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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[2016-02-24 15:15:44] sleger : and by fact I meant that message just before : ""2016-01-15T12:36:05.533Z","user":"tscha","message":"I said long-term quantos lag spot more than short-term future, which is factually right."
[2016-02-24 15:15:51] laisee : tscha: thought he was canadian. or from new foundland.
[2016-02-24 15:16:21] sleger : you used the term lag, as you now admitted in a wrong way. So I responded to that, at the time there was very little liquidity (no bot) on these contracts and yes they did "lag" spot
[2016-02-24 15:16:21] davidjames : good luck to you all and when you loose money give me a call and ill help you out
[2016-02-24 15:17:06] laisee : davidjames: I have a bitcoin address yuo can send to right now. 3BMEXhEgskCNqQkyUXWS2pLEguaHaTwYmP
[2016-02-24 15:17:07] sleger : davidjames: what interest do you have to give away valuable info for free ?
[2016-02-24 15:18:58] davidjames : to gain friends, friends help each other out they give each other contacts and those contacts help each other out and we make money so if were friends ill help you make money and ill make money also
[2016-02-24 15:19:10] davidjames : :)
[2016-02-24 15:19:53] sleger : phone numbers across international friends is not the easiest, I dont want to receive texts middle of the night, email ?
[2016-02-24 15:20:32] davidjames : email- gbides@hotmail.com
[2016-02-24 15:21:41] tscha : they lagged spot on the way down, how is this wrong? We saw it happening. Because besides losing a lot of value from spot dropping, their value from implied volatility rose... and you ignored that and said liquidity is the sole reason, which is wrong
[2016-02-24 15:22:15] sleger : what do you mean by lag in the post above ?
[2016-02-24 15:22:49] sleger : do you mean they dropped less than spot, which is what it seems to say ? because that is wrong
[2016-02-24 15:22:55] rapidtrades : bitcoin will continue to be repressed until that spamcoin known as eth crashes
[2016-02-24 15:23:37] sleger : I am reiterating my "best trade of 2016: " short litecoin, disclaimer : i am short litecoin
[2016-02-24 15:23:51] rapidtrades : are u rly?
[2016-02-24 15:23:58] sleger : yes
[2016-02-24 15:24:01] tscha : sleger: they dropped less than what they should have according to fair basis calculation - which is what the whole discussion was abou
[2016-02-24 15:24:22] jung1 : habibi: https://www.coingecko.com/en/price_charts/ethereum/usd/max_days
[2016-02-24 15:24:42] rapidtrades : sleger: why ltc and not eth
[2016-02-24 15:25:01] sleger : tscha: well it seems that now you're trying to say they dropped less than inverse fut which is something you never said earlier and something that j8 taught you yesterday
[2016-02-24 15:25:21] sleger : and then that would be correct, but this is not what you meant then or yesterday before the convo
[2016-02-24 15:25:51] tscha : dude, the whole discussion was about fair basis and why long terms were above the fair basis.. you even said that just 10 min ago
[2016-02-24 15:26:01] rapidtrades : yeah tscha u lil weasel, that's not what u meant yday
[2016-02-24 15:26:08] tscha : you didnt understand back then why this was the case and blamed it on liquidity
[2016-02-24 15:26:17] sleger : rapidtrades: because ltc has been there forever, it clearly doesnt bring anything over bitcoin, it lost its momentum, it lost its place as 2nd largest market cap, eth is different, brings more new things, i dont have a position on eth, but i dont see a reason to hold litecoins
[2016-02-24 15:26:49] sleger : having arguments with IT people is very tiring...
[2016-02-24 15:26:51] rapidtrades : yeah it brings spam
[2016-02-24 15:27:19] rapidtrades : can't trust any coin that got its traction after a large spam campaign
[2016-02-24 15:27:38] rapidtrades : this is literally a pump campaign
[2016-02-24 15:28:34] tscha : sleger: you are trying to make it look like I said that if spot drops $40, june contracts drop less than $40? :)
[2016-02-24 15:28:51] rapidtrades : tscha: that's what u always said imo
[2016-02-24 15:29:18] tscha : 16:04 - sleger: no we were having a discussion about "fair price" and fair basis adjustment
[2016-02-24 15:29:50] rapidtrades : i don't really care, being right is more of a ''sleger'' thing
[2016-02-24 15:29:51] sleger : tscha: yes because thats exactly what you said :
[2016-02-24 15:29:52] sleger : "2016-01-14T20:50:40.377Z","user":"tscha","message":"It's not only because of illiquidity, it's also because of expected retracements. If spot falls $40 in a very short amount of time (~30min), june contracts usually don't fall by the same amount" and by that you meant a lower amount
[2016-02-24 15:30:12] rapidtrades : that's a good point
[2016-02-24 15:30:14] tscha : haha no.. we were comparing JUNE and MARCH contracts
[2016-02-24 15:30:26] sleger : tscha: READ : " If spot falls $40 in a very short amount of time (~30min), june contracts usually don't fall by the same amount"
[2016-02-24 15:30:32] rapidtrades : cos they're not liquid enough, mm will start quoting wide
[2016-02-24 15:30:54] sleger : SPOT falls 40, JUNE falls less, your own words
[2016-02-24 15:31:06] tscha : you cant put a quote out of context and try to make it prove you right, thats ridiculous :)
[2016-02-24 15:31:10] rapidtrades : yeah that's wrong but his other point is valid
[2016-02-24 15:31:43] sleger : its a full whole quote : """2016-01-14T20:50:40.377Z","user":"tscha","message":"It's not only because of illiquidity, it's also because of expected retracements. If spot falls $40 in a very short amount of time (~30min), june contracts usually don't fall by the same amount" and by that you meant a lower amount"" that is just completely wrong and you just said it yourself 1 min ago
[2016-02-24 15:32:00] rapidtrades : '' If spot falls $40 in a very short amount of time (~30min)
[2016-02-24 15:32:08] sleger : june contracts usually don't fall by the same amount"
[2016-02-24 15:32:13] sleger : pretty clear to me what he said
[2016-02-24 15:32:25] sleger : and everyone agrees that's wrong
[2016-02-24 15:32:29] sleger : even him now
[2016-02-24 15:32:31] tscha : yeah, shorten the quote and context more, makes lot of sense
[2016-02-24 15:32:46] rapidtrades : i see his point, those contracts are not as responsive to spot
[2016-02-24 15:32:51] rapidtrades : in short-term
[2016-02-24 15:33:14] sleger : thats not even the point rapid, he said himself 2 min ago : "tscha: sleger: you are trying to make it look like I said that if spot drops $40, june contracts drop less than $40?"
