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 15:05:01] bhok : behavo¡iour
[2016-06-27 15:05:06] bhok : behaviour
[2016-06-27 15:05:07] RoftheN : I'll just use both. I mean if Bitfinex decides to steal. Then BTC will go down hard and my short here will be awesome
[2016-06-27 15:05:12] Rado : maybe I should start a BTC insurance fund
[2016-06-27 15:05:19] Rado : that will be great business :-)
[2016-06-27 15:05:25] bhok : mmm interesting concept Rado
[2016-06-27 15:05:38] bhok : but how could you get community trust?
[2016-06-27 15:05:51] RoftheN : Tell them you are a blockchain
[2016-06-27 15:05:53] Rado : slowly
[2016-06-27 15:05:59] Rado : there you go
[2016-06-27 15:06:04] Rado : RoftheN: :-)
[2016-06-27 15:06:15] BitMEX_Wally : Both the BVI and Seychelles have a stable legal system with common law
[2016-06-27 15:06:23] Rado : contract on the blockchain will pay them if the event happens
[2016-06-27 15:06:27] bhok : of course they are Wally
[2016-06-27 15:07:17] gustavo7 : ffs the network is slow
[2016-06-27 15:07:52] RoftheN : But wasn't Bitfinex in HongKong or anything?
[2016-06-27 15:08:05] Rado : yes
[2016-06-27 15:08:07] bhok : at beggining yes but they had regulatory problems
[2016-06-27 15:08:26] bhok : and move out quickly to BVI
[2016-06-27 15:09:04] bhok : Wally why the insurance fund have so great volatility
[2016-06-27 15:09:11] Rado : rapidtrades: how is it going man
[2016-06-27 15:12:40] tscha : Rado: the reason they are incorporated there is not shadiness, but tax
[2016-06-27 15:12:50] tscha : 0% corporate tax AFAIK
[2016-06-27 15:13:01] RoftheN : That's not a lot
[2016-06-27 15:13:09] tscha : also 0% income tax for individuals, in case you want to retire somewhere
[2016-06-27 15:13:10] Rado : that's what the shadiness is tscha
[2016-06-27 15:13:34] Rado : you never know how government will destroy your business with tax and regulations
[2016-06-27 15:13:35] bhok : wow nice
[2016-06-27 15:13:52] tscha : Rado: why is that shady? it's just being smart
[2016-06-27 15:13:55] bhok : perfect way to remove states incomes
[2016-06-27 15:14:21] bhok : smart is to think like collective not like egoistic individuals
[2016-06-27 15:14:53] adlai : is there an API call that returns the funding rates for the swaps?
[2016-06-27 15:14:58] Rado : you mean stealing from people is smart?
[2016-06-27 15:14:58] bhok : and i am speaking about collectives not like states or governments
[2016-06-27 15:15:05] Rado : and then using their money for war
[2016-06-27 15:15:13] tscha : Rado: stealing is illegal, optimizing tax isn't
[2016-06-27 15:15:23] Rado : are you one of these sheep that don't see what's going on
[2016-06-27 15:15:28] RoftheN : Why is stealing illegal?
[2016-06-27 15:15:44] bhok : https://www.bitmex.com/api/explorer/#!/Funding/Funding_get
[2016-06-27 15:15:47] Rado : tax = stealing
[2016-06-27 15:15:54] jung1 : what a bullshit
[2016-06-27 15:16:06] jung1 : taxes are used for common goods
[2016-06-27 15:16:09] tscha : rofl... no comment
[2016-06-27 15:16:15] bhok : if taxes is for pay healthcare and education i dont see it like a steal
[2016-06-27 15:16:56] bhok : but dont worry
[2016-06-27 15:16:58] jung1 : building streets, cleaning and a lot of stuff that everyone use in cities are from taxes
[2016-06-27 15:17:00] Rado : jung1: keep believing that
[2016-06-27 15:17:06] jung1 : wtf
[2016-06-27 15:17:09] bhok : we are living the collapse of occidental way of life
[2016-06-27 15:17:11] jung1 : how old are you?
[2016-06-27 15:17:59] jung1 : Rado: so you think that bitmex stealing your money here?
[2016-06-27 15:18:03] bhok : price going down
[2016-06-27 15:18:29] Rado : BitMEX is not taxing me
[2016-06-27 15:18:41] Rado : and definitely not against my will
[2016-06-27 15:18:47] bhok : i think would be nice that Bitmex could make the bussines from USA or Europe
[2016-06-27 15:19:13] bhok : but i know regulatory about bitcoin is a pain
[2016-06-27 15:19:57] jung1 : Rado: so what is the difference between taxes and fees?
[2016-06-27 15:20:22] Rado : I told you voluntary participation
[2016-06-27 15:20:38] jung1 : bhok: why? you do not need any veryfications so what is the difference?
[2016-06-27 15:21:07] Rado : If I want my money to be used for war I will give it for that, but I don't want the government to decide for me
[2016-06-27 15:21:12] rapidtrades : +!
