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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[2016-06-16 13:59:39] Mr Blue : Lol
[2016-06-16 14:01:32] elmorte : zanza: socialist!
[2016-06-16 14:39:07] NukeLaloosh : BitMEX_Wally: the next funding rate is .8204% or .8326%?
[2016-06-16 14:47:16] BitMEX_Wally : https://www.bitmex.com/app/contract/XBTUSD
[2016-06-16 14:47:24] BitMEX_Wally : `Funding Rate 0.8204%`
[2016-06-16 14:48:58] BitMEX_Wally : The funding rate increase is capped at 0.375% so it could not be 0.8326%
[2016-06-16 14:49:18] NukeLaloosh : ah, that was my question. thanks
[2016-06-16 14:52:57] NukeLaloosh : Mark Price = Spot Price * (1 + Funding Basis)––using 742.19 for spot and 5 hrs to go, I get 746.15 for mark price
[2016-06-16 14:53:14] NukeLaloosh : mark is showing 742.45
[2016-06-16 14:58:06] BitMEX_Wally : `738.77*1+0.008204*5/8 = 742.56`
[2016-06-16 14:59:02] NukeLaloosh : i pulled spot from https://www.kaiko.com/
[2016-06-16 14:59:25] BitMEX_Wally : http://kaiko.com/bitmex
[2016-06-16 15:00:56] BitMEX_Wally : We publish `XBT Spot` in the ticker bar and under the Contract Details widget
[2016-06-16 15:01:12] BitMEX_Wally : Currently showing ` 738.42 / 742.19 `
[2016-06-16 15:01:45] rapidtrades : another sharp reversal in usd/cnh back over 6.60
[2016-06-16 15:02:17] Blargwaffle : US finally caught up.
[2016-06-16 15:02:18] NukeLaloosh : yeah, that's about $4 difference. thanks
[2016-06-16 15:02:36] rapidtrades : its mayhem out there folks
[2016-06-16 15:02:46] rapidtrades : bears are out hunting and they take no prisoners :)
[2016-06-16 15:03:07] luckynuke : next run to 5000cny
[2016-06-16 15:04:04] luckynuke : bulls are heavy armed
[2016-06-16 15:04:04] rapidtrades : stocks down, oil down, yen dollar up
[2016-06-16 15:04:11] rapidtrades : smells like 2008
[2016-06-16 15:04:49] luckynuke : trump says the next crash is comming this year
[2016-06-16 15:05:08] rapidtrades : yeah he's gonna cause it
[2016-06-16 15:05:24] Blargwaffle : Hah, Trump can't even say coming right.
[2016-06-16 15:05:33] luckynuke : can´t stump the trump
[2016-06-16 15:05:52] rapidtrades : Trump: My crash will be YUUUUUGE!
[2016-06-16 15:06:00] luckynuke : lol
[2016-06-16 15:06:04] luckynuke : rapid where are you from
[2016-06-16 15:06:09] BTCDJS : luckynuke: trumps a douchebag
[2016-06-16 15:06:21] rapidtrades : Judea, u?
[2016-06-16 15:06:26] luckynuke : germany
[2016-06-16 15:06:34] rapidtrades : cool
[2016-06-16 15:07:32] BTCDJS : rapidtrades: you're not from judea
[2016-06-16 15:07:54] luckynuke : of course he isn´t
[2016-06-16 15:08:17] BTCDJS : he is from the north east of england
[2016-06-16 15:08:28] luckynuke : hah gaaay
[2016-06-16 15:09:04] BTCDJS : luckynuke: your name is gay
[2016-06-16 15:09:21] luckynuke : says the one with the condom in his ass
[2016-06-16 15:09:50] BTCDJS : luckynuke: im not gay. My boyfriend is
[2016-06-16 15:10:05] luckynuke : i knew it
[2016-06-16 15:10:15] luckynuke : rapidtrades is your boyfriend right ?
[2016-06-16 15:10:33] BTCDJS : luckynuke: no he is my homo
[2016-06-16 15:10:38] BTCDJS : I mean homie
[2016-06-16 15:10:43] luckynuke : haha
[2016-06-16 15:10:46] BTCDJS : lol
[2016-06-16 15:21:32] luckynuke : china at 750$
[2016-06-16 15:21:38] BTCDJS : luckynuke: you ever stick a finger up your sheriffs badge while you're spanking the monkey?
[2016-06-16 15:21:56] BTCDJS : you can tell me
[2016-06-16 15:22:04] BTCDJS : Ill keep it secret
[2016-06-16 15:22:18] migz : triple green on huobi chart 12hr
[2016-06-16 15:22:18] luckynuke : what is a sheriffs badge ?
[2016-06-16 15:22:29] migz : huobi* lels
[2016-06-16 15:22:42] luckynuke : huobi
[2016-06-16 15:23:24] BTCDJS : luckynuke: take your pants off and point your bayside to mirror and widen you but cheeks. Tell me that doesn't look like a sheriffs badge
[2016-06-16 15:23:32] sizzurp : shoulda been on that drop dammit
[2016-06-16 15:23:38] BTCDJS : luckynuke: ill wait
[2016-06-16 15:23:59] luckynuke : BTCDJS: don´t know what a sheriffsbadge is
[2016-06-16 15:24:09] luckynuke : and i think i dont want to know that
[2016-06-16 15:25:14] BTCDJS : luckynuke: i think you already know. Its where your farts come out from
[2016-06-16 15:25:24] luckynuke : ah ok
[2016-06-16 15:25:36] luckynuke : the vanillafarts hm
[2016-06-16 15:28:09] sizzurp : crossing fingers for more drops
[2016-06-16 15:28:40] luckynuke : pump to 5000cny then dump
[2016-06-16 15:30:11] rapidtrades : did smone say pump
[2016-06-16 15:30:19] luckynuke : PUMP IT
[2016-06-16 15:30:37] luckynuke : nobody said pump
[2016-06-16 15:31:26] j8 : now three people said pump
[2016-06-16 15:31:28] j8 : i mean four
[2016-06-16 15:31:56] BTCDJS : no-one here said pump
[2016-06-16 15:32:39] rapidtrades : 5
[2016-06-16 15:32:43] luckynuke : who said pump ?
