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

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[2016-05-26 19:09:18] BitMEX_Sam : loba333: Please send us an email to support@bitmex.com
[2016-05-26 19:09:29] loba333 : kk thanks
[2016-05-26 19:18:12] mrp1nk : Your session has reached its maximum length of 24 hours. You will be logged out soon. You may manually extend your session by logging out and back in.
[2016-05-26 19:18:22] mrp1nk : provide
[2016-05-26 19:18:25] mrp1nk : option
[2016-05-26 19:18:32] mrp1nk : to disable this
[2016-05-26 19:18:34] mrp1nk : nao
[2016-05-26 19:18:38] mrp1nk : please
[2016-05-26 19:18:42] rapidtrades : ^^^
[2016-05-26 19:18:45] rapidtrades : x2
[2016-05-26 19:18:48] rapidtrades : x4
[2016-05-26 19:18:50] BTCDJS : what he said
[2016-05-26 19:18:50] rapidtrades : x8
[2016-05-26 19:19:25] BTCDJS : im logged in with clef
[2016-05-26 19:19:31] BTCDJS : you?
[2016-05-26 19:19:54] rapidtrades : we've gotten so spoiled, remember when u couldn't close the tab for more then 5 mins without gettting logged out :)
[2016-05-26 19:20:13] rapidtrades : god that sucked
[2016-05-26 19:20:18] BTCDJS : never noticed
[2016-05-26 19:20:32] rapidtrades : cos u had it open 24/7
[2016-05-26 19:21:28] mrp1nk : BTCDJS: logged in in my browser on my notebook. i see no way to install clef
[2016-05-26 19:21:49] BTCDJS : clef is an app you have on your phone
[2016-05-26 19:22:16] rapidtrades : let's be honest, noone likes clef
[2016-05-26 19:22:21] BTCDJS : i do
[2016-05-26 19:22:35] rapidtrades : exactly, you're noone
[2016-05-26 19:23:06] BTCDJS : rapidtrades: wise guy hey?
[2016-05-26 19:23:19] mrp1nk : so i can log into my normal browser with clef from mobile?
[2016-05-26 19:23:29] BTCDJS : clef is solid protection
[2016-05-26 19:23:45] BTCDJS : no different from google 2fa
[2016-05-26 19:24:00] BTCDJS : except no numbers to remember and type
[2016-05-26 19:24:46] BTCDJS : mrp1nk: do you know what it is? have you ever used it?
[2016-05-26 19:25:15] rapidtrades : on the face of it seems less safe because u don't have user/pass
[2016-05-26 19:25:21] j8 : it is very different from google auth
[2016-05-26 19:25:25] rapidtrades : ur phone gets stolen, ur boned
[2016-05-26 19:25:45] j8 : rapidtrades: there's a pin on the app to protect from that
[2016-05-26 19:26:14] rapidtrades : let's face it, most ppl use 1234 as pin
[2016-05-26 19:26:16] BTCDJS : nope. you're phone gets stolen you use ur credentials to move over to new phone. old phone gets eliminated.
[2016-05-26 19:26:56] rapidtrades : but if the thief gets to it first, ur boned
[2016-05-26 19:27:26] BTCDJS : i have iPhone. finger print. phone gets stolen. good luck their. wipe phone. move over BTC wallet. clef and what not wipe phone from mac. no problemm
[2016-05-26 19:27:54] BTCDJS : i dont.
[2016-05-26 19:28:17] BTCDJS : I use 10 numbers
[2016-05-26 19:28:39] rapidtrades : 1234567890?
[2016-05-26 19:28:43] BTCDJS : even with 4 numbers it would be hard to crack
[2016-05-26 19:29:04] BTCDJS : nope. its a phone number
[2016-05-26 19:29:07] rapidtrades : numbers are less safe then letters
[2016-05-26 19:29:24] rapidtrades : cos there's only 10 variations
[2016-05-26 19:29:26] j8 : i guess it would be a pain if clef went down. that's my main concern.
[2016-05-26 19:29:32] rapidtrades : or 9 lol
[2016-05-26 19:29:54] BTCDJS : j8: i never thought of that
[2016-05-26 19:30:00] BTCDJS : good point
[2016-05-26 19:30:19] BTCDJS : but any of the 2fa providers could go down
[2016-05-26 19:30:23] rapidtrades : anyone ever got hacked?
[2016-05-26 19:30:27] BTCDJS : then what?
[2016-05-26 19:30:28] j8 : no, google auth doesn't use google servers
[2016-05-26 19:30:39] rapidtrades : right u can use it offline
[2016-05-26 19:30:48] j8 : it uses a key on your phone, and you're supposed to backup that key
[2016-05-26 19:30:58] rapidtrades : prolly best to get dedicated phone for just 2fa
[2016-05-26 19:31:12] rapidtrades : or that thingy
[2016-05-26 19:31:19] rapidtrades : usd thingy
[2016-05-26 19:31:23] BTCDJS : j8: oh
[2016-05-26 19:31:25] j8 : yubikey?
[2016-05-26 19:31:32] rapidtrades : no the jew thing
[2016-05-26 19:31:46] BTCDJS : bet rapid didn't know that when he made his case though
[2016-05-26 19:31:48] rapidtrades : that's like a wallet
[2016-05-26 19:31:53] j8 : trezor?
[2016-05-26 19:31:55] rapidtrades : yes
[2016-05-26 19:32:45] BTCDJS : lol that trezor thingy
[2016-05-26 19:32:50] rapidtrades : what if u lost ur trezor? are u boned?
[2016-05-26 19:33:03] rapidtrades : ur btc is on it right
[2016-05-26 19:33:08] BTCDJS : yes
[2016-05-26 19:33:14] rapidtrades : dam so ur boned
[2016-05-26 19:33:18] j8 : it also has a pin, and rate limits pin entries
[2016-05-26 19:33:29] j8 : and you keep a backup of the seed
[2016-05-26 19:33:35] rapidtrades : can u back up the wallet tho?
