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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-03-15 03:37:29] BitMEX_Wally : So your XBT24H position inherits the realised PNL from XBT48H [2016-03-15 03:59:07] elmorte : Thanks for the index line on the charts dudes [2016-03-15 04:00:32] REKT : Liquidated short on `XBT7D`: Buy 2 @ 419.38 :punch: :whale: [2016-03-15 04:20:30] viptrader : why u guys being liquadted [2016-03-15 04:20:37] viptrader : this is easy money [2016-03-15 04:20:54] viptrader : i can help you with that [2016-03-15 04:20:58] viptrader : anyone who want [2016-03-15 04:30:17] arbitrage001 : viptrader: what help are you giving? [2016-03-15 04:30:30] micmix : BitMEX_Wally: thanks, so daily XBT24H cash settlement on the wallet page inlcludes XBT48H realized PNL for the previous day, right? that's why it didn't match what my system was calculating [2016-03-15 04:30:46] viptrader : arbitrage001: on ethereum trades [2016-03-15 04:31:09] viptrader : i have been trading the same patterns for 3 years [2016-03-15 04:31:22] arbitrage001 : viptrader: how ? [2016-03-15 04:32:21] viptrader : i can give you my facebook [2016-03-15 04:32:27] micmix : and I need to store realisedPNL of XBT24H position immediately after XBT24H is relisted, and that will give me realized PNL on XBT48H for the previous day [2016-03-15 04:32:31] viptrader : and send u messages there [2016-03-15 04:32:56] viptrader : add me: rani saadi [2016-03-15 04:33:19] viptrader : a black and white profile pic [2016-03-15 04:35:30] arbitrage001 : i will start making money once i add you on facebook? [2016-03-15 04:36:20] BitMEX_Wally : micmix: Yes, effectively there no longer is XBT24H. There are just two XBT48H contracts, 24 hours apart, that get called XBT24H in their last 24 hours. If that makes sense [2016-03-15 04:36:28] viptrader : arbitrage001: im sure you will [2016-03-15 04:36:46] viptrader : arbitrage001: just send me a message there [2016-03-15 04:36:47] BitMEX_Wally : We could have called them XBT48H_Even and XBT48H_Odd [2016-03-15 04:37:12] micmix : BitMEX_Wally: yes, got it, thanks. I would trade odd contracts only :-) [2016-03-15 04:38:33] arbitrage001 : viptrader: can you lend me 1 btc? then you trade it for me. Once you start making profit, just send me 50% of the profit and you keep 50% [2016-03-15 04:39:02] arbitrage001 : win win situation [2016-03-15 04:39:19] viptrader : arbitrage001: ah ok, you are not taking this seriously [2016-03-15 04:39:22] viptrader : nevermind [2016-03-15 04:40:49] viptrader : just to let you know buddy [2016-03-15 04:41:01] viptrader : my trading room shorted ETH at 0.365 [2016-03-15 04:56:05] chromaticcr : BitMEX_Wally: perhaps XBT0316 [2016-03-15 04:56:27] chromaticcr : so you wont mess 0331 and 0401 up coz they are both odd [2016-03-15 04:56:30] BitMEX_Wally : Yeah, but we don't want to flood the instrument table with new symbols [2016-03-15 05:03:44] chromaticcr : Most optimal, non-clashing method I could think of is marking the day of week? [2016-03-15 05:04:07] chromaticcr : XBT_THU [2016-03-15 08:40:29] jung1 : damn that eth really cant drop [2016-03-15 08:40:44] jung1 : if we will stay aroun 1bln market cap [2016-03-15 08:40:57] jung1 : eth is here to stay [2016-03-15 08:45:48] rapidtrades : it wont stay around 1 bl, that's absurd [2016-03-15 08:47:18] elmorte : Yeah, I was expecting it to go down at least a little...0.028 [2016-03-15 08:47:28] elmorte : And it did for a while, but bounced right back [2016-03-15 08:47:56] jung1 : it looks like its overpriced [2016-03-15 08:48:25] jung1 : but on the other hand its huge technology and big players alreadycould see that [2016-03-15 08:49:10] jung1 : funny [2016-03-15 08:51:30] elmorte : Yeah, definitely overpriced and ppl know but like you say they're unwilling to sell coz of the potential... [2016-03-15 08:52:46] elmorte : Sound like a football "expert" talking head before a match [2016-03-15 08:55:11] jung1 : I think people learned from bitcoin that there is no point to see too soon if there is potencial to sell it 10x higher in 1-2 years [2016-03-15 08:56:24] elmorte : Assuming a lot of them are hodlers...what happened to speculators? Probably out already since it ain't crashing [2016-03-15 08:58:32] jung1 : well like 80% of wallet from presale are not moved [2016-03-15 08:59:09] jung1 : and you can see that shorts just did not work on eth [2016-03-15 09:00:39] micmix : most people are still waiting for it to go higher. it has to stop going up for a month or so or crash sharply before they sell [2016-03-15 09:01:16] micmix : people who bought bitcoin @ 600-800 didn't sell until it dropped below 400 [2016-03-15 09:01:31] jung1 : true that [2016-03-15 09:01:37] micmix : some will never sell of course [2016-03-15 09:01:45] micmix : same with ETH [2016-03-15 09:01:53] elmorte : wow [2016-03-15 09:01:55] jung1 : but about speculators. eth currently have more than 50% of bitcoin trading volume [2016-03-15 09:02:09] jung1 : http://coinmarketcap.com/ [2016-03-15 09:02:40] habibi : even now people rather want to have inception of dreams can happen real, then actually taking profit and resigning from these great dreams of becoming millionaires [2016-03-15 09:03:32] micmix : yeah, like some are still waiting for $10,000 bitcoin to buy a yacht [2016-03-15 09:03:53] elmorte : We all gonna have yacths in 30 yrs! [2016-03-15 09:04:11] elmorte : But probably due to global warming rather than bitcoin [2016-03-15 09:04:17] micmix : well if bitcoin goes to $10,000 sure, why not :-) [2016-03-15 09:04:50] jung1 : faster [2016-03-15 09:04:51] REKT : Liquidated long on `ETH7D`: Sell 50 @ 0.03048 [2016-03-15 