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

<<  >>  English  中文  Русский  한국어  日本語  Español  Français 
[2015-06-23 20:29:47] wjschafer : looking at the current order book?
[2015-06-23 20:30:07] BitMEX_Sam : Well, right now there would be a bit of a liquidity problem, but we have mms that can do blocks if needed
[2015-06-23 20:30:15] wjschafer : i want to be protected if it goes below 244.65
[2015-06-23 20:30:30] wjschafer : right
[2015-06-23 20:30:34] wjschafer : so i
[2015-06-23 20:30:35] BitMEX_Sam : Right. You would want to sell at as close to spot as possible
[2015-06-23 20:31:01] wjschafer : well let's say i wanted to take somethign off the order book
[2015-06-23 20:31:13] wjschafer : what would be my next best option to spot
[2015-06-23 20:31:30] wjschafer : the 245.03?
[2015-06-23 20:31:41] BitMEX_Sam : You're looking at XBUM15?
[2015-06-23 20:31:42] wjschafer : sell 25 at that?
[2015-06-23 20:31:47] wjschafer : yeah
[2015-06-23 20:32:03] BitMEX_Sam : You could place an order there, but it wouldn't execute until someone took it
[2015-06-23 20:32:13] BitMEX_Sam : If you wanted to execute against the book you want to look at the left side
[2015-06-23 20:32:20] wjschafer : ok i guess i realyl don't know how this works
[2015-06-23 20:32:39] wjschafer : how do i know what's open?
[2015-06-23 20:32:41] BitMEX_Sam : Those are the existing buy orders; so if you want immediate execution you would sell against them, but it can be costly to cross the spread
[2015-06-23 20:32:45] BitMEX_Sam : What's in the book is open.
[2015-06-23 20:33:04] wjschafer : i see
[2015-06-23 20:33:08] BitMEX_Sam : You can try it out on https://testnet.bitmex.com/app if you want to get a better feel and do some trading without risk
[2015-06-23 20:33:16] wjschafer : right
[2015-06-23 20:33:34] wjschafer : i got some testbtc
[2015-06-23 20:33:40] wjschafer : i need to revisit that
[2015-06-23 20:33:48] BitMEX_Sam : Basically, if you place an order, but the price is too high (on a sell) or too low (on a buy) to execute immediately, it goes in the book and waits for someone to order against it.
[2015-06-23 20:34:13] wjschafer : ok so looking at the current book
[2015-06-23 20:34:54] wjschafer : what price would have some likelihood of getting taken?
[2015-06-23 20:35:50] BitMEX_Sam : Anything below 245 would probably get matched soon
[2015-06-23 20:36:02] BitMEX_Sam : Depends on who's online and what their needs are.
[2015-06-23 20:36:44] BitMEX_Sam : Anything below 243.98, up to the bid size, would execute immediately. And so on down the book; if you placed an order for 47 @ 240, it would execute immediately at each matching price down the book.
[2015-06-23 20:37:22] wjschafer : alright
[2015-06-23 20:37:26] wjschafer : so in this example
[2015-06-23 20:37:39] wjschafer : there are a little over 100 in there
[2015-06-23 20:37:50] wjschafer : so i could just work my way down the book
[2015-06-23 20:38:01] wjschafer : 25 at 243.98
[2015-06-23 20:38:08] wjschafer : 30 at 242.77
[2015-06-23 20:38:10] wjschafer : etc.
[2015-06-23 20:38:32] wjschafer : then i would be exposed at anything above that for each contract
[2015-06-23 20:38:38] wjschafer : I guess?
[2015-06-23 20:39:39] BitMEX_Sam : Right.
[2015-06-23 20:40:01] BitMEX_Sam : Well you wouldn't be exposed for each contract you hold,
[2015-06-23 20:40:22] BitMEX_Sam : The difference is, the lower the price you buy a contract at, the more you lose at settlement because you're essentially betting on the price to go down
[2015-06-23 20:40:34] BitMEX_Sam : So if you can sell at a higher price you'll make more money when the contract settles.
[2015-06-23 20:41:56] wjschafer : when you say "buy a contract" - in my case I would be "selling" correct?
[2015-06-23 20:42:14] BitMEX_Sam : Sorry yes, meant `sell a contract`
[2015-06-23 20:47:18] wjschafer : so how do i follow up on the mm thing
[2015-06-23 20:48:35] BitMEX_Sam : Well, if you want a match for a large order, usually the best thing is to ask Arthur, he should be around in a few hours (HK time).
[2015-06-23 20:48:43] wjschafer : ok
[2015-06-23 20:48:49] BitMEX_Sam : Alternatively, you can place the order on the sell side of the book and see if anyone will match it.
[2015-06-23 20:49:01] wjschafer : ok so hit him on skype?
[2015-06-23 20:51:28] BitMEX_Sam : You could, yeah, I think you already have it?
[2015-06-23 20:52:05] wjschafer : yeah
[2015-06-23 20:52:19] wjschafer : on the XBUM15
[2015-06-23 20:52:36] wjschafer : i need to purchase at minimum 1 contract worth $100 BTC
[2015-06-23 20:52:39] wjschafer : correct?
[2015-06-23 20:54:34] BitMEX_Sam : US$100, in BTC. But yes
[2015-06-23 20:54:40] BitMEX_Sam : Contracts are not fractional
[2015-06-23 20:56:36] wjschafer : right got it
[2015-06-23 20:56:45] wjschafer : ok thanks this has been very helpful
[2015-06-23 20:57:02] wjschafer : i'll grind on this awhile
[2015-06-23 20:57:38] BitMEX_Sam : Great. Good luck, of course let us know if you need any more help.
[2015-06-23 22:09:30] wjschafer : hey Sam. I'm trying to save to CVS my Trade History and nothings happening
[2015-06-23 22:09:33] wjschafer : using Chrome
[2015-06-23 22:20:54] BitMEX_Sam : Seeing the same. one second, fixing
[2015-06-23 22:23:41] BitMEX_Sam : wjschafer: Thanks for letting me know, was a simple misconfiguration on the frontend. The fix is rolling out and will be live in <5 minutes
[2015-06-23 22:23:47] BitMEX_Sam : less than 5 minutes.
[2015-06-23 22:39:31] BitMEX_Sam : wjschafer: Try it now
[2015-06-23 23:58:57] BitMEX_Arthur : Hi Bill
[2015-06-24 10:52:31] Swedishnut : Looks like there is lots of good news today
[2015-06-24 11:10:59] BitMEX_Arthur : Like what
[2015-06-24 11:30:46] Swedishnut : just saw some live streams this morning from Holland on Bitcoin. Most of it the old folks are all about crafting this technology into the current legacy system somehow. They have yet to see the light of how this disrupts all the fees they created.
