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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[2016-12-12 11:19:48] Derreck : l3f: if its already priced in, why is BTC up right now?
[2016-12-12 11:19:49] billyboy402 : and not sending $ to a cheaper exchange
[2016-12-12 11:20:07] l3f : Derreck: because usd rates increase shits down CNY price
[2016-12-12 11:20:24] l3f : lower CNY price = bitcoin pump
[2016-12-12 11:20:36] Derreck : l3f: oh ok, makes sense
[2016-12-12 11:21:32] aethlios : maybe italians start buying, first bail in possible to happen in monte dei paschi.
[2016-12-12 11:22:15] aethlios : kraken has cheap sepa transfers. i use kraken as euro benchmark
[2016-12-12 11:22:26] REKT : Liquidated short on `XBTUSD`: Buy 3000 @ 777.05
[2016-12-12 11:22:52] l3f : poor bastard
[2016-12-12 11:26:44] aethlios : many stop loss order I guess will be above 800, 801 to 805
[2016-12-12 11:27:11] anonymous789 : i don't understand the mentality of people buying at these prices
[2016-12-12 11:27:30] anonymous789 : even some of the top bitcoin people have been selling in an effort to buy at lower prices
[2016-12-12 11:27:32] anonymous789 : like turd demeester
[2016-12-12 11:27:36] mjones : almost new high on xbtz16. new round of margin calls
[2016-12-12 11:27:49] rms : cause downside is a 10% retrace, upside is moon
[2016-12-12 11:28:01] rms : so buying at new highs makes sense if you are chasing 30% increase in BTC
[2016-12-12 11:28:15] anonymous789 : you don't buy when things are high
[2016-12-12 11:28:25] anonymous789 : that's like basic trading
[2016-12-12 11:28:26] l3f : the price doesn't matter
[2016-12-12 11:28:38] Ary : this isnt high
[2016-12-12 11:28:40] anonymous789 : i call what's happening right now FOMO
[2016-12-12 11:28:45] Ernybrown : anonymous789: hello
[2016-12-12 11:28:53] anonymous789 : Ernybrown: hi
[2016-12-12 11:29:05] l3f : I'm going in short guys
[2016-12-12 11:29:06] l3f : wish me luck
[2016-12-12 11:29:12] anonymous789 : l3f: good luck
[2016-12-12 11:29:13] mjones : good luck
[2016-12-12 11:29:17] KingTuna : LOL People said $30 was high and then $90 was way too high then $265 and so on
[2016-12-12 11:29:20] aethlios : anonymous789: how do you know price is high?? is it also expensive? still 35% below ATH 3 years back.
[2016-12-12 11:29:32] anonymous789 : KingTuna: 30 was high, it retraced back to like 3$ didn't it?
[2016-12-12 11:29:36] aethlios : l3f: you want to get poor?
[2016-12-12 11:29:37] Ernybrown : Please whats this site all about
[2016-12-12 11:29:44] l3f : aethlios: lel
[2016-12-12 11:30:00] mjones : this site is about making money
[2016-12-12 11:30:07] l3f : aethlios: it'd be too easy, if it pushes past 780
[2016-12-12 11:30:10] anonymous789 : @KingTuna all of the prices you've stated retraced back
[2016-12-12 11:30:13] l3f : but whales
[2016-12-12 11:30:15] l3f : won't want that
[2016-12-12 11:30:16] Ernybrown : anonymous789: please what is this site all about
[2016-12-12 11:30:24] anonymous789 : 30 retraced to 3, 90 retraced to 50, 265 retraced to like 80
[2016-12-12 11:30:26] KingTuna : Yes but look at it now
[2016-12-12 11:30:38] anonymous789 : that's the point i'm making
[2016-12-12 11:30:42] KingTuna : Times have changed.. BTC halving rewards, BTC maturity , etc
[2016-12-12 11:31:12] KingTuna : Sure nothing can go up in a straight lines and there will be retrace, but I don't think 90% retrace
[2016-12-12 11:31:27] anonymous789 : no but i'm not saying 90%
[2016-12-12 11:31:34] aethlios : anonymous789: 1175 retraced to 180, so we are to the way up, not to the way down.
[2016-12-12 11:31:44] anonymous789 : i'm saying a small retrace to the longer trendline which is around 720 or lower 680
[2016-12-12 11:31:46] KingTuna : I guess it all comes down to whether one is short, medium or longterm btc
[2016-12-12 11:32:01] KingTuna : possibly
[2016-12-12 11:32:21] anonymous789 : a small crash is healthy for the market
[2016-12-12 11:32:47] anonymous789 : the bigger the bubble, the bigger the burst
[2016-12-12 11:33:13] aethlios : bull markets are build in fear, so a few make money holding tight, most short the up trend and go long at the top, get liquidated to the correction, then short the bottom and get liquidated again when major trend resumes. that way btc whales collect the little guy money.
[2016-12-12 11:34:56] rullwull : actually whales manipulate the price, they make people buy when they sell and sell when whales buy
[2016-12-12 11:35:04] bingbongfly : rip etc, bleeding out
[2016-12-12 11:36:29] aethlios : whales can't manipulate the longer term fundamentally build price, but can manipulate the short term to medium term volatility to wipe out 95% of traders. That's why fundamentally btc goes down but with wild volatility some times.
[2016-12-12 11:37:00] aethlios : I mean goes up (not down)
[2016-12-12 11:37:45] ett1 : i think anyone who tries to manipulate price is wasting their money. fine if you are a central bank
[2016-12-12 11:37:56] brasska : most of the news are created by whales as well, so they have an option to manipulate fundamentals
[2016-12-12 11:37:57] Ary : here we go
[2016-12-12 11:38:06] anonymous789 : you guys do understand the higher the price of bitcoin the bigger the whale has to be to increase the price?
