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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[2017-02-22 07:05:15] Alignment : im short ETH and XMR
[2017-02-22 07:05:30] Alignment : maybe i should short MAID too
[2017-02-22 07:06:29] Alignment : i like easy trades
[2017-02-22 07:08:42] ThruTheFloor : Guys, what happened to ATH?
[2017-02-22 07:08:48] ThruTheFloor : It looks like we're dropping again
[2017-02-22 07:11:02] Lybs : this is consolidation
[2017-02-22 07:11:17] Lybs : Relax
[2017-02-22 07:12:03] Sinterklaas : Alignment: short ZEC
[2017-02-22 07:12:14] Sinterklaas : like taking candy from a baby
[2017-02-22 07:12:29] zanza : Alignment: becasuie you are a gambler
[2017-02-22 07:12:34] ThruTheFloor : Lybs: I'm biting my fingers raw, there's blood
[2017-02-22 07:15:06] REKT : Liquidated long on `ZECH17`: sell 1 @ 0.025267
[2017-02-22 07:15:21] REKT : Liquidated long on `ZECH17`: sell 40 @ 0.025214
[2017-02-22 07:16:12] ThruTheFloor : O SHIT
[2017-02-22 07:25:47] ThruTheFloor : Fuck it, closed my long. Going short, 50x.
[2017-02-22 07:29:16] zanza : good luck on your gamble ThruTheFloor
[2017-02-22 07:31:26] Tetsuo : 0.375 in 12 h, suck on that longs
[2017-02-22 07:31:47] ThruTheFloor : ARGH THIS IS KILLING ME
[2017-02-22 07:39:18] etoque : lol
[2017-02-22 07:39:25] etoque : that why I stopped now
[2017-02-22 07:59:57] Sinterklaas : short ZEC
[2017-02-22 08:00:32] Sinterklaas : its a scam coin with zero usage, just got hyped very proffesional
[2017-02-22 08:00:52] Sinterklaas : its a bouncing dead lyon
[2017-02-22 08:06:09] RoftheN : ZEC is already dumped. Will get some action before the halving in 3 and half years
[2017-02-22 08:06:25] Tetsuo : Sinterklaas: i wouldn´t short any alt right now, at least not against BTC
[2017-02-22 08:06:59] Sinterklaas : RoftheN: @Tetsuo .77 btc since yesterday
[2017-02-22 08:07:11] Sinterklaas : but yeah i see your point
[2017-02-22 08:07:46] Tetsuo : Sinterklaas: i wouldn´t short any alt right now, at least not against BTC
[2017-02-22 08:10:20] Tetsuo : ups
[2017-02-22 08:23:48] ThruTheFloor : Man, if one of you had some technical insights or insider info, now would be the time to share.
[2017-02-22 08:24:05] ThruTheFloor : Consolidation or calm before the drop to 900...
[2017-02-22 08:42:18] Cryptonary : /wall
[2017-02-22 08:42:19] trollbot : BitFinex Wall: Asks: 1117.8 => [2626 Ƀ] (0%) <= 1147.8 Bids: 1087.3 => [1251 Ƀ] (0%) <= 1117.4
[2017-02-22 08:42:19] trollbot : BitStamp Wall: Asks: 1111.81 => [1190 Ƀ] (0%) <= 1141.98 Bids: 1081.12 => [527 Ƀ] (0%) <= 1111.50
[2017-02-22 08:43:00] ThatCEOGuy : /sentiment
[2017-02-22 08:43:02] trollbot : Sell/Buy Ratio Sentiment Hourly: 31.83/68.17 Daily: 43.78/56.22 Weekly: 43.36/56.65 Monthly: 47.56/52.45
[2017-02-22 08:47:01] DorianWhack-A-Moto : /joke
[2017-02-22 08:47:04] trollbot : My daughters favorite joke... What’s the difference between bird flu and swine flu? One requires tweetment, and the other requires oinkment.
[2017-02-22 08:47:27] ThruTheFloor : Lame
[2017-02-22 08:47:30] ThruTheFloor : /joke
[2017-02-22 08:47:35] trollbot : Donald Trump - "I'm not orange!" "Impeach."
[2017-02-22 08:47:42] aandy : ThatCEOGuy: whas the update
[2017-02-22 08:47:49] aandy : did u close some of ur position?
[2017-02-22 08:47:54] i3 : consolidation or we go down?
[2017-02-22 08:48:25] ThatCEOGuy : aandy: Not yet. At -75% at the moment, also slightly inebriated
[2017-02-22 08:48:36] ThruTheFloor : i3: Yes
[2017-02-22 08:48:39] ThruTheFloor : /joke
[2017-02-22 08:48:42] trollbot : Today I gave my seat to a blind lady on the bus, That's how I lost my job as a bus driver.
[2017-02-22 08:51:24] InvalidUser : (:
[2017-02-22 08:51:44] Tetsuo : we are going nowhere but down
[2017-02-22 08:51:46] i3 : ThruTheFloor: consolidation 1120?
[2017-02-22 08:52:03] ThruTheFloor : i3: Sure, why not?
[2017-02-22 08:52:18] i3 : I expect 1140-1150 today
[2017-02-22 08:55:06] JoMamustani : Hey, can sum one explain to me why there are 2 charts with different values for XBT? One is labeled March 31 and the other says perpetual swaps
[2017-02-22 08:55:34] ThruTheFloor : March 31 is a futures contract that expires... March 31st
[2017-02-22 08:55:46] ThruTheFloor : That's why the price is usually higher
[2017-02-22 08:56:20] JoMamustani : does the March 31 offer any benefit over the standard?
[2017-02-22 08:56:40] ThruTheFloor : JoMamustani: You can make money off the spread
[2017-02-22 08:57:31] JoMamustani : How?
