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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[2016-01-31 23:42:29] habibi : guys there are inside guys... but many of inside info is fake or just lucky
[2016-01-31 23:42:35] BitMEX_Sam : Without any immediate price movement to suggest traders were bearish. What that means, who knows yet
[2016-01-31 23:42:58] tscha : BitMEX_Sam: "traders" or "trader" ;)
[2016-01-31 23:43:06] zanza : very strange! we need a bitcoin detective on the case
[2016-01-31 23:43:18] habibi : tscha: Sam is inssider here! so traders means traders :D
[2016-01-31 23:43:28] REKT : Liquidated long on `XBT24H`: Sell 97 @ 360.50
[2016-01-31 23:43:54] zanza : like before a Tsunami, the ocean recedes back a lot. That was the - premium today
[2016-01-31 23:44:04] macios15 : look at 3d ema
[2016-01-31 23:44:08] REKT : Liquidated long on `XBTM16`: Sell 8150 @ 487.66
[2016-01-31 23:44:12] macios15 : u till talk about insiders?
[2016-01-31 23:44:12] tscha : Meh, Bitmex wouldn't disclose information. Besides, market manipulation is good for markets since it creates volume and fees, so they are not incentivized to stop it.
[2016-01-31 23:44:25] lockhedge : you could definitely call this "adverse selection" what my mm bot is experiencing wight now
[2016-01-31 23:44:42] rapidtrades : selling in a downtrend can hardly be called manipulation lol
[2016-01-31 23:45:59] REKT : Liquidated short on `XBT24H`: Buy 47 @ 362.50
[2016-01-31 23:46:24] tscha : BitMEX_Sam: the account that built an 150k short over the day is pretty new mh? :P
[2016-01-31 23:46:44] zanza : thats private tsh :)
[2016-01-31 23:46:50] tscha : i know, just kidding ;)
[2016-01-31 23:47:27] zanza : rapidtrades: do you have arbs open ?
[2016-01-31 23:47:41] rapidtrades : zanza: ofc :)
[2016-01-31 23:47:59] sleger : remember a few days ago when I said there was a new big guy trading here who had info, and @tscha made fun of me ...
[2016-01-31 23:47:59] rapidtrades : it was a nice discount :)
[2016-01-31 23:48:21] habibi : sleger: yea
[2016-01-31 23:48:25] zanza : sleger: serious?
[2016-01-31 23:48:28] tscha : sleger: I made fun of you? Didn't I tell you that making up quotes makes you look stupid?
[2016-01-31 23:48:32] rapidtrades : sleger: maybe settlement was very strange few days ago
[2016-01-31 23:48:44] tscha : but I remember you mentioned it
[2016-01-31 23:48:47] habibi : assume 250k order liquidation was his right :)?
[2016-01-31 23:48:58] habibi : so inside
[2016-01-31 23:49:04] rapidtrades : I like the new guy...provides nice discounts and shit
[2016-01-31 23:49:07] sleger : tscha: yes you quoted me about the "new guy" in an ironic way
[2016-01-31 23:49:21] tscha : uhh how evil of me
[2016-01-31 23:49:46] rapidtrades : sledger takes himself very seriously, he's an english gent :)
[2016-01-31 23:49:58] habibi : all about inside info is it cant be disclosured like here coz then inside info leaks out of the circle
[2016-01-31 23:52:49] rapidtrades : I wonder if he liquidated a lot...there were some 10k buys there
[2016-01-31 23:54:04] rapidtrades : 10k, 6k, 5k
[2016-01-31 23:54:34] lockhedge : not more than 1/3
[2016-01-31 23:56:11] sleger : rapidtrades: those were mine
[2016-01-31 23:56:27] rapidtrades : ofc they were
[2016-02-01 00:16:45] zanza : since fair price = spot now, id say yes, they unloaded
[2016-02-01 00:16:49] REKT : Liquidated short on `XBT24H`: Buy 1085 @ 367.32
[2016-02-01 00:17:28] zanza : well, its still about $1 under
[2016-02-01 00:17:47] zanza : so unloaded 50% position maybe, anyone monitoring open interest?
[2016-02-01 00:22:09] lockhedge : you can't read who is holding a position based on open interest
[2016-02-01 00:25:34] rapidtrades : WHO FROZE BITCOIN
[2016-02-01 00:26:28] tscha : zanza: he hasn't unloaded if that was your question
[2016-02-01 00:27:56] tscha : I'd guess he built around 150k, maybe more. When drop started, open interest was about the same as now approximately
[2016-02-01 00:29:46] habibi : we need to ask sleger about his position coz short was made on his bids right rapidtrades?
[2016-02-01 00:31:16] sleger : wrong
[2016-02-01 00:31:31] rapidtrades : sledger=bagholder
[2016-02-01 00:31:41] sleger : also wrong
[2016-02-01 00:33:36] macios15 : sb open big position ant it is right move?
[2016-02-01 00:33:44] macios15 : he is insider
[2016-02-01 00:33:48] macios15 : LOL GUYS
[2016-02-01 00:34:28] habibi : he is as long as sleger get easy into delusions
[2016-02-01 00:35:59] sleger : uh who is he in "he is as long..."
[2016-02-01 00:37:11] habibi : he is insider* as long as u think that he is :) nothing less that pure faith.
[2016-02-01 00:37:39] sleger : he is short, not long....
[2016-02-01 00:38:11] habibi : he is insider as long as ... looong doesnt mean long position here
[2016-02-01 00:39:10] sleger : english is not your first language ?
[2016-02-01 00:40:05] habibi : nah :)
[2016-02-01 00:47:14] laisee : ELE : http://ih0.redbubble.net/image.12506443.2865/poster,375x360,ffffff.jpg
[2016-02-01 00:48:11] lockhedge : @laisee closed some shorts? ;)
[2016-02-01 00:48:25] laisee : 149k
[2016-02-01 00:48:44] laisee : or 1.49, can't recall.
[2016-02-01 00:51:12] laisee : lockhedge: seems like a lot of sniping and stuff here. must be a dead market or something ...
[2016-02-01 00:54:11] lockhedge : low volume and one big dump, maybe just a typical Sunday with XBT
[2016-02-01 01:15:39] laisee : heh. sundays are like that.