[2016-06-27 15:21:12] bhok : difference is i could make legal actions if they scam me more easily
[2016-06-27 15:21:14] bhok : only that
[2016-06-27 15:21:20] rapidtrades : +1 @Rado
[2016-06-27 15:21:50] bhok : well
[2016-06-27 15:21:51] Rado : anyway I will stop there because you can't make people wake up, they need to do that on their own
[2016-06-27 15:22:02] bhok : in Somalia they are very good without government
[2016-06-27 15:22:36] bhok : if you have a comunity you need rules
[2016-06-27 15:22:48] bhok : and youu need someone who apply this rules
[2016-06-27 15:22:50] Rado : bhok: if you don't see how it could work that doesn't mean it is not possible
[2016-06-27 15:23:06] bhok : Rado
[2016-06-27 15:23:18] bhok : we are 7000000000 humans
[2016-06-27 15:23:42] bhok : we are too much
[2016-06-27 15:23:55] bhok : i like a lot Anarchism
[2016-06-27 15:24:12] bhok : but i think it only can works in very small communities where all knows all
[2016-06-27 15:24:13] BitMEX_Wally : adlai: The `/funding` endpoint is for historical funding rates, the current funding rate is on the `/instrument` table as `fundingRate` and the predicted funding rate for next period is `indicativeFundingRate`
[2016-06-27 15:24:34] Rado : agreed bhok
[2016-06-27 15:24:38] Rado : later
[2016-06-27 15:25:28] bhok : sorry
[2016-06-27 15:25:49] bhok : wowowo
[2016-06-27 15:25:53] bhok : 626
[2016-06-27 15:27:57] macios15 : const dump today
[2016-06-27 15:28:35] subjective : macios15: buy side is so weak for the whole day
[2016-06-27 15:31:50] subjective : hopefully this run breaks through resistence.
[2016-06-27 15:34:36] REKT : Liquidated short on `XBJ24H`: Buy 7200 @ 65183.0
[2016-06-27 15:34:41] bhok : i think we will see the price again under 600 before of skyrocket
[2016-06-27 15:36:17] macios15 : that was probably fake
[2016-06-27 15:42:23] jung1 : macios15: siema macios
[2016-06-27 15:42:27] jung1 : jak tam trejdy
[2016-06-27 15:42:46] macios15 : jung1: a spoko od tygodnia dopiero siedze
[2016-06-27 15:42:52] macios15 : jung1: a Ty?
[2016-06-27 15:43:25] jung1 : a przyzwoicie, załapałem sie z szortami przy 720, eth cały czas dobrze płaci tez
[2016-06-27 15:43:34] jung1 : sie na halving przygotowuje
[2016-06-27 15:56:31] rapidtrades : ugh...
[2016-06-27 15:56:38] rapidtrades : KURWA
[2016-06-27 15:56:40] jung1 : Bitstamp is working on getting regulatory approval for leveraged trading.
[2016-06-27 15:58:18] sq : cool
[2016-06-27 16:02:18] RoftheN : What does that mean for the bitcoin price? Up?
[2016-06-27 16:04:56] jung1 : more wallstreet investrs and investment funds could join us
[2016-06-27 16:10:29] Stefanowic : Nice! Rumors? And when?
[2016-06-27 16:11:44] jung1 : bitmex trollbox: always step ahead from others
[2016-06-27 16:11:45] jung1 : http://bitcoinx.io/news/articles/the-next-step-for-bitstamp-leveraged-trading/
[2016-06-27 16:12:22] rapidtrades : this chat is literally giving me cancer
[2016-06-27 16:12:49] RoftheN : Aww, cancer is bad :( I hope you recover
[2016-06-27 16:13:23] BitMEX_Sam : I'm sure you're getting enough radiation from that CRT monitor to cure you
[2016-06-27 16:14:45] ayy_lmao : lol
[2016-06-27 16:16:53] Stefanowic : That not news that just summerizes what they have been saying a while is their next move
[2016-06-27 16:17:04] Stefanowic : BUt nice article though :)
[2016-06-27 16:23:59] jung1 : rapidtrades: my cancer got cancer from your posts here
[2016-06-27 16:24:10] BitMEX_Sam : Yeah, it may still be a while before Stamp has it, even if they get regulatory approval
[2016-06-27 16:24:27] BitMEX_Sam : Margin trading is a nontrivial thing to develop.
[2016-06-27 16:24:54] BitMEX_Sam : New round of updates just hit the site: https://blog.bitmex.com/site_announcement/bitmex-update-june-27-2016/
[2016-06-27 16:25:14] wurstgelee : wtf is wrong with the mark price @ xbtusd?
[2016-06-27 16:25:19] wurstgelee : seems stale
[2016-06-27 16:25:26] BitMEX_Sam : In short: orderbook now has all levels, withdrawals can be canceled any time before 13:00 UTC without contacting support, misc bugfixes
[2016-06-27 16:25:29] BitMEX_Sam : wurstgelee: Investigating
[2016-06-27 16:25:32] wurstgelee : k
[2016-06-27 16:25:33] wurstgelee : ;)
[2016-06-27 16:26:29] rapidtrades : k
[2016-06-27 16:31:53] rapidtrades : feels like we've been trading at 630 for days now
[2016-06-27 16:33:48] Skitrx : lets go trade at 620!
[2016-06-27 16:35:39] QuantFocus : brexit? more like borexit, amirite guys?
[2016-06-27 16:36:52] BitMEX_Sam : The Kaiko API has stopped responding
[2016-06-27 16:37:02] BitMEX_Sam : We are going to temporarily move XBTUSD pricing to BFX as it is 50% of the index
[2016-06-27 16:37:12] rapidtrades : sweet
[2016-06-27 16:37:15] BitMEX_Sam : Current BFX price is `634.06`
[2016-06-27 16:40:00] jung1 : QuantFocus: try some forex rhen
[2016-06-27 16:40:26] QuantFocus : jung1: :thumbsup:
[2016-06-27 16:41:19] rapidtrades : Draghi speak in 1h
[2016-06-27 16:41:24] macios15 : c'mon bitcoin do sth funny
[2016-06-27 16:41:35] subjective : boring
[2016-06-27 16:47:09] jung1 : try to short factom https://poloniex.com/marginTrading#btc_fct
[2016-06-27 16:47:34] daveberns1 : no more DAO contracts?
