BitMEX Trollbox Userinfo

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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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[2016-02-25 18:12:02] tscha : maybe just a typo
[2016-02-25 18:14:00] Tulip_stefan : I really don't get how those people can live with themselves. Are they honestly believing they offer an useful service, or are they just blinded by dollar signs in their eyes?
[2016-02-25 18:14:34] sleger : I reported his twitter account
[2016-02-25 18:15:48] sleger : Tulip_stefan: just money. Its funny, the only stock he didnt remove from his tweets was from may 2015 and it went up, so all the others probably didnt work out...
[2016-02-25 18:20:18] tscha : he also had an instagram account called "stock-gangster" (which got deleted) and he has an account called "billionaire_lifestyle_magazine"
[2016-02-25 18:20:52] rapidtrades : Tulip_stefan: as opposed to ppl that sell algos while believing that markets are a random walk?
[2016-02-25 18:21:36] REKT : Liquidated short on `ETH7D`: Buy 300 @ 0.01380
[2016-02-25 18:22:22] Mangalica : wow LEXG? that shit is still going?
[2016-02-25 18:24:27] Mangalica : i assume they've already sold it a couple of times since the hyper-pump half a decade ago
[2016-02-25 18:25:30] Tulip_stefan : rapidtrades: i get your argument. If my product doesn't offer acceptable return any more i will shut down my company. I ain't taking money for a product that doesn't work.
[2016-02-25 18:25:33] Mangalica : the ticker itself has value
[2016-02-25 18:26:02] Tulip_stefan : The random walk theory doesn't prohibit you from making profits.
[2016-02-25 18:28:55] zanza : is someone collecting money for investments?
[2016-02-25 18:28:58] zanza : i have monies
[2016-02-25 18:31:06] REKT : Liquidated long on `XBT24H`: Sell 200 @ 422.14
[2016-02-25 18:31:06] REKT : Close your longs, close your shorts, choppy waters ahead!
[2016-02-25 18:40:30] sleger : Tulip_stefan: "The random walk theory doesn't prohibit you from making profits." ?
[2016-02-25 18:40:44] sleger : are you saying you can make money in a steady way on a random walk
[2016-02-25 18:41:58] mrp1nk : I think the Point is that in a Random Walk you eventually reach every price with probsbilty 1
[2016-02-25 18:42:45] sleger : thats not my question
[2016-02-25 18:44:09] mrp1nk : As the time goes to infinity. It seems that The answer is yes
[2016-02-25 18:44:37] sleger : I know that, but as I just said, thats not my question
[2016-02-25 18:44:50] sleger : and it does not "seem", it is
[2016-02-25 18:49:03] j8 : martingale also works great if you have infinite time and infinite capital
[2016-02-25 18:50:28] sleger : depends what you mean by "works"
[2016-02-25 18:51:39] j8 : gives an arbitrarily high return given enough rounds
[2016-02-25 18:51:59] j8 : still doesn't have positive expectation value
[2016-02-25 18:52:04] sleger : yep
[2016-02-25 18:52:55] j8 : then again if you have infinite capital you don't need to gamble
[2016-02-25 18:53:09] sleger : to not get bored
[2016-02-25 18:53:58] sleger : if I had infinite capital I would just put it on some kind of interest bearing investment, and earn an infinite amount of money all the time
[2016-02-25 18:54:17] sleger : then I can spend infinite without having to even touch my infinite starting capital
[2016-02-25 18:54:48] j8 : presumably all money would be worthless though, unless you kept it secret
[2016-02-25 18:55:22] sleger : only need people to trust i wont spend too much of it
[2016-02-25 18:57:06] mrp1nk : thats the same isnt it @j8
[2016-02-25 18:57:40] j8 : who's paying the infinite interest? they must have infinite capital too
[2016-02-25 18:58:11] Tulip_stefan : sleger: (sorry for delay, i was on a bike ride) you're confusing the efficient market hypothesis with the random walk hypothesis. Although i believe the overall price of bitcoin is a random walk, it is easy to see that the markets are not efficient at all.
[2016-02-25 18:58:13] sleger : the central bank
[2016-02-25 18:59:00] sleger : Tulip_stefan: well it might just be a wording misunderstanding, but if markets are inefficient then the price is not a random walk by definition
[2016-02-25 18:59:01] jung1 : I feel eth dump in the air
[2016-02-25 18:59:24] cryptostephen : eth dump and btc pump
[2016-02-25 18:59:53] Tulip_stefan : sleger: you could say that. I guess it's a matter of perspective.
[2016-02-25 19:00:38] justinlooking : jung1: further than 15-20% already ?
[2016-02-25 19:01:15] sleger : what you're saying is that the true underlying price is a random walk, but there are some short term inefficiencies in the markets (for example price on finex vs stamp not the same) so its possible to make money ? @Tulip_stefan
[2016-02-25 19:01:49] jung1 : 13 imo will be next floor
[2016-02-25 19:02:08] rapidtrades : there is no floor to that shitcoin
[2016-02-25 19:04:31] mrp1nk : rapidtrades: +1
[2016-02-25 19:04:34] zanza : rofl
[2016-02-25 19:06:42] jung1 : will see
[2016-02-25 19:06:53] Tulip_stefan : sleger: That's certainly a statement i can agree with. I'm sure that with your own bot's you've drawn the same conclusion. Although the price may or may not be a random walk, there is no absence of stupid people that introduce short term deficiencies.
[2016-02-25 19:06:56] habibi : jung1: typical bubble is typical
[2016-02-25 19:10:34] rapidtrades : Tulip_stefan: ''The random walk hypothesis is a financial theory stating that stock market prices evolve according to a random walk and thus cannot be predicted. It is consistent with the efficient-market hypothesis.''
[2016-02-25 19:10:58] rapidtrades : so just like with TA, you're using terms u don't understand
[2016-02-25 19:11:52] j8 : i just think a random walk is a terrible model for this market. do you have any evidence to validate it? @Tulip_stefan
[2016-02-25 19:12:43] rapidtrades : j8: I'm gonna go with NO...even his own algo is making money lol
[2016-02-25 19:13:17] Tulip_stefan : My 'evidence' is that i failed miserably when trying to predict the markets short-term. I don't believe it is impossible, but certainly beyond the knowledge of anyone in this chatroom.
[2016-02-25 19:13:56] sleger : huhhh
[2016-02-25 19:14:09] j8 : believe it or not, people make money following trends
[2016-02-25 19:14:14] Tulip_stefan : rapidtrades: my algorithms are my own. All algorithms i found in papers failed. Please don't make such assumptions.
