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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[2016-11-30 23:42:57] mjones : all 100
[2016-11-30 23:43:41] username123 : Oh, okay, what would you advise to start with $100 then? Im just playing around and want to learn, and I feel like we may be entering another upward phase
[2016-11-30 23:43:59] username123 : totally okay with losing all of the $100
[2016-11-30 23:44:09] rms : don't go higher than 5x leverage
[2016-11-30 23:44:22] rms : definitely, definitely don't go higher than 10x leverage
[2016-11-30 23:44:43] rms : beyond that, you're gambling on coin flips as the spread will wipe you out
[2016-11-30 23:44:57] username123 : ok, ill start with 5. how would you do that, personally, get out every few % increase or decrease?
[2016-11-30 23:45:32] arbitrage001 : username123: easier to make money working at mcd?
[2016-11-30 23:45:33] sleger : 10x leverage is fine, price is not volatile these days
[2016-11-30 23:45:41] rms : it's up to you... sometimes it works to decide on a particular profit margin you are looking for and get out there
[2016-11-30 23:46:07] username123 : okay, I appreciate the input everyone :)
[2016-11-30 23:46:13] username123 : wish me luck!
[2016-11-30 23:46:24] rms : i mean if i were you i'd probably just long bitcoin and let it ride
[2016-11-30 23:46:46] rms : and with only $100 you can try higher leverage, because of what i call the throwing stuff at the wall and seeing if it sticks strategy
[2016-11-30 23:46:57] username123 : by that do you mean long term hold 'long' or open a long position?
[2016-11-30 23:47:01] rms : where if you can time a huge breakout you make bang
[2016-11-30 23:47:10] rms : i mean open a long position, buying the contract here
[2016-11-30 23:47:22] username123 : got it
[2016-11-30 23:47:46] rms : good luck!
[2016-11-30 23:48:30] username123 : thanks!
[2016-11-30 23:50:01] numero : I got lucky and made some money in zcrash
[2016-11-30 23:50:05] numero : that makes me a trader right?
[2016-11-30 23:54:36] numero : I should probably go work at mcdonalds for .01 btc/h
[2016-11-30 23:54:47] numero : but I tried this crypto stuff and now I can't stop . . .
[2016-11-30 23:54:58] numero : wish me luck!
[2016-11-30 23:56:05] sleger : luck doesnt last
[2016-11-30 23:58:24] zanza : yup, ez come ez go
[2016-12-01 00:03:41] thiago : you can study to improve ur skills, also an option
[2016-12-01 00:06:34] thiago : any mods?
[2016-12-01 00:07:43] BitMEX_Sam : thiago: Yeah, what's up?
[2016-12-01 00:15:28] thiago : I hate Kaiko pricing for XBTUSD.. it doesnt move..
[2016-12-01 00:16:15] BitMEX_Greg : thiago: Kaiko don't set the prices. It is an index comprised of 50% Bitstamp and 50% OkC0in USD
[2016-12-01 00:18:34] rapidtrades : lol @thiago
[2016-12-01 00:19:50] BitMEX_Sam : @thiago dump a quarter million cont, that should get it going
[2016-12-01 00:20:11] rapidtrades : +!
[2016-12-01 00:20:14] rapidtrades : +1
[2016-12-01 00:33:11] thiago : that's what I read from their website.. still, me don't like
[2016-12-01 00:35:40] thiago : also, charts are from trading view, and spot price from other source.. how come
[2016-12-01 00:38:21] mjones : so 1 exchange cant bring down the price and margin call a bunch of people
[2016-12-01 00:41:40] thiago : I get it... but sometimes you are waiting that movement.. lol
[2016-12-01 00:45:05] mjones : if you want more movement then 0kcoin quarterly futures could provide it but then you are only trading 10x and 20x
[2016-12-01 00:51:17] thiago : Im trading 10x atm
[2016-12-01 00:52:00] thiago : 50 or 100 gets a insane liquidation price, no?
[2016-12-01 00:52:44] Rado : thiago: it's about position size relative to the account balance
[2016-12-01 00:52:48] Rado : I always trade 100x
[2016-12-01 00:53:11] Rado : but it doesn't affect me because each trade is only a fraction of my balance
[2016-12-01 00:53:45] QuantFocus : Rado: so technically not 100x
[2016-12-01 00:55:55] thiago : Rado: can you give me some numbers?
[2016-12-01 00:57:25] mjones : 50x is reasonable if you pick the right time to get in
[2016-12-01 00:58:23] sleger : Rado: and you're happy to lose your maintenance margin everytime ?
[2016-12-01 00:59:03] Rado : QuantFocus: it is 100x
[2016-12-01 00:59:19] Rado : when you are doing 100x it uses a lot less margin
[2016-12-01 00:59:50] QuantFocus : Rado: if you're not trading 100x your margin, then it's not 100x
[2016-12-01 01:00:00] QuantFocus : you might have margin requirement set to 100x, but it's not the same thing
[2016-12-01 01:00:15] Rado : exactly
[2016-12-01 01:00:41] Rado : you have to be insane to use your whole account
[2016-12-01 01:00:49] Rado : only then it will be true 100x
[2016-12-01 01:01:45] Rado : cross calculates it based on 100x, but the effective leverage is only 1.41x for example
[2016-12-01 01:02:09] thiago : I use my whole account. yolo
[2016-12-01 01:04:58] Rado : thiago: :-)
[2016-12-01 01:05:13] Rado : thiago: is your account like 0.2 BTC?