[2016-02-01 02:03:47] sleger : time to buy, finex is 364.98/365
[2016-02-01 02:04:02] REKT : Liquidated short on `XBT24H`: Buy 200 @ 368.02
[2016-02-01 02:04:02] REKT : Liquidated short on `XBT24H`: Buy 360 @ 367.84
[2016-02-01 02:05:18] habibi : so?
[2016-02-01 02:05:35] sleger : so what ?
[2016-02-01 02:05:45] macios15 : troll
[2016-02-01 02:07:09] sleger : macios15: who and why ?
[2016-02-01 02:20:55] rapidtrades : that was beautiful :)
[2016-02-01 02:21:09] rapidtrades : from discount to premium...brings a tear to my EyE
[2016-02-01 02:27:43] laisee : Bear Whale converted to Bull Whale in twinkle of a day traders eye.
[2016-02-01 02:28:35] Sehnzor : do you need to deposit to see the trading options?
[2016-02-01 02:30:00] rapidtrades : use testnet pleb
[2016-02-01 02:30:30] Sehnzor : where is testnet?
[2016-02-01 02:31:20] rapidtrades : can u see any options here https://www.bitmex.com/app/trade/XBT24H
[2016-02-01 02:31:28] sleger : google bitmex testnet
[2016-02-01 02:32:08] rapidtrades : https://testnet.bitmex.com/app
[2016-02-01 02:32:10] Sehnzor : nah it just says to deposit
[2016-02-01 02:32:13] Sehnzor : thanks
[2016-02-01 02:35:54] rapidtrades : sleger: hey man, are u net long or short now
[2016-02-01 02:36:18] sleger : small long since 365 (i wrote my call on the box at the time)
[2016-02-01 02:36:43] rapidtrades : yeah saw that
[2016-02-01 02:36:52] rapidtrades : we'll see if it holds :)
[2016-02-01 02:37:09] rapidtrades : short-tterm or long-term?
[2016-02-01 02:37:33] sleger : probably till settlement
[2016-02-01 02:38:11] rapidtrades : on bitmex or finex?
[2016-02-01 02:38:42] sleger : i took the long on xbt24h because of discount, but i am also long on finex
[2016-02-01 02:39:50] rapidtrades : already got out of my long here..thanks new guy :)
[2016-02-01 02:45:19] sleger : i'm guessing the mm bots didnt like it though
[2016-02-01 02:47:28] rapidtrades : sleger: if I have open profit on finex, I can't use that toward my margin until I close it?
[2016-02-01 02:47:51] sleger : yes you can
[2016-02-01 02:47:59] rapidtrades : oh...
[2016-02-01 02:50:36] rapidtrades : my open profit is in USD...so if I'm short I can't use it toward my BTC margin?
[2016-02-01 02:50:59] rapidtrades : i have to pay rollover fees
[2016-02-01 02:51:44] rapidtrades : that prolly didn't make sense lol....nvm I'll email them
[2016-02-01 02:51:56] sleger : only thing that matters is tradable balance
[2016-02-01 02:52:38] rapidtrades : I meant to ask can I use my open profit in USD toward my margin, so I don't pay BTC rollover fees
[2016-02-01 02:53:31] sleger : what do you call btc rollover fees ?
[2016-02-01 02:53:37] rapidtrades : ok...say u have 10 BTC on finex...if u then short 10 BTC u don't pay rollover fees on that
[2016-02-01 02:53:51] rapidtrades : but u will pay fees on the 11th BTC u short
[2016-02-01 02:53:56] sleger : margin funding you mean
[2016-02-01 02:54:12] rapidtrades : so I was wondering if I can use that toward my margin funding yes...
[2016-02-01 02:54:19] sleger : i dont think you can
[2016-02-01 02:54:22] rapidtrades : sry we call them rollover fees in forex :)
[2016-02-01 02:54:30] rapidtrades : habit :)
[2016-02-01 02:55:19] rapidtrades : sleger: yeah didn't think so either..guess I will have to net out to 0 from time to time
[2016-02-01 02:55:21] sleger : bank and buy side traders actually call them swaps, but smaller retail face what their brokers tell them is rollover fees indeed
[2016-02-01 02:55:41] rapidtrades : :)
[2016-02-01 02:55:48] sleger : anyways, if you're long btc, and in profit, your profit is in usd
[2016-02-01 02:56:11] rapidtrades : I am net short and profit appears to be in USD
[2016-02-01 02:56:21] sleger : sorry meant to say short
[2016-02-01 02:56:24] laisee : rapidtrades: you can elect to pay fees in USD or BTC, on rolling bassis or when hyou close the swap(margin).
[2016-02-01 02:56:26] sleger : your profit is indeed in usd
[2016-02-01 02:56:47] sleger : but if you want to short more, what you need to borrow is BTC and not USD
[2016-02-01 02:56:53] sleger : so you cant use your profits anyway
[2016-02-01 02:57:16] rapidtrades : laisee: thanks man...well that certainly adds to complexity, will have to think this through for the optimal way to save fees
[2016-02-01 02:57:34] laisee : what the sleger says ... I have never found a way to use Finex profits for fees.
[2016-02-01 02:57:58] rapidtrades : that sucks....cos if I switch from short to long it will never realise the gain
[2016-02-01 02:58:05] rapidtrades : u have to net it out exactly
[2016-02-01 02:58:26] laisee : you mean short 2 long on net basis?
[2016-02-01 02:58:42] rapidtrades : on my current trade is says base price 510 lol....
[2016-02-01 02:59:07] laisee : ... why change a good thing?
[2016-02-01 02:59:10] rapidtrades : cos I went short and long so many times it doesn't know what to quote
[2016-02-01 03:00:00] sleger : going higher
[2016-02-01 03:00:18] laisee : maybe split accounts so you can have positional and day trades w/out confusing finex and ur-self.
[2016-02-01 03:04:43] rapidtrades : that wont help....I do a lot of switching from net short to net long and reverse and their system doesn't work well doing that
[2016-02-01 03:12:05] laisee : use one account for short and one for longs, then.
[2016-02-01 03:13:09] laisee : easier to separate different trading styles IMO.
