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

<<  >>  English  中文  Русский  한국어  日本語  Español  Français 
[2017-03-09 23:44:25] MrRGnome : Yeah you stupid MORAN.
[2017-03-09 23:44:33] prospecta : you MORAN
[2017-03-09 23:44:34] rapidtrades : COIN should be <10%
[2017-03-09 23:44:35] rejndjer : morano
[2017-03-09 23:44:40] lockhedge : default approval would make more sense then approval by issuing an order in this case (because of the impact of the SEC's decision on volatility)
[2017-03-09 23:44:42] startChat : rapidtrades: should?
[2017-03-09 23:44:46] startChat : have u bet on that?
[2017-03-09 23:44:56] rapidtrades : duh
[2017-03-09 23:45:10] MrRGnome : He is very, very short and has been since ~800 @startChat
[2017-03-09 23:45:34] MrRGnome : I'd say losing makes him grumpy but he is just as irritable when he's winning.
[2017-03-09 23:45:51] bingbongfly : MrRGnome: we havn't seen him with if he has that position!
[2017-03-09 23:45:54] rapidtrades : not rly, i tend to keep quiet when im winning
[2017-03-09 23:45:55] Zen Trader : lockhedge: i AGREE
[2017-03-09 23:45:56] bingbongfly : dat short gotta sweat
[2017-03-09 23:46:09] lockhedge : *than
[2017-03-09 23:46:29] shapeshifter : rapidtrades: never in fact ahah
[2017-03-09 23:47:04] rapidtrades : i will shit on every long when we drop <900 tho
[2017-03-09 23:47:08] rapidtrades : cos u have no class
[2017-03-09 23:47:16] Zen Trader : COIN ETF likely hood up
[2017-03-09 23:47:26] rapidtrades : and u have to reap what u sew mofos
[2017-03-09 23:47:32] shapeshifter : rapidtrades: says the ones swearing all day long...
[2017-03-09 23:48:07] rapidtrades : calling smone a moran is swearing, its a statement of fact
[2017-03-09 23:48:19] rapidtrades : moran
[2017-03-09 23:48:22] MrRGnome : Yeah it is, Iyou moran
[2017-03-09 23:48:37] rapidtrades : SHUT UP MORAN
[2017-03-09 23:48:41] MrRGnome : stop cussing or I'm going to tell
[2017-03-09 23:49:08] MrRGnome : I'm too smort for you moran!
[2017-03-09 23:49:10] lockhedge : on the other hand, a late disapproval makes more sense than a late approval by issuing an order (because usually it takes much more time and good legal arguments to write a disapproval order)
[2017-03-09 23:49:15] prospecta : FUCKING CUNT
[2017-03-09 23:49:17] rapidtrades : guess its time to east cos no decision is coming today
[2017-03-09 23:49:31] prospecta : NIGGER
[2017-03-09 23:49:56] rapidtrades : u guys think its safe?
[2017-03-09 23:49:59] prospecta : FUCKING NIGGER
[2017-03-09 23:50:00] l3f : Yo bitmex, if you input an usd order and the order has decimal points, it says it has found an internal inconsistency
[2017-03-09 23:50:16] l3f : order with decimal points in the quantity
[2017-03-09 23:50:29] j8 : the input box doesn't let me put decimals
[2017-03-09 23:50:53] l3f : j8: Copy paste it in
[2017-03-09 23:51:31] j8 : so it does, maybe let sam know. who the heck copy pastes qty though?
[2017-03-09 23:51:41] Zen Trader : We are running Tradeoff Analytics on Watsons IBM cloud and it appears that an approval is more likely than not
[2017-03-09 23:52:08] l3f : j8: When you're calculating your usd balance to hedge
[2017-03-09 23:52:49] Apocalyptic : l3f: a contract is not divisible
[2017-03-09 23:52:49] shapeshifter : Zen Trader: pure trolling here uh?
[2017-03-09 23:52:56] l3f : Apocalyptic: I know
[2017-03-09 23:53:06] l3f : I'm just saying copying pasting a decimal point rekts the ui
[2017-03-09 23:53:19] Apocalyptic : fair enough
[2017-03-09 23:53:20] j8 : yes totally valid
[2017-03-09 23:53:39] j8 : sam likes to know about that sort of thing
[2017-03-09 23:53:53] aandy : ya baby
[2017-03-10 00:00:09] l3f : BitMEX_Sam: try copy pasting a decimal point into the quantity and attempt to place that order,
[2017-03-10 00:00:16] l3f : That should notify him
[2017-03-10 00:03:16] QuinnTrades : /price
[2017-03-10 00:03:19] trollbot : ``` Bitstamp : 1195.66 (19.57%) Bitfinex : 1196.30 (19.63%) The Woodchipper : 1193.52 (19.35%) itBit : 1195.59 (19.56%) Kraken : 1187.19 (18.72%) GDAX : 1198.29 (19.83%) SLQ : ```
[2017-03-10 00:03:21] zy : what's with the pump?
[2017-03-10 00:03:23] shiroe : happroved!
[2017-03-10 00:03:46] Doom : finally twins
[2017-03-10 00:03:48] shiroe : weee
[2017-03-10 00:04:08] Apocalyptic : nothing on sec's website
[2017-03-10 00:04:16] Doom : lying xD
[2017-03-10 00:04:20] sleger : keep refreshing
[2017-03-10 00:04:25] zy : to the moon
[2017-03-10 00:04:32] REKT : Liquidated short on `XBTH17`: buy 29994 @ 1210.96
[2017-03-10 00:04:41] shiroe : it was a whisper first, then days later it will be on the site.
[2017-03-10 00:04:50] Zen Trader : I say we go up till 3 am then sharply down for the morning and as the day ends tomorrow we rise.
[2017-03-10 00:04:59] -_- : WTF XBTH17
[2017-03-10 00:05:07] Doom : for price in long term its better if etf is declined
[2017-03-10 00:05:10] -_- : i close and it randomly pumps $20
[2017-03-10 00:05:17] REKT : Liquidated short on `XBTUSD`: buy 100 @ 1195.68
[2017-03-10 00:05:17] REKT : Choppy waters make solid seamen!