[2016-05-26 19:34:01] BTCDJS : nah i think if you lose it you're F*ucked
[2016-05-26 19:34:10] BTCDJS : and thats it
[2016-05-26 19:34:32] rapidtrades : can i somehow use google 2fa on a bitcoin wallet
[2016-05-26 19:34:41] BTCDJS : nope
[2016-05-26 19:34:42] j8 : its a HD wallet seed, 12 words i think, that can generate all your address
[2016-05-26 19:35:00] BTCDJS : j8:
[2016-05-26 19:35:04] BTCDJS : yeah
[2016-05-26 19:35:10] BTCDJS : i forgot.
[2016-05-26 19:35:19] rapidtrades : ah like electrum? @j8
[2016-05-26 19:35:24] j8 : yeah same idea
[2016-05-26 19:35:34] j8 : stupid incompatible seeds though i think
[2016-05-26 19:35:37] BTCDJS : you lose trezor you use phrase to recover
[2016-05-26 19:35:42] rapidtrades : but the issue is, would writing down be safe
[2016-05-26 19:36:05] BTCDJS : only if you keep in a fireproof safe
[2016-05-26 19:36:15] BTCDJS : but then is the safe safe?
[2016-05-26 19:36:16] BTCDJS : lol
[2016-05-26 19:36:45] rapidtrades : :)
[2016-05-26 19:38:53] BTCDJS : wait!? I've got it!
[2016-05-26 19:40:55] mrp1nk : BTCDJS: no, i never used clef. i was perfectly fine with google 2fa
[2016-05-26 19:41:52] BTCDJS : F*ck
[2016-05-26 19:42:02] BTCDJS : not typing all that out again
[2016-05-26 19:42:09] BTCDJS : it didn't send
[2016-05-26 19:42:15] BTCDJS : can't be arsed
[2016-05-26 19:42:40] mrp1nk : tl;dr?
[2016-05-26 19:43:27] BTCDJS : mrp1nk: oh cos clef sends a notification to tell you you're about to be logged out. then you can extend the time from the app
[2016-05-26 19:43:38] BTCDJS : mrp1nk: yes tl:dr
[2016-05-26 19:45:22] mrp1nk : ok,thx. will consider to install it
[2016-05-26 19:46:54] BTCDJS : mrp1nk: well don't knock it till you try it. I like it. Rapid doesn't. you might or not. its just part of your awareness now so....
[2016-05-26 19:48:55] mrp1nk : yeah, i would also be happy if bitmex provides an option to disable or extend this limit this limit.
[2016-05-26 19:49:53] mrp1nk : -this limit xD;
[2016-05-26 19:50:59] BTCDJS : whoa. theres an echo in my head.
[2016-05-26 19:51:14] mrp1nk : this limit?
[2016-05-26 19:51:50] BTCDJS : this limit
[2016-05-26 19:55:16] mrp1nk : afaik this is new. i don't see much security added by this. if i'm 24/7 logged in and i let my computer unlocked and walk away, then on average there is still 12h time before my session expires...
[2016-05-26 19:57:34] BitMEX_Sam : By default we time the session out after 10min of inactivity, with inactivity measured as the tab being closed
[2016-05-26 19:58:09] BTCDJS : with clef you can choose the time you want to be logged in for. anywhere from 1 min to 100 hours. so if you know you're only going to be on for X amount you will be logged out by clef after the time you set
[2016-05-26 19:58:10] BitMEX_Sam : It's not perfect, and you can disable the 10min limit by unchecking "Safe Session Duration" in your account settings
[2016-05-26 19:58:33] BitMEX_Sam : Yeah - the best answer to this is to use Clef. I don't like the limits either, but I also don't want to leave accounts logged in indefinitely.
[2016-05-26 20:00:13] mrp1nk : 1w would be totally ok for me
[2016-05-26 20:00:26] rapidtrades : x2
[2016-05-26 20:00:31] 1QaZxSw2 : are liquidation rules different for swap
[2016-05-26 20:00:52] BitMEX_Sam : No - the same.
[2016-05-26 20:01:23] rapidtrades : so will the mark never converge or what
[2016-05-26 20:01:28] rapidtrades : last week it didn't
[2016-05-26 20:02:07] j8 : there's no reason for it to
[2016-05-26 20:02:16] rapidtrades : whatever u say
[2016-05-26 20:02:36] rapidtrades : i will get my proft based on mark tho right @BitMEX_Sam
[2016-05-26 20:02:41] BitMEX_Sam : Yes
[2016-05-26 20:02:42] 1QaZxSw2 : you probably dont even need a mark
[2016-05-26 20:02:54] rapidtrades : 1QaZxSw2: yeah we need a mark
[2016-05-26 20:03:06] 1QaZxSw2 : ah yes, for the interest payment
[2016-05-26 20:03:23] BTCDJS : BitMEX_Sam: is perpetual swap a permanent feature?
[2016-05-26 20:03:31] BitMEX_Sam : BTCDJS: Yes, we intend it to be
[2016-05-26 20:03:45] 1QaZxSw2 : well its called perpetual for a reason lol
[2016-05-26 20:04:02] BTCDJS : rapidtrades: good ^
[2016-05-26 20:04:09] BTCDJS : BitMEX_Sam:
[2016-05-26 20:04:15] BTCDJS : im glad
[2016-05-26 20:04:50] rapidtrades : 1QaZxSw2: im glad
[2016-05-26 20:08:05] 1QaZxSw2 : any plans to add lisk, bitmex?
[2016-05-26 20:08:23] BitMEX_Sam : 1QaZxSw2: Yes, it goes live tomorrow at 12:00 UTC
[2016-05-26 20:08:38] 1QaZxSw2 : whats the leverage on lisk
[2016-05-26 20:08:46] BitMEX_Sam : 3.33x
[2016-05-26 20:08:58] 1QaZxSw2 : ok, thanks.....looking fwd to it
[2016-05-26 20:09:22] 1QaZxSw2 : and the mark price is from poloi?
