BitMEX Trollbox Userinfo

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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.

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[2015-08-18 02:51:48] BitMEX_Sam : Thanks for the suggestion. I'll add that.
[2015-08-18 02:52:12] miratrader : BitMEX_Sam: thanks!
[2015-08-18 03:05:20] krtek.net : I can sell into my own bid, interesting.
[2015-08-18 03:07:16] BitMEX_Sam : krtek.net: Yeah, you've been able to do that since the very beginning. We thought about refusing to execute it and canceling the order, but we think it just doesn't matter enough to address it. There's no incentive to wash trade and if you really wanted to, you could create multiple accounts.
[2015-08-18 03:07:35] BitMEX_Sam : Since we don't mark to last price, wash trading has no benefit aside from costing you commissions.
[2015-08-18 03:08:09] BitMEX_Sam : @miratrader: Announcements are moved
[2015-08-18 03:08:11] lnovy`` : and can be detected via open interest
[2015-08-18 03:08:19] BitMEX_Sam : Inovy: Yes, definitely
[2015-08-18 03:08:32] BitMEX_Sam : lnovy``, sorry :)
[2015-08-18 03:08:47] STRML : That I looks the same as an l in our font
[2015-08-18 03:09:20] lnovy`` : my irssi highlights most of the permutations :) and I'm used to :)
[2015-08-18 03:09:45] miratrader : BitMEX_Sam: thank you for moving the Announcements panel!
[2015-08-18 03:10:31] lnovy`` : You can google Lukas Novy, if you are to never make that mistake again :)
[2015-08-18 03:10:52] BitMEX_Sam : The pastafarian?
[2015-08-18 03:11:10] krtek.net : yep, that is me :)
[2015-08-18 03:15:31] miratrader : I can go to sleep, thanks to stop limit orders :-)
[2015-08-18 03:15:39] BitMEX_Sam : krtek.net: That's awesome, you just made all of us laugh quite a bit
[2015-08-18 03:15:58] BitMEX_Sam : We all remember the article
[2015-08-18 03:17:00] krtek.net : well... smile is ok, but if you are laughting, you had probably never got it. It is a serious matter.
[2015-08-18 03:18:12] krtek.net : Quick explanation: https://www.youtube.com/watch?v=I71aDgV75oc
[2015-08-18 03:18:57] krtek.net : And the proper one directly from Niko: https://www.youtube.com/watch?v=VjQ3ufqnf-M
[2015-08-18 04:25:20] lolcookie : yay stop limit
[2015-08-18 05:21:15] miratrader : BitMEX_Sam: Recent Trades list doesn't show the date, only time. For rarely traded instruments like XBU24H we need the date as well, there is enough space to put the date there.
[2015-08-18 06:19:21] GAmma : hmm..
[2015-08-18 06:19:52] GAmma : I've submitted an order on XBTU15 but not reflected in the ordebook
[2015-08-18 06:20:16] GAmma : I"m the best bid but I don't see it posted
[2015-08-18 06:20:30] GAmma : someone from Bitmex can take a look?
[2015-08-18 06:20:55] GAmma : XBTU15 I just bid at 271.25
[2015-08-18 06:21:02] TrevinHofmann : 250?
[2015-08-18 06:21:04] TrevinHofmann : I see it.
[2015-08-18 06:21:29] GAmma : ok ... not sure why I don't ...
[2015-08-18 06:21:52] GAmma : I got weak wireless connection, maybe that is why
[2015-08-18 06:22:57] GAmma : I see it now, thks. Issue is on my end.
[2015-08-18 06:23:47] gustavo7 : 95% margin used, should i do something?
[2015-08-18 06:23:59] TrevinHofmann : You should probably try to lower that.
[2015-08-18 06:24:27] TrevinHofmann : Sell (or buy back) some contracts if you want to avoid a margin call.
[2015-08-18 06:24:49] krtek.net : try to provide liqudity, or you will get ruined
[2015-08-18 06:25:48] TrevinHofmann : Well, that's a strange bug.
[2015-08-18 06:26:05] gustavo7 : ye i'm still confused how i can put up orders across the book but them are actually in danger of getting canceled
[2015-08-18 06:26:47] TrevinHofmann : gustavo, do you have a position that puts you at 95% margin use? Or do you just have a lot of open offers
[2015-08-18 06:26:51] gustavo7 : on 796 i know exactly when i can put orders because it takes a bit of balance and thats it
[2015-08-18 06:27:24] gustavo7 : positions are good, but i got some orders for scooping
[2015-08-18 06:27:38] TrevinHofmann : gustavo7: Hit the settings on the top right, and check "Advanced" for the layout.
[2015-08-18 06:27:51] TrevinHofmann : Then go to the "Advanced Margin Details" tab
[2015-08-18 06:27:58] TrevinHofmann : It shows a really nice layout of your margin.
[2015-08-18 06:28:29] TrevinHofmann : You can also get to it with Account / Wallet -> Wallet
[2015-08-18 06:28:56] gustavo7 : i know, thats where i saw the percentage
[2015-08-18 06:29:01] TrevinHofmann : Ah
[2015-08-18 06:38:35] gustavo7 : i'm back in half a hour
[2015-08-18 06:38:48] gustavo7 : 70% good for now
[2015-08-18 07:19:34] gustavo7 : so short open 260, close 250, long open 240 and "all" margin used - will i need more margin when it moves to 280?
[2015-08-18 12:19:52] ksinvest : somebody sold my mm bot 255 contracts on XBU24H for 256.62 just 54 seconds before settlement (256.90) . Thanks, but why?
[2015-08-18 12:49:10] krtek.net : ntp stratum 15 :)
[2015-08-18 14:30:25] krtek.net : mind-boggles
[2015-08-18 14:30:40] BitMEX_Arthur : whats up?
[2015-08-18 14:31:10] krtek.net : ETH7D, after the price reached 501, somebody sold 332 contracts :)
[2015-08-18 14:47:20] rauher4lyfe : so these are futures contracts with actual bitcoins as the underlying commodity?
