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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[2017-03-17 12:02:25] aron : Farzad how much do you normally buy/sell with?
[2017-03-17 12:02:33] aethlios : sold 100k 1200 usd
[2017-03-17 12:02:47] bingbongfly : haha rip XBTM
[2017-03-17 12:02:49] aron : aethilos leverage?
[2017-03-17 12:02:53] bingbongfly : 10$ premium
[2017-03-17 12:02:53] Farzad : aethlios: nice +++
[2017-03-17 12:03:20] aethlios : Farzad: close march now, nice 50 usd roll over
[2017-03-17 12:03:20] aron : aethilos im assuming 10x leverage so you put 10 bitcoins worth of your own money
[2017-03-17 12:03:33] aethlios : aron: it is roll over for march
[2017-03-17 12:04:04] DoubleU : Longing new quarterly before premium $100
[2017-03-17 12:04:21] bingbongfly : DoubleU: careful! btc has loads of problems atm..
[2017-03-17 12:04:47] l3f : New quarts wooot
[2017-03-17 12:04:58] Nutella : BUY BUY BUY
[2017-03-17 12:06:04] Derreck : Using 3x margin. I hope I am save
[2017-03-17 12:06:10] Yuppie : Happy for closeout in alts
[2017-03-17 12:06:31] Yuppie : Impossible to get out of a position there
[2017-03-17 12:06:57] Dynamix : In june we will be at 1300 ;)
[2017-03-17 12:09:00] rapidtrades : aethlios: did u catch a piece?
[2017-03-17 12:09:22] aethlios : rapidtrades: 100k for 1200, and closed march 1149
[2017-03-17 12:09:28] aethlios : roll over position
[2017-03-17 12:09:38] rapidtrades : wow ur quick
[2017-03-17 12:09:40] aethlios : rapidtrades: i sold
[2017-03-17 12:10:20] Yuppie : aethlios: nice
[2017-03-17 12:11:28] cmwprice : /sentiment
[2017-03-17 12:11:30] Dynamix : Fomo fomo jun :D
[2017-03-17 12:11:30] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 45.93 / 54.07 Daily : 61.36 / 38.64 Weekly : 52.62 / 47.38 Monthly : 51.29 / 48.71```
[2017-03-17 12:13:58] maximus_ : /joke
[2017-03-17 12:13:59] trollbot : ``` When women wear a bikini, they expose 90% of their bodies..... Men are so polite, they only look at the covered parts.```
[2017-03-17 12:16:08] aethlios : trading crypto is a serious business
[2017-03-17 12:16:18] NooBTCrader : /joke
[2017-03-17 12:16:19] trollbot : ``` My dad went to jail because of his beliefs. He believed he could masturbate on the bus.```
[2017-03-17 12:16:33] rapidgains : aethlios: only for the most professional of traders
[2017-03-17 12:18:15] reyno : I had 17BTC 10 days ago I now have 7
[2017-03-17 12:18:32] reyno : hanging my trading gloves up as I'm s hit
[2017-03-17 12:18:33] KyllingLolsson : reyno: savings
[2017-03-17 12:18:33] Actualiteit : reyno: nice
[2017-03-17 12:18:48] aron : rapidgains i understand this website no
[2017-03-17 12:18:50] Actualiteit : reyno: maybe not risking 50% of your bankroll per trade?
[2017-03-17 12:18:51] aron : now*
[2017-03-17 12:19:16] aethlios : trading is a system of transferring wealth between individuals.
[2017-03-17 12:19:34] reyno : Actualiteit: no from stupid mistakes like losing 2btc on 25x margin by setting the limit order to high trying to catch dips and not putting a stop
[2017-03-17 12:19:54] Actualiteit : lmao
[2017-03-17 12:19:58] aron : rapidgains everyone was saying that leveraging reduces the cost of the order and i sat here wondering why it doesnt increase the profit, now I know that you can increase profit by increasing number of contracts thanks to reduced cost
[2017-03-17 12:20:00] Actualiteit : no stops = guaranteed rekkage
[2017-03-17 12:20:33] REKT : Liquidated long on `ETH7D`: sell 2 @ 0.040100
[2017-03-17 12:20:39] reyno : yea then another 5 btc by adding to margin over 4 days and just not exiting properly
[2017-03-17 12:20:51] reyno : upsetting
[2017-03-17 12:21:24] reyno : any rich pro trader here fancy donating me my losses back would be appreciated ahhah
[2017-03-17 12:21:34] maximus_ : 'no'
[2017-03-17 12:22:04] reyno : thought so
[2017-03-17 12:22:10] KyllingLolsson : Hey @reyno, start doing meditation. Be calm when trading.
[2017-03-17 12:23:08] reyno : KyllingLolsson: Im just going to hold bro like I've been doing for a while otherwise its all going to go
[2017-03-17 12:23:20] reyno : hodl*
[2017-03-17 12:23:21] REKT : Liquidated short on `DASH7D`: buy 100 @ 0.083025
[2017-03-17 12:23:31] REKT : Liquidated long on `XBTM17`: sell 3377 @ 1166.51
[2017-03-17 12:23:33] KyllingLolsson : Don't give up, just trade smaler for a while, like 100 contracts, just until u can master the feelies
[2017-03-17 12:23:36] KyllingLolsson : reyno:
[2017-03-17 12:24:33] KyllingLolsson : i figured... if you do 10 sucessful trades starting from 500 contracts on 50x. U will in the end have 5 btc
[2017-03-17 12:24:45] KyllingLolsson : Using only theprofit
[2017-03-17 12:25:07] Nick Leeson : At this ETH price, emission is 1.45 mill usd a day, or 530 mill usd a year. So that is required influx of money to maintain equilibrium. It seem highly unlikely, and my guess is we'll see a huge ETH crash.
[2017-03-17 12:25:42] reyno : KyllingLolsson: yea thanks mate! will give that a try
[2017-03-17 12:26:06] KyllingLolsson : Save the rest
[2017-03-17 12:26:42] KyllingLolsson : To master the feelies is the KEY
[2017-03-17 12:28:43] cmwprice : /sentiment
[2017-03-17 12:28:47] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 47.11 / 52.89 Daily : 61.47 / 38.53 Weekly : 52.68 / 47.32 Monthly : 51.32 / 48.68```
[2017-03-17 12:28:51] REKT : Liquidated short on `ETH7D`: buy 11 @ 0.041110
[2017-03-17 12:28:56] aethlios : now thet quarterlies are out, we can move again.