[2016-12-01 01:05:38] thiago : 3.7
[2016-12-01 01:06:16] Rado : you can buy almost 250k contracts with 3.7 BTC
[2016-12-01 01:06:23] sleger : thats probably 2x the average bitmex user
[2016-12-01 01:06:32] Rado : but I guess if you use only 10x it will be 25k contracts
[2016-12-01 01:06:35] Rado : so that's fare
[2016-12-01 01:06:45] sleger : fair not fare
[2016-12-01 01:06:54] Rado : thanks sleger
[2016-12-01 01:07:05] sleger : fare is what you pay to take the suburban train to go back to your shithole
[2016-12-01 01:07:15] Rado : still making spelling mistakes after 20 years
[2016-12-01 01:07:41] Rado : sleger: I know what it is
[2016-12-01 01:08:00] Rado : sleger: how is your trading going?
[2016-12-01 01:08:40] Rado : Chinese Garlic market reaches all-time high.
[2016-12-01 01:08:41] Rado : LOL
[2016-12-01 01:08:54] Rado : https://twitter.com/PeterLBrandt/status/804128990801854464
[2016-12-01 01:09:26] sleger : cant complain
[2016-12-01 01:09:40] Rado : cool
[2016-12-01 01:10:03] Rado : BTC has been slow until today
[2016-12-01 01:12:46] Rado : looks like 0.0122 is a resistance for XMR
[2016-12-01 01:12:52] Rado : shorted some for a scalp
[2016-12-01 01:16:06] REKT : Liquidated long on `ETH7D`: Sell 20 @ 0.011420
[2016-12-01 01:19:57] thiago : just figured out that 3.7 btc, is a whole 12 months minimum wage in my country lol
[2016-12-01 01:21:09] rapidtrades : PBOC sets yuan reference rate for today at 6.8958 (vs. yesterday at 6.8865)
[2016-12-01 01:31:04] sleger : thiago: you live in Ethiopia ?
[2016-12-01 01:32:10] rapidtrades : that's 215 euros per month
[2016-12-01 01:32:33] rapidtrades : could apply to most of Eastern Europe
[2016-12-01 01:32:41] sleger : i cant leave one day with that
[2016-12-01 01:32:45] sleger : *live
[2016-12-01 01:33:29] rapidtrades : i don't see how that's possible but I'll take ur word for it
[2016-12-01 01:33:45] sleger : my rent is more than that
[2016-12-01 01:33:52] rapidtrades : per day?
[2016-12-01 01:33:58] sleger : i pay per month but yes
[2016-12-01 01:34:11] sleger : the bottle of wine i had is half of that
[2016-12-01 01:34:19] rapidtrades : why are u spending 6k for rent...like wtf
[2016-12-01 01:34:38] sleger : well, first of all, I have a couch in my apartment unlike some
[2016-12-01 01:34:43] sleger : well actually more than one
[2016-12-01 01:34:49] rapidtrades : a couch doesn't cost 6k
[2016-12-01 01:35:04] sleger : no but i meant its big enough that you need to have couches
[2016-12-01 01:35:30] rapidtrades : do u rent the Eiffel Tower?
[2016-12-01 01:35:38] sleger : its more than that dude
[2016-12-01 01:35:57] sleger : they had an apartment there for some time
[2016-12-01 01:36:04] sleger : for some show i believe though
[2016-12-01 01:36:11] arbitrage001 : sleger: where do you live?
[2016-12-01 01:36:14] sleger : anyways, I own my apartment in paris, but i live in london
[2016-12-01 01:36:40] arbitrage001 : london is top 1% upper class area
[2016-12-01 01:36:44] sleger : my apartment in paris would rent for close to 6k$ as well actually
[2016-12-01 01:36:51] arbitrage001 : cant compare to normal people
[2016-12-01 01:38:27] rapidtrades : That's ridiculous
[2016-12-01 01:38:41] arbitrage001 : rapidtrades: what is?
[2016-12-01 01:38:53] rapidtrades : paying 6k euros for rent
[2016-12-01 01:39:02] rapidtrades : sleger: do u live alone?
[2016-12-01 01:39:17] arbitrage001 : rapidtrades: even the wealthy area in 3rd world have ridiculous high rent rate
[2016-12-01 01:39:36] sleger : rapidtrades: yes, with gf
[2016-12-01 01:39:46] thiago : I live in Brasil. minimum wage/month = 880 BRL 1 USD = 3,40 BRL 3,7 XBT = 2745 USD = 9600 BRL.. about 11 wages here.. so, yes..
[2016-12-01 01:39:47] rapidtrades : at some point you're just throwing away money tho @arbitrage001
[2016-12-01 01:40:16] sleger : thiago: lets look at median wage though
[2016-12-01 01:40:18] arbitrage001 : rapidtrades: when somoeone have high income, dont think they care about rent
[2016-12-01 01:40:39] rapidtrades : trading is not a certain income though
[2016-12-01 01:40:39] arbitrage001 : seen car alone cost a life time of fortune
[2016-12-01 01:40:50] rapidtrades : it's not like he has a government job
[2016-12-01 01:40:54] thiago : hard to draw a line on median wage here..
