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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[2016-12-25 15:09:02] memes : i'm just playin'
[2016-12-25 15:09:11] Zar600 : Thank u very much, my question answered
[2016-12-25 15:12:43] ett1 : BitMEX_Wally: i havnt been watching for long, but funding rate on swaps seemed really high compared to holding futures. couldnt you earn risk free interst by shorting swap & longing equal futures. what am i missing
[2016-12-25 15:15:12] rapidtrades : Rado: still long? @sleger
[2016-12-25 15:16:07] sleger : ett1: half a brain ?
[2016-12-25 15:16:43] ett1 : what do i not get
[2016-12-25 15:17:09] sleger : chat answers are limited to 15000 characters sorry
[2016-12-25 15:17:22] sleger : rapidtrades: yes
[2016-12-25 15:18:42] rapidtrades : why?
[2016-12-25 15:20:07] ett1 : sleger: you dont want everyone to know?
[2016-12-25 15:20:28] sleger : everything is public knowledge, nothing to hide
[2016-12-25 15:20:49] BitMEX_Wally : ett1: Yes you can do that, you are trading the risk of a fixed interest rate vs a floating interest rate
[2016-12-25 15:21:08] Rado : rapidtrades: I was out, but just bought some XBTH17 at 920
[2016-12-25 15:21:19] Rado : only 50
[2016-12-25 15:21:33] rapidtrades : 50'k?
[2016-12-25 15:21:37] Rado : yes
[2016-12-25 15:21:38] ett1 : ok by doing that im betting on the funding rate staying high or increasing basically
[2016-12-25 15:21:54] ett1 : whereas it could go the other way
[2016-12-25 15:22:21] rapidtrades : ett1: ADL
[2016-12-25 15:22:22] Rado : rapidtrades: my bot hasn't blown up yet
[2016-12-25 15:22:55] Rado : it's up 0.01
[2016-12-25 15:23:01] Rado : no idea if that's good or not
[2016-12-25 15:23:15] Rado : for current market conditions
[2016-12-25 15:23:18] rapidtrades : give it time, it will blow up
[2016-12-25 15:23:22] ett1 : rapidtrades: thanks i need to look into this more
[2016-12-25 15:23:38] weather b0y4 : guys, new money hitting exchanges tomorrow = up up up
[2016-12-25 15:23:50] Rado : rapidtrades: thanks of the encouraging words
[2016-12-25 15:24:19] rapidtrades : actually the 26th is a holiday in most places so UR WRONG @weather b0y4
[2016-12-25 15:24:31] ett1 : ADL benefits who?
[2016-12-25 15:24:31] weather b0y4 : hmm
[2016-12-25 15:24:39] ett1 : shorts or longs
[2016-12-25 15:24:48] weather b0y4 : well maybe tuesday then
[2016-12-25 15:25:12] rapidtrades : ett1: click on the f*Cking lights
[2016-12-25 15:26:06] rapidtrades : BitMEX_Wally: what happens to ZEC insurance fund once dec31 expires?
[2016-12-25 15:26:49] BitMEX_Wally : rapidtrades: It goes into the March 31 ZEC contract
[2016-12-25 15:27:12] ett1 : i still dont understand whether ADL benefits longs or shorts more
[2016-12-25 15:27:26] rapidtrades : BitMEX_Wally: ok tnx
[2016-12-25 15:27:29] Angelika : ett1: It's not there to benefit anyone
[2016-12-25 15:27:54] Angelika : it's for making sure the losses are dealt with
[2016-12-25 15:28:06] Angelika : some bozo like you might bet 20 BTC on 100X
[2016-12-25 15:28:12] ett1 : ok mut i mean like funding rate 'benefits' shorts
[2016-12-25 15:28:17] Angelika : if they get liquidated who pays for it?
[2016-12-25 15:28:25] ett1 : does ADL have anything like that
[2016-12-25 15:28:30] Angelika : no
[2016-12-25 15:28:43] Angelika : ADL is just to balance things out
[2016-12-25 15:28:48] ett1 : ok, so swaps i might be delevered, futures i cant
[2016-12-25 15:28:50] rapidtrades : ett1: not really, in practice maybe but that's not part of the design
[2016-12-25 15:29:01] ett1 : ok thx
[2016-12-25 15:29:03] rapidtrades : re swap interest rates
[2016-12-25 15:29:25] Angelika : you can get deleveraged on any contract
[2016-12-25 15:29:54] ett1 : thx
[2016-12-25 15:30:25] ett1 : all lights mean my % chance of being delevered is what
[2016-12-25 15:30:30] ett1 : like 50%?
[2016-12-25 15:30:37] ett1 : or 10%
[2016-12-25 15:30:48] laisee : pretty good
[2016-12-25 15:31:04] elmorte : Yeah, I'd take that bet
[2016-12-25 15:31:10] ett1 : and it would close all the position of a portion
[2016-12-25 15:31:23] ett1 : or*
[2016-12-25 15:32:32] laisee : until the guy on the other end is nit overleveraged
[2016-12-25 15:32:35] rapidtrades : anyway my point was it's not a risk free arb cos bitcoin futures always carry a risk...either clawbacks or ADL
[2016-12-25 15:32:50] elmorte : Can you see the insurance fund per contract?