[2016-12-12 11:38:48] ett1 : bigger in USD terms. relatively he could have kept the same number of BTC
[2016-12-12 11:39:23] anonymous789 : ett1: what?
[2016-12-12 11:39:30] rullwull : the higher price of bitcoin that more coins sold by whales and more coins bought by crowd, when whales sell enough the correction starts
[2016-12-12 11:39:36] ett1 : you are right
[2016-12-12 11:40:05] ett1 : but a whale with 10,000 btc is a whale with 10,000 BTC whether its at $100 or $10,000
[2016-12-12 11:40:09] anonymous789 : 5475 about to break
[2016-12-12 11:40:38] rullwull : the whale is who have an unlimited account
[2016-12-12 11:40:42] ett1 : harder for a newcomer
[2016-12-12 11:40:56] REKT : Liquidated short on `XBTUSD`: Buy 300 @ 777.91
[2016-12-12 11:41:06] rullwull : like okcoin for example
[2016-12-12 11:41:38] ett1 : okcoin
[2016-12-12 11:42:17] anonymous789 : RSI massively overbought
[2016-12-12 11:42:33] anonymous789 : although right now it would appear technicals ain't worth a damn
[2016-12-12 11:42:43] anonymous789 : oht here goes 5475
[2016-12-12 11:43:36] Ary : gotta push to 6k around okc futures roll over or we have a monster double top
[2016-12-12 11:44:51] Ary : lookin real good tho
[2016-12-12 11:44:58] aethlios : finex 785
[2016-12-12 11:45:46] wurstgelee : i love waking up to full moon on my day off
[2016-12-12 11:45:50] wurstgelee : :)
[2016-12-12 11:46:12] l3f : full moon rising?
[2016-12-12 11:46:25] anonymous789 : wurstgelee: i don't
[2016-12-12 11:46:45] wurstgelee : anonymous789: still short? :)
[2016-12-12 11:46:58] l3f : wurstgelee: he's in physical pain right now
[2016-12-12 11:47:08] anonymous789 : of course
[2016-12-12 11:47:28] anonymous789 : it's only logical to be short at these levels
[2016-12-12 11:47:29] wurstgelee : anonymous789: you're not gonna bail?
[2016-12-12 11:47:39] anonymous789 : 843 is liquidation
[2016-12-12 11:47:44] wurstgelee : it only logical if u think btc isnt going higher
[2016-12-12 11:47:44] anonymous789 : i deserve to lose if this doesn't correct now
[2016-12-12 11:47:50] wurstgelee : otherwise it isnt
[2016-12-12 11:47:52] wurstgelee : ;)
[2016-12-12 11:48:06] REKT : Liquidated short on `XBTUSD`: Buy 10500 @ 778.24
[2016-12-12 11:48:18] wurstgelee : anonymous789: tbh, u do. shorting the bull deserves rekt ;)
[2016-12-12 11:48:24] wurstgelee : i do better since i stopped doing that
[2016-12-12 11:48:38] anonymous789 : anyway 790 is a key level for mentally, how it behaves at 790 will decide whether i'm crazy and i let myself get liquidated or i close at loss
[2016-12-12 11:48:58] anonymous789 : for me mentally*
[2016-12-12 11:49:04] rms : ...but if you think it going to 790 why not close now and reopen in 10 points?
[2016-12-12 11:49:09] wurstgelee : 790 is where i am going to close half ;)
[2016-12-12 11:49:29] anonymous789 : rms: markets always run up a bit, have to allow some leeway
[2016-12-12 11:49:31] rms : unless your position is so enormous that opening and closing is really hard
[2016-12-12 11:49:43] anonymous789 : rms: oh yea i'm all in
[2016-12-12 11:49:47] l3f : I closed 20k into a liquidation
[2016-12-12 11:49:48] l3f : that was the best feeling
[2016-12-12 11:49:53] l3f : because you know it was top
[2016-12-12 11:50:05] wurstgelee : btc top? today?