[2016-05-26 20:09:29] BitMEX_Sam : Yes
[2016-05-26 20:10:03] 1QaZxSw2 : is it futures or swap
[2016-05-26 20:11:19] BitMEX_Sam : Swap
[2016-05-26 20:23:35] lockhedge : is a discount on XBTUSD now more likely than it used to be on XBT24H, because of its inverse nature and the interest rate?
[2016-05-26 20:25:24] BTCDJS : the answer is...
[2016-05-26 20:26:35] mrp1nk : ... there is almost discount/premium anymore
[2016-05-26 20:26:39] mrp1nk : no
[2016-05-26 20:37:06] REKT : Liquidated short on `ETHXBT`: Buy 5 @ 0.02772
[2016-05-26 20:39:33] j8 : usually once a trend gets going the premium on okc futures overshoots where it should be from interest rate differentials, and i would bet the swap will trade at a premium / discount then
[2016-05-26 20:42:15] rapidtrades : its not a proper uptrend until finex starts fomoing like crazy
[2016-05-26 20:42:17] mrp1nk : still the 24h felt wilder before
[2016-05-26 20:42:27] lockhedge : @j8 okc futures are inverse as well but you don't receive interest for hedging, right?
[2016-05-26 20:42:50] j8 : you get the premium over however many days to expiry, that's your interest
[2016-05-26 20:42:50] rapidtrades : lockhedge: u collect the premium
[2016-05-26 20:50:47] rapidtrades : since we're losing 15 cents per day by being long here, shouldn't we always trade at discount? at least compared to okc
[2016-05-26 20:50:57] rapidtrades : any MATHS guys in the building
[2016-05-26 20:51:29] rapidtrades : cos on okc all of that interest is implied in the premium at the start
[2016-05-26 20:52:50] j8 : if the funding rate was a perfect representation of the difference in borrowing interest then it would be efficiently priced at the mark price
[2016-05-26 20:54:51] j8 : but if there's a difference between what people are willing to pay/receive when you take into other factors like leverage, rate calculation etc. then you would expect a premium or discount proportional to how long the market expects that difference to last
[2016-05-26 20:56:28] j8 : i.e. if the the funding rate is systematically too high, and this is a permanent feature, the efficient pricing of the swap goes to zero essentially
[2016-05-26 20:57:11] j8 : but the market isn't designed to handle a premium or discount more than 0.5%, so it'll all fall apart before then
[2016-05-26 20:58:36] rapidtrades : think about it this way... if okc and here are trading at 0 discount/premium to index, then it doesn't make sense to long here and lose 15 cents when u can long on okc
[2016-05-26 20:59:01] rapidtrades : so a discount will likely be permanent, at least compared to other futures
[2016-05-26 20:59:53] j8 : exactly, but okc should be trading at a premium if the swap lending rate is consistently positive
[2016-05-26 21:00:15] j8 : it's undervalued if it trades at the index
[2016-05-26 21:01:40] j8 : (anyone with btc can arb it by buying futures, selling btc and lending usd)
[2016-05-26 21:02:49] rapidtrades : right my example was to illustrate a point
[2016-05-26 21:03:00] rapidtrades : usually okc futures start at premium right off the bat
[2016-05-26 21:04:23] j8 : yeah, this week there was like no premium or negative on okc, and the swap was negative. which makes sense
[2016-05-26 21:24:06] lockhedge : any idea for a better reference interest rate? `(current_okc_premium - average_okc_premium)/days_until_expiry`?
[2016-05-26 21:28:03] j8 : not sure what you're trying to do exactly, so there's the rate implied by futures, `current_okc_premium/days_until_expiry`, and there's the funding rate on the swap which you get from bitmex
[2016-05-26 21:33:48] j8 : you can't really assume anything about when the swap will converge to spot, or if it will diverge more, except that its "supposed to" track spot, but if there is a big difference between those rates i'd expect the swap to go in the direction of that difference
[2016-05-26 21:37:22] lockhedge : i implemented the bitfinex based funding rate for my mm bot with the result that the bot never got out of a net long position for 10 days. pnl was ok in the end, but inventory risk became very high.
[2016-05-26 21:39:51] j8 : it's pretty appealing to sell it since you can get the bitfinex lending rate with high leverage, especially when you could long okc quarterly futures at like $1 premium this week
[2016-05-26 21:54:40] lockhedge : guess i have to take into account changes of the okc premium somehow for my bot
[2016-05-26 22:01:12] j8 : it's not easy, but yeah probably necessary
[2016-05-26 22:52:55] rapidtrades : weird, okc premium at $1.6 with 9 hrs to go
[2016-05-26 22:53:05] rapidtrades : crazy ppl or im missing smth
[2016-05-26 23:08:23] j8 : crazy ppl
[2016-05-26 23:09:05] j8 : maybe its pump time
[2016-05-26 23:20:10] rapidtrades : its now almost $2 above index lol
[2016-05-26 23:21:03] rapidtrades : prolly a shortie getting out?
[2016-05-26 23:21:12] rapidtrades : not seeing much bidding on other futures
[2016-05-26 23:23:00] j8 : this is right around where a lot of 20x shorts from the start of the week get liquidated
[2016-05-26 23:28:14] lockhedge : there is a rekt bot on twitter for okc https://twitter.com/whalecalls/status/735783375978516480
[2016-05-26 23:32:00] rentchev : when is LSK going live on BitMEX?
[2016-05-26 23:33:13] lockhedge : in 12.5 hours i guess (12:00 UTC)
[2016-05-26 23:33:57] rentchev : thanks
[2016-05-26 23:36:02] rapidtrades : okc settlement is at 08 UTC?
