BitMEX Trollbox Userinfo

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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.

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[2017-04-09 01:08:10] 123abc : lol who did that for the lulz
[2017-04-09 01:08:19] 123abc : insta margin called yourself
[2017-04-09 01:10:19] 123abc : quarterly discount is huge
[2017-04-09 01:11:09] 123abc : i suppose $1200 is the big resistance currently
[2017-04-09 01:11:23] 123abc : if whales push it higher then everyone fomo closes shorts or gets rekt
[2017-04-09 01:23:02] REKT : Liquidated short on `XRP7D`: buy 4000 @ 0.00002945
[2017-04-09 01:57:51] REKT : Liquidated long on `XRP7D`: sell 1000 @ 0.00002939
[2017-04-09 01:58:06] 123abc : lol
[2017-04-09 02:17:43] 123abc : pretty boring
[2017-04-09 02:19:39] Secup : True that
[2017-04-09 02:25:44] 123abc : hate how BTC moves just 1% at a time
[2017-04-09 02:29:24] plappa : that's because china isn't in anymore
[2017-04-09 02:33:03] level2 : why china dont trade btc?
[2017-04-09 02:33:21] 123abc : oh nice XMR back up
[2017-04-09 02:33:29] 123abc : at least something is moving
[2017-04-09 02:33:52] 123abc : level2: not sure
[2017-04-09 02:34:11] 123abc : btc in china moves 3% in a week while elsewhere it moves 15% a week
[2017-04-09 02:34:26] Secup : They trade otc
[2017-04-09 02:34:27] 123abc : nice xmr
[2017-04-09 02:34:34] 123abc : wonder what otc price is
[2017-04-09 02:34:43] 123abc : probably near other exchanges
[2017-04-09 02:34:56] MikeHunt : level2: have to use other exchanges to use margin trading
[2017-04-09 02:35:04] plappa : they are on polo now
[2017-04-09 02:35:07] plappa : pumping alt coins
[2017-04-09 02:35:10] plappa : cause china banned bitcoin
[2017-04-09 02:35:13] 123abc : lol
[2017-04-09 02:35:38] 123abc : i wonder what kind of pump groups risk thousands of BTC on polo
[2017-04-09 02:35:58] plappa : is it wrong to leave like 1/3rd of your net worth on polo
[2017-04-09 02:36:09] plappa : lol it's so shitty cause you have to wait 15-20 minutes to deposit sometimes
[2017-04-09 02:36:34] 123abc : polo seems to be doing things legit
[2017-04-09 02:36:40] 123abc : just has a shitty trading experience
[2017-04-09 02:36:51] plappa : yea when things go crazy but they have no transparency
[2017-04-09 02:36:56] plappa : but the banks cant fuck with them cause no fiat
[2017-04-09 02:37:06] plappa : i'm not sure how USDT will work out cause i think it's illegal lol
[2017-04-09 02:37:18] 123abc : they ask for a bunch of shit if you wanna withdraw a big amount though
[2017-04-09 02:37:23] 123abc : unless you okay with $2000 a day
[2017-04-09 02:37:29] plappa : i can get 7k
[2017-04-09 02:37:34] plappa : just putting my street address on there
[2017-04-09 02:37:53] 123abc : yeah i suppose governments wont know that
[2017-04-09 02:38:01] 123abc : i suppose they already know though
[2017-04-09 02:38:08] plappa : know what?
[2017-04-09 02:38:11] plappa : i doubt they report to the irs
[2017-04-09 02:38:12] 123abc : that you trade
[2017-04-09 02:38:15] plappa : cause there is no fiat on there
[2017-04-09 02:38:34] plappa : they will only do specific summons specific users, coinbase had a battle and they fought in court
[2017-04-09 02:38:41] plappa : irs pushed back the court date for some reason
[2017-04-09 02:38:48] plappa : cause it's unreasonable to ask for everyone's info
[2017-04-09 02:38:53] plappa : also u can use bitfinex
[2017-04-09 02:38:57] plappa : no withdraw or deposit limit
[2017-04-09 02:39:00] plappa : no kyc
[2017-04-09 02:39:02] 123abc : yeah
[2017-04-09 02:39:04] 123abc : btce too
[2017-04-09 02:39:13] plappa : shady as fuark
[2017-04-09 02:39:18] plappa : it's funny cause btce is super trusted
[2017-04-09 02:39:21] 123abc : but for how long till banks start interjecting
[2017-04-09 02:39:26] plappa : what can they do?
[2017-04-09 02:39:28] plappa : ban bitcoin?