09:04:54] micmix : maybe we finally get some good weather bc of global warming :-) [2016-03-15 09:04:55] habibi : micmix: yep, but thats a part of bigger volatility. so in case we dont believe in same shit, we can take profit in the meanwhile :) and still be in great mood even if these dreams will be real [2016-03-15 09:05:27] jung1 : this is how market works [2016-03-15 09:05:39] jung1 : I belive that we will go up, you belive that we will go down [2016-03-15 09:05:42] jung1 : money flows [2016-03-15 09:06:07] micmix : and exchanges get richer and everyone else poorer :-) [2016-03-15 09:06:29] elmorte : I'm short term bearish and long term bullish...just gotta reconcile the terms with actual dates [2016-03-15 09:07:41] elmorte : Well they earn it if they do a good job :) Hopefully we get invited to a company cruise [2016-03-15 09:07:59] elmorte : Never been to Tahiti [2016-03-15 09:11:26] micmix : I've been to maybe 9-10 countries from 195, lots of interesting places left to see [2016-03-15 09:12:28] micmix : scientists have to harry up with teleportation, flying takes too long [2016-03-15 09:13:34] elmorte : Word [2016-03-15 09:13:51] elmorte : Maybe we can do it on Eth blockchain [2016-03-15 09:13:57] elmorte : "few lines of code" [2016-03-15 09:14:34] micmix : no thanks, I don't want to be digitized and embedded into the public blockchain [2016-03-15 09:14:51] elmorte : You'd be immortal [2016-03-15 09:15:03] micmix : that means anyone can make copies of me [2016-03-15 09:15:19] elmorte : And we could make copies of Eva Longoria... [2016-03-15 09:15:38] elmorte : gettin digi' wit it [2016-03-15 09:16:52] micmix : my wife will not be happy, and my wife is younger so no thanks [2016-03-15 09:18:09] rapidtrades : PBOC wants to introduce a tobin tax [2016-03-15 09:18:51] elmorte : micmix: more for me :) [2016-03-15 09:19:55] micmix : rapidtrades: have a link? I wonder if they try to apply it to bitcoin [2016-03-15 09:20:16] rapidtrades : it's a forex tax, so no [2016-03-15 09:20:21] elmorte : http://www.bloomberg.com/news/articles/2016-03-15/china-said-to-draft-rules-for-tobin-tax-on-currency-transactions [2016-03-15 09:21:09] rapidtrades : damin i was just gonna paste [2016-03-15 09:21:20] micmix : bitcoin is not currency officially but China can decide to treat it as such [2016-03-15 09:21:54] elmorte : rapidtrades: apologies [2016-03-15 09:22:21] jung1 : micmix: eu also said that btc is currency [2016-03-15 09:22:55] micmix : thnx for the link [2016-03-15 09:25:39] elmorte : I don't understand this...this applied only to legal forex trading. Majority is on the black market, correct me if I'm wrong [2016-03-15 09:25:45] elmorte : applies* [2016-03-15 09:27:34] rapidtrades : yeah don't think it will apply to btc yet but with china there's always the risk [2016-03-15 09:27:53] rapidtrades : if it starts getting used to smuggle funds out they will clamp down [2016-03-15 09:29:15] micmix : tobin tax on btc/cny will kill Chinese bitcoin exchanges overnight [2016-03-15 09:30:40] micmix : and tank bitcoin price too [2016-03-15 09:31:43] elmorte : But how to implement it? [2016-03-15 09:32:03] rapidtrades : no it wouldn't kill them cos fees on traidng bitcoin are relatively high [2016-03-15 09:32:39] elmorte : It's not like you're depositing yuan and getting back FCY [2016-03-15 09:32:50] elmorte : You're just depositing yuan to a local account [2016-03-15 09:32:53] rapidtrades : but eventually trading should shift to other markets [2016-03-15 09:32:55] BitMEX_Arthur : micmix: Why do you think that [2016-03-15 09:33:06] BitMEX_Arthur : do you think they would apply tobin tax to btc transactions on exchanges [2016-03-15 09:33:08] BitMEX_Arthur : in RMB? [2016-03-15 09:33:47] rapidtrades : at least when it comes to exchanges we're somewhat diversified [2016-03-15 09:33:59] rapidtrades : most Chinese sites have offshore version now [2016-03-15 09:34:13] micmix : if they force exchanges to apply tobin tax on BTC/CNY pair the volumes will drop significantly [2016-03-15 09:34:23] rapidtrades : that's true [2016-03-15 09:34:28] BitMEX_Arthur : Yeah i doubt that would happen, given they don't consider BTC a currency [2016-03-15 09:34:32] elmorte : Yah, but the major BTC volume is till on mainland @rapidtrades [2016-03-15 09:34:44] BitMEX_Arthur : but if they did yeah all the volume would dissappear [2016-03-15 09:34:55] habibi : its still small market for them to take ani real money from in taxes [2016-03-15 09:35:02] elmorte : If the vol. fig. are to be believed [2016-03-15 09:35:24] BitMEX_Arthur : btc would still be useful assuming you just get ur money into btc once, u just pay the tax once [2016-03-15 09:35:24] rapidtrades : yeah btc is safe until chinese start using it on mass to make money out [2016-03-15 09:35:30] rapidtrades : take* [2016-03-15 09:35:50] elmorte : I'm pretty sure that's what they've been doing all along [2016-03-15 09:35:52] BitMEX_Arthur : the tax wouldn't be more than 1% i bet [2016-03-15 09:36:06] rapidtrades : elmorte: no they haven't [2016-03-15 09:36:21] elmorte : THen why such a demand? [2016-03-15 09:36:32] rapidtrades : idk...why are ppl buying eth? [2016-03-15 09:36:33] micmix : yes, that's the big question, will they decide if BTC is a currency and the tax has to be applied. main volume is on the mainland and they can easily tax BTC/CNY if they want [2016-03-15 09:37:21] micmix : even 0.5% tax will kill almost all bot trading on zero fee BTC/CNY [2016-03-15 09:37:45] micmix : many MMs will pull out, the market will die [2016-03-15 09:37:46] rapidtrades : doesn't matter, okc has HK site, so does BTCC [2016-03-15 09:37:48] chromaticcr : Best part of