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 22:15:25] podizzle3k : ted i guess as long as price doesnt slip too much theres not much risk
[2016-06-13 22:16:01] justinlooking : maybe he is happy to pay above market to free up margin for other pos
[2016-06-13 22:16:04] rapidtrades : half the time i have no clue what this chat is talking about
[2016-06-13 22:17:04] BTCDJS : lockhedge: on Bitcoin it is. Just about every leg up was support and resistance of the past. I couldn't believe how easy it was to predict it. It definitely guided me all the way up to here.
[2016-06-13 22:18:01] BTCDJS : TA works on Bitcoin. But obviously shouldn't be the only thing to rely on
[2016-06-13 22:22:02] rapidtrades : are u scared fellas?
[2016-06-13 22:22:11] justinlooking : i think m16 is
[2016-06-13 22:22:45] lockhedge : BTCDJS: most important thing if you are planning to trade frequently: avoid transaction costs (fees + spread + volatility*latency) . if you trade 1000 times in one year and pay 0.1% per trade, you have to make 100% return to just earn your costs back.
[2016-06-13 22:23:20] gustavo7 : up we go
[2016-06-13 22:24:06] yerb : funding rate again over 1%
[2016-06-13 22:24:33] rapidtrades : ^^^ diligent market observer right HERE
[2016-06-13 22:26:15] rapidtrades : dam sleger really is gone
[2016-06-13 22:27:31] BTCDJS : lockhedge: ok thanks. I've been noticing the chats in here about fees and have realised it's an important part of trading. I'm still learning but it's definitely in my awareness to take seriously. Don't understand it all properly yet but I'm getting there as I pay more attention to it. Though I'm still a part time trader. got a job and all that. But if I can get really good at this I might quit one day.
[2016-06-13 22:27:55] podizzle3k : people spending too much time analyzing fees and rates imo
[2016-06-13 22:28:13] podizzle3k : should be concentrating on making good trades instead
[2016-06-13 22:28:21] rapidtrades : nope, fees are crucial
[2016-06-13 22:28:29] podizzle3k : but im glad you guys are here to keep bitmex honest
[2016-06-13 22:28:32] aethlios : rapidtrades: sleger needs to come back, a lot of premium now, will recover loss in a week.
[2016-06-13 22:28:35] rapidtrades : most ppl, including me are very poor traders
[2016-06-13 22:28:45] wurstgelee : podizzle3k: +1
[2016-06-13 22:28:48] wurstgelee : =)
[2016-06-13 22:31:24] ted : you seem to be running the show rapidtrades ;)
[2016-06-13 22:32:00] rapidtrades : yeah some ppl call me the leader here
[2016-06-13 22:32:26] rapidtrades : not sure that's a good thing cos most ppl here are idiots
[2016-06-13 22:33:05] BTCDJS : ?
[2016-06-13 22:34:18] BTCDJS : rapidtrades: you've got be he from the NE of England. Your humour is the same.
[2016-06-13 22:35:11] BTCDJS : Mate you a tradesman by trade? Joiner? Bricky? Sparky? Plumber?
[2016-06-13 22:35:27] BTCDJS : Youd do well on a building site lol
[2016-06-13 22:35:34] justinlooking : rapid remember reverse indicator :P
[2016-06-13 22:35:49] wurstgelee : :D
[2016-06-13 22:36:00] podizzle3k : 18:32 - rapidtrades: yeah some ppl call me the leader here
[2016-06-13 22:36:03] wurstgelee : i remember a certain guy refusing to read
[2016-06-13 22:36:03] podizzle3k : hahah
[2016-06-13 22:36:08] justinlooking : ^^
[2016-06-13 22:36:22] podizzle3k : rapids reverse indictor is working well
[2016-06-13 22:36:25] podizzle3k : yesterday and today
[2016-06-13 22:36:37] podizzle3k : almost instantly
[2016-06-13 22:36:38] wurstgelee : didnt pay attention to it recently
[2016-06-13 22:36:41] wurstgelee : just long
[2016-06-13 22:37:12] wurstgelee : out of everything now..so good night
[2016-06-13 22:37:29] podizzle3k : ok catch you when the alarm goes off
[2016-06-13 22:37:34] wurstgelee : yep
[2016-06-13 22:37:35] wurstgelee : ;)
[2016-06-13 22:37:51] ted : whats this revers indicator?
[2016-06-13 22:38:24] podizzle3k : usually when rapidtrades says something about the premium being too high or longs getting scared the price pumps
[2016-06-13 22:39:13] ted : i think he was referring to the shorts that time
[2016-06-13 22:55:17] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 706.06
[2016-06-13 22:55:21] REKT : Liquidated long on `XBTUSD`: Sell 2391 @ 705.90
[2016-06-13 23:00:59] podizzle3k : hey wally or sam did you guys ever notice the buy stop / sell stop doesnt switch properly when you switch from net long to net short or vice versa
[2016-06-13 23:01:05] podizzle3k : the wrong one remains grayed out
[2016-06-13 23:01:21] podizzle3k : i almost doubled down instead of stop loss
[2016-06-13 23:02:03] podizzle3k : wtf its wrong again
[2016-06-13 23:02:31] podizzle3k : nm i figured it out
[2016-06-13 23:02:39] podizzle3k : this is an issue
[2016-06-13 23:03:22] podizzle3k : it wont let me set a buy stop below the current eth bid even though the mark price is nowhere near that high
[2016-06-13 23:03:25] podizzle3k : should probably fix that
[2016-06-13 23:04:17] podizzle3k : serious bug
[2016-06-13 23:04:49] justinlooking : a buy stop limit beneath best bid is just a limit order? unless i misundestand (prolly)
[2016-06-13 23:05:02] podizzle3k : yes because its triggered by mark price not by best bid
[2016-06-13 23:07:05] rentchev : podizzle3k: do you have Mark Price Trigger checked?