[2016-06-16 15:32:58] BTCDJS : you
[2016-06-16 15:33:03] luckynuke : noo
[2016-06-16 15:33:21] BTCDJS : 16:28 - luckynuke: pump to 5000cny then
[2016-06-16 15:33:31] BTCDJS : must be someone else then
[2016-06-16 15:33:50] Mr Blue : Nice drop just the p, I've been making good money shorting today, though I don't normally recommend it lol
[2016-06-16 15:34:24] rapidtrades : wtf..where's my premium
[2016-06-16 15:34:34] BTCDJS : I'm going to fomo short on the actual dump
[2016-06-16 15:34:56] BTCDJS : pooof gone
[2016-06-16 15:35:39] luckynuke : BTCDJS: that wasnt me
[2016-06-16 15:35:50] luckynuke : dumper get rek
[2016-06-16 15:36:02] rapidtrades : not worth it to take profit with 0.8% fee coming
[2016-06-16 15:36:38] BTCDJS : damn the rent is too high
[2016-06-16 15:37:01] BTCDJS : dont longs pay the fee?
[2016-06-16 15:37:13] rapidtrades : next one will be 0.8 again
[2016-06-16 15:37:26] rapidtrades : BTCDJS: yea im s
[2016-06-16 15:37:26] zanza : someone ate that XBTU16 ?
[2016-06-16 15:37:35] CaptainDean : long pay, short get the fees (part of it)
[2016-06-16 15:37:43] BTCDJS : boom
[2016-06-16 15:37:48] rapidtrades : short get all of it
[2016-06-16 15:37:49] j8 : zanza: only part, it's still there at 957.73
[2016-06-16 15:38:01] CaptainDean : ok thanks you rapidtrades
[2016-06-16 15:38:02] zanza : oh, its hidden
[2016-06-16 15:38:07] BTCDJS : well when the right time comes. Im shorting
[2016-06-16 15:39:03] rapidtrades : at current prices, 0.8% is $6 discount
[2016-06-16 15:39:10] rapidtrades : better start dumping longers
[2016-06-16 15:40:12] CaptainDean : it's only in 4 hours ?
[2016-06-16 15:40:16] j8 : no, it's $6 premium in the mark price
[2016-06-16 15:40:49] rapidtrades : CaptainDean: yes
[2016-06-16 15:41:23] j8 : if the rate is staying the same it should trade at the spot price at funding time
[2016-06-16 15:41:38] rapidtrades : j8 plz
[2016-06-16 15:41:46] rapidtrades : keep ur crazy math to urself
[2016-06-16 15:42:01] j8 : discount is when the rate is decreasing
[2016-06-16 15:42:09] rapidtrades : omfg
[2016-06-16 15:42:22] rapidtrades : guys give me a gun
[2016-06-16 15:42:33] rapidtrades : have to end my misery
[2016-06-16 15:42:43] j8 : i could go on...
[2016-06-16 15:43:01] rapidtrades : no need
[2016-06-16 15:44:12] Mr Blue : rapidtrades: if it helps I'm now going long till 750
[2016-06-16 15:45:07] gustavo7 : ATH was >800 <1200 in a matter of three days, can it happen again?
[2016-06-16 15:45:15] rapidtrades : doesn't matter to me, i'll either get it as price gain or fee
[2016-06-16 15:45:23] rapidtrades : gustavo7: yes
[2016-06-16 15:45:31] Mr Blue : Only one exchange holding spot back here and that's okc so good time to by maybe
[2016-06-16 15:45:34] rapidtrades : not likely but it can sure
[2016-06-16 15:47:38] gustavo7 : long term screams short but there should be the one long candle to mark the top
[2016-06-16 15:48:46] BTCDJS : gustavo7: some might say we past the top at 715 Finex
[2016-06-16 15:49:26] QuantFocus : The fundamentals for this rally are incredibly different from 2013
[2016-06-16 15:49:39] gustavo7 : BTCDJS: you mean the top we just topped? nah way to clear higher high
[2016-06-16 15:50:04] gustavo7 : how many more BTC are in existence since then
[2016-06-16 15:50:49] BTCDJS : we can just raise the celling the way they do with debt
[2016-06-16 15:51:01] QuantFocus : Quite a few. But...we're about to get the inflation reduction, plus significantly higher demand
[2016-06-16 15:51:39] QuantFocus : and a global macro environment, that for some crazy reason, is pushing assets into BTC as 'safe haven'
[2016-06-16 15:52:56] BTCDJS : QuantFocus: thats sounds weird to me. To think people are actually putting their money into this volatile thing as a safe haven
[2016-06-16 15:52:58] QuantFocus : A few extra billion would create a massive rally. Meanwhile, projections for trillions in capital looking for an outlet are out there
[2016-06-16 15:53:44] QuantFocus : BTCDJS: it's counterintuitive, i agree
[2016-06-16 15:54:05] gustavo7 : safe haven lol, i did that when the euro tanked but then i needed money at the worst time, even gold would've been better
[2016-06-16 15:54:13] BTCDJS : its crazy. but it just might work
[2016-06-16 15:54:16] QuantFocus : BTCDJS: however, corruption and uncertainty in currency controls (i.e. yuan), just might make btc more secure
[2016-06-16 15:54:48] BTCDJS : gustavo7: but you are one person
[2016-06-16 15:55:05] Mr Blue : gustavo7: how come? Not hard to cash out to your bank for free via services like circle.com
[2016-06-16 15:55:44] Mr Blue : Or get a Bitcoin bank card... hold money in Bitcoin and it only converts as you withdraw from the bank machine
[2016-06-16 15:55:48] gustavo7 : Mr Blue: i was able to cash out, just not at a good price ;)
[2016-06-16 15:56:06] Mr Blue : gustavo7: ahh my mistake mate sorry
[2016-06-16 15:56:18] QuantFocus : We still have grexit and brexit concerns as well
[2016-06-16 15:56:32] QuantFocus : Potentially huge destablizers in fiat
[2016-06-16 15:56:33] BTCDJS : nah
[2016-06-16 15:57:26] BinaryResult : how is realized PNL calculated?
