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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[2016-06-23 02:01:10] santacruz : DPE = 33%
[2016-06-23 02:01:18] santacruz : f..ck me in the ass
[2016-06-23 02:01:32] santacruz : how I can trade like this?
[2016-06-23 02:02:00] micmix : rapidtrades: my bots are having issues with bitvc, not sure what's going on
[2016-06-23 02:02:46] rapidtrades : ah
[2016-06-23 02:02:53] micmix : bitvc is second largest futures platform in China
[2016-06-23 02:03:01] rapidtrades : i know
[2016-06-23 02:03:12] rapidtrades : f*ck
[2016-06-23 02:03:25] rapidtrades : well at least most of the rape is priced in now
[2016-06-23 02:03:43] rapidtrades : waiting for the announcement i guess
[2016-06-23 02:03:52] micmix : not a good week for crypto :(
[2016-06-23 02:04:03] aethlios : rapidtrades: don't be afraid, this is crypto, premium to the upside, discount to the downside.
[2016-06-23 02:04:27] rapidtrades : aethlios: sir do u understand that these are not normal markets? smth is up
[2016-06-23 02:04:40] rapidtrades : i still place my bet on okc
[2016-06-23 02:05:19] rapidtrades : micmix: do u know how to verify bitfinex reserves?
[2016-06-23 02:05:31] micmix : rapidtrades: no
[2016-06-23 02:05:33] rapidtrades : they say its visable on the blockchain
[2016-06-23 02:06:01] micmix : I saw a link somewhere but don't remember exactly
[2016-06-23 02:06:51] j8 : rapidtrades: look at bitgo on the integrations page
[2016-06-23 02:07:09] rapidtrades : smth has to be going on.....either a china issue or bitfinex going under and ppl pay premium to cashout
[2016-06-23 02:08:44] nip : does dpe go to 0 in 2 hours or 10?
[2016-06-23 02:08:51] REKT : Liquidated long on `ETHXBT`: Sell 2 @ 0.02313 :punch: :whale:
[2016-06-23 02:09:23] aethlios : nip: 10
[2016-06-23 02:09:36] mbaril : how does dpe affect our gain and lost ?
[2016-06-23 02:09:39] nip : boring
[2016-06-23 02:09:49] aethlios : mbaril: gain
[2016-06-23 02:10:06] mbaril : aethlios: can you explain not sure to understnad well on the faq page
[2016-06-23 02:10:53] aethlios : mbaril: final profit is your profit minus dpe*profit
[2016-06-23 02:11:06] micmix : and losses are not affected by DPE
[2016-06-23 02:11:24] aethlios : micmix: no, dpe is paid from profitable traders
[2016-06-23 02:11:40] mbaril : aethlios: you are telling me my profit = profit*0.7
[2016-06-23 02:11:44] micmix : aethlios: that's what I said :smile:
[2016-06-23 02:12:01] aethlios : mbaril: yes a haircut of 31.54% now
[2016-06-23 02:12:09] mbaril : shit not nice
[2016-06-23 02:12:18] mbaril : and how does dpe go up or down ?
[2016-06-23 02:12:31] zanza : the farther we get from the opened liquidation
[2016-06-23 02:12:33] zanza : the higher the DPE
[2016-06-23 02:12:36] aethlios : mbaril: if we reverse it will drop. we have 10 full hours
[2016-06-23 02:13:07] mbaril : the farther we from from the opened liquidation
[2016-06-23 02:13:13] mbaril : where can we see opened liquidation ?
[2016-06-23 02:13:43] aethlios : mbaril: I don't think we can see
[2016-06-23 02:14:00] mbaril : so they put what ever they want for dpe
[2016-06-23 02:14:04] mbaril : kind of bad
[2016-06-23 02:14:26] micmix : https://www.bitmex.com/api/v1/liquidation
[2016-06-23 02:14:32] nip : i like it since i know not to open a position until tomorrow
[2016-06-23 02:14:58] QuantFocus : i thought dpe reset at each funding
[2016-06-23 02:15:11] micmix : 1.5m USD liquidation
[2016-06-23 02:15:26] rapidtrades : micmix: how many liqs at okc?
[2016-06-23 02:15:40] aethlios : QuantFocus: resets once daily
[2016-06-23 02:15:47] QuantFocus : ah
[2016-06-23 02:15:49] mbaril : micmix: so the liquidation price is 618
[2016-06-23 02:16:19] aethlios : mbaril: it can recover easily above 600 in 10 hours
[2016-06-23 02:16:42] nip : anyone know why this crashes?
[2016-06-23 02:16:59] jung1 : its fun
[2016-06-23 02:17:43] rapidtrades : nip: no clue but imo smth major is up
[2016-06-23 02:17:43] mbaril : wondering when it will stop to drop
[2016-06-23 02:17:47] micmix : rapidtrades: no open liq on okc
[2016-06-23 02:17:55] rapidtrades : wow...what a scam
[2016-06-23 02:18:03] subjective : Lucky got rekt couple of times in the last few drops and stopped look. Now get in this great price
[2016-06-23 02:18:43] rapidtrades : ANY CHINAMAN MAN HERE
[2016-06-23 02:18:54] rapidtrades : whats going on in ur country frineds?
[2016-06-23 02:19:06] rapidtrades : .....besides lung cancer of course
[2016-06-23 02:19:15] subjective : Me china
[2016-06-23 02:19:25] rapidtrades : subjective: hey, any rumors
[2016-06-23 02:19:34] subjective : Austrlian Chinese if that counts
[2016-06-23 02:19:37] rapidtrades : why u crashing
[2016-06-23 02:19:38] boolander : lemme look out the window...hmm, nope, no burning tires yet.
