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.
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<< >> English 中文 Русский 한국어 日本語 Español Français [2017-01-25 18:03:14] Ugly_Old_Goat : Time to cover and get where we need to be. [2017-01-25 18:03:32] Ugly_Old_Goat : Inverse markets are rare olpportunityu [2017-01-25 18:03:42] Papou : what strong hands bro [2017-01-25 18:03:49] Papou : ppl say that to get ppl to hold so they can cash out instead of them [2017-01-25 18:04:04] Papou : only chinese insiders had sells over 1100+ [2017-01-25 18:04:17] Papou : we were there very birefly, hit 8888 cny which is their lucky number and boom down [2017-01-25 18:04:28] Papou : how can you not blatantly see manipulation [2017-01-25 18:04:36] Yuppie : Does OKCoin charge borrowing on fututes margin? [2017-01-25 18:04:42] Papou : yes [2017-01-25 18:04:58] Ugly_Old_Goat : I am not Chiness and I solld evertying over 1100 [2017-01-25 18:04:59] Yuppie : So not like here.. [2017-01-25 18:05:33] Ugly_Old_Goat : I have been a buyer from 876 all the way down to 735 where I bot in a big way [2017-01-25 18:05:53] Ugly_Old_Goat : It we test lows I will be a buyer again. [2017-01-25 18:06:02] Yuppie : Anywhere I can see the details at OKCoin? Their website doesnt really explain... [2017-01-25 18:06:38] MikeHunt : Yuppie: you mean like chart? [2017-01-25 18:07:10] Yuppie : Yeah like borrowing rates for leverage on futures [2017-01-25 18:07:18] -_- : 0kcoin you buy 10x or 20x and pay fee to enter your position [2017-01-25 18:07:25] -_- : 10x or 20x leverage [2017-01-25 18:07:29] Ugly_Old_Goat : what is the website your are talking about? [2017-01-25 18:07:32] -_- : exit any time [2017-01-25 18:07:34] Yuppie : Nothing else? [2017-01-25 18:07:37] -_- : or wait till settlement [2017-01-25 18:07:40] -_- : it's very basic [2017-01-25 18:07:48] Yuppie : I see thanks [2017-01-25 18:09:42] Ahhere : Are there any bulls left guise? [2017-01-25 18:09:48] Ahhere : who is buying? [2017-01-25 18:10:14] MikeHunt : cant be good wen u have a small position short and 5 ADL lights [2017-01-25 18:11:17] Ahhere : feels elastic band'y [2017-01-25 18:11:18] Papou : i know right LOL [2017-01-25 18:11:30] Ugly_Old_Goat : I am a buyer,be could potential with low rish [2017-01-25 18:11:33] Papou : cny and future have such negative premium [2017-01-25 18:11:35] Papou : everyone is loaded [2017-01-25 18:11:40] Papou : ride the bearwhale boys [2017-01-25 18:11:56] Ahhere : half of us will cry - we should buy the losers some beers or sth [2017-01-25 18:12:00] -_- : i'll believe it when it starts dumping [2017-01-25 18:12:25] Ahhere : some trezors for their no coins [2017-01-25 18:12:28] Ugly_Old_Goat : Just keep paying me every 8 hours [2017-01-25 18:12:41] Ugly_Old_Goat : Lets see who runs out of money first [2017-01-25 18:13:51] MikeHunt : Ugly_Old_Goat: this thing tanks quickly [2017-01-25 18:13:54] MikeHunt : dont get too confident [2017-01-25 18:13:55] MikeHunt : ;) [2017-01-25 18:14:13] Ugly_Old_Goat : March is 30 under spot. Perp is 3 under spot and pays me 3 times a day. Both best buys in btc markets [2017-01-25 18:14:37] MikeHunt : Ugly_Old_Goat: pressuming this goes down it wouldnt be worth it [2017-01-25 18:15:27] Ugly_Old_Goat : I am not confident at lall, Just bery well margined and waiting for bigger opportuniity iif you get your sellloff [2017-01-25 18:15:41] Ugly_Old_Goat : So it is a win/win for me [2017-01-25 18:16:18] Ugly_Old_Goat : The key is to have deep pockets and not riisk too much [2017-01-25 18:16:36] Ugly_Old_Goat : Money managment is everything [2017-01-25 18:17:33] Ugly_Old_Goat : Those who do not manage money well mover the marketts and give opporunity to those who do manage money well [2017-01-25 18:19:16] Ugly_Old_Goat : Really? We could drop 30 dollars and March not go down at all [2017-01-25 18:19:44] Ugly_Old_Goat : Good bet sellers have sold into a deep deep hole [2017-01-25 18:19:50] -_- : march is following 0kcoin quarterly [2017-01-25 18:20:05] Ugly_Old_Goat : Could clean clocks on upside this time [2017-01-25 18:20:41] MikeHunt : Ugly_Old_Goat: i think we'll go down a lot more than $30 [2017-01-25 18:21:17] Ugly_Old_Goat : Well we need to go down 30 before we go down more [2017-01-25 18:22:00] -_- : now china sleeping. no more volume or movement for a while [2017-01-25 18:22:24] MikeHunt : apparently dump is postponed til friday [2017-01-25 18:22:42] Ugly_Old_Goat : Just remember to pay me again in one hour, please [2017-01-25 18:22:43] -_- : quarterly isnt even bouncing any more. no more money to be made [2017-01-25 18:23:29] Ugly_Old_Goat : My average purchase goes down ewery 8 hours [2017-01-25 18:30:12] Ugly_Old_Goat : payday in 90 minutes [2017-01-25 18:30:17] MikeHunt : okc is definately being dumped on [2017-01-25 18:30:23] Ugly_Old_Goat : Thank you for your support [2017-01-25 18:30:31] MikeHunt : 150 BTC dump and then a few small buys to prop it up [2017-01-25 18:34:23] Ugly_Old_Goat : Pay Day in 85 minutes [2017-01-25 18:35:43] Ugly_Old_Goat : IIt may well be that perp shorts will need to buy out at 10+ to avoid future payments [2017-01-25 18:36:05] Ugly_Old_Goat : Trading at par now I see [2017-01-25 18:39:31] Ugly_Old_Goat : Payday in 80 minutes [2017-01-25 18:40:24] j8 : thanks for the