[2016-06-16 15:57:53] luckynuke : mooooon
[2016-06-16 16:00:23] aethlios : brexit, then grexit, then collapse of italian banking system and italy exots euro, then germany announces the deutsche mark zone with strong north european countries.
[2016-06-16 16:01:37] REKT : Liquidated long on `XBTUSD`: Sell 4792 @ 739.48
[2016-06-16 16:03:40] Mr Blue : How lol
[2016-06-16 16:04:52] gustavo7 : i always lol at this chart: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/06/13/20160616_brexit2.png
[2016-06-16 16:04:57] QuantFocus : Yea. does not compute
[2016-06-16 16:05:37] Mr Blue : What did guy that just got REKT do, go long at the top x50?
[2016-06-16 16:06:04] tscha : I'm hoping for a brexit
[2016-06-16 16:07:04] QuantFocus : Mr Blue: had to. high was 755
[2016-06-16 16:07:12] QuantFocus : Mr Blue: 2.2% decline
[2016-06-16 16:07:52] Mr Blue : QuantFocus: some people crack me up lol
[2016-06-16 16:08:30] QuantFocus : Leverage: it's a privilege, not a right.
[2016-06-16 16:11:51] luckynuke : puuump
[2016-06-16 16:11:51] luckynuke : https://pbs.twimg.com/media/ClFbJlfUoAAwN2s.jpg:large
[2016-06-16 16:21:33] fes1974 : when i place an order long for 1000 usd and i select 50x leverage, the order value dont change at all why is that ?
[2016-06-16 16:22:07] sq : @luckynuke whats that
[2016-06-16 16:22:43] BitMEX_Wally : fes1974: 1000 USD is still 1000 USD whether you put down 20 USD or 50 USD as margin
[2016-06-16 16:23:05] BitMEX_Wally : Leverage changes the 'Cost' i.e. the amount of margin required
[2016-06-16 16:23:14] fes1974 : BitMEX_Wally: so how do i see the value when placing 50x ?
[2016-06-16 16:23:41] fes1974 : i thought i would get 50x buy amount..
[2016-06-16 16:24:05] BitMEX_Wally : Underneath the Buy and Sell buttons
[2016-06-16 16:24:39] fes1974 : there is no change
[2016-06-16 16:24:52] fes1974 : selecting 0x or 50x
[2016-06-16 16:25:28] BitMEX_Wally : 0x (or Cross) means the position is opened at 50x but your whole margin balance is used to fund it
[2016-06-16 16:25:38] BitMEX_Wally : Try 1x and 50x to see the difference
[2016-06-16 16:26:37] fes1974 : BitMEX_Wally: the cost decreases
[2016-06-16 16:26:56] BitMEX_Wally : Correct, that's leverage
[2016-06-16 16:27:16] fes1974 : i have tried it several times but i cant seem to see any difference when selling with profit
[2016-06-16 16:27:31] fes1974 : with or without leverage
[2016-06-16 16:27:34] BitMEX_Wally : A 1000 USD position is a 1000 USD position at any leverage
[2016-06-16 16:27:37] justinlooking : the leverage setting doesn't change your position size...
[2016-06-16 16:27:45] fes1974 : im obviously missing something here
[2016-06-16 16:27:53] fes1974 : oh ?
[2016-06-16 16:27:53] justinlooking : it change the amount of margin assigned to a position
[2016-06-16 16:28:12] fes1974 : so what does that mean then ?
[2016-06-16 16:28:13] BitMEX_Wally : 1000 USD position at 750 USD is worth 1.3333 XBT. At 1x you need 1.3333 XBT of available funds in your account. At 10x you need 0.1333 XBT in your accout
[2016-06-16 16:28:56] BitMEX_Wally : So if you use 50x that means you can open a position 50x bigger than your available margin, but you have to use a bigger quantity
[2016-06-16 16:29:14] fes1974 : so it doesent rise the order value size but rather how much money i shell out for a order ?
[2016-06-16 16:30:08] fes1974 : i guess im confused since poloniex use an another type of leverage
[2016-06-16 16:30:14] rapidtrades : a premium? rlly fellas
[2016-06-16 16:30:53] BitMEX_Sam : fes1974: Right - you're not choosing how much you want to spend, but how big of a position you want to open
[2016-06-16 16:30:55] BitMEX_Wally : fes1974: Decide how big a position you want, and then use the leverage selector to change how much margin you want to risk. It will change your liquidation price
[2016-06-16 16:31:02] Mr Blue : fes1974: it lowers the amount in Bitcoin you pay per $1 contact but buggers your risk, did you notice where it says a liquidation price?? That's based on spot and needs watching closely if risking x50 as you get liquidated much easier than using x10
[2016-06-16 16:31:45] BTCDJS : looks like its alive still
[2016-06-16 16:31:46] Mr Blue : But increases your risk, however the reward is also increased
[2016-06-16 16:32:50] fes1974 : ill think ill sticvk with cross then
[2016-06-16 16:33:04] fes1974 : much safer and i still make money
[2016-06-16 16:33:50] rapidtrades : http://news.forexlive.com/!/brexit-campaigns-suspended-for-the-day-after-mp-shot-20160616
[2016-06-16 16:35:14] Mr Blue : fes1974: hmm I use x10 or x25 when feeling lucky, cross seems to increase buying power massively, but I'm noob so don't trust the risk involved with that one yet.
