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<< >> English 中文 Русский 한국어 日本語 Español Français [2017-01-07 04:53:23] mahouni : shery: what car were you thinking [2017-01-07 04:53:29] MikeHunt : up = tea handle for 2013-2017 cup [2017-01-07 04:53:34] MikeHunt : down = collapse gox style imo [2017-01-07 04:53:40] shery : jedisatoshi: you should have holded man, when market reverses its deriction it never goes back, deriction was reversed after going below 1100, we wont fall like 100 $ ina bullish market [2017-01-07 04:54:01] REKT : Liquidated long on `XBCH17`: sell 1268 @ 5986.0 [2017-01-07 04:54:10] MikeHunt : shery: is it still bullish thou? [2017-01-07 04:54:15] MikeHunt : PRC could push this right down [2017-01-07 04:54:18] aethlios : reversal march above 1000 today?? [2017-01-07 04:54:58] shiroe : 4 bars on 12hrs possible. [2017-01-07 04:55:00] shery : MikeHunt: Hahah, bullish?? watch out another dump episode tommorow, [2017-01-07 04:55:18] imapotato : load your shorts [2017-01-07 04:55:33] shery : MikeHunt: Iam just closing few of my contracts and lows and then shorting agai above with profu [2017-01-07 04:55:38] narnarfromnarnia : close yer longs [2017-01-07 04:55:42] narnarfromnarnia : hit yer bongs [2017-01-07 04:55:46] shiroe : easy profitsz :D [2017-01-07 04:55:59] jedisatoshi : shery: tell me about it, i decided to step back did really well with the rally from 750, had that small short and pulled all my coins off all exchanges.. was staring at candles for way too long I slept for like 2 days lol [2017-01-07 04:56:01] shery : narnarfromnarnia: Good morning from asia [2017-01-07 04:56:18] narnarfromnarnia : shery: morning there where in asia? [2017-01-07 04:56:38] narnarfromnarnia : i notice when im not trading i read things much better [2017-01-07 04:56:55] shery : narnarfromnarnia: china - pakistan -idia-srilanks-bhutan -dubai [2017-01-07 04:57:05] shiroe : i thought philippines. lol [2017-01-07 04:57:05] narnarfromnarnia : okay [2017-01-07 04:57:21] shery : shiroe: God save me from phillipines and there girls Lmfao [2017-01-07 04:57:34] narnarfromnarnia : ph is a bit rough right now avoid [2017-01-07 04:57:46] narnarfromnarnia : thailand is my 2nd home though [2017-01-07 04:57:54] aethlios : if we go above gold's price, massive news headlines, so many gold and silver investors will wonder if should exchange 1 once of gold for 1 btc. Well many could say yes. [2017-01-07 04:58:02] shery : narnarfromnarnia: thailand is very beautifull [2017-01-07 04:58:06] jedisatoshi : narnarfromnarnia: Walking Street :) [2017-01-07 04:58:34] jedisatoshi : thinking of my Navy days :) [2017-01-07 04:58:34] narnarfromnarnia : jedisatoshi: ya if you're into ladyboys and russian underlords [2017-01-07 04:58:46] jedisatoshi : hahaha just fun to party [2017-01-07 04:59:09] narnarfromnarnia : yeah im joking but pattaya gets old fast [2017-01-07 04:59:21] narnarfromnarnia : actually laos is really nice, prefer the countryside much more [2017-01-07 04:59:29] jedisatoshi : narnarfromnarnia: only been twice but i had much fun [2017-01-07 04:59:31] narnarfromnarnia : karaoke bars and stuff [2017-01-07 04:59:33] imapotato : top in at 5850 [2017-01-07 04:59:46] narnarfromnarnia : yeah i mean its definitely an experience [2017-01-07 05:00:01] narnarfromnarnia : lot of crime though [2017-01-07 05:00:07] shiroe : breakout on 130mins. [2017-01-07 05:00:10] jedisatoshi : narnarfromnarnia: forsure I did prefer the country side tho so beautiful [2017-01-07 05:00:34] shiroe : narnarfromnarnia: how rough is ph? [2017-01-07 05:00:38] jedisatoshi : narnarfromnarnia: was lucky enough to be there during the water festival one of the best times of my life [2017-01-07 05:00:48] imapotato : close your longs if you have 'em [2017-01-07 05:00:56] jedisatoshi : imapotato: no way [2017-01-07 05:01:00] imapotato : lol [2017-01-07 05:01:11] shiroe : 815 812 long! wooo [2017-01-07 05:01:12] imapotato : Alright, good luck to you [2017-01-07 05:01:18] shery : isnt xb 17 moving too much? [2017-01-07 05:01:22] jedisatoshi : imapotato: good shit man this is what makes markets [2017-01-07 05:01:26] shiroe : 800 cutloss. dont rekt me. [2017-01-07 05:01:29] shery : shiroe: long from 810? [2017-01-07 05:01:30] narnarfromnarnia : im ready to see some other places though, not sure where maybe NZ [2017-01-07 05:01:41] narnarfromnarnia : rent a RV or something [2017-01-07 05:01:43] shiroe : shery: yep [2017-01-07 05:01:59] shery : narnarfromnarnia: I have ben to westindies, the most beautifull place i have evere watched , try that [2017-01-07 05:02:05] shery : shiroe: take profits [2017-01-07 05:02:07] shiroe : narnarfromnarnia: come here in ph, you will never