[2016-02-25 19:14:36] habibi : Tulip_stefan: did u give sleger a limited copy of ur trader?
[2016-02-25 19:15:08] sleger : but you said your algo trades daily and goes all in long or short so you must be able to predict short term moves ? Otherwise it wouldnt be making money ? @Tulip_stefan
[2016-02-25 19:15:09] Tulip_stefan : no not yet. We've made up our mind, but was too busy typing a mail in the last few days.
[2016-02-25 19:15:34] rapidtrades : must've been some longass mail
[2016-02-25 19:15:42] habibi : sleger: how he can go typical short when he is not trading leverage at all on spots
[2016-02-25 19:15:46] sleger : cant tell, havent received it
[2016-02-25 19:15:57] j8 : it's easy enough to run some stats that show non-random behaviour
[2016-02-25 19:16:24] sleger : yep for instance take daily return and auto correlation with one day lag
[2016-02-25 19:16:43] sleger : if statistically non zero then that's some sggestion it isnt
[2016-02-25 19:16:43] Tulip_stefan : j8: the random walk hypothesis doesn't prohibit predictive behavior to happen, it just prohibits you to profit from it. See volatility clustering.
[2016-02-25 19:16:44] j8 : sleger: damn you beating me to say that
[2016-02-25 19:17:49] Tulip_stefan : Any yes, people may be making money from following trends. Those people must either drawing conclusions too quick, or are just plain better than me.
[2016-02-25 19:18:33] rapidtrades : I'm gonna go with door number two
[2016-02-25 19:18:37] Tulip_stefan : sleger: i will leave the working of my algorithm as an open question.
[2016-02-25 19:18:49] Tulip_stefan : a fine choice, i would say.
[2016-02-25 19:19:01] tscha : i think stefans quote "the random walk theory doesn't prohibit you from making profits" is correct. Even when markets follow a random walk, it is possible to make money as a market maker. It depends on several other factors (like liquidity and spread). However then, one could argue that with a large spread, the market (price) doesn't move like a random walk, but this would lead to the conclusion that no market on earth can technically follow a random walk since they all have bids/asks and therefore spreads
[2016-02-25 19:19:52] tscha : practically it's a different story, and I don't agree that markets follow a random walk, especially not bitcoin
[2016-02-25 19:20:08] rapidtrades : tscha: right, but his algo trades once per day, it's not MM or arbitrage
[2016-02-25 19:20:33] tscha : oh, havent read that. oops
[2016-02-25 19:20:49] habibi : and no shorting as well
[2016-02-25 19:20:50] rapidtrades : at least the one he was trying to sell here :)
[2016-02-25 19:20:54] tscha : Tulip_stefan: Didn't you say you were market making a few days ago?
[2016-02-25 19:20:58] Tulip_stefan : tscha: how about your own bots. Do you use market making, arb or predictive strategies? I'm willing to bet it isn't the last one.
[2016-02-25 19:20:59] sleger : Tulip_stefan: so yes / no ?
[2016-02-25 19:21:23] sleger : re the email
[2016-02-25 19:22:20] j8 : Tulip_stefan: if volatility clusters then the returns aren't independently distributed. isn't the whole model out the window? not being able to profit off it means it's appropriately priced, not randomly priced
[2016-02-25 19:22:31] Tulip_stefan : sleger: no, but I'll type a better response later. I don't like disappointing people without proper reasoning.
[2016-02-25 19:22:52] sleger : no worries
[2016-02-25 19:23:29] Tulip_stefan : j8: the random walk theory specify talks about the direction price changes. If the frequency of price changes is predictable, it's still a random walk in my book.
[2016-02-25 19:23:34] sleger : I think i know what you're doing and am already doing that somehow and its limited to how much money can actually be made so i dont think it would work well on larger scales
[2016-02-25 19:24:06] justinlooking : fight!
[2016-02-25 19:24:07] rapidtrades : sleger: even he doesn't know what he's doing lol
[2016-02-25 19:24:25] rapidtrades : remember his ''I lost 30% one day and still have no idea why''
[2016-02-25 19:24:41] Tulip_stefan : rapidtrades: that was using a predictive strategy.
[2016-02-25 19:24:59] Tulip_stefan : it's thanks to that day that i believe in the idea's behind the random walk.
[2016-02-25 19:25:13] rapidtrades : what day was it
[2016-02-25 19:25:21] rapidtrades : cos I bet I made money that day
[2016-02-25 19:27:23] Tulip_stefan : 24-08-15 and 25-08-15.
[2016-02-25 19:27:55] Tulip_stefan : it was on okcoin.cn. Have fun.
[2016-02-25 19:28:28] j8 : Tulip_stefan: does your random walk have slowly-varying mean and variance?
[2016-02-25 19:29:19] habibi : Tulip_stefan: ur bot sold at that dip?
[2016-02-25 19:29:20] rapidtrades : Tulip_stefan: was this a okc.cn specific event....like did smone happen that didn't have in the general market? cos looking at the chart, one was down day one was up day...both relatively small ranges
[2016-02-25 19:30:02] rapidtrades : ok around 10% each but only like $20
[2016-02-25 19:30:07] habibi : http://scr.hu/9xvi/5j9xl
[2016-02-25 19:30:38] rapidtrades : I don't understand how u lost 30% tbh...
[2016-02-25 19:31:20] Tulip_stefan : rapidtrades: i told you, i have no clue what happened that day. I looked at the market condictions and found no difference with the previous 20 profitable days.
[2016-02-25 19:31:45] rapidtrades : guess u timed it wrong twice,went long before 24th and then short when we reversed
[2016-02-25 19:31:48] habibi : he is asking u about specific trades ur bot did that day
[2016-02-25 19:32:39] Tulip_stefan : I traded so often the okcoin website wouldn't give my my full trading history.
[2016-02-25 19:33:05] Tulip_stefan : they only allow you to query the last 2000 trades in the last 7 days. Only when trades are older than 7 days you can query them all using a different api.
[2016-02-25 19:33:10] rapidtrades : but that would be the general idea right? long before 24th short at 25th
[2016-02-25 19:33:32] rapidtrades : cos if u trade with no leverage, that's the only way u could lose 30%
[2016-02-25 19:33:33] Tulip_stefan : I certainly didn't 'took the wrong timing' with that high frequency of trades.
[2016-02-25 19:33:37] habibi : rapidtrades: by short u mean sell with no leverage as well?
