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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[2016-11-17 05:49:09] amirmass : watch it
[2016-11-17 05:49:38] iefken : 20th june, was that the finex hack?
[2016-11-17 05:49:39] habibi : amirmass: u mad
[2016-11-17 05:49:54] amirmass : habibi: ?
[2016-11-17 05:49:59] amirmass : what and why
[2016-11-17 05:52:27] amirmass : there it comes
[2016-11-17 05:53:01] XXXX : amirmass: still waiting!!
[2016-11-17 06:05:43] zanza : sweet sweet funding rates guys
[2016-11-17 06:09:12] amirmass : MOOOOOOOOOOOOOOOON
[2016-11-17 06:10:12] Apocalyptic : amirmass: need to get out of a long ?
[2016-11-17 06:11:06] amirmass : Apocalyptic: no, i need to moon to 1000
[2016-11-17 06:11:12] amirmass : so i can buy a new lambo
[2016-11-17 06:11:34] Apocalyptic : lambos are overrated
[2016-11-17 06:12:06] amirmass : bitmex will give free lambos to everyone who is long
[2016-11-17 06:13:53] imabeast : anyoen short here?
[2016-11-17 06:17:21] laisee : amirmass: long @ Bitmex, but no lambo in my email so far ...
[2016-11-17 06:20:14] Apocalyptic : laisee: check your garage, it might just be there
[2016-11-17 06:20:42] laisee : toy lambo in toy garage ... ok
[2016-11-17 06:24:26] zanza : imabeast: half the people are short here
[2016-11-17 06:28:18] zanza : wow ETH is shitting the bed
[2016-11-17 06:29:30] zanza : .12xxx soon
[2016-11-17 06:29:35] zanza : .012xxx
[2016-11-17 06:39:16] REKT : Liquidated long on `XBTUSD`: Sell 1140 @ 748.81
[2016-11-17 06:44:01] REKT : Liquidated long on `XBTZ16`: Sell 6000 @ 797.07
[2016-11-17 06:55:32] REKT : Liquidated long on `XBTUSD`: Sell 9140 @ 746.81
[2016-11-17 06:55:32] REKT : Liquidated long on `XBTUSD`: Sell 5000 @ 747.54
[2016-11-17 08:24:02] REKT : Liquidated long on `XBTUSD`: Sell 2000 @ 749.55
[2016-11-17 09:03:59] mjones : Dang missing out on profit
[2016-11-17 09:04:09] mjones : Sitting out for now
[2016-11-17 09:04:33] jose : mjones: wait for the sweet fundings :D
[2016-11-17 09:08:27] jpc : In this mkt these findings re dangerous
[2016-11-17 09:08:42] jpc : Fundings
[2016-11-17 09:08:58] DareDevil : you guys shorting BTC then?
[2016-11-17 09:09:28] CapitalGains : I'm shorting but it hasn't been enjoyable
[2016-11-17 09:11:06] CapitalGains : The expected dump has been taking its time
[2016-11-17 09:11:22] RoftheN : There's an expected dump?
[2016-11-17 09:11:38] CapitalGains : Depends on your position
[2016-11-17 09:14:31] CapitalGains : RoftheN: You long BTC?
[2016-11-17 09:20:43] RoftheN : No
[2016-11-17 09:21:00] RoftheN : I'm clueless rn so no posititions
[2016-11-17 09:22:25] CapitalGains : Not the worst decision. I'm holding my shorts until withdrawal cut-off, and if there's no drop in BTC I'm resigning from trading for the year.
[2016-11-17 09:30:13] aethlios : CapitalGains: why do you short a bull market?
[2016-11-17 09:31:05] aethlios : find a decent retrace to go long by the trend.
[2016-11-17 09:32:11] CapitalGains : aethlios: Probably because I'm a fool. I try to move up slowly, so each time it hits new resistance I short, but next time I short from higher and close higher. Shorting worked for the first two attempts at 750, seems third time not.
[2016-11-17 09:33:55] CapitalGains : If we have a retrace I'll probably long Z16 as a hedge and short swap according to plan. But now the premium on Z16 is way too large for that to be worthwhile.
[2016-11-17 09:34:02] aethlios : CapitalGains: listen since 10 january of 2015 and low 155, we constantly are in a bull market, for example bitfinex hack gave excellent long opportunity. The market recovered very soon, shows how strong is.
[2016-11-17 09:34:10] elmorte : It's always the last one that gets ya
[2016-11-17 09:34:33] CapitalGains : I definitely agree we're in a bull market
[2016-11-17 09:35:06] elmorte : CapitalGains: how is longing Z16 and shorting SWAP a hedge?
[2016-11-17 09:35:17] aethlios : so you must do the opposite, don't short previous resistances, but go long to a nice retrace which is strong support.
[2016-11-17 09:36:48] elmorte : unless the premium goes down a fair bit....ok, I geddit
[2016-11-17 09:36:54] aethlios : just my general strategy opinion.
[2016-11-17 09:37:31] elmorte : aethlios: how do you judge strong support?
[2016-11-17 09:38:04] elmorte : Finex, china or something else?
[2016-11-17 09:38:27] aethlios : elmorte: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance
[2016-11-17 09:38:35] CapitalGains : elmorte: yesterday I was going to hedge like that when the premium was $20 but I changed plans. The idea is that funding on swap takes care of the premium, and if BTC rises (bad news for my swap short), Z16 will probably rise much more, so it will be a net gain. It would have been yesterday if I'd gone according to plan, because the premium went up from $20 to $50.
[2016-11-17 09:39:07] elmorte : aethlios: I understand the definiton, but what charts do you look at for data?
