This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2016-06-13 00:47:49] 1QaZxSw2 : does dpe affect shorts too?
[2016-06-13 00:48:02] arbitrage001 : BitMEX_Arthur: the cap will be hit soon
[2016-06-13 00:48:10] BitMEX_Arthur : 1QaZxSw2: It affects anyone with a realised profit, earnings from funding are not subject to DPE
[2016-06-13 00:48:14] arbitrage001 : BitMEX_Arthur: possibly today if not tomorrow
[2016-06-13 00:48:35] 1QaZxSw2 : so what happens when it hits cap? bitmex is going to pay the shortfall?
[2016-06-13 00:48:46] arbitrage001 : premium is still rather large, and there is no sign of bulll stopping
[2016-06-13 00:49:16] Mr Blue : And you guys missed the action well talking we just hitt 693 here
[2016-06-13 00:49:26] BitMEX_Arthur : 1QaZxSw2: No the cap is the cap
[2016-06-13 00:50:58] Mr Blue : how in the world of god can the Yen of gone up against the Bitcoin, I got to call bullshit on that one
[2016-06-13 00:51:15] 1QaZxSw2 : if this rally goes into mid-july till the halvening, you guys need to figure out how to avoid a 30%+ DPE
[2016-06-13 00:51:43] 1QaZxSw2 : Mr Blue XBJ is just bots for now
[2016-06-13 00:52:08] 1QaZxSw2 : i suggest you dont trade it till its official
[2016-06-13 00:52:20] Yumi : put 5% funding fee per hour for longs = no more premium
[2016-06-13 00:52:42] Mr Blue : 1QaZxSw2: I was +100 ROE now -308 not happy as no way Yen has increased lol
[2016-06-13 00:53:17] 1QaZxSw2 : as much as the DPE sucks, the swap is the most liquid and real product
[2016-06-13 00:53:44] Mr Blue : its saying Yen spot has increased 0.71% how when Bitcoin has increased makes 0 sense
[2016-06-13 00:56:03] Yumi : to talking about mark price?
[2016-06-13 00:56:51] Mr Blue : Yen should be down against the Bitcoin by at least 4262.98 Yen
[2016-06-13 00:57:36] Yumi : if you mean mark price you have to understand how each contract is marked
[2016-06-13 00:57:55] BitMEX_Arthur : Mr Blue: `XBJ24H` uses the Bitcoin / Yen price from Quoine
[2016-06-13 00:57:56] Yumi : but it doesnt matter, just have to focus on order book
[2016-06-13 00:59:57] Mr Blue : BitMEX_Arthur: so your saying every jap just got more buying power? I still don't see how Yen increased against the Bitcoin, but I'm only short 100 yen contacts anyways, I'll be sure to check out quoine mate
[2016-06-13 01:00:36] BitMEX_Arthur : Mr Blue: It's an exchange rate, if the Yen weakens against USD, then Bitcoin will be more expensive in Yen terms all else being equal
[2016-06-13 01:00:52] BitMEX_Arthur : Similar to how there is a premium for XBTCNY because CNY is weakening against the USD
[2016-06-13 01:01:21] REKT : Liquidated long on `XBJ24H`: Sell 1 @ 71375.00000 :punch: :whale:
[2016-06-13 01:02:47] Mr Blue : BitMEX_Arthur: I thought it was bitcoin against yen, not sure how $ got in the mix but guess I should of researched the contract more before jumping in, my thinking was Bitcoin goes up, it costs more yen to buy it, thats why I shorted yen
[2016-06-13 01:02:59] lockhedge : Mr Blue: if you are short XBJ24H you are short Bitcoin and long Yen
[2016-06-13 01:03:24] Mr Blue : lockhedge: WTF
[2016-06-13 01:03:45] lockhedge : it's XBT/JPY not JPY/XBT
[2016-06-13 01:05:53] stf28 : i never understand why witheld profit limits bidding
[2016-06-13 01:06:15] Yumi : because they might take cut of your profits
[2016-06-13 01:06:30] Yumi : and if you lose it what are they gonna take?
[2016-06-13 01:07:20] stf28 : yeah but witheld contains already relaised profit from the day, so why not deduce the loss from it ?
[2016-06-13 01:07:29] Mr Blue : Dude I wanted to short the Yen WTF! @lockhedge so how could buying yen help me to short it?, I sold it... confused lol
[2016-06-13 01:08:07] stf28 : if you trade all your margin back and forth at the end of the day you can't place orders
[2016-06-13 01:09:00] j8 : your initial margin isn't withheld. just profits
[2016-06-13 01:09:18] Yumi : if you trade different contracts its possible yes, but profits/losses from same contract add up
[2016-06-13 01:10:26] j8 : yes, it's a big issue across contracts, especially when we have a big move on the weekend and there's still 5 days until rebalance
[2016-06-13 01:10:44] Yumi : if you have 1 btc and lose 1 btc in swap but also make 1 btc in june contract you will end up with 1 btc in withheld profit
[2016-06-13 01:11:09] j8 : yup. story of my life
[2016-06-13 01:11:11] Mr Blue : lockhedge: if it's XBT I shorted how come I'm -100, surely that's Yen, or at least that's how the offer apeared to me.
[2016-06-13 01:11:17] micmix : lockhedge: how's your MM today? making up for yesterday I hope
[2016-06-13 01:11:21] stf28 : yeah even in one contract
[2016-06-13 01:12:10] stf28 : if you come with 1, make 2, lose 1 you can't play anymore how is that?
[2016-06-13 01:12:47] Yumi : j8: I remember rolling short on daily while having long in monthly and yea ended up with huge withheld profit
[2016-06-13 01:12:47] lockhedge : Mr Blue: if you have a position of -100 XBTJ24H, you are 100 contracts short XBT vs. Yen https://www.bitmex.com/app/contract/XBJ24H
[2016-06-13 01:13:27] Mr Blue : lockhedge: reading now mate brb
[2016-06-13 01:15:15] Yumi : stf28: I cant see your account but there must be something you are missing since it doesnt work that way
[2016-06-13 01:16:38] lockhedge : micmix: couldn't win any losses back yet, but at least the bleeding could be stopped for now.