[2017-04-09 02:39:33] 123abc : btce gets DDOS and you wonder why
[2017-04-09 02:39:42] plappa : well that's the only thing
[2017-04-09 02:39:51] plappa : i remember on ETF day at 4pm everything to rekt
[2017-04-09 02:39:57] 123abc : yeah
[2017-04-09 02:40:11] 123abc : that day was wack
[2017-04-09 02:40:13] plappa : people are quick to blame but dont realize how much traffic we put into this site
[2017-04-09 02:40:17] plappa : it was fun
[2017-04-09 02:40:24] plappa : i could've made bank that day
[2017-04-09 02:40:32] plappa : but it was nice to see huge support around 1120 or whatever it was
[2017-04-09 02:40:41] plappa : was expecting no one to rebuy at 950
[2017-04-09 02:40:59] 123abc : didnt hit below 1000 due to exchange lagging to shit
[2017-04-09 02:41:14] 123abc : mark price didnt go below 1100
[2017-04-09 02:41:34] 123abc : miss those fun trading days
[2017-04-09 02:41:51] 123abc : i guess next time BTC breaks $1300 everyone will be longing to the max
[2017-04-09 02:42:00] plappa : what u really miss is china fucking u in the ass
[2017-04-09 02:42:02] plappa : while u wer esleeping
[2017-04-09 02:42:07] plappa : i remember pboc waking up and going WTF
[2017-04-09 02:42:18] plappa : bitcoin is becoming more and more immune to fud
[2017-04-09 02:42:24] 123abc : yeah
[2017-04-09 02:42:28] plappa : the only thing roger/jihan have left is saying "we fork tomorrow"
[2017-04-09 02:42:30] 123abc : going to take something great to get BTC to dump now
[2017-04-09 02:42:30] plappa : but they cant do that
[2017-04-09 02:42:32] plappa : they will get REKT
[2017-04-09 02:42:34] 123abc : any news is good news now
[2017-04-09 02:42:46] plappa : only thing i can think of is polo getting hacked
[2017-04-09 02:42:55] plappa : there is like a billion dollars on there or something
[2017-04-09 02:43:54] 123abc : there is more than enough money on exchanges to support the current price
[2017-04-09 02:44:14] 123abc : no one is selling and btc will only go down in a manipulative dump
[2017-04-09 02:45:21] REKT : Liquidated short on `LTC7D`: buy 300 @ 0.00935
[2017-04-09 02:46:12] MikeHunt : 123abc: or bad news
[2017-04-09 02:46:14] 123abc : ltc 2 pools trying to block segwit gaining power lol
[2017-04-09 02:46:56] 123abc : About 1646 GH/s, or 64.4% of the network
[2017-04-09 03:13:34] REKT : Liquidated long on `LTC7D`: sell 50 @ 0.00920
[2017-04-09 03:15:23] level2 : why rise LTC?
[2017-04-09 03:15:29] 123abc : ltc big dump
[2017-04-09 03:15:54] 123abc : guessing many people happy to sell 2x-3x higher
[2017-04-09 03:17:32] Armis : After all bad news what came out in last 2 months about btc , people start less and less worry about it , only fork can stop btc
[2017-04-09 03:22:25] 123abc : yeah too much money sold and looking to get back in + new money
[2017-04-09 03:25:21] Armis : Do u trade only btc ?
[2017-04-09 03:26:04] Armis : 123abc
[2017-04-09 03:29:49] 123abc : only trade bitmex
[2017-04-09 03:31:00] 123abc : most likely btc pumps and alts dump soon
[2017-04-09 03:32:06] REKT : Liquidated short on `XBTUSD`: buy 3000 @ 1188.6
[2017-04-09 03:34:23] 123abc : damn quarterly discount not that big any more
[2017-04-09 03:35:16] Armis : I was trying to trade some alrcoins as well , but unfortunately I don't have so much time to give attention for too many charts , because I'm still beginner and still working some shit job :D hope that till September I will be able to change that
[2017-04-09 04:05:06] REKT : Liquidated short on `XRP7D`: buy 22500 @ 0.00002991
[2017-04-09 04:05:34] REKT : Liquidated short on `XRP7D`: buy 700 @ 0.00002995
[2017-04-09 04:06:49] 123abc : Washington State blocking people from trading BTC
[2017-04-09 04:06:55] 123abc : poloniex and other exchanges
[2017-04-09 04:07:08] 123abc : i'm sure it starts with 1 state testing it out
[2017-04-09 04:07:16] 123abc : soon poloniex and exchanges blocking all 50 states
[2017-04-09 04:07:35] 123abc : bitmex 1 step ahead by just saying fuck USA completely
[2017-04-09 04:15:07] 123abc : Ltc dump
[2017-04-09 04:15:34] REKT : Liquidated long on `XRP7D`: sell 600 @ 0.00002955
[2017-04-09 04:15:35] REKT : Liquidated long on `XRP7D`: sell 1000 @ 0.00002955
[2017-04-09 04:15:37] 123abc : Probably a good coin to short
[2017-04-09 04:18:10] plappa : btc break up above 1194!!
[2017-04-09 04:18:11] plappa : to da moon
[2017-04-09 04:18:19] plappa : although i dont know if we can get a rally going at a 1am
[2017-04-09 04:21:13] mark121 : 1am eh that puts you on the east coast
[2017-04-09 04:21:45] mark121 : i hear all of the btc rally's begin from massive buying from Eastern Canada
[2017-04-09 04:22:32] plappa : it's weekend time tho
[2017-04-09 04:22:35] plappa : anyone think btc is gonna fomo
[2017-04-09 04:25:16] mark121 : https://www.tradingview.com/x/dqNCaCx7/
[2017-04-09 04:25:41] mark121 : post that per discussion from this morning
[2017-04-09 04:26:00] plappa : rip eth
[2017-04-09 04:26:01] plappa : not looking good
[2017-04-09 04:26:14] plappa : btc pressure is going ham on everything right now
[2017-04-09 04:26:28] mark121 : not difficult to know boundaries of ranged instruments
[2017-04-09 04:28:51] Secup : Im from eastern canada
[2017-04-09 04:28:52] mark121 : i drew that yesterday and posted in here that it has a little room to go upwards
[2017-04-09 04:30:50] datboiyuan : Washington isn't blocking btc
[2017-04-09 04:31:03] datboiyuan : it's just regulation that exchanges don't want to adhere to
[2017-04-09 04:31:14] datboiyuan : bittrex is complying and adhering
[2017-04-09 04:32:15] mark121 : this might sound crazy
[2017-04-09 04:32:16] REKT : Liquidated long on `LTC7D`: sell 1745 @ 0.00899
[2017-04-09 04:32:42] mark121 : but i took all margin liquidity and put it into bitshares lol
[2017-04-09 04:32:54] mark121 : like 20 hrs ag o:p
[2017-04-09 04:32:59] mark121 : oops
[2017-04-09 04:33:07] mark121 : 16 hrs
[2017-04-09 04:33:25] mark121 : (on polo ofc) dont think ittrades anywhere else
[2017-04-09 04:38:00] mark121 : think cud see some alt rally inc
[2017-04-09 04:38:01] aethlios : 123abc: i hope we crypto traders won't be declared enemies of the state.