[2017-03-17 12:29:29] rapidtrades : move where?
[2017-03-17 12:29:51] Actualiteit : down and up
[2017-03-17 12:29:53] aethlios : rapidtrades: trend up or down, manipulators can start the game again
[2017-03-17 12:29:55] Actualiteit : or up and down
[2017-03-17 12:30:43] shapeshifter : anyone from Bitmex here?
[2017-03-17 12:31:22] KyllingLolsson : reyno: oh, forgot to say, each trade must be a 30 dollar move
[2017-03-17 12:31:27] KyllingLolsson : reasonable
[2017-03-17 12:32:07] REKT : Liquidated short on `DASH7D`: buy 1 @ 0.085032
[2017-03-17 12:32:09] aguia7 : http://www.tradingview.com/x/vCD0YrFq
[2017-03-17 12:32:23] shapeshifter : bitmex mods, one of my position has disappeared have I been ADLed?
[2017-03-17 12:32:28] reyno : KyllingLolsson: yea thanks bro shouldn't be too hard if we start going back up again
[2017-03-17 12:32:35] shapeshifter : Why I did not receive any notification
[2017-03-17 12:32:42] shapeshifter : Cant find orders eithers
[2017-03-17 12:33:09] KyllingLolsson : reyno: Better to MISS a trade than to lose on a trade, become yoda, zenmaster
[2017-03-17 12:33:51] shapeshifter : BITMEX anyone here??
[2017-03-17 12:35:39] BitMEX_Wally : shapeshifter: The 7D contracts just expired 35 minutes ago
[2017-03-17 12:36:49] BitMEX_Wally : shapeshifter: Have a look in your trade history for a Settlement:
[2017-03-17 12:36:52] BitMEX_Wally : https://www.bitmex.com/app/tradeHistory
[2017-03-17 12:36:53] shapeshifter : BitMEX_Wally: Ah! my bad, I thought I was ADLed
[2017-03-17 12:37:09] shapeshifter : yes found them
[2017-03-17 12:37:11] shapeshifter : thanks
[2017-03-17 12:37:38] BitMEX_Wally : Cool
[2017-03-17 12:38:34] stf28 : lo@bs
[2017-03-17 12:39:52] REKT : Liquidated short on `XBTUSD`: buy 1000 @ 1151.39
[2017-03-17 12:39:59] shapeshifter : BitMEX_Wally: Can I dump the entire TI in csv and not only 100 records?
[2017-03-17 12:41:56] Dynamix : BTC will pump in 3 hours ;
[2017-03-17 12:42:25] etoque : bad time to scoop ltc so lol
[2017-03-17 12:45:12] Rado : BitMEX_Wally: hey
[2017-03-17 12:45:26] miaoux : BitMEX_Wally: Is there an option to differentiate (by colour / highlight / etc.) the separate BTC futures?
[2017-03-17 12:45:39] Rado : oh never mind
[2017-03-17 12:52:49] rapidtrades : Rado: did u sell June?????????
[2017-03-17 12:53:16] Rado : I bought June
[2017-03-17 12:53:19] rapidtrades : hmmmm???????/
[2017-03-17 12:53:29] rapidtrades : are u stupiiiiiid??????????
[2017-03-17 12:53:45] Rado : not really
[2017-03-17 12:53:47] jphamer1 : is there anything i can do to auto deleverage, twice now iv been liquidated because iv left the slider bar on leverage when playing before an order then left it without realising. grrr
[2017-03-17 12:53:50] Rado : Inhave a stop
[2017-03-17 12:54:48] shapeshifter : BitMEX_Wally: Can I dump the entire TI in csv and not only 100 records?
[2017-03-17 12:55:02] REKT : Liquidated short on `ETH7D`: buy 5 @ 0.042040
[2017-03-17 12:57:58] bitgod : dash please
[2017-03-17 12:58:27] KyllingLolsson : Droolbox
[2017-03-17 12:58:33] KyllingLolsson : im handi cplabe
[2017-03-17 12:58:50] l3f : jphamer1: try having a winning position
[2017-03-17 12:59:54] DangerandPlay : I just forgot to reopen my dash short at 8pm china time. have i just fucked up massively?
[2017-03-17 12:59:58] DangerandPlay : seems i'm down 0.6 btc
[2017-03-17 13:00:10] DangerandPlay : :9
[2017-03-17 13:00:15] DangerandPlay : :(
[2017-03-17 13:00:44] rapidtrades : yeah those weekly contracts suck
[2017-03-17 13:01:08] DangerandPlay : so it's gone. fucking hell!
[2017-03-17 13:03:08] Ahhere : DangerandPlay: ouchhh
[2017-03-17 13:03:29] DangerandPlay : stupid fucking 7-day futures contracs
[2017-03-17 13:06:07] REKT : Liquidated long on `ETH7D`: sell 33 @ 0.039990
[2017-03-17 13:09:25] l3f : rapidtrades: but muh bag hodling MMs
[2017-03-17 13:09:33] datboiyuan : Any chance of more quarterly or at least bi weekly alt futures?
[2017-03-17 13:10:47] jphamer1 : l3f: it was, i would have been in profit this morning
[2017-03-17 13:11:01] l3f : jphamer1: ah well that sucks
[2017-03-17 13:11:10] Ahhere : How do people even laugh without following trump on Twitter
[2017-03-17 13:11:54] datboiyuan : I mean zcash though ?
[2017-03-17 13:12:12] datboiyuan : imagine the €€ to have been made on a quarterly ETH or Dash
[2017-03-17 13:12:41] aethlios : dip buyers keep buying
[2017-03-17 13:12:48] sleger : ltc to the toilet
[2017-03-17 13:13:14] Dynamix : jun to 1300 ;)
[2017-03-17 13:16:42] aethlios : 80 usd short squeeze.
[2017-03-17 13:17:41] l3f : aethlios: I absolutely believe the dump was orchastrated by the likes of sleger so that june futes will be cheap
[2017-03-17 13:18:39] l3f : I'm not saying sleger did it personally, but someone like GADI will be looking for their easy entry with their big bucks and 100 btc buy walsl
[2017-03-17 13:19:07] aethlios : btc goes down because of fork possibility and alts advancing. eth market cap almost 30% of btc.
