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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[2016-06-27 01:34:08] rapidtrades : important takeaway is that they're not gonna fight the weakness....for now
[2016-06-27 01:35:40] Skitrx : so investors will likely hedge bitcoin to protect their Yuan
[2016-06-27 01:35:49] Skitrx : speculation
[2016-06-27 01:35:59] rapidtrades : doubtful
[2016-06-27 01:36:44] rapidtrades : like i said above the actual fall happened on friday
[2016-06-27 01:36:57] Skitrx : i'm just thinking of media coverage
[2016-06-27 01:37:02] rapidtrades : because only the offshore rate trades freely
[2016-06-27 01:39:36] REKT : Liquidated short on `XBTUSD`: Buy 20 @ 632.63
[2016-06-27 01:51:57] Tetsuo : stupid bears will never learn
[2016-06-27 01:52:47] REKT : Liquidated short on `XBTUSD`: Buy 74970 @ 640.67 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-06-27 01:52:47] REKT : Liquidated short on `XBTUSD`: Buy 23300 @ 640.58 **MEGA-REKT** :boom:
[2016-06-27 02:01:50] mbaril : damn I miss the train
[2016-06-27 02:05:21] REKT : Liquidated short on `XBTUSD`: Buy 2500 @ 647.75
[2016-06-27 02:06:49] Tetsuo : mbaril: should have listened to tetsuo, 3 days in a row now
[2016-06-27 02:07:22] mbaril : Tetsuo: ahahha yeah sure
[2016-06-27 02:07:29] mbaril : and now the next stop is 350
[2016-06-27 02:08:02] REKT : Liquidated short on `XBJ24H`: Buy 1729 @ 66210.0
[2016-06-27 02:12:31] mbaril : are we gonna break 4300 again :P
[2016-06-27 02:18:54] Mm bot : Pool of teddy bears got punched
[2016-06-27 02:46:39] fineregex : mbaril: did it even break?
[2016-06-27 02:51:39] fineregex : why cant i submit another position
[2016-06-27 02:52:12] fineregex : when leverage is still low
[2016-06-27 02:52:45] fineregex : "exceeds account risk limit"
[2016-06-27 02:52:46] Adura : Did you run out of available balance?
[2016-06-27 02:53:19] fineregex : no avaiable balance is 5 times the margin
[2016-06-27 02:53:46] Adura : Odd.
[2016-06-27 02:54:46] QuantFocus : fineregex: perhaps you set the leverage at 5x max. use cross or higher leverage with the slider
[2016-06-27 02:55:18] fineregex : it is cross
[2016-06-27 03:05:03] Rado : fineregex: check the order type in the drop down
[2016-06-27 03:05:56] fineregex : normal
[2016-06-27 03:06:02] fineregex : but thanks
[2016-06-27 03:07:52] BitMEX_Wally : fineregex: In order to prevent DPE we have put in place a 500 Bitcoin limit on total positions
[2016-06-27 03:08:09] QuantFocus : damn bro
[2016-06-27 03:08:10] XBTXBTXBT : dpe?
[2016-06-27 03:08:27] BitMEX_Wally : XBTXBTXBT: https://www.bitmex.com/app/dynamicProfitEqualisation
[2016-06-27 03:08:54] XBTXBTXBT : ty
[2016-06-27 03:09:27] BitMEX_Wally : We are working on alternate solutions, but the problem is when a 1000000 contract position in XBTUSD gets liquidated the order cannot be closed out in the market and we end up with DPE
[2016-06-27 03:18:04] messiaen8844 : Nice, XBJ more liquid now... Quonine is not on TradingView though, isn't it?
[2016-06-27 03:18:40] messiaen8844 : BTCJPY only MTGOX lol
[2016-06-27 03:19:30] fineregex : BitMEX_Wally: thank you
[2016-06-27 03:19:49] BitMEX_Wally : fineregex: You can have 2 accounts if you like, this is fine because your 2 positions will have different liquidation prices
[2016-06-27 03:20:29] fineregex : BitMEX_Wally: can you send my deposit back to the adress it came from
[2016-06-27 03:20:40] BitMEX_Wally : fineregex: Submit a withdrawal request
[2016-06-27 03:20:53] fineregex : BitMEX_Wally: i mean, without waiting until tomorrow?
[2016-06-27 03:22:33] BitMEX_Wally : Withdrawals are processed in 10 hours time. If you are withdrawing more than 100 Bitcoin then email us and I'll see what we can do.
[2016-06-27 03:23:21] fineregex : it is two diggits but all i have to trade with and dont want to miss an opportunity tonight
[2016-06-27 03:27:30] fineregex : BitMEX_Wally: will it be more likely fast when using the same adress it came from? or a new 3BMEX like you said?
[2016-06-27 03:29:04] BitMEX_Wally : fineregex: I have temporarily raised your risk limit
[2016-06-27 03:37:17] fineregex : BitMEX_Wally: thank you
[2016-06-27 03:37:53] fineregex : BitMEX_Wally: i guess next to your future solutions showing people the market depth chart would help too.
[2016-06-27 03:38:30] fineregex : BitMEX_Wally: you liquidate in portions, once a minute , like poloniex or any?
