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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[2016-02-11 17:57:42] laisee : monero and darknote are good candidates for interest if/when Bitcoin price goes down.
[2016-02-11 17:59:21] messiaen8844 : elmorte: basically maidsafe it's decentralized hosting
[2016-02-11 17:59:40] messiaen8844 : interesting concept. And no , I don't own any coins on that lol. Just like the idea.
[2016-02-11 17:59:46] elmorte : Just googled it....HQ in UK
[2016-02-11 17:59:59] elmorte : Cheers. Hosting as in web hosting?
[2016-02-11 18:00:22] elmorte : Like P2P web hosting?
[2016-02-11 18:01:10] messiaen8844 : It used to be compared to Ethereum in its early stages, it's been a while since I read about it, so I don't remember much the details.
[2016-02-11 18:02:24] messiaen8844 : just using it as an example of money flowing to these kind of projects due to the "blockchain is hot"
[2016-02-11 18:02:43] messiaen8844 : pretty soon of that might flow into BTC as well, will be a great year for us
[2016-02-11 18:02:51] elmorte : Yup, understood
[2016-02-11 18:03:35] habibi : just wait if deutche bank will eventually falls
[2016-02-11 18:03:43] elmorte : But damn, it took a Princeton course for me to understand blockchain...just overwhelmed by all this
[2016-02-11 18:04:15] elmorte : Deutsche bank has the highest forex volume in the world, no?
[2016-02-11 18:04:50] elmorte : At least when I was in school, 7-8 yrs ago...
[2016-02-11 18:05:03] messiaen8844 : Took me quite a while to grasp the concepts, still learning many of the nuances, it's very hard. Even big Bitcoin players don't get it fully and sometimes will say very wrong things lol
[2016-02-11 18:06:03] elmorte : My majors were comp. sci. and banking/finance...you
[2016-02-11 18:06:09] elmorte : 'd think it's right up my alley
[2016-02-11 18:06:18] habibi : elmorte: its the 2nd biggest bank after china Bank, so probally same about forex
[2016-02-11 18:07:12] elmorte : habibi: What makes you think it will fall?
[2016-02-11 18:07:31] messiaen8844 : 21.co offers good tutorials
[2016-02-11 18:07:56] messiaen8844 : on the technical side of blocchains
[2016-02-11 18:08:17] habibi : http://www.independent.co.uk/news/business/news/is-deutsche-bank-the-next-lehman-brothers-a6864831.html
[2016-02-11 18:08:45] elmorte : The Princeton course on Coursera was pretty good too
[2016-02-11 18:10:04] elmorte : habibi: yikes...
[2016-02-11 18:10:53] habibi : anyway they have about 2.5 bilion $ in people's money and 20x times that involved in all types of derivatives
[2016-02-11 18:11:45] BitMEX_Arthur : Db will get bailed out
[2016-02-11 18:12:01] elmorte : Yeah, I got no sympathy for banks, but it's the common folk that suffer in the end
[2016-02-11 18:12:07] habibi : or that was in trillions
[2016-02-11 18:12:10] habibi : not sure :/
[2016-02-11 18:12:12] BitMEX_Arthur : germany will bail them out last minute
[2016-02-11 18:12:26] elmorte : Unless it's Iceland...those dudes are tough
[2016-02-11 18:12:30] jung1 : Yeah. Finance is moving to fintech companies. Banks are obsolete
[2016-02-11 18:12:32] habibi : BitMEX_Arthur: how to make money on it :D?
[2016-02-11 18:12:46] messiaen8844 : shorting?
[2016-02-11 18:12:51] jung1 : habibi: Watch big short movie
[2016-02-11 18:12:52] BitMEX_Arthur : If u can buy CDs on Chinese banks
[2016-02-11 18:13:02] BitMEX_Arthur : that is the next trade imo
[2016-02-11 18:13:07] messiaen8844 : what are CDs?
[2016-02-11 18:13:08] habibi : jung1: yea yea watched.
[2016-02-11 18:13:15] BitMEX_Arthur : credit default swaps
[2016-02-11 18:13:15] habibi : credit default swaps
[2016-02-11 18:13:27] jung1 : So you know what to do
[2016-02-11 18:13:27] BitMEX_Arthur : Db trade is over
[2016-02-11 18:14:03] elmorte : It says in the article, people owning CDS would profit from a bank failure
[2016-02-11 18:14:04] BitMEX_Arthur : u dont know how the govt will recap them someone will get smoked on the short side
[2016-02-11 18:14:06] habibi : jung1: they shorted mbs, do u think this time its again good shot?
[2016-02-11 18:14:40] BitMEX_Arthur : but there is no chance Db goes under ecb can just print money to keep them solvent
[2016-02-11 18:14:42] jung1 : Btw its good ponzi idea. Offer fake swaps on db. A lot of new money after big short movie
[2016-02-11 18:15:23] jung1 : Dont know. Maybe something else wi be this time. Have to go to los angeles on that banksters meetup
[2016-02-11 18:15:43] habibi : BitMEX_Arthur: maybe some new contracts for eventually finance doomsday :p?
[2016-02-11 18:16:05] habibi : u mean las vegas? ;p
[2016-02-11 18:16:13] elmorte : habibi: Stock up on canned tuna and gold
[2016-02-11 18:16:22] jung1 : Yeah
[2016-02-11 18:16:37] BitMEX_Arthur : Look out for China futures
[2016-02-11 18:16:37] jung1 : Well its possible to make that on ethereum
[2016-02-11 18:16:46] BitMEX_Arthur : that is coming very very soon
[2016-02-11 18:17:03] elmorte : BitMEX_Arthur: RMB futures or...?
[2016-02-11 18:17:07] habibi : BitMEX_Arthur: futher collapse?
[2016-02-11 18:17:13] jung1 : BitMEX_Arthur: chine futures traded by bitcoin?
[2016-02-11 18:17:34] BitMEX_Arthur : announcements will be coming out soon
[2016-02-11 18:17:35] jung1 : Awesome
[2016-02-11 18:17:42] habibi : ah yea saw on testnet
[2016-02-11 18:18:02] BitMEX_Arthur : Check out testnet all the contract details are there
[2016-02-11 18:18:10] elmorte : Isn't their whole economy in question though?