see othr places. [2017-01-07 05:02:08] isozy : i cant short its saying it would lead to immediate liquidation, so i cant 100x? :D [2017-01-07 05:02:11] jedisatoshi : imapotato: honestly i think we are going to see a bunch of sideways for a bit [2017-01-07 05:02:20] shiroe : shery: will take profits at 888 [2017-01-07 05:02:25] narnarfromnarnia : phillipine girls don't really do it for me [2017-01-07 05:02:29] shery : jedisatoshi: sideways and down, than sideways and down [2017-01-07 05:02:42] narnarfromnarnia : but there's some great surf spots there [2017-01-07 05:02:49] jedisatoshi : i think we will range from 820-40 [2017-01-07 05:03:00] shery : jedisatoshi: I wish bitcoin was volitile like this all days evry year [2017-01-07 05:03:13] jedisatoshi : shery: I hear ya [2017-01-07 05:03:28] MikeHunt : should be the bottom now [2017-01-07 05:03:33] MikeHunt : it fell in a curve style [2017-01-07 05:03:36] MikeHunt : looks like bottom [2017-01-07 05:03:45] shery : jedisatoshi: it wont stay at any spot, uncertentinity in market is riding it up and down [2017-01-07 05:04:03] mariomarco : MikeHunt: you think thats its for it bottom? [2017-01-07 05:04:04] jedisatoshi : shery: Im long but i wouldnt mind another dip.. id like to buy more on the spot market and modestly add to my long on here [2017-01-07 05:04:25] MikeHunt : mariomarco: too low and the whole thing collapses [2017-01-07 05:04:31] shery : jedisatoshi: beleive me , dont long it, it will fall, more, [2017-01-07 05:04:45] mariomarco : MikeHunt: hmm [2017-01-07 05:04:47] shery : jedisatoshi: just take profits and prefer shorting at peaks [2017-01-07 05:04:52] jedisatoshi : shery: what is your analysis based on? [2017-01-07 05:04:52] FreeMoney : everyone is realising that they wont see lower than this [2017-01-07 05:04:57] shiroe : buy on dip, buy on breakout, short on highs. easy [2017-01-07 05:05:26] jedisatoshi : its not easy if you would have shorted on highs a week ago you would be rekt [2017-01-07 05:05:42] shery : jedisatoshi: A pure dumpy market- No support - negative news- ATh is reached [2017-01-07 05:05:59] jedisatoshi : neg news? [2017-01-07 05:06:08] MikeHunt : if it doesnt break the wedge, another -2k imo [2017-01-07 05:06:10] shery : jedisatoshi: Havnet you heard? [2017-01-07 05:06:20] jedisatoshi : ATH was tested we didnt go there for nothing [2017-01-07 05:06:23] mariomarco : MikeHunt: got a picture? [2017-01-07 05:06:31] jedisatoshi : shery: heard what? [2017-01-07 05:06:48] jedisatoshi : please fill me in [2017-01-07 05:06:54] shery : jedisatoshi: Check coindesk , they have written a detailed article on it [2017-01-07 05:07:11] narnarfromnarnia : what news? [2017-01-07 05:07:30] jedisatoshi : what china? [2017-01-07 05:07:36] narnarfromnarnia : china banned bitcoin [2017-01-07 05:07:38] narnarfromnarnia : ltc on gox [2017-01-07 05:07:40] imapotato : who is china [2017-01-07 05:07:49] jedisatoshi : do you know how many times china has "banned btc"? [2017-01-07 05:07:51] imapotato : Midas on gox? [2017-01-07 05:08:00] shery : narnarfromnarnia: china governement warning people about risk associated with leverage trading , in china , in short they arent liking this gambling(government) , [2017-01-07 05:08:09] jedisatoshi : this has happened over and over [2017-01-07 05:08:13] narnarfromnarnia : oh for sure [2017-01-07 05:08:21] REKT : Liquidated short on `XBCH17`: buy 1200 @ 6039.7 [2017-01-07 05:08:41] jedisatoshi : its a buy opportunity bad news is propaganda.. so many bitcoin obituaries [2017-01-07 05:08:44] imapotato : dammit, haha [2017-01-07 05:08:47] imapotato : closed at ~even [2017-01-07 05:09:10] narnarfromnarnia : i would have bought at 808 for sure [2017-01-07 05:09:11] narnarfromnarnia : darn [2017-01-07 05:09:15] jedisatoshi : we tested the ATH and this is a shakeout so whales can acquire weak stomach coins [2017-01-07 05:09:19] MikeHunt : most news sites are establishment backed and are hence irrelevant [2017-01-07 05:09:23] shery : jedisatoshi: Thats a negative news, excluding chna from btc will kill bitcoin [2017-01-07 05:09:32] mariomarco : imapotato: no 800 ? [2017-01-07 05:09:36] Dtrade16 : Looks like we're goin gup [2017-01-07 05:09:37] jedisatoshi : shery: china is not banning btc [2017-01-07 05:09:38] imapotato : mariomarco: came so close [2017-01-07 05:09:39] imapotato : poop [2017-01-07 05:10:08] mariomarco : motherfukkin chinese scam [2017-01-07 05:10:11] jedisatoshi : seriously most of that shit is just rumors to shake up the market. [2017-01-07 05:10:26] shery : jedisatoshi: ban will ride it to 100 $ =D , governement is interfaring that is a hin , and banning news is fake but warning people is real [2017-01-07 