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 21:54:29] rapidtrades : finex is always lagging
[2016-06-16 21:54:45] ayy_lmao : thats my secret cap
[2016-06-16 21:54:49] ayy_lmao : im always laggin
[2016-06-16 21:55:13] ayy_lmao : http://images-cdn.9gag.com/photo/azb9gWN_700b.jpg
[2016-06-16 21:55:30] miramm1115 : tscha: finex API good here
[2016-06-16 21:55:37] Blargwaffle : uMatrix has prevented the following page from loading:
[2016-06-16 21:55:45] Blargwaffle : Guess I don't want to see that image.
[2016-06-16 21:56:08] ayy_lmao : its just an avengers meme
[2016-06-16 21:56:32] zanza : Do you guys have a favorite Espada from Bleach ?
[2016-06-16 21:56:33] BTCDJS : does anyone else think this is going up too quick. Indicative of a major dump at whatever top its going to be. my guess 870
[2016-06-16 21:56:58] ayy_lmao : this is like eth during its runup to 0.16-0.34
[2016-06-16 21:57:43] ayy_lmao : finex making new highs while dumping 7 dollars at the same time
[2016-06-16 21:57:48] ayy_lmao : wtf is that liquidity there
[2016-06-16 21:57:57] rapidtrades : finexx is such s
[2016-06-16 21:58:00] rapidtrades : shit
[2016-06-16 21:58:21] BTCDJS : correction I meant 807
[2016-06-16 21:58:34] rapidtrades : hope not
[2016-06-16 21:59:27] MrRGnome : I won't be surprised is we hit new ATH in this bubble, but I'm sure as shit not going to gamble on where the top is. I'd rather ride whatever correction there is back down 15-30%
[2016-06-16 22:00:14] BTCDJS : MrRGnome: yeah its dangerous to try and call the top in a bull run.
[2016-06-16 22:00:27] BTCDJS : or should I say play
[2016-06-16 22:00:35] BTCDJS : you can guess
[2016-06-16 22:00:38] rapidtrades : i need to take a break before tonight
[2016-06-16 22:01:00] rapidtrades : big night? ye
[2016-06-16 22:01:10] BTCDJS : big night?
[2016-06-16 22:01:24] rapidtrades : settlment
[2016-06-16 22:01:40] BTCDJS : put on your best suit and tie
[2016-06-16 22:02:15] MrRGnome : who knows, we might just consolidate. I can see a scenario where bears take a swing and don't move the needle, but spend a few hours trying.
[2016-06-16 22:03:11] BTCDJS : MrRGnome: isn't a bear just a bull selling his shit for profit?
[2016-06-16 22:04:09] MrRGnome : Yeah, I'm essentially saying profit takers could stall the rise, and bears might try to jump on the downwards momentum of profit takers.
[2016-06-16 22:05:24] MrRGnome : I'm not saying I even think that's going to happen, or that downward pressure would be significant enough to change the trend - just that we don't really have enough of an indication to exclude most possibilities right now - this thing is totally unpredictable short term.
[2016-06-16 22:06:30] BTCDJS : anything goes right now.
[2016-06-16 22:07:26] Rado : lets get some volatility
[2016-06-16 22:07:27] Rado : :-)
[2016-06-16 22:07:49] Rado : I want to see $640 and then $850
[2016-06-16 22:07:51] Rado : lol
[2016-06-16 22:09:03] Rado : by the way volume on Chinese exchanges is not big at all for this move
[2016-06-16 22:09:18] Rado : either means we are getting a bigger move soon or we are going to see a big retrace
[2016-06-16 22:09:21] BitMEX_Sam : BFX is certainly doing well
[2016-06-16 22:09:32] Rado : BFX volume has been great
[2016-06-16 22:13:21] BTCDJS : thats ok Finex has led in the past. we don't need china all the time
[2016-06-16 22:14:00] MrRGnome : The thing that convinces me most this trend has more tog o is the close price of the international exchanges. There's almost always a huge disparity before a big crash.
[2016-06-16 22:21:51] CrazyEarner : BitMEX_Sam: hoping you can anwser my question with regards to withheld profits is that 100% of what profit I have made that is due to be released to me when rebalance happens?
[2016-06-16 22:25:07] ayy_lmao : only if there is no DPE
[2016-06-16 22:25:20] BitMEX_Arthur : correct
[2016-06-16 22:29:10] CrazyEarner : How would one find out if their and DPE on it from all me trading done has been green profit
[2016-06-16 22:30:58] BTCDJS : green? mine was blue
[2016-06-16 22:31:05] BTCDJS : thats not fair
[2016-06-16 22:32:43] ayy_lmao : dpe is located on the left side under the current price. It is represented as a percentage.
[2016-06-16 22:32:56] ayy_lmao : it is at 0% right now
[2016-06-16 22:33:15] ayy_lmao : its in the contract details
[2016-06-16 22:35:37] CrazyEarner : Well if it works out to be what is in held and is what it is then am happy
[2016-06-16 22:38:05] ayy_lmao : currently you will get your exact withheld amount, if there is DPE before the re balance, the percentage will be applied against your withheld
[2016-06-16 22:39:22] ayy_lmao : new highs
[2016-06-16 22:39:39] luckynuke : woop woop
[2016-06-16 22:42:01] REKT : Liquidated short on `XBJ24H`: Buy 251 @ 82083.00000
[2016-06-16 22:45:02] Moo : liquidate more shorts pls
[2016-06-16 22:46:20] luckynuke : doom
[2016-06-16 22:46:43] luckynuke : moon-doom-moon-doom
[2016-06-16 22:47:12] Moo : Can I get some more of that $10 premium?
