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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[2024-05-11 09:58:59] jjhiijiji : fck ETH
[2024-05-11 10:00:20] "it will be........" : etf rejection on a saturday?
[2024-05-11 10:00:40] rxr : nah in May
[2024-05-11 10:00:46] "it will be........" : wp
[2024-05-11 10:01:12] 123sb2 : Buy pepe sell btc
[2024-05-11 10:06:11] bnqxbt : "it will be........": what etf rejection?
[2024-05-11 10:06:42] "it will be........" : use your eyes
[2024-05-11 10:07:13] bnqxbt : how
[2024-05-11 10:07:37] rxr : eth beautiful short
[2024-05-11 10:07:43] rxr : ethbtc nothing but weakness too
[2024-05-11 10:07:44] bnqxbt : 👀
[2024-05-11 10:07:58] Bubblemania : Pepe ETF will be game changer
[2024-05-11 10:09:00] jjhiijiji : why would ETF get rejected though anyway
[2024-05-11 10:09:23] jjhiijiji : how is eth fundamentally different from btc that would result in its rejection?
[2024-05-11 10:09:33] rxr : eth was an ico
[2024-05-11 10:09:41] rxr : no1 really knows its supply
[2024-05-11 10:09:43] rxr : and is centralized
[2024-05-11 10:09:54] rxr : = eth is a security
[2024-05-11 10:09:56] bnqxbt : SEC want to show who is the dictator
[2024-05-11 10:10:02] rxr : it might get an etf still but later
[2024-05-11 10:10:08] bnqxbt : power play
[2024-05-11 10:10:10] jjhiijiji : someone should just hang garry gensler in times square
[2024-05-11 10:10:17] bnqxbt : and also market manipulation
[2024-05-11 10:10:28] rxr : eth is worthless anyway
[2024-05-11 10:10:29] rxr : so who cares
[2024-05-11 10:10:36] rxr : just a trading instrument
[2024-05-11 10:10:40] rxr : 0 fundamental value
[2024-05-11 10:10:45] rxr : high gas fees
[2024-05-11 10:10:47] rxr : doesnt scale
[2024-05-11 10:10:49] rxr : totally useless
[2024-05-11 10:10:52] rxr : could go to 0 easily
[2024-05-11 10:11:01] bnqxbt : delaying, and delaying, is just playing time, which is market manipulation
[2024-05-11 10:11:25] bnqxbt : not using the time given, is just a scam
[2024-05-11 10:11:35] rxr : bitcoin at least is decentralized
[2024-05-11 10:11:57] rxr : hashrate only goes up
[2024-05-11 10:12:00] rxr : strong network
[2024-05-11 10:12:04] rxr : bitcoin is true digital gold now
[2024-05-11 10:12:10] rxr : eth is just a shitcoin
[2024-05-11 10:12:17] rxr : centralized ico scam
[2024-05-11 10:12:57] Gandalf the Grey : this post halving corn suxxx
[2024-05-11 10:13:14] rxr : 48k then 150k
[2024-05-11 10:13:15] rxr : choo choo
[2024-05-11 10:13:37] bnqxbt : it's just about time to get excited
[2024-05-11 10:13:49] bnqxbt : don't become grey because you stress a consolidation
[2024-05-11 10:19:48] jjhiijiji : yeap. consolidation always most likely scenario. too many people always betting on breakouts on either extreme
[2024-05-11 10:20:00] jjhiijiji : its always good for liquidity though so fck it
[2024-05-11 10:20:40] doublecheese : Gandalf the Grey: what does halving changes exactly? Most of bitcoin supply is already in circulation.
[2024-05-11 10:21:38] bnqxbt : halving changes that the amount miners sell drop by half
[2024-05-11 10:21:57] bnqxbt : the impact of them selling is half of what it was,
[2024-05-11 10:22:28] bnqxbt : and it's double more expesive for them to mine, so they want the price to move up to remain profitable
[2024-05-11 10:22:43] doublecheese : bnqxbt: but the supply coming from miners is tiny compared to the total supply in circulation. Makes no sense.
[2024-05-11 10:23:00] bnqxbt : miners are behind the biggest crashes during this bull run
[2024-05-11 10:23:24] bnqxbt : it's not joke, it's a constant sell pressure
[2024-05-11 10:23:43] bnqxbt : but you saked how it affects, not what is the greatest
[2024-05-11 10:24:04] bnqxbt : doublecheese: the total circulation is at most times in equilibrium
[2024-05-11 10:24:17] bnqxbt : "MOST" hold
[2024-05-11 10:24:33] bnqxbt : it's only a fraction that change hands at one price
[2024-05-11 10:24:51] bnqxbt : supply on exchanges is at its lowest levels
[2024-05-11 10:24:59] jjhiijiji : most are holding, and demand has increased a lot past 2 years, with supply increasingly limited it only makes sense for it to become more scarce
[2024-05-11 10:25:03] doublecheese : bnqxbt: I was making the point the effect is likely not that impactful per se. It's all just narratives really.
