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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[2017-03-19 21:29:22] ThruTheFloor : Watch, we're in a triangle right now, we're gonna bounce off 1041
[2017-03-19 21:29:34] KyllingLolsson : cmwprice: i didnt believe it would fail to pass that line
[2017-03-19 21:29:49] aethlios : i should talk after opening the position
[2017-03-19 21:30:44] cmwprice : /sentiment
[2017-03-19 21:30:46] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 62.14 / 37.87 Daily : 47.65 / 52.35 Weekly : 55.93 / 44.07 Monthly : 52.62 / 47.38```
[2017-03-19 21:30:47] KyllingLolsson : aethlios: haha yeah maybe if 50 btc is nothing 4 u
[2017-03-19 21:32:32] REKT : Liquidated long on `XBTUSD`: sell 5000 @ 1044.92
[2017-03-19 21:32:34] ThruTheFloor : Watch it bounce here
[2017-03-19 21:33:04] premium_freak : yup, it's bouncing down
[2017-03-19 21:33:13] Ahhere : aethlios: do you have that long term support chart you linked recently?
[2017-03-19 21:33:29] ThruTheFloor : premium_freak: lol ok
[2017-03-19 21:33:59] aethlios : Ahhere: i will post an updated one in a few minutes.
[2017-03-19 21:34:27] REKT : Liquidated long on `XBTUSD`: sell 6000 @ 1041.54
[2017-03-19 21:34:29] Ahhere : cool thx
[2017-03-19 21:34:32] DorianWhack-A-Moto : ThruTheFloor: watch it bounce from 1040 you said?
[2017-03-19 21:34:58] ThruTheFloor : DorianWhack-A-Moto: How's your short from 1000 working out?
[2017-03-19 21:35:24] hmmmYea : sleger: what do you make of the short term flip in BTC/USD... ETH/BTC correl?
[2017-03-19 21:35:26] REKT : Liquidated long on `XBTH17`: sell 8349 @ 1035.89
[2017-03-19 21:35:29] DorianWhack-A-Moto : it was 1002 and i closed at 974. remember i said we'd see 970 before 1050?
[2017-03-19 21:35:42] REKT : Liquidated long on `XBTUSD`: sell 4975 @ 1040.57
[2017-03-19 21:35:42] REKT : :btc: :soon: :toilet:
[2017-03-19 21:35:43] REKT : Liquidated long on `XBTUSD`: sell 12500 @ 1040.49
[2017-03-19 21:36:17] ThruTheFloor : DorianWhack-A-Moto: Oh right, I slept thru that, nvm
[2017-03-19 21:36:24] sleger : hmmmYea: was pretty busy last days to do much, so im mostly ethusd long at this point
[2017-03-19 21:36:39] sleger : I have seen it, but havent acted on it yet, because no time
[2017-03-19 21:36:49] DorianWhack-A-Moto : ThruTheFloor: i dont sleep on shorts and i dont like paying funding so i close if one of those things is about to happen
[2017-03-19 21:37:35] Dynamix : If we break 1030 we are gonna go to shitland
[2017-03-19 21:37:44] donsteep : sleep without shorts, got it
[2017-03-19 21:37:57] donsteep : good advice for trading and life
[2017-03-19 21:38:11] DorianWhack-A-Moto : real traders dont wear pants
[2017-03-19 21:38:39] lev_ : Hi there
[2017-03-19 21:38:46] aethlios : opened 1051 average 50 btc short okcoin biweekly.
[2017-03-19 21:39:08] lev_ : Anyone nice to help me with some basic questions on trading in BitMex?
[2017-03-19 21:39:29] aethlios : https://www.tradingview.com/x/VUJ6tNMB/ 835-850 target, maybe 775 over extended panic dump. panic below ema200 882
[2017-03-19 21:40:01] j8 : aethlios: funny how okc futures are more bullish than here (XBT and XBC)
[2017-03-19 21:40:47] ThruTheFloor : If BTC is about to drop, is it a good idea to long ETH? The inverse relationship still applies or not anymore?
[2017-03-19 21:41:00] lev_ : How do I know the interest rate I pay on a regular margin position?
[2017-03-19 21:41:39] aethlios : j8: because 50% their index is okcoin.cn, huobi, btcc and those coins are less volatile now because of withdraw ban.
[2017-03-19 21:42:40] Freewizard : How high are we going
[2017-03-19 21:42:42] j8 : thats why i mentioned XBC series here, which have also been a bit lower
[2017-03-19 21:42:47] aethlios : Ahhere: https://www.tradingview.com/x/VUJ6tNMB/
[2017-03-19 21:42:48] premium_freak : lev_: afaik you only pay interest on the swap, but not on the futures
[2017-03-19 21:43:29] rapidtrades : dash just doesn't want to die
[2017-03-19 21:44:16] sleger : not yet
[2017-03-19 21:44:18] sleger : its time will come
[2017-03-19 21:44:31] hmmmYea : /price
[2017-03-19 21:44:35] trollbot : ``` Bitstamp : 1038.68 (0.03%) Bitfinex : 1037.40 (-0.42%) The Woodchipper : 1049.20 (-0.09%) itBit : 1036.67 (-0.43%) Kraken : 1018.83 (-0.02%) GDAX : 1042.38 (-0.77%) SLQ : 1 hour, 16 mins```
[2017-03-19 21:46:09] rapidtrades : what do u think about this bounce guys? dead cat huh?
[2017-03-19 21:46:28] j8 : most likely
[2017-03-19 21:46:29] cmwprice : rapidtrades: Will go back to 1060 no?
[2017-03-19 21:47:08] lev_ : premium_freak: So the intrest changes by what's here:? https://www.bitmex.com/app/contract/XBTUSD
[2017-03-19 21:47:24] lev_ : That is 0.1362% for today right?
[2017-03-19 21:47:48] aethlios : lev_: it is for 8 hours
[2017-03-19 21:48:05] j8 : hitting new lows will start to break long term trendlines
[2017-03-19 21:48:07] Ahhere : aethlios: nice on bro might put a few buy orders down there on my santa christmas list
[2017-03-19 21:48:10] sleger : total for today was close to 1%
[2017-03-19 21:48:15] sleger : lev_:
[2017-03-19 21:48:55] lev_ : aethlios: Just to make sure, 0.1362% for only 8 hours currently?
[2017-03-19 21:49:19] sleger : yes
[2017-03-19 21:49:30] premium_freak : wow, that's a lot
[2017-03-19 21:49:32] sleger : was 0.37% past 8 hours
[2017-03-19 21:49:36] aethlios : lev_: yes, and place the cursor on the rate and saya predicted funding for the next 8 hours.
