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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-05-15 01:36:37] Mangalica : etc [2016-05-15 01:36:50] Mangalica : yeah thats a breed called puli [2016-05-15 01:37:01] Mangalica : there is also a bigger one called komondor [2016-05-15 01:38:56] Mangalica : and of course pigs [2016-05-15 01:50:51] REKT : Liquidated short on `ETHXBT`: Buy 95 @ 0.02263 [2016-05-15 02:52:34] okaycn : 管理员,新合约有没有中文版的说明呢? [2016-05-15 02:53:14] okaycn : 手续费是如何收取的,这一点不是很清楚 [2016-05-15 02:55:54] Mangalica : I'm not sure whether any mods speak chinese [2016-05-15 03:03:05] sq : hes asking whether there is any Chinese version of the contract definition for the new contracts? and how the fees are calculated [2016-05-15 03:03:09] sq : lol.. [2016-05-15 03:03:57] sq : gd luck explaining back in cn though [2016-05-15 03:10:03] BitMEX_Wally : BitMEX_Jinming will answer in Chinese :) [2016-05-15 03:10:25] sq : haha well done [2016-05-15 03:13:05] BitMEX_Jinming : okaycn: 目前没有中文说明,我们正在制作中。 [2016-05-15 03:13:36] BitMEX_Jinming : okaycn: 请问您想了解的是哪个合约? [2016-05-15 03:14:08] okaycn : XBTUSD [2016-05-15 03:15:27] okaycn : XBTUSD 这个合约,开仓和平仓的手续费怎么收取? [2016-05-15 03:16:31] okaycn : Funding: 0.0516% in 9 hours,,这个值得的开多单需要每天掏这么多的手续费,开空单能够赚取这么多的手续费吗? [2016-05-15 03:20:19] BitMEX_Jinming : okaycn: 如果你开长仓并持有超过9小时你需要付这么多的funding。如果你来短仓,你可以赚取这么多的funding [2016-05-15 03:23:03] BitMEX_Jinming : 我们仅收取开仓和平仓的手续费,对于funding完全是长仓付给短仓,我们不收取任何费用。 [2016-05-15 03:24:13] okaycn : 哦 ,那么开仓和平仓的手续费是多少呢?? [2016-05-15 03:24:42] BitMEX_Arthur : okaycn: https://blog.bitmex.com/bitmex%E6%97%A0%E4%BA%A4%E5%89%B2%E5%90%88%E7%BA%A6-%E5%88%A9%E7%8E%87%E4%BA%92%E6%8D%A2/ [2016-05-15 03:26:19] BitMEX_Jinming : 如果你提供流动性,你会获得0.025%,否则会被收取0.075% [2016-05-15 03:27:55] BitMEX_Arthur : 读书这个博客文章 [2016-05-15 03:28:08] okaycn : 哦 ,好的 [2016-05-15 03:31:18] Blargwaffle : 清昌创叮咚 [2016-05-15 03:31:56] Blargwaffle : (sorry if that's a swear, just some humour) [2016-05-15 03:32:35] Mangalica : worse humor than my ETH short attempts [2016-05-15 03:32:47] Blargwaffle : You get it? [2016-05-15 03:33:03] Mangalica : i have a translator tool thingy installed [2016-05-15 03:33:09] Blargwaffle : Ehehe. [2016-05-15 03:34:53] BitMEX_Wally : Chinese URL: https://blog.bitmex.com/bitmex无交割合约-利率互换/ [2016-05-15 04:25:27] Samirum : Chinese mode [2016-05-15 05:04:57] chromaticcr1 : okaycn: 有什么问题也可以QQ我~ 1018861152,你附注BitMEX加你聊吧 [2016-05-15 06:00:06] REKT : Liquidated long on `ETHXBT`: Sell 475 @ 0.02239 [2016-05-15 06:54:58] sq : https://www.bitmex.com/api/v1/trade?symbol=.A50&count=1&reverse=true returns [] [2016-05-15 06:55:07] sq : is it because A50 mkt is closed? [2016-05-15 06:56:14] sq : or is it because .A50 is not available through the API? [2016-05-15 06:56:15] sq : tks [2016-05-15 06:56:20] sq : thats the index for a50 [2016-05-15 07:01:15] podizzle3k : eth making overleveragers pay with those instadumps [2016-05-15 07:01:25] podizzle3k : fair price has no chill on eth [2016-05-15 07:01:34] podizzle3k : when its polo only [2016-05-15 07:01:42] podizzle3k : maybe it should be a polo/kraken/bitfinex index [2016-05-15 07:09:00] BitMEX_Wally : podizzle3k: Poloniex would be 70% of that index [2016-05-15 07:11:42] podizzle3k : yeah then the fair price on that dump would have been down to .02212 instead of .02204 [2016-05-15 07:11:52] podizzle3k : .4% difference [2016-05-15 07:13:07] podizzle3k : not much difference but i know if i had my buy stop target at .2205 i would have liked it [2016-05-15 07:15:15] podizzle3k : but i guess those two pips would have saved the guy with a stop target at .2205 [2016-05-15 07:15:19] podizzle3k : do those still exist? [2016-05-15 07:17:09] sq : BitMEX_Wally: could u pls ans my qn tks [2016-05-15 07:24:51] REKT : Liquidated long on `ETHXBT`: Sell 93 @ 0.02218 [2016-05-15 07:35:51] BitMEX_Wally : sq: The BitMEX China A50 index is only calculated at settlement [2016-05-15 07:36:17] sq : but .xbt is live? [2016-05-15 07:38:29] BitMEX_Arthur : sq: Yes that is calculated every 1 minute [2016-05-15 07:40:23] sq : ok tks vm [2016-05-15 07:43:05] BitMEX_Wally : You can get a .XBT straight from Kaiko, will be faster [2016-05-15 07:43:58] sq : ic ok [2016-05-15 08:19:24] sq : if we bought the xbt swap just 1min before funding time (12:00 UTC) and held it across funding time, will we still be paid 0.0516%?' [2016-05-15 08:23:00] BitMEX_Wally : If you are long XBTUSD at 12:00 UTC then you will pay [2016-05-15 08:23:25] sq : right. ok tks [2016-05-15 08:24:48] BitMEX_Wally : So you could sell the swap at 11:59:59 UTC and buy back at 12:00:01 UTC and earn 0.0516% but you may notice that the market makers will have increased their prices... [2016-05-15 08:25:30] sq : ok, i guess the price will adjust ~ the 0.0516% just like a dividend event [2016-05-15 09:37:06] REKT : Liquidated long on `ETHXBT`: Sell 10 @ 0.02198 [2016-05-15 10:18:06] subjective : When is the DAO price going to change to 1.05? [2016-05-15 10:23:16] ggwp : it already has [2016-05-15 10:42:23] null : if DAO is going to be 1.5 at end of presale, would it make sense to buy DAOETH at 0.012? Does 0.012 mean 1.2ETH per DAO? [2016-05-15 10:44:24] BitMEX_Wally : null: 1.5 ETH is for 100 DAO [2016-05-15 10:45:38] BitMEX_Wally : So just before the end of the pre-sale DAO tokens will be available at 0.015 ETH [2016-05-15 10:47:04] null : so if I buy DAOETH at 12 I can make the spread? whats the catch? [2016-05-15 10:48:18] BitMEX_Wally : Just because they raise the offering price from 0.01 to 0.015 does not mean that people will value it at 0.015 [2016-05-15 10:48:52] null : oh [2016-05-15 10:48:58] null : right [2016-05-15 10:50:25] BitMEX_Wally : Every DAO token is backed by 0.01 ETH in the smart contract, and it can be burnt to redeem the 0.01 ETH [2016-05-15 10:50:33] BitMEX_Wally : So that puts a floor on the price at 0.01 [2016-05-15 10:51:02] null : so unless DAO creates some added value, its worth just 0.01 [2016-05-15 10:51:09] BitMEX_Wally : Correct [2016-05-15 10:51:10] null : I dont even know what DAO is [2016-05-15 10:51:20] null : its very vague to me at this point [2016-05-15 10:51:42] null : is Vitalik behind it? https://daohub.org/curator.html [2016-05-15 10:53:00] BitMEX_Wally : No, he's just been appointed a curator, which comes with very little power [2016-05-15 10:53:36] null : who is behind it then? [2016-05-15 10:54:21] BitMEX_Wally : https://slock.it/team.html [2016-05-15 10:54:22] ggwp : null: slock.it [2016-05-15 10:55:39] null : interesting [2016-05-15 12:13:21] REKT : Liquidated long on `ETHXBT`: Sell 310 @ 0.02192 [2016-05-15 12:13:21] REKT : Liquidated long on `ETHXBT`: Sell 30 @ 0.02196 [2016-05-15 12:16:22] Franzweiss : why you took away the daily and weekly contracts? [2016-05-15 12:16:54] Franzweiss : will you put it back soon? [2016-05-15 12:21:03] BitMEX_Wally : Franzweiss: To consolidate liquidity in `XBTUSD` [2016-05-15 12:22:19] Franzweiss : ok I see... but then we need to have a 3 months and 6 monts contracts. [2016-05-15 12:22:57] BitMEX_Wally : You can trade `XBTM16` and `XBTU16` [2016-05-15 12:23:54] Franzweiss : yew, I am doing it.. but please go on with this contracts, December ect.... that is usefull. [2016-05-15 12:24:13] Franzweiss : yes [2016-05-15 12:25:48] Franzweiss : will you offer this contracts later in the year? [2016-05-15 12:26:04] BitMEX_Wally : If people are trading `XBTU16` then we will launch a December contract [2016-05-15 12:27:14] Franzweiss : well open value for M16 is growing... and in a few days I will strat trading U16, quite a quantity [2016-05-15 12:27:43] Franzweiss : start [2016-05-15 12:28:21] Franzweiss : if you wish I can concentrate more volumes on U16 [2016-05-15 12:29:16] Franzweiss : by concentrating on bitmex. [2016-05-15 12:32:03] subjective : when does DAO mark price update? shouldn't it be at 1.05 already? [2016-05-15 12:32:48] BitMEX_Wally : We will update the mark price to match the price the future is trading at [2016-05-15 12:33:22] BitMEX_Wally : But just because the DAO offer price is raised does not mean the DAO becomes more valuable [2016-05-15 12:33:48] BitMEX_Arthur : If you read the docs, each DAO holds 0.01 ETH [2016-05-15 12:33:54] subjective : BitMEX_Wally: isn't it trading at 0.011 already? [2016-05-15 12:34:07] BitMEX_Arthur : If you pay 0.01 ETH for 1 DAO, the extra goes into some sort of slush fund [2016-05-15 12:34:16] BitMEX_Arthur : It doesn't increase the intrinsic value of DAO [2016-05-15 12:40:36] REKT : Liquidated short on `ETHXBT`: Buy 94 @ 0.02197 [2016-05-15 12:55:03] giviz : hello [2016-05-15 12:55:32] giviz : I'm confused with my current DAO position, I'm used to trade on polo and that's my first trade here, I'm don't really understand my current P/L [2016-05-15 12:56:24] BitMEX_Arthur : `DAOETH` is a quanto contract, basically that means we take a fixed Bitcoin multiplier of 1 and apply it to the nominal `DAOETH` price [2016-05-15 12:56:50] BitMEX_Arthur : so if you buy at 0.01 ETH and it rises to 0.02 ETH, you have made 0.01 Bitcoin [2016-05-15 12:57:26] BitMEX_Arthur : It is a little different than trading on polo because there is no concept of the profit and loss currency being different than the quote currency [2016-05-15 12:58:13] BitMEX_Arthur : for the same example, if you were trading DAOETH on polo, your profit would be 0.01 ETH because that is the currency the pair is quoted in [2016-05-15 12:58:15] giviz : So I'm buy 30 contracts at 0.0112 and now it'at 0.01 so I'm in a 0.036 loss, is that correct ? [2016-05-15 12:58:37] BitMEX_Arthur : That is where the price is marked, we will be updating that periodically to match where the futures contract is trading [2016-05-15 12:58:53] BitMEX_Arthur : so say you bought at 0.0112, the price is 0.01186 on the bid [2016-05-15 12:58:59] BitMEX_Arthur : so you could sell your 30 contracts at a profit [2016-05-15 13:00:13] giviz : The part that confuse me is the Mark Price column [2016-05-15 13:00:28] BitMEX_Wally : DAO tokens can be turned back into ETH at a price of 0.01 [2016-05-15 13:00:33] BitMEX_Wally : So that is what we are currently using as the mark price [2016-05-15 13:02:20] giviz : tomorrow DAO price will be higher, with that Mark Price change and how will that affect my position ? [2016-05-15 13:02:46] BitMEX_Wally : Just because they are going to sell them at a higher price does not mean they worth more [2016-05-15 13:02:48] giviz : s/with/will [2016-05-15 13:03:02] giviz : ok [2016-05-15 13:03:07] BitMEX_Wally : The mark price is just used for calculating unrealised PNL and triggering liquidations [2016-05-15 13:03:27] giviz : so it's just an indication, not really the main