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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[2017-01-05 01:35:30] imapotato : MikeHunt: So you're not locking in the premium when you buy a contract, you just lock in the price.
[2017-01-05 01:35:51] imapotato : MikeHunt: If you're trading short term, odds are the premium won't affect you much.
[2017-01-05 01:35:57] cookielito : ludicrous speed
[2017-01-05 01:36:03] imapotato : Because the premium usually won't change much from the time you buy until the time you sell.
[2017-01-05 01:36:09] trejderjack : i hate bitstamp, cant believe bitmex uses shitstamp in their index
[2017-01-05 01:36:11] imapotato : But right now, the premium has been increasing kinda fast.
[2017-01-05 01:36:37] immackay : last dump before 8888
[2017-01-05 01:36:46] imapotato : ... dump?
[2017-01-05 01:36:55] imapotato : immackay: what the hell are you watching
[2017-01-05 01:37:21] cookielito : finex is going nuts
[2017-01-05 01:37:52] happy : immackay: another dump?
[2017-01-05 01:38:06] Milkman : finex isnt near 1150 high yet
[2017-01-05 01:38:14] Milkman : china ready to bust a nut and go to 8700
[2017-01-05 01:38:26] imapotato : It's 1.5% short of 1150...
[2017-01-05 01:38:38] Milkman : and 0kcoin is 26 cny away from new ath
[2017-01-05 01:39:10] l3f : Only 1.4k CNY from 10k CNY
[2017-01-05 01:39:14] MikeHunt : imapotato: ty for help btw
[2017-01-05 01:39:22] imapotato : MikeHunt: np
[2017-01-05 01:39:27] imapotato : I'm no expert, but I'll share what I do know.
[2017-01-05 01:39:45] moo : is yuan that weak
[2017-01-05 01:40:05] imapotato : moo: I think a weakening yuan is one of the primary drivers in this rally.
[2017-01-05 01:40:23] imapotato : finex is not slowing down
[2017-01-05 01:40:28] cookielito : imapotato: but why is it weakening
[2017-01-05 01:40:39] imapotato : cookielito: because governments suck
[2017-01-05 01:40:42] cookielito : there is a whole net of concepts that come to mind
[2017-01-05 01:40:52] cookielito : imapotato: yes but we are deeper than that
[2017-01-05 01:40:59] Milkman : new ATH open contracts for xbth17. when will those shorts close
[2017-01-05 01:41:04] imapotato : knocking on ATH in China
[2017-01-05 01:41:13] Milkman : 0kcoin was 10 cny from new high
[2017-01-05 01:41:38] imapotato : Milkman: lots of shorts will probably be closed by force soon if this continues
[2017-01-05 01:41:43] Milkman : ready for that finex fomo 1000 btc 1 minute candles
[2017-01-05 01:42:03] PARAFFIN : lol
[2017-01-05 01:42:21] Milkman : new high in china
[2017-01-05 01:42:24] imapotato : 4 yuan to ATH
[2017-01-05 01:42:33] Milkman : no fireworks yet
[2017-01-05 01:42:34] imapotato : ath on okcasino
[2017-01-05 01:42:44] Milkman : there we go
[2017-01-05 01:42:46] Milkman : and we're off
[2017-01-05 01:42:48] imapotato : okcasino is polite, waiting for hoobi
[2017-01-05 01:42:54] imapotato : we are off indeed
[2017-01-05 01:43:02] REKT : Liquidated short on `XBTH17`: buy 3000 @ 1279.18
[2017-01-05 01:43:11] imapotato : Won't be the first rekt, I reckon.
[2017-01-05 01:43:11] cookielito : we are off gents!
[2017-01-05 01:43:32] Milkman : going to be over 9000
[2017-01-05 01:43:32] l3f : H17 orderbook cleared
[2017-01-05 01:43:34] l3f : and ready for take off
[2017-01-05 01:43:40] MikeHunt : even 10k is small
[2017-01-05 01:43:42] QuantFocus : lol
[2017-01-05 01:43:51] MikeHunt : this is going to be a massive bubble imo
[2017-01-05 01:43:58] imapotato : mother of god
[2017-01-05 01:44:00] l3f : Buy and hold just keep winning
[2017-01-05 01:44:10] imapotato : I think we need to cool off for a second here at 8700
[2017-01-05 01:44:18] imapotato : So that we can appreciate what happens at 8888
[2017-01-05 01:44:40] MikeHunt : 8888 will cause it to go up even faster imo
[2017-01-05 01:45:04] MikeHunt : 7000-7999 was potential danger zone as its unlucky in china
[2017-01-05 01:45:26] MikeHunt : china gambling habits x greed x gox bubble x china fake loans = big massive bubble
[2017-01-05 01:45:46] MikeHunt : even during bed time the btc per minute is huge
[2017-01-05 01:46:28] imapotato : It's morning in China. We've got a day of excitement ahead of us.
[2017-01-05 01:47:05] immackay : drop it like its hot
[2017-01-05 01:47:14] cookielito : this shit is crazy
[2017-01-05 01:47:57] MikeHunt : buy XMR and long bitcoin with leverage
[2017-01-05 01:47:58] Milkman : it's like finex is low on money
[2017-01-05 01:48:06] MikeHunt : if it drops, XMR catches up, otherwise u make $
[2017-01-05 01:48:21] MikeHunt : either way
[2017-01-05 01:48:21] happy : triple top
[2017-01-05 01:49:33] aethlios : in 30 hours futures expiration, so need calm to roll over positions
[2017-01-05 01:49:47] Milkman : china running low on greater fools maybe
[2017-01-05 01:49:54] Milkman : or else west holding them down
[2017-01-05 01:50:24] imapotato : ha
[2017-01-05 01:50:29] imapotato : 1 calm, coming right up! /s
[2017-01-05 01:51:04] Milkman : who fomo bought 20k at 1299
[2017-01-05 01:51:45] Milkman : 1050 to 1299 today. great job everyone
[2017-01-05 01:52:19] imapotato : I'm closing my long.... to reopen it in a few seconds.