[2016-11-17 09:39:27] aethlios : I use bitstamp for charting because has real volume and is an old data exchange with stable volume. volume inportant for MFI indicator that I choose.
[2016-11-17 09:40:19] elmorte : CapitalGains: I guess...quite a limited upside though
[2016-11-17 09:40:25] aethlios : I don't use okcoin or chinese because they fake volume and you miss a lot of info, or you could have wrong info. volume is most important after price
[2016-11-17 09:40:48] elmorte : volume as in the orderbook?
[2016-11-17 09:41:12] aethlios : elmorte: volume traded.
[2016-11-17 09:41:36] aethlios : I use tradingview.com
[2016-11-17 09:41:39] aethlios : https://www.tradingview.com/chart/nbZ5Mvif/
[2016-11-17 09:42:11] aethlios : it is free and has all basic btc exchanges, also some alts
[2016-11-17 09:42:24] mjones : Xbtz16 will fall a lot in a big dump
[2016-11-17 09:42:48] CapitalGains : mjones: That's what I'm hoping for
[2016-11-17 09:43:14] mjones : But will it dump below 5300 cny or rocket up to 6000 cny
[2016-11-17 09:43:47] CapitalGains : If spot drops to $720, Z16 could drop to $740
[2016-11-17 09:44:23] aethlios : https://www.tradingview.com/x/rSb4LSNa/
[2016-11-17 09:44:42] mjones : Yeah. Xbtz16 used to be $15 higher than swap
[2016-11-17 09:44:55] mjones : Now like $50
[2016-11-17 09:44:59] aethlios : looks like a break out, it could retrace 25 usd but not more, it is a matter of time to break out very nasty
[2016-11-17 09:46:00] CapitalGains : If we hit $760 again I'm pulling out for good.
[2016-11-17 09:46:04] mjones : If btc could wait 12 hours to move that'll be great
[2016-11-17 09:46:22] CapitalGains : mjones: Why what are you doing?
[2016-11-17 09:46:47] mjones : Working
[2016-11-17 09:47:09] mjones : More fun trading not on my phone
[2016-11-17 09:47:20] elmorte : aethlios: thanks bud...TA is just confusing as fck.
[2016-11-17 09:47:38] elmorte : But I mean, it's working for you
[2016-11-17 09:47:54] aethlios : elmorte: it is our map, our google maps app.
[2016-11-17 09:48:34] elmorte : I meant technical analysis in geneal
[2016-11-17 09:48:43] elmorte : general rather...
[2016-11-17 09:51:50] wurstgelee : gday every1
[2016-11-17 09:52:00] CapitalGains : wurstgelee: gday
[2016-11-17 09:54:35] CapitalGains : Another day to buy alts at discounted rates
[2016-11-17 09:54:59] mjones : Xrp really low. Pretty much full retrace of pump
[2016-11-17 09:55:04] wurstgelee : so i took the rest of the week off
[2016-11-17 09:55:13] wurstgelee : it interfered with trading yesterday
[2016-11-17 09:55:19] mjones : Yeah
[2016-11-17 09:55:32] wurstgelee : tfw working costs u money
[2016-11-17 09:55:33] wurstgelee : oO
[2016-11-17 09:56:37] CapitalGains : wurstgelee: I presume you're still having your fun with ZEC. Taking a position on BTC too?
[2016-11-17 09:57:10] wurstgelee : xbtusd, xbtz16 and xmr mostly..yesterday
[2016-11-17 09:57:20] CapitalGains : long long short I presume?
[2016-11-17 09:57:23] wurstgelee : today i am not sure yet. just sat down ;)
[2016-11-17 09:57:29] wurstgelee : yep
[2016-11-17 09:57:55] CapitalGains : Yesterday I went short on XBTUSD and XBTZ16. Not my finest moment.
[2016-11-17 09:58:26] CapitalGains : In fact with Z16 I set a personal ATL for ROE.
[2016-11-17 09:58:32] wurstgelee : i can imagine. i never short when btc goes bulltard
[2016-11-17 09:58:43] wurstgelee : had some expensive lessons last year.... ;)
[2016-11-17 09:59:13] CapitalGains : The good news is that yesterday's lesson cost only about 4% of my ZEC profits.
[2016-11-17 09:59:21] wurstgelee : :D
[2016-11-17 09:59:51] CapitalGains : Well, I'm still short, so it's not over yet.
[2016-11-17 10:00:18] wurstgelee : ouch
[2016-11-17 10:00:25] wurstgelee : which entry?
[2016-11-17 10:01:16] CapitalGains : So yesterday closed shorts at losses at 744 and 789 respectively, today short at 749 and 796.
[2016-11-17 10:01:51] meh : CapitalGains: haha i feel you, also ~same entry :D
[2016-11-17 10:02:24] CapitalGains : This is my last shot. If we hit 760 or 820 I'm retiring until 2017.
[2016-11-17 10:02:52] CapitalGains : And for now it looks quite likely that I'll have to retire.
[2016-11-17 10:06:21] wurstgelee : i dont get y you guys are shorting atm
[2016-11-17 10:06:28] wurstgelee : what goes up must come down?
[2016-11-17 10:06:47] CapitalGains : wurstgelee: What goes up too rapidly must retrace before going up more
[2016-11-17 10:07:16] CapitalGains : It must retrace until the time that it doesn't
[2016-11-17 10:07:18] wurstgelee : usually yes. this pump isnt rational tho imo
[2016-11-17 10:07:54] CapitalGains : Last two weeks, shorting at 750 has been good twice. Third time unlucky, apparently.