[2017-03-17 13:19:10] l3f : The altcoin pump was an excellent opportunity to shakeout noobs for everything they own
[2017-03-17 13:19:56] aethlios : many noobs accounts is a sign of top
[2017-03-17 13:20:44] KingTuna : How long will the alt bubble continue? I think perhaps into April is where it ends
[2017-03-17 13:21:03] l3f : The scaling debate had been going for years and people still believe it will "stop" bitcoin from mooning
[2017-03-17 13:21:12] l3f : KingTuna: polo will be a sea of red if btc keeps moving up
[2017-03-17 13:23:47] miccheck12 : when exactly does xbt june future start?
[2017-03-17 13:24:03] aethlios : miccheck12: already trading
[2017-03-17 13:25:12] miccheck12 : oh heh, missed that, thank you
[2017-03-17 13:28:05] rapidtrades : aethlios: u think we'll get back to $50 premium today?
[2017-03-17 13:33:26] REKT : Liquidated long on `XBTUSD`: sell 10 @ 1147.77
[2017-03-17 13:39:28] aethlios : rapidtrades: no, market is bear.
[2017-03-17 13:40:09] aethlios : trading the spread wll be nice.
[2017-03-17 13:41:17] aethlios : rapidtrades: remember the discount of 30 usd when we crash hard, so 50 usd was high.
[2017-03-17 13:41:46] aethlios : this is a nice bull trap.
[2017-03-17 13:43:52] Nick Leeson : aethlios: How to you conclude market is bear?
[2017-03-17 13:44:20] Actualiteit : Nick Leeson: I use the rapidtrades indicator
[2017-03-17 13:44:52] aethlios : Nick Leeson: depends what time frame we discuss. can be bull in daily but bear in hourly.
[2017-03-17 13:45:34] aethlios : officially bear market will have if dily below 880, ema 200 and trendline support from 180 bottom.
[2017-03-17 13:45:51] aethlios : we could retrace full to 200 if fork happens.
[2017-03-17 13:46:14] Nick Leeson : aethlios: I understand. Same thing in stocks.
[2017-03-17 13:47:33] aethlios : Nick Leeson: just btc has huge rallies in bear market, it has fast dumps and 75% retraces, so need to cover fast and reopen after a nice retrace. because many are long for ever dedicated bulls.
[2017-03-17 13:48:02] aethlios : i remember from bear market back in 2013-2015
[2017-03-17 13:49:16] btcfx77traders : At this point be careful a bear can end up being a trap
[2017-03-17 13:51:28] Nick Leeson : aethlios: Ty for advice. Don't know if I have stomach for btc swap yet.
[2017-03-17 13:51:39] aethlios : i don't call for a bear market, thet would be clueless, but fundamentals are bad until btc solves block size issue
[2017-03-17 13:52:33] Nick Leeson : aethlios: Also my take, but have noticed Japan keeps a hand under the market currently.
[2017-03-17 13:52:38] rapidtrades : WE'RE IN A BEAR MARKET AND HAVE BEEN IN ONE ALL YEAR
[2017-03-17 13:53:19] rapidtrades : ok since jan 5 not entire year
[2017-03-17 13:54:29] aethlios : i don't hold net position long on btc, i will wait for possible fork and buy then cheap when fear is high.
[2017-03-17 13:54:30] btcfx77traders : bears got lots appetite, lets see where we head to
[2017-03-17 13:55:40] aethlios : also don't believe eth or dash or xmr can replace btc. if and when block size issue solved, btc can keep growing again.
[2017-03-17 13:57:04] Nick Leeson : aethlios: I hold long position - wouldn't if it wasn't for Japan. Don't see an end to block size debate.
[2017-03-17 13:57:52] REKT : Liquidated long on `ETH7D`: sell 4 @ 0.039960
[2017-03-17 13:58:01] hmmmYea : this is not a bear market
[2017-03-17 13:58:02] REKT : Liquidated long on `XBTM17`: sell 2000 @ 1172.52
[2017-03-17 13:58:22] REKT : Liquidated long on `ETH7D`: sell 139 @ 0.039600
[2017-03-17 13:58:22] REKT : Liquidated long on `ETH7D`: sell 144 @ 0.039660
[2017-03-17 13:58:22] REKT : Liquidated long on `ETH7D`: sell 27 @ 0.039600
[2017-03-17 13:59:44] aethlios : Nick Leeson: have to understand that with price 1300 fees jumped to 2 usd, when price was 500 fees were 0.04 usd. so with price 1,800 fees will be 30 usd making network useless. needs block size issue to be solved for price to go up. it is like a shop that can't add more employees to service more people.
[2017-03-17 14:00:09] MrRGnome : aethlios: fees are dynamic, not static
[2017-03-17 14:00:40] aethlios : dynamic and go up with price.
[2017-03-17 14:01:11] MrRGnome : They go up with demand for block inclusion, not price.
[2017-03-17 14:01:37] MrRGnome : It's not like 0.001 is always the fee and as that value increases in bitcoin so does tx fees
[2017-03-17 14:01:53] hmmmYea : MrRGnome: thats reductive. when price explodes, transactions explode
[2017-03-17 14:01:54] aethlios : MrRGnome: incresed price means higher demand, more txs, more volumes etc. more network traffic.
[2017-03-17 14:02:17] btcfx77traders : i don't think Satosho would want a fork ob BTC
[2017-03-17 14:02:19] aethlios : fees were 0.0001 a year ago
[2017-03-17 14:02:27] hmmmYea : MrRGnome: price changes make people want to transact, bc they main thing you can do with bitcoins is exchange them for dollars and vice versa
[2017-03-17 14:02:33] KyllingLolsson : /sentiment
[2017-03-17 14:02:36] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 59.37 / 40.63 Daily : 60.69 / 39.31 Weekly : 53.67 / 46.33 Monthly : 51.31 / 48.69```
[2017-03-17 14:03:17] MrRGnome : There may be correlative bursts of demand, but with pumps in price, but that's all it is a burst. Example, price was settled at 1230 for a week, fees jumped when it was reaching 1230 post etf, then settled
[2017-03-17 14:03:35] btcfx77traders : i believe price is just one small property of bitcoin, we shouldn't get stuck with it
[2017-03-17 14:03:42] Nick Leeson : aethlios: I agree completely about fees.
[2017-03-17 14:04:12] MrRGnome : You guys re nuts about fees, the way they work has nothing to do with price.
