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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[2016-04-05 18:24:23] BTCVIX : the idea is to .... welll.. be transparent ... that means being CLEAR about how things work -- I think it is a little confusing having a page labeled that and then one for DPE -- most people that come on have no idea what DPE is so it easily get confused where those rules apply
[2016-04-05 18:25:29] BitMEX_Sam : It quite clearly states that the below rules only apply for XBU and to see the other doc for DPE rules
[2016-04-05 18:25:39] BTCVIX : to me it just looks like they were lazy and didn't want to re-write the document FAQs properly
[2016-04-05 18:25:46] BTCVIX : it is more like a footnote
[2016-04-05 18:26:12] BTCVIX : BitMEX_Sam: sure -- but people are confused so that UI UX issue that is on the exchange
[2016-04-05 18:26:15] nip : BitMEX will specify an initial and maintenance margin for each contract. For example, a contract with 25x leverage will have a 4% initial margin and 1% maintenance margin. If the maintenance margin level is breached, the trader will be liquidated at their bankruptcy price.
[2016-04-05 18:26:28] nip : that is what the other doc says, correct?
[2016-04-05 18:26:33] tscha : nip: where in the docs do you get an impression that open orders are canceled before liquidation?
[2016-04-05 18:26:48] nip : tscha: because every other futures exchange in the history of the world does that
[2016-04-05 18:27:46] BTCVIX : nip: well I wouldn't assume bitmex is the same -- they are a parimutal betting platform at least with DPE -- but I just think the docs should be clearer on this
[2016-04-05 18:28:42] tscha : nip: ok. just wanted to check if there is a mistake / false impression in the docs, because from what I see, there isn't
[2016-04-05 18:28:56] tscha : though I agree that it should be changed and open orders should be canceled
[2016-04-05 18:28:59] j8 : tscha: on the page https://www.bitmex.com/app/marginCall , but there's a note that that only applies to XBU
[2016-04-05 18:29:08] BitMEX_Sam : I'm going to make the docs more clear on this.
[2016-04-05 18:29:16] nip : tscha this is what the dpe doc says
[2016-04-05 18:29:17] nip : "BitMEX will specify an initial and maintenance margin for each contract. For example, a contract with 25x leverage will have a 4% initial margin and 1% maintenance margin. If the maintenance margin level is breached, the trader will be liquidated at their bankruptcy price."
[2016-04-05 18:29:21] BTCVIX : BitMEX_Sam: has the world ended ?
[2016-04-05 18:29:23] BTCVIX : wow
[2016-04-05 18:29:32] nip : my maintenance margin level was not breached
[2016-04-05 18:29:37] BTCVIX : making things more clear -- applause please
[2016-04-05 18:30:01] BitMEX_Sam : nip: It was, your excess margin was less than the maintenance margin requirement
[2016-04-05 18:30:20] BitMEX_Sam : Rather, you had 0 excess margin
[2016-04-05 18:30:55] BTCVIX : BitMEX_Sam: I see your point but making things clearer should avoid this situation in the future
[2016-04-05 18:31:03] BitMEX_Sam : :+1:
[2016-04-05 18:32:39] BTCVIX : nip: I definitely understand your confusion -- hopefully this works out for you -- if I were @BitMEX_Sam I would probably reach out to as a user in a good faith effort and offer some form of reprive -- you sound like you really want to use the platform more and are interested -- just got confused and burned on this one thing
[2016-04-05 18:42:38] BTCVIX : BitMEX_Sam: also only 1 contract series use that system highlighted under "Margin Call and Liquidation" -- how many series do you have now ? 7d, 24hr, 48hr, ETH, FACT, A50 ? so 1/7 of the contracts used that system yet it is the most likely thing someone is going to click on when they have questions about margin call/liqiudation
[2016-04-05 18:43:15] BitMEX_Sam : Yeah, that's a good point - I'll split the docs out. Things have changed so much on the platform that the docs have gotten a bit disorganized
[2016-04-05 18:43:39] BitMEX_Sam : The series are by rootSymbol btw - so XBU, XBT, ETH, FCT, A50
[2016-04-05 18:43:55] BTCVIX : BitMEX_Sam: agreed -- good that you recognize how this can lead to confusion
[2016-04-05 18:44:50] BTCVIX : but yeah so XBU vs XBT, ETH, FCT, A50 -- only the one using the non-DPE system -- I am not going to beat this anymore -- you seem to understand
[2016-04-05 20:16:09] BitMEX_Sam : Reworked the structure of the docs, new starting point at https://www.bitmex.com/app/tradingOverview and a clearer distinction between most contracts and XBU
[2016-04-05 20:59:36] uiop : eth banga incoming
[2016-04-05 21:01:51] REKT : Liquidated long on `ETH7D`: Sell 978 @ 0.02449
[2016-04-05 21:04:28] uiop : we got some srs moment of truthing rite here
[2016-04-05 21:04:31] uiop : yessir
[2016-04-05 21:04:43] uiop : https://cryptowat.ch/poloniex/ethbtc/1m
[2016-04-05 21:16:49] uiop : it's a nailbiter
[2016-04-05 21:22:23] uiop : TICK TOCK
[2016-04-05 21:56:22] REKT : Liquidated long on `ETH7D`: Sell 12 @ 0.02433
[2016-04-05 22:05:07] REKT : Liquidated long on `ETH7D`: Sell 290 @ 0.02424
[2016-04-05 22:08:58] uiop : SOME
[2016-04-05 22:09:00] uiop : FOLKS
[2016-04-05 22:09:00] uiop : ARE
[2016-04-05 22:09:02] uiop : SELLING
[2016-04-05 22:13:58] chessnut : woop wooop
[2016-04-05 22:14:08] habibi : awsome
[2016-04-05 22:14:21] REKT : Liquidated long on `ETH7D`: Sell 16 @ 0.02387
[2016-04-05 22:15:15] chessnut : i just came to short
[2016-04-05 22:15:56] habibi : a little bit risky place to do but yea hope it will futher
[2016-04-05 22:21:36] REKT : Liquidated short on `ETH7D`: Buy 105 @ 0.02449
[2016-04-05 22:21:54] nip : REKT: really...?
[2016-04-05 22:22:15] chessnut : is REKT a bot?
