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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[2017-01-12 02:12:21] REKT : Liquidated short on `XBTUSD`: buy 1400 @ 759.03
[2017-01-12 02:12:21] REKT : Close your longs, close your shorts, choppy waters ahead!
[2017-01-12 02:12:26] REKT : Liquidated short on `XBTUSD`: buy 9000 @ 760.48
[2017-01-12 02:12:33] Rado : It's been fun day trading today
[2017-01-12 02:12:40] brojo : yes it is ive done well
[2017-01-12 02:12:44] brojo : almost a triple up
[2017-01-12 02:12:59] brojo : on 2 btc into 5.2 so far
[2017-01-12 02:13:04] thedoc : nice
[2017-01-12 02:13:08] thedoc : long it all and enjoy the ride
[2017-01-12 02:13:09] brojo : but the btc is worht alot less..
[2017-01-12 02:13:26] brojo : i only trade 5-15% of my total portfolio of cyrpto
[2017-01-12 02:13:41] brojo : other 70% in btc and 15% in alts
[2017-01-12 02:13:53] brojo : try to use days like today to add more coins to the bag
[2017-01-12 02:14:06] Rado : brojo: 100% in BTC here
[2017-01-12 02:14:07] brojo : very good day for swing trading
[2017-01-12 02:14:09] premium_freak : brojo: I feel your pain
[2017-01-12 02:14:18] Rado : i will either retire very rich or very poor
[2017-01-12 02:14:24] brojo : same
[2017-01-12 02:14:26] brojo : in like 3 weeks
[2017-01-12 02:14:27] brojo : lol
[2017-01-12 02:14:45] Rado : in 20 years for me
[2017-01-12 02:14:59] Rado : neef to have 1000 BTC by retirement
[2017-01-12 02:15:07] brojo : i am kidding about 3 weeks but the way ive been playing it lately i could retire in 3 weeks or be poor in 3 weeks
[2017-01-12 02:15:22] Rado : brojo: lol
[2017-01-12 02:15:22] brojo : need more than that
[2017-01-12 02:15:30] brojo : i trade stocks alot
[2017-01-12 02:15:34] brojo : am a stock broker
[2017-01-12 02:15:40] brojo : and dabble in here when the markets are going crazy
[2017-01-12 02:15:42] Rado : nit if BTC is 100k in 20 years
[2017-01-12 02:15:43] brojo : try to use TA
[2017-01-12 02:15:55] brojo : well if btc is 100k in 20 yeras ill be a billionaire
[2017-01-12 02:16:00] ayy_lmao : bitcoin is great fun
[2017-01-12 02:16:11] Rado : ayy_lmao: the best
[2017-01-12 02:16:24] sleger : brojo: you own more than 10,000 bitcoins ?
[2017-01-12 02:16:30] XBT_IHCT : I'm losing my sanity, this is just killing me
[2017-01-12 02:16:38] brojo : no but if i leverage the way up and dont get rekt ill have that many soon
[2017-01-12 02:16:41] sleger : or you just suck at math like all stock brokers ?
[2017-01-12 02:16:42] MikeHunt : 5k really is the last one, switch to 3d chart and run a line under the 3 major pumps
[2017-01-12 02:17:02] brojo : i went like 2 weeks of no sleep just trading
[2017-01-12 02:17:05] brojo : finally slept the past few days
[2017-01-12 02:17:11] brojo : and have clear head trading is alot easier
[2017-01-12 02:17:20] brojo : on 1 hour chart instead of 15 mins
[2017-01-12 02:18:36] arbitrage101 : price index is becoming irrelevant
[2017-01-12 02:18:48] brojo : yes how often do they change the index
[2017-01-12 02:19:07] arbitrage101 : not sure,
[2017-01-12 02:19:08] brojo : with okcoin holding it down on the USD
[2017-01-12 02:19:17] thedoc : hoping for a pump. been hoping for one for a while now though. maybe this pump i make it all back
[2017-01-12 02:19:19] brojo : it seems like a nice long term
[2017-01-12 02:19:29] Rado : MikeHunt: BTC doesn't care about your lines
[2017-01-12 02:19:37] MikeHunt : Rado: we'll see
[2017-01-12 02:19:44] MikeHunt : miners will suffer if it drops
[2017-01-12 02:20:52] Rado : BTC adoption train can not be stopped
[2017-01-12 02:20:58] Rado : momentum is huge
[2017-01-12 02:21:24] Rado : 100s of applications are build every day in top of the network
[2017-01-12 02:22:05] premium_freak : this is a staring contest... come on, rip up already
[2017-01-12 02:23:16] Rado : *on
[2017-01-12 02:23:21] XBT_IHCT : premium_freak: you really in a position to push the market around man?
[2017-01-12 02:23:39] premium_freak : XBT_IHCT: not really, I only have a few hundred K left :(
[2017-01-12 02:23:52] premium_freak : I'm almost all in now
[2017-01-12 02:23:58] Rado : j8: how is it going for you?
[2017-01-12 02:24:33] j8 : could be worse
[2017-01-12 02:24:49] sleger : j8: waiting for things to come back to normal :p ?
[2017-01-12 02:25:02] j8 : trying to figure out what normal is
[2017-01-12 02:25:02] sleger : the wings need to spread
[2017-01-12 02:25:18] sleger : the chinese need to go ahead
[2017-01-12 02:25:25] Rado : I was thinking of you when the premium was 159 on H17
[2017-01-12 02:25:27] Rado : 150
[2017-01-12 02:25:34] XBT_IHCT : premium_freak: I've been all in since the bloody top!
[2017-01-12 02:25:40] Rado : I contract led swear you are short the premium
[2017-01-12 02:25:55] MikeHunt : XBT_IHCT: how are you still alive?