[2016-02-25 19:33:41] Tulip_stefan : spot only
[2016-02-25 19:34:01] tscha : Tulip_stefan: what random walk model did you implement in your bot?
[2016-02-25 19:34:16] rapidtrades : I have this
[2016-02-25 19:35:40] rapidtrades : 2015-08-28 16:00:21 BTC0925 Short Settlement 0 2.17961
[2016-02-25 19:35:41] Tulip_stefan : tscha: I don't have a random walk model implemented in my bot.
[2016-02-25 19:37:02] rapidtrades : and the week before
[2016-02-25 19:37:08] rapidtrades : 2015-08-21 16:00:21 BTC0925 Short Settlement 0 2.95177
[2016-02-25 19:37:47] rapidtrades : the last bit is profit in btc...so much for ur random walk
[2016-02-25 19:37:53] tscha : Tulip_stefan: are you mm or just taker? I remember you tried to let your bot marketmake a few days ago, correct me if I'm wrong
[2016-02-25 19:38:34] Tulip_stefan : tscha: my algo does many things. I'm not sure how to classify it.
[2016-02-25 19:38:47] tscha : so similar to skynet?
[2016-02-25 19:39:27] REKT : Liquidated short on `XBT24H`: Buy 200 @ 424.43
[2016-02-25 19:40:26] Tulip_stefan : destroy all huma.. errr. Maybe.
[2016-02-25 19:44:01] rapidtrades : an accident waiting to happen is one way to classify it
[2016-02-25 19:45:14] sleger : rapid hasnt been that funny since ... ever
[2016-02-25 19:45:35] Tulip_stefan : More profits for you. No?
[2016-02-25 19:46:18] rapidtrades : Sure hope so
[2016-02-25 19:46:40] rapidtrades : If I can't beat one shitty coder, I've wasted the last 10 yrs of my life
[2016-02-25 19:48:04] Tulip_stefan : shitty coder indeed. Did i tell you i rounded all prices to integers on one exchange and it took 16 months before i noticed? That sucked.
[2016-02-25 19:48:43] sleger : thats a good way to remove short term noise actually
[2016-02-25 19:48:49] rapidtrades : how did it ''suck'' didn't say u made the most money there
[2016-02-25 19:49:23] tscha : Tulip_stefan: pretty nice.. that definitely beats my "store orders as longs" story
[2016-02-25 19:50:29] sleger : I wish I had funny stories like you guys but I just dont do bugs unfortunately
[2016-02-25 19:51:01] tscha : you could probably code before you started trading :)
[2016-02-25 19:51:25] rapidtrades : they only area where programmers can beat traders is speed....MM, smaller arbitrage
[2016-02-25 19:51:26] sleger : yes
[2016-02-25 19:51:51] sleger : but i dont consider myself a coder
[2016-02-25 19:52:05] rapidtrades : u have to have at least some trading experience to know what to look for, how to test etc
[2016-02-25 19:52:19] Tulip_stefan : rapidtrades: i went from $1800 to $7000 there in that time period. Or 4 bitcoin to 16 bitcoin if you prefer to measure it that way. Not my best account, but one of my better ones.
[2016-02-25 19:53:19] rapidtrades : Tulip_stefan: was it a smaller exchange or one of the big ones
[2016-02-25 19:56:02] tscha : Tulip_stefan: how long was that time period?
[2016-02-25 19:56:24] cryptostephen : China bots turned on
[2016-02-25 19:56:35] Tulip_stefan : sept 14' to now.
[2016-02-25 19:57:52] Tulip_stefan : on top of my head it's probably the 10th biggest non china exchange, but i haven't seen much correlation between the volume on the exchange and the profits except that backtesting is much more accurate on big volume exchanges.
[2016-02-25 19:58:38] Tulip_stefan : It's harder to pick parameters right on exchanges that have only one trade every 3 minutes or so.
[2016-02-25 19:59:07] sleger : if you trade once a day your backtest should match prod almost 100%
[2016-02-25 19:59:47] cryptostephen : new highs china woohoo
[2016-02-25 19:59:49] cryptostephen : squeezeee
[2016-02-25 20:03:32] rapidtrades : sleger: he's talking about his MM bots
[2016-02-25 20:03:50] rapidtrades : cryptostephen: compared to what
[2016-02-25 20:04:47] REKT : Liquidated short on `XBT24H`: Buy 253 @ 425.45
[2016-02-25 20:33:12] Tulip_stefan : sleger: I'm not so sure. Sometimes i see big differences between backtests and reality. I was supposed to make huge profits on hitbtc according to my backtester, but it didn't really work out and i only made like 1.5x over a few months. But i recently fixed a bug in my algorithm that made it less accurate on low volume exchanges.
[2016-02-25 20:35:04] Tulip_stefan : When i went to change my backtester, i actually discovered that my backtester contained a bug that does exactly the optimization that prevents the bug from happening.
[2016-02-25 20:38:36] Tulip_stefan : Only because i took some shortcuts to make backtesting faster.
[2016-02-25 20:39:33] cryptostephen : BitMex, i do like ur new UI
[2016-02-25 20:39:41] cryptostephen : just give us the info to the insurance fund
[2016-02-25 20:39:42] cryptostephen : lol
[2016-02-25 20:41:21] mrp1nk : hehe
[2016-02-25 20:47:30] mrp1nk : i read that bitmex was discussing to remove the trollbox. lol what?
[2016-02-25 20:48:14] mrp1nk : imo we are having some really nice hq discussion here. so plz don't do that
[2016-02-25 20:48:35] mrp1nk : *discussions
[2016-02-25 20:48:39] BTCDJS : So on the night I decide not to trade there's talk about a pump on Twitter and the chart looks positive. Wtf
[2016-02-25 20:48:51] mrp1nk : sauce?
[2016-02-25 20:49:24] sleger : ketchup ?
[2016-02-25 20:49:55] mrp1nk : you know what i mean
[2016-02-25 20:50:20] mrp1nk : BTCDJS: link?
[2016-02-25 20:51:06] BTCDJS : https://twitter.com/thehalvening/status/702892196828065796
[2016-02-25 20:52:04] mrp1nk : fomo!
[2016-02-25 20:53:26] BTCDJS : I can't find the other link I had clicked on from notifications
[2016-02-25 20:56:26] BTCDJS : In other news Japan is making Bitcoin legal tender
[2016-02-25 20:57:03] mrp1nk : i saw that too
[2016-02-25 20:57:05] BTCDJS : https://twitter.com/melt_dem/status/702741682786279424
[2016-02-25 20:58:32] mrp1nk : wrong link?