[2016-06-13 23:07:22] podizzle3k : rentchev: thank you my friend i never even noticed
[2016-06-13 23:07:40] rentchev : np
[2016-06-13 23:08:19] podizzle3k : maybe its new or something my brain totally blocked it out
[2016-06-13 23:08:29] rentchev : it is new
[2016-06-13 23:08:29] podizzle3k : good thing sleger isnt here to mock me
[2016-06-13 23:08:58] rentchev : lol
[2016-06-13 23:09:42] podizzle3k : ok now i can go for a run in peace
[2016-06-13 23:10:03] rentchev : have fun
[2016-06-13 23:38:48] vizlma22 : Is close on trigger supposed to be checked by default each time?
[2016-06-13 23:42:57] sizzurp : think we'll hit 730 today?
[2016-06-13 23:45:41] ted : i think 790 in a few days
[2016-06-13 23:46:39] ted : public just reading about it in the news.. they going to push it up
[2016-06-14 00:07:19] rapidtrades : what public? zerohedge? those f*ckers don't have two pennies to rub together
[2016-06-14 00:10:12] ted : haha, they could sell their gold and buy some
[2016-06-14 00:10:22] podizzle3k : yeah i dont see the public doing a damn thing here
[2016-06-14 00:10:31] podizzle3k : they already seen what happened in 2013
[2016-06-14 00:10:37] podizzle3k : why would they buy in now
[2016-06-14 00:11:03] podizzle3k : gonna take ATH to get the public buying in
[2016-06-14 00:11:23] ted : the only possibility is that there were some on the fence for the past 2 years and now their getting some fomo
[2016-06-14 00:11:41] podizzle3k : yeah those 11 people are probably gonna buy in
[2016-06-14 00:12:49] podizzle3k : dont worry our chinese comrades have it under control
[2016-06-14 00:13:07] podizzle3k : mix a little fake volume with some fake fiat boom u got the magic formula
[2016-06-14 00:14:12] prospecta : wheres this new instarekt button
[2016-06-14 00:14:21] prospecta : i want immediate liquidations sounds fun
[2016-06-14 00:15:41] ted : they may take it up to the 61fib before the correction, at 790
[2016-06-14 00:16:18] ted : miners holding all their coins till at least 5000 after the havling
[2016-06-14 00:16:28] ted : 5000cny that is
[2016-06-14 00:19:51] REKT : Liquidated long on `XBTUSD`: Sell 280 @ 703.85
[2016-06-14 00:21:56] REKT : Liquidated long on `XBTUSD`: Sell 279 @ 703.36
[2016-06-14 00:24:16] REKT : Liquidated long on `XBTUSD`: Sell 708 @ 701.98
[2016-06-14 00:30:47] rapidtrades : there is no rest for the wicked fellas
[2016-06-14 00:31:22] rapidtrades : i was trying to watch some ZzzZzz
[2016-06-14 00:31:40] rapidtrades : catch
[2016-06-14 00:31:44] rapidtrades : im losing it
[2016-06-14 00:40:27] j8 : gotta take the time when you need it. i had a marathon session this weekend
[2016-06-14 00:53:02] REKT : Liquidated long on `XBTUSD`: Sell 1100 @ 699.77
[2016-06-14 01:05:37] REKT : Liquidated long on `XBTUSD`: Sell 400 @ 697.81
[2016-06-14 01:05:51] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 697.39
[2016-06-14 01:09:16] messiaen8844 : the big ETH short squeeze coming soon?
[2016-06-14 01:21:55] 3aum : where can i find the funding rate for the next period?
[2016-06-14 01:22:20] micmix : Cream-White-Ox down 170 btc since last week
[2016-06-14 01:22:38] BitMEX_Wally : 3aum: https://www.bitmex.com/app/index/.XBTUSDPI
[2016-06-14 01:22:47] BitMEX_Wally : Best guess is that it will be 0.80%
[2016-06-14 01:23:51] 3aum : thanks
[2016-06-14 01:28:03] micmix : BitMEX_Wally: why did you decide to list XBJ as 24H instead of weekly for example?
[2016-06-14 01:30:24] BitMEX_Wally : The product is part of a partnership with a spot exchange that will be announced soon
[2016-06-14 01:31:45] BitMEX_Arthur : micmix: We will make more noise about it in the coming days
[2016-06-14 01:31:55] BitMEX_Arthur : The final integrations are happening now
[2016-06-14 01:31:58] j8 : if it's what i think it is, that's pretty awesome
[2016-06-14 01:32:18] micmix : ok, can't wait :smile:
[2016-06-14 01:32:18] BitMEX_Arthur : We are also thinking about displaying the product in USD terms
[2016-06-14 01:32:34] BitMEX_Arthur : so you could think of XBJ24H as XBT24H just that the spot exchange is quoine
[2016-06-14 01:32:41] BitMEX_Arthur : best thing is that there are no trading fees in japan
[2016-06-14 01:32:59] BitMEX_Arthur : so we hope to create a monster product akin to the BTCCNY leveraged products in china
[2016-06-14 01:33:18] BitMEX_Arthur : So I encourage all of you mm to get set up on quoine
[2016-06-14 01:33:31] BitMEX_Arthur : The guys are nice there and helpful, let me know if you need any introductions
[2016-06-14 01:33:33] messiaen8844 : please display USD too
[2016-06-14 01:33:34] micmix : yep, I'm already on Quoine
[2016-06-14 01:34:04] micmix : but MMs are super competitive there
[2016-06-14 01:34:05] j8 : i have an account but have just looked around
[2016-06-14 01:35:25] micmix : just testing waters for now
[2016-06-14 01:37:20] j8 : yep, i know what it is :) i won't steal your annoucement though
[2016-06-14 01:39:42] BitMEX_Arthur : Well you don't necessarily have to mm there, but as long as you are connected you can hedge your futures exposure for free
[2016-06-14 01:39:46] BitMEX_Arthur : so you can make 2.5bps on bmex
[2016-06-14 01:39:50] BitMEX_Arthur : and trade for free on quoine
[2016-06-14 01:40:03] BitMEX_Arthur : so should be quite profitable for you guys with good models
[2016-06-14 01:40:42] arbitrage001 : BitMEX_Arthur: how to make 2.5bps?
