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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[2016-01-29 17:34:37] BitMEX_Sam : If you omit a qty altogether then it will just remain unchanged.
[2016-01-29 17:34:53] tscha : BitMEX_Sam: since odd batch sizes will consume `integer` calls, can we make the system round downwards for batchsize > 1? so that 3 orders = 1 call? :D :)
[2016-01-29 17:35:13] BitMEX_Sam : It rounds up, because otherwise 1 order would be 0 calls
[2016-01-29 17:35:33] BitMEX_Sam : And from a processing cost standpoint there is cost in processing the request itself, so it makes sense to round up
[2016-01-29 17:36:48] BitMEX_Sam : In the vast majority of cases if you're hitting ratelimits, you're either polling for data you shouldn't be, or you're quoting multiple markets / many levels, and you should be asking us for a higher ratelimit
[2016-01-29 17:36:53] j8 : BitMEX_Sam: and all other properties are preserved? like `ordType`, `timeInForce` etc
[2016-01-29 17:36:58] BitMEX_Sam : j8: Yes
[2016-01-29 17:37:12] j8 : ok.
[2016-01-29 17:37:22] BitMEX_Sam : In the near future we'll allow clicking on open orders in the UI as well to amend them
[2016-01-29 17:40:23] sleger : yes click on UI to cxl would be great
[2016-01-29 18:02:43] j8 : BitMEX_Sam: it looks like the reference MM is meant to be compatible with python3, i had to change a couple lines to make it work though... mainly just the base64 module used for clOrdId's
[2016-01-29 18:03:46] dorothy490 : I still dont get this model of index price... all exchanges at 378 yet index 379.21
[2016-01-29 18:05:05] rapidtrades : yeah indexx is pretty stupid
[2016-01-29 18:05:29] rapidtrades : we advocated to change it to fair weighting for all exchanges but ultimately bitmex makes the call
[2016-01-29 18:05:42] j8 : dorothy490: the index is 377.66, you're looking at the fair price which follows the futures market
[2016-01-29 18:06:44] rapidtrades : all day yday index traded closer to okc but 1-2 hrs before settlement it switched to trade closer to bitfinex
[2016-01-29 18:31:55] zanza : trade quarterlies if you are worrid about small manipulations in the market
[2016-01-29 18:33:46] djuan : oi oi trickle! gis a wink will ya ?
[2016-01-29 18:55:14] BitMEX_Sam : Thanks j8 - found that and pushed a fix for py3
[2016-01-29 19:12:25] j8 : right on
[2016-01-29 19:56:27] REKT : Liquidated long on `XBT24H`: Sell 999 @ 378.70
[2016-01-29 21:21:09] REKT : Liquidated long on `XBT7D`: Sell 240 @ 376.79
[2016-01-29 21:51:50] REKT : Liquidated long on `XBT24H`: Sell 2 @ 376.27 :punch: :whale:
[2016-01-29 22:48:30] tscha : interesting
[2016-01-29 22:51:17] thehawthorne : lol
[2016-01-30 00:16:40] rapidtrades : have anyone put a bid for borrowing on okc and actually gotten filled?
[2016-01-30 00:25:17] rapidtrades : the lowest bid on okc is 6x the finex price...and the ask is 0.1%, 10 times over finex
[2016-01-30 00:25:35] rapidtrades : if u want more BTC for your bid....go hit my bid b1tches
[2016-01-30 03:34:44] rapidtrades : that unrelenting selling....
[2016-01-30 03:38:48] rapidtrades : noone is hitting the asks on okc...doesn't look good for the bullz
[2016-01-30 03:41:06] arbitrage001 : sentiment can change fast
[2016-01-30 03:41:23] arbitrage001 : how long have you trade btc?
[2016-01-30 03:42:57] rapidtrades : 2-3 yrs
[2016-01-30 03:43:40] arbitrage001 : what was the price years ago?
[2016-01-30 03:43:47] arbitrage001 : 3 years ago
[2016-01-30 03:44:53] rapidtrades : idk $20?
[2016-01-30 03:45:46] arbitrage001 : if you hold for 3 years, you should been very well off
[2016-01-30 03:46:02] arbitrage001 : even after china crashed
[2016-01-30 03:46:29] rapidtrades : I started bit later actively trading...I only had $100 in BTC back then
[2016-01-30 03:46:50] rapidtrades : so if I bought and held, I would be down by 60-70%
[2016-01-30 03:47:18] arbitrage001 : i have been trading more than 15 years
[2016-01-30 03:47:42] arbitrage001 : most day traders or active traders eventually blown out
[2016-01-30 03:48:37] arbitrage001 : need to have competitive advantage to stay in the business
[2016-01-30 03:48:51] rapidtrades : yeah prolly right...my directional trades are on daily chart and higher
[2016-01-30 03:49:04] arbitrage001 : if not, fee and spread eventually kill you off
[2016-01-30 03:50:39] rapidtrades : well things are a lot better these days...u have 0 fees on okc for example
[2016-01-30 03:51:04] rapidtrades : back when I started 0.2% was the norm
[2016-01-30 03:51:08] arbitrage001 : exchange needs to survive too
[2016-01-30 03:51:23] arbitrage001 : so if they are offering 0 fee, i would be extremely careful
[2016-01-30 03:51:40] habibi : just a diffrent bussiness model
[2016-01-30 03:51:51] rapidtrades : it's not so much the fees...price is a lot more unpredictable the lower you go in tfs
[2016-01-30 03:51:55] arbitrage001 : how do they make money?
[2016-01-30 03:52:20] rapidtrades : most traders use market orders i guess? u only pay 0 on limits
[2016-01-30 03:52:34] rapidtrades : similar model to here
[2016-01-30 03:53:24] habibi : loans/margin for spot/holding users money on bank safe options, futures fees, inside trading
[2016-01-30 04:04:39] REKT : Liquidated long on `XBT24H`: Sell 99 @ 373.77
[2016-01-30 05:15:07] laisee : habibi: you forgot about crashing user stop levels.
