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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[2017-02-18 02:37:31] sleger : one guy lost 200-300 on one shot
[2017-02-18 02:37:41] sleger : short zec, poor guy
[2017-02-18 02:37:48] dodic : oof
[2017-02-18 02:38:14] sleger : there's been a few rekt for 500k-1000k contracts on swap or fut btc
[2017-02-18 02:38:21] sleger : that's not as bad though
[2017-02-18 02:38:32] Dynamix : We going to likr 1030s
[2017-02-18 02:38:40] sleger : likr yes
[2017-02-18 02:38:43] Dynamix : Good night got all longs
[2017-02-18 02:38:55] Dynamix : Good limuts
[2017-02-18 02:39:13] sleger : limuts are great
[2017-02-18 02:39:19] rapidtrades : talk eng everyone
[2017-02-18 02:39:49] sleger : are you a pure brit ? @rapidtrades
[2017-02-18 02:40:20] rapidtrades : im not british...
[2017-02-18 02:40:54] sleger : you live in uk though ?
[2017-02-18 02:40:58] dodic : he's north mexican
[2017-02-18 02:40:59] sleger : i thought you said you do
[2017-02-18 02:41:12] rapidtrades : no BTCJDS thinks I do
[2017-02-18 02:41:40] rapidtrades : I don't 'live' anywhere, been traveling for +2 years now
[2017-02-18 02:41:58] sleger : you said your nationality?
[2017-02-18 02:42:14] rapidtrades : nope :)
[2017-02-18 02:42:35] sleger : but you live in europe currently ?
[2017-02-18 02:43:12] rapidtrades : yes malta right now
[2017-02-18 02:43:21] sleger : malta, seriously ?
[2017-02-18 02:43:25] rapidtrades : yes
[2017-02-18 02:43:35] sleger : a lot of brokers are there, because less regulations
[2017-02-18 02:43:39] sleger : probably also no tax
[2017-02-18 02:43:53] sleger : apparently its also very pretty and cheap to live there, right ?
[2017-02-18 02:44:12] rapidtrades : yes tax is a bit funny....like there's 0 tax on money u don't repatriate in the country
[2017-02-18 02:44:31] rapidtrades : im not a resident here tho, only here for the winter
[2017-02-18 02:44:37] sleger : theres the same in the uk actually for first 35 months
[2017-02-18 02:44:40] rapidtrades : its not a bad place for traders i think
[2017-02-18 02:44:44] sleger : big tax loophole everyone rich uses
[2017-02-18 02:45:10] rapidtrades : its not cheap per say but cheaper then western europe
[2017-02-18 02:45:34] sleger : why not go to greece, probably cheap there ?
[2017-02-18 02:45:47] sleger : great weather, food....
[2017-02-18 02:46:02] rapidtrades : no eng and I don't like greek ppl
[2017-02-18 02:46:33] sleger : they induce you into shorting btc at 800
[2017-02-18 02:46:37] sleger : thats their problem
[2017-02-18 02:46:48] rapidtrades : no he's cool, i like him :)
[2017-02-18 02:47:39] sleger : yes he is cool, but i wouldnt listen to his advice
[2017-02-18 02:47:46] sleger : i know why he does what he does
[2017-02-18 02:47:46] REKT : Liquidated short on `XBTUSD`: buy 4444 @ 1051.03
[2017-02-18 02:47:55] sleger : but doesnt make sense
[2017-02-18 02:48:18] sleger : REKT: thanks mate, great job !
[2017-02-18 02:48:27] rapidtrades : what do u mean?
[2017-02-18 02:49:09] sleger : like not buying btc at 900 and having bids at 810 when he expected to hold until 2500$/btc
[2017-02-18 02:49:34] sleger : if you are hoping for 2.5x then dont try to risk 10% and miss the trade
[2017-02-18 02:49:44] sleger : just doesnt make sense
[2017-02-18 02:49:46] rapidtrades : yeah i don't like that style of trading too but plenty do it
[2017-02-18 02:50:02] sleger : its fine if you risk 100 to make 100
[2017-02-18 02:50:06] rapidtrades : i think if u gonna buy cheap u have to wait for bigger discounts
[2017-02-18 02:50:18] sleger : but if you want long term to make 1600 dont be gready for 100$
[2017-02-18 02:50:22] rapidtrades : yes...maybe buy at 50% or smth
[2017-02-18 02:50:52] rapidtrades : i think we're both waiting for the fundamentals to play out
[2017-02-18 02:51:10] sleger : im net short now
[2017-02-18 02:51:13] sleger : sorry net flat
[2017-02-18 02:51:23] sleger : still long quaterlies, short other stuff
[2017-02-18 02:51:31] sleger : long btc/usd
[2017-02-18 02:51:36] sleger : sorry long eth/usd
[2017-02-18 02:52:16] rapidtrades : im thinking if I should swap the swap for march...i'll lose my ADL spot from 880
[2017-02-18 02:52:26] rapidtrades : tough call
[2017-02-18 02:52:30] sleger : rapidtrades: dont do it
[2017-02-18 02:52:41] sleger : adl protection worth a lot
[2017-02-18 02:52:42] rapidtrades : but its free 1.6% lol
[2017-02-18 02:53:16] sleger : im keeping my short swap for a reason
[2017-02-18 02:53:34] sleger : even on a slow move up, i got adl 200+btc on xbCh17
[2017-02-18 02:53:37] rapidtrades : if we get bigger premium i will swap it...cos then u have that added buffer
[2017-02-18 02:53:45] sleger : never able to reenter at the same price
[2017-02-18 02:53:47] thxforyourbtc! : Whats ADL?