[2017-01-12 02:25:56] Rado : damn phones
[2017-01-12 02:26:14] Rado : *I could swear
[2017-01-12 02:26:18] premium_freak : XBT_IHCT: I have a very strict regime for myself - I force myself to never buy on the way up, only sell
[2017-01-12 02:26:27] j8 : yeah i closed long on quarterlies / china at a good time
[2017-01-12 02:26:43] brojo : where do you guys watch the order books and see the depth --- bitcoinwisdom?
[2017-01-12 02:26:58] MikeHunt : brojo: and bitcoinity
[2017-01-12 02:26:58] premium_freak : brojo tradeblock has a decent order book viewer with grouping support
[2017-01-12 02:27:11] j8 : bought the dip a bit early, could have gone a lot better but whatever
[2017-01-12 02:27:20] MikeHunt : bitcoinwisdom/here for TA and bitcoinity as like a sell/buy wall radar and bfxdata for sentiment as well
[2017-01-12 02:27:27] Rado : j8: it's never perfect
[2017-01-12 02:27:31] MikeHunt : j8: dont worry, if this fails, to the floor we go
[2017-01-12 02:27:38] sleger : those ADL also cost a lot
[2017-01-12 02:27:46] premium_freak : it won't fall, anyone who's too scared to hold has already sold
[2017-01-12 02:28:37] Rado : MikeHunt: let me guess your age
[2017-01-12 02:28:43] Rado : 16
[2017-01-12 02:28:50] MikeHunt : Rado: bzzzt wrong
[2017-01-12 02:28:57] sleger : 19
[2017-01-12 02:29:00] Rado : did you steal 1 BTC from your mom?
[2017-01-12 02:29:05] MikeHunt : Rado: ill give you a hint, im old enough to bang yo mom
[2017-01-12 02:29:52] Rado : MikeHunt: she is very old you fuck
[2017-01-12 02:30:16] Rado : nor only yang, but stupid too
[2017-01-12 02:31:02] MikeHunt : Rado: i dont mind crusty
[2017-01-12 02:33:46] brojo : i want to see how much commision ive paid since i ve been trading here ive had ALOT of large orders
[2017-01-12 02:33:58] brojo : when i export csv just showing on page at time i have 8 pages in last week
[2017-01-12 02:34:42] brojo : how do i export them all
[2017-01-12 02:35:11] XBT_IHCT : MikeHunt: mycunt why do you have to me so crass?
[2017-01-12 02:35:11] brojo : actually i have 13 pages :-|
[2017-01-12 02:35:22] brojo : i bet ive paid over 2btc in fees with the large trades ive entered
[2017-01-12 02:35:31] REKT : Liquidated short on `XBCH17`: buy 3 @ 5275.3 :punch: :whale:
[2017-01-12 02:35:56] XBT_IHCT : lol is that a new one? cunt
[2017-01-12 02:38:07] MikeHunt : brojo: doesnt csv give u everything?
[2017-01-12 02:38:10] XBT_IHCT : admittedly, I've never tried to write that in the trollbox before though
[2017-01-12 02:38:23] brojo : no just page 1
[2017-01-12 02:38:25] MikeHunt : XBT_IHCT: he started it ;)
[2017-01-12 02:39:01] MikeHunt : brojo: try select next page then do it
[2017-01-12 02:39:27] MikeHunt : might be worth asking the devs for a save all csv button
[2017-01-12 02:40:22] sleger : I have 100 pages to go to go back only until aug 2016
[2017-01-12 02:41:19] XBT_IHCT : premium_freak: are you usually always correct? and how long have you been trading? I'm just full of fear so your "it won't fall, anyone" could be very reassuring if you were much more experienced than I
[2017-01-12 02:41:47] premium_freak : XBT_IHCT: I've been trading btc for 5 years, but I'm certainly not always right!
[2017-01-12 02:42:02] premium_freak : I've been painfully wrong a number of times
[2017-01-12 02:42:46] XBT_IHCT : well that's 3 more than me... although technically the first year was more gambling rather than trading
[2017-01-12 02:42:54] premium_freak : XBT_IHCT: same here
[2017-01-12 02:43:06] REKT : Liquidated long on `XBTH17`: sell 250 @ 757.75
[2017-01-12 02:43:23] premium_freak : XBT_IHCT: until I realized that I just had to do the opposite - buy when the price goes down, sell when it goes up
[2017-01-12 02:43:55] XBT_IHCT : premium_freak: indeed
[2017-01-12 02:44:07] premium_freak : it just feels a bit odd and uncomfortable at first
[2017-01-12 02:44:24] XBT_IHCT : I could kick myself so hard for not selling the top we had recently!
[2017-01-12 02:44:25] premium_freak : and quite honestly even to this day when I catch knives it feels painful to see my account value drop by the minute :p
[2017-01-12 02:47:35] XBT_IHCT : we hit €1089 on kraken recently and I thought to myself "should I sell here?" and like an idiot pathological bull I thought no it will go higher now we're at this level!!!
[2017-01-12 02:48:05] premium_freak : XBT_IHCT: yeah pretty crazy, it went down faster and more than I thought it would
[2017-01-12 02:48:43] XBT_IHCT : you sold the top though yeah?
[2017-01-12 02:49:28] premium_freak : XBT_IHCT: kind of, I sold as many futures on okc as my account would reasonably allow there
[2017-01-12 02:49:42] premium_freak : but it doesn't cover my cold wallet, so I ended up losing big anyway
[2017-01-12 02:50:04] XBT_IHCT : premium_freak: ooch
[2017-01-12 02:50:32] premium_freak : since then I opened an account here so I have more venues to short futures :p
[2017-01-12 02:51:26] XBT_IHCT : I've lost so much net worth in all these latest drops it's unreal!
