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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-12-28 03:56:38] BitMEX_Greg : deeprocks: This is not a fee, this is a funding rate exchanges between longs and shorts. If you are short then you earn this rate [2016-12-28 03:56:55] deeprocks : BitMEX_Greg: XD my mistake [2016-12-28 03:57:08] shery : last 2 mints [2016-12-28 03:57:19] MrRGnome : BitMEX_Greg: That distinction isn't really useful if you're paying it. [2016-12-28 03:57:28] MikeHunt : so do i add 0.375% to the 0.75% to get total "fee" ? [2016-12-28 03:57:30] paniktrade : will the fee liquidate you if ur 100x? [2016-12-28 03:57:48] Angelika : paniktrade: no [2016-12-28 03:57:51] immackay : paniktrade: it raises your liquidation price [2016-12-28 03:57:58] paniktrade : ah ok [2016-12-28 03:58:01] BitMEX_Greg : MrRGnome: It is your choice if you want to pay it or not. If you want to trade the future instead then you do not need to pay it [2016-12-28 03:58:04] shery : 1 miny [2016-12-28 03:58:12] Angelika : MikeHunt: funding is separate [2016-12-28 03:58:13] paniktrade : so it will if youre close to ur liq price [2016-12-28 03:58:28] paniktrade : no funding fees on weeklys / quarts tho amirite? [2016-12-28 03:58:43] immackay : yup [2016-12-28 03:58:44] BitMEX_Greg : paniktrade: The funding is only charged on the XBTUSD swap [2016-12-28 03:59:09] shery : 50 sec [2016-12-28 03:59:18] paniktrade : ok hmm then why trade XTBUSD swap and not weeklies or quarts where there are no fees? [2016-12-28 03:59:58] BitMEX_Greg : paniktrade: You are paying a basis when you trade the futures [2016-12-28 04:00:23] tuttyking : wow [2016-12-28 04:00:26] ett1 : lol [2016-12-28 04:00:27] paniktrade : no idea what a basis is tho [2016-12-28 04:00:29] paniktrade : ouch [2016-12-28 04:00:30] paniktrade : #rek [2016-12-28 04:00:32] paniktrade : #rekt [2016-12-28 04:00:38] ayy_lmao : how bad [2016-12-28 04:00:41] BitMEX_Greg : Basis is the difference between the spot price and the futures price [2016-12-28 04:01:17] BitMEX_Greg : In bitcoin the futures price tends to be higher so we say it has a positive basis, or that the market is in contango [2016-12-28 04:02:15] paniktrade : BitMEX_Greg: but that is if u hold until settlement no? if i do a trade that is around 10 hours long wont i get the same profit % as on perpetual swaps but minus the funding fee? [2016-12-28 04:02:34] paniktrade : assuming that both rise the same amount [2016-12-28 04:02:43] BitMEX_Greg : That's a large assumption to make [2016-12-28 04:02:57] MikeHunt : whats the spikes out of line from other exchanges? [2016-12-28 04:03:45] paniktrade : BitMEX_Greg: is it tho? price structure looks the same to me on weeklies and p swaps.. anyways ill have to experiment here abit [2016-12-28 04:05:12] narnarfromnarnia : bots changing to selling position? [2016-12-28 04:05:39] paniktrade : let me ask [2016-12-28 04:05:50] paniktrade : "hey bots wat ur position?" [2016-12-28 04:05:53] paniktrade : hope they reply [2016-12-28 04:06:00] BitMEX_Greg : paniktrade: Yes its a very large assumption to make. Futures don't tend to trade 1 to 1 with spot, it may move more it may move less [2016-12-28 04:06:04] narnarfromnarnia : "epileptic" [2016-12-28 04:06:16] dodic : there is only one way to speak to bots. orders [2016-12-28 04:06:57] paniktrade : BitMEX_Greg: ok thanks for the info [2016-12-28 04:07:35] BitMEX_Greg : paniktrade: Np, but yeah if the funding irks you, try the futures. It may be a more manageable product if you are looking for holding a position [2016-12-28 04:07:58] imapotato : Stamp above finex? Wtf? [2016-12-28 04:08:24] dodic : low volume finex? [2016-12-28 04:08:40] paniktrade : BitMEX_Greg: yea i think im gna split my orders on all three to see which ones work best [2016-12-28 04:08:42] dodic : whoa still negative premium [2016-12-28 04:08:42] paniktrade : thx :) [2016-12-28 04:08:54] narnarfromnarnia : dumpy [2016-12-28 04:09:26] BitMEX_Greg : paniktrade: Yeah its actually an interesting trade in itself, Futures vs the swap. I.e. if you think the futures basis % is too low then a good trade would be to buy it and then sell the swap. Earn the swap funding in the meantime [2016-12-28 04:09:38] MikeHunt : narnarfromnarnia: aye [2016-12-28 04:10:04] paniktrade : BitMEX_Greg: exactly what i was