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<< >> English 中文 Русский 한국어 日本語 Español Français [2017-01-09 15:42:55] l3f : everything fits [2017-01-09 15:43:21] l3f : and this guy's strong, he's got shit tons of capital [2017-01-09 15:43:34] Rado2 : looks like we will trade in a range for a few more days [2017-01-09 15:43:36] Rado2 : if not more [2017-01-09 15:43:54] sleger : l3f: where do you think he is buying (exchange) ? [2017-01-09 15:44:11] Rado2 : l3f: evidence? [2017-01-09 15:44:26] l3f : sleger: okc [2017-01-09 15:44:35] l3f : look at the chart and tell me what you see [2017-01-09 15:44:58] l3f : BTCCNY [2017-01-09 15:45:15] Apocalyptic : l3f: if you believe something strong enough you'll see it on every chart [2017-01-09 15:45:24] sleger : btccny wont mean much because 0 fees so you can make the graph say what you want by wash trading [2017-01-09 15:47:33] l3f : I'll tell ya in private [2017-01-09 15:48:02] l3f : too many ppl leeching here [2017-01-09 15:49:15] brojo : i want to leech [2017-01-09 15:50:54] sleger : brojo: just buy !! [2017-01-09 15:51:49] rustiv : let the leechers leech [2017-01-09 15:52:13] l3f : brojo: ya just buy [2017-01-09 15:55:54] Rado2 : l3f: insider trading :-) [2017-01-09 15:56:14] Dynamix : up or down we go ? [2017-01-09 15:56:26] sleger : it comes from public market data so not really [2017-01-09 15:57:21] Rado2 : sleger: if it's from public data then it will not help you at all [2017-01-09 15:57:27] Rado2 : since everyone else knows the same thing [2017-01-09 15:57:35] sleger : your bot uses public data too [2017-01-09 15:57:39] l3f : sleger: well do you see anything with okc? [2017-01-09 15:57:51] sleger : not everyone looks at things the right way [2017-01-09 15:57:59] Rado2 : sleger: that is true [2017-01-09 15:58:11] sleger : l3f: no, but i only looked at bitcoinwisdom graph [2017-01-09 15:58:25] l3f : ok huge volumes when moving side ways is 100% accumulation [2017-01-09 15:58:26] Rado2 : but that is not advantage because of knowledge [2017-01-09 15:58:42] sleger : l3f: i see similar volumes all the time. what timeframe you looking at ? [2017-01-09 15:59:03] l3f : Compare current hourly volumes with volumes during upwards movement back in december [2017-01-09 15:59:04] l3f : it's almost double [2017-01-09 15:59:21] l3f : and we're going side ways [2017-01-09 15:59:45] sleger : l3f: it's double because volatility is much higher even if just sideways [2017-01-09 15:59:56] Rado2 : yep [2017-01-09 16:00:07] Rado2 : volume always goes up during breakouts and breakdowns [2017-01-09 16:00:14] sleger : something happens every 4 hours now [2017-01-09 16:00:19] sleger : here on bitmex [2017-01-09 16:00:24] sleger : at mid funding [2017-01-09 16:00:27] sleger : what is it ? [2017-01-09 16:00:59] l3f : We've moved like 2 cny [2017-01-09 16:01:03] Rado2 : sleger: what did you notice? [2017-01-09 16:01:26] l3f : Rado2: A ghost [2017-01-09 16:01:29] sleger : Rado2: buy /sell buttons disappeared just at 4hrs before funding [2017-01-09 16:01:35] sleger : just like they do at funding [2017-01-09 16:01:42] l3f : Yeah I had that happen [2017-01-09 16:01:48] l3f : I think they're liive updating the UI [2017-01-09 16:02:04] l3f : The instrument also get disabled with a "instrument not available" [2017-01-09 16:02:05] l3f : thing [2017-01-09 16:02:06] sleger : i think they will change funding to 4hrs maybe [2017-01-09 16:02:08] Rado2 : sleger: so they stop/refresh the engine [2017-01-09 16:02:29] l3f : whenever people say "something happened" [2017-01-09 16:02:32] l3f : is really spooky [2017-01-09 16:02:35] sleger : this way higher funding but they can keep their 100x [2017-01-09 16:03:44] Rado2 : sleger: you mean they will reduce the rate but charge it twice more often? [2017-01-09 16:03:51] sleger : Rado2: no [2017-01-09 16:03:54] sleger : keep same logic [2017-01-09 16:04:01] sleger : but on 4hrs instead of 8 [2017-01-09 16:04:08] Rado2 : isn't that bad fo rpeople who have to pay? [2017-01-09 16:04:17] l3f : sleger: Compare volumes on btcchina [2017-01-09 16:04:18] l3f : with okc [2017-01-09 16:04:19] sleger : on average it shouldnt change anything [2017-01-09 16:04:22] l3f : at the same intervals [2017-01-09 16:04:29] l3f : okc is double [2017-01-09 16:04:35] l3f : right now [2017-01-09 16:04:52] l3f : You don't see the accumulation pattern on btcchina [2017-01-09 16:04:57] sleger : l3f: okc is also almost same volume all the time because its fake volume (wash trading) [2017-01-09 16:05:17] l3f : No but during this period of side ways, okc has double compared to rising [2017-01-09 16:05:20] l3f : on btcchina [2017-01-09 16:05:23] sleger : you're just looking at bots trading against themselves and creating fake