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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[2016-05-29 19:32:32] zanza : i think the record
[2016-05-29 19:32:36] Rasign : they noob
[2016-05-29 19:32:39] rapidtrades : oh there were tons of those
[2016-05-29 19:32:47] rapidtrades : 200-300 rekt is norm now
[2016-05-29 19:32:51] arbitrage001 : noob dont have the money for 300k contracts
[2016-05-29 19:33:01] zanza : also 1.5 mil open interest has to be a record
[2016-05-29 19:33:15] rapidtrades : my realizs profit is safe from clawback right
[2016-05-29 19:33:21] sleger : waiting for first 1m rekt
[2016-05-29 19:33:24] Rasign : i'm not a whales and i did 1000% last few days
[2016-05-29 19:33:25] zanza : lol
[2016-05-29 19:33:26] Rasign : high risk high money
[2016-05-29 19:33:34] GingerDan : zanza: I used to trade stocks for a while very stressful indeed. Thats why I like writing algorithms now. Takes emotion out of the trade.
[2016-05-29 19:33:37] sleger : rapidtrades: no it depends when you closed it
[2016-05-29 19:33:46] rapidtrades : ah....
[2016-05-29 19:33:47] zanza : yeah, you have to separate emotion GingerDan
[2016-05-29 19:33:48] rapidtrades : ahhhhhhhhhhhhhhhhhhhhhhh
[2016-05-29 19:34:48] GingerDan : 240k bid @ 560.02 wtf
[2016-05-29 19:34:59] Yumi : if you take Fair Basis Rate from the swap and account for additional premium it trades at above mark price and apply it to Jun and Sep contracts they are greatly undervalued in comparison, unless you believe rally ends soon
[2016-05-29 19:35:01] justinlooking : is tscha still about?
[2016-05-29 19:35:03] Rasign : i don't understand why eth is not dumping
[2016-05-29 19:35:11] rapidtrades : GingerDan: liquidation
[2016-05-29 19:35:25] GingerDan : ahhhhhh
[2016-05-29 19:37:14] rapidtrades : its gone
[2016-05-29 19:37:21] sleger : liq order went 8$ lower ?
[2016-05-29 19:37:29] arbitrage001 : taken by slegar
[2016-05-29 19:37:33] rapidtrades : it was ta 660 last time
[2016-05-29 19:37:51] GingerDan : lol
[2016-05-29 19:37:58] rapidtrades : 560
[2016-05-29 19:41:24] mbaril : the website just close one of my active orders, any idea why ?
[2016-05-29 19:41:39] GingerDan : not enough margin?
[2016-05-29 19:41:40] justinlooking : you mean cancelled?
[2016-05-29 19:41:44] justinlooking : maybe to free up margin
[2016-05-29 19:42:43] mbaril : strange
[2016-05-29 19:42:56] mbaril : anyway save me some trouble I guess :p
[2016-05-29 19:43:51] MrJ1m : if entry is 550 for 1k contrat, how can roe be -1% currently? just a lag? cause bid 558 thats over 1%
[2016-05-29 19:44:30] justinlooking : yeh mark price is ~551
[2016-05-29 19:44:32] Yumi : look at Mark Price
[2016-05-29 19:44:35] MrJ1m : ty
[2016-05-29 19:44:48] MrJ1m : isee
[2016-05-29 19:44:49] GingerDan : yeh it's annoying
[2016-05-29 19:44:58] GingerDan : just look at inside bid
[2016-05-29 19:45:05] justinlooking : free pnl for shorters... itsa tarp
[2016-05-29 19:46:08] GingerDan : if it dips to 550, I might buy again
[2016-05-29 19:46:25] Tetsuo : https://youtu.be/l_R5pXKx1X4?t=13s on most exchanges, get ready to get rekt in every direction :-)
[2016-05-29 19:47:07] justinlooking : oh gosh
[2016-05-29 19:47:27] MrJ1m : why not calculate roe with the highest bid?
[2016-05-29 19:47:58] MrJ1m : or lowest ask depending on direction obv
[2016-05-29 19:48:37] GingerDan : Hey, anyone know who has the best cash withdrawal times, BitStamp or Finex?
[2016-05-29 19:49:24] Tetsuo : Stamp
[2016-05-29 19:50:10] GingerDan : Cheers, I have an account with them both atm incase one of them goes kaboom
[2016-05-29 19:56:01] Rune : bitcoin looks like it's about to trip and fall
[2016-05-29 19:56:13] rapidtrades : so short
[2016-05-29 19:56:52] Rune : I will short you
[2016-05-29 19:57:13] rapidtrades : I shorted ur mama last night
[2016-05-29 19:58:23] rapidtrades : she said and I quote ''You're much bigger then Rune''
[2016-05-29 19:58:40] BTCDJS : ha ha
[2016-05-29 19:59:00] Rune : haha
[2016-05-29 20:02:54] GingerDan : Welcome to the major burns unit, how may I assist you?
[2016-05-29 20:05:02] rapidtrades : :)
[2016-05-29 20:07:16] justinlooking : we gun see moar rekt
[2016-05-29 20:08:43] Tetsuo : same old story, "smart" shorters will provide the needed additional fuel for the final megaspike comin in the next 1-2 days
[2016-05-29 20:10:28] GingerDan : Very strong 550 base
[2016-05-29 20:11:23] BTCDJS : that 1D chart is cray
[2016-05-29 20:11:26] Tetsuo : Arise chickun arise!
[2016-05-29 20:11:55] rapidtrades : nice base around 600 on quaterly tho
[2016-05-29 20:12:07] rapidtrades : too*
[2016-05-29 20:19:09] Rune : and it tripped
[2016-05-29 20:19:14] sleger : lol guys
[2016-05-29 20:19:34] Rune : good short
[2016-05-29 20:19:45] GingerDan : Its testing last high
[2016-05-29 20:19:47] GingerDan : Right?