[2017-01-05 01:52:23] imapotato : Finally going to realize this PNL
[2017-01-05 01:52:42] Milkman : scare wall on 0kcoin
[2017-01-05 01:53:06] MikeHunt : bots can make fake walls
[2017-01-05 01:54:52] Milkman : finex and stamp look ready to roll over and die. then china makes new highs
[2017-01-05 01:56:14] Milkman : even btce made a new ath
[2017-01-05 01:56:21] imapotato : >1275.00 3210 pls buy ty
[2017-01-05 01:56:34] XBT_IHCT : MikeHunt: if a bot puts an order in the book and you fill it how is that "fake"?
[2017-01-05 01:58:19] immackay : holy I just looked at bfx and bearstamps graphs
[2017-01-05 01:58:24] immackay : what have they been doing
[2017-01-05 01:58:32] MikeHunt : XBT_IHCT: bots fill each others orders
[2017-01-05 01:58:42] REKT : Liquidated long on `XBCH17`: sell 3000 @ 9117.6
[2017-01-05 01:59:45] happy : Liquidated long on XBCH17: sell 3000 @ 9117.6
[2017-01-05 01:59:46] XBT_IHCT : MikeHunt: MM bots don't fill orders
[2017-01-05 02:00:01] happy : This REKT could avoid..
[2017-01-05 02:00:04] imapotato : I realized just over half of my position.
[2017-01-05 02:00:09] imapotato : Got back in at like $1 lower
[2017-01-05 02:00:19] MikeHunt : XBT_IHCT: on chinese exchanges they have 0 fees for bots and are able to manipulate price
[2017-01-05 02:00:43] happy : MikeHunt: Do you know which bots are they using?
[2017-01-05 02:00:48] imapotato : edit: I actually got back in at $8.50 less, nice.
[2017-01-05 02:00:51] XBT_IHCT : MikeHunt: oh I thought you were talking about here
[2017-01-05 02:00:53] muirtastic : Wo the market price for Perpetual Swap is $20 above Mark price. I wonder if that means the Funding fee will be .3750 for awhile.
[2017-01-05 02:00:59] muirtastic : I don't really understand how that all works
[2017-01-05 02:01:20] MikeHunt : happy: no lol
[2017-01-05 02:01:30] MikeHunt : XBT_IHCT: need 0 fees to do what they're doing
[2017-01-05 02:01:37] MikeHunt : or very very low fees worst case
[2017-01-05 02:01:47] MikeHunt : gox did same thing apparently
[2017-01-05 02:02:14] imapotato : finex wants 1150 back
[2017-01-05 02:02:19] XBT_IHCT : MikeHunt: I was not around in the gox era
[2017-01-05 02:02:36] happy : muirtastic: Is it better to short Bitcoins about one minute before the funding? And bought back immediately?
[2017-01-05 02:02:56] MikeHunt : XBT_IHCT: this could be the same but much larger as long as no black swans
[2017-01-05 02:02:59] imapotato : imo, the markets are so much healthier with trading spread out over so many different exchanges, and OTC, and person-to-person (e.g. localbitcoins)
[2017-01-05 02:03:07] imapotato : It used to be like 95% gox
[2017-01-05 02:03:15] imapotato : one order book, one price
[2017-01-05 02:03:24] imapotato : one website to ddos in order to bring btc price crashing down
[2017-01-05 02:03:39] MikeHunt : happy: shorting in a bull market... http://www.zerohedge.com/sites/default/files/images/user5/imageroot/steamroller.png
[2017-01-05 02:04:29] happy : but 0.375% with 100x, it's like 37.5% of your money
[2017-01-05 02:04:32] imapotato : finex still inching higher
[2017-01-05 02:04:38] MikeHunt : imapotato: i have noticed increased botnet attacks against huobi/okcoin though
[2017-01-05 02:04:49] imapotato : 1145 finex!
[2017-01-05 02:05:00] imapotato : $3 to ath
[2017-01-05 02:05:11] happy : MikeHunt: nice picture, but all pennies
[2017-01-05 02:05:12] imapotato : $3.1*
[2017-01-05 02:05:49] happy : MikeHunt: should change it at least to quarters.
[2017-01-05 02:05:51] imapotato : $.20 to ath on finex
[2017-01-05 02:06:01] imapotato : It was nice of China to wait for finex to catch up
[2017-01-05 02:06:02] Milkman : bitfinex there we go
[2017-01-05 02:06:06] imapotato : bitstamp is a lost cause
[2017-01-05 02:06:26] MikeHunt : happy: i tried it, it wasnt worth the hassle imo, i couldnt get any sleep
[2017-01-05 02:06:33] Milkman : $25 away from ATH. lets do it
[2017-01-05 02:06:33] imapotato : might take a bit for finex to chew $1150, though. 300 coins up there.
[2017-01-05 02:06:47] imapotato : oh shit I've been saying ATH for finex. I meant rally high, my bad.
[2017-01-05 02:07:14] happy : I think this will not go to ATH before fundings..
