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<< >> English 中文 Русский 한국어 日本語 Español Français [2017-01-20 17:20:52] enki0182 : it will be a slow trudge to 1088... but still worth it... all the best [2017-01-20 17:32:46] knikky : hey guys wondering if you can help out a relative newb here... can someone give a quick explanation of auto deleveraging? [2017-01-20 17:33:48] MikeHunt : knikky: basically if everyone takes a particular position with leverage and they are right [2017-01-20 17:34:02] MikeHunt : then ADL kicks in and boots the most profitable out [2017-01-20 17:34:43] knikky : okay, i more or less understood that, but i don't really get how it makes sense? [2017-01-20 17:34:48] BitMEX_Wally : knikky: ADL only occurs if the market moves and there are unfilled liquidations [2017-01-20 17:35:12] knikky : due to overall imbalance? [2017-01-20 17:35:32] BitMEX_Wally : If you are long and the market goes up, and a short position cannot be liquidated (not enough sellers) then your long position might be closed out at a profit to clear the liquidation [2017-01-20 17:36:45] knikky : ahh okay. i mean i guess that kinda sucks for the long position who made the right call but it needs to be done one way or another i assume? [2017-01-20 17:36:58] MikeHunt : knikky: happens to shorts as well [2017-01-20 17:37:00] sleger : BitMEX_Wally: I lost 2.5btc because of the settlement on ETC and wasnt able to reopen my position in time. We need to be able to roll before settlement. [2017-01-20 17:37:19] knikky : MikeHunt: yeah i was just going with that example [2017-01-20 17:38:09] MikeHunt : knikky: for major swings i recommend low/no leverage for your main balance and have a leveraged long seperate to reduce risk of ADL [2017-01-20 17:38:31] MikeHunt : (or leveraged short) [2017-01-20 17:39:15] knikky : cool. makes a bit more sense to me thx trollbox buds [2017-01-20 17:39:29] yungyang : no new friends [2017-01-20 17:43:17] Nooby : sleger: 2.5 btc waouuuhhh i wish i will have so much btc one day too!! trade winner fingers crossed [2017-01-20 17:43:44] sleger : a loss is not waouhh [2017-01-20 17:44:24] Nooby : yeah sorry but 2.5 btc is waouuhhh [2017-01-20 17:45:24] yungyang : loss of opportunity [2017-01-20 17:45:30] yungyang : or loss [2017-01-20 17:45:36] Nooby : i am not sure that etc will pump again, IMHO it is finish [2017-01-20 17:45:54] yungyang : how long you been in the game fam [2017-01-20 17:47:16] Nooby : few hours [2017-01-20 17:47:23] Baseballman : Sounds like the long ADL is designed to stop a short squeeze (and vice-versa)... [2017-01-20 17:50:56] REKT : Liquidated long on `XBTH17`: sell 5000 @ 897.15 [2017-01-20 18:16:27] Baseballman : ZZZ [2017-01-20 18:17:16] REKT : Liquidated long on `XBCH17`: sell 4350 @ 6162.5 [2017-01-20 18:17:21] REKT : Liquidated long on `XBTUSD`: sell 2000 @ 889.88 [2017-01-20 18:21:26] Kinda : looks like btc is dumping [2017-01-20 18:21:51] Kinda : what the difference between btc yuan and btc? [2017-01-20 18:26:08] MikeHunt : Kinda: btc = btc/usd ? [2017-01-20 18:26:34] REKT : Liquidated long on `ETC7D`: sell 2500 @ 0.001498 [2017-01-20 18:26:44] Kinda : MikeHunt: yes [2017-01-20 18:28:06] REKT : Liquidated long on `ETC7D`: sell 370 @ 0.001487 [2017-01-20 19:17:10] abbey : so quiet here [2017-01-20 19:17:59] abbey : everybody on their toes [2017-01-20 19:18:47] Papou : im waiting for the dump [2017-01-20 19:18:49] Papou : it will be beautiful [2017-01-20 19:18:54] Papou : titanic 2.0 [2017-01-20 19:18:59] Papou : my body is ready [2017-01-20 19:23:03] knikky : im expecting a dump but it looks like it could go either way to me [2017-01-20 19:23:21] Derreck : Trump has a really good inauguration speech [2017-01-20 19:28:27] Papou : yup [2017-01-20 19:28:32] Papou : he will liberate the plebs [2017-01-20 19:28:38] Papou : no more ramen noodles for dinner [2017-01-20 19:36:41] BTCDJS : Trump plagiarized his speech from Bainhttps://twitter.com/tyleroakley/status/822508508494995456 [2017-01-20 19:37:12] BTCDJS : even the timing of delivery is the same [2017-01-20 19:37:30] BTCDJS : You litterally cant make this stuff up [2017-01-20 19:40:28] BitMEX_Greg : Bane* [2017-01-20 19:40:38] BTCDJS : BitMEX_Greg: yeah that [2017-01-20 19:40:56] BitMEX_Greg : pretty funny [2017-01-20 19:42:34] BTCDJS : BitMEX_Greg: Heres a longer onehttps://twitter.com/nowthisnews/status/822519108927361024 [2017-01-20 19:43:51] KyllingLolsson : Rising wedge [2017-01-20 19:44:13] BTCDJS : Dono WTF the UK and the US are thinking. How are people ok with this shit [2017-01-20 