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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-05-05 07:56:10] jung1 : imo szabo at least knew satoshi [2016-05-05 07:56:25] jung1 : if he is not him [2016-05-05 07:58:30] jung1 : tscha: why you are shure that craig is satoshi? all evidence that he gave was fake [2016-05-05 08:01:35] jung1 : but its good for whole ecosystem that craig makes noise [2016-05-05 08:01:38] jung1 : https://twitter.com/wikileaks/status/727562945840975872 [2016-05-05 08:02:39] tscha : Assange has been knowing Craig since the 90s and they don't like each other. [2016-05-05 08:05:49] jung1 : so? [2016-05-05 08:11:09] tscha : I think it's much more likely Craig is Satoshi. People generally give too much weight to small probabilities and conspiracy theories, this effect is even stronger in the Bitcoin community (like that they tampered the factory sealed laptop in London), [2016-05-05 08:11:33] tscha : The explanation that he is just a odd dude seems much more likely in my opinion. [2016-05-05 08:11:38] tscha : an* [2016-05-05 08:13:24] tscha : Bitcoiners have a vivid fantasy, which I think is an attribute you need to have to grasp the potential of Bitcoin in the first place. [2016-05-05 08:14:21] jung1 : well ok so why he show fake evidence [2016-05-05 08:14:22] jung1 : ? [2016-05-05 08:16:08] tscha : I am not 100% sure obviously, but sure enough to bet with odds == 2 [2016-05-05 08:18:10] zanza : we will find out within 1 month if he moves coins, he is satoshi [2016-05-05 08:18:35] zanza : he seems like head in cloud academic it wouldn't surprise me [2016-05-05 08:18:47] zanza : I think it is bearish for price though since he will probably dump soon [2016-05-05 08:21:16] jung1 : yeah I also think that will be red on markets [2016-05-05 08:29:32] jung1 : btw eth will be bullish now because of https://daohub.org/ [2016-05-05 08:29:42] jung1 : they collect 1.8mln eth so far [2016-05-05 08:30:02] jung1 : and it will be frozen till end of may [2016-05-05 08:30:26] jung1 : 17.06 M USD EQUIVALENT [2016-05-05 08:30:33] jung1 : adn 23 days left [2016-05-05 08:30:35] jung1 : ... [2016-05-05 08:31:14] BitMEX_Arthur : jung1: What is the current supply of ETH [2016-05-05 08:31:57] jung1 : 80mln [2016-05-05 08:32:18] BitMEX_Arthur : only like 2% of float not a massive amount [2016-05-05 08:32:49] jung1 : 60mln was in crowdsale [2016-05-05 08:33:03] jung1 : and most of them are untouched [2016-05-05 08:33:58] jung1 : only 7mln was mined [2016-05-05 08:37:30] jung1 : btw daohub ico is well planned. they collect only eth and pump eth price themselves [2016-05-05 08:37:44] jung1 : cant wait to short it [2016-05-05 08:41:58] alchemist : How much do you make when the 24H settles on a good one? [2016-05-05 09:31:01] uiop : alchemist: 3 litecoin cents [2016-05-05 09:40:52] tscha : jung1: you still pushing eth? [2016-05-05 09:41:16] jung1 : shure [2016-05-05 09:41:30] jung1 : now im long from 0.019 [2016-05-05 09:42:09] jung1 : daohub will pump it to 27 imo [2016-05-05 09:42:15] jung1 : or even higher [2016-05-05 09:43:00] jung1 : second altcoin madness incomming. With daos would be same as with altcoins in'13 [2016-05-05 09:43:07] jung1 : a lot of pump and dump projects [2016-05-05 09:43:19] jung1 : but now with much more money involved [2016-05-05 09:43:52] sleger : whoever is investing in dao is insane [2016-05-05 09:44:52] jung1 : still 23 day left [2016-05-05 09:45:14] jung1 : and there is no upper limit [2016-05-05 09:45:25] jung1 : 16mln $ so far [2016-05-05 09:47:09] jung1 : digix, lisk, waves, daohub [2016-05-05 09:47:19] jung1 : and its just begin [2016-05-05 09:52:05] mrp1nk : #scamsareback [2016-05-05 09:52:20] jung1 : yup [2016-05-05 10:49:31] REKT : Liquidated long on `XBT24H`: Sell 80 @ 446.12 [2016-05-05 10:49:51] REKT : Liquidated long on `XBT24H`: Sell 88 @ 445.97 [2016-05-05 10:54:26] REKT : Liquidated long on `XBT48H`: Sell 100 @ 446.68 [2016-05-05 11:00:17] REKT : Liquidated long on `XBT48H`: Sell 13060 @ 445.84 [2016-05-05 11:13:50] mrp1nk : feels like stop run to me, 2/10 wouldn't short [2016-05-05 11:16:56] mrp1nk : So Matonis just said CW wont be siging any transaction: https://mobile.twitter.com/jonmatonis/status/728168542709878784 [2016-05-05 11:31:05] zanza : too much drama [2016-05-05 11:31:05] zanza : for me [2016-05-05 11:32:19] mrp1nk : for me 2, i'm just monitoing the known satoshi adresses and keep trading ;-) [2016-05-05 11:36:33] jung1 : update: daohub rised 1.9mln ethereum [2016-05-05 11:37:00] rapidtrades : isn't it a great day to be aliiiive fellas? [2016-05-05 11:37:21] jung1 : 100k in 4h [2016-05-05 12:00:34] rapidtrades : dam 130k and noone wanted to trade [2016-05-05 12:14:37] mrp1nk : lmao [2016-05-05 12:14:39] mrp1nk : hmm.. no almost no premium on the 24h. why so bearish brus. [2016-05-05 12:15:24] mrp1nk : what if i told you http://www.drcraigwright.net/ [2016-05-05 12:23:15] zanza : ?is this guy for real [2016-05-05 12:25:06] j8 : lol, i guess @tscha is out some coin [2016-05-05 12:28:16] mrp1nk : zanza: according to my sources he is [2016-05-05 12:34:30] rapidtrades : what's going on fellas? [2016-05-05 12:37:06] mrp1nk : nothing, just awaiting the "not satoshi confirmed" fomo [2016-05-05 12:38:06] rapidtrades : why would ppl are if he's not satoshi [2016-05-05 12:38:28] rapidtrades : guess this is what passes for fundamentals in this market [2016-05-05 12:40:45] mrp1nk : because it seemed that the bearish sentiment was due to satoshi and his 1M coins [2016-05-05 12:41:50] mrp1nk : we will see [2016-05-05 12:45:32] tscha : lol this twat [2016-05-05 12:45:57] tscha : curious about Gavin's response [2016-05-05 12:46:23] habibi : tscha: actually lets bet if u still wanna :D [2016-05-05 12:46:34] tscha : j8: well I still have until 1st of June but I gotta admit it doesn't look good [2016-05-05 12:48:37] j8 : yeah, couldn't look much worse [2016-05-05 12:50:29] habibi : comment via reddit "I never knew Satoshi was such a Drama Queen! lol" [2016-05-05 12:50:36] j8 : it's like that guy that would go on all the tv shows and bend spoons with his mind [2016-05-05 12:50:45] BitMEX_Wally : I would love to double down on my bet, but then this guy is a scammer... who knows what he has up his sleeve [2016-05-05 12:51:09] j8 : but when they get him in a controlled environment he makes excuses like "i'm just not feeling the energy today" [2016-05-05 12:53:24] habibi : this is all big bullshit, extraordinary bullshit i would say [2016-05-05 12:58:50] rapidtrades : this is not wright [2016-05-05 13:20:41] tscha : I still believe #craigoshi [2016-05-05 13:22:05] BitMEX_Wally : You want to increase your bet? [2016-05-05 13:22:14] tscha : Nah, I'm fine [2016-05-05 13:22:18] tscha : :) [2016-05-05 13:26:54] habibi : tscha: when did u first get into bitcoin? [2016-05-05 13:39:49] tscha : habibi: 2008 [2016-05-05 13:40:04] tscha : oops [2016-05-05 13:40:13] j8 : you mean 2005? [2016-05-05 13:40:15] habibi : tscha: much before satoshi, nice [2016-05-05 13:40:25] habibi : i mean cragtoshi [2016-05-05 13:40:35] tscha : october 2015 [2016-05-05 13:41:04] tscha : or september? dunno, but bought my first (and only) 4 bitcoins for 215€ [2016-05-05 13:46:28] tscha : when did you guys get into bitcoin? [2016-05-05 13:46:45] habibi : 2013 dec buble [2016-05-05 13:47:13] j8 : summer 2013 [2016-05-05 13:48:05] j8 : first buys were around $80 [2016-05-05 13:48:41] tscha : anybody in here who got into bitcoin at <$5? [2016-05-05 13:49:16] tscha : just trying to find satoshi [2016-05-05 14:23:40] rapidtrades : A. Aplushpolus says we're all satoshis [2016-05-05 14:51:09] tscha : could very well be that this is the only tv-station that got the story right in the first place: https://i.imgur.com/d4IaUmy.jpg [2016-05-05 14:52:31] rapidtrades : link SFW? [2016-05-05 14:52:47] tscha : yeah [2016-05-05 14:52:57] rapidtrades : j/k don't have a boss [2016-05-05 14:53:36] tscha : i will never stop laughing about that video [2016-05-05 14:54:04] tscha : for anyone who hasn't seen it: https://www.youtube.com/watch?v=H2euMNmsb_s [2016-05-05 14:54:42] tscha : "winning - obviously" hahaha [2016-05-05 14:55:49] rapidtrades : tscha: did u lose the bet [2016-05-05 14:56:06] tscha : not yet but it looks that way [2016-05-05 15:01:35] rapidtrades : he doesn't look honest in his BBC interview [2016-05-05 15:01:45] rapidtrades : gives me a bit of that slimey wibe tbh [2016-05-05 15:03:23] tscha : he scammed at least 5 pounds off of Gavin/Matonis/BBC: https://www.reddit.com/r/btc/comments/4i07s4/the_bbcs_tech_correspondent_gavin_and_matonis/ [2016-05-05 15:04:25] habibi : tscha: yep, mission completed, now he can go all in at 100x bitmex\ [2016-05-05 15:07:11] podizzle3k : 08:37 - mrp1nk: nothing, just awaiting the "not satoshi confirmed" fomo [2016-05-05 15:07:13] rapidtrades : jesus...what a weirdo [2016-05-05 15:07:17] podizzle3k : kinda surprised that didnt happen [2016-05-05 15:07:23] rapidtrades : are u rly.... [2016-05-05 15:07:30] rapidtrades : WHO CARES [2016-05-05 15:07:41] podizzle3k : obviously people cared when the bbc article came out [2016-05-05 15:07:59] podizzle3k : but i guess his BS was already priced in the market [2016-05-05 15:08:09] podizzle3k : since it retraced anyway [2016-05-05 15:08:25] BitMEX_Sam : Wow that bbc article is gold [2016-05-05 15:08:59] podizzle3k : it was good enough to drop the price so maybe he had a decent short in [2016-05-05 15:09:17] podizzle3k : but judging by the mt gox records showing he bought at $1100 it sounds like hes a horrible trader [2016-05-05 15:10:04] podizzle3k : eth doin a little slow climb today...the ETHXBT hype effect i think [2016-05-05 15:10:14] habibi : podizzle3k: waaat? :D [2016-05-05 15:10:31] podizzle3k : yeah he bought 17btc at $1100+ in dec. 2013 [2016-05-05 15:10:53] podizzle3k : and they were still on the exchange when it crashed at $166 haha [2016-05-05 15:11:00] podizzle3k : so he never cut his losses either [2016-05-05 15:11:05] habibi : eth doin a little slow climb today...the ETHXBT hype effect i think that deduction :D [2016-05-05 15:11:08] podizzle3k : oh that [2016-05-05 15:11:16] podizzle3k : yeah ofc [2016-05-05 15:11:22] podizzle3k : its all anyone is talking about [2016-05-05 15:11:29] podizzle3k : vitalik is throwing a party [2016-05-05 15:11:38] habibi : ah guess it was ironic :) [2016-05-05 15:11:45] rapidtrades : f*ck vitalik [2016-05-05 15:11:50] mrp1nk : podizzle3k: me 2. there were some larger buys on finex, but not full fomo yet. anyway i remain bullish on this news. [2016-05-05 15:12:07] podizzle3k : id give up hope on that one [2016-05-05 15:12:25] podizzle3k : not saying its gonna crash but any kind of reactionary price rise is out of the question [2016-05-05 15:12:34] podizzle3k : everyone knows by this point [2016-05-05 15:28:06] REKT : Liquidated short on `ETH7D`: Buy 500 @ 0.02134 [2016-05-05 15:30:06] REKT : Liquidated short on `ETH7D`: Buy 795 @ 0.02147 [2016-05-05 15:40:46] ayy_lmao : lmao [2016-05-05 15:48:52] tscha : interesting interview with gavin about wright (that was before the 'i'm sorry' announcement though) http://qz.com/675830/two-early-bitcoin-developers-who-worked-directly-with-satoshi-nakamoto-weigh-in-on-his-real-identity/ [2016-05-05 16:02:52] rapidtrades : I don’t think it’s Gavin. I don’t think it’s Nick [Szabo, another close collaborator of Nakamoto’s]. Those are the two popular choices. I don’t think it’s me, but I’m not sure. [2016-05-05 16:03:02] rapidtrades : wtf Garzik outing himself [2016-05-05 16:04:09] rapidtrades : Jeff Garzik created bitcoin, you can quote me on that [2016-05-05 16:05:56] rapidtrades : ''Jeff Garzik created bitcoin'' rapidtrades 2016 [2016-05-05 16:07:21] BitMEX_Sam : `"Jeff Garzik created bitcoin" rapidtrades 2016` rapidtrades 2016 [2016-05-05 16:12:18] sq : hi, do you have an api i can use to get historical data? tks [2016-05-05 16:12:36] sq : also, whats the trading costs/fees? [2016-05-05 16:12:57] BitMEX_Sam : sq: See https://www.bitmex.com/app/apiOverview for the API [2016-05-05 16:13:03] BitMEX_Sam : And https://www.bitmex.com/app/fees for fees [2016-05-05 16:13:07] sq : tks vm [2016-05-05 17:08:51] REKT : Liquidated short on `ETH7D`: Buy 60 @ 0.02241 [2016-05-05 18:47:00] mrp1nk : podizzle3k: so far price is moving up nicely. i think it needs some time until ppl realize and digest what is going on. i feel very comfy in my long position [2016-05-05 18:47:46] podizzle3k : bitcoin traders do not take time to realize and digest [2016-05-05 18:47:54] podizzle3k : when it forked in 2013 it dumped within seconds [2016-05-05 18:48:06] podizzle3k : when silk road was busted it dumped within seconds [2016-05-05 18:49:53] podizzle3k : i think okcoin whales gonna flash crash it to cash out on some shorts [2016-05-05 18:50:00] podizzle3k : but overall it will go up until halving [2016-05-05 18:51:06] podizzle3k : even a tiny dump would start a margin call cascade between okcoin and bitfinex everyone and their mom is in a long position [2016-05-05 18:51:51] mrp1nk : yeah, thats also true [2016-05-05 18:52:27] podizzle3k : either they flash crash it tonight or maybe run it up to $470 first then crash it back to 450 [2016-05-05 18:53:16] mrp1nk : could happen, sure [2016-05-05 18:53:17] podizzle3k : 3rd option would be a slow and steady pump to around 500 [2016-05-05 18:53:25] podizzle3k : i bet thats the one youre lookin for [2016-05-05 18:54:06] mrp1nk : #MyStopsAreReady :-) [2016-05-05 18:54:24] podizzle3k : haha youre all set then [2016-05-05 18:54:58] rapidtrades : reading this chat gives me cancer [2016-05-05 18:55:23] mrp1nk : rapidtrades: why [2016-05-05 18:56:00] rapidtrades : bunch of tools talking in a matter of fact manner ''X will happen at this point'' [2016-05-05 18:56:08] rapidtrades : u don't know shit, sit down and shut up [2016-05-05 18:56:22] podizzle3k : how about i smack the shit out you little boy [2016-05-05 18:56:27] podizzle3k : *thwack* [2016-05-05 18:56:40] rapidtrades : how about u show some humility ffs [2016-05-05 18:56:54] podizzle3k : go arbitrage a few satoshis and reassess your life [2016-05-05 18:57:14] podizzle3k : humiity? i gave possible options that i see as possibilities [2016-05-05 18:57:32] podizzle3k : youre making it sound like i am declaring precisely what will happen like some overlord [2016-05-05 18:57:52] rapidtrades : oh...i must've misread that...sorry :) [2016-05-05 18:58:12] podizzle3k : its all good i cant hate you [2016-05-05 18:58:15] podizzle3k : sleger on the other hand...... [2016-05-05 18:58:52] podizzle3k : btw where is this bitmex rich list i seen on twitter [2016-05-05 19:04:18] rapidtrades : ready for