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 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
[2016-06-13 12:46:24] BitMEX_Wally : Bacon futures trader: Sounds like you paid fees to enter the position (taker fees) but the price is in your favour (unrealised PNL)
[2016-06-13 12:47:07] BitMEX_Wally : luckynuke: No-one is borrowing Bitcoin here, so there is no-one to lend it to
[2016-06-13 12:47:08] ButchPooch : What if withheld profit is negative?
[2016-06-13 12:47:14] Bitcoingirl : Will BitMEX take from my account balance, or only the margin amount?
[2016-06-13 12:47:14] BitMEX_Wally : ButchPooch: Not possible
[2016-06-13 12:47:30] aethlios : people read the documentation
[2016-06-13 12:47:31] Bacon futures trader : Alright thanks @BitMEX_Wally & @aethlios
[2016-06-13 12:47:35] ButchPooch : I see it as a red line in my balance
[2016-06-13 12:47:36] luckynuke : BitMEX_Wally: would be a nice option for more user
[2016-06-13 12:47:42] BitMEX_Wally : Bitcoingirl: DPE only applies to profit made on the contract during that rebalance period
[2016-06-13 12:47:42] ButchPooch : Does it mean it will be deducted?
[2016-06-13 12:47:55] BTCDJS : BitMEX_Wally: how far away are we from withdrawals?
[2016-06-13 12:48:05] BitMEX_Wally : 13 minutes
[2016-06-13 12:48:26] BTCDJS : thanks
[2016-06-13 12:48:37] elmorte : BTCDJS: Depends on your last hit
[2016-06-13 12:48:42] ButchPooch : BitMEX_Wally: withheld profit is a red line in my balance. Does it mean it will be deducted?
[2016-06-13 12:49:09] jesperf : BTCDJS: there is a countdown on the withdraw page
[2016-06-13 12:49:19] elmorte : ButchPooch: no, it's a profit
[2016-06-13 12:49:22] BitMEX_Wally : Withheld profit means you cannot withdraw or re-leverage it. It is held incase there is DPE on your profit
[2016-06-13 12:49:32] BitMEX_Wally : So withheld profit reduces your Available Balance
[2016-06-13 12:49:33] BTCDJS : elmorte: you're just a canny lad aren't you? Bless your cotton socks
[2016-06-13 12:49:36] ButchPooch : Thanks God
[2016-06-13 12:49:49] ButchPooch : Thank you for your help. Really appreciate that
[2016-06-13 12:50:10] BitMEX_Wally : You're welcome
[2016-06-13 12:50:18] BitMEX_Wally : We have the friendliest Trollbox in Bitcoin
[2016-06-13 12:50:34] tscha : msft bought LinkedIn
[2016-06-13 12:50:57] jesperf : everybody dance now
[2016-06-13 12:50:58] jesperf : ┏(-_-)┛┗(-_- )┓┗(-_-)┛┏(-_-)┓
[2016-06-13 12:51:05] luckynuke : BitMEX_Wally: lol
[2016-06-13 12:51:37] Bitcoingirl : alright im shorting even moer at 715
[2016-06-13 12:51:54] elmorte : Bitcoingirl: fixed your liquidation price issue?
[2016-06-13 12:51:57] haxmb : short short short short
[2016-06-13 12:52:00] billz : be careful, there's a big wall at 711
[2016-06-13 12:52:01] haxmb : waaah
[2016-06-13 12:52:31] Yumi : the wall in front of liquidation got removed
[2016-06-13 12:52:50] billz : ah nice
[2016-06-13 12:53:12] Mr Blue : if we pass 745 the sky is the limit, at least till people realise and move BTC to sell on the exchanges
[2016-06-13 12:53:14] mjmj83 : how does the CashRebalance of interest work? first it was 0.11162254 and now 0.09794696 XBT?
[2016-06-13 12:53:17] rapidtrades : cmon china push this shit up or down...need to eat
[2016-06-13 12:53:34] mjmj83 : it's still pending
[2016-06-13 12:53:40] elmorte : Damn rapid, I'll chip in for pizza
[2016-06-13 12:54:39] BitMEX_Wally : mjmj83: That is the next rebalance, we show your realised PNL from this session there
[2016-06-13 12:54:57] BitMEX_Wally : The timestamp is in the future
[2016-06-13 12:55:07] mjmj83 : ah, damn, you're right :)
[2016-06-13 12:55:41] Yumi : the word is they banned the guy who put wall in front of liquidation for competition with exchange, not a place for non team players, everyone's job is to get liquidation filled
[2016-06-13 12:56:46] Blargwaffle : Where?
[2016-06-13 12:56:56] Yumi : I short a bit, you short a bit and we get job done
[2016-06-13 12:56:58] mjmj83 : But where can I see the interest I have earned today? On today's cashrebalance I see -0.05%
[2016-06-13 12:57:04] billz : i'm currently regretting selling into the liquidation lol
[2016-06-13 12:57:08] billz : hopefully this hype train takes a dip below 700 again
[2016-06-13 12:57:10] mjmj83 : but I only did short
[2016-06-13 12:57:17] BitMEX_Wally : mjmj83: See 'Funding' in your trade history: https://www.bitmex.com/app/tradeHistory
[2016-06-13 12:57:22] elmorte : On trade history @mjmj83
[2016-06-13 12:57:23] BitMEX_Wally : The funding is paid after rebalance
[2016-06-13 12:57:35] rapidtrades : minus means u got paid
[2016-06-13 12:57:37] elmorte : I
[2016-06-13 12:57:50] elmorte : The last one is a beaut!
