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

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

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

<<  >>  English  中文  Русский  한국어  日本語  Español  Français 
[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.
[2016-05-02 20:09:45] sleger : dao already raised 13m$ ?? that's insane
[2016-05-02 20:13:56] tscha : LOL https://www.youtube.com/watch?v=H2euMNmsb_s
[2016-05-02 20:14:04] tscha : fits perfectly
[2016-05-02 20:17:59] BitMEX_Sam : Ahahaha.
[2016-05-02 20:18:00] BitMEX_Sam : Nice one.
[2016-05-02 20:18:14] dorothy490 : where is the leaderboard?
[2016-05-02 20:19:09] BitMEX_Sam : Not up yet.
[2016-05-02 20:19:45] BitMEX_Sam : We'll have it up tomorrow - in the meantime, if you wish to opt-out of your possible placement (all placements are anonymous by default), go to the bottom of https://www.bitmex.com/app/preferences
[2016-05-02 20:20:30] sleger : how will "pnl" be defined ?
[2016-05-02 20:20:46] sleger : unreal+realiz for live only contracts ?
[2016-05-02 20:21:11] BitMEX_Sam : Very simply: `balance - (deposited - withdrawn)`
[2016-05-02 20:21:24] alchemist : sleger do you do artbitrage cash carry type stuff?
[2016-05-02 20:21:29] BitMEX_Sam : We'll do more complex calculations later on, such as 7-day, 30-day, etc
[2016-05-02 20:21:31] sleger : i do everything
[2016-05-02 20:21:45] alchemist : where is best to start?
[2016-05-02 20:22:02] alchemist : is it worth doing daily contracts or should i go longer out?
[2016-05-02 20:22:17] sleger : depends why and how you trade, cant really answer that one for you
[2016-05-02 20:22:44] dorothy490 : xbt48 is the best
[2016-05-02 20:23:56] micmix : BitMEX_Sam: can I still see my own place on the leaderboard if I opt out?
[2016-05-02 20:24:13] BitMEX_Sam : micmix: No - but keep in mind that all positions are anonymous by default
[2016-05-02 20:24:24] BitMEX_Sam : So if you haven't opted-out, we privately highlight your position.
[2016-05-02 20:24:42] micmix : BitMEX_Sam: ok, thanks
[2016-05-02 20:24:43] BitMEX_Sam : You could probably calculate it yourself though if you have opted out.
[2016-05-02 20:27:12] alchemist : BitMEX_Sam: hey so... at the expiry will the different between xbt24 and 48 be realized?
[2016-05-02 20:27:48] alchemist : BitMEX_Sam: like how do you manage the price difference.... never mind ill just read the FAQs
[2016-05-02 20:28:10] micmix : BitMEX_Sam: I would like to see my 24h/7d volumes and P&L per contract somewhere. I can get it from our system but would be nice to have it in the UI somewhere. I don't care about the leaderboard but sounds like it shows volume
[2016-05-02 20:29:06] BitMEX_Sam : alchemist: No, they are not rebalanced when 48h becomes 24h.
[2016-05-02 20:29:20] micmix : that's the only reason I won't opt out
[2016-05-02 20:29:44] BitMEX_Sam : micmix: I agree - we have a ticket open for more comprehensive reporting.
[2016-05-02 20:35:11] j8 : BitMEX_Sam: whats with all the XBT48H CashRebalance transactions then?
[2016-05-02 20:35:53] BitMEX_Sam : j8: Let me check with Wally - I may be mistaken on this. I don't touch that part of the code. We should certainly document this better in the rolling article.
[2016-05-02 20:37:07] j8 : when it launched i asked if they would rebalance and the answer was no, but then a while later i started seeing rebalances, so i figured it did change
[2016-05-02 20:51:16] j8 : alchemist: once in a while there is a good premium or discount on the daily and it's easy to cash and carry. but most of the time it tracks the index pretty close and there's no point
[2016-05-02 20:52:00] alchemist : is cash and carry something worth learning?