[2016-06-14 01:41:37] BitMEX_Arthur : be a maker on bmex, take your delta from quoine
[2016-06-14 01:41:42] BitMEX_Arthur : no charge other than paying the spread
[2016-06-14 01:41:45] BitMEX_Arthur : on the spot hedge
[2016-06-14 01:41:51] BitMEX_Arthur : only one exchange, very easy
[2016-06-14 01:42:21] micmix : BitMEX_Arthur: yep, sounds good
[2016-06-14 01:42:48] BitMEX_Arthur : :thumbsup:
[2016-06-14 01:44:42] arbitrage001 : BitMEX_Arthur: hedging only work if there is a way to transfer fund/contract between the two platforms with minimal cost
[2016-06-14 01:46:04] BitMEX_Wally : The network fee for a Bitcoin withdrawal is 0.0002 XBT
[2016-06-14 01:46:13] BitMEX_Wally : (minimum)
[2016-06-14 01:47:36] REKT : Liquidated short on `ETHXBT`: Buy 2789 @ 0.02559
[2016-06-14 01:47:41] REKT : Liquidated long on `XBTUSD`: Sell 200 @ 696.29
[2016-06-14 01:48:49] messiaen8844 : BTC negative premium, ETH positive premium
[2016-06-14 01:48:51] messiaen8844 : it's happening
[2016-06-14 01:50:38] guembesn : Correction ?
[2016-06-14 01:52:13] rentchev : yep
[2016-06-14 01:54:01] BitMEX_Arthur : arbitrage001: Well don't use the max leverage
[2016-06-14 01:54:08] BitMEX_Arthur : You get your bitcoin realised pnl daily
[2016-06-14 01:54:13] BitMEX_Arthur : i don't see that as a big issue
[2016-06-14 01:58:32] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 693.67
[2016-06-14 01:58:41] REKT : Liquidated long on `XBTUSD`: Sell 5705 @ 693.40
[2016-06-14 01:59:47] REKT : Liquidated long on `XBTUSD`: Sell 78 @ 692.71
[2016-06-14 02:00:36] REKT : Liquidated long on `XBTUSD`: Sell 5195 @ 691.99
[2016-06-14 02:00:56] REKT : Liquidated long on `XBTUSD`: Sell 700 @ 691.29
[2016-06-14 02:00:56] REKT : Blood on the streets!
[2016-06-14 02:01:25] messiaen8844 : now, if people run to ETH now.... be prepared for massive up
[2016-06-14 02:01:29] messiaen8844 : that's my scenario
[2016-06-14 02:01:36] REKT : Liquidated short on `ETHXBT`: Buy 1011 @ 0.02569
[2016-06-14 02:01:42] messiaen8844 : squeeze coming
[2016-06-14 02:13:01] REKT : Liquidated long on `XBTUSD`: Sell 15 @ 689.29
[2016-06-14 02:14:36] REKT : Liquidated short on `ETHXBT`: Buy 1004 @ 0.02583
[2016-06-14 02:20:32] REKT : Liquidated long on `XBTUSD`: Sell 20 @ 687.73
[2016-06-14 02:20:37] REKT : Liquidated long on `XBTM16`: Sell 40 @ 708.49
[2016-06-14 02:20:37] REKT : Liquidated long on `XBTUSD`: Sell 252 @ 687.41
[2016-06-14 02:21:02] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 685.06
[2016-06-14 02:21:27] REKT : Liquidated long on `XBTUSD`: Sell 200 @ 684.12
[2016-06-14 02:21:27] REKT : Liquidated long on `XBTUSD`: Sell 90500 @ 684.33 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-06-14 02:35:46] boxagox : What is the buy/sell limit in bitmex?
[2016-06-14 02:37:19] aethlios : boxagox: 1 contract is 1usd, no uper limit, leverage 50x
[2016-06-14 02:37:35] boxagox : what about ethxbt ?
[2016-06-14 02:37:58] aethlios : boxagox: 1 contract is 1 eth
[2016-06-14 02:38:23] boxagox : I tried adding more buys to my position ... but the buy button is not responding
[2016-06-14 02:39:01] aethlios : boxagox: try to refresh page, if not fixed is there a message?
[2016-06-14 02:39:11] boxagox : no message at all
[2016-06-14 02:39:45] boxagox : the sell button is responding, but not the buy button
[2016-06-14 02:39:51] aethlios : boxagox: did you fill the quantity and limit price box?
[2016-06-14 02:40:36] boxagox : I am pretty sure I have my buys get filled in the price range...but not all of them get filled
[2016-06-14 02:40:52] boxagox : then I tried adding more manually ... but the buy button is not responding
[2016-06-14 02:41:16] boxagox : so... I have been wondering, if there is a limit to the amount of contracts you can buy?
[2016-06-14 02:41:52] aethlios : boxagox: do you want to change price to get filled in full? cancel previous order and place a new one for the unfilled quantity
[2016-06-14 02:43:36] boxagox : I tried going market to buy some... order get rejected
[2016-06-14 02:44:21] aethlios : boxagox: do you have open orders?