[2016-04-05 22:22:42] nip : no, REKT is the guy who liquidates shorts on ETH7D
[2016-04-05 22:22:55] chessnut : cool
[2016-04-05 22:22:58] BitMEX_Sam : chessnut: :) It's a bot
[2016-04-05 22:22:59] nip : very cool
[2016-04-05 22:23:06] BitMEX_Sam : He's connected to our websocket liquidation feed
[2016-04-05 22:23:12] BitMEX_Sam : Run by the user @micmix
[2016-04-05 22:23:16] chessnut : hehe thought so
[2016-04-05 22:23:42] BitMEX_Sam : We were going to add our own feed, but he got to it before we had the development time to implement it ourselves - he injects a bit of humor into it, which we enjoy
[2016-04-05 22:24:30] uiop : lmao https://cryptowat.ch/bitfinex/ethusd/1m
[2016-04-05 22:24:31] uiop : FINEX DOESNT KNOW WHAT TO THINK
[2016-04-05 22:27:26] chessnut : poor old REKT always getting liquidated
[2016-04-05 22:36:20] Cryptolicious : who wants to buy here
[2016-04-05 22:41:45] chessnut : i really dig the custom deposit addresses
[2016-04-05 22:42:01] chessnut : 1BMEX
[2016-04-05 22:42:04] chessnut : lol
[2016-04-05 22:42:41] BitMEX_Sam : chessnut: 3BMEX :)
[2016-04-05 22:43:03] chessnut : even better =D
[2016-04-05 22:43:41] BitMEX_Sam : We're actually, as far as I know, one of the only if not the only organization that does vanity multisig addresses
[2016-04-05 22:43:47] BitMEX_Sam : Wally did a fork to vanitygen himself
[2016-04-05 22:44:13] chessnut : lol
[2016-04-05 22:56:36] REKT : Liquidated short on `ETH7D`: Buy 49 @ 0.02468
[2016-04-05 23:08:47] Cryptolicious : giant spread
[2016-04-05 23:57:09] IChTj4OeMavRq6qeIyEb : Is the .05% settlement fee charged on a XBT48H position when it rolls over to XBT24H?
[2016-04-06 01:32:29] IChTj4OeMavRq6qeIyEb : BitMEX_Sam: ?
[2016-04-06 01:57:37] vbmithr : Hey
[2016-04-06 01:57:54] IChTj4OeMavRq6qeIyEb : Hey how goes it?
[2016-04-06 02:20:42] BitMEX_Wally : IChTj4OeMavRq6qeIyEb: There is no settlement fee when XBT48H becomes XBT24H.
[2016-04-06 02:21:01] IChTj4OeMavRq6qeIyEb : BitMEX_Wally: Thanks!
[2016-04-06 02:26:43] micmix : BitMEX_Wally: I see that you started to re-balance XBT48H. Is it re-balanced at 24H settled price?
[2016-04-06 02:36:23] BitMEX_Wally : micmix: No, that wouldn't be fair
[2016-04-06 02:36:36] BitMEX_Wally : micmix: It is rebalanced at the XBT48H mark price, and then XBT24H inherits that mark price
[2016-04-06 02:37:07] micmix : can I see re-balance price somewhere?
[2016-04-06 02:37:20] BitMEX_Wally : https://www.bitmex.com/app/settlementHistory
[2016-04-06 02:37:32] BitMEX_Wally : Also in your Trade History there is now a 'Rebalance' transaction
[2016-04-06 02:41:29] micmix : ok, thanks. You used to show re-balance price on hover over entry price on the sidebar but it doesn't work anymore. I guess I'll have to ping BitMEX_Sam tomorrow
[2016-04-06 02:44:11] BitMEX_Wally : Well spotted, I'll raise a ticket
[2016-04-06 02:44:34] BitMEX_Sam : That's not a bug -
[2016-04-06 02:44:39] BitMEX_Sam : There is that arrow icon, click it
[2016-04-06 02:45:09] micmix : BitMEX_Sam: ah cool, thanks
[2016-04-06 02:45:38] BitMEX_Sam : Perhaps this is not quite evident enough
[2016-04-06 02:46:46] micmix : IMHO re-balance for XBT48H makes it a bit more complicated for regular users
[2016-04-06 02:47:53] micmix : unrealized PNL doesn't match entry price shown in the UI anymore. most users don't trade quarterly and didn't have to deal with re-balancing before
[2016-04-06 02:48:49] micmix : just my 2 coins :-) I understand that you are doing it for our benefit, to release our profits
[2016-04-06 02:49:39] micmix : well most users don't trade 48H either, so maybe it's not a concern
[2016-04-06 02:50:59] micmix : BitMEX_Sam: that arrow icon looks like 'swap', maybe something like 'info' would be better
[2016-04-06 02:58:56] BitMEX_Sam : :+1: That's a good suggestion
[2016-04-06 03:02:49] IChTj4OeMavRq6qeIyEb : :bitcoin:
[2016-04-06 03:03:15] IChTj4OeMavRq6qeIyEb : `test`
[2016-04-06 03:03:23] IChTj4OeMavRq6qeIyEb : `:bitcoin:`
[2016-04-06 03:03:33] IChTj4OeMavRq6qeIyEb : Had to figure out how I did that again
[2016-04-06 03:04:22] BitMEX_Sam : IChTj4OeMavRq6qeIyEb: See http://www.emoji-cheat-sheet.com/
[2016-04-06 03:04:28] BitMEX_Sam : Most of those should work here.
[2016-04-06 03:17:10] IChTj4OeMavRq6qeIyEb : :smirk:
[2016-04-06 03:17:12] IChTj4OeMavRq6qeIyEb : Cool
[2016-04-06 03:17:50] IChTj4OeMavRq6qeIyEb : My trading balance :chart_with_downwards_trend:
[2016-04-06 04:07:16] BitMEX_Arthur : Anyone who is interested in providing feedback on contract terms for our exchange default futures please send me an email arthur@bitmex.com
[2016-04-06 04:19:00] IChTj4OeMavRq6qeIyEb : BitMEX_Arthur: Is there a survey of some sort or just any feedback in general?
[2016-04-06 04:29:10] BitMEX_Arthur : IChTj4OeMavRq6qeIyEb: There will be a draft contract terms shared with people over a google docs and then people can comment
[2016-04-06 04:45:04] IChTj4OeMavRq6qeIyEb : BitMEX_Arthur: Why are the contracts changing?
[2016-04-06 05:10:27] BitMEX_Arthur : IChTj4OeMavRq6qeIyEb: it is a new product that will help traders buy insurance against the default of an exchange
[2016-04-06 05:10:34] BitMEX_Arthur : and other traders will sell it to them
[2016-04-06 05:11:23] mwalshe99 : exchange default?