[2015-08-18 14:50:32] gustavo7 : yes, you can't send altcoins here
[2015-08-18 14:57:38] krtek.net : ether-bears be like :) https://www.youtube.com/watch?v=31g0YE61PLQ
[2015-08-18 15:12:39] gustavo7 : bought at .00444 :)
[2015-08-18 15:18:14] krtek.net : Mine has average entry of 459 now :)
[2015-08-18 16:33:45] Blargwaffle : Hovering over the price adjustment % shows a cut-off tooltip.
[2015-08-18 16:43:59] krtek.net : Yep,, if about 50 % of the toolip fits the screen, it is placed above the link, thus gets cut off
[2015-08-18 16:47:43] krtek.net : as whole, tooltips are very inconsitent, sometimes they are hinted with question mark, sometimes not. And chat input field tooltip has broken rendering.
[2015-08-18 16:48:14] krtek.net : &gox;
[2015-08-18 16:48:19] krtek.net : `gox`
[2015-08-18 16:53:11] lnovy : ctcp ACTION is not displayed in the webchat.
[2015-08-18 16:57:17] lnovy : and maybe you could make the BitMEX_Chat forward webchat messages to channel as ctcp actions too, IMO it would look more natural.
[2015-08-18 19:54:54] j8 : DPE may need some tweaks. the loss on `XBTQ15` is quite high for only about 6.5% movement since friday
[2015-08-18 19:58:51] j8 : 6% actually comparing the mark price to the last rebalance price.
[2015-08-18 20:19:27] SnackyCoins : just bought the shit out of this
[2015-08-18 20:19:33] SnackyCoins : god i love this website
[2015-08-18 20:34:20] cengel : j8: thats going to be a bummer
[2015-08-18 20:36:33] BitMEX_Arthur : j8: The basis can also change as well
[2015-08-18 20:36:45] BitMEX_Arthur : Given the Gamma premium, the basis can be quite volatile
[2015-08-18 20:39:41] j8 : the point is, no one wants to trade markets that have a reputation of large socialized losses
[2015-08-18 20:40:20] j8 : it means that given the liquidity, the leverage is too high / maintenance margin too low
[2015-08-18 20:42:20] BitMEX_Arthur : There are still 3 trading days until settlement, plenty of time for a mean reversion
[2015-08-18 20:43:35] cengel : also room for it to fall more and worsen DPE
[2015-08-18 20:43:39] j8 : if it's 18% now, it's about as likely to go to 36% as 0%.
[2015-08-18 20:43:47] cengel : +1
[2015-08-18 20:43:59] cengel : but this is the rules of game we chose to play
[2015-08-18 20:44:04] cengel : not going to cry about it
[2015-08-18 20:44:16] BitMEX_Arthur : Agreed, XBU has gteed settlement and look at the difference in trading volume
[2015-08-18 20:45:02] j8 : with 18% tax, i don't want to open new positions, because my losses are 100% and my gains are only 82%
[2015-08-18 20:45:22] j8 : it's a downward liquidity spiral
[2015-08-18 20:45:35] cengel : it has been the most liquid contract that follows spot close enough
[2015-08-18 20:46:30] j8 : BitMEX_Arthur: can you clarify something. forced liquidations are limit orders placed at the liquidation price, or the bankruptcy price?
[2015-08-18 20:46:54] BitMEX_Arthur : They are placed between the liquidation and bankruptcy price, we have discretion
[2015-08-18 20:47:31] j8 : i see.
[2015-08-18 20:47:41] cengel : @Arthur what about adjusting withheld profit for the DPE to give a better picture of expected profit
[2015-08-18 20:47:56] cengel : in the margin breakdo
[2015-08-18 20:48:22] BitMEX_Arthur : Imo that will cause more confusion
[2015-08-18 20:51:30] cengel : since the order controls expanded the UI feels a bit cramped
[2015-08-18 20:52:11] BitMEX_Arthur : cengel: on which view?
[2015-08-18 20:52:36] cengel : advance
[2015-08-18 20:52:48] cengel : i was told it would never change if we llike it
[2015-08-18 20:53:17] BitMEX_Arthur : well we had to change things to fit new order types
[2015-08-18 20:53:36] BitMEX_Arthur : We are toying around with changing the way we display announcements
[2015-08-18 20:53:41] BitMEX_Arthur : that should free up some space
[2015-08-18 20:53:42] cengel : yea thats understandable of course. but it also make things a little cramped
[2015-08-18 20:54:40] cengel : maybe if the whole left panel can be hidden that would give enough spac
[2015-08-18 20:55:01] cengel : from what i can see it can be hidden up but not side
[2015-08-18 20:56:37] gustavo7 : i think the use of tabs is great
[2015-08-18 20:57:35] gustavo7 : what would be really great? cancelling your orders that you see in the book
[2015-08-18 20:58:31] BitMEX_Arthur : gustavo7: From where?
[2015-08-18 20:59:14] gustavo7 : "Orderbook", you see you entries, why not have a little X next to snipe them
[2015-08-18 21:00:07] BitMEX_Arthur : gustavo7: We are discussing making the cancel button bigger
[2015-08-18 21:00:57] cengel : gustavo, that is a good idea
[2015-08-18 21:01:47] BitMEX_Arthur : It might work better if we had a vertical order book for the advanced view
[2015-08-18 21:03:25] gustavo7 : basic layout should be easy, advanced should be speedy
[2015-08-18 21:05:22] miratrader : BitMEX_Arthur: withheld profit on the margin status view does not include unrealized PNL, does it?
