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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[2017-01-04 01:29:37] l3f : Rado2: it's a joke
[2017-01-04 01:29:47] l3f : I've been repeating that line every 'time we make a new high
[2017-01-04 01:29:50] unicorns_rainbows : i'm just wondering, why my username has changed
[2017-01-04 01:29:56] micmix : wait for this guys to sell his stash: https://www.reddit.com/r/PersonalFinanceCanada/comments/5lkgbb/if_i_sell_a_large_amount_of_bitcoin_how_am_i_taxed/
[2017-01-04 01:30:11] imapotato : unicorns_rainbows: previous username? was probably offensive
[2017-01-04 01:30:17] REKT : Liquidated short on `XBTH17`: buy 56887 @ 1116.25 **MEGA-REKT** :boom:
[2017-01-04 01:30:20] JuriFX : thanks bulls, I like being part of your team ;)
[2017-01-04 01:30:27] unicorns_rainbows : oh gotcha, well it was good while it lasted
[2017-01-04 01:30:34] imapotato : >56887 ouch
[2017-01-04 01:32:33] imapotato : The real fireworks come out once support is established at the previous ATH.
[2017-01-04 01:34:37] MikeHunt : looks like its gone too far up to correct now
[2017-01-04 01:34:42] MikeHunt : unless you mean back to 900
[2017-01-04 01:35:37] mariomarco : MikeHunt: 880
[2017-01-04 01:35:39] mariomarco : :D
[2017-01-04 01:36:41] foobar : when you guys are using bots, are you doing arbitrage, speculating, or both?
[2017-01-04 01:37:00] MikeHunt : mariomarco: i mean 900 mean, it will go lower than 880 as corrects imo
[2017-01-04 01:37:17] mariomarco : yes :D
[2017-01-04 01:37:28] foobar : and is it best to go with the python skeleton code on github or is there something else people are using?
[2017-01-04 01:40:41] arbitrage001 : good morning, fellow trolls
[2017-01-04 01:40:53] arbitrage001 : how is everyone doing
[2017-01-04 01:41:05] arbitrage001 : getting rich again?
[2017-01-04 01:42:35] alejandromasari : hey what does cross mean?]
[2017-01-04 01:43:17] NooBTCrader : X
[2017-01-04 01:43:38] alejandromasari : BitMEX_Sam: what does cross mean in the leverage bar?
[2017-01-04 01:43:42] arbitrage001 : alejandromasari: https://en.wikipedia.org/wiki/Cross
[2017-01-04 01:44:13] BitMEX_Sam : alejandromasari: It means cross margin, as in using your entire account balance to back the position
[2017-01-04 01:45:59] alejandromasari : BitMEX_Sam: my unrealized p&l is -63%? but my entry is 1046
[2017-01-04 01:47:12] l3f : Who didn't buy and hold?
[2017-01-04 01:47:19] l3f : Look at prices now
[2017-01-04 01:47:26] l3f : if you only bought and held
[2017-01-04 01:47:40] alejandromasari : all traders here
[2017-01-04 01:47:49] alejandromasari : leverage junkies
[2017-01-04 01:48:01] l3f : Buy at <10x leverage
[2017-01-04 01:48:06] l3f : and hold through the dips
[2017-01-04 01:48:08] j8 : i didn't buy and hold, but i did outperform the bitcoin price, so no complaints
[2017-01-04 01:48:15] l3f : j8: very nice
[2017-01-04 01:48:16] MikeHunt : this looks heavily overbought
[2017-01-04 01:48:28] l3f : MikeHunt: :))))))
[2017-01-04 01:49:00] imapotato : MikeHunt: lol
[2017-01-04 01:49:06] BitMEX_Sam : alejandromasari: Yes, and the mark price is 1040 - UPL is based off mark, not last
[2017-01-04 01:49:16] BitMEX_Sam : We do that because liquidations are also based on mark
[2017-01-04 01:49:19] alejandromasari : this also looks really ovebought..... shorts getting fucked since nov 14 http://stockcharts.com/h-sc/ui?s=GS&p=D&b=5&g=0&id=p20489417574
[2017-01-04 01:50:00] alejandromasari : BitMEX_Sam: how is my p&l -63%??
[2017-01-04 01:50:11] alejandromasari : BitMEX_Sam: bitmex computer can't do math??
[2017-01-04 01:50:12] BitMEX_Sam : 100x, 1046 entry, 1040 mark
[2017-01-04 01:50:26] alejandromasari : BitMEX_Sam: I did cross
[2017-01-04 01:50:30] alejandromasari : BitMEX_Sam: no leverage
[2017-01-04 01:50:37] BitMEX_Sam : That's fine, but ROE is always based on max leverage
[2017-01-04 01:50:49] BitMEX_Sam : It's just a display number, feel free to ignore it and look at the actual value
[2017-01-04 01:50:50] alejandromasari : BitMEX_Sam: makes no sense.
[2017-01-04 01:51:02] BitMEX_Sam : It's based on 100x, which is the minimum equity, thus return on equity
[2017-01-04 01:51:02] imapotato : 312 coins remaining for $1050 on finex
[2017-01-04 01:51:29] BitMEX_Sam : We base it on 100x, otherwise reducing your leverage would reduce your ROE which is highly counterintuitive for most
[2017-01-04 01:51:31] alejandromasari : BitMEX_Sam: so 1x means I am playing with double what I put in it?
[2017-01-04 01:51:39] BitMEX_Sam : No... it doesn't mean that at all
[2017-01-04 01:52:34] sleger : lol
[2017-01-04 01:52:43] sleger : wall st pro
[2017-01-04 01:52:58] alejandromasari : BitMEX_Sam: so what's the difference between cross and 1x?