[2016-06-27 03:40:27] BitMEX_Wally : The whole position is liquidated whenever the mark price cross the liquidation price
[2016-06-27 03:41:08] fineregex : BitMEX_Wally: it should wait for arbitrager's at least
[2016-06-27 03:42:16] fineregex : / not be sold more than x% below the pricing source
[2016-06-27 03:43:16] BitMEX_Wally : https://www.bitmex.com/app/liquidation
[2016-06-27 03:47:14] fineregex : ah:) limit orders but not market
[2016-06-27 03:48:16] fineregex : just didnt say if the pricing source or the local market counts (if i didnt read too quickly)
[2016-06-27 03:54:25] fineregex : BitMEX_Wally: i appreciate you guys got trailing stop
[2016-06-27 03:54:51] fineregex : BitMEX_Wally: have a nice day
[2016-06-27 03:55:34] BitMEX_Wally : fineregex: Thanks for the suggestion re: depth chart
[2016-06-27 04:01:51] REKT : Liquidated long on `ETHXBT`: Sell 10 @ 0.02157
[2016-06-27 04:16:02] REKT : Liquidated short on `XBJ24H`: Buy 1950 @ 65896.0
[2016-06-27 04:54:13] fineregex : Tetsuo: ...Yet h u o b i and bitmex have so much in common. They were the only ones i know of, where you can immediately deposit but withdraw - surpise requiring to wait (identity verification, for the one - manual daily withdrawal reviews for the other)
[2016-06-27 05:45:19] mikeh : rebalance is evil.. my .3 btc long is at -.22 Realised PNL
[2016-06-27 05:47:31] mikeh : seems you don't have to be liquidated to lose money
[2016-06-27 05:55:21] REKT : Liquidated short on `XBJ24H`: Buy 1950 @ 65932.0
[2016-06-27 06:02:51] fineregex : i look for a good and cheap place to trade, Nickel, and hopefully more commodities. Also the DOW jones with high leverage. Is there any? (bitcoin prefered but not necessary) (2. What can we do to make bitmex open such markets? )
[2016-06-27 06:11:34] fineregex : 1broker has oil at least but pretty expensive, (much more than storage costs) Yet for precious metals like Nickel costs are lower so there should be something, yet i saw few on the stock market, low leverage only but high fees
[2016-06-27 06:15:53] hey : fineregex: maybe give p500 a go for fiat cfds
[2016-06-27 06:17:33] fineregex : i was about Nickel and other commodities
[2016-06-27 06:20:41] hey : hmm i thought they had those as well, but apparently not
[2016-06-27 06:26:16] REKT : Liquidated short on `XBJ24H`: Buy 900 @ 66316.0
[2016-06-27 06:26:17] REKT : Liquidated short on `XBJ24H`: Buy 330 @ 66267.0
[2016-06-27 06:27:42] fineregex : hey: thanks, looks like bitmex is high on bitcoin?
[2016-06-27 06:28:39] boolander : yeah. some clown keeps bidding up the premium
[2016-06-27 06:30:17] fineregex : buy-only-market
[2016-06-27 06:33:19] fineregex : pro.btcc.com
[2016-06-27 06:40:30] fineregex : does this happen here often?
[2016-06-27 06:41:28] boolander : what?
[2016-06-27 06:43:01] fineregex : <1% difference to bitcoin average
[2016-06-27 06:43:07] Tetsuo : that´s even low
[2016-06-27 06:43:23] fineregex : sorry >1% i mean
[2016-06-27 06:43:30] Tetsuo : could easily go up to 3-5%
[2016-06-27 06:43:41] fineregex : but not down?
[2016-06-27 06:44:03] fineregex : :D
[2016-06-27 06:44:30] Tetsuo : also but mostly its up
[2016-06-27 06:47:31] fineregex : so now that my 123 order is up for a while and just 1 usd filled
[2016-06-27 06:47:51] fineregex : i assume there is consensus among the 120 people online that it will rise?
[2016-06-27 06:49:30] fineregex : or people tend to do bordom/mini pump/pyramids?
[2016-06-27 07:05:38] odieoh : I like to look for the hexagon pattern
[2016-06-27 07:08:13] wurstgelee : wtf? login captcha? oO
[2016-06-27 07:09:31] Stefanowic : I think too it's on the rise when the markets open all over
[2016-06-27 07:10:40] Tetsuo : wurstgelee: bitmex hacked and robbed?
[2016-06-27 07:11:46] fineregex : you like my 44 spam?
[2016-06-27 07:11:48] wurstgelee : Tetsuo: my guess would be some kind of brute force attack on user/pw combinatons
[2016-06-27 07:12:02] Tetsuo : uuuuh, i wouldn´t like that
[2016-06-27 07:12:09] wurstgelee : shoudlnt be a problem with 2fa
[2016-06-27 07:12:15] Tetsuo : ...
[2016-06-27 07:12:23] wurstgelee : u have 2fa, right? =)
[2016-06-27 07:12:31] Tetsuo : any minute now
[2016-06-27 07:12:40] fineregex : i will get a longer password
[2016-06-27 07:12:41] wurstgelee : or at least a unique pw for this site...
[2016-06-27 07:12:51] fineregex : wurstgelee: always a good point
[2016-06-27 07:12:57] Tetsuo : yes, but i´m gettin 2 fa now too, you scared me a bit
[2016-06-27 07:12:59] wurstgelee : if u use btctalkpw or similar here and dont have 2fa... good bye :)
[2016-06-27 07:13:18] wurstgelee : 2fa is a must-have. easy and secure
[2016-06-27 07:13:39] wurstgelee : undless username, pw AND your unlocked, unsecured phone get stolen by the same guy
[2016-06-27 07:13:43] wurstgelee : which is kind of unlikely ;)
[2016-06-27 07:14:19] Tetsuo : i have it on all the other trading sites, but i tihnk i can remember that i had to reenter 2fa every 5 minutes or so when i used it on my phone
[2016-06-27 07:14:24] Tetsuo : on bitmex
[2016-06-27 07:20:11] Tetsuo : 800 buywall on finex
[2016-06-27 07:31:12] subjective : break up in 20mins, strap in guys
[2016-06-27 07:32:21] wurstgelee : fully strapped in ~ 1h ago
[2016-06-27 07:32:49] wurstgelee : Tetsuo: u dont have to reenter 2fa here - only for withdrawals. which makes sense
[2016-06-27 07:33:36] Tetsuo : it was like that on the phone 6-8 months ago, i swear on my dead donkey
[2016-06-27 07:34:08] wurstgelee : 8)
[2016-06-27 07:34:13] wurstgelee : hunting coffee, brb
[2016-06-27 07:37:04] subjective : predict break up or down here ?
