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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[2015-07-31 14:57:29] goat : that their entry price is suddenly lower
[2015-07-31 14:57:36] goat : and the asks they have placed before hand are still there at the old price
[2015-07-31 14:57:48] goat : i understand it doesn't make a difference because you re-balanced, but not everyone will?
[2015-07-31 14:58:18] goat : especially if you are going after simpler traders with the simple UI
[2015-07-31 14:59:38] goat : i totally get what happens, but others might. in essence you are re-buying the position at the mark price at settlement and any realized/unrealized p/l is reset
[2015-07-31 14:59:54] goat : the numbers obviously come out to be the same in the end, but beginning traders might be confused
[2015-07-31 15:03:40] cengel : goat: which contract had a dpe?
[2015-07-31 15:04:34] goat : cengel: what do you mean?
[2015-07-31 15:04:44] BitMEX_Wally : These contracts had a "rebalancing" `XBTU15` `XBTZ15` `XBTQ15`
[2015-07-31 15:04:57] goat : i was just reading this - https://blog.bitmex.com/dynamic-profit-equalisation/
[2015-07-31 15:04:59] cengel : oh okay so not profit adjustment just the weekly rebalance
[2015-07-31 15:05:12] goat : and under the Contract settlement and rebalance part it talks about it
[2015-07-31 15:05:16] BitMEX_Wally : Meaning everyone's PNL was realised, but there was no adjustment as there were no losses
[2015-07-31 15:05:19] goat : yeah
[2015-07-31 15:05:44] goat : basically im just saying that i get it after talking to sam and re-reading the link i just put
[2015-07-31 15:05:46] cengel : mixing up concepts here :)
[2015-07-31 15:06:06] cengel : cause the profit adjustment i only saw on BVOL24H a couple days ago
[2015-07-31 15:06:08] goat : but they are going after less advanced traders with the new UI and everything, so maybe it would make sense to have a pop up every friday when people log in
[2015-07-31 15:06:23] goat : and they can perminately hide it if they want obvi
[2015-07-31 15:06:31] cengel : weekly rebalance is done also by the other exchanges right?
[2015-07-31 15:07:06] goat : okc rolls bi weekly into weely
[2015-07-31 15:07:08] goat : weekly
[2015-07-31 15:07:50] goat : but i just know you guys are going to get a million e-mails and questions about this from people that didn't read or read and dont understand
[2015-07-31 15:08:54] BitMEX_Wally : We could leave the avgEntryPrice unchanged, but then the unrealisedPnl wouldn't make sense
[2015-07-31 15:09:03] goat : no what you guys have is perfect
[2015-07-31 15:09:07] goat : it makes perfect sense to me
[2015-07-31 15:09:57] goat : im just saying that you are going after less advanced traders and the btc community as a whole, especially with the simplified UI, so it might be better to give them some type of pop up or warning
[2015-07-31 15:10:10] BitMEX_Wally : Yes, good idea
[2015-07-31 15:10:15] goat : because people are going to log in and freak out
[2015-07-31 15:11:32] goat : i get it after a few lines of talking to sam and re-reading the blog post, i would say that i am probably in the minority of btc traders that would understand it that quickly
[2015-07-31 15:11:47] goat : most people are just going to go on reddit and write "bitmex stole my money" or something stupid like that
[2015-07-31 15:12:13] BitMEX_Wally : Yes, maybe we could email people on every Rebalance and every Settlement
[2015-07-31 15:12:29] BitMEX_Wally : Spell out exactly how much realisedPnl and how much it was adjusted (if at all)
[2015-07-31 15:12:30] goat : that could work, whatever you guys do im sure will be fine
[2015-07-31 15:12:31] BitMEX_Sam : One of our little announcement banners would probably do fine
[2015-07-31 15:12:44] BitMEX_Sam : Wouldn't want to spam people. Although it is about their money.
[2015-07-31 15:12:47] goat : yeah an announcement banner is cool, just something for traders
[2015-07-31 15:13:04] goat : and notify them in it, your average entry price may have changed, please adjust your bids/asks accordingly
[2015-07-31 15:13:22] cengel : or just mention it in the tooltip for entry price
[2015-07-31 15:13:32] goat : because obviously if the bids or asks stay at the same price they were before settlement, then the wallet balance would head back up to what it was before
[2015-07-31 15:13:39] goat : but idk, people are dumb
[2015-07-31 15:14:03] goat : people will see their average entry price lower and start moving their asks right above it thinking the exchange made an error or something and they are getting free money
[2015-07-31 15:14:08] goat : (if they are long)
[2015-07-31 15:14:31] goat : idk, i just think that it needs to be spelled out a little bit more for traders that aren't advanced so they dont make a mistake and blame it on you guys
[2015-07-31 15:15:10] goat : you are in an excellent position opportunity wise in the btc exchange space, and i think you are going to start to see a slow trickle of traders from these other pos exchanges
[2015-07-31 15:15:31] goat : so making the experience as user friendly as possible, especially when traders might not have english as their first language, is manditory
[2015-07-31 15:15:39] BitMEX_Sam : goat: Thanks for the ideas, I'm going to write a better entry price tooltip for now and look into a simple notification every Friday as well
[2015-07-31 15:16:42] goat : BitMEX_Sam: yeah again, no big deal at all... just trying to think of ways to ensure that even the simplest users can have a flawless trading experience here
[2015-07-31 15:19:47] goat : mempool is back down a bit, was over 90mb yesterday - https://tradeblock.com/blockchain/
[2015-07-31 16:00:17] TrevinHofmann : My 420 bot gave me a large long I didn't want, and that didn't work out too well :(
[2015-07-31 16:05:13] cengel : on what cont
[2015-07-31 16:07:25] ksinvest : TrevinHofmann: volatility like this will come back soon, next time you are on the other side, trust in your bot and the power of randomness, in the long run you earn the spreads :)
[2015-07-31 16:34:53] TrevinHofmann : cengel: XBTN
[2015-07-31 16:36:30] TrevinHofmann : ksinvest: Haha, I'm going to write it off as a loss and fix the bot :) I don't mind taking good positions that work out in the long run, but it went so long that a margin call was almost an issue.
[2015-07-31 16:56:40] ksinvest : TrevinHofmann: there are only three things you should avoid for mm bots: 1. high leverage 2. old/slow data 3. any predications about the price based on psychology (never intervene) or flawed data (never get manipulated)
[2015-07-31 17:00:58] ksinvest : actually i don't know of it's only these 3 things, but i had to pay some "educational expenses" for these 3 mistakes :)
[2015-07-31 17:06:50] cengel : i paid for the same lessons on BVOL :)
[2015-07-31 17:34:53] ksinvest : cengel: are you process management consultant in RL?