[2016-01-30 06:18:22] REKT : Liquidated short on `XBT24H`: Buy 193 @ 379.24
[2016-01-30 07:47:16] rapidtrades : why are interest rates for BTC so high on okc
[2016-01-30 09:02:00] zanza : caus Yuan ?
[2016-01-30 09:43:27] zanza : wow SNP recovered!
[2016-01-30 09:43:30] zanza : recession over?
[2016-01-30 10:21:09] REKT : Liquidated long on `XBT24H`: Sell 3 @ 375.63 :punch: :whale:
[2016-01-30 12:50:54] rapidtrades : any support here? how do I figure out my PnL
[2016-01-30 12:54:31] rapidtrades : can we add more functionality to the trade history page? like combined PnL and filter by contract, by day, month etc
[2016-01-30 12:57:43] rapidtrades : I have a general idea how much I made but I would like a more accurate measure...if you add more contracts as the day goes on it becomes a nightmare to figure out the PnL for all of them combined
[2016-01-30 13:00:07] djuan : rapidtrades: ok mate. I'm on it!
[2016-01-30 14:20:11] zanza : http://www.dailymail.co.uk/news/article-3423968/Mobs-hundreds-masked-men-rampage-Stockholm-central-station-beating-refugee-children.html
[2016-01-30 16:03:58] elmorte : Daily Mail is garbage mate
[2016-01-30 17:28:26] Scottv53 : arbitrage001: how do you make money trading BTC to ensure longterm survival?
[2016-01-30 17:28:48] arbitrage001 : arbitrage
[2016-01-30 17:29:05] arbitrage001 : either on spot price or future
[2016-01-30 17:29:31] arbitrage001 : pretty close to risk free
[2016-01-30 17:29:45] arbitrage001 : unless exchange owners run away
[2016-01-30 17:31:46] Scottv53 : @arbitrage001 what would be the best way to learn arbitrage strategies
[2016-01-30 17:32:06] Scottv53 : using BTC
[2016-01-30 17:32:33] arbitrage001 : research all the top exchanges
[2016-01-30 17:32:53] arbitrage001 : check price distortion and figure out why and when to take actions
[2016-01-30 17:33:02] Scottv53 : Your tools?
[2016-01-30 17:33:13] arbitrage001 : internet?
[2016-01-30 17:33:16] arbitrage001 : google
[2016-01-30 17:34:36] arbitrage001 : arthur last 4 seminars
[2016-01-30 17:34:49] arbitrage001 : did you watch and learn from them?
[2016-01-30 17:35:16] Scottv53 : yeah
[2016-01-30 17:35:29] Scottv53 : just watched the last lesson
[2016-01-30 17:35:31] arbitrage001 : already a very good starting point to make money
[2016-01-30 17:35:46] arbitrage001 : when i started, i had to figure out everything myself
[2016-01-30 17:36:37] Scottv53 : i'll have to go through the lessons again
[2016-01-30 17:37:00] Scottv53 : i'm new to futures
[2016-01-30 17:38:12] arbitrage001 : arbitrage on spot first then
[2016-01-30 17:38:25] Scottv53 : what is your average weekly pnl @arbitrage001
[2016-01-30 17:38:43] arbitrage001 : depend on market condition
[2016-01-30 17:38:53] Scottv53 : pecentage wise
[2016-01-30 17:39:01] rapidtrades : is it over 9000?
[2016-01-30 17:39:03] arbitrage001 : and how i position myself when market rally or plunge
[2016-01-30 17:39:42] arbitrage001 : 9000 what?
[2016-01-30 17:39:48] arbitrage001 : %?
[2016-01-30 17:40:33] Scottv53 : rapidtrades: thats seems unrealistic/
[2016-01-30 17:42:26] Scottv53 : whats realistic achievable % pnl per week or month @arbitrage001
[2016-01-30 17:42:53] arbitrage001 : dunno
[2016-01-30 17:43:09] arbitrage001 : if you manage to consistently get 30% per year
[2016-01-30 17:43:16] arbitrage001 : you will do very well
[2016-01-30 17:43:43] Scottv53 : i would love that
[2016-01-30 17:43:51] arbitrage001 : then do lending on bitfinex
[2016-01-30 17:45:09] Scottv53 : i tried lending USD on bitfinex rates have dropped considerably below 10% per annum
[2016-01-30 17:45:12] tscha : Scottv53: Measuring pnl in relation to your investment is hard for bitcoin, since the markets are not so deep. For most strategies, there is an absolute cap which is reached pretty quick.
[2016-01-30 17:45:47] tscha : i.e. 10 times your investment doesn't get you 10 times the profit
[2016-01-30 17:46:33] Scottv53 : tscha: true indeed
[2016-01-30 17:59:49] elmorte : Yeah..had to explain that to my old man Me: Dad, I made $150 on bitcoin today Dad: That's awesome! Now imagine if you had a million $ to invest Me: Yeah, about that...
[2016-01-30 18:01:58] elmorte : arbitrage001: what spot price do you use as a reference? Bitfinex?
[2016-01-30 18:02:51] arbitrage001 : okcoin has a mobile phone app
[2016-01-30 18:02:55] arbitrage001 : okc
[2016-01-30 18:03:23] arbitrage001 : can check all prices on major exchange at once
[2016-01-30 18:03:29] elmorte : OKC is almost always at a premium
[2016-01-30 18:03:35] elmorte : Yeah, I use bitcoinwisdom.com
[2016-01-30 18:03:43] arbitrage001 : and there is a reason for it
[2016-01-30 18:03:55] arbitrage001 : okc, btcchina and houbi
[2016-01-30 18:04:03] arbitrage001 : capital control in china
[2016-01-30 18:04:25] elmorte : And just a general question: why is there such a premium at Huobi / BTC-E? Are transaction costs really that high that ppl can't take advantage of arbitrage opp?