[2017-02-22 08:58:14] .. : /price
[2017-02-22 08:58:15] trollbot : Bitstamp: 1100.00 (-1.12%)
[2017-02-22 08:58:15] trollbot : Bitfinex: 1111.3 (-0.2%)
[2017-02-22 08:58:15] trollbot : GDAX: 1112.47 (-0.67%)
[2017-02-22 08:58:16] trollbot : Kraken: 1107.14 (-0.67%)
[2017-02-22 08:58:16] trollbot : itBit: 1108.95 (0.13%)
[2017-02-22 08:58:17] trollbot : OKCoin: 1091.63 (0.09%)
[2017-02-22 08:58:29] ThruTheFloor : Looks like 1150 aint happening
[2017-02-22 09:01:04] paper : sure it will
[2017-02-22 09:01:28] i3 : ThruTheFloor: 1120-1125 easy I guess
[2017-02-22 09:01:30] paper : ppl don't buy dips just to never sell them
[2017-02-22 09:01:37] i3 : if we stay above 1100
[2017-02-22 09:02:00] ThruTheFloor : i3: We already dipped below
[2017-02-22 09:02:14] i3 : support is 1080
[2017-02-22 09:02:18] ThruTheFloor : paper: We might bit 1150 after we visit 960
[2017-02-22 09:02:20] i3 : so it's up to your views
[2017-02-22 09:02:28] paper : we went back and forth across 1000 and many other increments of 100 over and over. it's normal
[2017-02-22 09:03:00] paper : ThruTheFloor: lol. good luck w/ that
[2017-02-22 09:04:40] BarefootFlash : ThruTheFloor: Sounds great :D
[2017-02-22 09:04:59] ThruTheFloor : WE'RE ALL GONNA DIE
[2017-02-22 09:05:03] ThruTheFloor : THE END IS NIGH
[2017-02-22 09:05:20] BarefootFlash : Hahaha
[2017-02-22 09:05:20] ThruTheFloor : SELL YOUR BTC, $13 BY TOMORROW
[2017-02-22 09:05:26] ThruTheFloor : YOU HAVE BEEN WARNED
[2017-02-22 09:05:27] BarefootFlash : Someday ;)
[2017-02-22 09:06:00] RoftheN : 13?!!?!
[2017-02-22 09:06:14] BarefootFlash : Oh dang, payday was nice
[2017-02-22 09:06:15] ThruTheFloor : RoftheN: I SAID THE END IS NIGH
[2017-02-22 09:06:19] ThruTheFloor : THIS IS NO JOKE
[2017-02-22 09:06:21] paper : best trader i know of is crossing his fingers for not much lower than 1080 but concedes that dips are bought w/ open arms. he bought on last trip to lower 900's and doesn't see it returning
[2017-02-22 09:06:24] RoftheN : NIGH?
[2017-02-22 09:06:47] paper : thus, he might not get the chance
[2017-02-22 09:06:50] RoftheN : ~Why would it go below 1000 before ETF is rejected?
[2017-02-22 09:07:17] ThruTheFloor : RoftheN: WHY WOULD IT GO ABOVE 1000 BEFORE ETF IS APPROVED?
[2017-02-22 09:07:26] RoftheN : In anticipation
[2017-02-22 09:07:27] RoftheN : oh
[2017-02-22 09:07:28] BarefootFlash : Maybe if people start thinking it's going to get rejected
[2017-02-22 09:07:30] RoftheN : I guess I answered it
[2017-02-22 09:07:39] BarefootFlash : *more people
[2017-02-22 09:08:00] ThruTheFloor : ARGH
[2017-02-22 09:10:33] Cryptonary : /sentiment
[2017-02-22 09:10:36] trollbot : Sell/Buy Ratio Sentiment Hourly: 57.43/42.57 Daily: 42.91/57.09 Weekly: 43.39/56.61 Monthly: 47.56/52.44
[2017-02-22 09:10:48] paper : in other words, the ship has sailed for buying the 900's. he told me to and i slept on it. so you're not alone ;)
[2017-02-22 09:11:35] paper : hasn't even broken 1100 yet and even if it does it might not be by much
[2017-02-22 09:12:02] paper : you had to act quick to get that buy. orders in advance
[2017-02-22 09:13:00] paper : but whatev, i bought during crash to 160 :))
[2017-02-22 09:16:29] BarefootFlash : Payday gonna be nice today! :D
[2017-02-22 09:17:02] BarefootFlash : Just waiting.
[2017-02-22 09:17:04] paper : what, by trying to short a bull mkt? that's amateur shit
[2017-02-22 09:17:25] ThruTheFloor : What do?
[2017-02-22 09:17:38] BarefootFlash : Nah, got stuck in a short too early, so just sitting on it for now
[2017-02-22 09:17:48] BarefootFlash : We'll see what happens
[2017-02-22 09:19:10] paper : i've made and lost money shorting bull mkts but i avoid it now in an attempt to have some degree of discipline b/c it's a shit mindset to even have it on your radar
[2017-02-22 09:19:56] BarefootFlash : Wasn't on purpose, but gonna ride it out for now
[2017-02-22 09:20:06] ThruTheFloor : How did you do on accident>
[2017-02-22 09:20:09] BarefootFlash : Got out of a long way too early
[2017-02-22 09:20:33] BarefootFlash : Set my sell limit too low when it spiked a few days ago
[2017-02-22 09:20:35] paper : haha, rly? i placed a small mkt order earlier when i was trying to place a limit order :))
[2017-02-22 09:20:51] i3 : 1125 @noon CET
[2017-02-22 09:20:53] paper : leave multi-tasking to the women i suppose
[2017-02-22 09:20:56] i3 : (hope)
[2017-02-22 09:21:16] BarefootFlash : paper: I was sleeping, haha
[2017-02-22 09:21:43] paper : BarefootFlash: you trade in your sleep? or was it an order you'd set up
[2017-02-22 09:22:58] BarefootFlash : set up, yeah
[2017-02-22 09:23:26] BarefootFlash : When everything basically stopped moving for like a day, around 1060
[2017-02-22 09:23:48] BarefootFlash : Before the spike up to 1075 then 1100
[2017-02-22 09:24:52] BarefootFlash : paper: Oh dang, actually, now that I look at it, I've actually made back almost all of what I'm out from shorting...
[2017-02-22 09:24:58] BarefootFlash : On trading fees...
[2017-02-22 09:26:07] paper : i'm pretty new to mex. you can't literally trade fees here can you (there were fee tokens on mcxnow that are sort of like bfx tokens)
[2017-02-22 09:26:28] BarefootFlash : Crap. After the next two funding sessions, I'll be up from where I shorted...
