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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[2016-12-24 04:12:07] rapidtrades : doesn't seem like the real guy
[2016-12-24 04:12:16] rapidtrades : the real Vitalik would've loved ZEC
[2016-12-24 04:12:23] ett1 : hes not the real guy
[2016-12-24 04:12:24] VitalikButerin : It's me, but it's alright if you don't believe me.
[2016-12-24 04:12:40] l3f : VitalikButerin: well I'd like a signed cryptographic proof with your pgp key
[2016-12-24 04:12:46] ett1 : look at TV chatbox
[2016-12-24 04:12:54] ett1 : he said you are fake
[2016-12-24 04:12:57] VitalikButerin : I'm vacationing in India as of now :)
[2016-12-24 04:12:59] ett1 : the real one
[2016-12-24 04:13:16] l3f : Ah professional role player
[2016-12-24 04:13:22] rapidtrades : l3f: that's not good enough cos he'd find a way to screw it up
[2016-12-24 04:13:41] l3f : might have to hard fork his pgp key after
[2016-12-24 04:13:46] VitalikButerin : Well, goodbye now!
[2016-12-24 04:13:55] ett1 : busted
[2016-12-24 04:14:45] l3f : liar liar pants on fire
[2016-12-24 04:15:58] micmix : last time he was answering questions asked in Russian, so might be real Vitalik (or someone who speaks a bit of Russian)
[2016-12-24 04:16:03] ett1 : im the real vbuterin
[2016-12-24 04:17:56] rapidtrades : If I was the real Vitalik and was going to buy a bunch of ZEC here on margin, I wouldn't say ZEC is a good buy
[2016-12-24 04:18:23] rapidtrades : hence there can be only one answer, he's the real Vitalik and came here to buy ZEC on margin
[2016-12-24 04:18:53] micmix : solid logic, everyone should buy ZEC now!
[2016-12-24 04:19:45] Baseballman : I'm Brian and so is my wife..... sorry could not resist....
[2016-12-24 04:19:49] ett1 : 0.0375% funding rate
[2016-12-24 04:19:53] ett1 : fuck me
[2016-12-24 04:20:44] ett1 : can somebody tell me, am i paying too much funding rate vs going on futures. i think its going to 1000
[2016-12-24 04:21:03] ett1 : lets say in within 1 week
[2016-12-24 04:22:58] sleger : Then you should have bought z16
[2016-12-24 04:23:37] sleger : But dont worry the funding is not what you said it was
[2016-12-24 04:23:44] ett1 : should i sell and buy into z16 instead
[2016-12-24 04:24:42] ett1 : is there much difference of would it cost me a lot being in swaps if theres a strong cotinued bull?
[2016-12-24 04:24:48] sleger : Depends what the funding becomes
[2016-12-24 04:25:03] sleger : or if bitmex changes the rules
[2016-12-24 04:25:07] ett1 : tell me if i work this out right
[2016-12-24 04:25:21] sleger : no
[2016-12-24 04:25:58] sleger : Just like Vitalik the great said , i am no prophet
[2016-12-24 04:26:27] ett1 : lets say z16 is 920 and spot is 910. 10 of 910 is 1.1%
[2016-12-24 04:26:32] ett1 : say 6 days
[2016-12-24 04:26:38] rapidtrades : Has anyone been trading on btce mt4 lately?
[2016-12-24 04:26:55] ett1 : 1.1/6=0.183%
[2016-12-24 04:27:15] ett1 : is that what the daily 'funding rate' equivalent is on z16
[2016-12-24 04:27:28] sleger : Your math is not wrong
[2016-12-24 04:28:24] ett1 : ok thanks. so if i think funding rate is going to be higher than this, im better with futures. if i expect it to be lower, id be better with swaps
[2016-12-24 04:28:30] Hawkeye : rapidtrades: i am
[2016-12-24 04:28:56] rapidtrades : Hawkeye: what's the current swap rate for longs
[2016-12-24 04:29:35] l3f : Tell me sleger, what do you see in H17 now?
[2016-12-24 04:29:50] Hawkeye : 0.28 mbit / day /btc (they try to get to aprox 10%/year)
[2016-12-24 04:29:57] Hawkeye : buy/sell fees 0,5%
[2016-12-24 04:30:08] l3f : I see nothing but death and idespair
[2016-12-24 04:30:11] Hawkeye : used to be 0 swap fees :(
[2016-12-24 04:30:21] l3f : It's hope and optimism. Gone
[2016-12-24 04:30:24] l3f : its*
[2016-12-24 04:30:30] rapidtrades : yeah that ride is over @Hawkeye
[2016-12-24 04:30:40] l3f : when I look into H17 all I see is rapidtrade's face
[2016-12-24 04:30:49] Hawkeye : was fantstic for holds :)
[2016-12-24 04:30:53] zanza : its not a fee Hawkeye
[2016-12-24 04:30:58] zanza : when did they have no fee?
[2016-12-24 04:31:14] rapidtrades : always, until may of this year
[2016-12-24 04:31:17] ett1 : sleger: "But dont worry the funding is not what you said it was" im reading 0.375% in 7 hours
[2016-12-24 04:31:22] ett1 : what am i missing
[2016-12-24 04:31:25] Hawkeye : dont know when they changed it but before they had no charge to hold days/week
[2016-12-24 04:31:26] Hawkeye : s
[2016-12-24 04:31:37] sleger : ett1: you said 0.0375
[2016-12-24 04:31:49] sleger : %
[2016-12-24 04:31:52] zanza : people seriously don't undersstand what they are trading lol
[2016-12-24 04:32:17] zanza : it was a 24 hour contract before, how is that good for holding?