[2017-01-05 02:07:33] imapotato : It could.
[2017-01-05 02:08:00] PARAFFIN : Someone knows why my market buy of my short order got cancelled and then a new order got created with much higher price?
[2017-01-05 02:08:00] MikeHunt : happy: nope
[2017-01-05 02:08:15] imapotato : PARAFFIN: were you liquidated?
[2017-01-05 02:08:22] MikeHunt : imapotato: parabollic curve suggests this could last a while
[2017-01-05 02:08:23] happy : Gold also to the moon
[2017-01-05 02:08:28] imapotato : PARAFFIN: did you close "close position"?
[2017-01-05 02:08:36] PARAFFIN : yes i did a market close
[2017-01-05 02:08:42] imapotato : market close will cancel other orders
[2017-01-05 02:08:58] PARAFFIN : i did market closee
[2017-01-05 02:09:14] imapotato : It's meant to close you out to zero completely for the instrument, and cancels all open orders.
[2017-01-05 02:09:23] imapotato : That's why your "market buy of my short order got cancelled "
[2017-01-05 02:09:27] imapotato : I'm assuming.
[2017-01-05 02:11:02] PARAFFIN : uhm
[2017-01-05 02:11:45] PARAFFIN : I thought market works on the orders in the order book?
[2017-01-05 02:12:51] PARAFFIN : ahh ok
[2017-01-05 02:13:15] Milkman : nice bitmex did a withdraw 4 hours ago
[2017-01-05 02:13:16] PARAFFIN : thanks
[2017-01-05 02:15:27] REKT : Liquidated short on `XBTUSD`: buy 100 @ 1134.66
[2017-01-05 02:16:18] happy : oooops
[2017-01-05 02:16:40] happy : People short this, and price went down... But the mark price is going up...
[2017-01-05 02:17:59] imapotato : which direction are we going
[2017-01-05 02:18:05] Milkman : down
[2017-01-05 02:18:09] happy : up to the moon
[2017-01-05 02:18:11] MikeHunt : temporarily down
[2017-01-05 02:18:45] MikeHunt : it moves in a certain pattern
[2017-01-05 02:19:00] imapotato : Position closed. 77% profit.
[2017-01-05 02:19:11] imapotato : now... where to re-enter
[2017-01-05 02:19:17] Milkman : finex double top dump
[2017-01-05 02:19:26] immackay : oopw
[2017-01-05 02:19:38] imapotato : finex had no steam when it hit 1150 this time :'(
[2017-01-05 02:19:42] imapotato : Nobody chewed.
[2017-01-05 02:19:58] MikeHunt : lowest will be 8400 imo
[2017-01-05 02:20:01] nOgAnOo : Jesus loves you all
[2017-01-05 02:20:03] MikeHunt : then quick pump up
[2017-01-05 02:20:28] imapotato : I think finex needs to dip fully yet.
[2017-01-05 02:20:33] imapotato : Hasn't moved much.
[2017-01-05 02:20:42] MikeHunt : correction to 8400-8500 then up
[2017-01-05 02:20:46] Milkman : finex orderbook is empty to like 1100
[2017-01-05 02:21:07] MikeHunt : Milkman: depends what demographics are like on finex
[2017-01-05 02:21:14] MikeHunt : chinese use okc/huobi
[2017-01-05 02:21:23] MikeHunt : china owns 90%+ market
[2017-01-05 02:21:34] Milkman : china makes this so confusing. they refuse to dump and stamp and finex are just barely hanging on
[2017-01-05 02:21:44] MikeHunt : Milkman: they wont dump it
[2017-01-05 02:21:49] MikeHunt : only black swan can kill it
[2017-01-05 02:21:58] MikeHunt : even then its a temporary set back
[2017-01-05 02:22:06] imapotato : that was weak
[2017-01-05 02:22:09] imapotato : Am I supposed to buy back already
[2017-01-05 02:22:17] MikeHunt : bitcoin is designed to destroy inefficient regimes
[2017-01-05 02:22:18] Milkman : they dumped 4.3% earlier
[2017-01-05 02:22:47] Milkman : imapotato: i say wait for finex to break 1150
[2017-01-05 02:22:51] MikeHunt : since this is 3rd touch it could go up from heere
[2017-01-05 02:22:55] Milkman : and let china do whatever till then
[2017-01-05 02:22:59] MikeHunt : or start from lower
[2017-01-05 02:23:05] MikeHunt : but its parabollic so could be here
[2017-01-05 02:24:46] imapotato : I'm still on the sidelines.
[2017-01-05 02:25:03] rapidtrades : any news on leverage cut
[2017-01-05 02:26:11] Milkman : no
[2017-01-05 02:26:17] Milkman : still in the discussion phase
[2017-01-05 02:26:44] rapidtrades : well that's just great
[2017-01-05 02:27:02] MikeHunt : should resume pump by 3am
[2017-01-05 02:27:04] Milkman : they are mainly hoping for a giant dump to fix the issue
[2017-01-05 02:27:05] sleger : leverage reduction would reduce fees
[2017-01-05 02:27:28] l3f : sleger: making bank 0.375% at a time?
[2017-01-05 02:27:52] sleger : im also long overall
[2017-01-05 02:28:02] rapidtrades : correct me if im wrong but longs already have a levrage cut cos they have to put up more margin to finance the gap
[2017-01-05 02:28:11] l3f : sleger: on swap>?
[2017-01-05 02:28:26] l3f : Did you fully unhedge?