[2016-04-06 05:11:23] IChTj4OeMavRq6qeIyEb : Ohh got it. Very cool. I thought you meant default as in the standard contracts like XBT24H
[2016-04-06 05:11:52] mwalshe99 : you guys gonna bet big on your own failure?
[2016-04-06 05:12:11] IChTj4OeMavRq6qeIyEb : mwalshe99: Other exchanges of course haha, not BitMEX
[2016-04-06 05:12:26] mwalshe99 : oh thank fuck for that
[2016-04-06 05:12:43] mwalshe99 : got reall concerned there
[2016-04-06 05:13:25] IChTj4OeMavRq6qeIyEb : `:bitcoin:`
[2016-04-06 05:13:39] IChTj4OeMavRq6qeIyEb : <blink>blink still work</blink>
[2016-04-06 05:13:51] IChTj4OeMavRq6qeIyEb : Thought that was fixed haha
[2016-04-06 05:20:16] IChTj4OeMavRq6qeIyEb : **:bitcoin:**
[2016-04-06 05:24:10] vbmithr : exchange defualt futures?
[2016-04-06 05:30:18] nip : vbmithr: for example it might settle at 1 btc if the woodchipper gets goxed by september and settle at 0 otherwise
[2016-04-06 05:30:30] nip : at least thats what i assume we're talking about
[2016-04-06 05:44:33] BitMEX_Arthur : nip: yes the question is what constitutes a default
[2016-04-06 05:45:34] BitMEX_Arthur : We floated the idea a while back but now Wally is working on implementin them in the trading engine
[2016-04-06 05:50:52] miramm1115 : BitMEX_Arthur: how about a contract for okc socialized losses, so we could insurance against clawbacks
[2016-04-06 05:51:06] miramm1115 : * buy insurance
[2016-04-06 06:25:03] splash : BitMEX_Arthur: is there short keys for opening the calculator?
[2016-04-06 06:25:12] BitMEX_Arthur : miramm1115: not likely to appear here as we would rather you just trade our futures product
[2016-04-06 06:25:25] BitMEX_Arthur : splash: not that I'm aware of I'll ask Sam
[2016-04-06 06:25:35] splash : BitMEX_Arthur: it would be real nice to have :)
[2016-04-06 06:25:37] splash : :)
[2016-04-06 06:26:00] miramm1115 : BitMEX_Arthur: fair point
[2016-04-06 06:27:35] splash : BitMEX_Arthur: Ive got another request. I personally always think in percentage points when I calc my risk. It would be super nice if I could insert my risk, in percentage, and have the calculator calc how many contracts I should work with
[2016-04-06 06:28:42] splash : i.e. instead of inuting number of contracts and have the calc tell me how many bitcoins i will loose, it would be nice if I can say how many bitcoins I can accept loosing and then have the calc outputing how many contracts i should work with
[2016-04-06 06:30:04] splash : BitMEX_Arthur: when clicking the Profis/Loss field, it could turn into an input field and the contract input turns into ordinary text. that would do it for me
[2016-04-06 07:37:46] Kahuna : factom going down. shorting to motha :-)
[2016-04-06 08:24:01] REKT : Liquidated long on `XBT24H`: Sell 400 @ 421.68
[2016-04-06 08:52:32] REKT : Liquidated long on `XBT24H`: Sell 4700 @ 421.21
[2016-04-06 09:03:51] Kahuna : bye bye factom. please go to zero
[2016-04-06 09:19:21] REKT : Liquidated short on `ETH7D`: Buy 2200 @ 0.02497
[2016-04-06 09:20:36] REKT : Liquidated short on `ETH7D`: Buy 55 @ 0.02511
[2016-04-06 09:20:51] REKT : Liquidated short on `ETH7D`: Buy 251 @ 0.02515
[2016-04-06 09:27:07] REKT : Liquidated short on `ETH7D`: Buy 99 @ 0.02548
[2016-04-06 09:53:21] REKT : Liquidated short on `ETH7D`: Buy 2 @ 0.02580 :punch: :whale:
[2016-04-06 11:37:49] Bauer : How can the sell price in my liquidation be lower than the lowest price in markets?
[2016-04-06 11:39:27] Bauer : The forced sell in my liquidation was at 419.09 and lowest sells at that time were 420.98 =o
[2016-04-06 11:41:03] Bauer : If charts here are correct
[2016-04-06 11:41:20] BombaUcigasa : DPE
[2016-04-06 11:41:26] j8 : then it got filled on the way to 419.09
[2016-04-06 11:42:34] BitMEX_Arthur : Bauer: You close out order is filled at your bankruptcy price, which is lower than your liquidation price
[2016-04-06 11:43:49] BitMEX_Arthur : The trading engine then attempts to close your order out in the market better than the bankruptcy price
[2016-04-06 11:44:28] Bauer : Ok.. So basically at liquidation every penny is gone it seems?
[2016-04-06 11:45:15] Bauer : That is in the contracts
[2016-04-06 11:49:54] BitMEX_Wally : Yes, the position and any remaining margin is taken over by the system and closed out.
[2016-04-06 11:50:08] BitMEX_Wally : https://www.bitmex.com/app/dynamicProfitEqualisation
[2016-04-06 14:05:41] nip : does anyone here trade the factom futures?
[2016-04-06 14:13:37] REKT : Liquidated long on `ETH7D`: Sell 25 @ 0.02515
[2016-04-06 14:15:33] BitMEX_Greg : nip: What are your thoughts about Factom anyway?
[2016-04-06 14:33:49] nip : BitMEX_Greg: no idea what it is. i just want to trade it long or short either way!
[2016-04-06 14:37:43] nip : i wish there were longer dated futures for ETH A50 and FCT
[2016-04-06 14:37:57] nip : also it is impossible to roll right now
[2016-04-06 14:54:05] sleger : yes it's true, there is so much liquidity on a50 for instance that we should split it across multiple maturities
[2016-04-06 14:59:10] nip : i'd like to hold long term positions in alts here
[2016-04-06 14:59:40] nip : quarterlies would be ideal
[2016-04-06 15:01:03] j8 : wow 6 days since the last trade on A50
[2016-04-06 15:01:21] nip : 111 btc in open interest isnt too bad though
[2016-04-06 15:03:55] seaplusplus : my open orders are not showing on the chart
[2016-04-06 15:03:58] seaplusplus : how can I fix that
[2016-04-06 15:03:58] seaplusplus : ?
[2016-04-06 15:07:53] BitMEX_Wally : seaplusplus: They might be quite low down. Scale the chart by dragging the price axis
[2016-04-06 15:22:45] BitMEX_Greg : nip: What type of length would you be happy with for a longer term contract on ETH?
