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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[2016-07-02 10:26:14] migz : Which mark price are we following?
[2016-07-02 10:33:28] FLACK : ARE WE GONNA BUS?
[2016-07-02 10:42:46] wurstgelee : I PREFER CABS
[2016-07-02 10:48:33] fineregex : bus? breakoutsoon?
[2016-07-02 11:01:34] Mr Blue : Here we go guys, I smell profit in the wind, well yesterday's money back at least lol
[2016-07-02 11:14:57] subjective : Mr Blue: nice one, time to get back losses his week
[2016-07-02 11:15:37] Mr Blue : I have 45 mins then I assume my yen contracts settle for spot price? Hopefully we'll pass 700 in the next 30 mins lol
[2016-07-02 11:15:41] Mr Blue : Brb food
[2016-07-02 11:35:43] writlarge : going to happen pretty soon it looks like
[2016-07-02 11:36:06] writlarge : (finex breaking its high, that is)
[2016-07-02 11:36:19] Mr Blue : 24 mins till settlement on Yen, bulls need to hurry up lol
[2016-07-02 11:37:07] Mr Blue : writlarge: coinbase went 698 about ago, I think 710+ today is a sure thing
[2016-07-02 11:37:21] Mr Blue : A bit ago
[2016-07-02 11:37:35] writlarge : cool. agree
[2016-07-02 11:38:14] writlarge : bfx finally broke 693
[2016-07-02 11:43:30] Mr Blue : writlarge: it needs to moon in like ten mins damn 24h contact, but I can always jump back in I guess
[2016-07-02 11:44:52] rapidtrades : fomo fegs!
[2016-07-02 11:44:54] Mr Blue : Go to Bitcoin
[2016-07-02 11:45:01] FLACK : LET'S BUS!
[2016-07-02 11:45:05] BTCDJS : rapidtrades: hey buddy!
[2016-07-02 11:45:13] FLACK : BUS IN LIKE A RAPPER WAY
[2016-07-02 11:45:21] FLACK : LIKE "IMMA BOUT TO BUS!"
[2016-07-02 11:45:47] BTCDJS : will you stop giving me flack over this geese
[2016-07-02 11:47:01] rapidtrades : BTCDJS: hi
[2016-07-02 11:47:08] Rado : Sup boys?
[2016-07-02 11:47:17] Mr Blue : .moon it ladies.... all the way to Ganymede
[2016-07-02 11:47:28] BTCDJS : here we go again. How high?
[2016-07-02 11:47:34] FLACK : ALL I SEE IS A LARGE MOON
[2016-07-02 11:48:23] Mr Blue : FLACK: I see the sun, because Bitcoins going to the stars ?
[2016-07-02 11:48:29] Rado : Who is this character?
[2016-07-02 11:48:51] Mr Blue : Fffff 11 mins
[2016-07-02 11:48:51] BTCDJS : Rado: he's from dr sues
[2016-07-02 11:52:28] Rado : Why is finex so much behind?
[2016-07-02 11:52:44] writlarge : behind what?
[2016-07-02 11:54:07] Tedy. : Rado: We are going down now
[2016-07-02 11:54:52] Tedy. : we had the feakout
[2016-07-02 11:55:03] Tedy. : so MM could get pos to short
[2016-07-02 11:55:25] Tedy. : It is just perfect
[2016-07-02 11:55:42] Rado : Tedy are you a perma bear?
[2016-07-02 11:55:52] rapidtrades : tedy tedy tedy......
[2016-07-02 11:56:00] BTCDJS : what a knob
[2016-07-02 11:56:24] BTCDJS : regular buzzkill
[2016-07-02 11:56:29] Tedy. : Rado: No i mostly bull
[2016-07-02 11:56:43] Mr Blue : Rado: they have leverage maybe more shorters then say coinbase
[2016-07-02 11:56:46] Rado : Ok
[2016-07-02 11:57:51] Rado : I see $720 on this leg
[2016-07-02 11:58:04] Tedy. : Rado: Look at the 2h candle tho
[2016-07-02 11:59:18] Rado : All I see is a test of the broken resistance and then up again
[2016-07-02 11:59:52] Mr Blue : F m l
[2016-07-02 12:00:12] FLACK : HAIL MARY 50 X
[2016-07-02 12:08:41] rapidtrades : smone cancelled the fomo
[2016-07-02 12:17:18] justinlooking : not cancelled, just postponed
[2016-07-02 12:21:35] Rado : rapidtrades: $20 not enough?
[2016-07-02 12:21:56] Rado : I wish I bought more contracts yesterday as well
[2016-07-02 12:29:34] Rado : there is some resistance at $695 on Bitfinex
[2016-07-02 12:29:46] Rado : if we break that $720 easy
[2016-07-02 12:36:01] subjective : Anyone think BTC will drop to 680 support before new hight?
[2016-07-02 12:36:25] WarWarBanana : Noobquestion here. Is a) or b) more profitable for me. a) Entered market on 640 with say 0.15 btc. staying on long until f. example 700. b) Cash out on 690 with 0.2 btc and re-enter market with more assets.
[2016-07-02 12:36:41] Rado : subjective: I don't
[2016-07-02 12:37:06] BTCDJS : WarWarBanana: just enter and hold
[2016-07-02 12:39:21] WarWarBanana : ok. But I entered with a 15x margin. But during my long the margin went down to 8x. Would it not be more profitable if I re-enter with a 10x margin with more assets if I were to think btc would further increase?
[2016-07-02 12:39:28] subjective : Rado: perhaps, this is a bull flag, because every one would be going nuts long on BTC in the next few days
[2016-07-02 12:40:00] Rado : subjective: why is everyone going long in the next few days/
[2016-07-02 12:40:03] Rado : ?