thing to focus on [2016-05-15 13:03:30] BitMEX_Wally : Yeah [2016-05-15 13:03:33] giviz : ok ! [2016-05-15 13:03:47] BitMEX_Arthur : If you want to take profit, focus on where you can sell your contracts in the market [2016-05-15 13:04:14] giviz : now what's the != between Unrealised PNL and realised PNL ? [2016-05-15 13:04:30] giviz : at this point I don't want, I'm just trying to figure out how your plateform operate [2016-05-15 13:04:52] giviz : sorry for the noob questions ^^ [2016-05-15 13:04:55] BitMEX_Arthur : If you have a position in profit, you have unrealised pnl because you haven't closed it yet. Once you close it, you will realise your profit [2016-05-15 13:05:32] BitMEX_Arthur : Realised profit is yours to withdraw or re-leverage on additional contracts [2016-05-15 13:06:25] giviz : that's fees ? [2016-05-15 13:08:09] giviz : just seen that you've made some videos to explain some of that stuff on youtube, I will start by watching this ^^ [2016-05-15 13:10:24] BitMEX_Wally : If you buy and then sell, that is realised PNL. If you buy and the price goes up/down, that is unrealised PNL until you lock it in by selling [2016-05-15 13:10:55] giviz : I see :) [2016-05-15 13:12:07] giviz : I've -0,0006XBT as Realized PNL and I've only bought, that's why I found that confusing (as I expected all of it to be unrealised at that point) [2016-05-15 13:12:35] BitMEX_Wally : That's fees [2016-05-15 13:13:05] giviz : ok, that was my idea of it ^^ [2016-05-15 13:37:15] j8 : so if you buy the presale now and sell the future you can lock in a 20% gain over 40 days? [2016-05-15 13:38:00] BitMEX_Arthur : Correct, you still have to hedge your ETH/XBT risk but `ETHXBT` is here to the rescue [2016-05-15 13:39:40] j8 : that's a massive premium [2016-05-15 13:40:22] BitMEX_Arthur : The fact that DAO has 12.5% of the ETH float tied up in their ICO is insane as well [2016-05-15 13:40:30] j8 : it is [2016-05-15 13:40:34] BitMEX_Arthur : You can see the effects of that on the ETHXBT funding rate [2016-05-15 13:40:50] BitMEX_Arthur : longs get paid 55bps today [2016-05-15 13:45:28] vip : anyone here? [2016-05-15 13:48:32] BitMEX_Wally : vip: Hello [2016-05-15 13:49:03] vip : how can i buy bitcoin here?? [2016-05-15 13:49:14] BitMEX_Wally : You can't [2016-05-15 13:49:26] BitMEX_Wally : You have to deposit Bitcoin on BitMEX and then you can trade our products [2016-05-15 13:49:30] vip : oo my bad [2016-05-15 14:44:28] babybaby : DAO gonna go up, ETH and BTC down [2016-05-15 15:38:38] casacup : is there a way to watch charts on the desktop site? [2016-05-15 15:38:41] casacup : i can't find it on the page [2016-05-15 15:38:46] casacup : is that even possible? [2016-05-15 15:50:33] BitMEX_Wally : casacup: If you cannot see the charts on BitMEX then click on your username in the top right and click 'Reset Layout' [2016-05-15 16:08:08] casacup : thanks for the answer! [2016-05-15 16:14:28] Juba : charts dont work in dark theme [2016-05-15 16:31:55] messiaen8844 : Really nice liquidity on Btcusd, now this is a major improvement [2016-05-15 16:36:05] Juba : wonder when stop loss is coming [2016-05-15 16:39:15] BitMEX_Wally : Juba: We already support Stop orders [2016-05-15 16:39:16] BitMEX_Wally : And trailing Stops [2016-05-15 16:39:32] BitMEX_Wally : In the order drop down choose 'Stop Market' [2016-05-15 16:41:58] giviz : How often are the Mark Price and uPNL calculated ? [2016-05-15 16:42:32] BitMEX_Wally : Every few seconds [2016-05-15 16:44:14] Juba : stop loss order? not take profit order [2016-05-15 16:44:29] BitMEX_Wally : A take profit order is just a limit order [2016-05-15 16:44:37] giviz : so with a Mark price != from the actual traded price, their is no displayed informations of the value of the position if it was market close right now ? [2016-05-15 16:44:51] Juba : I want a stop loss not a take profit [2016-05-15 16:45:10] BitMEX_Wally : Juba: If you are long then place a Stop Market order to sell [2016-05-15 16:46:06] BitMEX_Wally : giviz: Yes, however there is a PNL Calculator you can use, click the calculator icon next to the Order dropdown [2016-05-15 16:47:15] Juba : I want an order to trigger to cut my losses not take profit.. lets say I long 457.34 and if price drops below 450 I want to exit automatically [2016-05-15 16:47:19] giviz : nice, that will do the trick :) [2016-05-15 16:47:51] REKT : Liquidated long on `ETHXBT`: Sell 2 @ 0.02191 :punch: :whale: [2016-05-15 16:49:27] BitMEX_Wally : Juba: Right, so you want a Stop Market order to sell with a StopPx of 450 [2016-05-15 16:49:40] Juba : why not just keep the normal order types and names as any other exchange.. not like ppl come here to trade because your amazing non logical order [2016-05-15 16:50:26] BitMEX_Wally : I have never heard of a Stop order being called a take profit before. That is completely the wrong direction [2016-05-15 16:53:34] giviz : Margin Required/Available 0.0910/0.5157 XBT, but when I try to add a new order of 0.2384xbt of value, it's refused, why as I have 0.5157 available ? [2016-05-15 16:54:08] Juba : lol Wally thats not what I said, im not calling it take profit [2016-05-15 16:54:21] Juba : I just want a simple stop loss order [2016-05-15 16:54:24] Juba : thats it [2016-05-15 16:54:30] BitMEX_Wally : Ok a simple Stop Loss order is a simple Stop order [2016-05-15 