[2016-04-06 15:23:26] nip : quarterly would be ideal
[2016-04-06 15:23:45] nip : in the current weekly only format it is impossible to manage a long term position
[2016-04-06 15:23:59] BitMEX_Greg : Leverage would need to be toned down however given the volatility
[2016-04-06 15:24:50] nip : yeah that makes sense
[2016-04-06 15:25:18] BitMEX_Greg : Do you usually trade with the 25x max leverage anyway?
[2016-04-06 15:25:52] nip : no
[2016-04-06 15:26:26] nip : i use cross margin and dont plan on being liquidated
[2016-04-06 15:26:49] BitMEX_Greg : Right,
[2016-04-06 15:26:51] nip : lower leverage would be fine
[2016-04-06 15:27:20] BitMEX_Greg : I'll run it past the guys, see what type of leverage we can utilise for a quarterly
[2016-04-06 15:31:10] j8 : i figure it would be hard to get liquidity on an eth quarterly. it would be super volatile
[2016-04-06 15:35:13] nip : i would be happy with some liquidity some of the time
[2016-04-06 15:38:47] BitMEX_Greg : That's my concern, a quarterly contract would be difficult. Bitcoin has an established forward curve already. However, if there is interest in a quarterly then we can take a look into it
[2016-04-06 15:39:53] nip : its not a quanto series so it shouldnt be too difficult to value
[2016-04-06 15:43:34] j8 : i guess the volatile premiums partly come from high leverage, the old XBU quarterlies never got bought up like on okc
[2016-04-06 17:15:04] mpkomara : ANYONE RIDIN SPINNERS?
[2016-04-06 17:15:35] nip : mpkomara: name a market and i will trade either side of it
[2016-04-06 17:15:42] nip : except for xbu of course
[2016-04-06 17:17:00] mpkomara : https://poloniex.com/exchange#btc_cga
[2016-04-06 17:17:09] mpkomara : i want this added
[2016-04-06 17:17:14] mpkomara : i LOVE enjoyable gambles
[2016-04-06 17:18:30] nip : i would rather see monero added
[2016-04-06 17:22:29] habibi : i would rather see altmex in general with more shitcoins to trade :p
[2016-04-06 17:24:14] mpkomara : i love shitcoins
[2016-04-06 17:24:19] mpkomara : its like surfing
[2016-04-06 17:29:57] aaa10247 : can you lend out eth or btc on bitmex to other traders for interest?
[2016-04-06 17:36:55] BitMEX_Wally : No, but you can short a future and earn the basis.
[2016-04-06 17:37:07] BitMEX_Wally : For example XBTU16 is trading at $534
[2016-04-06 17:39:55] BitMEX_Wally : So if you sold the future at $534 and bought spot at $421 and hold until expiry in September you are effectively earning 50% interest rate on a per annum basis
[2016-04-06 17:41:11] aaa10247 : got it. thank you. will look into this further.
[2016-04-06 17:57:59] sleger : BitMEX_Wally: that is not true
[2016-04-06 17:58:04] sleger : prices can move
[2016-04-06 17:58:12] sleger : and the hedge does not work
[2016-04-06 17:58:14] BitMEX_Wally : Yes, you have to hedge your short USD gamma
[2016-04-06 17:58:20] sleger : shouldnt say that to newbs
[2016-04-06 18:00:37] arbitrage001 : anyone who trade without doing homework
[2016-04-06 18:01:17] arbitrage001 : get what they deserve
[2016-04-06 18:04:56] messiaen8844 : check out BitMEX blog for arbitrage webinars, good stuff
[2016-04-06 19:10:55] BTCVIX : BitMEX_Sam: yeah I see you added that (Start Here) section and clarified that Margin call section at current is (XBU) series only) this is good. At some time though probably have to do a complete overhaul of the docs and come up with a good way to compare and contract etc.
[2016-04-06 20:34:44] seaplusplus : VIX do you even trade here?
[2016-04-06 21:09:00] BombaUcigasa : No, but probably his shilldren do
[2016-04-06 21:34:35] seaplusplus : lol
[2016-04-06 22:54:35] j8 : index and mark price are nowhere to be seen on advanced view..
[2016-04-06 23:30:51] Cawley22 : Is there a wrong answer for "Please select a country of residence before depositing" .....
[2016-04-06 23:35:39] BombaUcigasa : Yes
[2016-04-07 00:58:40] BitMEX_Wally : We cannot accept US residents
[2016-04-07 01:21:06] darius177 : mpkomara:
[2016-04-07 01:22:12] nip : lets trade!
[2016-04-07 01:31:10] BitMEX_Sam : j8: Apologies for that, if you refresh you'll be able to scroll the sidebar again
[2016-04-07 01:33:43] j8 : still don't see it
[2016-04-07 01:34:51] BitMEX_Sam : If you have the orderbook in 'dual' mode, it's in the sidebar
[2016-04-07 01:34:59] BitMEX_Sam : If you have it in single-column mode, it's in the middle of the orderbook
[2016-04-07 01:36:45] dropixx : why can't you accept U.S residents?
[2016-04-07 01:39:41] BitMEX_Wally : dropixx: We are not licensed by the CFTC
[2016-04-07 01:40:57] j8 : BitMEX_Sam: ah, i had to toggle it back and forth to get it in the sidebar on dual
[2016-04-07 01:42:19] dropixx : why don't you get certified
[2016-04-07 01:45:00] dropixx : it's probably complicated..but your site is cool. hopefully one day it will be available to US residents
[2016-04-07 01:48:15] BitMEX_Wally : dropixx: Yes, the cost of being licensed is quite high and the number of US customers is not enough to justify it yet
[2016-04-07 01:51:40] miramm1115 : BitMEX_Wally: as far as I remember you were showing mark price and estimated settle price on the sidebar. I don't see it anymore
[2016-04-07 01:51:55] miramm1115 : under contract details
[2016-04-07 01:58:03] BitMEX_Wally : Refresh the page
[2016-04-07 01:58:21] BitMEX_Wally : `Contract Details: XBT24H 421.23 421.72/ 421.62`
[2016-04-07 01:58:32] BitMEX_Wally : First number is the last traded price
[2016-04-07 01:58:48] BitMEX_Wally : Second number is the underlying price (i.e. indicative settle price)
[2016-04-07 01:58:53] BitMEX_Wally : Third number is the mark price
[2016-04-07 02:03:24] miramm1115 : BitMEX_Wally: this is how it looks on my screen: http://imgur.com/25ttHjp
[2016-04-07 02:04:50] BitMEX_Wally : miramm1115: Hmmm
[2016-04-07 02:06:08] miramm1115 : BitMEX_Wally: it's not urgent, maybe BitMEX_Sam will take a look when he has time
[2016-04-07 02:07:35] j8 : miramm1115: i had to switch the orderbook to Single and back to Dual to get it to show up
[2016-04-07 02:07:50] BitMEX_Wally : Yes, it is not shown when the Order book is in Single column mode
[2016-04-07 02:08:12] miramm1115 : j8: thanks, it did show up
[2016-04-07 02:08:39] miramm1115 : BitMEX_Wally: it was in dual
[2016-04-07 02:09:11] BitMEX_Wally : Yeah we were not detecting the initial state correctly
[2016-04-07 02:09:14] BitMEX_Wally : We will fix
[2016-04-07 02:09:29] miramm1115 : thanks, all good! @BitMEX_Wally
[2016-04-07 02:33:01] nip : anyone want to trade china and factom?