[2017-03-17 14:04:21] MrRGnome : Just read the protocol specs if you disagree
[2017-03-17 14:04:22] hmmmYea : MrRGnome: the bigger bitcoin is, the more transaction people will want to do
[2017-03-17 14:04:28] Nick Leeson : aethlios: Actually calculated emission from different crypto today - it's fun when price changes.
[2017-03-17 14:04:38] aethlios : bitmex has now 0.003 btc fees crazy. 3.45 usd for a withdraw
[2017-03-17 14:04:57] bingbongfly : aethlios: "crazy"
[2017-03-17 14:05:05] bingbongfly : Better then Poloniex
[2017-03-17 14:05:26] bingbongfly : You can't even deposit 20$ in ETH, minimum deposit 1 eth = 40$
[2017-03-17 14:05:45] Nick Leeson : aethlios: At current BTC price, emission is 2 mill usd / day and 740 mill usd / year
[2017-03-17 14:05:47] bingbongfly : they discriminate the small fish! xD
[2017-03-17 14:05:59] rapidtrades : lol @3.45 fees
[2017-03-17 14:06:02] rapidtrades : BITMEX U CAN NOT BE SRS
[2017-03-17 14:06:09] rapidtrades : CUT THIS SHIT OUT NOW
[2017-03-17 14:06:25] aethlios : Unconfirmed Transactions Optimal Fee / Kb Low Priority Fee / Kb 15,530 (35,488.11 Kb) 0.00149309 BTC 0.00063322 BTC
[2017-03-17 14:06:32] REKT : Liquidated short on `ETH7D`: buy 5 @ 0.039420
[2017-03-17 14:06:32] REKT : Liquidated short on `ETH7D`: buy 20 @ 0.039470
[2017-03-17 14:06:40] aethlios : optimal is half, why they have such fees???
[2017-03-17 14:06:55] rapidtrades : making miners rich
[2017-03-17 14:07:04] aethlios : rapidtrades: they must allow users to choose
[2017-03-17 14:07:10] rapidtrades : @bitmex
[2017-03-17 14:07:31] hmmmYea : aethlios: they dont want to deal with reddit posts when users set the fee too low and then blame bitmex
[2017-03-17 14:08:31] MrRGnome : rapidtrades: Have you seen the current transaction backlog? Nothing bitmex can reasonably do about it, they are just trying to get priority. Current recommendation is 180-200 sats per byte for next block inclusion
[2017-03-17 14:09:39] MrRGnome : Which is I think the highest I've seen it, despite the price being $200 from ath
[2017-03-17 14:09:53] Nick Leeson : aethlios: Funny thing is with such high fees, miners are profiting more short term (until price drops), which make them invest more in hashpower, these investments is fees going to fiat bought asics, so it is btc removed from ecosystem out in fiat world. In other words fees eat of the price in more than one way.
[2017-03-17 14:09:56] aethlios : arbitrage traders moving coins around pay a lot for withdraw fees.
[2017-03-17 14:10:21] rapidtrades : there needs to be choice cos most ppl dont wants next block inclusion
[2017-03-17 14:10:23] Tetsuo : aethlios: ltc quarts pumping
[2017-03-17 14:10:34] Tetsuo : new high
[2017-03-17 14:10:58] aethlios : Nick Leeson: true!!!
[2017-03-17 14:11:07] rapidtrades : $3.45 with no option to go lower is such bullshit
[2017-03-17 14:11:18] MrRGnome : Nick Leeson: You guys can't have it both ways - fees can't counter price movements AND be positively correlated with price.
[2017-03-17 14:11:34] hmmmYea : MrRGnome: WHAT??
[2017-03-17 14:11:43] rapidtrades : shut up Gnome we just want to choose lower fee like on every other exchange
[2017-03-17 14:11:50] MrRGnome : People are just flipping about high fees and looking to any conspiracy theory for an answer.
[2017-03-17 14:12:07] hmmmYea : thats the same way
[2017-03-17 14:12:16] Nick Leeson : MrRGnome: Fees counter price moving up, not down.
[2017-03-17 14:12:31] rapidtrades : also i can push a transaction in ext block for 50-60 cents its not my fault bitmex decided to use multi-sig
[2017-03-17 14:12:35] MrRGnome : Nick Leeson: You just said fees create sell pressure from miners as they buy hardware
[2017-03-17 14:12:50] MrRGnome : Which would mean fees should be a lagging negative correlation
[2017-03-17 14:12:56] rapidtrades : so they force users to use their fees on top of already high fees for multi-sig
[2017-03-17 14:13:04] bingbongfly : ETH discount! load up
[2017-03-17 14:13:28] rapidtrades : 3.45 is just stupid....i wouldn't say a ripoff cos they're not keeping it
[2017-03-17 14:13:43] aethlios : i should have bought a 100x futures btc fees contract and make 000s of profit.
[2017-03-17 14:13:45] rapidtrades : total waste of money
[2017-03-17 14:13:48] MrRGnome : If segwit gets passed the multisig wallets will go way down in fee cost
[2017-03-17 14:13:52] hmmmYea : rapidtrades: agreed
[2017-03-17 14:14:23] MrRGnome : Could be well over a year before it's activated though
[2017-03-17 14:14:47] hmmmYea : MrRGnome: people may not care about bitcoin in a year
[2017-03-17 14:15:15] MrRGnome : hmmmYea: then let it crash, all the more bitcoin for me.
[2017-03-17 14:15:35] REKT : Liquidated long on `ETH7D`: sell 1 @ 0.038920
[2017-03-17 14:15:53] hmmmYea : MrRGnome: ?
[2017-03-17 14:15:57] Nick Leeson : MrRGnome: Thats not what I said. I said that fees make miners more profitable short term. This will make make it possible to invest more in asics. Asics are bought from fiat. Thats btc out of the ecosystem. Its like the dog eating its own tail. Of course in long term equilibrium is reached. Unfourtunately with selfreinforcing things like this it can take quite some time, while price moves toward its balance point.
