BitMEX Trollbox Userinfo

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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.

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[2016-12-28 07:31:44] dodic : the volume on huobi
[2016-12-28 07:31:48] dodic : cycles
[2016-12-28 07:31:58] dodic : when its low, tends to get realy sketch
[2016-12-28 07:32:15] dodic : at least in my observation
[2016-12-28 07:32:51] REKT : Liquidated long on `XBCZ16`: sell 10000 @ 6826.9
[2016-12-28 07:33:01] REKT : Liquidated long on `XBCH17`: sell 20000 @ 7063.4
[2016-12-28 07:33:02] REKT : Choppy waters make solid seamen!
[2016-12-28 07:33:03] shery : dodic: ah got you
[2016-12-28 07:33:08] dodic : oh damn
[2016-12-28 07:33:11] REKT : Liquidated long on `XBTUSD`: sell 500 @ 956.50
[2016-12-28 07:33:17] shery : flash
[2016-12-28 07:34:00] dodic : hodor!
[2016-12-28 07:34:06] mjones : fake out up to only dump
[2016-12-28 07:34:12] shery : hold the door
[2016-12-28 07:34:14] shery : hodl
[2016-12-28 07:34:54] MikeHunt : knew i was right about rising wedge
[2016-12-28 07:35:10] MikeHunt : rockets dead, time to eject
[2016-12-28 07:35:47] MikeHunt : hmm
[2016-12-28 07:35:53] dodic : interesting support
[2016-12-28 07:37:35] dodic : the suspense is killing me
[2016-12-28 07:38:05] ABHI7991 : 1000 by tomorrow
[2016-12-28 07:38:32] shery : ABHI7991: tommroow 980 pher 950 friday 1k
[2016-12-28 07:38:34] happy : will this go to 940?
[2016-12-28 07:39:13] dodic : all up to china
[2016-12-28 07:39:22] MikeHunt : looks like a correction to me
[2016-12-28 07:39:30] ett1 : 950 is supopt IMO
[2016-12-28 07:40:35] MikeHunt : i think i may have had chart on wong settng
[2016-12-28 07:43:04] MrRGnome : I've tried to short 4 times in the last two hours trying to find a wave down
[2016-12-28 07:43:06] MrRGnome : it just won't happen
[2016-12-28 07:43:40] dodic : strong buying support for now
[2016-12-28 07:43:53] dodic : like... as of 5 seconds ago
[2016-12-28 07:44:08] dodic : but... 5 seconds from now...
[2016-12-28 07:44:08] ett1 : real money if flowing into btc since 800 broke. this wont slow down soon
[2016-12-28 07:44:14] MrRGnome : yeah, I was lucky to get out of my several attempts without losing more than $5
[2016-12-28 07:44:20] ett1 : a move to 1200 will break many new hight along the way
[2016-12-28 07:44:39] MrRGnome : If we break 1200 I'll probably divest a 3rd of my portfolio
[2016-12-28 07:44:55] ett1 : MrRGnome: my goal is 5btc by 1200
[2016-12-28 07:45:02] ett1 : but i think its going higher
[2016-12-28 07:45:13] ett1 : will try 10btc by 2k
[2016-12-28 07:45:16] MrRGnome : your goal is to have 5 btc by then? How many do you have now?
[2016-12-28 07:45:24] ett1 : and try to keep 10-20btc on the ride to 10k
[2016-12-28 07:45:27] m3s : so you need to double within the next 250$ ? that sounds easy
[2016-12-28 07:45:45] m3s : just dont get rekt
[2016-12-28 07:45:49] ett1 : XBTUSD 17100 17.9170 XBT 844.44 954.40 845.66 + 2.4884 XBT (8.19x) 2.3332 XBT (1152.18%) -0.1257 XBT 962.48 Close Market XBTH17 7000 6.8573 XBT 1002.21 1020.81 978.99 + 0.3333 XBT (21.30x) 0.1273 XBT (91.13%) -0.0012 XBT
[2016-12-28 07:46:00] ayy_lmao : risk management
[2016-12-28 07:46:13] MikeHunt : ett1: so you willing to let this go to 650 before pulling out?
[2016-12-28 07:46:17] ayy_lmao : no one trade should margin call you
[2016-12-28 07:46:18] MikeHunt : 950*
[2016-12-28 07:46:45] ett1 : i dont think well see 920 any time soon
[2016-12-28 07:46:49] ett1 : 870 would look bearish to me
[2016-12-28 07:46:54] dodic : there is a lot of fear
[2016-12-28 07:47:01] ett1 : id probably exit some befor then and if it broke below
[2016-12-28 07:47:08] MrRGnome : I expect a significant correction to go as low as $800
[2016-12-28 07:47:14] MrRGnome : don't know when though
[2016-12-28 07:47:22] ett1 : very discretionary atm but trying to hold a long term position and time some minor swings
[2016-12-28 07:47:30] ett1 : keeping like 20k long
[2016-12-28 07:47:49] dodic : I am overall long as well but trading around it
[2016-12-28 07:48:08] MikeHunt : im just not sure long is realistic
[2016-12-28 07:48:11] ett1 : MrRGnome: i think the breakout of 800 was major and im betting on it holding above
[2016-12-28 07:48:21] ett1 : i want to keep seeing breakout
[2016-12-28 07:48:22] MikeHunt : at least atm
[2016-12-28 07:48:32] ett1 : will move stops up and watch and see
[2016-12-28 07:48:36] ett1 : buy thats my plan
[2016-12-28 07:49:00] mjones : xbth17 isnt moving up any more
[2016-12-28 07:50:08] ett1 : MikeHunt: id let it go below 950 but i think its a flash if it does
[2016-12-28 07:50:12] ett1 : unlikely
[2016-12-28 07:50:25] ett1 : but if it did would probably hold above 920
[2016-12-28 07:50:32] ett1 : id worry if id didnt and might reduce
[2016-12-28 07:51:55] ett1 : https://www.tradingview.com/x/YFm7fVHX/
[2016-12-28 07:51:57] MikeHunt : im just curious about being conservative on this exchange when the fees are low
[2016-12-28 07:52:04] MikeHunt : unless your margin/leveraging?