volume [2017-01-09 16:05:39] l3f : You think they turned on more bots for the sideways? [2017-01-09 16:05:56] sleger : and the 1 hour volume is 50k coin so what someone is buying 25k coins an hour ? [2017-01-09 16:06:02] sleger : lol [2017-01-09 16:06:11] Rado2 : sleger: why would they want to create fake volume? I don't see the advantage. [2017-01-09 16:06:48] sleger : place 100btc ask, have your other bot take it, gives the impression of strong buy, price goes up [2017-01-09 16:06:57] sleger : this is basic manipulation [2017-01-09 16:06:58] l3f : Why would okc have significantly more volume during this particular side ways movement compared to other chinese exchanges? [2017-01-09 16:07:03] sleger : super easy with 0 fee [2017-01-09 16:07:54] l3f : You don't think this is accumulation? [2017-01-09 16:08:08] BitMEX_Sam : Like spoofing, but even easier to do because there's no laws against washing [2017-01-09 16:08:09] sleger : not really [2017-01-09 16:08:21] sleger : BitMEX_Sam: are you thinking about changing funding period to 4 hours ? [2017-01-09 16:08:32] l3f : sleger: no other explaination? [2017-01-09 16:08:41] BitMEX_Sam : sleger: No, we are running archive jobs more frequently due to the increased load on the system [2017-01-09 16:08:41] sleger : dont think so [2017-01-09 16:09:00] sleger : BitMEX_Sam: that makes the buy/sell buttons disappear briefly ? [2017-01-09 16:09:05] BitMEX_Sam : yes [2017-01-09 16:09:09] sleger : ok thanks [2017-01-09 16:09:16] StanTheMan : this is distribution before another leg down. the sellers will buy back lower [2017-01-09 16:09:22] BitMEX_Sam : The instrument closes for a brief time during that archive, and when instruments are closed the buy/sell buttons disappear [2017-01-09 16:09:33] BitMEX_Sam : Since we push every delta out the websocket, this one gets pushed too [2017-01-09 16:10:06] BitMEX_Sam : In the near future we'll be optimizing this [2017-01-09 16:10:52] l3f : StanTheMan: why would he do that? [2017-01-09 16:11:08] l3f : You think this is microselling out? [2017-01-09 16:11:16] l3f : certainly possible [2017-01-09 16:11:36] l3f : Either accumulation or just microexiting [2017-01-09 16:11:48] l3f : both would raise volumes with sideways [2017-01-09 16:15:14] Apocalyptic : BitMEX_Sam: I've noticed yesterday that longing at x1 on H17 gave me a liquidation price in the 400s, how is this possible ? It's supposed to be 0 in this case [2017-01-09 16:15:39] l3f : Also what is up with the liquidity [2017-01-09 16:15:40] l3f : why is it so bad? [2017-01-09 16:16:13] Apocalyptic : l3f: the main MM probably left the building during the crazy volatility [2017-01-09 16:16:29] l3f : We need more MMs :) [2017-01-09 16:16:49] StanTheMan : l3f: a lot of new buyers buying the top or averaging down that will panic dump. [2017-01-09 16:16:50] odieoh : Is there a fairly simple bot available to play with? Interested in creating an account with a very low balance just to play around with botting for the first time [2017-01-09 16:17:07] Apocalyptic : or he just increased the spread he quotes quite q bit [2017-01-09 16:17:08] BitMEX_Greg : l3f: What product are you referring to? I see the main MM still quoting [2017-01-09 16:17:19] l3f : BitMEX_Greg: Look at xbtusd [2017-01-09 16:17:23] l3f : It's gaping [2017-01-09 16:17:40] l3f : Whenevner it moves slightly it gapes [2017-01-09 16:18:00] BitMEX_Greg : l3f: $ wise or % wise? [2017-01-09 16:18:06] Apocalyptic : BitMEX_Greg: Please can you take a look at my question above ? [2017-01-09 16:18:08] BitMEX_Greg : Apocalyptic: Will take a look at this [2017-01-09 16:18:18] l3f : Both? [2017-01-09 16:18:34] Apocalyptic : BitMEX_Greg: It's the same at testnet, I tried with 1 contract yesterday [2017-01-09 16:18:44] BitMEX_Sam : Apocalyptic: Both XBTUSD & XBTH17 are inverse contracts [2017-01-09 16:18:48] BitMEX_Sam : See the calculator for more details [2017-01-09 16:19:21] BitMEX_Sam : So when you buy one contract, you're putting up the amount of bitcoin equal to US$1 [2017-01-09 16:19:33] BitMEX_Sam : If Bitcoin went to 0, you couldn't possibly have put up enough to equal $1 [2017-01-09 16:19:33] l3f : Is the post-only thing fixed with stops? [2017-01-09 16:19:39] BitMEX_Greg : l3f: Not sure what you mean, our MM tells us they have not changed anything [2017-01-09 16:19:41] Apocalyptic : right, I'm not longing with USD... [2017-01-09 16:19:51] l3f : BitMEX_Greg: ah nevermind then [2017-01-09 16:19:55] Apocalyptic : BitMEX_Sam: thanks [2017-01-09 16:19:59] BitMEX_Greg : l3f: Can you explain in more detail? [2017-01-09 16:22:39] BitMEX_Sam : l3f: I recall your question [2017-01-09 16:22:54] BitMEX_Sam : That is not a bug; the post-only preference is simply saved, you are assuming