[2017-04-09 04:38:16] mark121 : sold all my bitshares
[2017-04-09 04:38:22] mark121 : aethlios: very likely will
[2017-04-09 04:38:57] mark121 : my lawyer has found out quite a bit of the current attitude in government and LE about crypto
[2017-04-09 04:40:03] mark121 : i have no record, havent committed a crime or anything perceivable to be one in 5 years yet I was called by a detective about bitcoin
[2017-04-09 04:41:14] mark121 : Japan's adoption is good tho
[2017-04-09 04:42:19] mark121 : https://www.tradingview.com/x/VKYPEhAK/
[2017-04-09 04:43:11] mark121 : im long eth for now on a hunch
[2017-04-09 04:43:33] mark121 : its only 1min but buying is okay
[2017-04-09 04:44:20] plappa : short eth imo
[2017-04-09 04:44:46] KingTuna : LTC closed my long last night (my time) again in profit.. Not looking great. Considering a short position
[2017-04-09 04:44:56] mark121 : ya me 2
[2017-04-09 04:45:33] mark121 : plappa: short was better morninghowever yes thats the easy call - my call is a tactical snipe
[2017-04-09 04:45:51] plappa : gotcha
[2017-04-09 04:45:53] mark121 : dont kno when BTC cud fomo but its been alot closer many times and failed
[2017-04-09 04:46:05] mark121 : i have a hunch it will break eventually tho
[2017-04-09 04:46:21] mark121 : but i havent evaluated last 15 hrs or so
[2017-04-09 04:47:28] plappa : breakdown?
[2017-04-09 04:48:14] mark121 : up or down :p
[2017-04-09 04:48:20] plappa : :p
[2017-04-09 04:48:21] mark121 : nah i was thinking up but
[2017-04-09 04:49:39] mark121 : we shall see - alts seems to be near a point where a rally almost has to take place out of necessity
[2017-04-09 04:49:56] mark121 : in all but the most immediate of timeframes
[2017-04-09 04:50:35] mark121 : some of them anyhow, LTC cud be drop like a hooligan in a batman movie
[2017-04-09 04:55:15] mark121 : necessity is subjective and based on what i sensed as a desire to be taken seriously :P
[2017-04-09 04:59:55] mark121 : CLAM may be on a little inverse h&s rally inc
[2017-04-09 05:00:28] mark121 : or death, despression and destructio
[2017-04-09 05:00:33] mark121 : either or
[2017-04-09 05:01:49] mark121 : cud jus as well be a top h&s
[2017-04-09 05:08:17] mark121 : im long CLAM chowder now
[2017-04-09 05:11:03] mark121 : eth lookin scary closed
[2017-04-09 05:11:20] mark121 : half
[2017-04-09 05:14:08] mark121 : go clams
[2017-04-09 05:14:22] mark121 : KingTuna: how u feel bout ripple for next 12hr
[2017-04-09 05:17:42] mark121 : eth back in fullforce with tight stop
[2017-04-09 05:19:16] mark121 : btc long?
[2017-04-09 05:20:11] mark121 : which make sme close eth
[2017-04-09 05:21:35] mark121 : https://www.tradingview.com/x/K5jQCvsZ/
[2017-04-09 05:22:11] mark121 : the buying never lies
[2017-04-09 05:25:13] mark121 : /sentiment
[2017-04-09 05:25:16] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 36.57 / 63.43 Daily : 51.71 / 48.29 Weekly : 45.26 / 54.74 Monthly : 50.73 / 49.27```
[2017-04-09 05:30:58] mark121 : btc wrong timeframe disregard chrt
[2017-04-09 05:37:46] frog : mark121: since the BTC dump earlier there has been a recovery in price with around 3 times as much volume as in the dump, so the price has held up pretty well under heavy selling at least so far
[2017-04-09 05:43:26] MikeHunt : may see a little dumping over weekend
[2017-04-09 05:43:35] MikeHunt : to smooth out any resistance
[2017-04-09 05:43:41] MikeHunt : but next week i expect to see 1250
[2017-04-09 06:03:21] alejandromasari : MikeHunt: mikehunt got it!!
[2017-04-09 06:03:46] mark121 : if we at 1250 we goin to 1400
[2017-04-09 06:04:00] alejandromasari : 1500 by may!