[2016-05-26 23:38:50] mjones : yes
[2016-05-26 23:42:02] rapidtrades : now at 2 premium
[2016-05-26 23:45:27] rentchev : wow ETH funding -0.1878%
[2016-05-26 23:45:50] rapidtrades : long or short
[2016-05-26 23:46:16] rentchev : when it's negative you have to pay if you are short
[2016-05-26 23:46:19] aethlios : next week is with 0.25 premium, should be above current weeks premium. opened short current week, long next week. planning to close at expiration in a few hours to capture 1.5 net spread. If next week at discount at expiration I will roll over to june contract.
[2016-05-26 23:53:44] rapidtrades : am i the only one getting in on this arb
[2016-05-26 23:54:09] rapidtrades : still at 1.9$
[2016-05-26 23:54:37] aethlios : rapidtrades: I am in too
[2016-05-26 23:56:22] aethlios : rapidtrades: If we are lucky and it pumps next hours then next week could be in a premium too.
[2016-05-26 23:57:02] rapidtrades : yeah i don't fell comfortable with too much cny risk
[2016-05-26 23:57:43] rapidtrades : prolly not gonna roll it
[2016-05-27 00:00:57] rapidtrades : this is so weird...nothing else is moving that much
[2016-05-27 00:07:24] sleger : i hit a hidden order on finex at 454
[2016-05-27 00:07:27] sleger : over 100btc
[2016-05-27 00:08:36] REKT : Liquidated long on `ETHXBT`: Sell 125 @ 0.02714
[2016-05-27 00:08:52] j8 : still there @sleger
[2016-05-27 00:09:12] sleger : sending a 95btc buy now
[2016-05-27 00:10:52] sleger : as long as i pay the maker fee that s pretty cool with okcoin contract at 2$ premium
[2016-05-27 00:17:41] rapidtrades : arbing with 200 btc....nice
[2016-05-27 00:25:04] rapidtrades : so sleger get in as well and its still at 1.4$...wtf
[2016-05-27 00:29:29] sleger : i took only 700 contracts of this week at 1.9$ premium
[2016-05-27 00:31:10] lockhedge : so you are short cny premium now? and short volatility in XBT/CNY?
[2016-05-27 00:31:44] rapidtrades : lockhedge: its not really short volatility
[2016-05-27 00:32:17] rapidtrades : unless PBOC drops the bomb today
[2016-05-27 00:32:34] sleger : yes there's no vol trade in it, and i like the short cny premium
[2016-05-27 00:32:49] sleger : its only for a few hours anyways
[2016-05-27 00:34:01] rapidtrades : famous last words
[2016-05-27 00:35:32] lockhedge : rapidtrades: very bad news for cny OR good news for btc in china OR clawbacks at okc OR counterparty risk at exchange 2, so very simplified short volatility in the second order
[2016-05-27 00:37:36] REKT : Liquidated long on `ETHXBT`: Sell 300 @ 0.02691
[2016-05-27 00:43:33] lockhedge : is it possible to quantify clawback risk at okc? CR = f(volatlity, open interest, OI distribution, liquidity, insurance fund) anyone tried it for DPE here?
[2016-05-27 00:44:10] rapidtrades : nope
[2016-05-27 00:50:01] REKT : Liquidated short on `XBTUSD`: Buy 7393 @ 454.73
[2016-05-27 00:50:01] REKT : Liquidated short on `XBTUSD`: Buy 40 @ 454.58
[2016-05-27 00:50:36] REKT : Liquidated short on `XBTUSD`: Buy 2 @ 455.17 :punch: :whale:
[2016-05-27 00:51:34] sleger : finally
[2016-05-27 00:52:21] REKT : Liquidated long on `ETHXBT`: Sell 82 @ 0.02653
[2016-05-27 00:52:21] REKT : Liquidated long on `ETHXBT`: Sell 190 @ 0.02660
[2016-05-27 00:52:21] REKT : Liquidated long on `ETHXBT`: Sell 10 @ 0.02666
[2016-05-27 00:52:21] REKT : Liquidated long on `ETHXBT`: Sell 81 @ 0.02664
[2016-05-27 00:53:09] micmix : nice pre-settlement pump
[2016-05-27 00:54:30] sleger : time to sell back bfx
[2016-05-27 00:55:23] REKT : Liquidated short on `XBTUSD`: Buy 105104 @ 458.24 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-05-27 00:55:35] j8 : oh dear
[2016-05-27 00:56:34] lockhedge : forgot about unfilled liquidation in the clawback risk function....
[2016-05-27 00:56:48] micmix : oh-oh
[2016-05-27 00:56:55] BitMEX_Sam : It's already been picked up
[2016-05-27 01:00:30] sleger : once more 0kcoin was predictive
[2016-05-27 01:00:37] billz : got an email about bitmex adding lisk but don't see it here
[2016-05-27 01:01:19] j8 : sleger: predictive, or directly caused us to buy hundreds of btc on spot
[2016-05-27 01:01:42] rapidtrades : did smone buy 100k
[2016-05-27 01:05:13] lockhedge : BitMEX_Sam: do you publish the balance of the insurance in real-time via api (or can i calculate it by data from the api)?
