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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[2016-12-31 12:12:32] MoneySeeMoneyDo : how can this restrict bitcoin?
[2016-12-31 12:12:37] MoneySeeMoneyDo : you are going to have to explain that
[2016-12-31 12:13:31] Tr : ?
[2016-12-31 12:13:45] Tr : do you think that buying BTC doesnt fall into the category of "selling yuan"
[2016-12-31 12:14:37] Tr : yuan leaking and Gov makes limits now
[2016-12-31 12:14:38] Tr : good game
[2016-12-31 12:14:40] MoneySeeMoneyDo : how?
[2016-12-31 12:15:45] rapidtrades : how what
[2016-12-31 12:16:27] Tr : they dont magically transfer money into the exchanges
[2016-12-31 12:16:39] Tr : now they will have limits and have to explain where and why they wire it
[2016-12-31 12:16:42] MoneySeeMoneyDo : they also don't pull a lot of money out
[2016-12-31 12:16:46] Tr : unless ofc all the buyers are fake
[2016-12-31 12:16:52] MoneySeeMoneyDo : i think people misunderstand what the volume players in china are doing with their bitcoin
[2016-12-31 12:17:18] MoneySeeMoneyDo : but china banks already do kyc with exchanges
[2016-12-31 12:17:26] MoneySeeMoneyDo : having money and aml controls with exchanges isn't even new
[2016-12-31 12:17:31] MoneySeeMoneyDo : it's the rate and amount of money that is new
[2016-12-31 12:17:40] MoneySeeMoneyDo : nothing has changed in terms of procedure other than money signals
[2016-12-31 12:17:44] Tr : so you think cutting the money supply
[2016-12-31 12:17:47] Tr : wont hav eany effects
[2016-12-31 12:17:49] Tr : :D
[2016-12-31 12:17:58] MoneySeeMoneyDo : you are saying that bitcoin is being banned because of this, effectively
[2016-12-31 12:18:05] MoneySeeMoneyDo : of course money supply changes may change something
[2016-12-31 12:18:11] Tr : its an irocny but
[2016-12-31 12:18:12] MoneySeeMoneyDo : it's not the same as saying this effectively bans bitcoin
[2016-12-31 12:18:12] Tr : point stands
[2016-12-31 12:18:16] Tr : less money less buying
[2016-12-31 12:18:17] MoneySeeMoneyDo : your statements are overreaction
[2016-12-31 12:18:50] Tr : every china related news where always followed by a huge dump
[2016-12-31 12:20:11] 16longbtc : Just like my lovvvve ever last ING
[2016-12-31 12:20:12] MoneySeeMoneyDo : also you should understand, when a chinese buyer converts to usd
[2016-12-31 12:20:16] MoneySeeMoneyDo : it's not like they are sending money OUT of china
[2016-12-31 12:20:25] MoneySeeMoneyDo : they literally are sending it into offshore yuan and use markets
[2016-12-31 12:20:30] MoneySeeMoneyDo : which are still controlled by china
[2016-12-31 12:20:57] rapidtrades : yes they are
[2016-12-31 12:21:03] rapidtrades : that's exactly what's going on
[2016-12-31 12:21:06] MoneySeeMoneyDo : the difference between onshore yuan and use accounts as far as i know is the rate
[2016-12-31 12:21:16] rapidtrades : buy BTC in China, sell BTC on usd exchanges
[2016-12-31 12:21:41] rapidtrades : technically it may be a loophole but in practice there's no doubt it's capital flight
[2016-12-31 12:22:05] rapidtrades : they will have to specifically target bitcoin exchanges to end it though
[2016-12-31 12:22:53] MoneySeeMoneyDo : i don't think they will od that
[2016-12-31 12:23:41] rapidtrades : https://imgur.com/a/3qoUC
[2016-12-31 12:23:49] rapidtrades : a little trip down memory lane
[2016-12-31 12:26:24] rapidtrades : the two options are: 1 china places those restrictions and price crashes 2 china doesn't place those restrictions and price slowly falls as ppl calm down and stop panic buying in fear of restrictions
[2016-12-31 12:28:46] Tr : policies doesnt even have to work
[2016-12-31 12:28:52] Tr : market will eat up any news
[2016-12-31 12:29:34] REKT : Liquidated short on `FCT7D`: buy 100 @ 0.003254
[2016-12-31 12:30:17] rapidtrades : first we hit 1k though :)
[2016-12-31 12:30:25] Tr : china already did
[2016-12-31 12:30:40] rapidtrades : China doesn't count
[2016-12-31 12:30:45] Tr : ye sure
[2016-12-31 12:30:47] rapidtrades : 1000 DOLLARS
[2016-12-31 12:30:58] Tr : it was 1000 dollars in china
[2016-12-31 12:31:00] rapidtrades : it's the big one
[2016-12-31 12:31:04] rapidtrades : the tripple zero
[2016-12-31 12:31:18] rapidtrades : Tr: NO IT WASN'T COS CHINA DOESN'T TRADE DULARDS
[2016-12-31 12:31:21] Tr : just because it wasnt 1000 on all exchanges it doesnt count lol
[2016-12-31 12:31:27] rapidtrades : ur dense
[2016-12-31 12:31:59] Tr : what about btc-ee
[2016-12-31 12:32:05] Tr : do we wait to them to hit 1000 before dumping too
[2016-12-31 12:32:11] rapidtrades : no
[2016-12-31 12:32:37] emirate : why the all market is bad
[2016-12-31 12:33:18] rapidtrades : wait a minute
[2016-12-31 12:33:26] rapidtrades : why is ETC > ETH right now
[2016-12-31 12:33:46] Tr : just a polo pump
[2016-12-31 12:33:47] rapidtrades : oh my bad...f*cking decimals
[2016-12-31 12:34:11] Tr : lol
[2016-12-31 12:34:15] rapidtrades : if I had it my wayt I would invert all BTC pairs
[2016-12-31 12:34:30] rapidtrades : so it would be BTC\ETC
[2016-12-31 12:35:10] rapidtrades : 119.617 is much easier on the brain then 0.00836
[2016-12-31 12:37:05] Tr : https://blockchain.info/tx/3d9ffe4f847738863f14d7811484cce02b192c41702f2d27c974ec90d6902c9a
[2016-12-31 12:37:08] Tr : wtf is that lol
[2016-12-31 12:37:14] Tr : satoshi preparing his bags?
