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

<<  >>  English  中文  Русский  한국어  日本語  Español  Français 
[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?
[2016-11-05 10:27:39] wurstgelee : only buys adm
[2016-11-05 10:27:46] wurstgelee : target is ADL right now ;)
[2016-11-05 10:27:50] wurstgelee : *atm
[2016-11-05 10:27:57] arbitrage001 : think only strong hand remains
[2016-11-05 10:27:57] wurstgelee : +1
[2016-11-05 10:27:58] wurstgelee : yay
[2016-11-05 10:28:12] arbitrage001 : large adl price has to be abouve 1btc
[2016-11-05 10:28:25] wurstgelee : for those shorting .22 right now?
[2016-11-05 10:28:30] wurstgelee : not so sure
[2016-11-05 10:28:52] arbitrage001 : yyou think new traders keep piling in to short?
[2016-11-05 10:29:11] wurstgelee : if they here it will go down it will die for hours in polo trollbox
[2016-11-05 10:29:15] wurstgelee : a good brainwashing
[2016-11-05 10:29:18] wurstgelee : maybe
[2016-11-05 10:29:19] wurstgelee : ;)
[2016-11-05 10:29:23] wurstgelee : *hear
[2016-11-05 10:29:34] arbitrage001 : i am starting to think it may be true
[2016-11-05 10:29:44] wurstgelee : what exactly?
[2016-11-05 10:29:51] arbitrage001 : since exp traders dont trade like noob
[2016-11-05 10:29:59] arbitrage001 : filling price at 0.22
[2016-11-05 10:30:03] wurstgelee : yep
[2016-11-05 10:30:08] arbitrage001 : when market price is .74
[2016-11-05 10:30:09] wurstgelee : thats just dumb imo
[2016-11-05 10:30:22] wurstgelee : shorting in current situation..here
[2016-11-05 10:30:24] wurstgelee : ..
[2016-11-05 10:30:40] wurstgelee : yep
[2016-11-05 10:30:53] wurstgelee : supply....300k@dec30...etc
[2016-11-05 10:31:29] wurstgelee : also a lot of new traders here got burned by zec iirc
[2016-11-05 10:31:44] arbitrage001 : and more keep piling in
[2016-11-05 10:31:46] wurstgelee : majority with shorts i assume
[2016-11-05 10:32:10] wurstgelee : arbitrage001: tbh, i have 47 hidden buys atm ;)
[2016-11-05 10:32:19] wurstgelee : mine dont even show...and prob not only mine
[2016-11-05 10:32:23] arbitrage001 : is it above .2?
[2016-11-05 10:32:34] wurstgelee : stacked in the book
[2016-11-05 10:32:38] wurstgelee : increasing size downwards
[2016-11-05 10:32:39] wurstgelee : ;)
[2016-11-05 10:32:53] arbitrage001 : well, you are playing with profit you already made
[2016-11-05 10:32:58] wurstgelee : exactly
[2016-11-05 10:32:59] arbitrage001 : i would too
[2016-11-05 10:33:16] wurstgelee : i thought i might gamble up to 20% on a second round of win ;)
[2016-11-05 10:33:35] lockhedge : wurstgelee: there are also 7 new traders with ROEs between 787% and 2594% on the leaderboard since ZEC launch.
[2016-11-05 10:33:45] wurstgelee : lockhedge: really.... ;)
[2016-11-05 10:33:58] wurstgelee : i am not on the roe board tho
[2016-11-05 10:34:12] wurstgelee : but zac made me be listed on the other one :)
[2016-11-05 10:34:17] wurstgelee : zec also
[2016-11-05 10:34:37] lockhedge : lost 7 places while being profitable ;)
[2016-11-05 10:34:46] wurstgelee : yep
[2016-11-05 10:34:50] wurstgelee : some made a shitload here
[2016-11-05 10:35:00] wurstgelee : in basically 2 hours
[2016-11-05 10:35:02] wurstgelee : if not less
[2016-11-05 10:35:17] wurstgelee : that move from 1.1 to adl @ 8.something was brutal
[2016-11-05 10:36:02] j8 : a few months ago there only were like 5 traders with notional profit over 100 XBT, now there's 11
[2016-11-05 10:37:00] wurstgelee : its a big advantage for "old guys" here that they know bitmex imo
[2016-11-05 10:37:11] wurstgelee : how everything behaves here
[2016-11-05 10:37:18] wurstgelee : new ones likely to get burned imo
[2016-11-05 10:37:25] wurstgelee : zec +1
[2016-11-05 10:37:31] wurstgelee : thank you anonymous seller :)
[2016-11-05 10:37:33] j8 : that's true, you also have to keep up because everything changes
[2016-11-05 10:37:38] wurstgelee : yep
[2016-11-05 10:37:43] CapitalGains : lockhedge: Where do you see the ROE leaderboard?