[2016-12-01 01:41:02] sleger : 10k per month is 120k per year, if you make 7 figures it totally makes sense
[2016-12-01 01:41:09] arbitrage001 : rapidtrades: upper class family, politically connected
[2016-12-01 01:41:52] rapidtrades : sleger: and u make over 7 figures?
[2016-12-01 01:41:56] arbitrage001 : government jobs get paid penny by comparison
[2016-12-01 01:42:24] sleger : rapidtrades: yes
[2016-12-01 01:42:43] rapidtrades : i thought it was 200-400k? that's how i remember it last time
[2016-12-01 01:42:50] arbitrage001 : sleger: just curious why you hang out here
[2016-12-01 01:42:54] sleger : probably talking about base
[2016-12-01 01:43:12] sleger : arbitrage001: why not
[2016-12-01 01:43:13] rapidtrades : ah
[2016-12-01 01:43:31] arbitrage001 : sleger: lots of things you can do on your free time
[2016-12-01 01:43:39] arbitrage001 : and not worry about position you have here
[2016-12-01 01:43:48] arbitrage001 : or anywhere else
[2016-12-01 01:44:41] sleger : arbitrage001: i feel like i do what i want. I go out enough, I have nights with friends where we blow a few k$ per head, but dont want to go out every night
[2016-12-01 01:44:55] sleger : blow, as in spend, bottles of Dom etc....
[2016-12-01 01:45:29] Coconuter : blow as in cocaine
[2016-12-01 01:45:31] Coconuter : 90 90
[2016-12-01 01:45:38] Coconuter : be real with us sleger
[2016-12-01 01:45:43] sleger : no, never done that
[2016-12-01 01:45:55] rapidtrades : high class hookers?
[2016-12-01 01:45:55] thiago : fag
[2016-12-01 01:46:26] sleger : thiago: go see your brazilian hooker "ladies"
[2016-12-01 01:46:44] thiago : jk lol
[2016-12-01 01:47:00] l3f : thiago: I knew you were BR because I've watched the city of god
[2016-12-01 01:47:07] thiago : brazilian ladies are fine tho
[2016-12-01 01:47:31] sleger : when they are ladies sure
[2016-12-01 01:47:36] thiago : in Rio they are ugly
[2016-12-01 01:47:50] thiago : gotta go down south
[2016-12-01 01:48:17] sleger : rapidtrades: high class hookers, no, you dont need to, when you spend enough, they are all at your feet, but then they are not technically hookers even though...
[2016-12-01 01:48:27] sleger : btc about to pop
[2016-12-01 01:48:47] Coconuter : suggar daddy
[2016-12-01 01:49:22] Coconuter : sleger can you spend 1 day of rent and pump XBT for us please
[2016-12-01 01:49:25] Coconuter : thanks
[2016-12-01 01:49:32] REKT : Liquidated long on `XMR7D`: Sell 50 @ 0.011768
[2016-12-01 01:49:38] sleger : its coming now
[2016-12-01 01:49:40] l3f : wew lad
[2016-12-01 01:49:41] mjones : has a female ever entered the trollbox on bitmex?
[2016-12-01 01:49:51] sleger : mjones: yes my gf is here
[2016-12-01 01:49:52] sleger : Adriana
[2016-12-01 01:49:55] l3f : do you want to play a game of pretend?
[2016-12-01 01:50:39] mjones : pretend? like stick your cock between your legs and act like you have a hairy pussy?
[2016-12-01 01:51:19] l3f : sounds like you are way more experienced at this
[2016-12-01 01:52:11] thiago : taking notes.. go on
[2016-12-01 01:52:47] Coconuter : thnaks sleger
[2016-12-01 01:52:59] Coconuter : pump now another day from the paris rent
[2016-12-01 01:52:59] sleger : rapidtrades: are you coming to london any time soon ?
[2016-12-01 01:53:18] sleger : Coconuter: i dont pay rent in paris, i bought it
[2016-12-01 01:53:41] Coconuter : i should rent it
[2016-12-01 01:54:00] rapidtrades : sleger: nope
[2016-12-01 01:54:08] sleger : Coconuter: its not for rent
[2016-12-01 01:54:16] Coconuter : rent for me
[2016-12-01 01:54:19] Coconuter : im your BFF
[2016-12-01 01:54:23] sleger : that's where i keep my parisian girlfriend
[2016-12-01 01:54:28] Coconuter : ill take care of Adriana
[2016-12-01 01:54:35] Coconuter : when your out blowing with your friends
[2016-12-01 01:54:37] sleger : adriana is in russia
[2016-12-01 01:54:41] sleger : she is not ready yet to move over
[2016-12-01 01:54:51] Coconuter : oohhh i love pink rosetas russians
[2016-12-01 01:55:09] Coconuter : ill even enter a marriage dating russian website now
[2016-12-01 01:55:19] sleger : plenty of those
[2016-12-01 01:55:29] Coconuter : wish i had a apartment on paris tho it would make things easier
[2016-12-01 01:55:38] Coconuter : but ill get my Island in 1-2 years
[2016-12-01 01:55:42] Coconuter : less crowded
[2016-12-01 01:57:11] rapidtrades : I'm prolly going to Malta for the winter
[2016-12-01 01:57:17] rapidtrades : can't stand the cold weather
[2016-12-01 01:57:45] sleger : rapidtrades: still shocked you thought i made 200-400k per year. doesnt seem to match my lifestyle
[2016-12-01 01:58:16] arbitrage001 : sleger: any tips of us here?