[2016-06-13 12:59:42] mjmj83 : Thanks guys. I have to look at Funding, correct?
[2016-06-13 12:59:51] BitMEX_Wally : Yep
[2016-06-13 12:59:52] mjmj83 : Funding will be 3 times a day and Rebalance daily?
[2016-06-13 13:00:02] BitMEX_Wally : Correct
[2016-06-13 13:00:07] mjmj83 : ok
[2016-06-13 13:00:39] aethlios : BitMEX_Wally: very clever change the funding, will keep premium close to spot!!
[2016-06-13 13:01:08] Yumi : so they say
[2016-06-13 13:01:48] aethlios : with out the change the swap spot would be now 800
[2016-06-13 13:02:43] rapidtrades : lol
[2016-06-13 13:05:28] chromaticcr1 : i remembered like at the beginning of the year, we have had daily contract 50$ above spot
[2016-06-13 13:06:23] Yumi : it was a quanto future tho
[2016-06-13 13:06:35] lockhedge : chromaticcr1: November 2015
[2016-06-13 13:07:46] Mr Blue : £499 we're about to brake the £500 mark, go go Bitcoin !
[2016-06-13 13:09:16] jesperf : braking is bad
[2016-06-13 13:09:26] jesperf : there's no brake on this train
[2016-06-13 13:10:50] aethlios : I am calling a sell off and retrace to 520, get ready.
[2016-06-13 13:11:31] 3aum : how long does it take for withdrawals to hit the blockchain
[2016-06-13 13:11:54] Mr Blue : jesperf: haha wait up I'll board with you lol
[2016-06-13 13:12:04] jesperf : 3aum: come on, be patient. it says clearly that all withdrawals are processed manually
[2016-06-13 13:12:28] 3aum : sorry, i was just curious
[2016-06-13 13:12:41] jesperf : 3aum: they usually show up within the hour :)
[2016-06-13 13:13:06] 3aum : thanks
[2016-06-13 13:13:06] Yumi : I just make sure I dont have profits so I dont need to wait forever for withdrawal
[2016-06-13 13:13:07] rapidtrades : guys
[2016-06-13 13:13:11] rapidtrades : fellas
[2016-06-13 13:13:36] jesperf : rapidtrades: don't forget the gals now
[2016-06-13 13:13:49] haxmb : aethlios: -$180 ? :O
[2016-06-13 13:13:53] rapidtrades : mark is not a gal, that's offensive
[2016-06-13 13:14:16] Yumi : you saying its offensive is offensive
[2016-06-13 13:14:31] rapidtrades : STOP TRIGGERING ME
[2016-06-13 13:14:45] Bacon futures trader : Finex needs to get below 695
[2016-06-13 13:14:56] aethlios : haxmb: yes, but it is not a prediction to trade on it, just my experience with btc.
[2016-06-13 13:15:26] BitMEX_Wally : Withdrawals are being broadcast now
[2016-06-13 13:15:30] rapidtrades : if we hit 520 bubbles prolly done
[2016-06-13 13:16:13] aethlios : previous pump 220>500, retraced to 300. Now 430>710 retrace to 520. a low fib retrace.
[2016-06-13 13:16:46] rapidtrades : that pump happened in 3 days tho, that's why it crashed
[2016-06-13 13:16:52] jesperf : I can see my withdrawal now
[2016-06-13 13:16:58] Yumi : moon time, $1K easy, maybe new ATH
[2016-06-13 13:17:10] Mr Blue : that is one dirty mouth you got their man, I'm hoping we stay 700+ an moon lol
[2016-06-13 13:17:41] rapidtrades : there's no staying here...its up or down
[2016-06-13 13:18:03] rapidtrades : we're in parabolic mode now
[2016-06-13 13:18:54] aethlios : BitMEX_Wally: Hi wally, maybe you could place a color to the order book for the orders that are liquidations, so we now which are.
[2016-06-13 13:19:16] Mr Blue : rapidtrades: ye if we pass 745 will moon today for sure
[2016-06-13 13:19:18] Yumi : why nobody points out how there is no liquidity in the order book
[2016-06-13 13:19:30] jesperf : anyone sold using paypal on localbitcoins? i know it's not completely safe but the guys with 1000+ positive ratings should be pretty ok, right?
[2016-06-13 13:19:51] rapidtrades : i wouldn't do it
[2016-06-13 13:19:59] kogroken : unless they rated themselves
[2016-06-13 13:20:08] Bacon futures trader : Why not use coinbase or finex?
[2016-06-13 13:20:22] Mr Blue : jesperf: I wouldn't do it, use circle.com its free to deposit fiat to your bank
[2016-06-13 13:20:25] kogroken : I guess localbitcoins has quite a high premium
[2016-06-13 13:20:43] rapidtrades : kogroken: that's for face to face tho
[2016-06-13 13:20:45] rapidtrades : i think
[2016-06-13 13:20:51] jesperf : I don't want the money in the bank, I want to spend it through paypal
[2016-06-13 13:21:05] rapidtrades : on what
[2016-06-13 13:21:13] Mr Blue : f paypal spend your Bitcoin instead
[2016-06-13 13:21:29] jesperf : vehicular parts
[2016-06-13 13:21:34] Mr Blue : jesperf: what was you looking to buy via paypal?