[2016-05-02 20:52:14] alchemist : or is it something you need to do over longer terms and not 48h
[2016-05-02 20:53:32] j8 : it's pretty straightforward, if you're interested in price neutral strategies then it's a good place to start
[2016-05-02 20:54:35] alchemist : can i get a link to those webinar notes and calculators etc
[2016-05-02 20:55:44] j8 : https://blog.bitmex.com/bitmex-arbitrage-lesson-1-webinar/
[2016-05-02 20:56:31] j8 : more here https://blog.bitmex.com/tag/arbitrage/
[2016-05-02 20:56:32] REKT : Liquidated short on `XBT24H`: Buy 3000 @ 442.81
[2016-05-02 20:56:32] REKT : Liquidated short on `XBT24H`: Buy 27350 @ 443.13 **MEGA-REKT** :boom:
[2016-05-02 20:57:02] REKT : Liquidated short on `XBT24H`: Buy 220 @ 443.35
[2016-05-02 20:57:03] alchemist : woot
[2016-05-02 20:57:16] alchemist : *tick*
[2016-05-02 20:59:16] alchemist : so newbie question...
[2016-05-02 20:59:37] alchemist : do you have to wait until expiry to effectively make money with cash and carry?
[2016-05-02 21:01:04] j8 : not necessarily, you can close at a profit if they converge before settlement.
[2016-05-02 21:02:47] micmix : j8: 48h is rebalanced daily and profit is realized when 48h becomes 24h. Wally added that couple weeks ago
[2016-05-02 21:03:14] j8 : yep that's what i've been seeing
[2016-05-02 21:03:30] j8 : better that way imho
[2016-05-02 21:04:40] BitMEX_Sam : Ah. Found the commit. Can confirm 48H rebalances intentionally as it becomes 24H. I'll update the docs.
[2016-05-02 21:05:58] micmix : realized PNL for 24h on the positions panel includes 48h
[2016-05-02 21:06:00] alchemist : so technical question... does the unrealized PNL include the difference (48h-24h)
[2016-05-02 21:06:24] alchemist : on the xbt48 for example
[2016-05-02 21:08:30] micmix : alchemist: unrealized pnl is based on your open position entry price and current mark price, nothing else
[2016-05-02 21:09:53] alchemist : is there benefit to waiting for my roe to realize vs selling it off at mark. price if im in profitabe ROE
[2016-05-02 21:10:41] micmix : you can't sell it at mark price. look at the orderbook and you will see the best bid and best offer
[2016-05-02 21:11:42] rapidtrades : we're recovering fellas
[2016-05-02 21:12:02] micmix : like on 48h best bid is 45 @ 444.40, so you can sell 45 contracts @ 444.40
[2016-05-02 21:18:33] alchemist : whats the best % return you've made in a day or week?
[2016-05-02 21:22:16] j8 : ~400% in a day, but i was trading small back then
[2016-05-02 21:23:29] rapidtrades : god bless America!
[2016-05-02 21:24:28] micmix : I can make -1000% per day but it's tough
[2016-05-02 21:25:17] micmix : have to top up my account every 10 minutes
[2016-05-02 21:25:22] j8 : lol
[2016-05-02 21:29:11] alchemist : i cant maKE THE data work in the spreadsheets hmmm
[2016-05-02 21:32:15] alchemist : do most people trade technical analysis?
[2016-05-02 21:58:22] rapidtrades : no, most ppl are idiots who think they're smarter then they really are
[2016-05-02 22:00:45] rapidtrades : https://en.wikipedia.org/wiki/Illusory_superiority
[2016-05-02 22:02:54] j8 : dunning-kruger effect, but they also say highly skilled people underestimate their competence
[2016-05-02 22:04:51] REKT : Liquidated short on `ETH7D`: Buy 10 @ 0.02311
[2016-05-02 22:19:58] micmix : it's getting better and better: https://www.reddit.com/r/Bitcoin/comments/4hjfzm/did_satoshi_steal_my_blog_post/
[2016-05-02 22:20:28] BitMEX_Sam : Wow!
[2016-05-02 22:20:49] BitMEX_Sam : Nail, meet coffin.
[2016-05-02 22:22:46] BitMEX_Sam : Gotta say, I love the code JPEGs.