[2016-12-12 11:50:06] REKT : Liquidated short on `XBTUSD`: Buy 1 @ 778.44 :punch: :whale:
[2016-12-12 11:50:13] anonymous789 : although one person's all-in is another person's pocket change
[2016-12-12 11:50:16] REKT : Liquidated short on `XBTUSD`: Buy 12500 @ 778.53
[2016-12-12 11:50:32] anonymous789 : here we go let's see if i get REJKT at 843
[2016-12-12 11:50:38] wurstgelee : well, u either are stupid or u have enormous balls shorting all in ;)
[2016-12-12 11:50:38] anonymous789 : REKT*
[2016-12-12 11:50:46] wurstgelee : depends on the outcome i guess :p
[2016-12-12 11:50:47] anonymous789 : wurstgelee: :D
[2016-12-12 11:51:07] anonymous789 : on a technical level, this should correct, and what a better time to short
[2016-12-12 11:51:14] anonymous789 : on a bitcoin level, it will probably moon
[2016-12-12 11:51:29] anonymous789 : i don't say 'fundamentals' because even fundamentals for bitcoin are shit right now
[2016-12-12 11:51:39] anonymous789 : with segwit not being adopted, congestion in the system etc
[2016-12-12 11:52:11] wurstgelee : dunno, i dont see a reason why we should correct just now on daily/weekly
[2016-12-12 11:52:20] wurstgelee : can always happen because buttcoin
[2016-12-12 11:52:21] anonymous789 : double top
[2016-12-12 11:52:33] anonymous789 : huge double top
[2016-12-12 11:52:38] wurstgelee : anonymous789: if we are at the second top
[2016-12-12 11:52:43] wurstgelee : which i dont think we are ;)
[2016-12-12 11:53:02] anonymous789 : i think we are ;)
[2016-12-12 11:53:03] wurstgelee : it a temporary double top
[2016-12-12 11:53:06] wurstgelee : ;)
[2016-12-12 11:53:18] anonymous789 : even if it's temporary and it corrects to like 750 i'd be happy at break even
[2016-12-12 11:53:28] Ary : progression has been healthy though
[2016-12-12 11:53:35] wurstgelee : Ary: that
[2016-12-12 11:53:45] Ary : and dat c&h
[2016-12-12 11:54:01] balhadj : hello everyone i wan't to know how i buy and sell
[2016-12-12 11:54:06] wurstgelee : everyone loves a giant c & h
[2016-12-12 11:54:08] balhadj : btc
[2016-12-12 11:54:15] wurstgelee : balhadj: press "Buy" or "Sell"
[2016-12-12 11:54:22] wurstgelee : u cant buy btc here
[2016-12-12 11:54:31] wurstgelee : balhadj: https://www.bitmex.com/app/tradingOverview
[2016-12-12 11:54:36] wurstgelee : everything u need to know
[2016-12-12 11:54:41] anonymous789 : o.O the fomo people are joining the exchanges, this could push us up to all new highs
[2016-12-12 11:55:00] anonymous789 : when you get questions like, how do i buy and sell in troll box, then as a shorter you gotta start worrying
[2016-12-12 11:55:03] wurstgelee : anonymous789: yep. new guys joing a derivatives exchange and asking how to buy btc.....
[2016-12-12 11:55:07] l3f : just go to sleep
[2016-12-12 11:55:09] wurstgelee : thats the shit that will get your short rekt
[2016-12-12 11:55:10] wurstgelee : ;)
[2016-12-12 11:55:18] Ary : yea alot of stuff lately reminds me of those days
[2016-12-12 11:55:21] l3f : wake up tomorrow and you'll understand life in a different way
[2016-12-12 11:55:22] anonymous789 : wurstgelee: you're right
[2016-12-12 11:55:29] anonymous789 : l3f: haha :D
[2016-12-12 11:55:45] wurstgelee : anonymous789: venezuela pulled cash too
[2016-12-12 11:55:52] aethlios : many btc providers exist now to buy btc using bank account or credit card. like coinbase etc. so many more fomo options than 3 years ago.
[2016-12-12 11:55:54] balhadj : what do you think you are MF
[2016-12-12 11:55:57] balhadj : anonymous789
[2016-12-12 11:56:03] wurstgelee : their biggest note...also it was only worth $ .02
[2016-12-12 11:56:05] wurstgelee : still...
[2016-12-12 11:56:50] ett1 : are hookers cheap in venezela
[2016-12-12 11:56:53] anonymous789 : balhadj: you're the second person in like half an hour asked about how to use this exchange
[2016-12-12 11:57:15] l3f : sorry but this is a casino and report
[2016-12-12 11:57:15] l3f : not an exchange
[2016-12-12 11:57:18] l3f : resort*
[2016-12-12 11:57:20] balhadj : i'm new here where is the problem
[2016-12-12 11:57:32] anonymous789 : balhadj: no problem, just saying, i'm about to get REKT
[2016-12-12 11:57:32] Ary : hey stop that, hes a buy signal
[2016-12-12 11:57:45] l3f : balhadj: all in on btc
[2016-12-12 11:58:02] ett1 : go long
[2016-12-12 11:58:16] anonymous789 : l3f: doesn't feel very resorty to me, i'm certainly not relaxing by the sea
[2016-12-12 11:58:38] balhadj : i have btc thanks for helping
[2016-12-12 11:58:50] anonymous789 : balhadj: good luck
[2016-12-12 12:00:45] balhadj : thank you
[2016-12-12 12:01:18] anonymous789 : on the weekly this is only the second serious test of these levels since january 2015
[2016-12-12 12:01:38] breadfan : guys do u think btcusd will see 770 by tonight? or will it go on high speed like this
[2016-12-12 12:01:40] anonymous789 : i really don't think it breaks until a third test
[2016-12-12 12:02:43] wurstgelee : anonymous789: *hope
[2016-12-12 12:02:47] wurstgelee : ;)
[2016-12-12 12:02:52] anonymous789 : hope is always there
[2016-12-12 12:02:58] anonymous789 : but the technicals support my hope ;)
[2016-12-12 12:03:08] brouk : you just wish
[2016-12-12 12:03:15] wurstgelee : the technicals dont say if it needs 2 or 3 or 4 attempts tho....
[2016-12-12 12:03:28] anonymous789 : typically 3 attempts are solid
[2016-12-12 12:03:55] wurstgelee : i dont even know if that is statistically correct tbh
[2016-12-12 12:04:09] anonymous789 : well in my experience that's what i've noticed
[2016-12-12 12:04:19] anonymous789 : sometimes it only takes 2 but 3 is usually solid confirmation
[2016-12-12 12:04:39] wurstgelee : anonymous789: chances are thats a perception of yourÄs
[2016-12-12 12:04:44] wurstgelee : *-A
[2016-12-12 12:04:46] wurstgelee : ;)
[2016-12-12 12:04:55] anonymous789 : yes probably, but it's worked in my previous trading experience
[2016-12-12 12:04:57] aaaaa : soo
[2016-12-12 12:05:00] wurstgelee : "usually" is an indicator for that :p
[2016-12-12 12:05:10] anonymous789 : and i have heard expert traders saying wait for 3rd test for confirmation of things
[2016-12-12 12:05:10] aaaaa : june attemp
[2016-12-12 12:05:14] aaaaa : november attemp
[2016-12-12 12:05:24] aaaaa : and december is the 3rd?
