BitMEX Trollbox Userinfo

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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 08:03:06] rapidtrades : also he got 20% DPE on that
[2016-06-13 08:03:09] zanza : they always come back
[2016-06-13 08:03:20] zanza : even OKC has clawback right
[2016-06-13 08:03:24] ayy_lmao : 20x long would have made less
[2016-06-13 08:03:31] rapidtrades : zanza: not 20% tho
[2016-06-13 08:04:23] ayy_lmao : unless he is just using the leverage to not have to store alot of btc on exchanges
[2016-06-13 08:04:40] micmix : look at those asks on sept, crazy prices
[2016-06-13 08:05:11] rapidtrades : wtf $200 spread?
[2016-06-13 08:05:37] micmix : MMs maxed out the delta
[2016-06-13 08:05:46] zanza : i kove the long dated contracts, however they are just too low volume
[2016-06-13 08:05:56] zanza : to be useful
[2016-06-13 08:07:05] micmix : sleger would short sept with his big stack :-)
[2016-06-13 08:08:08] zanza : what about habibi ?
[2016-06-13 08:08:17] zanza : sleger, lot of old names
[2016-06-13 08:08:24] rapidtrades : sept mark is still done manually right?
[2016-06-13 08:08:26] micmix : haven't seen habibi for a while
[2016-06-13 08:08:42] micmix : rapidtrades: I think it's switches to manual when liquidity is low
[2016-06-13 08:09:10] rapidtrades : theres only 2k to 1300
[2016-06-13 08:09:30] ayy_lmao : lol
[2016-06-13 08:10:42] rapidtrades : support is sept on manual?
[2016-06-13 08:13:04] rapidtrades : is noone supporting us today?
[2016-06-13 08:14:04] BitMEX_Wally : Hello
[2016-06-13 08:14:14] rapidtrades : hi wally
[2016-06-13 08:18:56] Mr Blue : BitMEX_Wally: morning sir
[2016-06-13 08:19:36] BitMEX_Wally : All XBT futures contracts have impact mid price marking
[2016-06-13 08:20:16] BitMEX_Wally : But the spread is too wide on XBTU16 for it to adjust
[2016-06-13 08:20:46] rapidtrades : there are only 2k on the ask sid
[2016-06-13 08:21:01] rapidtrades : until 1977
[2016-06-13 08:21:41] elmorte : ayy_lmao: Re: your earlier question. Another reason was that I wasn't too sure about the price movement, wasn't in a gambling mood. So I hedged it to collect the funding fees, hoping to setlle when the premium reverses to discount
[2016-06-13 08:22:55] rapidtrades : what does ''impact'' mid price marking mean @BitMEX_Wally
[2016-06-13 08:25:12] chromaticcr1 : depth (0.1BTC*max inital lev)weighted midmarket price @rapidtrades
[2016-06-13 08:25:42] rapidtrades : whatever, that doesn't mean anything to me
[2016-06-13 08:26:09] Mr Blue : rapidtrades: haha probably means the market evolves, depending on how best to screw the biggest fish in the pond lol or mitigate loss for the exchange, people must be thinking price is going high for sept to be 1300.
[2016-06-13 08:27:29] Mr Blue : o.j :-)
[2016-06-13 08:28:39] rapidtrades : its so hard to get a straight answer here
[2016-06-13 08:30:10] Yumi : I would tell you guys to buy some XBTU16 but no point, there are non for sell ;)
[2016-06-13 08:30:41] Mr Blue : rapidtrades: google foo impact mid price marking :-)
[2016-06-13 08:33:16] BTCDJS : rapidtrades: "impact" as in the impact you will feel when your profits are taken away from mid pricing
[2016-06-13 08:33:41] rapidtrades : BitMEX_Wally: could smone buy those few thousand contracts to 1977 then place a bid at 1900 right away, rekting most shorts?
[2016-06-13 08:34:13] rapidtrades : or a bid at 1976 whatever,,,,to narrow the spread
[2016-06-13 08:34:19] wurstgelee : xbtu16 mm seems to have gone in hibernation
[2016-06-13 08:34:23] Mr Blue : rapidtrades: could do if its based on market instead of spot
[2016-06-13 08:34:40] Mr Blue : well is no spot so must be lol
[2016-06-13 08:34:58] Yumi : its based on Impact Mid Price thats why he is asking
[2016-06-13 08:35:08] Yumi : and I dont know the answer
[2016-06-13 08:40:23] Mr Blue : 717 before long ladies, wish I had the bull balls to go over x5
[2016-06-13 08:49:20] Mr Blue : but in fact I shouldn't say anything, let shorters short as they wake up lol
[2016-06-13 08:49:53] Mr Blue : okay guys what's your best trading story???
[2016-06-13 08:53:44] jordanbitfort : how about yesterday when i tried my first 50x trade and got margin called in under 10 seconds
[2016-06-13 08:53:51] vbmithr : :))
[2016-06-13 08:54:37] Yumi : In 2013 on top of april bubble to borrow usd at bitfinex yearly rate was 999%, current swap funding rate is beating that
[2016-06-13 08:54:44] Mr Blue : jordanbitfort: lol bad story I rather talk profits ;-)
[2016-06-13 08:55:44] Mr Blue : Yumi: nice story, but did you short and win or long and lose?
[2016-06-13 08:58:14] jordanbitfort : Mr Blue: its all good, only used a small amount of profit i made on finex
[2016-06-13 08:58:36] Mr Blue : jordanbitfort: cool
[2016-06-13 08:59:01] Yumi : Mr Blue: you are missing the point!
[2016-06-13 08:59:46] PatioCrasher : 2013 bought 3BTC for $300 in november traded that up to 30BTC on anon coin and mega and then suddenly btc mooned. so cashed out close to 30k in less than few weeks.
[2016-06-13 08:59:55] PatioCrasher : Yumi did you lend USD?
[2016-06-13 09:00:01] PatioCrasher : and make a super killing that time?
[2016-06-13 09:00:02] Mr Blue : Yumi: I didn't miss the point, your saying fee's here are high, but I'm not holding for a year lol, an long still been making people dream money
[2016-06-13 09:00:52] wurstgelee : fees dont have a big impact currently anyways.