[2017-02-22 09:26:37] BarefootFlash : That's freaking crazy...
[2017-02-22 09:26:52] narnarfromnarnia : where did you short from?
[2017-02-22 09:27:21] BarefootFlash : People trading on margins either pay or get fees, based on how far away and on which side of the index prices we're on
[2017-02-22 09:27:28] BarefootFlash : (as far as I've gathered)
[2017-02-22 09:27:29] JoMamustani : So the March 31 contract doesn't have swap fees?
[2017-02-22 09:27:33] BarefootFlash : Rights
[2017-02-22 09:27:36] BarefootFlash : Right*
[2017-02-22 09:27:40] Ahhere : MBGA
[2017-02-22 09:27:41] BarefootFlash : Only perp
[2017-02-22 09:28:28] BarefootFlash : narnarfromnarnia: Started at 1075, moved up to 1086 after the two knives I caught yesterday and the day before
[2017-02-22 09:28:39] JoMamustani : So why would anyone trade in perpetual swaps when March 31 eliminates those fees?
[2017-02-22 09:29:01] BarefootFlash : JoMamustani: Different reasons, I'm not sure of all of them though
[2017-02-22 09:29:36] BarefootFlash : I'm not anywhere near an expert.
[2017-02-22 09:30:10] JoMamustani : @BarefootFlash am I, am trying to learn, alot of this stuff is still way above my head
[2017-02-22 09:30:23] BarefootFlash : JoMamustani: Dude, same here
[2017-02-22 09:30:53] BarefootFlash : I've been able to glean a bit from the OG's though. They know a lot
[2017-02-22 09:31:54] JoMamustani : Only thing I can see is that the March 31 has an expiry date, which means that any positions that are open by then will be closed automatically
[2017-02-22 09:32:05] BarefootFlash : Right, there's that
[2017-02-22 09:32:44] BarefootFlash : A lot of the people who seem to know what they're doing use mar31 and perp together, to hedge
[2017-02-22 09:33:11] JoMamustani : BarefootFlash: yeah I still don't get how that works
[2017-02-22 09:33:30] paper : trading is like for sadomasochists
[2017-02-22 09:33:35] BarefootFlash : I'm not sure if people do this, but one idea I had was to keep a long- or mid-term position on one and do short-term trades on the other
[2017-02-22 09:33:42] BarefootFlash : paper: ++
[2017-02-22 09:33:44] JoMamustani : paper: I agree
[2017-02-22 09:33:47] BarefootFlash : paper: +
[2017-02-22 09:33:50] paper : i want consolidation but i hate it more than anything, for example
[2017-02-22 09:34:06] BarefootFlash : What is that? Stabalization?
[2017-02-22 09:34:07] paper : also, the whole barely ever sleeping when shit is getting real part
[2017-02-22 09:34:17] BarefootFlash : Oh dude, for realz
[2017-02-22 09:34:26] BarefootFlash : mos def
[2017-02-22 09:34:35] paper : BarefootFlash: yeah, when price levels out so that it doesn't just crash, basically. it can go on for days or longer
[2017-02-22 09:34:49] BarefootFlash : Why do you like that?
[2017-02-22 09:35:34] JoMamustani : I can't stay all day looking at stuff, my brain cirtuits will fry, I simply look at the pattern and make a prediction, put a stop loss and take profit limits and be done with it
[2017-02-22 09:35:34] paper : BarefootFlash: b/c it's necessary. you're not gonna go up more than a few hundred bucks or so w/o taking a breather first
[2017-02-22 09:36:05] paper : otherwise we'd just be pumping and dumping all the time and there would never be a 10kusd btc
[2017-02-22 09:36:09] BarefootFlash : paper: Ah, for the break?
[2017-02-22 09:36:23] BarefootFlash : Ah yeah, of course
[2017-02-22 09:36:36] BarefootFlash : So we can (maybe) actually start using it more
[2017-02-22 09:36:37] paper : do you mean break like "rest" or break like "breakout"?
[2017-02-22 09:36:51] BarefootFlash : Oh dang, yeah, haha, rest
[2017-02-22 09:37:46] paper : yeah, the rest is consolidating. sometimes it can be in a broad range after a big move up or down, but it's generally just the price bouncing around in a range before resuming the trend. in this case, resuming the bull trend ofc
[2017-02-22 09:38:29] BarefootFlash : Ahh, ok
[2017-02-22 09:38:36] paper : so in a nutshell, consolidation is what prevents crashing and allows for sky-high prices
[2017-02-22 09:39:00] BarefootFlash : So basically the horizontal market, right?
[2017-02-22 09:39:25] paper : yeah. you're looking at it right now :)
[2017-02-22 09:39:32] BarefootFlash : Sweet
[2017-02-22 09:39:42] BarefootFlash : That all makes sense, thanks
[2017-02-22 09:40:13] paper : np
[2017-02-22 09:41:25] JoMamustani : paper: so is it possible to have a stop market and take profit limit on the same order?
[2017-02-22 09:42:14] BarefootFlash : JoMamustani: Make sure to do stop limits, not stop markets
[2017-02-22 09:42:37] JoMamustani : In other words, I open a position, then add a take profit and stop limits to it?
[2017-02-22 09:42:40] BarefootFlash : You can set both at the same time
[2017-02-22 09:42:47] paper : not that i know of. i'm new to this specific exchange. i do things separately but i can see how it would be beneficial to tie things all into an order so the system treats's it as order-specific
[2017-02-22 09:43:13] BarefootFlash : As far as I can tell, you have to put them in separately
[2017-02-22 09:43:30] BarefootFlash : But as long as the contract size matches, it shouldn't matter
[2017-02-22 09:44:25] JoMamustani : right
[2017-02-22 09:44:34] JoMamustani : okay I guess still need to learn
[2017-02-22 09:44:34] paper : this exchange is unlike any i've used yet and is more complex than most, too. it can take a while to learn the nuances of an exchange
[2017-02-22 09:45:01] JoMamustani : Yeah it is complex, but the 100x leverage is very enticing
[2017-02-22 09:45:31] BarefootFlash : Also there's not a lot of the conveniences of say a stock exchange, but I've found some work arounds that act pretty similarly
[2017-02-22 09:45:52] paper : i've never used a derivatives exchange that has its traders impact the price
[2017-02-22 09:46:13] BarefootFlash : What do you mean?