[2017-01-12 02:51:40] premium_freak : I try not to think of it
[2017-01-12 02:51:50] XBT_IHCT : Also I failed to even open a good hedge to cover the losses
[2017-01-12 02:51:52] premium_freak : I'm up on my trading accounts, that's what matters
[2017-01-12 02:52:39] XBT_IHCT : good for you man! I'm not at all
[2017-01-12 02:53:07] premium_freak : as a rule of thumb only buy when there's panic.. it really is not that difficult
[2017-01-12 02:53:54] premium_freak : and don't go crazy on the leverage :p
[2017-01-12 02:55:14] XBT_IHCT : my comfort level is below 10
[2017-01-12 02:55:48] XBT_IHCT : but I'm trapped everywhere atm
[2017-01-12 02:56:06] arbitrage101 : premium_freak: is this panic yet?
[2017-01-12 02:56:15] arbitrage101 : or we need to wait below 500?
[2017-01-12 02:56:23] premium_freak : arbitrage101: tbh I don't know... it used to be much easier to tell
[2017-01-12 02:56:33] arbitrage101 : using what indicator?
[2017-01-12 02:56:33] premium_freak : people on the forums are crying..
[2017-01-12 02:56:38] arbitrage101 : i see
[2017-01-12 02:56:44] arbitrage101 : no one cry here i suppose
[2017-01-12 02:57:00] premium_freak : maybe one more drop.. I dunno
[2017-01-12 02:57:20] premium_freak : I'm leaving a little bit of dry powder for the last one if it goes to 700 :p
[2017-01-12 02:57:32] brojo : always have dry powder
[2017-01-12 02:57:36] XBT_IHCT : here I don't have enough liquidity to "buy the dip" and get myself out of these longs
[2017-01-12 02:57:44] arbitrage101 : 700 is less than 10% away
[2017-01-12 02:57:50] arbitrage101 : like 8%
[2017-01-12 02:57:51] brojo : or have in a dif coin contract that is low spread and liquid
[2017-01-12 02:57:58] brojo : so u can make moves and arent zeroed out
[2017-01-12 02:58:01] arbitrage101 : not that much drop in cryptoland
[2017-01-12 02:58:09] MikeHunt : https://www.youtube.com/watch?v=Y1hveW7qyNc
[2017-01-12 02:58:24] MikeHunt : arbitrage101: it breaks the bull trendline
[2017-01-12 02:59:11] arbitrage101 : MikeHunt: do you know the name of the movie?
[2017-01-12 02:59:18] arbitrage101 : been trying to find out for a while
[2017-01-12 02:59:23] MikeHunt : arbitrage101: Der Untergang (The Downfall)
[2017-01-12 02:59:34] premium_freak : it's a good movie
[2017-01-12 02:59:37] arbitrage101 : MikeHunt: ok thank you
[2017-01-12 03:16:16] XBT_IHCT : sleger: are you there?
[2017-01-12 03:16:34] sleger : maybe
[2017-01-12 03:16:45] XBT_IHCT : lol
[2017-01-12 03:17:23] XBT_IHCT : how often are you incorrect with your predictions?
[2017-01-12 03:18:11] sleger : i dont make many directional price predictions
[2017-01-12 03:18:23] sleger : and i dont have stats on that
[2017-01-12 03:19:00] XBT_IHCT : interesting
[2017-01-12 03:19:51] XBT_IHCT : what do you do instead then man?
[2017-01-12 03:21:01] XBT_IHCT : arb, hedge... or?
[2017-01-12 03:21:25] sleger : spreads, arbs...
[2017-01-12 03:21:52] sleger : buy eth
[2017-01-12 03:22:47] XBT_IHCT : I see
[2017-01-12 03:23:02] XBT_IHCT : do you use bots?
[2017-01-12 03:23:08] sleger : yes
[2017-01-12 03:23:27] XBT_IHCT : custom
[2017-01-12 03:24:03] XBT_IHCT : are you a coder?
[2017-01-12 03:24:14] sleger : I can code
[2017-01-12 03:24:48] XBT_IHCT : nice
[2017-01-12 03:25:48] Rado2 : https://www.tradingview.com/chart/XBTUSD/EqKAdREx-Another-test-of-800-coming/
[2017-01-12 03:26:47] XBT_IHCT : I think I'm going to give up discretionary trading myself, but I'm not a coder...
[2017-01-12 03:27:26] sleger : well maybe bitmex needs a chat admin
[2017-01-12 03:27:34] REKT : Close your longs, close your shorts, choppy waters ahead!
[2017-01-12 03:27:34] REKT : Liquidated short on `XBTH17`: buy 1000 @ 766.04
[2017-01-12 03:27:56] REKT : Liquidated short on `XBTUSD`: buy 10000 @ 759.03
[2017-01-12 03:28:27] BitMEX_Greg : sleger: Whats up
[2017-01-12 03:29:13] sleger : BitMEX_Greg: not much, XBT_IHCT says he is giving up manual trading but he cant code so i was giving him a suggestion of something to do to still be involved in trading
[2017-01-12 03:30:35] BitMEX_Greg : haha oh right, yeah we are good, sorry to disappoint XBT_IHCT
[2017-01-12 03:31:37] sleger : apparently one of the existing admin is too lazy so they are recruiting to replace him
[2017-01-12 03:31:42] sleger : but shhhh, he isnt aware
[2017-01-12 03:32:05] XBT_IHCT : sleger: I only started doing this to try and fund my real work better man. lol
[2017-01-12 03:32:53] Rado2 : "real" work
[2017-01-12 03:33:05] XBT_IHCT : yeah
[2017-01-12 03:33:52] XBT_IHCT : I'm an inventor
[2017-01-12 03:34:57] Dtrade16 : sleger: Can you code me a bot?
[2017-01-12 03:35:17] XBT_IHCT : Rado2: mind you, I think of this as real work too though
[2017-01-12 03:35:40] sleger : Dtrade16: 100btc maybe
[2017-01-12 03:36:06] Dtrade16 : sleger: What?