[2015-08-18 21:08:59] miratrader : looks like it does, just want to confirm
[2015-08-18 21:09:13] j8 : i don't think so
[2015-08-18 21:10:04] j8 : oh maybe
[2015-08-18 21:10:59] BitMEX_Arthur : It does
[2015-08-18 21:11:07] BitMEX_Arthur : It's realised + unrealised
[2015-08-18 21:11:26] miratrader : ok, thanks
[2015-08-18 21:28:02] GAmma : Arthur - I know everybody and their brother's uncle has their own wish list. Here's my modest wish (lol):
[2015-08-18 21:28:50] GAmma : on the 'contract details' window we have Expiry, Liquidation Price, Profit Adj, Max leverage
[2015-08-18 21:29:26] GAmma : we might also add Contracts Outstanding & 24hr volume
[2015-08-18 21:30:22] GAmma : that is my only hangup here sometimes is thin volume, so those are figures I'd like to keep aware of ...
[2015-08-18 21:31:43] GAmma : esp. with XBT series I look across the several contracts for best opportunities ... contracts out/vol would factor into my decision making
[2015-08-18 21:31:59] BitMEX_Arthur : You have open interest
[2015-08-18 21:32:12] BitMEX_Arthur : What view are you talking about ?
[2015-08-18 21:32:22] GAmma : I use basic view
[2015-08-18 21:32:34] GAmma : I know can find it with 'full details'
[2015-08-18 21:32:47] BitMEX_Arthur : GAmma: I suggest you try the advanced view
[2015-08-18 21:34:30] GAmma : Ok I see, that works thks ...
[2015-08-18 21:39:44] GAmma : lol
[2015-08-18 21:40:50] GAmma : its refereshing to see a btc related site run so well
[2015-08-18 21:48:16] BitMEX_Arthur : Thanks we appreciate the feedback
[2015-08-18 23:16:35] GAmma : so 'withheld profit' should always go to zero upon the friday settlement/rebalancing?
[2015-08-18 23:16:42] BitMEX_Arthur : correct
[2015-08-18 23:16:48] GAmma : ok
[2015-08-18 23:19:25] GAmma : XBTQ15 DPE is 20% now. Seems pretty big for only 4 trading days (since last Friday)
[2015-08-18 23:19:59] GAmma : you don't liquidate people for margin call?
[2015-08-18 23:20:16] BitMEX_Arthur : We do but they are limit orders not market orders.
[2015-08-18 23:20:49] GAmma : ok ... could be in trouble here, Im thinking btc could really crash due to forking debate/issues
[2015-08-18 23:20:59] BitMEX_Arthur : Also futures prices are made up of spot movement, plus a basis component
[2015-08-18 23:21:18] BitMEX_Arthur : And with `XBT` type contracts, there is significant basis due to the USD gamma
[2015-08-18 23:21:46] GAmma : I don't have XBT exposure this week ... I'm short other contracts ...
[2015-08-18 23:24:16] GAmma : XBTQ I mean ..
[2015-08-18 23:27:24] GAmma : love Sam's letters ... he called the btc 300 top, and then the Yuan devaluation...
[2015-08-18 23:28:24] GAmma : big crash here due to forking, wish I had shorted more earlier ...
[2015-08-18 23:31:44] GAmma : beautiful move ....
[2015-08-18 23:32:13] BitMEX_Arthur : Rolling over
[2015-08-18 23:33:41] GAmma : to layman's ears this forking issue sounds like an existential threat.
[2015-08-18 23:34:32] GAmma : eth/xbt higher solely on xbt collapse
[2015-08-18 23:36:50] GAmma : taking profits here, I'm definitely early, but maybe we get a re-entry pt
[2015-08-18 23:37:34] GAmma : wow
[2015-08-18 23:38:48] j8 : omg
[2015-08-18 23:39:41] Blargwaffle : Ah, tidy profit.
[2015-08-18 23:40:19] GAmma : XBTQ DPE at 45%
[2015-08-18 23:40:20] GAmma : lol
[2015-08-18 23:40:50] GAmma : XBTU the place to be
[2015-08-18 23:41:11] j8 : i just got margin called on `XBTU15` big time
[2015-08-18 23:41:31] j8 : managed to isolate it just in time
[2015-08-18 23:41:34] j8 : jesus.
[2015-08-18 23:41:42] GAmma : 12240 must be you .. sorry dude
[2015-08-18 23:42:19] j8 : maybe liek 6000
[2015-08-18 23:42:26] j8 : dunno i had bids too.
[2015-08-18 23:42:28] j8 : dont worry
[2015-08-18 23:42:33] j8 : i bought bvol
[2015-08-18 23:43:07] j8 : avg 2.18 mark price 12.33
[2015-08-18 23:43:50] TraderStefan : Wow, profit adjustment on XBTQ15 up to 41.9%
[2015-08-18 23:44:02] j8 : i dunno whats goin on right now
[2015-08-18 23:44:18] Swedishnut : goofy stuff everywhere
[2015-08-18 23:44:24] GAmma : forking is existentian issue for btc ... one interpretation
[2015-08-18 23:44:32] GAmma : existential
[2015-08-18 23:46:17] GAmma : wow
[2015-08-18 23:46:25] j8 : i can't believe i managed to isolate all my positions in time.
[2015-08-18 23:46:48] GAmma : short, and took profits at 252
[2015-08-18 23:46:56] j8 : longs blown, left with some decent shorts
[2015-08-18 23:47:41] j8 : oh my.
[2015-08-18 23:48:26] Blargwaffle : Lynch Hearn, grr!
[2015-08-18 23:50:21] Blargwaffle : ;P
[2015-08-18 23:50:56] TraderStefan : And they just had to switch off my internet connection today didn't they. Using 3G from phone now
[2015-08-18 23:52:16] BitMEX_Sam : Total insanity
[2015-08-18 23:52:30] null : @Bitmex: How quickly can you process withdrawal? Im trying to go long here but no liquidity, need to move to bitfinex asap
[2015-08-18 23:52:36] null : @BitMEX_Sam
[2015-08-18 23:52:43] BitMEX_Sam : @null Place one, I'll make sure it gets run
[2015-08-18 23:54:14] TraderStefan : I believe we have taken out the January lows on BitFinex
[2015-08-18 23:55:52] null : @BitMEX_Sam: done
[2015-08-18 23:56:23] Blargwaffle : This place needs options, coinut's crapped out on me.
