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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[2015-08-05 22:52:14] goat : which isn't a big deal, just trying to think of something that may be a little bit easier
[2015-08-05 23:00:25] BitMEX_Sam : The ticker bar is a bit easier,
[2015-08-05 23:00:31] BitMEX_Sam : We could do something like your last 5 selected positions up there.
[2015-08-05 23:04:26] goat : that would be on the simplified UI you are talking about?
[2015-08-05 23:05:04] goat : i mean, its not a major issue at all but im just thinking in terms of users interacting with the site now that your offerinces are becoming significantly more robust
[2015-08-06 00:21:21] TraderStefan : I'm really loving the continuous improvements that you guys are making. Great work.
[2015-08-06 00:23:57] BitMEX_Arthur : Thanks we appreciate all the user feedback
[2015-08-06 01:10:46] goat : BFX #rekt - https://www.reddit.com/r/BitcoinMarkets/comments/3fu35f/daily_discussion_wednesday_august_05_2015/ctt1wk6
[2015-08-06 01:10:59] goat : good thing bitmex doesn't do anything sketchy like that, professionals here
[2015-08-06 01:11:02] goat : :D
[2015-08-06 01:33:29] GAmma : Ha ...
[2015-08-06 01:33:51] GAmma : nevermind :-)
[2015-08-06 01:48:03] BitMEX_Arthur : goat: So what exactly did BFX do to deserve this rang?
[2015-08-06 01:48:05] BitMEX_Arthur : rant
[2015-08-06 01:48:20] goat : raised fees in a dick way
[2015-08-06 01:48:30] goat : due to their own incompetence
[2015-08-06 01:48:32] goat : its so obvious
[2015-08-06 01:55:06] goat : read the whole thread
[2015-08-06 02:10:10] BitMEX_Sam : goat: Just read it, I understand what they're trying to do by simplifying. It's too bad they didn't pay more attention to their tiers - it looks bad
[2015-08-06 02:10:39] goat : i understand it too, but its all in hindsight
[2015-08-06 02:10:51] goat : they dont do anything that traders actually want
[2015-08-06 02:11:00] goat : ie: fix the bugs in their exchange
[2015-08-06 02:12:21] goat : if they said: "this is our new fee schedule and we have a new trading engine implemented that works flawlessly, we had to pay a lot for it but it will provide the best possible experience in the industry to traders and the increased fees will reflect this exceptional experience" or something, obviously in better wording...
[2015-08-06 02:13:21] goat : or literally anything.. they are basically saying.. we have the same f;d up trading engine and aren't fixing it, instead we're just giving users USD refunds for our own mess ups and want to profit off people trading ltc now
[2015-08-06 02:14:05] goat : how can you tell users that you are charging them more when the only improvement that you have made is a new ui which people complain about nonstop and isn't necessarily an improvement at all bc orders are always messed up in it
[2015-08-06 04:25:14] cengel : anyone else noticed panels (especially orderbook and recent trades) not refreshing when changing contracts?
[2015-08-06 04:26:13] goat : cengel: it's happened to me before, but usually only after my computer/browser hasn't been restarted in a while
[2015-08-06 04:26:58] goat : i was having weird issues in general with a few sites (btc wisdom being another) and dont restart my computer ever. after a restart things seem to work perfectly. im talking like 50+ days without a restart though.
[2015-08-06 04:33:21] cengel : well for me its not that
[2015-08-06 05:12:59] lockhedge : cengel: have the same issue on mobile safari
[2015-08-06 06:06:42] BitMEX_Arthur : lockhedge: Thanks for telling us guys, we will take a look
[2015-08-06 07:00:09] GAmma : Hi arthur, do you have a minute?
[2015-08-06 07:00:19] BitMEX_Arthur : Sure
[2015-08-06 07:00:20] BitMEX_Arthur : how can I help
[2015-08-06 07:00:50] GAmma : I closed my first trade/contract today ... it is not apparent where/what the PnL was for the position
[2015-08-06 07:01:04] GAmma : doesn't look like my acct value cahnged ...
[2015-08-06 07:01:14] BitMEX_Arthur : Are you using the Basic or Advanced UI?
[2015-08-06 07:01:40] GAmma : micro position ... 1 contract XBT7D
[2015-08-06 07:02:06] GAmma : but I'm getting familiar with followin my positions & such ...
[2015-08-06 07:02:19] BitMEX_Arthur : On the options button, top right hand corner, please change the currency to XBt (Satoshi) let me know if you see anything now
[2015-08-06 07:02:52] BitMEX_Arthur : If you have XBT (Bitcoin) selected the change in pnl might be too small to be displayed
[2015-08-06 07:03:56] GAmma : u r a rockstar, thank you
[2015-08-06 07:03:58] GAmma : I see now
[2015-08-06 07:04:08] BitMEX_Arthur : Cool
[2015-08-06 07:10:46] GAmma : XBTQ15 "Mark Price" is 290.79
[2015-08-06 07:10:51] GAmma : what is that?
[2015-08-06 07:11:19] GAmma : nevermind, I found it
[2015-08-06 07:11:37] BitMEX_Arthur : Ok if you don't understand after reading the description ask us
[2015-08-06 07:12:27] GAmma : "Indicative Settlement Price + Fair Basis"
[2015-08-06 07:13:31] GAmma : I don't immediately understand that ...
[2015-08-06 07:15:08] GAmma : Index is BFX (basically)
[2015-08-06 07:15:26] GAmma : BFX is ~$280 now
[2015-08-06 07:15:33] BitMEX_Arthur : yes and we set an interest rate offset to basically match the last traded price
[2015-08-06 07:15:45] BitMEX_Arthur : it is intended to stop manipulation of the market when liquidity is low
[2015-08-06 07:16:09] BitMEX_Arthur : you can't trigger margin calls by aggressively trading, only a move in the underlying spot price can trigger margin calls
[2015-08-06 07:16:41] GAmma : so "Mark Price" right now is $280.07 + 'interest'
[2015-08-06 07:16:58] BitMEX_Arthur : Correct
[2015-08-06 07:17:54] GAmma : so BitMex futures trading wild won't themselves trigger margin calls
[2015-08-06 07:18:04] BitMEX_Arthur : correct
[2015-08-06 07:18:05] GAmma : you use 'Mark Price' to trigger
[2015-08-06 07:18:10] GAmma : ok ...
[2015-08-06 07:30:03] GAmma : thoughts on a Chinese version, to cater to mainland traders?