[2017-01-12 03:36:16] sleger : yes
[2017-01-12 03:36:17] REKT : Liquidated short on `XBTUSD`: buy 149864 @ 759.98 **EPIC REKT** :unamused: :confounded: :astonished:
[2017-01-12 03:36:28] imabeast : pamp it
[2017-01-12 03:36:33] Dtrade16 : sleger: You want 100 btc to code a bot?
[2017-01-12 03:36:40] sleger : at least
[2017-01-12 03:36:54] Dtrade16 : Why so much money?
[2017-01-12 03:37:02] sleger : thats cheap
[2017-01-12 03:37:10] ayy_lmao : lol
[2017-01-12 03:37:16] Dtrade16 : Ok
[2017-01-12 03:37:20] sleger : then hire some random dude online to code a "bot"
[2017-01-12 03:37:45] Dtrade16 : OK thanks for trolling
[2017-01-12 03:38:00] MikeHunt : still gotta work out how to make sample bot work on windows
[2017-01-12 03:38:02] XBT_IHCT : Dtrade16: that is cheap to buy a "guaranteed success" bot
[2017-01-12 03:38:03] MikeHunt : python just crashes
[2017-01-12 03:38:34] Dtrade16 : XBT_IHCT: No it's not
[2017-01-12 03:38:40] dodic : Are you using python 2.7? I had trouble with 3
[2017-01-12 03:38:44] XBT_IHCT : sleger: are you making consistent profit everyday?
[2017-01-12 03:38:53] Dtrade16 : I can rent an arb bot for like $40-50 a month
[2017-01-12 03:39:04] sleger : i suggest you do that then
[2017-01-12 03:39:21] Dtrade16 : 100 BTC was a joke or are you guys being serious?
[2017-01-12 03:39:32] jedisatoshi : time to bounce back
[2017-01-12 03:40:00] Dtrade16 : Why would it be so cheap to rent then as opposed to buy?
[2017-01-12 03:40:03] sleger : Dtrade16: if someone can write a bot that makes 1btc per day for sure everyday like you say, then why rent it for 40$ a month ?
[2017-01-12 03:40:05] XBT_IHCT : jedisatoshi: hey man
[2017-01-12 03:40:13] Rado : back to test $800 one more time
[2017-01-12 03:40:20] jedisatoshi : XBT_IHCT: waaaazzz aaaaahhhhhup
[2017-01-12 03:40:36] XBT_IHCT : jedisatoshi: are you also long?
[2017-01-12 03:40:42] Dtrade16 : sleger: I never said it would make that much
[2017-01-12 03:40:51] sleger : Dtrade16: same question with 0.1btc per day
[2017-01-12 03:41:08] sleger : (same with 0.01 ....)
[2017-01-12 03:41:13] Dtrade16 : sleger: You gotta point, and that's always what I asked
[2017-01-12 03:41:25] Dtrade16 : But apparently it's another stream of cash
[2017-01-12 03:41:26] Dtrade16 : IDK
[2017-01-12 03:41:36] jedisatoshi : yeah man i got out of my long thankfully a few days ago.. had to make the decision made out pretty good.. held on to watch this dip to see how far we were going to go but i think we are close to the bottome
[2017-01-12 03:41:39] jedisatoshi : bottom
[2017-01-12 03:41:41] REKT : Liquidated short on `XBTUSD`: buy 2500 @ 765.88
[2017-01-12 03:42:01] jedisatoshi : think we will see more of these above this post
[2017-01-12 03:42:15] sleger : 10$ premium but -3$ tax incoming
[2017-01-12 03:43:41] XBT_IHCT : I'm still so underwater atm!
[2017-01-12 03:43:52] jedisatoshi : yikes
[2017-01-12 03:44:03] XBT_IHCT : I hate being so underwater
[2017-01-12 03:44:26] arbitrage101 : you have a trading plan?
[2017-01-12 03:44:51] jedisatoshi : yeah its not a good feeling i started longing around 780 but very small doubling ever $20 lol
[2017-01-12 03:44:56] REKT : Liquidated short on `XBTUSD`: buy 757 @ 768.08
[2017-01-12 03:45:10] jedisatoshi : got down to 730 lol
[2017-01-12 03:45:30] jedisatoshi : so im slightly above for now
[2017-01-12 03:46:02] XBT_IHCT : right now I have 3 longs here, with no hedge because well I'm stupid I guess! lol
[2017-01-12 03:47:50] XBT_IHCT : sleger: hey man, how many coins do I need to put into a bot like yours to make 1~4 btc per day?
[2017-01-12 03:47:57] jedisatoshi : well that bounce from the red candle about 3 hours ago looks promising
[2017-01-12 03:48:19] sleger : no more bot answers
[2017-01-12 03:48:35] jedisatoshi : starting to get a little more aggressive now
[2017-01-12 03:48:37] XBT_IHCT : jedisatoshi: yeah but I didn't even have enough liquidity left here to buy the dip this time!
[2017-01-12 03:49:16] jedisatoshi : in times like this when im not sure how low its going to go i like to get my feet wet but i never bet with significance just enough to get in
[2017-01-12 03:49:22] abbey : this is nice. except i don't have anymore coins to long, and my positions are only 1/20 from yesterday since i got rekt so hard. Well baby steps up again with more sense. have to get some sleep now, happy trading fellas and good luck!
[2017-01-12 03:49:54] jedisatoshi : then i wait for a nice quick bounce and some consolidation before i put some weight on
[2017-01-12 03:50:11] Dtrade16 : sleger: I can code
[2017-01-12 03:50:39] XBT_IHCT : sleger: that was not a bot question per se, I was wondering if I could give you some coins lol because I understand that you for good reason want to keep your bot proprietary
[2017-01-12 03:51:30] sleger : i have enough coins for the bot already
[2017-01-12 03:51:37] jedisatoshi : XBT_IHCT: where are you in at my man?
[2017-01-12 03:51:41] ytaews : hmmmm sending ppl money based on trollbox claims that they have a profitable bot, seems like a good ponzi scheme
[2017-01-12 03:51:58] sleger : ytaews: hmmmmm even when those people say no ?