[2017-03-19 21:49:37] sleger : premium_freak: it is
[2017-03-19 21:50:22] lev_ : Wowsee.. thanks people
[2017-03-19 21:50:41] cryptoyolo : rapidtrades: u still bearish? i mean... we basically saw a tripple bottom at 940
[2017-03-19 21:51:20] DorianWhack-A-Moto : read vinny linghams latest tweets and blog. big money dumping btc
[2017-03-19 21:51:26] sleger : it must be really weak then if one rejection wasnt enough ? @cryptoyolo
[2017-03-19 21:51:39] cryptoyolo : sleger: u got a point
[2017-03-19 21:51:56] sleger : cryptoyolo: my point was just that comment last yours can be taken both ways
[2017-03-19 21:52:00] sleger : so they're useless
[2017-03-19 21:52:02] Sultan Pepper : cryptoyolo: does he?
[2017-03-19 21:52:07] sleger : just like TA in general
[2017-03-19 21:52:08] premium_freak : I'd like to short some DASH, but the 7 day settlement seems kind of useless to me.. I'd like to short it for at least a month
[2017-03-19 21:52:31] cryptoyolo : sleger: usually when i see a tripple i consider it to be strong actually
[2017-03-19 21:52:33] sleger : premium_freak: go to polo then
[2017-03-19 21:52:49] DorianWhack-A-Moto : premium_freak: dont short alts now.
[2017-03-19 21:52:58] sleger : cryptoyolo: when I start to see stuff on a chart, I turn off my computer and go to bed
[2017-03-19 21:53:37] premium_freak : DorianWhack-A-Moto: it's in my nature to be contrarian
[2017-03-19 21:53:42] cryptoyolo : wtf...
[2017-03-19 21:53:48] cmwprice : /sentiment
[2017-03-19 21:53:50] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 60.81 / 39.19 Daily : 47.74 / 52.26 Weekly : 55.94 / 44.06 Monthly : 52.62 / 47.38```
[2017-03-19 21:53:51] DorianWhack-A-Moto : premium_freak: well good luck
[2017-03-19 21:54:02] REKT : Liquidated short on `ETH7D`: buy 7 @ 0.043060
[2017-03-19 21:54:07] REKT : Liquidated short on `ETH7D`: buy 120 @ 0.043520
[2017-03-19 21:54:07] REKT : Liquidated short on `ETH7D`: buy 21 @ 0.043640
[2017-03-19 21:54:11] sleger : as long as he oesnt short eth
[2017-03-19 21:54:15] Sultan Pepper : sleger: do you go purely FA and PA?
[2017-03-19 21:54:32] REKT : Liquidated short on `ETH7D`: buy 176 @ 0.043730
[2017-03-19 21:54:35] REKT : Liquidated short on `ETH7D`: buy 300 @ 0.043940
[2017-03-19 21:54:46] DorianWhack-A-Moto : all alts in bubble because of btc. btc likely to hit new lows, new highs for alts
[2017-03-19 21:55:04] sleger : Sultan Pepper: FA, PA ?
[2017-03-19 21:55:37] Sultan Pepper : sleger: sorry, Fundamental and Psycholgical Analysis, respectively
[2017-03-19 21:55:59] sleger : ah no, that goes into it, but not just that, definitely not useless though
[2017-03-19 21:56:03] sleger : unlike TA
[2017-03-19 21:56:04] KyllingLolsson : cmwprice: dont worry man :) stay calm and enjoy the waves! Buy eth!
[2017-03-19 21:56:30] premium_freak : sleger: generally I agree with what you're saying about TA, but there's one simple set up that keeps making money for me in btc
[2017-03-19 21:57:06] sleger : premium_freak: I'd bet its not purely based on TA directly or TA indirectly uses WHY it works
[2017-03-19 21:57:26] lopol : Why my available balance is stuck lower when i first changed risk limit to 500 and then back to 100?
[2017-03-19 21:57:46] premium_freak : yup, probably... but it doesn't matter for me :p
[2017-03-19 21:57:47] Sultan Pepper : sleger: i do feel like fundamentals and psychology reveal themselves in a chart, and support/resistance surely isn't too out there. But TA seems a bit laggy most of the tome
[2017-03-19 21:57:48] lopol : It was much higer before i changed it and changed it back
[2017-03-19 21:58:07] sleger : Sultan Pepper: TA is an indirect use/representation of those yes
[2017-03-19 21:58:12] sleger : sometimes
[2017-03-19 21:58:16] rapidtrades : sleger trades on TA just doesn't call it that cos he wants to feel speshul
[2017-03-19 21:59:05] aethlios : BU ABOVE 40% hash rate, maybe that's why the dump.
[2017-03-19 21:59:07] aethlios : Blocks Mined by Bitcoin Client Unlimited: 350 / 1000 Core: 642 / 1000 Other: 8 / 1000 Estimated Hashrate by Bitcoin Client Unlimited: 1,504PH/s (40.26%) Core: 2,219PH/s (59.4%) Other: 13PH/s (0.35%)
[2017-03-19 21:59:09] Sultan Pepper : My rapid/sleger theory is fucking my brain right now
[2017-03-19 21:59:29] Tetsuo : aethlios: thx for povidin FACTS
[2017-03-19 21:59:47] sleger : unlimited facts matter
[2017-03-19 22:00:04] sleger : ust BUY the damn ETH
[2017-03-19 22:01:17] aethlios : sleger: we eth is a hedge to btc?? failure of btc doesn't mean success of eth.
[2017-03-19 22:01:34] rapidtrades : aethlios: its been at 40% all day
[2017-03-19 22:01:44] sleger : eth doesnt give a greek yogurt about btc success or not
[2017-03-19 22:02:07] aethlios : rapidtrades: last time i checked a few hours before 38%
[2017-03-19 22:02:11] rapidtrades : i think ppl are trusting the new finex market and think fork will not be so bad
[2017-03-19 22:02:27] hmmmYea : rapidtrades: the finex mkt is deceptive...
[2017-03-19 22:02:40] hmmmYea : rapidtrades: wait actually.. i reread what you wrote
[2017-03-19 22:02:45] hmmmYea : rapidtrades: i agree
[2017-03-19 22:02:53] hmmmYea : lol
[2017-03-19 22:03:19] rapidtrades : they're wrong tho cos just like with ETF, its not giving the correct odds
[2017-03-19 22:03:59] hmmmYea : rapidtrades: in what way?
[2017-03-19 22:04:58] aethlios : rapidtrades: prices on finex are based on hash rate for each coin, as BU hash rate goes up then bcu price will go up, with 50%-50% has prices will be the same.
[2017-03-19 22:05:23] abbey : expect btc crash hard soon
[2017-03-19 22:05:33] cmwprice : abbey: Why?
[2017-03-19 22:05:40] hmmmYea : cmwprice: magic 8 said so
[2017-03-19 22:05:43] hmmmYea : ball*
[2017-03-19 22:06:11] Ahhere : abbey: wow abbey is bearish what the shit?