[2016-12-25 15:32:55] rapidtrades : not yet
[2016-12-25 15:33:03] rapidtrades : hope they implement this soon
[2016-12-25 15:33:11] elmorte : Then that aggregate is pretty useless
[2016-12-25 15:33:20] ett1 : laisee: so a portion at first but posibbly all?
[2016-12-25 15:33:58] rapidtrades : elmorte: well u know +100 BTC is from ZEC...so fund is not that big right now
[2016-12-25 15:34:07] laisee : yes. as its called - deleveraging.
[2016-12-25 15:34:15] elmorte : I didn't..thanks
[2016-12-25 15:34:24] rapidtrades : likely most of that 50 btc is on swap
[2016-12-25 15:34:30] ett1 : deleveraging could happen if i wasnt close to my own stop, but others were getting REKT right?
[2016-12-25 15:34:41] rapidtrades : yes
[2016-12-25 15:34:42] laisee : rapidtrades: u funded the insurance from ur ZEC days ...
[2016-12-25 15:34:43] ett1 : only happens in adverse conditions
[2016-12-25 15:34:51] laisee : yup
[2016-12-25 15:35:03] ett1 : ok cool, got it. thanks a lot
[2016-12-25 15:35:07] laisee : got ADL'ed multiple times on ZEC
[2016-12-25 15:35:10] rapidtrades : also ADL usually happens when ur profit
[2016-12-25 15:35:11] elmorte : I had all 5 lights on earlier, and position was in a loss....
[2016-12-25 15:35:28] elmorte : I thought....yeah, what rapid just said
[2016-12-25 15:35:33] ett1 : all lights means all green?
[2016-12-25 15:35:35] rapidtrades : but if ur arbing, one part of the trade will always be in profit
[2016-12-25 15:35:38] weather b0y4 : where d i see these lights? under the contract details?
[2016-12-25 15:35:39] ett1 : i have a last yelloe
[2016-12-25 15:35:44] elmorte : ett1: flashing red
[2016-12-25 15:35:45] ett1 : in the example it has last one red
[2016-12-25 15:35:58] rapidtrades : yeah thats confusing...I asked them to keep em save color
[2016-12-25 15:35:59] elmorte : It's brown on my screen
[2016-12-25 15:36:00] ett1 : ok so yellow is fine
[2016-12-25 15:36:07] rapidtrades : same color*
[2016-12-25 15:36:14] laisee : orderbook top right under the settings icon
[2016-12-25 15:36:26] ett1 : meybe they should make it like a slider or something
[2016-12-25 15:36:28] rapidtrades : or make them on/off only not transparent
[2016-12-25 15:36:36] ett1 : more intuitive
[2016-12-25 15:37:06] rapidtrades : i would prefer a 1-10 number tbh but i guess this 'looks prettier'
[2016-12-25 15:37:24] elmorte : Yeah, it's less confusing
[2016-12-25 15:37:41] elmorte : Just wish I knew what it meant
[2016-12-25 15:37:48] laisee : 44 point font spelling out ADL in either green or red, according to your position/
[2016-12-25 15:38:00] ett1 : i guess when youve got one coming, not much you can do but hope for a rebound is that right
[2016-12-25 15:38:21] rapidtrades : u can make two accounts and trade ur ADL
[2016-12-25 15:38:31] elmorte : Size of the font should be proportional to your chance of getting ADLd
[2016-12-25 15:38:40] rapidtrades : that will incur a small trading cost
[2016-12-25 15:38:51] rapidtrades : and some idiot can hit ur bid before u do
[2016-12-25 15:39:02] rapidtrades : ask sleger he's the expert on this
[2016-12-25 15:39:18] laisee : have u tried this winning strategy, rapids?
[2016-12-25 15:39:26] rapidtrades : not yet
[2016-12-25 15:39:32] REKT : Liquidated short on `XBTH17`: buy 500 @ 926.86
[2016-12-25 15:40:07] rapidtrades : all the new chicks here are sleger's ADL accounts
[2016-12-25 15:40:10] laisee : sounds like an old bitmex traders myth imo
[2016-12-25 15:40:32] ett1 : sounds like trying to force or manipulate the market
[2016-12-25 15:40:35] rapidtrades : it's not a myth sleger does it
[2016-12-25 15:40:43] ett1 : is that the idea
[2016-12-25 15:40:58] ett1 : or did i not understand what you menat by trading your ADL
[2016-12-25 15:41:11] Angelika : 870k bid
[2016-12-25 15:41:27] shery : thats too big
[2016-12-25 15:41:49] rapidtrades : it costs 0.05% per trade but perhaps that's cheaper then re-entering his big size
[2016-12-25 15:41:51] shery : must be awhale or 100x trade
[2016-12-25 15:41:54] laisee : go 100X1 using 1BTC and let ADL handle the worst case?
[2016-12-25 15:42:18] rapidtrades : yeah if that's the case we'll see some fireworks soon
[2016-12-25 15:42:20] ett1 : ADL happens to those closest / next to being stopped out? or it could happen if the market is far away from your own liquidation
[2016-12-25 15:42:41] rapidtrades : ADL usually happens to ppl in profit
[2016-12-25 15:42:45] weather b0y4 : hmmm, i am at 3 a yllow
[2016-12-25 15:42:55] aethlios : the 1 million dollar bid, I welcome large traders!
[2016-12-25 15:42:59] ett1 : rapidtrades: so your hedged if the other account reduces its size?
