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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[2024-02-04 18:59:24] BTCcheers : to him
[2024-02-04 18:59:31] fcarvas : All the perma bulls about to get liquidated
[2024-02-04 19:07:52] RonnieREKT : 🔥 Liquidated long on `XBTUSDT`: Sell 0.2500 XBT @ 42694 ($10,669.66)
[2024-02-04 19:08:02] RonnieREKT : 🔥 Liquidated long on `XBTG24`: Sell 400 USD @ 42688 - 😂
[2024-02-04 19:08:35] Atlemos : Stop selling!! hodlbags draining!
[2024-02-04 19:10:27] fcarvas : Get ready for massive liquidation
[2024-02-04 19:10:47] RonnieREKT : 🔥 Liquidated long on `XBTUSDT`: Sell 0.0380 XBT @ 42600 ($1,618.38)
[2024-02-04 19:11:01] laPanini : this time it is different.
[2024-02-04 19:11:07] RonnieREKT : 🔥 Liquidated long on `SOLUSD`: Sell 1500 Cont @ 96.17 ($6,140.82) - Exodia OBLITERATE!
[2024-02-04 19:12:15] Kruithofb : Omg did not fill my link short
[2024-02-04 19:13:18] doublecheese : Of course still positive funding. I opened this low lev long to collect funding in case it dumps and they keep funding against long. Fml
[2024-02-04 19:15:17] fiyah : Funding now is never as good as it used to be
[2024-02-04 19:15:53] doublecheese : fiyah: no point in positive funding during drops. WTF why
[2024-02-04 19:15:57] bnqxbt : when funding is green, we go up
[2024-02-04 19:16:15] doublecheese : bnqxbt: funding green, we going down.
[2024-02-04 19:16:28] bnqxbt : more shorters
[2024-02-04 19:16:40] bnqxbt : they get rekt next
[2024-02-04 19:17:23] bnqxbt : doublecheese: gl with that
[2024-02-04 19:18:04] Kruithofb : Were going down like a tortoise
[2024-02-04 19:18:18] Kruithofb : Slow af
[2024-02-04 19:18:19] fiyah : Dropping like a feather
[2024-02-04 19:18:26] doublecheese : It's the other way around. More shorters, negative or red funding. So it seems there are still more longers. Shorters will be all rekt in the end, given enough time
[2024-02-04 19:18:31] laPanini : slow bleed before goblin town
[2024-02-04 19:18:49] Kruithofb : Climbing again
[2024-02-04 19:19:12] doublecheese : bnqxbt: thanks. Liq price is 24k but I am ready to add more margin in case needed
[2024-02-04 19:19:19] Kruithofb : Hope 42800 is now in control of the bears
[2024-02-04 19:20:18] doublecheese : I am actually happy if it corrects a bit so I can increase my long on the way back up.
[2024-02-04 19:25:33] SteveS. : Btc will retrace over 20K to 30K...will take time but it will happen
[2024-02-04 19:26:24] Joeyy132 : MrBritcoin: happy for ya lad …….
[2024-02-04 19:26:52] Joeyy132 : Let’s get 41.8 one last time pretty plz
[2024-02-04 19:27:20] laPanini : this is one of those times where it just wont bounce.
[2024-02-04 19:27:50] bnqxbt : Kruithofb: 42600 is the lvl
[2024-02-04 19:27:52] Joeyy132 : doublecheese: lol you don’t even know how finding works? Seriously? That’s like basic basic
[2024-02-04 19:27:57] Joeyy132 : Funding
[2024-02-04 19:28:03] bnqxbt : for both to defend
[2024-02-04 19:28:16] bnqxbt : it's loading up bags here
[2024-02-04 19:28:39] bnqxbt : and if there are shorters here and above you are rekt
[2024-02-04 19:29:08] doublecheese : Joeyy132: I know. It depends on the ratio of longs vs shorts. Still does not understand how we are dumping with positive funding on practically all exchanges.
[2024-02-04 19:29:25] Joeyy132 : doublecheese: funding is negative here
[2024-02-04 19:29:44] Joeyy132 : Meaning longs are getting paid
[2024-02-04 19:29:51] fiyah : Nothing to do with the ratio, it is to do with the price vs the index over the 8 hours
[2024-02-04 19:29:52] bnqxbt : doublecheese: we are not dumping? where do you see a dump?
[2024-02-04 19:29:59] Joeyy132 : Usually a sign too many people shorted and we will pump
[2024-02-04 19:30:16] Joeyy132 : fiyah: yeah
[2024-02-04 19:30:24] fiyah : For every short there is a long on the other side
[2024-02-04 19:30:34] Joeyy132 : fiyah: not true
[2024-02-04 19:30:45] doublecheese : Joeyy132: ...no? You must be trolling. Funding is positive and currently pays shorts.
[2024-02-04 19:30:58] Bot42 : doublecheese: its neg
[2024-02-04 19:31:05] laPanini : funding is -0.0123%
[2024-02-04 19:31:05] bnqxbt : it's green and pays longs
[2024-02-04 19:31:06] Joeyy132 : doublecheese: it’s negative lol
[2024-02-04 19:31:36] Joeyy132 : doublecheese: ur the troll
[2024-02-04 19:32:23] doublecheese : I see 0.0100% as next funding on xbtusd pair. I am not trolling.
[2024-02-04 19:32:52] Joeyy132 : -0.0123 % in 27 minutes
[2024-02-04 19:33:12] Bot42 : Joeyy132: yea means too many shorts probably
[2024-02-04 19:33:17] Joeyy132 : Bot42: yup
[2024-02-04 19:33:25] bnqxbt : peak volume is at 43670
[2024-02-04 19:33:34] Bot42 : Joeyy132: squeeze?