05:10:49] narnarfromnarnia : looks like downtrend was broken if we go up a bit more [2017-01-07 05:11:23] shery : narnarfromnarnia: It did bounced 100 $ too, do you really think 30 $ bounce is a change?? [2017-01-07 05:11:42] narnarfromnarnia : shery: nope but some charts are looking good on tv [2017-01-07 05:12:04] shery : narnarfromnarnia: yeah charts looks good, 3 green and than big red [2017-01-07 05:12:11] narnarfromnarnia : yeah for sure [2017-01-07 05:12:22] narnarfromnarnia : this is local top for a bit must be [2017-01-07 05:12:59] jedisatoshi : shery: did you just say china doesnt like gambling?? do you hear yourself! hahahaha! [2017-01-07 05:13:19] shery : jedisatoshi: governement [2017-01-07 05:13:31] shery : jedisatoshi: They all are gambling [2017-01-07 05:14:21] MikeHunt : usd/cny suggests we've gone far enough [2017-01-07 05:14:25] MikeHunt : qualifies as a cup handle [2017-01-07 05:14:31] MikeHunt : any further down and we gox [2017-01-07 05:14:45] jedisatoshi : there are alot of things "banned" in china but traders gon trade [2017-01-07 05:15:44] shery : 4 candle coming [2017-01-07 05:15:57] mariomarco : fucking scam [2017-01-07 05:16:23] jedisatoshi : china would like nothing more than to undermine USD and thats what bitcoin is a short on USD. and they know this [2017-01-07 05:17:07] MikeHunt : jedisatoshi: prc wants to devalue but at a steady rate [2017-01-07 05:17:53] Dtrade16 : Is there any way to check the number of short interest? [2017-01-07 05:18:32] imapotato : Dtrade16: shorts = longs [2017-01-07 05:18:38] imapotato : In the contract details [2017-01-07 05:18:58] jedisatoshi : Dtrade16: for bitfinex https://bfxdata.com/sentiment/longshort.php [2017-01-07 05:19:39] jedisatoshi : Dtrade16: well not working so well at the moment lol [2017-01-07 05:20:04] MikeHunt : we're so fucked even the doom meter is broken [2017-01-07 05:20:09] Dtrade16 : No it's not lol [2017-01-07 05:20:12] Dtrade16 : Thanks [2017-01-07 05:20:51] Dtrade16 : Overall market sentiment seems to be negative right now but how much lower can we go? [2017-01-07 05:20:56] Dtrade16 : I think I shorted too late [2017-01-07 05:21:05] imapotato : г(o0o)˥ [2017-01-07 05:21:07] imapotato : To the earth! [2017-01-07 05:21:10] MikeHunt : 5600 breaks we're down to 3600 potentially [2017-01-07 05:21:17] jedisatoshi : btw the negative news on coinbase is not as relevant as you would think... coindesk is the CNBC of crypto [2017-01-07 05:21:45] Dtrade16 : jedisatoshi: What's the news on there? [2017-01-07 05:21:52] Dtrade16 : There's a bunch of negative news [2017-01-07 05:21:55] mariomarco : MikeHunt: im somehow not convinced that we're gonna touch 5600 again [2017-01-07 05:22:13] MikeHunt : mariomarco: i hope your right [2017-01-07 05:22:14] Dtrade16 : Biggest one is the capital control news [2017-01-07 05:22:18] jedisatoshi : Dtrade16: yeah china being negative on bitcoin [2017-01-07 05:22:24] jedisatoshi : Dtrade16: I think its BS [2017-01-07 05:22:29] MikeHunt : mariomarco: if not then 8888 will be years off [2017-01-07 05:23:10] FreeMoney : its not going to the 7s or low 8s. all those late to the short party will be turned away at the door [2017-01-07 05:23:18] shery : are deposits taking more time than usual? [2017-01-07 05:23:26] jedisatoshi : Dtrade16: Most of the people in here seem bearish. I am long AF lol [2017-01-07 05:23:50] Dtrade16 : Well I think the whole market is bearish lol [2017-01-07 05:23:58] Dtrade16 : jedisatoshi: But we've gotta be around the bottom [2017-01-07 05:24:03] MikeHunt : okcoin +2.5% buying [2017-01-07 05:24:20] Dtrade16 : MikeHunt: Wth is the woodchipper? [2017-01-07 05:24:25] shery : Dtrade16: let him long and get rekt , moving against trend is fun but it fcks [2017-01-07 05:24:29] MikeHunt : Dtrade16: 0kcoin [2017-01-07 05:24:37] MikeHunt : Dtrade16: joke by bitmex devs [2017-01-07 05:24:50] MikeHunt : Dtrade16: http://i.imgur.com/t0Pw9AN.png [2017-01-07 05:24:54] jedisatoshi : Dtrade16: hard to say.. i wouldnt mind a few more dips to add to position and buy on the spot market [2017-01-07 05:25:17] MikeHunt : jedisatoshi: more dips = collapse [2017-01-07 05:25:24] Dtrade16 : MikeHunt: lol [2017-01-07 05:25:25] jedisatoshi : MikeHunt: no it doesnt [2017-01-07 05:25:37] MikeHunt : jedisatoshi: bull market relies on this being tea handle not floor [2017-01-07 05:25:40] Dtrade16 : MikeHunt: Why do you guys call it the woodchipper? [2017-01-07 05:25:46] Yazz : MikeHunt: You're super bearish aren't you. BTC has a bigger story than China right? [2017-01-07 05:25:48] jedisatoshi : MikeHunt: i have been around long enough to know better than that [2017-01-07 05:26:01] Yazz : MikeHunt: Even though they are 95 % of