[2016-12-01 01:58:16] rapidtrades : lol
[2016-12-01 01:58:18] sleger : i thought i mentioned flying in a private plane from france with a bunch of friends to miami something like a year ago ?
[2016-12-01 01:58:36] rapidtrades : hmmm you didn't say private plane, no
[2016-12-01 01:58:45] Coconuter : thats a month he makes rapid shares
[2016-12-01 01:58:50] rapidtrades : i do remember the trip tho
[2016-12-01 01:58:51] sleger : maybe forgot that part then
[2016-12-01 01:59:15] sleger : well: its not worth it
[2016-12-01 01:59:18] rapidtrades : u were prolly more modest back then
[2016-12-01 01:59:25] sleger : just fly business
[2016-12-01 01:59:55] sleger : skipping lines is cool but thats pretty much it
[2016-12-01 01:59:55] rapidtrades : i'll never fly business unless it's paid for...waste of money
[2016-12-01 02:00:02] Coconuter : kkkkk
[2016-12-01 02:00:16] sleger : business is soooooo worth it
[2016-12-01 02:00:18] rapidtrades : just tough it out for few hours :)
[2016-12-01 02:00:29] sleger : i havent flew anything else since i was 20
[2016-12-01 02:00:43] sleger : anything else = eco
[2016-12-01 02:00:52] sleger : first isnt worth it most of the time
[2016-12-01 02:01:33] sleger : *flown
[2016-12-01 02:02:13] sleger : i cant do couch, unless they paid me like3k and only because im cheap
[2016-12-01 02:02:25] sleger : *coach, couch is the thing you dont have
[2016-12-01 02:02:53] thiago : wtf is kilocoin? 192% up
[2016-12-01 02:03:08] rapidtrades : business is what 5k? so by going eco ur essentially getting paid 5k to tough it out for few hours
[2016-12-01 02:03:27] sleger : depends, 2-3k
[2016-12-01 02:03:42] rapidtrades : in europe?
[2016-12-01 02:03:52] rapidtrades : on short flights?
[2016-12-01 02:03:56] sleger : 3k paris - ny
[2016-12-01 02:04:10] sleger : 4k paris - brasilia
[2016-12-01 02:04:32] Coconuter : cheap if you make it in dollars
[2016-12-01 02:04:56] rapidtrades : still high....and it's not like u get there before eco :)
[2016-12-01 02:05:08] Coconuter : the services dont compare
[2016-12-01 02:05:16] Coconuter : economic vs business
[2016-12-01 02:05:21] rapidtrades : all services are shit on a plane
[2016-12-01 02:05:54] Coconuter : like im going to USA and paying 3k of local currency on business
[2016-12-01 02:06:14] Coconuter : its worth it
[2016-12-01 02:06:25] Coconuter : the food, drinks, space
[2016-12-01 02:06:40] rapidtrades : dude its what a 5 hour flight?
[2016-12-01 02:06:50] Coconuter : 8 hours
[2016-12-01 02:06:58] rapidtrades : from Brasil?
[2016-12-01 02:07:02] Coconuter : yep
[2016-12-01 02:07:05] rapidtrades : wow
[2016-12-01 02:07:15] rapidtrades : so ur further away from europe
[2016-12-01 02:07:27] Coconuter : yep europe is over 12 hours
[2016-12-01 02:07:33] Coconuter : 10hours to portugal
[2016-12-01 02:08:00] Coconuter : after i secure funding in USA ill move out
[2016-12-01 02:08:08] Coconuter : nomad
[2016-12-01 02:08:21] sleger : paris-ny is 6-7 hr flight
[2016-12-01 02:08:30] sleger : business get there 30 min before eco
[2016-12-01 02:08:35] Coconuter : kkkkkk
[2016-12-01 02:08:40] sleger : because of the line at immigration
[2016-12-01 02:08:46] Coconuter : even more with the special bottle of champagne
[2016-12-01 02:08:55] rapidtrades : yeah i thought europe was closer
[2016-12-01 02:09:28] rapidtrades : i agree that above 5-6 hrs its hard...especially if ur older like us :)
[2016-12-01 02:09:41] rapidtrades : that's kinda my breaking point
[2016-12-01 02:09:56] sleger : i agree up to 4hr i dont mind too much, after is a nightmare
[2016-12-01 02:09:58] Coconuter : brazil 60.000 homicides per year
[2016-12-01 02:10:03] Coconuter : on 230million people
[2016-12-01 02:10:07] Coconuter : pretty wild
[2016-12-01 02:10:18] Coconuter : worst than siria and iraq
[2016-12-01 02:10:31] rapidtrades : that's only 0.26% of population getting killed per year
[2016-12-01 02:10:34] rapidtrades : not that bad
[2016-12-01 02:10:38] Coconuter : in 10 days im out
[2016-12-01 02:10:48] arbitrage001 : life isnt that good most of the world
[2016-12-01 02:10:54] sleger : what visa you got ? @Coconuter
[2016-12-01 02:10:54] rapidtrades : going to US? @Coconuter
[2016-12-01 02:10:55] Coconuter : lol
[2016-12-01 02:11:02] Coconuter : yes
[2016-12-01 02:11:11] Coconuter : ill go with business visa
[2016-12-01 02:11:18] Coconuter : have some investors to meet
[2016-12-01 02:11:24] Coconuter : and some events
[2016-12-01 02:11:33] sleger : oh so its temporary
[2016-12-01 02:11:36] rapidtrades : investors in what?