[2016-12-25 15:43:21] elmorte : You split the risk
[2016-12-25 15:43:23] shery : that order is big
[2016-12-25 15:43:28] ett1 : haha nice. i want to have a million dollar position some day
[2016-12-25 15:43:52] thomaskikansha : ...and its pulled
[2016-12-25 15:43:58] shery : gone
[2016-12-25 15:44:16] anondran : fake
[2016-12-25 15:44:16] rapidtrades : ofc it's gone....prolly a shortie filling his asks
[2016-12-25 15:44:29] rapidtrades : u schmucks
[2016-12-25 15:44:59] ett1 : rapidtrades: if theres a bull market, i bet bitmex leads and stays at premium
[2016-12-25 15:44:59] Angelika : rapidtrades: who trades based on bids in the order book?
[2016-12-25 15:45:07] ett1 : watch and see if im right
[2016-12-25 15:45:10] rapidtrades : Angelika: bots
[2016-12-25 15:45:21] shery : shorts might close now so we may up quickly in bitmex
[2016-12-25 15:45:35] ett1 : Angelika: ye best just to ignore it
[2016-12-25 15:45:38] rapidtrades : wow btce down to 845
[2016-12-25 15:46:35] rapidtrades : maybe it's time i revisit the old site
[2016-12-25 15:46:49] elmorte : Ah crap, I got 5 lights again
[2016-12-25 15:47:13] ett1 : elmorte: your short right?
[2016-12-25 15:47:22] REKT : Liquidated short on `XBTUSD`: buy 2369 @ 872.66
[2016-12-25 15:47:28] ett1 : are you close to your stops / liq
[2016-12-25 15:47:29] laisee : are they flashing?
[2016-12-25 15:47:30] elmorte : This is on my long
[2016-12-25 15:47:40] ett1 : hmm
[2016-12-25 15:47:43] elmorte : laisee: siren too
[2016-12-25 15:47:59] elmorte : ett1: no, nowhere near
[2016-12-25 15:48:00] laisee : oh, thats not good :-/
[2016-12-25 15:48:03] ett1 : im trying to understand how this works. you are liong BTC so going more in profit
[2016-12-25 15:48:14] shery : upward push
[2016-12-25 15:48:27] laisee : and someone is getting further in loss
[2016-12-25 15:48:37] shery : we need one more good geen to touch 880
[2016-12-25 15:49:13] elmorte : ett1: I had all lights on earlier lb the same position when it was in the red...So fck if I know
[2016-12-25 15:49:42] elmorte : On the same position*
[2016-12-25 15:49:52] ett1 : elmorte: ok so its not when you are close to liq but other traders trigger ADL so your close sooner
[2016-12-25 15:50:01] ett1 : its the other side of the coin
[2016-12-25 15:50:06] REKT : Liquidated short on `XBTUSD`: buy 5123 @ 874.37
[2016-12-25 15:50:18] thomaskikansha : back to 6300
[2016-12-25 15:50:22] elmorte : I think it's when other traders are closer to liqdn
[2016-12-25 15:50:35] ett1 : elmorte: ok lets pray it doesnt happen to me im kinda confused
[2016-12-25 15:50:43] ett1 : can i ask what instrument
[2016-12-25 15:50:46] REKT : Liquidated short on `XBTUSD`: buy 16000 @ 874.99
[2016-12-25 15:50:50] elmorte : But it would really suck to get ADLd while in the loss
[2016-12-25 15:50:57] elmorte : China March
[2016-12-25 15:51:21] ett1 : is one more at succeptable to ADL happening than others. like
[2016-12-25 15:51:39] thomaskikansha : no ADL as there is insurance fund?
[2016-12-25 15:51:56] elmorte : thomaskikansha: but we're not sure how much per contract
[2016-12-25 15:51:56] ett1 : elmorte: what contract is it
[2016-12-25 15:52:10] elmorte : China March dude
[2016-12-25 15:53:21] REKT : Liquidated short on `XBTUSD`: buy 500 @ 876.94
[2016-12-25 15:54:22] weather b0y4 : ok, ill cross my fingers i dont get liquidated and leave =)
[2016-12-25 15:54:32] weather b0y4 : gl all
[2016-12-25 15:55:25] ett1 : elmorte: are you trading on high leverage
[2016-12-25 15:55:54] shery : shorts liuidation starting
[2016-12-25 15:56:28] ett1 : just tryig to understand when its more likely to happen
[2016-12-25 15:58:36] elmorte : ett1: 7.05 atm. I'm on Cross
[2016-12-25 15:58:46] elmorte : My leverage has nothing to do with my ADL
[2016-12-25 15:59:13] ett1 : thanks, ye im pretty hi levered and not close
[2016-12-25 15:59:17] ett1 : thanks
[2016-12-25 15:59:41] elmorte : How it used to work before was that liquidations were system(contract) wide. So if there was a system wide loss, everyone in the green took a haircut
[2016-12-25 15:59:41] halloz : Yum - cheap coins
[2016-12-25 15:59:59] ett1 : i need to figure it out later
[2016-12-25 16:00:14] elmorte : They amended that to just the most profitable positions taking gradual haircuts...or deleveraging
[2016-12-25 16:00:55] ett1 : the biggers winners pay first
[2016-12-25 16:00:57] elmorte : I don't get how being -10% was counted as top1% of profitable positions....