[2016-02-24 15:33:18] rapidtrades : generally tho, they will overshoot both up and down
[2016-02-24 15:33:31] tscha : sleger: you agreed yourself - just minutes ago - that the basis of the discussion was the **fair basis valuation** of june contracts and why they are off
[2016-02-24 15:33:37] sleger : although he exactly said that
[2016-02-24 15:33:47] laisee : wow. futures sometimes lead and sometimes lag cash markets ... agree on that and everyone can get some rest.
[2016-02-24 15:33:58] rapidtrades : well he clarified his position now so :) @sleger
[2016-02-24 15:34:02] jung1 : eth 1460 on polo
[2016-02-24 15:34:05] sleger : look, i think i've clearly called you out, everyone can see that, quotes are there, i have done my duty :)
[2016-02-24 15:34:27] rapidtrades : lol @duty
[2016-02-24 15:34:32] sleger : davidjames pump has started
[2016-02-24 15:35:03] tscha : sleger: so you understand now that M16 was trading above fair price back then because of increased implied volatility and not because of lack of liquidity?
[2016-02-24 15:35:07] tscha : just making sure
[2016-02-24 15:35:16] laisee : well done, sleger. Another bounder tagged for everyone to see. stand down now.
[2016-02-24 15:36:06] jung1 : 1470
[2016-02-24 15:36:25] sleger : tscha: fair price is something set by hand by admins of an exchange, it is irrelevant, they adjust it manually here and then to match the market
[2016-02-24 15:36:58] rapidtrades : laisee: a man of objectionable social behavior
[2016-02-24 15:37:06] rapidtrades : i learned a new word today
[2016-02-24 15:37:14] jung1 : damn why eth price stopped here
[2016-02-24 15:37:16] laisee : rapidtrades: thanks!
[2016-02-24 15:37:25] jung1 : over 30s difference
[2016-02-24 15:37:38] rapidtrades : jung1: what
[2016-02-24 15:37:39] jung1 : free money
[2016-02-24 15:37:46] jung1 : eth on polo 1480
[2016-02-24 15:37:47] rapidtrades : jung1: WHERE
[2016-02-24 15:37:51] rapidtrades : ah
[2016-02-24 15:37:57] jung1 : here 1440
[2016-02-24 15:38:12] laisee : not any mre
[2016-02-24 15:38:14] jung1 : im not bad at all
[2016-02-24 15:38:28] jung1 : still 20satoshi lower
[2016-02-24 15:38:30] jung1 : here
[2016-02-24 15:38:48] rapidtrades : cos noone is stupid enough to buy that crap
[2016-02-24 15:38:56] tscha : sleger: yeah, but M16 was trading relatively further over fair price than H16, although both were adjusted before the sudden drop
[2016-02-24 15:38:58] rapidtrades : except that one guy that just bought 1 cont
[2016-02-24 15:39:00] sleger : satoshis ? are you sure?
[2016-02-24 15:39:13] rapidtrades : here we go again...
[2016-02-24 15:39:22] jung1 : https://cryptowat.ch/poloniex/ethbtc/1m
[2016-02-24 15:39:28] tscha : and the reason (or **a** readon) for that is - again - added value bc of implied vola...
[2016-02-24 15:39:48] tscha : and definitely not "just because they are highly illiquid here"
[2016-02-24 15:40:19] sleger : yes sure, i'm glad you learned so many things over the past 2 days.
[2016-02-24 15:40:51] tscha : I just hope you learned it now after 7 weeks
[2016-02-24 15:41:03] tscha : but seems so, so we can let it rest finally
[2016-02-24 15:41:31] jung1 : 1486 vs 1458 here
[2016-02-24 15:43:24] tscha : Sweet, F2Pool threatens withdrawal of consensus
[2016-02-24 15:44:41] rapidtrades : noone cares
[2016-02-24 15:44:54] jung1 : I win vodka with habibi . we have new all time high https://www.coingecko.com/en/price_charts/ethereum/usd/max_days
[2016-02-24 15:45:27] rapidtrades : u sure? vs btc it hit 0.019?
[2016-02-24 15:46:05] jung1 : with $ it is
[2016-02-24 15:46:16] jung1 : 0.017
[2016-02-24 15:47:01] rapidtrades : ok
[2016-02-24 15:51:34] sleger : tscha: are you a bank IT guy?
[2016-02-24 15:51:54] tscha : no, I have absolutely nothing to do with IT
[2016-02-24 15:52:36] tscha : Until like 1 year ago, I couldn't even code..
[2016-02-24 15:52:55] sleger : spot or swaps trader then ?
[2016-02-24 15:54:12] laisee : options trader?
[2016-02-24 15:55:32] sleger : unlikely
[2016-02-24 15:56:39] laisee : why?
[2016-02-24 15:57:40] sleger : words
[2016-02-24 15:58:04] laisee : words like ... implied volatility?
[2016-02-24 15:58:50] sleger : nothingin particular
[2016-02-24 16:00:22] arbitrage001 : sleger: isnt shorting litecoin a little dangerous
[2016-02-24 16:00:33] arbitrage001 : as the price is already rock bottom
[2016-02-24 16:00:50] sleger : bet what you can afford to lose
[2016-02-24 16:00:51] laisee : arbitrage001: it's reached 0.01 cent?
[2016-02-24 16:01:07] arbitrage001 : i remembered mining litecoin years ago
[2016-02-24 16:01:18] arbitrage001 : when it hit peak around usd 45
[2016-02-24 16:01:34] arbitrage001 : return of investment on mining is like one month
[2016-02-24 16:02:10] sleger : I short litecoins on spikes only, so i always have limit orders a bit far away. And I try to short ltcbtc only
[2016-02-24 16:03:12] arbitrage001 : i do agree litecoin and most alt coins have 0 fundamental reason to hold
[2016-02-24 16:05:07] laisee : speaking of which ... ETH is falling, again
[2016-02-24 16:05:36] arbitrage001 : eth is just another pump coin
[2016-02-24 16:05:49] arbitrage001 : my personal opinion
[2016-02-24 16:05:54] j8 : sleger: is there a liquid ltc/btc pair to short? or do you just short ltc/usd and factor it into your btc delta?