[2017-04-09 06:04:06] alejandromasari : sorry june
[2017-04-09 06:04:17] mark121 : originally back in jan
[2017-04-09 06:04:20] mark121 : btc ws on pace for
[2017-04-09 06:04:31] mark121 : 1400+ end of april
[2017-04-09 06:04:47] alejandromasari : it hit 1500 xbth17
[2017-04-09 06:04:52] Apocalyptic : you guys see much mooning ahead
[2017-04-09 06:05:09] mark121 : im talkin real coin pricing
[2017-04-09 06:05:11] alejandromasari : lots we are going to meet Musk on Mars
[2017-04-09 06:05:31] mark121 : the chart prescribed that target Apocalyptic
[2017-04-09 06:05:55] mark121 : however macroeconomic factors certainly support it
[2017-04-09 06:06:10] mark121 : in June the markets wil crash
[2017-04-09 06:06:53] alejandromasari : marine lepen elections will move gold and bitchcoins.
[2017-04-09 06:06:55] mark121 : primary bullmark in equities is long overdue
[2017-04-09 06:07:07] mark121 : for a dose of reality
[2017-04-09 06:07:35] Apocalyptic : mark121: I'm so waiting for that 40% S&P drop
[2017-04-09 06:07:38] Apocalyptic : long overdue indeed
[2017-04-09 06:08:10] Apocalyptic : and I say 40 because I'm not greedy
[2017-04-09 06:08:14] mark121 : definitely... im amassing quite a position
[2017-04-09 06:08:28] mark121 : in long dated put options
[2017-04-09 06:08:41] mark121 : so is my work
[2017-04-09 06:08:45] Apocalyptic : why not short ES ? don't want unlimited risk ?
[2017-04-09 06:09:08] mark121 : futures? work is
[2017-04-09 06:09:23] Apocalyptic : yes, ES are spx futures
[2017-04-09 06:09:37] mark121 : .. lol i kno i was makin sure u meant that
[2017-04-09 06:09:40] mark121 : !!!
[2017-04-09 06:09:40] mark121 : :)
[2017-04-09 06:10:26] mark121 : the fact that u r in crypto and seem to kno equities markets alrdy is rare
[2017-04-09 06:10:27] aethlios : mark121: i am interested in buying (after a stock market bear market) an etf called ROBO, which invests in robotics related companies. i plan to load the boat. Do you think robotics are a strong long tern play??
[2017-04-09 06:11:52] Apocalyptic : aethlios: the iShares one or ETFSecurities ?
[2017-04-09 06:11:56] mark121 : probably but i wud suggest targeting the industry leaders more tactically
[2017-04-09 06:12:41] mark121 : Apocalyptic: do u know timerdigest?
[2017-04-09 06:12:52] aethlios : Apocalyptic: http://www.etf.com/ROBO
[2017-04-09 06:13:09] mark121 : robo is the ticker
[2017-04-09 06:13:16] mark121 : is its the one wit that ticker
[2017-04-09 06:13:17] mark121 : lol
[2017-04-09 06:13:20] mark121 : so its*
[2017-04-09 06:13:33] Apocalyptic : mark121: nope, what is it ?
[2017-04-09 06:14:28] aethlios : i prefer th eetf, not specific stocks, let the etf manager to decide which companies and %, they can make better analysis.
[2017-04-09 06:14:51] mark121 : one of the only useful publications for inviduals imo
[2017-04-09 06:14:57] mark121 : also not very costly
[2017-04-09 06:15:35] aethlios : Apocalyptic: i see the sector the new big thing, maybe like blockchain tech. in 20 years each house will have a robo housewife.
[2017-04-09 06:15:39] Apocalyptic : aethlios: I've seen better expense ratio
[2017-04-09 06:15:42] mark121 : some timers dont update it as often as id like but its pretty much a summary ofwhat the best timers in world think
[2017-04-09 06:15:52] mark121 : is goin gto happen across the major asset classes
[2017-04-09 06:16:24] mark121 : most beefy in equities tho
[2017-04-09 06:16:44] Apocalyptic : aethlios: btw if you're into etfs https://www.justetf.com is nice
[2017-04-09 06:17:17] Apocalyptic : you can easily compare stuff and I find the presentation better than etf.com
[2017-04-09 06:17:32] mark121 : Apocalyptic: and to answer ur Q, i think option are riskier in reality
[2017-04-09 06:17:45] mark121 : as yes s&p could go to a billion
[2017-04-09 06:17:53] mark121 : but ud be a moron to hold ur short lol
[2017-04-09 06:17:56] Apocalyptic : mark121: well with options you pay for the time value
[2017-04-09 06:19:12] mark121 : yes time and volaility
[2017-04-09 06:20:07] mark121 : but options can go to 0 value
[2017-04-09 06:20:30] mark121 : but i mean in both cases u need risk mgmt
[2017-04-09 06:20:41] mark121 : so id say they are similar in nature
[2017-04-09 06:21:08] mark121 : i guess my reasoning is two fold
[2017-04-09 06:21:12] Apocalyptic : the big diff is unlimited/limited downside
[2017-04-09 06:21:28] Apocalyptic : but yeah if nothing happens you're kinda stuck with worthless options
[2017-04-09 06:21:32] mark121 : yes ofc, theoretically
[2017-04-09 06:21:43] Apocalyptic : whereas you yould breakeven with your future short
[2017-04-09 06:23:26] mark121 : im just not a futures guy so i feel comfortable with option puts
[2017-04-09 06:23:50] mark121 : i trade futures only when i got a pro to trade with
[2017-04-09 06:24:07] mark121 : like one of the top ranked timers from that newsletter (fari)
[2017-04-09 06:24:22] Apocalyptic : I prefer being on the other side of the trade with options
[2017-04-09 06:24:29] Apocalyptic : that is writing them :)
[2017-04-09 06:24:41] mark121 : naked or covered?