[2016-06-16 23:06:38] alchemist : Hey
[2016-06-16 23:07:59] luckynuke : hey
[2016-06-16 23:08:24] alchemist : What is the benefit of waiting to buy June 24 contracts vs now
[2016-06-16 23:10:56] luckynuke : idk
[2016-06-16 23:12:44] ayy_lmao : not much
[2016-06-16 23:12:47] ayy_lmao : its a legacy contract
[2016-06-16 23:12:51] ayy_lmao : made before perpetual
[2016-06-16 23:13:03] alchemist : Is it too early to buy in
[2016-06-16 23:13:16] alchemist : Buy and hold will the funding rate ruin my profits
[2016-06-16 23:13:53] alchemist : can see it at $850+ next week. I dont k ow whether to buy xbtusd or xbu16
[2016-06-16 23:14:28] alchemist : Xbu pays premium but pays no inter
[2016-06-16 23:14:52] alchemist : Interest. I don't know how to compare or calculate the risk
[2016-06-16 23:16:06] zanza : xbu is discontinued
[2016-06-16 23:16:32] alchemist : Like if I want to buy and hold till the 24th... straight up, whTs better the June 24or the swap
[2016-06-16 23:16:41] miramm1115 : alchemist: do you mean XBTM16? you will get more from XBTM16 long than from XBTUSD long
[2016-06-16 23:16:58] miramm1115 : that's why it's priced higher
[2016-06-16 23:17:47] alchemist : Like if I'm paying 1% every 8 hours does that mean it's be like 24% ish in 8 days
[2016-06-16 23:18:40] alchemist : Crap
[2016-06-16 23:18:47] alchemist : My connection is so bad.
[2016-06-16 23:18:47] miramm1115 : if XBTUSD premium stays at this level you will pay 3% per day
[2016-06-16 23:19:32] miramm1115 : approximately
[2016-06-16 23:20:11] alchemist : So the question is, if I want to get out the 24th should I buy xbu June 24 or the swap
[2016-06-16 23:20:53] alchemist : And the funding is on my value or margin?
[2016-06-16 23:21:12] palgba : hello
[2016-06-16 23:21:21] palgba : is there a way to have a sub account ?
[2016-06-16 23:21:34] BitMEX_Arthur : No
[2016-06-16 23:21:47] BitMEX_Arthur : you can just create another account with a different email
[2016-06-16 23:21:55] palgba : ok
[2016-06-16 23:21:59] palgba : i was about to ask that
[2016-06-16 23:22:07] miramm1115 : if you think it's going to $850, you can use the calculator to check your profit with exit $850 and substract funding costs
[2016-06-16 23:22:08] palgba : thank you
[2016-06-16 23:22:30] alchemist : BitMEX_Arthur: am I missing something.... if you leverage your trade 10x and you pay 1% does this mean you would pay 30% a day
[2016-06-16 23:22:46] alchemist : Cause that's retarded
[2016-06-16 23:25:00] Rado : it's OK when you are buying 10x more BTC with 1/10 of the money?
[2016-06-16 23:26:10] BitMEX_Arthur : alchemist: if you think in terms of return on equity yes
[2016-06-16 23:26:55] alchemist : Funding, is it paid on trade value or margin? cause if you hold $10,000 on $1000 and pay $30 a day, you're losing money pretty fast. So you would need almost 100% gains every month to break even
[2016-06-16 23:26:56] BitMEX_Arthur : but you can also make a lot due to the leverage as well
[2016-06-16 23:27:23] alchemist : So buy and hold in these conditions is like... sketchy at best
[2016-06-16 23:27:26] BitMEX_Arthur : correct funding is on the leveraged notional
[2016-06-16 23:27:43] BitMEX_Arthur : so that's why selling and buying Bitcoin to completely hedge is very profitable
[2016-06-16 23:28:11] alchemist : So I'm this case I think the June 24 is a better deal!
[2016-06-16 23:29:07] BitMEX_Arthur : XBTUSD is great mostly because of the liquidity
[2016-06-16 23:29:26] BitMEX_Arthur : you can get in and out way faster and cheaper than June 24
[2016-06-16 23:31:19] Tulsene : hello
[2016-06-16 23:31:28] BitMEX_Wally : Tulsene: Hello
[2016-06-16 23:31:31] Tulsene : there is more fees for hidden limit order ?
[2016-06-16 23:31:48] Tulsene : hello BitMEX_Wally
[2016-06-16 23:32:03] Yumi : you always pay taker fee with hidden order
[2016-06-16 23:32:12] Tulsene : thx yumi
[2016-06-16 23:32:24] BitMEX_Wally : https://www.bitmex.com/app/fees#order-type-exceptions
[2016-06-16 23:32:42] Tulsene : I was looking into contracts, mb
[2016-06-16 23:32:44] Tulsene : thx
[2016-06-16 23:36:45] Tetsuo : BTC & ETH down ; LTC up, chicken will have the last laugh, you heard it here first!
[2016-06-16 23:47:39] alchemist : so ideally to hedge i want equal values buying and selling eh, then to collect the interest
[2016-06-17 00:03:19] Tetsuo : The golden age of the Rooster is about to start!
[2016-06-17 00:03:27] MrRGnome : china threatening another short spurt up, a solid screw you to shorts collecting the last hour
[2016-06-17 00:04:36] Tetsuo : everybody show some love 4 da chickun!
[2016-06-17 00:17:54] CaptainDean : some poeple write down typo ... 672 instead of 782 :P
[2016-06-17 00:18:10] CaptainDean : 772 instead of 782
[2016-06-17 00:18:13] CaptainDean : :P
[2016-06-17 00:19:50] Tetsuo : some poelple buy overpriced BTC with a dysfunctional blockchain instead of underpriced super fast and safe chickun
[2016-06-17 00:21:41] messiaen8844 : http://getjumbucks.com/settlement/
[2016-06-17 00:22:08] messiaen8844 : let's see what happens till settlement, maybe they pump till that?
[2016-06-17 00:23:31] Tetsuo : BTC fake halving pump is over! get out and cut your losses quick!
[2016-06-17 00:23:59] Tetsuo : LTC is the name of the game!
[2016-06-17 00:24:33] Moo : thank you for bringing back the true purpose of the trollbox. it's been to civil and reasoned in here lately
[2016-06-17 00:27:24] Tetsuo : thx but sry, won´t stay here too much longer, after a 2 year ban on BTC-E my true alias "LTCvictim" will be finally reactivated again!