[2016-01-30 18:04:35] elmorte : Huobi...
[2016-01-30 18:04:43] zanza : rofl
[2016-01-30 18:04:47] elmorte : lol...it's censored :)
[2016-01-30 18:04:55] arbitrage001 : price has to be wide enough for arbitraguer to take action
[2016-01-30 18:05:08] arbitrage001 : 2% difference is the threshold for me
[2016-01-30 18:05:14] arbitrage001 : for me to take action
[2016-01-30 18:05:20] elmorte : There 8% at times
[2016-01-30 18:05:25] elmorte : is*
[2016-01-30 18:05:31] arbitrage001 : 40% is the record
[2016-01-30 18:05:36] elmorte : 8$....sorry
[2016-01-30 18:05:42] arbitrage001 : during the china boom time
[2016-01-30 18:05:48] Scottv53 : arbitrage001: yeah how do you take advantage of spread
[2016-01-30 18:05:53] elmorte : Messed up thing is I have a Bank of China account in China
[2016-01-30 18:06:06] elmorte : But coz of my passport, OKC won't auth me
[2016-01-30 18:06:10] arbitrage001 : buy low sell high
[2016-01-30 18:06:12] elmorte : *sigh*
[2016-01-30 18:06:29] arbitrage001 : when market calm down after chaos, which it always does
[2016-01-30 18:06:31] elmorte : Yeah, don't get high on your own supply...I know the commandments :)
[2016-01-30 18:06:38] arbitrage001 : spread across exchanges will be lower
[2016-01-30 18:06:49] arbitrage001 : then you move your money back
[2016-01-30 18:07:33] elmorte : That's the thing...I'm seeing this constant spread for weeks. You'd think ppl would take advantage of it
[2016-01-30 18:07:46] arbitrage001 : like i said
[2016-01-30 18:07:57] arbitrage001 : spread not wide enough for us to take actions
[2016-01-30 18:08:32] arbitrage001 : 2% price difference, i may do something
[2016-01-30 18:08:33] elmorte : Aight, cheers
[2016-01-30 18:08:54] Scottv53 : how often does the chaos happen for you to take action per month?
[2016-01-30 18:09:09] Scottv53 : arbitrage001: how often does the chaos happen for you to take action per month?
[2016-01-30 18:09:15] arbitrage001 : every few months
[2016-01-30 18:09:17] elmorte : almost every other weekend since October
[2016-01-30 18:10:20] arbitrage001 : last month, price at btcchina was 12 dollars higher than bitfinex
[2016-01-30 18:10:26] arbitrage001 : which i took advantage
[2016-01-30 18:10:36] arbitrage001 : then when price reversed
[2016-01-30 18:10:41] arbitrage001 : price in china crashed
[2016-01-30 18:10:51] elmorte : So you kept yuan on the exchange?
[2016-01-30 18:10:57] arbitrage001 : i bought and move the money back
[2016-01-30 18:11:01] elmorte : or whatever fiat you used
[2016-01-30 18:11:02] arbitrage001 : yes
[2016-01-30 18:11:08] elmorte : K
[2016-01-30 18:11:26] elmorte : That makes sense. Was it hard to get authed?
[2016-01-30 18:11:39] arbitrage001 : nope
[2016-01-30 18:11:49] arbitrage001 : 10 btc limit on withdrawal
[2016-01-30 18:12:04] arbitrage001 : you can lock in price by buying then shorting first
[2016-01-30 18:12:08] Scottv53 : how do you get yuan if you are not in china?
[2016-01-30 18:12:32] REKT : Liquidated short on `XBT24H`: Buy 5764 @ 378.23
[2016-01-30 18:12:36] arbitrage001 : if you dont have china bank account
[2016-01-30 18:12:48] arbitrage001 : then you wait for price action to reverse
[2016-01-30 18:13:05] arbitrage001 : when price in china lower, you buy and move btc back
[2016-01-30 18:13:06] elmorte : Scottv53: You don't really need to if you're selling on an exchange, then you keep it in the CNY wallet on the exch.'
[2016-01-30 18:14:31] arbitrage001 : think the price difference was 50 usd in last nov
[2016-01-30 18:14:55] arbitrage001 : around 10% difference
[2016-01-30 18:14:58] elmorte : Yeah, I was in China at the time
[2016-01-30 18:15:09] arbitrage001 : so, if you make 3 good trades like this per year
[2016-01-30 18:15:18] elmorte : Killing it on LocalBTC
[2016-01-30 18:15:22] arbitrage001 : that is already 30%
[2016-01-30 18:15:45] arbitrage001 : can outperform most traders already
[2016-01-30 18:15:58] arbitrage001 : except slegar and me
[2016-01-30 18:15:58] Scottv53 : arbitrage001: have you ever bought BTC from the BTC-e exchANGE?
[2016-01-30 18:16:15] arbitrage001 : yes, long time ago
[2016-01-30 18:16:25] arbitrage001 : dont have enough trust on btc-e
[2016-01-30 18:16:34] arbitrage001 : so i rarely used it
[2016-01-30 18:16:37] elmorte : You TTed fiat to them?
[2016-01-30 18:16:45] arbitrage001 : nope
[2016-01-30 18:17:15] elmorte : Err...Litecoin?
[2016-01-30 18:17:29] arbitrage001 : cant remember
[2016-01-30 18:17:29] elmorte : :)
[2016-01-30 18:17:53] Scottv53 : @arbitrage001 I see their BTC price is consistently lower than Bitfinex?