[2017-02-18 02:53:57] sleger : thxforyourbtc!: Anti Demon Lemon
[2017-02-18 02:54:03] sleger : very powerful shit
[2017-02-18 02:54:09] Tetsuo : lol
[2017-02-18 02:54:11] MikeHunt : thxforyourbtc!: https://www.bitmex.com/app/autoDeleveraging
[2017-02-18 02:54:36] rapidtrades : sleger: march is a lot more liquid then XBC tho
[2017-02-18 02:54:52] sleger : rapidtrades: they're both march
[2017-02-18 02:54:56] sleger : but yes
[2017-02-18 02:54:57] j8 : both are fine until the MM hits limits
[2017-02-18 02:54:59] thxforyourbtc! : can someone tldr for me?
[2017-02-18 02:55:05] j8 : then either way it's a ghost town
[2017-02-18 02:55:05] Tetsuo : no
[2017-02-18 02:55:09] sleger : but MM had hit its limit anyways
[2017-02-18 02:55:25] rapidtrades : I think at these premiums it doesn't seem like a good swap
[2017-02-18 02:55:35] sleger : thxforyourbtc!: can you tldr tldr ?
[2017-02-18 02:55:53] Sultan Pepper : thxforyourbtc!: how'd tou het that name?
[2017-02-18 02:56:03] Sultan Pepper : *you get
[2017-02-18 02:56:33] thxforyourbtc! : sleger: ever heard of google
[2017-02-18 02:56:38] thxforyourbtc! : sleger: lol
[2017-02-18 02:56:48] Sultan Pepper : thxforyourbtc!: what's a google?
[2017-02-18 02:57:01] Sultan Pepper : does it have ADL?
[2017-02-18 02:57:16] MikeHunt : sleger: http://www.coindesk.com/bitcoin-investor-roger-ver-to-push-for-okcoin-liquidation-in-court/
[2017-02-18 02:57:19] thxforyourbtc! : how do i turn off these damn popups when someone says my name
[2017-02-18 02:57:26] Sultan Pepper : thxforyourbtc!:
[2017-02-18 02:57:30] Sultan Pepper : thxforyourbtc!:
[2017-02-18 02:57:32] Sultan Pepper : thxforyourbtc!:
[2017-02-18 02:57:41] thxforyourbtc! : yo stop i cant type
[2017-02-18 02:57:50] Sultan Pepper : thxforyourbtc!: sorry
[2017-02-18 02:58:01] Sultan Pepper : thxforyourbtc!: i'll stop bro
[2017-02-18 02:59:00] micmix : sleger: I think MM reduced his limits on XBC bc he can't hedge on cny markets anymore
[2017-02-18 02:59:09] micmix : XBC is way too dangerous now
[2017-02-18 02:59:29] Sultan Pepper : thxforyourbtc!: http://lmgtfy.com/?q=Bitmex+adl
[2017-02-18 02:59:38] thxforyourbtc! : i found it man
[2017-02-18 02:59:46] sleger : micmix: yes agreed
[2017-02-18 02:59:53] sleger : but also things discount will go away
[2017-02-18 02:59:57] sleger : so want to be long
[2017-02-18 03:00:34] micmix : with your position sizes it's going to be hard to avoid ADL or re-enter after ADL
[2017-02-18 03:00:48] MikeHunt : sleger: i know u dont appreciate my links but u might want to look at the last one i posted regarding OKC USD liquidation
[2017-02-18 03:01:16] sleger : MikeHunt: dude its irrelevant
[2017-02-18 03:01:28] sleger : I-R-R-E-L-E-V-A-N-T
[2017-02-18 03:01:32] Tetsuo : it´s only abput 500k and not exchange relevant
[2017-02-18 03:01:33] sleger : i talked to star about it
[2017-02-18 03:01:49] Tetsuo : still okkorn sucks big time
[2017-02-18 03:02:02] sleger : exactly 500k, pocket monkey money (well not for @alejandromasari though)
[2017-02-18 03:02:10] sleger : Tetsuo: star rocks
[2017-02-18 03:02:22] Tetsuo : do you know him personally?
[2017-02-18 03:02:32] sleger : Tetsuo: not personally no, electronically
[2017-02-18 03:02:33] degen : I'm new to this site and haven't gotten ADL'd yet. At what profit/leverage does that usually happen?
[2017-02-18 03:02:44] Tetsuo : 100BTC+
[2017-02-18 03:03:29] MikeHunt : apparently OKC hasnt been responding to the legal stuff, so if they dont respond again, the whole company gets the chop, and everyone with a stake becomes a creditor
[2017-02-18 03:03:31] degen : dang
[2017-02-18 03:03:34] y1uy : Tetsuo: im sure its based on % not earnings..
[2017-02-18 03:04:18] MikeHunt : “[Then] their company in Hong Kong, that all their customers have an agreement [with], that all the customers trust with their money – regardless of who holds that money – the court is going to put them into liquidation and order all that money back and make everyone a creditor unless OKCoin actually shows up in court to settle this thing,” Kelman told CoinDesk.
[2017-02-18 03:04:46] sleger : MikeHunt: please....
[2017-02-18 03:04:50] sleger : you're a joke
[2017-02-18 03:04:53] sleger : talk to a lawyer
[2017-02-18 03:05:00] sleger : use your brain
[2017-02-18 03:05:15] sleger : do you really think a company like 0kc would risk it all for 500k DOLLARS ?
[2017-02-18 03:05:44] sleger : (sorry to be rude, but come on....)
[2017-02-18 03:05:58] MikeHunt : sleger: im just making u aware
[2017-02-18 03:06:01] rapidtrades : well the q is why didn't they fight it in court?
[2017-02-18 03:06:07] rapidtrades : and why aren't they responding?
[2017-02-18 03:06:09] MikeHunt : i figure u got a lot of money over there
[2017-02-18 03:06:26] rapidtrades : lot of things don't add up with that company
[2017-02-18 03:07:02] rapidtrades : sleger: what did he tell u?
[2017-02-18 03:07:55] MikeHunt : "Former OKCoin exec Changpeng Zhao later backed up Ver, going on to allege that the exchange inflated its trade volumes with bots and had manipulated the outcome of an audit conducted in August 2014."