[2017-01-05 02:28:27] rapidtrades : and cos 90% of ppl are bullish here so fees won't get reduced as much
[2017-01-05 02:28:29] sleger : no, but not that short anymore
[2017-01-05 02:28:50] sleger : rapidtrades: cant trade as much with 50x vs 100x
[2017-01-05 02:29:39] rapidtrades : if u go long swap now, aren't u esentially cut to 50/1 anyway?
[2017-01-05 02:30:04] rapidtrades : u have to put up 1.4% + maintenance plus 0.375%
[2017-01-05 02:30:13] rapidtrades : so close to 2%?
[2017-01-05 02:30:45] sleger : 1.4%?
[2017-01-05 02:31:05] rapidtrades : well u have to fully fund the gap 1145 to 1132
[2017-01-05 02:31:30] rapidtrades : otherwise system will reject the trade no?
[2017-01-05 02:31:41] nOgAnOo : Hey rapidtrades. *hugs*
[2017-01-05 02:31:42] sleger : i trade on cross usually
[2017-01-05 02:31:55] sleger : not an expert of isolated margin calcs
[2017-01-05 02:32:13] immackay : sleger: I think he's talking about the difference between last and index price
[2017-01-05 02:32:25] sleger : thanks but no
[2017-01-05 02:32:48] sleger : last isnt used anywhere AT ALL
[2017-01-05 02:33:22] imapotato : >1272.00 8000 I'm getting back in, if you will have me.
[2017-01-05 02:33:24] rapidtrades : sleger: try it on one of ur alts with 1 contract at 100/1?
[2017-01-05 02:33:40] imapotato : I am had.
[2017-01-05 02:33:43] Milkman : good luck imapotato
[2017-01-05 02:33:52] Milkman : i'll buy your margin call soon
[2017-01-05 02:33:57] imapotato : lolol
[2017-01-05 02:33:59] imapotato : I hope not
[2017-01-05 02:34:02] imapotato : >Liq. price: 997.03
[2017-01-05 02:34:07] Milkman : ah
[2017-01-05 02:34:07] rapidtrades : anyway that's the impression i had from earlier discussion
[2017-01-05 02:34:31] rapidtrades : makes sense cos otherwise u would be insta-margin called
[2017-01-05 02:35:04] immackay : rapidtrades: I don't think he understands what you mean
[2017-01-05 02:35:15] imapotato : Ugh. Now my unrealized PNL is slightly negative.
[2017-01-05 02:35:22] imapotato : Never should have realized those profits, now it looks hideous :(
[2017-01-05 02:35:38] rapidtrades : nOgAnOo: i hope ur not back with new money
[2017-01-05 02:35:49] imapotato : nOgAnOo: go to bed
[2017-01-05 02:35:54] nOgAnOo : no, absolutely not
[2017-01-05 02:36:01] nOgAnOo : not trading anymore for a while
[2017-01-05 02:36:05] nOgAnOo : until i get financially stable
[2017-01-05 02:36:10] rapidtrades : not until u get ur new steems huh
[2017-01-05 02:36:14] nOgAnOo : not gonna gamble away the money i use to survive
[2017-01-05 02:36:18] immackay : nOgAnOo: do what I did, bring your account back from 0.006
[2017-01-05 02:36:20] nOgAnOo : you need a lot of money to secure a good trade
[2017-01-05 02:36:34] nOgAnOo : immackay, i'm working my way up from 0002 hehe
[2017-01-05 02:36:42] immackay : oh boy
[2017-01-05 02:36:52] rapidtrades : i heard the same story this morning, right before u went busto a second time
[2017-01-05 02:36:56] nOgAnOo : I'm listing all my antiques and garden seeds on ebay now
[2017-01-05 02:37:07] nOgAnOo : selling 55 unique packs of camel cigs for 600 dollars or best offer
[2017-01-05 02:37:10] rapidtrades : 'garden seeds'
[2017-01-05 02:37:23] imapotato : oh god china heard me buying back my longs
[2017-01-05 02:37:24] imapotato : dump incoming
[2017-01-05 02:37:28] nOgAnOo : I don't have a seller account on alphabay or I'd sell my other "garden seeds"
[2017-01-05 02:37:29] immackay : sell your house
[2017-01-05 02:37:31] immackay : sell your wife
[2017-01-05 02:37:33] immackay : sell your kids
[2017-01-05 02:37:37] immackay : buy bitcoin
[2017-01-05 02:37:39] nOgAnOo : Buy Bitcoin
[2017-01-05 02:37:46] immackay : nice
[2017-01-05 02:37:52] nOgAnOo : Great minds think alike
[2017-01-05 02:38:12] imapotato : but you didn't capitalize it the same
[2017-01-05 02:38:17] imapotato : so it's like, completely different
[2017-01-05 02:38:18] imapotato : not alike
[2017-01-05 02:38:28] nOgAnOo : so wow, people who longed are up like 30x now
[2017-01-05 02:38:37] MikeHunt : nOgAnOo: have you lost again since u started with $0.4 ?
[2017-01-05 02:38:45] nOgAnOo : yes.. 3 or 4 times
[2017-01-05 02:38:58] nOgAnOo : I am the worst trader ever
[2017-01-05 02:38:58] MikeHunt : nOgAnOo: are you above $0.4 atm?