[2017-04-09 06:25:06] Apocalyptic : usually covered
[2017-04-09 06:25:33] mark121 : its an excelent way to lower ur costs of entry
[2017-04-09 06:25:55] mark121 : any fav tickers for writing?
[2017-04-09 06:26:02] veritas : /sentiment
[2017-04-09 06:26:04] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 27.85 / 72.15 Daily : 51.05 / 48.95 Weekly : 45.22 / 54.78 Monthly : 50.73 / 49.27```
[2017-04-09 06:27:08] Apocalyptic : mark121: my fav strategy is writing puts on single stocks I wouldn't mind buying
[2017-04-09 06:27:58] Apocalyptic : nice income if by chance I'm being assigned then I'm glad, so it's income and a win-win situation
[2017-04-09 06:28:11] Apocalyptic : *and if
[2017-04-09 06:29:39] mark121 : i kno who a few guys who do the same
[2017-04-09 06:29:49] mark121 : they rarely buy any other way lol
[2017-04-09 06:30:03] mark121 : good strat
[2017-04-09 06:30:15] Apocalyptic : mark121: once you know the trick you would be stupid not to :)
[2017-04-09 06:30:22] Apocalyptic : unless you immediately must have it
[2017-04-09 06:32:34] mark121 : best time is start of anew bullmkt
[2017-04-09 06:33:04] Apocalyptic : for sure
[2017-04-09 06:33:05] mark121 : u can make a killing all the way up
[2017-04-09 06:33:16] Apocalyptic : that's the plan
[2017-04-09 06:33:47] mark121 : i dont think naked puts or calls shud be allowed
[2017-04-09 06:34:07] level2 : is better sell call of SPY than buy puts
[2017-04-09 06:34:27] Apocalyptic : level2: if you sell calls and it moons you're so rekt
[2017-04-09 06:34:40] mark121 : why is it better
[2017-04-09 06:34:52] mark121 : if u time it
[2017-04-09 06:34:52] level2 : all the buyer of options loss money
[2017-04-09 06:35:22] Apocalyptic : if it never reaches the strike yes, but how can't you know ?
[2017-04-09 06:35:31] Apocalyptic : *can
[2017-04-09 06:35:51] mark121 : u mean in general? \
[2017-04-09 06:35:55] mark121 : (level2)
[2017-04-09 06:36:09] mark121 : mr buffet seems to think so
[2017-04-09 06:36:21] mark121 : a tool for the rich to get richer and retail to get smoked
[2017-04-09 06:36:31] Apocalyptic : selling calls is almost equivalent to shorting the underlying with the associated leverage, the only diff is you pocket the time value
[2017-04-09 06:36:42] Apocalyptic : but liquidity will be far worse if you need to get out
[2017-04-09 06:36:44] level2 : see the data from CBOE ,80% of options when come the date close to 0
[2017-04-09 06:37:03] mark121 : that dusnt answer our question
[2017-04-09 06:37:27] mark121 : or mine :p
[2017-04-09 06:37:30] level2 : is better sell futures than buy puts
[2017-04-09 06:37:59] mark121 : im aware that its preferred
[2017-04-09 06:38:07] mark121 : but give ur reasoning
[2017-04-09 06:39:17] level2 : is better futures for :liquid ,cheap comision,dont pay time decay and volatilitiy
[2017-04-09 06:39:35] mark121 : im not buying 1 option at a time lol
[2017-04-09 06:39:58] mark121 : liquidity?
[2017-04-09 06:40:03] level2 : yes
[2017-04-09 06:40:08] mark121 : SPY options are extremely liquid
[2017-04-09 06:40:19] Apocalyptic : mark121: more so than SPY itself ?
[2017-04-09 06:40:41] level2 : and the spread for the bid and ask?
[2017-04-09 06:40:50] mark121 : depends on the market conditions
[2017-04-09 06:40:56] Apocalyptic : he has a point, options are generally less liquid than the underlying
[2017-04-09 06:41:04] mark121 : generally
[2017-04-09 06:41:05] mark121 : yes
[2017-04-09 06:41:20] mark121 : SPY options are an exception
[2017-04-09 06:41:36] level2 : you can save 30% of the money if you use futures
[2017-04-09 06:41:56] mark121 : uh as a general rule?
[2017-04-09 06:41:57] mark121 : lol
[2017-04-09 06:42:19] Apocalyptic : a whopping 30%
[2017-04-09 06:42:26] mark121 : lol
[2017-04-09 06:42:27] Apocalyptic : only available today
[2017-04-09 06:42:28] mark121 : hahah
[2017-04-09 06:43:07] level2 : how much do you buy of puts? each day you loss 100 usd of time decay
[2017-04-09 06:43:21] mark121 : WHAT
[2017-04-09 06:43:34] mark121 : yes u lose some time value but volatility can make up for it
[2017-04-09 06:43:52] mark121 : but the pt is
[2017-04-09 06:44:07] level2 : see vix this is low
[2017-04-09 06:44:10] mark121 : im willin to pay the timevalue to make the profit multiplier
[2017-04-09 06:44:17] mark121 : yes, but when mkts crash
[2017-04-09 06:44:19] Apocalyptic : level2: it depends on theta
[2017-04-09 06:44:57] Apocalyptic : why are you throwing abritrary numbers around ?