[2016-06-27 16:47:45] daveberns1 : well i guess no more DAO possibly
[2016-06-27 16:47:53] daveberns1 : but still trading strongly on other platforms
[2016-06-27 16:47:56] jung1 : https://poloniex.com/exchange#btc_xem wtf over 1k volume
[2016-06-27 16:48:16] jung1 : worst name ever
[2016-06-27 16:51:43] daveberns1 : i think we could all use a bit more DAO
[2016-06-27 16:51:49] daveberns1 : lol
[2016-06-27 17:00:51] REKT : Liquidated short on `XBJ24H`: Buy 9750 @ 65541.0
[2016-06-27 17:00:52] fineregex : bitcoin, thats it?:D
[2016-06-27 17:01:44] fineregex : *blink* - $695 ?
[2016-06-27 17:03:12] Skitrx : i stil think it's gonnna dump
[2016-06-27 17:03:22] wurstgelee : finally.....
[2016-06-27 17:03:26] wurstgelee : that took a while
[2016-06-27 17:03:28] wurstgelee : ;)
[2016-06-27 17:03:29] BitMEX_Arthur : Kaiko is back up and we have reverted back to using the Kaiko BitMEX Index as the pricing source for Bitcoin / USD
[2016-06-27 17:12:31] nip : BitMEX_Arthur: what were you using temporarily?
[2016-06-27 17:12:57] BitMEX_Wally : BFX is Bitfinex
[2016-06-27 17:17:36] QuantFocus : :bitmex:
[2016-06-27 17:18:42] RoftheN : Bitcoin has gotten so slow :(
[2016-06-27 17:19:27] jung1 : https://bittrex.com/Market/Index?MarketName=BTC-WAVES waves under ico price
[2016-06-27 17:24:03] Skitrx : wasn't that to be expected with all the DAO chaos/
[2016-06-27 17:24:05] Skitrx : ?
[2016-06-27 17:25:49] RoftheN : How is Waves relevant to DAO? IT will probably go up a lot after it hits polo
[2016-06-27 17:30:24] Skitrx : its not, but people are idiots
[2016-06-27 17:30:55] jung1 : its more dapp than dao
[2016-06-27 17:31:09] jung1 : I bought some at ico
[2016-06-27 17:31:39] jung1 : looks cool and team seems professional
[2016-06-27 17:32:57] gustavo7 : nice 0.0002 fee and 1 confirmation in 4 hours
[2016-06-27 17:33:45] jung1 : bitcoin is dead
[2016-06-27 17:34:32] gustavo7 : i gotta correct, since i tought my block watcher updated
[2016-06-27 17:34:45] gustavo7 : still exactly 3hours10mins till first confirmation
[2016-06-27 17:39:23] gustavo7 : good that the price is up again as i'm cashing out
[2016-06-27 17:45:26] BitMEX_Wally : gustavo7: Our transactions are multi signature so they are larger than usual
[2016-06-27 17:45:45] gustavo7 : LOL now bitgo has an outgoing fee of 0.1%
[2016-06-27 17:45:59] BitMEX_Wally : gustavo7: So 0.0002 fee for a 607 byte transaction is only 33,000 Satoshi per kilobyte
[2016-06-27 17:46:57] gustavo7 : BitMEX_Wally: i know around 600k usually
[2016-06-27 17:47:04] BitMEX_Wally : Which won't get confirmed in 6 blocks: https://bitcoinfees.github.io
[2016-06-27 17:47:23] BitMEX_Wally : 55k will get you in the next block at the moment
[2016-06-27 17:47:43] jung1 : http://www.reuters.com/article/us-britain-eu-finance-idUSKCN0ZC152
[2016-06-27 17:47:57] gustavo7 : ye i looked at the 21.co page later and now i know that double my fee would have been better
[2016-06-27 17:48:24] BitMEX_Wally : We might just make 0.0005 be the minimum, rather than the default :P
[2016-06-27 17:49:05] jung1 : BitMEX_Wally: what about https://www.bitgo.com/instant ?
[2016-06-27 17:49:07] jung1 : could be cool
[2016-06-27 17:50:32] gustavo7 : instant isn't supported by bitcoin.de yet
[2016-06-27 17:51:58] nip : BitMEX_Wally: i almost always get next block confirmation with 0.0001. you should let us choose 0.0001 if we want
[2016-06-27 17:53:19] gustavo7 : hm, bitgo multisig is only 400k, both with 1 input 2 out
[2016-06-27 17:53:41] BitMEX_Wally : Depends how many signatures
[2016-06-27 17:54:12] BitMEX_Wally : Assuming you mean 400 bytes?
[2016-06-27 17:54:26] bhok : more signatures are more fees?
[2016-06-27 17:55:02] gustavo7 : yes i mean bytes (don't know how i come to K-bytes)
[2016-06-27 17:55:08] nip : bhok: yeah you can expect miners/nodes to have a minimum per byte fee to include in block/relay
[2016-06-27 17:55:25] gustavo7 : Input Scripts is smaller
[2016-06-27 17:55:43] BitMEX_Wally : nip: Your last withdrawal with 0.0001 took 55 minutes to get into a block
[2016-06-27 17:56:18] BitMEX_Wally : nip: The one before that took 52 minutes
[2016-06-27 17:56:23] nip : BitMEX_Wally: which is fine with me most of the time
[2016-06-27 17:56:42] nip : sometimes the blocks are full but sometimes they are not. i dont want to be forced to pay the higher fee if i dont have to
[2016-06-27 17:57:21] nip : its a little tricky because i never know how many inputs will go into a withdrawal
[2016-06-27 17:57:52] BitMEX_Wally : If I have time I will change the system to charge a flat rate for withdrawals and then BitMEX will pay the correct fee
[2016-06-27 17:58:16] gustavo7 : sure it's preference
[2016-06-27 17:58:59] nip : BitMEX_Wally: that sounds like a good solution
[2016-06-27 17:59:30] gustavo7 : good way to scrape some pennies too ;)
[2016-06-27 18:00:09] gustavo7 : tbh bitmex is handling this all well
[2016-06-27 18:23:01] jung1 : BitMEX_Wally: did you notice any bigger traffic on bitmex after bitfinex issue?