[2015-07-31 17:35:22] cengel : rather not talk public about this
[2015-07-31 17:40:52] cengel : are you on freenode irc?
[2015-07-31 17:50:41] ksinvest : no but just did an unfollow, follow from an "alpha version" account.
[2015-07-31 18:23:43] miratrader : Chat archive doesn't work for me: 504 Gateway Time-out
[2015-07-31 18:25:26] BitMEX_Wally : miratrader: We're looking into it
[2015-07-31 18:29:40] micmix : BitMEX_Wally: how can I see what my avg entry price was before re-blancing?
[2015-07-31 18:35:27] BitMEX_Wally : micmix: It's not viewable from the frontend
[2015-07-31 18:37:26] BitMEX_Wally : If you use the API you can look at `posCost` and `currentQty` to calculate what the avg entry price of your current position is without any re-balancing
[2015-07-31 18:52:45] micmix : Do you guys track accumulated P&L for the position? I'm trying to figure out my P&L for each XBT but it's next to impossible.
[2015-07-31 18:55:33] BitMEX_Sam : We're talking about adding a convenience field for this
[2015-07-31 18:55:39] BitMEX_Sam : But you can see any rebalance payouts in your wallet history
[2015-07-31 18:56:04] BitMEX_Sam : Add that to your unrealised pnl.
[2015-07-31 18:58:38] micmix : let me explain: I had XBTQ15 long open for more than a month. I was buying and selling XBTQ15 without closing position (lots of trades in history). Any closed my long a few days ago. Is there are any easy way to find out total P&L for that position?
[2015-07-31 18:58:58] micmix : * And close my long
[2015-07-31 18:59:42] micmix : I guess I'll have to export trade history to Excel and do all calculations there
[2015-07-31 19:00:18] BitMEX_Wally : micmix: Have a look at the `CashRebalance` transaction in https://www.bitmex.com/app/wallet
[2015-07-31 19:01:07] BitMEX_Wally : When the contract was rebalanced earlier (for the first time), all realised and unrealised pnl was moved to the wallet as a transaction
[2015-07-31 19:20:42] micmix : thanks BitMEX_Wally. I see cash rebalance and cash settlement transactions on 2015-07-31. I closed my XBTU15 position few days ago (before rebalancing) but I still see cash rebalance transaction for XBTU15. Is it all my realized profits?
[2015-07-31 19:25:07] BitMEX_Sam : micmix: Yep, during a rebalance, all unrealised pnl moves to realised, then all realised moves to a CashRebalance transaction
[2015-07-31 19:26:13] BitMEX_Sam : BTW, chat archive is back, thanks for the notice
[2015-07-31 19:32:10] micmix : ok, got it, thanks. My suggestions would be: 1) Add accumulated P&L field for open positions. It should track total P&L taking into account all rebalances
[2015-07-31 19:32:51] micmix : 2) Add a simple way to see the real avg entry price based on trades only without rebalancing
[2015-07-31 19:35:44] micmix : 3) In addition to the trade history implement position history that shows all past positions: when position was opened/closed, was it long/short, total P&L, with an easy way to see all trades and cash rebalances that affected that position
[2015-07-31 19:37:56] TrevinHofmann : ksinvest: I tried avoiding high leverage, but my positionLimit implementation didn't work for some reason. Should have made unit tests ;)
[2015-07-31 19:38:29] micmix : I like to keep some positions open for a long time and an easy way to see how your position is doing would be useful
[2015-07-31 20:16:10] BitMEX_Sam : micmix: Thanks for the suggestions, I agree some work should be done in this area. We're going to discuss it internally over the weekend and add some features.
[2015-07-31 20:28:02] micmix : Thanks BitMEX_Sam, just trying to make BitMEX the premium destination for futures trading :-) With only one rebalance it's not that bad but it's going to be much harder to figure out what's going on with your positions after several rebalances.
[2015-07-31 20:49:52] BitMEX_Sam : Yeah, I agree 100% - I always appreciate it when an exchange has an easy-to-find audit trail.
[2015-08-01 04:47:59] Mastablasta33 : just a question: Why does the XBUQ15 go for periods where the spread is $12 and then suddenly it'll be $2 for a while? Are the marketmakers taking a break?
[2015-08-01 06:18:23] BitMEX_Wally : Mastablasta33: Yes, there is a market maker who quotes on the XBU series during London and New York trading hours, Monday to Friday
[2015-08-01 08:01:19] cloud : sup, back to some Mad Max action, then home to some WC
[2015-08-01 08:43:21] BitMEX_Arthur : Sonds like a fun afternoon
[2015-08-01 08:54:20] Trade_master_3000 : do spreads kill profits here?
[2015-08-01 08:57:52] Trade_master_3000 : BitMEX_Arthur: where can i see bitmex charts i noticed trading view doesnt have them
[2015-08-01 09:03:51] cengel : when switching between contracts sometimes the panes dont update http://i.imgur.com/E4OT0wE.png
[2015-08-01 09:04:05] BitMEX_Arthur : Hi
[2015-08-01 09:04:47] BitMEX_Arthur : @Trade_master_3000 What UI are you using? Basic or Advanced?
[2015-08-01 09:05:20] BitMEX_Arthur : cengel: Are you seeing wrong orderbook?
[2015-08-01 09:05:43] cengel : no the recent trades pane is showing the priour selected contract (as indicated in imgur link)
[2015-08-01 09:07:26] BitMEX_Arthur : If you refresh your browser does that fix it?
[2015-08-01 09:07:30] cengel : yea
[2015-08-01 09:07:42] cengel : its just an intermittant thing
[2015-08-01 09:07:54] BitMEX_Arthur : Ok I'll let Sam know must be some issue with the websocket delivery
[2015-08-01 09:08:10] cengel : i think it was just me in XBU24H switching to BVOL
[2015-08-01 09:08:14] cengel : but cant reproduce now
[2015-08-01 09:12:14] BitMEX_Arthur : cengel: We will look into it
[2015-08-01 09:17:25] Trade_master_3000 : BitMEX_Arthur: i searched for xbtq15 in trading view and nothing
[2015-08-01 09:17:39] BitMEX_Arthur : Trade_master_3000: We are not listed in TV yet
[2015-08-01 09:17:59] BitMEX_Arthur : That should be coming any day now, is what they have told us. You can view the charts on BitMEX itself of the contracts
[2015-08-01 09:18:31] Trade_master_3000 : i need my indicators :/
[2015-08-01 09:18:35] Trade_master_3000 : any idea on exactly how soon
[2015-08-01 09:19:49] BitMEX_Arthur : No idea on an ETA, they claim it's soon
[2015-08-01 10:25:40] cengel : http://i.imgur.com/DTxXHGA.png
[2015-08-01 10:26:01] cengel : Again now with the bvol and xbu24h mixed other way around . just to show it was not a one-off fluke
[2015-08-01 10:32:23] BitMEX_Arthur : and it doesn't update unless you refresh the browser?