[2016-02-11 18:18:22] elmorte : As soon as export data falls, the market f'n crashes
[2016-02-11 18:18:35] BitMEX_Arthur : volatility is what you guys love
[2016-02-11 18:18:43] habibi : don't u as well :)?
[2016-02-11 18:18:44] elmorte : And lets face it, with everyone in the gutter, who they gonna export to?
[2016-02-11 18:18:51] elmorte : hehe...true dat
[2016-02-11 18:18:52] BitMEX_Arthur : I love it even more
[2016-02-11 18:18:54] tscha : Huh. So this is a real thing? Doesn't this bear huge issues around regulation?
[2016-02-11 18:19:17] BitMEX_Arthur : no it doesn't
[2016-02-11 18:19:30] elmorte : As long as it's not denominated in RMB?
[2016-02-11 18:19:45] jung1 : Damn eth is going to 10$
[2016-02-11 18:20:19] BitMEX_Arthur : Well once you start handling cash things get very hard for you
[2016-02-11 18:20:48] messiaen8844 : nice
[2016-02-11 18:20:56] elmorte : I know, I have RSI from all the counting...
[2016-02-11 18:21:45] habibi : BitMEX_Arthur: is that ur motto :D? https://youtu.be/GecJfQ17jTc?t=2m53s
[2016-02-11 18:22:39] BitMEX_Arthur : You guys fuck each other it's sum zero brah
[2016-02-11 18:22:43] elmorte : BitMEX_Arthur: Share the qualudes!
[2016-02-11 18:23:01] BitMEX_Arthur : didnt that movie make u want to do ludes
[2016-02-11 18:23:09] elmorte : Fuckin oath...
[2016-02-11 18:23:15] BitMEX_Arthur : i think that was the no one take away
[2016-02-11 18:23:23] habibi : - comission muth*%( fuc*$r :P
[2016-02-11 18:23:27] elmorte : I was like damn I'm in the wrong decade
[2016-02-11 18:24:17] tscha : Interesting. Futures on SPX however would indeed complicate things because it would bring in the CFTC right? So it's not just the fact that the denominated currency is BTC but also the fact that China handles derivative regulations looser?
[2016-02-11 18:25:47] BitMEX_Arthur : It's about whether u serve us persons
[2016-02-11 18:25:57] BitMEX_Arthur : the product is irrelevant
[2016-02-11 18:26:15] BitMEX_Arthur : if u and bet on the weather under Dodd frank that is a swap
[2016-02-11 18:26:20] BitMEX_Arthur : and regulated
[2016-02-11 18:26:42] BitMEX_Arthur : u and i
[2016-02-11 18:27:27] tscha : Why? Are you American?
[2016-02-11 18:27:48] BitMEX_Arthur : I'm saying if two Americans bet on the weather that is a swap
[2016-02-11 18:27:56] BitMEX_Arthur : swaps are regulated activities
[2016-02-11 18:28:06] tscha : Yeah, that is clear, but we aren't Americans :D
[2016-02-11 18:28:13] BitMEX_Arthur : exactly
[2016-02-11 18:28:24] elmorte : https://www.techinasia.com/goldman-sachs-bitcoin-bitmex
[2016-02-11 18:29:46] sleger : didnt know GS was an exchange, or that bitmex was an investment bank
[2016-02-11 18:30:10] elmorte : sleger: I didn't write the article :p
[2016-02-11 18:30:38] sleger : but you're posting it
[2016-02-11 18:30:56] elmorte : re-posting it technically.
[2016-02-11 18:32:09] tscha : BitMEX_Arthur: However, there is an explicit section in Dodd Frank that lets the CFTC reach further on swaps, even if both parties are non-US, if the swaps in concern could have influence on US markets. Wouldn't apply for Bitmex at the moment, but theoretically, if swaps are getting large here and underlyings are US stocks f.e., it would allow them to apply their regulation issues, even when you have 0 US customers.
[2016-02-11 18:32:37] sleger : of course, thats correct
[2016-02-11 18:32:51] tscha : Again, not applying to the volumes we are currently having here.
[2016-02-11 18:32:57] elmorte : tscha: How exactly would they enforce that?
[2016-02-11 18:33:09] sleger : there is no quantitative rule @tscha
[2016-02-11 18:33:33] sleger : if they want, they can.
[2016-02-11 18:33:55] elmorte : how? They gonna knock on someone's door in HK?
[2016-02-11 18:34:04] sleger : elmorte: extradition
[2016-02-11 18:34:16] elmorte : Worked for Snowden
[2016-02-11 18:34:17] jung1 : See you at 380
[2016-02-11 18:34:21] sleger : look at the UK guy being accused of manipulation, they want him in US jail
[2016-02-11 18:34:26] tscha : I guess they would need to convince some court that the swaps in concern have any influence on the markets, which is clearly not the case for Bitmex. But yeah, no exact threshold mentioned.
[2016-02-11 18:36:52] elmorte : sleger: Navinder Singh Sarao?
[2016-02-11 18:41:00] laisee : think the FT had some articles showing his influence was minimal and not on the periods in question.
[2016-02-11 18:41:30] sleger : elmorte: yes
[2016-02-11 18:42:09] sleger : laisee: that was just to give an example to " elmorte: tscha: How exactly would they enforce that?" and "elmorte: how? They gonna knock on someone's door in HK?"
[2016-02-11 18:42:34] laisee : sleger: sure.
[2016-02-11 18:43:38] elmorte : I don't think UK is a good representative of the rest of the world
[2016-02-11 18:43:48] elmorte : With regards to the US regulations
[2016-02-11 18:47:07] laisee : true, dat. If they didn't get Snowden back from HK then I doubt they will have a chance with some bitcoin day-traders.
[2016-02-11 18:47:23] jung1 : Btw estonia is most awesome coutry. They are going to create huge databases in embassys in strongest coutries so if there will be any danger they can move everything within a seconds
[2016-02-11 18:49:04] elmorte : laisee: word.