[2016-06-13 13:22:07] rapidtrades : jesperf: yea that's gonna be tough to buy with bTc
[2016-06-13 13:22:17] markimarki : 700 on bitfinex
[2016-06-13 13:22:21] Mr Blue : jesperf: have you searched for a bitcoin merchant?
[2016-06-13 13:22:28] rapidtrades : its not on ebay or amazon? @jesperf
[2016-06-13 13:22:29] lockhedge : BitMEX_Wally: how is it possible that there is currently no DPE estimated?
[2016-06-13 13:22:47] jesperf : could be on ebay
[2016-06-13 13:23:00] rapidtrades : buy ebay gift card with btc
[2016-06-13 13:23:09] jesperf : can i do that without a us ebay account?
[2016-06-13 13:23:31] jesperf : i'll investigate it though, thanks
[2016-06-13 13:23:41] rapidtrades : i don't know....u should check
[2016-06-13 13:23:44] ayy_lmao : who keeps moving the 240k order
[2016-06-13 13:24:20] Bacon futures trader : volume incoming
[2016-06-13 13:27:32] lockhedge : jesperf: you can top up your paypal account with bitwala https://bitwa.la/bitcoin-paypal
[2016-06-13 13:27:55] jesperf : "Bitcoin to PayPal is currently disabled. " :P
[2016-06-13 13:28:37] lockhedge : jesperf: oh sorry, just googled the link without opening it ^^
[2016-06-13 13:28:46] jesperf : but I'm guessing it's temporary because of the action going on right now
[2016-06-13 13:28:52] jesperf : but thanks, didn't know about it!
[2016-06-13 13:32:40] elmorte : jesperf: how much you selling for?
[2016-06-13 13:35:13] jesperf : elmorte: just 2 btc at current spot
[2016-06-13 13:35:41] Bacon futures trader : spot = XTB perpetual swap?
[2016-06-13 13:36:06] jesperf : no, market spot price
[2016-06-13 13:36:30] jesperf : around $700, a few dollars more or less is not important
[2016-06-13 13:37:59] rapidtrades : bullpark 700 amirite
[2016-06-13 13:39:04] BitMEX_Sam : Morning traders
[2016-06-13 13:39:39] BTCDJS : BitMEX_Sam: morning mate
[2016-06-13 13:39:51] BTCDJS : afternoon
[2016-06-13 13:40:30] BitMEX_Sam : Indeed
[2016-06-13 13:40:33] elmorte : BitMEX_Sam: Morning. You a Monday person?
[2016-06-13 13:40:40] BitMEX_Sam : Have to be :)
[2016-06-13 13:40:59] rapidtrades : stuck at the old J.O.B?
[2016-06-13 13:41:08] BTCDJS : we are definitely flogging a dead horse here
[2016-06-13 13:41:12] elmorte : Being adult sucks
[2016-06-13 13:41:14] BitMEX_Sam : Work's a grind, and then you die
[2016-06-13 13:41:22] elmorte : preach
[2016-06-13 13:41:41] BitMEX_Sam : Surprised to see yet another huge local high
[2016-06-13 13:41:51] BitMEX_Sam : China won't quit
[2016-06-13 13:41:59] jesperf : http://i.imgur.com/Z6RNdzd.jpg
[2016-06-13 13:42:05] rapidtrades : can't stop won't stop
[2016-06-13 13:42:09] rapidtrades : china
[2016-06-13 13:42:18] elmorte : jesperf: lol....brb vacuuming
[2016-06-13 13:42:29] rapidtrades : they will do to bitcoin what they do to their lungs
[2016-06-13 13:42:34] BitMEX_Sam : jesperf: Just got a new vacuum myself, I'm excited and not at all ashamed by that excitement
[2016-06-13 13:42:51] jesperf : middle bottom was me yesterday, watching my liquidation price
[2016-06-13 13:42:52] jesperf : :D
[2016-06-13 13:42:54] rapidtrades : BitMEX_Sam: u should be very ashamed by that
[2016-06-13 13:43:03] BitMEX_Sam : I refuse
[2016-06-13 13:43:27] Yumi : I wasnt watching, did the wall above liq got sold into?
[2016-06-13 13:43:35] rapidtrades : pulled
[2016-06-13 13:44:03] elmorte : My friend got a fancy dyson one....you could do pullups on the ceiling with that thing
[2016-06-13 13:44:49] jesperf : i want a diesel powered vacuum cleaner
[2016-06-13 13:44:51] BTCDJS : this think is going to move when i have to pick the kid up from school isn't it? By Gog I think it bloody will and all
[2016-06-13 13:45:00] BitMEX_Sam : Ah, my opinion is that those things are 90% fancy plastic, 10% worthwhile technology
[2016-06-13 13:45:01] messiaen8844 : ETH slowly pushing up
[2016-06-13 13:45:05] messiaen8844 : now if BTC retraces...
[2016-06-13 13:45:30] rapidtrades : messiaen8844: why would u mentioned that shitcoin
[2016-06-13 13:45:46] rapidtrades : i ALMOST forgot it existed
[2016-06-13 13:45:46] elmorte : BitMEX_Sam: it was also ~ US$450
[2016-06-13 13:45:59] BitMEX_Sam : elmorte: You could almost buy a bitcoin with that money.
[2016-06-13 13:46:08] BTCDJS : rapidtrades: because it moves inversely to BTC?
