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.

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[2016-04-24 14:30:23] BitMEX_Wally : `22:27 - BitMEX_Wally: It's the previous 24 hour snap, so you get at least 24 hours' notice of the funding rate`
[2016-04-24 14:30:47] sleger : BitMEX_Wally: my bad sorry I completely missed it
[2016-04-24 14:30:51] BitMEX_Wally : rapidtrades: As a shorter you get paid the funding rate
[2016-04-24 14:30:57] OmniQuantDesk : If I have BTC on loan at Polo
[2016-04-24 14:31:04] rapidtrades : BitMEX_Wally: sweet
[2016-04-24 14:31:06] OmniQuantDesk : and I hedge XBTUSD
[2016-04-24 14:31:16] OmniQuantDesk : am I getting double the Polo call rate effectively?
[2016-04-24 14:31:22] OmniQuantDesk : or what would that be based on?
[2016-04-24 14:31:41] OmniQuantDesk : +
[2016-04-24 14:31:42] OmniQuantDesk : ++++++++++++++++++++++++
[2016-04-24 14:31:57] sleger : not very smart question for a "Quant"
[2016-04-24 14:32:18] rapidtrades : quants are not very smart pppl
[2016-04-24 14:32:25] BitMEX_Wally : j8: There isn't a need for a 'claim' option because the weekly rebalance is at the spot price so you get the realised cash flows in your wallet
[2016-04-24 14:32:53] OmniQuantDesk : The question was, what interest rate will be paid to XBT shorts after the transition.
[2016-04-24 14:33:02] j8 : BitMEX_Wally: the contract could trade at a premium, which is unpredictable and doesn't really represent anything
[2016-04-24 14:33:28] habibi : OmniQuantDesk: https://youtu.be/QpsI_Gvn7C8?t=1m57s is that u?
[2016-04-24 14:33:36] BitMEX_Wally : OmniQuantDesk: At the moment we are looking at `ETHXBT` which involves the `XBT` lending rate at Poloniex. For `XBTUSD` we are still deciding how to structure it
[2016-04-24 14:33:48] rapidtrades : im never gonna object to a new contract type but if history showed me anything, its that u'll axe the other one soon
[2016-04-24 14:33:52] j8 : if it's 1% away from spot during a rally, how do i know if thats likely to converge or diverge
[2016-04-24 14:33:54] rapidtrades : so mixed feelings on this one
[2016-04-24 14:34:04] sleger : BitMEX_Wally: why dont you use the same approach and charge finex usd lending rate ?
[2016-04-24 14:34:33] BitMEX_Wally : sleger: Yes, we might look at taking the USD lending rate minus the XBT lending rate, so it is a true swap
[2016-04-24 14:34:47] OmniQuantDesk : the Bitfinex USD rate wouldn't reflect the short-gamma position's risk in shorting XBT
[2016-04-24 14:35:09] sleger : oh boy ...
[2016-04-24 14:35:29] OmniQuantDesk : really if you want a benchmark, you should calculate the theta in woodchipper futures and add some gamma premium
[2016-04-24 14:35:43] OmniQuantDesk : like right now XBT 7D trading about a buck higher than okcoin
[2016-04-24 14:35:48] BitMEX_Wally : We might make `XBTUSD` swap be inverse so there is no quanto effect
[2016-04-24 14:35:51] sleger : by doing this change yes you concentrate liquidity but you remove the ability from people to lock in long term premiums / bets
[2016-04-24 14:36:15] OmniQuantDesk : right you could consolidate all the contracts into a few monolithic liquidity products
[2016-04-24 14:36:15] OmniQuantDesk : however
[2016-04-24 14:36:24] OmniQuantDesk : I think the gamma is what brings the boys to the yard
[2016-04-24 14:36:48] sleger : the leverage is - not the gamma, most people dont understand the first bit of it
[2016-04-24 14:37:29] sleger : BitMEX_Wally: one compromise could be to remove 24, 48h and 7d, abd maybe keep 2 long term quanto futures ?
[2016-04-24 14:37:54] BitMEX_Sam : There would be some built-in evaluation time anyway, as the 30 Sep future is live and would not be removed
[2016-04-24 14:38:02] OmniQuantDesk : I stand to earn a lot of revenue over time by leveraging the theta and delta hedging on cheaper liquidity pairs if there is a trend, but if the reduced complexity helps BitMex succeed then I support it, can just arb the one swap against other exchange's contracts
[2016-04-24 14:38:27] BitMEX_Wally : Yes, we are not going to kill off products if people are trading them
[2016-04-24 14:39:12] j8 : people are just figuring out how to price the 3 month and 6 month. volume on june has picked up a lot
[2016-04-24 14:39:27] OmniQuantDesk : so the time frame is, Eth goes swap soon, XBT subject to revision over the next month or two?
[2016-04-24 14:40:30] BitMEX_Wally : We haven't announced a time frame yet, we want to get `ETHXBT` right first
[2016-04-24 14:41:49] OmniQuantDesk : it's got a more consistent volume
[2016-04-24 14:42:10] habibi : eth7d will be removed?
[2016-04-24 14:42:12] REKT : Liquidated long on `XBT24H`: Sell 1750 @ 451.44
[2016-04-24 14:43:02] REKT : Liquidated long on `XBT7D`: Sell 2000 @ 456.35
[2016-04-24 15:01:12] rapidtrades : long, short, how are we betting today fellas
[2016-04-24 15:08:19] rentchev : I am leaning long
[2016-04-24 15:10:13] j8 : bought some dip but its looking like we won't really go anywhere today
[2016-04-24 15:32:47] rentchev : it's trying
[2016-04-24 15:32:52] rentchev : needs some more volume
[2016-04-24 15:44:50] donatan : support. help me out. my withdraw confirmation link says transaction not found
[2016-04-24 15:45:22] BitMEX_Sam : donatan: Hang on, let me take a look.