[2016-06-16 16:36:33] fes1974 : Mr Blue: so what is the direct reward for me using forexample 10x then contra a cross order
[2016-06-16 16:36:47] fes1974 : if the price increase ona long order that is
[2016-06-16 16:37:42] Mr Blue : fes1974: no idea mate, but I make money lol, why change tactic, as I said not played with cross much yet so can't help you out with info
[2016-06-16 16:38:01] fes1974 : ok
[2016-06-16 16:39:23] fes1974 : i thought that 10x leverage would make me place an order 10x times in value like in plus500 and so on
[2016-06-16 16:39:56] fes1974 : so a 1000 dollar order would be 10000
[2016-06-16 16:40:31] lockhedge : Mr Blue: imho 99% of the traders are better off using cross. isolated margin only increases the risk of being liquidated and has no advantages if you are not trading multiple instruments
[2016-06-16 16:40:47] Mr Blue : fes1974: no it gives you x10 the amount of money to play with, but comes with a liquidation price where you could lose all if you don't buy more or sell at a loss
[2016-06-16 16:42:20] fes1974 : Mr Blue: the liqidation parts i understand. i just cant see where the 10x profit kicks in on a long order price rise
[2016-06-16 16:42:48] fes1974 : 10x times the money in should gove 10x times the profit if price rises
[2016-06-16 16:42:54] Mr Blue : lockhedge: I'll take your word on that one mate, but I'd rather have one position get liquidated, then all of them because of one bad trade an no margin left, but I already admitted I'm noob when It comes to cross, so I'll take your word sir
[2016-06-16 16:43:07] Mr Blue : fes1974: yep ?
[2016-06-16 16:45:25] rapidtrades : massive risk reversal going on right now
[2016-06-16 16:46:09] rapidtrades : cable erased all losses today
[2016-06-16 16:48:29] QuantFocus : fes1974: it's only 10x if you buy/sell 10x more of the underlying
[2016-06-16 16:48:29] tscha : justinlooking: BitMEX_Wally - you are both British, what's your opinion on the Brexit?
[2016-06-16 16:48:47] lockhedge : Mr Blue: every time you use isolated margin instead of a stop loss order you'll lose your maintenance margin to the insurance fund
[2016-06-16 16:49:28] QuantFocus : fes1974: i.e. if you have 1XBT on margin, and go 1x, then you have a $740 position. if you go 10x, you have a 10XBT position worth $7400. Therefore, your gains are based on 7400 instead of 740
[2016-06-16 16:50:04] QuantFocus : But as others have said, you can lose your entire margin balance quicker (10% move instead of 100%), by going 10x leverage
[2016-06-16 16:50:49] QuantFocus : Actually, less than 10% move, as the maintenance margin is not 0
[2016-06-16 16:51:26] Blargwaffle : Brexit is dead as that MP.
[2016-06-16 16:51:36] QuantFocus : Blargwaffle: That's messed up.
[2016-06-16 16:51:43] Blargwaffle : Struth.
[2016-06-16 16:52:23] fes1974 : QuantFocus: yeah i understand, but i cant see that anywhere when placing an order that its worth 10x more. the unrealised PNL dont show a 10x reward if it goes up in price on a long order. i cant see the difference
[2016-06-16 16:52:36] QuantFocus : fes1974: Last point...to use 10x leverage, you actually have to open a position 10x your margin balance. you can't adjust it with the margin slider
[2016-06-16 16:53:00] fes1974 : QuantFocus: ok
[2016-06-16 16:54:32] podizzle3k : i like when the goin gets tough on factom the MM bot just bounces the fuck out
[2016-06-16 16:56:07] Mr.Coins : is there a way to switch to cross margin mode?
[2016-06-16 16:56:27] fes1974 : i placed an order 10x leverage xbt long from 738 @ 1000 usd. lets see how that goes
[2016-06-16 16:57:03] elmorte : lockhedge: thank you, finally some love for the cross margin
[2016-06-16 16:59:37] fes1974 : Mr.Coins: just place the slider all the way to left
[2016-06-16 16:59:44] fes1974 : before making an order
[2016-06-16 17:00:33] j8 : man, okc is f'd. quarterly premium is capped now
[2016-06-16 17:00:36] elmorte : You can do it afterwards as well
[2016-06-16 17:01:13] elmorte : j8: is that a new development?
[2016-06-16 17:01:25] j8 : just today
[2016-06-16 17:01:26] justinlooking : tscha: I'm voting leave, but i'm very confident the result will be remain
[2016-06-16 17:01:42] Mr.Coins : fes1974: thank you :)
[2016-06-16 17:02:01] elmorte : j8: got link?
[2016-06-16 17:02:08] j8 : it got up to 15% premium earlier, now there's a limit of around $65
[2016-06-16 17:02:35] j8 : i'm logged in now and i can't buy at 813
[2016-06-16 17:02:55] elmorte : No announcement?
[2016-06-16 17:03:55] j8 : heres some people talking about it on reddit https://www.reddit.com/r/BitcoinMarkets/comments/4obib5/daily_discussion_thursday_june_16_2016/d4bo2rn
[2016-06-16 17:04:43] j8 : i dunno, i was trading it all day and no one told me. there was nothing on the page, it just started rejecting orders and i was confused
[2016-06-16 17:06:17] elmorte : Whoa...
[2016-06-16 17:06:46] Guest64838 : ?join elmorte
[2016-06-16 17:06:59] j8 : so right now there's some big bid walls that people can close into, but no one can bid in front of
[2016-06-16 17:09:15] Elmorte-irc : Someone here looking for me?
[2016-06-16 17:09:31] rapidtrades : they can not be srs
[2016-06-16 17:10:06] j8 : yeah i'm baffled
[2016-06-16 17:10:20] rapidtrades : thats one of the scammiest things i've heard of
[2016-06-16 17:10:31] rapidtrades : so they have a wested interest in keeping prices low
[2016-06-16 17:10:37] rapidtrades : prolly short themselves
[2016-06-16 17:10:50] j8 : i have no idea why they care if it's volatile
[2016-06-16 17:10:53] elmorte : Certainly appears that way...