China is that they always find a get-around [2016-03-15 09:38:11] chromaticcr : *#%& regulations at its best [2016-03-15 09:38:12] rapidtrades : volume will just shift to USD pairs [2016-03-15 09:38:47] micmix : no, the volume comes from onshore yuan [2016-03-15 09:38:52] elmorte : rapidtrades: ppl are buying at to speculate/invest. Chinese are buying bitcoin to hedge against RMB devaluation [2016-03-15 09:39:01] elmorte : And escape capital controls [2016-03-15 09:39:07] rapidtrades : elmorte: where the data? [2016-03-15 09:39:17] elmorte : buying eth* [2016-03-15 09:39:32] chromaticcr : and speculate, and gamble [2016-03-15 09:39:35] elmorte : Don't have time to answer your every whim [2016-03-15 09:39:48] micmix : well the volume comes from bots trading on zero fee BTC/CNY markets with onshore yuan [2016-03-15 09:39:50] rapidtrades : isn't polo the main ETH exchange? and the main pair is ETH/BTC [2016-03-15 09:39:59] rapidtrades : so no CNY [2016-03-15 09:40:03] elmorte : Yeah, coz they don't take fiat deposits [2016-03-15 09:40:22] rapidtrades : elmorte: then how are they hedging their CNY stupid [2016-03-15 09:40:32] BitMEX_Arthur : micmix: Agreed a tobin tax would kill bot liquidity [2016-03-15 09:40:46] BitMEX_Arthur : But there would still be a natural market but volume would probably be 10-20k coins a day [2016-03-15 09:40:51] BitMEX_Arthur : rather than 3 million [2016-03-15 09:40:56] elmorte : Same way I hedged MYR when it was plummeting: buy BTC and hold [2016-03-15 09:41:17] elmorte : If you can't buy forex, you go for the next best thing [2016-03-15 09:41:37] rapidtrades : elmorte: buy with what...u don't think things through do u [2016-03-15 09:41:49] elmorte : fuckin troll [2016-03-15 09:42:21] rapidtrades : explain how can chinese hedge CNY exposure on eth/btc or eth/usd [2016-03-15 09:42:42] elmorte : You're the only one talking about eth [2016-03-15 09:42:58] micmix : BitMEX_Arthur: yep, volumes will be below 30k coins. and the price will tank because pumps that prop the price from time to time will become much more expensive [2016-03-15 09:43:19] elmorte : wtf...read properly and take your meds [2016-03-15 09:43:46] rapidtrades : elmorte: rapidtrades: ppl are buying at to speculate/invest. Chinese are buying bitcoin to hedge against RMB devaluation 10:39 - elmorte: And escape capital controls 10:39 - rapidtrades: elmorte: where the data? 10:39 - elmorte: buying eth* [2016-03-15 09:44:02] rapidtrades : buying ETH in ur own words, stupid [2016-03-15 09:44:03] elmorte : ppl are buying ETH at to speculate/invest. [2016-03-15 09:44:10] elmorte : The rest is unchanged [2016-03-15 09:44:44] elmorte : I can see how you misunderstood [2016-03-15 09:44:52] rapidtrades : ok [2016-03-15 09:45:07] rapidtrades : we can't read ur mind buddy [2016-03-15 09:45:18] elmorte : In answer to 17:36 - rapidtrades: idk...why are ppl buying eth? [2016-03-15 09:45:43] elmorte : <3 [2016-03-15 09:46:39] elmorte : I'm out, gotta catch Chinese suppliers before they head off [2016-03-15 09:46:49] rapidtrades : yeah that was needlessly heated exchange, sorry about that @elmorte [2016-03-15 09:47:07] elmorte : same here bud [2016-03-15 09:50:23] chromaticcr : BitMEX_Arthur: XBTM16 or other high premium chart may render useless when the indicativeSettlePrice series (purple) is added. [2016-03-15 09:53:20] BitMEX_Arthur : chromaticcr: You can disable the purple line if you wish [2016-03-15 10:12:42] BitMEX_Wally : chromaticcr: You can click on the line, then right click and chose remove [2016-03-15 10:13:10] BitMEX_Wally : Or right click on the chart, and choose Objects Tree, then remove .XBT [2016-03-15 10:37:10] null : BitMEX_Arthur: Thank you for making the BitMex Arbitrage Series. Its a bit hard to understand in one sitting for someone like me who isn't very smart, but its surely an eye opener. I've been hedging on BFX and that costs me quite a bit. Hopefully I can find a way to do it more efficiently on BitMEX [2016-03-15 10:48:53] elmorte : @null knows there's limited seats on the BitMEX annual cruise [2016-03-15 11:09:38] elmorte : https://cryptowat.ch/bitmex/eth-weekly-futures Doesn't really display the depth properly [2016-03-15 11:09:52] jung1 : eth market cap 1,024,136,866 = 1 Giga Dollar market cap [2016-03-15 11:10:49] elmorte : lol [2016-03-15 12:41:43] BitMEX_Wally : elmorte: Send them an email support@cryptowat.ch [2016-03-15 13:34:44] Gemz : what is the daily roll? [2016-03-15 13:38:27] sleger : fresh bread ? [2016-03-15 14:07:53] BitMEX_Sam : It's 9-grain with sesame [2016-03-15 14:08:10] BitMEX_Sam : Gemz: It's a synthetic instrument that turns into XBT24H after it expires [2016-03-15 14:08:31] BitMEX_Sam : So every day, we run XBT48H and XBT24H - after 24 hours, when XBT24H relists, it carries the XBT48H positions in [2016-03-15 14:11:44] BitMEX_Sam : tscha: If you're here, I believe I figured out your blur problem [2016-03-15 14:11:55] BitMEX_Sam : Issue is most likely browser zoom, press ctrl +/- to set to 100% [2016-03-15 14:12:38] Teddy76 : BitMEX_Sam: ctrl + 0 for default zoom ;) [2016-03-15 14:12:52] BitMEX_Sam : Teddy76: Thanks, helpful shortcut [2016-03-15 14:13:21] Teddy76 : np ;) [2016-03-15 14:14:36] REKT : Liquidated long on `XBTM16`: Sell 5 @ 476.43 [2016-03-15 14:37:07] REKT : Liquidated long on `ETH7D`: Sell 40 @ 0.02981 [2016-03-15 14:41:44] elmorte : BitMEX_Wally: is it just me though? That's kinda what I was indirectly asking.... [2016-03-15 14:43:16] REKT : Liquidated long on `XBT24H`: Sell 21 @ 414.31 [2016-03-15 14:45:41] REKT : Liquidated long on `XBT24H`: Sell 2500 @ 414.18 [2016-03-15 14:46:54] BitMEX_Sam : elmorte: It appears a bit zoomed