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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-06-16 07:52:13] elmorte : j8: The baseline is...equity invested? [2016-06-16 07:54:12] j8 : there is a maximum possible loss, if you hold to expiry, which means you need at least that much margin for the position, but actually much more because the premiums change and they're not even on the same exchange [2016-06-16 07:56:05] j8 : it's an appealing trade because the gains once you get outside that range can be many times the maximum possible loss [2016-06-16 07:56:26] elmorte : It's a U shaped plot? [2016-06-16 07:57:11] j8 : yeah [2016-06-16 08:02:54] BitMEX_Wally : If you are long spot and short quanto then a 10% move in either direction results in a 1% loss [2016-06-16 08:03:24] BitMEX_Wally : So your return is p-r^2 where p is the premium you sold quanto at [2016-06-16 08:04:11] jung1 : http://cointelegraph.com/news/new-advisors-could-push-lisk-beyond-ethereum [2016-06-16 08:04:32] justinlooking : blue mooooon [2016-06-16 08:10:04] elmorte : BitMEX_Wally: cheers Wally...some of us are stuck on the whole underlying equity thing. [2016-06-16 08:10:08] justinlooking : can i use execInst with order/bulk ? [2016-06-16 08:10:41] BitMEX_Wally : justinlooking: Of course [2016-06-16 08:11:11] justinlooking : k ty [2016-06-16 08:11:48] Yumi : Quanto confusing people since 2014 [2016-06-16 08:12:11] elmorte : Like...using the XBTU16 calculator...long entry 967 and exit 1100 gives profit of ~14%....but ROE of 344% [2016-06-16 08:12:47] elmorte : still hasn't clicked up here [2016-06-16 08:13:56] elmorte : still calculating on the notional value I guess [2016-06-16 08:14:17] BitMEX_Wally : The ROE is just the Profit/Loss % multiplied by the leverage [2016-06-16 08:14:23] Yumi : ROE is calculated based on margin you need to put up for a position [2016-06-16 08:14:25] BitMEX_Wally : so 14% * 25 = 344% [2016-06-16 08:15:43] haxmb : BitMEX_Wally: can you explain why the ETHXBT contract is about 100 points above index? [2016-06-16 08:15:51] haxmb : im having trouble understanding [2016-06-16 08:16:00] elmorte : Ok. So I'm completely off track then? [2016-06-16 08:16:03] BitMEX_Wally : Because the funding rate is too low [2016-06-16 08:16:35] BTCDJS : twice I skewed my delta now. Is that too much? I don't know. But I think thats it for the day. [2016-06-16 08:16:43] BitMEX_Wally : We will add an ETHXBT Premium Index and use that (after giving a week's notice) [2016-06-16 08:16:50] haxmb : BitMEX_Wally: cheers [2016-06-16 08:17:04] haxmb : i'd like to be able to short a swap that tracks the actual exchange rate [2016-06-16 08:17:06] haxmb : not +4% [2016-06-16 08:17:16] elmorte : BTCDJS: I like my delta as tight as possible [2016-06-16 08:18:01] BitMEX_Wally : haxmb: You want to earn less money? [2016-06-16 08:18:09] BTCDJS : Oh well yes. Some like it tight. Ive got to admit. Im partial to a bit of tightness myself [2016-06-16 08:18:20] Bacon futures trader : Realised pnl = daily updated? [2016-06-16 08:18:30] BTCDJS : BitMEX_Wally: lol [2016-06-16 08:18:41] BitMEX_Wally : Once we introduce the premium index to ETHXBT then it will track spot more closely [2016-06-16 08:19:04] BitMEX_Wally : Bacon futures trader: Realised PNL = Profit or loss that has been realised either by closing/reducing a position, by paying fees, or by rebalance. [2016-06-16 08:19:31] justinlooking : wally u really need an irc bot [2016-06-16 08:19:38] elmorte : So some of it is calc'ed at regular intervals, some when you close position [2016-06-16 08:20:06] elmorte : justinlooking: what happened to the two way bot there? [2016-06-16 08:20:42] Bacon futures trader : I just opened a small position and go a realised pnl of 0.25 xbt. Must be from my previous trade? [2016-06-16 08:21:05] elmorte : That's way too much of a maker fee on a small position... [2016-06-16 08:21:12] elmorte : Hover over it? [2016-06-16 08:21:20] justinlooking : elmorte: it's still there afaik [2016-06-16 08:21:42] elmorte : justinlooking: so what bot does he need there? [2016-06-16 08:21:53] Bacon futures trader : Idk, my browser is glitching out a bit elmorte [2016-06-16 08:21:58] justinlooking : i mean so that the most common questions can be asnswerd by doing !rebalance or !dpe [2016-06-16 08:22:06] elmorte : oh yeah [2016-06-16 08:22:10] j8 : alright trolls. https://imgur.com/a/Nf5ke @elmorte @rapidtrades @micmix @rado [2016-06-16 08:22:11] justinlooking : like they do in programming rooms on freenode [2016-06-16 08:22:21] elmorte : Or just provide the link to the docs...theyr [2016-06-16 08:22:28] elmorte : theyre a bit of a maze now... [2016-06-16 08:22:35] justinlooking : true [2016-06-16 