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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<< >> English 中文 Русский 한국어 日本語 Español Français [2015-08-21 23:45:30] krtek.net : I finally had time to read who those bitmex's "first level support guys from the webchat" are. I no longer wonder why this place just grabbed me hard from the first moment and will probably never let go. Thank you guys. [2015-08-21 23:53:02] krtek.net : Thank you for make this happen. BitMEX will be one of the very most important things in lives of huge number of people. I'm incredibly glad I could be in the firsts ones of those masses. [2015-08-21 23:56:04] krtek.net : I've learned so much in so very little time here. This place is like a heaven. And if the Co-Founder is the one I think he is... :) [2015-08-22 01:18:53] j8 : hashtag #whoswaldo [2015-08-22 01:20:11] j8 : hey @BitMEX_Arthur, any good reason the near month doesnt become the weekly? or omit the weekly? [2015-08-22 03:38:03] STRML : @krtek.net Thanks, happy to hear that, I think there's a great regular crowd on here now. [2015-08-22 03:38:30] STRML : @j8: We're going to make a decision on that in the future but this time around XBT7D will remain this week [2015-08-22 03:42:12] lnovy : How long before the name is made public? I was playing with the idea of betting on it. A personal project just for fun, but as designed it could provide bitmex some new customers bringing funds and winner will have a nice motivation to try the trading as the prize would be delivered to his account on the exchange. Impotant design considerations follows: [2015-08-22 03:43:13] lnovy : - Limit on the amount bet per person (this would be done by bitmex implementing oauth for use with 3rd apps, the only thing I would need from you basically. [2015-08-22 03:44:33] lnovy : - Only the winner would need to reveal themself to claim the prize. Others could stay anonymous. [2015-08-22 03:45:41] lnovy : - I cannot think how to implement homeomorphic encoding with the "free question" ballot, so the names would need to be preselected before the actuall betting, no big kickback imho. [2015-08-22 03:49:21] lnovy : - User would oauth to a helios voting system, which would provide him a unique set of amounts of which any subset could be bet by withdrawals to a common deposit address of an account on bitmex, address would be public would be public. Any unmatched amounts would be returned. [2015-08-22 03:54:44] lnovy : On a set date the list of options will be published as an election in helios, you are required to store your ballot for claiming the prize. After the name is known, presenting the ballot will award your account with the pro rata amount of the prize. After given number of days, all nonclaimed balance will be send back pro rata to everyone who haven't claimed a prize with a ballot. [2015-08-22 04:00:30] lnovy : with oauth permissions for getting the deposit address and requesting withdrawals, if would be fully automatic on the part the would be in charge of the bets deposit account I could get rid of the account access all together, increasing the trust. With the helios part even when borked, the results would be pretty much inchangable and verifiable... ect e ect... [2015-08-22 04:00:31] lnovy : brb [2015-08-22 04:10:00] lnovy : let me know if you consider this workable and how much bitmex is willing to be involved (eg.doing trustees of the election, controlling the service betting account, auditing the claims to disallow inside betting ect.) I think I'm able to hack this together by the thursday, I have no work contracts for the next week anyway. [2015-08-22 04:10:51] lnovy : STRML: ^ [2015-08-22 04:22:38] krtek.net : Someone was mentioning my pagein here lately saying he likes it or something, I saw STRML's one for the first time today, I have no words for there, Such appealing sorcery!. [2015-08-22 04:24:06] krtek.net : which reminds me of this special beauty: http://www.windows93.net/ [2015-08-22 04:35:08] Blargwaffle : https://html5zombo.com/ [2015-08-22 05:03:52] cengel : its crazy how different the trollbox is from just earlier this year to now [2015-08-22 05:24:52] ksinvest : win93 is the best windows i ever used [2015-08-22 05:25:08] ksinvest : esp the dfrag tool [2015-08-22 05:27:42] cengel : is that 1.3 ? [2015-08-22 05:28:38] cengel : i only remember it going from 1.3 to win95 [2015-08-22 05:29:10] ksinvest : i think it was 3.11 to Win95 [2015-08-22 05:29:35] ksinvest : but i like this new 93 version more :) [2015-08-22 05:30:52] ksinvest : are you more nostalgic or optimistic when you say the trollbox changed? [2015-08-22 05:59:17] lnovy : Windows 93's take on the Virtual PC is priceless... [2015-08-22 07:33:38] cengel : ksinvest, lol its better i guess. used to just be Arthur saying goodmorning and nobody responding except sometimes me [2015-08-22 07:37:39] cengel : but now maybe it goes opposite extreme, too fast! [2015-08-22 09:24:18] haxmb : hey admins, when are the withdrawals going to be sent? [2015-08-22 09:27:56] cengel : the ones pre-12 were sent, after were not, at least for me [2015-08-22 09:28:05] cengel : i tried to wd an amount after settlement that did not go throug [2015-08-22 10:15:41] haxmb : same here [2015-08-22 10:15:54] haxmb : over 24 hours ago by now [2015-08-22 10:16:43] cengel : just be patient [2015-08-22 12:42:44] asdasdasdasd : hi [2015-08-22 12:42:51] asdasdasdasd : what is minimum futures contract price? [2015-08-22 12:45:29] gustavo7 : depends on contract [2015-08-22 12:45:48] gustavo7 : just fill 1 and look at order value [2015-08-22 14:54:41] haxmb : BitMEX admin anywhere? [2015-08-22 15:52:30] BitMEX_Sam : haxmb: Hey, we're here, processing now [2015-08-22 15:53:00] BitMEX_Sam : Anything that