[2016-12-25 16:01:02] elmorte : ett1: exactly
[2016-12-25 16:01:23] elmorte : but if -10% was top 1%, I pray for the others! :)
[2016-12-25 16:01:57] ett1 : haha ok. like a tax on the higher earners sort of thing
[2016-12-25 16:02:13] elmorte : ett1: yeah...you had enough sir, now go home...
[2016-12-25 16:02:15] ett1 : elmorte: lol
[2016-12-25 16:02:19] thomaskikansha : BOOM
[2016-12-25 16:04:09] mariomarco : :D
[2016-12-25 16:04:15] mariomarco : immmaaa baaaaack
[2016-12-25 16:07:25] elmorte : is there a name to the format that the websocket spits out? Is it JSON?
[2016-12-25 16:07:48] thomaskikansha : short liq inc
[2016-12-25 16:08:05] ett1 : yes it will be JSON
[2016-12-25 16:08:13] mbaril : 2000 btc bought on btcchina
[2016-12-25 16:08:32] elmorte : cool...now to find a parsing library....
[2016-12-25 16:08:41] m3s : was that it for the christmas dump ?
[2016-12-25 16:09:02] m3s : cuz that was weak af
[2016-12-25 16:09:35] ett1 : ye i think it was a shake, this could turn into a short squeezze
[2016-12-25 16:10:26] m3s : my bid at 861 didnt get filled :( missed by 0,2
[2016-12-25 16:10:37] mjones : Woot glad i longed the bottom. Choo choo
[2016-12-25 16:10:48] mjones : Btc back on track towards ath
[2016-12-25 16:11:07] ett1 : i felt it was a great level to buy but didnt want to bring my liq up closer
[2016-12-25 16:13:09] m3s : 880 still great
[2016-12-25 16:13:20] m3s : will be 900 in no time
[2016-12-25 16:13:56] Angelika : $1000 is a magnet now
[2016-12-25 16:14:02] Angelika : everyone is anticipating it
[2016-12-25 16:14:05] sleger : Angelika: I'm a magnet
[2016-12-25 16:14:06] m3s : was getting paid for my longs nice
[2016-12-25 16:14:09] sleger : a chick magnet
[2016-12-25 16:14:29] ett1 : m3s: ye and basically free coming up
[2016-12-25 16:14:35] Angelika : sleger: what does your girlfriend think about that
[2016-12-25 16:14:47] m3s : ett1: yup. good times
[2016-12-25 16:15:00] sleger : I cant help it, she is used to it
[2016-12-25 16:15:11] ett1 : Angelika: she finds it replusive
[2016-12-25 16:15:19] ett1 : jk
[2016-12-25 16:15:46] Angelika : sleger are you in North America right now?
[2016-12-25 16:16:52] Angelika : if you are come visit me
[2016-12-25 16:17:17] ett1 : what. there is noone from north america on bitmex i thought! canadians /mexicasmaybe
[2016-12-25 16:18:16] Angelika : ett1: I think the biggest crowd here is from Canada
[2016-12-25 16:18:17] happy : anyone shorting this/
[2016-12-25 16:18:36] Angelika : happy: why would you short?
[2016-12-25 16:18:44] Angelika : you think the direction is down?
[2016-12-25 16:18:53] happy : anyone shorting Bitcoins now
[2016-12-25 16:19:02] sleger : Angelika: yes I am, where are you?
[2016-12-25 16:19:17] happy : IDK, It looks bearish to me..
[2016-12-25 16:19:45] ett1 : this looks bearish???
[2016-12-25 16:19:59] Angelika : sleger: Vancouver
[2016-12-25 16:20:02] happy : yeah, short term
[2016-12-25 16:20:36] ett1 : im lholding long & looks to be turning back my way
[2016-12-25 16:20:48] sleger : west coast, that's far !
[2016-12-25 16:20:58] Angelika : yes
[2016-12-25 16:21:11] ett1 : 665 users
[2016-12-25 16:21:16] ett1 : almost
[2016-12-25 16:21:28] happy : i thought this is going to touch sub 800, and then bonce to 1000.. Just maybe
[2016-12-25 16:21:43] ett1 : 420 bots lol
[2016-12-25 16:22:00] ett1 : im seeing patterns
[2016-12-25 16:22:07] Angelika : I don't know if I am counted in both
[2016-12-25 16:22:19] Angelika : I am running a bot and connected to the site to chat
[2016-12-25 16:22:39] elmorte : Angelika: apparently you are
[2016-12-25 16:22:45] elmorte : maybe your alter ego too
[2016-12-25 16:22:51] m3s : happy: that would be sweet
[2016-12-25 16:23:23] Angelika : elmorte: then the count needs to be 1000000
[2016-12-25 16:23:41] REKT : Liquidated short on `XBTUSD`: buy 200 @ 884.47
[2016-12-25 16:24:18] Tr : easy short on the bulltrap
[2016-12-25 16:24:25] elmorte : Angelika: severe schizophrenia?
[2016-12-25 16:24:28] Angelika : Tr: go ahead
[2016-12-25 16:24:37] memes : mmm them sweet sweet btc gains
[2016-12-25 16:24:37] Angelika : let us know your size and price
[2016-12-25 16:25:38] happy : Any shorts here?