thinkng :D [2016-12-28 04:10:14] paniktrade : narnarfromnarnia: youve been sayin that for a while now XD [2016-12-28 04:12:05] deeprocks : what price does trigger price use? [2016-12-28 04:13:29] BitMEX_Greg : deeprocks: You can set it, see the box under `Available Balance`? You can use `Last`, `Index`, or `Mark` [2016-12-28 04:14:15] deeprocks : BitMEX_Greg: thanks! [2016-12-28 04:14:53] BitMEX_Greg : deeprocks: Also pay attention to the `Close on Trigger`, if checked then the order will ONLY execute if you have a position to close [2016-12-28 04:15:13] deeprocks : yeah i read that [2016-12-28 04:15:21] deeprocks : ty [2016-12-28 04:23:11] javierstone : fuck off you motherfucking sharters [2016-12-28 04:23:30] narnarfromnarnia : wait for rekts [2016-12-28 04:23:34] javierstone : get off my dick [2016-12-28 04:25:13] javierstone : https://twitter.com/chodeshart [2016-12-28 04:25:42] halloz : o-o [2016-12-28 04:25:47] halloz : ok [2016-12-28 04:25:55] javierstone : 957.51 [2016-12-28 04:26:10] MikeHunt : javierstone: rly? [2016-12-28 04:26:14] narnarfromnarnia : what's mark price at here now? [2016-12-28 04:26:20] javierstone : MikeHunt: wud? [2016-12-28 04:26:21] imapotato : $moon [2016-12-28 04:26:26] MrRGnome : A lot of people who just discovered funding shorting now to get it [2016-12-28 04:26:29] narnarfromnarnia : how to see that when no pos open [2016-12-28 04:26:35] MrRGnome : About to get wrecked by the next leg up [2016-12-28 04:27:05] javierstone : narnarfromnarnia: because the market price is so much lower than the index [2016-12-28 04:27:09] ett1 : MrRGnome: ye swaps are better now [2016-12-28 04:27:19] ett1 : premium too high on futures [2016-12-28 04:27:26] imapotato : I have a new strategy. [2016-12-28 04:27:29] ett1 : it will fall [2016-12-28 04:27:31] narnarfromnarnia : ya i think long squeezer [2016-12-28 04:27:36] narnarfromnarnia : then fall [2016-12-28 04:27:43] narnarfromnarnia : or mini fall and hold [2016-12-28 04:27:46] narnarfromnarnia : and squeeze again [2016-12-28 04:27:48] MrRGnome : I think another leg up. [2016-12-28 04:27:52] narnarfromnarnia : death grip [2016-12-28 04:28:06] MikeHunt : before ive seen it go up across and down violently [2016-12-28 04:28:27] javierstone : this one time [2016-12-28 04:28:28] MikeHunt : (from this sort of pattern near peak) [2016-12-28 04:28:39] javierstone : great [2016-12-28 04:28:41] MikeHunt : well ive been doing this for a few years and u dont forget sights like that [2016-12-28 04:28:58] javierstone : dude they were quoting you earlier in how wrong you were [2016-12-28 04:29:16] MikeHunt : u mean u and ur longbumchumbs? [2016-12-28 04:29:55] javierstone : yer a knob [2016-12-28 04:30:49] MrRGnome : MikeHunt: You must be a professional trade just like rapidtrades [2016-12-28 04:31:39] MikeHunt : MrRGnome: im just a lowly basement dweller [2016-12-28 04:31:58] MrRGnome : Yeah, like I said, a professional trader just like rapidtrades! =) [2016-12-28 04:32:03] MikeHunt : haha [2016-12-28 04:33:26] deeprocks : have we reached the peak for now or will it rise more any ideas?" [2016-12-28 04:33:36] narnarfromnarnia : 950 [2016-12-28 04:33:45] narnarfromnarnia : new support or top [2016-12-28 04:33:47] narnarfromnarnia : for daily [2016-12-28 04:34:01] narnarfromnarnia : daily in 2hrs [2016-12-28 04:34:02] dodic : will fluctuate [2016-12-28 04:34:08] dodic : but until bad news [2016-12-28 04:34:14] dodic : uptrend [2016-12-28 04:34:28] dodic : china has insatiable apetitie for btc [2016-12-28 04:34:45] MikeHunt : i think we are in rising wedge in 1hour timeframe [2016-12-28 04:35:04] MikeHunt : nearing top trendline so it needs to correct in order to continue [2016-12-28 04:35:40] MikeHunt : i correction to ~6600-6700 would allow a further climb to ath [2016-12-28 04:35:46] narnarfromnarnia : stamp leading [2016-12-28 04:35:54] dodic : it has been insanely rockety [2016-12-28 04:36:03] l3f : BitMEX_Greg: can we get a XMRH17? [2016-12-28 04:36:04] shery : stamp 955 [2016-12-28 04:36:40] narnarfromnarnia : ya leading [2016-12-28 04:37:58] MikeHunt : china did invent the rocket [2016-12-28 04:38:06] MikeHunt : just the landing part they had issues with [2016-12-28 04:38:16] deeprocks : MikeHunt: hahaha [2016-12-28 04:38:28] ett1 : lol nice [2016-12-28 04:38:33] dodic : MikeHunt: well done [2016-12-28 