[2016-05-29 20:19:53] GingerDan : pls be right
[2016-05-29 20:22:01] rapidtrades : yeah i shorted that quarterly again.....re-entering my stopped short from yday
[2016-05-29 20:22:19] rapidtrades : still very net long tho
[2016-05-29 20:23:28] sleger : 12 min ago "Very strong 550 base"
[2016-05-29 20:23:32] GingerDan : I missed that 550 buy oportunity, will I regret it. Lets see :P
[2016-05-29 20:23:43] Rune : no you wont
[2016-05-29 20:23:45] ggwp : time to rek the longs
[2016-05-29 20:23:51] Rune : down
[2016-05-29 20:24:02] ggwp : exit pump over
[2016-05-29 20:25:53] GingerDan : hmmm I disagree. For now...
[2016-05-29 20:30:17] Tetsuo : Last shakeout before the spike to 650$
[2016-05-29 20:30:49] BTCDJS : damn. stop got filled. I'm out
[2016-05-29 20:31:10] GingerDan : it'll be about another 16 hours until that @Tetsuo
[2016-05-29 20:31:21] GingerDan : be patient :)
[2016-05-29 20:32:21] Rune : where going down down baby
[2016-05-29 20:32:31] Rune : lol
[2016-05-29 20:32:31] rapidtrades : sharp reversal on quaterly okc...could be done for a few days
[2016-05-29 20:32:47] Rune : your chnace to buy at 550 is almost here do you even still want it
[2016-05-29 20:32:54] rapidtrades : we gone up too fast
[2016-05-29 20:33:35] zanza : the Sept futures are much lower than I would expect
[2016-05-29 20:33:51] BTCDJS : rapidtrades: Ah that makes me feel better then
[2016-05-29 20:34:12] rapidtrades : BTCDJS: still keeping my longs but PA looks shitty atm
[2016-05-29 20:34:16] Rune : they where 600 just yesterday
[2016-05-29 20:34:25] BTCDJS : Ill call it a night. check in again tomorrow
[2016-05-29 20:35:30] GingerDan : Night
[2016-05-29 20:35:38] GingerDan : Rune: Tempted
[2016-05-29 20:35:50] rapidtrades : BTCDJS: night
[2016-05-29 20:36:00] BTCDJS : later dudes
[2016-05-29 20:40:49] dorothy490 : prepare for REKTZ
[2016-05-29 20:41:30] Rune : back to 520?
[2016-05-29 20:41:56] sleger : give up that 10+$ premium on swap guys
[2016-05-29 20:44:53] Rune : the premium during pumps is annoying
[2016-05-29 20:45:29] GingerDan : RSI is telling me to buy
[2016-05-29 20:45:52] mrp1nk : guess more up
[2016-05-29 20:50:08] aethlios : anyone can explain what will be the entry price for the next 24hours at 12 gmt when the rebalance will occur? Spot + funding rate? something else?
[2016-05-29 20:50:20] mrp1nk : the mark price is so heavily missalligned... hard to not get liquidated here
[2016-05-29 20:51:20] justinlooking : only if ur yolo'ing
[2016-05-29 20:51:29] rapidtrades : does the wallet balance included unrealised profit or just realised
[2016-05-29 20:51:45] aethlios : rapidtrades: only realised
[2016-05-29 20:51:54] rapidtrades : tnx
[2016-05-29 20:52:07] rapidtrades : support can we have a net balance like on other sites
[2016-05-29 20:52:20] aethlios : rapidtrades: when rebalance occurs, unrealized becomes realized and shown to balance.
[2016-05-29 20:52:30] rapidtrades : so we don't have to whip out the old calc every time i want to know how much monies i have?
[2016-05-29 20:52:50] rapidtrades : either USD or BTC would be ok....perfererd USD but btc is ok too
[2016-05-29 20:52:51] sleger : just do wallet +unrealized
[2016-05-29 20:52:54] aethlios : rapidtrades: subtract unrealized from balance
[2016-05-29 20:53:11] justinlooking : or use margin balance
[2016-05-29 20:53:11] rapidtrades : sleger: dudes that's like 3 extra calcs...why
[2016-05-29 20:53:15] rapidtrades : are we savages
[2016-05-29 20:53:18] rapidtrades : orMEN
[2016-05-29 20:53:19] sleger : aethlios: not substract
[2016-05-29 20:53:31] mrp1nk : you open a position on 25x and you ROW is -36% even if the order book price is 6 $ above your entry price? this is not yolo'ing @justinlooking
[2016-05-29 20:53:38] mrp1nk : ROW
[2016-05-29 20:53:41] mrp1nk : ROE
[2016-05-29 20:53:41] j8 : rapidtrades: Margin Balance on advanced margin mode in advanced view
[2016-05-29 20:53:42] mrp1nk : fuck
[2016-05-29 20:53:47] aethlios : sleger: if loss subtract, if profit add
[2016-05-29 20:54:00] sleger : there you go
[2016-05-29 20:54:56] aethlios : sleger: can answer this: anyone can explain what will be the entry price for the next 24hours at 12 gmt when the rebalance will occur? Spot + funding rate? something else?
[2016-05-29 20:55:18] aethlios : sleger: I want to be sure because I am in a large short arb position
[2016-05-29 20:55:50] sleger : aethlios: i think fair price at the time
[2016-05-29 20:56:00] sleger : fair = marking btw
[2016-05-29 20:56:17] sleger : which as you said is spot+funding
[2016-05-29 20:56:54] aethlios : sleger: so the contract will loss the premium at rebalance and after it will jump again?