[2016-12-25 16:25:52] Angelika : happy: there are as much shorts as longs in here
[2016-12-25 16:26:10] Angelika : they are just not posting
[2016-12-25 16:26:19] memes : I wonder why
[2016-12-25 16:26:55] ett1 : not everyones trading manually shortish term
[2016-12-25 16:27:04] ett1 : most arnt id be
[2016-12-25 16:27:40] Tr : classic noob money thinking its bottomed out and trying to get in again
[2016-12-25 16:28:12] happy : looks like bear trap is coming in.
[2016-12-25 16:28:24] Tr : the trap was this rise
[2016-12-25 16:28:32] Tr : classic bulltrap actually
[2016-12-25 16:28:39] ett1 : short squeeze now
[2016-12-25 16:28:47] mariomarco : Tr: ;^)
[2016-12-25 16:28:48] ett1 : panic and shorts last few house
[2016-12-25 16:29:13] Tr : this type of rise also known as "another chance to get the f out" rise
[2016-12-25 16:29:23] happy : lol
[2016-12-25 16:29:36] ett1 : lets see....
[2016-12-25 16:30:08] l3f : https://www.tradingview.com/chart/BTCUSD/BO28sQbB-Giant-middle-finger-forming-on-hourly-chart/
[2016-12-25 16:30:08] happy : winer winer chicken diner
[2016-12-25 16:30:20] mariomarco : l3f: ahhaa epic
[2016-12-25 16:30:24] ett1 : as of right now, most of the longs are in a winning position, and anyone short is losing. except the traders in the last day or 2 perhaps
[2016-12-25 16:31:00] Tr : u had tons of spots to short yesterday
[2016-12-25 16:31:04] Tr : and still be a winner for now
[2016-12-25 16:31:19] ett1 : l3f: This idea was hidden for violating one or more of TradingView's House Rules :(
[2016-12-25 16:31:25] mariomarco : Tr: twisting the knife are we
[2016-12-25 16:31:35] l3f : ett1: censored for being too radical
[2016-12-25 16:31:50] memes : l3f: the charts are talking to you dude
[2016-12-25 16:32:22] happy : tomorrow you will say the same thing. I still feel this will go to sub 800 and bonce
[2016-12-25 16:32:47] ett1 : im curious what it was
[2016-12-25 16:33:57] Angelika : happy: sub 800 will be very bearish
[2016-12-25 16:34:33] dodic : lol sub 800 I would buy so much BTC and just wait for tuesday
[2016-12-25 16:34:41] dodic : and then i'd be rich
[2016-12-25 16:34:46] Tr : price was sub 800 whole december almost
[2016-12-25 16:34:59] Tr : people are instantly entitled to the last highs lol
[2016-12-25 16:35:06] Angelika : Tr: but you didn't buy because you are bearish
[2016-12-25 16:35:08] ett1 : well never see that again...
[2016-12-25 16:35:16] l3f : https://i.imgur.com/msicI4z.png
[2016-12-25 16:35:22] ett1 : it was sub 100 whole 2011
[2016-12-25 16:35:28] Tr : why are u assuming if i am bearish or not
[2016-12-25 16:35:49] Tr : being bearish or bullish is a small time window state
[2016-12-25 16:35:54] Tr : its not permanent lol
[2016-12-25 16:36:00] mariomarco : l3f: next level trading brah
[2016-12-25 16:36:07] l3f : mariomarco: of course
[2016-12-25 16:36:18] mariomarco : i applaud your analysis :D
[2016-12-25 16:36:27] memes : "shorting this coin to zero" xD
[2016-12-25 16:36:40] dodic : btc is a scam
[2016-12-25 16:36:43] Tr : i just dont get why people think that BTC is bound to go down forever and every move down is a "dip" that will be bought up soon
[2016-12-25 16:36:51] Tr : go up forever*
[2016-12-25 16:36:51] ett1 : l3f: haha thx. i meant we may not see sub 800 again
[2016-12-25 16:37:13] l3f : more like next level shitposting
[2016-12-25 16:37:25] memes : its not that I dont believe its going to go down again, just that this bullrun isnt done yet
[2016-12-25 16:37:37] Tr : how do you know
[2016-12-25 16:37:46] Tr : are you in Skype with president of Bitcoin?
[2016-12-25 16:37:54] halloz : Tr: I think it's gonna be like that till we react ATH - then that tune will probably change
[2016-12-25 16:38:00] halloz : reach*
[2016-12-25 16:38:12] memes : me and the bitcoin committee communicate solely though dogecoin messages
[2016-12-25 16:38:15] memes : and memes
[2016-12-25 16:38:17] dodic : President of Bitcoin = Trump
[2016-12-25 16:38:27] Tr : where does the certainty that ATH will be repeated and not stay ATH comes from, i dont understand
[2016-12-25 16:38:39] halloz : I thought al gore invented it
[2016-12-25 16:38:41] dodic : supply and demand?
[2016-12-25 16:38:45] memes : self fulfilling prophecy
[2016-12-25 16:39:18] Tr : what do you mean by supply and demand
[2016-12-25 16:39:23] dodic : shitty china bond market? limited BTC supply?
[2016-12-25 16:39:24] ett1 : i dont get why everybody thinks that btc could be a global mainstrwam currency like the dollar, or that its somehow an solution to the problems created by central banks
[2016-12-25 16:39:26] Tr : supply is irrelevant, demand is questionable
[2016-12-25 16:39:38] Tr : limited supply means nothing
[2016-12-25 16:39:59] Tr : look at shitcoins like LTC, its limited supply, ATH was 50$ or so, do you think its coming again any time soon? In your lifetime?