[2016-07-02 12:40:12] ayy_lmao : warwarabanna
[2016-07-02 12:40:20] ayy_lmao : if u close u have to wait for rebalance to get profits
[2016-07-02 12:40:24] subjective : Redo: duh, halving
[2016-07-02 12:40:25] ayy_lmao : so u might miss the entry waiting
[2016-07-02 12:40:38] ayy_lmao : u cant immediately enter with more
[2016-07-02 12:40:51] Rado : subjective: wouldn't people already be long because of halving
[2016-07-02 12:41:02] Rado : not that they didn't know halving is coming
[2016-07-02 12:41:07] subjective : china need to go above 5000 first
[2016-07-02 12:41:34] fineregex : https://www.bitmex.com/app/leaderboard why isnt Daisy-Coconut-Shaker in the first table?
[2016-07-02 12:41:47] WarWarBanana : ayy_lmao: What if I time it to reenter as soon as I get my Unreaslied PNL?
[2016-07-02 12:41:49] Rado : rapidtrades: not much premium here. How is it at OKC?
[2016-07-02 12:42:14] ayy_lmao : sure, you could, but you open yourself up to more risk is price goes against you
[2016-07-02 12:42:27] ayy_lmao : and could lose the profit faster than you gained
[2016-07-02 12:42:35] ayy_lmao : or you could make it twice as fast
[2016-07-02 12:42:40] ayy_lmao : thats the game of trading
[2016-07-02 12:43:29] WarWarBanana : ayy_lmao: I see. Thanks for making it more clear.
[2016-07-02 12:43:36] ayy_lmao : there isn't really a right answer, do what you think is best for you
[2016-07-02 12:44:00] johndoe : Because daisy-coconut is betting much smaller money
[2016-07-02 12:45:09] fineregex : johndoe: then daisy-coconut must have started below 0.2 bitcoin
[2016-07-02 12:45:20] WarWarBanana : Another noob question if I may. Why is the margin price dynamic and not static? The more I gain the less I earn, right? And the more I loose the more the margin continues to rise?
[2016-07-02 12:46:17] ayy_lmao : no, the leverage decreases because it takes into account unrealized profit
[2016-07-02 12:46:39] mike1000 : fineregex: Don't you think 25th place on leaderboard with 25 XBTprofit is a little discouraging? I thought it's not that much for a global xchange
[2016-07-02 12:47:14] johndoe : fineregex: haven't done the math, but yah, that makes sense. Easier to make huge percentage gains with smaller starting point for various reasons
[2016-07-02 12:47:22] Rado : WarWarBanana: the profit is added to the margin if you are using cross
[2016-07-02 12:48:41] WarWarBanana : Thanks again for taking the time to help out the beginner: Rado and ayy_lmao.
[2016-07-02 12:49:01] fineregex : mike1000: i think bitmex is young still. And of course risky/shortterm deals as of the varying interest rates, as long as they dont do hedging
[2016-07-02 12:49:17] WarWarBanana : Rado: I don't what cross is. I am using normal XBT trade
[2016-07-02 12:49:50] Rado : every trade has leverage
[2016-07-02 12:49:54] fineregex : daisy coconut , all the $11 orders all day, is it you? @johndoe
[2016-07-02 12:50:10] Rado : you can either set the leverage yourself or leave it as cross
[2016-07-02 12:50:22] Rado : cross will set the leverage based on your balance
[2016-07-02 12:50:53] Rado : for example on my trade the leverage I have right now is 2.77
[2016-07-02 12:52:26] johndoe : fineregex: nah that's not me. i'm betting a lot larger sums than that
[2016-07-02 12:53:02] WarWarBanana : Thanks again Rado!
[2016-07-02 12:53:08] fineregex : johndoe: i see, you are Almond-Cookie-Soarer, even without math, good job
[2016-07-02 12:53:35] Rado : fineregex: how do you see that?
[2016-07-02 12:53:49] johndoe : lol, i wish
[2016-07-02 12:54:05] Rado : I wish the same
[2016-07-02 12:54:14] Rado : 540 BTC profit will be nice :-)
[2016-07-02 12:56:12] johndoe : anyone know what length of time the leaderboard measures? all-time?
[2016-07-02 12:57:32] justinlooking : yes all time afaik
[2016-07-02 12:58:07] mike1000 : fineregex: well in sports betting I went from $25 to $400 (then lost all my stupid), that's 20x profit, I think that's possible here, trading is less of a gambling? Or more? :)
[2016-07-02 12:58:15] johndoe : kinda surprising that 300% all-time profit would make you 25th on the list.
[2016-07-02 12:58:29] johndoe : considering the leverage capabilities
[2016-07-02 12:59:26] mike1000 : johndoe: maybe there's not many winners here, everybody users 50x leverage and busts on the first rebound
[2016-07-02 12:59:40] johndoe : hah
[2016-07-02 13:03:39] mike1000 : I busted on ETH like that before I discovered I can reduce leverage in-position by dragging a slider :)
[2016-07-02 13:05:01] Rado : not that surprising
[2016-07-02 13:05:09] Rado : there are not a lot of users in here
[2016-07-02 13:05:24] Rado : I mean not like okc or bitfinex
[2016-07-02 13:06:45] johndoe : yeah still pretty small userbase. i just joined about 10 days ago after the bitfinex outage
[2016-07-02 13:07:28] subjective : 700 !
[2016-07-02 13:07:34] ayy_lmao : fuck yes
[2016-07-02 13:07:41] ayy_lmao : need to seal the deal on finex
[2016-07-02 13:08:21] johndoe : i really like the trading engine here - very quick and can actually be very confident that i will get the bid/ask i see on screen
[2016-07-02 13:08:58] subjective : we smashed the mini-post-brexit rally height, next stop 800
[2016-07-02 13:09:34] ayy_lmao : cmon stamp, lead the way for finex
[2016-07-02 13:19:29] ayy_lmao : china a bunch of pussy ass bitches 4 realz
[2016-07-02 13:22:19] ayy_lmao : Ima get a Cinnabon and some milk, China better have its big boy pants on when I get back
[2016-07-02 13:23:45] Mr Blue : ayy_lmao: ye think I'm going to take a bath, I need 720 real bad lol
[2016-07-02 13:55:14] WarWarBanana : Noob question: How do I put up a stop loss on a open position?