[2016-12-24 04:32:22] ett1 : right this rate its over 1%/day
[2016-12-24 04:32:31] zanza : if you have to reopen every 24h
[2016-12-24 04:32:51] sleger : Kind of like the alts here currently
[2016-12-24 04:33:23] ett1 : ok i think i have to sell my swaps and reopen futures. ill try and time a dip
[2016-12-24 04:33:36] rapidtrades : zanza: we're tlking about btce bud
[2016-12-24 04:33:47] zanza : btce is like 10% / year
[2016-12-24 04:33:48] ett1 : paying too much funding i think vs what the premium would be
[2016-12-24 04:33:57] rapidtrades : zanza: it was 0% before
[2016-12-24 04:34:03] zanza : long and short both pay, so its a truee fee
[2016-12-24 04:34:06] ett1 : it that correct
[2016-12-24 04:35:24] rapidtrades : Hawkeye: it's the same fee for long and shorts right
[2016-12-24 04:35:38] zanza : btw, they did here like over 50k total volume, average .05% fee is 25 BTC in fees!
[2016-12-24 04:35:50] zanza : yacht money
[2016-12-24 04:36:21] l3f : yeah but many employees
[2016-12-24 04:36:48] rapidtrades : i think zanza has started the holidays early
[2016-12-24 04:36:54] zanza : rofl
[2016-12-24 04:36:55] rapidtrades : if u know what Im saying
[2016-12-24 04:37:07] zanza : remember when that Romanian guy was posting here
[2016-12-24 04:37:12] Hawkeye : rapidtrades: yes and they take it in one go 0,5% (so 0,025 per sale and 0,25 for buy or the other way on shorts)
[2016-12-24 04:37:15] zanza : about all the drugs hes doing
[2016-12-24 04:37:36] rapidtrades : Hawkeye: yea i know, i meant the swap fee
[2016-12-24 04:37:48] zanza : swap is not a fee here
[2016-12-24 04:37:54] zanza : its 0 sum
[2016-12-24 04:37:59] Hawkeye : no clue i assume it will be the same but i dont short bulltrends so wouldnt know for sure, sorry
[2016-12-24 04:38:02] ett1 : rapidtrades: am i a moron for holding swaps from 800 vs z16
[2016-12-24 04:38:59] micmix : where is the premium? guys, start buying
[2016-12-24 04:39:39] ett1 : micmix: what do u mean
[2016-12-24 04:39:57] zanza : ett1: that is like saying you are an idiot for not going 100x long when price was $700
[2016-12-24 04:40:21] micmix : look at swap, trading at mark price
[2016-12-24 04:40:28] ett1 : im asking, did i pay too much in funding vs premium
[2016-12-24 04:40:44] ett1 : micmix: z16 too cheap now?
[2016-12-24 04:40:56] ett1 : im thinking of rolling swaps into z16
[2016-12-24 04:41:20] rapidtrades : zanza: we're talking about BTCE
[2016-12-24 04:41:28] rapidtrades : u punch drinking pole
[2016-12-24 04:41:43] ett1 : im trying to work out if im paying too much in funding & better holding z16 instead. if premium is low ill do that
[2016-12-24 04:41:45] zanza : u shuld talk about BTCE on BTCE
[2016-12-24 04:42:21] zanza : 1% premium on Z16
[2016-12-24 04:42:24] micmix : you can buy swap now, close in 7 hours and don't pay anything
[2016-12-24 04:42:44] zanza : the swap has unpredictable funding, it could be -.375% for a week
[2016-12-24 04:43:03] zanza : u pay .05% fee micmix
[2016-12-24 04:43:04] ett1 : im long swaps now. ive been holding from 800 and will hold if it goes to 1000
[2016-12-24 04:43:14] ett1 : am i better selling swaps to buy z16 or just hold them
[2016-12-24 04:43:20] zanza : and how about $600 ?
[2016-12-24 04:43:21] micmix : zanza: not if you do it as a maker
[2016-12-24 04:43:33] ett1 : um a but confused about how funding rate works
[2016-12-24 04:43:44] rapidtrades : BAN EVERYONE
[2016-12-24 04:43:56] micmix : ^agree
[2016-12-24 04:44:01] ett1 : micmix: huh. im just riding the trend
[2016-12-24 04:44:02] zanza : the interface here makes it complicated to be a maker
[2016-12-24 04:44:28] Hawkeye : zanza: ? how so just click post-only ...