[2016-06-16 17:10:57] j8 : i thought it was supposed to be fomo central
[2016-06-16 17:11:21] tscha : so sleger will leave okcoin too I guess :)
[2016-06-16 17:11:46] elmorte : He's gonna start his own exchange
[2016-06-16 17:12:44] j8 : market doesn't know what to do when they can't buy up the quarterly
[2016-06-16 17:13:12] Elmorte-irc : /query NukeL
[2016-06-16 17:14:46] rapidtrades : j8: buy finex
[2016-06-16 17:15:05] Blargwaffle : Wonder if...
[2016-06-16 17:15:06] Blargwaffle :
DCC SEND animu.avi 2130706433 1024 1024

[2016-06-16 17:15:20] Blargwaffle : Or, were those characters stripped? :P
[2016-06-16 17:15:30] Blargwaffle : I should probably go there on my IRC client...
[2016-06-16 17:15:31] podizzle3k : nice try elmorte
[2016-06-16 17:15:48] podizzle3k : sleger raining crocodile tears right now
[2016-06-16 17:15:50] Blargwaffle :
DCC SEND animu.avi 2130706433 1024 1024

[2016-06-16 17:15:54] podizzle3k : lol
[2016-06-16 17:15:56] Adura : Naw, doesn't work.
[2016-06-16 17:16:07] podizzle3k : what is this porno trading chat now
[2016-06-16 17:16:14] Adura : You know it. ;)
[2016-06-16 17:16:34] podizzle3k : sleger throwing a tantrum lets see how okcoin repsonds to his concerns wuahhaha
[2016-06-16 17:16:42] Adura : huobi
[2016-06-16 17:16:48] QuantFocus : podizzle3k: ??
[2016-06-16 17:16:50] Blargwaffle : Just text, gotcha.
[2016-06-16 17:17:05] podizzle3k : QuantFocus: apparently okcoin has put a cap on quarterly price
[2016-06-16 17:17:16] QuantFocus : What's the woodchipper?
[2016-06-16 17:17:31] markimarki : i'm curios that how the mark price calculated can you tell me?
[2016-06-16 17:17:58] QuantFocus : markimarki: you can check out all contract details with the links above
[2016-06-16 17:18:06] QuantFocus : really useful resource
[2016-06-16 17:18:15] markimarki : thanks
[2016-06-16 17:18:42] QuantFocus : markimarki: it's just a little complicated to try to explain over cht
[2016-06-16 17:22:24] BitMEX_Wally : The mark price is the Kaiko BitMEX index plus the funding rate 0.8204% proportional to the time left in the funding period: https://www.kaiko.com/bitmex
[2016-06-16 17:23:37] rapidtrades : i requested withdrawal from okc and got a 'verifying screen'
[2016-06-16 17:23:43] rapidtrades : what a f scam man
[2016-06-16 17:23:52] REKT : Liquidated short on `XBTUSD`: Buy 1500 @ 749.59
[2016-06-16 17:23:53] rapidtrades : now i have to wait for hrs to be contacted
[2016-06-16 17:23:58] rapidtrades : scammy cunty site
[2016-06-16 17:24:08] 1QaZxSw2 : whats verifying screen? is it kyc?
[2016-06-16 17:24:17] rapidtrades : no the other shit
[2016-06-16 17:24:23] rapidtrades : we'll call u blabla
[2016-06-16 17:24:27] rapidtrades : they never call btw
[2016-06-16 17:24:51] 1QaZxSw2 : i see, they are running out of hotwallet
[2016-06-16 17:25:02] justinlooking : request alreasdy in
[2016-06-16 17:25:08] 1QaZxSw2 : that's bullshit man.... bitmex never does that, am i right?
[2016-06-16 17:25:16] rapidtrades : u got the verifying too or just me? @justinlooking
[2016-06-16 17:25:19] justinlooking : they better if there was a run
[2016-06-16 17:25:31] REKT : Liquidated short on `XBTU16`: Buy 1180 @ 993.30
[2016-06-16 17:25:32] BitMEX_Wally : Wedin't have a hot wallet, and we make you wait until 13:00 UTC each day
[2016-06-16 17:25:39] 1QaZxSw2 : i think okc may be running a fractional reserve
[2016-06-16 17:25:52] justinlooking : orly skills
[2016-06-16 17:26:13] 1QaZxSw2 : BitMEX_Wally: i meant, if i request a withdrawal, you never need to "call me back" right? it gets processed at 13:00
[2016-06-16 17:26:30] 1QaZxSw2 : no withdrawal has been refused, right?
[2016-06-16 17:26:33] BitMEX_Wally : 1QaZxSw2: Correct. You just have to verify by clicking the link in the email
[2016-06-16 17:26:43] BitMEX_Wally : Never
[2016-06-16 17:26:59] Blargwaffle : Try to withdraw more than you have.
[2016-06-16 17:27:06] Blargwaffle : They don't refuse!
[2016-06-16 17:27:13] 1QaZxSw2 : BitMEX_Wally: thats the sign of an honest exchange. i dont trust okc or any site that needs to scamper around to find bitcoins to return
[2016-06-16 17:27:53] BitMEX_Wally : We've had accounts without 2FA that had suspicious withdrawals from a different IP, and so we did some checks
[2016-06-16 17:28:23] Blargwaffle : Yeah lost some like that on icbit once but they refunded me.
[2016-06-16 17:28:35] Blargwaffle : Wasn't a lot of BTC though.
