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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-02-21 07:37:06] Tulip_stefan : last night someone asked why 50 and 100x exists.... because people use it. If you want to play safe, don't go more than 3x. If you want to be really safe, go 2x. [2016-02-21 07:37:34] Tulip_stefan : the saddest thing is that i can't profit from those degenerative gamblers, as that would require me to exceed my risk threshold :( [2016-02-21 07:39:11] BTCDJS : Tulip_stefan: wow. you've got yourself well trained huh? [2016-02-21 07:39:36] BTCDJS : you wouldn't even break the rule every now and again? [2016-02-21 07:39:36] Tulip_stefan : no training. I learned everything on my own. [2016-02-21 07:39:56] chromaticcr : the only time where 100x leverage is acceptable is when settlment is 5 minutes away [2016-02-21 07:40:15] Tulip_stefan : chromaticcr: correct. [2016-02-21 07:41:13] uiop : (chromaticcr): okcrap weeklies are at like ~0.245% preium per day [2016-02-21 07:41:32] uiop : chromaticcr: yeah, but the quarterly-weekly spread is about $14 [2016-02-21 07:41:42] uiop : strong like bull [2016-02-21 07:42:21] cryptostephen : okcoin new highs [2016-02-21 07:42:26] uiop : oops i meant $17 [2016-02-21 07:42:35] uiop : even more bullish [2016-02-21 07:50:26] rapidtrades : good morning [2016-02-21 07:50:32] rapidtrades : good bless America [2016-02-21 07:50:52] rapidtrades : and no place else [2016-02-21 07:53:02] BTCDJS : donald? is that you? [2016-02-21 07:55:50] cryptostephen : buy CREDIT the altcoin now on Yobit and you will thank me later. sincerely - @cointrader11 [2016-02-21 07:58:04] BTCDJS : cryptostephen: are you cointrader11? [2016-02-21 08:00:28] cryptostephen : who is that [2016-02-21 08:04:15] rapidtrades : cryptostephen: do you know Jo? [2016-02-21 08:04:55] cryptostephen : i do not know a jo [2016-02-21 08:05:15] rapidtrades : so you don't know Jo Mama? [2016-02-21 08:05:27] BTCDJS : lol [2016-02-21 08:07:23] BTCDJS : i don't know how to answer your question. its like saying "whats your name frank?" to a guy called frank [2016-02-21 08:08:01] cryptostephen : lol [2016-02-21 08:08:04] cryptostephen : frank the tank [2016-02-21 08:08:43] BTCDJS : are you cointraider or not? [2016-02-21 08:08:48] cryptostephen : yea i am [2016-02-21 08:09:05] BTCDJS : cool. i follow you on twitter is all [2016-02-21 08:09:11] cryptostephen : nice [2016-02-21 08:09:16] rapidtrades : i do not [2016-02-21 08:09:22] cryptostephen : u can if u want. or not [2016-02-21 08:09:25] BTCDJS : rapidtrades: who are you? [2016-02-21 08:09:49] rapidtrades : i don't post on twitter, only use it to collect news feeds [2016-02-21 08:10:53] cryptostephen : do u buy altcoins? [2016-02-21 08:11:22] BTCDJS : i bought REP at crowdsale [2016-02-21 08:11:37] BTCDJS : but i generally don't really trade alts [2016-02-21 08:12:44] BTCDJS : I'm still learning trading so I'm just sticking to btc for now [2016-02-21 08:12:54] rapidtrades : i got a signal to buy litecoin before yday breakout but i pussied out [2016-02-21 08:13:39] BTCDJS : yeah i new that ETH was pumping but i didn't bother either. was waiting for BTC [2016-02-21 08:13:44] rapidtrades : i think it's just following BTC and you're just adding to the same trade, just at a much later date [2016-02-21 08:13:55] BTCDJS : and same with LTC yesterday. [2016-02-21 08:14:54] rapidtrades : prolly a mistake on my part judging by the LTC rocketship yday but we'll see :) [2016-02-21 08:16:01] rapidtrades : ETH could be negatively correlated with BTC at this point though, due to its recent bust [2016-02-21 08:16:15] rapidtrades : ppl getting out of it and into btc [2016-02-21 08:16:57] BTCDJS : I trade to make more bitcoins. i don't care about fiat. so if BTC pumps isn't it irrelevant to trade for another coin when i exchange it to BTC [2016-02-21 08:17:04] cryptostephen : why is 100x futures not higher yet? should be at 453 by now with okcoins new highs [2016-02-21 08:17:20] rapidtrades : cryptostephen: too close to settlement [2016-02-21 08:17:36] cryptostephen : its 4 hours away lol [2016-02-21 08:17:41] rapidtrades : premium is partly due to expected volatility [2016-02-21 08:17:50] rapidtrades : we don't always have premium here :) [2016-02-21 08:18:31] rapidtrades : $450 on finex [2016-02-21 08:18:55] cryptostephen : what happens when i slide the bar from Cross to 100x when I'm already in a position? [2016-02-21 08:18:57] cryptostephen : anything? [2016-02-21 08:19:20] rapidtrades : u'll change lev from cross to 100/1 on that position [2016-02-21 08:19:24] rapidtrades : prolly [2016-02-21 08:19:52] BTCDJS : it adds margin and changes liquidation price the lower you go [2016-02-21 08:20:17] BTCDJS : but still 100x [2016-02-21 08:20:33] BTCDJS : BitMEX_Wally: ? [2016-02-21 08:20:49] rapidtrades : 100/1 is max so it wouldn't have material impact, unless u have other positions on in different contracts [2016-02-21 08:20:52] BTCDJS : is that correct? [2016-02-21 08:21:17] BitMEX_Arthur : BTCDJS: Hi [2016-02-21 08:21:50] BitMEX_Arthur : If you have an open position and change the leverage, you are choosing how much equity to place agains the position [2016-02-21 08:22:25] BitMEX_Arthur : So you will see your liquidation price changes as you change the leverage [2016-02-21 08:22:26] BitMEX_Wally : Cross margin is effectively 100x but topped up with your whole account balance [2016-02-21 08:23:07] BitMEX_Wally : When you slide the leverage selector it makes sure you have enough margin for the chosen leverage [2016-02-21 08:23:34] BTCDJS : BitMEX_Wally: ok im a simple roofer. does what I said agree with what you said? because I'm still learning financial talk. [2016-02-21 08:24:02] BTCDJS : i need laments terms mate lol [2016-02-21 08:24:34] BTCDJS : im not wolf of wall street yet [2016-02-21 08:25:09] BitMEX_Wally : If you choose Cross margin then the liquidation price will vary with your account balance [2016-02-21 08:25:10] MrRGnome : I'm stealing that rickyism, "laments terms" [2016-02-21 08:25:31] rapidtrades : dam he outed u doug [2016-02-21 08:25:37] rapidtrades : u just got DOXED [2016-02-21 08:25:37] BTCDJS : but still 100x [2016-02-21 08:26:20] BTCDJS : thanks bud [2016-02-21 08:26:50] BTCDJS : rapidtrades: watchu talkin bout? [2016-02-21 08:26:52] BitMEX_Wally : Yes, it is at least the 100x liquidation price, but further away if you have spare margin [2016-02-21 08:27:01] rapidtrades : BTCDJS: ricky :) [2016-02-21 08:27:17] BTCDJS : BitMEX_Wally: grand! thanks mate [2016-02-21 08:27:50] BTCDJS : rapidtrades: youve lost me [2016-02-21 08:28:21] rapidtrades : too late now Ricky [2016-02-21 08:28:46] rapidtrades : can't put the genie back in the bottle [2016-02-21 08:28:53] BTCDJS : yeah i thought it was turning into one of those moments. time for a quick subject change [2016-02-21 08:29:08] elmorte : BitMEX_Wally: Thanks Wally, the leverage was definitely a fat finger, gotta do something about it in UI [2016-02-21 08:29:13] BTCDJS : what the volume like on finex and 0kcoin [2016-02-21 08:29:27] BitMEX_Wally : Yes, we are going to add a confirmation box for the leverage selector [2016-02-21 08:30:01] BTCDJS : BitMEX_Wally: why when i say okcoin [2016-02-21 08:30:10] BTCDJS : does it change to okcoin [2016-02-21 08:30:16] BitMEX_Wally : We do not allow swear words in the trollbox [2016-02-21 08:30:24] rapidtrades : dam [2016-02-21 08:30:26] BTCDJS : lol [2016-02-21 08:30:26] chromaticcr : use OKCrap next time [2016-02-21 08:30:58] chromaticcr : or OKCasino [2016-02-21 08:31:44] BTCDJS : well okcrap is sleepy. not a very good pump this one [2016-02-21 08:33:13] cryptostephen : closed my 100x long for 163% profit [2016-02-21 08:33:13] cryptostephen : meh [2016-02-21 08:33:18] cryptostephen : was at 200% for a second [2016-02-21 08:33:53] BTCDJS : I'm hodling at lower leverage [2016-02-21 08:34:09] rapidtrades : that stat is meaningless...how many points did u get @cryptostephen [2016-02-21 08:34:42] cryptostephen : points?? [2016-02-21 08:34:44] cryptostephen : lol wut [2016-02-21 08:34:46] cryptostephen : bitcoins? [2016-02-21 08:34:59] rapidtrades : nvm [2016-02-21 08:35:02] Tulip_stefan : i think he means pips but i'm not sure either.. [2016-02-21 08:35:05] cryptostephen : i didn't bet huge on 100x... its dangerous. my huge bets are on okcoin x20 [2016-02-21 08:35:21] rapidtrades : $450-$451 1 point [2016-02-21 08:35:21] cryptostephen : oh pips.... it was from 440 to 448.5 [2016-02-21 08:35:27] cryptostephen : 8.5 pt [2016-02-21 08:35:34] cryptostephen : nothing special [2016-02-21 08:35:42] rapidtrades : i used to say dollars but idiots around here were like ''u only made $10 lol'' [2016-02-21 08:36:12] rapidtrades : cryptostephen: that's not bad for the daily [2016-02-21 08:36:19] rapidtrades : almost half the range [2016-02-21 08:36:24] Tulip_stefan : better than losing $10, at least you beat the market. [2016-02-21 08:46:20] rapidtrades : btc-e lagging $10 [2016-02-21 08:46:36] BTCDJS : i don't know about you guys but i think 460 is possible [2016-02-21 08:47:27] rapidtrades : sure it's possible but we're at strong resistance now [2016-02-21 08:48:05] rapidtrades : these next $10 will be much harder then the previous $10 [2016-02-21 08:49:39] augusto2012 : how do i close a position? [2016-02-21 08:49:57] rapidtrades : how big [2016-02-21 08:50:40] BTCDJS : rapidtrades: i see. i overlooked this resistance level [2016-02-21 08:54:02] BitMEX_Wally : augusto2012: If you are long, then sell [2016-02-21 09:19:44] BTCDJS : i nearly kaka my pants. just looking away from the screen and when i turned around the 5min candle dropped bellow 442 on tradingview ? [2016-02-21 09:30:44] uiop : augusto2012: you trade in the opposite direction [2016-02-21 09:45:38] REKT : Liquidated long on `XBT24H`: Sell 200 @ 445.52 [2016-02-21 09:46:58] REKT : Liquidated long on `XBT24H`: Sell 300 @ 445.10 [2016-02-21 