[2017-03-19 22:06:12] rapidtrades : look at current prices 789 or core, that can't be the bitcoin price post fork, its way too high
[2017-03-19 22:06:15] DorianWhack-A-Moto : cmwprice: https://twitter.com/VinnyLingham/status/843512421511708672
[2017-03-19 22:06:18] abbey : it looks like it, imo
[2017-03-19 22:06:26] rapidtrades : the fork scenarioes are too optimistic, both of them
[2017-03-19 22:07:26] aethlios : rapidtrades: don't you get it?? there is an arb in finex. you can exchange 1 bcc+1 bcu with 1 btc NOW, so prices there are irrelevant with fork.
[2017-03-19 22:07:31] Ahhere : abbey: I'm short and sold much btc which is rare
[2017-03-19 22:08:23] abbey : Ahhere: same, except i got rekt hard
[2017-03-19 22:08:45] DorianWhack-A-Moto : im not going full vinny and selling all my coldstorage, but taking as much profit as i can while price is over 1000
[2017-03-19 22:08:51] Ahhere : abbey: ouch yep i had a bad march too
[2017-03-19 22:09:06] Ahhere : trading wise
[2017-03-19 22:09:22] Ahhere : my cold storage actually made me lots of btc and didn't do too bad because of my eth
[2017-03-19 22:09:28] premium_freak : I don't get what vinny is saying about holding btcu
[2017-03-19 22:09:43] premium_freak : if the network forks, don't you end up with both tokens?
[2017-03-19 22:10:13] hmmmYea : yea
[2017-03-19 22:10:40] DorianWhack-A-Moto : premium_freak: he's talking about btc. right now a high price is pushing us closer to forking with unlimited. its in the miners interest to keep price high and blocks full. when miners start losing money with lower price it will force them to take action
[2017-03-19 22:11:01] premium_freak : ah, okay, got it now
[2017-03-19 22:11:22] REKT : Liquidated long on `LTC7D`: sell 1 @ 0.003820
[2017-03-19 22:13:11] premium_freak : honestly, the sooner the network forks, the better.. let the market decide the best approach to scaling
[2017-03-19 22:13:22] REKT : Liquidated short on `XBTUSD`: buy 35500 @ 1046.27
[2017-03-19 22:13:39] Dynamix : Sell Jun ;)
[2017-03-19 22:20:56] zach719 : buy???
[2017-03-19 22:21:19] cmwprice : zach719: Till 1060 at least I think
[2017-03-19 22:21:35] REKT : Liquidated short on `DASH7D`: buy 1 @ 0.102663
[2017-03-19 22:21:58] abbey : bulls gonna get rekt! :D
[2017-03-19 22:22:03] aethlios : https://cdn.shopify.com/s/files/1/0060/6102/products/book_buy_sell_sell_new_1024x1024.jpg?v=1291137799
[2017-03-19 22:23:03] cmwprice : abbey: When?
[2017-03-19 22:23:15] abbey : soon
[2017-03-19 22:23:18] DorianWhack-A-Moto : rekts coming soon
[2017-03-19 22:23:24] cmwprice : abbey: How soon?
[2017-03-19 22:23:31] cmwprice : /sentiment
[2017-03-19 22:23:34] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 56.91 / 43.09 Daily : 47.33 / 52.67 Weekly : 55.93 / 44.07 Monthly : 52.62 / 47.38```
[2017-03-19 22:24:03] abbey : starting now
[2017-03-19 22:24:25] cmwprice : abbey: Price prediction at midnight?
[2017-03-19 22:24:53] DorianWhack-A-Moto : bitcoin needs about tree fiddy
[2017-03-19 22:25:08] DorianWhack-A-Moto : its about that time i realized
[2017-03-19 22:25:09] abbey : utc? @cmwprice
[2017-03-19 22:25:26] cmwprice : abbey: Yeah sorry
[2017-03-19 22:26:17] abbey : 1200
[2017-03-19 22:26:53] cmwprice : abbey: How does that mean bulls will get rekd?!
[2017-03-19 22:27:01] Ahhere : DorianWhack-A-Moto: tree fiddy confirmed
[2017-03-19 22:27:42] cmwprice : abbey: Obviously it's not going there, but do you think up?
[2017-03-19 22:27:44] jayesh : abbey: and why do you think so ?
[2017-03-19 22:27:46] abbey : cmwprice: first down
[2017-03-19 22:28:07] cmwprice : abbey: This is interesting. What are you basing this on?
[2017-03-19 22:28:26] DorianWhack-A-Moto : Ahhere: this guy thinks bitcoin need tree tirdy seven https://twitter.com/ARKblockchain/status/843154147495108611
[2017-03-19 22:28:31] rapidtrades : https://blog.coinbase.com/update-for-customers-with-bitcoin-stored-on-coinbase-904dea08ac5f
[2017-03-19 22:28:47] rapidtrades : what the actual f*ck coinbase
[2017-03-19 22:29:36] rapidtrades : will bitmex give us both coins?
[2017-03-19 22:29:47] REKT : Liquidated long on `XBTUSD`: sell 6000 @ 1038.35
[2017-03-19 22:30:12] REKT : Liquidated long on `XBTUSD`: sell 2133 @ 1037.36
[2017-03-19 22:30:12] REKT : Liquidated long on `XBTUSD`: sell 4000 @ 1037.63
[2017-03-19 22:30:13] ross : abbey: how did you know this was gonna happen?
[2017-03-19 22:30:20] abbey : weeee
[2017-03-19 22:30:20] Ahhere : DorianWhack-A-Moto: good lord btc won't survive that shirly
[2017-03-19 22:30:32] REKT : Liquidated long on `XBTUSD`: sell 9000 @ 1036.62
[2017-03-19 22:30:41] DorianWhack-A-Moto : Ahhere: it will, but it will be bloody.
[2017-03-19 22:30:42] REKT : Liquidated long on `XBTUSD`: sell 50 @ 1036.11
[2017-03-19 22:30:42] REKT : Liquidated long on `XBTUSD`: sell 210000 @ 1034.53 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2017-03-19 22:30:49] jayesh : abbey: small move. Not a Big one yet
[2017-03-19 22:30:53] premium_freak : 210k, not bad :)
[2017-03-19 22:31:07] DorianWhack-A-Moto : Oh lord look at stamp
[2017-03-19 22:31:25] DorianWhack-A-Moto : sorry bulls
[2017-03-19 22:31:37] cmwprice : DorianWhack-A-Moto: What happened?
[2017-03-19 22:31:48] Ahhere : ross: abbey has been the biggest bull I've seen on here(except maybe ugly old goat). when abbey is bearish its bad.
[2017-03-19 22:31:53] DorianWhack-A-Moto : cmwprice: dipped down to 1022. back to 1026
[2017-03-19 22:32:18] Tetsuo : Ahhere: where is ugly old goat?