[2017-03-10 00:05:22] Zen Trader : -_-: Because you closed it
[2017-03-10 00:05:40] Apocalyptic : -_-: random pumps are the best pumps
[2017-03-10 00:05:41] -_- : goes from $9 premium to $23
[2017-03-10 00:05:52] -_- : someone must have closed a short
[2017-03-10 00:05:56] REKT : Liquidated short on `XBTUSD`: buy 500 @ 1196.11
[2017-03-10 00:05:57] REKT : Liquidated short on `XBTUSD`: buy 900 @ 1196.41
[2017-03-10 00:06:06] REKT : Liquidated short on `XBTUSD`: buy 880 @ 1196.88
[2017-03-10 00:06:11] tb : etf approved?
[2017-03-10 00:06:24] rejndjer : /rekt
[2017-03-10 00:06:24] trollbot : ``` 3 recent REKTs > 100K: ``` ``` 6 hours, 25 mins ago: Liquidated long on `XBTUSD`: sell 160000 @ 1199.71 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 7 hours, 32 mins ago: Liquidated short on `XBTH17`: buy 142359 @ 1214.07 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 10 hours, 31 mins ago: Liquidated long on `XBTH17`: sell 232395 @ 1179.56 **REKTosaurus** :slot_machine: :moneybag: :fire: ```
[2017-03-10 00:06:52] -_- : xbth17 went 1224 to 1209 to 1219 to 1209
[2017-03-10 00:07:00] -_- : now btc back to 1200
[2017-03-10 00:07:41] rejndjer : Zen Trader: what time zone u talking about
[2017-03-10 00:07:41] -_- : /rrekt
[2017-03-10 00:07:41] trollbot : ``` 3 all time high REKTs: ``` ``` 75 hours, 22 mins ago: Liquidated long on `XBTH17`: sell 390000 @ 1300.55 **REKTosaurus** :slot_machine: :moneybag: :fire: ``` ``` 67 hours, 11 mins ago: Liquidated long on `XBTH17`: sell 350000 @ 1277.73 **REKTosaurus** :slot_machine: :moneybag: :fire: ``` ``` 60 hours, 30 mins ago: Liquidated long on `XBTUSD`: sell 246999 @ 1208.93 **REKTosaurus** :slot_machine: :moneybag: :fire: ```
[2017-03-10 00:10:02] aguia7 : News: Satoshi nakamoto Will be president of the United States. Now the bitcoin goes to 1 million. XD
[2017-03-10 00:10:21] rejndjer : president of milky way
[2017-03-10 00:10:33] aguia7 : KKKK XD
[2017-03-10 00:10:38] Doom : trumps nickname is satoshi
[2017-03-10 00:11:38] rejndjer : can i open short on mar31 while im shorting swap?
[2017-03-10 00:12:13] rejndjer : or can i only trade 1 instrument?
[2017-03-10 00:12:56] rapidtrades : short em all bra
[2017-03-10 00:13:21] rapidtrades : short COIN while ur at it
[2017-03-10 00:13:46] rejndjer : nah dont wanna short COIN, its too weird
[2017-03-10 00:14:57] rapidtrades : then FU bra
[2017-03-10 00:16:08] coolmans : how to buy xbth17?
[2017-03-10 00:18:20] Farzad2 : /guide
[2017-03-10 00:18:20] trollbot : ``` Dear newcomer Please watch this video to get started with BitMex: ``` https://www.youtube.com/watch?v=sSh2bM3UP04 ``` Also make sure to read the docs: ``` https://www.bitmex.com/app/tradingOverview ``` Remember to trade small with low leverage until you understand how things work, otherwise you will get liquidated (REKT) pretty soon :boom: ```
[2017-03-10 00:28:42] KingTuna : StabilisiNG AT $1200?
[2017-03-10 00:28:52] KingTuna : What does this mean fellas
[2017-03-10 00:28:55] KingTuna : .....
[2017-03-10 00:30:53] Zen Trader : /sentiment
[2017-03-10 00:30:55] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 34.17 / 65.83 Daily : 41.81 / 58.19 Weekly : 54.07 / 45.93 Monthly : 50.57 / 49.43```
[2017-03-10 00:32:41] -_- : damn
[2017-03-10 00:32:46] -_- : i got shaken out
[2017-03-10 00:32:47] -_- : sucks
[2017-03-10 00:32:51] Zen Trader : We are going to 1323
[2017-03-10 00:32:52] REKT : Liquidated short on `XBTUSD`: buy 459 @ 1203.19
[2017-03-10 00:33:26] shiroe : the news is spreading like wildfire for tomorrow.
[2017-03-10 00:33:40] lockhedge : or not
[2017-03-10 00:34:26] Sultan Pepper : Farzad2: hey farzad, that's a *good* feature, thanks!
[2017-03-10 00:34:45] Farzad2 : Sultan Pepper: yw :)
[2017-03-10 00:35:05] Winklevoss : If I want to put a limit long order @ 1300 with auto exit @1700 and also place a limit short order order @ 990 to close @ 700, do I have to the value of both margins in my wallet ready
[2017-03-10 00:39:51] rapidtrades : keep pumping retards
[2017-03-10 00:41:03] shiroe : /price
[2017-03-10 00:41:06] trollbot : ``` Bitstamp : 1204.38 (0.73%) Bitfinex : 1205.60 (0.78%) The Woodchipper : 1203.00 (0.79%) itBit : 1204.18 (0.72%) Kraken : 1193.89 (0.56%) GDAX : 1206.00 (0.64%) SLQ : 37 mins```
[2017-03-10 00:41:29] startChat : Winklevoss: stop loss and take profit orders. use "close on trigger" or order will not trigger
[2017-03-10 00:44:42] aethlios : bitmex here??? why don't you change now to 2hour funding?? since we all expect huge volatility ahead. until 8 hour notice pass means 12 or 16 hours until 2 hours periods start.