[2016-06-17 00:27:35] billz : LTC is a joke lol
[2016-06-17 00:29:30] Tetsuo : billz: Lol, buy in again when it´s 20$ then you might still have a chance to quadruple. BTC fakepump and ETH scamcoin believers will learn it the hard way, there is only one king and it´s name is chickung
[2016-06-17 00:31:58] gartan : okcoin has locked futures prices
[2016-06-17 00:32:08] messiaen8844 : ltc rocket
[2016-06-17 00:32:09] gartan : can I actually market buy here?
[2016-06-17 00:34:05] Moo : sounds like it's time to short ltcbtc
[2016-06-17 00:34:39] Tetsuo : Moo: plz doo soo , can´t wait to see you rekt :-)
[2016-06-17 00:34:49] messiaen8844 : lol, all shortes just god liquidated at OkCoin moo
[2016-06-17 00:35:08] Tetsuo : Moo: look at theat bounce @ LTC/BTCqBTC-E
[2016-06-17 00:35:14] Moo : that's usually when to open new shorts
[2016-06-17 00:35:23] messiaen8844 : feel free to short the bottom
[2016-06-17 00:36:59] Tetsuo : I beleive in god, crack-cocaine and the almighty chickun. king of all roosters please save my soul
[2016-06-17 00:43:34] Tetsuo : Lol. i nailed it. Goodbye you suckers
[2016-06-17 00:44:11] CrazyEarner : lmfao see you at 800 fella
[2016-06-17 00:48:18] CrazyEarner : moving to 780 see you their time play hardcor ewith me funds that ht me account sell now cry after hold sell buy sell see you at the top
[2016-06-17 00:49:55] Tetsuo : CrazyEarner: too many suckers like you tryin to unload their bag @ around 800$. Good luck
[2016-06-17 00:50:31] CrazyEarner : lol I dont need to unload I got plenty to move around on btc and eth and ltc thank you
[2016-06-17 00:50:41] Moo : ethxbt premium is a bit retarded
[2016-06-17 00:51:12] Tetsuo : ETH itself is a bit tetarded
[2016-06-17 00:51:14] CrazyEarner : wel lfor calling me sucker ill just crash it hten k thx see you at bottom
[2016-06-17 00:51:50] Tetsuo : CrazyEarner: PLZ short your 50 bucks on lTC/BTC can´t wait to see the crash u fool
[2016-06-17 00:52:15] CrazyEarner : 50bkuch go play tollmode somewhere else
[2016-06-17 00:52:34] CrazyEarner : lot more than that in here
[2016-06-17 00:53:18] CrazyEarner : $1 to play with such monies such woozers
[2016-06-17 00:55:01] CrazyEarner : Must trade now k thx trollbox for trollinininiing
[2016-06-17 00:56:20] Tetsuo : CrazyEarner: cut your losses before it´s too late
[2016-06-17 00:57:37] messiaen8844 : If ETH premium was retarded someone would short those 5k contracts ;D
[2016-06-17 00:58:08] Moo : might actually be a good idea
[2016-06-17 00:58:17] Moo : eth's been a bit too hot lately, I think
[2016-06-17 00:58:29] Moo : and I say that as a hodler since $1
[2016-06-17 00:59:08] CrazyEarner : Tetsuo: Dnt need to cut any loss I know when aa bulltrap is and thats right now n coming out of it so yeah see you at 800
[2016-06-17 00:59:52] Tetsuo : Lol, you are such a noob you don´t even know what a bulltrap is. You´re going to be broke in less than 3 days
[2016-06-17 01:01:12] CrazyEarner : lmfao sure ok. Try saying that when I live off BTC and only need work part time. Must be such noob lol.
[2016-06-17 01:02:08] CrazyEarner : Troll box entertainment level at over 9,000
[2016-06-17 01:03:04] CrazyEarner : Sends Tetsuo: 2 stars for giving a fk. Now back to trading k thx bye.
[2016-06-17 01:23:33] gartan : is there anyway to see current fee for a position i have open?
[2016-06-17 01:30:47] BitMEX_Wally : The funding fee is 0.9534% in 2 hours
[2016-06-17 01:31:37] BitMEX_Wally : So if you have a position with a 1 XBT notional value then this is 0.009534 XBT
[2016-06-17 01:33:17] ayy_lmao : jeezus
[2016-06-17 01:33:32] Tetsuo : BitMEX_Wally: Now that BTC is about to die, will you enable to fund everything with LTC (aka the last survivor)
[2016-06-17 01:34:27] BitMEX_Wally : Tetsuo: Sure, once the Litecoin market cap exceeds the Bitcoin market cap
[2016-06-17 01:35:08] Tetsuo : BitMEX_Wally: awesome , so i will transfer my first LTC in ~2 weeks, thank you!
[2016-06-17 01:35:52] BitMEX_Wally : Just a warning, our Bitcoin multisig addresses are accepted as valid Litecoin addresses, but please do not send Litecoin or it will be lost
[2016-06-17 01:36:33] Tetsuo : CrazyEarner: don´t forget to add aggressively to your losing position while we are going down to <500$ BTC
[2016-06-17 01:37:28] CrazyEarner : i just sold at $100 and buying back at $775 and repeating
[2016-06-17 01:39:34] Tetsuo : seems like a smart move
[2016-06-17 01:41:54] Tetsuo : CrazyEarner: where did you sell for 100 bux, i might even take the risk and buy a few BTC for 100$(of course only if i can sell it in less than 4h, could crash to 0 any minute)
[2016-06-17 01:44:44] Tetsuo : crazyloser, thanx for ur monnneeeez in advance!
[2016-06-17 01:45:39] Tetsuo : OMG, i can´t believe it LTC is so fast! : - D
[2016-06-17 01:59:00] Rado : another crazy one
[2016-06-17 02:02:17] CrazyEarner : selling all my ltc for 1cent...........Boom and its gone
[2016-06-17 02:15:24] micmix : BitMEX_Wally, BitMEX_Sam: I see that REKT bot gets an error '403 Please don't spam the chat' from time to time. Is there any way to whitelist REKT account?