[2015-08-06 07:30:08] GAmma : distraction or worthwhile?
[2015-08-06 07:30:22] BitMEX_Arthur : GAmma: We will be spending the entire fall in China doing localisation
[2015-08-06 07:30:30] GAmma : cool
[2015-08-06 07:32:51] GAmma : I spent all of last year in Chengdu (more or less)
[2015-08-06 07:33:14] GAmma : lot of travel ...
[2015-08-06 07:33:23] GAmma : g'night
[2015-08-06 07:33:27] BitMEX_Arthur : Nite
[2015-08-06 07:50:15] TraderStefan : It's cool that my deposit address begins with 3BMEX. Just another sign of the attention to detail that BitMEX team have
[2015-08-06 07:50:38] BitMEX_Arthur : Wally will appreciate that compliment
[2015-08-06 08:04:09] dternyak : is there 2 factor here?
[2015-08-06 08:05:15] dternyak : found it.
[2015-08-06 08:48:51] BitMEX_Arthur : dternyak: Please let us know if you have any further questions.
[2015-08-06 09:45:42] MEXicano : is it possible to offer liquidity swaps to margin traders via bitmex?
[2015-08-06 09:50:23] BitMEX_Arthur : How would that work/
[2015-08-06 09:50:25] BitMEX_Arthur : ?
[2015-08-06 09:50:45] MEXicano : as it does on Bitfinex
[2015-08-06 09:51:00] BitMEX_Arthur : We don't do margin trading on a spot basis
[2015-08-06 09:52:21] MEXicano : all right
[2015-08-06 10:28:29] bitcoinsam : is there a way for me to calculate december futures given a hypothetical spot price?
[2015-08-06 10:28:38] bitcoinsam : XBT
[2015-08-06 10:29:10] bitcoinsam : i'm looking in the XBT pricing spreadsheet, but not sure if i need to move some things around
[2015-08-06 10:31:20] bitcoinsam : *calculate the price of dec. futures
[2015-08-06 10:42:29] slacknation : short ltc and make money, no calculation needed
[2015-08-06 11:20:06] cengel : weird, i had a position that i did not check "isolate margin" for but it is checked (and at 2.96x), after I closed a position which did have isolate margin checked
[2015-08-06 11:28:33] cengel : something must be off with my browser.
[2015-08-06 12:26:15] BitMEX_Arthur : bitcoinsam: Which spreadsheet are you using, Google or Excel?
[2015-08-06 14:35:59] cengel : we need to get the XBTQ15 guys over to XBT7D
[2015-08-06 14:44:16] GAmma : you'll start to see it next week cengel ...
[2015-08-06 14:50:15] cengel : why
[2015-08-06 14:51:11] GAmma : its not clear to me what you are trying to do bitcoinsam
[2015-08-06 14:51:50] GAmma : no need to 'calculate the price' of Dec contract - just check the quotes. That is the price.
[2015-08-06 14:52:47] GAmma : minimize trading costs ...
[2015-08-06 14:53:32] GAmma : I have a posn in the month-end contract
[2015-08-06 14:54:03] GAmma : doesn't make sense to pay the spread 2x to move that posn
[2015-08-06 14:54:47] GAmma : but new posns can be placed on the weekly ...
[2015-08-06 14:56:58] GAmma : actually pay the spread 3x, because this week's contract will expire in less than 24 hrs, so it will have to be rolled over
[2015-08-06 14:59:59] GAmma : by all rights the weekly contract here should take lots of market share from 796 Exchange ..
[2015-08-06 15:01:11] GAmma : guys said that in the Fall they intend to be in the PRC working on a localized (Mandarin) interface ...
[2015-08-06 15:01:25] GAmma : could be huge for volume here ...
[2015-08-06 15:02:22] GAmma : the guys are seasoned, and clearly can execute, so I'm excited for prospects ...
[2015-08-06 15:05:50] BitMEX_Sam : Yes, translation will be coming soon - requires a rework of how we handle some strings. We have people working on it as we speak
[2015-08-06 15:22:07] BitMEX_Sam : goat: Got you an early christmas present - see the new `Recent` section in the Ticker Bar
[2015-08-06 15:30:50] Trade_master_3000 : any word on tradingview charts yet?
[2015-08-06 15:35:24] BitMEX_Sam : I'll ping them again
[2015-08-06 16:03:29] BitMEX_Sam : I'll let you all know what I hear from them. It's been a very long time compared to what they estimated, I'm hoping that means that the update is due.
[2015-08-06 16:40:23] qwertyunion : can i deposit litecoin, or only bitcoin?
[2015-08-06 16:41:42] qwertyunion : to my personal deposit address
[2015-08-06 16:48:49] BitMEX_Wally : qwertyunion: You can deposit only Bitcoin
[2015-08-06 16:49:06] Murch : LTC futures! Thank you thank you thank you!
[2015-08-06 16:49:11] BitMEX_Wally : Then you can go long or short Litecoin or Bitcoin futures
[2015-08-06 16:49:45] qwertyunion : got it... and if i sent 1 litecoin to the address, any way to get it back, or lost in space?
[2015-08-06 16:50:48] Murch : Is it even possible to send LTC to a BTC address?
[2015-08-06 16:51:14] Kiran : With Shapeshift.io
[2015-08-06 16:51:19] Kiran : https://www.tradingview.com/chart/?symbol=BITMEX%3AXBTZ2015
[2015-08-06 16:51:24] Kiran : That was just working, but it is not now
[2015-08-06 16:51:28] qwertyunion : good news is it was only 1 but yeah, i did send 1
[2015-08-06 16:52:27] Murch : Ah bummer, I thought that got stopped as an invalid transaction.
[2015-08-06 16:53:07] qwertyunion : been confirmed 4 times, hasnt finalized yet, ill let u know
[2015-08-06 16:54:03] Murch : Well hopefully you get it back man.
[2015-08-06 16:54:36] qwertyunion : yeah, i feel like i should... well see
[2015-08-06 16:54:51] qwertyunion : worst case, it was a cheap experiment
[2015-08-06 16:55:06] Murch : True true
[2015-08-06 16:55:22] qwertyunion : yeah, confirmed, sent, finalzied
[2015-08-06 16:55:36] qwertyunion : so where is the 1 litecoin then?