[2017-02-18 03:08:04] sleger : "all good, we cooperating, we have dim sum lunch with regulators ahah then hot sake then girls"
[2017-02-18 03:08:20] sleger : MikeHunt: that part is true
[2017-02-18 03:08:20] MikeHunt : sleger: if they can move it to mainland then maybe
[2017-02-18 03:08:29] sleger : but that was 3y ago
[2017-02-18 03:09:04] rapidtrades : which part is true? the fake audit?
[2017-02-18 03:09:34] Sultan Pepper : How much is the BFX daily interest for lending?
[2017-02-18 03:09:44] MikeHunt : rapidtrades: u can find the article on coindesk
[2017-02-18 03:10:00] rapidtrades : i read the article, i posted a link here this morning
[2017-02-18 03:10:10] rapidtrades : like 14 hrs ago
[2017-02-18 03:10:41] sleger : rapidtrades: volume manipulation at the time, and audit, they didnt want to have to pay me the car
[2017-02-18 03:11:12] sleger : rapidtrades: usually he reposts them a week later, he is catching up now
[2017-02-18 03:11:55] sleger : btw i have done 4 withdrawals from 0kc futures today and 0 issue
[2017-02-18 03:13:03] sleger : i have another pro-tip
[2017-02-18 03:13:13] sleger : if i get 3 yesses then i say it
[2017-02-18 03:15:06] sleger : ok that's zero
[2017-02-18 03:15:30] sleger : expires in 15 minutes
[2017-02-18 03:15:44] rapidtrades : I wouldn't hold my breath :)
[2017-02-18 03:16:02] sleger : that doesnt count as a yes
[2017-02-18 03:16:11] sleger : malta, damn im jealous
[2017-02-18 03:18:04] sleger : ok nevermind not enough hype, maybe another day
[2017-02-18 03:19:30] rapidtrades : weather has been great this year
[2017-02-18 03:19:45] rapidtrades : was here two years ago and it rained every 2 day
[2017-02-18 03:20:02] rapidtrades : ppl say last year was cold
[2017-02-18 03:20:26] rapidtrades : so it's a bit inconsistent...u never know what's it gonan be like
[2017-02-18 03:22:04] sleger : i know its better than london
[2017-02-18 03:23:41] rapidtrades : yeah its great now but when it rains it can be awful
[2017-02-18 03:24:16] MikeHunt : still better than sub zero
[2017-02-18 03:24:22] MikeHunt : fucking UK weather
[2017-02-18 03:24:29] rapidtrades : its an island so nothing's stopping the wind, so u have strong winds spraying u with water, umrellas are useless and garbage bags flying all over the place
[2017-02-18 03:24:45] rapidtrades : they dont' like containers here
[2017-02-18 03:25:08] rapidtrades : they kinda leave them on the street to get picked up
[2017-02-18 03:26:09] Sultan Pepper : H17
[2017-02-18 03:26:51] sleger : Sultan Pepper: thanks
[2017-02-18 03:27:06] REKT : Liquidated short on `XBTUSD`: buy 2600 @ 1053.26
[2017-02-18 03:27:25] Sultan Pepper : sleger: sold 100?
[2017-02-18 03:27:43] sleger : bit more
[2017-02-18 03:27:57] sleger : 6k
[2017-02-18 03:28:03] Sultan Pepper : 1000
[2017-02-18 03:28:06] REKT : Liquidated short on `XBTUSD`: buy 4000 @ 1054.25
[2017-02-18 03:28:28] Sultan Pepper : That 1234 tho
[2017-02-18 03:28:50] rapidtrades : it just never ends does it
[2017-02-18 03:28:58] rapidtrades : the slow pump that goes on forever
[2017-02-18 03:29:18] Sultan Pepper : Its ending
[2017-02-18 03:29:55] rapidtrades : h17 hit 1075 but its not showing in recent trades?
[2017-02-18 03:30:19] Sultan Pepper : I didnt see it
[2017-02-18 03:30:19] micmix : it ends with ETF news
[2017-02-18 03:30:30] sleger : buy xbC people, so cheap, im doing it
[2017-02-18 03:30:56] rapidtrades : no way, not buying chiynoya
[2017-02-18 03:31:16] sleger : buy now or buy later
[2017-02-18 03:31:25] Sultan Pepper : sleger: i want to trust you
[2017-02-18 03:32:26] sleger : you can
[2017-02-18 03:32:31] micmix : rapidtrades: I don't see 1075 on H17, highest I sold was 1073
[2017-02-18 03:33:09] rapidtrades : ok tnx
[2017-02-18 03:33:14] YOLOCOIN : bitstamp illiquid POS
[2017-02-18 03:33:29] YOLOCOIN : how can these 2 shit exchanges be our index?
[2017-02-18 03:33:41] Tetsuo : plz YOLO
[2017-02-18 03:33:45] rapidtrades : micmix: are u net selling? or just moving stuff around
[2017-02-18 03:33:47] Sultan Pepper : sleger: i bought 100 :D
[2017-02-18 03:33:54] sleger : 100 btc ?
[2017-02-18 03:33:56] sleger : why ?
[2017-02-18 03:33:59] sleger : you crazy ?
[2017-02-18 03:34:05] Sultan Pepper : Noooooo way
[2017-02-18 03:34:11] Sultan Pepper : 100 contracts
[2017-02-18 03:34:21] sleger : h17 ?
[2017-02-18 03:34:22] Sultan Pepper : 0.0015 btc
[2017-02-18 03:34:28] Sultan Pepper : xbc
[2017-02-18 03:34:35] sleger : 100 contracts is not 0.0015
[2017-02-18 03:34:44] micmix : rapidtrades: sold 2/3 of H17 position, net flat
[2017-02-18 03:35:05] sleger : micmix: no more 0kc quaterly ?
[2017-02-18 03:35:30] Sultan Pepper : sleger: w/ cross lvg of 3.64?
[2017-02-18 03:35:41] micmix : very small long on quarterly left
[2017-02-18 03:35:46] sleger : I still have almost 2/3 of my long, i'm surprisingly following the whale....