[2016-12-24 04:44:30] sleger : Dont ban REKT he is my only friend in the chinese trollbox
[2016-12-24 04:44:42] zanza : you wont get an order filled unless you constantly adjust it
[2016-12-24 04:44:43] ett1 : i think im paying 1%/day in funding but premium is only about 1%
[2016-12-24 04:44:44] zanza : manually
[2016-12-24 04:44:51] micmix : yeah, REKT needs more friends
[2016-12-24 04:44:59] zanza : or run some bot programmed by Ruskies
[2016-12-24 04:45:03] ett1 : can someone help me undestand
[2016-12-24 04:45:17] Hawkeye : ett1: the last funding was only 0,12xx% the next round is a bit steep yes
[2016-12-24 04:45:26] sleger : ett1: maybe you need a brain implant
[2016-12-24 04:45:37] zanza : I think they should uncap funding :)
[2016-12-24 04:45:45] zanza : no reason to cap at .375%
[2016-12-24 04:46:11] ett1 : sleger: just tell me. i think i undestand. swaps are more costly right now
[2016-12-24 04:46:16] Hawkeye : with funding i still have btce on 1 , kraken 2 and swaps here 3
[2016-12-24 04:46:25] rapidtrades : dunno why they're not lowering leverage, its clear vol is throw the roof
[2016-12-24 04:46:36] rapidtrades : this will just needlessly deplete the fund
[2016-12-24 04:46:37] zanza : ADL doesn't matter
[2016-12-24 04:47:15] zanza : https://www.bitmex.com/app/insuranceFund
[2016-12-24 04:47:33] rapidtrades : that's mostly ZEC tho
[2016-12-24 04:47:50] ett1 : sleger: pls
[2016-12-24 04:48:36] sleger : ett1: you look like a pigeon asking for food in a public park and everyone ignoring it
[2016-12-24 04:50:45] ett1 : perhaps im asking the wrong people
[2016-12-24 04:50:56] Hawkeye : ett1: ask one of the ppl of bitmex
[2016-12-24 04:51:19] ett1 : its because nobody knows. low IQ
[2016-12-24 04:51:28] Hawkeye : for now the next funding will cost you 0,375% and the one after looks to be almost as high
[2016-12-24 04:51:29] rapidtrades : +1
[2016-12-24 04:51:42] rapidtrades : can't agree with that, IQ is really low here
[2016-12-24 04:52:15] micmix : ^^ can or can't?
[2016-12-24 04:52:20] Hawkeye : you cant agree with the statement iq is low... because iq is low ? :)
[2016-12-24 04:52:53] Hawkeye : (maybe he is just trying to prove the point ;P )
[2016-12-24 04:52:56] dodic : maybe his iq is low so he cant comment on iq
[2016-12-24 04:52:58] ett1 : he meant can
[2016-12-24 04:53:14] rapidtrades : i meant argue
[2016-12-24 04:53:16] dodic : thats to obvious
[2016-12-24 04:53:28] rapidtrades : yeah proved the point too i guess
[2016-12-24 04:53:31] Hawkeye : good thing i tested mine before messing up the brain too bad ;)
[2016-12-24 04:54:44] Hawkeye : now someone buy this up to 1k so i can get some sleep ;)
[2016-12-24 04:57:51] REKT : Liquidated short on `LTC7D`: buy 2 @ 0.005140
[2016-12-24 05:07:04] thomaskikansha : funding rate at capagain?
[2016-12-24 05:07:13] MrRGnome : yep
[2016-12-24 05:07:39] Hawkeye : once set it wont change to a lower rate right ?
[2016-12-24 05:07:43] thomaskikansha : was like 0.1X% yesterday
[2016-12-24 05:08:02] MrRGnome : current rate won't change, predicted rate (hover) will
[2016-12-24 05:08:09] Hawkeye : ok got it , thnx
[2016-12-24 05:08:22] Hawkeye : so lets get to 1k before the next rate is billed ;)
[2016-12-24 05:08:40] MrRGnome : I agree, 1k in the next 6 hours please.
[2016-12-24 05:09:08] MrRGnome : If we start to consolidate a lot of longs here are goign to feel the hurt of that funding rate
[2016-12-24 05:09:45] l3f : MrRGnome: if I was a whale
[2016-12-24 05:09:52] narnarfromnarnia : moon
[2016-12-24 05:09:52] l3f : longs need a bit more torture first
[2016-12-24 05:10:01] l3f : a week long shakeout
[2016-12-24 05:10:05] l3f : should do the trick
[2016-12-24 05:10:06] Hawkeye : its not disastrous as long as it keeps rising more than that rate :)
[2016-12-24 05:10:25] l3f : but I also know that there's going to be more buyers
[2016-12-24 05:10:28] l3f : and I can't shake myself out
[2016-12-24 05:10:34] MrRGnome : If we could keep in the 900's for a week I will be very happy. the longer we stay up here the higher the floor will be when we drop.
[2016-12-24 05:10:54] l3f : lol slight price movement
[2016-12-24 05:10:57] l3f : instantly 100x long
[2016-12-24 05:11:01] l3f : 924 already
[2016-12-24 05:11:03] l3f : fucking lol
[2016-12-24 05:11:23] Hawkeye : china is in the mood again
[2016-12-24 05:11:40] Hawkeye : guess there goes my sleep again :) 6.10 AM
[2016-12-24 05:12:13] MrRGnome : I'm amazed at how much demand there is at these prices
[2016-12-24 05:12:14] ett1 : Hawkeye: thanks for helping btw. i think it isnt worth rolling over, when i factor in fees and spread
[2016-12-24 05:12:39] MrRGnome : up we go again?
[2016-12-24 05:12:46] Hawkeye : if it stays at this rate the growth in price needs to be high for it to be worth it
[2016-12-24 05:13:05] Hawkeye : but like now we're growing way faster then that % so its worth paying it
[2016-12-24 05:14:19] ett1 : ye. i'd have to sell out of swaps, byt the z16 then in 6 days might have to repoen. its tempting. i might try a 100x with a small amount and scale into it if i make a profit on that
[2016-12-24 05:14:26] l3f : If btc etf passes on jan 10
[2016-12-24 05:14:27] MrRGnome : If you say so, it's dangerous enough longing at these prices as is - I don't need an idiot tax applied to me on top of it.
