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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[2015-12-19 16:21:32] wurstgelee : finally, volatility
[2015-12-19 16:21:32] irbbqu : auch guys
[2015-12-19 16:21:40] REKT : Liquidated long on XBT7D: Sell 700 @ 458.48
[2015-12-19 16:21:40] REKT : Liquidated long on XBT24H: Sell 7593 @ 453.28
[2015-12-19 16:21:57] wurstgelee : will 3000 hold?
[2015-12-19 16:22:23] laisee : market wakes up
[2015-12-19 16:22:39] gustavo7 : now thats the bitcoin i missed
[2015-12-19 16:22:40] TschavaTschigger : great, had a typo in my bot <.< -0.6 btc haha
[2015-12-19 16:22:47] TschavaTschigger : -0.6 btc :D
[2015-12-19 16:22:52] TschavaTschigger : oopsi
[2015-12-19 16:22:58] wurstgelee : hehe
[2015-12-19 16:23:09] wurstgelee : got rid of my long with a smaller loss
[2015-12-19 16:23:30] wurstgelee : btfd as usual ;)
[2015-12-19 16:26:48] irbbqu : yea about that
[2015-12-19 16:27:41] irbbqu : 7d boolish as fuck
[2015-12-19 16:27:50] wurstgelee : 1 or 0?
[2015-12-19 16:28:02] wurstgelee : true or false?
[2015-12-19 16:28:04] wurstgelee : :p
[2015-12-19 16:28:13] laisee : XOR?
[2015-12-19 16:29:10] REKT : Liquidated short on XBT24H: Buy 3940 @ 456.63
[2015-12-19 16:29:39] wurstgelee : k btfd long gone
[2015-12-19 16:29:42] messiaen8844 : I like this cantle
[2015-12-19 16:29:44] messiaen8844 : *candle
[2015-12-19 16:29:45] messiaen8844 : https://www.tradingview.com/x/Xci8nRC1/
[2015-12-19 16:30:37] wurstgelee : 0.0031 XBT
[2015-12-19 16:30:40] wurstgelee : realised PNL
[2015-12-19 16:30:41] wurstgelee : lol
[2015-12-19 16:30:46] wurstgelee : big money was made
[2015-12-19 16:31:02] irbbqu : ^^
[2015-12-19 16:31:32] laisee : don't spend it all on lap dances and intoxicants
[2015-12-19 16:31:45] wurstgelee : for what else?
[2015-12-19 16:32:43] laisee : saving for rainy day, ofc
[2015-12-19 16:33:10] wurstgelee : rainy day lapdances and intoxicants, ofc
[2015-12-19 16:33:41] laisee : got it all covered.
[2015-12-19 16:33:56] wurstgelee : gotto go outside an fetch some groceries, wait with next dump until i am back please ;)
[2015-12-19 16:33:57] wurstgelee : bbl
[2015-12-19 16:40:37] zanza : wurstgelee: get a new Yacht?
[2015-12-19 17:32:46] justinlooking : grrr
[2015-12-19 17:33:14] Swedishnut : Whats up Tony? You Grrr-Eat!?
[2015-12-19 17:33:26] justinlooking : I'm a bear not a tiger!
[2015-12-19 17:34:37] justinlooking : a bear that has chased okc offers for nearly $10 :(
[2015-12-19 17:36:29] Swedishnut : market has been pretty wild lately
[2015-12-19 17:38:23] messiaen8844 : how
[2015-12-19 17:38:50] messiaen8844 : so?
[2015-12-19 17:39:23] justinlooking : +40% in 30 days goes some way to explaining it
[2015-12-19 17:40:48] messiaen8844 : "lately" and "wild" can have many meanings (and time frames)
[2015-12-19 17:41:06] messiaen8844 : it's trending, not that wild. Wild is when we don't have a direction and it goes all Seek and De
[2015-12-19 17:41:11] messiaen8844 : Search and Destroy
[2015-12-19 17:42:27] messiaen8844 : those scenarios where people keep losing money because signals are contradictory and not cle
[2015-12-19 17:52:59] messiaen8844 : best analysis: https://www.tradingview.com/x/zv7rv5Zg/
[2015-12-19 17:55:41] wurstgelee : haha
[2015-12-19 17:55:47] habibi : looks fair enought
[2015-12-19 17:56:06] wurstgelee : oh noes, pooping dinosaur pattern
[2015-12-19 17:56:54] habibi : but dinos died off at end so
[2015-12-19 17:57:08] wurstgelee : yep
[2015-12-19 17:57:22] wurstgelee : starting to think this will dump again soon
[2015-12-19 17:57:27] wurstgelee : past 3000 this time
[2015-12-19 17:59:44] justinlooking : wurstgelee: yup, altho can't seem to make a profit on a short so going back to buying dips
[2015-12-19 18:00:00] wurstgelee : haha, thats my problem too
[2015-12-19 18:00:03] wurstgelee : i suck at shorting
[2015-12-19 18:00:09] wurstgelee : i am better @ btfd
[2015-12-19 18:02:04] podizzle3k : thats becaus going against the trend is suicide
[2015-12-19 18:02:14] podizzle3k : its like going long in 2014
[2015-12-19 18:02:21] podizzle3k : and first half of 2015
[2015-12-19 18:02:30] TschavaTschigger : or now
[2015-12-19 18:02:52] podizzle3k : or now? haha my 24hr realized profit suggests otherwise
[2015-12-19 18:03:12] TschavaTschigger : you made profit last 24h? congratulations
[2015-12-19 18:03:34] podizzle3k : ive been long since september
[2015-12-19 18:03:39] podizzle3k : hasnt failed yet
[2015-12-19 18:03:59] wurstgelee : podizzle3k: cept when you ecided that 1000% ROE is not enough ;)
[2015-12-19 18:04:02] wurstgelee : *d
[2015-12-19 18:04:12] podizzle3k : even then i was up on the week
[2015-12-19 18:04:20] podizzle3k : just not nearly as much as could have been
[2015-12-19 18:04:52] REKT : Liquidated short on XBT24H: Buy 470 @ 461.99
[2015-12-19 18:05:00] podizzle3k : 1000% became 150% pretty much
[2015-12-19 18:05:08] podizzle3k : a pathetic 150% ;)