[2015-08-18 23:58:12] BitMEX_Sam : null: I see it, need a minute to pass it around
[2015-08-18 23:58:52] GAmma : can we manage a decent bounce here?
[2015-08-18 23:59:13] null : BitMEX_Sam: thank you very much Sam
[2015-08-19 00:00:00] miratrader : oh wow, that was something on Bitfenix. I'm so glad I don't do any manual trading there.
[2015-08-19 00:02:22] TraderStefan : Okcoin.cn trading at 1465 CNY which equals $229 USD. I.e much higher than finex
[2015-08-19 00:04:01] BitMEX_Sam : We're seeing bad data from finex, orderbook doesn't match recent trades in UI
[2015-08-19 00:04:23] null : BitMEX_Sam: I'm trying to buy on finex, but no luck
[2015-08-19 00:04:31] Blargwaffle : Too late.
[2015-08-19 00:04:34] null : I think there was a cascading margin call or something
[2015-08-19 00:04:54] j8 : oh my
[2015-08-19 00:04:58] miratrader : no, the engine is broken
[2015-08-19 00:06:26] miratrader : our bots made 230% today according to finex but all trades are screwed up. Like our bot just sold at @244, I don't think it's possible
[2015-08-19 00:09:31] null : I stopped my lending bots, and the dramatic events have made 50% of swaps close, so I have cash to buy. But too late :S
[2015-08-19 00:10:36] miratrader : our bots were getting fills with $50 spreads within seconds
[2015-08-19 00:11:30] miratrader : like buy @173 sell @226 6 seconds apart
[2015-08-19 00:12:09] null : if this is bitfinex engine fail, maybe this is the end of them. Wish people came to mex
[2015-08-19 00:12:29] SnackyCoins : sam
[2015-08-19 00:12:32] SnackyCoins : help
[2015-08-19 00:12:37] SnackyCoins : how long do i have to deposit
[2015-08-19 00:13:28] SnackyCoins : im sending funds please dont liquidate
[2015-08-19 00:13:33] GAmma : so if I make money on the long side of XBTQ15 do I still take a haircut for DPE?
[2015-08-19 00:14:38] BitMEX_Wally : SnackyCoins: After 1 confirmation
[2015-08-19 00:14:55] SnackyCoins : yeah but this bullshit at finex is put me in margin call here
[2015-08-19 00:14:59] SnackyCoins : how long do i have until that acts
[2015-08-19 00:15:09] SnackyCoins : ive already requested the withdrawl from finex
[2015-08-19 00:15:21] SnackyCoins : actually suddenly im not in MC anymore
[2015-08-19 00:15:28] SnackyCoins : man this is nuts
[2015-08-19 00:16:26] GAmma : somebody sold 10134 XBTU15 contracts at 192
[2015-08-19 00:16:37] GAmma : that is a margin call I'm guessing
[2015-08-19 00:18:09] j8 : i would imagine
[2015-08-19 00:21:55] BitMEX_Wally : SnackyCoins: When we see pending deposits on the blockchain we halt liquidation for that user (at our discretion)
[2015-08-19 00:22:26] SnackyCoins : Thanks, I think i'm okay now, for future reference what is the time between notification and actual liquidation?
[2015-08-19 00:22:35] cengel : it looks like all the insanity is isolated to bitfinex
[2015-08-19 00:22:52] Blargwaffle : gox pox
[2015-08-19 00:23:39] cowtung : eth is life
[2015-08-19 00:30:38] SnackyCoins : Wally, it's flipped me into MC mode again, I have multiple deposits on the way
[2015-08-19 00:31:04] SnackyCoins : all from bfx though which i'm sure is getting slammed
[2015-08-19 00:31:23] SnackyCoins : fuck, just got liquidated some
[2015-08-19 00:31:33] SnackyCoins : I'd like to request BFX no longer be the index for this exchange also
[2015-08-19 00:31:56] SnackyCoins : .... lol @ wordfilter
[2015-08-19 00:32:58] SnackyCoins : ALL of my bfx funds are coming over here
[2015-08-19 00:33:24] BitMEX_Arthur : SnackyCoins: The formal switch has just been moved up due to today
[2015-08-19 00:33:56] SnackyCoins : who's the replacement?
[2015-08-19 00:35:12] BitMEX_Arthur : XBX Index on Tradeblock
[2015-08-19 00:35:24] cengel : for volatility too?
[2015-08-19 00:35:33] BitMEX_Arthur : yes any XBTUSD product
[2015-08-19 00:38:20] j8 : that will be interesting. do you know if theres historical data publicly available?
[2015-08-19 00:40:29] cengel : everyone ready for settlement Friday? *ducks*
[2015-08-19 00:41:08] BitMEX_Wally : j8: We have already started recording `.XBX` data so can make 7 days of history available
[2015-08-19 00:41:26] BitMEX_Wally : It is a weighted index of Coinbase, Bitstamp, OKCoin, Bitfinex, etc
[2015-08-19 00:42:08] j8 : yeah, it's somewhat complicated and the actual formula is proprietary, right?
[2015-08-19 00:42:19] j8 : the formula for the weights.
[2015-08-19 00:42:49] SnackyCoins : Forewarning for MC, not fully liqidating accounts... this is the most legit exchange in all BTC 8)
[2015-08-19 00:49:07] BitMEX_Wally : j8: Yes it is proprietary but they do give us the weights
[2015-08-19 00:51:50] cowtung : is finex on core or xt?