[2016-02-25 20:59:06] mrp1nk : you mean http://asia.nikkei.com/Politics-Economy/Policy-Politics/Japan-eyes-treating-bitcoins-the-same-as-real-money ?
[2016-02-25 20:59:07] BTCDJS : Nah that one was just interesting
[2016-02-25 21:01:25] BTCDJS : Will Bitcoin price raising hinder my profits in REP upon launch?
[2016-02-25 21:02:31] BTCDJS : Meaning I plan to convert REP to BTC on the first spike
[2016-02-25 21:07:33] mrp1nk : cryptostephen: .
[2016-02-25 21:07:49] BTCDJS : Sledge: do you know the answer?
[2016-02-25 21:08:33] BTCDJS : sledge:?
[2016-02-25 21:09:17] sleger : try again ?
[2016-02-25 21:09:50] BTCDJS : sleger:
[2016-02-25 21:10:04] sleger : Rest In Peace
[2016-02-25 21:10:05] BTCDJS : ?
[2016-02-25 21:10:58] mrp1nk : ask cryptostephen. i think he knows
[2016-02-25 21:11:08] BTCDJS : Howay fella. Impart some of you wisdom.
[2016-02-25 21:12:34] sleger : the answer is in your question
[2016-02-25 21:14:17] BTCDJS : So basically the price raising in Bitcoin couldn't make the REP price rise? People will be buying REP with Bitcoin after launch
[2016-02-25 21:16:16] sleger : noone will buy rep, nobody has heard of it
[2016-02-25 21:20:23] habibi : every single coin after eth build on it or clone with "new great features" will get pumped for sure, until there will be on that won't get pump
[2016-02-25 21:20:48] habibi : but yea hype on rep is pretty big so dont worry about ur invesment just wait until it pumps
[2016-02-25 21:21:13] j8 : bitcoin going up would probably be good for all crypto, in usd terms anyway. hard to speculate on how it would affect the ratio to btc
[2016-02-25 21:21:53] cryptostephen : whats up? someone have a question?
[2016-02-25 21:22:37] habibi : any bigger move on btc will make altcoins markets red, much more then btc % upside move :)
[2016-02-25 21:22:48] habibi : it repeats every single time
[2016-02-25 21:23:24] BTCDJS : I hope it launches and pumps quicker than BTC
[2016-02-25 21:23:57] BTCDJS : Joey krug reckons augur will launch in a few days
[2016-02-25 21:24:44] BTCDJS : cryptostephen: your. Thoughts on Rep mate?
[2016-02-25 21:25:03] BTCDJS : There's only 11m
[2016-02-25 21:25:09] mrp1nk : cryptostephen: your shitcoin expertise is required (no offense)
[2016-02-25 21:25:36] BTCDJS : it's already valued at 3.75 ish
[2016-02-25 21:26:42] cryptostephen : i wish i bought the ICO for Auger actually. i'm sure as hell not buying it on Gatecoin for 0.01/btc there is no value in that
[2016-02-25 21:27:15] cryptostephen : your best bet is to catch dumps when it hits exchanges. that isn't my specialty though, catching dumps of coins that have yet to make bottoms. it could just keep dumping.... or it could hold at a high price like Decred. u just don't know
[2016-02-25 21:27:28] BTCDJS : Currently it's got a 0.09 exchange rate with BTC
[2016-02-25 21:27:39] j8 : habibi: nov 2013 altcoins had massive pumps alongside btc
[2016-02-25 21:27:58] cryptostephen : but i am going to try to catch some dumps when it hits Bittrex probably. personally, i like buying coins that have been distributed and have relatively flat market structure. but i still played Decred when it hit exchanges and ill probably do the same for Auger
[2016-02-25 21:28:00] BTCDJS : I bought at crowd sale mate. Just waiting for launch
[2016-02-25 21:28:03] cryptostephen : i met Joey Krug in SF one time IRL
[2016-02-25 21:28:15] cryptostephen : they were telling me about Auger and i thought it was all smoke and mirrors
[2016-02-25 21:28:23] habibi : j8: yep, after first btc pump
[2016-02-25 21:30:02] BTCDJS : I'm hoping it pumps all the way to 0.13 at least
[2016-02-25 21:30:52] habibi : how many augur there will be? and whats the inflation?
[2016-02-25 21:31:01] BTCDJS : Sorry that's 0.013
[2016-02-25 21:31:12] BTCDJS : 11m
[2016-02-25 21:31:39] BTCDJS : It's not meant to be a currency
[2016-02-25 21:31:55] habibi : it all depends on distribution anyway, look at eth - 70 milion coins and maybe 5-7milions were only traded during that last one bubble
[2016-02-25 21:31:57] Tulip_stefan : It's meant to be a ... what?
[2016-02-25 21:32:01] BTCDJS : its only for speculation and will be on exchanges
[2016-02-25 21:32:28] Tulip_stefan : Could you fill me in on the augur stuff?
[2016-02-25 21:32:42] BTCDJS : Market making and speculation on augur
[2016-02-25 21:32:55] BTCDJS : im on iPhone typing is shit
[2016-02-25 21:34:08] BTCDJS : Augur.net
[2016-02-25 21:34:38] habibi : Tulip_stefan: https://app.augur.net/
[2016-02-25 21:34:49] BTCDJS : Decentralised market prediction platform
[2016-02-25 21:35:04] BTCDJS : Built on Ethereum
[2016-02-25 21:35:42] BTCDJS : habibi: did you buy rep at crowd sale?
[2016-02-25 21:36:09] habibi : nop, i dont like ico/ipo/crowsale/whatever
[2016-02-25 21:37:10] BTCDJS : Well during ether crowd sale if you spent 4btc you would've got 30+BTC return
[2016-02-25 21:38:55] cryptostephen : damn
[2016-02-25 21:38:59] cryptostephen : good ROI
[2016-02-25 21:39:03] cryptostephen : longest bagholders
[2016-02-25 21:39:31] BTCDJS : yeah that was only the first pump. imagine if you held it till this pump
[2016-02-25 21:39:48] BTCDJS : it was only 2,50 back then
[2016-02-25 21:40:00] BTCDJS : now it was 6.70
[2016-02-25 21:40:03] rapidtrades : it will be 2.5 again
[2016-02-25 21:40:22] thehawthorne : Imagination makes people buy something worthless
[2016-02-25 21:40:38] Tulip_stefan : BTCDJS: That makes me wonder. What's the average return like if you invested in all halfway promisable IPO's ?