[2017-03-19 22:32:40] needmoneyquick : eth going to soar its looking?
[2017-03-19 22:32:56] cmwprice : abbey: When do we go back up?
[2017-03-19 22:33:04] Ahhere : I dunno didn't see him but I've been busy @Tetsuo
[2017-03-19 22:33:17] Tetsuo : i hope he got rekt
[2017-03-19 22:33:43] Ahhere : Tetsuo: lol did he piss u off?
[2017-03-19 22:33:45] cmwprice : /sentiment
[2017-03-19 22:33:48] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 57.36 / 42.64 Daily : 46.96 / 53.04 Weekly : 55.94 / 44.06 Monthly : 52.62 / 47.38```
[2017-03-19 22:34:32] REKT : Liquidated long on `XBTUSD`: sell 5000 @ 1031.63
[2017-03-19 22:35:05] DorianWhack-A-Moto : /rekt
[2017-03-19 22:35:06] trollbot : ``` 3 recent REKTs > 100K: ``` ``` 4 mins ago: Liquidated long on `XBTUSD`: sell 210000 @ 1034.53 **REKTosaurus** :slot_machine: :moneybag: :fire: ``` ``` 6 hours, 54 mins ago: Liquidated short on `XBTUSD`: buy 100000 @ 1010.42 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 21 hours, 44 mins ago: Liquidated short on `XBTM17`: buy 100000 @ 1000.02 **EPIC REKT** :unamused: :confounded: :astonished: ```
[2017-03-19 22:35:18] DorianWhack-A-Moto : not looking good
[2017-03-19 22:35:53] rapidtrades : LET IT FALL
[2017-03-19 22:36:02] rapidtrades : u already raped us 1.2% in funding
[2017-03-19 22:36:16] DorianWhack-A-Moto : finex barley holding 1020
[2017-03-19 22:36:21] DorianWhack-A-Moto : barely
[2017-03-19 22:36:27] REKT : Abandon the ship!
[2017-03-19 22:36:27] REKT : Liquidated long on `XBTUSD`: sell 11000 @ 1029.84
[2017-03-19 22:36:29] rapidtrades : /price
[2017-03-19 22:36:33] trollbot : ``` Bitstamp : 1021.18 (-1.68%) Bitfinex : 1019.00 (-1.77%) The Woodchipper : 1038.21 (-1.05%) itBit : 1025.21 (-1.11%) Kraken : 1009.00 (-0.96%) GDAX : 1023.02 (-1.86%) SLQ : 51 mins```
[2017-03-19 22:36:51] Apocalyptic : aethlios: nice call on that short
[2017-03-19 22:37:09] rapidtrades : plz remove okc, volume so low
[2017-03-19 22:37:21] REKT : Liquidated long on `XBTUSD`: sell 6000 @ 1028.36
[2017-03-19 22:37:25] Tetsuo : THE KORN IS ROTTEN TO THE CORE
[2017-03-19 22:37:29] cmwprice : /sentiment
[2017-03-19 22:37:31] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 53.90 / 46.10 Daily : 46.97 / 53.03 Weekly : 55.93 / 44.07 Monthly : 52.62 / 47.38```
[2017-03-19 22:37:37] REKT : Liquidated long on `XBTUSD`: sell 79 @ 1026.87
[2017-03-19 22:37:57] REKT : Liquidated long on `XBTUSD`: sell 5000 @ 1024.89
[2017-03-19 22:38:10] DorianWhack-A-Moto : stamp going to 1000
[2017-03-19 22:38:12] KingTuna : I just don't see how BTC could go up with all this hard fork FUD going around
[2017-03-19 22:38:16] hmmmYea : ok coin lol
[2017-03-19 22:38:18] DorianWhack-A-Moto : think 1000 might hold
[2017-03-19 22:38:31] cmwprice : abbey: When should we buy?
[2017-03-19 22:38:31] Dynamix : bitstamp down 1012
[2017-03-19 22:38:33] Dynamix : /price
[2017-03-19 22:38:36] trollbot : ``` Bitstamp : 1011.00 (-1.00%) Bitfinex : 1018.30 (-0.07%) The Woodchipper : 1040.89 (0.26%) itBit : 1017.79 (-0.72%) Kraken : 1011.46 (0.24%) GDAX : 1021.98 (-0.10%) SLQ : 2 mins```
[2017-03-19 22:39:05] DoubleU : 850 coming
[2017-03-19 22:39:15] rapidtrades : smone dump 10k on okc plz, k tnx
[2017-03-19 22:39:20] aethlios : bitmex must tell us if they will credit to our account BTU if fork happens.
[2017-03-19 22:39:21] hmmmYea : hahaha
[2017-03-19 22:39:30] hmmmYea : ok coin is already on BCU
[2017-03-19 22:39:38] rapidtrades : @bitmex tell US
[2017-03-19 22:40:00] aethlios : rapidtrades: coinbased said no, polo said yes.
[2017-03-19 22:40:11] premium_freak : aethlios: I believe they already said they would do both tokens
[2017-03-19 22:40:13] rapidtrades : coinbase is such shit
[2017-03-19 22:40:37] rapidtrades : premium_freak: no
[2017-03-19 22:41:08] aethlios : premium_freak: i don't ask to have products, just to credit to our accounts the btu, and when network is safe we can withdraw them.
[2017-03-19 22:42:08] hmmmYea : aethlios: they said we would get the BTUs
[2017-03-19 22:42:27] aethlios : also what the indexes will represent.
[2017-03-19 22:42:41] hmmmYea : aethlios: they said they have not decided that yet
[2017-03-19 22:43:51] aethlios : hmmmYea: If the BU fork does succeed, we intend to take every possible step to ensure the safety and integrity of customer deposits on both chains. this means for sure we will receive BTUs???
[2017-03-19 22:44:41] hmmmYea : aethlios: no, bitmex_sam ( i think) said it in chat
[2017-03-19 22:44:42] etoque : etc going to moon
[2017-03-19 22:45:08] REKT : Liquidated short on `XMR7D`: buy 1200 @ 0.023240
[2017-03-19 22:45:20] aethlios : better have a public announcement
[2017-03-19 22:45:38] hmmmYea : agreed
[2017-03-19 22:47:03] Ahhere : etoque: or double top..