[2016-06-27 07:39:30] men : up
[2016-06-27 07:40:57] BitMEX_Wally : The login captcha only appears if you get a password wrong on login
[2016-06-27 07:41:04] BitMEX_Wally : It's to prevent people brute forcing passwords
[2016-06-27 07:41:43] BitMEX_Wally : 2FA is required when logging in, making withdrawals, or creating API keys etc.
[2016-06-27 07:44:45] subjective : men: Panic buy in 3, 2, 1.....
[2016-06-27 07:45:27] men : subjective: yeah ahahah :D
[2016-06-27 07:45:40] men : xD
[2016-06-27 07:46:11] wurstgelee : weeee :D
[2016-06-27 07:46:26] justinlooking : wtf 123
[2016-06-27 07:46:38] subjective : justinlooking: count down :)
[2016-06-27 07:48:58] wurstgelee : lol
[2016-06-27 07:49:00] wurstgelee : nice fomo buys
[2016-06-27 07:49:01] subjective : panic bought
[2016-06-27 07:49:20] wurstgelee : bought some off me
[2016-06-27 07:49:22] wurstgelee : thank you
[2016-06-27 07:49:30] subjective : would've sour if this is a fake out.. Same here, thanks for doing biz
[2016-06-27 07:49:38] wurstgelee : :D
[2016-06-27 07:50:44] wurstgelee : especially if u can rebuy those $1 lower few seconds later
[2016-06-27 07:50:45] macios15 : soo now we can crash lol
[2016-06-27 07:50:53] wurstgelee : $11 ofc
[2016-06-27 07:51:15] boolander : fanks for the lift-out
[2016-06-27 07:54:30] subjective : wurstgelee: panic sold, panic buy, waiting for whale to battle it out for confirmation..
[2016-06-27 07:54:40] wurstgelee : =)
[2016-06-27 07:54:50] macios15 : buy buy buy!
[2016-06-27 07:54:54] macios15 : sell sell sell!
[2016-06-27 07:55:08] men : lol
[2016-06-27 07:55:13] wurstgelee : lol indeed
[2016-06-27 07:56:07] wurstgelee : time to switch to panic buys again please
[2016-06-27 07:56:56] subjective : 5 mins for buy vs sell side to fight it out.. time to make a tea
[2016-06-27 07:57:32] subjective : if bull win then shorts are going to be very said..
[2016-06-27 07:58:16] subjective : I am out :)
[2016-06-27 08:02:56] subjective : get back in when until they fight it out..
[2016-06-27 08:05:08] Tetsuo : buy in now, look back in 6-8 weeks at the top of the new ATH, hooray for BTC
[2016-06-27 08:08:18] wurstgelee : time for panic buys again. go on, dont hold back. ;)
[2016-06-27 08:09:21] wurstgelee : k, a little 2 early
[2016-06-27 08:17:50] subjective : down we go :(
[2016-06-27 08:18:42] macios15 : subjective: not jet
[2016-06-27 08:19:10] subjective : Huobi breaks triangle, matter of time bro
[2016-06-27 08:19:56] subjective : RSI points down, nothing its 100% make ur own decision..
[2016-06-27 08:20:20] rullwull : up)
[2016-06-27 08:21:15] rullwull : btc up, eth down
[2016-06-27 08:26:00] subjective : wurstgelee: if this drops for real, the guy who fat finger bought to 667 will be in pain..
[2016-06-27 08:28:24] subjective : Panic sell in 3, 2, 1 ....
[2016-06-27 08:28:40] rullwull : there could be a lot of stops and rects up to 667, how about guys who bought below 620?
[2016-06-27 08:29:41] macios15 : 610 even
[2016-06-27 08:34:34] fineregex : no more hammering down bitcoin
[2016-06-27 08:38:29] subjective : fineregex: no one is doing anything here, it's the chinese
[2016-06-27 08:41:42] fineregex : my sentence wasnt meant to assume who
[2016-06-27 08:44:36] fineregex : subjective: but of course as of your nikname you needed to feel addressed
[2016-06-27 08:44:47] fineregex : its only right
[2016-06-27 08:49:51] Tetsuo : BitMEX_Wally: how long until bitmex is marketleader? could you give an ETA?
[2016-06-27 08:53:41] haxmb : who's giving away all this money
[2016-06-27 08:53:42] haxmb : wow
[2016-06-27 08:54:00] subjective : fat finger sells, then followed by rekt time :)
[2016-06-27 08:54:06] haxmb : llol
[2016-06-27 08:54:19] haxmb : well thanks anyway :) whoever it was
[2016-06-27 08:54:21] REKT : Liquidated long on `FCTXBT`: Sell 1 @ 0.001658 :punch: :whale:
[2016-06-27 08:54:35] subjective : not this rekt
[2016-06-27 08:55:17] haxmb : got some nice contracts on 635 and 638-640
[2016-06-27 08:56:02] subjective : it's funny that Bitmex follows other markets, so u can feel free to talk about position without affect the market.. gold :)
[2016-06-27 08:56:47] haxmb : =]
[2016-06-27 08:59:50] boolander : funny till some punter pete goes b4lls to the walls long or short and then unleashes the DPE on erryone
[2016-06-27 09:01:39] subjective : DPE is pretty OP..
[2016-06-27 09:11:54] BitMEX_Wally : Tetsuo: We already are a market leader :)
[2016-06-27 09:26:06] esuvari : anyone else having trouble reaching bitmex on mobile?
