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

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

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

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[2016-11-10 17:19:57] Jokerr : so what is my position @wurstgelee
[2016-11-10 17:20:06] Jokerr : what is my entry? :P
[2016-11-10 17:20:20] Triosho : :p
[2016-11-10 17:20:23] wurstgelee : dunno
[2016-11-10 17:21:20] Jokerr : so how do you know you will liquidate my position lol
[2016-11-10 17:21:56] arbitrage001 : people who short normally dont carry more than twice the position
[2016-11-10 17:22:16] arbitrage001 : since the likelyhoold of something double in value overnight is negligible
[2016-11-10 17:22:26] arbitrage001 : for normal investment
[2016-11-10 17:22:35] arbitrage001 : but we dont live in normal world here
[2016-11-10 17:22:57] wurstgelee : oO
[2016-11-10 17:23:35] arbitrage001 : i am guessing the fist adl will be around 0.25 in mark price
[2016-11-10 17:23:41] arbitrage001 : first adl
[2016-11-10 17:23:48] Jokerr : that's why you shouldn't place a position with everything you have and max leverage, especially with these kinds of markets
[2016-11-10 17:23:52] arbitrage001 : or way below if someone use high leverage
[2016-11-10 17:23:58] Jokerr : few days ago someone just bought everything up till 0.35
[2016-11-10 17:24:03] Jokerr : @zec market
[2016-11-10 17:24:18] wurstgelee : stop orders probably
[2016-11-10 17:24:26] Jokerr : jups
[2016-11-10 17:24:44] Jokerr : not really liquid market yet, so esy to get rekt
[2016-11-10 17:24:56] arbitrage001 : reason why i think shorter have lower than normal intelligence
[2016-11-10 17:25:06] wurstgelee : and the risk for short ~.12 is much higher
[2016-11-10 17:25:10] arbitrage001 : there are much better way to make money elseway with lower risk
[2016-11-10 17:25:24] wurstgelee : also possible profit for longs @ ~.12 is much higher
[2016-11-10 17:25:26] arbitrage001 : thank shorting zcash
[2016-11-10 17:25:27] wurstgelee : ;)
[2016-11-10 17:25:38] arbitrage001 : than shorting zcash that is
[2016-11-10 17:26:24] wurstgelee : so far longs won big time vs shorts here @ zec
[2016-11-10 17:26:39] arbitrage001 : wurstgelee: yea, even as the price goes down
[2016-11-10 17:26:44] wurstgelee : yep
[2016-11-10 17:26:45] arbitrage001 : that speaks volume
[2016-11-10 17:26:52] wurstgelee : never löst a single long since day 1 ;)
[2016-11-10 17:27:04] wurstgelee : where i lost 1 contract to that surprise wall ;)
[2016-11-10 17:27:38] Jokerr : cmoing weeks will tell who is wrong or right
[2016-11-10 17:27:58] arbitrage001 : Jokerr: on what? zcash going down?
[2016-11-10 17:28:06] wurstgelee : Jokerr: no
[2016-11-10 17:28:22] arbitrage001 : even if price goes down, can you with stand the intermediate price spike up?
[2016-11-10 17:28:23] wurstgelee : i cant possibly lose that much with longs
[2016-11-10 17:28:28] wurstgelee : to not win overall ;)
[2016-11-10 17:28:55] Jokerr : Volatility will be less
[2016-11-10 17:29:05] Jokerr : so no problem
[2016-11-10 17:29:09] arbitrage001 : why is that?
[2016-11-10 17:29:24] arbitrage001 : btc market cap is over 1.2B, has volatility drop?
[2016-11-10 17:29:33] arbitrage001 : 12B i mean
[2016-11-10 17:29:33] wurstgelee : because of the vast supply of 300k of which maybe 100k will be on polo until dec 30th? :p
[2016-11-10 17:29:54] wurstgelee : probably less
[2016-11-10 17:32:33] Jokerr : Zcash needs to proof it's not just an altcoin like any other. I know that the supply increase is mentioned 300x in here, but to absorb that much btw per day is madness. The amount of new money flowing in crypto is limited. 7200 zec per day will me mined in a few weeks time
[2016-11-10 17:33:07] Jokerr : maybe 100k will be on the sell side yeah, I think even less then 100k, but the majority will be dumped as usual
[2016-11-10 17:33:14] Jokerr : but it's crypto so we never know
[2016-11-10 17:33:37] Jokerr : I do know that if people want to keep up the price like this they need to have deep pockets
[2016-11-10 17:33:54] arbitrage001 : you underestimate the scale of the money in alt coin market
[2016-11-10 17:33:58] wurstgelee : yep
[2016-11-10 17:34:04] wurstgelee : you clearly do
[2016-11-10 17:34:05] wurstgelee : ;)
[2016-11-10 17:36:09] Jokerr : nahh, you see when btc goes up, all alts go down, that tells me enough about the amount of money in crypto
[2016-11-10 17:36:37] wurstgelee : hehe, yes, it does =)
[2016-11-10 17:53:11] asdfy : test
[2016-11-10 17:59:40] CaptainDean : so moods is BTC will sink
[2016-11-10 18:00:07] CaptainDean : current mood*
[2016-11-10 18:23:16] rapidtrades : oh look we retraced all the gains from trump win
[2016-11-10 18:23:23] rapidtrades : i thought we were going to 1000?
[2016-11-10 18:24:30] wurstgelee : we didnt do the full retrace yet
[2016-11-10 18:25:26] rapidtrades : ur right, we need to drop $1
[2016-11-10 18:26:32] wurstgelee : 4820....