[2015-12-19 18:05:11] wurstgelee : hehe
[2015-12-19 18:05:42] podizzle3k : at the time i didnt know how withheld profit worked so i thought i was completely rekt
[2015-12-19 18:05:47] podizzle3k : thank god for withheld profit
[2015-12-19 18:05:50] podizzle3k : save me from myself
[2015-12-19 18:11:38] messiaen8844 : take partial profits, then let the position run itself with a stop on breakeven
[2015-12-19 18:12:31] messiaen8844 : or adjusting the stop up as profits increase
[2015-12-19 18:27:20] podizzle3k : china futures holding, spot goin down. whats the deal
[2015-12-19 18:28:05] wurstgelee : i am wondering
[2015-12-19 18:28:11] podizzle3k : oh cryptowatch is broke on okcoin
[2015-12-19 18:28:18] wurstgelee : haha
[2015-12-19 18:28:23] podizzle3k : there it goes
[2015-12-19 18:28:38] habibi : https://www.okcoin.cn/market.do use it instead
[2015-12-19 18:28:43] podizzle3k : thats always scary when it drops out in th emiddle of a dump
[2015-12-19 18:28:56] podizzle3k : always makes me think its going to reappear 1000cny lower
[2015-12-19 18:29:24] podizzle3k : yeah habibi i usually do i just dont care enough atm to chart watch
[2015-12-19 18:29:43] podizzle3k : been cutting back
[2015-12-19 18:29:46] podizzle3k : save my health a bit
[2015-12-19 18:42:51] habibi : lol just noticed someones 25k contracts get rekt
[2015-12-19 18:50:19] zanza : BTFD /blink
[2015-12-19 19:26:35] jesperf : blink and it's gone
[2015-12-19 19:40:58] Swedishnut : break out of 3060 a bit?
[2015-12-19 19:41:51] justinlooking : just closing last of shorts so expecting a dump
[2015-12-19 20:00:57] messiaen8844 : Bitcoin NSFW
[2015-12-19 20:00:58] messiaen8844 : https://www.tradingview.com/x/n52qrCZt/
[2015-12-19 21:10:04] podizzle3k : someone pump the butt i want to cash out
[2015-12-19 21:17:08] wurstgelee : how much do i need to pump it?
[2015-12-19 21:19:22] Swedishnut : 20$ should do :P
[2015-12-19 21:19:36] wurstgelee : hehe
[2015-12-19 21:37:35] zanza : AmericanPegasus has the best bitcoin chart
[2015-12-19 21:50:56] podizzle3k : im pumping it
[2015-12-19 21:50:59] podizzle3k : got sick of waiting
[2015-12-19 21:51:05] podizzle3k : gonna take it to 3190
[2015-12-19 21:51:08] wurstgelee : haha
[2015-12-19 21:51:32] podizzle3k : $100 ought to do it
[2015-12-19 22:00:38] wurstgelee : podizzle3k: $1 achieved, $99 to go
[2015-12-19 22:00:53] wurstgelee : mh, not even a $
[2015-12-19 22:01:02] podizzle3k : no i meant im putting $100 in total
[2015-12-19 22:01:07] podizzle3k : to pump it to 3100cny
[2015-12-19 22:05:38] wurstgelee : i see
[2015-12-19 22:06:31] Swedishnut : podizzle your dollar goes a long way
[2015-12-19 22:12:54] podizzle3k : well people seem my buying pattern and join in. its contagious like a psy video
[2015-12-19 22:13:13] podizzle3k : somehow i bought 7d and 24hr at the same time yet my 7d is 40% ahead
[2015-12-19 22:14:24] habibi : probally u bought just after settlement
[2015-12-19 22:14:52] wurstgelee : funny that 7d still has $2.5 premium over 25 Dec
[2015-12-19 22:15:18] habibi : u mean 10$
[2015-12-19 22:15:22] habibi : at last price
[2015-12-19 22:15:38] wurstgelee : ah yes, asks ofc
[2015-12-19 22:15:49] wurstgelee : bids even more
[2015-12-19 22:16:25] wurstgelee : fair price has $2.5 difference too tho
[2015-12-19 22:16:36] wurstgelee : or even 3
[2015-12-19 23:05:01] dr.rock : what the good word? first day on here. any advice for a rookie?
[2015-12-19 23:08:11] thebigmac : avoid being liquidated that shit wipes out your whole account
[2015-12-19 23:08:21] micmix : dr.rock: this place is a bit more advanced than regular bitcoin exchnages. make sure you understand the difference between isolated and cross margin: https://www.bitmex.com/app/isolatedMargin
[2015-12-19 23:11:41] dr.rock : super helpful stuff thanks
[2015-12-19 23:11:57] habibi : dont use isolated, just play on small leverage compared to whole ur account balance
[2015-12-19 23:13:57] laisee : make sure you get clear 20-25% profit on a trade or fees might result in loss.
[2015-12-19 23:14:35] sleger : doesnt make sense to not use high leverage here, because you then pay the option for people who use high leverage and create DPE
[2015-12-19 23:16:32] laisee : take time to enjoy the wit & repartee between rapidtrades & sleger.
[2015-12-19 23:17:45] justinlooking : sleger: what is high leverage tho? 100x is ridiculous and will get you rekt pdq
[2015-12-19 23:18:38] sleger : take isolate margin position on big market moves. If goes in your favor profit, if not then repeat
[2015-12-19 23:19:16] wurstgelee : isolated+some manual margin as safety works as well
[2015-12-19 23:20:12] rapidtrades : sleger: I would expect them to close that loophole....seems like a license to steal for the whales
[2015-12-19 23:20:51] sleger : thats not a loophole thats part of the rules, and according to the owners, that is the reason why they have the volume they do.