the pump..already rolled over my futures [2016-05-05 19:04:44] rapidtrades : that was too easy to do btw plus i did it for a credit....can't be good :( [2016-05-05 19:05:14] BitMEX_Sam : https://www.bitmex.com/app/leaderboard [2016-05-05 19:06:08] podizzle3k : can i choose another name other than Almond-Cookie-Soarer [2016-05-05 19:07:06] BitMEX_Sam : :) You can claim a position in your preferences page [2016-05-05 19:07:26] BitMEX_Sam : cengel and micmix already did. [2016-05-05 19:07:33] podizzle3k : i see. [2016-05-05 19:09:37] podizzle3k : roi = wallet balance / (deposited - withdrawn) * 100 [2016-05-05 19:09:45] podizzle3k : somethin like that iguess [2016-05-05 19:10:34] podizzle3k : if anyone wants a good depth chart for poloniex ETH https://dc-charts.com/depth_eth.php?ex=16&cu=0 [2016-05-05 19:17:17] podizzle3k : too bad it doesnt dynamically update [2016-05-05 19:22:51] BitMEX_Sam : podizzle3k: Yeah, pretty close: notional is `wallet.amount - (wallet.deposited - wallet.withdrawn)` [2016-05-05 19:23:08] BitMEX_Sam : ROE is `notional / wallet.deposited` [2016-05-05 19:25:14] podizzle3k : cool im a bit of a programmer myself [2016-05-05 19:25:23] podizzle3k : made a pretty wicked nick completer in mirc script [2016-05-05 19:36:59] dorothy490 : guys I think I found one helpful thing instead of liquidation use market stop orders [2016-05-05 19:38:52] tscha : i made a python script that checks satoshis address on outgoing transactions and drops coins in case [2016-05-05 19:39:01] habibi : bitmex oscar 2016 goes to dorothy490! [2016-05-05 19:39:40] habibi : how many addresses did u include tscha? [2016-05-05 19:39:41] aethlios : BitMEX_Sam: Hi Sam, I want to ask you about the xbtusd swap. Open positions never settle? Every friday? You can only close an open position with a reverse trade? [2016-05-05 19:40:08] tscha : habibi: one, the one BBC sent money to because wright said he will send it back [2016-05-05 19:40:20] BitMEX_Sam : They never settle. You have to close the position by making the opposite trade. [2016-05-05 19:40:24] tscha : 12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S [2016-05-05 19:40:46] habibi : tscha: he said many things :p [2016-05-05 19:41:18] tscha : habibi: he said he will move coins from this address specifically, so I just included this one [2016-05-05 19:41:30] tscha : but now, after his post, I doubt this will happen :( [2016-05-05 19:44:37] aethlios : BitMEX_Sam: Ok, and it will be a quanto contract right? This will get very crazy in bullish environment. [2016-05-05 19:48:19] dorothy490 : what the point in showing part of order value if you want to hide other part? [2016-05-05 19:48:44] sleger : Attract takers? [2016-05-05 19:49:11] sleger : BitMEX_Sam: what is 'notional' in your roe formula? [2016-05-05 19:49:30] dorothy490 : but arb bots will plaec bets behind your order [2016-05-05 19:51:40] dorothy490 : BitMEX_Sam: can someone see my stop market orders? [2016-05-05 19:53:00] sleger : All admins can see it [2016-05-05 19:55:25] tscha : haha https://twitter.com/gavinandresen/status/728306636847222786 [2016-05-05 19:56:54] tscha : plot twist - we are all satoshi, so craig wright is too [2016-05-05 19:58:31] dorothy490 : can market makers or other users xept admins see them? [2016-05-05 20:03:02] QuantFocus : Let's get some liquidity on the XBTU boys [2016-05-05 20:05:50] habibi : QuantFocus: new mm? [2016-05-05 20:06:19] QuantFocus : It appears that way [2016-05-05 20:06:35] QuantFocus : Although I'm not by any official declaration [2016-05-05 20:09:22] hello : . [2016-05-05 20:09:23] hello : ... [2016-05-05 20:09:23] hello : . [2016-05-05 20:09:24] hello : . [2016-05-05 20:09:29] hello : hello> [2016-05-05 20:12:58] rapidtrades : hello: shut up [2016-05-05 20:13:33] rapidtrades : support? why do I have to rearrange the chat box and close the chart every single time I reload this window [2016-05-05 20:13:47] rapidtrades : can't u save my preferences [2016-05-05 20:14:45] wildc : where is the ethxbt market? [2016-05-05 20:16:00] rapidtrades : says etherium right there >>>>^^^^^^^^^ [2016-05-05 20:16:20] wildc : not that one [2016-05-05 20:16:40] rapidtrades : the swap will be live soon [2016-05-05 20:23:33] habibi : wildc: reading with understanding is what u need to do [2016-05-05 20:48:01] sleger : podizzle3k: what's your problem ? "podizzle3k: sleger on the other hand......" [2016-05-05 22:36:24] tscha : This Craig Wright guy actually (supposedly) gave lectures in Digital Forensics, Malware Analysis, Pentration Testing etc... [2016-05-05 22:36:33] tscha : so MITM could really have been possible [2016-05-05 22:36:46] tscha : or tampered laptop [2016-05-05 22:59:38] tscha : call me naive, but I still think it's him [2016-05-05 23:03:23] podizzler3000 : https://bitcoinmagazine.com/articles/satoshi-saga-continues-tulip-trust-trustee-expected-to-appear-by-september-says-joseph-vaughnperling-1462467803 [2016-05-05 23:03:32] podizzler3000 : this would support your theory [2016-05-05 23:47:38] rapidtrades : settlement pump or dump? place ur bets fellas [2016-05-06 00:08:13] ayy_lmao : settlment ump [2016-05-06 00:14:23] sleger : tscha: http://www.drcraigwright.net/homepage.jpg [2016-05-06 00:14:53] sleger : looks like you lost your bet although you might actually have been right indeed [2016-05-06 00:24:15] j8 : sleger: how does it feel to be #1 [2016-05-06 00:25:26] rapidtrades : how did he losee the bet [2016-05-06 00:25:46] uiop : <podizzler3000> https://bitcoinmagazine.com/articles/satoshi-saga-continues-tulip-trust-trustee-expected-to-appear-by-september-says-joseph-vaughnperling-1462467803 [2016-05-06 00:25:56] uiop : ^ the interviewee sounds full of himself [2016-05-06 00:26:09] uiop : i don't see what's so complicated about this [2016-05-06 00:26:24] uiop : "satoshi" does NOT need to move any coins to prove he holds the key [2016-05-06 00:27:17] uiop : all he (or she) needs to do is SIGN a message THAT COULDNT HAVE EXISTED BEFORE AND BEEN SIGNED BEFORE AND THE SIGNATURE OF WHICH IS PUBLIC KNOWLEDGE [2016-05-06 00:27:44] uiop : a message like "<<describe some world event that happened yesterday in a sentence>>" [2016-05-06 00:27:57] uiop : then publish the ONE LINE signature AS TEXT in PUBLIC [2016-05-06 00:28:13] uiop : then everyone can simply verify the signature using his public key [2016-05-06 00:28:18] uiop : using whatever software they want [2016-05-06 00:28:37] uiop : </uiop's-rant-in-public-maybe-someone-will-see> [2016-05-06 00:28:55] rapidtrades : NOONE CARES [2016-05-06 00:29:17] rapidtrades : go spam on r/bitcoin u lil bitch [2016-05-06 00:29:26] uiop : rapidtrades: r u grumpy because you got some banga today? [2016-05-06 00:29:56] uiop : rapidtrades: were you trading too SLOWLY or too RAPIDLY???? [2016-05-06 00:30:10] rapidtrades : how is this useful for trading? we're here to make $$$ [2016-05-06 00:30:23] uiop : do you turn LEFT when you mean to turn RIGHT someTIMES? [2016-05-06 00:30:36] rapidtrades : i turn wright allright [2016-05-06 00:31:16] uiop : rapidtrades: “When the wise man points at the Moon, the idiot looks at the finger.” [2016-05-06 00:31:45] uiop : not to presume i'm wise, but the quote fit too well [2016-05-06 00:42:08] viptrader : guys, what happens when settlement? trade closed? [2016-05-06 00:45:08] BitMEX_Arthur : viptrader: You position does not exist any longer [2016-05-06 00:45:29] BitMEX_Arthur : However, today we will launch our first product that never settles, `ETHXBT` [2016-05-06 00:45:38] BitMEX_Arthur : so you will never have to worry about settlement again [2016-05-06 00:47:41] rapidtrades : greaaaat [2016-05-06 00:47:47] rapidtrades : here goes nothing i guess [2016-05-06 00:48:35] uiop : BitMEX_Arthur, BitMEX_Wally, BitMEX_Sam: the ETHXBT spot-fx-swap-simulating contract is a great idea, good job [2016-05-06 00:49:00] uiop : BitMEX_* if i missed some [2016-05-06 00:49:09] BitMEX_Sam : uiop: Thanks [2016-05-06 00:51:42] uiop : i'm curious to see what impact it'll have on the ETH futs term structure through arbitrage [2016-05-06 00:53:07] uiop : it seems like (at least theoretically) it'll make the ETH futs basis mirror the poloniex swap rate differential [2016-05-06 00:53:10] uiop : ? [2016-05-06 00:53:53] BitMEX_Sam : We won't be running ETHXBT & the ETH futs at the same time [2016-05-06 00:54:00] uiop : ohh [2016-05-06 00:54:10] BitMEX_Arthur : The goal is to concentrate liquidity [2016-05-06 00:54:14] uiop : ah gotcha [2016-05-06 02:03:46] zanza : I am very curious to see how this works out! [2016-05-06 04:13:03] alchemist : How're people making the most money on this exchange, speculation or cash or carry, market making or otherwise? [2016-05-06 04:13:28] alchemist : If I was to get good at one thing first. What should I focus in first? [2016-05-06 04:30:21] uiop : alchemist: whichever one you think you'll have the most edge in [2016-05-06 04:31:25] j8 : also depends on what size you're trading, and what kind of risk you want to take on [2016-05-06 04:45:57] arbitrage001 : j8: you are bitcoin full timer? [2016-05-06 04:46:12] arbitrage001 : seen you here everytime i am on [2016-05-06 04:46:31] j8 : yeah trading full time for the past year or so [2016-05-06 04:46:37] arbitrage001 : nice [2016-05-06 04:46:40] arbitrage001 : me too [2016-05-06 04:46:47] arbitrage001 : but longer [2016-05-06 04:46:54] arbitrage001 : last year was bad [2016-05-06 04:48:04] j8 : yeah i was trading and doing other things for a couple years [2016-05-06 04:48:09] arbitrage001 : crazy wild ride from 200 to 1200 then bback to 300 [2016-05-06 04:49:18] arbitrage001 : is trading the only viable thing to do ? [2016-05-06 04:49:29] arbitrage001 : mining no longer profitable [2016-05-06 04:49:39] arbitrage001 : or has mining ever been profitable [2016-05-06 04:50:07] j8 : it still is, it's just a high entry cost [2016-05-06 04:50:57] miramm1115 : arbitrage001: there is always an option to get a real job ;-) [2016-05-06 04:51:28] arbitrage001 : miramm1115: real job doesnt pay much [2016-05-06 04:52:01] miramm1115 : depends on a job I guess [2016-05-06 04:52:04] arbitrage001 : unless you are in transnational company high [2016-05-06 04:52:12] arbitrage001 : high management position [2016-05-06 04:53:31] arbitrage001 : a senior developer in silicon vally might make 150k to 200k a year [2016-05-06 04:54:00] arbitrage001 : but after cost of living, he can barely save any money [2016-05-06 04:54:18] arbitrage001 : better off moving to 3rd wworld country and get paid in USD [2016-05-06 04:55:49] miramm1115 : I've been to some 3rd world countries, no thanks, I'll stay in Canada [2016-05-06 04:56:01] j8 : bitcoin is the best way to save. you're never tempted to spend it anywhere [2016-05-06 04:56:21] j8 : because no one accepts it :) [2016-05-06 04:56:27] arbitrage001 : i am in 3rd world [2016-05-06 04:56:46] miramm1115 : j8: nice one [2016-05-06 04:56:46] arbitrage001 : wont bbelieve what people do for nickle and dime here [2016-05-06 04:57:06] arbitrage001 : so, anyone earning usd or bitcoin live like a king [2016-05-06 04:57:20] arbitrage001 : even if it is relatively low income [2016-05-06 04:58:11] miramm1115 : yeah, I can imagine [2016-05-06 05:02:04] miramm1115 : j8: I saw you mentioned something about sleger being #1 on the leaderboard? [2016-05-06 05:02:31] miramm1115 : did he say something like that? [2016-05-06 05:02:55] j8 : no, i was just testing his reaction :) didn't get anything out of him [2016-05-06 05:03:13] miramm1115 : ah, ok [2016-05-06 05:03:55] j8 : it is him though, lets face it [2016-05-06 05:04:20] miramm1115 : idk, he's supposed to have higher ROE [2016-05-06 05:04:44] j8 : yeah, the formula is dumb though, mine's off by a factor of 5 or more [2016-05-06 05:04:52] arbitrage001 : suprise not seein him up there also [2016-05-06 05:05:13] arbitrage001 : but pure btc earning isnt accurate measure [2016-05-06 05:05:26] arbitrage001 : some people doing arbitrage across many platforms [2016-05-06 05:05:48] arbitrage001 : lose here, gain somewhere else and vice versa [2016-05-06 05:09:41] alchemist : j8: what do you do most [2016-05-06 05:10:30] j8 : i make the most on long term positions on the quarterly / biquarterly [2016-05-06 05:12:10] zanza : so 7 hours till new ETH contract? [2016-05-06 05:12:33] zanza : how are the new fees compared to the old ones? [2016-05-06 05:12:33] arbitrage001 : zanza: should be [2016-05-06 05:13:16] arbitrage001 : zanza: fee should be same [2016-05-06 05:13:27] arbitrage001 : will kknow for sure when it is live [2016-05-06 05:13:31] zanza : I see they added 2 new headings under Fees page [2016-05-06 05:13:32] zanza : Long Funding Fee Short Funding Fee [2016-05-06 05:14:07] arbitrage001 : one side will need to pay interest [2016-05-06 05:14:14] arbitrage001 : and the other side recceive [2016-05-06 05:14:30] BitMEX_Wally : Improving the ROE formula is tricky because we don't record leverage used, just the raw executions so we have PNL [2016-05-06 05:27:48] j8 : seems there should be a simple way to count the base equity without double counting deposits that came after withdrawals.. but i can't think of it right now [2016-05-06 05:32:25] podizzle3k : ;amded ;ole a bpss [2016-05-06 05:32:29] podizzle3k : whoops [2016-05-06 05:32:32] podizzle3k : landed like a boss [2016-05-06 05:33:26] j8 : something like: if i withdraw 10 btc this makes room for 10 btc of deposits which doesn't count toward the base equity (the denominator of the ROE formula) @BitMEX_Wally [2016-05-06 05:43:41] QuantFocus : I like the interface, BitMEX team [2016-05-06 06:39:36] REKT : Liquidated short on `XBT24H`: Buy 50 @ 450.43 [2016-05-06 06:48:42] tscha : j8: lol @ "bitcoin is the best way to save" [2016-05-06 07:26:18] rapidtrades : fellas? [2016-05-06 07:29:18] rapidtrades : ok so i see Arthur says they wont be running 2 ETH contracts at the same time...just as expected [2016-05-06 07:29:40] rapidtrades : push changes down our throat has always been this site's MO [2016-05-06 07:37:53] BitMEX_Arthur : rapidtrades: So you would rather we split liquidity amongst two products? [2016-05-06 07:40:52] rapidtrades : yes [2016-05-06 07:43:23] rapidtrades : this is a very risky move imo....a major reason why i'm using this site is the quanto nature of the contracts, i suspect this is the case for a lot of ppl here [2016-05-06 07:43:58] BitMEX_Arthur : Most traders don't understand the difference between quanto and inverse so it's a moot point [2016-05-06 07:44:17] BitMEX_Arthur : They want liquidity and leverage, and we going to provide that [2016-05-06 07:48:14] rapidtrades : most traders don't make u the most money :) [2016-05-06 