[2016-11-10 18:26:52] rapidtrades : f*ck china
[2016-11-10 18:27:18] REKT : Liquidated long on `XBTUSD`: Sell 5990 @ 711.02
[2016-11-10 18:27:37] Dtrade16 : I predicted we would drop to the same level as before trump yesterday after china woke up
[2016-11-10 18:27:52] Dtrade16 : We may even go a bit lower?
[2016-11-10 18:27:52] wurstgelee : first FL results came in @ 709, we are @ 713
[2016-11-10 18:27:57] wurstgelee : $4
[2016-11-10 18:28:13] wurstgelee : thats for stamp
[2016-11-10 18:28:30] rapidtrades : Dtrade16: I predicted it before the election
[2016-11-10 18:28:46] Dtrade16 : maybe 700-705 now
[2016-11-10 18:28:49] rapidtrades : guess i should've shorted at 740 lol
[2016-11-10 18:28:55] Dtrade16 : rapidtrades: right
[2016-11-10 18:29:02] shiroe : 4800 full retrace? or 700?
[2016-11-10 18:29:10] Dtrade16 : rapidtrades: you were pretty quiet from what I recall
[2016-11-10 18:29:32] rapidtrades : was trading forex
[2016-11-10 18:29:50] Dtrade16 : lol
[2016-11-10 18:30:16] Dtrade16 : We may even go lower don't you guys think
[2016-11-10 18:30:51] QuantFocus : yes
[2016-11-10 18:30:54] Dtrade16 : I mean if trump comes out with some awesome speech regarding the economy
[2016-11-10 18:30:58] rapidtrades : it will be hard for BTC to drop while the Yuan keeps weakening
[2016-11-10 18:31:14] rapidtrades : that is barring another ban news
[2016-11-10 18:31:30] QuantFocus : technicals still super weak
[2016-11-10 18:31:43] Dtrade16 : why is it dropping right now then?
[2016-11-10 18:31:53] Dtrade16 : the yuan is weak
[2016-11-10 18:32:53] rapidtrades : retracing the Trump pump
[2016-11-10 18:34:53] REKT : Liquidated long on `XBTUSD`: Sell 2680 @ 710.70
[2016-11-10 18:47:52] wurstgelee : hmmmmmm
[2016-11-10 19:15:56] imabeast : wurstgelee: yooo
[2016-11-10 19:16:05] imabeast : wurstgelee: what are u in right now?
[2016-11-10 19:16:24] Apocalyptic : long ZEC obviously
[2016-11-10 19:16:47] Apocalyptic : oh wait that was rapid, nevermind
[2016-11-10 19:18:08] kradiav : shots fired :D
[2016-11-10 19:18:33] imabeast : Apocalyptic: lmao
[2016-11-10 19:18:48] QuantFocus : here we go...maybe
[2016-11-10 19:22:13] shiroe : i wonder how many times 710 wil be tested before recovering .
[2016-11-10 19:22:28] Boontjie : shiroe: if it recovers
[2016-11-10 19:22:54] shiroe : someone keeps reloading at 711 level.
[2016-11-10 19:26:14] DareDevil : 707 soon
[2016-11-10 19:27:35] imabeast : think it breaks 710
[2016-11-10 19:28:07] kradiav : back to $600
[2016-11-10 19:28:25] imabeast : maybe like 630-650
[2016-11-10 19:29:23] kradiav : The REKT law dictates that price will drop lower even when you take into account the REKT law
[2016-11-10 19:30:41] DareDevil : market price already 708
[2016-11-10 19:31:03] DareDevil : currently no signs of recovering on major exchanges yet
[2016-11-10 19:32:51] DareDevil : seems like someone here doesn't want some longs to REKT, they keep buying 711 / 712 :P
[2016-11-10 19:33:39] shiroe : seems 4888 is a lucky houbi number.
[2016-11-10 19:34:18] DareDevil : what coin?
[2016-11-10 19:37:12] CaptainDean : BTC ...
[2016-11-10 19:37:19] CaptainDean : in Yen
[2016-11-10 19:40:35] wurstgelee : yen?
[2016-11-10 19:42:26] CaptainDean : Yuan
[2016-11-10 19:42:55] CaptainDean : Whatever the fuck is at Huobi
[2016-11-10 19:44:43] wurstgelee : oO
[2016-11-10 20:32:01] Jokerr : Approximately 131,250 Zcash coins were distributed among investors at a price of $15.24 per coin against the $2 million raised during the summer round of funding.
[2016-11-10 20:32:05] Jokerr : nice roi at this price
[2016-11-10 20:35:15] mjones : That doesn't seem legit
[2016-11-10 20:36:15] BitMEX_Sam : I think that is distributed as a split of the founder's reward
[2016-11-10 20:36:28] BitMEX_Sam : So they get it over a timeframe, but not sure what that timeframe is. Might be the full 2yrs
[2016-11-10 20:36:42] Apocalyptic : it's 4 years
[2016-11-10 20:36:53] Apocalyptic : they get no reward after that
[2016-11-10 20:37:33] BitMEX_Sam : Ah you're right, late 2020.
[2016-11-10 20:37:48] CaptainDean : 20% reward is shit
[2016-11-10 20:38:07] BitMEX_Sam : I agree that it's high
[2016-11-10 20:38:33] BitMEX_Sam : Although I know from experience that good code doesn't write itself and the talent has to come from somewhere. But if ZEC reaches anywhere near the use of Bitcoin, 20% is a massive drain
[2016-11-10 20:39:06] CaptainDean : It's like sticking a huge dildo everytime you found a block (I'm using rapids spirit here) looool
[2016-11-10 20:39:32] BitMEX_Sam : Hah, not sure I'd go that far.