[2016-02-01 03:17:24] REKT : Liquidated short on `XBT24H`: Buy 62 @ 371.83
[2016-02-01 03:22:34] REKT : Liquidated short on `XBT24H`: Buy 1500 @ 372.78
[2016-02-01 03:27:04] REKT : Liquidated short on `XBT24H`: Buy 225 @ 374.85
[2016-02-01 03:29:19] rapidtrades : god dam this is an excellent day
[2016-02-01 03:29:26] rapidtrades : PRAISE THE NEW GUY
[2016-02-01 03:30:04] REKT : Liquidated short on `XBT24H`: Buy 1 @ 375.49 :punch: :whale:
[2016-02-01 03:30:04] REKT : Liquidated short on `XBT24H`: Buy 100 @ 375.88
[2016-02-01 03:39:05] rapidtrades : holy shit volatility is off the charts
[2016-02-01 06:56:09] rapidtrades : what's the cheapest way to instantly hedge my exposure here?
[2016-02-01 09:21:03] REKT : Liquidated long on `XBT24H`: Sell 93 @ 372.35
[2016-02-01 11:04:16] lockhedge : still $2 discount, less than 1h to settlement
[2016-02-01 11:05:36] rapidtrades : hush
[2016-02-01 11:05:42] lockhedge : unpredictability of XBX may be a reason, nobody knows how weightings will be in 1h
[2016-02-01 11:10:38] zanza : Open Interest 245,644
[2016-02-01 11:11:34] rapidtrades : let's get it to a cool million
[2016-02-01 11:12:00] rapidtrades : one mirron dullars
[2016-02-01 11:16:56] lockhedge : 0.01 spread
[2016-02-01 11:30:29] rapidtrades : LET THE GAMES BEGIN GENTLEMENT
[2016-02-01 11:30:34] rapidtrades : -T
[2016-02-01 11:42:12] zanza : waiting for oil to hit 28 again
[2016-02-01 12:06:55] rapidtrades : lol evertyhing suddenly gotten calm after settlement
[2016-02-01 12:10:29] rapidtrades : zanza: yeah brent looks a bit top heavy
[2016-02-01 13:09:24] sleger : so how was my call to buy when finex was 365 and there was discount here and hold until settlement ?
[2016-02-01 13:49:35] zanza : good call :) i hope someone listened
[2016-02-01 13:51:03] tscha : The mysterious trader most likely didn't make any money on here. Still 170k at settlement at 376, and he shorted at 374-372 all day. Not sure how much he was able to offload at low prices, but I don't think that was much.
[2016-02-01 13:53:01] sleger : I saw a lot of buying around 365, and that wasnt just me, so maybe he bought and others took new shorts hence the open interest did not decrease.
[2016-02-01 13:59:39] laisee : yeah, there was a nice reversion from 365 up to 376. thanks to the unknown trader.
[2016-02-01 14:07:44] tscha : I closed about 20k shorts at 365-368, and open interest still remained the same. Add the probably 160k+ of Mr. Mysterious and you have a nice sum. I doubt that that many traders would actively go short on such a low price. But well, you never know.
[2016-02-01 14:22:41] REKT : Liquidated long on `XBT24H`: Sell 2000 @ 374.13
[2016-02-01 14:34:37] zanza : how can you close shorts, and the open interest remains the sme ?
[2016-02-01 14:34:47] zanza : it shoudl reduce open interest
[2016-02-01 14:37:15] BitMEX_Sam : zanza: Not necessarily, you may have just shifted the short to someone new who is opening one
[2016-02-01 14:44:58] blackwhite : guys you talk about a price which was 13 hours ago?
[2016-02-01 14:45:34] blackwhite : when do you sleep i wonder?
[2016-02-01 14:51:47] sleger : when bitcoin markets are closed of course
[2016-02-01 14:52:46] laisee : during the afternoon siesta.
[2016-02-01 14:53:38] laisee : we're all bots, of course, so sleep is not really required - just a reboot.
[2016-02-01 15:07:23] zanza : BitMEX_Sam: ok i get it
[2016-02-01 15:07:57] zanza : negative premium again today also :o
[2016-02-01 15:38:41] lester1617 : hi
[2016-02-01 15:39:00] lester1617 : where i can find the chart?...
[2016-02-01 15:39:26] BitMEX_Sam : lester1617: Click the "Chart" tab right above the Order Controls
[2016-02-01 16:03:15] lester1617 : im new here
[2016-02-01 16:03:58] lester1617 : which pairs are better to trade?...
[2016-02-01 16:04:53] zanza : XBT24H is highest volume
[2016-02-01 16:08:36] elmorte : BitMEX_Sam: I was reading the chat archive of the last 48hrs and Wally was discussing the new order types. Is that currently only on testnet?
[2016-02-01 16:10:05] elmorte : Had a busy weekend and wanted to catch up on all the goss in case you're wondering why
[2016-02-01 16:12:19] tscha : elmorte: yes, it is on testnet atm afaik
[2016-02-01 16:13:49] BitMEX_Sam : elmorte: Yep, still only in Testnet
[2016-02-01 16:13:57] BitMEX_Sam : We'll make a big announcement when it's all live, we're adding a lot of features
[2016-02-01 16:33:45] elmorte : Cheers
[2016-02-01 17:17:35] REKT : Liquidated long on `XBT24H`: Sell 1 @ 371.14 :punch: :whale:
[2016-02-01 19:23:09] REKT : Liquidated long on `XBT7D`: Sell 3204 @ 369.38
[2016-02-01 20:18:50] REKT : Liquidated long on `XBT24H`: Sell 233 @ 369.02
[2016-02-01 20:32:16] zanza : hmm, drifting back down
[2016-02-01 20:32:42] rapidtrades : where the F is the new guy
[2016-02-01 20:32:53] rapidtrades : I need some discount and/or premium
[2016-02-01 20:34:43] habibi : he figured out that there is settlement every 24h and position is not kept after :p
[2016-02-01 20:35:24] rapidtrades : has there been any discount or premium today
[2016-02-01 20:49:33] zanza : discount earlier
[2016-02-01 20:56:20] rapidtrades : how much
[2016-02-01 21:45:11] sleger : rapidtrades: hmm you made fun of someone 2 days ago for being a trader for 10 years and the only thing he can do is spot / fut arbitrage... reminds me of someone else now
[2016-02-01 22:07:17] zanza : habibi ?
