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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-12-23 08:29:30] ett1 : and bitcoin price [2016-12-23 08:29:46] deeprocks : if india starts using bitcoin as currency how do u think gov will collect taxes? [2016-12-23 08:29:59] ett1 : not good for diplomatic relations, thats why theyres so much bad PR about him [2016-12-23 08:30:42] ett1 : deeprocks: modi doesnt care about taxes, or the state. hes an anarchist, just using whatever tool is necessary [2016-12-23 08:30:48] l3f : https://news.ycombinator.com/item?id=13241668 [2016-12-23 08:30:49] l3f : made it onto HN [2016-12-23 08:31:02] l3f : 1. fringe social media goal hit [2016-12-23 08:31:13] narnarfromnarnia : l3f: what are you thinking consolidate back down from here? [2016-12-23 08:31:21] narnarfromnarnia : sub 900 [2016-12-23 08:31:30] l3f : narnarfromnarnia: this a pump if it retrace you stop loss and gtfo [2016-12-23 08:31:39] ett1 : l3f: fringe social meda goal? [2016-12-23 08:31:58] l3f : i.e. HN, /r/bitcoin etc [2016-12-23 08:32:06] l3f : then you'll hit the more popular subreddits [2016-12-23 08:32:08] l3f : main stream media [2016-12-23 08:32:11] l3f : facebook [2016-12-23 08:32:17] l3f : and then it's time to get out [2016-12-23 08:32:26] ett1 : thats been going on for a few years tho [2016-12-23 08:32:36] l3f : I meant news about the pump [2016-12-23 08:32:43] l3f : once it hits 1k we'll see some serious shit [2016-12-23 08:32:47] l3f : then it becomes 100% risk [2016-12-23 08:32:50] narnarfromnarnia : l3f: where did you set SL? [2016-12-23 08:33:22] brouk : l3f: yeah i'm seeing news on local mainstream media here in my country about bitcoin pumping [2016-12-23 08:33:26] anonymous789 : When bitcoin is worth more than gold and stays above it that's when bitcoin will really get some spotlight [2016-12-23 08:33:29] ett1 : l3f: ah ok ye. once it breaks $1000 thats a big headline [2016-12-23 08:33:35] l3f : when ever I check I set it on -5 to -10 [2016-12-23 08:33:42] ett1 : i think everyone knows that so its going to break past $1000 [2016-12-23 08:33:46] l3f : -10-15 on H17 [2016-12-23 08:34:03] l3f : but now all the whales know how to shake me out [2016-12-23 08:34:06] l3f : oops [2016-12-23 08:34:26] l3f : brouk: what country? [2016-12-23 08:34:46] brouk : l3f: central europe [2016-12-23 08:35:00] Gomezpl : brouk me to:) [2016-12-23 08:35:00] l3f : germany? [2016-12-23 08:35:06] Gomezpl : germany s west;p [2016-12-23 08:35:24] ett1 : central = eastern europe lol [2016-12-23 08:35:31] brouk : l3f: nope, i dont wanna be specific because i might be a little paranoid [2016-12-23 08:35:51] brouk : l3f: point is, there was hardly ever any news about btc in the past years [2016-12-23 08:35:56] lockhedge : "Bitcoin headed for its biggest weekly jump since June as rising geopolitical risks boosted demand for alternative assets." Bloomberg, 1h ago https://www.bloomberg.com/news/articles/2016-12-23/bitcoin-surges-above-900-on-geopolitical-risks-fed-tightening [2016-12-23 08:36:03] Gomezpl : true in my country too [2016-12-23 08:36:17] Gomezpl : i think we get a little corection tommorow because of christmas and then above 1000 easy [2016-12-23 08:36:21] l3f : yeah forbes was already onit last week I think [2016-12-23 08:36:49] l3f : https://www.theguardian.com/business/2016/dec/22/bitcoin-circulation-hits-record-high-of-14bn [2016-12-23 08:36:52] l3f : haha nice [2016-12-23 08:37:21] deeprocks : anyone mind telling me how the mark price for xbt is found? [2016-12-23 08:37:26] rapidtrades : abive $1000 easy he said [2016-12-23 08:37:37] brouk : deeprocks: click on it [2016-12-23 08:37:38] rapidtrades : it can't retrace they said [2016-12-23 08:37:42] l3f : rapidtrades: sleger needs that 5th yacht [2016-12-23 08:37:50] l3f : rapidtrades: you gotta let him have his way [2016-12-23 08:38:07] l3f : +8% move and then -1% and it's a retrace? [2016-12-23 08:38:57] l3f : btw the opinions expressed as solely my own and I'm dead wrong 50% of the time [2016-12-23 08:39:03] ett1 : rapidtrades: https://cdn.meme.am/cache/instances/folder60/500x/74168060.jpg [2016-12-23 08:40:21] rapidtrades : it's too late for a retracement now, it will be a V crash when it happens [2016-12-23 08:41:52] Gomezpl : so you think rapid no corection on christmas? [2016-12-23 08:42:00] Gomezpl : it was every year [2016-12-23 08:42:24] ett1 : 5 years of data. creat conclusions [2016-12-23 08:42:48] rapidtrades : there are too many ppl buying every dip, it can't be sustained [2016-12-23 08:43:04] Gomezpl : true [2016-12-23 08:43:09] Gomezpl : the hype is very high [2016-12-23 