[2024-02-04 19:33:36] bnqxbt : 42670
[2024-02-04 19:33:39] bnqxbt : *
[2024-02-04 19:33:50] Dessos : >https://www.youtube.com/watch?v=IiQgwloKZt8 https://www.tradingview.com/x/dDNvORTZ/
[2024-02-04 19:33:59] doublecheese : Joeyy132: but current one is 0.01
[2024-02-04 19:34:12] Joeyy132 : fiyah: the total amount shorted vs longed equals out , but the number of shorts vs number of longs does not have to be equal
[2024-02-04 19:34:15] laPanini : doublecheese: no it is not.
[2024-02-04 19:34:24] Joeyy132 : doublecheese: no it’s not
[2024-02-04 19:34:39] Joeyy132 : Bot42: yes this week gets squeezed
[2024-02-04 19:34:47] Joeyy132 : Shorts gone rejt
[2024-02-04 19:35:04] doublecheese : Lol I was looking at xbtusdt pair
[2024-02-04 19:35:30] thesecretsimplykj : doublecheese: second time haha
[2024-02-04 19:35:34] doublecheese : Which has positive funding which is insane imho. That's why I switched to USD pair
[2024-02-04 19:35:35] Joeyy132 : The next funding is .0081 currently but by the time it hits I guarantee it will be negative also lol
[2024-02-04 19:36:21] Joeyy132 : doublecheese: people like to trade with btc here
[2024-02-04 19:36:32] Joeyy132 : the ogs know usdt value =0
[2024-02-04 19:36:40] Joeyy132 : very risky to hold usdt
[2024-02-04 19:36:42] Joeyy132 : very
[2024-02-04 19:37:13] Joeyy132 : Once the truth about tether goes viral, the market will turn insnae
[2024-02-04 19:37:15] thesecretsimplykj : actual one is on bitmex because it is possible to collateral in btc on the perps
[2024-02-04 19:37:18] thesecretsimplykj : thats the whole
[2024-02-04 19:37:21] thesecretsimplykj : point
[2024-02-04 19:37:43] Joeyy132 : thesecretsimplykj: yep
[2024-02-04 19:37:43] NOOM : :me:
[2024-02-04 19:37:45] thesecretsimplykj : if you actually know what you are trading :arthur:
[2024-02-04 19:37:59] doublecheese : Right. USDC is way better as a stablecoin but few people use it
[2024-02-04 19:38:32] doublecheese : I hold 0 stablecoins anyways but I will need to pick one for ne
[2024-02-04 19:38:33] Joeyy132 : doublecheese: there is no good stable coin really . But tether is the ultimate scam. Worse than the fed
[2024-02-04 19:38:39] Joeyy132 : bitfinex
[2024-02-04 19:38:40] doublecheese : Next bearmarket
[2024-02-04 19:38:57] doublecheese : Joeyy132: USDC is audited.
[2024-02-04 19:39:03] Joeyy132 : doublecheese: just cash out completely to fiat
[2024-02-04 19:39:13] Joeyy132 : doublecheese: lol tether is also audited
[2024-02-04 19:39:16] Joeyy132 : by thenselves
[2024-02-04 19:39:36] Joeyy132 : Audits mean fuck all in this wild west
[2024-02-04 19:39:58] Joeyy132 : Go do research on the tether audit
[2024-02-04 19:40:03] Joeyy132 : its actually laughable
[2024-02-04 19:40:06] Joeyy132 : totally criminal
[2024-02-04 19:40:07] doublecheese : Joeyy132: not gonna remain a wild west after ETF. Thing's gonna change
[2024-02-04 19:40:15] Joeyy132 : doublecheese: nothing will change
[2024-02-04 19:40:19] Joeyy132 : nothing has
[2024-02-04 19:40:21] doublecheese : And yes I think usdt will eventually go bust
[2024-02-04 19:40:22] laPanini : were already "after etf" lol.
[2024-02-04 19:40:31] Joeyy132 : laPanini: exactly
[2024-02-04 19:40:49] doublecheese : laPanini: not gonna happen in a month lol
[2024-02-04 19:40:53] Joeyy132 : Everyone here should research the tether audit
[2024-02-04 19:40:56] Joeyy132 : seriously
[2024-02-04 19:41:01] Joeyy132 : do a deep dive
[2024-02-04 19:41:04] doublecheese : Give it time
[2024-02-04 19:41:08] Bot42 : Joeyy132: tether scams have been going on forever lol
[2024-02-04 19:41:13] Joeyy132 : find the truth
[2024-02-04 19:41:15] laPanini : doublecheese: lol
[2024-02-04 19:41:23] Joeyy132 : Bot42: bro it’s 0% backed
[2024-02-04 19:41:28] Joeyy132 : 0 ffs
[2024-02-04 19:41:32] Bot42 : Joeyy132: lmao
[2024-02-04 19:41:33] Bot42 : ZEERO
[2024-02-04 19:41:47] Bot42 : Joeyy132: not surprising
[2024-02-04 19:41:52] Bot42 : Joeyy132: but also not true
[2024-02-04 19:41:52] Joeyy132 : It’s all fake money used to manipulate bitcoins price
[2024-02-04 19:42:02] Joeyy132 : and bitfinex ARE tether
[2024-02-04 19:42:17] Joeyy132 : Bot42: it’s true bro
[2024-02-04 19:42:17] laPanini : push up price using tether, sell for real usd at the top, repeat.
[2024-02-04 19:42:19] Joeyy132 : go research
[2024-02-04 19:42:26] Joeyy132 : laPanini: yup
[2024-02-04 19:42:32] Bot42 : laPanini: si senor
[2024-02-04 19:42:36] doublecheese : And yet theter is de facto standard stablecoin in virtually all exchanges. If it does go bust it's gonna be hard for crypto.
[2024-02-04 19:42:58] Joeyy132 : doublecheese : hard to go bust when they just print more
[2024-02-04 19:43:02] Bot42 : tether printer go brr
[2024-02-04 19:43:15] Joeyy132 : it will only go bust when people realise the scam and lose faith in its worth
[2024-02-04 19:43:21] bnqxbt : Bot42: only matching the dollar
[2024-02-04 19:43:22] Joeyy132 : byt that takes ages CLEARLY
[2024-02-04 19:43:31] laPanini : and randomly a few new billion tether is printed.