[2015-08-19 00:52:44] BitMEX_Wally : cowtung: They're the same thing until January
[2015-08-19 00:52:56] BitMEX_Wally : Not sure if they've publicly stated a position
[2015-08-19 00:54:40] SnackyCoins : BTCChina has stated they are staying on core
[2015-08-19 00:54:52] SnackyCoins : they also stated the "chinese mining community" is staying core as well
[2015-08-19 01:11:31] cengel : @j8 so i guess it chose the 32% instead of 0%
[2015-08-19 01:11:49] j8 : haha yeah...
[2015-08-19 01:12:12] j8 : arthur was being optimistic.
[2015-08-19 01:13:04] j8 : surprised to see `BVOL24H` with no adjustment
[2015-08-19 01:13:54] cengel : yea i hope ks' bot held out okay
[2015-08-19 01:14:30] j8 : yeah wonder if he ever got around to that killswitch...
[2015-08-19 01:14:54] cengel : BVOL24H was empty when i checked
[2015-08-19 01:15:02] cengel : 7D had asks though
[2015-08-19 01:15:09] cengel : and that's on 40% socl osses too
[2015-08-19 01:15:14] j8 : yeah i was furiously trying to free up margin to buy everything
[2015-08-19 01:15:30] j8 : meanwhile getting margin called elsewhere
[2015-08-19 01:15:53] cengel : i should have caught the margincalls sub200 but finex was scaring me
[2015-08-19 01:16:05] cengel : on XBTQ15 and U15
[2015-08-19 01:16:33] BitMEX_Arthur : We will probably drift lower but I am calling a double bottom
[2015-08-19 01:16:45] BitMEX_Arthur : and we go higher after some consolidation around $200
[2015-08-19 01:17:53] j8 : pgp from finex is talking on whaleclub right now.
[2015-08-19 01:19:10] miratrader : BitMEX_Arthur: for what it's worth our long-term prediction algo closed shorts on finex at ~190 and flat now, not re-shorting ATM. So I expect some consolidation in 190-210 range
[2015-08-19 01:20:54] miratrader : I would say another $15-20 drop likely but you have to be careful here
[2015-08-19 01:22:55] BitMEX_Arthur : yeah i agree
[2015-08-19 01:23:09] BitMEX_Arthur : but i don't think you will get another bite at 160
[2015-08-19 01:23:52] ssa3512 : did someone decide to market sell ~10000 btc or something?
[2015-08-19 01:24:21] miratrader : No, I don't think another huge drop is likely but personally I'm letting my shorts here on BitMEX ride a bit more. This is not a financial advise :-)
[2015-08-19 01:25:59] miratrader : ssa3512: big margin calls on finex plus matching engine problems causing wild swings
[2015-08-19 01:26:19] j8 : ssa3512: the biggest 1-minute candle of that drop was a little under 3000 btc
[2015-08-19 01:27:04] j8 : sounds like people's orders were going through mutliple times
[2015-08-19 01:27:14] ssa3512 : ouch
[2015-08-19 01:27:38] j8 : they kept clicking the button thinking it wasn't going through.
[2015-08-19 01:27:50] miratrader : It the same problem I was reporting on reddit: your orders go through right away but your position is not updated until 10-15 minutes later
[2015-08-19 01:28:14] ssa3512 : 24h USD swap change -6.1M
[2015-08-19 01:28:23] ssa3512 : somebody is hurting real bad
[2015-08-19 01:29:47] miratrader : it's one of the reasons we use our own position tracking in all our bots, you just can't believe what the exchanges are telling you
[2015-08-19 01:29:58] ssa3512 : I sold 2.4 BTC at 252.81 earlier today just for hedging purposes. feeling pretty good about that right now
[2015-08-19 01:33:44] j8 : yeah i had a hedged position, one side got wiped out.
[2015-08-19 01:39:54] wahwhowah : Why the big mismatch in prices for the Aug 21st contracts and the Aug 28?
[2015-08-19 01:46:30] j8 : just a big spread on `XBT7D`
[2015-08-19 02:34:47] muirtastic : wow some people made a killing today on futures contracts
[2015-08-19 02:36:59] GAmma : I started shorting about 24 hrs ago, just didn't go big enough or let it run long enough ...
[2015-08-19 02:39:39] cengel : @muirtastic yes and cant make a killing without leaving some dea
[2015-08-19 02:39:46] cengel : dead bodies
[2015-08-19 02:41:45] BitMEX_Arthur : BitMEX futures contracts are now available on TradingView
[2015-08-19 02:45:05] j8 : not showing up in the search for me.
[2015-08-19 02:46:28] j8 : maybe its mid rollout
[2015-08-19 02:49:52] BitMEX_Arthur : search "BitMEX" in the search box
[2015-08-19 02:50:02] BitMEX_Arthur : you will see all the contracts they support come up
[2015-08-19 02:53:40] j8 : aha they do now!
[2015-08-19 02:57:17] j8 : great.
[2015-08-19 03:01:32] muirtastic : GAmma: yes I shorted and covered way too early
[2015-08-19 03:02:59] muirtastic : I'm new to this site and this exchange but looks like it has potential...been looking for another one to use and I love the idea of the futures contracts.
[2015-08-19 03:03:28] BitMEX_Arthur : If you have any questions please let us know
[2015-08-19 03:08:47] muirtastic : Thanks will do
[2015-08-19 03:13:18] j8 : UI bug on advanced view: the open orders per contract shows the wrong count in the label.
[2015-08-19 03:14:12] j8 : i.e. `XBTQ15 Orders [8]`
[2015-08-19 03:14:29] j8 : but i have 8 orders total and none on `XBTQ15`
[2015-08-19 03:20:33] BitMEX_Arthur : Thanks will take a look at that
[2015-08-19 03:27:43] cengel : you guys could not ask for a better test of DPE than this
[2015-08-19 03:28:32] BitMEX_Wally : 25x leverage means a 4% move can cause a bankruptcy
[2015-08-19 03:29:00] BitMEX_Wally : Most contracts are down at least 10%
[2015-08-19 03:32:13] j8 : a dump with no retrace is the best test.