[2016-12-25 16:40:03] ett1 : more than 80% of the bitcoin have already been mined
[2016-12-25 16:40:14] ett1 : less than 10% remaining. its effectively fixed
[2016-12-25 16:40:17] ett1 : economic 101
[2016-12-25 16:40:20] ett1 : demand and supply
[2016-12-25 16:40:27] ett1 : if one is fixed
[2016-12-25 16:40:27] mariomarco : Tr: basically nothing means nothing, stocks bonds options derivatives crypto
[2016-12-25 16:40:33] mariomarco : its all manipulation over speculation
[2016-12-25 16:40:35] mariomarco : over money
[2016-12-25 16:40:39] ett1 : then price is solely determined by demand
[2016-12-25 16:40:41] mariomarco : no substantial matter in any of it
[2016-12-25 16:40:43] dodic : yeah but BTC is seen as a non inflationary wealth store
[2016-12-25 16:40:43] dodic : like gold
[2016-12-25 16:40:51] ett1 : higer demand higher price
[2016-12-25 16:40:58] ett1 : adoption is growing exponentially
[2016-12-25 16:41:02] Tr : being limited supply does not entitle you to get infinite price rise
[2016-12-25 16:41:06] dodic : so people see it as a safe zone when their currency is going crazy
[2016-12-25 16:41:11] Angelika : ett1: that is not true
[2016-12-25 16:41:24] dodic : actually.. since most currencies are inflationary
[2016-12-25 16:41:27] Angelika : 14 million bitcoins have been mined so far. This represents two thirds of the 21 million bitcoin limit.
[2016-12-25 16:41:31] dodic : it should go up forever
[2016-12-25 16:41:38] dodic : if fiats stay infaltionary
[2016-12-25 16:41:48] dodic : inflationary*
[2016-12-25 16:41:49] ett1 : Angelika: no its more than that
[2016-12-25 16:41:56] ett1 : 14mil is onld numbers
[2016-12-25 16:41:56] mariomarco : dodic: go up forever comparing to what
[2016-12-25 16:42:00] ett1 : old
[2016-12-25 16:42:07] dodic : compared to fiats like USD
[2016-12-25 16:42:09] mariomarco : value of something in itss core means that its uncomparable
[2016-12-25 16:42:22] mariomarco : dodic: fiats like usd arent worth the paper they are printed on
[2016-12-25 16:42:34] dodic : yeah... but they inflate by policy
[2016-12-25 16:42:41] mariomarco : inflate or no
[2016-12-25 16:42:52] mariomarco : they are instrinsically valueless, they are a promise nothing else
[2016-12-25 16:43:08] dodic : all true, its jsut a promise by government
[2016-12-25 16:43:20] mariomarco : would you give me 5btc if i promiseed that my paper is worth 5btc because im an ok guy?
[2016-12-25 16:43:22] dodic : but the policy of that gov is to have it inflate at some low rate
[2016-12-25 16:43:35] Tr : USD is imaginary
[2016-12-25 16:43:41] elmorte : mariomarco: only if I can sell it for 5.5
[2016-12-25 16:43:44] mariomarco : leprechaun style
[2016-12-25 16:43:57] ett1 : Angelika: over 16m have been mined https://www.quandl.com/data/BCHAIN/TOTBC-Total-Bitcoins
[2016-12-25 16:44:07] mariomarco : elmorte: fair enough, my ppl will contact you with the latest paper design, with a golden hippo logo
[2016-12-25 16:44:09] dodic : so yes btc will continue to go up since it has intrinsic value... like gold
[2016-12-25 16:44:33] mariomarco : dodic: btc has a different kind of value but id agree
[2016-12-25 16:44:42] Tr : I am just not subscribing to the BTC theories that it will bubble in circles forever to 1 million per coin and stuff
[2016-12-25 16:44:57] Spofas : merry festivus boys
[2016-12-25 16:45:07] laisee : y not?
[2016-12-25 16:45:12] elmorte : Tr: it might...our kids might count in satoshis
[2016-12-25 16:45:15] mariomarco : Tr: the point of btc imo is not for it to be worht anythig like any fiat money
[2016-12-25 16:45:20] dodic : heh
[2016-12-25 16:45:24] jung1 : Hello milionaires
[2016-12-25 16:45:25] elmorte : assuming y'all get out and procreate
[2016-12-25 16:45:29] dodic : hahaha
[2016-12-25 16:45:38] jung1 : Merry xmas
[2016-12-25 16:45:51] dodic : merry xmas
[2016-12-25 16:45:55] Tr : if you would've asked ppeople in 2013-2014 about BTC price they would predict like 10K or even 100k+ in 2016
[2016-12-25 16:45:58] Tr : the delusions are insane
[2016-12-25 16:45:59] mariomarco : elmorte: no thank you, not with all the vaccines and autistic diesease
[2016-12-25 16:46:20] mariomarco : Tr: i think the btc should be at around price of gold
[2016-12-25 16:46:26] jung1 : Tr: it could be 10k in 2020
[2016-12-25 16:46:30] mariomarco : although price of gold is manipulated AF
[2016-12-25 16:46:30] Headroom : summer 2011 "btc will touch 1000usd" "no come on you r crazy", now I'm saying it will touch 10.000, same reaction but it is not so illogic when you think about it, I have a lot of time...