08:43:11] rapidtrades : they're doing it on heavy margin [2016-12-23 08:43:13] l3f : rapidtrades: somebody will bag hold til the end [2016-12-23 08:43:14] ett1 : if it fell on the 17 may, 5 years in a row. sell on that day? [2016-12-23 08:43:16] l3f : just don't be that guy [2016-12-23 08:43:16] thomaskikansha : either sideway or up [2016-12-23 08:43:19] thomaskikansha : atm [2016-12-23 08:43:26] rapidtrades : cos ppl are idiots they just do what worked best recently [2016-12-23 08:43:36] Gomezpl : i now that from even facebook post, all the people who investet in shit ponzi systems now buy bitcoin! [2016-12-23 08:43:51] ett1 : the real idiots are the ones that keep doing what hasnt worked recently [2016-12-23 08:44:03] rapidtrades : so when correction happens it will turn into a rout as it margins nearly everyone [2016-12-23 08:45:01] Gomezpl : or it never happened, because it should happenede 150 dolars ago [2016-12-23 08:45:04] marinomedia : Is there a way to open and close market positions without CONFIRM BUTTON? [2016-12-23 08:45:24] ett1 : nice theory, but the market doesnt care about individual traders margin calls. its just a tiny part of the puzzle [2016-12-23 08:45:25] rapidtrades : check don't show again? [2016-12-23 08:45:31] CaptainDean : marinomedia: yes your settings [2016-12-23 08:45:37] CaptainDean : marinomedia: in your settings [2016-12-23 08:46:02] marinomedia : Site preferences? [2016-12-23 08:46:03] rapidtrades : ett1: it's not a theory, ppl here have the memory of a gold fish [2016-12-23 08:46:11] ett1 : just because were 10x or 25x levered doesnt mean the market is going to dip 5% or 10% to surely hunt those [2016-12-23 08:46:26] ett1 : it is driven by bigger forces [2016-12-23 08:46:50] rapidtrades : noone is gonna 'hunt' them....but those margin calls will turn a natural retracement into crash [2016-12-23 08:47:00] CaptainDean : marinomedia: yes then Confirmation Dialogs section [2016-12-23 08:47:14] marinomedia : thanks :) [2016-12-23 08:47:16] l3f : rapidtrades: of course it'll crash [2016-12-23 08:47:39] ett1 : might aswell short now. the crash is coming [2016-12-23 08:47:55] l3f : ett1: I know this is a going to be a meme but one day [2016-12-23 08:48:16] anonymous789 : tbh this just looks like a breakout on the weekly chart, i feel we have at least 2 more weekly periods to the upside to go before we seriously consider a retrace/crash, or that resistance at 960ish does it [2016-12-23 08:48:17] ett1 : even if it goes to 1000 (lol), 20% will bring us down to 800 [2016-12-23 08:48:41] Gomezpl : more than 2 days ago;p [2016-12-23 08:49:29] l3f : from here to 1k is only 11% [2016-12-23 08:49:32] rapidtrades : ETH getting crushed today [2016-12-23 08:49:32] anonymous789 : look at the weekly its just a big breakout going above major resistance at 780 [2016-12-23 08:49:45] anonymous789 : i really don't see it crashing yet [2016-12-23 08:50:04] ett1 : l3f: where are the billions going to come from [2016-12-23 08:50:10] thomaskikansha : we should attempt 1K before any retrace [2016-12-23 08:50:42] l3f : ett1: bag holders [2016-12-23 08:51:01] l3f : price moves up 1 dollar 10 bag holders tap the market buy button [2016-12-23 08:52:19] rapidtrades : *on margin [2016-12-23 08:52:27] l3f : on 100x [2016-12-23 08:55:27] ett1 : 900 support? [2016-12-23 08:55:52] REKT : Liquidated long on `XBTUSD`: sell 350 @ 902.12 [2016-12-23 08:55:52] REKT : Liquidated long on `XBTUSD`: sell 1200 @ 902.15 [2016-12-23 08:56:34] rapidtrades : http://www.zerohedge.com/news/2016-12-22/china-shocked-navarro-appointment-trump-team-proposed-10-import-tariff [2016-12-23 08:56:52] rapidtrades : Well there goes China, soon they won't have $$$ to buy shit [2016-12-23 08:56:56] rapidtrades : problem solved [2016-12-23 08:57:11] micmix : they will print more, don't worry [2016-12-23 08:57:26] REKT : Liquidated long on `XBTUSD`: sell 111000 @ 901.33 **EPIC REKT** :unamused: :confounded: :astonished: [2016-12-23 08:57:29] micmix : just buy bitcoin and be happy [2016-12-23 08:57:34] l3f : micmix: they'll just sell more treasuries [2016-12-23 08:57:40] micmix : like that guy^^^ [2016-12-23 08:57:47] Gomezpl : nice rekt [2016-12-23 08:57:54] Gomezpl : congratulations [2016-12-23 08:58:16] l3f : here comes the pain train [2016-12-23 08:58:22] thomaskikansha : bearstamp [2016-12-23 08:58:30] l3f : send it to zero bear steamp [2016-12-23 08:59:12] rapidtrades : GUYS IT'S A DIP, YOU KNOW WHAT TO DO [2016-12-23 08:59:21] ett1 : this will be carnage [2016-12-23 08:59:33] l3f : rapidtrades: panic dump? [2016-12-23 08:59:44] ett1 : if you dont BTFD! [2016-12-23 