[2017-02-22 09:46:21] BarefootFlash : trading fees?
[2017-02-22 09:46:29] paper : (the other type is called CDF)
[2017-02-22 09:47:26] paper : no, some exchanges allow you to simply speculate on the value of an asset w/o the actual asset being traded at all there to any extent
[2017-02-22 09:47:44] BarefootFlash : Hm, ok
[2017-02-22 09:47:50] JoMamustani : mkay
[2017-02-22 09:47:56] paper : so, for example, if you dumped 20 million btc, it wouldn't cause a liquidity spike. each coin would sell for same price
[2017-02-22 09:48:07] BarefootFlash : Ohhhh, ko
[2017-02-22 09:48:10] BarefootFlash : I can see that
[2017-02-22 09:48:21] BarefootFlash : Right, I can see the difference dthere
[2017-02-22 09:48:51] elmorte : paper: then who would be the counter party?
[2017-02-22 09:48:53] JoMamustani : Isn't that because the market capitalization for BTC is not as large as forex? So naturally whales have a greater impact on the prices?
[2017-02-22 09:49:45] BarefootFlash : I would imagine something to do with the fact that btc has value because of its backers. Normal fiat has value because of the country that backs it.
[2017-02-22 09:49:55] BarefootFlash : backers/holders
[2017-02-22 09:50:10] Phoenix.Ritt : paper: cfd
[2017-02-22 09:51:06] BarefootFlash : Contract for Difference, interesting
[2017-02-22 09:51:10] paper : elmorte: i'm not an expert in cfd's (thx phoenix) by any means but the exchanges have liquidity providers and of course charge fees. not sure on their business model.
[2017-02-22 09:51:48] elmorte : ok
[2017-02-22 09:52:20] paper : for example, btcc is supposedly a liquidity provider for simplefx and thus the price is pretty similar. just like how the price here is similar to the kaijun (sp?) index exchanges
[2017-02-22 09:52:52] paper : but yeah, i'm no expert, just sharing that w/ you
[2017-02-22 09:54:42] JoMamustani : I guess at 100x leverage there is not need for a stop loss limit, because the margin is so small, correct me if I'm wrong
[2017-02-22 09:54:58] paper : i'm not even too astute on how that index affects price here tho tbh
[2017-02-22 09:55:25] paper : i mean, we can affect the price, unlike on cfd's...yet there is also some index used, so wth
[2017-02-22 09:55:27] BarefootFlash : JoMamustani: You might still. I bet it helps some people
[2017-02-22 09:56:12] BarefootFlash : For example, if you're in profit, but think it might go further, just in case it doesn't, you could set a stop loss to exit the position while still in profit
[2017-02-22 09:56:15] JoMamustani : BarefootFlash: its just that at 100x leverage with the volatility of BTC, a wrong turn and you get liquiedated very quickly
[2017-02-22 09:56:41] JoMamustani : BarefootFlash: True dat
[2017-02-22 09:56:58] ross : Make Bitcoin great again
[2017-02-22 09:57:31] BarefootFlash : I haven't touched 100x yet though. Maybe after I get out of this short, I might try 100x with some super small size contracts, just to see how it goes
[2017-02-22 09:57:34] paper : i'm trading here and on simplefx at the same time and it's like two different worlds
[2017-02-22 09:57:44] BarefootFlash : paper: I bet
[2017-02-22 09:57:57] BarefootFlash : I'm on sfx too, but haven't really used it
[2017-02-22 09:57:59] paper : and two different currencies even
[2017-02-22 09:58:09] BarefootFlash : What're you trading there?
[2017-02-22 09:59:28] paper : b/c since the price of btc on there is tied to btcc, you're dealing w/ the cn prices that are disconnected from the outside world
[2017-02-22 09:59:44] JoMamustani : paper: yeah, simplefx is easier, but they calculate thing very differently
[2017-02-22 10:00:03] BarefootFlash : Ah
[2017-02-22 10:01:42] paper : JoMamustani: this and that have their strong points. for sure. this exchange is more badass, but i could live w/o the paranoia of liquidity spikes
[2017-02-22 10:01:55] JoMamustani : Just have to learn more, I think I will go with a really small amount of money as a trial run
[2017-02-22 10:02:08] paper : if i sell 100 btc, i don't want the price to move a noticeable amount
[2017-02-22 10:02:12] paper : for example
[2017-02-22 10:02:44] BarefootFlash : JoMamustani: Yes, do that
[2017-02-22 10:03:27] JoMamustani : paper: go with less leverage I guess
[2017-02-22 10:03:29] paper : i lost 16 btc here yesterday just from stopping out at a higher price than my buy price
[2017-02-22 10:03:38] paper : doesn't happen on cfd's
[2017-02-22 10:03:50] BarefootFlash : Oh crap
[2017-02-22 10:04:29] JoMamustani : 10x leverage for XBT is standard
[2017-02-22 10:04:41] JoMamustani : 100x for XBT is living on the edge
[2017-02-22 10:04:42] paper : i'm 10x
[2017-02-22 10:05:26] paper : well, start that way. but you're knocked down to 7x or so in no time:)
[2017-02-22 10:05:36] BarefootFlash : I've been sticking around 25x
[2017-02-22 10:06:05] paper : damn yo
[2017-02-22 10:06:10] BarefootFlash : but small contract sizes
[2017-02-22 10:06:15] paper : 10x alone keeps me up for days sometimes
[2017-02-22 10:06:23] paper : 25x would be seizures
[2017-02-22 10:06:28] BarefootFlash : Well, it sounds like you've got a lot more in it than I do
[2017-02-22 10:06:43] JoMamustani : 100x would require tranquilizers
[2017-02-22 10:07:40] JoMamustani : and lots of imodium so that you don't shit the bed
[2017-02-22 10:07:40] BarefootFlash : If I do 100x in the future, it's only going to be with like $10 or $20 at a time
[2017-02-22 10:07:53] BarefootFlash : Just for kicks, you know?