in, you can zoom it out with your mouse wheel [2016-03-15 14:48:22] REKT : Liquidated long on `XBT24H`: Sell 63 @ 414.04 [2016-03-15 14:50:11] REKT : Liquidated long on `XBTM16`: Sell 1 @ 473.44 :punch: :whale: [2016-03-15 14:53:00] Teddy76 : i don't see any of my filled trade on dashboard, "fills" tab [2016-03-15 14:53:13] okaycn : sm [2016-03-15 14:53:29] Teddy76 : okaycn: no thanks :D [2016-03-15 14:53:56] Teddy76 : okaycn: you too? [2016-03-15 14:54:10] okaycn : 你说什么? [2016-03-15 15:09:30] chromaticcr : I had too much laugh for the 'daily roll' joke [2016-03-15 15:11:31] elmorte : BitMEX_Sam: Cheers Sam. Zoom works...scale still seems all messed up [2016-03-15 15:12:25] elmorte : Compared with Polo's graph for e.g. Anyway, no biggie [2016-03-15 15:14:07] tscha : BitMEX_Sam: oh god... 100x sorry [2016-03-15 15:14:33] tscha : BitMEX_Sam: that was the problem indeed.. sorry for making you look into that for so long :) [2016-03-15 15:14:42] tscha : thanks! [2016-03-15 15:24:41] BitMEX_Sam : tscha: No problem :) [2016-03-15 15:33:51] j8 : BitMEX_Sam: i think for `XBT48H` it would be more useful to show the settle time, rather than expiry (in the contract details and in the countdown at the top) [2016-03-15 15:34:25] BitMEX_Sam : j8: Yes, actually we should be showing settlement, not expiry, up there [2016-03-15 15:34:41] BitMEX_Sam : Until 48H launched they were the same thing, but they won't necessarily be in the future [2016-03-15 15:36:37] j8 : yep [2016-03-15 15:40:01] j8 : any word on when the september contract will launch? [2016-03-15 15:40:51] BitMEX_Sam : Will be when H16 expires, 25 Mar [2016-03-15 15:42:55] j8 : dang was hoping for a week in advance. [2016-03-15 15:43:11] arbitrage001 : j8: why a week in advance [2016-03-15 15:43:26] j8 : well, H16 will be the same expiry as the weekly [2016-03-15 15:44:56] arbitrage001 : will be interesting to see september price [2016-03-15 15:48:02] j8 : it would be ideal if `H16` rolled to the weekly, but it doesn't. either way it's better to be able to start rolling positions [2016-03-15 15:49:11] j8 : arbitrage001: definitely, looks like june has taken a beating [2016-03-15 15:50:24] arbitrage001 : j8: still have some contract i like to short for june [2016-03-15 15:50:40] arbitrage001 : to hedge my position elsewhere [2016-03-15 15:50:59] arbitrage001 : but not at current price [2016-03-15 15:52:02] j8 : only 50% p.a. premium, not long ago it was over 80% [2016-03-15 15:52:19] arbitrage001 : yes [2016-03-15 15:52:39] arbitrage001 : 50% is dangerously low for people shortingg [2016-03-15 15:55:02] j8 : volatility is down in this big consolidation but it's bound to snap. you don't want to sell the bottom of volatility [2016-03-15 15:57:28] sleger : it was above 100% [2016-03-15 15:57:55] arbitrage001 : sleger: when? 6 months ago? [2016-03-15 15:58:14] sleger : no maybe 6w [2016-03-15 15:58:31] arbitrage001 : j8: exactly. dont want to get killec by vix [2016-03-15 15:59:53] arbitrage001 : 40 to 50 dollars rally will probably bringg premium up quite a bit [2016-03-15 16:01:08] sleger : and 40 to 50 dollars drop will bring it down more [2016-03-15 16:01:33] arbitrage001 : you sure? [2016-03-15 16:01:41] sleger : yes [2016-03-15 16:02:22] sleger : or as eth/fct bus boy jung2 would say : i am *shure* [2016-03-15 16:02:29] sleger : jung1 not 2 [2016-03-15 16:02:36] arbitrage001 : lol [2016-03-15 16:02:54] arbitrage001 : got burned by litecoin and dash/dark coin before [2016-03-15 16:03:00] arbitrage001 : no more alt coin for me [2016-03-15 16:03:17] sleger : why not ? just short them [2016-03-15 16:03:29] j8 : on a 10% move you would make 1% from quanto if the premium stayed the same [2016-03-15 16:03:30] arbitrage001 : risk too high for me [2016-03-15 16:03:35] arbitrage001 : even for shorting [2016-03-15 16:04:16] sleger : j8: someone is monitoring his gamma risk ? [2016-03-15 16:04:50] sleger : problem is that premium correlated to delta move [2016-03-15 16:05:38] j8 : sure we've been through that [2016-03-15 16:05:56] sleger : you mean *shure* ? [2016-03-15 16:06:02] j8 : shure [2016-03-15 16:06:19] sleger : yes took a while for tscha to get it [2016-03-15 16:07:57] j8 : but you have to have a sense of the gamma risk, at some point it's worth buying undervalued quantos even if you won't be able to sell them higher [2016-03-15 16:08:35] sleger : i know i usually go long 7D whenever premium is at 1 or less [2016-03-15 16:11:02] rapidtrades : sup jews [2016-03-15 16:12:12] arbitrage001 : what jews [2016-03-15 16:15:28] sleger : rapidtrades: am i muslim or jew im confused now ? [2016-03-15 16:16:55] rapidtrades : sleger: you tell me bud [2016-03-15 16:17:50] rapidtrades : the Generous Muslim is a great name tho, props to hajibi [2016-03-15 16:29:15] rapidtrades : feels like we've been at $415 for days now [2016-03-15 16:35:53] j8 : rapidtrades: are ya still long? [2016-03-15 16:37:52] rapidtrades : I have a very small long exposure atm <5 btc [2016-03-15 16:38:26] rapidtrades : getting conflicting signals [2016-03-15 16:46:32] j8 : okc is pretty bearish [2016-03-15 16:47:10] rapidtrades : dam spy puts are hella expensive atm [2016-03-15 16:52:36] sleger : sell them then ? [2016-03-15 16:54:55] rapidtrades : they're otm [2016-03-15 16:56:06] cengel : Is there a way to completely remove a panel with new interface or only shrink to tiny size & put in a corner? [2016-03-15 16:56:41] sleger : rapidtrades: you can sell otm options [2016-03-15 16:57:13] splash : do u think eth will recover? [2016-03-15 16:57:19] rapidtrades : not enough juice for me, too cheap to sell...was buying mainly for protection @sleger [2016-03-15 16:57:45] splash : eth reminds me of ltc on gox, only that it acutally happened [2016-03-15 16:58:08] arbitrage001 : splash: this is only a small downtuurn [2016-03-15 16:58:22] arbitrage001 : splash: compare to rally since dec [2016-03-15 16:58:32] rapidtrades : Dis but a flesh wound! [2016-03-15 16:58:47] arbitrage001 : splash: at what price did you buy? [2016-03-15 17:00:19] splash : arbitrage001: i bought at 0.0000x something, but i was stopped out. so i totally missed the rally [2016-03-15 17:00:42] splash : now im revenge short selling it ;). no just kidding ;). ive got no position though [2016-03-15 17:01:03] splash : the bullish sentiment has be considering that this just might be not a shit coin after all [2016-03-15 17:01:42] BitMEX_Sam : cengel: For now you can only make them small and move, in the future I want to make them closable, but then there needs to be an interface for re-opening them [2016-03-15 17:01:54] BitMEX_Sam : I'm imagining a widget toolbox of sorts [2016-03-15 17:04:30] arbitrage001 : splash: high price doesnt mean it isnt a shit oin [2016-03-15 17:04:37] cengel : Yes a toolbox that can be grabbed from menu to revive dead panels would suffice [2016-03-15 17:05:02] arbitrage001 : splash: aurora coin hit 1 billion market cap before crashing down into oblivion [2016-03-15 17:05:03] cengel : A great update though, awesome job as usual [2016-03-15 17:05:43] cengel : Now we just need to bring BVOL back to life, and add EVOL and we're really cooking [2016-03-15 17:06:04] sleger : BitMEX_Sam: is there a way to make orderbook like in basic layout ? ie bid below ask [2016-03-15 17:06:13] BitMEX_Sam : sleger: Yep! [2016-03-15 17:06:17] BitMEX_Sam : Click the gear icon on the top right [2016-03-15 17:06:21] BitMEX_Sam : And select single column [2016-03-15 17:06:27] sleger : BitMEX_Sam: perfect, thanks [2016-03-15 17:06:49] BitMEX_Sam : That just got added last night, fortuitous timing. [2016-03-15 17:06:57] BitMEX_Sam : I prefer that orderbook as well [2016-03-15 17:07:05] sleger : easier to read [2016-03-15 17:07:12] rapidtrades : wait so that orderbook is suppose to look like that? i thought it was a bug on my end [2016-03-15 17:07:28] BitMEX_Sam : That's the original 10-level orderbook that's been a part of BitMEX since launch in 2014 [2016-03-15 17:07:35] rapidtrades : bunch of rows with no central price? [2016-03-15 17:07:40] cengel : Is there any timeline on the advanced orders going to the web interface? Particularly trailing stops [2016-03-15 17:07:41] BitMEX_Sam : It's always been in the advanced view, I just updated the site yesterday to allow switching [2016-03-15 17:07:52] BitMEX_Sam : cengel: Not yet [2016-03-15 17:08:09] BitMEX_Sam : I'm prioritizing our next moves right now, we are juggling adv order types and internationalization [2016-03-15 17:08:59] sleger : internationalization = chinese website ? [2016-03-15 17:09:10] rapidtrades : BitMEX_Sam: u know it seems hard to believe that new orders types won't fit where the chart is right now on basic [2016-03-15 17:09:33] BitMEX_Sam : sleger: Yes, as well as proper number formatting for european languages, etc [2016-03-15 17:09:35] cengel : Amazing progress over the year. [2016-03-15 17:09:52] rapidtrades : if u axe the contarct details, it should fit just fine even with the leverage slider [2016-03-15 17:09:56] BitMEX_Sam : rapidtrades: The issue is that the size of the box changes with the order type, and that will continue to be an issue, especially with e.g. OCO orders [2016-03-15 17:10:08] BitMEX_Sam : I've spent a lot of time working through all the possibilities and this was the best solution [2016-03-15 17:10:11] sleger : BitMEX_Sam: if I were you I would do chinese. euro formatting number isnt really important, we understand american numbers [2016-03-15 17:10:31] BitMEX_Sam : sleger: Yes, Chinese is #1, the euro numbers are simply a side-effect of moving to a proper i18n backend [2016-03-15 17:10:40] cengel : I imagine the OCO ones being the pain to put in web interface, not trailing stop [2016-03-15 17:10:53] BitMEX_Sam : Yeah. We're talking internally about how long trailing stop would take to implement [2016-03-15 17:10:54] sleger : And making the buy/sell buttons a widget would be cool, I would definitely move that in the middle [2016-03-15 17:11:03] BitMEX_Sam : It's relatively simple so I may work on it today [2016-03-15 17:11:43] cengel : I was about to say that but I'm in no place to insist so [2016-03-15 17:11:52] BitMEX_Sam : :) [2016-03-15 17:12:46] cengel : I think the biggest change between a year ago and now, is how smooth the whole site is even with more volume. I know you made incremental progress on it but it's just so fast and dynamic now compared to early on [2016-03-15 17:13:07] BitMEX_Sam : Thanks - I spent a long time in the profiler ironing out performance bugs with the site [2016-03-15 17:13:23] cengel : Never seems to hang anymore or cause any weird memory-leaky problems or browser crashes [2016-03-15 17:13:36] splash : BitMEX_Sam; id like one of those order types where one order cancels another and stuff like that [2016-03-15 17:13:40] cengel : The unseen progress is just as important to me [2016-03-15 17:13:48] BitMEX_Sam : The chart still does some odd things to the site's perf now and then [2016-03-15 17:14:00] BitMEX_Sam : If you don't use it, I recommend closing it up and tossing it at the bottom of the layout, that will unload the iframe [2016-03-15 17:14:09] BitMEX_Sam : splash: Yes, OCO is on the roadmap [2016-03-15 17:14:18] cengel : Yea that's third party can only limit so much, i noticed when i shrink it entirely it 'disables' which helps [2016-03-15 