[2015-12-19 23:21:01] wurstgelee : lol @ loophole
[2015-12-19 23:21:09] justinlooking : i still don't get how you guys think dpe is exploitable...
[2015-12-19 23:21:18] rapidtrades : sleger: it is a loophole..u just stated it urself
[2015-12-19 23:21:19] justinlooking : or is it a joke?
[2015-12-19 23:21:34] sleger : justinlooking: of course it is, it is an option
[2015-12-19 23:21:40] sleger : the higher the volatility the higher its value
[2015-12-19 23:21:46] sleger : thats why it happens on high vol mostly
[2015-12-19 23:22:02] sleger : i dont remember using the word loophole though.
[2015-12-19 23:22:10] sleger : Got to go see star wars now bye
[2015-12-19 23:22:16] wurstgelee : hf
[2015-12-19 23:22:16] justinlooking : have fun
[2015-12-19 23:22:37] dr.rock : sry what is dpe?
[2015-12-19 23:22:44] rapidtrades : clawback
[2015-12-19 23:22:44] justinlooking : soclialised losses
[2015-12-19 23:23:05] wurstgelee : it's currently 0.00% tho
[2015-12-19 23:23:21] wurstgelee : it is most of the days, we had days with 30+% as well tho
[2015-12-19 23:23:24] wurstgelee : 2 iirc
[2015-12-19 23:23:31] wurstgelee : in the last weeks
[2015-12-19 23:23:49] justinlooking : wurstgelee: do you get how it's exploitable?
[2015-12-19 23:23:55] rapidtrades : the two were in the past 10 days if im not mistaken
[2015-12-19 23:23:55] wurstgelee : no
[2015-12-19 23:24:05] wurstgelee : rapidtrades: probably
[2015-12-19 23:24:24] justinlooking : rapidtrades: can you explain it in terms an idiot could understand, coz i just don't get it...
[2015-12-19 23:24:55] rapidtrades : justinlooking: dpe is not exploitable but u his point was if u don't use it, u'll end up paying it
[2015-12-19 23:25:07] rapidtrades : if u don't use isolate margin
[2015-12-19 23:25:53] wurstgelee : that makes no sense
[2015-12-19 23:25:54] rapidtrades : basically whenever large moves happen isolate will cap ur loss...while on the other side suckers will pay DPE even if they're right
[2015-12-19 23:26:31] wurstgelee : i get what youre trying to say tho
[2015-12-19 23:26:35] rapidtrades : it's more of a ''make the best of a bad situation'
[2015-12-19 23:26:37] wurstgelee : but thats not eploiting at all
[2015-12-19 23:26:40] wurstgelee : yes
[2015-12-19 23:26:44] rapidtrades : sleger said it not me
[2015-12-19 23:27:20] wurstgelee : ok, 7:30 am in china, bring it
[2015-12-19 23:27:30] wurstgelee : such boredom :|
[2015-12-19 23:27:41] rapidtrades : he's prolly right tho, if it's true that he trades 50k+ contracts, using isolate is a major help for him
[2015-12-19 23:28:01] wurstgelee : ofc it is, but imo it also helps with smaller positions
[2015-12-19 23:28:14] wurstgelee : since losses and wins a proportional to position size ofc
[2015-12-19 23:31:39] j8 : he's saying you can take advantage of fixed liability and unlimited potential gains
[2015-12-19 23:32:15] wurstgelee : that.
[2015-12-19 23:33:10] j8 : in that way it's like an option. the penalty for being liquidated is like the premium you pay, it's quite large but in high enough volatility it could be worth it
[2015-12-19 23:35:02] laisee : j8: > exactly. 100X with isolated is like a binary option combined with satoshidice ...
[2015-12-19 23:35:31] wurstgelee : haha
[2015-12-19 23:35:32] laisee : especially if you trade just b4 settlement.
[2015-12-19 23:35:42] wurstgelee : should be less random than dice tho
[2015-12-19 23:35:45] wurstgelee : unless you suck
[2015-12-19 23:35:46] wurstgelee : =)
[2015-12-19 23:36:00] laisee : ... supreme dice skills ...
[2015-12-19 23:36:26] laisee : I miss just-dice.com
[2015-12-19 23:36:26] wurstgelee : i do use isolated but add some manual margin, ~ 0.01 per 1k contracts
[2015-12-19 23:37:04] wurstgelee : reduces the risk to get mc due to completely random ups and downs
[2015-12-19 23:37:07] j8 : you could sell as much as you want to yourself on a separate account and isolate both
[2015-12-19 23:37:37] wurstgelee : or open to accounts and go long in one, short in the other in high vol times
[2015-12-19 23:37:41] wurstgelee : both isolated offc
[2015-12-19 23:37:55] wurstgelee : burn one account, $$$ in the other ;)
[2015-12-19 23:38:03] wurstgelee : *two not to
[2015-12-19 23:39:25] wurstgelee : the risk getting mc in both isnt worth it ofc
[2015-12-19 23:39:27] micmix : about the dice skills: our MM uses a model with uninformed traders and noisily informed traders. Uninformed trader is a trader who cannot predict the price movement (basically places random bets). So BitMEX has over 75% uninformed traders according to our model :-)
[2015-12-19 23:39:43] wurstgelee : lol
[2015-12-19 23:39:47] wurstgelee : :D
[2015-12-19 23:40:05] micmix : talking about short term moves on daily
[2015-12-19 23:40:47] micmix : didn't do modeling on longer time frames yet
[2015-12-19 23:40:57] TschavaTschigger : what exactly is the difference between "noisy traders" and "uninformed traders"?
[2015-12-19 23:41:45] micmix : noisily informed trader is a trader who can predict the price with some normally distributed error (noise)
[2015-12-19 23:42:21] wurstgelee : have u some variation in accuracy for the noisily informed traders?
[2015-12-19 23:42:28] TschavaTschigger : pretty irritating. in financial context, a noise-trader is someone who trades on noise = misinformation
[2015-12-19 23:42:29] wurstgelee : or do u assume the same for all?