08:59:56] rapidtrades : ett1: you just don't understand the new paradigm grandpas [2016-12-23 08:59:58] l3f : won't mind a nice panic dump actually [2016-12-23 09:00:10] anonymous789 : bearstamp sells off, meanwhile in china, goes up 2 cny :D [2016-12-23 09:00:10] brouk : l3f: me too [2016-12-23 09:00:38] ett1 : move coins to bearstamp. theyre still cheap [2016-12-23 09:00:41] shery : its a dip, its a trap, dont fall for it , [2016-12-23 09:01:04] rapidtrades : btc-e only at 19 discount [2016-12-23 09:01:16] mariomarco : 880 here we come [2016-12-23 09:01:18] rapidtrades : everyone is screaming this rally is BULL**** [2016-12-23 09:01:29] ett1 : anything below 900 is a bargain [2016-12-23 09:01:48] ett1 : bitcoin could go to infinite heights [2016-12-23 09:02:22] rapidtrades : barely $1 premium on okc weekly [2016-12-23 09:02:29] ett1 : they wont be at 898 for long [2016-12-23 09:02:35] rapidtrades : those ths look like rally brah? [2016-12-23 09:02:57] rapidtrades : I had to buy at $4 premiums when we went up $30 [2016-12-23 09:03:04] thomaskikansha : okc quarterly had lower premium throughout the pump [2016-12-23 09:03:06] rapidtrades : now we're up $150 and premium is $1? [2016-12-23 09:03:12] rapidtrades : and u don't think that's funny [2016-12-23 09:03:22] rapidtrades : funny as in thats' weird not funny as in haha [2016-12-23 09:03:41] j8 : i think it's hilarious [2016-12-23 09:03:42] micmix : just buy cheapo coins, don't think too hard ;-) [2016-12-23 09:04:03] j8 : yep [2016-12-23 09:04:14] rapidtrades : ok [2016-12-23 09:04:45] ett1 : whos selling below 900 [2016-12-23 09:04:59] ett1 : fools [2016-12-23 09:05:17] micmix : China just printed some more coins, they are selling [2016-12-23 09:05:44] ett1 : oh yeah the miners [2016-12-23 09:05:46] ett1 : short sighted idiots [2016-12-23 09:06:01] ett1 : why mine in 2011, you should just buy coins for a few bucks [2016-12-23 09:06:20] ett1 : why mine in 2017, you can just buy coins for a few grand [2016-12-23 09:06:34] ett1 : miners have flawed logic [2016-12-23 09:08:21] micmix : but I'm a bit upset, before this rally one coin was $1000 CAD, it was so easy [2016-12-23 09:09:00] micmix : needs to go to $1000 USD or back down to $1000 CAD. I can't do $1200 or $900 in my head [2016-12-23 09:09:09] brouk : micmix: you should not be upset, dont trade with emotions [2016-12-23 09:09:22] micmix : I'm not trading, I'm here for chat [2016-12-23 09:09:31] brouk : micmix: ok you can be upset then [2016-12-23 09:09:32] l3f : he's the popcorn man [2016-12-23 09:09:57] Gomezpl : there is always have to be a popcorn man [2016-12-23 09:10:14] j8 : micmix: i think we touched ATH in cad today [2016-12-23 09:10:36] micmix : on quadriga? [2016-12-23 09:10:57] j8 : quadriga wasn't around for 2013, so it's been hitting highs for a while [2016-12-23 09:11:38] j8 : at least i didn't find charts that far back [2016-12-23 09:11:54] micmix : we had cavirtex in 2013, right? it was so long ago, I don't really remember [2016-12-23 09:13:03] j8 : yep they were basically the only one [2016-12-23 09:13:09] CaptainDean : yeah cavirtex has been bought by kraken [2016-12-23 09:13:30] CaptainDean : i just sold a coin, usign quadriga [2016-12-23 09:13:37] j8 : topped legitimately at 1182, but there was a wick a week later to 1400 [2016-12-23 09:13:51] CaptainDean : going ot bed [2016-12-23 09:13:54] CaptainDean : night guys [2016-12-23 09:14:12] Gomezpl : night? [2016-12-23 09:14:14] Gomezpl : it 10 am;p [2016-12-23 09:14:23] CaptainDean : 4 am here ;-) [2016-12-23 09:14:29] j8 : i looked at bitstamp's high a converted to cad at the time, and got 1250 or so [2016-12-23 09:14:30] Gomezpl : ;p [2016-12-23 09:14:31] anonymous789 : stamp has a small retrace meanwhile china doesn't care lol [2016-12-23 09:18:19] micmix : quadriga at 1247, not too bad. maybe I should sell some coins [2016-12-23 09:19:12] j8 : better get there before i do [2016-12-23 09:19:53] ett1 : stamp back to where china was [2016-12-23 09:20:25] KingTuna : hmmm LEt's say you guys close your positions and want to convert to USD, because you think BTC is going to crash big league, how do you do this in a hurry fro here? [2016-12-23 09:20:36] ett1 : -1x short [2016-12-23 09:20:49] ett1 : is the same as having USD / no BTC position [2016-12-23 09:21:00] micmix : j8: that's ok, I sold a bunch last week [2016-12-23 09:21:12] KingTuna : ett1: Really? I had no idea [2016-12-23 09:21:13] CaptainDean : micmix: i sold one at 2140 ;-) [2016-12-23 09:21:15] immackay : I go away for a few hours and this is what happens? [2016-12-23 09:21:17] CaptainDean : 1240*** [2016-12-23 