[2016-12-25 16:47:11] Tr : Headroom you just cant draw conclusions from prev historic patters, its not how the world works
[2016-12-25 16:47:19] happy : what about ZCASH, will it touch 2M
[2016-12-25 16:47:28] mariomarco : 1m for sure :P
[2016-12-25 16:47:33] mariomarco : vitalik is in ZEC
[2016-12-25 16:47:34] Headroom : yeah I just started to trade, thx for the lesson
[2016-12-25 16:47:38] mariomarco : where vitalik goes money follow
[2016-12-25 16:47:58] Tr : Headroom its not even about the trade, more like any prognosis/predictions
[2016-12-25 16:48:01] memes : I'm just ahppy its possible to short zcash now
[2016-12-25 16:48:02] Headroom : I know that, I'm not using patterns, I hate patterns, why are you talking about patterns ? xD
[2016-12-25 16:48:09] ett1 : vitalik is a peter thiel sponsored fall guy
[2016-12-25 16:48:40] Tr : Headroom i just point out thta thinking that BTC will multiply in price yearly because it did so during his first years is a fallacy
[2016-12-25 16:49:05] Headroom : that's not why I'm bullish...
[2016-12-25 16:49:10] Headroom : you talk to me, think for me :P
[2016-12-25 16:49:18] elmorte : I'm not using patterns, I hate patterns, why are you talking about patterns ? <- a pattern
[2016-12-25 16:49:33] ett1 : Tr: the poeple wo predicted 10k are a lot closer to gettin git right, than the poeple who lauch or ignore it
[2016-12-25 16:50:19] Tr : ett1 Thats not actually true, even people who predicted 0$ are techically more "right" than people who predicted 10k
[2016-12-25 16:50:30] ett1 : still up 10x, which is an amazing achievement. so what if you thought it would be 100x
[2016-12-25 16:50:52] mariomarco : ett1: btc is up 1 000 000x since it got its USD price
[2016-12-25 16:50:59] Tr : Most of my coins are from 100-150 range
[2016-12-25 16:51:02] mariomarco : it was 0.0007XX
[2016-12-25 16:51:17] ett1 : ye i was just takeing like 2013:
[2016-12-25 16:51:20] ett1 : it was $1 and lower
[2016-12-25 16:51:24] Headroom : limited amount, 40 billions invested by the biggest financial instutions around the world, banks just finished to study it and are ready to deploy the BTC use in many sectors
[2016-12-25 16:51:35] ett1 : it could go another 100x. there no limit to the upside
[2016-12-25 16:51:38] Headroom : with the politic plan to remove cash, it wil help too
[2016-12-25 16:51:47] ett1 : not like a company or stoock
[2016-12-25 16:51:59] memes : Headroom: dont confuse btc with blockchain
[2016-12-25 16:52:08] Tr : there is not much of a downside too if a competitor will arise
[2016-12-25 16:52:12] Headroom : I don't
[2016-12-25 16:52:18] mariomarco : memes: heretic, btc IS the blockchain
[2016-12-25 16:52:23] mariomarco : the THE
[2016-12-25 16:52:26] Tr : BTC isnt entitled to be "the crypto" forever, no matter what
[2016-12-25 16:52:31] Headroom : they focus on BTC, so let's buy BTC
[2016-12-25 16:52:48] ett1 : computers are pretty neat, but its the keyboard technology that gets me really excited
[2016-12-25 16:53:24] Tr : BTC still slow as f and transactions take forever, and its somewhat China centralized currency actually
[2016-12-25 16:53:26] memes : like they have first mover advantage but other currencies have a lot of better features
[2016-12-25 16:54:10] memes : idk what it would take for another crypto to take btc's place though
[2016-12-25 16:55:10] Tr : This is actually so boring now
[2016-12-25 16:55:26] Tr : we need another black swan event
[2016-12-25 16:55:30] Tr : Some exchange hack, etc
[2016-12-25 16:56:02] rapidtrades : so we retraced 8.6%....not enough to kill the rally
[2016-12-25 16:56:17] Tr : the rally is usually killed slowly
[2016-12-25 16:56:21] Tr : not during 1 candle
[2016-12-25 16:56:33] ett1 : rapidtrades: your bullish? i am
[2016-12-25 16:56:39] rapidtrades : it's the opposite actually @Tr
[2016-12-25 16:57:11] rapidtrades : funny, same % retracement both here and on btce
[2016-12-25 16:57:31] rapidtrades : f*cking bots
[2016-12-25 17:00:36] Tr : where are the bear bros at
[2016-12-25 17:03:22] happy : just waiting, patience will bring you money
[2016-12-25 17:05:15] Nerve : Uuuuhhh $881
[2016-12-25 17:05:39] Nerve : i'm wonder how much will resist above $800 ?!
[2016-12-25 17:06:01] laisee : dive dive dive ....
[2016-12-25 17:06:09] happy : this will not drop below 800
[2016-12-25 17:06:16] Nerve : $800 @sorry
[2016-12-25 17:06:18] Tr : right
[2016-12-25 17:06:20] Nerve : 880
[2016-12-25 17:06:28] laisee : u didnt give a date
[2016-12-25 17:06:46] Tr : how did it drop last time from 900-1000$?