[2017-02-22 10:08:00] paper : 1000x would require a labotomy
[2017-02-22 10:08:05] BarefootFlash : ha...
[2017-02-22 10:08:08] BarefootFlash : crazy...
[2017-02-22 10:08:12] JoMamustani : BarefootFlash: thats what I'm thinking for starters
[2017-02-22 10:08:18] arbitrage101 : paper: you need to buy a crystal ball
[2017-02-22 10:08:25] paper : BarefootFlash: gotcha
[2017-02-22 10:08:31] JoMamustani : paper: 1000x is gambling
[2017-02-22 10:08:43] paper : arbitrage101: for what :)
[2017-02-22 10:08:53] arbitrage101 : for trading?
[2017-02-22 10:08:57] JoMamustani : then take some ambien before mental meltdown sets in
[2017-02-22 10:08:58] arbitrage101 : 20/20 hindsight
[2017-02-22 10:09:35] arbitrage101 : http://dnd.arkalseif.info/items/dungeon-masters-guide-v35--4/crystal-ball-true-seeing--303/index.html
[2017-02-22 10:09:40] paper : arbitrage101: yeah, for sure. and my second reaction to that was that maybe you meant crystal meth so you can stay up trading
[2017-02-22 10:09:55] paper : lolz
[2017-02-22 10:09:55] BarefootFlash : arbitrage101: Oh dang, yeah? D&D??
[2017-02-22 10:10:12] BarefootFlash : paper: Hahahahaha
[2017-02-22 10:10:17] BarefootFlash : Oh dang...
[2017-02-22 10:10:19] JoMamustani : yeah nice combination of meth and ambien, this is looking good
[2017-02-22 10:10:41] paper : wall streeters often take modafinil
[2017-02-22 10:10:47] paper : you can buy it w/ btc
[2017-02-22 10:11:04] arbitrage101 : paper: you work on wall street?
[2017-02-22 10:11:06] paper : so i've read
[2017-02-22 10:11:21] paper : nah
[2017-02-22 10:11:52] arbitrage101 : paper: you mean this one?
[2017-02-22 10:11:53] paper : but i've spent time in ny, everyone should at some point
[2017-02-22 10:11:54] arbitrage101 : https://www.youtube.com/watch?v=UTHlXb0PXh4
[2017-02-22 10:13:00] paper : arbitrage101: yeah epic movie for sure
[2017-02-22 10:13:28] BarefootFlash : paper: I want to live there for a bit, but not more than like a year or two
[2017-02-22 10:13:29] paper : i had a ukrainian girl compare me to leo from that movie, just b/c i use charts and stuff :/
[2017-02-22 10:13:49] BarefootFlash : Almost went there for my masters
[2017-02-22 10:13:58] paper : BarefootFlash: nyc is a drug and that drug is cocaine
[2017-02-22 10:14:05] BarefootFlash : Haha, dang
[2017-02-22 10:14:23] BarefootFlash : Wolf of Wall Street, yes...
[2017-02-22 10:14:33] BarefootFlash : crazy movie. I liked it
[2017-02-22 10:15:17] JoMamustani : Gotta jerkoff to stay focused
[2017-02-22 10:15:24] JoMamustani : and relaxed
[2017-02-22 10:18:54] paper : well, i did have a girl in ny tell me "everyone in this city has a vice" when i was there
[2017-02-22 10:19:54] paper : no one there gives a shit what you do
[2017-02-22 10:20:04] paper : reinvent yourself every fucking day
[2017-02-22 10:21:39] paper : i could live w/o trading china prices and western prices at the same time. it's so different now
[2017-02-22 10:21:59] paper : there was a premium/premium flips b4, but now it's just utterly disconnected
[2017-02-22 10:22:01] BarefootFlash : Do you do arbitrage at all?
[2017-02-22 10:22:14] paper : nah, derivatives only
[2017-02-22 10:22:18] BarefootFlash : ah, ok
[2017-02-22 10:22:31] BarefootFlash : they have derivatives on simplefx?
[2017-02-22 10:23:22] paper : yeah, that's what i was talking about. it's derivatives but of a different variety than here. users don't affect the price. plus price there is china price, as opposed to here. so totally different worlds
[2017-02-22 10:23:41] BarefootFlash : Ohh, ok
[2017-02-22 10:23:51] BarefootFlash : Margin?
[2017-02-22 10:24:20] paper : the bells and whistles here can be nice though. i made money in my sleep the other day by selling near res. and then buy stopping beyond that point
[2017-02-22 10:24:54] BarefootFlash : Nice
[2017-02-22 10:25:25] paper : margin at sfx? yeah, 10x. but in limited amounts. you have to use subaccounts if you want to have tons of coins on 10x, b/c account balance affects leverage limits
[2017-02-22 10:26:04] paper : sfx is basically a forex site w/ less bells and whistles.
[2017-02-22 10:26:25] BarefootFlash : Hm, I see
[2017-02-22 10:27:01] paper : but the major columnists use sfx charts as their reference price, so it's like for like if you want to make moves based on their calls
[2017-02-22 10:27:22] BarefootFlash : Ah
[2017-02-22 10:27:45] paper : but stamp is the gold standard and i understand that stamp price affects price here, so, there's that.
[2017-02-22 10:27:53] BarefootFlash : Right
[2017-02-22 10:27:57] paper : i don't really understand the nuances of this site yet tho
[2017-02-22 10:28:46] BarefootFlash : I feel like I'm starting to get the hang of it, slowly
[2017-02-22 10:29:48] paper : it's like, it tracks an index of exchanges ("kaiko" or something?) but then it also has price be affected by the users buying and selling, just like on most btc exchanges. so i don't really get it
[2017-02-22 10:30:21] BarefootFlash : Yeah
[2017-02-22 10:30:57] paper : as in, how can it be both? do market makers like, come in and make it resemble an index somehow or something? lol
[2017-02-22 10:32:02] BarefootFlash : Haha, I haven't thought about all that
[2017-02-22 10:32:45] BarefootFlash : I basically just treat it like a crazy hybrid of stock and currency trading
[2017-02-22 10:33:06] BarefootFlash : of which neither I'm super familiar with
[2017-02-22 10:34:18] paper : whoa, i just noticed the "btc etf" tab. what's that all about?