[2016-11-17 10:08:06] wurstgelee : CapitalGains: i live by "always long until it doesnt work twice" during pumps
[2016-11-17 10:08:13] wurstgelee : been doing grat with that simple "rule" ;)
[2016-11-17 10:08:21] wurstgelee : *e
[2016-11-17 10:08:35] wurstgelee : with high leverage that is.
[2016-11-17 10:08:43] wurstgelee : 2x mc=stop longing like a retard ;)
[2016-11-17 10:08:51] aethlios : 10 usd weekly okcoin for 1 day
[2016-11-17 10:09:30] wurstgelee : ?
[2016-11-17 10:09:31] CapitalGains : wurstgelee: 50x?
[2016-11-17 10:09:37] wurstgelee : CapitalGains: yep
[2016-11-17 10:09:50] wurstgelee : most of the time, rarely 25x
[2016-11-17 10:10:09] wurstgelee : and i switch to 100x as soon as the position is comfortably green
[2016-11-17 10:10:19] wurstgelee : that equals a tight stop loss for me ;)
[2016-11-17 10:10:38] CapitalGains : wurstgelee: You mean once your margin is profit only?
[2016-11-17 10:11:26] wurstgelee : if i take profits, yes. otherwise 30+% up usually. or whenever i feel "safe" ;)
[2016-11-17 10:11:30] wurstgelee : or leave the screen...
[2016-11-17 10:13:39] CapitalGains : Yeah being afk is so uncomfortable, as is sleeping with an open position. That's why I closed overnight.
[2016-11-17 10:14:05] wurstgelee : i left my monero short open....
[2016-11-17 10:14:14] wurstgelee : 4k
[2016-11-17 10:14:24] CapitalGains : What price did you enter?
[2016-11-17 10:14:42] wurstgelee : 0.00882 iirc
[2016-11-17 10:14:47] wurstgelee : 3/4 closed over night
[2016-11-17 10:14:58] wurstgelee : it refusewd to go down when i went to bed....
[2016-11-17 10:15:12] CapitalGains : You left limits open?
[2016-11-17 10:15:20] wurstgelee : nope
[2016-11-17 10:15:26] wurstgelee : margin call is my stop loss :P
[2016-11-17 10:15:59] CapitalGains : I meant limits to close at a profit
[2016-11-17 10:16:05] wurstgelee : oh yes ofc
[2016-11-17 10:16:16] wurstgelee : had orders stacked all the way down
[2016-11-17 10:17:33] wurstgelee : also bitcoinchecker on my phone just in case ;)
[2016-11-17 10:29:35] wurstgelee : closed the remaining xmr short position
[2016-11-17 10:30:10] wurstgelee : and not a minute too early :)
[2016-11-17 10:30:47] CapitalGains : Oh it's so nice to see green for a change
[2016-11-17 10:37:59] wurstgelee : u longed?
[2016-11-17 10:38:00] wurstgelee : ;)
[2016-11-17 10:38:29] CapitalGains : Ever so slightly lower than my short entry
[2016-11-17 10:38:42] CapitalGains : However, these dips seem very half harted
[2016-11-17 10:38:53] CapitalGains : I'm looking for $10+ drops on the spot price
[2016-11-17 10:38:59] CapitalGains : Looking in vain
[2016-11-17 10:39:24] wurstgelee : hehe
[2016-11-17 10:39:45] wurstgelee : that xmr spike looks promising
[2016-11-17 10:39:51] wurstgelee : probably re-shorting soon :)
[2016-11-17 10:49:42] anonymous789 : this funding rate is killing my long
[2016-11-17 10:54:59] CapitalGains : Everyone's longs are killing my short
[2016-11-17 10:56:53] bubbagoose : so if you have 100k long you will lose %0.375?
[2016-11-17 10:59:40] anonymous789 : ya
[2016-11-17 11:00:17] bubbagoose : ok, thats a lot of money
[2016-11-17 11:00:36] anonymous789 : CapitalGains: well if it doesn't break this 750 then you'll be a happy camper i'm sure it will correct to around that 724 level
[2016-11-17 11:02:15] wurstgelee : i am trying some shorting myself now.
[2016-11-17 11:02:26] wurstgelee : altho i shouldnt
[2016-11-17 11:02:28] CapitalGains : wurstgelee: shorting BTC?
[2016-11-17 11:02:32] wurstgelee : yep
[2016-11-17 11:02:44] CapitalGains : Well, I appreciate the company
[2016-11-17 11:02:46] wurstgelee : that funding in an hour....
[2016-11-17 11:02:50] wurstgelee : ;)
[2016-11-17 11:03:11] CapitalGains : You know the funding is equal to 35% of the margin at 100x?
[2016-11-17 11:03:19] CapitalGains : I mean %37
[2016-11-17 11:03:22] wurstgelee : yep
[2016-11-17 11:03:40] anonymous789 : wurstgelee: Good luck, the daily and weekly RSI/MACD still looking very bullish for BTC at this level
[2016-11-17 11:03:44] anonymous789 : hourly not so much
[2016-11-17 11:03:58] wurstgelee : anonymous789: yep. i usually need punishment for shorting now
[2016-11-17 11:04:17] wurstgelee : not sure if CapitalGains will be happy about my company in the near future ;)
[2016-11-17 11:04:17] anonymous789 : i'll be punished on the funding rate in an hour :(
[2016-11-17 11:04:39] wurstgelee : thats part of the reason why i shorted ;)
[2016-11-17 11:05:02] anonymous789 : it's annoying, i like to hold trades over days but when the funding rate is this damn high it's hard to not start looking at the hourly and getting ready to close my position
[2016-11-17 11:05:04] CapitalGains : If the spread is really tight, smaller than 0.37%, it may be possible to pull out and in again?