[2016-06-13 01:16:42] Mr Blue : m fuders, and none of you guys could of told me this when I said I was shorting yen hours ago... guess I sell the crap at a loss
[2016-06-13 01:17:07] stf28 : Yumi: yeah there are lots of things i'm missing
[2016-06-13 01:17:31] stf28 : and they all cost money, never profit ^^
[2016-06-13 01:17:46] Mr Blue : buy back**
[2016-06-13 01:18:54] micmix : lockhedge: I ended up in green yesterday with about 20% of normal daily profit, today looks like about 150% of regular profit
[2016-06-13 01:18:54] Mr Blue : ahh was only cheap anyways lol silly me
[2016-06-13 01:18:58] Yumi : if there are things you dont understand about your account you might always open ticket to support and they might explain it to you as they can see whole picture @stf28
[2016-06-13 01:19:21] Yumi : support is always very helpful
[2016-06-13 01:20:32] stf28 : thanks, i prefer feeling raped
[2016-06-13 01:20:35] Mr Blue : Yumi: +1 but many like to cry in chat, but at least crying noobs shows exchange user growth lol
[2016-06-13 01:21:00] stf28 : i'm french, I need to complain
[2016-06-13 01:21:05] Mr Blue : not calling anybody a noob, was refereing to my self lol
[2016-06-13 01:21:52] stf28 : not a noob, 4th bubble for me ^^
[2016-06-13 01:22:22] stf28 : bitcoin i mean
[2016-06-13 01:22:49] Mr Blue : stf28: cool, I've also been in Bitcoin for years, just new to this place
[2016-06-13 01:23:10] micmix : who's buying sep. for $875?
[2016-06-13 01:23:23] 1QaZxSw2 : insane price
[2016-06-13 01:24:28] 1QaZxSw2 : as they said, hard to price quantos beyond like a week
[2016-06-13 01:24:31] messiaen8844 : oh, didn't see XBJ contract
[2016-06-13 01:24:32] stf28 : type this in your XBTUSD calculator for fun... 875$ x number of contracts you own
[2016-06-13 01:25:07] Yumi : somebody got smart and knows it is still better deal than paying 2-3% daily funding on swap
[2016-06-13 01:28:05] messiaen8844 : please make a BLOG post about XBJ
[2016-06-13 01:28:32] micmix : 1QaZxSw2: joequant had a formula for pricing quantos based on volatility, I have it somewhere. j8 probablu knows it by heart :wink:
[2016-06-13 01:28:43] j8 : i sure do
[2016-06-13 01:29:01] Yumi : Arthur said they will once everything is live, they are going to offer it to traders at quoine (jpn exchange)
[2016-06-13 01:29:03] Mr Blue : messiaen8844: if you want to short Yen you must buy, don't make my mistake and sell lol
[2016-06-13 01:29:06] j8 : it's `exp(2*t*sigma^2)`
[2016-06-13 01:30:52] Yumi : guys lets be real, any price below 1K for sep. is basically buying for free
[2016-06-13 01:30:55] lockhedge : micmix: it seems that my losses were partly caused because my spread was too wide. i had a relatively low trading frequency so inventory risk became much higher. paradoxically a tighter spread would have resulted in less risk/losses
[2016-06-13 01:33:17] Yumi : so we gonna have 0,8% funding and premium on swap is still about 2%
[2016-06-13 01:33:50] Yumi : I said, nobody wants to arbitrage it because profit cut risk
[2016-06-13 01:33:50] j8 : and the funding rate will go up next period
[2016-06-13 01:34:13] Yumi : no DPE = no premium
[2016-06-13 01:34:33] Yumi : i mean no being subject to DPE at all, not just outstanding
[2016-06-13 01:34:39] rapidtrades : PBOC sets yuan at 6.58
[2016-06-13 01:34:40] j8 : premium is what caused the DPE, silly
[2016-06-13 01:36:03] Yumi : mark price below $10-15 to the book caused dpe
[2016-06-13 01:36:24] micmix : lockhedge: yes, it's always like this. there is an optimal spread, for bitmex it's very close to zero bc of the maker rebate
[2016-06-13 01:36:50] rapidtrades : 03:34 - rapidtrades: PBOC sets yuan at 6.58
[2016-06-13 01:37:11] j8 : should we be freaking out @rapidtrades
[2016-06-13 01:37:25] rapidtrades : looks like china doesn't care about weaker yuan
[2016-06-13 01:38:05] rapidtrades : onshore was 6.55 ofshore 6.60..so they moved the onshore rate to 6.58
[2016-06-13 01:39:05] rapidtrades : my interpretation is they won't fight a weaker yuan this time
[2016-06-13 01:45:08] lockhedge : will be interesting to see if the other exchanges will follow BitMEX up again after the mark price rises 1.125% at next funding
[2016-06-13 01:45:23] Mr Blue : lol weaker yuan = more exports, usd is in a fight with the yuan to the bottom, but seen as the global elites control both countries I don't think that's the reaon, I think it's fair to say BITCOIN :-) and also maybe they think billionaires are becoming too numerus, an need to take a cut in buying power, but bitcoin and blockchain also works greatly in the elites favour in many respects.. money that can't be forged, worst case step closer to a chip in your childrens hands
[2016-06-13 01:46:47] Mr Blue : but hell as long as we all get rich in the process lol
[2016-06-13 01:47:01] Yumi : lockhedge: yea last pump was on point with bitmex funding roll, what a coincidence
[2016-06-13 01:49:01] rapidtrades : BitMEX_Arthur: mark on june is way off
[2016-06-13 01:50:26] BitMEX_Arthur : rapidtrades: will take a look
[2016-06-13 01:51:36] lockhedge : aren't the futures using the impact mid price?
[2016-06-13 01:51:57] rapidtrades : they should but its adjusted manually
[2016-06-13 01:52:48] Yumi : I believe they do and its automatic process
[2016-06-13 01:53:15] j8 : spreads need to be tight enough
[2016-06-13 01:53:26] REKT : Liquidated short on `XBTU16`: Buy 4000 @ 841.46
[2016-06-13 01:55:23] Yumi : damn @lockhedge did you manipulate books and rekt somebody out of 4K contracts? ;)
[2016-06-13 01:56:07] j8 : bids over 830 are real
[2016-06-13 01:56:58] j8 : june, there's just nothing
[2016-06-13 01:57:19] j8 : bids $2 above spot.. come on
[2016-06-13 01:58:31] Yumi : shh dont say bad words about monthly or arthur gonna remove it
[2016-06-13 01:58:37] 3aum : what is the usual funding rate?
[2016-06-13 01:59:52] Yumi : sometimes its 0.05% a day, sometimes its 0,8% per 8hrs, just swap things
[2016-06-13 02:00:13] Blargwaffle : Jesus that was a fast leverage increase.
[2016-06-13 02:01:32] 3aum : is there an average rate funding rate over the past 30 days?