[2016-05-27 01:05:52] sleger : j8: same thing, but of course i bought 200btc on finex and some here and some elsewhere because of that, but in the end they were the leading price
[2016-05-27 01:05:57] rapidtrades : sleger: did u buy that 100k
[2016-05-27 01:06:19] sleger : here, no @rapidtrades
[2016-05-27 01:06:49] billz : btc and eth inverse relationship still in effect i see
[2016-05-27 01:08:00] sleger : yep, eth lagging this time
[2016-05-27 01:08:29] rapidtrades : this rally seems fake
[2016-05-27 01:08:54] BitMEX_Sam : lockhedge: At this point in time we do not have a live endpoint for it, only the daily publishing
[2016-05-27 01:08:54] rapidtrades : pre-settlement, caused by an arb
[2016-05-27 01:08:57] BitMEX_Sam : We'll let you know when there's something live
[2016-05-27 01:09:14] BitMEX_Sam : billz: It goes live at 12:00 UTC, in about 11 hours
[2016-05-27 01:10:45] j8 : rapidtrades: the arb was caused by a lot of buying though, just all in one place
[2016-05-27 01:11:07] billz : BitMEX_Sam: awesome thanks
[2016-05-27 01:11:22] rapidtrades : lot of buying in 1 particular futures contract...it wasn't even across the board
[2016-05-27 01:11:36] sleger : yes next week was cheaper
[2016-05-27 01:12:11] REKT : Liquidated short on `XBTUSD`: Buy 14620 @ 459.67
[2016-05-27 01:12:11] REKT : Liquidated short on `XBTUSD`: Buy 2 @ 460.02 :punch: :whale:
[2016-05-27 01:12:11] REKT : Liquidated short on `XBTUSD`: Buy 200 @ 459.91
[2016-05-27 01:16:00] REKT : Liquidated short on `XBTUSD`: Buy 5000 @ 461.19
[2016-05-27 01:16:17] miramm1115 : okc quarterly almost the same price as XBTM16
[2016-05-27 01:17:46] sleger : so 5$ premium on perpetual swap so if someone opens a long at 5$ above the mark price with 100x leverage, is he auto REKT ? @BitMEX_Sam
[2016-05-27 01:18:54] ScottJ : this premium is madness
[2016-05-27 01:19:06] REKT : Liquidated long on `FCTXBT`: Sell 250 @ 0.00190
[2016-05-27 01:20:07] BitMEX_Sam : Technically yes, but we wouldn't allow you to open the position if you'd get instarekt
[2016-05-27 01:21:03] sleger : what if you'd get insta rekt - 0.01$ ?
[2016-05-27 01:22:18] rapidtrades : this is nuts
[2016-05-27 01:22:35] billz : lol what is this on btc
[2016-05-27 01:22:47] sleger : 1% premium for 6 hours ? who cares
[2016-05-27 01:23:29] rapidtrades : anyone has today's high on bitfinex?
[2016-05-27 01:24:06] rapidtrades : god damit if we waited 2 hrs, we could've shorted $5 premium
[2016-05-27 01:24:13] rapidtrades : markets are lame man
[2016-05-27 01:24:20] sleger : some people did, I did
[2016-05-27 01:24:23] sleger : too
[2016-05-27 01:24:33] rapidtrades : i thought u only got 2
[2016-05-27 01:29:01] sleger : but i traded more at 5
[2016-05-27 01:31:21] lockhedge : huob is leading with 474
[2016-05-27 01:31:33] rapidtrades : f*ck off
[2016-05-27 01:32:24] lockhedge : sry but looks like you should never short cny premium too early
[2016-05-27 01:33:39] sleger : yep short a bit at 9$ premium, more at 14$, more at 19$, more at 24 and usually thats good
[2016-05-27 01:51:34] rapidtrades : ok im ready now
[2016-05-27 01:53:08] rapidtrades : this is it...we're going for $500
[2016-05-27 01:53:30] rapidtrades : maybe not today but next few days we're on this B1TCH
[2016-05-27 01:55:05] j8 : still no love for the quanto's.. what has this world come to
[2016-05-27 01:59:16] GerryHYH : hi guys
[2016-05-27 01:59:34] GerryHYH : for the XBT/USD perpetual swap, is there a weekly settlement - Friday?
[2016-05-27 01:59:39] sleger : sure
[2016-05-27 01:59:52] sleger : not settlement since "perpetual" is in the name
[2016-05-27 02:00:13] GerryHYH : hmm ok
[2016-05-27 02:00:39] miramm1115 : j8: quantos lower than okc inverse
[2016-05-27 02:01:08] GerryHYH : Ok
[2016-05-27 02:01:14] GerryHYH : Weekly rebalancing
[2016-05-27 02:01:29] GerryHYH : Each Friday at 12:00 GMT, swap contracts will be rebalanced at the underlying spot price.
[2016-05-27 02:01:37] rapidtrades : yeah you'll get profit/loss based on mark price
[2016-05-27 02:01:41] rapidtrades : but it doesn't close
[2016-05-27 02:02:00] sleger : its like a 1 week time trade off market
[2016-05-27 02:03:34] j8 : i know what all of those words mean, but not in that order
[2016-05-27 02:03:43] GerryHYH : haha
[2016-05-27 02:03:45] GerryHYH : ok, thanks gentlemen
[2016-05-27 02:04:03] rapidtrades : sleger: maybe take out the cock out of ur mouth and try again
[2016-05-27 02:04:15] GerryHYH : isn't the same thing as 'cash settlement' though? ;o
[2016-05-27 02:04:30] GerryHYH : obviously before it would be delivery as it was Futures
[2016-05-27 02:04:42] sleger : it's like a one time a week off market trade
[2016-05-27 02:04:43] sleger : same thing
[2016-05-27 02:04:52] rapidtrades : it's not settlement because it doesn't settle @GerryHYH
[2016-05-27 02:05:06] aethlios : so weekly rebalance means you pay the premium, true????
[2016-05-27 02:05:29] rapidtrades : no dummy
[2016-05-27 02:05:36] rapidtrades : its on mark price
[2016-05-27 02:05:57] GerryHYH : is that based on BitFinex or weighted average?
[2016-05-27 02:06:18] rapidtrades : its 50% finex
[2016-05-27 02:06:31] rapidtrades : plus some okc/stamp
[2016-05-27 02:06:42] j8 : if the swap is still at a premium after the rebalance, when you close your position you will lose the pnl that you gained from it rebalancing lower at spot
[2016-05-27 02:06:56] aethlios : rapidtrades: if we rebalance now 467 is the swap and 464 the spot, those 3 usd who pays them? rebalance happens to 464???