[2016-05-29 20:57:23] sleger : nothing will happen to the contract, it's just a rebalance of pnl/entry price
[2016-05-29 20:57:50] sleger : the contract itself is just the market it does what it wants and will probably not lose the premium
[2016-05-29 20:58:46] supermine : "Order could not be submitted. Exchange suspended" ??
[2016-05-29 20:59:31] Rune : exchange suspended
[2016-05-29 20:59:35] Rune : what is going on
[2016-05-29 21:00:56] lockhedge : working again
[2016-05-29 21:01:01] rapidtrades : sleger: hey when does us market open
[2016-05-29 21:01:08] rapidtrades : cos of the holiday and shit
[2016-05-29 21:01:09] rapidtrades : sp500
[2016-05-29 21:01:13] GingerDan : lag in the market
[2016-05-29 21:02:15] sleger : 9.30am est time tuesday
[2016-05-29 21:02:16] justinlooking : rapid: futures specs are here: http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_contract_specifications.html
[2016-05-29 21:03:16] mrp1nk : how to use a stop limit these days on bitmex?
[2016-05-29 21:03:57] rapidtrades : sleger: WHAT
[2016-05-29 21:04:06] rapidtrades : how am i suppose to long then
[2016-05-29 21:04:28] sleger : futures might be open
[2016-05-29 21:05:44] BitMEX_Wally : The exchange was briefly suspended due to suspicious blockchain data, sorry for the disruption
[2016-05-29 21:06:10] rapidtrades : CNY opened little changed
[2016-05-29 21:06:19] rapidtrades : looks like no devaluation this time
[2016-05-29 21:06:44] rapidtrades : just china being stupid again
[2016-05-29 21:06:47] j8 : awesome
[2016-05-29 21:07:13] mrp1nk : why
[2016-05-29 21:07:20] j8 : fixing is still a few hours away though right?
[2016-05-29 21:07:23] aethlios : BitMEX_Wally: Hi, please can you tell me what will be the entry price after the rebalance happens to swap xbtusd?
[2016-05-29 21:07:32] rapidtrades : j8: yes 4
[2016-05-29 21:08:25] BitMEX_Wally : The entry price for the purposes of unrealisedPNL will be the `.XBTUSD` index price at 12:00 UTC
[2016-05-29 21:08:48] rapidtrades : BitMEX_Wally: did u talk with arthur about the rates problem
[2016-05-29 21:09:34] BitMEX_Wally : We're discussing internally
[2016-05-29 21:09:47] rapidtrades : tnx let us know if there are changes
[2016-05-29 21:12:00] zanza : whats the problem rapidtrades?
[2016-05-29 21:15:36] Rune : goodbye btc
[2016-05-29 21:16:47] REKT : Liquidated long on `XBTUSD`: Sell 66142 @ 534.07 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-05-29 21:16:51] rapidtrades : zanza: 0.7% is the problem
[2016-05-29 21:18:39] justinlooking : dafuq happened there
[2016-05-29 21:19:08] GingerDan : people decided enough is enough :p
[2016-05-29 21:19:30] justinlooking : yeh, meanwhile 3860 again
[2016-05-29 21:19:32] rapidtrades : no devaluation, time to dump longs? idk
[2016-05-29 21:19:38] justinlooking : oh wait. tradeblock gone fukky
[2016-05-29 21:19:41] rapidtrades : china's weird
[2016-05-29 21:19:58] GingerDan : I'm currently out
[2016-05-29 21:20:18] BitMEX_Wally : We use the Kaiko index
[2016-05-29 21:20:27] BitMEX_Wally : https://www.kaiko.com/bitmex
[2016-05-29 21:20:41] GingerDan : Do I add my withheld proffit to my wallet ballence, or is it included?
[2016-05-29 21:21:12] BitMEX_Wally : It's already included
[2016-05-29 21:21:18] GingerDan : thanks
[2016-05-29 21:22:41] Rune : and thats the end of this pump
[2016-05-29 21:22:55] Rune : please remove the silly premium now
[2016-05-29 21:22:56] micmix : thanks for playing :smile:
[2016-05-29 21:25:02] REKT : Liquidated long on `XBTM16`: Sell 6147 @ 571.33
[2016-05-29 21:25:16] Rune : rekt time guys lets see them
[2016-05-29 21:26:31] rapidtrades : this is stupid...usd market should chill the f out
[2016-05-29 21:26:37] rapidtrades : f bots trade like morans
[2016-05-29 21:26:38] wingman : manipulated price here?
[2016-05-29 21:26:47] wingman : it should be 530usd already
[2016-05-29 21:26:48] GingerDan : Rune: You were right :) I don't regret it
[2016-05-29 21:27:07] rapidtrades : we're still below china
[2016-05-29 21:27:14] Rune : lol
[2016-05-29 21:27:26] Rune : meanwhile I bought eth pretty low
[2016-05-29 21:27:38] rapidtrades : over $30 below china...seling is dumb
[2016-05-29 21:28:01] rapidtrades : *proportionally selling just cos china's crashing is dumb
[2016-05-29 21:28:19] GingerDan : Rune: What kind of time scale do you trade on?