[2016-11-17 11:05:13] wurstgelee : its a rather small short tho, about 1/3 of usual long position size
[2016-11-17 11:05:16] anonymous789 : opened at 705 so maybe i'm just being greedy now
[2016-11-17 11:05:32] wurstgelee : anonymous789: maybe ;)
[2016-11-17 11:05:38] CapitalGains : Hey, is there such a thing as a non-greedy trader?
[2016-11-17 11:05:39] wurstgelee : still holding the whole position?
[2016-11-17 11:05:46] anonymous789 : wurstgelee: yes the whole position
[2016-11-17 11:05:56] anonymous789 : i don't scale out or in, i'm too stupid for that
[2016-11-17 11:06:00] wurstgelee : closing half is alwyas an option
[2016-11-17 11:06:10] wurstgelee : lol, you just need to sell half
[2016-11-17 11:06:12] wurstgelee : :D
[2016-11-17 11:06:15] anonymous789 : :D
[2016-11-17 11:06:27] wurstgelee : i would have done that way earlier tbh ;)
[2016-11-17 11:06:43] anonymous789 : hehe i need confirmations on the technicals before i make moves lol
[2016-11-17 11:06:48] wurstgelee : sellf half, secure a more than decent profit, let the rest run
[2016-11-17 11:07:04] wurstgelee : i understand
[2016-11-17 11:07:23] wurstgelee : the problem is, u wont find confirmation for a sick retrace dump until it happened
[2016-11-17 11:07:29] zanza : LAST STOP FOR FUNDING TRAIN ALL ABOARD
[2016-11-17 11:07:35] anonymous789 : and i usually trade daily/weekly with the look at hourly for confirmations that the trend is still intact
[2016-11-17 11:07:36] zanza : *CHOO*CHOO*
[2016-11-17 11:08:17] wurstgelee : anonymous789: there will be retrace. there will be no warning
[2016-11-17 11:08:20] mjones : Dump
[2016-11-17 11:08:21] wurstgelee : in that kind of pump
[2016-11-17 11:08:25] wurstgelee : ha
[2016-11-17 11:08:26] anonymous789 : yeah but i've got a nearly 50 dollar buffer if a dump happens right :)
[2016-11-17 11:08:27] wurstgelee : :D
[2016-11-17 11:08:31] wurstgelee : :D :D :D
[2016-11-17 11:08:40] wurstgelee : so...about what i just said....
[2016-11-17 11:08:45] JamesPolo : anonymous789: might be time to cut it
[2016-11-17 11:08:48] anonymous789 : 740 for me is strong support
[2016-11-17 11:08:54] bubbagoose : omg wtf happen
[2016-11-17 11:09:00] wurstgelee : great
[2016-11-17 11:09:00] anonymous789 : i'm closing below 740
[2016-11-17 11:09:08] wurstgelee : a winning short and a good funding ahead
[2016-11-17 11:09:09] wurstgelee : <3
[2016-11-17 11:09:09] anonymous789 : even if it hurts my profit, don't trade on emotion
[2016-11-17 11:09:18] bubbagoose : china sell off
[2016-11-17 11:11:26] anonymous789 : let me see it drop below 740 then i'll know the downtrend is in
[2016-11-17 11:12:04] anonymous789 : i'd close my position at <740 then look for shorts if i see lower lows and lower highs on the hourly
[2016-11-17 11:12:43] wurstgelee : this works in slow trends and sideways. not in current extemely volatile situation imo
[2016-11-17 11:12:51] wurstgelee : like it worked for u finding ur entry
[2016-11-17 11:12:58] wurstgelee : not so sure it works for finding an exit ;)
[2016-11-17 11:13:15] anonymous789 : on the exit i lose a lot of profit but i still gain profit
[2016-11-17 11:13:25] wurstgelee : why lose that?
[2016-11-17 11:13:37] wurstgelee : why not take after a big spike upwards, close, take profits, re-evaluate? ;)
[2016-11-17 11:13:43] anonymous789 : so i started on bitmex last week and opened a short at 721, closed in profit at 705 but it dipped to 681 before i saw confirmation the long was in
[2016-11-17 11:13:57] CapitalGains : anonymous789: Why not close near 750 and consider reopening at 740 or lower?
[2016-11-17 11:13:59] anonymous789 : my strategy was to MAKE SURE the reversal is in
[2016-11-17 11:14:02] REKT : Liquidated long on `XBTUSD`: Sell 20 @ 746.33
[2016-11-17 11:14:02] REKT : Liquidated long on `XBTUSD`: Sell 35000 @ 745.19 **MEGA-REKT** :boom:
[2016-11-17 11:14:02] REKT : Liquidated long on `XBTUSD`: Sell 20000 @ 744.76 **MEGA-REKT** :boom:
[2016-11-17 11:14:03] wurstgelee : CapitalGains: that :D
[2016-11-17 11:14:06] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 743.85 :punch: :whale:
[2016-11-17 11:14:08] anonymous789 : CapitalGains: too risky
[2016-11-17 11:14:18] wurstgelee : where is the risk in taking profits?
[2016-11-17 11:14:21] REKT : Liquidated long on `XBTUSD`: Sell 10001 @ 742.24
[2016-11-17 11:14:21] REKT : Abandon the ship!
[2016-11-17 11:14:29] anonymous789 : because you could take bigger profits right?