[2015-08-01 10:32:55] cengel : either reefresh or tool around with the controls to reload
[2015-08-01 10:33:04] cengel : doesnt reproduce every time when i switch
[2015-08-01 10:33:05] BitMEX_Arthur : k
[2015-08-01 10:47:47] cengel : woud be awesome if XBU24H was 25x accessible
[2015-08-01 10:48:22] BitMEX_Arthur : cengel: what about at XBT24H?
[2015-08-01 10:48:36] BitMEX_Arthur : we want to keep the XBU series useful for people hedging actual Bitcoin
[2015-08-01 10:48:50] BitMEX_Arthur : we would have to put it on the DPE system if we put 25x leverage on it
[2015-08-01 10:49:12] cengel : XBT24H too would be good yea, just anything closer to settlement, givs better scalp potential
[2015-08-01 10:49:31] cengel : the 1month+ spreads are inconsistent so scalping is harder since it doesnt follow spot as well
[2015-08-01 10:49:37] BitMEX_Arthur : why do you say that, if the spread is tight enough does it really matter
[2015-08-01 10:49:41] cengel : yep
[2015-08-01 10:49:54] cengel : because spot goes down and the premium for some reason still goes up
[2015-08-01 10:50:03] cengel : or the opposite
[2015-08-01 10:50:10] BitMEX_Arthur : right
[2015-08-01 10:50:11] cengel : if it was a static premium it wouldnt matter
[2015-08-01 10:50:28] cengel : but since it isnt it does. a shorter settlement would make that less of a problem i think
[2015-08-01 10:50:35] cengel : esp 24H
[2015-08-01 10:56:28] cengel : i actually thought there was an XBT24H before
[2015-08-01 10:57:32] cengel : Arthur i got an idea for a new contract too
[2015-08-01 10:57:59] cengel : How many years prison Karpeles will serve
[2015-08-01 10:58:16] BitMEX_Arthur : hah
[2015-08-01 10:58:16] cengel : it can be a special promotional contract
[2015-08-01 11:01:10] cengel : is it true that japanese have really high conviction rates?
[2015-08-01 11:02:12] cengel : i saw a documentary of white guys getting in prison in foreign countries and one was about japan and they have a really intresting prison system
[2015-08-01 11:02:28] BitMEX_Arthur : no idea i imagine he's pretty much donzo
[2015-08-01 11:02:56] cengel : yea
[2015-08-01 11:03:36] cengel : he will have time to meditate
[2015-08-01 13:54:48] haxmb : cengel: i think you mean USA with high incarceration rate? ;)
[2015-08-01 13:54:49] haxmb : https://en.wikipedia.org/wiki/List_of_countries_by_incarceration_rate
[2015-08-01 13:54:59] haxmb : japan is #198
[2015-08-01 15:03:16] micmix : I vote for adding XBT24H as well, I'll trade it.
[2015-08-01 15:06:28] micmix : Usually the spread on XBT monthly is a bit too high for effective daily scalping, it should be tighter on XBT24H
[2015-08-01 15:49:39] cengel : haxmb: i meant conviction rate as the % of cases the prosecutors bring that result in conviction
[2015-08-01 15:50:09] cengel : https://en.wikipedia.org/wiki/Criminal_justice_system_of_Japan#Conviction_rate
[2015-08-01 15:50:19] cengel : (over 99%, Karpeles is fucked)
[2015-08-01 20:41:22] TrevinHofmann : Fixed my bot :) Wrote unit tests and everything, haha. Now trading the XBTQ15
[2015-08-02 05:05:04] TrevinHofmann : micmix: +1 for XBT24H
[2015-08-02 07:57:57] splash : hello
[2015-08-02 08:03:31] BitMEX_Arthur : Hi
[2015-08-02 08:09:06] splash : nice to see prices come down. ive been waiting for this a few days. time to start buying
[2015-08-02 13:43:58] BitMEX_Wally : We're experimenting with an LTC future priced in USD and quanto'd into XBT for settlement. Checkout testnet: https://testnet.bitmex.com/app/trade/LTC7D
[2015-08-02 14:37:11] chrisxbt : 15x leverage and 2% maintenance margin sounds good.
[2015-08-02 14:38:08] BitMEX_Arthur : :)
[2015-08-02 14:40:01] chrisxbt : 1% isn't enough and since you're probably not going to have enough liquidity makes it even worse. I'm quite sure the spreads will be wider than 1%
[2015-08-02 14:40:47] BitMEX_Arthur : To start with yes I imagine they will be
[2015-08-02 14:43:38] chrisxbt : 4 cents?
[2015-08-02 14:45:06] chrisxbt : Yeah okcoin currently has 2-3 cent spread
[2015-08-02 14:45:18] chrisxbt : Good thing you're doing weekly futures to start
[2015-08-02 14:45:44] BitMEX_Arthur : I imagine spreads will be 4-6 cents to start with
[2015-08-02 14:46:26] chrisxbt : you have market makers though right?
[2015-08-02 14:46:38] BitMEX_Arthur : yes
[2015-08-02 14:48:29] chrisxbt : hm you only have 1 cent price increments so it'll look like you have more liquidity
[2015-08-02 14:51:53] cengel : pls XBT24H :(
[2015-08-02 17:28:32] chrisxbt : ah someone caught a wick
[2015-08-02 18:20:01] micmix : XBT24H should follow the spot price more closely, we'll be able to speculate on short-term spot price movements.
[2015-08-02 19:26:35] cengel : +1
[2015-08-02 19:37:26] splash : im learning the calculator here on the site. when I calc PNL and get -1.0 BTC and if I have 1 BTC on my balance, that means I lose it and have 0 balance. correct?
[2015-08-02 19:43:26] j8 : splash: you also have to account for the maintenance margin
[2015-08-02 19:44:00] j8 : i.e. you would be margin called before your losses equal your deposit
[2015-08-02 19:50:07] splash : i guess the liqudation price that shows in the Open Position table is taking the maintenance margin into account, right?
[2015-08-02 19:50:55] j8 : yes
[2015-08-02 19:52:09] j8 : although, if you have losses on other contracts, that number will change, if you're not using Isolate Margin
[2015-08-02 19:52:25] splash : ok, yea the isolate margin thing. i see it
[2015-08-02 19:52:26] splash : can I see the maintenance margin somehwere?
[2015-08-02 19:52:49] splash : ok in the wallet i c something
[2015-08-02 19:53:13] j8 : yeah, it's on advanced view also.
[2015-08-02 19:53:47] j8 : it used to show maintenance margin per position... i guess they hid it.