[2016-06-13 13:46:12] messiaen8844 : yep rapid, best buys happen when people 'forget it'
[2016-06-13 13:46:26] rapidtrades : messiaen8844: if u so say
[2016-06-13 13:46:38] messiaen8844 : remember when BTC was dead?
[2016-06-13 13:46:49] elmorte : messiaen8844: yeah, like it was yesterday
[2016-06-13 13:47:30] messiaen8844 : or when ETH was a shitcoin with a broken foundation with no money for devs ?
[2016-06-13 13:47:43] rapidtrades : still is
[2016-06-13 13:47:48] elmorte : Ok, that one was a while ago
[2016-06-13 13:48:23] messiaen8844 : could be rapid, but people are still putting USD into it
[2016-06-13 13:51:03] rapidtrades : the more we go up, the more i want it to continue to go up
[2016-06-13 13:52:38] elmorte : rapidtrades: that's how a bubble works no?
[2016-06-13 13:53:29] messiaen8844 : I took pretty much all my profits at 650-680, not interesting in joining this until pullback comes, at least not on leverage
[2016-06-13 13:53:46] messiaen8844 : it feels like a trap
[2016-06-13 13:53:58] rapidtrades : weak hand :)
[2016-06-13 13:54:18] rapidtrades : u just dropped ur moon ticket
[2016-06-13 13:54:43] rapidtrades : or sold, that would be more appropriate
[2016-06-13 13:54:53] messiaen8844 : no, my stash will appreciate, it's not in fiat
[2016-06-13 13:55:00] rapidtrades : ah cool
[2016-06-13 13:55:19] laisee : the moon's a balloon ...
[2016-06-13 13:55:36] BTCDJS : relentless
[2016-06-13 13:55:43] elmorte : laisee: obligatory daily line :)
[2016-06-13 13:56:01] BTCDJS : elmorte: Like the R in my name right?
[2016-06-13 13:56:09] rapidtrades : did that LIQ fill
[2016-06-13 13:56:14] elmorte : You bet.
[2016-06-13 13:56:26] laisee : elmorte: can only afford one per day
[2016-06-13 13:56:33] rapidtrades : now there's another one, 200k at 709
[2016-06-13 13:56:47] elmorte : Hehehe...economy ain't what it used to be @laisee
[2016-06-13 13:57:05] elmorte : I thought you get like a sign on bonus or something @laisee
[2016-06-13 13:57:28] laisee : 10 free posts when you get liquidated
[2016-06-13 13:57:35] elmorte : 712 also there rapid
[2016-06-13 13:58:07] rapidtrades : elmorte: nope not a liq
[2016-06-13 13:58:24] Bitcoingirl : swap will converge to spot
[2016-06-13 13:58:29] Bitcoingirl : easy short
[2016-06-13 13:58:39] Bacon futures trader : This either is absorption or someone is dumping hard
[2016-06-13 13:59:05] rapidtrades : china's sleeping
[2016-06-13 14:00:01] laisee : its only 10pm
[2016-06-13 14:00:56] kogroken : laisee: When you spike to it, it will pop?
[2016-06-13 14:01:30] laisee : it may get pricked and explode, yes
[2016-06-13 14:02:18] BTCDJS : Wasn't the chinese banks only opening tomorrow? tue rather than mon?
[2016-06-13 14:03:01] elmorte : They were working today
[2016-06-13 14:03:06] rapidtrades : i don't know
[2016-06-13 14:03:24] elmorte : Plus interbank deposits work even during public holidays...
[2016-06-13 14:03:45] elmorte : So if you have an account in the same bank as the exchange, you shouldn't have an issue
[2016-06-13 14:04:13] rapidtrades : dam that's some high level shit
[2016-06-13 14:04:34] BTCDJS : better than UK banks
[2016-06-13 14:04:51] rapidtrades : but bitfinex said their banks closed until monday
[2016-06-13 14:04:58] laisee : whose buying XBTJ24H @ 77k
[2016-06-13 14:05:00] rapidtrades : taiwan
[2016-06-13 14:05:27] sq : whagt u guys think of the pump
[2016-06-13 14:05:30] sq : over?
[2016-06-13 14:05:45] BTCDJS : thats one thing about bitcoin. No need to wait for banks
[2016-06-13 14:06:05] laisee : sq: Bitcoin is dead, again
[2016-06-13 14:06:28] BTCDJS : sq: pump hasn't even started. This was just foreplay
[2016-06-13 14:06:39] sq : haha cool
[2016-06-13 14:07:33] elmorte : Yeah, finex is in Taiwan :(
[2016-06-13 14:07:44] vbmithr : awesofe place, taiwan
[2016-06-13 14:07:56] vbmithr : I think they were in HK
[2016-06-13 14:08:06] elmorte : Yeah, they switched
[2016-06-13 14:08:11] elmorte : I wish they still were
[2016-06-13 14:08:23] stf28 : pumps can continue as long as new money comes, and it can for long as bitcoin is making new highs more often
[2016-06-13 14:08:32] laisee : operations in HK, banking in TW
[2016-06-13 14:09:05] elmorte : stf28: Bernie Madoff stuff
[2016-06-13 14:09:07] lockhedge : Finex is a registered British Virgin IslandsI company with its principal place of business in HK and a bank in Taiwan
[2016-06-13 14:09:37] elmorte : Just for the record...I was referring to their bank acc since we were talking about banks
[2016-06-13 14:09:52] vbmithr : .XBTUSDPI: premium over kaiko bitmex?