[2015-08-06 16:56:26] qwertyunion : https://www.youtube.com/watch?v=6z9Cg46Nktw
[2015-08-06 16:56:34] Murch : If it's gone then nobody has it o_o
[2015-08-06 16:56:41] Murch : Do you have the txid?
[2015-08-06 16:57:31] qwertyunion : aee5f065cde89eee0f2c911e7da9203e2b8cf52bc71795120e32b84b3a7e5859
[2015-08-06 16:58:33] Murch : hmm, can't find it on blockchain.
[2015-08-06 16:59:03] qwertyunion : oh well
[2015-08-06 16:59:07] qwertyunion : now i know haha
[2015-08-06 17:00:21] j8 : https://github.com/litecoin-project/litecoin/issues/179
[2015-08-06 17:00:49] j8 : litecoin multisig addresses are indistinguishable from bitcoin multisig... fail
[2015-08-06 17:00:57] Kiran : Per Bitfinex: "Litecoin uses the same format for generating multisig addresses as Bitcoin (something that needs to be fixed by the Litecoin developers in my opinion). So when someone sends Litecoin to a multisig Bitcoin address (starting with a 3) the litecoin blockchain accepts it as if it is a regular Litecoin transaction. " Also from Bitfinex: "We need to manually convert the BTC private multisig private keys to LTC private key. It's not a guarantee we will be able to recover the LTC. We will do our very best and we will send you an update as soon possible."
[2015-08-06 17:02:23] BitMEX_Sam : Sorry you lost your LTC, I'll add a note to the deposit page about this.
[2015-08-06 17:02:52] Murch : Ah wow that is a fail.
[2015-08-06 17:03:02] qwertyunion : thanks. yeah should be more clear, especially since you guys are doing a big LTC push right now. obvioulsy my mistake, but still not great
[2015-08-06 17:06:09] Kiran : Has this always been available? https://www.tradingview.com/chart/XBTZ2015/
[2015-08-06 17:06:44] BitMEX_Sam : Looks like the integration is in progress.
[2015-08-06 17:11:10] BitMEX_Sam : Kiran: Where did you find that link?
[2015-08-06 17:13:45] j8 : showing up in the search on tradingview now.
[2015-08-06 17:21:58] j8 : sometimes. clearly in progress
[2015-08-06 20:54:11] BitMEX_Sam : It's gone again, being assured that release is very close.
[2015-08-07 01:57:01] TrevinHofmann : Is the key->address derivation different for LTC/BTC?
[2015-08-07 02:10:08] TrevinHofmann : (P2SH multisig)
[2015-08-07 02:34:28] j8 : apparently its pretty much the same, and it is possible to generate the corresponding ltc multisig address
[2015-08-07 02:35:46] j8 : er, ltc private keys for that address
[2015-08-07 11:00:47] darkshinyshadow : Liquidity
[2015-08-07 11:00:57] darkshinyshadow : has me be a bit :/
[2015-08-07 11:02:24] BitMEX_Wally : darkshinyshadow: Which contract?
[2015-08-07 11:03:14] darkshinyshadow : All of them to be honest - i feel like a whale could just come in and margin call everyone instantly.
[2015-08-07 11:03:31] darkshinyshadow : Orderblock makes me uncomfortbale
[2015-08-07 11:03:46] TraderStefan : Nah they have protection against that
[2015-08-07 11:03:50] darkshinyshadow : I am getting used to the UI though, not terrible.
[2015-08-07 11:03:57] darkshinyshadow : traderstefan; explain please.
[2015-08-07 11:04:00] BitMEX_Wally : The XBT, XLT, BVOL contracts are not marked to the last price, so you can't force margin calls
[2015-08-07 11:04:04] TraderStefan : margin calls based on mark price
[2015-08-07 11:04:17] BitMEX_Wally : They are marked to a fairPrice which is basically the spot price plus the implied interest rate
[2015-08-07 11:04:19] darkshinyshadow : mark price being spot?
[2015-08-07 11:04:27] darkshinyshadow : Gotch
[2015-08-07 11:04:28] darkshinyshadow : gotcha
[2015-08-07 11:04:32] darkshinyshadow : very interesting alfight.
[2015-08-07 11:04:44] darkshinyshadow : Well; still wish there were some more active traders here.
[2015-08-07 11:04:50] darkshinyshadow : Doing my best to bring people over
[2015-08-07 11:04:55] BitMEX_Wally : :)
[2015-08-07 11:04:59] BitMEX_Wally : We're growing
[2015-08-07 11:05:15] darkshinyshadow : OKCoin and Star can take their fake dildos and shove em where the sun don't shine.
[2015-08-07 11:05:17] BitMEX_Wally : We're gonna launch an Ethereum contract soon
[2015-08-07 11:05:17] TraderStefan : Yup
[2015-08-07 11:05:46] darkshinyshadow : I'll just change my name to ShillMEX_Shadow and we'll have the userbase over here in a week or two
[2015-08-07 11:05:53] darkshinyshadow : ( ͡° ͜ʖ ͡°)
[2015-08-07 11:06:29] darkshinyshadow : Surprised there isnt more ltc trading; given the fac tthat you dont need to hold ltc to trade it and the 15x.
[2015-08-07 11:07:05] TraderStefan : give it time
[2015-08-07 11:07:30] darkshinyshadow : Oh you know us Bitcoiners —
[2015-08-07 11:07:33] darkshinyshadow : we're all about patience
[2015-08-07 11:07:45] darkshinyshadow : :* only busting your chops, i know.
[2015-08-07 11:08:39] darkshinyshadow : If you truly want to strip away okcoin's userbase; i might suggest keep it 0% fees a bit longer than a month..
[2015-08-07 11:08:58] BitMEX_Wally : `XLT7D` has had 100 Bitcoin worth of turnover in the last 24 hours.
[2015-08-07 11:09:55] TraderStefan : fee is almost zero anyway. It's about one sixth of okcoin.com's fee
[2015-08-07 11:10:01] darkshinyshadow : oh
[2015-08-07 11:10:02] darkshinyshadow : neat.
[2015-08-07 11:10:13] darkshinyshadow : then let's do it.
