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 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
[2017-02-22 11:31:17] odieoh : the funding amount is really pretty negligible though /s
[2017-02-22 11:31:54] paper : zanza: unless they want to get a lot more liquidity flowing through here. but i could do w/o having a bunch of us stop out simultaneously and having price crash 40$
[2017-02-22 11:31:59] zanza : funding here is max 2.25% a day ?
[2017-02-22 11:32:14] .. : seems like my short in red might make profit in 27 mins, paydayy
[2017-02-22 11:32:19] odieoh : yes
[2017-02-22 11:32:21] zanza : this site doesn't market liquidate
[2017-02-22 11:32:59] i3 : 29$ between SWAP & MARCH lol
[2017-02-22 11:33:04] i3 : unsustainablr
[2017-02-22 11:33:12] paper : zanza: meaning you won't get wiped out due to a liquidity spike on a mkt stop?
[2017-02-22 11:33:20] odieoh : eh, it's basically like paying the premium on a stock option
[2017-02-22 11:33:26] odieoh : you're paying for time
[2017-02-22 11:33:45] zanza : paper: you must be new?
[2017-02-22 11:34:11] zanza : this site will just close your winning positions :) won't market liquidate tho
[2017-02-22 11:34:29] paper : zanza: yeah. all i know about that topic is that they use mark price to try and prevent liquidations from spikes
[2017-02-22 11:35:29] paper : but i also see how much money i lose from using mkt stops well above my buy price ;)
[2017-02-22 11:36:15] BarefootFlash : Yeah, it sucks when you have to do that...
[2017-02-22 11:36:29] BarefootFlash : I avoid market anything at all costs
[2017-02-22 11:36:33] i3 : 30$ lol
[2017-02-22 11:36:36] i3 : go buy SWAP
[2017-02-22 11:36:55] paper : been using a cfd for so long that you start taking it for granted that your stop will close at the price you set it to, down to the cent
[2017-02-22 11:37:02] BarefootFlash : i3: or short march, haha ;)
[2017-02-22 11:37:19] i3 : consolidation expected today
[2017-02-22 11:37:24] i3 : so i recommend to buy SWAP ;)
[2017-02-22 11:37:26] BarefootFlash : paper: I use limits for everything I do
[2017-02-22 11:37:43] paper : don't get me wrong, sfx is whack in ways too. i'm quitting soon i think
[2017-02-22 11:37:57] paper : BarefootFlash: i'm not convinced they'll fill
[2017-02-22 11:37:58] i3 : OKCn quarter seems healthy btw ~
[2017-02-22 11:38:01] BarefootFlash : Haha, this whole game is whack
[2017-02-22 11:38:30] BarefootFlash : paper: if it hits it though, it's not going to move past that price till it's full
[2017-02-22 11:39:11] BarefootFlash : Oh, are you thinking about catching the extremes? Like your sell limit you have now?
[2017-02-22 11:39:24] BarefootFlash : That would make sense, then
[2017-02-22 11:39:42] paper : BarefootFlash: i don't know what you mean by catching extremes
[2017-02-22 11:39:50] paper : BarefootFlash: but limit stops always fill?
[2017-02-22 11:40:16] BarefootFlash : Ah, sorry. I mean buying a really low spike or selling on a really high one
[2017-02-22 11:40:55] paper : BarefootFlash: if price dumps to to $999 five minutes from now, and someone has a $10m stop limit order, it will fill and not get skipped?
[2017-02-22 11:41:18] i3 : 31$
[2017-02-22 11:41:28] BarefootFlash : $10m?
[2017-02-22 11:41:30] i3 : $ 31.80 difference
[2017-02-22 11:41:31] i3 : amazin
[2017-02-22 11:41:38] aethlios : if etf gets approval we end the china era and enter the usa wall street era.
[2017-02-22 11:41:40] paper : sry i meant 10m contracts
[2017-02-22 11:41:52] paper : hypothetically. which isn't much considering leverage tho
[2017-02-22 11:41:54] odieoh : @i3 you familiar with options and time decay?
[2017-02-22 11:42:21] BarefootFlash : If you set your limit to $1000, yeah, and it drops to $999, it would have filled already
[2017-02-22 11:42:32] i3 : odieoh: not totaly an expert indeed
[2017-02-22 11:42:42] i3 : comin back later
[2017-02-22 11:42:50] i3 : have a lovely day all , cheers
[2017-02-22 11:43:51] paper : BarefootFlash: well if SL limit orders fill consistently in large numbers, then my fear of liquidity spikes here aren't so warranted.