[2017-01-04 01:52:58] BitMEX_Greg : alejandromasari: 1x means 1 times leverage
[2017-01-04 01:53:10] BitMEX_Greg : alejandromasari: Cross margin uses any and all available margin in your account
[2017-01-04 01:53:21] BitMEX_Greg : So you could potentially have leverage less than 1
[2017-01-04 01:53:34] BitMEX_Greg : Whilst 1x means you are fixing the leverage at 1 times
[2017-01-04 01:53:55] BitMEX_Greg : Hence, cross is safer in a way if you want to avoid liquidation at all costs
[2017-01-04 01:56:53] alejandromasari : ok
[2017-01-04 01:58:15] MikeHunt : the other issue is if you short at top, arent u all gonna get deleveraged?
[2017-01-04 01:58:24] MikeHunt : you all*
[2017-01-04 01:58:55] arbitrage001 : MikeHunt: may i ask how you pick top?
[2017-01-04 02:00:03] alejandromasari : BitMEX_Greg: how do I "uncross my position"?
[2017-01-04 02:00:39] BitMEX_Greg : alejandromasari: You can move the leverage slider to the desired leverage you wish, or by hitting the edit button on the right and enter whatever leverage you like there.
[2017-01-04 02:01:12] MikeHunt : arbitrage001: on my charts this is running out of room, if it does go up majorly im hedged to cover it
[2017-01-04 02:02:00] alejandromasari : BitMEX_Greg: it says account inufficient balance but my balance is sufficient to maintain the position on leverage
[2017-01-04 02:03:04] BitMEX_Greg : alejandromasari: You may not have enough margin for 1x leverage. Try closing any open orders you have to reduce the margin.
[2017-01-04 02:03:33] alejandromasari : BitMEX_Greg: thanks
[2017-01-04 02:04:45] alejandromasari : I had some open orders
[2017-01-04 02:04:53] BitMEX_Greg : ok np
[2017-01-04 02:07:00] 24hourz : BitMEX_Greg: When the delevrage que is all lit up, Is the full position delevraged in whole or in portions
[2017-01-04 02:07:27] 24hourz : (in the event of liquidations that exceed the insurance funds )
[2017-01-04 02:07:36] BitMEX_Greg : 24hourz: There is no way of knowing that prior unfortunately.
[2017-01-04 02:07:46] alejandromasari : BitMEX_Greg: yes that did the trick also
[2017-01-04 02:08:09] BitMEX_Greg : It depends on a lot of unknown things such as how much of the liquidation was unfilled, how many other traders are in the same position as you for example.
[2017-01-04 02:08:13] BitMEX_Greg : alejandromasari: Ok great
[2017-01-04 02:13:41] 24hourz : BitMEX_Greg: Thank you! One lasat question. If I close my position and open one again will it take me off the que ?
[2017-01-04 02:14:43] BitMEX_Greg : 24hourz: This could reduce your position in the queue as you are realising PNL. Since the formula works off a priority based on leverage and PNL then yes your queue could reduce.
[2017-01-04 02:16:13] micmix : 24hourz: yes, you realize your PNL so unrealized PNL will reset, lowering your priority for ADL. And please do it often, MMs have to eat too
[2017-01-04 02:20:25] alejandromasari : BitMEX_Greg: what happens if I get deleveraged and I have 0 margin available?
[2017-01-04 02:20:31] REKT : Liquidated short on `XMR7D`: buy 1 @ 0.015887
[2017-01-04 02:21:03] BitMEX_Greg : alejandromasari: Deleverage just means that your part or all of your position is closed automatically
[2017-01-04 02:21:55] chatTroll : why don't you put bitfinex back in the index? they have more volume then the current constituents
[2017-01-04 02:30:47] boomerang : which exchanges make up the index?
[2017-01-04 02:30:58] MikeHunt : boomerang: independently by kaiko iirc
[2017-01-04 02:31:53] zach719 : no dump?
[2017-01-04 02:32:53] narnarfromnarnia : zach719: not dumps just retrace
[2017-01-04 02:33:02] narnarfromnarnia : yes it should to break through here
[2017-01-04 02:34:40] MikeHunt : im wondering how high this is going to go
[2017-01-04 02:35:06] zach719 : I shouldnt of shorted it
[2017-01-04 02:35:40] boomerang : yea when this finally breaks, hold on to your hats... been trying the last few hours, just a matter of time
[2017-01-04 02:35:55] zach719 : up or down?
[2017-01-04 02:37:19] isozy : up and down
[2017-01-04 02:37:51] boomerang : up up and away
[2017-01-04 02:38:00] cookielito : futures is where its at
[2017-01-04 02:40:46] nOgAnOo : How do I de-liquidate?
[2017-01-04 02:41:00] cookielito : DMT
[2017-01-04 02:41:00] zach719 : nOgAnOo: cant lmao :)
[2017-01-04 02:41:08] cookielito : it de liquidates you
[2017-01-04 02:41:26] cookielito : and also makes you realize dont fuckin short btc
[2017-01-04 02:41:38] aethlios : nOgAnOo: you mean lower the bars?? add margin
[2017-01-04 02:42:58] nOgAnOo : no I got liquidated and I want my money back!!!!!!!!
[2017-01-04 02:43:56] 24hourz : nOgAnOo: how bad ?
[2017-01-04 02:44:13] nOgAnOo : i was joking.. but like 250 dollars in a few days
[2017-01-04 02:44:16] aethlios : you need to find your liquidator!!
[2017-01-04 02:44:32] nOgAnOo : Ok!!!! I'll install Kali right now so I can track him!
[2017-01-04 02:44:49] aethlios : whale shorting 100k march like a champ.
[2017-01-04 02:46:22] l3f : aethlios: well?
[2017-01-04 02:46:32] l3f : what do you think of 2k usd?
[2017-01-04 02:47:01] l3f : I think this bubble has massive upside potential
[2017-01-04 02:47:07] l3f : as long as PBoC doesn't fuck us over
[2017-01-04 02:47:08] aethlios : l3f: this will dump very hard, 2k ok but after 740 first.
[2017-01-04 02:47:37] narnarfromnarnia : aethlios: are you thinking down from here
[2017-01-04 02:47:39] l3f : aethlios: you hedged in or still net long?