[2017-03-17 14:16:21] hmmmYea : Nick Leeson: all that is right
[2017-03-17 14:16:38] aethlios : Tetsuo: impressive how well ltcusd holds while btcusd dumps
[2017-03-17 14:16:40] MrRGnome : I said exactly what you siad and did not take any other meaning from it. What you are saying directly contradicts the idea that price rises == fees rise
[2017-03-17 14:17:22] hmmmYea : MrRGnome: no it doesnt
[2017-03-17 14:17:31] Tetsuo : aethlios: okkorn quarts startin to pump now, BTC-e next
[2017-03-17 14:17:32] MrRGnome : Your idea evaluates to price rises, fees follow a lagging negative correlation to price as they are used to buy fiat, thus pushing down price
[2017-03-17 14:18:10] MrRGnome : You can't have price up == fees up but fees up == price down
[2017-03-17 14:18:12] MrRGnome : Shit's incoherent
[2017-03-17 14:18:59] hmmmYea : MrRGnome: no. thats not what he's saying at all
[2017-03-17 14:19:25] MrRGnome : So he's not saying that increased fees with price rises will be sold, for fiat, to buy asic?
[2017-03-17 14:19:32] REKT : Liquidated long on `ETH7D`: sell 90 @ 0.038280
[2017-03-17 14:19:32] REKT : Liquidated long on `ETH7D`: sell 34 @ 0.038280
[2017-03-17 14:19:35] REKT : Liquidated long on `ETH7D`: sell 100 @ 0.038270
[2017-03-17 14:19:35] REKT : Liquidated long on `ETH7D`: sell 2 @ 0.038210
[2017-03-17 14:20:19] KyllingLolsson : /sentiment
[2017-03-17 14:20:21] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 63.61 / 36.39 Daily : 60.57 / 39.43 Weekly : 53.47 / 46.53 Monthly : 51.31 / 48.70```
[2017-03-17 14:20:37] REKT : Liquidated short on `XBTUSD`: buy 100000 @ 1153.34 **EPIC REKT** :unamused: :confounded: :astonished:
[2017-03-17 14:22:16] hmmmYea : MrRGnome: if we want to reduce what he's saying.. its that fees => higher block rewards... most of that money is spent on useless stuff like asics and electricity. so all the new money coming into bitcoin, first has to fund the block rewards.. then price will rise to find sellers willing to cash out. the higher the block reward, the less fiat available to buy bitcoins from hodlers
[2017-03-17 14:22:38] MrRGnome : How do you not comprehehnd that I am accepting your premise, and drawing a conclusion from it.
[2017-03-17 14:23:09] hmmmYea : highers fees are functionally equivalent to higher inflation
[2017-03-17 14:23:22] hmmmYea : of supply
[2017-03-17 14:23:25] MrRGnome : Dear lord
[2017-03-17 14:23:37] MrRGnome : This is the problem with bitcoiners, not enough technical savy and too much arm chair economics
[2017-03-17 14:25:39] MrRGnome : An increased block reward IS inflation. An increased fee is not an increased block reward, no matter how it may seem like it or what the fee is spent on. What you're describing is not inflation.
[2017-03-17 14:25:59] MrRGnome : inflation == the coinbase reward only, not fee.
[2017-03-17 14:26:27] hmmmYea : MrRGnome: omg. duh.
[2017-03-17 14:26:43] MrRGnome : [08:23] hmmmYea: highers fees are functionally equivalent to higher inflation of supply
[2017-03-17 14:27:00] hmmmYea : MrRGnome: but the effect of more fees on the prices of bitcoin and the market supply of bitcoin IS equivalent to having a higher block reward
[2017-03-17 14:27:13] datboiyuan : how
[2017-03-17 14:27:20] MrRGnome : No, it really isn't.
[2017-03-17 14:27:31] hmmmYea : MrRGnome: functionally equivalent and "==" are the not same thing
[2017-03-17 14:27:33] MrRGnome : It's more money in the miners pocket and does nothing to inflate btc
[2017-03-17 14:27:47] hmmmYea : MrRGnome: no it isnt.
[2017-03-17 14:27:57] datboiyuan : the fee is closer to wage than inflation
[2017-03-17 14:27:58] hmmmYea : MrRGnome: and thats where YOU are wrong
[2017-03-17 14:28:02] MrRGnome : If you think that more money in th eminers pocket is functionally equivilant to inflation you don't know what inflation is
[2017-03-17 14:28:12] hmmmYea : MrRGnome: bitcoin mining is a low margin business
[2017-03-17 14:28:16] MrRGnome : I can't help someone who hsa such sever term confusion
[2017-03-17 14:30:03] sleger : "hmmmYea: MrRGnome: bitcoin mining is a low margin business" <= do you have any idea how much it costs to mine a bitcoin currently ?
[2017-03-17 14:30:16] sleger : for chinese miners,, not you with a GPU
[2017-03-17 14:30:38] MrRGnome : I do, I keep the number handy as my potential bottom price floor.
[2017-03-17 14:31:19] rapidtrades : sleger: i heard current cost is 600$ for 1y old equipment
[2017-03-17 14:31:21] sleger : MrRGnome: my question was to the other idiot
[2017-03-17 14:31:32] sleger : coz he said its low margin... has no clue
[2017-03-17 14:31:38] rapidtrades : so that's almost 100%
[2017-03-17 14:31:43] rapidtrades : gain right there
[2017-03-17 14:31:44] sleger : "low margin"
[2017-03-17 14:31:58] rapidtrades : MrRGnome: whats the number
[2017-03-17 14:32:00] Nick Leeson : Apparently scaling discussions always evolve into problems. So on another note, calculated emission rates today. ETH is at 530 mill usd a year with price at 47$, compare that to Bitcoin 740 mill at 1130, and Zcash at 128 mill, and Litecoin at 22 mill.
[2017-03-17 14:32:07] hmmmYea : sleger: its low margin for the marginal producer....
[2017-03-17 14:32:21] REKT : Liquidated short on `ETH7D`: buy 500 @ 0.038820
[2017-03-17 14:32:23] datboiyuan : like you in your closet?
[2017-03-17 14:32:31] datboiyuan : that's why no one solo mines btc
[2017-03-17 14:32:34] hmmmYea : sleger: and if you steal electricity, you are taking other risks
[2017-03-17 14:33:10] datboiyuan : I mine with my xbox, gets me like .5 btc every 18months
[2017-03-17 14:33:12] datboiyuan : pretty good
[2017-03-17 14:34:24] MrRGnome : Using chinese elec rates and old antminers I'm coming up with ~$500 @rapidtrades
[2017-03-17 14:35:03] KyllingLolsson : /sentiment
[2017-03-17 14:35:06] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 53.23 / 46.77 Daily : 60.63 / 39.37 Weekly : 53.37 / 46.63 Monthly : 51.30 / 48.70```
[2017-03-17 14:36:06] REKT : Liquidated short on `ETH7D`: buy 30 @ 0.039380
[2017-03-17 14:37:51] rapidtrades : MrRGnome: s9?