[2016-06-13 09:01:07] Mr Blue : wurstgelee: +1
[2016-06-13 09:05:27] Mr Blue : wurstgelee: just noticed your same colour as me,,, get out of here dude.. lol o.j
[2016-06-13 09:05:40] wurstgelee : oops
[2016-06-13 09:05:42] wurstgelee : indeed
[2016-06-13 09:06:09] wurstgelee : BTCDJS also has the same color
[2016-06-13 09:06:26] Bitcoingirl : why is XBT trading above swap?
[2016-06-13 09:06:29] Bacon futures trader : I'm about to get liquidated lol
[2016-06-13 09:06:32] Mr Blue : wurstgelee: never noticed with him
[2016-06-13 09:06:37] Bacon futures trader : enjoy my satoshis
[2016-06-13 09:06:45] Mr Blue : wurstgelee: id like red tbh lol
[2016-06-13 09:06:49] wurstgelee : Bitcoingirl: premium. majority expecting btc to go up
[2016-06-13 09:06:51] wurstgelee : thats y
[2016-06-13 09:07:00] wurstgelee : Mr Blue: custom colors ftw
[2016-06-13 09:07:25] Mr Blue : Bacon futures trader: morning
[2016-06-13 09:07:38] wurstgelee : Bacon futures trader: did u short?
[2016-06-13 09:07:45] wurstgelee : if so, u deserve it
[2016-06-13 09:07:46] wurstgelee : ;)
[2016-06-13 09:08:06] Bitcoingirl : wurstgelee: what forces the swap to be close to the spot price?
[2016-06-13 09:08:15] Bitcoingirl : isnt the swap just totally imaginary?
[2016-06-13 09:08:16] Mr Blue : wurstgelee: haha would be good, but something about getting lucky seems fair lol
[2016-06-13 09:08:27] Bitcoingirl : so how is it related to bitcoin at all if it never has to be settled?
[2016-06-13 09:09:12] wurstgelee : Bitcoingirl: nope, the .xbt price is an index price, of btc spot:
[2016-06-13 09:09:16] Mr Blue : Bitcoingirl: Bitcoingirl if your on cross or anything over x1 you have chance to be liquidated
[2016-06-13 09:09:36] wurstgelee : Bitcoingirl: it rebalances at 12 utc
[2016-06-13 09:09:41] wurstgelee : so profits get realized
[2016-06-13 09:09:46] wurstgelee : setlement is against index: https://www.kaiko.com/bitmex
[2016-06-13 09:09:49] Bacon futures trader : wurstgelee: Yeah, but not looking that great. Probably going to take minor loss.
[2016-06-13 09:09:49] wurstgelee : *t
[2016-06-13 09:09:49] Yumi : Bitcoingirl: with latest change funding rate is increased by premium over index
[2016-06-13 09:10:06] Bitcoingirl : hmm okay
[2016-06-13 09:10:08] Yumi : so if you are long you have to pay 1.125% in 3 hours
[2016-06-13 09:10:12] Bitcoingirl : so funding rate of 1.125% is annualised?
[2016-06-13 09:10:15] Bitcoingirl : or is it 1.125%
[2016-06-13 09:10:18] Bitcoingirl : every 8 hrs
[2016-06-13 09:10:23] Yumi : every 8 hrs lol
[2016-06-13 09:10:26] Bitcoingirl : wowwww
[2016-06-13 09:10:27] Bacon futures trader : lol 1% every 8 hour
[2016-06-13 09:10:37] Mr Blue : Bitcoingirl: you can watch the spot at the top before deciding, or eye ball the other exchanges, but liquidation is based on spot, at least with one market XBT/USD perpetual swaps, the others can be based on market price
[2016-06-13 09:10:46] Bitcoingirl : this is a bucket shop lol that's an APR of 808276%
[2016-06-13 09:11:04] Yumi : well shrug
[2016-06-13 09:11:05] Bacon futures trader : We are getting churned lol
[2016-06-13 09:11:24] Bitcoingirl : haha yeah im shorting i want a cool 1.125%
[2016-06-13 09:11:33] Mr Blue : I just got in at 688 so doing okay lol
[2016-06-13 09:11:53] Yumi : Bitcoingirl: also there is DPE atm of 11%
[2016-06-13 09:12:08] Mr Blue : Bitcoingirl: your shorting? seen as your a girl I don't advise that lol
[2016-06-13 09:12:25] Bitcoingirl : Yumi: DPE only applies to profits?
[2016-06-13 09:12:30] Yumi : yes
[2016-06-13 09:12:48] Yumi : funding payments are not subject to DPE either
[2016-06-13 09:12:51] Bitcoingirl : hmm okay, so i don't pay DPE if i lose
[2016-06-13 09:12:53] Bitcoingirl : that is good haha
[2016-06-13 09:12:57] vbmithr : :)
[2016-06-13 09:13:05] vbmithr : it's dynamic profit equalization
[2016-06-13 09:13:08] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 695.90
[2016-06-13 09:13:08] REKT : Liquidated long on `XBTUSD`: Sell 66321 @ 694.73 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-06-13 09:13:12] vbmithr : not dynamic loss :)
[2016-06-13 09:13:24] Bitcoingirl : -4000 5.7530 XBT 698.84
[2016-06-13 09:13:27] REKT : Liquidated long on `XBTUSD`: Sell 210 @ 693.90
[2016-06-13 09:13:36] Bitcoingirl : wow
[2016-06-13 09:13:46] Bitcoingirl : im glad i shorted at 698.84
[2016-06-13 09:13:49] Bitcoingirl : at 35x :D
[2016-06-13 09:13:54] Yumi : wow lucky you
[2016-06-13 09:14:11] asdfman : GJ
[2016-06-13 09:14:20] jesperf : ya ain't lucky until you realize those profits
[2016-06-13 09:14:57] Yumi : she can close even now and make profitable 30sec trade
[2016-06-13 09:15:39] Mr Blue : true, Ishould of done that at 700 an then got back in, ahh so lazy
[2016-06-13 09:15:51] Bitcoingirl : i just realised
[2016-06-13 09:15:57] Bitcoingirl : deposited 0.2 btc, now 0.35
[2016-06-13 09:15:58] Bitcoingirl : im happy
[2016-06-13 09:16:13] Yumi : anyway I dont think swap is tradable atm with that funding rate and DPE
[2016-06-13 09:16:30] Yumi : for sure not to be long
[2016-06-13 09:17:47] Mr Blue : Bitcoingirl: grats
[2016-06-13 09:22:25] BTCDJS : Bitcoingirl: Nice
[2016-06-13 09:22:48] Bacon futures trader : all these dip buyers
[2016-06-13 09:23:07] Bacon futures trader : moon above 720 lol
[2016-06-13 09:23:21] Yumi : dont you know "buy the dip" thats how you make money in a bubble
[2016-06-13 09:23:32] asdfman : If I want to sell a short, will it be sold at the current leverage, or the leverage I ordered in the begining?