[2016-06-27 09:26:14] esuvari : it just won't login
[2016-06-27 09:26:45] XBTXBTXBT : This markets makes little sense right now
[2016-06-27 09:28:20] subjective : XBTXBTXBT: why?
[2016-06-27 09:28:47] subjective : brexit + halving, then whale squeeze longs?
[2016-06-27 09:29:39] esuvari : BitMEX_Wally: u have any idea why bitmex is not reachable on mobile?
[2016-06-27 09:29:46] fineregex : when to long gbp?
[2016-06-27 09:29:56] fineregex : 1.250001 ?
[2016-06-27 09:30:03] boolander : parity
[2016-06-27 09:31:46] BitMEX_Wally : esuvari: What phone do you have, and what error or behaviour are you seeing?
[2016-06-27 09:31:58] fineregex : boolander: well, easy advice cant fail, congratulations
[2016-06-27 09:33:10] fineregex : the gbp just gave me 0.5 btc in 5 minutes
[2016-06-27 09:33:20] fineregex : *swoon*
[2016-06-27 09:33:40] subjective : that might be the last dump before halving, 4100CNY, 620USD should be solid support for the next rally
[2016-06-27 09:34:56] fineregex : subjective: you assume dump yet because it isnt running straigh over 650 yet?
[2016-06-27 09:36:13] subjective : fineregex: takes time
[2016-06-27 09:37:06] boolander : parity +.00001
[2016-06-27 09:37:21] fineregex : boolander: si senor
[2016-06-27 09:37:41] fineregex : subjective: https://www.bitstamp.net/market/tradeview/ sellside looks weak / fake
[2016-06-27 09:38:10] subjective : fineregex: FYI I am bullish from now on
[2016-06-27 09:38:38] subjective : look at 2H chart and draw a line at the bottom, that should be the new support..
[2016-06-27 09:38:54] fineregex : is there any chart/website combining all market depth of major exchanges?
[2016-06-27 09:39:08] XBTXBTXBT : I assume kaiko
[2016-06-27 09:40:42] fineregex : :D
[2016-06-27 09:41:57] esuvari : BitMEX_Wally: iphone 6, both on chrome & safari I see the login screen. I enter my credentials but can't see the next page. bitöex logo keeps bouncing and stays there.
[2016-06-27 09:43:11] hey : fineregex: maybe https://hypron.net/bitcoinwisdom/
[2016-06-27 09:45:09] wotan : fineregex: i like cryptowat.ch
[2016-06-27 09:45:50] BitMEX_Wally : esuvari: Try disabling wireless on your phone and use 3G only. Tell me if that works?
[2016-06-27 09:46:14] esuvari : nope, it doesn't. I tried wireless & 3g.
[2016-06-27 09:47:42] esuvari : I actually do get logged in, receive the mail and all. but can't get past the logo screen and see the interface
[2016-06-27 09:50:43] fineregex : XBTXBTXBT: Thanks! @wotan @hey
[2016-06-27 09:50:59] fineregex : subjective: how far does your 2h chart reach back, april?
[2016-06-27 09:52:52] fineregex : the last 2h candle at bitmex is actually a standard bullish candle, short with long wick down
[2016-06-27 09:53:35] fineregex : the wick up is not real
[2016-06-27 09:56:35] esuvari : BitMEX_Wally: anything?
[2016-06-27 09:57:30] BitMEX_Wally : I've checked the logs and I see the login and it's fine
[2016-06-27 09:57:42] BitMEX_Wally : I cannot replicate this issue on an iPhone 6s
[2016-06-27 09:57:59] BitMEX_Wally : On your iPhone please go to Settings, Safari, Clear History and Website Data
[2016-06-27 09:58:02] BitMEX_Wally : Then try again
[2016-06-27 09:59:22] justinlooking : maybe cookies being blocked?
[2016-06-27 09:59:59] BitMEX_Wally : Just seeing the bouncing logo normally means the browser has experienced a javascript error while loading/initalising the code
[2016-06-27 10:02:06] boolander : goodnight europeon banks
[2016-06-27 10:03:23] wotan : boolander just the bgeinning:)
[2016-06-27 10:04:12] wotan : bought me more physical silver today
[2016-06-27 10:14:48] boolander : agreed there
[2016-06-27 10:20:22] subjective : What is a good value for trailing stop market? Need some advice so I can sleep better
[2016-06-27 10:20:55] subjective : If I set 15 dollars, is that on my entry price or index price?
[2016-06-27 10:23:32] subjective : Does trailing stop take into account of % drop in last few minutes?
[2016-06-27 10:32:53] BitMEX_Wally : subjective: Trailing stop tracks the mark price
[2016-06-27 10:33:40] BitMEX_Wally : So if you are long and set a trailing stop to sell with trail value -15 that means the stop price will be 15 dollars below the mark price, and as the mark price rises, the stop price will rise too
[2016-06-27 10:34:15] BitMEX_Wally : Actually, you can choose if you want Mark Price or Last Price, there is a checkbox
[2016-06-27 10:35:35] macios15 : crash
[2016-06-27 10:35:46] boolander : goodnight britcoin
[2016-06-27 10:39:07] macios15 : china 627 lol
[2016-06-27 10:43:06] aethlios : yuan going down and china in a discount?? miners selling??
[2016-06-27 10:46:54] Skitrx : it wouldn't make sense for miners to sell when yuan is down
[2016-06-27 10:47:15] Skitrx : just market volatility
[2016-06-27 10:48:54] bhok : sorry guys there are some way of simply lend to other traders?
[2016-06-27 10:49:10] bhok : without buy or sell?
[2016-06-27 10:49:39] justinlooking : bhok: not on bitmex
[2016-06-27 10:50:01] bhok : ouch thank you
[2016-06-27 10:56:04] bhok : and interest rates are paid in base to invested fund ior too is paid for the leverage?