[2024-02-04 19:43:35] bnqxbt : and dollar is bs
[2024-02-04 19:43:36] Bot42 : Joeyy132: it goes in cycles, someone alsways tries to fud with tether
[2024-02-04 19:43:40] Bot42 : nothing changes
[2024-02-04 19:43:51] Bot42 : been goin for years
[2024-02-04 19:43:53] Joeyy132 : Bot42: one day the truth will go viral. That’s all it takes
[2024-02-04 19:44:03] Joeyy132 : they stop it going viral because it will be mahem
[2024-02-04 19:44:13] laPanini : more fud pls, preferably fud that works, so we get better prices.
[2024-02-04 19:44:13] Bot42 : lool
[2024-02-04 19:44:21] Bot42 : you short right now? @Joeyy132
[2024-02-04 19:44:29] Joeyy132 : Bot42: no I will long very soon
[2024-02-04 19:44:37] Joeyy132 : Deffo don’t short here
[2024-02-04 19:44:43] Joeyy132 : tether will rekt your shorts
[2024-02-04 19:44:44] bnqxbt : if you are short right now, you don't even deserve a rip
[2024-02-04 19:45:07] Joeyy132 : Bot42: deffo don’t short here bro seriously
[2024-02-04 19:45:25] Bot42 : 😂
[2024-02-04 19:45:33] Joeyy132 : Lowest we go is 41.8 and that’s if we are lucky enough to load longs there
[2024-02-04 19:45:40] doublecheese : I dunno. Daily and 3d seem bearish. Weekly is def bullish.
[2024-02-04 19:46:17] Joeyy132 : We going 44.2 within next 3 days that’s guaranteed and after that I’ll revaluate
[2024-02-04 19:46:20] doublecheese : I'm long anyway cuz I don't wanna feel fomo in case it pumps lol.
[2024-02-04 19:46:34] bnqxbt : not a single short could run perp, only longs can
[2024-02-04 19:46:44] bnqxbt : tells you how btc works, only up
[2024-02-04 19:46:55] Joeyy132 : bnqxbt: what do u mean run perp?
[2024-02-04 19:47:10] laPanini : only up sirs, except when it goes down.
[2024-02-04 19:47:15] bnqxbt : only longs too close to the sun gets liq, but eventually longs survive, 0 shorts survive
[2024-02-04 19:47:44] bnqxbt : so if you short, you are on the wrong side of the road, or driving backwards
[2024-02-04 19:47:50] Joeyy132 : Yeah well I do believe the shorts that opened on the day of etf approval will survive
[2024-02-04 19:47:54] bnqxbt : eventually always rekt
[2024-02-04 19:47:57] Joeyy132 : but they are up at 48k entry
[2024-02-04 19:47:59] doublecheese : bnqxbt: /position xbtusd close to the sun and not a bit worried. Will add more instead.
[2024-02-04 19:48:10] doublecheese : /position xbtusd ``` :bitmex: XBTUSD: 1,500 USD @ 43526 ```
[2024-02-04 19:48:30] bnqxbt : doublecheese: why not just spot, or use a 3x
[2024-02-04 19:49:21] doublecheese : bnqxbt: because I want to build a 5-10x long gradually for the bullrun. I am too poor to make a decent amount holding spot.
[2024-02-04 19:49:40] doublecheese : Currently 1.18x lol
[2024-02-04 19:49:53] tmk : bnqxbt: You sir, have become a Lord of the Trollbox 🏅
[2024-02-04 19:49:53] Joeyy132 : doublecheese: the bullrun was the whole year of 2023 lol
[2024-02-04 19:50:00] bnqxbt : remember the range is 31k bottom and 70k is the top, and if we go up 70k wont hold, and if we drop, don't get liq
[2024-02-04 19:50:35] doublecheese : Joeyy132: I didn't catch the 2023 bottom but that's def not a bullrun
[2024-02-04 19:50:36] bnqxbt : btc just printed a new bottom
[2024-02-04 19:50:41] Joeyy132 : doublecheese: we just bullran for 1 year straight up. Build a short instead of long high lev to 44.2
[2024-02-04 19:50:47] Joeyy132 : *or
[2024-02-04 19:50:50] doublecheese : Which Will happen in 2024-early 2025
[2024-02-04 19:50:55] blaster33 : doublecheese: this is possible but very risky man. Even on a bullrun, you can easily have -10% drop, we even get 20-30% drop on bullruns lol
[2024-02-04 19:51:10] Joeyy132 : doublecheese: it’s a bullrun mate , just not a bullmarket you mean
[2024-02-04 19:51:13] blaster33 : so ye good luck though :)
[2024-02-04 19:51:23] Joeyy132 : How is 15k to 48k not a bullrun
[2024-02-04 19:51:25] laPanini : organic growth is what its all about
[2024-02-04 19:51:33] doublecheese : Joeyy132: yeah I mean bull market
[2024-02-04 19:51:56] Joeyy132 : doublecheese: agreed it’s not a bullmarket because we are still in a bearmarket
[2024-02-04 19:52:01] Joeyy132 : most cannot fathom this
[2024-02-04 19:52:05] bnqxbt : btc always overperforms up, and then comes back to the linear growth
[2024-02-04 19:52:13] Joeyy132 : bearmarket ends this year after 11k
[2024-02-04 19:52:33] bnqxbt : we are now moving back up to the next ath, 69k was just a blip on the road up there, the real ath is next
[2024-02-04 19:52:43] Joeyy132 : bnqxbt: after 11k
[2024-02-04 19:52:56] doublecheese : blaster33: 20-30% from the local top, which I don't plan to buy. Besides, on a 5% long I can absorb a 20% dump without being liquidated.