[2016-06-13 09:23:49] asdfman : there is a big difference
[2016-06-13 09:23:56] Yumi : the leverage you have set on your position
[2016-06-13 09:24:20] asdfman : how does that differ from the "current leverage"
[2016-06-13 09:25:01] Yumi : do you have isolated margin or cross margin?
[2016-06-13 09:25:04] wurstgelee : leverage doesnt matter for that. if u go long 100 conts and sell $5 higher, u make the same amount of $BTC if u have 10x or 50x leverage
[2016-06-13 09:26:12] Yumi : leverage only matters for your liquidation price
[2016-06-13 09:26:53] asdfman : so if I go long 50x and sell higher @50x i make 50x no matter what it say the current leverage is, on the sell-window?
[2016-06-13 09:27:18] asdfman : comma error.. sorry
[2016-06-13 09:27:49] Yumi : if you buy 1 contract at 100 and then sell it at 110 you make 10 profit
[2016-06-13 09:28:26] Yumi : leverage only decide when you get liquidated when trade goes against you
[2016-06-13 09:31:51] Yumi : if you have 1 btc and use 50x leverge you can open position up to 50 btc in size, but even small change in price in wrong direction will liquidate you
[2016-06-13 09:47:09] asdfman : Thanks :)
[2016-06-13 09:48:06] Bacon futures trader : dump it
[2016-06-13 09:51:17] REKT : Liquidated long on `XBTUSD`: Sell 21 @ 687.40
[2016-06-13 09:51:17] REKT : Liquidated long on `XBTUSD`: Sell 4500 @ 687.21
[2016-06-13 09:51:27] REKT : Liquidated long on `XBTUSD`: Sell 12500 @ 686.99
[2016-06-13 09:54:28] Bacon futures trader : dip buyersmight get rekt her
[2016-06-13 09:55:18] BTCDJS : Bacon futures trader: yeah theres gonna definitely be a retrace.
[2016-06-13 09:55:36] BTCDJS : low 600s even bellow 600
[2016-06-13 09:59:10] micmix : I'm glad everyone knows what's going to happen. Make sure to bet your money on it :wink:
[2016-06-13 09:59:43] lockhedge : micmix: i'm currently experiencing timeouts and "Bad Request" errors on the API, do you also have any issues?
[2016-06-13 10:00:01] micmix : lockhedge: let me check the logs
[2016-06-13 10:00:34] micmix : lockhedge: nope, all good here
[2016-06-13 10:00:45] lockhedge : micmix: thanks, it seems that i only have issues with the BitMEX api
[2016-06-13 10:01:23] tscha : Wally/Sam, you here?
[2016-06-13 10:02:26] BTCDJS : micmix: even the ego needs a little correction every now and again
[2016-06-13 10:03:02] BitMEX_Arthur : tscha: HI how can I help
[2016-06-13 10:03:42] micmix : BTCDJS: after playing this game for many years I'm ready to admit that I can't predict the future :smile:
[2016-06-13 10:03:50] Yumi : BitMEX_Arthur: how come funding rate cap was stealthy changed from 1.125% daily to 1.125% every 8 hours
[2016-06-13 10:04:15] BitMEX_Arthur : Yumi: The funding cap was always on a per period basis
[2016-06-13 10:04:24] BitMEX_Arthur : We just increased the frequency of when it is charged
[2016-06-13 10:04:25] BTCDJS : micmix: one day Ill be ready too. but for now Im a sooth sayer
[2016-06-13 10:04:37] tscha : BitMEX_Arthur: `Funding pays out every 8 hours starting at 14:00 (12:00 UTC). Buyers pay the .XBTUSDPI8H Index interest rate. Sellers receive the .XBTUSDPI8H Index interest rate.` --> you should mention quote funding rate and base funding rate too, otherwise it's not entirely correct
[2016-06-13 10:04:58] Yumi : so if you change to charing funding rate every hour, the cap will be 1.125% an hour?
[2016-06-13 10:05:22] stf28 : 1% after this night already ?? crazy !!
[2016-06-13 10:05:44] tscha : premium rate is just part of the funding rate, but not all of it
[2016-06-13 10:05:51] stf28 : if everyone turns short we'll have the same problem of fundings
[2016-06-13 10:07:00] Bacon futures trader : That's like > 3% per day
[2016-06-13 10:08:45] Yumi : tscha: it said in email "If the Bitfinex lending rates are lower than the premium the swap traded at over the past 8 hours, the funding rate will be increased to the level of the premium."
[2016-06-13 10:09:02] Yumi : so its like instead of, not additional
[2016-06-13 10:09:08] Yumi : at least as I understand it
[2016-06-13 10:10:44] BitMEX_Arthur : If the Quote - Base rate is < the premium index value, we use the premium index value
[2016-06-13 10:11:04] BitMEX_Arthur : But the rate is floored at the Quote - Base rate
[2016-06-13 10:11:10] Yumi : BitMEX_Arthur: in the email from 29th of May it said "The daily funding rate for all BitMEX swaps will now be capped at 75% of the Initial Margin minus the Maintenance Margin." it never was mention cap got changed to "per funding period"
[2016-06-13 10:11:22] tscha : ok, this should be made a bit more clear in the funding rate tooltip on contract details - for the people who didn't read the mail
[2016-06-13 10:11:39] BitMEX_Arthur : Yes that is the global level, also it is clearly explained in the swaps guide
[2016-06-13 10:13:29] tscha : in the swaps guide, it is explained well
[2016-06-13 10:17:00] stf28 : so this funding rates correlates this market to spot ?