[2016-06-17 02:16:35] BitMEX_Sam : Yeah I'll do that. Thanks micmix
[2016-06-17 02:16:48] micmix : REKT is not a spammer, it does a lot of volunteer work for the community :wink:
[2016-06-17 02:25:10] MrRGnome : micmix are you the developer? Maybe consider grouping messages that occur within a time period. It would suck if chat was impossible during the most exciting moments because the bot was filling the chat with rekts.
[2016-06-17 02:27:55] QuantFocus : how am i supposed to make any money with these funding rates?
[2016-06-17 02:28:17] micmix : it doesn't really matter if it's one big message or multiple smaller ones. if it becomes a problem I will filter out smaller rekts
[2016-06-17 02:30:35] QuantFocus : I'm a little confused. The funding rate will bring the current mark price in line with the orderbook premium?
[2016-06-17 02:32:04] micmix : QuantFocus: it's the other way around, funding rate should keep ordebook prices closer to mark price
[2016-06-17 02:32:22] MrRGnome : micmix I meant less appending and more aggregating "MEGA-REKT 20000 XBTUSD shorts liquidated last 3 seconds @ $778-$789" so that you do end up with less space consumed under high load.
[2016-06-17 02:32:32] QuantFocus : Because it works as a disincentive, or mathematically?
[2016-06-17 02:33:01] MrRGnome : @QuantFocus disincentive
[2016-06-17 02:33:34] micmix : MrRGnome: I see, prices will be approximate but makes sense if it's a lot
[2016-06-17 02:33:36] QuantFocus : I'm trying to piece it together...if I buy long, i already have to pay a premium because of the spread. then i also have to pay the funding rate when the premium is above the mark price too..?
[2016-06-17 02:34:21] micmix : QuantFocus: yep, it's disincentive to long and incentive to short in order to keep prices in check
[2016-06-17 02:34:48] micmix : otherwise ask side of the orderbook would be almost empty
[2016-06-17 02:34:53] QuantFocus : So it's just intended to provide liquidity?
[2016-06-17 02:34:59] QuantFocus : oh
[2016-06-17 02:35:52] QuantFocus : When funding occurs, does the at-the-market order reset to the mark price?
[2016-06-17 02:36:15] micmix : without high funding fees there is very little reason to sell during strong uptrend
[2016-06-17 02:37:00] MrRGnome : you end up with a high enough premium to incentivize arbitrage, which keeps the price in check.
[2016-06-17 02:37:10] MrRGnome : but you get a pretty healthy premium from spot
[2016-06-17 02:37:43] QuantFocus : Makes sense. So being a liquidity provider, I could short at say, 780, and essentially start in the money by the premium over the mark. Then i can also expect to receive the funding rate when that occurs?
[2016-06-17 02:37:51] Yumi : there was 2% premium, it was not working out
[2016-06-17 02:39:25] micmix : 2% premium is not 10% premium, it's working
[2016-06-17 02:39:43] Yumi : I mean, it wasnt working without high swap cost
[2016-06-17 02:39:54] j8 : micmix: see the garbage goin on at okc quarterly?
[2016-06-17 02:39:55] micmix : ah ok
[2016-06-17 02:41:53] micmix : j8: what do you mean? I don't have a position atm and didn't check
[2016-06-17 02:42:06] j8 : they put a cap on the premium
[2016-06-17 02:42:32] micmix : j8: oh wow, really?
[2016-06-17 02:42:43] j8 : yeah. it wants to buy way higher
[2016-06-17 02:43:39] j8 : limit up 846.32 at the moment
[2016-06-17 02:43:48] j8 : around 8.4%
[2016-06-17 02:43:51] micmix : what's the formula? do you have a link to the announcement?
[2016-06-17 02:44:17] j8 : that's the worst part. no announcement
[2016-06-17 02:44:29] j8 : just a lot of "why can't i buy"
[2016-06-17 02:44:38] QuantFocus : BitMEX_Sam: can you please explain what happens to mark price after funding occurs?
[2016-06-17 02:44:42] micmix : that's crazy
[2016-06-17 02:45:01] QuantFocus : Is there a mechanism in place, or is it still driven by market participants?
[2016-06-17 02:45:45] micmix : QuantFocus: mark price goes up after funding is paid and bots adjust their prices accordingly
[2016-06-17 02:46:02] QuantFocus : micmix: ok, thank you. I thought that was the case
[2016-06-17 02:46:23] j8 : was hoping you might have some info. it's a disaster, you can't even close short
[2016-06-17 02:46:25] daveberns1 : why does my pending cashrebalance include a fee of .6 XBT!?!?
[2016-06-17 02:46:37] QuantFocus : So even though longs take a hit on funding, the higher mark price offsets some of that?
[2016-06-17 02:46:39] daveberns1 : pretty intense fee
[2016-06-17 02:47:12] micmix : j8: and ppl were giving BitMEX hard time for 20 hours notice
[2016-06-17 02:47:35] j8 : yeah, they look pretty classy in comparison.
[2016-06-17 02:48:43] micmix : QuantFocus: you can think of it this way but mark price doesn't really affect you until rebalance
[2016-06-17 02:49:19] micmix : as long as you have enough margin to avoid liquidation
[2016-06-17 02:50:53] j8 : i have a long on the quarterly there, not sure what to do about it. i don't want to be involved in that market but i also don't want to close when they're suppressing the price, cause that's what they want you to do
[2016-06-17 02:52:07] rapidtrades : f okc amirite
[2016-06-17 02:54:05] j8 : yeah, it's bad. i should stop trading there
[2016-06-17 02:54:55] rapidtrades : withdrew most of my shit earlier
[2016-06-17 02:55:12] rapidtrades : better safe then sry
[2016-06-17 02:56:41] rapidtrades : its a shame cause their spot wasn't bad
[2016-06-17 02:57:14] rapidtrades : no fees for limits and it was easy to get fills unlike finex where they clog up the bid/ask all the f time
[2016-06-17 02:57:24] rapidtrades : but futures, clearly some scammy shit going on there
[2016-06-17 02:58:06] j8 : this is just straight up price fixing
[2016-06-17 02:58:30] rapidtrades : even before tho, they were constanly 'trading' mid price...until u place a bid in there
[2016-06-17 02:58:43] rapidtrades : then poof noone wants to trade at the price anymore
[2016-06-17 02:59:02] j8 : yeah, pretty impossible to pin that on the exchange rather than bots though
[2016-06-17 02:59:15] rapidtrades : oh rly?