[2016-06-23 02:19:41] rapidtrades : no man
[2016-06-23 02:19:50] rapidtrades : subjective: u speak chinese?
[2016-06-23 02:19:57] subjective : Yes
[2016-06-23 02:20:05] rapidtrades : go inevstigate at bitvc
[2016-06-23 02:20:28] rapidtrades : micmix: does bitvc have chat room
[2016-06-23 02:20:51] subjective : Let me guess hyper + Chinese miners are insolvent
[2016-06-23 02:21:12] micmix : rapidtrades: don't think so
[2016-06-23 02:22:13] rapidtrades : micmix: whats up with bitvc exactly...down or what
[2016-06-23 02:22:26] rapidtrades : they're owned by btcc right? is that down too
[2016-06-23 02:23:54] aethlios : this selling is on okcoin spot and huobi, chinese miners maybe selling.
[2016-06-23 02:24:30] aethlios : speculators run the price to 800 and miners dumped to 565.
[2016-06-23 02:25:40] rapidtrades : if that's true that we'll have a sharp reveresal soon
[2016-06-23 02:26:06] rapidtrades : rally is dead tho
[2016-06-23 02:26:46] jung1 : yeah same talk was at 4900 and 4000 cny
[2016-06-23 02:26:53] jung1 : and basicly every stops
[2016-06-23 02:27:04] nip : woodchipper.com or woodchipper.cn?
[2016-06-23 02:27:12] aethlios : rapidtrades: spot in china below west 20 usd, okcoin futures are down because of arb. maybe chinese miners unprofitable after halving are selling now their inventory before going out of business. my logic explanation.
[2016-06-23 02:28:23] mbaril : aethlios: make sense
[2016-06-23 02:28:34] mbaril : halving will be hard for a lot of miner
[2016-06-23 02:31:02] rapidtrades : my withheld profit is not included in the balance right
[2016-06-23 02:31:12] rapidtrades : in my wallet
[2016-06-23 02:31:56] aethlios : finex is fine, I made 2 withdrawals today of 25+20 btc. 3 days before everybody was saying I wish I had bought 720......
[2016-06-23 02:32:26] subjective : Anyone runs market maker here?
[2016-06-23 02:32:45] rapidtrades : micmix
[2016-06-23 02:32:49] subjective : bot
[2016-06-23 02:33:02] BitMEX_Wally : rapidtrades: Realised profit goes into your wallet balance and margin balance, but is then withheld from your available balance
[2016-06-23 02:33:37] rapidtrades : unrealized?
[2016-06-23 02:33:40] lockhedge : subjective: i'm also running a small mm bot
[2016-06-23 02:33:41] aethlios : BitMEX_Wally: Hi, any information do you have what happens in china??
[2016-06-23 02:33:42] zanza : what is the normal spread between Finex and BTCE?
[2016-06-23 02:34:25] rapidtrades : $3
[2016-06-23 02:34:50] rapidtrades : or $20-$50 during rallies
[2016-06-23 02:35:33] micmix : rapidtrades: API errors when getting futures data from bitvc, website seems to work but it's all in Chinese, can't really use it
[2016-06-23 02:37:09] aethlios : rapidtrades: huobi spot is 20 yuan lower than okcoin, maybe the selling in happening there and arb drives all markets down.
[2016-06-23 02:37:12] micmix : maybe it's nothing, just some API issue
[2016-06-23 02:39:26] subjective : lockhedge: I just got the python script, how does it perform?
[2016-06-23 02:40:17] micmix : subjective: run it on testnet first to see how it trades
[2016-06-23 02:40:34] jung1 : which script?
[2016-06-23 02:40:38] jung1 : want to share?
[2016-06-23 02:40:54] subjective : micmix: okay, does it have same performance like mainnet?
[2016-06-23 02:41:22] subjective : jung1: GitHub Google bitmex market maker
[2016-06-23 02:41:23] micmix : subjective: not really but at least you'll see what it does
[2016-06-23 02:42:00] subjective : micmix: I will get both running together to see the difference.
[2016-06-23 02:42:14] micmix : good idea
[2016-06-23 02:42:17] subjective : micmix: do you use the GitHub build or custom?
[2016-06-23 02:42:27] micmix : all custom
[2016-06-23 02:42:57] subjective : nice, way to go. I will start with existing scripts and build it out slowly
[2016-06-23 02:43:14] micmix : I think lockhedge's bot is based on bitmex mm bot
[2016-06-23 02:43:42] subjective : do you have logic that cancel the orders that misses the market by 20%? Ex. Sells sits on 720 still
[2016-06-23 02:44:12] subjective : ot leave it there forever
[2016-06-23 02:44:30] micmix : it should never happen, mm bot adjusts order every few seconds
[2016-06-23 02:45:13] subjective : True, I was using Haas MM boy that has open orders from past trades. Problem with generic bot
[2016-06-23 02:46:17] aethlios : shity chinese let the market bounce
[2016-06-23 02:46:27] micmix : as far as I remember bitmex mm bot moves all quotes every few seconds
[2016-06-23 02:47:12] micmix : it's a solid foundation to build on, just needs proper models/strategies
[2016-06-23 02:47:20] micmix : and inventory control
[2016-06-23 02:47:40] subjective : micmix: yep
[2016-06-23 02:47:41] micmix : and hedging and some other stuff :wink:
[2016-06-23 02:47:58] REKT : Liquidated short on `XBTUSD`: Buy 1 @ 570.14 :punch: :whale:
[2016-06-23 02:48:28] subjective : micmix: I am sticking to arb and MM bots, I suck at trading, better at coding/mining
[2016-06-23 02:48:53] REKT : Liquidated short on `XBTUSD`: Buy 5 @ 572.39
[2016-06-23 02:48:53] REKT : Liquidated short on `XBTUSD`: Buy 1167 @ 573.49
[2016-06-23 02:48:53] REKT : Close your longs, close your shorts, choppy waters ahead!