[2017-02-18 03:36:10] Sultan Pepper : sleger: .1383 btc
[2017-02-18 03:36:21] rapidtrades : WHALE WARS
[2017-02-18 03:37:07] micmix : was getting a bit uncomfortable with amount of capital on okc, I'm risk-averse
[2017-02-18 03:38:27] sleger : we all are, but i think its all cool in choyna
[2017-02-18 03:39:04] BitMEX_Arthur : OKC quarterly is basically flat basis now, going to be a violent short squeeze
[2017-02-18 03:39:39] rapidtrades : yeah, right
[2017-02-18 03:40:28] sleger : rapidtrades: yo uagree ?
[2017-02-18 03:40:45] sleger : want to squeeze some shorts ?
[2017-02-18 03:41:05] rapidtrades : i was being sarcastic
[2017-02-18 03:41:11] rapidtrades : i dont' follow the logic
[2017-02-18 03:41:26] rapidtrades : how does flat basis lead to short squeeze
[2017-02-18 03:41:34] sleger : well one guy still has to buy 20m$ worth ok 0kc quaterlies
[2017-02-18 03:41:57] sleger : will he manage to do it without moving the price ?
[2017-02-18 03:42:00] sleger : suspense.....
[2017-02-18 03:42:01] rapidtrades : its flat basis tho, he can hold until settlement
[2017-02-18 03:42:14] rapidtrades : doesn't lose anything
[2017-02-18 03:42:23] BitMEX_Arthur : Yeah but he sold at a big discount, so the MTM is painful right now
[2017-02-18 03:42:39] sleger : and other people are just arbers, they will hedge during settlement
[2017-02-18 03:43:01] rapidtrades : maybe he's a miner
[2017-02-18 03:43:01] sleger : plus price move higher means there would be a large >0 premium without him
[2017-02-18 03:43:03] micmix : I should start doing more here, it's safer even though basis swings are not as large
[2017-02-18 03:43:54] sleger : I still think he created the discount, not really sold into it
[2017-02-18 03:44:01] rapidtrades : didn't have a way to hedge after the margin ban so dumped it on futures
[2017-02-18 03:44:02] DorianWhack-A-Moto : /sentiment
[2017-02-18 03:44:05] trollbot : Sell/Buy Ratio Sentiment Hourly: 24.27/75.73 Daily: 40.12/59.89 Weekly: 46.23/53.77 Monthly: 47.71/52.29
[2017-02-18 03:44:09] BitMEX_Arthur : What do you mean "created"
[2017-02-18 03:44:19] sleger : discount is his market impact
[2017-02-18 03:44:24] BitMEX_Arthur : Gotcha
[2017-02-18 03:44:34] BitMEX_Arthur : yeah he was a very motivated and scared hedger
[2017-02-18 03:44:40] sleger : if you sell 35m$ of future anywhere, you're going to leave a market impact for a while
[2017-02-18 03:44:54] micmix : that's what I think as well, never seen that much selling pressure on okc before
[2017-02-18 03:44:58] rapidtrades : its scary that liquidity is that low @sleger
[2017-02-18 03:45:07] rapidtrades : imagine what happens if ETF is approved
[2017-02-18 03:45:10] sleger : that or he had inside knowledge and bought other places and is actually >0 pnl
[2017-02-18 03:45:21] sleger : rapidtrades: ETF would bring huge liquidity
[2017-02-18 03:45:36] BitMEX_Arthur : From the conversations with some of the miners in china they are shit scared
[2017-02-18 03:45:47] sleger : not related, but there were "pre-arranged" 20m$ trade on eth happening on gemini
[2017-02-18 03:45:58] odieoh : scared that the ETF will be approved?
[2017-02-18 03:46:01] sleger : eth is going to be a bigger deal, I told you already
[2017-02-18 03:46:04] rapidtrades : BitMEX_Arthur: further action or for their locked monies?
[2017-02-18 03:46:46] BitMEX_Arthur : They are afraid they are next for "meetings" with the regulators
[2017-02-18 03:46:58] sleger : miners dont make sense when we will have a good POS coin like eth will be, wasted money
[2017-02-18 03:47:26] sleger : wont work at first, couple of forks and then all good ;)
[2017-02-18 03:47:26] BitMEX_Arthur : sleger: so do you think ETH will get above 10% market share
[2017-02-18 03:47:32] rapidtrades : btw do u know if Yuan withdrawals are proceeding smoothly? apparently foreigners can't withdraw from CNY sites @BitMEX_Arthur
[2017-02-18 03:47:44] odieoh : Oh. The old, Guess who's coming to dinner, the PBOC with a van and handcuffs."
[2017-02-18 03:47:49] sleger : my bet 6 months ago was that eth market cap will be > btc market cap in 18 months @BitMEX_Arthur
[2017-02-18 03:47:57] BitMEX_Arthur : rapidtrades: Depends on the operator
[2017-02-18 03:48:11] rapidtrades : sleger: that's hard to belive
[2017-02-18 03:48:20] BitMEX_Arthur : I only trade on BTCC in China but haven't done so in months
[2017-02-18 03:48:26] sleger : BitMEX_Arthur: so yes im behing on my bet as of now, and probably wont make it but i still think its a good bet
[2017-02-18 03:48:43] BitMEX_Arthur : Why do you like ETH more than BTC?
[2017-02-18 03:48:44] rapidtrades : BitMEX_Arthur: which are having problems?
[2017-02-18 03:48:46] thxforyourbtc! : sleger: seriously?