[2017-01-04 02:47:41] narnarfromnarnia : or squeeze up a bit more?
[2017-01-04 02:48:18] chester : if we goto 740 first, 2k won't be for a long while.. i'd think?
[2017-01-04 02:49:14] aethlios : https://www.tradingview.com/x/wZ0jQdDW/ only the brave buy the wedge here.
[2017-01-04 02:49:31] REKT : Liquidated short on `ETH7D`: buy 5 @ 0.009510
[2017-01-04 02:50:30] l3f : aethlios: the bravest short BTC
[2017-01-04 02:51:04] aethlios : l3f: already jumped to march hedged long spot since 980 spot. wait for retrace, oversold area to get in back. 6% 3 month return not bad. had long from 585. was posting bullish charts months ago.
[2017-01-04 02:51:10] zach719 : l3f: thats what i did but i think I messed up
[2017-01-04 02:51:20] rms : i think buying here super risky cause this is where bollinger said to sell
[2017-01-04 02:51:33] nOgAnOo : I'm shorting at 52x all in like a champ!
[2017-01-04 02:51:39] rms : and we've been making these sudden gains and then being flat for a while
[2017-01-04 02:52:12] rms : but i guess it's only risky at high leverage
[2017-01-04 02:52:25] rms : i'm thinking $10-$15 pull back before the next leg up
[2017-01-04 02:52:27] rms : but who knows
[2017-01-04 02:52:31] aethlios : l3f: you don't need to be always in position, and never short btc. just wait for a strong retrace and jump in, get out when overbought, repeat cycle.
[2017-01-04 02:53:05] nOgAnOo : rms where do you think next leg up might go?
[2017-01-04 02:53:27] MikeHunt : aethlios: are you out yet?
[2017-01-04 02:53:28] l3f : aethlios: I'd buy that purely from TA point of view
[2017-01-04 02:53:32] l3f : but the bubble is just beginning
[2017-01-04 02:53:54] zach719 : aethlios: i agree but i still for some reason went in short....
[2017-01-04 02:53:59] l3f : I am going to let this ride
[2017-01-04 02:54:10] aethlios : also notice that manipulator pumpers give no space for shorts to close in profit. volatility low, just steady up, so they want all noobs to buy, margin call shorts since no chance to close in profit. they will sell massively suddenly.
[2017-01-04 02:54:29] nOgAnOo : aeth that is EXACTLY what happened to me
[2017-01-04 02:54:34] nOgAnOo : 3 rekts in a row
[2017-01-04 02:54:52] nOgAnOo : NO sells.. just buys for 4 hours
[2017-01-04 02:54:54] aethlios : MikeHunt: already jumped to march hedged long spot since 980 spot. wait for retrace, oversold area to get in back. 6% 3 month return not bad. had long from 585. was posting bullish charts months ago.
[2017-01-04 02:54:56] nOgAnOo : didn't get filled once
[2017-01-04 02:55:46] rms : 1080-1100 next leg if the pattern keeps going?
[2017-01-04 02:55:54] MikeHunt : aethlios: any benefit holding march in a downturn?
[2017-01-04 02:56:05] rms : but i also think we get something weird as this crosses into actual bubble territory, like a $300 gain in 5 minutes
[2017-01-04 02:56:11] Milkman : whale party on xbth17
[2017-01-04 02:56:19] nOgAnOo : ok thanks RMS.. I am trading with all of my money right now so don't want to rekt
[2017-01-04 02:56:24] Milkman : about 800,000 contracts recently closed
[2017-01-04 02:56:29] nOgAnOo : I'll try not to leverage too high this time but am remaining short right now
[2017-01-04 02:56:33] MikeHunt : Milkman: dump?
[2017-01-04 02:56:37] aethlios : MikeHunt: you should hold march only in up trend to not pay funding and gain from spread increase.
[2017-01-04 02:56:39] nOgAnOo : YES YES YES!!!
[2017-01-04 02:56:42] nOgAnOo : Go China!
[2017-01-04 02:56:48] rms : if you don't want to get rekt don't short bitcoin in a bull market
[2017-01-04 02:56:51] Milkman : shorts closing out at the top into a long closing out at the top
[2017-01-04 02:56:55] Milkman : 1 winner. 1 loser
[2017-01-04 02:57:06] MikeHunt : aethlios: what about making money as it corrects via shorting?
[2017-01-04 02:57:33] dodic : MikeHunt: Playing chicken with a train
[2017-01-04 02:58:53] aethlios : MikeHunt: difficult to happen. they can dump 40 usd in 3 minutes, will short there? they then can fully retrace, so don't short, better go long in oversold area and get out in overbought area, then wait.
[2017-01-04 02:59:19] imapotato : Always try to catch falling knives.
[2017-01-04 03:00:48] MikeHunt : imapotato: lol
[2017-01-04 03:01:15] aethlios : imapotato: except the last one (real dump) which will cut you to pieces.
[2017-01-04 03:02:39] aethlios : so catch the early knifes, then stop catching them.
[2017-01-04 03:04:31] REKT : Liquidated short on `XBTUSD`: buy 390 @ 1044.14
[2017-01-04 03:05:29] l3f : aethlios: I expect ATH to break first tbqh
[2017-01-04 03:05:30] l3f : that's a safe bet
[2017-01-04 03:06:19] aethlios : l3f: technically such resistance needs at least 2 or 3 attempts.
[2017-01-04 03:07:00] l3f : aethlios: It didn't need that much the first time round
[2017-01-04 03:08:31] l3f : All it needed was the media spotlight and FOMO kicked in
[2017-01-04 03:11:51] MikeHunt : so what do we have now to keep this going?
[2017-01-04 03:12:17] aethlios : and fake mtgox
[2017-01-04 03:12:47] l3f : aethlios: we have huobi now
[2017-01-04 03:13:03] aethlios : now many exchanges futures market cap needs 1.6 billion for every 100 usd up.
