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 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
[2016-06-13 15:24:06] aethlios : like a nice rain, to clear things
[2016-06-13 15:24:18] zanza : $40 drop
[2016-06-13 15:24:42] Bitcoingirl : i'm calling it
[2016-06-13 15:24:48] luckynuke : china gets raped
[2016-06-13 15:24:49] rapidtrades : longs really need to throw in the towel here
[2016-06-13 15:24:52] Bitcoingirl : this is the beginning of the pop
[2016-06-13 15:24:56] Bitcoingirl : we're gonna see 500
[2016-06-13 15:24:57] rapidtrades : its getting silly
[2016-06-13 15:25:09] ayy_lmao : need him to get liquidated so i can close into lol
[2016-06-13 15:25:28] mrp1nk : snort moar
[2016-06-13 15:29:19] billz : looks like 680 was support but obviously shakey
[2016-06-13 15:29:32] luckynuke : china is fighting bulls vs bears
[2016-06-13 15:31:06] rapidtrades : long pl0x, give it up
[2016-06-13 15:32:14] ayy_lmao : finex in denial
[2016-06-13 15:32:55] billz : is rekt bot out of commission? someone had to be liquidated in drop just now lol
[2016-06-13 15:33:33] ayy_lmao : happened so fast mark price might have never updated
[2016-06-13 15:33:46] rapidtrades : bot's dead afaik
[2016-06-13 15:34:49] mrp1nk : up is up
[2016-06-13 15:35:14] rapidtrades : up should be over until china wakes up
[2016-06-13 15:35:24] rapidtrades : key word should :)
[2016-06-13 15:35:39] mrp1nk : you bearish rapid?
[2016-06-13 15:35:51] rapidtrades : only here
[2016-06-13 15:36:27] mrp1nk : here at bitmex or in this range?
[2016-06-13 15:37:00] Bitcoingirl : bubble has not ran out of steam yet
[2016-06-13 15:37:02] Bitcoingirl : TO THE MOON
[2016-06-13 15:37:22] rapidtrades : mrp1nk: short swap
[2016-06-13 15:37:28] luckynuke : get doun
[2016-06-13 15:37:32] ayy_lmao : after retrace yes
[2016-06-13 15:37:44] luckynuke : china below 700
[2016-06-13 15:38:01] luckynuke : bears won the battle
[2016-06-13 15:38:34] Bitcoingirl : wtf instant liquidiated?
[2016-06-13 15:38:35] Bitcoingirl : Your long position in the contract XBTUSD has reached its liquidation price of ≤ 691.1 and has been taken over by the trading engine.
[2016-06-13 15:38:44] Bitcoingirl : ffs
[2016-06-13 15:38:53] ayy_lmao : lol
[2016-06-13 15:38:56] ayy_lmao : 'fair price'
[2016-06-13 15:38:57] mrp1nk : Bitcoingirl: mexed
[2016-06-13 15:39:04] ayy_lmao : i told u guys this shit be rigged yo
[2016-06-13 15:39:14] Bitcoingirl : ughhh i should have used cross
[2016-06-13 15:39:17] Bitcoingirl : instead of 35x leverage lol
[2016-06-13 15:39:29] luckynuke : Bulls R.I.P. in pieces
[2016-06-13 15:39:33] ayy_lmao : going long puts you at an immediate 12 dollar loss
[2016-06-13 15:39:33] Bitcoingirl : bitmex is hard to trade with $13 premium
[2016-06-13 15:39:39] arbitrage001 : Bitcoingirl: you might lose more btc then
[2016-06-13 15:39:41] ayy_lmao : which is used for liq
[2016-06-13 15:40:16] mrp1nk : ayy_lmao: product is fine they said
[2016-06-13 15:40:31] elmorte : Oh shit...that feeling when you forget you left an open order and hear that "filled" sound....