[2016-12-01 02:11:36] sleger : no green card
[2016-12-01 02:11:41] Coconuter : went there last year to open the LLC
[2016-12-01 02:11:53] sleger : you can open a llc as a non resident ? surprised
[2016-12-01 02:12:06] Coconuter : rapidtrades: investors for my startups
[2016-12-01 02:12:14] Coconuter : sleger: sure i opened online in 24hours
[2016-12-01 02:12:18] rapidtrades : can't anyone open an LLC?
[2016-12-01 02:12:21] Coconuter : went there just to open the bank account
[2016-12-01 02:12:24] Coconuter : :)
[2016-12-01 02:12:35] sleger : surprised it s so easy
[2016-12-01 02:12:42] Coconuter : lol
[2016-12-01 02:12:51] rapidtrades : why wouldn't it be easy? it's free money for them
[2016-12-01 02:12:58] Coconuter : yep
[2016-12-01 02:13:13] Coconuter : in brazil i opened my last startup company it took 3 months
[2016-12-01 02:13:22] Coconuter : due a program failure and Olympics
[2016-12-01 02:13:28] rapidtrades : it doesn't take much to open a company in most places....bank accounts are harder to get
[2016-12-01 02:13:47] Coconuter : man i found some countries you can open a company online
[2016-12-01 02:13:59] Coconuter : get citizen state
[2016-12-01 02:14:02] Coconuter : its 0% tax
[2016-12-01 02:14:06] rapidtrades : estonia?
[2016-12-01 02:14:11] Coconuter : yeah
[2016-12-01 02:14:17] Coconuter : estonia babes man
[2016-12-01 02:14:19] rapidtrades : it's not really 0% tho
[2016-12-01 02:14:25] Coconuter : yes but
[2016-12-01 02:14:32] rapidtrades : i think that's on reinvested earnings
[2016-12-01 02:14:35] Coconuter : if you reinvest its 0%
[2016-12-01 02:14:39] rapidtrades : yes
[2016-12-01 02:14:41] Coconuter : so
[2016-12-01 02:14:47] Coconuter : dreams are real
[2016-12-01 02:14:52] sleger : Coconuter: you have to pay flat fees to open a llc no ? around 500$?
[2016-12-01 02:15:15] Coconuter : here in brazil is 30% yearly and each product has up to 60% tax
[2016-12-01 02:15:17] Coconuter : tax over taxes
[2016-12-01 02:15:22] rapidtrades : You prolly can't run a fund under that structure though @Coconuter
[2016-12-01 02:15:35] Coconuter : sleger: yes i paid that and 1 year of free agent
[2016-12-01 02:15:55] Coconuter : well a startup i can run under stonia
[2016-12-01 02:16:00] Coconuter : all my services will be virtual
[2016-12-01 02:16:04] rapidtrades : so u have to fly to US for bank account? can't do it online fwith ur LLC?
[2016-12-01 02:16:08] Coconuter : doesnt mind where the company is
[2016-12-01 02:16:33] Coconuter : rapidtrades: in uS no but in panama,belize, st vincent you can open online
[2016-12-01 02:16:40] Coconuter : and have a USA LLC
[2016-12-01 02:16:43] Coconuter : :)
[2016-12-01 02:17:06] rapidtrades : banks over there have high fees
[2016-12-01 02:17:20] Coconuter : well get your jet and go to miami
[2016-12-01 02:17:22] rapidtrades : Switzerland too...high fees
[2016-12-01 02:17:27] Coconuter : and open the bank account
[2016-12-01 02:17:32] rapidtrades : :)
[2016-12-01 02:17:49] Coconuter : lol
[2016-12-01 02:17:53] rapidtrades : Coconuter: so u run a business? what's it about
[2016-12-01 02:18:03] Coconuter : APP startups
[2016-12-01 02:18:07] Coconuter : one for entertainment
[2016-12-01 02:18:10] Coconuter : other for marketing
[2016-12-01 02:18:21] Coconuter : and now ill open one for Pets
[2016-12-01 02:18:27] rapidtrades : apps?