[2016-02-11 18:49:41] elmorte : jung1: yeah, but are they using ETH?
[2016-02-11 18:49:59] jung1 : Not yet
[2016-02-11 18:50:08] jung1 : Just meth from silkroad
[2016-02-11 18:50:18] elmorte : Hahaha
[2016-02-11 18:59:32] elmorte : 375? @jung1 wtf??
[2016-02-11 19:02:54] jung1 : Unpredictleble bitcoin
[2016-02-11 19:03:02] jung1 : Hate to love it
[2016-02-11 19:37:40] elmorte : jung1: Should be a slogan
[2016-02-11 19:37:57] REKT : Liquidated short on `ETH7D`: Buy 1902 @ 0.01471
[2016-02-11 19:47:37] elmorte : Anybody here married/
[2016-02-11 19:48:51] tscha : lqwo1i2
[2016-02-11 19:49:40] tscha : meh... wiping keyboard while chat has focus :)
[2016-02-11 19:50:30] elmorte : Ans here I was trying to decode the SOS
[2016-02-11 19:50:42] tscha : btw, anybody here owning a keyboard with topre switches?
[2016-02-11 19:51:59] elmorte : Nope, AFAIK
[2016-02-11 19:52:13] BitMEX_Sam : Those are pretty pricey aren't they?
[2016-02-11 19:52:19] tscha : BitMEX_Sam: yes
[2016-02-11 19:53:35] tscha : thinking about buying one, but I actually want to get my hands on one first. However, pretty much no shop here has one.
[2016-02-11 19:54:47] REKT : Liquidated long on `XBT24H`: Sell 500 @ 374.12
[2016-02-11 19:57:07] REKT : Liquidated long on `XBT7D`: Sell 2000 @ 373.63
[2016-02-11 20:02:00] tscha : Haha, interesting stuff that Wikipedians wrote 2006 about Greg Maxwell (now CTO of Blockstream): https://www.reddit.com/r/btc/comments/45ail1/wikipedians_on_greg_maxwell_in_2006_now_cto_of/
[2016-02-11 20:11:24] jung1 : BitMEX_Sam: Calculator does not work on mobile
[2016-02-11 20:11:36] jung1 : Cant put in any numbers
[2016-02-11 20:11:52] BitMEX_Sam : jung1: I'll take a look
[2016-02-11 20:15:27] Strobelov : jung1: works for me if you touch and hold, as if to select the box's contents; then it lets you edit. Sort of.
[2016-02-11 20:16:25] Strobelov : But yes, it's at least partially broken on mobile (iOS).
[2016-02-11 20:16:46] BitMEX_Sam : Nice trick.
[2016-02-11 20:16:57] jung1 : Oh you are right
[2016-02-11 20:17:10] jung1 : Same on androind 5.1
[2016-02-11 20:17:58] Strobelov : iOS has arrow buttons you can use to more easily jump between boxes once you have an initial selection, at least.
[2016-02-11 20:24:33] jung1 : Damn eth
[2016-02-11 20:24:41] jung1 : Love it
[2016-02-11 20:41:32] zanza : wow ETH just keeps climbing
[2016-02-11 21:00:56] BitMEX_Sam : jung1: Strobelov: The bug is fixed, thanks for the report.
[2016-02-11 21:06:26] Strobelov : Awesome :D
[2016-02-11 21:23:24] zanza : maybe all those Reddit ETH spammers work finally paid off
[2016-02-11 21:32:00] REKT : Liquidated short on `ETH7D`: Buy 2015 @ 0.01511
[2016-02-11 21:35:00] REKT : Liquidated short on `ETH7D`: Buy 50 @ 0.01551
[2016-02-11 21:35:00] REKT : Liquidated short on `ETH7D`: Buy 836 @ 0.01551
[2016-02-11 21:35:26] lazerdye : I just made back thanks to eth what I lost from the btc dump... Now let' just get safely to settlement...
[2016-02-11 21:46:03] zanza : I would short the hell out of ETH right now
[2016-02-11 21:46:07] zanza : if i have coins here
[2016-02-11 21:46:25] habibi : sadly that doesnt meant u right :(
[2016-02-11 21:47:26] rapidtrades : f*ck ETH that POS coin
[2016-02-11 21:47:37] habibi : pow
[2016-02-11 21:47:44] habibi : future was already changed so many times :p
[2016-02-11 21:47:52] rapidtrades : like zanza says don't trust that spammer-run coin
[2016-02-11 21:48:07] habibi : yea coz btc is white knight :D
[2016-02-11 21:48:51] rapidtrades : habibi: it's not the white night HABIJI but it's not rallying on spam for me
[2016-02-11 21:49:03] rapidtrades : for one*
[2016-02-11 21:50:36] habibi : its west west crypto
[2016-02-11 21:51:32] rapidtrades : it's bullshit that's what it is...if it gained for solid reasons I would be cool but on spam? shorting should be ok but not right now
[2016-02-11 21:51:53] habibi : btc biggest bubble was maid with artificial money
[2016-02-11 21:52:02] habibi : bubble is bubble, take profit and run.
[2016-02-11 21:52:09] habibi : made*
[2016-02-11 21:52:10] rapidtrades : MONEY but SPAM
[2016-02-11 21:52:18] rapidtrades : but=not
[2016-02-11 21:52:25] rapidtrades : just woke up
[2016-02-11 21:52:40] habibi : anyway u sounds like missed the train, sorry for that
[2016-02-11 21:52:54] rapidtrades : what....
[2016-02-11 22:01:41] REKT : Liquidated short on `ETH7D`: Buy 150 @ 0.01645
[2016-02-11 22:01:49] rapidtrades : BRUTAL
[2016-02-11 22:04:23] Strobelov : crash, you stupid spamcoin
[2016-02-11 22:05:01] rapidtrades : it will...eventually
[2016-02-11 22:05:19] rapidtrades : it's just very dangerous to short this parabolic uptrend
[2016-02-11 22:05:50] rapidtrades : who knows where it will stop...0.03? 0.06? 0.12?
