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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[2016-05-27 07:16:35] rapidtrades : cmon still a premium on okc? it expires in 44 mins
[2016-05-27 07:16:39] rapidtrades : get real whoever u are
[2016-05-27 07:16:47] mrp1nk : lol
[2016-05-27 07:17:10] rapidtrades : glad i didn't add lat night, that spike on quarterly would've taken me out prolly
[2016-05-27 07:20:40] zanza : at least $100k I wouidl say
[2016-05-27 07:22:09] habibi : right, 100k :)
[2016-05-27 07:22:25] rapidtrades : 20,000 contracts, sleger's arb just got shot
[2016-05-27 07:22:38] rapidtrades : he's naked long now
[2016-05-27 07:25:36] haxmb : ouch
[2016-05-27 07:25:42] haxmb : that cant be good
[2016-05-27 07:25:57] haxmb : on bitmex or the woodchippah?
[2016-05-27 07:26:10] rapidtrades : yeah the Generous Muslim will not be so generous from now on :(
[2016-05-27 07:28:05] j8 : i've been waiting 5 hours now for coins from bitfinex. fee is too low and you can't set it
[2016-05-27 07:28:24] rapidtrades : dam that sucks
[2016-05-27 07:29:28] j8 : and my losses on okc are big enough that i can't hedge now without them :)
[2016-05-27 07:30:20] rapidtrades : how long is calc period for okc futures again? 30 mins or 1h
[2016-05-27 07:30:32] miramm1115 : rapidtrades: 1h
[2016-05-27 07:30:42] j8 : 1 hour, like every other time you ask
[2016-05-27 07:31:04] rapidtrades : dam
[2016-05-27 07:32:08] Mangalica : no blocks for almost an hour either
[2016-05-27 07:33:00] j8 : i swear it's a chinese miner conspiracy
[2016-05-27 07:36:23] j8 : someone should make a coin with faster blocks. i bet it would be a real hit
[2016-05-27 07:36:55] Mangalica : good idea, i'll release one in an hour or two
[2016-05-27 07:37:20] j8 : great, more waiting
[2016-05-27 07:37:25] Mangalica : lol
[2016-05-27 07:44:27] miramm1115 : so okc guys saw a juicy short and decided to do a little pump https://twitter.com/whalecalls/status/736003148188356608
[2016-05-27 07:46:00] j8 : would have been juicy up or down, but i like this
[2016-05-27 07:47:36] miramm1115 : I'm not complaining either :smile:
[2016-05-27 07:48:08] rapidtrades : can we know what will be the lending rate for today
[2016-05-27 07:49:58] j8 : looks pretty well stable
[2016-05-27 07:52:30] j8 : you could do a running average of the 1-minute prints of .USDBON and .XBTBON or just eyeball the charts
[2016-05-27 07:53:42] rapidtrades : i prolly took a small loss on that arb
[2016-05-27 07:53:53] rapidtrades : 20-30 cents
[2016-05-27 07:54:05] rapidtrades : not complaining cos im long :)
[2016-05-27 07:54:37] j8 : yeah was around $8 above bitfinex i think
[2016-05-27 08:07:13] BitMEX_Wally : Do you think we need to show the indicative funding rate? You already get 24 hours notice
[2016-05-27 08:08:49] rapidtrades : where's the notice
[2016-05-27 08:09:14] BitMEX_Wally : Funding: 0.0342% in 4 hours
[2016-05-27 08:09:28] BitMEX_Wally : Then later it will say `Funding: 0.?????% in 24 hours`
[2016-05-27 08:10:51] j8 : at 11:59, you still don't know the rate you need to price it at 12:00, unless you add it up yourself
[2016-05-27 08:11:20] rapidtrades : BitMEX_Wally: hey the value for BTC in the positions tab is not accurate right
[2016-05-27 08:11:38] rapidtrades : the value at entry is what matters
[2016-05-27 08:11:38] BitMEX_Wally : In what way is it not accurate?
[2016-05-27 08:11:52] rapidtrades : well as we go up the value will decrease
[2016-05-27 08:12:02] BitMEX_Wally : For XBTUSD?
[2016-05-27 08:12:08] rapidtrades : yes
[2016-05-27 08:12:18] BitMEX_Wally : That's correct
[2016-05-27 08:12:35] BitMEX_Wally : XBTUSD contract size is 1 USD, so as the price goes up the XBT notional will go down
[2016-05-27 08:12:40] subjective : What happen to ETH/DAO after 28th if Gatecoin is still down
[2016-05-27 08:15:02] BitMEX_Arthur : subjective: The underlying price will come from Poloniex
[2016-05-27 08:15:21] subjective : great,
[2016-05-27 08:15:35] BitMEX_Arthur : https://www.bitmex.com/app/index/.DAOETH2H
[2016-05-27 08:16:16] BitMEX_Wally : We've already updated the index, it looks at the BTC_DAO and BTC_ETH price and calculates the implied ETH_DAO
[2016-05-27 08:17:20] BitMEX_Wally : `The DAOETH futures contract, will expire on 24 June 2016 based on the implied DAO/ETH exchange rate on Poloniex.`
[2016-05-27 08:20:39] subjective : Polo saying they are adding DAOBTC, considering DAOETH still
[2016-05-27 08:21:18] BitMEX_Arthur : We will interpolate a DAOETH price from DAOXBT and ETHXBT if there is no direct DAOETH
[2016-05-27 08:21:29] BitMEX_Arthur : Jinx
[2016-05-27 08:22:50] subjective : Thx arther
[2016-05-27 08:38:17] REKT : Liquidated long on `XBTUSD`: Sell 1080 @ 473.93
[2016-05-27 08:41:18] REKT : Liquidated long on `XBTUSD`: Sell 2300 @ 472.57
[2016-05-27 08:42:24] rapidtrades : so much for those tight spreads :)
[2016-05-27 08:44:39] ethexio : Whee
[2016-05-27 08:57:27] rapidtrades : $500 before holiday weekend is over imo
[2016-05-27 08:58:58] rapidtrades : i overshoot my risk target by 12% but not worried
[2016-05-27 09:00:13] blackwhite : so moon cancels, right?
[2016-05-27 09:00:40] blackwhite : who did this spike up today?