[2016-06-23 02:49:04] QuantFocus : well, first recovery we've seen after a selloff
[2016-06-23 02:49:06] QuantFocus : might be a good sign
[2016-06-23 02:49:55] QuantFocus : of course that last sell off was just enough to rek my anus, but oh well
[2016-06-23 02:49:55] boolander : if so, alts gonna get smacked
[2016-06-23 02:51:31] jung1 : 100cny recover
[2016-06-23 02:51:32] jung1 : not bad
[2016-06-23 02:54:33] Rado : 75% of orders filled
[2016-06-23 02:54:45] mbaril : is ok coin down ?
[2016-06-23 02:54:52] mbaril : dont see any transaction on bitcoinwisdom
[2016-06-23 02:54:54] Rado : pretty scary
[2016-06-23 02:56:36] CaptainDean : okcoin @ 3693
[2016-06-23 02:56:58] mbaril : ok maybe only bitcoinwisdom is down
[2016-06-23 02:57:46] CaptainDean : mbaril: i know who you are
[2016-06-23 02:57:56] mbaril : ahahaha
[2016-06-23 02:57:59] mbaril : Good for you dude ;)
[2016-06-23 03:02:04] mbaril : Captain Dean lets kill this DPE ;)
[2016-06-23 03:03:56] rapidtrades : f*ck china
[2016-06-23 03:04:02] rapidtrades : we're de-coupled
[2016-06-23 03:08:08] mbaril : push it to the limit!
[2016-06-23 03:10:52] elmorte : So any exchanges go down?
[2016-06-23 03:11:44] rapidtrades : we dont; know yet
[2016-06-23 03:14:16] aethlios : we need 620 for dpe, 8 hours is enough to recover
[2016-06-23 03:14:36] rapidtrades : why is index at 583
[2016-06-23 03:14:51] clipperhawk : y is deposits taking so freakin long ??
[2016-06-23 03:15:01] aethlios : rapidtrades: okcoin keeps it down
[2016-06-23 03:15:05] CaptainDean : OkCoin is @ 565
[2016-06-23 03:15:16] rapidtrades : dam
[2016-06-23 03:15:22] REKT : Liquidated long on `ETHXBT`: Sell 200 @ 0.02199
[2016-06-23 03:15:36] CaptainDean : I think they weight like 18% of the index
[2016-06-23 03:15:42] rapidtrades : coinbase already over 600
[2016-06-23 03:16:35] rapidtrades : ok so to get my total balance...i take wallet _unrealized pnl right
[2016-06-23 03:16:41] CaptainDean : now at 658
[2016-06-23 03:16:43] rapidtrades : + not _
[2016-06-23 03:16:53] rapidtrades : plus not +
[2016-06-23 03:16:57] BitMEX_Wally : rapidtrades: There is a chart here: https://www.bitmex.com/app/wallet
[2016-06-23 03:17:03] BitMEX_Wally : Wallet Balance + Unrealised PNL = Margin Balance
[2016-06-23 03:17:08] BitMEX_Wally : Margin Balance is your total equity
[2016-06-23 03:17:44] rapidtrades : ok so to simplify stuff, if i closed everything at mark price, i would be able to withdraw wallet +unrealizzed ppnl
[2016-06-23 03:18:11] BitMEX_Wally : rapidtrades: Effectively yes
[2016-06-23 03:18:19] rapidtrades : cool beans
[2016-06-23 03:18:42] BitMEX_Wally : After rebalance of course
[2016-06-23 03:18:47] aethlios : rapidtrades: are you leaving crypto???
[2016-06-23 03:18:54] rapidtrades : lol no?
[2016-06-23 03:19:05] rapidtrades : well idk...if finex is in trouble yeah
[2016-06-23 03:19:07] mbaril : BitMEX_Wally: withheld profit is calculated every 8h ?
[2016-06-23 03:19:35] aethlios : brexit will push us up today.
[2016-06-23 03:20:16] rapidtrades : k
[2016-06-23 03:21:31] aethlios : BitMEX_Wally: is it technical easy to make rebalance every 8 hours??
[2016-06-23 03:21:53] BitMEX_Wally : If there is no DPE then we unlock 50% of realised profit every 8 hours
[2016-06-23 03:22:47] BitMEX_Wally : Then all remaining withheld profit is unlocked after rebalance
[2016-06-23 03:23:22] rapidtrades : arbers gonna make it hard to go over 600
[2016-06-23 03:27:44] rapidtrades : finex is charging 0.0% for shorts
[2016-06-23 03:27:51] rapidtrades : 0.05%
[2016-06-23 03:29:08] ayy_lmao : fucking 30% dpe
[2016-06-23 03:29:10] ayy_lmao : my god
[2016-06-23 03:29:14] ayy_lmao : rekt
[2016-06-23 03:29:21] ayy_lmao : need to bounce lmao
[2016-06-23 03:29:36] rapidtrades : lol did u just notice that
[2016-06-23 03:32:46] yerb : BitMEX_Wally: can you switch to BFX mark price again
[2016-06-23 03:33:21] yerb : this mark price almost margin called me even when my position was in profit
[2016-06-23 03:33:44] BitMEX_Wally : yerb: Bitfinex was added back into the Kaiko index. They are 50% of the weight
[2016-06-23 03:34:03] QuantFocus : BitMEX_Wally: can you restore my previously MC'd position?