[2016-12-01 02:18:30] Coconuter : wanted to build one for health
[2016-12-01 02:18:47] Coconuter : but my friend that is in the area didnt pushed forward
[2016-12-01 02:18:52] Coconuter : yes Mobile App
[2016-12-01 02:19:07] Coconuter : i have big developers team now with quality
[2016-12-01 02:19:30] Coconuter : ill open a LLC in USA just to get projects of website and app wise to develop for others
[2016-12-01 02:19:43] Coconuter : maybe i find more good ideas to participate
[2016-12-01 02:19:50] arbitrage001 : Coconuter: you do realize most start up fail within a year?
[2016-12-01 02:20:06] sleger : arbitrage001: thats why he opened 4
[2016-12-01 02:20:12] sleger : he 's not stupid
[2016-12-01 02:20:20] Coconuter : arbitrage001: well my startup doesnt exist in the world
[2016-12-01 02:20:22] rapidtrades : http://news.forexlive.com/!/pboc-mon-pol-committee-member-warns-on-the-of-risks-to-china-growth-in-2017-20161201
[2016-12-01 02:20:26] arbitrage001 : sleger: maybe he should open 10
[2016-12-01 02:20:30] Coconuter : the marketing is the first of its kind in brazil
[2016-12-01 02:20:37] Coconuter : sure ill keep trying
[2016-12-01 02:20:38] sleger : Coconuter: sounds cool, i wish you best of luck
[2016-12-01 02:20:57] Coconuter : sleger: lol thanks
[2016-12-01 02:21:10] Coconuter : after launch ill come here to announce it
[2016-12-01 02:21:16] Coconuter : after i secure 1 million in funding
[2016-12-01 02:21:20] Coconuter : :D
[2016-12-01 02:21:36] arbitrage001 : Coconuter: there are that many investors will throw around 1m in funding?
[2016-12-01 02:21:39] sleger : Coconuter: i think your approach is good, i dont know if you have any good idea or not, but so far seems smart
[2016-12-01 02:22:09] rapidtrades : throw shit to the wall and see what sticks approach?
[2016-12-01 02:22:16] Coconuter : arbitrage001: if you have a unique idea that can scalate in little time yes
[2016-12-01 02:22:17] thiago : Coconuter: you really need 1m to code apps?
[2016-12-01 02:22:35] rapidtrades : developers cost $$$ bro
[2016-12-01 02:22:36] Coconuter : no you do a business plan
[2016-12-01 02:22:47] Coconuter : and you show the costs
[2016-12-01 02:22:57] Coconuter : and the structure
[2016-12-01 02:23:08] Coconuter : i got to a point im all set i just need marketing world wide cash
[2016-12-01 02:23:21] thiago : I see
[2016-12-01 02:23:26] Coconuter : and know where to invest on improvements
[2016-12-01 02:23:34] Coconuter : you aim huge
[2016-12-01 02:23:37] Coconuter : always
[2016-12-01 02:23:40] Coconuter : or you die
[2016-12-01 02:24:18] Coconuter : rapidtrades: yes man big companies pays basis of 10-15kU$ a month for a programmer
[2016-12-01 02:24:27] Coconuter : only 1!
[2016-12-01 02:24:29] Coconuter : lol
[2016-12-01 02:26:36] arbitrage001 : Coconuter: there are massive layoff in the tech sector
[2016-12-01 02:26:48] rapidtrades : that's proly only in the US @Coconuter
[2016-12-01 02:26:59] Coconuter : iam going to the US in 10 days
[2016-12-01 02:27:01] Coconuter : lol
[2016-12-01 02:27:37] Coconuter : its easy to enter a freelance website and think your doing a good choice in a 10U$ a hour
[2016-12-01 02:27:58] rapidtrades : http://www.coindesk.com/judge-approved-irs-coinbase-users/
[2016-12-01 02:28:02] Coconuter : it will take you a long time to build a team
[2016-12-01 02:28:06] sleger : Coconuter: where are you going to ?
[2016-12-01 02:28:12] Coconuter : .
[2016-12-01 02:28:42] Coconuter : sleger: miami
[2016-12-01 02:28:48] Coconuter : im taking my 2 french bulldogs with me
[2016-12-01 02:28:51] Coconuter : lol
[2016-12-01 02:29:35] Coconuter : ill try there for about 2-3months if i dont get a good return ill try Cali or Boswash
[2016-12-01 02:29:40] sleger : Coconuter: enjoy the restaurants there at night
[2016-12-01 02:29:44] rapidtrades : nice weather over there
[2016-12-01 02:29:54] Coconuter : iam :)
[2016-12-01 02:30:03] sleger : the over-sized cocktails
[2016-12-01 02:30:04] rapidtrades : but i guess Brazil is the same
[2016-12-01 02:30:13] Coconuter : yes but brazil is broke right
[2016-12-01 02:30:15] rapidtrades : does it ever snow in Brazil?
[2016-12-01 02:30:24] Coconuter : the cost of living here got to a point same as Miami
[2016-12-01 02:30:27] sleger : in the mountains yes
[2016-12-01 02:30:40] Coconuter : even with the dollar being 4x higher then our currency
[2016-12-01 02:30:52] Coconuter : rapidtrades: lol snow on the south rarely
[2016-12-01 02:30:52] sleger : Coconuter: cost of living in miami has to be > brazil anywhere ??