[2017-02-22 11:44:04] odieoh : First of all think of it in percentages. The March contract is about 2.7% more expensive than the perp swap. The difference is: a) no funding fees b) You're paying for the time involved before the end of the contract
[2017-02-22 11:44:16] BarefootFlash : paper: For example, right now I have a buy limit order set for $1030, just in case it drops really low. If I see that the price here went down to $1020, then I know that my limit hit
[2017-02-22 11:45:32] paper : BarefootFlash: well sure, it's supposed to work like that. but in my experience, in volatile situations (i.e. the entire reason you're desperate to have a stop set up) orders can get skipped, just going unfilled or partially filled
[2017-02-22 11:45:51] paper : BarefootFlash: not on this site, just generally
[2017-02-22 11:46:02] BarefootFlash : Oh, that's weird, I've never heard of that
[2017-02-22 11:46:33] BarefootFlash : I'm pretty sure it has to go through everything in between
[2017-02-22 11:46:38] odieoh : stop market will guarantee fill; not guarantee what price
[2017-02-22 11:47:01] paper : BarefootFlash: that's why i've been doing mkt SL's instead of limit ones. so my orders fill and i don't get liquidated. but sometimes i'll lose out on many btc just from having a stop dump the price down
[2017-02-22 11:47:15] odieoh : stop limit can get skipped in a fast swing b/c it's possible no one will offer the price you want
[2017-02-22 11:47:49] BarefootFlash : That's weird, I've never heard of that
[2017-02-22 11:48:27] BarefootFlash : It doesn't make sense, either
[2017-02-22 11:48:29] paper : odieoh: ok, thx. then my suspicions were true and the 20 or so btc i've lost from mkt stops might have prevented full-blown liquidations then
[2017-02-22 11:48:59] paper : (here)
[2017-02-22 11:49:13] odieoh : Well if you think about it, it makes sense- a stop limit is saying "When the price hit's X, I want to sell my shares at Y." If there is a sudden rise or drop, by the time your stop is triggered, there may not be any orders at the price you want to fill it- someone has to be on the other side of the trade willing to buy or sell at the price you designate
[2017-02-22 11:49:16] BetterNick : Wally, or anyone else.. can you check the e-mail I just sent?
[2017-02-22 11:49:44] BarefootFlash : odieoh: Oh yeah, for sure
[2017-02-22 11:49:57] paper : odieoh: yeah, so you're fucked either way. if this site was a cfd i'd be set, personally
[2017-02-22 11:50:02] BarefootFlash : Ok, sorry. I was thinking of normal orders,
[2017-02-22 11:50:49] BarefootFlash : dang, ok, sorry, nvm
[2017-02-22 11:51:01] odieoh : Well, stops in general in a volatile market like bitcoin are kind of iffy. The spikes will Fk you
[2017-02-22 11:51:25] odieoh : I think a trailing stop is a decent way to go
[2017-02-22 11:51:42] BarefootFlash : full disclosure, I've never used stops, except as a way to trigger a buy or sell order after I sell or buy at a different price
[2017-02-22 11:52:05] BarefootFlash : Trailing stop sounds like a good idea
[2017-02-22 11:52:22] bingbongfly : payday <3
[2017-02-22 11:52:30] BarefootFlash : Sorry @paper , I was thinking on a different tangent. My bad
[2017-02-22 11:52:49] paper : BarefootFlash: np :))
[2017-02-22 12:00:42] odieoh : Ty for funding all!
[2017-02-22 12:00:58] BarefootFlash : odieoh: ++
[2017-02-22 12:01:06] BarefootFlash : ^_^
[2017-02-22 12:01:24] Dynamix : Well none of my limits got filled ;(
[2017-02-22 12:10:11] ross : My longs got shat on last night, sitting on a .5 loss and 0.5 fees
[2017-02-22 12:10:19] ross : cmon rise pls
[2017-02-22 12:10:44] BarefootFlash : ross: Dang, sorry dude
[2017-02-22 12:12:45] paper : ross: "the wider the base, the higher in space." so consider your 1 btc as the cost of admission to prevent the outcome of going parabolic ;)
[2017-02-22 12:15:35] ross : Soon my fees will be more than the loss
[2017-02-22 12:16:12] paper : ross: soon we'll shoot up $100 in a matter of minutes, and you'll still be on leverage ;)
[2017-02-22 12:17:28] paper : during phasse 1 of this 2 part rally, it would annoy me when we'd flatline/consolidate and fees would add up. then we'd get another leg up and that shit just didn't matter anymore
[2017-02-22 12:20:32] Tetsuo : **0.375**
[2017-02-22 12:21:08] reyno : is there any way to keep fees as low as possible?