it is sent with Trailing Stops but it is not [2017-01-09 16:22:59] l3f : I know [2017-01-09 16:23:00] l3f : but in the UI [2017-01-09 16:23:04] l3f : the checkbox is in another tab [2017-01-09 16:23:14] BitMEX_Sam : Yes - how is that an issue? It is saving your preferences for a different order type [2017-01-09 16:23:26] l3f : But the checkbox in the other tab affects my stop! [2017-01-09 16:23:32] BitMEX_Sam : No, it doesn't. [2017-01-09 16:23:48] l3f : Then why is my stop post only? [2017-01-09 16:23:51] BitMEX_Sam : As I mentioned, the post-only instruction is not sent with Trailing Stops or Stop Market orders [2017-01-09 16:24:01] REKT : Liquidated long on `XBTUSD`: sell 1000 @ 890.48 [2017-01-09 16:24:01] REKT : Liquidated long on `XBTUSD`: sell 12000 @ 890.59 [2017-01-09 16:24:05] l3f : Well then I had stops get cancelled [2017-01-09 16:24:13] l3f : and they were market stops [2017-01-09 16:24:44] BitMEX_Sam : That's possible if you didn't choose `Close` and didn't have the margin to actually execute the order [2017-01-09 16:24:48] BitMEX_Sam : This is possible if you have other open orders [2017-01-09 16:24:56] Apocalyptic : l3f: maybe other close on trigger orders cancelled them ? [2017-01-09 16:25:03] l3f : Quite possible [2017-01-09 16:25:10] l3f : I will be more dilligent next time [2017-01-09 16:25:21] REKT : Liquidated long on `XBTUSD`: sell 900 @ 890.10 [2017-01-09 16:25:31] zfan : BitMEX_Greg: you said "our MM". Does it mean bitmex is quoting? [2017-01-09 16:26:12] BitMEX_Sam : zfan: No, he's referring to our lead MM, which is an external party [2017-01-09 16:26:35] zfan : BitMEX_Sam: ok, thanks! [2017-01-09 16:26:56] Apocalyptic : BitMEX_Sam: if you can disclose it, is it micmix ? [2017-01-09 16:27:26] REKT : Liquidated long on `XBTUSD`: sell 5000 @ 887.88 [2017-01-09 16:27:27] REKT : Liquidated long on `XBTH17`: sell 200 @ 918.31 [2017-01-09 16:27:27] REKT : :roller_coaster: :chart_with_downwards_trend: :japanese_goblin: [2017-01-09 16:27:57] sleger : Apocalyptic: its not [2017-01-09 16:28:16] sleger : according to micmix [2017-01-09 16:28:22] BitMEX_Greg : zfan: No. As Sam mentions, it is a MM that a relationship with us. It is "our", i.e. BitMEX's, main market maker [2017-01-09 16:28:34] BitMEX_Greg : as in the main market maker on the platform [2017-01-09 16:29:08] BitMEX_Greg : Apocalyptic: We do not reveal our client's information [2017-01-09 16:29:41] Apocalyptic : BitMEX_Greg: understandable [2017-01-09 16:35:16] REKT : Liquidated short on `XBCH17`: buy 1 @ 6464.9 :punch: :whale: [2017-01-09 16:36:50] StanTheMan : how come Fills no longer shows the fee paid for opening / closing a position? [2017-01-09 16:37:28] Rado2 : StanTheMan: you can see them here: https://www.bitmex.com/app/tradeHistory [2017-01-09 16:38:01] StanTheMan : all right. i'll bookmark that [2017-01-09 16:38:06] StanTheMan : thx [2017-01-09 16:38:15] elmorte : sleger: I meant filled. Sometimes I buy alts when I think they're undervalued and set a limit at some hopeful price [2017-01-09 16:38:20] Rado2 : np [2017-01-09 16:38:30] BitMEX_Sam : StanTheMan: We found that panel was wider than the others and was scrolling; the Trade History has complete info [2017-01-09 16:38:43] sleger : elmorte: oh ok, i thought there was some kind of limit somewhere, pos limit or else [2017-01-09 16:42:35] moo : is Bitcoinscam going down agaiin? [2017-01-09 16:43:12] Rado2 : BitMEX_Sam: I noticed that the expires error happens only on the 3rd level order. Added a logging of my local time to see why does it take so long to prepare and submit the orders [2017-01-09 16:43:33] BitMEX_Sam : Your 'expires' time that you're sending might not be regenerated properly [2017-01-09 16:43:41] BitMEX_Sam : Be sure to log your local time, what you sent, and the error [2017-01-09 16:46:54] Rado2 : BitMEX_Sam: will do [2017-01-09 16:48:41] RocketScience : Is Rado2 =blue Rado? [2017-01-09 16:49:03] sleger : RocketScience: yes [2017-01-09 16:50:21] arbitrage101 : lots of new name here lately [2017-01-09 16:50:33] StanTheMan : yeah [2017-01-09 16:50:50] CrazyAlfy : BitMEX_Sam: Would it be possible for BitMEX to publish the exec prices for XBTUSD in the contracts funding history? [2017-01-09 16:51:21] StanTheMan : 900,000 more xbth17 contracts and the price is the same. time for a dump and more longs margin called [2017-01-09 16:53:53] moo : its going down hard! [2017-01-09 16:53:55] moo : 250$ [2017-01-09 16:54:56] RocketScience : https://twitter.com/cnLedger/status/818500764498694144 [2017-01-09 16:55:03] RocketScience : more unverified fud [2017-01-09 16:55:28] Rado2 : moo: your post have no value [2017-01-09 16:55:39] Rado2 : also don't affect anyone if you were thinking they do [2017-01-09 