BitMEX Trollbox Userinfo

Last admin seen: on UTC
Username of a BitMEX Trollbox User (Case Insensitive)

This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.


Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

<<>>English中文Русский한국어日本語EspañolFrançais
[2016-05-01 21:02:55] cengel : @bitmex_sam Just tried it and works like a charm, thanks and np
[2016-05-01 21:09:17] micmix : maker rebate is a double-edged sword. it's nice to have as an MM but it's not worth it if it decreases trade volume
[2016-05-01 21:10:15] micmix : I would choose no rebate 2x volume any time
[2016-05-01 21:19:11] micmix : I can't justify quoting more than a few coins, not enough taker volume for our algo. It makes more sense to give more money to okc spot MM for stable 2% daily
[2016-05-01 21:21:57] sleger : +1
[2016-05-01 21:24:05] BitMEX_Sam : Understood - thanks for your feedback. Our motivations are the same, we all want the platform to grow. We'll take all of this into consideration as we plan the swap launch and beyond.
[2016-05-01 21:24:48] sleger : maybe 0%MM, 0.03% taker, would be same fee overall as 0kc but with a different structure
[2016-05-01 21:25:26] sleger : or even 0.01%MM, 0.02%taker would be fine with me
[2016-05-01 21:29:55] micmix : I'm ok with 0/0.05 if BitMEX wants to make the same
[2016-05-01 21:30:11] micmix : same % per trade
[2016-05-01 21:40:07] rapidtrades : good evening fellas
[2016-05-01 21:40:53] rapidtrades : I'm NOT okay with lowering the rebate for market making...wtf
[2016-05-01 22:03:34] micmix : rapidtrades: even if it helps to get your orders filled?
[2016-05-01 22:18:56] rapidtrades : fees need to go down...not just re-arranging who pays em...otherwise nothing will change
[2016-05-01 22:20:23] rapidtrades : just see finex...ppl are constantly clogging the bid/ask even tho makers get charged 0.1..theyre not even rebated just pay less
[2016-05-01 22:27:16] micmix : BitMEX_Sam: I can't close or open the trollbox sometimes. Clicking on the title bar or on the titlebar buttons does nothing. Looks like it thinks that I want to drag the trollbox instead of open/close it.
[2016-05-01 22:28:50] micmix : right now it's stuck open and there is nothing I can do
[2016-05-01 22:29:43] micmix : except re-sizing it to make it small
[2016-05-01 22:30:08] donchard : pls will there be contago in the swaps
[2016-05-01 22:33:06] donchard : will we be using the same contago we use in quanto in swaps
[2016-05-01 22:35:05] sleger : the same ? how does that even make sense ?
[2016-05-01 22:36:50] rapidtrades : when the last change was made back in november u guys were all for it...told u the same thing back then, fees are too high
[2016-05-01 22:38:41] sleger : but you cant decide fees overall bitmex sets them to collect what they want, however the maker/taker split we have a say
[2016-05-01 22:38:49] rapidtrades : back then u were saying that the mm rebate will lead to lower spreads so ppl will trade more....now ur saying the opposite
[2016-05-01 22:39:29] sleger : depends on what the taker fee is
[2016-05-01 22:40:39] donchard : i think market makers get rebate
[2016-05-01 22:40:41] rapidtrades : sleger: anything above 0.03% in/out is not competitive
[2016-05-01 22:41:16] rapidtrades : unless they're prepared to go that low....I'd rather keep the current scheme
[2016-05-01 22:41:44] sleger : and micmix and I would rather see 0/0.05
[2016-05-01 22:42:21] rapidtrades : that wouldn't be attractive for me..like at all
[2016-05-01 22:42:55] rapidtrades : if my bids don't get filled here for a credit...i can always fomo on okc
[2016-05-01 22:43:25] rapidtrades : if u can't compete on taker fees, u should keep the rebate imo
[2016-05-01 22:44:12] habibi : just make test week, lower fees overall, if they will lead to higher volume and compesate to bitmex in overall same or higher earning - then its good
[2016-05-01 22:44:35] rapidtrades : ^
[2016-05-01 22:45:01] sleger : that usually doesnt work, because it takes time to attract volume, they would never double the volume (for equal market conditions)
[2016-05-01 22:45:48] rapidtrades : they only thing competitive advantage for bitmex for is arbitrage due to different contracts type and maker rebate
[2016-05-01 22:46:04] rapidtrades : wtf...i killed that comment
[2016-05-01 22:46:25] habibi : but its pretty obvious that at the end of day they will increase volume significantly
[2016-05-01 22:46:30] j8 : i'd prefer 0/0.05, but still i think if you're trying to draw market share the fees need to be at equal or less
[2016-05-01 22:46:45] donchard : rapidtrades: is the per to per swap going to be arbitrage
[2016-05-01 22:46:57] rapidtrades : exactly...dunno how they except to grow with 3x higher fees then their bigger rivals
[2016-05-01 22:47:07] rapidtrades : expect*
[2016-05-01 22:47:15] sleger : its not 3 times, 1.6
[2016-05-01 22:47:29] habibi : + settle fees
[2016-05-01 22:47:32] j8 : yeah we just went through this and i concede ^^ 1.6 times
[2016-05-01 22:47:34] habibi : + *
[2016-05-01 22:47:35] rapidtrades : its 0.05% per side so 0.1%
[2016-05-01 22:47:57] rapidtrades : over 3 actually
[2016-05-01 22:48:11] sleger : there is one maker and one taker per trade dude
[2016-05-01 22:48:40] rapidtrades : right...
[2016-05-01 22:49:52] 11==14 : rapidtrades: am I back ?
[2016-05-01 22:50:00] 11==14 : I felt like an old joke
[2016-05-01 22:50:19] rapidtrades : if i take both ways under current system i pay 0.15%.....under 0/0.05% i would pay 0.1%
[2016-05-01 22:50:38] rapidtrades : the whole point is to encourage taking isn't it?