[2017-02-22 10:34:34] paper : is that a prediciton mkt?
[2017-02-22 10:34:34] BarefootFlash : No idea
[2017-02-22 10:35:03] BarefootFlash : Oh dang, what??? There's trades happening already???
[2017-02-22 10:35:24] BarefootFlash : Yep
[2017-02-22 10:35:30] BarefootFlash : Prediction futures
[2017-02-22 10:35:55] BarefootFlash : Wow, that's crazy...
[2017-02-22 10:35:58] paper : based on if the etf will exist? haha
[2017-02-22 10:36:24] BarefootFlash : Binary contract, 100 worth if it passes, 0 if it doesn't
[2017-02-22 10:37:32] paper : since it's a derivative, i can see how it would track the price of the etf, but just like w/ btc here, i don't get how it can both track the price of an external thing (i.e. be a derivative) but then also have the price crash all the fuck in every which way from ppl making trades
[2017-02-22 10:37:58] BarefootFlash : it doesn't track it
[2017-02-22 10:38:10] BarefootFlash : It's just to speculate on whether or not it will pass
[2017-02-22 10:39:06] BarefootFlash : https://www.bitmex.com/app/seriesGuide/COIN
[2017-02-22 10:39:11] BarefootFlash : Interesting idea
[2017-02-22 10:39:20] BarefootFlash : I had no idea they had something like this here, haha
[2017-02-22 10:40:15] paper : well in the states there's also solidx and i'm thinking one other, and nyc is the gold standard for etf stuff. but if sec doesn't pass it, why not just start one in london, hk, tokyo, zurich, frankfurt, singapore, etc.? why the fuck do we even need it to be a wall st. or nyse-related etf in the first place?
[2017-02-22 10:40:54] BarefootFlash : Yeah, I agree (limited knowledge, though)
[2017-02-22 10:41:01] paper : that's what i don't get. why it's new york or die concerning this shit
[2017-02-22 10:41:05] BarefootFlash : That's a really good question
[2017-02-22 10:41:19] BarefootFlash : Maybe other people just think it's a stupid idea, haha
[2017-02-22 10:41:35] BarefootFlash : That's really interesting...
[2017-02-22 10:41:42] BarefootFlash : Something I hadn't thought about
[2017-02-22 10:41:50] paper : you mean other countries think it's a stupid idea? or ppl think it's stupid to do it away from ny?
[2017-02-22 10:42:13] BarefootFlash : I'm just saying, maybe that's why other countries don't have similar things going on
[2017-02-22 10:42:20] BarefootFlash : I honestly have no idea
[2017-02-22 10:42:34] paper : ahhh. well, it's gotta be possible.
[2017-02-22 10:43:21] paper : the big wall st. firms are generally registered in the fucking virgin islands for christ's sake
[2017-02-22 10:43:32] BarefootFlash : Haha
[2017-02-22 10:44:32] REKT : Liquidated short on `XBTH17`: buy 200 @ 1137.73
[2017-02-22 10:44:32] REKT : Liquidated short on `XBTH17`: buy 4000 @ 1137.10
[2017-02-22 10:45:30] BarefootFlash : Hmm, bit of movement...
[2017-02-22 10:47:35] paper : yeah, china on the move too
[2017-02-22 10:47:59] BarefootFlash : Did you see where that started?
[2017-02-22 10:48:05] BarefootFlash : I didn't have the chipper open
[2017-02-22 10:48:24] BarefootFlash : Just saw finex moving up
[2017-02-22 10:48:27] paper : i was outside and i dont know what a chipper is
[2017-02-22 10:48:41] paper : is a chipper a site that lists the different exchanges?
[2017-02-22 10:48:49] BarefootFlash : Oh, sorry
[2017-02-22 10:49:06] BarefootFlash : woodchipper is the nickname here for o k c0in
[2017-02-22 10:49:11] BarefootFlash : I have no idea why
[2017-02-22 10:49:27] BarefootFlash : Took me a while to figure that one out
[2017-02-22 10:49:31] Hoppap : /price
[2017-02-22 10:49:31] paper : oh, i know that. but you called it "'a' chipper"
[2017-02-22 10:49:32] trollbot : Bitfinex: 1120.0 (0.78%)
[2017-02-22 10:49:33] trollbot : GDAX: 1118.49 (0.54%)
[2017-02-22 10:49:33] trollbot : Bitstamp: 1117.80 (1.62%)
[2017-02-22 10:49:33] trollbot : Kraken: 1118.46 (1.02%)
[2017-02-22 10:49:33] trollbot : OKCoin: 1095.07 (0.32%)
[2017-02-22 10:49:33] trollbot : itBit: 1112 (0.28%)
[2017-02-22 10:49:53] BarefootFlash : woodchipper is long, haha
[2017-02-22 10:49:59] paper : finex moves mkts more than chipper now as far as i know.
[2017-02-22 10:50:18] paper : just when finex started mattering again, they went and got hacked yesterday
[2017-02-22 10:50:22] paper : and i market closed
[2017-02-22 10:50:28] paper : and you know what happened?
[2017-02-22 10:50:28] BarefootFlash : they did?
[2017-02-22 10:50:30] paper : not shit
[2017-02-22 10:50:38] paper : price went up and i bought higher
[2017-02-22 10:50:41] paper : that's what happened
[2017-02-22 10:50:56] BarefootFlash : on Finex?
[2017-02-22 10:51:00] BarefootFlash : bitfinex?
[2017-02-22 10:51:08] paper : so i get rekt to some extent no matter what happens when they get hacked
[2017-02-22 10:51:34] paper : yeah, they were down, and you could see their cloudflare page and shit
[2017-02-22 10:51:44] BarefootFlash : oh crap
[2017-02-22 10:51:47] BarefootFlash : I didn't know
[2017-02-22 10:52:00] BarefootFlash : Might have been asleep
[2017-02-22 10:52:15] BarefootFlash : they're in Taiwan, right?
