11-05 10:27:17] arbitrage001 : what price? [2016-11-05 10:27:20] arbitrage001 : sell order? [2016-11-05 10:27:25] wurstgelee : no sells [2016-11-05 10:27:26] wurstgelee : set [2016-11-05 10:27:30] arbitrage001 : or more buy order?