was submitted before 12 UTC yest was processed, we have just had a delay on processing by hand due to some travel this week. All withdrawals will go through as always [2015-08-22 17:33:02] cengel : ive ditched firefox, going to see how chrome performs. [2015-08-22 17:47:20] cengel : orderbook panel still not updating properl [2015-08-22 18:34:23] cengel : the only liquid contract has 50% dpe [2015-08-22 18:39:31] BitMEX_Arthur : I recommend switching to XBTU15 [2015-08-22 18:39:33] BitMEX_Arthur : 0% DPE [2015-08-22 18:39:41] BitMEX_Arthur : and it will be the on the run contract as of Friday [2015-08-22 18:43:12] halp : hi [2015-08-22 18:43:16] cengel : yea was looking there its starting to pick up [2015-08-22 18:43:20] halp : im not getting send my email to register account [2015-08-22 18:43:40] cengel : scared to take a bigger than 2000 position because the liquidity dries up sometimes [2015-08-22 18:43:41] BitMEX_Arthur : The confirmation email isn't coming through? [2015-08-22 18:43:44] halp : i clicked resend and bitmex still not mail me [2015-08-22 18:43:50] halp : yes confirmation mail not coming [2015-08-22 18:44:15] BitMEX_Arthur : Can you check your spam folder [2015-08-22 18:44:25] halp : its not in spam [2015-08-22 18:44:27] cengel : $5 premium on over 1 month horizon is pretty cheap actually. especially after this drop [2015-08-22 18:44:36] cengel : XBTU15 might be good long [2015-08-22 18:44:43] BitMEX_Arthur : :) [2015-08-22 18:44:54] BitMEX_Arthur : halp: Can you please try again [2015-08-22 18:45:40] halp : ok [2015-08-22 18:45:44] halp : 3rd time lucky hopefully [2015-08-22 18:46:28] cengel : Arthur what are your thoughts on this market selloff worldwide. China crisis or rate hike fears or what [2015-08-22 18:46:48] cengel : Getting the feeling it's only the beginning [2015-08-22 18:47:16] BitMEX_Arthur : 7 years after prev crisis, about time [2015-08-22 18:47:48] cengel : yea it's almost like everybody has seen this one coming [2015-08-22 18:49:22] cengel : the world economy with a slowing China is weird. commodity prices collapsing [2015-08-22 18:52:02] halp : tried to resend for 3rd time [2015-08-22 18:52:04] halp : still not here [2015-08-22 18:53:15] BitMEX_Arthur : halp: Ok we are taking a look at the logs [2015-08-22 18:53:54] halp : just got ` [2015-08-22 18:53:56] halp : 1 [2015-08-22 18:53:59] halp : email arrived :) [2015-08-22 18:54:21] halp : got this error [2015-08-22 18:54:22] halp : Unable to verify email. (Not Found). Please check the link or register again. [2015-08-22 18:56:03] halp : why so long to make an account :( [2015-08-22 18:56:15] BitMEX_Arthur : Sometimes our mailserver is slow [2015-08-22 18:56:31] BitMEX_Arthur : Sorry for the inconvenience, please try again [2015-08-22 19:26:21] gustavo7 : ah another successful XBU short [2015-08-22 19:26:56] gustavo7 : triple bottom? time to go long or will finex implode? so many questions [2015-08-22 19:30:47] muirtastic : How do I add 2FA to my account. I can't even find an options creen. [2015-08-22 19:31:07] muirtastic : All I see under "Options" is to change the color of the screen and toggle "Basic/Advanced" mode [2015-08-22 19:33:29] cengel : Arthur: why use ISO standard for XBT XLT but not ETH? [2015-08-22 19:35:32] roby3d : @muirtastic : click on menu account / wallet and after click in the submenu : my account [2015-08-22 19:36:18] muirtastic : ok thank you [2015-08-22 19:52:05] muirtastic : how many XBT contracts would I have to buy or sell/short to be the equivalent of 1 XBT/BTC or does that question even make sense? [2015-08-22 20:14:43] muirtastic : Ok I see my Position Value now...been trading BTC for a couple of years but new to these futures contracts so still trying to figure it all out [2015-08-22 21:11:12] cengel : lol yea XBTU15 not tradeable either. bid not budgeting [2015-08-22 21:24:56] gustavo7 : holy judas [2015-08-22 21:25:32] gustavo7 : cengel: what do you mean with not budgeting? [2015-08-22 21:43:29] IrralondoCol : Hi All. I don't speak english. I speak spanish. I can in spanish? [2015-08-22 21:56:43] gustavo7 : only a few people chat here and not that often. i don't think you find many spanish speakers here [2015-08-22 22:39:00] rekt : hi [2015-08-22 22:39:23] rekt : deposit address paged is bugged on IE cant copy my address [2015-08-22 22:41:57] IrralondoCol : Thanks, Gustavo7. Good by. [2015-08-22 22:45:38] uiop : this is good, here's okcoin futs (quarterly-weekly) spread from december to now https://www.tradingview.com/x/JCRlTgb2/ [2015-08-22 22:45:45] uiop : coutesy of bosma [2015-08-23 02:45:14] joequant : You have to be careful about okcoin. They've been known to do clawbacks. [2015-08-23 03:01:07] muirtastic : I've read so many bad things about OKcoin on bitcoin reddit...steering clear of them, at least for now. [2015-08-23 03:18:21] jmahh : I don't get it, my mark price gives me positive PNL but I can't close into the orderbook without losing money [2015-08-23 03:19:44] jmahh : Short ETH at 0.0614, mark at 0.059 but first sell at 0.00657........ [2015-08-23 03:21:10] jmahh : is this a liquidity fail?? [2015-08-23 03:22:03] lolcookie : no its contracts general [2015-08-23 03:22:15] lolcookie : everyone thinks it will settle higher [2015-08-23 03:22:28] lolcookie : hence the contract prices are above the mark [2015-08-23 03:22:40] jmahh : so how is mark calculated? [2015-08-23 03:23:08] lolcookie : is just the price on the exchange where it is settled + fair basis [2015-08-23 03:23:12] jmahh : and I mean bid spread is pretty big, no denying [2015-08-23 03:23:32] lolcookie : yeah its an issue [2015-08-23 03:23:51] jmahh : zzz ok whatever I'll pray to the bear god [2015-08-23 03:25:31] lolcookie : well yeah look at BVOL lol [2015-08-23 03:25:48] lolcookie : theres literally fucking nothing on the books [2015-08-23 03:26:02] lolcookie : lol taht word filter errytime [2015-08-23 03:29:33] jmahh : hahh [2015-08-23 03:29:50] jmahh : you're in bvol? [2015-08-23 03:30:02] lolcookie : I want to be [2015-08-23 03:30:10] lolcookie : but the orderbook will never let me [2015-08-23 03:30:13] lolcookie : :( [2015-08-23 03:31:27] BitMEX_Sam : Yeah BVOL has been illiquid [2015-08-23 03:31:34] BitMEX_Sam : Finex oscillation scared some traders [2015-08-23 03:32:42] lolcookie : also j8 made like 4000% roi [2015-08-23 03:33:45] lolcookie : do you think you guys could put the min possible settlement for BVOL in [2015-08-23 03:33:50] lolcookie : because i hate doing math [2015-08-23 03:38:42] BitMEX_Sam : Yeah, we have that calculation, I believe the pricing spreadsheet has it too [2015-08-23 03:51:00] BitMEX_Sam : We fixed those up, some data had broken over time as we added new contracts. [2015-08-23 04:00:43] BitMEX_Arthur : okcoin [2015-08-23 05:51:48] miratrader : BitMEX_Arthur: was there a DPE adjustment on XBTQ15 last week? [2015-08-23 05:53:51] miratrader : BitMEX_Arthur: nvm, it's listed in the Settlement History [2015-08-23 09:03:38] inferioreum : so i did a test and bought some ETH long, but it doesn't show up in my order history, does that mean my account has been liquidated? [2015-08-23 09:16:48] cengel : order history shows all [2015-08-23 09:17:06] inferioreum : mine says: no data [2015-08-23 09:38:23] BitMEX_Sam : inferioreum: If it's not in your history or active orders, then I'm not sure if you actually placed an order. Do you see anything on a refresh? [2015-08-23 09:40:12] BitMEX_Sam : In fact, I'm not seeing that you have deposited at all. Are you talking about another account? [2015-08-23 11:41:01] cengel : Sam it would be very awesome to isolate margin at specified leverage not just 25x [2015-08-23 11:49:53] VanCleef : how do we get more liquidity into bitmex? that seems to be the only thing missing really [2015-08-23 13:07:15] ksinvest : VanCleef: more people should run market making bots, it's very profitable but much more boring than actively trading if your robot does all the work. [2015-08-23 13:13:27] gustavo7 : i'd fear automated losing ;) [2015-08-23 13:17:32] ksinvest : the good part of automated losing: it's always your stupid robot's fault. if it works, it's for sure your genius code :) [2015-08-23 15:45:53] lolcookie : yeah [2015-08-23 15:46:54] BitMEX_Sam : Yeah, market making is very profitable with large spreads, and we make it easy to do [2015-08-23 15:47:11] lolcookie : yeah pity bvol is fucking illiquid [2015-08-23 15:47:13] BitMEX_Sam : cengel: Re: margin isolation that's coming and in our list for the next big dev push [2015-08-23 15:47:27] BitMEX_Sam : Yeah, finex scared everyone off [2015-08-23 15:47:57] lolcookie : there is not a single order for bvol24 [2015-08-23 15:48:03] BitMEX_Sam : A jump from 5 to 30 with 2x leverage is rough [2015-08-23 15:48:04] BitMEX_Sam : Yeah [2015-08-23 15:48:18] BitMEX_Sam : I think it may be on hiatus while users figure out how to price and hedge with it [2015-08-23 15:48:20] lolcookie : thats the threat right [2015-08-23 15:48:29] lolcookie : but you isolate margin anyway [2015-08-23 15:48:35] lolcookie : so you cant lose that big [2015-08-23 15:48:36] BitMEX_Sam : Yeah. Your downside is capped because you've isolated but it's whippy [2015-08-23 15:48:42] lolcookie : mm [2015-08-23 15:48:55] lolcookie : its only whippy upwards though [2015-08-23 15:49:10] BitMEX_Sam : The downward movements are more predictable [2015-08-23 15:49:23] BitMEX_Sam : Usually a settlement or volatility moving out of range [2015-08-23 17:20:51] lolcookie : wow coin is dropping [2015-08-23 19:51:21] rekt : how to close a futures contract> [2015-08-23 19:51:23] rekt : ? [2015-08-23 19:51:46] BitMEX_Sam : rekt: Place the opposite order [2015-08-23 19:51:56] BitMEX_Sam : If you're long 10 contracts, sell the 10 contracts. If you're short 10, buy 10 [2015-08-23 19:52:46] rekt : so I just click sell for 10 contracts of any price? [2015-08-23 19:53:50] BitMEX_Sam : If you want to sell immediately, just place the order at a price lower than you see someone is willing to buy in the orderbook [2015-08-23 19:54:17] rekt : thanks a lot :) [2015-08-23 20:03:09] rekt : I don't understand how we can trade against usd if there is no way to buy with usd on this site [2015-08-23 20:05:08] cengel : with the alchemy of finance [2015-08-23 22:41:45] SnackyCoins : rekt, the site uses an external index for BTCUSD to settle derivatives upon [2015-08-23 22:42:26] SnackyCoins : No spot trading here means no need for MSB licencing, KYC/AML, and other fun things. It's nice 8) [2015-08-24 02:58:48] muirtastic : I am still trying to figure out how to short BTC here to hedge my holdings in cold storage. It seems that XBT would do fine so I don't understand what the other "hedging" one is for. I still have a lot ot learn I guess but so far so good. [2015-08-24 02:59:35] muirtastic : The 25x margin is excellent and I'm fine with getting whipsawed or liquidated there occasionally. [2015-08-24 03:00:03] BitMEX_Arthur : Just match the Bitcoin notional of your holdings and the value of the futures contracts [2015-08-24 03:01:02] muirtastic : Why would you want to choose XBU24H over XBT7D though...it seems like with one day expiration, you would have to keep buying and selling (or shorting and covering) every day to keep an active position. [2015-08-24 03:01:29] muirtastic : So far I have only shorted a good amount of XBT7D...but so far so good. [2015-08-24 03:08:07] BitMEX_Arthur : the XBU series allows you to perfectly hedge the USD value of Bitcoin [2015-08-24 03:08:17] BitMEX_Arthur : when you trade