[2017-02-22 10:52:27] paper : didn't wreck the price but i closed almost all trades for a couple of hours
[2017-02-22 10:52:33] BarefootFlash : dang
[2017-02-22 10:53:06] paper : and watched trades in the red like a hawk, waiting to dump at a moment's notice
[2017-02-22 10:53:25] BarefootFlash : bleh, no fun
[2017-02-22 10:54:48] paper : there's nothing fun about btc. it's all just shit :))
[2017-02-22 10:54:59] BarefootFlash : Haha
[2017-02-22 10:55:12] BarefootFlash : Unless you triple up in a night
[2017-02-22 10:55:33] paper : hacking and stealing and lying and fudding and never sleeping and being antisocial and staring at a monitor going nuts
[2017-02-22 10:55:43] BarefootFlash : Hahaha
[2017-02-22 10:55:49] BarefootFlash : Yes, agreed
[2017-02-22 10:55:54] paper : that's our new world-changing currency
[2017-02-22 10:56:09] BarefootFlash : until the price stabilizes at least
[2017-02-22 10:56:18] paper : ;)
[2017-02-22 10:56:21] BarefootFlash : then we can actually start using it, hahaha
[2017-02-22 10:56:46] Trading : We offer our Investors higher returns for your fixed term investment, paying 5% dividends on your investment bimonthly, that's an amazing 30% return per annum No other investment on the market at the moment can compete with Bitcoin as an invest vehicle
[2017-02-22 10:59:49] paper : i've got my sells on simplefx set for mid-upper 1400's. let's see if that comes true before the announcement
[2017-02-22 11:00:01] BarefootFlash : Oh dang, nice
[2017-02-22 11:00:21] BarefootFlash : Yeah, that's something I intend to do more of, setting really long term limits like that
[2017-02-22 11:00:37] BarefootFlash : at the expected extremes
[2017-02-22 11:00:42] paper : my main mentor seems to think it's likely in the cards w/in a couple of weeks, which sort of blew me away
[2017-02-22 11:01:06] BarefootFlash : what, that the price will go way up as we get closer?
[2017-02-22 11:01:49] paper : yeah, he's a guru who works in private w/ another guru. they each have their own areas of expertise
[2017-02-22 11:02:00] BarefootFlash : makes sense to me
[2017-02-22 11:02:27] paper : he's a traditional TA guy and works in private w/ an elliot wave expert
[2017-02-22 11:03:08] paper : he's long from the 400's long term and medium term is long from the recent spike down to the 900's
[2017-02-22 11:03:17] BarefootFlash : No idea what elliot wave is, but sounds legit
[2017-02-22 11:03:17] Trading : if anyone wants a brochure emailed to them on Bitcoin Currency just send me your email and phone number and i will email you a brochure
[2017-02-22 11:03:26] BarefootFlash : Dang, nice
[2017-02-22 11:04:15] paper : BarefootFlash: it's basically chart ping-pong in which each line is denoted by a letter. used for long-term predictions and takes years to master
[2017-02-22 11:04:33] BarefootFlash : Wow
[2017-02-22 11:04:58] BarefootFlash : Yeah, I have a break after this week. Planning to study a bit of TA
[2017-02-22 11:05:09] BarefootFlash : Really interesting stuff
[2017-02-22 11:05:22] paper : BarefootFlash: if interested, masterluc and chessnut are the two btc-related EW guys i know of
[2017-02-22 11:05:40] paper : BarefootFlash: but EW is not the end-all, be all by any means
[2017-02-22 11:05:57] BarefootFlash : Yeah, looks like there's tons of styles
[2017-02-22 11:06:02] BarefootFlash : /techniques
[2017-02-22 11:06:06] paper : BarefootFlash: two that i know of that have an internet presence, that is. my guy gets advice from someone off the radar
[2017-02-22 11:06:10] BarefootFlash : the graphs just look crazy
[2017-02-22 11:06:22] BarefootFlash : Ah
[2017-02-22 11:08:26] BarefootFlash : Hm, I wonder how many people are selling to get out of trading fees
[2017-02-22 11:09:32] paper : not sure how that works (selling to get out of fees)
[2017-02-22 11:09:59] BarefootFlash : Oh, people on margin (perp only) have fees to think about, too
[2017-02-22 11:10:04] paper : i try to hold a trade for at least several days at a time tho so maybe not relevant to me
[2017-02-22 11:10:11] Trading : you can buy bitcoin from a bitcoin mining company
[2017-02-22 11:10:27] paper : BarefootFlash: sure, that's what i trade w/, perp swap
[2017-02-22 11:10:28] BarefootFlash : when the bitfmex price is far away from the index price there's a bigger fee
[2017-02-22 11:10:41] paper : BarefootFlash: oh no shit
[2017-02-22 11:10:43] paper : damn
[2017-02-22 11:10:55] BarefootFlash : if it's higher, like right now, then long positions pay to the short positions
[2017-02-22 11:11:11] paper : BarefootFlash: i think i'll just ignore this mostly and trade as though there were no fees at all
[2017-02-22 11:11:27] BarefootFlash : so, I'm getting paid for having a short position, by all the people who have long positions on margin
[2017-02-22 11:11:41] odieoh : At's right baby, pay me bitches!
[2017-02-22 11:11:57] paper : BarefootFlash: and vice-versa i presume?
[2017-02-22 11:12:01] BarefootFlash : yep yep
[2017-02-22 11:12:22] BarefootFlash : but, since I've been on here (maybe a week or two now) it's almost always the longs paying the shorts
[2017-02-22 11:12:36] odieoh : in a bull market anyway
[2017-02-22 11:12:38] garbageboy : I'm fucked up, just bought my 10btc long
[2017-02-22 11:12:38] paper : BarefootFlash: okay, then that's a mechanism for having price be dictated by both the index and by the exchanges done on the site
[2017-02-22 11:12:45] micmix : BitMEX_Jinming, BitMEX_Wally: please ban the scammer @Trading "We offer our Investors higher returns for your fixed term investment, paying 5% dividends on your investment bimonthly, that's an amazing 30% return per annum"
[2017-02-22 11:13:10] BarefootFlash : paper: I think the idea is to try to keep the price close to the index price
[2017-02-22 11:14:15] odieoh : Yeah, ban those f*ckers- any respectable BTC scammer would offer at least 50% returns!