[2016-04-24 15:46:01] BitMEX_Sam : donatan: After 30 minutes without confirmation, withdrawal requests time out and the funds are returned to your wallet. Could you please make a new request?
[2016-04-24 15:46:39] donatan : BitMEX_Sam: oh, ok. thanks.
[2016-04-24 16:07:36] Bitcoingirl : hi guys
[2016-04-24 16:14:21] BitMEX_Sam : Hi Bitcoingirl.
[2016-04-24 16:16:07] REKT : Liquidated short on `XBT24H`: Buy 1750 @ 453.95
[2016-04-24 16:45:06] Bitcoingirl : this is my first time trading highly speculative derivatives
[2016-04-24 16:45:18] Bitcoingirl : i am gonna trade 0.25 btc wish me luck
[2016-04-24 16:45:25] sleger : good luck dude
[2016-04-24 16:45:42] nip : sleger: agree
[2016-04-24 16:45:57] zanza : im a grill too xD
[2016-04-24 16:46:14] rapidtrades : zanza: shut up u aint no grill
[2016-04-24 16:46:18] sleger : no doubt about that either
[2016-04-24 16:46:49] nip : hey boys im going to short 1 XBT contract for the first time xD wish me luck
[2016-04-24 16:46:50] zanza : ;)
[2016-04-24 16:47:07] zanza : i hope you get liquidated nip
[2016-04-24 16:47:15] zanza : i mean g/l ;)
[2016-04-24 16:47:17] rapidtrades : nip: i actually shorted 1 okc contract yday keke
[2016-04-24 16:48:46] nip : whats that like 10000 of these xbt contracts? no idea why these are so small
[2016-04-24 16:49:24] Bitcoingirl : well i just made the 200 contract 453.89 trade
[2016-04-24 16:49:27] rapidtrades : nip: hmmm its around 100 maybe?
[2016-04-24 16:49:36] rapidtrades : no 50
[2016-04-24 16:49:59] rapidtrades : no 25 actually
[2016-04-24 16:50:08] nip : looks to be about 50
[2016-04-24 16:50:12] rapidtrades : no its 50 yea
[2016-04-24 16:52:27] REKT : Liquidated short on `XBT24H`: Buy 6400 @ 454.36
[2016-04-24 16:53:21] rapidtrades : 200 is prolly too much if you have no xp trading but what do i know
[2016-04-24 16:54:37] nip : 200 what?
[2016-04-24 16:55:03] rapidtrades : wtf is going on
[2016-04-24 16:55:26] rapidtrades : i didn't even saw that in the orderbook
[2016-04-24 16:56:26] nip : 200 what is too much?
[2016-04-24 16:58:19] rapidtrades : contractss
[2016-04-24 16:59:59] nip : yeah if you are trading that many contracts you should probably have a plan
[2016-04-24 17:03:09] sleger : lol. 200 is what i used to test my bot the first day i turned it on here
[2016-04-24 17:04:14] rapidtrades : sleger: how is that lol-worthy
[2016-04-24 17:04:34] sleger : cause "yeah if you are trading that many contracts you should probably have a plan"
[2016-04-24 17:04:48] sleger : 200c is not even 1btc
[2016-04-24 17:04:51] rapidtrades : a bot is a plan stupid
[2016-04-24 17:05:09] rapidtrades : or do urs just buy randomly
[2016-04-24 17:05:20] sleger : not just buy : also sells randomly
[2016-04-24 17:05:41] sleger : its usually enough to make money around here though
[2016-04-24 17:06:52] rapidtrades : well that's just great
[2016-04-24 17:15:57] yerb : BitMEX_Sam: any chance on adding LTC again?
[2016-04-24 17:22:05] sleger : who was the genius saying there was no bitcoin sellers anymore ?
[2016-04-24 17:23:45] sleger : "[2016-04-24 00:57:37] rentchev : there are just no sellers" : great timing, price was at the top 458-459 ...
[2016-04-24 17:54:42] REKT : Liquidated short on `XBT24H`: Buy 1601 @ 455.04
[2016-04-24 17:55:02] habibi : oh old good premium on 24h
[2016-04-24 18:01:59] habibi : BitMEX_Sam: whats up with lack of mm bot on eth?
[2016-04-24 18:02:22] BitMEX_Sam : habibi: Not sure, let me check with them.
[2016-04-24 18:02:29] habibi : thanks
[2016-04-24 18:07:02] REKT : Liquidated long on `XBT24H`: Sell 2 @ 452.64 :punch: :whale:
[2016-04-24 18:07:02] REKT : Liquidated long on `XBT24H`: Sell 18000 @ 452.82 **MEGA-REKT** :boom:
[2016-04-24 18:07:39] habibi : xD love that shit on 24h :D
[2016-04-24 18:08:30] habibi : i mean that someones play with mark price
[2016-04-24 18:08:38] habibi : anyway thanks Sam, mm on eth is back
[2016-04-24 18:19:20] BitMEX_Sam : :+1:
[2016-04-24 18:51:14] habibi : https://bitcointalk.org/index.php?topic=1449709.new#new Anyone intrested :D?
[2016-04-24 19:12:27] REKT : Liquidated short on `XBT24H`: Buy 198 @ 456.09
[2016-04-24 19:14:13] habibi : WTF
[2016-04-24 19:14:14] habibi : WTFFFFF
[2016-04-24 19:15:27] REKT : Liquidated short on `XBT24H`: Buy 15315 @ 457.97 **MEGA-REKT** :boom:
[2016-04-24 19:16:37] REKT : Liquidated long on `ETH7D`: Sell 397 @ 0.01789
[2016-04-24 19:20:54] habibi : check stamp guys if u didnt
[2016-04-24 19:27:55] BitMEX_Sam : That's quite a candle
[2016-04-24 19:28:23] mrp1nk : also known as sajcandle
[2016-04-24 19:29:09] habibi : it was saj?