[2016-06-17 02:59:37] j8 : i don't have much trust for them but it's impossible to prove
[2016-06-17 02:59:38] rapidtrades : what would be the point? they pay 0.03% every time
[2016-06-17 03:00:19] rapidtrades : if bots were doing it, they wouldn't care its my bid, they would fill it at mid just like they filled each other
[2016-06-17 03:01:37] rapidtrades : the vast majority of volume on those futures is fake
[2016-06-17 03:01:48] j8 : yeah i don't doubt it
[2016-06-17 03:02:41] j8 : still the most liquid market for btc by far, which is the only reason i'm still there
[2016-06-17 03:05:18] rapidtrades : premium still stuck at $75
[2016-06-17 03:05:49] j8 : $65
[2016-06-17 03:07:38] rapidtrades : was that even an option under their tos
[2016-06-17 03:07:57] j8 : pretty sure it wasn't
[2016-06-17 03:08:24] rapidtrades : im worried this could be a confidence killer
[2016-06-17 03:08:33] j8 : there is a policy on limit up / down, but it has nothing to do with spot price or premium
[2016-06-17 03:08:36] micmix : fallout could be huge
[2016-06-17 03:08:39] daveberns1 : Guys seriously, can anyone justify this .6 XBT CashRebalance fee I am seeing on the XBTU16
[2016-06-17 03:08:45] rapidtrades : ppl could panic like i did and ask to pull money out
[2016-06-17 03:08:46] daveberns1 : trying to figure this out...
[2016-06-17 03:08:49] Yumi : DPE @daveberns1
[2016-06-17 03:09:03] daveberns1 : ouch
[2016-06-17 03:09:31] micmix : daveberns1: no, DPE affects profit only
[2016-06-17 03:09:57] micmix : DPE can't make profit into loss
[2016-06-17 03:10:21] daveberns1 : ya, my profit from the cashrebal is much larger
[2016-06-17 03:10:34] daveberns1 : but still seems like a large chunk
[2016-06-17 03:10:41] Yumi : there is 7% DPE so he has like 8-9btc profit
[2016-06-17 03:10:43] daveberns1 : in genearl, not of profit
[2016-06-17 03:10:51] daveberns1 : ya about right
[2016-06-17 03:11:00] daveberns1 : damn
[2016-06-17 03:11:09] daveberns1 : so i am paying for those that went bust
[2016-06-17 03:11:11] daveberns1 : ?
[2016-06-17 03:11:26] micmix : ok, I thought you had loss
[2016-06-17 03:12:00] rapidtrades : micmix: why is ur name green and not orange
[2016-06-17 03:12:18] micmix : ppl who got liquidated paid your profit
[2016-06-17 03:12:27] rapidtrades : everyone is green now
[2016-06-17 03:12:39] micmix : rapidtrades: chat broken, everyone brown for me
[2016-06-17 03:12:46] rapidtrades : woah
[2016-06-17 03:13:00] rapidtrades : so it takes ur color and paints ev1
[2016-06-17 03:13:47] micmix : idk, I just though Sam decided paint everyone poop color
[2016-06-17 03:13:53] micmix : *thought
[2016-06-17 03:17:21] REKT : Liquidated short on `ETHXBT`: Buy 41 @ 0.02723
[2016-06-17 03:17:35] rapidtrades : http://news.forexlive.com/!/want-a-loan-web-based-china-lenders-demand-nude-pics-as-guarantee-20160617
[2016-06-17 03:22:18] j8 : micmix: p.s. happy 1000 CAD per btc. we're rich!
[2016-06-17 03:22:32] micmix : j8: yep, grats!
[2016-06-17 03:23:43] rapidtrades : are u both loonies?
[2016-06-17 03:23:50] j8 : mhmm
[2016-06-17 03:27:33] micmix : j8: btw, quadriga withdrawals started to take a long time. I hope they are still solvent
[2016-06-17 03:28:17] j8 : i've always had to wait around 2 weeks
[2016-06-17 03:28:51] j8 : for EFT
[2016-06-17 03:29:06] micmix : oh ok, I just started using them couple month ago and it seems every new withdrawal takes longer than the previous one
[2016-06-17 03:29:29] micmix : yep, EFT
[2016-06-17 03:30:07] rapidtrades : EASTERN FROZEN TIME
[2016-06-17 03:30:10] rapidtrades : canada
[2016-06-17 03:30:29] j8 : they rarely meet the processing times they claim.
[2016-06-17 03:32:50] j8 : sometimes they get behind on interac e-transfers because their bank limits them. i haven't had any serious issues with them in a year and half though
[2016-06-17 03:33:10] micmix : ok, glad to hear
[2016-06-17 03:35:00] j8 : there's the odd thing that makes me think they're not super competent though. like german timestamps on a canadian website (i asked about this, it's because the site is hosted in germany.. lol)
[2016-06-17 03:35:35] rapidtrades : sweet, funding back to 1.1 after this
[2016-06-17 03:35:59] NukeLaloosh : TheDao now $252M
[2016-06-17 03:39:13] j8 : sweet sweet funding
[2016-06-17 03:40:15] BitMEX_Arthur : I see someone is short
[2016-06-17 03:41:07] j8 : short, long.. it's one massive shlong
[2016-06-17 03:41:18] micmix : j8: nice one
[2016-06-17 03:42:24] micmix : I'm out of leaderboard, palty 285% ROE not enough with all those new super traders
[2016-06-17 03:42:28] Rado : hello punk traders
[2016-06-17 03:44:24] mikeh : i started the bull run by selling, should i go long now? :)
[2016-06-17 03:44:36] Rado : lol
[2016-06-17 03:44:39] Rado : yes please
[2016-06-17 03:44:48] Rado : we need some volatility
[2016-06-17 03:45:09] mikeh : k
[2016-06-17 03:46:27] Rado : looks like some kind of top is forming
[2016-06-17 03:46:35] Rado : or I might be delusional
[2016-06-17 03:46:59] rapidtrades : could be both
[2016-06-17 03:47:06] rapidtrades : doesn't have to be either or :)
[2016-06-17 03:47:08] micmix : okc put a cap on it as we discissed
[2016-06-17 03:47:32] Rado : why everyone has the same colour nick now
[2016-06-17 03:47:53] Rado : oh look premium is gone because of funding
[2016-06-17 03:47:56] mikeh : well i'm green with envy
[2016-06-17 03:48:05] rapidtrades : i assume lots of bots use their futures in calcs and shit so its having a knock-on effect in other futures like here
[2016-06-17 03:48:06] REKT : Liquidated short on `ETHXBT`: Buy 40 @ 0.02776
[2016-06-17 03:48:22] Rado : my bot is long ETH again
[2016-06-17 03:48:32] Rado : what's with ETH bull run?
