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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[2016-05-28 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
[2016-05-28 06:10:21] null : basically returns are non-linear
[2016-05-28 06:10:22] j8 : null: have you seen this https://www.bitmex.com/app/futuresContractFormulas
[2016-05-28 06:10:25] null : its better to be short then long
[2016-05-28 06:10:41] REKT : Liquidated short on `XBTUSD`: Buy 338 @ 503.10
[2016-05-28 06:10:47] REKT : Liquidated short on `XBTUSD`: Buy 15100 @ 503.57
[2016-05-28 06:10:47] REKT : Liquidated short on `XBTUSD`: Buy 600 @ 503.49
[2016-05-28 06:11:03] j8 : oh they haven't added XBTUSD to that actually.
[2016-05-28 06:11:38] null : hey j8, please confirm: are BTCUSD swaps non-linear in returns?
[2016-05-28 06:11:51] lockhedge : null: yes, it's less risk to short because it's inverse
[2016-05-28 06:11:56] REKT : Liquidated short on `XBTUSD`: Buy 23811 @ 503.91 **MEGA-REKT** :boom:
[2016-05-28 06:12:17] REKT : Liquidated short on `XBTUSD`: Buy 1000 @ 504.07
[2016-05-28 06:12:17] REKT : Sell your house, sell your wife, sell your kids, BUY BITCOIN!
[2016-05-28 06:12:37] null : shit Im short avg. 470 :(
[2016-05-28 06:12:55] null : good thing its partial hedge against btc I own, and not naked short
[2016-05-28 06:15:43] rapidtrades : index bit sticky? how fast does itupdate
[2016-05-28 06:16:43] Applez : support, I just sent off an email, can you check it please
[2016-05-28 06:17:06] REKT : Liquidated long on `ETHXBT`: Sell 115 @ 0.02092
[2016-05-28 06:17:06] REKT : Liquidated long on `ETHXBT`: Sell 150 @ 0.02092
[2016-05-28 06:18:37] BTCDJS : Applez: sure thing. We check all emails on mondays. we will get back to you soon as we can. enloynthe rest of your weekend
[2016-05-28 06:19:01] BTCDJS : *enjoy
[2016-05-28 06:20:07] rapidtrades : this is pandemonium
[2016-05-28 06:20:07] Rune : Houbi 544 omg
[2016-05-28 06:20:20] Rune : looking for that 550
[2016-05-28 06:20:38] chromaticcr1 : btcchina's leverage platform is on 3621
[2016-05-28 06:21:25] Applez : i'd like to get an immediate look in to it, I was long 150 contracts at 506 XBTUSD but was liquidated by a margin call. The market never moved against me the entire time that I was in the trade.
[2016-05-28 06:22:30] rapidtrades : he's not support
[2016-05-28 06:22:50] rapidtrades : reply to some of the guys with flair bitmex
[2016-05-28 06:23:24] Applez : thanks rapid
[2016-05-28 06:23:35] rapidtrades : they're usually slower on weekends tho so he's not far off :)
[2016-05-28 06:24:41] rapidtrades : you were prolly margin called because the mark price is trading below spot here
[2016-05-28 06:25:03] rapidtrades : margin calls are calculated on that price
[2016-05-28 06:25:54] supermine : HI
[2016-05-28 06:26:09] supermine : Anybody knows how to get rid of these popup boxes after I cancel a order
[2016-05-28 06:27:32] BTCDJS : supermine: email support
[2016-05-28 06:28:20] lockhedge : supermine: https://www.bitmex.com/app/preferences Site Notifications - Order Canceled
[2016-05-28 06:30:28] rapidtrades : cmon finex....lead
[2016-05-28 06:30:33] rapidtrades : u whore
[2016-05-28 06:32:05] supermine : ty hedge
[2016-05-28 06:32:32] supermine : what a great platform!
[2016-05-28 06:33:07] BTCDJS : indeed
[2016-05-28 06:33:15] rapidtrades : where's you ETHER now 1bitches?
[2016-05-28 06:33:47] rapidtrades : sucking immigrants for money in a back alley
[2016-05-28 06:33:55] rapidtrades : that's where it is
[2016-05-28 06:35:12] BitMEX_Wally : Applez: I replied to your email. Basically positions liquidiations are triggered based on the underlying index price
[2016-05-28 06:36:27] SatoshiFX : morning, wow back to $500, nice one
[2016-05-28 06:37:18] elmorte : CNY may have peaked :/
[2016-05-28 06:38:59] rapidtrades : from premium to discount in 2 mins lol
[2016-05-28 06:40:09] elmorte : boom
[2016-05-28 06:40:34] BitMEX_Arthur : Any thoughts on daily rebalancing for `XBTUSD`?
[2016-05-28 06:41:24] rapidtrades : not sure...it may be fairer but wont have as much opportunity for arbers
[2016-05-28 06:48:29] darkrenxi : BitMEX_Arthur: hi can you help me
[2016-05-28 06:48:56] null : I like the weekly
[2016-05-28 06:51:21] REKT : Liquidated short on `XBTUSD`: Buy 500 @ 509.46
[2016-05-28 06:51:47] lockhedge : BitMEX_Arthur: would prefer daily, but more important would be to change the mark price (for liquidations) as it used to be for XBT24H
[2016-05-28 06:54:53] BitMEX_Arthur : lockhedge: And that would entice you to short XBTUSD?
[2016-05-28 06:56:51] darkrenxi : is ther any suppor here
[2016-05-28 06:58:21] Blargwaffle : No, not even time for breakfast.
[2016-05-28 06:58:41] lockhedge : BitMEX_Arthur: unfortunately my mm is short since the beginning of the pump. it would reduce a lot of systemic risk if liquidations happen early enough to get filled.