[2016-12-28 07:53:42] ett1 : MikeHunt: are you asking me? i dont understnad
[2016-12-28 07:54:57] MikeHunt : ett1: yeh
[2016-12-28 07:55:10] MikeHunt : ett1: i mean like why wait until 950 or so before shorting
[2016-12-28 07:55:28] ett1 : why short
[2016-12-28 07:55:44] ett1 : im not planning to short at any time
[2016-12-28 07:55:58] deeprocks : ett1: not shorting anytime?
[2016-12-28 07:56:02] deeprocks : you sure?
[2016-12-28 07:56:05] ett1 : look https://www.tradingview.com/x/YFm7fVHX/
[2016-12-28 07:56:44] deeprocks : so that is a yes?
[2016-12-28 07:56:56] ett1 : i will be long to flat
[2016-12-28 07:57:03] ett1 : i might speculate on shorts
[2016-12-28 07:57:14] ett1 : but its like 5-10% of my startegy
[2016-12-28 07:57:14] MikeHunt : ett1: supposing u knew it'd do a mini dump at 6900, would you temporarily short it for a gain?
[2016-12-28 07:57:29] ett1 : whats that on BTCUSD
[2016-12-28 07:57:47] ett1 : i would try and catch a spike as low as 920
[2016-12-28 07:57:51] ett1 : but probably wont bother
[2016-12-28 07:58:03] ett1 : no point adding 10% extra to my position
[2016-12-28 07:58:26] ett1 : a breakout of 960 would be the best time to add
[2016-12-28 07:58:49] ett1 : not spikes, i couldn be wrong and they are start of a downtrend
[2016-12-28 07:59:24] ett1 : but hunting 920 would be the obvious target. 950 is too strong to i think we are going past 960 and that wont happen
[2016-12-28 07:59:29] MikeHunt : ett1: it'd be that 994 -> 981 drop earlier on huobi
[2016-12-28 07:59:31] l3f : ett1: nothing can start a downtrend
[2016-12-28 07:59:38] l3f : there will be another shakeout
[2016-12-28 07:59:45] l3f : and we'll peak 1k
[2016-12-28 07:59:48] l3f : we can't peak 1k now
[2016-12-28 07:59:52] l3f : it seems like there's not enough momentum
[2016-12-28 07:59:55] l3f : maybe next week
[2016-12-28 08:00:16] ett1 : im pretty sure well close above 940, likely at a new high
[2016-12-28 08:00:28] ett1 : 800 is history. nice if you got cheap coins in the 800s
[2016-12-28 08:01:13] ett1 : i would be we see 1200 before 800 ever again
[2016-12-28 08:02:00] ett1 : you should already be long, so adding more right now doesnt maek much sense. but shorting is stupid
[2016-12-28 08:02:15] ett1 : we might go sideways or spike then up. but probably straight up
[2016-12-28 08:03:25] buttcoin : agreed, not enough volume right now
[2016-12-28 08:03:56] Derreck : I guess we'd see $1000 before the end of 2016 after all
[2016-12-28 08:04:25] MikeHunt : im just looking at usd/cny
[2016-12-28 08:04:32] MikeHunt : minor correction appears likely
[2016-12-28 08:04:35] MikeHunt : as we travel up
[2016-12-28 08:04:52] buttcoin : We'll probably chop in this range for a bit before the next leg up
[2016-12-28 08:09:08] dodic : wut
[2016-12-28 08:09:23] ett1 : https://www.tradingview.com/x/HvKeRXDu/
[2016-12-28 08:10:31] ett1 : ive been adding at the green lines marked
[2016-12-28 08:10:55] dodic : nice
[2016-12-28 08:11:44] MikeHunt : quite sophisticated
[2016-12-28 08:20:11] REKT : Liquidated short on `XBCZ16`: buy 12500 @ 6858.0
[2016-12-28 08:22:11] elmorte : nice username @ett1
[2016-12-28 08:22:26] ett1 : :)
[2016-12-28 08:37:55] ABHI7991 : where to check houbi in english
[2016-12-28 08:38:55] narnarfromnarnia : seems like we just sit here until wait for open of market tomorrow
[2016-12-28 08:39:33] ABHI7991 : i have kept target for 975
[2016-12-28 08:49:06] tommygunn : good morning
[2016-12-28 08:49:18] MrRGnome : hello next leg up
[2016-12-28 08:49:22] tommygunn : glad I held overnighy
[2016-12-28 08:49:32] REKT : Liquidated short on `XBCZ16`: buy 4000 @ 6886.3
[2016-12-28 08:49:32] REKT : Liquidated short on `XBTH17`: buy 10000 @ 1023.90
[2016-12-28 08:49:32] REKT : Getting chopped to death is fun, everyone should try it!
