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<< >> English 中文 Русский 한국어 日本語 Español Français [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 [2016-11-05 13:00:55] NL007 : o-0 [2016-11-05 13:01:09] rapidtrades : is it? time to dump then [2016-11-05 13:02:10] NL007 : looks like zec btc flowing back into other alts [2016-11-05 13:02:32] rapidtrades : loks like smone is blind [2016-11-05 13:09:20] sleger : confirmed news: ETC7D will settle on ETH price [2016-11-05 13:09:44] Tetsuo : i can confirm! [2016-11-05 13:10:11] shiroe : etc confirmed breakout of bear? lol [2016-11-05 13:13:34] shiroe : To buy a 1dollar etc, or 2 dollar factom? hmm.. [2016-11-05 13:21:25] wurstgelee : sleger, Tetsuo i ordered a lambo 10 mins ago [2016-11-05 13:21:27] REKT : Liquidated long on `XBTUSD`: Sell 3800 @ 698.97 [2016-11-05 13:44:47] REKT : Liquidated long on `XBTUSD`: Sell 150 @ 696.09 [2016-11-05 13:44:47] REKT : Liquidated long on `XBTUSD`: Sell 21995 @ 696.12 **MEGA-REKT** :boom: [2016-11-05 13:45:27] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 695.42 :punch: :whale: [2016-11-05 13:45:44] rapidtrades : does kraken have a referral program? [2016-11-05 13:47:32] REKT : Liquidated long on `XBTZ16`: Sell 5000 @ 716.26 [2016-11-05 13:47:32] REKT : Liquidated long on `XBTUSD`: Sell 1000 @ 694.55 [2016-11-05 13:47:32] REKT : HODL HODL HODL! [2016-11-05 13:52:01] thomaskikansha : HODLER [2016-11-05 13:55:43] Rizky : is your remove margin functionality...broken? [2016-11-05 13:55:49] Rizky : first time using it but not acting right [2016-11-05 14:04:01] Rado : why is STEEM up, anyone know? [2016-11-05 14:06:30] habibi : Rado: if there is any price change just go to main steem page and check articles [2016-11-05 14:06:40] habibi : i bet u will find answer there [2016-11-05 14:06:46] Rado : he he [2016-11-05 14:06:55] Rado : let me try [2016-11-05 14:14:11] hhhhh : can someone explain to me why would anyone buy ZEC contracts at these inflated prices? [2016-11-05 14:14:38] sleger : inflated ? [2016-11-05 14:15:06] hhhhh : sleger: hyped/pumped whatever you wanna call it [2016-11-05 14:15:24] sleger : isnt it cheap here compared to polo ? [2016-11-05 14:16:12] hhhhh : you really think that in 2 months this shitcoin will be still worth 0.25BTC when an established coin with same features MOnero is worth a couple dollars?? [2016-11-05 14:17:24] sleger : people buying on polo certainly think so [2016-11-05 14:17:26] RoftheN : People tend to value things that were overvalued before more valuable [2016-11-05 14:17:54] RoftheN : but 0.25 is pretty high, I'm expecting 0.1 or slightly less [2016-11-05 14:18:22] Rado : RoftheN: what about 0.01 [2016-11-05 14:18:23] RoftheN : And besides, Monero supply is faaaaar higher [2016-11-05 14:18:32] RoftheN : 0.01 is too low, maybe 0.05 [2016-11-05 14:18:51] hhhhh : i think the only reason ZEC is trading at these prices is because every major news outlet like COindesk is invested in the coin so they are hyping the sh** out of it and then also the slowstart [2016-11-05 14:18:52] Rado : well if it's worth shit why 0.05? [2016-11-05 14:20:01] RoftheN : It's mostly the slowstart [2016-11-05 14:20:07] RoftheN : but yeah the new outlets help too [2016-11-05 14:20:32] sleger : zcash is almost as great as onecoin [2016-11-05 14:20:54] RoftheN : Monero supply is so weird: https://upload.wikimedia.org/wikipedia/en/d/db/Monero_coin_supply_and_inflation_over_time.png [2016-11-05 14:21:34] RoftheN : But Onecoin has some very professional tricksters and marketers. Zcash has to do it with cryptofan hype [2016-11-05 14:23:56] NL007 : Zec hype lasted 2 days [2016-11-05 14:42:41] rapidtrades : .....it's been 8 days [2016-11-05 14:43:08] drag : may [2016-11-05 14:43:32] sleger : november [2016-11-05 14:43:46] rapidtrades : February [2016-11-05 14:44:25] rapidtrades : i don't think we're going back abvoe the highs [2016-11-05 14:44:44] rapidtrades : that was the perfect double top followed by news catalyst [2016-11-05 14:45:52] rapidtrades : chinamen prolly got the news in advance so took out $$$ while they could [2016-11-05 14:46:21] rapidtrades : that would also exlain the CNY-USD gap [2016-11-05 14:46:33] rapidtrades : cos they would be buying btccny and selling btcusd [2016-11-05 14:46:56] rapidtrades : to turn their CNY into USD [2016-11-05 14:46:58] khessabi2 : why bitmex put out its lisk?!!! [2016-11-05 14:48:12] rapidtrades : now post-news gap completely gone [2016-11-05 14:50:40] numero : if the ability to exchange cryptocurrencies for fiat was removed . . . do you think cryptos still have intrinsic value as a medium of exchange? [2016-11-05 14:51:16] numero : where I am there are about 2 sites that you can use to get fiat from a bank account, and then there are local traders [2016-11-05 14:52:26] Rado : rapidtrades: we are going to go above the highs, the question is when [2016-11-05 14:53:41] khessabi2 : plz add Lisk bitmex!! [2016-11-05 14:54:16] sleger : they just removed it they wont add your shitcoin back [2016-11-05 14:54:38] Rado : lol [2016-11-05 14:54:47] Rado : khessabi2: did you trade Lisk here? [2016-11-05 14:55:44] khessabi2 : Rado: some...but I want to trade it.....they drop it in the critical moment of lisk...I don know why they do this [2016-11-05 14:56:02] Rado : two reasons [2016-11-05 14:56:07] Rado : people don't trade it [2016-11-05 14:56:25] Rado : and the funding rate is so high it becomes almost untradable [2016-11-05 14:56:26] khessabi2 : Rado: they have to drop litecoin instead [2016-11-05 14:56:39] Rado : khessabi2: sure LTC is also crap [2016-11-05 14:56:41] khessabi2 : Rado: check lite!! [2016-11-05 14:57:11] rapidtrades : litecoin is n3 they're not gonna drop it [2016-11-05 14:57:21] rapidtrades : bitmex don't make the same mistake again [2016-11-05 14:57:57] Rado : rapidtrades: n3? [2016-11-05 14:58:35] rapidtrades : bitcoin, eth lteicoin [2016-11-05 14:58:58] khessabi2 : buy support increasing fast on ETC #polo [2016-11-05 14:59:35] rapidtrades : would be funny is BTCC came out and said 'we're not adding it soon' [2016-11-05 15:05:27] small fich : hi all [2016-11-05 15:05:41] small fich : what is the leverage of xbt ? [2016-11-05 15:06:09] sleger : 5x [2016-11-05 15:06:39] rapidtrades : 2.5/1 [2016-11-05 15:06:45] small fich : then why I see 100X ? [2016-11-05 15:07:15] rapidtrades : THEN WHY ARE U ASKING [2016-11-05 15:07:27] shiroe : :troll: [2016-11-05 15:07:51] small fich : I am new here , so I need to make a confirm it [2016-11-05 15:08:12] sleger : small fich: your eyes are lying to you [2016-11-05 15:11:15] small fich : what is the trading fee for xbt ? [2016-11-05 15:12:07] rapidtrades : bitmex guys rly like to take it easy on the weekend [2016-11-05 15:12:34] sleger : small fich: 1% for entry, 0 for exit [2016-11-05 15:12:34] lockhedge : small fich: click on "References" and/or "Contracts" for answers to basic questions [2016-11-05 15:15:00] small fich : hi guys, do you think bitmex is money safe ? [2016-11-05 15:15:30] shiroe : nahaNo. [2016-11-05 15:15:41] sleger : no we all put money here because we didnt know how else to get rid of it [2016-11-05 15:16:06] numero : I'm investing my student loans :) [2016-11-05 15:16:34] Bosails : sleger: lol [2016-11-05 15:17:24] small fich : nahaNo? @ shiroe what you means ? [2016-11-05 15:18:07] sleger : whis [2016-11-05 15:19:07] public username 321 : test [2016-11-05 15:20:23] mjones : perfect place to short [2016-11-05 15:20:47] rapidtrades : yes but not on ZEC [2016-11-05 15:20:54] rapidtrades : that coin will rip ur face off [2016-11-05 15:21:16] rapidtrades : hey it's always back above 80 cents.... [2016-11-05 15:27:03] wurstgelee : hahahaha