[2016-02-25 21:40:50] rapidtrades : lol
[2016-02-25 21:41:06] Tulip_stefan : i'm sure most of them never went past the dump phase.
[2016-02-25 21:41:15] habibi : Tulip_stefan: 99% IPOs in crypto are loss/total loss/not even delivered product
[2016-02-25 21:41:16] BTCDJS : thehawthorne: good point but there are a lot of people are excited about augur
[2016-02-25 21:41:32] rapidtrades : habibi: that's true for the stock market as well
[2016-02-25 21:41:39] rapidtrades : prolly 80-90%
[2016-02-25 21:41:46] habibi : and the best thing about ipo is u can buy shitloads of coins by urself for free
[2016-02-25 21:41:51] thehawthorne : and that is why it will not act as predicted
[2016-02-25 21:41:53] habibi : if u are creator
[2016-02-25 21:41:57] Tulip_stefan : habibi: yeah that's what i thought too.
[2016-02-25 21:42:44] BTCDJS : i think all 11m coins were distributed to buyers at crowdsale
[2016-02-25 21:42:51] habibi : so u making impression that huge volume - people buying, so more people will buy, and u sell these coins for 100% value of ico one as well coz u are the one who can afford to sell at the start without problems
[2016-02-25 21:43:02] rapidtrades : what's clef....is it better security then google ath
[2016-02-25 21:43:24] Tulip_stefan : i actually calculated the 1-year returns from the top 10 a month ago. If you invested $1k in all of the top-10 alts then you would've performed worse than buy&hold BTC.
[2016-02-25 21:43:34] BTCDJS : rapidtrades: dude clef is fucking awesome. its so much quicker and very secure
[2016-02-25 21:43:50] Tulip_stefan : and that was a week after the ridiculous doge pump.
[2016-02-25 21:45:24] BTCDJS : and you don't have to create a username and password. any site with clef you can just enter.
[2016-02-25 21:45:25] habibi : Tulip_stefan: u making one very wrong assumption
[2016-02-25 21:45:39] BTCDJS : @rapidtrades
[2016-02-25 21:45:50] habibi : u buy altcoins to hold 1hour to max 1-3 months in very little cases
[2016-02-25 21:45:54] habibi : not 1 year at all
[2016-02-25 21:46:23] habibi : only people that dreaming about getting milionaires by repeating btc success are doing that long holds
[2016-02-25 21:46:42] habibi : which is pretty nice % of buyers anyway :D
[2016-02-25 21:48:42] rapidtrades : anyone else using clef
[2016-02-25 21:48:58] rapidtrades : if i lose my phone im f*cked right
[2016-02-25 21:49:09] thehawthorne : wtf is clef
[2016-02-25 21:49:16] thehawthorne : sounds like a dog on meth
[2016-02-25 21:49:19] rapidtrades : some faggy app
[2016-02-25 21:49:41] thehawthorne : auth app?
[2016-02-25 21:49:51] rapidtrades : looks like it, finex has it
[2016-02-25 21:50:07] thehawthorne : mhm.. haven't heard about it yet
[2016-02-25 21:50:14] BTCDJS : i got a new phone and forgot to switch my clef over before i got rid of it. but i found a way to move it to my new phone. I just can't remember exactly how i did it. @rapidtrades
[2016-02-25 21:50:37] rapidtrades : well that doesn't sound very secure
[2016-02-25 21:51:10] BTCDJS : rapidtrades: you have the password and shit. leave it alone mate its not for you
[2016-02-25 21:51:13] habibi : anyway spoke with Sam one day about clef, he wasnt too positive about that 2fa option
[2016-02-25 21:51:38] thehawthorne : CLEF CLEF
[2016-02-25 21:51:47] rapidtrades : yeah seems to be more of a convenience thing? anyone else used it?
[2016-02-25 21:52:00] habibi : i am buying this usb device, forgot name
[2016-02-25 21:53:12] BTCDJS : i only use it on augur and finex. never seen it on any other sites @rapidtrades
[2016-02-25 21:53:28] rapidtrades : augur? how's that
[2016-02-25 21:53:44] BTCDJS : ?
[2016-02-25 21:53:58] rapidtrades : never traded there
[2016-02-25 21:54:15] BTCDJS : Augur is not an exchange
[2016-02-25 21:54:27] rapidtrades : ah lol
[2016-02-25 21:55:13] rapidtrades : dam it's a lot harder to rollover my loans on finex...are ppl preparing to moon
[2016-02-25 21:55:31] rapidtrades : i did some at 0.023 yday
[2016-02-25 21:59:36] j8 : i think sam's issue with clef was that it depends on clef's servers
[2016-02-25 21:59:42] rapidtrades : who's bullish/bearish
[2016-02-25 21:59:51] thehawthorne : bull
[2016-02-25 22:00:02] habibi : he wasnt convinced to clef's team overall
[2016-02-25 22:00:35] habibi : not in position but bear, like some doom is coming to town
[2016-02-25 22:00:45] rapidtrades : dam
[2016-02-25 22:00:51] thehawthorne : huehuehue
[2016-02-25 22:01:33] mrp1nk : rapidtrades: bull
[2016-02-25 22:02:34] rapidtrades : yeah this chat is always bullish, dunno why i ask
[2016-02-25 22:02:44] mrp1nk : nah
[2016-02-25 22:02:56] rapidtrades : although 2/1 isn't as bullish as before
[2016-02-25 22:03:49] rapidtrades : it's unlikely we'll stabilize here...either up or down
[2016-02-25 22:04:10] rapidtrades : prolly up
[2016-02-25 22:05:37] mrp1nk : on the other side 2morrow is woodchipper settlement. don't know if price goes up before or dumps.