[2016-06-27 10:56:38] bhok : i mean if i buy a short at 1BTC with 50x leverage
[2016-06-27 10:56:54] bhok : i will receive the funding rate over 1 btc or over 50?
[2016-06-27 10:57:41] hey : funding rate applies to the full size of your posiition
[2016-06-27 10:58:12] hey : (i.e. 50 btc in your example)
[2016-06-27 10:59:25] bhok : very interesting thank u a lot
[2016-06-27 11:01:59] hey : btw, bitmex does not keep a cut of the funding transactions so the money stays "at the table"
[2016-06-27 11:02:41] hey : (it does not slowly disappear from trader accounts)
[2016-06-27 11:03:33] hey : (compare to 15% vig at bfx)
[2016-06-27 11:03:33] BitMEX_Wally : bhok: Funding is on the total position size, leverage is irrelevant
[2016-06-27 11:06:28] bhok : you mean if i put one btc i will receive or will pay interest only for that btc independently of the leverage?
[2016-06-27 11:06:54] justinlooking : yes
[2016-06-27 11:08:53] BitMEX_Wally : So if you use 50x you can deposit 0.02 Bitcoin and earn interest on 1 Bitcoin
[2016-06-27 11:09:51] bhok : wow
[2016-06-27 11:10:13] bhok : but strong price movement can make me to receive a margin call quickly?
[2016-06-27 11:10:41] BitMEX_Wally : bhok: Yes, I would recommend you use less leverage and hedge your position if you want to just earn interest
[2016-06-27 11:11:01] BitMEX_Wally : https://blog.bitmex.com/earning-interest-income-on-xbtusd-with-minimised-risk/
[2016-06-27 11:11:01] bhok : hedge?
[2016-06-27 11:11:14] bhok : coul you please provide me some info link about hedging?
[2016-06-27 11:11:19] BitMEX_Wally : I just did
[2016-06-27 11:11:20] bhok : ooo
[2016-06-27 11:11:23] bhok : than you
[2016-06-27 11:11:47] bhok : lol it is exactly what i was looking for thank you again mr
[2016-06-27 11:12:25] BitMEX_Wally : So if you deposited 1 Bitcoin and entered a 1x leveraged short XBTUSD position you would be hedged against the Bitcoin price movement, and would earn the funding
[2016-06-27 11:13:10] BitMEX_Wally : See also: https://blog.bitmex.com/swaps-101/
[2016-06-27 11:13:41] REKT : Liquidated long on `XBTUSD`: Sell 872 @ 632.32
[2016-06-27 11:19:17] REKT : Liquidated long on `XBTUSD`: Sell 1521 @ 631.11
[2016-06-27 11:19:17] REKT : Liquidated long on `XBTUSD`: Sell 30 @ 631.71
[2016-06-27 11:19:20] macios15 : this gona be good
[2016-06-27 11:20:03] justinlooking : cud y'all wait for rebalance before getting shrekt please
[2016-06-27 11:24:41] gustavo7 : justinlooking: i just choked on my laughter, lol
[2016-06-27 11:25:14] macios15 : ma5 and ma10 gona cross on okcoin
[2016-06-27 11:25:29] fineregex : macios15: means?
[2016-06-27 11:25:51] macios15 : could be dump
[2016-06-27 11:26:11] macios15 : at 1d
[2016-06-27 11:26:14] justinlooking : macios which interval?
[2016-06-27 11:26:15] justinlooking : ah k
[2016-06-27 11:26:23] justinlooking : yeh that's not good
[2016-06-27 11:27:11] bhok : i think they are trying to remove weak hands
[2016-06-27 11:50:17] RoftheN : What is USD rate?
[2016-06-27 11:51:10] bhok : where do you see it?
[2016-06-27 11:52:12] RoftheN : https://blog.bitmex.com/earning-interest-income-on-xbtusd-with-minimised-risk/
[2016-06-27 11:52:14] RoftheN : But I understand it now
[2016-06-27 11:52:26] RoftheN : Hmm pretty smart
[2016-06-27 11:52:43] RoftheN : But from who do we borrow USD?
[2016-06-27 11:53:05] RoftheN : Oh it's Bitfinex
[2016-06-27 11:53:05] bhok : pair is XBT/USD
[2016-06-27 11:55:41] RoftheN : Can I make a separate account to earn the interest rate like that?
[2016-06-27 11:55:58] BitMEX_Wally : RoftheN: Sure, you just need an email address
[2016-06-27 12:00:22] hey : you create it from nothing when you open a position, other side is held by whoever is holding the opposite trade
[2016-06-27 12:02:31] RoftheN : So with this strategy I can earn over 0.05% interest a day if the price isn't too volatile to liquidate my short, regardless of whether BTC price goes up longterm or not?
[2016-06-27 12:03:01] BitMEX_Wally : Yes
[2016-06-27 12:03:16] RoftheN : That sounds great
[2016-06-27 12:03:26] BitMEX_Wally : A few risks of course, the BitMEX counterparty risk, the DPE risk, the interest rate can go negative risk, etc etc
[2016-06-27 12:03:42] RoftheN : The interest rate can go negative?!
[2016-06-27 12:03:46] seafvasvsdvasvasdv : RoftheN: Watch out for DPE.
[2016-06-27 12:03:52] seafvasvsdvasvasdv : Yes, can also go negative.
[2016-06-27 12:03:59] RoftheN : How would that happen?
[2016-06-27 12:04:06] BitMEX_Wally : RoftheN: If the XBT rate goes above the USD rate, or if the swap trades at a discount
[2016-06-27 12:04:09] seafvasvsdvasvasdv : If market is a bit bearish.
[2016-06-27 12:04:36] RoftheN : Ooooh okay, you mean if XBT rate is higher. I thought negative USD rate
[2016-06-27 12:04:55] seafvasvsdvasvasdv : Is people trade below spot, you can get negative rates.
