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 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
[2017-03-20 03:24:54] DorianWhack-A-Moto : not fake created
[2017-03-20 03:25:07] REKT : Liquidated long on `ETH7D`: sell 98 @ 0.040800
[2017-03-20 03:25:08] Farzad : DorianWhack-A-Moto: are they still fake creating ?
[2017-03-20 03:25:33] Farzad : they created a pretty good coin, they deserve some compensation for that
[2017-03-20 03:25:44] DorianWhack-A-Moto : no but those 3 million dash are still out there
[2017-03-20 03:25:59] Farzad : I dont think market cares
[2017-03-20 03:26:07] datboiyuan : micmix: but with malleability don't you prevent 3rd party tx id malleability? Thus improving overall speed (fewer confirms)
[2017-03-20 03:26:24] DorianWhack-A-Moto : they should have destroyed them. bitcoin had a bug that let millions of extra coins get created and they were destroyed
[2017-03-20 03:26:41] datboiyuan : the dash instamine doesn't bother me
[2017-03-20 03:26:45] Rado : micmix: the big mistake was adding the limit in the first place
[2017-03-20 03:27:06] DorianWhack-A-Moto : instamine should not happen in a real PoW coin
[2017-03-20 03:27:31] datboiyuan : why
[2017-03-20 03:28:32] datboiyuan : the potential for centralization in DASH is what I don't like about it
[2017-03-20 03:28:48] DorianWhack-A-Moto : PoW = proof of work - instamine = instant coins. no difficulty adjustment
[2017-03-20 03:29:30] DorianWhack-A-Moto : i'll create a shitcoin and give myself 3 million at launch. think it'll beat dash?
[2017-03-20 03:29:32] Farzad : datboiyuan: how is DASH centralized ?
[2017-03-20 03:30:01] dodic : Why is BU pushing so hard to fork soon?
[2017-03-20 03:30:01] Farzad : DorianWhack-A-Moto: no, because it is shit. u create a great coin and give yourself 10 million, it will succeed.
[2017-03-20 03:30:26] DorianWhack-A-Moto : Farzad: I'll call my coin RASH. it will spread all over.
[2017-03-20 03:31:21] Farzad : /fork
[2017-03-20 03:31:22] trollbot : ``` Bitfinex BCC : 788.90 (0.62%) Bitfinex BCU : 241.16 (6.99%) SLQ : 35 mins```
[2017-03-20 03:31:53] Rado : What are the percentages?
[2017-03-20 03:32:07] Farzad : change since last query
[2017-03-20 03:32:23] Rado : Thanks
[2017-03-20 03:32:39] Rado : /fork
[2017-03-20 03:32:39] Farzad : np
[2017-03-20 03:32:40] trollbot : ``` Bitfinex BCC : 788.90 (0.00%) Bitfinex BCU : 241.16 (0.00%) SLQ : 1 min, ```
[2017-03-20 03:32:52] REKT : Liquidated short on `XBTUSD`: buy 1000 @ 1041.85
[2017-03-20 03:32:52] REKT : Liquidated short on `XBTUSD`: buy 11 @ 1041.74
[2017-03-20 03:33:12] Farzad : @micmix u here ?
[2017-03-20 03:37:07] REKT : Liquidated long on `ETH7D`: sell 127 @ 0.040280
[2017-03-20 03:37:29] DoubleU : what is ETH doing
[2017-03-20 03:38:03] datboiyuan : Farzad: I'm not saying it is
[2017-03-20 03:38:10] datboiyuan : althoughbit may be
[2017-03-20 03:38:39] datboiyuan : i think as it becomes more and more expensive to run a MN, you have fewer people who can afford it
[2017-03-20 03:40:28] KingTuna : DoubleU: Dumping
[2017-03-20 03:40:39] Rado : DoubleU: ETH will come all the way down to 0.027-0.030
[2017-03-20 03:40:54] Farzad : datboiyuan: not true, master nodes gain 45% of mining coins. there is always competition for becoming a master node.
[2017-03-20 03:41:20] Farzad : datboiyuan: do u think 100K or 200K is anything when there is guaranteed returns ?
[2017-03-20 03:41:24] datboiyuan : Right but how many people can afford $100.000 nodes?
[2017-03-20 03:41:34] datboiyuan : yes
[2017-03-20 03:41:42] Farzad : thousands !