[2016-01-30 18:18:11] elmorte : I got authed for USD TT deposits...but just can't commit to put USD on there
[2016-01-30 18:18:13] arbitrage001 : probably because it is hard to send fiat to
[2016-01-30 18:18:19] Scottv53 : I would like to wire them some USD dollars
[2016-01-30 18:18:26] arbitrage001 : high deposit fee also i think
[2016-01-30 18:18:49] elmorte : Yeah, it wouldn't make sense unelss you're sending 10k US$
[2016-01-30 18:18:58] arbitrage001 : if you see btc-e price higher
[2016-01-30 18:19:02] arbitrage001 : then send btc there to sell
[2016-01-30 18:19:12] arbitrage001 : and wait for it to go lower than the rest of the world again
[2016-01-30 18:19:26] elmorte : For day trading anyway. Maybe if you're going reaaal long
[2016-01-30 18:19:44] arbitrage001 : another good way to make profit without too much risk
[2016-01-30 18:20:20] elmorte : Nice tip, didn't think about that
[2016-01-30 18:22:19] Scottv53 : arbitrage001: how often do you see normally, this opportunities per month?
[2016-01-30 18:22:49] arbitrage001 : didnt count
[2016-01-30 18:23:03] arbitrage001 : but if you focus on trading btc full time
[2016-01-30 18:23:10] arbitrage001 : you will see lots of opportunity
[2016-01-30 18:23:24] arbitrage001 : just need to learn the rope and how
[2016-01-30 18:24:06] arbitrage001 : and do homework first, of course
[2016-01-30 18:25:17] Scottv53 : arbitrage001: are you full time trading btc
[2016-01-30 18:25:26] Scottv53 : ?
[2016-01-30 18:25:32] arbitrage001 : half time
[2016-01-30 18:25:48] arbitrage001 : bbut my phone has price app installed
[2016-01-30 18:26:13] arbitrage001 : can take action when i see good opportunity
[2016-01-30 18:26:26] Scottv53 : do you do basis trading though
[2016-01-30 18:26:28] arbitrage001 : remember, you only need to make a few good trades
[2016-01-30 18:26:52] arbitrage001 : only results count
[2016-01-30 18:27:00] arbitrage001 : what is advance?
[2016-01-30 18:27:08] arbitrage001 : technical analysis?
[2016-01-30 18:27:30] arbitrage001 : i considered ta garbage
[2016-01-30 18:27:45] Scottv53 : arbitrage001: o you do basis trading though?
[2016-01-30 18:28:32] Scottv53 : like arthur video?
[2016-01-30 18:28:40] arbitrage001 : cash and carry?
[2016-01-30 18:28:57] Scottv53 : i think so
[2016-01-30 18:29:07] arbitrage001 : yes
[2016-01-30 18:29:13] arbitrage001 : have a huge position also
[2016-01-30 18:29:26] arbitrage001 : which paid off nicely so far
[2016-01-30 18:29:49] arbitrage001 : slegar probably making out like bandit this month
[2016-01-30 18:30:53] Scottv53 : basis trading seems less risky, and consistent, unless i'm missing something @arbitrage001
[2016-01-30 18:31:22] arbitrage001 : what do you mean basis trading?
[2016-01-30 18:31:31] arbitrage001 : directional trade?
[2016-01-30 18:31:44] Scottv53 : yes
[2016-01-30 18:31:59] arbitrage001 : dont think basis trading is lower risk
[2016-01-30 18:32:09] arbitrage001 : fee and spread
[2016-01-30 18:32:18] Scottv53 : like in arthurs's video lesson 4
[2016-01-30 18:32:53] arbitrage001 : think his lesson 4 is cash and carry
[2016-01-30 18:33:09] arbitrage001 : didnt watch too closely
[2016-01-30 18:33:16] Scottv53 : yes thats what i mean
[2016-01-30 18:33:50] arbitrage001 : less risky than directional trading
[2016-01-30 18:34:00] arbitrage001 : but higher than spot price arbitrage
[2016-01-30 18:34:15] Scottv53 : true
[2016-01-30 18:34:41] arbitrage001 : dont forget bitmex is still somewhat new
[2016-01-30 18:35:06] arbitrage001 : risk of exchange theft or owners running away
[2016-01-30 18:35:17] arbitrage001 : is non-zero
[2016-01-30 18:36:22] Scottv53 : i think arthur should do a live trade example, and explain like five year olds.
[2016-01-30 18:36:54] Scottv53 : yes, theres's no recourse unless the exchange is in the USA.
[2016-01-30 18:36:54] arbitrage001 : you need to do your own homework also
[2016-01-30 18:37:04] Scottv53 : true
[2016-01-30 18:37:38] arbitrage001 : most people took awhile to learn from their own
[2016-01-30 18:38:06] arbitrage001 : dont even know what question to ask at first
[2016-01-30 18:38:07] Scottv53 : thats me too
[2016-01-30 18:39:38] Scottv53 : arbitrage001: have to go. chat soon.
[2016-01-30 18:39:44] arbitrage001 : later
[2016-01-30 18:39:48] arbitrage001 : and good luck
[2016-01-30 18:40:04] Scottv53 : thank you. i'll need it
[2016-01-30 18:43:08] elmorte : KyleBenzle [-1] [score hidden] 5 hours ago No, you are misunderstanding what Bitcoin is and how it works by asking your question.
[2016-01-30 18:43:20] elmorte : F'n /r/Bitcoin
[2016-01-30 18:44:02] elmorte : Wonder what kind of answers Scott would've gotten there
[2016-01-30 18:50:01] Scottv53 : arbitrage001: before i go; can you open two seperate accounts with bitmex trading only XBT24h lets say you go long on the one account and go short on the other account and setup stop loss at different levels/
[2016-01-30 18:50:33] arbitrage001 : dont know
[2016-01-30 18:50:48] arbitrage001 : on the stop loss
[2016-01-30 18:51:07] arbitrage001 : dont see why you need 2 accounts
[2016-01-30 18:51:40] Scottv53 : i see that BTC moves in steep, vertical moves,
[2016-01-30 18:51:43] elmorte : If you use the same account, wouldn't the positions just cancel out?