[2016-12-31 13:04:01] negamax : bitmex withdrawals are not being done today?
[2016-12-31 13:06:58] mariomarco : any admins here?
[2016-12-31 13:09:07] shery : I am waiting for withdraw too
[2016-12-31 13:09:48] mariomarco : motherfucking scam btc
[2016-12-31 13:11:53] happy : why withdraw?
[2016-12-31 13:12:54] BitMEX_Wally : Withdrawing are being processed at the moment
[2016-12-31 13:12:58] BitMEX_Wally : *withdraws
[2016-12-31 13:18:37] shery : BitMEX_Wally: tnx for clarification
[2016-12-31 13:54:52] happy : wow
[2016-12-31 13:57:28] rapidtrades : happy: sup?
[2016-12-31 13:57:54] sleger : probably nothing
[2016-12-31 13:57:57] sleger : he's just happy
[2016-12-31 13:59:04] rapidtrades : I would be happy too if I was called happy
[2016-12-31 13:59:27] shery : rapidtrades: yu cant be happy becaouse happy is only happy
[2016-12-31 14:00:06] sleger : ^ dumb and not funny
[2016-12-31 14:38:15] oladpeter : How can I set margin by default?
[2016-12-31 14:40:45] sleger : oladpeter: system remembers previous choices
[2016-12-31 14:46:22] Headroom : omg so many people, what are you waiting the last day of the year (and week-end) ? xD
[2016-12-31 14:46:48] Headroom : ho god let me leave it fast xD good luck gamblers
[2016-12-31 14:54:34] REKT : Liquidated short on `XMR7D`: buy 50 @ 0.014601
[2016-12-31 15:08:23] happy : to the moon???
[2016-12-31 15:11:29] MoneySeeMoneyDo : happy: not yet
[2016-12-31 15:11:36] MoneySeeMoneyDo : but 970 not out of the question
[2016-12-31 15:11:54] happy : this is on the edge
[2016-12-31 15:11:56] SilverKnight : MoneySeeMoneyDo: yep my thoughts exactly
[2016-12-31 15:12:21] MoneySeeMoneyDo : SilverKnight: i have had three good trades in the row, playing with the space between the blollinger bands
[2016-12-31 15:12:38] SilverKnight : which time frame?
[2016-12-31 15:12:54] MoneySeeMoneyDo : i go in and out of 5 minutes and 30 minutes
[2016-12-31 15:13:00] MoneySeeMoneyDo : now on the three minutes
[2016-12-31 15:14:08] MoneySeeMoneyDo : right now I am looking at buying in at about 954
[2016-12-31 15:14:13] MoneySeeMoneyDo : and selling anything close to 960 or over
[2016-12-31 15:14:23] MoneySeeMoneyDo : good range over the past two hours if you look back
[2016-12-31 15:15:54] happy : MoneySeeMoneyDo: Sideway is going to end.
[2016-12-31 15:17:34] REKT : Liquidated short on `XBTUSD`: buy 4500 @ 955.22
[2016-12-31 15:19:46] MoneySeeMoneyDo : time to pay attention folks
[2016-12-31 15:26:53] cookielito : interesting
[2016-12-31 15:27:02] cookielito : dont you all think?
[2016-12-31 15:27:26] cookielito : im going to make 2000% in the next week or so
[2016-12-31 15:27:37] cookielito : this time im withdrawing
[2016-12-31 15:27:37] happy : cookielito: Are you long? or short
[2016-12-31 15:27:49] cookielito : at the very moment short
[2016-12-31 15:27:56] cookielito : but extremely short term
[2016-12-31 15:28:04] cookielito : like next 15 minutes
[2016-12-31 15:28:10] cookielito : not even
[2016-12-31 15:28:35] happy : Target to 950?
[2016-12-31 15:28:41] happy : or even lower
[2016-12-31 15:28:50] cookielito : not even
[2016-12-31 15:29:00] cookielito : im fairly conservative in that respect
[2016-12-31 15:29:06] cookielito : like to get in and out quick
[2016-12-31 15:29:43] happy : lol don't you need to pay fees, if you trade super short term
[2016-12-31 15:30:00] cookielito : how so?
[2016-12-31 15:30:09] cookielito : for being a taker?
[2016-12-31 15:30:30] happy : Oh, ok
[2016-12-31 15:30:44] cookielito : I typically try not to take
[2016-12-31 15:30:46] happy : So, you are a maker?
[2016-12-31 15:30:56] cookielito : the majority of the time
[2016-12-31 15:31:09] happy : cool
[2016-12-31 15:31:30] cookielito : Ive been wanting to make a bot for makking here
[2016-12-31 15:31:34] cookielito : https://www.google.com/patents/US6775378
[2016-12-31 15:31:41] cookielito : father invented this
[2016-12-31 15:31:48] BitMEX_Sam : cookielito: See https://github.com/BitMEX/sample-market-maker to get started
[2016-12-31 15:31:58] cookielito : the call center....