[2016-05-29 21:28:34] rapidtrades : daily and up
[2016-05-29 21:28:37] Rune : I trade super short term
[2016-05-29 21:28:38] rapidtrades : oh sry
[2016-05-29 21:28:41] messiaen8844 : eth
[2016-05-29 21:28:47] rapidtrades : thought u asked me
[2016-05-29 21:29:09] messiaen8844 : diamond reversal on eth nice
[2016-05-29 21:29:53] Rune : we still have a premium
[2016-05-29 21:30:17] rapidtrades : ppl need to relax and see what price they're selling at...they're just sympathy dumping
[2016-05-29 21:30:59] micmix : a bit of dumping doesn't hurt, my bot has to close $550 short
[2016-05-29 21:31:01] sleger : the swap is worth selling with 10$ premium still
[2016-05-29 21:31:37] rapidtrades : yes if u can hedge it :)
[2016-05-29 21:34:46] Rune : did we stop?
[2016-05-29 21:35:01] Rune : think the panic might be over
[2016-05-29 21:36:00] GingerDan : the 5 min was waaay oversold
[2016-05-29 21:38:01] Rune : think we will go back up to a 550 ceiling and stay around that area
[2016-05-29 21:38:07] rapidtrades : glad i trade the daily in times like these...ppl are nuts
[2016-05-29 21:38:27] rapidtrades : i would be angry all the time :)
[2016-05-29 21:38:47] Rune : in really crazy fluctuating prices like this I just try to scalp
[2016-05-29 21:39:14] GingerDan : You can make more, trading all the intraday swings, but yes. It's much more stressfull
[2016-05-29 21:39:33] rapidtrades : is index laggy or what
[2016-05-29 21:39:36] rapidtrades : finex at 531
[2016-05-29 21:40:18] rapidtrades : GingerDan: very few ppl can trade intra-day
[2016-05-29 21:40:44] rapidtrades : i gave it more then a few shots before giving up that dream :)
[2016-05-29 21:40:59] Rune : ive had time where I buy and go to the bathroom and come back to a missing bitcoin
[2016-05-29 21:41:09] Rune : becuse some crazy drop
[2016-05-29 21:41:12] Rune : lol
[2016-05-29 21:41:25] GingerDan : lol
[2016-05-29 21:41:46] justinlooking : so where next?
[2016-05-29 21:41:57] rapidtrades : we;re done prolly
[2016-05-29 21:42:14] rapidtrades : everyone had their fun, longs and shorts
[2016-05-29 21:42:16] justinlooking : ^^ for once i agree with u
[2016-05-29 21:42:47] zanza : my bot has to close m 570 shorts
[2016-05-29 21:42:55] zanza : -micmix
[2016-05-29 21:43:44] rapidtrades : micmix: like that
[2016-05-29 21:44:20] rapidtrades : still don't get why index at 528...isnt it over 50% bifinex
[2016-05-29 21:45:26] lockhedge : rapidtrades: weighting is capped at max. 50% per exchange
[2016-05-29 21:45:26] REKT : Liquidated long on `XBTM16`: Sell 75 @ 558.17
[2016-05-29 21:45:28] zanza : .7% is too high?
[2016-05-29 21:45:32] zanza : what does finex have?
[2016-05-29 21:45:45] zanza : seems like it would balance out
[2016-05-29 21:45:49] wingman : who got rekt?
[2016-05-29 21:45:59] zanza : micmix bot
[2016-05-29 21:46:21] justinlooking : i got unrekt from yesterday
[2016-05-29 21:46:55] mrp1nk : is it easier not on okc?
[2016-05-29 21:46:56] rapidtrades : zanza: finex is 0.2% tops
[2016-05-29 21:47:58] zanza : is finex ever negative?
[2016-05-29 21:48:07] zanza : seems like it would balance out
[2016-05-29 21:48:55] zanza : i still dont really understand why you need interested for a futures contract
[2016-05-29 21:49:05] zanza : interest
[2016-05-29 21:49:13] zanza : i suppose there is some good reason
[2016-05-29 21:49:22] rapidtrades : they think premium could do to infintity cos it never settles
[2016-05-29 21:49:48] zanza : so someone could manipulate the markets
[2016-05-29 21:50:09] rapidtrades : idk...guess it makes sense
[2016-05-29 21:50:16] mrp1nk : how not to get mexed with this marking price?
[2016-05-29 21:50:29] zanza : mexed? lol
[2016-05-29 21:50:48] mrp1nk : i got rekt on 25x
[2016-05-29 21:50:56] mrp1nk : never happened to me before
[2016-05-29 21:51:16] micmix : zanza: my bot can't get rekt. I actually doubled my balance on the MM account in the last couple weeks :smile:
[2016-05-29 21:51:19] GingerDan : thats not that suprising
[2016-05-29 21:51:28] aethlios : let them manipulate the premium and pay every day interest!!
[2016-05-29 21:51:53] zanza : micmix: we all did sure
[2016-05-29 21:52:15] mrp1nk : how to ensure that a lot of users like me do not ragequit and go to okcoi n?
[2016-05-29 21:53:04] GingerDan : mrp1nk: what time scale are you trading at to use 25x leverage?
[2016-05-29 21:54:28] mrp1nk : what do you mean?
[2016-05-29 21:54:37] rapidtrades : just waiting for okc to reopen lendind
[2016-05-29 21:55:09] GingerDan : If you're at 25x leverage, how long do you expect to hold those contracts?
[2016-05-29 21:55:25] GingerDan : because 25x is alot
[2016-05-29 21:55:26] mrp1nk : depends, hours maybe
[2016-05-29 21:55:56] mrp1nk : 25x is quite low. i used to trade 35-50 usually
[2016-05-29 21:56:26] GingerDan : Not with the current volatility though, surely?
