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<< >> English 中文 Русский 한국어 日本語 Español Français [2017-04-21 00:25:46] rapidtrades : yes everyone bail swap, long futures [2017-04-21 00:26:20] InvalidUser : I just did that [2017-04-21 00:26:46] InvalidUser : Futures were 5 bucks higher 15 min ago [2017-04-21 00:27:18] rapidtrades : they'll go back to $5 after longs pay funding few times [2017-04-21 00:27:45] InvalidUser : I think so to,, I made a quick decision to move over when I saw that [2017-04-21 00:27:58] InvalidUser : The market just went Bull [2017-04-21 00:28:47] rapidtrades : this is no bull, just arbers refusing to accept reality re:finex [2017-04-21 00:30:20] InvalidUser : Who cares about reality when your making money [2017-04-21 00:34:36] REKT : Liquidated short on `XBTUSD`: buy 1265 @ 1241.2 [2017-04-21 00:48:14] Ugly_Old_Goat : Big struggle here in June contract [2017-04-21 00:48:33] zanza : struggle where?\ [2017-04-21 00:49:06] Ugly_Old_Goat : Lots of contracts bot and sold at 1241.9 and 1241.9 [2017-04-21 00:49:18] Ugly_Old_Goat : 1241.8 [2017-04-21 00:49:33] Ugly_Old_Goat : Like probably 200k [2017-04-21 00:49:40] Ugly_Old_Goat : I mean 400k [2017-04-21 00:51:18] Ugly_Old_Goat : Very surprsing at Perp is strong in the face of nice bonus for shorts [2017-04-21 00:52:21] Ugly_Old_Goat : Probably good tiime to buy June June sell perp [2017-04-21 00:53:36] Tommy : bots arbing with Bfx maybe? [2017-04-21 00:53:53] Tommy : bots prefer paper money [2017-04-21 00:54:32] Ugly_Old_Goat : Can't arb at bitfinex unless you are insider and know something [2017-04-21 00:55:35] Ugly_Old_Goat : Again, my concern is the freeze will go to other exhanges. If so we should explode to upside and demand for btc will be hurge off exchanges [2017-04-21 00:55:56] Tommy : Bfx rep keep boasting how loyal their customers are and how great the lending return is for them. [2017-04-21 00:57:18] Ugly_Old_Goat : I have a good opinion of them, but no where close to my high opinion of bitmex and btc-e. The two unregulated stand up exchanges [2017-04-21 01:08:28] MikeHunt : btc-e are not worthy of respect [2017-04-21 01:08:32] MikeHunt : very shady [2017-04-21 01:10:51] rapidgains : never been hacked tho [2017-04-21 01:11:06] rapidgains : how many exchanges can say that [2017-04-21 01:18:41] MikeHunt : xbtce got hacked apparently [2017-04-21 01:18:43] MikeHunt : covered it up [2017-04-21 01:32:51] frog : ltc getting boring now, was exciting for a while but now looks like it will drag on for a while [2017-04-21 01:35:12] frog : miners can block anything through hash ans charlie wont call for UASF while there is prospect of a roundtable meeting, so effectively in a holding paatern [2017-04-21 01:38:38] InvalidUser : JPY and OkDokycoin going for it [2017-04-21 01:38:40] omicron : im a newbie. can someone tell me if funding is based on notional value or margin value [2017-04-21 01:39:57] zanza : notional [2017-04-21 01:40:23] omicron : damn, so .15% at 100x is 15% [2017-04-21 01:40:28] zanza : yup! [2017-04-21 01:40:39] omicron : so if i sell 1 btc, i get .15 btc [2017-04-21 01:41:20] zanza : .15% of 1 BTC is .0015 [2017-04-21 01:41:40] zanza : if you went 100x leverage with 1 BTC, it would be 100 BTC notional [2017-04-21 01:41:47] omicron : yes [2017-04-21 01:41:48] zanza : and .15 BTC funding [2017-04-21 01:41:59] zanza : but if the price swings even an inch, u will get liquidated [2017-04-21 01:42:19] zanza : and lose your 1 BTC fully [2017-04-21 01:42:43] omicron : i see, so i should load 2 btc to short 1btc [2017-04-21 01:42:49] omicron : that way i have some roon [2017-04-21 01:42:51] omicron : *room [2017-04-21 01:43:07] MikeHunt : omicron: liq price is fixed based on lvg you use [2017-04-21 01:43:15] MikeHunt : not contract amount [2017-04-21 01:43:46] omicron : i can cross margin 2 btc, sell 1btc, then i get .15? [2017-04-21 01:43:52] zanza : 2BTC at 50x leverage would give you more room [2017-04-21 01:43:59] zanza : to avoid a liquidation [2017-04-21 01:44:12] foobar : with a .1586 fee you could short then close with a takers fee and still make money, as long as you do it quick enough and spread is small enough [2017-04-21 01:44:19] foobar : and of course, not too many people do it [2017-04-21 01:44:22] foobar : and beat you to it [2017-04-21 01:44:22] foobar : haha [2017-04-21 01:44:33] foobar : start writing that code now [2017-04-21 01:44:37] foobar : you have 2 hours [2017-04-21 01:45:02] frog : good idea in theory but hard to achieve in real life [2017-04-21 01:46:24] omicron : like everything [2017-04-21 01:46:33] foobar : you need to calculate the loss due to spread and hope that the no trades go in between your open and close...which ... is unlikley [2017-04-21 01:46:53] foobar : it is pretty tight around the takers fee [2017-04-21 