[2016-12-31 15:32:12] cookielito : got it sam
[2016-12-31 15:32:33] cookielito : from my experience alot of exchanges have very poor APIs
[2016-12-31 15:32:55] cookielito : I was the the most demanding developer for cryptsy, bittrex
[2016-12-31 15:33:02] cookielito : as far as calls
[2016-12-31 15:33:46] cookielito : me and the old man want to get back into it
[2016-12-31 15:33:55] cookielito : because now is time
[2016-12-31 15:35:34] cookielito : bitmex_sam: you guys arnt looking for bad ass programmers that created billion dollar products are you?
[2016-12-31 15:35:49] cookielito : C, C++ guys
[2016-12-31 15:40:08] yoloshi : sam, i was thinking...
[2016-12-31 15:40:48] BitMEX_Sam : cookielito: I think you'll be quite pleased with our API.
[2016-12-31 15:40:57] BitMEX_Sam : We're not looking for C/C++ guys, unfortunately.
[2016-12-31 15:41:38] cookielito : you guys will definitely see our activity
[2016-12-31 15:41:41] cookielito : :)
[2016-12-31 15:42:52] happy : price dropping on huobi
[2016-12-31 15:43:28] yoloshi : the reference market maker could be modified to be less "abusive?" by revising more distant orders less frequently
[2016-12-31 15:47:01] BitMEX_Sam : yoloshi: It certainly could be, you can set a higher `RELIST_INTERVAL`
[2016-12-31 15:53:59] MikeHunt : happy: seems only the whales are keeping this alive
[2016-12-31 15:55:41] happy : MikeHunt: tired of watching
[2016-12-31 15:57:10] Naloxone : MikeHunt: I think, at most part, these are not whales, but wash trade bots used by the chinese duo
[2016-12-31 15:58:49] MikeHunt : Naloxone: anywhere i can learn about that?
[2016-12-31 15:59:40] BitMEX_Jack : Happy New Year 2017!!!
[2016-12-31 16:00:02] cookielito : Naloxone: Im confused can you tell me a little more about that?
[2016-12-31 16:00:04] MikeHunt : Naloxone: nvm, found it here for anyone else that wants it : http://www.investopedia.com/terms/w/washtrading.asp
[2016-12-31 16:00:07] Angelika : BitMEX_Jack: Happy New Year!!!
[2016-12-31 16:00:29] MikeHunt : is it new year in BitMex land?
[2016-12-31 16:01:11] BitMEX_Sam : It is
[2016-12-31 16:01:21] shery : Happy new year Guys although its 3 year away in my country
[2016-12-31 16:03:05] BitMEX_Sam : :+1: :sparkles:
[2016-12-31 16:04:26] cookielito : happy new year!
[2016-12-31 16:04:29] Naloxone : MikeHunt: This is my opinion. Those mega market buy orders (500-1000 BTC) to prevent nearly every dump, for some reason, happen only on the Chinese exchanges
[2016-12-31 16:05:19] Tr : yep, its all a scam
[2016-12-31 16:05:35] Tr : miners need to cashout high
[2016-12-31 16:05:36] MikeHunt : Naloxone: the chinese exchanges are the leaders so i would expect them to lead the pack
[2016-12-31 16:05:50] Tr : how can you constantly cashout at high prices?
[2016-12-31 16:06:01] Tr : fake buy orders with fake yuan that noone can prove you are doing
[2016-12-31 16:06:05] Tr : and keep the price inflated
[2016-12-31 16:06:54] Tr : what exactly the flaw in this plan
[2016-12-31 16:07:03] Tr : noone will invistiage huobi ever
[2016-12-31 16:07:14] Tr : just make a bots trading with each other with 0 fees
[2016-12-31 16:07:36] startChat : its like fake news. an order is an order. it just means less when there are no fees
[2016-12-31 16:07:51] Tr : how do u know order is true
[2016-12-31 16:08:07] Tr : they are pretty much proven to fake their volume
[2016-12-31 16:08:14] Tr : but you think they cant go further?
[2016-12-31 16:10:27] Tr : how can u explain
[2016-12-31 16:10:34] Tr : the volume difference between west and east
[2016-12-31 16:10:43] Tr : u think millions of chinese are into bitcoin trading?
[2016-12-31 16:10:45] Tr : bullshit
[2016-12-31 16:11:11] Tr : if you want to see real volume from real people look stamp, btc-e
[2016-12-31 16:11:14] MikeHunt : Tr: due to capital flight everyone there is buying it up
[2016-12-31 16:11:25] Tr : this is a bullshit myth
[2016-12-31 16:11:27] cookielito : its true
[2016-12-31 16:11:37] cookielito : chinks want out
[2016-12-31 16:12:01] MikeHunt : Tr: i agree that it's definately manipulated but chinese do buy bitcoin and sell in west to escape capital controls
[2016-12-31 16:12:05] Tr : do you realize they have like 30x more volume
[2016-12-31 16:12:09] MikeHunt : Tr: its even more obvious in the capital market
[2016-12-31 16:12:30] Tr : i am not buying that 30x more volume comes from legit chinese buyers
[2016-12-31 16:12:31] MikeHunt : housing*
[2016-12-31 16:12:32] Tr : its all bullshit
[2016-12-31 16:13:00] cookielito : probably about 10 times more
[2016-12-31 16:13:01] MikeHunt : Tr: you mean buying and selling using bitcoin? yeah i agree
[2016-12-31 16:13:07] cookielito : the other 20 is bots
[2016-12-31 16:13:17] cookielito : run by either americans or chinese
[2016-12-31 16:13:22] cookielito : on the chinese exchanges
[2016-12-31 16:13:35] Tr : did anyone ever questioned these exchanges
[2016-12-31 16:13:46] Tr : to show the proof that they actually hold all these coins they trade
[2016-12-31 16:13:50] Tr : and its not just numbers
[2016-12-31 16:14:31] cookielito : one coin can go back and forth
[2016-12-31 16:14:36] cookielito : many many times
[2016-12-31 16:15:20] Tr : yes but i am sure that can be counter in the calculation
[2016-12-31 16:15:44] Tr : i bet their real wallet is thin as hell
[2016-12-31 16:21:13] MikeHunt : so i guess the question is how long they can maintain the manipulation
[2016-12-31 16:21:20] MikeHunt : if it costs them nothing to do it
[2016-12-31 16:24:25] j8 : manipulating volume is easy, but no one can really manipulate the price significantly over long periods
[2016-12-31 16:24:30] rullwull : you can see real crowd panic buys volumes in china if you look at btcchina volumes of 2013 pump, it was around 80-100K btc per day
[2016-12-31 16:25:47] rullwull : there is no crowd interest in bitcoin anymore in china, so the current volumes are fake
[2016-12-31 16:26:43] rullwull : i know it because i was living in china for 4 years and was there during 2013 pump
[2016-12-31 16:30:42] MikeHunt : rullwull: so other than the odd capital flight, not much interest?