[2016-07-02 13:56:01] Mr Blue : WarWarBanana: use limit and add your price
[2016-07-02 13:56:20] WarWarBanana : Ty Mr Blue
[2016-07-02 13:56:47] Mr Blue : Np
[2016-07-02 14:02:24] ayy_lmao : ayyyy lmaoooo
[2016-07-02 14:05:42] migz : Oh 00
[2016-07-02 14:06:11] ayy_lmao : f*cking china man
[2016-07-02 14:06:28] ayy_lmao : even when it breaks out it doesnt break out
[2016-07-02 14:06:51] ayy_lmao : wtf is this hsit
[2016-07-02 14:11:57] Mr Blue : Don't worry they got to feed the shorters from time to time, but I think its still looking strong for 720 today
[2016-07-02 14:13:37] Mr Blue : Drop past 687 then I'll start to worry lol
[2016-07-02 14:17:32] macios15 : drop to 4400 then i will start to worry
[2016-07-02 14:18:49] zanza : we get 700 yet ?
[2016-07-02 14:18:56] zanza : rapidtrades: you on ?
[2016-07-02 14:22:47] ayy_lmao : china
[2016-07-02 14:22:50] ayy_lmao : lol
[2016-07-02 15:23:23] mike1000 : What is this 11 conract wankery?
[2016-07-02 15:31:33] rapidtrades : zanza: whatt
[2016-07-02 15:50:32] IChTj4OeMavRq6qeIyEb : Where can I find a formula for XBTUSD liquidation price?
[2016-07-02 16:02:57] justinlooking : 1024 blocks until mooniest moontime
[2016-07-02 16:05:35] writlarge : we can have moontime before that too
[2016-07-02 16:06:17] BitMEX_Greg : IChTj4OeMavRq6qeIyEb: Take a look at: https://www.bitmex.com/app/contract/XBTUSD uner the `Maintenance Margin`
[2016-07-02 16:06:30] BitMEX_Greg : MM = `0.50% + Exit Commission + Funding Rate`
[2016-07-02 16:07:05] IChTj4OeMavRq6qeIyEb : I found that. Still not sure how it relates to the liquidation price I can see in my dashboard
[2016-07-02 16:07:55] IChTj4OeMavRq6qeIyEb : BitMEX_Greg: is it when PNL goes over MM
[2016-07-02 16:08:03] IChTj4OeMavRq6qeIyEb : negative PNL I mean
[2016-07-02 16:36:09] Johnster : BitMEX_Greg: So.. in reply to my question yesterday BitMex said: Sub-accounts are on the shortlist. My open question: Will there be a shared equity/margin option upon subaccount creation?
[2016-07-02 16:50:02] justinlooking : ichy i have formula for that somewhere
[2016-07-02 16:50:03] justinlooking : sec
[2016-07-02 16:51:24] IChTj4OeMavRq6qeIyEb : justinlooking: thanks~
[2016-07-02 16:51:27] IChTj4OeMavRq6qeIyEb : *!
[2016-07-02 16:51:42] justinlooking : `entry*(((pos_value/(leverage-1)) /pos_value)+1)`
[2016-07-02 16:53:33] fineregex : BitMEX_Greg: are the top 3 leader board entries subject to the 500 btc position size limit?
[2016-07-02 16:53:35] IChTj4OeMavRq6qeIyEb : justinlooking: So leverage would be 200 and pos_value is the number of contracts?
[2016-07-02 16:54:57] justinlooking : not quite, 50x would be 50, 1x would be 1... pos_value is the pos's value in btc at the time of setting the leverage
[2016-07-02 16:56:31] justinlooking : 1x won't work because of div by zero, always assumed that's why see 100000000000
[2016-07-02 16:58:43] IChTj4OeMavRq6qeIyEb : your formula simplifies to `entry*(1/(leverage-1)+1)`
[2016-07-02 16:59:26] IChTj4OeMavRq6qeIyEb : I'm still not getting the correct result though
[2016-07-02 17:00:22] IChTj4OeMavRq6qeIyEb : And it shouldn't because liquidation price definitely depends on position size
[2016-07-02 17:01:26] justinlooking : how did u factor out pos value?
[2016-07-02 17:01:36] justinlooking : that can't be right
[2016-07-02 17:01:39] justinlooking : agree can be simplified
[2016-07-02 17:01:49] justinlooking : but pos value is contracts / mare\
[2016-07-02 17:01:57] justinlooking : *contracts / mark
[2016-07-02 17:03:41] IChTj4OeMavRq6qeIyEb : This part: `(pos_value/(leverage-1))/pos_value` == `1/(leverage-1)`
[2016-07-02 17:04:01] justinlooking : where did pos_value go?
[2016-07-02 17:04:15] IChTj4OeMavRq6qeIyEb : Just like `(a/b)/a` == `1/b`
[2016-07-02 17:04:31] IChTj4OeMavRq6qeIyEb : It canceled out per your equation
[2016-07-02 17:05:59] BitMEX_Sam : Johnster: What we're looking at to begin with is a way of linking on creation, which would allow one account to be the master and others to be subs. They would be able to transfer withdrawable balance to each other instantly.
[2016-07-02 17:06:08] BitMEX_Sam : Improvements to that would include a dashboard summarizing the accounts & open positions.
[2016-07-02 17:06:56] IChTj4OeMavRq6qeIyEb : BitMEX_Sam: Do you have an equation for XBTUSD liquidation price?
[2016-07-02 17:08:23] BitMEX_Sam : It's simply the price at which the margin you hold is equal to the MM requirement
[2016-07-02 17:08:30] BitMEX_Sam : Let me see if there is something simple in the code I could translate for you
[2016-07-02 17:08:56] Johnster : BitMEX_Sam: Yes, linking sounds OK... If one account is the master, and it funds (margin) are available to the subs (on choice) that would enable me to do nice things.