[2015-08-02 19:53:56] splash : great c it. tanks
[2015-08-02 22:52:48] goat : http://shitco.in/2015/08/02/symbiont-updates-xcp-rocket-ignited/
[2015-08-03 01:46:34] BitMEX_Arthur : Nice
[2015-08-03 01:46:40] BitMEX_Arthur : I bought some XCP cause of your previous article
[2015-08-03 01:46:51] BitMEX_Arthur : I'm still HODL
[2015-08-03 02:16:32] goat : nice, yeah there was a nice dip to buy too
[2015-08-03 02:16:40] goat : i would sell some off as they go up to cover your initial investment
[2015-08-03 02:16:42] goat : thats what im doing
[2015-08-03 02:16:46] goat : and hodling the rest
[2015-08-03 02:17:11] BitMEX_Arthur : my initial investment was 0.2 Bitcoin lol
[2015-08-03 02:17:15] BitMEX_Arthur : i don't swing big in alts
[2015-08-03 02:17:15] goat : oah hahahaha
[2015-08-03 02:17:17] goat : nevermind then
[2015-08-03 02:17:21] goat : yeah i learned that from asicminer
[2015-08-03 02:17:34] BitMEX_Arthur : when our LTC future lists this week
[2015-08-03 02:17:46] BitMEX_Arthur : will give me more incentive to watch alts more closeley
[2015-08-03 02:17:57] goat : nice, :D and there has been nice ltc volatility too
[2015-08-03 02:20:27] goat : the bfx lag issue last night fucked a lot of people
[2015-08-03 02:20:44] goat : ltc margin trading wasn't updating your position so people were essentially trading blind during that dump
[2015-08-03 02:22:33] BitMEX_Arthur : We are going to be moving away from bfx, we are integrating an index provider this week and will make an announcement soonish
[2015-08-03 02:27:44] goat : nice, it probably makes sense to use some type of index or something at this point
[2015-08-03 04:54:07] miratrader : Not sure about the index. Using single exchange makes data analysis and modeling easier. And I wouldn't want to trade on any index that includes OKCoin. Those wild swings on OKCoin can be a problem on high leverage.
[2015-08-03 04:55:55] goat : agreed about okcoin, but bfx also has issues at times
[2015-08-03 04:56:05] goat : so some solution that doesn't rely on one single exchange would be great
[2015-08-03 07:13:35] chrisxbt : BitMEX_Arthur: new index sounds good
[2015-08-03 07:14:40] chrisxbt : I assume it'd be slightly different from Okcoin's index since that one has a lot of chinese exposure
[2015-08-03 07:16:19] chrisxbt : You know there's not really that many exchanges you can put on the index. And Okcoin isn't even that bad. I think btc-e is a bigger problem.
[2015-08-03 07:16:37] BitMEX_Arthur : We will be using XBX Index from Tradeblock
[2015-08-03 07:19:19] miratrader : do they have an API to get realtime and historical data?
[2015-08-03 07:27:04] BitMEX_Arthur : miratrader: You will be able to subscribe to our existing indices to retrieve real time data
[2015-08-03 07:27:48] BitMEX_Arthur : They have historical data on their website, http://tradeblock.com
[2015-08-03 07:27:56] BitMEX_Arthur : When we do the official announcement we will have more details
[2015-08-03 07:28:07] BitMEX_Arthur : We will give everyone plenty of advanced notice before anything changes
[2015-08-03 10:08:31] cengel : *crossing fingers for XBT24H*
[2015-08-03 10:26:22] cengel : XBTQ15 has actually been quite well behaved with spot movements no screwy premium fluctuations
[2015-08-03 10:34:18] akstunt600 : how do i close position
[2015-08-03 10:34:25] akstunt600 : i want to take profit :)
[2015-08-03 10:34:40] akstunt600 : just sell/short?
[2015-08-03 10:34:54] akstunt600 : just doesnt feel right
[2015-08-03 10:35:40] cengel : akstunt, you create and destroy futures, dont think of it like shares
[2015-08-03 10:36:20] cengel : if you are short your position is -X, just buy X to close
[2015-08-03 10:36:55] akstunt600 : yeah a close at market would be nice feature
[2015-08-03 10:37:01] akstunt600 : :-/
[2015-08-03 10:37:18] akstunt600 : like BFX has
[2015-08-03 10:37:39] cengel : i assumed the simple UI did have some kind of handholding stuff like that
[2015-08-03 10:38:20] akstunt600 : well i was sure thats how to close. just making a point for nubs trying to use it
[2015-08-03 10:39:06] cengel : i like to have control. the original UI gives exactly that
[2015-08-03 10:39:21] akstunt600 : it does
[2015-08-03 10:39:47] akstunt600 : i just think close at market is awesome for those that panic
[2015-08-03 10:40:28] cengel : i think they mentioned that next update would include stop-orders and market orders
[2015-08-03 10:40:40] akstunt600 : oh yeah derp
[2015-08-03 10:40:56] akstunt600 : loving this platform so far
[2015-08-03 10:41:01] cengel : so i think it's Coming Soon TM
[2015-08-03 10:41:02] akstunt600 : that would make it a lot nicer
[2015-08-03 10:42:01] akstunt600 : welp im staying long anyway :) im long from the bottom
[2015-08-03 10:42:02] cengel : you can code your own market entry by entering super high price, have you played with the API?
[2015-08-03 10:42:23] akstunt600 : not yet, im working on other APIS atm
[2015-08-03 10:43:28] cengel : well the team here is churning out updates like no other so im sure you will get your desires very soon
[2015-08-03 10:44:02] akstunt600 : i dont doubt it
[2015-08-03 10:44:09] akstunt600 : im impressed everytime i come back
[2015-08-03 10:47:24] cengel : yea hopefully things really take off
[2015-08-03 10:51:07] cengel : most bitcoiners i know IRL are still ignorant to futures and how useful they can be. there's a major gap there
[2015-08-03 10:53:43] cengel : so the simple UI thing is a good move to help give a training wheels to ppl
[2015-08-03 11:22:07] akstunt600 : i agree
[2015-08-03 14:17:17] Blargwaffle : Using time travel to launch Litecoin futures, nice work.
[2015-08-03 17:34:25] btcers : why XBUU15 (Sep25) is 10 doll cheaper than XBTQ15(August28)?
[2015-08-03 17:39:03] STRML_ : XBT-series contracts have a higher potential upside
[2015-08-03 17:39:05] STRML_ : So they're generally priced higher
[2015-08-03 17:48:38] btcers : why? Whats the difference?