[2016-06-13 02:02:28] j8 : 3aum: the system to set it just changed last night, so that wouldn't be useful
[2016-06-13 02:02:41] 3aum : yea, i saw that
[2016-06-13 02:02:46] Yumi : ok so before the pump it was about 0.05% a day but today they changed how funding rate is being calculated and now it included the premium rate
[2016-06-13 02:03:23] Yumi : https://www.bitmex.com/app/index/.XBTUSDPI8H
[2016-06-13 02:03:32] Yumi : historical premium
[2016-06-13 02:04:14] 3aum : thanks
[2016-06-13 02:04:21] Yumi : best I can do
[2016-06-13 02:07:18] 3aum : and to get the funding rate, you just do 1x leverage sell/short?
[2016-06-13 02:07:54] Yumi : you have to understand it well before doing it
[2016-06-13 02:08:06] 1QaZxSw2 : whats the difference between cross and 1x
[2016-06-13 02:08:25] 3aum : right, i basically want the equivalent of USD in here, while getting funded
[2016-06-13 02:08:40] 3aum : it seems like that is possible right?, w/o losing any USD value?
[2016-06-13 02:08:40] Yumi : there is profit cut risk first of all
[2016-06-13 02:08:50] j8 : Cross uses any available balance as margin, i.e. as low of leverage as possible @1QaZxSw2
[2016-06-13 02:09:10] miramm1115 : Yumi: no profit cuts on funding
[2016-06-13 02:09:14] 1QaZxSw2 : i see, so less than 1x is possible
[2016-06-13 02:09:29] Yumi : yes but if you short and price goes down
[2016-06-13 02:09:39] Yumi : you get cut from profits
[2016-06-13 02:09:42] j8 : yep, if you buy 1 contract with cross margin you'll be 0.0001x long (or something)
[2016-06-13 02:10:05] Yumi : also as soon funding is paid market makers will adjust prices by funding rate
[2016-06-13 02:10:49] miramm1115 : Yumi: yep, you might get DPE on your profit from short
[2016-06-13 02:10:50] rapidtrades : that;s a lot of talking for 4 am
[2016-06-13 02:11:07] Yumi : its not 4am everywhere in the world
[2016-06-13 02:11:09] miramm1115 : rapidtrades: 10pm here
[2016-06-13 02:11:45] 3aum : thanks for the answers
[2016-06-13 02:12:59] miramm1115 : 3aum: let say you have 100 btc. you can deposit 20 btc here and open a short of 100 btc x current btc price contracts. that way you will lock the USD value of your 100 btc and receive funding
[2016-06-13 02:13:21] j8 : we could potentially have a big wall of liquidations on the way down, which gets mashed into the one that's already there at rebalance time
[2016-06-13 02:13:35] rapidtrades : hope so
[2016-06-13 02:13:36] miramm1115 : 3aum: but it's not perfect because there is a risk of profit cut
[2016-06-13 02:13:42] rapidtrades : the perfect storm
[2016-06-13 02:14:00] 3aum : thanks
[2016-06-13 02:14:36] j8 : i saw liquidations fill liquidations on okc once. it was really something.
[2016-06-13 02:16:57] Yumi : listen, if you short and lock usd value and price goes up you lose btc but have same usd value, but if after price goes back down and this time they take cut of your profits you wont end up with same amount
[2016-06-13 02:17:20] rapidtrades : thanks
[2016-06-13 02:19:36] Yumi : you have to understand that before shorting for collecting funding payments
[2016-06-13 02:20:59] rapidtrades : thanks.
[2016-06-13 02:21:25] Yumi : rapidtrades: thanks for being rapidtrades
[2016-06-13 02:21:40] rapidtrades : :)
[2016-06-13 02:21:43] sq : Yumi: lol r u from kr
[2016-06-13 02:22:15] 3aum : thanks Yumi
[2016-06-13 02:22:19] Yumi : I am citizen of the world
[2016-06-13 02:22:21] 3aum : i understand now
[2016-06-13 02:22:59] Yumi : so it might be good opportunity but there is risk
[2016-06-13 02:24:03] zanza : .8%
[2016-06-13 02:24:05] zanza : wow
[2016-06-13 02:25:49] rapidtrades : zanza: :)
[2016-06-13 02:26:26] Yumi : I made a sugestion to Arthur to introduce swap with low lvg that wouldnt be subject to profit cuts so everyone could safely short it for funding payments as a alternative to bitfinex lending but he said nobody would trade it and no MM would quote it
[2016-06-13 02:26:45] Yumi : it would act as hedging instrument
[2016-06-13 02:27:46] REKT : Liquidated short on `XBTU16`: Buy 6410 @ 847.09
[2016-06-13 02:27:46] j8 : he knows if he cuts leverage by a factor of 10 there will be 1/10 the volume
[2016-06-13 02:28:34] Yumi : well I ment as an addition not replacement
[2016-06-13 02:29:16] zanza : well, if you were 1x leverage, jump from 580 to 650 is 12% gain. SO having funding interest of 1.5% in a day you still come out ahead a lot
[2016-06-13 02:29:41] lockhedge : Yumi: there is synthetic usd in planning and already on testnet, with 1x leverage, guess it won't be subject to DPE
[2016-06-13 02:31:35] rapidtrades : zanza: they changed the cacl
[2016-06-13 02:31:50] rapidtrades : now longs pay a part of the premium too
[2016-06-13 02:32:25] zanza : besides DPE?
[2016-06-13 02:33:09] Yumi : yea but if I want to hedge something 1x isnt very appealing
[2016-06-13 02:34:50] Yumi : also makes you keep all btc here
[2016-06-13 02:34:58] Yumi : instead of 20% for example
[2016-06-13 02:35:15] zanza : counter party risk
[2016-06-13 02:40:24] Yumi : if I could receive bfx rate or bit lower, paid every 8hrs while having to keep only 20% of capital with third party I would use it
[2016-06-13 02:41:51] zanza : they dont let you change the leverage amount in the calc :/
[2016-06-13 02:42:26] BitMEX_Sam : Leverage doesn't factor into the PNL zanza, only into ROE
[2016-06-13 02:43:15] Yumi : hey Sam, we talked today about how ROE here is useless or even confusing
[2016-06-13 02:43:45] BitMEX_Sam : It's not, unless you're talking about mark/last price divergence
[2016-06-13 02:44:51] Yumi : like it shows you 500% ROE, you think you are amazing trader to realize its calculated at 50x leverage
[2016-06-13 02:46:10] BitMEX_Sam : If you're on Cross Margin, I agree that this is perhaps misleading because it is assuming max leverage
[2016-06-13 02:46:14] BitMEX_Sam : On other margin modes it is correct
[2016-06-13 02:46:59] Yumi : yes it shows correct value, but it doesnt provide info of any value
[2016-06-13 02:49:24] Yumi : it depends on what you set your leverage level to, not what price you bought and sold, u might make 10% ROE and be way better off than when making 200% ROE
[2016-06-13 02:50:33] Yumi : its also based on mark price, which is confusing for many
[2016-06-13 02:50:50] Yumi : "I had 300% ROE how I lost after I mark closed"
[2016-06-13 02:51:51] j8 : omg too many times in the trollbox
[2016-06-13 02:58:05] rentchev : yeah
[2016-06-13 03:19:14] rentchev : Lisk MMs are on vacation
[2016-06-13 03:23:30] rentchev : Euro people are gone I guess
[2016-06-13 03:23:41] rentchev : anyone here?