[2016-11-10 20:39:44] CaptainDean : BitMEX_Sam: yeah i'm kdding, it's high for sure
[2016-11-10 20:49:01] Jokerr : If a coin had 5% premine people already called it a scam
[2016-11-10 20:49:13] Jokerr : now with 20% reward, it's okay
[2016-11-10 20:53:07] QuantFocus : it's not really that bad, considering there was no ico or premine
[2016-11-10 20:53:31] QuantFocus : essentially pays for them to commit to work on it for at least 4 years
[2016-11-10 20:54:28] BitMEX_Sam : Yeah that's the idea.
[2016-11-10 20:54:48] Apocalyptic : ^ this. With premine you have no incentive to continue development, thus you can dump the stash and abandon the coin. This incentivize continuous work for the timeframe
[2016-11-10 21:03:28] NL007 : QuantFocus: the devs already received thousands of Zec. Thats a bag of btc.
[2016-11-10 21:07:47] anonymous789 : nice the interest rate going short is better than what i get at my retail bank
[2016-11-10 21:10:50] sleger : yes and keeping money on an exchange is definitely safer too !
[2016-11-10 21:24:24] QuantFocus : sleger: :thumbsup:
[2016-11-10 21:26:00] Tetsuo : I´m doin even better, i´m holdin almost12k LTC @ OKC without getting any interest. Beat that u fools!
[2016-11-10 21:26:13] rapidtrades : u moron
[2016-11-10 21:26:52] QuantFocus : anonymous789: if you were collecting your 8%/year on bitfinex you would only have to take a 33% haircut
[2016-11-10 21:27:00] QuantFocus : not bad
[2016-11-10 21:29:13] anonymous789 : indeed pretty good
[2016-11-10 21:33:13] sleger : Tetsuo: just short the ltc futures at least you get something out of it
[2016-11-10 21:34:51] anonymous789 : good idea
[2016-11-10 21:41:01] sleger : maybe he is waiting for a ltc pump
[2016-11-10 21:41:55] Tetsuo : yes, my chickuns gonna fly soon....
[2016-11-10 21:42:27] Tetsuo : LTC/BTC @ 0.005 will be the bottom
[2016-11-10 21:43:27] Apocalyptic : ltc is a dead coin
[2016-11-10 21:43:31] Tetsuo : bought most of them in the 3.50-4.20$ range, not much room downards left i think, so i won´t short
[2016-11-10 21:43:38] Apocalyptic : good luck waiting for that
[2016-11-10 21:44:23] sleger : ltc will take forever to die
[2016-11-10 21:45:53] Apocalyptic : that's also true
[2016-11-10 21:46:00] Apocalyptic : but it will... slowly
[2016-11-10 21:46:30] Apocalyptic : too bad there isn't a perpetual LTC swap here
[2016-11-10 21:46:43] sleger : there was
[2016-11-10 21:46:47] Apocalyptic : I know
[2016-11-10 21:47:11] Apocalyptic : expired last Friday or something, and now we're left with this linear short term future
[2016-11-10 21:47:27] sleger : i asked many times for 30d
[2016-11-10 21:47:36] sleger : i/o 7d
[2016-11-10 21:47:37] Tetsuo : 30d would be awesome
[2016-11-10 21:47:45] Apocalyptic : I asked why it was removed, but apparently no one knows
[2016-11-10 21:47:51] sleger : Apocalyptic: yes funding
[2016-11-10 21:48:05] sleger : funding was too volatile, everyone complained
[2016-11-10 21:48:25] Tetsuo : we have to annoy them a bit more, and in a few weeks they will give up, like they always do and give us 30d
[2016-11-10 21:48:55] Tetsuo : for other alts of course too
[2016-11-10 21:49:53] sleger : arthur claimed their mm doesnt want to
[2016-11-10 21:50:18] sleger : but the reason did not make sense : he said it was because it would require them to hold too much at polo (for hedging)
[2016-11-10 21:50:31] sleger : however they were ok with the swap which is even longer term, so wtf....
[2016-11-10 21:50:59] Tetsuo : ...
[2016-11-10 21:51:32] Apocalyptic : sleger: indeed, sounds like bs
[2016-11-10 21:52:17] sleger : i think the real reason is obvious, they know most people dont churn alts, they just hold, so 7d = 4x more fees
[2016-11-10 21:53:29] zanza : basically sleger lol
[2016-11-10 21:56:24] sleger : if that is actually the real reason then i'd be fine with higher fees and a 30d product
[2016-11-10 21:57:33] Apocalyptic : same here
[2016-11-10 22:01:58] RocketScience : why not both?
[2016-11-10 22:02:07] RocketScience : ;)
[2016-11-10 22:03:42] rasdasd : btc breaking up the triangle
[2016-11-10 22:03:59] rasdasd : 750 here we go again
[2016-11-10 22:05:46] viptrader : short here
[2016-11-10 22:05:53] viptrader : close at 350$
[2016-11-10 22:06:59] Jokerr : lol 350
[2016-11-10 22:07:28] viptrader : yup
[2016-11-10 22:08:07] rasdasd : lol cny at lowest point in 2016..chinese are gonna pump btc
[2016-11-10 22:08:21] REKT : Liquidated long on `FCT7D`: Sell 400 @ 0.002997
[2016-11-10 22:09:06] viptrader : rasdasd: aka, cny gonna pump
[2016-11-10 22:09:08] viptrader : btc gonna dump
[2016-11-10 22:09:16] viptrader : we are in a double top
[2016-11-10 22:09:23] viptrader : btc gonna doom so hard
[2016-11-10 22:09:27] rasdasd : it will pump but not yet
[2016-11-10 22:09:28] viptrader : people gonna freakout
[2016-11-10 22:09:45] sleger : and one is gonna get rekt
[2016-11-10 22:09:58] rasdasd : you are trying to get your longs filled? @viptrader
[2016-11-10 22:10:14] viptrader : hell no
[2016-11-10 22:10:22] viptrader : im shorting this on every bounce
[2016-11-10 22:10:25] viptrader : doom from here
[2016-11-10 22:10:50] Tetsuo : viptrader: go all in ! Max leverage max profit!