[2016-06-27 18:26:51] BitMEX_Sam : jung1: It's better in general because of the recent movement
[2016-06-27 18:26:57] BitMEX_Sam : Hard to trace it down to a single input
[2016-06-27 18:52:24] nip : plus i think your new contracts are driving more volume
[2016-06-27 19:14:09] wurstgelee : 10 chatlines/day, 5-6 of those by admins.
[2016-06-27 19:14:12] wurstgelee : those were the days
[2016-06-27 19:14:18] wurstgelee : so peaceful....
[2016-06-27 19:14:20] wurstgelee : ;)
[2016-06-27 19:18:05] Skitrx : the other 4 by you? :P
[2016-06-27 19:19:44] RoftheN : Litecoin block halving is in 3 year, when should I buy?
[2016-06-27 19:22:42] bhok : i dont see too much litecoin comunity
[2016-06-27 19:22:52] Rune : RoftheN: at one penny each
[2016-06-27 19:26:41] RoftheN : Who cares about litecoin community, halving is halving. Halvings will not only create attention but also halve the new supply. Same demand + lower supply = higher price
[2016-06-27 19:26:59] bhok : if you want to buy wait until a big dump
[2016-06-27 19:27:39] RoftheN : How smart
[2016-06-27 19:31:41] macios15 : rekt incoming?
[2016-06-27 19:34:35] men : any prediction guys? up or down? :D
[2016-06-27 19:35:31] Skitrx : difficult to say with china asleep
[2016-06-27 19:35:38] QuantFocus : :ox:
[2016-06-27 19:43:17] RoftheN : China should stay up 24/7, I wonder what that would do to world economy
[2016-06-27 19:44:07] REKT : Liquidated short on `XBTUSD`: Buy 30 @ 644.78
[2016-06-27 19:44:10] bhok : i think world economy is going to collapse before end of year
[2016-06-27 19:44:37] bhok : too much debt and a raquitical growth
[2016-06-27 19:52:05] RoftheN : DAmn why is it so high
[2016-06-27 20:13:27] REKT : Liquidated short on `XBTUSD`: Buy 1354 @ 646.64
[2016-06-27 20:30:01] Rune : big buys
[2016-06-27 20:36:41] fineregex : what kind of short was that?:D
[2016-06-27 20:37:02] fineregex : REKT means forced liquidation right, not just stop loss?
[2016-06-27 20:37:20] Tetsuo : yes
[2016-06-27 20:38:20] fineregex : weird, who would start a full leverage short between 600 and 650
[2016-06-27 20:38:31] REKT : Liquidated long on `XBJ24H`: Sell 470 @ 66006.0
[2016-06-27 20:45:06] rapidtrades : fineregex: lol
[2016-06-27 20:45:13] rapidtrades : u must be new here
[2016-06-27 20:45:28] rapidtrades : on planet earth i mean
[2016-06-27 20:55:15] fineregex : rapidtrades: yes
[2016-06-27 21:01:24] Tetsuo : Bud spencer is dead, this world is truly going to shit
[2016-06-27 21:08:14] RoftheN : Is it evil to kinda hope for economic collapse simply for my bitcoins to become worth a shitload?
[2016-06-27 21:10:12] Tetsuo : if everything goes to shout your BTC probably won´t help you, so you should only hope for 50% goin to shit
[2016-06-27 21:11:44] RoftheN : But obviously in an economic collapse not everything is going to shit, just a shitload, and then it slowly recovers
[2016-06-27 21:13:37] Tetsuo : RoftheN: how many collapses have you seen before? who says it won´t be way worse then 2008 or the ones before , like 50x worse
[2016-06-27 21:14:18] Tetsuo : so, no you shouldn´t hopre for a collapse as probably millions are going to die and war will start
[2016-06-27 21:15:58] Rune : in a real bad eco collapse bitcoins wont be that much of a safe haven depending on how bad it is
[2016-06-27 21:16:03] Rune : gold is much better
[2016-06-27 21:17:20] Adura : Yeah, you can have your gold stolen without being tortured.
[2016-06-27 21:17:37] Rune : Bitcoin has some of the problems of fiat in a doomsday scenario
[2016-06-27 21:19:52] Rune : bitcoin is very useful now because almost everyone is connected to the internet in some way
[2016-06-27 21:20:17] Rune : in a crazy doomsday scenario that might not be the case
[2016-06-27 21:20:23] Adura : Guns'd be nice by then.
[2016-06-27 21:21:02] Rune : weapons water golf food things with real practical value
[2016-06-27 21:21:08] Rune : gold*
[2016-06-27 21:23:14] seafvasvsdvasvasdv : It looks like predicted funding is not updatded. I see values all the time of 0.0448% in XBTUSDPI, but it is looks stable at 0.0223%. Wally, Sam, can you explain?
[2016-06-27 21:27:52] seafvasvsdvasvasdv : Last 4 minutes all 0.0448%, but it's still 0.0223% predicted.
[2016-06-27 21:55:50] fineregex : Rune: you mean depots or physical gold? or survival foods best before 2050?
[2016-06-27 21:56:59] fineregex : ;)
[2016-06-27 22:09:42] futuretrader : can i request a new eposit aress
[2016-06-27 22:09:49] futuretrader : deposit
[2016-06-27 22:12:27] futuretrader : ?