[2016-02-24 16:06:34] sleger : depends, i did trade the cross on finex and polo, but also directly ltcusd and hedge later on
[2016-02-24 16:06:45] sleger : you can also trade futures ltc of course
[2016-02-24 16:08:21] j8 : yeah, jeez ltc futures on okc are a nightmare, dunno why they didn't do it bitmex style
[2016-02-24 16:08:31] sleger : why a nightmare ?
[2016-02-24 16:09:15] j8 : having to buy ltc to trade inverse futures is whack
[2016-02-24 16:09:38] sleger : oh yes I agree with that, but you only need to buy 10-20% of what you intend to short
[2016-02-24 16:11:39] sleger : I sold some ltc quaterlies (one month left) at ~5% premium a week ago
[2016-02-24 16:11:42] j8 : that's true, definitely complicates things.. well i guess their platform wasn't really designed for multiple assets, ltc futures is just a copy and paste of btc
[2016-02-24 16:12:55] j8 : yeah that's pretty awesome, as long as there isn't 5% socialized losses over the month
[2016-02-24 16:14:59] sleger : I think it will go down slowly with a possibility of sharpe bounce so i would be in the good way of socialized losses most likely
[2016-02-24 16:55:31] BTCDJS : Whats the news around bitcoin lately guys. positive or negative. A link would be appreciated. I've just got in from work
[2016-02-24 17:06:37] mrp1nk : some guy claiming that btc goes to 440$
[2016-02-24 17:07:00] mrp1nk : adam style insider group
[2016-02-24 17:08:05] BTCDJS : some guy hey?
[2016-02-24 17:19:08] mrp1nk : read above
[2016-02-24 17:19:41] mrp1nk : some guy "davidjames"
[2016-02-24 17:20:55] BTCDJS : mrp1nk: thanks mate. no links?
[2016-02-24 17:21:18] mrp1nk : https://www.bitmex.com/chatArchive :-)
[2016-02-24 17:23:35] BTCDJS : so some random guy comes in who nobody knows and we believe him?
[2016-02-24 17:23:51] jung1 : welcom into Bitcoin
[2016-02-24 17:26:55] mrp1nk : BTCDJS: lol, no. unless he's right :-)
[2016-02-24 17:27:01] BTCDJS : well regarded I'm going long 416
[2016-02-24 17:27:09] BTCDJS : regardless
[2016-02-24 17:27:28] habibi : actually info like when bigger fiats depo coming or anything related biggest btc exchanges inside info can be very usefull in cases of "predicting" price
[2016-02-24 17:28:08] BTCDJS : yeah but does anybody know this guy?
[2016-02-24 17:29:45] mrp1nk : no
[2016-02-24 17:30:16] BTCDJS : how do you know he isn't just a random guy talking shit
[2016-02-24 17:32:26] sleger : BTCDJS: you're going long 416 ? where was the price 416 ?
[2016-02-24 17:33:16] mrp1nk : BTCDJS: you don't
[2016-02-24 17:33:41] jung1 : habibi: https://www.coingecko.com/en/price_charts/ethereum/usd/max_days gdzie mam adres paczkomatu wyslać?
[2016-02-24 17:33:41] jung1 : :)
[2016-02-24 17:33:43] mrp1nk : BTCDJS: thats why i addd adam style
[2016-02-24 17:33:44] jung1 : : )
[2016-02-24 17:33:57] habibi : jung1: ? poczekajmy na nowe ath ok :)?
[2016-02-24 17:34:22] habibi : chyba ze miales na mysli usd
[2016-02-24 17:34:31] habibi : bardziej mi chodzilo o odniesienie do btc
[2016-02-24 17:34:42] habibi : ale jesli nie jestes pewny swego to moge uznac to :)
[2016-02-24 17:35:01] jung1 : bylo dzis $6.09
[2016-02-24 17:35:06] BTCDJS : 2016-02-24 12:00 @sleger
[2016-02-24 17:35:23] habibi : eth/btc, kto tam patrzy na usd. ale tak jak mowie, jak pękasz to uznajemy to
[2016-02-24 17:35:36] jung1 : to zróby tak, ze ja ci wyslem mojego browarka, a Ty mi hejza
[2016-02-24 17:35:38] jung1 : nie pękam
[2016-02-24 17:35:58] jung1 : polecimy jeszcze
[2016-02-24 17:36:13] zer0hedge : Polish invasion!
[2016-02-24 17:36:13] habibi : dobra, czekam na paczke z holandii ale lada dzien powinna dojsc
[2016-02-24 17:36:35] mrp1nk : jung1: @habibi : english ****, do you speak it?
[2016-02-24 17:36:45] habibi : mozliwe ze dzisiaj byla, aczkolwiek na nartach bylem to niewiem
[2016-02-24 17:36:52] habibi : mrp1nk: yes, i don't. :)
[2016-02-24 17:37:01] jung1 : mrp1nk: kurwa
[2016-02-24 17:37:14] jung1 : habibi: https://www.coingecko.com/en/price_charts/ethereum/usd/max_days
[2016-02-24 17:37:42] habibi : jung1: widze, ath mialem na mysli w odniesieniu do btc
[2016-02-24 17:37:48] BTCDJS : 9:45 on 48H chart 12 on trading vie chart
[2016-02-24 17:37:50] jung1 : no to poczekajmy
[2016-02-24 17:38:02] habibi : co jest glowna przekladnia ale dobra uzjanemy zeby nie bylo ze sie wykladam :p wysle Ci z pol gieta czystego najlepszego ziolka
[2016-02-24 17:42:57] mrp1nk : habibi: send it to mee too
[2016-02-24 17:43:54] jung1 : habibi: cho na irca
[2016-02-24 17:47:42] habibi : zmeczony jestem, wejde wieczorkiem
[2016-02-24 17:47:47] habibi : za dwie godzinki gdizes
[2016-02-24 17:48:03] jung1 : alrajt
[2016-02-24 17:53:03] habibi : albo jesli masz mikrofon, wbijaj do na tsa
[2016-02-24 18:00:21] rapidtrades : kurwa never gets old
[2016-02-24 18:19:50] rapidtrades : lol? 232 btc sell on finex
[2016-02-24 18:29:48] habibi : rapidtrades: why it shocks u?