[2024-05-11 10:25:04] jjhiijiji : and miners need to sell for higher price now
[2024-05-11 10:25:06] bnqxbt : meaning the supply is not exhanging hands
[2024-05-11 10:25:07] jjhiijiji : to break even or make profit
[2024-05-11 10:25:42] bnqxbt : doublecheese: it does, it was the miners selling OTC btc to etf's
[2024-05-11 10:25:42] jjhiijiji : almost every post halving pumps was months after the actual halving
[2024-05-11 10:26:15] bnqxbt : now they have nothing to sell, or 50% less, and etf's are not slowing down their buying, it's coming back for a second swing very soon
[2024-05-11 10:26:40] bnqxbt : we have a supply shock happening
[2024-05-11 10:26:46] bnqxbt : it's not a narrative, it's math
[2024-05-11 10:26:49] jjhiijiji : yeah i agree with this but it might take a while for it to unfold
[2024-05-11 10:26:54] jjhiijiji : months even
[2024-05-11 10:27:31] bnqxbt : I think we might have a weird very soon after halving pump, not seen before, because of the etf's and new things. but we will stagnate over the summer, and have an alt market
[2024-05-11 10:27:58] bnqxbt : btc continues to rise later in fall or early winter
[2024-05-11 10:28:08] bnqxbt : new ath eoy
[2024-05-11 10:28:11] jjhiijiji : i think its more likely the pump coincides with a clear path to QE right now its delayed till end of year or earlty next year
[2024-05-11 10:28:21] jjhiijiji : if we didnt have bad data it would have been this summer
[2024-05-11 10:28:41] bnqxbt : I think we see 120k for summer, and a new consolidation
[2024-05-11 10:28:52] bnqxbt : 200k before eoy
[2024-05-11 10:29:05] jjhiijiji : thats way too optimistic for me
[2024-05-11 10:29:20] jjhiijiji : i dont see us going anywhere near that
[2024-05-11 10:29:22] bnqxbt : it could be, but the price kinda has to reach 500k before end of 2025
[2024-05-11 10:29:27] jjhiijiji : whaaaat
[2024-05-11 10:29:31] bnqxbt : yeh
[2024-05-11 10:29:34] jjhiijiji : ok now you lost me completely
[2024-05-11 10:29:42] jjhiijiji : well just agree to disagree here
[2024-05-11 10:29:46] doublecheese : bnqxbt: how low do you think we can go?
[2024-05-11 10:29:52] bnqxbt : low?
[2024-05-11 10:30:00] bnqxbt : after 120k+
[2024-05-11 10:30:05] bnqxbt : 80?
[2024-05-11 10:30:09] doublecheese : bnqxbt: yeah it's not like we will pump tomorrow.
[2024-05-11 10:30:18] jjhiijiji : no he means to ask how low before pump
[2024-05-11 10:30:24] doublecheese : This retracement isn't done yet.
[2024-05-11 10:30:39] bnqxbt : now the bottom is here I think, it is possible they market scam a wick down to even low 50k
[2024-05-11 10:30:42] bnqxbt : but that is noise
[2024-05-11 10:30:51] jjhiijiji : doublecheese: if this retracement isnt done yet why didnt you short
[2024-05-11 10:30:52] jjhiijiji : WHY
[2024-05-11 10:31:07] bnqxbt : doublecheese: indicators say otherwise
[2024-05-11 10:31:16] bnqxbt : bears are exhausted
[2024-05-11 10:31:29] bnqxbt : they can have one more fast push but, I don't see much there
[2024-05-11 10:31:42] doublecheese : jjhiijiji: because I don't like shorting, in particular during bull markets. Shorting has not infinite potential, longing has.
[2024-05-11 10:31:43] bnqxbt : anything is possible tho
[2024-05-11 10:32:05] Gandalf the Grey : 73k longers fucked though
[2024-05-11 10:32:23] "it will be........" : Gandalf the Grey: kurwa
[2024-05-11 10:32:28] doublecheese : Gandalf the Grey: Only if they closed.
[2024-05-11 10:32:30] Gandalf the Grey : BOBEEER
[2024-05-11 10:32:37] bnqxbt : Gandalf the Grey: that lasted 1day
[2024-05-11 10:32:47] bnqxbt : if you succeeded longing there, haha
[2024-05-11 10:32:58] jjhiijiji : didnt owl long there or smth
[2024-05-11 10:33:02] jjhiijiji : but i think he closed
[2024-05-11 10:33:20] bnqxbt : second touch was just below no
[2024-05-11 10:33:29] bnqxbt : it had to be the first ath pump
[2024-05-11 10:38:47] bnqxbt : SOL looking like a buy
[2024-05-11 10:39:11] doublecheese : bnqxbt: anyway top will be 150k in my opinion. 500k out of reach considering diminishing returns.
[2024-05-11 10:39:49] "it will be........" : fundamentals dont determine some arbitrary target
[2024-05-11 10:41:49] jjhiijiji : yes, they dont
[2024-05-11 10:41:55] jjhiijiji : they can just give you a general trend
[2024-05-11 10:42:13] bnqxbt : technical analysis gives you targets, not fundamentals, alone..
[2024-05-11 10:42:15] jjhiijiji : a :likely: trend
[2024-05-11 10:42:35] bnqxbt : fundamentals, are very subjective and added when wanted
[2024-05-11 10:42:45] bnqxbt : hence news are absolute garbage to trade
[2024-05-11 10:43:34] bnqxbt : diminishing returns yes, in terms of % and X, but, it doesn't mean it will not hit 500k,
[2024-05-11 10:43:48] bnqxbt : 500k is still diminishind returns, so is 1mil
[2024-05-11 10:43:59] bnqxbt : compared to the early days
[2024-05-11 10:44:08] bnqxbt : people don't understand that
[2024-05-11 10:44:30] bnqxbt : I laugh at people who think this bull cycle before next halving the top is 150k or 200k
[2024-05-11 10:45:25] bnqxbt : this time it's not going to be different, so, anything between 500k to over 1m is where we go... nobody knows...
[2024-05-11 10:45:29] jjhiijiji : bnqxbt: fundamentals are not subjective
[2024-05-11 10:45:32] "it will be........" : this is bitcoin, fundamentals will trump technical targets even tho I have them
[2024-05-11 10:45:44] jjhiijiji : fundamentals trump TA in anything not just btc
[2024-05-11 10:45:51] ilPanino : I dont think i have seen anyone disagreeing wether IF it will hit 200k or 1M, except trollbox trolls, what people disagrees on is the timeframe of when.
[2024-05-11 10:45:54] "it will be........" : true true
[2024-05-11 10:46:04] bnqxbt : this happend because of this
[2024-05-11 10:46:06] jjhiijiji : fundamentals is equivalent to a scientific approach while TA is equivalent to astrology
[2024-05-11 10:46:07] ilPanino : and what will happen inbetween now and then.