[2017-01-05 02:39:01] nOgAnOo : I don't listen to myself
[2017-01-05 02:39:02] immackay : nOgAnOo: that's why I keep shorting
[2017-01-05 02:39:03] sleger : that game is pretty simple though
[2017-01-05 02:39:07] immackay : can't lose
[2017-01-05 02:39:07] nOgAnOo : no man I'm at 30 cents right now
[2017-01-05 02:39:25] MikeHunt : nOgAnOo: when this corrects, go long and leave it alone
[2017-01-05 02:39:28] nOgAnOo : lost 230 dollars yesterday
[2017-01-05 02:39:34] nOgAnOo : or earlier today
[2017-01-05 02:39:40] nOgAnOo : Was crying like a baby
[2017-01-05 02:39:51] MikeHunt : nOgAnOo: did you bet all you had on a single trade?
[2017-01-05 02:39:58] nOgAnOo : All of my steemit payout for the week plus more
[2017-01-05 02:40:05] immackay : MikeHunt: you don't?
[2017-01-05 02:40:08] nOgAnOo : no, I got rekt 3 times
[2017-01-05 02:40:11] nOgAnOo : kept throwing money at it
[2017-01-05 02:40:12] nOgAnOo : shorting
[2017-01-05 02:40:18] nOgAnOo : then it hit my liquidation to about the penny
[2017-01-05 02:40:19] nOgAnOo : and went down
[2017-01-05 02:40:24] nOgAnOo : I would have doubled the last trade
[2017-01-05 02:40:27] PARAFFIN : nOgAnOo: whats steemit?
[2017-01-05 02:40:33] rapidtrades : THEN IT WENT UP 100 DOLLARS
[2017-01-05 02:40:35] nOgAnOo : 1 minute after I got liquidated it went down
[2017-01-05 02:40:38] nOgAnOo : yes
[2017-01-05 02:40:40] rapidtrades : oh ffs
[2017-01-05 02:41:00] kekkyojin_irc : use stops, even when you are in a profit, nOgAnOo
[2017-01-05 02:41:02] nOgAnOo : The devil is stophunting me
[2017-01-05 02:41:05] nOgAnOo : we figured out
[2017-01-05 02:41:11] aethlios : premium half now, calmed down.
[2017-01-05 02:41:16] nOgAnOo : and he's rich and will go to great lengths to rek me
[2017-01-05 02:41:22] happy : wow, nobody is buying here?
[2017-01-05 02:41:25] imapotato : who the heck shorts btc
[2017-01-05 02:41:29] muirtastic : Happy: Sometime works to short right before the funding, but sometimes not. Other people have the same idea, so it just depends.
[2017-01-05 02:41:31] immackay : imapotato: me
[2017-01-05 02:41:38] imapotato : but why
[2017-01-05 02:41:38] nOgAnOo : happy, I traded here for 4 hours the other day and there were about 0 buys
[2017-01-05 02:41:46] nOgAnOo : market makers do not take orders
[2017-01-05 02:41:47] nOgAnOo : at all...
[2017-01-05 02:41:56] imapotato : they're market makers
[2017-01-05 02:41:59] imapotato : not market takers
[2017-01-05 02:42:03] nOgAnOo : scalping here without a bot is impossible
[2017-01-05 02:42:03] happy : But funding is too high
[2017-01-05 02:42:04] immackay : imapotato: cause I'm testing a method to find the drops
[2017-01-05 02:42:13] muirtastic : I've been shorting too and getting rekt pretty good over the last couple of weeks.
[2017-01-05 02:42:23] muirtastic : Just thought this rally would top out a long time ago
[2017-01-05 02:42:24] nOgAnOo : But either way I'm infinitely in profit because I met you guys
[2017-01-05 02:42:27] nOgAnOo : My only friends..
[2017-01-05 02:42:28] immackay : imapotato: shorted 4 times the last day, profited every time
[2017-01-05 02:42:32] rapidtrades : 1.3% gain in Yuan yday, highest past few years prolly
[2017-01-05 02:42:43] imapotato : but the dips are infrequent and weak
[2017-01-05 02:42:54] nOgAnOo : yes
[2017-01-05 02:43:01] immackay : imapotato: well then how did I do it? c:
[2017-01-05 02:43:08] imapotato : are you magician
[2017-01-05 02:43:13] imapotato : did you hacked bitmex
[2017-01-05 02:43:14] nOgAnOo : exactly
[2017-01-05 02:43:22] nOgAnOo : you must have caught the only 4 corrections
[2017-01-05 02:43:36] nOgAnOo : congrats
[2017-01-05 02:43:37] kekkyojin_irc : yuan is boring right now
[2017-01-05 02:43:40] rapidtrades : IT'S FUNNY HOW NOONE TALKS ABOUT YUAN WHEN ITS UP
[2017-01-05 02:43:47] imapotato : Back in the day, bitmex liquidations were based on the most recent trade price, not a calculated mark price
[2017-01-05 02:43:50] immackay : https://i.sli.mg/Gs2tRG.png
[2017-01-05 02:43:54] rapidtrades : funny as in huh not funny as in haha
[2017-01-05 02:43:57] immackay : top green line was my short from last night
[2017-01-05 02:43:57] imapotato : So you could buy up an entire thin order book to force liquidations
[2017-01-05 02:44:02] nOgAnOo : But there is something more important than Bitcoin guys
[2017-01-05 02:44:09] imapotato : Then place a sell really really high and they'd be forced to buy it
[2017-01-05 02:44:09] nOgAnOo : You can't take Bitcoin to heaven with you
[2017-01-05 02:44:16] nOgAnOo : All you can take is your eternal salvation
[2017-01-05 02:44:20] nOgAnOo : Through Jesus Christ
[2017-01-05 02:44:33] Milkman : xmr could have a big pump soon.