[2016-02-24 18:31:22] rapidtrades : it's 232 BTC
[2016-02-24 18:31:25] rapidtrades : 2
[2016-02-24 18:31:26] rapidtrades : 3
[2016-02-24 18:31:27] rapidtrades : 2
[2016-02-24 18:33:41] sleger : would 323 better suit you ?
[2016-02-24 18:37:08] tscha : I prefer 313, the license plate of Donald Duck's car
[2016-02-24 18:39:55] BTCDJS : i think everyone is overlooking the fact that it could've been 321. thats a countdown.
[2016-02-24 18:42:15] rapidtrades : but it was 232 not 321
[2016-02-24 18:42:41] rapidtrades : so the whale is telling us, $420>$430>$420
[2016-02-24 18:43:58] habibi : yea, or 232 as next target or 232upside move, or just random sell of/buy whatever it was
[2016-02-24 18:44:19] rapidtrades : NO
[2016-02-24 18:44:34] rapidtrades : he's a whale, so we wouldn't be selling now
[2016-02-24 18:44:35] BTCDJS : yeah but when you weren't looking another whale on a different exchange bought 475
[2016-02-24 18:44:37] rapidtrades : he's smat
[2016-02-24 18:45:06] rapidtrades : BTCDJS: u don't just ''buy'' 475 btc without me noticing
[2016-02-24 18:45:17] rapidtrades : at least not on usd exchanges :)
[2016-02-24 18:45:29] BTCDJS : fair enough
[2016-02-24 18:45:54] sleger : 2 days ago I bought 314 by accident, didnt realize for 12 hours, I meant to enter orders of 15btc and apparently I must have entered 157 btc...
[2016-02-24 18:45:56] habibi : or u overreacting 10 times
[2016-02-24 18:45:57] sleger : on finex
[2016-02-24 18:45:59] BTCDJS : so you thinking dumpas?
[2016-02-24 18:46:20] sleger : 314 that's pi, is that a sign ?
[2016-02-24 18:46:41] habibi : nah, just ur mistake.
[2016-02-24 18:47:47] sleger : that cost me a good steak :(
[2016-02-24 18:49:42] habibi : have u tried boosting or lowering tradeblock in like 1 minute before price lock in?
[2016-02-24 18:49:47] habibi : tradeblock price*
[2016-02-24 18:50:23] habibi : jung1: jesteś?
[2016-02-24 18:57:37] justinlooking : admit nothing
[2016-02-24 19:10:51] REKT : Liquidated short on `XBT24H`: Buy 10 @ 426.10
[2016-02-24 19:35:11] REKT : Liquidated long on `XBT24H`: Sell 5 @ 424.65
[2016-02-24 20:30:33] krach : how do I change my troll box name
[2016-02-24 20:31:32] BTCDJS : krach: you cant
[2016-02-24 20:31:34] justinlooking : ask admin on trollbox or send email to support
[2016-02-24 20:31:39] BTCDJS : its impossible
[2016-02-24 20:31:52] mrp1nk : someone called david james?
[2016-02-24 20:37:46] habibi : krach: contact ceo of bitcoin or just call 911
[2016-02-24 20:49:53] BTCDJS : whats wrong with krach anyway? it sounds like something i want to scratch
[2016-02-24 21:24:43] BTCDJS : rapidtrades: or anybody. I bought a token call REP which will be launching with Augur a decentralised market prediction platform that is built on top of ethereum. REP hasn't even been released yet but there is already a value placed on ithttps://twitter.com/WorldCoinIndex/status/701735688228749312 In your experience if a coin is valued like this before its release, does it mean it will start off at this price? or is this a load of shit that i shouldn't take seriously?
[2016-02-24 21:47:09] tscha : https://www.reddit.com/r/btc/comments/47ekqu/i_know_for_a_fact_that_multiple_large_firms_are/
[2016-02-24 22:20:12] tscha : hm, I always thought okc.com volume is legit due to fees and volume faking only happens at .cn
[2016-02-24 22:21:26] tscha : guess I was wrong
[2016-02-24 22:22:21] tscha : .com also has those regular volume intervals
[2016-02-24 22:22:53] mrp1nk : 26h?
[2016-02-24 22:23:11] mrp1nk : ah sorry i mean 22h
[2016-02-24 22:24:06] tscha : mrp1nk: are you talking to me? what 22h?
[2016-02-24 22:24:20] mrp1nk : regular volume interval
[2016-02-24 22:24:58] mrp1nk : more specifically: spikes in volume every 22h
[2016-02-24 22:25:01] tscha : no, just a couple of minutes.. look at the 1m chart with volume bars: https://cryptowat.ch/okcoin/btcusd
[2016-02-24 22:26:19] tscha : oops, sorry for the fail link... you know what to do
[2016-02-24 22:28:55] habibi : tscha: who cares about volume on okc?
[2016-02-24 22:29:12] habibi : it can be 100k btc in minute and 20 btc in minute and rather second is true
[2016-02-24 22:29:51] habibi : actually there was some guy saying they paying up to 50$/hour to fake volume but dont know if its true
[2016-02-24 22:30:07] tscha : actually, bitmex cares about volume on okc.... because the underlying index uses price weighting based on volume
[2016-02-24 22:30:25] habibi : nvm u saying about okc usd
[2016-02-24 22:30:42] tscha : yeah, chinese volume can be ignored anyway
[2016-02-24 22:30:53] habibi : okc usd seems pretty normal to me
[2016-02-24 22:31:23] j8 : it always amazes me the number of people that are still fooled by chinese volume.
[2016-02-24 22:31:37] tscha : you saw the volume bars at 1m? seems like very reasonless and automatic volume generation
[2016-02-24 22:31:59] habibi : u mean these 20-40 btc?