[2016-12-28 08:50:05] tommygunn : i see we hit 6900, looks like 7000 pretty easy wooow
[2016-12-28 08:52:41] tommygunn : seems 950 has strong support
[2016-12-28 08:53:31] REKT : Liquidated short on `XBCZ16`: buy 87278 @ 6912.4 **MEGA-REKT** :boom:
[2016-12-28 08:54:03] tommygunn : ouch
[2016-12-28 08:54:55] ett1 : did something happen just now. bitmex was down for me
[2016-12-28 08:55:14] ett1 : and wasnt getting feeds from bitstamo
[2016-12-28 08:55:24] tommygunn : rocket candle
[2016-12-28 08:55:25] ett1 : but everthing else was fine
[2016-12-28 08:55:51] shery : finex 962
[2016-12-28 08:56:08] tommygunn : 40 from 1k possibly today
[2016-12-28 08:59:05] shery : be aware might be a fake out
[2016-12-28 08:59:13] ayy_lmao : china gonna china
[2016-12-28 08:59:29] ett1 : beware bitcoin investment scams
[2016-12-28 08:59:38] ayy_lmao : double banga
[2016-12-28 08:59:51] tommygunn : cloud mining
[2016-12-28 09:00:45] tommygunn : bfl monarch
[2016-12-28 09:00:59] shery : finex 964
[2016-12-28 09:01:00] shery : amazing
[2016-12-28 09:01:14] shery : finex is etching to go up
[2016-12-28 09:01:17] m3s : woot really?
[2016-12-28 09:02:08] ett1 : is there a shortkey to switch from market order or limit order quickly
[2016-12-28 09:02:10] ett1 : instead of clicking
[2016-12-28 09:02:22] ett1 : hands are sweaty
[2016-12-28 09:02:31] ett1 : mouse isnt always accurate
[2016-12-28 09:02:36] shery : market is swinging very quickly ,
[2016-12-28 09:02:57] ett1 : get your fingers on the trigger
[2016-12-28 09:22:25] deep : Is bitfinex is a better website than BitMEX?
[2016-12-28 09:22:32] deep : Any one have expereince of both?
[2016-12-28 09:22:46] m3s : finex got hacked
[2016-12-28 09:23:41] ett1 : bitfinex is run by crooks
[2016-12-28 09:24:13] deeprocks : never using finex again
[2016-12-28 09:24:14] deep : looks like not good experience.....claims are very tall on website
[2016-12-28 09:24:42] MarcusZ : Yes same here. Bitfinex is run by crooks or incompetent people guilty of criminal negligence at the very least
[2016-12-28 09:24:48] ett1 : deeprocks: same, not touching them.sold bfx and withdrew in first 10 mins
[2016-12-28 09:25:01] MarcusZ : They told their customers than only 0.2% of the funds were stored in hot wallets, when it was really 100%.
[2016-12-28 09:25:21] ett1 : its a confidence job
[2016-12-28 09:25:27] ett1 : theyll say whatever they want
[2016-12-28 09:25:31] ett1 : to impress
[2016-12-28 09:27:06] deep : I see.....thank you so much guys....was thinking to set up another account...
[2016-12-28 09:27:16] REKT : Liquidated long on `ETC7D`: sell 250 @ 0.001098
[2016-12-28 09:39:50] justinlooking : i am ready
[2016-12-28 09:41:29] BitFan : for?
[2016-12-28 09:45:30] burno : action
[2016-12-28 09:55:54] ett1 : tight bull flag
[2016-12-28 09:57:27] shery : another run?
[2016-12-28 09:58:07] ett1 : who's who can, trade
[2016-12-28 09:58:14] ett1 : those thos can't, write about blockchain
[2016-12-28 10:00:03] immackay : this might be correction
[2016-12-28 10:00:06] immackay : knowing me
[2016-12-28 10:02:18] immackay : ett1: how's your night
[2016-12-28 10:02:22] wurstgelee : still eager to short, hm?
[2016-12-28 10:02:27] wurstgelee : didnt we learn anything yet? :p
[2016-12-28 10:02:36] immackay : wurstgelee: did I say that?
[2016-12-28 10:02:51] ett1 : pretty nice. BTC near new highs
[2016-12-28 10:03:01] wurstgelee : no, i wasnt addressing you specifically
[2016-12-28 10:03:07] ett1 : i was sleeping from 915
[2016-12-28 10:03:08] immackay : ah
[2016-12-28 10:03:17] immackay : I should have bought back at 860
[2016-12-28 10:03:23] immackay : When I looked at the 4h chart
[2016-12-28 10:03:23] ett1 : woke up to 950s
[2016-12-28 10:03:25] immackay : but no
[2016-12-28 10:03:32] immackay : I've been holidaying
[2016-12-28 10:03:39] ett1 : no sorry from 930
[2016-12-28 10:03:49] immackay : and I'm bitter cause I lost most the other day
[2016-12-28 10:04:40] immackay : oh well
[2016-12-28 10:04:46] immackay : if I lose this, I just won't trade anymore
[2016-12-28 10:04:52] ett1 : https://www.tradingview.com/x/HvKeRXDu/
[2016-12-28 10:04:58] ett1 : bought the green lines
[2016-12-28 10:05:17] ett1 : (adding smaller) got in biggest early
[2016-12-28 10:05:42] immackay : damn
[2016-12-28 10:06:05] immackay : I had a long back at 790 originally
[2016-12-28 10:06:13] immackay : and then I lost it all :')
[2016-12-28 10:07:10] deep : looks like preparing for another bull run.....