[2016-05-29 21:56:56] rapidtrades : isn't 25x $15 move and ur out
[2016-05-29 21:57:33] mrp1nk : not talking about that big drop
[2016-05-29 21:58:42] mrp1nk : imo it is the missalignment between the order book prices and the mark price
[2016-05-29 21:59:32] rapidtrades : $15 is too little room brah
[2016-05-29 21:59:41] rapidtrades : yday i got sniped on a $35 spike
[2016-05-29 21:59:47] rapidtrades : in 3 mins
[2016-05-29 22:00:00] rapidtrades : today saw few more of those on quaterly
[2016-05-29 22:02:11] mrp1nk : i mean if you open a long right here you are basically 10 $ under water. not even talked about how hard it is to place stops...
[2016-05-29 22:02:28] mrp1nk : seems like cross margin or gtfo
[2016-05-29 22:02:39] micmix : I don't know how you guys can trade with such high leverage. but like sleger says I will take your money
[2016-05-29 22:05:43] mrp1nk : just saying the current situation is shitty
[2016-05-29 22:08:21] REKT : Liquidated long on `XBTM16`: Sell 1496 @ 549.88
[2016-05-29 22:08:44] sleger : yeah
[2016-05-29 22:09:17] REKT : Liquidated long on `XBTM16`: Sell 500 @ 547.53
[2016-05-29 22:16:15] rapidtrades : can i open 2 bitfinex account...is it againt their tos
[2016-05-29 22:17:02] mrp1nk : can we get the 24h and 7d contract back?
[2016-05-29 22:17:04] sleger : like you'd care
[2016-05-29 22:17:10] sleger : was for rapid
[2016-05-29 22:17:33] Rune : whats wrong with perp swap?
[2016-05-29 22:18:23] mrp1nk : funding rate too high
[2016-05-29 22:18:36] rapidtrades : if i get liquidated on finex do i lose all my monies?
[2016-05-29 22:18:51] rapidtrades : liq price seems very higher compared to how much $$$ i have
[2016-05-29 22:19:39] Rune : all in with high leverage on btc long
[2016-05-29 22:19:42] sleger : no i think you get back whatever they saved
[2016-05-29 22:19:44] Rune : calling a up swing here
[2016-05-29 22:19:49] sleger : Rune: how high ?
[2016-05-29 22:19:54] sleger : the leverage
[2016-05-29 22:20:04] Rune : 35x
[2016-05-29 22:20:08] Rune : 50 it wont let
[2016-05-29 22:22:47] wurstgelee : premium too much
[2016-05-29 22:22:54] wurstgelee : u would get instarekt on 50x
[2016-05-29 22:23:02] wurstgelee : if u buy at current market prices
[2016-05-29 22:23:03] lockhedge : longs will be liquidated $10 above the market price against the order book now, we might even see a discount today
[2016-05-29 22:23:08] Rune : ppl are so bullish the premium is crazy
[2016-05-29 22:23:13] Rune : even after this
[2016-05-29 22:23:19] wurstgelee : its madness, yes ;)
[2016-05-29 22:23:25] Rune : still a huge premium
[2016-05-29 22:23:44] mrp1nk : untradable it is
[2016-05-29 22:23:57] Rune : so far so good slowly going up
[2016-05-29 22:24:06] Rune : when I said all in i mean all in
[2016-05-29 22:25:00] j8 : it's not supposed to trade at a premium, the fact that you get less leverage to go long is intentional to stop you from buying :)
[2016-05-29 22:25:46] mrp1nk : we should stop buying?
[2016-05-29 22:26:20] j8 : well, you can't buy as much with the same balance anyway
[2016-05-29 22:26:39] wurstgelee : is the rekt bot gone?
[2016-05-29 22:29:41] GingerDan : You out Rune?
[2016-05-29 22:29:56] Rune : I jump back out taking longer then I thought
[2016-05-29 22:30:09] Rune : making me nervous
[2016-05-29 22:30:46] GingerDan : yeh, I think it was just another pullback in the downward trend
[2016-05-29 22:31:04] GingerDan : not the big one yet.
[2016-05-29 22:31:36] Rune : I am not sure I agree but to stay safe im just gonna observe for now
[2016-05-29 22:31:56] rapidtrades : yeah we're done for today
[2016-05-29 22:33:56] krach : Mark pie more than 10$ from ticker
[2016-05-29 22:34:02] krach : mark price
[2016-05-29 22:34:11] krach : 523 - ticker 536
[2016-05-29 22:34:15] Rune : fuck
[2016-05-29 22:34:20] GingerDan : krach: yup. it sucks
[2016-05-29 22:34:29] Rune : lol ok the website chnages my swear words
[2016-05-29 22:34:33] krach : so you just have to figure out your own pl
[2016-05-29 22:34:34] Rune : looks up
[2016-05-29 22:34:49] Rune : buying back in
[2016-05-29 22:35:00] Rune : bit expencive but looks up!
[2016-05-29 22:35:21] rapidtrades : did some great arbing/hedging today...hope it doesn't go to my head :)
[2016-05-29 22:36:21] Rune : damn I was right the first time I should have trusted my gut
[2016-05-29 22:36:46] sleger : seems like somewhat wont last long around here
[2016-05-29 22:37:13] Rune : oh no I hope I did not over do it
[2016-05-29 22:37:21] mrp1nk : anyone trading on okc? how is the situation over there? have they working stops?
[2016-05-29 22:37:46] rapidtrades : yes
[2016-05-29 22:38:13] mrp1nk : is the mark price and the ticker price alligned?
[2016-05-29 22:38:27] rapidtrades : yea
[2016-05-29 22:38:51] rapidtrades : its marked to market i think
[2016-05-29 22:38:59] rapidtrades : but weekly is at $11 premium :)
[2016-05-29 22:39:01] sleger : yes it is
[2016-05-29 22:41:19] mrp1nk : why should i stay here?
[2016-05-29 22:41:40] rapidtrades : no cny component
[2016-05-29 22:41:57] rapidtrades : leverage can be useful
[2016-05-29 22:42:05] GingerDan : Rune: looking good. Target 540, or you want more?