update [2017-01-25 18:42:55] cryptokeeper : The funding is crazy... last night and this morning people were saying it was like taking 30USD every 8hrs [2017-01-25 18:42:59] Ugly_Old_Goat : Remember you are paying and Ugly Old Goat for the privilegie of being short btc [2017-01-25 18:43:21] Ugly_Old_Goat : Ugly Is Beautiful! [2017-01-25 18:43:21] cryptokeeper : Ugly_Old_Goat: lol [2017-01-25 18:43:45] cryptokeeper : Ugly_Old_Goat: what sort of percentage are you getting every 8hrs [2017-01-25 18:44:35] Ugly_Old_Goat : I have been paid $7 per btc in last 24 hours [2017-01-25 18:44:36] MikeHunt : cryptokeeper: avg is 0.2% iirc [2017-01-25 18:44:56] cryptokeeper : Ugly_Old_Goat: so I am guessing the exchange takes more than half then [2017-01-25 18:45:00] Ugly_Old_Goat : Thank your fellas for your support [2017-01-25 18:45:05] cryptokeeper : some people were getting taxed #30usd for 3/4 btc [2017-01-25 18:45:41] j8 : no they weren't [2017-01-25 18:45:48] cryptokeeper : no? [2017-01-25 18:45:54] j8 : 3/4 btc of margin with a big leveraged position, maybe [2017-01-25 18:46:11] cryptokeeper : yea most likely [2017-01-25 18:46:24] Ugly_Old_Goat : Biitmex takes nothing. The shorts currenlly pay the longs the funding rate for privilege fo staying short [2017-01-25 18:46:43] Ugly_Old_Goat : Again, thank your for your support [2017-01-25 18:46:44] cryptokeeper : Ugly_Old_Goat: roger that [2017-01-25 18:46:55] Ugly_Old_Goat : Like shootng fish in a barrel [2017-01-25 18:47:22] cryptokeeper : lol [2017-01-25 18:47:38] cryptokeeper : what if people close before funding are they exempt? [2017-01-25 18:47:53] BitMEX_Greg : cryptokeeper: The funding is not an exchange fee, the funding is 100% swapped between longs and shorts. BitMEX takes no part of the funding [2017-01-25 18:47:55] Ugly_Old_Goat : Lets see, hat should I buy? March at a 30 dollar discount or perrp at below spot that pays me every 8 hours? [2017-01-25 18:48:13] BitMEX_Greg : cryptokeeper: If you do not hold a position when the funding is charged / paid, then you do not pay or receive the funding [2017-01-25 18:48:43] Ugly_Old_Goat : Looks like some here don't get it BitMex_Greg, thanks for cluing them in [2017-01-25 18:48:53] BitMEX_Greg : No problem [2017-01-25 18:48:58] -_- : Ugly_Old_Goat: people who long march are expecting the premium to be like $40 in the end. and if you long swap and price goes up then longers pay the fee every 8 hours [2017-01-25 18:49:05] Ugly_Old_Goat : I cost me on the way up but I learned qucikly' [2017-01-25 18:49:22] -_- : but if you expect price to continue going down the longing swap to get paid is the right idea if you dont want to short [2017-01-25 18:49:46] Ugly_Old_Goat : Correct the the fee noirmallly goes to the longs, [2017-01-25 18:50:13] Ugly_Old_Goat : This is an inverted market and very unusual [2017-01-25 18:50:52] Ugly_Old_Goat : The wales are buying March and selling elsewhere [2017-01-25 18:51:05] -_- : still i rather short march and ride a bigger discount if this dumps. then long around the bottom and ride it to a premium [2017-01-25 18:51:25] -_- : i rather not pay fees for being on the correct side [2017-01-25 18:51:32] Ugly_Old_Goat : Between now and March 30 thie discount will disappear [2017-01-25 18:56:04] Ugly_Old_Goat : It is very doubtlful being short in correct in the long run [2017-01-25 18:56:49] Farzad : Quick question boyz, I bought some XBTH17 on 876.58 and sold them on 877.00. still made a loss ! what is the math behind it ? [2017-01-25 18:56:51] Ugly_Old_Goat : I you get your sell off I am a huge buyer plus you will be covering your shorts [2017-01-25 18:57:12] BitMEX_Greg : Farzad: Are you factoring in trade fees? [2017-01-25 18:57:20] Ugly_Old_Goat : If you made the market you came our ahead [2017-01-25 18:57:49] Ugly_Old_Goat : If you took the market you lost a bit Farzad [2017-01-25 18:58:12] Farzad : BitMEX_Greg: no, you mean fees can outweigh a 42 cents profit ? [2017-01-25 18:58:34] Farzad : Ugly_Old_Goat: no It was limit order. I made 42 cents on that trade [2017-01-25 18:59:05] Ugly_Old_Goat : Ok your got ithen [2017-01-25 18:59:35] rapidgains : Farzad: yes [2017-01-25 19:00:01] rapidgains : fees will set you back a dollar [2017-01-25 19:00:26] Ugly_Old_Goat : PayDay in 59 minutes [2017-01-25 19:01:12] Ugly_Old_Goat : All shorts please have adequate funds in your account to pay me. My family needs to eat [2017-01-25 19:01:26] Ugly_Old_Goat : I hope the market goes down for you [2017-01-25 19:02:29] j8 : problem is you can't lock in a return in USD when everything's negative. you can sell spot and buy the futures discount or get swap funding, but you still lose if the price crashes [2017-01-25 19:05:07] Ugly_Old_Goat : J8 you are correct, but that is because you are thinking in dollars. I only think in btc, the game is to increase btc, not $$$ [2017-01-25 19:05:32] j8 : ok, have fun then! [2017-01-25 19:06:11] BitMEX_Greg : Farzad: You can check in your Trade History (https://www.bitmex.com/app/tradeHistory) the fees you paid on your entry and exit [2017-01-25 19:06:26] sleger : the price of bread is more constant in usd terms than in btc terms though... @Ugly_Old_Goat Unless you eat different ? [2017-01-25 19:06:44] j8 : he doesn't think in bread [2017-01-25 19:08:26] Ugly_Old_Goat : I think only btc, went from 0 to 1000+ while dollar keeps declining from 30 dollars per ounce of gold to 1000+ per ounce of gold, same applies to bread [2017-01-25 19:09:05] cryptokeeper : funding gets taken from total balance right not available [2017-01-25 19:09:09] cryptokeeper : that is correct is it not? [2017-01-25 19:09:21] BitMEX_Greg : cryptokeeper: From Realised PNL [2017-01-25 19:09:23] Ugly_Old_Goat : PayDay in 50 minutes [2017-01-25 19:09:57] cryptokeeper : BitMEX_Greg: but it comes off the top of your total account right? not the available [2017-01-25 19:10:10] Ugly_Old_Goat : Please stay short and don't forget to pay this Ugly Old Goat [2017-01-25 19:10:13] cryptokeeper : what if people are max leveraged and have none available? [2017-01-25 19:10:17] rapidgains : % of your trade value [2017-01-25 19:10:27] j8 : cryptokeeper: maintenance margin includes the next funding [2017-01-25 19:10:38] cryptokeeper : roger that [2017-01-25 19:10:40] arbitrage101 : easier to rob the bread store than trade here [2017-01-25 19:11:35] Ugly_Old_Goat : cryhptokeeper those kind of traders eventually lose everything and help feed all my little goats [2017-01-25 19:12:08] Farzad : BitMEX_Greg: Yes I can see the fees here. I paid 800 satoshi for opening and received 200 satoshi for closing. seems I made 400 satoshi profit which makes it -200 satoshi total loss. [2017-01-25 19:12:47] Farzad : it was a test trade by the way [2017-01-25 19:12:53] Farzad : I am testing some strategies [2017-01-25 19:13:04] sleger : failed [2017-01-25 19:13:04] Farzad : dont like to test on testnet [2017-01-25 19:13:04] BitMEX_Greg : Farzad: Sure no problem, just let us know if you have any other questions or where to find information on the site [2017-01-25 19:13:30] Ugly_Old_Goat : PayDay in 45 minutes [2017-01-25 19:13:30] Farzad : BitMEX_Greg: Thanks bro :) [2017-01-25 19:13:55] cryptokeeper : Ugly_Old_Goat: indeed. [2017-01-25 19:13:59] arbitrage101 : ya bro, pay day [2017-01-25 19:14:23] cryptokeeper : ya we get the funding rate is going to hit.. enough about it already lol [2017-01-25 19:14:23] j8 : it's not pay day if you get paid three times a day [2017-01-25 19:14:35] cryptokeeper : we dont need 15 minute time checks [2017-01-25 19:14:37] arbitrage101 : pay hour [2017-01-25 19:14:54] arbitrage101 : let me check my funding history [2017-01-25 19:15:13] Ugly_Old_Goat : Wow! PayDay three times a day! I love it! [2017-01-25 19:15:14] Farzad : all shorts close your positions in 43 minutes, so they dont get paid :p [2017-01-25 19:15:47] Ugly_Old_Goat : Farzad they can't do that unless we got to a $10 premium [2017-01-25 19:15:54] arbitrage101 : Got around 64 usd in the last 3 funding period [2017-01-25 19:15:59] VenCap : Farzad: mine willl be closed not paying any more tax aka bash on head with baseball bat [2017-01-25 19:16:03] arbitrage101 : enough for food, and rent [2017-01-25 19:16:17] arbitrage101 : but not honey [2017-01-25 19:16:18] Ugly_Old_Goat : At which time I will be a seller and buy March if it is at a good discount [2017-01-25 19:16:40] VenCap : i amsurprsied no one dumps to kill the people wo are long [2017-01-25 19:16:53] arbitrage101 : VenCap: chinese new year effect [2017-01-25 19:17:00] rapidgains : trade quarterly if you don't like funding [2017-01-25 19:17:00] arbitrage101 : dont ruin the mood [2017-01-25 19:17:03] cryptokeeper : Farzad: lol [2017-01-25 19:17:37] Ugly_Old_Goat : I am happy just to sit on this ugly olld ass and get paid, but whatever your shorts want to do is fin e with me [2017-01-25 19:18:48] Ugly_Old_Goat : 40 minutes to payday [2017-01-25 19:19:32] arbitrage101 : we want bread! [2017-01-25 19:19:35] arbitrage101 : we want bread [2017-01-25 19:21:44] cryptokeeper : I want pizza not bread [2017-01-25 19:22:54] rapidgains : so, is nogano rekt for good [2017-01-25 19:23:18] arbitrage101 : what happen to him [2017-01-25 19:23:27] -_- : who has that big whale wall on quarterly [2017-01-25 19:23:32] arbitrage101 : usually preach his religion here [2017-01-25 19:23:37] rapidgains : lol [2017-01-25 19:24:42] cryptokeeper : -_-: where [2017-01-25 19:25:02] -_- : xbth17 [2017-01-25 19:25:09] -_- : down to 59942 though [2017-01-25 19:25:58] cryptokeeper : do profits/losses realize immediately like the perp contracts? Or you have to wait until contract date is settled? [2017-01-25 19:26:09] cryptokeeper : obviously losses would [2017-01-25 19:26:59] Battlebots : Good morning my sweet friends. [2017-01-25 19:28:47] Battlebots : For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. [2017-01-25 19:30:10] -_- : cryptokeeper: all realize as soon as you close [2017-01-25 19:30:23] cryptokeeper : -_-: thanks [2017-01-25 19:34:04] Farzad : anyone knows how can I get "Unrealised PNL" of all open positions from API ? [2017-01-25 19:34:10] Ugly_Old_Goat : 35 minutes to payday [2017-01-25 19:34:24] Ugly_Old_Goat : 25 minutes to PayDay! [2017-01-25 19:35:13] airitout : can someone mute/ban ugly_old_goat? [2017-01-25 19:38:21] Ugly_Old_Goat : Promise to pay me and I will stfu [2017-01-25 19:40:51] -_- : ignore feature should be coming in the next big update i hope [2017-01-25 19:42:08] cryptokeeper : yeah its getting annoying and old [2017-01-25 19:42:14] cryptokeeper : just like ugly