[2016-02-01 22:18:55] habibi : zanza: what's up?
[2016-02-01 22:25:18] rapidtrades : sleger: meh...it's somewhat ''safe'' income...but with the current volatility in bitcoin directional has been much more profitable for me on a ROI basis
[2016-02-01 22:29:15] sleger : hard to beat a 1% a day...
[2016-02-01 22:30:28] rapidtrades : it's more like 0.5% on average?
[2016-02-01 22:30:56] rapidtrades : after fees etc....
[2016-02-01 22:32:27] sleger : depends which period, there was a more than 10% on daily when btc touched 500
[2016-02-01 22:33:03] rapidtrades : yeah...that's why I said average...smtimes there's nothing all day or maybe $1 arb
[2016-02-01 22:34:13] REKT : Liquidated short on `XBT24H`: Buy 300 @ 371.24
[2016-02-01 22:34:41] rapidtrades : sleger: also not sure how scalable it is...cause you have to hedge your exposure and USD spot doesn't have that much liquidity
[2016-02-01 22:36:34] sleger : I guess it depends how much you start from when you say scalable
[2016-02-01 22:36:49] sleger : I think for what you trade you can scale a lot
[2016-02-01 22:38:24] rapidtrades : idk...I've been using okc and finex to hedge and already takes me a long time to get filled...if u want insta fills u pay 0.2% each side so not really ideal for arbs
[2016-02-01 22:41:25] rapidtrades : 0.4% will eat most of the ''arb'' on most days
[2016-02-01 23:06:40] rapidtrades : zanza: nice drop in oil today
[2016-02-01 23:07:42] zanza : yeah i got lucky then cloased out to secure gains
[2016-02-01 23:08:01] zanza : dont want to gey too greey]dy, but i think we will see 27 again soon
[2016-02-01 23:15:14] rapidtrades : still looks very weak....keeping my short here
[2016-02-01 23:16:31] rapidtrades : I think we'll range for the next month or so but trading this shorter-term
[2016-02-01 23:46:35] REKT : Liquidated short on `XBT24H`: Buy 772 @ 371.46
[2016-02-02 00:38:26] REKT : Liquidated short on `XBT24H`: Buy 6370 @ 373.05
[2016-02-02 00:39:46] REKT : Liquidated short on `XBT24H`: Buy 2421 @ 373.35
[2016-02-02 01:55:10] micmix : BitMEX_Sam, BitMEX_Wally: saw a bunch of errors in the log: 500 Unable to find session after 3 retries.
[2016-02-02 01:56:28] micmix : and 500 Server Error, with html body "An internal server error occured."
[2016-02-02 05:47:34] REKT : Liquidated short on `XBT24H`: Buy 4000 @ 374.15
[2016-02-02 07:12:34] rapidtrades : anyone took some trades today?
[2016-02-02 07:13:10] rapidtrades : I think new guy died
[2016-02-02 07:13:14] rapidtrades : RIP new guy
[2016-02-02 11:59:15] habibi : love new guy :D
[2016-02-02 12:00:56] rapidtrades : is he back?
[2016-02-02 12:01:07] habibi : someone similar to him was before settlement
[2016-02-02 12:01:21] rapidtrades : hush he was awesome :)
[2016-02-02 12:01:40] rapidtrades : did u catch a piece of it?
[2016-02-02 12:02:16] habibi : yea, pennies but still, 23k opened long before settlement 0.8$ under settlement price
[2016-02-02 12:03:13] rapidtrades : dam u got more then me...and I thought I caught a lot
[2016-02-02 12:04:12] j8 : yeah i got around 24k also
[2016-02-02 12:04:36] j8 : someone wasn't looking at the clock i think
[2016-02-02 12:04:53] habibi : mine were 8071 orders, or he was trying to close position didnt check ope interest
[2016-02-02 12:06:00] habibi : i see there was nice premium at 7 hour before settlement
[2016-02-02 12:06:10] habibi : 376
[2016-02-02 12:06:23] rapidtrades : how do u know it was premium
[2016-02-02 12:06:54] habibi : coz finex by that time was a 374,china about 2520-2525
[2016-02-02 12:07:00] rapidtrades : I see a high of $379 on okc
[2016-02-02 12:07:11] rapidtrades : around that time
[2016-02-02 12:07:19] rapidtrades : finex has been low all morning
[2016-02-02 12:08:06] rapidtrades : finex $3 below okc now
[2016-02-02 12:08:07] j8 : there was a nice bid at 376, 25k or so
[2016-02-02 12:08:26] rapidtrades : was there a premium?
[2016-02-02 12:08:27] habibi : yea u right, but tradeblock index shows highest value as 374.31
[2016-02-02 12:08:45] j8 : yeah finex was 374ish
[2016-02-02 12:08:54] rapidtrades : ok so that's still only $1.7 premium...nothing to write home about
[2016-02-02 12:09:10] habibi : in other words that was the only premium in 24h
[2016-02-02 12:09:22] j8 : pretty boring but it was the most exciting thing to happen
[2016-02-02 12:09:29] rapidtrades : yeah it was a sucky day until settlement
[2016-02-02 12:10:27] rapidtrades : my volume today prolly matched yday due to those antics....I wonder if he will keep on selling
[2016-02-02 13:56:31] lockhedge : off topic.... very interesting list of cognitive biases (originally not for trading) https://en.wikipedia.org/wiki/List_of_cognitive_biases
[2016-02-02 13:57:21] lockhedge : robot builders be aware of the "IKEA effect" *The tendency for people to place a disproportionately high value on objects that they partially assembled themselves, such as furniture from IKEA, regardless of the quality of the end result.*
[2016-02-02 14:06:51] Teddy76 : 200 bots oO
[2016-02-02 14:14:58] zanza : http://imgur.com/uDFeKxY
[2016-02-02 14:16:04] sleger : that's just dumb, you can do that in any language
[2016-02-02 14:18:10] zanza : lol
[2016-02-02 15:11:25] tscha : lockhedge: that's basically the 101 of behavioural finance :D
[2016-02-02 15:11:38] tscha : some biases are really interesting indeed
[2016-02-02 15:17:52] lockhedge : tscha: yes, but a very comprehensive list with some biases that are not so commonly discussed in a finance context, but i'm no expert, only knew Kahneman's "loss aversion" before and learned about the concept of FOMO from this trollbox i think
[2016-02-02 15:20:39] lockhedge : i'm actually really interested in bot programming biases
[2016-02-02 15:21:27] lockhedge : and somehow obsessed to find a completely neutral market making strategy ;)
[2016-02-02 15:24:02] zanza : i kind of have an algorithm for one
[2016-02-02 15:24:44] zanza : I feel like bots should be based on indicative settle price (not fair) thats just my own opinion though
[2016-02-02 15:25:29] tscha : lockhedge: I specifially like the Curse of Knowledge effect :D
[2016-02-02 15:25:42] sleger : who said bots are based on fair price ? @zanza
[2016-02-02 15:26:38] tscha : lockhedge: it was first referred to by colin camerer, he actually was at our university recently and we had a chat with him after his speech
[2016-02-02 15:26:39] REKT : Liquidated short on `XBT7D`: Buy 1650 @ 375.27
[2016-02-02 15:27:05] sleger : tscha: oh you're a student...