[2024-02-04 19:53:01] Joeyy132 : I doubt we get a new ath tbh
[2024-02-04 19:53:17] doublecheese : Risky but only way for a poor like me to make something with btc
[2024-02-04 19:53:20] Joeyy132 : I think it’s never going above 69 k and if it does it will only get one more high then die
[2024-02-04 19:53:26] doublecheese : Holding spot only alts
[2024-02-04 19:53:38] Joeyy132 : The hype is over
[2024-02-04 19:53:51] Joeyy132 : bitcoin is just one big scam that a lot of people made money from which is great
[2024-02-04 19:53:55] Joeyy132 : it won’t continue lol
[2024-02-04 19:53:56] bnqxbt : 10x was down at 24k, now if you enter I would start with 2x
[2024-02-04 19:54:32] bnqxbt : I mean just to be in when it goes, if it rips just suddenly, or load up DCA long if it drops
[2024-02-04 19:54:41] doublecheese : bnqxbt: I am long 1.18x, waiting patiently to increase it to 5x in the course of next 5 months
[2024-02-04 19:54:53] bnqxbt : doublecheese: sounds good
[2024-02-04 19:54:54] Joeyy132 : bnqxbt: smart
[2024-02-04 19:54:58] bnqxbt : don't add too soon
[2024-02-04 19:55:04] bnqxbt : wait for at least 5%
[2024-02-04 19:55:09] bnqxbt : before even considering
[2024-02-04 19:55:18] bnqxbt : -5%
[2024-02-04 19:55:21] Joeyy132 : doublecheese: add at 36k not before
[2024-02-04 19:55:36] Joeyy132 : 36 is guaranteed probably 32
[2024-02-04 19:55:52] Joeyy132 : Then we bounce then die again to 11k
[2024-02-04 19:55:57] laPanini : dont forget to add at cme gap at 9.6k.
[2024-02-04 19:56:00] doublecheese : Yeah not gonna FOMO this time. Got burned last bull market.
[2024-02-04 19:56:05] Joeyy132 : Yes
[2024-02-04 19:56:08] bnqxbt : if there is a big scheme to dump this because of the inc insane pump, it could get ugly, or it's just paranoia
[2024-02-04 19:56:29] Joeyy132 : laPanini: Michael saylor entry there
[2024-02-04 19:56:42] bnqxbt : conspiracy stupidity, that the big overlord is there trying to get you
[2024-02-04 19:56:46] laPanini : Joeyy132: jupp, his personal entry.
[2024-02-04 19:56:55] Joeyy132 : laPanini: Exactly !
[2024-02-04 19:57:03] Joeyy132 : well done you sir
[2024-02-04 19:57:13] bnqxbt : laPanini: I would like to see the math for that
[2024-02-04 19:57:35] doublecheese : imho sub 20k only in case of black swan or Ponzi collapsing
[2024-02-04 19:57:39] bnqxbt : I doubt it's even possible for btc to drop to 20k
[2024-02-04 19:57:50] bnqxbt : the sheer inflow
[2024-02-04 19:57:51] Joeyy132 : Lol cmon
[2024-02-04 19:57:55] doublecheese : Which is unlikely now that big players are entering the market lol.
[2024-02-04 19:57:55] Joeyy132 : be serious
[2024-02-04 19:57:57] bnqxbt : is already more than the selling
[2024-02-04 19:58:07] Joeyy132 : inflow stops one whale sells and we are below 20k
[2024-02-04 19:58:37] Joeyy132 : Or the cia just market dump their cash cow
[2024-02-04 19:58:42] laPanini : orderbooks are so thin it could be paper. we only move up because of fear of selling.
[2024-02-04 19:58:43] bnqxbt : if you want sub 40k price, it only means you missed the train and hope for a mircale that happens every millionth year
[2024-02-04 19:58:50] Bot42 : it can go lower than that dont be silly, it just wont for a while, need to test higher prices again
[2024-02-04 19:58:55] Joeyy132 : Feather thin
[2024-02-04 19:59:17] bnqxbt : Bot42: already marking 40k as bottom, now the indicators turn bullish
[2024-02-04 19:59:31] bnqxbt : with what nuke are you trying to move the price down,
[2024-02-04 19:59:35] doublecheese : bnqxbt: sub 40k possible imho. Sub 30k? Doubt it. If it does, I'll Just add more margin
[2024-02-04 19:59:36] laPanini : fat finger joe can bring this to 10k in an instant lol.
[2024-02-04 19:59:42] Bot42 : laPanini: lol
[2024-02-04 19:59:46] Bot42 : 🦍🧠
[2024-02-04 19:59:54] bnqxbt : laPanini: no it gets exponentially harder
[2024-02-04 20:00:02] laPanini : bnqxbt: ehh, no.
[2024-02-04 20:00:07] Joeyy132 : bnqxbt: no it does not
[2024-02-04 20:00:10] bnqxbt : and it happens now and then that someone fat fingers, but the pa comes back up in 20seconds
[2024-02-04 20:00:13] Joeyy132 : can reach 10k tomorrow if they want it
[2024-02-04 20:00:32] Joeyy132 : If it’s what they want I’ll let you guys know
[2024-02-04 20:00:39] Bot42 : Joeyy132: the risk now is other big players buying back before they do
[2024-02-04 20:00:39] Joeyy132 : Right now they want higher
[2024-02-04 20:00:47] bnqxbt : laPanini: the money below is exponentially bigger than the btc value you sell,
[2024-02-04 20:00:53] laPanini : bnqxbt: ehh, no sir.
[2024-02-04 20:01:02] bnqxbt : it is
[2024-02-04 20:01:06] laPanini : no it is not
[2024-02-04 20:01:11] Joeyy132 : bnqxbt: lol no
[2024-02-04 20:01:16] bnqxbt : you can put a 2k on 10x at 20k and get 1btc
[2024-02-04 20:01:38] bnqxbt : while someone loses the selling power of a 40k btc at 20k by 50%
[2024-02-04 20:01:40] laPanini : the math there is impressive
[2024-02-04 20:01:44] laPanini : but no.