[2016-12-31 16:32:07] rullwull : there are many other ways to send money out of china for 0,5-1% @MikeHunt
[2016-12-31 16:33:56] MikeHunt : rullwull: yeh some have been buying houses and other stuff abroad
[2016-12-31 16:34:21] REKT : Liquidated short on `XBTUSD`: buy 10 @ 957.07
[2016-12-31 16:34:34] rullwull : i would say that the current price movement is fully manipulated however it was predicted by TA, but still not enough fundamentals. Wait for collapse of western economy or banking system, than bitcoin will fly
[2016-12-31 16:35:09] MikeHunt : rullwull: what about the banks that back the exchanges though?
[2016-12-31 16:35:55] MikeHunt : my fear is that if the banks fail they could take bitcoin with it or severely limit its value
[2016-12-31 16:36:13] MikeHunt : rullwull: at least temporarily until people start using it to trade with directly
[2016-12-31 16:36:53] rullwull : you can send yuan locally and receive usd on western account for 0,5-1%, maybe this year it became more expensive, not sure but its very simple, rather than buy bitcoins or houses@MikeHunt
[2016-12-31 16:37:29] MikeHunt : rullwull: all i know is the chinese gov are clamping down
[2016-12-31 16:37:32] j8 : fundamentals are pretty meaningless if you're not talking about several months timeframe or longer
[2016-12-31 16:40:38] j8 : rullwull: they're only allowed to exchange 50k USD per year per citizen though, right
[2016-12-31 16:41:52] rullwull : yes, you are talking about legal option, but there are many other ways, chinese are very adaptive
[2016-12-31 16:44:36] rullwull : wish all the best to all of you and Bitmex in a New Year, need to go, see you later or already next year:)
[2016-12-31 16:45:05] BitMEX_Sam : :wave:
[2016-12-31 17:04:42] cookielito : I will be shocked if we dont see 1000 by midnight NYC time
[2016-12-31 17:08:33] mariomarco : cookielito: how much nyc time is now
[2016-12-31 17:08:48] cookielito : its mid day
[2016-12-31 17:08:52] cookielito : so in 12 hours
[2016-12-31 17:09:03] mariomarco : aha
[2016-12-31 17:09:05] mariomarco : thank you
[2016-12-31 17:16:49] MikeHunt : cookielito: china saw 1000 already
[2016-12-31 17:17:06] cookielito : I know
[2016-12-31 17:17:16] MikeHunt : we make up 7% of the market
[2016-12-31 17:20:01] cookielito : we as in?
[2016-12-31 17:23:19] $$ : cookielito: are you market making on xbth17?
[2016-12-31 17:23:34] cookielito : not yet
[2016-12-31 17:23:36] cookielito : why?
[2016-12-31 17:24:12] cookielito : there seems to be some market making activity?
[2016-12-31 17:24:19] $$ : yeah 25k contract guy
[2016-12-31 17:24:26] cookielito : not me
[2016-12-31 17:24:31] $$ : they went 20k to 15k to 25k
[2016-12-31 17:25:01] cookielito : Im still confused as to the fuding rate on XBTH17
[2016-12-31 17:25:08] cookielito : funding
[2016-12-31 17:25:14] cookielito : is there any 8 hour funding?
[2016-12-31 17:25:16] $$ : no
[2016-12-31 17:25:19] $$ : that's only the swap
[2016-12-31 17:25:20] cookielito : ok perfect
[2016-12-31 17:25:30] $$ : you just have to worry about settlement which is on march 31
[2016-12-31 17:25:38] cookielito : yeah
[2016-12-31 17:33:59] rapidtrades : guys if we culd hit 1,000 right on new year, that would be greaaat
[2016-12-31 17:34:16] REKT : Liquidated short on `XBTUSD`: buy 2 @ 959.07 :punch: :whale:
[2016-12-31 17:34:43] $$ : bitfinex jumping a bit
[2016-12-31 17:35:00] $$ : china breaking up
[2016-12-31 17:35:12] Vijuu : Happy new year
[2016-12-31 17:35:58] rapidtrades : Vijuu: f*ck off
[2016-12-31 17:36:03] rapidtrades : not there yet
[2016-12-31 17:38:26] REKT : Liquidated short on `XBTUSD`: buy 2300 @ 962.55
[2016-12-31 17:38:31] sleger : @jung1: it was great to have you around in 2016
[2016-12-31 17:40:01] javierstone : this pump feels fake
[2016-12-31 17:40:06] javierstone : last trap before holiday
[2016-12-31 17:40:12] mariomarco : is it tho
[2016-12-31 17:40:27] MikeHunt : it always crashes around new year
[2016-12-31 17:40:43] mariomarco : stamp UPPP
[2016-12-31 17:40:47] MikeHunt : we may see 7k again as a dead cat bounce
[2016-12-31 17:41:04] $$ : the new year bitcoin will provide fireworks
[2016-12-31 17:41:13] SilverKnight : looking good... :) 970s here we come... :)
[2016-12-31 17:41:19] $$ : people were waiting till 1/1/2017 to market buy all in
[2016-12-31 17:41:49] mariomarco : drunk buy OP
[2016-12-31 17:44:57] javierstone : re-fueling my short
[2016-12-31 17:45:38] rapidtrades : let's flyyyyyyyy to the skyyyyyyyy
[2016-12-31 17:45:44] rapidtrades : toooooooooooooonight
[2016-12-31 17:48:04] mariomarco : rapidtrades: +++
[2016-12-31 17:50:01] MikeHunt : 1k touch and drop again?