[2016-06-13 10:18:00] tscha : BitMEX_Arthur: btw, I think the tooltip on `funding rate` in the contract details is wrong. It says that the funding rate `is created by substracting the quote currency's daily funding rate from the base currency's daily funding rate` - shouldn't it be the other way round? Because `Funding Rate = Funding Quote Index - Funding Base Index`
[2016-06-13 10:18:49] Yumi : BitMEX_Arthur: swap with 9% DPE, 800K outstanding liquidation and 1.125% funding fee every 8 hours is not tradable, and you know it
[2016-06-13 10:19:47] BitMEX_Arthur : Yumi: We believe the high rates will correct this situation shortly. The liquidation order's bid price will rise to the mark price at 12:00 GMT, anyone who wants to earn a high rate of interest will sell into that order
[2016-06-13 10:20:43] micmix : lockhedge: I've got couple of API engine errors and websocket disconnect just now
[2016-06-13 10:20:45] Yumi : yes, I understand thats the plan, unless we pump again
[2016-06-13 10:21:18] BitMEX_Arthur : Yumi: The high rates have already caused the swap price to trade around the mark price which ultimately is the goal
[2016-06-13 10:21:27] BitMEX_Arthur : tscha: taking a look at that
[2016-06-13 10:21:55] BitMEX_Wally : micmix: One of the API servers was rebooted briefly
[2016-06-13 10:22:08] micmix : BitMEX_Wally: ok, cool
[2016-06-13 10:24:46] BitMEX_Wally : Yumi: Why are people trading it then?
[2016-06-13 10:25:30] BitMEX_Arthur : tscha: thank you for pointing that out, we will update the description
[2016-06-13 10:25:44] tscha : no prob
[2016-06-13 10:28:43] Yumi : BitMEX_Wally: well you know answer
[2016-06-13 10:29:43] BTCDJS : noobs
[2016-06-13 10:30:02] rapidtrades : regarding sept, rapidtrades : BitMEX_Wally: could smone buy those few thousand contracts to 1977 then place a bid at 1900 right away, rekting most shorts?
[2016-06-13 10:30:03] BTCDJS : 70% are all noobs
[2016-06-13 10:30:29] rapidtrades : also what will be the fee after rebalance
[2016-06-13 10:32:19] BitMEX_Wally : You can look at the index here: https://www.bitmex.com/app/index/.XBTUSDPI I reckon it will be 0.82%
[2016-06-13 10:34:52] lockhedge : curent 8h TWAP is already 0.85%, it will very probably be lower than 0.8% in 1 hour
[2016-06-13 10:37:17] yerb : funding rate is insane, wtf are you doing, people are starting to shy away from bitmex
[2016-06-13 10:38:03] Yumi : actually volume keeps going up ;)
[2016-06-13 10:38:44] yerb : now i know several people who just went to OKC to play quarterly contract
[2016-06-13 10:38:53] yerb : its becoming a trend
[2016-06-13 10:38:57] Yumi : https://twitter.com/ThisIsNuse/status/742078416657223680
[2016-06-13 10:39:17] Yumi : check the comment, that's the image of bitmex
[2016-06-13 10:39:40] zanza : should be fixed now yerb
[2016-06-13 10:40:06] zanza : the previous interest rate they were using was causing bad pricing
[2016-06-13 10:40:48] Bitcoingirl : just to confirm, i have shorted 5.79 xbt
[2016-06-13 10:40:52] Bitcoingirl : in one hour I will receive 0.057 btc?
[2016-06-13 10:42:34] lockhedge : Bitcoingirl: you should receive 0.065 btc (1.125%)
[2016-06-13 10:44:11] tscha : Bitcoingirl: first girl in the cryptocurrency trading world. welcome!
[2016-06-13 10:45:21] BitMEX_Wally : We have female traders on our platform, I doubt Bitcoingirl is one of them
[2016-06-13 10:45:54] BTCDJS : tscha: I thought you were a girl
[2016-06-13 10:47:00] tscha : It's a pitty that there are so few women involved in bitcoin trading... but I guess that's what you get when you mix Bitcoin + Finance
[2016-06-13 10:47:16] tscha : BitMEX_Wally: do you know the approx. women % on your platform?
[2016-06-13 10:47:52] BitMEX_Wally : tscha: We don't collect that information. We only ask for ID when people lose 2FA
[2016-06-13 10:48:06] messiaen8844 : he knows rapids mom
[2016-06-13 10:48:36] micmix : BitMEX_Wally: you should ask for gender info and confirm via Skype if someone claims to be a female
[2016-06-13 10:48:51] Bitcoingirl : BitMEX_Wally: lol why do you doubt I'm a girl?
[2016-06-13 10:48:57] tscha : confirm via okcupid
[2016-06-13 10:48:59] micmix : then you can advertise that there are female traders on Bitmex
[2016-06-13 10:49:11] Bitcoingirl : there is women on the internet you know
[2016-06-13 10:50:08] BitMEX_Wally : Bitcoingirl: Because your name is Mark
[2016-06-13 10:50:15] BitMEX_Wally : Doesn't sound very feminine
[2016-06-13 10:50:30] BTCDJS : Ha Ha Ha
[2016-06-13 10:50:47] Bitcoingirl : BitMEX_Wally: now I'm curious
[2016-06-13 10:50:54] BTCDJS : what are you playing at mark?
[2016-06-13 10:50:56] Bitcoingirl : why do you think my name is mark?
[2016-06-13 10:51:04] Bitcoingirl : (it isn't.)