[2017-02-18 03:49:17] BitMEX_Arthur : I think it's a case by case basis depending on who you are
[2017-02-18 03:49:36] rapidtrades : ah of course....its china after all :)
[2017-02-18 03:49:38] sleger : BitMEX_Arthur: I like both, I just think long term eth has more chance of not being blocked by gvts, also POS will be VASTLY superior to POW once the early issues will be resolved
[2017-02-18 03:49:54] sleger : and btc has bad reputation with govts, eth doesnt and wont
[2017-02-18 03:50:00] etoque : oh
[2017-02-18 03:50:07] etoque : there's a trollbox here,hello fella
[2017-02-18 03:50:39] Sultan Pepper : etoque: hi, welcome
[2017-02-18 03:51:22] startChat : sleger: governments like proof of Vitalik
[2017-02-18 03:51:27] BitMEX_Arthur : sleger: What's your view on the ETF approval
[2017-02-18 03:51:30] sleger : bitcoin does have early mover / gold storage / govt escape money / ex wife divorce money advantage, but might not keep it forever
[2017-02-18 03:51:40] sleger : ETF I cant say anything
[2017-02-18 03:51:51] rapidtrades : BitMEX_Arthur: what do u think about the whole story 'we have to pause withdrawals to implement AML' legit or excuse?
[2017-02-18 03:52:31] BitMEX_Arthur : rapidtrades: they are fighting for their lives, they will do whatever it takes to curry favour with the pboc, there is no law in china accept what the party says,, and that changes rapidly
[2017-02-18 03:52:33] sleger : let the market bets speak for ETF approval
[2017-02-18 03:53:13] odieoh : Is the ETF even on the chinese traders' radar?
[2017-02-18 03:53:30] j8 : sleger: no opinion on the prediction market? that's boring
[2017-02-18 03:53:44] sleger : odieoh: check the chinese trollbox
[2017-02-18 03:53:48] rapidtrades : BitMEX_Arthur: sounds scary as f*ck
[2017-02-18 03:53:56] BitMEX_Arthur : rapidtrades: it's china
[2017-02-18 03:54:00] sleger : j8: no , cant say anything
[2017-02-18 03:54:06] BitMEX_Arthur : Just have to roll with it
[2017-02-18 03:54:18] rapidtrades : dunno why china became a center for BTC exchanges, never made sense to me with all that political risk
[2017-02-18 03:54:26] sleger : cause miners
[2017-02-18 03:54:39] sleger : they mine ALL the coins
[2017-02-18 03:54:41] rapidtrades : miners came first right?
[2017-02-18 03:54:42] MikeHunt : rapidtrades: fake money
[2017-02-18 03:54:54] MikeHunt : 'free' electricity
[2017-02-18 03:55:02] BitMEX_Arthur : It's basically free
[2017-02-18 03:55:22] BitMEX_Arthur : the local governments love bitcoin, they get bribed and excess electricity gets used
[2017-02-18 03:55:32] odieoh : There were those poor dudes in Venezuela who got busted for stealing electricity to mine
[2017-02-18 03:55:36] BitMEX_Arthur : but local and central govt are always fighting with each other
[2017-02-18 03:56:04] MikeHunt : BitMEX_Arthur: if pboc can get exchanges to implement capital controls, surely that would be enough?
[2017-02-18 03:56:04] sleger : electricity black market ! send Elon Musk
[2017-02-18 03:56:29] BitMEX_Arthur : MikeHunt: who knows what the real motive is
[2017-02-18 03:56:59] MikeHunt : some suggest they fear its causing chinese to sell yuan and buy bitcoin, causing devaluation
[2017-02-18 03:57:00] sleger : BitMEX_Arthur: do you (bitmex) think you are safe in HK with respect to that ?
[2017-02-18 03:57:17] BitMEX_Arthur : sleger: yes, we aren't billionaire tycoons
[2017-02-18 03:57:23] BitMEX_Arthur : and we aren't chinese nationals
[2017-02-18 03:57:29] sleger : yes but you're in china territory
[2017-02-18 03:57:35] sleger : they arrested one of them there
[2017-02-18 03:57:44] BitMEX_Arthur : yes they arrested a chinese national in hong kong
[2017-02-18 03:57:53] BitMEX_Arthur : not an american
[2017-02-18 03:58:14] rapidtrades : arrested for what?
[2017-02-18 03:58:14] sleger : with trump they might think twice
[2017-02-18 03:58:25] sleger : having female bodyguards @rapidtrades
[2017-02-18 03:58:42] rapidtrades : 'bodyguards'?
[2017-02-18 03:58:43] BitMEX_Arthur : my friends used to see him at the pool with his female bodyguards and his kids
[2017-02-18 03:58:59] sleger : BitMEX_Arthur: did you ever hang out with li ka-shing ?
[2017-02-18 03:59:16] BitMEX_Arthur : no never met superman, i have met one of his grandsons
[2017-02-18 03:59:43] sleger : so no risk of HK exchanges getting raid by china ?
[2017-02-18 04:00:08] BitMEX_Arthur : no china isn't going to draw attention to hk status vis-a-vis china by going after bitcoin exchanges
[2017-02-18 04:00:13] BitMEX_Arthur : no upside
[2017-02-18 04:00:19] sleger : ok good to know
[2017-02-18 04:00:39] rapidtrades : they can still get raided by HK authorities :)
[2017-02-18 04:00:46] sleger : nah no risk
[2017-02-18 04:00:49] BitMEX_Arthur : hk doesn't give a fuck about bitcoin
[2017-02-18 04:01:20] rapidtrades : china didn't give a fuck until it gave a fuck
[2017-02-18 04:01:27] BitMEX_Arthur : as long as you don't try and do gambling type businesses that compete with the govt monopoly they don't really care what you do
[2017-02-18 04:01:42] rapidtrades : wtf....Arthur is not subject to censorship
[2017-02-18 04:01:45] BitMEX_Arthur : that's the only no no in hong kong
[2017-02-18 04:02:11] BitMEX_Arthur : rapidtrades: boss man privileges
[2017-02-18 04:02:11] sleger : I spoke to phil (finex) on the phone recently he was very confident they would pay everything back soon and be back where they were again, its crazy no lawsuit brought them down so far
[2017-02-18 04:02:36] BitMEX_Arthur : sleger: the cost of lawyers probably exceeds what people had on deposit
[2017-02-18 04:02:45] BitMEX_Arthur : and i'm sure they made side deals to the large traders
[2017-02-18 04:02:55] l3f : sleger: If bfx gets un-hacked shouldn't we be going 100x since it can only go up?