[2017-02-22 12:21:22] Jason : [
[2017-02-22 12:21:36] Jason : have more money
[2017-02-22 12:22:10] paper : ^^ that
[2017-02-22 12:22:51] BarefootFlash : don't long when longs are paying, don't short when shorts are paying ;)
[2017-02-22 12:23:03] BarefootFlash : always do limit orders, no market
[2017-02-22 12:24:40] RoftheN : Why not long when longs are paying?
[2017-02-22 12:24:47] narnarfromnarnia : wow really expensive now to be long
[2017-02-22 12:25:02] RoftheN : Who cares about 0.4% if you can earn 10%
[2017-02-22 12:25:11] BarefootFlash : rayno asked hot to lower fees/costs
[2017-02-22 12:25:21] BarefootFlash : reyno*
[2017-02-22 12:25:34] BarefootFlash : how*
[2017-02-22 12:26:01] BarefootFlash : dang, I'm tired
[2017-02-22 12:27:06] reyno : BarefootFlash: How do you know when longs are paying?
[2017-02-22 12:27:15] odieoh : @narnafromnarnia, nah, it's not that expensive. Keep on longin' yall! I'm backing the truck up now!
[2017-02-22 12:27:47] odieoh : @reyno look at contract details for xbtusd and look at the funding rate
[2017-02-22 12:27:53] BarefootFlash : reyno: there's a place under "Contract Details" that shows the funding rate
[2017-02-22 12:27:59] odieoh : if it's a positve number longs pay
[2017-02-22 12:28:00] BarefootFlash : there will be a plus or a minus
[2017-02-22 12:28:04] odieoh : if its negtive, shorts pay
[2017-02-22 12:28:08] BarefootFlash : ^
[2017-02-22 12:28:11] odieoh : *negative
[2017-02-22 12:28:41] odieoh : right now it's at the max it can be, so take heart and long!
[2017-02-22 12:29:34] aeos : do i get charged if i long at futures?
[2017-02-22 12:30:16] elmorte : aeos: no
[2017-02-22 12:30:21] reyno : ok so 0.3750% is the highest it can be?
[2017-02-22 12:30:53] elmorte : reyno: yes
[2017-02-22 12:31:02] InvalidUser : https://www.bitmex.com/app/swapsGuide#Funding
[2017-02-22 12:37:59] Dynamix : lol 1111.11
[2017-02-22 12:38:23] Dynamix : /wall
[2017-02-22 12:38:23] trollbot : BitStamp Wall: Asks: 1120.17 => [1292 Ƀ] (8.57%) <= 1150.37 Bids: 1089.00 => [613 Ƀ] (16.32%) <= 1119.50
[2017-02-22 12:38:23] trollbot : BitFinex Wall: Asks: 1118.0 => [2624 Ƀ] (-0.08%) <= 1148.0 Bids: 1087.8 => [1357 Ƀ] (8.47%) <= 1117.8
[2017-02-22 12:39:55] shery : /price
[2017-02-22 12:39:55] trollbot : Bitstamp: 1120.99 (0.54%)
[2017-02-22 12:39:55] trollbot : GDAX: 1119.23 (0.09%)
[2017-02-22 12:39:55] trollbot : Bitfinex: 1117.9 (-0.06%)
[2017-02-22 12:39:56] trollbot : Kraken: 1117.25 (-0.07%)
[2017-02-22 12:39:56] trollbot : OKCoin: 1100.74 (0.45%)
[2017-02-22 12:39:56] trollbot : itBit: 1114.78 (0.03%)
[2017-02-22 12:40:50] narnarfromnarnia : wall pulled, bass drop?
[2017-02-22 12:41:49] InvalidUser : Here we go.
[2017-02-22 12:42:25] InvalidUser : 17 BTC wall Somone wants in
[2017-02-22 12:45:23] cryptobull : Upupupandaway
[2017-02-22 12:46:28] Dynamix : https://www.cryptocoinsnews.com/bitfinex-targeted-in-severe-ddos-attack-amid-bitcoin-price-surge/
[2017-02-22 12:47:55] KyllingLolsson : Either this crashes, or we go way beyond ATH
[2017-02-22 12:48:45] InvalidUser : https://i.redditmedia.com/EG3JBv_afNtTgHs69HLAH7gj_vRaApUMVvf2dSIqQyQ.jpg?w=1024&s=a3a0bc5f07f685975bdaddea33744b55
[2017-02-22 12:54:21] BitMEX_Wally : 
[2017-02-22 12:54:53] 10 : BitMEX_Wally: Fantastic Xd
[2017-02-22 12:56:14] cryptobull : ?