[2016-06-13 03:23:54] j8 : i'm still here because i don't sleep apparently
[2016-06-13 03:24:00] rentchev : lol
[2016-06-13 03:24:07] rentchev : which timezone are you in?
[2016-06-13 03:25:29] rentchev : Still 8:25 PM here
[2016-06-13 03:25:41] j8 : doesn't really matter, i've just been napping at random times for days
[2016-06-13 03:26:01] rentchev : I do this sometimes
[2016-06-13 03:26:23] j8 : a lot of the time i don't even know what time of day it is
[2016-06-13 03:26:33] rentchev : Leonardo DaVinci had 15 min of naps every 4 hr
[2016-06-13 03:26:56] rentchev : basically he didn't sleep
[2016-06-13 03:28:52] rentchev : BTC going for new highs again
[2016-06-13 03:29:40] rentchev : I miss the times when TA mattered
[2016-06-13 03:29:45] rentchev : now is only one direction
[2016-06-13 03:34:15] rentchev : j8: if I short XBTM16 and let them expire, do I get the settlement in BTC or do I need to sell before expiry?
[2016-06-13 03:34:49] j8 : yeah the position closes at settlement.
[2016-06-13 03:35:50] BitMEX_Wally : rentchev: If you hold till expiry then at expiry the position is cash settled, meaning you get the profit/loss between your entry price and the settlement price
[2016-06-13 03:35:54] rentchev : is there any advantage to let it settle?
[2016-06-13 03:36:22] BitMEX_Wally : The settlement fee is 0.05% which is less than the taker fee of 0.075%
[2016-06-13 03:36:29] rentchev : right
[2016-06-13 03:36:42] zanza : so Bitmex based on 24 hr volume 15k and .0005% fee, makes 7.6 BTC in last 24 hours off XBT
[2016-06-13 03:36:45] rentchev : thanks both
[2016-06-13 03:37:42] rentchev : @zanza what is .0005% fee?
[2016-06-13 03:38:22] Yumi : he means 0.05% so 0.0005 times volume
[2016-06-13 03:38:24] BitMEX_Wally : https://www.bitmex.com/app/fees
[2016-06-13 03:38:49] BitMEX_Wally : So if you have a position worth 1 XBT then that is a fee of 0.0005 XBT
[2016-06-13 03:39:01] zanza : i think that is record volume also
[2016-06-13 03:39:10] rentchev : I see
[2016-06-13 03:39:18] BitMEX_Wally : zanza: XBTUSD does not settle, so does not have a settlement fee
[2016-06-13 03:39:27] zanza : Open Interest seems to have peaked. ok
[2016-06-13 03:39:55] Yumi : premium killed, mission accomplished
[2016-06-13 03:40:07] chromaticcr1 : unaccomplishing in 20 minutes
[2016-06-13 03:40:08] rentchev : BitMEX_Wally: LSK market makers left?
[2016-06-13 03:40:27] rentchev : bid 0.00034
[2016-06-13 03:49:14] Mr Blue : guys how come I have a liquidation price when on cross?? didn't show up as having liquidation price when I got 1 contract, then got 750 more and saying liquidation price 66602
[2016-06-13 03:50:19] Yumi : well think what happens if you run out of whole account margin
[2016-06-13 03:51:02] Mr Blue : I thought cross and x1 had 0 liquidation as I'm not lending anything
[2016-06-13 03:51:23] j8 : it's possible to have a liquidation price of zero, or infinity depending on the contract
[2016-06-13 03:51:37] Yumi : cross does not equal 1x
[2016-06-13 03:51:41] j8 : if you have a small position
[2016-06-13 03:51:48] Mr Blue : j8: its cross on the new Yen one
[2016-06-13 03:52:14] j8 : so, when you're long 1 contract you can't be liquidated
[2016-06-13 03:52:45] j8 : when you add more, you are increasing your leverage.. cross margin will let you go all the way to max leverage on your whole account
[2016-06-13 03:52:52] Mr Blue : Yumi: so I should go x1 instead? because changing leverage worked out weird yesterday
[2016-06-13 03:53:22] rentchev : you don't have to change the lev if you have a stop
[2016-06-13 03:53:53] Mr Blue : j8: so what setting is 0 liqudation? because I'm not trying to leverage on the Yen market
[2016-06-13 03:53:54] rentchev : I always keep it at cross
[2016-06-13 03:54:34] Mr Blue : at the moment at least lol
[2016-06-13 03:54:59] j8 : well if you short you will always have a liquidation price, since its not an inverse contract
[2016-06-13 03:55:03] Yumi : imagine you are short at 100 and price goes to 10000000 so still get liquidated even if you are at 1x
[2016-06-13 03:55:27] j8 : if you long you would need to be 1x or less to never be liquidated
[2016-06-13 03:55:36] Mr Blue : rentchev: so x1 is the one without liquidation? and cross it can happen?
[2016-06-13 03:55:53] j8 : cross, it just depends how much you buy
[2016-06-13 03:56:05] QuantFocus : when does leaderboard update?
[2016-06-13 03:56:52] Mr Blue : j8: i'm currently long +751 on Yen maket at cross, thought was below x1 lol
[2016-06-13 03:57:12] j8 : if you have 1 btc in your account and you put an Order Value of 1 btc, that's 1x
[2016-06-13 03:57:51] Mr Blue : j8: I know that, but I did cross, so I should stick with x1 from now on mate?
[2016-06-13 03:58:31] j8 : it mostly matters if you want to have other positions sharing the same margin
[2016-06-13 03:59:04] j8 : 1x will lock up a large amount of margin just for that position
[2016-06-13 03:59:07] Yumi : 750 contracts thats about 5btc, do you have more excess margin than that?
[2016-06-13 03:59:15] Mr Blue : well I didn't just wanted to buy lol, but I'm correct in assuming I paid x1 but on cross?