[2016-02-25 22:05:38] rapidtrades : last two days have been bullshit...no moves, no arbs, nothing
[2016-02-25 22:05:53] rapidtrades : mrp1nk: well it moves, that's for sure
[2016-02-25 22:06:01] mrp1nk : yea
[2016-02-25 22:06:20] rapidtrades : so we'll prolly break the deadlock in the new few hours
[2016-02-25 22:06:33] j8 : i don't really see it breaking up anytime soon
[2016-02-25 22:06:42] rapidtrades : oh it's gonna
[2016-02-25 22:07:16] mrp1nk : i bet up in the next 24 h
[2016-02-25 22:07:42] rapidtrades : up it's slightly more likely given the trend...but things look at lot worse then they did at 445 :)
[2016-02-25 22:08:41] j8 : by breaking up i mean 450+ and by soon i mean within a week
[2016-02-25 22:09:05] rapidtrades : oh we have to break it within a week imo..it's down if we don't
[2016-02-25 22:09:22] BTCDJS : I'm long M16 and small long 48H from 419
[2016-02-25 22:09:30] j8 : thats why i think the risk reward is better on a short
[2016-02-25 22:09:46] rapidtrades : guess we'll see :)
[2016-02-25 22:10:05] mrp1nk : ibankbitcoins is shorting
[2016-02-25 22:10:09] j8 : yeah, just guessing, i'm not even short just hedged
[2016-02-25 22:10:29] rapidtrades : mrp1nk: how's he doing lately? he was on a losing streak
[2016-02-25 22:10:43] rapidtrades : he shorted the nov rally lol
[2016-02-25 22:12:10] mrp1nk : hehe yeah
[2016-02-25 22:12:12] mrp1nk : http://ibankbitcoins.com/bitcoin-trade-performance
[2016-02-25 22:12:57] Tulip_stefan : he forgot to mention that he went bankrupt twice before that.
[2016-02-25 22:13:13] rapidtrades : that's part of learning
[2016-02-25 22:13:19] mrp1nk : before recording he's trades?
[2016-02-25 22:13:19] BTCDJS : mrp1nk: according to that he is long not short
[2016-02-25 22:13:31] rapidtrades : niceee....i like that guy
[2016-02-25 22:13:43] mrp1nk : https://twitter.com/ibankbitcoins/status/702711330755706880
[2016-02-25 22:14:08] mrp1nk : BTCDJS: this site shows only finished trades
[2016-02-25 22:14:20] mrp1nk : *that
[2016-02-25 22:14:29] BTCDJS : ah right
[2016-02-25 22:15:55] rapidtrades : although tbf, he can have weird ideas smtimes
[2016-02-25 22:18:12] rapidtrades : 167% cumulative performance is not that great for the past 1.5 yrs in bitcoin
[2016-02-25 22:18:13] tscha : f2pool under ddos attack after they said they will allow their miners to vote for classic
[2016-02-25 22:18:30] rapidtrades : NOONE CARES
[2016-02-25 22:18:44] rapidtrades : anyone involved in this debate should get DDOSed
[2016-02-25 22:19:20] rapidtrades : 167% with some losing trades of 8-9% is even less good
[2016-02-25 22:20:30] rapidtrades : he's flat since mar 05
[2016-02-25 22:20:40] rapidtrades : i mean breakeven
[2016-02-25 22:21:03] tscha : Everyone cares when the largest pool gets ddosed for a political decision
[2016-02-25 22:21:09] tscha : except you because you dont understand how bitcoin works
[2016-02-25 22:21:25] rapidtrades : i don't see anyone caring
[2016-02-25 22:21:55] Tulip_stefan : fuck american date formats on his site.
[2016-02-25 22:27:44] mrp1nk : hehe ya, i'm always wondering about the american date format. day in the middle?! why?
[2016-02-25 22:28:33] rapidtrades : yeah date month
[2016-02-25 22:28:37] rapidtrades : makes perfect sense
[2016-02-25 22:30:27] mrp1nk : you mean year-day-month
[2016-02-25 22:31:20] Tulip_stefan : it's actually month-day-year on his site.
[2016-02-25 22:32:17] rapidtrades : that's the usual format i think
[2016-02-25 22:32:22] j8 : should be year-month-day, and metric
[2016-02-25 22:32:24] mrp1nk : year-day-month or month-day-year look both weird in my european eyes
[2016-02-25 22:32:57] Tulip_stefan : I prefer year-month-date because it's the only format that sorts cleanly.
[2016-02-25 22:33:52] rapidtrades : QQ moar date faggots
[2016-02-25 22:34:18] tscha : having date in the middle is just stupid
[2016-02-25 22:34:37] mrp1nk : tscha: <- this guy got it
[2016-02-25 22:34:57] rapidtrades : yeah it's pretty stupid...been trading options lately and the format keeps confusing me
[2016-02-25 22:35:10] Tulip_stefan : QQ moar date faggot
[2016-02-25 22:36:01] rapidtrades : :)
[2016-02-25 22:36:18] tscha : its like having hours:seconds:minutes
[2016-02-25 22:36:21] tscha : totally idiotic
[2016-02-25 22:41:04] rapidtrades : is the margin funding page on finex glitchy? i constantly have to refresh to see the changes
[2016-02-25 22:44:56] j8 : it doesn't update by websocket like the trading page
[2016-02-25 22:45:37] j8 : it updates occasionally, yeah its annoying
[2016-02-25 22:49:11] rapidtrades : f finex
[2016-02-25 22:49:26] rapidtrades : with their laggy trading page and stale funding page
[2016-02-25 22:50:09] rapidtrades : they finally added that throttled button....after their shitty coding lagged the trading page to death
[2016-02-25 22:50:49] rapidtrades : worked fine before the update...just like bitmex
[2016-02-25 23:16:18] habibi : what are these bold black orders on white ui on recent trades?
[2016-02-25 23:16:58] habibi : anyway bold ones, on black as well
[2016-02-25 23:18:13] Tulip_stefan : I only see 1 bold order which is the most recent order
[2016-02-25 23:18:40] Tulip_stefan : they simply bold the last trade i guess?
[2016-02-25 23:18:58] habibi : ah right
[2016-02-25 23:21:33] mrp1nk : moon please
[2016-02-25 23:21:52] gustavo7 : is ETH dead?
[2016-02-25 23:30:28] mrp1nk : define dead
[2016-02-25 23:34:44] XBT_IHCT : is there any bitmex staff here atm?
[2016-02-25 23:38:03] gustavo7 : mrp1nk: 1 hour no trades
[2016-02-25 23:39:52] gustavo7 : knock knock
[2016-02-25 23:40:08] XBT_IHCT : I would like to know if there is a way for you to enable the realised pnl (big loss) on this account to persist beyond settlement tomorrow? This is on the eth 7 day instrument by the way. thank you.
[2016-02-25 23:41:31] gustavo7 : XBT_IHCT: you can look up the value in your wallet?