[2016-06-27 22:22:42] REKT : Liquidated short on `XBTUSD`: Buy 2919 @ 651.45
[2016-06-27 22:35:58] luckynuke : #altsareback
[2016-06-27 22:53:10] Skitrx : rally over for today?
[2016-06-27 22:59:12] Tetsuo : haven´t even started
[2016-06-27 23:19:09] Rado : He he
[2016-06-27 23:19:26] Rado : Tetsuo did you flip long?
[2016-06-27 23:21:07] Tetsuo : @620$ :-)
[2016-06-27 23:24:54] rapidtrades : tetsuo sucks
[2016-06-27 23:25:52] Tetsuo : no
[2016-06-27 23:26:19] miramm1115 : you all suck, where is my premium? :wink:
[2016-06-27 23:26:25] rapidtrades : u suck bro @Tetsuo
[2016-06-27 23:26:28] Tetsuo : in the making
[2016-06-27 23:26:59] Tetsuo : rabidtranny = full blown aids
[2016-06-27 23:27:03] Tetsuo : good night
[2016-06-27 23:34:09] rapidtrades : bye
[2016-06-27 23:37:42] kingscrown : who guegsges and told his bets before game? :) https://twitter.com/kingscrownBTC/status/747506347311251456
[2016-06-27 23:38:28] rapidtrades : k retard
[2016-06-27 23:55:01] REKT : Liquidated short on `XBTUSD`: Buy 5 @ 651.55
[2016-06-27 23:55:23] REKT : Liquidated short on `XBTUSD`: Buy 1385 @ 654.94
[2016-06-27 23:55:23] REKT : Liquidated short on `XBTUSD`: Buy 262 @ 654.19
[2016-06-27 23:55:23] REKT : :btc: :rocket: :crescent_moon:
[2016-06-27 23:55:23] REKT : Liquidated short on `XBTUSD`: Buy 2000 @ 654.76
[2016-06-27 23:55:23] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 653.29
[2016-06-27 23:55:26] REKT : Liquidated short on `XBTUSD`: Buy 5500 @ 655.61
[2016-06-27 23:55:41] REKT : Liquidated short on `XBTUSD`: Buy 2000 @ 656.86
[2016-06-27 23:56:06] REKT : Liquidated long on `ETHXBT`: Sell 73 @ 0.02127
[2016-06-27 23:56:07] d_ : great crypto trader digest. great, succinct writing
[2016-06-27 23:56:21] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 658.07
[2016-06-27 23:58:04] Rune : wow rekt season
[2016-06-27 23:58:11] fineregex : bitcoin is nice with us, buy some more in time
[2016-06-27 23:59:08] fineregex : stange, when i bought earlier today for $660 noone got rekt
[2016-06-28 00:01:11] Rado : Weeee
[2016-06-28 00:02:51] REKT : Liquidated long on `ETHXBT`: Sell 60 @ 0.02117
[2016-06-28 00:03:10] rapidtrades : wow
[2016-06-28 00:03:26] rapidtrades : smth is up
[2016-06-28 00:03:38] rapidtrades : small meltdown in yen pairs...bitcoin spikes
[2016-06-28 00:03:44] rapidtrades : all in last 15 mins
[2016-06-28 00:04:25] Rado : Yen falling?
[2016-06-28 00:04:30] rapidtrades : nvm its only $10...prolly coincidence :)
[2016-06-28 00:04:47] rapidtrades : no yen gaining..risk off
[2016-06-28 00:05:00] wotan : btc looks bullish to me
[2016-06-28 00:05:04] Rado : Right
[2016-06-28 00:06:01] fineregex : rapidtrades: $650 was a barrier since a while yet, and this is the first long green candle
[2016-06-28 00:06:17] rapidtrades : cool
[2016-06-28 00:06:19] fineregex : what is the inverse of "dont catch a falling knife"?
[2016-06-28 00:06:39] Rune : 700 incoming
[2016-06-28 00:06:43] Rune : for sure
[2016-06-28 00:07:10] sq : fineregex: just inverse to usdbtc
[2016-06-28 00:07:49] wotan : agree rune
[2016-06-28 00:07:49] fineregex : sq: i mean, bitcoin is crashing upwards
[2016-06-28 00:08:10] wotan : looks like it want to go up more
[2016-06-28 00:08:16] wotan : but lets see
[2016-06-28 00:16:55] rapidtrades : hmm sharp gain in Yuan past 5 mins
[2016-06-28 00:17:16] rapidtrades : 0.1%
[2016-06-28 00:18:18] fineregex : yes
[2016-06-28 00:18:40] rapidtrades : well that explains the yen move....why did it come before the yuan tho
[2016-06-28 00:36:23] micmix : BitMEX_Sam: thanks for the funding history filter :+1:
[2016-06-28 00:39:18] fineregex : wonderful interest rate incentive on eth long positions
[2016-06-28 00:39:32] fineregex : 0.16x% is that per day or per 8 hours?:D
[2016-06-28 00:39:52] micmix : fineregex: 8 hours
[2016-06-28 00:39:59] fineregex : sure?:D
[2016-06-28 00:40:04] micmix : yep
[2016-06-28 00:40:05] sq : eth looks like its gonna collpase XD
[2016-06-28 00:40:24] fineregex : i sold the ones i held
[2016-06-28 00:40:29] micmix : no one wants to long eth, so it trades at a discount
[2016-06-28 00:40:31] fineregex : and got long here for the interest rate
[2016-06-28 00:40:48] fineregex : but i wanted to keep some no matter what
[2016-06-28 00:41:12] Rune : when the eth hard fork gets closer
[2016-06-28 00:41:21] Rune : it we have another small crash
[2016-06-28 00:41:27] fineregex : yet 670% per year is more than enough of incentive
[2016-06-28 00:41:37] fineregex : to sell them and bet some more even
[2016-06-28 00:41:39] fineregex : isnt it?