[2017-02-22 12:57:37] thomaskikansha : hodling my coins feeling good
[2017-02-22 12:59:15] thomaskikansha : next funding at cap? omg
[2017-02-22 13:02:15] shery : omg 0.37
[2017-02-22 13:04:21] shery : /price
[2017-02-22 13:04:21] trollbot : Bitstamp: 1120.84 (-0.01%)
[2017-02-22 13:04:21] trollbot : Bitfinex: 1120.4 (0.22%)
[2017-02-22 13:04:21] trollbot : GDAX: 1120.98 (0.16%)
[2017-02-22 13:04:22] trollbot : Kraken: 1117.2 (0%)
[2017-02-22 13:04:22] trollbot : OKCoin: 1099.87 (-0.08%)
[2017-02-22 13:04:22] trollbot : itBit: 1116.58 (0.16%)
[2017-02-22 13:18:12] paper : looks like we might not get the pullback. bullish as well. we can play this smart no matter what
[2017-02-22 13:18:27] paper : *as hell
[2017-02-22 13:18:36] Tetsuo : **0.375** Bitfinex probably hacked again, Looks bad
[2017-02-22 13:19:24] paper : not that i can see
[2017-02-22 13:19:51] BarefootFlash : They didn't announce anything that I've seen
[2017-02-22 13:20:08] Dynamix : /wall
[2017-02-22 13:20:09] trollbot : BitStamp Wall: Asks: 1122.85 => [1043 Ƀ] (-19.27%) <= 1153.00 Bids: 1092.00 => [561 Ƀ] (-8.48%) <= 1122.08
[2017-02-22 13:20:09] trollbot : BitFinex Wall: Asks: 1121.4 => [2813 Ƀ] (7.2%) <= 1151.4 Bids: 1091.0 => [1351 Ƀ] (-0.44%) <= 1121.0
[2017-02-22 13:21:32] Tetsuo : /bulltax **0.375**
[2017-02-22 13:22:51] REKT : Liquidated short on `XBTH17`: buy 90 @ 1145.72
[2017-02-22 13:24:35] paper : let's see if i can make it to 1500ish w/o getting ADL'd out my contract
[2017-02-22 13:27:02] REKT : Liquidated short on `XBTH17`: buy 1000 @ 1147.36
[2017-02-22 13:27:02] REKT : Liquidated short on `XBTH17`: buy 35000 @ 1147.97
[2017-02-22 13:27:51] narnarfromnarnia : ouch
[2017-02-22 13:29:56] reyno : wow rekt of not even a dollar increase?
[2017-02-22 13:30:31] BarefootFlash : Probably shorted around 1132 or so
[2017-02-22 13:30:43] BarefootFlash : Before this little push up
[2017-02-22 13:30:53] narnarfromnarnia : 1120 coming
[2017-02-22 13:30:59] narnarfromnarnia : then rekts
[2017-02-22 13:31:12] reyno : I'm looking for entry
[2017-02-22 13:31:13] InvalidUser : lol shhh
[2017-02-22 13:32:08] .. : okc 7.5k+
[2017-02-22 13:32:55] Coconuter : addicted to green dildo
[2017-02-22 13:33:07] paper : might want to resort to a breakout play for part of your position. or just grab onto your nuts and yolo all at once
[2017-02-22 13:33:53] InvalidUser : Choo Choo, Train is leaving the station
[2017-02-22 13:34:06] paper : once we break ath it's $100 or so increase in minutes
[2017-02-22 13:34:34] narnarfromnarnia : time to short
[2017-02-22 13:34:58] paper : narnarfromnarnia: go for it
[2017-02-22 13:35:10] narnarfromnarnia : waiting to see epic rekts
[2017-02-22 13:35:27] cookielito : narnarfromnarnia: Shorties never friggen learn
[2017-02-22 13:35:30] paper : and i ofc don't recommend going all in from one point, as tempting as it can be :))
[2017-02-22 13:35:50] narnarfromnarnia : cookielito: ah when it's an extreme jump they're pretty good for a $5+ drop min
[2017-02-22 13:36:01] narnarfromnarnia : i closed long at 1117
[2017-02-22 13:36:04] paper : we don't need etf approval to get to 1500ish quickly
[2017-02-22 13:36:05] cookielito : narnarfromnarnia: playing with fire man
[2017-02-22 13:36:05] narnarfromnarnia : always too early
[2017-02-22 13:36:18] -_- : march almost new high
[2017-02-22 13:36:27] cookielito : narnarfromnarnia: go be a contrarian with assets that arnt already contrarian
[2017-02-22 13:36:35] -_- : 40 premium is back
[2017-02-22 13:36:47] Guy : I've had a deposit which has been pending since last night ? Any explanations ?