[2024-05-11 10:46:10] bnqxbt : it's 99% a lie
[2024-05-11 10:46:35] bnqxbt : fundamentals, is because of war this happens, because covid, this happens... bla bla
[2024-05-11 10:46:39] jjhiijiji : dude
[2024-05-11 10:46:40] bnqxbt : still TA trumped on both
[2024-05-11 10:46:43] jjhiijiji : covid caused a massive DUMP
[2024-05-11 10:46:47] jjhiijiji : if you didnt notice
[2024-05-11 10:46:51] jjhiijiji : in the major indeces
[2024-05-11 10:46:52] bnqxbt : it did, but it was still inside the TA
[2024-05-11 10:46:56] jjhiijiji : aaah fck off
[2024-05-11 10:46:58] jjhiijiji : what bs
[2024-05-11 10:47:06] jjhiijiji : the reason for the dump
[2024-05-11 10:47:10] bnqxbt : it never went under the 1
[2024-05-11 10:47:13] jjhiijiji : was supply chains were severely disrupted
[2024-05-11 10:47:14] bnqxbt : or 0
[2024-05-11 10:47:18] jjhiijiji : buying dropped
[2024-05-11 10:47:20] jjhiijiji : panic ensued
[2024-05-11 10:47:30] jjhiijiji : all easy fundamental reasons
[2024-05-11 10:47:31] jjhiijiji : not TA
[2024-05-11 10:47:36] bnqxbt : yes, panic selling is always part of TA
[2024-05-11 10:47:38] jjhiijiji : u can find a way to make TA fit the drop
[2024-05-11 10:47:39] "it will be........" : jjhiijiji: it started with the plus token china scam, that was the catalyst
[2024-05-11 10:47:50] bnqxbt : like rn
[2024-05-11 10:47:58] jjhiijiji : damn dude i started to think bnq was giving out some smart points till he said ths sh!t now im completely put off
[2024-05-11 10:48:04] bnqxbt : it could trigger when ever, and someone will go and find a fundamental reason for it
[2024-05-11 10:48:13] jjhiijiji : dude
[2024-05-11 10:48:18] jjhiijiji : its ALWAYS a fundamental reason
[2024-05-11 10:48:27] bnqxbt : chicken or the egg
[2024-05-11 10:48:29] jjhiijiji : no
[2024-05-11 10:48:30] "it will be........" : but in saying that, there were a couple technical traders who called the exact bottom from 10k, steves being one. its the truth
[2024-05-11 10:48:31] jjhiijiji : its not chicken or egg
[2024-05-11 10:48:35] jjhiijiji : covid caused a dump
[2024-05-11 10:48:37] jjhiijiji : dump didnt cause covid
[2024-05-11 10:48:41] bnqxbt : I don't care, if israel launches a missile
[2024-05-11 10:48:41] jjhiijiji : thats fckin easy
[2024-05-11 10:49:07] bnqxbt : I look at TA, and fundamentals, like ETF's and supply shock, are real
[2024-05-11 10:49:17] bnqxbt : other stuff, like trump winning no
[2024-05-11 10:49:21] bnqxbt : nothing
[2024-05-11 10:49:27] bnqxbt : just news and bs
[2024-05-11 10:49:28] jjhiijiji : fundamentals are the realest yo ucan get
[2024-05-11 10:49:42] bnqxbt : fundamentals, are as bad as emotions
[2024-05-11 10:49:52] bnqxbt : but emotions are seen on chart, so you can TA them
[2024-05-11 10:49:58] jjhiijiji : so next time a global pandemic ensues
[2024-05-11 10:50:01] jjhiijiji : if ur TA says no dump coming
[2024-05-11 10:50:02] jjhiijiji : dont short
[2024-05-11 10:50:04] jjhiijiji : lets see who wins
[2024-05-11 10:50:31] bnqxbt : rn, bottom is in, but we can safely drop to 30k, and bull cycle is intact TA wise
[2024-05-11 10:50:33] jjhiijiji : damn man i saw a glimpse of smart in you
[2024-05-11 10:50:38] jjhiijiji : now its gone
[2024-05-11 10:50:55] bnqxbt : it's always a trigger point for people who argue for fundamentals
[2024-05-11 10:50:56] jjhiijiji : im off for food and shower
[2024-05-11 10:50:59] bnqxbt : like politics
[2024-05-11 10:51:03] "it will be........" : jjhiijiji: lol
[2024-05-11 10:51:22] bnqxbt : I think we can agree that not EVERYTHING is a fundamental thing
[2024-05-11 10:51:55] bnqxbt : supply shock is. fiat going to shet is also a thing, etf's are a thing, yes fundamentals are good to trade, but not everything is as most fundamentalist say
[2024-05-11 10:52:06] "it will be........" : they are not mutually exclusive
[2024-05-11 10:52:25] "it will be........" : like rn, there's TA that shows why we're going up. there's also fundamentals to explain why too
[2024-05-11 10:52:28] bnqxbt : trading only fundamentals is like reading stars and trading the wind
[2024-05-11 10:52:49] "it will be........" : going up on overall tf, not lower lel
[2024-05-11 10:52:51] bnqxbt : it's raw TA, patterns, algorithms, emotion turned into numbers etc
[2024-05-11 10:53:18] bnqxbt : squeeze here, ketchup comes out there
[2024-05-11 10:53:22] bnqxbt : TA, not fundamentals
[2024-05-11 10:53:35] bnqxbt : but I think people understand this wrong
[2024-05-11 10:53:52] bnqxbt : mix TA for being a fundamental thing
[2024-05-11 10:54:09] bnqxbt : fundamentally, BTC ALWAYS GOES UP
[2024-05-11 10:54:20] bnqxbt : TA is what happens inbetween that
[2024-05-11 10:55:21] bnqxbt : if RSI is over 90 for 3 days, it's most likely we drop next, not because Trump said drink chloride
[2024-05-11 10:55:41] ilPanino : Tell that to everyone that bought 64k that it always goes up, lol.
[2024-05-11 10:55:48] ilPanino : Brainwashing continues.
[2024-05-11 10:56:11] ilPanino : So much stupid nonsense in a few lines.