[2015-06-24 12:25:27] Kiran : Will the system match your own trades?
[2015-06-24 12:25:39] Kiran : *orders
[2015-06-24 12:27:12] BitMEX_Wally : Kiran: Yes if you want to trade with yourself the system won't stop you
[2015-06-24 12:27:30] BitMEX_Wally : It won't change your average entry price though
[2015-06-24 12:27:54] Kiran : Figured it would ignore your own orders
[2015-06-24 12:28:13] Kiran : But trading with yourself is fun
[2015-06-24 12:28:25] BitMEX_Wally : Yes, twice as much commission for us :)
[2015-06-24 12:30:45] BitMEX_Wally : Ignoring your own orders when matching against the order book is additional complexity that adds no benefit
[2015-06-24 12:31:37] BitMEX_Wally : There's an argument for doing it to prevent wash trading, when people might try and manipulate the price
[2015-06-24 12:31:56] BitMEX_Wally : But then someone could just open 2 accounts and trade between them
[2015-06-24 12:34:45] Kiran : ok thanks
[2015-06-25 13:39:24] BitMEX_Arthur : https://blog.bitmex.com/volatility-ticks-up-are-good-times-ahead/
[2015-06-25 15:47:12] Scott J : Any chance of a 12 month quanto contract?
[2015-06-25 15:49:22] BitMEX_Arthur : Need to see more volume `XBTZ14` to warrant an even longer dated contract
[2015-06-25 16:04:11] BitMEX_Arthur : correction `XBTZ15`
[2015-06-25 16:05:59] BitMEX_Sam : In general listing new contracts is liquidity-dependent, although we expect that to improve soon.
[2015-06-25 22:07:31] Scott J : obviously makes sense to link it to liquidity
[2015-06-25 22:08:06] Scott J : happy to hear that you think it will improve soon - this site is really very good, so deserves it
[2015-06-25 22:08:17] Scott J : what in particular makes you think it will happen soon, though?
[2015-06-25 22:14:59] BitMEX_Sam : Scott J: We have plans to greatly increase leverage on the XBT series and some new features on the way
[2015-06-25 22:19:49] Scott J : ah yes, that will definitely help. no reason to use okcoin if you offer similar leverage other than usability.
[2015-06-25 22:20:43] BitMEX_Sam : Yeah, usability is the other chunk of the update
[2015-06-25 22:20:52] BitMEX_Sam : I'm finalizing an alternative dashboard that is much simplified
[2015-06-25 22:21:09] BitMEX_Sam : The existing one will remain, but new users will see an easier layout.
[2015-06-25 23:03:53] miratrader : I like the current layout but some customization options would be nice. Like a close button for panels and a way to move panels up/down.
[2015-06-26 02:26:13] laisee : second that, on moving & closing panels.
[2015-06-26 13:49:00] BitMEX_Sam : I agree, and in fact we've done some development work for that, but there are some sticky technical issues that prevent me from pushing it live
[2015-06-27 09:36:06] BitMEX_Arthur : We have a new simplified UI up on https://testnet.bitmex.com please play around with it and let us know your feedback
[2015-06-27 10:16:37] Scott J : great - will do :)
[2015-06-27 12:11:09] gaoMex : Waiting for withdrawal to go through...
[2015-06-27 13:21:21] BitMEX_Arthur : We are processing them now
[2015-06-27 22:35:27] Kiran : In trade history, symbol filter shortcut searches for, `{"symbol":""}` In firefox ubuntu
[2015-06-28 02:20:30] BitMEX_Sam : Thanks @Kiran, turns out we were using a nonstandard DOM function that breaks in Firefox, fix will be live in just a few minutes
[2015-06-28 04:18:53] ksinvest : BitMEX_Arthur: i prefer the current version. maybe you should go for two versions, simple and advanced. The simple version may be still too complex for pure hedging. You don't need a "buy" button for hedging but you should make the total costs for the hedge (taker fees + spread + settlement fees) visible, something like this: https://lockhedge.com/ i guess there are actually more short selling traders than real hedgers selling the XBU instruments right now but this could change if you target non-traders with an as simple as possible solution.
[2015-06-28 06:03:31] BitMEX_Arthur : ksinvest: I agree the new UI is for better trading
[2015-06-28 07:45:38] laisee : does the new UI allow panels to be moved around? I tried but coulnt do more than collapse one by clicking on bottom of a panel.
[2015-06-28 07:45:51] BitMEX_Arthur : no
[2015-06-28 11:23:27] cengel : i agree that current UI is fine! please remain the idea to allow no change for users
[2015-06-28 11:26:55] BitMEX_Arthur : Don't worry this current ui will still be available
[2015-06-28 13:28:48] BitMEX_Sam : ksinvest: cengel: At BitMEX we're all personal fans of the current UI (the 'advanced' page) and it will always remain available as an option
[2015-06-28 14:39:28] Scott J : I also like the current UI (got used to it now).
[2015-06-28 14:39:57] Scott J : I do think a simpler option would help drive site adoption though
[2015-06-28 15:01:46] BitMEX_Sam : Yeah, that is our position as well. There's definitely some things that can be done for the beginning trader to make it easier to get into.
[2015-06-30 03:11:49] chrisxbt : well bvol marketmaker gone
[2015-06-30 03:16:54] chrisxbt : just got some XBT contracts
[2015-06-30 03:17:18] BitMEX_Arthur : that's the spirit
[2015-06-30 03:17:45] chrisxbt : though I got a 262.8 entry
[2015-06-30 03:18:02] BitMEX_Arthur : `XBTN15`?
[2015-06-30 03:22:35] chrisxbt : yup
[2015-06-30 03:23:18] chrisxbt : is it possible to use a different fee structure for different contracts?
[2015-06-30 03:23:26] BitMEX_Arthur : We have a diff structure
[2015-06-30 03:23:36] BitMEX_Arthur : all the `XBT` series are maker taker 0% / 0.10%
[2015-06-30 03:24:06] BitMEX_Arthur : all `XBU` except the dailies has the trader or hedger structure
[2015-06-30 03:24:20] BitMEX_Arthur : `BVOL` same structure as `XB`
[2015-06-30 03:24:25] BitMEX_Arthur : `XBT`
[2015-06-30 03:25:44] BitMEX_Arthur : https://www.bitmex.com/app/fees
[2015-06-30 03:25:49] chrisxbt : what I mean is use trader for monthly, hedger for quarterly/christmas
[2015-06-30 03:26:04] BitMEX_Arthur : no we don't have that granularity
[2015-06-30 05:48:15] joequant : Perfect storm for bitcoin right now. Europeans are heading for the exits and the Chinese government is massively pumping liquidity into the economy.