[2016-12-28 10:08:28] ett1 : XBTUSD 17100 17.8327 XBT 844.44 958.91 845.66 + 2.5727 XBT (7.92x) 2.4175 XBT (1193.81%) -0.1257 XBT XBTH17 9000 8.7670 XBT 1007.93 1026.58 986.41 + 0.4086 XBT (22.23x) 0.1622 XBT (90.82%) -0.0017 XBT
[2016-12-28 10:11:04] immackay : lol I want to die
[2016-12-28 10:12:25] immackay : why do I bother trying?
[2016-12-28 10:13:48] tommygunn : I caught a long on huge red candle at 575 here
[2016-12-28 10:13:48] ett1 : https://www.tradingview.com/x/YFm7fVHX/
[2016-12-28 10:14:01] ett1 : this is my outlook
[2016-12-28 10:14:03] tommygunn : was going to hold as well
[2016-12-28 10:14:24] immackay : ett1: if that's true then I'll be happy
[2016-12-28 10:14:25] immackay : but
[2016-12-28 10:14:27] tommygunn : happens to us all
[2016-12-28 10:14:28] immackay : knowing my luck
[2016-12-28 10:15:16] tommygunn : off to work buying a little here
[2016-12-28 10:15:37] immackay : 954 is pretty good compared to most other exchanges right now though
[2016-12-28 10:15:46] immackay : perhaps bitmex is feeling a little bearish?
[2016-12-28 10:17:02] shery : immackay: yeah usually it is equal to or a bit above finex
[2016-12-28 10:17:57] immackay : shery: it's even below bearstamp right now
[2016-12-28 10:20:50] ett1 : im watching for bearstamo to break 960
[2016-12-28 10:21:08] ett1 : i think mex will be a bit below till that happens, or we decide to lead the move
[2016-12-28 10:22:00] ett1 : also. funding in 1 hr so 0.3% beloe the market is pretty normal
[2016-12-28 10:24:43] immackay : if the price drops just assume I've killed myself
[2016-12-28 10:27:58] ett1 : lol
[2016-12-28 10:28:22] ett1 : question the the people that get REKT
[2016-12-28 10:28:35] ett1 : what do u do after. reload from salary?
[2016-12-28 10:28:45] ett1 : keep BTC in wallet and only trade 5%
[2016-12-28 10:28:55] ett1 : give up on trading?
[2016-12-28 10:29:07] memes : I got liquidated on xmr yesterday
[2016-12-28 10:29:16] memes : I dont even know how much I lost
[2016-12-28 10:29:32] ett1 : like people get rekt but keep reapearing
[2016-12-28 10:29:35] immackay : that's what I did, I only started with 5 percent of my total
[2016-12-28 10:29:36] memes : that's how little notice I took of it :P
[2016-12-28 10:29:50] immackay : I've added a bit more which was a mistake
[2016-12-28 10:30:10] ett1 : try and compound profits
[2016-12-28 10:30:12] immackay : after this, if I'm done, I'm just buying and holding
[2016-12-28 10:30:22] ett1 : and withdraw the original. keep that stashed
[2016-12-28 10:30:29] ett1 : that would be my strategy
[2016-12-28 10:30:35] immackay : well if I had gotten any profits the last week then I wouldn't be so bitter
[2016-12-28 10:30:37] memes : at least right now I have two longs in positive, xmr and btc
[2016-12-28 10:30:49] immackay : but I managed to trade directly against the market every single time
[2016-12-28 10:31:03] immackay : almost as if bitcoin was just telling me to go fuck myself
[2016-12-28 10:31:11] ett1 : ouch
[2016-12-28 10:31:15] ett1 : i wish i had more capital
[2016-12-28 10:31:49] ett1 : would be cool if you could let people piggyback you for a share of the profit
[2016-12-28 10:31:50] immackay : me too
[2016-12-28 10:32:05] ett1 : or invest in others
[2016-12-28 10:32:12] immackay : will this hold?
[2016-12-28 10:32:28] immackay : looks like a small dump, but
[2016-12-28 10:32:32] ett1 : i think wer about to break 960. 950 is support
[2016-12-28 10:32:45] memes : ett1: yeah it would be cool if BitMex had something like BTC-e's PAMM
[2016-12-28 10:32:48] ett1 : i dubt well see 920 but it might be worth buying a spike if it dips
[2016-12-28 10:33:05] memes : although I tried it for 6 months and the guy I was on didnt make me much at all
[2016-12-28 10:33:33] ett1 : on btc-e?