[2017-04-09 06:45:08] level2 : you have better odd to win shorting the futures that buy put
[2017-04-09 06:45:35] Apocalyptic : level2: it's not about "odds", it's about risk management
[2017-04-09 06:45:48] mark121 : so better odds, 30% loss reduction and no 100usd per day loss timevalue
[2017-04-09 06:46:00] mark121 : why are options even around anymore
[2017-04-09 06:46:12] level2 : do you know what day the SPY will fall?
[2017-04-09 06:46:33] mark121 : do i need to?
[2017-04-09 06:46:41] level2 : buy puts is like gift money to the street
[2017-04-09 06:47:16] mark121 : im perfectly happy to discuss but again, im asking u why
[2017-04-09 06:47:56] level2 : why options exist?
[2017-04-09 06:48:18] mark121 : lol i was being sarcastic -- no why am i gifting money to street
[2017-04-09 06:48:28] mark121 : aka the original statement u made
[2017-04-09 06:49:47] level2 : if you buy puts for long term this fall to 0
[2017-04-09 06:50:33] mark121 : ok so, i buy a put 3 months ahead of when i expect my move to occur...
[2017-04-09 06:50:46] mark121 : im not buying puts that expire a week after that
[2017-04-09 06:51:00] level2 : maybe you think that this time is diferent the data show this
[2017-04-09 06:51:30] mark121 : (i know the answers, i work in equities, im around these discussions weekly)
[2017-04-09 06:51:40] mark121 : im jus interested to hear ur reasoning
[2017-04-09 06:52:04] mark121 : and il throw this out too
[2017-04-09 06:53:37] mark121 : when right with options, the profit per $ is nutty
[2017-04-09 06:53:52] level2 : i work too in the markets ,so do you make money with the buy of puts?
[2017-04-09 06:54:13] plappa : does anyone know if segwit doens't happen but bu doesn't happen either than the blocks option wins in that scenario?
[2017-04-09 06:54:21] mark121 : what do you do
[2017-04-09 06:54:47] mark121 : (not in a negative way lol) just curious
[2017-04-09 06:54:55] mark121 : what country
[2017-04-09 06:55:00] mark121 : aswell
[2017-04-09 06:56:05] level2 : i look for asset that are cheap to buy and expe to short
[2017-04-09 06:59:17] mark121 : jus to b clear
[2017-04-09 06:59:50] mark121 : this is a specific ttrade
[2017-04-09 07:00:34] mark121 : daytrading id say its nearly impossible to say options are better
[2017-04-09 07:02:26] mark121 : but as i cant spend much more time on this atm - if im planning to sell with 80% of the time b4 expirayr remaining, that loss is meaningless
[2017-04-09 07:04:14] level2 : so you are very confident that the SPY will fall to buy puts ?
[2017-04-09 07:05:15] mark121 : yes
[2017-04-09 07:05:32] mark121 : not next wee
[2017-04-09 07:05:35] mark121 : June
[2017-04-09 07:05:47] level2 : why will fall the SPY?
[2017-04-09 07:05:48] Apocalyptic : two weeks (tm)
[2017-04-09 07:06:03] mark121 : why?
[2017-04-09 07:06:14] mark121 : thats a loaded question
[2017-04-09 07:06:55] mark121 : the real Q
[2017-04-09 07:07:29] mark121 : why wouldnt it when this bull market in human age is like 117
[2017-04-09 07:07:52] level2 : what do you see that is clear that will fall?
[2017-04-09 07:08:00] arbitrage101 : any finex investor here?
[2017-04-09 07:08:08] mark121 : debt ceiling is a big one
[2017-04-09 07:08:16] arbitrage101 : they offer free trading for investor?
[2017-04-09 07:09:23] level2 : maybe this time you are right and this fall but how many time do you buy puts ?
[2017-04-09 07:10:01] mark121 : that wil be my only material trade in options this year
[2017-04-09 07:10:10] mark121 : puts anyhow
[2017-04-09 07:10:39] mark121 : at this point calls as well
[2017-04-09 07:11:32] mark121 : i heavily subscribe to the sentiment that u only need 2 or 3 proper trades per year
[2017-04-09 07:11:44] level2 : i think that is is very low the odds to know when the SPY will fall
[2017-04-09 07:12:01] mark121 : if i didnt have insider information
[2017-04-09 07:12:09] mark121 : id be less confident
[2017-04-09 07:12:18] mark121 : and i say insider lightly
[2017-04-09 07:12:29] mark121 : but inside hte industry
[2017-04-09 07:13:21] level2 : so you have inside information that the SPY will fall ?
[2017-04-09 07:13:46] Apocalyptic : level2: you heard it first here
[2017-04-09 07:13:51] mark121 : haha
[2017-04-09 07:13:58] Apocalyptic : now you can't trade because it would be insider trading as well
[2017-04-09 07:14:03] Apocalyptic : no profits for you!