09:47:20] chromaticcr : get the liqs comin'! [2016-02-21 09:47:46] BTCDJS : chromaticcr: you short? [2016-02-21 09:48:44] chromaticcr : I arbitrage [2016-02-21 10:28:55] BTCDJS : where is this volume coming from? [2016-02-21 10:30:36] chromaticcr : hell, aka China? [2016-02-21 10:35:05] BTCDJS : BitMEX_Wally: I just closed a position but its disappeared. no evidence of cash settlement in my wallet either [2016-02-21 10:35:22] BTCDJS : wallet history [2016-02-21 10:35:39] BitMEX_Wally : CashSettlement happens in 1.5 hours when the instrument settles [2016-02-21 10:35:53] BitMEX_Wally : For now there will be Realised PNL on the position (see under Closed Positions) [2016-02-21 10:36:53] BTCDJS : ok so you're saying that will add to my wallet history later? [2016-02-21 10:37:37] BTCDJS : and balance? [2016-02-21 10:41:58] BitMEX_Wally : Technically it is already added to your Wallet Balance, there just is not a CashSettlement transaction yet [2016-02-21 11:00:19] rapidtrades : btc-e metatrader crapped out again [2016-02-21 11:10:49] rapidtrades : chromaticcr: where do u hedge the trades u take here? [2016-02-21 11:27:03] chromaticcr : depends, sometimes finex, sometimes okcfutures or Bitvc [2016-02-21 11:33:09] rapidtrades : depends on what? [2016-02-21 11:34:08] chromaticcr : how much money I have on respective exchanges, premium on okc/bitvc [2016-02-21 11:34:56] chromaticcr : but definitely not 796. shit liquidity [2016-02-21 11:34:57] BTCDJS : chromaticcr: i think you mean woodpecker. get it right man [2016-02-21 11:36:08] rapidtrades : chromaticcr: how's bitvc? [2016-02-21 11:36:23] rapidtrades : haven't tried them yet [2016-02-21 11:38:21] chromaticcr : as unreliable as huobi. spread sometimes get large. not a good place for bots. Fine for having a casual trade [2016-02-21 11:39:15] rapidtrades : ah doesn't sound very good for hedging? [2016-02-21 11:40:02] rapidtrades : what;s the current spread on weekly? on okc its around 0.25 right now @chromaticcr [2016-02-21 11:40:16] chromaticcr : hedging on okcoin spot will be the best since the liquidity is high enough [2016-02-21 11:40:37] rapidtrades : usd? [2016-02-21 11:40:38] chromaticcr : would suit those 10k liqs we get on here [2016-02-21 11:40:42] chromaticcr : cny [2016-02-21 11:40:47] rapidtrades : ah [2016-02-21 11:41:00] rapidtrades : that's 0 fees right? [2016-02-21 11:41:08] chromaticcr : 0fee +0.1% per day of lending [2016-02-21 11:41:11] chromaticcr : up to 5x lev [2016-02-21 11:41:26] rapidtrades : woah didn't know it was 5x [2016-02-21 11:41:36] rapidtrades : usd is like 3x or 2x [2016-02-21 11:42:02] rapidtrades : chromaticcr: is it 0 for market orders as well? [2016-02-21 11:42:07] chromaticcr : yes [2016-02-21 11:42:37] rapidtrades : do u have problems with disconnects? cos its in china [2016-02-21 11:42:52] chromaticcr : can't answer, i live in hong kong [2016-02-21 11:43:06] chromaticcr : but huobi often disconnect, that's all I know [2016-02-21 11:43:16] rapidtrades : ah ok [2016-02-21 11:43:37] rapidtrades : so a HK VPN should be cool then :) [2016-02-21 11:43:55] rapidtrades : some bot runners do it from Korea too i think [2016-02-21 11:44:14] rapidtrades : SK,HK and korea [2016-02-21 11:44:28] rapidtrades : *sg [2016-02-21 11:48:07] j8 : a while back i tried running a bot on okc.cn from aws singapore.. still had a lot of disconnects, on the right side of the world but you need to be inside the great firewall [2016-02-21 11:49:23] rapidtrades : j8: so what would u suggest? [2016-02-21 11:50:54] j8 : either get a vps / vpn in china, or be prepared for bad connectivity [2016-02-21 11:51:27] rapidtrades : china as in mainland? no hk [2016-02-21 11:51:36] j8 : that i'm not sure about [2016-02-21 11:54:05] j8 : hk is outside the firewall, so probably not [2016-02-21 11:56:16] chromaticcr : where is all the settlement excitement [2016-02-21 12:00:39] rapidtrades : what a boring settlement [2016-02-21 12:01:23] chromaticcr : 30 minutes wasted for 2 bucks [2016-02-21 12:05:46] rapidtrades : where did u get $2 lol [2016-02-21 12:06:59] laisee : found it under keyboard [2016-02-21 12:06:59] chromaticcr : $2 of pnl [2016-02-21 12:07:34] Tulip_stefan : that's better than average. Nice. [2016-02-21 12:10:08] REKT : Liquidated long on `XBT24H`: Sell 2160 @ 446.35 [2016-02-21 12:10:42] Tulip_stefan : ...that was fast. [2016-02-21 12:15:13] BTCDJS : short city [2016-02-21 12:17:18] rapidtrades : ridiculous [2016-02-21 12:17:47] BTCDJS : 420s [2016-02-21 12:18:06] rapidtrades : $420 my ass [2016-02-21 12:19:22] chromaticcr : Can't decide green dildo or red dildo? Why not double it down to your REKTum [2016-02-21 12:19:42] BTCDJS : 0kcoin has a lot of large short orders [2016-02-21 12:20:13] rapidtrades : ok what [2016-02-21 12:20:19] rapidtrades : futures or [2016-02-21 12:20:32] BTCDJS : weekly futures [2016-02-21 12:20:54] rapidtrades : if ppl wanted to sell, they would've done so already [2016-02-21 12:21:08] rapidtrades : there is no rebate on futures [2016-02-21 12:21:58] BTCDJS : 430 then and after that moon? [2016-02-21 12:22:22] BTCDJS : there is bound to be a correction at some point [2016-02-21 12:22:42] rapidtrades : yeah i mean, like i said this morning 450 is strong resistance [2016-02-21 12:23:00] rapidtrades : so not surprised by this but the timing right after settlement is fishy [2016-02-21 12:23:38] REKT : Liquidated short on `XBT24H`: Buy 200 @ 442.77 [2016-02-21 12:23:42] BTCDJS : bear trap? [2016-02-21 12:24:06] rapidtrades : i have no idea what#s going on tbh :) [2016-02-21 12:24:08] chromaticcr : i guess it is just them drawing the sub 12h candle for noobs [2016-02-21 12:24:23] BTCDJS : yeah no-one does. [2016-02-21 12:24:33] BTCDJS : but lets share what we think [2016-02-21 12:24:49] BTCDJS : wisdom of the crowd and all that [2016-02-21 12:26:12] BTCDJS : rapidtrades: like the fact that its after settlement fishy is useful information for me to learn [2016-02-21 12:26:36] rapidtrades : yeah cos if ur so bearish why wait for 13? [2016-02-21 12:27:04] rapidtrades : why not sell yday at $450 [2016-02-21 12:27:15] BTCDJS : 13? [2016-02-21 12:27:30] rapidtrades : that's settlement time in europe 13:00 [2016-02-21 12:27:37] BTCDJS : ah [2016-02-21 12:28:43] BTCDJS : its 2030 in HK though [2016-02-21 12:30:37] BTCDJS : settlement time is what time in HK? [2016-02-21 12:31:38] REKT : Liquidated long on `XBT24H`: Sell 100 @ 441.29 [2016-02-21 12:32:21] BTCDJS : anybody? [2016-02-21 12:32:38] REKT : Liquidated long on `XBT7D`: Sell 50 @ 441.53 [2016-02-21 12:32:40] BTCDJS : where can i get a list of settlement times? [2016-02-21 12:33:38] sleger : BTCDJS: there : [12pm gmt] [2016-02-21 12:33:38] REKT : Liquidated long on `XBT7D`: Sell 1977 @ 436.33 [2016-02-21 12:34:04] BTCDJS : sleger: thanks mate [2016-02-21 12:36:08] REKT : Liquidated long on `XBT24H`: Sell 672 @ 436.62 [2016-02-21 12:36:17] uiop : PANIC IN THE PRESSROOM [2016-02-21 12:36:38] REKT : Liquidated long on `XBT24H`: Sell 5097 @ 434.06 [2016-02-21 12:36:38] REKT : Blood on the streets! [2016-02-21 12:37:28] REKT : Liquidated long on `XBT24H`: Sell 2000 @ 431.12 [2016-02-21 12:39:06] chromaticcr : lol [2016-02-21 12:39:38] REKT : Liquidated short on `XBT24H`: Buy 1800 @ 431.69 [2016-02-21 12:39:40] rapidtrades : what a stupid selloff [2016-02-21 12:39:48] REKT : Liquidated short on `XBT24H`: Buy 400 @ 432.60 [2016-02-21 12:40:22] tscha : j8: I got a vps in the same data center as okc (Guangzhou) and still had disconnects [2016-02-21 12:40:46] tscha : its the websocket in general, you need to use fix [2016-02-21 12:40:49] j8 : tscha: oh, thats really bad, but not that surprising [2016-02-21 12:40:50] Tulip_stefan : $10 gap between okcoin.cn and huobi. What? [2016-02-21 12:41:08] tscha : j8: fix is stable according to micmix [2016-02-21 12:41:24] Tulip_stefan : i use websocket from europe and the disconnects are annoying, but i've learned to code around them. [2016-02-21 12:41:31] habibi : Tulip_stefan: 20cny is not 10$ [2016-02-21 12:41:46] BTCDJS : rapidtrades: have you seen the 4h chart? [2016-02-21 12:42:02] BTCDJS : it kinda makes sense [2016-02-21 12:42:50] rapidtrades : i know it makes sense...ive been saying $450 will be tough since yday...still stinks that they waited for our settlement to dump [2016-02-21 12:42:51] elmorte : BTCDJS: Which one? [2016-02-21 12:43:29] habibi : u'r joking right? [2016-02-21 12:43:44] BTCDJS : habibi: ? [2016-02-21 12:43:45] rapidtrades : habibi: talking to me b1tch? [2016-02-21 12:44:26] BTCDJS : elmorte: any [2016-02-21 12:44:29] habibi : so u think china waited for 24h settlement on bitmex to dump? [2016-02-21 12:44:35] rapidtrades : clearly [2016-02-21 12:44:39] habibi : for 100k contracts long/short settlement? [2016-02-21 12:45:07] rapidtrades : yeah that's why it doesn't make sense [2016-02-21 12:45:27] habibi : poor rapidtrades i though u mre inteligent :p [2016-02-21 12:45:49] Tulip_stefan : perhaps they're doing it because it doesn't make sense. [2016-02-21 12:45:56] rapidtrades : well then u try, why did they wait until 13:00 to sell [2016-02-21 12:46:06] rapidtrades : we've been at $450 since last night [2016-02-21 12:46:39] elmorte : BTCDJS: ok....what's the significance of a 4h chart? You keep bringing out up [2016-02-21 12:46:47] elmorte : It* [2016-02-21 12:47:07] habibi : i dont know but i won't rationalize with such anserws :) and not everything has to be rationalized in that way. maybe out of pump fuel and so\ [2016-02-21 12:47:43] rapidtrades : idk this dump is still suspect to me [2016-02-21 12:48:21] rapidtrades : feels like attempt to push out the weak hands [2016-02-21 12:48:32] BTCDJS : elmorte: its a step. [2016-02-21 12:50:01] BTCDJS : rapidtrades: and what would happen when weak hands are pushed out? [2016-02-21 12:50:19] elmorte : Still Spanish to me...What you mean? [2016-02-21 12:51:01] justinlooking : rapid you think we're at bottom of