[2017-01-05 02:44:34] imapotato : But you kinda can take bitcoins with you to heaven
[2017-01-05 02:44:36] nOgAnOo : He died on the cross to save us from our sins
[2017-01-05 02:44:38] imapotato : Just remember the private keys
[2017-01-05 02:44:39] rapidtrades : PBOC sets yuan reference rate for today at 6.9307 (vs. yesterday at 6.9526)
[2017-01-05 02:44:55] nOgAnOo : All of us are sinners.. greedy, liars, hypocrites, gluttons, sexually immoral perverts
[2017-01-05 02:44:57] rapidtrades : offshore already well ahead of the bank at 6.89
[2017-01-05 02:45:01] nOgAnOo : We all need Jesus
[2017-01-05 02:45:04] imapotato : hmmm....
[2017-01-05 02:45:10] imapotato : that has me thinking
[2017-01-05 02:45:39] imapotato : There should be a block chain in the afterlife.
[2017-01-05 02:45:49] imapotato : And we should be able to do proof-of-burn of bitcoins in order to get afterlifecoins
[2017-01-05 02:46:15] imapotato : afterlife blockchain would exist only in the afterlife, but you could redeem coins on it that were burned on the bitcoin blockchain
[2017-01-05 02:46:18] imapotato : am I on to something?
[2017-01-05 02:46:26] MikeHunt : immackay: no i dont, i hedge
[2017-01-05 02:46:34] immackay : MikeHunt: it was joke
[2017-01-05 02:46:40] MikeHunt : immackay: ;)
[2017-01-05 02:46:54] MikeHunt : rapidtrades: looks like china is getting venuezuela-ed
[2017-01-05 02:47:09] imapotato : but china is bigger than venezuela
[2017-01-05 02:47:20] immackay : yeah, their government isn't nearly as retarded
[2017-01-05 02:47:24] immackay : oh what
[2017-01-05 02:47:24] MikeHunt : imapotato: which will magnify the currency crisis
[2017-01-05 02:47:45] immackay : who keeps fucking with replacement words
[2017-01-05 02:47:56] imapotato : MikeHunt: but will it blend in a BlendTec blender
[2017-01-05 02:48:12] rapidtrades : MikeHunt: looks like u have no idea what ur talking aboot mate
[2017-01-05 02:48:20] MikeHunt : imapotato: china may look like that afterwards
[2017-01-05 02:48:32] MikeHunt : rapidtrades: what part did you disagree with?
[2017-01-05 02:48:52] happy : looks like it will go to 1130 before next ATH
[2017-01-05 02:49:35] arbitrage001 : oh noes
[2017-01-05 02:49:38] arbitrage001 : buy the dip
[2017-01-05 02:49:45] immackay : lole
[2017-01-05 02:50:25] rapidtrades : china at 120 premium stilll
[2017-01-05 02:50:33] rapidtrades : do we meet them higher or lower
[2017-01-05 02:50:42] arbitrage001 : hence buying the dip will still work
[2017-01-05 02:50:56] arbitrage001 : 120 premium is not small gap
[2017-01-05 02:51:06] imapotato : rapidtrades: probably higher
[2017-01-05 02:51:15] imapotato : I don't think China is ready to go down to meet anything yet.
[2017-01-05 02:51:18] MikeHunt : rapidtrades: you said i have no idea what im talking about, you gonna respond as to why or juut leave that hanging?
[2017-01-05 02:51:29] rapidtrades : we could close it on way down too, has happened before @arbitrage001
[2017-01-05 02:52:45] nOgAnOo : if you guys want to help me work my way up
[2017-01-05 02:52:51] nOgAnOo : i am the 30 contracts in the swap
[2017-01-05 02:53:08] rapidtrades : lol he's shorting again
[2017-01-05 02:53:11] MikeHunt : nOgAnOo: you need learn from your failures, until you do, you'll keep selling ur stuff of and funding what is essentially a gambling habit
[2017-01-05 02:53:13] nOgAnOo : i'm scalping
[2017-01-05 02:53:25] nOgAnOo : with this much of a premium I'll start with a short
[2017-01-05 02:53:41] arbitrage001 : premium exists for a reason
[2017-01-05 02:53:44] arbitrage001 : long are not stupid
[2017-01-05 02:53:49] imapotato : me too thanks
[2017-01-05 02:53:56] rapidtrades : yes, yes they are @arbitrage001
[2017-01-05 02:54:14] rapidtrades : ppl longing at 1132 are pretty dumb
[2017-01-05 02:54:28] nOgAnOo : We'll see about that when the price drops back to 800-1000 range
[2017-01-05 02:54:31] nOgAnOo : if the longs are stupid or not
[2017-01-05 02:54:50] rapidtrades : going against $100 move is stupid too
[2017-01-05 02:55:03] MikeHunt : nOgAnOo: and if it doesnt?
[2017-01-05 02:55:08] rapidtrades : there are no good trades atm...except maybe collecting some premiums
[2017-01-05 02:55:14] aethlios : june contract will be interesting
[2017-01-05 02:55:16] rms : my hypothesis is that the neutral news stories published in chinese news today basically legalized bitcoin in china in a way that retail investors noticed
[2017-01-05 02:55:23] rapidtrades : aethlios: when is it out
[2017-01-05 02:55:31] rapidtrades : rms: ur wrong
[2017-01-05 02:55:56] rms : ;)
[2017-01-05 02:56:02] aethlios : 15th of march, long way.