[2016-05-02 22:23:53] micmix : yeah, classy :-)
[2016-05-02 22:26:09] zanza : If Craig Wright was a liar, and INCREDIBLY invested into this giant hoax, it would be a stupid plan since real satoshi could shut him down immediately
[2016-05-02 22:26:23] zanza : by simply signing a message
[2016-05-02 22:30:24] micmix : my conspiracy theory: real Satoshi was that Wright's friend who died and now Wright tries to convince everyone that he's Satoshi to get access to Satoshi private keys from some lawyer
[2016-05-02 22:32:33] rapidtrades : dam
[2016-05-02 22:32:36] j8 : plausible
[2016-05-02 22:32:55] rapidtrades : that would the wright thing to do @micmix
[2016-05-02 22:33:13] j8 : i get the sense that he intended for the community to not believe him, for some reason, whether its true or not
[2016-05-02 22:33:35] rapidtrades : idk if he's a known scammer this could just be his MO
[2016-05-02 22:33:51] rapidtrades : they say he lied about owning a supercomputer
[2016-05-02 23:17:59] laisee : prob he was part of group comprising 'satoshi' but not the brains obv.
[2016-05-02 23:40:51] j8 : so, his coins are in a seychelles trust... plot twist, he's not gonna dump them, he's gonna long the sh*t outta bitmex
[2016-05-02 23:42:18] BitMEX_Sam : :+1: :bitmex: approved
[2016-05-02 23:42:50] j8 : i just gotta get him my reflink...
[2016-05-02 23:47:30] micmix : j8: good call
[2016-05-03 01:05:49] zanza : interesting micmix, who died btw?
[2016-05-03 01:06:19] zanza : unless it was s udden death ( car accident) you would like he would have made plans in case of his death
[2016-05-03 01:06:30] zanza : think*
[2016-05-03 01:06:50] zanza : like, Satoshi gets cancer, makes plan what to do with keys. There is no way he wouldn't make a plant.
[2016-05-03 01:11:50] zanza : so micmix, this makes sense if Satoshi had a sudden death, wasn't able to plan for it, and Craig Wright is somehow trying to "claim" to legally be him to get access to some legal trust or something
[2016-05-03 01:19:02] gaoMex : On the recent mailer, earning swap rates was mentioned.
[2016-05-03 01:19:22] gaoMex : Trade Mechanics: 1. Deposit Bitcoin as margin on BitMEX. 2. Sell ETHXBT, the BitMEX P2P swap product. 3. Sell Bitcoin, and buy Ether. 4. Store your Ether securely.
[2016-05-03 01:19:41] gaoMex : Question: With spreads and fees, is it still worth it?
[2016-05-03 01:20:53] gaoMex : Something I felt BitMEX should address in future mailers
[2016-05-03 01:21:54] BitMEX_Arthur : Depends on the rate, but remember you don't have to worry about expiry and re-entering the position
[2016-05-03 01:22:01] BitMEX_Arthur : u put the trade on once
[2016-05-03 01:22:03] BitMEX_Arthur : and just sit there
[2016-05-03 01:22:38] BitMEX_Arthur : We don't take any fees on the interest exchanged between long and short
[2016-05-03 01:22:49] BitMEX_Arthur : on most platforms you pay 15-20% of the interest income as a fee to the platform
[2016-05-03 01:22:55] BitMEX_Arthur : so right there is a massive savings
[2016-05-03 01:23:31] zanza : so what would compete with the Finex current platform basically?
[2016-05-03 01:24:10] BitMEX_Arthur : We aim to serve two markets
[2016-05-03 01:24:22] BitMEX_Arthur : Retail guys like the high leverage, but don't understand expiry
[2016-05-03 01:24:35] BitMEX_Arthur : So we give them both, high leverage, no expiry, and make it just like trading on margin
[2016-05-03 01:24:59] gaoMex : BitMEX_Arthur: U are doing it right
[2016-05-03 01:25:13] gaoMex : Always think from the point of view of customers
[2016-05-03 01:25:19] BitMEX_Arthur : the market makers will still need to trade on finex
[2016-05-03 01:25:26] gaoMex : majority of customers, not the minority ones
[2016-05-03 01:25:46] BitMEX_Arthur : :thumbsup:
[2016-05-03 01:26:27] gaoMex : so if i understand it right, the spreads and fees only come in when i start swapping, and end swapping?