[2017-01-12 03:51:59] jedisatoshi : this the truthbox bro
[2017-01-12 03:52:14] ytaews : i have a bot that gives 10% return every day, who wants to send me their coins???
[2017-01-12 03:52:21] arbitrage101 : i am selling my bot
[2017-01-12 03:52:22] ayy_lmao : lol, they must not know sleger is a whale
[2017-01-12 03:52:30] Dtrade16 : sleger: You said 100 btc lol
[2017-01-12 03:52:32] arbitrage101 : only 1 btc
[2017-01-12 03:52:54] sleger : Dtrade16: that was to code your bot
[2017-01-12 03:52:55] arbitrage101 : cheap bot
[2017-01-12 03:54:38] brojo : 5 mins till the -.3750
[2017-01-12 03:55:33] XBT_IHCT : jedisatoshi: Entry Prices 6124.0 (-1398.72%) 824.07 (-772.96%) 807.96 (-420.34%)
[2017-01-12 03:56:45] jedisatoshi : damn brother
[2017-01-12 03:57:09] arbitrage101 : here come payday
[2017-01-12 03:57:09] ytaews : sleger: sorry wasn't implying you are running a ponzi scheme, just saying a good way to get ripped off
[2017-01-12 03:57:25] jedisatoshi : well if we head lower (which i dont think we will much) maybe deleverage some or even hedge the other way just my 2cents
[2017-01-12 03:57:51] Dtrade16 : sleger: Are most of these bots unprofitable?
[2017-01-12 03:58:18] sleger : idk
[2017-01-12 03:58:43] brojo : i would guess they are --- hard to trade without knowing the environment and media etc
[2017-01-12 03:58:50] mark121 : Did somebody say Robot *clink clink*?
[2017-01-12 03:59:22] ytaews : brojo: wouldn't the ppl running them just stop running them then?
[2017-01-12 03:59:22] Dtrade16 : sleger: Bots on cryptotrader for example
[2017-01-12 03:59:30] Dtrade16 : I heard they are
[2017-01-12 03:59:37] mark121 : I am Zotan, a fully programmable trade bot, my maker is named Dr. Reihnhart
[2017-01-12 04:00:13] arbitrage101 : ytaews: many traders keep losing money, yet they still trade
[2017-01-12 04:00:14] ytaews : Dtrade16: think about it. if they are profitable why is the person who owns them not just making that profit themselves??
[2017-01-12 04:00:22] arbitrage101 : something to ponder
[2017-01-12 04:00:36] Dtrade16 : ytaews: I know
[2017-01-12 04:01:22] ytaews : arbitrage101: I feel like most ppl running MM bots have a better idea of how much money they are making and are more likely to reduce size or stop trading than the average trader
[2017-01-12 04:01:28] ytaews : maybe giving them too much credit though
[2017-01-12 04:01:44] arbitrage101 : doubt MM bot make money everyday consistently
[2017-01-12 04:01:59] ytaews : sure. but long-run
[2017-01-12 04:02:18] arbitrage101 : what do you think is the reasonable return?
[2017-01-12 04:03:03] ytaews : have no idea. depends on which exchanges you're running on, spreads and volume
[2017-01-12 04:03:40] ytaews : lets assume here on bmex spreads probably around $1-2 normally, so lets say around 15-20bps
[2017-01-12 04:04:48] arbitrage101 : dang, price drop is largeter than funding payment
[2017-01-12 04:04:59] ytaews : so with maker fees you probably theoretically end up with about 10bps a trade? if you get 5% of the volume here, say 45m last 24h thats around 2k profit a day
[2017-01-12 04:05:00] arbitrage101 : guess i should have close rather than wait for funding
[2017-01-12 04:05:16] ytaews : you wouldn't do that well in practice because you're gonna get picked off a fair bit of the time
[2017-01-12 04:05:34] arbitrage101 : ytaews: All traders compete with each other
[2017-01-12 04:05:39] arbitrage101 : so is MM bots
[2017-01-12 04:05:55] ytaews : ?
[2017-01-12 04:06:01] brojo : money maker bots?
[2017-01-12 04:06:04] arbitrage101 : trading manually have the edge of having human intellligence
[2017-01-12 04:06:04] brojo : they just buy and sell the spread
[2017-01-12 04:06:17] ytaews : arbitrage101: ah yeh, ppl 4get that
[2017-01-12 04:06:24] Dtrade16 : ytaews: What's a mm bot?
[2017-01-12 04:06:27] ytaews : thats why computers will never replace pit traders
[2017-01-12 04:06:27] arbitrage101 : you assume automatic trading bot gives you an edge
[2017-01-12 04:06:37] ytaews : Dtrade16: market-making
[2017-01-12 04:06:50] XBT_IHCT : ytaews: do you run a bot?
[2017-01-12 04:07:01] ytaews : not here
[2017-01-12 04:07:12] XBT_IHCT : where then?
[2017-01-12 04:07:21] jedisatoshi : bots become predictable which is good for scalping
[2017-01-12 04:07:21] ytaews : other exchanges, rather not say
[2017-01-12 04:07:28] jedisatoshi : manual trader fo life!
[2017-01-12 04:07:28] KingTuna : I have just made 0.04BTC into 0.11 BTC - Soon will be 11 BTC and then 110 BTC - BIG SUCCESS
[2017-01-12 04:08:01] aandy : yeeeeeeeeee
[2017-01-12 04:08:11] jedisatoshi : Thats a bingo!
[2017-01-12 04:08:37] XBT_IHCT : KingTuna: youmust be a 100x gambler then no?
[2017-01-12 04:08:46] Dtrade16 : ytaews: nice
[2017-01-12 04:08:58] KingTuna : XBT_IHCT: No ...max x15
[2017-01-12 04:09:21] XBT_IHCT : KingTuna: well congrats then man!