[2016-04-24 19:29:57] mrp1nk : no it was prolly some market buying 2k coins :-)
[2016-04-24 19:31:20] tscha : heyho, finally things happening again
[2016-04-24 19:31:28] tscha : <3 action
[2016-04-24 19:31:32] habibi : tscha: i thought u said btc is dead :D?
[2016-04-24 19:32:47] tscha : I still think so.
[2016-04-24 19:33:14] habibi : eth holder?
[2016-04-24 19:33:46] tscha : Dead in the sense of broken/controlled... I wasn't necessarily referring to trading volume, in fact I always said that volatility will be high next months
[2016-04-24 19:34:20] tscha : yes, but dont know how many, bought a small amount (think 2-3 btc) in january
[2016-04-24 19:34:38] tscha : i dont really trade eth, just bought them for fun
[2016-04-24 19:36:18] habibi : k, thougth u have diffrent attitude back in days, like eth next btc
[2016-04-24 19:38:28] arbitrage001 : finex leading the rally
[2016-04-24 19:38:50] arbitrage001 : dont think the price will stay, as other exhanges are still lagging
[2016-04-24 19:38:50] tscha : eth doesn't really fix bitcoins problems, it also has centralized development.
[2016-04-24 19:47:46] jung1 : so that famous moon is comming?
[2016-04-24 19:48:32] REKT : Liquidated short on `XBT48H`: Buy 16000 @ 465.38 **MEGA-REKT** :boom:
[2016-04-24 19:48:56] jung1 : ouch
[2016-04-24 19:51:01] REKT : Liquidated short on `XBT24H`: Buy 800 @ 464.08
[2016-04-24 19:54:59] sleger : 463.99 on finex, i sell
[2016-04-24 19:55:56] arbitrage001 : polo withdraw normally take how long?
[2016-04-24 19:56:10] arbitrage001 : i am going to get rekt here lol
[2016-04-24 19:59:25] j8 : xbx is $2.50 above okc index, this is unheard of
[2016-04-24 19:59:35] j8 : wake up china
[2016-04-24 19:59:45] mrp1nk : the 7d look cheap imo
[2016-04-24 20:00:16] sleger : well xbx is above all exchanges but finex
[2016-04-24 20:00:35] j8 : and coinbase and bitsamp
[2016-04-24 20:00:37] j8 : bitstamp
[2016-04-24 20:00:41] sleger : xbx is a bit overestimated the real price due to stupid methodology
[2016-04-24 20:00:44] sleger : j8: ?
[2016-04-24 20:01:07] sleger : ok, stamp was at 462 when i typed that
[2016-04-24 20:01:17] sleger : coinbase i dont look at it sorry
[2016-04-24 20:01:39] j8 : that's quite the spread on bitstamp.
[2016-04-24 20:02:04] sleger : stamp is dying anyways
[2016-04-24 20:03:49] j8 : everyone wants leverage
[2016-04-24 20:04:11] sleger : yes, and I want them to use it as much as possible :D
[2016-04-24 20:04:32] REKT : Liquidated short on `XBTU16`: Buy 9979 @ 612.81
[2016-04-24 20:06:15] rapidtrades : sleger got caught with his pants down
[2016-04-24 20:06:54] rapidtrades : okc lending quota reached...whatever that means
[2016-04-24 20:07:02] rapidtrades : so that gap wont be closing anytime soon
[2016-04-24 20:07:11] habibi : happened many times before, even few days ago
[2016-04-24 20:07:12] sleger : that they wont let too many people borrow btc or usd for leverage
[2016-04-24 20:07:27] j8 : they used up all the customer deposits
[2016-04-24 20:07:35] rapidtrades : sleger: rly? is that what i means
[2016-04-24 20:07:39] habibi : private company is lending on okc
[2016-04-24 20:07:56] rapidtrades : i meant more in the sense of there shouldn't be a cap
[2016-04-24 20:08:00] sleger : rapidtrades: they limit the amount of borrow for margin trading yes
[2016-04-24 20:08:15] sleger : i think its quite responsible from their part to put a cap actually
[2016-04-24 20:08:16] rapidtrades : holy shit dude i know...been using it for years
[2016-04-24 20:08:23] rapidtrades : sleger: not really
[2016-04-24 20:08:32] rapidtrades : 1:3 aint that big
[2016-04-24 20:08:53] rapidtrades : we would have to crash to 300 instantly to make them lose
[2016-04-24 20:09:07] sleger : leverage is not the point
[2016-04-24 20:09:29] sleger : its the total $ of borrow that matters because there wouldnt be enough liquidity in case of cascade collapse
[2016-04-24 20:09:39] sleger : so yes i think its smart of them to limit that
[2016-04-24 20:09:57] rapidtrades : not really, leverage creates liquidty both ways
[2016-04-24 20:10:00] sleger : finex also had 2.5 leverage but suffered crazy margin effects
[2016-04-24 20:10:11] rapidtrades : finex has 3 now
[2016-04-24 20:10:12] sleger : cf when price went from 800 to 100
[2016-04-24 20:10:32] sleger : that's what haD means, it means it was the case and isnt anymore
[2016-04-24 20:10:49] rapidtrades : but 2.5 is less...did u mean 25
[2016-04-24 20:11:10] sleger : i mean that even with 2.5x leverage, this can happen
[2016-04-24 20:11:15] rapidtrades : ah
[2016-04-24 20:11:24] sleger : hence my claim that it's a good thing they limit the total $ amount of leverage on their platform
[2016-04-24 20:11:25] rapidtrades : the counter-factual argument