[2016-07-02 17:09:58] IChTj4OeMavRq6qeIyEb : BitMEX_Sam: Ok great thanks. I looked at the MM percentage equation but I couldn't relate my result to the displayed liquidation price
[2016-07-02 17:09:59] Johnster : BitMEX_Sam: 100% separated has advantages too... but it's all about having the choice ...
[2016-07-02 17:24:36] BitMEX_Sam : IChTj4OeMavRq6qeIyEb: It should be as simple to calculate as `entry * (1 - (IM - MM))`
[2016-07-02 17:26:16] BitMEX_Sam : If you've refilled margin on a position by adjusting the slider, it does so relative to the mark price, so you'd want to use the mark price in that calc.
[2016-07-02 17:51:00] bitbucks : Can with
[2016-07-02 18:07:13] Johnster : BitMEX_Sam: So will BitMex come with some thing like my proposal? That will put BitMex on my shortlist....
[2016-07-02 18:19:35] rapidtrades : http://money.cnn.com/2016/07/01/technology/tesla-driver-death-autopilot/index.html
[2016-07-02 18:20:40] BTCDJS : meh what you gonna do?
[2016-07-02 18:21:31] rapidtrades : die i guess?
[2016-07-02 18:23:16] writlarge : bitfinex higher than xbtusd? that couldn't last :)
[2016-07-02 18:24:16] writlarge : it seems like every time there's volatility, bitmex gives me the "we had an internal problem" error
[2016-07-02 18:25:02] BTCDJS : writlarge: yeah thats cos their ripping you off
[2016-07-02 18:25:09] writlarge : i bet!
[2016-07-02 18:25:38] BTCDJS : thats what got you into trouble in the first place
[2016-07-02 18:25:48] rapidtrades : i haven't gotten that error in a long time
[2016-07-02 18:25:58] rapidtrades : does it happen on trading or what
[2016-07-02 18:26:08] rapidtrades : cos i don't trade that often
[2016-07-02 18:26:22] writlarge : it happens when i'm just sitting here staring at the trollbox doing nothing
[2016-07-02 18:26:36] rapidtrades : not to me....
[2016-07-02 18:26:54] writlarge : maybe it's a firefox thing
[2016-07-02 18:27:10] rapidtrades : firefox here
[2016-07-02 18:27:21] rapidtrades : maybe it's a stupid thing?
[2016-07-02 18:27:37] writlarge : yes
[2016-07-02 18:28:34] BTCDJS : stupid is as stupid does
[2016-07-02 18:32:04] BTCDJS : refresh guys
[2016-07-02 18:36:47] fineregex : BitMEX_Sam: are there no daily costs for XBTU16?
[2016-07-02 18:39:39] rapidtrades : no
[2016-07-02 18:40:15] fineregex : so settlement fee 0.05% just like the daily futures?
[2016-07-02 18:40:35] fineregex : is all including interest rate for 90day?
[2016-07-02 18:47:18] nip : fineregex: all interest is included in the premium
[2016-07-02 18:47:36] fineregex : nip: how
[2016-07-02 18:47:57] nip : the price for september is higher than the index price
[2016-07-02 18:48:22] nip : it bitcoin gets there by september you break even
[2016-07-02 18:49:48] Tetsuo : Chickun to the moon ! 16$ confirmed!
[2016-07-02 18:51:06] fineregex : nip: yes, but bitmex earns only the 0.05% once?
[2016-07-02 18:54:53] nip : they earn fees every trade and settlement
[2016-07-02 18:55:09] nip : so once if you open the position, once again when you close it or it settles
[2016-07-02 18:58:54] nip : is anyone from BitMEX there?
[2016-07-02 18:59:34] Adura : Where?
[2016-07-02 19:00:22] nip : the fair basis for september looks really far off
[2016-07-02 19:00:32] nip : the mark price
[2016-07-02 19:03:17] Rado : What about it nip?
[2016-07-02 19:03:37] nip : well its marked at 884
[2016-07-02 19:03:43] nip : bid ask is 806/834
[2016-07-02 19:04:05] nip : if you sold you would have a huge unrealized loss
[2016-07-02 19:04:06] QuantFocus : someone just came in a sold a bunch
[2016-07-02 19:04:11] fineregex : me
[2016-07-02 19:04:17] nip : oh maybe its a new thing
[2016-07-02 19:04:20] Rado : Yes
[2016-07-02 19:04:40] Rune : QuantFocus: someone expects a dump
[2016-07-02 19:04:41] Rado : it will go back up
[2016-07-02 19:04:56] QuantFocus : Rune: yea, or taking some risk off
[2016-07-02 19:05:06] nip : no i mean that explains why its out of range
[2016-07-02 19:05:08] fineregex : well what i did is buy the same thing cheaper at ok coin
[2016-07-02 19:05:10] nip : they havent adjusted it yet
[2016-07-02 19:05:11] QuantFocus : in either case, bid/ask is low because someone sold a significant amount on a thin market
[2016-07-02 19:05:12] Rado : or maybe Sep is starting to lose some of the premium
[2016-07-02 19:05:15] fineregex : i hope that makes sense
[2016-07-02 19:05:28] fineregex : because now it sais unrealised PNL -5 bitcoins
[2016-07-02 19:05:30] fineregex : ?!
[2016-07-02 19:05:34] Rune : 7000 contracts of short
[2016-07-02 19:05:37] nip : fineregex thats why we need admin
[2016-07-02 19:05:38] Rune : wow
[2016-07-02 19:05:45] nip : we're both short and their mark price is showing too high a loss
[2016-07-02 19:06:02] nip : the contract is not trading at 884
[2016-07-02 19:06:09] fineregex : i gave you the idea?:D
[2016-07-02 19:06:15] Rado : mark price calculates different
[2016-07-02 19:06:22] QuantFocus : nip: you guys sold below mark and want an admin to change the price so it doesn't reflect a loss? lol
[2016-07-02 19:06:34] nip : well mark is higher than it should be
[2016-07-02 19:06:38] nip : why should mark be 884?