16:55:43] arbitrage101 : RocketScience: how is it unverified? [2017-01-09 16:55:46] RocketScience : moo go back to milking your cows [2017-01-09 16:56:01] arbitrage101 : i just milked my mojo [2017-01-09 16:56:03] RocketScience : it says so...like unnoficial [2017-01-09 16:56:26] RocketScience : i don't know, i didn't take the time to translate the original article which is in chinese letters [2017-01-09 16:56:30] Rado2 : I would love if China prevents exchanges to print fake volume somehow [2017-01-09 16:56:51] arbitrage101 : hard to define what is real [2017-01-09 16:56:57] Rado2 : it will be great if we can compare apples to apples what are the volumes between East and West [2017-01-09 16:57:42] moo : China bans come in waves [2017-01-09 16:57:46] moo : prepare for 4000 yuan [2017-01-09 16:59:08] RocketScience : 6200 test 2 [2017-01-09 16:59:31] REKT : Liquidated long on `XBCH17`: sell 1400 @ 6392.3 [2017-01-09 17:08:08] thailand : is interest charged on using margin/leverage on the future contracts (XBCH17)? [2017-01-09 17:09:38] arbitrage101 : thailand: the rate is build in the premium [2017-01-09 17:09:49] arbitrage101 : you are paying higher than spot rate to long [2017-01-09 17:09:52] BitMEX_Greg : thailand: The funding rate is charged on your entire position [2017-01-09 17:09:53] thailand : I thought so, just wanted to know if there was additional [2017-01-09 17:09:54] thailand : thanks [2017-01-09 17:10:23] abbey : moo: we are going to moon, take it or leave it [2017-01-09 17:10:24] Apocalyptic : thailand: there is no funding fee on H17 [2017-01-09 17:10:26] BitMEX_Greg : thailand: Only on the XBTUSD swap. There is no funding on the Futures Contracts [2017-01-09 17:11:41] Alignment : bitmex please add perpetual swap for ETH and XMR [2017-01-09 17:12:07] arbitrage101 : Alignment: they did [2017-01-09 17:12:14] arbitrage101 : it didnt work out [2017-01-09 17:12:22] arbitrage101 : so it is switch back to future [2017-01-09 17:12:33] Alignment : when did they? [2017-01-09 17:12:41] arbitrage101 : not too long ago [2017-01-09 17:12:43] Alignment : and why didnt it work out? no volume? [2017-01-09 17:12:56] arbitrage101 : no volume and extremely high funding fee [2017-01-09 17:15:51] Alignment : k [2017-01-09 17:28:48] QuantFocus : hey guys [2017-01-09 17:28:51] sleger : but 30days future would be much better than 7d [2017-01-09 17:29:06] QuantFocus : hope you had a relaxing weekend. [2017-01-09 17:34:22] QuantFocus : so the alt-coin pump cycle lasted quite long last year, and started early [2017-01-09 17:34:58] cxche : Yoo what's the leverage max for spot? [2017-01-09 17:35:02] cxche : quick [2017-01-09 17:35:13] QuantFocus : i was going to respond quickly [2017-01-09 17:35:30] ayy_lmao : hello amigos [2017-01-09 17:35:30] QuantFocus : but then you said quick [2017-01-09 17:35:31] QuantFocus : so i figured i'd drag it out a bit [2017-01-09 17:35:37] QuantFocus : it's 100x [2017-01-09 17:35:49] cxche : Really? [2017-01-09 17:35:51] QuantFocus : ayy_lmao: :+1: [2017-01-09 17:36:15] cxche : For Bitcoin spot? [2017-01-09 17:37:42] odieoh : yes [2017-01-09 17:37:48] QuantFocus : it says it right in the name [2017-01-09 17:37:57] QuantFocus : Perpetual Swap (100x) [2017-01-09 17:38:08] odieoh : But does 100x really mean 5x? [2017-01-09 17:38:11] odieoh : how do I know? [2017-01-09 17:38:17] QuantFocus : you know, good question [2017-01-09 17:38:23] QuantFocus : let me get carl sagan on the line [2017-01-09 17:38:27] odieoh : it could even mean 7x [2017-01-09 17:38:56] QuantFocus : carl says it really means 100rekt [2017-01-09 17:39:08] odieoh : Carl is a wise ghost [2017-01-09 17:39:36] sleger : i like how the newb comes, asks a stupid question and then says "quick" and you guys answer him [2017-01-09 17:40:18] odieoh : @cxche, you can trade with 100x but if you actually leverage that much, the natural little swings in the market will get you liquidated pretty quick [2017-01-09 17:40:56] sleger : odieoh: hey what's the open interest on swap ? [2017-01-09 17:40:56] sleger : quick [2017-01-09 17:41:37] odieoh : lil short of 4 million [2017-01-09 17:41:59] odieoh : whats the temperature in Spain? [2017-01-09 17:42:04] odieoh : QUICK [2017-01-09 17:42:11] sleger : 23 [2017-01-09 17:42:34] odieoh : In F you heathen [2017-01-09 17:42:41] QuantFocus : yea, it's a fault to be good natured [2017-01-09 17:42:45] odieoh : Who uses Celsius anyway [2017-01-09 17:42:49] odieoh : oh yeah everyone [2017-01-09 17:43:08] sleger : odieoh: spain [2017-01-09 17:43:12] sleger : they use C [2017-01-09 17:43:56] sleger : QuantFocus: did you notice how he said thank you as well [2017-01-09 17:44:06] QuantFocus : :( [2017-01-09 17:44:16] sleger : cxche: your parents did