[2017-03-19 22:47:35] etoque : not even 2 dollars for decentralized gouvernance ? My bad dash is 110$
[2017-03-19 22:47:42] etoque : ;)
[2017-03-19 22:49:43] Ahhere : etoque: dash is an enigma wrapped in a riddle
[2017-03-19 22:49:54] etoque : no you're just blind
[2017-03-19 22:49:55] etoque : its ok
[2017-03-19 22:50:09] Ahhere : marinaded in pump
[2017-03-19 22:50:56] Ahhere : etoque: its 1/3 ath I wouldn't invest in etc unless it broke that maybe you're right but I would be surprised
[2017-03-19 22:51:34] etoque : cryptocurrency is full of surprise :)
[2017-03-19 22:51:55] etoque : Btc is done for couple month easy,if not years,will shine back
[2017-03-19 22:52:00] etoque : alt
[2017-03-19 22:55:10] cmwprice : /price
[2017-03-19 22:55:13] trollbot : ``` Bitstamp : 1034.00 (2.27%) Bitfinex : 1035.90 (1.73%) The Woodchipper : 1048.99 (0.78%) itBit : 1028.85 (1.09%) Kraken : 1034.94 (2.32%) GDAX : 1035.98 (1.37%) SLQ : 16 mins```
[2017-03-19 22:59:07] Ahhere : etoque: agreed but I'm not betting on that alt being around in 3 years
[2017-03-19 22:59:35] etoque : principal subject here is etc not dash :P
[2017-03-19 22:59:42] etoque : : p
[2017-03-19 23:00:07] rangle : ETH lookin stong
[2017-03-19 23:00:12] rangle : strong*
[2017-03-19 23:01:06] REKT : Liquidated short on `ETH7D`: buy 400 @ 0.043920
[2017-03-19 23:01:17] Ahhere : #stongtogether
[2017-03-19 23:07:24] lev : Hi guys, is there a link somewhere here to what is ROE% and how it's calculated?
[2017-03-19 23:09:30] j8 : unrealised pnl / initial margin
[2017-03-19 23:14:30] lev : thx!
[2017-03-19 23:16:42] rangle : pretty low volume on june contract so far
[2017-03-19 23:20:22] aethlios : below 800 pray for core.
[2017-03-19 23:24:07] cmwprice : /sentiment
[2017-03-19 23:24:09] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 52.10 / 47.90 Daily : 46.98 / 53.02 Weekly : 55.91 / 44.09 Monthly : 52.61 / 47.39```
[2017-03-19 23:29:08] Roston : Time for some degenerate 100x trading
[2017-03-19 23:29:17] REKT : Liquidated long on `XBTUSD`: sell 200 @ 1028.01
[2017-03-19 23:32:19] emcor : /rekt
[2017-03-19 23:32:19] trollbot : ``` 3 recent REKTs > 100K: ``` ``` 1 hour, 1 min, ago: Liquidated long on `XBTUSD`: sell 210000 @ 1034.53 **REKTosaurus** :slot_machine: :moneybag: :fire: ``` ``` 7 hours, 51 mins ago: Liquidated short on `XBTUSD`: buy 100000 @ 1010.42 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 22 hours, 41 mins ago: Liquidated short on `XBTM17`: buy 100000 @ 1000.02 **EPIC REKT** :unamused: :confounded: :astonished: ```
[2017-03-19 23:37:04] frog : Roston: GL
[2017-03-19 23:38:48] Roston : I dont even understand how to lose all my money here lmao
[2017-03-19 23:39:05] Roston : my nubness does not understand this order system
[2017-03-19 23:39:15] frog : 100% margin small move can cause liquidation even of u r on right side
[2017-03-19 23:39:27] etoque : how u loose money into bullish market
[2017-03-19 23:39:35] etoque : switch to alt now and ur ok
[2017-03-19 23:40:58] frog : try small trade at 10% to get used to clicking right buttons and seeing what happens in real life
[2017-03-19 23:42:16] Roston : Yeah 100% going to have to try that, or this 1 btc going to go real fast lol
[2017-03-19 23:44:50] frog : they mark against index which can be above or below swap price but you buy and sell at swap price
[2017-03-19 23:45:17] frog : can get closed out based on index even if swap price is ok
[2017-03-19 23:46:25] cmwprice : /sentiment
[2017-03-19 23:46:27] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 51.80 / 48.20 Daily : 47.34 / 52.66 Weekly : 55.94 / 44.06 Monthly : 52.62 / 47.38```
[2017-03-19 23:46:42] REKT : Liquidated long on `XBTUSD`: sell 3 @ 1021.31 :punch: :whale:
[2017-03-19 23:48:12] cmwprice : /sentiment
[2017-03-19 23:48:14] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 52.02 / 47.98 Daily : 47.37 / 52.63 Weekly : 55.94 / 44.06 Monthly : 52.62 / 47.38```
[2017-03-19 23:48:17] REKT : Liquidated long on `XBTUSD`: sell 15000 @ 1014.89
[2017-03-19 23:48:45] cryptoyolo : my short thanks
[2017-03-19 23:50:13] Ahhere : SAD!
[2017-03-19 23:51:21] Ahhere : /price
[2017-03-19 23:51:25] trollbot : ``` Bitstamp : 1012.64 (-2.07%) Bitfinex : 1010.50 (-2.45%) The Woodchipper : 1016.91 (-3.06%) itBit : 1009.38 (-1.89%) Kraken : 1003.00 (-3.09%) GDAX : 1012.40 (-2.28%) SLQ : 56 mins```
[2017-03-19 23:51:40] cmwprice : Buy the dip!
[2017-03-19 23:52:11] cmwprice : /sentiment
[2017-03-19 23:52:13] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 61.83 / 38.17 Daily : 47.47 / 52.53 Weekly : 55.97 / 44.03 Monthly : 52.63 / 47.38```
[2017-03-19 23:52:32] freact : sell the bounce!
[2017-03-19 23:52:47] cmwprice : freact: Yeah, when we bounce, sell!
[2017-03-19 23:55:31] cmwprice : /price
[2017-03-19 23:55:35] trollbot : ``` Bitstamp : 1014.29 (0.16%) Bitfinex : 1016.70 (0.61%) The Woodchipper : 1022.01 (0.50%) itBit : 1011.71 (0.23%) Kraken : 1006.40 (0.34%) GDAX : 1016.23 (0.38%) SLQ : 4 mins```
[2017-03-19 23:57:17] alejandromasari : /price
[2017-03-20 00:00:52] jezeus : test net has officially forked into two chains.
[2017-03-20 00:01:02] jezeus : https://www.reddit.com/r/Bitcoin/comments/60bhom/please_eli5_what_happened_testnet_different/df5fe0w/?context=3
[2017-03-20 00:06:24] j8 : oh shit better sell my testnet btc
[2017-03-20 00:22:01] aethlios : jezeus: what that means?? can they fork the real chain with <50% hash rate??
[2017-03-20 00:26:59] etoque : lol they can fork chain with 0% hashrate
[2017-03-20 00:27:43] BitMEX_Sam : Testnet forks & reorgs very regularly
[2017-03-20 00:27:46] etoque : except if you talk hashrate = vote
[2017-03-20 00:27:56] BitMEX_Sam : We see it a few times a month, which temporarily affects testnet.bitmex.com.