the trade... haha [2017-01-07 05:26:06] MikeHunt : Yazz: before china money it was 200-300$ [2017-01-07 05:26:09] jedisatoshi : we just tested the ATH and you think some rumors are going to collapse this shit! [2017-01-07 05:26:12] Yazz : Ye I hear ya [2017-01-07 05:26:14] jedisatoshi : you guys are nutz [2017-01-07 05:26:41] jedisatoshi : this is a shakeout so whales can buy your rekt coins [2017-01-07 05:26:52] MikeHunt : jedisatoshi: PRC is involved imo [2017-01-07 05:27:01] jedisatoshi : I have buy limits all the way down to 650 [2017-01-07 05:27:01] MikeHunt : jedisatoshi: this wasnt a classic bubble [2017-01-07 05:27:19] jedisatoshi : its not a bubble its price discovery [2017-01-07 05:27:27] MikeHunt : jedisatoshi: or manipulation by PRC [2017-01-07 05:27:40] MikeHunt : jedisatoshi: they've spent $100tn fighting the USD so far [2017-01-07 05:27:46] MikeHunt : jedisatoshi: drop in the pond to fight bitcoin too [2017-01-07 05:28:28] jedisatoshi : this is true but i believe if they wanted it dead it would have happened 3 years ago [2017-01-07 05:28:49] jedisatoshi : bitcoin is the ultimate short on USD which china is all about [2017-01-07 05:29:35] MikeHunt : jedisatoshi: chinese government is incompetant [2017-01-07 05:30:01] mariomarco : dummp [2017-01-07 05:30:07] MikeHunt : jedisatoshi: most party officials only care enough to keep their fat salary so they can blow it on hookas and crack [2017-01-07 05:30:24] jedisatoshi : MikeHunt: I agree [2017-01-07 05:30:41] REKT : Liquidated long on `XBTH17`: sell 7500 @ 854.83 [2017-01-07 05:30:41] REKT : Getting chopped to death is fun, everyone should try it! [2017-01-07 05:30:46] jedisatoshi : and i dont think they will or can kill it [2017-01-07 05:30:57] olimano1 : what does adding to my margin do? [2017-01-07 05:30:57] imapotato : What's next? Feels dippy [2017-01-07 05:31:15] jedisatoshi : olimano1: gives you more room on your position [2017-01-07 05:31:24] narnarfromnarnia : imapotato: lower [2017-01-07 05:31:32] Dtrade16 : How much leverage do you guys use typically? [2017-01-07 05:31:38] narnarfromnarnia : staying below moving avg more down [2017-01-07 05:31:39] jedisatoshi : Dtrade16: 10 [2017-01-07 05:31:55] imapotato : Dtrade16: 2x - 20x [2017-01-07 05:31:58] Dtrade16 : Nice [2017-01-07 05:32:00] imapotato : usually 2x - 5x [2017-01-07 05:32:24] alejandromasari : Dtrade16: cross [2017-01-07 05:32:35] olimano1 : adding to your margin doesn't effect return on a trade, correct? (assuming it wouldn't be liquidated either way) [2017-01-07 05:32:54] jedisatoshi : olimano1: right [2017-01-07 05:33:30] olimano1 : thanks [2017-01-07 05:33:43] jedisatoshi : olimano1: np good luck to ya [2017-01-07 05:33:58] MikeHunt : narnarfromnarnia: down? [2017-01-07 05:34:18] narnarfromnarnia : not sure from right here exactly but yes down 25x safe [2017-01-07 05:34:20] narnarfromnarnia : lol [2017-01-07 05:34:31] jedisatoshi : lol [2017-01-07 05:34:48] olimano1 : 1 order on 6x leverage = 3 orders on 2x leverage, correct? [2017-01-07 05:34:58] MikeHunt : 5600 -> 3600 [2017-01-07 05:35:07] MikeHunt : that should scare everyone [2017-01-07 05:35:09] MikeHunt : who like sbtc [2017-01-07 05:35:10] MikeHunt : btc [2017-01-07 05:35:28] shery : MikeHunt: do you think 5600 is support? [2017-01-07 05:35:36] MikeHunt : shery: wedge line support [2017-01-07 05:35:49] MikeHunt : shery: wedge width = ~drop length [2017-01-07 05:36:07] Dtrade16 : 815ish support? [2017-01-07 05:36:12] shery : MikeHunt: ah got you [2017-01-07 05:36:17] Dtrade16 : Talk USD guys come on lol [2017-01-07 05:36:19] narnarfromnarnia : support is juts imaginary [2017-01-07 05:36:31] MikeHunt : shery: i hope i got that wrong thou [2017-01-07 05:37:46] MikeHunt : shery: actually on 1hr it suggests it might have some more down room [2017-01-07 05:38:06] olimano1 : 1 order on 25x leverage = 5 orders on 5x leverage, correct? [2017-01-07 05:38:12] MikeHunt : shame NSA/GCHQ didnt show up at 8888 and blast the sell wall [2017-01-07 05:38:32] MikeHunt : olimano1: careful with leverage [2017-01-07 05:39:35] olimano1 : I'm just making sure it works the way I think it does [2017-01-07 05:39:41] shery : MikeHunt: 1 hour might show a classi bounce if we have a strng green here towards 6k [2017-01-07 05:41:10] alejandromasari : short to 780 [2017-01-07 05:42:03] alejandromasari : MikeHunt: hey mike you see you could have hedged and made a killing on both sides! [2017-01-07 05:42:04] narnarfromnarnia : shery: sending in a little funds, let's figure this out [2017-01-07 05:42:14] imapotato : entry for shorts [2017-01-07 05:42:19] aethlios : many youtube channels did many videos whan price above 1000 and almost parity with gold. [2017-01-07 