01:46:56] omicron : ya, spread is tight now, so i should wait 2m before funding, enter and exit right after reward at taker price [2017-04-21 01:46:58] foobar : your odds are way better in 10 hours [2017-04-21 01:47:14] foobar : 2m..no you need a bot to execute this for you within seconds [2017-04-21 01:47:38] foobar : if you are gonna do it with clicks, wait 10 hours [2017-04-21 01:47:43] foobar : way more wiggle room [2017-04-21 01:47:49] foobar : at .187 [2017-04-21 01:48:15] foobar : if you look at funding history, this opportunity does occasionally come up [2017-04-21 01:48:55] foobar : im going with the safer option here [2017-04-21 01:49:11] foobar : short xbtusd, long xbtm17 [2017-04-21 01:49:31] foobar : although, my entry into the 2 was much better than the current price [2017-04-21 01:50:31] omicron : whats with the index now? its just bitstamp? they removed and readded gdax already? [2017-04-21 01:53:41] Halaman : now its gdax and stamp for the index [2017-04-21 01:59:59] mark121 : https://www.tradingview.com/chart/BTCUSD/4EG3VxFf-BITCOIN-BTC-Another-faster-path-to-glory-Could-it-be/ [2017-04-21 02:00:11] mark121 : so far so good [2017-04-21 02:00:47] frog : ltc fwiw since 12.00 only 45% of blocks have been signalling [2017-04-21 02:02:07] REKT : Liquidated long on `XMRJ17`: sell 10 @ 0.016025 [2017-04-21 02:03:32] mark121 : cant help but notice how a chart i made in dec which deviated when coindesk published a "for sure dump" - landed back on track so perfectly for this week [2017-04-21 02:03:34] mark121 : https://www.tradingview.com/chart/BTCUSD/XNLxlgCI-Bitcoin-BTCUSD-2017-Pricing-Model-Conservative-Outlook/ [2017-04-21 02:04:24] mark121 : gota imagine wicks as i couldnt put them in due to TV [2017-04-21 02:09:07] KingTuna : I'd imagine when BTC slows again, alts 'may' fire up. [2017-04-21 02:09:17] KingTuna : Stock standard statement [2017-04-21 02:09:21] mark121 : eventually [2017-04-21 02:09:24] mark121 : but [2017-04-21 02:09:36] mark121 : one future shows me alt holocaust inc [2017-04-21 02:09:49] DorianWhack-A-Moto : is OKC settlement still relevant? [2017-04-21 02:09:52] mark121 : like they gona get pissed on b4 they grow back [2017-04-21 02:10:05] KingTuna : Ah yeah [2017-04-21 02:11:06] mark121 : if we re really back on track with my 2nd chart post [2017-04-21 02:11:20] mark121 : well it speaks for itself that wud be nutty [2017-04-21 02:11:51] robit : mark121: 1400+ incoming. We are going to test the top trendline again [2017-04-21 02:12:18] mark121 : yep [2017-04-21 02:12:51] micmix : very cool guys, buy morrr! have lots of contracts to sell [2017-04-21 02:13:02] mark121 : to short? [2017-04-21 02:13:12] mark121 : or for profit [2017-04-21 02:14:14] micmix : to hedge [2017-04-21 02:14:45] KingTuna : sorry I mean long* [2017-04-21 02:15:01] KingTuna : mark121: you holding your shlong? [2017-04-21 02:15:07] KingTuna : long* [2017-04-21 02:15:08] mark121 : yea [2017-04-21 02:15:13] mark121 : :p [2017-04-21 02:15:13] Tommy : longs must have too much money [2017-04-21 02:15:22] KingTuna : To 1400? Wow [2017-04-21 02:15:44] KingTuna : A dump would make them so much money .. all these longs [2017-04-21 02:15:47] mark121 : im holding to 2097 [2017-04-21 02:15:55] MikeHunt : 2k yup [2017-04-21 02:15:56] MikeHunt : maybe higher [2017-04-21 02:15:57] KingTuna : I see [2017-04-21 02:16:01] sleger : please come back in 80 years yes ! [2017-04-21 02:16:06] sleger : not before [2017-04-21 02:16:31] mark121 : id imagine it sucks [2017-04-21 02:17:29] mark121 : like in a pic of all ugly ppl, they arent as noticable until a handsome mofo steps in, all of a sudden very noticable [2017-04-21 02:17:51] mark121 : (u arent the handsome mofo) [2017-04-21 02:18:49] sleger : you got banned because you were ugly and annoying, noone else besides rapid and you get banned around here [2017-04-21 02:18:58] mark121 : lol [2017-04-21 02:19:05] Tommy : it's the fomo of the mofo causing the spike [2017-04-21 02:19:11] mark121 : u dont even kno wwhy sleger [2017-04-21 02:19:20] mark121 : but if u seriously want to bring up that pathetic display [2017-04-21 02:19:26] mark121 : oh wait.. [2017-04-21 02:19:44] mark121 : this isn't worthit lol [2017-04-21 02:19:53] l3f : sleger: unhedged? [2017-04-21 02:19:58] l3f : looks like no more free money for longs [2017-04-21 02:20:14] l3f : or is it just bfx fuckery [2017-04-21 02:20:32] sleger : short swap, long futs, all good [2017-04-21 02:23:48] omicron : how do they calculate margin reqd if you are long on one and short the other? is it separate [2017-04-21 02:24:01] mark121 : depends on ur choice of margin calc [2017-04-21 02:24:24] mark121 : cross vs independent [2017-04-21 02:24:44] omicron : if its cross then you only need net margin? [2017-04-21 02:24:55] sleger : omicron: dont listen to him he is wrong [2017-04-21 02:24:57] mark121 : it desnt seem to work like that [2017-04-21 02:25:12] mark121 : but idealy it was supose to [2017-04-21 02:25:14] sleger : omicron: there is no netting here, he told you BS] [2017-04-21 02:25:26] omicron : thanks sleger [2017-04-21 02:25:36] sleger : omicron: he is a big known troll, just came out of a ban, going back soon [2017-04-21 02:25:39] mark121 : llol [2017-04-21 02:25:43] mark121 : sleger, ok [2017-04-21 02:26:01] mark121 : thinking of you, makes me sad for you [2017-04-21 02:26:05] mark121 : i pity you [2017-04-21 02:26:07] mark121 : truly [2017-04-21 02:26:31] mark121 : u do nothing but bitch moan and whine [2017-04-21 02:26:37] mark121 : cept i post charts that nail trends [2017-04-21 02:26:42] mark121 : u post nothing [2017-04-21 02:26:45] micmix : we were promised some way to realize PNL on cross margin but doesn't look like it's coming [2017-04-21 02:27:19] sleger : mark121: you've been telling everyone to short for past 7 days dummy [2017-04-21 02:27:25] mark121 : sleger: dont use up my pity for you [2017-04-21 02:27:29] sleger : oh look, price is up [2017-04-21 02:27:32] micmix : no netting sucks, you have to hold more capital here [2017-04-21 02:27:48] mark121 : see that sleger, ive never seen such desperation [2017-04-21 02:27:55] mark121 : straight lie [2017-04-21 02:27:56] Armis : Btc will beat this high looks like . How do u think @mark121 ? [2017-04-21 02:28:06] mark121 : ya [2017-04-21 02:28:06] Armis : Sorry phone [2017-04-21 02:28:07] mark121 : https://www.tradingview.com/chart/BTCUSD/4EG3VxFf-BITCOIN-BTC-Another-faster-path-to-glory-Could-it-be/ [2017-04-21 02:28:21] Armis : Nice [2017-04-21 02:29:07] sleger : mark121: see, I used your technique, straight lie indeed [2017-04-21 02:29:22] micmix : math question for you guys: if mark posts random charts every 10min, what is the probability of him being right once a week? [2017-04-21 02:29:28] mark121 : in other words and admission? [2017-04-21 02:29:44] mark121 : micmix: u cant verify that to [2017-04-21 02:29:48] mark121 : can* [2017-04-21 02:30:24] sleger : micmix: 1-3.6E-304 [2017-04-21 02:30:42] sleger : assuming 7 days a week, 24hr a day [2017-04-21 02:30:48] sleger : basically 100% [2017-04-21 02:31:07] mark121 : i take your compliments and thank u for them [2017-04-21 02:32:12] Ugly_Old_Goat : Mark up phase has started [2017-04-21 02:32:36] mark121 : yee [2017-04-21 02:34:15] Ugly_Old_Goat : June will be going to super premium to perp [2017-04-21 02:34:21] Armis : mark121: his did u earn so many folovers ? Looks like that follow every your post c.f. [2017-04-21 02:34:30] Armis : :D [2017-04-21 02:34:40] Ugly_Old_Goat : Buy perp and you will be paying for prividlege every 8 hours [2017-04-21 02:34:41] mark121 : haha :D [2017-04-21 02:34:43] Armis : #how did [2017-04-21 02:35:12] Ugly_Old_Goat : The spread for next 6-8 weeks will be long June short perp [2017-04-21 02:36:05] Ugly_Old_Goat : June likley to go $100+ premium perp [2017-04-21 02:36:10] mark121 : Armis: probably just coincidence and luck :p [2017-04-21 02:37:01] robit : Ugly_Old_Goat: Exactly. In January at the peak there was a $120 premium [2017-04-21 02:37:26] InvalidUser : Finex 3 dollars from ATH [2017-04-21 02:38:06] InvalidUser : Sry 18 [2017-04-21 02:38:16] Ugly_Old_Goat : Yup that worries me, but the volume will go to June as it is a more pure market [2017-04-21 02:38:32] Armis : mark121: better watch out , probably soon they will hire some paparazzi to follow u :D [2017-04-21 02:41:23] mark121 : Armis: wow so true!! hopefully they dont take payment in tears or lies , if so, u may have saved my life!! i owe u ! [2017-04-21 02:46:38] omicron : price is gonna drop like kim kardashian's panties [2017-04-21 02:47:52] robit : omicron: Yup, from $5000 to $2000 [2017-04-21 02:58:29] omicron : so funding is gonna hit in a couple of mins? [2017-04-21 02:59:29] omicron : so why wont people buy right after the funding event and exit right before the next one [2017-04-21 02:59:40] omicron : i guess the spread and commissions [2017-04-21 03:00:11] foobar : yup..im out. had the hedge going, took the profit instead as the basis flipped signs [2017-04-21 03:03:04] foobar : probably left a lot on the table though, that basis could go much higher [2017-04-21 03:03:42] omicron : everyone is feeling bullish ... isnt this a bad sign [2017-04-21 03:07:18] Tommy : Bullish is good. Means more funding for the shorts. [2017-04-21 03:08:09] Tommy : It's a win-win situation for both longs and shorts. [2017-04-21 03:08:34] omicron : ya im beginning to appreciate this swap a bit more now that i understand it [2017-04-21 03:09:07] Tommy : That's precisely how the swaps in forex work. [2017-04-21 03:09:20] omicron : but really, this is mostly meant for shorts to sell parabolic moves [2017-04-21 03:09:29] Tommy : Just they don't have triple swap on Wednesdays. [2017-04-21 03:09:31] omicron : as a long, you will never make money unless market is crashing [2017-04-21 03:10:19] omicron : overall, fomo traders will pay ridiculous premium on inflated markets and shorts can eat the premium. thats the only way to trade this [2017-04-21 03:10:50] omicron : if i want to profitably long, i have to go with the futures [2017-04-21 03:11:18] Tommy : You can long June futures when the premium is low. [2017-04-21 03:11:34] Tommy : Then when the premium is high, you can sell and also take profit. [2017-04-21 03:11:36] omicron : yes, i need to set an alert and long it [2017-04-21 03:18:47] crmun : june will be on premium if we go up fast, if we drop it will be discount [2017-04-21 03:19:50] elmorte : How the hell do you open announcements on mobile? [2017-04-21 03:20:14] foobar : this orderbook should be really interesting in 40m [2017-04-21 03:20:33] mark121 : As a long u won't make money unless market is crashing ? [2017-04-21 03:21:46] mark121 : Maybe that's out of context and referring to funding but it's kinda silly still [2017-04-21 03:22:18] mark121 : Elmorte: I see the pop up too! [2017-04-21 03:25:08] elmorte : Yeah, I'm wondering if it's the same as the blog posts [2017-04-21 03:25:22] elmorte : Gonna boot up the desktop [2017-04-21 03:26:51] REKT : Liquidated short on `LTC7D`: buy 90 @ 0.00883 [2017-04-21 03:29:17] micmix : elmorte: it's the same as blog post but blog post gives detailed calculations [2017-04-21 03:32:21] omicron : bitmex price is dropping despite index rising, obviously traders unloading before funding kicks in [2017-04-21 03:32:50] aguia7 : /fork [2017-04-21 03:32:51] trollbot : ``` Bitfinex BCC : 1164.80 (0.00%) Bitfinex BCU : 146.79 (0.00%) SLQ : < 1 min``` [2017-04-21 03:41:23] mark121 : All of bitcoin moves based on bitmex funding.. it's the most known unknown opposite truth [2017-04-21 03:44:37] mark121 : Oh no... may need to drop some freestyles soon [2017-04-21 03:45:13] mark121 : I'm the man with the plan, I [2017-04-21 03:46:09] BitMEX_Arthur : Guys please check the announcements horn we just published a notice about changes to the swap funding rate calculation. [2017-04-21 03:47:13] omicron : BitMEX_Arthur: so the swap rate is now hard-coded amount? [2017-04-21 03:47:48] rapidgains : ( ͡° ͜ʖ ͡°) [2017-04-21 03:48:05] omicron : ie not dependent on outside source? [2017-04-21 03:49:44] BitMEX_Arthur : No only the interest rate component which always came from an outside source. The market based premium or discount still works the same. [2017-04-21 03:50:14] BitMEX_Arthur : https://www.bitmex.com/app/swapsGuide [2017-04-21 03:50:29] BitMEX_Arthur : Please read that to understand the calculation [2017-04-21 03:51:51] omicron : ok thanks [2017-04-21 03:52:57] Tommy : It doesn't look like the change is going to affect the funding rate much, given the huge premium. [2017-04-21 03:53:55] InvalidUser : The fuetures market is bullish,,, No fux given about funding [2017-04-21 03:54:03] InvalidUser : futures [2017-04-21 03:54:06] mark121 : most who focus on funding rate rather than asset lose money im sure [2017-04-21 03:54:40] oo : btc soar. bet it all [2017-04-21 03:54:59] InvalidUser : I am at 23000 x [2017-04-21 03:57:39] mark121 : /sentiment [2017-04-21 03:57:42] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 43.82 / 56.18 Daily : 41.39 / 58.61 Weekly : 41.54 / 58.46 Monthly : 47.62 / 52.38``` [2017-04-21 03:58:57] Tommy : Did longs sell 2 minutes before the funding time to avoid paying? [2017-04-21 04:00:05] mark121 : likely will not workout if they want to reopen lol [2017-04-21 04:00:26] omicron : of course im guessing they are taking partial profits due to the big run [2017-04-21 04:01:35] REKT : Liquidated short on `LTC7D`: buy 40 @ 0.00905 [2017-04-21 04:07:04] cryptonoob : should we just ignore the funding rate listed then? and just assume it's just 0.03% [2017-04-21 04:07:26] guacamole : cryptonoob: no, that's just the interest component of the funding rate [2017-04-21 04:07:39] omicron : this shit is pretty hard to explain. bitmex must be exasperated explaining stuff over and over [2017-04-21 04:08:01] guacamole : interest meaning lending rates on margin exchanges (bitfinex) - funding also adds in a premium based on difference here between current price and index [2017-04-21 04:08:32] guacamole : click more details on the left if you want to read [2017-04-21 04:08:39] Tommy : It's not hard to explain. Irrational longs pay an auto-correct penalty to the other party. [2017-04-21 04:08:50] Tommy : Same if you short too low. [2017-04-21 04:09:04] mark121 : omicron its pretty basic .. ^ [2017-04-21 04:09:09] mark121 : what tommy said [2017-04-21 04:09:31] guacamole : sort of, if index and