[2016-12-28 10:33:49] memes : they have this thing called pamm, Im not promoting it, dont use it
[2016-12-28 10:34:02] immackay : it would be cool if there was some sort of cryptocurrency that somehow generated money for everyone using it
[2016-12-28 10:34:02] ett1 : yes ive heard of PAMM for MT4 brokers
[2016-12-28 10:34:05] memes : but basically your money follows other guys trades
[2016-12-28 10:34:10] ett1 : but i dont trade FX
[2016-12-28 10:34:23] immackay : that sounds dangerous
[2016-12-28 10:34:37] memes : it was disappointing
[2016-12-28 10:34:46] memes : in 6 months I got like 20 cents
[2016-12-28 10:34:49] ett1 : immackay: lol, thats kinda what bitcoin does
[2016-12-28 10:35:02] ett1 : people arnt happy with the 200% you get from holding and want to gamble on alts
[2016-12-28 10:35:15] ett1 : im trying to leverage that upside growth
[2016-12-28 10:35:19] ett1 : and manage the drawdowns
[2016-12-28 10:35:28] ett1 : but stay long and ride it up
[2016-12-28 10:35:39] ett1 : go into cash when bear
[2016-12-28 10:35:40] memes : well I didnt put all my btc in Im still holding like 10 btc in my wallet
[2016-12-28 10:35:51] immackay : ett1: true, I've made money on my holdings
[2016-12-28 10:35:52] memes : just trading to get moar btc
[2016-12-28 10:36:04] ett1 : its much easier to make money on longs
[2016-12-28 10:36:20] ett1 : short term either way is harder than long term
[2016-12-28 10:36:28] ett1 : and you make money by catching big bull moves
[2016-12-28 10:36:32] ett1 : they can go 500% etc
[2016-12-28 10:36:43] memes : BTC TO 5K$
[2016-12-28 10:36:43] ett1 : shorting can go down 30% maybe
[2016-12-28 10:36:55] ett1 : its assymetrical
[2016-12-28 10:37:01] immackay : yeah
[2016-12-28 10:37:14] immackay : I should have stuck to my original plan of never shorting
[2016-12-28 10:37:33] bhinangt : yes shorting is very risky
[2016-12-28 10:37:34] ett1 : do it on alts
[2016-12-28 10:37:39] memes : I shorted this btc bull run a few times and closed in green
[2016-12-28 10:37:42] memes : was sketch thoug
[2016-12-28 10:37:43] ett1 : theyre like bitcoin but upside down haha
[2016-12-28 10:37:58] ett1 : after theyve had the first pump
[2016-12-28 10:38:05] ett1 : and made it onto top 10
[2016-12-28 10:38:15] immackay : true that
[2016-12-28 10:38:18] bhinangt : in longrun... Bitcoin will always go up... so shorting must be aoided
[2016-12-28 10:38:22] ett1 : on the way up just buy the all time highs and trail the lows
[2016-12-28 10:38:36] ett1 : dont try and buy the dips
[2016-12-28 10:39:28] ett1 : all the alts that have been around long enough to make it onto this plaftorm will be dead i think
[2016-12-28 10:39:35] ett1 : use this to short them
[2016-12-28 10:40:04] ett1 : since you cant to that on the mintpal style non-margin platforms
[2016-12-28 10:40:23] ett1 : immackay: are you english
[2016-12-28 10:40:48] immackay : ett1: not like british english
[2016-12-28 10:40:51] immackay : but yeah
[2016-12-28 10:41:18] immackay : if that's what you mean
[2016-12-28 10:41:50] ett1 : username. thought you might be scottish so youd point that out if i asked
[2016-12-28 10:42:17] MrRGnome : ett1: that might be the worst advice I have ever read
[2016-12-28 10:42:30] ett1 : MrRGnome: what bit
[2016-12-28 10:42:34] immackay : ah yeah, no, I've got a scottish name but I'm not even related to any scottish people
[2016-12-28 10:42:43] MrRGnome : "on the way up just buy the all time highs and trail the lows"
[2016-12-28 10:42:51] ett1 : ofcourse
[2016-12-28 10:43:06] ett1 : you short the highs?
[2016-12-28 10:43:11] MrRGnome : Absolutely
[2016-12-28 10:43:15] ett1 : good lick with that
[2016-12-28 10:43:16] MrRGnome : i TAKE PROFUIT
[2016-12-28 10:43:20] MrRGnome : Oops caps
[2016-12-28 10:43:27] immackay : that's the spirit
[2016-12-28 10:43:37] MrRGnome : telling people to buy the highs is literally the definition of a classic pig
[2016-12-28 10:43:39] ett1 : if a shitcoin goes up 10,000%
[2016-12-28 10:43:47] MrRGnome : You're dangerous telling people that kind of thing
[2016-12-28 10:43:51] ett1 : it will pass 100%...500% and many new high along the way
[2016-12-28 10:44:02] immackay : lol @ china selling on every bump
[2016-12-28 10:44:06] ett1 : theres no other way about it
[2016-12-28 10:44:22] MrRGnome : Because that has happened with a small handful of the hundred and hundreds of altcoins that exsit, DOESN'T make it a good idea
[2016-12-28 10:44:31] ett1 : trying to sell, will get you out too easly and miss the major move
[2016-12-28 10:44:54] MrRGnome : ETT1 yES BUT IT KEEPS YOU SAFE
[2016-12-28 10:44:54] ett1 : shorting will get you wiped out when it doubles...and doubles again
[2016-12-28 10:45:04] MrRGnome : oops, yes but it keeps you dafe
[2016-12-28 10:45:07] MrRGnome : fucking new keyboard
[2016-12-28 10:45:20] MrRGnome : Doing what you suggest will make you lose your ass eventually
[2016-12-28 10:45:22] ett1 : its a lottery ticket. you swing for the fence and target a 500%+ move on these
[2016-12-28 10:45:23] bhinangt : Manual or Bots.. which one is better for short term gains..?