[2016-02-02 15:27:13] tscha : pretty sick dude, had his bachelor with 16 or 17 I think, master with 19 and phd with 21
[2016-02-02 15:27:19] tscha : sleger: not anymore :)
[2016-02-02 15:28:35] tscha : he did all that while starting a band, they were pretty famous in their region, he started a record label too I think.. pretty cool guy
[2016-02-02 15:32:53] tscha : now he is doing experiments in collaboration with a medical institute, they create a trading simulation which involves experiencing a bubble and measure cognitive impulses of specific parts of the brain of the subjects
[2016-02-02 15:33:40] tscha : maybe he already published that though, that was over a year ago and haven't followed his work the last months
[2016-02-02 15:41:22] lockhedge : tscha: Camerer sounds very interesting, thanks
[2016-02-02 15:41:40] lockhedge : Colin Camerer: Neuroscience, game theory, monkeys https://www.youtube.com/watch?v=uKByBgqxOw4
[2016-02-02 15:42:20] tscha : yeah, you will like that :D
[2016-02-02 15:42:39] lockhedge : tscha: you are studying at UIBK?
[2016-02-02 15:43:08] tscha : I did my master in banking&finance there, yeah
[2016-02-02 16:02:39] lockhedge : tscha: indeed i like it https://twitter.com/RobotFinance/status/694551271450267648
[2016-02-02 16:03:10] REKT : Liquidated short on `XBT7D`: Buy 300 @ 375.73
[2016-02-02 16:04:10] REKT : Liquidated short on `XBT7D`: Buy 2000 @ 376.90
[2016-02-02 16:11:17] tscha : lockhedge: our behavioural finance department actually does a lot of stuff you would like: http://derstandard.at/1392686340413/Das-risikoreiche-Turnier-der-Haendler
[2016-02-02 16:26:19] lockhedge : tscha: yes, thanks
[2016-02-02 16:33:30] lockhedge : http://digitalasset.com/press/goldman-sachs-and-ibm-invest-in-digital-asset.html
[2016-02-02 18:44:14] REKT : Liquidated short on `ETH7D`: Buy 1385 @ 0.00632
[2016-02-02 20:06:36] REKT : Liquidated long on `XBT24H`: Sell 502 @ 371.80
[2016-02-02 20:31:07] rapidtrades : what a winter huh fellas...already feels like spring
[2016-02-02 20:41:04] rapidtrades : R ye ded fellas? say smth
[2016-02-02 20:43:58] tscha : rapidtrades: where are you from?
[2016-02-02 20:44:22] rapidtrades : europe...u?
[2016-02-02 20:44:33] tscha : you are british?
[2016-02-02 20:44:35] tscha : i am from austria
[2016-02-02 20:44:42] rapidtrades : nah why
[2016-02-02 20:44:58] tscha : well you are from an English speaking country right?
[2016-02-02 20:45:03] rapidtrades : nah man
[2016-02-02 20:45:16] tscha : so... where are you from?
[2016-02-02 20:45:24] rapidtrades : cos I used fellas? I'm classy like that :)
[2016-02-02 20:45:55] tscha : or to ask the question differently: where is your vpn server located?
[2016-02-02 20:46:42] rapidtrades : lol I'm not American
[2016-02-02 20:47:12] tscha : of course you aren't ?
[2016-02-02 20:48:28] rapidtrades : I was in Budapest in autumn...planned to make a day trip to Vienna but never got around to it...
[2016-02-02 20:48:34] rapidtrades : regret it now :)
[2016-02-02 20:48:48] tscha : so as an European, what state of the US do you like most?
[2016-02-02 20:49:56] rapidtrades : ...
[2016-02-02 20:50:24] tscha : i am talking about travelling/holidays obviously
[2016-02-02 20:50:59] rapidtrades : never been to US yet unfortunately
[2016-02-02 20:51:32] tscha : yeah, better stay in Europe right? ?
[2016-02-02 20:51:48] rapidtrades : wtf...lol
[2016-02-02 22:29:04] micmix : Groundhog Day 2016: Punxsutawney Phil sees no shadow, predicts early spring
[2016-02-02 23:15:59] BitMEX_Sam : Weather this winter has been more than strange, that's for sure
[2016-02-02 23:17:13] micmix : yeah, we had +5C days followed by -18C days
[2016-02-02 23:18:10] tscha : winter was/is very warm here
[2016-02-02 23:21:43] micmix : it's very warm here as well. usually the temperature is below -20C this time of year and it's -3 now, going to be +8 tomorrow
[2016-02-02 23:30:36] tscha : I love canada, was there a couple of times... but extreme temperatures, not only cold in winter but extremely hot in the summer too.. at least in Quebec
[2016-02-02 23:35:57] rapidtrades : ugh Quebec...the only good thing that came out out if that shithole is ''just for laughs''
[2016-02-02 23:37:22] rapidtrades : In fact let's nuke all french-speaking places and be done with it...