08:23:53] elmorte : j8: love you long time buddy [2016-06-16 08:24:03] rapidtrades : j8: eng? can't read that scale [2016-06-16 08:24:13] dharmabum : Bacon futures trader: which browser/platform? [2016-06-16 08:24:30] Bacon futures trader : Ah think my realised pnl is that high because of an unrealised profit [2016-06-16 08:24:47] dharmabum : Bacon futures trader: PNL is just since last rebalance [2016-06-16 08:24:50] j8 : rapidtrades: both have the settlement price on the x axis. one has PNL in BTC on the y axis, the other has PNL in USD [2016-06-16 08:25:05] rapidtrades : can't be right if max loss is <$50 [2016-06-16 08:25:05] j8 : thousands of USD actually [2016-06-16 08:25:11] Bacon futures trader : Ah ok, need to wait for rebalance. Just realised. [2016-06-16 08:25:14] rapidtrades : ah ok [2016-06-16 08:25:18] j8 : for 100 btc long, 100 btc short [2016-06-16 08:25:22] Bacon futures trader : dharmabum: good old IE [2016-06-16 08:25:36] dharmabum : Bacon futures trader: good luck with that then. [2016-06-16 08:25:48] rapidtrades : still the scale is f-ed up, [2016-06-16 08:26:06] rapidtrades : should've maxed it out at 50-60 [2016-06-16 08:26:14] rapidtrades : with 5 point increments [2016-06-16 08:26:15] elmorte : Ah, ok....so quanto is linear in XBT and inverse is linear in USD [2016-06-16 08:26:26] j8 : the big moves are what it's all about though [2016-06-16 08:26:59] men : bitcoin ready for another leg up ? :D [2016-06-16 08:27:26] rapidtrades : dude we all know how quantos work during big moves...the debate was about the max loss if things don't work out @j8 [2016-06-16 08:27:52] rapidtrades : its around $150-200 per btc? [2016-06-16 08:27:57] j8 : oh, well i wanted to show the whole picture. jeez what are you a teacher [2016-06-16 08:28:33] dharmabum : we're all teachers j8. all students too :) [2016-06-16 08:29:11] rapidtrades : j8: tnx i guess it could help the newbs here [2016-06-16 08:29:12] j8 : the max loss in that one is $15k usd, so yeah $150 per ptc [2016-06-16 08:29:27] j8 : btc [2016-06-16 08:30:10] rapidtrades : trust me i know how quantos work during big moves, i have a small xbut16 short since 500...its now doubled in value [2016-06-16 08:30:15] j8 : so are you guys all motivated to sell into that liquidation now? [2016-06-16 08:30:52] rapidtrades : of doubled in size i should say [2016-06-16 08:31:08] rapidtrades : quanttos are vicious :) [2016-06-16 08:31:10] j8 : yeah that's the magic [2016-06-16 08:31:12] elmorte : What's the max loss in % terms? [2016-06-16 08:31:32] rapidtrades : 25% ish [2016-06-16 08:31:47] elmorte : and what's the leverage at OKC? [2016-06-16 08:31:53] rapidtrades : 20/1 [2016-06-16 08:32:04] rapidtrades : but he's talking about longing here, shorting there [2016-06-16 08:32:11] j8 : max loss in btc is 16 and there was 100 btc position on each side [2016-06-16 08:32:14] rapidtrades : u were asking about the oposite [2016-06-16 08:32:25] rapidtrades : so in ur case, the loss in unlimited @elmorte [2016-06-16 08:32:44] elmorte : no leverage for shorts on OKC? [2016-06-16 08:32:55] rapidtrades : i said its 220.1 [2016-06-16 08:32:59] rapidtrades : 20 [2016-06-16 08:33:10] Bacon futures trader : lol, only leverage for long [2016-06-16 08:33:11] elmorte : Yeah, and I know he said sell at 820 and buy at 970 [2016-06-16 08:33:23] Bacon futures trader : How are fees on okcoin? [2016-06-16 08:33:23] elmorte : so I know which one to short/long [2016-06-16 08:33:32] rapidtrades : k [2016-06-16 08:33:35] Bacon futures trader : How are fees on OKC? [2016-06-16 08:33:38] elmorte : thanks though [2016-06-16 08:33:46] haxmb : BitMEX_Wally: no i just want to be able to close positions when price goes down [2016-06-16 08:33:54] haxmb : instead of getting premium increase + price go down [2016-06-16 08:33:58] haxmb : and sitting in flat [2016-06-16 08:34:23] rapidtrades : that guy that arbed the okc futures made out like a bandit [2016-06-16 08:34:41] haxmb : Bacon futures trader: .03% [2016-06-16 08:34:47] rapidtrades : now only $7 from bitfinex [2016-06-16 08:34:56] Bacon futures trader : That's decent [2016-06-16 08:35:01] haxmb : rapidtrades: weekly? [2016-06-16 08:35:07] rapidtrades : yes [2016-06-16 08:35:20] rapidtrades : its still a bit high but was over 2% earlier [2016-06-16 08:35:22] haxmb : yeah, that premium was all over the place last couple days [2016-06-16 08:35:30] BitMEX_Wally : haxmb: If we use the premium index to charge funding then the premium will reduce, so you will earn funding and will be able to get out a spot [2016-06-16 08:35:40] haxmb : BitMEX_Wally: (Y) great [2016-06-16 08:35:46] haxmb : thats exactly what i want [2016-06-16 08:36:01] haxmb : because i combine positions on