[2017-02-18 04:03:32] sleger : BitMEX_Arthur: possible but i dont think they did, because that would have exposed some people to criminal liabilities = us jail time
[2017-02-18 04:03:36] thxforyourbtc! : this march contract has chance to close at 2k max i think
[2017-02-18 04:04:09] thxforyourbtc! : decent chance
[2017-02-18 04:04:12] Sultan Pepper : thxforyourbtc!: why do you say that?
[2017-02-18 04:04:25] BitMEX_Arthur : sleger: maybe, i probably know less than you, i'm not one of their favourite people at the moment
[2017-02-18 04:04:25] thxforyourbtc! : etf approve could do it
[2017-02-18 04:04:30] thxforyourbtc! : i bet the farm
[2017-02-18 04:04:30] rapidtrades : sleger: what do they care, they already broke bankruptcy law
[2017-02-18 04:05:15] BitMEX_Arthur : i saw JLL at a recent bitcoin meetup, he seemed in good spirits
[2017-02-18 04:05:17] startChat : BitMEX_Arthur: can you and PGP please kiss and make up? it is embarassing. you guys could make beauty together
[2017-02-18 04:05:19] sleger : rapidtrades: "maybe" for us clients, but that hasnt been lawfully declared
[2017-02-18 04:05:58] BitMEX_Arthur : when you get buttfinessed it takes a while to heal :smirk:
[2017-02-18 04:06:28] rapidtrades : they'll mess up again
[2017-02-18 04:06:36] sleger : yes although in the end i got more than the deal I offered them and they refused to take
[2017-02-18 04:06:43] sleger : (sent by lawyer)
[2017-02-18 04:06:46] rapidtrades : there was no major penalty for their mistake, so they will learn nothing
[2017-02-18 04:07:21] BitMEX_Arthur : At the end of day it's up to the users, and it doesn't seem they care that much
[2017-02-18 04:07:31] sleger : BitMEX_Arthur: are you sure ?
[2017-02-18 04:07:35] sleger : i dont know
[2017-02-18 04:07:44] BitMEX_Arthur : the trading volumes speak to people not caring
[2017-02-18 04:07:46] sleger : but what would matter is USD ot BTC deposits
[2017-02-18 04:07:46] startChat : sleger: have u looked at volumes?
[2017-02-18 04:07:52] etoque : cmon give me some dash
[2017-02-18 04:07:58] sleger : BitMEX_Arthur: not volumes, if its all margin using bfx coins
[2017-02-18 04:08:06] sleger : startChat: read what im saying dummy
[2017-02-18 04:08:27] sleger : im talking REAL volume
[2017-02-18 04:08:28] j8 : i get the sense a lot of people never left
[2017-02-18 04:08:30] rapidtrades : they really don't care, i tried to get smth going but ppl here like to get assf*cked cos free market
[2017-02-18 04:08:54] BitMEX_Arthur : a lot of large guys i know even chinese guys who got burned are back trading there again
[2017-02-18 04:09:10] j8 : sleger: is bfx coin as margin really worse than something like etc though?
[2017-02-18 04:09:24] sleger : I stopped trading, spent some time talking through lawyers, then the price was too good , sold coins, withdrew USD tether to poloniex, and never traded again
[2017-02-18 04:09:41] sleger : j8: etc has real meaning, roger said it
[2017-02-18 04:10:07] startChat : sleger: dummy. leaving profit on the table over ideals
[2017-02-18 04:10:22] sleger : startChat: ideals ?
[2017-02-18 04:10:29] BitMEX_Greg : sleger: Would you trade there again at all if they pay back the debt?
[2017-02-18 04:10:29] rapidtrades : what profit?
[2017-02-18 04:11:02] sleger : BitMEX_Greg: well i took my 25% haircut since i sold my coins and withdrew, so wether they pay back or not doesnt matter anymore
[2017-02-18 04:11:11] rapidtrades : I would never trade there again unless everyone is gone from current team, under any circumstances
[2017-02-18 04:11:13] j8 : paying back the debt isn't really the point, they need to show competence
[2017-02-18 04:11:41] BitMEX_Greg : Sure, but people still argue their importance given their volumes
[2017-02-18 04:12:08] j8 : i watch the chart, not gonna lie
[2017-02-18 04:12:08] rapidtrades : no audit, noone was fired, no professional behavior
[2017-02-18 04:12:22] sleger : BitMEX_Greg: I also think that getting hacked once, doesnt mean much about getting hacked more in the future, so I dont think they are more risky than most other exchanges (your policy is an exception to that being all manual). But then I am rancorous so I will not trade there
[2017-02-18 04:12:23] rapidtrades : there's no sign anything was learned
[2017-02-18 04:12:51] sleger : not for some time. Same reason I reduced here
[2017-02-18 04:13:01] j8 : it was always a shitty platform with obvious problems
[2017-02-18 04:13:14] rapidtrades : yes it was shit
[2017-02-18 04:13:15] BitMEX_Greg : sleger: Yeah I am of the same attitude. My issues relate to the constant downtime (especially when market is volatile)
[2017-02-18 04:13:28] Papou : i dont undertstand why they are pumping this so hard when any big holder can just dump on it, i just feel its a waste of money rather than accumulate in consolidation...
[2017-02-18 04:13:40] Papou : crazies
[2017-02-18 04:13:41] BitMEX_Arthur : The issue is no other spot exchange has stepped up with margin trading and a decent trading engine
[2017-02-18 04:13:43] MikeHunt : Papou: west out for chinese blood?