[2016-02-02 23:37:32] rapidtrades : nothing of value will be lost
[2016-02-02 23:37:34] tscha : what I also like about canada is that they don't give a shit about heliskiing. In Europe, this is forbidden pretty much everywhere
[2016-02-02 23:39:06] rapidtrades : Yuan getting into that 62/63 area again
[2016-02-02 23:39:41] rapidtrades : PBOC prolly intervened here past few days...wonder if they'll keep it up
[2016-02-03 00:17:17] micmix : tscha: Ontario is even worse than Quebec during summer, very hot and humid. I prefer west coast, like Whistler, BC :-)
[2016-02-03 00:19:39] micmix : tscha: www.whistlerheliskiing.com if you're up for it ;-)
[2016-02-03 00:20:35] tscha : I went with http://www.wiegele.com/
[2016-02-03 00:20:42] tscha : was fabulous
[2016-02-03 00:21:45] micmix : very nice!
[2016-02-03 00:30:04] tscha : was in Vancouver too for a month when I was younger, loved the city
[2016-02-03 03:07:08] REKT : Liquidated long on `XBT24H`: Sell 680 @ 370.72
[2016-02-03 03:08:27] rapidtrades : finex is going to shit again
[2016-02-03 03:08:30] rapidtrades : f this shit exchang
[2016-02-03 03:09:08] REKT : Liquidated long on `XBT24H`: Sell 1900 @ 368.55
[2016-02-03 09:10:38] lockhedge : EU commission will propose new AML rules for Bitcoin in June http://www.reuters.com/article/us-eu-terrorism-financing-idUSKCN0VB1N7
[2016-02-03 09:14:18] micmix : lockhedge: I thought KYC/AML was already required for bitcoin exchanges in EU, wasn't it?
[2016-02-03 09:24:42] lockhedge : there is no EU-wide definition of Bitcoin, so it depends how Bitcoin is defined by the member states, e.g. in Germany exchanges need to have a MTF or bank exchange
[2016-02-03 09:25:44] micmix : ah, ok. Bitstamp has been doing KYC/AML for a while
[2016-02-03 09:27:40] lockhedge : but there are other players in the field, e.g. in Austria you can buy a "Bitcoin bon" worth $150 which is like a virtual debit card or a voucher to top-up your moble phone - seems that the EC wants to target these prepaid systems when the €500 bill is the mst efficient money laundering instrument of the world
[2016-02-03 09:30:16] micmix : well I'm sure bans on cash or something similar to the US civil forfeiture laws are coming.
[2016-02-03 09:37:00] lockhedge : hearing on virtual currencies, European Parliament Committee on Committee on Economic and Monetary Affairs - 25/01/2016 http://www.europarl.europa.eu/news/en/news-room/20160121IPR10945/Committee-on-Economic-and-Monetary-Affairs-25012016-(PM) (video)
[2016-02-03 09:38:30] lockhedge : agenda https://polcms.secure.europarl.europa.eu/cmsdata/upload/6849f7ce-204b-455d-9405-d0b0093d3e06/Draft%20Programme%20hearing%20VCs.pdf (PDF)
[2016-02-03 09:42:57] lockhedge : micmix: no doubt the EU will follow the US, but i guess this process is more positive than negative for Bitcoin as is creates regulatory certainty (and credit card operators, phone companies and Bitcoin start-ups) are on the same side to get proportional rules for small transactions
[2016-02-03 09:56:38] micmix : lockhedge: yes, I agree with that unless the rules are prohibitively restrictive and full compliance is very expensive
[2016-02-03 10:30:47] rapidtrades : hows it going fellas?
[2016-02-03 10:40:45] micmix : rapidtrades: sloooow market
[2016-02-03 10:42:03] laisee : 372 +/- 2.00
[2016-02-03 10:43:28] rapidtrades : micmix: yeah 0 trades so far
[2016-02-03 11:11:03] REKT : Liquidated long on `XBT24H`: Sell 500 @ 370.60
[2016-02-03 11:17:34] lockhedge : who is selling at a $4 discount 45min before settlement?
[2016-02-03 11:18:02] tscha : someone who will start dropping coins at 11:30 UTC
[2016-02-03 11:19:26] tscha : but well, open interest is too low to make that profitable in any way, maybe just someone who is new
[2016-02-03 11:22:18] lockhedge : or stupid bots like mine who (passively) sold at 366.24 ;)
[2016-02-03 11:25:36] tscha : haha.. ouch
[2016-02-03 11:25:53] lockhedge : the bot was already sold out a bid, bought at a huge discount, so it suddenly offered very low asks for inventory/risk management reasons. this should actually not be that radical shortly before settlement
[2016-02-03 11:34:24] tscha : my bot did some small takers actually, maybe my bot bought from your bot :P
[2016-02-03 11:42:32] lockhedge : so this whole mess is actually our bots fault :)
[2016-02-03 11:45:07] lockhedge : will cost me about 0,5% of my balance... i really have to upgrade inventory management
[2016-02-03 12:01:45] thehawthorne : #hearnwasright
[2016-02-03 12:02:34] REKT : Liquidated long on `XBTH16`: Sell 16678 @ 395.27 **MEGA-REKT** :boom:
[2016-02-03 12:10:50] rapidtrades : JUST FACKING FALL ALREADY U SHITCOIN
[2016-02-03 12:34:46] slavo : are withdrawal still processed daily? at what time please?
[2016-02-03 12:35:25] tscha : slavo: one hour after settlement IIRC, so in approx. half an hour
[2016-02-03 12:37:02] slavo : ok ty
[2016-02-03 13:18:31] BitMEX_Sam : We're having a small service disruption - trading will be back online very shortly.
[2016-02-03 13:21:09] BitMEX_Sam : Service is back online.
[2016-02-03 15:24:22] tscha : Blockstream got another $50 in Series A funding.. rofl
[2016-02-03 15:25:30] tscha : They got $75m just from seeding rounds + Series A.... just to put that in context, facebook got $15 until after Series A while having a valuation of $100m at that time
[2016-02-03 15:28:36] tscha : There is *no way* on earth to achieve such a valuation without incorporating the control over the protocol into the business plan.
[2016-02-03 15:35:22] tscha : This is going to get so ugly the next months...
[2016-02-03 15:40:20] laisee : tscha: very ugly, that's a real shot across the bows for banks everywhere.