[2016-12-24 05:14:30] l3f : then we're going to attempt a moon landing
[2016-12-24 05:14:51] REKT : Liquidated short on `LTC7D`: buy 122 @ 0.005210
[2016-12-24 05:16:37] javierstone : lez go
[2016-12-24 05:17:10] Hawkeye : whats the cost on opening / closing a future ?
[2016-12-24 05:19:11] imapotato : China coming back from lunch here we go
[2016-12-24 05:19:21] javierstone : its the weekend
[2016-12-24 05:19:36] thomaskikansha : we trade $9 above index on swap :o
[2016-12-24 05:19:39] imapotato : China eats on weekends.
[2016-12-24 05:19:47] javierstone : no they don't
[2016-12-24 05:19:51] imapotato : :|
[2016-12-24 05:20:16] imapotato : Just hush your mouth and get long.
[2016-12-24 05:22:28] MikeHunt : okcoin dont look too healthy
[2016-12-24 05:22:48] narnarfromnarnia : seems like longs make less than shorts?
[2016-12-24 05:22:54] narnarfromnarnia : or my maths broken
[2016-12-24 05:23:03] javierstone : interest
[2016-12-24 05:23:15] narnarfromnarnia : oh
[2016-12-24 05:23:18] narnarfromnarnia : shorts no interest?
[2016-12-24 05:23:20] rapidtrades : okcoin are pros not degenerate gamblers like here
[2016-12-24 05:23:20] BitMEX_Wally : narnarfromnarnia: It is zero sum, so longs make what shorts lose
[2016-12-24 05:23:27] javierstone : shorts make money on interest
[2016-12-24 05:23:30] javierstone : and its really high rite now
[2016-12-24 05:23:39] narnarfromnarnia : javierstone: ok thanks
[2016-12-24 05:23:53] imapotato : I'm not degenerate :|
[2016-12-24 05:24:13] l3f : because you're a degenerate :)
[2016-12-24 05:24:14] narnarfromnarnia : didn't we hit 940 earlier today here?
[2016-12-24 05:24:20] shery : push was weak
[2016-12-24 05:24:23] narnarfromnarnia : i think we're heading back
[2016-12-24 05:24:31] l3f : narnarfromnarnia: of course we are
[2016-12-24 05:24:32] l3f : go short
[2016-12-24 05:24:34] l3f : seriously
[2016-12-24 05:24:36] imapotato : 940 and beyond
[2016-12-24 05:24:36] l3f : fuck
[2016-12-24 05:24:37] l3f : all in short
[2016-12-24 05:24:41] l3f : jesus
[2016-12-24 05:24:49] narnarfromnarnia : l3f: im long lol
[2016-12-24 05:24:54] narnarfromnarnia : since 921
[2016-12-24 05:25:11] l3f : why didn't buy the dip?
[2016-12-24 05:25:13] imapotato : Who in their right mind shorts BTC?
[2016-12-24 05:25:18] narnarfromnarnia : i shorted that
[2016-12-24 05:25:25] imapotato : Who shorts a DIP?
[2016-12-24 05:25:29] MikeHunt : we're near the peak so buying now seems risky
[2016-12-24 05:25:30] narnarfromnarnia : waited for next confirmed movement
[2016-12-24 05:25:35] l3f : imapotato: we have a couple of pros here that buys top and shorts dips
[2016-12-24 05:25:38] narnarfromnarnia : imapotato: i manage to get like .5 btc each time
[2016-12-24 05:25:40] narnarfromnarnia : it works out
[2016-12-24 05:25:55] l3f : they scalp pretty hard but they manage to pull it of
[2016-12-24 05:25:58] l3f : pff(
[2016-12-24 05:26:06] REKT : Liquidated long on `XBCH17`: sell 4190 @ 6829.9
[2016-12-24 05:26:09] imapotato : What is a 0.5 btc?
[2016-12-24 05:26:17] narnarfromnarnia : profits
[2016-12-24 05:26:25] shery : bitmex is over reaction again
[2016-12-24 05:26:28] imapotato : You can break 'em in half?
[2016-12-24 05:26:43] narnarfromnarnia : just pre buy build up @shery
[2016-12-24 05:26:56] imapotato : >Liquidated long on XBCH17: sell 4190 @ 6829.9
[2016-12-24 05:26:57] narnarfromnarnia : come on your the one that was preaching go long
[2016-12-24 05:26:59] imapotato : I didn't say go 100x long
[2016-12-24 05:27:03] imapotato : Maybe 10x, 20x tops.
[2016-12-24 05:27:07] narnarfromnarnia : 10x max
[2016-12-24 05:27:16] narnarfromnarnia : gotta be safe in this movement
[2016-12-24 05:28:50] shery : narnarfromnarnia: doent feels well when you are shorting and market reacts like this
[2016-12-24 05:29:03] narnarfromnarnia : shery: you're shorting this?