[2016-05-27 09:00:54] blackwhite : somebody who wanted a good settleement?
[2016-05-27 09:03:29] rapidtrades : some rich jew
[2016-05-27 09:03:46] j8 : are you sure they weren't chinese?
[2016-05-27 09:04:46] rapidtrades : ofc they were chinese but their religion was jewish
[2016-05-27 09:04:55] rapidtrades : j8: don't be so xenophobic
[2016-05-27 09:05:03] tscha : why is all the action always when I'm sleeping :-(
[2016-05-27 09:05:28] j8 : rapidtrades: how do you know i'm not a chinese jew
[2016-05-27 09:06:31] rapidtrades : fair point
[2016-05-27 09:07:01] micmix : hey tscha, you don't have alarms for that?
[2016-05-27 09:11:21] REKT : Liquidated long on `ETHXBT`: Sell 500 @ 0.02455
[2016-05-27 09:20:53] haxmb : BitMEX_Arthur: kraken is launching DAO_ETH
[2016-05-27 09:38:13] tscha : micmix: No, but only trading very small amounts at the moment . Don't have much free time currently.
[2016-05-27 09:39:01] micmix : tscha: are you planning to get back to it at some point?
[2016-05-27 09:40:29] tscha : micmix: yes, in summer when my current project is finished. Going to get my bots back online and trade other markets as well. Will actually try to go all-in and do it fulltime
[2016-05-27 09:41:00] micmix : full time, nice!
[2016-05-27 09:41:33] jung1 : tscha: you do it by your own or with someone?
[2016-05-27 09:41:42] tscha : by my own
[2016-05-27 09:42:59] tscha : will probably take me 1-2 months to rewrite everything... my old system was very ungeneric, which made it hard to scale and deploy it at other markets
[2016-05-27 09:44:29] micmix : yeah, it usually happens this way, takes couple of re-designs to make a modular and scalable system
[2016-05-27 09:47:33] tscha : Furthermore, I didn't use proper databases to store the market data myself (orderbook changes). So that alone is going to take some time I guess.
[2016-05-27 09:48:30] jung1 : https://www.kraken.com/img/kraken-dao.jpg
[2016-05-27 09:48:30] tscha : let's see if it works out
[2016-05-27 09:49:32] elmorte : Mist syncing takes f'n forever....
[2016-05-27 09:57:47] rapidtrades : u guys host the bots on clouds or
[2016-05-27 09:59:08] micmix : rapidtrades: yes, amazon and microsoft
[2016-05-27 10:02:49] j8 : yes finally got confirmations.. 7.5 hours
[2016-05-27 10:07:21] REKT : Liquidated long on `ETHXBT`: Sell 201 @ 0.02400
[2016-05-27 10:20:07] rapidtrades : micmix: two at the same time for backup or how does that work
[2016-05-27 10:32:47] mrp1nk : haha, again
[2016-05-27 10:32:50] 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.
[2016-05-27 10:33:37] mrp1nk : seems it is less if you are logged in on two different machines
[2016-05-27 10:35:20] mrp1nk : not sure if bug or feature
[2016-05-27 10:54:21] BitMEX_Wally : mrp1nk: it's a security feature
[2016-05-27 10:54:30] BitMEX_Wally : You can use Clef if you want no timeout
[2016-05-27 11:02:43] mrp1nk : yeah, i know. just saying that it's even less than 24h if you're logged in at another computer too
[2016-05-27 11:21:13] sleger : BitMEX_Wally: no more banner on top when there is a pending withdrawal ?
[2016-05-27 11:48:55] rapidtrades : so there's no point in exiting before recalc?
[2016-05-27 11:49:09] rapidtrades : cos prices will prolly stay at premium
[2016-05-27 11:56:15] j8 : the index weights adjust today. shouldn't be much different
[2016-05-27 11:57:22] sleger : no admin here around "settlement" ?
[2016-05-27 11:58:18] BitMEX_Wally : sleger: what's up?
[2016-05-27 11:59:26] sleger : BitMEX_Wally: no more banner on top when there is a pending withdrawal ?
[2016-05-27 11:59:40] BitMEX_Wally : Let me ask BitMEX_Sam
[2016-05-27 12:03:36] BitMEX_Sam : LSKXBT is live
[2016-05-27 12:03:58] BitMEX_Sam : As for that banner I'll take a look sleger.
[2016-05-27 12:05:36] mjones : good just in time to short this 2 day pump and dump
[2016-05-27 12:09:04] sebaas : hehe
[2016-05-27 12:12:45] mrp1nk : someone took your advice :-)
[2016-05-27 12:19:22] mrp1nk : maybe not the best idea given that lisk is sitting right at a support level
[2016-05-27 12:24:22] sleger : BitMEX_Sam: do you see a pending withdrawal from me at least ?
[2016-05-27 12:28:57] 1QaZxSw2 : under recent trades, what time zone does it use?
[2016-05-27 12:29:17] 1QaZxSw2 : user's time?
[2016-05-27 12:30:09] 1QaZxSw2 : all time is utc, i see
[2016-05-27 12:33:35] sleger : no its user time
[2016-05-27 12:34:22] j8 : maybe you live in utc
[2016-05-27 12:40:55] sleger : china is on fire
[2016-05-27 12:41:46] arbitrage001 : sleger: yup
[2016-05-27 12:41:58] arbitrage001 : already hit 500 usd in rmb
[2016-05-27 12:42:16] S410520 : standing by for first REKT - LSK messages :p
[2016-05-27 12:45:41] REKT : Liquidated short on `XBTUSD`: Buy 37900 @ 479.06 **MEGA-REKT** :boom:
[2016-05-27 12:46:46] REKT : Liquidated short on `XBTUSD`: Buy 2500 @ 480.24
[2016-05-27 12:47:36] sleger : btw, all these rekt cost money to the insurance fund because marking price is inaccurate
[2016-05-27 12:50:00] j8 : yep.
[2016-05-27 12:54:23] j8 : could see over a million contracts liquidated at a price no one wants to trade at
[2016-05-27 12:55:34] sleger : should have daily rebalancing + marked to market
[2016-05-27 13:00:36] sleger : BitMEX_Sam: do you see my pending withdrawal ?