[2016-02-03 15:40:45] laisee : heh. and price is falling :-0
[2016-02-03 15:42:30] arbitrage001 : so mike hearn is right all along?
[2016-02-03 15:43:05] arbitrage001 : thought he was a whiner
[2016-02-03 15:44:17] habibi : all in all still this was the biggest bubble by volume ever, not counting mtgox one due to willy
[2016-02-03 15:44:42] arbitrage001 : bubble in what way?
[2016-02-03 15:44:55] habibi : in 230-->515 way
[2016-02-03 15:45:07] arbitrage001 : well
[2016-02-03 15:45:27] arbitrage001 : i remembered 200 to 1200 in a month
[2016-02-03 15:45:38] arbitrage001 : china bubble
[2016-02-03 15:46:11] habibi : as i said, i hope this time there is no willy
[2016-02-03 15:46:30] arbitrage001 : willy bot price manipulation is a myth
[2016-02-03 15:46:47] habibi : ...
[2016-02-03 15:47:09] arbitrage001 : mtgox price was pretty much disregard for most traders
[2016-02-03 15:47:22] arbitrage001 : most traders like me
[2016-02-03 15:47:35] arbitrage001 : only paid attention to btcchina and bitstamp at that time
[2016-02-03 15:47:43] habibi : yea yea
[2016-02-03 15:47:54] tscha : Don't think it was a "bubble" since there were actual investments made in the Bitcoin sector and promising partners were found. But I agree that the price might take a hit during the ugly fight that is about to come up between the dev teams. And yeah, Hearn was right with every single word he wrote.
[2016-02-03 15:48:34] tscha : If the fork doesn't happen in a smooth way the next 3 months, this is going to get *really* ugly.
[2016-02-03 15:50:17] habibi : arbitrage001 so lets say mtgox had no affect for price all around others exchanges. lets say even there was no willy with artificial created btcs or $, why if everyone was not looking into mtgox, price fallen at the hours mtgox went bankcruptcy, so much?
[2016-02-03 15:51:19] arbitrage001 : no one had been able to withdraw fiat from mtgox for more than months before it went bankcrupt
[2016-02-03 15:51:27] arbitrage001 : 6 months
[2016-02-03 15:52:01] arbitrage001 : risk for storing fiat or btc at mtgox was extremely hih
[2016-02-03 15:52:14] arbitrage001 : since people cant withdraw fiat
[2016-02-03 15:52:28] arbitrage001 : they buy btc at whatever premium just to transfer money out
[2016-02-03 15:53:04] arbitrage001 : i remember payin 7-9% premium
[2016-02-03 15:53:07] habibi : once again, why price has fallen that much at the time gox went bakrupcy?
[2016-02-03 15:53:29] habibi : arbitrage001: u had same 7-9% premium during this ride to 500 or second one
[2016-02-03 15:53:36] arbitrage001 : cuz people realized btc were missing
[2016-02-03 15:54:05] arbitrage001 : regardless
[2016-02-03 15:54:19] arbitrage001 : once people found out the ecchange in insolvent
[2016-02-03 15:54:27] arbitrage001 : people do random stupid things
[2016-02-03 15:54:41] arbitrage001 : price no longer has any relevant meaning
[2016-02-03 15:54:53] tscha : lol...
[2016-02-03 15:55:15] habibi : great explanation
[2016-02-03 15:55:42] habibi : but it means nothing less than gox had big influence for the price all over around
[2016-02-03 15:56:13] arbitrage001 : china central bank has much bigger influnce
[2016-02-03 15:56:31] arbitrage001 : and responsible for the mother of all crashes
[2016-02-03 15:56:46] arbitrage001 : 1200 back to 300
[2016-02-03 16:47:42] REKT : Liquidated short on `ETH7D`: Buy 200 @ 0.00682
[2016-02-03 17:19:25] rapidtrades : anyone else got ''too many requests'' message?
[2016-02-03 17:21:57] tscha : it probably means you should write less in chat, so you have more api-requests to trade
[2016-02-03 17:22:02] sleger : did you manage to write a bot ?
[2016-02-03 17:22:44] rapidtrades : no bot
[2016-02-03 17:24:01] sleger : then they probably limited your chat requests indeed. view archive, search for rapidtrades -> more than 100 found
[2016-02-03 17:24:47] rapidtrades : BitMEX_Sam: We're having a small service disruption - trading will be back online very shortly.
[2016-02-03 17:25:32] sleger : yeah and what's the message just after ?
[2016-02-03 17:26:44] rapidtrades : they prolly blanketed sent warnings cos they were DDOSed?
[2016-02-03 17:27:35] rapidtrades : I had like 10 posts in chat last 24 hrs so not sure what u mean @sleger
[2016-02-03 17:27:50] sleger : they are finding smart ways to regulate your chat requests. Just look at "View Archive"
[2016-02-03 17:29:09] rapidtrades : there's nothing there...
[2016-02-03 17:29:45] j8 : maybe your trades are too rapid
[2016-02-03 17:29:47] tscha : There are several 1-ordersize-orders in the book... maybe the guy posting these orders uses your api-keys to make it look more authentic @rapidtrades
[2016-02-03 17:30:39] sleger : I have past 3 days, and it says More than 100 matches. I copied it in Word and the result is 145....
[2016-02-03 17:31:04] rapidtrades : tscha: aren't API keys private
[2016-02-03 17:31:54] tscha : that was a j.... well nvm
[2016-02-03 17:32:07] sleger : rapidtrades: usually yes, but someone exposed yours in the chat 2 weeks ago
[2016-02-03 17:32:45] rapidtrades : any support here?
[2016-02-03 17:32:56] sleger : 350 is a good support
[2016-02-03 17:33:22] rapidtrades : meant bitmex support
[2016-02-03 17:33:52] sleger : if it's an emergency, in the country where your ... vpn... is not located, dial 911
[2016-02-03 17:35:05] rapidtrades : u prolly DDOSed bitmex with ur 111111 orders
[2016-02-03 17:37:35] sleger : if tick size was 0.1 it would not have been an issue. Same if min order size was 100
[2016-02-03 17:42:28] BitMEX_Sam : Hey rapidtrades
[2016-02-03 17:43:28] rapidtrades : BitMEX_Sam: hi Sam
[2016-02-03 17:44:22] BitMEX_Sam : As for your Too Many Requests issue, I see that happening during the disruption earlier, but nothing after
[2016-02-03 17:44:25] BitMEX_Sam : Nothing to worry about.