[2015-08-03 17:52:18] STRML : XBT contracts are quanto, XBU are inverse
[2015-08-03 17:53:33] STRML : So XBU contracts are always worth $100 of Bitcoin. Imagine you buy one XBU contract at $100 and the price doubles to $200. You make the difference in value between $100 and $200 - so your 1 Bitcoin investment is now worth 1.5 Bitcoin. You've gone from $100 to $300 in USD terms, but a gain of only 50% in Bitcoin terms
[2015-08-03 17:54:19] STRML : The XBT series is more predictable in Bitcoin terms - when going long from $100 to $200, 1 Bitcoin of contracts bought at $100 would be worth 2 Bitcoins at $200.
[2015-08-03 17:54:34] STRML : So you'd gain 100% in Bitcoin terms and 300% in USD terms.
[2015-08-03 17:55:09] STRML : Because the potential payoff is higher for XBT-series contracts it makes sense for them to be priced higher. XBU contracts are generally better for shorting for this reason, especially if you have USD liabilities.
[2015-08-03 17:55:19] STRML : See https://blog.bitmex.com/xbt-vs-xbu-chain/ for some more details
[2015-08-03 17:56:01] btcers : thanks
[2015-08-03 17:56:59] STRML : No problem. Most crypto derivatives exchanges generally hide these terms from you, they seem to think that it doesn't matter or that users won't care. We like to make it known so users can make the right choice, especially if they need to hedge
[2015-08-03 17:57:53] Kiran : Any wallets in development?
[2015-08-03 17:58:25] STRML : Kiran: Not yet, we're launching LTC contracts this week and hopefully stops
[2015-08-03 17:59:08] STRML : As well as a few convenience features like "close position" for placing market orders to make a position flat.
[2015-08-03 18:14:11] splash : looking at the charts.
[2015-08-03 18:14:18] splash : looks like someone did stoploss hunting
[2015-08-03 18:14:29] splash : is that also ur intrepretation?
[2015-08-03 18:18:41] splash : hm low volume though
[2015-08-03 18:18:53] splash : what was the reason. anyone care to guess?
[2015-08-03 18:30:04] Blargwaffle : Guess the time travel didn't work, don't see those Litecoin contracts.
[2015-08-03 18:32:51] wahwhowah : Can someone tell me what I just did?
[2015-08-03 18:32:58] wahwhowah : http://cl.ly/image/1l3i3M0c182N
[2015-08-03 18:33:14] wahwhowah : I went short 10 at 297.06, yes?
[2015-08-03 18:46:14] cengel : mark price is how the unrealized pnl is computed, not your entry price.
[2015-08-03 19:02:44] j8 : splash: on `XBTU15`? probably just fat fingers, stops aren't implemented yet and liquidations aren't triggered by trades (except on `XBU` series)
[2015-08-03 19:11:26] cengel : the trade history of it shows only 275 contracts sold at 288.13
[2015-08-03 19:11:35] cengel : before that it was 306.25, after that 307
[2015-08-03 19:13:51] cengel : must be just 1-2 people in orderbook and a goofy small fill happened
[2015-08-03 19:16:39] j8 : yeah i got filled at 306.25, there was a market maker with blocks of a couple thousand that must have been repricing at that moment.
[2015-08-03 19:38:19] cengel : sometimes it can be pay to lay orders near back of the book
[2015-08-03 19:42:27] splash : indeed it can. unfortunately mine was too low
[2015-08-04 03:03:45] cloud : Bitmex folks, any eta on an android app? I know it might be a bit, but God damn it'll be good.
[2015-08-04 03:07:38] BitMEX_Arthur : No eta on an app we have sone more pressing dev tems to finish first
[2015-08-04 03:09:59] cengel : ive used the web ui on android its as good as an app
[2015-08-04 08:44:11] chrisxbt : hmmm december spiked down to 312.66
[2015-08-04 09:06:09] cengel : same happened on XBTU15 yesterday, but this time more people got filled on the spike looks like
[2015-08-04 09:06:34] cengel : insta double money on that from 315->330 at 25x
[2015-08-04 12:22:56] shifty252 : hi guys, how do i cancel/close a long position ? :)
[2015-08-04 12:33:59] Kiran : sell it
[2015-08-04 12:34:11] shifty252 : thx
[2015-08-04 13:59:05] VanCleef : hows trading on bitmex these days
[2015-08-04 13:59:11] VanCleef : is it better with margin?
[2015-08-04 14:06:37] BitMEX_Arthur : VanCleef: Everything tastes better with 25x leverage :)
[2015-08-04 14:21:19] shifty252 : if i have closed all contracts why or how long will the maintenance margin still be on my account?
[2015-08-04 14:22:54] j8 : shifty252: if you have no open positions, you should have no maintenance margin
[2015-08-04 14:23:38] j8 : but the realised pnl is withheld until settlement or weekly rebalancing. fridays.
[2015-08-04 14:25:12] shifty252 : thanks for answering, but still unclear, as everything is 0, except maintenance margin, and i do not have any position open at the moment
[2015-08-04 14:25:28] VanCleef : i bet losing doesn't haha
[2015-08-04 14:25:50] VanCleef : im thinking to start trading on bitmex if its liquid enough
[2015-08-04 14:26:15] BitMEX_Arthur : VanCleef: Trade `XBTQ15` that is the near month contract with 25x leverage
[2015-08-04 14:26:21] BitMEX_Arthur : you will find the most liquidity there
[2015-08-04 14:26:39] BitMEX_Arthur : shifty252: Please send support@bitmex.com with a detailed description of your question and we can help you
[2015-08-04 14:26:53] VanCleef : https://cryptowat.ch/bitmex/xbt-monthly-futures
[2015-08-04 14:26:55] VanCleef : this one yeh?
[2015-08-04 14:27:20] BitMEX_Arthur : yes
[2015-08-04 14:27:31] shifty252 : BitMEX_Arthur: ok, thanks, i don't suspect an issue, but i do not have any experience with leveraged trading
[2015-08-04 14:27:41] BitMEX_Arthur : shifty252:
[2015-08-04 14:27:51] BitMEX_Arthur : That is fine we can help you understand how our system works
[2015-08-04 14:28:22] VanCleef : me too, i think i have a good idea already
[2015-08-04 14:28:26] VanCleef : so not total n00b
[2015-08-04 14:28:53] shifty252 : BitMEX_Arthur: thank you
[2015-08-04 14:28:57] VanCleef : margin trading futures, ok can i use stop orders?
[2015-08-04 14:29:10] BitMEX_Arthur : VanCleef: Stop orders are not implemented yet
[2015-08-04 14:29:44] VanCleef : ahh ok, :(
[2015-08-04 14:29:47] VanCleef : i might wait for that
[2015-08-04 18:49:51] cloud : Shouldn't be ling of a wait for order types, I know they have been working on it awhile.
[2015-08-04 18:54:08] BitMEX_Sam : Yep. On the way. Got sidetracked on the LTC futures launch for tomorrow but Stops are almost there.