[2016-01-30 18:52:08] Scottv53 : elmorte: no seperate email address
[2016-01-30 18:52:17] Scottv53 : account
[2016-01-30 18:53:43] elmorte : I was referring to arbitrage asking why you need two accounts
[2016-01-30 18:54:33] Scottv53 : no, im refering to the directional trade, not arbitrage @elmorte
[2016-01-30 18:54:57] Scottv53 : got to go guys, cheers
[2016-01-30 18:55:00] elmorte : brb, out of my depth
[2016-01-30 18:55:03] elmorte : Tc
[2016-01-30 19:26:54] REKT : Liquidated long on `ETH7D`: Sell 35 @ 0.00648
[2016-01-30 21:53:08] REKT : Liquidated short on `XBT24H`: Buy 31 @ 377.57
[2016-01-30 21:54:28] REKT : Liquidated short on `XBT24H`: Buy 3704 @ 378.62
[2016-01-30 22:06:28] REKT : Liquidated short on `XBT24H`: Buy 6000 @ 380.75
[2016-01-30 22:06:28] REKT : Liquidated short on `XBT24H`: Buy 6774 @ 380.79
[2016-01-30 22:06:28] REKT : Liquidated short on `XBT24H`: Buy 1000 @ 380.74
[2016-01-30 22:18:38] REKT : Liquidated long on `XBT24H`: Sell 3600 @ 378.75
[2016-01-30 22:26:48] REKT : Liquidated long on `XBT24H`: Sell 1925 @ 376.77
[2016-01-30 22:29:45] uiop : bangacadabra
[2016-01-30 23:35:34] micmix : my deposit address starts with 3BMEXggg. does it mean that BitMEX is laughing at my expense?
[2016-01-30 23:41:32] rapidtrades : gg
[2016-01-30 23:41:41] rapidtrades : deposit moar pleb
[2016-01-30 23:54:01] tscha : micmix: A good trader just deposits once and then forgets the address :P
[2016-01-31 00:29:52] micmix : tscha: it's my fourth account :-)
[2016-01-31 04:16:12] rapidtrades : Athur to newbs in his webinar: ''Come to our troll chat, we have a lot of smart traders there who can help you''
[2016-01-31 04:16:38] rapidtrades : pleb comes here, ask help.....''Use google b1tch''
[2016-01-31 04:32:04] laisee : everyone was very nice when rapidtrades began as newbie trader here.
[2016-01-31 04:33:17] rapidtrades : rapid read FaQ...rapid did you read HeLp section yet...lol rapid can't read
[2016-01-31 04:33:24] rapidtrades : ugh just got fashbacks
[2016-01-31 04:35:54] laisee : helped you through the first hundred times u got liquidated @1 contract.
[2016-01-31 04:36:48] rapidtrades : nice try I've only been liquidated once here :)
[2016-01-31 04:38:18] laisee : source, once contract many times
[2016-01-31 04:38:26] laisee : ^source^sure
[2016-01-31 04:39:00] rapidtrades : :)
[2016-01-31 04:39:41] laisee : yawn. next stop is 100 or 1000. agree?
[2016-01-31 04:43:41] laisee : proves my point. market is lacking direction, and fun.
[2016-01-31 05:37:50] fxbitlab : why i tried making deposit is not appear in my Bitccoin ya?
[2016-01-31 05:38:03] fxbitlab : in blockchain.info looks already approved and success.
[2016-01-31 05:38:14] fxbitlab : anyone could help me?
[2016-01-31 05:40:31] BitMEX_Wally : fxbitlab: Let me check
[2016-01-31 05:45:58] fxbitlab : yes please check
[2016-01-31 05:46:15] fxbitlab : already got 3 confirmation
[2016-01-31 05:49:25] BitMEX_Wally : fxbitlab: According to blockr.io the first confirmation was at 13:41
[2016-01-31 05:49:39] BitMEX_Wally : It was credited to your account at 13:47
[2016-01-31 05:49:53] BitMEX_Wally : Sorry for the deay
[2016-01-31 05:49:56] BitMEX_Wally : delay
[2016-01-31 05:54:05] j8 : BitMEX_Wally: hey wally, i got an API question for ya
[2016-01-31 05:54:19] BitMEX_Wally : Sure :)
[2016-01-31 05:54:30] j8 : what is `{"execType":"Restated"}` all about
[2016-01-31 05:57:31] BitMEX_Wally : When an order is submitted there are 2 stages, first it goes from `PendingNew` to `New` after validation
[2016-01-31 05:58:01] BitMEX_Wally : Then once it is ready to enter or match against the order book the `workingIndicator` goes from `false` to `true`.
[2016-01-31 05:59:27] BitMEX_Wally : I used to use a `Restated` message to push this out, but now (in testnet) it all happens in 1 message
[2016-01-31 06:01:34] BitMEX_Wally : Now I use `Restated` for unsolicited changes to the order, for example with `TrailingStopPeg` orders, when the `StopPx` gets updated
[2016-01-31 06:04:44] j8 : ok that makes sense, so `Replaced` is always used for amends?
[2016-01-31 06:10:10] BitMEX_Wally : Yes, unless you amend the down so much it will be `Canceled`
[2016-01-31 06:10:19] BitMEX_Wally : *amend the qty down
[2016-01-31 06:12:53] j8 : ok, also, there is a bug on testnet with the isolate margin checkbox... it gets reset by amends. strangely it only happens with the toggle in the positions table, not the one in the order controls and not when isolating by API
[2016-01-31 06:15:19] rapidtrades : A BUG????
[2016-01-31 06:16:01] BitMEX_Wally : j8: So if you submit an amend through the API, the isolate margin checkbox in the position table changes?
[2016-01-31 06:17:41] j8 : BitMEX_Wally: i have an MM that is amending constantly. if i try to toggle the checkbox, on the next amend it gets flipped back to its value before i clicked it
[2016-01-31 06:18:17] BitMEX_Wally : I'm guessing it's just the checkbox that is wrong?
[2016-01-31 06:18:20] BitMEX_Wally : `crossMargin` in the API does not change?