[2016-06-13 15:40:39] Bitcoingirl : going all in, short
[2016-06-13 15:41:26] luckynuke : never go all in
[2016-06-13 15:41:52] REKT : Liquidated long on `XBTUSD`: Sell 2000 @ 689.19
[2016-06-13 15:41:56] arbitrage001 : looks like short going to get dpe this time
[2016-06-13 15:41:57] BTCDJS : Bitcoingirl: dont
[2016-06-13 15:41:57] ayy_lmao : bulls : https://www.youtube.com/watch?v=ZdBono3HqOE
[2016-06-13 15:42:02] REKT : Liquidated long on `XBTUSD`: Sell 5848 @ 685.73
[2016-06-13 15:42:02] REKT : Have a bowl of chop-chop suey!
[2016-06-13 15:42:02] REKT : Liquidated long on `XBTUSD`: Sell 90 @ 686.33
[2016-06-13 15:42:02] REKT : Liquidated long on `XBTUSD`: Sell 1583 @ 686.39
[2016-06-13 15:42:02] REKT : Liquidated long on `XBTUSD`: Sell 300 @ 686.17
[2016-06-13 15:42:02] REKT : Liquidated long on `XBTUSD`: Sell 95 @ 687.29
[2016-06-13 15:42:06] Bitcoingirl : BTCDJS: entry price 700, spot 685
[2016-06-13 15:42:11] ayy_lmao : there we go
[2016-06-13 15:42:11] elmorte : oh shit, twice!
[2016-06-13 15:42:14] elmorte : lol
[2016-06-13 15:42:25] luckynuke : wooot wooot
[2016-06-13 15:42:26] BTCDJS : Bitcoingirl: pumps not over
[2016-06-13 15:42:34] Bitcoingirl : pump is over
[2016-06-13 15:42:38] arbitrage001 : BTCDJS: you mean dump not over?
[2016-06-13 15:42:40] Bitcoingirl : we're hitting 500
[2016-06-13 15:42:48] arbitrage001 : less than 690 usd in china
[2016-06-13 15:42:51] ayy_lmao : idk that seems kinda low
[2016-06-13 15:43:21] Bitcoingirl : we can't hold 690 680
[2016-06-13 15:43:40] ayy_lmao : fucking premium man
[2016-06-13 15:43:48] arbitrage001 : our chinese overlords are trying to kill traders, both long and short
[2016-06-13 15:44:04] BTCDJS : arbitrage001: if it breaks 670 then 653 is next support.
[2016-06-13 15:44:21] luckynuke : chinese want to conquer the earth guys
[2016-06-13 15:44:23] ayy_lmao : bitmex has barely done anything on this dump
[2016-06-13 15:44:23] arbitrage001 : BTCDJS: i dont believe in technical analysis
[2016-06-13 15:44:30] aethlios : west is strong
[2016-06-13 15:44:41] ayy_lmao : 2 stronk 4 me
[2016-06-13 15:45:38] Yumi : well, at least the premium is fixed, right
[2016-06-13 15:45:55] sam : thank god i was watching huobi
[2016-06-13 15:45:56] arbitrage001 : Yumi: no
[2016-06-13 15:46:01] luckynuke : bitmex is staying bullish wow
[2016-06-13 15:46:02] sam : huobi
[2016-06-13 15:46:10] ayy_lmao : i no rite
[2016-06-13 15:46:14] ayy_lmao : bitmex and its damn bullish bias
[2016-06-13 15:46:41] sam : up again in 10days brexit
[2016-06-13 15:46:45] BTCDJS : arbitrage001: anyway All in anytime is not a good idea unless she's joking
[2016-06-13 15:46:51] messiaen8844 : why complain? if you are bearish you have a premium to short
[2016-06-13 15:46:56] Bitcoingirl : BTCDJS: this is my play money fnud
[2016-06-13 15:47:01] Bitcoingirl : i'm trading for fun, not profit
[2016-06-13 15:47:06] Bitcoingirl : so im going all in
[2016-06-13 15:47:07] ayy_lmao : impying premium goes back to normal
[2016-06-13 15:47:12] BitMEX_Sam : 2% premium & 0.7787% funding is a very good short
[2016-06-13 15:47:48] messiaen8844 : huge 4h volume
[2016-06-13 15:47:50] arbitrage001 : BitMEX_Sam: next funding will be 1.125%?