XBT series it isn't a perfect hedge [2015-08-24 03:09:03] BitMEX_Arthur : https://blog.bitmex.com/xbt-vs-xbu-chain/ [2015-08-24 03:16:23] muirtastic : Ok thanks for the help....I have years of trading stocks and crypto but none with futures so trying to learn from scratch. [2015-08-24 05:40:07] germanjew : On the Sell/Short button, the mouse over text says something about buying instead of shorting [2015-08-24 05:40:34] germanjew : The rest of the text makes sense [2015-08-24 05:41:14] BitMEX_Arthur : germanjew: Thanks we will fix that [2015-08-24 06:09:18] null : bitfinex dead again? [2015-08-24 06:13:22] ksinvest : null: https://www.reddit.com/r/BitcoinMarkets/comments/3i62jz/bitfinex_is_freezing/ [2015-08-24 06:14:42] ksinvest : and this is really the best example how you shouldn't communicate https://twitter.com/bitfinex [2015-08-24 06:16:45] cengel : bitfinex has had problems for so many months its weird that they were ever trusted as reference here [2015-08-24 06:17:03] BitMEX_Arthur : cengel: They are the most liquid [2015-08-24 06:17:14] BitMEX_Arthur : non-Chinese Bitcoin/USD exchange [2015-08-24 06:17:31] BitMEX_Arthur : but after Friday we will be using TradeBlock XBX [2015-08-24 06:17:47] SnackyCoins : that switch hasnt been made yet? [2015-08-24 06:17:58] BitMEX_Arthur : No this Friday after settlement [2015-08-24 06:18:08] SnackyCoins : i see 8) [2015-08-24 06:18:19] cengel : arthur, most liquid sure, but their issues have also been well known, basket index always better to smooth those out [2015-08-24 06:18:37] BitMEX_Arthur : Yes and No [2015-08-24 06:18:45] BitMEX_Arthur : Market makers prefer a single exchange, it's easier to do arb and hedge [2015-08-24 06:23:42] ksinvest : BitMEX_Arthur: true, i still don't know if/how i can migrate without any problems. but still i support your decision for XBX. [2015-08-24 06:27:26] ksinvest : not good <code> Exchange appears to be operating normally.</code> https://tradeblock.com/markets/ [2015-08-24 06:29:24] cengel : yea thats a good point actually. [2015-08-24 06:29:31] cengel : i still dont know how the price stream is going to work and if its reliable [2015-08-24 06:52:37] ksinvest : cengel: a lot of uncertainties, but let's try and see and make a better index if Tradeblock fails ;) [2015-08-24 07:11:46] germanjew : who not use the index from coindesk? [2015-08-24 07:12:54] germanjew : why* [2015-08-24 07:18:43] BitMEX_Arthur : TradeBlock are professionals when it comes to market data [2015-08-24 07:18:43] BitMEX_Arthur : The same cannot be said for Coindesk [2015-08-24 07:19:01] SnackyCoins : Arthur, can i chart tradeblock anywhere? [2015-08-24 07:19:34] cengel : when you do the rollout it would be nice to just sum up the resources available to use the index [2015-08-24 07:19:43] cengel : charting, streams, etc [2015-08-24 07:20:52] BitMEX_Arthur : https://tradeblock.com/markets/index/ [2015-08-24 07:21:34] cengel : yea but when i contacted them liek you said they just said to ask you guy [2015-08-24 07:21:57] BitMEX_Arthur : We will publish a .XBX index with real time data [2015-08-24 07:22:05] BitMEX_Arthur : But for charting go to their website [2015-08-24 07:26:17] cengel : really limited charting on their sit [2015-08-24 07:29:38] BitMEX_Arthur : I will speak to them and see what their plans are to maybe get added on Bitcoinwisdom, or Cryptowat.ch [2015-08-24 07:30:54] cengel : that would be nice. [2015-08-24 07:31:20] cengel : also to have a nice 1minute to watch. Sam said he would have a stream in the websocket so i can set my own up but would still be nice [2015-08-24 07:54:19] lockhedge : learned a new bug in my bot and as well in all bots that use bitmex's python script. when the order book is empty, this fails <code>"mid": (float(data['bidPrice']) + float(data['askPrice'])) / 2 TypeError: float() argument must be a string or a number</code> [2015-08-24 07:56:47] SnackyCoins : heh, guess they never expected that to happen [2015-08-24 07:56:54] SnackyCoins : or never had the chance to see it break that way [2015-08-24 07:57:25] SnackyCoins : What happens if BFX is still down come 8am settlement? [2015-08-24 07:57:48] BitMEX_Arthur : There are still trades coming through the API in bursts [2015-08-24 07:58:00] laisee : "You can not place new orders" [2015-08-24 08:04:43] BitMEX_Arthur : https://twitter.com/BitMEXdotcom/status/635724205506592768 [2015-08-24 08:05:44] SnackyCoins : my bfx api last_price has not moved since it began [2015-08-24 08:06:13] BitMEX_Arthur : Market Disruption Event alert, if Bitfinex trading does not resume by 8:30am GMT, Bitstamp will be come the reference exchange for settlement until further notice. We will still be switching to TradeBlock's XBX Index after Friday's settlement [2015-08-24 08:07:44] SnackyCoins : heh, this whole time i thought we settled at 830 eastern [2015-08-24 08:14:31] BitMEX_Arthur : All settlements happen at 12:00 GMT [2015-08-24 08:16:30] gustavo7 : lol XBUQ15 ask empty [2015-08-24 08:17:48] BitMEX_Arthur : The most action is happening on `XBTU15` [2015-08-24 08:18:05] SnackyCoins : i ate all the contracts on XBU24H 8) [2015-08-24 08:18:17] uiop : nom [2015-08-24 08:18:33] uiop : finex wtf [2015-08-24 08:19:08] uiop : there's a small engine room fire [2015-08-24 08:20:27] uiop : that was google translate's translation of this one 796 statement one time it was down [2015-08-24 08:20:50] gustavo7 : uiop: i remember [2015-08-24 08:20:59] uiop : haha [2015-08-24 08:22:58] gustavo7 : anyway i often got trapped in the "downside" when longing XBT or the equivalent on 796 which incurs greater losses [2015-08-24 08:23:19] gustavo7 : so i actually think about longing XBU now [2015-08-24 08:23:54] laisee : longing for a stable, liquid exchange [2015-08-24 