[2016-12-24 05:29:06] narnarfromnarnia : crazy
[2016-12-24 05:29:19] narnarfromnarnia : new daily green candles
[2016-12-24 05:29:23] shery : narnarfromnarnia: 926 opened a one , since the push semms to ba fake
[2016-12-24 05:29:35] narnarfromnarnia : shery: it's real
[2016-12-24 05:29:52] ett1 : ye todays dip below the open was a bear trap
[2016-12-24 05:30:13] shery : narnarfromnarnia: time will tell , for now its heading towards previous levels
[2016-12-24 05:30:23] narnarfromnarnia : shery: previous top
[2016-12-24 05:30:27] narnarfromnarnia : maybe a double top
[2016-12-24 05:30:28] narnarfromnarnia : hmm
[2016-12-24 05:31:13] shery : narnarfromnarnia: 6547 and 6597 A big difference
[2016-12-24 05:31:28] narnarfromnarnia : shery: why?
[2016-12-24 05:31:38] narnarfromnarnia : we are going through 6600 here soon
[2016-12-24 05:32:03] shery : narnarfromnarnia: may be after heading back towards 620?
[2016-12-24 05:32:08] shery : 6620*
[2016-12-24 05:32:25] shery : 6520*
[2016-12-24 05:33:20] narnarfromnarnia : shery: do you trade USD or CNY on here?
[2016-12-24 05:33:26] Speran49 : very important lvl
[2016-12-24 05:33:29] Speran49 : this could go either way
[2016-12-24 05:33:37] javierstone : critical
[2016-12-24 05:33:41] shery : narnarfromnarnia: Usd but obeserve cny movements
[2016-12-24 05:33:42] narnarfromnarnia : anyone have a usd chart with those levels
[2016-12-24 05:33:46] narnarfromnarnia : shery: ok
[2016-12-24 05:33:50] narnarfromnarnia : so in usd what is that
[2016-12-24 05:34:12] shery : narnarfromnarnia: 610-612
[2016-12-24 05:34:13] Speran49 : https://www.tradingview.com/x/vEDWBn0Q/
[2016-12-24 05:34:24] Speran49 : oh im talking short term lol
[2016-12-24 05:34:31] narnarfromnarnia : shery: 6600 cny?
[2016-12-24 05:34:33] narnarfromnarnia : huh
[2016-12-24 05:34:49] shery : narnarfromnarnia: 6520 .
[2016-12-24 05:35:14] shery : narnarfromnarnia: Are you talking about bitmex ? or rest markets
[2016-12-24 05:35:20] narnarfromnarnia : bmx
[2016-12-24 05:35:32] shery : narnarfromnarnia: bitmex seems to be moving 7-10 $ ahead in pumps
[2016-12-24 05:35:33] narnarfromnarnia : but i watch houbi on bitcoinwisdom too
[2016-12-24 05:35:44] narnarfromnarnia : i wish bitmex was on bitcoinwisdom
[2016-12-24 05:36:03] shery : narnarfromnarnia: I observe that too
[2016-12-24 05:36:32] narnarfromnarnia : here comes next rocket on houbi
[2016-12-24 05:36:34] narnarfromnarnia : 1min
[2016-12-24 05:36:38] narnarfromnarnia : big arc
[2016-12-24 05:37:03] shery : narnarfromnarnia: downawrd rocket??
[2016-12-24 05:37:11] ayy_lmao : yah wut
[2016-12-24 05:37:15] imapotato : huubihoobin moon in T - 1 minute
[2016-12-24 05:37:17] imapotato : gird your loins
[2016-12-24 05:37:33] dodic : ballistic missile
[2016-12-24 05:38:15] herpinator : narnarfromnarnia: all of us should pester the owner of btcwisdom to list bitmex
[2016-12-24 05:38:28] Speran49 : just use tradingview?
[2016-12-24 05:38:30] narnarfromnarnia : yes herp
[2016-12-24 05:38:36] narnarfromnarnia : let's message his twitter
[2016-12-24 05:38:40] ayy_lmao : cryptowatch
[2016-12-24 05:38:44] herpinator : yes
[2016-12-24 05:38:46] narnarfromnarnia : bfxdata would be good to have too
[2016-12-24 05:39:00] narnarfromnarnia : imapotato: yep saw that
[2016-12-24 05:39:25] ayy_lmao : https://cryptowat.ch/bitmex/xbt-perpetual-futures
[2016-12-24 05:39:49] imapotato : https://www.youtube.com/watch?v=f7yVyIPATWc
[2016-12-24 05:41:38] narnarfromnarnia : herpinator: yeah i did you too
[2016-12-24 05:41:41] narnarfromnarnia : he will add it easily
[2016-12-24 05:42:45] shery : narnarfromnarnia: told you push was fake, 6530 now
[2016-12-24 05:43:37] Speran49 : good call sherry i was also short :)
[2016-12-24 05:44:18] shery : Yeah well figured , shot Enjoying my positions
[2016-12-24 05:44:53] l3f : a mouse farts and you guys panic buy
[2016-12-24 05:45:09] shery : l3f: That what chona want lol
[2016-12-24 05:45:45] ayy_lmao : where the action at
[2016-12-24 05:45:50] shery : china*
[2016-12-24 05:45:51] javierstone : rite
[2016-12-24 05:45:57] ayy_lmao : da hell is this slow shit
[2016-12-24 05:46:11] ett1 : slow shit is the best
[2016-12-24 05:46:18] ett1 : it means there will be a bigger breakout
[2016-12-24 05:50:11] imapotato : $1000 on Christmas?