[2016-11-10 22:11:23] viptrader : see you below 700
[2016-11-10 22:11:25] viptrader : tomorrow
[2016-11-10 22:11:47] kradiav : the true reversal will happen with a huge dump and pump, don
[2016-11-10 22:11:58] kradiav : don't buy yet.. short every bouch
[2016-11-10 22:12:07] kradiav : bounce*
[2016-11-10 22:12:35] anonymous789 : if people came into bitcoin/gold as a hedge from the stock markets there will be an inevitable correction in those respective instruments. I feel bitcoin still has to correct further before it can go higher, but what do i know...
[2016-11-10 22:12:52] mjones : fct full retrace of that pump
[2016-11-10 22:12:57] anonymous789 : stock markets at all time highs right now
[2016-11-10 22:12:59] anonymous789 : no need to hedge
[2016-11-10 22:13:29] viptrader : sp500 going for ATH, btc going to doom
[2016-11-10 22:13:37] viptrader : btc silver and gold gonna doom
[2016-11-10 22:13:41] viptrader : u will see
[2016-11-10 22:13:47] anonymous789 : i dunno about doom, but i think much lower
[2016-11-10 22:13:54] anonymous789 : ~650 i think maybe
[2016-11-10 22:15:12] viptrader : yeah
[2016-11-10 22:15:16] viptrader : 630 will come first
[2016-11-10 22:15:31] anonymous789 : we will see what chinese do
[2016-11-10 22:16:37] Rado : I predict viptrader will not be here in a month
[2016-11-10 22:16:45] Tetsuo : Rado: +1
[2016-11-10 22:17:49] Tetsuo : seems like he is kneedeep in his short
[2016-11-10 22:18:46] viptrader : barry shillbert just sold his btc
[2016-11-10 22:18:47] viptrader : for fiat
[2016-11-10 22:18:57] viptrader : https://twitter.com/barrysilbert/status/796838504445702144
[2016-11-10 22:19:02] viptrader : DOOOOOOOM
[2016-11-10 22:19:38] Tetsuo : fail
[2016-11-10 22:19:43] BitMEX_Sam : It doesn't say that at all
[2016-11-10 22:20:11] sleger : "My move to all cash and digital currency has begun"
[2016-11-10 22:20:17] sleger : vip trader is a troll
[2016-11-10 22:20:54] Tetsuo : sleger: haven´t u been here during the zec hype, there are a lot of those guys, and they (sadly) are real
[2016-11-10 22:21:03] viptrader : sleger: digital currency means not bitcoin
[2016-11-10 22:21:05] viptrader : means altcoins
[2016-11-10 22:21:09] viptrader : you troll
[2016-11-10 22:21:30] viptrader : he moved to cash
[2016-11-10 22:21:31] sleger : viptrader: you can have your own opinions, but they are shared by noone else but you it seems
[2016-11-10 22:21:34] viptrader : and altcoins
[2016-11-10 22:21:45] viptrader : which is probably etc
[2016-11-10 22:21:52] BitMEX_Sam : ????
[2016-11-10 22:22:09] viptrader : he sold his btc to cash, he is expecting 350$ for btc too
[2016-11-10 22:22:15] viptrader : 50% downside
[2016-11-10 22:22:42] sleger : considering he is also a troll, it makes sense
[2016-11-10 22:22:55] Tetsuo : viptrader: shut up or u will be banned, withdrawls ( of your 0.167BTC) will also be halted during that time
[2016-11-10 22:23:13] viptrader : Tetsuo: who are you
[2016-11-10 22:23:29] Tetsuo : viptrader: not ur friend
[2016-11-10 22:23:37] viptrader : why are you attacking
[2016-11-10 22:23:43] viptrader : and who are you to ban people
[2016-11-10 22:23:51] viptrader : BitMEX_Sam: can you block this guy?