[2016-06-13 14:10:00] rapidtrades : lockhedge: lol
[2016-06-13 14:12:02] BTCDJS : the suspense man. gees just DO IT!
[2016-06-13 14:12:45] rapidtrades : BTCDJS: im starving
[2016-06-13 14:13:56] BTCDJS : rapidtrades: I've got to pick my kid up from school soon. Going to have a cup of tea and not look at the computer.
[2016-06-13 14:14:38] tscha : BitMEX_Sam: does mex have its bank account in HK or somewhere else? I heard its pretty hard for btc-companies to get bank accounts in HK
[2016-06-13 14:14:51] rapidtrades : BTCDJS: that's when they get u, when ur not looking
[2016-06-13 14:15:13] BTCDJS : rapidtrades: I know right? Always when Im busy
[2016-06-13 14:15:34] elmorte : tscha: I guess it depends on where they cash our the BTC
[2016-06-13 14:15:40] elmorte : out*....not our
[2016-06-13 14:16:32] lockhedge : tscha: does BitMEX need a bank account at all? @BitMEX_Sam
[2016-06-13 14:16:44] tscha : of course they do, they are a registered company
[2016-06-13 14:16:46] elmorte : They have to eat....
[2016-06-13 14:17:06] rapidtrades : maybe they eat bitcoins
[2016-06-13 14:17:18] lockhedge : tscha: you don't need a bank account to register a company
[2016-06-13 14:17:28] elmorte : I'm sure they can have one in Sey., and personal ones in the same bank with international-enabled ATM cards
[2016-06-13 14:17:33] tscha : you don't? I am pretty sure you do
[2016-06-13 14:17:46] elmorte : Standard expat procedure
[2016-06-13 14:18:30] elmorte : You need a company for a business account...but don't think it's also vice versa
[2016-06-13 14:18:51] elmorte : Strictly theoretically speaking
[2016-06-13 14:19:36] luckynuke : why is my realised pnl increasing ?
[2016-06-13 14:21:08] tscha : they are 100% not using their personal bank accounts for business purposes, that would be just plain stupid, thus they have a bank account
[2016-06-13 14:21:16] tscha : business*
[2016-06-13 14:22:07] elmorte : tscha: hehe, ok
[2016-06-13 14:22:25] elmorte : It should be offshore then
[2016-06-13 14:22:30] billz : shorters still getting rekted
[2016-06-13 14:22:33] lockhedge : tscha: i had a (dormant) UK Limited company without a bank account some years ago. it even was certified by the then FSA (now FCA) to operate as e-money issuer.
[2016-06-13 14:23:38] BTCDJS : tscha: yeah! thats how we roll here in the UK
[2016-06-13 14:24:00] tscha : lockhedge: yes, but you didn't collect hundreds of thousands of dollars from investors. good luck convincing them to send funding to your personal bank account :)
[2016-06-13 14:25:04] BTCDJS : The kingdom of the United where Scotland hates the english and want to be independent. And the Irish are mostly forgotten about at the top
[2016-06-13 14:25:58] kingscrown : https://twitter.com/kingscrownBTC/status/742362163474485248
[2016-06-13 14:27:28] rapidtrades : kingscrown: retard
[2016-06-13 14:29:06] lockhedge : tscha: they could use their company's bitcoin wallet to receive funds from investors and services like Bitwala to pay bills in fiat. i might be worth it to not have a bank account for reducing regulatory risk.
[2016-06-13 14:30:43] elmorte : The thing that happened to Sleger yesterday....it was coz the premium went to discount, right? So when the premium returned to $10+ earlier today, he would've been fine?
[2016-06-13 14:33:39] zanza : well
[2016-06-13 14:33:43] ayy_lmao : wasnt he angrier about the funding rate?
[2016-06-13 14:34:26] zanza : I think he was long, and the extra funding rate would cost him extra money
[2016-06-13 14:34:29] zanza : $10k he said
[2016-06-13 14:34:54] zanza : btw we broke 4 mil contracts
[2016-06-13 14:34:57] zanza : just now
[2016-06-13 14:35:08] zanza : `open interest`
[2016-06-13 14:35:57] stf28 : lol
[2016-06-13 14:35:58] tscha : wow
[2016-06-13 14:36:28] aethlios : σομεονε μαρκετ βοθγητ
[2016-06-13 14:36:37] chromaticcr1 : 749 lol
[2016-06-13 14:36:53] aethlios : someone market bought
[2016-06-13 14:37:32] lockhedge : interesting detail from CFTC's Bitfinex case: "In 2015, 88% of the dollars deposited to and withdrawn from Bitfinex were by corporate users." http://www.cftc.gov/idc/groups/public/@lrenforcementactions/documents/legalpleading/enfbfxnaorder060216.pdf
[2016-06-13 14:38:03] zanza : http://www.zerohedge.com/news/2016-06-13/bitcoin-soars-above-700-chinese-buying-shows-no-signs-slowing
[2016-06-13 14:38:47] REKT : Liquidated short on `XBTUSD`: Buy 2500 @ 713.96
[2016-06-13 14:38:47] REKT : Liquidated short on `XBTUSD`: Buy 3285 @ 714.01
[2016-06-13 14:39:02] Blargwaffle : Here comes DPE...
[2016-06-13 14:39:10] ayy_lmao : bitmex pls
[2016-06-13 14:39:51] ayy_lmao : must be a tiny liquidation
[2016-06-13 14:39:52] amahte : wtf is this shit?