[2016-12-01 02:31:12] Coconuter : sleger: if you live in big cities its almost the same man
[2016-12-01 02:31:28] rapidtrades : that doesn't seem right
[2016-12-01 02:31:28] Coconuter : with the minimum wage being 5 time lower
[2016-12-01 02:31:36] Coconuter : yep
[2016-12-01 02:31:51] Coconuter : my car here is a i30 2011
[2016-12-01 02:32:00] Coconuter : in miami for same price ill get a cadillac
[2016-12-01 02:32:04] Coconuter : or something
[2016-12-01 02:32:06] Coconuter : LOL
[2016-12-01 02:32:06] thiago : can confirm. they call it 3 world country for a reason.
[2016-12-01 02:32:26] Coconuter : run for your lifes
[2016-12-01 02:32:42] sleger : so real estate is way overpriced in big cities in brazil then ?
[2016-12-01 02:32:51] Coconuter : bubble bursted already
[2016-12-01 02:32:54] Coconuter : i got out on highs
[2016-12-01 02:33:00] Coconuter : told everyone friends family
[2016-12-01 02:33:03] Coconuter : prior to it
[2016-12-01 02:33:07] Coconuter : since 2011 been warning
[2016-12-01 02:33:09] arbitrage001 : Coconuter: burst mean how many % correction?
[2016-12-01 02:33:11] Coconuter : and i was the crazy one
[2016-12-01 02:33:33] Coconuter : arbitrage001: well about 30% on the constructors
[2016-12-01 02:33:38] arbitrage001 : go down by 50%? 60%? 80%?
[2016-12-01 02:33:41] Coconuter : but even 50%
[2016-12-01 02:33:47] Coconuter : its easy to find
[2016-12-01 02:34:09] arbitrage001 : in kl here, even 50% correction would still mean most people cant afford a home
[2016-12-01 02:34:11] Coconuter : government is holding the big construction company from bankrupt
[2016-12-01 02:34:21] Coconuter : so also auctions
[2016-12-01 02:34:34] Coconuter : the banks are buying the auctions
[2016-12-01 02:34:38] Coconuter : and smoothing the burst
[2016-12-01 02:35:17] Coconuter : arbitrage001: yep was good times making 200% on a house valuation
[2016-12-01 02:35:52] sleger : arbitrage001: kl ?
[2016-12-01 02:36:02] arbitrage001 : sleger: kuala lumpur
[2016-12-01 02:37:05] Coconuter : the house leasing here is 7-10% a year
[2016-12-01 02:37:17] Coconuter : many people financed theyre homes in 30-40Years leases
[2016-12-01 02:37:26] Coconuter : on the top of the bubble price
[2016-12-01 02:37:41] arbitrage001 : how is the mortgage rate?
[2016-12-01 02:37:54] Coconuter : yeah mortgage sorry i said leasing
[2016-12-01 02:37:56] Coconuter : lol
[2016-12-01 02:38:03] Coconuter : its 7% to 10% a year
[2016-12-01 02:38:08] Coconuter : even higher
[2016-12-01 02:38:08] arbitrage001 : if the currency going down, hard to see how the central bank can maintain low rate
[2016-12-01 02:38:28] Coconuter : here its the biggest rate possible
[2016-12-01 02:38:34] Coconuter : good for speculative
[2016-12-01 02:38:52] arbitrage001 : wouldnt specualte if the rate is 10% lol
[2016-12-01 02:38:55] sleger : 7-10% and expensive like miamai
[2016-12-01 02:39:02] sleger : gonna crash real bad
[2016-12-01 02:39:07] sleger : even miami is crashing right now
[2016-12-01 02:40:05] arbitrage001 : sleger: thought US housing already bottom out
[2016-12-01 02:40:37] sleger : the current bottom is 2011, but places like miami are going to crash harder soon
[2016-12-01 02:40:38] arbitrage001 : there will be another round of correction?
[2016-12-01 02:40:52] thiago : all this talk... makes me think Hillary was right somehow..