[2016-07-02 19:06:45] QuantFocus : the mark is based on a constant formula
[2016-07-02 19:07:00] Mr Blue : The sept contact is crap because no spot price on futures, liquidation works on market price, meaning I could prob short it now and wipe few people out
[2016-07-02 19:07:02] Rado : For Sep my stop uses mark. On swap I don't use mark
[2016-07-02 19:07:04] QuantFocus : market can trade around that however it would like to
[2016-07-02 19:07:30] Rune : Mr Blue: it would work better if the market was more used
[2016-07-02 19:08:06] nip : i found the formula its using 110% as its annual interest rate now
[2016-07-02 19:08:18] nip : for a premium of 188.15
[2016-07-02 19:08:47] Mr Blue : Rune: maybe sir, but not one I personally play with
[2016-07-02 19:08:51] nip : i talked to wally about this the other day i think they change the rate that goes in the formula to reflect the market
[2016-07-02 19:10:23] QuantFocus : i just think it's funny that you want an admin to adjust the price to benefit your position
[2016-07-02 19:10:38] Mr Blue : Lol
[2016-07-02 19:10:47] QuantFocus : maybe they can increase the mark on xbt/usd for me too
[2016-07-02 19:10:52] fineregex : 110% interest rate ?!
[2016-07-02 19:11:20] nip : fineregex: does 884 seem like a reasonable price to you?
[2016-07-02 19:11:44] nip : its as reasonable as 110% interest. maybe too low maybe too high we dont know where btc will be in september
[2016-07-02 19:11:53] QuantFocus : yea, ask the guy that just shorted 7000 contracts or something. i'm sure he'll give you an objective opionion
[2016-07-02 19:12:15] fineregex : i shorted it because nip said the only fee is settlement
[2016-07-02 19:12:19] Rune : price is dropping on btc maybe that guy had a reason to short so much sep contracts
[2016-07-02 19:12:23] fineregex : and i bought at okcoin at the same time
[2016-07-02 19:12:57] fineregex : *ok-coin
[2016-07-02 19:12:59] nip : fineregex: i did say that and its true that you can hold until settlement and pay no fee
[2016-07-02 19:13:18] nip : but dont trade off what i say im trying to figure all this out too
[2016-07-02 19:13:25] nip : they have some unique contracts here
[2016-07-02 19:13:34] rapidtrades : the sept is a quanto
[2016-07-02 19:13:49] nip : QuantFocus: i already disclosed that im short sept as well as the 7000 contract guy
[2016-07-02 19:14:06] nip : short sept here, long at woodchipper
[2016-07-02 19:14:09] QuantFocus : that's my point. you both are biased in wanting a lower mark price
[2016-07-02 19:15:00] nip : QuantFocus: when the mark price gets updated it will probably go down. i just want that to happen sooner than later :)
[2016-07-02 19:15:03] Rune : someone sell me sep contracts
[2016-07-02 19:15:10] Rune : guy who shorts so much
[2016-07-02 19:15:17] nip : so my UPL isnt so bad...
[2016-07-02 19:16:14] QuantFocus : nip: speculative at best. the premium decays through time, which will lead to a natural decrease in price towards spot, but also largely depends on what happens to spot price, i.e. xbt
[2016-07-02 19:16:21] rapidtrades : guys who are shorting sept...have u used the calc
[2016-07-02 19:16:47] nip : no. what calc?
[2016-07-02 19:17:08] rapidtrades : next to order
[2016-07-02 19:17:18] nip : rapidtrades: found it. not sure what your point is
[2016-07-02 19:17:25] rapidtrades : use it
[2016-07-02 19:17:50] nip : yeah if it settles in sept at my entry price my pnl is 0 as i expected...
[2016-07-02 19:18:08] nip : if it decays to spot i have a large profit
[2016-07-02 19:18:22] nip : and of course a loss if it goes into the 900s or higher
[2016-07-02 19:18:30] nip : but im long at the woodchipper
[2016-07-02 19:19:04] rapidtrades : do u know how a quanto moves
[2016-07-02 19:19:05] Mr Blue : nip: if you don't like it don't buy it lol, it's for people that think will be $1000 in sept I guess.
[2016-07-02 19:19:23] nip : Mr Blue: yeah...
[2016-07-02 19:20:58] Mr Blue : nip: for me it's too risky as liquidation is based on market price, I rather it be spot price so I know no funny business can happen
[2016-07-02 19:22:29] fineregex : i understand fairbases is just adjustment of markprice
[2016-07-02 19:22:45] fineregex : (but not interest rate, which would be scam)
[2016-07-02 19:23:19] fineregex : * fair basis
[2016-07-02 19:23:20] nip : i was talking about the fair basis on this page https://www.bitmex.com/app/contract/XBTU16
[2016-07-02 19:23:24] fineregex : YES
[2016-07-02 19:23:33] Mr Blue : Perpetual swap and yen are my favourite markets
[2016-07-02 19:23:40] fineregex : sorry, typing errors
[2016-07-02 19:23:54] nip : Mr Blue: why do you like yen? because of the brexit currency action?
[2016-07-02 19:26:21] Mr Blue : nip: nope just because I like to long in order to short the Japanese, as if yen will go up against the Bitcoin lol, if anything yen prob crashes shower than USD, but it still moves with Bitcoin and less fees than XBT perpetual swaps.
[2016-07-02 19:26:51] nip : but you have to reopen your position every day
[2016-07-02 19:27:04] nip : it settles to nothing at noon every day
[2016-07-02 19:27:11] nip : 12:00 UTC
[2016-07-02 19:27:14] fineregex : Mr Blue: but settling daily is annoying interruption?