[2024-02-04 20:01:54] Joeyy132 : All they have to do is pull the fake buy orders from the book and dump it
[2024-02-04 20:01:57] Joeyy132 : cmon
[2024-02-04 20:02:02] Joeyy132 : same on the way up
[2024-02-04 20:02:06] bnqxbt : so one goes up in purchasing power, the other down, at the same time
[2024-02-04 20:02:17] Joeyy132 : Remove all the fake sells and magically we pump 15k on 0.001 buy orders
[2024-02-04 20:02:25] bnqxbt : why the btc someone sells gets eaten faster and faster the more the person who sells makes the price move down
[2024-02-04 20:02:38] Joeyy132 : bnqxbt: bro cmon
[2024-02-04 20:02:41] laPanini : this thing currently moves on the lowest volume, order books are paper thin.
[2024-02-04 20:02:41] bnqxbt : this should be simple for even a 15yo
[2024-02-04 20:03:08] bnqxbt : laPanini: I have seen 10k drops on orderbooks, that doesn't mean anything, except a HUGE loss for the accidental seller
[2024-02-04 20:03:26] laPanini : bnqxbt: well i cannot help that that seller bought the top sir.
[2024-02-04 20:03:50] bnqxbt : what?
[2024-02-04 20:03:51] laPanini : thats that specific sellers problem, not mine.
[2024-02-04 20:04:04] laPanini : selling to a loss usually means you bought higher.
[2024-02-04 20:04:05] bnqxbt : a fat finger does ZERO to btc
[2024-02-04 20:04:35] laPanini : lower price - higher price = loss
[2024-02-04 20:04:47] Bot42 : 🦍🧠
[2024-02-04 20:05:03] bnqxbt : unless you nuke all exchanges at the same time, and then hope for a server crash and then some maintanance and then a huge error on stoplimits and a myriad of other errors at the same time, it still wouldn't hold for longer than 15min, and the bots of arbitrage would even the plauing field again
[2024-02-04 20:05:37] laPanini : Arbitrage sir, thats how price moves almost at the same time everywhere.
[2024-02-04 20:05:54] doublecheese : The only thing that worries me about Bitcoin is the fact it's kinda useless. I mean cmon, 7 tps?
[2024-02-04 20:06:16] bnqxbt : laPanini: opening a short to push the price down, or selling you stacks of btc at spot to make price dip, is always a loss, arbitrage bots eat that shet up in seconds
[2024-02-04 20:06:35] doublecheese : All you can do with bitcoin is buying and selling it. No actual real value honestly.
[2024-02-04 20:06:37] laPanini : lol
[2024-02-04 20:06:47] bnqxbt : doublecheese: neither does gold
[2024-02-04 20:07:01] bnqxbt : btc has more value than gold, as you can't trust gold
[2024-02-04 20:07:02] laPanini : the level of this discussion is amazing.
[2024-02-04 20:07:06] LickMyBulls : doublecheese: money laundering and funding terrorism. Important to those kinda folks
[2024-02-04 20:07:21] bnqxbt : LickMyBulls: yes go back to the heavenly clean dollar
[2024-02-04 20:07:30] LickMyBulls : InShallah
[2024-02-04 20:07:37] BlTFlex : bnqxbt: how can you trust bitcoin more than gold ?
[2024-02-04 20:07:38] bnqxbt : LickMyBulls: rekt brain
[2024-02-04 20:07:39] doublecheese : bnqxbt: wrong. Gold is used in many industries so it has actual utility.
[2024-02-04 20:07:48] bnqxbt : yes but not price
[2024-02-04 20:07:55] BlTFlex : i'm a btc fan but i trust gold more over crypto evcen if it's not as lucrative
[2024-02-04 20:07:56] LickMyBulls : bnqxbt: ill go back to your mums heavenly dollar
[2024-02-04 20:07:58] bnqxbt : gold price is fabricated
[2024-02-04 20:08:01] laPanini : One global EMP and Bitcoin is history, gold still stands.
[2024-02-04 20:08:22] bnqxbt : laPanini: wow, and all the money that people have are gone, people don't have cash
[2024-02-04 20:08:36] thesecretsimplykj : unti we have btc on moon and mars there wont be a global emp discovered xd
[2024-02-04 20:08:38] laPanini : indeed, they better buy gold.
[2024-02-04 20:08:38] bnqxbt : laPanini: and who buys gold
[2024-02-04 20:08:45] laPanini : I buy gold.
[2024-02-04 20:08:48] bnqxbt : when there is no money, and nobody wants gold
[2024-02-04 20:08:50] laPanini : I hold gold.
[2024-02-04 20:09:00] bnqxbt : well that is your loss
[2024-02-04 20:09:04] BlTFlex : i buy gold if i want to be safe and bitcoin for vaolatility
[2024-02-04 20:09:05] doublecheese : And Gold is really scarce. Everyone can make a copy of bitcoin but you can't copy gold
[2024-02-04 20:09:11] LickMyBulls : If everyone turned off there cumputtas bitcorn wud dyee
[2024-02-04 20:09:13] Bot42 : laPanini: i used to work in a bank and many people fill safety deposit boxes with gold bars
[2024-02-04 20:09:19] bnqxbt : doublecheese: what?
[2024-02-04 20:09:24] bnqxbt : copy of btc?
[2024-02-04 20:09:36] bnqxbt : how do you know how much gold there is, because THEY SAY so
[2024-02-04 20:09:37] laPanini : Bot42: Thats people that want to secure the future. Smart people.
[2024-02-04 20:10:04] Joeyy132 : I buy gold. All smart people buy gold
[2024-02-04 20:10:05] bnqxbt : man this chat is full of dumber than chatgpt bots
[2024-02-04 20:10:07] Bot42 : laPanini: damn those boxes could be heavy
[2024-02-04 20:10:13] bnqxbt : time to start blocking again
[2024-02-04 20:10:15] doublecheese : bnqxbt: you can just create another cryptocurrency. There are thousands.
[2024-02-04 20:10:28] bnqxbt : doublecheese: you can't copy btc
[2024-02-04 20:10:37] bnqxbt : the people on btc wont move over
[2024-02-04 20:10:43] doublecheese : bnqxbt: what is bch then?