[2015-12-19 23:42:37] TschavaTschigger : which is basically the definition of an uninformed trader
[2015-12-19 23:42:46] wurstgelee : just curious, no if u dont want to tell
[2015-12-19 23:42:48] wurstgelee : =)
[2015-12-19 23:42:53] wurstgelee : *no problem
[2015-12-19 23:43:03] micmix : noisily informed trader is a common term in econophysics
[2015-12-19 23:43:34] rapidtrades : micmix: is 75% low or high compared to okc futures for example?
[2015-12-19 23:45:27] micmix : wurstgelee: sorry, don't understand the question. each noisily informed trader has its own error distribution (basically some are better than others)
[2015-12-19 23:45:50] wurstgelee : that was the answer to my question ;)
[2015-12-19 23:45:58] micmix : rapidtrades: 75% is high, okc is about 60%
[2015-12-19 23:45:58] rapidtrades : micmix: and rapid is the best! our data confirms this
[2015-12-19 23:46:24] wurstgelee : rapidtrades: youre the rolemodel for the noisily informed trader with 100% error ;)
[2015-12-19 23:46:36] micmix : it's not like we know who is better and who is not, it's modeled as an aggregate
[2015-12-19 23:46:59] j8 : hey 100% error is zero noise
[2015-12-19 23:47:01] rapidtrades : micmix: how about bitfinex and okc spot usd?
[2015-12-19 23:47:06] wurstgelee : j8: lol, good point
[2015-12-19 23:48:10] micmix : don't remember the numbers but I think BitMEX is one of the highest. okcoin spot is a different beast, we use other models on okc spot
[2015-12-19 23:48:32] micmix : okc spot btc/cny I mean
[2015-12-19 23:49:17] micmix : maybe Bitmex is like that because of the quanto futures and very strong long preference
[2015-12-19 23:49:25] rapidtrades : micmix: I think the quanto structure prolly plays a part here...it pays more to be long so...yes
[2015-12-19 23:49:35] rapidtrades : I was just tying th
[2015-12-19 23:49:45] rapidtrades : typing *
[2015-12-19 23:52:00] micmix : both huobi and okc btc/cny is 90% controlled by bots, informed trader models don't work there
[2015-12-19 23:52:34] micmix : basic mean-reversal MM works better
[2015-12-19 23:52:53] j8 : there is definitely a long bias here. i think its party because the market has only existed in an uptrend though
[2015-12-19 23:53:19] rapidtrades : micmix: do u think okc futures lead spot or the other way around? any data on this?
[2015-12-19 23:56:35] micmix : spot leads most often but it's not a reliable indicator for human traders anyway
[2015-12-19 23:56:42] BitMEX_Wally : We know that the tail must wag the dog, for the horse is drawn by the cart;
[2015-12-19 23:56:42] wurstgelee : btc is such a tease....
[2015-12-19 23:56:58] BitMEX_Wally : But the Devil whoops, as he whooped of old: "It's clever, but is it Art ?"
[2015-12-19 23:57:24] wurstgelee : BitMEX_Wally: lol. did u have a few drinks? ;)
[2015-12-19 23:57:35] justinlooking : haha wtf wally
[2015-12-19 23:57:38] micmix : you can't beat the bots at their game :-)
[2015-12-19 23:58:20] rapidtrades : micmix: yeah that's why I was asking..u would think that 90% would be exploitable
[2015-12-19 23:58:33] rapidtrades : *90% bots
[2015-12-19 23:58:51] micmix : what Wally means is that saying that futures lead spot is like saying tail wags the dog, or vice versa, your choice :-)
[2015-12-19 23:59:21] rapidtrades : yeah but futures volume dwarfs spot...it's not even comparable
[2015-12-19 23:59:53] micmix : i know nothing about finance, have masters in physics :-)
[2015-12-20 00:02:14] BitMEX_Wally : I'm a fan of Kipling poems :)
[2015-12-20 00:03:16] micmix : BitMEX_Wally: what are you doing here on the weekend with us poor sobs?
[2015-12-20 00:03:27] TschavaTschigger : spot leads futures, no doubt about that. the derivate volume is a tiny fraction of the spot volume. the latter is defining the price, not the former.
[2015-12-20 00:04:05] BitMEX_Wally : micmix: They're always someone online, so we can monitor the system and handle support requests
[2015-12-20 00:04:06] rapidtrades : TschavaTschigger: not true...volume is 20X higher in futures
[2015-12-20 00:04:21] TschavaTschigger : rapidtrades: wrong... this is just the notional value
[2015-12-20 00:04:31] rapidtrades : ur wrong
[2015-12-20 00:04:43] TschavaTschigger : like XBT24H has 6.8k coins turnover in 24 hours ;)
[2015-12-20 00:05:00] micmix : BitMEX_Wally: shift work? that sucks :-(
[2015-12-20 00:05:01] TschavaTschigger : this doesn't mean they are trading 6.8 coins, it is just the notional value of the future
[2015-12-20 00:05:15] rapidtrades : that's what volume means dude....ffs
[2015-12-20 00:06:44] TschavaTschigger : so when I buy a one-day option on a rock-solid stock with zero volatility, out of the money, for one cent, this means I traded 640 dollars, right? (price of the stock)
[2015-12-20 00:07:01] TschavaTschigger : nope, it's just the notional value of the derivative
[2015-12-20 00:07:26] TschavaTschigger : that's why trading volume of derivative markets are misleading
[2015-12-20 00:07:33] rapidtrades : it's not an option...ur misleading
[2015-12-20 00:08:01] micmix : spot lead futures in the real world but we leave in the bitcoin world. I can point to many instances were some manipulation on the futures market influenced spot
[2015-12-20 00:09:01] TschavaTschigger : If some big whales fatfinger or manipulate, sure it will have an effect, no doubt
[2015-12-20 00:09:12] TschavaTschigger : but 95% of the time, if you look at the big movements, it's the spot market
[2015-12-20 00:09:19] micmix : yep
[2015-12-20 00:10:01] rapidtrades : which spot? okc or huobi
[2015-12-20 00:23:42] podizzle3k : okc futures may just be market leader right now
[2015-12-20 00:24:16] TschavaTschigger : podizzle3k: measured by what?