[2016-05-28 07:00:51] REKT : Liquidated short on `XBTUSD`: Buy 2000 @ 509.97
[2016-05-28 07:04:31] j8 : it used to be that the insurance fund was used when liquidations can't be filled. now it's being used when liquidations can't be filled at the spot price + 0.5%. nothing to do with volatility or lack of liquidity
[2016-05-28 07:05:56] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 505.79
[2016-05-28 07:07:55] darkrenxi : hello is there any one to help me
[2016-05-28 07:08:06] BitMEX_Arthur : darkrenxi: What is your questions
[2016-05-28 07:12:22] darkrenxi : @BitMEX_Arthur i just deposit here but i dont understand how to trade here.what is contract by the wway
[2016-05-28 07:13:15] rapidtrades : darkrenxi: use this https://testnet.bitmex.com/
[2016-05-28 07:16:25] BitMEX_Arthur : darkrenxi: What currency would you like to trade?
[2016-05-28 07:17:58] darkrenxi : BitMEX_Arthur: i just want to trade btc to usd. dont know how to see the trades going on here
[2016-05-28 07:18:10] BitMEX_Arthur : https://www.bitmex.com/app/trade/XBTUSD
[2016-05-28 07:18:23] BitMEX_Arthur : That is our 100x leveraged Bitcoin/USD product
[2016-05-28 07:18:32] BitMEX_Arthur : To go Long, Buy; to go Short, Sell
[2016-05-28 07:18:47] BitMEX_Arthur : each one is worth $1
[2016-05-28 07:18:58] BitMEX_Arthur : each contract i should say
[2016-05-28 07:19:33] darkrenxi : okay got it but i have -740 contract what do you mean by that
[2016-05-28 07:19:58] BitMEX_Arthur : You have $740 worth of Bitcoin,
[2016-05-28 07:20:16] rapidtrades : minus
[2016-05-28 07:20:35] BitMEX_Arthur : so short $740 worth of Bitcoin
[2016-05-28 07:20:44] BitMEX_Arthur : or Long USD, short BTC
[2016-05-28 07:21:10] darkrenxi : @BitMEX_Arthur then it has 107.32% ROE what was that
[2016-05-28 07:21:52] BitMEX_Arthur : That is your unrealised Profit / the amount of margin you have agains the position
[2016-05-28 07:22:30] BitMEX_Arthur : so if you used 1 BTC to go long 100 BTC worth of contracts, and the price went up and you had a profit of 1 BTC, your ROE would be 100%
[2016-05-28 07:23:32] darkrenxi : BitMEX_Arthur: but how will reflect in my account i cannot see
[2016-05-28 07:24:34] BitMEX_Arthur : darkrenxi: You have to close your position to realise your profit
[2016-05-28 07:24:53] darkrenxi : BitMEX_Arthur: then how to close that
[2016-05-28 07:24:56] Rune : start of a down trend?
[2016-05-28 07:26:01] REKT : Liquidated long on `XBTUSD`: Sell 49 @ 502.65
[2016-05-28 07:26:01] REKT : Liquidated long on `XBTUSD`: Sell 53 @ 502.64
[2016-05-28 07:26:01] REKT : Have a bowl of chop-chop suey!
[2016-05-28 07:26:16] REKT : Liquidated long on `XBTUSD`: Sell 11523 @ 501.56
[2016-05-28 07:26:51] BitMEX_Arthur : darkrenxi: If you sold 740 contracts,then you buy 740 contracts
[2016-05-28 07:26:56] REKT : Liquidated long on `XBTUSD`: Sell 9108 @ 500.68
[2016-05-28 07:26:56] REKT : Liquidated long on `XBTUSD`: Sell 220 @ 500.50
[2016-05-28 07:28:07] darkrenxi : i have 111. @BitMEX_Arthur how to sold that in the sell market
[2016-05-28 07:28:24] BitMEX_Arthur : You are long +111?
[2016-05-28 07:30:01] REKT : Liquidated long on `XBTUSD`: Sell 13000 @ 498.72
[2016-05-28 07:30:12] Rune : man that was a massacre
[2016-05-28 07:30:41] darkrenxi : BitMEX_Arthur: which one the buy market or sell market
[2016-05-28 07:30:57] Tulsene : (it was a bit weird for me the 1st time but it work) darkrenxi : you just sell your 111 like you short or use the option close market/close limit
[2016-05-28 07:31:29] Tulsene : how can you be MC with XBT long? hooo, leverage and greed! :D
[2016-05-28 07:32:56] darkrenxi : Tulsene: i dont get it man how do i close that it says 222.78% roe
[2016-05-28 07:34:59] darkrenxi : BitMEX_Arthur: oh man my balance is draining when i click that sell market
[2016-05-28 07:35:16] Rune : lol back up already?
[2016-05-28 07:35:17] BitMEX_Arthur : Do you want to go short or long?