[2015-06-30 05:48:24] joequant : Bitcoin up, up, up
[2015-06-30 05:48:48] BitMEX_Arthur : giddy up
[2015-06-30 05:57:30] j8 : wow. ltc fomo
[2015-06-30 05:57:38] BitMEX_Arthur : yeah btc-e
[2015-06-30 05:57:41] BitMEX_Arthur : 4.288
[2015-06-30 05:57:43] BitMEX_Arthur : holy fuck
[2015-06-30 06:01:42] j8 : up 40% in 24 hours, and there's 20x markets
[2015-06-30 06:01:52] BitMEX_Arthur : yep
[2015-06-30 06:02:27] j8 : wonder if they're liquidations are keeping up over there.
[2015-06-30 06:02:38] BitMEX_Arthur : you see btce
[2015-06-30 06:05:16] j8 : saw that wick. still going eh
[2015-06-30 06:06:00] BitMEX_Arthur : yeah
[2015-06-30 06:12:49] j8 : someone left a big ask on XBUN15 and walked away. surprised its still there
[2015-06-30 06:14:43] BitMEX_Arthur : looks like people are nibbling away
[2015-06-30 06:20:24] j8 : i had a nibble.
[2015-06-30 06:22:54] BitMEX_Arthur : then take a bite
[2015-06-30 06:22:55] BitMEX_Arthur : :0
[2015-06-30 06:23:24] j8 : saving my appetite for BVOL
[2015-06-30 17:21:24] chrisxbt : wow XBT is really rallying
[2015-06-30 17:21:33] chrisxbt : XBTN15
[2015-06-30 18:45:58] matt314159 : hmm this bot REALLY wants to be #3 in the XBTN15 book lol
[2015-06-30 19:17:30] BitMEX_Sam : We've seen some funny behavior from some bots. Whatever works for them
[2015-07-01 02:17:47] ksinvest : it would be great if you could publish a real-time transparency report. (something like an improved/more complete version of this: https://796.com/walletPublic) you could publish all cold wallet addresses (anonymously from all customers) this way everybody could track the solvency of BitMEX in real-time and validate the low counterparty risk of this platform.
[2015-07-01 02:22:14] ksinvest : (the counterparty risk of sending money to any Bitcoin startup is still too high for some serious traders - even if i believe that you are doing the best job of all existing platforms to reduce this risk)
[2015-07-01 02:36:22] BitMEX_Wally : ksinvest: Yes we're working on it. Proof of reserves requires a message signed by the private key of the wallet, and as we use multisig this is a bit more complex
[2015-07-01 02:47:26] ksinvest : i understand that this is a lot of work (and not at the top of the priority list of the most startups) great to hear that you are working on it.
[2015-07-01 08:05:16] cengel : i bet the BitMEX crew is watching the Greece default to IMF to see how the CDS underwriters are treated on GGB's
[2015-07-01 08:31:28] joequant : Since the Greek default is not a commericial default, it won't trigger the CDS.
[2015-07-01 08:33:37] cengel : yes and the question is how to best craft the exchange default swaps that are Comming Soon TM
[2015-07-01 09:02:31] chrisxbt : cengel, how are you doing with BVOL? Trading has really dried up
[2015-07-01 16:22:10] cengel : chrisxbt: got preoccupied with work havent been so active
[2015-07-01 16:23:41] cengel : part of it is the liquidity too, frustrating to not be able to trade out of a position
[2015-07-01 16:28:29] Scott J : yes liquidity is frustrating
[2015-07-01 16:29:03] Scott J : lets hope the changes coming soon inspire people to migrate from other sites
[2015-07-01 16:29:30] BitMEX_Arthur : Higher leverage is coming soon
[2015-07-01 16:29:54] BitMEX_Arthur : check out `XBTN15` some good action there today
[2015-07-01 19:38:07] chrisxbt : hmm XBUN dumped to 255
[2015-07-01 19:50:49] BitMEX_Sam : The bears are loose
[2015-07-02 00:42:32] goat : http://shitco.in/2015/07/02/underlying-fomo-creative-thinking-ltc-pump/
[2015-07-02 02:16:37] BitMEX_Arthur : nice one
[2015-07-02 02:16:45] BitMEX_Arthur : has bfx done anything to counter that strategy
[2015-07-02 02:17:03] BitMEX_Arthur : i'm going to put that in our newsletter and give you cred
[2015-07-02 02:23:31] BitMEX_Arthur : LTC back above $4
[2015-07-02 02:25:28] Blargwaffle : This page eventually hogs one cpu core.
[2015-07-02 02:25:47] BitMEX_Arthur : What browser are you using?
[2015-07-02 02:26:27] Blargwaffle : Firefox initially, a Chromium build called Slimjet currently.
[2015-07-02 03:12:50] miratrader : I can confirm the issue with CPU utilization on Firefox (latest version). This page uses 100% of one core when it's the active tab. CPU utilization drops back to ~5% after switching to another tab.
[2015-07-02 03:13:08] BitMEX_Arthur : Thanks we will look into it
[2015-07-02 03:44:14] goat : BitMEX_Arthur: cool thanks ma
[2015-07-02 03:44:25] goat : ok talk to you tomorrow
[2015-07-02 03:44:38] BitMEX_Arthur : :)
[2015-07-02 03:57:28] cengel : i get the issue on Chrome fwiw :)
[2015-07-02 04:00:48] BitMEX_Arthur : https://blog.bitmex.com/china-market-dump-qe-bitcoin-moon/
[2015-07-02 05:51:53] ksinvest : on opera/chrome the same problem with very high CPU load, but only always after some time and as well on other sites. seems to be a websocket issue.
[2015-07-02 12:11:52] goat : fuck im such an idiot, i thought it was an hour later lol
[2015-07-02 12:12:23] goat : i bought those dailys 2 mins before expiration
[2015-07-02 12:49:01] BitMEX_Sam : sorry @goat, perhaps we should have a countdown to expiration somewhere
[2015-07-02 12:49:42] BitMEX_Sam : That wasn't a bad loss though.