[2017-04-09 07:14:09] mark121 : if it wasnt legal insider information or illegal, i wudnt share it
[2017-04-09 07:14:18] mark121 : but this is tlaked about quite openly
[2017-04-09 07:14:25] level2 : i think that in the SPY dont is real the inside information
[2017-04-09 07:14:28] mark121 : and ive heard it in media even
[2017-04-09 07:14:43] Apocalyptic : level2: you're russian by any chance ?
[2017-04-09 07:15:06] mark121 : rather, if it was**
[2017-04-09 07:15:21] mark121 : otherwise id be liable duh
[2017-04-09 07:15:23] level2 : you can have inside information for an stock but for 500 ? for all the market?
[2017-04-09 07:15:42] mark121 : maybe i shudnt have used the word if englis is ur 2nd language
[2017-04-09 07:15:48] mark121 : my apologies
[2017-04-09 07:16:07] Apocalyptic : his phrasing gave it away
[2017-04-09 07:16:14] mark121 : ^^
[2017-04-09 07:16:58] level2 : you can not have inside information of the SPY
[2017-04-09 07:17:14] mark121 : ugh
[2017-04-09 07:18:06] mark121 : if im sharing in online chat with randoms, u can be sure that it would never be legally definable insider information
[2017-04-09 07:18:33] level2 : what is the source?some guy of GS?
[2017-04-09 07:18:43] level2 : that is not inside information
[2017-04-09 07:18:47] mark121 : Apocalyptic: heeeelp me lol
[2017-04-09 07:19:04] Apocalyptic : mark121: this is to entertaining for me to intervene
[2017-04-09 07:19:07] Apocalyptic : *too
[2017-04-09 07:19:12] mark121 : lol!
[2017-04-09 07:20:15] mark121 : level2: What i said before is, if i didnt work in the industry (if i wasnt inside the industry) i would be less sure of myself
[2017-04-09 07:21:02] mark121 : that im on good terms with the ceo of SPY .. hes related to the ceo of bitcoin
[2017-04-09 07:21:04] level2 : how many millions of puts do you buy?
[2017-04-09 07:21:24] mark121 : is secondary :P
[2017-04-09 07:21:56] mark121 : all i can tell u is what im doing
[2017-04-09 07:22:16] mark121 : outside of a vague inference
[2017-04-09 07:22:32] level2 : maybe you can sell this info to some fund
[2017-04-09 07:23:43] mark121 : let me finish by saying June is what i hear
[2017-04-09 07:23:55] mark121 : am I buying puts that expire in july? no
[2017-04-09 07:27:25] level2 : do you have info of CNY?
[2017-04-09 07:28:15] level2 : this will loss value?
[2017-04-09 07:31:05] mark121 : on the amex?
[2017-04-09 07:31:53] mark121 : seems to be in a bullish phase atm
[2017-04-09 07:32:19] mark121 : but i dont deal in forex
[2017-04-09 07:32:56] mark121 : so prob not best guy to ask
[2017-04-09 07:34:12] mark121 : lots of buying in the past month
[2017-04-09 07:36:11] mark121 : where u from?
[2017-04-09 07:38:06] REKT : Liquidated long on `LTC7D`: sell 940 @ 0.00880
[2017-04-09 07:39:06] level2 : https://www.bloomberg.com/news/articles/2017-04-07/stores-are-closing-at-a-record-pace-as-amazon-chews-up-retailers
[2017-04-09 07:40:06] REKT : Liquidated long on `LTC7D`: sell 300 @ 0.00876
[2017-04-09 07:43:52] Apocalyptic : level2: you know you can say that you don't want anyone to know you're from Russia, it's ok. Not answering questions is regarded as rude
[2017-04-09 07:44:17] level2 : i am from moon
[2017-04-09 07:44:53] level2 : why russia?
[2017-04-09 07:45:17] Apocalyptic : your way of phrasing
[2017-04-09 07:45:30] Apocalyptic : anyone who knows/speak russian can recognize it
[2017-04-09 07:45:47] Apocalyptic : or your native language is very close to it
[2017-04-09 07:45:56] level2 : no
[2017-04-09 07:46:49] Apocalyptic : sure, moon is more likely
[2017-04-09 07:49:08] mark121 : i like russians
[2017-04-09 07:49:33] Apocalyptic : mark121: they are smart people generally
[2017-04-09 07:49:35] mark121 : plus i can understand usually some
[2017-04-09 07:50:15] Apocalyptic : at least those I know
[2017-04-09 07:50:26] mark121 : heh ya they are pretty analytical by nature
[2017-04-09 07:51:06] level2 : yes are smart
[2017-04-09 07:51:08] mark121 : my background is yugoslavian
[2017-04-09 07:51:43] thomaskikansha : negative funding rate for days...yet price not going down
[2017-04-09 07:51:46] Apocalyptic : see, again
[2017-04-09 07:52:04] mark121 : i assumed hes form china
[2017-04-09 07:52:48] Apocalyptic : mark121: why ? does chinese have similar phrase structures ?
[2017-04-09 07:53:01] Apocalyptic : I don't know a single bit of chinese
[2017-04-09 07:53:05] mark121 : cus he ask about rem/usd
[2017-04-09 07:53:22] mark121 : ETN
[2017-04-09 07:53:25] Dnavid : Are whales pumping btc to 1220-1250? Or this time's different?