[2016-06-13 14:41:14] Bacon futures trader : mao
[2016-06-13 14:41:23] billz : amahte: it is what it is
[2016-06-13 14:41:43] amahte : 749 ?
[2016-06-13 14:42:03] Bitcoingirl : my whole balance is dead
[2016-06-13 14:42:07] Blargwaffle : Pretty good pace.
[2016-06-13 14:42:23] tscha : Bitcoingirl: :(
[2016-06-13 14:42:28] aethlios : bitmex has the mark price so spot doesn't affect margin calls.
[2016-06-13 14:42:29] ayy_lmao : damn
[2016-06-13 14:43:17] aethlios : I trade btc 3 years and I feel the 2013-2014 excitement years are back!!
[2016-06-13 14:43:36] sizzurp : what does adding margin do
[2016-06-13 14:43:42] Bacon futures trader : Lmao, how did i not get liquidated
[2016-06-13 14:44:08] rapidtrades : liqs happen on mark price
[2016-06-13 14:44:24] BitMEX_Sam : sizzurp: If you're in a fixed leverage mode, a fraction of the position's value is assigned to the position and the position is liquidated when it loses value & reaches a threshold
[2016-06-13 14:44:26] aethlios : Bacon futures trader: to get liq. the mark price must reach your liq. price
[2016-06-13 14:44:30] BitMEX_Sam : To stave off liquidation you can add more margin from your overall pool
[2016-06-13 14:45:08] sizzurp : gotchu
[2016-06-13 14:45:09] sizzurp : thx
[2016-06-13 14:47:11] sizzurp : do you make that back when you sell
[2016-06-13 14:50:08] billz : if we break 800 today, i will name my first born after satoshi nakamoto
[2016-06-13 14:50:48] BTCDJS : rapidtrades: is it going to be 750? Don't say you don't know. I know you know. And you know I know you know.
[2016-06-13 14:50:50] Blargwaffle : 900-1000 by a week after halving is .8% to 1.2% a day... Seems doable.
[2016-06-13 14:50:51] ayy_lmao : man
[2016-06-13 14:50:53] ayy_lmao : MAN
[2016-06-13 14:50:53] sizzurp : look promiaing
[2016-06-13 14:51:00] sizzurp : promising
[2016-06-13 14:51:07] ayy_lmao : shit be tight yo
[2016-06-13 14:52:06] REKT : Liquidated short on `XBTM16`: Buy 27600 @ 735.23 **MEGA-REKT** :boom:
[2016-06-13 14:53:01] rentchev : hey guys
[2016-06-13 14:53:13] jleon : Btcusd swap, mark price or fair price for premium index is refer to kaiko index?
[2016-06-13 14:53:35] rentchev : not much spread between Chines exchanges and the rest
[2016-06-13 14:53:37] REKT : Liquidated short on `XBTUSD`: Buy 9498 @ 721.72
[2016-06-13 14:53:43] rentchev : what happened?
[2016-06-13 14:53:57] BitMEX_Sam : jleon: mark price is Kaiko, premium index is based on live trading of XBTUSD
[2016-06-13 14:54:08] aethlios : rentchev: west is buing i guess, maybe brexit fears
[2016-06-13 14:54:24] billz : rentchev: the west caught up while china was stalling
[2016-06-13 14:54:28] rentchev : that's what I was thinking as well
[2016-06-13 14:54:29] jleon : Thanks Sam
[2016-06-13 14:54:46] rentchev : Bitfinex volumes are record high
[2016-06-13 14:54:49] jleon : Before this, was using poloniex lending rate only right?
[2016-06-13 14:55:09] rapidtrades : BitMEX_Sam: 1 confirmation but deposit still not here?
[2016-06-13 14:55:19] BitMEX_Sam : jleon: Bitfinex
[2016-06-13 14:55:23] BitMEX_Sam : rapidtrades: Depends on the network propagation
[2016-06-13 14:55:36] rapidtrades : i see 1 confirmation in client?
[2016-06-13 14:55:49] jleon : Ok was wondering as polo does not has usd lending
[2016-06-13 14:55:57] rapidtrades : BitMEX_Sam: nvm i
[2016-06-13 14:56:12] sizzurp : BitMEX_Sam: if i buy more and have an open position will it add to that or make a whole new order
[2016-06-13 14:56:17] jleon : Thanks Sam
[2016-06-13 14:56:24] BitMEX_Sam : sizzurp: Positions are always singular
[2016-06-13 14:56:32] BitMEX_Sam : You can't have multiple positions in the same contract.
[2016-06-13 14:56:36] BitMEX_Sam : So yes, it will add to it.
[2016-06-13 14:58:32] rapidtrades : BitMEX_Sam: who market bought to 750 earlier
[2016-06-13 14:58:52] sizzurp : BitMEX_Sam: didnt tellme itd raise entry price ;p
[2016-06-13 14:58:52] BitMEX_Sam : Couldn't tell you even if I knew
[2016-06-13 14:59:01] rapidtrades : :)
[2016-06-13 14:59:11] BitMEX_Sam : sizzurp: Of course it does
[2016-06-13 14:59:39] sizzurp : well lets go to 800 then
[2016-06-13 14:59:56] jleon : From funding history, xbtusd long are paying 1.125% every 8 hrs, am i reading it correctly?