04:40:30] javierstone : squeezey squeezey [2016-12-28 04:41:07] javierstone : coming for them shitz [2016-12-28 04:41:43] dodic : i've noticed way less REKTs since Christmas [2016-12-28 04:41:47] dodic : Are we learing? [2016-12-28 04:41:56] dodic : Was REKTmas enough? [2016-12-28 04:42:13] l3f : -funding from all the shorts [2016-12-28 04:42:14] l3f : lol [2016-12-28 04:42:19] l3f : pay interest to short now [2016-12-28 04:42:24] l3f : #rekt [2016-12-28 04:42:51] dodic : hah [2016-12-28 04:42:59] dodic : always interesting [2016-12-28 04:43:29] MikeHunt : rektmas was tough [2016-12-28 04:43:34] MikeHunt : totally forgot the china factor [2016-12-28 04:43:40] dodic : I almost got cleaned out [2016-12-28 04:43:41] MikeHunt : big mistake ;) [2016-12-28 04:43:46] MikeHunt : :( * [2016-12-28 04:44:05] javierstone : 60k gets us to 954.50 [2016-12-28 04:44:05] MikeHunt : i didnt loose anything, just lost out on getting 1k [2016-12-28 04:44:14] javierstone : so thin [2016-12-28 04:44:16] javierstone : run train [2016-12-28 04:45:27] javierstone : rocket ship coming [2016-12-28 04:45:33] javierstone : exchanges are catching up with cny and its noticing [2016-12-28 04:45:36] javierstone : adios sharters [2016-12-28 04:45:51] imapotato : why is finex stuck? [2016-12-28 04:45:53] imapotato : it's a graveyard [2016-12-28 04:45:56] imapotato : stamp pumping, finex zero [2016-12-28 04:46:05] MrRGnome : USD is climbing to make up for the price disparity, which is a good sign for another leg up [2016-12-28 04:46:06] javierstone : spread is less than 30 on most [2016-12-28 04:46:14] javierstone : 958 [2016-12-28 04:46:17] javierstone : lol shorts getting rekt [2016-12-28 04:46:21] javierstone : 5 3 2 [2016-12-28 04:46:23] javierstone : 1 [2016-12-28 04:46:42] javierstone : ?? [2016-12-28 04:46:43] narnarfromnarnia : here comes rekts [2016-12-28 04:46:46] dodic : AW NO! [2016-12-28 04:46:47] narnarfromnarnia : weee [2016-12-28 04:46:52] dodic : I ordered way too much! [2016-12-28 04:47:01] narnarfromnarnia : mark price gonna be 960 [2016-12-28 04:47:06] narnarfromnarnia : kaboomb [2016-12-28 04:47:12] MrRGnome : dodic: you fat finger an order? [2016-12-28 04:47:18] dodic : >.< yes [2016-12-28 04:47:22] narnarfromnarnia : ive done that [2016-12-28 04:47:28] dodic : ahh lol [2016-12-28 04:47:29] MrRGnome : Me too [2016-12-28 04:47:31] narnarfromnarnia : hover thumbed [2016-12-28 04:47:34] ett1 : narnarfromnarnia: i dont see anything hapening [2016-12-28 04:47:39] dodic : extra 0 lol [2016-12-28 04:47:46] MrRGnome : ahh shit that's a bad move [2016-12-28 04:48:15] dodic : *I'll fix this* [2016-12-28 04:48:19] MrRGnome : I've accidentally bought instead of sold, worked out though as my original call was wrong [2016-12-28 04:48:22] dodic : *I totaly knw what im doing* [2016-12-28 04:48:28] ett1 : what di u mean fat finger. too big? market exit? [2016-12-28 04:48:42] dodic : order of magnitude too big lol [2016-12-28 04:49:11] MikeHunt : upside down triangle = upside down pentagram [2016-12-28 04:49:12] ett1 : MrRGnome: I was on finex. Had like 95%in btc & 5% long LTC [2016-12-28 04:49:19] ett1 : meant to exit my smallt LTC [2016-12-28 04:49:33] ett1 : chose "SELL ALL" on LTCBTC [2016-12-28 04:49:37] ett1 : or something [2016-12-28 04:49:43] ett1 : i wanted to exit the LTC [2016-12-28 04:49:55] ett1 : but sold all my BTC for lLTC instead [2016-12-28 04:50:06] ett1 : into a falling crashing market [2016-12-28 04:50:08] dodic : ett1: o no [2016-12-28 04:50:24] ett1 : really volatile. i wanted to wait to get out at breakeven [2016-12-28 04:50:32] ett1 : but it keps runnign sown lol [2016-12-28 04:50:47] ett1 : cut my losses at 40% or so. 1 day [2016-12-28 04:50:52] ett1 : no leverage [2016-12-28 04:51:08] ett1 : that was my stupidest fat finger [2016-12-28 04:53:08] ett1 : BTW guys i think using leverage slider is much better than cross [2016-12-28 04:53:21] ett1 : gives you more control and forces you to be aware of you SL [2016-12-28 04:53:33] dodic : yeah. I'm suddenly inclined to agree [2016-12-28 04:53:59] ett1 : i spend to much time trying to do mental arithmetic to work out my risk with cross [2016-12-28 04:54:20] ett1 : margin is a bit clearer to me [2016-12-28 04:55:45] halloz : btfd [2016-12-28 04:55:59] imapotato : tiny dip [2016-12-28 04:56:00] imapotato : buy it [2016-12-28 04:56:40] dodic : the funding next time O.o [2016-12-28 04:59:42] ett1 : we should all be holding longs anyway [2016-12-28 05:05:18] javierstone : lunch is over [2016-12-28 05:06:54] zach719 : anybody got an idea where this is going [2016-12-28 05:07:00] zach719 : im debating going back in [2016-12-28 05:07:06] zach719 : sold at 952... [2016-12-28 05:07:09] MikeHunt : rising wedge in 1hr timeframe [2016-12-28 05:07:10] ett1 : to infinity [2016-12-28 05:07:12] ett1 : and beyond [2016-12-28 05:07:26] MikeHunt : correction to 6600-6700 then to moon [2016-12-28 05:07:28] MikeHunt : is my prediction [2016-12-28 05:07:54] javierstone : cool [2016-12-28 05:07:57] halloz : we're about to go up [2016-12-28 05:07:57] javierstone : love yer predictions [2016-12-28 05:07:58] deep : it will be up 960+ [2016-12-28 05:08:49] MikeHunt : javierstone: it could break out up now, i may be wrong [2016-12-28 05:09:30] ett1 : XBTUSD 17100 17.8979 XBT 844.44955.42 845.66 + 2.5075 XBT (8.13x) 2.3523 XBT (1161.64%) -0.1257 XBT XBTH17 5000 4.8630 XBT 989.86 1028.17 971.27 + 0.3141 XBT (16.28x) 0.1882 XBT (186.31%) -0.0007 XBT [2016-12-28 05:09:51] ett1 : pretty health :D [2016-12-28 05:10:00] halloz : nom nom nom [2016-12-28 05:10:01] narnarfromnarnia : just closed? [2016-12-28 05:11:15] imapotato : moon [2016-12-28 05:11:25] javierstone : ett1: who'd you vote for? [2016-12-28 05:11:40] ett1 : i dont vote. waste of time [2016-12-28 05:11:45] javierstone : attaboy [2016-12-28 05:11:54] ett1 : im not in the US, but i hate clinton [2016-12-28 05:12:31] MikeHunt : bad options all round last election [2016-12-28 05:12:38] MikeHunt : at least with trump we know what we're getting [2016-12-28 05:13:11] javierstone : ^thats not true [2016-12-28 05:13:14] ett1 : nigel farage is cool in the UK - i always liked UKIP. happy he got us out of EU [2016-12-28 05:13:39] ett1 : we'll TPTB are trying to delay it.... [2016-12-28 05:14:11] dodic : Look I love the trump effect on equities but I have NO idea what the man will do [2016-12-28 05:14:12] MikeHunt : javierstone: in what way? [2016-12-28 05:14:20] ett1 : lol trump tweeted he'd make a great ambassador to the UK [2016-12-28 05:14:31] MikeHunt : ett1: i hope he gets the job [2016-12-28 05:14:34] ett1 : our govt were like the role is already taken [2016-12-28 05:14:53] MikeHunt : $20tn debt dont disappear over night tho [2016-12-28 05:14:53] ett1 : people pissed off that trump was advising on who should be our MPs [2016-12-28 05:14:56] ett1 : etc [2016-12-28 05:15:02] javierstone : MikeHunt: he has the least amount of experience in political office vs any other president. we precisely have never experienced as a democracy like america for the next four years [2016-12-28 05:15:14] ett1 : He should invide nigel over and make him US anbassador to the UK!!!! [2016-12-28 05:15:35] dodic : he is pumping nuclear weapons [2016-12-28 05:15:36] MikeHunt : javierstone: experience involving embezzlement and running the country into the ground? [2016-12-28 05:15:40] dodic : i mean, that gives me some pause [2016-12-28 05:15:47] ett1 : give him a job in the US dealing with all UK relations lol [2016-12-28 05:15:56] javierstone : MikeHunt: no like elected office. a job where voters keep you in office [2016-12-28 05:16:24] javierstone : that presents another dimension to leadership when you have voting pressure. [2016-12-28 05:16:56] javierstone : and his business record is awful. like you could make this argument about being business if it was bloomberg or someone who actually made a shit ton of money [2016-12-28 05:17:40] ett1 : javierstone: trump has no experience in politcs you say? [2016-12-28 05:17:53] ett1 : his personal record is great [2016-12-28 05:17:54] javierstone : ett1: yes [2016-12-28 05:17:59] dodic : trump should have just been long bitcoin [2016-12-28 05:18:01] javierstone : his personal record? [2016-12-28 05:18:07] javierstone : like his companies? [2016-12-28 05:18:20] ett1 : you businessess a is separate from you personal [2016-12-28 05:18:33] ett1 : hes a great marketer and businessman [2016-12-28 05:18:34] MikeHunt : javierstone: im not a democrat though so im probably the wrong person to say that too, but hes made himself president, most powerful man on the planet [2016-12-28 05:18:36] javierstone : ett1: ok so we aren't