[2016-07-02 19:28:07] Mr Blue : nip: I day trade anyways, and still better than every 8h if trying to avoid perpetual swap funding fees
[2016-07-02 19:28:34] rapidtrades : Mr Blue: are u making monies
[2016-07-02 19:29:05] Mr Blue : fineregex: I only play the two markets, as I said sept contact isn't for me
[2016-07-02 19:29:06] nip : yeah the funding can be painful
[2016-07-02 19:29:20] nip : plus the price jumps around so much right before and right after funding
[2016-07-02 19:29:22] Mr Blue : rapidtrades: sometimes ?
[2016-07-02 19:29:49] rapidtrades : i'll take that as a no
[2016-07-02 19:31:55] Mr Blue : rapidtrades: I wouldn't be trading if I wasn't making money lol, I made a big loss last night, so not going to pretend I'm a master, what exactly was you expecting from your question, my average daily profit can be around 0.5 btc if I don't fuck up, but I'm a small fish.
[2016-07-02 19:32:30] nip : averate daily profit of 0.5 btc...
[2016-07-02 19:32:58] nip : i would gently caress a woodchipper for that...
[2016-07-02 19:33:18] Rune : 11 contracts 11 contracts 11 contracts 11 contracts .......................
[2016-07-02 19:33:23] Rune : bots
[2016-07-02 19:33:49] nip : do it a thousand times and you will clear an order...
[2016-07-02 19:34:01] nip : but it sure does make the recent trades view useless
[2016-07-02 19:34:11] Mr Blue : nip: lmao so would I right now tbh been a bad few days, but the big profit days more than make up for it lol
[2016-07-02 19:34:26] BTCDJS : Rune: whats the matter mate. you got a fob for the number 11?
[2016-07-02 19:34:34] BTCDJS : fobia
[2016-07-02 19:34:51] Rune : I have a fobia for 100 11 contract deals flooding the recent tab
[2016-07-02 19:35:08] nip : yep recent tab is useless now
[2016-07-02 19:35:44] BTCDJS : Rune: invite more people to trade here. the human to bot ratio is ridiculous
[2016-07-02 19:35:53] BTCDJS : pun intended
[2016-07-02 19:38:10] Rune : 700is a lot of resistence
[2016-07-02 19:38:26] Rune : we could be stuck
[2016-07-02 19:40:34] ayy_lmao : some fucking bs resistance
[2016-07-02 19:40:35] Mr Blue : Rune: Okcoin has a 750 BTC buy wall at 676 if it decided to move up, could hit $750 on that exchange easy.
[2016-07-02 19:41:04] BTCDJS : if you check 1w chart we are due a move down anyway
[2016-07-02 19:48:33] Mr Blue : Stick your 1w chart up your ass lol I need 750
[2016-07-02 19:49:45] Rune : starting to think it could be a good idea to move a bit into fiat
[2016-07-02 19:49:53] Rune : I don't like this charts look
[2016-07-02 19:50:03] Rune : but I also dont want to short here
[2016-07-02 19:59:37] ayy_lmao : yah its wierd
[2016-07-02 20:04:02] IChTj4OeMavRq6qeIyEb : A bit of UI tweaks, nice
[2016-07-02 20:04:53] Tetsuo : BTC down, ETH down, LTC upupup--->soon
[2016-07-02 20:04:54] IChTj4OeMavRq6qeIyEb : New guide too https://www.bitmex.com/app/seriesGuide/XBT
[2016-07-02 20:15:11] BitMEX_Sam : Mr Blue: The mark pricing method on September is specifically designed to prevent exactly what you mentioned, where you could cause liquidations by buying/selling up the market
[2016-07-02 20:15:25] BitMEX_Sam : See https://www.bitmex.com/app/fairPriceMarking
[2016-07-02 20:17:05] Mr Blue : BitMEX_Sam: okay thanks for the info Sam, it's just not a market I play on, I'm sure you guys make it as fair as possible
[2016-07-02 20:18:55] sq : BitMEX_Sam: excellent upgrade of order features!
[2016-07-02 20:19:07] BitMEX_Sam : sq: :+1: Glad you like it
[2016-07-02 20:19:13] sq : cheers
[2016-07-02 20:21:51] ayy_lmao : finex has to break 700 to seal the fecking deal
[2016-07-02 20:27:29] Rado : Sept bid and ask back to more normal levels compared to mark price
[2016-07-02 20:29:22] fineregex : BitMEX_Sam: hi
[2016-07-02 20:32:26] fineregex : BitMEX_Sam: there?
[2016-07-02 21:29:40] fineregex : BitMEX_Sam: so when/how often will you update the fair basis?
[2016-07-02 21:35:17] nip : midpoint still $25 off
[2016-07-02 21:36:37] micmix : 11 contract bot is there to reduce the spread, other bots move their quotes to catch it. we have much tighter spreads now than yesterday
[2016-07-02 21:37:13] fineregex : you made your 333% from market making bot only? @micmix
[2016-07-02 21:38:12] fineregex : BitMEX_Sam: not updating it is unfair either, to me and who else is shorting it rightously. All i wanted was to make the price more fair. It should be around $730 , just like: okcoin.com/future/future.do
[2016-07-02 21:38:28] micmix : this is a dev/test account, I use it to test stuff
[2016-07-02 21:43:28] writlarge : knock, knock, knocking on seven's door
[2016-07-02 21:44:02] ayy_lmao : show china whose daddy finex
[2016-07-02 21:44:32] REKT : Liquidated short on `XBTUSD`: Buy 493 @ 699.67
[2016-07-02 21:45:10] micmix : nip: don't worry, Wally will adjust the fair basis on sept when he wakes up. he has to check and adjust it in steps to avoid causing liquidations
[2016-07-02 21:47:12] Rune : finex trying so hard to break 700
[2016-07-02 21:47:34] ayy_lmao : its sad
[2016-07-02 21:47:45] ayy_lmao : everyone in denial
[2016-07-02 21:48:04] justinlooking : <1k blocks to go
[2016-07-02 21:53:57] ayy_lmao : told yall china is a bunch of pussy ass bitches
[2016-07-02 21:54:01] ayy_lmao : finex had to show them
[2016-07-02 21:55:09] justinlooking : about fk'in time
[2016-07-02 21:55:17] REKT : Liquidated short on `XBTUSD`: Buy 50 @ 703.52
[2016-07-02 21:56:50] ayy_lmao : this shit is still so slow
[2016-07-02 21:56:55] ayy_lmao : i want some god damn mega rekt
[2016-07-02 21:57:25] ayy_lmao : none of this fake out break out bs
[2016-07-02 21:59:57] ayy_lmao : how sad would this be if we just didnt go any further, fucking bears need to get liquidated
[2016-07-02 22:00:57] Mr Blue : Bring on 750 I say lol
[2016-07-02 22:01:05] d_ : +1 for mega rekt
[2016-07-02 22:01:13] ayy_lmao : all i want is 720
[2016-07-02 22:01:17] ayy_lmao : and its been a slow brutal grind
[2016-07-02 22:02:49] Mr Blue : ayy_lmao: same here very slow pump today, and just waiting to gain back yesterday's losses lol, luckily looks like it's going to happen.