[2016-02-11 22:06:51] Strobelov : indeed
[2016-02-11 22:07:14] rapidtrades : anyone else stuck in a okc/finex arb lol
[2016-02-11 22:07:16] habibi : theoretically @0.20 there will be no btc left to cover lel
[2016-02-11 22:07:52] rapidtrades : what...does that mean this shit coin is now over 10% of crypto
[2016-02-11 22:08:44] habibi : about 8%
[2016-02-11 22:08:48] rapidtrades : 469 million!!!!!!!!!
[2016-02-11 22:09:00] rapidtrades : $6...rly ppl...REALLY
[2016-02-11 22:10:22] rapidtrades : can't be worth more then LTC/ripple
[2016-02-11 22:14:07] Mangalica : yet it is
[2016-02-11 22:14:31] rapidtrades : shut up Butlerik or whatever ur name is @Mangalica
[2016-02-11 22:15:16] rapidtrades : sry about that i guess technically ur right
[2016-02-11 22:15:41] rapidtrades : fair value has to be lower though
[2016-02-11 22:15:51] Mangalica : i'm sure it'll be a great short though
[2016-02-11 22:16:41] Mangalica : yeah this sort of madness usually ends in panic selling at some point
[2016-02-11 22:17:10] Mangalica : even if it's just a shakeout in an even bigger move
[2016-02-11 22:17:18] rapidtrades : finding a good short point will be hard....my charts say min 0.005 but by then it would've lost 2/3 already
[2016-02-11 22:19:53] jung1 : Polo is down?
[2016-02-11 22:20:24] Mangalica : up for me
[2016-02-11 22:20:52] REKT : Liquidated short on `ETH7D`: Buy 1230 @ 0.01666
[2016-02-11 22:21:26] jung1 : I have 522 host error
[2016-02-11 22:21:29] Mangalica : nvm, reloading the page doesn't work
[2016-02-11 22:21:42] Mangalica : my lending bot is getting 504 as well
[2016-02-11 22:21:51] habibi : working fine for me
[2016-02-11 22:22:15] Mangalica : try to load a page in a different tab
[2016-02-11 22:22:49] Mangalica : ok back for e
[2016-02-11 22:22:58] jung1 : Mangalica: You made own lending bot? Or some open source?
[2016-02-11 22:23:07] Mangalica : *me. Bot is able t connect as well.
[2016-02-11 22:23:12] REKT : Liquidated short on `ETH7D`: Buy 150 @ 0.01702
[2016-02-11 22:23:22] REKT : Liquidated short on `ETH7D`: Buy 100 @ 0.01720
[2016-02-11 22:23:50] Mangalica : it's open source
[2016-02-11 22:24:13] Mangalica : poloniexlendingbot
[2016-02-11 22:24:16] jung1 : Whats the name?
[2016-02-11 22:24:22] jung1 : Thanks
[2016-02-11 22:25:04] jung1 : Whats you avarage profit on it? On which coins you operated?
[2016-02-11 22:25:40] Mangalica : all ad ay coins which are lendable work
[2016-02-11 22:26:38] Mangalica : the rates nowadays are quite high on BTC.. 0.14-0.15% doable
[2016-02-11 22:27:17] Mangalica : but the minimum term is 2 days and you are only getting the interest when the loan returns, unlike on Finex, so it doesn't compound that well
[2016-02-11 22:28:04] habibi : so only if its profitable for lender?
[2016-02-11 22:28:17] jung1 : You lend on finex as well?
[2016-02-11 22:28:22] Strobelov : welp, never keep an open short ETH position when stepping onto the metro, even for a short ride \o/
[2016-02-11 22:28:44] Mangalica : no, you are getting the coins back (unless shit happens), but whether you are able to recycle daily or every second day on average matters in the long run
[2016-02-11 22:28:55] jung1 : And whats the danger of losing coins when you lend?
[2016-02-11 22:29:22] Mangalica : i used to lendon finex as well when USD rates were better, nt so much nowadays
[2016-02-11 22:30:07] habibi : in case margin will not get liquidated propertly u can loose up to 100% right?
[2016-02-11 22:30:19] Mangalica : well if you lend BTC and the other party gets nuked i a levraged long they might lose some of your coins as well, unless they get liquidated as intended
[2016-02-11 22:31:05] jung1 : No risk no fun
[2016-02-11 22:31:10] rapidtrades : Mangalica: is that risk shared overall by all lenders or is it matched up with just two ppl
[2016-02-11 22:31:16] Mangalica : yes I assume that danger is present. I dont see Polo reinbursing lenders, but i havent looking into it in detail
[2016-02-11 22:31:42] jung1 : Have you lost coin in that way?
[2016-02-11 22:31:47] Mangalica : i think it's just you and the gambler, no socialized losses
[2016-02-11 22:31:56] Mangalica : no, not yet
[2016-02-11 22:32:28] rapidtrades : Mangalica: well that doesn't seem fair, very unpredictable...u can't control who will take ur monies
[2016-02-11 22:32:37] jung1 : When I asked on polo trollbox admins said that theres basicly no way to lose
[2016-02-11 22:32:48] jung1 : But cant hear any details
[2016-02-11 22:33:25] Mangalica : that sounds like guaranteed liquidation but i'm not sure how they'd be able to pull that off in ETH dumped to 0.011 just now, for example
[2016-02-11 22:34:13] jung1 : Well you lend for short and long as well
[2016-02-11 22:34:49] Mangalica : BTC for longs, rest of shorts, yes
[2016-02-11 22:34:52] Mangalica : https://poloniex.com/terms/
[2016-02-11 22:35:15] Mangalica : if you read the terms under "margin trading" you see that they offer no guarantees at all
[2016-02-11 22:35:22] Mangalica : for lenders
[2016-02-11 22:35:28] jung1 : So maybe in xase of dump shorters cover all loses for lenders
[2016-02-11 22:35:46] rapidtrades : dam
[2016-02-11 22:35:59] rapidtrades : raped by lending fees+clawback?