[2016-06-14 02:44:31] boxagox : yes
[2016-06-14 02:45:06] messiaen8844 : boxagox, set lower margin
[2016-06-14 02:45:06] aethlios : cancel them and place a new limit order to the offer
[2016-06-14 02:45:24] messiaen8844 : we have a limit buy that's probably above your liquidation point when buying 33x
[2016-06-14 02:45:58] boxagox : ahh I see
[2016-06-14 02:46:05] messiaen8844 : when you open it'll show negative PNL, because order book is running higher than mark price
[2016-06-14 02:46:07] boxagox : what's the limit then?
[2016-06-14 02:46:08] messiaen8844 : it happens some time
[2016-06-14 02:46:34] messiaen8844 : try buying 1 contract at 25x, to see if it works
[2016-06-14 02:46:52] messiaen8844 : this has been an issue lately, swaps are getting large premiums
[2016-06-14 02:47:07] boxagox : ok... thanks, will try it out... this seems to be working
[2016-06-14 02:48:36] messiaen8844 : this has been confusing people in the past few days
[2016-06-14 02:53:46] REKT : Liquidated long on `XBJ24H`: Sell 10 @ 74967.00000
[2016-06-14 02:55:13] mbaril : how can a long be rekt if we are going up ??
[2016-06-14 02:55:27] dharmabum : If I have 10BTC I wish to maintain USD value of, it seems I just sell 5BTC of XBT Perpetual Swap @1x and that's it, optionally using a Stop Limit to trigger at the "maintain" price if it's lower than XBT @market. Correct?
[2016-06-14 02:55:28] messiaen8844 : XBJ24H why does MM just removes all orders eventually?
[2016-06-14 02:55:35] billz : funding rates will rekt you, they've been hurting me for sure
[2016-06-14 02:55:50] mbaril : yeah funding rates are killing it
[2016-06-14 02:56:07] messiaen8844 : thanks mm
[2016-06-14 02:56:41] rentchev : funding rate gets paid by longs
[2016-06-14 02:56:47] rentchev : he is talking about shorting 5 BTC
[2016-06-14 02:56:50] rentchev : he will get paid
[2016-06-14 02:59:11] 1QaZxSw2 : hey i see dpe is back to 0
[2016-06-14 02:59:15] dharmabum : rentchev: indeed. Maybe billz was replying to somebody else.
[2016-06-14 02:59:17] 1QaZxSw2 : is that due to drop
[2016-06-14 02:59:42] rentchev : not sure 1QaZxSw2
[2016-06-14 02:59:47] rentchev : where do you see the DPE?
[2016-06-14 03:00:11] 1QaZxSw2 : right below the last traded price on orderbook
[2016-06-14 03:00:21] 1QaZxSw2 : i 0.00%
[2016-06-14 03:02:19] rentchev : I don't see it 1QaZxSw2
[2016-06-14 03:03:04] mbaril : time to rekt some short ;)
[2016-06-14 03:03:20] rentchev : nah
[2016-06-14 03:03:32] rentchev : not going to shoot up yet
[2016-06-14 03:03:33] billz : rentchev: right next to the mark price
[2016-06-14 03:04:01] billz : hoping for another shootup into 700s so i close this long before funding kicks in
[2016-06-14 03:05:49] rentchev : Maybe I don't see the DPE because I am using Cross?
[2016-06-14 03:06:07] mbaril : Are we gonna break 700 US :)
[2016-06-14 03:06:24] rentchev : I think not, but what do I know
[2016-06-14 03:06:27] rentchev : :-)
[2016-06-14 03:09:16] 1QaZxSw2 : why not just trade spot instead of cross
[2016-06-14 03:09:51] 1QaZxSw2 : 5x should be generally safe
[2016-06-14 03:11:16] dharmabum : billz: Do you only get hit by funding at a specific moment, but if you're out before, cost=zero?
[2016-06-14 03:11:43] 1QaZxSw2 : good question. anyone from bitmex can answer that?
[2016-06-14 03:12:07] billz : dharmabum: Yeah i believe that's what wally said, i actually just closed my long and looking at the net pnl i didn't pay it
[2016-06-14 03:13:03] dharmabum : billz: Hmm that's cool. I must dig into this more.
[2016-06-14 03:13:19] 1QaZxSw2 : thank god for the bear move, the dpe was getting ridiculous
[2016-06-14 03:13:40] rentchev : I am currently short
[2016-06-14 03:14:00] rentchev : I will get 1.125% of what?
[2016-06-14 03:14:42] rentchev : 5000 contracts = 7.189 XBT
[2016-06-14 03:14:52] billz : rentchev: so you will get 0.07189
[2016-06-14 03:14:59] billz : when funding kicks in
[2016-06-14 03:15:15] rentchev : cool
[2016-06-14 03:15:29] rentchev : if there is no crazy upwards movement
[2016-06-14 03:15:46] 1QaZxSw2 : wait, shouldnt the funding invert when the markets are going down?
[2016-06-14 03:15:50] billz : just went short myself lol funding is like free money
[2016-06-14 03:15:57] 1QaZxSw2 : longs should be getting it now
[2016-06-14 03:16:03] rentchev : 1QaZxSw2: it will eventually
[2016-06-14 03:16:20] rentchev : still a lot of people are long
[2016-06-14 03:16:29] rentchev : so someone has to pay for lending
[2016-06-14 03:16:45] rentchev : Bitfinex rate is high as there are no BTC available to lend
[2016-06-14 03:16:48] 1QaZxSw2 : does it say anywhere direction of funding
[2016-06-14 03:16:48] rentchev : everyone is long
[2016-06-14 03:16:50] rentchev : lol
[2016-06-14 03:16:56] rentchev : yes
[2016-06-14 03:17:06] rentchev : on the left under Contract details
[2016-06-14 03:17:16] rentchev : when it's positive longs pay, when negative shorts pay
[2016-06-14 03:17:24] 1QaZxSw2 : ah ok
[2016-06-14 03:17:57] 1QaZxSw2 : so i should exit 1m before funding kicks in and re-enter right after to avoid it?