[2016-05-28 07:36:37] darkrenxi : @BitMEX_Arthur how to close
[2016-05-28 07:37:37] BitMEX_Arthur : darkrenxi: If you want to close at the market price, choose `Close Market`, if you want to set a limit price use `Close Limit`
[2016-05-28 07:39:59] darkrenxi : BitMEX_Arthur: I JUST CLOSE THE MARKET BUT I GOT NOTHING
[2016-05-28 07:40:51] BitMEX_Arthur : You don't have a position any longer
[2016-05-28 07:41:12] BitMEX_Arthur : If would like to go short or long, use a `Market` or `Limit` order
[2016-05-28 07:44:48] rapidtrades : darkrenxi: use testnet dummy
[2016-05-28 07:55:23] darkrenxi : BitMEX_Arthur: is withdrawal instant
[2016-05-28 07:55:40] chromaticcr1 : all wd are processed in 5 hours
[2016-05-28 07:56:08] chromaticcr1 : coz they are multisig and signed by 2 of 3 Bitmex 's entity
[2016-05-28 07:56:09] BitMEX_Arthur : darkrenxi: We do them every day at 13:00 UTC
[2016-05-28 07:57:08] darkrenxi : BitMEX_Arthur: my balance says is .21 but actual withdrawal is .208 only why was that
[2016-05-28 08:02:18] BitMEX_Arthur : darkrenxi: Realised profits are withheld until rebalancing
[2016-05-28 08:02:35] BitMEX_Arthur : You cannot withdraw realised profit until then
[2016-05-28 08:02:51] BitMEX_Arthur : please read https://www.bitmex.com/app/dynamicProfitEqualisation
[2016-05-28 08:10:41] darkrenxi : BitMEX_Arthur: if i got -740 contracts then 250% ROE is that i gain profit?
[2016-05-28 08:12:13] BitMEX_Arthur : If you have a positive ROE that is an unrealised profit, your realised profit will be different due to commissions and the way in which the contracts are marked
[2016-05-28 08:12:19] BitMEX_Arthur : https://www.bitmex.com/app/fairPriceMarking
[2016-05-28 08:13:29] darkrenxi : BitMEX_Arthur: so thats not the real profit right
[2016-05-28 08:15:21] darkrenxi : BitMEX_Arthur: coz you i got -740 contract 250% ROE then i close the market but i cannot gain profit.
[2016-05-28 08:20:41] BTCDJS : thats 250% unrealised
[2016-05-28 08:22:10] BTCDJS : and better to set a limit order to close your position
[2016-05-28 09:02:07] dorothy490 : BitMEX_Arthur: sorry, that quesstion was rised prbably like 500 times, but one more pls: when 'unrealised profit' will be realized? that page https://www.bitmex.com/app/dynamicProfitEqualisation says each friday , but I do beleive is more frequent
[2016-05-28 09:03:31] dorothy490 : or perhaps it will happen in 3 hours on 'funding'? talking about XBT
[2016-05-28 09:18:17] merp : the shortening is upon us
[2016-05-28 09:18:33] merp : wicken narstty
[2016-05-28 09:19:58] BTCDJS : merp: the shortening?
[2016-05-28 09:22:10] merp : dun b the guy who buys the top, or do.
[2016-05-28 09:22:55] BTCDJS : are you a pirate?
[2016-05-28 09:23:03] zanza : Tradeblock is 498
[2016-05-28 09:24:16] j8 : i'm glad to never have to look at xbx again
[2016-05-28 09:28:09] arbitrage001 : the sep contract is grossly underprice
[2016-05-28 09:28:15] arbitrage001 : same for june
[2016-05-28 09:36:46] j8 : yeah sept still has room to go up for sure
[2016-05-28 09:37:51] Tulsene : damned, I didn't see referal and this is my 4th friend who create an account here, is it possible if they give you (admins) my referal links to add them?
[2016-05-28 09:43:27] j8 : arbitrage001: whats your take on this china premium / cny devaluation business. shorting it?
[2016-05-28 09:44:30] krach : why is the mark price so far off from the ticker
[2016-05-28 09:44:42] krach : eth mark 0.2229 ticker 0.02177
[2016-05-28 09:44:48] krach : pertty major difference
[2016-05-28 09:44:58] arbitrage001 : krach: market distortion happen all the times
[2016-05-28 09:45:13] mrp1nk : krach: we trade the future here, while you are looking at the presenet
[2016-05-28 09:45:22] mrp1nk : *present
[2016-05-28 09:45:25] arbitrage001 : if you think price should be different, then you should exploit it
[2016-05-28 09:46:20] j8 : mrp1nk: if you think you're trading eth futures, you missed an important memo
[2016-05-28 09:46:31] mrp1nk : "futures"
[2016-05-28 09:46:50] j8 : "not futures"
[2016-05-28 09:47:01] mrp1nk : ok, i agree. that statement was valid before the swap was introduced
[2016-05-28 09:47:14] mrp1nk : i know, i know
[2016-05-28 09:47:16] j8 : just buggin ya
[2016-05-28 09:47:22] merp : ooo resist
[2016-05-28 09:47:34] mrp1nk : btw. *iwantmy7dback*
[2016-05-28 09:47:43] arbitrage001 : j8: just saw your china premium comment. I am buying outside china and sellin on china for 5-6% profit
[2016-05-28 09:48:12] arbitrage001 : dont think rmb will devalue 5-6% in short time frame
[2016-05-28 09:48:16] j8 : so actual spot arbitrage
[2016-05-28 09:48:30] arbitrage001 : j8: yes
[2016-05-28 09:48:46] j8 : yeah i think it's pretty overblown
[2016-05-28 09:49:46] j8 : btc markets are pricing it like it's happening monday
[2016-05-28 09:50:51] arbitrage001 : enjoy the opportunity while it last
[2016-05-28 09:51:16] chromaticcr1 : so the mm are already pricing in tmr's funding rate huh?
[2016-05-28 10:01:48] messiaen8844 : clicking on LSKXBT crashes bitmex for me
[2016-05-28 10:01:53] messiaen8844 : only that
[2016-05-28 10:47:18] blackwhite : How is xbt spot 503.69 if kaiko shows 498.29 as BPI US?
[2016-05-28 10:47:35] blackwhite : Are there different Kaikos for $?
[2016-05-28 10:48:37] j8 : blackwhite: https://www.kaiko.com/bitmex
[2016-05-28 10:49:14] BTCDJS : blackwhite: index includes 3 exchanges
[2016-05-28 10:49:50] blackwhite : I see. Ok exchange has too big weight.