[2016-02-11 22:36:20] Mangalica : there is no clawback on polo
[2016-02-11 22:36:43] rapidtrades : well if @jung1 is correct then there could be
[2016-02-11 22:37:02] rapidtrades : what's the leverage
[2016-02-11 22:37:11] jung1 : Basicly that kind instrument that have some guarantees like social cover etc could work
[2016-02-11 22:37:19] jung1 : 2,5
[2016-02-11 22:37:42] Mangalica : there is no mention of that so i assume all loans work on a case by case basis. Also, it's just a spot exchange so socialized anything is nigh impossible to pull off
[2016-02-11 22:38:48] Mangalica : you can withdraw profits immediately and - unless you do something spectacular - they probably won't go after you for the money (no info is needed anyway, apart from names)
[2016-02-11 22:39:10] jung1 : Yeah but kind of third party investment instrument that will ofer guaranteen
[2016-02-11 22:39:29] jung1 : Could work. Stable 1-4% profit
[2016-02-11 22:40:11] Mangalica : yeah, maybe insuring your loans for a fee
[2016-02-11 22:40:22] Mangalica : and trading that as an instrument, like a CDS
[2016-02-11 22:40:53] Mangalica : possible but not likely to be implemented these days
[2016-02-11 22:40:54] jung1 : Hot topic right now
[2016-02-11 22:41:16] Mangalica : i mean on individual polo loans
[2016-02-11 22:41:46] jung1 : But if we will offer it for exchanges
[2016-02-11 22:41:47] Mangalica : I heard bitmex may offer these for exchanges as such
[2016-02-11 22:42:20] jung1 : Or payment processors
[2016-02-11 22:42:36] jung1 : Theres already market for that
[2016-02-11 22:46:24] Mangalica : looks like my ETH short is working out for now
[2016-02-11 22:46:42] REKT : Liquidated long on `ETH7D`: Sell 25 @ 0.01623
[2016-02-11 22:52:45] habibi : finally end of bubble ?
[2016-02-11 22:53:22] jung1 : Eth will hit 100$ in one year drom now
[2016-02-11 22:53:28] Mangalica : no idea, i'm not good at longer time frames
[2016-02-11 22:53:38] habibi : yea yea dream on :D
[2016-02-11 22:53:42] Mangalica : closed some of the short to lock in profits
[2016-02-11 22:55:14] jung1 : I have a feeling
[2016-02-11 22:55:18] jung1 : Trust me
[2016-02-11 22:56:33] habibi : call Sam for making 1y contracts for eth and long live ;)
[2016-02-11 22:56:52] jung1 : Hehe
[2016-02-11 22:56:58] Mangalica : closed the rest of my short
[2016-02-11 22:57:05] jung1 : Sound good
[2016-02-11 22:57:21] Mangalica : now it'll probably collapse
[2016-02-11 22:57:23] jung1 : Shorting eth is tricky
[2016-02-11 22:57:23] Mangalica : :)
[2016-02-11 22:58:09] Swedishnut : EXP wow check it out on coin market cap but 1100%+ rise. it is ether clone
[2016-02-11 22:58:29] habibi : heh yea saw that
[2016-02-11 22:58:38] habibi : there is definitely euphoria phase on polo chat
[2016-02-11 22:58:40] Mangalica : yeah i got blindsided by that one
[2016-02-11 22:59:00] jung1 : Someone made tons of money
[2016-02-11 22:59:13] jung1 : Pump like in '13
[2016-02-11 22:59:18] Mangalica : meaning i missed the bus on it, but atleast ETH treated me well
[2016-02-11 22:59:21] Swedishnut : still holding my 430 :)
[2016-02-11 22:59:22] habibi : think other way,someone loose tons of money but he is not realised of that yet
[2016-02-11 22:59:48] jung1 : Thats how market works
[2016-02-11 22:59:59] habibi : same i can say for ur comment :)
[2016-02-11 23:00:25] jung1 : But devs are quite happy imo
[2016-02-11 23:00:42] jung1 : To be honest I did not heard about that
[2016-02-11 23:00:52] jung1 : Before
[2016-02-11 23:00:58] habibi : thanks for being honest with us <3
[2016-02-11 23:01:25] Mangalica : i only saw it today when i noticed a coin was up 500% or so
[2016-02-11 23:01:52] jung1 : You cant be sure that im honest when Im say that I will be honest
[2016-02-11 23:01:52] habibi : cheap eth :D
[2016-02-11 23:02:00] jung1 : Honestception
[2016-02-11 23:03:15] Mangalica : ETH might be a good short for a potential double top DISCLAIMER: educational only, not trading advice
[2016-02-11 23:03:26] Mangalica : :P
[2016-02-11 23:03:53] REKT : Liquidated short on `ETH7D`: Buy 1071 @ 0.01684
[2016-02-11 23:03:53] REKT : Liquidated short on `ETH7D`: Buy 50 @ 0.01685
[2016-02-11 23:06:19] Mangalica : i'm off to bed, happy trading ya'll, don't let the ETH bite
[2016-02-11 23:12:05] jung1 : see ya
[2016-02-11 23:13:39] jung1 : too bad that exp is not on margin. I would sell my car to short it
[2016-02-11 23:16:53] REKT : Liquidated long on `ETH7D`: Sell 10 @ 0.01573
[2016-02-11 23:23:26] habibi : jung1: at what lvl u would short :)?
[2016-02-11 23:24:08] jung1 : Well already shor 40% of my position at 17
[2016-02-11 23:24:30] jung1 : And wait a bit for rebuy
[2016-02-11 23:24:33] habibi : talking about exp, just wanna make fun of u later in case ur car would get liquidated
[2016-02-11 23:24:56] jung1 : But I see than money flows to factom
[2016-02-11 23:25:11] jung1 : Nah Im not touch this
[2016-02-11 23:25:47] jung1 : I made exp in diablo 2
[2016-02-12 00:04:04] jung1 : exp pump already hit 2300% profit
[2016-02-12 00:04:17] habibi : profit for who?