[2016-07-02 22:03:01] ayy_lmao : i got chopped up yesterday
[2016-07-02 22:03:15] ayy_lmao : but i was on the right side of the trade the whole time lmao
[2016-07-02 22:03:40] Mr Blue : Cool
[2016-07-02 22:03:42] REKT : Liquidated short on `XBTUSD`: Buy 240 @ 704.92
[2016-07-02 22:04:07] micmix : finex has 50%-70% lower volume than the rally to $790, it's not going to be fast
[2016-07-02 22:05:27] micmix : it may be just manipulation to push the price up while everyone is on holiday
[2016-07-02 22:14:02] ayy_lmao : omg
[2016-07-02 22:14:15] ayy_lmao : what the fuck
[2016-07-02 22:14:16] REKT : Liquidated long on `XBJ24H`: Sell 620 @ 71580.0
[2016-07-02 22:14:24] rapidtrades : hwy
[2016-07-02 22:14:27] rapidtrades : hey
[2016-07-02 22:17:35] rapidtrades : http://www.bbc.co.uk/news/uk-36692990
[2016-07-02 22:17:51] rapidtrades : Demonstrators at the "March for Europe" rally, organised on social media, held placards saying "Bremain" and "We Love EU".
[2016-07-02 22:18:33] rapidtrades : LOL....cmon even the europhiles don't love europe..what a bunch of whiny chidren the left is
[2016-07-02 22:21:55] rapidtrades : metatrader spoiled me man....i now rage whenever i have to use a web based chart
[2016-07-02 22:22:02] justinlooking : haha
[2016-07-02 22:22:30] justinlooking : recent evidence shows that 48.2% of us are faggots
[2016-07-02 22:23:30] ayy_lmao : lol
[2016-07-02 22:30:06] wurstgelee : lol
[2016-07-02 22:32:14] rapidtrades : lol
[2016-07-02 22:35:04] BTCDJS : lol
[2016-07-02 22:35:10] BTCDJS : faggots
[2016-07-02 22:35:54] BTCDJS : im in the 51.8% cos I'm not gay
[2016-07-02 22:35:57] BTCDJS : honest
[2016-07-02 23:23:26] Rado : I think denying it puts you in the 48.2%
[2016-07-02 23:23:32] Rado : he he
[2016-07-02 23:24:20] BTCDJS : Rado: im not gay honest
[2016-07-02 23:24:31] Rado : Yeah yeah
[2016-07-02 23:24:41] Rado : we believe you
[2016-07-02 23:25:32] BTCDJS : Rado: if you went to a party and got blind drunk. wake up with a condom stuck in your arse, would you tell anybody? your friends?
[2016-07-02 23:29:33] ayy_lmao : smh
[2016-07-02 23:30:34] ayy_lmao : i think everyone on finex is broke
[2016-07-02 23:30:36] ayy_lmao : lol
[2016-07-02 23:36:26] ayy_lmao : prob all got margin called on the pump to 780 and dump to 550
[2016-07-02 23:48:14] atodorov07 : buy
[2016-07-03 00:00:18] REKT : Liquidated short on `XBTUSD`: Buy 1580 @ 705.31
[2016-07-03 00:00:22] REKT : Liquidated short on `XBTUSD`: Buy 60 @ 705.76
[2016-07-03 00:00:37] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 706.34
[2016-07-03 00:01:35] wurstgelee : whoever shorts now deserves to get rekt
[2016-07-03 00:01:54] wurstgelee : *whoever shorted in the 690s
[2016-07-03 00:01:56] d_ : last rekt should have been a bega rekt.
[2016-07-03 00:02:03] d_ : mega*
[2016-07-03 00:02:50] Tedy. : oh really, I was canceling my order and I got site error and got filled -.-
[2016-07-03 00:49:42] BitMEX_Greg : fineregex: Stepped off earlier and missed your question about the leaderboard entries. I am unsure who they are and their risk limits.
[2016-07-03 00:50:48] fineregex : BitMEX_Greg: good day:)
[2016-07-03 00:52:17] BitMEX_Greg : Yeah above 700 again, this is great
[2016-07-03 01:24:48] nip : BitMEX_Greg: when do you typically unlock half of withheld profit?
[2016-07-03 01:30:46] BitMEX_Greg : nip: I am unsure when half of withheld profit is unlocked. I will find out from Wally or Sam for you
[2016-07-03 02:28:39] BitMEX_Greg : nip: hey nip, take a look at https://www.bitmex.com/app/dynamicProfitEqualisation under `Contract Settlement & Rebalance`. In the past we have typically unlocked it around 20:00 UTC and 04:00 UTC but keep in mind it could be at different times also.