[2016-05-27 02:07:18] rapidtrades : aethlios: the jew on the other end pays them
[2016-05-27 02:07:24] GerryHYH : hahahahaha
[2016-05-27 02:07:25] GerryHYH : :D
[2016-05-27 02:07:45] j8 : all that happens is unrealized pnl moves to realized
[2016-05-27 02:07:48] lockhedge : it's only being shifted between unrealised pnl and realised
[2016-05-27 02:07:58] j8 : like lockhedge says
[2016-05-27 02:08:06] lockhedge : like j8 said
[2016-05-27 02:08:21] rapidtrades : like lockhedge said
[2016-05-27 02:08:51] sleger : but then you can do x100 at some point and screw the other morons
[2016-05-27 02:11:45] j8 : they prefer to be called children
[2016-05-27 02:11:55] lockhedge : sleger: if premium > maintenance margin?
[2016-05-27 02:12:08] sleger : stg like that
[2016-05-27 02:12:49] j8 : if premium > maintenance margin then you can do it around rebalance. if premium > initial margin you can do it any time
[2016-05-27 02:13:42] j8 : actually if premium > maintenance margin and you arb, you just have to wait until your position is losing (or rebalance)
[2016-05-27 02:14:09] lockhedge : so that's the range where the central bank BitMEX will probably intervene and change the marking method
[2016-05-27 02:15:15] sleger : and higher we go
[2016-05-27 02:15:56] sleger : now premium == $$$
[2016-05-27 02:17:16] REKT : Liquidated long on `ETHXBT`: Sell 10 @ 0.02577
[2016-05-27 02:19:51] REKT : Liquidated short on `XBTUSD`: Buy 8938 @ 469.18
[2016-05-27 02:20:07] lockhedge : challenge: if the mark method is changed now, it will probably cause more liquidations and liquidity on the ask side is already thin
[2016-05-27 02:21:21] REKT : Liquidated short on `LTCXBT`: Buy 20 @ 0.00945
[2016-05-27 02:24:21] rapidtrades : how does ti fell ether
[2016-05-27 02:24:27] rapidtrades : feel*
[2016-05-27 02:24:33] rapidtrades : u POS coin
[2016-05-27 02:26:30] sleger : Proof Of Shit ?
[2016-05-27 02:26:38] rapidtrades : i think we single-handedly caused this rally to happen
[2016-05-27 02:26:47] rapidtrades : we are heroes gentlemen
[2016-05-27 02:30:21] REKT : Liquidated long on `ETHXBT`: Sell 10 @ 0.02531
[2016-05-27 02:30:29] aethlios : lisk, eth, btc all in the move. no sleep now.
[2016-05-27 02:34:07] miramm1115 : $25 premium on okc quarterly
[2016-05-27 02:34:44] rapidtrades : its 12
[2016-05-27 02:35:27] miramm1115 : you're right, wrong line :-)
[2016-05-27 02:38:22] REKT : Liquidated long on `ETHXBT`: Sell 45 @ 0.02486
[2016-05-27 02:38:34] rapidtrades : the 4h BTC candle is nuts
[2016-05-27 02:42:33] aethlios : bitfinex orderbook empty
[2016-05-27 02:43:01] rapidtrades : buy side yes
[2016-05-27 02:46:55] rapidtrades : shouldn't my tradable bitfinex balance increase if im in profit?
[2016-05-27 02:47:41] aethlios : rapidtrades: no if you place orders
[2016-05-27 02:48:19] aethlios : rapidtrades: sorry orders don't affect.
[2016-05-27 02:49:54] rapidtrades : still $4 premium for 5 hrs
[2016-05-27 02:50:05] rapidtrades : smone is smoking heavy shit
[2016-05-27 02:51:19] aethlios : next week in 5 dollar prem from zero before
[2016-05-27 02:53:38] rapidtrades : looks like i'll lose on that arb, china rallied too hard
[2016-05-27 02:54:36] rapidtrades : unless okc falls and the premium here stays....which could happen as we get closer to exp
[2016-05-27 02:55:36] j8 : lockhedge called it
[2016-05-27 02:56:14] rapidtrades : j8: actually i called it first
[2016-05-27 02:56:25] rapidtrades : but i had no idea what I was calling :)
[2016-05-27 02:56:55] j8 : he was warning about the btc/cny risk, we were like nah, it's 6 hours
[2016-05-27 02:57:24] sleger : its just an even better opportunity now
[2016-05-27 02:57:42] rapidtrades : im full, can't do antyhing now
[2016-05-27 02:57:45] sleger : and only 5 houts
[2016-05-27 02:57:50] sleger : *hours
[2016-05-27 02:57:52] rapidtrades : had to fill directional longs
[2016-05-27 02:58:35] rapidtrades : guess i could long here some more but that would just be adding on risk
[2016-05-27 03:02:03] rapidtrades : so i see leaderboard went from 500% to 1900%
[2016-05-27 03:02:06] rapidtrades : u give ppl a leaderboard and everyone's going for bragging rights
[2016-05-27 03:02:33] rentchev : what leaderboard?
[2016-05-27 03:03:09] rapidtrades : https://www.bitmex.com/app/leaderboard
[2016-05-27 03:03:31] rentchev : thanks
[2016-05-27 03:40:35] lockhedge : 1119937 Contracts Open Interest, has it ever been higher on XBT24H/XBTUSD?