current price were equal, shorts would be paying interest now [2017-04-21 04:09:37] Ugly_Old_Goat : anyone understand the new lending rate? [2017-04-21 04:09:51] guacamole : it's just cutting bitfinex out of the calculation [2017-04-21 04:10:00] Tommy : guacamole: Yes, in an ideal world. [2017-04-21 04:12:34] omicron : wow i actually made money selling befre the funding and buying back later. maker order both times [2017-04-21 04:12:50] omicron : im surprised because i rarely win on the swap [2017-04-21 04:13:15] omicron : checkout the next funding .22% almost [2017-04-21 04:13:20] Tommy : I've seen bots doing this around funding time. [2017-04-21 04:13:36] omicron : i totally get the bot theory [2017-04-21 04:13:41] mark121 : i prefered selling at 1247-1248 [2017-04-21 04:13:44] omicron : its fast free money [2017-04-21 04:13:44] guacamole : yeah, shorts will pay the next round though if present keeps up, but who knows what will happen in 8 hours [2017-04-21 04:14:53] mark121 : 46-47* [2017-04-21 04:20:16] Dnavid : mark121: are you planning on buying again? [2017-04-21 04:21:15] mark121 : aye [2017-04-21 04:21:40] mark121 : still holding futures [2017-04-21 04:22:06] REKT : Liquidated long on `LTC7D`: sell 60 @ 0.00887 [2017-04-21 04:28:01] alfaCharlie : so this .2188% funding happening or not ? [2017-04-21 04:28:50] alfaCharlie : or it will be .03 % [2017-04-21 04:30:40] Tommy : You'll know it in 8 hours. [2017-04-21 04:34:24] alfaCharlie : 12 utc means .22% will happen , thanks tommy I didn't noticed the time [2017-04-21 04:34:55] thomaskikansha : .01 per 8 hour is the base [2017-04-21 04:35:17] Tommy : In an efficient market, it should stick to the posted rate, i.e. 0.03%. [2017-04-21 04:37:33] alfaCharlie : yup [2017-04-21 04:39:18] Tommy : rapid, I told you the premium for June will be higher [2017-04-21 04:39:50] Tommy : Skipping all the swap interest for $5 premium is sub-optimal. [2017-04-21 04:40:58] crmun : LOL bots on June went nuts [2017-04-21 04:44:24] thomaskikansha : okc quarts also got decent premium [2017-04-21 04:45:42] Tommy : It should be. Who knows when all of a sudden the Chinese exchanges will allow withdrawal. [2017-04-21 04:46:05] mark121 : lol... [2017-04-21 04:46:13] MikeHunt : monday perhaps [2017-04-21 04:46:20] MikeHunt : rumor is 23/24th [2017-04-21 04:46:29] crmun : quarts always playing their own game [2017-04-21 04:46:35] thomaskikansha : much work underway [2017-04-21 04:47:08] thomaskikansha : thats why okc cny went up I guess? [2017-04-21 04:50:20] mark121 : imo way to much significance assigned to the withdrawl issue - especially when its not required in the least to explain the movement [2017-04-21 04:50:34] REKT : Liquidated long on `XRP7D`: sell 10000 @ 0.00002519 [2017-04-21 04:50:49] mark121 : dont most criminals and launderers avoid USD over 10k anyway due to patriot act? [2017-04-21 04:53:13] mark121 : crypto community loves retrofitting price action - [2017-04-21 05:13:43] cryptonoob : 0.2188% funding rate for longs is just straight up rape [2017-04-21 05:13:56] cryptonoob : I closed my position, will wait for next round [2017-04-21 05:24:32] irvingtrader : Isnt't long funding gives you comitions, and short substact you? [2017-04-21 05:27:23] cryptonoob : irvingtrader: it varies, sometimes longs pay and sometimes shorts pay [2017-04-21 05:29:06] InvalidUser : cryptonoob: Use futures [2017-04-21 05:29:26] omicron : usually longs pay because .... well very few people know to short anyway [2017-04-21 05:30:25] cryptonoob : InvalidUser: They seem to have wider spread and lower volume [2017-04-21 05:32:06] REKT : Liquidated long on `XRP7D`: sell 40 @ 0.00002485 [2017-04-21 05:38:50] InvalidUser : It looks like Stamp has decided to join the party [2017-04-21 05:41:10] InvalidUser : Jpy on the move [2017-04-21 05:42:41] mark121 : omicron: incorrect [2017-04-21 05:43:30] mark121 : /sentiment [2017-04-21 05:43:33] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 50.74 / 49.27 Daily : 41.97 / 58.03 Weekly : 41.62 / 58.38 Monthly : 47.62 / 52.39``` [2017-04-21 05:43:42] KyllingLolsson : /price [2017-04-21 05:43:45] trollbot : ``` Bitstamp : 1244.89 (0.00%) Bitfinex : 1322.90 (0.00%) The Woodchipper : 1276.81 (0.00%) itBit : 1246.99 (0.00%) Kraken : 1244.33 (0.00%) GDAX : 1246.70 (0.00%) SLQ : < 1 min``` [2017-04-21 06:14:43] rapidtrades : china is barely up [2017-04-21 06:15:00] rapidtrades : same as west, nothing points to withdrawals [2017-04-21 06:18:03] KyllingLolsson : rapidtrades: u think we will pass ath before dump? [2017-04-21 06:18:10] mark121 : jesus [2017-04-21 06:18:23] rapidtrades : KyllingLolsson: could be by a bit [2017-04-21 06:18:32] rapidtrades : it should bounce there [2017-04-21 06:18:57] mark121 : KyllingLolsson: u have "dump" tunnel vision [2017-04-21 06:19:26] KyllingLolsson : mark121: but it cant race forever eh? what abt consolidation ? [2017-04-21 06:19:38] irvingtrader : so... who is selling? [2017-04-21 06:19:43] mark121 : KyllingLolsson: we just consolidated [2017-04-21 06:19:47] rapidtrades : its gonna dump in a matter of days [2017-04-21 06:19:53] KyllingLolsson : mark121: no consolidation is sideways [2017-04-21 06:19:56] mark121 : yes [2017-04-21 06:19:58] rapidtrades : its clear that this entire run from 890 was finex related [2017-04-21 06:20:00] KyllingLolsson : we would need a cpl of weeks of that [2017-04-21 06:20:07] mark121 : and we did [2017-04-21 06:20:13] irvingtrader : rapidtrades: 1d, 4h oscilations are crying for shorts.... [2017-04-21 06:20:14] KyllingLolsson : where? [2017-04-21 06:20:27] InvalidUser : There is still a lot of money stuck in Finex that needs to come out. [2017-04-21 06:20:28] mark121 : 7th to 19th [2017-04-21 06:20:50] mark121 : ok 10th [2017-04-21 06:20:57] KyllingLolsson : mark121: https://www.tradingview.com/x/nkRNJXRp/ [2017-04-21 06:20:57] mark121 : but on a large timescale [2017-04-21 06:21:06] KyllingLolsson : this is what i want to see beforei gp bull [2017-04-21 06:21:10] rapidtrades : most insiders bailed weeks ago after they learned about WF issues [2017-04-21 06:21:26] rapidtrades : tokens paid off, bailed [2017-04-21 06:21:35] mark121 : not sure what that is k [2017-04-21 06:22:16] KyllingLolsson : mark121: you're a short term trader, in that sens yes it will go up [2017-04-21 06:22:20] mark121 : no [2017-04-21 06:22:30] rapidtrades : mark ur an idiot [2017-04-21 06:22:36] KyllingLolsson : but betwee the 7 to the 19th... [2017-04-21 06:22:37] mark121 : rapidtrades: stop talking pls [2017-04-21 06:22:55] mark121 : i didnt finish the thought [2017-04-21 06:23:00] mark121 : on the larger timeframes [2017-04-21 06:23:01] Actualiteit : good fucking moringine [2017-04-21 06:23:03] mark121 : weekly [2017-04-21 06:23:03] Actualiteit : mornign [2017-04-21 06:23:30] mark121 : sec [2017-04-21 06:23:33] mark121 : ipost [2017-04-21 06:24:58] KyllingLolsson : My logic goes like, can't have a boner doing coke forever. Same with btc. Needs to go soft and stop doing coke for a while! [2017-04-21 06:25:14] KyllingLolsson : justa little while! [2017-04-21 06:25:24] rapidtrades : ur logic is sound, only a matter of time [2017-04-21 06:25:25] mark121 : lol [2017-04-21 06:26:24] mark121 : KyllingLolsson: rapidtrades shouldnt be taken seriously , u kno that right? (sorry rapid) [2017-04-21 06:26:51] mark121 : and well, its to say what goes up must come down [2017-04-21 06:27:24] KyllingLolsson : mark121: i make up my own mind regardless of what he thinks... [2017-04-21 06:27:25] mark121 : but i find it strange how the fact that we went sub 900 is like totally forgotten [2017-04-21 06:27:42] mark121 : all of that was a pullback from the main trend [2017-04-21 06:28:18] InvalidUser : Only in BTC would someone mention coke and dick to reference to the price [2017-04-21 06:28:28] mark121 : and monero! [2017-04-21 06:28:29] mark121 : :p [2017-04-21 06:28:31] InvalidUser : * no to [2017-04-21 06:30:38] mark121 : KyllingLolsson: to be exact, 1260 zone is the final area id like to get by convincingly b4 i can b totally sure [2017-04-21 06:31:56] mark121 : altho thats more paranoia than anyting else [2017-04-21 06:32:56] mark121 : even on your chart u can see where we likely are on the iteration , explain the circled area im not sure how it applies [2017-04-21 06:33:56] rapidtrades : mark charts don't matter rn [2017-04-21 06:34:03] mark121 : cute [2017-04-21 06:34:07] rapidtrades : its all about when finex runs out of money [2017-04-21 06:34:10] mark121 : but dude, dont say that outloud [2017-04-21 06:34:44] rapidtrades : longs will be caught with their pants down as they were during the previos 3 crashes this year [2017-04-21 06:35:01] rapidtrades : 1 month gains lost in days [2017-04-21 06:35:44] KyllingLolsson : mark121: the circle area, is the kind of consolidation i want to see [2017-04-21 06:35:55] mark121 : i guess if u dont look at charts rapid [2017-04-21 06:35:59] mark121 : u cud get caught or cud have [2017-04-21 06:36:07] mark121 : but all of them were quite easy to spot [2017-04-21 06:36:08] mark121 : b4 hand [2017-04-21 06:36:24] mark121 : without argument i jus twant to point out.. [2017-04-21 06:36:24] InvalidUser : The only difference is that this time there is 50 million stuck in an exchange. [2017-04-21 06:36:33] InvalidUser : That needs to come out [2017-04-21 06:36:57] InvalidUser : There is about 100 mil left in Finex's accounts [2017-04-21 06:37:17] mark121 : until feb 17' of this year, BTC never once deviated from its fractal iterations [2017-04-21 06:37:26] KyllingLolsson : Its like saying, that your regular fiat bank wont let you withraw your money. And it's