[2016-05-01 22:51:52] rapidtrades : fees are 1.6 times only if u do 1 maker 1 taker
[2016-05-01 22:53:37] rapidtrades : even that is way too high...the daily should be no more then 0.01% taker
[2016-05-01 22:54:22] rapidtrades : round-turn
[2016-05-01 22:54:53] micmix : maker rebate did produce lower spreads, esp. in the beginning, but that didn't help with volume
[2016-05-01 22:55:18] rapidtrades : micmix: i didn't notice any major reduction in spreads
[2016-05-01 22:55:54] rapidtrades : pretty much always been around 40-50 cents
[2016-05-01 22:57:28] sleger : for 30btc thats not bad
[2016-05-01 22:58:16] rapidtrades : its not 30 btc deep tho...only on ask side
[2016-05-01 22:58:38] rapidtrades : for bid u have to go 30 cents lower
[2016-05-01 22:59:54] rapidtrades : pretty much same liquidty i see now on okc...at lower fees
[2016-05-01 23:00:18] rapidtrades : 10/50 with about 150 contarcts each side
[2016-05-01 23:07:13] micmix : spread was 0.1%-0.15% last year, it's about 0.05%-0.075% now on 24h
[2016-05-01 23:07:37] rapidtrades : i still see 0..1%
[2016-05-01 23:08:04] rapidtrades : its 40 cents most of the time
[2016-05-01 23:08:31] micmix : it got worse lately
[2016-05-01 23:09:09] rapidtrades : ....like i said that;s pretty much the average for anything above few hundred contracts
[2016-05-01 23:09:29] rapidtrades : maybe u have better data idk but that's what ive been seeing
[2016-05-01 23:09:36] j8 : most of the bots aren't even using post-only orders, even on XBU7D they're making it at taker spread
[2016-05-01 23:11:27] sleger : my bot takes 1/3 of the time
[2016-05-01 23:11:47] sleger : i still pay commissions
[2016-05-01 23:14:04] micmix : BitMEX_Wally has better data, he can check average spreads based on impact bid/ask price
[2016-05-01 23:14:59] micmix : I'm not sure what other bots are doing but I have to increase the spread if volume is low to compensate the risk of getting stuck in bad position
[2016-05-01 23:44:30] micmix : plus there is very little competition, only main MM on most contracts, couple more on 24h and 7d
[2016-05-02 00:00:24] BombaUcigasa : So Trailing Stop Market works only on buy mode?
[2016-05-02 00:35:05] gaoMex : Hi guys! Simple question: How to capture fair basis for quanto contracts?
[2016-05-02 00:35:31] gaoMex : For inverse, it's simply buying spot and selling futures, I know. For quanto, how?
[2016-05-02 00:40:08] sleger : that's not a simple question
[2016-05-02 00:43:58] sleger : you cant just capture the basis without risk is the answer
[2016-05-02 00:52:47] gaoMex : sleger: I see, Sleger. But for inverse, it's so straightforward and relatively risk-free
[2016-05-02 00:53:06] gaoMex : For quanto, why not simple?
[2016-05-02 01:04:18] sleger : you should read arthur's lessons
[2016-05-02 01:09:33] gaoMex : I have but i dont think it answer my question: how to capture basis for quanto contracts
[2016-05-02 01:10:17] gaoMex : it talks more about volatility and how to gain based on foreseen volatility
[2016-05-02 01:11:30] gaoMex : so now might be a good time to buy longer-dated contracts and short shorter dated ones if u think btc will go crazy in the next couple months, for example
[2016-05-02 01:11:51] gaoMex : as basis rate will rise
[2016-05-02 01:12:05] gaoMex : but how to capture this basis is my question
[2016-05-02 02:03:21] REKT : Liquidated short on `ETH7D`: Buy 245 @ 0.01994
[2016-05-02 02:55:36] REKT : Liquidated short on `ETH7D`: Buy 12 @ 0.02055
[2016-05-02 03:22:00] mjones : i hate when the bots take down all orders on ETH. spread goes crazy like 0.01999 - 0.0207
[2016-05-02 03:39:36] REKT : Liquidated long on `ETH7D`: Sell 50 @ 0.02013
[2016-05-02 04:08:51] REKT : Liquidated short on `ETH7D`: Buy 300 @ 0.02046
[2016-05-02 04:20:04] viptrader : ETH DUMPPPPPPPPPPPPPPPP
[2016-05-02 04:28:20] mjones : eth been playing games for a few hours now
[2016-05-02 07:25:17] habibi : BitMEX_Sam: what u think ? http://www.drcraigwright.net/jean-paul-sartre-signing-significance/
[2016-05-02 07:39:51] REKT : Liquidated long on `XBT24H`: Sell 880 @ 449.91
[2016-05-02 07:40:31] REKT : Liquidated long on `XBT7D`: Sell 2000 @ 451.21
[2016-05-02 07:43:06] rapidtrades : guys...we're frozen again
[2016-05-02 07:51:01] habibi : so lets start satoshi is known panic
[2016-05-02 07:51:51] REKT : Liquidated long on `XBT24H`: Sell 500 @ 448.29
[2016-05-02 07:57:02] REKT : Liquidated long on `XBT48H`: Sell 807 @ 449.73
[2016-05-02 07:58:02] REKT : Liquidated long on `XBTM16`: Sell 2000 @ 488.60
[2016-05-02 07:58:02] REKT : Liquidated long on `XBTM16`: Sell 3195 @ 489.96
[2016-05-02 07:58:02] REKT : Liquidated long on `XBTM16`: Sell 14 @ 489.38
[2016-05-02 07:58:02] REKT : HODL HODL HODL!
[2016-05-02 07:59:21] dorothy490 : XBT48 lower than 24
[2016-05-02 07:59:25] dorothy490 : doom ahead!
[2016-05-02 08:01:02] REKT : Liquidated long on `XBT24H`: Sell 2800 @ 447.87
[2016-05-02 08:01:11] REKT : Liquidated long on `XBT24H`: Sell 10 @ 447.26
[2016-05-02 08:01:17] REKT : Liquidated long on `XBTM16`: Sell 124 @ 482.09
[2016-05-02 08:01:17] REKT : Liquidated long on `XBT48H`: Sell 6000 @ 447.33
[2016-05-02 08:01:48] REKT : Liquidated long on `XBTM16`: Sell 78 @ 481.59
[2016-05-02 08:01:51] REKT : Liquidated short on `ETH7D`: Buy 2 @ 0.02073 :punch: :whale:
[2016-05-02 08:01:57] REKT : Liquidated long on `XBTM16`: Sell 750 @ 481.23
[2016-05-02 08:01:57] REKT : Liquidated long on `XBTM16`: Sell 5 @ 481.25
[2016-05-02 08:02:36] REKT : Liquidated short on `ETH7D`: Buy 111 @ 0.02088
[2016-05-02 08:02:36] REKT : Liquidated short on `ETH7D`: Buy 100 @ 0.02090
[2016-05-02 08:02:51] REKT : Liquidated long on `XBT7D`: Sell 128 @ 446.82
[2016-05-02 08:02:51] REKT : Liquidated long on `XBT7D`: Sell 2000 @ 446.77
[2016-05-02 08:09:00] BitMEX_Wally : habibi: That blog post says `All of the information that is required to import the public key, the message and the message signature used in this post is available on this post.` yet does not actually provide the files
[2016-05-02 08:09:24] BitMEX_Wally : `All of the information that is required to import the public key, the message and the message signature used in this post is available on this post.`
[2016-05-02 08:09:39] BitMEX_Wally : `I could have simply signed a message in electrum as I did in private sessions. Loading such a message would have been far simpler. I am known for a long history of “being difficult” and disliking being told what “I need to do”. The consequence of all of this is that I will not make it simple.`
[2016-05-02 08:09:40] habibi : BitMEX_Wally: sorry wrong link, http://gavinandresen.ninja/satoshi
[2016-05-02 08:09:48] BitMEX_Wally : Yeah so difficult it is impossible to verify..