[2015-08-04 20:36:14] goat : look at XCP today
[2015-08-04 20:36:19] goat : https://poloniex.com/exchange#btc_xcp
[2015-08-04 22:10:44] ksinvest : request for new instrument: websocket api latency swaps (bitfinex), should also act as hedge against flawed data
[2015-08-04 22:11:12] ksinvest : would be the little brother of the bitfinex exchange default swap
[2015-08-04 22:12:07] chrisxbt : how would it be structured, daily settlement?
[2015-08-04 22:14:42] ksinvest : yes, i think it should be daily or weekly
[2015-08-04 22:17:09] miratrader : good luck measuring it properly, it's not trivial
[2015-08-04 22:17:54] chrisxbt : yeah measuring it is difficult
[2015-08-04 22:18:09] BitMEX_Sam : Could be tricky to measure, I don't see any timestamps coming back on subscriptions, so we don't have any way to know if trading has stalled
[2015-08-04 22:18:51] miratrader : yeah, we are struggling with this problem as well. Polling REST API doesn't help either
[2015-08-04 22:19:41] miratrader : our bots measure full cycle latency from time to time by placing small orders
[2015-08-04 22:21:29] miratrader : measuring by placing limit orders on the orderbook then observing the orderbook change doesn't work if only trades are stalled
[2015-08-04 22:21:55] ksinvest : it's very tricky but it might be possible to define some "flawed data events"
[2015-08-04 22:22:46] miratrader : you'll have to spend some money on market orders to know for sure what's going on with trading. it gets expensive quickly if you need to measure every several seconds
[2015-08-04 22:22:54] ksinvest : maybe it's more a "data integrity swap" than latency swap
[2015-08-04 22:26:51] miratrader : I would much rather have XBT24H, it
[2015-08-04 22:27:01] miratrader : it's simple and useful
[2015-08-04 22:27:50] ksinvest : BitMEX_Sam: do you know how tradeblock gets access to bitfinex data for XBX? are they on the inofficial websocket as well?
[2015-08-04 22:28:19] ksinvest : miratrader: +1 for XBT24H
[2015-08-04 22:28:23] BitMEX_Sam : I'm not sure, I haven't asked - Arthur has been dealing with them
[2015-08-04 22:28:29] BitMEX_Sam : Also we're talking internally about 7D/24H
[2015-08-04 22:33:51] ksinvest : moving to XBX is definitely a smart decision but would be even better if tradeblock is 100% transparent about the data they use to build their index
[2015-08-04 22:44:02] miratrader : My main problem with TradeBlock is the lack of public API to get XBX historical and realtime data. At least I couldn't find any information about the API. I think it's available to subscribers only.
[2015-08-04 22:48:51] ksinvest : miratrader: agree but actually i don't want the data of middle man at all, i want to rebuild their index
[2015-08-04 22:50:58] miratrader : That would work as well but TradeBlock will not publish their algorithm. It's not a simple formula and they wouldn't want to disclose it and lose their competitive advantage.
[2015-08-04 22:56:37] ksinvest : maybe it's very simple and they just use the last price - that's ok for a TWAP based settlement price but not for a mm bot.
[2015-08-04 22:58:03] j8 : i had the same concerns as you guys re: XBX
[2015-08-04 23:03:05] j8 : the best info i have is here: https://tradeblock.com/blog/tradeblock-xbx-index-data-now-publicly-available
[2015-08-04 23:07:11] ksinvest : j8: thanks, very interesting
[2015-08-04 23:08:33] j8 : yeah, seems to be a realtime average across five exchanges, weighted by several factors
[2015-08-04 23:09:12] j8 : recent volume, historical volume, and deviation from the other markets
[2015-08-04 23:09:44] j8 : so a flash crash on one market doesn't affect it much.
[2015-08-04 23:15:27] ksinvest : it's ok (and very easy to reverse engineer) if they always use the same algorithm
[2015-08-04 23:18:52] j8 : just depends how complex it is, it could have different behavior in different situations, making it look like a different algorithm
[2015-08-04 23:20:15] ksinvest : depends on how much data you have...
[2015-08-04 23:24:22] j8 : yeah i guess that's the other thing. i don't have any for XBX.
[2015-08-04 23:25:03] j8 : oh nevermind i can download a csv
[2015-08-04 23:25:46] j8 : with 100 rows lol
[2015-08-04 23:26:10] ksinvest : and no real-time data
[2015-08-04 23:26:49] ksinvest : we have to use more then one source anyway
[2015-08-04 23:28:05] ksinvest : and if we have to pay for XBX real-time data we might find a crowdfunding solution
[2015-08-04 23:40:12] miratrader : I hope that BitMEX will add XBX index to their websocket feed but TradeBlock license agreement might prohibit re-publishing of the XBX index.
[2015-08-04 23:42:42] miratrader : market maker bots will have to use simulated index or pay for TradeBlock subscription
[2015-08-04 23:44:50] miratrader : and re-creating XBX is impossible: TradeBlock is also the only company in the world able to incorporate significant volumes of large, verified, off-exchange trades, the data for which is obtained through unique agreements with our institutional clients.
[2015-08-04 23:48:20] ksinvest : that's true - and a bit scary, they for sure have a great business model - only risk: an open source index becomes much more trusted and nobody uses their data anymore
[2015-08-04 23:53:30] ksinvest : for such an open source index you would need to define a "flawed data event" to have transparent rules when you kick out e.g. bitfinex temporary out of the index ;)
[2015-08-05 00:06:05] j8 : yeah, and they would probably say that publishing their formula would compromise its integrity
[2015-08-05 00:07:18] j8 : from people gaming it.
[2015-08-05 00:08:13] j8 : but that shouldn't matter if the index is as good as they claim
[2015-08-05 00:10:17] ksinvest : for a market maker it's impossible to trust (only) their data. if there is a flash crash on bitfinex my bots wants to know about that...
[2015-08-05 00:10:53] ksinvest : *my bot*, it's only one
[2015-08-05 00:14:18] j8 : yeah it doesn't replace a more detailed view. i like the idea of not being exposed to big wicks on one exchange
[2015-08-05 00:16:01] BitMEX_Sam : According to Arthur we have permission to publish not only minutely snaps of XBX but also realtime exchange weightings
[2015-08-05 00:16:25] ksinvest : nice! XBX is definitely better than Bitfinex alone. best thing would be a fully transparent open source BitMEX index
[2015-08-05 00:16:28] BitMEX_Sam : We'll have more details on that for you guys when we start the integration
[2015-08-05 00:16:54] BitMEX_Sam : Weightings will likely be an API-only feature but exposed at an easy endpoint
[2015-08-05 00:27:09] j8 : oh guess what i found...
[2015-08-05 00:27:23] j8 : wss://socketbc.tradeblock.com
[2015-08-05 00:32:00] miratrader : thanks BitMEX_Sam, realtime weightings will be super useful!