[2016-06-14 03:18:10] rentchev : not sure about this
[2016-06-14 03:18:33] 1QaZxSw2 : well, i'll be paying nitmex commission instead of funding
[2016-06-14 03:18:52] rentchev : looking at my history I see I've paid funding as well as got paid for different trades
[2016-06-14 03:19:11] rentchev : 1QaZxSw2: not if you put a limit order
[2016-06-14 03:19:18] rentchev : then you will get paid the commision
[2016-06-14 03:19:37] rentchev : I get paid commissions for most of my orders
[2016-06-14 03:19:40] 1QaZxSw2 : rentchev, thats a great idea. i'll exit right before funding and re0enter
[2016-06-14 03:20:02] 1QaZxSw2 : im such a genius that i overwhelm myself
[2016-06-14 03:20:15] 1QaZxSw2 : --Homer Simpson
[2016-06-14 03:22:20] 1QaZxSw2 : amazing, so much time to buy last 2 years and everyone wakes up now
[2016-06-14 03:22:26] 1QaZxSw2 : buy buy buy
[2016-06-14 03:22:47] mbaril : we reach the crossover on ok
[2016-06-14 03:22:51] mbaril : going up right now
[2016-06-14 03:23:58] 1QaZxSw2 : shorting is a dangerous game until halvening. at least stops need to be in place
[2016-06-14 03:24:12] 1QaZxSw2 : never know when the rabid longs will stampede
[2016-06-14 03:24:50] billz : I think we got a day atleast of consolidation
[2016-06-14 03:25:05] mbaril : shorting rihgt now is not a good idea. The trend is on loing
[2016-06-14 03:25:11] mbaril : check ok
[2016-06-14 03:33:40] mbaril : 4$ lower than bitfin
[2016-06-14 03:33:42] rentchev : mbaril: what time frame
[2016-06-14 03:33:49] rentchev : it's all about timeframe
[2016-06-14 03:33:59] mbaril : 23:15
[2016-06-14 03:34:10] rentchev : no silly
[2016-06-14 03:34:20] rentchev : daily chart, 4h chart, 1 h etc
[2016-06-14 03:34:29] rentchev : daily is bulish, but not 1h or 2h
[2016-06-14 03:34:53] rentchev : https://tradeblock.com/markets/bfnx/xbt-usd/1h/
[2016-06-14 03:34:53] mbaril : im on 5 min
[2016-06-14 03:35:08] mbaril : I day trade
[2016-06-14 03:35:13] rentchev : https://tradeblock.com/markets/bfnx/xbt-usd/5m/
[2016-06-14 03:35:23] billz : okcoin seems to holding 4650 cny but i think we'll see 4580 again before this bull run starts, gotta shakeout a bit and get short fuel to 800
[2016-06-14 03:35:25] rentchev : this looks bullish to you?
[2016-06-14 03:36:16] mbaril : never said its bullish
[2016-06-14 03:36:18] billz : longs have been getting rekted all morning
[2016-06-14 03:36:32] mbaril : just said that we will see a last up to max 700
[2016-06-14 03:36:36] mbaril : before consolidation
[2016-06-14 03:37:06] mbaril : 699-700 will ve the time to short P
[2016-06-14 03:37:08] mbaril : :p
[2016-06-14 03:37:31] rentchev : I am short since 704
[2016-06-14 03:37:38] rentchev : so I guess I did better than that
[2016-06-14 03:37:45] mbaril : good call ;)
[2016-06-14 03:38:08] rentchev : it was scary to enter there :-)
[2016-06-14 03:38:16] rentchev : but once you are in profit it's easy
[2016-06-14 03:38:21] rentchev : stop at 703
[2016-06-14 03:38:35] mbaril : hey hey
[2016-06-14 03:38:48] mbaril : when you get away from the liquidation you are good
[2016-06-14 03:39:13] rentchev : I have a small position
[2016-06-14 03:39:21] rentchev : liq proce 953
[2016-06-14 03:39:22] elmorte : Morning :)
[2016-06-14 03:39:24] rentchev : price
[2016-06-14 03:39:31] rentchev : gm elmorte
[2016-06-14 03:39:38] rentchev : 8:39 PM here lol
[2016-06-14 03:39:49] elmorte : rentchev: How ya been in the last 9hrs? :)
[2016-06-14 03:40:01] rentchev : it's been great
[2016-06-14 03:40:11] rentchev : some nice dumps
[2016-06-14 03:40:40] elmorte : Yeah, my short filled at 685 an hour ago :)
[2016-06-14 03:40:57] elmorte : I mean covered!
[2016-06-14 03:42:29] elmorte : I guess the funding trick worked, everyone's trying to get the shorts in before the funding
[2016-06-14 03:43:07] arbitrage001 : elmorte: still doing it irraltional way
[2016-06-14 03:43:32] arbitrage001 : they want to avoid paying 1.125% funding by selling 2% below spot
[2016-06-14 03:43:40] arbitrage001 : how smart is that?