[2016-05-02 08:10:34] habibi : what u think about gavin reliability
[2016-05-02 08:12:01] BitMEX_Wally : Until I can verify a signed message using the private key from block 1 or block 9 I am skeptical
[2016-05-02 08:12:51] arbitrage001 : i am the real satoshi
[2016-05-02 08:13:01] arbitrage001 : please pay me tribute
[2016-05-02 08:13:09] rapidtrades : i got 0.13 btc arb in....f hate these markets
[2016-05-02 08:14:57] tscha : gavin has absolutely no reason to lie about this
[2016-05-02 08:15:00] tscha : this is pretty sick
[2016-05-02 08:15:10] arbitrage001 : i have no reason to lie also
[2016-05-02 08:16:05] tscha : gavin has a reason not to lie though, you don't
[2016-05-02 08:19:37] rapidtrades : that the Aussie guy riight?
[2016-05-02 08:19:43] rapidtrades : i think its him too
[2016-05-02 08:20:00] arbitrage001 : mean 1m bitcoin to be liuadate soon
[2016-05-02 08:20:06] arbitrage001 : hence value dropping
[2016-05-02 08:20:19] tscha : but on the other hand, it doesn't make any sense for this Dr. Wright to "prove" his identity the way he did. So I am not 100% convinced
[2016-05-02 08:20:26] rapidtrades : nah eth up, bitcoin down
[2016-05-02 08:20:38] rapidtrades : arbitrage001:
[2016-05-02 08:22:43] rapidtrades : also he didn't sell last time we got ''unmasked''
[2016-05-02 08:26:34] zanza : its legit
[2016-05-02 08:26:39] zanza : hes owns a supercomputer
[2016-05-02 08:27:02] arbitrage001 : i own several supercomputer
[2016-05-02 08:27:15] rapidtrades : i own a dildo
[2016-05-02 08:28:38] rapidtrades : http://www.bbc.com/news/technology-36168863
[2016-05-02 08:31:18] rapidtrades : says he doesn't want the money.....BUY BUY BUY
[2016-05-02 08:32:38] zanza : he signed block 9
[2016-05-02 08:32:41] zanza : its legit folks
[2016-05-02 08:33:50] rapidtrades : i'm scared :(
[2016-05-02 08:35:35] zanza : realistically this probably wont effect price
[2016-05-02 08:37:50] arbitrage001 : the price dropping indicate otherwise
[2016-05-02 08:38:12] rapidtrades : eth is up yo
[2016-05-02 08:38:24] rapidtrades : did u miss the 25% spike saturday
[2016-05-02 08:38:31] zanza : its just confusion, the price may change
[2016-05-02 08:38:38] arbitrage001 : what rule said btc must go down for eth to ggo up
[2016-05-02 08:38:39] zanza : but there isn't a real reason for it
[2016-05-02 08:39:01] rapidtrades : arbitrage001: this shitcoin rules everything until it crashes
[2016-05-02 08:39:08] rapidtrades : it has too big market cap atm
[2016-05-02 08:40:34] arbitrage001 : polo interest is up the roof
[2016-05-02 08:40:47] arbitrage001 : might need to move btc there again
[2016-05-02 08:41:22] Myros27 : How can I set the selling price manually ?
[2016-05-02 08:41:58] habibi : click on left up corner on "market" <- order
[2016-05-02 08:42:01] habibi : choose limit
[2016-05-02 08:42:49] Myros27 : Perfectly thanks you
[2016-05-02 08:49:32] REKT : Liquidated long on `XBT24H`: Sell 90 @ 445.61
[2016-05-02 08:49:52] REKT : Liquidated long on `XBT24H`: Sell 80 @ 445.29
[2016-05-02 08:49:52] REKT : Liquidated long on `XBT7D`: Sell 2000 @ 446.19
[2016-05-02 08:49:52] REKT : Liquidated long on `XBT24H`: Sell 8460 @ 445.21
[2016-05-02 08:50:03] REKT : Liquidated long on `XBT7D`: Sell 6000 @ 445.52
[2016-05-02 08:50:03] REKT : Liquidated long on `XBT24H`: Sell 2000 @ 444.70
[2016-05-02 08:50:03] REKT : Liquidated long on `XBTM16`: Sell 2500 @ 479.34
[2016-05-02 08:50:03] REKT : Liquidated long on `XBT48H`: Sell 1090 @ 444.14
[2016-05-02 08:51:02] REKT : Liquidated long on `XBTU16`: Sell 4409 @ 566.41
[2016-05-02 08:51:33] Myros27 : hm
[2016-05-02 08:51:35] Myros27 : wasn los?
[2016-05-02 08:51:45] Myros27 : whats going on?
[2016-05-02 08:53:05] arbitrage001 : satoshi bringing down btc
[2016-05-02 08:55:34] Myros27 : hm?
[2016-05-02 08:56:17] jojojoj : australian claim to be satoshi, pseudoanonimous
[2016-05-02 08:57:57] Myros27 : He can prove it on technical tools . is it bad?
[2016-05-02 08:58:40] rapidtrades : US is panicking
[2016-05-02 08:58:47] habibi : us is sleeping :p
[2016-05-02 08:58:49] habibi : wait for them
[2016-05-02 08:59:32] REKT : Liquidated long on `XBTU16`: Sell 100 @ 562.57
[2016-05-02 08:59:32] REKT : Next stop - goblin town!
[2016-05-02 08:59:32] REKT : Liquidated long on `XBT7D`: Sell 7500 @ 443.42
[2016-05-02 08:59:46] Myros27 : do you think this is a bad day for bitcoins?