19:44:37] Papou : greg, are u bear or bull [2017-01-20 19:45:08] Nooby : etc is dumping ? or pumping... who knows... [2017-01-20 19:46:17] KyllingLolsson : Or ascending triangle? [2017-01-20 19:46:21] DicePlayer : does XBTH17 settle every 4 months? [2017-01-20 19:46:24] Nooby : not too many trades on etc... [2017-01-20 19:46:28] knikky : our other choice was hillary. [2017-01-20 19:46:35] knikky : whichis even more fucked [2017-01-20 19:46:55] sleger : DicePlayer: no XBTH17 settle only once [2017-01-20 19:47:28] DicePlayer : well once it settles, the next one will run for 4 months? [2017-01-20 19:47:34] BitMEX_Greg : Papou: Actually my Chinese Zodiac is a pig [2017-01-20 19:48:06] BitMEX_Greg : DicePlayer: These are three month, or quarterly, contracts [2017-01-20 19:48:19] Papou : Supergreg, #1 [2017-01-20 19:48:26] DicePlayer : okay, so next one will be XBTM17 [2017-01-20 19:48:58] BitMEX_Greg : For June, yeah [2017-01-20 19:49:13] BTCDJS : BitMEX_Greg: you were born in december/november [2017-01-20 19:49:20] BitMEX_Greg : Nope [2017-01-20 19:49:49] BTCDJS : Im a pig and I was born in december [2017-01-20 19:50:09] BitMEX_Greg : I'm a few months before you then [2017-01-20 19:50:14] BTCDJS : oh no wait. I think I may be a rat [2017-01-20 19:50:19] KyllingLolsson : This is going upwards right??? [2017-01-20 19:50:21] BTCDJS : cant remember [2017-01-20 19:50:26] DicePlayer : should the price of the perpetual swap be the same as the XBT17 at settlement ? [2017-01-20 19:50:37] BTCDJS : KyllingLolsson: which thing? [2017-01-20 19:51:01] BitMEX_Greg : DicePlayer: No not necessarily. Settlement occurs at the 30min TWAP prior to expiry [2017-01-20 19:51:04] KyllingLolsson : Ascending triangle on xbth17 [2017-01-20 19:51:17] BitMEX_Greg : DicePlayer: Have a look at the contract specifications: https://www.bitmex.com/app/contract/XBTH17 [2017-01-20 19:51:17] KyllingLolsson : BTCDJS: btc [2017-01-20 19:52:09] BTCDJS : KyllingLolsson: dono where youre getting a rising wedge from. [2017-01-20 19:52:28] BTCDJS : I dont see it. [2017-01-20 19:52:33] DicePlayer : Just wondering if the last settlement was on dec 31st 2016, why there was such a large price discrepancy between the two, doesn't it create a arbitrage oppourtunity [2017-01-20 19:52:50] BTCDJS : And besides they arent necessarily true [2017-01-20 19:53:15] KyllingLolsson : BTCDJS: from ca 2017 - 01 - 17 [2017-01-20 19:54:05] KyllingLolsson : Rising price, and triangular shape with higher lows [2017-01-20 19:55:18] BTCDJS : KyllingLolsson:http://www.tradingview.com/x/dL4lKhpE [2017-01-20 19:56:49] BTCDJS : KyllingLolsson: But it doesnt necessarily mean anything. Dont put too much trust in lines on a chart. Learn more indicators and take a few of them into consideration [2017-01-20 19:58:04] KyllingLolsson : BTCDJS: ok,good thing im short now. i use rsi, stochastic, money Flow, ema 50 100 200. [2017-01-20 19:58:18] BTCDJS : KyllingLolsson: I find MA30 EMA13 quite useful. Also add EMA200 to your chart [2017-01-20 19:59:34] BTCDJS : I make MA30 red and EMA13 green. Where they cross is a good indicator to buy or sell [2017-01-20 20:00:36] KyllingLolsson : BTCDJS: no 50 ema [2017-01-20 20:00:45] KyllingLolsson : ? [2017-01-20 20:02:17] BTCDJS : KyllingLolsson:https://www.coinigy.com/s/i/58826cb4/ [2017-01-20 20:02:44] BTCDJS : KyllingLolsson: I dont. But other people might. Just pick what works for you [2017-01-20 20:03:22] BTCDJS : Its the way you interpret them [2017-01-20 20:04:30] BTCDJS : that beige line is my 200EMA On the day chart if price breaks through it confirms bearish move to me on BTC [2017-01-20 20:04:33] KyllingLolsson : Sigh. Lose attachment to money ? [2017-01-20 20:05:45] BTCDJS : And if it moves above it is a potential bull move [2017-01-20 20:07:36] Derreck : double top? 900 breaking [2017-01-20 20:07:51] MikeHunt : the problem with this bull run is it assumes china stayed the same [2017-01-20 20:08:04] MikeHunt : they've essentially had their V8 replaced with a lawn mower engine [2017-01-20 20:08:14] Derreck : MikeHunt: you're shorting? [2017-01-20 20:08:25] MikeHunt : Derreck: yeh [2017-01-20 20:08:38] MikeHunt : calculations put Bitcoin at ~35% of previous means value [2017-01-20 20:08:48] MikeHunt : china is also looking at reintroducing trading fees [2017-01-20 20:09:14] MikeHunt : it may well run to 950 but the crash will be epic imo [2017-01-20 20:11:08] Papou : its amazing the slightest price moves everyone expects 1000000 [2017-01-20 20:11:30] Apocalyptic : Papou: are you short ? [2017-01-20 20:13:06] MikeHunt : MFI on 4hr dont look good either [2017-01-20 20:13:17] Papou : yea [2017-01-20 20:13:19] Papou : duh [2017-01-20 20:14:31] MikeHunt : Apocalyptic: look at wall st. crash or japanese 1990 crash [2017-01-20 20:14:40] MikeHunt : Apocalyptic: thats the short of pattern i think we'll follow [2017-01-20 20:18:57] Apocalyptic : MikeHunt: interesting [2017-01-20 20:22:40] MikeHunt : Apocalyptic: the 1990 jap crash in particular has the ascending triangle afterwards which fails to break through in the end [2017-01-20 20:39:06] REKT : Liquidated long on `XRP7D`: sell 80000 @ 0.00000733 [2017-01-20 20:39:25] moo : short the scamcoin! amazing price, confirmed top [2017-01-20 20:43:57] moo : This scam is crashing right now! 700$! [2017-01-20 21:00:02] Kinda : MikeHunt: are you trading BTC/ Yuan or BTC USD? [2017-01-20 21:03:30] Kinda : To me this btc run looks like novem 2015 run after the crash [2017-01-20 21:04:04] abbey : more like 2013 [2017-01-20 21:10:09] Papou : why do people think they will get pumped to riches [2017-01-20 21:10:09] Kinda : crash 2013 = hack [2017-01-20 21:10:10] Papou : i love it [2017-01-20 21:15:07] abbey : Papou: it's happened before, like a loop [2017-01-20 21:15:49] abbey : more than once [2017-01-20 21:16:06] abbey : the trend is up [2017-01-20 21:16:34] REKT : Liquidated short on `ETC7D`: buy 250 @ 0.001555 [2017-01-20 21:18:21] abbey : HODL is the key [2017-01-20 21:19:20] abbey : it's time [2017-01-20 21:20:05] MikeHunt : Kinda: BTCUSD [2017-01-20 21:20:15] MikeHunt : Kinda: crash 2017 = china took away the money pot [2017-01-20 21:21:25] abbey : MikeHunt: true [2017-01-20 21:22:59] abbey : it's just a bouncy ride to new highs again. [2017-01-20 21:24:13] MikeHunt : china so far taken away leveraged trading [2017-01-20 21:24:22] MikeHunt : all existing loans die in march [2017-01-20 21:24:31] MikeHunt : trading fees are also gonna be reintroduced [2017-01-20 21:24:37] MikeHunt : meaning no more fake volume [2017-01-20 21:24:59] MikeHunt : mean a devaluation of ~35% or more [2017-01-20 21:25:31] Apocalyptic : "all existing loans die in march" source for that ? [2017-01-20 21:25:41] MikeHunt : Apocalyptic: okc h17 [2017-01-20 21:25:47] MikeHunt : (their equivalent [2017-01-20 21:25:49] MikeHunt : ) [2017-01-20 21:26:12] Apocalyptic : I @MikeHunt I mean a link to something stating it [2017-01-20 21:26:50] yungyang : I read something that users may not apply for loans and that okc will not be demanding repayment [2017-01-20 21:27:11] abbey : everything priced in alreaydy, me thinks. [2017-01-20 21:28:31] yungyang : nigga you a permabull [2017-01-20 21:29:02] abbey : let's see, ultimately it's sure up. [2017-01-20 21:29:09] yungyang : word [2017-01-20 21:30:36] BTCDJS : Been waiting 3hours for my Indian take way THREE HOURS [2017-01-20 21:30:59] buylowselllow : i just sighed up [2017-01-20 21:31:03] buylowselllow : what is this [2017-01-20 21:31:22] yungyang : indian take way? [2017-01-20 21:31:25] Kinda : BTCDJS: what did you order? [2017-01-20 21:31:40] MikeHunt : Apocalyptic: go on okc site and look [2017-01-20 21:32:00] BTCDJS : King prawn rogan josh, garlic rice, naan bread [2017-01-20 21:32:25] BTCDJS : and some potato and cauliflower [2017-01-20 21:32:29] abbey : BTCDJS: that's some fast food there [2017-01-20 21:32:33] Kinda : BTCDJS: don't pay those suckers fk them [2017-01-20 21:32:52] BTCDJS : Already paid online [2017-01-20 21:33:32] abbey : shit happens they say ;D [2017-01-20 21:33:49] buylowselllow : Due to local laws, BitMEX is unable to service your country (US). We cannot accept deposits. If you believe this to be in error, contact us at support@bitmex.com. [2017-01-20 21:33:54] BTCDJS : I'm hank Marvin man [2017-01-20 21:34:03] BTCDJS : need food [2017-01-20 21:34:35] BTCDJS : buylowselllow: no US citizens are allowed to trade here [2017-01-20 21:35:09] buylowselllow : how are these people speaking English then? [2017-01-20 21:35:29] BTCDJS : buylowselllow: there is a place called England [2017-01-20 21:35:54] BTCDJS : they taught everyone including Americans English [2017-01-20 21:36:45] KyllingLolsson : Lol ? [2017-01-20 21:38:03] buylowselllow : BTCDJS: if i strap on a VPN you think it would work? [2017-01-20 21:38:25] BTCDJS : buylowselllow: tor might [2017-01-20 21:38:31] Apocalyptic : buylowselllow: sure, since you didn't select US as registration right [2017-01-20 21:38:42] Apocalyptic : you think they're detecting the country based on IP ? [2017-01-20 21:39:07] Apocalyptic : you supplied them this info upon registration [2017-01-20 21:40:14] BTCDJS : buylowselllow: just don't ever mention in here if you are from the US. You'll get banned [2017-01-20 21:40:24] buylowselllow : ok [2017-01-20 21:40:25] knikky : yeah not allowed [2017-01-20 21:40:37] buylowselllow : so this is all basicly a game of musical chairs right? [2017-01-20 21:41:45] BTCDJS : Foods here brb [2017-01-20 21:44:08] thedoc : Guys. Long the ETC dip. [2017-01-20 21:44:21] thedoc : Bubble about to begin [2017-01-20 21:45:43] knikky : whatetc dip [2017-01-20 22:04:02] carl : Question for you guys. How come the BTCCNY on this exchange is higher than OKC, but is below BTCUSD on exchanges like Finex and Stamp? [2017-01-20 22:04:08] MikeHunt : buylowselllow: from now on your a British Colonialist [2017-01-20 22:04:46] Tetsuo : what´s up with that spike to 0.018@XMR@Bitmex [2017-01-20 22:05:26] sleger : 0.018748 5 [2017-01-20 22:05:32] Tetsuo : thx! [2017-01-20 22:05:36] sleger : no mm then i guess [2017-01-20 22:05:42] MikeHunt : Tetsuo: potential PnD incoming? [2017-01-20 22:05:46] knikky : looks like someone wanted to buy a bunch and just market bought without lokoing at the orderbook? [2017-01-20 22:05:52] sleger : knikky: no [2017-01-20 22:05:56] sleger : it was for 5 !! [2017-01-20 22:06:00] sleger : read what i said [2017-01-20 22:06:00] Adriana : Tetsuo: someone bought 5 contracts after settlement [2017-01-20 22:06:08] knikky : oh mb [2017-01-20 22:06:08] Tetsuo : ah ok [2017-01-20 22:32:20] qcqc : Can anyone tell me how and where can I find the interest rate for BTC contract ? [2017-01-20 22:33:05] qcqc : I see 0.0056%. Who is paying who here ? [2017-01-20 22:33:50] qcqc : .066% sorry [2017-01-20 22:34:01] BTCDJS : qcqc: longs are paying shorts [2017-01-20 22:34:52] BTCDJS : All longs will pay 0.066% of however many contracts they are holding [2017-01-20 22:34:52] qcqc : Thanks [2017-01-20 22:35:15] BTCDJS : if it was -0.066 shorts would pay longs [2017-01-20 22:46:41] MikeHunt : does interest get deposited as available btc or into the particular contract as RoE ? [2017-01-20 22:47:26] Apocalyptic : MikeHunt: it goes to realized pnl, so it's available [2017-01-20 23:05:54] thedoc : man [2017-01-20 23:05:55] thedoc : btc dumping again [2017-01-20 23:06:46] MikeHunt : Apocalyptic: thnx [2017-01-20 23:07:21] Papou : thedoc why are you susprised [2017-01-20 23:07:30] Papou : why do you guys seriously think you will get pumped to riches for free? [2017-01-20 23:07:33] Papou : are u kidding me [2017-01-20 23:07:38] Papou : they want cheap bitcoin before they pump it [2017-01-20 23:07:44] Papou : they not gonna pump 900+ bitcoin. LOL. [2017-01-20 23:09:03] thedoc : they gotta pump. the bagholders from 900-1250 need to get out in profit or at least breakeven [2017-01-20 23:09:55] Papou : they are [2017-01-20 23:09:59] Papou : at 900-910 [2017-01-20 23:10:10] Papou : you see all the sells into the walls? [2017-01-20 23:10:24] Papou : thats it man, only few trades were from 1000-1200 either way [2017-01-20 23:10:38] Papou : we need consolidation 600-800 [2017-01-20 23:10:43] Papou : for next wave [2017-01-20 23:10:49] Papou : whales want cheap coins again [2017-01-20 23:11:09] Papou : we already got exit pump, it was 830-915 [2017-01-20 23:11:18] Papou : and all those market buys up to 910 [2017-01-20 23:11:35] thedoc : you know price was above $900 for like 14 days.... [2017-01-20 23:11:44] thedoc : that's a lot of buying and selling going on [2017-01-20 23:11:56] Papou : dude its all margin from china [2017-01-20 23:12:02] Papou : fake volumes [2017-01-20 23:12:09] Papou : they exit pumped to ath on us [2017-01-20 23:12:15] Papou : they knew pboc about to lay smackdown [2017-01-20 23:12:18] ryvirath : lol, never trust the guy who makes things seem obvious [2017-01-20 23:12:27] Papou : wait for the official word. btcc still trading 100x leverage too, they doing a big fuck you [2017-01-20 23:12:52] Papou : pboc will be furious for looking weak [2017-01-20 23:12:59] Papou : and not able to control the exchanges [2017-01-20 23:13:06] Papou : these are the chinese we are talking about [2017-01-20 23:13:09] Papou : craziest motherfuckers [2017-01-20 23:13:48] ryvirath : there is no consolidation in 600-800 [2017-01-20 23:13:50] Papou : dude u ever take a look at the asian exchanges? they got coins that are wtf, just pump and dump. bitcoin is 90% pump and dump china. the rest of the world doesnt even know wtf it is yet. [2017-01-20 23:13:54] ryvirath : that equals a bear market and would go much lower [2017-01-20 23:13:57] ryvirath : look at a