[2016-11-05 10:37:57] CapitalGains : I can only see profit, not ROE percentage
[2016-11-05 10:38:01] j8 : scroll down
[2016-11-05 10:38:11] wurstgelee : and, last but not least, if u have noe clue about futures, u shouldnt necessarily start here
[2016-11-05 10:38:16] wurstgelee : *-e
[2016-11-05 10:38:44] wurstgelee : or at least use testnet bitmx
[2016-11-05 10:38:46] wurstgelee : :)
[2016-11-05 10:38:58] wurstgelee : *e
[2016-11-05 10:40:14] zcashequalslambo : yo guys i want to short more zcash
[2016-11-05 10:40:20] wurstgelee : go on
[2016-11-05 10:40:23] zcashequalslambo : should i sell one shorted contract
[2016-11-05 10:40:26] zcashequalslambo : or wait
[2016-11-05 10:40:55] VitalikButerin : Time to short BTC.
[2016-11-05 10:41:17] wurstgelee : gl
[2016-11-05 10:41:21] chromaticcr1 : wurstgelee: there is a autosell feature in bittrex for all alts depositing in it
[2016-11-05 10:41:56] CapitalGains : zcashequalslambo: we're ready to buy your shorts
[2016-11-05 10:41:58] wurstgelee : i am not sure why you are telling me this
[2016-11-05 10:41:59] wurstgelee : tbh
[2016-11-05 10:42:00] wurstgelee : :)
[2016-11-05 10:42:52] CapitalGains : zcashequalslambo: but I can't advise anyone to short ZEC with a clear conscience
[2016-11-05 10:43:10] wurstgelee : thats why i didnt answer :p
[2016-11-05 10:43:12] zcashequalslambo : i closed one short
[2016-11-05 10:43:20] chromaticcr1 : point the nicehash mining wallet directly to bittrex and boom ;)
[2016-11-05 10:43:36] zcashequalslambo : i think it will go to 0.5 before going back
[2016-11-05 10:43:42] wurstgelee : chromaticcr1: ah ok :) i used suprnova pool tho
[2016-11-05 10:43:51] wurstgelee : zcashequalslambo: so u short .22 here?
[2016-11-05 10:44:11] wurstgelee : if u think it will "go back"?
[2016-11-05 10:44:19] zcashequalslambo : it can recover
[2016-11-05 10:44:22] zcashequalslambo : dont you think
[2016-11-05 10:44:29] zcashequalslambo : its 0.73 now
[2016-11-05 10:44:31] zcashequalslambo : on poloniex
[2016-11-05 10:44:47] CapitalGains : Why did you short then?
[2016-11-05 10:44:49] wurstgelee : oh wait, u closed ur short?
[2016-11-05 10:44:53] zcashequalslambo : yeah
[2016-11-05 10:45:00] wurstgelee : so u dont have it any more?
[2016-11-05 10:45:08] wurstgelee : to be clear
[2016-11-05 10:45:09] wurstgelee : ;)
[2016-11-05 10:45:10] zcashequalslambo : no just recudec my exposure
[2016-11-05 10:45:15] wurstgelee : ok
[2016-11-05 10:45:16] wurstgelee : hehe
[2016-11-05 10:45:21] wurstgelee : misuunderstanding then
[2016-11-05 10:45:24] wurstgelee : -u
[2016-11-05 10:45:25] wurstgelee : :)
[2016-11-05 10:46:31] wurstgelee : anyways, got some errands followed buy drinks followed by more drinks followed by even more drinks followed by my drunk return to this trollbox in ~15h to take care of
[2016-11-05 10:46:33] wurstgelee : bbl
[2016-11-05 10:46:51] arbitrage001 : have fun
[2016-11-05 10:47:05] wurstgelee : i will :D
[2016-11-05 10:49:05] zcashequalslambo : guys so initla levearge is 1.5x right
[2016-11-05 10:49:12] zcashequalslambo : so when i swipe to right
[2016-11-05 10:49:15] zcashequalslambo : there is 1x
[2016-11-05 10:49:18] zcashequalslambo : then 1.25x
[2016-11-05 10:49:22] zcashequalslambo : how does it change
[2016-11-05 10:52:03] Techemy : how does the price keep rising buy my long goes down in unreleased PNL %?