[2017-01-04 03:14:52] aethlios : i expect as you steady strong up to 10,000 usd after we clear 1,175-1,200 ATH, but won't happen at once, maybe 4,5 attempts and consolidation below after the break.
[2017-01-04 03:15:16] aethlios : ....before the break i mean
[2017-01-04 03:15:56] l3f : Possible correction to 1k
[2017-01-04 03:15:58] l3f : after ATH
[2017-01-04 03:16:12] l3f : aethlios: but I think that's as far down as it'll go
[2017-01-04 03:16:21] MikeHunt : sell wall seems to be getting bigger
[2017-01-04 03:16:51] MikeHunt : apparently anything above 1k last bubble is questionable as ATH due to gox manipulation
[2017-01-04 03:17:51] MikeHunt : okcoin sell wall now 4 digits
[2017-01-04 03:17:56] rms : i thought of 1050 as the real ATH last time
[2017-01-04 03:18:13] rms : and that we at that resistance now
[2017-01-04 03:21:20] MikeHunt : psychologically it'd be 1000 imo
[2017-01-04 03:21:36] MikeHunt : unless 1050 is your fav number ;)
[2017-01-04 03:21:58] rms : that was the highest price i bought bitcoin at
[2017-01-04 03:21:59] rms : ;)
[2017-01-04 03:22:10] MikeHunt : did you manage to get out in time?
[2017-01-04 03:22:16] rms : absolutely not
[2017-01-04 03:22:36] rms : but i got very little at the top
[2017-01-04 03:22:50] MikeHunt : when i first got into it i bought bitcoin ~2/3rds way up
[2017-01-04 03:22:57] MikeHunt : the gox bubble
[2017-01-04 03:22:59] l3f : aethlios: Chinese media cycle is just beginning
[2017-01-04 03:23:07] l3f : it will either be the beginning or the end
[2017-01-04 03:23:32] MikeHunt : CHina has ~2% inflation
[2017-01-04 03:23:37] MikeHunt : yuan is holding it seems for now
[2017-01-04 03:23:43] MikeHunt : as banks got fresh load of funny money
[2017-01-04 03:26:30] aethlios : l3f: we both agree btc goes up, just different roadmaps, haha!!
[2017-01-04 03:27:02] MikeHunt : i think after 1k we resume bull run cuz loads of countries are fucked and r gonna try more capital control imo
[2017-01-04 03:27:07] l3f : yep, I think it's less likely to bubble as hard due to much more investment
[2017-01-04 03:27:16] l3f : if it can keep this "slower" rise then it'll be fine
[2017-01-04 03:28:08] aethlios : will be going up like buffets stock.
[2017-01-04 03:30:11] aethlios : eth returns from the grave
[2017-01-04 03:37:11] REKT : Liquidated short on `XBCH17`: buy 64 @ 7858.7
[2017-01-04 03:39:33] rapidtrades : up as expected
[2017-01-04 03:40:05] l3f : Gone are the days where +300 usd a day was sustainable
[2017-01-04 03:40:21] REKT : Liquidated short on `ETH7D`: buy 30 @ 0.009910
[2017-01-04 03:40:49] foobar : Why is it not possible to still trade XBTG17 or XBTF17 futures?
[2017-01-04 03:41:31] REKT : Liquidated short on `XBTUSD`: buy 2000 @ 1045.94
[2017-01-04 03:41:31] REKT : Liquidated short on `XBTUSD`: buy 500 @ 1045.36
[2017-01-04 03:44:50] j8 : there used to be monthly futures, they got rid of them to concentrate liquidity
[2017-01-04 03:45:17] boomerang : is REKT a user or bot?
[2017-01-04 03:45:31] aethlios : bitmex bot
[2017-01-04 03:46:09] j8 : it's a user's bot
[2017-01-04 03:46:52] foobar : j8: so does that mean we will only be able to buy/sell march futures until the maturity date?
[2017-01-04 03:46:54] Milkman : stamp needs to step on the gas
[2017-01-04 03:47:38] Milkman : damn eth pumped a bunch
[2017-01-04 03:47:40] j8 : foobar: they will add the next quarterly (june expiration) 2 weeks before march settles
[2017-01-04 03:47:58] j8 : unless something changes
[2017-01-04 03:48:14] foobar : cool, thanks
[2017-01-04 03:48:54] Rado2 : j8: what's up man
[2017-01-04 03:49:04] Rado2 : anything new?
[2017-01-04 03:49:15] j8 : not much.
[2017-01-04 03:49:20] l3f : aethlios: I wish there was a one year future, I'd long the fuck out of that
[2017-01-04 03:49:21] Rado2 : I am getting familiar with python finally
[2017-01-04 03:49:28] j8 : nice, it's not so bad eh
[2017-01-04 03:49:28] Milkman : almost new high on xbth17
[2017-01-04 03:49:36] l3f : shame about the liquidity though
[2017-01-04 03:49:37] Rado2 : never got a chance to develop before
[2017-01-04 03:49:39] foobar : j8: one other question regarding arbitrage. do you get paid on the short of the future the same amount you pay for the margin on the long?
[2017-01-04 03:50:06] aethlios : l3f: i told them that to add it but they said MM's won't use it.
[2017-01-04 03:50:09] j8 : only the perpetual swap has funding payments
[2017-01-04 03:50:18] l3f : aethlios: yeah shame about the MM
[2017-01-04 03:50:35] l3f : It would just be us two scamming the MM
[2017-01-04 03:51:08] REKT : Liquidated short on `XBTUSD`: buy 2000 @ 1047.35
[2017-01-04 03:51:08] REKT : Liquidated short on `XBTUSD`: buy 2000 @ 1047.03
[2017-01-04 03:51:08] REKT : Liquidated short on `XBTUSD`: buy 12500 @ 1047.01
[2017-01-04 03:51:08] REKT : Sell your house, sell your wife, sell your kids, BUY BITCOIN!