[2017-03-10 00:45:41] Winklevoss : aethlios: more frequent funding = greater payout for winners?
[2017-03-10 00:46:20] aethlios : Winklevoss: funding can average to zero if no trend.
[2017-03-10 00:47:13] Winklevoss : aethlios: smooths out volatility hits in a way for losers right?
[2017-03-10 00:48:01] aethlios : Winklevoss: yes loosers get a compensation for keeping the wrong side, this is a swap and never settles.
[2017-03-10 00:48:45] Winklevoss : I have misunderstood, I thought losers pay winners @ funding
[2017-03-10 00:50:08] aethlios : Winklevoss: https://www.bitmex.com/app/fundingHistory
[2017-03-10 00:50:08] -_- : going back down. nice little trap for you bulls
[2017-03-10 00:50:29] Winklevoss : aethlios: thx
[2017-03-10 00:50:36] aethlios : Winklevoss: here you see the history, shorts get paid while longs profit from rhe up trend
[2017-03-10 00:51:17] REKT : Liquidated long on `XBTUSD`: sell 12900 @ 1198.87
[2017-03-10 00:51:24] aethlios : Winklevoss: if we crash then swap will be in discount and compensate longs who will be losing
[2017-03-10 00:51:29] micmix : Winklevoss: can you call SEC and tell them to hurry up with the decision? I'm tired of waiting
[2017-03-10 00:52:57] Winklevoss : micmix: They accepted it two weeks ago, we've been having orgies parties. Everyone's here....Zuckerburg, Satoshi, Yellen, Trump
[2017-03-10 00:53:21] zy : Wait so you guys settled with zuckerburg?
[2017-03-10 00:53:38] zy : Can't believe you did that
[2017-03-10 00:53:52] micmix : Winklevoss: Satoshi and Yellen in one room? that will not end well
[2017-03-10 00:54:21] Winklevoss : micmix: Plot twist Satoshi is Yellen.
[2017-03-10 00:54:46] micmix : makes sense, if you can't fight them join them
[2017-03-10 00:57:16] aguia7 : go to 1212
[2017-03-10 00:59:07] aguia7 : micmix: bitcoin jr baby. XD
[2017-03-10 01:01:08] zy : Friday it is then
[2017-03-10 01:02:57] Freewizard : /sentiment
[2017-03-10 01:03:00] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 36.87 / 63.13 Daily : 39.67 / 60.33 Weekly : 54.05 / 45.95 Monthly : 50.56 / 49.44```
[2017-03-10 01:03:50] Freewizard : /guide
[2017-03-10 01:03:50] trollbot : ``` Dear newcomer Please watch this video to get started with BitMex: ``` https://www.youtube.com/watch?v=sSh2bM3UP04 ``` Also make sure to read the docs: ``` https://www.bitmex.com/app/tradingOverview ``` Remember to trade small with low leverage until you understand how things work, otherwise you will get liquidated (REKT) pretty soon :boom: ```
[2017-03-10 01:08:36] startChat : How many people here have a trezor?
[2017-03-10 01:10:07] Rune : not me
[2017-03-10 01:11:00] zy : tails + electrum is free you know
[2017-03-10 01:12:51] micmix : startChat: have 2
[2017-03-10 01:13:38] startChat : I would love to have full Trezor integration with bitmex.
[2017-03-10 01:13:59] startChat : login/ withdrawl confirmation all on hardware device
[2017-03-10 01:14:07] startChat : backedup same as bitcoin
[2017-03-10 01:16:27] micmix : yeah, would be nice
[2017-03-10 01:16:39] micmix : Sam promised U2F login with Trezor soon
[2017-03-10 01:20:32] startChat : U2F is really important first step. will work with many yubikey also I beleive
[2017-03-10 01:21:02] Farzad : guys, if I have 2 stop orders, one buy above price and one sell below price. will execution of one cancel the other one ?
[2017-03-10 01:22:54] Farzad : no one ?
[2017-03-10 01:23:02] Farzad : paging mods !
[2017-03-10 01:23:26] startChat : if using 'close on trigger'
[2017-03-10 01:25:52] BitMEX_John : Farzad: @startChat is correct, if you have 'close on trigger' enabled all other orders on that position will be closed on trigger
[2017-03-10 01:26:28] Zen Trader : ASSANGE IS ALIVE
[2017-03-10 01:26:40] Farzad : ok ty
[2017-03-10 01:34:30] Guest51156 : Zen Trader: and we learned ETF info with our hacking. Tomorrow is going to be a good day for the b
[2017-03-10 01:34:37] Guest51156 : ulls !!!!!!
[2017-03-10 01:37:09] Dynamix : Drop maybe to 1100??
[2017-03-10 01:37:14] zy : what goes up must come down
[2017-03-10 01:37:35] zy : TO DA MOON
[2017-03-10 01:46:48] Winklevoss : Does an unfilled stop order reduce your balance?
[2017-03-10 01:46:58] zy : nope
[2017-03-10 01:48:29] BitMEX_John : Winklevoss: orders that will reduce your position size do not require margin to be open
[2017-03-10 01:53:55] sleger : https://steemit.com/bitcoin/@tlogs/why-the-coin-etf-will-receive-sec-approval-a-detailed-analysis#
[2017-03-10 01:55:34] REKT : Liquidated short on `DASH7D`: buy 663 @ 0.044200
[2017-03-10 02:00:28] smokim87 : watching dash, might try a small short at the previous high in case it's a double top
[2017-03-10 02:07:28] cryptokeeper : sleger: there is no doubt it is going to happen at some point.. but delayed is the keyword.