[2017-03-20 03:41:48] datboiyuan : right
[2017-03-20 03:41:50] j8 : lol @ guaranteed returns
[2017-03-20 03:42:01] datboiyuan : how many can afford $10k nodes
[2017-03-20 03:42:11] datboiyuan : hundres of thousdands
[2017-03-20 03:42:19] datboiyuan : ie, less centralized
[2017-03-20 03:42:33] Rado : j8: he means 45% guaranteed
[2017-03-20 03:42:35] Farzad : datboiyuan: do u know how many bitcoin nodes do we have ?
[2017-03-20 03:42:42] Farzad : and it is completely free
[2017-03-20 03:42:44] Rado : it might be $5
[2017-03-20 03:42:45] j8 : put in 100K dollars, get returns in dash.. what could go wrong
[2017-03-20 03:42:52] datboiyuan : i don't think there is an accurate count
[2017-03-20 03:42:55] Rado : Lol
[2017-03-20 03:42:59] Farzad : datboiyuan: there is
[2017-03-20 03:43:01] Rado : yeah
[2017-03-20 03:43:16] datboiyuan : theyre free of dollar cost sure
[2017-03-20 03:43:20] Farzad : master nodes have an incentive to run a full node
[2017-03-20 03:43:24] j8 : guaranteed returns are if you could short dash for less than 9% or whatever a year
[2017-03-20 03:43:25] datboiyuan : but not time cost or technical skill cost
[2017-03-20 03:43:36] Farzad : in bitcoin u have no incentive to run a full node
[2017-03-20 03:43:47] datboiyuan : privacy and consensus
[2017-03-20 03:43:54] Farzad : dont wonder if dash master nodes surpass bitcoins free nodes !
[2017-03-20 03:44:13] j8 : but if you can make 9% p.a. as a master node, why would you lend for less than that?
[2017-03-20 03:44:17] datboiyuan : the problem is any stupid fuck and drop $$ to run a MN
[2017-03-20 03:44:31] datboiyuan : in bitcoin it's not just about having $$
[2017-03-20 03:44:40] datboiyuan : so thank you for provinnmy point
[2017-03-20 03:45:11] Farzad : datboiyuan: what !? lol
[2017-03-20 03:45:37] Farzad : so less nodes are better or more nodes ?
[2017-03-20 03:45:44] needmoneyquick : why dont we work together and make our selves some money
[2017-03-20 03:45:49] datboiyuan : More are better
[2017-03-20 03:45:56] needmoneyquick : may as well help each other
[2017-03-20 03:46:14] datboiyuan : incentive and barrier is way off for DASH
[2017-03-20 03:46:26] datboiyuan : its aligned with capital greed
[2017-03-20 03:46:35] datboiyuan : which of course is great, don't get me wrong
[2017-03-20 03:46:46] datboiyuan : just != decentralization
[2017-03-20 03:47:43] Farzad : well, I am not a DASH expert, but I think the market has spoken
[2017-03-20 03:48:06] Farzad : DASH is 0.1 now. someday it may be >1 BTC
[2017-03-20 03:48:24] Farzad : DASH ETH XMR are the future I think
[2017-03-20 03:49:36] Farzad : capital is flowing from BTC into these coins
[2017-03-20 03:49:49] Farzad : and rightfully so
[2017-03-20 03:52:52] XXXX : DASH is as shit coin. I am long DASH since 0.03 but i think i will take my profits and short it after the next spike around 0.12
[2017-03-20 03:53:34] KingTuna : A 1434 BTC buy wall on ETH at Polo
[2017-03-20 03:53:56] KingTuna : oops Se;ll wall and gone
[2017-03-20 03:55:26] Farzad : Last 24h #bitcoin blocks have 43% for Unlimited and 8% for 8MB. CORE 1MB IS NOW A MINORITY. Good job, everyone working for improvements.
[2017-03-20 03:55:34] datboiyuan : Yes dash is worth a lot right now, yes it was a good trade, yes I own dash
[2017-03-20 03:55:47] datboiyuan : just think it's too likely to be centralized
[2017-03-20 03:56:25] Farzad : datboiyuan: I dont think anything stops u from running a full node in DASH
[2017-03-20 03:56:27] micmix : Farzad: sorry was afk
[2017-03-20 03:56:39] datboiyuan : Farzad: $$
[2017-03-20 03:56:46] datboiyuan : youbhave to have enough $$
[2017-03-20 03:56:55] Farzad : micmix: np, since u are in bot biz, do u have a funding bot in bitfinex ?
[2017-03-20 03:57:00] datboiyuan : the higher price goes, the fewer people can afford MN
[2017-03-20 03:57:19] micmix : Farzad: no, don't do funding, waste of capital
[2017-03-20 03:57:31] Farzad : micmix: really ? why ?
[2017-03-20 03:58:07] Farzad : micmix: if u want to hodl for long term, why not to do funding ?