[2016-05-02 08:59:57] habibi : if u short, it can be good
[2016-05-02 09:00:32] REKT : Liquidated long on `XBTU16`: Sell 1000 @ 560.86
[2016-05-02 09:00:34] arbitrage001 : i am a huge shorter
[2016-05-02 09:01:52] REKT : Liquidated short on `ETH7D`: Buy 100 @ 0.02207
[2016-05-02 09:05:32] REKT : Liquidated long on `XBTU16`: Sell 16300 @ 552.12 **MEGA-REKT** :boom:
[2016-05-02 09:05:32] REKT : Liquidated long on `XBTU16`: Sell 2000 @ 556.49
[2016-05-02 09:05:32] REKT : Liquidated long on `XBTU16`: Sell 5 @ 552.59
[2016-05-02 09:08:07] REKT : Liquidated long on `XBTU16`: Sell 500 @ 546.82
[2016-05-02 09:08:19] habibi : dpe
[2016-05-02 09:08:22] REKT : Liquidated long on `XBT24H`: Sell 500 @ 439.31
[2016-05-02 09:08:22] REKT : Liquidated long on `XBTM16`: Sell 38 @ 474.44
[2016-05-02 09:08:22] REKT : Liquidated long on `XBTM16`: Sell 1200 @ 473.82
[2016-05-02 09:08:26] REKT : Liquidated long on `XBT24H`: Sell 1990 @ 438.53
[2016-05-02 09:11:21] REKT : Liquidated short on `ETH7D`: Buy 185 @ 0.02245
[2016-05-02 09:12:52] REKT : Liquidated short on `ETH7D`: Buy 372 @ 0.02250
[2016-05-02 09:14:51] REKT : Liquidated short on `ETH7D`: Buy 30 @ 0.02258
[2016-05-02 09:15:03] REKT : Liquidated long on `XBTM16`: Sell 10 @ 468.63
[2016-05-02 09:15:03] REKT : Liquidated long on `XBTM16`: Sell 928 @ 471.42
[2016-05-02 09:15:03] REKT : Liquidated long on `XBTM16`: Sell 10 @ 466.00
[2016-05-02 09:15:03] REKT : Liquidated long on `XBTM16`: Sell 22084 @ 466.21 **MEGA-REKT** :boom:
[2016-05-02 09:16:08] haxmb : lol mega-rekt
[2016-05-02 09:16:13] migz : WTH
[2016-05-02 09:16:42] rapidtrades : its a full blown panic boys
[2016-05-02 09:16:52] miramm1115 : https://www.reddit.com/r/Bitcoin/comments/4hflr3/craig_wrights_signature_is_worthless/
[2016-05-02 09:17:18] podizzle3k : his signature is worthless! panic!
[2016-05-02 09:18:58] BitMEX_Wally : miramm1115: As I suspected
[2016-05-02 09:20:07] miramm1115 : but he fooled Gavin somehow
[2016-05-02 09:20:29] rapidtrades : none of this matters u realise that right
[2016-05-02 09:20:55] miramm1115 : volatility matters a big deal if you want to make money
[2016-05-02 09:21:32] rapidtrades : plz pleb
[2016-05-02 09:24:16] REKT : Liquidated long on `ETH7D`: Sell 130 @ 0.02238
[2016-05-02 09:27:30] arbitrage001 : rapidtrades: it matters a lot
[2016-05-02 09:28:05] arbitrage001 : rapidtrades: i closed out all my june short contracts with this drop
[2016-05-02 09:29:13] rapidtrades : not worried....just did some arbs
[2016-05-02 09:29:32] rapidtrades : actually been doing em for past hour
[2016-05-02 09:29:59] arbitrage001 : poor slegar missing out all this actions
[2016-05-02 09:31:36] rapidtrades : more $$$ for us amirite
[2016-05-02 09:34:51] REKT : Liquidated short on `ETH7D`: Buy 1 @ 0.02317 :punch: :whale:
[2016-05-02 09:35:22] rapidtrades : isn't finex leverage 3/1?
[2016-05-02 09:35:34] rapidtrades : doesn't allow me to buy more
[2016-05-02 09:38:06] rapidtrades : im at like 2.7 or smth
[2016-05-02 09:53:06] REKT : Liquidated long on `XBT24H`: Sell 80 @ 439.74
[2016-05-02 09:53:21] REKT : Liquidated short on `ETH7D`: Buy 51 @ 0.02305
[2016-05-02 09:54:19] tscha : miramm1115: why do you think he fooled Gavin?
[2016-05-02 09:54:35] miramm1115 : tscha: http://gavinandresen.ninja/satoshi
[2016-05-02 09:54:40] tscha : I read that
[2016-05-02 09:55:07] REKT : Liquidated long on `XBTU16`: Sell 9 @ 542.90
[2016-05-02 09:55:24] miramm1115 : Gavin says: I witnessed the keys signed and then verified on a clean computer that could not have been tampered with
[2016-05-02 09:55:40] tscha : Yes, I read that.
[2016-05-02 09:56:25] tscha : And that is the reason why he thinks Wright is Satoshi - NOT because of some blogpost Wright made.
[2016-05-02 09:56:38] tscha : These are two entirely different things
[2016-05-02 09:56:39] rapidtrades : link me to the new index guys
[2016-05-02 09:57:36] miramm1115 : tscha: so blogpost has junk signatures but Gavin saw the real thing? sounds a bit fishy
[2016-05-02 09:57:59] rapidtrades : u know what's fishy? not linking me to the index
[2016-05-02 09:58:02] miramm1115 : rapidtrades: https://kaiko.com/bitmex
[2016-05-02 09:58:48] tscha : miramm1115: Gavin said he *witnessed* him signing messages on an untampered computer. This leaves two options, 1) Gavin is not competent enough to recognize cryptographic evidence or 2) Gavin is lying
[2016-05-02 09:58:56] rapidtrades : how lagging is the index
[2016-05-02 09:58:57] habibi : https://twitter.com/petertoddbtc/status/727072946766921728
[2016-05-02 09:59:01] tscha : 1) can be ruled out for sure, and 2) is extremely unlikely
[2016-05-02 09:59:09] rapidtrades : STOP SPAMMING NONSENSE
[2016-05-02 09:59:13] rapidtrades : noone cares
[2016-05-02 09:59:26] tscha : or 3), Gavins blog was hacked :D
[2016-05-02 10:00:36] REKT : Liquidated long on `ETH7D`: Sell 511 @ 0.02241
[2016-05-02 10:00:41] rapidtrades : the index confuses me...says it uses like 10 diff sites
[2016-05-02 10:00:55] rapidtrades : i thought it was 5 with fixed monthly weights
[2016-05-02 10:01:02] miramm1115 : yeah, hard to say. I just can't think of any reason for Wright to post junk signature on his blog if he's the real deal
[2016-05-02 10:01:33] miramm1115 : I can't imagine Satoshi having a blog at all :-)
[2016-05-02 10:01:52] miramm1115 : rapidtrades: scroll down, you'll see the weights, it's only 3 exchanges
[2016-05-02 10:01:59] tscha : Yeah that's a bit weird. But if Gavin says he witnessed it in persona, it is very very likely this really is Satoshi.