05:42:54] narnarfromnarnia : looking very neutral right now [2017-01-07 05:43:05] MikeHunt : alejandromasari: im short right now [2017-01-07 05:43:36] imapotato : to the earth! [2017-01-07 05:44:40] olimano1 : Is leverage just like multiplying your number of orders by the amount of leverage while keeping your liquiditaion loss the same [2017-01-07 05:44:45] narnarfromnarnia : imapotato: to 0 [2017-01-07 05:44:51] narnarfromnarnia : we would all be deleveraged [2017-01-07 05:45:33] alejandromasari : olimano1: your account is about to get cleared man. you should practice leverage in simulated account [2017-01-07 05:45:39] elmorte : So? We can just buy more $0 coins [2017-01-07 05:46:14] MikeHunt : alejandromasari: where do you think the floor on this is roughly? [2017-01-07 05:46:19] imapotato : $800 [2017-01-07 05:46:42] imapotato : 1-$800-LONGS-REKT [2017-01-07 05:46:57] hwrenqr : imapotato: lol [2017-01-07 05:47:06] mariomarco : imapotato: is it a toll free calll? [2017-01-07 05:47:22] imapotato : 0.075% fee [2017-01-07 05:47:33] imapotato : unless you trick them into calling you, then they pay you 0.025% fee [2017-01-07 05:47:41] dodic : imapotato: hah [2017-01-07 05:47:50] mariomarco : xDD [2017-01-07 05:48:34] narnarfromnarnia : imapotato: not quite sure you have to look at the daily and weekly [2017-01-07 05:48:38] narnarfromnarnia : this could go up [2017-01-07 05:48:47] imapotato : next stop 5600 though [2017-01-07 05:48:58] narnarfromnarnia : probably yes [2017-01-07 05:49:09] narnarfromnarnia : going to open up a safe short position as soon as funds arrive [2017-01-07 05:49:15] imapotato : good luck [2017-01-07 05:50:00] narnarfromnarnia : imapotato: 5555 on huobi is dbl bottom [2017-01-07 05:50:12] imapotato : Does ADL clear entire position or just reduce leverage? [2017-01-07 05:50:12] MikeHunt : imapotato: if 5600 fails you think 5400 ill hold it? [2017-01-07 05:50:24] alejandromasari : MikeHunt: 700's [2017-01-07 05:50:25] elmorte : imapotato: cleared my entire position [2017-01-07 05:50:36] MikeHunt : alejandromasari: kk ty [2017-01-07 05:50:39] narnarfromnarnia : elmorte: what ROE % were you at ? [2017-01-07 05:50:56] narnarfromnarnia : we're way below kaiko [2017-01-07 05:51:05] narnarfromnarnia : this is tough to trade [2017-01-07 05:51:09] narnarfromnarnia : if short [2017-01-07 05:51:27] imapotato : shorts out for harambe [2017-01-07 05:51:51] shery : narnarfromnarnia: way below? 832 kaiko [2017-01-07 05:52:04] elmorte : narnarfromnarnia: I was on cross so I'm not sure if it maters [2017-01-07 05:52:07] narnarfromnarnia : yeah $5 is alot at 50x [2017-01-07 05:52:18] narnarfromnarnia : what's the difference with cross and just selecting the slider? [2017-01-07 05:52:18] shery : narnarfromnarnia: are you 50 x? [2017-01-07 05:52:26] narnarfromnarnia : shery: ya i will be [2017-01-07 05:52:29] narnarfromnarnia : only way to roll [2017-01-07 05:52:33] imapotato : lol [2017-01-07 05:52:44] shery : narnarfromnarnia: Best of luck , [2017-01-07 05:53:10] aandy : long 100X at 800 [2017-01-07 05:53:17] aandy : thats $ [2017-01-07 05:53:27] shery : aandy: and get screwed in seconds [2017-01-07 05:53:35] alejandromasari : aandy: byebye acct [2017-01-07 05:53:45] narnarfromnarnia : aandy: im pretty sure it will just fall right through 800 like butter [2017-01-07 05:53:48] narnarfromnarnia : 600's [2017-01-07 05:54:01] shery : narnarfromnarnia: you are sure and i am damn sure [2017-01-07 05:54:10] aandy : hmmmm you guys really believe its that bearish [2017-01-07 05:54:19] aandy : im still not convinced... [2017-01-07 05:54:33] imapotato : aandy: but china banned bitcorn [2017-01-07 05:54:37] shery : aandy: so you think it is bullish? 1180-800? [2017-01-07 05:55:03] narnarfromnarnia : https://www.investing.com/currencies/btc-usd [2017-01-07 05:55:06] aandy : is the news confirmed? i had dinner been away couple hours [2017-01-07 05:55:06] narnarfromnarnia : this helps confirm [2017-01-07 05:55:12] narnarfromnarnia : good indicators [2017-01-07 05:55:13] MikeHunt : if it cracks 5000 then it'll be bearish imo [2017-01-07 05:55:14] narnarfromnarnia : daily [2017-01-07 05:55:19] HANGHANG : shiroe: 5mins left [2017-01-07 05:55:58] imapotato : goodbye 58XX [2017-01-07 05:56:19] aandy : u guys have any positions or just watching? [2017-01-07 05:56:23] imapotato : hello 58XX [2017-01-07 05:56:30] narnarfromnarnia : aandy: about to open a short once deposit arrives [2017-01-07 05:56:44] imapotato : goodbye 58XX [2017-01-07 05:56:46] aandy : aight man GL [2017-01-07 05:57:00] Dtrade16 : narnarfromnarnia: What entry are you looking for? [2017-01-07 05:57:07] imapotato : you should have deposited sooner amigo [2017-01-07 05:57:12] narnarfromnarnia : trying to go short now deposit not arriving fast enough [2017-01-07 05:57:15] narnarfromnarnia : :( [2017-01-07 05:57:24] narnarfromnarnia : i'll buy after a lot of longs are rekt i guess [2017-01-07 05:57:35] narnarfromnarnia : but short overall yes on daily [2017-01-07 05:57:55] mariomarco : whoah weeew laaddy [2017-01-07 05:57:57] narnarfromnarnia : my deposit is taking forever [2017-01-07 05:58:00] shery : longers get ready hold your seats tight , [2017-01-07 05:58:29] MikeHunt : about to go from bullish to bearish [2017-01-07 05:58:30] elmorte : ooh, the dam's about to burst... [2017-01-07 05:58:38] dodic : train to 800 boarding? [2017-01-07 05:58:38] MikeHunt : long way down [2017-01-07 05:58:45] imapotato : look out below [2017-01-07 05:59:20] Dtrade16 : You guys thinking 800? [2017-01-07 05:59:24] Dtrade16 : Or lower? [2017-01-07 05:59:29] aandy : setting up limit order at 780 [2017-01-07 05:59:34] aandy : long [2017-01-07 05:59:40] shery : Dtrade16: 750 short term 500 long term [2017-01-07 05:59:54] Dtrade16 : 500?? [2017-01-07 05:59:55] rms : 777 should be the strongest support, if we break that i think bull market is fucked [2017-01-07 05:59:55] Dtrade16 : Jez [2017-01-07 06:00:02] Dtrade16 : That sounds a little too low [2017-01-07 06:00:11] imapotato : Dtrade16: Until it doesn't [2017-01-07 06:00:17] shery : Dtrade16: 5500 is crucial, if that got passed , we are moveing way below [2017-01-07 06:00:25] Dtrade16 : imapotato: lol [2017-01-07 06:00:29] MikeHunt : 690 is bull markets last line of defence iirc [2017-01-07 06:01:04] MikeHunt : i suspect PRC will push it down until it breaks it, then let it fall [2017-01-07 06:01:05] Dtrade16 : Why would we go so low though I don't get it? [2017-01-07 06:01:06] MikeHunt : on its own [2017-01-07 06:01:14] Dtrade16 : It's never happened [2017-01-07 06:01:21] Dtrade16 : Not even with horrible news [2017-01-07 06:01:29] rms : china fixed the yuan depreciation and the ETF wasn't approved again [2017-01-07 06:01:31] MikeHunt : Dtrade16: PRC manipulating it imo [2017-01-07 06:01:38] elmorte : from 1200 to 200? [2017-01-07 06:01:40] dodic : Dtrade16: Never so low? [2017-01-07 06:01:40] imapotato : back down we go [2017-01-07 06:01:44] HANGHANG : gg [2017-01-07 06:01:48] dodic : Dtrade16: Uh... [2017-01-07 06:01:48] MikeHunt : elmorte: its possible [2017-01-07 06:01:49] imapotato : I wanna freeee fallll [2017-01-07 06:01:52] mariomarco : moar down captain [2017-01-07 06:01:53] imapotato : out into nothing [2017-01-07 06:01:56] imapotato : I'm gone leave this [2017-01-07 06:02:00] imapotato : this world for a while! [2017-01-07 06:02:02] REKT : Liquidated long on `XBTH17`: sell 5000 @ 843.29 [2017-01-07 06:02:03] imapotato : now I'm freeeee [2017-01-07 06:02:04] imapotato : free fallin [2017-01-07 06:02:04] elmorte : MikeHunt: i was quoting history [2017-01-07 06:02:05] imapotato : fallin [2017-01-07 06:02:11] REKT : Liquidated long on `XBTUSD`: sell 20 @ 823.08 [2017-01-07 06:02:17] imapotato : Free tickets to the dump show! https://www.youtube.com/watch?v=20Ov0cDPZy8 [2017-01-07 06:02:28] mariomarco : xD [2017-01-07 06:02:31] shery : ooops [2017-01-07 06:02:42] Dtrade16 : Come on guys [2017-01-07 06:03:15] elmorte : massive lines of defence at each 100 yuan step [2017-01-07 06:03:27] imapotato : elmorte: good luck with that [2017-01-07 06:03:41] elmorte : imapotato: with what? [2017-01-07 06:03:45] dodic : 800 train leaving station [2017-01-07 06:03:47] imapotato : resistance [2017-01-07 06:03:48] Dtrade16 : Whoever manipulates needs this thing to be alive [2017-01-07 06:03:55] Dtrade16 : It's their money stream [2017-01-07 06:04:00] elmorte : you're assuming you know my position [2017-01-07 06:04:04] shiroe : *buying every dip in the corner* [2017-01-07 06:04:43] MikeHunt : Dtrade16: its not imo its PRC doing it [2017-01-07 06:04:51] MikeHunt : Dtrade16: they've spent $100tn fighting USD already [2017-01-07 06:05:12] narnarfromnarnia : this is nuts my deposit is lagging [2017-01-07 06:05:19] elmorte : 100tn? Of the 2+tn they own? [2017-01-07 06:05:29] MikeHunt : Dtrade16: a classic PnD stops when no more buyers, this was stopped at 8888 artificially [2017-01-07 06:05:32] imapotato : elmorte: china leveraged itself 50x [2017-01-07 06:05:43] MikeHunt : elmorte: $100tn of their FOREX reserves [2017-01-07 06:06:11] Dtrade16 : wow [2017-01-07 06:06:15] elmorte : They don't have 100tn in forex reserves... [2017-01-07 06:06:29] elmorte : The whole fuckin world doesn't have a GDP of 100tn [2017-01-07 06:06:42] aethlios : looks like that was guys, bottom here. [2017-01-07 06:06:47] imapotato : no [2017-01-07 06:07:10] MikeHunt : elmorte: oops, $1tn [2017-01-07 06:07:29] Dtrade16 : MikeHunt: Are you talking about trillion? [2017-01-07 06:07:30] imapotato : what are two orders of magnitude among friends [2017-01-07 06:07:47] elmorte : oooops :) [2017-01-07 06:08:09] MikeHunt : Dtrade16: $1 trillion [2017-01-07 06:08:19] Dtrade16 : Lol [2017-01-07 06:08:29] Dtrade16 : I doubt that [2017-01-07 06:08:38] Dtrade16 : 1 trillion dollars is a shit ton of money [2017-01-07 06:08:43] l3f : aethlios: You're joking right, rectangle consolidation [2017-01-07 06:08:47] imapotato : inb4 china bans bitcoin again [2017-01-07 06:08:48] MikeHunt : Dtrade16: https://upload.wikimedia.org/wikipedia/commons/thumb/d/d2/Foreign_exchange_reserves_of_China.svg/350px-Foreign_exchange_reserves_of_China.svg.png [2017-01-07 06:09:12] elmorte : Dtrade16: he's not...could be even more [2017-01-07 06:09:28] Dtrade16 : I'm not understanding what you're saying here [2017-01-07 06:09:43] Dtrade16 : You're suggesting that china is spending 1 trillion to ban bitcoin? [2017-01-07 06:09:51] narnarfromnarnia : waiting for long rekts [2017-01-07 06:10:52] elmorte : MikeHunt: actually, I was trying to work out the macro in my head last night. But I wasnt very clearheaded. [2017-01-07 06:10:52] MikeHunt : Dtrade16: on fighting USD [2017-01-07 06:11:21] Dtrade16 : MikeHunt: How are they fighting USD exactly? [2017-01-07 06:11:25] HANGHANG : I am a Chinese, the Chinese government to prevent the reduction of foreign exchange reserves, they take to close the bit coin circulation [2017-01-07 06:11:42] elmorte : If PRC is fighting BTC with spending...that means they must be selling it for RMB...which means they must own it to begin with [2017-01-07 06:11:48] jedisatoshi : shiroe: you buying dips? [2017-01-07 06:12:11] elmorte : Now, if you own it...shouldn't you want it to be as worth as much as possible? [2017-01-07 06:12:17] MikeHunt : Dtrade16: selling it off [2017-01-07 06:12:32] jedisatoshi : elmorte: unless you want to buy more [2017-01-07 06:12:32] elmorte : This is different from USD since USD is used in direct international trade [2017-01-07 06:12:32] imapotato : look out below [2017-01-07 06:12:33] MikeHunt : HANGHANG: they want to destroy bitcoin? [2017-01-07 06:12:34] Dtrade16 : MikeHunt: Lol [2017-01-07 06:12:36] dodic : HANGHANG: How aggressively do you think they will be [2017-01-07 06:12:47] MikeHunt : dodic: an authoritarian regime...very? [2017-01-07 06:12:47] elmorte : jedisatoshi: but then you're not against it [2017-01-07 06:13:00] jedisatoshi : elmorte: exactly [2017-01-07 06:13:00] Dtrade16 : The US would crush China if they wanted to [2017-01-07 06:13:10] elmorte : Unless they want to own the entire circulation [2017-01-07 06:13:46] Dtrade16 : The Chinese economy rides on the coat tails of the USD [2017-01-07 06:13:46] jedisatoshi : elmorte: i think its all a show.. china is all about bitcoin. They want nothing more than to dethrown the dollar [2017-01-07 06:13:56] Dtrade16 : Pretty crazy stuff you're saying there Mike [2017-01-07 06:14:06] jedisatoshi : Dtrade16: China is part of the BRICS [2017-01-07 06:14:17] elmorte : Dtrade16: what Mike is saying is taught in schools [2017-01-07 06:14:28] jedisatoshi : they hate that the dollar is the world reserve currency. [2017-01-07 06:14:55] MikeHunt : if china destroys bitcoin there will be no outlet for their currency failing, it will destroy them either way [2017-01-07 06:15:01] jedisatoshi : that is how the central banks control everything thru printing usd out of thin air [2017-01-07 06:15:29] imapotato : downward [2017-01-07 06:16:00] hwrenqr : MikeHunt: actually there was an article on coindesk involving a chinese entrepeneur saying that there are at least 10-25 outlets for their currency [2017-01-07 06:16:13] hwrenqr : much more efficient than bitcoin [2017-01-07 06:16:29] hwrenqr : alternative outlets* [2017-01-07 06:16:29] Dtrade16 : Chinese currency is worthless without the US [2017-01-07 06:16:29] MikeHunt : hwrenqr: venuezuela has them as well, but u get the idea of were they are heading? [2017-01-07 06:16:42] Dtrade16 : The US buys labour from them [2017-01-07 06:16:55] MikeHunt : Dtrade16: trump is looking to destroy that labour market [2017-01-07 06:17:04] Dtrade16 : MikeHunt: Yah right lol [2017-01-07 06:17:04] shery : Dtrade16: they are strong without US too [2017-01-07 06:17:12] Dtrade16 : MikeHunt: With all his china steal [2017-01-07 06:17:23] Dtrade16 : shery: They aren't shit wo the US [2017-01-07 06:17:41] Dtrade16 : Go look at their GDP and their economy [2017-01-07 06:17:47] Dtrade16 : It's all labour exports [2017-01-07 06:17:49] hwrenqr : MikeHunt: hmmm yeah i guess if I think about it it all leads back