[2017-03-20 03:58:28] micmix : Farzad: counterparty risk, not worth it imho
[2017-03-20 03:58:44] micmix : esp. for bitcoin
[2017-03-20 03:58:53] Farzad : counterparty risk ? can u elaborate plz ?
[2017-03-20 03:59:04] Farzad : u mean risk from investing in bitfinex ?
[2017-03-20 03:59:36] j8 : bitcoin rates are historically really low
[2017-03-20 04:00:08] micmix : remember finex hack? that's one kind of risk. polo doesn't guarantee return of your prinicipal
[2017-03-20 04:00:27] micmix : and as @j8 said, bitcoin rates are really low
[2017-03-20 04:01:02] Farzad : yes, I am funding XMR DSH and ETH
[2017-03-20 04:01:17] Farzad : BTC rates are so low !
[2017-03-20 04:01:45] Farzad : actually they are good now !
[2017-03-20 04:01:51] micmix : holding those coins is another kind of risk
[2017-03-20 04:02:03] Farzad : 0.036%/day
[2017-03-20 04:02:19] micmix : yeah, for a few days. average still very low
[2017-03-20 04:02:21] j8 : yeah you don't want to buy stuff to lend it just because the rate is high.. that means sentiment is bad
[2017-03-20 04:02:59] DorianWhack-A-Moto : /sentiment
[2017-03-20 04:03:02] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 23.14 / 76.86 Daily : 47.84 / 52.16 Weekly : 55.81 / 44.19 Monthly : 52.58 / 47.42```
[2017-03-20 04:03:04] Farzad : j8: true, I lend because I have decided to hodl not because of rate.
[2017-03-20 04:03:29] j8 : if you're already hodling and you accept the risks then yeah
[2017-03-20 04:04:12] Farzad : I was watching SEC conference while everyone was waiting for ETF decision
[2017-03-20 04:04:23] Farzad : and they provided some interesting stats
[2017-03-20 04:04:32] j8 : i find a lot of people are eager to get a tiny return with big unknown risks
[2017-03-20 04:04:49] Farzad : frequent traders earned much less than hodlers
[2017-03-20 04:06:23] j8 : i guess not that surprising since those markets do go up on average and trading is basically zero sum
[2017-03-20 04:07:15] Farzad : it has been true about BTC since 2 years ago
[2017-03-20 04:07:35] Farzad : my point is that if u think a coin has great future
[2017-03-20 04:07:47] Farzad : hodl it instead of trying to trade every up and down
[2017-03-20 04:07:52] micmix : Farzad: 'most' frequent traders earned much less than hodlers
[2017-03-20 04:08:16] j8 : yeah no doubt a few made a lot more
[2017-03-20 04:08:19] Farzad : micmix: right. most ;)
[2017-03-20 04:08:24] donsteep : also, strong selection bias there on an instrument that happened not to die
[2017-03-20 04:08:36] donsteep : sorry, survival bias I mean
[2017-03-20 04:08:52] Farzad : well, I prefer to put myself in most basket. lol
[2017-03-20 04:09:02] Farzad : unfortunately I am not one of the few :D
[2017-03-20 04:10:02] Farzad : and most of the people who think they are in "the few" basket, are those who will get REKT
[2017-03-20 04:10:49] micmix : survival bias is a problem in crypto, same as in stocks
[2017-03-20 04:11:32] Farzad : do u know when does bfx pay funding interests ? at the expiry ? or daily ?
[2017-03-20 04:11:35] REKT : Liquidated long on `XMR7D`: sell 6 @ 0.022116
[2017-03-20 04:12:16] BitMEX_John : Farzad: funding is paid at the end of every 8 hour funding period
[2017-03-20 04:12:36] micmix : j8: do you usually have all your coins hedged?
[2017-03-20 04:12:42] Farzad : BitMEX_John: Thank you john ! I was asking about Bitfinex funding interest :)
[2017-03-20 04:12:47] KingTuna : I have to say the ETH manipulation suggests it could make a run for 0.05..
[2017-03-20 04:13:00] BitMEX_John : Farzad: apologies, misread
[2017-03-20 04:13:44] Farzad : KingTuna: it is not manipulation, ETH is a great great coin
[2017-03-20 04:13:58] Farzad : smart money is moving into ETH
[2017-03-20 04:14:04] Farzad : leaving BTC
[2017-03-20 04:14:07] REKT : Liquidated long on `REP7D`: sell 399 @ 0.007600
[2017-03-20 04:14:52] Farzad : BTC has just a brand name advantage to other great coins