[2016-05-02 10:02:35] habibi : look at his twitter, totally diffrent topic added hour ago, looks suspicious
[2016-05-02 10:02:43] rapidtrades : ok so we're 50% finex
[2016-05-02 10:03:29] miramm1115 : rapidtrades: you can assume it's finex, it's following finex very closely most of the time
[2016-05-02 10:03:45] rapidtrades : nice
[2016-05-02 10:04:04] rapidtrades : could've use that info 30 mins AGO but whatever
[2016-05-02 10:04:41] miramm1115 : rapidtrades: you should've asked instead of calling me pleb ;-)
[2016-05-02 10:05:14] rapidtrades : i was too buys figuring out why finex 3/1 leverage isn't actually 3.1
[2016-05-02 10:05:53] miramm1115 : habibi: do you mean Gavin's twitter?
[2016-05-02 10:06:00] habibi : yep
[2016-05-02 10:07:13] rapidtrades : stamp really shouldn't be in there, it follows finex too much
[2016-05-02 10:09:30] rapidtrades : still better then the crap we had earlier with itibity and that other X shit
[2016-05-02 10:10:12] habibi : thats why i like it, just looking at finex and sometimes at okc usd and its good
[2016-05-02 10:14:33] rapidtrades : ok i think we've stabilized...u can continue that worthless discussion
[2016-05-02 10:17:32] rapidtrades : about the wright brothers
[2016-05-02 10:17:56] habibi : rapidtrades: talking to me?
[2016-05-02 10:18:26] rapidtrades : core team members say gavin could've been hacked?
[2016-05-02 10:19:14] rapidtrades : they removed his commit access
[2016-05-02 10:19:15] habibi : maybe, lets end this worthless discucion :]
[2016-05-02 10:22:17] rapidtrades : yeah its pretty worthless
[2016-05-02 10:22:42] arbitrage001 : anyone bbuyingg sep contract?
[2016-05-02 10:22:54] arbitrage001 : wish to long when vix is low?
[2016-05-02 10:25:05] rapidtrades : nope
[2016-05-02 10:26:21] habibi : 450 was nice buy
[2016-05-02 10:26:46] habibi : ah only 2550 contracts, nvm
[2016-05-02 10:32:45] rapidtrades : dam it traded that low?
[2016-05-02 10:33:24] habibi : jun, yea
[2016-05-02 10:33:31] rapidtrades : i see 451.5
[2016-05-02 10:33:53] habibi : 450.21 2550 11:09:50 S
[2016-05-02 10:34:15] rapidtrades : ah
[2016-05-02 10:34:37] rapidtrades : lucky cunt
[2016-05-02 10:34:40] arbitrage001 : which contracct
[2016-05-02 10:34:45] rapidtrades : june
[2016-05-02 10:34:57] arbitrage001 : i bbought the mea rekt
[2016-05-02 10:35:07] arbitrage001 : 28k of it
[2016-05-02 10:35:10] rapidtrades : where
[2016-05-02 10:35:12] arbitrage001 : to close out
[2016-05-02 10:35:37] arbitrage001 : 2016-05-02 17:17:02
[2016-05-02 10:35:46] arbitrage001 : 28526
[2016-05-02 10:37:58] rapidtrades : what price jew
[2016-05-02 10:39:15] arbitrage001 : 464.88
[2016-05-02 10:39:24] arbitrage001 : not as good as 451
[2016-05-02 10:39:38] arbitrage001 : but i need 8k contract
[2016-05-02 10:39:43] arbitrage001 : 28k
[2016-05-02 11:01:02] REKT : Liquidated short on `XBT24H`: Buy 100 @ 443.46
[2016-05-02 11:25:51] krach : Chop Suey
[2016-05-02 12:03:03] rapidtrades : much selling
[2016-05-02 12:08:37] mrp1nk : yeah, full fud mode
[2016-05-02 12:08:51] rapidtrades : still selling? this is not wright
[2016-05-02 12:09:03] mrp1nk : lel
[2016-05-02 12:10:26] mrp1nk : not sure if bottom is in
[2016-05-02 12:15:01] rapidtrades : prolly bottom in now but we'll see
[2016-05-02 13:50:09] pixel : wait i just set up an account to find out they can service the us?
[2016-05-02 13:55:04] rapidtrades : if u meant to type ''can't'' then your statement is correct
[2016-05-02 13:56:02] mrp1nk : https://news.ycombinator.com/item?id=11609611
[2016-05-02 14:07:54] habibi : https://www.reddit.com/r/btc/comments/4hfyyo/gavin_can_you_please_detail_all_parts_of_the/d2plygg
[2016-05-02 14:16:52] PsychoMantis : Anyone thinks ETH will go higher?
[2016-05-02 14:17:01] laisee : bitcoin was a serious, great idea once ... now its becoming something of a joke.
[2016-05-02 14:18:42] sleger : isnt this craig guy allows to touch the coins soon (and he wasnt until now) ?
[2016-05-02 14:30:37] laisee : sleger: if he moves 1M coins I will beleive he was or knew the real Satoshi
[2016-05-02 14:35:02] REKT : Liquidated long on `XBT24H`: Sell 11680 @ 441.20
[2016-05-02 14:35:02] REKT : Liquidated long on `XBT24H`: Sell 300 @ 440.74
[2016-05-02 14:43:55] podizzle3k : is the site lagging or just me
[2016-05-02 14:47:42] wurstgelee : you i guess
[2016-05-02 14:47:45] wurstgelee : fine for me
[2016-05-02 14:48:51] podizzle3k : so its everyone
[2016-05-02 14:48:51] podizzle3k : thx
[2016-05-02 15:37:39] BitMEX_Sam : The Wright thing just gets weirder
[2016-05-02 15:37:40] BitMEX_Sam : https://www.reddit.com/r/btc/comments/4hfyyo/gavin_can_you_please_detail_all_parts_of_the/d2poy67
[2016-05-02 15:40:39] habibi : BitMEX_Sam: nope -> https://www.reddit.com/r/Bitcoin/comments/4hhreq/how_craig_constructed_the_message_that_he_signed/
[2016-05-02 15:41:02] BitMEX_Sam : Well, two different things, habibi
[2016-05-02 15:41:12] BitMEX_Sam : The comment I posted is about how he might have fooled Gavin in person
[2016-05-02 15:41:18] BitMEX_Sam : The one you posted is about the sig he made public.