[2016-06-23 03:34:10] yerb : ok, then fic the mark price , because it is false
[2016-06-23 03:34:14] BitMEX_Wally : QuantFocus: No
[2016-06-23 03:34:15] yerb : *fix
[2016-06-23 03:34:28] QuantFocus : i had to buy back in, now I'm hosed on my profit because of DPE
[2016-06-23 03:34:28] rapidtrades : yerb: its not false, okc is in the trash
[2016-06-23 03:34:46] QuantFocus : assuming this is sustained
[2016-06-23 03:35:00] rapidtrades : QuantFocus: all profit/loss on same contract is added up
[2016-06-23 03:35:06] QuantFocus : BitMEX_Wally: i was half joking
[2016-06-23 03:35:12] rapidtrades : its not per position DPE
[2016-06-23 03:35:33] yerb : wll my position be liquidated even when its in profit?i
[2016-06-23 03:35:38] rapidtrades : yes
[2016-06-23 03:35:40] QuantFocus : rapidtrades: so if i have net negative overall realized PNL, i won't pay DPE if my current position is in the money?
[2016-06-23 03:35:54] yerb : fck this sh*t!!!
[2016-06-23 03:35:55] rapidtrades : negative in the previous 24 hrs yes
[2016-06-23 03:36:03] QuantFocus : ok, good
[2016-06-23 03:36:07] QuantFocus : that helps
[2016-06-23 03:36:17] BitMEX_Wally : A position is not liquidated when in profit
[2016-06-23 03:36:21] QuantFocus : it's like preparation H
[2016-06-23 03:36:32] rapidtrades : BitMEX_Wally: ah cool didn't know that
[2016-06-23 03:36:49] yerb : but if mark price goes below my liq price, will it be liquidated?
[2016-06-23 03:36:55] BitMEX_Wally : yerb: Yes
[2016-06-23 03:37:00] rapidtrades : looool
[2016-06-23 03:37:16] yerb : even when position is in profit according to the book?
[2016-06-23 03:37:21] QuantFocus : but mark price can't go below liquidation while in the money...
[2016-06-23 03:37:31] BitMEX_Wally : yerb: Positions are marked to the mark price
[2016-06-23 03:37:39] rapidtrades : hahahhaha
[2016-06-23 03:37:42] rapidtrades : so i was right
[2016-06-23 03:37:46] yerb : this is bullshit
[2016-06-23 03:37:46] aethlios : rapidtrades: with china in discount we can sell premium again after the dpe leaves.
[2016-06-23 03:38:09] rapidtrades : dpe maay take few days to clear...
[2016-06-23 03:38:17] rapidtrades : plus funds still stuck at finex
[2016-06-23 03:40:12] moonshot : I had an open limite order but when the price droped my position was liquidated and the limite order was removed unfilled even that it was in the order book and at a higher price that the liquidation price. WTF
[2016-06-23 03:40:29] BitMEX_Wally : moonshot: All orders are canceled when you are liquidated
[2016-06-23 03:40:58] yerb : BitMEX_Wally: seriousle you have to fix that
[2016-06-23 03:41:05] moonshot : well okay but the order should have been filled before the liquidation
[2016-06-23 03:41:28] BitMEX_Wally : moonshot: Only if the future traded below the bid price.
[2016-06-23 03:41:39] BitMEX_Wally : The mark price triggers liquidations
[2016-06-23 03:42:20] yerb : BitMEX_Wally: are you ever going to fix this mark price difference issue?
[2016-06-23 03:43:01] messiaen8844 : wally, when is more liquidity cominng to 100x Yen futures?? looking forward to trading this, but currently impossible
[2016-06-23 03:43:29] rapidtrades : +1
[2016-06-23 03:43:30] messiaen8844 : and please list it also in USD if possible
[2016-06-23 03:43:50] yerb : also PNL shows unrealistic values, please add an option in the preferences so we can choose how PNL is calculated, i would like for example to have it calculated based on the book market close
[2016-06-23 03:44:02] rapidtrades : BitMEX_Wally: have u made a decision on the longer-dated quantos?
[2016-06-23 03:44:19] messiaen8844 : hope they do add Dec futures rapid
[2016-06-23 03:44:27] rapidtrades : +1
[2016-06-23 03:44:30] nip : i think you should keep 2 quarterly quantos at all times
[2016-06-23 03:44:44] messiaen8844 : or maybe they can replace it week weekly/quarterly
[2016-06-23 03:44:51] messiaen8844 : replace *with
[2016-06-23 03:44:58] rapidtrades : id rather have quaterly + 6m
[2016-06-23 03:45:20] aethlios : 3m 6m 12m
[2016-06-23 03:45:21] BitMEX_Wally : messiaen8844: We have several market makers who are going to quote XBJ24H
[2016-06-23 03:45:44] yerb : BitMEX_Wally: also PNL shows unrealistic values, please add an option in the preferences so we can choose how PNL is calculated, i would like for example to have it calculated based on the book market close
[2016-06-23 03:45:49] BitMEX_Wally : We are going to add an automatic USD to JPY currency convertor on the frontend so you can trade XBJ24H as if it was XBT24H
[2016-06-23 03:46:59] asdfman : make it changable.
[2016-06-23 03:47:11] asdfman : pleace
[2016-06-23 03:47:18] asdfman : please*
[2016-06-23 03:47:52] CaptainDean : yerb: Yeah, ivery nice idea
[2016-06-23 03:48:26] yerb : yeah but @BitMEX_Wally is not responding @CaptainDean
[2016-06-23 03:49:37] yerb : or maybe hes making notes idk
[2016-06-23 03:49:43] boolander : or maybe 2 columns with PnL to mark and one with PnL off the mid's of current bitmex market?