[2016-04-07 02:33:11] nip : doesnt seem to be much action there
[2016-04-07 02:41:04] BitMEX_Wally : Someone has registered a BitMEX affiliate page for a product we do not even have: http://www.shcomp.co
[2016-04-07 02:42:05] BitMEX_Wally : @ETHXBT: You cannot trade the Shanghai Composite on BitMEX, you must be confused
[2016-04-07 02:46:54] BitMEX_Arthur : nip: If you want a price on China let me know
[2016-04-07 02:53:45] mpkomara : nip: I DONT EVEN KNOW WHAT A FACTOM IS HONK HONK
[2016-04-07 04:11:42] REKT : Liquidated long on `XBT24H`: Sell 1640 @ 419.65
[2016-04-07 04:14:22] REKT : Liquidated long on `XBT7D`: Sell 1500 @ 419.29
[2016-04-07 04:14:22] REKT : Liquidated long on `XBT7D`: Sell 5000 @ 419.30
[2016-04-07 04:14:22] REKT : Liquidated long on `XBT24H`: Sell 500 @ 419.36
[2016-04-07 04:14:26] REKT : Liquidated long on `XBT7D`: Sell 215 @ 418.94
[2016-04-07 04:14:26] REKT : :btc: :soon: :toilet:
[2016-04-07 04:14:26] REKT : Liquidated long on `XBT7D`: Sell 155 @ 418.69
[2016-04-07 09:00:54] stevelim : Hi, You seem to eliminate spot/fair price under Contract details, is it on purpose?
[2016-04-07 09:02:08] stevelim : Where can I see them easily? Now it is very hard to see them, especially on mobile.
[2016-04-07 09:05:11] BitMEX_Wally : stevelim: It's a bug. Toggle the order book single/double column setting
[2016-04-07 09:06:09] BitMEX_Wally : If you have Single order book then the spot/fair price appears in the middle of the order book. If you have Dual order book then it appears in Contract Details
[2016-04-07 09:06:14] mathewpk13 : what do you guys think about going long today
[2016-04-07 09:08:33] stevelim : I had Dual order book, it didn't show under contract details, changed to single order book and change back to dual, now it shows under Contract details
[2016-04-07 09:11:01] BitMEX_Wally : Cool, we will fix this bug soon
[2016-04-07 09:18:31] mathewpk13 : how to remove indicators from the chart?
[2016-04-07 09:47:03] BitMEX_Wally : Right click then "Reset Chart"
[2016-04-07 09:47:34] BitMEX_Wally : Actually, Right Click then Indicators -> Remove All Indicators
[2016-04-07 10:05:49] mathewpk13 : Thank you
[2016-04-07 10:25:36] REKT : Liquidated long on `ETH7D`: Sell 100 @ 0.02493
[2016-04-07 11:45:17] yerb : BitMEX_Wally: is there any possibility to process my withdraw now?
[2016-04-07 11:45:34] yerb : cuz i gotta transfer funds fast
[2016-04-07 11:46:09] BitMEX_Wally : yerb: Unfortunately BitMEX_Sam is asleep and Arthur is out
[2016-04-07 11:46:21] BitMEX_Wally : Takes at least 2 of us to sign the transaction
[2016-04-07 11:46:34] yerb : ok
[2016-04-07 15:03:35] habibi : hidden order is always executed as last one if there are others orders at same price?
[2016-04-07 15:05:08] BitMEX_Greg : habibi: Hi Habibi, I will find out for you
[2016-04-07 15:05:29] habibi : thanks
[2016-04-07 15:05:36] REKT : Liquidated long on `ETH7D`: Sell 80 @ 0.02446
[2016-04-07 15:06:20] rapidtrades : habibi: hows it goin dude
[2016-04-07 15:06:44] habibi : rapidtrades: good, being bearish on eth is finally profitable
[2016-04-07 15:07:00] rapidtrades : habibi: tnx for telling me after the fcat
[2016-04-07 15:07:04] rapidtrades : fact*
[2016-04-07 15:07:43] habibi : i told u before, last time :)
[2016-04-07 15:08:37] BitMEX_Wally : Hidden orders are executed as usual, i.e. with price them time priority. They just are not visible in the order book feed
[2016-04-07 15:08:49] habibi : understood, thanks
[2016-04-07 15:08:52] REKT : Liquidated long on `ETH7D`: Sell 1180 @ 0.02436
[2016-04-07 15:11:16] REKT : Liquidated long on `ETH7D`: Sell 100 @ 0.02407
[2016-04-07 15:11:51] REKT : Liquidated long on `ETH7D`: Sell 10 @ 0.02406
[2016-04-07 15:13:02] rapidtrades : habibi: maybe...my memorah is pretty bad
[2016-04-07 15:17:12] sleger : so is your laptop's
[2016-04-07 15:20:44] mpkomara : LOL
[2016-04-07 15:21:51] rapidtrades : mpkomara: HONK HONK
[2016-04-07 15:22:13] mpkomara : SUNNY DAY ON THE SS ARBITRAGE
[2016-04-07 15:22:17] mpkomara : LOTS OF FISH
[2016-04-07 15:22:24] mpkomara : HONK HONK
[2016-04-07 15:33:46] nip : mpkomara: you ready to trade factums?
[2016-04-07 15:34:04] mpkomara : nip: i dont even know what a factom is!