a very bad job educating you [2017-01-09 17:46:30] FreeMoney : hi guys [2017-01-09 17:46:52] FreeMoney : its not holding this line. [2017-01-09 17:47:08] FreeMoney : I haz taken short position for the moment [2017-01-09 17:47:35] StanTheMan : wow open interest on swap is so low [2017-01-09 17:47:53] StanTheMan : xbth17 almost has more. seems people like low premium and no funding [2017-01-09 17:48:08] StanTheMan : makes sense because if price rises so does the premium. doesnt make sense to pay 0.375 in funding every 8 hours [2017-01-09 17:51:04] sleger : the people who entered with >100$ premium certainly wouldnt agree [2017-01-09 17:51:39] FreeMoney : mod I want to set a cover for my short much lower and also rebuy some coins. this possible? [2017-01-09 17:52:52] FreeMoney : sleger: can we hang out while I pick your brains for trading insight? [2017-01-09 17:53:18] FreeMoney : there are 4-5 guys here who I know are most expertise [2017-01-09 17:53:39] sleger : i'm afraid i can't do that dave [2017-01-09 17:53:58] FreeMoney : sleger: lol dave? [2017-01-09 17:54:12] QuantFocus : yea, from that movie Andre 3000 [2017-01-09 17:54:46] FreeMoney : He is guarding valuable information [2017-01-09 17:54:47] QuantFocus : where the wu tang clan goes back to the future [2017-01-09 17:54:55] FreeMoney : lmao [2017-01-09 17:55:17] FreeMoney : cannot get in the hands of the wrong trader for bitcoin would never be the same [2017-01-09 17:56:43] QuantFocus : orly [2017-01-09 17:56:52] StanTheMan : QuantFocus: have you seen this wu tang clan clip? https://www.youtube.com/watch?v=SBNlhoNMIzM [2017-01-09 17:59:27] QuantFocus : love it [2017-01-09 17:59:36] QuantFocus : white people are so weird [2017-01-09 18:00:31] sleger : are you a c.e.o. ? [2017-01-09 18:02:06] QuantFocus : i own a pharmaceutical company [2017-01-09 18:02:31] sleger : nice ! [2017-01-09 18:02:46] sleger : are you martin ? [2017-01-09 18:02:58] QuantFocus : nope [2017-01-09 18:03:01] sleger : :( [2017-01-09 18:03:08] sleger : love that guy [2017-01-09 18:03:20] QuantFocus : he's the trolliest [2017-01-09 18:04:31] StanTheMan : LTC has SegWit and look at the monthly bbands http://i.imgur.com/D6LHmwv.png [2017-01-09 18:05:05] anonymous123421 : huh, interesting [2017-01-09 18:05:09] QuantFocus : nice [2017-01-09 18:05:20] QuantFocus : i'm a LTC bull [2017-01-09 18:05:31] QuantFocus : fundamentally as well [2017-01-09 18:05:51] sleger : really ? [2017-01-09 18:05:58] sleger : i understand it might pump one more time [2017-01-09 18:05:59] QuantFocus : if there truly is a need to move significant capital, it's still one of the most liquid alts, and trustworthy networks [2017-01-09 18:06:05] sleger : but ... it's just a copycat [2017-01-09 18:06:17] anonymous123421 : What does it offer compared to other alts? [2017-01-09 18:06:19] QuantFocus : right, but that blockchain can handle high volume capital [2017-01-09 18:06:20] sleger : there is eth [2017-01-09 18:06:44] QuantFocus : there will need to be more than btc + 1 alt to absorb volume [2017-01-09 18:06:59] StanTheMan : ltc only liquid on okcoin and huobi [2017-01-09 18:06:59] QuantFocus : any of the top 5 alts are probably poised for capital inflows [2017-01-09 18:07:17] QuantFocus : institutional capital inflows to crypto [2017-01-09 18:07:22] sleger : i have some xmr, eth and etc [2017-01-09 18:07:33] QuantFocus : i'm mostly posturing at this point, but there is some rationale there [2017-01-09 18:07:35] sleger : i have some ltc too [2017-01-09 18:07:57] StanTheMan : better have some ltc [2017-01-09 18:08:06] anonymous123421 : Should I stash away some alts for holding? I feel like ETH might be worth something in a while [2017-01-09 18:08:10] sleger : 2500ltc i had forgotten for about a year and then discovered in the 0kcoin futures wallet [2017-01-09 18:08:11] StanTheMan : crazy china fatcats will buy ltc [2017-01-09 18:08:13] QuantFocus : trillions in worldwide capital looking for an exit hatch. btc can't absorb it all [2017-01-09 18:08:50] arbitrage101 : sleger: that is a lot of money to be forget [2017-01-09 18:08:58] QuantFocus : right? [2017-01-09 18:08:59] StanTheMan : eth market cap too high [2017-01-09 18:09:13] zanza : QuantFocus: BTC has to absord it, you can only trade BTC for fiat [2017-01-09 18:09:18] QuantFocus : i found a $20 in my pocket the other day. I was pretty happy [2017-01-09 18:09:27] StanTheMan : ltc has to do a 5x to match ETH market cap [2017-01-09 18:09:35] QuantFocus : zanza: that's definitely not true [2017-01-09 18:09:40] QuantFocus : there are fiat to eth/ltc exchanges [2017-01-09 18:09:44] rapidtrades : LTC looks dead [2017-01-09 18:09:46] rapidtrades : buy ZEC [2017-01-09 18:09:50] zanza : coinbase only [2017-01-09 