[2016-11-10 22:24:23] sleger : lol, i think he is more likely to block you
[2016-11-10 22:24:48] viptrader : i have quoted someone
[2016-11-10 22:24:53] viptrader : i didnt say any of my words
[2016-11-10 22:24:59] viptrader : not sure why the butthurt
[2016-11-10 22:26:05] sleger : that quote "viptrader: barry shillbert just sold his btc" ? lol
[2016-11-10 22:26:12] QuantFocus : i could see 650 as well
[2016-11-10 22:26:22] QuantFocus : but i'm close to neutral hedge, so we'll see
[2016-11-10 22:26:48] QuantFocus : this rally has been going on for 5 weeks though, which is relatively long without a sustained drawdown
[2016-11-10 22:27:12] rasdasd : huobi defending that 4900 level really nice
[2016-11-10 22:27:32] REKT : Liquidated long on `XMR7D`: Sell 28 @ 0.008632
[2016-11-10 22:28:16] anonymous789 : QuantFocus: agreed
[2016-11-10 22:28:32] Dtrade16 : Markets so effing manipulated
[2016-11-10 22:28:37] rasdasd : alts dumping as well..we might see new run up tonight
[2016-11-10 22:29:00] Dtrade16 : those wall street bastards all need to be thrown in prison
[2016-11-10 22:29:38] Dtrade16 : How is gold down with all this uncertainty
[2016-11-10 22:29:53] anonymous789 : how are stocks at all time highs haha
[2016-11-10 22:29:58] Dtrade16 : I know wtf
[2016-11-10 22:30:12] Dtrade16 : That's how you know everything is rigged
[2016-11-10 22:30:35] anonymous789 : i have a theory that we see the stock market go up until the day trump is sworn into office
[2016-11-10 22:30:47] anonymous789 : so some time january i think massive crash
[2016-11-10 22:31:09] viptrader : btc at 711 on bistamp
[2016-11-10 22:31:39] anonymous789 : was 709 earlier
[2016-11-10 22:31:42] Apocalyptic : how are stocks at all time highs haha <- Janet buying like crazy
[2016-11-10 22:31:52] QuantFocus : amen brother
[2016-11-10 22:32:01] QuantFocus : thanks for the helicopter money
[2016-11-10 22:32:07] anonymous789 : Apocalyptic: that's certainly possible, how would we know
[2016-11-10 22:32:10] rasdasd : 720 tonight
[2016-11-10 22:32:20] rasdasd : zec always go up with btc
[2016-11-10 22:32:27] anonymous789 : fed reserve a private bank anyway
[2016-11-10 22:36:28] Rado : Barry meant he is out of the stock market and will hold cash and BTC
[2016-11-10 22:37:42] miramm1115 : not sure about moving out of the stock market completely but having cash and BTC never hurts
[2016-11-10 23:00:51] REKT : Liquidated long on `XMR7D`: Sell 253 @ 0.008507
[2016-11-10 23:14:07] micmix : nice digest today, always a good read @BitMEX_Arthur
[2016-11-10 23:15:11] BitMEX_Sam : I definitely laughed at `Grab Them By The Rupee`
[2016-11-10 23:15:23] micmix : lol
[2016-11-10 23:15:24] BitMEX_Sam : Lots to write about lately
[2016-11-10 23:16:38] micmix : yep, lots of things happening with global economy
[2016-11-10 23:20:32] rasdasd : btc short 720
[2016-11-10 23:24:27] REKT : Liquidated short on `XBTUSD`: Buy 3000 @ 714.47
[2016-11-10 23:24:45] mjones : btc heading back to 5000 cny
[2016-11-10 23:26:52] rasdasd : mjones: yep not smart to short now
[2016-11-10 23:38:54] Dtrade16 : china pump guys?
[2016-11-10 23:49:26] rasdasd : Dtrade16: looks like
[2016-11-10 23:49:31] rasdasd : we will see tonight
[2016-11-10 23:49:48] Dtrade16 : you long?
[2016-11-11 00:00:42] Tetsuo : https://www.youtube.com/watch?v=PjZoljZcVcw lololol
[2016-11-11 00:02:40] Tetsuo : what´s wrong with kids today?
[2016-11-11 00:03:51] rasdasd : Dtrade16: yep
[2016-11-11 00:03:55] rasdasd : from 710
[2016-11-11 00:04:08] rasdasd : only x5 tho
[2016-11-11 00:52:42] mjones : zec dump
[2016-11-11 00:58:52] Jokerr : mainly bots playing zec
[2016-11-11 00:59:16] Jokerr : but yeah you could expect it
[2016-11-11 00:59:29] Jokerr : wonder if it will retest 0.25 area
[2016-11-11 00:59:54] jonny : i mine zec, sell and buy future
[2016-11-11 00:59:58] jonny : yay
[2016-11-11 01:01:24] jonny : while the first slow month is getting old if network hashrate keeps growing, then future price should too
[2016-11-11 01:03:35] REKT : Liquidated long on `ZECZ16`: Sell 8 @ 0.115555
[2016-11-11 01:03:42] mjones : oh it's starting
[2016-11-11 01:03:54] Rado : jonny: you want to lose the funds from mining?
[2016-11-11 01:03:54] mjones : glad i didnt long zec thinking it'd bounce
[2016-11-11 01:04:44] jonny : double safe, profitable mining, and a chance to rise
[2016-11-11 01:04:55] jonny : Rado: of course both prices will be similar soon
[2016-11-11 01:09:29] Rado : Sigh
[2016-11-11 01:10:43] jonny : Rado: hm? more precisely?
[2016-11-11 01:10:56] jonny : Rado: did i misunderstand you?
[2016-11-11 01:25:55] Techemy : So this happened: http://www.newsweek.com/major-broker-adds-bitcoin-its-books-516600
[2016-11-11 01:26:29] sleger : yes about a week ago
[2016-11-11 01:26:35] sleger : and it's really not a big deal at all
[2016-11-11 01:26:41] sleger : dummy
[2016-11-11 01:26:47] Techemy : lol why's that
[2016-11-11 01:29:22] REKT : Liquidated short on `XBTUSD`: Buy 10 @ 715.47
[2016-11-11 01:43:17] bernx : CNY news
[2016-11-11 01:43:20] bernx : Check this our
[2016-11-11 01:44:52] iefken : ?
[2016-11-11 01:48:06] sleger : Techemy: because its just a price feed dummy
[2016-11-11 01:49:40] Techemy : Just a price feed? You do realize access to pricing through conventional channels is key to growth right?