[2016-12-31 17:50:18] MikeHunt : javierstone: your shorting this?
[2016-12-31 17:52:30] javierstone : short swap, long futures
[2016-12-31 17:52:57] javierstone : there's no volume for the pump to be real
[2016-12-31 17:53:51] REKT : Liquidated long on `ETH7D`: sell 20 @ 0.008210
[2016-12-31 17:54:08] nOgAnOo : ya this is the top I think
[2016-12-31 17:54:09] javierstone : come on someone give my 965 entry
[2016-12-31 17:54:11] nOgAnOo : safe short here
[2016-12-31 17:54:28] MikeHunt : just looked at previous crashes, this looks like final phase b4 drop
[2016-12-31 17:58:05] startChat : nOgAnOo: short it all
[2016-12-31 18:00:19] nOgAnOo : Higher than an LSD test monkey on a spaceship.
[2016-12-31 18:00:19] BTCDJS : Happy 1050 everybody!
[2016-12-31 18:00:38] nOgAnOo : What do you mean?
[2016-12-31 18:01:54] BTCDJS : nOgAnOo: that's what we will hit on new year London time. (Wishful thinking)
[2016-12-31 18:02:14] nOgAnOo : The idea crossed my mind too.. 1000 today.. but I don't think they have the balls.
[2016-12-31 18:02:48] MikeHunt : BTCDJS: 980 again maybe but 1k is a stretch
[2016-12-31 18:03:43] BTCDJS : MikeHunt: meh. What do you know anyway ?
[2016-12-31 18:04:05] Tr : penta top here
[2016-12-31 18:04:40] MikeHunt : BTCDJS: i got 7000 yuan touch and drop correct
[2016-12-31 18:05:01] rapidtrades : MIKE NOONE CARES ABOUT CHINA
[2016-12-31 18:05:12] BTCDJS : MikeHunt: you got lucky
[2016-12-31 18:05:25] MikeHunt : rapidtrades: i know people here think they are special but china represents 90%+ of the market
[2016-12-31 18:05:26] rapidtrades : don't ruin our New Year jollies
[2016-12-31 18:05:30] MikeHunt : alright alright
[2016-12-31 18:05:38] MikeHunt : ill keep quiet til 00:01 hours
[2016-12-31 18:05:43] MikeHunt : uk time
[2016-12-31 18:06:10] BTCDJS : MikeHunt: even then. Don't say a word
[2016-12-31 18:06:21] BTCDJS : we don't care
[2016-12-31 18:06:31] BTCDJS : about I told you so
[2016-12-31 18:06:35] MikeHunt : BTCDJS: lol, ill be back *bearing* down you
[2016-12-31 18:06:57] BTCDJS : Shh
[2016-12-31 18:07:25] BTCDJS : Don't spoil this for me
[2016-12-31 18:07:59] BTCDJS : 1050! COME ON!!!!!
[2016-12-31 18:10:19] javierstone : where is your hope now
[2016-12-31 18:12:22] javierstone : lets breach 30
[2016-12-31 18:16:31] REKT : Liquidated long on `XBTH17`: sell 500 @ 1009.67
[2016-12-31 18:18:42] javierstone : moar moar moar
[2016-12-31 18:20:01] Naloxone : Huobi didn't pump the last dip with 500 BTC market order. We are dumping!
[2016-12-31 18:20:23] javierstone : Naloxone: shhhh don't ruin the surprise
[2016-12-31 18:21:41] javierstone : breached
[2016-12-31 18:21:42] m3s : here we go boiz
[2016-12-31 18:21:56] $$ : fail pump
[2016-12-31 18:22:17] $$ : turns into new years dump
[2016-12-31 18:22:37] javierstone : down down down
[2016-12-31 18:22:50] Tr : china dupes and scams everyone
[2016-12-31 18:23:05] $$ : china bull flags and noobs dump
[2016-12-31 18:23:30] m3s : how do i make a limit order that was executed into a limit stop ?
[2016-12-31 18:23:32] Tr : "Hey silly westerner, buy my ChinaCoins on New year only 960 dollah, ching chong"
[2016-12-31 18:24:18] javierstone : Tr: uhh racist
[2016-12-31 18:28:33] MikeHunt : $$: happens evry year
[2016-12-31 18:28:47] m3s : how do I set a stop loss here?
[2016-12-31 18:28:53] MikeHunt : m3s: stop market?
[2016-12-31 18:30:29] m3s : not sure how to buy it. says it will be executed after price reaches stop price ?
[2016-12-31 18:30:47] PARAFFIN : failpump? LOL
[2016-12-31 18:34:29] BitMEX_Wally : m3s: Are you long or short?
[2016-12-31 18:39:07] BitMEX_Wally : m3s: If you are currently long then you would submit a Stop Market order to Sell with a Stop Price below your entry price. If the market drops then it will trigger a sell order to close your long position
[2016-12-31 18:49:04] rapidtrades : m3s: do the exact same thing if ur short
[2016-12-31 18:49:42] BTCDJS : BitMEX_Wally: I have GA set up as my 2FA and I'm on my phone. I like to check the chart every now and again but I get logged out too quick. Is there a way to change the timing so I don't get logged out every time?