18:09:56] QuantFocus : for now... [2017-01-09 18:10:08] QuantFocus : if the demand is there, they can flip the switch [2017-01-09 18:10:16] QuantFocus : like i said, mostly posturing. [2017-01-09 18:10:32] QuantFocus : just something to keep on your radar [2017-01-09 18:11:36] QuantFocus : and finally, i think the negative news cycle is coming to an end on ETH [2017-01-09 18:11:59] QuantFocus : drove the price down enough for accumulation to occur again. will be interesting to see what they do this year [2017-01-09 18:12:03] arbitrage101 : QuantFocus: dont see any smart contract coin coming out [2017-01-09 18:13:41] StanTheMan : i'm waiting for FCT to pump. 25 million market cap now. a lot of room to grow [2017-01-09 18:14:06] QuantFocus : i don't own any yet, but i was planning on allocating a bit there [2017-01-09 18:14:07] QuantFocus : strong team [2017-01-09 18:14:16] QuantFocus : StanTheMan: [2017-01-09 18:15:09] StanTheMan : for sure [2017-01-09 18:15:50] QuantFocus : it's a technology layer for btc, right? [2017-01-09 18:15:54] QuantFocus : i read a little about it but forget now [2017-01-09 18:18:06] StanTheMan : yeah [2017-01-09 18:18:26] StanTheMan : taking a while to develop [2017-01-09 18:18:38] StanTheMan : if they had a team of a bunch of people working full time it'd go quicker [2017-01-09 18:19:01] REKT : Liquidated long on `XMR7D`: sell 1 @ 0.014357 [2017-01-09 18:19:02] REKT : Liquidated long on `XMR7D`: sell 67 @ 0.014376 [2017-01-09 18:19:04] StanTheMan : that's why i wonder if there are any secret projects being working on that'll come out this year [2017-01-09 18:19:11] QuantFocus : as i recall they've raised substantial outside VC... [2017-01-09 18:19:13] StanTheMan : xmr dumping [2017-01-09 18:19:16] REKT : Liquidated long on `XMR7D`: sell 2 @ 0.014281 [2017-01-09 18:19:16] REKT : Liquidated long on `XMR7D`: sell 100 @ 0.014259 [2017-01-09 18:21:48] StanTheMan : xmr took a big dump [2017-01-09 18:27:22] QuantFocus : don't know if you guys saw this: http://www.coindesk.com/11-trillion-bet-dtcc-clear-derivatives-blockchain-tech/ [2017-01-09 18:28:37] QuantFocus : doesn't directly benefit btc, but blockchain adoption is positive imo [2017-01-09 18:28:56] StanTheMan : there we go. xbth17 has more contracts open than swap [2017-01-09 18:35:38] StanTheMan : i thought there was suppose to be some big announcement for ETH today [2017-01-09 18:36:32] StanTheMan : nice xmr bounce off that dump [2017-01-09 18:36:51] StanTheMan : was hoping to get filled but never did :( [2017-01-09 18:40:58] rapidtrades : QuantFocus: omg blockchain adoption...let's all buy bicorns! [2017-01-09 18:41:33] StanTheMan : btc new low [2017-01-09 18:42:34] QuantFocus : rapidtrades: you're just mad cause you're short [2017-01-09 18:43:51] Dynamix : not really [2017-01-09 18:44:02] StanTheMan : damn xmr should have fomo in on that dump [2017-01-09 18:44:29] StanTheMan : up 6% [2017-01-09 18:44:50] StanTheMan : big ltc/btc buy on btce [2017-01-09 18:45:14] StanTheMan : is the ltc pump to 88.88 cny starting [2017-01-09 18:45:27] arbitrage101 : i think btc will have another big pump before chinese new year [2017-01-09 18:46:25] MikeHunt : this thing looks like it's going back to 850 or less [2017-01-09 18:46:38] sleger : probably 400 right ? [2017-01-09 18:46:40] arbitrage101 : MikeHunt: look can be deceiving [2017-01-09 18:47:06] MikeHunt : arbitrage101: yeh i know, usd/cnh suggests this thing should go up like a rocket [2017-01-09 18:47:28] StanTheMan : we'll know in 9 hours if this pumps or dumps [2017-01-09 18:47:40] StanTheMan : within 9 hours [2017-01-09 18:48:30] mariomarco : StanTheMan: why 9 hours [2017-01-09 18:49:10] king.rex : anyone connecting to api on win10, suggestions? [2017-01-09 18:49:14] StanTheMan : i drew some lines on the bitfinex chart and that's when they cross [2017-01-09 18:50:16] MikeHunt : it seems its already crossed to me [2017-01-09 18:50:54] StanTheMan : yeah [2017-01-09 18:51:44] MikeHunt : http://i.imgur.com/7mwmvjn.png [2017-01-09 18:51:50] MikeHunt : anyone else agree? [2017-01-09 18:52:26] mariomarco : MikeHunt: sadly i think you are right mikey [2017-01-09 18:52:31] QuantFocus : maybe you should move your line lower [2017-01-09 18:52:39] QuantFocus : then it won't dump [2017-01-09 18:52:47] MikeHunt : QuantFocus: lol [2017-01-09 18:54:35] StanTheMan : waiting for the elevator to go down [2017-01-09 18:54:39] StanTheMan : taking the steps down is so boring [2017-01-09 18:54:58] rapidtrades : gayasss dump [2017-01-09 18:55:04] rapidtrades : move it crsh [2017-01-09 18:55:18] StanTheMan : i dont always short the bottom. but when i do, i get rekt [2017-01-09 18:55:25] moo : huge scam :/ 500$ max price for btc i am afraid [2017-01-09 18:55:59] MikeHunt : this is where i think its going [2017-01-09 18:56:00] MikeHunt : http://i.imgur.com/yMFaRPR.png [2017-01-09 18:56:03] MikeHunt : i hope im wrong [2017-01-09 18:56:13] moo : you are not wrong [2017-01-09 18:56:20] moo : btc will come back to pre-china price [2017-01-09 18:56:24] moo : 400$ or so [2017-01-09 18:57:03] KyllingLolsson : Buy more cheap coins then! [2017-01-09 18:57:46] MikeHunt : what i dont get is usd/cnh is going up, china still buying btc but its still going down unless whales/prc are trying to crash it [2017-01-09 18:59:41] KyllingLolsson : MikeHunt: you a pro trader? [2017-01-09 19:00:16] MikeHunt : KyllingLolsson: im not going to say pro until im minted lol [2017-01-09 19:00:42] sleger : well you did predict either 400$ or 80k so you must have some good knowledge to make such bold prediction [2017-01-09 19:01:20] MikeHunt : sleger: parabollic curve suggested max height ~80k of last bubble [2017-01-09 19:01:28] MikeHunt : $400 is ~ mean if this is gox style collapse [2017-01-09 19:01:41] StanTheMan : i was told btc going to $16,000 [2017-01-09 19:01:48] sleger : we just failed slightly short of 80k [2017-01-09 19:01:55] KyllingLolsson : MikeHunt: i just assume, you say a lot of good stuff ;) [2017-01-09 19:02:11] StanTheMan : MikeHunt has 2 weeks under his belt [2017-01-09 19:02:17] MikeHunt : sleger: we got stone walled at 8888 on okc, other exchanges got DDOS-ed [2017-01-09 19:02:20] StanTheMan : beginners luck [2017-01-09 19:02:21] sleger : KyllingLolsson: good stuff is 400$ or the 80k ? [2017-01-09 19:02:28] MikeHunt : StanTheMan: 2 weeks on bitmex [2017-01-09 19:03:27] sleger : and 3 weeks on finex [2017-01-09 19:03:49] KyllingLolsson : He doesnt fuck around with calls/charts, what i know... Many here are Gamblers [2017-01-09 19:04:04] MikeHunt : sleger: never used finex, have an account but the hack scared me away [2017-01-09 19:04:25] StanTheMan : isn't this suspicious https://cryptowat.ch/okcoin/ltccny/2h [2017-01-09 19:04:35] StanTheMan : https://cryptowat.ch/0kcoin/ltccny/2h [2017-01-09 19:04:40] StanTheMan : change the 0 to o [2017-01-09 19:04:48] StanTheMan : the 2 hour chart is insanely sideways [2017-01-09 19:07:30] StanTheMan : i used finex a few times. almost used gox but thankfully never did [2017-01-09 19:07:51] sleger : so at best you have 6 months of trading belt @MikeHunt [2017-01-09 19:08:17] StanTheMan : i thought gox was going to add ltc and i was going to trade LTC there thinking the price would be way higher because the btc price was way higher [2017-01-09 19:08:35] MikeHunt : sleger: i was around for 2013 bubble so 3-4 years [2017-01-09 19:08:57] StanTheMan : i used btce back when LTC was worth pennies [2017-01-09 19:08:58] sleger : MikeHunt: so finex hack of aug 2016 scared you away back in 2013, 2014, 2015 ? [2017-01-09 19:09:01] StanTheMan : those were fun times [2017-01-09 19:09:02] QuantFocus : MikeHunt: so your absolute prediction about 80k got "stone walled" by a botnet, but you're confident that your $400 prediction can't be manipulated, right? [2017-01-09 19:09:14] MikeHunt : sleger: it scared me away from finex, stuck with stamp/btce [2017-01-09 19:09:29] StanTheMan : stamp got hacked. btce randomly goes down [2017-01-09 19:09:51] sleger : wow he predicted finex hack years before it happened ! [2017-01-09 19:09:54] MikeHunt : QuantFocus: it seems some people here just want me to be wrong, they arent actually interested in whether it could have gone to 80k or could go down to 400$ [2017-01-09 19:10:07] QuantFocus : i don't think people want you to be wrong [2017-01-09 19:10:12] QuantFocus : they just think you're talking out of your ass [2017-01-09 19:10:48] QuantFocus : my bold prediction for 2017: btc will either be $1 or $1,000,000, or somewhere in between [2017-01-09 19:11:06] sleger : when you make predictions like AAPL stock will go either to 30 or to 3000 people tend to think you're a fool [2017-01-09 19:12:04] MikeHunt : also i did say it might go there [2017-01-09 19:12:06] MikeHunt : not it "will" [2017-01-09 19:12:24] QuantFocus : well you were off by an order of magnitude [2017-01-09 19:12:28] sleger : replace will by might [2017-01-09 19:12:34] REKT : Liquidated long on `ETH7D`: sell 100 @ 0.011710 [2017-01-09 19:12:34] sleger : i think it still works, what i said [2017-01-09 19:14:05] MikeHunt : QuantFocus: EMA before china money suggests $400 is a possibility [2017-01-09 19:14:41] sleger : 4$ is a possibility [2017-01-09 19:14:43] QuantFocus : sure, anything is a possibility, but with what degree of confidence do you say that? [2017-01-09 19:14:50] ayy_lmao : @MikeHunt: people get put off by the extremes [2017-01-09 19:15:00] sleger : and why stop at 