[2016-06-23 03:49:56] QuantFocus : boolander: that's exactly what i was thinking
[2016-06-23 03:49:59] rapidtrades : arbers bringing usd/china closer
[2016-06-23 03:50:13] yerb : mark price is always off, so PNL based on that is useless
[2016-06-23 03:50:16] rapidtrades : i think eventually we're rally together
[2016-06-23 03:50:27] rapidtrades : *provided its not an exchange problem
[2016-06-23 03:50:42] QuantFocus : yerb: not entirely. mark is fairly close to market, but it doesn't account for depth
[2016-06-23 03:53:02] ayy_lmao : doesnt dpe just close at reblanance rapitrades
[2016-06-23 03:53:09] ayy_lmao : its going to reset there and fuck us no
[2016-06-23 03:53:29] QuantFocus : fucking gently caress
[2016-06-23 03:53:30] aethlios : 11 usd now finex above okcoin futures index, from 30 before.
[2016-06-23 03:53:53] QuantFocus : is there a way to turn off filter?
[2016-06-23 03:54:02] QuantFocus : /help
[2016-06-23 03:54:10] ayy_lmao : else bitmex could go insolvent if they let dpe go onto the next rebalance
[2016-06-23 03:56:45] BitMEX_Wally : Sorry, was away from keyboard. Showing custom PNL is a good idea
[2016-06-23 03:57:28] BitMEX_Wally : If we do it, it will probably be done in the frontend and let you choose, far touch, far depth weighted touch, mid price, last price, mark price. etc
[2016-06-23 03:57:40] BitMEX_Wally : far depth weighted touch = market close
[2016-06-23 03:59:43] Tetsuo : Anyone still havin coins on finex should get spanked.
[2016-06-23 04:00:26] moonshot : BitMEX_Wally: thank you Wally there is a way to remove the automatic close of opened orders when a liquidation occur ?
[2016-06-23 04:00:31] rapidtrades : eat me @Tetsuo
[2016-06-23 04:01:36] elmorte : I still have coins there...took out some
[2016-06-23 04:02:17] boolander : wheel out the video of boss spanking his employees
[2016-06-23 04:04:18] rapidtrades : my arb would've been in profit now...frustraitng
[2016-06-23 04:04:49] elmorte : rapidtrades: what happened?
[2016-06-23 04:05:04] rapidtrades : i took it off at 570 before the last dump
[2016-06-23 04:05:10] micmix : BitMEX_Wally: XBTU16 fair basis needs to be adjusted again
[2016-06-23 04:05:23] elmorte : rapidtrades: :/
[2016-06-23 04:05:35] elmorte : I bought 25 coins at spot yesterday...
[2016-06-23 04:05:41] elmorte : :(
[2016-06-23 04:05:41] rapidtrades : correct call cos i would've been liqed but still frustrating cos i held it few days i think
[2016-06-23 04:06:13] elmorte : would've been 30 coins today...
[2016-06-23 04:06:27] rapidtrades : ah
[2016-06-23 04:06:45] rapidtrades : its been pretty brutal
[2016-06-23 04:07:03] elmorte : yeah, I'm long since 646....
[2016-06-23 04:07:09] elmorte : not covered
[2016-06-23 04:07:11] rapidtrades : lots of ppl who were short switched to longs here and prolly got wrekted
[2016-06-23 04:07:31] rapidtrades : i covered half....will cover more if we go up
[2016-06-23 04:09:24] BitMEX_Wally : micmix: The fair for XBTU16 is inside the bid/offer spread
[2016-06-23 04:09:58] micmix : BitMEX_Wally: well 20c out to be exact
[2016-06-23 04:10:36] micmix : now $2 above the bid
[2016-06-23 04:10:44] micmix : sorry, ask
[2016-06-23 04:12:17] BitMEX_Wally : micmix: Ok, I've moved it down without causing any liquidations
[2016-06-23 04:12:37] micmix : BitMEX_Wally: thanks, that's better :smile:
[2016-06-23 04:20:43] blurrrrrp : Wow, DPE of 30%.
[2016-06-23 04:21:09] blurrrrrp : 30% of Unrealised PNL will be taken of, correct?
[2016-06-23 04:22:41] BitMEX_Arthur : Any unrealised or realised pnl from yesterday 12gmt to today 12gmt will be adjusted
[2016-06-23 04:23:21] blurrrrrp : Yes, and with status quo it will be 28,56% that will be taken?
[2016-06-23 04:24:23] ayy_lmao : is there a page of open liquidations, or do i have to use api
[2016-06-23 04:24:44] BitMEX_Arthur : blurrrrrp: yes that's correct
[2016-06-23 04:24:58] BitMEX_Arthur : ayy_lmao: we report through the API
[2016-06-23 04:25:00] blurrrrrp : BitMEX_Arthur: ouch.
[2016-06-23 04:25:06] asdfman : DPE?
[2016-06-23 04:25:18] ayy_lmao : yeah rip profits
[2016-06-23 04:25:20] blurrrrrp : yep
[2016-06-23 04:26:34] aethlios : now 7 usd finex below okcoin futires index, market starts to normalize
[2016-06-23 04:27:25] aethlios : congrats to anyone survived the pump and the dump.
[2016-06-23 04:27:36] ayy_lmao : yah
[2016-06-23 04:28:08] aethlios : above 1000 wilder fluctuations will happen.
[2016-06-23 04:28:11] ayy_lmao : now lefts fuck this dpe up
[2016-06-23 04:29:07] aethlios : if brexit happens we are in a day back to 800
[2016-06-23 04:30:18] blurrrrrp : aethlios: Yes, but it would be Europe that's buying I guess.