[2015-07-02 12:50:56] BitMEX_Sam : Blargwaffle: miratrader: cengel: ksinvest: Thanks for letting me know, there's clearly an issue. I usually keep this page open all day but I don't see the issue. I'll keep a few more tabs running and see if I can nail it down.
[2015-07-02 12:51:22] BitMEX_Sam : I generally suspect the chart, which is not our code and has been known to run amok
[2015-07-02 13:05:18] goat : BitMEX_Sam: lol its not your fault
[2015-07-02 13:05:30] goat : i was just being sleepy, plus, its better that way looking at price action now lol
[2015-07-02 13:05:49] BitMEX_Sam : Yeah, maybe you got out easy. Hard to say
[2015-07-02 18:21:26] BitMEX_Sam : Blargwaffle: miratrader: cengel: ksinvest: Thanks, I was able to nail down the CPU issue, the fix is live. I appreciate you letting me know.
[2015-07-02 18:49:09] Blargwaffle : Back to one browser soon, then.
[2015-07-02 18:49:41] cengel : seems snappy and good so far
[2015-07-02 18:51:27] BitMEX_Sam : Good! Let me know if you have any other performance issues
[2015-07-02 22:47:01] ksinvest : BitMEX_Sam: i still have the same CPU issues. After 30-60 minutes connected to your websocket stream via browser. (but this is on many sites using websocket over java script) i just have to reconnect and everything is fine again.
[2015-07-02 22:50:09] cengel : yea refreshing makes it fine if it starts slowing down,
[2015-07-02 22:54:07] ksinvest : in my case it may be because i'm working on a low ram Mac. this forces the system to use more virtual memory on the HDD. This is why the CPU has to do more work. (so maybe it's a ram problem and affects CPU load only indirectly)
[2015-07-02 23:34:56] BitMEX_Sam : I've verified the issue is still present in some configurations, working on it and pushing a fix soon
[2015-07-02 23:35:42] BitMEX_Sam : There's no implicit reason why a websocket should cause the CPU to spin like this over time, I believe it's generally code errors that cause that, as it is in this case
[2015-07-02 23:41:35] BitMEX_Sam : Alright. Good to go. Did some extra testing and the bug looks to be squashed.
[2015-07-03 03:14:48] miratrader : Yes, the CPU usage is down to 10%. Thanks for the quick fix. Now if you could do something about this way too low bitcoin price ;-)
[2015-07-03 07:00:55] cengel : and when using Chrome its hard to tell. everything seems laggy after enough time/tabs
[2015-07-03 07:22:04] ksinvest : BitMEX_Sam: works fine now. amazing. i still have the same problem at many other sites like https://cryptowat.ch/bitfinex/btcusd
[2015-07-03 08:39:57] BitMEX_Arthur : https://blog.bitmex.com/bring-on-the-weekend-grexit-china-qe/
[2015-07-03 08:50:39] cengel : Arthur, has PBOC said anything about doing QE? they have so much room on short-term rates why would they even do QE until they hit ZLB ?
[2015-07-03 08:52:18] ksinvest : BitMEX_Arthur: there is no "definitive vote on Greece remaining in the EU currency union" on Sunday. Even with a 'No' Grexit is still a very unlikely scenario.
[2015-07-03 08:52:54] BitMEX_Arthur : if the ecb doesn't give their banks more euro they have the exit
[2015-07-03 08:53:11] BitMEX_Arthur : they are more likely not to renew ELA funding if there is a no vote
[2015-07-03 08:53:16] BitMEX_Arthur : that's my thinking
[2015-07-03 08:58:05] cengel : Varoufakis said he'll step down if they vote Yes. so if Yes wins i think the centrists retake government
[2015-07-03 08:59:34] cengel : all the oligarch tax dodgers are telling the people to vote Nai , i think Varoufakis made a good case for Oxi i'd vote this if i was Greek
[2015-07-03 09:01:23] cengel : and latest poll shows evenly split so it will be a fun weekend
[2015-07-03 09:06:04] BitMEX_Arthur : yeah going to be a nail biter
[2015-07-03 09:06:10] BitMEX_Arthur : and us market closed today
[2015-07-03 09:10:39] ksinvest : Think about the Irish 'No' to the Lisbon treaty. This would only be the start of new negotiations . There is too much at stake for the Eurozone.
[2015-07-03 09:11:44] ksinvest : cengel: completely agree
[2015-07-03 09:12:15] cengel : it is a project doomed for failure anyway
[2015-07-03 09:12:31] cengel : until they manage to form some kind of fiscal union
[2015-07-03 09:12:34] laisee : doomed for teh Greeks, and the fically challenged
[2015-07-03 09:13:00] cengel : well the northern industrialists have benefited from the deficit countries bringing down the fx value
[2015-07-03 09:13:24] cengel : and the periphery countries took well advantage of the absrudly low borrowing rates in 00s
[2015-07-03 09:13:30] laisee : perhaps that is one of Merkels goals.
[2015-07-03 09:13:57] laisee : dump the greeks and push down EURO to boost exports, win-win
[2015-07-03 09:14:05] cengel : but the culprit is not these individuals, it is the euro structure itself. it is designed to fail with the current imbalances of members and no fiscal union to smooth asymmetrical shocks
[2015-07-03 09:20:36] ksinvest : cengel: it was a high risk strategy to create the Euro to force political integration. but from a country's perspective who's currency was pegged to D-Mark before the Euro, i do not see any advantages in going back to a currency peg (without any influence on Bundesbank's policy)
[2015-07-03 09:21:53] cengel : yea we have a peg and we had to raise interest rates in 2008 because ppl were selling out of our currency, even though it was peak crisis in world economy
[2015-07-03 09:22:32] cengel : gold standard, euro, peg ... it all comes at a cost when you want to artificial the price of your external acount
[2015-07-03 09:26:35] ksinvest : gold standard and peg are comparable, you lose all your monetary influence as country. but don't forget that even Greece has voting power in the ECB.
[2015-07-03 09:28:07] cengel : in effect they have been powerless, when ECB cut off, or capped the ELA
[2015-07-03 09:28:52] ksinvest : if you look at the composition of fx reserves, the Euro is a big success: D-Mark had 13.8% in 1998, Euro 1999: 17.9% 2007: 26.3% 2012: 24.3%
[2015-07-03 09:34:56] ksinvest : and the Eurozone is a very integrated economy, Lobbyists from every Euro country are working to secure the interests of their clients. a lot is at stake now for very powerful stakeholders.