[2016-05-27 13:03:57] BitMEX_Sam : Yes sleger, if it is confirmed by email it is confirmed
[2016-05-27 13:04:30] BitMEX_Sam : It is also in your transaction history at https://www.bitmex.com/app/wallet
[2016-05-27 13:05:50] sleger : yes I did see it, but since there was no banner as it used to, wanted someone to confirm
[2016-05-27 13:06:19] BitMEX_Sam : Yes, you received both a confirmation email and a confirmation on your wallet page
[2016-05-27 13:07:26] sleger : someone screwed up on lisk
[2016-05-27 13:09:29] mrp1nk : lol
[2016-05-27 13:11:56] j8 : now the liquidation has repriced lower, i guess it doesn't want to get filled
[2016-05-27 13:12:50] sleger : it's a prop trading algo using the insurance fund maybe ?
[2016-05-27 13:12:51] REKT : Liquidated long on `ETHXBT`: Sell 20 @ 0.02221
[2016-05-27 13:15:39] amahte : hmm
[2016-05-27 13:15:46] amahte : this is a wierd day
[2016-05-27 13:19:12] CarlT : Hi BitMEX_Sam: when are BTC withdrawalls processed? Waiting from yesterday already.
[2016-05-27 13:22:13] ca : Yes amahte IT is
[2016-05-27 13:22:15] BitMEX_Wally : CarlT: Your withdrawal has 3 block confirmations already
[2016-05-27 13:22:50] CarlT : oh, that's great. Thanks!
[2016-05-27 13:31:02] elmorte : BitMEX_Wally: Do I need to disable 2FA to enable Clef?
[2016-05-27 13:31:19] BitMEX_Wally : Log into your account and then switch 2FA to Clef
[2016-05-27 13:31:25] BitMEX_Sam : elmorte: Yes - you have to disable first
[2016-05-27 13:31:53] elmorte : Cheers
[2016-05-27 13:32:08] elmorte : You can't have either or?
[2016-05-27 13:32:59] BitMEX_Sam : You can't have both at the same time
[2016-05-27 13:34:16] elmorte : K :(
[2016-05-27 14:01:07] Juba : can any1 explain what happens when you reach 1000% profit?
[2016-05-27 14:01:47] j8 : you do a dance
[2016-05-27 14:02:06] Juba : hehe
[2016-05-27 14:16:17] GingerDan : I'm confused. I have a limit sell order at a higher price than the market price, but the 'Order Value' is lower then the current market value
[2016-05-27 14:17:21] BitMEX_Wally : Order value is calculated using the order limit price
[2016-05-27 14:17:45] GingerDan : MY limit order price right?
[2016-05-27 14:17:51] BitMEX_Wally : Yes
[2016-05-27 14:18:45] BitMEX_Wally : Once the order has been executed, your position value is the current notional value using the mark price
[2016-05-27 14:19:35] BitMEX_Wally : The XBTUSD contract size is 1 USD, so the higher the price, the smaller the Bitcoin notion lvalue
[2016-05-27 14:21:34] GingerDan : Ohhh okay, so the USD value would actualy be more, but the XBT value us lower because the XBT to USD rate decreases?
[2016-05-27 14:21:37] GingerDan : am I right?
[2016-05-27 14:26:26] BitMEX_Wally : GingerDan: The exact formulas are here: https://www.bitmex.com/app/futuresContractFormulas
[2016-05-27 14:26:43] BitMEX_Wally : `XBTUSD` is part of the `XBU Chain`
[2016-05-27 15:28:32] amahte : buy za di p?
[2016-05-27 15:29:51] REKT : Liquidated long on `ETHXBT`: Sell 52 @ 0.02286
[2016-05-27 15:41:00] 1QaZxSw2 : is the purple line on the chart the mark price?
[2016-05-27 15:43:19] BitMEX_Sam : 1QaZxSw2: It's the index price, which is very close to the mark price on most contracts
[2016-05-27 15:44:01] 1QaZxSw2 : thanks. Also, is there an index feed i can subscribe to if i want to write a bot
[2016-05-27 15:44:17] BitMEX_Sam : Yes - https://www.bitmex.com/app/wsAPI
[2016-05-27 15:44:23] BitMEX_Sam : You can subscribe to any datasource
[2016-05-27 15:45:09] BitMEX_Sam : All BitMEX data is available through the websocket
[2016-05-27 15:45:36] 1QaZxSw2 : great, thanks
[2016-05-27 16:05:07] BombaUcigasa : DAT KAIKO INDEX THOUGH
[2016-05-27 16:28:55] KyllingLolsson : How do i reset chart from mobile? Want it clean from indicators
[2016-05-27 16:57:36] REKT : Liquidated short on `XBTUSD`: Buy 9513 @ 477.36
[2016-05-27 19:26:06] REKT : Liquidated long on `ETHXBT`: Sell 50 @ 0.02321
[2016-05-27 20:35:16] BTCDJS : rapidtrades: you there?
[2016-05-27 20:35:59] foxie : does anyone know of a good guide to help leverage LISK?
[2016-05-27 20:37:53] BTCDJS : foxie: lisk is new. i would say that is a guide
[2016-05-27 20:38:13] BTCDJS : and buy low
[2016-05-27 20:38:32] foxie : ? new to all this getting a bit lost?
[2016-05-27 20:38:52] BTCDJS : list just launched
[2016-05-27 20:39:05] BTCDJS : so there is nothing to go by
[2016-05-27 20:40:09] BTCDJS : it launched two days ago. there is no past price to trade from.
[2016-05-27 20:40:51] BTCDJS : basically your belief in the tech is you only guide, along with the hype
[2016-05-27 20:41:03] foxie : i see so at the moment its been on a steady decline over the day now dropped again more sharply - bought in at about .00030 sold at .00080 n put a stop buy in at .00077 should i be doing anything else pls?
[2016-05-27 20:41:22] foxie : + have a lot of faith in tech thanks
[2016-05-27 20:42:35] BTCDJS : ok so your faith in tech is fine. but trading here on leverage means you believe its worth a lot right now.
[2016-05-27 20:43:02] BTCDJS : what if it takes a while for tech to be recognised?