[2024-05-11 10:56:52] ilPanino : It will probably go back up, but no, it does not _always_ go up.
[2024-05-11 10:57:10] ilPanino : thats naive thinking, pure brainwashing syndrome.
[2024-05-11 10:57:26] ilPanino : it is that dream people are buying into.
[2024-05-11 10:57:49] ilPanino : why shorting between the times is so profitable, because of the pure _fact_ that it also goes down.
[2024-05-11 10:58:31] ilPanino : I am generally bullish on Bitcoin, but i do not live in a fantasy world.
[2024-05-11 10:58:44] bnqxbt : fundamentally because btc always tredns up, and always goes up, it will not break that, so you have to use TA to see where it goes. and what it CAN do, if so was to happen, we never know what miners want, or big whales, or MM, or if there is a freak Covid, but the line where the market bounces as it's not fundamentally going lower, ever, it will bounce.
[2024-05-11 10:59:05] ilPanino : Sure, so 60k is not lower than 74k then?
[2024-05-11 10:59:09] ilPanino : This is delusions.
[2024-05-11 10:59:25] ilPanino : So it did not go lower than 74k?
[2024-05-11 10:59:32] ilPanino : We are still at 74k?
[2024-05-11 10:59:58] ilPanino : Nonsense, if of course it has gone _down_ from 74k.
[2024-05-11 11:01:28] bnqxbt : "it will be........": circumstantial fundamental reasons for something going up or down, is stupid, and looked for afterwards..
[2024-05-11 11:01:37] bnqxbt : TA is before
[2024-05-11 11:01:55] bnqxbt : etf's, supply shock, are fundamentals before
[2024-05-11 11:02:07] bnqxbt : so there is that difference, how it's supposed to be used
[2024-05-11 11:02:24] bnqxbt : not, look this happend, that's why this drop came.
[2024-05-11 11:02:44] bnqxbt : dead fish in the river tactic
[2024-05-11 11:03:04] ilPanino : Look at it drop _lower_ as bnqbot is here trying to brainwash people with nonsence.
[2024-05-11 11:03:13] ilPanino : nonsense*
[2024-05-11 11:03:15] "it will be........" : ilPanino: lol
[2024-05-11 11:03:22] "it will be........" : he talks as if people are dumb
[2024-05-11 11:03:33] ilPanino : I rarely read so much crap as he writes.
[2024-05-11 11:03:46] ilPanino : He trades from mommys basement, living in the dream he will be rich.
[2024-05-11 11:03:52] ilPanino : trying to get others to pump his bags.
[2024-05-11 11:03:56] bnqxbt : me? people are
[2024-05-11 11:03:56] ilPanino : nothing more, nothing less.
[2024-05-11 11:04:04] bnqxbt : very dumb
[2024-05-11 11:04:19] "it will be........" : yes many are, but not all, get what im saying
[2024-05-11 11:04:25] bnqxbt : not everyone
[2024-05-11 11:04:34] bnqxbt : it hits to whoever needs it
[2024-05-11 11:04:45] "it will be........" : ok
[2024-05-11 11:04:52] bluemaster : looks so bearish I have to buy more 😜
[2024-05-11 11:05:06] bnqxbt : bluemaster knows
[2024-05-11 11:05:07] ilPanino : zero sum game, humbles everyone sooner or later.
[2024-05-11 11:05:47] ilPanino : yeah, this will pump back to way higher, but it does not _always_ go up. This is on opportunity to load up with more.
[2024-05-11 11:06:19] ilPanino : Blindly saying it will _always_ go up, and that it is not _lower_ than 74k is ignorance, pure nonsense.
[2024-05-11 11:06:26] bluemaster : bnqxbt: I expect we are not going under 30k ...anything between 30k and here I am slowly loading ... al that will be dumped on FOMO players over 774k
[2024-05-11 11:06:30] bluemaster : 74 k
[2024-05-11 11:06:56] bluemaster : 😁
[2024-05-11 11:07:00] "it will be........" : that I agree with ^ at last from how things look currently
[2024-05-11 11:07:07] "it will be........" : least*
[2024-05-11 11:08:37] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 1200 USD @ 60624.5
[2024-05-11 11:08:44] contract details : 👀
[2024-05-11 11:09:15] ilPanino : uh oh, bnqbot brought the dump again, its unreal.
[2024-05-11 11:09:25] jjhiijiji : i understand why bnq doesnt look at fundamentals
[2024-05-11 11:09:28] jjhiijiji : cause he doesnt know what they are
[2024-05-11 11:09:55] bluemaster : /position xbtk24 this poo pooy contract will expire anyway in 20 days , no liquidity at all ``` :bitmex: XBTK24: 128,300 USD @ 69583.6117 ```
[2024-05-11 11:09:56] mr lonely : only up
[2024-05-11 11:09:57] ilPanino : He is literally the most ignorant person in here.
[2024-05-11 11:10:13] ilPanino : Feeding the dream of infinite riches.
[2024-05-11 11:10:25] bnqxbt : jjhiijiji: like I said, they are for most people subjective
[2024-05-11 11:10:34] bnqxbt : what are your subjective fundamentals
[2024-05-11 11:10:39] bnqxbt : list 3
[2024-05-11 11:10:41] mr lonely : only up
[2024-05-11 11:11:40] jjhiijiji : bnqxbt: if you think fundamentals are subjective
[2024-05-11 11:11:42] jjhiijiji : u have no idea what they are
[2024-05-11 11:11:45] bnqxbt : for me, I only have 3, btc will always trade higher, etf's accelerate adoption, halving chokes the supply as demand grows.
[2024-05-11 11:12:12] bnqxbt : thos things are not on the chart, they are ideas that make btc stronger in it's PA
[2024-05-11 11:12:23] bnqxbt : hence fundamentals
[2024-05-11 11:12:26] jjhiijiji : no clue
[2024-05-11 11:12:49] ilPanino : Someone that been in this market for "so long" only has 3 btc?
[2024-05-11 11:13:01] bnqxbt : people have tried to pin btc to DXY, S&P, wars, oil... corn...