[2016-06-13 03:59:37] j8 : cross will only lock up the minimum amount, 1%, and then it will add margin to different positions as necessary
[2016-06-13 04:00:14] Mr Blue : Yumi: no lol but didn't think the 750 cost that much
[2016-06-13 04:00:41] Yumi : well it does say "Order Value:"
[2016-06-13 04:01:02] Mr Blue : Yumi: I don't have 5 BTC in my account
[2016-06-13 04:01:29] Yumi : so if you are long 5 btc but dont have that much in free margin you understand why you have liquidation price
[2016-06-13 04:01:30] Mr Blue : the 751 cost me less than 0.1 BTC
[2016-06-13 04:02:25] Mr Blue : Yumi: hmm okay I'm not worried anyways, Yen will drop against Bitcoin with the next 24h spot report?
[2016-06-13 04:02:53] Yumi : I have no idea
[2016-06-13 04:03:20] Mr Blue : j8: thanks for all the help man, and everybody else as well
[2016-06-13 04:03:40] j8 : the "cost" is the margin requirement at max leverage, look at the Position Value in XBT
[2016-06-13 04:05:43] Mr Blue : j8: so if cross made me leverage and it cost me 0.1 btc that means I only stand to lose 0.1 BTC if liquidated?
[2016-06-13 04:06:27] Yumi : BitMEX_Sam: https://www.bitmex.com/app/contract/XBJ24H says Each contract is worth 1e-7 XBT per 1 JPY price
[2016-06-13 04:06:45] j8 : no, the other options 1x, to 100x isolate your margin like that. cross will put your whole balance at risk
[2016-06-13 04:07:32] j8 : but, if you buy less than 1x it's mathematically impossible to lose your whole balance.
[2016-06-13 04:07:52] Mr Blue : j8: I see thanks for the info on that mate, hopefully we won't see a dump till next yen spot report, I'm correct in thinking its updated every 24h with that asset??
[2016-06-13 04:09:05] Yumi : Mr Blue: its being continuously marked
[2016-06-13 04:09:51] Mr Blue : Yumi: sh** lol was waiting for todays Bitcoin gains to be added
[2016-06-13 04:10:11] Yumi : it also expires daily
[2016-06-13 04:10:16] micmix : j8: how long have you been on naps instead of solid 6+ hours of sleep? I find that it greatly affects my productivity when I do that for more than a few days in a row
[2016-06-13 04:10:16] Yumi : in 8 hours from now
[2016-06-13 04:10:17] Mr Blue : never mind, I'm still bullish the yen will drop in value against the Bitcoin
[2016-06-13 04:11:53] Yumi : the 1 contract spammers -.-
[2016-06-13 04:12:36] j8 : micmix: since $584 or so
[2016-06-13 04:13:29] micmix : j8: nice, that's how you measure time in bitcoin land :wink:
[2016-06-13 04:14:02] j8 : actually, that might have been my last nap :O
[2016-06-13 04:14:27] j8 : and yes i'm getting delusional
[2016-06-13 04:14:41] j8 : time to stop
[2016-06-13 04:15:07] micmix : I had alarm on okc pump bot but I had to disable it bc they were turning it on and off all weekend
[2016-06-13 04:15:18] Yumi : thats the thing about btc market, it never stops
[2016-06-13 04:16:03] j8 : the amazing thing is i basically took all of last week off trading and nothing happened
[2016-06-13 04:16:05] Mr Blue : okay guys riddle me this, If I paid 72667 for 751 contacts and sold 751 contacts at 72747 how can I of lost 0.02 BTC instead of gaining profit??
[2016-06-13 04:16:44] Yumi : I guess fees
[2016-06-13 04:16:50] micmix : it's 0.11% gain, fees are higher
[2016-06-13 04:17:25] micmix : you probably paid 0.075% taker fee twice
[2016-06-13 04:18:05] micmix : if you take both times you need at least 0.15% price difference
[2016-06-13 04:18:14] Mr Blue : okay no poroblem guys I wanted out of that cross situation anyways
[2016-06-13 04:18:30] Yumi : easy riddles today Mr Blue
[2016-06-13 04:18:50] zanza : 1.25% interest wow
[2016-06-13 04:18:58] Mr Blue : Yumi: try find you a better one later mate ;-)
[2016-06-13 04:19:31] mikeh : did you sell at market?
[2016-06-13 04:20:28] Mr Blue : mikeh: ye
[2016-06-13 04:20:28] mikeh : seems they pay you to use limit orders if the fee page is right
[2016-06-13 04:20:52] Yumi : I remember someone saying in chat that they log in and all positions gone and account empty, it turned out they logged wrong account
[2016-06-13 04:21:23] Mr Blue : mikeh: ye smaller fee
[2016-06-13 04:22:06] Mr Blue : Yumi: lol that's funny, I was going to ask if more than one account is allowed here, incase I want to play both sides, if not will just have to be okc
[2016-06-13 04:22:15] micmix : I'll have to adjust my algo to account for those wild swings from premium to discount
[2016-06-13 04:22:37] zanza : mr blue you can just use isolation position
[2016-06-13 04:22:42] zanza : its the same as having 2 accounts
[2016-06-13 04:23:14] Yumi : I think he wants to be long X contracts on one account and short Y contracts same time
[2016-06-13 04:23:17] Mr Blue : zanza: nice, I'll look in to that one mate, showing my noob colours here lol
[2016-06-13 04:23:31] Mr Blue : Yumi: ye that's what I wanted
[2016-06-13 04:23:41] Yumi : but it doesnt make sense when you think about it
[2016-06-13 04:24:03] zanza : yeah no reason to lol
[2016-06-13 04:24:04] Mr Blue : Yumi: maybe 1 BTC x35 long one account other short x35
[2016-06-13 04:25:07] Mr Blue : or short x10 even
[2016-06-13 04:25:08] Yumi : anyway I believe as long you arent trading with yourself multiple accounts arent problem
[2016-06-13 04:25:26] Yumi : but if you wash trade, probably ban
[2016-06-13 04:25:35] micmix : Mr Blue: it's easier to manage with two account but in reality it doesn't make sense. you're paying double fees
[2016-06-13 04:26:55] Mr Blue : Yumi: cool, I'll ask admin at some point just incase as I probably could trade against my self if the mood took me lol
[2016-06-13 04:27:11] Yumi : yes best open ticket
[2016-06-13 04:27:23] Yumi : you will get official answer
[2016-06-13 04:29:20] Yumi : but think about if you really need 2 accs, it doesnt really make sense to be both short and long same time
[2016-06-13 04:29:23] Mr Blue : micmix: yes but it limits my risk + would be fee's in any event, if not I can use another leverage exchange for shorting at same time as long, its not really a problem, but Id like two accounts here lol
[2016-06-13 04:31:25] Mr Blue : Yumi: it does if I hold and end up profiting on both or mitigating loss on one, something I've been thinking about, but ye I'll probably fail at it lol
[2016-06-13 04:31:37] micmix : Mr Blue: if you're both short and long at the same time on the same contract, it's same as being net long/short the difference. you can add/remove margin manually as you want and manage your risk
[2016-06-13 04:32:10] micmix : different contracts or different exchanges I can understand
[2016-06-13 04:33:31] micmix : but it's up to you of course, whatever makes it easier
[2016-06-13 04:34:28] BitMEX_Wally : You can have 2 accounts if you like, but there is no point being long and short the same contract at once. You just end up paying more fees and having more DPE exposure, when you can achieve the same net PNL by just reducing your existing position
[2016-06-13 04:34:36] Mr Blue : micmix: so I can go long and short at the same time with XBT/USD ? not seen the option yet, as if I'm short and I buy it just lowers my short or takes me in the +
[2016-06-13 04:35:41] Mr Blue : BitMEX_Wally: okay thanks for the info mate, I might not make another account was just an idea, but nice to know its allowed
[2016-06-13 04:42:18] j8 : BitMEX_Wally: if i made a second account i could realize a bunch of profit and still keep my positions, and get half the profit unlocked without waiting until friday... is that legit?