[2016-05-27 03:45:21] REKT : Liquidated long on `ETHXBT`: Sell 60 @ 0.02483
[2016-05-27 03:51:21] REKT : Liquidated long on `ETHXBT`: Sell 300 @ 0.02425
[2016-05-27 03:54:42] Rune : poor eth longers
[2016-05-27 03:56:45] aethlios : νιψε ετη αρβ φινεχ πολο
[2016-05-27 03:56:53] aethlios : nice eth arb finex polo
[2016-05-27 03:57:21] REKT : Liquidated short on `ETHXBT`: Buy 42 @ 0.02413
[2016-05-27 03:58:52] Rune : how are we at 470
[2016-05-27 03:59:31] Rune : it's like 465 on stamp and 467 on finex
[2016-05-27 04:00:18] j8 : that's their problem
[2016-05-27 04:04:54] Rune : man we are so bullish on perp swap
[2016-05-27 04:10:55] lockhedge : part of the bullish order flow imbalance was a >100k liquidation
[2016-05-27 04:11:21] REKT : Liquidated long on `ETHXBT`: Sell 15 @ 0.02340
[2016-05-27 04:11:52] REKT : Liquidated long on `ETHXBT`: Sell 183 @ 0.02330
[2016-05-27 04:12:06] REKT : Liquidated long on `ETHXBT`: Sell 185 @ 0.02315
[2016-05-27 04:12:52] REKT : Liquidated long on `ETHXBT`: Sell 1048 @ 0.02292
[2016-05-27 04:13:07] REKT : Liquidated long on `ETHXBT`: Sell 46 @ 0.02268
[2016-05-27 04:13:07] REKT : Liquidated long on `ETHXBT`: Sell 3960 @ 0.02268
[2016-05-27 04:13:07] REKT : Liquidated long on `ETHXBT`: Sell 1 @ 0.02271 :punch: :whale:
[2016-05-27 04:14:36] REKT : Liquidated short on `ETHXBT`: Buy 55 @ 0.02259
[2016-05-27 04:15:42] mjones : lol up 166% in my ETH long
[2016-05-27 04:15:50] mjones : 194%
[2016-05-27 04:15:57] mjones : just took 30 seconds
[2016-05-27 04:15:59] SatoshiFX : good morning :-)
[2016-05-27 04:18:57] merp : back short on eth
[2016-05-27 04:19:02] merp : china pumppppen
[2016-05-27 04:23:52] billz : mjones: lol be careful w that
[2016-05-27 04:25:23] mjones : yeah. i closed it but if eth doesnt make a new low i'll be pissed i closed a bottom long
[2016-05-27 04:25:59] mjones : risked a 33x long at 0.02218 and it was filled then bounced
[2016-05-27 04:27:03] lockhedge : premium now again higher than 1%
[2016-05-27 04:27:29] billz : mjones: nice and yeah i'll be pretty pissed too, seems to be holding over 0.023
[2016-05-27 04:30:14] zanza : wtf just jhappened
[2016-05-27 04:30:28] zanza : huge ETH dump ?
[2016-05-27 04:30:33] mjones : china turned the bots lose
[2016-05-27 04:30:38] mjones : loose*
[2016-05-27 04:40:17] zanza : https://twitter.com/whalecalls/status/736003148188356608
[2016-05-27 04:47:13] keroub : Hey
[2016-05-27 04:49:50] elmorte : finex ETH at .025 while Polo .024...
[2016-05-27 04:54:51] REKT : Liquidated short on `XBTUSD`: Buy 4812 @ 471.96
[2016-05-27 04:55:36] REKT : Liquidated short on `XBTUSD`: Buy 44770 @ 472.31 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-05-27 04:56:10] billz : elmorte: liquidity is worse at finex and alot of manipulation at polo
[2016-05-27 04:56:21] j8 : buy at 472.31.. yeah thats the issue
[2016-05-27 04:56:45] lockhedge : yes
[2016-05-27 04:57:03] elmorte : billz: I managed to sell my stash at finex and buy back at polo
[2016-05-27 04:58:21] billz : elmorte: this is awesome for arbitrage, how long did the transfer take you for ETH? Thought it took me around 15 mins last time i moved some
[2016-05-27 04:58:39] elmorte : Oh, I had some lying around fortunately
[2016-05-27 04:58:48] billz : oh nice
[2016-05-27 04:58:52] elmorte : :)
[2016-05-27 04:59:27] elmorte : Next I gotta figure out how to pull the DAO...I used Jaxx to transfer *sigh*
[2016-05-27 04:59:38] elmorte : pull out*
[2016-05-27 05:00:43] j8 : oh yay we get our DAO!
[2016-05-27 05:01:38] elmorte : If you used MIST, should be no problem....but Jaxx still doesn't have the smart contract support
[2016-05-27 05:01:59] j8 : i used POLO and i'm gonna SELL THEM
[2016-05-27 05:02:14] elmorte : You used POLO? For real?
[2016-05-27 05:02:35] Blargwaffle : Hmm, profit-y.
[2016-05-27 05:02:39] elmorte : To send to daohub or....?
[2016-05-27 05:02:57] j8 : yeah lol, for a small amount cause i couldn't get geth to sync before rates were going up
[2016-05-27 05:03:15] elmorte : Same! Oh but Polo added the support for it, right?
[2016-05-27 05:03:48] j8 : yeah, you could buy the presale through a widget on the site
[2016-05-27 05:03:54] elmorte : Coz I remember that sending from exchange wallets was a no no at first
[2016-05-27 05:03:55] elmorte : Nice one
[2016-05-27 05:07:18] REKT : Liquidated short on `XBTUSD`: Buy 10400 @ 475.14
[2016-05-27 05:07:26] REKT : Liquidated short on `XBTUSD`: Buy 9141 @ 476.93
[2016-05-27 05:07:53] elmorte : billz: We require 100 confirmations for Ether transactions (about half an hour) That's from finex
[2016-05-27 05:08:05] jung1 : lisk 40k volume
[2016-05-27 05:08:11] jung1 : ftw
[2016-05-27 05:08:39] elmorte : jung1: mah man!
[2016-05-27 05:08:51] mrp1nk : itshappening.gif
[2016-05-27 05:08:58] Blargwaffle : Settle down bitcoin, ror...