[2017-03-10 02:07:39] Rune : im tired of seeing dash go up
[2017-03-10 02:08:05] sleger : cryptokeeper: I only post those to piss off rapid
[2017-03-10 02:08:10] cryptokeeper : sleger: lol
[2017-03-10 02:08:30] cryptokeeper : to add to things... SEC have been known not to approve but to delay due to price speculation
[2017-03-10 02:08:41] cryptokeeper : so they might also be like... ok bitcoin too high... let it cool down then go time
[2017-03-10 02:08:52] sleger : from what i read they never delayed past the last deadline which is now, by rule
[2017-03-10 02:09:03] cryptokeeper : yeah who knows
[2017-03-10 02:09:13] cryptokeeper : many think it will pass many dont
[2017-03-10 02:09:33] cryptokeeper : even if it does... it is a long ways off to hit market
[2017-03-10 02:10:03] sleger : yes but we have to hit 2000+ to liq rapid
[2017-03-10 02:10:24] cryptokeeper : 2000 now?
[2017-03-10 02:10:54] cryptokeeper : last time i recall he was doomed at 12hun
[2017-03-10 02:10:58] sleger : after approval
[2017-03-10 02:11:07] sleger : no he said his liq is 2000+
[2017-03-10 02:11:12] cryptokeeper : lol
[2017-03-10 02:21:40] foobar : anyone know how the announcment will be made. is there a website i can keep refreshing to know the outcome as soon as it happens?
[2017-03-10 02:22:33] lockhedge : foobar: https://www.sec.gov/rules/sro/batsbzx.htm
[2017-03-10 02:22:41] rms : what's the actual pressure that's driving dash up so much?
[2017-03-10 02:23:07] startChat : rms: marketing
[2017-03-10 02:26:17] startChat : claim to fix the "governance issue"
[2017-03-10 02:29:01] REKT : Liquidated short on `ETH7D`: buy 360 @ 0.015130
[2017-03-10 02:33:44] finnagetdooped : i wonder how much rapids fees are atm
[2017-03-10 02:38:26] sleger : finnagetdooped: https://www.bitmex.com/app/fees
[2017-03-10 02:42:31] rapidtrades : no i said my liq is above 2k
[2017-03-10 02:42:43] rapidtrades : obv im not gonna let it go that far with ETF
[2017-03-10 02:44:16] rapidtrades : another reminder for shorts to use isolated margin
[2017-03-10 02:44:30] rapidtrades : don't let the bastards get free money
[2017-03-10 02:44:39] elmorte : that's for pu$$ies
[2017-03-10 02:44:39] sleger : dont be stupid
[2017-03-10 02:44:50] elmorte : that's how you get shaken out :p
[2017-03-10 02:44:54] sleger : saying that will work both ways, you just reminded longs to ADL you dummy @rapidtrades
[2017-03-10 02:44:54] rapidtrades : I WANT ALL OF THEM ADLed ABOVE 1300
[2017-03-10 02:45:15] rapidtrades : sleger: longs are too stupid to take my advice
[2017-03-10 02:45:27] elmorte : too busy counting monies
[2017-03-10 02:45:29] rapidtrades : they're all highly leveraged anyway
[2017-03-10 02:45:32] sleger : in general your advice sucks anyways
[2017-03-10 02:45:35] sleger : buy ZEC at 3
[2017-03-10 02:45:38] sleger : sell btc at 800
[2017-03-10 02:45:46] rapidtrades : fu sleger
[2017-03-10 02:46:15] sleger : maybe redeem yourself
[2017-03-10 02:46:17] sleger : buy ETH
[2017-03-10 02:46:22] sleger : god will forgive you
[2017-03-10 02:46:40] rapidtrades : u held ETH through 30% DD? 50% DD? so shut it
[2017-03-10 02:46:46] rapidtrades : u didn't buy at the lows
[2017-03-10 02:47:28] rapidtrades : u also shorted ZEC and got blown out
[2017-03-10 02:47:36] elmorte : what's DD? dump?
[2017-03-10 02:47:45] rapidtrades : drawdown
[2017-03-10 02:47:51] elmorte : ah k
[2017-03-10 02:48:23] rapidtrades : he waited like +6 months for ETH to turn around and noone gave him shit
[2017-03-10 02:48:40] rapidtrades : i get railed every day
[2017-03-10 02:49:05] sleger : rapidtrades: i started buying at 12.5$
[2017-03-10 02:50:41] sleger : and bought all the way down and some on the way back up
[2017-03-10 02:50:49] sleger : sold some above 20$ but not much
[2017-03-10 02:51:26] rapidtrades : and eth/usd was down to $5.8 in november
[2017-03-10 02:51:46] rapidtrades : 54% DD
[2017-03-10 02:51:55] sleger : no because i started buying there
[2017-03-10 02:52:01] sleger : i had a small position at 12.5
[2017-03-10 02:52:01] rapidtrades : pretty much same as mine
[2017-03-10 02:52:05] sleger : not the one i had
[2017-03-10 02:52:20] sleger : *have
[2017-03-10 02:52:30] rapidtrades : in any case, u suck
[2017-03-10 02:52:36] sleger : why ?
[2017-03-10 02:53:04] sleger : im up a couple hundred Gs on my eth but i suck ?
[2017-03-10 02:53:05] rapidtrades : cos u missed the low by 50% bra
[2017-03-10 02:53:22] sleger : oh ok i could have made more i see
[2017-03-10 02:53:30] sleger : i'll try to improve in the future
[2017-03-10 02:54:01] rapidtrades : point is don't throw stones when u live in a glass house bish
[2017-03-10 02:54:31] REKT : Liquidated short on `ETH7D`: buy 10 @ 0.015250
[2017-03-10 02:54:38] sleger : i rent so i dont care
[2017-03-10 02:56:07] REKT : Liquidated long on `XBTUSD`: sell 2403 @ 1197.04
[2017-03-10 02:56:33] Sultan Pepper : sleger: why do you rent? You'll never see that money again
[2017-03-10 02:56:39] rapidtrades : i think this whole space will be gone in 5 yrs
[2017-03-10 02:56:47] sleger : Sultan Pepper: dude you need to learn so much
[2017-03-10 02:57:04] sleger : I own 50+ apartments that I rent out, but yes I rent the one I live in
[2017-03-10 02:57:15] sleger : rapidtrades: bitmex trollbox ?