[2016-06-27 12:05:00] RoftheN : But if it's bearish, I will have the bitcoins in my wallet becoming worth a shitload
[2016-06-27 12:05:00] seafvasvsdvasvasdv : is = if
[2016-06-27 12:05:08] BitMEX_Wally : For example with ETHXBT right now the funding rate is -0.2342% meaning if you are short you pay, if you are long you earn
[2016-06-27 12:05:11] seafvasvsdvasvasdv : Yes, unless you get DPE.
[2016-06-27 12:05:20] seafvasvsdvasvasdv : Last week shorts has 25% DPE.. we lost 25% of our profit.
[2016-06-27 12:05:39] seafvasvsdvasvasdv : Dynamic Profit Equalization
[2016-06-27 12:05:43] RoftheN : Oh thats why my profit was so little
[2016-06-27 12:05:58] seafvasvsdvasvasdv : So, watch out.
[2016-06-27 12:06:03] RoftheN : Gonna read more about it
[2016-06-27 12:06:15] seafvasvsdvasvasdv : Do that! :)
[2016-06-27 12:06:52] seafvasvsdvasvasdv : And the link of that article.. that is crazy. I can't believe that's an original Bitmex post.
[2016-06-27 12:07:40] seafvasvsdvasvasdv : They forget to tell you you can get liquidated in the trade flow. lol
[2016-06-27 12:07:56] ayy_lmao : bitmex blogs are comedic gold
[2016-06-27 12:08:00] ayy_lmao : they are the best
[2016-06-27 12:08:02] seafvasvsdvasvasdv : ayy_lmao: yep
[2016-06-27 12:08:03] RoftheN : They do recommend lower leverage though
[2016-06-27 12:08:10] seafvasvsdvasvasdv : I loved the Univorn though...
[2016-06-27 12:08:11] seafvasvsdvasvasdv : heeh
[2016-06-27 12:20:29] jung1 : hello
[2016-06-27 12:31:05] rapidtrades : hi shitcoin trader :
[2016-06-27 12:31:24] xzsd : jung1: Hello
[2016-06-27 12:31:53] rapidtrades : xzsd: hey
[2016-06-27 12:32:09] jung1 : rapidtrades: funny how hypocrite you are
[2016-06-27 12:32:15] jung1 : but its trollbox so its fine
[2016-06-27 12:32:27] rapidtrades : jung1: y :)
[2016-06-27 12:33:18] xzsd : rapidtrades: nice day, ahn?
[2016-06-27 12:35:47] rapidtrades : not rly..okay day
[2016-06-27 12:36:25] rapidtrades : yuan down almost 1% again today
[2016-06-27 12:36:44] xzsd : cny/btc or cny/usd?
[2016-06-27 12:37:19] rapidtrades : usd/cnh...offshore rate
[2016-06-27 12:37:47] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 630.02
[2016-06-27 12:50:16] subjective : Now, moon time?
[2016-06-27 12:53:31] Skitrx : don't think so
[2016-06-27 12:53:40] Skitrx : but don't take my word for it, anything could happen
[2016-06-27 12:55:00] Skitrx : 1h still showing downtrend
[2016-06-27 13:03:30] jung1 : 600 before 700
[2016-06-27 13:03:54] wurstgelee : who needs 700?
[2016-06-27 13:03:58] wurstgelee : 660+ would be ok for me :)
[2016-06-27 13:04:11] jung1 : 666
[2016-06-27 13:04:21] jung1 : and after that there will be red on charts
[2016-06-27 13:04:45] Skitrx : no support for 4200
[2016-06-27 13:22:49] subjective : Skitrx: 4150 support now..
[2016-06-27 13:23:35] subjective : Skitrx: if u draw bottom from 24 hune dump
[2016-06-27 13:53:55] vbmithr : Wally: STRML: In the orderbook some orders are written in bold, why?
[2016-06-27 13:56:51] REKT : Liquidated long on `XBJ24H`: Sell 2000 @ 64712.0
[2016-06-27 14:03:07] REKT : Liquidated long on `XBTUSD`: Sell 119 @ 627.89
[2016-06-27 14:03:17] REKT : Liquidated long on `XBTUSD`: Sell 311 @ 627.70
[2016-06-27 14:04:01] jung1 : eth on the growth
[2016-06-27 14:05:42] REKT : Liquidated long on `XBTUSD`: Sell 13100 @ 624.47
[2016-06-27 14:09:15] bhok : the positions are always liquidated with a two % of price movement?
[2016-06-27 14:09:32] jung1 : depends of your margin
[2016-06-27 14:16:06] bhok : and how can i calculate my margin?
[2016-06-27 14:16:13] bhok : it is the leverage?
[2016-06-27 14:17:24] BitMEX_Wally : bhok: If you have 50x then your initial margin is 2%
[2016-06-27 14:17:24] jung1 : https://www.bitmex.com/app/dynamicProfitEqualisation
[2016-06-27 14:17:53] BitMEX_Wally : Then an unrealised loss will decrease this margin
[2016-06-27 14:17:57] rapidtrades : jung1: stop pumping eth, it barely moved last 2 days
[2016-06-27 14:18:38] jung1 : no
[2016-06-27 14:18:39] BitMEX_Wally : XBTUSD has a 0.50% maintenance margin, so at 50x that means a 1.5% loss will liquidate you
[2016-06-27 14:18:55] BitMEX_Wally : At 20x a 4.5% loss will liquidate, etc etc
[2016-06-27 14:19:54] bhok : mmm
[2016-06-27 14:20:03] bhok : then the hedging strategy have his risks
[2016-06-27 14:20:34] nip : bhok: most people hedging use more than a 5% margin deposit
[2016-06-27 14:21:11] bhok : bigger margin deposit bigger the security your position will not be closeed
[2016-06-27 14:22:39] jung1 : yup
[2016-06-27 14:22:48] RoftheN : I'm bad at math, how much percentage do you need for x15?