[2016-02-12 00:05:08] habibi : anyway ur car would be liquidated already if u would short at the time of speaking.
[2016-02-12 00:05:14] jung1 : for anyone who bought it 8h ago
[2016-02-12 00:07:12] jung1 : I checked that exp and its not new coin at all
[2016-02-12 00:07:23] jung1 : looks like just fun of some whales
[2016-02-12 00:10:13] jung1 : I will buy some in two weeks from now
[2016-02-12 00:10:27] jung1 : looks very simmilar to eth pump
[2016-02-12 00:27:45] REKT : Liquidated short on `ETH7D`: Buy 15 @ 0.01671
[2016-02-12 00:49:50] micmix : http://www.theweathernetwork.com/news/articles/only-in-canada-nb-woman-takes-dog-sled-to-tim-hortons/63476/
[2016-02-12 01:21:26] REKT : Liquidated short on `ETH7D`: Buy 13 @ 0.01737
[2016-02-12 01:21:26] REKT : Liquidated short on `ETH7D`: Buy 600 @ 0.01733
[2016-02-12 01:57:53] zanza : lol Canada
[2016-02-12 01:58:12] zanza : did ETH bubble pot yet ?
[2016-02-12 01:58:23] zanza : pop
[2016-02-12 04:31:32] REKT : Liquidated short on `XBT24H`: Buy 1901 @ 379.94
[2016-02-12 04:33:59] elmorte : jung1: 380, good call
[2016-02-12 05:25:23] REKT : Liquidated long on `ETH7D`: Sell 25 @ 0.01642
[2016-02-12 05:50:10] rapidtrades : good morning gents
[2016-02-12 05:59:40] HugeRoo : First death cross on the 5m moving averages on ETHXBT for ages. Here comes the pain bulls.
[2016-02-12 06:00:25] HugeRoo : This is coming hard and fast.
[2016-02-12 06:04:16] zanza : i wish i had coins here
[2016-02-12 06:48:31] rapidtrades : way too soon to short imo
[2016-02-12 06:56:28] HugeRoo : ProofOfStake @rapidtrades - if you think its going back up, I'll sell you some at 0.017BTC :)
[2016-02-12 07:24:26] REKT : Liquidated long on `ETH7D`: Sell 11 @ 0.01494
[2016-02-12 07:35:37] REKT : Liquidated short on `ETH7D`: Buy 10 @ 0.01517
[2016-02-12 07:46:48] zanza : timber lol
[2016-02-12 08:04:31] DareDevil : ouch on ETH
[2016-02-12 08:10:17] Tulip_stefan : are there any decent charting sites for eth? I usually use bitcoinwishdom and coinorama, but they haven't added eth yet.
[2016-02-12 08:11:01] messiaen8844 : Cryptowat.ch and tradingview, but TV only has kraken
[2016-02-12 08:11:25] zeropoint : cryptrader
[2016-02-12 08:12:51] Tulip_stefan : thanks.
[2016-02-12 08:14:48] REKT : Liquidated long on `ETH7D`: Sell 350 @ 0.01374
[2016-02-12 08:22:46] Tulip_stefan : interestingly, there is no correlation between btc/usd en eth/btc.
[2016-02-12 08:23:23] Tulip_stefan : has anyone ever tried btc and ltc pairs in the past?
[2016-02-12 08:25:23] DareDevil : Tulip_stefan: https://tradeblock.com/markets/polo/eth-xbt/1h/
[2016-02-12 08:27:41] rapidtrades : how's it hanging gentlemen?
[2016-02-12 08:28:34] zanza : watching ETH break down, pretty fun
[2016-02-12 08:31:36] rapidtrades : yeah that's a nice crash past 30 mins
[2016-02-12 08:32:09] rapidtrades : f charts are wonky here
[2016-02-12 08:33:17] zanza : i want to long silver/gold
[2016-02-12 08:33:24] zanza : but looking for a good entry
[2016-02-12 08:34:40] rapidtrades : I haven't traded those in few years, don't like the way they move
[2016-02-12 08:34:55] rapidtrades : too much noise
[2016-02-12 08:36:34] zanza : doing long term play, ie: markets crash and metals are safe haven
[2016-02-12 08:37:25] rapidtrades : I'm looking at a daily chart gold is already going parabolic
[2016-02-12 08:37:57] rapidtrades : 4% gain yday
[2016-02-12 08:39:08] rapidtrades : also if u go back to 2008, u can see that gold doesn't always gain during market crashes
[2016-02-12 08:39:09] REKT : Liquidated short on `ETH7D`: Buy 36 @ 0.01519
[2016-02-12 08:39:09] zanza : yeah, that is why i am worried about my entry being too late
[2016-02-12 08:40:10] rapidtrades : if u don't have other reasons for longing gold then crashing markets, it's better to go the direct route...removes variables
[2016-02-12 08:44:00] rapidtrades : also 10 green days in a row for gold....2 were very small gains but still counts :)
[2016-02-12 08:52:24] rapidtrades : f*ck I can't believe I forgot about okc settlement today lol....lucky I didn't have any expiring weeklies
[2016-02-12 08:53:32] rapidtrades : can anyone link me to the new okc exchange rate for usd/cny
[2016-02-12 08:54:02] rapidtrades : they should adjust it post-settlement if I'm not mistaken
[2016-02-12 10:18:43] Tulip_stefan : Are there any decent papers on market making with maker/taker fees? My order placement strategy has always been a bit of a hack, but so far i haven't been able to find any useful research on the topic. Or any algorithmic trading topic, for that matter...
[2016-02-12 10:19:58] rapidtrades : Tulip_stefan: haven't found any but that would be fascinating to read
[2016-02-12 10:20:31] Tulip_stefan : all papers in this area seem either complete shit or written by math wizards way above my level.
[2016-02-12 10:20:44] rapidtrades : do u mean in terms of market impact or in terms of trading profit
[2016-02-12 10:21:24] Tulip_stefan : trading profit.