[2016-06-13 04:42:57] Mr Blue : BitMEX_Wally: it would be a treat if the people that refer users also get 10% discount on trading fee's lol
[2016-06-13 04:43:18] Mr Blue : j8: now now mate he already said it's allowed lol
[2016-06-13 04:44:08] Mr Blue : j8: besides you prob already have 3 accounts ;-)
[2016-06-13 04:44:09] j8 : just making sure, it sounds like there are some things you're not supposed to do with multiple accounts
[2016-06-13 04:44:23] j8 : i don't actually. just this one and one for testnet
[2016-06-13 04:44:52] Mr Blue : j8: well that's not the j5 I used to know if your the same person lol
[2016-06-13 04:45:01] j8 : lol
[2016-06-13 04:45:15] j8 : j5? imposter
[2016-06-13 04:45:21] Mr Blue : lmao
[2016-06-13 04:46:02] j8 : no secretly i'm also rapidtrades, and sleger. its a brutal case of multiple personality disorder.
[2016-06-13 04:46:17] Yumi : lol
[2016-06-13 04:46:54] Mr Blue : j8: :-)
[2016-06-13 04:47:03] Yumi : j8: I think its obvious you are not allowed to trade against yourself
[2016-06-13 04:47:07] Mr Blue : brb guys 420 time, happy trading
[2016-06-13 04:48:05] j8 : seems like the sort of thing there would be a rule against. you could do a lot of manipulation that way
[2016-06-13 04:50:00] Yumi : you can see a lot of wash trading on okc when they trade thousands of btc back and forth at same price
[2016-06-13 04:51:49] j8 : i just want to unlock some margin, it sucks to have to close a good position because your account is mostly withheld profit and rebalance is 5 days away
[2016-06-13 04:52:07] Yumi : well I know the pain
[2016-06-13 04:53:32] micmix : j8: well two accounts can help, you can sell part of your position to another account and get some realized PNL unlocked
[2016-06-13 04:54:05] j8 : that's what i was thinking, just don't want to be accused of being a wash trading market manipulator
[2016-06-13 04:54:10] Yumi : thats what he said he was thinking about
[2016-06-13 04:54:23] micmix : oh sorry, didn't see that.
[2016-06-13 04:55:01] micmix : aren't we all wash trading market manipulators just selling the same coins to each other? :wink:
[2016-06-13 04:55:53] j8 : no kidding. i trade bitcoin. what do you trade them for? mostly other bitcoins
[2016-06-13 04:56:25] Yumi : seems 1.1250% funding per 8 hrs is not enough
[2016-06-13 04:56:37] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 698.37
[2016-06-13 04:57:05] j8 : look at that liquidation at the front of the book, its a beautiful thing
[2016-06-13 04:57:20] Mr Blue : wash trading is like when I used to give ORB 20 BTC of daily volume when was just buying and selling to my self, to make market look more active, if that's illegal I don't give a F
[2016-06-13 04:58:29] Mr Blue : most the big exchanges wash loads daily in my opinion to make them self look more active
[2016-06-13 05:01:51] sizzurp : how do i het charts
[2016-06-13 05:01:58] sizzurp : get
[2016-06-13 05:03:23] Yumi : isnt there a chart on your screen?
[2016-06-13 05:03:54] sizzurp : it just showed up
[2016-06-13 05:04:01] REKT : Liquidated short on `XBTUSD`: Buy 14000 @ 699.72
[2016-06-13 05:04:02] sizzurp : thx nig presh
[2016-06-13 05:04:18] REKT : Liquidated short on `XBTUSD`: Buy 300 @ 700.14
[2016-06-13 05:04:18] REKT : Liquidated short on `XBTUSD`: Buy 18433 @ 700.64
[2016-06-13 05:05:04] sizzurp : how long do deposits take on this site
[2016-06-13 05:05:14] Yumi : 1 confirmation
[2016-06-13 05:05:27] sizzurp : swet
[2016-06-13 05:05:29] Mr Blue : sizzurp: I find this one great for early warning about direction http://bitcoincharts.com/markets/ green candals on most I'm all good, red starts to show its going down lol
[2016-06-13 05:06:29] sizzurp : i like that
[2016-06-13 05:06:31] sizzurp : thx
[2016-06-13 05:07:02] Mr Blue : np
[2016-06-13 05:09:01] REKT : Liquidated long on `XBTUSD`: Sell 2000 @ 697.58
[2016-06-13 05:09:52] sizzurp : you short or long rn
[2016-06-13 05:10:09] Mr Blue : how did somebody possibly get liquidated on a long? guess they was doing x50
[2016-06-13 05:10:57] Mr Blue : sizzurp: at the moment I'm not in position though I wish I had been lol, if I was to say I'd tell you to go long at x10
[2016-06-13 05:11:08] elmorte : BitMEX_Wally: have we reached the absolute cap on funding?