[2016-11-17 11:14:32] wurstgelee : so....740
[2016-11-17 11:14:36] wurstgelee : anonymous789: thats no risk :)
[2016-11-17 11:14:46] anonymous789 : think about it, what would happen if i was right and it goes past 750 and to the moon i'd have closed at 750 right?
[2016-11-17 11:14:57] anonymous789 : greed is good right/
[2016-11-17 11:14:57] REKT : Liquidated long on `XBTUSD`: Sell 6500 @ 741.22
[2016-11-17 11:14:57] REKT : Liquidated long on `XBTUSD`: Sell 55 @ 740.98
[2016-11-17 11:14:57] REKT : Liquidated long on `XBTUSD`: Sell 400 @ 740.78
[2016-11-17 11:14:57] REKT : Liquidated long on `XBTUSD`: Sell 2472 @ 739.57
[2016-11-17 11:14:57] REKT : Liquidated long on `XBTUSD`: Sell 20 @ 739.75
[2016-11-17 11:14:57] REKT : Liquidated long on `XBTZ16`: Sell 117853 @ 782.55 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-11-17 11:15:00] wurstgelee : btc always comes down after a big move up....
[2016-11-17 11:15:10] wurstgelee : and be it only a bit like recently
[2016-11-17 11:15:10] arbitrage001 : holy
[2016-11-17 11:15:12] arbitrage001 : what happen
[2016-11-17 11:15:13] JamesPolo : Lol
[2016-11-17 11:15:14] anonymous789 : yes everything does, but i need the confrimation :P
[2016-11-17 11:15:46] wurstgelee : anonymous789: 740 here :D
[2016-11-17 11:15:51] anonymous789 : hehe
[2016-11-17 11:16:05] anonymous789 : i'll monitor the hourly now to see if lower highs and lower lows before i close
[2016-11-17 11:16:15] anonymous789 : IF i close
[2016-11-17 11:16:17] anonymous789 : i may not even close
[2016-11-17 11:16:28] wurstgelee : watching hourly will make u close @ 730 :p
[2016-11-17 11:16:33] anonymous789 : because this could be a simple well needed fib retracement right?
[2016-11-17 11:16:40] wurstgelee : yep, could be
[2016-11-17 11:16:50] CapitalGains : anonymous789: All the best with trading without emotion. I respect the idea.
[2016-11-17 11:17:01] anonymous789 : so i'd confirmation on the lower highs and lower lows hehe
[2016-11-17 11:17:05] anonymous789 : CapitalGains: thanks
[2016-11-17 11:17:08] anonymous789 : above 740 again?
[2016-11-17 11:17:25] arbitrage001 : only here dropping from insane premium
[2016-11-17 11:17:32] wurstgelee : i thought i will carry my short through funding tbh but i closed 50% here
[2016-11-17 11:17:47] anonymous789 : wurstgelee: too much emotion
[2016-11-17 11:17:59] wurstgelee : nope
[2016-11-17 11:18:03] mjones : Xbtz16 down $20
[2016-11-17 11:18:05] wurstgelee : $3 below mark
[2016-11-17 11:18:10] anonymous789 : aah okay
[2016-11-17 11:18:12] wurstgelee : thats a rather safe bet ;)
[2016-11-17 11:18:41] REKT : Liquidated long on `XBTUSD`: Sell 20 @ 742.90
[2016-11-17 11:18:54] anonymous789 : if you guys look at the daily and the weekly, this level has MASSIVE support
[2016-11-17 11:19:01] REKT : Liquidated long on `XBTZ16`: Sell 20000 @ 779.83 **MEGA-REKT** :boom:
[2016-11-17 11:19:03] anonymous789 : i could see freefall should it drop below this
[2016-11-17 11:19:22] wurstgelee : anonymous78: sshhhhh. wait until my longs are filled :p
[2016-11-17 11:19:38] anonymous789 : remember that resistances become support after they've been passed
[2016-11-17 11:19:40] arbitrage001 : technical means nothing to most traders
[2016-11-17 11:19:41] anonymous789 : with volume
[2016-11-17 11:19:55] anonymous789 : arbitrage001: really? MOST traders?
[2016-11-17 11:19:59] anonymous789 : i would argue that
[2016-11-17 11:20:08] wurstgelee : arbitrage001: it usually means a lot to me. but its mostly useless currently
[2016-11-17 11:20:10] wurstgelee : imo
[2016-11-17 11:20:10] arbitrage001 : i use star alignment for my trades
[2016-11-17 11:20:13] anonymous789 : maybe in crypto it means nothing
[2016-11-17 11:20:16] elmorte : Should've gone with my gut 7hrs ago...
[2016-11-17 11:20:17] wurstgelee : this pump is irrational.
[2016-11-17 11:20:28] elmorte : Would be up 9000 CNY atm
[2016-11-17 11:20:35] wurstgelee : a lot more psychology, hype and news than technicals
[2016-11-17 11:20:53] wurstgelee : so gut feeling and experience works very well here. =)
[2016-11-17 11:21:01] anonymous789 : wurstgelee: really though? BTC has had a whole lot of nothing for like nearly 2 years lol
[2016-11-17 11:21:18] anonymous789 : news-wise
[2016-11-17 11:21:34] DareDevil : ouch for this dump
[2016-11-17 11:21:43] wurstgelee : news dont have to be media-related...
[2016-11-17 11:21:50] anonymous789 : that's the only reason i'm even trading technically on btc, because there is a whole lot of nothing going on, so this is not investors in the markets, this is speculators i feel
[2016-11-17 11:21:58] wurstgelee : segwit was a news for example. bitcoin xt, bitcoin unlimited, eth fork and such
[2016-11-17 11:22:12] anonymous789 : but we've known about all that stuff for years
[2016-11-17 11:22:12] wurstgelee : and rumours.