[2016-06-28 00:42:49] micmix : there is no guarantee that the rate will stay negative for so long
[2016-06-28 00:43:03] fineregex : yes but right now it is even more
[2016-06-28 00:43:04] fineregex : :D
[2016-06-28 00:43:04] sq : just dont get too leveraged such that u cant survive the crash
[2016-06-28 00:43:17] fineregex : yes no leverage on eth
[2016-06-28 00:44:20] WarWarBanana : Question for guys who is hodling besides trading. Can anyone recommend trezor?
[2016-06-28 00:44:43] micmix : it's a risk, 10-20% downward move will wipe all your funding payments
[2016-06-28 00:44:51] micmix : WarWarBanana: highly recommended
[2016-06-28 00:45:36] WarWarBanana : Thanks. I am not into the whole clean linux pc without internet thing. So seems like a viable option
[2016-06-28 00:47:56] sq : micmix: how often do your algos detect pumping? once a day?
[2016-06-28 00:48:20] micmix : WarWarBanana: I'm using it on Windows with Multibit HD, works very well
[2016-06-28 00:49:55] micmix : sq: as soon as okc turns on its pump bot I buy
[2016-06-28 00:50:11] sq : is it v frequent?
[2016-06-28 00:50:15] sq : like daily ?
[2016-06-28 00:50:47] micmix : no, doesn't happen everyday. they do pumps and dumps 200+ cny every couple weeks
[2016-06-28 00:51:01] sq : haha nice
[2016-06-28 00:56:05] sq : micmix: how many yrs ya been trading?
[2016-06-28 00:56:26] micmix : quite a few :smile:
[2016-06-28 00:56:49] rapidtrades : how many
[2016-06-28 00:57:56] micmix : crypto from late 2013
[2016-06-28 00:57:57] sq : were u always trading for yourself?
[2016-06-28 00:58:24] micmix : maybe early 2014, don't remember exactly
[2016-06-28 00:58:36] micmix : sq: no comment
[2016-06-28 00:58:42] sq : haha alright
[2016-06-28 00:59:13] fineregex : micmix: how you notice the bot?
[2016-06-28 01:00:31] micmix : fineregex: inventory of my mm bot starts to jump like crazy, from 0 to 100% and back within minutes
[2016-06-28 01:17:44] rapidtrades : PBOC sets USD/CNY central rate at 6.6528 (vs. yesterday at 6.6375)
[2016-06-28 01:49:01] lockhedge : are there currently any known performance issues / is there a DDoS ongoing, @BitMEX ?
[2016-06-28 01:49:52] fineregex : rapidtrades: so if you want to price it in already you can subtract 5 cny from the bitcoin cny price compare to yesterday? do you trade that accurately?
[2016-06-28 01:52:13] BitMEX_Arthur : lockhedge: What issues are you experiencing
[2016-06-28 01:52:22] fineregex : micmix: you use an opensource bot?
[2016-06-28 01:52:37] micmix : fineregex: no
[2016-06-28 01:52:57] fineregex : you code? "haasbot" ?
[2016-06-28 01:52:58] fineregex : :D
[2016-06-28 01:53:04] lockhedge : BitMEX_Arthur: some timeouts, it takes around 500ms to cancel orders
[2016-06-28 01:54:14] rapidtrades : fineregex: i wouldn't do that
[2016-06-28 01:54:31] QuantFocus : BitMEX_Arthur: Great job on the digest this week!
[2016-06-28 01:54:48] rapidtrades : the bitcoin to yuan relationship is positive but not close to 1....more like 0.5 or 0.6
[2016-06-28 01:55:40] rapidtrades : also like ive sad before here, the PBOC sets the onshore rate....the offshore rate that trades freely already had this priced in
[2016-06-28 01:55:51] rapidtrades : 'freely'
[2016-06-28 01:56:00] BitMEX_Arthur : QuantFocus: Thanks
[2016-06-28 01:56:14] rapidtrades : check usd/cny and usd/cnh
[2016-06-28 01:56:16] BitMEX_Arthur : lockhedge: Ok I'll flag that to Wally to investigate
[2016-06-28 01:56:19] micmix : lockhedge: my AWS instance in EU has some bandwidth issues, RDP is very laggy
[2016-06-28 02:01:16] lockhedge : BitMEX_Arthur: thanks
[2016-06-28 02:02:06] lockhedge : micmix: so you think it's an AWS issue?
[2016-06-28 02:02:30] micmix : lockhedge: looks like it
[2016-06-28 02:02:56] micmix : but I don't see any BitMEX timeouts
[2016-06-28 02:05:18] micmix : lockhedge: btw, grats on beating me on the leaderboards :wink:
[2016-06-28 02:05:21] REKT : Liquidated long on `ETHXBT`: Sell 179 @ 0.02098
[2016-06-28 02:19:36] lockhedge : micmix: thanks :)
[2016-06-28 02:39:15] Rune : bitfinex 660 woooo baby we have to catch up
[2016-06-28 03:00:46] mbaril : hey hey guys
[2016-06-28 03:00:49] mbaril : so what is the situation
[2016-06-28 03:21:08] subjective : Where can I get historical funding?
[2016-06-28 03:22:36] BitMEX_Wally : https://www.bitmex.com/app/fundingHistory
[2016-06-28 03:39:42] QuantFocus : BitMEX_Arthur: how long til you believe the xbt hedge needs to be activated?
[2016-06-28 03:39:52] fineregex : yes :(
[2016-06-28 03:40:13] fineregex : i started using this website because XBTUSD long was cheap enough, 0.0043% per 8 hours.