[2016-05-28 10:49:59] BTCDJS : yep
[2016-05-28 10:50:00] blackwhite : Its rate is ridiculous
[2016-05-28 10:52:15] j8 : bitstamp is $9 below bitfinex, okc is $9 above. who's right
[2016-05-28 10:53:35] blackwhite : Interested who is the author of idea to create a new index when Kaiko already had a working one
[2016-05-28 10:54:17] blackwhite : A new one which is easily moved just by 1 exchange
[2016-05-28 10:55:11] REKT : Liquidated long on `XBTUSD`: Sell 17 @ 501.83
[2016-05-28 10:56:08] j8 : they decided what they wanted as an index, and got kaiko to host it.
[2016-05-28 10:57:03] j8 : (actually they asked traders what they wanted and pretty much gave it to them)
[2016-05-28 10:57:13] blackwhite : oh it costs a sum I imagine )
[2016-05-28 10:59:29] arbitrage001 : hard to have an accurate btc index when china has the largest volume
[2016-05-28 10:59:49] arbitrage001 : and have capital control in placce
[2016-05-28 11:04:49] j8 : yeah okc usd usually gets part of the china premium.. maybe theres a shortcut to move fiat between .com and .cn if you know the right people
[2016-05-28 11:06:31] arbitrage001 : j8: cant bend physical law, unless they are breaking the laww
[2016-05-28 11:07:00] arbitrage001 : if they do break break the law, i would imagine they want to reap the benefit themselves
[2016-05-28 11:08:22] j8 : right, you don't have to know the right people, you have to be the right people
[2016-05-28 11:18:35] blackwhite : I see they have futures too. What are the main differences between bitmex and their futures platform?
[2016-05-28 11:20:15] blackwhite : I see already that the index is different, okcom uses cny exchanges too in the index
[2016-05-28 11:20:53] j8 : yep, aside from that, they are inverse futures
[2016-05-28 11:21:12] blackwhite : Like xbtusd here?
[2016-05-28 11:21:38] j8 : bitmex has quanto futures for june and sept, which are a bit different. but yeah `XBTUSD` is inverse, but not a future
[2016-05-28 11:22:31] blackwhite : ok bad term from me.
[2016-05-28 11:23:16] blackwhite : i still get it for a weekly one.
[2016-05-28 11:23:24] arbitrage001 : finex is very slow on processing withdraw
[2016-05-28 11:23:24] blackwhite : which reopens itself
[2016-05-28 11:24:16] j8 : yeah, the variable daily interest is the biggest difference
[2016-05-28 11:25:22] j8 : with futures you lock in a price for a later date and the interest is embedded in that. here you can't lock in a rate
[2016-05-28 11:27:14] blackwhite : yeah. really it is not known beforehand. Thanks j8! Good point.
[2016-05-28 11:27:50] blackwhite : the rate is not too bad now by the way.
[2016-05-28 11:28:05] j8 : going up tomorrow
[2016-05-28 11:28:05] blackwhite : during the rally it could be higher
[2016-05-28 11:28:14] blackwhite : ah, let me see
[2016-05-28 11:28:37] blackwhite : 0.035
[2016-05-28 11:28:49] blackwhite : in half an hour we will see a new one, right?
[2016-05-28 11:29:14] j8 : yeah, to get an idea look at https://www.bitmex.com/app/index/.USDBON
[2016-05-28 11:30:07] blackwhite : I imagine it will be a sell-off here if the % goes too high (theoretically)
[2016-05-28 11:30:37] blackwhite : peple would sell here and buy somewhere else
[2016-05-28 11:30:49] j8 : if it's high that means bitfinex longs are hurting too
[2016-05-28 11:31:09] blackwhite : but again those people won't know if the high rate is 1 day only or permanent (
[2016-05-28 11:31:16] blackwhite : no strategy.
[2016-05-28 11:31:55] j8 : thats true, on bitfinex they can at least take a 30 day loan
[2016-05-28 11:35:09] arbitrage001 : j8: you trade for a living?
[2016-05-28 11:35:22] j8 : i do, for the past year
[2016-05-28 11:35:33] arbitrage001 : same here
[2016-05-28 11:35:44] arbitrage001 : i use to trade currency, stock also
[2016-05-28 11:35:55] arbitrage001 : but found out btc is a lot easier
[2016-05-28 11:36:34] arbitrage001 : and doesn't take as much time
[2016-05-28 11:37:48] blackwhite : if okc quarterly is inverse, why it has so premium over spot? couldn't the buyers just buy spot there and hold position?
[2016-05-28 11:37:56] j8 : i imagine it is. i plan on getting into stocks etc, more as long term investments. time to diversify
[2016-05-28 11:38:51] blackwhite : i think i see the answer. They don't have dollars to buy spot (
[2016-05-28 11:39:20] j8 : blackwhite: the premium is in theory to cover the interest, but usually what happens is people are willing to pay more for higher leverage
[2016-05-28 11:39:33] j8 : when there's a strong trend
[2016-05-28 11:40:32] arbitrage001 : j8: better focus on something one does best
[2016-05-28 11:41:01] j8 : yeah thats true
[2016-05-28 11:41:08] arbitrage001 : full time bitcoiner/crypto traders
[2016-05-28 11:43:34] j8 : i wanna take the summer off, but it's just getting exciting
[2016-05-28 11:47:18] arbitrage001 : can trade anywhere in the world
[2016-05-28 11:47:29] arbitrage001 : so long as there is internet
[2016-05-28 11:47:45] arbitrage001 : and easy to cash out just about anywhere in the world also
[2016-05-28 11:48:43] huangyong : arbitrage001: 你这一波行情又赚翻了吧，哈哈
[2016-05-28 11:49:23] arbitrage001 : huangyong: not as much as i like to be, money stucked in finex
[2016-05-28 11:50:17] arbitrage001 : money stucked on lending, and long withdrawal processing time
[2016-05-28 12:04:22] REKT : Liquidated short on `ETHXBT`: Buy 14990 @ 0.02332
[2016-05-28 12:04:51] REKT : Liquidated short on `ETHXBT`: Buy 60 @ 0.02353
[2016-05-28 12:04:51] REKT : Liquidated short on `ETHXBT`: Buy 42 @ 0.02358
[2016-05-28 12:06:00] j8 : dang that's some funding rate
[2016-05-28 12:07:25] arbitrage001 : lol
[2016-05-28 12:07:51] arbitrage001 : problem is i start shorted it at 450
[2016-05-28 12:08:00] arbitrage001 : and then 475
[2016-05-28 12:08:46] GingerDan : link to funding rate?
[2016-05-28 12:09:48] arbitrage001 : https://www.bitmex.com/app/index/.USDBON24H
[2016-05-28 12:12:37] j8 : 0.25% a day is actually more or less where okc weekly is
[2016-05-28 12:13:18] blackwhite : j8: How would you take a summer off? What happens to your positions then? You hold bitcoins?
[2016-05-28 12:14:15] MrJ1m : it went up fast no?
[2016-05-28 12:14:24] MrJ1m : wasn't it 0.04 a few days ago?
[2016-05-28 12:14:30] j8 : i dunno that's what i was trying to figure out @blackwhite
[2016-05-28 12:17:02] j8 : when i don't know what to do, i just sell half and forget about it
[2016-05-28 12:22:55] GingerDan : Sorry for being dense, but does a high USDBON rate mean that people get less money back from a winning trade when everything gets renormalised?
[2016-05-28 12:23:53] j8 : GingerDan: it just means you pay that rate if you're long at 12:00 UTC, and you receive it if you're short
[2016-05-28 12:24:38] GingerDan : I see! Thank you
[2016-05-28 12:26:16] blackwhite : and you can hope that next day it will be lower.
[2016-05-28 12:27:05] blackwhite : is there a way to see an approximation for the next rate somewhere bw?
[2016-05-28 12:28:46] j8 : nope, people were asking for it though
[2016-05-28 12:28:50] blackwhite : j8: Selling inverse future is kind of solution maybe to net position... But you need to monitor it anyway.
[2016-05-28 12:29:47] 1QaZxSw2 : anyone from bitmex here: when it shows ROE on "Your Position" is it relative to mark price or index price or bitmex price?
[2016-05-28 12:30:23] blackwhite : have been for some time here, never understood what is the ROE formula
[2016-05-28 12:30:59] sleger : 1QaZxSw2: it is using same price than for unrealised pnl
[2016-05-28 12:31:33] blackwhite : and what it is for. If I made or lose X, I made or lose X, who cares what margin I had in the past?
[2016-05-28 12:31:43] blackwhite : X XBT i mean
[2016-05-28 12:34:07] sleger : then ignore it if you dont care
[2016-05-28 12:37:30] 1QaZxSw2 : too many prices to understand whats going on
[2016-05-28 12:37:51] GingerDan : agreed
[2016-05-28 12:38:33] 1QaZxSw2 : i think ETH will actually rise in expectation of DAO
[2016-05-28 12:38:44] 1QaZxSw2 : at least for 24 hrs or so
[2016-05-28 12:44:02] laisee : whats happening with DAO in next 24 hrs?
[2016-05-28 12:46:34] sleger : they're voting to convert all their eth to factom
[2016-05-28 12:55:16] REKT : Liquidated short on `XBTUSD`: Buy 80000 @ 504.59 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-05-28 13:14:20] jung1 : laisee: possible
[2016-05-28 13:14:47] jung1 : sleger: Im not shure about that dao ideal
[2016-05-28 13:14:49] jung1 : idea
[2016-05-28 13:18:56] sleger : shounds like a great hidea though
[2016-05-28 13:28:30] laisee : jung1: its closer to an ideal than a workable idea
[2016-05-28 13:29:26] laisee : how about a 50.1% majority votes to pay themselves for 'services rendered' until they have earned all of the DAO assets?
[2016-05-28 13:37:09] jung1 : yeah
[2016-05-28 13:37:42] jung1 : its not perfect but still great that kind of projects appear
[2016-05-28 14:23:08] micmix : BitMEX_Wally: DAO/ETH is live on Kraken, maybe get mark price from there?
[2016-05-28 14:25:50] chromaticcr1 : Ξ0.01035 ~ Ξ0.01144
[2016-05-28 14:27:08] j8 : oh man that symbol is terrible
[2016-05-28 14:30:16] laisee : jung1: agree, good to see experiments like DAO.
[2016-05-28 14:50:48] 1QaZxSw2 : is there a place where i can see open profit on my position
[2016-05-28 14:51:00] 1QaZxSw2 : the roe is % i meant real btc value
[2016-05-28 14:51:40] jung1 : its real value if you will close your position on current mark price
[2016-05-28 14:51:57] BitMEX_Wally : 1QaZxSw2: Look at the `Open Positions` tab
[2016-05-28 14:52:18] BitMEX_Wally : The `Unrealised PNL (ROE %)` column
[2016-05-28 14:52:31] BitMEX_Wally : It gives the absolute profit in Bitcoin and then the ROE
[2016-05-28 14:52:34] 1QaZxSw2 : oh yea, see it, thanks wally
[2016-05-28 14:53:54] 1QaZxSw2 : btw i see fair price and settle price, is there a place where i can see mark price, i.e. the price which actually causes liquidation
[2016-05-28 14:54:43] jung1 : Liq. Price on Open Positions tam
[2016-05-28 14:55:19] 1QaZxSw2 : no, thats the price where if mark price hits i luquidated. but where is the current mark price
[2016-05-28 14:55:56] 1QaZxSw2 : the one right next to it?
[2016-05-28 14:55:58] BitMEX_Wally : On the positions tab there are 2 columns, `Mark Price` and `Liq. Price`
[2016-05-28 14:56:12] 1QaZxSw2 : right, ok thanks. sorry for newbie questions
[2016-05-28 14:56:17] BitMEX_Wally : We're happy to help :)
[2016-05-28 14:57:27] 1QaZxSw2 : is the mark price for eth just a single exchange, polo?
[2016-05-28 15:02:00] BitMEX_Wally : Yes
[2016-05-28 15:36:18] doged : I have a question for "stop market" trading if i open a long position at 500usd and set the stop price to 550usd, and the price hits 551 usd the order get triggered and filled at 550 right?
[2016-05-28 15:38:07] BitMEX_Wally : IF you set a Stop Market order to buy with a stop price of 550 then it will be triggered when the mark price reaches 550. It will then execute at whatever price is available in the order book
[2016-05-28 15:38:31] BitMEX_Wally : It might be 549 or 551 depending on the liquidity in the order book
[2016-05-28 15:44:17] doged : that means profit and no loss, right? sorry i'm a rookie
[2016-05-28 15:45:49] BitMEX_Sam : If you're trying to take profit doged, just set a limit sell at 550
[2016-05-28 15:47:47] BitMEX_Wally : If you are currently long and want to take profit, then submit a Limit order to sell a 550. If you are currently short and want to stop loss, then submit a Stop order to buy at 550
[2016-05-28 15:48:36] BitMEX_Wally : Ahh, you already said you were long, my apologies. In which case you want a Limit order to sell, and that will execute at 550 exactly .
[2016-05-28 15:49:37] doged : thank you
[2016-05-28 16:02:19] jung1 : A new DAO proposal called hodl.it is gaining support: will buy lots of bitcoin and hold.
[2016-05-28 16:02:28] jung1 : simply genius
[2016-05-28 16:03:05] BitMEX_Sam : Ahahaha
[2016-05-28 16:03:49] arbitrage001 : pumping bitcoin
[2016-05-28 16:04:43] arbitrage001 : problem is bitcoin, by itself, don't pay interest or dividend
[2016-05-28 16:05:12] arbitrage001 : no point having someone else holding bitcoin when you can do it yourself
[2016-05-28 16:05:46] jung1 : disagree
[2016-05-28 16:06:09] jung1 : there are a lot of people that want to invest without technical knowledge
[2016-05-28 16:06:31] arbitrage001 : and holding dao is less technical than holding btc?
[2016-05-28 16:06:31] jung1 : and they are able to pay fee to someone that will take care about investment
[2016-05-28 16:06:57] jung1 : could be. depends on what kind of software they will develope
[2016-05-28 16:08:03] jung1 : This is like being in a fund that is administered by crowd voting instead of a manager.
[2016-05-28 16:10:46] j8 : i bet they will suck at it
[2016-05-28 16:12:13] BitMEX_Sam : I agree, I see a lot of ways this could go wrong and not many it could go right
[2016-05-28 16:14:03] sleger : that's shurely thrue
[2016-05-28 16:16:26] REKT : Liquidated long on `DAOETH`: Sell 7 @ 0.01051
[2016-05-28 16:16:26] REKT : Liquidated long on `DAOETH`: Sell 31 @ 0.01042
[2016-05-28 16:16:37] j8 : speaking of which
[2016-05-28 16:21:22] cryptostephen : are LTC/BTC positions liquidated based upon mark price derived from spot?
[2016-05-28 16:21:30] jung1 : but for example if bitmex will go with dao proposal of selling like 30% of exchange shares and dao will make automaticly dividend payout
[2016-05-28 16:21:39] jung1 : I would invest in it
[2016-05-28 16:21:39] cryptostephen : for the mark price, does it go off BTCe only or a mix of polo, btce, and finex?
[2016-05-28 16:22:19] sleger : this guy would invest without even knowing the price that's why it's gonna fail huge
[2016-05-28 16:22:53] BitMEX_Wally : cryptostephen: Look at the contract specs, and click through to the index: https://www.bitmex.com/app/contract/LTCXBT
[2016-05-28 16:23:00] BitMEX_Wally : https://www.bitmex.com/app/index/.LTCXBT
[2016-05-28 16:23:07] BitMEX_Wally : ` The Litecoin price is calculated from the last price at Bitfinex`
[2016-05-28 16:39:35] cryptostephen : so if a wick just barely moves past the liq. price for 1 second then moves back up would that liquidate my position?
[2016-05-28 16:39:51] cryptostephen : or does BTCe need to move to that price as well? how does that work
[2016-05-28 16:40:06] cryptostephen : just wondering, i don't have any trades open
[2016-05-28 16:40:12] cryptostephen : thinking about it tho
[2016-05-28 16:40:28] BitMEX_Wally : If you're talking about the `LTCXBT` swap then it is marked to the Bitfinex price
[2016-05-28 16:41:02] BitMEX_Wally : If the Bitfinex price goes past your liquidation price then you get immediately liquidated
[2016-05-28 16:42:47] cryptostephen : and the liq price is -50% for liquidation?
[2016-05-28 16:42:56] cryptostephen : why so little... okcoin does up to -80%
[2016-05-28 16:43:37] BitMEX_Wally : You need to compare the leverage.
[2016-05-28 16:44:28] BitMEX_Wally : If you open a 20x position on `XBTUSD` then you have 5% initial margin. You are liquidated once you only have 0.50% (the maintenance margin left). This is a -90% ROE
[2016-05-28 16:44:34] BitMEX_Wally : Which is better than OKC
[2016-05-28 16:50:02] cryptostephen : i still think -50% is cutting too much off the top
[2016-05-28 16:50:07] cryptostephen : should be -60% at least
[2016-05-28 16:51:40] cryptostephen : either way. say your liq price was $408. and the price goes to $408. does it liquidate you? or does it need to reach $407.99
[2016-05-28 16:52:59] BitMEX_Wally : If you are long and your liquidation price is $408.00 then the mark price has to be below $408.00, i.e. less than or equal to $407.99
[2016-05-28 16:55:57] aethlios : lisk MM very scary, only 50 lisk....
[2016-05-28 16:59:10] rentchev : you can trade way more than 50
[2016-05-28 16:59:29] rentchev : I just traded 2000
[2016-05-28 17:00:33] aethlios : rentchev: I bought them.
[2016-05-28 17:00:47] rentchev : from me?
[2016-05-28 17:00:48] rentchev : :-)
[2016-05-28 17:01:09] aethlios : 2000 0.000775 2000 1.5500 XBT 0.000775 Limit 2016-05-28 19:35:17
[2016-05-28 17:01:18] rentchev : yes, that was my sell
[2016-05-28 17:01:20] Mangalica : very lisky
[2016-05-28 17:01:25] rentchev : from 0.00067
[2016-05-28 17:01:32] rentchev : funny
[2016-05-28 17:01:35] Mangalica : vely lisky even
[2016-05-28 17:02:00] rentchev : good luck
[2016-05-28 17:02:34] rentchev : LSK now has a premium
[2016-05-28 17:04:56] Mangalica : this Mist ETH wallet takes ages to synchronize. I only need the last 100k or so blocks but I've been on it for hours
[2016-05-28 17:06:16] Mangalica : just wanna send some of that DAO to polo
[2016-05-28 17:25:05] Rune : think a short on lisk is good here
[2016-05-28 17:25:16] Rune : cant seem to pass 0.0008 much
[2016-05-28 17:36:43] nickhnt : Nice to see the leaderboards ?
[2016-05-28 17:37:47] nickhnt : Didnt know about that
[2016-05-28 17:39:52] Mangalica : are you on it?
[2016-05-28 17:40:53] Rune : leaderboards?
[2016-05-28 17:41:14] Mangalica : https://www.bitmex.com/app/leaderboard
[2016-05-28 17:43:38] nickhnt : 2nd on ROE and 3rd on notional
[2016-05-28 17:44:30] Mangalica : impressive
[2016-05-28 17:44:42] Mangalica : you mainly made that on BTC or ETH?
[2016-05-28 17:45:44] nickhnt : I gained a bunch from btc, and I think 20% from eth
[2016-05-28 17:46:37] nickhnt : Im impressed myself, didnt know how far i have come
[2016-05-28 18:12:50] rapidtrades : some scammy shit going on at okc
[2016-05-28 18:13:22] Tetsuo : rapidtrades: ?
[2016-05-28 18:14:22] Tetsuo : BTC&LTC shorters prepare to get wrecked again!
[2016-05-28 18:19:18] REKT : Liquidated long on `DAOETH`: Sell 482 @ 0.00978
[2016-05-28 18:19:18] REKT : Liquidated long on `DAOETH`: Sell 1 @ 0.00980 :punch: :whale:
[2016-05-28 18:21:22] rapidtrades : u can not be srs with this 0.25% shit
[2016-05-28 18:23:44] rapidtrades : daily interest on okc 0.4%
[2016-05-28 18:23:46] rapidtrades : really
[2016-05-28 18:23:53] rapidtrades : u ppl are nuts
[2016-05-28 18:34:30] rapidtrades : BitMEX_Wally: whats wtih the 0.25%
[2016-05-28 18:35:02] arbitrage001 : that is the peak rate at bitfinex yesterday
[2016-05-28 18:35:04] rapidtrades : i just rolled over my bitfinex loans at 0.07
[2016-05-28 18:35:25] elmorte : So...how does one get those comp generated usernames?
[2016-05-28 18:39:52] elmorte : @Alabaster-Mire-Tooth I remember he was complaining about school fees, no?
[2016-05-28 18:40:52] rapidtrades : elmorte: is that really the conversation you're having right now
[2016-05-28 18:41:00] rapidtrades : F*CK SCHOOL
[2016-05-28 18:41:27] elmorte : Dont knock my dreams man....
[2016-05-28 18:41:29] rapidtrades : this is D-day+1
[2016-05-28 18:42:03] rapidtrades : elmorte: you're dreams are shit
[2016-05-28 18:42:18] elmorte : One day, you'll be like...fck, I wish I finished that mba
[2016-05-28 18:42:34] elmorte : Your spelling is shit :p
[2016-05-28 18:43:13] rapidtrades : you don't need an MBA if u want to make $$$
[2016-05-28 18:43:24] rapidtrades : u need MBA if u want to work for smone with monies
[2016-05-28 18:43:48] elmorte : Spoken like someone who don't have one
[2016-05-28 18:44:59] elmorte : Chop chop, ain't got all night
[2016-05-28 18:45:41] rapidtrades : oh do u have to study for ur MBA?
[2016-05-28 18:46:52] elmorte : Sigh...I'll get back to business then.
[2016-05-28 18:48:02] rapidtrades : they're just shifitng paper around
[2016-05-28 18:48:09] rapidtrades : and once u put in bid/ask everything stops
[2016-05-28 18:48:16] rapidtrades : noone needss to trade now
[2016-05-28 18:48:18] rapidtrades : kuntc
[2016-05-28 18:48:36] rapidtrades : they used to fake futures only now looks like they started to mess with spot too
[2016-05-28 18:48:43] rapidtrades : f chinese, never trust china
[2016-05-28 18:49:14] rapidtrades : they'll end bitcoin
[2016-05-28 18:50:13] peachesgirl : hi rapidtrades
[2016-05-28 18:50:37] peachesgirl : how to u clear all open position in one shot if market suddenly moves against u?
[2016-05-28 18:50:46] peachesgirl : is there a feature on the site?
[2016-05-28 18:51:09] jung1 : nope
[2016-05-28 18:51:21] jung1 : just close market
[2016-05-28 18:51:31] MrRGnome : Can't you click the red X on top of the active orders list?
[2016-05-28 18:51:31] peachesgirl : i traded end last year Jung1...and i remeber we had that feature
[2016-05-28 18:51:32] jung1 : in order types
[2016-05-28 18:51:40] peachesgirl : what happened why would they remove something good?
[2016-05-28 18:51:49] jung1 : oh
[2016-05-28 18:51:55] jung1 : never used it before
[2016-05-28 18:52:04] peachesgirl : where is the close market to tap it?
[2016-05-28 18:52:11] MrRGnome : It won't close an open position, you need a market order for that
[2016-05-28 18:52:12] elmorte : I think too many people complained @peachesgirl
[2016-05-28 18:52:31] peachesgirl : thats not good
[2016-05-28 18:53:00] elmorte : Since they didn't understand the algorithm behind it
[2016-05-28 18:53:27] peachesgirl : so, to clear only market option
[2016-05-28 18:53:33] peachesgirl : ok.....no choice
[2016-05-28 18:53:45] peachesgirl : what about stop loss n take profit
[2016-05-28 18:54:07] elmorte : It's the same thing really, except you realize what you're doing uh advance
[2016-05-28 18:54:14] elmorte : In*
[2016-05-28 18:54:24] peachesgirl : :)
[2016-05-28 18:55:11] elmorte : I'm on mobile, for some reason can't see emoticon
[2016-05-28 18:55:40] peachesgirl : ok np...thks for yr help
[2016-05-28 18:57:35] BitMEX_Sam : Hey peachesgirl -
[2016-05-28 18:57:41] BitMEX_Sam : We never had a button to close all open positions.
[2016-05-28 18:57:59] peachesgirl : hi Sam
[2016-05-28 18:58:01] peachesgirl : good day
[2016-05-28 18:58:11] BitMEX_Sam : To close a position quickly you can use a Market or a Close Market order
[2016-05-28 18:58:20] BitMEX_Sam : I would recommend using a Limit to get a better price.
[2016-05-28 18:58:27] peachesgirl : where is the close market order button...thats what I meant
[2016-05-28 18:58:36] peachesgirl : did not remeber what it was called
[2016-05-28 18:58:40] BitMEX_Sam : It's an order type - if you have an open position, you can select it from the dropdown
[2016-05-28 18:58:59] peachesgirl : this is in case the price goes rapidly against u
[2016-05-28 18:59:11] BitMEX_Sam : I will be adding a button to the positions list in the next release to close market or close limit more easily.
[2016-05-28 19:00:05] rapidtrades : BitMEX_Sam: the rate is too damn high!
[2016-05-28 19:00:09] peachesgirl : Sam i dont see any drop down near open position?
[2016-05-28 19:00:22] BitMEX_Sam : It's an order type - where you select Limit, Market, Stop, etc
[2016-05-28 19:00:29] BitMEX_Sam : On mobile it should be at the top of the page
[2016-05-28 19:00:30] peachesgirl : what rate rapidtrades?
[2016-05-28 19:00:42] peachesgirl : im on pc
[2016-05-28 19:00:43] peachesgirl : pc
[2016-05-28 19:00:45] BitMEX_Sam : rapidtrades: That's the real rate, BFX lending market was extremely thin yesterday and some high rates went through
[2016-05-28 19:00:51] elmorte : Thanks @BitMEX_Sam . Condolences to all the "but my pnl said..."
[2016-05-28 19:00:53] BitMEX_Sam : peachesgirl: Top-left then
[2016-05-28 19:01:03] rapidtrades : BitMEX_Sam: well its not the correct rate
[2016-05-28 19:01:09] BitMEX_Sam : elmorte: Yes, we'll have to work on a way to do better messaging on that
[2016-05-28 19:01:46] elmorte : You have my 110% support
[2016-05-28 19:02:00] BitMEX_Sam : It is the correct rate rapidtrades, it is a time and depth-weighted rate of how much it would cost to open a large position
[2016-05-28 19:02:09] rapidtrades : fix it
[2016-05-28 19:02:12] BitMEX_Sam : Lending market went crazy yesterday.
[2016-05-28 19:02:19] rapidtrades : get in there and put 0.08%
[2016-05-28 19:02:26] sleger : hmm it is not how much it would cost, but how much it did yesterday
[2016-05-28 19:02:52] sleger : can I also trade at yesterday's spot price please ?
[2016-05-28 19:02:56] peachesgirl : Sam no jokes but cannot see any drop down!
[2016-05-28 19:03:07] rapidtrades : sleger: but the rate is yday rate
[2016-05-28 19:03:17] sleger : rapidtrades: that's what I said one minute ago
[2016-05-28 19:03:20] rapidtrades : FFR is 0.06 now
[2016-05-28 19:03:29] elmorte : Hey guys, no fighting