[2024-05-11 11:13:05] ilPanino : Thats some funny stuff right there.
[2024-05-11 11:13:09] bnqxbt : elections
[2024-05-11 11:13:12] bnqxbt : like wtf
[2024-05-11 11:13:22] jjhiijiji : thats because yo udont understand how these are correlated
[2024-05-11 11:13:23] bnqxbt : better luck with tarot cards
[2024-05-11 11:13:27] jjhiijiji : baah
[2024-05-11 11:13:34] jjhiijiji : fckin idiot i thought he might be a little smart but hes like 20 IQ this one
[2024-05-11 11:13:52] doublecheese : Truth is, nobody really knows the future. Only sure thing is bitcoin will always go up in the long run, but nobody knows how and when.
[2024-05-11 11:14:01] bnqxbt : it's amazing, until. aaaawh, it decoupled, AGAIN
[2024-05-11 11:14:25] ilPanino : doublecheese: if you think it will go down sir, you can short it to profit from to fall.
[2024-05-11 11:14:28] jjhiijiji : u mentioned covid its the perfect example. TA has its utility and while things were fine, you could have utilized it within the trend. onec fundamentals chanaged because of covid, no TA would have forseen not prevented that dump from happening
[2024-05-11 11:14:43] bnqxbt : the only thing they have in common is m2
[2024-05-11 11:15:06] ilPanino : doublecheese: This dump from 65k is brought to you from bnqbot.
[2024-05-11 11:15:08] bnqxbt : jjhiijiji: when covid, hit I was the most happy, I bought as much as I could during the drop
[2024-05-11 11:15:21] doublecheese : ilPanino: No thank you, I will try to buy cheap instead.
[2024-05-11 11:15:25] bnqxbt : it was TA wie already dropping, it just waterfalled, and it was blamed on covid
[2024-05-11 11:15:28] ilPanino : doublecheese: Always short when he shows up. It is a 100% indicator.
[2024-05-11 11:15:48] bnqxbt : it was 70% TA, and covid made people emotional, and they sold at loss, idiots
[2024-05-11 11:15:50] ilPanino : bnqbot is the best short indicator there is, he always shows up at the tops.
[2024-05-11 11:15:58] bnqxbt : amazing
[2024-05-11 11:16:20] bnqxbt : at the time, people thought fundamentals, had it going to 0
[2024-05-11 11:16:28] bnqxbt : :arthur:
[2024-05-11 11:16:35] bnqxbt : TA betch
[2024-05-11 11:16:39] doublecheese : ilPanino: this may be a possible bottom though.
[2024-05-11 11:16:51] ilPanino : doublecheese: not as long as bnqbot is around sir.
[2024-05-11 11:17:10] "it will be........" : kid confirmed lol
[2024-05-11 11:17:20] ilPanino : doublecheese: He owns 3 btc so he is never wrong. :)
[2024-05-11 11:17:21] bnqxbt : only people who lost money on the drop during covid, blame it on covid, others were expecting it, and profited
[2024-05-11 11:17:21] jjhiijiji : bnqxbt: no.. just no
[2024-05-11 11:17:28] jjhiijiji : this just shows me you really have 0 clue about fundamentals
[2024-05-11 11:17:31] jjhiijiji : literally like 0 clue
[2024-05-11 11:17:37] jjhiijiji : thats why you focus on TA
[2024-05-11 11:17:57] rxr : nuke it
[2024-05-11 11:18:11] jjhiijiji : its good to combine both TA and fundamentals
[2024-05-11 11:18:19] jjhiijiji : but 99% of people here disreguard fundamentals which are more important
[2024-05-11 11:18:23] jjhiijiji : and think TA is like magic
[2024-05-11 11:18:28] bnqxbt : jjhiijiji: you say that, but have no examples
[2024-05-11 11:18:29] doublecheese : ilPanino: he is top 1% owning 3btc though. i will never even get to 0.1.
[2024-05-11 11:18:35] jjhiijiji : and the reality is they have 0 fckin clue what fundamentals are
[2024-05-11 11:18:43] jjhiijiji : they just know words like oil and elections
[2024-05-11 11:18:50] "it will be........" : lol
[2024-05-11 11:19:06] ilPanino : jjhiijiji: I am a pure TA trader though, i dont look at fundamentals at all when doing my decisions, i only base my trades on as close to realtime data as possible.
[2024-05-11 11:19:20] "it will be........" : jjhiijiji: was trying to tell this guy, it doesnt have to be one or the other. still doesnt get it. im done haha
[2024-05-11 11:19:25] bnqxbt : TA is not magic, fibs, res, support, volume profile, rsi, stoch... are not magic, they rule the whole chart
[2024-05-11 11:19:44] ilPanino : doublecheese: "only" having 3 btc after all these years, he is a shrimp at most.
[2024-05-11 11:19:46] bnqxbt : has been doing it since for ever, nothing will change that, until it does, that is the fact
[2024-05-11 11:20:04] bnqxbt : fundamentals, are freak things, people can't handle...
[2024-05-11 11:20:44] bnqxbt : news and correlations are not tradeable
[2024-05-11 11:21:44] jjhiijiji : let me ask you something
[2024-05-11 11:21:48] jjhiijiji : when the fed is determining its policy
[2024-05-11 11:22:01] bnqxbt : and as YOU said, people don't (by your standard) understand fundamentals, then they really don't work... because the reason for a fundamental thing to have effect is that everyone thinks the same way
[2024-05-11 11:22:01] jjhiijiji : or banks are readjusting their strategy
[2024-05-11 11:22:06] jjhiijiji : do you think they base it on TA
[2024-05-11 11:22:10] jjhiijiji : or do you think they base it on fundamentals
[2024-05-11 11:22:18] jjhiijiji : you dont even have to asnwer that question
[2024-05-11 11:22:22] jjhiijiji : cause its purely fundamentals
[2024-05-11 11:22:31] bnqxbt : they read charts, and try to skew the trend somehow, and it's all clownery on both ends
[2024-05-11 11:22:34] jjhiijiji : then u have a bunch of small fish and bots trading on the movements they cause
[2024-05-11 11:23:10] bnqxbt : bots and MM use TA, they might capitalize on events, before, during or after, but that is chartable
[2024-05-11 11:23:34] bnqxbt : because they rarely break trends, and if they do, it's an overstep, overreaction
[2024-05-11 11:23:39] bnqxbt : and those are called noise
[2024-05-11 11:24:06] ilPanino : mm, profitable noise. Makes my btc grow every time.