[2017-03-20 00:28:24] BitMEX_Sam : Testnet hashrate is very low so it's easy for someone with a few old ASICs to cause some havoc
[2017-03-20 00:28:55] BitMEX_Sam : In other words, nothing to see here.
[2017-03-20 00:29:29] hmmmYea : BitMEX_Sam: any news on the fate of the index linked to XBTM17 in the event of a hard ford?
[2017-03-20 00:29:31] hmmmYea : fork
[2017-03-20 00:30:58] BitMEX_Sam : None yet - we will provide clarity on this soon.
[2017-03-20 00:31:03] hmmmYea : ok ty
[2017-03-20 00:32:14] aethlios : BitMEX_Sam: Sam also please clarify in the announcement if we will receive bitcoin unlimited for our BTC deposited here.
[2017-03-20 00:35:29] Todd : hi, wanted to try the testnet.bitMex.com sandbox... how do I fund the account with testnet Bitcoin
[2017-03-20 00:36:59] BitMEX_Sam : aethlios: Will do.
[2017-03-20 00:37:11] BitMEX_Sam : Todd: At the deposit page, you can receive Testnet bitcoin from any of the listed faucets.
[2017-03-20 00:39:22] Todd : oh, i see, thank you! :-)
[2017-03-20 00:39:30] Todd : (smiley face)
[2017-03-20 00:47:29] datboiyuan : is it just me or are people way overreacting to this hard fork talk
[2017-03-20 00:47:40] Winklevoss : datboiyuan: I don't think so
[2017-03-20 00:47:57] Winklevoss : datboiyuan: it could have serious implications, have you not considered?
[2017-03-20 00:48:08] datboiyuan : yes I've considered
[2017-03-20 00:48:23] datboiyuan : first, I don't think it's likely, and in the long run I don't think the price will be affected much
[2017-03-20 00:48:51] Winklevoss : datboiyuan: i agree it is not so likely, why do you think the price will be unaffected much?
[2017-03-20 00:52:37] datboiyuan : I think in the short term we'll see some fear and some competition
[2017-03-20 00:53:10] datboiyuan : but over time, I think the better product will be obvious and we'll just have another alt coin
[2017-03-20 00:53:38] datboiyuan : that'll be rebranded and may be what some people prefer, but bitcoin will always be bitcoin
[2017-03-20 00:56:22] REKT : Liquidated short on `XBTUSD`: buy 3500 @ 1022.80
[2017-03-20 01:06:49] aguia7 : Everyone, enjoy. A lot of people are going to start buying bitcoin, taking advantage of what became cheap. And that will raise the price. Independent of the news. Who buys bitcoins, does not read news, only buys. Investors, and traders like us who keep selling all the time.
[2017-03-20 01:24:07] REKT : Liquidated short on `ETH7D`: buy 1 @ 0.042850
[2017-03-20 01:26:56] KingTuna : ETH on its way up or in some sort of triangle?
[2017-03-20 01:27:30] cryptoyolo : short more here
[2017-03-20 01:27:52] DoubleU : either at the top of the bull trap in their bubble or ETH going to shoot higher
[2017-03-20 01:27:58] cryptoyolo : actually going to wait till 1034-1035
[2017-03-20 01:34:10] Roston : lol dammit, missed my entry at 1015 by 1 dollar
[2017-03-20 01:37:09] donsteep : well someone who almost sold into it should be quite happy not
[2017-03-20 01:37:15] donsteep : *now
[2017-03-20 01:48:34] etoque : etc going 0.01
[2017-03-20 01:55:31] degen : nothing to be bullish about in BTC imo. Shorting this with all of my might
[2017-03-20 02:11:02] REKT : Liquidated short on `XBTUSD`: buy 20000 @ 1035.71
[2017-03-20 02:11:12] Ahhere : etoque: did etc break 0.002?
[2017-03-20 02:11:31] etoque : in processing
[2017-03-20 02:13:31] Farzad : /rekt
[2017-03-20 02:13:32] trollbot : ``` 3 recent REKTs > 100K: ``` ``` 3 hours, 42 mins ago: Liquidated long on `XBTUSD`: sell 210000 @ 1034.53 **REKTosaurus** :slot_machine: :moneybag: :fire: ``` ``` 10 hours, 32 mins ago: Liquidated short on `XBTUSD`: buy 100000 @ 1010.42 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 25 hours, 22 mins ago: Liquidated short on `XBTM17`: buy 100000 @ 1000.02 **EPIC REKT** :unamused: :confounded: :astonished: ```
[2017-03-20 02:16:55] Farzad : /price
[2017-03-20 02:16:57] trollbot : ``` Bitstamp : 1032.11 (1.76%) Bitfinex : 1033.40 (1.64%) The Woodchipper : 1041.87 (1.94%) itBit : 1030.92 (1.90%) Kraken : 1030.00 (2.34%) GDAX : 1036.39 (1.98%) SLQ : 2 hours, 21 mins```
[2017-03-20 02:33:39] Farzad : /fork
[2017-03-20 02:33:40] trollbot : ``` Bitfinex BCC : 752.48 (0.00%) Bitfinex BCU : 240.00 (0.00%) SLQ : ```
[2017-03-20 02:35:34] Farzad : /fork
[2017-03-20 02:35:35] trollbot : ``` Bitfinex BCC : 752.48 (0.00%) Bitfinex BCU : 240.00 (0.00%) SLQ : < 1 min```
[2017-03-20 02:36:01] Farzad : /price
[2017-03-20 02:36:04] trollbot : ``` Bitstamp : 1036.00 (0.00%) Bitfinex : 1039.00 (0.00%) The Woodchipper : 1043.94 (0.00%) itBit : 1036.49 (0.00%) Kraken : 1033.99 (0.00%) GDAX : 1040.32 (0.00%) SLQ : < 1 min```
[2017-03-20 02:36:29] j8 : spam
[2017-03-20 02:36:35] Farzad : :D
[2017-03-20 02:36:41] j8 : /ban Farzad
[2017-03-20 02:36:41] trollbot : ``` Critical Error! God is unbannable! You are banned and will get REKT soon. :D```
[2017-03-20 02:36:44] Farzad : did u see the new command ?
[2017-03-20 02:36:45] j8 : lol
[2017-03-20 02:36:49] Farzad : /fork
[2017-03-20 02:36:50] trollbot : ``` Bitfinex BCC : 752.48 (0.00%) Bitfinex BCU : 236.17 (-1.60%) SLQ : 1 min, ```
[2017-03-20 02:37:07] Farzad : why BCU is so cheap ?!