[2016-12-12 12:05:43] wurstgelee : anonymous789: a test doesnt confirm anything.
[2016-12-12 12:05:48] wurstgelee : a breakout with confirmation does
[2016-12-12 12:05:51] anonymous789 : yes
[2016-12-12 12:06:02] anonymous789 : but the third test is sometimes a good place to enter a trade
[2016-12-12 12:06:23] wurstgelee : i prefer entering before a test or after a breakout
[2016-12-12 12:06:27] wurstgelee : but not at resistance :)
[2016-12-12 12:06:32] anonymous789 : same
[2016-12-12 12:06:38] anonymous789 : but i'm already in now
[2016-12-12 12:06:41] anonymous789 : ;)
[2016-12-12 12:06:43] wurstgelee : yes ofc
[2016-12-12 12:06:50] wurstgelee : same for me
[2016-12-12 12:06:51] wurstgelee : =)
[2016-12-12 12:07:00] brouk : anonymous789: you are in short?
[2016-12-12 12:07:06] anonymous789 : yup
[2016-12-12 12:07:14] brouk : lol
[2016-12-12 12:07:18] brouk : good luck
[2016-12-12 12:07:31] anonymous789 : thanks
[2016-12-12 12:07:38] anonymous789 : good luck for your long too ;)
[2016-12-12 12:08:01] brouk : yeah i'm about to close it, already at a nice profit
[2016-12-12 12:08:05] anonymous789 : loving the smugness of longers right now, if it crashes it's going to be epic haha
[2016-12-12 12:08:31] anonymous789 : brouk: cool
[2016-12-12 12:08:38] Ary : okc futures are pulling back a little
[2016-12-12 12:08:57] anonymous789 : Ary: doesn't mean shit though, we need a serious bounce from these levels imo to signal reversal
[2016-12-12 12:09:14] l3f : anonymous789: well fyi I closed 112k and just calculating how much to short
[2016-12-12 12:09:23] anonymous789 : l3f: nice move
[2016-12-12 12:09:26] l3f : so we can get rekt together
[2016-12-12 12:09:33] anonymous789 : l3f: i'd wait until the bounce now in hindsight
[2016-12-12 12:09:49] anonymous789 : l3f: :D
[2016-12-12 12:10:26] anonymous789 : lol 112k, i don't have anywhere near that much :P
[2016-12-12 12:10:47] l3f : anonymous789: I'm using margin of course
[2016-12-12 12:11:03] anonymous789 : i'm using 10 times margin and i'm at 10% of 112k lol
[2016-12-12 12:11:13] anonymous789 : poor as f-uck
[2016-12-12 12:12:10] ett1 : just dont short, unless you are hedging your wallet
[2016-12-12 12:12:25] anonymous789 : heh, what a weakass pullback, probably will form a bull flag and send us to the moon
[2016-12-12 12:12:55] ett1 : what were you doing short in the firstplace
[2016-12-12 12:13:01] ett1 : buy high, sell higher
[2016-12-12 12:14:47] anonymous789 : ett1: haha
[2016-12-12 12:15:54] billyboy402 : anonymous789: i feel ur pain but in only hace 10% of that lol
[2016-12-12 12:16:04] anonymous789 : billyboy402: ;)
[2016-12-12 12:16:45] TB : fck I just bought
[2016-12-12 12:16:57] billyboy402 : i was trading eth last week , and withdraw a little of margin . then today go margin call because i forgot to put it back on . i just hope the price increase a little more
[2016-12-12 12:17:24] ett1 : eth is dead
[2016-12-12 12:20:01] bingbongfly : ett1: what about etc? alive?
[2016-12-12 12:23:08] anonymous789 : eth is the future
[2016-12-12 12:24:20] bingbongfly : anonymous789: and etc?
[2016-12-12 12:24:34] anonymous789 : etc is dead
[2016-12-12 12:24:47] anonymous789 : etc was poloniex's little pump and dump scheme
[2016-12-12 12:24:57] anonymous789 : good little fee earner
[2016-12-12 12:29:48] wurstgelee : i dont touch either etc and eth now
[2016-12-12 12:30:15] wurstgelee : i'll wait till ZEC has bottomed and buy a shitload right before #altsareback
[2016-12-12 12:30:25] wurstgelee : fuck etc/eth
[2016-12-12 12:30:27] wurstgelee : =)
[2016-12-12 12:31:09] anonymous789 : f-uck etc, not eth
[2016-12-12 12:31:17] anonymous789 : eth has fundamentals, etc is a scamcoin for poloniex
[2016-12-12 12:31:26] anonymous789 : zec has more fundamentals than etc
[2016-12-12 12:31:54] anonymous789 : litecoin has more fundamentals than etc
[2016-12-12 12:32:07] anonymous789 : why etc is even worth anything right now is beyond me
[2016-12-12 12:38:56] mjones : Etc can do anything eth can do
[2016-12-12 12:39:49] anonymous789 : mjones: have the etc devs updated their code to mitigate the ddos stuff?