[2016-04-24 20:11:47] rapidtrades : i could argue that the higher leverage brought more stability
[2016-04-24 20:11:59] sleger : because you said "rapidtrades: 1:3 aint that big" im showing that even with less than 3 it can have bad effects
[2016-04-24 20:12:20] sleger : leverage does not bring stability no
[2016-04-24 20:12:51] REKT : Liquidated long on `ETH7D`: Sell 40 @ 0.01733
[2016-04-24 20:13:19] rapidtrades : sleger: got proof or just ur opinion
[2016-04-24 20:13:44] sleger : opinion/logic/well accepted fact
[2016-04-24 20:14:11] rapidtrades : so no then
[2016-04-24 20:14:16] arbitrage001 : leverage and low interest rate rings chaos
[2016-04-24 20:14:24] arbitrage001 : basic fact
[2016-04-24 20:15:25] sleger : rapidtrades: if it looks like shit, smells like it and everyone tells you it is, then dont put your nose in it
[2016-04-24 20:15:35] rapidtrades : very low buying interest on finex
[2016-04-24 20:16:32] REKT : Liquidated long on `XBT24H`: Sell 39612 @ 462.65 **MEGA-REKT** :boom:
[2016-04-24 20:16:42] rapidtrades : i barely got 0.25 filled had to keep lowering
[2016-04-24 20:16:47] habibi : wtf xD
[2016-04-24 20:18:42] rapidtrades : not surprised..there was literally noone buying up there
[2016-04-24 20:19:30] arbitrage001 : i am going to get rekt soon
[2016-04-24 20:19:40] arbitrage001 : if polo keep delaying my withdrwa
[2016-04-24 20:19:50] rapidtrades : f polo
[2016-04-24 20:20:05] arbitrage001 : how long they normally take
[2016-04-24 20:20:07] sleger : arbitrage001: which contract ?
[2016-04-24 20:20:21] arbitrage001 : both june and sept
[2016-04-24 20:20:27] sleger : let me push the price
[2016-04-24 20:20:31] j8 : lol
[2016-04-24 20:20:32] rapidtrades : don't trade at polo yet so idk
[2016-04-24 20:20:33] arbitrage001 : lol
[2016-04-24 20:20:39] arbitrage001 : go go
[2016-04-24 20:20:51] sleger : push up right ?
[2016-04-24 20:21:01] arbitrage001 : pushing price up is easy
[2016-04-24 20:21:22] arbitrage001 : but you wont have liqudity later to close
[2016-04-24 20:21:32] sleger : yes, i will have your rekt
[2016-04-24 20:21:39] rapidtrades : oh shit
[2016-04-24 20:21:43] rapidtrades : its real now
[2016-04-24 20:22:01] arbitrage001 : 50k contract total
[2016-04-24 20:22:03] arbitrage001 : go lol
[2016-04-24 20:22:16] rapidtrades : 50k is a lot
[2016-04-24 20:22:27] sleger : i dont think he would advertise it if true
[2016-04-24 20:22:35] rapidtrades : sleger: do it
[2016-04-24 20:22:50] rapidtrades : arbitrage001 wouldn't lie
[2016-04-24 20:22:51] sleger : cause it would be too easy to push, and bitmex doesnt reverse trades as they claimed so many times
[2016-04-24 20:23:14] rapidtrades : arbitrage001: ur an honest fella right?
[2016-04-24 20:23:38] j8 : sleger: now that you've talked about doing it, someone could sell into you
[2016-04-24 20:24:01] sleger : i also dont really believe it
[2016-04-24 20:24:14] rapidtrades : already down $90 on sept lol...entered it like 2 weeks ago
[2016-04-24 20:24:21] giovannicontini : I often have 50k contract lol
[2016-04-24 20:24:40] rapidtrades : good thing its a ''testing amount''
[2016-04-24 20:24:41] arbitrage001 : vix is low weeks ago
[2016-04-24 20:24:48] rapidtrades : no shit
[2016-04-24 20:24:59] arbitrage001 : so shorting low vix is bad trade
[2016-04-24 20:25:03] habibi : who was selling 2 ~50k contracts around 456.73 and a little higher btw?
[2016-04-24 20:25:23] giovannicontini : Me lol
[2016-04-24 20:25:30] j8 : i enjoyed fomoing into those
[2016-04-24 20:25:50] rapidtrades : srsly finex leading is weird
[2016-04-24 20:26:07] habibi : j8: yea i took one of those asks
[2016-04-24 20:26:08] rapidtrades : and even us market leading is weird
[2016-04-24 20:26:17] habibi : giovannicontini: thanks a lot
[2016-04-24 20:26:26] j8 : morning in china soon
[2016-04-24 20:26:34] rapidtrades : doesn't matter
[2016-04-24 20:26:46] rapidtrades : its not like they wake up and will buy
[2016-04-24 20:26:48] giovannicontini : The fact is 50k is not too much normally, but this platform is quite small
[2016-04-24 20:26:55] rapidtrades : srs traders will have alarms like u and me
[2016-04-24 20:26:58] giovannicontini : So I think I will lower amount a bit
[2016-04-24 20:27:21] rapidtrades : giovannicontini: why are u selling
[2016-04-24 20:27:23] arbitrage001 : giovannicontini: liquidity was better a few months ago
[2016-04-24 20:28:01] rapidtrades : i didn't even get my full 0.25 order filled lol...still have 0.01 left
[2016-04-24 20:28:20] giovannicontini : I dunno, I'm pretty irrational lol
[2016-04-24 20:28:22] rapidtrades : freaking fomoers
[2016-04-24 20:28:52] rapidtrades : giovannicontini: are u rich
[2016-04-24 20:29:05] sleger : define rich...