[2016-12-24 05:50:56] zanza : .375% !!! https://www.reddit.com/r/Bitcoin/comments/5k0vbi/updated_azop_rainbow_chart_thanks_to_bashco/
[2016-12-24 05:51:15] immackay : holy shit that funding
[2016-12-24 05:51:18] ett1 : last minute shopping for the chinese that havnt got their kids the amount of bitcoins that was on the list. theyll pay whatever it takes
[2016-12-24 05:52:30] ett1 : mr chen needs to buy 1000 bitcoins by tonight or his little princess will be disappointed
[2016-12-24 05:52:49] MikeHunt : seeing 1k might be like the nazis seeing moscow, faintly in the distance and not for very long
[2016-12-24 05:53:07] imapotato : If we hit $1k, we will hit ATH
[2016-12-24 05:53:12] micmix : lots of kids will be crying this year, getting bitcoins instead of real gifts
[2016-12-24 05:53:23] ett1 : micmix: hahah
[2016-12-24 05:53:28] ett1 : i asked for real money
[2016-12-24 05:53:37] MikeHunt : whats ATH actually stand for?
[2016-12-24 05:53:42] imapotato : My balls will be quite blue if we peak above $1000 and below ATH
[2016-12-24 05:53:44] ett1 : all time high
[2016-12-24 05:53:48] Hawkeye : MikeHunt: all time high
[2016-12-24 05:53:48] MikeHunt : oh right
[2016-12-24 05:53:52] imapotato : ATH = all time high, currently roughly $1150-$1200
[2016-12-24 05:54:39] Speran49 : so does huobi normally lead?
[2016-12-24 05:54:39] MikeHunt : bfxdata shows we are nearly at max buying level
[2016-12-24 05:54:42] MikeHunt : and we arent moving
[2016-12-24 05:54:57] shery : I think we will touch 1020-1040 and then 700 , 1200-1400 seems a bit difficult
[2016-12-24 05:55:27] imapotato : By the way, is there anything fueling this rally?
[2016-12-24 05:55:46] imapotato : We've had Cyprus, China, etc.
[2016-12-24 05:55:47] l3f : imapotato: children's hopes and reams
[2016-12-24 05:55:47] ett1 : do u think bitmex swaps will stay at a premium to sta
[2016-12-24 05:55:48] narnarfromnarnia : MikeHunt: i noticed that but usually i see it rally when it says that
[2016-12-24 05:55:53] micmix : yes, your money @imapotato
[2016-12-24 05:55:55] narnarfromnarnia : because it's not leverage being used
[2016-12-24 05:56:01] imapotato : This one seems to be missing a narrative
[2016-12-24 05:56:10] ett1 : india
[2016-12-24 05:56:12] Speran49 : chinese yuan devaluation
[2016-12-24 05:56:36] Speran49 : trump presidency fears for china
[2016-12-24 05:56:40] Speran49 : currency +economy
[2016-12-24 05:57:02] ett1 : trumps board is all invested in btc
[2016-12-24 05:58:06] imapotato : https://www.bitmex.com/app/autodeleveraging
[2016-12-24 05:58:07] imapotato : 404?
[2016-12-24 06:00:15] MikeHunt : trump cant avert whats going to happen to the western economies
[2016-12-24 06:00:32] MikeHunt : $20tn debt doesnt just disappear over night
[2016-12-24 06:00:39] narnarfromnarnia : MikeHunt: lot of room to buy on 24hr bfxdata bud
[2016-12-24 06:00:44] narnarfromnarnia : that's just last 1hr
[2016-12-24 06:00:48] narnarfromnarnia : means we going moon
[2016-12-24 06:00:50] imapotato : The debt can't disappear unless the USD does.
[2016-12-24 06:01:44] MikeHunt : narnarfromnarnia: Ahh yeah that makes sense, need a lot more than 500BTC to move it i guess
[2016-12-24 06:02:14] MikeHunt : imapotato: i think the idea is to crash the global economy and replace currencies with digital ones
[2016-12-24 06:02:27] MikeHunt : PBoC and BoE are already looking into it
[2016-12-24 06:02:41] imapotato : ECoin? (Mr. Robot)
[2016-12-24 06:03:14] imapotato : What "backs" the perpetual swaps if there is no settlement date?
[2016-12-24 06:04:55] 24hourz : Crypto is a safeheaven for all these falling currencies
[2016-12-24 06:05:58] MikeHunt : what about the banks backing exchanges?
[2016-12-24 06:06:28] MikeHunt : multiple bank failures would crush bitcoins value imo
[2016-12-24 06:06:29] imapotato : Can I withdraw from BitMEX using the lightning network yet?