[2016-06-23 04:30:26] ayy_lmao : be nice if the pnl calculator auto pupulated my orders
[2016-06-23 04:30:32] ayy_lmao : populated*
[2016-06-23 04:31:33] aabtc : does liquidation look at mark price or last price
[2016-06-23 04:31:55] BitMEX_Arthur : aabtc: mark
[2016-06-23 04:32:06] BitMEX_Arthur : which is the spot price at 12gmt
[2016-06-23 04:34:22] aabtc : neato burrito
[2016-06-23 04:34:40] aabtc : hey arthur im in sg next week if ur still about
[2016-06-23 04:42:30] blurrrrrp : BitMEX_Arthur: Any plans of changing the exchange's strategy? A big DPE will keep new people away from the exchange, don't you think?
[2016-06-23 04:44:18] BitMEX_Wally : blurrrrrp: We are looking at options like automatic de-leveraging. All options have their downsides though.
[2016-06-23 04:44:56] aabtc : punting a bit of dust in my account
[2016-06-23 04:45:09] aabtc : mark price below entry price but last price is above liquidation
[2016-06-23 04:45:19] aabtc : >_>
[2016-06-23 04:45:56] blurrrrrp : BitMEX_Wally: I see. I guess 50x is a bit too much.
[2016-06-23 04:46:34] BitMEX_Wally : By de-leveraging what most people mean is automatically reducing positions that are in profit, to close out liquidations
[2016-06-23 04:47:08] BitMEX_Wally : So an existing position might get de-leveraged, but the max leverage for new positions stays at 50x
[2016-06-23 04:50:36] blurrrrrp : Yes I understand. But because of 50x the DPE is higher.
[2016-06-23 04:50:59] blurrrrrp : I know I was taking a risk trading here, but around 30% DPE is tough.
[2016-06-23 04:55:45] santacruz : Bitmex, what's your problem having 1:5 leverage?
[2016-06-23 04:56:29] BitMEX_Wally : santacruz: We used to have max 5x leverage and no-one traded here
[2016-06-23 04:57:48] santacruz : Can you create separate skin with 10x?
[2016-06-23 04:59:23] santacruz : leave things here as is + create new website with normal leverage
[2016-06-23 04:59:52] santacruz : Even FX companies lower leverage during big events
[2016-06-23 05:02:16] santacruz : BitMEX_Wally: Can you cancel my withdraw request?
[2016-06-23 05:04:15] aethlios : BitMEX_Wally: an idea could be to limit each account to have at most 10% of all open positions, so dpe's will be less brutal.
[2016-06-23 05:07:37] REKT : Liquidated long on `XBTUSD`: Sell 2000 @ 568.16
[2016-06-23 05:08:59] aethlios : BitMEX_Wally: Another idea.... I will send e-mail.
[2016-06-23 05:10:56] santacruz : the main idea - it does not matter what leverage is -always do your money managment
[2016-06-23 05:13:47] mjmj83 : santacruz: true.
[2016-06-23 05:13:49] BitMEX_Wally : aethlios: Yes we are looking into position limits
[2016-06-23 05:14:08] BitMEX_Wally : santacruz: Send an email to support@bitmex.com and I will cancel it ASAP
[2016-06-23 05:14:49] aethlios : BitMEX_Wally: My second suggestion is: Add 5% of premium or discount paid to traders to the insurance fund.
[2016-06-23 05:15:43] Rado : Hey guys
[2016-06-23 05:16:08] Rado : What was the main reason for the sell off
[2016-06-23 05:16:23] Rado : I did not get a chance to read yet
[2016-06-23 05:17:01] mjmj83 : No specific reason ifaik
[2016-06-23 05:17:16] mjmj83 : afaik
[2016-06-23 05:21:14] BitMEX_Wally : santacruz: Canceled
[2016-06-23 05:24:17] elmorte : Rado: morning
[2016-06-23 05:24:26] elmorte : Let me know when you find out :)
[2016-06-23 05:27:50] Rado : Gm elmorte
[2016-06-23 05:28:32] elmorte : Bloody morning unfortunately :( Red all over...
[2016-06-23 05:29:35] Rado : When is the vote?
[2016-06-23 05:36:09] aethlios : Rado: today 7 am to 22:00 uk time
[2016-06-23 05:37:43] BitMEX_Wally : Polls open in 23 minutes
[2016-06-23 05:38:09] BitMEX_Wally : Results will be announced around 7am tomorrow BST
[2016-06-23 05:39:06] xzsd : HOHOHO. hi
[2016-06-23 05:43:44] Rado : Thanks guys
[2016-06-23 05:47:55] elmorte : Should be exit polls though in the meantime, right?
[2016-06-23 05:48:36] BitMEX_Wally : Exit polls are not allowed in the UK
[2016-06-23 05:48:58] BitMEX_Wally : Or at least the reporting of them before the official announcement
[2016-06-23 05:53:29] elmorte : Ah, good to know, cheers
[2016-06-23 06:01:35] aethlios : if brexit happens there will be hell #2 to the upside.
[2016-06-23 06:04:13] mjmj83 : aethlios: And if not?
[2016-06-23 06:05:02] aethlios : mjmj83: if not already price in, that's why the dump. Also if not I believe we will go up again and retrace 630-670.
[2016-06-23 06:05:40] zanza : BREXIT will fail, and BTC drops
[2016-06-23 06:06:37] mjmj83 : I don't think the dump has anything to do with Brexit... it's just how the Chinese like to gamble on the markets.. pump.. and then dump.
[2016-06-23 06:07:01] mjmj83 : We have seen this before sometimes in Bitcoin.. it's 90% of the time China.
[2016-06-23 06:07:20] mjmj83 : I don't think the Bitcoiners in China even are aware of a Brexit.
[2016-06-23 06:08:43] aethlios : mjmj83: after the assassination of Jo Cox, the rally stopped, then rumors that bremain wins happened and whales started to unload, so didn't wait for first results. If they are wrong they will get slaughtered.