[2024-05-11 11:24:23] bnqxbt : I'm not worried about who becomes the next president of US, in terms of where btc is going
[2024-05-11 11:25:01] bnqxbt : even if the US bans btc, it wont affect it, short term, yes, a really good buy if it drops, in the end no.
[2024-05-11 11:25:36] ilPanino : Lets see what happens if all countries shut down port 8333 globally.
[2024-05-11 11:25:43] doublecheese : bnqxbt: they just made an etf lol, zero chance they ban it.
[2024-05-11 11:26:01] doublecheese : ilPanino: another port will be used?
[2024-05-11 11:26:29] ilPanino : doublecheese: true, but the decentralized nature of the network, will make it take time to be adapted to the new port.
[2024-05-11 11:26:43] ilPanino : much damage will be done.
[2024-05-11 11:27:13] doublecheese : ilPanino: Also slim chances all countries will do such a thing at the same time.
[2024-05-11 11:27:15] ilPanino : thats a very unlikely theoretical scenario, but it is there and it is possible.
[2024-05-11 11:27:41] BMEXcheers : some people need their port 80 blocked :¬)
[2024-05-11 11:27:43] ilPanino : about the same probability that the solar flares heading to earth will kill the network.
[2024-05-11 11:27:55] ilPanino : port 443 would do more damage these days.
[2024-05-11 11:29:43] bnqxbt : doublecheese: you could come to that conclusion, fundamental reason
[2024-05-11 11:32:21] bnqxbt : you enter btc markets on the basis of fundamental, you believe, you trade it to the desired TP with TA. once you beleive in btc and it's usecase, it's value, etc. fundamentals are not relevant anymore.
[2024-05-11 11:32:25] doublecheese : SOL looks ultra bullish tho.
[2024-05-11 11:32:51] jjhiijiji : fundamentals always relevant since they are defining the market environment
[2024-05-11 11:33:11] jjhiijiji : bitcoin pumps when money is pouring into it
[2024-05-11 11:33:14] doublecheese : bnqxbt: btc only value is as a tool to make more fiat. Zero utility as a currency (too slow and expensive).
[2024-05-11 11:33:16] jjhiijiji : and people are speculating on it
[2024-05-11 11:33:25] jjhiijiji : and funds are dedicated a part of their portfolios to it
[2024-05-11 11:33:29] jjhiijiji : these are all fundamentals
[2024-05-11 11:33:42] jjhiijiji : and related to stuff like inflation, rates, etc e tc
[2024-05-11 11:33:47] bnqxbt : people enter because TA setups, reversals, volume spikes, green candles,
[2024-05-11 11:33:55] bnqxbt : res breakouts
[2024-05-11 11:33:57] bnqxbt : ihs
[2024-05-11 11:33:59] jjhiijiji : thats it
[2024-05-11 11:34:00] jjhiijiji : muted
[2024-05-11 11:34:01] bnqxbt : bull flags
[2024-05-11 11:34:08] jjhiijiji : this guy is a fckin dunce
[2024-05-11 11:34:16] jjhiijiji : done
[2024-05-11 11:34:39] bnqxbt : jjhiijiji: I think you mixed two things
[2024-05-11 11:35:18] bnqxbt : when everyone believes in a double bottom, and res breakout, it becomes true, not because it's magic, it's just... collective behavior
[2024-05-11 11:36:13] Gandalf the Grey : When 20k
[2024-05-11 11:36:16] Gandalf the Grey : when doooom
[2024-05-11 11:36:18] doublecheese : bnqxbt: Who will be the greater fools to buy after breakout though?
[2024-05-11 11:37:27] bnqxbt : after breakout, there is a retest of it, and fakes are common, so you have to consider those as well, and if a fake might look like happening it will because people do the same thing at the same time, and start panic selling, or if it pumps panic buying, it's all included in the long list of TA tools
[2024-05-11 11:37:32] DangerMan : 62000
[2024-05-11 11:38:14] mr lonely : 73k
[2024-05-11 11:38:17] bnqxbt : people sell a pump at first fib, then the next, and it also becomes true if they believe it could be a reversal point, it becomes on
[2024-05-11 11:38:42] bnqxbt : MM might have another say, liq runs are the best
[2024-05-11 11:38:53] DangerMan : No
[2024-05-11 11:39:33] bnqxbt : it's like no matter the size of a ship, ones it tips too much, it goes belly up, amazing
[2024-05-11 11:41:20] doublecheese : Just wait until eth etf rejection and we'll see some of the biggest red candles ever.
[2024-05-11 11:41:33] bnqxbt : doublecheese: wont affect eth
[2024-05-11 11:41:36] mr lonely : green candle
[2024-05-11 11:41:50] mr lonely : big bull
[2024-05-11 11:42:00] bnqxbt : it's still heavily undervalues, it's an amazing buy if they reject it
[2024-05-11 11:42:45] bnqxbt : I would prefer it, if they accept it, it wont affect eth either, it will take some time, just as much either decision comes, eth is going for 7k then over 10k
[2024-05-11 11:43:19] bnqxbt : skip the nonsense, and just buy eth for the long run
[2024-05-11 11:44:02] doublecheese : bnqxbt: I already have my eth bags. However I don't expect anything more than 10k this cycle.