[2016-06-13 15:48:00] BitMEX_Sam : Likely arbitrage001
[2016-06-13 15:48:05] Yumi : BitMEX_Sam: but "buy the dip"
[2016-06-13 15:48:06] arbitrage001 : BitMEX_Sam: wee
[2016-06-13 15:48:31] messiaen8844 : Yumi: when there's enough people buying the dip large positions can calmly exit
[2016-06-13 15:48:53] elmorte : *phew* closed 20k contracts....damn what a ride
[2016-06-13 15:49:25] BTCDJS : Bitcoingirl: fair enough. Have fun ?
[2016-06-13 15:50:16] Bitcoingirl : haha thanks
[2016-06-13 15:50:26] sam : bear trap?
[2016-06-13 15:50:30] Bitcoingirl : im going to bed.. set a take profit order
[2016-06-13 15:50:35] Bitcoingirl : not gonna set a stop loss, im all in baby
[2016-06-13 15:51:05] arbitrage001 : some whale just sold market order?
[2016-06-13 15:51:35] ayy_lmao : lol
[2016-06-13 15:52:01] billz : okcoin didn't move
[2016-06-13 15:52:16] rentchev : BitMEX_Sam: love the Close on Trigger option
[2016-06-13 15:53:02] rentchev : what price is it at billz?
[2016-06-13 15:53:05] BTCDJS : going long
[2016-06-13 15:53:12] BitMEX_Sam : rentchev: Thanks - purpose of that order is to ensure other orders can't take the margin that your stop requires to activate
[2016-06-13 15:54:30] billz : rentchev: still at 4764
[2016-06-13 15:54:41] rentchev : thanks
[2016-06-13 15:54:55] luckynuke : chinese boyz above 700
[2016-06-13 15:55:13] Bitcoingirl : BitMEX_Sam: You know what would be cool? A warning if an order will be immediately liquidated
[2016-06-13 15:55:25] BitMEX_Sam : Bitcoingirl: There is one
[2016-06-13 15:55:44] Bitcoingirl : I didn't hit it when I longed at 35x and got an immediate liquidation within two seconds
[2016-06-13 15:57:43] BTCDJS : Bitcoingirl: damn. All in too? Thats rough.
[2016-06-13 16:01:26] luckynuke : Bitcoingirl: take a pause
[2016-06-13 16:01:30] mrp1nk : Bitcoingirl: https://twitter.com/BTCVIX/status/742386043622555648
[2016-06-13 16:01:48] mrp1nk : you're famous now
[2016-06-13 16:02:13] Bitcoingirl : lol thanks. yeah ima get some sleep
[2016-06-13 16:02:16] BitMEX_Sam : You were liquidated nearly a full minute after placing that order and some of it appears to have canceled
[2016-06-13 16:02:39] Bitcoingirl : BitMEX_Sam: which order are you referring to? the 2500 qty one?
[2016-06-13 16:02:46] Tetsuo : Bitcoingirl: Go all in long again to make it back!
[2016-06-13 16:03:00] luckynuke : lol
[2016-06-13 16:03:10] BTCDJS : Tetsuo: yes thats a good idea. we are going up now
[2016-06-13 16:03:34] messiaen8844 : https://www.reddit.com/r/BitcoinMarkets/comments/4nrpof/bitmexs_perpetual_xbt_swap_product_struggles/
[2016-06-13 16:03:37] Tetsuo : BitMEX_Sam: Could you please work on your instarekt function! 1 minute seems pretty long to me
[2016-06-13 16:03:45] messiaen8844 : too bad they didn't got bitmex_wally comment about rapidtrades mom
[2016-06-13 16:04:08] mrp1nk : Tetsuo: is suggest "instamexed"
[2016-06-13 16:04:20] mrp1nk : i
[2016-06-13 16:04:22] elmorte : Everything's already been said about rapid's mom :|
[2016-06-13 16:04:30] Tetsuo : lol
[2016-06-13 16:04:31] laisee : mexed out ...