[2016-11-11 01:50:27] sleger : bloomberg had btc price for years
[2016-11-11 01:50:28] Techemy : TPI is merging with ICAP. They will be the largest inter-dealer broker on the planet. Already connected to... everything institutional and forex.
[2016-11-11 01:51:19] Techemy : This pumps pricing through 100's of channels. BB/reuters/cme are just 1 exchange/venue at a time. this will be the widest distribution to date.
[2016-11-11 01:52:04] Techemy : next natural step is to broker bitcoin (duh) on the back of the interest this generates. I see this as a big deal for bitcoin
[2016-11-11 01:52:13] sleger : yes i'm sure whoever wanted to find the price before did not have access to internet before
[2016-11-11 01:52:50] Techemy : thats not the point. the point is pushing it through formal channels and apps.
[2016-11-11 01:53:23] Techemy : asset managers can't get into a new asset class unless their internal policy and existing data suppliers carry it
[2016-11-11 01:53:38] sleger : they cant until its traded somewhere they can trade
[2016-11-11 01:54:34] Techemy : how do you think new instruments get listed? it starts with pricing. lol these guys aren't going to go to bitcoin average and start offering bitcoin products to their clients
[2016-11-11 01:55:35] sleger : i saw that news when it came out, a week ago, and regarded it as it is, good, but really not that big of a deal, price impact confirmed it : 0
[2016-11-11 01:56:02] sleger : but thanks for sharing news it's important ! by the way did you see ??? UK is leaving europe, they just had a referendum
[2016-11-11 01:56:27] PlatinumPresto : do you believe this merger will push btc past 800?
[2016-11-11 01:56:41] Techemy : merger?
[2016-11-11 01:56:54] PlatinumPresto : TPI & ICAp
[2016-11-11 01:57:11] sleger : ZERO impact
[2016-11-11 01:58:00] Techemy : Sleger clearly has years of experience in capital markets lol the ignorance is asstounding
[2016-11-11 01:58:13] sleger : correct
[2016-11-11 01:58:18] Techemy : No the merger will nto effect bitcoin
[2016-11-11 01:58:35] Techemy : when they start brokering and clearing services for bitcoin = yes
[2016-11-11 01:58:41] sleger : hey correct again see you're already making progress on your first day here !
[2016-11-11 01:59:05] Techemy : yeah i just found out about bitcoin 5 min ago apparantly
[2016-11-11 01:59:17] sleger : apparEntly
[2016-11-11 01:59:32] Techemy : not worth prop spelging for trolls
[2016-11-11 01:59:37] Techemy : :)
[2016-11-11 02:08:19] Jokerr : can z-cash already be used for anon transactions? afaik not https://github.com/zcash/zcash/issues/1811
[2016-11-11 02:16:28] iefken : dont think it was already activated, not sure tho
[2016-11-11 02:16:31] mjones : i'm glad there is another futures market maker
[2016-11-11 02:19:15] Jokerr : 3 years of development, millions of funding and still no anon lol
[2016-11-11 02:19:39] micmix : mjones: he might be gone soon
[2016-11-11 02:24:57] Apocalyptic : Techemy: wait for the Winklewoss' or any other ETF listing, now that will probably have an impact
[2016-11-11 02:26:46] Techemy : Apocalyptic: def will have massive impact yes
[2016-11-11 02:33:03] micmix : The Economist _really_ doesn't like Trump
[2016-11-11 02:35:04] bernx : micmix: thats why rally everywhere?
[2016-11-11 02:37:04] micmix : rally now, dump in Jan. everyone need to show quarterly profits
[2016-11-11 02:38:06] Apocalyptic : micmix: shocking
[2016-11-11 02:38:30] Apocalyptic : leftists gonna hate
[2016-11-11 02:41:55] micmix : I guess I'm a big lefty because I think that women are people and climate change is real ;-)
[2016-11-11 02:44:53] iefken : micmix: good for you bro
[2016-11-11 02:50:17] viptrader : hey guys
[2016-11-11 02:50:28] viptrader : is it good to hold a long/short btc position for months
[2016-11-11 02:50:35] viptrader : if u know the direction
[2016-11-11 02:50:48] viptrader : i mean will it rekt me for fees or something?
[2016-11-11 02:52:59] j8 : swap funding fees are unpredictable in the long term. it could benefit you, or cost you a lot. the dec 30 future has no fees for holding.
[2016-11-11 02:54:54] j8 : historically the swap has been great for shorts, expensive for longs. only a few months of data in a bull market though.
[2016-11-11 02:56:26] micmix : the cap is lower now bc swap was changed to 100x, so we have very little data for the funding fees with new cap
[2016-11-11 02:57:51] micmix : it might end up cheaper to hold but you never know. dec. futures are safer in a sense that you know how much premium you pay when you buy
[2016-11-11 03:03:47] billyboy402 : there a ~4.4% premium atm the moment , 46 days . that mean it better to short it then collect the funding cost , as you would need to be 0.03% or more X 3 time a day X 46 day .... on avg over the last month it been less then 0.02%
[2016-11-11 03:03:58] mjones : waiting for btc movement. maybe now
[2016-11-11 03:05:26] viptrader : and what's the difference between DEC30 to SWPA
[2016-11-11 03:05:34] viptrader : im looking for short entry
[2016-11-11 03:05:37] mjones : funding
[2016-11-11 03:05:37] viptrader : and leave it for months
[2016-11-11 03:05:44] viptrader : which one is reccmomnded?