[2016-06-17 03:49:24] mikeh : probably cos transaction limit hasn't been sorted yet
[2016-06-17 03:50:07] mikeh : needs to be an alt for when everyone bails out of fiat
[2016-06-17 03:50:33] rapidtrades : noone is gonna bail on fiat
[2016-06-17 03:50:33] Rado : nah
[2016-06-17 03:50:38] rapidtrades : u ppl are delusional
[2016-06-17 03:50:41] Rado : there are a lot of other alt coins
[2016-06-17 03:50:46] Rado : they are not going up like ETH
[2016-06-17 03:51:37] messiaen8844 : ETH has been bullish for quite a while
[2016-06-17 03:52:04] messiaen8844 : didn't lost it's supports
[2016-06-17 03:52:08] messiaen8844 : and there was evident accumulation
[2016-06-17 03:52:17] messiaen8844 : it will shoot high
[2016-06-17 03:53:23] rapidtrades : still in range on daily
[2016-06-17 03:54:16] rapidtrades : shitcoin rly should be down
[2016-06-17 03:54:45] Rado : I think a $100 drop is coming on BTC
[2016-06-17 03:54:55] rapidtrades : no shit
[2016-06-17 03:55:05] rapidtrades : capt oobvious award
[2016-06-17 03:55:18] Rado : lol
[2016-06-17 03:57:49] NukeLaloosh : can i be rebalanced more than my margin on a position?
[2016-06-17 03:58:16] Rado : so if I buy swap now I will pay the 0.95% funding?
[2016-06-17 03:58:34] Yumi : yes
[2016-06-17 03:58:49] rapidtrades : Rado: maybe :)
[2016-06-17 03:58:58] rapidtrades : try it and find out
[2016-06-17 03:59:26] Rado : no
[2016-06-17 04:02:04] rapidtrades : so 1.1% in now fixed and we're looking at another 1.1% next if premium doesn't drop
[2016-06-17 04:06:08] j8 : a little too good to be true, it will be hard to sustain for more than one session
[2016-06-17 04:09:44] ayy_lmao : dat funding
[2016-06-17 04:09:45] ayy_lmao : rekt
[2016-06-17 04:12:15] ayy_lmao : worse than dpe lmao
[2016-06-17 04:12:32] messiaen8844 : they should delist this XBJ24H shit from here
[2016-06-17 04:12:43] messiaen8844 : until they do decent market making
[2016-06-17 04:13:08] messiaen8844 : do anything and market maker removes everything from the book
[2016-06-17 04:14:01] ayy_lmao : i forgot to close my order before the rebalance
[2016-06-17 04:14:23] messiaen8844 : This fuckery is a bit too much
[2016-06-17 04:14:51] rapidtrades : i mean at least it settles daily :)
[2016-06-17 04:15:00] jet : I just signed up. this rebalance thing effectively halved my position. what is this?
[2016-06-17 04:15:10] ayy_lmao : paid 0.2 btc in funding instead of probably 0.01-02 in fees just closing
[2016-06-17 04:19:21] REKT : Liquidated long on `XBTUSD`: Sell 178 @ 779.79
[2016-06-17 04:19:54] NukeLaloosh : in 8 hours it's both a rebalance AND funding?
[2016-06-17 04:20:46] rapidtrades : ye
[2016-06-17 04:21:03] messiaen8844 : bullshit...
[2016-06-17 04:21:55] messiaen8844 : yesterday had a winning trade but market maker didn't give me a way out and I had to wait for settlement when my gains were reduced, no way you can trade this
[2016-06-17 04:21:59] messiaen8844 : v
[2016-06-17 04:22:27] ayy_lmao : dont know what to do at this point
[2016-06-17 04:23:49] ayy_lmao : u can get margin called on funding alone at this rate
[2016-06-17 04:23:54] ayy_lmao : if u hold for enough funding rounds
[2016-06-17 04:25:00] ayy_lmao : of course this only affects longs but fuck shorting a bull trend
[2016-06-17 04:25:03] j8 : yep. the change in the rate is capped so you can't be liquidated just by one funding event
[2016-06-17 04:25:36] jet : Opened a long. Opened at 775. Closed at 779. Made a loss of 100%.. wat
[2016-06-17 04:25:52] rapidtrades : mexed
[2016-06-17 04:25:59] ayy_lmao : lmao
[2016-06-17 04:26:10] jet : good thing it was $3, not $30,000
[2016-06-17 04:26:22] j8 : jet: the price trades lower before the funding payment, because if you buy you have to pay funding
[2016-06-17 04:27:09] NukeLaloosh : on rebalance, our Entry Price gets adjusted to Index, Price, which is last price at Kaiko. No more TWAP, yes?