[2017-03-17 14:40:08] cryptoyolo : btc to 1185
[2017-03-17 14:40:09] MrRGnome : I'm using the S9 numbers of 0.1 joules per gh
[2017-03-17 14:40:12] MrRGnome : rapidtrades:
[2017-03-17 14:41:41] REKT : Liquidated short on `XBTUSD`: buy 1000 @ 1159.38
[2017-03-17 14:43:54] hmmmYea : sleger: hey, i have a test for you. i know you've been to impress with your credentials and trade history... but i dont care about that. want to play? if you can answer, i actually will be legitmately impressed.
[2017-03-17 14:44:42] sleger : test on what ?
[2017-03-17 14:44:57] hmmmYea : know of crypto derivatives
[2017-03-17 14:45:00] hmmmYea : knowledge*
[2017-03-17 14:45:15] sleger : 3 min, phone call to make
[2017-03-17 14:45:20] hmmmYea : unlike credentials, i can trustlessly verify
[2017-03-17 14:45:21] hmmmYea : ok
[2017-03-17 14:47:05] rapidtrades : im getting 730$ profit per year with 1300$ investment
[2017-03-17 14:47:06] sup : mm
[2017-03-17 14:47:15] sleger : hmmmYea: ok, not so sure what there is to know about crypto derivatives but go ahead
[2017-03-17 14:47:27] rapidtrades : not taking into account difficulty increases
[2017-03-17 14:47:43] sleger : i've traded what i've traded, i might not know about what i havent traded...
[2017-03-17 14:48:16] hmmmYea : sleger: 1. what's the basis bt bitmex Jun futes and index spot worth and why? 2. what are the most important risk factors that affect its value?
[2017-03-17 14:48:27] sup : im getting 5000$ profit per year with just 100$
[2017-03-17 14:48:28] sleger : oh its a real quiz
[2017-03-17 14:48:32] hmmmYea : that should be 1. and 2., but i cant type
[2017-03-17 14:48:35] sleger : lol i dont have time for all that
[2017-03-17 14:48:35] MrRGnome : painfully dumb. It just hurts. @hmmmYea Doesn't the sound of your own typing make you cringe
[2017-03-17 14:48:38] sup : in sports betting
[2017-03-17 14:48:39] datboiyuan : jesus
[2017-03-17 14:48:48] hmmmYea : sleger: fair enough
[2017-03-17 14:48:50] sleger : i thought it was a smart quick answer question @hmmmYea
[2017-03-17 14:50:33] REKT : Liquidated short on `XBTH17`: buy 20000 @ 1165.37
[2017-03-17 14:50:34] hmmmYea : sleger: the worst trader i ever knew was also the best at answering factual questions about trading
[2017-03-17 14:50:54] sleger : but these are not even smart tricky questions
[2017-03-17 14:51:07] sleger : i thought you were going to ask me something like what made the 796 futures special
[2017-03-17 14:51:12] REKT : Liquidated short on `XBTUSD`: buy 350 @ 1162.58
[2017-03-17 14:51:30] MrRGnome : You can answer the first half of the question by just looking at the instrument but ht esecond have is entirely speculative and subjective
[2017-03-17 14:51:31] hmmmYea : sleger: pretty sure most of the people in this trollbox would not even know how to start answering it though
[2017-03-17 14:51:56] hmmmYea : sleger: like MrR's answer, for instance
[2017-03-17 14:52:00] sleger : MrRGnome: the answer to 2 is because thats what people here are willing to pay for it....
[2017-03-17 14:52:23] sleger : and sell of course
[2017-03-17 14:52:38] MrRGnome : He asked what the risk factors were in the difference between basis and index. And he's a retard.
[2017-03-17 14:53:26] hmmmYea : sleger: the "whatever the market decides" answer is reductive
[2017-03-17 14:53:27] laisee : do we have to pass a test now in order to trade?
[2017-03-17 14:53:45] sleger : laisee: you dont get to ask questions
[2017-03-17 14:54:07] laisee : Y?
[2017-03-17 14:54:07] MrRGnome : No, but I'm interested in something. @hmmmYea Why don't you calculate for me what it costs to mine a bitcoin with an S7. Show your math.
[2017-03-17 14:54:15] sleger : laisee: its hmmmyeah turn
[2017-03-17 14:54:27] sleger : MrRGnome: its low margin
[2017-03-17 14:54:29] hmmmYea : MrRGnome: bc i dont care what you think about me
[2017-03-17 14:54:43] MrRGnome : hmmmYea: So you can or cannot do math?
[2017-03-17 14:55:00] sleger : i thought we were gonna have more fun questions
[2017-03-17 14:55:01] laisee : sleger: I am waiting my turn to be shown up as the turnip that I am
[2017-03-17 14:55:03] sleger : i have one
[2017-03-17 14:55:51] laisee : Je sui un Turnip
[2017-03-17 14:56:25] sleger : how much would you pay now to be able to enter a position in a perp swap quanto without funding that is marked to spot and you can exit at anytime at spot price ?
[2017-03-17 14:57:14] hmmmYea : sleger: the quanto pays in dollars or bitcoins?
[2017-03-17 14:57:24] hmmmYea : like what is its home currency
[2017-03-17 14:57:24] laisee : der
[2017-03-17 14:57:32] sleger : btc
[2017-03-17 14:57:35] laisee : quanto means
[2017-03-17 14:57:43] sleger : like a bitmex product, like they had before
[2017-03-17 14:57:53] hmmmYea : sleger: ahhh.gotcha
[2017-03-17 14:58:07] sleger : see, thats a more fun question
[2017-03-17 14:58:16] hmmmYea : sleger: i can hold it for forever if i want?
[2017-03-17 14:58:20] sleger : yes
[2017-03-17 14:58:51] sleger : no leverage at entry, cant use pnl until you realize it
[2017-03-17 14:59:06] hmmmYea : sleger: i dont have long term data on the funding rates
[2017-03-17 14:59:15] sleger : no funding i said
[2017-03-17 14:59:34] hmmmYea : sleger: i dont have long term data on the bitmex swap
[2017-03-17 14:59:47] hmmmYea : that i would use this instrument as a hedge to my arb
[2017-03-17 14:59:50] sleger : what do you need to know ?
[2017-03-17 15:00:06] MrRGnome : sleger: If it's marked to spot, you'd pay spot. Although not sure how a perpetual swap futures can exist without funding or loan interest and still track the marked spot.