correction yet? [2016-02-21 12:52:11] BTCDJS : elmorte: hang on let me try to share my chart [2016-02-21 12:52:41] elmorte : Thanks [2016-02-21 12:56:04] BTCDJS : elmorte:https://www.tradingview.com/chart/BTCUSD/LIun8XcZ-long/ [2016-02-21 12:57:49] odieoh : How do I isolate margin now? [2016-02-21 12:59:00] BTCDJS : you still get the option to isolate or cross on the confirmation when you place an order [2016-02-21 12:59:24] odieoh : right, but what about after the fact? [2016-02-21 12:59:33] odieoh : I used to be able to just click next to the position [2016-02-21 12:59:39] BTCDJS : or you can choose 100x on the left in position tab [2016-02-21 12:59:59] chromaticcr : BTCDJS: I see what you did here [2016-02-21 13:00:17] habibi : 100x and market order, i heard that the pack of money makers here [2016-02-21 13:00:19] BTCDJS : chromaticcr: ? [2016-02-21 13:00:44] elmorte : chromaticcr: damn, that makes one of us @BTCDJS [2016-02-21 13:01:05] elmorte : I'll get on a desktop, mobile's all messed up [2016-02-21 13:01:24] chromaticcr : Sam should introduce 200x button so whoever click that can get liq'd immediately [2016-02-21 13:01:45] chromaticcr : *Introducing a new method to close your position* [2016-02-21 13:04:36] BTCDJS : Jung1 is missing out on his cheap bitcoins [2016-02-21 13:10:52] mwalshe99 : anyone else getting an internal error when trying to submit an order? [2016-02-21 13:11:25] BTCDJS : this has got to be the lowest of the low today. It has to be. I bought it and I'm going out for sunday dinner lol [2016-02-21 13:13:55] BTCDJS : I'm getting evil eyes. peace out [2016-02-21 13:20:57] BTCDJS : sleger: if you can use your wealth to keep us above 428 that would be great [2016-02-21 13:21:41] sleger : I'd rather have everyone get margined first and rebuy even lower [2016-02-21 13:22:01] BTCDJS : sleger: i don't blame you [2016-02-21 13:23:55] sleger : I had started rebuying some over the past hour anyways [2016-02-21 13:24:34] jung1 : BTCDJS: no im not [2016-02-21 13:24:40] BTCDJS : you're not trying to infer that you are actually that wealthy are you? because i won't believe you [2016-02-21 13:24:47] jung1 : I just sold it too soon [2016-02-21 13:24:51] BTCDJS : jung1: yay! [2016-02-21 13:25:48] BTCDJS : jung1: come on then get them while their cheap [2016-02-21 13:26:24] jung1 : I buy all the time with 15-20% of my salary [2016-02-21 13:26:33] jung1 : No mather what price is [2016-02-21 13:27:36] BTCDJS : a true believer [2016-02-21 13:28:54] Tulip_stefan : i'm a true believer as well but buying more bitcoin is far to risky. If bitcoin goes to $10k i can already retire, it bitcoin goes to $0 i still have my other investments. Not worth buying more. [2016-02-21 13:29:48] BTCDJS : thats why I'm learning to trade. so i don't have to buy them anymore [2016-02-21 13:30:25] Tulip_stefan : you probably won't beat buy & hold over the long term. [2016-02-21 13:30:52] Tulip_stefan : statically speaking, most traders don't. [2016-02-21 13:31:03] Tulip_stefan : statisticly* [2016-02-21 13:31:38] sleger : *statistically [2016-02-21 13:31:40] elmorte : BTCDJS: Ok, that makes a lot more sense on a desktop. Have a good dinner [2016-02-21 13:31:45] BTCDJS : Tulip_stefan: i hold all bitcoins i get [2016-02-21 13:32:06] Tulip_stefan : ? [2016-02-21 13:32:43] elmorte : 5% of networth in BTC is reasonable I think [2016-02-21 13:32:56] elmorte : Then again, I'm not reasonable [2016-02-21 13:33:38] Tulip_stefan : i used to have more than half my net worth in BTC. [2016-02-21 13:34:02] BTCDJS : but you had to dip into it? [2016-02-21 13:34:44] Tulip_stefan : i never really brought bitcoin. I started with 0.1 LTC i had CPU mined and got the rest with trading bots. [2016-02-21 13:35:00] Tulip_stefan : about one year later i used a months wage to but a few more, but that's it. [2016-02-21 13:35:30] sleger : % of net worth really isnt the right measure, most people who make 20-40k (euros/gbp/usd) will have almost 0 net worth and let's say they have 3k then having 50% of it in btc isnt even unreasonable [2016-02-21 13:38:31] Tulip_stefan : 3k sounds like an awfully low amount of financial buffer. [2016-02-21 13:39:09] BTCDJS : Tulip_stefan: i have much much less than that [2016-02-21 13:39:22] sleger : You can probably check online but I saw an article where 50% of americans have less than that in reserve [2016-02-21 13:39:33] BTCDJS : and I'm doing quite alright [2016-02-21 13:39:38] REKT : Liquidated long on `XBT24H`: Sell 2646 @ 434.11 [2016-02-21 13:39:38] REKT : Getting chopped to death is fun, everyone should try it! [2016-02-21 13:40:34] sleger : Tulip_stefan: https://en.wikipedia.org/wiki/Wealth_in_the_United_States#/media/File:MedianNetWorth2007.png [2016-02-21 13:40:44] Tulip_stefan : i only left school 2 years ago and i have significantly more than that. I wouldn't be comfortable with 2 months of buffer when i get fired for some reason. [2016-02-21 13:41:49] BTCDJS : Tulip_stefan: everything will alway work out [2016-02-21 13:41:54] BTCDJS : always [2016-02-21 13:42:13] sleger : yes nobody ends up on the streets right ? [2016-02-21 13:43:45] BTCDJS : i can't speak for people who live on the street or presume what kind of thinkers they are. but I will always be fine. [2016-02-21 13:44:01] BTCDJS : i come from a very poor family [2016-02-21 13:44:10] BTCDJS : i know how to have no money [2016-02-21 13:44:27] Tulip_stefan : You won't end up on the street easily in my country. [2016-02-21 13:44:29] sleger : just pointiing out it doesnt always work out. but yes some people dont really put the chance on their side [2016-02-21 13:44:41] sleger : Tulip_stefan: you didnt reply my latest email ? [2016-02-21 13:45:05] Tulip_stefan : not yet, i'm still debating with my business partner what to do. [2016-02-21 13:45:16] sleger : sounds good [2016-02-21 13:45:20] BTCDJS : sleger: fair enough. but i think people are where they want to be [2016-02-21 13:45:44] BTCDJS : even if they moan about it [2016-02-21 13:45:45] sleger : BTCDJS: I think the part of luck in one's success is bigger than I/most people imagined [2016-02-21 13:46:56] BTCDJS : some people a re lucky. and others make they're own luck [2016-02-21 13:47:00] BTCDJS : very [2016-02-21 13:52:28] BTCDJS : sleger: i re read what you said. And i see where you are coming from actually. [2016-02-21 13:52:53] BTCDJS : ok im out [2016-02-21 14:05:19] elmorte : sleger: If you're making 2-3k/month and have total savings of 3k, having half that in BTC is not reasonable, it's highly speculative [2016-02-21 14:06:08] sleger : elmorte: what if total savings is 300 and half is bitcoin is that any different ? [2016-02-21 14:07:58] sleger : what if its 30$ and half is bitcoin, do you still find it unreasonable ? [2016-02-21 14:08:23] elmorte : I get it, scale [2016-02-21 14:08:36] elmorte : I'm thinking about it [2016-02-21 14:10:18] elmorte : I didn't even think about bitcoin until a certain threshold was passed. There are safer ways of multiplying a $30 to me [2016-02-21 14:11:44] elmorte : And the concept of NW is subjective, and 5% is arbitrary but it's my risk guideline [2016-02-21 14:14:05] Tulip_stefan : that is uh.. very low risk. [2016-02-21 14:16:27] Tulip_stefan : i don't think it makes much sense to have more than 1x your yearly wage on bank. The expected profits in bitcoin/stocks are much higher than on the bank. [2016-02-21 14:16:56] Tulip_stefan : that's still arbitrary but less arbitrary than '5%'. [2016-02-21 14:19:35] elmorte : There are other alternatives to BTC than a savings account [2016-02-21 14:20:07] Tulip_stefan : that is why i said bitcoin/stocks. [2016-02-21 14:21:38] REKT : Liquidated long on `XBT24H`: Sell 600 @ 432.95 [2016-02-21 14:26:25] mrp1nk : stocks? not now [2016-02-21 14:27:01] elmorte : Yeah, but in general stocks are decent instrument [2016-02-21 14:32:06] elmorte : For my piece of mind, 5% in BTC is not overly diversified [2016-02-21 14:32:08] REKT : Liquidated long on `XBT24H`: Sell 1238 @ 432.04 [2016-02-21 14:32:18] REKT : Liquidated long on `XBT7D`: Sell 95 @ 433.00 [2016-02-21 14:32:18] REKT : Liquidated long on `XBT24H`: Sell 310 @ 431.57 [2016-02-21 14:32:18] REKT : Liquidated long on `XBT24H`: Sell 296 @ 431.58 [2016-02-21 14:32:28] REKT : Liquidated long on `XBT24H`: Sell 1000 @ 430.84 [2016-02-21 14:36:46] tscha : price actually reached >450 today? wow [2016-02-21 14:38:18] REKT : Liquidated long on `XBT24H`: Sell 10 @ 428.58 [2016-02-21 14:40:45] BTCDJS : Ahh ffs. 420? [2016-02-21 14:41:04] rapidtrades : well u called it earlier [2016-02-21 14:42:00] BTCDJS : I hope I was wrong [2016-02-21 14:42:38] mrp1nk : BTCDJS: you asked me yesterday why i thought there will be resistance at 450. http://www.awesomescreenshot.com/image/1015441/832e82b12a42c6ad72efa93a284aefa9 [2016-02-21 14:42:55] viptrader : best time to short [2016-02-21 14:43:29] BTCDJS : viptrader: erm no [2016-02-21 14:43:38] Tulip_stefan : arbitrary line is arbitrary. [2016-02-21 14:43:55] elmorte : Best time was 2:45 ago [2016-02-21 14:44:37] mrp1nk : its abitrary unless ppl use it to short [2016-02-21 14:45:00] mrp1nk : or to sell [2016-02-21 14:45:01] rapidtrades : i did short at 449.70...but i mistakenly put 500 cont to close it...so I now hold 1.3 BTC extra at 448 lol [2016-02-21 14:45:02] BTCDJS : mrp1nk: that resistance was pointed out to me this morning but I thought it wasn't a problem. Guess I'm an optimist lol [2016-02-21 14:45:32] jung1 : Tulip_stefan: bitcoin was best perform currency in last year. I think that will be long term trend [2016-02-21 14:45:34] rapidtrades : it's a small addon to my long but frustrating when u make a mistake [2016-02-21 14:45:48] rapidtrades : trading is already hard as it is :) [2016-02-21 14:46:13] jung1 : You can always lend on polo [2016-02-21 14:46:33] jung1 : I basicly dobled my doge in 3 weeks basicly with no risk [2016-02-21 14:46:41] jung1 : Doubled [2016-02-21 