[2015-12-20 00:24:50] wurstgelee : bc candles often show there first
[2015-12-20 00:24:55] wurstgelee : and spot follows
[2015-12-20 00:40:09] jung1 : damn bitcoin hype in media is bigger and bigger
[2015-12-20 00:40:20] jung1 : '16 will be awesome
[2015-12-20 00:41:51] habibi : normally when there's media attention-hype its sing to get out
[2015-12-20 00:44:25] jung1 : yeah if your cab driver say to buy some shares its best time to sell it
[2015-12-20 00:46:26] jung1 : http://i.imgur.com/jLnrOuK.gif according to this bitcoin should cost around 2600
[2015-12-20 00:50:03] habibi : yea, satoshidice is a best btc promoting service all over. u know big % are satoshi dice txs?
[2015-12-20 00:56:11] jung1 : shure
[2015-12-20 01:07:15] podizzle3k : jung1 a lot of transactions are faked too
[2015-12-20 01:07:41] podizzle3k : still i think its bullish indicator
[2015-12-20 01:09:05] podizzle3k : most likely just people "testing" the network by sending coins to themself
[2015-12-20 01:09:24] podizzle3k : testing or trying to fuck
[2015-12-20 01:09:28] podizzle3k : depending on how you see it
[2015-12-20 01:15:06] jung1 : yeah but you know its one of indicators that show networks health
[2015-12-20 01:15:14] jung1 : hashrate grow as well
[2015-12-20 01:15:51] habibi : u know that means nothing more than new generations of asics?
[2015-12-20 01:24:31] REKT : Liquidated long on XBT24H: Sell 1910 @ 459.70
[2015-12-20 01:30:42] REKT : Liquidated long on XBT7D: Sell 500 @ 465.20
[2015-12-20 01:30:52] REKT : Liquidated long on XBTH16: Sell 10 @ 581.99
[2015-12-20 01:32:12] REKT : Liquidated long on XBT24H: Sell 2000 @ 459.40
[2015-12-20 02:24:53] REKT : Liquidated long on XBT24H: Sell 34 @ 458.13
[2015-12-20 02:33:03] REKT : Liquidated long on XBT7D: Sell 500 @ 461.32
[2015-12-20 03:35:21] laisee : hype cycle fro tech: https://upload.wikimedia.org/wikipedia/commons/b/bf/Hype-Cycle-General.png
[2015-12-20 03:47:18] micmix : laisee: are we at the end of through of disillusionment?
[2015-12-20 03:48:09] micmix : or still sliding down?
[2015-12-20 03:48:20] laisee : hard to say
[2015-12-20 03:48:37] laisee : still sliding down according to Gartner
[2015-12-20 03:48:50] laisee : this article quite good: https://www.mediadecoded.com/bitcoin-beware-the-hype-cycle/
[2015-12-20 03:50:31] micmix : "The following is an excerpt from “Bitcoin: The Future of Money?” published in November 2014." - so in the through now or just started to climb up I would guess
[2015-12-20 03:52:51] micmix : the problem is that some technologies never climb up. are you old enough to remember the Segway hype?
[2015-12-20 03:56:06] podizzle3k : segway whats that something my grandpa used to ride?
[2015-12-20 04:11:33] micmix : :-) It was supposed to be a revolution in personal transportation. We were going to ride Segway everywhere, it was supposed to make cars and public transportation obsolete. Reminds you of anything? :-) The hype was enormous
[2015-12-20 04:13:15] micmix : http://blogs.wsj.com/digits/2010/09/27/from-hype-to-disaster-segways-timeline/ for anyone interested
[2015-12-20 04:15:21] laisee : segway still used some places but not the big deal it was hyped to be ...
[2015-12-20 04:16:47] micmix : yep, that's what could happen with bitcoin I'm afraid
[2015-12-20 04:17:01] podizzle3k : dunno about that but i do remember a time when there wasnt even 4g. everyone had to use something called '3 g' it was horrible. but you are all too young to remember that
[2015-12-20 04:18:20] laisee : sounds too primitive to be true. how did anyone access social media 24X7?
[2015-12-20 04:19:22] micmix : what's that social media you are talking about? is it like a newspaper? :-)
[2015-12-20 04:22:26] AudibleScience : ^^ lol
[2015-12-20 04:25:15] micmix : I want me one of those: https://en.wikipedia.org/wiki/File:2007Computex_e21Forum-MartinCooper.jpg Just imagine, you can call your broker and find out the latest DEC stock price when you're out of the office!
[2015-12-20 04:29:10] AudibleScience : micmix: just imagine what you could fit inside that form factor now though!! I may just have to print a few for fun. lol
[2015-12-20 04:30:23] micmix : yeah, 10-20 ARM CPUs with large enough battery to power them all
[2015-12-20 04:30:44] micmix : ARM-based server farm :-)
[2015-12-20 09:08:30] jung1 : so whats your bets about pump? which month?
[2015-12-20 09:08:44] jung1 : I think we can hit 2k
[2015-12-20 09:09:24] BitMEX_Arthur : jung1: what's your rationale
[2015-12-20 09:09:36] BitMEX_Arthur : as to why it would move that high and what's your time horizon
[2015-12-20 09:13:40] jung1 : 1. btc is undervaluated according to this http://i.imgur.com/jLnrOuK.gif
[2015-12-20 09:14:00] jung1 : 2. more and more articles in mainstream media
[2015-12-20 09:14:15] jung1 : 3. wallstreet
[2015-12-20 09:14:53] jung1 : and it could explode before halving imo
[2015-12-20 09:15:04] 24hourz : It should pump like crazy for halving
[2015-12-20 09:15:21] 24hourz : also think of how bad other fiat currencies will fall compared to the dollar
[2015-12-20 09:15:46] jung1 : will be pump and really painfull drop befor halving imo
[2015-12-20 09:16:15] 24hourz : only the way btc does !!