[2016-06-13 15:00:08] sizzurp : for satoshi JR
[2016-06-13 15:00:12] rapidtrades : no shorts @jleon
[2016-06-13 15:00:23] rapidtrades : wait no ur right
[2016-06-13 15:00:28] rapidtrades : longs pay
[2016-06-13 15:01:11] jleon : Interest so high, means i would rather margin long in polo or bfx, as interest is lower there?
[2016-06-13 15:01:36] Bitcoingirl : @jleon: do you get 50x leverage on bfx?
[2016-06-13 15:01:39] Bitcoingirl : no you dont
[2016-06-13 15:01:51] jleon : I dont need 50x
[2016-06-13 15:01:56] Bitcoingirl : then go somewhere else
[2016-06-13 15:02:07] Bitcoingirl : 78x leverage right now hahaha
[2016-06-13 15:02:11] luckynuke : i dont need 35x
[2016-06-13 15:02:28] BitMEX_Sam : Right now it's 0.7787%
[2016-06-13 15:02:30] BitMEX_Sam : Shorts earn, longs pay
[2016-06-13 15:02:33] rapidtrades : i don't need 20x
[2016-06-13 15:03:05] hanoosh : what does it mean : 0.7787% In 5 hours ?
[2016-06-13 15:03:16] jleon : Thats per 8 hrs data should 2.1% daily
[2016-06-13 15:03:27] rapidtrades : exactly
[2016-06-13 15:03:30] BitMEX_Sam : hanoosh: See https://www.bitmex.com/app/swapsGuide#daily-funding
[2016-06-13 15:03:44] jleon : Just realized how much interest im paying
[2016-06-13 15:03:57] jleon : damn :)
[2016-06-13 15:04:01] BitMEX_Sam : We don't show a daily rate because it's charged every 8hrs and changes every 8hrs, daily would be very misleading
[2016-06-13 15:04:09] rapidtrades : u JUST realized that huh @jleon
[2016-06-13 15:04:23] jleon : noob like me gonna be eaten alive
[2016-06-13 15:04:27] BitMEX_Sam : Yes be very aware of the funding rate, it is high right now partially because the premium is so high
[2016-06-13 15:04:35] jleon : :) luckily long make $
[2016-06-13 15:04:40] rapidtrades : :)
[2016-06-13 15:04:42] BitMEX_Sam : https://www.bitmex.com/app/index/.XBTUSDPI is the index that watches trading premium
[2016-06-13 15:05:00] Bitcoingirl : @BitMEX_Sam the premium is only high because you dont have good market makers
[2016-06-13 15:05:08] Bitcoingirl : get some market makers to converge the swap to spot
[2016-06-13 15:05:18] BitMEX_Sam : The premium is high because users are willing to buy at a higher price
[2016-06-13 15:05:25] aethlios : jleon: you don't pay if you close posiotion 1 minute before the time the charge is applied
[2016-06-13 15:05:26] BitMEX_Sam : Why would an MM crush the bid and give away money?
[2016-06-13 15:05:29] rapidtrades : no the premium is high because this is 50/1 leverage and doesn't expire
[2016-06-13 15:05:46] Bitcoingirl : @BitMEX_Sam because they can just leverage it on bfx lol
[2016-06-13 15:05:49] Bitcoingirl : and arbitrage it back here
[2016-06-13 15:06:09] BitMEX_Sam : And earn the funding - yes, we fully expect more users to do that once they realize what is happening
[2016-06-13 15:06:13] Blargwaffle : Ah, good M16 is doing the premium thing.
[2016-06-13 15:06:30] messiaen8844 : premium will collapse and turn negative once this begins to correct
[2016-06-13 15:06:50] rapidtrades : right, the q is when
[2016-06-13 15:06:59] tscha : BitMEX_Sam: in which country is mex bank account located? I heard its hard for bitcoin companies to open an account in HK
[2016-06-13 15:07:07] messiaen8844 : two weeks (TM) :D
[2016-06-13 15:07:12] BitMEX_Sam : tscha: I can't get into details on that
[2016-06-13 15:07:48] rapidtrades : BitMEX_Sam: how much are u getting paid?
[2016-06-13 15:08:00] BitMEX_Sam : rapidtrades: Eleventy billion
[2016-06-13 15:08:03] aethlios : BitMEX_Sam: Hi Sam, great solution with the premium rate, will make shorters more confident and boost volume.
[2016-06-13 15:08:30] BitMEX_Sam : Thanks aethlios. We hope that once users better understand what is happening, the premium will settle
[2016-06-13 15:08:54] rapidtrades : i wouldn't get my hopes up, the IQ here is pretty low
[2016-06-13 15:09:17] rentchev : rapidtrades: lol
[2016-06-13 15:09:27] rentchev : always the pessimist
[2016-06-13 15:10:03] REKT : Liquidated long on `XBJ24H`: Sell 10 @ 75289.00000
[2016-06-13 15:10:15] messiaen8844 : hey rapid, look at that ETH shitcoin
[2016-06-13 15:10:22] BitMEX_Sam : Hey, how about that.
[2016-06-13 15:10:32] BitMEX_Sam : By the way if you guys are itching to trade the old dailies we now have XBJ24H
[2016-06-13 15:10:41] elmorte : damn....$10 up n down just like that
[2016-06-13 15:10:44] messiaen8844 : Sam, why not 48H?