serveral leveraged exchanges [2016-06-16 08:36:05] BitMEX_Wally : We will also move all the swaps to match XBTUSD, so 8 hour funding, and 24 hour rebalance [2016-06-16 08:36:14] haxmb : cant have one diverge from the rest, messes up my arbs [2016-06-16 08:36:24] elmorte : to short 100 xbt on OKC, you put up 5 xbt, and to long 100 xbt on XBTU16, you put up 4 XBT....so how can you lose more than 9XBT? [2016-06-16 08:37:02] rapidtrades : idk price goes down by $50? [2016-06-16 08:37:23] elmorte : how they gonna take money you don't have? [2016-06-16 08:37:37] haxmb : elmorte: whats the question [2016-06-16 08:37:46] haxmb : "how can you lose more than 9XBT" in what context [2016-06-16 08:37:51] j8 : well the point was to hold them both until expiry. if you get liquidated you didn't do that [2016-06-16 08:37:54] BitMEX_Wally : You cannot lose more than you put in [2016-06-16 08:37:55] rapidtrades : elmorte: the trade only works if both legs are on u dummy [2016-06-16 08:38:07] elmorte : on my shoulders? [2016-06-16 08:38:11] BitMEX_Wally : However you will lose more by being liquidated than you would by moving the margin to fund the losing leg [2016-06-16 08:38:17] rapidtrades : if u get liquidated, ur now naked short/long [2016-06-16 08:38:26] micmix : rapidtrades: you were talking about max loss, we were talking about breakeven point [2016-06-16 08:38:50] micmix : $400 was about breakeven [2016-06-16 08:38:53] rapidtrades : micmix: oh rly....how is it possible that breakeven is > max loss [2016-06-16 08:38:56] rapidtrades : oh f off [2016-06-16 08:38:57] rapidtrades : srs [2016-06-16 08:39:01] rapidtrades : this shit again [2016-06-16 08:39:05] rapidtrades : it is not $400 [2016-06-16 08:39:09] haxmb : with these swings, you might get called on both positions [2016-06-16 08:39:11] elmorte : BitMEX_Wally: but if j8 said max loss is 16BTC...that's more than 9BTC [2016-06-16 08:39:21] rapidtrades : micmix: post ur math sir [2016-06-16 08:39:25] elmorte : or I didn't read correctly [2016-06-16 08:39:25] haxmb : wut [2016-06-16 08:39:32] BitMEX_Wally : He was talking about holding to expiry and putting in enough margin to not get liquidated [2016-06-16 08:39:49] elmorte : Ok, gotcha...thanks for the patience [2016-06-16 08:39:58] j8 : rapidtrades: $400 move either way on the x-axis to get to the zero pnl points [2016-06-16 08:40:00] micmix : rapidtrades: j8 said that we have to go up $400 [2016-06-16 08:40:12] BitMEX_Wally : https://www.bitmex.com/app/wallet I have added 'Fee' and 'Margin Balance' to the transaction history [2016-06-16 08:40:22] micmix : and he was right, look at the graph [2016-06-16 08:40:30] rapidtrades : micmix: aaaaaaaah got u [2016-06-16 08:40:33] BitMEX_Wally : For a Pending CashRebalance the fee is the expected contribution to DPE [2016-06-16 08:40:42] rapidtrades : long only...yes that makes sense [2016-06-16 08:40:50] micmix : yep [2016-06-16 08:41:02] elmorte : now kiss [2016-06-16 08:41:09] jung1 : <3 [2016-06-16 08:41:25] rapidtrades : micmix: but he then confused everyne by saying long here short okc [2016-06-16 08:41:41] elmorte : or not.... [2016-06-16 08:41:48] j8 : that's what i said.. it's not long only [2016-06-16 08:41:50] rapidtrades : in that scenario breakeven is >150 not 400 [2016-06-16 08:42:07] j8 : if you're long only it has to settle higher than you bought, that's all [2016-06-16 08:42:09] elmorte : Ok...what's your guys starting price? [2016-06-16 08:42:18] elmorte : j8: 740? [2016-06-16 08:42:28] rapidtrades : j8: right ok, cleared up [2016-06-16 08:42:42] j8 : elmorte: what do you mean by that [2016-06-16 08:46:20] BTCDJS : I'm back. What did I miss? [2016-06-16 08:46:50] j8 : BTCDJS: i made you a picture https://imgur.com/a/Nf5ke [2016-06-16 08:47:28] j8 : rapidtrades can explain it to you [2016-06-16 08:47:42] elmorte : j8: 400 offset from which price? [2016-06-16 08:48:09] elmorte : current spot or current mark at XBUT16 [2016-06-16 08:48:48] elmorte : I thought you and rapid had different starting point therefore the mix-up...but I guess you cleared it all up [2016-06-16 08:48:55] j8 : well the example i did is if you have an equal size short and long, and it's centered around 900 or so [2016-06-16 08:49:45] j8 : you can move the center (the max loss point) by adding more short or long, this changes the risk profile of the curve though [2016-06-16 08:50:19] j8 : theoretically you would use the inverse future as the best estimate of the price on the settlement date [2016-06-16 08:50:25] BTCDJS : j8: dude [2016-06-16 08:51:57] BTCDJS : Im going to have to go to school on this. But ATM the only thing I'm trading is swap. [2016-06-16 08:51:59] jung1 : https://tradeblock.com/markets/okcn/xbt-cny/15m/ 