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 19:44:58] 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
[2016-05-30 02:30:05] rapidtrades : here fishy fishy fishy
[2016-05-30 02:30:11] sleger : ah so he got laid off
[2016-05-30 02:31:28] BitMEX_Sam : The entire team did at that time
[2016-05-30 02:33:27] sleger : previous articles said he quit his well paid job to build this, anyways doesnt really matter or change what was achieved
[2016-05-30 03:51:53] GerryHYH : HI guys, just saw your email on your 'daily balancing' thing
[2016-05-30 03:51:58] GerryHYH : Inititally it's every Friday, why daily now? ;o
[2016-05-30 03:52:14] GerryHYH : Doesn't that cause a lot of problem/liquidations?
[2016-05-30 03:53:09] BitMEX_Wally : Rebalancing does not cause liquidations
[2016-05-30 03:53:21] BitMEX_Wally : It just moves unrealised and realised PNL into your wallet
[2016-05-30 03:53:56] BitMEX_Wally : It just means you can re-leverage or withdraw profits sooner
[2016-05-30 04:05:48] GerryHYH : Ok, thanks Wally
[2016-05-30 04:05:56] GerryHYH : May I ask why do you guys changing it to a daily basis
[2016-05-30 04:06:03] GerryHYH : rather then every Friday
[2016-05-30 04:06:06] GerryHYH : which I prefer!
[2016-05-30 04:06:21] GerryHYH : Just a question, not angry or anything :D
[2016-05-30 04:08:04] rentchev : why do you prefer every Friday?
[2016-05-30 04:30:01] REKT : Liquidated short on `XBTUSD`: Buy 3186 @ 539.36
[2016-05-30 04:30:03] zanza : to lessen the risk of a big DPE buildup most lkeky
[2016-05-30 04:30:21] zanza : also traders prefer to have profutss sooner
[2016-05-30 04:33:09] BitMEX_Wally : Traders and market makers were asking for daily rebalance
[2016-05-30 04:33:38] Blargwaffle : It makes sense with the daily interest.
[2016-05-30 04:33:49] miramm1115 : BitMEX_Wally: :+1:
[2016-05-30 04:33:55] CFTC-Agent : Good morning, gentlemen
[2016-05-30 04:34:11] BitMEX_Wally : CFTC-Agent: Hello BTCVIX
[2016-05-30 04:35:40] BTCVIX : BitMEX_Wally: but but you guys don't service US customers so everything is fine I am sure
[2016-05-30 04:35:42] BTCVIX : ....
[2016-05-30 04:36:05] CFTC-Agent : Just observing, don't mind me.
[2016-05-30 04:36:25] BTCVIX : CFTC-Agent: what up brah
[2016-05-30 04:36:53] CFTC-Agent : Hi VIX, thanks for covering lunch last time, you pick the place at our next meeting.
[2016-05-30 04:37:52] BTCVIX : CFTC-Agent: can we go to top of Hancock building for lunch next time -- need the view to get in the mood to disclose more
[2016-05-30 04:38:22] BitMEX_Wally : This reminds me of a scene in Lord of the Rings
[2016-05-30 04:39:15] BTCVIX : BitMEX_Wally: the one where they realize the gig is up ?
[2016-05-30 04:39:22] CFTC-Agent : I was thinking it reminded me more of the end of a different movie: Wall Street
[2016-05-30 04:39:38] BitMEX_Wally : Gollum talking to himself
[2016-05-30 04:40:33] BTCVIX : btcdrak fills that part
[2016-05-30 04:41:03] BitMEX_Wally : 
[2016-05-30 04:41:30] Rune : woah a image
[2016-05-30 04:41:36] Rune : this supports images?
[2016-05-30 04:41:46] Rune : or just for admin?
[2016-05-30 04:41:50] BitMEX_Wally : Rune: Just for admin