[2016-06-17 04:27:26] messiaen8844 : https://www.youtube.com/watch?v=kdvTkddp1F0
[2016-06-17 04:27:30] jet : that's some twisted shit
[2016-06-17 04:27:32] j8 : NukeLaloosh: right
[2016-06-17 04:27:35] ayy_lmao : why dont they update the entry to reflect that
[2016-06-17 04:27:36] ayy_lmao : it always show the entry before rebalance
[2016-06-17 04:27:49] rapidtrades : funding was around $7 this time around so u paid that to the shorts @jet
[2016-06-17 04:28:17] jet : so basically this place is useless if you want to hold
[2016-06-17 04:28:25] rapidtrades : yes
[2016-06-17 04:28:39] ayy_lmao : this is only useful if u want to short for now
[2016-06-17 04:28:55] jet : funny how they advertise "low fees" and "no expiry"
[2016-06-17 04:28:57] ayy_lmao : but every shorter has got mc for the past 15 days lol
[2016-06-17 04:28:58] rapidtrades : u can still long here if u get in at the right time
[2016-06-17 04:29:05] ayy_lmao : so choose ur poison
[2016-06-17 04:29:15] rapidtrades : cos fees are only high if premium is high
[2016-06-17 04:29:17] REKT : Liquidated long on `XBTUSD`: Sell 692 @ 778.54
[2016-06-17 04:29:17] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 777.39
[2016-06-17 04:29:23] jet : eh, I'll rather go back to a more transparent platform at 10x leverage then
[2016-06-17 04:29:34] jet : thanks for the input guys, much appreciated
[2016-06-17 04:29:37] ayy_lmao : u just have to close before rebalance to not get rekt on funding
[2016-06-17 04:29:48] rapidtrades : but u have to manage the longs, not just holding
[2016-06-17 04:29:50] ayy_lmao : but that defeats the whole purpose of a 'perpetual' contract
[2016-06-17 04:30:02] jet : exactly
[2016-06-17 04:30:53] jet : I wanna drop in money, check back three days later and not be mc'd even though I made a good call based on the actual price movements
[2016-06-17 04:31:07] jet : so this is easily not for me
[2016-06-17 04:31:09] j8 : it's a floating rate contract, that's how it works. same happens if you borrow at at the flash return rate on bitfinex
[2016-06-17 04:31:20] j8 : it wouldn't be a big deal if rates were reasonable
[2016-06-17 04:31:27] ayy_lmao : ^
[2016-06-17 04:31:31] jet : agreed
[2016-06-17 04:31:45] j8 : they are high because people are willing to pay them
[2016-06-17 04:32:03] jet : but yeah, I joined at a bad time right before rebalance, which I didn't know about
[2016-06-17 04:32:13] jet : but my position was wiped out almost immediately, which is bs
[2016-06-17 04:32:21] rapidtrades : hey at least here u can long here unlike okc
[2016-06-17 04:32:35] jet : I can long 10x on simplefx
[2016-06-17 04:32:46] rapidtrades : k
[2016-06-17 04:32:58] jet : I'd like 50x, but eh, tradeoffs
[2016-06-17 04:35:00] rapidtrades : leverage that high comes with calwbacks so
[2016-06-17 04:35:16] messiaen8844 : jet: cryptofacilities also offer 50x
[2016-06-17 04:35:48] jet : thanks messia, I might give it a shot
[2016-06-17 04:35:57] elmorte : Y'all look good in purple
[2016-06-17 04:36:15] jet : I'm outta here. good luck guys, make the best of the bullmarket
[2016-06-17 04:37:02] rapidtrades : wtf we crashing
[2016-06-17 04:37:34] jet : doesn't change the fact it's a bullmarket
[2016-06-17 04:37:35] jet : yet
[2016-06-17 04:39:51] rapidtrades : i'd rather have a crash now before friday settlement
[2016-06-17 04:40:01] j8 : quarterly panicked and the rest followed
[2016-06-17 04:40:34] Patriarch : What's happening on Friday?
[2016-06-17 04:40:45] rapidtrades : i would panic too if I couldn't buy
[2016-06-17 04:41:11] rapidtrades : Patriarch: all longer-dated futures get marked to a new price...rebalance basically
[2016-06-17 04:41:18] j8 : well it's panic selling because you know no one else can buy.
[2016-06-17 04:41:31] Patriarch : Ahhh
[2016-06-17 04:41:32] rapidtrades : and that point is used to calculate any future DPE
[2016-06-17 04:41:55] Patriarch : With the bull market as is, it's very reminiscent of previous bubbles
[2016-06-17 04:42:04] Patriarch : Looks like it's still got a long way to go before the end of the bubble though
[2016-06-17 04:42:07] rapidtrades : it would suck to get marked at +1000 on sept....down 400 this week alone
[2016-06-17 04:42:41] j8 : that 6% DPE isn't pretty
[2016-06-17 04:43:00] rapidtrades : it's gonna be much worse ont the way down
[2016-06-17 04:44:03] j8 : yeah. i think i'm gonna take minimal positions on futures / swap after this week until the volatility calms down
[2016-06-17 04:44:08] Patriarch : Do you anticipate the bear to begin soon? Given the fundamentals, there's too much support for a bull as yet, aye?
[2016-06-17 04:45:50] rapidtrades : okc shenanigans worry me, could really sink this market temporarily
[2016-06-17 04:46:17] elmorte : they lift that cap on quarterly?
[2016-06-17 04:46:46] j8 : me too, it sucks that they can so easily put a stop to this rally
[2016-06-17 04:46:56] rapidtrades : still at $65 premium so unlikely @elmorte
[2016-06-17 04:46:58] j8 : elmorte: still there, people are selling under it though
[2016-06-17 04:47:14] elmorte : :/
[2016-06-17 04:47:30] j8 : why hold it if it can't go up
[2016-06-17 04:48:02] elmorte : that's really messed up...
[2016-06-17 04:48:18] j8 : probably a lot of the market doesn't even know, and are still gauging sentiment off it
[2016-06-17 04:50:25] rapidtrades : they have to be running some in house bots and they got stuck short during this rally
[2016-06-17 04:50:25] j8 : we can't do another leg up before settlement because that would mean new highs and probably big liquidations, which won't fill if it's capped.