[2017-03-20 02:37:51] Farzad : if fork happens BCC will be in big trouble
[2017-03-20 02:37:57] j8 : well it has to price in the value of the coin post fork, as well as the probability that the fork even happens
[2017-03-20 02:38:18] startChat : BEFORE decm 31
[2017-03-20 02:38:19] j8 : if fork doesn't happen BCU is worth zero
[2017-03-20 02:38:52] j8 : yes it could happen in january, or it could be a different fork that's not BU
[2017-03-20 02:38:55] Farzad : true, but if fork happens, I guarantee BCU will worth more than BCC
[2017-03-20 02:39:17] j8 : but then what probability do you assign to it happening
[2017-03-20 02:39:40] 5hackelf0rd : /Rekt
[2017-03-20 02:39:51] ronensinger : /joke
[2017-03-20 02:39:51] REKT : Liquidated long on `ETH7D`: sell 70 @ 0.041220
[2017-03-20 02:39:51] REKT : Liquidated long on `ETH7D`: sell 6 @ 0.041170
[2017-03-20 02:39:52] trollbot : ``` I asked my mom if by any chance i was adopted ? She said - why would we choose you.. ```
[2017-03-20 02:40:02] Farzad : j8: I would say 60%
[2017-03-20 02:40:12] jose : Farzad: so BTC with LN is worth less than just BTC without LN ? really ?
[2017-03-20 02:41:13] j8 : Farzad: ok well then i guess the market disagrees
[2017-03-20 02:42:10] Farzad : jose: after fork BTC will lose majority of its hash power while, while difficulty doesnt change, so you will have very long confirmation times until difficulty adjusts again, it will be unusable for a long time.
[2017-03-20 02:42:20] j8 : there are lots of ways BCU can settle at zero even if you think a fork is likely
[2017-03-20 02:43:08] Farzad : or BTC should hard fork too :D
[2017-03-20 02:43:48] Farzad : BCU is gaining ground fast.
[2017-03-20 02:44:18] Farzad : if it surpasses 50% hash power, more miners will join BCU
[2017-03-20 02:45:30] DorianWhack-A-Moto : if bitcoin forks you end up with coins on both chains anyway. no point buying bcu if you already hold decent amount of btc. if no fork you lose your btu.
[2017-03-20 02:46:54] DorianWhack-A-Moto : /fork
[2017-03-20 02:46:54] trollbot : ``` Bitfinex BCC : 784.00 (4.19%) Bitfinex BCU : 225.40 (-4.56%) SLQ : 10 mins```
[2017-03-20 02:47:12] j8 : it's kind of funny, $240 for a hypothetical altcoin that might not exist
[2017-03-20 02:47:15] DorianWhack-A-Moto : does bcc turn into BTC even if no fork?
[2017-03-20 02:47:22] j8 : yes
[2017-03-20 02:47:33] j8 : or even if there is a fork that isn't BU
[2017-03-20 02:47:53] j8 : or if there is a BU fork but it has any sort of technical problems
[2017-03-20 02:48:20] DorianWhack-A-Moto : Seems cheap and looks like an easy way to make money on the surface but there is always a catch, isnt there.
[2017-03-20 02:48:23] Farzad : DorianWhack-A-Moto: if a fork happens, the price will be split between bcc and bcu, so u will not gain anything from fork.
[2017-03-20 02:49:25] Farzad : DorianWhack-A-Moto: what is the easy way to make money ? buy bcc ? :D
[2017-03-20 02:49:53] DorianWhack-A-Moto : yeah stock up on cheap bcc...but i guess the catch is if fork happens it will be cheaper anyway
[2017-03-20 02:50:08] j8 : easy 20%+
[2017-03-20 02:50:21] DorianWhack-A-Moto : but btc price will be in the toilet
[2017-03-20 02:50:29] DorianWhack-A-Moto : so you've actually bought expensive btc
[2017-03-20 02:50:51] DorianWhack-A-Moto : unless segwit happens and no fork, then it works well
[2017-03-20 02:51:01] Farzad : Bitcoin Unlimited blocks: 348 ( 34.8% )
[2017-03-20 02:51:03] j8 : you short btc while buying bcc
[2017-03-20 02:51:45] Farzad : 16% more to hard fork :D
[2017-03-20 02:52:12] j8 : no, if they try to do it at 51% they are shooting themselves in the foot, seriously
[2017-03-20 02:52:27] DorianWhack-A-Moto : i thought 80% was needed?
[2017-03-20 02:52:38] Farzad : I agree, they wont do it @51%. it is dangerous.
[2017-03-20 02:52:47] datboiyuan : There is no threshold
[2017-03-20 02:53:01] Farzad : they can do it @51%
[2017-03-20 02:53:02] datboiyuan : theybcould do it now
[2017-03-20 02:53:17] datboiyuan : it was that high yesterday
[2017-03-20 02:53:22] j8 : indeed, someone already mined a block > 1 mb
[2017-03-20 02:53:29] datboiyuan : HF will not happen
[2017-03-20 02:53:33] j8 : by accident though
[2017-03-20 02:53:42] datboiyuan : yeah cause of shitty code
[2017-03-20 02:53:56] Farzad : datboiyuan: if u are sure, u can buy some cheap BTC @ $700 right now :D
[2017-03-20 02:54:18] DorianWhack-A-Moto : https://twitter.com/JihanWu/status/843341104531427336
[2017-03-20 02:54:23] DorianWhack-A-Moto : uh oh
[2017-03-20 02:55:02] DorianWhack-A-Moto : HF should be accelerated. what a madman
[2017-03-20 02:55:22] Farzad : /fork
[2017-03-20 02:55:23] trollbot : ``` Bitfinex BCC : 784.00 (0.00%) Bitfinex BCU : 225.40 (0.00%) SLQ : 8 mins```
[2017-03-20 02:56:17] Farzad : I think they would try to HF @ 75% to make sure BCC is dead.
[2017-03-20 02:56:41] Farzad : they want to be the only and true BTC
[2017-03-20 02:57:13] DorianWhack-A-Moto : yeah i think they may try and HF soon. future of bitcoin looks bleak short term
[2017-03-20 02:57:31] DorianWhack-A-Moto : good time to make money though
[2017-03-20 02:57:56] Farzad : They wont try to HF before they have enough hash power
[2017-03-20 02:58:07] Farzad : or it would be a suicide
[2017-03-20 02:58:13] Farzad : they are not stupid
[2017-03-20 02:58:20] datboiyuan : Even 80% won't be enough
[2017-03-20 02:58:23] datboiyuan : they are stupid !
[2017-03-20 02:58:31] Farzad : datboiyuan: why isnt 80% enough ?
[2017-03-20 02:58:59] datboiyuan : in theory it is, sure but how long can they mine empty blocks and drive the price down?