[2016-02-24 22:32:13] tscha : no, around ~10btc
[2016-02-24 22:32:35] tscha : okc BTC/USD on cryptowat.ch
[2016-02-24 22:32:53] habibi : yep, but it doesnt proof anything to me imo
[2016-02-24 22:33:51] tscha : it looks generated, no other exchange with fees has these systematic trades
[2016-02-24 22:34:16] habibi : as on the other hand i am not saying they cant fake volume, but still, can be buy/sell bot job
[2016-02-24 22:34:27] j8 : a little weird, doesn't prove anything, but i've always thought their volume seems higher than it should be
[2016-02-24 22:34:44] habibi : whether buying or selling. but still okc is shady as fck in what they do from spot/futures to maybe even that usd
[2016-02-24 22:35:19] tscha : Dunno, seems very obvious to me. maybe someone has a logical explanation because I can't think of one... and I dont give okc the benefit of the doubt
[2016-02-24 22:35:23] j8 : a while back bitstamp had some weird volume going on
[2016-02-24 22:36:13] j8 : doesn't surprise me that either of them want to look relevant when really everyone watches bitfinex + china
[2016-02-24 22:36:44] sleger : often my orders of 20-50btc are eaten very quick in one bite on okc usd
[2016-02-24 22:36:54] sleger : happens less often on finex
[2016-02-24 22:37:29] habibi : sleger: so thats actually indicates that volume is rather true
[2016-02-24 22:37:55] sleger : not all is fake for sure
[2016-02-24 22:40:20] tscha : I jsut doubt there is a profitable strategy in which you continously trade exactly 10 btc every 4 minutes, totally regardless of what happens on the market
[2016-02-24 22:40:36] tscha : because thats whats happening at okc.com
[2016-02-24 22:41:13] sleger : the api provides last trades and book, no need to look at achart
[2016-02-24 22:41:34] sleger : if it's fake you can show it very easily
[2016-02-24 22:41:35] habibi : remember willy bot? not every strategy needs to be profitable for first view :D
[2016-02-24 22:43:29] tscha : sleger: why does volume being fake indicate it can be proven easily? They could just use an advanced algo for their internal fee-less bot, using different intervals, different tradesizes etc..
[2016-02-24 22:44:43] sleger : but it would be constant 10 btc eveyr 4 min ? lol
[2016-02-24 22:44:52] sleger : there is no reasoning with you....
[2016-02-24 22:45:23] tscha : yeah, in this case its clear, but faking volume can be easily done in a way to make it not "provable"
[2016-02-24 22:45:35] j8 : big volume within the bid/ask spread is a sign of fake volume
[2016-02-24 22:45:42] jung1 : habibi: jestem
[2016-02-24 22:45:51] habibi : tscha: look at okc/hubi cny spots
[2016-02-24 22:46:06] j8 : if an order sits on the books someone else can take it. if you want to fake it you match your own order very quickly in the middle of the spread
[2016-02-24 22:46:21] habibi : do u think chinese are finding out interesing sollutions to fake people or they just use the easiest ones?
[2016-02-24 22:47:13] sleger : easiest
[2016-02-24 22:47:20] sleger : its very obvious if you have market data
[2016-02-24 22:47:22] habibi : ktore to twoje konto na wykopie teraz?
[2016-02-24 22:48:36] jung1 : zawszespoko
[2016-02-24 22:48:43] jung1 : tyskieponadwszystkie
[2016-02-24 22:48:47] jung1 : a reszty nie powiem
[2016-02-24 22:48:49] jung1 : hehe
[2016-02-24 22:51:02] tscha : i'm actually wondering why they are not using more sophisticated techniques. I mean, they could at least try to look legit
[2016-02-24 22:51:35] j8 : when have they ever tried
[2016-02-24 22:51:55] habibi : sleger what's about volume competition u took place? it was on usd spot?
[2016-02-24 22:53:38] laisee : maybe other exchanges are constraining the ways CNY exchanges can fake volume. Assuming that trades are actually executed at all, that is.
[2016-02-24 22:55:54] laisee : sleger: I ran a bot on an exchange that put up quotes within spread and matched them myself very quickly. other traders noticed, tho.
[2016-02-24 23:01:19] habibi : ah and funny thing often cthey turn it off on cny spots before some movements
[2016-02-24 23:01:40] habibi : like 20 to hour before
[2016-02-24 23:05:38] habibi : but turning it off doesnt mean move will happen anyway
[2016-02-24 23:36:09] BTCVIX : starting to get used to bitmex more over OKCoin
[2016-02-24 23:38:12] mrp1nk : nice catch vix!
[2016-02-24 23:38:15] tscha : BTCVIX: was listening to your recent podcast today while driving on the highway
[2016-02-24 23:38:34] BTCVIX : yeah -- I actually really like what the guys at bitmex are doing don't get me wrong
[2016-02-24 23:38:42] BTCVIX : this is a great platform and product offering
[2016-02-24 23:38:48] BTCVIX : I just want some transparency
[2016-02-24 23:39:22] j8 : i listened yesterday also, agree with most of your points
[2016-02-24 23:39:51] mrp1nk : okcoin
[2016-02-24 23:39:56] BTCVIX : thanks
[2016-02-24 23:39:58] mrp1nk : kek
[2016-02-24 23:40:00] BTCVIX : okcoin
[2016-02-24 23:40:04] BTCVIX : ok coin
[2016-02-24 23:40:16] BTCVIX : the woodchipper
[2016-02-24 23:40:33] BTCVIX : if you type woodchipper it doesn't reverse it to OK coin lol
[2016-02-24 23:40:40] tscha : BTW guys, we need to give kudos to big arthur, he had a lot of praise for the trollbox and defended us <3 ???
[2016-02-24 23:40:59] tscha : BTCVIX: yeah, thats the filter wally was talking about on the podcast... haha
[2016-02-24 23:42:03] tscha : the filter is fucking awesome
[2016-02-24 23:43:12] BTCVIX : it doesn't really bother me it is just funny
[2016-02-24 23:43:33] BTCVIX : not posting the insurance fund data irks me quite a bit more though
[2016-02-24 23:45:26] j8 : yeah, we've actually been asking for it for basically as long as DPE has been a thing
[2016-02-24 23:46:01] habibi : BTCVIX: actually they said they will release more info/data about that fund, like 2.5 months ago :p
[2016-02-24 23:46:09] habibi : but they are busy right :p
[2016-02-24 23:46:16] habibi : still making a lot of changes here
[2016-02-24 23:46:34] BTCVIX : see I don't buy that excuse
[2016-02-24 23:46:51] tscha : i totally agree with you that posting it would be important. But honestly, atm I have 100x more trust in Bitmex than in okcoin, who could just be making up numbers.