[2015-08-07 11:10:14] darkshinyshadow : :D
[2015-08-07 11:11:26] darkshinyshadow : Interface is a bit daunting at first; but i do somewhat enjoy hwo when i look at the chart and i go to press open a position, i dont get my entire screen shifting down and lagging forcing me to fat finger like on okc.. >_>
[2015-08-07 11:12:37] BitMEX_Wally : We want to improve the platform as much as possible
[2015-08-07 11:12:40] BitMEX_Wally : We really appreciate your feedback
[2015-08-07 11:12:43] TraderStefan : Interface definitely better than a few months ago
[2015-08-07 11:12:56] darkshinyshadow : oof i added a couple indicators just to play around;
[2015-08-07 11:13:05] darkshinyshadow : anyway to reset to default in indicators
[2015-08-07 11:13:15] darkshinyshadow : dont know which i clicked an there's like 100
[2015-08-07 11:13:16] darkshinyshadow : lol
[2015-08-07 11:14:24] darkshinyshadow : Ah okay, reload of the page defaults. Cool.
[2015-08-07 11:18:02] darkshinyshadow : I find the volume bars to be a bit... ambiguous.
[2015-08-07 11:30:48] aaltc : hello
[2015-08-07 11:32:02] BitMEX_Wally : aaltc: Hello :)
[2015-08-07 11:32:10] aaltc : How are you today
[2015-08-07 11:34:35] BitMEX_Wally : I'm great. Waiting for Ethereum to start trading on spot exchanges
[2015-08-07 11:53:47] aaltc : Very cool
[2015-08-07 11:53:59] aaltc : Is there anyway to private message?
[2015-08-07 11:55:43] BitMEX_Wally : Not at the moment
[2015-08-07 11:56:24] BitMEX_Wally : We might add the ability to privately message and trade between users (i.e. off book block trades)
[2015-08-07 11:56:55] cengel : that would be cool!
[2015-08-07 11:57:15] aaltc : Neat; you guys dont have personal IRC accounts?
[2015-08-07 11:57:44] BitMEX_Wally : I don't use IRC much these days
[2015-08-07 11:58:33] aaltc : Gotcha
[2015-08-07 11:59:00] BitMEX_Wally : Test
[2015-08-07 11:59:04] aaltc : ( ͡° ͜ʖ ͡°) hello
[2015-08-07 13:05:28] Daneo : are you planning adding ETH?
[2015-08-07 13:08:19] BitMEX_Wally : Daneo: Yes, watch this space
[2015-08-07 13:48:10] darkshinyshadow : is there anyway to hedge ltc?
[2015-08-07 13:48:22] darkshinyshadow : or rather do cross margin
[2015-08-07 13:52:00] BitMEX_Wally : darkshinyshadow: Cross margin is enabled by default for all contracts, you can toggle it on and off, see the "Isolate Margin" tick box on a position
[2015-08-07 13:57:27] ksinvest : TradeBlock Websocket Docs https://api.tradeblock.com/markets/websocket/v1/
[2015-08-07 14:00:00] azurelake : It would be nice to see the real lost quantity because of a DPE rebalance
[2015-08-07 14:01:08] ksinvest : subscribing to {"action":"subscribe","channel":"orderbooks"} works as well on their public ws api, currently wss://socket.tradeblock.com/c2ebcf590f
[2015-08-07 14:01:14] BitMEX_Wally : azurelake: If you go to the Wallet History page you can see a `CashRebalance` that is your realised PNL https://www.bitmex.com/app/wallet
[2015-08-07 14:07:50] azurelake : Yes but my open positions entry prices have also changed and I am more interested in knowing my net PnL (i.e. 0.2 USD in the Rebalance Example)
[2015-08-07 14:10:27] hashman : CashRebalance -0.2742 XBT XBTZ15 Completed
[2015-08-07 14:10:33] hashman : wtf?
[2015-08-07 14:11:36] BitMEX_Wally : hasman: `XBTZ15` is rebalanced every Friday, all realised and unrealised pnl is paid to your wallet and then reset to 0
[2015-08-07 14:15:33] hashman : I see. so the -0.2742 is my loss by the position is still open? did it reset my entry price also?
[2015-08-07 14:15:53] BitMEX_Wally : Yes and yes
[2015-08-07 14:17:13] BitMEX_Wally : So everyone with a position in `XBTZ15` now has an avgEntryPrice of 324.67
[2015-08-07 14:22:19] azurelake : What has been the total system loss?
[2015-08-07 14:22:53] BitMEX_Wally : 0
[2015-08-07 14:23:12] BitMEX_Wally : https://www.bitmex.com/app/settlementHistory
[2015-08-07 14:23:31] BitMEX_Wally : You can see the Adjustment rate for each Rebalance on the Settlement History page
[2015-08-07 14:24:47] BitMEX_Wally : There have been no bankruptcies so far
[2015-08-07 14:26:01] azurelake : so far so good :-)
[2015-08-07 14:52:40] BitMEX_Wally : `ETH7D` is open for trading with 5x leverage. Refresh the page to see
[2015-08-07 15:07:03] j8 : ethereum cool. what is the source of the eth index?
[2015-08-07 15:07:18] BitMEX_Sam : j8: Kraken
[2015-08-07 15:29:41] ksinvest : BitMEX_Sam: not important, but maybe a small bug: settlement 2015-08-07 14:00:00 XBU24H Sell300 279.51 disappeared from "recent trades" on XBU24H
[2015-08-07 15:30:08] cengel : just bought some but i dont know what it is
[2015-08-07 15:34:11] BitMEX_Sam : ksinvest: From the recent trades list?
[2015-08-07 15:35:16] ksinvest : BitMEX_Sam: yes, it shows "2015-08-07 05:42:33 100 276.53" as most recent trade
[2015-08-07 15:35:27] chromaticcr : The ETH game will be fun
[2015-08-07 15:36:05] chromaticcr : putting leverage whie price discovery, more fun
[2015-08-07 15:36:22] cengel : well ive just become a ETH bull
[2015-08-07 15:36:27] cengel : so go go ETH
[2015-08-07 15:38:57] BitMEX_Sam : ksinvest: I'll check on it. In your local TZ 14:00:00 is in the future, no?