[2017-01-04 03:51:08] REKT : Liquidated short on `XBTUSD`: buy 1001 @ 1047.61
[2017-01-04 03:51:08] REKT : Liquidated short on `XBTUSD`: buy 8298 @ 1047.67
[2017-01-04 03:51:23] imapotato : rip
[2017-01-04 03:51:40] imapotato : 1050 on finex is a minute away
[2017-01-04 03:51:45] foobar : j8: so when usage leverage on buying xbtusd for an arbitrage, your profit is diluted by the funding rate
[2017-01-04 03:51:49] l3f : rofl
[2017-01-04 03:51:57] l3f : are the shorts learning yet?
[2017-01-04 03:52:14] l3f : aethlios: I think ATH is a fine target
[2017-01-04 03:52:20] l3f : given the current fomo levels
[2017-01-04 03:52:34] j8 : foobar: yeah that's why it's better to be short the swap in a bull market, for arbitrage
[2017-01-04 03:52:37] rustiv : bears dying out soon
[2017-01-04 03:53:31] foobar : j8: wouldn't that only work if the future was at a discount?
[2017-01-04 03:53:56] imapotato : http://i.imgur.com/QYr0QnM.jpg
[2017-01-04 03:54:57] j8 : foobar: you basically have to speculate on whether the total funding paid will be more or less than the futures premium
[2017-01-04 03:55:09] imapotato : 200 coins remain to break 1050 on finex
[2017-01-04 03:56:35] l3f : imapotato: it's open season on bears
[2017-01-04 03:56:51] j8 : for example the premium on XBTH17 is around 28% annualized. but historically the swap funding has been more than that
[2017-01-04 03:57:45] Rado : if you buy the quarterly at the right time
[2017-01-04 03:57:55] rapidtrades : I found the elusive Bear City
[2017-01-04 03:57:58] rapidtrades : https://image.shutterstock.com/display_pic_with_logo/838174/521065240/stock-photo-abandoned-cemetery-521065240.jpg
[2017-01-04 03:57:58] j8 : also the entire history of the swap was in a bull market
[2017-01-04 03:58:03] imapotato : btc-e broke $1k
[2017-01-04 03:58:04] Rado : you thought me that j8
[2017-01-04 03:58:12] Rado : j8: yeah, that is true
[2017-01-04 03:58:28] Rado : lol rapidtrades
[2017-01-04 03:58:49] aethlios : drop the bomb
[2017-01-04 03:59:08] Rado : dump in 1 min
[2017-01-04 04:00:15] l3f : incoming dump!
[2017-01-04 04:00:37] alejandromasari : mikehunt: is it overbought?
[2017-01-04 04:01:05] MikeHunt : alejandromasari: ur asking me? lol
[2017-01-04 04:01:08] Rado : j8: when the funding happens my orders get killed and my bot needs to restart
[2017-01-04 04:01:29] MikeHunt : alejandromasari: it looks very top heavy
[2017-01-04 04:01:32] Rado : need to check my log for the error
[2017-01-04 04:01:35] brojo : no more dumps till 2k
[2017-01-04 04:01:43] j8 : Rado: really your orders get cancelled?
[2017-01-04 04:01:53] brojo : news/media/parbolic bubble is brewing
[2017-01-04 04:02:02] j8 : or you can't submit for a couple seconds
[2017-01-04 04:02:19] Rado : they get canceled because there is a sanity check and the bot has an exit function that cancels the orders
[2017-01-04 04:02:21] brojo : sell at cny 2k and put into another coin or currency and short when u see a 1k drop
[2017-01-04 04:02:28] brojo : cny 20k*
[2017-01-04 04:02:53] Rado : not sure what happens that triggers this, but need to check the code and figure it out
[2017-01-04 04:03:40] j8 : i see, well i think the market technically closes for a second
[2017-01-04 04:03:57] Rado2 : right
[2017-01-04 04:03:59] alejandromasari : who else is short here?
[2017-01-04 04:04:02] alejandromasari : should we short?
[2017-01-04 04:04:15] Rado2 : so my loop runs every 2 seconds and I guess it hist an error
[2017-01-04 04:04:24] brojo : alejandromasari: short now 100x
[2017-01-04 04:04:26] rapidtrades : usd/cnh is now lower then it was on nov24
[2017-01-04 04:05:02] rapidtrades : so the last 1.5 months wasn't about yuan devaluation or 'capital flight'
[2017-01-04 04:05:05] brojo : alejandromasari: btc/cny 20k+ in the next 7-14 days
[2017-01-04 04:05:11] rapidtrades : a ban is coming imo
[2017-01-04 04:05:13] brojo : watch its going to be all over news and fomo
[2017-01-04 04:05:29] alejandromasari : brojo: WHY?
[2017-01-04 04:05:32] Rado2 : rapidtrades: that will be fun
[2017-01-04 04:05:43] brojo : there is no media yet
[2017-01-04 04:05:46] rapidtrades : well more restrictions not an outrgiht ban
[2017-01-04 04:05:46] MikeHunt : rapidtrades: they can do worse than a ban
[2017-01-04 04:05:49] brojo : remember last time before the crash
[2017-01-04 04:05:51] brojo : the parabolic move
[2017-01-04 04:06:02] imapotato : nom nom 1050 will fall on finex
[2017-01-04 04:06:03] brojo : THere is no water cooler talk or neighbors mentioning it yet
[2017-01-04 04:06:20] brojo : when your aunt/uncle call you to ask how to buy some then you short
[2017-01-04 04:06:34] MikeHunt : once stamp/finex hit 999 its over imo
[2017-01-04 04:06:41] j8 : Rado2: you might want to cancel right before funding anyway
[2017-01-04 04:06:55] brojo : https://www.tradingview.com/chart/BTCCNY/QtB0KPEc-Bitcoin-Ascension-2-0-You-Can-Not-Abort/
[2017-01-04 04:06:55] imapotato : 50 btc left!