[2016-06-16 17:29:33] 1QaZxSw2 : imagining depositing 100BTC (like some big traders do), making some neat profit and the exchange says f___ you when you try to withdraw
[2016-06-16 17:30:15] 1QaZxSw2 : this is the kind of behavior that makes users cry and run to govt and attract regulation
[2016-06-16 17:31:15] rapidtrades : i have both 2fa and email confirmation enabled btw
[2016-06-16 17:31:53] 1QaZxSw2 : well okc has the volume and bitmex has the UI. not too many options for trading derivatives
[2016-06-16 17:32:07] 1QaZxSw2 : i guess we could trade spot on margin at finex
[2016-06-16 17:33:31] 1QaZxSw2 : but basically exchanges need to not screw with users or you can expect regulatory pressure, esp as the exchanges grow bigger
[2016-06-16 17:33:44] fes1974 : BitMEX_Wally: my unrealised pnl on a long order (10x) has now gone green. will the settlement be 10x more than what i see on the unrealised pnl when i close the order ?
[2016-06-16 17:33:51] 1QaZxSw2 : i guess in china they payoff the regulators
[2016-06-16 17:34:01] wurstgelee : fes1974: nope
[2016-06-16 17:34:06] wurstgelee : exactly what u see @ upnl
[2016-06-16 17:34:26] fes1974 : wurstgelee: ok
[2016-06-16 17:35:08] wurstgelee : leverage doesnt change your profit. profit depends on the price where and how any contracts u bought
[2016-06-16 17:35:11] wurstgelee : thats it
[2016-06-16 17:35:31] wurstgelee : and where u sell ofc (or mark price @ settlement time)
[2016-06-16 17:36:15] fes1974 : wurstgelee: as an another guy suggested here. i might just stick with cross margin then
[2016-06-16 17:37:52] sizzurp : just started profiting at 742
[2016-06-16 17:40:16] mrp1nk : wow, i come back and see that the mark price and the book price is almost aligned. nice!
[2016-06-16 17:40:36] mrp1nk : #makebitmextradableagain
[2016-06-16 17:43:04] sizzurp : up or down>
[2016-06-16 17:43:05] sizzurp : ?
[2016-06-16 17:44:52] mrp1nk : hard to tell if double top or new highs
[2016-06-16 17:44:56] mrp1nk : i guess new highs
[2016-06-16 17:45:19] sizzurp : looks like were going up
[2016-06-16 17:46:03] sizzurp : to bad im broke
[2016-06-16 17:46:51] fes1974 : bitmex should make a xbt lending system here between traders
[2016-06-16 17:48:19] sizzurp : for real
[2016-06-16 17:48:19] Bacon futures trader : Lol, so we van go broke even faster
[2016-06-16 17:48:24] sizzurp : atleast for the good ones
[2016-06-16 17:48:39] 1QaZxSw2 : fes1974: so many product suggestions here, bitmex does not have the resources to implement all of them
[2016-06-16 17:49:24] fes1974 : ii thought arthur was a rich savy guy from wall street with good connections and investors :)
[2016-06-16 17:50:22] 1QaZxSw2 : fes1974: everything is right except investors
[2016-06-16 17:56:07] rapidtrades : that okc f*ck up explains why premiums crashed yday
[2016-06-16 17:56:12] rapidtrades : i knew it felt wrong
[2016-06-16 17:56:17] rapidtrades : those cokcsuckers
[2016-06-16 17:56:34] Blargwaffle : They can go 清昌创叮咚 themselves!
[2016-06-16 17:57:02] QuantFocus : That DPE on XBTU is getting pretty heavy
[2016-06-16 17:57:31] Blargwaffle : Plenty of time to figure itself out.
[2016-06-16 17:57:51] rapidtrades : what will happen with DPE on sept? will they bring it up to mark price or what
[2016-06-16 17:58:16] j8 : yeah
[2016-06-16 17:58:26] QuantFocus : Blargwaffle: does DPE adjustment get incorporated on weekly marking, or just in sept?
[2016-06-16 17:58:52] Blargwaffle : I'm not entirely sure, there shouldn't be any reason to until settlement.
[2016-06-16 17:59:05] j8 : it rebalances weekly
[2016-06-16 17:59:07] rapidtrades : its weekly plebs
[2016-06-16 17:59:19] QuantFocus : Which is tomorrow...
[2016-06-16 17:59:22] j8 : so that you get unrealised pnl without waiting six months
[2016-06-16 17:59:50] rapidtrades : QuantFocus: <<<< this guy, a scholar of time
[2016-06-16 18:00:09] QuantFocus : Indeed. Thank you for acknowledging
[2016-06-16 18:00:22] QuantFocus : Too many people don't know what day it is.
[2016-06-16 18:13:41] laurenssteen : If you're short during the funding, the 0,8 % is in your favor, but are there any disadvantages?
[2016-06-16 18:14:19] Blargwaffle : Bullish market, your exit cost will eat the premium?
[2016-06-16 18:14:53] tscha : laurenssteen: there is a risk of dpe, so it's not 100% risk-free to long spot and short here
[2016-06-16 18:16:44] laurenssteen : Yes but when the prices are pretty similar to marking price? What is my exit cost?
[2016-06-16 18:16:59] laurenssteen : you mean the fee?
[2016-06-16 18:18:04] REKT : Liquidated long on `XBTUSD`: Sell 15568 @ 745.76
[2016-06-16 18:18:22] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 745.19
[2016-06-16 18:19:44] Moo : finex crapping itself while okcoin is like "ooh, cheap coinz!"
[2016-06-16 18:21:15] BTCDJS : rapidtrades: can you answer @laurenssteen question. Because I also want to know the answer
[2016-06-16 18:21:45] elmorte : laurenssteen: no, they mean the spread
[2016-06-16 18:22:21] fes1974 : who is this woodchipper dude ?
[2016-06-16 18:22:27] laurenssteen : but like now the spread is prety ok and my exit cost woildn't eat my premium in this case
[2016-06-16 18:22:30] BTCDJS : elmorte: my man. So. Is there any disadvantages?