[2016-04-24 20:29:08] rapidtrades : or just stupid
[2016-04-24 20:30:00] giovannicontini : Maybe stupid?
[2016-04-24 20:30:08] arbitrage001 : rich is when you can buy anything you want
[2016-04-24 20:30:21] arbitrage001 : wealthy is when you can buy the whole world
[2016-04-24 20:30:34] rapidtrades : rich idk....maybe >500k excluding ur primary residence
[2016-04-24 20:30:38] habibi : Sleger The Wealthy Muslim is that type
[2016-04-24 20:30:49] arbitrage001 : so, if you are a simple person with simple need, you are already rich
[2016-04-24 20:31:04] giovannicontini : Then I am rich and stupid lol
[2016-04-24 20:31:11] giovannicontini : But I agree with arbitrage001
[2016-04-24 20:31:23] giovannicontini : Really rich people are happy regardless of what they own
[2016-04-24 20:31:31] rapidtrades : giovannicontini: how did u make ur monies
[2016-04-24 20:32:28] rapidtrades : is okc futures or finex a better short fellas? thoughts?
[2016-04-24 20:32:53] arbitrage001 : here beter short as vix goes up
[2016-04-24 20:33:12] arbitrage001 : i am going to move more btc here this weekk
[2016-04-24 20:33:39] rapidtrades : i said yday not shorting quontos until >500
[2016-04-24 20:33:45] rapidtrades : on spot
[2016-04-24 20:34:09] arbitrage001 : wont short if pa less than 80%
[2016-04-24 20:34:29] rapidtrades : that's a good metric too
[2016-04-24 20:36:40] rapidtrades : sept already at 75%
[2016-04-24 20:37:37] arbitrage001 : yes
[2016-04-24 20:38:02] giovannicontini : rapidtrades: social networks, made equivalent of Italian 9gag
[2016-04-24 20:38:02] arbitrage001 : so even if you lose money this mnth, next few months should still be ok
[2016-04-24 20:38:08] rapidtrades : we're at major resistance now imo....if we break higher shit's gonna blow
[2016-04-24 20:54:38] rapidtrades : sleger: hey what's a good ROI for selling options
[2016-04-24 20:55:23] rapidtrades : i've been doing some backtests and its not looking good on a risk adjusted basis
[2016-04-24 20:55:32] REKT : Liquidated short on `XBTM16`: Buy 23217 @ 520.30 **MEGA-REKT** :boom:
[2016-04-24 20:56:16] rapidtrades : RIP arbitrage001 :(
[2016-04-24 20:57:10] arbitrage001 : lol not me
[2016-04-24 21:01:00] sleger : rapidtrades: that option question does not make sense, it depends what it actually cost you to sell an option
[2016-04-24 21:05:01] rapidtrades : i think it makes perfect sense...how does the typical risk profile look? average roi vs max DD for example
[2016-04-24 21:06:23] sleger : roi means return on investment, what is the "investment" when you sell an option
[2016-04-24 21:06:35] sleger : be back in 10
[2016-04-24 21:07:05] rapidtrades : roi per annum
[2016-04-24 21:08:13] rapidtrades : the figures I'm getting are like 1/10....meaning to make $1000 per annum you'll have to endure a max DD of $10,000
[2016-04-24 21:08:33] rapidtrades : this is only in past 8 years, likely to be worse as u include more data
[2016-04-24 21:21:33] sleger : ok so not ROI, but return over DD
[2016-04-24 21:22:58] sleger : I get something like 1000/2500
[2016-04-24 21:23:07] sleger : over 4-5y
[2016-04-24 21:23:50] sleger : but have you looked at actual capital requirements to short an option ?
[2016-04-24 21:29:38] arbitrage001 : 100 times leverage same as here
[2016-04-24 21:30:09] arbitrage001 : isnt this standard for all broker?
[2016-04-24 21:40:13] j8 : rapidtrades: you got your 80%+ on june, now be a man
[2016-04-24 21:52:32] REKT : Liquidated long on `XBT24H`: Sell 40100 @ 460.80 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-04-24 21:53:02] REKT : Liquidated long on `XBT24H`: Sell 200 @ 460.70
[2016-04-24 21:53:02] REKT : Liquidated long on `XBT24H`: Sell 959 @ 460.77
[2016-04-24 21:59:59] micmix : epic rekt on a long during bull market?
[2016-04-24 22:00:54] habibi : everything is possible with 100x isolated
[2016-04-24 22:04:49] micmix : oh wow, stamp got to $470 today
[2016-04-24 22:05:42] habibi : that and finex buy started that last run
[2016-04-24 22:10:25] j8 : this is heating up
[2016-04-24 22:13:21] micmix : nice, bots made some money today
[2016-04-24 22:16:15] mwalshe99 : 3000 is the key
[2016-04-24 22:16:46] habibi : 1200 is the key :)
[2016-04-24 22:26:58] zanza : that spike
[2016-04-24 22:26:59] zanza : wtf
[2016-04-24 22:35:23] micmix : looks like main MM had to reduce quote size
[2016-04-24 22:45:02] REKT : Liquidated short on `XBT24H`: Buy 10000 @ 465.70
[2016-04-24 22:46:37] mrp1nk : dat 24h bullishness
[2016-04-24 22:46:47] habibi : its short hunting algo :D
[2016-04-24 22:46:58] mrp1nk : hehe
[2016-04-24 22:47:41] mrp1nk : huh
[2016-04-24 22:48:01] REKT : Getting chopped to death is fun, everyone should try it!
[2016-04-24 22:48:01] REKT : Liquidated short on `XBT48H`: Buy 850 @ 469.21
[2016-04-24 22:48:06] miramm1115 : did you like that?