5k [2016-06-16 08:54:42] zanza : u cant really arb XBTU16 since the volume is so low [2016-06-16 08:55:17] j8 : it's about the long term positions, you could take a 400 btc position now if you wanted [2016-06-16 08:55:43] micmix : well we had a guy with 100k long closing couple hours ago [2016-06-16 08:55:49] micmix : on june [2016-06-16 08:56:02] zanza : that 38k is anomaly [2016-06-16 08:56:20] micmix : you can build big positions but closing them fast is a different story [2016-06-16 08:56:26] j8 : it's a liquidation, little over 25k already filled [2016-06-16 08:57:44] zanza : that is actually not a bad deal [2016-06-16 08:57:59] micmix : j8, not sure if you saw but we had 107k liq on june, already cleared [2016-06-16 08:58:59] j8 : sleger had 100k short didn't he [2016-06-16 08:59:10] micmix : yep, that's what he said [2016-06-16 09:00:19] elmorte : arbitrage001: BitX is below USD spot [2016-06-16 09:07:19] rapidtrades : j8: sleger got LIQed? [2016-06-16 09:07:34] rapidtrades : there's another 40k LIQ on sept [2016-06-16 09:07:59] j8 : dunno, but the quantity matches and he left it unattended [2016-06-16 09:08:14] rapidtrades : i doubt he would do that [2016-06-16 09:08:19] j8 : me too [2016-06-16 09:09:22] j8 : but he committed to holding until expiry, and there's no liquidity to close. so at some point it makes sense [2016-06-16 09:10:22] Bacon futures trader : Can u see the % short/long on any exchange? [2016-06-16 09:10:25] rapidtrades : why would u close at $230+ premium [2016-06-16 09:10:49] j8 : talking about june, not sept [2016-06-16 09:11:00] rapidtrades : JUNE [2016-06-16 09:11:07] rapidtrades : DON'T TALK TO ME ABOUT JUNE [2016-06-16 09:11:14] j8 : oh yeah? [2016-06-16 09:24:51] men : buy order are increasing... i think it will go up [2016-06-16 09:25:41] BTCDJS : men: Last leg so be careful [2016-06-16 09:25:53] men : BTCDJS: hello my friend ;) [2016-06-16 09:26:12] BTCDJS : men: hey pal :) [2016-06-16 09:27:14] men : BTCDJS: i'm looking on other exchange, OKC and other .. it seems the order are increasing, but we must be careful [2016-06-16 09:28:01] elmorte : Huob below finex...oh noooo [2016-06-16 09:28:03] BTCDJS : men: yes I expect massive surge up the flash crash down to low 600 [2016-06-16 09:28:24] BTCDJS : but Im speculating [2016-06-16 09:28:37] BTCDJS : the bubble has to pop sometime [2016-06-16 09:28:37] men : uobi can't break 4860, while the other are going up [2016-06-16 09:29:06] elmorte : oh yeah...okc bullish [2016-06-16 09:29:19] men : BTCDJS: i don't know if there will be a crash or a rally :D ... i hope a rally :D [2016-06-16 09:29:27] men : elmorte: yeah so much bullish [2016-06-16 09:30:07] REKT : Liquidated short on `XBJ24H`: Buy 8500 @ 77752.00000 [2016-06-16 09:30:27] BTCDJS : men: just to be careful Im closing my position 810 though it may reach 860 here on bitmex [2016-06-16 09:30:55] men : BTCDJS: yeah yeah i know :D thanks [2016-06-16 09:31:15] BTCDJS : men: yeah yeah you're welcome [2016-06-16 09:32:03] men : BTCDJS: :) [2016-06-16 09:32:34] BTCDJS : :D [2016-06-16 09:33:42] Bacon futures trader : I'm short some. Btccny looks toppish as we manage to hold here. [2016-06-16 09:34:09] Bacon futures trader : Dips still a buy though [2016-06-16 09:35:50] justinlooking : pmsl: https://www.youtube.com/watch?v=7FcwbtAC1R0 [2016-06-16 09:36:32] men : come Huob :P [2016-06-16 09:36:38] men : * come on [2016-06-16 09:38:23] BTCDJS : justinlooking: damn daniel [2016-06-16 09:39:41] Bacon futures trader : Pull the bid [2016-06-16 09:50:16] dharmabum : What do you gentlemen do with your BTC here while you're sleeping, assuming you have no bots? [2016-06-16 09:51:26] kogroken : Set stops, have a position with a very low liq price. [2016-06-16 09:51:30] jung1 : http://exchangewar.info/ bitmex is 18th biggest exchange [2016-06-16 09:51:34] elmorte : Bitmex_Wally bathes in mine [2016-06-16 09:52:18] elmorte : leaves a little deposit every night too...:) [2016-06-16 09:52:25] dharmabum : kogroken: stops on positions? [2016-06-16 09:52:43] dharmabum : elmorte: heh. scrooge mcduck. [2016-06-16 09:52:50] kogroken : yes? [2016-06-16 09:53:37] dharmabum : if holding BTC, one is long. setting stops implies stopping to another currency, no? [2016-06-16 09:54:04] kogroken : I wouldn't place stops to enter positions when I'm sleeping, although I guess that could be made to work, but I'd prefer some more advanced bot in that case that could set up stop losses for the opened positions. [2016-06-16 09:54:38] dharmabum : kogroken: how would you go flat overnight? to USD for example... [2016-06-16 09:55:15] kogroken : dharmabum: If I sleep with a position open, I usually have a stoploss. I'm sleeping with plain