[2015-08-07 15:39:05] krach : hi
[2015-08-07 15:39:15] BitMEX_Arthur : krach: Hi
[2015-08-07 15:39:28] krach : can you explain liner vs. quanto futures
[2015-08-07 15:39:35] krach : ETH7D liner
[2015-08-07 15:39:48] BitMEX_Arthur : Ok so `ETH7D` is linear because each contract is worth 1 ETH
[2015-08-07 15:39:52] krach : right
[2015-08-07 15:39:58] krach : got it
[2015-08-07 15:39:59] BitMEX_Arthur : so say the ETHXBT rate is 0.01
[2015-08-07 15:40:09] BitMEX_Arthur : and then it moves to 0.02
[2015-08-07 15:40:15] ksinvest : BitMEX_Sam: ah, sorry my 14:00:00 is 12:00:00 UTC
[2015-08-07 15:40:26] BitMEX_Arthur : and i bought 100 contracts, I make 1 Bitcoin
[2015-08-07 15:40:36] krach : ok thanks
[2015-08-07 15:40:51] BitMEX_Arthur : And my Ether exposure is always 1 ETH, and my Bitcoin exposure tracks the % price change 1:1
[2015-08-07 15:41:30] BitMEX_Sam : Ah so that was the settlement tx.
[2015-08-07 15:42:34] ksinvest : BitMEX_Sam: yes settlement tx is missing, still is there in my trade history and on cryptowat.ch
[2015-08-07 15:44:38] chromaticcr : afaik, there will be big dump when GUI releases
[2015-08-07 15:44:48] ksinvest : cengel: now i want to quit reading all this complicated stuff about Ether and copy your strategy
[2015-08-07 15:45:17] BitMEX_Arthur : ksinvest: just go balls to the wall long
[2015-08-07 15:45:18] ksinvest : cengel: but all the cheap asks are already gone :)
[2015-08-07 15:45:26] chromaticcr : it is just intuitive for plenty of people to take profit when some of his asset has grown like 20x
[2015-08-07 15:48:42] krach : https://twitter.com/theog__/status/629680303133601792
[2015-08-07 15:58:27] chromaticcr : seems my order triggered 3 bot transactions.....
[2015-08-07 15:58:48] BitMEX_Sam : on ETH7D?
[2015-08-07 15:59:44] chromaticcr : yup
[2015-08-07 16:24:51] BitMEX_Sam : ksinvest: Thanks for pointing out the missing trade, it was a reporting issue on our backend; we've fixed it. No executions were modified, it was only a visual issue
[2015-08-07 16:43:31] ksinvest : BitMEX_Sam: thanks
[2015-08-07 17:22:11] cryptojoe : Hey guys. question about futures contracts.
[2015-08-07 17:23:00] cryptojoe : Is it basically just margin trading with a fixed time period. I've longed and shorted stuff but never anything that was formally called a future.
[2015-08-07 17:23:38] BDdomino : anyone know ether supply?
[2015-08-07 17:27:18] cryptojoe : BitMEX_Sam: ...and can a position be closed earlier than the contract period?
[2015-08-07 17:28:09] cengel : lol solid investment i made there. damn shitcoins
[2015-08-07 17:29:08] cryptojoe : BDdomino: i think they sold 16million in the presale and people have been mining all week. not positive about the numbers though. also potentially infinite total since no cap on how many will exist
[2015-08-07 17:33:32] BDdomino : can you sell ether short at any price im new to this?
[2015-08-07 17:34:17] cengel : as long as you got a dope like me willing to buy them yes
[2015-08-07 17:34:52] goat : hehe
[2015-08-07 17:36:30] mixmaxbit : I expect the ETH price to drop to 0.007 from the current of 0.009. How do I use the ETH7D to profit?
[2015-08-07 17:36:41] cengel : sell
[2015-08-07 17:37:37] KB : does some one want to buy ether?
[2015-08-07 17:37:39] mixmaxbit : so I have to set quantity (e.g. 10), and price to 0.007, and sell/short.
[2015-08-07 17:37:55] mixmaxbit : if I am right, what do I win?
[2015-08-07 17:38:05] goat : mixmaxbit: there are bids above .007 so you would sell into those firs
[2015-08-07 17:38:08] goat : mixmaxbit: there are bids above .007 so you would sell into those first
[2015-08-07 17:38:32] goat : then you have to either buy back or wait until settlement to realize profit/loss
[2015-08-07 17:38:45] KB : you win BTC
[2015-08-07 17:38:52] mixmaxbit : how much?
[2015-08-07 17:38:59] BitMEX_Wally : If you are long one contract and the price goes up 0.01 XBT then you make 0.01 XBT
[2015-08-07 17:39:17] BitMEX_Wally : If you are short 10 contracts and the price drops 0.01 XBT then you make 0.1 XBT profit
[2015-08-07 17:39:37] mixmaxbit : I just said I want to sell. Actually I want to make sure I could sell next week for 0.007. Is that the right tool?
[2015-08-07 17:40:04] mixmaxbit : The price cannot drop 0.01 XBT since it is already 0.009
[2015-08-07 17:40:15] mixmaxbit : or do I miss something?
[2015-08-07 17:40:42] BitMEX_Wally : If you short at 0.009 and the price drops to 0.008 then you make profit of 0.001 XBT
[2015-08-07 17:41:08] BitMEX_Wally : Shorting has a limited upside and an unlimited downside
[2015-08-07 17:41:25] BitMEX_Sam : Wow that is quite a crash happening on eth.
[2015-08-07 17:42:06] goat : BitMEX_Sam: was to be expected imo. what hasn't dumped out of the gate?
[2015-08-07 17:42:10] goat : literally everything i think
[2015-08-07 17:42:51] BitMEX_Sam : True
[2015-08-07 17:43:09] ksinvest : always have this strange feeling when ordering a pizza with bitcoin
[2015-08-07 18:01:14] KB : the .ETHXBT2H index does not load for me
[2015-08-07 18:09:35] aethlios : May I ask: Each eth7D contract is for 1 ethereum coin?
[2015-08-07 18:09:47] BitMEX_Sam : Yes
[2015-08-07 18:57:24] BitMEX_Sam : KB: .ETHXBT2H has no values yet because Ethereum just started trading today
[2015-08-07 18:57:29] BitMEX_Sam : It will get its first value at 12 UTC tomorrow
[2015-08-07 19:53:19] aethlios : BitMEX_Sam: Hi, also to ask you: If I want to go long 1 LTC, I have to buy around 4.2 contracts at current levels? Do I get it right? Thanks.
[2015-08-07 19:54:24] BitMEX_Sam : It's quanto, so it actually pays out 0.001 XBT per $1 LTC price
[2015-08-07 19:54:58] BitMEX_Sam : So at current levels each contract is worth roughly 0.0043 Bitcoin. It doesn't necessarily correlate to a certain number of Litecoin because that depends on the Bitcoin/Litecoin rate
[2015-08-07 19:56:36] BitMEX_Sam : So each contract, right now, is 0.0043 Bitcoin * $280.59 USD/Bitcoin = $1.20
[2015-08-07 20:00:53] aethlios : Ok I get it!!