chart [2017-01-20 23:14:02] ryvirath : that breaches long term support [2017-01-20 23:14:09] Papou : no, we will have plenty of support from the plebs dude [2017-01-20 23:14:23] Papou : some people in the west will eat ramen noodles for life and sell their babies to buy 500 btc [2017-01-20 23:14:27] Papou : impossible to go under 500 btc [2017-01-20 23:14:33] Papou : thats the steal price [2017-01-20 23:14:47] Papou : this is the exit pump price [2017-01-20 23:15:09] ryvirath : this isn't poloniex bro [2017-01-20 23:15:10] Papou : exchanges did nifty exit pump man. we went up 50% in like a month. [2017-01-20 23:15:22] Papou : use your brain [2017-01-20 23:15:25] Papou : it was all cny volume [2017-01-20 23:15:33] Papou : it took bitstamp and bitfinex forever to follow [2017-01-20 23:15:37] ryvirath : actually they tried to create a bubble and the PBoC do not like bubbles [2017-01-20 23:15:39] Papou : btc was 1100 in china, 900 on bitstamp [2017-01-20 23:15:44] Papou : exactly [2017-01-20 23:15:54] Papou : now this 800-900 pump was led by bitfinex [2017-01-20 23:15:56] ryvirath : we are still in a bull market [2017-01-20 23:16:00] Papou : west exit pumping themselves dude [2017-01-20 23:16:03] Papou : chinese fucked them [2017-01-20 23:16:12] ryvirath : besides if BTC falls here, you bet your ass it's a rush to the exits in all of crypto [2017-01-20 23:16:17] Papou : nope [2017-01-20 23:16:21] Papou : its consolidation man [2017-01-20 23:16:22] Papou : sigh. [2017-01-20 23:16:23] ryvirath : I would get everything out if BTC breaches long term support [2017-01-20 23:16:25] cryptokoala : hi everybody [2017-01-20 23:16:25] Papou : learn 2 trade bud [2017-01-20 23:16:34] Papou : alts will fly [2017-01-20 23:16:41] Papou : 2017 is year of the altcoin man [2017-01-20 23:16:44] Papou : big money will come in [2017-01-20 23:17:02] Papou : all that money will poor into good alt projects going mainstream [2017-01-20 23:17:13] Papou : and will keep bitcoin afloat 550+ [2017-01-20 23:17:31] MikeHunt : Papou: u talking about chinese exchanges international sites or CN only sites? [2017-01-20 23:17:34] ryvirath : that is probably the most off kilter view of how crypto behaves that I've seen [2017-01-20 23:17:35] Papou : great projects like ethereum, factom, maidsafe, stratis, iconomi, waves, lisk [2017-01-20 23:17:42] Papou : monero [2017-01-20 23:17:49] ryvirath : if BTC tanks, money isn't going to pour into alts. It's going to leave [2017-01-20 23:17:52] Papou : plenty of coins man will break the billion market cap [2017-01-20 23:17:57] Papou : no way man [2017-01-20 23:18:03] Papou : eth dumped to pump into bitcoin right now [2017-01-20 23:18:08] Papou : and will pump big this year [2017-01-20 23:18:29] Papou : man, u need to open your eyes to the money and where its going. there is a collective crypto market cap then there is btc/alts [2017-01-20 23:18:35] longbydefault : papou you seem to know everything [2017-01-20 23:18:37] Papou : it moves around, it doesnt exit [2017-01-20 23:18:52] Papou : ride the waves bro [2017-01-20 23:18:58] longbydefault : you have it all figured out [2017-01-20 23:19:07] ryvirath : I'm mega long both ETH and BTC right now [2017-01-20 23:19:13] Papou : long eth [2017-01-20 23:19:14] Papou : short btc [2017-01-20 23:19:14] ryvirath : if BTC fails ETH isn't going anywhere [2017-01-20 23:19:18] Papou : its not both ways dude lol [2017-01-20 23:19:19] abbey : Papou: u full of crap imo [2017-01-20 23:19:28] Papou : eth btc dont pair... [2017-01-20 23:19:32] Papou : they seasaw [2017-01-20 23:19:40] ryvirath : the correlation is almost perfect [2017-01-20 23:19:42] ryvirath : check the charts [2017-01-20 23:19:48] Papou : not anymore [2017-01-20 23:19:57] longbydefault : papou is right... listen to him... [2017-01-20 23:20:39] MikeHunt : Papou: u mean they still have leverage on the chinese exchanges for china residents only or jsut international versions? [2017-01-20 23:20:51] ryvirath : .com has leverage [2017-01-20 23:21:02] ryvirath : .cn does not [2017-01-20 23:21:10] Papou : btcc is 100% not following guidance [2017-01-20 23:21:13] Papou : they completely ignored it [2017-01-20 23:21:23] Papou : huobi and okcoin took leverage away [2017-01-20 23:21:33] Papou : btcc said fuck u [2017-01-20 23:21:36] ryvirath : whuuut [2017-01-20 23:21:40] ryvirath : btcc is about to add fees [2017-01-20 23:21:54] Papou : all 3 are about to add fees [2017-01-20 23:21:59] ryvirath : because they can't collect margin interest [2017-01-20 23:22:00] Papou : but im expecting big