BTC all the time :P [2016-06-16 09:55:31] kogroken : I meant stoplosses for leveraged positions. [2016-06-16 09:55:42] dharmabum : kogroken: heh heh. OK yeah, many ppl are at the moment lol. [2016-06-16 09:55:53] dharmabum : kogroken: gotcha. yep [2016-06-16 09:56:25] kogroken : I have found it useful to try to maximize BTC instead of USD. [2016-06-16 09:56:52] dharmabum : kogroken: it is something of a roller-coaster. [2016-06-16 09:57:23] kogroken : (Of course the end goal is to try to maximize value, so if BTC starts to look broken and down I'd go to fiat or elsewhere) [2016-06-16 09:57:51] kogroken : Yeah, volatility is high when we are in bubble territory. [2016-06-16 10:02:39] dharmabum : kogroken: hey, thanks for your thoughts. [2016-06-16 10:03:08] kogroken : you are welcome, for what they are worth. [2016-06-16 10:03:12] dharmabum : kogroken: what if BTC starts to look broken while you sleep :-) [2016-06-16 10:03:46] dharmabum : kogroken: I appreciate peoples' perspectives… [2016-06-16 10:03:56] aethlios : Tim Draper in profit..... [2016-06-16 10:04:13] dharmabum : aethlios: well in the money. [2016-06-16 10:04:36] kogroken : I was thinking of fundamental issues. I'm expecting to have enough time to exit in a day or so, if I keep up with the news (there's always some risk that it will just crash overnight as well thou) [2016-06-16 10:05:23] dharmabum : kogroken: where would you go to fiat? okcoin? [2016-06-16 10:05:43] dharmabum : haha. okcoin < økcøin [2016-06-16 10:06:03] dharmabum : lol. somebody has a sense of humor. [2016-06-16 10:06:36] dharmabum : poloniex [2016-06-16 10:06:37] kogroken : dharmabum: If I want to buy some fiat and transfer it out I'd probably do it at some of the more reputable exchanges. [2016-06-16 10:06:58] kogroken : Oh, it autoconverts okcoin? :P [2016-06-16 10:07:01] dharmabum : kogroken: what about USDT? [2016-06-16 10:07:16] dharmabum : kogroken: yes, autoconverts. wonder what else does? [2016-06-16 10:07:16] elmorte : I don 't get the reference...does woodchipper mean something else as well? [2016-06-16 10:07:37] dharmabum : Fargo? [2016-06-16 10:08:31] kogroken : dharmabum: Is USDT the tether thing? [2016-06-16 10:08:46] kogroken : I guess it could be used for arbitrage. [2016-06-16 10:08:56] dharmabum : kogroken: yes, but I'm wondering where it is best traded. [2016-06-16 10:09:36] dharmabum : poloniex, but liquidity terrible. [2016-06-16 10:09:50] kogroken : Dunno, I don't expect that it has very high liquidity. [2016-06-16 10:12:43] dharmabum : bitfinex a partner but no trading [2016-06-16 10:14:07] dharmabum : kogroken: poloniex offering USDT/BTC @733 :( [2016-06-16 10:14:31] dharmabum : US$3 spread. [2016-06-16 10:17:33] kogroken : I'm comfortable holding BTC, but if you really wanted to keep USD on an exchange then bitfinex is an option [2016-06-16 10:17:58] dharmabum : kogroken: thx! [2016-06-16 10:18:02] dharmabum : goodnight all. [2016-06-16 10:18:21] kogroken : night [2016-06-16 10:26:08] jung1 : protip: tommorow waves will be on bittrex and polo [2016-06-16 10:37:47] wurstgelee : jung1: i bought some yesterday at yobit [2016-06-16 10:37:50] wurstgelee : worth a gamble imo ;) [2016-06-16 10:38:40] elmorte : you bought actual ones or IOUs? [2016-06-16 10:39:00] jung1 : iou [2016-06-16 10:39:04] jung1 : it start tommorow [2016-06-16 10:39:21] elmorte : ahhh...then prob not worth the gamble [2016-06-16 10:39:27] elmorte : I missed out on the ICO [2016-06-16 10:39:57] jung1 : I bought some [2016-06-16 10:40:04] jung1 : https://bitcointalk.org/index.php?topic=1445947.0 [2016-06-16 10:40:50] jung1 : I invested same money in lisk, waves [2016-06-16 10:42:42] elmorte : lucky you... [2016-06-16 10:42:42] jung1 : https://bitcointalk.org/index.php?topic=1477055.0 wings looks promissing also [2016-06-16 10:43:52] elmorte : Wings closed already....I still haven't gotten my money back from The DAO so I'm not keen on any eth tokens [2016-06-16 10:46:39] jung1 : I did not touch dao [2016-06-16 10:46:57] elmorte : you said [2016-06-16 10:47:34] elmorte : I was carried by the lisk momentum :) Plus eth was just sitting there... [2016-06-16 10:48:38] elmorte : is that 1500 eth to run a node thing confirmed yet? [2016-06-16 10:49:10] jung1 : thats the plan [2016-06-16 10:49:18] jung1 : but dont know its official [2016-06-16 10:50:17] jung1 : https://bitcointalk.org/index.php?topic=1512202.0 waves clone. now you have to only make nice graphic, fresh idea and good text to collect money in ico [2016-06-16 10:50:22] futuretrader : how do remove indicators [2016-06-16 10:50:25] jung1 : maybe we will make one? [2016-06-16 10:50:51] jung1 : futuretrader: click on them [2016-06-16 10:51:45] futuretrader : jung1: it just maximizes it [2016-06-16 10:51:58] jung1 : click on name [2016-06-16 10:52:08] jung1 : same as ju turn on them [2016-06-16 10:52:30] jung1 : or click right and 'hide" [2016-06-16 10:52:31] futuretrader : i did it just made more [2016-06-16 10:53:29] jung1 : or click right and 'reset chart' [2016-06-16 10:56:14] futuretrader : not working [2016-06-16 10:56:36] elmorte : is your computer plugged in? [2016-06-16 10:57:34] jung1 : switch monitor [2016-06-16 11:01:01] men : are waves coming to polo today? [2016-06-16 11:01:59] jung1 : tommorow [2016-06-16 11:03:05] jung1 : https://wp.stakepool.com/2016/06/16/waves-is-launching-on-bittrex-poloniex-tomorrow-this-is-what-you-need-to-know-bitcoin-wavesplatform/ [2016-06-16 11:03:21] men : jung1: thank you very much :D [2016-06-16 11:03:37] jung1 : np [2016-06-16 11:03:47] jung1 : 36855 satoshi was ico price per 1 waves [2016-06-16 11:03:53] jung1 : could be fun [2016-06-16 11:13:59] men : jung1: yeah so much funny :D :D [2016-06-16 11:15:07] lockhedge : agreement on EU financial transaction tax reached [2016-06-16 11:15:50] jung1 : tl;dr? [2016-06-16 11:16:01] luckynuke : hey lads [2016-06-16 11:16:12] jung1 : its official [2016-06-16 11:16:22] REKT : Liquidated short on `XBTUSD`: Buy 90000 @ 743.26 **EPIC REKT** :unamused: :confounded: :astonished: [2016-06-16 11:16:30] jung1 : netherlands change their name to etherlands [2016-06-16 11:17:52] REKT : Liquidated short on `XBTUSD`: Buy 1290 @ 744.11 [2016-06-16 11:19:09] laurenssteen : BTCDJS: I want to close my position before funding. Entry price was 742.4 and if I sell at 744, I will profit right? The price on unrealised pnl is based on mark price? [2016-06-16 11:19:16] luckynuke : EPIC rekt ! [2016-06-16 11:19:34] BTCDJS : laurenssteen: yes [2016-06-16 11:19:53] BTCDJS : as long as you exit above the entry price [2016-06-16 11:20:01] BTCDJS : long [2016-06-16 11:20:13] BTCDJS : but do not use close market [2016-06-16 11:20:44] laurenssteen : Just to be sure because i've never closed a position with a lower mark price but a higher sell [2016-06-16 11:22:12] BTCDJS : laurenssteen: if you set a limit order to sell at 748 now. The order will be filled by the order book. by someone moving against you. so anyone in red [2016-06-16 11:22:18] rapidtrades : finally a great month both in forex and crypto [2016-06-16 11:22:31] BTCDJS : laurenssteen: but this is going higher [2016-06-16 11:23:14] rapidtrades : ok it's an good forex month not grrat [2016-06-16 11:24:37] jung1 : rapidtrades: what do you think, how forex will react on brexit? [2016-06-16 11:24:48] rapidtrades : awesome [2016-06-16 11:25:12] rapidtrades : vote is so thin it will have great volatility either way [2016-06-16 11:25:31] jung1 : its 24th of june right? [2016-06-16 11:25:44] rapidtrades : 23rd [2016-06-16 11:25:55] rapidtrades : in 1 week [2016-06-16 11:26:52] REKT : Liquidated short on `XBTUSD`: Buy 3550 @ 747.44 [2016-06-16 11:28:53] REKT : Liquidated short on `XBTUSD`: Buy 100 @ 750.22 [2016-06-16 11:28:53] REKT : Liquidated short on `XBTUSD`: Buy 728 @ 750.14 [2016-06-16 11:29:15] wurstgelee : isnt it bautiful? :D [2016-06-16 11:29:21] REKT : Liquidated short on `XBJ24H`: Buy 3500 @ 78741.00000 [2016-06-16 11:29:21] wurstgelee : *beautiful [2016-06-16 11:29:30] futuretrader : sell side on bitcoin so weak [2016-06-16 11:29:42] jung1 : bitcoin was better at $400 [2016-06-16 11:30:04] BTCDJS : rapidtrades: think we will see 810 in bitmex? Or am I being too optimistic? [2016-06-16 11:30:14] futuretrader : there will be a fall in bitcoin but question is when [2016-06-16 11:30:33] laurenssteen : BTCDJS: don't want to sell right now, but the funding is extremely high [2016-06-16 11:30:40] Blargwaffle : When China's debt crisis is over. [2016-06-16 11:30:59] rapidtrades : June 17th at 14:30 UTC (7:30 PST, 10:30 EST, 22:30 HKT) we will be making infrastructure upgrades that require us to pause all site operations for the duration of the upgrade (~60 minutes). [2016-06-16 11:31:07] ayy_lmao : if i close my position in profit after re- balancing, will i have access to those funds to trade, or do i need to close it before [2016-06-16 11:31:08] rapidtrades : ^^^ they can not be srs [2016-06-16 11:31:21] rapidtrades : finex is the dumbest crypto exchngaes iswear [2016-06-16 11:32:13] BTCDJS : laurenssteen: yeah its a bitch. but IMO this is the last leg up. so Its probably worth it to stick it out [2016-06-16 11:32:25] j8 : yeah, so the index will be half frozen.. that's gonna be brutal [2016-06-16 11:33:29] rapidtrades : no doubt they're gonna rollout some stupid lil change [2016-06-16 11:33:38] Blargwaffle : 火币 [2016-06-16 11:33:40] rapidtrades : that will make their shitty site