[2016-05-27 20:43:32] BTCDJS : everyone dumped at after launch
[2016-05-27 20:43:51] BTCDJS : may be a while before next pump
[2016-05-27 20:44:06] foxie : well i think they will do pretty good in next few months seems like there is alot of money in there at the mo not sure how much they justify current amount
[2016-05-27 20:45:51] BTCDJS : so then buy at spot. leverage swings wildly and could cost you. unless you believe pump is imminent now, you'll be waisting your tim
[2016-05-27 20:46:26] BTCDJS : but if you buy list on spot and hold for a few months you will benifit
[2016-05-27 20:47:04] foxie : r ok think i see thanks
[2016-05-27 20:47:42] foxie : so what is the difference with bitmex to say poloniex?
[2016-05-27 20:48:29] BTCDJS : yeah margin is risky. you could lose what you put in if price moves against you. but if you buy on spot and hold it could pay offf
[2016-05-27 20:48:41] BTCDJS : polo is spot
[2016-05-27 20:50:42] BTCDJS : i bought some LSK on polo and I'm holding for price to move. i would only trade here if i believed price will pump immediately
[2016-05-27 20:51:57] foxie : right got it now thank you
[2016-05-27 20:54:13] foxie : so now the price drops are likely to panic selling - wont really have a price hike til pump?
[2016-05-27 20:54:44] BTCDJS : some trading knowledge tied with TA would prompt me to go long or short any token here. i would have to make sure i manage to buy the low or the high depending on my position. for instance. I'm only here to long BTC. Im waiting to see if i can enter at the lowest BTC price so I don't get caught out.
[2016-05-27 20:57:40] BTCDJS : don't over think it. panic selling? you don't know if thats whats happening. Its just an assumption. i personally think LSK is doing what any ICO does after launch. while its cheap. just buy some and wait if you believe it will be worth a lot in a few months
[2016-05-27 20:58:41] BTCDJS : but if you believe it will pump right now then trade it here
[2016-05-27 20:59:33] BTCDJS : foxie: you been trading a while or you new?
[2016-05-27 20:59:54] foxie : pretty new
[2016-05-27 21:00:12] BTCDJS : me too really.
[2016-05-27 21:00:22] BTCDJS : been at it for 3 years
[2016-05-27 21:00:33] BTCDJS : lost a lot of money here
[2016-05-27 21:00:56] foxie : right. so always a newbie in this game??
[2016-05-27 21:01:03] BTCDJS : but I'm starting to understand
[2016-05-27 21:01:20] BTCDJS : well...
[2016-05-27 21:01:45] BTCDJS : wisdom is knowing you're always learning
[2016-05-27 21:03:05] BTCDJS : and success comes from making mistakes and struggling and failing over and over until you dont
[2016-05-27 21:04:01] BTCDJS : well you do. but you'll know when you get better. cos your making profit
[2016-05-27 21:06:57] rapidtrades : BTCDJS: wtf...3 yrs? aren't u the roofer guy
[2016-05-27 21:07:11] rapidtrades : didn't u say u were new
[2016-05-27 21:07:46] BTCDJS : rapidtrades: 1 year on bitmex. 3 years in crypto
[2016-05-27 21:08:03] rapidtrades : ah
[2016-05-27 21:08:07] rapidtrades : 3 yrs doing what
[2016-05-27 21:08:27] BTCDJS : bought START
[2016-05-27 21:08:38] BTCDJS : made 4X profit
[2016-05-27 21:08:50] BTCDJS : changed it to bitcoin
[2016-05-27 21:09:04] BTCDJS : then got the bug for making profit
[2016-05-27 21:09:26] rapidtrades : so u were up overall before u started trading?
[2016-05-27 21:09:33] BTCDJS : tried trading alts on SHAPESHIFT
[2016-05-27 21:09:49] BTCDJS : failed a little
[2016-05-27 21:10:04] BTCDJS : then opened accounts on exchanges
[2016-05-27 21:10:28] BTCDJS : then tried to learn TA
[2016-05-27 21:10:44] BTCDJS : took out a loan
[2016-05-27 21:10:51] BTCDJS : bought B|T|C
[2016-05-27 21:10:51] rapidtrades : u idiot
[2016-05-27 21:11:05] BTCDJS : made double what i had
[2016-05-27 21:11:18] rapidtrades : still a dumb thing to do
[2016-05-27 21:11:18] BTCDJS : traded it on Bitmex
[2016-05-27 21:11:34] BTCDJS : invested some in augur
[2016-05-27 21:11:35] rapidtrades : oh we're finally nearing today
[2016-05-27 21:11:37] rapidtrades : good
[2016-05-27 21:12:10] rapidtrades : well if ur up overall its still a success
[2016-05-27 21:12:18] BTCDJS : and after all mistakes made, learned something
[2016-05-27 21:12:30] rapidtrades : u take too much risk
[2016-05-27 21:12:35] BTCDJS : now, time will tell
[2016-05-27 21:12:55] BTCDJS : correct
[2016-05-27 21:13:23] rapidtrades : u need to work on that, ppl like u dont' make it in this business
[2016-05-27 21:14:01] BTCDJS : yeah. Trading teaches you about your ego if you're open
[2016-05-27 21:14:16] BTCDJS : luckily im open
[2016-05-27 21:15:39] Rune : damn I missed all the lisk action
[2016-05-27 21:16:13] rapidtrades : slept 3 hrs today
[2016-05-27 21:16:42] rapidtrades : time to make it up i think
[2016-05-27 21:17:29] BTCDJS : rapidtrades: think we will see 460 again?
[2016-05-27 21:17:47] rapidtrades : in our lifetimes? lol
[2016-05-27 21:18:17] BTCDJS : before moon. but ok. funny
[2016-05-27 21:18:43] rapidtrades : prolly not...there may not be a moon if we drop that low again
[2016-05-27 21:19:45] BTCDJS : 460 is not that low. 450 i could understand
[2016-05-27 21:21:07] rapidtrades : we'll see....if this move is again cause by ETH, we could see another reversal
[2016-05-27 21:21:50] rapidtrades : looks like its the legit halvening pump tho
[2016-05-27 21:23:27] BTCDJS : because of the clear break above 470? Ive moved my triangle three times. what if this is just another one?