[2015-07-03 09:36:13] ksinvest : i have never seen that EU policy makers failed to listen to influential lobbyists just to teach somebody a lesson... (and i often wished they did)
[2015-07-03 09:39:54] ksinvest : but i can't predict ECB policy (ELA), they are completely independent and their only mandate is securing 2% inflation ;)
[2015-07-03 10:29:39] cengel : loool
[2015-07-03 10:29:45] cengel : nice joke
[2015-07-03 10:29:58] cengel : these moves by the ECB are completely political
[2015-07-03 10:49:15] BitMEX_Arthur : Trading is going to be v quiet this weekens
[2015-07-03 10:49:44] BitMEX_Arthur : Weekend
[2015-07-03 13:33:01] Scott J : is there a delay on the withdrawals?
[2015-07-03 13:45:37] Scott J : just received - thank you :)
[2015-07-03 14:29:24] BitMEX_Sam : Morning all
[2015-07-03 15:37:53] Swedishnut : good morning!
[2015-07-03 15:38:58] BitMEX_Arthur : It's all coming to a head this weekend
[2015-07-03 15:42:12] laisee : Don't see there are many options if the vote is NO - maybe a fleet of EURO copters dropping notes from the sky above Athens to calm people down. /s
[2015-07-03 15:42:39] BitMEX_Arthur : they should vote no
[2015-07-03 15:42:46] BitMEX_Arthur : and drop the Euro
[2015-07-03 15:43:13] BitMEX_Arthur : IMF is now saying that Greece can't survive without debt relief
[2015-07-03 16:03:39] laisee : hmmm. IMF will offer Greece debt relief?
[2015-07-03 16:26:56] goat : whatever you guys did to the interface, it lags a lot less in firefox now
[2015-07-03 16:27:00] goat : good jo
[2015-07-03 16:27:01] goat : b
[2015-07-03 16:29:00] BitMEX_Sam : Thanks @goat, and thanks to everyone for letting me know, once I was aware of the problem it didn't take long to nail down
[2015-07-03 16:29:23] goat : awesome :)
[2015-07-03 16:29:33] BitMEX_Sam : Simplified interface is coming to production soon
[2015-07-03 16:29:35] BitMEX_Sam : You can demo it on https://testnet.bitmex.com/app
[2015-07-03 16:29:43] goat : i saw you post that the other day
[2015-07-03 16:29:50] BitMEX_Sam : It still needs some tweaks before we launch it but it's coming along. Happy to take any feedback on it
[2015-07-03 16:29:51] goat : i have yet to check it out, this interface works for me
[2015-07-03 16:30:12] goat : i see how that other one might be useful for mobile though
[2015-07-03 16:30:27] BitMEX_Sam : Glad to hear that - a lot of it is toward targeting more casual traders to increase liquidity
[2015-07-03 16:30:44] BitMEX_Sam : More advanced traders want the data we provide today but it can be overkill
[2015-07-03 16:30:46] goat : thats a great idea
[2015-07-03 16:41:11] cengel : how has the feedback been to "basic" UI from okcoin people ?
[2015-07-03 16:41:47] cengel : once there's higher leverage, fixed margin, and basic UI i think that covers all the desires
[2015-07-03 16:42:05] BitMEX_Sam : Yep, so far so good.
[2015-07-03 16:42:13] BitMEX_Sam : We got some minor comments from a few users, the overall sentiment is good
[2015-07-03 16:42:44] BitMEX_Sam : We're nearing completion on the higher leverage and fixed margin, would expect it within the next 2 weeks. We still need to put it through its paces and test
[2015-07-03 16:43:13] BitMEX_Sam : We've been improving a simulation suite that runs a variety of scenarios with some randomization to ensure the system works as advertised
[2015-07-03 16:59:55] cengel : will be exciting when OKCoin finally goxes out and bitmex takes over as futures masterrace xchange
[2015-07-03 18:11:52] Blargwaffle : If this place one day does options, I'll be utilizing them. Coinut can be flakey and has wide spreads.
[2015-07-03 18:23:09] vbmithr : Hi :)
[2015-07-03 19:07:24] cengel : anyone know where i can bet on the Greek referendum with bitcoin?
[2015-07-03 19:31:13] cengel : i think there's going to be an Oxi upset, odds on sites im seeing are paying good on it too
[2015-07-04 00:27:35] laisee : cengel> fairlay.com for Greek OX poll
[2015-07-04 04:16:22] cengel : laisee: cheers m8
[2015-07-04 04:56:32] somphong : Fuck you.
[2015-07-04 05:05:49] BitMEX_Arthur : i'm surprised there isn't more bets being placed on fairlay
[2015-07-04 05:05:55] BitMEX_Arthur : for the OX poll
[2015-07-04 05:34:57] ksinvest : i guess bets on Oxi are only so cheap because Varoufakis is hedging the loss of his FM salary
[2015-07-04 06:16:20] cengel : pretty sure he makes more as a consultant/academic/author
[2015-07-04 06:43:31] ksinvest : yes for sure, was just a bad joke...
[2015-07-04 08:16:16] BitMEX_Arthur : straw pool
[2015-07-04 08:16:18] BitMEX_Arthur : poll
[2015-07-04 08:16:27] BitMEX_Arthur : yes or no for greece vote?
[2015-07-04 08:28:24] cengel : no
[2015-07-04 08:59:23] laisee : YES. More cash for same problems. Win-Win for Greece and EURO zone.
[2015-07-04 10:29:12] cengel : laisse, did the post any of those No offers on fairlay? i filled some just now
[2015-07-04 12:18:38] joequant : The greek vote is a slam dunk. Greece will vote no. No one is quite sure what they are voting no on, which is the fun part.
[2015-07-04 12:20:46] joequant : They are voting on the terms of a bailout package. However, the Germans are refusing to negotiate any package until after the vote, so they will be voting no on something that doesn't exist.
[2015-07-04 13:18:42] laisee : cengel> no, none of those were mine. ;-)
[2015-07-04 13:20:33] laisee : I understand the package is not available anymore, so YES means back to the beginning for negotiations even if it wins.
[2015-07-04 13:24:42] laisee : fun & games, either way ...
[2015-07-04 13:24:51] BitMEX_Arthur : bring on the vol
[2015-07-04 13:25:05] BitMEX_Arthur : Bitcoin is the only asset that is tradable over the weekend during the vote
[2015-07-04 23:30:40] gmikeska07 : Ya'll think the blockchain fork is going to hit the market on monday? or do you think it will be resolved by then?