[2016-12-12 12:44:53] mjones : No clue
[2016-12-12 12:45:13] anonymous789 : well if they haven't, then that means they're about 3 forks behind
[2016-12-12 12:45:24] anonymous789 : so no, your statement is inaccurate, etc can't do everything eth can
[2016-12-12 12:45:42] anonymous789 : i don't know anything about etc, which is why i asked
[2016-12-12 12:45:47] rapidtrades : wtf is up with this ridiculous rally man
[2016-12-12 12:45:53] anonymous789 : rapidtrades: indeed
[2016-12-12 12:50:08] TB : more like why the pyllback
[2016-12-12 12:50:17] TB : if you want to screw over shorts, do it properly
[2016-12-12 12:55:28] Tetsuo : BTC is like Hillary just hittin that invisible glass ceiling poppin their head against it over and over until it falls from the ladder
[2016-12-12 13:00:24] aethlios : https://www.cryptocoinsnews.com/venezuela-demonetizes-100bs-banknotes-india-like-panic-awaits/
[2016-12-12 13:07:50] arbitrage001 : politicians are idiots
[2016-12-12 13:08:00] arbitrage001 : or pretend to be idiot
[2016-12-12 13:10:18] Tetsuo : Bitcoin cultists pretend hat their god will solve the problems of the poor in the world
[2016-12-12 13:11:54] arbitrage001 : majority bitcoin transaction in my country is fraud
[2016-12-12 13:12:02] arbitrage001 : ponzi scheme
[2016-12-12 13:12:26] arbitrage001 : luring investors in using "bitcoin technology"
[2016-12-12 13:14:37] Tetsuo : in the western world it´s mostly black market
[2016-12-12 13:15:11] Tetsuo : nothing much has changed for "real world usage" in the last years
[2016-12-12 13:15:40] Rado : Tetsuo: you must be kidding
[2016-12-12 13:15:44] arbitrage001 : i dont believe btc has real usage other than gambling for legit reason
[2016-12-12 13:16:13] Rado : you guys live somewhere in the old world or in your dreams
[2016-12-12 13:16:33] arbitrage001 : transaction fee is too high for btc processing
[2016-12-12 13:16:42] arbitrage001 : converting fee + fee
[2016-12-12 13:16:47] Rado : it's 0.0001
[2016-12-12 13:16:51] Rado : how is this high
[2016-12-12 13:17:05] arbitrage001 : real company needs to convert to usd
[2016-12-12 13:17:08] Rado : you pay happily $25 for a bank wire
[2016-12-12 13:17:37] arbitrage001 : for international transaction, converting fee is even higher
[2016-12-12 13:17:56] arbitrage001 : fiat -> btc > local fiat
[2016-12-12 13:19:01] Rado : so you are saying that 8 cents or 0.08 USD is a high fee?
[2016-12-12 13:19:09] Rado : wow you have high standards
[2016-12-12 13:19:12] arbitrage001 : i am talking converting fee
[2016-12-12 13:19:28] Rado : if it wasn't for BTC you pay $100 to send $100 with Western Union
[2016-12-12 13:19:31] arbitrage001 : not btc to btc transaction fee
[2016-12-12 13:20:02] Rado : you can convert it on an exchange for 0.02% fee
[2016-12-12 13:20:15] Rado : or is it 0.2%
[2016-12-12 13:20:18] arbitrage001 : and how are you going to wire it back to the local bank?
[2016-12-12 13:21:16] Rado : for free
[2016-12-12 13:21:17] Rado : I just did this
[2016-12-12 13:21:54] Rado : https://www.quadrigacx.com/
[2016-12-12 13:22:01] Rado : this is Canadian exchange
[2016-12-12 13:22:11] Rado : it cost me 0 to get it to my bank account
[2016-12-12 13:22:23] arbitrage001 : not everyone lives in canada
[2016-12-12 13:22:24] Tetsuo : volatility, risk of BTC exchange collapsing, slippage, risk of bank block your bank account if you use BTC
[2016-12-12 13:23:03] Rado : you guys can keep trying to hold on to your old ways
[2016-12-12 13:23:24] arbitrage001 : i do things practically and efficiently
[2016-12-12 13:23:36] Tetsuo : credit cards will help me get my money back if i get scammed!
[2016-12-12 13:23:44] arbitrage001 : and using btc for payment is not viable at this stage
[2016-12-12 13:24:11] Tetsuo : ^as i said nothing has changed in the last 3 years for real world usage
[2016-12-12 13:24:30] Tetsuo : beside ponzi, gambling black market and usage for alt P&Ds
[2016-12-12 13:25:02] Rado : Tetsuo: tell that to BitPay
[2016-12-12 13:25:26] arbitrage001 : bitpay will eventually go bust
[2016-12-12 13:25:39] Tetsuo : how´s circle doin?
[2016-12-12 13:25:47] arbitrage001 : circle is goner
[2016-12-12 13:25:58] arbitrage001 : coinbase still losing money every year
[2016-12-12 13:32:21] REKT : Liquidated short on `XBTUSD`: Buy 87 @ 778.73
[2016-12-12 13:34:07] Mey : Tetsuo: "alt P&Ds"?
[2016-12-12 13:34:33] Mey : arbitrage001: BitPay is going so bad?
[2016-12-12 13:38:26] REKT : Liquidated short on `XBTUSD`: Buy 350 @ 779.13
[2016-12-12 13:39:31] arbitrage001 : Mey: i am saying bitpay business model do not work
[2016-12-12 13:42:10] j8 : their business model is accepting zero-conf transactions on your behalf, right
[2016-12-12 13:45:03] Mey : arbitrage001: what about it does not work?
[2016-12-12 13:45:07] arbitrage001 : j8: the fee part is too high when comparing to credit card
[2016-12-12 13:45:31] Mey : ouch.