[2016-06-14 03:43:46] rentchev : lol
[2016-06-14 03:44:21] elmorte : I calculated and it's about $8
[2016-06-14 03:44:25] arbitrage001 : or short trying to get 1.125 funding by selling 2% below short
[2016-06-14 03:44:41] billz : Yeah, i agree this system is kinda wack
[2016-06-14 03:45:05] arbitrage001 : billz: system is not wack, quality of traders here is
[2016-06-14 03:45:27] elmorte : what arb said^
[2016-06-14 03:45:42] rentchev : it's fine guys
[2016-06-14 03:45:52] arbitrage001 : rentchev: yes
[2016-06-14 03:45:52] rentchev : in the big picture it's about correct trading
[2016-06-14 03:46:04] arbitrage001 : better having a dumb counter party
[2016-06-14 03:46:06] rentchev : not about fees or funding rates
[2016-06-14 03:46:13] rentchev : no shit
[2016-06-14 03:46:22] elmorte : rentchev: this ain't spot market :p
[2016-06-14 03:46:36] elmorte : all about the fees & funding atm
[2016-06-14 03:47:19] elmorte : If the price falls another 2-3 $, I might close my current short and make a bit more than funding
[2016-06-14 03:47:26] arbitrage001 : price will jump back up after funding
[2016-06-14 03:47:36] arbitrage001 : wiping out all benefit gain by funding
[2016-06-14 03:47:46] arbitrage001 : my view, of course
[2016-06-14 03:47:54] elmorte : Until the next funding :)
[2016-06-14 03:48:00] j8 : it should theoretically. we'll see if traders have figured that out yet
[2016-06-14 03:48:02] limsta08 : settlment time changed?
[2016-06-14 03:48:20] elmorte : limsta08: funding is at 8hr intervals
[2016-06-14 03:48:25] j8 : also if the view is that rates are going down, it won't buy up all the way
[2016-06-14 03:48:30] elmorte : UTC noon being one of them
[2016-06-14 03:49:02] elmorte : j8: do we know the next rate?
[2016-06-14 03:49:29] arbitrage001 : was close to 0.8 2 hours ago
[2016-06-14 03:50:13] j8 : the change in the rate is capped at 0.35% and it will hit that cap downward
[2016-06-14 03:50:50] j8 : er 0.325% i mean
[2016-06-14 03:50:57] elmorte : Yup...only around 0.57% for the premium
[2016-06-14 03:51:03] elmorte : atm
[2016-06-14 03:51:13] rapidtrades : so it will around 0.8%?
[2016-06-14 03:51:22] arbitrage001 : rapidtrades: should be
[2016-06-14 03:51:27] elmorte : 0.49% base....
[2016-06-14 03:51:29] rapidtrades : sweet
[2016-06-14 03:51:29] j8 : yeah or more likely exactly 0.8%
[2016-06-14 03:52:07] elmorte : Do we add up the base and premium?
[2016-06-14 03:52:22] elmorte : coz it adss up to more than 1
[2016-06-14 03:52:53] j8 : the premium index is relative to the mark price https://www.bitmex.com/app/index/.XBTUSDPI
[2016-06-14 03:52:56] rapidtrades : even better
[2016-06-14 03:53:08] billz : what is going on with ETH here? trading way above market price
[2016-06-14 03:53:12] dharmabum : https://www.bitmex.com/app/fundingHistory
[2016-06-14 03:54:11] elmorte : dharmabum: that's history...
[2016-06-14 03:54:39] arbitrage001 : elmorte: and upcoming one
[2016-06-14 03:55:04] elmorte : arbitrage001: where?
[2016-06-14 03:55:27] arbitrage001 : nm, may be read it wrong
[2016-06-14 03:55:30] dharmabum : elmorte: sure, but it shows the funding interval for the various symbols/pairs
[2016-06-14 03:55:38] rapidtrades : so we'll again see 1.1%
[2016-06-14 03:55:45] BitMEX_Wally : Wrong
[2016-06-14 03:55:49] elmorte : No...j8 did it right
[2016-06-14 03:55:56] BitMEX_Wally : We'll see 0.81%
[2016-06-14 03:56:02] BitMEX_Wally : As the next funding rate
[2016-06-14 03:56:05] elmorte : Cheers @BitMEX_Wally
[2016-06-14 03:56:24] BitMEX_Wally : I am going to add an 'Indicative Funding Rate' that shows up after 4 hours
[2016-06-14 03:56:35] elmorte : Nice one
[2016-06-14 03:56:40] rapidtrades : 0.7787%
[2016-06-14 03:56:47] rapidtrades : whats this then feg
[2016-06-14 03:56:50] elmorte : No, that's the previous one
[2016-06-14 03:56:50] aethlios : BitMEX_Wally: that's good
[2016-06-14 03:57:04] elmorte : rapidtrades: that was 16-8hrs ago
[2016-06-14 03:57:10] elmorte : I remember the digits
[2016-06-14 03:57:12] BitMEX_Wally : Funding: 1.1250% in 3 minutes
[2016-06-14 03:57:27] BitMEX_Wally : Then in 8 hours will be 0.81%
[2016-06-14 03:57:50] arbitrage001 : anyone want to avoid funding fee by selling 5% below, let me know
[2016-06-14 03:58:46] billz : 687 is pretty much exactly 1.1% below
[2016-06-14 03:58:53] arbitrage001 : billz: yes
[2016-06-14 03:59:03] arbitrage001 : and price will jump back up right after
[2016-06-14 03:59:48] arbitrage001 : here we go
[2016-06-14 04:00:34] mbaril : ahahahahha
[2016-06-14 04:00:50] elmorte : :)
[2016-06-14 04:00:51] arbitrage001 : rediculus, isnt it?
[2016-06-14 04:00:58] BitMEX_Wally : Free money
[2016-06-14 04:00:58] Blargwaffle : Red... iculus?