laaag even more [2016-06-16 11:33:44] rapidtrades : useless cunts [2016-06-16 11:34:19] Blargwaffle : Fire Credits? Burning money... [2016-06-16 11:35:29] rapidtrades : burn those monies!!!!!!!!!!!!!!!!!!!!!!!!!!!! [2016-06-16 11:35:33] rapidtrades : burn emmmmmm [2016-06-16 11:35:51] Blargwaffle : Maybe huobi should be the incinerator. [2016-06-16 11:36:06] rapidtrades : complete site is so laggy its not usable for me right now [2016-06-16 11:36:13] rapidtrades : this always happens whenever there's a move [2016-06-16 11:36:19] rapidtrades : useless f exchange [2016-06-16 11:38:42] laurenssteen : BTCDJS: ok [2016-06-16 11:38:55] billz : dat dip doe [2016-06-16 11:39:09] lockhedge : is there an issue with kaiko (index, mark price is updating very slowly)? @BitMEX [2016-06-16 11:39:29] BTCDJS : daaaaayyyyyyaaaaaam [2016-06-16 11:39:50] billz : regardless of funding rate, might be worth it to buy in here [2016-06-16 11:40:22] REKT : Liquidated long on `XBTUSD`: Sell 30 @ 745.29 [2016-06-16 11:40:27] billz : i'll wait though [2016-06-16 11:40:44] BTCDJS : is this the dump? [2016-06-16 11:40:49] BTCDJS : WTF [2016-06-16 11:41:56] rapidtrades : why is the kaiko index lagging so much [2016-06-16 11:42:14] rapidtrades : move the f down u pos [2016-06-16 11:43:11] rapidtrades : srsly index should be $10 lower why not [2016-06-16 11:43:16] billz : it says 743 on the site too, maybe because okcoin didn't dump [2016-06-16 11:43:23] rapidtrades : 728 [2016-06-16 11:43:48] rapidtrades : finex 728 [2016-06-16 11:43:56] rapidtrades : fix ur stupid index [2016-06-16 11:43:57] billz : oh wait nah [2016-06-16 11:44:04] billz : it's at 737 [2016-06-16 11:44:18] rapidtrades : i was told there's only a 5s lag [2016-06-16 11:44:22] rapidtrades : is this not accurate [2016-06-16 11:44:28] lockhedge : non-frozen index here https://robotfinance.org/bix/beta/ [2016-06-16 11:44:52] rapidtrades : dude i have okc and finex open, i don't need the index to see that smth is wrong [2016-06-16 11:45:10] rapidtrades : support ur index is wrong [2016-06-16 11:45:34] rapidtrades : move the f index and wrecks some longs god damit [2016-06-16 11:45:35] billz : yeah someone hurry and fix this before funding rate kicks in [2016-06-16 11:45:37] laurenssteen : WTF that stupid index [2016-06-16 11:45:40] aethlios : XBT spot doesn't update [2016-06-16 11:46:52] REKT : Liquidated long on `XBTUSD`: Sell 1000 @ 736.24 [2016-06-16 11:46:56] rapidtrades : finally [2016-06-16 11:47:04] BTCDJS : WTF is going on here? [2016-06-16 11:47:06] rapidtrades : only 1k tho [2016-06-16 11:47:09] ayy_lmao : lol [2016-06-16 11:47:16] rapidtrades : BTCDJS: they just updated the index [2016-06-16 11:47:18] donatan : why was is showing wrong market price [2016-06-16 11:47:25] billz : word now it can lag lower lol [2016-06-16 11:47:28] donatan : in open positions and in chart? [2016-06-16 11:47:46] rapidtrades : no clue [2016-06-16 11:47:52] BTCDJS : rapidtrades: ok [2016-06-16 11:50:07] BTCDJS : rapidtrades: so this is an artificial dump? [2016-06-16 11:51:35] rapidtrades : looks like a real dump to me [2016-06-16 11:51:36] rapidtrades : :) [2016-06-16 11:51:43] donatan : bitmex are you here? [2016-06-16 11:51:51] Blargwaffle : The site is still here. [2016-06-16 11:51:53] donatan : anyone ? [2016-06-16 11:51:57] donatan : anyone from bitmex [2016-06-16 11:52:17] BTCDJS : Ah FFS [2016-06-16 11:52:21] laurenssteen : how much is the actual mark price right now? [2016-06-16 11:52:35] BTCDJS : 732 [2016-06-16 11:52:47] rapidtrades : 732 should be accurate [2016-06-16 11:53:00] rapidtrades : it will jump in 8 mins tho due to new fee [2016-06-16 11:53:07] donatan : if I click close at market price will it start taking it from the book or will it close the whole thing by market price? [2016-06-16 11:53:18] rapidtrades : orderbook [2016-06-16 11:53:26] donatan : so the market price is useless [2016-06-16 11:53:34] donatan : and lies [2016-06-16 11:53:38] ayy_lmao : not really [2016-06-16 11:53:39] rapidtrades : the mark price is only there for liquidation [2016-06-16 11:53:59] donatan : i see, but the caprions on the chart, [2016-06-16 11:54:06] donatan : it also is based on marketprice [2016-06-16 11:54:07] rapidtrades : in 7 mins u'll get the mark price ...are u short or long [2016-06-16 11:54:10] donatan : which is not true [2016-06-16 11:54:28] donatan : it says prifit/loss but its not true profit [2016-06-16 11:54:42] rapidtrades : u got that right sparky [2016-06-16 11:54:44] ayy_lmao : well thats with all exchanges [2016-06-16 11:54:47] BTCDJS : laurenssteen: longs with negative pal don't pay funding [2016-06-16 11:54:52] ayy_lmao : there is always slippage [2016-06-16 11:54:52] BTCDJS : PNL [2016-06-16 