old goat [2017-01-25 19:42:25] cryptokeeper : hey you gonna give us check points once it resets too? [2017-01-25 19:46:12] Ugly_Old_Goat : Hey fellas, they call this the troll box. It is for trollls [2017-01-25 19:46:52] Ugly_Old_Goat : If you don't like trolls go to redit [2017-01-25 19:47:57] rapidgains : don't have to be an arse to be a troll [2017-01-25 19:49:22] Ugly_Old_Goat : Look, I am Ugly and Old and a Goat on top of that. [2017-01-25 19:50:19] sleger : oh wow [2017-01-25 19:50:35] sleger : funding has been canceled until the end of the month !! you guys saw that in the announcement in the blog ? [2017-01-25 19:50:55] BitMEX_Sam : :gun: [2017-01-25 19:51:18] Ugly_Old_Goat : And as for my arse I have chronic diarrhea and in need of a Depends change [2017-01-25 19:53:26] rapidgains : okcoin orderbooks are sad [2017-01-25 19:54:14] arbitrage101 : sleger: my kids need to eat ! [2017-01-25 19:54:27] arbitrage101 : think of the children [2017-01-25 19:54:33] sleger : arbitrage101: have you thought about getting a job instead ? [2017-01-25 19:54:40] arbitrage101 : nope [2017-01-25 19:54:45] sleger : or not procreating if you cant do that [2017-01-25 19:54:46] rapidgains : dump them [2017-01-25 19:54:59] rapidgains : send funds to bitmex [2017-01-25 19:55:16] Ugly_Old_Goat : But on the plus side I have 3 beautiful ladies who change my Depends [2017-01-25 19:55:38] Ugly_Old_Goat : And its time for a change! [2017-01-25 19:55:53] BitMEX_Sam : Try being funnier if you're going to troll [2017-01-25 19:56:16] cryptokeeper : lol [2017-01-25 19:56:33] Rado : sleger: remember that someone need to lose so we can make money [2017-01-25 19:56:57] Ugly_Old_Goat : Wel I only wear special designer Depends with yellow btc happy faces inside and out [2017-01-25 19:57:29] sleger : what sam said, you use too much % of the trollbox for your degree of (non) funniness [2017-01-25 19:57:31] Ugly_Old_Goat : My three ladies love the happy faces [2017-01-25 19:58:20] Ugly_Old_Goat : And on rare ocassions theire is a surprise inside [2017-01-25 19:58:24] cryptokeeper : ABANDON SHIP [2017-01-25 19:58:36] cryptokeeper : shes about to blow yarrrr [2017-01-25 19:58:36] rapidgains : this chat is cringe [2017-01-25 19:58:45] Ugly_Old_Goat : But that is increasingly rare, cause I am really really old [2017-01-25 19:58:45] cryptokeeper : rapidgains: totally [2017-01-25 19:59:30] Ugly_Old_Goat : pay day in 30 seconds [2017-01-25 19:59:39] cryptokeeper : have fun with your pocket change [2017-01-25 19:59:42] Battlebots : Ugly Old Goat how is your relationship with Jesus Christ? [2017-01-25 20:00:13] Battlebots : It is not what goes in the mouth that defiles.. but what comes out. [2017-01-25 20:00:30] Battlebots : There are things that come out of your mouth that I wouldn't even touch. [2017-01-25 20:02:53] Baseballman : Anyone follow a guy named Clif High at halfpasthuman.com? Some interesting thoughts on BTC... [2017-01-25 20:03:17] BTCDJS : :bitmex: @Battlebots Please delete your account immediately [2017-01-25 20:03:38] Ugly_Old_Goat : Battlebots: You are indeed blessed that you do not poop your pants, I am sure yours does not stink either. This UglyOldGoat is a poor misirable sinnedr. One of His from whom He died and paid the price. [2017-01-25 20:03:48] BTCDJS : Damn! I knew that wouldnt last long [2017-01-25 20:04:36] BitMEX_Greg : Battlebots: Placing a chat ban. @Ugly_Old_Goat You are being warned also [2017-01-25 20:04:42] BTCDJS : <bitmex> [2017-01-25 20:04:54] BTCDJS : ?bitmex? [2017-01-25 20:05:03] BTCDJS : {bitmex} [2017-01-25 20:05:16] BTCDJS : #bitmex# [2017-01-25 20:05:23] -_- : doesnt work any more BTCDJS [2017-01-25 20:05:33] BTCDJS : Fun spoiled [2017-01-25 20:05:37] -_- : they caught on to us [2017-01-25 20:05:49] Ugly_Old_Goat : So sad, too bad [2017-01-25 20:07:12] MikeHunt : as this goes up, ppl dump [2017-01-25 20:07:19] MikeHunt : there is no incentive to pump [2017-01-25 20:07:37] BTCDJS : MikeHunt: trade something else [2017-01-25 20:08:02] BTCDJS : My AMZN long is doing well on 1Broker [2017-01-25 20:08:10] BTCDJS : So is GBPUSD [2017-01-25 20:08:21] Ugly_Old_Goat : Thank you for your support, Next payday in 8 hours [2017-01-25 20:08:57] BTCDJS : Waiting for a dip in TSLA then Im entering a long [2017-01-25 20:09:43] BTCDJS : Ugly_Old_Goat: You sir are a DRIP [2017-01-25 20:12:15] Ugly_Old_Goat : BTCDJS: Yes, I am a sad case of humanity if I was human, but alas I am just an Ugly Olld Goat [2017-01-25 20:12:55] Ugly_Old_Goat : With chronic diarrhea at that [2017-01-25 20:21:18] MikeHunt : BTCDJS: careful with GBP, might dump again [2017-01-25 20:22:12] Papou : does bitmex tell you like a total realized PNL? [2017-01-25 20:23:36] MikeHunt : BTCDJS: thnx for tip, 1broker looks interesting [2017-01-25 20:23:44] MikeHunt : Papou: including fees? [2017-01-25 20:24:23] BTCDJS : noganoo: youve been warned. so has the goat. Do whatever floats your boat [2017-01-25 20:25:32] BTCDJS : lol [2017-01-25 20:25:43] BTCDJS : you are crackers mate [2017-01-25 20:26:54] j8 : aand he's gone [2017-01-25 20:27:20] BitMEX_Greg : Word of warning everyone: Anyone who is consistently off topic gets a chat ban [2017-01-25 20:27:26] BTCDJS : I AM LOVING THIS NEW BITMEX TROLLBOX [2017-01-25 20:27:38] BTCDJS : Thanks Greg [2017-01-25 20:27:47] BTCDJS : ? [2017-01-25 20:28:30] BitMEX_Greg : You're welcome. We don't want religious discussions here, this is a Bitcoin derivatives platform. If you want to shoot the shit about anything else, go hassle reddit [2017-01-25 20:28:44] BTCDJS : Ugly_Old_Goat: Youre next [2017-01-25 20:29:26] BitMEX_Greg : He has been warned already [2017-01-25 20:33:54] MikeHunt : BTCDJS: gbp on weekly looks like rising wedge [2017-01-25 20:34:12] Ugly_Old_Goat : Ok fellas good stuff here about bitcoin and other alts https://twitter.com/ToneVays but I really want to educate as well as have fun, both are possible [2017-01-25 20:34:12] BTCDJS : MikeHunt: Never mind all that [2017-01-25 20:35:59] Ugly_Old_Goat : I can pull readers but always the risk offense, so I am out of here. Good luck and trading to you all [2017-01-25 20:36:42] BTCDJS : MikeHunt: 260% profit so far. Have stops set. Using Moving averages. I dont really take triangles too seriously [2017-01-25 20:36:51] BTCDJS : they are just lines [2017-01-25 20:37:28] BitMEX_Greg : Ugly_Old_Goat: We do not mind some off-topic conversations, but if a number of traders are starting to complain and you are consistently off-topic then that is when chat bans are introduced. Noganoo has pushed the limits with us several times already. [2017-01-25 20:37:34] BTCDJS : Ugly_Old_Goat: Not offended. Just be cool. Come back soon [2017-01-25 20:40:00] Ugly_Old_Goat : Jokes Jokes Jokes Jokes [2017-01-25 20:41:02] BTCDJS : I said be cool. Not lame [2017-01-25 20:43:23] airitout : Ugly_Old_Goat: go to btc-e, you'll find your kind over there. [2017-01-25 20:48:31] REKT : Liquidated long on `ETC7D`: sell 100 @ 0.001439 [2017-01-25 20:48:31] REKT : Liquidated long on `ETC7D`: sell 1500 @ 0.001439 [2017-01-25 20:49:06] REKT : Liquidated long on `ETC7D`: sell 300 @ 0.001434 [2017-01-25 20:49:31] REKT : Liquidated long on `ETC7D`: sell 14894 @ 0.001429 [2017-01-25 20:49:31] REKT : Liquidated long on `ETC7D`: sell 32 @ 0.001431 [2017-01-25 20:50:09] Noobz : woah [2017-01-25 20:55:52] -_- : i knew etc was gonna dump [2017-01-25 20:56:12] cryptokeeper : it really didnt dump that much [2017-01-25 20:56:47] -_- : that is true [2017-01-25 21:02:21] MikeHunt : wen btc dies everything else does too [2017-01-25 21:02:32] MikeHunt : there is no uncorrelated hedge to btc in altcoins imo [2017-01-25 21:02:39] MikeHunt : at least in the long term [2017-01-25 21:06:14] BTCDJS : MikeHunt: Youre over thinking. Bitcoin isnt going to die [2017-01-25 21:06:35] MikeHunt : BTCDJS: wasnt being serious [2017-01-25 21:06:38] MikeHunt : dies not die [2017-01-25 21:06:38] MikeHunt : lol [2017-01-25 21:06:44] MikeHunt : dies = crash [2017-01-25 21:06:49] MikeHunt : = bear market [2017-01-25 21:06:50] MikeHunt : etc. [2017-01-25 21:07:49] -_- : gotta wait for the selloff to begin before declaring a bearmarket [2017-01-25 21:07:50] BTCDJS : MikeHunt: Just trade forex and stocks etc with BTC and make more BTC while BTC "dies" [2017-01-25 21:07:59] -_- : even then it's gotta break 5000 cny and stay under [2017-01-25 21:08:17] BTCDJS : Yeah we arent even close to a bear market [2017-01-25 21:08:43] BTCDJS : Just a retrace. And the market finding its feet without chinas manipulation [2017-01-25 21:09:14] -_- : yeah [2017-01-25 21:09:25] -_- : i think china will eventually act like bitstamp or bitfinex [2017-01-25 21:09:54] -_- : few biggish orders both sides of the price filled with many smaller orders to fill the gaps [2017-01-25 21:22:16] bingbongfly : wut what happened to ETC? [2017-01-25 21:22:28] bingbongfly : should have expected this drop [2017-01-25 21:22:33] bingbongfly : huge pump, then slow drop [2017-01-25 21:22:37] bingbongfly : rinse repeat [2017-01-25 21:22:41] bingbongfly : ridiq, market [2017-01-25 21:23:11] bingbongfly : only thing that will save my long on ETC would be BTC dropping by a few hundred dollars [2017-01-25 21:40:02] -_- : haha [2017-01-25 21:40:07] -_- : longing the top like a true pro [2017-01-25 21:41:11] -_- : if 6250 cny breaks then we will see if the buyers can eat up to 6300 cny. funnn [2017-01-25 22:18:16] Tetsuo : Wow, no1 futures holder on okcoin right now has 380000 contracts, short. Would be a nice spike if he gets margin called.... [2017-01-25 22:19:19] Tetsuo : for the noobs: 1 contract= 100$ on okc [2017-01-25 22:20:43] Tetsuo : either he is an insider and knows about terrible things that are going to happen or is he is just a bit crazy [2017-01-25 22:21:16] lockhedge : or a miner hedging [2017-01-25 22:21:35] bingbongfly : Tetsuo: he is not short mate, show me proof [2017-01-25 22:21:42] Noobz : or a saudi prince spending some pocket change [2017-01-25 22:21:45] -_- : cant short on okcoin.cn so they short on okcoin.com instead [2017-01-25 22:22:03] -_- : proof? [2017-01-25 22:22:16] Tetsuo : bingbongfly: why do you think there is such a huge negative premium???... https://www.okcoin.com/future/futureTop.do?type=0&symbol=0 [2017-01-25 22:22:17] bingbongfly : no1 future holder on woodchippr is almost 40k BTC long, close to bottom too. that spike if he would get margincalled [2017-01-25 22:22:19] -_- : quarterly is $43 below index [2017-01-25 22:22:27] bingbongfly : Tetsuo: he is long : https://www.the woodchipper.com/future/futureTop.do?type=0&symbol=0 [2017-01-25 22:22:29] -_- : try doing that while being 380k contracts long [2017-01-25 22:22:31] bingbongfly : probably long + short [2017-01-25 22:22:36] bingbongfly : mostly long imo [2017-01-25 22:22:54] bingbongfly : but he would never get margincalled I believe [2017-01-25 22:22:58] Tetsuo : massive negative premium leads to the conclusion that he is short [2017-01-25 22:22:58] bingbongfly : not if he's rich enough [2017-01-25 22:23:04] bingbongfly : Tetsuo: no it doesnt lol [2017-01-25 22:23:08] -_- : then who the f is shorting $40 below index so this whale can long and come settlement time profit [2017-01-25 22:23:19] bingbongfly : Tetsuo: it just means sentiment is bearish and ppl selling, doesnt mean he is short [2017-01-25 22:25:48] Tetsuo : Top trader sentinemnt actually index says that 57% are long,, which means that one big whale is creating the massive premium [2017-01-25 22:31:46] Papou : because this market is about to fail [2017-01-25 22:32:12] Papou : wait until shorts outgrow longs [2017-01-25 22:32:14] Papou : then it falls [2017-01-25 22:32:22] Papou : its propped up by majority long [2017-01-25 22:32:28] bingbongfly : Tetsuo: it's 50/50 lol [2017-01-25 22:32:30] MikeHunt : i think friday will trigger it [2017-01-25 22:32:38] bingbongfly : Papou: yea, agree [2017-01-25 22:32:39] Papou : https://www.okcoin.com/future/futureTop.do?type=1&symbol=0 [2017-01-25 22:32:39] MikeHunt : okc 7 day dump [2017-01-25 23:13:50] brojo : what index does xbt follow here [2017-01-25 23:19:42] BitMEX_Sam : brojo: http://bitmex.kaiko.com/ [2017-01-25 23:19:58] BitMEX_Sam : The index is OKC Intl & Bitstamp [2017-01-25 23:31:30] -_- : discount only $22 now. people are taking advantage and longing [2017-01-25 23:31:47] -_- : open contracts up 200,000 on xbth17 [2017-01-25 23:39:36] Ugly_Old_Goat : Good Afternoon Ladies & Gentlemen: Time for a new joke [2017-01-25 23:40:44] BitMEX_Sam : @Ugly_Old_Goat: It's a little tired, find something new [2017-01-25 23:43:02] Ugly_Old_Goat : Ok, then lets start with a good read and some fundamental research https://twitter.com/tuurdemeester [2017-01-25 23:43:54] Ugly_Old_Goat : I @BitMEX_Sam I wish I was a young handsome buck like you [2017-01-25 23:44:22] BitMEX_Sam : It's hard to be me, but someone has to be [2017-01-25 23:45:15] Ugly_Old_Goat : Lucky again, I 'm never hard anymore [2017-01-25 23:45:47] BitMEX_Sam : Sounds like you're having a rough night [2017-01-25 23:46:33] Ugly_Old_Goat : Actually no, My three beautiful ladies are here paid in full by the perp shorts [2017-01-25 23:48:04] Ugly_Old_Goat : Looks like March lost $10 against perp [2017-01-25 23:48:06] Ugly_Old_Goat : Long over due [2017-01-25 23:48:42] Ugly_Old_Goat : Should got to 20-30 premium [2017-01-25 23:50:21] Ugly_Old_Goat : Perp should take our 930 and to to 950 before we get much selling [2017-01-25 23:51:15] Ugly_Old_Goat : That should also unwind the inverse spread [2017-01-25 23:52:17] Ugly_Old_Goat : That should read take out 930 and go to 950 [2017-01-25 23:53:18] Ugly_Old_Goat : Meanwhile the easy paydays should also come to an abrupt end and longs will again pay for the prvilege [2017-01-25 23:53:41] -_- : pump starting [2017-01-25 23:54:04] -_- : bears had their fun last few days [2017-01-25 23:54:29] Ugly_Old_Goat : Not a pump at all, just market adjusting to a weird situation [2017-01-25 23:54:30] -_- : dumping the price down $55 from the high [2017-01-25 23:55:29] Ugly_Old_Goat : The pump happened the first days in January, folllow by crash, followed by unwinding [2017-01-25 23:55:44] Ugly_Old_Goat : Will be back to normal soon, if there is a normal in btc [2017-01-25 23:56:01] REKT : Liquidated short on `XBTH17`: buy 9000 @ 873.22 [2017-01-25 23:56:29] Ugly_Old_Goat : We cannot go to 10,000 and let everyone that bot over 1,000 in without the btc baptism of fire [2017-01-25 23:57:06] -_- : china lost their ability to tank the price for no reason [2017-01-25 23:57:37] Ugly_Old_Goat : Most got wiped out Only strong will survive [2017-01-25 23:59:06] -_- : nothing holding 0kcoin quarterly down. just a bunch of small walls. yet $40 discount. need more bulls. where did they all go [2017-01-26 00:02:26] MikeHunt : -_-: all dead? [2017-01-26 00:02:48] -_- : some of them must have bailed and didnt long the dip and get rekt [2017-01-26 00:03:03] MikeHunt : like said, no major action til friday imo [2017-01-26 00:03:07] MikeHunt : okc weekly dump [2017-01-26 00:03:16] -_- : 0kcoin quarterly inching up [2017-01-26 00:03:32] MikeHunt : i think highest we'll go is 6350 imo [2017-01-26 00:03:44] herpinator : pump on? [2017-01-26 00:04:38] MikeHunt : not pump just regular capital flight buying lol [2017-01-26 00:05:03] MikeHunt : the pump died with no fees [2017-01-26 00:05:12] MikeHunt : only the japanese exchanges can rescue it now [2017-01-26 00:07:37] Ugly_Old_Goat : MikeHunt: that is where shorts start getting into truble, not much resistance until we pop well over 930, Minor resistance starting 950 [2017-01-26 00:08:51] -_- : once we see large market buys we know shorts are closing [2017-01-26 00:09:17] Ugly_Old_Goat : Meanwhile PayDay in 3 hours [2017-01-26 00:09:50] sleger : ^ ban this guy [2017-01-26 00:10:02] MikeHunt : i reckon goat = nog [2017-01-26 00:10:13] Ugly_Old_Goat : Do shorts get out now? Or waiit for the little dip after PayDay? [2017-01-26 00:10:53] herpinator : oh 1000 wall [2017-01-26 00:12:19] Ugly_Old_Goat : We should get a nice pop to 925 but this time it won't sell off [2017-01-26 00:13:31] REKT : Liquidated long on `XRP7D`: sell 500 @ 0.00000716 [2017-01-26 00:16:31] Ugly_Old_Goat : I am saying my goiodbuys to sub900 brc. Adiios amigo [2017-01-26 00:16:54] MikeHunt : Ugly_Old_Goat: aha! north mexican! [2017-01-26 00:17:16] REKT : Liquidated short on `XBTUSD`: buy 44 @ 895.39 [2017-01-26 00:17:32] abbey : the stage is yours REKT [2017-01-26 00:17:50] Ugly_Old_Goat : wtf is rekt? [2017-01-26 00:17:51] Chewie : u buying up the quarterly then? @Ugly_Old_Goat [2017-01-26 00:18:11] BitMEX_Greg : Ugly_Old_Goat: This is a bot that informs users of liquidations [2017-01-26 00:18:44] Ugly_Old_Goat : ??? then why buy sell recommendations? [2017-01-26 00:19:49] Ugly_Old_Goat : BitMEX_Greg: Is it explained anywhere? [2017-01-26 00:20:13] BitMEX_Sam : REKT? Nah, it's just a chat bot [2017-01-26 00:20:17] BitMEX_Sam : It's not an official part of BitMEX [2017-01-26 00:20:23] BitMEX_Sam : We don't run it. [2017-01-26 00:20:25] YOLOCOIN : milked the shorts through funding and now pump? ouch... [2017-01-26 00:20:41] Ugly_Old_Goat : Yup [2017-01-26 00:21:39] Ugly_Old_Goat : Will they stay an and hope for a dip after PayDay or stop the bleeding now? That is the question [2017-01-26 00:22:10] Ugly_Old_Goat : Have shorts by gonads and squeezing gently [2017-01-26 00:22:53] Ugly_Old_Goat : See Sally, I am not homophobic [2017-01-26 00:23:42] Ugly_Old_Goat : Final farewell to sub 900 spot [2017-01-26 00:23:43] BitMEX_Sam : As long as it's gently [2017-01-26 00:23:57] -_- : swap is pretty fucked. shorts pay out the ass only to watch this end in a pump [2017-01-26 00:24:16] Ugly_Old_Goat : Foreplay is always the most fun part [2017-01-26 00:24:42] YOLOCOIN : Ugly_Old_Goat: you know how to rub salt in wound breh [2017-01-26 00:24:46] herpinator : lol [2017-01-26 00:25:01] Ahhere : guise did we dump yet been busy not watchiny my long [2017-01-26 00:26:24] Ugly_Old_Goat : Your wounds are self inflicted, I was doing everything in my power to warn selllers of what had ato happen [2017-01-26 00:27:22] Ugly_Old_Goat : If the salt takes you will be a much better trader [2017-01-26 00:28:08] YOLOCOIN : i exited my short last night after realizing that the funding is BS [2017-01-26 00:28:50] Ugly_Old_Goat : Exactly that is my point of mocking shorts that payday is coming [2017-01-26 00:28:56] BitMEX_Sam : The funding is like basis swings, except you have 8 hours of warning; makes for interesting trades. [2017-01-26 00:29:37] Ugly_Old_Goat : PayDay should normally be for shorts, but we had a backward market waiting to get right again [2017-01-26 00:43:31] Ugly_Old_Goat : Just look at the charts. On Jan 4-5 longs paying huge funding . When premium went to 150 I sold out of everything.on exchanges. So shortswho sold sold at 1300 got paid all the way down. That is why we went to discount. Invcerse markets do not last long but sometimes go deeper than expected. Only trade here with deep pockets with cross and enough funding to ride a spike ddwn to 700. If you are not doing that you should not be here unless you want to pay AH's like me [2017-01-26 00:45:42] Ugly_Old_Goat : Yes, alfter I sold out over 1100 I started buying at 876 alll the way donw to 730 in March and if March goes to 730 I will be a ready buyer again, but that is history. I don't expect it but I am prepared should it happen. Reald, liisten and learn [2017-01-26 00:48:43] Ugly_Old_Goat : BitMEX_Sam: Exactly. But you need to make sure the newbies understand. I did not get it until my 100 btc positon got hit for 1 btc fudning fees in 24 hours. I Immediately liquidated and went to an exchange where funding was less. But if you want ot be long or short this is the place to be Againg, if you want btc the cheapest place is right here right now. [2017-01-26 00:49:29] Ugly_Old_Goat : Where else can you buy btc for 880 for March delivery? only here [2017-01-26 00:50:52] Ugly_Old_Goat : The spreaders are selling on the exchanges and buying here. That is essentially what I am dong but always keep long and only think btc and increasing my btc [2017-01-26 00:51:04] micmix : Ugly_Old_Goat: you don't buy btc here, you buy inverse future. profit in btc is much lower [2017-01-26 00:52:06] Ugly_Old_Goat : Agreed, you must buy btc elsewhere, but no reason to buy if you can increase btc here [2017-01-26 00:53:12] Ugly_Old_Goat : This exchange is made for hedging not buying and selling [2017-01-26 00:54:35] cryptokeeper : where is the link to the funding page again [2017-01-26 00:54:38] sleger : Ugly_Old_Goat: "Where else can you buy btc for 880 for March delivery? only here" true, it is at 865 on 0kc not 880 [2017-01-26 00:55:38] cryptokeeper : nvm found it [2017-01-26 00:55:38] Ugly_Old_Goat : I con't trade on OKc [2017-01-26 00:56:24] sleger : why not ? [2017-01-26 00:56:47] BombaUcigasa : He can't google "Free VPN" [2017-01-26 00:56:59] sleger : he's here though [2017-01-26 00:57:39] BombaUcigasa : Well, Arthur doesn't call you on the phone, but cute Chinese women do on OKCoin [2017-01-26 00:58:11] sleger : damn, they never called