09:21:22] immackay : Jesus [2016-12-23 09:21:28] ett1 : KingTuna: any youll earn intersest [2016-12-23 09:21:29] j8 : yeah, i just sold like 2 days ago too @micmix [2016-12-23 09:21:33] micmix : CaptainDean: nice [2016-12-23 09:21:46] ett1 : and you could keep 90% of your money in you rwallet and only 10% here with a -10x short [2016-12-23 09:21:48] KingTuna : ett1: But isn't that banking on BTC going down? [2016-12-23 09:21:54] KingTuna : And yes i know its a short [2016-12-23 09:21:55] ett1 : if you get bitmexxed, you only lose 10% [2016-12-23 09:22:17] ett1 : KingTuna: well, i suppose you want to be flat when you think it will fall [2016-12-23 09:22:32] ett1 : but its the same as having USD [2016-12-23 09:22:34] KingTuna : Or wait for your 1 x daily withdrawal to BTC-E to check to USD [2016-12-23 09:22:40] KingTuna : change* [2016-12-23 09:22:42] ett1 : say i have 1btc here [2016-12-23 09:22:50] KingTuna : But unless it is too late by the time it is sent over [2016-12-23 09:22:54] ett1 : if i short 904 contracts [2016-12-23 09:23:02] ett1 : ill have 900 USD [2016-12-23 09:23:07] ett1 : wherever the market goes [2016-12-23 09:23:40] ett1 : if it goes to 1000. the short would have lost 10%, but yout BTC is worth 10% more [2016-12-23 09:23:42] KingTuna : On 1x leverage.. sweet [2016-12-23 09:23:49] ett1 : so youve still got 900 USD [2016-12-23 09:23:55] KingTuna : right. makes sense [2016-12-23 09:24:23] ett1 : they should maybe add a hedge button to make it simple [2016-12-23 09:24:38] ett1 : but i was really happy when i worked it out [2016-12-23 09:25:03] KingTuna : ett1: so essentially either direction, it cancels the other out? [2016-12-23 09:25:17] ett1 : yes, you are hedged [2016-12-23 09:25:18] micmix : ett1: most likely you'll have to pay funding in bitcoin down market. you'll be better off doing it on far future [2016-12-23 09:25:30] ett1 : normally the finding rate is negative, so youll get paid by havin gth eshort on [2016-12-23 09:25:49] ett1 : you should profit slightly, but when you are long, you lose on the funding so it balances out [2016-12-23 09:26:01] KingTuna : sweet! I learn stuff [2016-12-23 09:26:32] ett1 : like if you had a startegy with no leverage. youd either just buy all in BTC, or sell everything and hold cash [2016-12-23 09:26:58] ett1 : On here, you switch from having no position (long btc) to -1x short position (cash) [2016-12-23 09:27:10] ett1 : >1x is making money on the short [2016-12-23 09:27:35] ett1 : sorry like 1.5x or 2x will make money when i goes down [2016-12-23 09:28:00] ett1 : 0.5x would still lose money when the market falls, youd just be losing at half the rate [2016-12-23 09:28:42] KingTuna : But 1 x short either way, If BTC goes up, I make on BTC, lose on fiat, so essentially I'm zero net position other than funding differential? [2016-12-23 09:28:57] thomaskikansha : 3000BTC ask wall on ETH [2016-12-23 09:28:59] ett1 : yes [2016-12-23 09:29:53] ett1 : when you sold the short and end up being long BTC whats in your wallet [2016-12-23 09:30:04] nOgAnOo : I'm up 400% now [2016-12-23 09:30:10] nOgAnOo : 175 dollars. [2016-12-23 09:30:15] ett1 : if you wanted to bet on it falling, youd need to short -1.5x or more for example [2016-12-23 09:30:20] nOgAnOo : Chalk it up to beginners luck. :) [2016-12-23 09:30:50] KingTuna : ett1: Perfect = Ill think about that one at a later stage :) [2016-12-23 09:30:56] ett1 : nOgAnOo: it was skill if you bought near 800 [2016-12-23 09:31:18] nOgAnOo : I've been scalping up and down for 3 hours [2016-12-23 09:31:45] ett1 : KingTuna: just dont think you profit if the market falls, with only a 0.5x short or something (half the value of your account balance) [2016-12-23 09:31:57] ett1 : thats all i wanted to add [2016-12-23 09:32:58] ett1 : -2x short would make you earn 10% when BTC fell 10% [2016-12-23 09:33:31] l3f : https://www.tradingview.com/chart/BTCUSD/hPm3x8NS-this-is-gonna-get-so-much-hate/ [2016-12-23 09:33:32] l3f : fucking lol [2016-12-23 09:33:47] ett1 : nOgAnOo: that works till theres another spike [2016-12-23 09:33:53] ett1 : and your caught in the wrong direction [2016-12-23 09:34:04] ett1 : trade longer term [2016-12-23 09:34:11] ett1 : not 5min candles [2016-12-23 09:34:34] KingTuna : ett1: Oh so 0.5x would be similar to a long? Or [2016-12-23 09:34:40] KingTuna : Sorry reading back.. [2016-12-23 09:34:50] nOgAnOo : yeah I'm making another account for long term trades [2016-12-23 09:34:55] nOgAnOo : I just really enjoy scalping [2016-12-23 09:34:58] ett1 : yes, youd profit half as much if BTC rises, and lose half as much if it falls [2016-12-23 