[2016-12-12 13:45:49] Mey : wait, does zero-confirmation mean they need to take a credit risk and then price that in?
[2016-12-12 13:45:57] Mey : arbitrage001: rly?????? what are we talking??
[2016-12-12 13:46:44] j8 : 1% instead of 2-3 for cc's
[2016-12-12 13:46:52] Mey : arbitrage001: hey back to how to hedge USD against BTC
[2016-12-12 13:46:59] Mey : how exactly do aI do that =)
[2016-12-12 13:47:12] arbitrage001 : it is not 1% when you include other "fee"
[2016-12-12 13:47:26] arbitrage001 : could be converting fee plus misc
[2016-12-12 13:47:53] arbitrage001 : Mey: i am about to hit the bed
[2016-12-12 13:48:06] arbitrage001 : Mey: ask j8, he is super expert here
[2016-12-12 13:48:18] arbitrage001 : and making a lot of profit here
[2016-12-12 13:53:51] sleger : Mey: if you want to hedge your usd against btc, you only need to buy bitcoins with your usd
[2016-12-12 14:02:16] rapidtrades : sleger: can u believe this shit man?
[2016-12-12 14:02:26] sleger : shit ?
[2016-12-12 14:02:31] j8 : rapid caught short?
[2016-12-12 14:02:43] sleger : oh yes
[2016-12-12 14:02:59] sleger : dont fight the tren
[2016-12-12 14:03:01] sleger : d
[2016-12-12 14:05:06] rapidtrades : wtf is up wtih reddit? it keeps logging me out
[2016-12-12 14:05:13] rapidtrades : sleger: shut up sleger
[2016-12-12 14:06:17] sleger : rapidtrades: look at btcjpy, showing the way
[2016-12-12 14:06:35] rapidtrades : jpy doesn't matter
[2016-12-12 14:06:48] rapidtrades : japs are only buying cos their currency is going down the drain
[2016-12-12 14:06:58] sleger : so did chinese i thought ?
[2016-12-12 14:06:59] rapidtrades : they don't hold any special info
[2016-12-12 14:07:08] sleger : at least thats what i keep reading on this trollbox
[2016-12-12 14:07:11] rapidtrades : china has all the major exchanges and miners tho
[2016-12-12 14:07:25] rapidtrades : japan is nothing
[2016-12-12 14:07:40] sleger : they're big gamblers
[2016-12-12 14:09:33] j8 : guise this pump is obviously venezuelans buying
[2016-12-12 14:09:54] sleger : bitcoin is the only food left there
[2016-12-12 14:10:39] anonymous789 : still at 778
[2016-12-12 14:10:58] anonymous789 : bull flag forming, looks like i'm gonna get killed
[2016-12-12 14:12:19] bingbongfly : anonymous789: no, china is taking profits, we'll have a retrace to 720 - 740
[2016-12-12 14:12:49] anonymous789 : the sell volume isn't convincing enough for that i feel
[2016-12-12 14:13:18] sleger : its only going higher
[2016-12-12 14:14:18] anonymous789 : i deserve to get liquidated
[2016-12-12 14:14:49] thomaskikansha : stamp broke the June high
[2016-12-12 14:14:55] Tetsuo : so is "Pantera Capital" not injeting enough fresh money to keep Stamps business alive or why are they fundraising?
[2016-12-12 14:15:26] Rado : anonymous789: still short?
[2016-12-12 14:15:35] anonymous789 : Rado: holding until i get killed now
[2016-12-12 14:15:35] Rado : did you not close on teh dip?
[2016-12-12 14:15:42] Tetsuo : only the diehard remain
[2016-12-12 14:16:09] anonymous789 : Rado: nah, didn't really feel like a good time to close, bear flag was formin etc
[2016-12-12 14:16:40] anonymous789 : and this rally is completely baseless
[2016-12-12 14:16:43] anonymous789 : no fundamentals to support
[2016-12-12 14:16:48] Rado : ha ha
[2016-12-12 14:16:52] Rado : you are funny man
[2016-12-12 14:17:10] Rado : when BTC is at $900 you will be scratching your head
[2016-12-12 14:17:21] Rado : remember I told you it's going there
[2016-12-12 14:17:39] anonymous789 : if it goes straight there yeah, if it does what it should and corrects back to <740 i won't be scratching my head
[2016-12-12 14:18:08] Rado : BTC is not supposed to do anything
[2016-12-12 14:18:30] rapidtrades : it's gotta drop 20-25%
[2016-12-12 14:19:11] anonymous789 : price action should dictate sentiment, tell my why there is positive sentiment in bitcoin right now?
[2016-12-12 14:19:23] Rado : yes from $2000 to $1600
[2016-12-12 14:19:43] rapidtrades : sleger: what broker do u use for options
[2016-12-12 14:19:45] anonymous789 : segwit is not being accepted, network completely congested, ridiculous fees for even small transactions
[2016-12-12 14:19:52] anonymous789 : the fundamentals are totally shit
[2016-12-12 14:19:54] rapidtrades : +1
[2016-12-12 14:19:55] sleger : rapidtrades: interactive brokers
[2016-12-12 14:19:58] rapidtrades : bitcoin is dead
[2016-12-12 14:20:14] Rado : anonymous789: people buying BTC and applications being build on top of it it's at all time high
[2016-12-12 14:20:16] sleger : anonymous789: so something is in super high demand therefore its shit
[2016-12-12 14:20:18] sleger : ?
[2016-12-12 14:20:25] Rado : where do you measure your sentiment?