[2015-12-20 09:16:22] REKT : Liquidated short on XBT24H: Buy 981 @ 460.15
[2015-12-20 09:16:53] BitMEX_Arthur : The other halvings nothing happened
[2015-12-20 09:16:59] messiaen8844 : What if the halvis already priced in?
[2015-12-20 09:17:05] BitMEX_Arthur : I think people might be reading too much into that, but i don't really have a good thesis around that
[2015-12-20 09:18:05] messiaen8844 : I thing mining costs should be studied, right now they might be in hugE profit, but that may change with difficulty skyrocketing
[2015-12-20 09:18:51] jung1 : also fatcom run in 1st quarter of '16
[2015-12-20 09:18:57] BitMEX_Arthur : Has anyone done a study on pre and post halving average tx fee
[2015-12-20 09:19:09] BitMEX_Arthur : fatcom?
[2015-12-20 09:19:37] BitMEX_Arthur : just because miners make half the amount per block doesn't mean the price has to go up
[2015-12-20 09:20:40] jung1 : BitMEX_Arthur: but notice thet now its over 2/3 bitcoins generated so next halvings will affect price
[2015-12-20 09:21:18] BitMEX_Arthur : What date is the halving supposed to happen approximately?
[2015-12-20 09:21:25] jung1 : http://factom.org/
[2015-12-20 09:21:30] messiaen8844 : July?
[2015-12-20 09:21:33] jung1 : end of july
[2015-12-20 09:21:59] jung1 : http://bitcoinclock.com/
[2015-12-20 09:22:35] BitMEX_Arthur : So a Sep16 future would be more interest
[2015-12-20 09:22:38] BitMEX_Arthur : than launching june
[2015-12-20 09:22:53] BitMEX_Arthur : trying to think about whether to list XBTM16 or XBTU16
[2015-12-20 09:23:56] jung1 : yep
[2015-12-20 09:24:07] jung1 : http://www.augur.net/ this will be game changer
[2015-12-20 09:33:18] SnackyCoins : Pervious Game Changers: DRK, ETH, DODGE ;)
[2015-12-20 09:33:45] BitMEX_Arthur : I don't think another alt is going to be a game changer for Bitcoin
[2015-12-20 09:35:26] messiaen8844 : Afair augur will accept any crypto
[2015-12-20 09:36:10] jung1 : yep augur its prediction market. So if it will work it could affect whole modern economy
[2015-12-20 09:37:08] jung1 : I thinkt that in future some other coin will be use for everyday transactions and bitcoin will be for huge transactions, savings and currencyreserve
[2015-12-20 09:38:33] 24hourz : Bitcoin will become a reserve currency. SIdechains will be sued for fialy currency transactions etc
[2015-12-20 09:40:17] SnackyCoins : why does everyone dismiss btc for future use as regular daily currency? we have quite a long way to go before satoshi/penny parity
[2015-12-20 09:41:06] SnackyCoins : we will be panicking to scramble for the 0.00002348 you left in cryptsy before we replace btc
[2015-12-20 09:41:45] jung1 : hope so
[2015-12-20 09:41:46] 24hourz : SnackyCoins: Because the security that the BTC network provides will allow people to feel very secure in storing large amounts of wealth on it. When btc goes up to huge amounts it will make more sense to have quicker transactions on sidechains instead of dealing with mBTC
[2015-12-20 09:41:54] SnackyCoins : like... "thats why they went through all the trouble of making it 7 decimals long to begin with"
[2015-12-20 09:42:26] SnackyCoins : i wish for you to describe to me how dealing with mbtc is any different from dealing with btc
[2015-12-20 09:42:27] jung1 : time
[2015-12-20 09:42:40] SnackyCoins : or dealing with individual satoshis is any different
[2015-12-20 09:42:54] SnackyCoins : it's all psychological/display based
[2015-12-20 09:43:03] SnackyCoins : we can display whatever
[2015-12-20 09:43:10] jung1 : transation time its something to improve
[2015-12-20 09:43:18] rapidtrades : did the coders change the charts code again? memory clogging up to 11 here..have to restart agin
[2015-12-20 09:43:35] jung1 : but there are already coins like dash, bitshares where transactions are more anonymous and faster
[2015-12-20 09:44:02] BitMEX_Arthur : rapidtrades: Send an email to support with the performance issues you are seeing and Sam will take a look
[2015-12-20 09:44:15] jesperf : rapidtrades: which browser are you using? I ran my browser overnight just fine with no issues
[2015-12-20 09:44:37] rapidtrades : firefox
[2015-12-20 09:45:00] jung1 : try vivaldi
[2015-12-20 09:45:14] jung1 : fast, stable and good looking
[2015-12-20 09:45:14] SnackyCoins : chrome is safest browser
[2015-12-20 09:47:45] SnackyCoins : http://arstechnica.com/business/2011/12/chrome-sandboxing-makes-it-the-most-secure-browser-vendor-study-claims/ sandbox beats all the flash 0days, and continues to
[2015-12-20 09:47:48] jung1 : bitmex should make a web browser
[2015-12-20 09:48:10] SnackyCoins : nobody else has a sandbox except maybe vivaldi which i have not heard of :)
[2015-12-20 09:48:28] SnackyCoins : firefox is so bad at security they stopped shipping flash with the browser
[2015-12-20 09:48:36] messiaen8844 : jung1: maybe an OS
[2015-12-20 09:49:03] messiaen8844 : A rapidtrading platform
[2015-12-20 09:50:19] jung1 : vivaldi is made by ex mozilla ceo
[2015-12-20 09:50:22] jung1 : still beta now
[2015-12-20 09:50:30] jung1 : all chrome plugins work
[2015-12-20 09:51:46] SnackyCoins : i don't use a lot of plugins, try not to
[2015-12-20 09:52:02] SnackyCoins : browser is the most critical peice of software on a machine, i dont want to add code to it
[2015-12-20 09:52:47] SnackyCoins : sounds neat though maybe he is building in a lot of the features.. will look 8) i use chromium though personally
[2015-12-20 09:52:50] SnackyCoins : chrome minus google
[2015-12-20 09:53:19] SnackyCoins : but unless you are on linux, you will have to install updates yourself which is a pain in the ass and oh-so-critical
[2015-12-20 09:53:32] SnackyCoins : linux pulls from the repo like all other updates
[2015-12-20 09:53:53] jung1 : 2016 will be linux year
[2015-12-20 09:53:58] jung1 : ;)
[2015-12-20 10:01:51] SnackyCoins : how many linux users you meet that hate their OS? how many windows users hate theirs? 8)
[2015-12-20 10:02:26] SnackyCoins : betcha any of the bitcoin chats have willing and helpful linux users to answer questions 8)
[2015-12-20 10:02:54] jung1 : most of users dont give a f about this. linux is good but not so user friendly. windows is user friendly but not so good.