14:46:46] elmorte : BTC lending rates are laughable though, no? @jung1 [2016-02-21 14:46:55] rapidtrades : prolly the new interface had smth to do with it, this hasn't happened to me since the first week I started here [2016-02-21 14:47:07] rapidtrades : confusing as f*ck [2016-02-21 14:47:16] BTCDJS : rapidtrades: lol [2016-02-21 14:47:33] BTCDJS : Will you pack it in already [2016-02-21 14:47:49] elmorte : rapidtrades: Daaamn. I didn't wanna blame the interface on my short just missing the market at 439 so suck it up :p [2016-02-21 14:48:07] jung1 : elmorte: Last monh I had average doge rate around 4,3% so not so bad [2016-02-21 14:48:32] elmorte : jung1: lending BTC though? [2016-02-21 14:48:44] rapidtrades : jung1: per day? [2016-02-21 14:49:04] rapidtrades : or month [2016-02-21 14:49:22] elmorte : p.a. more likely. BTC p.a. rate is around 0.5% on polo [2016-02-21 14:49:24] elmorte : Last I checked [2016-02-21 14:49:31] rapidtrades : seems rly low then [2016-02-21 14:49:37] jung1 : 2days [2016-02-21 14:49:52] jung1 : Yeah you can lrd btc, altcoins as wrll [2016-02-21 14:49:58] rapidtrades : oh so 2% per day? @jung1 [2016-02-21 14:50:28] jung1 : But for example on xrp there is o.oo7% [2016-02-21 14:50:35] jung1 : Per two days [2016-02-21 14:50:57] rapidtrades : why so high? has doge been moving or what [2016-02-21 14:51:56] rapidtrades : also where the f is the calculator now [2016-02-21 14:52:18] jung1 : Depends of number of lenders [2016-02-21 14:52:39] jung1 : Order controls [2016-02-21 14:52:49] jung1 : Right upper corner [2016-02-21 14:53:41] rapidtrades : jung1: tnx [2016-02-21 14:54:07] rapidtrades : guess I can put that in center.. [2016-02-21 14:56:50] jung1 : There could here bitmex futures and we will trade predictions of bitmex trade volume [2016-02-21 14:57:00] jung1 : #enron [2016-02-21 15:01:48] rapidtrades : is polo not on tradingview? [2016-02-21 15:02:15] jung1 : Dunno [2016-02-21 15:02:41] jung1 : But actually work better on tabtrader [2016-02-21 15:02:51] jung1 : Its laggy as fuck [2016-02-21 15:03:15] jung1 : And like 95% of eth volume are on pole [2016-02-21 15:03:22] jung1 : Rest on kraken [2016-02-21 15:04:05] rapidtrades : what's the code for bitmex eth contract on TW? [2016-02-21 15:04:39] habibi : not really jung1 http://coinmarketcap.com/currencies/ethereum/#markets [2016-02-21 15:05:04] jung1 : Oh [2016-02-21 15:05:13] jung1 : So was during last pump [2016-02-21 15:05:36] jung1 : Still pretty impresive [2016-02-21 15:25:21] elmorte : There was DPE this session? [2016-02-21 15:29:20] BitMEX_Wally : elmorte: No. You can see the history here: https://www.bitmex.com/app/settlementHistory [2016-02-21 15:30:18] elmorte : BitMEX_Wally: Ok...what else would cause a market maker to pay commission? [2016-02-21 15:30:49] BitMEX_Wally : If a market maker aggresses into the order book [2016-02-21 15:30:56] elmorte : I mean current sesh, like now [2016-02-21 15:31:18] elmorte : How did I do that? :) [2016-02-21 15:31:38] BitMEX_Wally : A market maker can send `execInst: "ParticipateDoNotInitiate"` to avoid paying taker fees [2016-02-21 15:31:51] BitMEX_Wally : It will cancel the order if it will execute aggressively [2016-02-21 15:31:59] sleger : good to know, wasnt aware [2016-02-21 15:32:22] elmorte : But I didn't cross the spread... [2016-02-21 15:32:42] Tulip_stefan : you don't have to cross the spread to get a taker order. [2016-02-21 15:33:12] elmorte : In what scenario? That's all I'm trying to find out... [2016-02-21 15:33:47] BitMEX_Wally : elmorte: Hidden orders always pay the taker fee [2016-02-21 15:33:56] elmorte : Ohhh [2016-02-21 15:34:05] elmorte : Noted, thanks Wally [2016-02-21 15:34:08] BitMEX_Wally : :) [2016-02-21 15:34:15] Tulip_stefan : market makers are predictable, some of them look at the orderbook when deciding at what level to place orders. A well-placed order can cause a market maker to move their order. When the happens the agent quickly places an order at the market-maker expected price. [2016-02-21 15:34:34] Tulip_stefan : thereby forcing the market maker to incur the taker fee. [2016-02-21 15:35:08] BitMEX_Wally : Tulip_stefan: Which is why we support `ParticipateDoNotInitiate` :) [2016-02-21 15:35:23] elmorte : Tulip_stefan: Thanks, got that. But my order executed some time after placement and in chunks [2016-02-21 15:35:48] elmorte : Wally, so post only + hidden will do what then with regards to rebate? [2016-02-21 15:36:02] sleger : you pay fee [2016-02-21 15:36:08] sleger : always if its hidden, and thats normal [2016-02-21 15:36:21] elmorte : Ok, so post + hidden == hidden [2016-02-21 15:36:27] sleger : hidden=pay fee [2016-02-21 15:36:45] elmorte : post = don't pay fee [2016-02-21 15:38:09] tscha : Either you pay the fee or it won't execute at all, not sure... but not paying fee doesn't make any sense [2016-02-21 15:38:24] elmorte : Tulip_stefan: filled is probably the right word , not executed [2016-02-21 