[2016-02-12 10:21:46] Tulip_stefan : i have been able to find some on market impace, but they mostly attempt to solve the question
[2016-02-12 10:22:04] rapidtrades : no idea...bot makers around here say that 90% of their profit comes from spread, not the rebates
[2016-02-12 10:22:13] Tulip_stefan : 'need to buy X lots in 1 hour, what is the best way'. But i'm not really interesed in that.
[2016-02-12 10:22:14] rapidtrades : Tulip_stefan: what q
[2016-02-12 10:22:20] rapidtrades : oh...okay
[2016-02-12 10:22:29] Tulip_stefan : pressed enter too early.
[2016-02-12 10:22:37] rapidtrades : :)
[2016-02-12 10:23:00] Tulip_stefan : the problem is that the difference between the maker-taker fees is large enough to completely offset my profits if i enter a taker fee too often.
[2016-02-12 10:23:49] rapidtrades : right...by bot makers i mean market making bots, they usually go in/out with limits
[2016-02-12 10:24:47] habibi : basically there is no maker fee
[2016-02-12 10:24:48] habibi : here
[2016-02-12 10:25:09] rapidtrades : it's not a very good fee structure for traders imo....as a package the fees are too high compared to say okc
[2016-02-12 10:25:28] rapidtrades : esp on daily, which is the only liquid contract here
[2016-02-12 10:26:01] habibi : yep, i made great roi of initial depo here but still i think i paid more for fees during whole that time
[2016-02-12 10:26:22] Tulip_stefan : the higher fees are justifyable if you hold long enough due to the absence of interest, but obviously that doesn't work on the 24 contract.
[2016-02-12 10:26:31] Tulip_stefan : on most exchanges i profit around 2x the amount i pay in fees.
[2016-02-12 10:27:09] habibi : Tulip_stefan: so why not going huobi/okc/btcchina spot in cny to avoid any fees
[2016-02-12 10:27:32] rapidtrades : problem is the new fee structure hasn't impacted the spread that much
[2016-02-12 10:27:47] Tulip_stefan : difficult to make money on exchanges that are already swarmed with bots.
[2016-02-12 10:28:25] rapidtrades : fees it needs to be halved at least imo...now average is 0.05% it should be max 0.025% or even lower for the daily
[2016-02-12 10:28:43] rapidtrades : okc is 0.03% in and out
[2016-02-12 10:29:09] Tulip_stefan : i tried machine learning HFT on okcoin.cn, it went okay for some time and time (no loss day over a month acros 4 accounts, avg profit per day 0.7%), then i suddendly lost 30% on one day. Still haven't figured out why.
[2016-02-12 10:29:27] rapidtrades : plus spreads are much lower on okc weeklies
[2016-02-12 10:30:49] Tulip_stefan : I don't like the socialized losses. It's like 'hey, lets reward the biggest risk takers!'. I take very little risk.
[2016-02-12 10:31:33] rapidtrades : agreed...u have socialized losses here too though
[2016-02-12 10:31:33] Tulip_stefan : if you ever get margin called, than you're doing algoritmic trading wrong.
[2016-02-12 10:34:02] Tulip_stefan : The socialized losses here seem more fair than at okcoin for some reason.
[2016-02-12 10:48:27] Tulip_stefan : is there a specific reason all mentions of 0kc are changed to woodchipper?
[2016-02-12 10:49:27] Tulip_stefan : unicode character test: ｏｋｃｏｉｎ
[2016-02-12 11:16:43] REKT : Liquidated short on `ETH7D`: Buy 10 @ 0.01468
[2016-02-12 11:18:03] rapidtrades : offshore yuan 6.52
[2016-02-12 11:18:46] habibi : wait till monday
[2016-02-12 11:19:25] rapidtrades : wait for what
[2016-02-12 11:34:23] Strobelov : bleh, my ETH short got liquidated 0.0004 below the peak
[2016-02-12 11:34:33] Strobelov : Oh well
[2016-02-12 11:35:52] habibi : peak is peak but actual mark price could be more or less but higher
[2016-02-12 11:41:15] tscha : 3 more days until btc market comes alive again <3
[2016-02-12 11:41:53] habibi : woohoo ! :)
[2016-02-12 11:42:14] rapidtrades : tscha: my bet is on Saturday
[2016-02-12 11:42:15] chromaticcr : or perhaps the chinese wanna have everyone who havent got on the train to get rekt?
[2016-02-12 11:45:56] DareDevil : how come ETH mark price is still 1488, while all exchanges are 1520 - 1545
[2016-02-12 11:46:11] chromaticcr : 2 hour TWAP
[2016-02-12 11:46:22] rapidtrades : DareDevil: settlement calculation going on right now
[2016-02-12 11:46:40] DareDevil : so will be around 1500 then...
[2016-02-12 11:46:45] DareDevil : if prices stay around this
[2016-02-12 11:46:56] rapidtrades : no....it will be at 0.01488
[2016-02-12 11:47:21] rapidtrades : cos we only have 13 mins left...pretty much locked in
[2016-02-12 11:49:32] habibi : we will be around 95 prolly
[2016-02-12 11:50:12] DareDevil : and all open positions will be closed agains mark price?
[2016-02-12 11:50:35] rapidtrades : they're closed at the settlement price...the grayed out price
[2016-02-12 11:51:10] DareDevil : thnx for the info
[2016-02-12 11:51:11] habibi : mark price =settlement price at ethernum
[2016-02-12 11:53:14] chromaticcr : 0.0152*8+0.01491*112)/120= 0.01493, expected settle price
[2016-02-12 11:53:33] rapidtrades : wtf is that math
[2016-02-12 11:54:12] chromaticcr : *112 ...+*8
[2016-02-12 11:54:20] chromaticcr : the asterisk...
[2016-02-12 11:54:54] chromaticcr : 0.0152x8+0.01491x112)/120= 0.01493, expected settle price... here we go
[2016-02-12 11:54:55] rapidtrades : k
[2016-02-12 11:55:40] rapidtrades : where do u get current spot from
[2016-02-12 11:56:06] chromaticcr : the top bar, click ETH on left, and ETH spot will show up
[2016-02-12 11:56:31] rapidtrades : k tnx
[2016-02-12 11:56:58] chromaticcr : u can grab it from polnx anyways...