17:14:29] BitMEX_Sam : Yeah. That chart is 2x larger than the code for the entire site [2016-03-15 17:14:42] BitMEX_Sam : The average user probably uses 2% of its features, it can do quite a lot [2016-03-15 17:15:08] cengel : Well theres higher priorities than for you to start messing with native charting [2016-03-15 17:15:09] BitMEX_Sam : At some point we may re-evaluate whether or not to keep it as it's quite heavy [2016-03-15 17:15:13] BitMEX_Sam : Yep [2016-03-15 17:18:09] cengel : Is the ETH7D mark staying at market price? Market sentiment is shifting, seems to be in discount a lot today [2016-03-15 17:18:12] splash : BitMEX_Sam: sounds great. i guess id like OCO more then being able to drag-around tabs also ;) [2016-03-15 17:18:45] BitMEX_Sam : cengel: ETH7D is marked to indicativeSettlePrice [2016-03-15 17:18:50] BitMEX_Sam : In other words, yes, it's just the underlying, no basis [2016-03-15 17:19:05] splash : BitMEX_Sam: do you have some bounty if one finds attack vectors? [2016-03-15 17:19:07] BitMEX_Sam : You can see the mark type & basis if you expand the instruments list and scroll way to the right, or view the full contract details page [2016-03-15 17:19:16] cengel : This could deviate greatly if the downturn continues, no? [2016-03-15 17:19:16] BitMEX_Sam : splash: Yes, we have a page on cobalt.io, otherwise you can email us [2016-03-15 17:19:27] BitMEX_Sam : cengel: Deviate from what? [2016-03-15 17:19:40] BitMEX_Sam : Ah I see what you mean, sorry - lots at once [2016-03-15 17:19:41] cengel : From the orderbook's mid-point price [2016-03-15 17:19:42] splash : BitMEX_Sam: cool! also I only ask because Im curious, i dont know of any weaknesses (for the record, people reading this) [2016-03-15 17:19:44] BitMEX_Sam : Possibly [2016-03-15 17:19:53] BitMEX_Sam : splash: Yes, we take site security very seriously [2016-03-15 17:20:03] BitMEX_Sam : We would much rather pay researchers than suffer bugs, security or otherwise [2016-03-15 17:21:06] splash : BitMEX_Sam: im just learning about web-sec so Im kind of curious, would love to help improve sec of bitmex (if there is any weaknesses) and also make some money doing so :D [2016-03-15 17:21:38] rapidtrades : I still think orders panel must be central but not gonna beat that dead horse [2016-03-15 17:21:46] splash : making money (legally) from hacking sounds like the best motivator ever to learn more about it [2016-03-15 17:21:57] sleger : splash: you're "just learning" but you want to help them secure their website ? [2016-03-15 17:22:02] rapidtrades : seems like ur set on this new UI despite he large negative feedback [2016-03-15 17:22:10] sleger : either you're insane, or they accept it and it's scary [2016-03-15 17:22:13] splash : once I found an attack vector on BTCE and emailed them about it, they fixed it but never as much as thanked me :) [2016-03-15 17:22:27] rapidtrades : splash: lol sounds like btc-e [2016-03-15 17:22:28] cengel : The feedback I've had from users I promote to has been great. New signups are increasing, lots more interest, user friendly. [2016-03-15 17:22:49] sleger : cengel: how many referral btc did you earn ? [2016-03-15 17:23:17] cengel : I don't want to discuss specifics but I've brought many users here [2016-03-15 17:23:25] splash : sleger: im a software engineer and i live by learning by doing and im self taught. one dont have to actually find any weaknesses, t be able to learn more about sec by looking for it [2016-03-15 17:23:28] habibi : cengel: still i would rather stay with volume on btc contracts as best indicator for that [2016-03-15 17:23:50] cengel : @habibi yes, volume & liquidity are king [2016-03-15 17:23:57] rapidtrades : yeah lots of new tools around betting on ETH...they wont last [2016-03-15 17:23:59] cengel : But a welcoming interface is a close second [2016-03-15 17:24:05] sleger : cengel: why wouldnt you say how many btc you earned you can find it in account page [2016-03-15 17:24:22] cengel : Sleger, because I choose not to divulge this [2016-03-15 17:24:39] sleger : i understood, but what is the reason for not disclosing it ? [2016-03-15 17:24:47] cengel : privacy purposes [2016-03-15 17:24:48] sleger : it's not like you made 1000btc through it [2016-03-15 17:27:03] habibi : cengel: just say on which tier u are [2016-03-15 17:27:35] habibi : ah nvm, it will be of course 3rd one, forgot it changed a bit from old tier system [2016-03-15 17:28:15] cengel : yes [2016-03-15 17:28:31] sleger : Total Turnover 65,038.2768 XBT [2016-03-15 17:28:46] sleger : 3rd tier is quite easy to reach [2016-03-15 17:29:13] rapidtrades : what do u think about long okc futures short here? [2016-03-15 17:29:22] sleger : which maturities [2016-03-15 17:29:33] rapidtrades : longest so june [2016-03-15 17:30:00] sleger : why not, but not too much leverage [2016-03-15 17:30:39] rapidtrades : still trying to work out if u can bet on weaker yuan with btc in a cost effective way [2016-03-15 17:31:12] sleger : that would be one way to do it but 0kc is 50% usd [2016-03-15 17:31:58] rapidtrades : right but what's the alternative?...u can't CNY if u don't have any [2016-03-15 17:32:22] sleger : 796 or bitvc [2016-03-15 17:32:36] rapidtrades : ah ok, so they're 100% cny? [2016-03-15 17:32:44] sleger : close enough [2016-03-15 17:32:57] rapidtrades : thanks didn't know that [2016-03-15 17:33:17] sleger : 796 has 0 fee but more risky exchange wise [2016-03-15 17:33:23] rapidtrades : i'll look into bitvc...796 seems a bit shady to hold long-term [2016-03-15 17:33:25] sleger : its also quite illiquid [2016-03-15 17:34:19] rapidtrades : i got out of all my okc futures shorts today, will sleep a lot better