16:54:44] BitMEX_Wally : The fact you are using it to exit a position (and reduce loss) is irrelevant [2016-05-15 16:54:51] BitMEX_Wally : You can use a simple Stop order to enter a position if you wanted [2016-05-15 16:55:43] BitMEX_Wally : So, Stop Loss == Stop. Now the question is what kind of order do you want to trigger once the price reaches your stop price? A market order or a limit order? Hence why 'Stop Market' and 'Stop Limit' are options [2016-05-15 16:59:19] Juba : if I long I want it to exit below the price I entered , [2016-05-15 16:59:59] Johnster : BitMEX_Wally: What's the ticker id on TradingView for PS100x ? [2016-05-15 17:02:41] BitMEX_Wally : Juba: Yes, so you want a Stop Market order to sell. And it will trigger once the price is below the stop price [2016-05-15 17:03:17] BitMEX_Wally : giviz: The error message was 'Executing at order price would lead to immediate liquidation'. Please try reducing leverage [2016-05-15 17:03:49] Juba : Wally you dont see how your system is confusing? [2016-05-15 17:04:26] BitMEX_Wally : Juba: How would you enter a Stop Loss on another system? [2016-05-15 17:05:49] BitMEX_Wally : Johnster: TradingView seem to hard code our list of instruments rather than using the API, so XBTUSD is not there. [2016-05-15 17:06:12] Juba : Wally, did you make this system? [2016-05-15 17:07:14] BitMEX_Wally : We use the FIX standard for order types which is used to communicate between trading systems at all banks, exchanges, brokers, etc [2016-05-15 17:07:16] BitMEX_Wally : http://www.fixtradingcommunity.org/FIXimate/FIXimate3.0/en/FIX.5.0SP2/tag40.html [2016-05-15 17:09:08] Juba : maybe the code for execution, in practice its a mess [2016-05-15 17:09:30] BitMEX_Wally : How could we improve the UI? [2016-05-15 17:09:59] Juba : by not overthinking things make it simple [2016-05-15 17:11:33] BitMEX_Wally : Take the example of setting a stop loss order [2016-05-15 17:11:57] BitMEX_Wally : You have to choose 'Stop Market' because that's the order type. You have to type a stop price in, and then click a button [2016-05-15 17:12:01] BitMEX_Wally : How would you make it simpler [2016-05-15 17:13:34] Juba : red button for a buy order for startes [2016-05-15 17:14:13] Juba : set sell stop? am I setting stop order for my sell/short ? [2016-05-15 17:17:01] BitMEX_Wally : So just like we have a simple order called 'Close Market' (that only appears if you have a position). We could have another one called 'Close Stop Loss' [2016-05-15 17:17:17] BitMEX_Wally : Which asks for the Stop Price, and has big red button [2016-05-15 17:27:46] BitMEX_Wally : Juba: Thanks for the feedback [2016-05-15 17:30:04] Juba : take a look at simplefx and how they done the orders. and how you can set stop loss and take profit directly on the chart. and move them around freely [2016-05-15 17:30:41] messiaen8844 : BitMEX_Wally: can I set a start order? I guess I could do a Sell Stop, but that's not possible unless I have already a short position? [2016-05-15 17:32:08] BitMEX_Wally : messiaen8844: You can set a sell stop without a position [2016-05-15 17:33:44] messiaen8844 : both stops are disable when I don't have a position [2016-05-15 17:36:15] messiaen8844 : you might want to improve how this behaves, I found a way [2016-05-15 17:36:37] messiaen8844 : I need to click on a BID or ASK to enable the buy/sell stops buttons [2016-05-15 17:36:44] messiaen8844 : otherwise they are disabled [2016-05-15 17:38:03] BitMEX_Wally : messiaen8844: You can't set a Stop order that will immediately be triggered [2016-05-15 17:38:28] BitMEX_Wally : So you have to choose a Stop Price that is above or below the current mark price [2016-05-15 17:38:43] messiaen8844 : ah, ok, that makes sense [2016-05-15 17:39:10] BitMEX_Wally : Click the bid and ask just changes the Stop Price [2016-05-15 17:50:51] REKT : Liquidated long on `ETHXBT`: Sell 16 @ 0.02187 [2016-05-15 18:00:16] haxmb : BitMEX_Wally: how is the mark price for DAOETH decided? [2016-05-15 18:04:13] messiaen8844 : when does ETH_BTCH_DAO goes online on Polo? [2016-05-15 18:06:16] BitMEX_Sam : messiaen8844: Should be 28 May [2016-05-15 18:06:29] BitMEX_Sam : haxmb: It's set to the original ICO price of 1 ETH per 100 DAO tokens, or 0.01 [2016-05-15 18:06:43] BitMEX_Sam : When trading launches it will be set to the market price on Polo [2016-05-15 18:27:03] haxmb : BitMEX_Sam: ok, and there will be no marking in between? [2016-05-15 18:27:19] haxmb : like the current price of DAO if you buy the tokens [2016-05-15 18:27:49] BitMEX_Sam : No - the reasoning for this is that the value doesn't go up just because the single source is selling them for more [2016-05-15 18:27:57] BitMEX_Sam : e.g. if I sell you a dollar yesterday for $1, then today for $1.05, what is the value? [2016-05-15 18:28:10] BitMEX_Sam : Since there is no secondary market for buying or selling these tokens yet, we consider the price to still be 1 per 100 [2016-05-15 18:28:24] j8 : it's marked with a fair basis now, maybe you didn't see sam. [2016-05-15 18:29:39] BitMEX_Sam : Ah you're correct. Wally must have changed something. I've been out of the house all day [2016-05-15 18:29:45] BitMEX_Sam : My apologies for the false information. [2016-05-15 18:29:56] BitMEX_Sam : I'll check with him and verify what the policy is [2016-05-15 18:33:36] daveberns1 : but the selling price should in theory set some sort of peg [2016-05-15 18:33:49] daveberns1 : which may or may not hold when selling period ends [2016-05-15 18:34:35] j8 : it sets a ceiling for the "spot price" now, but not a floor [2016-05-15 18:35:40] daveberns1 : since there will be no more sold after selling period, could in fact be a floor [2016-05-15 18:35:52] daveberns1 : but will have to wait and see [2016-05-15 18:41:41] j8 : i said the spot price _now_, as in you wouldn't pay more than what they're selling it for (except you might pay more for leverage, like here). and something that _could be_ a floor, isn't. my understanding is that you won't always be able to redeem them for 0.01 eth once the fund starts using them [2016-05-15 18:44:55] daveberns1 : sure [2016-05-15 18:45:10] daveberns1 : no absolute floor [2016-05-15 18:46:02] daveberns1 : but it all depends on demand/market/exchange price post sale period [2016-05-15 18:46:12] daveberns1 : from a speculators point of view [2016-05-15 18:46:32] j8 : yes that's what matters, not the IPO price [2016-05-15 18:47:50] mjones : so i can keep a 100x BTC long open longer than 24 hours now [2016-05-15 18:51:51] j8 : mjones: yes, if you're lucky... the odds are a 100x position will be margin called within 24 hours [2016-05-15 18:53:16] rentchev : j8: shouldn't if you are only investing small portion of your balance [2016-05-15 18:53:37] j8 : i suppose but then it's not really 100x is it [2016-05-15 18:53:45] rentchev : right [2016-05-15 18:55:13] rentchev : I always use cross, but my lev is rarely more than 10 [2016-05-15 18:56:14] j8 : yeah same [2016-05-15 19:00:17] mjones : just wait for the top to blow and get in a 100x long before price goes up 10%. then hope it goes up another 10% and keeps going [2016-05-15 19:02:39] j8 : and hope it doesn't retrace -0.5% and liquidate you before it goes up 10%? [2016-05-15 19:07:42] mjones : that's the idea. when it starts pumping we should all know [2016-05-15 19:12:18] j8 : here's a tip. go 50x instead and set a stop at -0.5% if you want. you will save a lot in the long run, on the times it doesn't work. when you get liquidated you throw away another 0.5% [2016-05-15 19:12:58] j8 : which is actually 50% at 100x [2016-05-15 19:55:34] tagfearnow : I don't see the full order depth of the DAO on fullscreen [2016-05-15 19:57:14] BitMEX_Sam : tagfearnow: You should - try scrolling up/down [2016-05-15 19:57:44] BitMEX_Sam : Ah hang on, I see a bug in basic mode [2016-05-15 19:57:53] tagfearnow : thx [2016-05-15 19:57:53] BitMEX_Sam : Click your name on the top-right corner, try "Advanced" [2016-05-15 19:57:58] BitMEX_Sam : fullscreening the orderbook will work properly there [2016-05-15 19:58:38] tagfearnow : yep. better. thx [2016-05-15 20:37:19] mjones : when is cryptowatch going to update their bitmex charts for btc and eth? [2016-05-15 20:38:41] mjones : kick the owner some money and it'll be fixed in a hour [2016-05-15 21:30:40] BitMEX_Sam : We've been speaking with him, should be resolved soon enough [2016-05-15 21:32:04] donchard : BitMEX_Sam: pls explain dao/eth [2016-05-15 21:51:14] thelostphotog : Anyone in DAO here [2016-05-15 21:53:01] Rdnkjdi : I am [2016-05-15 23:21:59] Johnster : What is the tickerID for perpetual Swap on TradingView? [2016-05-15 23:39:54] zanza : https://news.bitcoin.com/11fs-consultancy-seeks-100-million/ [2016-05-15 23:40:31] Johnster : BitMEX_Sam: What is the tickerID for perpetual Swap on TradingView? [2016-05-16 00:05:10] BitMEX_Arthur : Johnster: It hasn't been added yet [2016-05-16 00:05:19] BitMEX_Arthur : We are working on getting it added asap [2016-05-16 00:05:39] Johnster : BitMEX_Arthur: How long does the process take in general? [2016-05-16 00:06:37] BitMEX_Arthur : Johnster: I can't speak to that sometimes TV is fast, sometimes slow, we really can't control it, we are speaking with them and trying to get the change in as quickly as we can [2016-05-16 00:22:52] REKT : Liquidated short on `ETHXBT`: Buy 244 @ 0.02183 [2016-05-16 01:52:42] rentchev : If I am long right now XBTUSD do I pay the 0.045% funding fee? [2016-05-16 02:03:52] zanza : .0451% [2016-05-16 02:05:46] BitMEX_Jinming : rentchev: You will pay it at the next funding time if you still hold the position at that time. [2016-05-16 02:10:02] rentchev : Thanks [2016-05-16 03:47:47] okaycn : 管理员,我如果做空,每天收到的费用 0.0561%,这笔钱在哪里能看到呢,我找不到啊? [2016-05-16 04:12:25] BitMEX_Jinming : okaycn: 你可以点击上面的account,然后点trade history,你会看到Funding的记录 [2016-05-16 04:46:22] jung1 : oh dao are here [2016-05-16 04:46:32] jung1 : good move [2016-05-16 04:47:21] jung1 : awesome to watch how projects like that born on our eyes [2016-05-16 04:48:00] jung1 : but I saw that almost 50% of dao are owned by less than 100 addresses [2016-05-16 08:21:51] REKT : Liquidated long on `ETHXBT`: Sell 60 @ 0.02191 [2016-05-16 13:58:44] Bitcoingirl : Hi guys, can I invest in margin funding? [2016-05-16 14:04:35] BitMEX_Wally : Bitcoingirl: If you are long `ETHXBT` you will get paid 0.42% funding [2016-05-16 14:04:36] BitMEX_Arthur : What product would you like to earn the funding rate on? [2016-05-16 14:14:32] blackwhite : every time I make an order for 20 lots somebody adds 55 whichever the price is, with the same price [2016-05-16 14:14:44] blackwhite : does he want to from-run