me :( [2017-01-26 00:58:26] micmix : BombaUcigasa: for some reason I always talk to a guy, "acccount executive" [2017-01-26 00:58:34] BombaUcigasa : That's because you never had profits to take out... [2017-01-26 00:59:04] Ugly_Old_Goat : Thanks for the info. Is OKcoin legit. What is the downside? [2017-01-26 00:59:06] BombaUcigasa : My friends all got called back by women [2017-01-26 00:59:30] micmix : total discrimination :-( [2017-01-26 00:59:36] sleger : i did fiat and btc withdrawal often and never had an issue [2017-01-26 00:59:56] micmix : ^^^ same here [2017-01-26 01:00:02] BombaUcigasa : Downside is expensive contract size, inconvenient contract size, slow execution/relay and crap term arbitrage [2017-01-26 01:00:38] BombaUcigasa : How do you hedge 50 bucks on margin? [2017-01-26 01:00:44] Ugly_Old_Goat : Well, this is a top notch exchange. I have done them all and this is the best [2017-01-26 01:00:52] BombaUcigasa : How do you hedge 50 bucks on 20X on okcoin? [2017-01-26 01:01:18] sleger : who cares about 50$ [2017-01-26 01:01:21] micmix : BombaUcigasa: why do you need do hedge $50??? [2017-01-26 01:01:35] Ugly_Old_Goat : Only thing is they too often do alts that deserve not attention and give credence to the alt scams [2017-01-26 01:01:37] sleger : if it moves 10% you make or lose 5$, big deal... [2017-01-26 01:02:05] BombaUcigasa : Because I receive arbitrary sums from people that need to be spent as dollars [2017-01-26 01:02:17] Ugly_Old_Goat : But as far as running an exchange , execution, deposits, withdrawals this place is the best [2017-01-26 01:02:25] sleger : and you cant risk losing 5$ ... ? [2017-01-26 01:02:28] BombaUcigasa : So if it's 450$, do I open 4 or 5 contracts? Because here I just open exactly 450 contracts [2017-01-26 01:02:40] sleger : you 'd open 4 contracts [2017-01-26 01:02:54] sleger : no need to pay fees on 5 [2017-01-26 01:02:56] Ugly_Old_Goat : Plus negative commisision for market making. The founder is a geniolus [2017-01-26 01:03:20] BombaUcigasa : Fees don't matter when you can exploit the premium [2017-01-26 01:03:21] Ugly_Old_Goat : And got this old goats attention [2017-01-26 01:03:36] Ugly_Old_Goat : BombaUcigasa: Yup [2017-01-26 01:04:18] Ugly_Old_Goat : I probably should not educate cause I am biting the hands that feed my family [2017-01-26 01:04:36] Avalanche : this is the best place to get liqudated very quickly [2017-01-26 01:04:57] Ugly_Old_Goat : Their is a learning curve to everything. You must expect to pay your dues to make it here [2017-01-26 01:08:26] Ugly_Old_Goat : Yes, I learned that first day.. I thinkg 100x is default. I only trade cross with a whole lot more behind it and a ready reserve to back it up. Even then I got sold out at 750 cause I did not have internet access and could not back my position. Had to by b ack in at 765 but got lucky and couble downed at 730. Again, this place is great but you must stay right on it. [2017-01-26 01:09:06] Ugly_Old_Goat : They should have their default at cross and let people add leverage if they want it [2017-01-26 01:10:16] Ugly_Old_Goat : It is the thin margined positions that create opportunity here. So I only trade here with what I believe is well funded positions [2017-01-26 01:12:53] Tetsuo : ~5000 BTC shorts opened@ Finex in the last 2 days. [2017-01-26 01:16:01] Ugly_Old_Goat : Buying March here and selling on Finex is good spread [2017-01-26 01:16:51] Ugly_Old_Goat : $20 in the bag with potential of another 20-40 [2017-01-26 01:17:41] Tetsuo : ADL in here could ruin your math [2017-01-26 01:18:59] YOLOCOIN : how much do you need to be able to arb like that? [2017-01-26 01:19:22] sleger : at least 1$ [2017-01-26 01:19:49] YOLOCOIN : to be able to make a profit i mean [2017-01-26 01:20:00] YOLOCOIN : realistically [2017-01-26 01:20:02] sleger : at least 1$ [2017-01-26 01:27:33] cryptokeeper : its a pain in the ass if you are doing smaller amounts [2017-01-26 01:28:16] cryptokeeper : 900 weeky [2017-01-26 01:28:32] abbey : nice [2017-01-26 01:33:50] Ugly_Old_Goat : two hours until payday [2017-01-26 01:34:12] cryptokeeper : tick tock [2017-01-26 01:34:30] Ugly_Old_Goat : sorry fellas but its time to squeeze those gonads a bit harder [2017-01-26 01:35:16] REKT : Liquidated short on `XBTUSD`: buy 9919 @ 900.09 [2017-01-26 01:35:16] REKT : Liquidated short on `XBTUSD`: buy 200 @ 900.30 [2017-01-26 01:35:18] -_- : nice pum,p [2017-01-26 01:35:20] -_- : 10/10 [2017-01-26 01:35:21] Ugly_Old_Goat : Still nice and orderly, no panic yet [2017-01-26 01:36:00] Ugly_Old_Goat : Do not need to pump this, shorts must cover and getting very uncomfortable [2017-01-26 01:36:52] Ugly_Old_Goat : We are heade to get me out at any price [2017-01-26 01:37:51] Ugly_Old_Goat : Market rising plus payday ahead, best of both worlds [2017-01-26 01:37:57] -_- : basically just 1 pump wall on 0kcoin moving the price up [2017-01-26 01:38:55] Ugly_Old_Goat : Waving bye bye to 900 btc, but can still see it in rear view mirror [2017-01-26 01:39:16] cryptokeeper : lol [2017-01-26 01:39:41] Ugly_Old_Goat : Goodbye my old friend [2017-01-26 01:52:06] YOLOCOIN : expecting it to go up quite a bit right before funding [2017-01-26 02:05:32] l3f : rapidtrades would short this dead cat bounce [2017-01-26 02:05:39] l3f : :^0