[2016-11-17 11:22:23] wurstgelee : yeah, we do. market still reacts to it
[2016-11-17 11:22:25] wurstgelee : a lot
[2016-11-17 11:22:26] arbitrage001 : i wish the pump last at least a week
[2016-11-17 11:22:41] arbitrage001 : so i can keep getting funding for a week
[2016-11-17 11:22:50] arbitrage001 : it last less than 24 hours?
[2016-11-17 11:22:50] wurstgelee : like that absurd "china will ban btc outflow" terminal screenshot
[2016-11-17 11:23:00] anonymous789 : i wonder if i should close this trade before the ridiculous funding rate hits my account lol
[2016-11-17 11:23:18] wurstgelee : anonymous789: surely a thing to consider :p
[2016-11-17 11:23:21] arbitrage001 : anonymous789: it is too late to close long anyway
[2016-11-17 11:23:28] anonymous789 : iit hurts my heart lol
[2016-11-17 11:23:33] arbitrage001 : short should close since the discount is higher than funding
[2016-11-17 11:24:43] ytaews : next funding will be >30bps too though
[2016-11-17 11:24:57] wurstgelee : lol
[2016-11-17 11:25:03] wurstgelee : how is finex higher than pre-correction now?
[2016-11-17 11:25:06] wurstgelee : oO
[2016-11-17 11:25:12] wurstgelee : or at least same level
[2016-11-17 11:25:21] wurstgelee : *stamp
[2016-11-17 11:25:21] arbitrage001 : wurstgelee: cuz premium here is irrational
[2016-11-17 11:25:34] arbitrage001 : bound to happen when MM takes premium into account
[2016-11-17 11:25:36] wurstgelee : no, stamp is same level, china is 50 cny lower
[2016-11-17 11:25:38] wurstgelee : thats my point
[2016-11-17 11:25:46] arbitrage001 : china effect then
[2016-11-17 11:25:58] arbitrage001 : the rest of the exchanges will dump too
[2016-11-17 11:26:00] arbitrage001 : just lagging
[2016-11-17 11:26:18] wurstgelee : stamp went down as the dump happened
[2016-11-17 11:26:22] wurstgelee : but bounced back up
[2016-11-17 11:26:44] wurstgelee : 749->732->748
[2016-11-17 11:27:59] wurstgelee : more?
[2016-11-17 11:28:31] CapitalGains : I closed most and reopened higher
[2016-11-17 11:29:24] CapitalGains : If only swap would ditch the discount before funding
[2016-11-17 11:29:33] DareDevil : dump over already? Seems a little high still
[2016-11-17 11:31:16] anonymous789 : DareDevil: massive support at 740, dump will continue if it breaks this support
[2016-11-17 11:31:27] wurstgelee : the dump didnt happen on bitstamp ;)
[2016-11-17 11:31:38] arbitrage001 : or finex
[2016-11-17 11:31:48] arbitrage001 : pure funding avoidance dump
[2016-11-17 11:32:03] RoftheN : Will Dubai have influence on Bitcoin?
[2016-11-17 11:32:04] anonymous789 : i'm gonna eat the funding rate :(
[2016-11-17 11:32:08] DareDevil : lets see where this brings us
[2016-11-17 11:32:25] CapitalGains : As a shorter, I'll take funding or funding avoidance dumps - both are equally welcome
[2016-11-17 11:32:27] elmorte : It's China that fell
[2016-11-17 11:32:43] elmorte : hence the futures dump
[2016-11-17 11:32:47] elmorte : which has no funding
[2016-11-17 11:33:02] DareDevil : finex also dumped a bit
[2016-11-17 11:34:03] arbitrage001 : DareDevil: wont called 3 dollar drop a dump
[2016-11-17 11:34:17] DareDevil : 10 dollar
[2016-11-17 11:34:36] DareDevil : 756 - 746
[2016-11-17 11:34:49] DareDevil : tot 742 is very thin
[2016-11-17 11:34:52] arbitrage001 : i was watching the price there and here
[2016-11-17 11:35:07] arbitrage001 : a few mins before dump here
[2016-11-17 11:35:51] DareDevil : 714 - 750 pump will not hold too long anyways
[2016-11-17 11:36:11] DareDevil : there we go
[2016-11-17 11:36:13] arbitrage001 : dumping still continue
[2016-11-17 11:36:19] arbitrage001 : now finex is following
[2016-11-17 11:36:39] meh : wurstgelee: no my short makes sense :p 8-)
[2016-11-17 11:36:50] wurstgelee : meh: :D :D :D
[2016-11-17 11:36:50] meh : now*
[2016-11-17 11:37:03] arbitrage001 : was shorting big before the pump
[2016-11-17 11:37:10] arbitrage001 : spent so much money on anal cream
[2016-11-17 11:37:12] DareDevil : meh: if 740 breaks it sure will :P
[2016-11-17 11:37:14] wurstgelee : buying alt blood on polo here and there...
[2016-11-17 11:37:16] wurstgelee : ;)
[2016-11-17 11:37:37] DareDevil : there we go...
[2016-11-17 11:37:37] cryptologe : now it's getting ugly and US is still asleep
[2016-11-17 11:37:54] DareDevil : 40% of 740 already gone
[2016-11-17 11:37:55] arbitrage001 : shorted a lot more right before the dump lol
[2016-11-17 11:38:02] DareDevil : arbitrage001: good going :)
[2016-11-17 11:38:05] arbitrage001 : will close partially around 700
[2016-11-17 11:38:06] wurstgelee : :D
[2016-11-17 11:38:14] DareDevil : I'm long...but not on BTC :P
[2016-11-17 11:38:39] meh : haha u guys are hilarious
[2016-11-17 11:39:13] wurstgelee : yep, we are a bunch of entertaining chimps
[2016-11-17 11:39:32] REKT : Liquidated long on `XBTZ16`: Sell 2000 @ 777.64
[2016-11-17 11:40:37] DareDevil : lots of Long on BTC buying now here...