[2015-08-07 20:03:37] ksinvest : seems the ETH central bank is defending 0.01 now
[2015-08-07 20:04:01] BitMEX_Sam : Ah we have a pushback.
[2015-08-07 20:06:54] cengel : ksinvest, then why not buy all the asks <0.01?
[2015-08-07 20:07:00] cengel : less than 0.01
[2015-08-07 20:09:25] ksinvest : bought some at 0.0089, after i already bought at 0.0126 ;)
[2015-08-07 20:10:00] cengel : im the 0.013 buys at the open lol i win
[2015-08-07 20:10:42] BitMEX_Sam : Thankfully they're small
[2015-08-07 20:29:11] ksinvest : glad that i did not put all my savings into ETH futures
[2015-08-07 20:52:24] cengel : i did :(
[2015-08-07 21:06:08] ksinvest : i went short BTC by ordering pizza (best trade of today), now i can at least shift some funds from my pizza budget to my gambling budget and enter the market again
[2015-08-07 22:33:50] winny : test
[2015-08-07 22:43:44] ksinvest : BitMEX_Sam: there is a problem with "Open Interest", my mm bot was counterparty to every trade on XBU24H today. Open Interest is shown as 300 but should be 257
[2015-08-07 22:44:18] atleticofa : ETH is gonna have a huge pump in the next hours. I know what I'm talking about
[2015-08-07 22:45:03] ksinvest : (if you don' t count the last trade one minute ago, now it shows 313 but should be 270)
[2015-08-07 22:47:42] miratrader : ksinvest, I thought those 42 and 1 trades were not your bot
[2015-08-07 22:48:16] miratrader : 13 was not your bot either if I'm not mistaken
[2015-08-07 22:48:38] ksinvest : 1 and 42 was mine, 13 wasn't
[2015-08-07 22:48:46] miratrader : ah, ok
[2015-08-07 22:49:31] miratrader : so 43 on the bid side is yours as well?
[2015-08-07 22:50:21] ksinvest : yes, and my position is 257 long now
[2015-08-07 22:51:41] miratrader : thanks, got it. BTW, how was your bot doing this week?
[2015-08-07 22:52:31] miratrader : I didn't have time to trade much or pay attention to XBU24H
[2015-08-07 22:56:07] ksinvest : monthly ROE is 16.3% now, i have the feeling that the bot is much better since you are not trading there
[2015-08-07 22:59:10] miratrader : thanks for the complement :-) you are safe until September :-) I was planning to run our algo bots here but we are moving to a new place and I won't have time to do that until Sept. 10 or so.
[2015-08-07 23:02:11] miratrader : will miss 0% fees unfortunately :-(
[2015-08-07 23:03:21] ksinvest : where are you moving to?
[2015-08-07 23:06:25] miratrader : same city, just a better apartment
[2015-08-07 23:08:16] ksinvest : ah, i thought you are moving your algos away from BitMEX to a new exchange ^^
[2015-08-07 23:20:32] cryptojoe : Will we get a spike in the price of ETH when poloniex, gatecoin and cryptsy start trading (probably around midnight EST)?
[2015-08-07 23:20:52] cryptojoe : I'm thinking we might get a little spike
[2015-08-07 23:39:57] j8 : we will see a lot of supply arrive all at once. will there be the demand to match it? thats the question
[2015-08-07 23:54:30] miratrader : ksinvest: no, we never had our algos running on BitMEX. We have them running on Finex, OKCoin and several other exchanges. I wanted to implement BitMEX API but it was always on back burner because liquidity is pretty bad here. It's getting better though, hope more people come here now for 25x leverage.
[2015-08-08 00:06:09] darkshinyshadow : :/ *sigh*
[2015-08-08 00:06:22] darkshinyshadow : feel like i'm just trading against myself on ltc
[2015-08-08 00:15:28] GAmma : someone get me up to speed on Ethereum? It just launched?
[2015-08-08 00:15:40] GAmma : why do we need another coin?
[2015-08-08 00:18:42] GAmma : My friends/family cringe if I mention Bitcoin. No way I'm mentioning 'Ether' ... lol.
[2015-08-08 00:20:32] j8 : they had a presale like a year ago, it's just launching now
[2015-08-08 00:21:33] j8 : i'm have only followed it a little bit, trying to get caught up on everything.
[2015-08-08 00:22:08] GAmma : https://www.youtube.com/watch?v=0FEU45CXInk&feature=youtu.be
[2015-08-08 00:22:25] GAmma : on the video the guy just said 'homomorphic encryption.'
[2015-08-08 00:22:33] GAmma : kid you not
[2015-08-08 00:22:36] GAmma : wtf
[2015-08-08 00:22:45] cryptojoe : j8: launched last weekend. people mined. but no transactions until today. Trade started at kraken, but not launching at poloniex and gatecoin until tonight around midnight EST
[2015-08-08 00:23:13] lockhedge : i guess it's more another chain for smart contracts than another coin, something like http://www.dogeparty.io/
[2015-08-08 00:23:52] GAmma : I have to google 'wtf is a smart contract' ... lol
[2015-08-08 00:23:58] cryptojoe : Oh, and promisary notes for ETH (called ETC) are at bittrex. i was buying and selling them all week.
[2015-08-08 00:24:43] GAmma : but seriously, what is novel or exciting about Ethereum if you don't own any presale?
[2015-08-08 00:25:09] GAmma : sounds like there is just a lot of early investors who need to sell their stake
[2015-08-08 00:25:28] GAmma : heck, they already got a 10-bagger
[2015-08-08 00:25:39] GAmma : so I read ...
[2015-08-08 00:29:53] GAmma : Index is 2-hr time weighted avg price of Ethereum. Must be Kraken?!?
[2015-08-08 00:31:30] j8 : yes it is kraken. yeah, i'm thinking it could dump hard, has nearly the market cap of LTC at this price
[2015-08-08 00:31:30] lockhedge : yes reference exchange is kraken
[2015-08-08 00:34:18] cryptojoe : wish i could have shorted it earlier today. i'm expecting miners and pre-sale buyers to be racing to cash in.
[2015-08-08 00:38:08] lockhedge : why should pre-sale buyers and miners not believe in Ethereum anymore?