[2016-04-24 22:48:31] mwalshe99 : wow someone just fucked up on xbt daily
[2016-04-24 22:48:42] mwalshe99 : market sell down to 448
[2016-04-24 22:48:48] habibi : where?
[2016-04-24 22:49:00] mrp1nk : miramm1115: not trading the 24h atm
[2016-04-24 22:49:01] habibi : ah k
[2016-04-24 22:49:56] mrp1nk : remembers me of new guy
[2016-04-24 22:50:16] miramm1115 : stop hunting doesn't work here, stops are triggered by mark price
[2016-04-24 22:50:57] miramm1115 : you can lower the mark price but it's expensive
[2016-04-24 22:51:58] mrp1nk : it's enough margin call the isolated 100x positions
[2016-04-24 23:35:21] zanza : also the liquidations are taken over by the house
[2016-04-24 23:41:32] sleger : not sure what you think you mean by that but no they are not
[2016-04-24 23:48:54] 1QaZxSw2 : how would someone "stop hunt" if they could afford it? do you mean dump a bunch of market orders to cause a stop-cascade? wouldn't it be counter productive when it hits a big order on the other side causing whipsaw?
[2016-04-24 23:49:17] 1QaZxSw2 : is stop-hunt anything more than trader mythology?
[2016-04-24 23:51:42] mrp1nk : - / yes / not sure / no
[2016-04-24 23:52:10] sleger : yes
[2016-04-25 01:03:25] fkb : hi
[2016-04-25 01:03:42] STRML : Hi fkb
[2016-04-25 01:31:17] REKT : Liquidated long on `XBT24H`: Sell 1000 @ 462.68
[2016-04-25 01:31:17] REKT : Liquidated long on `XBT24H`: Sell 1000 @ 462.66
[2016-04-25 01:50:32] REKT : Liquidated long on `XBT24H`: Sell 200 @ 461.65
[2016-04-25 01:51:02] REKT : Liquidated long on `XBT24H`: Sell 300 @ 461.23
[2016-04-25 01:51:02] REKT : Liquidated long on `XBT24H`: Sell 202122 @ 460.93 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-04-25 01:51:08] habibi : buhahahaha
[2016-04-25 01:56:02] REKT : Liquidated long on `XBT24H`: Sell 46 @ 459.73
[2016-04-25 02:01:21] rapidtrades : wat
[2016-04-25 02:01:41] rapidtrades : sleger?
[2016-04-25 02:01:55] habibi : nah, some new guy witch bunch of money to loose
[2016-04-25 02:02:09] rapidtrades : that govanni guy?
[2016-04-25 02:02:18] rapidtrades : the social networking guy?
[2016-04-25 02:02:19] habibi : i dont know, was he opening like a md?
[2016-04-25 02:02:30] rapidtrades : he was short initially
[2016-04-25 02:03:22] Swedishnut : 475 by Friday?
[2016-04-25 02:17:35] j8 : this bot on `XBU7D` is really pushing its luck
[2016-04-25 02:18:03] rapidtrades : hwwy
[2016-04-25 02:18:52] rapidtrades : Swedishnut: well well, look at what the vikings dragged in
[2016-04-25 02:19:45] BitMEX_Sam : j8: Even bots have dreams
[2016-04-25 02:20:13] j8 : i hope its dream of $21000 bitcoins comes true
[2016-04-25 02:20:48] rapidtrades : eh?
[2016-04-25 02:27:12] rapidtrades : coinbase 464
[2016-04-25 02:53:15] Bitcoingirl : 30 Sep is $620.37. Can I sell bitcoin for $630.37 each, delivered on 30 Sep?
[2016-04-25 03:03:37] zanza : yes ma'am
[2016-04-25 03:03:38] rapidtrades : its a quanto contract
[2016-04-25 03:04:05] rapidtrades : settled in btc, not deliverable
[2016-04-25 03:04:41] zanza : same thing tho rite?
[2016-04-25 03:05:29] rapidtrades : shorting that contract could expose u to exponential losses, use the calculator if u don't know how quantos work
[2016-04-25 03:26:08] Swedishnut : Glad to see lots of new folks :)
[2016-04-25 04:05:57] zanza : and a grill too swedishnut
[2016-04-25 04:35:45] Abitcoinbrain : how can you sell deliverable btc for spect 30th
[2016-04-25 04:35:53] Abitcoinbrain : sept
[2016-04-25 06:50:42] uiop : i just noticed that nadex has binary options on bitcoin
[2016-04-25 06:50:43] uiop : http://www.nadex.com/trade-bitcoin.html
[2016-04-25 06:54:04] uiop : has anyone talked about this before?
[2016-04-25 06:54:21] uiop : ive never traded binary options though
[2016-04-25 06:54:32] uiop : dunno how bad the spreads are
[2016-04-25 06:54:40] uiop : at nadex
[2016-04-25 06:58:52] REKT : Liquidated long on `XBT48H`: Sell 1000 @ 461.29
[2016-04-25 08:35:06] REKT : Liquidated short on `XBT48H`: Buy 500 @ 463.11
[2016-04-25 09:18:07] REKT : Liquidated long on `XBT24H`: Sell 25 @ 458.70
[2016-04-25 10:50:57] REKT : Liquidated long on `XBT48H`: Sell 5000 @ 459.40
[2016-04-25 11:32:02] REKT : Liquidated long on `XBT7D`: Sell 2011 @ 463.26
[2016-04-25 11:32:02] REKT : Liquidated long on `XBT7D`: Sell 1 @ 463.13 :punch: :whale:
[2016-04-25 11:32:02] REKT : Liquidated long on `XBT7D`: Sell 1500 @ 463.71
[2016-04-25 11:39:07] REKT : Liquidated long on `XBT24H`: Sell 100 @ 456.26
[2016-04-25 11:42:28] rapidtrades : guys
[2016-04-25 11:42:41] habibi : whats up
[2016-04-25 11:43:40] rapidtrades : are we following coinbase?
