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 08:28:39] 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 : 
[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
[2016-06-13 12:42:34] elmorte : Poor sods paid for it at noon UTC @Blargwaffle
[2016-06-13 12:42:45] Blargwaffle : Dang, what was it?
[2016-06-13 12:42:51] BitMEX_Wally : If you are on 50x then that means the mark price is 0.4% above your entry price
[2016-06-13 12:43:01] elmorte : 11% last I logged in
[2016-06-13 12:43:05] Blargwaffle : Guh.
[2016-06-13 12:43:15] Bacon futures trader : I got a short that should be underwater but I'm having a positive pnl somehow
[2016-06-13 12:43:16] aethlios : ButchPooch: mark price below spot
[2016-06-13 12:43:16] elmorte : I'm sure there's a link to it
[2016-06-13 12:43:21] Yumi : ButchPooch: dont look at ROE, its useless confusing stat, focus on entry and exit price
[2016-06-13 12:43:32] aethlios : Bacon futures trader: mark price below spot
[2016-06-13 12:43:32] ButchPooch : BitMEX_Wally: thanks. And what abkut realozed PNL?
[2016-06-13 12:43:34] Bitcoingirl : wait
[2016-06-13 12:43:37] Bitcoingirl : my liquidation price is 717.96
[2016-06-13 12:43:44] elmorte : Oh snap
[2016-06-13 12:43:45] ButchPooch : Yumi: as I supposed, ty
[2016-06-13 12:43:59] elmorte : Bitcoingirl: check your leverage!
[2016-06-13 12:44:02] luckynuke : where are the rektmessages ?
[2016-06-13 12:44:07] Bitcoingirl : my leverage is 24.83x right now
[2016-06-13 12:44:16] elmorte : luckynuke: REKT got REKT
[2016-06-13 12:44:25] Bacon futures trader : aethlios: Feeling a bit retarded but what is mark price compared to spot price?
[2016-06-13 12:44:27] BitMEX_Wally : If you pay or earn fees/funding that goes into Realised PNL. If you close a position then the difference between entry and exit price goes into Realised PNL
[2016-06-13 12:44:29] elmorte : Bitcoingirl: are you on cross?
[2016-06-13 12:44:33] Bacon futures trader : ik what spot price is
[2016-06-13 12:44:39] Bitcoingirl : elmorte: what is cross?
[2016-06-13 12:44:40] Bitcoingirl : im on 35x
[2016-06-13 12:45:00] luckynuke : BitMEX_Wally: are there any possibilities to fund the margin on bitmex ?
[2016-06-13 12:45:03] elmorte : Type of margin, under the order controls...that colourful slider
[2016-06-13 12:45:09] BitMEX_Wally : luckynuke: Sure just short XBTUSD and you will earn it
[2016-06-13 12:45:10] aethlios : Bacon futures trader: mark price is the price the system calculates p&L, see open position table.
[2016-06-13 12:45:28] BitMEX_Wally : Cross margin means your entire account balance is used to fund the position, which keeps the liquidation price as far away as possible
[2016-06-13 12:45:44] luckynuke : BitMEX_Wally: no i want to lend my bitcoin
[2016-06-13 12:45:55] Bitcoingirl : @BitMEX_Wally Do I want to do that? Can I rely on DPE kicking in?
[2016-06-13 12:46:03] Bitcoingirl : Like would I lose less if I make DPE take the hit?
[2016-06-13 12:46:03] Bacon futures trader : Unrealised pnl is postive but realised pnl is negative