[2015-07-05 05:18:11] chrisxbt : ?
[2015-07-05 05:33:11] ksinvest : Paypal, Amazon, Google, iTunes are not accepting Greek customers anymore. Still don't believe in Grexit but this situations could become important for Bitcoin.
[2015-07-05 05:34:44] ksinvest : (they are not accepting credit card or bank payments by Greek customers, they can still pay with vouchers)
[2015-07-05 06:57:43] joequant : What I'm hoping happens is that on Tuesday, some CEO of some big company goes screaming who put our #$@ money in a Greek bank?
[2015-07-05 06:58:09] joequant : All you need is one company that has a money transfer trapped in Greece, and they will be very interested in blockchain.
[2015-07-05 19:23:43] chrisxbt : Paypal is still functioning in Greece, all the people in Greece who have a balance are still trading with it
[2015-07-05 19:23:57] BitMEX_Arthur : But you can't enter the system
[2015-07-05 19:24:25] chrisxbt : Yeah, but you can't also enter the cash system
[2015-07-05 19:24:54] BitMEX_Arthur : Right so basically unless you were smart enough to get your cash out of the greek banking system you are screwed no matter where you turn
[2015-07-05 19:27:31] chrisxbt : It's just amazing that paypal has such widespread acceptance
[2015-07-05 19:28:16] BitMEX_Arthur : Tru
[2015-07-06 01:37:25] BitMEX_Sam : I've done some site integrations with PayPal - despite many bad stories heard around the Internet, for the majority of their customers PayPal is hassle-free and quick
[2015-07-06 01:38:01] BitMEX_Sam : It's easy to see why they're so popular. There still aren't that many quick, free, non-technical ways for people to move money P2P, especially for simple, mundane things like paying bills or a dinner debt
[2015-07-06 01:38:17] BitMEX_Sam : And of course there's a significant network effect
[2015-07-06 09:03:12] Ontita : Hi guys
[2015-07-06 09:05:48] BitMEX_Arthur : Hi
[2015-07-06 09:07:59] Ontita : is this linked to the chat box?
[2015-07-06 09:08:29] BitMEX_Arthur : Yes
[2015-07-06 13:25:44] chrisxbt : Unrealized Pnl 0.1337 XBT
[2015-07-06 13:54:49] uiop : leet
[2015-07-06 14:23:16] BitMEX_Arthur : LTC is on fire
[2015-07-06 14:23:18] BitMEX_Arthur : 5.34
[2015-07-06 14:50:44] goat : yeah
[2015-07-06 14:50:51] goat : its not stopping
[2015-07-06 15:03:42] jalove143 : how can i trade my ltc to btc?
[2015-07-06 15:04:13] BitMEX_Sam : jalove143: We don't do any LTC wallets or LTC contracts here
[2015-07-06 15:04:26] BitMEX_Sam : You'd have to use another exchange like Bitfinex
[2015-07-06 15:05:23] jalove143 : oh i see..
[2015-07-06 16:38:28] Ontita : Aha, after reading the Digest, Litecoin is powered by the PBOC QE?
[2015-07-06 16:38:58] Ontita : Litecoin powered by QE?
[2015-07-06 17:08:17] nighthawk1337 : When is BitMex going to have a mobile app?
[2015-07-06 17:40:13] BitMEX_Sam : nighthawk1337: Likely not for some time, in the meantime the website works just fine on mobile
[2015-07-06 17:42:36] j8 : bitfinex down?
[2015-07-06 17:43:15] BitMEX_Sam : Appears that way, our price data processes are all throwing errors
[2015-07-06 17:46:02] goat : not working for me either
[2015-07-06 17:49:06] miratrader : Yes, Bitfinex website is down and their API returns 500 Internal server error.
[2015-07-06 17:49:42] j8 : can't connect to the websocket either.
[2015-07-06 18:00:51] BitMEX_Sam : Zane was on the whaleclub teamspeak, basically said that they're aware of the problem and working on a solution. No other details
[2015-07-06 20:57:01] goat : https://www.tradingview.com/chart/LTCBTC/2JCwpUUN-You-should-have-listened-to-my-clue-45-days-ago/
[2015-07-06 20:58:30] BitMEX_Sam : Nice one.
[2015-07-07 01:01:46] gmikeska07 : Lol omg I gotta share this... Anyone else here?
[2015-07-07 01:02:24] j8 : whats up
[2015-07-07 01:03:00] gmikeska07 : I am market-making on Bleutrade's BTC/LTC
[2015-07-07 01:03:29] gmikeska07 : And this kid kept putting a tiny order on the sell side, one satoshi under whatever my top bid was..
[2015-07-07 01:03:56] gmikeska07 : top ask... sorry
[2015-07-07 01:04:25] j8 : bot probably
[2015-07-07 01:04:35] gmikeska07 : so I set the order to one satoshi above my top purchase bid, and when he tried to place his order on top, it liquidated right into my order stack! :-)
[2015-07-07 01:04:56] gmikeska07 : into the purchase side I mean
[2015-07-07 01:05:24] BitMEX_Sam : That's a dangerous game the author is playing, putting a bot that simple into live trading
[2015-07-07 01:06:05] gmikeska07 : Yeah especially since it does dumb crap like seling right into the top bid!
[2015-07-07 01:09:42] j8 : could be an iceberg type thing. sell over time instead of all at once
[2015-07-07 01:12:06] gmikeska07 : yeah
[2015-07-07 01:15:43] j8 : a lot of the time here, the spreads are big but you can play the bots down to a better price
[2015-07-07 03:36:20] laisee : some exchange market makers are also that simple, following best ask and maintaining fixed spread. Sadly, the leverage or available instruments are enough to profit.
[2015-07-07 13:53:37] j8 : a couple thoughts on UI. a lot of the boxes take over mouse scrolling, even without focus.. in order to scroll i have to avoid mousing over the trollbox, announcements, chart, recent trades...
[2015-07-07 13:54:12] BitMEX_Sam : Yeah, that's an unfortunate problem with a widget-style UI
[2015-07-07 13:54:30] BitMEX_Sam : You get used to it but it's certainly not ideal
[2015-07-07 13:54:40] j8 : not an easy fix?