[2017-01-12 04:09:34] KingTuna : 0.04 tuned into 0.11 with scalping these dips etc last 24 hours lol
[2017-01-12 04:09:58] KingTuna : XBT_IHCT: I would congratulate myself if I hadn't lost my ass on the big crash from 1100 lol
[2017-01-12 04:10:34] XBT_IHCT : KingTuna: oh you too then
[2017-01-12 04:10:57] XBT_IHCT : were you holding onto your coins rather than selling the top?
[2017-01-12 04:11:03] XBT_IHCT : I did that!
[2017-01-12 04:11:17] XBT_IHCT : with no hedge either!!
[2017-01-12 04:11:33] KingTuna : XBT_IHCT: Yup... I had made so much as well, got greedy
[2017-01-12 04:11:42] KingTuna : Should of sold bits on the way up
[2017-01-12 04:11:53] KingTuna : And forgot to put a stop
[2017-01-12 04:12:00] KingTuna : rookie errors
[2017-01-12 04:12:11] XBT_IHCT : I never use stops
[2017-01-12 04:12:56] KingTuna : One never knows exactly when the top is...*sigh*
[2017-01-12 04:13:23] jedisatoshi : XBT_IHCT: me either!
[2017-01-12 04:13:43] brojo : what do you think odds are that we see 25% further down in the price of btc through the weekend?
[2017-01-12 04:13:47] Dtrade16 : KingTuna: You use stops?
[2017-01-12 04:13:56] XBT_IHCT : it's philosophical, but I think it is better to stand behind your position with what you've got.
[2017-01-12 04:14:06] KingTuna : Dtrade16: nope... but clearly should
[2017-01-12 04:14:14] brojo : i am going to vegas and I think we've found some sort of bottom kind of just want to do 2-3x long and not look for 3-4 days like crazy
[2017-01-12 04:14:21] Dtrade16 : KingTuna: I lost my ass using stops
[2017-01-12 04:14:28] brojo : have to use stop limits
[2017-01-12 04:14:35] brojo : and trailing stops on winners
[2017-01-12 04:15:07] XBT_IHCT : rather than fight loss aversion with automation
[2017-01-12 04:15:18] Dtrade16 : brojo: Don't they get hit though?
[2017-01-12 04:15:41] Dtrade16 : brojo: How far down do you set your stop?
[2017-01-12 04:15:46] Dtrade16 : 1-2 %?
[2017-01-12 04:22:40] arezki : New on bitcoin ??
[2017-01-12 04:23:03] arezki : Lowered or increased,?
[2017-01-12 04:28:38] MikeHunt : brojo: if we hit 820 then maybe ya can
[2017-01-12 04:30:25] arezki : It will not go down to $ 400 per 1btc !!
[2017-01-12 04:31:01] REKT : Liquidated long on `XBTH17`: sell 17298 @ 767.66
[2017-01-12 04:31:47] Dtrade16 : Can I run a business name by you guys and you tell me if you like it or not?
[2017-01-12 04:31:57] Dtrade16 : It's for a dollar store business
[2017-01-12 04:32:45] sludge : Go for it
[2017-01-12 04:34:00] jedisatoshi : if its a bitcoin dollar store call it tid bits lol
[2017-01-12 04:38:13] MikeHunt : BitDolla
[2017-01-12 04:38:40] Dtrade16 : Dollar Goose
[2017-01-12 04:38:42] Dtrade16 : :D
[2017-01-12 04:39:01] Dtrade16 : jedisatoshi: lol
[2017-01-12 04:39:08] Dtrade16 : MikeHunt: I like it
[2017-01-12 04:40:04] Dtrade16 : I was trying to get Dollar Panda but the domain name wasn't available
[2017-01-12 04:41:20] Dtrade16 : Give me your honest opinion guys - if you like or don't like I won't get upset and cry
[2017-01-12 04:41:40] sludge : Itty Bitty
[2017-01-12 04:41:59] sludge : I don't get it. Dollar Goose?
[2017-01-12 04:42:45] Dtrade16 : Well I'm in Canada and the nation bird is the Goose
[2017-01-12 04:43:00] Dtrade16 : That's why Goose
[2017-01-12 04:43:40] Dtrade16 : national
[2017-01-12 04:45:28] XBT_IHCT : anyone think we're going to get a big pump in the next 15~20 mins?
[2017-01-12 04:52:14] jonny : the 3month future is no more quadratic is it?
[2017-01-12 05:00:03] BitMEX_Wally : jonny: Correct, it is inverse
[2017-01-12 05:02:01] jonny : wonder what the historic quadratic one would have been traded at last week
[2017-01-12 05:02:01] REKT : Liquidated long on `XBTH17`: sell 4840 @ 758.49
[2017-01-12 05:04:50] jonny : hello XBTU16 my old friend, i've come to talk to you again
[2017-01-12 05:27:39] Derreck : pump incoming?
[2017-01-12 05:32:15] jedisatoshi : why is the mark price so low all the exchanges are above 760?
[2017-01-12 05:32:41] micmix : jedisatoshi: okc usd is @751
[2017-01-12 05:32:49] jedisatoshi : oooohhhh
[2017-01-12 05:33:22] jonny : bitstamp is more important than okc oin
[2017-01-12 05:33:53] micmix : index is 50% bitstamp 50% okc usd
[2017-01-12 05:34:05] jedisatoshi : jonny: yeah!
[2017-01-12 05:34:38] micmix : bitmex is way more important than bitstamp ;-)
[2017-01-12 05:35:15] XBT_IHCT : wow I didn't realise china was at a discount now!
[2017-01-12 05:36:26] jonny : manipulators want cash now
[2017-01-12 05:36:43] jonny : ?
[2017-01-12 05:36:44] MikeHunt : PBOC is investigating the exchanges
[2017-01-12 05:36:45] micmix : down, down, always down
[2017-01-12 05:36:48] MikeHunt : wouldnt go too long jsut yet
[2017-01-12 05:37:52] jonny : 17 hours ago $720, was bitmex moody, or was bitstamp to slow?