09:24:00] habibi : BitMEX_Arthur: some of them want smaller fees as well but what do i know :P [2016-05-06 10:06:43] rapidtrades : tbf, as children we don't know much :) [2016-05-06 11:27:49] podizzle3k : whats up with eth mark price [2016-05-06 11:27:55] podizzle3k : is it in some kind of slowdown mode [2016-05-06 11:30:23] podizzle3k : oh its in TWAT mode i see [2016-05-06 11:30:25] podizzle3k : TWAP [2016-05-06 11:51:49] chromaticcr1 : lol twat mode [2016-05-06 12:00:39] migz : SO ETH x25 is gone? [2016-05-06 12:01:04] rapidtrades : yeah RIP [2016-05-06 12:03:32] BitMEX_Wally : migz: ETH 25x is still here: https://www.bitmex.com/app/trade/ETHXBT [2016-05-06 12:03:37] BitMEX_Wally : It just does not expire every Friday [2016-05-06 12:03:53] BitMEX_Wally : Instead it is marked to spot every Friday and you can withdraw the PNL [2016-05-06 12:03:58] migz : I see. Thats why :) [2016-05-06 12:05:09] habibi : BitMEX_Wally: any new tabs to show funding rate in positions tab? [2016-05-06 12:05:36] BitMEX_Wally : You can see the funding rate on the contract spec: https://www.bitmex.com/app/contract/ETHXBT [2016-05-06 12:05:50] BitMEX_Wally : Or on the fees page: https://www.bitmex.com/app/fees [2016-05-06 12:06:03] rapidtrades : 0.1% sweet [2016-05-06 12:06:31] BitMEX_Wally : So if you are short `ETHXBT` in 24 hours you will be paid 0.11% [2016-05-06 12:07:15] habibi : so 0.11 btc when short is valued at 100 btc [2016-05-06 12:07:15] BombaUcigasa : Damn, that's 11% of your margin every day [2016-05-06 12:07:28] BitMEX_Wally : `ETHXBT` is 25x maximum [2016-05-06 12:07:40] BombaUcigasa : Oh, right [2016-05-06 12:08:10] BitMEX_Wally : If you are long you pay the rate [2016-05-06 12:08:12] BombaUcigasa : So in a month or so, you swap out your whole long [2016-05-06 12:08:20] podizzle3k : yr fkd [2016-05-06 12:08:24] haxmb : BitMEX_Wally: why is the rest api giving empty orderbooks? [2016-05-06 12:08:40] BitMEX_Wally : haxmb: Which symbol? [2016-05-06 12:08:43] haxmb : did the symbol change? [2016-05-06 12:08:44] haxmb : ETH7D [2016-05-06 12:08:52] BitMEX_Wally : New symbol is `ETHXBT` [2016-05-06 12:08:55] haxmb : oh shit [2016-05-06 12:08:57] haxmb : ok [2016-05-06 12:08:59] haxmb : any other changes? [2016-05-06 12:09:05] BombaUcigasa : BitMEX_Wally: when will we see the XBT swap contract? [2016-05-06 12:09:17] BitMEX_Wally : haxmb: It's gone from being a future to being a total return swap [2016-05-06 12:09:23] BitMEX_Wally : You pay or receive funding every 24 hours. [2016-05-06 12:09:28] BitMEX_Wally : Apart from that it's very similar [2016-05-06 12:09:32] haxmb : Ok so no more weekly settlement [2016-05-06 12:09:35] haxmb : but daily rebalances? [2016-05-06 12:09:39] haxmb : (basically) [2016-05-06 12:09:42] BitMEX_Wally : Weekly rebalance [2016-05-06 12:09:50] haxmb : weekly rebalance, daily interest? [2016-05-06 12:09:51] podizzle3k : weekly oh god thats gonna sting [2016-05-06 12:10:37] BitMEX_Wally : The interest rate is taken with reference to the ETH and XBT borrow rates on Poloniex [2016-05-06 12:10:40] haxmb : so 0.1% per day on whole position if short? [2016-05-06 12:10:49] haxmb : 0.1089 [2016-05-06 12:10:53] BitMEX_Wally : That's the current rate [2016-05-06 12:10:59] haxmb : ok [2016-05-06 12:11:00] haxmb : damn son [2016-05-06 12:11:07] BitMEX_Wally : The XBT borrow rate is quite high on Poloniex at the moment, it will come down again [2016-05-06 12:11:12] haxmb : well cheers for the info [2016-05-06 12:11:15] haxmb : great [2016-05-06 12:11:29] podizzle3k : i miss derivatives [2016-05-06 12:11:49] habibi : BitMEX_Wally: u promise :p? [2016-05-06 12:12:35] podizzle3k : can u tell im long eth [2016-05-06 12:15:43] rapidtrades : bet on falling eth,...u'll make money while u make money [2016-05-06 12:15:52] zanza : `Perpetual Swap` [2016-05-06 12:16:02] zanza : `Get Hyped` [2016-05-06 12:16:06] podizzle3k : rapidtrades you have to be all over this .1% [2016-05-06 12:16:07] BitMEX_Wally : :) [2016-05-06 12:16:10] podizzle3k : youre the premium king [2016-05-06 12:16:17] rapidtrades : the future is here [2016-05-06 12:16:19] podizzle3k : just totally ignore trends and go with the premium [2016-05-06 12:16:39] podizzle3k : price could move 5% up but fk it, its all about that .1% baby [2016-05-06 12:16:49] rapidtrades : 0.1% is pretty sweet [2016-05-06 12:16:59] podizzle3k : yeah thats some good arbitrage right [2016-05-06 12:17:38] podizzle3k : ;) [2016-05-06 12:17:48] zanza : so I could park my BTC here for .1% per day? [2016-05-06 12:18:04] rapidtrades : yes, yes u can :) [2016-05-06 12:18:30] zanza : that seems too good to be true :) [2016-05-06 12:18:48] rapidtrades : wally says it wont last [2016-05-06 12:19:04] rapidtrades : but today we celebrate [2016-05-06 12:19:07] zanza : i see [2016-05-06 12:19:12] zanza : it changes everyday [2016-05-06 12:19:17] podizzle3k : and tonight we dine in hell [2016-05-06 