[2016-05-02 15:41:48] habibi : thought gavin was fooled in same way, nvm then
[2016-05-02 16:06:54] tscha : BitMEX_Sam: your link is about Wright's blog post
[2016-05-02 16:08:25] tscha : Gavin used Electrum for verification
[2016-05-02 16:09:04] BitMEX_Sam : It's about Gavin's blog post, where he says that he was satisfied by the in-person verification
[2016-05-02 16:09:12] BitMEX_Sam : Which opens up a whole host of questions
[2016-05-02 16:09:26] BitMEX_Sam : But you may be right, they may not have run that shell script at all
[2016-05-02 16:10:49] tscha : He didn't.
[2016-05-02 16:11:17] tscha : Gavin* didn't run this script*.
[2016-05-02 16:11:32] tscha : oops, damn markup
[2016-05-02 16:11:37] BitMEX_Sam : Well, we don't know that, all he said was that there was a "clean laptop" with a "clean install of electrum" that he wasn't allowed to keep - but then, whose was it?
[2016-05-02 16:11:49] BitMEX_Sam : And how do we have any idea if it was actually clean?
[2016-05-02 16:12:09] BitMEX_Sam : And more to the point, in a community centered around zero-trust transactions based on crypto, why is he asking us to trust him based on his word alone? Just release the signature.
[2016-05-02 16:12:31] tscha : He will, I think.
[2016-05-02 16:12:56] BitMEX_Sam : We'll see. The faked signature from Wright is not encouraging
[2016-05-02 16:15:48] tscha : He never claimed that this signature serves as a proof. That blog post was weird though, think he kinda wanted to provide a "tutorial" and failed epically.
[2016-05-02 16:16:37] BitMEX_Sam : I find it hard to believe that Satoshi runs windows and can't create basic running shell scripts
[2016-05-02 16:16:54] BitMEX_Sam : Or that he would find it necessary to tell Bitcoin users how hashing works
[2016-05-02 16:17:29] BitMEX_Wally : The blog post is deliberately 'difficult' so as to fool journalists
[2016-05-02 16:17:33] tscha : Well, it was clear Bitcoin users would be disappointed when seeing Satoshi being just a human like the rest of us
[2016-05-02 16:17:39] BitMEX_Wally : If it was meant to be a tutorial why not just use `bitcoin-cli signmessage 1DiWX6p3FdHPZqN88vMeGVXSwAQ1h7BeVj 'Hello world!'`
[2016-05-02 16:18:23] laisee : bitcoin is becoming a joke with non-scalable technology and silly stories like wrights.
[2016-05-02 16:18:27] BitMEX_Sam : He certainly succeeded in fooling them, google searches are showing so many news orgs printing this as fact
[2016-05-02 16:18:43] BitMEX_Sam : Clearly journalism is more about clickbait than investigation these days
[2016-05-02 16:18:44] BitMEX_Wally : Then `bitcoin-cli verifymessage "1D1ZrZNe3JUo7ZycKEYQQiQAWd9y54F4XZ" "signature" "my message"`
[2016-05-02 16:19:22] BitMEX_Sam : Yep. Just sign a message saying "Satoshi is Craig Wright". Simple, to the point. Instead he rambled for 3000 words about nothing
[2016-05-02 16:19:51] laisee : wake me up when 1M coins get moved.
[2016-05-02 16:19:53] BitMEX_Wally : And didn't even provide any signatures other than 1 he stole from the blockchain
[2016-05-02 16:20:58] BitMEX_Sam : It's garbage through and through. Sad to see so many reputable orgs fall for it
[2016-05-02 16:21:50] BitMEX_Sam : The real question is: what's his motive? Just short-lived fame? One hypothesis I saw was that he's trying to dupe investors into giving him some quick cash, but I can't imagine that would work as this will be so quickly debunked.
[2016-05-02 16:22:34] sleger : at least we know eth is run by someone who is older than 15 !
[2016-05-02 16:26:03] tscha : Gavin said he witnessed him signing on an untampered machine, so I seriously doubt that this guy is not Satoshi.
[2016-05-02 16:28:11] daveberns1 : WOW, forward premium has completely evaporated
[2016-05-02 16:28:12] tscha : It's possible, but very unlikely.
[2016-05-02 16:29:03] daveberns1 : for now at least
[2016-05-02 16:29:15] j8 : that's putting a lot of faith in gavin, when there's clearly a lot of holes in the story
[2016-05-02 16:29:30] BitMEX_Sam : I don't know - I want to believe Gavin is being truthful, but if he is, he could not have picked a less believable way to tell this story
[2016-05-02 16:30:34] tscha : Do you guys believe Gavin is not telling the truth?
[2016-05-02 16:31:15] BitMEX_Sam : We'll see, but I am extremely skeptical
[2016-05-02 16:31:28] habibi : other that or he was simple fooled by craig
[2016-05-02 16:32:14] j8 : my starting point is not believing one person's word, given that there's so little direct evidence for, and quite a bit of direct evidence against
[2016-05-02 16:32:17] BitMEX_Sam : Verifying ownership of private keys is the cornerstone of how Bitcoin operates - how could the two of them have screwed that up so badly unless they were being deliberately misleading
[2016-05-02 16:34:08] j8 : yeah, there's no question about how to prove it in a simple noncontroversial way
[2016-05-02 16:35:26] BitMEX_Sam : One interesting twist is that even if he does sign a message with Block #1's key, that may not prove he's Satoshi - would need to be Block #0
[2016-05-02 16:35:38] tscha : I agree it is not logical to do it that way, but IMHO thinking that Gavin is not telling the truth is the much less likely alternative.
[2016-05-02 16:36:16] tscha : There might have been a MITM attack on the network he downloaded the software in London, but again.... very unlikely
[2016-05-02 16:36:20] BitMEX_Sam : I don't know... stranger things have happened in Bitcoinland
[2016-05-02 16:36:45] BitMEX_Sam : You have to admit... if the goal was to fool reporters & the community for a few days, this is *exactly* the playbook given you don't actually have the privkeys
[2016-05-02 16:36:48] tscha : That is true indeed. I just hope we can verify it ourselves in the following days.
[2016-05-02 16:37:19] BitMEX_Sam : Wright's blog post is 95% technobabble and 5% gloating, no actual content.