[2016-04-25 11:43:44] rapidtrades : we're higher then everyone
[2016-04-25 11:44:07] elmorte : What's cracking? Downmoon or wat?
[2016-04-25 12:02:46] j8 : china's been dragging, i think they need to lead the next leg up if it's gonna happen
[2016-04-25 12:05:56] rapidtrades : i have a sneaky suspicssion china will lead soon
[2016-04-25 12:08:43] j8 : i'm ready for it
[2016-04-25 13:17:06] Samirum : j8: I'm alao ready for the dump
[2016-04-25 13:47:40] rapidtrades : Samirum: the only dump will be in ur pants bud
[2016-04-25 13:47:54] rapidtrades : after u get rekted in the rektum
[2016-04-25 13:48:38] mrp1nk : dump?
[2016-04-25 13:48:43] mrp1nk : why so bearish guise
[2016-04-25 13:49:28] mrp1nk : to cite a chat buddy of mine
[2016-04-25 13:49:37] mrp1nk : "5 dollar doom is the name of my emo band"
[2016-04-25 13:49:49] mrp1nk : "They make songs about weak hands"
[2016-04-25 13:50:30] Samirum : rapidtrades: ok
[2016-04-25 13:54:30] rapidtrades : yeah OK, you probably like that don't you
[2016-04-25 13:55:51] mrp1nk : was this mega 202k rekt sledger?
[2016-04-25 13:56:28] mrp1nk : or was it the guy that pushed the 24h 6$ above spot
[2016-04-25 13:58:03] davidjames : our team has insider info for price change with bitcoin
[2016-04-25 14:00:28] mrp1nk : james!
[2016-04-25 14:01:06] rapidtrades : davidjames: f off james
[2016-04-25 14:01:12] rapidtrades : and welcome back
[2016-04-25 14:01:14] rapidtrades : now f off
[2016-04-25 14:01:25] mrp1nk : your are back, tell us more about your magic insider group
[2016-04-25 14:01:27] davidjames : rapidtrades: you fuck off
[2016-04-25 14:02:03] davidjames : rapidtrades: email me and i will make you some money this week
[2016-04-25 14:02:27] rapidtrades : that's EXACTLY what Hitler said
[2016-04-25 14:02:38] BitMEX_Sam : Word for word, I think.
[2016-04-25 14:02:46] sleger : mrp1nk: why would I get rekt ?
[2016-04-25 14:02:50] j8 : not exactly, he said it in german of course
[2016-04-25 14:03:14] davidjames : hitler did not have email
[2016-04-25 14:03:24] mrp1nk : sleger: dunno, but you are one of the few that i assume that are taking that big positions
[2016-04-25 14:03:44] rapidtrades : it was prolly the social networking guy
[2016-04-25 14:03:53] mrp1nk : but i know, sledger the hedger never gets rekt. i was just joking
[2016-04-25 14:04:02] sleger : mrp1nk: but I use small leverage
[2016-04-25 14:04:13] sleger : and dont get rekt
[2016-04-25 14:04:14] rapidtrades : I'll call him Zuckerberg from now on
[2016-04-25 14:04:24] mrp1nk : sleger: may i ask how much?
[2016-04-25 14:04:33] sleger : ~3x
[2016-04-25 14:04:40] mrp1nk : ok, thx.
[2016-04-25 14:04:59] mrp1nk : do you have any book recommendation on hedging? @sleger
[2016-04-25 14:05:42] davidjames : you all are just screwed in this market
[2016-04-25 14:05:53] rapidtrades : sleger: hey so continuing the convo from yday...u mentioned 1000/2500 ratio for annual gain/ max DD....does ur data include 2008?
[2016-04-25 14:06:23] davidjames : have fun borrowing money to make money thats sad
[2016-04-25 14:06:28] davidjames : gay fags
[2016-04-25 14:07:14] mrp1nk : davidjames: lol
[2016-04-25 14:07:38] mrp1nk : davidjames: make at least one call to proof your shshshs secret insider group
[2016-04-25 14:12:30] Samirum : davidjames: what'5
[2016-04-25 14:12:51] Samirum : Prediction for ether
[2016-04-25 14:13:07] REKT : Liquidated long on `ETH7D`: Sell 10 @ 0.01723
[2016-04-25 14:17:19] rapidtrades : jmes bought eth at 0.04
[2016-04-25 14:17:30] rapidtrades : james*
[2016-04-25 14:19:27] Samirum : rapidtrades: he's short
[2016-04-25 14:20:09] mrp1nk : james is a running gag @Samirum
[2016-04-25 14:20:59] mrp1nk : remember remember: "The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact."
[2016-04-25 14:21:16] Samirum : rapidtrades: whats you say on eth, thinking on going long
[2016-04-25 14:21:28] Samirum : mrp1nk: Good advice
[2016-04-25 14:21:44] rapidtrades : still short eth but trading on daily charts here
[2016-04-25 14:24:23] Samirum : rapidtrades: why are you still shorting
[2016-04-25 14:24:56] Samirum : rapidtrades: Where do you think is the bottom
[2016-04-25 14:25:13] mrp1nk : Samirum: 0.007
[2016-04-25 14:25:29] Samirum : mrp1nk: hehe
[2016-04-25 14:26:02] Samirum : mrp1nk: The bottom is 0
[2016-04-25 14:26:15] Samirum : For me
[2016-04-25 14:26:51] rapidtrades : bottom? idk prolly below ripple market cap....maybe above litecoin
[2016-04-25 14:27:23] rapidtrades : so 3x lower then the current price
[2016-04-25 14:28:22] Samirum : rapidtrades: maybe in 3 month it can reach that
[2016-04-25 14:28:43] sleger : rapidtrades: did you look what it takes to short options in terms of capital requirements ?