[2016-01-31 06:21:35] BitMEX_Wally : Ok, I think I can recreate
[2016-01-31 06:21:45] BitMEX_Wally : Not do with order amends though
[2016-01-31 06:22:10] j8 : oh, yeah that checkbox doesn't work at all
[2016-01-31 06:22:56] j8 : just thought it was my amends since they were causing the table to refresh
[2016-01-31 06:25:04] BitMEX_Wally : Yeah, the checkbox just seems broken
[2016-01-31 06:25:07] BitMEX_Wally : Will fix
[2016-01-31 06:27:09] j8 : nice job with the new order types btw.. i like how ParticipateDoNotInitiate still hits hidden orders, it always bugged me that bitfinex doesn't do this
[2016-01-31 06:28:10] BitMEX_Wally : :)
[2016-01-31 06:28:26] BitMEX_Wally : Otherwise you could use it to sniff out hidden orders without having to trade
[2016-01-31 06:29:16] j8 : it's true. and if a hidden order matches a hidden order, the one with worse time priority gets the maker rebate... attention to detail
[2016-01-31 06:29:34] rapidtrades : damn...that detail
[2016-01-31 06:30:26] BitMEX_Wally : j8: You've made my day. I love that someone notices the work I put into the details
[2016-01-31 06:32:45] j8 : oh yeah, i had to check these things and was quite satisfied. haven't made it to the contingency types and clOrdLinkID's yet
[2016-01-31 06:35:00] BitMEX_Wally : You'll love 'em
[2016-01-31 06:35:43] BitMEX_Wally : You can create a set of orders that share `clOrdLinkID` and then have multiple OTO triggers for them
[2016-01-31 06:35:50] BitMEX_Wally : Plus you can have multiple OCO orders in the set
[2016-01-31 06:36:14] BitMEX_Wally : Plus you can even chain OTO orders together because `clOrdLinkID` can target another order's `clOrdID` too
[2016-01-31 06:37:32] BitMEX_Wally : Orders have a `triggered` field which is blank for normal orders, then either `NotTriggered` or `Triggered` when contingent to an OTO order
[2016-01-31 06:37:46] BitMEX_Wally : This changes with an `execType` of `TriggeredOrActivatedBySystem`
[2016-01-31 06:38:32] rapidtrades : well....not sure what any of that means but more order types are always a good thing
[2016-01-31 06:39:23] BitMEX_Wally : Oh, and you can have a contingent stop order, so it can be triggered by an OTO, and then when the stop px is reached it is triggered to enter the order book
[2016-01-31 06:39:27] BitMEX_Wally : `triggered` is then `StopOrderTriggered`
[2016-01-31 06:42:12] j8 : some pretty crazy possibilities there
[2016-01-31 06:43:54] BitMEX_Wally : j8: You can even use a `OneUpdatesTheOtherProportional` so an XBT7D order adjusts an XBU7D order
[2016-01-31 06:45:29] j8 : does that mean the price of both changes when you amend one?
[2016-01-31 06:49:03] BitMEX_Wally : It changes the quantity
[2016-01-31 06:49:21] BitMEX_Wally : `OneCancelsTheOther` will outright cancel the other order
[2016-01-31 06:49:49] BitMEX_Wally : `OneUpdatesTheOtherAbsolute` means that if the order is filled 5 contracts then it reduces the quantity of the other order by 5 contracts
[2016-01-31 06:50:05] BitMEX_Wally : `OneUpdatesTheOtherProportional` means if filled 20% it reduces the other order by 20%
[2016-01-31 06:50:28] BitMEX_Wally : (this means you can use it between different instruments)
[2016-01-31 06:51:23] j8 : gotcha
[2016-01-31 06:51:23] BitMEX_Wally : I'm heading out now, catch you later
[2016-01-31 06:51:35] j8 : cool, see ya
[2016-01-31 09:55:07] REKT : Liquidated long on `XBT24H`: Sell 100 @ 376.21
[2016-01-31 13:39:13] REKT : Liquidated long on `XBT24H`: Sell 2 @ 375.01 :punch: :whale:
[2016-01-31 13:47:14] tscha : Just saved the chat history so I don't have to ask the same questions in a few weeks :D
[2016-01-31 14:01:43] REKT : Liquidated long on `XBT24H`: Sell 40 @ 373.28
[2016-01-31 14:01:43] REKT : Liquidated long on `XBT7D`: Sell 46 @ 376.06
[2016-01-31 14:30:42] habibi : wow nice - premium
[2016-01-31 14:43:37] sleger : it's called discount
[2016-01-31 14:48:50] habibi : yea whats the point in building short position 5-6 under spot/settlement price
[2016-01-31 14:51:54] sleger : it' 4, but the point is to do that if you think the index will be even further down at settlement
[2016-01-31 14:53:23] chromaticcr : to make me money
[2016-01-31 14:55:43] rapidtrades : this may turn into a huge f-up if price rallies elsewhere
[2016-01-31 14:55:50] rapidtrades : major DPE
[2016-01-31 14:58:32] sleger : what does it have to do with dpe ?
[2016-01-31 14:59:09] arbitrage001 : lol man
[2016-01-31 14:59:25] arbitrage001 : no need to be mean to rapidtrades
[2016-01-31 14:59:34] arbitrage001 : we were all newbies at one time
[2016-01-31 15:00:13] zanza : Bitcoin going to 330 it looks like
[2016-01-31 15:01:08] zanza : RIP
[2016-01-31 15:09:43] rapidtrades : hey who's this...
[2016-01-31 15:10:35] rapidtrades : ''I've traded for over 15 years and the only way I can think of making money in bitcoin is by arbitrage''
[2016-01-31 15:13:21] rapidtrades : ''btw I also 'arbitrage' between Yuan and Dollar BTC pairs...cos there's absolutely no risk there''
[2016-01-31 15:14:06] sleger : if you can convert yuan to usd that's true
[2016-01-31 15:15:03] rapidtrades : more hints
[2016-01-31 15:15:22] rapidtrades : ''the only ppl in this chat who make over 30% pa are sleger and me''
[2016-01-31 15:15:31] chromaticcr : ways to f up a xbt okcrap arb 1: USDCNY gone mad 2: BTCFIAT gone mad 3: volitility goes in favour of Bitmex position and a DPE
[2016-01-31 15:16:12] rapidtrades : ''TA is garbage''
[2016-01-31 15:16:15] laisee : chromaticcr: so you're saying i shouldn't have sold the house?