[2017-03-10 02:57:23] Sultan Pepper : sleger: it was a serious question, but of course i have plenty to learn
[2017-03-10 02:57:29] rapidtrades : onerous regulation will kill innovation and bitcoiners missed the chance early on to find their 'killer app'
[2017-03-10 02:57:44] sleger : Sultan Pepper: coz paying 10k for a 3m$ house is cheap
[2017-03-10 02:57:44] rapidtrades : its too late now
[2017-03-10 02:57:54] rapidtrades : whats happening in china will happen in US too
[2017-03-10 02:58:08] sleger : rapidtrades: ETH is the future
[2017-03-10 02:58:23] startChat : if the future is 10 months
[2017-03-10 02:58:34] rapidtrades : ETH is used even less in commerce
[2017-03-10 02:58:49] Sultan Pepper : sleger: i don't follow. 10k a month?
[2017-03-10 02:58:54] rapidtrades : what use cases does ETH have?
[2017-03-10 02:58:56] sleger : yes @Sultan Pepper
[2017-03-10 02:59:04] sleger : rapidtrades: making me $$ is 1.
[2017-03-10 02:59:08] rapidtrades : what problems does it solve?
[2017-03-10 02:59:15] sleger : smart contract
[2017-03-10 02:59:19] sleger : peer to peer insurance
[2017-03-10 02:59:23] sleger : peer to peer loans
[2017-03-10 02:59:35] Sultan Pepper : sleger: but equity
[2017-03-10 02:59:35] sleger : everything decentralized that can be programmed
[2017-03-10 02:59:42] rapidtrades : that idea ell flat on its face with the DAO
[2017-03-10 03:00:10] startChat : rapidtrades: how many drugs have been bought with ETH?
[2017-03-10 03:00:22] sleger : Sultan Pepper: if you have 3m$ you prefer to buy a house pay 0 rent and have 0$ left, or rent 10k a month and invest 3m$ at 10% a year ?
[2017-03-10 03:00:29] rapidtrades : problem with bitcocin ETH etc is that the community can do any changes it wants
[2017-03-10 03:00:49] rapidtrades : DAO was supposed to be irreversible
[2017-03-10 03:00:54] sleger : rapidtrades: dao was a stupid idea / scam that wasnt made BY eth anyways
[2017-03-10 03:01:08] startChat : ETH really tarnished the idea of bitcoin
[2017-03-10 03:01:08] sleger : nothing was supposed TO BE something
[2017-03-10 03:01:14] rapidtrades : but the fork was done by ETH ppl
[2017-03-10 03:01:15] sleger : its all decentralized / vote based
[2017-03-10 03:01:23] sleger : people voted to rescue DAO dummies unfortunately
[2017-03-10 03:01:28] rapidtrades : so its the community that will ALWAYS create problems
[2017-03-10 03:01:34] sleger : yes because thats what people wanted
[2017-03-10 03:01:37] Sultan Pepper : sleger: i'm just saying, given a choice of 10k rent or 10k mortgage, wouldn't you want to see some or more than that back when you sell?
[2017-03-10 03:01:50] startChat : rapidtrades: have you seen Abra?
[2017-03-10 03:02:00] rapidtrades : no clue what that is
[2017-03-10 03:02:03] sleger : Sultan Pepper: to get a mortgage you have to put 20% down payment at least
[2017-03-10 03:02:11] startChat : rapidtrades: real use of BTC
[2017-03-10 03:02:11] rapidtrades : brb need to eat
[2017-03-10 03:02:21] Sultan Pepper : sleger: sure, but it comes back when you sell
[2017-03-10 03:02:36] sleger : Sultan Pepper: how much does it return in the meantie
[2017-03-10 03:02:43] startChat : Sultan Pepper: What if you know of a better investment for that money
[2017-03-10 03:02:44] sleger : try to do some maths
[2017-03-10 03:02:57] startChat : sleger: common way of thinking, people wnat to "own"
[2017-03-10 03:03:01] REKT : Liquidated short on `ETH7D`: buy 1 @ 0.015330
[2017-03-10 03:03:11] startChat : math won't even get through
[2017-03-10 03:03:34] sleger : startChat: he isnt even trying to think why i own apartments but rent mine
[2017-03-10 03:04:31] Sultan Pepper : sleger: can you consistently pull 10k per month with 600k capital?
[2017-03-10 03:04:46] Sultan Pepper : sleger: i fully understand landlording
[2017-03-10 03:04:48] sleger : 600k ??
[2017-03-10 03:05:00] Sultan Pepper : 20% of 3m
[2017-03-10 03:05:03] sleger : and you think mortgages are at 0% ?
[2017-03-10 03:05:13] Sultan Pepper : True
[2017-03-10 03:05:40] sleger : think of it the other way what do you think its my landlord return ?
[2017-03-10 03:06:04] Sultan Pepper : does your profit pay rent?
[2017-03-10 03:06:24] Sultan Pepper : 50+ units i'd hope ao
[2017-03-10 03:06:26] Sultan Pepper : so
[2017-03-10 03:08:10] sleger : these units are not 3m$ apartments though
[2017-03-10 03:08:31] Sultan Pepper : sleger: would you reccomend, for a green like me, to mortgage a 2-3 unit place and live in one unit?
[2017-03-10 03:08:51] Sultan Pepper : High demand units
[2017-03-10 03:09:15] sleger : thats a stupid question, if everything else equal the property is 500k or 1m$ then the answer might not be the same
[2017-03-10 03:09:20] sleger : how could I know
[2017-03-10 03:09:29] Sultan Pepper : True
[2017-03-10 03:09:42] Sultan Pepper : thanks for schoolin by the way
[2017-03-10 03:11:23] Sultan Pepper : So 200 profit on each unit, per month, assuming max capacity. What do your apartments rent for?