[2016-05-03 01:26:47] BitMEX_Arthur : You pay us a fee when you enter and exit the position
[2016-05-03 01:26:48] BitMEX_Arthur : that's it
[2016-05-03 01:27:05] gaoMex : in between, no fees, and hence better than bfx, which charges a fee every day
[2016-05-03 01:27:20] BitMEX_Arthur : correct only fees when you trade
[2016-05-03 01:27:28] BitMEX_Arthur : cash transfers between long and short are not obstructed
[2016-05-03 01:27:47] gaoMex : my suggestion: highlight this difference (with bfx) in future mailers
[2016-05-03 01:28:13] gaoMex : it will appeal to customers who put their coins long term in bfx
[2016-05-03 01:28:33] BitMEX_Arthur : First we want to get the ETHXBT one out the door, see if there are any more tweaks that need to be made
[2016-05-03 01:28:39] BitMEX_Arthur : before we move to the big daddy Bitcoin
[2016-05-03 01:29:08] BitMEX_Arthur : I encourage you to take a look at Testnet, we have a live / tradable version
[2016-05-03 01:29:18] gaoMex : but the mechanics are still a little complicated
[2016-05-03 01:29:27] gaoMex : i need to trade 3 times
[2016-05-03 01:29:38] BitMEX_Arthur : Well that's for people who want to earn rates
[2016-05-03 01:29:39] gaoMex : before i can start the swap
[2016-05-03 01:29:46] BitMEX_Arthur : if you just want to speculate
[2016-05-03 01:29:49] BitMEX_Arthur : buy and sell the product
[2016-05-03 01:29:57] BitMEX_Arthur : just like you would margin trading
[2016-05-03 01:30:14] BitMEX_Arthur : most traders have no idea how margin trading works, they just know they can go 3x long
[2016-05-03 01:30:16] BitMEX_Arthur : and it works
[2016-05-03 01:30:18] zanza : seems like the average user here would prefer that my Guess
[2016-05-03 01:30:26] gaoMex : i understand but if the mechanics can be made a little simpler for people interested in only swapping, that will be perfct
[2016-05-03 01:30:44] BitMEX_Arthur : the mechanics are perfectly simple, bullish buy, bearish sell and get big leverage
[2016-05-03 01:30:51] gaoMex : possible to automate the trade?
[2016-05-03 01:30:52] BitMEX_Arthur : if you are playing rates, by definition you are more advanced
[2016-05-03 01:32:25] gaoMex : "3. Sell Bitcoin, and buy Ether."
[2016-05-03 01:33:10] gaoMex : spot?
[2016-05-03 01:33:31] zanza : BitMEX_Arthur: any predictions on USD/JPY pair?
[2016-05-03 01:34:51] BitMEX_Arthur : zanza: We are waiting for our partner Quoine to tie up some loose ends on their side
[2016-05-03 01:34:58] BitMEX_Arthur : I remain hopeful for a May launch
[2016-05-03 01:35:15] BitMEX_Arthur : We could launch it today, but we want the Japanese traders on board to get a very liquid product from day one
[2016-05-03 01:35:27] BitMEX_Arthur : We have MM signed up, so there will be a deep market as soon as we launch
[2016-05-03 01:35:45] j8 : i was wondering if there might be a way to have a market for long term rates, which works alongside the main swap product, i.e. you use it to lock in rates but you still get your delta on the one p2p swap
[2016-05-03 01:36:03] BitMEX_Arthur : i mean that's a futures contract
[2016-05-03 01:36:29] BitMEX_Arthur : future is fixed vs. performance
[2016-05-03 01:36:33] BitMEX_Arthur : swap is floating vs. performance
[2016-05-03 01:36:42] j8 : but a contract on rates rather than price. does that make sense
[2016-05-03 01:36:55] BitMEX_Arthur : yeah but imo too complicated for 99% of our users
[2016-05-03 01:36:56] j8 : so that it doesn't split liquidity
[2016-05-03 01:37:07] BitMEX_Arthur : and how do you market make that
[2016-05-03 01:37:17] BitMEX_Arthur : with no long dated future to receive fixed long term rates
[2016-05-03 01:37:36] BitMEX_Arthur : you essentially fix a rate for say 3 months, but roll every day in the spot rates market
[2016-05-03 01:37:43] BitMEX_Arthur : recipe for disaster
[2016-05-03 01:38:01] j8 : you would lock in a rate that replaces your variable swap payment
[2016-05-03 01:38:12] BitMEX_Arthur : yeah but who is going to sell you that fixed rate
[2016-05-03 01:38:14] gaoMex : BitMEX_Arthur: Quoine is not that reputable. Check out their thread in bitcointalk