[2016-11-17 11:41:16] REKT : Liquidated long on `XBTZ16`: Sell 1400 @ 776.22
[2016-11-17 11:41:19] wurstgelee : 2 early imo
[2016-11-17 11:41:25] DareDevil : I know right
[2016-11-17 11:41:32] DareDevil : I'm waiting for sub 730
[2016-11-17 11:41:33] wurstgelee : *subject to change any minute
[2016-11-17 11:41:44] DareDevil : 736 however has some good support
[2016-11-17 11:42:01] anonymous789 : i feel confirmation of the downtrend is in i've set a limit close at 743
[2016-11-17 11:42:29] wurstgelee : closed my short tho
[2016-11-17 11:42:32] meh : mh my short target is high 5XX$
[2016-11-17 11:42:39] DareDevil : lol
[2016-11-17 11:42:41] meh : 2-3 months i guess
[2016-11-17 11:43:25] anonymous789 : wurstgelee: hehe
[2016-11-17 11:43:42] DareDevil : wurstgelee: so you where closing on 739 huh :P
[2016-11-17 11:44:10] wurstgelee : DareDevil: yep. only a small one ;)
[2016-11-17 11:44:14] wurstgelee : didnt get more fills :/
[2016-11-17 11:44:15] meh : might be just perfect ultra-short-term h
[2016-11-17 11:44:26] wurstgelee : but i fomo longed xbtusd just now :p
[2016-11-17 11:44:33] meh : x)
[2016-11-17 11:44:51] meh : @wurst "dreiländereck"
[2016-11-17 11:44:59] wurstgelee : hehe
[2016-11-17 11:44:59] meh : ?
[2016-11-17 11:45:03] wurstgelee : nope, hamburg
[2016-11-17 11:45:22] meh : ^^ kühl & kalt :D
[2016-11-17 11:45:41] meh : mensch & wetter
[2016-11-17 11:45:47] wurstgelee : ja, letzte woche war sogar scheisskalt. momentan gehts
[2016-11-17 11:45:59] wurstgelee : menschen eigentlich nicht wirklich...die sind nur "anders"
[2016-11-17 11:46:04] meh : hahaha
[2016-11-17 11:46:09] wurstgelee : ;)
[2016-11-17 11:46:16] meh : gute leute imo :D
[2016-11-17 11:46:21] wurstgelee : :p
[2016-11-17 11:46:23] meh : rau und ehrlich x
[2016-11-17 11:46:30] meh : ^^
[2016-11-17 11:46:33] wurstgelee : joa. ist was dran an dem klischee
[2016-11-17 11:46:52] wurstgelee : yay for fomo-long btw
[2016-11-17 11:47:32] CapitalGains : wurstgelee: why not open long after funding?
[2016-11-17 11:48:15] JamesPolo : Long pays short receives in 12 mins ?
[2016-11-17 11:48:22] ytaews : ya
[2016-11-17 11:48:28] wurstgelee : entry seemed suitable despite funding. ;) i am gambling atm, not trading. i know this is bad, but this is what works best for me in current pump situation. so high-lev trades decided within seconds ;)
[2016-11-17 11:48:29] JamesPolo : Yay
[2016-11-17 11:48:59] CapitalGains : wurstgelee: Trading is just the "denial" term for gambling with BTC now.
[2016-11-17 11:49:44] wurstgelee : CapitalGains: its probably playing chess with a clock compared to usual chess atm ;)
[2016-11-17 11:49:51] JamesPolo : Wtf is this bitfinex gap lol
[2016-11-17 11:50:03] CapitalGains : Great analogy
[2016-11-17 11:50:19] wurstgelee : the only one i could come up with right now ;)
[2016-11-17 11:51:06] Boontjie : what happened
[2016-11-17 11:51:12] wurstgelee : since when?
[2016-11-17 11:51:49] Boontjie : I see no moon
[2016-11-17 11:52:22] anonymous789 : wurstgelee: interesting so you're looking to do the opposite of me lol
[2016-11-17 11:52:23] wurstgelee : its there, behind the clouds that ust appearewd
[2016-11-17 11:52:40] wurstgelee : anonymous789: right now? yes, the complete opposite :P
[2016-11-17 11:53:04] wurstgelee : like fomo-shorting xmr the second btc makes a move up for example
[2016-11-17 11:53:07] anonymous789 : how about we hedge each other, i'll send you some profits if i become 'in the money' and you send me some profits if you become 'in the money' haaha
[2016-11-17 11:53:09] CapitalGains : Sometimes with a friend we open opposite positions with a hidden order between the spread, synchronised. So it's actually a deal between the two of us.
[2016-11-17 11:53:10] wurstgelee : which repeatedly worked great btw
[2016-11-17 11:53:20] anonymous789 : :D
[2016-11-17 11:54:07] wurstgelee : ;)
[2016-11-17 11:54:47] wurstgelee : soooo...more doom or back up?
