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 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.
[2024-02-04 20:48:08] doublecheese : Even at the bottom.
[2024-02-04 20:48:19] bnqxbt : doublecheese: same with btc, now it's only down -35% from top
[2024-02-04 20:48:38] doublecheese : ONLY? lmao
[2024-02-04 20:48:47] bnqxbt : usually -20% is a stoplimit, for most, if you bought top, you'd better hold, or they sold at 50k ish
[2024-02-04 20:49:05] bnqxbt : yes only
[2024-02-04 20:49:10] bnqxbt : we are up 200%
[2024-02-04 20:49:19] bnqxbt : since 16k
[2024-02-04 20:49:26] bnqxbt : so just down 30 ish %
[2024-02-04 20:49:30] doublecheese : I know you shouldn't buy top and sell bottom dude. My point was another,which is not storing value
[2024-02-04 20:49:30] bnqxbt : is nothing
[2024-02-04 20:49:48] bnqxbt : it is a store of value, as right now over 90% are in profit
[2024-02-04 20:49:50] Bot42 : here we go
[2024-02-04 20:49:53] bnqxbt : of all owned btc
[2024-02-04 20:50:03] laPanini : like clockwork it bounces, again and again :rocket:
[2024-02-04 20:50:21] doublecheese : bnqxbt: where did you get that number?
[2024-02-04 20:50:47] Bot42 : tether printer go brr
[2024-02-04 20:51:51] doublecheese : I still think btc is a good investment if timed right.just not a store of value.
[2024-02-04 20:52:12] laPanini : doublecheese: indeed, being bullish on an asset is not the same as selling your soul to it.
[2024-02-04 20:52:33] Bot42 : :doge:
[2024-02-04 20:52:34] bnqxbt : doublecheese: say that to the whole existence of btc
[2024-02-04 20:52:41] bnqxbt : from 0 to 40k
[2024-02-04 20:52:46] Kruithofb : Bears where are you
[2024-02-04 20:52:47] bnqxbt : it is a store of value,
[2024-02-04 20:52:58] bnqxbt : dollar has dropped almost as much
[2024-02-04 20:53:01] laPanini : for a time it was a 90% loss of value though.
[2024-02-04 20:53:05] bnqxbt : purchasing power
[2024-02-04 20:53:08] Bot42 : this is getting spicy
[2024-02-04 20:53:08] Kruithofb : Sleeping lol
[2024-02-04 20:53:09] bnqxbt : inflation
[2024-02-04 20:53:19] bnqxbt : Kruithofb: I told you
[2024-02-04 20:53:35] bnqxbt : asia waking up
[2024-02-04 20:53:50] Kruithofb : Did not take the long at 426
[2024-02-04 20:53:53] Kruithofb : Should have
[2024-02-04 20:54:04] laPanini : pumping into weekly close, wee :rocket:
[2024-02-04 20:54:13] Bot42 : :doge:
[2024-02-04 20:54:43] doublecheese : /position xbtusd ``` :bitmex: XBTUSD: 1,500 USD @ 43526 ```
[2024-02-04 20:54:49] bnqxbt : doublecheese: watch plan b
[2024-02-04 20:54:50] doublecheese : Profit sono? :D
[2024-02-04 20:54:57] doublecheese : Soon*
[2024-02-04 20:55:25] doublecheese : bnqxbt: where?
[2024-02-04 20:57:43] doublecheese : Next week is gonna be bullish, which means I won't get a good entry for adding to my longs.
[2024-02-04 20:57:52] Bot42 : silly beara trying to slow down short squeeze
[2024-02-04 20:57:54] doublecheese : But too scared to add here.
[2024-02-04 20:58:05] bnqxbt : doublecheese: https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
[2024-02-04 20:58:54] thesecretsimplykj : why dump green?
[2024-02-04 20:59:02] thesecretsimplykj : :arthur:
[2024-02-04 20:59:13] Bot42 : thesecretsimplykj: :doge:
[2024-02-04 20:59:51] bnqxbt : doublecheese: https://www.lookintobitcoin.com/charts/bitcoin-profitable-days/
[2024-02-04 21:00:18] bnqxbt : 93% profitable days in btc
[2024-02-04 21:00:49] bnqxbt : only shorting btc is losing
[2024-02-04 21:01:07] bnqxbt : shorts are trying to win inside that 7%
[2024-02-04 21:01:22] bnqxbt : still most here are short
[2024-02-04 21:01:38] Bot42 : i see rekt people
[2024-02-04 21:01:42] doublecheese : bnqxbt: ok but I'm not an early adopter and past performance is not an indicator for future. In particular with an asset with diminishing returns.