[2016-12-31 18:52:09] cookielito : so friggen slow
[2016-12-31 18:53:37] zach719 : can the market please do something
[2016-12-31 18:53:43] zach719 : its so slow
[2016-12-31 18:53:52] rapidtrades : market will hit 1k o new year's
[2016-12-31 18:54:14] BTCDJS : rapidtrades: +1
[2016-12-31 18:54:25] BTCDJS : happy new year buddy
[2016-12-31 18:54:59] $$ : BTCDJS: check the settings so you dont get logged out while on phone
[2016-12-31 18:55:13] $$ : Safe Session Duration
[2016-12-31 18:55:17] $$ : uncheck that
[2016-12-31 18:56:47] rapidtrades : BTCDJS: we're not there yet!
[2016-12-31 19:02:17] BTCDJS : $$: thanks
[2016-12-31 19:04:49] viptrader : Hello
[2016-12-31 19:05:08] viptrader : Is liq price is according to bistamp price?
[2016-12-31 19:05:24] javierstone : kaiko index
[2016-12-31 19:05:28] viptrader : Thanks and happy new year :)
[2016-12-31 19:05:37] viptrader : Kaiko?
[2016-12-31 19:05:42] javierstone : google it
[2016-12-31 19:06:11] viptrader : Any serious answer plz?
[2016-12-31 19:06:34] javierstone : http://bitmex.kaiko.com/
[2016-12-31 19:06:55] javierstone : can u atleast click link?
[2016-12-31 19:07:52] javierstone : down down we go
[2016-12-31 19:16:12] SilverKnight : Just closed my long...
[2016-12-31 19:16:30] SilverKnight : volume is dropping off at this price...
[2016-12-31 19:16:46] Tr : new year 1000$ euphoria vanishing away
[2016-12-31 19:17:28] javierstone : thank you for your monies
[2016-12-31 19:18:28] SilverKnight : javierstone: were you talking to me? I was long from 952...
[2016-12-31 19:18:37] SilverKnight : made a fair bit on that one...
[2016-12-31 19:22:09] MikeHunt : http://www.buttcoinfoundation.org/stagesofabubble.png
[2016-12-31 19:26:46] Turbo : MikeHunt: this wont be a bubble until well after 4000 USD
[2016-12-31 19:29:25] Turbo : well now thats interesting, u guys are net short right now
[2016-12-31 19:30:50] MikeHunt : Turbo: it always crashes around new year
[2016-12-31 19:31:02] MikeHunt : Turbo: some sort of curse
[2016-12-31 19:31:57] Turbo : well, I've been out of the market for a couple days now, just watching, we shall see
[2016-12-31 19:32:35] MikeHunt : Turbo: imo if it was going to go up major style it would have already
[2016-12-31 19:32:47] Tr : its not going down, huobi wont let it
[2016-12-31 19:33:17] Tr : any 5 yuan move down instantly moved with bot buy walls that reverse the direction back up
[2016-12-31 19:33:45] Turbo : so that leads me back to not trading, lol, dont have to pay funding fees
[2016-12-31 19:33:49] MikeHunt : well a major crash is also precipitated by an event so it may just bumble down slowly back to the mean
[2016-12-31 19:34:01] MikeHunt : as nothings happened so far
[2016-12-31 19:35:20] Turbo : heading out for a bit, ttyl
[2016-12-31 19:35:22] cryptobull : incoming dip just below 960...
[2016-12-31 19:36:04] Nooby : Edcon is coming soon guys! Time to buy eth!!!
[2016-12-31 19:36:15] Tr : there is not dip
[2016-12-31 19:36:26] Tr : if it goes to like 6820 watch instantly
[2016-12-31 19:36:33] Tr : 1min graph
[2016-12-31 19:36:41] Tr : 10 green candles forming perfect ladder
[2016-12-31 19:36:45] Tr : china style
[2016-12-31 19:36:57] Nooby : Less than 15 days for EDCON... ether to the moon!!
[2016-12-31 19:37:31] Tr : ethere cant go up
[2016-12-31 19:37:34] Tr : no china to pump it
[2016-12-31 19:37:35] Tr : too bad
[2016-12-31 19:37:49] MikeHunt : Tr: i think whats happened now is a microcosm of nov 30th - dec 5th
[2016-12-31 19:38:05] MikeHunt : happening*
[2016-12-31 19:38:16] Tr : what do u mean
[2016-12-31 19:38:26] tb : you mean etc to the moon?
[2016-12-31 19:38:28] Nooby : Oh yeah not true at all!! Ether will pump soon, lot of thing will be announced in edcon soon
[2016-12-31 19:38:46] Tr : you cant pump a coin on western exchange...
[2016-12-31 19:38:59] MikeHunt : Nooby: problem with ETC is they condemned it by bailing out the DAO and BTC is going to copy them
[2016-12-31 19:39:31] Nooby : ETC is not ETH ...