[2017-02-18 04:13:49] Papou : looks like it
[2017-02-18 04:13:53] Papou : but its a waste of money
[2017-02-18 04:13:55] Papou : imo
[2017-02-18 04:14:01] MikeHunt : Papou: the alternative is china pumping west so that when china drops its a total blood bath
[2017-02-18 04:14:14] startChat : BitMEX_Arthur: you guys do it
[2017-02-18 04:14:14] Papou : maybe
[2017-02-18 04:14:15] Papou : who knows
[2017-02-18 04:14:23] Papou : i just dont see the logic pumping this over and over constantly
[2017-02-18 04:14:32] Papou : i mean free money sure but who is losing all of it
[2017-02-18 04:14:48] BitMEX_Arthur : startChat: Yeah but we are slightly different, we are purely a contracts exchange
[2017-02-18 04:14:54] MikeHunt : Papou: before china had margin so they could cause steep drops, thats been suppressed now by pboc
[2017-02-18 04:14:59] BitMEX_Arthur : We rely on spot exchanges to determine the value of bitcoin
[2017-02-18 04:15:01] startChat : BitMEX_Arthur: need bitfinex banks and your software
[2017-02-18 04:15:12] startChat : yes but spot
[2017-02-18 04:15:16] startChat : and margin
[2017-02-18 04:15:22] Papou : some pretty steep pumps now though
[2017-02-18 04:15:29] rapidtrades : with tokens now used as margin, finex has more ''USD'' then they ever had...they essentially created close to 70mil out of thin air
[2017-02-18 04:15:30] startChat : *p2p
[2017-02-18 04:15:31] sleger : BitMEX_Arthur: why doesnt gemini attract volume ?
[2017-02-18 04:15:44] rapidtrades : correct me if I'm wwrong but they claimed to only have 30mil at hack time
[2017-02-18 04:15:50] Papou : bitcoin should never had incorporated derivatives
[2017-02-18 04:15:52] MikeHunt : Papou: i think once china has caught up or in original position they will dump it
[2017-02-18 04:15:56] Papou : derivates is all money out of thin air
[2017-02-18 04:15:57] BitMEX_Arthur : sleger: Because it is almost impossible to get an account for non us
[2017-02-18 04:16:16] Papou : leverage and derivatives made bitcoin same shit as anything else
[2017-02-18 04:16:39] BitMEX_Arthur : I think we will see a regulated bank offer bitcoin and crypto trading within 18 months
[2017-02-18 04:16:48] startChat : +1
[2017-02-18 04:17:25] sleger : BitMEX_Arthur: isnt some bank already planning an eth debit card ?
[2017-02-18 04:17:38] BitMEX_Arthur : sleger: haven't heard that
[2017-02-18 04:17:43] sleger : santander ?
[2017-02-18 04:17:45] Papou : i dont see bitcoin being condoned by anyone imo when an anonymous stranger controlls 1/'20 of all
[2017-02-18 04:17:48] Papou : and distro is horrible
[2017-02-18 04:18:01] Papou : wealth distrubtion in bitcoin is same as the current world situation
[2017-02-18 04:18:30] BitMEX_Greg : sleger: I think they were looking at taking deposits in crypto weren't they?
[2017-02-18 04:18:33] y1uy : BitMEX_Arthur: do you think bitcoin will get approved for ETF?
[2017-02-18 04:18:35] sleger : something like that https://www.reddit.com/r/ethtrader/comments/53lljq/santander_vies_to_become_first_bank_to_issue_cash/
[2017-02-18 04:18:53] BitMEX_Greg : Right yeah I remember seeing that
[2017-02-18 04:18:59] sleger : y1uy: 36% chance according to market
[2017-02-18 04:19:22] sleger : BitMEX_Greg: I think ETH doesnt have the bad reputation btc does, and therefore will gain traction way more in next 1-2 years
[2017-02-18 04:19:39] BitMEX_Greg : Yeah I see the points
[2017-02-18 04:19:39] y1uy : sleger: yeah i saw
[2017-02-18 04:19:45] sleger : also a big coin with POS will just be vastly superior
[2017-02-18 04:19:53] MikeHunt : only issue with eth is the bailout
[2017-02-18 04:19:56] MikeHunt : socialism
[2017-02-18 04:19:56] MikeHunt : bad
[2017-02-18 04:19:56] BitMEX_Greg : Also they can ask daddy V to roll back the chain if needed, or just create another fork
[2017-02-18 04:20:05] sleger : MikeHunt: its part of the past
[2017-02-18 04:20:08] BitMEX_Greg : Can't really do that with BTC
[2017-02-18 04:20:34] MikeHunt : sleger: to me its an indicator of potential future behavior
[2017-02-18 04:21:22] sleger : BitMEX_Greg: well thats the kind of thing you can do when young. I would prefer they didnt (I didnt invest in that idiocy) but it also shows, we have control, we can reverse transactions and not let hackers walk away with your money
[2017-02-18 04:21:40] sleger : MikeHunt: they wont be able to do that with POS unless majority agrees with them
[2017-02-18 04:22:00] MikeHunt : sleger: thats a positive improvement then
[2017-02-18 04:22:00] BitMEX_Arthur : when are they supposed to switch to POS?
[2017-02-18 04:22:11] BitMEX_Greg : Yeah, as much as the true bitcoiners hate that ideology, that is what the regulators and banks want to see
[2017-02-18 04:22:17] sleger : BTW everyone should look into this coin coming up soon that saw all these problems before they even existed and solves them : TEZOS
[2017-02-18 04:22:32] sleger : BitMEX_Arthur: 1 year or so, a while
[2017-02-18 04:22:33] BitMEX_Arthur : when is the ICO?
[2017-02-18 04:22:45] sleger : BitMEX_Arthur: early Q2 i think they said
[2017-02-18 04:22:56] sleger : but it's an ICO when they are ready to go live
[2017-02-18 04:23:01] sleger : not an ICO to fund dev
[2017-02-18 04:23:20] MikeHunt : any idea when/where TEZOS can be bought?
[2017-02-18 04:23:28] MikeHunt : likely to show up polo/bitrrex firts?