[2015-08-19 03:33:22] j8 : doesn't seem like much loss was added at all aside from the liquidations that were in before the dump.
[2015-08-19 03:33:46] STRML : j8: A fix for that is deploying now
[2015-08-19 03:33:50] STRML : Thanks for the notice
[2015-08-19 03:33:54] j8 : np
[2015-08-19 04:01:18] Swisswatcher : BitMEX_Wally: hi
[2015-08-19 04:01:28] Swisswatcher : I got a question
[2015-08-19 04:02:00] Swisswatcher : XBU24H
[2015-08-19 04:02:30] BitMEX_Wally : Swisswatcher: Hi, how can I help?
[2015-08-19 04:02:47] Swisswatcher : I bought XBU24H
[2015-08-19 04:02:58] Swisswatcher : what time do they expire?
[2015-08-19 04:03:14] Swisswatcher : and is there something that I can do against the expiration?
[2015-08-19 04:03:25] BitMEX_Wally : They expire every day at 12:00 GMT
[2015-08-19 04:03:36] BitMEX_Wally : SO that is in 8 hours time
[2015-08-19 04:04:01] Swisswatcher : so possible to roll them over automaticly?
[2015-08-19 04:04:12] BitMEX_Wally : Not at the moment, no
[2015-08-19 04:04:49] BitMEX_Wally : Have a look at `XBUQ15` if you want to hold longer
[2015-08-19 04:06:29] Swisswatcher : and where can I find them?
[2015-08-19 04:06:52] BitMEX_Wally : Click on `28 Aug 2015`
[2015-08-19 04:06:59] BitMEX_Wally : Or this link https://www.bitmex.com/app/trade/XBUQ15
[2015-08-19 04:09:45] Swisswatcher : so I bought 1 XBUQ15
[2015-08-19 04:09:52] Swisswatcher : what is the value of it?
[2015-08-19 04:10:00] Swisswatcher : 100$?
[2015-08-19 04:11:57] null : Swisswatcher: https://www.bitmex.com/app/seriesGuide/XBU
[2015-08-19 04:12:14] j8 : yes is the short answer.
[2015-08-19 04:12:47] BitMEX_Wally : Yes, it is always worth $100 in Bitcoin
[2015-08-19 04:13:11] krtek.net : Suggestions: - make `SYMBOLS` clickable (maybe later even with a configurable landing action in user options?) - open bitmex links in the same window - parse bitmex links and map the route back to a view title/name, display it as `SYMBOL` if relevant - make `SYMBOL1 subsccribe to ticker updates and live update them with the last price -
[2015-08-19 04:13:57] BitMEX_Wally : Good idea
[2015-08-19 04:14:41] krtek.net : And I'm not sure if you caught it from the log, I was suggesting some irc bot improvements.
[2015-08-19 04:30:23] j8 : would be interested to see what the tradeblock XBX index did today. best i can see from the 1 hour chart is the index was at 220.85 when bitfinex was at 194.52 and the rest were around 221
[2015-08-19 04:31:30] j8 : even though bitfinex had 2-3 times more volume than the rest combined.
[2015-08-19 04:37:17] btcedlo : btw is there a place i can see the open interest of the contract?
[2015-08-19 04:38:11] j8 : either click Full Details or switch to advanced view
[2015-08-19 05:17:54] genesis : hey
[2015-08-19 05:18:08] genesis : let's get some depth to these order books!
[2015-08-19 05:23:04] gustavo7 : i'd like to but i just woke up and my ta is WTF
[2015-08-19 05:25:17] gustavo7 : holy moly bitfinex
[2015-08-19 05:25:30] genesis : right
[2015-08-19 05:25:51] j8 : quite the day.
[2015-08-19 05:26:25] genesis : I haven't used bitmex before but am pretty impressed so far
[2015-08-19 05:26:54] j8 : there were some scary moments when the buy side on bitfinex was just empty.
[2015-08-19 05:27:14] genesis : at one point I saw something like 800 coins down to 100
[2015-08-19 05:27:43] cengel : yea thats what made me hesitate to scoop up the liquidation orders
[2015-08-19 05:28:04] cengel : on XBTQ15 there was a dcent block going for 190
[2015-08-19 05:28:18] genesis : I was trying to get a fill on 20x Okcoin
[2015-08-19 05:28:19] genesis : and got fucked
[2015-08-19 05:28:23] cengel : but the price was at 160 so i was not jumping to fill it
[2015-08-19 05:28:26] genesis : ie, bid way above market to try to ensure a fill, and never got filled..
[2015-08-19 05:28:44] genesis : haha 'gently caressed' nice
[2015-08-19 05:28:53] genesis : anyway, now I am here
[2015-08-19 05:28:59] genesis : goodbye okcoin
[2015-08-19 05:29:15] SnackyCoins : bitmex is best mex 8)
[2015-08-19 05:30:19] gustavo7 : god i just realized how lucky i was, sold my shorts at 244 (could be better) but removed the "long scalp catchers" at 240 (could be way worse)
[2015-08-19 05:35:55] lolcookie : yay i made btc on the drop but lost money overall
[2015-08-19 05:37:02] lolcookie : used to having my holdings in USD
[2015-08-19 05:37:26] lolcookie : need to remember to short more aggressively and long a little less
[2015-08-19 05:37:57] j8 : its true, if you want to be price neutral you need to hedge your holdings
[2015-08-19 05:38:55] lolcookie : you need a fair amount of btc as well so you dont get margin called if someone buys 10 coins
[2015-08-19 05:39:08] j8 : we have a big buyer on `XBTZ15`
[2015-08-19 05:39:37] lolcookie : they bought on XBTU15 asd well
[2015-08-19 05:40:06] lolcookie : 4k then 4k on z15
[2015-08-19 05:40:23] j8 : 35000 bid on
[2015-08-19 05:41:17] lolcookie : ah I see
[2015-08-19 05:41:24] lolcookie : thats interesting
[2015-08-19 05:41:54] lolcookie : maybe they think after the FUD is over btc will go up
[2015-08-19 05:42:44] lolcookie : that 220 low on 7d was crazy
[2015-08-19 05:43:00] genesis : what does 35,000 contracts equate to?