[2016-02-25 23:42:02] gustavo7 : "Transaction History"
[2016-02-25 23:42:31] mrp1nk : thats because eth itself didn't move much
[2016-02-25 23:43:05] gustavo7 : yeah it's a pretty nice triangle on poloniex
[2016-02-25 23:43:53] gustavo7 : breakout right now, good i closed my little short anyway
[2016-02-25 23:44:21] mrp1nk : just saw it too
[2016-02-25 23:45:03] tscha : XBT_IHCT: you mean the **un**realised pnl right? if you closed your position, the loss should be realized
[2016-02-25 23:46:28] XBT_IHCT : brb
[2016-02-26 00:04:30] XBT_IHCT : tscha: sorry i had food
[2016-02-26 00:04:51] XBT_IHCT : tscha: to answer you, no
[2016-02-26 00:06:15] XBT_IHCT : i mean the "Realised PNL" after you have closed your position
[2016-02-26 00:08:34] BitMEX_Wally : XBT_IHCT: At settlement all PNL becomes Realised PNL, and is subject to DPE (if any), then it is moved to your Wallet
[2016-02-26 00:08:38] tscha : in your position tab? why would you want to take that beyond settlement?
[2016-02-26 00:09:18] BitMEX_Wally : You will see a `CashSettlement` transaction in your wallet history for `ETH7D` with the amount of your PNL
[2016-02-26 00:09:23] XBT_IHCT : when you have made a large loss, your account is in a temporary state of what I think of as "recovery mode" where new profits you take on the same instrument will replenish your lost account balance right away rather than go into withheld profits. however after the instrument settles your opportunity to "recover" so to speak is also expired.
[2016-02-26 00:10:58] BitMEX_Wally : I see what you mean.
[2016-02-26 00:11:36] BitMEX_Wally : We unlock 50% of Realised PNL (so it is no longer withheld) every 8 hours or so
[2016-02-26 00:11:57] BitMEX_Wally : We are working on communicating this more clearly
[2016-02-26 00:12:22] XBT_IHCT : so my question was simply if there is any way to enable that "state" to persist beyond settlement tomorrow
[2016-02-26 00:12:33] BitMEX_Wally : XBT_IHCT: The simple answer is no
[2016-02-26 00:19:24] XBT_IHCT : that's a real shame
[2016-02-26 00:19:28] REKT : Liquidated long on `XBT24H`: Sell 11 @ 423.08
[2016-02-26 00:20:38] REKT : Liquidated long on `XBT24H`: Sell 455 @ 422.41
[2016-02-26 00:20:43] XBT_IHCT : it would be a very nice idea to enable that by default, so that traders who make a contribution of equity to the system, via loss, have a better chance to recover that loss.
[2016-02-26 00:21:35] habibi : thats not working like that. for ur loss there is profit
[2016-02-26 00:22:27] XBT_IHCT : habibi: not so - look at the math and think about it
[2016-02-26 00:24:00] XBT_IHCT : what i mean by that is it could be but it is not necessarily so that's all
[2016-02-26 00:24:43] tscha : XBT_IHCT: The system would be flawed if they allowed that. You made a loss now, but someone else a profit. They withdraw the profit tomorrow at 12:00 UTC. Imagine you could take your loss beyond settlement date and make a profit tomorrow (after settlement) because the market had a HUGE drop (many liquidations = dpe) so that you are net-even . Then your funds are not subject to dpe (although they should be).
[2016-02-26 00:26:11] habibi : so only option is to make some inside deals between users that want to hold position, both, u with loss and someone with profit on equal position.
[2016-02-26 00:26:14] habibi : imo*
[2016-02-26 00:30:02] tscha : So the person with profit would charge a fee to take that deal. That would essentially be lending your money for a determined fee. The risk this person takes is possible DPE in the next trading period. Don't think there is a market for that though.
[2016-02-26 00:33:22] j8 : bitmex DPE swaps
[2016-02-26 00:35:04] XBT_IHCT : what if your entry price is lower than the price you sell at to me, but I then sell back to you for a higher amount again... where is the profit coming from if we both take profit?
[2016-02-26 00:36:04] XBT_IHCT : or another way of thinking of it is simply the reverse of a dpe even equation
[2016-02-26 00:39:00] j8 : don't understand what you're saying at all
[2016-02-26 00:40:08] REKT : Liquidated long on `XBT24H`: Sell 60 @ 421.54
[2016-02-26 00:40:33] XBT_IHCT : maybe i don'y get it but it seems to me like your profit or loss is a function of your price delta, nothing else but that's dynamic
[2016-02-26 00:41:43] XBT_IHCT : also
[2016-02-26 00:41:49] j8 : XBT_IHCT: yes but that's your profit on paper, you don't know until the end of the week if there will be dpe on that
[2016-02-26 00:42:18] habibi : for every profit there is loss
[2016-02-26 00:42:20] habibi : zero sum game
[2016-02-26 00:42:23] habibi : - fees :D
[2016-02-26 00:42:29] habibi : minus fees* :)
[2016-02-26 00:42:59] j8 : if you could carry your loss without settling it, someone else wouldn't be able to withdraw their profit, otherwise it's possible there wouldn't be enough equity in the system
[2016-02-26 00:45:43] gustavo7 : well said
[2016-02-26 00:50:21] XBT_IHCT : well I must have made a mistake that's all...
[2016-02-26 00:50:33] XBT_IHCT : too bad
[2016-02-26 00:52:01] zanza : https://www.reddit.com/r/Android/comments/47ij8k/the_xiaomi_mi_5_supports_24_lte_bands_compatible/
[2016-02-26 00:52:13] zanza : IPhone/Samsung killer
[2016-02-26 01:04:58] habibi : not that much, xiaomi has tons of bugs in software and as more they are keeping out patches/updates the more new bugs happens
[2016-02-26 01:05:33] habibi : so its not about nice hardware/great battery.. but about good software/ optimized os, thats why apple took that big success
[2016-02-26 01:05:59] zanza : it has the same CPU as Galaxy S7, but the price is starting at like 220 EUR
[2016-02-26 01:06:08] zanza : comes with Marshmallow Android 6.0
[2016-02-26 01:06:48] zanza : Xiami has a lot of custom ROM development also if you like Cyanogen
[2016-02-26 01:07:28] zanza : Galaxy S7 will be like 700 EUR starting
[2016-02-26 01:07:56] zanza : what do you have now habibi?