[2016-05-27 21:24:03] rapidtrades : we hit $485 on okc
[2016-05-27 21:24:09] rapidtrades : china is close to 500
[2016-05-27 21:24:16] BTCDJS : hmmm
[2016-05-27 21:24:53] rapidtrades : 496.50 right now
[2016-05-27 21:24:58] BTCDJS : seems legit
[2016-05-27 21:25:30] rapidtrades : not sure why US is lagging but they better get their butts ready
[2016-05-27 21:25:38] BTCDJS : i hope this is the low
[2016-05-27 21:29:51] REKT : Liquidated long on `ETHXBT`: Sell 1200 @ 0.02301
[2016-05-27 21:47:39] BTCDJS : rapidtrades: reflecting, I would say you've been invaluable in my progression. as well as sleger. even though you never meant to teach. You guys did.
[2016-05-27 21:48:33] BTCDJS : I'm feeling a bit touchy feely cos I'm drunk. but its the truth
[2016-05-27 21:49:04] mrp1nk : don't drink and trade bro
[2016-05-27 21:49:10] BTCDJS : lo;l
[2016-05-27 21:49:26] BTCDJS : i opened a position sober
[2016-05-27 21:49:34] BTCDJS : does that count?
[2016-05-27 21:50:24] mrp1nk : sure, if you hodl
[2016-05-27 21:50:37] BTCDJS : well I'm in the green
[2016-05-27 21:51:07] rapidtrades : BTCDJS: tnx man :)
[2016-05-27 21:51:45] rapidtrades : i like chatting with u cos u seem very humble and willing to learn
[2016-05-27 21:53:22] BTCDJS : yeah i mean to succeed. not just be a degenerate gambler. I'm glad i come across that way. It means I'm on the right track.
[2016-05-27 21:58:00] rapidtrades : yeah looks like it...keep at it, gets easier after the first few years :)
[2016-05-27 22:01:36] BTCDJS : rapidtrades: thanks. will keep that in mind. though failure means one step closer to success for me.
[2016-05-27 22:01:56] BTCDJS : not to sound like a wise ass
[2016-05-27 22:02:10] BTCDJS : but i see mistakes as a teacher
[2016-05-27 22:02:48] BTCDJS : instead of a negative crippling thing
[2016-05-27 22:03:08] BTCDJS : Hard life teachings maybe
[2016-05-27 22:04:12] rapidtrades : okc back at 480
[2016-05-27 22:06:28] rapidtrades : gonna catch some zzzs, looks like china wants to play again tonight
[2016-05-27 22:08:26] BTCDJS : not be long before i catch some zzzz. nearly midnight in the uk. would love to wake up to 490 tomorrow
[2016-05-27 22:59:58] rapidtrades : so weird....finex 473, okc 480 china 500
[2016-05-27 23:01:11] rapidtrades : doesn't make any sense to me
[2016-05-27 23:01:25] rapidtrades : US traders broke from longing eth?
[2016-05-27 23:01:37] REKT : Liquidated long on `LTCXBT`: Sell 295 @ 0.00939
[2016-05-27 23:15:52] lockhedge : rapidtrades: more volatility is expected in USD/CNY, we actually only did see a premium in the last 3 month when USD was devaluing against the Yuan http://www.bloomberg.com/news/articles/2016-05-19/offshore-yuan-falls-most-since-january-as-fed-woes-return-chart
[2016-05-27 23:16:31] lockhedge : *we didn't see a premium when USD was devaluing...
[2016-05-27 23:16:45] rapidtrades : cmon $20 is way too big
[2016-05-27 23:16:57] rapidtrades : btw im long usd/cny too :)
[2016-05-27 23:17:42] rapidtrades : the last time we had premium so big was after china actually devalued back in August
[2016-05-27 23:18:01] rapidtrades : now PBOC does nothing and we're spiking higher
[2016-05-27 23:18:46] rapidtrades : $20 is 4%
[2016-05-27 23:19:28] rapidtrades : ur analysis is correct but the magnitude of the premium is puzzling
[2016-05-27 23:33:55] ram : eth at 236
[2016-05-27 23:51:35] amahte : market maker is drunk
[2016-05-27 23:53:05] lockhedge : rapidtrades: it may become a longer lasting trend again, but part of it is a short term premium bubble. you currently have high transaction costs for arbitrage after the jump (wider spreads, lower liquidity) + higher risk for arb trades because of bitcoin volatility, independent from specific cny volatility. another more temporary factor: it takes some days to settle fiat transfers for spot arb traders.
[2016-05-28 00:00:38] sleger : lockhedge: chinese can convert "easily" large sums from cny to usd by paying 0.5-1% premium, this 4% premium wont last long term as people start to arb it
[2016-05-28 00:01:38] rapidtrades : we'll see....last night we all jumped on the ''free money''
[2016-05-28 00:01:46] rapidtrades : turned out to not be so free :)
[2016-05-28 00:02:21] rapidtrades : PBOC could've alerted their friends that they're going to devalue again
[2016-05-28 00:02:41] rapidtrades : not a likely scenario but certainly possible
[2016-05-28 00:33:43] lockhedge : sleger: it won't stay at 4% forever, but it can take some time and it could even climb to 8% before it falls. it will mainly depend on if there's a good market environment for arb traders (low volatility, high liquidity)
[2016-05-28 00:46:20] sleger : if you dont want to make money dont take the trade ;)
[2016-05-28 00:51:49] lockhedge : sleger: is there any other way than shorting okc futures if you can't trade cny spot? would be interesting to have a cny premium instrument (or a XBT/CNY market) here.
[2016-05-28 00:53:12] sleger : 796, bitvc
[2016-05-28 00:53:54] sleger : also im sure you can find a way to find a broker to trade usd/cny on margin (non deliverable)
[2016-05-28 00:55:18] huangyong : 管理员，建议开通bitmex站内，2个账号之间的自助互相转账的功能，这个功能还是有需求的！
[2016-05-28 00:59:05] Rune : cant read chinese
[2016-05-28 01:05:15] sleger : and he cant read engrish
[2016-05-28 01:06:05] JilanMen : hello. I am new on this plateform. How to close a position ?