[2016-04-07 15:36:09] nip : mpkomara: you sure do talk about them a lot
[2016-04-07 15:36:30] mpkomara : nip: I just like ACTION
[2016-04-07 15:51:39] podizzle3k : whos the derp trying to buy 25 contracts on the roll
[2016-04-07 15:51:47] podizzle3k : get that shit outta there its jacking up the botprices
[2016-04-07 16:13:22] REKT : Liquidated long on `ETH7D`: Sell 300 @ 0.02391
[2016-04-07 16:15:56] alchemist : what the hell is factom
[2016-04-07 16:16:21] REKT : Liquidated long on `ETH7D`: Sell 445 @ 0.02367
[2016-04-07 16:16:40] nip : alchemist: i dont know i just want someone to trade it with me
[2016-04-07 16:16:45] nip : i will long or short either side
[2016-04-07 16:17:06] REKT : Liquidated long on `ETH7D`: Sell 20 @ 0.02358
[2016-04-07 16:17:06] REKT : Liquidated long on `ETH7D`: Sell 6104 @ 0.02357
[2016-04-07 16:18:41] BitMEX_Sam : Factom is a (relatively) popular alt that trades on Poloniex & Bittrex
[2016-04-07 16:18:50] BitMEX_Sam : Their org raised some money last year
[2016-04-07 16:18:50] BitMEX_Sam : http://factom.org/
[2016-04-07 16:20:11] sleger : nip: plenty of quotes why dont you trade if you dont care the side ?
[2016-04-07 16:21:06] REKT : Liquidated long on `ETH7D`: Sell 300 @ 0.02343
[2016-04-07 16:21:35] nip : 1. they are small
[2016-04-07 16:21:42] nip : 2. they are wide
[2016-04-07 16:21:50] nip : 3. they may or may not be my quotes
[2016-04-07 16:22:27] sleger : then you may or may not post tiny wide quotes, maybe or not you should grow balls ;)
[2016-04-07 16:23:08] nip : they should rename this trollbox to the woodchipper
[2016-04-07 16:23:18] nip : it has a way of rewriting and reformatting comments
[2016-04-07 16:28:48] nip : BitMEX_Team: any progress toward listing quarterlies for the non-btc contracts?
[2016-04-07 16:29:15] BitMEX_Wally : We are discussing it right now
[2016-04-07 16:29:29] sleger : wont work...
[2016-04-07 16:29:39] mpkomara : I would love this too !
[2016-04-07 16:29:47] mpkomara : ETH quarterlies would be AWESOME
[2016-04-07 16:29:49] habibi : altmex would be good as a alternative for polo margin trading
[2016-04-07 16:30:03] mpkomara : SHITCOIN QUARTERLIES
[2016-04-07 16:30:09] nip : habibi: that is what brought me here
[2016-04-07 16:30:21] nip : alternative to polo. i just wish i had to way to hold a longer term position
[2016-04-07 16:31:08] BitMEX_Wally : How about `ETH14D` that automatically becomes `ETH7D`?
[2016-04-07 16:31:13] BitMEX_Wally : (like `XBT48H` becomes `XBT24H`)
[2016-04-07 16:31:31] nip : BitMEX_Wally: that would be great as it would allow me to roll
[2016-04-07 16:31:46] mpkomara : I agree, that would be a nice compromise
[2016-04-07 16:31:57] nip : i've had a big problem with my position in ETH going flat every friday. then i get slippage reopening it
[2016-04-07 16:32:21] mpkomara : I would be pretty satisfied with a 14D that becomes 7D
[2016-04-07 16:32:33] nip : maybe you could launch it before the 7D expires tomorrow?
[2016-04-07 16:32:54] sleger : BitMEX_Wally: Will the insurance fund be completely separated between shitcoins and btc ?
[2016-04-07 16:33:41] habibi : sleger i believe actually eth contracts made this fund much bigger than btc liquidations use to donate
[2016-04-07 16:34:11] sleger : habibi: maybe but does it matter ? Are past performance a guarantee of future performances ? NO
[2016-04-07 16:34:36] habibi : so still u heard that btc fund and eth is separate in some way
[2016-04-07 16:34:49] sleger : The insurance fund page only shows one number
[2016-04-07 16:34:50] nip : sleger: I actually like having everything settled in btc and using the same margin/insurance
[2016-04-07 16:35:01] nip : it is very convenient
[2016-04-07 16:35:07] sleger : nip: Of course you do because you are playing shitcoins
[2016-04-07 16:35:22] sleger : it is iin your interest. I am only talking about insurance fund. Margin can stay cross
[2016-04-07 16:35:33] nip : sleger: and i have paid into the insurance fund when i got liquidated due to open orders
[2016-04-07 16:35:38] mpkomara : sleger: you dont play the shitcoins?!
[2016-04-07 16:35:41] nip : sleger: probably about 3btc
[2016-04-07 16:35:55] mpkomara : nip: So have I of course!
[2016-04-07 16:36:14] mpkomara : I am so LIQUID
[2016-04-07 16:36:27] mpkomara : LIQUID'NOG
[2016-04-07 16:36:29] sleger : nip: one day eth or fct or some other new shitcoins are going to create a huge DPE and i dont think players who play btc should have to pay for that
[2016-04-07 16:37:02] mpkomara : sleger: so you are suggesting two pools, one for shitcoin, one for BTC?
[2016-04-07 16:37:12] nip : sleger: you are not more entitled to the insurance fund money than i am
[2016-04-07 16:37:22] sleger : yes and maybe one for china as its different, but anyways nobody trades it
[2016-04-07 16:37:24] nip : sleger: just because i believe in ETH and you believe in BTC
[2016-04-07 16:37:36] sleger : nip: your reasoning is broken
[2016-04-07 16:38:02] nip : the china one will never draw from the insurance fund i expect
[2016-04-07 16:39:02] sleger : for instance 0kcoin has separate pool for btc and ltc.
[2016-04-07 16:39:35] nip : those are actually denominated in btc and ltc
[2016-04-07 16:39:43] sleger : i dont mind using btc as margin for everything but just separate pools . The risk between FCT and BTC is clearly not the same
[2016-04-07 16:39:47] nip : they would have to exchange them themselves to share the pool
[2016-04-07 16:39:56] mpkomara : so Sleger is just guessing that the insurance fund is more likely to be utilized by shitcoin vs BTC, thus he doesnt want to pay into it for shitcoin speculators
[2016-04-07 16:40:20] nip : mpkomara: maintenance margin is higher for alts, so they also pay in more
[2016-04-07 16:40:28] mpkomara : ah
[2016-04-07 16:40:32] nip : mpkomara: it is balanced if maintenance margin is chosen correctly
[2016-04-07 16:40:40] sleger : then they will pay more to their funds thats fine
[2016-04-07 16:40:42] nip : i dont have a crystal ball so i cant say which way it will go
[2016-04-07 16:40:47] sleger : and i wont benefit from it, thats fine
[2016-04-07 16:40:55] nip : but pooling makes it more likely to avoid dpe altogether!