punishment to btcc [2017-01-20 23:22:06] Papou : pboc will lay a whooping [2017-01-20 23:22:08] MikeHunt : Papou: iirc the international versions could keep leverage, just chinese citizens werent allowed to use it [2017-01-20 23:22:12] Papou : or disregarding orders [2017-01-20 23:22:50] ryvirath : oh wise papou with your full understanding of the PBoCs intentinos [2017-01-20 23:23:19] longbydefault : papoo is an insider with 50% profit on each trade [2017-01-20 23:23:33] Papou : guys. please use your logic here [2017-01-20 23:23:50] Papou : where exactly will billions of dollars come from and pump everybody's long in this "obvious" bull market [2017-01-20 23:23:54] l3f : Papou: please short 100x [2017-01-20 23:23:54] Papou : so they can get dumped on again? [2017-01-20 23:24:05] Papou : i never go over l3f 3-5x leverage [2017-01-20 23:24:05] l3f : at least 25x [2017-01-20 23:24:09] Papou : no [2017-01-20 23:24:10] MikeHunt : Papou: iirc the international versions could keep leverage, just chinese citizens werent allowed to use it [2017-01-20 23:24:11] l3f : all in short [2017-01-20 23:24:14] Papou : 10x+ is gambling [2017-01-20 23:24:16] Papou : not trading [2017-01-20 23:24:22] Papou : mikehunt yes [2017-01-20 23:24:22] l3f : what's the point of being confident if you don't go big? [2017-01-20 23:24:27] ryvirath : so you are 9x short? [2017-01-20 23:24:35] MikeHunt : Papou: so BTCC is fine then if chinese citizens cant use it? [2017-01-20 23:24:41] Papou : l3f because these exchanges are manipulated to liquidate all 10x+ at the most [2017-01-20 23:24:51] Papou : thats not confidence, its stupidity [2017-01-20 23:25:01] Papou : 10% gain or loss is commonplace. [2017-01-20 23:25:12] longbydefault : when do you expect this drop to happen... [2017-01-20 23:25:14] Papou : 25x+ is literally gambling [2017-01-20 23:25:14] thedoc : l3f finally joind the short side [2017-01-20 23:25:31] l3f : thedoc: no I'm long [2017-01-20 23:25:44] Papou : bitmex for me is play money, make easy and safe $200-$300 a day, more with volatility [2017-01-20 23:25:49] thedoc : no you are short. proof l3f: all in short [2017-01-20 23:25:50] Papou : altcoin trading is where the real money is dude. [2017-01-20 23:25:58] thedoc : ^ [2017-01-20 23:25:59] thedoc : ETC [2017-01-20 23:26:00] Papou : bitmex ADL u hit big...u cant make big money here [2017-01-20 23:26:11] l3f : Papou: I'm suggesting that you should all in short [2017-01-20 23:26:15] MikeHunt : Papou: so BTCC is fine then if chinese citizens cant use leverage, only international can? [2017-01-20 23:26:26] Papou : l3f, we can see a 940-950 exit pump [2017-01-20 23:26:29] ryvirath : you only get ADLd if you use ridiculous leverage [2017-01-20 23:26:32] Papou : ill will all in short then 950 [2017-01-20 23:26:33] ryvirath : which I thought you didn't use? [2017-01-20 23:26:45] l3f : There is no point in being confident and having a small position ~ George Soros [2017-01-20 23:26:54] Papou : i take big positions in altcoins. [2017-01-20 23:28:07] l3f : "big" [2017-01-20 23:28:11] Papou : Jan 20, 2017, 7:00:00 AM RealisedPNL 0.2374 XBT 0 XBt XBCH17 Completed 7.0237 XBT [2017-01-20 23:28:15] Papou : easy daily money [2017-01-20 23:28:51] Papou : Jan 20, 2017, 7:00:00 PM RealisedPNL 0.0818 XBT 0 XBt XBCH17 Completed [2017-01-20 23:29:04] Papou : done for day [2017-01-20 23:29:12] l3f : "big" [2017-01-20 23:29:21] Papou : i todl u bitmex is play money [2017-01-20 23:29:22] ryvirath : wow big shot [2017-01-20 23:29:28] sleger : you think XBC is an altcoin ? @Papou [2017-01-20 23:29:30] Papou : never lose [2017-01-20 23:30:07] abbey : lol [2017-01-20 23:30:22] ryvirath : isn't there a leaderboard here; if you are so great your all time record would be there, yeah? [2017-01-20 23:30:30] Papou : no dude like i said, i dont go big leverage here. i stick with 10-30 btc total value but 3-5x leverage at the most [2017-01-20 23:30:36] Papou : i just started [2017-01-20 23:30:47] sleger : oh, so the loss will come, soon [2017-01-20 23:30:47] ryvirath : there's a leaderboard for ROE [2017-01-20 23:31:02] Papou : only up 2.25 btc total so far past week [2017-01-20 23:31:15] Papou : i try and get 0.2 0.3 btc a day [2017-01-20 23:31:16] Papou : thats it [2017-01-20 23:31:17] Papou : easy swings [2017-01-20 23:31:18] ryvirath : ha lol; easy play money every day: only used bitmex for a week [2017-01-20 23:31:19] sleger : ryvirath: that leaderboard is useless, it will only show the return of people who gambled 100x and havent lost yet [2017-01-20 23:31:24] Papou : 3-4 $ swings