[2016-05-28 01:06:41] lockhedge : sleger: thanks, didn't know that bitvc had an english site. don't plan to start arb trading because counterparty risk is too high for the small return
[2016-05-28 01:06:43] sleger : unopen it
[2016-05-28 01:06:52] sleger : JilanMen:
[2016-05-28 01:07:09] lockhedge : JilanMen: sell if you are long, buy if you are short
[2016-05-28 01:07:24] sleger : lockhedge: you think hu0bi is more risky than 0kcoin ?
[2016-05-28 01:07:27] JilanMen : thanks
[2016-05-28 01:07:51] REKT : Liquidated long on `ETHXBT`: Sell 200 @ 0.02263
[2016-05-28 01:11:54] lockhedge : sleger: can't say where it's more risky but using two risky counterparties for one arb trade is definitely a much higher risk than trading both sides at one relatively secure platform like BitMEX, so maybe it would be a good idea to let people trade XBT/CNY here as well
[2016-05-28 01:14:09] sleger : sure, but right now you cant do that, and I thought you mentioned 0kc earlier hence my question
[2016-05-28 01:16:32] lockhedge : sleger: would you bring volume from okc to bitmex if you could trade a XBT/CNY swap here?
[2016-05-28 01:18:20] sleger : i dont do that much volume with those trades cause I take a 1k btc position and close it about once a month max
[2016-05-28 01:20:23] lockhedge : so here it's mainly market making as well?
[2016-05-28 01:21:37] sleger : i do different things here
[2016-05-28 01:39:16] REKT : Liquidated short on `XBTUSD`: Buy 47800 @ 478.09 **MEGA-REKT** :boom:
[2016-05-28 01:47:20] mjones : lol dat short
[2016-05-28 01:48:06] REKT : Liquidated long on `ETHXBT`: Sell 934 @ 0.02230
[2016-05-28 01:48:47] sleger : mjones: dont laugh, all these liq can cost money, the one you're laughing at is still sitting on the book
[2016-05-28 01:49:20] lockhedge : 44750@479.60
[2016-05-28 01:50:05] sleger : i dont know if any admin is here, but this mark price on swap is wrong, one day it will cause a huge dpe, and everyone will run away
[2016-05-28 01:52:50] j8 : i've been saying the same thing since before it launched, they seem to want to wait until something bad happens
[2016-05-28 01:52:52] lockhedge : agree with sleger, we should move to impact mid price and daily rebalance based on spot (worked for XBT24H very well)
[2016-05-28 01:53:39] sleger : the liquidity is large there is 0 justification that makes any sense to keep the current system, and these liq orders stuck there, not even chasing the market, is gambling the insurance fund money
[2016-05-28 01:54:16] j8 : and there will be far less insurance fund contributions in the first place.
[2016-05-28 01:54:28] sleger : that can already be seen actually
[2016-05-28 01:56:04] sleger : i plan to use it to my advantage since they dont listen anyways
[2016-05-28 01:56:13] lockhedge : alternative way to changing the mark method would be changing the funding rate (paying interest for being short on a premium or long on a discount) to tie the market closer to spot
[2016-05-28 01:56:49] mjones : damn
[2016-05-28 01:56:55] mjones : huobi about to hit a new high
[2016-05-28 01:57:05] mjones : huobi*
[2016-05-28 01:57:16] mjones : lol
[2016-05-28 01:57:40] sleger : lockhedge: i dont think that makes sense
[2016-05-28 01:57:56] REKT : Liquidated short on `XBTUSD`: Buy 104532 @ 479.78 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-05-28 01:58:22] j8 : they have said they will do something like change the funding rate or settle it early if it diverges. but they can't micromanage the short term divergences, so you really need to market to market
[2016-05-28 01:58:40] j8 : *mark to market, you know what i mean
[2016-05-28 01:58:56] REKT : Liquidated short on `XBTUSD`: Buy 1500 @ 480.16
[2016-05-28 01:59:21] REKT : Liquidated long on `ETHXBT`: Sell 5 @ 0.02222
[2016-05-28 01:59:36] REKT : Liquidated short on `XBTUSD`: Buy 122544 @ 480.33 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-05-28 02:00:26] micmix : 263k unfilled
[2016-05-28 02:01:06] REKT : Liquidated short on `XBTUSD`: Buy 31320 @ 481.71 **MEGA-REKT** :boom:
[2016-05-28 02:02:16] sleger : we were just saying how poor of a choice the marking system is
[2016-05-28 02:02:51] lockhedge : bitfinex $8 above bitstamp
[2016-05-28 02:03:25] micmix : impact mid price would work much better IMHO
[2016-05-28 02:04:32] j8 : the bigger issue is that the thing's not really supposed to be freely floating in the first place
[2016-05-28 02:04:47] lockhedge : well now the liquidation order would have to largest impact on the impact mid price
[2016-05-28 02:08:26] sleger : and the liq algo is stupid, it just doesnt want to use the insurance fund which is there for that in the first place
[2016-05-28 02:09:16] REKT : Liquidated short on `XBTUSD`: Buy 80 @ 483.25
[2016-05-28 02:09:21] REKT : Liquidated short on `XBTUSD`: Buy 11498 @ 484.25
[2016-05-28 02:09:47] micmix : there is not enough liquidity on the ask side to close it unless ppl want to close their longs into it. I'm pretty sure main MM is short
[2016-05-28 02:10:15] j8 : it needs to get pushed up high enough that someone will take it.
[2016-05-28 02:10:16] sleger : if they had chased 1$ higher or 2 some people would have filled it, I might have
[2016-05-28 02:11:10] micmix : yep, that would help
[2016-05-28 02:12:34] j8 : i mean, they were triggered at 480 and could probably have been filled below 484
[2016-05-28 02:15:46] sleger : 480 "fair" price or real market ?