[2016-02-24 23:46:54] BTCVIX : Arthur posts 10s of excel docs of calulating of abstract things none of will ever look at
[2016-02-24 23:47:04] BTCVIX : yet they can't post a simple insurance fund data set
[2016-02-24 23:47:15] BTCVIX : don't attempt to keep saying "it is coming"
[2016-02-24 23:47:37] BTCVIX : that is where the questioning of lack of transparency leads to conjecture
[2016-02-24 23:47:52] BTCVIX : publish all data current and historic regarding the fund and put and end to this discussion
[2016-02-24 23:48:09] BTCVIX : just my opinion but understand how quickly PR problem blow up in companies faces
[2016-02-24 23:49:30] j8 : yep, the perceptions around it are bad, no matter how you choose to place your trust
[2016-02-24 23:51:20] tscha : Simply displaying the daily insurance fund value (like at okcoin currently) doesnt solve any problem.
[2016-02-24 23:51:30] tscha : Users need to be able to verify the size of the fund themselves, which is what wally mentioned in the podcast
[2016-02-24 23:51:41] habibi : few times we got info it got smashed by some liquidation
[2016-02-24 23:51:49] habibi : info*
[2016-02-24 23:52:13] habibi : one time i remember it had 5 or 6 btc, nothing else. a bit shady true Vix
[2016-02-24 23:56:24] j8 : the best way would be to list each liquidation with its liq price and fill price.. or just the margin spent / contributed to fill it
[2016-02-24 23:57:13] BTCVIX : I am really trying to be measured in what I say -- I just want transparency to put this to rest but I get cornered and made to answer the question of "well what do you think they are doing with the funds then" -- I really don't know, I have no reason to NOT believe what they are saying but ffs post the data so we can move on
[2016-02-24 23:58:09] zanza : whats up btcvix !
[2016-02-24 23:58:17] BTCVIX : what up man
[2016-02-24 23:58:27] zanza : enjoyed the Hangouts recording on youtube
[2016-02-24 23:59:50] BTCVIX : thank you sir
[2016-02-25 00:00:17] tscha : BTCVIX: I hear you and it makes sense. I just dont understand why you hit on Bitmex and at the same time surf at ok-coin mentioning that they disclose all the information... Which is not true, they are not providing any information of value. You can't verify how their insurance fund builds up, its just a number they put in. It doesnt solve anything.
[2016-02-25 00:01:13] BTCVIX : actually I didn't say that though -- I didn't say OKC provides all the data -- I also even coated my statement that you have to believe what OKC is showing you and we really don't know
[2016-02-25 00:01:23] BTCVIX : BUT
[2016-02-25 00:02:06] BTCVIX : with that said it has basically stopped anyone from questioning it -- that is the point, perception trumps reality -- they could be skimming or dishonest, we don't know but I can see what supposedly goes into the fund every day
[2016-02-25 00:02:12] BTCVIX : and get a rough feel if it FEELS right
[2016-02-25 00:02:15] BTCVIX : that is it
[2016-02-25 00:02:22] BTCVIX : bitmex is providing NOTHING
[2016-02-25 00:02:31] BTCVIX : zippo
[2016-02-25 00:02:56] tscha : ok, I was driving, but it seemed you critize bitmex and didnt judge ok-coin as much, maybe I misheared that.
[2016-02-25 00:03:02] zanza : well, DPE (clawback) does not happen very often here
[2016-02-25 00:03:24] zanza : so in the worst case scenario, misuse of insurance fund would cause higher likelyhood of DPE
[2016-02-25 00:03:27] BTCVIX : true but that still doesn't justify not being transparent
[2016-02-25 00:04:16] tscha : "hey could be skimming or dishonest, we don't know but I can see what supposedly goes into the fund" .. in this case you are talking about the user's trust right?
[2016-02-25 00:04:47] BTCVIX : tscha: also I admit being OKC centric -- I don't deny not being biased -- but I do have issue when the sacrosanct bitmex isn't at par with OKC in transparency -- even that is ONLY perceived
[2016-02-25 00:04:59] zanza : yeah, it seems like they are making pretty good fees now off normal orders since the volume has picked up here in the past 5 months to not need to skim
[2016-02-25 00:05:33] zanza : My guess, is that in past times when they were low volume the liquidation fund was kind of helping cover the bills
[2016-02-25 00:05:39] BTCVIX : tscha: well the customers are the users -- so yes do the users trust what the platform is reporting etc
[2016-02-25 00:06:06] tscha : The only way to prove the true fund is posting liquidation fills. Okc doesnt do it, bitmex doesnt do it. You can argue that seeing a number (which could be fake) subjectively gives a higher trust, which makes sense
[2016-02-25 00:06:08] zanza : have you traded the A50 at all yet @btcvix ?
[2016-02-25 00:06:31] zanza : true tscha
[2016-02-25 00:06:47] tscha : but if you hear around opinions of bitmex users, they usually have a very high trust into the platform
[2016-02-25 00:06:56] BTCVIX : tscha: it does get perceived by more trust -- some people in bitcoin think to binary computer dev style
[2016-02-25 00:07:01] BTCVIX : the world is about perceptions
[2016-02-25 00:07:12] BTCVIX : zanza: I posted an order that never got filled
[2016-02-25 00:07:15] BTCVIX : then just said fuck it
[2016-02-25 00:07:36] zanza : btcvix, you also have to consider how rare clawback is here
[2016-02-25 00:07:40] BTCVIX : tscha: but bitmex still has a very small user base
[2016-02-25 00:07:41] zanza : that builds trust here
[2016-02-25 00:08:02] zanza : small user base, but our volume is pretty good.
[2016-02-25 00:08:13] zanza : usually 24H contract volume is like 9k
[2016-02-25 00:08:20] zanza : (anyone confirm that?)