[2017-01-04 04:07:02] REKT : Liquidated short on `XBTUSD`: buy 110001 @ 1048.74 **EPIC REKT** :unamused: :confounded: :astonished:
[2017-01-04 04:07:05] rapidtrades : anyone trading through btce mt4 tonight?
[2017-01-04 04:07:14] Milkman : Bring on the margin calls
[2017-01-04 04:07:20] imapotato : 3 btc left
[2017-01-04 04:07:21] Milkman : Ouch
[2017-01-04 04:07:37] MikeHunt : im shorting around here but im gonna send a suicidal long upwards
[2017-01-04 04:07:45] Rado2 : j8: the problem is it takes 1 min for my bot to start, since I have a cron job that runs every min
[2017-01-04 04:07:45] imapotato : 1050 taken out at bitfinex
[2017-01-04 04:07:58] rapidtrades : Rado2: whats a cron job
[2017-01-04 04:08:03] Rado2 : so I need to handle this error
[2017-01-04 04:08:11] firecasey : ive had a deposit pending for 45 mins. Is that normal?
[2017-01-04 04:08:12] brojo : REKT: where do you see that or was that your own?
[2017-01-04 04:08:15] Rado2 : rapidtrades: process that runs on linux
[2017-01-04 04:08:15] imapotato : a cron job executes at intervals
[2017-01-04 04:08:17] firecasey : no confirmations yet
[2017-01-04 04:08:33] Rado2 : brojo: REKT is a bot that posts all liquidations
[2017-01-04 04:08:45] brojo : rapidtrades: its a script that runs every x seconds,minutes,hours,days etc...
[2017-01-04 04:08:51] j8 : Rado2: yeah you should handle it, don't crash but do something to avoid getting swept right after a big funding
[2017-01-04 04:08:55] rapidtrades : firecasey: it's 1 confirmation so yes its normal if u used a lower then average fee
[2017-01-04 04:09:03] brojo : i was posted on there the other day trying to short --- ive changed
[2017-01-04 04:09:05] Rado2 : j8: right
[2017-01-04 04:09:11] brojo : mine was 250k contract xbtusd short rekt
[2017-01-04 04:09:26] imapotato : getting so close to ATHs
[2017-01-04 04:09:36] Milkman : Nice rekt
[2017-01-04 04:09:56] Rado2 : brojo: when?
[2017-01-04 04:10:01] brojo : 2 days ago
[2017-01-04 04:10:05] Milkman : 50x?
[2017-01-04 04:10:09] brojo : was at doctor and couldnt get my phone to sell prior to
[2017-01-04 04:10:13] brojo : yes 50x
[2017-01-04 04:10:18] brojo : short
[2017-01-04 04:10:26] brojo : when it sold off real quick and bounced back
[2017-01-04 04:10:27] imapotato : brojo: never short btc
[2017-01-04 04:10:29] brojo : i shorted at botom
[2017-01-04 04:10:33] brojo : yeah i learned
[2017-01-04 04:10:37] imapotato : lol
[2017-01-04 04:10:37] Milkman : That's like 5 btc
[2017-01-04 04:10:38] brojo : i usually just short altcoins
[2017-01-04 04:10:44] brojo : yeah it was 5btc or more i think
[2017-01-04 04:11:01] brojo : im up 7btc today long xbc
[2017-01-04 04:11:24] brojo : plus btc value way up helps too need to sleep at some point and get ready for another day to do the same
[2017-01-04 04:11:36] imapotato : be careful brojo
[2017-01-04 04:11:56] brojo : all about entry --- stop limits and keeping your targets staggered with multiple sells
[2017-01-04 04:12:26] brojo : have 35k xbch17 and 68k xbtusd right now
[2017-01-04 04:12:47] Rado2 : j8: do you know if the ticker API call has the size of the bid and ask?
[2017-01-04 04:12:47] brojo : xbch at 7650 xbt at 1039.50
[2017-01-04 04:13:06] rapidtrades : note that ZEC has stayed stable around 0.05 BTC during the entire pump
[2017-01-04 04:13:08] brojo : trying to exit yuan at 8k
[2017-01-04 04:13:18] brojo : eth up 20% today
[2017-01-04 04:13:33] rapidtrades : meaning it's gone up 20% since end of Nov in dollar terms
[2017-01-04 04:13:39] brojo : when that sold off then btc rose --- i think whales are all going to come pump bitcoin up to insane levels and media will get the sheep
[2017-01-04 04:14:01] REKT : Liquidated short on `XBTH17`: buy 100 @ 1121.50
[2017-01-04 04:14:19] rapidtrades : ZH has warned readers in 3 seperate articles to stay out
[2017-01-04 04:14:41] 24hourz : rapidtrades: of btc ?
[2017-01-04 04:14:42] brojo : ZH also has been saying stay out of stocks for last 5 years
[2017-01-04 04:14:44] brojo : and to buy gold
[2017-01-04 04:15:04] rapidtrades : and btc
[2017-01-04 04:15:31] MikeHunt : ZH isnt wrong about gold
[2017-01-04 04:15:39] MikeHunt : gold will go down as people transfer to crypto
[2017-01-04 04:15:52] imapotato : gold and silver are good, bitcoin is better
[2017-01-04 04:16:07] MikeHunt : as global economy death spirals bitcoin will spike and gold stay flat
[2017-01-04 04:16:16] MikeHunt : unless gold manipulation is ended
[2017-01-04 04:16:26] MikeHunt : then as banking system starts to collapse
[2017-01-04 04:16:28] MikeHunt : btc fall
[2017-01-04 04:16:29] MikeHunt : gold rise
[2017-01-04 04:16:37] MikeHunt : majority of world will be left with either btc/fiat
[2017-01-04 04:16:37] 24hourz : if the etf gets approved on the 10th or 29th then then bitcoin shoukd really start to bubble
[2017-01-04 04:16:41] rapidtrades : there will be no 'global economy death' u ppl are ridiculous
[2017-01-04 04:16:46] imapotato : No
[2017-01-04 04:16:53] micmix : j8: in the past swap switched to high negative premium very fast on dumps. I think negative funding is going to be really high in a bear market
[2017-01-04 04:16:57] MikeHunt : rapidtrades: all countries apart from Russia are heavily in debt
[2017-01-04 04:17:08] 24hourz : but I want my economic Armageddon
[2017-01-04 04:17:15] brojo : negative premium right now
[2017-01-04 04:17:18] 24hourz : Too big to fail !!!