[2016-05-28 02:18:02] micmix : REKT bot shows the price of the liq order on the books, I'm not sure if they place the order at mark
[2016-05-28 02:18:31] j8 : first placed around 480 when spot say 478, i think asks were around 482. with current marking and more aggressive algo i bet it would have filled below 486, with mark to market it would have triggered earlier and probably filled below 484
[2016-05-28 02:22:04] micmix : that's some crazy preminum
[2016-05-28 02:23:07] REKT : Liquidated short on `XBTUSD`: Buy 16 @ 486.37
[2016-05-28 02:26:52] sleger : M16 still cheap though @micmix
[2016-05-28 02:29:51] micmix : sleger: I got in last weekm bought some of that 100k liquidation
[2016-05-28 02:30:14] sleger : i wasnt around but that was a good deal indeed
[2016-05-28 02:31:40] j8 : it's a shame those are the only times you can get a big quantity
[2016-05-28 02:32:06] sleger : i think people should use more the chat for those
[2016-05-28 02:33:07] sleger : if I wanted to trade large size of long term quantos I would usually be happy to wait few hours - a day to arrange it over chat with someone
[2016-05-28 02:33:41] micmix : I'm not sure why the premium is so low, usually it goes up quickly during pumps
[2016-05-28 02:33:53] j8 : thats true, they're all long term trades anyway
[2016-05-28 02:35:37] j8 : micmix: i think if the daily and weekly still existed they would have been bid up, and the rest of the curve would start to follow. without that arb it's less appealing to build a big long when you can't easily hedge gamma
[2016-05-28 02:36:31] sleger : i think long term take longer to build premium, its always been like that it seems
[2016-05-28 02:57:03] j8 : they are still lower in p.a. terms than on the run up to 470 a month ago, even though we have this pressure from china, which is why i think something else is different
[2016-05-28 03:03:30] j8 : a gem from the newsletter april 25: "Recently the basis on the longer dated June and September futures listed on BitMEX has jumped from around 50% p.a. levels to over 90% p.a. currently. Historically these are still low, and thus if we see a breakout above 3,000 CNY, expect these to rise higher."
[2016-05-28 03:07:26] REKT : Liquidated short on `XBTUSD`: Buy 770 @ 487.68
[2016-05-28 03:08:01] REKT : Liquidated short on `XBTUSD`: Buy 1750 @ 488.25
[2016-05-28 03:09:31] REKT : Liquidated short on `XBTM16`: Buy 710 @ 510.31
[2016-05-28 03:09:51] REKT : Liquidated short on `XBTUSD`: Buy 10598 @ 491.89
[2016-05-28 03:09:51] REKT : Liquidated short on `XBTUSD`: Buy 1 @ 491.50 :punch: :whale:
[2016-05-28 03:09:51] REKT : Sell your house, sell your wife, sell your kids, BUY BITCOIN!
[2016-05-28 03:10:01] REKT : Liquidated short on `XBTUSD`: Buy 1410 @ 492.57
[2016-05-28 03:11:46] micmix : well I already sold my house, not sure who wants to buy my wife though :smile:
[2016-05-28 03:12:36] REKT : Liquidated long on `ETHXBT`: Sell 102 @ 0.02166
[2016-05-28 03:15:02] REKT : Liquidated short on `XBTU16`: Buy 1125 @ 571.42
[2016-05-28 03:17:32] REKT : Liquidated short on `XBTUSD`: Buy 5 @ 495.39
[2016-05-28 03:19:25] sleger : hmm starting to turn short overall now
[2016-05-28 03:19:44] sleger : 0kc usd topped 500 already
[2016-05-28 03:28:36] REKT : Liquidated long on `ETHXBT`: Sell 110 @ 0.02117
[2016-05-28 03:29:09] micmix : I wonder how all those ppl with eth stuck in The DAO feel
[2016-05-28 03:31:13] sleger : as they deserve
[2016-05-28 03:33:26] sleger : all the people short xbt swap should go on 100x margin right now get rekt and take the position again at better price
[2016-05-28 03:35:14] micmix : I'll give it a try
[2016-05-28 03:35:45] sleger : you have to get a 2.5$ move against you first
[2016-05-28 03:35:58] sleger : but with 7$ premium its worth it
[2016-05-28 03:37:13] micmix : and I can actually remove some margin
[2016-05-28 03:38:47] micmix : liq price 492.97
[2016-05-28 03:42:16] REKT : Liquidated short on `XBTUSD`: Buy 1000 @ 492.97
[2016-05-28 03:49:05] micmix : done
[2016-05-28 03:49:25] micmix : need to add that logic to my bot
[2016-05-28 03:59:07] REKT : Liquidated short on `LTCXBT`: Buy 9 @ 0.00961
[2016-05-28 04:19:14] mwalshe99 : this premium is silly
[2016-05-28 04:19:33] lockhedge : `1100 500.74 2016-05-28 06:16:42` `-1100 501.81 2016-05-28 06:16:20` my mm bot's first trades above $500 :)
[2016-05-28 04:20:55] chromaticcr1 : you know whats even more silly?
[2016-05-28 04:21:03] chromaticcr1 : china's premium
[2016-05-28 04:21:53] aethlios : when bfx goes above 500, margin calls will make price spike to 540.
[2016-05-28 04:23:02] REKT : Liquidated short on `XBTM16`: Buy 801 @ 521.50
[2016-05-28 04:25:41] REKT : Liquidated short on `XBTUSD`: Buy 25000 @ 498.89 **MEGA-REKT** :boom:
[2016-05-28 04:25:45] chromaticcr1 : then in that case we can finally have equilibroum with china
[2016-05-28 04:25:45] chromaticcr1 : lol
[2016-05-28 04:26:52] REKT : Liquidated long on `LSKXBT`: Sell 10001 @ 0.000668
[2016-05-28 04:42:54] aethlios : bitfinex order book thin, 1200 btc to 480, no bids are building, market afraid of dumbs.
[2016-05-28 04:45:18] null : will the people are are long LTC swaps earn .33% - .05% tomorrow?
[2016-05-28 04:45:34] null : because LTC lending is more expensive then usd?
[2016-05-28 04:47:14] ZEN : I live in the US. How do I get around the deposit?
[2016-05-28 04:48:20] BitMEX_Wally : I am sorry, we cannot accept US Citizens
[2016-05-28 04:50:30] ZEN : BitMEX_Wally: ok thanks.
[2016-05-28 04:50:39] chromaticcr1 : i guess bitmex respects user privacy. so perhaps you can have a vpn
[2016-05-28 04:50:52] chromaticcr1 : coz... this is he internet ;)
[2016-05-28 04:51:14] BitMEX_Jinming : null: long will get paid 0.0078%, you need to look at LTC and XBT rate (not USD rate)
[2016-05-28 04:53:15] BTCVIX : ZEN: http://www.simplexfx.com accepts US citizens
[2016-05-28 04:53:41] lockhedge : BitMEX_Wally: did you already discuss the mark method internally?