electing him because of his business side or his political expeirence [2016-12-28 05:18:59] MikeHunt : javierstone: i cant vote for him, but i did bet on him [2016-12-28 05:19:08] MikeHunt : javierstone: it was obvious like brexit [2016-12-28 05:19:14] ett1 : its the same skill set. most of the politicians could never make it in the private sector. hes lightyears ahead [2016-12-28 05:19:47] dodic : At the end of the day, its still Goldman Sachs in charge [2016-12-28 05:19:53] ett1 : wait and see what happens. the only people who dont like him are people that wil miss the growth oportunity [2016-12-28 05:20:01] ett1 : occupy wallstreet types [2016-12-28 05:20:08] javierstone : this makes me feels dumber and more afraid reading all these chats [2016-12-28 05:20:10] MikeHunt : the advantage trump has is he can bypass the MSM [2016-12-28 05:20:22] MikeHunt : altMedia loves him [2016-12-28 05:20:49] ett1 : bypass. he plays the media like a pro? [2016-12-28 05:21:02] ett1 : they do his work for him for free [2016-12-28 05:21:08] elmorte : $7 premium on USD March futures vs CNY [2016-12-28 05:21:16] MikeHunt : unlike any previous ruler he can directly address the people [2016-12-28 05:21:35] javierstone : MikeHunt: obama could do that [2016-12-28 05:21:47] ett1 : he has a huge influence [2016-12-28 05:21:51] MikeHunt : javierstone: MSM would stonewall him if he didnt follow agenda [2016-12-28 05:21:57] ett1 : who the heck was barry obama [2016-12-28 05:22:01] ett1 : he had a book [2016-12-28 05:22:15] javierstone : MikeHunt: ya he passed the most substantial piece of healthcare legalisation in decades [2016-12-28 05:22:15] ett1 : total nobody [2016-12-28 05:22:25] javierstone : i'd say he worked msm alright in that one [2016-12-28 05:22:50] MikeHunt : javierstone: yeh that caused healthcare to go up faster than bitcoin has been [2016-12-28 05:23:00] ett1 : javierstone: you think obamacare is good? [2016-12-28 05:23:09] javierstone : trump figured out that alot of america is still low key racist af and figured out a way to message to them [2016-12-28 05:23:10] ett1 : it will suck your country dry [2016-12-28 05:23:20] javierstone : MikeHunt: regardless he got it passed [2016-12-28 05:23:22] ett1 : the medical industry + govt [2016-12-28 05:23:23] javierstone : thats an insane feat [2016-12-28 05:23:30] MikeHunt : ett1: just like the nhs sucks the UK dry [2016-12-28 05:23:39] dodic : 1) Obamacare was the republican private /public plan [2016-12-28 05:23:53] javierstone : yer all dumb i'm minimizing this bullshit [2016-12-28 05:24:08] MikeHunt : javierstone: aww, need a tissue [2016-12-28 05:24:09] MikeHunt : ? [2016-12-28 05:24:14] dodic : 2) the costs were not out of control until they started sabotaging it by removing state funding for the gap payers between poor and middle class [2016-12-28 05:24:21] imapotato : finex back ahead of bearstamp. EVERYTHING IS NORMAL AGAIN FOLKS, resume the pump! [2016-12-28 05:24:24] ett1 : https://en.wikipedia.org/wiki/List_of_largest_employers [2016-12-28 05:24:29] ett1 : ^^^ look at this [2016-12-28 05:24:31] buttcoin : going long on trump 2017 [2016-12-28 05:24:34] ett1 : UK is a tiny country [2016-12-28 05:24:43] MikeHunt : dodic: government cant run companies [2016-12-28 05:25:12] dodic : so true, that's why obamacare is a public/private thing [2016-12-28 05:25:25] MikeHunt : dodic: so fascism is your answer? [2016-12-28 05:25:51] MikeHunt : or should i use the fun words... national socialism [2016-12-28 05:25:51] dodic : hahahaha universal healthcare == nationalist socialism? [2016-12-28 05:26:00] zach719 : aight guys do this somewhere else plz this is not a chat for politics [2016-12-28 05:26:11] dodic : fair [2016-12-28 05:26:19] MikeHunt : dodic: depends , universal could be entirely government run, then its just socialist [2016-12-28 05:26:41] dodic : lets drop it, lets not turn this into polo [2016-12-28 05:26:43] MikeHunt : zach719: was there something else u wanted to talk about? [2016-12-28 05:27:32] zach719 : no im fine talking about politics but i took a shit and came back and there were like 200 comments [2016-12-28 05:27:40] zach719 : im just saying [2016-12-28 05:27:51] REKT : Liquidated long on `XMR7D`: sell 79 @ 0.013216 [2016-12-28 05:28:01] laisee : set ignore = "politics" [2016-12-28 05:28:42] ett1 : Largest