[2017-03-10 03:11:28] Sultan Pepper : sleger:
[2017-03-10 03:11:54] sleger : 600-700 avg
[2017-03-10 03:13:08] Sultan Pepper : So mortgage on each is 4-5 per month, unless all are payed off?
[2017-03-10 03:13:27] sleger : 4000 per month per unit ??
[2017-03-10 03:13:35] Sultan Pepper : 400-500
[2017-03-10 03:13:43] sleger : much less
[2017-03-10 03:14:01] sleger : 80
[2017-03-10 03:14:01] Sultan Pepper : wow
[2017-03-10 03:14:35] Sultan Pepper : Seriously?
[2017-03-10 03:14:49] sleger : no, 100 of interest, 65 of principal, 165 per door - ish
[2017-03-10 03:15:05] sleger : i wasnt sure, just looked my spsheet
[2017-03-10 03:15:56] Sultan Pepper : That's so cheap. Are we talkin trap houses?
[2017-03-10 03:16:01] elmorte : Sounds like sleger is in the giving mood.
[2017-03-10 03:16:16] sleger : no they're decent
[2017-03-10 03:16:16] elmorte : Hold your hands out everybody!
[2017-03-10 03:16:32] sleger : but i wouldnt live there
[2017-03-10 03:16:48] Sultan Pepper : sleger: well you live in a 3m house
[2017-03-10 03:16:48] elmorte : Sultan Pepper: last time he sent everyone a BTC...mind you it was only $400 at the time
[2017-03-10 03:16:56] elmorte : Now...we have to rely on rapid :(
[2017-03-10 03:17:07] sleger : lol
[2017-03-10 03:17:13] Sultan Pepper : elmorte: i'm just here for the advice!
[2017-03-10 03:18:31] elmorte : that's why I said he's in the giving mood :p
[2017-03-10 03:18:39] elmorte : You wouldn't get advice if he wasnt
[2017-03-10 03:19:04] sleger : Sultan Pepper: too bad, I was about to give you some btc to fund your first apartment, but since you only want the advice...
[2017-03-10 03:19:06] Sultan Pepper : elmorte: haha, this seems a lot cheaper than makimg it rain coin
[2017-03-10 03:19:26] elmorte : Sultan Pepper: smh...told ya
[2017-03-10 03:19:50] Sultan Pepper : sleger: i'll never turn down somethig given to me, but I don't like begging
[2017-03-10 03:20:05] elmorte : sleger does
[2017-03-10 03:20:16] sleger : like begging ? no
[2017-03-10 03:20:28] sleger : i made sure that jolin got banned earlier
[2017-03-10 03:20:46] elmorte : coz you like it too much :p
[2017-03-10 03:20:46] rejndjer : wow price doing nothing these last 8 hours
[2017-03-10 03:21:13] elmorte : what's that in earth hours @rejndjer ?
[2017-03-10 03:21:52] rejndjer : oh well everyone waiting etf to get denied, then real shorting can start
[2017-03-10 03:21:57] rejndjer : off to sleep folks, gn :)
[2017-03-10 03:22:11] Sultan Pepper : sleger: if you want to help fund a fresh landlord, my wife would probably thank you personally!
[2017-03-10 03:22:13] elmorte : Anyway, off to work now, got 48 apartments to catch up to...
[2017-03-10 03:22:28] Sultan Pepper : elmorte: you too?!
[2017-03-10 03:22:31] sleger : Sultan Pepper: I would need a picture first if your auctioning your wife
[2017-03-10 03:22:42] sleger : Sultan Pepper: no he only has 49
[2017-03-10 03:22:51] elmorte : yeah, rub it in @sleger
[2017-03-10 03:23:06] Sultan Pepper : sleger: hahaha i don't marry hookers, sorry ;)
[2017-03-10 03:23:56] elmorte : Sultan Pepper: lost one apartment in the january dump :(
[2017-03-10 03:24:19] Sultan Pepper : elmorte: tennants pay in btc? :D
[2017-03-10 03:24:48] elmorte : oh, no, no...I just got so mad I trashed the place and wrote it off
[2017-03-10 03:24:56] elmorte : it was therapeutic
[2017-03-10 03:25:08] Sultan Pepper : Oh you're not even kidding
[2017-03-10 03:25:09] elmorte : you should try it
[2017-03-10 03:25:51] elmorte : it was jinxed. didn't want anyone else to suffer
[2017-03-10 03:25:53] Sultan Pepper : elmorte: when i get my first apt and 50x snowball that shit, maybe i'll give it a go
[2017-03-10 03:26:08] elmorte : That;s the spirit :)
[2017-03-10 03:26:14] elmorte : Have a good one everyone!
[2017-03-10 03:26:22] Sultan Pepper : elmorte: gnight!
[2017-03-10 03:26:43] elmorte : it's almost noon :p
[2017-03-10 03:29:37] Sultan Pepper : sleger: the hot spots here go for like 7-800k. I think mortgage would be like 3700-4k, and i could rent 3 of the apartments for like 11-1200, making worst case rent for me 700. I can see the appeal
[2017-03-10 03:30:31] Sultan Pepper : if it's a 4 unit rowhouse. I need to find more current numbers though
[2017-03-10 03:30:33] sleger : you'll have property tax, various city fees (sewer, garbage) some bills, grass cut etc... to pay on top
[2017-03-10 03:30:47] sleger : +repairs, depreciation
[2017-03-10 03:31:18] Sultan Pepper : what percent "extranious" do you usually allot?
[2017-03-10 03:34:02] Sultan Pepper : There's a 2mil single family on the corner though.... O_O @sleger
[2017-03-10 03:37:13] Sultan Pepper : 8k looks pretty average. Maybe 4.5k/month would do it. Which would put my "rent" at 1200 with 3 1100 tennants.... @sleger
[2017-03-10 03:37:28] Sultan Pepper : 800k*
[2017-03-10 03:38:31] Sultan Pepper : I pay 1200 rent and utilities now, so that's no profit
[2017-03-10 03:41:44] Sultan Pepper : sleger: were you really about to give me coin? I won't sleep tonight if I don't know... i want to believe
[2017-03-10 03:43:08] sleger : people usually consider expenses on a rental to be 50% of gross rent, which I think is a fair estimate
[2017-03-10 03:44:26] troll5000 : i just a limit order in for 1224 and it executed at 1216.....