me? [2016-05-16 14:15:04] blackwhite : front-run i mean [2016-05-16 14:16:14] BitMEX_Wally : It's not so much front running as price improvement [2016-05-16 14:16:19] ayy_lmao : its only front running if his orders get filled before yours [2016-05-16 14:16:46] BitMEX_Wally : We have price then time priority, so your order will have time priority [2016-05-16 14:17:06] ayy_lmao : ^ [2016-05-16 14:17:17] blackwhite : so they would not. Unless it is something evil between me and your exchange guys [2016-05-16 14:17:29] blackwhite : which passes its order before mine [2016-05-16 14:18:12] BitMEX_Wally : I can check the timestamps for you [2016-05-16 14:19:06] BitMEX_Sam : I've seen a price-beating bot around from time to time, that automatically submits an order one tick better as soon as it sees one become BBO [2016-05-16 14:19:20] BitMEX_Sam : There's certainly nothing going on our end -all order submissions are atomic, they can't be intercepted [2016-05-16 14:19:54] blackwhite : ok great. Maybe some bot was programmed bad and forgot to - 1 tick [2016-05-16 14:20:27] BitMEX_Sam : Possibly. Or maybe it thinks the size is small enough that it's not worth beating by a tick - hard to posit what the strategy might be [2016-05-16 14:23:18] BitMEX_Wally : Yeah the orders are appearing 2 seconds after yours [2016-05-16 15:08:06] REKT : Liquidated short on `ETHXBT`: Buy 25 @ 0.02285 [2016-05-16 15:08:06] REKT : Liquidated short on `ETHXBT`: Buy 10 @ 0.02284 [2016-05-16 15:09:36] REKT : Liquidated short on `ETHXBT`: Buy 15 @ 0.02289 [2016-05-16 15:09:51] REKT : Liquidated short on `ETHXBT`: Buy 2 @ 0.02298 :punch: :whale: [2016-05-16 15:10:21] REKT : Liquidated short on `ETHXBT`: Buy 850 @ 0.02312 [2016-05-16 15:11:21] REKT : Liquidated short on `ETHXBT`: Buy 1676 @ 0.02323 [2016-05-16 15:11:36] REKT : Liquidated short on `ETHXBT`: Buy 45 @ 0.02341 [2016-05-16 15:11:51] REKT : Liquidated short on `ETHXBT`: Buy 256 @ 0.02354 [2016-05-16 15:11:51] REKT : Liquidated short on `ETHXBT`: Buy 300 @ 0.02353 [2016-05-16 15:12:06] REKT : Liquidated short on `ETHXBT`: Buy 1000 @ 0.02385 [2016-05-16 15:12:06] REKT : Liquidated short on `ETHXBT`: Buy 119 @ 0.02377 [2016-05-16 15:12:59] migz : That rekt train. [2016-05-16 15:13:07] mjones : what's the news? [2016-05-16 15:13:12] migz : ETH on Okcoin. [2016-05-16 15:13:21] migz : Ok-coin. lol [2016-05-16 15:13:36] wurstgelee : confirmed? [2016-05-16 15:15:00] mjones : i can log in and check [2016-05-16 15:15:22] migz : Yes confirmed. [2016-05-16 15:15:23] wurstgelee : do so please :) [2016-05-16 15:15:41] ayy_lmao : link please [2016-05-16 15:15:42] mjones : not live then. https://www.okcoin.cn/trade/eth.do [2016-05-16 15:15:47] mjones : that doesnt work yet [2016-05-16 15:16:22] migz : lol woodchiper [2016-05-16 15:17:03] ayy_lmao : photo? [2016-05-16 15:17:10] mjones : i checked all links and nothing changed [2016-05-16 15:18:07] ayy_lmao : dont have a .cn account, care to take a screenshot? [2016-05-16 15:18:09] wurstgelee : migz, confirmed where? [2016-05-16 15:19:01] mjones : https://www.reddit.com/r/ethtrader/comments/4jlijt/okcoin/ [2016-05-16 15:19:17] mjones : http://i.imgur.com/a8hKGEUg.png [2016-05-16 15:19:20] mjones : might be photoshopped [2016-05-16 15:20:40] mrp1nk : moon? [2016-05-16 15:21:17] BitMEX_Sam : Not shopped, you can see it on the linked post [2016-05-16 15:21:47] BitMEX_Sam : It's https://redd.it/4jlijt [2016-05-16 15:24:06] REKT : Liquidated short on `ETHXBT`: Buy 56 @ 0.02410 [2016-05-16 15:24:21] REKT : Liquidated short on `ETHXBT`: Buy 1 @ 0.02421 :punch: :whale: [2016-05-16 15:25:36] REKT : Liquidated short on `ETHXBT`: Buy 3020 @ 0.02486 [2016-05-16 15:25:36] REKT : Liquidated short on `ETHXBT`: Buy 275 @ 0.02492 [2016-05-16 15:26:06] REKT : Liquidated short on `ETHXBT`: Buy 6 @ 0.02501 [2016-05-16 15:32:34] ayy_lmao : someone also archived the page [2016-05-16 15:45:25] mrp1nk : ladies and gentlemen, https://blog.blockchain.com/2016/05/16/announcing-the-thunder-network-alpha-release/ [2016-05-16 16:15:01] BitMEX_Sam : ayy_lmao: https://i.imgur.com/LBAxNPt.gifv [2016-05-16 16:17:09] ayy_lmao : thanks [2016-05-16 16:17:41] ayy_lmao : dat funding rate [2016-05-16 16:55:55] j8 : a lot of people buying DAO and shorting eth at least until after the presale [2016-05-16 16:59:49] arbitrage001 : j8: How do you foresee it will end? [2016-05-16 16:59:58] arbitrage001 : good ending, bad ending? [2016-05-16 17:01:39] j8 : tough to say, i think a lot of the "investors" are just arbing the presale.. [2016-05-16 17:03:51] j8 : and the hundred million or whatever that they've raised is impressive, but could deflate pretty fast if a lot of that is just a quick play for more eth [2016-05-16 17:06:34] BitMEX_Sam : Big proportion of that afaik is just a few players [2016-05-16 17:07:00] BitMEX_Sam : It's possible this could be a game to allocate some of the individual investors' money into slock and their own hands via the complexity of the dao [2016-05-16 17:10:19] arbitrage001 : i am also skeptic [2016-05-16 17:10:32] arbitrage001 : largely because of all the alt coins hype before this [2016-05-16 17:10:42] arbitrage001 : none end up well [2016-05-16 17:37:13] sleger : if investing 100m $ in an empty company made sense, a lot of other things would.... [2016-05-16 18:02:25] BitMEX_Sam : It's insanity