[2017-01-04 04:17:28] brojo : oop nevermind just price drop
[2017-01-04 04:17:34] Rado2 : micmix: what do you mean by real high? I thought there is a cap
[2017-01-04 04:17:42] brojo : what is xbt made up of --- its 3 dif prices right?
[2017-01-04 04:17:45] imapotato : When the banking system collapses, it will be hard to trade USD for BTC. However, that will be the day Bitcoin becomes the primary medium of exchange globally. "When the time comes, you won't need to sell your bitcoins"
[2017-01-04 04:17:51] j8 : micmix: yep it goes both ways. no one remembers what a bear market is
[2017-01-04 04:17:52] micmix : real high like almost at cap
[2017-01-04 04:17:57] rapidtrades : MikeHunt: countries are always in debt dummy....cos they spend more then they take in taxes
[2017-01-04 04:18:06] rapidtrades : hasn't crashed us yet
[2017-01-04 04:18:35] MikeHunt : rapidtrades: its actually a lot worse than that
[2017-01-04 04:18:37] micmix : j8: plus swap is an inverse instrument, so btc profit from shorts is higher
[2017-01-04 04:18:39] rapidtrades : kraken adds monero
[2017-01-04 04:18:42] Rado2 : micmix: you mean every 8 hours will be close to cap and not go down
[2017-01-04 04:18:51] micmix : Rado2: yep
[2017-01-04 04:18:54] rapidtrades : was this posted yet
[2017-01-04 04:19:01] MikeHunt : imapotato: i think btc or similar will become global currency but not until a reset and most of the precious metals are in the elites hands
[2017-01-04 04:19:07] Rado2 : rapidtrades: yes
[2017-01-04 04:19:27] brojo : what do you guys park your money in when you are sleeping
[2017-01-04 04:19:28] rapidtrades : damit i thought im getting in at start
[2017-01-04 04:19:29] j8 : we could have a great bear market after this finds a top
[2017-01-04 04:19:58] MikeHunt : j8: down to mean then continue pump imo
[2017-01-04 04:20:00] rapidtrades : j8 stating the obvious and the Greek was wrong
[2017-01-04 04:20:10] j8 : like a year of slow bleed with dumps and bounces
[2017-01-04 04:20:36] brojo : j8: i agree i just think the top is much higher on btc 2.0 then it was 1.0 --- much more users / traders / investors
[2017-01-04 04:20:38] rapidtrades : it has to crash before u get the laxury of slow bleeds
[2017-01-04 04:20:45] l3f : rapidtrades: and to think, rapidlosses was going to short this ralley
[2017-01-04 04:20:51] l3f : rally*
[2017-01-04 04:21:08] brojo : it sells off alot quicker then it goes up and its shot up so its going to fall quickly when it does
[2017-01-04 04:21:43] j8 : sure, like 1600 -> 1000 -> 1200
[2017-01-04 04:21:54] rapidtrades : there are dip buyers now very close to market, they've been taught that it works
[2017-01-04 04:21:58] MikeHunt : brojo: this is a bump in a larger bubble imo
[2017-01-04 04:22:18] rapidtrades : but once they get overwhelmed it will be brutal
[2017-01-04 04:22:23] brojo : MikeHunt: i believe we hit 20k btc/cny in like the next 2 weeks then bubble pops back down to these levels
[2017-01-04 04:22:34] l3f : brojo: my man
[2017-01-04 04:22:40] brojo : trying to figure out where to store my money while i sleep
[2017-01-04 04:22:47] Rado2 : rapidtrades: they never learn
[2017-01-04 04:22:47] brojo : l3f: whats good
[2017-01-04 04:22:49] rapidtrades : first 10% drop will be hard, next 10% will be like knife through butter
[2017-01-04 04:22:55] Rado2 : I am expecting the same soon
[2017-01-04 04:23:03] MikeHunt : brojo: good question how high the bots can drag this but real volume simply isnt there yet
[2017-01-04 04:23:05] l3f : https://www.tradingview.com/chart/BTCCNY/QtB0KPEc-Bitcoin-Ascension-2-0-You-Can-Not-Abort/
[2017-01-04 04:23:09] brojo : everyone expecting the drop
[2017-01-04 04:23:11] l3f : we're both on this chart I think
[2017-01-04 04:23:17] brojo : yes!