[2017-03-10 03:45:27] Sultan Pepper : sleger: whooooah, so "my" 4k mortgage needs 6k to break even?
[2017-03-10 03:47:38] Sultan Pepper : sleger: that would put my "rent" at 2400.... *not* for me
[2017-03-10 03:47:46] Sultan Pepper : not that spot at least
[2017-03-10 03:55:55] Sultan Pepper : sleger: alright, there's a 6 unit for 750k. At 3800 mortgage, 1k rent, i could make 300 a month if i move in with my Dad
[2017-03-10 03:56:36] BitMEX_John : troll5000: was it a buy order?
[2017-03-10 03:57:24] Sultan Pepper : Or pay like 700 to live in one unit, but i dont think i'd live there with people, and it might not get filled @sleger
[2017-03-10 04:03:26] sleger : yes not all areas make sense.
[2017-03-10 04:07:20] rapidtrades : sleger: ur odds for etf now?
[2017-03-10 04:11:43] troll5000 : BitMEX_John: yes
[2017-03-10 04:13:02] j8 : so okc #1 holder got liquidated twice within 24 hours yesterday. long then short
[2017-03-10 04:14:04] rapidtrades : gooood
[2017-03-10 04:14:12] j8 : and he's back with 120000 contracts
[2017-03-10 04:14:24] rapidtrades : u don't know if its the same guy
[2017-03-10 04:14:29] j8 : nope
[2017-03-10 04:14:30] rapidtrades : j8ter h8ter
[2017-03-10 04:14:43] j8 : but by definition he is #1 guy
[2017-03-10 04:14:51] rapidtrades : ok
[2017-03-10 04:14:54] Sultan Pepper : sleger: so do you have to be able to afford a property with no tennants ever to get a loan for it, even if income will be derived?
[2017-03-10 04:19:01] BitMEX_John : troll5000: if you submit a limit order that can be instantly executed by the market it will be executed
[2017-03-10 04:19:53] troll5000 : BitMEX_John: gotchya thanks
[2017-03-10 04:20:05] BitMEX_John : troll5000: if you would like to avoid this in future you must check the 'post-only' checkbox
[2017-03-10 04:24:07] rapidtrades : sleger goes to bed at 5am...what a wuss
[2017-03-10 04:27:08] Rado : rapidtrades: lol
[2017-03-10 04:27:38] Rado : rapidtrades: 5:30 Am where you are?
[2017-03-10 04:27:47] Rado : 12:30 PM here
[2017-03-10 04:28:34] Rado : rapidtrades: should I short the heck out of BTC for the announcement
[2017-03-10 04:30:50] thxforyourbtc! : why short announcement? Its approved for sure
[2017-03-10 04:32:46] rapidtrades : Rado: short
[2017-03-10 04:32:56] rapidtrades : already short here and short COIN
[2017-03-10 04:33:34] c.l : when it approved, keep watching, when if really increasing close the shorts. shorter have 10 minutes with 5% marginal loss.
[2017-03-10 04:34:03] rapidtrades : don't think u'll have 10 mins or even 1 min
[2017-03-10 04:34:32] c.l : if I long, there is just 5 seconds to close long.
[2017-03-10 04:34:33] rapidtrades : maybe if it happened on a different date
[2017-03-10 04:34:44] rapidtrades : but now every knows friday is last day
[2017-03-10 04:34:54] rapidtrades : so everyone will be watching
[2017-03-10 04:35:27] rapidtrades : wish i knew how to make bots, manually it will be a pain to do any trades
[2017-03-10 04:35:46] rapidtrades : this place is gonna lag the f*ck out
[2017-03-10 04:35:50] c.l : oh you don't use api
[2017-03-10 04:36:32] rapidtrades : pretty much have to code or hire smone cos these guys will never switch from web-based trading
[2017-03-10 04:36:52] rapidtrades : mtgox started it and they're all just following the same shitty model
[2017-03-10 04:37:09] Rado : thxforyourbtc!: it's called sell the news
[2017-03-10 04:37:13] rapidtrades : brb
[2017-03-10 04:37:26] Rado : even if it has initial pop people will sell into the news
[2017-03-10 04:38:53] arbitrage101 : morning
[2017-03-10 04:38:56] arbitrage101 : how things go
[2017-03-10 04:39:04] arbitrage101 : rapid alive for see anther day
[2017-03-10 04:39:14] Rado : arbitrage101: it's already lunch time you lazy punk
[2017-03-10 04:39:22] arbitrage101 : yea
[2017-03-10 04:39:30] KyllingLolsson : /sentiment
[2017-03-10 04:39:32] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 53.34 / 46.66 Daily : 40.76 / 59.24 Weekly : 54.03 / 45.97 Monthly : 50.62 / 49.38```
[2017-03-10 04:39:32] arbitrage101 : jogg too much e\yesterday
[2017-03-10 04:39:38] Rado : I have been up since 6 am
[2017-03-10 04:39:40] arbitrage101 : body still in pain
[2017-03-10 04:40:00] Rado : arbitrage101: how to you jog in this heat?
[2017-03-10 04:40:12] arbitrage101 : evening after rain
[2017-03-10 04:40:25] arbitrage101 : or sometimes i do it at 6am
[2017-03-10 04:40:31] Rado : I see
[2017-03-10 04:40:50] Rado : not going to come and have a beer with me?
[2017-03-10 04:41:01] arbitrage101 : where are you staying
[2017-03-10 04:41:08] arbitrage101 : i dont drink beer
[2017-03-10 04:41:10] Rado : The FACE Suits
[2017-03-10 04:41:25] XXXX : BitMEX_John: what happens to the orderbook for COIN soon after the decision. Do limit orders still gets filled?