imo. [2016-05-16 18:07:45] sleger : seems like ETH holders are just as much children as bitcoin's [2016-05-16 18:13:51] arbitrage001 : sleger: bitcoin started out as an empty company [2016-05-16 18:14:20] arbitrage001 : i dismissed it as scam right away when it was trading at around dollars [2016-05-16 18:14:21] sleger : bitcoin is not a company pfff [2016-05-16 18:14:31] arbitrage001 : 3 dollars [2016-05-16 18:15:07] arbitrage001 : back by no government and no court of law [2016-05-16 18:17:15] zanza : 3k boys [2016-05-16 18:47:06] REKT : Liquidated short on `ETHXBT`: Buy 60 @ 0.02448 [2016-05-16 19:31:16] REKT : Liquidated long on `XBTUSD`: Sell 1017 @ 455.09 [2016-05-16 19:31:21] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 454.98 :punch: :whale: [2016-05-16 19:31:21] REKT : Liquidated long on `XBTUSD`: Sell 10 @ 454.97 [2016-05-16 19:31:42] REKT : Liquidated long on `XBTUSD`: Sell 14770 @ 454.40 [2016-05-16 19:31:42] REKT : Liquidated long on `XBTUSD`: Sell 9700 @ 454.57 [2016-05-16 19:31:42] REKT : Blood on the streets! [2016-05-16 19:32:31] REKT : Liquidated long on `XBTUSD`: Sell 4400 @ 454.15 [2016-05-16 19:35:16] REKT : Liquidated long on `XBTUSD`: Sell 217 @ 453.55 [2016-05-16 19:35:26] REKT : Liquidated long on `XBTUSD`: Sell 3437 @ 453.26 [2016-05-16 19:39:16] REKT : Liquidated long on `XBTUSD`: Sell 20940 @ 452.81 **MEGA-REKT** :boom: [2016-05-16 19:39:41] REKT : Liquidated long on `XBTUSD`: Sell 4 @ 451.93 :punch: :whale: [2016-05-16 19:39:51] REKT : Liquidated long on `XBTUSD`: Sell 2 @ 451.79 :punch: :whale: [2016-05-16 19:41:55] BitMEX_Sam : Big smackdown right there. [2016-05-16 19:42:09] arbitrage001 : BitMEX_Sam: yup [2016-05-16 19:42:16] REKT : Liquidated short on `ETHXBT`: Buy 1 @ 0.02478 :punch: :whale: [2016-05-16 19:42:29] arbitrage001 : do bitmex staffs trade here? [2016-05-16 19:42:33] BitMEX_Sam : Love it when the books light up like a christmas tree. [2016-05-16 19:42:34] arbitrage001 : or admin [2016-05-16 19:42:40] BitMEX_Sam : Nope. We watch the markets all the time though. [2016-05-16 19:42:48] arbitrage001 : i see [2016-05-16 19:43:00] BitMEX_Sam : We trade against each other & the bots on testnet and locally to ensure the system is working properly & test new features [2016-05-16 19:44:08] arbitrage001 : 680k contract being traded on the btc swap [2016-05-16 19:44:38] BitMEX_Sam : Yeah. OI is rising. [2016-05-16 19:50:51] REKT : Liquidated short on `ETHXBT`: Buy 130 @ 0.02480 [2016-05-16 19:53:06] REKT : Liquidated long on `XBTUSD`: Sell 35 @ 451.03 [2016-05-16 19:53:36] REKT : Liquidated short on `ETHXBT`: Buy 60 @ 0.02528 [2016-05-16 19:55:36] REKT : Liquidated short on `ETHXBT`: Buy 20 @ 0.02534 [2016-05-16 20:00:51] REKT : Liquidated long on `ETHXBT`: Sell 100 @ 0.02481 [2016-05-16 20:51:36] REKT : Liquidated long on `ETHXBT`: Sell 10 @ 0.02483 [2016-05-16 20:57:49] mjones : i always forget about the 1 withdraw a day limit. should up that [2016-05-16 20:59:34] billz : lol shorts and longs getting liquidated? So cool that this trollbox has a REKT bot [2016-05-16 22:02:13] BitMEX_Sam : billz: Yeah, that's micmix's bot [2016-05-16 22:56:36] REKT : Liquidated long on `ETHXBT`: Sell 90 @ 0.02444 [2016-05-16 23:21:40] Hoble : BitMEX_Sam: wondering how i got liquidated ETHXBT long entry 0.02455, liquidation price 0.02423? [2016-05-16 23:23:55] Hoble : .02455/.02423 = 1.44% *33.3 = 48.2% of my available funds, but all are gone? [2016-05-16 23:28:09] BitMEX_Arthur : Hoble: If your margin drops below 1.5% we liquidate [2016-05-16 23:28:35] BitMEX_Arthur : https://www.bitmex.com/app/contract/ETHXBT [2016-05-16 23:28:55] BitMEX_Arthur : https://www.bitmex.com/app/liquidation [2016-05-16 23:29:09] BitMEX_Arthur : Take a read through those documents it will help you better understand the process [2016-05-16 23:36:45] Hoble : shyeet, that'a rough liquidation policy you have [2016-05-16 23:43:34] Hoble : hmm, i didn't allow enough maintenance margin [2016-05-17 00:12:52] mjones : no bitmex xbt longs are in profit since the 13th. wonder what the rekting will look like if this goes down. 418,787 contracts open [2016-05-17 00:13:14] ggwp : scar [2016-05-17 00:13:14] ggwp : scar [2016-05-17 00:13:18] ggwp : y [2016-05-17 01:03:31] REKT : Liquidated long on `XBTU16`: Sell 2500 @ 538.54 [2016-05-17 01:41:08] ggwp : BitMEX_Arthur: the DAO Spot price should be updated [2016-05-17 03:24:53] Star : All day people have been selling well below buyers bid every time the price goes up. Surely this is an attempt to push the price down for another account they have? Isn't this against terms and conditions as far as manipulating prices? [2016-05-17 03:41:40] BitMEX_Arthur : Star: The mark price is 0.01181 which is right at the bid price, so no it doesn't need to be updated [2016-05-17 03:42:39] ggwp : BitMEX_Arthur: I meant spot, the crowdsale is at 1.1/100 [2016-05-17 03:43:29] Star : I was referring to XBTUSD [2016-05-17 03:44:24] BitMEX_Arthur : ggwp: So what, the docs clearly say 100 DAO is worth 1 ETH regardless if you pay a higher price in the ICO [2016-05-17 03:44:36] BitMEX_Arthur : After 28 May, you will be able to burn 100 DAO for 1 ETH [2016-05-17 03:44:45] ggwp : oh [2016-05-17 03:44:50] ggwp : of course [2016-05-17 03:44:56] ggwp : got it [2016-05-17 03:45:11] BitMEX_Arthur : did you get our latest Crypto Trader