[2016-06-27 14:23:02] BitMEX_Wally : 1/15
[2016-06-27 14:23:10] RoftheN : WHICH IS?!
[2016-06-27 14:23:12] BitMEX_Wally : 6.66%
[2016-06-27 14:23:19] RoftheN : Thanks
[2016-06-27 14:23:24] macios15 : lol
[2016-06-27 14:23:30] jung1 : RoftheN: protip: you can use google as calculator
[2016-06-27 14:23:43] jung1 : https://www.google.co.in/#q=1+%2F15
[2016-06-27 14:23:46] RoftheN : Why would I do that if I have a calculator right here
[2016-06-27 14:24:06] nip : yeah pro tip type 1/15=? most places and get the answer
[2016-06-27 14:25:37] RoftheN : So let's say you do not get liquidated all year. And the average USD rate - XBT rate is 0.6%. How much percentage a year and how does DPE influence that?
[2016-06-27 14:26:16] rapidtrades : about three fiddy
[2016-06-27 14:26:22] BitMEX_Wally : 0.6% every 8 hours?
[2016-06-27 14:26:32] BitMEX_Wally : You'd earn 657% in a year on funding
[2016-06-27 14:26:37] bhok : lol
[2016-06-27 14:26:41] RoftheN : Is it every 8 hours? I thought 24 hours
[2016-06-27 14:27:35] boolander : how much fo 1 rib?
[2016-06-27 14:27:57] BitMEX_Wally : Funding is now every 8 hours, but it is the daily rate divided by 3
[2016-06-27 14:28:26] RoftheN : Okay then let's say 0.2% how do you even calculate that. How many 8 hours are in a year?
[2016-06-27 14:28:36] bhok : daily funding rate is usually between 0.05 and 0.012
[2016-06-27 14:28:41] rapidtrades : sp500 flirting with 2k
[2016-06-27 14:28:56] bhok : bro take the daily rate
[2016-06-27 14:28:59] RoftheN : Oh I mean 0.02 then
[2016-06-27 14:29:07] RoftheN : No I'm confused
[2016-06-27 14:29:08] bhok : 0.02*3
[2016-06-27 14:29:17] bhok : 0.06
[2016-06-27 14:29:35] bhok : 0.06*365= 21.9%
[2016-06-27 14:29:39] bhok : yearly
[2016-06-27 14:29:45] RoftheN : What about cumulative thingy
[2016-06-27 14:29:47] RoftheN : Compound
[2016-06-27 14:30:09] rapidtrades : time to buy the Pound? pro/cons?
[2016-06-27 14:30:13] BitMEX_Wally : It varies with the premium index, have a look at the history https://www.bitmex.com/app/fundingHistory
[2016-06-27 14:32:10] bhok : http://www.moneychimp.com/calculator/compound_interest_calculator.htm
[2016-06-27 14:32:18] bhok : it is a compound interest calculator
[2016-06-27 14:32:31] rapidtrades : interest is not compounded tho
[2016-06-27 14:32:44] bhok : https://bfxdata.com/calculators/swaps
[2016-06-27 14:32:46] rapidtrades : u have to sell more
[2016-06-27 14:33:02] RoftheN : Which was the plan
[2016-06-27 14:33:11] rapidtrades : k
[2016-06-27 14:33:25] RoftheN : Math is complicated
[2016-06-27 14:33:31] RoftheN : I should just try it out and take my time
[2016-06-27 14:33:33] BitMEX_Wally : Between 2016.05.14 and 2016.06.27 a short position on XBTUD has earnt 16.67%
[2016-06-27 14:33:35] nip : and if there is dpe you plan to buy some back?
[2016-06-27 14:33:42] nip : dpe can compound too
[2016-06-27 14:33:51] bhok : you should think it would be about a 20 or 30% of rate yeraly
[2016-06-27 14:34:05] bhok : of course if bitmex dont broke or is hacked
[2016-06-27 14:34:26] rapidtrades : also it only takes 2-3 DPEs to lose all that interest
[2016-06-27 14:34:49] RoftheN : How often do DPE's happen and could you lose more than just the intereest?
[2016-06-27 14:34:57] rapidtrades : we had three DPEs of over 20% past month
[2016-06-27 14:35:01] rapidtrades : so do ur math
[2016-06-27 14:35:18] RoftheN : But not all months are as volatile as this
[2016-06-27 14:35:37] rapidtrades : well when months are not volatile rates will be way lower
[2016-06-27 14:35:44] RoftheN : That too
[2016-06-27 14:35:46] nip : BitMEX_Wally: i haven't given feedback on the new contracts in a while. i think they have evolved into a good product. i just wish there was some position size limit so liquidated whales dont generate such huge dpe
[2016-06-27 14:35:55] rapidtrades : if we enter a bear market, shorts will start paying
[2016-06-27 14:36:06] REKT : Liquidated short on `XBJ24H`: Buy 45 @ 64899.0
[2016-06-27 14:36:38] RoftheN : So how does one avoid being a victim of DPE?
[2016-06-27 14:36:38] BitMEX_Wally : nip: There is
[2016-06-27 14:36:41] BitMEX_Wally : nip: It is 500 XBT
[2016-06-27 14:37:48] nip : was that limit there before the dpe? i dont remember having orders rejected for that reason until recently
[2016-06-27 14:39:04] BitMEX_Wally : nip: There have always been risk limits but recently we have started enforcing them
[2016-06-27 14:39:34] BitMEX_Wally : On a case by case basis we raise them, for market makers who manage their risk, etc.