[2017-01-05 02:56:03] nOgAnOo : can you fill my order please, rapidtrades
[2017-01-05 02:56:03] MikeHunt : rms: bitcoin is in the governments interest
[2017-01-05 02:56:14] imapotato : MikeHunt: wat
[2017-01-05 02:56:15] nOgAnOo : gonna try to turn this 35k sats into 10,000 dollars
[2017-01-05 02:56:22] rms : the local government officials selling electricity to the bitcoin miners have bitcoins at least
[2017-01-05 02:56:31] nOgAnOo : nevermind, filled already
[2017-01-05 02:56:36] MikeHunt : imapotato: lookup sesame credit
[2017-01-05 02:56:47] rms : the advisory board for huobi and okc has tsinghua university people, all the professors there are usually party members...
[2017-01-05 02:57:55] MikeHunt : rms: i expect china to absorb bitcoin or at least attempt to
[2017-01-05 02:58:18] rapidtrades : http://www.zerohedge.com/news/2017-01-04/bitcoin-explodes-higher-chinese-money-market-liquidity-collapses
[2017-01-05 02:59:27] arbitrage001 : rapidtrades: pboc is trying to kill yuan short traders
[2017-01-05 02:59:28] MikeHunt : i think the PRC thinks it can take over bitcoin by linking with sesame credit so they can control the populace, problem is that equation results in destruction of the PRC
[2017-01-05 02:59:58] rapidtrades : arbitrage001: central banks don't care about traders ppl
[2017-01-05 03:00:12] arbitrage001 : artificially intervene the market is never good long term
[2017-01-05 03:00:16] rapidtrades : they're pre-empting a trump presidency
[2017-01-05 03:00:19] MikeHunt : arbitrage001: +1
[2017-01-05 03:00:35] imapotato : this is really boring considering the USD ATH is like $30 away.
[2017-01-05 03:00:36] MikeHunt : BoE in UK is working on a future digital currency
[2017-01-05 03:00:58] MikeHunt : imapotato: may go down to 8450 to draw em up
[2017-01-05 03:01:11] rapidtrades : if they keep letting the yuan weaken they will get slapped with a tariff
[2017-01-05 03:01:28] MikeHunt : rapidtrades: the PRC cant do anything, whats going to happen is already set in motion
[2017-01-05 03:02:05] rapidtrades : MikeHunt: take a look at the usd/cnh chart and tell me that the pboc 'cant do anything'
[2017-01-05 03:02:19] imapotato : Starting to look like the West and China will meet each other half way in returning to a normal spread.
[2017-01-05 03:02:36] MikeHunt : rapidtrades: look at venuezuela, PBOC can set any number they like, thats the "official value"
[2017-01-05 03:02:36] imapotato : Maybe one up $25, the other down $25 to bring the gap from $120 to $70
[2017-01-05 03:02:38] shiroe : teamnosleep
[2017-01-05 03:02:48] rapidtrades : MikeHunt: IT'S THE OFFSHORE RATE MIKE
[2017-01-05 03:03:07] MikeHunt : rapidtrades: ie: independent of corrupt gov
[2017-01-05 03:03:36] imapotato : DAE government is god and the market doesn't know how to price things
[2017-01-05 03:03:52] MikeHunt : imapotato: DAE?
[2017-01-05 03:04:09] imapotato : "dogs are elephants"
[2017-01-05 03:04:13] imapotato : or wait, no, that's a different context
[2017-01-05 03:04:16] imapotato : "does anyone else"
[2017-01-05 03:04:46] imapotato : It's a lame acronym. I was using it ironically, which is also lame.
[2017-01-05 03:04:47] imapotato : I'm lame.
[2017-01-05 03:05:10] imapotato : But finex is above 1140 so who cares
[2017-01-05 03:05:33] REKT : Liquidated short on `XBCH17`: buy 101080 @ 9137.0 **EPIC REKT** :unamused: :confounded: :astonished:
[2017-01-05 03:05:39] rapidtrades : finex is buying real coins with fake tokens
[2017-01-05 03:05:57] MikeHunt : so china gov wants to take over bitcoin to maintain control but also wants to keep appreciating to maintain its currency, it cant do both
[2017-01-05 03:05:59] imapotato : who the hell still shorts btc
[2017-01-05 03:06:05] imapotato : with 101k contracts, no less
[2017-01-05 03:06:20] MikeHunt : imapotato: that apogoo guy?
[2017-01-05 03:06:21] arbitrage001 : rapidtrades: check the lending rate on finex
[2017-01-05 03:06:39] rapidtrades : arbitrage001: i don't login to that shithole anymore
[2017-01-05 03:06:42] imapotato : holy crap
[2017-01-05 03:06:46] imapotato : china is erect
[2017-01-05 03:06:53] nOgAnOo : erekt
[2017-01-05 03:06:53] MikeHunt : bitfinex is the biggest liability in this bubble
[2017-01-05 03:07:05] MikeHunt : jsut like i said it would
[2017-01-05 03:07:07] nOgAnOo : Yeah, finex should have been shut down
[2017-01-05 03:07:13] nOgAnOo : drunken scammers
[2017-01-05 03:07:13] MikeHunt : notches down to find entrance to next level
[2017-01-05 03:07:15] arbitrage001 : MikeHunt: what do you mean
[2017-01-05 03:07:20] imapotato : finex already lost 100k coins, I have no idea why anyone trades there
[2017-01-05 03:07:41] rapidtrades : imapotato: they're using their fake tokens are margin
[2017-01-05 03:07:49] MikeHunt : arbitrage001: which part of comment u referring to?