08:26:22] BitMEX_Wally : Bitfinex has not printed a trade for over an hour now, so in 5 minutes we will switch `.XBT` to reference Bitstamp [2015-08-24 08:27:40] BitMEX_Wally : `XBU24H` settles in 3.5 hours on the `.XBT30M` index which is calculated as a 30 minute TWAP from `.XBT` [2015-08-24 08:27:44] uiop : gustavo7: lol yeah 796 is a total riverboat, their 50:1 ltc futs you get +/- 100% every like 4 cents [2015-08-24 08:28:26] uiop : the spread almost calls you [2015-08-24 08:28:38] uiop : maybe they stopped their ltc 50:1 [2015-08-24 08:28:43] uiop : haven't looked recently [2015-08-24 08:29:42] uiop : it was basically a few predators just trying to margin call the other predators and the prey [2015-08-24 08:29:47] gustavo7 : no 2%/50:1 ltc anymore [2015-08-24 08:29:55] uiop : then offset into their liquidation limit order [2015-08-24 08:30:11] uiop : margin call chess [2015-08-24 08:30:22] uiop : winner take all [2015-08-24 08:30:42] BitMEX_Wally : Ok, `.XBT` has updated from 223.06 (from Bitfinex) to 221.19 (from Bitstamp) [2015-08-24 08:31:03] gustavo7 : i usually use 10x and i like how you can place a position and thats that, - does not bother the rest of you balance [2015-08-24 08:43:09] trading : what do xlt_usd reference? [2015-08-24 08:43:25] BitMEX_Arthur : trading: Still Bitfinex [2015-08-24 08:43:30] BitMEX_Arthur : Expiry is on Friday, we imagine that issues will be solved by then [2015-08-24 08:43:44] trading : ok [2015-08-24 08:46:03] ksinvest : will you keep Bitstamp als .XBT reference until Friday or switch to BFX as soon as they are online again? [2015-08-24 08:48:14] BitMEX_Arthur : We are going to remain on Bitstamp until Friday, we will send out a more official announcement later today [2015-08-24 08:48:51] ksinvest : thanks, good decision imho [2015-08-24 08:54:40] BitMEX_Wally : If you go to the 'Indices' tab of the Instruments widget you can see the current reference exchange and symbol for each index [2015-08-24 09:03:03] SnackyCoins : where's LTC prices come from? [2015-08-24 09:07:54] SnackyCoins : and BVOL is just derived from .xbt correct? [2015-08-24 09:09:03] BitMEX_Wally : Yes, click on the index and it will tell you [2015-08-24 09:09:34] BitMEX_Wally : `.XLT` is still using Bitfinex for now [2015-08-24 09:14:00] germanjew : is bitmex still considering adding CDS as an instrument? [2015-08-24 09:15:18] BitMEX_Wally : Yes, after we add a `BTCFORK` prediction market for BitcoinXT, we might add simple prediction for exchange default [2015-08-24 09:16:47] germanjew : awesome [2015-08-24 09:27:26] ksinvest : haha "We are aware of some issues with trading" https://twitter.com/bitfinex/status/635711722091905024 [2015-08-24 09:30:53] uiop : over 2 hours ago [2015-08-24 10:01:15] babadook : Hi is anyone from BitMEX here? I have a question [2015-08-24 10:01:28] babadook : BitMEX_Wally: hello? [2015-08-24 10:01:55] babadook : greetings [2015-08-24 10:02:02] BitMEX_Wally : babadook: Hello [2015-08-24 10:02:04] BitMEX_Arthur : Hi [2015-08-24 10:02:14] babadook : hi wally and arthur [2015-08-24 10:02:51] babadook : yesterday i initiated a wihdrawal, however i would like to cancel it, just leave the funds in my account for the time being [2015-08-24 10:03:12] babadook : i think the withdrawal hasnt beed executed yet [2015-08-24 10:03:58] BitMEX_Arthur : babadook: Please send a mail to support@bitmex.com as well thanks [2015-08-24 10:04:30] babadook : immediately [2015-08-24 10:07:18] babadook : BitMEX_Arthur: mail sent [2015-08-24 10:08:07] BitMEX_Arthur : Your withdrawal as been cancled [2015-08-24 10:08:57] babadook : thanksalot [2015-08-24 10:09:07] babadook : i see the funds have been credited [2015-08-24 11:16:22] inferioreum : so what about the ETH7D ? will the reference price change from Kraken to lets say poloniex? [2015-08-24 11:21:38] SnackyCoins : Kraken not having any issues so I dont see why it would move [2015-08-24 11:25:50] inferioreum : there was a 50k flashcrash [2015-08-24 11:26:58] SnackyCoins : well thats altcoins for you [2015-08-24 11:36:33] inferioreum : why would somebody dump 50K ETH in a second & lose 10-20%? makes no sense [2015-08-24 11:40:08] ksinvest : at least this time they say that it was their decision to halt trading https://www.reddit.com/r/BitcoinMarkets/comments/3i5thz/daily_discussion_monday_august_24_2015/cudrtfc [2015-08-24 11:40:53] ksinvest : "at 5:27 UTC, we encountered an issue with post-trade processing, upon which we decided to halt trading" [2015-08-24 12:24:25] ksinvest : Trading on Bitfinex will resume in 7 minutes https://twitter.com/bitfinex/status/635787834448871424 [2015-08-24 12:40:05] gustavo7 : is it just me or is the bitmex trading engine already reacting slower [2015-08-24 12:40:10] gustavo7 : trying to cancel trades [2015-08-24 12:40:20] j8 : i'm noticing some lag too. [2015-08-24 12:40:48] gustavo7 : np tough just some shorts, that no-one took :( [2015-08-24 12:41:30] gustavo7 : i bid $2 below index, no takers [2015-08-24 12:41:46] SnackyCoins : i noticed some lag too but only a bit [2015-08-24 12:41:51] j8 : which contract? hard to keep track of everything [2015-08-24 12:42:34] cengel : boy it stinks when i submit order and the order in book disappears before it fills [2015-08-24 12:42:54] gustavo7 : XBUQ15 [2015-08-24 12:43:15] j8 : ah, haven't been watching the `XBU` series. [2015-08-24 12:44:20] j8 : hey ltc under $3 [2015-08-24 12:44:40] gustavo7 : made 24% on my holdings in 4 weeks only by shorting [2015-08-24 12:45:05] laisee : if I switch from XBTU15 to XBTZ15 by selecting froim drop-down list it always logs me out. If I select using link at top of page it works ok. [2015-08-24 12:45:08] BitMEX_Wally : The Bitfinex trade API is reporting negative quantities: https://api.bitfinex.com/v1/trades/BTCUSD [2015-08-24 12:45:59] BitMEX_Wally : We failed over to Bitstamp and we are switching to TradeBlock `.XBX` index after settlement on Friday [2015-08-24 12:46:23] cengel : i dont see negative [2015-08-24 12:46:59] BitMEX_Wally : ```{"timestamp":1440397917,"tid":11198421,"price":"221.2825","amount":"-0.336447","exchange":"bitfinex","type":"buy"},{"timestamp":1440397916,"tid":11198419,"price":"220.66666667","amount":"-0.208594","exchange":"bitfinex","type":"buy"}]``` [2015-08-24 12:47:06] BitMEX_Wally : I think they may have just fixed it though [2015-08-24 12:47:16] j8 : amateur hour over there. [2015-08-24 12:49:36] lockhedge : changing the trade history... the other guys are probably burning all financial records meanwhile. [2015-08-24 12:50:35] gustavo7 : don't tell the IRS! [2015-08-24 14:21:32] lolcookie : meanwhile at bitmex my orders arent showing up [2015-08-24 14:21:50] lolcookie : nvm just lag [2015-08-24 14:24:27] BitMEX_Wally : lolcookie: How long is the lag? [2015-08-24 14:24:59] BitMEX_Wally : lolcookie: If the web socket is disconnected for more than 5 seconds then a big alert fills the screen [2015-08-24 14:27:27] lolcookie : nah i submitted it [2015-08-24 14:27:33] lolcookie : but it didnt show up on the orderbook [2015-08-24 14:27:45] lolcookie : it was in active orders [2015-08-24 14:27:54] lolcookie : so i refreshed and it was there [2015-08-24 15:58:11] cengel : yea that happens often [2015-08-24 15:58:18] cengel : well not often, but, occasionally [2015-08-24 15:58:40] cengel : @lolcookie are you win10? firefox? [2015-08-24 15:59:37] cengel : XBTQ15 and XBTU15 same premium [2015-08-24 16:00:00] cengel : nm thats just last price. orderbooks a little different [2015-08-24 16:02:40] j8 : `XBTQ15` is a no trade for me. 60% dpe, theres no arb there [2015-08-24 16:05:01] cengel : fairbasis seems really low [2015-08-24 16:06:26] lolcookie : chrome [2015-08-24 16:24:28] BitMEX_Sam : Just fixed that sell button tooltip [2015-08-24 16:24:51] BitMEX_Sam : re: the order not showing up in the book, I've seen reports of that happening intermittently on bad connections but it has been difficult to replicate [2015-08-24 16:25:08] BitMEX_Sam : I suspect the browser's websocket is disconnecting but not properly reporting it to our code [2015-08-24 16:25:55] BitMEX_Sam : We may add per-stream sequence numbers very soon just to add an extra layer of checks [2015-08-24 16:40:35] BitMEX_Sam : Almost all XBU expiries are trading below spot [2015-08-24 16:40:50] cengel : is something wrong with your fairbasis calc [2015-08-24 16:41:15] cengel : everything seems lower than it should b [2015-08-24 16:41:37] gustavo7 : cengel: you know the index is bitstamp now? [2015-08-24 16:41:43] cengel : oh lol [2015-08-24 16:41:55] cengel : still seems low though [2015-08-24 16:42:14] BitMEX_Sam : Yeah we did an emergency switch to bitstamp [2015-08-24 16:42:22] BitMEX_Sam : You should see our alert logs, hour and hours of bad data from finex [2015-08-24 16:43:36] BitMEX_Sam : cengel: The fair basis interest rates are pretty low right now, likely because of the bear signal. I'll check with Arthur on it [2015-08-24 16:43:44] cengel : ok [2015-08-24 16:48:05] Kiran : BitMEX_Sam: checkout the site on firefox mobile. there is a margin on right side seemingly caused by the trollbox updates. [2015-08-24 16:51:23] BitMEX_Sam : Kiran: Thanks, I'll check it out [2015-08-24 16:51:38] BitMEX_Sam : In smaller sizes the floating trollbox reverts to the old version (at the bottom of the screen) [2015-08-24 16:54:43] Kiran : thats part of the problem [2015-08-24 16:54:53] Kiran : it shows as floating first. [2015-08-24 17:00:46] BitMEX_Sam : Ah. That certainly seems incorrect. It should disappear completely. I'll boot it up [2015-08-24 17:44:01] cengel : nobody trading on XBTU15, orderbook out of whack from mark price [2015-08-24 17:45:27] j8 : yeah i took my share. [2015-08-24 17:45:28] lolcookie : mm [2015-08-24 17:45:41] lolcookie : j8 i think you made enough off bvol [2015-08-24 17:45:45] lolcookie : ;) [2015-08-24 17:45:58] j8 : lol that was last week. [2015-08-24 17:46:03] j8 : this is this week [2015-08-24 17:46:07] cengel : j8 just get in there and fix the price! [2015-08-24 17:46:09] lolcookie : you killed bvol [2015-08-24 17:46:18] lolcookie : look at the book, no sells [2015-08-24 17:46:20] j8 : i know, market maker is still licking his wounds [2015-08-24 17:46:31] lolcookie : was it ks [2015-08-24 17:46:42] j8 : no i don't think so. i plan on doing some market making there soon [2015-08-24 17:47:22] cengel : good [2015-08-24 17:47:32] j8 : i feel responsible. [2015-08-24 17:48:09] lolcookie : lol [2015-08-24 17:48:25] lolcookie : put the rose on the body [2015-08-24 17:48:51] lolcookie : all this dumping is scary though [2015-08-24 17:49:26] lolcookie : Im still looking out for gox like behaviour [2015-08-24 17:51:30] cengel : all this bid support on XBTU15 what is the mm doing, nobody wants to risk blowing through that and not being able to get out [2015-08-24 17:51:53] cengel : 3% above mark dafuq [2015-08-24 17:51:57] cengel : thats basically margin call lol [2015-08-24 17:52:17] cengel : that is just too high for practical purposes on 25x [2015-08-24 17:52:24] j8 : team effort, ready, 1..2...3... [2015-08-24 17:52:31] lolcookie : there is so much liquidity there [2015-08-24 17:53:15] lolcookie : gotta wait for 7d settlement [2015-08-24 17:53:45] lolcookie : trade responsibly [2015-08-24 17:53:46] cengel : if the mark price deviation from orderbook is about the change in price that causes margin call [2015-08-24 17:53:51] cengel : thats screwy [2015-08-24 17:54:39] lolcookie : i doubt whoever put those orders up is leveraged at 25x [2015-08-24 17:54:46] j8 : oh yeah, you get stopped from placing it eh? [2015-08-24 17:54:57] j8 : "this order would put you in liquidation" [2015-08-24 17:55:41] cengel : hah [2015-08-24 17:56:08] cengel : making progress on the Great Bidwall of September [2015-08-24 17:56:50] lolcookie : i dont like trading with such long expirey [2015-08-24 17:57:18] cowtung : only trade on thursdays then [2015-08-24 17:57:38] lolcookie : I ment when its like 3 months away lol [2015-08-24 17:58:17] j8 : that's the whole point of futures [2015-08-24 17:59:08] cengel : well its just screwed up right now [2015-08-24 17:59:18] cengel : normally it generally follows spot so it doesn't matter what expiry is [2015-08-24 17:59:44] lolcookie : yeah but if you want to exit you have to wait a long time for profit [2015-08-24 17:59:51] cengel : but in this case mark price deviation is just ridiculous [2015-08-24 18:01:01] j8 : $8 above spot for 5 weeks away quanto isn't ridiculous [2015-08-24 18:01:18] j8 : strange in a bear market though. [2015-08-24 18:01:53] BitMEX_Sam : I agree that XBTU15 mark appears quite low [2015-08-24 18:01:55] cengel : j8: mark price [2015-08-24 18:02:04] j8 : yeah may need an adjustment [2015-08-24 18:02:23] BitMEX_Sam : Yes [2015-08-24 18:03:34] cengel : and Q is at 70% dpe now [2015-08-24 18:03:35] cengel : untradeable [2015-08-24 18:06:05] cengel : XBTU15 is the only hope people trade on it [2015-08-24 18:07:09] BitMEX_Sam : Q DPE has to do with liquidation orders currently in the book [2015-08-24 18:07:35] BitMEX_Sam : Between now and Friday it is likely those will get shaken out or aggressed into the book for a smaller loss [2015-08-24 18:07:52] BitMEX_Sam : I've updated XBTU15 basis to be more in line with trading and the other contracts [2015-08-24 18:11:44] BitMEX_Sam : Kiran: FF Mobile is fixed, thanks a lot for pointing that out! [2015-08-24 18:48:24] cengel : Sam is there any plan to mark liquidation orders in orderbook [2015-08-24 18:48:30] cengel : just so we can know which way is up or down? [2015-08-24 18:49:53] BitMEX_Sam : cengel: Yeah, we've been planning to, I don't have the data from the engine coming into the app yet [2015-08-24 18:49:55] BitMEX_Sam : Will work with Wally on that [2015-08-24 18:50:42] cengel : im pretty sure its that 236.66 order on Q15 [2015-08-24 18:50:46] j8 : yes it is [2015-08-24 18:50:50] j8 : left over from last week [2015-08-24 18:51:03] j8 : at the rebalance price [2015-08-24 18:54:30] j8 : and 264.1 on `XBTZ15` [2015-08-24 19:00:13] j8 : they can stay with us forever in a sustained trend. that's why it [2015-08-24 19:00:33] j8 : it's critical they get filled asap [2015-08-24 19:01:26] cengel : thats why dpe is better for shorter expiration so they get resolved no matter what [2015-08-24 19:01:33] cengel : instead of s you say hanging in trend [2015-08-24 19:02:14] cengel : otherwise we can rename it Double Penetration in Expiration [2015-08-24 19:02:19] j8 : lol [2015-08-24 19:07:47] j8 : i was thinking, if you have losses already on a dpe contract it doesn't matter until you reach 0 pnl [2015-08-24 19:08:24] j8 : and if you have gains, then both your gains and losses are effectively smaller [2015-08-24 19:08:49] j8 : so what really matters is when you cross zero [2015-08-24 19:24:45] GAmma : Sam - so if I daytrade XBTQ today for a small profit, all things being equal, on Friday I will only keep 36% of that? [2015-08-24 19:25:12] GAmma : did dpe go to zero on Friday upon resbalancing? Rebalancing resets it to zero, right? [2015-08-24 19:25:37] j8 : it does but the liquidations get moved to the rebalance price. they didn't get filled [2015-08-24 19:26:20] BitMEX_Sam : GAmma: Technically, yes, if you're in profit you will not get 100% of the profit. We expect the prices of these contracts to reflect that as the market evolves. [2015-08-24 19:26:37] BitMEX_Sam : However the DPE % is very high due to active liquidation orders - if they are filled the % will fall dramatically. [2015-08-24 19:26:38] j8 : you're better off trading `XBT7D`, same expiry [2015-08-24 19:26:52] cengel : Sam, does the mark price take into account this? [2015-08-24 19:26:56] BitMEX_Sam : Yes, this week `XBT7D` and `XBTQ15` are the same contract [2015-08-24 19:27:03] BitMEX_Sam : cengel: Not yet, we've been thinking about that [2015-08-24 19:27:21] BitMEX_Sam : The issue is coming up with a one-size-fits-all formula that reflects the reduced value of a contract when DPE is higher [2015-08-24 19:28:47] cengel : lol the UI is so laggy for me. on Chrome or Firefox or anything [2015-08-24 19:29:00] GAmma : I had a profit on XBTQ last week. Where can I see the dpe got docked? [2015-08-24 19:29:22] BitMEX_Sam : GAmma: See the settlement history for overall stats, and your wallet history for your specific pnl [2015-08-24 19:29:30] BitMEX_Sam : cengel: Adv or basic UI? [2015-08-24 19:29:33] cengel : adv [2015-08-24 19:29:50] cengel : i lose count how many times i dont hit an order because the UI just takes multiple seconds to execute [2015-08-24 19:30:40] j8 : same here, also on advance. often between 3 and 5 seconds [2015-08-24 19:31:15] BitMEX_Sam : Hmm let me check the logs. That shouldn't be UI lag, could be latency from you to the server or inside the API [2015-08-24 19:31:59] BitMEX_Sam : Ah yeah. I see some slow orders. [2015-08-24 19:32:01] j8 : clicking around the site is quite fast, changing contracts etc [2015-08-24 19:32:14] cengel : its when i want to put in the orders t criticla times that it does that [2015-08-24 19:35:46] cengel : if my latency to China gives me faster order execution other places than here then it surprises me if its latency [2015-08-24 19:35:56] GAmma : with pretty conservative positions, (leverage well-managed), I made 17.9% in the 18 days