dude [2017-01-20 23:31:26] Papou : its simple [2017-01-20 23:31:35] sleger : ^ wont last [2017-01-20 23:31:47] l3f : sleger: I believe in him [2017-01-20 23:31:50] micmix : taking bets on how long will take for Papou to disappear from here ;-) [2017-01-20 23:31:52] ryvirath : you sound like every gambler ever right now papou [2017-01-20 23:31:53] Papou : dude i cant get liquidated [2017-01-20 23:31:55] Papou : how i lose [2017-01-20 23:32:01] Papou : ill just average out of positions [2017-01-20 23:32:03] Papou : if need be [2017-01-20 23:32:09] Papou : or hedge diff contracts [2017-01-20 23:32:15] l3f : Damn he's good [2017-01-20 23:32:18] Papou : when u stick to low leverage thats trading [2017-01-20 23:32:19] longbydefault : he's unstoppable [2017-01-20 23:32:20] abbey : micmix: 2 weeks max [2017-01-20 23:32:24] Papou : high leverage is gambling [2017-01-20 23:32:33] longbydefault : he's the guy from limitless [2017-01-20 23:32:36] sleger : low leverage cant lose, right [2017-01-20 23:32:37] l3f : how can sleger even compete? [2017-01-20 23:32:42] l3f : which such a pro [2017-01-20 23:32:47] sleger : and when you average down, your leverage goes down too i guess .... [2017-01-20 23:32:47] l3f : with* [2017-01-20 23:32:51] Apocalyptic : longbydefault: lmao [2017-01-20 23:33:03] MikeHunt : Papou: so BTCC is fine then if chinese citizens cant use leverage, only international can? [2017-01-20 23:34:00] longbydefault : that's a nice daily target though... 0.2 to 0.3... :) [2017-01-20 23:34:07] micmix : abbey: 2-3 weeks sounds about right [2017-01-20 23:34:36] Kinda : any one long on eth? [2017-01-20 23:34:44] Apocalyptic : Kinda: sleger [2017-01-20 23:35:11] Papou : i guess mikehunt, i dont know how easy it is to trade there though [2017-01-20 23:35:16] Papou : they have cny restrictions [2017-01-20 23:35:17] Kinda : Apocalyptic: sleger? what does that mean? [2017-01-20 23:35:34] MikeHunt : Papou: that should be enough for PBoC then, but i expect further bad news still [2017-01-20 23:35:36] Papou : problem is guys, why doesnt want cheap btc [2017-01-20 23:35:44] Papou : why do you think big wigs dont wanna buy 500-700 [2017-01-20 23:35:49] MikeHunt : Papou: restrictions alone make this bull run temporarily over imo [2017-01-20 23:35:51] Papou : and wanna pump this and get dumped on? [2017-01-20 23:36:02] Papou : yes mike, we need consolidation [2017-01-20 23:36:04] ryvirath : lol what kind of logic is that [2017-01-20 23:36:07] Papou : people want cheap btc [2017-01-20 23:36:08] Papou : simple [2017-01-20 23:36:09] l3f : ryvirath: it's flawless [2017-01-20 23:36:25] ryvirath : people want 100 dollar btc so that's where it's going to dump to! [2017-01-20 23:36:31] l3f : everyone wants cheap coins, so they sell cheap so they can buy cheaper [2017-01-20 23:36:33] l3f : makes total sense [2017-01-20 23:36:34] ryvirath : because bigwigs [2017-01-20 23:36:40] l3f : because bigwigs [2017-01-20 23:36:56] longbydefault : because bigwigs [2017-01-20 23:37:37] Papou : every pump always 100% retraces [2017-01-20 23:37:38] Papou : always [2017-01-20 23:37:45] ryvirath : it just did [2017-01-20 23:37:47] Papou : its just how it is [2017-01-20 23:37:55] l3f : shieeeettt [2017-01-20 23:37:56] longbydefault : papou tell us something you don't know [2017-01-20 23:38:54] ryvirath : that would be impossible; papou clearly knows everything [2017-01-20 23:39:08] l3f : ryvirath: that's why he's making so much money [2017-01-20 23:39:20] l3f : high roller [2017-01-20 23:39:22] ryvirath : jesus, maybe he sees the future [2017-01-20 23:39:23] l3f : he moves the markets [2017-01-20 23:39:27] ryvirath : maybe he is jesus [2017-01-20 23:39:48] Tetsuo : papou would have shorted bitcoin in october 2013, cuz Silkroad shutdown clearly was the beginning of the end of BTC [2017-01-20 23:39:49] Apocalyptic : Kinda: it seems that sleger, a trader here, is long ETH [2017-01-20 23:41:27] Papou : i got involved in crypto only since august 2016 [2017-01-20 23:41:42] sleger : yes but im not long eth here anymore, but on polo, cause its impossible to keep a position on 7days alt futures here [2017-01-20 23:42:11] Papou : i mean u can even see https://www.investing.com/currencies/btc-usd-technical [2017-01-20 23:42:17] Papou : we gonna test 850 for sure [2017-01-20 23:42:24] BTC-Noob : in 3 or 4 days btc will touch 1k again and retrace more than 100%,. mark my words [2017-01-20 23:42:34] ryvirath : papou has spoken [2017-01-20 23:42:36] Papou : we have to see the downward support, everyone want cheap btc. but problem is