[2015-08-05 00:35:51] BitMEX_Sam : j8: Nice find
[2015-08-05 00:36:42] ksinvest : public REST api: https://tradeblock.com/api/markets/xbx/ https://tradeblock.com/api/markets/markets_json/
[2015-08-05 00:37:16] ksinvest : j8: can you subscribe?
[2015-08-05 00:39:15] ksinvest : REST api is near real-time :)
[2015-08-05 00:40:39] BitMEX_Sam : Their live dashboard is top-notch.
[2015-08-05 00:41:05] miratrader : Thanks ksinvest, excellent find!
[2015-08-05 00:41:12] j8 : just trying to figure out the details. looks like blockchain stuff comes out by default
[2015-08-05 00:41:38] BitMEX_Sam : Yeah there are two endpoints. The market data one requires authorization.
[2015-08-05 00:43:30] ksinvest : yes, order book data is subscription only https://tradeblock.com/api/markets/orderbook/
[2015-08-05 00:49:31] j8 : ok, there is also `wss://socket.tradeblock.com/hfd79y82jd`
[2015-08-05 00:50:49] j8 : which spits out trades across markets. no auth required
[2015-08-05 00:52:44] BitMEX_Sam : Yeah that's a nice realtime feed aggregator. No XBX index though.
[2015-08-05 00:53:00] BitMEX_Sam : Probably beats using the BFX API
[2015-08-05 01:07:58] j8 : yeah looks good.
[2015-08-05 01:16:29] ksinvest : very nice, thanks j8
[2015-08-05 01:26:01] j8 : np
[2015-08-05 01:37:20] GAmma : Hi Sam
[2015-08-05 01:37:39] GAmma : I'm gonna take the leap and transfer my 796 exchange balance over here ...
[2015-08-05 01:37:56] BitMEX_Arthur : GAmma: Let us know if you have any questions
[2015-08-05 01:39:20] GAmma : us early adopters - you might think about grandfathering the zero commish for an extended period.
[2015-08-05 01:40:06] GAmma : if you bring the commissions back in Sep and volume hasn't improved I prolly have to go back to 796 ... thats just minding the P&L
[2015-08-05 01:41:01] GAmma : volume aside, I love the product/plaform
[2015-08-05 01:49:41] ksinvest : very often more than 3 seconds latency on Tradeblock's websocket api for Bitfinex and Huobi trades
[2015-08-05 01:59:43] BitMEX_Sam : Thanks for the feedback GAmma, we'll evaluate by the end of the month.
[2015-08-05 02:00:01] BitMEX_Sam : ksinvest: So 3s+ over BFX's websocket?
[2015-08-05 02:01:37] ksinvest : BitMEX_Sam: no just the time stamps from tb
[2015-08-05 02:51:37] SexyMercedes : Enter
[2015-08-05 03:11:04] BitMEX_Arthur : Due to popular demand, `.XBT7D` will list at 12:00 GMT August 5th
[2015-08-05 03:11:10] BitMEX_Arthur : `XBT7D`
[2015-08-05 03:11:35] BitMEX_Arthur : we will see what contracts are most popular during this free trading period, and adjust our offerings accordingly
[2015-08-05 03:12:06] j8 : nice.
[2015-08-05 04:09:27] cengel : cool, weeklies should be nice
[2015-08-05 04:26:44] VanCleef : sweet looking forward to the stop orders
[2015-08-05 04:31:44] GAmma : XBT7D ... sounds good
[2015-08-05 05:09:59] GAmma : XBT contract: 'Bankrupt Limit Down Price'
[2015-08-05 05:10:43] GAmma : so if I am short, I only realize profits down to the Bankrupt limit down price ... ?
[2015-08-05 05:12:05] BitMEX_Arthur : Where r u reading that
[2015-08-05 05:12:32] GAmma : contract specs
[2015-08-05 05:12:43] GAmma : trying to make sure I understand
[2015-08-05 05:14:01] GAmma : XBTQ15 contract spec notes a "Bankrupt Limit Down Price" of 282.1
[2015-08-05 05:14:25] GAmma : I'm short, so what does that mean for me?
[2015-08-05 05:18:02] BitMEX_Arthur : Nothing disregard
[2015-08-05 05:18:31] GAmma : ok ....
[2015-08-05 05:19:35] BitMEX_Arthur : It
[2015-08-05 05:19:58] BitMEX_Arthur : It tells price at which the first bankruptcy would occur
[2015-08-05 05:20:00] GAmma : Ah ... "If the maintenance margin level is breached, the trader will be liquidated a their bankruptcy price."
[2015-08-05 05:20:21] GAmma : I get it ...
[2015-08-05 05:21:23] GAmma : that is the first time a max-levered (long) trader might get liquidated and I might expect a profit adjustment on settlement
[2015-08-05 05:21:38] GAmma : I think .. lol
[2015-08-05 07:01:50] BitMEX_Arthur : GAmma: You are correct
[2015-08-05 07:24:54] BitMEX_Arthur : `XLT7D` Litecoin futures will list in under 5 hours
[2015-08-05 07:25:06] BitMEX_Arthur : There is no need to have Litecoin to trade this future
[2015-08-05 07:25:12] BitMEX_Arthur : You only need Bitcoin
[2015-08-05 07:43:25] VanCleef : when can i trade bitmex shares on bitmex :P
[2015-08-05 07:43:45] BitMEX_Arthur : VanCleef: Ha we aren't trying to pick a fight with the SEC
[2015-08-05 07:47:58] VanCleef : yeh, i know one bitcoin startup that did and they got so 0wnd
[2015-08-05 07:53:51] BitMEX_Arthur : VanCleef: Who was that?
[2015-08-05 07:55:20] VanCleef : sandhillexchange
[2015-08-05 07:55:55] VanCleef : they pretty much offered future contracts on startups, uber, coinbase etc
[2015-08-05 07:56:19] VanCleef : they got caught out, fined, SH got pissed decided to dox some SEC people,got in some real trouble then
[2015-08-05 09:24:29] cengel : XBTQ15 lookin bit overpriced :)
[2015-08-05 12:00:45] BitMEX_Wally : `XLT7D` and `XBT7D` are now live
[2015-08-05 12:39:48] splash : @BitMEX_Arthur unplugged my ethernet yesterday. bitmex immediately presented a dialog of connection lost! no other exchange i know of do this. good job!!!
[2015-08-05 12:41:13] BitMEX_Wally : splash: BitMEX_Sam has built the best real-time website
[2015-08-05 12:41:36] splash : nice console greerings too ;)
[2015-08-05 12:41:43] splash : greeTings
[2015-08-05 12:42:02] splash : @BitMEX_Arthur @BitMEX_Wally it would be awesome if the Open Orders list printed info about margin call level IF orders were to open.