without that cny exposure [2016-03-15 17:34:51] rapidtrades : usd/cny may be slowly turning up [2016-03-15 17:41:15] chromaticcr : bitvc is okcoin-like, inverse [2016-03-15 17:51:57] Mangalica : 796 used to be huge about 2-2.5 years ago, then they lost a lot of users due to a couple of socialized loss incidents (no insurance) and became a ghost town within months [2016-03-15 18:01:45] splash : "socialized loss" [2016-03-15 18:01:48] splash : :) [2016-03-15 18:02:05] splash : reminds me of banks [2016-03-15 18:02:33] BitMEX_Sam : Yes, they had a few really bad losses [2016-03-15 18:02:38] BitMEX_Sam : I think one was 100%, which doesn't even seem possible [2016-03-15 18:02:42] BitMEX_Sam : They tried a 50x instrument for a short time [2016-03-15 18:03:44] splash : i can say something bad about all exchanges ive ever used, besides bitmex [2016-03-15 18:04:52] splash : and that is also true for stock market exchanges actually [2016-03-15 18:05:06] splash : and dont get me started on forex brokers [2016-03-15 18:05:59] splash : from what i gather, bitmex seems so make its money by improving their services. i think you guys are going to get market share in time because of this [2016-03-15 18:07:05] BitMEX_Sam : :) That's the idea, to keep iterating until we're clearly the best choice [2016-03-15 18:07:42] splash : youre definately on your way [2016-03-15 18:09:24] arbitrage001 : bitmex make any profit after expenses? [2016-03-15 18:11:39] splash : BitMEX_Sam: whats ur take on B&C Exchange and other similar things on Ethereum? [2016-03-15 18:12:17] BitMEX_Sam : arbitrage001: I can't really comment on that, but we stay viable by focusing on futures solely and by staying out of spot [2016-03-15 18:12:42] BitMEX_Sam : splash: I'm not sure familiar with B&C, but there are some interesting decentralized exchange ideas [2016-03-15 18:12:46] BitMEX_Sam : BitShares is quite well done [2016-03-15 18:13:06] arbitrage001 : BitMEX_Sam: why stay out of spot? [2016-03-15 18:13:17] BitMEX_Sam : Because it introduces a massive amount of complexity into the business [2016-03-15 18:13:21] BitMEX_Sam : And many other businesses do it quite well already [2016-03-15 18:13:47] BitMEX_Sam : We could potentially do crypto<->crypto spot, but fiat<->crypto introduces significant overhead [2016-03-15 18:14:13] Mangalica : yeah i can see that [2016-03-15 18:14:25] Mangalica : much easier to just handle crypto [2016-03-15 18:15:45] splash : BitMEX_Sam: needless to say I think the futures market is the perfect thing [2016-03-15 18:16:07] splash : BitMEX_Sam: especially for shit coins that you want to short sell [2016-03-15 18:16:09] BitMEX_Sam : I don't believe we can really do spot better than other exchanges - it's a very time-intensive business [2016-03-15 18:16:34] BitMEX_Sam : But compared to other exchanges we have a significant advantage in our technology and finance experience, so derivatives are the perfect way to leverage that [2016-03-15 18:17:07] Mangalica : once you (as a user) have crypto you can just send it anywhere with next to no friction, so running a crypto only show is not a big disadvantage. It's not like changing brokerage accounts or wiring money overseas. [2016-03-15 18:19:48] Mangalica : The whole racket (ecosystem) we have with Bitcoin and the like never ceases to amaze me, even though i use it daily. One QR code and a couple of confirmations is all it takes to deploy my capital anywhere, any time. [2016-03-15 18:34:16] rapidtrades : rly not that big of a deal, u can do it with paypal instantly [2016-03-15 18:43:47] j8 : with volume limits and percentage fees? [2016-03-15 18:44:55] rapidtrades : there are alternatives with capped fees....plus there's always cards, usually online shoppiing is free with those [2016-03-15 18:45:06] rapidtrades : limits are for plebs [2016-03-15 18:49:56] j8 : you can move a million dollars (in btc) in an hour and it costs like 10 cents. is there really a service that does better than that [2016-03-15 18:50:40] arbitrage001 : j8: volatility and conversion fee are cost too [2016-03-15 18:51:45] j8 : they're not inherent costs though, they're the cost of insisting to use something other than bitcoin :) [2016-03-15 19:43:17] rapidtrades : what's the point of moving money around if u can't use it [2016-03-15 19:44:57] rapidtrades : I've never wired 1mil but usually banks have capped fees for this....it prolly won't cost more then $100 [2016-03-15 19:45:22] rapidtrades : and u can actually withdraw that cash and use it unlike btc [2016-03-15 19:46:52] rapidtrades : problem with banks is sending small amounts, where a fixed $20 or $50 fee will r^ape u....and for that u can use paypal alternatives,cards etc... [2016-03-15 19:50:32] rapidtrades : on the other hand if u want to withdraw ur btc and actually use it, u still have to pay that bank transfer plus 0.2% plus spread [2016-03-15 19:52:51] Teddy76 : you can avoid spread and bank wire is often free [2016-03-15 19:53:33] rapidtrades : i wanna see u avoid a spread with 1 mil in btc [2016-03-15 19:54:23] rapidtrades : bank wires are never free...sepa's can be cheap but they're capped at few 1000s [2016-03-15 19:57:00] rapidtrades : point is to use ur BTC, at some point you have to use the banking system anyway and u have other costs on top of that [2016-03-15 19:57:57] Teddy76 : where do you [2016-03-15 19:58:01] Teddy76 : leave? [2016-03-15 19:58:23] rapidtrades : i'm not leaving [2016-03-15 19:58:38] Teddy76 : in certain country, you can spend btc on many shop [2016-03-15 19:58:44] Teddy76 : lol, living [2016-03-15 19:58:53] rapidtrades : what country woud that be :) [2016-03-15 20:00:10] Teddy76 : usa, via