[2016-04-25 14:28:58] donchard : hello any support there
[2016-04-25 14:29:27] rapidtrades : sleger: i know what it takes, plus i always add wings
[2016-04-25 14:30:15] sleger : if you dont have real money (200k) it wont make sense capital wise
[2016-04-25 14:31:14] rapidtrades : ok tnx for that advice
[2016-04-25 14:36:26] BitMEX_Arthur : donchard: How can we help?
[2016-04-25 14:37:19] donchard : sir i sold xbt24 at 464.87 and am still on losses
[2016-04-25 14:37:56] mrp1nk : BitMEX_Arthur: hey arthur, could u come a second to the whalepool tg group?
[2016-04-25 14:38:57] donchard : BitMEX_Arthur: helo
[2016-04-25 14:44:35] donchard : BitMEX_Arthur: are you there
[2016-04-25 14:44:41] BitMEX_Arthur : Yes
[2016-04-25 14:44:46] BitMEX_Arthur : How can I help
[2016-04-25 14:44:54] mrp1nk : BitMEX_Arthur: i don't want to disclose my identity on tg, but some1 making serious allegations against bitmex.
[2016-04-25 14:45:16] mrp1nk : That's why i asked you to come
[2016-04-25 14:46:18] BitMEX_Arthur : mrp1nk: Thanks for the heads up, we are on top of it
[2016-04-25 14:47:10] mrp1nk : @BitMEX_Arthur: Thanks for coming and commenting the allegations
[2016-04-25 14:47:31] donchard : BitMEX_Arthur: my account say i sold xbt24 at 464 but am on loss
[2016-04-25 14:49:02] sleger : mrp1nk: link ?
[2016-04-25 14:49:17] mrp1nk : https://telegram.me/whalepoolbtc
[2016-04-25 14:49:25] sleger : thanks
[2016-04-25 14:50:39] BitMEX_Arthur : donchard: If you have specific questions about your account trading history please submit a support request, we don't like to discuss your account details over this public chat
[2016-04-25 14:51:26] donchard : what is ur support
[2016-04-25 14:51:30] donchard : contact
[2016-04-25 14:51:37] BitMEX_Arthur : support@bitmex.com
[2016-04-25 14:52:28] donchard : okay
[2016-04-25 14:53:28] BitMEX_Wally : donchard: XBT48H is rebalanced before it becomes XBT24H so you have some realised profit in your wallet already, plus XBT24H has some realised profit but unrealised loss
[2016-04-25 14:53:50] BitMEX_Wally : You can see the XBT48H transaction here: https://www.bitmex.com/app/wallet
[2016-04-25 14:53:57] sleger : i thought that " 10:51 - donchard: what is ur support 10:51 - do"
[2016-04-25 14:54:03] sleger : oops sorry i meant :
[2016-04-25 14:54:19] sleger : i thought that "we don't like to discuss your account details over this public chat"
[2016-04-25 14:56:20] BitMEX_Wally : Yes, we do not discuss details such as quantities, or pnls
[2016-04-25 15:46:36] REKT : Liquidated long on `ETH7D`: Sell 14 @ 0.01700
[2016-04-25 15:47:07] REKT : Liquidated long on `ETH7D`: Sell 270 @ 0.01695
[2016-04-25 15:57:50] mrp1nk : tempted to short the dETH
[2016-04-25 16:03:13] Samirum : mrp1nk: "(-,-)"
[2016-04-25 16:04:06] mrp1nk : Samirum: you long, brah
[2016-04-25 16:04:50] Samirum : mrp1nk: hehe, i'm short from 185
[2016-04-25 16:13:25] mrp1nk : Samirum: nice! free money...
[2016-04-25 16:13:54] MeanReverter : everyone going long 100X margin in bitcoin today?
[2016-04-25 16:14:15] habibi : nah, only u
[2016-04-25 16:15:24] Samirum : mrp1nk: why free, i work for it
[2016-04-25 16:22:13] Samirum : MeanReverter:
[2016-04-25 16:35:26] mathewpk13 : 100x is very risky bro
[2016-04-25 16:36:08] mathewpk13 : and your commission itself will add up to atleast 10%
[2016-04-25 16:37:04] mathewpk13 : If you don't keep a stop loss, a single move can wipe out a very significant portion of your funnds
[2016-04-25 16:37:18] mathewpk13 : @MeanReverter
[2016-04-25 16:37:57] mathewpk13 : MeanReverter: Good luck anway. It is looking bullish for bitcoin today.
[2016-04-25 16:42:58] Samirum : MeanReverter: instead of 100x, you shoutld
[2016-04-25 16:43:11] Samirum : You should trade eth
[2016-04-25 16:53:32] REKT : Liquidated short on `XBT24H`: Buy 5000 @ 463.54
[2016-04-25 16:55:42] Progamer : hi
[2016-04-25 16:56:21] sleger : did you mean ProgRamMer ?
[2016-04-25 16:57:41] REKT : Liquidated short on `XBT24H`: Buy 1750 @ 464.50
[2016-04-25 16:58:12] REKT : Liquidated short on `XBT24H`: Buy 5000 @ 465.10
[2016-04-25 16:58:44] Progamer : shit btc moon
[2016-04-25 16:59:00] sleger : that's going to explode soon indeed
[2016-04-25 16:59:23] habibi : even sleger is bullish, wow
[2016-04-25 16:59:43] sleger : 3000cny is broken soon