[2016-06-16 18:22:41] elmorte : As long as it's tight around the margin, then don't worry
[2016-06-16 18:23:09] elmorte : BTCDJS: in bull market, premium causes increase in funding
[2016-06-16 18:23:19] Blargwaffle : laurenssteen: The premium may increase after you are funded, so if you wanted to leave the position you may end up handing over your funding.
[2016-06-16 18:23:35] BTCDJS : elmorte: but right now we are not in a bull market so to speak
[2016-06-16 18:23:51] elmorte : So if the funding is good, then the premium is high....therefore your exit might be costly
[2016-06-16 18:24:11] laurenssteen : thx guys
[2016-06-16 18:25:18] elmorte : If you can cover your short at our below mark, then by all means
[2016-06-16 18:25:23] elmorte : Or
[2016-06-16 18:25:29] fes1974 : is it correct that i would avoid the funding cost of 0.8204% if i close my long order before the time is up ?
[2016-06-16 18:25:39] elmorte : fes1974: correct
[2016-06-16 18:25:43] Blargwaffle : You would, but premium may increase right after.
[2016-06-16 18:25:56] fes1974 : elmorte: thx
[2016-06-16 18:26:24] fes1974 : Blargwaffle: as long as i get out before each 8 hours right ?
[2016-06-16 18:26:45] Blargwaffle : Sure, but getting back in may cost as much or more because of a premium increase.
[2016-06-16 18:27:46] fes1974 : so one pays immedately when one creates an order and after that each 8 hours ?
[2016-06-16 18:27:51] elmorte : But listen to @Blargwaffle , only close if you will lose more from funding then from the jump in price right after the deadline
[2016-06-16 18:28:11] Blargwaffle : You pay at funding hours, every 8.
[2016-06-16 18:28:28] elmorte : fes1974: you don't pay at order
[2016-06-16 18:28:42] rapidtrades : f okc man
[2016-06-16 18:28:44] fes1974 : Blargwaffle: so if i place an order and get out between 8 hours ?
[2016-06-16 18:28:49] elmorte : But a part for funding is added to the margin
[2016-06-16 18:28:56] fes1974 : ok
[2016-06-16 18:28:59] Blargwaffle : You can do that, sure.
[2016-06-16 18:29:43] Blargwaffle : Mind the rebalance times and the amount of unrealized PNL you have, though.
[2016-06-16 18:30:10] fes1974 : i only play in xbt swap anyway
[2016-06-16 18:30:16] elmorte : Rebalance times line up with funding times, right?
[2016-06-16 18:30:31] Blargwaffle : They do, look at the top-right of your browser.
[2016-06-16 18:30:50] rapidtrades : no funding is 3x per day
[2016-06-16 18:31:01] Blargwaffle : The times line up, though.
[2016-06-16 18:31:05] Blargwaffle : Once a day.
[2016-06-16 18:31:45] elmorte : :)
[2016-06-16 18:32:29] laurenssteen : but it might be profitable to buy before funding and sell after it?
[2016-06-16 18:33:05] laurenssteen : because of the reason it wouldn't by shorting
[2016-06-16 18:33:13] BitMEX_Sam : You would likely want to go the other way around, short then buy back in after funding.
[2016-06-16 18:33:28] BitMEX_Sam : But usually the book jumps significantly around funding time, recognizing the changed value of the contract.
[2016-06-16 18:35:32] laurenssteen : it's kind of a gamble
[2016-06-16 18:39:37] zanza : Sam how is the new interest system working ?
[2016-06-16 18:39:49] zanza : funding% thing
[2016-06-16 18:40:13] elmorte : He'd say it's working well, I suppose
[2016-06-16 18:40:46] BTCDJS : zanza: yeah as well as finex
[2016-06-16 18:40:49] zanza : np DPE, and prices tracks spot
[2016-06-16 18:41:27] rapidtrades : zanza: did u hear about scamcoin
[2016-06-16 18:41:35] zanza : eth?
[2016-06-16 18:41:40] elmorte : Ok...relatively well
[2016-06-16 18:41:45] rapidtrades : zanza: former okc
[2016-06-16 18:41:54] rapidtrades : that b1icth exchane
[2016-06-16 18:41:59] zanza : uhh didn't hear anything
[2016-06-16 18:42:17] rapidtrades : link the f*cker
[2016-06-16 18:43:05] elmorte : Sir yes sir
[2016-06-16 18:43:08] elmorte : [2016-06-16 17:03:55] j8 : heres some people talking about it on reddit https://www.reddit.com/r/BitcoinMarkets/comments/4obib5/daily_discussion_thursday_june_16_2016/d4bo2rn
[2016-06-16 18:46:37] REKT : Liquidated short on `XBTUSD`: Buy 580 @ 752.54
[2016-06-16 18:47:30] Rado : XBTM16 barely moving now
[2016-06-16 18:47:48] REKT : Liquidated short on `XBTUSD`: Buy 7500 @ 756.62
[2016-06-16 18:47:48] REKT : Liquidated short on `XBTM16`: Buy 9260 @ 789.29
[2016-06-16 18:47:58] Rado : I guess expiry approaching and losing that premium
[2016-06-16 18:48:13] stf28 : 5000 CNY broken
[2016-06-16 18:48:17] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 759.63
[2016-06-16 18:48:20] justinlooking : srs rekt comin
[2016-06-16 18:48:27] QuantFocus : daaaaaammnn
[2016-06-16 18:48:29] Moo : woah
[2016-06-16 18:48:32] QuantFocus : getting wild
[2016-06-16 18:48:51] BitMEX_Sam : Wow. What a week
[2016-06-16 18:48:55] sizzurp : wooo
[2016-06-16 18:49:12] sizzurp : 0.0087 a good profit?
[2016-06-16 18:49:15] Rado : As soon as I said that and now moving
[2016-06-16 18:49:16] Rado : lol
[2016-06-16 18:49:56] Moo : and eth is along for the ride
[2016-06-16 18:50:42] REKT : Liquidated short on `XBTUSD`: Buy 2279 @ 762.26
[2016-06-16 18:50:42] REKT : Gentlemen, we have an eREKTion!
