BitMEX Trollbox Userinfo

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This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.


Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

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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[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
[2015-08-24 22:14:07] BitMEX_Arthur : another genius substation by Sam
[2015-08-24 22:15:15] BitMEX_Wally : Shame it breaks the URL though
[2015-08-24 22:16:34] cengel : if okcoin is woodchipper than bitmex Double Penetration at Expiration is a metalchipper
[2015-08-24 22:22:54] ksinvest : what? i thought i have been owned, shut down the power
[2015-08-24 22:22:59] ksinvest : what? i thought i have been owned, shut down the power
[2015-08-24 22:24:26] cengel : what
[2015-08-24 22:26:17] krtek.net : Cold coin in new blocks :)
[2015-08-24 22:26:19] krtek.net : this will be epic
[2015-08-24 22:27:36] BitMEX_Sam : ksinvest: You okay there
[2015-08-24 22:31:02] BitMEX_Sam : krtek.net: Please check your referral status
[2015-08-24 22:31:30] BitMEX_Sam : Very sorry for the confusion - there was a bug but thankfully we could reproduce the history from logs. I've credited all missing referrals
[2015-08-24 22:33:13] krtek.net : BitMEX_Sam: Any number bigger than 0 is good for me (that means, I have no way to check if the fix is complete or what ratio was fixed). So thank you, good job again.
[2015-08-24 22:33:43] BitMEX_Sam : Thankfully, the brain damage was only temporary and incomplete :)
[2015-08-24 22:34:25] krtek.net : For other: you probably need to reload the site to see the update numbers.
[2015-08-24 22:34:43] krtek.net : I needed to.
[2015-08-24 22:35:36] krtek.net : Bah. My English is like from the chinese bazaar today, Sorry for that :)
[2015-08-24 22:37:36] ksinvest : BitMEX_Sam: i nearly put my complete hardware in my microwave, thx for the adrenalin rush though :) #woodchipper
[2015-08-24 22:37:56] BitMEX_Sam : ksinvest: From the text substitution?
[2015-08-24 22:40:24] ksinvest : BitMEX_Sam: i thought that there was an exploit on my machine, didn't think that the text substitution was server side...
[2015-08-24 22:40:35] BitMEX_Sam : :) Sorry for the scare
[2015-08-24 22:40:43] BitMEX_Sam : It's the same as the one we use for fuck
[2015-08-24 22:40:51] BitMEX_Sam : If you can figure out what that word originally was...
[2015-08-24 22:43:02] ksinvest : :) i will try
[2015-08-24 23:01:10] SnackyCoins : oh wow, nice open position overlay on the tv chart
[2015-08-24 23:01:13] SnackyCoins : love it
[2015-08-24 23:01:26] SnackyCoins : new animations on the orderbook too
[2015-08-24 23:16:35] gustavo7 : 1k walls at huobi
[2015-08-25 00:07:27] j8 : each contract is worth $-0 of Bitcoin? @BitMEX_Sam
[2015-08-25 00:14:51] BitMEX_Wally : j8: Which contract are you seeing that on?
[2015-08-25 00:20:12] j8 : `XBT` series
[2015-08-25 00:22:38] BitMEX_Wally : For `XBTQ15` I see `Each contract is worth 0.00001 XBT per $1 price.`
[2015-08-25 00:22:40] krtek.net : have that too... probably just a rounding problem in display?
[2015-08-25 00:23:01] krtek.net : -0 USD per contract (Currently 0.0021 XBT per contract)
[2015-08-25 00:23:28] krtek.net : XBT7D is a XBT/USD inverse futures contract settling every Friday on the .XBT2H Index. Each contract is worth $-0 of Bitcoin.
[2015-08-25 00:23:55] BitMEX_Arthur : Thanks guys we are seeing it as well, and will fix it
[2015-08-25 00:24:34] krtek.net : ETH7D is a ETH/XBT inverse futures contract settling every Friday on the .ETHXBT2H Index. Each contract is worth $-1 of Bitcoin.
[2015-08-25 00:24:38] krtek.net : lel :))
[2015-08-25 00:45:47] BitMEX_Sam : Yeah, fixing in a sec
[2015-08-25 00:55:22] j8 : well, it's been fun.
[2015-08-25 00:56:13] SnackyCoins : GG
[2015-08-25 00:56:20] j8 : thanks a lot gavin.
[2015-08-25 01:01:49] krtek.net : Mandatory "bitbulls be like..." https://www.youtube.com/watch?v=31g0YE61PLQ
[2015-08-25 01:04:59] krtek.net : 73 % adjustment on XBTQ15? ilshibamf :D
[2015-08-25 01:05:48] BitMEX_Wally : Massive long position got REKT
[2015-08-25 01:06:00] BitMEX_Wally : You can trade `XBT7D` which is the same