[2016-05-29 22:42:14] rapidtrades : u should have account at most places if ur srs about this tho
[2016-05-29 22:42:31] rapidtrades : its not either okc or bitmex
[2016-05-29 22:42:32] Rune : I will sell at 540ish
[2016-05-29 22:42:53] mrp1nk : well, i was happy here so far
[2016-05-29 22:43:37] Rune : oh I mean 540 stamp level with premium 550?
[2016-05-29 22:44:00] Rune : 540 bitfinex level*
[2016-05-29 22:45:22] GingerDan : lol, Stamp level - I was like shiiieeeet
[2016-05-29 22:45:30] Rune : haha
[2016-05-29 22:45:49] Rune : why is that site so far behind is it not possible to get dollars in?
[2016-05-29 22:46:50] mrp1nk : lol
[2016-05-29 22:47:33] Rune : I never use bitstamp
[2016-05-29 22:49:31] GingerDan : I bought my first bitcoin on stamp
[2016-05-29 22:49:42] GingerDan : but now I have acc with finex too
[2016-05-29 22:50:35] Rune : damn
[2016-05-29 22:51:30] Rune : price on exchnage is higher then before but the premium here is getting smaller
[2016-05-29 22:51:36] GingerDan : be careful. there is some huge sell walls at 529 & 530 on finex. Don't know it they are fake or not
[2016-05-29 22:54:22] sleger : there is only 600btc to 530
[2016-05-29 22:54:34] Rune : ok screw this it was a bad idea lol
[2016-05-29 22:54:41] GingerDan : lol
[2016-05-29 22:56:39] Rune : setting a buy with low leverage at 516 and taking a nap
[2016-05-29 22:59:37] krach : ok this is fucking stupid
[2016-05-29 22:59:45] krach : liquidated, but ticker wasnt that low
[2016-05-29 23:00:08] sleger : its stupid but thats how it is
[2016-05-29 23:00:11] sleger : ticker is mark price
[2016-05-29 23:00:13] sleger : its 520 now
[2016-05-29 23:00:27] krach : how can you manupulate the mark price
[2016-05-29 23:00:50] sleger : you'd have to be an admin for that
[2016-05-29 23:00:53] krach : how is the mark price created
[2016-05-29 23:01:07] sleger : oh boy same questions over again
[2016-05-29 23:01:13] sleger : so here it goes :
[2016-05-29 23:01:32] sleger : first there was the big bang, then god made up stupid people who trade without understanding how things work
[2016-05-29 23:03:46] krach : yea then there was the big bang with a UI that doesnt have teh -xbt index on the front page
[2016-05-29 23:04:08] sleger : I see it twice on mine
[2016-05-29 23:04:46] sleger : on the banner on top and in the middle of the order book (if you select single columns mode)
[2016-05-29 23:07:12] krach : I see it the pur
[2016-05-29 23:07:19] krach : purple line
[2016-05-29 23:08:30] sleger : maybe i dont look at charts
[2016-05-29 23:13:26] rapidtrades : sleger: what do u think about the high premium here
[2016-05-29 23:14:58] sleger : no comment
[2016-05-29 23:15:18] rapidtrades : u shifty jew :)
[2016-05-29 23:16:25] mrp1nk : sleger: you will comment if your pigs run away
[2016-05-29 23:16:45] mrp1nk : *when
[2016-05-29 23:18:21] sleger : what ?
[2016-05-29 23:18:57] mrp1nk : i mean you will bother if users stop using this exchange. sorry for my shitty english
[2016-05-29 23:19:25] sleger : i do not own shares in it
[2016-05-29 23:20:23] rapidtrades : do we all agree that marking price is dumb
[2016-05-29 23:21:04] mrp1nk : it's retarded
[2016-05-29 23:21:34] zanza : mrp1nk: they will refund any losing trades here for you
[2016-05-29 23:21:39] zanza : thats why this is the best trading site
[2016-05-29 23:21:49] zanza : free pony also
[2016-05-29 23:23:36] mrp1nk : u joking?
[2016-05-29 23:23:59] rapidtrades : sleger: what do u think using the mark price on swap for margin/liqs
[2016-05-29 23:24:09] rapidtrades : forgot this >about
[2016-05-29 23:24:17] rapidtrades : u know where it goes
[2016-05-29 23:24:24] rapidtrades : (up ur ass)
[2016-05-29 23:24:33] rapidtrades : j/k :)
[2016-05-29 23:24:44] sleger : i have said few times what i think about mark price for swap
[2016-05-29 23:25:02] sleger : just like when they introduced it i said it was stupid to do weekly rebalancing they had to to daily
[2016-05-29 23:25:09] sleger : and they are changing it now
[2016-05-29 23:25:39] rapidtrades : they're finally seeing ur wisdom
[2016-05-29 23:29:13] sleger : i wasnt the only one, i think j8 was the first to say that too
[2016-05-29 23:29:23] hiddensphinx : Article about Bitmex on Bloomberg today
[2016-05-29 23:29:41] rapidtrades : sleger: yeah but let's be real, noone listens to j8
[2016-05-29 23:30:09] sleger : he is pretty nice to everyone though and smart
[2016-05-29 23:30:41] sleger : btw, did habibibibi get rekt, havent heard him in a while (not that i'm complaining...)