nothing to worry about. [2017-04-21 06:37:41] KyllingLolsson : damn i would go crazy if they did that [2017-04-21 06:38:01] InvalidUser : Plus we have seen this before [2017-04-21 06:38:08] InvalidUser : Everything is the same [2017-04-21 06:38:17] InvalidUser : The price the stories [2017-04-21 06:38:18] mark121 : they can withdraw every other currency ? [2017-04-21 06:38:41] InvalidUser : mark121: Nothing buy crypto is coming out of Finex. [2017-04-21 06:38:46] InvalidUser : *But [2017-04-21 06:39:09] mark121 : cool well as long as they can do that and there are many other exchanges [2017-04-21 06:39:49] InvalidUser : It looks like most of the exchanges will suffer the same fate [2017-04-21 06:40:02] InvalidUser : Stamp is pretty much the only one processing USD [2017-04-21 06:40:03] mark121 : lol [2017-04-21 06:40:28] mark121 : not rly [2017-04-21 06:40:37] KyllingLolsson : coinbase process EUR [2017-04-21 06:40:45] InvalidUser : They are not doing USD? [2017-04-21 06:40:55] KyllingLolsson : not that i know [2017-04-21 06:41:02] mark121 : they do.. [2017-04-21 06:41:05] mark121 : they are US based [2017-04-21 06:41:09] KyllingLolsson : na? [2017-04-21 06:41:11] InvalidUser : and that is just recent.? [2017-04-21 06:41:12] KyllingLolsson : holland? [2017-04-21 06:41:20] mark121 : huh [2017-04-21 06:41:38] InvalidUser : there bank is in Sylvania [2017-04-21 06:41:40] KyllingLolsson : no nerherlands [2017-04-21 06:41:55] mark121 : . We're based in San Francisco, California. [2017-04-21 06:42:11] InvalidUser : Most everyone else other then Kraken was using Taiwanese banks [2017-04-21 06:42:41] mark121 : this iss why most traders limit their media exposure, reading wise [2017-04-21 06:43:25] InvalidUser : lol [2017-04-21 06:43:30] KyllingLolsson : hmm tought that was netherlands [2017-04-21 06:43:41] rapidtrades : thats BS only finex used taiwan banks [2017-04-21 06:43:42] mark121 : u end up gettin tunnel vision [2017-04-21 06:43:51] mark121 : and dont think that isnt on purpose [2017-04-21 06:44:02] InvalidUser : I think what will happen is that the exchanges will start using Japaneses banks. They are very pro BTC [2017-04-21 06:44:12] InvalidUser : This will take a few weeks to set up [2017-04-21 06:44:19] mark121 : lol rapidtrades didnt think japan was down for BTC at all [2017-04-21 06:44:23] rapidtrades : stop talking bullshit [2017-04-21 06:44:29] rapidtrades : jap banks are not pro-BTC [2017-04-21 06:44:40] mark121 : dude since u told me that [2017-04-21 06:44:55] mark121 : by pure random ive seen two articles (u told me yesterday) [2017-04-21 06:44:57] rapidtrades : they wont even open accounts for foreigners over there u just talk BS [2017-04-21 06:45:12] InvalidUser : rapidtrades: http://img.myconfinedspace.com/wp-content/uploads/2008/04/google7zz.jpg [2017-04-21 06:45:23] mark121 : lol! [2017-04-21 06:45:25] rapidtrades : most western cards don't even ork in japan [2017-04-21 06:45:26] InvalidUser : My transfers go through Japan\ [2017-04-21 06:45:27] mark121 : exactly what i told him yetserday [2017-04-21 06:46:04] InvalidUser : You will see [2017-04-21 06:46:19] InvalidUser : THe US banks hate BTC so do not get your hopes up that is going to happen [2017-04-21 06:46:34] mark121 : http://howardlindzon.com/wp-content/uploads/2017/04/Bitcoin-2010.jpg [2017-04-21 06:46:45] InvalidUser : The US is not a market leader anymore they suppress markets to stay on top [2017-04-21 06:47:05] mark121 : 37 cent bitcoin bagholders! [2017-04-21 06:47:29] InvalidUser : Lol took me a sec [2017-04-21 06:47:36] mark121 : lol [2017-04-21 06:47:44] InvalidUser : I thought they were talking MXBT at first then I saw the date [2017-04-21 06:48:23] mark121 : haha, gosh i wish i put 100k in at .37 cent bitcoin [2017-04-21 06:49:11] InvalidUser : even a gnote at that price [2017-04-21 06:49:43] InvalidUser : In 4 years you will be saying the same thing about 1350 [2017-04-21 06:49:54] InvalidUser : AND rapid will still be short [2017-04-21 06:50:05] rapidtrades : yeah tha's what ppl said 3.5 years ago [2017-04-21 06:50:28] InvalidUser : You have made bank back then [2017-04-21 06:50:28] rapidtrades : and we're only up by $90 (most of it by pulling from liiquid exchange) [2017-04-21 06:50:45] InvalidUser : what ever works [2017-04-21 06:50:47] rapidtrades : InvalidUser: ur an idiot [2017-04-21 06:51:05] InvalidUser : TY,, coming from you makes that hurt so much more [2017-04-21 06:52:57] rapidtrades : /price [2017-04-21 06:52:58] trollbot : ``` Bitstamp : 1241.00 (-0.31%) Bitfinex : 1318.50 (-0.33%) The Woodchipper : 1272.79 (-0.31%) itBit : 1245.50 (-0.12%) Kraken : 1242.91 (-0.11%) GDAX : 1248.78 (0.17%) SLQ : 1 hour, 9 mins``` [2017-04-21 06:53:03] rugu : /rekt [2017-04-21 06:53:03] trollbot : ``` 3 recent REKTs > 100K: ``` ``` 14 hours, 36 mins ago: Liquidated short on `XBTUSD`: buy 192000 @ 1233.0 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 1 day, 8 hours, 52 mins ago: Liquidated long on `XBTUSD`: sell 160002 @ 1208.5 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 1 day, 8 hours, 52 mins ago: Liquidated long on `XBTM17`: sell 153767 @ 1186.7 **EPIC REKT** :unamused: :confounded: :astonished: ``` [2017-04-21 06:53:53] mark121 : tell us about ltc rapidbarfs [2017-04-21 06:55:48] mark121 : im mining mad AEON [2017-04-21 06:56:03] mark121 : heard its gona be the next Inf8 [2017-04-21 06:56:15] InvalidUser : What algo do they use? [2017-04-21 06:56:47] mark121 : inf8 part was sarcastic [2017-04-21 06:56:52] mark121 : InvalidUser: good question [2017-04-21 06:57:00] mark121 : i dont know much about the tech side [2017-04-21 06:57:22] mark121 : im using minergate lol [2017-04-21 06:58:55] mark121 : are u experienced in that area? [2017-04-21 06:59:46] mark121 : i wanted to make my old pc into a dedicated mining machine (more for fun then profit) -- i imagine it wud be best to install some basic o/s [2017-04-21 07:00:07] mark121 : any suggestions? [2017-04-21 07:00:57] mark121 : its a 6 core i7 5th gen extreme edition [2017-04-21 07:01:07] InvalidUser : I have been using Nicehash to mine Eth and zcash this winter. [2017-04-21 07:01:12] InvalidUser : Just use win7 [2017-04-21 07:01:38] mark121 : is it profitable? [2017-04-21 07:02:43] rugu : InvalidUser: on which gpu, or are you buying hash power? [2017-04-21 07:02:52] mark121 : minergate is buggy with gpu mining [2017-04-21 07:03:06] InvalidUser : Only cause I have cheep power where I am and the heat it puts out off sets the price a bit [2017-04-21 07:03:23] InvalidUser : rugu: I have twin 390x\s [2017-04-21 07:03:31] rugu : asic? [2017-04-21 07:03:42] InvalidUser : AMD GPU's [2017-04-21 07:03:55] rugu : is that enough to actually mine? [2017-04-21 07:04:32] InvalidUser : It is profitable only because my power is so cheep and it provides a bit of heat [2017-04-21 07:04:55] InvalidUser : If your power is over 08 cents a kw its not worth it [2017-04-21 07:05:17] miccheck12 : iceland? @InvalidUser [2017-04-21 07:05:36] InvalidUser : It's included in my rent [2017-04-21 07:05:38] rapidtrades : InvalidUser: scrypt mining? [2017-04-21 07:05:48] mark121 : least AMD gpu's are good for something [2017-04-21 07:06:26] InvalidUser : lol [2017-04-21 07:07:24] InvalidUser : I am not too sure about this but I think there are a few algos that work good for Nvidia now [2017-04-21 07:07:54] InvalidUser : I switched to AMD a few years ago because they could hash at 2x the rate [2017-04-21 07:07:55] mark121 : some cryptos dont use gpu mining? or is that minergate [2017-04-21 07:08:23] InvalidUser : most now a days are script of some kind [2017-04-21 07:08:29] InvalidUser : GPU [2017-04-21 07:08:55] InvalidUser : any of them that are SHA-256 have ASICS [2017-04-21 07:08:58] mark121 : whats script mining vs? [2017-04-21 07:09:33] rugu : scrypt mining is more cpu intensive and asic are harder to make for it [2017-04-21 07:09:41] InvalidUser : and uses more me [2017-04-21 07:09:41] InvalidUser : meme [2017-04-21 07:09:46] InvalidUser : mem FFS [2017-04-21 07:09:59] rapidtrades : IT USES MORE MEMES! [2017-04-21 07:10:05] InvalidUser : lol [2017-04-21 07:10:23] InvalidUser : That will power Pepe cash the latest shit coin [2017-04-21 07:10:43] InvalidUser : Sry Shill coin [2017-04-21 07:12:13] mark121 : is it dipsy vipsy time [2017-04-21 07:12:19] InvalidUser : Pepe cash on Bit Mex @ 500x [2017-04-21 07:12:31] mark121 : is that a real thing [2017-04-21 07:12:37] mark121 : pepe cash [2017-04-21 07:13:12] mark121 : is it mexican ? :p [2017-04-21 07:13:14] InvalidUser : Thank god Stamps Vol is picking up, that was looking grim [2017-04-21 07:13:28] InvalidUser : mark121: Unfortunately Yes [2017-04-21 07:13:42] omicron : btc chart is weird axis shows 1244, when cursor is moved over bar, it shows 1246 [2017-04-21 07:13:46] InvalidUser : A lot of people are going to get burned on it too [2017-04-21 07:13:57] InvalidUser : omicron: Refresh [2017-04-21 07:19:55] mark121 : alts are ready to burn on a btc rally [2017-04-21 07:20:35] InvalidUser : Yup prepare for the Alt dump and a ton of shorts to close at Finex and go long. [2017-04-21 07:21:35] InvalidUser : Every time the price goes down at Finex an whale takes advantage of the low price to get out [2017-04-21 07:24:20] rugu : InvalidUser: you mean he closes a short? [2017-04-21 07:25:05] mark121 : wudnt be a whale for long if he waited to close longs during dips [2017-04-21 07:25:16] mark121 : :p [2017-04-21 07:25:58] rugu : well when a massive short is closed, prices can do a small bounce [2017-04-21 07:28:29] mark121 : rally [2017-04-21 07:31:40] thomaskikansha : finex whale getting out of his fiat balance?