[2016-11-11 03:05:53] mjones : swap if you are shorting
[2016-11-11 03:05:58] viptrader : mjones: thnx
[2016-11-11 03:07:41] jose : no, if you leave it for months, you should use futures
[2016-11-11 03:07:51] +1 : viptrader: if leaving it for months, use DEC30
[2016-11-11 03:08:13] micmix : viptrader: swap premium will turn negative during the dump and shorts will have to pay funding
[2016-11-11 03:08:15] viptrader : less fees?
[2016-11-11 03:08:35] jose : viptrader: known outcome ;)
[2016-11-11 03:08:52] viptrader : but futures end in 2 months
[2016-11-11 03:08:53] jose : swap is for day trading
[2016-11-11 03:09:05] viptrader : i want it for more months
[2016-11-11 03:09:06] viptrader : 5-6
[2016-11-11 03:09:33] jose : viptrader: it doesnt exist
[2016-11-11 03:10:02] viptrader : mjones: what do u think
[2016-11-11 03:12:03] jose : viptrader: it doesnt make anything to hedge you bitcoin on a swap contract
[2016-11-11 03:14:43] j8 : viptrader: sell the dec 30 future and roll it after the new one lists.
[2016-11-11 03:15:19] viptrader : j8: roll it u mean open a new contracts?
[2016-11-11 03:15:53] viptrader : that gonna rekt me, because i wouldnt know where the top is and where it could bounce
[2016-11-11 03:15:59] j8 : close the near expiry (dec) and open on the far expiry
[2016-11-11 03:16:01] viptrader : but right now i beleive the top is in
[2016-11-11 03:35:44] mjones : i am on the side of the bulls. if you short swap yes, you may pay funding sometimes. but perhaps price goes sideways and up and you receive funding. but if you are shorting during a pump you lose money. i honestly dont see why you would short long term
[2016-11-11 03:36:20] mjones : someone wants to buy a billion dollars worth of BTC and price goes sky high
[2016-11-11 03:37:36] mjones : price has been in uptrend for 15 months. i bet it goes sideways then sky rockets
[2016-11-11 03:40:42] j8 : i short to hedge but yeah, haven't been short short in over a year
[2016-11-11 03:46:55] mjones : yeah there are times to short and that's after a huge ass pump. i dont call what we just did a huge ass pump
[2016-11-11 03:47:28] mjones : but perhaps in the next days to weeks price goes down a bit and back up till it finally breaks up to new highs
[2016-11-11 03:48:02] mjones : 4906 CNY now. Could hit 4600 CNY then back up
[2016-11-11 03:48:15] bernx : mjones: Do you real?
[2016-11-11 03:48:27] mjones : i am pretty fucked up right now
[2016-11-11 03:48:40] bernx : CHINA SETS YUAN FIXING AT 6.8115
[2016-11-11 03:48:41] mjones : smoke a lil bit, drink a lil bit, pop a lil bit. get fucked up
[2016-11-11 03:48:48] mjones : shit dump the coins
[2016-11-11 03:48:53] mjones : bitcorns being dumped in china
[2016-11-11 03:49:31] mjones : 100x short. i cant wait till 200x
[2016-11-11 03:49:51] mjones : gonna make twice as much money on 200x
[2016-11-11 04:23:43] iefken : the only real sure short is zcash, but do as you will :p
[2016-11-11 04:33:21] mjones : rip zec longers
[2016-11-11 04:33:31] mjones : gonna see under .1
[2016-11-11 04:36:55] mjones : october 1 last time price was this low on bitmex
[2016-11-11 04:38:50] iefken : i was crying the day it reached 5btc+
[2016-11-11 04:39:15] iefken : i could've bought one share for 0.32 but only had 0.3 and my other deposit wasnt confirming untill the day after
[2016-11-11 04:39:34] iefken : wouldve been nice lol
[2016-11-11 04:40:09] Dtrade16 : Why are people selling BTC?
[2016-11-11 04:40:18] Tetsuo : @mjones "gonna make twice as much money on 200x " :-D i like it when you´re high!
[2016-11-11 04:40:20] Dtrade16 : Yuan up or something?
[2016-11-11 04:41:19] iefken : usd down i think
[2016-11-11 04:41:53] Dtrade16 : thx
[2016-11-11 04:46:51] mjones : once .25 breaks for zec i wonder how low it'll go
[2016-11-11 04:48:33] QuantFocus : i want to agree, until we get that crazy pump
[2016-11-11 04:48:45] QuantFocus : too risky for me. staying out
[2016-11-11 04:48:52] iefken : well if you consider all other variables constant and take only the supply of zcoins in consideration, the price will go down x15
[2016-11-11 04:49:51] QuantFocus : but who takes all other variables as constant?
[2016-11-11 04:49:56] QuantFocus : i surely don't, not in crypto
[2016-11-11 04:50:56] iefken : QuantFocus: no one is crazy enough to pump zec here... it would take like 330 contracts to get the price of polo atm (and its going down as we speak) which meansatleast 0.115*330= lets say 30btc+
[2016-11-11 04:51:20] QuantFocus : that's chump change
[2016-11-11 04:51:22] iefken : you would need to pump it to current polo price
[2016-11-11 04:51:54] iefken : and the supply of zcash will be 15x on 30dec
[2016-11-11 04:52:10] iefken : you tell me if someone will pump that :p
[2016-11-11 04:52:15] QuantFocus : ok, but if someone pumps it on polo, it will impact price here
[2016-11-11 04:52:33] iefken : not directly
[2016-11-11 04:52:37] QuantFocus : and with over 100,000btc traded on eth at one point, i wont risk it
[2016-11-11 04:52:44] QuantFocus : that was in 24 hours
[2016-11-11 04:53:03] iefken : at polo or here?