[2016-05-02 16:37:41] j8 : yeah seriously, wtf was that
[2016-05-02 16:38:25] BitMEX_Sam : (I also don't believe for a second that the real Satoshi runs WIndows)
[2016-05-02 16:38:33] tscha : Yeah. It is super sketchy and makes zero sense. Wrights blogpost is bullshit and he is a weirdo after all. But then again it's Gavin... I'd say 75% Satoshi, 25% not.
[2016-05-02 16:39:30] j8 : so you just trust gavin even though it makes zero sense
[2016-05-02 16:39:30] tscha : Well, in the mind of bitcoiners, Satoshi is an impeccable coding god. I don't think that this is the reality.
[2016-05-02 16:40:37] BitMEX_Sam : How does that affect this?
[2016-05-02 16:41:17] tscha : "(I also don't believe for a second that the real Satoshi runs WIndows)"
[2016-05-02 16:41:45] BitMEX_Sam : Not running Windows doesn't make you a coding god...
[2016-05-02 16:42:00] BitMEX_Sam : However, it does make very simple things difficult, especially if you're developing an application like Bitcoin Core
[2016-05-02 16:42:03] tscha : I know, but it's the general perception of Satoshi
[2016-05-02 16:42:04] mrp1nk : BitMEX_Sam: "fool reporters & the community" why/cui bono?
[2016-05-02 16:42:08] BitMEX_Sam : Just my thought. Not saying he didn't.
[2016-05-02 16:42:17] BitMEX_Sam : mrp1nk: No idea. Investment scam?
[2016-05-02 16:42:54] tscha : j8: Exactly, because I think that it's extremely unlikely for them having performed an MITM attack on Gavin in London and/or Gavin lying. I think it's more likely that he is just an odd guy and/or has specific reasons to do it that way, reasons we will get to know soon.
[2016-05-02 16:43:22] mrp1nk : BitMEX_Sam: hmm.. maybe
[2016-05-02 16:44:05] BitMEX_Sam : We'll see. But I'm firmly in the "nonbeliever" column. I can't think of a scummier way to announce you're Satoshi than this
[2016-05-02 16:44:32] tscha : Well, he wouldn't get far with a scam/lie... the only immediate effect on his life is that it is threatened. So I don't see any motive at all.
[2016-05-02 16:44:33] BitMEX_Sam : Especially when it would be so easy to do it correctly, and Satoshi himself would clearly understand how.
[2016-05-02 16:44:45] j8 : i guess we'll see what comes of it. but yeah full of shadiness.. we already debunked the first round of this when he faked old blog posts and backdated pgp keys
[2016-05-02 16:44:57] BitMEX_Sam : Also, Wright himself is well-known as a charlatan, anecdotally I've heard many stories of his exploits
[2016-05-02 16:45:25] BitMEX_Sam : Right - almost forgot about that j8. Why in the world would the real Satoshi ever do something like that - or like this insane blog post today
[2016-05-02 16:45:29] tscha : We will find out. At least something happening again.
[2016-05-02 16:46:53] j8 : nice opportunity to close short on june anyway :)
[2016-05-02 16:49:17] j8 : selling volatility right when news and drama hits.. i don't get you people sometimes
[2016-05-02 16:50:19] arbitrage001 : j8: might be over leverage traders
[2016-05-02 16:50:37] arbitrage001 : better close manually than being force by margin
[2016-05-02 16:50:46] j8 : no doubt, there was a lot closed actually
[2016-05-02 16:52:03] j8 : arbitrage001: did you manage to hold on to your shorts? i remember you were gettin worried
[2016-05-02 16:52:36] arbitrage001 : j8: yea, closed all my june contracts by buyingg the mega rekt earlier
[2016-05-02 16:52:59] arbitrage001 : dont see any point on holding june short
[2016-05-02 16:53:05] j8 : nice one. wish i didn't sleep through that.
[2016-05-02 16:53:52] j8 : yeah same, i mean it's still likely to make money, high risk low reward though
[2016-05-02 16:54:33] arbitrage001 : low liquidity concern is valid by bitmex
[2016-05-02 16:55:12] arbitrage001 : traders with 100k+ contracts, during volatile market, they cant do anything
[2016-05-02 16:57:20] j8 : they can isolate it and screw everyone with DPE. i wouldn't take on that big of a position though for that reason
[2016-05-02 17:38:52] REKT : Liquidated long on `ETH7D`: Sell 40 @ 0.02183
[2016-05-02 18:05:22] REKT : Liquidated short on `XBT24H`: Buy 50 @ 442.23
[2016-05-02 18:05:22] REKT : Liquidated short on `XBT24H`: Buy 50 @ 442.12
[2016-05-02 18:20:29] tscha : BitMEX_Sam: https://www.wired.com/2016/05/craig-wright-privately-proved-hes-bitcoins-creator/
[2016-05-02 18:23:48] tscha : It's just about what is more likely. I think, this guy just being a weirdo is more likely than them MITMing the hotel wifi.
[2016-05-02 18:26:30] micmix : that whole thing is super weird
[2016-05-02 18:26:31] tscha : Verifiable proof will come out soon I guess, but I can understand Gavin's possible explanation for this weird procedure: Satoshi is just ambivalent about definitively revealing himself after so many years and emotionally consufed/attached, that's why he has chosen to not leak any verifiable proof. I can imagine it's a much bigger step to do that.
[2016-05-02 18:30:49] micmix : administrative assistant working with Wright left to buy a computer from a nearby store, and returned with what Andresen describes as a Windows laptop in a “factory-sealed” box.
[2016-05-02 18:31:43] micmix : so it wasn't a clean laptop, they brought the laptop that looked new
[2016-05-02 18:32:05] tscha : Possible that this was manipulated, but how likely is that?
[2016-05-02 18:34:52] micmix : not very likely but the whole thing smells fishy
[2016-05-02 18:35:14] micmix : it's so easy to provide a proper proof
[2016-05-02 18:37:07] micmix : anyway, at least we got some nice volatility
[2016-05-02 18:56:38] alchemist : who here has made more than $1000 profits?
[2016-05-02 18:56:57] alchemist : whats your most profitable trade yet?
[2016-05-02 18:57:15] alchemist : My best trade, lost $30 :D
[2016-05-02 18:59:50] sleger : 1000$ ?