09:35:29] ett1 : with a -0.5x short [2016-12-23 09:35:44] ett1 : like if you had 1btc and you shorted 450 contracts [2016-12-23 09:36:22] ett1 : if btc went down 10%, your balance would be down 5% [2016-12-23 09:36:39] KingTuna : Some good strategies to play there ett1 [2016-12-23 09:37:14] ett1 : its like selling 50% of your BTC position [2016-12-23 09:38:35] ett1 : good to understand the numbers so you have an intuitive idea of the risk / pnl [2016-12-23 09:39:23] KingTuna : ett1: Thans for your help on this :) [2016-12-23 09:43:48] nOgAnOo : I love you all. [2016-12-23 09:51:35] REKT : Liquidated long on `XBTUSD`: sell 23300 @ 898.50 [2016-12-23 09:51:46] nOgAnOo : :( [2016-12-23 09:52:43] l3f : https://www.reddit.com/r/Bitcoin/comments/5juvef/fellow_cult_members_preparations_must_be_made_for [2016-12-23 09:53:19] CaptainDean : China still @ 922 [2016-12-23 09:53:37] CaptainDean : bitstamp going down [2016-12-23 09:53:49] shery : stap dumpin china holding , whats this [2016-12-23 09:54:00] elmorte : What API do you guys use to get the forex rates @j8 @micmix @lockhedge ? [2016-12-23 09:54:04] l3f : imb4 panic dump [2016-12-23 09:54:17] l3f : dump to to zero bitstamp [2016-12-23 09:54:19] l3f : I'm waiting [2016-12-23 09:54:27] ett1 : 20% retrace [2016-12-23 09:54:28] thomaskikansha : 892 stamp [2016-12-23 09:54:30] rustiv : btc long x50 ALL IN [2016-12-23 09:54:32] anonymous789 : bearstamp is just playing its own game [2016-12-23 09:54:38] l3f : ett1: 20% retrace [2016-12-23 09:54:43] anonymous789 : nothing happening in china [2016-12-23 09:55:10] shery : thomaskikansha: 897.5 [2016-12-23 09:55:39] anonymous789 : china hourly looks like a stable bull flag [2016-12-23 09:55:39] lockhedge : elmorte: currently none, used to scrape real-time rates from sites like yahoo [2016-12-23 09:55:56] elmorte : you mean parse the HTML? [2016-12-23 09:56:53] lockhedge : yes and/or connect to their websocket [2016-12-23 09:56:55] l3f : you know it's manpulation when it's a descending triangle and the price shoots out the top [2016-12-23 09:57:21] l3f : and it is definitely a descending triangle 6 hours ago, if you were a TA guy you'd be like 100x short on this [2016-12-23 09:57:28] l3f : then whales come in and bust it upside [2016-12-23 09:57:31] l3f : and you're like shit [2016-12-23 09:57:58] elmorte : lockhedge: ah, ok, websocket. Cheers [2016-12-23 09:58:39] immackay : l3f: yeah, someone is manipulating the hell out of this [2016-12-23 09:58:55] shery : l3f: you said last night that stamp iniates the pump and china follows it right?? [2016-12-23 10:00:21] l3f : shery: Yeah I said that [2016-12-23 10:00:36] l3f : but you know, I'm retarded [2016-12-23 10:00:42] l3f : so don't trust me [2016-12-23 10:01:00] l3f : that move could easily have been china pushing up [2016-12-23 10:01:08] l3f : while it happens to look bad on bitstamp [2016-12-23 10:01:15] shery : l3f: stamp dumped, a while ago and china did opposite now stamp following this mini rise? am i right? is it stamp following china or china followingg stamp [2016-12-23 10:01:28] l3f : nfi bro [2016-12-23 10:01:32] l3f : it's not that important [2016-12-23 10:02:01] l3f : whichever one pumps first the fomo hits and the other one goes up [2016-12-23 10:02:09] l3f : stamp is easier to move because low volume [2016-12-23 10:02:52] anonymous789 : l3f: the descending triangle was in an uptrend, breaking up was obvious, it's ultimately a continuation pattern [2016-12-23 10:03:19] anonymous789 : i literally went long as soon as i saw that [2016-12-23 10:03:22] l3f : anonymous789: lol no [2016-12-23 10:03:24] shery : l3f: I strongly disagree west follows china , its all in hand of chinese [2016-12-23 10:03:24] anonymous789 : and went to sleep [2016-12-23 10:03:48] anonymous789 : dude, a descending triangle in an uptrend will break up [2016-12-23 10:03:48] l3f : anonymous789: can you source that? [2016-12-23 10:03:58] l3f : because that can't be right [2016-12-23 10:04:01] immackay : anonymous789: that's bullshit lol [2016-12-23 10:04:15] anonymous789 : lol [2016-12-23 10:04:18] ett1 : shery: west decide to buy/sell, chinese just copy [2016-12-23 10:04:29] anonymous789 : i don't need to convince you guys [2016-12-23 10:05:00] anonymous789 : a descending triangle behaves like a falling wedge in an uptrend [2016-12-23 10:05:07] anonymous789 : just do some TA on any chart [2016-12-23 10:05:10] elmorte : ett1: https://www.toptal.com/angular-js/a-step-by-step-guide-to-your-first-angularjs-app [2016-12-23 10:05:18] elmorte : Does it run locally in the browser? [2016-12-23 10:05:26] ett1 : yes [2016-12-23 