[2017-01-12 05:38:14] jonny : *too
[2017-01-12 05:39:55] XBT_IHCT : micmix: I hope you're trolling man
[2017-01-12 05:41:55] XBT_IHCT : micmix: ?
[2017-01-12 05:43:09] MikeHunt : XBT_IHCT: are you still stuck up high on leverage?
[2017-01-12 05:43:50] XBT_IHCT : MikeHunt: I don't do high leverage
[2017-01-12 05:44:58] MikeHunt : XBT_IHCT: just stuck high then?
[2017-01-12 05:45:31] MikeHunt : iirc contracts even at 1x have a liq on buys
[2017-01-12 05:46:27] XBT_IHCT : MikeHunt: yeah
[2017-01-12 05:46:57] MikeHunt : XBT_IHCT: im not sure there is much benefit to keeping it if its on 1x
[2017-01-12 05:49:35] jonny : iirc=?
[2017-01-12 05:50:22] jonny : actually, is there any trading service or exchange rewarding every marketmaker, like bitmex does?
[2017-01-12 05:50:50] MikeHunt : jonny: if i recall corectly
[2017-01-12 05:51:04] MikeHunt : jonny: kraken?
[2017-01-12 05:51:43] XBT_IHCT : MikeHunt: no Kraken does not
[2017-01-12 05:52:49] micmix : jonny: gemini has maker rebate if you do enough volume
[2017-01-12 05:53:15] XBT_IHCT : micmix: do you trade there?
[2017-01-12 05:54:43] micmix : XBT_IHCT: a little
[2017-01-12 06:00:09] nOgAnOo : yo
[2017-01-12 06:00:18] nOgAnOo : lost the last of my money yesterday
[2017-01-12 06:00:21] nOgAnOo : 160 dollars
[2017-01-12 06:00:26] nOgAnOo : down 500 this week now
[2017-01-12 06:00:30] nOgAnOo : wish I never would have came here
[2017-01-12 06:00:57] nOgAnOo : then I gotta listen to everyones generic bullshit after i got rekt like "we told you so"
[2017-01-12 06:01:10] nOgAnOo : and "too high of leverage"
[2017-01-12 06:01:22] nOgAnOo : when they have no idea what happened
[2017-01-12 06:01:31] REKT : Liquidated long on `XBTUSD`: sell 5 @ 750.92
[2017-01-12 06:01:52] nOgAnOo : and a big thanks to XBT_IHCT
[2017-01-12 06:02:01] nOgAnOo : for inviting me here and then ignoring my skype calls for a week
[2017-01-12 06:02:11] nOgAnOo : while I repeatedly got rekt
[2017-01-12 06:02:30] johndoe : lol stop whining
[2017-01-12 06:02:33] johndoe : your an adult
[2017-01-12 06:02:37] johndoe : i think
[2017-01-12 06:02:39] nOgAnOo : yes
[2017-01-12 06:02:41] micmix : nOgAnOo: it was a bad week, you should have come here couple month earlier
[2017-01-12 06:02:42] nOgAnOo : and you are an atheist
[2017-01-12 06:03:03] nOgAnOo : you realize that "stop whining" is actually whining right little punk?
[2017-01-12 06:03:06] XBT_IHCT : nOgAnOo: you're not even on line man
[2017-01-12 06:03:12] micmix : nOgAnOo: hard to make money in this market
[2017-01-12 06:03:23] micmix : for a new trader
[2017-01-12 06:04:01] johndoe : leverage is by far the number one enemy of new traders here. if people simply avoided leverage, things would go so much more smoothly. But people want to gamble, not invest.
[2017-01-12 06:04:29] nOgAnOo : generic mumbo jumbo fuckin nonsense
[2017-01-12 06:04:32] nOgAnOo : keep talking bitch
[2017-01-12 06:04:53] XBT_IHCT : nOgAnOo: and you don't listen to me anyway
[2017-01-12 06:05:22] nOgAnOo : you longed before the huge dump
[2017-01-12 06:05:27] nOgAnOo : and didn't take profit at 1300
[2017-01-12 06:05:35] jedisatoshi : nOgAnOo: wow man.. if its too hot in the kitchen stay the hell out.. you just paid tuition for learning how to trade.
[2017-01-12 06:05:39] nOgAnOo : I called both the peak and the dump nearly to the dollar
[2017-01-12 06:06:09] XBT_IHCT : nOgAnOo: then why aren't you in massive profit?
[2017-01-12 06:06:11] johndoe : talk is cheap.
[2017-01-12 06:06:11] jedisatoshi : nOgAnOo: you cant blame anyone in here for your loss dude. you make your own choices
[2017-01-12 06:06:38] nOgAnOo : XBT, you remember when you invited me here
[2017-01-12 06:06:46] nOgAnOo : and said you would teach me how to use the platform
[2017-01-12 06:06:52] nOgAnOo : then ignored my skype calls for a week?
[2017-01-12 06:06:58] nOgAnOo : this was around Christmas time
[2017-01-12 06:07:14] XBT_IHCT : man you don't listen to me
[2017-01-12 06:07:23] nOgAnOo : yes, because you never answered skype
[2017-01-12 06:07:24] nOgAnOo : for a week
[2017-01-12 06:07:27] nOgAnOo : I have logs of this
[2017-01-12 06:07:30] nOgAnOo : I called you many times
[2017-01-12 06:07:40] jedisatoshi : If you are making your trading decisions based on what someone else tells you to do you are asking for it
[2017-01-12 06:07:51] nOgAnOo : ok so "you should have listened"
[2017-01-12 06:07:55] nOgAnOo : and "don't listen to others"
[2017-01-12 06:07:56] jedisatoshi : you have to make your own decisions and if you are new dont bet alot
[2017-01-12 06:07:59] nOgAnOo : i love you guys advice
[2017-01-12 06:08:09] nOgAnOo : you're great
[2017-01-12 06:08:11] XBT_IHCT : I've tried to help you out and you don't listen
[2017-01-12 06:08:17] nOgAnOo : "listen"
[2017-01-12 06:08:18] jedisatoshi : nOgAnOo: you are taking this all the wrong way
[2017-01-12 06:08:21] nOgAnOo : wait "don't listen"
[2017-01-12 06:08:29] XBT_IHCT : I told you to use less leverage how many times?