[2016-07-03 02:34:27] REKT : Liquidated long on `XBTUSD`: Sell 5 @ 693.93
[2016-07-03 02:34:27] REKT : Liquidated long on `XBTUSD`: Sell 140 @ 694.00
[2016-07-03 02:34:37] REKT : Liquidated long on `XBTUSD`: Sell 993 @ 693.21
[2016-07-03 02:34:44] sq : rekkttt
[2016-07-03 02:38:07] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 691.30
[2016-07-03 02:38:17] REKT : Liquidated long on `XBTUSD`: Sell 2320 @ 689.62
[2016-07-03 02:38:17] REKT : Next stop - goblin town!
[2016-07-03 02:38:17] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 690.27
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 700 @ 688.60
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 17000 @ 686.38
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 27 @ 688.11
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 7500 @ 686.67
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 200 @ 687.87
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 182 @ 688.71
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 2493 @ 686.42
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 1200 @ 685.65
[2016-07-03 02:38:32] REKT : Liquidated long on `XBTUSD`: Sell 20000 @ 686.15 **MEGA-REKT** :boom:
[2016-07-03 02:39:17] REKT : Liquidated long on `XBTUSD`: Sell 10 @ 684.91
[2016-07-03 02:41:36] REKT : Liquidated short on `ETHXBT`: Buy 2 @ 0.01746 :punch: :whale:
[2016-07-03 02:48:42] nip : BitMEX_Greg: thanks for the answer
[2016-07-03 02:55:23] rapidtrades : well good f morning to u fellas
[2016-07-03 02:55:58] laisee : rapidtrades: good day. starting with a large d...
[2016-07-03 02:57:29] rapidtrades : DUMP
[2016-07-03 02:59:30] laisee : 7 used to be 11
[2016-07-03 02:59:42] laisee : times are tough ....
[2016-07-03 03:02:33] rapidtrades : indeed
[2016-07-03 03:03:00] rapidtrades : why are we dumping tho....okc 693 china 703
[2016-07-03 03:03:46] rapidtrades : ok china 696 once u factor in real exchange rate
[2016-07-03 03:07:53] rapidtrades : china still holding...what's up
[2016-07-03 03:08:26] billz : we seem to always dump down 10-30 dollars after hitting daily highs, been happening for the past week
[2016-07-03 03:08:48] billz : do stop limits here go by market price or orderbook?
[2016-07-03 03:09:54] rapidtrades : billz: u have a checkbox for mark
[2016-07-03 03:10:44] billz : oh nice. thx
[2016-07-03 03:10:50] rapidtrades : so i assume unchecked would be at index price idk
[2016-07-03 03:11:10] rapidtrades : i think nothing is done at orderbook price anymore
[2016-07-03 03:12:11] rapidtrades : well the limits obv are but all the stops are index or mark? maybe/
[2016-07-03 03:12:49] haiyori : btc weekly future are not more?
[2016-07-03 03:12:52] rapidtrades : china not buying this dump yet
[2016-07-03 03:12:57] rapidtrades : haiyori: GONE
[2016-07-03 03:16:06] haiyori : and monthly are..?
[2016-07-03 03:19:14] laisee : extinct. no more. pushing up daisies. bereft of life.
[2016-07-03 03:20:00] Adura : Which is pretty annoying, limits means of hedging.
[2016-07-03 03:26:37] fineregex : any one here long on september 30?
[2016-07-03 03:41:34] Rado : Yes
[2016-07-03 03:56:04] fineregex : Rado: why dont you sell it and buy the same thing at ok-coin for $725 ?
[2016-07-03 04:04:32] jung1 : morning
[2016-07-03 04:14:13] Yumi : fineregex: because it isnt "same thing"
[2016-07-03 04:15:23] fineregex : Yumi: both expire september 30
[2016-07-03 04:17:13] Yumi : https://blog.bitmex.com/xbt-vs-xbu-chain/
[2016-07-03 05:07:20] jung1 : how will bitmex celebrate bitcoin halving?
[2016-07-03 05:10:15] rapidtrades : 9th of july....the crash is coming
[2016-07-03 05:12:14] jung1 : yeah
[2016-07-03 05:12:27] jung1 : where you are going to put buy orders?
[2016-07-03 05:12:33] jung1 : 500?
[2016-07-03 05:12:42] Adura : Why would it crash...? hah
[2016-07-03 05:13:13] jung1 : buy the rumors sell the news
[2016-07-03 05:13:25] jung1 : there will be a lot of hype around
[2016-07-03 05:15:16] rapidtrades : not buying
[2016-07-03 05:15:52] BitMEX_Wally : The premium index on LTCXBT has pushed the funding rate up to 1.25%
[2016-07-03 05:15:59] BitMEX_Wally : I'm surprised more people are not shorting into that
[2016-07-03 05:16:01] rapidtrades : sweet
[2016-07-03 05:18:44] BitMEX_Wally : Go long LTCXBT on Bitfinex/Poloniex, short LTCXBT on BitMEX. Earn 3.75% per day. Easy money.
[2016-07-03 05:19:25] jung1 : is there any bot for that around?
[2016-07-03 05:20:08] nip : i doubt it
[2016-07-03 05:20:28] nip : that sounds advanced for a premade bot
[2016-07-03 05:20:46] nip : i bet you could do it with the apis
[2016-07-03 05:23:03] jung1 : would be interesting to develop such thing
[2016-07-03 05:23:49] nip : its probably a lot harder than it sounds with all the fees and spreads and not getting one side liquidated
[2016-07-03 05:25:38] jung1 : you run any bots @nip ?
[2016-07-03 05:25:58] nip : jung1: not yet but i might make one
[2016-07-03 05:26:14] BitMEX_Wally : Even with 1x leverage this trade would be profitable
[2016-07-03 05:26:43] jung1 : but on what timeframes you are talking about?
[2016-07-03 05:27:16] nip : BitMEX_Wally: doesnt it require shoring about 1% below fair price and 2% below mark price?
[2016-07-03 05:27:44] nip : which would make you pay funding for the second 8 hour period since funding would then go negative?