[2016-12-24 06:09:10] 24hourz : @MikeHunt falling currencies will not hurt many exchanges. The dollar will be strong compared to other currencies but the writing is on the wall. Banning cash is an open road for more capital controls
[2016-12-24 06:10:20] MikeHunt : 24hourz: i mean in regards to being able to withdraw from Bitcoin
[2016-12-24 06:10:35] MikeHunt : like if banks fail, everyone is stuck in bitcoin land
[2016-12-24 06:10:39] MikeHunt : unless they can barter with it
[2016-12-24 06:11:12] ett1 : lots of people will be buying bitcoin with their christmmas gifts & making new years resolutions to invest more of their income in btc
[2016-12-24 06:11:24] Speran49 : lol at 1k
[2016-12-24 06:11:27] Speran49 : and then itll go down :)
[2016-12-24 06:11:28] Speran49 : ;)
[2016-12-24 06:11:31] l3f : lots of children will be getting their xmas gifts
[2016-12-24 06:11:35] l3f : and they'll pawn them
[2016-12-24 06:11:37] l3f : for bitcoin
[2016-12-24 06:11:37] imapotato : My new years resolution: convert all paychecks to BTC
[2016-12-24 06:11:42] l3f : they know it's a wise investment in the future
[2016-12-24 06:11:51] MikeHunt : i have a bit of gold as well
[2016-12-24 06:11:52] Speran49 : it was wise at 500 or below
[2016-12-24 06:11:52] MikeHunt : as a backstop
[2016-12-24 06:11:58] Speran49 : now it is a bit costly imo
[2016-12-24 06:12:01] imapotato : "pawn them for bitcoin" => "pawn them to margin long bitcoin 200x"
[2016-12-24 06:12:12] ett1 : lots of parents will be learning about bitcoin as they filfill their chirdrens wishlists
[2016-12-24 06:12:19] ett1 : and become converts
[2016-12-24 06:12:29] MikeHunt : BitCult
[2016-12-24 06:12:34] l3f : and think about how much bitcoin gets talked about at family xmas dinners
[2016-12-24 06:12:42] l3f : one evanglist will convert them all
[2016-12-24 06:12:47] ett1 : as it hits $1000
[2016-12-24 06:12:50] MikeHunt : i hope it doesnt get brought up at dinner cuz i was a bear
[2016-12-24 06:12:55] imapotato : What is "Return on Equity", and is 353% good?
[2016-12-24 06:13:13] l3f : tell them about the block sizes
[2016-12-24 06:13:14] ett1 : lol
[2016-12-24 06:13:24] ett1 : yes its very good
[2016-12-24 06:13:36] imapotato : I'll be convincing my family to install BU :P
[2016-12-24 06:13:43] ett1 : you 2.5x your margin
[2016-12-24 06:13:59] l3f : The chinese people love talking about financial products as they celebrate xmas
[2016-12-24 06:14:01] ett1 : you tripled your investment prtyy much
[2016-12-24 06:14:22] l3f : no doubt it'll pump once the bulls and bears return from their dinner tables
[2016-12-24 06:14:27] l3f : after uttering a prayer to jesus
[2016-12-24 06:14:28] imapotato : But I didn't. I have about 140% of what I started with.
[2016-12-24 06:14:51] imapotato : Unless it's some weird margin-based calculation
[2016-12-24 06:14:58] narnarfromnarnia : anyone else holding long?
[2016-12-24 06:15:06] ett1 : because some of the margin was reduced in fees i think
[2016-12-24 06:15:06] narnarfromnarnia : or waiting another dip?
[2016-12-24 06:15:09] imapotato : I've been holding a margin long for a while now.
[2016-12-24 06:15:11] narnarfromnarnia : i can feel the FOMO now
[2016-12-24 06:15:16] imapotato : And hodling my main stash 1x since forever
[2016-12-24 06:15:19] narnarfromnarnia : im gonna just go in
[2016-12-24 06:15:20] ett1 : so its caluclating it on the saller amount that remains, rather than the starting
[2016-12-24 06:15:26] narnarfromnarnia : 10x here soon if this doesn't drop
[2016-12-24 06:15:57] MikeHunt : i think it may drop against the trend line
[2016-12-24 06:15:58] zanza : double .375 fundings coming up
[2016-12-24 06:15:58] MikeHunt : then go up
[2016-12-24 06:16:06] shery : narnarfromnarnia: Holding short , this will drop more
[2016-12-24 06:16:13] imapotato : drop more?
[2016-12-24 06:16:14] imapotato : It's not droping
[2016-12-24 06:16:20] narnarfromnarnia : MikeHunt: which trend line
[2016-12-24 06:16:36] imapotato : what kinda twisted chart are you watching where BTC is dropping?
[2016-12-24 06:16:36] narnarfromnarnia : i don't see this dropping i see it as next attempt to high to get daily candle looking clear
[2016-12-24 06:16:47] narnarfromnarnia : has to do it soon
[2016-12-24 06:17:40] imapotato : w/e I'm going to bed with this 357% ROE
[2016-12-24 06:17:47] imapotato : Going to hodl this long, maybe add tomorrow
[2016-12-24 06:17:50] narnarfromnarnia : imapotato: lol be safe man
[2016-12-24 06:17:51] MikeHunt : 15m graph, along the bottoms from ~5680 cny
[2016-12-24 06:17:54] imapotato : goodnight and good luck. Don't go 100x and don't get rekt
[2016-12-24 06:18:05] Freewizard : For all rented bitcoins i have to pay 0.375% interest daily? Geez that's like 130%yearly
[2016-12-24 06:18:14] imapotato : 130% is nothing in bitcoinland
[2016-12-24 06:18:16] Speran49 : haha its more than that
[2016-12-24 06:18:21] Speran49 : cause they do it every 8 hrs
[2016-12-24 06:18:22] ett1 : imapotato: dont worry, ive been sleeping through my 500% ROE and waking up to even higher
[2016-12-24 06:18:46] Speran49 : dont hold perpetual swaps more than 6 hrs or thorugh funding and you're fine
[2016-12-24 06:18:54] imapotato : Uhh
[2016-12-24 06:19:00] imapotato : I've held this perp swap for like 48 hours
[2016-12-24 06:19:08] imapotato : Is that no bueno
[2016-12-24 06:19:12] Speran49 : gonna cost you depending on leverage
[2016-12-24 06:19:14] MikeHunt : you guys all holding atm?