[2016-01-31 15:17:16] chromaticcr : if you sold the house for this 4$ arb, nope. if you sold the house for a 40$ arb in Nov last year, HELL YEAH
[2016-01-31 15:18:03] rapidtrades : that arb had a lot more risk though...$4 happens every week or so
[2016-01-31 15:18:26] rapidtrades : some ppl in this chat blew up on that arb
[2016-01-31 15:18:51] laisee : rapidtrades: were you counslelling some of the victims?
[2016-01-31 15:19:22] chromaticcr : literally gamble on volitility
[2016-01-31 15:20:06] laisee : DPOGE == volatility
[2016-01-31 15:20:17] laisee : ^DPOGE^DOGE
[2016-01-31 15:20:34] laisee : almost bought the wrong shitcoin there ...
[2016-01-31 15:23:15] sleger : I see a lot of sell 10k trades in the past 1-2 hours, mostly around 370, someone took a big short position, that's probably why the discount is so high
[2016-01-31 15:23:46] rapidtrades : ARE YOU SURE THAT'S WHAT HAPPENED
[2016-01-31 15:25:13] sleger : no, that's why the word "probably" is there. Please fix your caps lock key it's really annoying
[2016-01-31 15:26:32] lockhedge : *using bitcoin to construct a currency’s unofficial exchange rate and detect capital controls* https://twitter.com/RobotFinance/status/693814623385079808
[2016-01-31 15:29:48] rapidtrades : WE ARE GOING UP OMG
[2016-01-31 15:29:59] laisee : seems the trend is not Mr Shorts friend right now ...
[2016-01-31 15:30:25] habibi : sleger: yea i am thinking the same but what are the other posibilities?
[2016-01-31 15:31:49] rapidtrades : there are no other possibilities ffs...we barely moved on other exchanges of course it's someone selling here
[2016-01-31 15:34:11] sleger : hey it's not because you can't think of any other reason that there isnt one
[2016-01-31 15:35:27] rapidtrades : saying obvious things like they're some profound insight is the sledgery thing to do
[2016-01-31 18:02:31] zanza : wtf that premium
[2016-01-31 18:04:55] tscha : where is a premium? :O
[2016-01-31 18:06:54] tscha : Even 7D has a discount
[2016-01-31 18:07:58] tscha : just a slight one though, but still
[2016-01-31 18:08:01] lockhedge : can you call a discount a negative premium? is negative premium a premium?
[2016-01-31 18:08:57] tscha : lockhedge: if something is sold at a premium, you usually mean *above* the usual price. the opposite is true for discount.
[2016-01-31 18:09:30] lockhedge : Ceci n'est pas une pipe.
[2016-01-31 18:09:45] tscha : with "usual price" I mean face value in terms of bonds or underlying in terms of futures
[2016-01-31 18:14:39] lockhedge : got it what you mean. i meant that this is a discussion about semantics. a negative premium is equivalent to a discount
[2016-01-31 18:18:39] tscha : But he didn't say "negative premium", that's why I was confused.
[2016-01-31 19:34:12] rapidtrades : this guy keeps selling....f qorrying
[2016-01-31 19:34:20] rapidtrades : worrying*
[2016-01-31 19:35:02] rapidtrades : hope we don't break to the upside cos some serious shit will hit D fan
[2016-01-31 19:35:49] tscha : up to $5 under current spot, that's a lot of discount for a quanto that has 16h left
[2016-01-31 19:36:14] rapidtrades : fair basis rate -344% LOOOl
[2016-01-31 19:39:27] rapidtrades : f*cker prolly has isolate margin on...
[2016-01-31 19:48:33] zanza : lockhedge: the premium is very negative!
[2016-01-31 19:48:44] zanza : i went all in long
[2016-01-31 19:48:45] zanza : already
[2016-01-31 19:49:14] rapidtrades : stop trolling feg
[2016-01-31 19:51:06] zanza : who keeps selling?
[2016-01-31 19:51:42] rapidtrades : idk sledger?
[2016-01-31 19:51:54] rapidtrades : some drunk pleb?
[2016-01-31 19:52:17] rapidtrades : arthrur doing a reverse exit scam?
[2016-01-31 19:52:40] rapidtrades : stupid pleb thinks buy is sell?
[2016-01-31 19:53:14] rapidtrades : A donkey stumping on an unattended computer with bitmex left open?