[2024-05-11 11:44:20] bnqxbt : people are just going absolutely brainwashed about etf and their importance, even if btc didn't get etf's it would be here
[2024-05-11 11:44:45] jjhiijiji : i just want to be clear
[2024-05-11 11:44:55] jjhiijiji : TA is not useless nor do i disreguard it completely
[2024-05-11 11:45:07] jjhiijiji : however it is not what determiens the general trends of the markets in general
[2024-05-11 11:45:22] jjhiijiji : its useful for entering and exiting positions and trading for sure
[2024-05-11 11:45:36] jjhiijiji : but when it comes down to what is actually causing the movements inthe markets
[2024-05-11 11:45:38] jjhiijiji : its not TA
[2024-05-11 11:45:40] jjhiijiji : its fundamentals
[2024-05-11 11:46:07] jjhiijiji : so best use fundamentals to determine overall market environment and whether an asset will perform well or not
[2024-05-11 11:46:13] jjhiijiji : and use TA to trade it
[2024-05-11 11:46:21] jjhiijiji : TA is not what moves markets
[2024-05-11 11:46:26] jjhiijiji : markets cause PA
[2024-05-11 11:46:29] jjhiijiji : not the other way around
[2024-05-11 11:47:07] iam2late : anyone here hunting maker fees?
[2024-05-11 11:47:31] bnqxbt : doublecheese: btc usecase it's a hedge agianst fiat purchasing power loss, it's safe and transparent. it's international, and you don't have to worry about carrying tons of gold. it is not for daily monetary use, it's wealth management
[2024-05-11 11:48:06] bnqxbt : if you have money or assets in a centralized bank, you can still be defaulted on
[2024-05-11 11:48:27] bnqxbt : btc is TRUST
[2024-05-11 11:48:45] bnqxbt : only fundamental thing you need to trade on btc
[2024-05-11 11:49:04] bnqxbt : like bluemaster is doing, just fucking hold
[2024-05-11 11:49:54] BMEXcheers : i realised something today
[2024-05-11 11:49:59] BMEXcheers : a turning point, as you will
[2024-05-11 11:50:11] BMEXcheers : bmex has lower volume than some of my shit coins which are pretty much dead
[2024-05-11 11:50:13] BMEXcheers : :¬)
[2024-05-11 11:50:39] bnqxbt : don't be fooled, bmex is the next btc
[2024-05-11 11:50:50] BMEXcheers : i have a bag, i am dreaming
[2024-05-11 11:50:52] BMEXcheers : :¬)
[2024-05-11 11:50:55] doublecheese : bnqxbt: soon it will only become good for the rich, as fees are gonna skyrocket in the future. Still useless for the working class.
[2024-05-11 11:51:02] BMEXcheers : i am also surprised
[2024-05-11 11:51:14] bnqxbt : like a friend of mine was criticizing btc, anyone can copy it, why it can't have value... hahaha
[2024-05-11 11:51:26] bnqxbt : ex-friend
[2024-05-11 11:55:51] ninnk : well last night took an unexpected turn
[2024-05-11 11:56:16] ninnk : what started with a farewell joint ended up with me drinking until 7am :kek:
[2024-05-11 11:56:34] ninnk : so anyway no scam pamp yet, which means weekend hasnt really started yet
[2024-05-11 11:56:42] ninnk : fully bully lezgooo
[2024-05-11 11:57:38] jjhiijiji : ninnk: :kek:
[2024-05-11 11:58:00] jjhiijiji : all these people think lines are moving the charts but they dont realize its just larry pulling levers
[2024-05-11 11:58:32] jjhiijiji : ninnk: did you have company?
[2024-05-11 11:58:53] ninnk : https://youtu.be/6axOY4PBusk
[2024-05-11 11:59:11] ninnk : nah :) i was drinking and blasting punk all night long
[2024-05-11 11:59:23] ninnk : nostaliga tripping
[2024-05-11 12:00:15] jjhiijiji : so last spliffy eh? good luck
[2024-05-11 12:00:17] jjhiijiji : truly
[2024-05-11 12:00:36] jjhiijiji : i think its a good move
[2024-05-11 12:03:37] migozelaaa : 50k
[2024-05-11 12:04:58] mr lonely : 80k
[2024-05-11 12:05:34] ninnk : 62k first
[2024-05-11 12:07:02] ninnk : https://www.tradingview.com/x/czly4R7Q/
[2024-05-11 12:07:10] bluemaster : /pnl xbtk24 ``` :bitmex: XBTK24: 0.0006 XBT RPNL, -0.2473 XBT UPNL ```
[2024-05-11 12:07:19] bluemaster : /position xbtk24 ``` :bitmex: XBTK24: 128,300 USD @ 69583.6117 ```
[2024-05-11 12:07:33] bluemaster : go get me beras 😜
[2024-05-11 12:07:47] scraps : seems like all those short positions are going to get stop hunted soon, easy money
[2024-05-11 12:08:09] scraps : 70k whales want back in, consolidation can't last much longer
[2024-05-11 12:09:37] scraps : is autopilot still a feature here to unlock? it's been a while since i've traded here, those who know, know
[2024-05-11 12:09:49] bluemaster : scraps: they can dump but they can not stay down , time chain win every time , fewf kids will learn how to use leverage nothing changed .....
[2024-05-11 12:10:39] scraps : in4 100x rektbot shows up
[2024-05-11 12:11:12] scraps : i have seen 100m $ positions liquidated, and this was when btc was 10k
[2024-05-11 12:12:47] scraps : useda be a group of stop hunters trading on the marker exchanges and here, they wouldn't care, up or down.. put site into autopilot, no one could trade. stops just taken out faster than you can blink
[2024-05-11 12:14:02] scraps : is the lawyer guy still around? and Steve S?