[2016-12-28 10:45:34] immackay : bhinangt: manual
[2016-12-28 10:45:41] ett1 : shorting has limited upside
[2016-12-28 10:45:42] MrRGnome : ett1: It's not a lottery ticket, I can't lose my entire nut on a lottery ticket
[2016-12-28 10:46:01] ett1 : dont invest 100% gamblin on this
[2016-12-28 10:46:02] MrRGnome : What you are advocating is dangerous, and your numbers are delusional
[2016-12-28 10:46:07] ett1 : maybe 2 or 5%
[2016-12-28 10:46:07] MrRGnome : You shouldn't be evangalizing that shit
[2016-12-28 10:46:27] ett1 : yould turn it into 50% of your portifilo if right
[2016-12-28 10:46:39] MrRGnome : Seriously the WORST advice I have ever heard, and I've been listening to rapidtrades for over a year
[2016-12-28 10:46:42] MrRGnome : so that's saying something
[2016-12-28 10:46:50] justinlooking : rofl
[2016-12-28 10:46:56] ett1 : fair enough
[2016-12-28 10:47:06] bhinangt : wanted to know the cost of borrowing..... any links?
[2016-12-28 10:47:27] immackay : china making big sells, but price is holding fine
[2016-12-28 10:47:33] immackay : bhinangt: borrowing how?
[2016-12-28 10:47:40] immackay : like margin on here?
[2016-12-28 10:47:42] MrRGnome : bhinangt: https://www.bitmex.com/app/contract/XBTUSD see funding calculation
[2016-12-28 10:47:46] ABHI7991 : bhinangt: even i want to know that
[2016-12-28 10:47:49] bhinangt : margin cost...
[2016-12-28 10:47:55] immackay : yeah, go to the contracts page
[2016-12-28 10:48:02] immackay : should have links to funding
[2016-12-28 10:48:10] ett1 : MrRGnome: can we see historical funding fees
[2016-12-28 10:48:21] MrRGnome : https://www.bitmex.com/app/swapsGuide#funding
[2016-12-28 10:48:22] ett1 : funding rate
[2016-12-28 10:48:23] MrRGnome : Yep
[2016-12-28 10:48:34] immackay : isn't it capped at 0.375?
[2016-12-28 10:49:00] ett1 : i cant find any charts
[2016-12-28 10:49:02] ABHI7991 : what abt transaction cost?
[2016-12-28 10:49:39] Cryptonary : someone watching Zcash?
[2016-12-28 10:49:49] ett1 : MrRGnome: is there a chart of funding rate
[2016-12-28 10:50:17] immackay : Cryptonary: oh, shit?
[2016-12-28 10:50:24] immackay : it seems to be going up a bit
[2016-12-28 10:50:38] MrRGnome : Yeah it was in the contract specifications
[2016-12-28 10:50:40] MrRGnome : https://www.bitmex.com/app/index/.XBTBON8H
[2016-12-28 10:51:09] MrRGnome : oops wrong contract
[2016-12-28 10:51:34] ett1 : thanks
[2016-12-28 10:52:06] Cryptonary : immackay: its looking good
[2016-12-28 10:52:23] MrRGnome : https://www.bitmex.com/app/index/.XBTUSDPI8H
[2016-12-28 10:52:28] ett1 : Nov 26, 2016, 3:00:00 AM .XBTBON8H 0.7856%
[2016-12-28 10:52:31] MrRGnome : is the link for previous funding rates here
[2016-12-28 10:52:34] ett1 : isnt it capped
[2016-12-28 10:52:43] MrRGnome : I accidently linked the bfx funding rate
[2016-12-28 10:52:51] immackay : ah
[2016-12-28 10:52:54] ett1 : np
[2016-12-28 10:53:05] ett1 : my bad for not noticing
[2016-12-28 10:53:39] MrRGnome : Even these ones have values over 0.375, but I think those numbers reflect the real value of the index and it was capped for funding time
[2016-12-28 10:54:21] MrRGnome : According tot his we should have had 0.46 and 0.38 for the last two funding periods if it wasn't capped
[2016-12-28 10:54:47] ett1 : thats helpful. cheers
[2016-12-28 10:55:31] ett1 : breakout imminent...
[2016-12-28 10:55:41] MrRGnome : cheers. I'm off to bed, don't let the price go any direction but up while I'm gone.
[2016-12-28 10:55:44] immackay : will it kill me or bring me joy
[2016-12-28 10:55:54] immackay : find out next
[2016-12-28 10:56:14] ett1 : MrRGnome: bitstamp could be about to break 960 as we speak
[2016-12-28 10:56:55] ett1 : its high
[2016-12-28 11:01:28] aaaaa : bitstamp is hot
[2016-12-28 11:01:50] aaaaa : about to break that 250 wall
[2016-12-28 11:03:22] aaaaa : it is untouched for about 5 hours though
[2016-12-28 11:11:39] ett1 : i bet we spike on funding time
[2016-12-28 11:17:48] deeprocks : ett1: spike?