[2016-12-24 06:19:18] imapotato : 10x
[2016-12-24 06:19:18] ett1 : imapotato: :( same
[2016-12-24 06:19:31] Speran49 : if you are going to hold a position longer than 8 hrs
[2016-12-24 06:19:37] Speran49 : use the monthly futures
[2016-12-24 06:19:39] ett1 : Speran49: i think its going to 10k.much better to sell my swaps and buy z16 right?
[2016-12-24 06:19:39] Speran49 : that is why theyre there
[2016-12-24 06:19:44] imapotato : If I'm reading this right, I've lost 5.5% in fees
[2016-12-24 06:19:50] ett1 : ye
[2016-12-24 06:19:50] imapotato : And made 40% in price diff
[2016-12-24 06:20:06] ett1 : same. perps are good for hedgeing
[2016-12-24 06:20:06] dodic : ohhh that's what the montlys are for
[2016-12-24 06:20:13] imapotato : I might move to the monthly...
[2016-12-24 06:20:16] Freewizard : Swaps are a no no for long term i guess
[2016-12-24 06:20:18] dodic : I done learned something today
[2016-12-24 06:20:23] Speran49 : you're all joking right?
[2016-12-24 06:20:27] Speran49 : lol
[2016-12-24 06:20:31] imapotato : no
[2016-12-24 06:20:34] Speran49 : oh god
[2016-12-24 06:20:38] imapotato : I've been long on perp about 48 hours
[2016-12-24 06:20:45] ett1 : Speran49: i was trying to work this out earlier
[2016-12-24 06:20:49] ett1 : nobody would answer me
[2016-12-24 06:20:51] Speran49 : and how long have you been in bitcoin ?
[2016-12-24 06:21:07] imapotato : uhh
[2016-12-24 06:21:09] imapotato : 2013
[2016-12-24 06:21:10] ett1 : i was holding swaps for a few days and reslised the fees
[2016-12-24 06:21:13] imapotato : early 2013
[2016-12-24 06:21:14] Speran49 : okay good
[2016-12-24 06:21:19] ett1 : 2011
[2016-12-24 06:21:31] Speran49 : yeah just always make sure to exit before the funding
[2016-12-24 06:21:34] Speran49 : it tells you ont he left
[2016-12-24 06:21:36] ett1 : but new to swaps
[2016-12-24 06:21:48] Speran49 : swaps are for short term
[2016-12-24 06:21:50] Speran49 : dont use 100x
[2016-12-24 06:21:52] dodic : @Speran49 ty
[2016-12-24 06:21:52] Speran49 : use 50x max
[2016-12-24 06:22:03] ett1 : Speran49: but if i go from swaps to futures im gonna pay fees twice and cross the spread
[2016-12-24 06:22:04] Speran49 : youll get killed w/ 100x
[2016-12-24 06:22:17] Speran49 : what fees are there for futures?
[2016-12-24 06:22:26] imapotato : Damn near fat fingered that.
[2016-12-24 06:22:37] imapotato : Buy my longs pls
[2016-12-24 06:22:48] ett1 : Speran49: just the time decay
[2016-12-24 06:23:02] Freewizard : Whens the next fee payout
[2016-12-24 06:23:05] ett1 : Speran49: why is the funding rate so high
[2016-12-24 06:23:12] ett1 : wouldnt it be arbed
[2016-12-24 06:23:20] ett1 : so its the same as futures premiums
[2016-12-24 06:23:20] Speran49 : lol idk
[2016-12-24 06:23:23] Speran49 : ask bitmex
[2016-12-24 06:23:26] Speran49 : so they make more money?
[2016-12-24 06:23:32] shery : fundind rate is over high
[2016-12-24 06:23:47] ett1 : it makes sense when you are short
[2016-12-24 06:23:54] imapotato : oy vey buy my longs
[2016-12-24 06:24:03] ett1 : to go swaps, but long futures? @Speran49
[2016-12-24 06:24:46] Speran49 : not really sure
[2016-12-24 06:24:47] Freewizard : Thx Speran49
[2016-12-24 06:24:49] Speran49 : i only trade short term
[2016-12-24 06:25:08] Speran49 : im long btc overall and jump on here when i have a free night to mkae aextra money for fun
[2016-12-24 06:25:14] Speran49 : beats the hell out of driving uber
[2016-12-24 06:25:20] Speran49 : or some other shit job haha
[2016-12-24 06:25:27] Speran49 : or going out to a bar which is nonsense
[2016-12-24 06:25:27] ett1 : Speran49: ok cos if it did. couldnt i just have a short swap & a hedged long futues and earn the funding rate
[2016-12-24 06:26:46] Speran49 : uh
[2016-12-24 06:26:58] Speran49 : honestly never thought about it
[2016-12-24 06:27:01] imapotato : Is bitmex still doing maker/taker?
[2016-12-24 06:27:07] Speran49 : you oculd possibly?
[2016-12-24 06:28:46] ett1 : Speran49: will swaps stay at a premium to spot (bitstamp)
[2016-12-24 06:30:17] imapotato : I actually might just exit the perp and not buy back into the monthly yet.
[2016-12-24 06:30:24] imapotato : Feels >potentially< toppy here.
[2016-12-24 06:30:27] dodic : all quiet...