[2016-04-07 16:41:03] nip : that is good for us and good for the exchange
[2016-04-07 16:41:07] sleger : no
[2016-04-07 16:41:20] sleger : it is good for those who are more likely to create dpe
[2016-04-07 16:41:23] nip : woodchipper hasnt had dpe in a long time. i doubt bitmex wants to
[2016-04-07 16:41:28] nip : even if its just on 1 contract
[2016-04-07 16:41:38] nip : sleger: you have never been liquidated?
[2016-04-07 16:41:38] mpkomara : WTF is woodchipper
[2016-04-07 16:41:54] sleger : nip: no, but i dont see how thats relevant anyways
[2016-04-07 16:42:12] nip : mpkomara: try typing the name of the most popular bitcoin exchange
[2016-04-07 16:42:22] mpkomara : I've been liquidated before, I'm not SHY to admit it. SHITCOINS gets ya eventually
[2016-04-07 16:42:24] nip : its also a joke between us in the trading community
[2016-04-07 16:42:24] mpkomara : okcoin
[2016-04-07 16:42:27] mpkomara : okcoin
[2016-04-07 16:42:30] mpkomara : wtf LOL
[2016-04-07 16:45:52] mpkomara : OkayCoin
[2016-04-07 16:46:23] sleger : 0kcoin
[2016-04-07 16:46:57] sleger : if you type very very fast the system doesnt have time to change it @mpkomara
[2016-04-07 16:47:07] nip : mr huobi will never disappoint you
[2016-04-07 16:47:23] nip : anyone remember that hot air balloon that said that on the bitvc homepage?
[2016-04-07 16:47:34] nip : haha they replace that one too
[2016-04-07 16:47:37] nip : huobi
[2016-04-07 16:47:41] nip : fire currency exchange
[2016-04-07 16:47:59] mpkomara : huobi
[2016-04-07 16:48:02] mpkomara : lol wtf
[2016-04-07 16:48:34] mpkomara : Huo bi
[2016-04-07 16:48:55] mpkomara : icbait
[2016-04-07 16:50:07] j8 : i'm with sleger on this one, bitmex should feel free to add whatever garbage people want to trade, but it shouldn't affect DPE risk on bitcoin contracts
[2016-04-07 16:50:47] nip : j8: i actually dont think they should add garbage products
[2016-04-07 16:50:56] nip : eth and fct have real tech behind them
[2016-04-07 16:51:20] nip : fct is the third highest volume alt on polo today
[2016-04-07 16:51:52] habibi : u know 360 btc is still nothing
[2016-04-07 16:52:06] nip : habibi: maybe to you
[2016-04-07 16:52:10] nip : :)
[2016-04-07 16:52:29] habibi : in terms of volume.. yea its nothing for most of traders imo
[2016-04-07 16:59:00] j8 : it's tiny considering people are asking for quarterly futures on it
[2016-04-07 16:59:31] REKT : Liquidated short on `XBT24H`: Buy 6500 @ 422.02
[2016-04-07 17:03:51] REKT : Liquidated short on `ETH7D`: Buy 49 @ 0.02376
[2016-04-07 19:00:59] rapidtrades : ^^^^ this f shitcoin refuses to dieeeeeeeeeeee
[2016-04-07 19:23:48] mpkomara : ETH to 0!
[2016-04-07 19:23:49] mpkomara : HONK HONK
[2016-04-07 19:43:49] cryptokeeper : hey
[2016-04-07 19:44:13] cryptokeeper : why does the bitmex eth price say 2385 when polo is 2373
[2016-04-07 19:44:36] REKT : Liquidated long on `ETH7D`: Sell 49 @ 0.02374
[2016-04-07 19:44:49] habibi : cryptokeeper: maybe u look at last price traded here
[2016-04-07 19:48:10] cryptokeeper : its like out of alignment from polo
[2016-04-07 19:48:21] cryptokeeper : does it do the liquidations based off their mark price?
[2016-04-07 19:48:27] cryptokeeper : and this price could be whatever for the contracts?
[2016-04-07 19:49:14] habibi : nah, fair price = polo price with some lags sometimes
[2016-04-07 19:49:24] habibi : fair price is for liquidations manage
[2016-04-07 19:50:39] cryptokeeper : thanks. most likely lag issue
[2016-04-07 19:52:43] nip : seems like i should be able to use withheld profit as margin
[2016-04-07 20:20:29] BitMEX_Sam : That could technically cause a liquidation cascade if a contract had a high clawback %, and that margin was being used
[2016-04-07 20:20:50] BitMEX_Sam : If the clawback % is 0, which it usually is, we generally unlock half of withheld profit at 00:00 UTC
[2016-04-07 20:21:11] BitMEX_Sam : But that's a discretionary step we execute manually based on risk
[2016-04-07 20:22:06] REKT : Liquidated short on `ETH7D`: Buy 76 @ 0.02432
[2016-04-07 22:46:29] micmix : yeah, I agree with @sleger, insurance fund should be separated. eth/fct risk profile is completely different: lower liquidity, much higher volatility. plus we have crazy people like the guy who tried to market sell 5,000 eth
[2016-04-07 22:52:43] micmix : eth/fct causing dpe on bitcoin is not really fair and causes problems for people doing hedging or running some kind of arb
[2016-04-08 00:08:12] nip : micmix: try the Bitcoin Hedging (XBU) series
[2016-04-08 00:10:52] micmix : nip: you are funny :-)
[2016-04-08 00:11:48] nip : micmix: not as funny as using 100x dpe quantos for hedging
[2016-04-08 00:17:17] mpkomara : whats wrong with market selling 5k eth?
[2016-04-08 00:17:42] micmix : BitMEX quarterly are actually pretty good for hedging if you know how to build and adjust your hedge. XBU is not suitable for anything except short term hedge with the current fee structure and spread
[2016-04-08 00:20:38] micmix : but what do I know, I'm just a kid playing with lunch money :-)
[2016-04-08 00:30:51] micmix : I don't think you can really hedge for the 'bitcoin goes to zero' scenario anyway
[2016-04-08 00:46:35] nip : BitMEX: do you have any sample code for your websocket api in c# ? the market maker bot looks interesting but it is python only
[2016-04-08 01:54:19] BombaUcigasa : C# is the Microsoft thing, right?