[2016-05-29 23:30:54] IChTj4OeMavRq6qeIyEb : lol
[2016-05-29 23:32:03] rapidtrades : sleger: habibi's nice too
[2016-05-29 23:32:39] sleger : yes, exactly
[2016-05-29 23:33:50] rapidtrades : not very smart tho
[2016-05-29 23:35:58] rapidtrades : just messing around, don't hate me j8/habibi :)
[2016-05-29 23:41:02] IChTj4OeMavRq6qeIyEb : I'm not quite used to this new perpetual swap yet. I liked the contracts priced in BTC for going long. Is there a way to effectively get the same behavior?
[2016-05-29 23:42:36] sleger : buy
[2016-05-29 23:51:04] IChTj4OeMavRq6qeIyEb : sleger: You mean add to the position as the price goes up? Before, 1000 contracts at 500 was worth 5 BTC, 1000 contracts at 1000 was worth 10 BTC. Now, 2500 contracts at 500 is worth 5 BTC, 2500 contracts at 1000 is worth 2.5 BTC. Same initial value, but the old contracts would earn 100% and the new ones earn 50%. How do you even come out ahead on a new 2500 contract long in BTC terms when the BTC value decreases as the price goes up? I must be missing something
[2016-05-29 23:51:48] IChTj4OeMavRq6qeIyEb : *when the BTC value per contract decreases as the price goes up?
[2016-05-29 23:51:59] micmix : it's an inverse contract, value in USD is contact
[2016-05-29 23:52:09] micmix : * constant
[2016-05-29 23:52:59] sleger : IChTj4OeMavRq6qeIyEb: if you want to replicate the previous contract yes you have to add if goes up/remove if goes down
[2016-05-29 23:53:08] micmix : stupid autocorrect
[2016-05-29 23:53:42] micmix : yep, what sleger said. you'll have to buy/sell if you want to keep BTC value constant
[2016-05-29 23:55:34] micmix : anyone remember what was the max premium over mark price today? over $20?
[2016-05-29 23:55:47] IChTj4OeMavRq6qeIyEb : Ok, that makes sense, thanks. I still can't wrap my head around how you can make BTC by going long with a constant number of contracts when BTC value per contract decreases as price increases.
[2016-05-29 23:56:00] IChTj4OeMavRq6qeIyEb : micmix: Something ridiculous like that
[2016-05-29 23:56:55] sleger : IChTj4OeMavRq6qeIyEb: you put btc as collateral
[2016-05-29 23:57:02] sleger : if you're right you make btc so thats it
[2016-05-29 23:59:11] robborden : anyone know if the symbol formerly known as XBT/24H is now XBT/USD?
[2016-05-29 23:59:48] IChTj4OeMavRq6qeIyEb : robborden: Nope it's totally different now. XBTUSD doesn't settle every 24 hours and the contracts are different. Still trying to sort it out myself
[2016-05-29 23:59:51] sleger : there never was "XBT/24H"
[2016-05-30 00:00:14] IChTj4OeMavRq6qeIyEb : sleger: I think he meant XBT24H, which did exist
[2016-05-30 00:00:21] BitMEX_Arthur : robborden: XBT24H does not exist anymore, for high leverage Bitcoin trading please trade XBTUSD
[2016-05-30 00:00:21] robborden : well, maybe not officially, that's what we call it on Coinigy though
[2016-05-30 00:00:38] sleger : yes "XBT24H" did exist @IChTj4OeMavRq6qeIyEb
[2016-05-30 00:00:51] lockhedge : micmix: we went to 558 in the november bubble, bitfinex to 504, so yes more than $20 ;)
[2016-05-30 00:00:56] robborden : no worries, we just had a user complain that XBT24H was "offline" and I wanted to know what to tell them
[2016-05-30 00:01:05] robborden : thanks for the info Arthur
[2016-05-30 00:01:40] IChTj4OeMavRq6qeIyEb : I'm still confused as to how one can make BTC going long on XBTUSD contracts as BTC price increases when they have a constant USD value.
[2016-05-30 00:02:03] micmix : lockhedge: yeah, I remember $50+ on XBT24H, I was talking about the new swap
[2016-05-30 00:02:12] IChTj4OeMavRq6qeIyEb : Even the calculator shows that the exit value is less than the entry value
[2016-05-30 00:02:41] IChTj4OeMavRq6qeIyEb : Actually both are negative, so I'm more confused haha
[2016-05-30 00:02:51] micmix : lockhedge: btw, how is your MM doing on the swap?
[2016-05-30 00:04:00] robborden : Arthur: is it appropriate to backfill XBTUSD data from XBT24H?
[2016-05-30 00:04:17] robborden : or is the pricing different because it's a totally different instrument?
[2016-05-30 00:06:11] BitMEX_Arthur : robborden: The pricing is different but we backfilled the data already so you can pull data from XBTUSD and it will have XBT24H data
[2016-05-30 00:08:58] robborden : Alright. We keep our own data format so we will backfill ours as well. Thanks again.
[2016-05-30 00:09:00] IChTj4OeMavRq6qeIyEb : BitMEX_Arthur: Where can I find a good explanation of XBTUSD position value? I'm confused about how contracts lose XBT value as the XBT price increases.
[2016-05-30 00:09:45] BitMEX_Arthur : https://blog.bitmex.com/xbt-vs-xbu-chain/
[2016-05-30 00:09:48] lockhedge : micmix: made a very tiny profit, would made a loss without the rebate but had more than 4% market share yesterday
[2016-05-30 00:10:20] BitMEX_Arthur : IChTj4OeMavRq6qeIyEb: Please read that
[2016-05-30 00:10:24] BitMEX_Arthur : It will help explain
[2016-05-30 00:11:03] IChTj4OeMavRq6qeIyEb : BitMEX_Arthur: Thank you, I'll look through it
[2016-05-30 00:11:08] micmix : lockhedge: yeah, such pumps are hard for market-neutral MMs
[2016-05-30 00:11:27] micmix : is that how you call your MM? :-)
[2016-05-30 00:14:17] lockhedge : micmix: yes, or non-directional. usually losing money during the jump and making a lot of volume on both sides in the post jump period, when other market makers are still directional. has your bot been quoting XBTUSD all the time during the pump?