[2016-06-16 18:50:50] BTCDJS : daaaaaaayyyyyyyyuuuuuuummmmm
[2016-06-16 18:51:35] macios15 : more
[2016-06-16 18:51:42] REKT : Liquidated short on `XBTU16`: Buy 4831 @ 1014.57
[2016-06-16 18:51:42] REKT : Liquidated short on `XBTUSD`: Buy 12500 @ 763.75
[2016-06-16 18:51:47] BTCDJS : where the H E double hockey sticks is bitcoin going
[2016-06-16 18:52:01] Blargwaffle : Well on it's way to my prediction(I hope).
[2016-06-16 18:52:06] REKT : Liquidated long on `LTCXBT`: Sell 900 @ 0.00719
[2016-06-16 18:52:17] BTCDJS : Blargwaffle: prediction is?
[2016-06-16 18:52:28] Blargwaffle : 900-1000 a week after halving.
[2016-06-16 18:52:30] BTCDJS : don't say 1000
[2016-06-16 18:52:41] BTCDJS : no retrace?
[2016-06-16 18:52:46] BTCDJS : that is crazy
[2016-06-16 18:52:48] Blargwaffle : Maybe after that.
[2016-06-16 18:53:06] REKT : Liquidated long on `LTCXBT`: Sell 83 @ 0.00717
[2016-06-16 18:53:29] rapidtrades : okc thought they could stop this
[2016-06-16 18:53:36] rapidtrades : they thought wrong
[2016-06-16 18:53:38] sizzurp : any guess on 800?
[2016-06-16 18:53:57] BTCDJS : yeah 800 dollars
[2016-06-16 18:54:04] BTCDJS : or 800 cats
[2016-06-16 18:54:11] sizzurp : $$$$
[2016-06-16 18:54:13] BTCDJS : or 800 chickens
[2016-06-16 18:54:24] sizzurp : 800 cows
[2016-06-16 18:54:33] BTCDJS : nah thats too much
[2016-06-16 18:54:36] REKT : Liquidated long on `LTCXBT`: Sell 35 @ 0.00715
[2016-06-16 18:54:36] REKT : Liquidated long on `LTCXBT`: Sell 50 @ 0.00715
[2016-06-16 18:54:41] sizzurp : im only making 0.008
[2016-06-16 18:54:49] kogroken : September futures over 1000
[2016-06-16 18:54:51] sizzurp : this is redicilious
[2016-06-16 18:55:05] BTCDJS : kogroken: they could be wrong
[2016-06-16 18:55:25] sizzurp : how do i sell half my contracts
[2016-06-16 18:55:27] kogroken : BTCDJS: Sure. Someone is willing to buy them for that price now though.
[2016-06-16 18:55:28] Blargwaffle : I could be wrong.
[2016-06-16 18:55:38] justinlooking : rektacular
[2016-06-16 18:55:40] Blargwaffle : I'm just considering the current China/miners situation.
[2016-06-16 18:55:48] BTCDJS : sizzurp: well they are crazy
[2016-06-16 18:56:07] sizzurp : yeah china scares me
[2016-06-16 18:56:09] rapidtrades : okc can go f*ck themselves
[2016-06-16 18:56:18] Rado : lol rapidtrades
[2016-06-16 18:56:19] BTCDJS : sizzurp: place an order the opposite way half the amount of contracts you have
[2016-06-16 18:56:28] Rado : what did they do?
[2016-06-16 18:56:45] Yumi : XBTU16 at $1K
[2016-06-16 18:56:47] rapidtrades : they tried to stop this rally
[2016-06-16 18:56:52] BTCDJS : Rado:https://www.reddit.com/r/BitcoinMarkets/comments/4obib5/daily_discussion_thursday_june_16_2016/d4bo2rn
[2016-06-16 18:56:53] rapidtrades : they failed
[2016-06-16 18:57:04] fes1974 : 800 tonight ?
[2016-06-16 18:57:17] BTCDJS : fes1974: 800 in 20 mins time
[2016-06-16 18:57:27] justinlooking : lol
[2016-06-16 18:57:39] fes1974 : BTCDJS: i better buy more hehehe
[2016-06-16 18:57:47] laurenssteen : BTCDJS: think I might short this one now
[2016-06-16 18:57:48] BTCDJS : fes1974: I'm too scared
[2016-06-16 18:57:51] laurenssteen : I hate to say it
[2016-06-16 18:57:58] sizzurp : 800 before 12?
[2016-06-16 18:58:02] sizzurp : prolly
[2016-06-16 18:58:06] BTCDJS : laurenssteen: I'm waiting for the right time to short
[2016-06-16 18:58:16] sizzurp : lmk when that is @BTCDJS
[2016-06-16 18:58:26] laurenssteen : BTCDJS: let me know
[2016-06-16 18:58:30] sizzurp : have you sold all contracts? @BTCDJS
[2016-06-16 18:59:17] Rado : interesting
[2016-06-16 18:59:31] sizzurp : waht
[2016-06-16 18:59:43] Rado : that reddit post
[2016-06-16 18:59:52] sizzurp : didnt see it
[2016-06-16 19:00:01] BTCDJS : https://www.reddit.com/r/BitcoinMarkets/comments/4obib5/daily_discussion_thursday_june_16_2016/d4bo2rn
[2016-06-16 19:00:09] BTCDJS : Rado: 66
[2016-06-16 19:00:13] BTCDJS : ^^
[2016-06-16 19:00:30] Rado : yeah
[2016-06-16 19:00:33] Rado : strange
[2016-06-16 19:00:43] BTCDJS : sizzurp: ^^
[2016-06-16 19:00:48] BTCDJS : tagged wrong guy
[2016-06-16 19:01:07] sizzurp : thanks that is interesting
[2016-06-16 19:01:21] sizzurp : wonder if we hit 750 before 800