[2016-02-26 01:18:48] REKT : Liquidated long on `XBT24H`: Sell 2990 @ 420.05
[2016-02-26 01:20:21] habibi : lg g3, but lookin for a good device from china friends
[2016-02-26 01:20:39] habibi : wondering about xiaomi/letv and some others
[2016-02-26 01:47:27] rapidtrades : apparently selling the dollar is the new thing right now
[2016-02-26 01:47:56] rapidtrades : cos the Fed will set negative interest rates at full employment
[2016-02-26 01:48:28] habibi : anyway deflation=increase on value of dollar?
[2016-02-26 01:51:45] rapidtrades : there is no deflation in US
[2016-02-26 01:52:39] rapidtrades : usually deflation tends to weaken a currency because the central bank is less likely to hike rates or may cut them instead
[2016-02-26 01:52:59] habibi : yea but negative rates dont leads to deflation?
[2016-02-26 01:53:59] rapidtrades : no, in theory negative rates should spur lending and this increase money in circulation>more inflation
[2016-02-26 01:54:41] rapidtrades : in practice, neg rates or QE have failed to spur meaningful inflation
[2016-02-26 02:02:54] habibi : seems logical and right:)
[2016-02-26 02:04:34] rapidtrades : that was prolly the low of the day down there at 418.50
[2016-02-26 02:05:07] j8 : the old thursday shakeout
[2016-02-26 02:06:28] rapidtrades : okc settlement in 6 hrs....bound to have some action
[2016-02-26 02:29:02] cryptostephen : u gys liquidated me lol
[2016-02-26 02:29:11] cryptostephen : such chop
[2016-02-26 03:45:51] viptrader : ETH should dump really hard soon
[2016-02-26 03:46:51] adlai : testing testing does this troll on
[2016-02-26 03:47:27] adlai : /topic needs updating!
[2016-02-26 03:47:39] adlai : so which is the better trollbox - onsite or here?
[2016-02-26 03:47:51] habibi : viptrader: u know u are reverse indicator here already?
[2016-02-26 03:48:19] habibi : so as i have short on eth i started to worried when u said that
[2016-02-26 03:48:26] adlai : ahahahaha they're connected. amazing.
[2016-02-26 03:48:47] viptrader : habibi: im not short since 0.0154
[2016-02-26 03:48:49] viptrader : whatever bro
[2016-02-26 03:50:10] viptrader : i would say dump ur ETH before its too late
[2016-02-26 03:50:19] viptrader : this time we are going very fast down
[2016-02-26 03:51:28] habibi : i dont have any. thanks for care
[2016-02-26 04:58:39] zanza : habibi: try the new Xiami Mi 5, since it supports international LTE bands its compatible outside China
[2016-02-26 04:59:08] zanza : also, its fairly inexpensive for 2016 level smartphone
[2016-02-26 05:03:18] viptrader : Eth massive dumped
[2016-02-26 05:03:20] viptrader : started
[2016-02-26 05:03:25] viptrader : down to 0.011
[2016-02-26 05:04:32] viptrader : dump that shit
[2016-02-26 05:10:51] zanza : Eth is pure bubble imo
[2016-02-26 06:25:01] greensonic_04 : hi how to closed order here cant see any botton?
[2016-02-26 06:29:54] BitMEX_Wally : greensonic_04: If you are long then sell
[2016-02-26 06:31:21] BitMEX_Wally : Or you can select "Close Market" from the order drop down
[2016-02-26 06:47:22] greensonic_04 : cant see market closed huhuhu
[2016-02-26 06:58:59] BitMEX_Wally : greensonic_04: what options do you see in the "Place [xxx] Order" drop down?
[2016-02-26 07:44:03] BitMEX_Arthur : It settled at 8821.18 check the settlements page
[2016-02-26 07:44:13] BitMEX_Arthur : https://www.bitmex.com/app/settlementHistory
[2016-02-26 07:48:38] chromaticcr : oh.. rounding on trade histroy page. Value is correct, thx
[2016-02-26 07:53:03] REKT : Liquidated short on `XBT24H`: Buy 304 @ 425.62
[2016-02-26 07:53:33] REKT : Liquidated short on `XBT48H`: Buy 700 @ 425.65
[2016-02-26 08:03:33] REKT : Liquidated short on `XBT24H`: Buy 48 @ 426.85
[2016-02-26 08:14:09] rapidtrades : morning fellas
[2016-02-26 08:20:25] rapidtrades : I like this mini-pump
[2016-02-26 08:23:04] rapidtrades : march now at only $14 premium
[2016-02-26 08:25:43] rapidtrades : interesting that the premium got squeezed by spot rallying and not so much by time decay
[2016-02-26 10:31:22] habibi : zanza: other version supports lte bands that are provided in poland so no problem for me
[2016-02-26 10:53:21] habibi : BitMEX_Wally: mark price stucked for eth
[2016-02-26 11:02:09] Tulip_stefan : if you think that then you're missing the point of the mark price i think. When exactly did the mark price suck?
[2016-02-26 11:03:48] habibi : thank u for ur cooperation Tulip_stefan
[2016-02-26 11:03:58] habibi : but mark price on eth7 is taken from spot price from poloniex
[2016-02-26 11:04:12] habibi : and if its not before 30 minutes to settlement it should be exacly the same as polo price
[2016-02-26 11:05:33] Tulip_stefan : the mark price is not used in the settlement. The mark price is only used to calculate when to margin call someone.
[2016-02-26 11:06:05] habibi : ofc! but what if mark price = settlement price all the time?
[2016-02-26 11:06:47] Tulip_stefan : then you'll get liquidated when some idiot places a large market order on polo creating a flash crash.
[2016-02-26 11:06:56] habibi : ok its 2hour swap, so 2 hour before settlement its locked in, strange that mark price is also locked in
[2016-02-26 11:07:41] Tulip_stefan : i'd just ignore the mark price inless you're close to getting margin called.
[2016-02-26 11:09:01] habibi : Tulip_stefan: not really, they dont catch dips like price hit yesterday to 0.01145 and it wasnt even noticed here, price need to stay for few seconds or sth to be noticed by bitmex
[2016-02-26 11:10:21] Tulip_stefan : that does not matter unless you're close to getting margin called. The mark price follows the trades on bitmex, not on polo afaik.
[2016-02-26 11:10:39] habibi : normally yes, not on eth contracts
[2016-02-26 11:11:02] habibi : look after settlement on eth and compare polo price to mark
[2016-02-26 11:15:28] Tulip_stefan : afaik that's exactly how it's supposed to work. I'm still confused why anyone with proper risk management would care about mark price.
[2016-02-26 11:16:17] habibi : i only care coz its same as settlement price. so wanted to know why it wasnt moving, didnt notice its 2h period,not 30m