since my first deposit [2015-08-24 19:36:35] GAmma : I'm sure others have done better w/ crazy leverage [2015-08-24 19:36:50] GAmma : or not even crazy, just more aggressive [2015-08-24 19:37:08] GAmma : I was pretty tight, 'cause just getting familiar with the platform. [2015-08-24 19:37:32] GAmma : and wary of liquidity limits [2015-08-24 19:40:39] j8 : that's about what BTC has lost since then :) [2015-08-24 19:42:57] j8 : 1% a day is pretty amazing though if you can pull it off consistently and compound it. [2015-08-24 19:59:55] TheBigMac : .. [2015-08-24 20:00:15] BitMEX_Sam : TheBigMac: What's up? [2015-08-24 20:04:36] krtek.net : Hello there, I see it was a crazy weekend, good that I was out of civilisation :) I feel refreshed as never :) [2015-08-24 20:12:10] j8 : welcome back krtek. yes the world is a different place now [2015-08-24 20:17:58] krtek.net : My affiliate link doesn't seems to work. The counter stay at zero. I was currious when I promoted bitmex in one community and nothing happend, even more when 2 of my friends confirmed that thay registered using my link (But the could have messed up). I've tried it myself and there is no way I can make the counter move from zero. [2015-08-24 20:19:15] BitMEX_Arthur : krtek.net: We are aware of some issues surrounding the affiliate links and are working on a fix currently [2015-08-24 20:20:44] krtek.net : Thanks, be sure to apply the fix even retroactivelly (if there is no doubt eg. matching by log per ip doesn't shows more than sponsor) :) [2015-08-24 20:21:59] krtek.net : I've also notice that when the form verification fails, the affilatie infobox disappers, but this is probably a dependant bug on the main one, I will retest it anyway after you fix it :) [2015-08-24 20:23:18] BitMEX_Sam : krtek.net: Will take another look at it, we had an issue earlier that was cleared up [2015-08-24 20:24:28] krtek.net : also, if possible, close the account krtest<any number>, I have no usage for them now. Or point me to a place in setting where I can close the account myself, I haven't found it. [2015-08-24 20:24:38] krtek.net : krtest< any number> [2015-08-24 20:25:40] BitMEX_Sam : Gotcha. [2015-08-24 20:41:44] krtek.net : `ETH7D` chart is showin bogus data at least @1h [2015-08-24 20:42:54] krtek.net : it's showing rates for `XLT7D` most probably. [2015-08-24 20:44:34] BitMEX_Sam : krtek.net: Not seeing that [2015-08-24 20:44:36] BitMEX_Sam : Refresh? [2015-08-24 20:45:00] BitMEX_Sam : I have some chart bugfixes in progress, we will be able to show positions on the chart very soon and hopefully orders and executions after that [2015-08-24 20:49:38] krtek.net : Now it's showin fine :) thx [2015-08-24 20:52:12] krtek.net : I also have one minor thingy, gui settings theme is leaking to unlogged session. Click the affilate leak causes my logged in session to expire, but both the re-login form and the registration form is shown in the theme the logged in session was in. There is not a big problem with that information leaking, but there could be other thing (even potentially) leakin through this way. Put it in your backlog please:) [2015-08-24 20:54:52] gustavo7 : i hope you guys don't prioritize like the ones from IGOT [2015-08-24 20:55:17] BitMEX_Sam : krtek.net: That's intentional [2015-08-24 20:55:32] BitMEX_Sam : There's no information leakage, we just intentionally keep the last theme so it's not quite so jarring logging in and out [2015-08-24 20:55:39] gustavo7 : anyone read that story? some dude was able to withdraw twice his balance, ticket was prioritized low because it was a small amount lol [2015-08-24 20:56:00] krtek.net : I love you guys more and more :) [2015-08-24 20:56:05] BitMEX_Sam : gustavo7: That's impossible here. We sum the whole system to zero on every position update [2015-08-24 20:56:34] BitMEX_Sam : krtek.net: Glad to have a fan [2015-08-24 20:57:20] krtek.net : Fan? I'm devoted from the first moment. I'm just discovering the reasons why this happend :)) [2015-08-24 20:58:13] quantuml : help with understanding arbitrage with futures [2015-08-24 20:58:33] BitMEX_Arthur : quantuml: What would you like [2015-08-24 20:59:06] quantuml : i was looking over a guide you published on how to arbitrage with okcoin futures, but i am still a little confused [2015-08-24 20:59:26] krtek.net : BitMEX_Sam: The question from gustavo how do you triage your support tickets :) [2015-08-24 20:59:37] krtek.net : IMO. [2015-08-24 20:59:44] BitMEX_Sam : krtek.net: One by one, obviously anything involving user funds is to the top [2015-08-24 21:00:04] BitMEX_Sam : Information requests, API questions, etc., are handled as we can but are lower priority [2015-08-24 21:00:28] krtek.net : quantuml: see, there are no small or big users here :) [2015-08-24 21:00:47] quantuml : ok [2015-08-24 21:01:13] BitMEX_Arthur : quantuml: What specifically do you want to know? [2015-08-24 21:38:12] gustavo7 : this meltdown is unreal [2015-08-24 21:38:56] BitMEX_Sam : It's really too bad [2015-08-24 21:42:23] gustavo7 : Sam: where/do you hedge your earnings from fees? here too? [2015-08-24 21:42:59] BitMEX_Arthur : gustavo7: We are not at liberty to discuss our corporate treasury policy [2015-08-24 21:43:15] gustavo7 : xD [2015-08-24 21:57:33] BitMEX_Arthur : Here it cums [2015-08-24 22:01:27] gustavo7 : $200 danger zone [2015-08-24 22:03:39] gustavo7 : http://aretheyawake.in/China [2015-08-24 22:08:55] ksinvest : okcoin now slightly above US based exchanges, interesting dumps: https://cryptowat.ch/okcoin/btcusd/1min [2015-08-24 22:09:46] gustavo7 : okcoin [2015-08-24 22:09:51] gustavo7 : lol u rascals [2015-08-24 22:10:07] ksinvest : ups [2015-08-24 22:13:47] BitMEX_Arthur : haha [2015-08-24 22:13:50] BitMEX_Arthur : glad you finally noticed