[2016-06-13 16:04:35] messiaen8844 : https://www.reddit.com/r/BitcoinMarkets/comments/4nv2cd/bitmexs_response_to_xbtusd_swap_concerns/
[2016-06-13 16:04:41] Tetsuo : mexed up situation all over again
[2016-06-13 16:04:47] tscha : BTCVIX has invested in a direct competitor of Bitmex IIRC?
[2016-06-13 16:04:57] messiaen8844 : he was affiliate here or something like that
[2016-06-13 16:05:30] tscha : he also invested in another bitcoin trading platform
[2016-06-13 16:05:53] zanza : waleclub?
[2016-06-13 16:05:53] messiaen8844 : I didn't like those sudden bitmex changes, but it's still one of the best services offered in BTC wild-west, so...
[2016-06-13 16:06:08] tscha : zanza: waleclub is a trading platform?
[2016-06-13 16:06:11] mrp1nk : tscha: nothing to do with vix. imo the product IS the problem
[2016-06-13 16:06:26] mrp1nk : still bitmex is in full denial
[2016-06-13 16:06:51] billz : because we aren't crashing yet
[2016-06-13 16:06:52] Bitcoingirl : BitMEX_Sam: (1) none of it was cancelled: " At the time of liquidation, the contract was marked at 690.3 and you were long 2500 contracts."
[2016-06-13 16:07:16] messiaen8844 : I did a lot of trades on those premiums
[2016-06-13 16:07:25] Bitcoingirl : BitMEX_Sam: (2) time from filled to liqudation was seconds, not a full minute. Does the "Time" in order history indicate when it was filled?
[2016-06-13 16:07:25] messiaen8844 : contract and expansion of premiums, good forecasts of price
[2016-06-13 16:07:31] Bitcoingirl : when it was submitted*
[2016-06-13 16:07:55] Bitcoingirl : because the fill -> liquidation time was a few seconds, submit to orderbook -> liqudation was ~50 seconds as you said
[2016-06-13 16:08:11] Tetsuo : still 35m longs on Finex and almost no shorts, next 2 weeks are gonna be funfunfun
[2016-06-13 16:08:20] elmorte : My best trade today was made by mistake
[2016-06-13 16:08:33] Tetsuo : elmorte: those are the best ones!!!
[2016-06-13 16:08:40] Bitcoingirl : BitMEX_Sam: (3) it's totally my fault, i'm playing with fire anyway :)
[2016-06-13 16:08:57] mrp1nk : tscha: tldr don't blame the messenger
[2016-06-13 16:09:22] mrp1nk : sleger gone too
[2016-06-13 16:09:22] tscha : mrp1nk: just saying, because it's a relevant information
[2016-06-13 16:09:31] zanza : interesting comment in that thread, what if Bitmex just fixed the price to a set amount, and adjust the interest
[2016-06-13 16:09:50] mrp1nk : no it's irrelevant. i fully agree with him and i have no affilations with another exchange
[2016-06-13 16:10:26] messiaen8844 : sledger was market making here, no?
[2016-06-13 16:10:52] mrp1nk : there exist historical tensions between vix and bitmex, ok, but still the new product is the problem
[2016-06-13 16:11:30] tscha : I am not commenting on the content of his message. Everybody can make up his/her own mind about it. Providing information who he is and how he is related to Bitmex is obviously relevant when he comments on them.