[2016-02-12 11:58:44] rapidtrades : settlement has been very sucky lately
[2016-02-12 11:59:17] chromaticcr : stupid ass got smarter so they dont take our orders during settlement i guess
[2016-02-12 11:59:52] rapidtrades : also no desire to fomo with markets stuck
[2016-02-12 12:01:05] chromaticcr : well then go arb at huob and okcrap futures and wait for the index to converge as the USD exchange chase back up on monday
[2016-02-12 12:01:31] rapidtrades : i don;t follow
[2016-02-12 12:01:47] chromaticcr : okcrap has a 50 50 mix of USD and CNY while huob' future(bitvc) has 100% cny weight on their index
[2016-02-12 12:02:02] rapidtrades : k
[2016-02-12 12:02:29] rapidtrades : so what
[2016-02-12 12:02:52] rapidtrades : i don't trade at huobi so not getting what ur trying to say
[2016-02-12 12:02:56] chromaticcr : so if you dont have USD on finex, you can perhaps go to these exchange and bet with a delta neutrual arb. And hope that when Chinese has less premium, you can profit
[2016-02-12 12:04:11] rapidtrades : already long finex short okc unfortunately
[2016-02-12 12:04:34] chromaticcr : nice one
[2016-02-12 12:04:44] rapidtrades : missed an exit two days ago due to travelling
[2016-02-12 12:05:04] rapidtrades : so just raking up rollover fees now...not as nice :)
[2016-02-12 12:08:17] rapidtrades : i try not to arb usd/cny pairs due to yuan devaluation risk...not a stable currency anymore
[2016-02-12 12:10:45] Tulip_stefan : Is that really an issue? The yuan devalued only 5.5% compared to the dollar in the last year. That should be far less than any trading profits.
[2016-02-12 12:14:11] Tulip_stefan : usd/eur devaluation is worse than that.
[2016-02-12 12:16:46] rapidtrades : actually EUR/USD is currently only 0.2% lower compared to 12 months ago
[2016-02-12 12:17:25] Tulip_stefan : yeah you're right. I was eyeballing google's 5 year chart for that number.
[2016-02-12 12:18:01] rapidtrades : it's been very calm 12 months in that pair
[2016-02-12 12:19:02] rapidtrades : Chinese have to devalue at some point or they'll bleed all their foreign currency reserves...they're just waiting for markets to calm down first
[2016-02-12 12:19:52] Tulip_stefan : okay, let's count trice the current inflation. That's still an order of magnitude lower than my profits.
[2016-02-12 12:20:00] Tulip_stefan : inflation -> devalua
[2016-02-12 12:20:18] Tulip_stefan : devaluation.
[2016-02-12 12:20:28] Tulip_stefan : the chat box doesn't keep up with my typing speed.
[2016-02-12 12:20:31] rapidtrades : not sure what inflation has to do with it...do u live in China?
[2016-02-12 12:20:38] rapidtrades : refresh
[2016-02-12 12:22:20] Tulip_stefan : No i live in EU.
[2016-02-12 12:23:44] rapidtrades : ah
[2016-02-12 12:25:44] rapidtrades : afaik there's no inflation in EU but it is another weak currency...
[2016-02-12 12:30:03] Tulip_stefan : inflation here is approx 2% annually long-term.
[2016-02-12 12:31:42] rapidtrades : and what are bank interest rates
[2016-02-12 12:32:02] Tulip_stefan : 0.6%-ish.
[2016-02-12 12:32:20] Tulip_stefan : has been going down quite a lot in the last years.
[2016-02-12 12:32:34] rapidtrades : that's pretty bad if it's per annum
[2016-02-12 12:33:34] Tulip_stefan : The euribor rates are negative: http://www.euribor-rates.eu/ That's the rates at which banks can loan each other money.
[2016-02-12 12:36:53] rapidtrades : wtf
[2016-02-12 12:37:54] Tulip_stefan : good thing is, if you want to buy a house, the rates are like 2.5% annually fixed for 20 years.
[2016-02-12 12:45:59] habibi : i though its about taking a credit not buying house but ok :p
[2016-02-12 12:50:09] Tulip_stefan : houses have lower rates than normal loans, but i digress.
[2016-02-12 12:52:39] rapidtrades : a tinyass $4 pump...fitting for friday
[2016-02-12 13:06:46] REKT : Liquidated long on `ETH7D`: Sell 3 @ 0.01459 :punch: :whale:
[2016-02-12 13:06:46] REKT : Liquidated long on `ETH7D`: Sell 5 @ 0.01465
[2016-02-12 13:14:22] jung1 : have you seen this? http://www.sereneum.com/
[2016-02-12 13:21:12] habibi : roadmap looks awsome, few days testing
[2016-02-12 13:21:17] habibi : leegit
[2016-02-12 13:25:36] Tulip_stefan : i like how they describe their MSc graduate as 'visionary'...
[2016-02-12 13:33:06] Darth1 : Buy at a high price
[2016-02-12 13:40:07] REKT : Liquidated long on `ETH7D`: Sell 200 @ 0.01410
[2016-02-12 13:40:07] REKT : Liquidated long on `ETH7D`: Sell 30 @ 0.01398
[2016-02-12 13:40:51] jung1 : nice eth drop
[2016-02-12 14:01:12] Tulip_stefan : does bitmex clear orders upon settlement of XBT24H ?
[2016-02-12 14:01:47] habibi : yep
[2016-02-12 14:02:10] Tulip_stefan : Thanks. That's good.
[2016-02-12 14:04:57] Tulip_stefan : Bitmex doesn't offer maker-only order types?
[2016-02-12 14:05:57] BitMEX_Wally : Tulip_stefan: We do, coming very soon
[2016-02-12 14:06:11] Tulip_stefan : Ahh. Thanks.
[2016-02-12 14:06:13] BitMEX_Wally : See `execInst: "ParticipateDoNotIntiate"` in testnet