[2016-05-28 04:59:02] BTCDJS : OMG
[2016-05-28 05:16:33] lockhedge : who was buying at >$10 premium?
[2016-05-28 05:18:13] rapidtrades : yes!!!!!!!!!!!!!!!!!!!!!!!!!! pappa is rich baby!
[2016-05-28 05:21:07] rapidtrades : time for finex to climb on top no?
[2016-05-28 05:21:52] BTCDJS : nah I think finex should come in from behind
[2016-05-28 05:22:27] chromaticcr1 : lockhedge: https://www.kaiko.com/bitmex ??
[2016-05-28 05:28:57] lockhedge : chromaticcr1: the problem about marking the liquidation price to the index: the insurance fund has to pay for nearly every liquidation and `if premium > maintenance margin: free money`
[2016-05-28 05:36:14] rapidtrades : holy shit, china's at 530
[2016-05-28 05:36:23] rapidtrades : come ameros!
[2016-05-28 05:38:30] rapidtrades : holy shit, my sept short is tearing my asshole
[2016-05-28 05:38:42] rapidtrades : good thing i didn't go big on quantos
[2016-05-28 05:39:43] rapidtrades : i just realized i said holy shit twice in 2 mins lol
[2016-05-28 05:39:51] REKT : Liquidated long on `ETHXBT`: Sell 515 @ 0.02153
[2016-05-28 05:39:53] rapidtrades : sry for repeating myself
[2016-05-28 05:39:57] j8 : it's one of those days
[2016-05-28 05:40:09] chromaticcr1 : arb that shit
[2016-05-28 05:40:14] rapidtrades : its a holy shit day indeed
[2016-05-28 05:40:14] elmorte : 3 times!
[2016-05-28 05:40:45] j8 : holy shit i need to refill my okc account.. again
[2016-05-28 05:40:50] rapidtrades : so all ameros on a weekend?
[2016-05-28 05:41:02] rapidtrades : what are they doing ffs
[2016-05-28 05:41:23] rapidtrades : anyone can phone a friend in the states
[2016-05-28 05:41:25] elmorte : Is it a good time to sell the XBT that's on Huobi?
[2016-05-28 05:41:30] rapidtrades : ''a friend''
[2016-05-28 05:41:55] rapidtrades : elmorte: idk its at 20-25 premium to USD, do u think its a good time
[2016-05-28 05:42:09] chromaticcr1 : https://www.tradingview.com/x/a2AmGvNg/
[2016-05-28 05:42:20] chromaticcr1 : I doubt how long could this premium lasts
[2016-05-28 05:42:28] elmorte : rapidtrades: it's just so complicamated
[2016-05-28 05:42:52] elmorte : what if it goes up another $30? *scream*
[2016-05-28 05:43:33] j8 : it can go higher and last longer than you'd expect. but they'll come together eventually
[2016-05-28 05:43:59] elmorte : Done. Fuck I love 0% fees
[2016-05-28 05:45:08] elmorte : Beers on me
[2016-05-28 05:45:21] elmorte : Wine for sleger
[2016-05-28 05:46:23] rapidtrades : either china goes down or we go up
[2016-05-28 05:47:11] rapidtrades : maybe ameros will have to sober up on tuesday first
[2016-05-28 05:47:15] rapidtrades : lazy f*Cks
[2016-05-28 05:47:47] elmorte : Hmpf....20 yuan difference between Hu obi & OKc
[2016-05-28 05:48:21] rapidtrades : that's ony 3$
[2016-05-28 05:48:56] elmorte : Yeah, but that's my 3 dollars damnit...
[2016-05-28 05:49:24] rapidtrades : chinese exchanges usually trade very close that just shows how volatile we are atm
[2016-05-28 05:49:45] elmorte : I know, I'm surprised
[2016-05-28 05:50:03] rapidtrades : i had an alarm for 482....on btc-e lol
[2016-05-28 05:50:18] rapidtrades : finally got up 30 mins ago after china hit 530
[2016-05-28 05:50:41] rapidtrades : have to hook up tradingview or smth
[2016-05-28 05:50:57] elmorte : BTC lol...not even 490s yet I bet
[2016-05-28 05:51:11] rapidtrades : its not yet at 490 no
[2016-05-28 05:51:13] elmorte : cryptowatch was pretty cool
[2016-05-28 05:51:23] elmorte : free trial as well 14 days
[2016-05-28 05:51:54] rapidtrades : how much is that tradingview sms thing
[2016-05-28 05:56:53] elmorte : Damnit...Malaysian market is on $505 already
[2016-05-28 05:57:10] elmorte : And IT is notoriously laggy...
[2016-05-28 05:57:16] REKT : Liquidated short on `XBTUSD`: Buy 20040 @ 501.04 **MEGA-REKT** :boom:
[2016-05-28 05:57:16] REKT : Liquidated short on `XBTUSD`: Buy 10550 @ 500.52
[2016-05-28 05:57:43] Tulsene : I thought bulls was in panic
[2016-05-28 05:57:52] Tulsene : but not, seems there is some bear outside
[2016-05-28 05:57:57] elmorte : buying panic
[2016-05-28 05:58:58] Tulsene : y, seems BTC don't les the time to people who miss the train
[2016-05-28 06:01:21] Tulsene : damned the bot for bitcoin liquidation on okcoin was down this night, where I can find thoses datas?
[2016-05-28 06:01:31] null : how is BTCUSD swap profit/loss calculated?
[2016-05-28 06:06:44] lockhedge : null: unrealised pnl is marked to the index which currently is about 1% below the market price
[2016-05-28 06:07:04] null : I mean how do you calculate how much money are you going to make if price goes to X
[2016-05-28 06:08:54] lockhedge : you can use the pnl calculator (small symbol at the top of the order menu)
[2016-05-28 06:09:14] BTCDJS : null: with the calculator on the left bellow the massive bitmex logo
[2016-05-28 06:10:04] null : I was replicating calculator in excel
[2016-05-28 06:10:07] null : just found the bug
[2016-05-28 06:10:16] null : so now Im all good