[2017-03-20 02:59:03] DorianWhack-A-Moto : i think HF will take us by surprise. there is a lot of politics and sneaky maneuvering happening. we wont know true hash power until it happens
[2017-03-20 02:59:07] j8 : well any amount of hashpower is not enough if they're creating a coin that no one wants
[2017-03-20 02:59:10] datboiyuan : theyll be hemorraging returns
[2017-03-20 02:59:42] DorianWhack-A-Moto : already seen fake signaling for BU, it can go both ways
[2017-03-20 03:00:20] micmix : j8: why no one? I would want to double my bitcoins for sure
[2017-03-20 03:00:38] micmix : another set of coins to trade
[2017-03-20 03:00:39] Farzad : no, u didnt get the point, if BTC loses majority of its hash power while difficulty is adjusted for a much higher hash rate, the delay between mined blocks will be huge.
[2017-03-20 03:01:18] Farzad : meaning no transactions can be confirmed
[2017-03-20 03:01:26] Farzad : and fees will soar to the moon !
[2017-03-20 03:01:37] Farzad : 500MB mempool
[2017-03-20 03:01:39] j8 : Farzad: that's an easy fix though it means a rescue fork
[2017-03-20 03:01:46] micmix : Farzad: yeah, it's a big problem. I think bitcoin core will need emergency hard fork for difficulty adjustment or/and PoW change
[2017-03-20 03:01:59] j8 : yep
[2017-03-20 03:02:30] Farzad : true, but they opposed BU at first because they said HF is dangerous and they dont agree with it @!
[2017-03-20 03:02:31] micmix : volatility will go through the roof => lots of money to be made
[2017-03-20 03:02:54] Farzad : it would be hypothetical if they want to hard fork now ! lol
[2017-03-20 03:03:32] Farzad : core team are a bunch of idiots
[2017-03-20 03:03:48] Farzad : in original BTC, there was no limit on block size
[2017-03-20 03:03:59] Farzad : they put it temporarily
[2017-03-20 03:04:14] Farzad : and satoshi said it should be removed it future if it is required
[2017-03-20 03:04:33] Farzad : in *
[2017-03-20 03:04:34] startChat : Farzad: Do you run a full node?
[2017-03-20 03:04:46] Farzad : startChat: yes, I run a full BU node :D
[2017-03-20 03:04:54] j8 : my point is that sure, with majority hashpower you can change the rules to whatever you want. but if the users strongly disagree (like if they increased the mining reward) then the coin is useless. they have to sell millions of dollars worth constantly to cover costs
[2017-03-20 03:05:13] micmix : Farzad: tbh it's not a good argument. first bitcoin implementations were quite crappy code-quality wise
[2017-03-20 03:06:17] datboiyuan : Hash power doesn't change the rules
[2017-03-20 03:06:39] datboiyuan : Farzad: you run full BU? Did it remote crash when that bug leaked?
[2017-03-20 03:07:03] DorianWhack-A-Moto : both sides need to work with each other. a fork/coin split is bad for bitcoin
[2017-03-20 03:07:04] Farzad : micmix: it is not about code quality, it is a theorytical argument. core team wants to keep the block size limited. BU says market conditions should dictate block size limit.
[2017-03-20 03:07:44] DorianWhack-A-Moto : BU are rushing to fork but they've already released buggy code that could have cost millions.
[2017-03-20 03:08:32] micmix : Farzad: personally I would want segwit or other tx malleability fix plus 2mb blocks. fully dynamic block size is a bit dangerous, very hard to predict what happens with thousands of nodes and miners interacting
[2017-03-20 03:09:48] Farzad : micmix: and what happens after 2mb block size is full ? we will be in another mess like today. this problem should be resolved once for all
[2017-03-20 03:10:13] micmix : but in general I think hard forks should be a normal occurrence, otherwise bitcoin will stangnate
[2017-03-20 03:10:14] datboiyuan : Farzad: I don't think so, the malleability will allow for easier solutions
[2017-03-20 03:10:35] REKT : Liquidated long on `ETH7D`: sell 30 @ 0.041230
[2017-03-20 03:10:36] datboiyuan : HF has become a negative term somehow
[2017-03-20 03:10:37] DorianWhack-A-Moto : micmix: hard forks can work but not a full coin split
[2017-03-20 03:11:12] micmix : it's unreasonable to think that bitcoin just happened to stumble upon ideal setup and no changes needed
[2017-03-20 03:11:15] DorianWhack-A-Moto : there can't be two bitcoins, one is an altcoin
[2017-03-20 03:11:51] micmix : yeah, hf to upgrade the protocol, not a split
[2017-03-20 03:11:55] datboiyuan : micmix: segwit allows for up to 4mb, right?
[2017-03-20 03:12:15] DorianWhack-A-Moto : yeah the HF term is being thrown around, coin split should be a better term
[2017-03-20 03:12:22] datboiyuan : but you'd get a split if enough hash chose not to upgrade
[2017-03-20 03:12:34] micmix : segwit allocated additional 3mb for witness data, it's not the same as 4mb block size
[2017-03-20 03:13:14] micmix : older software will be stuck with 1mb block
[2017-03-20 03:14:24] micmix : there is incentive to use segwit tx with lower fees but not all software will be upgraded right away
[2017-03-20 03:17:00] datboiyuan : The lower fees being the incentive?
[2017-03-20 03:17:12] datboiyuan : are the transactions not faster as well?
[2017-03-20 03:21:05] micmix : datboiyuan: yes, lower fees. txs are faster if backlog decreases.
[2017-03-20 03:22:28] Farzad : just for comparison, DASH confirmation time is 4 seconds. BTC is 10 minutes !
[2017-03-20 03:22:46] micmix : but software update is a pain. for example, I made custom bitcoin daemon for a client a year ago, based on older bitcoin implementation. increasing blocksize is 5 min of work. adding segwit is 1-2 weeks
[2017-03-20 03:22:50] DorianWhack-A-Moto : dash has instamine scam though.
[2017-03-20 03:23:07] datboiyuan : Farzad: visa is faster too
[2017-03-20 03:23:07] REKT : Liquidated long on `ETH7D`: sell 3 @ 0.040880
[2017-03-20 03:23:09] Farzad : DorianWhack-A-Moto: what do u mean ?
[2017-03-20 03:23:19] Farzad : datboiyuan: visa is not p2p
[2017-03-20 03:23:25] datboiyuan : Exactly
[2017-03-20 03:23:34] DorianWhack-A-Moto : when dash launched 3 million or so dash were instamined by developers
[2017-03-20 03:23:37] datboiyuan : neither is DASH
[2017-03-20 03:23:45] datboiyuan : its P2MN2P
[2017-03-20 03:24:13] j8 : dash block time is the same as litecoin, no?
[2017-03-20 03:24:21] Farzad : DorianWhack-A-Moto: and satoshi owns more than 2-3 million BTC
[2017-03-20 03:24:43] DorianWhack-A-Moto : that he mined properly