[2017-04-09 07:53:27] Apocalyptic : everybody here watches USD/CNY
[2017-04-09 07:54:12] level2 : i am not from china
[2017-04-09 07:54:33] mark121 : i dont
[2017-04-09 07:54:45] mark121 : lol
[2017-04-09 07:54:54] mark121 : but fair enuf, i just said i assumed
[2017-04-09 07:55:01] mark121 : i wudnt put $ on it :p
[2017-04-09 07:55:15] mark121 : ok so where are u from?
[2017-04-09 07:55:23] Dnavid : /price
[2017-04-09 07:55:25] trollbot : ``` Bitstamp : 1184.50 (0.97%) Bitfinex : 1190.10 (1.20%) The Woodchipper : 1188.49 (1.21%) itBit : 1184.47 (0.92%) Kraken : 1183.83 (0.67%) GDAX : 1185.89 (0.53%) SLQ : 12 hours, 35 mins```
[2017-04-09 07:55:28] Apocalyptic : mark121: pre-PBOC it was assumed to be strongly correlated with BTC/USD
[2017-04-09 07:55:38] mark121 : silly
[2017-04-09 07:55:41] Apocalyptic : good old rapid used to post the new rate everyday
[2017-04-09 07:56:08] level2 : where is rapid?
[2017-04-09 07:56:56] mark121 : not to be a poohea but up until pboc roughly, btc was as easy to predict as anything i ever traded
[2017-04-09 07:57:00] Apocalyptic : healing his funding wounds
[2017-04-09 07:57:27] Apocalyptic : level2: don't worry we won't tell Putin you're here trading BTC
[2017-04-09 07:57:29] mark121 : and thus any extra info was totally unnecessary, TA told the entire picture
[2017-04-09 07:57:58] mark121 : level2: are u really going to not tell us
[2017-04-09 07:59:26] jetsetta : short ltc
[2017-04-09 07:59:37] mark121 : as im usually asked for investment advice from friends, fam and people i meeet i can tell u I very rarely feel so strongly about something to actually tell them where to put their money
[2017-04-09 08:00:04] mark121 : or my lips are sealed and i cannot say (work)
[2017-04-09 08:00:17] mark121 : but i told every1 to buy btc at 600
[2017-04-09 08:00:32] level2 : anyone buy btc ?
[2017-04-09 08:01:18] mark121 : only a few , but every single one wished they did come december lol
[2017-04-09 08:01:46] mark121 : and now they wud likely buy anything if i told them to lol
[2017-04-09 08:05:10] mark121 : level2: if u arent russian or chinese you are from a former USSR country or a country bordering china
[2017-04-09 08:06:34] mark121 : my eth long is holding well
[2017-04-09 08:08:29] Apocalyptic : mark121: I'm more interested in why he doesn't want to say, level2 is just a nick after all
[2017-04-09 08:09:21] KingTuna : This market a little dull, not much action for a whole 18 hours
[2017-04-09 08:09:59] KingTuna : I did put in a cheeky little LTC short, but that's about it
[2017-04-09 08:10:38] mark121 : u can say that again
[2017-04-09 08:10:44] mark121 : Apocalyptic: same
[2017-04-09 08:12:13] mark121 : closed eth
[2017-04-09 08:12:59] mark121 : CLAM is the new btc
[2017-04-09 08:25:02] mark121 : btc raly?
[2017-04-09 08:25:35] mark121 : or dive , u decide.
[2017-04-09 08:26:08] mark121 : seems to be at local resistance
[2017-04-09 08:29:46] Dnavid : mark121: short margin almost highest since etf anyhow
[2017-04-09 08:30:10] Apocalyptic : Dnavid: on finex ?
[2017-04-09 08:31:20] Apocalyptic : mark121: you're familiar with Shkreli ?
[2017-04-09 08:32:29] mark121 : ppl seem to be buying on summation chart
[2017-04-09 08:32:34] mark121 : what bout him
[2017-04-09 08:33:11] Apocalyptic : https://www.bloomberg.com/news/articles/2017-04-07/martin-shkreli-s-former-lawyer-threatens-to-blow-the-whistle
[2017-04-09 08:33:16] Apocalyptic : the plot thickens
[2017-04-09 08:33:38] Apocalyptic : "Prosecutors said he used $11 million of Retrophin Inc.’s assets to pay off investors who lost money in hedge funds he ran" best part
[2017-04-09 08:40:28] rapidtrades : 369/576 (64.06%) blocks signaling in the past 24 hours!
[2017-04-09 08:40:35] rapidtrades : LTC segdead
[2017-04-09 08:41:24] mark121 : ya the whole thing is pretty interestin
[2017-04-09 08:42:23] mark121 : hes no worse than others just brough t to much attention to himself
[2017-04-09 08:44:26] mark121 : which means hes still awful lol
[2017-04-09 08:45:06] mark121 : however thats the way shit works on wall st
[2017-04-09 08:45:49] mark121 : least he didnt start with big bucks
[2017-04-09 08:46:58] mark121 : hes prob screwed tho , especially if the court allows the ex lawyers testiomy
[2017-04-09 08:47:01] Dnavid : Apocalyptic: everywhere
[2017-04-09 08:47:02] mark121 : testimony*
[2017-04-09 08:48:10] arbitrage101 : according to my super duper TA analysis, ltc will hit 50 soon
[2017-04-09 08:49:07] rapidtrades : arb ur a POS
[2017-04-09 08:49:12] Apocalyptic : arbitrage101: such moon you're predicting