employers in the world 1. US department of defense 3.2m 2. Peopled liberation Army china 2.3m 3. Walmart 2.1m 4. Macdonalds 1.9m 5. NHS 1.7m ******** 6. China national petronium corp 1.6m 7. state grid corp of china 1.5m 8. Indian railways 1.4m 9. indian armed forces 1.3m 9. Foxconn (apple manufaturers) 1.3m [2016-12-28 05:28:49] ett1 : UK is tiny [2016-12-28 05:29:25] dodic : So... if walmart had an army... [2016-12-28 05:29:31] ayy_lmao : lol [2016-12-28 05:29:45] ett1 : its not even funny [2016-12-28 05:30:16] dodic : wow foxconn us huge [2016-12-28 05:30:19] dodic : is* [2016-12-28 05:30:28] dodic : gotta churn out those iphones [2016-12-28 05:30:47] ett1 : its a disaster for the UK and for america. they should make it all private, but subsidise insurance for the poor & life threatning stuff perhaps [2016-12-28 05:31:15] ett1 : private industry, but people get state health insurance [2016-12-28 05:31:57] dodic : just pick up "surgery for dummies* [2016-12-28 05:32:18] ett1 : university isn't worth it! [2016-12-28 05:32:24] dodic : also, dat btc [2016-12-28 05:32:45] MikeHunt : ett1: thats still bad [2016-12-28 05:32:46] ett1 : the education system is flawed. i learned more about brain surgery on the internet than i did in 3 years of medical school [2016-12-28 05:33:00] dodic : well shit, now that's distubring [2016-12-28 05:33:07] MikeHunt : ett1: liberalism is like cancer, starts small and grows [2016-12-28 05:33:13] MikeHunt : it must be entirely private [2016-12-28 05:33:30] MikeHunt : if people need help they appear to charity [2016-12-28 05:33:33] dodic : *resists urge to argue* [2016-12-28 05:33:36] MikeHunt : not using gov to steal it [2016-12-28 05:33:51] MikeHunt : if ur a liberal/socialist then your a thief [2016-12-28 05:34:00] ett1 : MikeHunt: i agree but have to accept things as they are & try and tend towards that [2016-12-28 05:34:18] javierstone : break out [2016-12-28 05:34:18] MikeHunt : ett1: liberalism doesnt go away or can be trimmed, it must be cut out by order [2016-12-28 05:34:33] MikeHunt : javierstone: looks like u win, feel free to gloat [2016-12-28 05:34:57] imapotato : Your freedom will be secured by defensive technology, not order through government. [2016-12-28 05:35:01] ett1 : i like adam smith & milton friedman. they share my was of looking at things [2016-12-28 05:35:02] javierstone : MikeHunt: ya no shit what are you like 15 in some weird brittish town? [2016-12-28 05:35:10] ett1 : but ye ancap makes sense to me [2016-12-28 05:35:42] dodic : up [2016-12-28 05:35:46] dodic : not just a movie [2016-12-28 05:36:01] narnarfromnarnia : let's see the shorts get rekt [2016-12-28 05:36:23] javierstone : lunch lunchy lunchy [2016-12-28 05:36:27] imapotato : This is a cute little mini-pump. [2016-12-28 05:36:31] dodic : All systems fo [2016-12-28 05:36:35] imapotato : I'll take it. Hopefully more to follow. [2016-12-28 05:36:35] dodic : or rather... go [2016-12-28 05:36:50] ayy_lmao : finex broke new highs [2016-12-28 05:36:50] ayy_lmao : wut [2016-12-28 05:37:12] MikeHunt : ett1: i dont think milton got the biggr picture thou [2016-12-28 05:37:25] javierstone : oh shit its on [2016-12-28 05:37:31] MikeHunt : javierstone: why does my age/location matter? [2016-12-28 05:37:49] imapotato : Stamp is too close to finex. This is unnerving. [2016-12-28 05:37:50] javierstone : because you sound uneducated and someone who reads the headlines of facebook posts [2016-12-28 05:38:02] ayy_lmao : imapotato: y [2016-12-28 05:38:17] imapotato : finex has had a premium for quite a while over bearstamp. [2016-12-28 05:38:19] MikeHunt : javierstone: depends what you define as educated [2016-12-28 05:38:40] javierstone : @MikeHunt exactly [2016-12-28 05:38:48] imapotato : The premium between East and West exchanges is also shrinking. [2016-12-28 05:38:50] ett1 : well he is trading bitcoin futures contracts... [2016-12-28 05:39:04] dodic : too much UP [2016-12-28 05:39:06] imapotato : When there's no premium between China and the West, exit your longs. Don't bother shorting, but it would be safe to exit. [2016-12-28 05:39:32] dodic : imapotato: why? [2016-12-28 05:39:45] imapotato : because a potato told you to [2016-12-28 05:39:46] elmorte : imapotato: swap? [2016-12-28 05:40:02] dodic : airtight logic [2016-12-28 05:41:03] dodic : no REKT [2016-12-28 05:41:28] dodic : I was hoping for REKT [2016-12-28 05:42:44] imapotato : wow [2016-12-28 05:43:10] imapotato : Open Interest (XBTUSD swap): 6,624,689 Contracts [2016-12-28 05:43:38] dodic : whoa [2016-12-28 05:44:34] MikeHunt : iirc china buy at home, sell abroad [2016-12-28 05:44:43] MikeHunt : if west meets east, means they aint selling [2016-12-28 05:44:47] MikeHunt : i think [2016-12-28 05:45:09] ett1 : i wouldnt focus on it too much. [2016-12-28 05:45:35] ayy_lmao : all you need to look at is the chart [2016-12-28 05:46:21] happy : going to a new high??? [2016-12-28 05:46:32] ett1 : bitstamp exploded [2016-12-28 05:46:35] ett1 : up [2016-12-28 05:47:18] dodic : ok... finally it pulls back [2016-12-28 05:49:46] dodic : im tempted to just buy into this [2016-12-28 05:50:14] happy : no pull back, only up [2016-12-28 05:50:15] narnarfromnarnia : not seeing enough pull back [2016-12-28 05:50:23] narnarfromnarnia : won't be most likely [2016-12-28 05:50:26] narnarfromnarnia : look at daily [2016-12-28 05:50:30] narnarfromnarnia : 10m [2016-12-28 05:50:36] narnarfromnarnia : prepare for short rekt [2016-12-28 05:51:22] zach719 : i agree [2016-12-28 05:51:37] buttcoin : BTC-China has an ascending triangle on 10m [2016-12-28 05:51:47] narnarfromnarnia : but i would hate to buy at the top and i keep missing rides up [2016-12-28 05:53:09] ett1 : narnarfromnarnia: theres only 1 top [2016-12-28 05:53:18] ett1 : whats the chances this is it right now [2016-12-28 05:53:36] narnarfromnarnia : yea good point [2016-12-28 05:54:52] ett1 : any move that goes from 800 to 1200 will have to pass 900, 950 and many new highs along the way [2016-12-28 05:54:54] dodic : i can barely keep up [2016-12-28 05:54:59] MikeHunt : lol i just found out i was sorting with only a small percentage of my fund, thought it was all of it, phew [2016-12-28 05:55:14] MikeHunt : shorting* [2016-12-28 05:55:24] dodic : that would be painful [2016-12-28 05:55:32] narnarfromnarnia : MikeHunt: when did you go short [2016-12-28 05:55:37] narnarfromnarnia : probably time to cancel it [2016-12-28 05:55:45] narnarfromnarnia : its just going to be new money and no reason to dump [2016-12-28 05:55:45] MikeHunt : 949.5 [2016-12-28 05:55:50] ett1 : this is moon time [2016-12-28 05:55:57] ett1 : exit if it break the high [2016-12-28 05:56:01] narnarfromnarnia : liq price? [2016-12-28 05:56:05] narnarfromnarnia : 980 [2016-12-28 05:56:07] narnarfromnarnia : ? [2016-12-28 05:56:15] MikeHunt : 986 [2016-12-28 05:56:17] ett1 : stop trying to catch the turning point [2016-12-28 05:56:20] ett1 : its impossible [2016-12-28 05:56:33] ett1 : you get 1 chance and you are probably wrong [2016-12-28 05:56:41] ett1 : breakout are much easier to follow [2016-12-28 05:56:41] narnarfromnarnia : i just wait for confirmations [2016-12-28 05:56:48] narnarfromnarnia : this is a lil sketch right now [2016-12-28 05:56:51] MikeHunt : narnarfromnarnia: on what timeframe? [2016-12-28 05:56:59] narnarfromnarnia : MikeHunt: it could go right back to that price [2016-12-28 05:57:22] buttcoin : buy dem dips [2016-12-28 05:57:27] narnarfromnarnia : MikeHunt: what's your liq price? [2016-12-28 05:57:52] MikeHunt : narnarfromnarnia: 986 [2016-12-28 05:57:59] MikeHunt : narnarfromnarnia: only $80 [2016-12-28 05:58:04] narnarfromnarnia : should be okay [2016-12-28 05:58:19] narnarfromnarnia : but it feel likle it will pump and wait [2016-12-28 05:58:20] m3s : so we going to 1000? [2016-12-28 05:58:22] narnarfromnarnia : pump and wait [2016-12-28 05:58:29] narnarfromnarnia : no looking back at this point [2016-12-28 05:58:38] buttcoin : m3s: looks like it [2016-12-28 05:58:57] ett1 : MikeHunt: exit as soon as it break the high. it means we are going higher. don tlet it go from 960 to 990 lol [2016-12-28 05:59:04] ett1 : dont let it [2016-12-28 05:59:20] ett1 : risk $3 not $30 [2016-12-28 06:00:03] MikeHunt : yeh lol [2016-12-28 06:00:17] m3s : why we pumping when coyna sideways ? [2016-12-28 06:00:38] halloz : price premium [2016-12-28 06:00:38] dodic : bitstamp in the drivers seat? [2016-12-28 06:00:41] ett1 : bitcoin doesn care about china nad it doesnt care about you [2016-12-28 06:00:55] ett1 : if you want to take a trip, jump aboard this rocket ship [2016-12-28 06:00:59] halloz : china at 990 [2016-12-28 06:04:50] narnarfromnarnia : this will just inch up more and more [2016-12-28 06:06:35] ett1 : remember money had arrived [2016-12-28 06:07:13] ett1 : some people are just reacting to the 800 breakout and will FOMO to 1000-ATH [2016-12-28 06:07:19] MikeHunt : hahaha [2016-12-28 06:07:24] MikeHunt : i just noticed [2016-12-28 06:07:31] MikeHunt : im actually long [2016-12-28 06:07:36] ett1 : not everyone tradong 5min charts. think about the major move [2016-12-28 06:07:37] MikeHunt : only $80 short [2016-12-28 06:08:05] ett1 : will 998 be the top..or 1047..or 1788. who knows. [2016-12-28 06:08:19] ett1 : bitcoin doesnt retrace [2016-12-28 06:08:36] ett1 : keeps shorting, you make me meoney [2016-12-28 06:08:39] MikeHunt : it may well keep going until something happens [2016-12-28 06:08:47] ett1 : keeps shorting everyone [2016-12-28 06:08:51] ett1 : i like it [2016-12-28 06:09:09] shery : why are we pumping when china do [2016-12-28 06:09:26] dodic : is there a way to see the short interest on the contracts? [2016-12-28 06:09:55] elmorte : isn't it equal to long? [2016-12-28 06:10:30] imapotato : more pump incoming [2016-12-28 06:10:33] dodic : o shit [2016-12-28 06:10:50] flux : mex wants it [2016-12-28 06:10:51] flux : gogogo [2016-12-28 06:11:11] narnarfromnarnia : mex lead this [2016-12-28 06:11:16] rapidtrades : man IQ is rly low here... [2016-12-28 06:11:29] MikeHunt : rapidtrades: y? [2016-12-28 06:11:48] MikeHunt : im thinking 1k and then crash [2016-12-28 06:11:58] zach719 : same lmao [2016-12-28 06:12:01] MikeHunt : just outside my liq target :/ [2016-12-28 06:12:01] zach719 : i went in big [2016-12-28 06:12:02] REKT : Liquidated short on `XBTUSD`: buy 100 @ 960.28 [2016-12-28 06:12:02] REKT : Liquidated short on `XBTUSD`: buy 795 @ 960.47 [2016-12-28 06:12:09] ayy_lmao : lol [2016-12-28 06:12:12] narnarfromnarnia : here we go boys [2016-12-28 06:12:41] rapidtrades : we are now 18 above chiina march [2016-12-28 06:13:11] elmorte : rapidtrades: well, you know what to do... [2016-12-28 06:13:13] shery : narnarfromnarnia: where ? [2016-12-28 06:13:22] MikeHunt : i think they are selling at btc-e [2016-12-28 06:13:30] narnarfromnarnia : just rekts starting [2016-12-28 06:13:51] rapidtrades : MikeHunt: the chinese government? [2016-12-28 06:14:17] MikeHunt : rapidtrades: if they are corrupt employees embezzling then mayb [2016-12-28 06:14:40] MikeHunt : chinese wanna get out of yuan [2016-12-28 06:14:44] MikeHunt : they use btc to do that [2016-12-28 06:15:07] dodic : think we see 970 today? [2016-12-28 06:15:14] MikeHunt : 1k [2016-12-28 06:15:26] rapidtrades : CITATION NEEDED @MikeHunt [2016-12-28 06:15:44] MikeHunt : its a round number [2016-12-28 06:15:45] MikeHunt : lol [2016-12-28 06:15:56] MikeHunt : otherwise ascending triangle around 6900 [2016-12-28 06:16:01] rapidtrades : if that was true the net effect would be 0, buy in china sell on USD exchanges [2016-12-28 06:16:02] MikeHunt : descending* [2016-12-28 06:16:20] rapidtrades : this is just retards going full retard [2016-12-28 06:16:22] imapotato : to the moon! [2016-12-28 06:16:24] MikeHunt : 7000 cny is probably more accurate [2016-12-28 06:16:25] imapotato : bitfinex on rally high [2016-12-28 06:16:26] rapidtrades : there's no reason for this [2016-12-28 06:16:34] rapidtrades : there's absolutely no reason for this rally, he are below the highs usd/cnh hit over 1 month ago [2016-12-28 06:16:44] ayy_lmao : wut [2016-12-28 06:16:59] ett1 : yes, this bull move has no basis [2016-12-28 06:17:06] ett1 : the fundamentals are skewed [2016-12-28 06:17:16] rapidtrades : it's just hot air [2016-12-28 06:17:20] rapidtrades : like TSLA stock [2016-12-28 06:17:31] elmorte : When did we start believing the BTC market was rational? [2016-12-28 06:17:40] ayy_lmao : ^ [2016-12-28 06:17:48] ett1 : bitcoin is a popular delusion [2016-12-28 06:18:23] ett1 : it will go the same way beany babies did [2016-12-28 06:18:36] dodic : bitcoin was but a dream [2016-12-28 06:18:41] MikeHunt : potential tipping point in an hour [2016-12-28 06:18:46] javierstone : oh baby [2016-12-28 06:18:48] dodic : or a broken hatchimal [2016-12-28 06:18:50] MikeHunt : we hit the 1hr rising wedge line [2016-12-28 06:18:58] MikeHunt : at this rate [2016-12-28 06:19:02] ett1 : atleast with beany babies, when the fell in value, you still had a toy