[2016-06-27 14:41:14] BitMEX_Wally : So the largest single liquidation will be $300,000 for now
[2016-06-27 14:41:25] BitMEX_Wally : I am working on a way to let a user increase their maintenance margin requirement in return for higher position limits
[2016-06-27 14:41:58] bhok : wally the system would resist a 50% fall on btc in a couple of hours¿??
[2016-06-27 14:43:42] BitMEX_Wally : If the price halved then the entire open interest would be liquidated
[2016-06-27 14:43:46] bhok : or it would broke
[2016-06-27 14:44:07] BitMEX_Wally : The system would be fine, there would just be a DPE rate :)
[2016-06-27 14:44:12] bhok : but guys with short positions would get his money plus profits?
[2016-06-27 14:44:19] BitMEX_Wally : Yes
[2016-06-27 14:44:32] BitMEX_Wally : They would get money plus profits but their profits would be reduced
[2016-06-27 14:44:37] bhok : thank you it is very interesting
[2016-06-27 14:53:06] bhok : and can i ask why not to have an option form simply lending like bitfinex?
[2016-06-27 14:56:02] Rado : bhok: there is already big leverage
[2016-06-27 14:56:16] Rado : why would you need to borrow on top of that
[2016-06-27 14:56:37] bhok : i am not interested in borrow
[2016-06-27 14:56:40] Rado : with 1 btc you can trade 50 btc
[2016-06-27 14:56:41] bhok : i am interested in lend
[2016-06-27 14:57:05] bhok : but without the closed position risk
[2016-06-27 14:57:05] Rado : then when the Funding rate is positive you can short to collect the rate
[2016-06-27 14:57:20] bhok : yes but being short requires margin
[2016-06-27 14:57:36] Rado : if you want to simply lend you have to do that with Bitfinex
[2016-06-27 14:57:39] subjective : where are the bulls?
[2016-06-27 14:57:50] Rado : subjective: here ;-)
[2016-06-27 14:57:57] bhok : waiting to the weak hands to leave
[2016-06-27 14:58:22] RoftheN : So why would I risk my interest being ruined by DPE if I can just use Bitfinex?
[2016-06-27 14:58:42] BitMEX_Sam : RoftheN: Because the rates are generally higher here and you can lend with margin
[2016-06-27 14:58:45] Rado : RoftheN: leverage
[2016-06-27 14:59:09] bhok : lol lend money that you have not
[2016-06-27 14:59:28] BitMEX_Sam : See https://www.bitmex.com/app/fundingHistory - the daily funding rate can be as high as 1% if the market rips
[2016-06-27 14:59:32] boolander : banks loan money into existence
[2016-06-27 14:59:36] BitMEX_Sam : Of course the risks are different. There is DPE, and you need to keep your position alive
[2016-06-27 14:59:41] BitMEX_Sam : It's risk/reward.
[2016-06-27 14:59:44] rapidtrades : lending with margin is a terrible idea imo
[2016-06-27 14:59:47] RoftheN : So it's worth it to stay here even though the DPE ruins it often?
[2016-06-27 15:00:01] bhok : do we have some historic of DPE?
[2016-06-27 15:00:14] BitMEX_Sam : It doesn't ruin it often, there has been DPE 3 times in the last 6mo
[2016-06-27 15:00:38] rapidtrades : 3 times since the swap
[2016-06-27 15:00:38] BitMEX_Sam : https://www.bitmex.com/app/settlementHistory
[2016-06-27 15:00:38] Rado : I used only 0.3 XBT to make 2 XBT on XBTU16
[2016-06-27 15:00:39] bhok : and when DPE you lost all the interest profits of this day?
[2016-06-27 15:00:46] Rado : you can't do that in a normal exchange
[2016-06-27 15:00:48] BitMEX_Sam : No, funding is not sugject to DPE
[2016-06-27 15:00:53] BitMEX_Sam : subject*
[2016-06-27 15:01:20] bhok : great
[2016-06-27 15:01:25] rapidtrades : what are the longterm rates for lending USD on finex btw
[2016-06-27 15:01:48] bhok : 0.071
[2016-06-27 15:01:52] bhok : daily at this moment
[2016-06-27 15:02:07] Rado : 0.07 per day is great by the way
[2016-06-27 15:02:18] bhok : but usually is between 0.045 and 0.10
[2016-06-27 15:02:33] Rado : 25% annualized
[2016-06-27 15:02:47] RoftheN : I think it's great too. My student loan is like 1% per year. IF I just put it into 0.7% per day then it's free money
[2016-06-27 15:02:50] Rado : stock market gives you 7%
[2016-06-27 15:02:59] rapidtrades : yes but wil ur loans stick? lot of times i rollover my loans for cheaper rates
[2016-06-27 15:02:59] Rado : and you can loose your shirt when it craches
[2016-06-27 15:03:04] bhok : but the problem is
[2016-06-27 15:03:10] rapidtrades : what's the current bid/ask? not logged in atm
[2016-06-27 15:03:13] RoftheN : Can I trust Bitfinex?
[2016-06-27 15:03:17] bhok : Bitfinex is registered in virgin british isalnds
[2016-06-27 15:03:24] RoftheN : I think it's rather trustworthy
[2016-06-27 15:03:25] bhok : and bitmex is in Seycheles
[2016-06-27 15:03:40] rapidtrades : all good places for a vacation :)
[2016-06-27 15:03:46] bhok : if someday the decide to run with the money....
[2016-06-27 15:03:51] Rado : lol rapidtrades
[2016-06-27 15:04:14] Rado : the reason they are registered there is because of shady governments
[2016-06-27 15:04:21] bhok : i know i know
[2016-06-27 15:04:39] bhok : but investors are unprotected in case of bad bahaviour
[2016-06-27 15:04:54] bhok : lol sorry my absollutelly shitty english
[2016-06-27 15:04:58] Rado : you can insure your holdings
[2016-06-27 15:05:01] bhok : behavo¡iour