Digest? [2016-05-17 03:45:18] BitMEX_Arthur : we have a whole section explaining the mechanics of the ICO [2016-05-17 03:45:27] BitMEX_Arthur : and what it could possibly mean for the price of DAO [2016-05-17 03:45:41] BitMEX_Arthur : http://us3.campaign-archive2.com/?u=db45c09bdf20e1866bb32123f&id=6f34dcd6af&e=746dbe52cc [2016-05-17 03:45:44] BitMEX_Arthur : Take a look there [2016-05-17 03:48:16] ggwp : thanks [2016-05-17 03:48:28] BitMEX_Arthur : Star: If you want to sell trade at the Bid price, there is nothing wrong with that [2016-05-17 03:49:33] Star : I am referring to people selling way lower than buyers have bid. How can this happen? Is it a stop limit order? [2016-05-17 03:50:36] BitMEX_Arthur : What do you mean, for every buyer there is a seler [2016-05-17 03:50:37] BitMEX_Arthur : seller [2016-05-17 03:51:06] BitMEX_Arthur : it is impossible to sell below someone's bid because you execute against them, if i wanted to sell 100 contracts, and only 50 were willing to buy, then I could only sell 50 [2016-05-17 03:52:59] Star : Ok. I still don't understand how it has happened then, but perhaps I need more time to see how it all works. Thanks for your reply. [2016-05-17 05:09:10] jung1 : damn [2016-05-17 05:09:26] jung1 : dao is biggest crowdfunding project in human history [2016-05-17 05:09:32] jung1 : big thing [2016-05-17 05:12:36] ggwp : until eth takes a dump [2016-05-17 05:12:49] ggwp : until people burn their tokens [2016-05-17 05:12:54] ggwp : etc [2016-05-17 05:13:11] ggwp : also star citizen isn't finished ;) [2016-05-17 05:14:08] jung1 : yeah shure [2016-05-17 05:14:35] jung1 : Im not fully convinced to that project [2016-05-17 05:14:52] jung1 : like 100 addresses own 48% of all daos [2016-05-17 05:15:02] jung1 : its still huge [2016-05-17 05:15:04] ggwp : yep [2016-05-17 05:15:14] ggwp : voting power [2016-05-17 05:15:21] jung1 : and its awesome to watch how its born [2016-05-17 05:15:46] ggwp : that's pretty centralised for a decentralised orginization [2016-05-17 05:16:21] ggwp : basically slock.it just raised 100 mill for themselves [2016-05-17 05:16:26] jung1 : but imo fully decentralization is also not best for any project [2016-05-17 05:17:08] ggwp : why not? [2016-05-17 05:17:23] jung1 : no onoe is responsible then [2016-05-17 05:17:58] jung1 : and if it not fully decentralized some team/company will take care about this [2016-05-17 05:18:41] jung1 : but maybe Im wrong, its completly new model [2016-05-17 05:19:24] ggwp : it's in everyone's best interest to care [2016-05-17 05:20:47] jung1 : but what if on some point of developement two groups of owners did not agree? they have to split out [2016-05-17 05:21:15] jung1 : or get use to it [2016-05-17 05:21:18] jung1 : like in bitcoin now [2016-05-17 05:27:01] ggwp : as with all new things many new problems [2016-05-17 05:27:20] ggwp : but problems are there for us to solve them :) [2016-05-17 05:37:07] jung1 : btw [2016-05-17 05:37:12] jung1 : good read about dao https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa [2016-05-17 05:38:58] ggwp : looks interesting, thanks [2016-05-17 06:15:09] jung1 : Im curious how market will react for lisk [2016-05-17 07:14:05] jung1 : BitMEX_Arthur: are you there? [2016-05-17 07:15:19] BitMEX_Arthur : jung1: Hi [2016-05-17 07:19:26] jung1 : I bought some ethxbt but my order did not appear on my open positions [2016-05-17 07:20:24] BitMEX_Arthur : jung1: So it didn't get filled? [2016-05-17 07:20:58] jung1 : rejected but my avaliable funds are lower for that order [2016-05-17 07:22:03] BitMEX_Arthur : What is the error message that you received? [2016-05-17 07:23:15] jung1 : none. Its just same message when you bought but in order history status is rejected [2016-05-17 07:25:23] BitMEX_Arthur : You had insufficient funds for the order you submitted [2016-05-17 07:26:20] jung1 : so I lost that coins? [2016-05-17 07:26:54] BitMEX_Arthur : You didn't lose anything [2016-05-17 07:26:56] BitMEX_Arthur : your order was not accepted [2016-05-17 07:27:17] jung1 : but I cant see it in my avaliable funds [2016-05-17 07:27:55] BitMEX_Arthur : Click on the account tab, when you look at your wallet history, you don't see an available balance? [2016-05-17 07:30:12] jung1 : well size of that position goes for maint margin [2016-05-17 07:30:34] jung1 : without increase of my current position [2016-05-17 07:30:55] PatioCrasher : MM getting rekt last day or two it seams. [2016-05-17 07:31:30] BitMEX_Arthur : You are long, and you submitted a buy order, you were increasing your position [2016-05-17 07:31:37] PatioCrasher : pump it. hoo hoo hoo [2016-05-17 07:32:02] PatioCrasher : 0.026 here we come. . [2016-05-17 07:32:07] jung1 : ok [2016-05-17 07:32:24] jung1 : $15 i possible [2016-05-17 07:32:36] REKT : Liquidated short on `ETHXBT`: Buy 220 @ 0.02565 [2016-05-17 07:34:10] PatioCrasher : Hello 0.026 my old friend [2016-05-17 07:34:15] PatioCrasher : Good to see you again. [2016-05-17 07:34:50] jung1 : eth could be like btc in '11 [2016-05-17 07:34:50] PatioCrasher : When you playing with margin 0.026 is a dream . :D [2016-05-17 07:35:25] jung1 : margin on altcoin ftw [2016-05-17 07:36:01] PatioCrasher : Yeah.. If there was margin in '11 I would be too rich now. [2016-05-17 07:36:18] PatioCrasher : Old anon, World and digi made me a nice 10X back then