[2017-02-22 11:14:34] paper : BarefootFlash: sure, which is good. b/c when a btc veteran gives advice, the price he gave is probably similar here and you can trade on it
[2017-02-22 11:14:44] MrWade : /price
[2017-02-22 11:14:44] trollbot : Bitfinex: 1118.6 (-0.13%)
[2017-02-22 11:14:44] trollbot : Bitstamp: 1115.00 (-0.25%)
[2017-02-22 11:14:45] trollbot : GDAX: 1118.17 (-0.03%)
[2017-02-22 11:14:45] trollbot : OKCoin: 1095.77 (0.06%)
[2017-02-22 11:14:45] trollbot : Kraken: 1118.04 (-0.04%)
[2017-02-22 11:14:45] trollbot : itBit: 1114.39 (0.21%)
[2017-02-22 11:15:11] BarefootFlash : Yeah, so the market here isn't just craaaaaaazy because of so much leverage
[2017-02-22 11:15:16] paper : BarefootFlash: or should i say economics guru
[2017-02-22 11:15:18] BarefootFlash : I'm just guessing
[2017-02-22 11:15:24] BarefootFlash : heheh, yeah
[2017-02-22 11:16:03] paper : BarefootFlash: what do you mean? also crazy b/c of the incentivized buys and sells you were just referencing?
[2017-02-22 11:16:38] BarefootFlash : I mean, I could see how things could get way out of hand working with so much leverage here
[2017-02-22 11:17:02] garbageboy : all in baby
[2017-02-22 11:17:14] BarefootFlash : as in the price here being way far off from any echange, just because there's so much fake money moving around
[2017-02-22 11:17:18] garbageboy : I'm convinced we see 1550 by next week
[2017-02-22 11:17:25] paper : BarefootFlash: it does. last i checked, finex only offers 3.5x (or maybe less) and they still got a liquidity spike from hell over the winter, utterly wrecking ppl
[2017-02-22 11:17:46] BarefootFlash : That's the only real reason I can think of.
[2017-02-22 11:17:46] paper : these spikes are a very real thing in btc
[2017-02-22 11:18:10] BarefootFlash : I imagine it might be even worse if they didn't have something like the trading fees and index
[2017-02-22 11:18:21] BarefootFlash : But I dunno. Like I said, not an expert at all :)
[2017-02-22 11:20:06] paper : BarefootFlash: probably best to used different exchanges for different purposes. this exchange is good for bells and whistles and for catching massive liquidity spikes. the cfd's i were talking about are good for avoid liquidity spikes. so, best of both worlds
[2017-02-22 11:20:23] micmix : paper: you cannot ignore funding fees if you are trading swap with high leverage, fees will eat all your margin
[2017-02-22 11:20:34] paper : BarefootFlash: in high-risk scenarios, such as potential fakeouts, you could get utterly rekt here from such a spike
[2017-02-22 11:20:35] BarefootFlash : Yeah, it sounds interesting. I might have to look into it next week
[2017-02-22 11:20:45] BarefootFlash : Oh yeah, mos def
[2017-02-22 11:21:09] paper : micmix: i'm only on maybe 8x generally
[2017-02-22 11:22:50] paper : micmix: but yeah, i need to learn more about the fee structure here, no doubt. this is like my 15th exchange or something haha
[2017-02-22 11:23:28] BarefootFlash : That's the first thing I check before I put money in an exchange
[2017-02-22 11:24:22] paper : BarefootFlash: well, admittedly, i came here based on its popularity and that some of my peers that i talk w/ in private also use it, maybe more than other exchanges. so i thought i'd finally give it a go
[2017-02-22 11:24:27] Bjangles_90 : Hey can someone give me instructions on how to bet on the bitcoin etf passing ...im new
[2017-02-22 11:24:38] odieoh : buy bitcoin
[2017-02-22 11:24:55] Bjangles_90 : I have bitcoin
[2017-02-22 11:24:57] BarefootFlash : Bjangles_90: https://www.bitmex.com/app/seriesGuide/COIN
[2017-02-22 11:25:02] odieoh : success!
[2017-02-22 11:25:14] BarefootFlash : Start there ;)
[2017-02-22 11:25:30] odieoh : if you want to leverage your bet buy contracts of the perpetual swap, or the March 31s futures
[2017-02-22 11:25:45] Bjangles_90 : Yes i have read that but how do actually buythe contract
[2017-02-22 11:25:58] paper : i want to find a good cfd exchange that doesn't fee you to death like simplefx does
[2017-02-22 11:26:13] BarefootFlash : Bjangles_90: Just like any other trades on here, I believe
[2017-02-22 11:26:21] BarefootFlash : paper: Ah
[2017-02-22 11:26:25] BarefootFlash : Good luck :D
[2017-02-22 11:26:30] paper : something cool about that site is that they only fee you once a day, so it's good for day trading
[2017-02-22 11:26:40] BarefootFlash : Ah yeah, that is nice
[2017-02-22 11:26:48] micmix : paper: there is a funding countdown in the top-right corner, it shows how much time before funding fee is charged/payed.
[2017-02-22 11:26:51] paper : 4x / day here i think
[2017-02-22 11:26:53] odieoh : @bjangles are you on mobile or PC?
[2017-02-22 11:27:05] paper : well i'll be damned
[2017-02-22 11:27:27] Bjangles_90 : Thank you friends
[2017-02-22 11:28:00] zanza : paper: fxchoice
[2017-02-22 11:28:10] zanza : openfx
[2017-02-22 11:28:51] paper : so, simplefx is good for avoiding fees on a 1 day trade (and avoiding liquidity spikes), this site is good for massive leverage, for bells and whistles and for catching liquidity spikes...now i'd like to find a hybrid of sorts. a cfd that tracks western prices instead of china ones, and has some bells and whistles
[2017-02-22 11:28:57] paper : and at least 10x
[2017-02-22 11:29:02] micmix : paper: funding is every 8 hours, if funding rate is positive, longs pay, shorts receive. if rate is negative, shorts pay, longs receive. it's not a fee
[2017-02-22 11:29:18] paper : zanza: i'll look, thx
[2017-02-22 11:30:22] zanza : what is wrong with this site?
[2017-02-22 11:30:37] paper : zanza: liquidity spikes, b/c it's not a cfd