[2016-02-03 17:44:57] rapidtrades : yeah i assumed that was the problem, thanks
[2016-02-03 17:47:42] rapidtrades : another sharp reversal in usd/cnh today
[2016-02-03 17:48:09] rapidtrades : they let it go to 6.65 this time before prolly intervening again
[2016-02-03 19:48:37] REKT : Liquidated short on `XBT24H`: Buy 150 @ 371.44
[2016-02-03 22:15:58] rapidtrades : looks like more downside
[2016-02-03 22:18:21] zanza : i wanna go long KBIO lol, don
[2016-02-03 22:18:27] zanza : don't have a US stock broker th
[2016-02-03 22:28:35] rapidtrades : dollar got r*ped today...why? who knows
[2016-02-03 22:33:44] rapidtrades : us stocks stable why the rest of the world goes to shit...GIS LET'S SELL THE DOLLA
[2016-02-03 22:42:02] REKT : Liquidated long on `XBT24H`: Sell 10 @ 368.08
[2016-02-03 22:42:44] macios15 : dump is in the air
[2016-02-03 22:44:45] rapidtrades : don't jinx it bro
[2016-02-04 00:48:05] REKT : Liquidated short on `XBT24H`: Buy 560 @ 371.04
[2016-02-04 01:23:06] REKT : Liquidated short on `XBT24H`: Buy 149 @ 372.83
[2016-02-04 13:32:38] zanza : wow dead chat
[2016-02-04 13:36:09] tscha : will get more exciting the next weeks, dont wory
[2016-02-04 14:01:48] tscha : Freddy Fatfinger on Finex?
[2016-02-04 14:02:39] tscha : nope, controlled buying
[2016-02-04 14:03:09] REKT : Liquidated short on `XBT24H`: Buy 6000 @ 376.41
[2016-02-04 14:03:48] REKT : Liquidated short on `XBT7D`: Buy 1546 @ 378.20
[2016-02-04 14:05:22] tscha : wow
[2016-02-04 14:05:38] REKT : Liquidated short on `XBT7D`: Buy 3100 @ 379.38
[2016-02-04 14:05:39] REKT : Liquidated short on `XBT24H`: Buy 2500 @ 379.73
[2016-02-04 14:08:19] REKT : Liquidated short on `XBTH16`: Buy 2000 @ 407.75
[2016-02-04 14:08:19] REKT : Sell your house, sell your wife, sell your kids, BUY BITCOIN!
[2016-02-04 14:08:57] zanza : what happened
[2016-02-04 14:09:12] elmorte : Anything to do with Classic release?
[2016-02-04 14:09:47] elmorte : That was hours ago though....
[2016-02-04 14:10:05] elmorte : Holy crap, even the 6000 contract bot got liq
[2016-02-04 14:10:40] zanza : i think that was a US/EU jump
[2016-02-04 14:10:41] tscha : damn, dpe
[2016-02-04 14:11:00] zanza : almost 24 hours to sort it out
[2016-02-04 14:11:04] elmorte : Does DPE affect you if you have no open position?
[2016-02-04 14:11:18] zanza : emotionally, yes elmorte
[2016-02-04 14:11:24] elmorte : lol....*phew*
[2016-02-04 14:11:41] sleger : elmorte: what @zanza said is not true
[2016-02-04 14:11:51] sleger : it depends if you have realized pnl positive
[2016-02-04 14:12:02] elmorte : No, didn't trade today at all
[2016-02-04 14:12:05] zanza : 379.14
[2016-02-04 14:12:11] zanza : we should see that soon
[2016-02-04 14:12:17] sleger : elmorte: well so then why would it affect you... just dont trade while dpe exists
[2016-02-04 14:12:29] REKT : Liquidated short on `XBTH16`: Buy 1000 @ 408.62
[2016-02-04 14:12:30] elmorte : I have funds in my wallet...
[2016-02-04 14:12:39] elmorte : that is hosted on the Exc
[2016-02-04 14:12:45] elmorte : Just asking :)
[2016-02-04 14:13:19] elmorte : sleger: Thanks, noted!
[2016-02-04 14:29:25] zanza : DPE disappeared, but price never hit 379 ?
[2016-02-04 14:30:16] zanza : they must have changed their algorithm
[2016-02-04 14:35:21] j8 : zanza: unfilled liq's are moved around by the system, was always this way
[2016-02-04 14:39:29] zanza : then how come there has been DPE in the past?
[2016-02-04 14:44:33] sleger : because the price was at a level that created a loss
[2016-02-04 14:44:42] sleger : the "fair" price
[2016-02-04 14:45:34] sleger : poor rapidtrades, he must be crying
[2016-02-04 14:46:23] chromaticcr : almost Chinese newyear, time to place bets on CNY
[2016-02-04 15:05:19] sleger : No need to be rapid, better have the right direction
[2016-02-04 15:24:11] Lel : lel
[2016-02-04 15:28:09] Lel : yawn
[2016-02-04 15:35:11] REKT : Liquidated short on `XBT24H`: Buy 1599 @ 386.26
[2016-02-04 15:36:58] zanza : https://twitter.com/MartinShkreli/status/695264859907317761
[2016-02-04 15:44:48] rapidtrades : He has speaketh
[2016-02-04 15:49:29] zanza : rofl
[2016-02-04 15:52:49] tscha : cool, tradeblock api offers real-time trading data from 25 exchanges including full orderbooks from each exchange
[2016-02-04 16:05:52] Lel : tradeblock seems to do everything right
[2016-02-04 16:19:43] BitMEX_Sam : Their streaming data is really nice
[2016-02-04 16:25:36] elmorte : How can you tell when there is DPE?
[2016-02-04 16:26:47] lockhedge : tscha: it's not close to real-time, it's actually delayed data via TradeBlock's "proxy" server in the US, don't see any added value to get data that was sent e.g. from Bitfinex in Milan via NYC back to Europe