[2016-06-28 03:40:47] QuantFocus : fineregex: it fluctuates quite a bit depending on sentiment
[2016-06-28 03:40:51] fineregex : what i borrowed is essentialy USD, virtual or not doesnt matter
[2016-06-28 03:40:57] BitMEX_Arthur : 6-8 weeks after halving imo
[2016-06-28 03:40:58] QuantFocus : i've seen premiums approach 1%/8h
[2016-06-28 03:41:13] QuantFocus : BitMEX_Arthur: ah really? that far after?
[2016-06-28 03:41:50] QuantFocus : good to know. the whole 'death spiral' theory is disconcerting indeed
[2016-06-28 03:43:38] Rado : China higher than bfx now
[2016-06-28 03:43:51] fineregex : 0.0043%/ 8 h is 67% / year interest rate on USD barely acceptable, just on special occassions.
[2016-06-28 03:44:31] fineregex : but not .1166% / h is >300% / year :-X
[2016-06-28 03:44:40] Rado : Fineregex you are looking at it tge wrong way
[2016-06-28 03:44:43] fineregex : per8h*
[2016-06-28 03:45:52] fineregex : you can only really run such a market if you have liquidity to hedge and willing to pass on your interest rate
[2016-06-28 03:46:26] fineregex : no hedging sounds dangerous, really none?
[2016-06-28 03:46:48] QuantFocus : fineregex: it's not an interest charge though, per se
[2016-06-28 03:47:22] QuantFocus : mark price is adjusted by the funding rate when it occurs, so you're essentially net neutral
[2016-06-28 03:47:48] fineregex : lol
[2016-06-28 03:48:16] fineregex : doesnt make a different for your final balance
[2016-06-28 03:48:56] QuantFocus : i suppose. cost of doing business
[2016-06-28 03:49:18] BitMEX_Wally : The mark price jumps after funding is charged, and then decays down over the next 8 hours. So effectively you pay for the funding over 8 hours rather than all at once.
[2016-06-28 03:49:18] QuantFocus : it's unlikely you're maintaining your position for a year, so annualizing it is arbitrary anyway
[2016-06-28 03:49:57] fineregex : yearly is the right measure
[2016-06-28 03:50:07] QuantFocus : disagree.
[2016-06-28 03:50:14] fineregex : if your provider receives USD liquidity for 1% /year
[2016-06-28 03:50:16] QuantFocus : trading period is more appropriate imo
[2016-06-28 03:50:26] fineregex : then they can pass that on you for 1.1%/year or something
[2016-06-28 03:50:40] BitMEX_Wally : If you want to see the annualised rate of the current funding then look at the Fair Basis Rate: https://www.bitmex.com/app/contract/XBTUSD
[2016-06-28 03:50:43] fineregex : 300% is a failed experiment
[2016-06-28 03:50:53] fineregex : at best
[2016-06-28 03:50:55] BitMEX_Wally : 0.0448% every 8 hours gives 49% annualised
[2016-06-28 03:50:55] fineregex : :X
[2016-06-28 03:51:11] QuantFocus : fineregex: but you'll never pay that
[2016-06-28 03:51:22] QuantFocus : unless it earns you 1500%, in which case, who cares
[2016-06-28 03:51:47] Rado : Exactly QuantFocus
[2016-06-28 03:52:24] Rado : He is fine turning 0.1 BTC into 10 BTC, but cheap on the rate
[2016-06-28 03:52:34] QuantFocus : right...
[2016-06-28 03:52:54] micmix : average rate since introducing new rules is 0.2% or 219% annualized
[2016-06-28 03:53:11] Rado : Try trading BTC/USD without leverage abd see how much you can make
[2016-06-28 03:53:21] micmix : but I can bet it will stay that high
[2016-06-28 03:53:23] QuantFocus : it's expensive, but also out of context given the short data window
[2016-06-28 03:53:50] fineregex : "BitMEX does not charge fees on funding payments"
[2016-06-28 03:53:50] QuantFocus : it's only been a few weeks...in a bull market
[2016-06-28 03:54:05] fineregex : if the sole purpose of the charge is to balance the market
[2016-06-28 03:54:16] fineregex : then the receivers should receive more
[2016-06-28 03:54:19] micmix : yep, it will stay high as long as we are in a bull market, bc it's worth it for high leverage
[2016-06-28 03:54:47] QuantFocus : fineregex: it's an incentive to liquidity providers
[2016-06-28 03:54:56] Rado : Receivers get 1100
[2016-06-28 03:55:10] QuantFocus : presumably people who are also somewhat bearish to neutral
[2016-06-28 03:55:13] Rado : 1100
[2016-06-28 03:55:35] fineregex : arent all rates symterical?
[2016-06-28 03:56:02] fineregex : for example in case you have 90% shorts and 10% longs in such a virtual market, then the longs should get 90 times more than the shorters need to pay
[2016-06-28 03:56:27] Rado : 100% jeez
[2016-06-28 03:56:28] fineregex : and still it is flawned since it is not real market, just some enforced balance
[2016-06-28 03:56:34] micmix : shorts=longs always, you can't have more shorts than longs
[2016-06-28 03:56:39] fineregex : * 9 times
[2016-06-28 03:57:08] BitMEX_Wally : Every trade is between a buyer and a seller, so longs = shorts
[2016-06-28 03:57:41] Adura : Only difference is who has more margin room...!
[2016-06-28 04:00:12] Rado : I am going to pay now :-)
[2016-06-28 04:16:37] elmorte : Damn, CNH is 6.67....I had to sell USD at 6.62 over the weekend :(
[2016-06-28 05:14:07] REKT : Liquidated long on `XBTUSD`: Sell 20 @ 645.93
[2016-06-28 05:16:24] fineregex : BitMEX_Wally: "0.0448% every 8 hours gives 49% annualised" 1.00448^1195 71%
[2016-06-28 05:17:48] elmorte : It's not compounded
[2016-06-28 05:18:27] elmorte : your funding does not get reinvested at the same price...