[2015-08-08 00:40:03] GAmma : one can believe in something and still recognize it is overvalued
[2015-08-08 00:42:46] cryptojoe : lockhedge: they should and do believe in it. they just want to make a profit. wait for everyone else to do so as well, and then buy back at a much cheaper price
[2015-08-08 00:43:27] j8 : i'd say its pretty high risk for new buyers at this price, there's a lot that could go wrong or underdeliver
[2015-08-08 00:43:57] Blargwaffle : Seeing they'll go Proof of Stake eventually, I lost interest.
[2015-08-08 00:44:23] cryptojoe : They paid something like 1 btc for 2000 ETH. Now ETH is selling as high as .01btc/ETH. That's huge profit
[2015-08-08 00:45:21] cryptojoe : 20x profit
[2015-08-08 00:45:39] cryptojoe : hard not to sell even if you believe in it.
[2015-08-08 00:47:20] cryptojoe : Blargwaffle: yeah proof of stake seems undemocratic.
[2015-08-08 00:53:34] cryptojoe : BitMEX_Sam: Hi Sam. Can i ask you a queston about the volatility investments?
[2015-08-08 00:53:47] cryptojoe : You still around?
[2015-08-08 00:55:20] cryptojoe : if within the period the price goes up ten and then down ten do you get paid for $0 movement or $20?
[2015-08-08 00:55:39] BitMEX_Arthur : cryptojoe: Hi
[2015-08-08 00:55:55] cryptojoe : BitMEX_Arthur: HI
[2015-08-08 00:56:08] BitMEX_Arthur : Please read https://www.bitmex.com/app/seriesGuide/BVOL
[2015-08-08 00:56:19] BitMEX_Arthur : It describes the calculation formula for volatility
[2015-08-08 00:57:28] Blargwaffle : Make an IV instrument based on Coinut options...~
[2015-08-08 01:03:44] GAmma : based on Coinut options ... that would be deeply problematic I think ... can't see Bitmex doing that ...
[2015-08-08 01:05:53] Blargwaffle : I know, lack of volume. Can't find another place to get my options fix, though.
[2015-08-08 01:07:43] GAmma : not volume. There are only ~2 market makers. Maybe one for binary/vanilla each
[2015-08-08 01:07:54] GAmma : they can walk any minute
[2015-08-08 01:08:07] GAmma : and their quotes reflect their measure of volatility
[2015-08-08 01:08:27] GAmma : using their quotes to est. volatility doesn't get u anywhere
[2015-08-08 01:09:10] GAmma : Bitmex guys know what they are doing with this I think ...
[2015-08-08 01:10:43] GAmma : but yeah, I get my fix at Coinut too ... lol
[2015-08-08 02:12:18] chromaticcr : lol
[2015-08-08 02:13:04] chromaticcr : wished I've had opened more position
[2015-08-08 05:26:47] cloud : ZzzzzzZzzzzZzzzzz
[2015-08-08 06:49:02] splash : my entry level on a contract was like at 310, if im not remembering correctly, and now its like 324
[2015-08-08 06:49:19] splash : is there some kind of adjustment happening also with december contracts?
[2015-08-08 06:51:13] splash : checked the logs, i got a fill basically 310 and sold 30% at 323 and now the open position says entry price is 324
[2015-08-08 06:53:00] splash : the quesion is: why is entry price closer to 320 and not 310
[2015-08-08 06:55:21] splash : CashRebalance today.
[2015-08-08 06:56:15] splash : so that explains it
[2015-08-08 07:32:41] krtek.net : yep, most contracts are rebalanced on friday, replacing entry price with mark price and the diffrence goes to your wallet.
[2015-08-08 07:54:26] cengel : so that you dont have to wait until december for the profit to be available for withdrawal
[2015-08-08 08:10:55] j8 : `ETH` basis adjustment just liquidated someone?
[2015-08-08 08:11:43] cengel : lol im glad i cut my losses at 0.01 after yoloing 0.013
[2015-08-08 08:11:53] cengel : i thought shitcoins are supposed to pump in start and then dump later?
[2015-08-08 08:12:16] j8 : this is an unusual situation.
[2015-08-08 08:12:27] j8 : kraken is dysfunctional.
[2015-08-08 08:12:41] cengel : that's some sick turnover on the contract though
[2015-08-08 08:12:52] cengel : have a feeling bitmex will be adding more random contracts like that
[2015-08-08 08:13:37] cengel : the LTC contract too
[2015-08-08 08:13:43] cengel : XLT7D
[2015-08-08 08:25:52] chromaticcr : closed my ETH short too soon....
[2015-08-08 08:50:35] BitMEX_Arthur : It's dropping like a stone
[2015-08-08 08:50:40] BitMEX_Arthur : 50% below spot
[2015-08-08 08:50:48] j8 : look at poloniex.
[2015-08-08 08:52:51] j8 : kraken is still not releasing ETH, i think
[2015-08-08 09:03:56] j8 : BitMEX_Arthur: it may have been a bit crazy to open a futures market the same day spot trading opens
[2015-08-08 09:11:14] krtek.net : Where can I send a bugreport? (non-security)
[2015-08-08 09:14:17] krtek.net : I will just submit a support ticket
[2015-08-08 09:14:18] cengel : we usually just say it here in chat, @krtek.net
[2015-08-08 09:18:31] krtek.net : never mind, it's not a bug acctually.
[2015-08-08 09:19:26] j8 : mark price just flashed to 0.0033 on `ETH`
[2015-08-08 09:21:20] j8 : because kraken flashed to 0.006
[2015-08-08 09:26:09] krtek.net : is it possible to get charts on tradingview? I cannot find them despite here it says, they should be there.
[2015-08-08 09:32:55] chromaticcr : lol
[2015-08-08 09:33:24] chromaticcr : didn't expect as intense
[2015-08-08 09:33:41] chromaticcr : and as quick
[2015-08-08 09:33:58] chromaticcr : once a GUI of ETH came out, expect more dump XDD
[2015-08-08 09:38:10] horlicks : 32% DPE adjustment, owch
[2015-08-08 09:38:25] j8 : yeah better go back up
[2015-08-08 09:40:12] j8 : it will be less if it settles higher than this. i think 0.0061 was a big liquidation
[2015-08-08 09:44:43] j8 : and if it's going down.. not worth trading
[2015-08-08 09:45:20] KB : why not? If it goes down to 0.001?