[2024-02-04 20:10:50] Joeyy132 : Gold price is fabricated but will stay fabricated and strong for many lifetimes
[2024-02-04 20:10:51] laPanini : Bot42: Yeah, i bet. Gold will stand no matter what happens in the world.
[2024-02-04 20:10:53] Joeyy132 : totally safu
[2024-02-04 20:10:53] bnqxbt : you can write btc on a paper and say you copied it
[2024-02-04 20:10:55] Bot42 : laPanini: atleast btc doesnt have that same storage problem lol
[2024-02-04 20:10:59] doublecheese : There are only 21 million bch.
[2024-02-04 20:11:07] bnqxbt : doublecheese: it's not a copy, it's a fork, with another cause
[2024-02-04 20:11:15] bnqxbt : and people who are on btc are not on bch
[2024-02-04 20:11:18] bnqxbt : different people
[2024-02-04 20:11:25] laPanini : Bot42: That is one argument i buy straight off, however, it is dependent that internet is here to stay though, in its current form.
[2024-02-04 20:11:29] bnqxbt : why btc is 40k and bch 250
[2024-02-04 20:11:46] Joeyy132 : bnqxbt: I agree gold price is fake but it will stay fake and strong for many lifetimes and it shuts all over crappy btc
[2024-02-04 20:11:49] bnqxbt : like wtf
[2024-02-04 20:11:51] Joeyy132 : sh1ts
[2024-02-04 20:11:55] bnqxbt : brainmelting stupidity here
[2024-02-04 20:12:06] thesecretsimplykj : you can find gold on meteorites etc, but no btc
[2024-02-04 20:12:09] bnqxbt : how do you people even open doors is impressive
[2024-02-04 20:12:13] doublecheese : bnqxbt: so why exactly should btc be valued more than bch? Gold is valued more than silver because of its intrinsic properties.
[2024-02-04 20:12:33] Joeyy132 : thesecretsimplykj: Bitmex sent a bitcoin to the moon
[2024-02-04 20:12:38] Joeyy132 : :/
[2024-02-04 20:12:45] bnqxbt : doublecheese: because it's the standard, it was adopted, like voting a president
[2024-02-04 20:12:54] Joeyy132 : Maybe a little piece of that bitcoin will one day end up on a meteorite
[2024-02-04 20:13:28] laPanini : Joeyy132: To bad it was only they access keys that was sent, the bitcoin is still stored on the blockchain on earth.
[2024-02-04 20:13:47] thesecretsimplykj : Joeyy132: exactly
[2024-02-04 20:13:52] Joeyy132 : laPanini: god dammit!
[2024-02-04 20:13:54] Joeyy132 : kekeke
[2024-02-04 20:14:10] thesecretsimplykj : Joeyy132: we need to do it, you cant find one somewhere else except we distributed it there
[2024-02-04 20:14:18] bnqxbt : people can break btc, by voting against yourself
[2024-02-04 20:14:51] Joeyy132 : Time to make psta
[2024-02-04 20:14:58] Joeyy132 : dump it more plz so I get better engry
[2024-02-04 20:15:08] laPanini : A few solar flares and some electro magnetic pulses and bitcoin is history lol.
[2024-02-04 20:15:17] bnqxbt : laPanini: so is dollar
[2024-02-04 20:15:24] laPanini : bnqxbt: but gold remains.
[2024-02-04 20:15:34] doublecheese : laPanini: so is traditional banking system lol
[2024-02-04 20:15:35] bnqxbt : laPanini: yes for breaking windows
[2024-02-04 20:15:38] Joeyy132 : Yup but not gold @bnqxbt
[2024-02-04 20:15:45] bnqxbt : i'd use a rock
[2024-02-04 20:16:09] bnqxbt : a lighter would be worth more than gold
[2024-02-04 20:16:10] laPanini : if fiat is gone, and bitcoin is history, gold will stay put.
[2024-02-04 20:16:21] bnqxbt : yes you can eat gold right
[2024-02-04 20:16:29] bnqxbt : drink it
[2024-02-04 20:16:33] bnqxbt : sleep in it
[2024-02-04 20:16:40] bnqxbt : oh wait, no
[2024-02-04 20:16:41] laPanini : i can exchange it for a lighter
[2024-02-04 20:16:48] laPanini : i can exchange it for food
[2024-02-04 20:16:50] Joeyy132 : Gold has value, bitcoin has a price. Massive difference
[2024-02-04 20:16:50] bnqxbt : lighter is more valuable bro
[2024-02-04 20:16:53] laPanini : i can exchange it for a bed
[2024-02-04 20:16:59] laPanini : i can exchange it for a drink.
[2024-02-04 20:17:01] bnqxbt : not when everything is dead
[2024-02-04 20:17:13] Joeyy132 : Gold will still have value
[2024-02-04 20:17:13] laPanini : why would everything die?
[2024-02-04 20:17:19] bnqxbt : I wouldn't trade for a piece of metal when my life depends on it
[2024-02-04 20:17:29] bnqxbt : I need a fire and food
[2024-02-04 20:17:32] laPanini : emp just kills electronic devices, not life.
[2024-02-04 20:17:35] laPanini : loool
[2024-02-04 20:17:37] Joeyy132 : But I could trade my price of metal for things like food
[2024-02-04 20:17:38] bnqxbt : so lighter is higher up than a goldbard
[2024-02-04 20:17:43] Joeyy132 : peice
[2024-02-04 20:17:48] bnqxbt : laPanini: everything electronic
[2024-02-04 20:17:55] bnqxbt : EVERYTHING WE KNOW
[2024-02-04 20:17:56] laPanini : gold is not electronic.
[2024-02-04 20:17:57] doublecheese : bnqxbt: you would still need a medium of exchange lol
[2024-02-04 20:17:58] laPanini : its a metal sir.