[2016-02-25 00:08:38] BTCVIX : zanza: well the point is that you are arguing a minority viewpoint evitably
[2016-02-25 00:08:40] tscha : BTCVIX: yes, but it grows rapidly. think wally mentioned like x10 in last 6 months
[2016-02-25 00:09:34] BTCVIX : bitmex Sam told me almost 9 months ago that the feedback from users about UI UX was essatic -- they loved it -- I was like well yeah that is because you asked the people ON your platform -- no one using OKC liked bitmex UI
[2016-02-25 00:09:38] BTCVIX : now look at bitmex UI
[2016-02-25 00:09:44] BTCVIX : suddenly much better and intuitive
[2016-02-25 00:10:03] zanza : look at OKC LTC contract, from what I hear is very convoluted
[2016-02-25 00:10:16] zanza : you have to literally buy LTC to even use it, and the interface is very bad
[2016-02-25 00:10:19] BTCVIX : I am PR/Marketing/ and Community guy -- this is far from black and white issues it comes down to perceptions -- that is all I am hammering on
[2016-02-25 00:10:33] zanza : yeah I know you are trying to help this site improve
[2016-02-25 00:10:47] zanza : noble intentions
[2016-02-25 00:12:13] tscha : Considering okc does pretty shady stuff considering vollume generation, I trust Bitmex 10x more than them. But again, the only way to solve this issue is posting each liquidation fill. Hopefully they will implement it soon, would be sweet.
[2016-02-25 00:12:29] zanza : personally I think this site has the best trading UI from everything I have seen
[2016-02-25 00:12:31] tscha : And I think trust is just very subjective, you might be more of an okc guy whic his fine
[2016-02-25 00:13:03] REKT : Liquidated short on `XBT24H`: Buy 1000 @ 425.95
[2016-02-25 00:13:03] REKT : Liquidated short on `XBT24H`: Buy 20 @ 426.04
[2016-02-25 00:13:03] zanza : OKC takes fiat deposits, so they have a government oversight
[2016-02-25 00:13:24] BTCVIX : tscha: the great thing about high leverage is you don't have to trust very much
[2016-02-25 00:13:32] BTCVIX : I have written about that many times
[2016-02-25 00:13:46] zanza : yes, but liquidation hits a lot harder with high leverage :)
[2016-02-25 00:13:47] BTCVIX : the mtgox problem has largely been solved through risk mitigation
[2016-02-25 00:13:51] tscha : true
[2016-02-25 00:13:51] BTCVIX : gox had no leverage
[2016-02-25 00:14:11] BTCVIX : OKC 20x mex 100x -- I barely need to expose much for collateral anymore on these bucket shops
[2016-02-25 00:15:06] tscha : BTCVIX: btw, past DPE rates are here if you are interested: https://www.bitmex.com/app/settlementHistory
[2016-02-25 00:15:35] BTCVIX : yeah I have seen those -- you could also argue that OKC barely has any socialized losses either
[2016-02-25 00:15:44] BTCVIX : even historically their rate is very low
[2016-02-25 00:16:21] tscha : true. however, okc has 20x as you mentioned, much easier to have low socialized losses on that leverage
[2016-02-25 00:16:49] BTCVIX : well BUT mex takes control of your position at 50% of collateral remaining versus OKC at 20%
[2016-02-25 00:18:30] j8 : it's only 50% of collateral if you go 100x
[2016-02-25 00:18:31] tscha : yeah, hard to compare the systems
[2016-02-25 00:19:11] j8 : if you go 20x here then it's 0.5% relative to 5% collateral, so 10%
[2016-02-25 00:19:57] zanza : so its actually half of OKC based on amount of leverage?
[2016-02-25 00:20:01] zanza : thats cool
[2016-02-25 00:20:15] BTCVIX : OKC does 10% at 10x
[2016-02-25 00:20:33] REKT : Liquidated short on `XBT24H`: Buy 1453 @ 427.02
[2016-02-25 00:20:33] j8 : and here 10x would be 5%
[2016-02-25 00:20:44] zanza : btw did whaleclub teamspeak close down? I tried logging in lately and it was pretty dead
[2016-02-25 00:20:54] zanza : back in August it was pretty popular
[2016-02-25 00:21:01] BTCVIX : there have also been 35% and 25% dpes as well
[2016-02-25 00:21:10] ayy lmao : pamp
[2016-02-25 00:21:11] zanza : yup BTCVIX
[2016-02-25 00:21:16] BTCVIX : we only do setup sundays now
[2016-02-25 00:21:16] zanza : when DPE hits, it hits hard!
[2016-02-25 00:21:23] REKT : Liquidated short on `XBT24H`: Buy 73 @ 428.17
[2016-02-25 00:21:33] REKT : Liquidated short on `XBT7D`: Buy 300 @ 426.78
[2016-02-25 00:21:33] REKT : Sell your house, sell your wife, sell your kids, BUY BITCOIN!
[2016-02-25 00:21:41] BTCVIX : and the problem with that is that DPE will probably hit you on your most profitable day
[2016-02-25 00:21:56] zanza : I do wish the trollbox had an option to "mute/ignore" user
[2016-02-25 00:22:03] zanza : that way it could be self moderating
[2016-02-25 00:22:45] habibi : new guy is back
[2016-02-25 00:22:46] habibi : <3
[2016-02-25 00:22:51] zanza : BTCVIX: what do you think of Simplefx?
[2016-02-25 00:24:00] BTCVIX : well I a bit biased to answer that
[2016-02-25 00:24:12] zanza : why are you baised?
[2016-02-25 00:24:26] BTCVIX : I am king shill of SFX long before anyone knew of it
[2016-02-25 00:24:31] zanza : rofl
[2016-02-25 00:24:33] REKT : Liquidated short on `XBT24H`: Buy 3 @ 430.35 :punch: :whale:
[2016-02-25 00:24:35] BTCVIX : but I do like it for a number of reasons
[2016-02-25 00:24:52] BTCVIX : mt4 is great -- set entry price with SL and TP all in one
[2016-02-25 00:25:03] REKT : Liquidated short on `XBT7D`: Buy 3 @ 428.59 :punch: :whale:
[2016-02-25 00:25:05] BTCVIX : also you can trade everything you want using btc when btc isn't moving
[2016-02-25 00:25:11] habibi : look at 24h then at daily roll
[2016-02-25 00:25:13] habibi : then 7d
[2016-02-25 00:25:23] zanza : I like the concept, but the implementation is awful, Their "trade point trade value" this is super convoluted
[2016-02-25 00:25:25] habibi : nvm anymore
[2016-02-25 00:25:41] BTCVIX : zanza: yeah have you used it with mt4 yet ?