[2016-12-31 19:40:21] Tr : china is scared as shit of ETH
[2016-12-31 19:40:38] Tr : "no mining soon? we are fucked, ching chong, better pump btc with our crooked exchange"
[2016-12-31 19:41:15] Nooby : Edcon will change their point of view, i buy it that s all :)
[2016-12-31 19:41:54] MikeHunt : Nooby: Eth is what i meant
[2016-12-31 19:42:00] MikeHunt : Nooby: ETC? hmm ill go look
[2016-12-31 19:42:32] MikeHunt : yeah ETC has a chance as its the untainted version
[2016-12-31 19:42:43] Tr : lol
[2016-12-31 19:42:46] Tr : ETC is a scam
[2016-12-31 19:42:50] MikeHunt : but it still suffers from the same problem as other altcoins that bitcoin can simply copy it
[2016-12-31 19:43:10] Nooby : ETC is not supported by too much miners
[2016-12-31 19:45:04] Tr : look huobi 5min
[2016-12-31 19:45:07] MikeHunt : Nooby: both etc/eth are dead imo
[2016-12-31 19:45:07] Tr : such a fake buy wall lmao
[2016-12-31 19:45:32] Tr : eth is freaking great to use though
[2016-12-31 19:45:36] Tr : pretty much instant transactions
[2016-12-31 19:45:48] Tr : after it btc feels like using vhs
[2016-12-31 19:45:58] Nooby : No, ether will rise again, DAO projects are coming back soon and I think will work fine this time
[2016-12-31 19:46:03] MikeHunt : Tr: yeh i expect some altcoins like monero etc. have their uses but bitcoin can just copy them
[2016-12-31 19:46:28] Tr : MikeHunt coding is a little more complicated than jsut copy pasting work of others
[2016-12-31 19:46:39] MikeHunt : Nooby: and if it doesn't work they'll just bail it out again?
[2016-12-31 19:47:01] MikeHunt : Tr: i thought the hardest part is acception with the miners?
[2016-12-31 19:47:30] Tr : MikeHunt not sure if refunding investors counts as bailout there
[2016-12-31 19:47:31] REKT : Liquidated long on `XBCH17`: sell 5 @ 7080.1
[2016-12-31 19:47:41] Nooby : And so what? Did you loose something last time? I didn't! I get all my ETH back so... I found you don't try you never succeed
[2016-12-31 19:48:05] Naloxone : New Year dump!
[2016-12-31 19:48:15] Tr : bitcoin forked in his early days to save the network from a bug
[2016-12-31 19:48:24] Tr : doesnt mean its "tainted"
[2016-12-31 19:48:46] REKT : Liquidated long on `XBTH17`: sell 14213 @ 1006.57
[2016-12-31 19:48:56] REKT : Liquidated long on `XBTH17`: sell 6000 @ 1005.62
[2016-12-31 19:49:24] MikeHunt : Tr: imo with eth it wasnt a bug
[2016-12-31 19:49:36] MikeHunt : Tr: it functioned as intended but the results were unpopular
[2016-12-31 19:49:46] MikeHunt : Tr: should gox have been bailed out?
[2016-12-31 19:50:36] Tr : thats not really a good analogy
[2016-12-31 19:50:38] Tr : maybe
[2016-12-31 19:51:00] Tr : thats assuming that gox was really hacked
[2016-12-31 19:51:06] Tr : and wasnt just a ponzi
[2016-12-31 19:51:58] Tr : imagine if all money "stolen" from gox were locked in a accout for 30days +
[2016-12-31 19:52:08] Tr : and you could return it to the customers without rolling back the transactions
[2016-12-31 19:52:13] Tr : looks like a pretty good deal tome
[2016-12-31 19:53:01] BitMEX_Sam : It's clearly had some undesirable effects on ETH
[2016-12-31 19:53:25] Tr : i think hardowrk were met very well by the market
[2016-12-31 19:53:29] BitMEX_Sam : It's disingenuous IMO to say "code is law and can't be changed" and then say "well, unless it has undesired effects" when it does something you don't like.
[2016-12-31 19:54:10] BitMEX_Sam : Of course, it points to a more fundamental CS problem at its core: it is extremely difficult to write "correct" programs, and your programs must be correct if you're going to use them as immutable contracts.
[2016-12-31 19:54:11] orly : altering the history of a blockchain by community consensus without an actual bug is bad enough
[2016-12-31 19:54:30] MikeHunt : Tr: perhaps the analogy was poor but my point is popularism shouldn't *trump* reason
[2016-12-31 19:54:32] orly : the fact that it happened in the interest of a rich minority makes it even worse
[2016-12-31 19:54:45] MikeHunt : orly: +1
[2016-12-31 19:54:52] BitMEX_Sam : Emin Gun Sirer and his team at Cornell is doing a good job of attempting to formally verify these contracts but evidence points to Solidity being fundamentally broken.
[2016-12-31 19:54:53] Tr : how it was the interest of rich minority
[2016-12-31 19:54:53] Tr : wtf
[2016-12-31 19:55:00] Tr : thats the most retarded thing i've heard
[2016-12-31 19:55:15] MikeHunt : Tr: apparently some of the eth devs were in on the contract and got raped
[2016-12-31 19:55:44] Tr : perphaps you should read liek btc forums
[2016-12-31 19:55:47] Tr : less*
[2016-12-31 19:56:17] BitMEX_Sam : All evidence points to it being nearly impossible to create Turing-complete smart contracts without serious security risk, but of course they become much less useful if so
[2016-12-31 19:57:17] orly : we can't even create offline, centralized programs without bugs
[2016-12-31 19:57:26] BitMEX_Sam : Exactly.
[2016-12-31 19:57:45] BitMEX_Sam : You need a language that can be formally verified, but such languages are incredibly difficult to develop and develop for
[2016-12-31 19:57:57] BitMEX_Sam : It's certainly beyond the reach of the average JS hacker, for instance.
[2016-12-31 19:58:19] BitMEX_Sam : This is a great article about what it might take to actually produce reliable software: https://www.fastcompany.com/28121/they-write-right-stuff
[2016-12-31 19:59:34] MikeHunt : perhaps the best way is to assume it will be hacked and have an insurance pool
[2016-12-31 20:01:28] BitMEX_Sam : http://babelfish.arc.nasa.gov/trac/jpf/wiki/WikiStart is an interesting project that came out of this idea
[2016-12-31 20:02:22] BitMEX_Sam : Perhaps https://en.wikipedia.org/wiki/Java_Pathfinder is more clear because their Wiki is not
[2016-12-31 20:03:09] BitMEX_Sam : But yes, I agree with that basic premise @MikeHunt; any system using Smart Contract *must* accept that bugs are present, not only in the runtime and blockchain but in the contracts themselves, and must be able to compensate for it.