[2016-12-28 11:21:13] ett1 : nothing happening now. i think it will jump at that time (causing pain to sellers who try and time the funding)
[2016-12-28 11:21:28] ett1 : like yesterday 12:00
[2016-12-28 11:22:10] ett1 : sorry 2th 12:00
[2016-12-28 11:22:21] ett1 : 26th
[2016-12-28 11:24:10] justinlooking : epic volume is epic
[2016-12-28 11:25:56] REKT : Liquidated long on `XBCZ16`: sell 71 @ 6863.5
[2016-12-28 11:36:44] deep : Is funding calculations on Mark Price? I have notice that even though long is negative they deduct rather than pay....
[2016-12-28 11:37:06] aethlios : will they dump again before funding?
[2016-12-28 11:37:30] divinci : you get paid if you have a short position
[2016-12-28 11:41:55] l3f : aethlios: I'd think it's priced in already
[2016-12-28 11:42:01] l3f : nobody waits till funding to dump
[2016-12-28 11:42:07] l3f : because that's when the price is the lowest
[2016-12-28 11:42:10] l3f : because everyone dumps there
[2016-12-28 11:42:13] l3f : unless they are retarded
[2016-12-28 11:42:29] aethlios : do they count taker fee??
[2016-12-28 11:42:50] l3f : nfi
[2016-12-28 11:42:59] l3f : I'm a degenerate
[2016-12-28 11:43:08] l3f : once I become a MM then I will care
[2016-12-28 11:43:17] l3f : right now is just #buyandhold
[2016-12-28 11:44:53] memes : so goys whats you exit on btc rn
[2016-12-28 11:45:13] divinci : lots of support areas around 950 - but if that goes I think we will see 912
[2016-12-28 11:46:45] divinci : but there is soooo much support
[2016-12-28 11:47:52] Cryptonary : whats funding time guys? sorry for the noob question
[2016-12-28 11:48:06] REKT : Liquidated short on `XMR7D`: buy 3 @ 0.013714
[2016-12-28 11:49:15] divinci : Cryptonary: 12 UTC
[2016-12-28 11:49:18] elmorte : Cryptonary: every 8 hrs funding gets charged on the SWAP positions
[2016-12-28 11:49:51] Cryptonary : elmorte: @divinci thanks huys
[2016-12-28 11:49:59] elmorte : np
[2016-12-28 11:50:16] aethlios : funding battle for bitmex traders
[2016-12-28 11:51:01] REKT : Liquidated short on `XMR7D`: buy 1205 @ 0.013806
[2016-12-28 11:51:06] deeprocks : wow someone is buying
[2016-12-28 11:51:12] memes : xmr is going to break ath
[2016-12-28 11:51:19] memes : today
[2016-12-28 11:51:31] REKT : Liquidated short on `XMR7D`: buy 600 @ 0.013856
[2016-12-28 11:51:38] deeprocks : memes: tbh what is ath?
[2016-12-28 11:51:48] deeprocks : i have seen it many times here what is it
[2016-12-28 11:51:57] memes : ath - all time high
[2016-12-28 11:52:24] bingbongfly : memes: haha xmr hitting 0.024 today? you wish
[2016-12-28 11:52:37] memes : 0.24 was worth less in $ at the time
[2016-12-28 11:53:18] bingbongfly : dude it's not gonna happen today
[2016-12-28 11:53:22] bingbongfly : I'll heat my hat if it does
[2016-12-28 11:53:33] happy : so it's already ath
[2016-12-28 11:54:15] memes : one min I'll get the ath in $
[2016-12-28 11:54:17] bingbongfly : marketcap = ath
[2016-12-28 11:54:40] bingbongfly : btc ratio = not gonna happen this year, maybe next
[2016-12-28 11:55:59] memes : roughly 14.5$
[2016-12-28 11:56:21] memes : its now at 13.2$
[2016-12-28 11:57:19] deeprocks : guess no dump this funding XD
[2016-12-28 11:57:24] Cryptonary : 3 min. till funding time?
[2016-12-28 11:57:45] deeprocks : 2:24 min
[2016-12-28 11:57:45] aethlios : dump the funding bomb
[2016-12-28 11:57:51] happy : to the moon mode at 8pm
[2016-12-28 11:57:58] deeprocks : happy: what?
[2016-12-28 11:58:32] happy : this will skyrocket at 8pm?
[2016-12-28 11:58:45] deeprocks : happy: 3 hrs from now?
[2016-12-28 11:59:12] happy : oops sorry, i MEAN 1 mins
[2016-12-28 11:59:20] herpinator : whats going on at huobi?