[2015-12-20 10:03:30] SnackyCoins : it's plenty friendly it's just not what has been learned already ;)
[2015-12-20 10:04:54] SnackyCoins : example: mac osx is linux based. this is often regarded as more friendly than windows
[2015-12-20 10:05:21] SnackyCoins : https://elementary.io/ you can even have it look like a mac
[2015-12-20 10:06:40] jung1 : yeah but you have to be patient and have some knowledge to make it works
[2015-12-20 10:39:13] 24hourz : SnackyCoins: Macosx is a freebsd fork basically. So closer to the bell unix than the linux distros that are out there
[2015-12-20 10:40:17] 24hourz : Linux desktops are more user friendly than the new windows os. Printers install without needing a installation file that is huge
[2015-12-20 12:03:30] laisee : go for MacOSX, you get a real unix underneath modern UI. Going back to windows (any one) is very painful after using OSX.
[2015-12-20 12:09:21] cataquil : why does a limit order not fill you at the best price
[2015-12-20 12:09:56] cataquil : if best ask price is 458.37 and limit is 459.00
[2015-12-20 12:10:01] cataquil : fill is 459
[2015-12-20 12:10:25] chromaticcr : look at Execution Price, you may be refering to order price
[2015-12-20 12:13:10] cataquil : indeed I was looking at the wrong thing
[2015-12-20 12:21:51] cataquil : fatt fingered my new orders at rollover
[2015-12-20 12:46:33] TschavaTschigger : just looked at this augur link.. uuuuhm
[2015-12-20 13:02:37] sleger : "SnackyCoins: example: mac osx is linux based" => are you sure ?
[2015-12-20 13:06:25] SnackyCoins : sleger: I was already corrected ;)
[2015-12-20 13:07:11] sleger : damn it... who dares doing my job !
[2015-12-20 13:08:19] SnackyCoins : imo they are still pretty similar
[2015-12-20 13:08:47] SnackyCoins : compared to windows, anyway
[2015-12-20 13:11:51] SnackyCoins : but admittedly i have not owned a mac in over a decade :) limited exp with it
[2015-12-20 13:12:13] j8 : unix based is what you mean to say
[2015-12-20 13:12:48] SnackyCoins : yeah ;)
[2015-12-20 13:15:28] sleger : I have at home 2 headless linux servers (no UI), 2 mac laptops, 2 mac servers (mac mini), 1 windows laptop and advantages are : - linux server, not rebooted since purchase, 2. mac laptops, used for everyday regular use, 3.. mac mini very energy friendly, 4. windows good for the odd software that only runs on windows
[2015-12-20 13:19:22] j8 : sounds about right. anything running in the cloud?
[2015-12-20 13:24:32] wurstgelee : sleger: what do u use the mac mini for? just wondering what its used for which cant be done on linux headless and/or macbooks
[2015-12-20 13:24:57] sleger : 24h up server that requires low computing power, mostly web server
[2015-12-20 13:25:18] SnackyCoins : i have a pi for that
[2015-12-20 13:25:26] SnackyCoins : $35 xD
[2015-12-20 13:25:28] wurstgelee : yep., rpi2 isnt that bad for such usecases
[2015-12-20 13:25:43] wurstgelee : depends on how much load your webserver causes tho
[2015-12-20 13:25:44] sleger : the linux servers are used for high computing power so cant be bothered with intermittent requests. macbooks arent meant to be on 24h a day
[2015-12-20 13:26:08] sleger : they are also used for time capsule backups and some mysql DB replications
[2015-12-20 13:26:08] SnackyCoins : i use mint on my desktop
[2015-12-20 13:26:11] wurstgelee : "cloud". haha. i hate that word
[2015-12-20 13:26:17] wurstgelee : marketing...
[2015-12-20 13:27:10] sleger : the mac mini is an awesome hardware, at a cheap price, very nice packaging, no heat, laptop like power usage etc...
[2015-12-20 13:27:22] SnackyCoins : Internet of "doohickies" ¯\_(ツ)_/¯
[2015-12-20 13:27:24] wurstgelee : yep, i know those, i leke them
[2015-12-20 13:27:27] wurstgelee : like
[2015-12-20 13:27:44] wurstgelee : had a mac mini running for some years
[2015-12-20 13:30:40] j8 : i'm very lost on a windows command line.. at least mac and linux is very similar that way
[2015-12-20 13:34:24] messiaen8844 : I was a heavy DOS user, still do many file stuff on the windows console lol. I miss apt-get on Win :)
[2015-12-20 13:34:35] justinlooking : c'mon borecoin, do something!
[2015-12-20 13:43:27] TschavaTschigger : justinlooking: +1
[2015-12-20 14:22:38] REKT : Liquidated long on XBT24H: Sell 87 @ 456.19
[2015-12-20 14:22:48] REKT : Liquidated long on XBT7D: Sell 100 @ 460.35
[2015-12-20 14:22:48] REKT : Liquidated long on XBT7D: Sell 475 @ 460.35
[2015-12-20 14:22:58] REKT : Liquidated long on XBT24H: Sell 12861 @ 455.61
[2015-12-20 14:23:08] REKT : HODL HODL HODL
[2015-12-20 14:23:08] REKT : Liquidated long on XBT7D: Sell 110 @ 459.78
[2015-12-20 14:44:37] germanjew : Lol where does the HODL HODL HODL come from?