[2024-02-04 21:01:47] bnqxbt : for the same reason we destroy the environment, and poison our own waters
[2024-02-04 21:02:08] doublecheese : bnqxbt: btc destroys the environment too. LOL.
[2024-02-04 21:02:10] bnqxbt : doublecheese: btc is hardcoded to go linearly up
[2024-02-04 21:02:16] bnqxbt : no inflation
[2024-02-04 21:02:26] bnqxbt : and only 21m coins, do the math
[2024-02-04 21:02:32] Bot42 : :catjam: mewn
[2024-02-04 21:02:32] bnqxbt : 8billion people
[2024-02-04 21:02:35] blaster33 : short here for financial freedom
[2024-02-04 21:02:42] doublecheese : bnqxbt: it's actually inflationary with diminishing inflation over time.
[2024-02-04 21:03:00] bnqxbt : doublecheese: = price go up
[2024-02-04 21:03:08] bnqxbt : purchasing power goes up
[2024-02-04 21:03:16] bnqxbt : not down, like in fiat
[2024-02-04 21:03:39] bnqxbt : you will only need 0.25btc to buy a house in the future
[2024-02-04 21:03:52] Bot42 : tether printer go brrr
[2024-02-04 21:04:09] bnqxbt : dollar is not even worth more than toiletpaper
[2024-02-04 21:05:19] fcarvas : Bears weak, cannot dump this
[2024-02-04 21:05:46] Kruithofb : Lol
[2024-02-04 21:05:46] laPanini : well 1 sheet of toilet paper is actually worth $0.26 so yes one dollar is worth more than toilet paper.
[2024-02-04 21:05:50] bnqxbt : fcarvas: who could have guessed, wow
[2024-02-04 21:06:15] laPanini : You get 4 sheets for a dollar sir.
[2024-02-04 21:06:22] Kruithofb : 4 hours of snail dump cancelled in minutes
[2024-02-04 21:06:42] bnqxbt : what dump
[2024-02-04 21:06:56] bnqxbt : sideways, on support
[2024-02-04 21:07:40] bnqxbt : we are in the equilibrium of 42600-42800 fib
[2024-02-04 21:07:57] bnqxbt : or rather, 43k all together
[2024-02-04 21:08:09] bnqxbt : just a big +-5%
[2024-02-04 21:09:31] MrBritcoin : https://youtu.be/Pc9XPauv23s?si=j-AkxZWtl5eUj812
[2024-02-04 21:09:47] Bot42 : MrBritcoin: did you take profit on your short ?
[2024-02-04 21:10:29] Dario2 : I don't understand bitcoin maxis, nor fiat or gold maxis...
[2024-02-04 21:10:42] Dario2 : Obviously, each asset has its own benefits and drawbacks to a lesser or greater extent.
[2024-02-04 21:10:55] Dario2 : Take gold for example, once we unlock a near-limitless source of energy with nuclear fusion, we can transmute other metals to gold way cheaper.
[2024-02-04 21:11:04] bnqxbt : Dario2: no other has the hard cap like btc does
[2024-02-04 21:11:05] Dario2 : The same with mining asteroids for gold and other precious metals. Their value will eventually go down.
[2024-02-04 21:11:15] Dario2 : Therefore, you should diversify your portfolio to limit your exposure to any one type of asset.
[2024-02-04 21:11:27] Dario2 : It should consist of a mix of fiat, gold, crypto, luxury cars, real esate and stocks etc...