[2016-12-12 14:20:52] anonymous789 : how is bitcoin in super high demand?
[2016-12-12 14:21:06] anonymous789 : the india/venezuela etc buying up bitcoin is pure speculation
[2016-12-12 14:21:13] sleger : anonymous789: because blocks are full
[2016-12-12 14:21:21] anonymous789 : okay so blocks are full
[2016-12-12 14:21:25] anonymous789 : it's embarassing
[2016-12-12 14:21:26] bingbongfly : anonymous789: lbc has new record high every week, about 72m every month
[2016-12-12 14:21:29] anonymous789 : isn't that embarassing?
[2016-12-12 14:21:30] sleger : yes => high demand, high value
[2016-12-12 14:21:43] bingbongfly : anonymous789: people need to send money home, remittance, and dont forget the black market
[2016-12-12 14:21:58] sleger : no its not, its like that super hype night club where people wait in line, everyone wants to go there
[2016-12-12 14:21:58] bingbongfly : anonymous789: saying btc is not in high demand is fooling himself
[2016-12-12 14:22:05] anonymous789 : how are they sending money when it takes likek 15 years to send one transaction?
[2016-12-12 14:22:14] sleger : and then i show up and skip the line just because ;)
[2016-12-12 14:22:21] bingbongfly : anonymous789: well it doesnt take 15 years.
[2016-12-12 14:22:37] bingbongfly : anonymous789: it takes about 5 hours - 2 days depending on the fee you choose
[2016-12-12 14:22:37] sleger : never takes me more than 30 minutes to send a transaction
[2016-12-12 14:22:47] sleger : just skip the line ;)
[2016-12-12 14:22:48] anonymous789 : bingbongfly: lol and that's a good thing?
[2016-12-12 14:23:00] bingbongfly : anonymous789: No never said it was, but its better then any bank can offer
[2016-12-12 14:23:06] anonymous789 : sleger: sending million dollar worth of btc as fees per transaction doesn't count '_)
[2016-12-12 14:23:09] anonymous789 : ;)*
[2016-12-12 14:23:15] sleger : i send 0.0005
[2016-12-12 14:23:23] anonymous789 : sleger: sure
[2016-12-12 14:23:28] bingbongfly : anonymous789: it's high demand, btc has it's problems, big ones, but demand is not one of it
[2016-12-12 14:23:58] anonymous789 : bingbongfly: well not really, i can go into a store and buy a coffee with my debit card, and it's taken directly out of my bank and transferred to the other person's bank instantly for free on my side?
[2016-12-12 14:24:09] anonymous789 : i don't have to wait 5 hours for my coffee lol
[2016-12-12 14:24:14] sleger : it is not instant for them
[2016-12-12 14:24:20] anonymous789 : yes it is in the UK
[2016-12-12 14:24:29] bingbongfly : anonymous789: it's not instant, no it's just required zero confirmations
[2016-12-12 14:24:44] anonymous789 : because 0 confirmations is a secure network... really?
[2016-12-12 14:24:46] bingbongfly : anonymous789: you don't know how it works, that's all. But btc will never be used to buy coffe lol
[2016-12-12 14:25:02] sleger : not directly on the network
[2016-12-12 14:25:04] anonymous789 : not true, coffee shops accept bitcoin...
[2016-12-12 14:25:18] bingbongfly : anonymous789: yes, but it takes like 5 hours, so who would buy coffe xD
[2016-12-12 14:25:21] anonymous789 : sleger: you talking about settlement?
[2016-12-12 14:25:31] anonymous789 : bingbongfly: haha
[2016-12-12 14:25:49] sleger : im saying bitcoin will not be used to buy coffee on the blockchain directly, on sidechains maybe
[2016-12-12 14:26:03] anonymous789 : segwit is not even being accepted
[2016-12-12 14:26:03] bingbongfly : sleger: +1, anon 789 is just a bit dull
[2016-12-12 14:26:16] anonymous789 : nothing happens on btc
[2016-12-12 14:26:24] anonymous789 : like nothing, no one can ever come to concensus about anything
[2016-12-12 14:26:28] sleger : anonymous789: well then you will be happy in your short
[2016-12-12 14:26:34] sleger : short more
[2016-12-12 14:26:43] anonymous789 : i am happy in my short until it gets to like 800 then i won't be haha
[2016-12-12 14:26:49] bingbongfly : anonymous789: agreed, it's a huge problem. However I think btc can go up in value DESPITE the fact they can't agree to anything
[2016-12-12 14:26:50] anonymous789 : oh i would, if i could haha
[2016-12-12 14:27:06] anonymous789 : IMO, this is all FOMO
[2016-12-12 14:27:21] anonymous789 : and fundamentally baseless
[2016-12-12 14:27:22] bingbongfly : anonymous789: the demand outweighs the problems btc has, imo this is all organic growth. not fomo
[2016-12-12 14:27:33] sleger : fomo doesnt look like that
[2016-12-12 14:27:36] Rado : anonymous789: so you will be happy until tomorrow
[2016-12-12 14:27:51] anonymous789 : when people come on trollbox asking how they can buy btc or sell it because they don't know how to use an exchange
[2016-12-12 14:27:52] anonymous789 : i call that fomo
[2016-12-12 14:28:13] anonymous789 : i've seen at least 2 people on troll box asking how do i do shit on this website
[2016-12-12 14:28:23] sleger : i call that being a newb
[2016-12-12 14:28:35] anonymous789 : one of their friends clearly said to them "oh btc is at 780 dollars, you should buy some", FOMO!!!