[2017-02-18 04:23:47] sleger : I know the main dev guy, he is a VERY smart guy, he saw all the problems eth would have beforehand and built something that would solve those
[2017-02-18 04:23:55] BitMEX_Arthur : sounds like something we should launch a derivative on
[2017-02-18 04:24:01] BitMEX_Arthur : hehe
[2017-02-18 04:24:11] BitMEX_Arthur : thanks for putting that on my radar, going to do some dd
[2017-02-18 04:24:13] sleger : tezos is not ICO yet, but you will hear when they are
[2017-02-18 04:24:42] paper : hi guys, i'm pretty new to bitmex and it's the best exchange i've ever used
[2017-02-18 04:24:48] sleger : big difference to other ICO from what i can see is that ICO is just before go live and not a proof of concept
[2017-02-18 04:24:50] BitMEX_Arthur : paper: :thumbsup:
[2017-02-18 04:25:00] paper : )
[2017-02-18 04:25:09] BitMEX_Arthur : sleger: if there is sufficient hype we will list it like zcash
[2017-02-18 04:25:15] sleger : yes liquidity here is awesome recently @paper
[2017-02-18 04:25:54] paper : sleger: lol. you didn't bring that up b/c i was talking about liquidity earlier, right?
[2017-02-18 04:26:16] paper : coincidental, probably
[2017-02-18 04:26:47] sleger : BitMEX_Arthur: i dont think they try to hype it, zcash was just a hype and now its nowhere, i dont think that;s their objective. Downside is that they might be too perfectionist and most people wont get why its so good....
[2017-02-18 04:26:53] paper : no coincidence w/o coin
[2017-02-18 04:27:17] sleger : paper: no sorry no coincidence, i was just looking at h17 book, quite impressed with depth of book
[2017-02-18 04:27:55] paper : sleger: then actually yes coincidence :)
[2017-02-18 04:28:14] sleger : paper: indeed, thats what i meant
[2017-02-18 04:29:00] BitMEX_Arthur : there is some chinese coin that a bunch of people are talking about quantum or something
[2017-02-18 04:29:16] BitMEX_Arthur : i keep hearing about it, supposedly it's going to do a massive ico later this year
[2017-02-18 04:29:36] sleger : I'm so bad at ICOs in general :(
[2017-02-18 04:29:51] l3f : The only ICO I've bought was eth
[2017-02-18 04:29:54] l3f : Best decision
[2017-02-18 04:29:55] BitMEX_Arthur : sleger: just buy and sell 1 month after listing
[2017-02-18 04:30:02] sleger : i bought 5 btc of decent, i wish i didnt, dont even know why i did it
[2017-02-18 04:30:05] BitMEX_Arthur : i bet on average you will make money
[2017-02-18 04:30:22] l3f : BitMEX_Arthur: depends on how fast you can get the coin onto poloniex
[2017-02-18 04:30:25] j8 : the only one i bought was DAO and i arbed the future for 40%
[2017-02-18 04:30:27] sleger : you want my decent coin for 6 btc ? @BitMEX_Arthur
[2017-02-18 04:30:33] l3f : Look at that piece of crap PASC
[2017-02-18 04:30:38] l3f : pumped straight up on poloniex
[2017-02-18 04:30:43] BitMEX_Arthur : sleger: i don't buy shitcoins, i just create products on them
[2017-02-18 04:30:55] sleger : ^ smart guy
[2017-02-18 04:30:58] paper : i can see that my leverage keeps changing. even though i'm not making any trades (10.89x now, was 11.something earlier)...btcusd long. i intend for this to be a medium term trade instead of selling at resistance and so on, but i'm concerned about the deleveraging and if that will put me in danger. where/how can i learn more about this?
[2017-02-18 04:31:00] rapidtrades : BRUTAL
[2017-02-18 04:31:33] sleger : j8: buying DAO, you fool ?
[2017-02-18 04:31:45] sleger : i didnt touch that even with a 100ft poll
[2017-02-18 04:31:47] j8 : didn't you read the end of the sentence
[2017-02-18 04:31:56] BitMEX_Arthur : DAO was hilarious
[2017-02-18 04:32:09] sleger : j8: ah
[2017-02-18 04:32:19] sleger : yeah i just refused to trade that
[2017-02-18 04:32:23] y1uy : i dont understand how waves got so much funding
[2017-02-18 04:32:26] y1uy : and now chronobank
[2017-02-18 04:32:31] sleger : they shouldnt have saved all those idiots
[2017-02-18 04:32:33] y1uy : these people dont learn
[2017-02-18 04:32:34] sleger : they deserved it
[2017-02-18 04:32:47] l3f : I had a friend that hold all of his friends to buy eth
[2017-02-18 04:32:55] l3f : I think they all got DAO'd
[2017-02-18 04:32:55] BitMEX_Arthur : well the foundation put their rep on the line, they had to bail it out
[2017-02-18 04:32:58] paper : i'm on cross leverage btw
[2017-02-18 04:32:59] j8 : yeah i agree.. always wanted to cheer for etc even though i never had a position
[2017-02-18 04:33:06] l3f : told*
[2017-02-18 04:33:30] sleger : BitMEX_Arthur: yes but they should never have vouched for dao in the first place
[2017-02-18 04:33:34] sleger : wasnt their place
[2017-02-18 04:33:43] j8 : they all had money in it too eh?
[2017-02-18 04:33:49] paper : is there a support chatbox somewhere or something where i can ask questions about auto-deleverage?
[2017-02-18 04:33:57] MikeHunt : j8: apparently devs were financial involved
[2017-02-18 04:34:00] sleger : maybe, probably not that much @j8
[2017-02-18 04:34:09] BitMEX_Arthur : paper: https://www.bitmex.com/app/autoDeleveraging
[2017-02-18 04:34:11] sleger : MikeHunt: who cares about the devs, peasants
[2017-02-18 04:34:13] BitMEX_Arthur : read that