[2016-06-14 04:01:16] BitMEX_Wally : Place some bids, get filled, pay funding, then sell
[2016-06-14 04:01:21] REKT : Liquidated short on `ETHXBT`: Buy 1 @ 0.02619 :punch: :whale:
[2016-06-14 04:02:05] arbitrage001 : we are back to premium mode
[2016-06-14 04:02:26] BitMEX_Wally : The premium is currently less than 0.80% though
[2016-06-14 04:02:59] sizzurp : #getbtcto750
[2016-06-14 04:03:10] rapidtrades : BitMEX_Wally: can u guys make a page that will display the coming funding rate? like u have for the premium
[2016-06-14 04:03:17] rapidtrades : so we don't have to do thi evry 8hrs
[2016-06-14 04:03:19] 1QaZxSw2 : oh crap i forgot to sell and rebuy
[2016-06-14 04:03:27] j8 : he just said he was going to add that
[2016-06-14 04:03:34] rapidtrades : who
[2016-06-14 04:03:37] j8 : wally
[2016-06-14 04:03:39] rapidtrades : k
[2016-06-14 04:04:15] rapidtrades : guess 0.8% aint bad :(
[2016-06-14 04:04:23] rapidtrades : QQ
[2016-06-14 04:04:34] rapidtrades : ^^^ rich man tears
[2016-06-14 04:04:50] j8 : just sell more to get the same return
[2016-06-14 04:05:00] micmix : well I guess I'll just stop MMing for now, get free funding money instead
[2016-06-14 04:05:08] rapidtrades : i don't play that game fella @j8
[2016-06-14 04:05:46] rapidtrades : micmix: u can only do asks :)
[2016-06-14 04:05:48] BitMEX_Wally : rapidtrades: "11:56 - BitMEX_Wally: I am going to add an 'Indicative Funding Rate' that shows up after 4 hours"
[2016-06-14 04:06:02] rapidtrades : k
[2016-06-14 04:06:22] messiaen8844 : that is unfair JBY market maker
[2016-06-14 04:07:17] messiaen8844 : removing all liquidity so I need to buy way way way above my liq price
[2016-06-14 04:07:26] 3aum : is there an easier way to use your funding to short, other than having to remove the margin, then put in a sell order
[2016-06-14 04:08:09] rapidtrades : cross?
[2016-06-14 04:08:11] messiaen8844 : why all this fuckery?
[2016-06-14 04:08:38] BitMEX_Arthur : messiaen8844: We are working with our main mm and quoine, still some kinks to be worked out, but over the next few days the spreads will get much tighter
[2016-06-14 04:08:39] BitMEX_Arthur : and size larger
[2016-06-14 04:09:11] 1QaZxSw2 : tighter and larger, eh? sounds like my favorite porno
[2016-06-14 04:09:34] messiaen8844 : I get spread, I don't get all orders disapearing, and stop market buying 10% above mark price
[2016-06-14 04:09:39] BitMEX_Wally : I like my deep orders getting filled
[2016-06-14 04:10:21] messiaen8844 : but yeah, looking forward to that liquidity
[2016-06-14 04:11:04] messiaen8844 : it will be great to have 100x and 50x... user count seems to be increasing aswell
[2016-06-14 04:12:15] Blargwaffle : A swell... amount?
[2016-06-14 04:16:51] REKT : Liquidated short on `ETHXBT`: Buy 5 @ 0.02640
[2016-06-14 04:20:24] rapidtrades : there were bids at 693 just now right?
[2016-06-14 04:20:44] rapidtrades : im not going mad?
[2016-06-14 04:21:46] j8 : sure there are
[2016-06-14 04:22:16] rapidtrades : k fella
[2016-06-14 04:27:20] rapidtrades : dam lot of uk polls coming in for brexit this week
[2016-06-14 04:31:37] rapidtrades : https://www.betfair.com/exchange/plus/#/politics/market/1.118739911
[2016-06-14 04:54:49] tscha : BitMEX_Arthur: when you say "our main mm" you mean Wally booting up his scripts on a separate aws instance?
[2016-06-14 04:55:47] BitMEX_Arthur : tscha: they are having connection issues with quoine, and i'm told they are working them out
[2016-06-14 05:01:24] 1QaZxSw2 : i would think wally's scripts would do a lot better. this looks like real mm stupidity
[2016-06-14 05:05:12] 1QaZxSw2 : i dont mean stupidity, i mean they have limitatio
[2016-06-14 05:07:08] huangyong : BitMEX_Arthur: @BitMEX_Wally 管理员，能把利率funding调整的那个通知，翻译一下吗，翻译成中文，看不太懂，不知道怎么玩呢
[2016-06-14 05:07:29] 1QaZxSw2 : translation?
[2016-06-14 05:10:58] BitMEX_Arthur : huangyong: 可以
[2016-06-14 05:12:14] huangyong : BitMEX_Arthur: 邮件给我还是，在这群里发一下
[2016-06-14 05:13:01] BitMEX_Arthur : huangyong: 好谢谢
[2016-06-14 05:24:29] BitMEX_Jinming : huangyong: 我们会尽快翻译，然后发邮件给你
[2016-06-14 05:54:54] dharmabum : 1QaZxSw2: They are talking about Obama's wife's legs.
[2016-06-14 05:55:35] dharmabum : 1QaZxSw2: So long and slender for an older woman…
[2016-06-14 06:01:40] 1QaZxSw2 : its beginning to pop
[2016-06-14 06:01:49] billz : ETH looking like a nice short right now
[2016-06-14 06:06:17] REKT : Liquidated long on `XBTUSD`: Sell 44300 @ 695.72 **MEGA-REKT** :boom:
[2016-06-14 06:06:47] REKT : Liquidated long on `XBTUSD`: Sell 30000 @ 695.08 **MEGA-REKT** :boom:
[2016-06-14 06:26:25] zanza : good morning gents, did I miss any drama while I was away?