[2016-12-31 20:03:16] dodic : ETH is a fiat
[2016-12-31 20:03:21] nOgAnOo : Good morning, Sam. <3
[2016-12-31 20:03:26] BitMEX_Sam : Unfortunately that means trusted human intervention is essentially required, and who gets to run it?
[2016-12-31 20:03:43] dodic : foundation determines monetary policy
[2016-12-31 20:04:04] BitMEX_Sam : Morning @nOgAnOo
[2016-12-31 20:04:30] nOgAnOo : I'm busy turning my 2 remaining dollars into 10,000
[2016-12-31 20:04:42] nOgAnOo : Gonna hedge with a Steemit article. :)
[2016-12-31 20:05:25] nOgAnOo : I just found out my Camel Cash collection is worth like 1000 dollars on ebay.. been collecting it buying bulk auctions for a few months.. gonna make 20x gains on that.
[2016-12-31 20:09:59] orly : BitMEX_Sam: itneresting article about the shuttle software
[2016-12-31 20:10:18] BitMEX_Sam : orly: Yeah that's one of the best.
[2016-12-31 20:10:26] orly : first, i think we need to stop this madness of duplication in the industry
[2016-12-31 20:10:58] BitMEX_Sam : Yeah - everything gets rewritten over and over again, often buggier
[2016-12-31 20:11:05] orly : like, why the hell do we need hundreds of competing products, reimplementations of the same thing in dozens of languages
[2016-12-31 20:11:23] BitMEX_Sam : See also https://www.jwz.org/doc/cadt.html
[2016-12-31 20:11:28] BitMEX_Sam : I think there are good reasons and bad.
[2016-12-31 20:11:52] BitMEX_Sam : Sometimes, like in the case of Rust, the software community as a whole has finally decided to recognize that the process itself is broken, and the only way to fix it is to think differently
[2016-12-31 20:12:16] BitMEX_Sam : And we may see rewrites of many core pieces of software in the near future as a result, certainly for the better.
[2016-12-31 20:12:27] BitMEX_Sam : In the other case, there's always Atwood's law.
[2016-12-31 20:12:29] BitMEX_Sam : I'm guilty of that one.
[2016-12-31 20:13:17] orly : yeah that's fine, I mean, Rust does add safety over 40+ year old languages designed for the same purpose
[2016-12-31 20:13:35] orly : it's fine if we can improve on things every couple dozen years
[2016-12-31 20:14:41] BitMEX_Sam : Another big problem is that it's just downright __hard__ to build solid software that can actually be reused
[2016-12-31 20:15:04] cryptobull : perfect dip, buys filled :D
[2016-12-31 20:15:05] BitMEX_Sam : And you often end up building so many options and edge cases into the damned thing that someone else pops up with a "like X, but lightweight!" version of your lib
[2016-12-31 20:15:07] orly : but how much effort has gone into rebuilding the same thing in python, ruby, javascript, what have you
[2016-12-31 20:15:13] orly : they are essentially the same language
[2016-12-31 20:15:26] BitMEX_Sam : Sort of. Of course the details are what matter
[2016-12-31 20:15:34] BitMEX_Sam : Perhaps we'll see some consolidation with WASM
[2016-12-31 20:15:51] BitMEX_Sam : Part of the reason everything gets rewritten in JS is so we can run it in the browser, but we're coming very close to no longer needing the rewrite
[2016-12-31 20:16:22] BitMEX_Sam : There are certain shell programs I'd love to use in the browser, for instance, even as core BitMEX libs, but today there's just too much overhead
[2016-12-31 20:16:51] BitMEX_Sam : That will change in 2017, though. I'm expecting major strides to be taken on the web, and BitMEX itself to become much faster by this time next year.
[2016-12-31 20:17:38] startChat : What on the web is changing?
[2016-12-31 20:18:18] BitMEX_Sam : WASM is coming and will likely be stable enough for some experimental use in a few months
[2016-12-31 20:18:39] javierstone : uhoh longs
[2016-12-31 20:18:40] BitMEX_Sam : ReactJS, which is the core lib we're using for the UI here, will be getting a new priority-based renderer that will allow us to almost always hit 60fps
[2016-12-31 20:19:03] BitMEX_Sam : We might also be able to farm much of the render work off onto multiple threads soon.
[2016-12-31 20:19:13] BitMEX_Sam : On top of that, perhaps we'll see a semi-stable version of Servo by then.
[2016-12-31 20:19:47] BitMEX_Sam : The world has been multicore since 2003 but software is still catching up
[2016-12-31 20:20:05] orly : I think the web itself is probably the biggest failure of the industry
[2016-12-31 20:20:19] orly : i mean, in a sense, it's good, multiplatform and all that
[2016-12-31 20:20:36] orly : but we've spent decades reimplementing everything just so it runs in browsers
[2016-12-31 20:20:40] BitMEX_Sam : I agree, it's simultaneously awful and great
[2016-12-31 20:20:47] orly : in the mean time, browsers have become beasts
[2016-12-31 20:20:52] BitMEX_Sam : It's great in that we've finally figured out a way to run untrusted code pretty reliably
[2016-12-31 20:21:03] BitMEX_Sam : It's awful in that it so clearly wasn't made for that, it's slow, layout is still awful and there's a million gotchas
[2016-12-31 20:21:28] BitMEX_Sam : But it's getting a lot better. Content-Security-Policy and Flexbox are two of my recent favorites