[2016-06-28 05:18:58] Rune : 100k buy I like it
[2016-06-28 07:21:12] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 644.36
[2016-06-28 07:23:07] REKT : Liquidated long on `XBTUSD`: Sell 1000 @ 642.10
[2016-06-28 08:03:20] helllo : hello
[2016-06-28 08:10:00] men : hashocean scammed
[2016-06-28 08:10:20] men : http://cointelegraph.com/news/major-bitcoin-miner-disappears-along-with-millions-of-dollars-worth-of-bitcoin
[2016-06-28 08:20:53] men : panic buy
[2016-06-28 08:24:43] fineregex : elmorte: noo to compare interest rates billed in different time intervals you do not use addition but ^ exponential! It reduces your capital 1195 times per year and raises your liquidation price each time. if you wanted to keep exactly the same liquidation price and position site you would need to deposit a bit every 8 hours. Or you would need to shrink your position a bit every 8 hours - exponential @BitMEX_Wally
[2016-06-28 08:25:10] fineregex : 'position size
[2016-06-28 08:25:37] fineregex : men: panic buy?:D
[2016-06-28 08:39:43] zanza : hasocean was scammed?
[2016-06-28 08:39:49] zanza : wtf i have a lot of money over there
[2016-06-28 08:42:23] zanza : j/k
[2016-06-28 08:43:18] zanza : its exit scam btw
[2016-06-28 09:02:29] RoftheN : So if that happened, why is the bitcoin price not low?
[2016-06-28 09:03:15] elmorte : fineregex: wut?! you ever had a term deposit loan?
[2016-06-28 09:04:09] elmorte : term deposit *or loan
[2016-06-28 09:05:15] RoftheN : http://mashable.com/2016/06/27/bitcoin-auction-australia/#FMCuRYvQ8ZqQ
[2016-06-28 09:17:06] elmorte : fineregex: do a simple calculation, if 8hr interest is 1% consistently for 365 days, and you have 10,000 contracts. how much you pay per year?
[2016-06-28 09:21:04] RoftheN : A lot
[2016-06-28 09:22:34] fineregex : $10000 (1,01^(365*3)-1)
[2016-06-28 09:26:33] fineregex : that is assuming as if you did deposit this 1% consumption every 8 hours and you needed to pay the same interest rate on that additional money too
[2016-06-28 09:29:08] elmorte : no, that's compound interest
[2016-06-28 09:29:24] elmorte : You're confusing compound interest with simple interest
[2016-06-28 09:29:26] fineregex : (practically you may chose not to do so but just see your margin eaten completely in <99 * 8 hours)
[2016-06-28 09:30:01] fineregex : or if you cant even deposit more
[2016-06-28 09:32:26] BitMEX_Wally : It is up to you if you compound or not
[2016-06-28 09:32:41] fineregex : lol
[2016-06-28 09:32:42] BitMEX_Wally : If you are short and earn interest you can chose to re-invest your earnings
[2016-06-28 09:32:57] fineregex : if you dont deposit the costs you calculate
[2016-06-28 09:33:06] fineregex : 0.99^(3*365)
[2016-06-28 09:33:29] BitMEX_Wally : If you are long with 1x leverage, the funding comes out of your margin, but the position size does not change
[2016-06-28 09:34:04] fineregex : so then you have 0.0006% of your margin left after one year...
[2016-06-28 09:37:21] BitMEX_Wally : Current funding rate is 0.0220% every 8 hours. If you go long with 100% margin then after a year you have 35.76% left
[2016-06-28 09:38:20] BitMEX_Wally : Assuming no compounding and no change in the spot price
[2016-06-28 09:38:59] BitMEX_Wally : If you went short with 100% margin you would end up with 164% left
[2016-06-28 09:45:28] fineregex : how you calculate that?:D
[2016-06-28 09:46:35] fineregex : " of your margin " (*if margin equals position size else multiply interest by leverage )
[2016-06-28 09:50:19] BitMEX_Wally : By 100% margin I mean 1x
[2016-06-28 09:50:40] fineregex : yes
[2016-06-28 09:51:39] BitMEX_Wally : `(1-365x8x0.000220)=0.3576`
[2016-06-28 09:52:01] fineregex : :D
[2016-06-28 09:52:09] BitMEX_Wally : `1+(365*8*0.000220)=1.6424`
[2016-06-28 09:52:49] fineregex : 1.00022^1195 = 1,3007
[2016-06-28 09:54:00] BitMEX_Wally : If I am long, then compounding means I reduce my position after paying funding, which makes no sense
[2016-06-28 09:54:50] fineregex : do you both work for bitmex?
[2016-06-28 09:55:16] fineregex : i hope it would be 0.022
[2016-06-28 09:55:40] sleepywhale : Hello, is there a liquidation price calculator based on the amount of leverage you select?
[2016-06-28 09:55:55] BitMEX_Wally : fineregex: I work for BitMEX, who else are you referring to?
[2016-06-28 09:56:09] sleepywhale : ah nevermind - i found it thanks
[2016-06-28 09:56:18] BitMEX_Wally : :)
[2016-06-28 09:56:39] micmix : double Wally ;)
[2016-06-28 09:57:02] fineregex : anyway it is 0.0448 which is much more
[2016-06-28 09:57:10] fineregex : and i was billed even 0.1166 last time
[2016-06-28 10:01:47] fineregex : 0.998833^1195 aaaaand its gone
[2016-06-28 10:03:36] fineregex : (will hit forced liquidation (<1%left) after 3 month or so)