[2015-08-19 05:43:11] j8 : mmm 89.25 XBT
[2015-08-19 05:43:12] lolcookie : im hoping for a little more price action in that direction but wont mnd being wrong
[2015-08-19 05:43:27] TrevinHofmann : genesis: Click the order and it says in the order controls
[2015-08-19 05:43:40] genesis : got it, thanks TrevinHofmann
[2015-08-19 05:43:54] lolcookie : only need 5.6 coin of margin tho
[2015-08-19 05:44:03] TrevinHofmann : with 25x margin, though, yes.
[2015-08-19 05:44:13] lolcookie : id be impressed if the order was 10x that
[2015-08-19 05:44:50] lolcookie : its just a 1k bet, spend more at the casino on a bad night
[2015-08-19 05:45:49] j8 : you know what, this guy's right.
[2015-08-19 05:46:05] genesis : yup
[2015-08-19 05:46:06] genesis : haha
[2015-08-19 05:47:23] j8 : hmm thats odd.
[2015-08-19 05:48:22] j8 : i just got liquidated for 48 contracts right after placing the order
[2015-08-19 05:49:50] krtek.net : XBTZ15?
[2015-08-19 05:49:54] j8 : yeah
[2015-08-19 05:50:19] j8 : i was short 452, bought 500
[2015-08-19 05:50:32] j8 : but the extra 48 put me into liquidation apparently?
[2015-08-19 05:51:27] j8 : seems like it should have been a rejected order
[2015-08-19 05:54:52] lolcookie : wtf light coin got dumped to $3
[2015-08-19 05:55:21] lolcookie : I was expecting it since "sell the news" but what the hell halving isnt for 6 more days
[2015-08-19 05:55:59] lolcookie : also btc getting dumped to 160 holy shit
[2015-08-19 05:56:23] j8 : yeah, the ltc/btc ratio didn't dump that hard.
[2015-08-19 05:57:42] j8 : ltc 1 week futures on okcoin only went to 3.45, similar here
[2015-08-19 05:58:40] lolcookie : I expect ltc to get dumped on the 25th
[2015-08-19 05:58:53] lolcookie : it did hold up well though
[2015-08-19 05:59:55] genesis : I am torn on LTC halving
[2015-08-19 06:00:06] genesis : there will probably be news cycle around the event
[2015-08-19 06:00:19] genesis : but with BTC price being where it is, it's hard to imagine the ratios diverging higher at this point
[2015-08-19 06:01:17] lolcookie : I will place a small short on the 24th, but the market is actually insane/typicalbtc right now
[2015-08-19 06:01:33] lolcookie : so much FUD
[2015-08-19 06:01:45] lolcookie : someone is buying though
[2015-08-19 06:01:48] genesis : yeah, gavin sells his BTC for stocks in forbes article
[2015-08-19 06:01:51] genesis : and then pushes this XT
[2015-08-19 06:02:07] genesis : he probably did pretty well on that trade
[2015-08-19 06:02:53] lolcookie : I know its FUD, but swings like that are dangerous
[2015-08-19 06:03:23] genesis : right
[2015-08-19 06:03:28] genesis : a lot of people got margin called
[2015-08-19 06:03:30] gustavo7 : so because of the non-linearity holding longs in XBU is pretty stupid right?
[2015-08-19 06:03:41] genesis : I can't imagine the clusterfuck that the bitfinex engine had to handle
[2015-08-19 06:03:53] lolcookie : well there was massive lag
[2015-08-19 06:03:58] lolcookie : it was gox all over again
[2015-08-19 06:04:00] krtek.net : j8: if you would have bought only 452, thus closing your positing, would there be enough initial magin to open 48 at the same price?
[2015-08-19 06:04:43] j8 : surely there would be after the 452 was closed.
[2015-08-19 06:04:53] j8 : just the maintenance margin alone
[2015-08-19 06:05:04] lolcookie : gustavo7 btc gets fud every other day so this kind of shit is fairly normal and im pretty sure someone is buying bulk coins atm
[2015-08-19 06:05:17] krtek.net : I was just checking that you werent deeply in the call...
[2015-08-19 06:06:07] j8 : no not at all, although i had everything on isolate margin and not much margin outside of that
[2015-08-19 06:06:33] uiop : wait, remind me what leverage you get on BVOL* ?
[2015-08-19 06:06:38] j8 : 2x
[2015-08-19 06:06:55] uiop : thanks
[2015-08-19 06:06:56] j8 : it's more than enough.
[2015-08-19 06:07:25] j8 : although, the contracts are really big at this price.
[2015-08-19 06:08:55] krtek.net : definitelly a bug.
[2015-08-19 06:09:03] j8 : yeah, an edge case i think
[2015-08-19 06:10:00] krtek.net : as you switched the side, the isolated margin get lowered to 0, but your order is already paired.
[2015-08-19 06:11:03] krtek.net : maybe even to subzero was the isolated margin lowered :
[2015-08-19 06:11:25] krtek.net : Arthur: are you reading this?
[2015-08-19 06:12:29] uiop : finex finexed
[2015-08-19 06:12:47] uiop : http://i.imgur.com/RULMVzv.png
[2015-08-19 06:13:20] j8 : BitMEX_Arthur: ping
[2015-08-19 06:14:54] krtek.net : I assume that the isolated margin is updated on before your order executon. Calls and liquidations are asynchronous. I'm not used to it yet.
[2015-08-19 06:15:41] gustavo7 : well i can't go into position without ta, i'm just gonna hedge a bit
[2015-08-19 06:16:33] lolcookie : that is the smart thing to do
[2015-08-19 06:16:36] gorygreg : What is withheld profit???