[2016-06-13 05:11:24] Yumi : bitmex taking taking a page out of okcoin book liquidating shorts and longs same time
[2016-06-13 05:11:32] sizzurp : whatchu waitin for
[2016-06-13 05:11:39] Mr Blue : sizzurp: take profits at $11 extra on each Bitcoin
[2016-06-13 05:12:07] sizzurp : bet
[2016-06-13 05:12:52] Yumi : elmorte: its a cap, yes but who can guarantee it wont be change.. ;)
[2016-06-13 05:13:14] sizzurp : charts have froze
[2016-06-13 05:13:18] Mr Blue : sizzurp: hmmm not sure tbh I always like to get in on a dip, but as I see us going $800 within the next two weeks, maybe I should jump in lol
[2016-06-13 05:14:11] sizzurp : the time is now for everything
[2016-06-13 05:14:24] Mr Blue : sizzurp: but please don't trade on my advice, go with your own gut sir
[2016-06-13 05:14:35] Mr Blue : sizzurp: +1
[2016-06-13 05:14:44] sizzurp : LMAO
[2016-06-13 05:15:00] Yumi : btw who noticed they changed cap from 1.125% daily to 1.125% per 8 hours
[2016-06-13 05:15:51] Mr Blue : sizzurp: most the exchanges are at 685, to me that says wait for a dip, but it's not been working so far today lol
[2016-06-13 05:16:01] Yumi : cap stayed same but somehow you pay more, magic ^^
[2016-06-13 05:16:45] sizzurp : why do closes pend how long does that take
[2016-06-13 05:17:12] sizzurp : Mr Blue: you tha man with the plan
[2016-06-13 05:18:56] Mr Blue : sizzurp: I think it depends on the contract, Bitcoin perpetual swap doesn't close, the Yen market is every 24h or something
[2016-06-13 05:19:13] Mr Blue : sizzurp: I try lol
[2016-06-13 05:20:06] sizzurp : so you cant close an active order without canceling it?
[2016-06-13 05:20:33] Yumi : sizzurp: what do you mean?
[2016-06-13 05:20:35] sizzurp : nvm i got it
[2016-06-13 05:20:38] Mr Blue : sizzurp: yes you just sell to the market or add a limit order
[2016-06-13 05:20:46] sizzurp : it just took a min to register
[2016-06-13 05:21:30] sizzurp : hopefully i wont slump waitin for this dip
[2016-06-13 05:21:53] Yumi : the exchange is very fast, if interface is lagging for you maybe try different internet browser
[2016-06-13 05:24:42] sizzurp : im in the us and have to use vpn to trade here
[2016-06-13 05:24:54] Yumi : well shh about that then
[2016-06-13 05:25:24] Mr Blue : sizzurp: guessing your in the big apple lol, shhhhhh
[2016-06-13 05:25:30] Yumi : Im sure you misspoke and meant you are in uk
[2016-06-13 05:26:00] sizzurp : exactly but off the books sunshine state not NY
[2016-06-13 05:26:06] sizzurp : LOL
[2016-06-13 05:26:31] Mr Blue : sizzurp: then why you hiding? exchange would only kick out new yorkers
[2016-06-13 05:26:50] sizzurp : huh
[2016-06-13 05:26:55] Mr Blue : if they didn't pay the fee to new york state at least lol
[2016-06-13 05:26:59] sizzurp : \\o
[2016-06-13 05:27:01] sizzurp : o//
[2016-06-13 05:27:06] sizzurp : \o/
[2016-06-13 05:27:11] Yumi : no, you arent allowed to open account if you are from anywhere in US
[2016-06-13 05:27:17] sizzurp : party i guess
[2016-06-13 05:27:34] Mr Blue : Yumi: why not?? seems very limiting to the exchange
[2016-06-13 05:27:35] sizzurp : welp
[2016-06-13 05:27:54] sizzurp : eth been moving nicely lately
[2016-06-13 05:29:36] Yumi : because they dont wanna deal with US regulators crap that think that they have jurisdiction over whole world
[2016-06-13 05:29:57] Mr Blue : we're not even trading fiat here seems silly, I'd be interested to know the company reason for locking out all them possible customers.
[2016-06-13 05:30:55] Yumi : well they cant comment on that
[2016-06-13 05:32:59] Yumi : big hidden order at 697
[2016-06-13 05:33:39] Mr Blue : Yumi: possibly, but If I was the owner I'd think f American rules, and deal with that side after the customers are already here, its the internet if your not a US company, why should you vet your customers based on a US policy
[2016-06-13 05:34:35] Yumi : I dont think you bullshit US does
[2016-06-13 05:36:37] Yumi : lets say you arent US citizen, you never even been to US, they ask another country to arrest you and extradite you to US because you allegedly broke some US law
[2016-06-13 05:37:19] Mr Blue : Yumi: ye well your country shouldn't roll over like a dog, if they do move lol
[2016-06-13 05:37:25] sizzurp : Yumi: big hidden order?
[2016-06-13 05:37:57] Yumi : yea you see buys at 697 and its not shown
[2016-06-13 05:38:04] ScottJ : didn't know there were hidden orders...
[2016-06-13 05:38:39] sizzurp : whats this mean
[2016-06-13 05:38:43] Yumi : in order options there is "post-only" and "hidden"
[2016-06-13 05:38:57] Yumi : means its not being shown in order book
[2016-06-13 05:40:12] sizzurp : is that bad
[2016-06-13 05:40:15] Yumi : the 1528 MM bot kept buying up that order
[2016-06-13 05:40:47] Yumi : its usual feature on exchanges
[2016-06-13 05:40:49] Yumi : nothing shady
[2016-06-13 05:41:41] Yumi : if you do hidden order you have to pay taker fee
[2016-06-13 05:42:51] Yumi : you see MM bot keep buying it
[2016-06-13 05:43:22] Yumi : bot is earning maker fee and hidden order pays taker fee
[2016-06-13 05:43:54] Mr Blue : The UK didn't even hand over the NASA hacker/cracker to the US, so don't see why they'd had over a company owner that just allows people to swap tokens lol, but guess it's different in each country, and ye if the global elites come after you it's a different story, but small case? I don't see it, not with the amount of exchanges already doing it.. anyways I rant too much lol
[2016-06-13 05:48:52] Mr Blue : also the same could be said about any country, they all have rules lol, just the US thinks it runs the world/internet, that's why we need to merge the blockchain with the TOR browser, give people reward for hosting nodes as that's where TOR failed, so a new version that gives Bitcoin reward, or tokens that can be used to unlock domain names or sold for BTC to people that want a domain, but arn't hosting a node to get reward on dare I say the FreeNet or Skynet, because we can't allow them to call it the darknet
[2016-06-13 05:51:27] rapidtrades : THIS IS SPARTTAAAAAAAAA!!!!!!!!!!!!!!!!!!!!