[2017-01-05 03:07:58] imapotato : And their software is a bootleg of some defunct business that was written by a minor
[2017-01-05 03:08:02] imapotato : (minor, not miner)
[2017-01-05 03:08:04] arbitrage001 : liability is this bubble?
[2017-01-05 03:08:10] MikeHunt : imapotato: they did bail ppl out iirc so they maintained market share and they didnt run with goins like gox owners
[2017-01-05 03:08:18] muirtastic : imapotato: I don't get it either. They will never get another penny of mine
[2017-01-05 03:08:32] rapidtrades : they most certianly did not 'bail out' anyone
[2017-01-05 03:08:36] imapotato : MikeHunt: They gave people equity in their business, which was worth less than the coins they lost.
[2017-01-05 03:08:39] Milkman : bitfinex attempt #3
[2017-01-05 03:08:41] imapotato : not a bail out
[2017-01-05 03:08:41] nOgAnOo : 20 dollar premium
[2017-01-05 03:08:43] rapidtrades : in fact they bailed me in while i held 95% USD
[2017-01-05 03:08:58] imapotato : speak of the devil, finex knocking on 1150 again
[2017-01-05 03:09:17] sleger : so stamp is the one holding the index hostage
[2017-01-05 03:09:19] arbitrage001 : china already make btc all time high?
[2017-01-05 03:09:25] Milkman : yup
[2017-01-05 03:09:25] MikeHunt : imapotato: externalizing blame and pacifying the masses delays issues
[2017-01-05 03:09:44] imapotato : MikeHunt: Yeah, finex probably made the best choice after the hack
[2017-01-05 03:09:50] imapotato : whoop dee doo
[2017-01-05 03:09:54] imapotato : They were still hacked for 100k+ coins
[2017-01-05 03:10:09] MikeHunt : imapotato: but its a symptom of indemic inefficiency
[2017-01-05 03:10:36] MikeHunt : sleger: bitstunk does anal quizs on high volume clients hence its becoming more unpopular
[2017-01-05 03:10:47] imapotato : >bitstunk does anal
[2017-01-05 03:10:48] imapotato : hehe
[2017-01-05 03:11:00] MikeHunt : imapotato: look up the questionaire, its why i left
[2017-01-05 03:11:28] MikeHunt : imapotato: also their bank is linked to Unicredito, when asked about solvency issues, they refuse to comment
[2017-01-05 03:11:45] MikeHunt : so in a way bitstamp is also a liability if unicredito fails
[2017-01-05 03:12:02] REKT : Liquidated short on `XBTUSD`: buy 17500 @ 1135.84
[2017-01-05 03:12:10] MikeHunt : potential liability*
[2017-01-05 03:12:20] arbitrage001 : i think bitstamp is faking volume
[2017-01-05 03:12:22] imapotato : the bitmex team should open a spot exchange alongside the derivatives
[2017-01-05 03:12:31] imapotato : except then they have to deal with fiat...
[2017-01-05 03:12:42] MikeHunt : imapotato: which means banks and reg
[2017-01-05 03:12:45] imapotato : yeah
[2017-01-05 03:12:54] rms : bitfinex not ready to cross but okc just keeps going and going...
[2017-01-05 03:12:57] REKT : Liquidated short on `XBTUSD`: buy 50000 @ 1137.20 **MEGA-REKT** :boom:
[2017-01-05 03:13:12] imapotato : WHY ARE YOU PEOPLE STILL SHORT
[2017-01-05 03:13:28] imapotato : china and stamp both pumping up, and finex is now flaccid
[2017-01-05 03:13:29] imapotato : :|
[2017-01-05 03:13:29] Milkman : cause bitfinex and stamp cant go up
[2017-01-05 03:13:52] MikeHunt : arbitrage001: bitstump's volume makes bitcoinwisdom graph look like skeletor when using smaller time intervals
[2017-01-05 03:14:59] imapotato : Think China is going to do ATH in the next few minutes?
[2017-01-05 03:15:00] imapotato : close
[2017-01-05 03:15:23] rms : what's the ATH you are thinking of?
[2017-01-05 03:15:28] imapotato : maybe that would be enough to pull finex through 1150
[2017-01-05 03:15:30] trejderjack : yes sir
[2017-01-05 03:15:44] imapotato : china ATH is about 8815
[2017-01-05 03:15:52] imapotato : give or take a few CNY
[2017-01-05 03:16:02] imapotato : from about 2 hours ago
[2017-01-05 03:16:57] Milkman : 8725
[2017-01-05 03:17:02] olimano1 : whats cross leverage?
[2017-01-05 03:17:22] imapotato : olimano1: It uses your entire balance as collateral
[2017-01-05 03:17:22] Milkman : means your whole available balance is used to protect your position before you get margin called
[2017-01-05 03:17:34] Milkman : aka you could lose everything you put on this site
[2017-01-05 03:17:50] Milkman : bitfinex triple top dump
[2017-01-05 03:17:51] arbitrage001 : buy the dip!
[2017-01-05 03:17:57] Milkman : maybe next time we'll do it
[2017-01-05 03:18:10] imapotato : finex is lame
[2017-01-05 03:18:27] arbitrage001 : i still buy and sell from finex
[2017-01-05 03:18:30] rapidtrades : lame as balls lame
[2017-01-05 03:18:39] aethlios : premium going down.
[2017-01-05 03:18:41] arbitrage001 : where else youcan buy cheap btc?