[2016-06-17 04:50:44] sizzurp : is now the time to buy more'
[2016-06-17 04:51:23] j8 : rapidtrades: that's the most likely explanation
[2016-06-17 04:54:23] Mr.Coins : how is it that ETH has went up 3% yet my long from .02809 is in a 30% loss??
[2016-06-17 04:54:56] messiaen8844 : something fucked up ETH swaps, they now run with this huge premium
[2016-06-17 04:55:14] Mr.Coins : oh so p/l is based off of index price?
[2016-06-17 04:55:24] messiaen8844 : mark price
[2016-06-17 04:56:14] Mr.Coins : i see, but can i sell my position for .02899 and still make a profit?
[2016-06-17 04:56:22] Mr.Coins : or do i have to sell it at the mark price?
[2016-06-17 04:56:41] Mr.Coins : i've never traded on here before lol its a bit different from other futures
[2016-06-17 04:56:59] elmorte : Mr.Coins: use a limit order and set your price
[2016-06-17 04:57:15] j8 : mark price is just for unrealised pnl (and margin calls) your realised pnl only depends on the price you trade at
[2016-06-17 04:57:54] Mr.Coins : okay thanks guys
[2016-06-17 04:58:05] elmorte : 2891 seems to be the highest bid atm, so that's what you'd get
[2016-06-17 04:58:10] elmorte : 2897 now
[2016-06-17 04:58:21] Mr.Coins : cool
[2016-06-17 04:58:54] elmorte : And you can price somewhere in between the bid and ask if you don't want to pay the taker fee
[2016-06-17 04:59:02] elmorte : and wait until someone fills your order
[2016-06-17 05:00:07] messiaen8844 : people, beware of XBJ. You enter a position and then market maker removes all orders, it's an outright scam
[2016-06-17 05:00:18] rapidtrades : on biitfinex, will the 'close' button next to my position close everything at market
[2016-06-17 05:01:18] j8 : yeah, just don't press it twice
[2016-06-17 05:02:13] NukeLaloosh : @j8: can the rebalance take more than the margin assigned to that position?
[2016-06-17 05:02:55] j8 : rebalance doesn't take or give, it just moves unrealised pnl to realised
[2016-06-17 05:03:03] j8 : do you mean funding?
[2016-06-17 05:03:59] NukeLaloosh : no, i meant rebalance. Ok right, so it marks the position to Mark Price, which is the new Entry Price, keeps same Liquidation Price
[2016-06-17 05:05:39] j8 : same liquidation price but if you realised some profit, you can remove that and have a closer liquidation price
[2016-06-17 05:05:41] NukeLaloosh : but funding is separate, so total exposure could exceed original margin assigned. is that right?
[2016-06-17 05:06:02] NukeLaloosh : roger that
[2016-06-17 05:06:27] j8 : so two things happen at funding time. longs pay the rate for this session, and the mark price increases based on the rate for the next session
[2016-06-17 05:07:16] j8 : so if the next rate is the same, you pay the funding and have an equal unrealised profit, since the mark price is higher
[2016-06-17 05:08:14] NukeLaloosh : clear. thanks
[2016-06-17 05:09:11] j8 : the rate is only allowed to increase by 0.375%, which is less than the maintenance margin 0.5%, so you can't be liquidated from a single funding event
[2016-06-17 05:11:18] NukeLaloosh : what if you were < .875% margin
[2016-06-17 05:11:31] NukeLaloosh : the .375% takes you below .5%
[2016-06-17 05:11:56] j8 : if you're already close to being liquidated then yes.
[2016-06-17 05:12:18] NukeLaloosh : thanks
[2016-06-17 05:12:28] j8 : np
[2016-06-17 05:12:56] elmorte : The BitMEX calculator rounds up the PNL % to nearest integer...
[2016-06-17 05:13:27] elmorte : Any way to adjust that @Bitmex_Sam?
[2016-06-17 05:14:44] hi : which countries you acepting to btc
[2016-06-17 05:14:46] hi : ?
[2016-06-17 05:15:22] BitMEX_Wally : elmorte: I'll fix that
[2016-06-17 05:15:26] elmorte : hi: you should be OK
[2016-06-17 05:15:30] elmorte : BitMEX_Wally: cheers mate
[2016-06-17 05:16:01] hi : which countries you'e acepting to trade in your platform?
[2016-06-17 05:17:23] hi : BitMEX_Wally:which countries you'e acepting to trade in your platform?
[2016-06-17 05:18:16] elmorte : hi: Unless you're in the USA, I wouldn't worry
[2016-06-17 05:18:55] elmorte : or from the USA
[2016-06-17 05:19:46] hi : no i'm in china but i don't understand from which contries we can deposited
[2016-06-17 05:20:01] REKT : Liquidated long on `XBTUSD`: Sell 60 @ 769.12
[2016-06-17 05:21:12] laisee : hi: there is no fiat deposit, only Bitcoin
[2016-06-17 05:21:41] BitMEX_Wally : hi: Sometimes we incorrectly detect Chinese users as US, if this happened to you please email support@bitmex.com
[2016-06-17 05:23:46] BitMEX_Wally : messiaen8844: Liquidity on XBJ24H seems to have improved
[2016-06-17 05:24:55] messiaen8844 : it's not about improving.. it's about having 0 liquidity and trapping you, you guys should remove this contract
[2016-06-17 05:25:23] messiaen8844 : you can't have 100x doing that
[2016-06-17 05:25:47] REKT : Liquidated long on `XBTUSD`: Sell 12000 @ 767.58
[2016-06-17 05:26:07] REKT : Liquidated long on `XBTUSD`: Sell 146 @ 766.83
[2016-06-17 05:26:36] REKT : Liquidated long on `XBTUSD`: Sell 12500 @ 765.63
[2016-06-17 05:26:52] elmorte : BitMEX_Wally: how come all the usernames are uniform now? CCP orders?
[2016-06-17 05:27:17] REKT : :btc: :soon: :toilet:
[2016-06-17 05:27:17] REKT : Liquidated long on `XBTUSD`: Sell 8500 @ 764.57