[2016-12-01 02:40:55] sleger : too many new dev after the short recovery not even on the market
[2016-12-01 02:41:13] sleger : so many people who invested pre construction are selling at a loss now
[2016-12-01 02:41:21] sleger : hillary she cunt win
[2016-12-01 02:41:37] sleger : kitten=cant
[2016-12-01 02:41:40] sleger : with a u
[2016-12-01 02:42:08] sleger : miami is NOT a good investment
[2016-12-01 02:43:30] Coconuter : if you enter zillow
[2016-12-01 02:43:42] Coconuter : and see the foreclousures in florida, miami orlando
[2016-12-01 02:43:45] Coconuter : its craaazy shit
[2016-12-01 02:44:00] Coconuter : canada vancouver and toronto also will collapse
[2016-12-01 02:44:01] arbitrage001 : Coconuter: yeah
[2016-12-01 02:44:14] Coconuter : i believe a global collapse on housing prices will push the crypto
[2016-12-01 02:44:19] arbitrage001 : hard to imagine nice home in US cheaper than lame home in 3rd world
[2016-12-01 02:44:30] Coconuter : since dispair of where to put the money
[2016-12-01 02:44:34] Coconuter : will force them
[2016-12-01 02:44:48] sleger : canada is special, but miami is crazy, it went too far high during recovery, too many new constructions kind of like nyc but to a greater extent
[2016-12-01 02:44:51] rapidtrades : there's a lot of cheap homes in US, especially in middle/south part of country
[2016-12-01 02:44:55] Coconuter : arbitrage001: yes mand in DETROIT you can buy big house for 5k U$
[2016-12-01 02:45:00] Coconuter : a monthly rent from Sleger
[2016-12-01 02:45:02] Coconuter : LOL
[2016-12-01 02:45:11] rapidtrades : yeah but Detroit is shit
[2016-12-01 02:45:13] sleger : i wouldnt buy in detroit
[2016-12-01 02:45:25] Coconuter : sure but if only had 3k U$
[2016-12-01 02:45:26] sleger : but i just bought part of a apartment building in chicago
[2016-12-01 02:45:31] Coconuter : scaping from siria
[2016-12-01 02:45:36] Coconuter : or other similar situations
[2016-12-01 02:46:01] Coconuter : here in brazil on local currency a tent in a favela
[2016-12-01 02:46:03] rapidtrades : sleger: the garage?
[2016-12-01 02:46:08] Coconuter : is 50k
[2016-12-01 02:46:10] sleger : apartment buildings in the US have great yields
[2016-12-01 02:46:26] sleger : rapidtrades: no studios and 1 bedrooms, 50 of them
[2016-12-01 02:46:40] Coconuter : i have a friend in chicago working for GE
[2016-12-01 02:46:43] Coconuter : close friend
[2016-12-01 02:46:53] rapidtrades : what...u bought 50 apartments? @sleger
[2016-12-01 02:46:54] sleger : i dont have enough cars to buy a parking garage yet
[2016-12-01 02:46:54] Coconuter : next year he leaves GE and get a green card
[2016-12-01 02:47:11] sleger : rapidtrades: i already have more than that but yes
[2016-12-01 02:47:20] rapidtrades : wtf
[2016-12-01 02:47:33] Coconuter : lol
[2016-12-01 02:47:41] Coconuter : xbt is falling sleger
[2016-12-01 02:47:44] Coconuter : buy more please
[2016-12-01 02:48:10] Coconuter : i sold all my apartments on the bubbles high
[2016-12-01 02:48:22] Coconuter : brazilian government paying 15% a year on interest rates
[2016-12-01 02:48:27] sleger : well that s good then
[2016-12-01 02:49:00] Coconuter : now i rent a 6000 sqr feet
[2016-12-01 02:49:02] Coconuter : mansion
[2016-12-01 02:49:07] Coconuter : for 1.000U$
[2016-12-01 02:49:15] Coconuter : due the bubble
[2016-12-01 02:49:15] sleger : that is big
[2016-12-01 02:49:22] Coconuter : yep 4 floors
[2016-12-01 02:49:25] sleger : maid might be expensive
[2016-12-01 02:49:33] Coconuter : i keep here the headquarters
[2016-12-01 02:49:36] Coconuter : for my projects
[2016-12-01 02:49:40] Coconuter : i have robots man
[2016-12-01 02:49:44] Coconuter : they clean the house
[2016-12-01 02:49:50] sleger : roombas are not cheap
[2016-12-01 02:49:53] Coconuter : and dont complaint
[2016-12-01 02:49:56] thiago : Coconuter: what city?
[2016-12-01 02:50:04] Coconuter : better than the maids complaining
[2016-12-01 02:50:11] Coconuter : thiago: Belo Horizonte e vc ?
[2016-12-01 02:50:21] sleger : i have 2 roombas i know, they cost a lot
[2016-12-01 02:50:32] sleger : alexa is good at controlling them though
[2016-12-01 02:50:34] Coconuter : lol
[2016-12-01 02:50:42] sleger : If Adriana comes she wont have much to do
[2016-12-01 02:51:01] thiago : //floripa
[2016-12-01 02:51:03] Coconuter : once i get rich ill have alexas and adrianas also helping
[2016-12-01 02:51:11] Coconuter : thiago: legal meu pai mora ai
[2016-12-01 02:51:49] sleger : Coconuter: what would you say is the average income in your city ?
[2016-12-01 02:52:03] Coconuter : 1k u$ a month
[2016-12-01 02:52:22] arbitrage001 : that is pretty high if it is average
[2016-12-01 02:52:22] Coconuter : but most people are dumb and useless jobs get 200-300U$ a month
[2016-12-01 02:52:44] Coconuter : if your qualified you get 800-1000U$ a month
[2016-12-01 02:52:55] Coconuter : if your a cashier or something its 200-300U$
[2016-12-01 02:54:49] Coconuter : arbitrage001: and even 1000U$ is not high because the cost with inflation eats everything
[2016-12-01 02:55:08] arbitrage001 : Coconuter: more like cost of corruption
[2016-12-01 02:55:24] thiago : leftism*
[2016-12-01 02:55:39] Coconuter : lol for sure but even in USA theres corruption but theres also free market
[2016-12-01 02:56:20] Coconuter : here besides corruption the politicians want to break the country on purpose