[2016-06-23 06:10:02] aethlios : mjmj83: it is the whales, they want a story to pump, halving and brexit was a good story to sell to small traders.
[2016-06-23 06:14:19] mjmj83 : aethlios: nice theory
[2016-06-23 06:15:57] Rado : Not bouncing much yet
[2016-06-23 06:17:24] Rado : Okc down?
[2016-06-23 06:19:37] Tetsuo : anyone sellin here is a moron
[2016-06-23 06:20:36] mjmj83 : Rado: ikc working fine here
[2016-06-23 06:21:05] mjmj83 : In the meantime.. can anyone explain me why OKC is called the woodchipper? I did see the meme image, but I don't understand.
[2016-06-23 06:21:09] XBTXBTXBT : these charts are fantastic
[2016-06-23 06:25:31] Rado : Mjmj83 okc usd or cny.
[2016-06-23 06:25:35] Rado : .
[2016-06-23 06:25:40] Rado : ?
[2016-06-23 06:26:17] BitMEX_Arthur : http://i.imgur.com/t0Pw9AN.png
[2016-06-23 06:26:27] BitMEX_Arthur : That's where the meme is from
[2016-06-23 06:26:35] BitMEX_Arthur : https://www.reddit.com/r/BitcoinMarkets/comments/33eepx/okcoin_futures_largest_contract_holder_margin/
[2016-06-23 06:26:38] BitMEX_Arthur : There is the reddit thread
[2016-06-23 06:27:51] Rado : Is the DPE going to be reduced if the price increases?
[2016-06-23 06:27:59] BitMEX_Arthur : Rado: yes
[2016-06-23 06:28:01] mjmj83 : Rado: yes
[2016-06-23 06:28:07] mjmj83 : PLEAS BUY US OUT OF HERE RADO! :)
[2016-06-23 06:28:55] Rado : I can only buy 2000 btc
[2016-06-23 06:30:12] REKT : Liquidated short on `XBTUSD`: Buy 200 @ 578.68
[2016-06-23 06:37:52] REKT : Liquidated short on `XBTUSD`: Buy 45 @ 581.25
[2016-06-23 06:39:52] ayy_lmao : where is that huge liq order at
[2016-06-23 06:39:55] ayy_lmao : how far we need to go
[2016-06-23 06:40:37] micmix : https://www.bitmex.com/api/v1/liquidation
[2016-06-23 06:41:00] ayy_lmao : thx
[2016-06-23 06:41:17] ayy_lmao : prob not gonna get hit by rebalance
[2016-06-23 06:41:18] ayy_lmao : rp
[2016-06-23 06:41:20] ayy_lmao : rip
[2016-06-23 06:43:45] aethlios : let's kill dpe
[2016-06-23 06:45:56] Rado : Why not
[2016-06-23 06:48:35] QuantFocus : ayy_lmao: 618 i believe
[2016-06-23 06:48:48] mjmj83 : QuantFocus: 624
[2016-06-23 06:48:51] mjmj83 : see the api
[2016-06-23 06:48:57] QuantFocus : yea, i see it now
[2016-06-23 06:49:05] QuantFocus : it moved up...pretty sure it was 618 before
[2016-06-23 06:50:31] Rado : Here we have 200k
[2016-06-23 06:50:50] Rado : Gone
[2016-06-23 06:50:57] ayy_lmao : i cant wait to get dpe'd
[2016-06-23 06:51:09] ayy_lmao : what about you guys
[2016-06-23 06:51:30] Skitrx : so it's expected to adjust upwards by 22.5%?
[2016-06-23 06:51:33] QuantFocus : man, i got screwed by 50 cents on margin call
[2016-06-23 06:51:47] REKT : Liquidated short on `XBTUSD`: Buy 6000 @ 591.60
[2016-06-23 06:51:53] QuantFocus : with btc on deposit that hadn't cleared
[2016-06-23 06:53:46] elmorte : Rado: good call on 580 last night btw
[2016-06-23 06:54:04] Rado : Thanks
[2016-06-23 06:55:16] QuantFocus : Skitrx: positions in the money will be reduced by DPE amount
[2016-06-23 06:55:32] QuantFocus : profit * (1-DPE) = realized
[2016-06-23 06:55:41] ayy_lmao : 20
[2016-06-23 06:55:44] ayy_lmao : %
[2016-06-23 06:55:59] Skitrx : ah I see, thanks
[2016-06-23 07:17:04] xzsd : i get my first call =o
[2016-06-23 07:17:33] xzsd : fish
[2016-06-23 07:18:01] rapidtrades : guys don't be scared, a little DPE never hurt nobody
[2016-06-23 07:20:10] blurrrrrp : rapidtrades: haha
[2016-06-23 07:20:49] aethlios : pound 0.4% up
[2016-06-23 07:20:53] ayy_lmao : lol im about to pay 0.6 in dpe, hbu?
[2016-06-23 07:21:05] rapidtrades : aethlios: pls stop
[2016-06-23 07:21:50] BitMEX_Arthur : Straw poll, Brexit or Bremain?
[2016-06-23 07:22:16] rapidtrades : bremain but want brexit
[2016-06-23 07:22:18] REKT : Liquidated short on `XBTUSD`: Buy 3100 @ 594.17
[2016-06-23 07:22:49] rapidtrades : also it won't affect the price of bitcoin aside from a kneejerk reaction
[2016-06-23 07:23:57] rapidtrades : okc now wrecking shorts
[2016-06-23 07:24:55] rapidtrades : BitMEX_Arthur: hey shouldn't the buy and sell LIQs nullify themselves
[2016-06-23 07:25:22] rapidtrades : there's no liqs on both sides
[2016-06-23 07:25:29] BitMEX_Arthur : They will at rebalancing
[2016-06-23 07:25:42] rapidtrades : ah ok cool
[2016-06-23 07:28:37] REKT : Liquidated short on `XBTUSD`: Buy 100 @ 598.92
[2016-06-23 07:28:55] rapidtrades : so no news out of China why they freaked out like lil girls last night?