[2016-12-25 17:06:54] Tr : did 800$ hold?
[2016-12-25 17:07:20] Nerve : i meant how much will stay above 880 today !!!
[2016-12-25 17:07:26] halloz : It dropped due to the Mt.Goxing no wonder 800 didnt hold
[2016-12-25 17:07:32] happy : I trust charts and news.
[2016-12-25 17:07:35] halloz : not the same situation today
[2016-12-25 17:08:05] ett1 : until bitfinex does something...
[2016-12-25 17:08:11] Nerve : if Bitfine will be hack....ask yourself
[2016-12-25 17:08:27] laisee : thats what they do best
[2016-12-25 17:08:28] Tr : You are wrong though, MTGox was whole another drop
[2016-12-25 17:08:30] mariomarco : "hack" "bitfinex" "cease trading" "engine problems"
[2016-12-25 17:08:31] Nerve : ett1: true bro
[2016-12-25 17:08:37] Tr : the first bubble up of ATH had nothing to do with MTGOX
[2016-12-25 17:08:48] mariomarco : 875
[2016-12-25 17:09:06] Nerve : Here we go...
[2016-12-25 17:09:19] mariomarco : weeee
[2016-12-25 17:09:25] laisee : have a giid feeling about this
[2016-12-25 17:09:36] mariomarco : laisee: gently caress?
[2016-12-25 17:09:37] ett1 : until the ATH, bitcoin WAS mtgox
[2016-12-25 17:10:07] laisee : mariomarco: the rolla coaster
[2016-12-25 17:10:09] ett1 : unless you consider the SR & bitcointalk forums
[2016-12-25 17:10:10] Tr : ye ATH was fakely caused by MtGox, and now chinese exchanges doing the same thing
[2016-12-25 17:10:12] Tr : :D
[2016-12-25 17:11:38] Nerve : LONG's knights are doing well theres jobs !
[2016-12-25 17:11:53] Tr : i will consider going long @540
[2016-12-25 17:11:57] ett1 : mariomarco: it was real up ti
[2016-12-25 17:12:17] ett1 : till $
[2016-12-25 17:12:49] ett1 : 300. only the ATH was caused by fake buying from gox printing USD
[2016-12-25 17:13:03] halloz : Gox bots
[2016-12-25 17:13:11] ett1 : real up until $300
[2016-12-25 17:14:48] Tr : people really forgot how well China can dump
[2016-12-25 17:15:15] Tr : all it really takes is yet another one of these "China bans BTC news"
[2016-12-25 17:17:59] laisee : china lhas large dump every weekend
[2016-12-25 17:18:16] REKT : Liquidated long on `XBTUSD`: sell 4500 @ 878.52
[2016-12-25 17:18:20] halloz : I don't think china cares much about something with a 14b market cap.
[2016-12-25 17:19:56] laisee : except when its used to take money out of china and FX reserves are vanishing
[2016-12-25 17:20:11] halloz : Sure they can say something on state sponsored television, or block certain search queries...but thats a ways away from them shutting down mining operations and suspending exchanges
[2016-12-25 17:26:31] happy : Any one believe Bitcoin is going to crash to sub 800!
[2016-12-25 17:28:06] Tr : sub 800 is not a crash
[2016-12-25 17:28:12] Tr : 250, that would be a crash
[2016-12-25 17:28:25] mariomarco : Tr: THIS +1
[2016-12-25 17:29:37] laisee : 800 wd be a resting point for 1k
[2016-12-25 17:29:52] Tr : or a resting point for 250
[2016-12-25 17:30:57] mariomarco : haahha :D Tr is tough on longers
[2016-12-25 17:30:59] Tr : just because price was above 1k for a very short period on MtGox doenst mean you cant consider the recent 935$ on Huobi a double top
[2016-12-25 17:34:04] Tr : Not sure why people think that price should go exactly to what it was @ATH to be considered top
[2016-12-25 17:36:59] HoldOn2urShort : Red dildo incoming
[2016-12-25 17:44:50] halloz : The pump bots are about to take us higher ??
[2016-12-25 17:55:34] REKT : Liquidated short on `XBTZ16`: buy 4000 @ 881.60
[2016-12-25 17:57:28] agelmar : temporary sideways, long is up.
[2016-12-25 17:59:29] rapidtrades : guys up or down
[2016-12-25 18:01:15] Tr : agelmar thats exactly what people were saying 24 ago lol
[2016-12-25 18:01:38] Tr : "sideway, or up", then it crashed "ooops"
[2016-12-25 18:01:47] rapidtrades : there was much Rektage past 24 hours
[2016-12-25 18:02:44] Tr : indeed
[2016-12-25 18:02:51] Tr : some people went long at 930
[2016-12-25 18:04:07] buttcoin : buy the dips!
[2016-12-25 18:04:37] Tr : dem dips
[2016-12-25 18:05:08] Tr : i heard u like dem dips so i did put a dip into his dip so it would dip more
[2016-12-25 18:05:26] rapidtrades : everyone is home and slowing own my internet
[2016-12-25 18:05:35] rapidtrades : reddit was down earlier
[2016-12-25 18:05:49] rapidtrades : normies need to get their asses back to 9-5
[2016-12-25 18:05:53] buttcoin : take them out, one by one
[2016-12-25 18:06:07] Tr : abandon the ship