[2024-02-04 20:18:05] bnqxbt : laPanini: ok bot confirmed
[2024-02-04 20:18:09] bnqxbt : muted
[2024-02-04 20:18:16] laPanini : bnqxbt: yes you are a bot sir
[2024-02-04 20:18:18] Bot42 : he is a bread not a bot
[2024-02-04 20:18:25] Bot42 : i am bot
[2024-02-04 20:18:29] laPanini : lol
[2024-02-04 20:18:46] laPanini : Love it when reality hit peoples view of the world.
[2024-02-04 20:19:10] laPanini : i am bread, this is true.
[2024-02-04 20:19:20] jjhiijiji : arent we all a little bread
[2024-02-04 20:19:45] doublecheese : You can't buy bread with bitcoin though.
[2024-02-04 20:20:01] bnqxbt : doublecheese: give me btc and I'll give you bread
[2024-02-04 20:20:02] Bot42 : bitcoin = money = bread
[2024-02-04 20:20:03] laPanini : i cant buy bitcoin with bread.
[2024-02-04 20:20:20] bnqxbt : wont take you many seconds to find a seller
[2024-02-04 20:20:44] bnqxbt : or just get a crypto visa
[2024-02-04 20:20:50] doublecheese : bnqxbt: sounds complicated, you may be very far away from me sir.
[2024-02-04 20:20:57] bnqxbt : then get a card
[2024-02-04 20:21:15] doublecheese : bnqxbt: crypto visa means selling for fiat and paying with fiat. Still can't actually use btc
[2024-02-04 20:21:52] doublecheese : And using btc would be impossible worldwide,as it has 7tps.
[2024-02-04 20:22:48] bnqxbt : doublecheese: question is why would you want to, it's a matter of time that the big markets want their btc too
[2024-02-04 20:22:59] laPanini : thats why you need to have your money on an exchange to be able to use the card to exchange for fiat faster than 7tps in order to buy bread.
[2024-02-04 20:23:23] doublecheese : bnqxbt: because it's called cryptoCURRENCY? lol
[2024-02-04 20:23:57] doublecheese : laPanini: buying bread is getting complicated these days lol
[2024-02-04 20:24:17] laPanini : doublecheese: indeed, the normal guy loves complicated.
[2024-02-04 20:24:34] laPanini : or the average person rather.
[2024-02-04 20:25:53] bnqxbt : doublecheese: dollar can be a toilet paper, what is your point?
[2024-02-04 20:26:46] bnqxbt : why you would exchange btc to usd when you make the buy, is exactly what you want, because the usd is getting weaker against btc every second
[2024-02-04 20:26:47] laPanini : i can print my private key on paper and wipe my ass with it too, whats your point?
[2024-02-04 20:26:59] doublecheese : bnqxbt: my point is that a cryptocurrency is supposed to be spent, or it's not a currency? So you buy bitcoin just to never spend it?
[2024-02-04 20:27:44] bnqxbt : you can buy something with straight btc, but not everywhere, just like you can use visa somewhere, and mastercard somewhere, else, now they ae available almost everywhere
[2024-02-04 20:27:46] doublecheese : bnqxbt: would you trust a crypto card for larger amounts then bread?
[2024-02-04 20:27:46] laPanini : doublecheese: isnt currency suppose to be a resource for exchange?
[2024-02-04 20:28:09] bnqxbt : I would not buy anything with btc
[2024-02-04 20:28:09] laPanini : numbers go down sirs
[2024-02-04 20:28:20] Bot42 : then up
[2024-02-04 20:28:27] NOOM : 😃
[2024-02-04 20:28:28] bnqxbt : I would convert just the ammount I need, to make sure I don't spend too much btc
[2024-02-04 20:28:51] bnqxbt : or I would borrow usd, for a buy
[2024-02-04 20:28:58] doublecheese : I see Bitcoin as a mean to make more fiat. That's it for me.
[2024-02-04 20:29:02] bnqxbt : then pay back later when btc is up 5x
[2024-02-04 20:29:07] Kruithofb : Why dump so slow
[2024-02-04 20:29:15] bnqxbt : doublecheese: it's a store of value
[2024-02-04 20:29:16] Bot42 : Kruithofb: why buy so fast
[2024-02-04 20:29:19] laPanini : doublecheese: thats how most people see it.
[2024-02-04 20:29:30] Kruithofb : I want to see the biggest red dildo ever
[2024-02-04 20:29:41] bnqxbt : Kruithofb: sorry, not coming
[2024-02-04 20:29:51] Kruithofb : On the 1 minuten chart lol
[2024-02-04 20:30:03] doublecheese : laPanini: maxis would say to buy hodl and never sell in the course of your entire Life.
[2024-02-04 20:30:05] bnqxbt : I'm never under 15min chart
[2024-02-04 20:30:14] bnqxbt : always on daily or 4h
[2024-02-04 20:30:24] laPanini : doublecheese: yeah, but whats the point? gain wealth that you can never use?
[2024-02-04 20:30:27] bnqxbt : I can't see any movement
[2024-02-04 20:30:33] bnqxbt : sideways
[2024-02-04 20:30:41] doublecheese : laPanini: exactly what I think too.
[2024-02-04 20:31:21] bnqxbt : doublecheese: that is not the purpose of btc
[2024-02-04 20:31:33] bnqxbt : if you want to be extreme, and die with you stack of btc, then do it
[2024-02-04 20:31:49] bnqxbt : but most use it the same way as a bank account, or gold
[2024-02-04 20:32:00] doublecheese : bnqxbt: what's the purpose then?
[2024-02-04 20:32:06] bnqxbt : store wealth
[2024-02-04 20:32:14] bnqxbt : like real estate, gold etc
[2024-02-04 20:32:32] doublecheese : bnqxbt: sadly as I already said before, you can't use it like a bank account because of tps.
[2024-02-04 20:32:38] laPanini : buying gold on a regular basis is the best security any person.
[2024-02-04 20:32:40] bnqxbt : but btc winns those all together hands down
[2024-02-04 20:33:01] bnqxbt : doublecheese: well, then you don't know how it works
[2024-02-04 20:33:28] laPanini : at least gold doesnt randomly lose 90% from time to time.