[2016-11-11 04:53:09] QuantFocus : polo
[2016-11-11 04:53:19] iefken : lol thats alot
[2016-11-11 04:53:20] QuantFocus : but you're saying 30btc here to get to spot
[2016-11-11 04:53:28] QuantFocus : 30btc is nothing
[2016-11-11 04:53:31] iefken : in future contracts here at bitmex
[2016-11-11 04:53:38] QuantFocus : still...
[2016-11-11 04:53:49] QuantFocus : if someone wanted to manipulate that market to get margin calls, it's possible
[2016-11-11 04:53:52] QuantFocus : quite possible
[2016-11-11 04:54:00] iefken : be my guest to long lol
[2016-11-11 04:54:10] QuantFocus : i said i'm staying out
[2016-11-11 04:54:16] iefken : yea sorry indeed
[2016-11-11 04:54:21] QuantFocus : do i think it's overpriced? yes
[2016-11-11 04:54:29] QuantFocus : do i believe that this market can be manipulated? yes
[2016-11-11 04:55:07] iefken : well, you can manipulate everything, but well, i dont have those means so its not the first thing i think about :p
[2016-11-11 04:55:20] QuantFocus : maybe it should be
[2016-11-11 04:55:31] QuantFocus : but feel free to transfer funds to other users here
[2016-11-11 04:55:38] iefken : lol
[2016-11-11 04:56:12] iefken : i just play with peanuts untill perhaps in 2050 i can predict the markets successfully
[2016-11-11 04:59:35] QuantFocus : good luck to you :smile:
[2016-11-11 05:00:42] iefken : thanks :p
[2016-11-11 05:46:54] GerryHYH : Hi
[2016-11-11 05:47:02] GerryHYH : anyone from BitMEX can help?
[2016-11-11 05:47:11] GerryHYH : I'm not getting any confirmation email for withdrawing
[2016-11-11 05:57:59] Zodwa : Hi
[2016-11-11 06:02:29] Zodwa : anyone who can help me....I am new in here
[2016-11-11 06:09:49] BitMEX_Wally : GerryHYH: Hello, let me check
[2016-11-11 06:12:35] BitMEX_Wally : GerryHYH: The withdrawal email was sent to your hotmail.com address, please check your spam folder
[2016-11-11 06:45:33] viptrader : any idea why my liq price keep increasing? i dont complain, it's good for me
[2016-11-11 06:45:50] Dtrade16 : BTC?
[2016-11-11 06:46:04] viptrader : yup
[2016-11-11 06:46:09] viptrader : swap
[2016-11-11 06:46:46] viptrader : short entry 715.18, liq was yesterday 720, today 721.36
[2016-11-11 06:47:28] j8 : because you got paid the funding a couple times
[2016-11-11 06:48:25] viptrader : j8: you get paid as long as you in profit?
[2016-11-11 06:48:46] j8 : no you get paid if you're short and the funding rate is positive
[2016-11-11 06:49:02] j8 : or if you're long and the rate is negative
[2016-11-11 06:49:15] viptrader : oh ok
[2016-11-11 06:49:22] viptrader : weird stuff
[2016-11-11 06:49:26] viptrader : but i will take it
[2016-11-11 06:49:54] GerryHYH : Hey Wally
[2016-11-11 06:50:00] GerryHYH : I checked my junk mail, no luck sir
[2016-11-11 06:51:12] j8 : viptrader: it is a bit complicated and unpredictable, that's why we were recommending the dec 30 future for long term positions.
[2016-11-11 06:52:30] j8 : if the market turns you could start paying big funding fees, instead of receiving them
[2016-11-11 06:52:45] iefken : on what do the funding fees depend?
[2016-11-11 06:53:47] j8 : that's all in https://www.bitmex.com/app/swapsGuide
[2016-11-11 06:55:37] GerryHYH : Wally, tried it yesterday and twice again today, no luck, not getting that confirmation email :/
[2016-11-11 06:55:55] viptrader : i read it and still dont understand it
[2016-11-11 06:56:01] viptrader : really weird stuff for me
[2016-11-11 06:56:25] viptrader : i want a long term trade , short tomorrow
[2016-11-11 06:56:31] viptrader : and leave it for 5 months
[2016-11-11 06:57:12] viptrader : if i open the position with 1 btc
[2016-11-11 06:57:17] viptrader : and make 50 btc
[2016-11-11 06:57:28] viptrader : i dont care to pay 1 btc fee
[2016-11-11 06:57:42] viptrader : or it gonna cost me much more?
[2016-11-11 06:57:46] viptrader : thats the question
[2016-11-11 06:58:27] iefken : so you think bitcoin will decrease 5000%?
[2016-11-11 06:58:45] j8 : on the swap, you can't know in advance.. it's a floating rate. but at least you could say that you paying the fee is correlated with you making money
[2016-11-11 06:59:52] viptrader : iefken: i think bitcoin could go down to 350$
[2016-11-11 07:00:11] viptrader : j8: yes, but how is that fees estimated
[2016-11-11 07:00:19] iefken : ww3?
[2016-11-11 07:00:47] j8 : it's basically the average premium that the swap trades at, charged every 8 hours
[2016-11-11 07:01:29] j8 : this is the "premium index": https://www.bitmex.com/app/index/.XBTUSDPI
[2016-11-11 07:02:44] j8 : if there are bids above the mark price it will start to push the rate higher. if there are asks below the mark price it will push the rate lower
[2016-11-11 07:05:25] viptrader : funding rate is the something u pay if negative