[2016-06-13 16:11:43] Bitcoingirl : I don't think the new product is as problematic as people makes it seem
[2016-06-13 16:11:52] zanza : tscha: i think so, but i never really looked into it. It used to be a teamspeak club, then they changed it to trading platform I think
[2016-06-13 16:12:17] REKT : Liquidated short on `XBTUSD`: Buy 1500 @ 696.40
[2016-06-13 16:12:20] Bitcoingirl : bitcoin's lending markets are obviously immature
[2016-06-13 16:12:38] messiaen8844 : isn't lack of liquidity the real underlying problem here?
[2016-06-13 16:13:25] messiaen8844 : like in most btc exchanges
[2016-06-13 16:13:29] elmorte : on XBTUSD/
[2016-06-13 16:13:31] elmorte : ?
[2016-06-13 16:13:41] messiaen8844 : yes, and also everywhere
[2016-06-13 16:14:13] elmorte : 11m contracts looks pretty good on paper...
[2016-06-13 16:14:41] rapidtrades : Bitcoingirl: there is no lending market here and that's part of the problem
[2016-06-13 16:14:43] BTCDJS : WTF? I just opened a position and got liquidated straight away
[2016-06-13 16:14:59] ayy_lmao : another one
[2016-06-13 16:15:01] Bitcoingirl : BTCDJS: you're not the only one lol, was it a long?
[2016-06-13 16:15:04] zanza : isolated?
[2016-06-13 16:15:06] Bitcoingirl : what leverage?
[2016-06-13 16:15:18] BTCDJS : 35x long 706
[2016-06-13 16:15:30] Bitcoingirl : BTCDJS: yeah i got insta-liquidated at 35x too
[2016-06-13 16:15:31] rapidtrades : the rates u see are taken from bitfinex...so there is no direct link between ppl fomoing here and interest rates
[2016-06-13 16:15:40] kogroken : With some $7 premium over mark, it's risky to open high leveraged longs.
[2016-06-13 16:15:51] Bitcoingirl : don't long at 35x, when there is a 1.9% premium
[2016-06-13 16:16:07] elmorte : BTCDJS: you serious or what?
[2016-06-13 16:16:10] BTCDJS : not only that the order cost 0.12btc but my main margin only showed 0.05 in it
[2016-06-13 16:16:18] rapidtrades : no doubt there's some correlation but the lack of direct link likely adds to the divergence from spot
[2016-06-13 16:16:27] Bitcoingirl : elmorte: idk if he's serious, but it did happen to me a fe wminutes ago
[2016-06-13 16:16:49] BTCDJS : BitMEX_Sam: whats that about mate?
[2016-06-13 16:16:55] kogroken : The only possible move is to short -_-
[2016-06-13 16:16:57] elmorte : Bitcoingirl: I know :(
[2016-06-13 16:17:06] rapidtrades : maybe there's a bug with 35x?
[2016-06-13 16:17:08] aethlios : rapidtrades: much of lending offers in bitfinex is placed from bitfinex it self. the company earns interest daily from that.
[2016-06-13 16:17:19] rapidtrades : aethlios: don't lie
[2016-06-13 16:17:23] rapidtrades : feg
[2016-06-13 16:17:40] elmorte : rapidtrades: actually, that would make a lot of sense...like how a bank creates money
[2016-06-13 16:17:46] Bitcoingirl : So here's a question, since liquidation is based off market price
[2016-06-13 16:17:54] BitMEX_Sam : There is not a bug, when you open a long with premium, since positions are marked to mark price, you open with a loss
[2016-06-13 16:17:59] billz : now i know to never use 35x leverage lol
[2016-06-13 16:18:07] rapidtrades : its irrelevant to what i said anyway @elmorte
[2016-06-13 16:18:08] BitMEX_Sam : Much like how you open with profit when shorting premium
[2016-06-13 16:18:23] elmorte : rapidtrades: I don't know his sexual orientation :(
[2016-06-13 16:18:24] aethlios : rapidtrades: what i mean is bitfinex rates are not an adequate proxy for bitmex.