[2016-06-13 05:51:34] Yumi : idd
[2016-06-13 05:51:47] Mr Blue : or keep buying domains off ICANN, when they was once free lol
[2016-06-13 05:52:17] REKT : Liquidated short on `XBTM16`: Buy 2975 @ 719.47
[2016-06-13 05:53:17] Mr Blue : rapidtrades: lol you had some good trades today mate
[2016-06-13 05:55:02] rapidtrades : 1.12% in 6 hrs...sweet
[2016-06-13 05:55:44] Yumi : well we are making new highs so I guess longs dont mind
[2016-06-13 05:55:52] Mr Blue : rapidtrades: 1.12% profit per BTC position? grats mate
[2016-06-13 05:56:05] Yumi : he means funding
[2016-06-13 05:56:08] ayy_lmao : l o l
[2016-06-13 05:56:14] Mr Blue : ahh taking piss lol
[2016-06-13 05:56:30] rapidtrades : not rly...im short the swap
[2016-06-13 05:57:53] sabbybibi : REKT: how do you tell when it's a liquidated short? are you just guessing or is there some definite indicator i'm not seeing?
[2016-06-13 05:58:14] rekt101 : REKT just knows @sabbybibi
[2016-06-13 05:58:16] rapidtrades : sabbybibi: he's been banned for chatting
[2016-06-13 05:58:26] rapidtrades : from chat*
[2016-06-13 05:59:23] rapidtrades : do we have any idea what % will be after rebalance
[2016-06-13 05:59:35] rapidtrades : 1.1% again?
[2016-06-13 05:59:50] rapidtrades : premium stayed fairly constant right
[2016-06-13 06:00:10] rapidtrades : plus interest rates
[2016-06-13 06:00:10] Yumi : maybe less unless we pump now and premium rises
[2016-06-13 06:00:32] Yumi : https://www.bitmex.com/app/index/.XBTUSDPI
[2016-06-13 06:01:24] zanza : rekt bot is banned?
[2016-06-13 06:02:00] rapidtrades : yeah he was being an ahole earlier
[2016-06-13 06:02:11] zanza : isn;'t it just a bot?
[2016-06-13 06:02:57] Yumi : implying bots cant be aholes
[2016-06-13 06:03:11] Mr Blue : no idea how spot price has gone so crazy, exchanges are under it, maybe it can see the future lol
[2016-06-13 06:03:39] Yumi : Mr Blue: you mean mark price or index price?
[2016-06-13 06:04:00] Mr Blue : finex 592 Bitstamp 585 no idea how that gets 696 spot lol
[2016-06-13 06:04:18] Mr Blue : sorry 692 and 685
[2016-06-13 06:04:52] Yumi : okc is at 709
[2016-06-13 06:05:07] Mr Blue : clearly tempting shorters to do what they do best and short lol, so ye I think % will go down
[2016-06-13 06:05:17] BitMEX_Wally : http://www.kaiko.com/bitmex
[2016-06-13 06:06:03] rapidtrades : REKT got banned for expressing semitic statements earlier
[2016-06-13 06:06:20] Yumi : BitMEX_Wally: how come funding rate cap went stealthy from 1.125% per day to 1.125% per 8 hours?
[2016-06-13 06:06:25] rapidtrades : sad he stooped that low but hey its rekt...we know him
[2016-06-13 06:06:36] NukeLaloosh : BitMEX_Wally: on ETHXBT, has the weekly rebalancing been eliminated?
[2016-06-13 06:07:40] Mr Blue : Yumi: ye sorry didn't factor that one in, makes sense now
[2016-06-13 06:08:32] Mr Blue : BitMEX_Wally: thanks wally, I trust you guys just looked wierd, and I bet at least some others was thinking the same lol
[2016-06-13 06:08:40] elmorte : rapidtrades: even bots lose their cool
[2016-06-13 06:09:00] elmorte : maybe @micmix turned off the a/c
[2016-06-13 06:09:40] Mr Blue : damn okc, how dare they race ahead before I buy in lol
[2016-06-13 06:10:07] elmorte : BitMEX_Wally: can the abs funding cap be found anywhere in the docs? I've only seen it in the chat archive
[2016-06-13 06:10:18] sabbybibi : BitMEX_Wally: hmmmm curiouser and curiouser... that kaiko price page has a price (713) above everything, even above okcoin!
[2016-06-13 06:10:36] sabbybibi : (but their explanation page says "we take a weighted average" hahaha)
[2016-06-13 06:11:02] Yumi : elmorte: https://www.bitmex.com/app/swapsGuide
[2016-06-13 06:11:11] Mr Blue : sabbybibi: haha maybe they add localbitcoins or circle
[2016-06-13 06:11:15] Yumi : "The Funding Rate is capped at 75% of the Initial Margin - Maintenance Margin. If the Initial Margin is 2% and the Maintenance Margin is 1%, the maximum daily Funding Rate is 0.75%. The Funding Rate may not change by more than 75% of the Maintenance Margin between periods. In this example, the Funding Rate cannot go up or down between periods by more than 0.75%."
[2016-06-13 06:12:01] rapidtrades : LIQ is now at 665
[2016-06-13 06:12:11] rapidtrades : all 700k of it
[2016-06-13 06:12:21] sabbybibi : (i typed o k c o i n and it came out as "the woodchipper" - i obvs have a lot to learn about how this chat interface works)
[2016-06-13 06:12:42] sabbybibi : o k c o i n okcoin o k c o i n okcoin o k c o i n
[2016-06-13 06:12:48] elmorte : Yumi: Thanks mate
[2016-06-13 06:12:50] sabbybibi : yep it happens every time!
[2016-06-13 06:12:59] REKT : Liquidated short on `XBTU16`: Buy 11920 @ 862.37
[2016-06-13 06:13:00] REKT : Liquidated short on `XBTUSD`: Buy 2895 @ 708.37
[2016-06-13 06:13:00] REKT : Liquidated short on `XBTUSD`: Buy 48624 @ 708.69 **MEGA-REKT** :boom:
[2016-06-13 06:13:00] REKT : Liquidated short on `XBTUSD`: Buy 2200 @ 708.52
[2016-06-13 06:13:08] Yumi : sabbybibi: thats for funzies
[2016-06-13 06:13:08] Mr Blue : sabbybibi: they love to chip wood over at that place lol
[2016-06-13 06:13:12] REKT : MOOON TIME!
[2016-06-13 06:13:12] REKT : Liquidated short on `XBTUSD`: Buy 26800 @ 711.36 **MEGA-REKT** :boom:
[2016-06-13 06:13:12] REKT : Liquidated short on `XBTUSD`: Buy 2470 @ 708.98
[2016-06-13 06:13:19] elmorte : [2016-06-13 06:12:42] sabbybibi : o k c o i n okcoin o k c o i n okcoin o k c o i n
[2016-06-13 06:13:24] elmorte : Looks fine to me @sabbybibi
[2016-06-13 06:14:05] elmorte : lol...that was stupid to assume c/p from the archive would avoid the censor
[2016-06-13 06:14:20] Yumi : lol ^^ :)