[2017-02-22 13:36:57] cookielito : Guy: just wait
[2017-02-22 13:37:00] cookielito : happens sometimes
[2017-02-22 13:37:01] paper : 3k+ in 2017 w/ or w/o etf
[2017-02-22 13:37:01] -_- : yeah, btc transaction backlog
[2017-02-22 13:37:07] -_- : btc is hella popular now
[2017-02-22 13:37:28] InvalidUser : Put the txid in to https://www.viabtc.com/tools/txaccelerator/
[2017-02-22 13:37:35] narnarfromnarnia : i was told there would be a dip
[2017-02-22 13:37:46] narnarfromnarnia : this might steam roll up to 1130 easy
[2017-02-22 13:38:03] InvalidUser : ViaBTC will push the transaction in the next block for you
[2017-02-22 13:38:04] -_- : xbth17 fell 40
[2017-02-22 13:38:12] Guy : Yeah I don't have the txid, it was sent from another exchange and they don't provide the txid
[2017-02-22 13:38:37] InvalidUser : look it up using the addy on BC.info
[2017-02-22 13:38:48] paper : best trader i know is less optimistic about the prospect of a dip now, and just optimistic about moon, basically :)
[2017-02-22 13:39:02] startChat : if u know the address u should be able to see trransaction, before it confirms. getting the TansID
[2017-02-22 13:39:10] odieoh : what exchange?
[2017-02-22 13:39:34] paper : i guess in retrospect, i was buying the dip, b/c i kept buying each time it would hit 1102-1104 area
[2017-02-22 13:39:35] -_- : stamp new high
[2017-02-22 13:39:44] narnarfromnarnia : /price
[2017-02-22 13:39:45] trollbot : Bitstamp: 1125.42 (0.41%)
[2017-02-22 13:39:45] trollbot : Bitfinex: 1126.8 (0.57%)
[2017-02-22 13:39:45] trollbot : GDAX: 1123.37 (0.21%)
[2017-02-22 13:39:46] trollbot : Kraken: 1123.41 (0.56%)
[2017-02-22 13:39:47] BitMEX_Sam : Guy: You have an email
[2017-02-22 13:39:47] trollbot : itBit: 1119.67 (0.28%)
[2017-02-22 13:39:48] trollbot : OKCoin: 1103.28 (0.31%)
[2017-02-22 13:40:01] BitMEX_Sam : You can look up transactions on most explorers just by inputing the destination address
[2017-02-22 13:40:02] cookielito : what in the world is the woodchipper
[2017-02-22 13:40:11] cookielito : ???
[2017-02-22 13:40:12] BitMEX_Sam : cookielito: OKC
[2017-02-22 13:40:12] paper : okc is wc
[2017-02-22 13:40:19] odieoh : o k c o i n
[2017-02-22 13:40:21] cookielito : thats what I figuresd
[2017-02-22 13:40:24] narnarfromnarnia : big arb opportunity right there
[2017-02-22 13:40:56] odieoh : stuff gets autofiltered to other stuff. Try typing F*ck, or the current US president's name
[2017-02-22 13:41:15] cookielito : I know
[2017-02-22 13:41:17] aeos : narnarfromnarnia: how?
[2017-02-22 13:41:23] cookielito : TRUMP BABY
[2017-02-22 13:41:25] cookielito : !!!!
[2017-02-22 13:42:24] narnarfromnarnia : aeos: if you had usd in okc
[2017-02-22 13:42:32] narnarfromnarnia : buy and send over to stamp for 20+
[2017-02-22 13:42:47] aeos : narnarfromnarnia: oh nice
[2017-02-22 13:43:14] BarefootFlash : narnarfromnarnia: getting usd to okc is the hard part, though :(
[2017-02-22 13:43:26] narnarfromnarnia : i wouldn't go near it
[2017-02-22 13:43:42] narnarfromnarnia : could be totally fraudulent who knows
[2017-02-22 13:43:59] BarefootFlash : Yup, no thank you
[2017-02-22 13:44:22] narnarfromnarnia : doesnt seem like we're going down but 5m is pretty maxed out
[2017-02-22 13:44:30] .. : yeh would be just a depo to Ver, no thank you.
[2017-02-22 13:44:41] narnarfromnarnia : bull trap
[2017-02-22 13:44:47] narnarfromnarnia : smells like it
[2017-02-22 13:45:33] paper : or do you just want it to be one so you can buy buy buy :))
[2017-02-22 13:46:10] Tetsuo : we also need your password
[2017-02-22 13:46:32] InvalidUser : and CC
[2017-02-22 13:46:42] .. : private keysss