giftcard [2016-03-15 20:00:29] rapidtrades : fair point unfortunetly not usa [2016-03-15 20:01:13] Teddy76 : and i heard about another country where there is a service like paypal who accept btc, don't rembember where exactly [2016-03-15 20:01:30] rapidtrades : but shopping with cards is free to teh customer anyway so using gift cards just adds more inconvenience [2016-03-15 20:01:45] Teddy76 : yes, of course [2016-03-15 20:02:14] Teddy76 : anyway, bitcoin isn't yet very user friendly [2016-03-15 20:02:57] rapidtrades : convenience is definitely not its selling point [2016-03-15 20:21:45] kb1985 : Getting into SYS now might be like getting into ETH in January. It would be cool to have SYS longs/shorts hre. [2016-03-15 20:22:32] kb1985 : ETH chapter seems to be closing now, at least in price-related issues, of course there will be DAPPS developments but market is trying to find new pump and I guess peopel are betting on SYS now. Consider adding it. [2016-03-15 20:23:36] REKT : Liquidated short on `FCT7D`: Buy 8 @ 0.00492 [2016-03-15 21:02:06] splash : what is SYS? [2016-03-15 21:04:08] kb1985 : Well, it seems like SYS is the new pump on the block. [2016-03-15 21:04:47] splash : ooooh my goood [2016-03-15 21:04:51] splash : wat a shit coin [2016-03-15 21:05:01] splash : n people r buying that? [2016-03-15 21:05:06] splash : incredible [2016-03-15 21:06:08] splash : then again maybe those black market loving people find a use for it. who knows... i dont know [2016-03-15 21:09:04] kb1985 : People are buying whatever will bring them money. ;) [2016-03-15 21:09:17] kb1985 : The trick is to buy the same. [2016-03-15 21:09:27] rapidtrades : oh the irony [2016-03-15 21:09:29] kb1985 : They got lots of profits on ETH and now changing thehype to SYS. [2016-03-15 21:09:35] kb1985 : Yeah. :D [2016-03-15 21:10:12] splash : im pulling up the chart... i c what u mean [2016-03-15 21:10:15] splash : crazy [2016-03-15 21:10:30] rapidtrades : etherium holders calling other coins shit [2016-03-15 21:15:24] splash : lol [2016-03-15 21:20:01] BitMEX_Sam : j8: I was incorrect about the September future launch, it will list on Friday, 1 week before H16 expiry [2016-03-15 21:20:15] j8 : oh perfect [2016-03-15 21:22:08] S410520 : BitMEX_Sam: nice was hoping to see that here [2016-03-15 21:22:26] S410520 : also I see wallet ballance in the corner , not sure if it was there before, I like it :D [2016-03-15 21:22:54] BitMEX_Sam : S410520: Oh yeah, that's been there for ages [2016-03-15 21:24:55] kb1985 : I really like the exchange. Would be happy for it to grow. You should find way to attract more people. The interface, the support, the variety of contracts - this is all good. [2016-03-15 21:35:16] rapidtrades : tbf the interface is not a great selling point [2016-03-15 21:35:52] BitMEX_Sam : rapidtrades has been angry ever since we moved the order controls [2016-03-15 21:37:48] rapidtrades : most frequent traders here asked to keep the old version under basic...wasn't just me :) [2016-03-15 21:38:38] jesperf : rapidtrades: pay me and I'll develop an api client to suit your nostalgic needs [2016-03-15 21:38:57] habibi : but Sam in advanced ui as we all can do our own templates, it would be up to us to find place for orders tab :p [2016-03-15 21:44:26] BitMEX_Sam : I wish it were that simple, but it needs to be able to expand vertically, which doesn't mesh well even with the new customizable widgets [2016-03-15 21:53:03] habibi : understood, lets stay with new ui then [2016-03-15 22:09:18] micmix : BitMEX_Sam, found a bug: clicking on a symbol on the trade history page doesn't apply the filter (latest chrome on Windows) [2016-03-15 22:10:48] micmix : clicking on Buy/Sell applies the filter properly [2016-03-15 22:10:49] BitMEX_Sam : Thanks. It appears none of the filters are being applied - will fix [2016-03-15 22:11:01] BitMEX_Sam : Hmm. Symbol actually appears to be a special case [2016-03-15 22:11:56] micmix : but after clickin on a symbol all other filters don't work until refresh [2016-03-15 22:12:55] BitMEX_Sam : :+1: fix on the way [2016-03-15 22:14:17] micmix : BitMEX_Sam: if you have time please check Chrome on Windows. expand the chat and look at the font rendering. switch from trade to account in top menu. text goes from very sharp when you are on the account page to a bit blurry when you are on a trade page. very weird [2016-03-15 22:15:03] BitMEX_Sam : Any chance your browser is zoomed? [2016-03-15 22:15:08] BitMEX_Sam : Hit ctrl-0 to reset [2016-03-15 22:15:32] micmix : no, zoom 100% [2016-03-15 22:15:46] BitMEX_Sam : Where is the blurry text, in chat? [2016-03-15 22:16:52] micmix : it's most noticeable in chat, you can see it changing when you switch from trade to account and back [2016-03-15 22:17:53] micmix : but I think it's all text everywhere, it's sharp on the account page and a bit blurry on the trade page [2016-03-15 22:19:13] micmix : it's not a big deal, just a bit weird [2016-03-15 22:19:25] BitMEX_Sam : Chrome does some odd things with translate CSS [2016-03-15 22:19:34] S410520 : BitMEX_Sam: hi, when I open a limit short on eth on lets say 0.033 I get Estimated Liquidation Price 0.03117?? [2016-03-15 22:19:45] BitMEX_Sam : It renders text as raster rather than vector if it hits the GPU [2016-03-15 22:20:09] BitMEX_Sam : S410520: Let me take a look, it may be thinking you're opening a long [2016-03-15 22:20:14] BitMEX_Sam : Are you currently long? [2016-03-15 22:20:20] S410520 : no [2016-03-15 22:20:22] S410520 : lol [2016-03-15 22:20:28] S410520 : at least [2016-03-15 22:20:37] S410520 : maybe it thought i clicked long [2016-03-15 22:20:40] S410520 : im clicking short