[2015-08-08 09:46:03] KB : anyone who bought the presale makes a profit down to 0.0005
[2015-08-08 09:48:27] j8 : oh just talking about the socialized losses racking up on `ETH7D`
[2015-08-08 09:48:54] KB : well, I had the largest short position on that
[2015-08-08 09:49:07] KB : so I think I will have to deal with that
[2015-08-08 09:49:18] j8 : you were liquidated?
[2015-08-08 09:49:24] j8 : oh sorry
[2015-08-08 09:49:40] KB : I was just taken out with a big profit
[2015-08-08 09:49:59] j8 : whoa
[2015-08-08 09:50:11] KB : 0.0027 was my exit order
[2015-08-08 09:50:14] j8 : you sure were
[2015-08-08 09:50:24] KB : got in at 0.009
[2015-08-08 09:50:28] j8 : nice
[2015-08-08 09:51:00] KB : I was planning to take on a larger position, but there was not enough liquidity
[2015-08-08 09:51:30] j8 : whoever just opened at .0026-0.0027 has balls
[2015-08-08 09:52:14] KB : well, it might still drop hard
[2015-08-08 09:53:17] KB : there is a bit of bid depth on Kraken around 0.0036, but you have to remember that there is 80 million ether ready to be sold
[2015-08-08 09:53:49] KB : if they smash that wall, it might reach 0.001 very quickly
[2015-08-08 09:56:21] j8 : could definitely happen, that's around the IPO price in USD isn't it?
[2015-08-08 09:56:55] KB : I think so
[2015-08-08 09:57:14] chromaticcr : big drop, socialization is still less than OKC_LTC
[2015-08-08 09:57:33] chromaticcr : such sarcasm
[2015-08-08 09:59:04] j8 : yeah the mark price thing failed pretty bad on this one.
[2015-08-08 09:59:14] cengel : lol
[2015-08-08 09:59:36] cengel : so glad i didnt just go long and walk
[2015-08-08 09:59:41] chromaticcr : shorted 1 cont/ at 0.013, closed at 0.007
[2015-08-08 09:59:46] chromaticcr : pity
[2015-08-08 10:00:01] chromaticcr : missed a big chumck
[2015-08-08 10:00:22] cengel : lol i went long 10 at 0.0130 . i made history by going long the top on the first ETH contracts here
[2015-08-08 10:00:30] j8 : i was unprepared, spent too long reading up about smart contracts and missed some good trading.
[2015-08-08 10:00:45] chromaticcr : all i know is 2000-1337ETH/BTC
[2015-08-08 10:00:55] chromaticcr : 20x return is too good for 99% of the people
[2015-08-08 10:01:03] chromaticcr : of course they will dump
[2015-08-08 10:01:47] chromaticcr : look back to stuff like BTS and bunch of other crowdsale, none of them reached as high.
[2015-08-08 10:02:15] cengel : yea i didnt do any homework at all. i thought 'oh bitmex is adding it maybe it has potential'
[2015-08-08 10:02:29] chromaticcr : lol
[2015-08-08 10:02:40] j8 : seeing the market cap as high as litecoin's convinced me.
[2015-08-08 10:02:45] cengel : i assume it was fellow tards like me who took the opposite of all those trades here :)
[2015-08-08 10:02:46] j8 : that it would dump
[2015-08-08 10:03:32] chromaticcr : i knew about the crowdsale back then, but I didnt invest
[2015-08-08 10:03:49] chromaticcr : the team's working method is a bit too sketchy for me
[2015-08-08 10:05:53] chromaticcr : IMHO, ETH is not at rock bottom yet, we have to wait until the human useable version (with a nice UI) to come out, then we will see it
[2015-08-08 10:17:38] splash : The ETH contract, is it backed by bitmex or something? Or is is more of a prediction market?
[2015-08-08 10:19:19] j8 : the second
[2015-08-08 10:20:36] BitMEX_Wally : The `ETH7D` contract is speculative, and settled in accordance to our Dynamic Profit Equalisation
[2015-08-08 10:21:13] splash : I @BitMEX_Wally thanks for the info!
[2015-08-08 10:21:23] splash : great thing u added it, by the way
[2015-08-08 10:22:16] BitMEX_Wally : Yes, it's been interesting watching the future trade vs spot
[2015-08-08 10:22:45] BitMEX_Wally : The market knew that ETH was overvalued and could communicate that by shorting the future.
[2015-08-08 10:28:07] splash : BitMEX_Wally: yea this was one of the reasons i was asking about whether it was being backed or not. i believe in prediction markets, but only if the liquidity and traders are there to take advantage of miss-pricing
[2015-08-08 10:29:07] BitMEX_Wally : Well, it is cash settled on the underlying Kraken price, so anyone can arb it
[2015-08-08 10:29:43] splash : BitMEX_Wally: yea great to see that it work also in practise
[2015-08-08 10:30:34] BitMEX_Wally : If I was thinking of going long on Kraken, I could instead just go long `ETH7D` and get a 25% discount
[2015-08-08 10:30:58] cengel : DPE throws a wrench in the arb though
[2015-08-08 10:31:58] BitMEX_Wally : Yeah, so that 25% profit would be adjusted to 17% profit
[2015-08-08 10:32:03] BitMEX_Wally : But a profit is still a profit :)
[2015-08-08 10:32:43] splash : funny to see eth spot drop. for all the hype and good intentions, the market does what it does
[2015-08-08 10:32:53] BitMEX_Wally : What was the IPO price?
[2015-08-08 10:34:05] j8 : 0.0005 to 0.00075 ish
[2015-08-08 10:34:13] j8 : note the extra zero.
[2015-08-08 10:34:15] splash : BitMEX_Wally: it was a layered thing where price rised the longer just waited. i dont know what the average was. still, i would have though price would go up n up n up
[2015-08-08 10:34:24] atleticofa : ETH is going to 0.002
[2015-08-08 10:34:31] atleticofa : if not more
[2015-08-08 10:34:52] splash : j8: thanks
[2015-08-08 10:35:34] j8 : it's worth noting that the btc price was like double then.
[2015-08-08 10:37:16] j8 : so whose idea was the 0.01 valuation?
[2015-08-08 10:42:16] chromaticcr : supply demand
[2015-08-08 10:43:26] chromaticcr : supply is little since 1: Kraken trading requires ID verification. 2: Most people dont know how to control a command line and withdrawl their ETH
[2015-08-08 10:55:19] atleticofa : supply is not little