[2016-05-02 19:00:05] alchemist : yeah
[2016-05-02 19:00:15] sleger : XBTM16 -80780 382.6710 XBT 516.80 473.72 xxxxx 40.7803 XBT (Cross) 23.7558 XBT (xxx%) 33.3943 XB
[2016-05-02 19:00:21] BitMEX_Sam : FYI, we have a leaderboard that we're bringing back from the beta days, shows top traders by notional and ROE
[2016-05-02 19:00:24] sleger : 56btc > 1000$
[2016-05-02 19:00:43] BitMEX_Sam : It won't show real names, but users will have the ability to opt-out of display or opt-in to real-username display
[2016-05-02 19:00:55] alchemist : i dont understand, did you make 40 btc?
[2016-05-02 19:01:02] sleger : alchemist: no, 56
[2016-05-02 19:01:13] BitMEX_Sam : That's 23.7 unrealised, 33.4 realised
[2016-05-02 19:01:34] BitMEX_Sam : Nice trade.
[2016-05-02 19:01:50] sleger : closed my U16 also with 12btc profit
[2016-05-02 19:02:29] rapidtrades : noone cares
[2016-05-02 19:02:52] sleger : yes. he asked. Dont be jealous
[2016-05-02 19:03:09] rapidtrades : oh...didn't see that
[2016-05-02 19:03:25] rapidtrades : jealous of ur 10% per annum?
[2016-05-02 19:04:14] sleger : i dont make 10% on btc
[2016-05-02 19:06:14] rapidtrades : okc $8 premium for 56 days...hmmm
[2016-05-02 19:07:57] rapidtrades : i don't like paying premium but that's entciting
[2016-05-02 19:08:08] rapidtrades : enticing*
[2016-05-02 19:10:14] alchemist_ : yo is sledger hurr
[2016-05-02 19:11:04] alchemist : oh hai
[2016-05-02 19:11:16] alchemist : sledger thats awesome
[2016-05-02 19:11:29] alchemist : can you give me advice so I can quit working in this restaurant
[2016-05-02 19:11:47] alchemist : i want to trade btc and have a pot farm
[2016-05-02 19:11:58] rapidtrades : what a moron...
[2016-05-02 19:12:18] alchemist : rapidtrades, are you having any success?
[2016-05-02 19:12:34] rapidtrades : maybe?
[2016-05-02 19:13:16] rapidtrades : good luck getting anything out of sledger
[2016-05-02 19:14:05] alchemist : sleger: im just starting, i traded forex before with limited success. whats your #1 instrument to trade?
[2016-05-02 19:14:17] rapidtrades : if u ask a basic q, he's scold u for being stupid...if its more complex he'll be like TMI
[2016-05-02 19:17:01] alchemist : whatever, most traders are pretty cool. i don't have a big head like you, man.
[2016-05-02 19:18:11] rapidtrades : ur right, i'll peace out for a bit....too salty
[2016-05-02 19:21:27] sleger : alchemist: if you can trade forex you should be fine with btc
[2016-05-02 19:21:41] sleger : don't mind him, he used to bite, now he just barks
[2016-05-02 19:23:56] BitMEX_Sam : alchemist: I'm seeing some errors being thrown from your client, investigating
[2016-05-02 19:25:34] alchemist : BitMEX_Sam: basic question... the pnl becomes realised at the rollover or expiration date, right?
[2016-05-02 19:26:01] BitMEX_Sam : alchemist: It becomes realized at settlement for daily/weekly contracts, or at weekly rebalance for longer-dated contracts
[2016-05-02 19:26:20] BitMEX_Sam : Essentially at the weekly rebalance, we realise all pnl and the position's entry price resets to the current mark price.
[2016-05-02 19:26:21] alchemist : does this mean you can back out of a position at the last moment, i.e. before the settlement
[2016-05-02 19:26:27] alchemist : i see.
[2016-05-02 19:26:32] BitMEX_Sam : Sure, you can sell/buy out of a position at any time.
[2016-05-02 19:26:58] alchemist : or would you take the loss from the margin
[2016-05-02 19:27:17] BitMEX_Sam : Depends on the exit price.
[2016-05-02 19:27:48] BitMEX_Sam : You don't have to wait for settlement, tons of trading happens in the interim. If you buy at 450 and sell at 470, your profit is the difference, whether that sell was to another user, or from settlement.
[2016-05-02 19:28:09] alchemist : BitMEX_Sam: is there any way to 'take profit' before the settlement time
[2016-05-02 19:28:22] BitMEX_Sam : Yes - bring your position back to zero by buying or selling out of it.
[2016-05-02 19:28:35] alchemist : Thanks.
[2016-05-02 19:29:05] alchemist : do bots do the most volume?
[2016-05-02 19:29:50] BitMEX_Sam : Likely, yes.
[2016-05-02 19:30:31] alchemist : @BitMEX_Sam is the liq. price kind of like the quote including a spread
[2016-05-02 19:30:45] BitMEX_Sam : No, that's the price at which your position would be liquidated.
[2016-05-02 19:31:05] BitMEX_Sam : Aka you have too little equity left in the position, so the system has to take it over before it goes bankrupt.
[2016-05-02 19:31:10] alchemist : how is that related to my entry and the mark. price
[2016-05-02 19:31:15] BitMEX_Sam : See https://www.bitmex.com/app/liquidation
[2016-05-02 19:31:30] alchemist : i see.
[2016-05-02 19:31:32] BitMEX_Sam : It's a reference. So you can see where you entered a position, where the last marked price is, and where your liquidation would be.
[2016-05-02 19:31:42] alchemist : that makes sense. thjat kind of like my stop-out level
[2016-05-02 19:31:48] alchemist : like a margin call.
[2016-05-02 19:31:55] BitMEX_Sam : In a way. But you don't want to be liquidated, it's expensive.
[2016-05-02 19:39:08] alchemist : are there any restrictions on trading bots?
[2016-05-02 19:41:31] BitMEX_Sam : No, just ratelimiting.
[2016-05-02 19:41:51] BitMEX_Sam : We ratelimit to 300 requests per 5 minutes, but this is easy to manage by using the websocket for live market data and by using bulk orders/cancels/amends.
[2016-05-02 19:54:48] alchemist : do many practice artbitrage as discussed in the webinars?
[2016-05-02 20:05:05] BitMEX_Sam : Hard to say - we don't often watch individual traders' behaviors very closely, and we have no way to know if they are hedging on spot.
[2016-05-02 20:06:40] alchemist : wait, sam... this is just occuring to me...
[2016-05-02 20:07:06] alchemist : so you can make money when the 48h rolls into 24....
[2016-05-02 20:07:12] alchemist : it all makes sense now lol....
[2016-05-02 20:08:35] BitMEX_Sam : You could, yes - depends on whether or not you got a good price.