[2016-06-23 07:33:32] xzsd : idk
[2016-06-23 07:35:17] Tetsuo : rapidtrades: i think china was scared of the brexit
[2016-06-23 07:36:11] aethlios : rapidtrades: finex okcoin futures 2 usd spread now.
[2016-06-23 07:36:32] xzsd : I think this is all articuled by a group of 10 ppl
[2016-06-23 07:37:00] xzsd : or less ppl
[2016-06-23 07:37:32] aethlios : xzsd: I sure they are not older than 25
[2016-06-23 07:39:09] Tetsuo : reptilians?
[2016-06-23 07:40:14] boolander : will page david icke for comment
[2016-06-23 07:40:34] boolander : hope he's wearing his beeper today
[2016-06-23 07:42:53] aethlios : silver up 1.25%
[2016-06-23 07:47:11] boolander : can we trade silver here?
[2016-06-23 07:47:23] aethlios : boolander: no
[2016-06-23 07:47:35] boolander : you mean, not yet?
[2016-06-23 07:48:02] aethlios : boolander: who knows what the future brings...
[2016-06-23 07:48:34] boolander : ;-)
[2016-06-23 07:54:34] xzsd : aethlios: i agree. new stomachs XD
[2016-06-23 08:38:51] REKT : Liquidated long on `ETHXBT`: Sell 100 @ 0.02187
[2016-06-23 08:43:02] solesituation : what a dumb intereface
[2016-06-23 08:43:20] solesituation : had a close position which did not activate
[2016-06-23 08:43:52] Mm bot : Hey guys just stared the MM bot :)
[2016-06-23 08:45:35] Mm bot : should I set it to a high leverage instead of cross ?
[2016-06-23 08:46:22] Mm bot : so a few small bad trade can liquid instead of affect the balance when market crash/pump 10% again
[2016-06-23 08:47:02] BitMEX_Arthur : I would suggest using cross
[2016-06-23 08:47:06] REKT : Liquidated long on `XBJ24H`: Sell 1 @ 62084.0 :punch: :whale:
[2016-06-23 08:48:35] Mm bot : thx author, do you guys run that script internally? I know I need to tune it over time with more tests. I just want to check how well default setting works
[2016-06-23 09:00:45] ayy_lmao : does the current dpe % have insurance fund applied or is that without the insurance fund
[2016-06-23 09:03:36] BitMEX_Arthur : ayy_lmao: all available funds have been applied
[2016-06-23 09:09:14] JohnBoeg : It might be worth investigating more robust systems to prevent this from happening in the future? For instance liquidating positions a little earlier, or stepwise liquidation?
[2016-06-23 09:09:36] macios15 : what was the highest dpe ever
[2016-06-23 09:10:26] JohnBoeg : This way we actually favor the people who let their positions be liquidated, which seems not very desirable.
[2016-06-23 09:10:28] justinlooking : macios15: i think about 45% but couldn't swear to it
[2016-06-23 09:10:29] mjmj83 : I have seen 32%, but I think it was higher.
[2016-06-23 09:10:35] ayy_lmao : lmao
[2016-06-23 09:11:25] micmix : https://www.bitmex.com/app/settlementHistory and check Adjustment Rate to see DPE
[2016-06-23 09:14:39] ayy_lmao : well this will be brutal, not enough time for us to bounce higher to clear
[2016-06-23 09:17:19] JohnBoeg : I'm short, but almost rooting for the price to go UP :-)
[2016-06-23 09:19:01] REKT : Liquidated long on `XBJ24H`: Sell 1 @ 61790.0 :punch: :whale:
[2016-06-23 09:19:35] ayy_lmao : rekt bot is best bot
[2016-06-23 09:22:56] micmix : it's working overtime lately
[2016-06-23 09:27:02] REKT : Liquidated long on `XBTM16`: Sell 35 @ 582.47
[2016-06-23 09:27:14] REKT : Liquidated long on `XBTUSD`: Sell 5253 @ 582.39
[2016-06-23 09:27:35] ayy_lmao : china pls
[2016-06-23 09:27:36] ayy_lmao : no more dpe
[2016-06-23 09:27:53] ayy_lmao : china pls
[2016-06-23 09:27:59] Tetsuo : goin for 500 tonight
[2016-06-23 09:29:06] REKT : Liquidated long on `XBJ24H`: Sell 7500 @ 61075.0
[2016-06-23 09:30:58] xzsd : /\ what?
[2016-06-23 09:31:10] xzsd : ah XBJ.
[2016-06-23 09:31:12] ayy_lmao : its xbt / j
[2016-06-23 09:31:21] xzsd : i saw after
[2016-06-23 09:31:22] xzsd : xD
[2016-06-23 09:32:56] Tetsuo : 2000BTC buy wall@btc-e
[2016-06-23 09:33:18] ayy_lmao : lol wut
[2016-06-23 09:33:29] asdfman : cant see it
[2016-06-23 09:33:58] Tetsuo : and it´s gone
[2016-06-23 09:34:45] xzsd : filled or cancelled?
[2016-06-23 09:36:09] Tetsuo : cancelled
[2016-06-23 09:36:31] macios15 : dpe affects witheld profit?
[2016-06-23 09:36:41] ayy_lmao : yeah
[2016-06-23 09:37:12] ayy_lmao : 25% of ur profit will be used to socialize losses at current rate