[2016-05-30 00:17:28] micmix : lockhedge: yeah, was never out, did lot of volume.
[2016-05-30 00:17:49] IChTj4OeMavRq6qeIyEb : BitMEX_Arthur: This line cleared things up quite a bit. "Because XBU is an inverse contract, when you buy 10 contracts you are actually short USDXBT – not long XBTUSD"
[2016-05-30 00:19:59] BitMEX_Arthur : yes that is correct
[2016-05-30 00:20:30] BitMEX_Arthur : we tried listing a USDXBT contract, but no one wants to view the price in that mannor
[2016-05-30 00:23:01] IChTj4OeMavRq6qeIyEb : BitMEX_Arthur: That makes sense. Thank you
[2016-05-30 00:40:10] daoist : https://www.tradingview.com/chart/LSKBTC/N2KhcaGk-Lisk-Turning-Point/
[2016-05-30 00:55:31] midiev : Mark price is 10 usd below spot, why?
[2016-05-30 00:59:28] chromaticcr1 : coz you arent selling
[2016-05-30 00:59:48] chromaticcr1 : and people fomo hard
[2016-05-30 01:00:52] chromaticcr1 : midiev: you may also want to price in the interest rate that you hv to pay in 11 hrs
[2016-05-30 01:06:16] rapidtrades : 0.7%?
[2016-05-30 01:06:18] IChTj4OeMavRq6qeIyEb : BitMEX_Arthur: Actual XBTUSD price doesn't necessarily have to converge to the mark price, does it?
[2016-05-30 01:06:38] rapidtrades : 0.7%????????????
[2016-05-30 01:06:42] rapidtrades : do my eyes deceive me? what is this highway robbery?
[2016-05-30 01:08:14] IChTj4OeMavRq6qeIyEb : rapidtrades: It's the 24 hour TWAP of the Bitfinex USD lending rate. https://www.bitmex.com/app/index/.USDBON24H
[2016-05-30 01:08:36] rapidtrades : no shit
[2016-05-30 01:09:11] IChTj4OeMavRq6qeIyEb : I guess the question is whether it's robbery if you agree to it ;)
[2016-05-30 01:09:58] rapidtrades : okc lending still frozen
[2016-05-30 01:10:12] IChTj4OeMavRq6qeIyEb : Also this may interest you: https://blog.bitmex.com/earning-interest-income-on-xbtusd-with-minimised-risk/
[2016-05-30 01:10:41] chromaticcr1 : http://prnt.sc/ba0dz1
[2016-05-30 01:10:42] rapidtrades : it doesn't
[2016-05-30 01:10:50] IChTj4OeMavRq6qeIyEb : Obviously the rate is unlikely to be .7% for a long time, but that's 255.5% per year
[2016-05-30 01:11:48] IChTj4OeMavRq6qeIyEb : rapidtrades: Rough day?
[2016-05-30 01:11:51] chromaticcr1 : and the premium gotta drop somehow 10$+ 534*0.7%... what fun
[2016-05-30 01:13:26] IChTj4OeMavRq6qeIyEb : chromaticcr1: Where did the 534 come from? It's 0.7% of USD value. If you're short 1000 XBTUSD contracts in 11 hours, you make $7.
[2016-05-30 01:14:05] IChTj4OeMavRq6qeIyEb : brb
[2016-05-30 01:58:27] rapidtrades : frozen
[2016-05-30 01:59:33] Mangalica : why did they freeze it? what were the rates?
[2016-05-30 02:00:59] IChTj4OeMavRq6qeIyEb : rapidtrades: You're talking about OKC not BFX or BMEX, right?
[2016-05-30 02:01:37] Mangalica : he is
[2016-05-30 02:01:39] BitMEX_Wally : The 0.7% funding rate comes from Bitfinex: https://www.bitmex.com/app/index/.USDBON24H
[2016-05-30 02:06:52] micmix : BitMEX_Wally: we'll get daily rebalance today, right?
[2016-05-30 02:07:00] sleger : BitMEX_Wally: shouldnt fair basis be index + 0.7% ?
[2016-05-30 02:07:12] sleger : i meant marking price be *
[2016-05-30 02:07:57] BitMEX_Wally : sleger: It is. With 0.7% * (minutes until fundingTime / minutes in day)
[2016-05-30 02:08:11] BitMEX_Wally : micmix: Correct, there will be an XBTUSD rebalance at 12:00 UTC today
[2016-05-30 02:08:45] sleger : BitMEX_Wally: oh ok it is time discounted now
[2016-05-30 02:09:12] BitMEX_Wally : Fair price marking always has been
[2016-05-30 02:10:42] sleger : indeed you're right, just wasnt as noticeable before
[2016-05-30 02:15:08] sleger : yuan fixed lower, no surprise
[2016-05-30 02:24:51] REKT : Liquidated long on `LTCXBT`: Sell 102 @ 0.00848
[2016-05-30 02:24:51] REKT : Liquidated long on `LTCXBT`: Sell 86 @ 0.00848
[2016-05-30 02:29:16] messiaen8844 : DA MAN
[2016-05-30 02:29:18] messiaen8844 : http://www.bloomberg.com/news/articles/2016-05-29/ex-citi-trader-starts-bitcoin-exchange-to-entice-china-investors
[2016-05-30 02:29:39] BitMEX_Sam : :+1: Front page of bloomberg.com
[2016-05-30 02:29:53] rapidtrades : yessss