12:19:26] podizzle3k : sorry that just felt appropriate [2016-05-06 12:19:46] trestres : BitMEX_Wally: 0.1% was yesterday on POLO the average or the weighed average? [2016-05-06 12:19:54] zanza : so is .1% the Polinex rate? [2016-05-06 12:20:04] zanza : ^ good quest [2016-05-06 12:20:15] BitMEX_Wally : 0.11% was the average over the last 24 hours [2016-05-06 12:20:27] BitMEX_Wally : We take a 24 TWAP snap every day at 12:00 UTC [2016-05-06 12:20:38] trestres : so the average... correct? [2016-05-06 12:20:38] BitMEX_Wally : Then we apply that funding rate 24 hours later [2016-05-06 12:20:45] BitMEX_Wally : Time weighted average, yes [2016-05-06 12:21:10] zanza : so, does BitMEX have an account on Polinex and actually execute trades? [2016-05-06 12:21:11] trestres : time weighted... not volume... correct? [2016-05-06 12:21:51] zanza : time yes [2016-05-06 12:22:06] trestres : ok... thank you [2016-05-06 12:23:35] BitMEX_Wally : zanza: BitMEX does not trade [2016-05-06 12:23:55] habibi : BitMEX_Wally: are u about to add new volatile coins? not another factom but for example digix dao? [2016-05-06 12:24:00] zanza : it seems like behind the scenes there has to be a way to back it up tho since its not futures? [2016-05-06 12:24:18] BitMEX_Wally : zanza: It's long vs short, same as futures [2016-05-06 12:24:32] zanza : but no counterparty here? [2016-05-06 12:24:54] zanza : oh, there is counterparty [2016-05-06 12:24:57] zanza : i see [2016-05-06 12:25:11] BitMEX_Wally : BitMEX is the central counterparty for clearing, we just move the money between the long and short counterparties [2016-05-06 12:25:23] zanza : got it, thanks [2016-05-06 12:28:05] zanza : so, if you close your position before 12 UTC, u pay 0 fee [2016-05-06 12:28:18] BitMEX_Wally : zanza: Correct [2016-05-06 12:28:33] zanza : i am interested to see how this owrks out [2016-05-06 12:28:38] BitMEX_Wally : So are we [2016-05-06 12:28:42] zanza : :):):) [2016-05-06 12:29:22] zanza : people like simple and leverage, this is both [2016-05-06 12:32:01] zanza : anything think its a strange coincidence that BitMEX released perpetual contract, the same time Craig Wright disappears?? [2016-05-06 12:33:06] zanza : ▲ [2016-05-06 12:34:22] habibi : yep, also last trade on eth was made at 54 second of minute -> Satoshi is father --> Father is Arthur --> everything is clear. [2016-05-06 12:34:47] BitMEX_Sam : Don't tell anyone [2016-05-06 12:35:11] rapidtrades : stop sucking bitmex ass for 0.1% guys [2016-05-06 12:35:38] donchard : BitMEX_Sam: when is xbt swaps coiming [2016-05-06 12:35:53] BitMEX_Sam : Once we've fully evaluated ETHXBT [2016-05-06 12:36:23] zanza : its a live Beta kind of [2016-05-06 12:37:18] donchard : BitMEX_Sam: so all quanto is going [2016-05-06 12:37:37] BitMEX_Sam : The long-dated XBT futures will remain for the time being [2016-05-06 12:38:14] rapidtrades : RIP quanto :( [2016-05-06 12:38:38] donchard : till it expires in septmber [2016-05-06 12:41:06] donchard : BitMEX_Sam: will xbt swaps be quanto [2016-05-06 12:41:25] habibi : donchard: u in 1 % of traders that know what is quanto, good for u [2016-05-06 12:41:34] BitMEX_Sam : We are still evaluating but they likely will be $1 inverse conts [2016-05-06 12:55:44] subjective : no one sell ETH [2016-05-06 13:01:50] habibi : BitMEX_Sam: could u add to calculator rate calc? [2016-05-06 13:07:23] rapidtrades : fimex fomos about everything, eth, btc [2016-05-06 13:07:31] rapidtrades : a bunch of retards [2016-05-06 13:22:06] Patryn : Question: My entry price in XBTU16 is $581. Market price, $561. My unrealized PNL is in the negative... a $20 dip in my favour isn't enough to generate a profit? [2016-05-06 13:23:03] BitMEX_Sam : Patryn: There was a rebalance just over an hour ago, so your unrealised profit went into the realised column [2016-05-06 13:23:29] BitMEX_Sam : Your unrealised profit is based on the mark price movements since 12 UTC (the last 80 minutes) [2016-05-06 13:24:04] Patryn : Gotcha, thanks. [2016-05-06 13:24:15] BitMEX_Sam : habibi: Rate calc sounds good, will add it to my list [2016-05-06 13:24:24] BitMEX_Sam : Can do simple daily compounding interest [2016-05-06 13:24:43] BitMEX_Sam : The rate changes pretty frequently though, so not sure how useful it will be, but it's something [2016-05-06 13:26:59] BitMEX_Sam : Rather, it would not compound because your position doesn't get larger/smaller due to the interest - so it's a very simple calc [2016-05-06 13:27:33] rapidtrades : ur position got larger/smaller with quanto :( [2016-05-06 13:27:49] rapidtrades : RIP quanto, you'll be missed [2016-05-06 13:28:20] BitMEX_Sam : That's not how it works [2016-05-06 13:40:11] BitMEX_Wally : rapidtrades: Was ETH7D a quanto contract? [2016-05-06 13:41:15] podizzle3k : so can we close our ETH long before a certain time to avoid lending fees? [2016-05-06 13:42:03] zanza : quiz time