[2024-02-04 20:33:28] bnqxbt : because you can have a spending account, a savings account, and send and manage dollar the same way
[2024-02-04 20:34:16] bnqxbt : it is smarter to own btc, than owning a home, or car, or gold, or diamonds, or dollar
[2024-02-04 20:34:20] laPanini : is this bnqbot for real?
[2024-02-04 20:35:01] doublecheese : bnqxbt: however in the whitepaper it is mentioned "an electronic peer to peer cash system". But you say it's a store of wealth. So what is it?
[2024-02-04 20:35:01] bnqxbt : for storing the wealth, you could need a car, or need a house, but it's not an investment anymore, in wealth, it could be an investment in health or entertainment, or just common living standard
[2024-02-04 20:35:24] bnqxbt : doublecheese: who cares what the white paper says
[2024-02-04 20:35:33] bnqxbt : it's used how the market sees best
[2024-02-04 20:36:01] bnqxbt : because btc grows so fast in value, it has become a store of value,
[2024-02-04 20:36:08] bnqxbt : there are onyl 21m
[2024-02-04 20:36:25] laPanini : 🍞🍞🍞🍞
[2024-02-04 20:36:28] doublecheese : bnqxbt: so what if I need the money during a market bottom? Still a good store of value?
[2024-02-04 20:36:40] bnqxbt : it was supposed to be a smaller scale thing, as a sideline cash system, it fast overgrew as the demand is astronomical
[2024-02-04 20:37:00] laPanini : I have found out that bitcoin is a randomly store of value, sometimes its good, sometimes its terrible.
[2024-02-04 20:37:02] bnqxbt : doublecheese: well then you missmanaged everything
[2024-02-04 20:37:14] bnqxbt : you could borrow money against your btc
[2024-02-04 20:37:16] Bot42 : laPanini: bitcoin = money = bread ... bread rises, therefore bitcoin rises 🦍🧠
[2024-02-04 20:37:20] bnqxbt : for it's future value
[2024-02-04 20:37:33] laPanini : Bot42: makes sense sir. now this is math i comprehend.
[2024-02-04 20:38:31] bnqxbt : 46k next
[2024-02-04 20:38:37] Pappa : Back to 43 for wall street open
[2024-02-04 20:38:39] doublecheese : bnqxbt: borrowing against btc? How?
[2024-02-04 20:38:50] Pappa : Can get caught moving without permission
[2024-02-04 20:39:27] bnqxbt : long your btc at bottom, with 20x, so you match the same ammount, take out the rest
[2024-02-04 20:39:38] bnqxbt : amount*
[2024-02-04 20:39:48] bnqxbt : ez
[2024-02-04 20:40:02] doublecheese : bnqxbt: how do I know it's the bottom? What if I get liquidated? I store 0 value
[2024-02-04 20:40:27] bnqxbt : doublecheese: well you messed up not making sure you have liquidity for the needs
[2024-02-04 20:40:34] doublecheese : bnqxbt: also I heard keeping bitcoin on exchanges is not a good practice.
[2024-02-04 20:40:49] bnqxbt : doublecheese: then send it to a wallet
[2024-02-04 20:41:07] doublecheese : bnqxbt: but then I couldn't long it
[2024-02-04 20:41:10] bnqxbt : link it with and onramp for card payments
[2024-02-04 20:41:10] laPanini : but how to buy bread if i sent it to a wallet?
[2024-02-04 20:41:20] bnqxbt : then you send it to exchange when you need to
[2024-02-04 20:41:31] bnqxbt : if you need to, you f'd up
[2024-02-04 20:41:46] bnqxbt : risk management
[2024-02-04 20:41:59] doublecheese : Lol I keep all my btc on exchanges and I know the risks. But at least I admit I am doing this to get more fiat lol
[2024-02-04 20:42:20] fcarvas : 40k or 45k
[2024-02-04 20:42:22] bnqxbt : you don't have to do anything to get more fiat
[2024-02-04 20:42:29] doublecheese : bnqxbt: you can have some extraordinary or unexpected expenses, you know
[2024-02-04 20:42:37] Bot42 : fcarvas: 45k, 618 sir
[2024-02-04 20:42:56] bnqxbt : doublecheese: yes, run over by a car and die
[2024-02-04 20:43:06] bnqxbt : moot point
[2024-02-04 20:43:14] Kruithofb : fcarvas: i think 43 like the last couple of days lol
[2024-02-04 20:43:30] bnqxbt : doublecheese: like the guy who sold all his apple stock for 700$
[2024-02-04 20:44:02] bnqxbt : I'd sell my hand instead
[2024-02-04 20:44:10] bnqxbt : or ass
[2024-02-04 20:44:44] bnqxbt : welcome to finance
[2024-02-04 20:44:53] bnqxbt : first day?
[2024-02-04 20:45:25] doublecheese : Had I sold gold at the bottom, it would actually have stored most of value anyway. So I am convinced Gold is a store of value.
[2024-02-04 20:45:33] laPanini : to bad there is no popcorn emoji. :bread:
[2024-02-04 20:45:47] Bot42 : laPanini: 🍿
[2024-02-04 20:46:00] laPanini : bread needs new glasses it seems
[2024-02-04 20:46:06] Bot42 : 👀
[2024-02-04 20:46:11] bnqxbt : doublecheese: same with btc
[2024-02-04 20:46:22] bnqxbt : if I buy at 2k, and botto was 16k
[2024-02-04 20:46:31] doublecheese : bnqxbt: tell this to 69k buyers
[2024-02-04 20:46:42] bnqxbt : doublecheese: why would you buy 69k and sell 16k
[2024-02-04 20:46:55] bnqxbt : you could do that with gold too
[2024-02-04 20:47:02] bnqxbt : buy top, adn wait for bottom
[2024-02-04 20:47:14] bnqxbt : ???
[2024-02-04 20:47:25] bnqxbt : doublecheese: they are soon in profit
[2024-02-04 20:47:37] doublecheese : bnqxbt: yes but with gold most of the value would be preserved.