[2016-06-13 10:51:20] BitMEX_Wally : I'm trolling you
[2016-06-13 10:51:45] tscha : :)
[2016-06-13 10:51:46] BTCDJS : had me going there
[2016-06-13 10:51:56] Bitcoingirl : ¯\_(ツ)_/¯
[2016-06-13 10:52:21] tscha : Bitcoingirl: we are all neckbeards here, it's hard to convince us you are a girl
[2016-06-13 10:52:42] Bitcoingirl : lol i don't care less about convincing neckbeards on the internet
[2016-06-13 10:53:08] Yumi : get told
[2016-06-13 10:53:11] BitMEX_Wally : Any HK people here? Arthur and I are going to the Bitcoin Association of Hong Kong junk boat party
[2016-06-13 10:53:38] BTCDJS : OOOohhh a strong confident woman. rare...
[2016-06-13 10:53:44] justinlooking : but but but 2of3, what if it sinks!
[2016-06-13 10:54:33] BTCDJS : well rare where I live anyway
[2016-06-13 10:55:22] tscha : this is me: http://i.imgur.com/NI3iONT.png
[2016-06-13 10:55:32] tscha : anybody else dare to post his pic?
[2016-06-13 10:55:47] tscha : (or her)
[2016-06-13 10:55:56] BTCDJS : tscha: nah thats sad
[2016-06-13 10:56:02] BitMEX_Wally : ![](http://i.imgur.com/NI3iONT.png)
[2016-06-13 10:56:37] tscha : BTCDJS: that's just how I look :(
[2016-06-13 10:56:38] BitMEX_Wally : Save you clicking
[2016-06-13 10:57:09] messiaen8844 : where can I get BTCJPY chart of Quoine?
[2016-06-13 10:57:16] jesperf : oh no bitmex has a secret webcam photo feature now?
[2016-06-13 10:57:26] justinlooking : messiaen8844: cryptowat.ch ?
[2016-06-13 10:58:03] messiaen8844 : ah, thanks. Not on TradingView, damn
[2016-06-13 10:58:04] BTCDJS : tscha: I meant posting pics.
[2016-06-13 10:58:58] luckynuke : why so bearisch ?
[2016-06-13 10:59:36] jesperf : why such a beard and no 'stache?
[2016-06-13 11:00:42] BTCDJS : jesperf: post your pic.
[2016-06-13 11:07:43] BTCDJS : What ould be a great name for a bank starting with M
[2016-06-13 11:08:31] BitMEX_Arthur : messiaen8844: they should have one on cryptowat.ch
[2016-06-13 11:19:32] messiaen8844 : found, thanks
[2016-06-13 11:21:27] messiaen8844 : I'm glad you guys got the 100x back on, please write a blog post about it, would like to hear your take on JPY coming back to bitcoin
[2016-06-13 11:22:05] Bitcoingirl : 100x back one?? where?
[2016-06-13 11:22:42] BTCDJS : XBJ24H top next to XBTUSD
[2016-06-13 11:22:58] Bacon futures trader : fomo
[2016-06-13 11:31:42] REKT : Liquidated long on `XBTUSD`: Sell 372 @ 697.16
[2016-06-13 11:31:42] REKT : Liquidated long on `XBTUSD`: Sell 13 @ 696.99
[2016-06-13 11:34:07] lockhedge : micmix: there seems to be a problem with okc's api now
[2016-06-13 11:46:29] rapidtrades : the longs don't plan to give up huh
[2016-06-13 11:47:26] aethlios : rapidtrades: longs are delusional.
[2016-06-13 11:47:43] BTCDJS : i hope they push just a little bit higher
[2016-06-13 11:47:54] BTCDJS : 703 hopefully
[2016-06-13 11:48:44] aethlios : the good part is volume and volatility is back, so we can trade. old good btc
[2016-06-13 11:53:03] billz : coinbase is at 704 already
[2016-06-13 11:53:33] BTCDJS : i meant here
[2016-06-13 11:53:44] rapidtrades : i meant here too
[2016-06-13 11:54:01] rapidtrades : oh well..prepare ur aholes longers
[2016-06-13 11:54:26] BTCDJS : ok I've lowered my expectations 699
[2016-06-13 11:54:51] luckynuke : okcoin 708$
[2016-06-13 11:54:57] BTCDJS : one last little thrust before you come
[2016-06-13 11:55:03] luckynuke : wtf no woodchipper. Okcoin
[2016-06-13 11:55:09] luckynuke : lool
[2016-06-13 11:55:34] rapidtrades : u can't avoid the censor b1tch
[2016-06-13 11:55:48] luckynuke : o k c o i n
[2016-06-13 11:55:53] luckynuke : ahhh
[2016-06-13 11:56:10] rapidtrades : try the n-word
[2016-06-13 11:56:14] luckynuke : fuck the censor
[2016-06-13 11:56:16] BTCDJS : come on finex just a little bit more.
[2016-06-13 11:56:23] luckynuke : f u c k the censor
[2016-06-13 11:56:34] rapidtrades : lol nuke's mad
[2016-06-13 11:56:43] luckynuke : little bit maybe
[2016-06-13 11:56:45] BTCDJS : luckynuke: yeah try the n word
[2016-06-13 11:56:49] BTCDJS : its funny
[2016-06-13 11:56:55] luckynuke : what n word ?
[2016-06-13 11:57:12] rapidtrades : for black people
[2016-06-13 11:57:22] luckynuke : negro ?
[2016-06-13 11:57:26] rapidtrades : wtf man
[2016-06-13 11:57:31] luckynuke : :D
[2016-06-13 11:57:33] billz : nigga?
[2016-06-13 11:57:39] BTCDJS : :D
[2016-06-13 11:57:39] rapidtrades : that was just ugly @luckynuke
[2016-06-13 11:57:52] luckynuke : wow
[2016-06-13 11:57:53] luckynuke : dont cry
[2016-06-13 11:58:46] BTCDJS : yeah pretty disgusting. Change with the times man
[2016-06-13 11:59:03] Mr Blue : coinbase 706 okc 707
[2016-06-13 11:59:28] luckynuke : up with bitcoin. btc e 675, finex 693, china far above 715
[2016-06-13 12:00:06] REKT : Liquidated short on `XBTUSD`: Buy 803508 @ 698.01 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-06-13 12:00:18] tscha : wow
[2016-06-13 12:00:28] tscha : oh
[2016-06-13 12:00:35] tscha : just funding
[2016-06-13 12:01:02] stf28 : don't understand, were short, no 1% earned ?