10:05:33] elmorte : Sweeet [2016-12-23 10:05:35] ett1 : just localhost:8000 i think [2016-12-23 10:05:59] ett1 : the one thing this tutorial misses is to add bootstrap for CSS [2016-12-23 10:06:28] ett1 : its 1 line of code <script></>script> [2016-12-23 10:06:45] ett1 : its already an included module if you follow the instructions [2016-12-23 10:07:02] ett1 : but that makes things look nicer [2016-12-23 10:07:38] ett1 : i think angularJS and python can work together [2016-12-23 10:07:54] immackay : anonymous789: it wasn't even a descending triangle, it was a symmetrical triangle, which suggests it would follow the trend [2016-12-23 10:07:54] ett1 : angularjs is front end and nodejs or python would be the backend [2016-12-23 10:08:09] anonymous789 : immackay: i didn't say it was [2016-12-23 10:08:14] anonymous789 : immackay: l3f said it was [2016-12-23 10:08:14] ett1 : but you can do everything front end if its simple working with APIs [2016-12-23 10:08:25] immackay : anonymous789: oh well then he was mistaken [2016-12-23 10:08:31] anonymous789 : immackay: my exact words last night was bull flag + falling wedge [2016-12-23 10:09:00] ett1 : ye flags and triangles are the only good chart patterns worth following [2016-12-23 10:09:16] ett1 : its because they indicate a continuation of a breakout move [2016-12-23 10:09:34] ett1 : after it takes a bit of a rest [2016-12-23 10:10:12] l3f : https://www.tothetick.com/bull-descending-triangle [2016-12-23 10:10:22] wurstgelee : anonymous789: see? :p [2016-12-23 10:10:22] l3f : anonymous789: ok there are some evidence [2016-12-23 10:10:33] anonymous789 : wurstgelee: was i right wurst? [2016-12-23 10:10:42] wurstgelee : we both were i guess ;) [2016-12-23 10:10:48] anonymous789 : wurstgelee: hehe [2016-12-23 10:11:07] anonymous789 : l3f: yeah in an uptrend a descending triangle behaves bullish [2016-12-23 10:11:29] anonymous789 : it's a continuation pattern first and foremost [2016-12-23 10:11:34] anonymous789 : you certainly wouldn't look to short [2016-12-23 10:11:41] anonymous789 : if you were in an uptrend [2016-12-23 10:11:42] ett1 : i think all triangle in an uptrend = bullish [2016-12-23 10:12:00] ett1 : doesnt matter if ascending, desending or symetric [2016-12-23 10:12:03] anonymous789 : wurstgelee: yeah i woke up this morning pretty happy haha [2016-12-23 10:12:07] ett1 : and bull flags are another classic [2016-12-23 10:12:11] ett1 : penants [2016-12-23 10:12:17] ett1 : its all the same pattern [2016-12-23 10:12:44] ett1 : continuation [2016-12-23 10:12:53] wurstgelee : seriously, fuck all TA during bull runs. make it simple: long like a retard until it doesnt work twice [2016-12-23 10:13:12] ett1 : nah this is useful stuff [2016-12-23 10:13:33] wurstgelee : it works. tested extensively since 2015 ;) [2016-12-23 10:13:34] anonymous789 : wurstgelee: this seems to work best right now haha [2016-12-23 10:13:42] wurstgelee : it does [2016-12-23 10:13:46] ett1 : look at where the trangles and flags form. theiir higher highs / lower lows [2016-12-23 10:13:54] rapidtrades : define 'bull run'' [2016-12-23 10:14:04] wurstgelee : ofc. but just ignore wedges [2016-12-23 10:14:08] wurstgelee : those mean shit atm imo [2016-12-23 10:14:09] ett1 : helps you decide when to add during the bull run [2016-12-23 10:14:32] ett1 : when the momentum picks up or where its likely to dip to [2016-12-23 10:14:50] wurstgelee : rapidtrades: no daily candle closes below the low of the previous candle. [2016-12-23 10:14:52] wurstgelee : = bull run [2016-12-23 10:15:36] rapidtrades : k [2016-12-23 10:15:36] wurstgelee : good enough? [2016-12-23 10:15:43] rapidtrades : whatever [2016-12-23 10:16:00] ett1 : price is higher by a decent percentage than it was X time ago [2016-12-23 10:16:09] ett1 : like >20% than it was last month [2016-12-23 10:16:14] wurstgelee : thats to soft. [2016-12-23 10:16:16] wurstgelee : "decent" [2016-12-23 10:16:19] wurstgelee : *too [2016-12-23 10:16:21] ett1 : or 10% over a week [2016-12-23 10:16:35] wurstgelee : no daily candle closes below the low of the previous candle. <- that [2016-12-23 10:16:44] wurstgelee : can use other candles than daily if u like [2016-12-23 10:16:56] rapidtrades : sausage rule is not bad but will only work during fomos [2016-12-23 10:17:03] wurstgelee : rapidtrades: during bull runs [2016-12-23 10:17:05] wurstgelee : yes [2016-12-23 10:17:10] ett1 : whats the sausage rule [2016-12-23 10:17:12] wurstgelee : because is the definition of such [2016-12-23 10:17:25] wurstgelee : ett1: wurst= german translation for sausage [2016-12-23 10:17:59] rapidtrades : doesn't work on slow