[2017-03-17 15:00:18] hmmmYea : sleger: can i get ADL'd?
[2017-03-17 15:01:58] rapidtrades : lol @thesenewbs asking sleger Qs
[2017-03-17 15:02:06] rapidtrades : he's not a helpful person
[2017-03-17 15:02:54] BTCDJS : Yes he is
[2017-03-17 15:02:59] hmmmYea : sleger: i think you would pay almost the whole price of bitcoin... bc its a free option with infinite time until maturity
[2017-03-17 15:03:43] rapidtrades : swap is stupid madeup product
[2017-03-17 15:03:54] BTCDJS : no its not
[2017-03-17 15:03:55] sleger : what do you mean by paying the whole price of bitcoin ?
[2017-03-17 15:03:59] rapidtrades : im just looking to exit and never enter again
[2017-03-17 15:04:02] MrRGnome : all derivatives are stupid made up products
[2017-03-17 15:04:06] sleger : you cant get adl in that contract
[2017-03-17 15:04:09] BTCDJS : no you arent
[2017-03-17 15:04:22] hmmmYea : sleger: if you lose you never close, if you win you can exercise when it is in exercisable
[2017-03-17 15:04:25] MrRGnome : Are you still short eth and btc?
[2017-03-17 15:04:25] rapidtrades : yes i am
[2017-03-17 15:04:28] MrRGnome : rapidtrades:
[2017-03-17 15:04:30] BTCDJS : no you're not
[2017-03-17 15:04:32] MrRGnome : Ahh shit man.
[2017-03-17 15:04:53] sleger : hmmmYea: you can exercise whenever you want, your choice, but i think you're all missing the point here
[2017-03-17 15:04:55] rapidtrades : im only short swap cos don't want to get ADLed above 1k
[2017-03-17 15:05:04] sleger : if @j8 was around he'd probably know
[2017-03-17 15:05:04] MrRGnome : Why would he suddenly start lying for attention now, he's obnoxious enough to get all the attention he needs. @BTCDJS
[2017-03-17 15:05:16] hmmmYea : sleger: if i am losing, i dont have to put up margin right?
[2017-03-17 15:05:29] hmmmYea : thats what i thought you said
[2017-03-17 15:05:36] BTCDJS : MrRGnome: no he isnt
[2017-03-17 15:05:36] rapidtrades : im not short ETH dumbass...i was replying to BTCJDS
[2017-03-17 15:05:40] rapidtrades : MrRGnome:
[2017-03-17 15:06:13] MrRGnome : rapidtrades you were at one point, I remember because you being short made me exit my short because I don't want to be dumb like you.
[2017-03-17 15:06:19] hmmmYea : sleger: so its funcitonally equivalent to a perpetual american call struck at the money
[2017-03-17 15:06:21] sleger : no you dont need to, lets say you have collateral in $ that makes it 0 risk , you will always have enough margin
[2017-03-17 15:06:40] hmmmYea : sleger: ohhh
[2017-03-17 15:06:47] datboiyuan : hmmmYea: big words fancy terms AHHH!!!
[2017-03-17 15:06:48] sleger : hmmmYea: no its not just a call, you have the swap so you lose as it goes down
[2017-03-17 15:06:54] hmmmYea : i thought you didnt have to post margin if you were losing on the swap at all
[2017-03-17 15:07:02] hmmmYea : sleger: i understand
[2017-03-17 15:07:12] hmmmYea : sleger: THAT would have been a good brainteaser
[2017-03-17 15:07:20] KyllingLolsson : /sentiment
[2017-03-17 15:07:23] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 35.58 / 64.42 Daily : 60.28 / 39.72 Weekly : 52.90 / 47.10 Monthly : 51.28 / 48.72```
[2017-03-17 15:09:07] hmmmYea : sleger: i think it only real value derives from its utility hedging the bitmex perp swap. im not sure what a good estimate is for the quilibrium funding rate.. but whatever that is, discounted at my own discount rate
[2017-03-17 15:09:37] sleger : you're completely ignoring the fact its a quanto
[2017-03-17 15:10:26] hmmmYea : sleger: fuck me
[2017-03-17 15:10:36] hmmmYea : sleger: yea, you're right
[2017-03-17 15:10:40] hmmmYea : sleger: are you from drw?
[2017-03-17 15:11:08] sleger : i have never said where i work
[2017-03-17 15:11:25] hmmmYea : sleger: i know. have you ever worked at drw?
[2017-03-17 15:11:44] sleger : i dont answer personal questions like that
[2017-03-17 15:12:04] hmmmYea : hmmmm
[2017-03-17 15:12:15] hmmmYea : but yes. you just price the convexity
[2017-03-17 15:12:38] hmmmYea : sleger: is this chad?
[2017-03-17 15:13:03] sleger : chad ?
[2017-03-17 15:13:15] hmmmYea : sleger: is your first name chad?
[2017-03-17 15:13:47] Tetsuo : chad sleger?
[2017-03-17 15:13:50] Tetsuo : doesn´t sound french
[2017-03-17 15:14:02] sleger : lol no
[2017-03-17 15:14:21] BTCDJS : sleger: whats your star sign
[2017-03-17 15:14:36] sleger : Whale
[2017-03-17 15:14:48] BTCDJS : favorite color?
[2017-03-17 15:14:58] sleger : blue, like all whales
[2017-03-17 15:15:16] BTCDJS : only a Chad would say things like that
[2017-03-17 15:15:35] sleger : damn, you got me
[2017-03-17 15:24:01] aethlios : sleger: 1020 ορ 1200???
[2017-03-17 15:24:07] aethlios : or
[2017-03-17 15:24:19] sleger : aethlios: next price hit ?
[2017-03-17 15:24:38] aethlios : sleger: next price level. retest ETF bottom??
[2017-03-17 15:24:55] sleger : we are closer to 1200 so its more likely
[2017-03-17 15:25:09] sleger : LTC, 3 or 20 first ?
[2017-03-17 15:25:42] Tetsuo : :-(
[2017-03-17 15:26:24] aethlios : if stabilizes above 5 (5,00-5,25) then 90% goes 20, 10% 3. too soon to say, need to kill triangle with convincing volume. but holds well while btc dumping.