[2016-06-13 12:01:05] lockhedge : mark price increased 0.77%
[2016-06-13 12:01:21] rapidtrades : stf28: check ur history
[2016-06-13 12:01:22] luckynuke : get rekt shorters
[2016-06-13 12:01:28] BTCDJS : so because of funding price went up?????
[2016-06-13 12:01:38] luckynuke : next target 900
[2016-06-13 12:01:47] BitMEX_Wally : stf28: Check your trade history for 'Funding': https://www.bitmex.com/app/tradeHistory
[2016-06-13 12:02:41] stf28 : yeah funding -1.125% but after it made like 20orders at 0.75%, why ?
[2016-06-13 12:03:27] BTCDJS : luckynuke: don't be silly
[2016-06-13 12:03:46] BitMEX_Wally : The new funding rate is now 0.75% because the observed premium dropped
[2016-06-13 12:03:59] BitMEX_Wally : https://www.bitmex.com/app/index/.XBTUSDPI8H
[2016-06-13 12:04:11] rapidtrades : cmon rally u b1tch
[2016-06-13 12:04:12] BitMEX_Wally : 0.7787%
[2016-06-13 12:04:13] stf28 : no no i'm talking about orders passed without any action of mine
[2016-06-13 12:04:23] stf28 : at every funding it does this
[2016-06-13 12:04:46] BitMEX_Wally : stf28: I am not sure what you are saying. Please explain what the issue is
[2016-06-13 12:04:47] rapidtrades : are u trading at fixed margin and get margin called?
[2016-06-13 12:04:52] rapidtrades : stf28:
[2016-06-13 12:05:09] stf28 : every day at the same time, during funding the system passes order for me, i don't want it
[2016-06-13 12:05:11] rapidtrades : mark price just jumped $8 dollars
[2016-06-13 12:05:19] rapidtrades : stf28: are ur orders closed now
[2016-06-13 12:05:30] stf28 : don't think i was called, no they close and reopen it
[2016-06-13 12:05:38] stf28 : everytime at my disadvantage
[2016-06-13 12:05:40] rapidtrades : weird
[2016-06-13 12:06:03] stf28 : i thought it was normal action since it does this everytime
[2016-06-13 12:06:06] rapidtrades : prolly just newb talk....support should clear it up
[2016-06-13 12:06:15] luckynuke : halving in 1 month. still time for growing :)
[2016-06-13 12:06:21] rapidtrades : nope
[2016-06-13 12:06:49] Yumi : hello support, my issue is I got rekt, fix please ;)
[2016-06-13 12:06:52] luckynuke : wat
[2016-06-13 12:07:00] stf28 : Yumi: yes exactly ^^
[2016-06-13 12:07:18] arbitrage001 : where can i view dpe in the account page?
[2016-06-13 12:07:18] luckynuke : https://www.weusecoins.com/why-bitcoin-growth-normal/
[2016-06-13 12:07:30] arbitrage001 : how it impact profit and loss
[2016-06-13 12:07:36] BitMEX_Wally : stf28: are you using a bot to trade, I see you submitting orders via the API
[2016-06-13 12:07:50] yerb : whats up with this wall
[2016-06-13 12:08:05] Yumi : rapidtrades: did you get answer about XBTU16 price marking?
[2016-06-13 12:08:09] yerb : liquidation?
[2016-06-13 12:08:09] rapidtrades : yerb: its the old liquidation
[2016-06-13 12:08:13] rapidtrades : Yumi: nope
[2016-06-13 12:08:15] stf28 : yes, but just recently @BitMEX_Wally
[2016-06-13 12:08:16] BTCDJS : yerb: its a better wall than trump could ever build
[2016-06-13 12:08:23] luckynuke : BitMEX_Wally: what is the oldest long ?
[2016-06-13 12:08:24] rapidtrades : they avoided my q twice now
[2016-06-13 12:08:26] yerb : hehe
[2016-06-13 12:08:27] chromaticcr1 : lol @BTCDJS
[2016-06-13 12:08:34] BitMEX_Wally : At 2016.06.13 11:59:49 you submitted an order to sell XBTUSD at 697.23 and then after funding the it was filled 2016.06.13 12:00:09
[2016-06-13 12:08:56] chromaticcr1 : you know what? This is great wall of china 2.0
[2016-06-13 12:08:57] BitMEX_Wally : BitMEX is not placing orders for you. You are running a bot that is placing orders
[2016-06-13 12:09:09] stf28 : orders from my bot aren't supposed to pay 0.075 no?
[2016-06-13 12:09:18] rapidtrades : wat
[2016-06-13 12:09:52] BitMEX_Wally : stf28: Your bot will pay the 0.075% taker fee it if submits an aggressive order that trades against the order book immediately
[2016-06-13 12:10:18] BitMEX_Wally : Send `execInst: ParticipateDoNotInitiate` if you would like it to cancel orders that will pay the taker fee
[2016-06-13 12:10:21] stf28 : every funding it's the same, no orders from me, just the system rebuying my position at different price is that normal behavior?
[2016-06-13 12:10:31] BTCDJS : stf28: train your bot to make you regular cups of coffee.
[2016-06-13 12:10:33] stf28 : BitMEX_Wally: you can see my bot is trading only for 2 days
[2016-06-13 12:10:41] yerb : why isnt this wall placed lower?
[2016-06-13 12:11:13] BitMEX_Wally : stf28: You placed an order to sell Bitcoin at 696.42 when the bid price was 698.01 so it immediately traded and you paid the 0.075% taker fee
[2016-06-13 12:11:28] rapidtrades : idk guess arthur wants it finally cleared @yerb
[2016-06-13 12:11:29] Yumi : yerb: it got placed at mark price
[2016-06-13 12:11:38] rapidtrades : Yumi: nope
[2016-06-13 12:11:44] arbitrage001 : BitMEX_Wally: where can i see the dpe effect on the account page?