uptrends tho, like we had oct- 3 days ago [2016-12-23 10:18:08] wurstgelee : also, everyone how stil shorts currently needs to get his head examined imo [2016-12-23 10:18:11] wurstgelee : *who [2016-12-23 10:18:14] wurstgelee : *still [2016-12-23 10:18:18] wurstgelee : typos much... [2016-12-23 10:18:32] wurstgelee : rapidtrades: slow uptrends are not necessarily bull markets [2016-12-23 10:18:41] wurstgelee : bull markets are strong uptrends [2016-12-23 10:18:52] wurstgelee : as in "no daily candle closed...2 etc [2016-12-23 10:18:57] wurstgelee : " [2016-12-23 10:20:01] ett1 : i think its going to close up 10% today [2016-12-23 10:21:00] wurstgelee : from here? [2016-12-23 10:21:16] ett1 : like 10% daily candle or more [2016-12-23 10:21:20] wurstgelee : "today" depends lot on your tz [2016-12-23 10:21:23] wurstgelee : oh, utc then [2016-12-23 10:21:36] ett1 : 10% would put it at 940, from UTC open [2016-12-23 10:21:44] wurstgelee : 6800+ then [2016-12-23 10:21:56] ett1 : i use UTC. thats what bitcoinmarkets uses [2016-12-23 10:22:03] wurstgelee : yeah, utc makes sense ofc [2016-12-23 10:22:12] rapidtrades : u ppl are so fulll of it its coming out of ur ears [2016-12-23 10:22:39] wurstgelee : us ppl tend to think they are the center of the world sometimes tho...so they use pst or some other irrelevnt tz [2016-12-23 10:22:46] micmix : everyone is a great trader when bitcoin goes up $150 in 2 days [2016-12-23 10:22:58] rapidtrades : ^ [2016-12-23 10:22:59] wurstgelee : micmix: yes [2016-12-23 10:23:12] wurstgelee : most wont make it past the next 2 dumps [2016-12-23 10:23:20] wurstgelee : but it has never been different, right? ;) [2016-12-23 10:23:21] ett1 : depends on your position and when you enter [2016-12-23 10:23:33] ett1 : zero sum game [2016-12-23 10:24:35] wurstgelee : yes. i zero'd quite a few acounts over time i guess. [2016-12-23 10:24:39] wurstgelee : not mine ;) [2016-12-23 10:25:02] ett1 : lol [2016-12-23 10:25:14] ett1 : how big, whos money [2016-12-23 10:25:31] wurstgelee : ? [2016-12-23 10:25:54] ett1 : like it was your friends money? they lend you to trade [2016-12-23 10:26:00] wurstgelee : lol no [2016-12-23 10:26:06] wurstgelee : i wouldnt do that [2016-12-23 10:26:16] rapidtrades : it was the government [2016-12-23 10:26:18] ett1 : why not [2016-12-23 10:26:27] ett1 : no risk haha [2016-12-23 10:26:39] rapidtrades : all these euros gamble with their welfare checks [2016-12-23 10:26:44] ett1 : the more the merrier [2016-12-23 10:27:17] ett1 : rapidtrades: this isnt the plebs that are buying [2016-12-23 10:27:30] rapidtrades : CITATION NEDDED [2016-12-23 10:27:33] wurstgelee : because its educated gambling. and i dont gamble with other people's money. i bought ~ 2 btc in 2014, quadrupeldrupleddrupled those over time a few times, all holdings still based of those 2 2014 btc [2016-12-23 10:27:44] ett1 : weve got govt insiders and the banking cartel co-ordinating this [2016-12-23 10:27:44] wurstgelee : *off [2016-12-23 10:28:23] ett1 : the elites are just pumping and dumping assets for their own gain [2016-12-23 10:28:30] ett1 : first it was the housing market [2016-12-23 10:28:39] ett1 : then the stocks [2016-12-23 10:28:55] ett1 : theyve taken over greece and plundered many small nations [2016-12-23 10:29:01] elmorte : Elitez...that throws me back to Earth 2025 times [2016-12-23 10:29:17] ett1 : now they are turning on btc to control the market and declare a new paradign [2016-12-23 10:29:28] ett1 : no more boom & busts [2016-12-23 10:29:28] rapidtrades : WTF [2016-12-23 10:29:36] ett1 : 1 stable currency [2016-12-23 10:29:39] immackay : that's why we need to not have just bitcoin as our main [2016-12-23 10:30:42] ett1 : national currencies are not efficient. we dont need hundreds, high exchange fees, controls, price risk [2016-12-23 10:30:47] immackay : rapidtrades: are you confused by the manipulation going on right now [2016-12-23 10:31:10] immackay : ett1: I meant we need to have multiple cryptos instead of just bitcoin as a standard [2016-12-23 10:31:22] immackay : otherwise the decentralization is kind of moot [2016-12-23 10:31:29] ett1 : why multiple cryptos [2016-12-23 10:31:32] ett1 : for currency [2016-12-23 10:31:36] rapidtrades : ett1: we actually do need hundreds...u can't have 1 ccy without a global central bank [2016-12-23 10:31:54] nOgAnOo : How are all you guys doing? [2016-12-23 10:31:56] ett1 : bitcoin doesnt need a central bank [2016-12-23 10:32:05] immackay : ett1: you still don't get it [2016-12-23 10:32:09] nOgAnOo : I'm getting tired [2016-12-23 10:32:13] rapidtrades : gov will not get out of the