[2017-03-17 15:27:04] aethlios : i say 1020 btc 75% prob. and 25% 1200
[2017-03-17 15:29:12] REKT : Liquidated long on `XBTUSD`: sell 3950 @ 1159.09
[2017-03-17 15:29:12] REKT : Have a bowl of chop-chop suey!
[2017-03-17 15:34:04] ferpozie : Hello
[2017-03-17 15:34:54] ferpozie : Is it possible to post a trade without leverage from the beginning and introduce leverage if there is a price increase?
[2017-03-17 15:35:58] aethlios : ferpozie: yes, clisk 5x, 10x etc.
[2017-03-17 15:36:04] BitMEX_Greg : ferpozie: Yes you can do so, however this will not increase your position size
[2017-03-17 15:46:57] aethlios : dash 100 usd again
[2017-03-17 15:55:52] REKT : Liquidated long on `ETH7D`: sell 10 @ 0.038460
[2017-03-17 15:55:52] REKT : Liquidated long on `ETH7D`: sell 25 @ 0.038910
[2017-03-17 15:56:16] barrack obama : Hello fellows, why at 1pm all my positions automatically closed
[2017-03-17 15:56:19] KyllingLolsson : /sentiment
[2017-03-17 15:56:22] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 51.58 / 48.42 Daily : 60.25 / 39.75 Weekly : 52.92 / 47.08 Monthly : 51.29 / 48.71```
[2017-03-17 15:56:55] barrack obama : on 3 accounts...
[2017-03-17 15:57:17] hmmmYea : is the polo API less laggy than the polo on my browser?
[2017-03-17 15:57:25] barrack obama : Did finish 7day contract at 1pm? or why
[2017-03-17 15:57:41] BitMEX_Sam : barrack obama: Yes, see your https://www.bitmex.com/app/tradeHistory
[2017-03-17 15:57:44] sleger : barrack obama: ask Hillary
[2017-03-17 16:00:35] REKT : Liquidated long on `ETH7D`: sell 500 @ 0.038990
[2017-03-17 16:00:36] barrack obama : she doesnt know
[2017-03-17 16:07:15] sleger : barrack obama: she probably deleted the email to not leave any trace
[2017-03-17 16:10:34] Farzad : LOCK HER UP
[2017-03-17 16:10:34] REKT : Liquidated short on `ETH7D`: buy 50 @ 0.039780
[2017-03-17 16:15:08] Ahhere : Farzad: "because you'd be in jail." Best debate comment in history. Lol
[2017-03-17 16:15:26] Farzad : lol yeah
[2017-03-17 16:17:24] Sultan Pepper : How did Donald's rape charges go?
[2017-03-17 16:17:53] Sultan Pepper : You know, the underage girl at the sex party
[2017-03-17 16:18:59] Farzad : Sultan Pepper: it was a lie
[2017-03-17 16:19:34] Actualiteit : Sultan Pepper: werent the charges dropped because oh dear it was all bullshit?
[2017-03-17 16:20:21] Actualiteit : something something fake news the MSM is complaining about while they did it themselves during the election LOL
[2017-03-17 16:22:35] REKT : Liquidated long on `ETH7D`: sell 381 @ 0.038360
[2017-03-17 16:22:39] l3f : sleger: hey I have a question, you say you never use stops, what happens if you find yourself in a losing trade? Do you average down or cut?
[2017-03-17 16:23:27] l3f : And how often do you check your positions? How long do you trade every day?
[2017-03-17 16:23:36] KyllingLolsson : /sentiment
[2017-03-17 16:23:38] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 57.67 / 42.33 Daily : 60.44 / 39.56 Weekly : 52.87 / 47.13 Monthly : 51.30 / 48.70```
[2017-03-17 16:23:57] freact : I was in a pretty bad long yesterday, over 1200. I averaged down all night in the dips and sold at a modest profit today
[2017-03-17 16:24:12] freact : but im a noob
[2017-03-17 16:25:14] sleger : l3f: i dont know it never happens
[2017-03-17 16:25:21] freact : lol
[2017-03-17 16:25:34] sleger : jk, doesnt matter if trade is winning or losing, if i think it is still a good position i keep it, otherwise i dont
[2017-03-17 16:26:48] l3f : sleger: what size is your typical position relative to your total account size?
[2017-03-17 16:26:54] hmmmYea : sleger: unlike most of what sleger says, that actually is good advice
[2017-03-17 16:27:20] stanleylee : /wall
[2017-03-17 16:27:28] sleger : everything i say seriously is good advice, most people just cant understand it
[2017-03-17 16:27:55] sleger : l3f: what if I have 1 btc and 1btc long swap 1 btc short quaterly, how should i answer your question ?
[2017-03-17 16:28:54] l3f : You always take risk free arb and never hold btc positions?
[2017-03-17 16:29:34] ferpozie : BitMEX_Greg: and will not increase profits too. So what is the advantage of introducing the leverage after posting the trade?
[2017-03-17 16:29:37] sleger : i didnt say that
[2017-03-17 16:30:11] l3f : sleger: I think how much do you risk per trade would be a better question
[2017-03-17 16:30:33] sleger : i dont put risk per trade
[2017-03-17 16:30:48] l3f : how does that work?
[2017-03-17 16:30:51] atlanta : What exactly happens at settlement on future contracts like ETH7D? Who purchases the long or short positions ?
[2017-03-17 16:31:02] l3f : atlanta: cash settled
[2017-03-17 16:31:02] sleger : but i'd say, if i own 1000btc, i almost never have a net long or short position above 1000btc
[2017-03-17 16:31:48] atlanta : l3f: does that mean all open positions are averaged to a price ?
[2017-03-17 16:31:57] ferpozie : is there an advatage in buying futures or swaps?
[2017-03-17 16:32:05] l3f : atlanta: no it is like a cfd
[2017-03-17 16:32:15] aethlios : http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/ what a mess, civil war.
[2017-03-17 16:32:48] Actualiteit : aethlios: ridiculous
[2017-03-17 16:35:44] hmmmYea : aethlios: miners just looking extra "money in their pockets"... even if it destroys bitcoin
[2017-03-17 16:36:13] l3f : aethlios: jesus christ
[2017-03-17 16:36:30] l3f : but it is good for everyone
[2017-03-17 16:36:56] aethlios : exchanges want also double fees, volatility etc. so wish for two btc fighting each other.
[2017-03-17 16:37:19] l3f : If BU forks
[2017-03-17 16:37:21] hmmmYea : BitMEX_Sam: in a hard fork, will futures settles to XBT? or XBT + BTU?