[2015-08-05 12:42:30] splash : that way I could enter orders and wouldnt have to calc a whole lot.
[2015-08-05 12:42:57] BitMEX_Wally : splash: That's an interesting idea
[2015-08-05 12:43:25] splash : ive not seen any other exchange do that.
[2015-08-05 12:43:51] BitMEX_Wally : We could certainly add that to the order entry control too
[2015-08-05 12:44:19] splash : the more info about what margin is they better i think, so that would be great
[2015-08-05 12:45:11] splash : another thing that would be kind of neat was if you could automate order entries. say you want to get an average price at 300, but you're not sure if its going to go all the way down, so you buy a little at 305 too... and perhaps at 295 to pick up some cheap coins too
[2015-08-05 12:45:53] splash : on most exchanges you have to make multiple entries manually. i thought of creating a bot for this sole purpose, but im to lazy ;-)
[2015-08-05 12:45:57] BitMEX_Wally : A way of layering the book?
[2015-08-05 12:46:01] splash : yes exactly
[2015-08-05 12:46:27] splash : that could be beneficial to you too, if more trades are created because of that
[2015-08-05 12:46:35] splash : not sure about that though
[2015-08-05 12:46:52] splash : if it would be more or less profitable for you. but it would be neat feautre
[2015-08-05 12:50:17] splash : generally speaking I like the userinterface very much. function and responsiveness, instead of bling bling (who cares about bling when trading)
[2015-08-05 13:00:38] splash : BitMEX_Wally: ETA for tradingview symbol?
[2015-08-05 13:01:09] BitMEX_Sam : splash: About a month ago, they said 7 days
[2015-08-05 13:01:22] BitMEX_Sam : So your guess is as good as mine. Apparently there are some issues with the latest upgrade to their system which we got rolled into
[2015-08-05 13:01:49] splash : BitMEX_Sam: i work with sw, so I appreciate what ur dealing with.
[2015-08-05 13:02:14] splash : (dependencies)
[2015-08-05 13:02:25] BitMEX_Sam : Yep :) At least when it's your code, you can take responsibility for it
[2015-08-05 13:07:09] splash : BitMEX_Sam: how come the ttrollbox is not in an iframe? would that not provide additional protection against xss?
[2015-08-05 13:07:35] splash : (something i always think of when i come visit exchanges with trollbox)
[2015-08-05 13:13:21] BitMEX_Sam : It wouldn't, actually, as same-origin iframes can still access `window.parent`, unless they use `sandbox`, which is a relatively new feature
[2015-08-05 13:13:43] BitMEX_Sam : I chose to use a strict CSP instead (which all modern browsers support), and very aggressive parsing and filtering of the messages
[2015-08-05 14:20:42] chrisxbt : yes very aggressive filtering
[2015-08-05 14:29:32] cengel : very fucking aggressive and fucking filtering
[2015-08-05 14:32:54] j8 : `<3`
[2015-08-05 14:33:58] j8 : \<censored\>
[2015-08-05 14:34:30] j8 : &btc
[2015-08-05 14:34:39] j8 : &btc;
[2015-08-05 14:35:25] j8 : ฿
[2015-08-05 14:35:49] j8 : Ƀ
[2015-08-05 14:35:52] chrisxbt : yeah fuck them
[2015-08-05 14:42:11] BitMEX_Sam : Well, you know, we have standards.
[2015-08-05 15:32:09] goat : LTC futures :D
[2015-08-05 15:32:46] goat : you guys should increase the USD entry for ltc futures to go out to the thousands place at least once liquidty improves
[2015-08-05 15:32:54] goat : ie x.xxx or x.xxxx would be even better
[2015-08-05 15:33:20] goat : obviously it doesn't matter now with low liquidity, but for the future
[2015-08-05 15:33:31] BitMEX_Sam : That's a good idea
[2015-08-05 15:33:44] BitMEX_Sam : Other alts will likely need that as well
[2015-08-05 15:36:06] goat : yeah, nothing to rush but just have on a list somewhere
[2015-08-05 15:59:36] splash : BitMEX_Sam: yea i was thinking of serving the iframe content from different domain. perhaps adding complexity only add more attack surfaces. i dont know. im not good at these things
[2015-08-05 16:03:12] splash : or just make a checkbox that people will have to fill in and where they promise they wont try anything. those things works at airport so why not here :-P
[2015-08-05 17:11:47] azurelake : Why is there no calendar spreads with XBT series?
[2015-08-05 17:18:39] BitMEX_Sam : We've found that the liquidity isn't there to make it worthwhile
[2015-08-05 17:50:05] chrisxbt : yup 0 volume on XBU calendar spreads
[2015-08-05 17:55:56] j8 : if the orderbook was sourced from the individual contract orderbooks, that would be cool.
[2015-08-05 17:57:56] azurelake : Yeah, an implicit book would be great!
[2015-08-05 18:11:15] j8 : maybe a little extra logic on the trading engine side
[2015-08-05 18:20:27] j8 : i mean anyone could write a bot to market make the cal spread, but they can't guarantee that both orders will be filled simultaneously
[2015-08-05 19:41:58] azurelake : It can work both ways, adding liquidity in the spread book also increase the displayed liquidity in the legs books, but this is a pretty complicated extra logic
[2015-08-05 20:01:00] BitMEX_Sam : Going the other way around would be quite tricky since a cal spread buy/sell is a buy/sell of two contracts simultaneously; a bot could simulate this to a degree with some slippage but it would not be possible for the trading engine to do so
[2015-08-05 20:16:22] j8 : it would have to be built in to the trading engine, to do two executions with nothing in between
[2015-08-05 20:20:03] BitMEX_Sam : Yeah, there might be a way to get it done by shuffling the orders around as the individual spreads change
[2015-08-05 20:54:52] miratrader : Thank you for adding XBT7D! Any chance of getting XBT24H?
[2015-08-05 22:48:46] goat : BitMEX_Sam: something to consider, idk how you would implement this though
[2015-08-05 22:49:12] goat : maybe a "favorite contracts" or something similar... the issue i'm trying to think around is the fact that my open positions and "watching list" are always pretty much the same
[2015-08-05 22:49:30] goat : navigation to a certian contract is very easy if i have an open position bc i can just click on that screen
[2015-08-05 22:50:00] goat : but if i don't have an open position, and it's a "favorite" contract of mine at the moment, it's a few more clicks to get there
[2015-08-05 22:50:13] goat : not a big deal at all, just something to consider for ease of UI navigation for users
[2015-08-05 22:51:56] goat : right now i either have to select it from the dropdown menu, or go to "closed positions"
[2015-08-05 22:52:14] goat : which isn't a big deal, just trying to think of something that may be a little bit easier