[2016-12-28 11:59:20] happy : I mean in 1 min
[2016-12-28 11:59:31] happy : 8pm is China time
[2016-12-28 11:59:47] deeprocks : oh
[2016-12-28 11:59:47] deeprocks : maybe
[2016-12-28 11:59:50] deeprocks : i am long
[2016-12-28 12:00:15] Cryptonary : nice
[2016-12-28 12:00:19] happy : wow
[2016-12-28 12:00:35] l3f : still usury rates of funding
[2016-12-28 12:00:42] l3f : 400% APR
[2016-12-28 12:00:47] happy : only 0.0206%
[2016-12-28 12:01:16] l3f : oh what
[2016-12-28 12:01:19] l3f : mine hadn't refreshed
[2016-12-28 12:01:21] l3f : nvm
[2016-12-28 12:01:27] sleger : sad: only 0.0206%
[2016-12-28 12:02:13] happy : lol
[2016-12-28 12:02:26] REKT : Liquidated long on `WINZ16`: sell 250 @ 0.001237
[2016-12-28 12:02:26] REKT : Liquidated long on `WINZ16`: sell 1 @ 0.001257
[2016-12-28 12:02:34] REKT : Liquidated short on `XMR7D`: buy 100 @ 0.014534
[2016-12-28 12:02:57] sleger : winz yesssss
[2016-12-28 12:03:28] elmorte : oh yueaaaah
[2016-12-28 12:03:29] aaaaa : happy
[2016-12-28 12:04:19] laisee : no-one ever called a coin LOSER ... ;-)
[2016-12-28 12:04:23] elmorte : How did they arrive at the mark price for WIN?
[2016-12-28 12:05:16] BitMEX_Wally : The mark price is currently the ETCXBT price plus the fair basis
[2016-12-28 12:06:30] elmorte : BitMEX_Wally: Why is it different from ETCXBT mark price?
[2016-12-28 12:06:39] elmorte : Doesn't that already include fair basis?
[2016-12-28 12:06:51] REKT : Liquidated long on `XMR7D`: sell 165 @ 0.014382
[2016-12-28 12:07:01] sleger : elmorte: you've been here for a while
[2016-12-28 12:07:06] sleger : check what fair basis means
[2016-12-28 12:07:25] elmorte : It's been a while since I read the small print...
[2016-12-28 12:07:31] BitMEX_Wally : The fair basis is based on the order book of WINZ16
[2016-12-28 12:08:03] deep : so, I have two choices to close my position? One is complete position at MARK PRICE
[2016-12-28 12:08:21] ABHI7991 : when will it shot again?
[2016-12-28 12:08:22] deep : and another one part or full at MARKET PRICE?
[2016-12-28 12:08:24] elmorte : BitMEX_Wally: Thanks
[2016-12-28 12:08:35] ett1 : BitMEX_Wally: is it incorrect that position could be liquidated due to funding fees is you had a 0 balance wallet. Greg seemed to think so. - i.e all the PNL could be wiped out due to a small fee
[2016-12-28 12:08:43] deep : Is my understanding correct?
[2016-12-28 12:08:52] ett1 : but i remember you said that wasnt the case
[2016-12-28 12:09:04] BitMEX_Wally : deep: You cannot close at the mark price unless you submit a limit order at the mark price and wait for it to be filled
[2016-12-28 12:09:13] BitMEX_Wally : deep: You can always close at the market price which is whatever you get in the order book
[2016-12-28 12:09:46] deep : but it seems to deduct funding, it use MARK PRICE
[2016-12-28 12:09:50] BitMEX_Wally : ett1: A position cannot be liquidated due to funding being charged, as it comes out of the position margin
[2016-12-28 12:10:08] BitMEX_Wally : deep: Funding is charged based on the value of the position at the time, using the mark value so it is the same for everyone
[2016-12-28 12:10:31] ett1 : but i remember you said that wasnt the case
[2016-12-28 12:10:33] BitMEX_Wally : ett1: But after funding the mark price decays and that could liquidate a long due to unrealised PNL
[2016-12-28 12:10:46] deep : Oh! so closing at MARK PRICE means setting a limit order
[2016-12-28 12:11:13] BitMEX_Wally : deep: Closing at any price other than market price means setting a limit order
[2016-12-28 12:11:14] sleger : BitMEX_Wally: I dont understand how your answer to ett1 is possible : let's assume i go long xbtusd 100x, index price doesnt move but there are 0.375% funding charged all the time, at some point i wont have anything left ??
[2016-12-28 12:11:33] elmorte : deep: mark price is just an indicator. You can't close at the mark price unless someone is offering to counter your position at the mark price
[2016-12-28 12:11:46] BitMEX_Wally : sleger: Correct, you start with 1% init margin, and the maintenance margin will be 0.50% plus 0.375%
[2016-12-28 12:12:00] deep : got it , thanks Wally fo rthe clarifications....I am new here so getting familiarised
[2016-12-28 12:12:05] deep : with the system ...how it works
[2016-12-28 12:12:10] BitMEX_Wally : Just before the first funding the mark price will rise 0.375% so you have unrealised PNL, and then funding is charged
[2016-12-28 12:12:33] ett1 : the mark price is used for liquidations tho. im liquidated if mark <= liq price. not the market price, right?
[2016-12-28 12:12:43] BitMEX_Wally : ett1: Correct
[2016-12-28 12:13:04] BitMEX_Wally : So now you have 0.625% margin plus unrealised PNL of 0.37%, and that will slowly decay until you are liquidated in an hours time
[2016-12-28 12:13:10] ett1 : ok. the market could go below my liq price, but if mark managed to stay above id still be kept in the position
[2016-12-28 12:13:18] ett1 : or its the first one to strike?
[2016-12-28 12:13:28] BitMEX_Wally : ett1: It's only based on the mark price
[2016-12-28 12:13:30] deeprocks : ett1: i guess its mark
[2016-12-28 12:13:33] deeprocks : yep
[2016-12-28 12:13:44] ett1 : thx
[2016-12-28 12:14:08] elmorte : BitMEX_Wally: Great job avoiding massive liquidations on WINZ16.