[2016-05-27 05:09:16] elmorte : You said I can thank you later...so here I am :)
[2016-05-27 05:09:31] jung1 : I would be not suprised if next days will be similar than eth
[2016-05-27 05:09:42] jung1 : elmorte: hold
[2016-05-27 05:09:45] jung1 : :)
[2016-05-27 05:10:06] elmorte : Oh, I just sold to recoup the investment. The rest I'm hodling like a newborn
[2016-05-27 05:10:43] jung1 : and bitmex gonna add lisk futures in next days
[2016-05-27 05:11:36] lockhedge : in 7 hours
[2016-05-27 05:11:46] jung1 : perfect
[2016-05-27 05:13:42] elmorte : Having an index for swaps is just arbitrary, no?
[2016-05-27 05:13:44] jung1 : I love bitmex. we trade here futures of decentralized autonomus application tokens , prediction markets and networks for blockchain applications. It even sounds like from scifi movie
[2016-05-27 05:14:37] elmorte : I have friends who bet on 3rd Swedish women's league matches...and I thought they were weird
[2016-05-27 05:15:49] jung1 : compared to you they are 100% normal
[2016-05-27 05:17:31] jung1 : elmorte: whats your predictions for lisk price short term?
[2016-05-27 05:20:36] REKT : Liquidated short on `ETHXBT`: Buy 10 @ 0.02390
[2016-05-27 05:21:16] elmorte : I don't feel qualified enough to make the call frankly. I'm thinking 20k swings up and down while slowly edging up towards 150k
[2016-05-27 05:21:58] jung1 : but holidays will be nice this year ; )
[2016-05-27 05:22:15] billz : yeah .001-.002 seems like tops for now until some news or dapps come out
[2016-05-27 05:23:57] BitMEX_Wally : https://www.bitmex.com/app/trade/LSKXBT
[2016-05-27 05:24:22] BitMEX_Wally : Trading starts at 12:00 UTC (in 6.5 hours)
[2016-05-27 05:24:31] REKT : Liquidated long on `XBTUSD`: Sell 7200 @ 470.73
[2016-05-27 05:27:07] jung1 : billz: imo lisk will be trade on level between dash and eth
[2016-05-27 05:27:25] jung1 : $10 in this year is not impossible
[2016-05-27 05:29:23] billz : jung1: woah that's ambitious, but probably not impossible in crypto
[2016-05-27 05:30:04] jung1 : lisk has good pr and marketing. If they make it easier for all js devs
[2016-05-27 05:30:10] jung1 : we are on the moon
[2016-05-27 05:30:46] mrp1nk : heading to moon, yea
[2016-05-27 05:31:47] chromaticcr1 : _UCK _BE IN THE A__ TONIGHT!
[2016-05-27 05:32:09] jung1 : yesterday lisk had bigger volume than eth
[2016-05-27 05:32:21] jung1 : on polo
[2016-05-27 05:33:26] REKT : Liquidated short on `XBTUSD`: Buy 1200 @ 474.84
[2016-05-27 05:40:16] elmorte : Yeah, massive fomo even with all the hiccups
[2016-05-27 06:00:41] zanza : This is gentlemen
[2016-05-27 06:03:09] Blargwaffle : What is gentlemen?
[2016-05-27 06:08:52] REKT : Liquidated long on `FCTXBT`: Sell 2490 @ 0.00148
[2016-05-27 06:09:07] BitMEX_Wally : 
[2016-05-27 06:09:24] BitMEX_Wally : Blargwaffle: This is gentlemen
[2016-05-27 06:17:09] ayy_lmao : how
[2016-05-27 06:19:10] BitMEX_Wally : Only admins can post images
[2016-05-27 06:19:17] BitMEX_Wally : Because otherwise it leaks IP addresses
[2016-05-27 06:19:32] Blargwaffle : It's a broken image to me, hah.
[2016-05-27 06:33:12] rapidtrades : BitMEX_Wally: yeah! gentlemen's back!
[2016-05-27 06:33:44] PatioCrasher : Damb straight
[2016-05-27 06:34:14] PatioCrasher : Lol when I woke up this morn I was like "Fuck I missed it.. " then logged in and still had a btc long and eth short open
[2016-05-27 06:34:20] PatioCrasher : what a morning boys!
[2016-05-27 06:34:37] PatioCrasher : Gently caress YE!!
[2016-05-27 06:35:53] jung1 : so close them and enjoy your weekend
[2016-05-27 06:36:44] PatioCrasher : Just did. I got the flu so first thing on my shopping list today is a big bottle of codeine
[2016-05-27 06:36:55] PatioCrasher : :)
[2016-05-27 06:37:26] arbitrage001 : raging bull
[2016-05-27 06:37:29] arbitrage001 : moooo
[2016-05-27 06:51:20] jung1 : lisk 0.001 in couple of minutes
[2016-05-27 06:58:36] REKT : Liquidated short on `XBTUSD`: Buy 85054 @ 480.88 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-05-27 06:58:44] ayy_lmao : damn
[2016-05-27 07:03:17] REKT : Liquidated long on `XBTUSD`: Sell 2911 @ 480.36
[2016-05-27 07:03:40] Mangalica : oh wow, leverage much
[2016-05-27 07:05:27] Mangalica : i totally missed this run (meaning i've been just 100% in coin), but now we have totally outrun the bids
[2016-05-27 07:10:16] jung1 : https://twitter.com/whalecalls/status/736003148188356608
[2016-05-27 07:10:44] jung1 : someone lost 2mln$ trying to short bitcoin
[2016-05-27 07:12:02] habibi : ~50k $ probally
[2016-05-27 07:14:46] elmorte : wow....that's two liqns of almost 100 XBT each...
[2016-05-27 07:15:02] elmorte : on BitMEX this morning
[2016-05-27 07:15:14] elmorte : Sleger must be spewing....
[2016-05-27 07:16:17] REKT : Liquidated long on `XBTUSD`: Sell 450 @ 478.09