[2016-02-25 00:25:47] BTCVIX : desktop and mobile
[2016-02-25 00:25:51] zanza : no haven't
[2016-02-25 00:25:54] BTCVIX : would suggest going that route
[2016-02-25 00:25:58] zanza : ahh ok
[2016-02-25 00:26:07] BTCVIX : you will first hate mt4 -- it looks like something from ms-dos
[2016-02-25 00:26:11] BTCVIX : but it will grow on you
[2016-02-25 00:26:15] BTCVIX : all the FX guys use it
[2016-02-25 00:26:20] zanza : but, does MT4 calculate their "point" system?
[2016-02-25 00:26:50] zanza : their simplefx webui is like kindergarden compraed to here
[2016-02-25 00:27:07] zanza : ill have to try MT4
[2016-02-25 00:28:16] zanza : actually, at least they fixed the "calculator" that wasn't working forever. Just tried it now
[2016-02-25 00:28:18] BTCVIX : well mt4 is just straight pips
[2016-02-25 00:28:46] zanza : I think 1broker has slightly better overnight rates than simplefx though
[2016-02-25 00:28:59] zanza : and does not charge 3x on wednesday
[2016-02-25 00:29:14] BTCVIX : zanza: well 200x vs 500x and you might be right
[2016-02-25 00:29:21] zanza : ahh
[2016-02-25 00:29:26] BTCVIX : I don't think SFX charges 3x on weds
[2016-02-25 00:29:32] BTCVIX : they do it daily
[2016-02-25 00:29:37] BTCVIX : but not sure tbh
[2016-02-25 00:29:48] BTCVIX : 1broker messed up and not going with mt4
[2016-02-25 00:29:54] BTCVIX : their growth is limited because of that
[2016-02-25 00:30:21] zanza : My favorite part of BitMEX is the long dated futures, I think it their best feature but not many people realize this
[2016-02-25 00:30:40] zanza : the 3 and 6 month
[2016-02-25 00:30:59] BTCVIX : yeah I my average hold time in FX is 10-15 minutes
[2016-02-25 00:31:00] BTCVIX : lol
[2016-02-25 00:37:33] REKT : Liquidated long on `XBT24H`: Sell 120 @ 428.72
[2016-02-25 00:49:32] TraderStefan : when creating an order though the api, how do I set it to use cross margin?
[2016-02-25 00:50:18] habibi : u said u were playing 3.3x here...
[2016-02-25 00:50:21] habibi : with bot
[2016-02-25 00:50:56] j8 : TraderStefan: it's a position call https://www.bitmex.com/api/explorer/#!/Position/Position_isolateMargin
[2016-02-25 00:51:20] TraderStefan : ty j8
[2016-02-25 00:52:08] j8 : np
[2016-02-25 00:53:17] TraderStefan : is this something that must be set every time I create a new order, or it will default to my last setting
[2016-02-25 00:53:19] TraderStefan : ?
[2016-02-25 00:53:30] j8 : it stays where you put it, per contract
[2016-02-25 00:53:44] TraderStefan : excellent, thanks
[2016-02-25 00:53:58] j8 : it's possible that when a new contract launches it'll default to isolated
[2016-02-25 00:54:20] zanza : low average hold times mean you get effected by the spread much greater
[2016-02-25 00:54:51] TraderStefan : j8, yeah I'll have to watch out for that
[2016-02-25 00:57:22] j8 : speaking of which, i wonder when september will launch
[2016-02-25 00:57:53] zanza : when Mar expires
[2016-02-25 00:58:00] j8 : guess so.
[2016-02-25 00:58:02] zanza : Jun will replace mar
[2016-02-25 01:01:55] zanza : isn't using cross margin 100x (or max default)
[2016-02-25 01:02:49] zanza : but under the slider it says cross is 0 leverage
[2016-02-25 01:03:17] j8 : sort of, but effectively not
[2016-02-25 01:07:07] j8 : it only puts the minimum of 1% margin on the position, but it adds more as it needs it
[2016-02-25 01:33:33] REKT : Liquidated long on `XBT24H`: Sell 1 @ 426.78 :punch: :whale:
[2016-02-25 01:42:05] gustavo7 : stamp dumping
[2016-02-25 01:42:22] gustavo7 : just a little
[2016-02-25 01:52:58] zanza : j8: like a vampire!
[2016-02-25 01:54:23] j8 : ok...
[2016-02-25 03:24:47] chromaticcr : get rekt A50
[2016-02-25 03:40:34] REKT : Liquidated long on `XBT24H`: Sell 1 @ 423.87 :punch: :whale:
[2016-02-25 03:41:40] veritasBS : mega rekt coming soon.
[2016-02-25 04:01:05] REKT : Liquidated long on `XBT24H`: Sell 1030 @ 422.54
[2016-02-25 04:01:45] REKT : Liquidated long on `XBT24H`: Sell 3329 @ 421.82
[2016-02-25 04:01:45] REKT : Liquidated long on `XBT24H`: Sell 1000 @ 421.88
[2016-02-25 04:02:05] REKT : Liquidated long on `XBT24H`: Sell 138838 @ 421.29 **REKTosaurus** :cry: :gun: :skull:
[2016-02-25 04:02:05] REKT : Liquidated long on `XBT48H`: Sell 1000 @ 421.89
[2016-02-25 04:02:05] REKT : Next stop - goblin town!
[2016-02-25 04:02:38] ayy lmao : rekt
[2016-02-25 04:03:03] ayy lmao : 10 btc rekt
[2016-02-25 04:17:43] chromaticcr : lol
[2016-02-25 04:22:30] jung1 : Ouch
[2016-02-25 04:24:19] j8 : isn't trading fun
[2016-02-25 04:27:24] jung1 : Bitcoin: losing money never was so fun
[2016-02-25 04:54:11] zeropoint : really bitmex... a guy w a gun to the head , very unprofessional
[2016-02-25 04:58:14] micmix : zeropoint: REKT is not an official BitMEX bot. do you have any suggestions for the big REKT emoji? the list is here: http://www.emoji-cheat-sheet.com/
[2016-02-25 04:59:47] zeropoint : thx for the clarification micmix
[2016-02-25 05:03:33] micmix : if you guys consider "gun to the head" poor taste I can change it, it's not a problem