[2016-11-05 10:52:52] RoftheN : Because some of it was realised maybe?
[2016-11-05 10:55:54] RoftheN : When is the next litecoin halving and do people still expect a pump?
[2016-11-05 11:03:16] wurstgelee : 11:40 - VitalikButerin: Time to short BTC.
[2016-11-05 11:03:18] wurstgelee : oO
[2016-11-05 11:03:57] laisee : better stick to coding ETH
[2016-11-05 11:04:21] BitMEX_Wally : Techemy: Positions are marked to the fair price based on the .XBT index, which has not risen much
[2016-11-05 11:04:38] BitMEX_Wally : Mark price is 703.28
[2016-11-05 11:04:50] Techemy : right forgot the index relevance- thx
[2016-11-05 11:05:17] Techemy : too used to okc futs
[2016-11-05 11:06:27] REKT : Liquidated short on `XBTUSD`: Buy 200 @ 703.99
[2016-11-05 11:06:27] REKT : Liquidated short on `XBTUSD`: Buy 2580 @ 703.89
[2016-11-05 11:07:57] REKT : Liquidated short on `XBTUSD`: Buy 5500 @ 704.56
[2016-11-05 11:13:33] NL007 : hi
[2016-11-05 11:15:00] NL007 : demand for zec dropping and supply growing fast not good
[2016-11-05 11:15:39] NL007 : last big buy support is around 0.6 zec
[2016-11-05 11:25:42] Techemy : RoftheN: next litecoin halving ETA date: 23 Aug 2019
[2016-11-05 11:26:14] Tetsuo : buy quick before the prepump starts
[2016-11-05 11:44:27] REKT : Liquidated long on `XBTUSD`: Sell 19490 @ 699.70
[2016-11-05 11:45:52] REKT : Liquidated long on `XBTUSD`: Sell 60 @ 699.31
[2016-11-05 11:54:02] mjmj83 : I've made a small calculation about ZEC mining.. Can anyone confirm this is correct? ZEC's hashrate is around 8675232 Sol/s. A RX480 - 150watt videocard gets 40 Sol/s. Let's say 216.861 RX480's are currently mining. 216.861*0,15 (kilowatt)*24 hours = 780699 kilowatt per day. Around $0,15 per kilowatt costs makes $117.104 per day. Currently daily 1500 new ZEC supply for miners.That's 1500 * 0,75 btc * 700 = $756.000. Still extremely profitable, right?
[2016-11-05 11:54:52] hhhhh : mjmj83: dont do it. the coin will be trading for pennies in a couple of weeks
[2016-11-05 11:56:11] mjmj83 : No I don't want to mine.. I want to short it. lolz
[2016-11-05 11:56:33] mjmj83 : Keep my short
[2016-11-05 12:03:40] wurstgelee : mjmj83: it was less profitable vs etc and eth a few an hour ago, now izec ha s a small lead again
[2016-11-05 12:03:52] wurstgelee : *-a fe
[2016-11-05 12:03:54] wurstgelee : w
[2016-11-05 12:04:03] wurstgelee : mjmj83: http://www.coinwarz.com/cryptocurrency
[2016-11-05 12:04:32] wurstgelee : diff is still rising as u can also see there
[2016-11-05 12:04:36] wurstgelee : +12 % in the last 24h
[2016-11-05 12:04:53] wurstgelee : *hash not diff
[2016-11-05 12:05:20] mjmj83 : wurstgelee: Of course it's rising.. it's extremely profitable
[2016-11-05 12:05:32] wurstgelee : mjmj83: not much more than etc/eth
[2016-11-05 12:05:52] wurstgelee : was less profitable against those an hour ago
[2016-11-05 12:05:58] wurstgelee : and 3 days ago the lead was huge
[2016-11-05 12:06:07] wurstgelee : my point is, profits getting smaller
[2016-11-05 12:06:28] wurstgelee : even with rising rewards
[2016-11-05 12:07:13] mjmj83 : So my calculation is incorrect?
[2016-11-05 12:07:30] wurstgelee : dunno.