15:41:59] elmorte : tscha: yeah, it doesn't sound fair towards the eventual taker that they get charged [2016-02-21 15:42:46] tscha : if he posts a hidden order, of course it is fair [2016-02-21 15:42:50] BitMEX_Wally : Just to confirm. if you send post-only and hidden you will pay the taker fee [2016-02-21 15:43:16] BitMEX_Wally : But only if someone executes against you [2016-02-21 15:43:38] BitMEX_Wally : i.e. if you submit a hidden post-only order that would immediately execute it will be canceled [2016-02-21 15:43:53] BitMEX_Wally : Once the hidden order is resting in the book, you will pay the taker fee once it executes [2016-02-21 15:45:40] BitMEX_Wally : The person who executes against a hidden order will be paid the maker fee [2016-02-21 15:46:48] elmorte : Ok. So if a hidden short hits an existing hidden long: 1) if short is post, order is cancelled. 2) Otherwise short gets maker fee? [2016-02-21 15:48:07] BitMEX_Wally : Correct [2016-02-21 15:48:21] tscha : By the way, what about taker fees with iceberg orders? Do iceberg orders still pay taker for the whole amount or only for the hidden part? [2016-02-21 15:48:25] elmorte : Cheers :) [2016-02-21 15:49:02] BitMEX_Wally : tscha: Once the hidden quantity has been executed and there is only visible quantity left it behaves like a normal order. it gets the maker rebate [2016-02-21 15:49:28] tscha : wow, very sweet, you actually changed that right? very cool [2016-02-21 15:49:59] BitMEX_Wally : Yes, because you or someone said that otherwise there was a perverse incentive to cancel and resubmit [2016-02-21 15:50:05] tscha : yes [2016-02-21 15:53:24] Tulip_stefan : BitMEX_Wally: when querying instruments or indices, i get a RemoteHostClosesError about 1 every 15 requests. Is that a known issue? [2016-02-21 15:54:00] BitMEX_Wally : Tulip_stefan: Could you email logs to support@bitmex.com [2016-02-21 15:54:30] Tulip_stefan : logs ehh. What kind of logs are you looking for? Should i run wireshark in the background? [2016-02-21 15:55:04] tscha : rofl [2016-02-21 15:55:46] BitMEX_Wally : How are you calling the API? [2016-02-21 15:55:56] BitMEX_Wally : Which endpoint? [2016-02-21 15:56:07] tscha : aircrack-ng [2016-02-21 15:56:51] BitMEX_Wally : RemoteHostClosesError... do you mean RemoteHostClosedError? [2016-02-21 15:56:51] Tulip_stefan : https://www.bitmex.com/api/v1/instrument?filter=%7B%22state%22%3A%22Open%22%7D&count=100&start=0&reverse=false [2016-02-21 15:57:01] Tulip_stefan : closeD yeah. [2016-02-21 15:57:29] BitMEX_Wally : I'll try calling that endpoint repeatedly see if anything happens [2016-02-21 15:57:48] BitMEX_Wally : If you can email logs with timestamps I can investigate on our end [2016-02-21 15:58:06] BitMEX_Wally : IP address you are calling from would be useful too [2016-02-21 15:58:14] Tulip_stefan : i think that's the url that fails. I have 2 of those but i'm not positive which it is exactly. I'll add some extra logging in my application to find out. [2016-02-21 15:58:20] BitMEX_Wally : Thanks [2016-02-21 15:58:29] Tulip_stefan : yeah, i'll mail you in a few minutes. [2016-02-21 16:00:13] BitMEX_Wally : I added support for `execInst: "AllOrNone"` to testnet today. Only allowed for hidden orders of course [2016-02-21 16:00:33] rapidtrades : going up boys! [2016-02-21 16:00:44] rapidtrades : calling the bottom [2016-02-21 16:00:54] rapidtrades : *maybe, not a trade recommendation [2016-02-21 16:06:39] REKT : Liquidated short on `XBT24H`: Buy 954 @ 434.79 [2016-02-21 16:07:44] Tulip_stefan : BitMEX_Wally: i found a clue. For some reason i can lo longer reproduce it when i spam the api every 1.5 seconds. My timeout is normally set to 30 seconds, which is the same as the http keepalive. Maybe that's the problem. [2016-02-21 16:08:40] BitMEX_Wally : You could just subscribe to `instrument` over the websocket. Then you do not need to poll the API [2016-02-21 16:08:49] BitMEX_Wally : Don't call us, we'll call you [2016-02-21 16:09:16] Tulip_stefan : mhh yeah that's a good point. [2016-02-21 16:11:02] BitMEX_Wally : :) [2016-02-21 16:15:10] BTCDJS : 440 [2016-02-21 16:16:29] BTCDJS : Or chop suey [2016-02-21 16:18:49] BTCDJS : I need to get back in front of the computer. I think I'm addicted lol [2016-02-21 16:24:49] jung1 : Yeah bitcoin is addict [2016-02-21 16:24:52] elmorte : It does get under your skin [2016-02-21 16:25:47] jung1 : mETH [2016-02-21 16:25:51] jung1 : Also [2016-02-21 16:28:11] elmorte : I better shut the comp off before I waste another Monday. Gnite all :) [2016-02-21 16:28:25] jung1 : See ya [2016-02-21 16:28:40] jung1 : Btw uninstall btc apps from your phone then [2016-02-21 16:28:52] jung1 : BTCfx is awesome app [2016-02-21 16:28:59] jung1 : Really like it [2016-02-21 16:32:29] BTCDJS : ok I'm back on [2016-02-21 16:32:35] BTCDJS : here we go [2016-02-21 16:39:24] BTCDJS : jung1: everyone here is addicted lol i know because everyone is always here when i am [2016-02-21 16:44:12] mrp1nk : ;-)