[2016-06-13 15:10:51] REKT : Liquidated short on `ETHXBT`: Buy 1397 @ 0.02452
[2016-06-13 15:10:55] BitMEX_Sam : 48H doesn't make sense without a 24H
[2016-06-13 15:11:21] BitMEX_Sam : XBJ is just starting so we don't believe it makes sense to split liquidity just yet.
[2016-06-13 15:11:39] Bitcoingirl : yen is scary
[2016-06-13 15:11:51] Bitcoingirl : usd > yen
[2016-06-13 15:12:12] messiaen8844 : I would rather have a 100x BTCUSD quanto..
[2016-06-13 15:12:33] rapidtrades : everyone would but its not happening
[2016-06-13 15:12:56] messiaen8844 : well, they're aiming for other markets
[2016-06-13 15:12:58] BitMEX_Sam : XBJ is it for now, it will soon see a large increase in liquidity in partnership with Quoine
[2016-06-13 15:13:20] messiaen8844 : which is a nice strategy to bridge the gap between west and east in bitcoin
[2016-06-13 15:14:04] Bitcoingirl : hmm i went all in shorting with 06.13 entry proce
[2016-06-13 15:14:06] Bitcoingirl : 706.13
[2016-06-13 15:14:30] Bitcoingirl : i wouldn't have much of a loss of the premium settles
[2016-06-13 15:14:31] rapidtrades : didn't u get rekted earlier
[2016-06-13 15:14:35] elmorte : BitMEX_Sam: I thought Quione was a joke when it came to volume...
[2016-06-13 15:14:42] Bitcoingirl : rapidtrades: nah i didnt take loss :D
[2016-06-13 15:14:53] rapidtrades : my account is dead
[2016-06-13 15:14:59] BitMEX_Sam : elmorte: Nope, they've done nearly 55k Bitcoin in the last 24h
[2016-06-13 15:15:21] elmorte : I realize that now...can't remeber when this was....
[2016-06-13 15:15:38] luckynuke : short :)
[2016-06-13 15:16:25] rapidtrades : only 5 hrs till another payday
[2016-06-13 15:16:46] Bitcoingirl : yes so my liqd price is 723.62
[2016-06-13 15:16:54] Bitcoingirl : as long as the mark price doesnt hit that befoer 5 hrs, im fine
[2016-06-13 15:17:03] Bitcoingirl : im gonna close after 5 hours, taking the sweet 0.7787% interest
[2016-06-13 15:17:06] REKT : Liquidated long on `LTCXBT`: Sell 3771 @ 0.00761
[2016-06-13 15:17:13] aethlios : brexit then grexit then italyexit, we have a lot to see.
[2016-06-13 15:18:01] Bitcoingirl : crash crash crash
[2016-06-13 15:18:15] Bitcoingirl : bfx just dropped below 700, will it hold?
[2016-06-13 15:18:19] rapidtrades : we don't want it to crash
[2016-06-13 15:18:19] elmorte : Bitcoingirl: that's living on the edge...
[2016-06-13 15:18:30] rapidtrades : could get DPE
[2016-06-13 15:18:45] messiaen8844 : fly eth fly
[2016-06-13 15:18:49] Bitcoingirl : elmorte: its my play money anyway, i deposited 0.25 btc to bitmex. i have 7 bitcoins in total
[2016-06-13 15:18:57] Bitcoingirl : 691
[2016-06-13 15:18:59] Bitcoingirl : wow
[2016-06-13 15:19:06] elmorte : No worries then
[2016-06-13 15:19:20] ayy_lmao : REKT
[2016-06-13 15:19:35] ayy_lmao : dump it fgts
[2016-06-13 15:19:45] rapidtrades : 683
[2016-06-13 15:19:47] luckynuke : get doun
[2016-06-13 15:19:49] rapidtrades : yikes
[2016-06-13 15:19:55] ayy_lmao : get fucked
[2016-06-13 15:19:58] arbitrage001 : pretty brutal dump
[2016-06-13 15:20:01] billz : wtf dang
[2016-06-13 15:20:14] elmorte : Damn....*sigh*
[2016-06-13 15:20:20] arbitrage001 : again because of china
[2016-06-13 15:20:23] luckynuke : damn daniel
[2016-06-13 15:20:24] Bitcoingirl : strong bid walls
[2016-06-13 15:20:35] ayy_lmao : some dude got filled for like 1k btc
[2016-06-13 15:20:42] Bitcoingirl : staying firm around 685
[2016-06-13 15:20:43] ayy_lmao : above 700
[2016-06-13 15:20:46] Bitcoingirl : i expect the $15 premium to evaporate soon
[2016-06-13 15:21:13] Patryn : QQ
[2016-06-13 15:21:24] Patryn : Got liquidated near the top, rode that bitch for nearly $200.
[2016-06-13 15:21:26] luckynuke : down to 550 pls
[2016-06-13 15:21:32] jesperf : holy pancakes batman
[2016-06-13 15:21:33] elmorte : I should write a guide how not to trade....
[2016-06-13 15:22:11] rapidtrades : this is crazy
[2016-06-13 15:22:51] Bitcoingirl : elmorte: 150% ROE
[2016-06-13 15:22:54] Bitcoingirl : elmorte: how's that for "living on the edge"?
[2016-06-13 15:23:11] elmorte : -158.05% ROE
[2016-06-13 15:23:15] elmorte : Absolute winner!
[2016-06-13 15:23:19] Bitcoingirl : ouch
[2016-06-13 15:23:50] ayy_lmao : rip dude tying to hold it up