[2015-07-07 13:54:43] BitMEX_Sam : Our new "simple" UI will have a lot fewer scrollable widgets
[2015-07-07 13:55:02] BitMEX_Sam : No, not an easy fix, not without reimagining the entire UI
[2015-07-07 13:55:24] BitMEX_Sam : If you want anything to scroll, like recent trades, open orders, etc..., it's going to screw up mouse scrolling
[2015-07-07 13:59:04] j8 : i notice the order controls only respond when they have focus.
[2015-07-07 13:59:50] BitMEX_Sam : In terms of scrolling?
[2015-07-07 14:00:22] j8 : yeah
[2015-07-07 14:02:51] BitMEX_Sam : Yeah. You start to run into browser native behaviors there
[2015-07-07 14:03:08] BitMEX_Sam : So they're smart enough to figure that you don't want to scroll a number input unless you're currently inputting text
[2015-07-07 14:03:14] BitMEX_Sam : But not so for scrollable boxes, hovering is enough
[2015-07-07 14:05:06] j8 : figures. it is better that way, but i find the scrolling order controls more dangerous than useful
[2015-07-07 14:05:32] BitMEX_Sam : Yeah, that's a browser native
[2015-07-07 14:05:47] BitMEX_Sam : It's useful when you use the up/down arrows on your keyboard
[2015-07-07 14:25:52] j8 : ok, one other request which is maybe a bit beyond the UI: showing the realized pnl for individual fills.
[2015-07-07 14:57:25] BitMEX_Sam : At this time we only calculate PNL on a position and account level
[2015-07-07 15:48:00] j8 : yeah, its useful to know, especially with contracts like the dailies since the pnl from that contract accumulates day to day. after settlement it's not clear what was made or lost that day
[2015-07-07 15:50:37] BitMEX_Sam : If you check your wallet history (Account -> Wallet) you can see individual settlements.
[2015-07-07 15:53:07] BitMEX_Sam : Sorry, my mistake, those don't show for relisting contracts like BVOL24H. We have a ticket in our system to fix that
[2015-07-07 15:53:56] j8 : yeah, that's the issue.
[2015-07-08 12:13:39] j8 : are withdrawals being processed now or did i miss it?
[2015-07-08 12:14:47] BitMEX_Wally : j8: We're doing them now
[2015-07-08 12:15:20] BitMEX_Wally : Your withdrawal is being processed
[2015-07-08 12:15:25] j8 : cool.
[2015-07-08 13:09:54] j8 : ltc just cracked 6 usd
[2015-07-08 13:14:24] goat : ltc is out of control
[2015-07-08 13:15:01] j8 : been on the sidelines for the whole thing. fun to watch though.
[2015-07-08 13:38:21] j8 : any targets for this ltc run? surely there's a big pullback coming
[2015-07-08 13:41:19] goat : http://i.imgur.com/6tkCyfa.png
[2015-07-08 13:41:31] goat : i have been watching that channel... honestly expected some sideways/down before another pump
[2015-07-08 13:41:35] goat : but we just hit the top of the channel again
[2015-07-08 13:57:36] j8 : nice. i will continue to not trade it, lol
[2015-07-08 13:58:47] j8 : not buying here. maybe wait to short when this excitement fades
[2015-07-08 13:59:17] j8 : the one time i tried margin trading ltc was a disaster
[2015-07-08 15:48:20] goat : nyse suspended
[2015-07-08 15:48:22] goat : shit meet fan
[2015-07-08 15:49:32] j8 : whoa really
[2015-07-08 16:05:58] goat : http://www.bloomberg.com/news/articles/2015-07-08/new-york-stock-exchange-suspends-trading-in-all-securities
[2015-07-08 16:26:14] BitMEX_Sam : Pretty insane, has anyone mentioned what the cause is yet?
[2015-07-08 18:20:05] goat : https://twitter.com/YourAnonNews/status/618626955433349120
[2015-07-09 10:56:58] BitMEX_Arthur : Litecoin on fire
[2015-07-09 12:00:43] goat : yeah what was i thinking going to bed after i though tit settled at 7
[2015-07-09 12:00:54] BitMEX_Arthur : whipsaw
[2015-07-09 12:01:59] goat : yeah i rocked ltc all day yesterday
[2015-07-09 12:02:01] goat : and morning today
[2015-07-09 12:02:06] goat : and thought it was going to settle at $7
[2015-07-09 12:02:13] goat : slept for 4 hours and :(
[2015-07-09 12:07:22] goat : i feel like janet
[2015-07-09 12:07:28] goat : ltc = printing press
[2015-07-09 12:07:49] BitMEX_Arthur : who is pumping this thing
[2015-07-09 12:08:13] goat : same people attaching bitcoin
[2015-07-09 12:08:47] goat : mem"poop" is packed - https://tradeblock.com/blockchain/
[2015-07-09 12:10:57] orleen : im newbie .. can you teach me??
[2015-07-09 12:11:17] BitMEX_Arthur : Have you deposited Bitcoin yet onto the exchange?
[2015-07-09 12:11:29] BitMEX_Arthur : If you don't know how, I can walk you through that.
[2015-07-09 12:12:34] orleen : i have deposit 0.0328
[2015-07-09 12:13:09] BitMEX_Arthur : Do you think the price of Bitcoin will go up or down?
[2015-07-09 12:14:02] orleen : how i think the price will go up
[2015-07-09 12:15:19] BitMEX_Arthur : Using the drop down box next to `Dashboard`, select `XBT: XBT/USD Quanto`, then for the maturity select `N15: 31 July 2015`
[2015-07-09 12:16:05] BitMEX_Arthur : this is the closest contract to expiry and ideal for speculation
[2015-07-09 12:16:26] BitMEX_Arthur : let me know once you have selected that contract, and I'll walk you through how to place an order
[2015-07-09 12:17:41] orleen : o you have facebook ir??
[2015-07-09 12:17:47] orleen : sir*
[2015-07-09 12:18:02] BitMEX_Arthur : do you mean a BitMEX facebook page?
[2015-07-09 12:19:00] orleen : icant understand you will say a word becaue i biginner
[2015-07-09 12:20:00] BitMEX_Arthur : You want to profit from Bitcoin increasing in price right?
[2015-07-09 12:20:18] orleen : yes sir .
[2015-07-09 12:21:07] BitMEX_Arthur : Have you been able to select the futures contract I wrote about above?
[2015-07-09 12:22:37] orleen : do you have facebook sir so i can see the picture of what you are saying sir??
[2015-07-09 12:23:30] BitMEX_Arthur : Arthur Hayes on FB please friend me and we can chat with photos
[2015-07-09 12:24:56] orleen : what is you profile picture ir.