[2016-04-08 01:54:22] BombaUcigasa : Eww....
[2016-04-08 04:38:18] mathewpk13 : I opened a long position and I haven't closed it yet. But in the realised PNL, it is showing -0.0005XBT. How come?
[2016-04-08 04:39:43] nip : mathewpk13: fees
[2016-04-08 04:40:07] mathewpk13 : Okay. Thanks. Now I understand.
[2016-04-08 07:26:11] donchard : this bitcoin is dead
[2016-04-08 07:41:36] REKT : Liquidated long on `ETH7D`: Sell 100 @ 0.02362
[2016-04-08 08:02:06] REKT : Liquidated long on `ETH7D`: Sell 17 @ 0.02346
[2016-04-08 08:02:06] REKT : Liquidated long on `ETH7D`: Sell 1 @ 0.02347 :punch: :whale:
[2016-04-08 08:30:36] REKT : Liquidated long on `ETH7D`: Sell 19 @ 0.02304
[2016-04-08 08:30:36] REKT : Liquidated long on `ETH7D`: Sell 539 @ 0.02326
[2016-04-08 10:15:29] lnostdal : hi guys, i'm checking out your API and wondering if you have historic OHLC data somewhere? i see "quoteBin1m" mentioned in the websocket API docs, but i can't see any description of this and other things
[2016-04-08 10:17:01] lnostdal : oh, wait .. there's some further info here .. perhaps https://www.bitmex.com/api/explorer/#!/Quote/Quote_getBucketed
[2016-04-08 10:21:43] BitMEX_Wally : lnostdal: That's quote data. For OHLC you want trade data
[2016-04-08 10:22:10] lnostdal : BitMEX_Chat_, ah, https://www.bitmex.com/api/explorer/#!/Trade/Trade_getBucketed then i guess
[2016-04-08 10:22:11] BitMEX_Wally : https://www.bitmex.com/api/explorer/#!/Trade/Trade_getBucketed
[2016-04-08 10:22:14] BitMEX_Wally : Yep
[2016-04-08 10:22:20] lnostdal : yepyep, i'll check this out; thanks
[2016-04-08 10:22:30] BitMEX_Wally : Cool, let me know if you have any questions. We're happy to help
[2016-04-08 10:45:52] zeropoint : where'd the last traded, estimated settlement, and fair price get hidden
[2016-04-08 10:46:55] lnostdal : "x-powered-by": "Profit" <-- haha .. nice HTTP header :) :)
[2016-04-08 11:06:31] BitMEX_Wally : zeropoint: Toggle the order book from Dual to Single and back again
[2016-04-08 11:12:11] hitme1 : How is ;mark price' determimed?
[2016-04-08 11:12:28] BitMEX_Wally : hitme1: Depends on the contract
[2016-04-08 11:13:06] hitme1 : Im curious about XBT contracts & ETH
[2016-04-08 11:13:19] BitMEX_Wally : XBT contracts have a mark method of Fair Price
[2016-04-08 11:13:34] BitMEX_Wally : https://www.bitmex.com/app/fairPriceMarking
[2016-04-08 11:13:39] BitMEX_Arthur : https://testnet.bitmex.com/app/trade/ETHXBT
[2016-04-08 11:13:41] BitMEX_Wally : Which is based on the underlying index
[2016-04-08 11:13:55] BitMEX_Wally : ETH contracts are marked to Indicative Settle Price which is basically the spot price of ETHXBT on Poloniex
[2016-04-08 11:14:03] BitMEX_Arthur : Please check out our new monthly ETHXBT contract, but settles daily and your position remains open
[2016-04-08 11:15:01] habibi : BitMEX_Arthur: settles everyday?
[2016-04-08 11:15:08] hitme1 : new ETH contract? where
[2016-04-08 11:15:23] BitMEX_Arthur : It's on our Testnet
[2016-04-08 11:15:23] BitMEX_Arthur : click on the link above
[2016-04-08 11:15:55] BitMEX_Arthur : Basically your unrealised profit or loss will be realised each day and you can withdraw or re-leverage it
[2016-04-08 11:16:13] habibi : BitMEX_Arthur: so its basically daily ?
[2016-04-08 11:16:21] BitMEX_Arthur : Yes and no
[2016-04-08 11:16:28] hitme1 : testnet is tradable? or only demo
[2016-04-08 11:16:36] BitMEX_Arthur : You get your profit daily, but the position expires monthly
[2016-04-08 11:16:39] BitMEX_Wally : habibi: It rebalances every day
[2016-04-08 11:16:58] BitMEX_Arthur : hitme1: Testnet is a demo
[2016-04-08 11:17:06] BitMEX_Arthur : But it is exactly the same
[2016-04-08 11:17:22] hitme1 : when will the new contracts be available for trading?
[2016-04-08 11:17:29] miramm1115 : BitMEX_Arthur: are you planning to replace ETH7D with monthly?
[2016-04-08 11:18:00] BitMEX_Arthur : miramm1115: Yes we want to eliminate multiple expiries
[2016-04-08 11:18:01] BitMEX_Arthur : This is our attempt at it
[2016-04-08 11:18:04] hitme1 : the montlys i mean
[2016-04-08 11:18:22] miramm1115 : BitMEX_Arthur: sounds good, should be better
[2016-04-08 11:18:28] hitme1 : +1
[2016-04-08 11:18:50] habibi : BitMEX_Arthur: so i short 0.01 price go next day to 0.015, i take loss, whats my entry of position after that?
[2016-04-08 11:20:18] habibi : and daily are going to get 50x :D?
[2016-04-08 11:20:19] hitme1 : When will ETH monthly contracts be live, not just testnet?
[2016-04-08 11:20:54] BitMEX_Arthur : Your entry price changes to the previous day's spot price at the cash rebalance time
[2016-04-08 11:21:07] BitMEX_Wally : habibi: Your entry price for the calculation of unrealisedPnl will be 0.015 after that. But on the GUI we show your old entry price
[2016-04-08 11:22:00] BitMEX_Wally : You can click the toggle in the middle of the Your Position widget to see the rebalance price
[2016-04-08 11:22:36] BitMEX_Wally : Basically it's just a long dated future that is rebalanced daily. If it trades well we will push the settlement date out as far as possible
[2016-04-08 11:23:01] habibi : BitMEX_Wally: thanks, so will stay with weeklys than :p
[2016-04-08 11:23:16] BitMEX_Arthur : habibi: If this is successful no
[2016-04-08 11:23:28] BitMEX_Arthur : You can have any expiry you like, and we don't have to have multiple products