[2017-01-12 06:08:44] jedisatoshi : listen to advice but dont blindly bet your money bc someone tells you too
[2017-01-12 06:08:46] jedisatoshi : to
[2017-01-12 06:08:52] nOgAnOo : you also told me about lowering entry price
[2017-01-12 06:08:56] nOgAnOo : which got me rekt a few times
[2017-01-12 06:09:05] nOgAnOo : sucked me into high leverage
[2017-01-12 06:09:25] nOgAnOo : so you want me to start at 0.000001 leverage
[2017-01-12 06:09:31] nOgAnOo : with my 5 dollars
[2017-01-12 06:09:37] nOgAnOo : and click click click the day away just like you
[2017-01-12 06:09:40] nOgAnOo : for 3 pennies
[2017-01-12 06:09:44] jedisatoshi : listen to others analysis but make your own judgement and own it. Its not his fault its yours. and every bit you lose is tuition you pay to learn
[2017-01-12 06:09:47] johndoe : and now you've learned the lesson in a visceral way which is a useful education if you use it
[2017-01-12 06:10:01] johndoe : use your losses as training
[2017-01-12 06:10:14] johndoe : everyone loses when they first start trading - just like in poker
[2017-01-12 06:10:17] micmix : down, down, always down we go
[2017-01-12 06:10:41] nOgAnOo : anyways, thanks micmix for trying to help me
[2017-01-12 06:10:58] nOgAnOo : you and premium freak both helped me after I got rekt
[2017-01-12 06:11:05] nOgAnOo : and I will forever appreciate that
[2017-01-12 06:11:12] micmix : nOgAnOo: np, come back when the market is more quiet, it's much easier
[2017-01-12 06:11:13] jedisatoshi : johndoe: exactly i lost for damn near a year straight before i felt like i had a decent strategy but i never bet bc someone tells you to do so. No one in here knows the future
[2017-01-12 06:11:26] nOgAnOo : The last time I got rekt it was because of someones massive liquidation
[2017-01-12 06:11:31] nOgAnOo : there was no trading mistake made
[2017-01-12 06:11:38] aethlios : https://www.tradingview.com/x/jdQYoloF/
[2017-01-12 06:12:12] nOgAnOo : the price just never went back to "normal"
[2017-01-12 06:12:35] jedisatoshi : nOgAnOo: that is ridiculous the fact that you can see other traders stops in the order book gave you an advantage
[2017-01-12 06:12:39] johndoe : yes, it is a critical lesson to never bet based on another person's advice - because you won't know when to get out and because you won't be committed in the trade. This applies to any futures/forex trading as well.
[2017-01-12 06:13:30] nOgAnOo : I had never seen someone's liquidation move the price 7 dollars before, jedi
[2017-01-12 06:13:44] nOgAnOo : I'm new here
[2017-01-12 06:13:50] jedisatoshi : liquidations are part of the market i purposely try to hit them so i can place limits on the other side! thats trading my friend welcome to the free market!
[2017-01-12 06:14:25] johndoe : every market has people who hunt stops. It's a standard tactic that you need to expect and prepare for
[2017-01-12 06:14:37] jedisatoshi : nOgAnOo: $7 or even $20 just depends on the size and how thin the order book is
[2017-01-12 06:15:03] jedisatoshi : you have to watch the order book and judge liquidity just another variable to master
[2017-01-12 06:16:34] jedisatoshi : nOgAnOo: Im sorry for your loss man i dont take pleasure seeing other people go broke especially newbies but you cant blame others and get all down about it. I lost 10K like 6 months ago and it sucked but it was a valuable lession and i dont regret shit!
[2017-01-12 06:17:42] johndoe : you really ought to focus on learning to trade and not try to make lots of money when you are first trading, especially on a platform that you are unfamiliar with. It takes months - at a minimum - to really know what you are doing at a level that is capable of making money without dumb luck.
[2017-01-12 06:17:52] Dtrade16 : aethlios: If it breaks 710s we're in free fall?
[2017-01-12 06:18:42] aethlios : Dtrade16: stamp 755 and quarterly 710, we are doomed for 550-570.
[2017-01-12 06:18:45] johndoe : and definitely don't have the mindset that you need to get back your losses and get even - that is a gambler's thought process
[2017-01-12 06:18:56] aethlios : Dtrade16: stamp at the edge now.
[2017-01-12 06:19:08] jedisatoshi : Dtrade16: yeah man im long but if we break 710 im gonna go ahead and take a 4-5 btc loss and call it a night... NOT BLAME ANYONE and get it back tomorrow lol
[2017-01-12 06:19:13] aethlios : place bids 560, not more
[2017-01-12 06:19:33] Dtrade16 : Jez
[2017-01-12 06:20:16] jedisatoshi : Dtrade16: yeah but this was me sunday! managed to get out at this level before the drop! http://imgur.com/a/hqgmv
[2017-01-12 06:20:45] nOgAnOo : Who said I'm blaming anyone?
[2017-01-12 06:20:56] nOgAnOo : I'm just saying Fuck You for giving shit advice
[2017-01-12 06:21:04] nOgAnOo : generic unconstructive shit advice
[2017-01-12 06:21:06] nOgAnOo : most of you
[2017-01-12 06:21:16] jedisatoshi : nOgAnOo: hey i just realized you were in my screenshot i posted just now lol
[2017-01-12 06:21:24] jedisatoshi : nOgAnOo: how did you do that day??