to one outlet [2017-01-07 06:18:14] hwrenqr : MikeHunt: in the conventional sense.. [2017-01-07 06:19:19] MikeHunt : Dtrade16: we'll have to wait and see [2017-01-07 06:22:40] imapotato : reaching the end of a descending wedge [2017-01-07 06:22:41] MikeHunt : if PRC really is doing this and they fail to break the bull market it should show up their FOREX reserve report [2017-01-07 06:24:21] olimano1 : Why are the results of the calculator different than the actual results of a trade? [2017-01-07 06:24:32] MikeHunt : olimano1: dont inc. fees iirc [2017-01-07 06:25:14] olimano1 : how much are fees? [2017-01-07 06:25:15] Alls : Did we hit 800 yet? [2017-01-07 06:25:29] Alls : Suicide watch growing stronger and stronger? [2017-01-07 06:26:55] MikeHunt : olimano1: https://www.bitmex.com/app/fees [2017-01-07 06:27:16] MikeHunt : generally 0.1% both ways [2017-01-07 06:27:51] lockhedge : futures markets don't believe that the Yuan devaluation will stop after this intervention June 17 @ 7.0772 https://www.hkex.com.hk/eng/ddp/Contract_Details.asp?PId=220 [2017-01-07 06:27:53] narnarfromnarnia : maybe 800 then fly up [2017-01-07 06:28:22] narnarfromnarnia : deposit finally makes it now not moving :( [2017-01-07 06:28:29] imapotato : lol [2017-01-07 06:28:38] imapotato : Closed my short profitably. [2017-01-07 06:28:48] imapotato : About half as profitably as it could have been, but I'll take it happily. [2017-01-07 06:29:57] narnarfromnarnia : imapotato: are you going long now then? [2017-01-07 06:30:02] imapotato : narnarfromnarnia: no [2017-01-07 06:31:45] imapotato : Too much chop. [2017-01-07 06:32:01] imapotato : I'm going to go get some work done and then go to bed. No position for me. [2017-01-07 06:32:17] narnarfromnarnia : imapotato: short the daily [2017-01-07 06:32:31] imapotato : why [2017-01-07 06:32:51] MikeHunt : we found the bottom at last? [2017-01-07 06:33:57] imapotato : Maybe I sleep on a low leverage long. [2017-01-07 06:35:15] mariomarco : where is our 800 [2017-01-07 06:35:20] mariomarco : fuking scam [2017-01-07 06:35:39] mariomarco : MikeHunt: wheres the prc and the gookdump squad [2017-01-07 06:35:44] mariomarco : shiit [2017-01-07 06:36:54] imapotato : I don't think there's much more room for down, to be honest [2017-01-07 06:36:55] imapotato : http://i.imgur.com/OGL4Bnx.png [2017-01-07 06:37:06] jedisatoshi : you shorts ready to get squeezed? [2017-01-07 06:37:10] MikeHunt : looks like PRC has failed if this is the bottom [2017-01-07 06:37:13] MikeHunt : rejoice if thats the case [2017-01-07 06:37:16] MikeHunt : bull market saved [2017-01-07 06:38:01] mariomarco : im bursting with rejoicnessnes [2017-01-07 06:38:03] jedisatoshi : so glad im long at 819... going to ride it to 2K [2017-01-07 06:38:14] mariomarco : this is fucking ridiculous [2017-01-07 06:38:49] shery : lmao spot [2017-01-07 06:39:59] MikeHunt : if you look in 1hr how it curves down [2017-01-07 06:40:07] MikeHunt : suggest its more expensive to sell it off as it goes down [2017-01-07 06:40:11] MikeHunt : parabollic curve [2017-01-07 06:40:11] narnarfromnarnia : shery: what's your current position? [2017-01-07 06:40:59] shery : narnarfromnarnia: mega short from 1150. closing few at bottoms and than shorting again at tops hourly [2017-01-07 06:41:17] narnarfromnarnia : nice [2017-01-07 06:41:27] narnarfromnarnia : so then you have done really well :) [2017-01-07 06:42:31] shery : narnarfromnarnia: I was targeting that right from start in this bullish market, i missed owere enteries , so i decided to short on op instead, took profit by daily long and short in that bullish market [2017-01-07 06:43:32] shery : narnarfromnarnia: but i would suggest you not to short here , it might bounce a bit , short on higher prices [2017-01-07 06:43:48] narnarfromnarnia : shery: ya im only waiting for serious price action [2017-01-07 06:44:02] narnarfromnarnia : i've watched prices without trading for a few days and now i can be more calm [2017-01-07 06:44:27] shery : narnarfromnarnia: it wont get pass 6k today for sure , will be sideways , might test 5900 + gaian now i am waiting for that entry [2017-01-07 06:45:36] chords : hello evryone [2017-01-07 06:45:44] imapotato : chords: no [2017-01-07 06:45:47] alejandromasari : I shorted 25000 contracts at 1150 woooooo [2017-01-07 06:46:03] shery : alejandromasari: 67000 here =D [2017-01-07 06:46:52] chords : imapotato:no what [2017-01-07 06:47:01] MikeHunt : i shorted initially but fomo'd [2017-01-07 06:47:44] imapotato : chords: sleep 'til Brooklyn [2017-01-07 06:48:36] mariomarco : i shortted before the dip [2017-01-07 06:48:37] mariomarco : x50 [2017-01-07 06:48:44] mariomarco : and i made like 10btc