central banking [2016-12-23 10:32:40] ett1 : but their market share will fall by like 90% [2016-12-23 10:32:45] ett1 : people will barely use them [2016-12-23 10:32:58] ett1 : would you use a 1990s version of paypal [2016-12-23 10:33:07] rapidtrades : stop the bullshit [2016-12-23 10:33:54] ett1 : thats what it will be like. bitcoin will be used almost everwher, have lots of apps build on it by developers doing cool things [2016-12-23 10:34:05] ett1 : or you can use the old slow and clunky platform [2016-12-23 10:34:22] ett1 : thats the banks have build an app ontop of [2016-12-23 10:34:45] ett1 : that the govt control and can turn off or steal with a click of a button [2016-12-23 10:34:57] rapidtrades : SPAM [2016-12-23 10:35:15] ett1 : you tell me, what people will use more. its just evolution & market competion [2016-12-23 10:35:28] ett1 : youre unenlightened [2016-12-23 10:37:51] shery : bitmex below bitfinex amazing [2016-12-23 10:40:12] REKT : Liquidated short on `XBTUSD`: buy 3000 @ 904.88 [2016-12-23 10:41:08] l3f : rapidtrades: you're actually long right? [2016-12-23 10:41:15] l3f : otherwise you're missing out on the rollercoaster [2016-12-23 10:41:22] l3f : (srs question) [2016-12-23 10:41:49] rapidtrades : im net long yes [2016-12-23 10:42:06] rapidtrades : I haven't significantly altered my position past two months [2016-12-23 10:42:14] l3f : what's your position [2016-12-23 10:42:26] rapidtrades : NET LONG [2016-12-23 10:42:32] l3f : HOW MUCH [2016-12-23 10:42:38] rapidtrades : NOT TELLING [2016-12-23 10:42:45] l3f : K [2016-12-23 10:43:06] l3f : If it retraces to 840 would you buy? [2016-12-23 10:43:11] l3f : or do you consider the pump over? [2016-12-23 10:43:19] rapidtrades : im all in all out [2016-12-23 10:43:37] justinlooking : rapidtrades: u r clearly short, it's mooning... [2016-12-23 10:43:47] rapidtrades : clearly [2016-12-23 10:43:49] l3f : justinlooking: if he's short he'd be liquidated already [2016-12-23 10:44:03] l3f : if you're on this site you're net long by default [2016-12-23 10:44:07] rapidtrades : im short here but its small [2016-12-23 10:45:04] KingTuna : Im sort only 5'6 in stature [2016-12-23 10:45:09] KingTuna : short* [2016-12-23 10:45:28] KingTuna : What else could the word short mean> [2016-12-23 10:45:33] ett1 : hes broke [2016-12-23 10:45:49] l3f : ett1: I think it was zec that damaged him in this way [2016-12-23 10:45:59] l3f : but he can be repaired [2016-12-23 10:46:00] l3f : with love [2016-12-23 10:46:14] ett1 : not even his mother could love him [2016-12-23 10:46:25] rapidtrades : it's true, she doesn't [2016-12-23 10:46:28] l3f : I'll adopt him [2016-12-23 10:46:45] immackay : i'm just fucking bitter [2016-12-23 10:46:53] immackay : because I made a bunch the other day then lost it all [2016-12-23 10:47:03] ett1 : he doesnt have a strong father figure, you'd be in with a chance of fucking him [2016-12-23 10:47:04] immackay : and now I've been gaining small amounts [2016-12-23 10:47:13] immackay : because I've missed the rest of these pumps [2016-12-23 10:47:44] herpinator : merry christmas all, days like this it feels just lovely to have some bitcoin doesn't it? [2016-12-23 10:48:01] immackay : herpinator: it would be nice if I had the 4 bitcoin I had yesterday [2016-12-23 10:48:14] justinlooking : yup. right up until the moment bitfinex screw us all again [2016-12-23 10:48:29] herpinator : immackay: What happened? :( [2016-12-23 10:48:29] ett1 : sorry if im being too much of a dick. im just messing with u rapid [2016-12-23 10:48:47] herpinator : justinlooking: People still trust bitfinex hahahhahha, cracks me up [2016-12-23 10:48:54] immackay : herpinator: the massive dump to 834 when it was up at 870... [2016-12-23 10:49:17] immackay : I had gained 4 bitcoin that day from the pump, lost it all in the dump cause I was holding positions [2016-12-23 10:49:26] immackay : like a stupid greedy f*ck [2016-12-23 10:49:32] immackay : oh well, that teaches me [2016-12-23 10:49:47] immackay : what have I learned? I'm retarded [2016-12-23 10:49:52] l3f : too much leverage [2016-12-23 10:49:52] herpinator : immackay: ouch thats a shame I've had moments like that now I just work with low leverage 10x at most, ah well at least it was profit you was eating [2016-12-23 10:50:11] immackay : yeah, it was too much leverage [2016-12-23 10:50:12] justinlooking : herpinator: i reckon okc are next. whales going to trigger btc run on their fractional reserve model. just make sure u get coins out before chinese new year [2016-12-23 10:50:28] rapidtrades : +1 [2016-12-23 10:50:33] rapidtrades : okc is shady as f*ck