[2016-06-13 12:11:55] rapidtrades : its being aggressed
[2016-06-13 12:11:58] BTCDJS : rapidtrades: so shooters are bona get REKT?
[2016-06-13 12:12:12] BTCDJS : shorters
[2016-06-13 12:12:20] rapidtrades : see they're moving it up
[2016-06-13 12:12:40] Yumi : but who is paying for that?
[2016-06-13 12:12:48] BitMEX_Wally : stf28: Please send an email to support@bitmex.com with logs explaining exactly what the problem is. As far as I can tell your system is submitting orders that are aggressing into the market
[2016-06-13 12:12:51] rapidtrades : arthur
[2016-06-13 12:13:12] Yumi : no honestly
[2016-06-13 12:13:17] yerb : shorting party is on :)
[2016-06-13 12:13:23] BTCDJS : lol
[2016-06-13 12:13:26] stf28 : BitMEX_Wally: thanks, i don't usually write to btc xchanges support...
[2016-06-13 12:13:39] Bacon futures trader : 10/10 would not short
[2016-06-13 12:13:46] luckynuke : bitmex so bullish
[2016-06-13 12:13:59] yerb : hehe
[2016-06-13 12:14:05] yerb : its fugazzi
[2016-06-13 12:14:05] BitMEX_Wally : The short liquidation position received funding so it is being aggressed
[2016-06-13 12:14:11] mjmj83 : is it possible to create more accounts? Or subaccounts?
[2016-06-13 12:14:41] BitMEX_Wally : mjmj83: You can create as many accounts as you like. If you use gmail you can use `your.email+somerandomalias@gmail.com`
[2016-06-13 12:14:42] Yumi : shouldnt funding be used to reduce profit cuts from last 24 hours?
[2016-06-13 12:14:50] yerb : some idiot is placing buy orders in front of the wall
[2016-06-13 12:15:08] yerb : probably bot
[2016-06-13 12:15:10] BitMEX_Wally : Yumi: The liquidation order needs to be filled and any remaining margin will go into the insurance fund to reduce future DPE
[2016-06-13 12:15:11] mjmj83 : thanks!
[2016-06-13 12:15:44] luckynuke : china is staying faw above 700
[2016-06-13 12:16:06] BTCDJS : damn. Wish I stuck to my original short order of 710 :/
[2016-06-13 12:16:09] BitMEX_Wally : arbitrage001: You can view the DPE history here: https://www.bitmex.com/app/settlementHistory
[2016-06-13 12:16:37] arbitrage001 : BitMEX_Wally: ok. but the effect on my pnl?
[2016-06-13 12:17:10] arbitrage001 : how was the loss distributed among traders
[2016-06-13 12:17:24] rapidtrades : arbitrage001: u got all of it
[2016-06-13 12:17:29] rapidtrades : sry try again
[2016-06-13 12:17:49] arbitrage001 : rapidtrades: dont understand
[2016-06-13 12:18:06] Yumi : to beat the system you have to make sure you have negative profit at rebalance
[2016-06-13 12:18:07] rapidtrades : arbitrage001: DPE distrubution is luck-based
[2016-06-13 12:18:26] rapidtrades : it picks several accounts per random
[2016-06-13 12:18:29] BitMEX_Wally : The rate was 12.48% and so look at your CashRebalance here: https://www.bitmex.com/app/wallet Just take the net rebalance you received and divide by 1-0.1248 to get the gross PNL
[2016-06-13 12:19:18] rapidtrades : cmon let's rally
[2016-06-13 12:19:23] arbitrage001 : Yumi: you mean if a trader pnl is negative during that time, he isnt affected?
[2016-06-13 12:19:51] Yumi : no profits, no cuts, easy game, easy life
[2016-06-13 12:20:11] rapidtrades : no profits, no tax
[2016-06-13 12:20:14] arbitrage001 : BitMEX_Wally: can you confirm what yumi stated is true?
[2016-06-13 12:20:15] rapidtrades : just ask amazon
[2016-06-13 12:20:20] BTCDJS : are we really going up?
[2016-06-13 12:20:30] BitMEX_Wally : The DPE rate applies equally to all net profits during that rebalance interval
[2016-06-13 12:20:30] rapidtrades : idk finex 695
[2016-06-13 12:20:38] Mr Blue : my profit seems down, got at 690 sold at 710, had just over 6000 so 10 BTC + x $20 should = $200 - fee's but only got 0.152 in withheld profit, still a nice trade but seems 0.1 BTC down lol
[2016-06-13 12:20:38] rapidtrades : BTCDJS: hope so
[2016-06-13 12:20:39] lockhedge : Yumi: best case scenario during dpe: no profit from trading, but profit from commissions and interest which are not subject to dpe
[2016-06-13 12:20:42] haxmb : someone hedging @ finex
[2016-06-13 12:20:56] BitMEX_Wally : Yes, commissions and funding are not subject to DPE
[2016-06-13 12:21:09] arbitrage001 : BitMEX_Wally: if there is no profit, then there is no cut due to dpe?
[2016-06-13 12:21:20] BitMEX_Wally : arbitrage001: Correct, only profits are adjusted, not losses
[2016-06-13 12:21:26] BTCDJS : its sleger
[2016-06-13 12:21:26] arbitrage001 : BitMEX_Wally: ok thank you
[2016-06-13 12:21:34] rapidtrades : BTCDJS: where
[2016-06-13 12:21:46] BTCDJS : hes pouring all his money in finex
[2016-06-13 12:21:53] rapidtrades : ah
[2016-06-13 12:22:05] BTCDJS : haxmb: someone hedging @ fine @rapidtrades
[2016-06-13 12:22:26] rapidtrades : guess 0.77% is not bad
[2016-06-13 12:23:04] BTCDJS : damn. looks like Im flogging a dead horse here
[2016-06-13 12:23:10] rapidtrades : i would prefer 1.1% tho
[2016-06-13 12:23:11] arbitrage001 : 0.77% for 8 hours
[2016-06-13 12:23:18] rapidtrades : yah
[2016-06-13 12:23:57] aethlios : arbitrage001: this order will keep next premium high
[2016-06-13 12:24:10] arbitrage001 : aethlios: what order
[2016-06-13 12:24:17] aethlios : arbitrage001: dpe order
[2016-06-13 12:24:18] Yumi : just get ride of liquidation before next pump
[2016-06-13 12:24:32] rapidtrades : nope keep it
[2016-06-13 12:24:33] stf28 : bfx lol
[2016-06-13 12:24:36] arbitrage001 : aethlios: it will go away if price correct just a little bit
[2016-06-13 12:25:35] Bacon futures trader : moon
[2016-06-13 12:26:38] aethlios : okcoin futures don't want to go higher, spread converged
[2016-06-13 12:26:53] rapidtrades : don't worry about it @aethlios
[2016-06-13 12:27:14] aethlios : rapidtrades: sell off is close, below 600 soon
[2016-06-13 12:27:38] arbitrage001 : aethlios: people are predicting 3000 usd
[2016-06-13 12:27:40] Mr Blue : itbit just joined the $700 club for all you guys who are still long, so itbit coinbase and okc all over 700.. but as I need to buy back in hoping for a drop lol
[2016-06-13 12:27:58] Blargwaffle : 900-1000 a week after halving.