[2015-07-09 12:25:25] BitMEX_Arthur : From Hong Kong, black guy wearing a black long hair wig, in blue jeans
[2015-07-09 12:26:02] BitMEX_Arthur : I just friended you
[2015-07-09 12:26:44] orleen : request sent
[2015-07-09 12:40:38] goat : i friended you too arthur
[2015-07-09 12:40:45] goat : idk why i didnt do that sooner
[2015-07-09 12:55:31] goat : yesterday was redic
[2015-07-09 12:55:37] goat : i actually bought nautulus coin when i read that article
[2015-07-09 12:55:42] goat : and placed a bunch of insane asks
[2015-07-09 12:55:45] goat : and they all got bought lol
[2015-07-09 12:55:49] BitMEX_Arthur : what article
[2015-07-09 12:56:00] BitMEX_Arthur : i don't keep up much with all the alts
[2015-07-09 12:59:59] goat : hold on
[2015-07-09 13:00:10] goat : http://www.cnbc.com/id/101792287
[2015-07-09 13:00:11] goat : that one
[2015-07-09 13:00:38] goat : thats the second easiest btc i ever made, next to having fontas use my 1broker referral lol
[2015-07-09 13:00:57] BitMEX_Arthur : lol
[2015-07-09 13:04:47] goat : i dont keep up with alts either, but as soon as i saw that i knew it was money
[2015-07-09 13:04:55] goat : espcially bc the coin has been pumped and dumped before lol
[2015-07-09 13:05:05] BitMEX_Arthur : so u just bought and sold into all the slower traders
[2015-07-09 13:09:36] goat : just set asks
[2015-07-09 13:09:39] goat : they bought from me
[2015-07-09 13:09:59] goat : i honestly forgot about it with all of the ltc action then looked back at my acct and they were all bought
[2015-07-09 13:10:09] BitMEX_Arthur : lo
[2015-07-09 13:10:18] BitMEX_Arthur : l
[2015-07-09 13:11:13] BitMEX_Arthur : so LTC up or down from here?
[2015-07-09 13:21:47] goat : no idea, i think down in the really short term
[2015-07-09 13:21:52] goat : a lot moar up in the medium term
[2015-07-09 13:22:18] goat : i am just trading it, started trading a few of my ltc cold storage coins over to btc now that the ratio has gotten better
[2015-07-09 13:22:34] goat : once btc starts to follow a bit more, that ratio should drop and give me a chance to buy back in cheaper (btc/ltc)
[2015-07-09 23:17:39] CryptoFan : Hey Guys :)
[2015-07-09 23:18:11] CryptoFan : My laptop battery is almost dead, but I was wondering if someone here works for BitMex
[2015-07-09 23:18:32] CryptoFan : Was looking for a market maker for a large deal
[2015-07-09 23:32:20] BitMEX_Arthur : Hi
[2015-07-09 23:32:34] BitMEX_Arthur : What do you need to hedge?
[2015-07-10 00:43:30] nicelydone02 : Hi everyone
[2015-07-10 00:43:36] BitMEX_Arthur : Hello
[2015-07-10 00:51:42] BitMEX_Arthur : nicelydone02: i see you recently signed up, how did you hear about us?
[2015-07-10 03:07:43] BitMEX_Arthur : LTC $8
[2015-07-10 03:07:46] BitMEX_Arthur : OMG
[2015-07-10 04:46:34] laisee : fark. thats one heck of a bubble, or its the new bitcoin ...
[2015-07-10 06:17:54] goat : BitMEX_Arthur: dude this is a massive operation, we have been figuring it out all day
[2015-07-10 06:18:02] goat : they are pumping ltc just to get moar btc
[2015-07-10 06:18:19] BitMEX_Arthur : how do you mean
[2015-07-10 06:18:41] goat : they bought all the ltc dirt cheap, and are pumping ltc while trading those ltc into btc on the way up, then selling some of those btc on exchange to supress the btc price so the ltc/btc ratio increases faster
[2015-07-10 06:18:49] goat : and they can get moar btc for their ltc
[2015-07-10 06:19:02] goat : its probably the pre pump so they can acquire as many btc as possible
[2015-07-10 06:19:11] goat : it was 200 ltc to 1 btc a few days ago, now its like 40 or something
[2015-07-10 06:19:16] goat : i did the math earlier
[2015-07-10 06:19:25] BitMEX_Arthur : but they are taking a lot of risk
[2015-07-10 06:19:32] BitMEX_Arthur : if this is indeed the play
[2015-07-10 06:19:51] goat : ehh, definitely a decent amount but i wouldn't say a lot
[2015-07-10 06:19:56] goat : they are clearly professionals
[2015-07-10 06:20:22] goat : you read my article about the first part of the pump
[2015-07-10 06:20:33] goat : these people clearly are very professional and know what they're doing
[2015-07-10 06:20:38] BitMEX_Arthur : yeah
[2015-07-10 06:20:45] BitMEX_Arthur : a friend of mine said the pumpers stopped at 7
[2015-07-10 06:20:46] goat : this was well planned months in advance
[2015-07-10 06:20:47] BitMEX_Arthur : now it's just fomo
[2015-07-10 06:20:55] goat : it could be, or the chinese group
[2015-07-10 06:20:55] BitMEX_Arthur : they sold out already
[2015-07-10 06:21:04] goat : did you see the post on bitcointalk?
[2015-07-10 06:21:08] BitMEX_Arthur : no
[2015-07-10 06:21:10] BitMEX_Arthur : link me pls
[2015-07-10 06:21:13] goat : yeah hold on
[2015-07-10 06:21:23] goat : https://bitcointalk.org/index.php?topic=1115157.0
[2015-07-10 06:23:22] BitMEX_Arthur : holy shit
[2015-07-10 06:23:28] BitMEX_Arthur : actually that makes a lot of sense
[2015-07-10 06:23:37] BitMEX_Arthur : there was a conference in shanghai last month supposedly about bitcoin
[2015-07-10 06:23:41] goat : really
[2015-07-10 06:23:43] goat : interesting
[2015-07-10 06:23:51] BitMEX_Arthur : it was just a promo for a pyramid ponzi scheme
[2015-07-10 06:23:54] BitMEX_Arthur : pumping some coin
[2015-07-10 06:23:57] goat : it seems like those late night tv commercials lol
[2015-07-10 06:23:59] BitMEX_Arthur : all housewives
[2015-07-10 06:24:04] BitMEX_Arthur : yep
[2015-07-10 06:24:10] goat : wow