[2024-05-11 12:15:24] jjhiijiji : SteveS has been silent for ages now
[2024-05-11 12:15:31] jjhiijiji : dunno who the lawyer guy is
[2024-05-11 12:15:33] bluemaster : scraps: @SteveS died at 16k https://ac.com.au/upload/steve-6k--history.png
[2024-05-11 12:16:00] scraps : nar he was jetsetting when we hit 20, he'll be around
[2024-05-11 12:16:13] jjhiijiji : bluemaster: :kek:
[2024-05-11 12:16:35] mr lonely : 20k never come again ....buy now or cry later
[2024-05-11 12:17:33] scraps : 20k was gone last year.. we could see a dip to 52 - 54k after this local leg up,, either that or we run
[2024-05-11 12:18:17] bluemaster : I am back to my Hopium https://ac.com.au/upload/sp/hopium.jpg
[2024-05-11 12:18:31] mr lonely : after 60k we r going direct 84k
[2024-05-11 12:19:24] scraps : 61.1k's the magic number, we hit that and hold it a minute, orders will stack hard
[2024-05-11 12:20:10] bluemaster : mr lonely: we going nowhere before this turd is gone https://www.ac.com.au/upload/turd.jpg
[2024-05-11 12:20:35] scraps : @bluemaster i do remember your name but i dont think we connected outside the trollbox
[2024-05-11 12:21:04] bluemaster : scraps: I don;t connect with anyone ...........
[2024-05-11 12:21:05] scraps : but my friend the NY lawyer, i'd love to chat with him, his alias eludes me at this minute
[2024-05-11 12:22:31] scraps : and the trucky who lived off grid, drove a volvo.. he was another good guy
[2024-05-11 12:23:30] scraps : its good to see teh trollbox has calmed down these days 😄
[2024-05-11 12:24:43] bluemaster : scraps: only @own @Balanced @Eluus and that stupid pessimistic chinese @hongxia0 left here ....
[2024-05-11 12:25:52] "it will be........" : bluemaster: lol
[2024-05-11 12:27:22] scraps : yes, eluus might be the lawyer i was thinking of
[2024-05-11 12:27:30] scraps : i might have couple of old screenys
[2024-05-11 12:27:34] scraps : lemme check
[2024-05-11 12:28:22] jjhiijiji : scraps: ur saying at 61.1k we will pump?
[2024-05-11 12:30:00] kchaitanya : I am stuck at 63600, pamp it Larrryyyyyyyyy
[2024-05-11 12:30:12] PeacenLuv : pumpitt btc lezgoo
[2024-05-11 12:30:40] kchaitanya : jjhiijiji: :DOGE: :DOGE: :DOGE:
[2024-05-11 12:31:02] jjhiijiji : kchaitanya: im also stuck ;<
[2024-05-11 12:31:15] jjhiijiji : is ur liq below 50?
[2024-05-11 12:31:21] scraps : charts say thats a local leg up if it breaks upwards yes
[2024-05-11 12:31:38] kchaitanya : jjhiijiji: my liquidation is at 50700
[2024-05-11 12:31:47] scraps : 61.161 or something
[2024-05-11 12:31:57] PeacenLuv : https://www.tradingview.com/x/y0dD67ll/ 5min bully btc
[2024-05-11 12:35:34] jjhiijiji : kchaitanya: good luck to both of us
[2024-05-11 12:35:50] jjhiijiji : may larry shine his light upon us
[2024-05-11 12:35:53] kchaitanya : ye man hope we survive @jjhiijiji
[2024-05-11 12:36:09] kchaitanya : i think monday asia monring would be crucial
[2024-05-11 12:36:20] scraps : i'm 99% sure it was eluus i am thinking of anyway.. ask him if he remembers a kid called scraps trading back in 2016/17/18
[2024-05-11 12:36:27] scraps : next time you see him
[2024-05-11 12:36:34] jjhiijiji : Eluus comes in randomly every now and then
[2024-05-11 12:36:36] jjhiijiji : but not too often
[2024-05-11 12:36:45] jjhiijiji : ill try remember
[2024-05-11 12:36:47] scraps : he gave me some good advice, helped me a lot
[2024-05-11 12:37:35] scraps : yeh he was always busy with work, if he wasn't working he was in the trollbox he told me 😆
[2024-05-11 12:38:26] scraps : thanks jj
[2024-05-11 12:39:11] jjhiijiji : no worries :)
[2024-05-11 12:40:23] scraps : if he vagley remembers me, tell him the guy who sold newspapers :P
[2024-05-11 12:40:41] jjhiijiji : ok im taking a screenshot ill just send him this
[2024-05-11 12:40:59] jjhiijiji : what makes you think theres an upcoming local pump btw?
[2024-05-11 12:41:05] jjhiijiji : im curious
[2024-05-11 12:41:16] scraps : reading the 15min chart, following patterns
[2024-05-11 12:41:28] scraps : just keeping an eye on stochRSI right now
[2024-05-11 12:42:15] hehe MOON : Are ya winning yet bearas?
[2024-05-11 12:42:19] hehe MOON : When 10k?
[2024-05-11 12:42:24] jjhiijiji : stochRSI is almost peaked though implies a small drop coming next
[2024-05-11 12:42:28] scraps : if the silent stop hunting crew still play the marker exchanges, i'd say they are going after all those shorts
[2024-05-11 12:42:51] jjhiijiji : ive been betting on the hunting crew stopping the shorts for almost 2 weeks now
[2024-05-11 12:42:57] jjhiijiji : stupid amount of liqs in 70s
[2024-05-11 12:43:01] jjhiijiji : but it never happened
[2024-05-11 12:43:07] jjhiijiji : just kept dumping with lower highs
[2024-05-11 12:43:27] jjhiijiji : there was like 10 - 13 bil worth of shortsl last week and bog never went up to liq them. feels weird
[2024-05-11 12:43:55] scraps : XBT24 would be where the money is though
[2024-05-11 12:44:24] scraps : noobies love futures, and losses
[2024-05-11 12:45:09] scraps : most classic i ever saw, some idiot bought the entire book at market sent futures to 70k when it was 10k
[2024-05-11 12:46:25] scraps : it feels weird talking about billions like that, when it useda be millions (leverage excluded)
[2024-05-11 12:46:30] scraps : :P
[2024-05-11 12:48:13] scraps : iirc you recommended running imacs or something to beef up their system against autopilot feature
[2024-05-11 12:49:44] scraps : there is key differences with this halvening, prices high enough miners dont need to dump, they can just trickle away and pay their bills