[2016-01-31 19:53:38] rapidtrades : as sledger would say: ''THERE ARE SOME MANY POSSIBILITIES''
[2016-01-31 20:02:04] zanza : im all in long now
[2016-01-31 20:02:07] zanza : on 24H
[2016-01-31 20:02:11] zanza : my liq price is 365
[2016-01-31 20:02:18] zanza : corss margin babby
[2016-01-31 20:07:30] tscha : zanza: some piece of advice... don't mention your liq price in the chat
[2016-01-31 20:10:30] lockhedge : my current Liq. Price: 48.77 try to liquidate me ;)
[2016-01-31 20:12:14] tscha : zanza: if we are close to your liq price and the orderbook is thin, people could be incentivized to move the impact price so you get liquidated and they can buy cheap liq orders without slippage
[2016-01-31 20:18:25] sleger : rapidtrades: dont make up fake quotes from me, especially when it's so obvious as you're the only one here with a broken caps lock key
[2016-01-31 20:18:36] sleger : and broken english
[2016-01-31 20:20:43] zanza : tscha: mark price is not the same as last traded
[2016-01-31 20:20:50] zanza : Liq is based on mark
[2016-01-31 20:21:19] sleger : mark price is fair price
[2016-01-31 20:21:28] sleger : fair price follows the book, so yes, for once, he is right
[2016-01-31 20:21:32] tscha : zanza: Never said it was. Yes it is based on mark, and mark can be easily manipulated if the orderbook is thin
[2016-01-31 20:22:31] zanza : it would be very risky for someone to do that, plus, I could be lying
[2016-01-31 20:22:45] zanza : so would someone really risk a lot to check my bluff? :)
[2016-01-31 20:22:58] tscha : If the orderbook is thin, it's not risky at all... and your bluff isn't really convincing anymore haha :D
[2016-01-31 20:38:03] REKT : Liquidated long on `XBT7D`: Sell 5 @ 374.22
[2016-01-31 20:38:03] REKT : Liquidated long on `XBT7D`: Sell 200 @ 374.61
[2016-01-31 20:38:42] macios15 : cmon bitcoin do sth funny
[2016-01-31 21:14:40] rapidtrades : GUYS DIAL 911
[2016-01-31 21:14:45] rapidtrades : BITCOIN IS DEAD
[2016-01-31 21:29:19] rapidtrades : sleger: smone takes themselves so seriously
[2016-01-31 21:29:32] rapidtrades : RAPID DON'T QUOTE OF OUT OF CONTEXT
[2016-01-31 21:46:12] habibi : rapid stop using retarted caps pls! :)
[2016-01-31 22:30:49] zanza : ok, so I am going to goto sleep and hope I am not liquidated @ 365
[2016-01-31 22:31:06] zanza : and take daily settlement
[2016-01-31 22:35:05] tscha : good night ;)
[2016-01-31 23:17:18] rapidtrades : let the games being gentlemen
[2016-01-31 23:17:31] rapidtrades : begin* ffs can't type today
[2016-01-31 23:18:18] REKT : Liquidated long on `XBT24H`: Sell 724 @ 371.51
[2016-01-31 23:18:48] REKT : Liquidated long on `XBT24H`: Sell 1000 @ 371.14
[2016-01-31 23:20:11] tscha : well that explains the massive short earlier I guess
[2016-01-31 23:20:28] sleger : genius
[2016-01-31 23:20:38] REKT : Liquidated long on `XBT24H`: Sell 70 @ 365.77
[2016-01-31 23:22:20] tscha : zanza got liquidated with cross-leverage at 70 contracts? maybe he was really bluffing :D
[2016-01-31 23:22:30] habibi : lel :D
[2016-01-31 23:25:04] zanza : wtf my alarm went off
[2016-01-31 23:25:10] zanza : im out boys
[2016-01-31 23:25:17] rapidtrades : is he closing his shorts already?
[2016-01-31 23:25:20] sleger : 70 lots ???
[2016-01-31 23:25:27] zanza : yes 70
[2016-01-31 23:25:35] tscha : lol
[2016-01-31 23:25:35] sleger : that's not even a position
[2016-01-31 23:25:41] rapidtrades : I'm sorry for your loss
[2016-01-31 23:25:57] lockhedge : on 100x leverage?
[2016-01-31 23:25:59] sleger : playing 70$ worth of btc how much are you trying to make ? 50 cents ?
[2016-01-31 23:26:12] habibi : zanza: really?
[2016-01-31 23:26:22] rapidtrades : sleger: not everyone is a baller...jezz
[2016-01-31 23:26:40] zanza : was all that was in my account :) i haven't been active lately. That being said, whoever was shorting earlier must have known something
[2016-01-31 23:26:49] zanza : $3 below spot
[2016-01-31 23:27:10] rapidtrades : meh maybe he just got lucky...we were in a range so it was a 50/50 bet
[2016-01-31 23:27:17] rapidtrades : on 100/1
[2016-01-31 23:27:31] sleger : selling 3$ below when nothing is happening
[2016-01-31 23:27:33] sleger : yeah sure...
[2016-01-31 23:27:47] lockhedge : maybe all of this just happend because you said your Liq price is 365
[2016-01-31 23:27:57] rapidtrades : yeah that's it
[2016-01-31 23:28:08] zanza : rofl lockhedge
[2016-01-31 23:28:14] lockhedge : now it's going up again, after they got the 70 cheap ;)
[2016-01-31 23:28:18] zanza : you think OKC/Houb whales monitor this ?
[2016-01-31 23:28:20] tscha : yeah, seems like someone on finex just wanted to get him liquidated
[2016-01-31 23:28:34] rapidtrades : smone with a grudge :)
[2016-01-31 23:28:48] habibi : sleger: how many times we had here idiots opening positions on high premium or discout?
[2016-01-31 23:28:50] habibi : maaany :p
[2016-01-31 23:28:51] rapidtrades : finally got his chance to get back at zanza ::)
[2016-01-31 23:30:35] tscha : i'm looking forward to some basic market regulation in the far future
[2016-01-31 23:30:50] zanza : like circuit breakers?
[2016-01-31 23:31:21] habibi : tscha: then u won't get that violatility
[2016-01-31 23:31:36] tscha : habibi: true
[2016-01-31 23:31:58] sleger : habibi: you dont understand
[2016-01-31 23:32:00] tscha : But I prefer a fairer market over personal gains /s
[2016-01-31 23:32:09] zanza : lol
[2016-01-31 23:32:09] rapidtrades : that's not true,,,stocks can be a lot more volatile and they're reguated
[2016-01-31 23:32:11] habibi : sleger: i am not talking to u
[2016-01-31 23:32:27] sleger : habibi: yes you are : "habibi: sleger: how many times we had here idiots opening positions on high premium or discout?"
[2016-01-31 23:32:42] rapidtrades : it's just a new asset but relatively low liquidity atm...hence volatility
[2016-01-31 23:32:44] habibi : yea whats about that?
[2016-01-31 23:32:59] sleger : he did not open his position on a high discount
[2016-01-31 23:33:07] rapidtrades : yea he did