11:55:01] rapidtrades : BTCDJS: that's not true [2016-06-16 11:55:08] donatan : maybe it is but why wont it calculate based on book [2016-06-16 11:55:11] BTCDJS : rapidtrades: thats what wally told me [2016-06-16 11:55:18] rapidtrades : they don't pay DPE, every long pay the fee [2016-06-16 11:55:31] laurenssteen : BTCDJS: as long you are long you have to pay the funding normally [2016-06-16 11:55:45] Blargwaffle : Every position participates in funding. [2016-06-16 11:55:53] Blargwaffle : Profitable positions participate in DPE. [2016-06-16 11:55:57] BTCDJS : laurenssteen: why did he tell me that? [2016-06-16 11:55:58] BitMEX_Wally : Correct [2016-06-16 11:56:01] ayy_lmao : oh, u will need to use the calculator for your true pnl [2016-06-16 11:56:14] ayy_lmao : still waiting on a accurate pnl feature here [2016-06-16 11:56:16] BitMEX_Wally : https://www.bitmex.com/app/wallet [2016-06-16 11:56:33] BitMEX_Wally : I have added marginBalance and fee (DPE) to the wallet history [2016-06-16 11:56:46] BTCDJS : BitMEX_Wally: people with negative PNL still pay the funding fee? [2016-06-16 11:56:52] rapidtrades : cool tnx @BitMEX_Wally [2016-06-16 11:56:55] BitMEX_Wally : So that pending CashRebalance includes all your PNL minus DPE [2016-06-16 11:57:12] BitMEX_Wally : BTCDJS: Anyone who is long pays a positive funding fee, it is included in the maintenance margin [2016-06-16 11:57:27] BTCDJS : damnit [2016-06-16 11:57:48] BitMEX_Wally : But after funding the price will rise, so you'll get it back as unrealised profit [2016-06-16 11:58:03] laurenssteen : BitMEX_Wally: why is the funding fee that much higher then let's say 15 days ago [2016-06-16 11:58:22] BitMEX_Wally : Because more retail demand going long on the swap [2016-06-16 11:58:30] rapidtrades : they're adding the premium in now @laurenssteen [2016-06-16 11:58:33] BitMEX_Wally : Probably something to do with the price of Bitcoin going up 20% [2016-06-16 11:59:06] laurenssteen : BitMEX_Wally: how is it calculated [2016-06-16 11:59:36] BitMEX_Wally : https://www.bitmex.com/app/swapsGuide#premium-index [2016-06-16 11:59:36] rapidtrades : BitMEX_Wally: i believe ur index is f again [2016-06-16 11:59:56] BitMEX_Wally : rapidtrades: Which index `.XBT`? [2016-06-16 12:00:04] Blargwaffle : It looks ok... [2016-06-16 12:00:09] REKT : Liquidated short on `XBTUSD`: Buy 516586 @ 731.58 **REKTosaurus** :slot_machine: :moneybag: :fire: [2016-06-16 12:00:25] ayy_lmao : l o l [2016-06-16 12:00:43] BitMEX_Wally : That's the same liquidation order [2016-06-16 12:00:47] BitMEX_Wally : It gets resubmitted after the rebalance [2016-06-16 12:00:59] ayy_lmao : yah so how do we fix dpe [2016-06-16 12:01:06] BTCDJS : WTF? [2016-06-16 12:01:16] rapidtrades : prices go down, only way to fix dpe [2016-06-16 12:01:19] ayy_lmao : oh price moved fast [2016-06-16 12:01:23] ayy_lmao : i see it [2016-06-16 12:01:26] BTCDJS : thats an expensive funding fee [2016-06-16 12:01:31] Blargwaffle : DPE should fix itself over time. [2016-06-16 12:01:38] Blargwaffle : Unless there's some sharp spot movement. [2016-06-16 12:02:01] BitMEX_Wally : Rebalance brings the liquidation order up to the spot price [2016-06-16 12:02:50] ayy_lmao : k [2016-06-16 12:04:17] bdo : dunno [2016-06-16 12:04:28] BTCDJS : laurenssteen: were you badly affected? [2016-06-16 12:04:39] bdo : but luckily we get long before that was triggered [2016-06-16 12:05:07] BitMEX_Wally : There was no DPE [2016-06-16 12:05:17] bdo : wrong chat [2016-06-16 12:05:37] laurenssteen : BTCDJS: had a pos of 50k so yup [2016-06-16 12:05:43] ayy_lmao : lol [2016-06-16 12:06:02] BTCDJS : laurenssteen: That stupid little dump [2016-06-16 12:06:38] BTCDJS : Im still holding. [2016-06-16 12:07:07] laurenssteen : BTCDJS: me2 [2016-06-16 12:07:19] BTCDJS : laurenssteen: fingers crossed [2016-06-16 12:08:11] yerb : who sold into the wall? [2016-06-16 12:08:31] laurenssteen : no way I'm paying that next f fund [2016-06-16 12:08:37] ayy_lmao : gat damn [2016-06-16 12:08:39] rapidtrades : ppl with money @yerb [2016-06-16 12:08:40] ayy_lmao : 0.8 [2016-06-16 12:10:22] BTCDJS : all or nothing 800 [2016-06-16 12:10:29] Mr Blue : Any guestimates for today?? 755 or 705?? [2016-06-16 12:10:56] Bacon futures trader : 5000 cny is the sweetspot [2016-06-16 12:11:07] rapidtrades : we never got there tho [2016-06-16 12:11:09] rapidtrades : 4950 [2016-06-16 12:11:17] Bacon futures trader : not yet [2016-06-16 12:11:32] rapidtrades : its possible that we dont get there :) [2016-06-16 12:11:39] Bacon futures trader : That is correct [2016-06-16 12:11:52] Bacon futures trader : But trend is still up so plan on buying the dip [2016-06-16 12:11:53] rapidtrades : tnx ur validation means smth to me