[2016-12-12 14:28:46] anonymous789 : beacuse they didn't buy at 450
[2016-12-12 14:28:47] anonymous789 : or whatever
[2016-12-12 14:28:49] rapidtrades : sleger: IB is one of the worst platforms ive used
[2016-12-12 14:28:57] sleger : it is the best by far
[2016-12-12 14:29:06] sleger : but it is for the more educated traders
[2016-12-12 14:29:08] sleger : sorry...
[2016-12-12 14:29:12] rapidtrades : its shit
[2016-12-12 14:29:13] sleger : they wont help users
[2016-12-12 14:29:21] Tetsuo : no trollbox?
[2016-12-12 14:29:26] sleger : but for pro its the only one worth using
[2016-12-12 14:29:32] sleger : no trollbox sorry
[2016-12-12 14:29:47] anonymous789 : baseless rally, the phrase of the month
[2016-12-12 14:29:55] rapidtrades : it's not about help, it should be intuitive to use
[2016-12-12 14:30:09] sleger : rapidtrades: its about functionality
[2016-12-12 14:30:16] sleger : its not meant to be intuitive / easy
[2016-12-12 14:30:23] sleger : just like bloomberg
[2016-12-12 14:30:25] rapidtrades : so u agree its shit
[2016-12-12 14:30:31] sleger : no
[2016-12-12 14:30:40] anonymous789 : rapidtrades: sleger thinks he's better than you
[2016-12-12 14:30:58] rapidtrades : sleger thinks he's better then everyone here :)
[2016-12-12 14:31:09] anonymous789 : j8 one-ups him?
[2016-12-12 14:31:32] j8 : hey don't bring me into this
[2016-12-12 14:31:40] anonymous789 : j8: :D
[2016-12-12 14:31:40] rapidtrades : sleger: you use TWS?
[2016-12-12 14:31:46] sleger : yes
[2016-12-12 14:32:01] anonymous789 : eth rallying
[2016-12-12 14:32:12] anonymous789 : now that's a crypto with some fundamentals
[2016-12-12 14:32:26] sleger : hey you
[2016-12-12 14:32:31] sleger : 're not completely stupid
[2016-12-12 14:32:57] anonymous789 : sleger: well if i am, and i support eth, then you should be worried about your investment ;)
[2016-12-12 14:33:13] sleger : yes but i didnt say you were
[2016-12-12 14:33:27] anonymous789 : you said i'm not completely stupid, that means i'm a little bit stupid?
[2016-12-12 14:33:46] sleger : based on all the info i have so far, it seems likely
[2016-12-12 14:33:51] sleger : but not 100% sure
[2016-12-12 14:33:58] anonymous789 : do you really mean stupid or do you mean crazy?
[2016-12-12 14:34:16] sleger : i dont have enough information to assume you are crazy
[2016-12-12 14:35:22] anonymous789 : oh so i'm stupid for shorting btc at these levels?
[2016-12-12 14:35:36] sleger : not that no, the way you talk in general
[2016-12-12 14:35:43] sleger : im anonymous im legion blabla
[2016-12-12 14:35:50] anonymous789 : i am anonymous
[2016-12-12 14:35:53] anonymous789 : i am legion
[2016-12-12 14:35:55] anonymous789 : expect me
[2016-12-12 14:36:27] sleger : i doubt you cant even hack a simple html website
[2016-12-12 14:36:44] sleger : or anyone on open wifi
[2016-12-12 14:36:54] rapidtrades : Call has been price capped to 0.71 to avoid an execution of your order at a price that is not consistent with a fair and orderly market.
[2016-12-12 14:37:02] rapidtrades : wtf is this cap shit
[2016-12-12 14:37:17] anonymous789 : anonymous is anyone and everyone, we are all anonymous, not just hackers
[2016-12-12 14:37:32] anonymous789 : i think you'll find the hacking groups are actually subsets of anonymous i.e. lulzsec
[2016-12-12 14:37:49] anonymous789 : and btw i'm a security point of contact and software developer at oracle, i know how to hack stuff ;)
[2016-12-12 14:37:56] j8 : rapidtrades: maybe don't manipulate the market? :)
[2016-12-12 14:38:25] sleger : anonymous789: oracle, their DB product ?
[2016-12-12 14:38:37] rapidtrades : j8: ur right i could go to jail
[2016-12-12 14:38:50] rapidtrades : SEC will be all over my ass any second now
[2016-12-12 14:38:51] anonymous789 : no, oracle as in the company that is worth over 350 billion dollars and has over 120000 worldwide employees oracle
[2016-12-12 14:39:07] sleger : anonymous789: yes, but which product of oracle do you work for ?
[2016-12-12 14:39:17] anonymous789 : i work for the retail GBU
[2016-12-12 14:39:22] j8 : cops will find you in your mom's basement like sarao @rapidtrades
[2016-12-12 14:39:37] sleger : anonymous789: btw oracle has 170bn market cap
[2016-12-12 14:39:51] rapidtrades : i wish i was in my mom's basement, i would save so much $$$
[2016-12-12 14:40:10] anonymous789 : sleger: i'll go by my figures
[2016-12-12 14:40:26] sleger : i mean its not up for debate
[2016-12-12 14:40:33] sleger : the price per share is 40.5
[2016-12-12 14:40:34] anonymous789 : well i'm debating it
[2016-12-12 14:40:44] sleger : it is what it is, and it is 170bn
[2016-12-12 14:40:53] anonymous789 : still more than you're worth
[2016-12-12 14:40:53] bingbongfly : look at this buy wall at xbt :d
[2016-12-12 14:41:05] anonymous789 : bingbongfly: eat it