[2017-01-04 04:23:24] brojo : i completely agree with it
[2017-01-04 04:23:31] brojo : i have a few charts of my own on there
[2017-01-04 04:23:38] brojo : have been pretty good last few days
[2017-01-04 04:23:40] alejandromasari : i took some guy's advice and shorted at 100x
[2017-01-04 04:23:42] alejandromasari : :-(
[2017-01-04 04:23:46] alejandromasari : now im down lol
[2017-01-04 04:23:52] MikeHunt : alejandromasari: so am i a bit
[2017-01-04 04:23:52] brojo : https://www.tradingview.com/u/rjjm94/
[2017-01-04 04:24:00] MikeHunt : but i dont want to dance at the top
[2017-01-04 04:24:07] alejandromasari : brojo: you told me go short ~~~
[2017-01-04 04:24:14] alejandromasari : im down man
[2017-01-04 04:24:15] alejandromasari : wtf
[2017-01-04 04:24:23] brojo : lol i was kidding man i said that we are going to 20k
[2017-01-04 04:24:33] brojo : this is not a place to get advice
[2017-01-04 04:24:40] MikeHunt : brojo: we're struggling to make 8k
[2017-01-04 04:24:44] brojo : you need to be smarter than that to be successful trader
[2017-01-04 04:24:55] Gekko : Is a chip shot to 1100 from here
[2017-01-04 04:24:56] Milkman : 400 cny from ath
[2017-01-04 04:24:57] brojo : MikeHunt: i would hardly call this struggling
[2017-01-04 04:25:03] alejandromasari : lol
[2017-01-04 04:25:04] l3f : alejandromasari: I thought you told sleger you were a wall st pro
[2017-01-04 04:25:06] alejandromasari : I am actuallly long
[2017-01-04 04:25:20] alejandromasari : not long enough though
[2017-01-04 04:25:25] brojo : alejandromasari: @l3f i was on wall street last 8 years
[2017-01-04 04:25:26] alejandromasari : i got partial fill
[2017-01-04 04:25:49] brojo : left to start digital forex lead gen company and have been day trading coins like 20 hours a day --- learned alot and finally starting to build a nice big bag of coins
[2017-01-04 04:25:50] l3f : 20k cny as conservative target
[2017-01-04 04:25:51] alejandromasari : I wanted 8k got only2 k
[2017-01-04 04:26:26] brojo : im going to get my xbch17 8k tonight before bed time it looks
[2017-01-04 04:26:29] narnarfromnarnia : this dump is gonna be so fast so many longs about to be rekt
[2017-01-04 04:26:59] brojo : narnarfromnarnia: reminds me of s&p 500 dump that evrery one has waited for since 09
[2017-01-04 04:27:08] brojo : narnarfromnarnia: and interest rate rise
[2017-01-04 04:27:11] narnarfromnarnia : possibly
[2017-01-04 04:27:26] REKT : Liquidated short on `XBTUSD`: buy 150 @ 1049.48
[2017-01-04 04:27:27] MikeHunt : the top could be 8K
[2017-01-04 04:27:42] MikeHunt : i just wonder how deleraging will work once it really tips
[2017-01-04 04:27:47] MikeHunt : insurance fund wont last long imo
[2017-01-04 04:27:48] brojo : MikeHunt: where do you park your money in when sleeping incase a dump
[2017-01-04 04:27:53] alejandromasari : brojo: why do you do the futures
[2017-01-04 04:28:00] alejandromasari : brojo: so not liquid
[2017-01-04 04:28:13] brojo : alejandromasari: so that I can get 50x leverage
[2017-01-04 04:28:17] l3f : let the fomo flow through you
[2017-01-04 04:28:17] MikeHunt : brojo: depends
[2017-01-04 04:29:03] brojo : MikeHunt: i was thinking small small 25x short contract to protect the price of my portfolio of about 25btc ---- or just like LTC or something that is low vol
[2017-01-04 04:29:09] alejandromasari : someone please short at 1052
[2017-01-04 04:30:19] brojo : what is most non-correlated alt coin something that is liquid and i can jump in and out of when i wake up
[2017-01-04 04:30:34] brojo : might go over to ETC i see a nice pattern forming there
[2017-01-04 04:30:37] alejandromasari : please short more at 1052
[2017-01-04 04:31:06] REKT : Liquidated short on `XBTUSD`: buy 7200 @ 1049.99
[2017-01-04 04:31:41] alejandromasari : short at 1053
[2017-01-04 04:32:06] REKT : Liquidated short on `XBTUSD`: buy 100 @ 1050.38
[2017-01-04 04:32:23] brojo : i bet this rekt bot could be a nice indicator to use
[2017-01-04 04:32:33] alejandromasari : it sure it @brojo
[2017-01-04 04:32:34] brojo : can you API this chat and add up the liquidated shorts
[2017-01-04 04:32:49] alejandromasari : brojo: yup
[2017-01-04 04:32:51] REKT : Liquidated short on `XBTUSD`: buy 10000 @ 1051.90
[2017-01-04 04:32:52] brojo : i guess theres irc so i could code something real quick
[2017-01-04 04:32:55] brojo : does anyone have that
[2017-01-04 04:33:16] alejandromasari : brojo: i make a living fot I have wrote my own API
[2017-01-04 04:33:39] Alls : Actually I would like a app that update me on the coin rate
[2017-01-04 04:33:41] alejandromasari : brojo: i make a living for a I have wrote my own API
[2017-01-04 04:33:53] Alls : Using bitmex buy and sell instead of market rate
[2017-01-04 04:34:24] nOgAnOo : If I make a good scalp but my overall trade is under water am I actually LOSING money from that scalp?
[2017-01-04 04:34:29] imapotato : new rally highs across the board, and bitstamp is closing in on 1050
[2017-01-04 04:34:41] brojo : no
[2017-01-04 04:35:01] brojo : if u buy at 1050 and its selling for 1054 and the mark price is 1045
[2017-01-04 04:35:06] brojo : as long as mark price isnt below your liquidation
[2017-01-04 04:35:17] brojo : u can go sell at 1054 and have that $4 gain x your leverage
[2017-01-04 04:35:40] brojo : minus fee of course
[2017-01-04 04:39:28] laisee : brojo: there is twitter feed @rektbitmex for liquidations
[2017-01-04 04:40:26] laisee : can share code if you use python
[2017-01-04 04:41:26] brojo : funes ‏@RektBitmex Jan 2 Liquidated Short position on XBTUSD. Limit Buy order for 141500 @ 1019.2 created on http://www.bitmex.com
[2017-01-04 04:41:28] brojo : that one was me
[2017-01-04 04:41:35] brojo : funes ‏@RektBitmex Jan 2 Liquidated Short position on XBTH17. Limit Buy order for 170000 @ 1105.77 created on http://www.bitmex.com
[2017-01-04 04:41:36] brojo : so was that
[2017-01-04 04:42:02] l3f : laisee: Haha since when
[2017-01-04 04:42:16] brojo : ^^^hence why you done use leveraged shorting in a bull run like this