will they drop it 700's or less [2017-01-20 23:43:15] ryvirath : 850 is a definite possibility [2017-01-20 23:43:28] MikeHunt : china with no leverage/no no fees = 35% reduced value of btc [2017-01-20 23:43:32] ryvirath : so is 950 [2017-01-20 23:43:35] Kinda : sleger: im expecting a price increse for eth in the next 7 days though so opening a long here seems good for me [2017-01-20 23:43:59] sleger : Kinda: what's happening in next 7 days ? [2017-01-20 23:44:25] MikeHunt : http://i.imgur.com/WKn9a3o.png [2017-01-20 23:44:32] Papou : they might be waiting for mu2 news to dump [2017-01-20 23:44:33] Papou : dump on news [2017-01-20 23:44:48] sleger : Kinda: I was long 25k ETC until settlement today, tried to reopen but didnt have time before it spiked, bitmex cost me 2.5 btc because of being unable to roll a position [2017-01-20 23:45:26] Papou : damn dude [2017-01-20 23:45:29] Papou : sucks [2017-01-20 23:45:36] micmix : Papou is funny. "i got involved in crypto only since august 2016" and he already knows everything and can't lose. we need more people like him :smile: [2017-01-20 23:46:05] Kinda : sleger: talking about eth though [2017-01-20 23:46:26] sleger : Kinda: was explaining you the problem with 7d futures here [2017-01-20 23:46:32] sleger : irrelevant to which alt [2017-01-20 23:46:49] Kinda : sleger: ho I see , so no news expected for eth just TA :) [2017-01-20 23:46:51] Apocalyptic : micmix: definitely [2017-01-20 23:47:03] Apocalyptic : btw how long have you been MMing for here ? [2017-01-20 23:47:05] BTCDJS : micmix: he is really impressive. Must be a natural [2017-01-20 23:48:22] micmix : Apocalyptic: testing with small amounts since middle of 2015 [2017-01-20 23:49:00] Kinda : sleger: there is a bull flag on [2017-01-20 23:49:16] Apocalyptic : micmix: cool [2017-01-20 23:49:17] sleger : Kinda: i dont believe in TA like that [2017-01-20 23:49:28] Papou : lol. everyone wants a free ride. sigh. [2017-01-20 23:49:33] Papou : cant wait for the broken hearts [2017-01-20 23:49:35] Kinda : sleger: what do you believe in ? [2017-01-20 23:49:45] yungyang : mr hunt why do you think a reduction in Chinese volume = a reduction in price? [2017-01-20 23:49:45] sleger : in papou [2017-01-20 23:49:50] sleger : Kinda: [2017-01-20 23:50:03] yungyang : ps, papou is secretly long [2017-01-20 23:50:16] BTCDJS : Yeah I believe @Papou is the crypto messiah [2017-01-20 23:50:47] BTCDJS : He's old school noob [2017-01-20 23:52:25] Papou : so explain to me what everyone is waiting for [2017-01-20 23:52:40] ryvirath : it's called consolidation [2017-01-20 23:52:46] Papou : what will be the reason to pump [2017-01-20 23:52:48] BTCDJS : Papou: you to get REKT [2017-01-20 23:52:51] Papou : and where will the money come from [2017-01-20 23:53:02] Papou : and what price will people take profit [2017-01-20 23:53:14] Papou : u guys have gone mad chasing some dream. [2017-01-20 23:53:22] micmix : money usually come from organizations and individuals [2017-01-20 23:53:37] Papou : god bitcoin isnt even near mass adoption dude. [2017-01-20 23:53:43] Papou : cant even agree on forward progress [2017-01-20 23:53:46] Papou : we have a good ways away [2017-01-20 23:54:06] Papou : the network needs plenty to fiugure out, we need better distro and not at 1000+ a coin, no one wants to touch it [2017-01-20 23:54:19] Papou : and altcoin projects will have a good year 2017 [2017-01-20 23:54:26] Papou : due to blockchain recognition [2017-01-20 23:54:31] Papou : but bitcoin going parabolic, no. [2017-01-20 23:54:35] BTC-Noob : better buy btc now and sell at 1 k in 2 days, dont get trolled by trollers with funny named [2017-01-20 23:55:06] BTCDJS : Papou: who told you bitcoin was going parabolic? [2017-01-20 23:55:14] Papou : lol, im terribly sorry you probably fomo longed 900+ [2017-01-20 23:55:40] micmix : Papou: you know nothing Jon Snow ;-) [2017-01-20 23:55:45] longbydefault : what the hell are you talking about papou... you only play 2-4 dollar swings... [2017-01-20 23:55:46] BTCDJS : Papou: stop assuming things you can't know [2017-01-20 23:56:07] BTCDJS : micmix: +1 [2017-01-20 23:56:19] BTCDJS : Lol [2017-01-20 23:56:35] BTCDJS : at 5x and he makes 0.3 BTC a day [2017-01-20 23:56:37] BTC-Noob : someone in trollbox gave me the advice to always do the opposite of what people in trolbox say. [2017-01-20 23:56:43] Apocalyptic : micmix: when dealing with a growing inventory, it is preferable to have a greater skew or reduce quoting sizes on the heavy side ? [2017-01-20 23:56:48] yungyang : woah, that's heavy