[2024-02-04 21:11:35] Dario2 : This way no single asset can hurt you too much
[2024-02-04 21:11:41] Dario2 : bnqxbt: that's true
[2024-02-04 21:11:58] bnqxbt : Dario2: btc will rule until another similar is adopted, but why wuld you need
[2024-02-04 21:12:17] bnqxbt : when there is one, the whole point is that there is one,
[2024-02-04 21:12:25] bnqxbt : not 2 or more
[2024-02-04 21:12:57] Dario2 : bnqxbt: yeah but I guess in a few decades we will have another crypto backed by quantum algorithms so that might replace it
[2024-02-04 21:12:57] bnqxbt : diversify ofc, but it has nothing to do with btc, math is there, if the world explodes, who cares
[2024-02-04 21:13:10] bnqxbt : Dario2: maybe
[2024-02-04 21:13:24] bnqxbt : or btc is backed by quantum security
[2024-02-04 21:13:34] Dario2 : yeah also possible
[2024-02-04 21:13:36] bnqxbt : easier that way
[2024-02-04 21:13:45] bnqxbt : would take more energy to create a new one
[2024-02-04 21:14:00] fcarvas : Messy price action, which way will it go
[2024-02-04 21:14:10] bnqxbt : fcarvas: always up
[2024-02-04 21:14:13] Bot42 : fcarvas: 45k sir, 618
[2024-02-04 21:14:20] bnqxbt : since 2008
[2024-02-04 21:14:33] MrBritcoin : Bot42: https://youtu.be/0mAzlQwIPQI?si=NDxdBFPMWZbFk9Nb
[2024-02-04 21:15:15] Dario2 : the energy issue will not matter any longer with the advent of nuclear fusion or matter-anti-matter annihilation process @bnqxbt
[2024-02-04 21:15:23] Dario2 : we are just a few decades away
[2024-02-04 21:15:32] fcarvas : Bot42: Keeps getting rejected on both sides
[2024-02-04 21:15:34] bnqxbt : Dario2: I mean, nothing goes against the most resistance
[2024-02-04 21:15:40] bnqxbt : least resistance
[2024-02-04 21:15:45] Dario2 : bnqxbt: exactly
[2024-02-04 21:15:46] bnqxbt : and that would be btc
[2024-02-04 21:16:01] rkapur : i accidentally exited one of my trading panels, how can i make it reappear?
[2024-02-04 21:16:05] Dario2 : makes sense based on what we know so far
[2024-02-04 21:16:13] Dario2 : but that might change any second :kek:
[2024-02-04 21:16:17] FishyGuy : rkapur: press alt + F4
[2024-02-04 21:16:26] thesecretsimplykj : :arthur:
[2024-02-04 21:16:44] MrBritcoin : rkapur: fing
[2024-02-04 21:16:58] rkapur : @MrBritcoin ?
[2024-02-04 21:17:14] MrBritcoin : find the customise selection over on the right sir
[2024-02-04 21:17:37] MrBritcoin : your get a menu appear select missing menu
[2024-02-04 21:17:54] thesecretsimplykj : rkapur: on the right upper corner click the grid under your name logo and select it back again
[2024-02-04 21:18:02] thesecretsimplykj : but one could find that easily by himself
[2024-02-04 21:18:05] DanielCoin : MrBritcoin: still short bro?
[2024-02-04 21:18:07] thesecretsimplykj : :pepe:
[2024-02-04 21:18:33] MrBritcoin : /position xbtusd @DanielCoin @Bot42 ``` :bitmex: XBTUSD: -188,300 USD @ 42798.5089 ```
[2024-02-04 21:19:29] rkapur : thesecretsimplykj: you mean my preferences?
[2024-02-04 21:19:45] DanielCoin : Thanks for sharing😘
[2024-02-04 21:20:06] DanielCoin : Closer mine for a higher entree lol
[2024-02-04 21:20:39] bnqxbt : DanielCoin: you are failing,
[2024-02-04 21:20:43] MrBritcoin : https://youtu.be/xi9kCU_BuZo?si=TqvG343iW2kPufpI
[2024-02-04 21:21:01] bnqxbt : buy and buy more, not short
[2024-02-04 21:21:07] DanielCoin : bnqxbt: closed in profit so I'm good thnx
[2024-02-04 21:21:20] doublecheese : MrBritcoin: brave and rich sir
[2024-02-04 21:21:38] DanielCoin : Bur idk not going higher here I think
[2024-02-04 21:21:45] bnqxbt : DanielCoin: gl shorting all the way to 100k
[2024-02-04 21:21:50] rkapur : MrBritcoin: yo i dont really know how to fix this, can you point me in the right direction. how can i get the trading panel back?
[2024-02-04 21:21:53] MrBritcoin : doublecheese: patient an stupid lol
[2024-02-04 21:22:00] thesecretsimplykj : rkapur: nope
[2024-02-04 21:22:17] MrBritcoin : rkapur: phone or pc m8
[2024-02-04 21:22:27] rkapur : pc / macbook
[2024-02-04 21:22:31] thesecretsimplykj : rkapur: are you on new or old interface, more infos would be nice
[2024-02-04 21:22:37] rkapur : new
[2024-02-04 21:23:00] thesecretsimplykj : rkapur: ok so on the right upper corner there is your name logo
[2024-02-04 21:23:07] thesecretsimplykj : shoudl show "RK" in blue
[2024-02-04 21:23:14] rkapur : yeah it does
[2024-02-04 21:23:18] thesecretsimplykj : and under that is a grid logo
[2024-02-04 21:23:20] thesecretsimplykj : under it
[2024-02-04 21:23:28] thesecretsimplykj : thats the layout
[2024-02-04 21:23:34] thesecretsimplykj : not in the menu of the name