[2015-08-25 01:07:55] krtek.net : I'm not trading anything that wild before being prepared to stay awake for 50 hours straight :) So it's out of the market for me now :)
[2015-08-25 01:08:14] krtek.net : well... except for a tiny short, just for good measure :)
[2015-08-25 01:09:27] d3l33t : so are the open orders changing so rapidly due to bots?
[2015-08-25 01:11:44] krtek.net : Huh, I understand it correctly that liquidation is not issuing a market order but a limit one? That is so cool. (I understand, that this has drawbacks, but I have never seen it implemented on futures anywhere)
[2015-08-25 01:12:04] j8 : okcoin does it too.
[2015-08-25 01:12:19] krtek.net : never heard about that one either :)
[2015-08-25 01:14:23] cryptojoe : hey guys where is the info on which contracts have the highest volume
[2015-08-25 01:15:20] j8 : the table at the bottom on advanced view, if you expand it
[2015-08-25 01:15:29] j8 : short answer is `XBTU15`
[2015-08-25 01:18:01] cryptojoe : thanks
[2015-08-25 01:24:35] cryptojoe : If buy some contracts today and then sell that same amount of contracts an hour later then i've closed my position? Is that right?
[2015-08-25 01:24:48] j8 : yep
[2015-08-25 01:27:29] cryptojoe : coool.
[2015-08-25 01:31:24] BitMEX_Sam : At some point we'll add a `Close Position` button but we're philosophically opposed to market orders
[2015-08-25 01:33:11] cryptojoe : oh god market orders are insane. they kill noobs who don't realize you can limit out of a position
[2015-08-25 01:33:24] ksinvest : this is the time of <code>XBU24H</code> 65.9499 XBT record turnover, crisis save market structure, no DPE, perfekt for short term shorts :)
[2015-08-25 01:34:01] ksinvest : we would only need more liquidity (competition) there...
[2015-08-25 01:35:03] j8 : with the mark price method, market orders are really only dangerous to yourself though, right?
[2015-08-25 01:35:11] ksinvest : *perfect...
[2015-08-25 01:37:56] ksinvest : j8: it's indeed not the best day, but a lot of volume also means you earn the spread very often as mm, in the long run it's mostly random and you earn the spread, i'm still +30%
[2015-08-25 01:38:19] BitMEX_Arthur : Text book market making and mean reversion
[2015-08-25 01:38:21] BitMEX_Sam : Its been a good day for lots of exchanges, big volume
[2015-08-25 01:40:05] j8 : another glitch in the description for `XBT7D`
[2015-08-25 01:40:14] j8 : XBT7D is a XBT/USD quanto futures contract settling 2000-01-08T00:00:00.000Z
[2015-08-25 01:40:20] BitMEX_Sam : Right
[2015-08-25 01:40:22] BitMEX_Sam : thx
[2015-08-25 01:40:32] j8 : np
[2015-08-25 01:40:37] BitMEX_Sam : Did some reworking of how the tables are generated from the data. Missed a few spots. Sorry about that guys
[2015-08-25 01:40:57] ksinvest : if you try to intervene in high volatile situations, you most likely make a psychological biased decision, better let your bot decide and trust in the market structure / margin ...
[2015-08-25 01:41:28] ksinvest : as market maker this means changing your decision in the worst time
[2015-08-25 01:41:40] ksinvest : changing your strategy
[2015-08-25 01:41:47] j8 : yea, gotta trust the algo
[2015-08-25 01:44:07] ksinvest : there is not much algo, it's non-predictive market making = simple math, physics and market structure. it's already worth a lot if you never get mislead by yourself or anyone else ;)
[2015-08-25 01:44:39] j8 : i guess i take a broad definition of algo
[2015-08-25 01:45:04] krtek.net : Yep. the less I touch my mm bots, the better they are.... But I think this would hold even out of the mm area...
[2015-08-25 01:45:29] ksinvest : j8: right, sorry for *klugscheissen* (german)
[2015-08-25 01:46:56] ksinvest : (no right translation for this, don't google)
[2015-08-25 01:47:02] j8 : already did :)
[2015-08-25 01:47:37] ksinvest : it means "smart shitting", being a smart-ass is close
[2015-08-25 01:47:58] j8 : yeah thats what i figured, hah
[2015-08-25 01:48:12] krtek.net : "to run your mouth (off)"
[2015-08-25 01:48:16] BitMEX_Arthur : Fyi no more DPE on `XBTZ15`
[2015-08-25 01:48:43] j8 : interesting. that order looks a bit out of place
[2015-08-25 01:48:51] krtek.net : been smart-ass is pretty close I think...
[2015-08-25 01:48:55] BitMEX_Sam : