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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-05-29 00:18:14] rapidtrades : hes not even mentioning the halvening [2016-05-29 00:18:18] zanza : someone should tweet Mike Hearn [2016-05-29 00:18:21] rapidtrades : hes shit [2016-05-29 00:18:28] zanza : and tell him to suck on lemons [2016-05-29 00:18:30] rapidtrades : zerohedge is shit [2016-05-29 00:18:46] rapidtrades : and tsha that said bitcoin's dead [2016-05-29 00:19:09] rapidtrades : ''i sold all my coins'' tscha at 430 or mth [2016-05-29 00:19:21] REKT : Liquidated long on `ETHXBT`: Sell 1000 @ 0.02229 [2016-05-29 00:21:42] j8 : he sold on the hearn thing and bought on the craig wright thing [2016-05-29 00:22:07] rapidtrades : j8: did he? he doesn't seem that smat [2016-05-29 00:22:33] j8 : i think that's what he said. pretty dumb crowd following if you ask me [2016-05-29 00:22:59] Mangalica : there are several editors and i dont think there is a way to tell who wrote what. Although i suspect only one of them is a BTC guy [2016-05-29 00:24:01] j8 : are we really doing this $10 premium on the swap thing again [2016-05-29 00:24:14] sleger : yep [2016-05-29 00:24:37] sleger : i like : XBTUSD 323664 612.9775 XBT [2016-05-29 00:24:45] Blargwaffle : Haven't had a "to the Moon" feeling in a while. [2016-05-29 00:25:03] rapidtrades : Blargwaffle: ur 2 hrs too late [2016-05-29 00:25:19] Blargwaffle : I'm happily long. [2016-05-29 00:27:37] j8 : long btc/usd isn't bad. china needs a pull back [2016-05-29 00:28:26] rapidtrades : a lot of my profit seems to go straight to realised....is this because i had this long on friday and that price is used? [2016-05-29 00:29:13] rapidtrades : to put it in another way, my unrealized is basically friday settlement compared to now? [2016-05-29 00:29:59] sleger : always has been like that yes [2016-05-29 00:30:09] rapidtrades : sweet, tnx [2016-05-29 00:30:29] rapidtrades : sleger: so i can only be clawed on the profit from friday to now right [2016-05-29 00:30:46] sleger : that's my understanding [2016-05-29 00:31:18] rapidtrades : looks like that's what's happening [2016-05-29 00:31:24] j8 : yep [2016-05-29 00:48:17] miramm1115 : a bit of DPE on XBTU16 [2016-05-29 00:51:51] REKT : Liquidated short on `ETHXBT`: Buy 3 @ 0.02273 :punch: :whale: [2016-05-29 00:59:38] j8 : i saw that one happen, the spread got too wide for the basis to adjust and when it did it was way behind [2016-05-29 01:06:17] rentchev : what is DPE? [2016-05-29 01:06:46] Blargwaffle : Double Penetration Erotica? [2016-05-29 01:06:55] rentchev : lol [2016-05-29 01:07:02] micmix : j8: yeah, I see spread warnings in the log [2016-05-29 01:13:35] j8 : seems to be a lot of back and forth on the swap, bots must be lovin it [2016-05-29 01:15:47] micmix : I'm testing new algo on the swap (you can see $50 orders), it lost a bit on the pump but back in green by now [2016-05-29 01:17:21] lockhedge : itBit seems to be the most liquid spot exchange now, maybe we underestimate its influence on the price [2016-05-29 01:18:10] micmix : interesting, never paid any attention to it [2016-05-29 01:18:32] totoboy : Is Sam or any admin here? [2016-05-29 01:18:44] totoboy : How do u cancel a withdrawal? [2016-05-29 01:18:59] micmix : totoboy: send email to support@bitmex.com [2016-05-29 01:19:03] BitMEX_Greg : totoboy: Please submit a support ticket thanks [2016-05-29 01:19:19] BitMEX_Greg : Wally or Sam will cancel when they are on [2016-05-29 01:19:36] totoboy : Greg hi. ok so can be cancelled great...thkjs [2016-05-29 01:21:49] j8 : lockhedge: for quite a while they've had very impressive orderbook depth although low volume.. also apparently their OTC market is significant [2016-05-29 01:22:15] micmix : 14k volume is pretty good [2016-05-29 01:22:35] j8 : definitely the highest i've seen it [2016-05-29 01:23:00] lockhedge : orderbook is still very impressive after the jump. you can push bitstamp's price to 524 with only 50btc, you'll need 1000btc at itBIT [2016-05-29 01:23:09] BitMEX_Greg : totoboy: Yes, just send the support ticket and we will make sure it's cancelled. [2016-05-29 01:23:27] totoboy : I sent..Thks Greg [2016-05-29 01:25:23] micmix : 0% maker fees and decent volume, will look into it [2016-05-29 01:38:20] BitMEX_Wally : totoboy: Thanks for the email, it has been canceled [2016-05-29 01:38:46] totoboy : Cool Wally...thks [2016-05-29 01:43:16] rapidtrades : micmix: check out what? itbit? [2016-05-29 01:43:27] micmix : rapidtrades: yep [2016-05-29 01:43:31] rapidtrades : k [2016-05-29 01:43:43] rapidtrades : micmix: long short or flat [2016-05-29 01:44:01] micmix : almost flat now, small long still open [2016-05-29 02:06:26] REKT : Liquidated short on `XBTUSD`: Buy 1050 @ 530.79 [2016-05-29 02:29:32] lockhedge : coinbase flash crash https://tradeblock.com/markets/base/xbt-usd/1m/ [2016-05-29 02:32:09] j8 : can you tell what the volume was on that, i can't see [2016-05-29 02:32:46] micmix : I can pull up trade history, give me a min [2016-05-29 02:41:17] j8 : cryptowatch is really broekn [2016-05-29 02:41:33] micmix : very weird, I don't see any trade below $500 in trade history [2016-05-29 02:42:25] micmix : oh sorry, was looking at the wrong hour [2016-05-29 02:43:08] j8 : i'm looking on gdax now. 216 btc sold [2016-05-29 02:43:24] j8 : down to 495 [2016-05-29 02:43:45] micmix : ok, that was a single market sell of 76.7 btc [2016-05-29 02:43:58] j8 : wow, that's nothing [2016-05-29 02:44:36] micmix : books are really thin [2016-05-29 02:45:16] j8 : yeah i see the same thing happened a couple hours ago [2016-05-29 02:49:05] lockhedge : the book is ridiculously thin at both most important sport exchanges Bitstamp and Coinbase [2016-05-29 02:49:54] j8 : sport, oh i get it [2016-05-29 02:50:31] lockhedge : *spot... [2016-05-29 02:55:41] micmix : everyone should trade on Bitmex [2016-05-29 03:04:07] stevelim : Is perpetual swap leverage changed? [2016-05-29 03:05:13] stevelim : I have two account and they one is 100x another is 50x. [2016-05-29 03:05:54] stevelim : why are they different? [2016-05-29 03:07:25] BitMEX_Arthur : stevelim: Due to the anticipated funding rate increases on XBTUSD we raised the initial margin to 2% or 50x leverage. This is to prevent people from being instantly liquidated [2016-05-29 03:10:53] stevelim : well, I don't see any announcement. It is not fair to change it without any announcement. [2016-05-29 03:17:08] messiaen8844 : wasn't it already 50x a few days ago? [2016-05-29 03:17:19] messiaen8844 : it listed as 100x, but I think it was at 50x [2016-05-29 03:17:41] BitMEX_Arthur : You can choose your initial margin on the leverage slider for isolate margin [2016-05-29 03:18:06] Blargwaffle : Liquidation prices changed? :/ [2016-05-29 03:18:17] BitMEX_Wally : No one has been liquidated by this change [2016-05-29 03:18:31] Blargwaffle : I'm just asking if they have changed. [2016-05-29 03:18:32] BitMEX_Wally : The point is to prevent new positions being opened at 100x which might end up being liquidate [2016-05-29 03:27:12] j8 : changing the rules like that with no notice is pretty bad. it does affect existing positions [2016-05-29 03:27:42] stevelim : yes, that is my point. [2016-05-29 03:28:13] stevelim : and trading strategy. It would be nicer if you had a proper announcement. [2016-05-29 03:29:12] BitMEX_Arthur : We are preventing the situation where high rates cause instant liquidations [2016-05-29 03:29:22] BitMEX_Wally : There were only 9x positions with 100x set and we have left them at 100x [2016-05-29 03:29:27] j8 : you even had a mechanism to deal with this in the specs - cap the rate at 75% of maintenance margin [2016-05-29 03:29:53] Blargwaffle : Alright, decreased my position to get that safe liquidation price. [2016-05-29 03:30:57] Blargwaffle : Hopefully China doesn't cause more of a surge before 100x is back again. [2016-05-29 03:31:00] j8 : why not cap the rate if that's how the contract was specified? [2016-05-29 03:31:38] BitMEX_Arthur : j8: we will be sending out an announcement shortly that will explain all the changes [2016-05-29 03:38:08] j8 : longs who were expecting to pay at most 0.375% will be rightly annoyed [2016-05-29 03:46:39] zeropoint : leverage change mid contract... wtf [2016-05-29 03:49:24] REKT : Liquidated long on `XBTUSD`: Sell 12068 @ 515.73 [2016-05-29 03:50:37] REKT : Liquidated short on `ETHXBT`: Buy 1662 @ 0.02326 [2016-05-29 03:57:14] seaplusplus : wtf [2016-05-29 03:57:31] seaplusplus : auto rekt [2016-05-29 04:02:43] BTCVIX : BitMEX_Arthur: what is this bullshit [2016-05-29 04:03:00] BTCVIX : bitmex imploding [2016-05-29 04:05:11] lockhedge : maintenance margin is still at 0.5%, so why defend the possibility to open new 100x positions? [2016-05-29 04:05:49] micmix : thanks for the daily rebalance, should help [2016-05-29 04:08:05] j8 : yeah i was wondering the same thing as lockhedge [2016-05-29 04:09:54] BitMEX_Arthur : lockhedge: not sure I understand your question [2016-05-29 04:11:36] lockhedge : BitMEX_Arthur: there's no question [2016-05-29 04:13:22] j8 : i thought the issue was with the maintenance margin being less than the funding rate [2016-05-29 04:13:23] BTCVIX : BitMEX_Arthur: so insurance fund near 60 btc why not tap that shit [2016-05-29 04:13:35] BTCVIX : don't understand the drastic measures so abruptly [2016-05-29 04:13:37] BTCVIX : ffs [2016-05-29 04:14:26] micmix : it's not about the insurance fund, it's about insta-rekt as far as I understand [2016-05-29 04:14:46] BTCVIX : micmix: but why not tap insurance fund to rectify the problem [2016-05-29 04:15:44] micmix : insurance fund can't help ppl who are getting insta-rekt [2016-05-29 04:16:33] BitMEX_Arthur : We need to allow the funding rates to reflect reality [2016-05-29 04:16:38] j8 : none of these measures really confront the actual problem: marking to spot and not clearing liquidations asap [2016-05-29 04:16:51] BitMEX_Arthur : and as micmix said we don't want to have insta rekt [2016-05-29 04:17:19] j8 : i agree that ideally the rate shouldn't be capped [2016-05-29 04:17:24] lockhedge : what's your argument against marking to market, Arthur? [2016-05-29 04:17:50] micmix : I agree, the funding rates should be close to reality for MMs to hedge [2016-05-29 04:20:06] seaplusplus : does this dynamic leverage based on volatility have a fancy name? [2016-05-29 04:20:43] BTCVIX : seaplusplus: yeah -- http://www.simplexfx.com [2016-05-29 04:20:48] BTCVIX : but at least they disclose that [2016-05-29 04:21:15] lockhedge : it's only for new contracts, so where's the problem? [2016-05-29 04:21:55] BitMEX_Arthur : lockhedge: we are looking to that [2016-05-29 04:22:08] zeropoint : dont allow positions to be opened that will be auto liquidated then... which im positive was already implemented as ive seen the message a few times today when accidentaly tried to open at 100x [2016-05-29 04:22:16] j8 : if you already opened a position will lower leverage there was the expectation that you could decrease it to 100x, but now you can't [2016-05-29 04:24:47] BTCVIX : zeropoint: degen status confirmed [2016-05-29 04:24:48] BTCVIX : lol [2016-05-29 04:24:51] BTCVIX : but so am I [2016-05-29 04:25:35] micmix : j8: I did that yesterday to liquidated my short at better price instead of trading out of it [2016-05-29 04:26:24] j8 : apparently that's how you're supposed to "arbitrage" it [2016-05-29 04:26:35] micmix : was thinking of adding that logic to the bots but decided against it, not really fair [2016-05-29 04:27:03] BitMEX_Wally : We could leave max leverage at 100x but after the funding rate increases every time you try and submit an order it would be rejected with "Executing at order price would lead to immediate liquidation". This is confusing for users so we just changed the max to 50x [2016-05-29 04:27:39] BitMEX_Wally : Once things calm down again we can go back to 100x :) [2016-05-29 04:27:43] swapman : Did individuals on cross margin have to pledge additional capital on existing positions? Or it only affects initial margin for new opened positions? [2016-05-29 04:27:45] zeropoint : whats confusing is changing the gd leverage mid contract [2016-05-29 04:28:33] lockhedge : swapman: Maintenance Margin is unchanged at 0.5% [2016-05-29 04:28:34] BitMEX_Wally : zeropoint: The max leverage changed, the size of all positions and their liquidation prices stayed the same [2016-05-29 04:28:51] BTCVIX : BitMEX_Wally: kind of dilutes and lessens your mantra of being the highest leverage degenerate exchange though [2016-05-29 04:29:15] BTCVIX : you guys are losing the title of most degen imo [2016-05-29 04:29:28] BitMEX_Wally : Coinpit does 200x so we're not most degen :) [2016-05-29 04:29:45] swapman : Actually its more than 400x [2016-05-29 04:29:54] BTCVIX : BitMEX_Wally: oh so you like that your are less degen now ? [2016-05-29 04:29:57] zeropoint : link Wally? [2016-05-29 04:30:01] BTCVIX : lol [2016-05-29 04:30:04] swapman : https://live.coinpit.io [2016-05-29 04:30:15] BTCVIX : degens unite [2016-05-29 04:30:15] zeropoint : lolol [2016-05-29 04:30:26] swapman : Loginless system, really nice model they're building there [2016-05-29 04:34:58] REKT : Liquidated short on `XBTUSD`: Buy 150 @ 520.82 [2016-05-29 04:35:51] REKT : Liquidated short on `XBTUSD`: Buy 500 @ 521.43 [2016-05-29 05:56:16] REKT : Liquidated short on `XBTUSD`: Buy 8722 @ 523.59 [2016-05-29 05:56:17] REKT : Liquidated short on `XBTUSD`: Buy 100 @ 523.59 [2016-05-29 06:07:36] atolkien : why my withdraw [2016-05-29 06:07:55] atolkien : be cancelled again and again [2016-05-29 06:08:49] atolkien : only 0.018xbt but be cancelled for three times [2016-05-29 06:17:07] REKT : Liquidated short on `ETHXBT`: Buy 18 @ 0.02342 [2016-05-29 06:27:09] BitMEX_Wally : atolkien: You must click on the confirm link in your email within 30 minutes, otherwise the withdrawal is automatically canceled [2016-05-29 06:31:44] vbmithr : Hey [2016-05-29 06:31:45] vbmithr : Morning [2016-05-29 06:46:02] BitMEX_Wally : atolkien: you might need to check your spam folder [2016-05-29 06:55:02] BitMEX_Jinming : atolkien: if you don't see it in the spam folder, it may be filtered out automatically. you can check this article how to resolve this: http://zhidao.baidu.com/question/182981326.html?qbl=relate_question_0&word=qq%20%D3%CA%CF%E4%20%D7%E8%C0%B9%D3%CA%BC%FE [2016-05-29 06:55:20] BitMEX_Jinming : http://zhidao.baidu.com/question/182981326.html?qbl=relate_question_0&word=qq%20%D3%CA%CF%E4%20%D7%E8%C0%B9%D3%CA%BC%FE [2016-05-29 06:57:18] BitMEX_Jinming : atolkien: `http://jingyan.baidu.com/article/358570f66471a5ce4724fc8e.html` [2016-05-29 07:25:28] daoist : https://www.tradingview.com/chart/LSKBTC/fdCl1K3E-LSK-Weekend-Break-Up-or-Down/ [2016-05-29 07:48:46] dorothy490 : BitMEX_Jinming: are you from mainland? [2016-05-29 07:58:21] REKT : Liquidated long on `ETHXBT`: Sell 27 @ 0.02292 [2016-05-29 08:05:09] keroub : daoist: lol [2016-05-29 08:05:13] keroub : nice nickname [2016-05-29 08:05:31] daoist : thanks @keroub [2016-05-29 08:05:44] keroub : what kind of daoist may I ask :) [2016-05-29 08:05:52] daoist : i should have gone with daoISH [2016-05-29 08:06:21] daoist : dao the way, yet it is no way [2016-05-29 08:06:56] keroub : :)) [2016-05-29 08:07:30] keroub : Was thinking about starting a dao [2016-05-29 08:07:40] keroub : Now that there is so much capital locked inside this thing :) [2016-05-29 08:08:03] keroub : Apparently people want to get their money back already when I look at the rates here [2016-05-29 08:19:49] BitMEX_Jinming : dorothy490: yes [2016-05-29 08:27:49] rapidtrades : just woke up i thought my stopout at 591 was a nightmare [2016-05-29 08:27:53] rapidtrades : nope nope nope [2016-05-29 08:30:11] rapidtrades : BitMEX_Jinming: will already open positions be subject to 50/1 or the stay at 100 [2016-05-29 08:32:17] rapidtrades : this 0.25% is such bullshit man [2016-05-29 08:32:40] rapidtrades : there's not a loan in my bok higher then 0.11% [2016-05-29 08:37:58] Yumi : everyone is long, finex is out of USD, whats so hard to understand, it will be much higher when swap rolls over [2016-05-29 08:38:17] rapidtrades : Yumi: i just told u above [2016-05-29 08:38:28] rapidtrades : 10:32 - rapidtrades: there's not a loan in my bok higher then 0.11% [2016-05-29 08:39:22] rapidtrades : its a flawed system cos u can roll ur loans for cheaper...i had some loans at 0.5%, i closed them and re-opened at 0.11 [2016-05-29 08:39:28] Yumi : so do you think bitmex takes avg rate of loans of user rapidtrades [2016-05-29 08:39:52] rapidtrades : ye but its not working as intended [2016-05-29 08:40:17] rapidtrades : right now the FRR rate on finex is 0.16% [2016-05-29 08:41:44] Yumi : algo must look at certain depth so when its almost empty it gets inflated [2016-05-29 08:42:45] rapidtrades : dude i just spined a loan t 0.06% [2016-05-29 08:43:00] rapidtrades : u can't average out with the extremes [2016-05-29 08:43:29] Yumi : well you can always arbitrage by shorting here and collecting swap $ [2016-05-29 08:43:44] rapidtrades : Yumi: ur kidding [2016-05-29 08:44:53] rapidtrades : do u have any idea how close we got to catastrophic DPE last night? why do u think they're taking down the leverage to 50/1? [2016-05-29 08:46:14] Yumi : they reduce max leverage because swap is high and will be higher [2016-05-29 08:46:26] rapidtrades : Yumi: lol [2016-05-29 08:46:32] rapidtrades : ever heard of PR bud [2016-05-29 08:47:13] Yumi : do you know the diff between Initial Margin and Maintenance Margin ? [2016-05-29 08:48:07] rapidtrades : Yumi: no...tell me is the difference your mom sucking off the entire football team? [2016-05-29 08:48:33] Yumi : you should get chat privileges removed [2016-05-29 08:49:01] rapidtrades : Yumi: lol [2016-05-29 08:52:16] mrp1nk : dpe incoming? [2016-05-29 08:54:52] rapidtrades : mrp1nk: no why [2016-05-29 08:58:14] BitMEX_Jinming : rapidtrades: opened position is also subject to 50x(2% initial margin) unless you don't have enough margin to cover the margin requirement from 100x to 50x [2016-05-29 08:58:30] mrp1nk : dunno, just asking [2016-05-29 09:00:41] rapidtrades : BitMEX_Jinming: fix the rate [2016-05-29 09:02:38] BitMEX_Wally : The `.USDBON24H` rate is a 24 hour time weighted average of `.USDBON`: https://www.bitmex.com/app/index/.USDBON [2016-05-29 09:05:07] rapidtrades : BitMEX_Wally: no srs, this is not funny [2016-05-29 09:07:15] rapidtrades : use a average of FRR...or mean instead of average ....none's keeping those loans at +0.5% [2016-05-29 09:30:31] trestres : BitMEX_Wally: why you use this rate system? why it cannot be implicit in the price? [2016-05-29 09:30:57] BitMEX_Wally : For it to be implicit in the price there has to be an expiry date [2016-05-29 09:31:12] trestres : why? [2016-05-29 09:31:13] BitMEX_Wally : i.e. if the rate was 1% and the future expired in 10 days there would be a 10% premium [2016-05-29 09:31:23] BitMEX_Wally : But the swap never expires, so the premium would have to be infinity [2016-05-29 09:32:16] trestres : market can decide freely the value of the premium [2016-05-29 09:33:44] BitMEX_Wally : Right, and the market value of a non-expiring future is infinity [2016-05-29 09:33:59] BitMEX_Wally : Find me a market maker who will short XBTUSD indefinitely for a one-off premium [2016-05-29 09:35:44] trestres : with this system market makers are satisfied? [2016-05-29 09:36:11] BitMEX_Wally : Yes [2016-05-29 09:36:21] trestres : ok :-) [2016-05-29 09:36:37] BitMEX_Wally : Basically the funding rate earnt by market makers who short XBTUSD is enough to pay the funding on their long XBT hedge [2016-05-29 09:36:49] trestres : thank you for explanation [2016-05-29 09:38:25] BitMEX_Wally : :) [2016-05-29 09:42:38] daoist : keroub: start a sidechain [2016-05-29 09:47:22] REKT : Liquidated short on `ETHXBT`: Buy 16 @ 0.02372 [2016-05-29 10:11:44] vbmithr : daoist: sidechain? Lost the context :) [2016-05-29 10:18:22] mrp1nk : TV getting bearish makes me bullish again [2016-05-29 10:20:09] GingerDan : It will test the november high again ~511 [2016-05-29 10:26:21] REKT : Liquidated long on `ETHXBT`: Sell 1 @ 0.02355 :punch: :whale: [2016-05-29 10:49:24] mrp1nk : GingerDan: not if whole TV is short xD [2016-05-29 10:50:04] luckynuke : hey trolls [2016-05-29 10:55:57] Yumi : next funding rate over/under 1% ? [2016-05-29 10:58:56] luckynuke : If finex goes 510 too, price will fall down [2016-05-29 10:59:15] luckynuke : to 510 [2016-05-29 11:00:47] BitMEX_Wally : Yumi: next funding rate will probably be 1.125% [2016-05-29 11:00:49] BitMEX_Wally : https://www.bitmex.com/app/index/.USDBON [2016-05-29 11:09:20] GingerDan : ouch. [2016-05-29 11:10:10] Yumi : Wally, do you think it's working as intended or it's possible that shallow bfx lending book inflates USDBON more than it should? [2016-05-29 11:10:34] luckynuke : where i can loan dollars here ? [2016-05-29 11:10:59] luckynuke : *lend [2016-05-29 11:11:31] BombaUcigasa : How much profit do you want for your dollars? [2016-05-29 11:11:54] luckynuke : as much as possible, of course [2016-05-29 11:12:10] BombaUcigasa : Sorry, my calculator doesn't have that button, can't help you [2016-05-29 11:12:24] BombaUcigasa : It only works with real numbers [2016-05-29 11:12:45] luckynuke : ah bullshit... there is a red +++ button on the back of your calculator [2016-05-29 11:13:17] BombaUcigasa : Anyway, first, you can make in a single day more profit here on your dollars than you can make all year by lending [2016-05-29 11:13:26] BombaUcigasa : Second, you can't put dollars on Bitmex, only Bitcoin [2016-05-29 11:13:55] luckynuke : but lending is more safe :) [2016-05-29 11:14:13] BitMEX_Wally : You can go to a spot exchange and buy Bitcoin and then come here and short XBTUSD [2016-05-29 11:14:30] BitMEX_Wally : Then you earn the funding rate without Bitcoin price risk [2016-05-29 11:14:54] GingerDan : 2008 called. They said to lend everything you can [2016-05-29 11:14:56] REKT : Liquidated short on `XBTUSD`: Buy 6600 @ 524.98 [2016-05-29 11:15:07] luckynuke : Wow :D i know that, but thanks. Just asked for Lending options ^^ [2016-05-29 11:15:11] BitMEX_Wally : https://blog.bitmex.com/earning-interest-income-on-xbtusd-with-minimised-risk/ [2016-05-29 11:15:41] BitMEX_Wally : Effectively it is lending but you only have to put up a few % on BitMEX [2016-05-29 11:16:32] luckynuke : sounds interesting [2016-05-29 11:16:44] luckynuke : Thanks =) [2016-05-29 11:18:42] REKT : Liquidated short on `XBTUSD`: Buy 511 @ 526.54 [2016-05-29 11:18:42] REKT : Liquidated short on `XBTUSD`: Buy 60 @ 527.03 [2016-05-29 11:19:14] luckynuke : rip [2016-05-29 11:19:17] REKT : Liquidated short on `XBTUSD`: Buy 6000 @ 528.32 [2016-05-29 11:19:17] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 528.09 [2016-05-29 11:19:17] REKT : All aboard the MOON train! [2016-05-29 11:20:50] Rasign : rip eth [2016-05-29 11:21:17] luckynuke : dump in 311 btc [2016-05-29 11:21:51] luckynuke : 263 [2016-05-29 11:22:00] luckynuke : 205 [2016-05-29 11:22:01] Rasign : luckynuke: you speak about eth ? [2016-05-29 11:22:03] Rasign : or btc? [2016-05-29 11:22:11] luckynuke : btc [2016-05-29 11:22:18] luckynuke : 204 [2016-05-29 11:22:40] luckynuke : 173 [2016-05-29 11:23:22] chromaticcr1 : lol such a whale [2016-05-29 11:24:53] luckynuke : walls on finex growing [2016-05-29 11:28:41] luckynuke : bulls lose power [2016-05-29 11:29:23] mrp1nk : luckynuke: short moar [2016-05-29 11:30:06] Mangalica : oh yes bitcoinwisdom changed back to 5 dollar aggregation on the books [2016-05-29 11:30:24] chromaticcr1 : luckynuke: Donald Trump on Bifinex: confirmed ;) [2016-05-29 11:31:20] Mangalica : above 500 it auto-changes to that [2016-05-29 11:31:29] luckynuke : lol i went long till 529 :D [2016-05-29 11:32:48] luckynuke : 91 btc buy wall on finex, dump [2016-05-29 11:36:14] rapidtrades : hey when's the latest i can ask for withdrawal? in 20 mins or 1:20 mins [2016-05-29 11:37:46] chromaticcr1 : 1:20 [2016-05-29 11:37:58] chromaticcr1 : you got 1 hr time after settlement [2016-05-29 11:38:33] rapidtrades : tnx [2016-05-29 11:39:06] rapidtrades : and what will be funding rate? say ..... right now [2016-05-29 11:39:43] rapidtrades : says ..... where there used to be % [2016-05-29 11:39:48] chromaticcr1 : https://www.bitmex.com/app/index/.USDBON [2016-05-29 11:40:44] chromaticcr1 : #instaREKT rate for tmr [2016-05-29 11:41:29] Yumi : Wally said it probably will be at cap 1.125% [2016-05-29 11:44:58] rapidtrades : so 0.45%? are u srs [2016-05-29 11:45:18] zanza : hey guys, good morning did I miss anything? [2016-05-29 11:45:25] rapidtrades : hey support what will be the % [2016-05-29 11:45:35] rapidtrades : don't F8ck with us [2016-05-29 11:46:01] rapidtrades : BitMEX_Wally: funding rate doesn't show [2016-05-29 11:46:06] chromaticcr1 : 0.45% is the last one, ~1.x% is the TWAP'd (or twat'd, some would like to say) rate, which prob would be adjusted to 1.125%, mentioned in email [2016-05-29 11:46:16] rapidtrades : WHAT [2016-05-29 11:46:20] rapidtrades : 1.1%? [2016-05-29 11:46:37] chromaticcr1 : try scroll down, average the numbers out [2016-05-29 11:46:47] chromaticcr1 : that's how much you prob pay tmr [2016-05-29 11:48:57] limsta08 : so what is the funding rate? [2016-05-29 11:49:07] rapidtrades : 1% [2016-05-29 11:49:25] limsta08 : 1% per day? [2016-05-29 11:49:30] rapidtrades : yep [2016-05-29 11:49:40] chromaticcr1 : you will know in like 10 minutes, grab a cup of coffee so you can be more dramatic when you flip the table in a moment [2016-05-29 11:49:42] rapidtrades : thank bitmex shitty index [2016-05-29 11:50:09] rapidtrades : this happens when u don't listen to traders...i warned them yday almost 24 hrs ago [2016-05-29 11:50:22] chromaticcr1 : just my opinion, FRR exists for a reason [2016-05-29 11:50:56] mrp1nk : wat [2016-05-29 11:51:17] mrp1nk : 1%, u serious bro? [2016-05-29 11:52:18] chromaticcr1 : https://www.youtube.com/watch?v=gqEKXNDs-lM [2016-05-29 11:53:54] mrp1nk : #free7d [2016-05-29 11:55:00] rapidtrades : now it says 0.25% [2016-05-29 11:55:01] rapidtrades : wtf [2016-05-29 11:55:06] rapidtrades : who's laying over here [2016-05-29 11:55:54] rapidtrades : market stressful enough withoout these constantly changing rules bitmex [2016-05-29 11:56:50] chromaticcr1 : you will see in 5 minutes. day 0-day1 averages rate applies to day2's settlement [2016-05-29 11:57:01] rapidtrades : WHERE THE F*cK IS SUPPORT [2016-05-29 11:57:06] rapidtrades : SRSLY ARE U SRS [2016-05-29 11:57:08] rapidtrades : RIGHT NOW [2016-05-29 11:57:09] rapidtrades : BITMEX [2016-05-29 11:57:28] BitMEX_Wally : What's up? [2016-05-29 11:57:32] chromaticcr1 : the rate that you pay in 3 minutes is the average rate of 48 hours ago to 24 hours ago [2016-05-29 11:57:50] BitMEX_Wally : `0.2588% in 2 minutes` [2016-05-29 11:57:56] BitMEX_Wally : The 1.125% will be in 24 hours [2016-05-29 11:58:07] rapidtrades : ok tnx...it didn't show for a bit there said ........... [2016-05-29 11:58:33] rapidtrades : then some idiot says 1% but i guess thats tomorrow [2016-05-29 11:58:48] BitMEX_Wally : Yeah you always get 24 hours notice of the funding rate [2016-05-29 11:58:52] luckynuke : rapidtrades do you make much profit here ? [2016-05-29 11:59:27] rapidtrades : idk, i make profit all over [2016-05-29 11:59:39] rapidtrades : much is relative [2016-05-29 12:00:44] rapidtrades : tnx for the 0.25% ra*pe we can nwo proceed with our day [2016-05-29 12:01:01] zanza : saltytrades your new name [2016-05-29 12:01:28] stevelim : 0.7%?? [2016-05-29 12:01:37] peachesgirl : hI wALLY [2016-05-29 12:01:40] peachesgirl : U THERE? [2016-05-29 12:01:45] rapidtrades : don't worry its tomorrow @stevelim [2016-05-29 12:02:11] peachesgirl : Is there still one hr more so i can request a withdrawal or its too late? [2016-05-29 12:02:40] chromaticcr1 : the next w/d cut-off is 58 minutes away [2016-05-29 12:03:07] REKT : Liquidated short on `XBTUSD`: Buy 3834 @ 534.19 [2016-05-29 12:03:07] REKT : Liquidated short on `XBTUSD`: Buy 1 @ 528.22 :punch: :whale: [2016-05-29 12:03:07] REKT : Liquidated short on `XBTUSD`: Buy 5900 @ 528.29 [2016-05-29 12:03:10] peachesgirl : Chromaticcr1 : Hi ! u sure as im confiused with this utc timming [2016-05-29 12:04:02] rapidtrades : okc bans margin trading, rates here jacked to 0.7% [2016-05-29 12:04:07] rapidtrades : this pump wont last long [2016-05-29 12:04:15] limsta08 : what the fuck just happened? [2016-05-29 12:04:28] rapidtrades : limsta08: why [2016-05-29 12:04:37] limsta08 : my position just got liquidated [2016-05-29 12:04:44] rapidtrades : ah [2016-05-29 12:04:47] limsta08 : can you check? [2016-05-29 12:04:56] BitMEX_Wally : limsta08: Looking into it [2016-05-29 12:05:10] Tetsuo : limsta08: thanx for ur moneeez! [2016-05-29 12:05:17] rapidtrades : we dipped to 528 when that moron sold 30 secs before settlement [2016-05-29 12:05:36] peachesgirl : Wally is there 55 mins more for withdrawal? [2016-05-29 12:05:36] rapidtrades : then bought right after...wonder if it was worth it [2016-05-29 12:05:47] limsta08 : my liquidation price was 534, we never got there. [2016-05-29 12:05:54] rapidtrades : we got 535 [2016-05-29 12:06:14] rapidtrades : 535.11 [2016-05-29 12:06:28] limsta08 : index? [2016-05-29 12:06:31] rapidtrades : or u prolly mean the mark [2016-05-29 12:06:37] limsta08 : yes [2016-05-29 12:06:49] rapidtrades : idk, wally he'll check [2016-05-29 12:06:56] BitMEX_Wally : limsta08: Your position was still on 10x [2016-05-29 12:06:57] BitMEX_Wally : 100x [2016-05-29 12:07:18] limsta08 : and? [2016-05-29 12:07:38] BitMEX_Wally : When the funding rate changed to 0.70% the mark price rose to 0.70% above spot and your short position was liquidated [2016-05-29 12:08:23] peachesgirl : Wally pl. confirm if i still have 50 mkns to withdrawal? [2016-05-29 12:08:32] rapidtrades : great so the shoddy rate calculation is stopping out trades now [2016-05-29 12:08:34] limsta08 : my liquidation indication price was 534, we never got 534. [2016-05-29 12:08:46] limsta08 : please check [2016-05-29 12:09:03] limsta08 : and get my money back [2016-05-29 12:09:11] mrp1nk : rektmex [2016-05-29 12:09:34] PatioCrasher : we did hit 534 tho [2016-05-29 12:09:35] BitMEX_Jinming : peachesgirl: yes you are correct. [2016-05-29 12:09:55] peachesgirl : Thks Jinming ! [2016-05-29 12:09:59] BitMEX_Wally : limsta08: Please email support@bitmex.com we don't discuss account details in the trollbox [2016-05-29 12:10:16] limsta08 : marking price NEVER got 534!!! [2016-05-29 12:11:14] Tetsuo : limsta08: yes it did, for less a second, sorry bro [2016-05-29 12:11:44] rapidtrades : Tetsuo: how do u know [2016-05-29 12:11:52] rapidtrades : he's tlking about mark [2016-05-29 12:12:17] limsta08 : mark NEVER touch 534!!! only 532 [2016-05-29 12:12:31] rapidtrades : spot topped at 535.11 [2016-05-29 12:12:43] Tetsuo : i saw mark goin to 534.xx [2016-05-29 12:13:01] BitMEX_Wally : The maintenance margin is 0.50% plus funding rate, and so the liquidation price changed [2016-05-29 12:13:31] rapidtrades : ah...that explains it [2016-05-29 12:13:40] Tetsuo : limsta08 , better think about it next time :-D [2016-05-29 12:13:49] rapidtrades : still shitty to use 0.7% when current rate on finex is 0.44 tops [2016-05-29 12:14:29] rapidtrades : hope ur working on changing this calc...rest my case on this [2016-05-29 12:15:20] limsta08 : Yes, and the spot never went up 530 after the settlement. so even adding the 0.7%, It can't reach above 543. where can I see the spot price plz? [2016-05-29 12:16:03] limsta08 : It must be bug on your system. [2016-05-29 12:16:11] rapidtrades : recent trades it hit 535.11 [2016-05-29 12:16:40] limsta08 : 2016-05-29 21:16:00 .XBT 527.35 2016-05-29 21:15:00 .XBT 527.35 2016-05-29 21:14:00 .XBT 527.71 2016-05-29 21:13:00 .XBT 527.87 2016-05-29 21:12:00 .XBT 527.90 2016-05-29 21:11:00 .XBT 527.90 2016-05-29 21:10:00 .XBT 527.91 2016-05-29 21:09:00 .XBT 527.69 2016-05-29 21:08:00 .XBT 527.70 2016-05-29 21:07:00 .XBT 527.54 2016-05-29 21:06:00 .XBT 527.34 2016-05-29 21:05:00 .XBT 527.38 2016-05-29 21:04:00 .XBT 527.23 2016-05-29 21:03:00 .XBT 527.06 2016-05-29 21:02:00 .XBT 526.70 2016-05-29 21:01:00 .XBT 526.86 2016-05-29 21:00:00 .XBT 526.64 [2016-05-29 12:16:47] rapidtrades : i think mark is index+funding rate tho, so wouldn't matter what we hit here [2016-05-29 12:17:05] BitMEX_Wally : The issue wasn't that the mark price reached your liquidation price, but that your liquidation price dropped to 530.75 [2016-05-29 12:17:07] chromaticcr1 : Discuss with wally in emal bro... [2016-05-29 12:17:07] limsta08 : even adding the funding which is 3.7% [2016-05-29 12:17:15] BitMEX_Wally : Just email support@bitmex.com [2016-05-29 12:17:19] rapidtrades : what wally said [2016-05-29 12:18:05] rapidtrades : rates jumped 0.6% so ur liq price dropped by that amount [2016-05-29 12:19:01] asdfman : why does liquidation price change like this? [2016-05-29 12:19:04] limsta08 : my liquidation price went up, because I was short and I got funding. It didn't get drop. [2016-05-29 12:19:15] rapidtrades : ^ man has a point [2016-05-29 12:19:25] rapidtrades : i was thinking the same thing [2016-05-29 12:19:27] limsta08 : liquidation price in fact went up. [2016-05-29 12:19:37] sleger : oh finally they listened and changed the rebalancing to daily... maybe in a few days we will have liquidations based on market price [2016-05-29 12:19:39] asdfman : if I enter 50x, then I enter 50x. [2016-05-29 12:19:45] asdfman : but apparently not [2016-05-29 12:19:48] rapidtrades : no mark when up, not liquidation price [2016-05-29 12:20:12] rapidtrades : cos they add the funding rate to index to aarrive at the mark @limsta08 [2016-05-29 12:20:19] limsta08 : liquidation price went up slightly because I get funding from the settlement. [2016-05-29 12:20:51] rapidtrades : u got 0.25% but the liq price went up by 0.7% @limsta08 [2016-05-29 12:21:17] rapidtrades : also if ur not on cross margin, that amount wouldn't automatically go in the margin for the trade [2016-05-29 12:21:48] rapidtrades : if u check ur wallet, its prolly still there [2016-05-29 12:21:48] limsta08 : yes, and that is why my liquidation price became 534.xx. [2016-05-29 12:21:55] Tetsuo : limsta08: i hope you learned your lesson.Next time. dont fool around with money. U shall not short se bitcoin! [2016-05-29 12:21:55] rapidtrades : ah [2016-05-29 12:22:04] rapidtrades : Tetsuo: dude who the f are u [2016-05-29 12:22:13] rapidtrades : u just got here yday and made 1 lucky trade [2016-05-29 12:22:16] rapidtrades : u pleb [2016-05-29 12:22:21] mrp1nk : kek [2016-05-29 12:22:29] Tetsuo : rapidtrades: hello rapittrades, my name is tetsuo, nice to meet you [2016-05-29 12:22:55] rapidtrades : prancing around like he's the king of the jungle here [2016-05-29 12:23:33] Tetsuo : y u mad? also got short rekt the last days? [2016-05-29 12:24:15] rapidtrades : b1tch i've been long for almost a week now [2016-05-29 12:24:52] Tetsuo : cool story bro [2016-05-29 12:26:15] Yumi : limsta08: it has something to do with your position still being 100x and change to Maintenance Margin to include Funding Rate, I also was 100x in green but somehow after roll my position was just cents from liquidation but I managed to manually add margin to it [2016-05-29 12:30:08] limsta08 : fuck [2016-05-29 12:30:11] limsta08 : Your short position of 2000 XBTUSD contracts has reached its liquidation price of 646.49 and has been liquidated. [2016-05-29 12:30:28] limsta08 : I just got liquidated again at 646.49!! [2016-05-29 12:30:40] limsta08 : serious bug on your system [2016-05-29 12:30:43] Tetsuo : LMAO [2016-05-29 12:30:50] BitMEX_Wally : Are you still on 100x? [2016-05-29 12:30:54] Tetsuo : u just got mexed, happens now and then [2016-05-29 12:31:16] REKT : Liquidated long on `XBTUSD`: Sell 20 @ 529.36 [2016-05-29 12:31:23] limsta08 : Tetsuo shut up! [2016-05-29 12:31:35] Tetsuo : limsta08: stop whinin about 20 [2016-05-29 12:32:42] Tetsuo : limsta08: at least price is going down now, i hope ur still short :-D [2016-05-29 12:32:50] limsta08 : I got liquidated, yet I have wallet balance of 0.7btc, I placed 2000 sell order, and immidiately got liquidated [2016-05-29 12:32:50] chromaticcr1 : this is a troll box. dont take things too aerious.. ... [2016-05-29 12:33:09] limsta08 : at 646.49 [2016-05-29 12:33:22] rapidtrades : thats not right [2016-05-29 12:33:41] Tetsuo : chromaticcr1: thanks, i will consider that next when limsta08 is trollin the hell out of us, almost took him seriously [2016-05-29 12:34:01] Tetsuo : rapidtrades: plz stop trollin [2016-05-29 12:34:04] BitMEX_Wally : The indicative liquidation price displayed is incorrect, because with 100x you have 1% init margin minus 0.50% + 0.70% [2016-05-29 12:34:13] BitMEX_Wally : limsta08: Please email support [2016-05-29 12:34:27] limsta08 : ok [2016-05-29 12:34:29] Tetsuo : limsta08: for further questions please send me an email [2016-05-29 12:35:09] rapidtrades : Tetsuo: can u do me a favor and post here when u blow up? [2016-05-29 12:35:21] rapidtrades : cos ppl like u usually drift away from chat [2016-05-29 12:35:34] rapidtrades : hard to gloat when u can't be sure if that's what happened [2016-05-29 12:35:44] rapidtrades : even tho u know 95% that's what happened [2016-05-29 12:35:48] limsta08 : that you rapidntrades, well said. [2016-05-29 12:35:56] Yumi : well seems like he really did get mexed [2016-05-29 12:37:04] rapidtrades : could be, exchange includes some safety buffer but shouldn't be +$100 obv [2016-05-29 12:37:11] limsta08 : Dear limsta08, Your short position in the contract XBTUSD has reached its liquidation price of ≥ 534.73 and has been taken over by the trading engine. At the time of liquidation, the contract was marked at 530.75 [2016-05-29 12:37:25] limsta08 : This is the liquidation notification email I got btw. [2016-05-29 12:37:28] BitMEX_Wally : Yeah that liquidation price quoted is wrong [2016-05-29 12:37:46] sleger : "with 100x you have 1% init margin minus 0.50% + 0.70%" meaning you have -0.2% ? [2016-05-29 12:37:47] Tetsuo : limsta08: Dear limsta08, please cry me a river [2016-05-29 12:38:02] BitMEX_Wally : sleger: Effectively yes, that's what happened and why the liquidation price quoted is wrong [2016-05-29 12:38:16] rapidtrades : weird [2016-05-29 12:38:54] Tetsuo : mexed [2016-05-29 12:39:06] limsta08 : after liquidation I have wallet balance of 0.71. as soon as I place any order, I get liquidated. [2016-05-29 12:39:16] limsta08 : I am sending the email now. [2016-05-29 12:39:25] rapidtrades : well change ur leverage and stop trading [2016-05-29 12:39:44] sleger : insurance fund was not updated [2016-05-29 12:40:11] rapidtrades : 0 [2016-05-29 12:40:13] limsta08 : no that is not the point, it get liquidated at 646.49. [2016-05-29 12:40:16] rapidtrades : there's ur update [2016-05-29 12:40:17] sleger : i assume so as well [2016-05-29 12:40:24] rapidtrades : :) [2016-05-29 12:41:26] rapidtrades : any way i can calculate my liq price after withdrawal [2016-05-29 12:42:19] Blargwaffle : Probably. [2016-05-29 12:42:33] sleger : no, he sais "i" [2016-05-29 12:42:37] sleger : *said [2016-05-29 12:42:38] rapidtrades : i used okc liq calc but not sure how accurate [2016-05-29 12:42:40] BitMEX_Wally : limsta08: Email support@bitmex.com and we will sort your account out [2016-05-29 12:43:45] rapidtrades : what withdraw fee do u guys usually use [2016-05-29 12:44:38] sleger : BitMEX_Wally: did you realize the insurance fund was depleted because you use a fair price that is too far away from mark price ? Now that you (after some people said so for a while) changed to daily rebalancing, maybe you should also change to mark to market for fair price ? [2016-05-29 12:47:16] rapidtrades : how is it daily rebalancing? i still have unrealised profits [2016-05-29 12:47:54] rapidtrades : oh it starts tomorrow [2016-05-29 12:50:13] rapidtrades : hey what fee to i use? can wait few hrs but don't want it stuck for day plus [2016-05-29 12:51:47] BitMEX_Wally : rapidtrades: Just use the default [2016-05-29 12:51:48] BitMEX_Wally : 0.0005 [2016-05-29 12:52:06] BitMEX_Wally : And it will be confirmed [2016-05-29 12:52:31] rapidtrades : tnx [2016-05-29 12:52:33] shant33 : huuuum my account have been emptied [2016-05-29 12:52:42] shant33 : wtf happenned [2016-05-29 12:52:44] limsta08 : ticket sent it, please take a look at it and get back to me asap. Thanks [2016-05-29 12:53:12] limsta08 : shant33, you might have same problem as I do. [2016-05-29 12:53:58] BitMEX_Wally : shant33: Are you logged on from the right account, I don't see any deposits or trading on your account? [2016-05-29 12:54:09] Tetsuo : pretty mexed up situation [2016-05-29 12:54:10] shant33 : !!! [2016-05-29 12:54:38] sleger : Tetsuo: nah just a bit