[2016-06-14 06:26:41] tscha : zanza: morning. don't think so.
[2016-06-14 06:26:53] zanza : is sleger back ?
[2016-06-14 06:27:33] podizzle3k : dunno but it looks like eth bot said peace out
[2016-06-14 06:31:06] rentchev : Swap again at big discount
[2016-06-14 06:31:22] rentchev : Lots of time until next funding
[2016-06-14 06:31:36] 1QaZxSw2 : its rektistan over here
[2016-06-14 06:41:57] rentchev : Saw the two mega rekt
[2016-06-14 06:45:52] mrp1nk : why mark price is 693.91?
[2016-06-14 06:48:27] rentchev : Funding aperantly afects it
[2016-06-14 06:49:16] rentchev : I don't care that much about mark price anymore
[2016-06-14 06:49:43] rentchev : Since I can put stops on the trade price now
[2016-06-14 06:51:02] mrp1nk : how
[2016-06-14 06:52:10] rentchev : Uncheck mark price trigget
[2016-06-14 06:53:38] mrp1nk : ah, i see
[2016-06-14 07:03:50] rapidtrades : next rate after this should be small right
[2016-06-14 07:04:42] elmorte : Yeah, probably down by the max allowed cap
[2016-06-14 07:06:37] elmorte : 0.4799 minimum...still over 1%/day
[2016-06-14 07:06:37] BitMEX_Wally : Yes, like to be 0.4299%
[2016-06-14 07:06:38] Bacon futures trader : huobi 5 min is coiling since yesterday
[2016-06-14 07:06:45] Bacon futures trader : lol, huob
[2016-06-14 07:07:01] elmorte : The cap is not .325%? @BitMEX_Wally
[2016-06-14 07:07:38] BitMEX_Wally : It can only go up or down by 0.375%
[2016-06-14 07:07:59] elmorte : My bad, was going off of chat logs where someone said it was .325%
[2016-06-14 07:13:07] elmorte : BitMEX_Wally: are orders made on mobile listed as `Submitted via API.` ?
[2016-06-14 07:16:06] BitMEX_Wally : Should be "Submitted via Frontend"
[2016-06-14 07:16:10] rentchev : BitMEX_Wally if my stop trigger my limit order is canceled, what if my limit is filled?
[2016-06-14 07:16:22] rentchev : Stop will stay?
[2016-06-14 07:16:29] BitMEX_Wally : rentchev: Yes
[2016-06-14 07:16:37] BitMEX_Wally : rentchev: We have support for OneCancelsTheOther orders in the API
[2016-06-14 07:16:48] BitMEX_Wally : We will bring this to the frontend soon
[2016-06-14 07:17:20] rentchev : I know, have not started with the api yet
[2016-06-14 07:17:37] rentchev : Need some free time
[2016-06-14 07:20:01] rentchev : BitMEX_Wally can I change my nick to Rado?
[2016-06-14 07:23:32] elmorte : BitMEX_Wally: Is the 0.375% cap documented anywhere?
[2016-06-14 07:28:18] Samirum : BitMEX_Wally: what price is used for liquidation? Mark price Right?
[2016-06-14 07:28:28] rapidtrades : ya
[2016-06-14 07:28:44] Samirum : OK
[2016-06-14 07:29:36] Samirum : Eth mark price is good for short
[2016-06-14 07:35:24] Mr Blue : red candals all round today guys, more selling is happening than buying, but the line seeems to be getting held so far.
[2016-06-14 07:36:05] BTCDJS : Mr Blue: told you that yesterday mate.
[2016-06-14 07:38:10] rentchev : Yes you did
[2016-06-14 07:38:22] zanza : anyone trade fiat/bitcoin with BTC-e?
[2016-06-14 07:38:40] rapidtrades : what does that mean
[2016-06-14 07:38:46] rentchev : No crazy people here zanza
[2016-06-14 07:38:59] zanza : where do u buy bitcoin rapidtrades?
[2016-06-14 07:39:13] rapidtrades : buy as in what
[2016-06-14 07:39:18] rentchev : Bitfinex
[2016-06-14 07:39:24] Mr Blue : BTCDJS: erm I don't remember mate, but good call if you shorted at 725
[2016-06-14 07:39:41] rapidtrades : u mean with cash or what
[2016-06-14 07:39:47] zanza : BTC-E has a Metatrader 4 interface wonder if anyone used that
[2016-06-14 07:39:55] rapidtrades : yeah im using it
[2016-06-14 07:40:08] BTCDJS : rapidtrades: she means the guy you meet at McDonalds
[2016-06-14 07:40:15] zanza : do you use leverage ?
[2016-06-14 07:40:26] rapidtrades : yeah of course...its btc-e
[2016-06-14 07:40:26] zanza : i read they will do up to 3x lev
[2016-06-14 07:40:37] rapidtrades : yeah its 3/1
[2016-06-14 07:41:03] zanza : is the deposit currency btc or usd/eur?
[2016-06-14 07:41:15] rapidtrades : could be anything of those
[2016-06-14 07:41:19] zanza : and do they have funding rates overnight
[2016-06-14 07:41:24] rapidtrades : nope
[2016-06-14 07:41:39] zanza : so its a good place to hedge then
[2016-06-14 07:42:06] rapidtrades : i only keep a small part of my stash on btce
[2016-06-14 07:42:16] rapidtrades : cos its not the safest place in the world :)
[2016-06-14 07:42:45] zanza : people always say they are shady but, they been around for like 3-4 years?