[2017-03-10 04:41:52] BitMEX_John : XXXX: the market will function normally until settlement
[2017-03-10 04:41:58] Rado : arbitrage101: you don't drink alcohol at all?
[2017-03-10 04:42:06] arbitrage101 : less than 20 mins drive
[2017-03-10 04:42:10] arbitrage101 : rarely drink
[2017-03-10 04:42:29] arbitrage101 : largely because the tax on alcohol is so high here
[2017-03-10 04:42:35] Rado : yes
[2017-03-10 04:42:35] XXXX : BitMEX_John: so anyone who have limit orders are basically fucked as soon as the decision is out? Thats lame.
[2017-03-10 04:42:44] Rado : noticed that
[2017-03-10 04:42:50] arbitrage101 : stupidly high
[2017-03-10 04:42:54] Rado : going to Langkawi next month
[2017-03-10 04:42:54] arbitrage101 : same for car also
[2017-03-10 04:43:02] Rado : people say beer is really cheap there
[2017-03-10 04:43:05] arbitrage101 : so i drive a cheap car also
[2017-03-10 04:43:26] Rado : I am leaving on Sunday morning
[2017-03-10 04:43:41] arbitrage101 : you staying alone in bukit bintang area?
[2017-03-10 04:43:41] Rado : If you want to meet let me know
[2017-03-10 04:43:56] Rado : we can drink freshly squeezed juicce :-)
[2017-03-10 04:44:44] Rado : I am 10 min from bukit bintang
[2017-03-10 04:45:03] Rado : what do you mean alone?
[2017-03-10 04:45:10] Rado : I am with my family
[2017-03-10 04:45:11] arbitrage101 : travel alone
[2017-03-10 04:45:14] arbitrage101 : i see
[2017-03-10 04:45:20] Rado : my wife and son
[2017-03-10 04:45:53] Rado : going to the pool
[2017-03-10 04:45:55] Rado : later
[2017-03-10 04:46:01] arbitrage101 : enjoy
[2017-03-10 04:46:35] Sultan Pepper : So the SEC opperates on EST right?
[2017-03-10 04:46:45] XXXX : Bitmex should halt the trading of COIN now. Else be ready for complaints from noob traders once the decision is out and all the limit orders on one side are executed after the event. Which is a flaw.
[2017-03-10 04:46:52] Sultan Pepper : what time EST do they open?
[2017-03-10 04:47:24] arbitrage101 : Sultan Pepper: saw you ask some really basic yield questions
[2017-03-10 04:47:51] Sultan Pepper : arbitrage101: yeah, you have some landlording knowledge to drop?
[2017-03-10 04:48:29] arbitrage101 : how do you trade here without some rudimentary knowledge on finance
[2017-03-10 04:48:35] Sultan Pepper : XXXX: nah i have limits at 1 to catch any whipsaw!
[2017-03-10 04:48:56] arbitrage101 : these are just very simple yield problems
[2017-03-10 04:49:02] arbitrage101 : rent or rate
[2017-03-10 04:49:54] XXXX : Sultan Pepper: if the etf is denied, your order will be filled after the decision is out. You still want to keep that order at 1?
[2017-03-10 04:49:55] Sultan Pepper : arbitrage101: whoa man, i thought you were being nice. All the problems were me solving on my own, i was asking for property fundamentals
[2017-03-10 04:50:13] arbitrage101 : Sultan Pepper: just giving you warning
[2017-03-10 04:50:24] Sultan Pepper : XXXX: considering i'm short, yea
[2017-03-10 04:50:27] arbitrage101 : concept is same
[2017-03-10 04:50:40] Sultan Pepper : arbitrage101: warning for what?
[2017-03-10 04:50:44] XXXX : Sultan Pepper: how dumb are you? Insane.
[2017-03-10 04:51:11] arbitrage101 : whole country economic system is run on people betting yield
[2017-03-10 04:51:23] arbitrage101 : rent, profit vs interest rate
[2017-03-10 04:51:40] arbitrage101 : and asset price adjust according to the rate
[2017-03-10 04:51:51] Sultan Pepper : arbitrage101: i understand this. I'm a chef and I run the books at my restaurant
[2017-03-10 04:51:59] arbitrage101 : ok
[2017-03-10 04:51:59] KyllingLolsson : /Wallö
[2017-03-10 04:52:06] KyllingLolsson : /wall
[2017-03-10 04:52:09] trollbot : ``` ±$10 Bid|Ask liq : () $860K (0.00%) | $1584K (0.00%) ```
[2017-03-10 04:52:32] arbitrage101 : betting on property price is a bad bet now in my view
[2017-03-10 04:52:47] arbitrage101 : or rent rate for that matter
[2017-03-10 04:52:59] KyllingLolsson : /sentiment
[2017-03-10 04:53:02] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 39.64 / 60.36 Daily : 40.58 / 59.42 Weekly : 53.98 / 46.02 Monthly : 50.62 / 49.38```
[2017-03-10 04:53:13] Sultan Pepper : arbitrage101: why do you think?
[2017-03-10 04:53:42] arbitrage101 : interest rate is historical low
[2017-03-10 04:53:57] arbitrage101 : cant go lower, but plenty of room to go up
[2017-03-10 04:54:17] Sultan Pepper : arbitrage101: i'll research that, thanks
[2017-03-10 04:54:38] arbitrage101 : as rate go up, i do not think market can bear the rate increase
[2017-03-10 04:54:46] arbitrage101 : rental that is
[2017-03-10 04:55:01] Sultan Pepper : XXXX: and f uck you.
[2017-03-10 04:55:33] arbitrage101 : plus there are many too many vacant condo/apartment sitting vacant in many areas
[2017-03-10 04:56:03] Sultan Pepper : arbitrage101: where i'm looking is jam packed
[2017-03-10 04:56:05] rms : property in top tier global cities maintains its value 15-20 years from now after an AI almost singularity eliminates some kinds of basic scarcity