[2016-11-05 12:07:38] wurstgelee : probably ;)
[2016-11-05 12:07:41] wurstgelee : 700% is a lot
[2016-11-05 12:07:57] mjmj83 : Jep, 700% is crazy
[2016-11-05 12:08:02] wurstgelee : $.15 is really cheap
[2016-11-05 12:08:11] mjmj83 : per kilowatt?
[2016-11-05 12:08:17] wurstgelee : for example its more like 30 ct (EUR) in .de
[2016-11-05 12:08:34] wurstgelee : i dont know where average cost of all miners is tho
[2016-11-05 12:08:46] mjmj83 : i expect that the big miners don't pay more than 0,15$
[2016-11-05 12:09:00] mjmj83 : miners paying $0,30 can't compete
[2016-11-05 12:09:15] mjmj83 : but, right now they can, because the price is too high ;)
[2016-11-05 12:09:29] wurstgelee : no clue, i am no miner. alol i need to know ist not more profitable than eth and etc atm
[2016-11-05 12:09:30] wurstgelee : =)
[2016-11-05 12:09:39] wurstgelee : *typos
[2016-11-05 12:09:42] wurstgelee : anyways, gott go
[2016-11-05 12:09:43] wurstgelee : bbl
[2016-11-05 12:09:44] mjmj83 : How can you be so sure about that?
[2016-11-05 12:09:45] wurstgelee : *A
[2016-11-05 12:09:53] wurstgelee : mjmj83: that page?
[2016-11-05 12:09:53] mjmj83 : Allright, enjoy yer night out
[2016-11-05 12:09:56] wurstgelee : coinwarz?
[2016-11-05 12:09:57] mjmj83 : ?
[2016-11-05 12:10:10] wurstgelee : well known site, i trust their cals more than yours tbh
[2016-11-05 12:10:11] wurstgelee : :)
[2016-11-05 12:10:15] wurstgelee : *calcs
[2016-11-05 12:10:52] mjmj83 : but you didn't double check it? and you are betting your money on stats from a website
[2016-11-05 12:11:18] wurstgelee : not ar all
[2016-11-05 12:11:20] wurstgelee : at
[2016-11-05 12:11:38] wurstgelee : i am betting my money on .3 and below is a bad place to be short
[2016-11-05 12:11:43] wurstgelee : also a good place to be long
[2016-11-05 12:11:45] wurstgelee : =)
[2016-11-05 12:12:00] wurstgelee : so.
[2016-11-05 12:12:05] wurstgelee : cu
[2016-11-05 12:12:58] lilop : RX 480 Sach earns 3$/ day It is very much
[2016-11-05 12:13:05] lilop : an ZEC
[2016-11-05 12:19:01] mjmj83 : wurstgelee: cu
[2016-11-05 12:44:07] mjmj83 : wurstgelee: ZEC revenue is the same as ETH revenue currently. According to Coinwarz. Soon there will be 4x more ZEC's created.. so make your bet.
[2016-11-05 12:47:31] mjmj83 : So we need at least 4 times more mining power.
[2016-11-05 12:47:56] NL007 : you dont have to be Einsteind to know ZEC wont ever hold these levels
[2016-11-05 12:48:07] NL007 : Einstein
[2016-11-05 12:49:06] NL007 : In a couple weeks daily supply will tripple
[2016-11-05 12:49:27] mjmj83 : But if miners will tripple, what happens?
[2016-11-05 12:50:40] NL007 : more miners doesnt mean automaticly higher hashrate
[2016-11-05 12:51:10] NL007 : if hashrate rises difficulty rises
[2016-11-05 12:52:13] NL007 : growth of daily supply will continue untill day 35
[2016-11-05 12:52:39] NL007 : untill we reach block reward of 12.5 Zec
[2016-11-05 12:54:27] rapidtrades : lol 0.23
[2016-11-05 12:55:34] rapidtrades : good to see sausage is holding the line still
[2016-11-05 12:56:07] hhhhh : rapidtrades: what do you think is a reasonable price for this ZEC?
[2016-11-05 12:56:23] hhhhh : shouldnt be on par with monero
[2016-11-05 12:56:36] rapidtrades : ur right, should be 2x bigger
[2016-11-05 12:59:36] Tetsuo : Damn ETC, choo choo
[2016-11-05 13:00:41] NL007 : Tetsuo: Steem!
[2016-11-05 13:00:47] NL007 : 100% up