[2015-08-19 06:22:04] j8 : your pnl is withheld until friday in case there's a profit adjustment (socialized loss)
[2015-08-19 06:23:06] cengel : 'in case' :)
[2015-08-19 06:23:07] j8 : or daily at expiry for the 24h contracts
[2015-08-19 06:23:09] krtek.net : XBX seems to be liquidity provided weighted not liquidty taken
[2015-08-19 06:23:19] j8 : it'll never happen right
[2015-08-19 06:27:20] lolcookie : someone want some 7d contracts I want to exit ;(
[2015-08-19 06:28:55] krtek.net : exit by providing the liquidity... win-win :)
[2015-08-19 06:29:12] lolcookie : ill probably wait til settlement
[2015-08-19 06:36:30] cengel : and every contract is desperate for liquidity right now
[2015-08-19 06:39:56] krtek.net : well my bot is practically owning the order book on both sides on "my" contract, there's nothing more I can do :)
[2015-08-19 06:42:14] j8 : i gotta wait for my withheld profit to clear. it's like 90% of my account right now
[2015-08-19 06:43:27] krtek.net : hehe, mine is attacking 50 % for 3 days of trading, not a bad result for the first try :)
[2015-08-19 06:44:15] cengel : same j8. im gonna lose about 40%
[2015-08-19 06:44:31] cengel : still less than my government takes from me of my profi
[2015-08-19 06:44:43] j8 : oh i'm not gonna lose much. it just can't be used for margin
[2015-08-19 06:46:22] j8 : all my gains are on `BVOL24H` with no socialized loss at the moment
[2015-08-19 06:52:51] cengel : ah so you took ks' bot for a ride
[2015-08-19 06:54:46] j8 : he really needs to put isolate margin on...
[2015-08-19 06:58:04] cengel : thats what i asked Sam before, how do you isolate margin automatically, and i forget what he sa
[2015-08-19 06:58:17] cengel : because you have to check the position after its opened, you cant set parameter upon order
[2015-08-19 06:59:52] j8 : yeah it's a position api call too, not associated with the order
[2015-08-19 07:01:06] cengel : yea programmatically it can be done but it's not unusual if he doesn't isol
[2015-08-19 07:01:34] cengel : he will wake soon and either be really happy or mad
[2015-08-19 07:03:27] j8 : i feel like he was talking about black swan events just the other day...
[2015-08-19 07:06:49] krtek.net : remark to self: review circuit breakers once again.
[2015-08-19 07:09:43] cengel : j8, you got those ontracts at 3.XX
[2015-08-19 07:09:44] cengel : ?
[2015-08-19 07:10:08] j8 : yeah.
[2015-08-19 07:10:09] cengel : by the time i checked orderbook it was empty
[2015-08-19 07:10:13] cengel : you mgot the last o
[2015-08-19 07:10:18] j8 : some at 2
[2015-08-19 07:10:20] j8 : something
[2015-08-19 07:10:28] cengel : sorry for the cutoff, firefox doesnt like the trollb
[2015-08-19 07:11:00] j8 : actually, 10 at 1.78 and 10 at 1.97
[2015-08-19 07:11:13] j8 : 5 at 3.39
[2015-08-19 07:14:21] j8 : actually managed to sell most of them in the 28's
[2015-08-19 07:14:29] j8 : last 6 on offer
[2015-08-19 07:14:31] lolcookie : good trade, i ignored bvol cos of liquidity
[2015-08-19 07:17:22] cengel : lol yea u just took a good number of coins off him! nice gunning j8
[2015-08-19 07:17:52] j8 : don't tell him it was me lol
[2015-08-19 07:18:05] cengel : maybe someone other than ks was playin
[2015-08-19 07:18:34] j8 : well there's pretty much always one mm with blocks of 10
[2015-08-19 07:18:45] j8 : that i dance around with a lot.
[2015-08-19 07:18:55] krtek.net : that trade is about 4 coins of withheld profit?
[2015-08-19 07:18:56] cengel : yea thats ks
[2015-08-19 07:19:32] j8 : lets see. 5.4 realised 1.36 unrealised
[2015-08-19 07:20:13] cengel : yea you cleaned up good.
[2015-08-19 07:20:15] Trade_master_3000 : can someone explain what bvol does
[2015-08-19 07:20:40] Trade_master_3000 : or know of a link to read
[2015-08-19 07:20:50] j8 : literally was getting margin called on longs at the same time but who cares
[2015-08-19 07:21:28] j8 : there is the series guide https://www.bitmex.com/app/seriesGuide/BVOL
[2015-08-19 07:21:39] cengel : ah so it was a smart hedge
[2015-08-19 07:21:45] cengel : just like god intende
[2015-08-19 07:23:23] cengel : j8, i was focusing on the 7D, got socialized losses up the ass so its not ks
[2015-08-19 07:24:02] cengel : so picked up a few coins but will lose a chunk
[2015-08-19 07:24:27] j8 : oh i see. yeah i expect to lose a little bit when i buy bvol. the gains are occasional but so worth it.
[2015-08-19 07:27:20] j8 : who wants my last 7 contracts.
[2015-08-19 07:27:58] lolcookie : I would but i am also in PNL
[2015-08-19 07:32:59] joequant : Any theories about what happened this morning other than "that's just bitcoin"?
[2015-08-19 07:33:14] lolcookie : FUD
[2015-08-19 07:33:22] lolcookie : someone made $$
[2015-08-19 07:34:09] lolcookie : bitfinex is shit
[2015-08-19 07:34:29] cengel : bitcoin xt
[2015-08-19 07:37:33] j8 : an attack on longs
[2015-08-19 07:39:18] lolcookie : enabled by bitfines being shit
[2015-08-19 07:40:59] lolcookie : shorted a BVOL24H, will i be green in 4 hours?
[2015-08-19 07:41:12] cengel : whats the price u shorted?
[2015-08-19 07:41:13] j8 : at 26.7?