[2016-06-13 12:28:52] lockhedge : is Bitcoin now always pumping after BitMEX's mark price jumps at funding/rebalance?
[2016-06-13 12:28:52] Yumi : 719?! guys, this premium is way too high, I just was on the phone with Arthur and he said if you wont get it in check with mark price there will be "premium tax" introduced - everyone who is long on swap will be taxed every hour 1% of total account value, as long until premium wont get down ;) ;)
[2016-06-13 12:29:01] laurenssteen : Blargwaffle: you're not allowed to say that here. Last time I said that, I was called a newbie ;)
[2016-06-13 12:29:17] BTCDJS : well fuck me we are actually going up
[2016-06-13 12:29:20] Blargwaffle : Things change.
[2016-06-13 12:29:21] Mr Blue : finex joined 700 club, I'm buying back in lol
[2016-06-13 12:31:07] elmorte : Shattered 700 on finex
[2016-06-13 12:31:26] yerb : anothe
[2016-06-13 12:32:22] yerb : im not spammin the chat, the website froze
[2016-06-13 12:32:38] Yumi : website is fine
[2016-06-13 12:32:52] Blargwaffle : I've seen website be odd, it's fine now.
[2016-06-13 12:33:21] yerb : sometimes website freezes
[2016-06-13 12:33:46] BitMEX_Wally : Yumi: Arthur said no such thing, he will come into this trollbox now to confirm
[2016-06-13 12:33:55] stf28 : 1% by hour ??
[2016-06-13 12:34:02] Yumi : lol
[2016-06-13 12:34:04] BTCDJS : bull trap?
[2016-06-13 12:34:16] Yumi : I put 2 winks in the end
[2016-06-13 12:34:22] Bacon futures trader : Someone fill my shorts
[2016-06-13 12:34:26] lockhedge : a few flash crashes around 12:00 UTC https://tradeblock.com/markets/huob/xbt-cny/1m/
[2016-06-13 12:34:55] lockhedge : that's 7-8% down each time
[2016-06-13 12:35:41] rapidtrades : lockhedge: don't worry about it
[2016-06-13 12:37:45] ButchPooch : Why do I have to wait 4 days for cash rebalance?
[2016-06-13 12:37:48] lockhedge : rapidtrades: it doesn't tell anything about the direction, just about liquidity and market quality
[2016-06-13 12:37:51] ButchPooch : And what does it mean?
[2016-06-13 12:37:56] elmorte : Bacon futures trader: fill your own shorts man, lol
[2016-06-13 12:38:27] BitMEX_Wally : ButchPooch: XBTUSD rebalances daily, the other contracts every Friday
[2016-06-13 12:38:44] Bitcoingirl : this bubble is so bubblely
[2016-06-13 12:38:49] ButchPooch : What does it mean? Will my balance be reduced?
[2016-06-13 12:39:08] rapidtrades : Bitcoingirl: <<<<scholar of the markets right here
[2016-06-13 12:39:10] BitMEX_Wally : Rebalance means that you will be able to withdraw your profit
[2016-06-13 12:39:28] haxmb : BitMEX_Wally: when did you guys change the calc for the contract value
[2016-06-13 12:39:33] haxmb : for XBTUSD
[2016-06-13 12:39:36] elmorte : I'm close to being $150 below market other on my short
[2016-06-13 12:39:48] elmorte : Other = price
[2016-06-13 12:39:50] BitMEX_Wally : haxmb: It has always been `-1 / price`
[2016-06-13 12:39:58] BitMEX_Wally : For XBTUSD
[2016-06-13 12:40:18] haxmb : erm
[2016-06-13 12:40:23] Bitcoingirl : BitMEX_Wally: maybe you need a market maker to arbitrage XBT and spot?
[2016-06-13 12:40:29] haxmb : 1 contract is worth $1 right?
[2016-06-13 12:40:35] BitMEX_Wally : haxmb: Correct
[2016-06-13 12:40:44] elmorte : Bitcoingirl: that would imply one of those is accurate
[2016-06-13 12:40:46] rapidtrades : woooo $700 hype!!!!!!!!!!!!!!!!!!!!
[2016-06-13 12:40:58] BitMEX_Wally : So the value in Bitcoin is `-1 / price`
[2016-06-13 12:41:02] haxmb : ok cheers
[2016-06-13 12:41:04] ButchPooch : BitMEX_Wally: could you please link me where to learn what unrealised ROE, PNL are?
[2016-06-13 12:41:22] BitMEX_Wally : Unrealised PNL is the profit/loss between your entry price and the current mark price
[2016-06-13 12:41:44] BitMEX_Wally : ROE is return on equity which is your Unrealised PNL as a percentage multiplied by your leverage setting
[2016-06-13 12:41:58] elmorte : I can't tell when @BitMEX_Wally is trolling, he's too subtle
[2016-06-13 12:42:01] Blargwaffle : No DPE? huh...
[2016-06-13 12:42:27] ButchPooch : BitMEX_Wally: i don't get how could ROE be already 20% as soon as I open the position