[2016-06-13 16:18:25] Bitcoingirl : Maintenance is at 200x, aka you will be liquidated with 0.5% price movement
[2016-06-13 16:18:29] Bitcoingirl : is that right?
[2016-06-13 16:18:33] rapidtrades : why don't they get the insta liquidated window? @BitMEX_Sam
[2016-06-13 16:18:48] BitMEX_Sam : They do, the position is solvent when opening but then the mark turned against them
[2016-06-13 16:19:01] BTCDJS : tried to open a poisition Long 50x 706. It said try different leverage. At 50x the cost was 0.09. so I set at 35x cost was 0.12 but when my order got filled my margin only had 0.05 in it?
[2016-06-13 16:19:19] elmorte : BTCDJS: Did it say what the liqn price was?
[2016-06-13 16:19:22] Bitcoingirl : BTCDJS: that's isolated margin
[2016-06-13 16:19:56] BTCDJS : Nah something fishy going on here
[2016-06-13 16:19:56] ayy_lmao : why not just prevent longs from opening if in the case where mark would liq u
[2016-06-13 16:20:02] mrp1nk : tldr; everything is fine, product is great -> use another exchange to go long
[2016-06-13 16:20:12] rapidtrades : sam says there is a failsafe @ayy_lmao
[2016-06-13 16:20:17] BitMEX_Sam : BTCDJS: I assure you there is not, it is simply math
[2016-06-13 16:20:29] BTCVIX : mrp1nk: bitmex is the short only exchange
[2016-06-13 16:20:44] BTCDJS : BitMEX_Sam: how come I pay 0.12 but only get 0.05 margin?
[2016-06-13 16:20:44] BitMEX_Sam : Premium can be unintuitive because the last price !== mark, so you must be aware of that, but the system is not making mistakes on liquidations
[2016-06-13 16:21:07] rapidtrades : BitMEX_Sam: did u check their 2 liqs?
[2016-06-13 16:21:13] BitMEX_Sam : BTCDJS: Because due to the premium you had 0.07 unrealised loss on opening
[2016-06-13 16:21:22] mrp1nk : yeah, great idea during a major bull run /s @BTCVIX
[2016-06-13 16:21:23] BitMEX_Sam : Yes, rapidtrades, there is no error
[2016-06-13 16:22:43] kogroken : The bull run is part of the reason why there is a premium
[2016-06-13 16:22:52] rapidtrades : $10 premium is 1.4%...if they're using 35/1 they should be able to withstand more then that
[2016-06-13 16:23:07] rapidtrades : around $20 no?
[2016-06-13 16:23:17] BitMEX_Sam : rapidtrades: Don't forget the 0.5% maintenance margin requirement
[2016-06-13 16:23:26] kogroken : I guess best entry times would be close to rebalances, when the premium is more likely removed
[2016-06-13 16:23:27] rapidtrades : ok so 0.9%
[2016-06-13 16:23:42] Yumi : high funding rate = high maintenance margin = low "margin of error" + 2% premium = insta rekt on long
[2016-06-13 16:23:54] lockhedge : BitMEX_Sam: would be great if you could consider a leverage cap instead of an interest cap, you could still use the same formula `max funding rate = (IM-MM)*0.75` becomes `max IM = funding rate/0.75 + MM`
[2016-06-13 16:23:56] rapidtrades : sry 1.9%
[2016-06-13 16:24:11] mrp1nk : kogroken: no, premium stays
[2016-06-13 16:24:35] rapidtrades : im getting $15 for rektage at 35/1...correct? @BitMEX_Sam
[2016-06-13 16:24:44] rapidtrades : ath current prices
[2016-06-13 16:24:50] kogroken : mrp1nk: Hmm, shouldn't it be pretty risk free to short a premium close to rebalances and gain the difference?