[2015-12-20 14:45:10] habibi : there is a bot telling u what to do, if u follow then u millionare
[2015-12-20 14:45:16] habibi : but dont tell anyone!
[2015-12-20 14:45:21] justinlooking : haha
[2015-12-20 14:45:24] germanjew : haha
[2015-12-20 14:45:28] justinlooking : germanjew: triple long rekt combo i imagine
[2015-12-20 14:46:15] germanjew : like Dota's tripple kill
[2015-12-20 15:00:46] TschavaTschigger : rekt bot incoming
[2015-12-20 15:07:59] REKT : Liquidated short on XBT24H: Buy 200 @ 454.43
[2015-12-20 15:08:56] jung1 : meh
[2015-12-20 15:08:59] jung1 : end of dump?
[2015-12-20 15:14:37] justinlooking : i think so
[2015-12-20 15:51:35] TschavaTschigger : justinlooking: are you working the next days?
[2015-12-20 15:52:22] justinlooking : yeh afraid so
[2015-12-20 15:53:56] TschavaTschigger : well, work = more money to trade
[2015-12-20 15:57:04] justinlooking : true true
[2015-12-20 15:57:57] sleger : = more money for the bots and hong kong strippers
[2015-12-20 16:02:21] justinlooking : i have to go out
[2015-12-20 16:02:39] justinlooking : please defend my okc qrtly stops @ 470
[2015-12-20 16:15:41] REKT : Liquidated long on XBT24H: Sell 16 @ 452.62
[2015-12-20 16:15:41] REKT : Liquidated long on XBT24H: Sell 1 @ 452.64
[2015-12-20 16:15:41] REKT : Big whale detected
[2015-12-20 16:16:01] REKT : Liquidated long on XBT24H: Sell 782 @ 452.22
[2015-12-20 16:16:51] REKT : Liquidated long on XBT7D: Sell 6000 @ 456.75
[2015-12-20 16:20:58] zanza : mm, 3130 could not be broken, back to 2100 ?
[2015-12-20 16:22:31] REKT : Liquidated long on XBT24H: Sell 3135 @ 450.33
[2015-12-20 16:22:54] TschavaTschigger : wow
[2015-12-20 16:23:21] REKT : Liquidated long on XBTZ15: Sell 650 @ 450.58
[2015-12-20 16:23:41] REKT : Liquidated long on XBT24H: Sell 394 @ 445.68
[2015-12-20 16:24:01] REKT : Liquidated long on XBT7D: Sell 4975 @ 449.76
[2015-12-20 16:24:24] jesperf : *eats popcorn*
[2015-12-20 16:25:16] germanjew : Looks like the demon was summoned: 15:34 - justinlooking: c'mon borecoin, do something!
[2015-12-20 16:25:50] chromaticcr : breaks 3000CNY
[2015-12-20 16:26:41] REKT : Liquidated long on XBT24H: Sell 7116 @ 443.60
[2015-12-20 16:27:44] Mido : c-c-c-combo breaker!
[2015-12-20 16:28:11] REKT : Liquidated long on XBT24H: Sell 18603 @ 440.90 <b>MEGA-REKT</b>
[2015-12-20 16:29:27] jesperf : ouchie
[2015-12-20 16:30:02] jesperf : someone really wants to buy some christmas presents with fiat
[2015-12-20 16:30:16] irbbqu : Lambo time
[2015-12-20 16:34:53] sleger : "justinlooking: please defend my okc qrtly stops @ 470" oopsie
[2015-12-20 16:35:14] TschavaTschigger : oh, yeah, sorry didn't read that
[2015-12-20 16:35:20] TschavaTschigger : would have totally done that of course
[2015-12-20 16:35:35] rapidtrades : I thought he was short...dam
[2015-12-20 16:35:46] sleger : i bought some quaterlies @ 461
[2015-12-20 16:35:49] rapidtrades : I defended it upside down
[2015-12-20 16:36:41] REKT : Liquidated short on XBT24H: Buy 17 @ 443.35
[2015-12-20 16:38:05] rapidtrades : I interrupted my dump just to witness another reversal...srsly
[2015-12-20 16:38:18] rapidtrades : earlier it woke me up
[2015-12-20 16:43:23] habibi : what would happen if rapidtrades would start playing against his own indicator?
[2015-12-20 16:43:28] habibi : black hole?
[2015-12-20 16:43:37] habibi : sideways with 1 cny range?
[2015-12-20 16:45:31] REKT : Liquidated long on XBT24H: Sell 1 @ 444.76
[2015-12-20 16:50:03] jesperf : lol
[2015-12-20 16:51:57] BitMEX_Sam : High rollers
[2015-12-20 16:52:02] wurstgelee : :D
[2015-12-20 16:53:15] chromaticcr : If bitmex has a "faucet" button, we can perhaps see a lot more of these liquidations
[2015-12-20 16:59:29] rapidtrades : BitMEX_Sam: how is the 20% margin req determined on XBUZ15? from the settlement price or bid/ask? since there is no fair
[2015-12-20 16:59:49] BitMEX_Sam : It's from last price.
[2015-12-20 16:59:59] rapidtrades : ah makes sense
[2015-12-20 17:00:42] REKT : Liquidated long on XBT24H: Sell 1000 @ 443.05
[2015-12-20 17:05:01] wurstgelee : who here is still going by btfd? ;)
[2015-12-20 17:07:12] REKT : Liquidated short on XBT24H: Buy 1000 @ 445.29
[2015-12-20 17:09:33] zanza : rally over
[2015-12-20 17:09:36] zanza : 300's next
[2015-12-20 17:10:03] rapidtrades : :)