[2016-11-17 11:55:21] REKT : Liquidated long on `XBTUSD`: Sell 400 @ 740.58
[2016-11-17 11:55:24] anonymous789 : i'll be looking to short if my limit close gets filled
[2016-11-17 11:55:28] arbitrage001 : make money either way
[2016-11-17 11:55:31] anonymous789 : short to around the 725 level
[2016-11-17 11:55:37] arbitrage001 : good funding or price drop
[2016-11-17 11:55:42] wurstgelee : arbitrage001: sitting here with trigger finger resady... ;)
[2016-11-17 11:55:43] arbitrage001 : totally hedged
[2016-11-17 11:55:52] wurstgelee : *-s
[2016-11-17 11:57:02] wurstgelee : zec is doing quite well here btw
[2016-11-17 11:57:17] arbitrage001 : wurstgelee: dont agree
[2016-11-17 11:57:22] arbitrage001 : 0.1263
[2016-11-17 11:57:23] wurstgelee : why not?
[2016-11-17 11:57:32] wurstgelee : its not moving down while it went down on polo a lot
[2016-11-17 11:57:45] wurstgelee : like all alts did
[2016-11-17 11:57:50] wurstgelee : i like that ;)
[2016-11-17 11:57:51] arbitrage001 : need spot price to go up
[2016-11-17 11:58:03] arbitrage001 : like to get out without loss on expire date
[2016-11-17 11:58:08] wurstgelee : it will at some point (earlier than dec 30) :p
[2016-11-17 11:58:18] arbitrage001 : hard to tell
[2016-11-17 11:58:24] arbitrage001 : everyone is gambling
[2016-11-17 11:58:27] wurstgelee : unless btc pumps forever
[2016-11-17 11:58:37] arbitrage001 : whale will need more than 2 months to accumulate at low price
[2016-11-17 11:58:49] wurstgelee : in that case it will be a loss. but i would be fine with that if we pump that long ;)
[2016-11-17 11:59:27] wurstgelee : funding incoming
[2016-11-17 11:59:35] anonymous789 : funding rate messing up my strategy, cancelled my limit close now might as well hold lol
[2016-11-17 12:00:01] wurstgelee : hehe
[2016-11-17 12:00:18] anonymous789 : and we're up
[2016-11-17 12:00:18] arbitrage001 : now, swap will go back up
[2016-11-17 12:00:20] anonymous789 : instantly
[2016-11-17 12:00:27] anonymous789 : which is why i cancelled lmao
[2016-11-17 12:00:37] wurstgelee : yep :D
[2016-11-17 12:00:42] arbitrage001 : and funding fee is chepar than discount
[2016-11-17 12:00:44] anonymous789 : stupid funding rate
[2016-11-17 12:00:48] wurstgelee : and why i opened that long a few minutes to funding ;)
[2016-11-17 12:00:54] anonymous789 : there is WAY too much support at the 740 level
[2016-11-17 12:01:15] anonymous789 : wurstgelee: good move
[2016-11-17 12:01:38] wurstgelee : added some
[2016-11-17 12:01:55] anonymous789 : maybe now we see the 750 break
[2016-11-17 12:02:15] wurstgelee : my body is ready
[2016-11-17 12:02:22] l3f : the fuck was that
[2016-11-17 12:02:28] wurstgelee : l3f: funding
[2016-11-17 12:04:02] l3f : why the dump
[2016-11-17 12:04:30] l3f : my condolences to anyone that was liquidated
[2016-11-17 12:05:07] anonymous789 : well needed correction imo
[2016-11-17 12:05:45] anonymous789 : new higher low for btc on the hourly
[2016-11-17 12:05:48] l3f : 6 dollar gap on bitstamp
[2016-11-17 12:05:54] l3f : spread*
[2016-11-17 12:08:05] DareDevil : I'm glad I closed my ETH long now
[2016-11-17 12:10:37] anonymous789 : interesting really you could kinda scalp the funding rate on bitmex if it's high
[2016-11-17 12:10:39] wurstgelee : educated fomo-longing wins again! \o(
[2016-11-17 12:10:43] wurstgelee : ;)
[2016-11-17 12:11:12] anonymous789 : like you went long just before funding rate hit, easy 6-7 dollar profit in a second lol
[2016-11-17 12:11:48] wurstgelee : a 739-entry was just too tempting ;)
[2016-11-17 12:12:01] anonymous789 : within seconds it was at 744 lol
[2016-11-17 12:12:11] anonymous789 : so yea i'd eat the funding rate for that
[2016-11-17 12:12:15] anonymous789 : lol
[2016-11-17 12:12:44] anonymous789 : if you do that at ridiculously high leverage every 8 hours wonder if that would be a good way to make money haha
[2016-11-17 12:13:03] wurstgelee : never tried
[2016-11-17 12:13:40] anonymous789 : i'm gonna monitor it for the next few days see if it is definitely a thing, could have been a fluke this time around because the rate was so high
[2016-11-17 12:14:08] wurstgelee : it usually isnt that great of an opportunity imo. dump and funding came close this time, thats why
[2016-11-17 12:14:10] CapitalGains : anonymous789: I did the opposite. I shorted a lot just before funding and bought back the millisecond it went through, at quite a profit.
[2016-11-17 12:14:33] anonymous789 : CapitalGains: ouch
[2016-11-17 12:14:36] wurstgelee : CapitalGains: that works :)
[2016-11-17 12:14:42] anonymous789 : hehe
[2016-11-17 12:14:44] wurstgelee : i tried that once
[2016-11-17 12:14:57] wurstgelee : it works for all the shorts u manage to close cheap
[2016-11-17 12:15:09] wurstgelee : the others are ~ breakeven so overall win
[2016-11-17 12:15:28] wurstgelee : if u close immediately after funding
[2016-11-17 12:15:45] wurstgelee : works with longs too if funding is negative