[2016-06-13 16:25:08] Bitcoingirl : rapidtrades: don't forget fees
[2016-06-13 16:25:12] rapidtrades : kogroken: i said that 3 days ago
[2016-06-13 16:25:14] Bitcoingirl : if both taker that's 0.15% ?
[2016-06-13 16:25:20] rapidtrades : ah fees too
[2016-06-13 16:25:38] rapidtrades : nah its cool fees are small...maybe $14
[2016-06-13 16:26:07] elmorte : kogroken: it would roll over
[2016-06-13 16:26:14] Bitcoingirl : yeah so it's about $15 rapidtrades
[2016-06-13 16:26:26] Bitcoingirl : premium exceeded $15 at times,
[2016-06-13 16:26:28] rapidtrades : should be yeah $14-15
[2016-06-13 16:27:17] rapidtrades : if premium exceeded mark not spot by $15 then it was a fair liq
[2016-06-13 16:27:26] BTCVIX : I think is a case where mark pricing to the index for liquidations is actually what is causing the problem
[2016-06-13 16:27:27] Bitcoingirl : BitMEX_Sam: to confirm, the "anti instant liquidation" system is actually looking at mark price right? it's not looking at swap price?
[2016-06-13 16:27:34] mrp1nk : kogroken: seems so, but i don't short a major bitcon rally
[2016-06-13 16:27:43] BitMEX_Sam : Yes, it is looking at mark price because mark price is used for liquidations
[2016-06-13 16:28:02] BTCVIX : but mark price is on the index which isn't inline with the product currently
[2016-06-13 16:28:15] Bitcoingirl : OK so when I got liquidated, swap was at 700.20
[2016-06-13 16:28:15] rapidtrades : right
[2016-06-13 16:28:19] mrp1nk : ^ this
[2016-06-13 16:28:22] Bitcoingirl : " Your long position in the contract XBTUSD has reached its liquidation price of ≤ 691.1 and has been taken over by the trading engine. "
[2016-06-13 16:28:28] Bitcoingirl : that's $9
[2016-06-13 16:28:30] Bitcoingirl : i was on 35x
[2016-06-13 16:28:38] kogroken : mrp1nk: Yeah, me neither. Not trying to scalp the movements either with the current XBTUSD problems.
[2016-06-13 16:28:51] tscha : mrp1nk: just long spot and short premium, free ~1% every 4 hours
[2016-06-13 16:28:57] tscha : 8*
[2016-06-13 16:28:58] Bitcoingirl : looking at my order history, premium was $11
[2016-06-13 16:29:00] rapidtrades : its not free ppl
[2016-06-13 16:29:06] kogroken : Love the jun and sep contracts thou.
[2016-06-13 16:29:14] rapidtrades : we just had two back to back DPEs
[2016-06-13 16:29:17] Bitcoingirl : but liquidation threshold should've been at $15?
[2016-06-13 16:29:18] rapidtrades : ffs...
[2016-06-13 16:29:20] Yumi : Okay so they said high funding = no premium but now there is both high funding and a premium
[2016-06-13 16:29:40] elmorte : Yumi: We must go higher
[2016-06-13 16:29:49] mrp1nk : Yumi: you highlighted the logical flaw in the argumentation
[2016-06-13 16:29:50] rapidtrades : jack rates up to 2%
[2016-06-13 16:30:06] Bitcoingirl : rapidtrades: premium was lower when rates were like 1.25%
[2016-06-13 16:30:07] BTCVIX : Bitcoingirl: basically you opened a position right next to liquidation -- taking a long is almost impossible on bitmex at the moment
[2016-06-13 16:30:22] rapidtrades : BTCVIX: math doesn't add up tho
[2016-06-13 16:30:22] mrp1nk : tscha: to lazy for that. why do i need to trade on two exchanges when i want just go long here
[2016-06-13 16:30:29] elmorte : Impossible at high leverage
[2016-06-13 16:30:37] elmorte : But put in a coin or two