80k, isn't 8 million almost as likely [2017-01-09 19:15:25] MikeHunt : ayy_lmao: yep :/ [2017-01-09 19:15:38] sleger : I predict that in 2050 bitcoin will be <10$ or >$2000, with a 33% profitability [2017-01-09 19:16:25] uiop_ : or ecdsa will have been broken by quantum computers by then [2017-01-09 19:16:28] sleger : sorry 66% confidence [2017-01-09 19:16:29] uiop_ : and bitcoin will be at $0 [2017-01-09 19:16:36] sleger : uiop_: protocol can be changed [2017-01-09 19:16:53] uiop_ : sleger: oh? that's good to know [2017-01-09 19:17:02] QuantFocus : hardfork bitcoin! [2017-01-09 19:17:22] sleger : worked for eth [2017-01-09 19:17:34] uiop_ : sleger: but if it was changed in response to a break, the blockchain would be totally pwnd though, no? [2017-01-09 19:17:47] uiop_ : so you'd have to roll back to a time in the past with a hardfork? [2017-01-09 19:17:52] uiop_ : what time would that be? [2017-01-09 19:17:54] uiop_ : ..etc [2017-01-09 19:17:54] QuantFocus : depends on whether or not DARPA wants to pwn btc [2017-01-09 19:18:35] uiop_ : anyways we're going on a reality tangent [2017-01-09 19:18:37] uiop_ : :) [2017-01-09 19:18:47] QuantFocus : if the US govt bought all the bitcoins, they could wipe out their national debt [2017-01-09 19:18:56] StanTheMan : someone trying to change the BTC direction to up [2017-01-09 19:19:02] uiop_ : what does that even mean [2017-01-09 19:19:03] sleger : We just reached peak [2017-01-09 19:19:05] sleger : stupidity [2017-01-09 19:19:14] uiop_ : QuantFocus: wipe out debt? [2017-01-09 19:19:24] QuantFocus : ya totally [2017-01-09 19:19:58] sleger : QuantFocus: he doesnt knwo what you mean [2017-01-09 19:20:05] uiop_ : why do they need to wipe it out, they can just keep borrowing to pay back previous debt, and do this for infinity time [2017-01-09 19:20:16] uiop_ : infinite debt, no problemo [2017-01-09 19:20:21] uiop_ : at t=infinity [2017-01-09 19:20:45] QuantFocus : not really [2017-01-09 19:20:54] QuantFocus : borrowing costs are at historical lows [2017-01-09 19:21:13] QuantFocus : refinancing is possible until people start to demand a higher return of some sort [2017-01-09 19:21:32] QuantFocus : part of the reason the stock market has increased so dramatically...people are searching for return [2017-01-09 19:21:38] QuantFocus : so they can actually stay in retirement [2017-01-09 19:21:49] QuantFocus : .10% on fixed income doesn't cut it [2017-01-09 19:22:10] QuantFocus : if you need to refi trillions of dollars at 8% instead of 0%, you're fucked [2017-01-09 19:22:33] uiop_ : just sell 20x MOAR BONDS [2017-01-09 19:22:37] uiop_ : 20x MOAR MONEY! [2017-01-09 19:22:44] uiop_ : then sell 40x MOAR BONDS NEXT TIME [2017-01-09 19:22:50] uiop_ : 80x [2017-01-09 19:22:54] uiop_ : 160x [2017-01-09 19:22:55] uiop_ : etc [2017-01-09 19:22:57] uiop_ : ez [2017-01-09 19:22:57] QuantFocus : ah sure, that'll work into perpetuity [2017-01-09 19:23:02] QuantFocus : nobody will be the wiser [2017-01-09 19:23:03] uiop_ : ;) [2017-01-09 19:23:28] MikeHunt : dollar is going to collapse [2017-01-09 19:23:33] QuantFocus : i'm being facetious about the "govt buy on the bitcoins" thing, but their debt is real problem [2017-01-09 19:24:08] sleger : uiop_: when interest payment on debt becomes too large people dont lend you money anymore [2017-01-09 19:24:41] sleger : MikeHunt: why $ collapse ? [2017-01-09 19:26:36] piegunn : What's the advantage to trading XBC over XBT? [2017-01-09 19:27:09] uiop_ : sleger: i'm using hyperbole to play devils advocate here [2017-01-09 19:27:34] yoloshi : http://www.vidarholen.net/~vidar/rage/23788/1483990010.html [2017-01-09 19:27:49] QuantFocus : yoloshi: link looks sketchy [2017-01-09 19:27:49] piegunn : Someone suggested that the Kaiko index used for XBT isn't reliable [2017-01-09 19:29:04] StanTheMan : piegunn: you get to trade in the 6000 range instead of the 800 or 900 range [2017-01-09 19:29:42] StanTheMan : piegunn: well it is just 0kcoin USD and bitstamp 50/50 [2017-01-09 19:29:42] yoloshi : QuantFocus: open in ff with javascript disabled then [2017-01-09 19:29:51] StanTheMan : so if 1 tanks it can bring the price down and margin call you [2017-01-09 19:30:32] piegunn : @StanTheMan - It seems to change: http://bitmex.kaiko.com/ [2017-01-09 19:31:00] MikeHunt : sleger: i think it will loose its world reserve status and that will send a ripple effect back home [2017-01-09 19:31:06] StanTheMan : yeah if bitstamp randomly dumps the price lowers [2017-01-09 19:31:11] StanTheMan : if 0kcoin usd dumps it lowers [2017-01-09 19:31:21] StanTheMan : LTC trying to pump. [2017-01-09 19:31:23] sleger : MikeHunt: because that's what zerohedge is saying ? [2017-01-09 19:31:53] yoloshi : http://imgur.com/a/YZ6ed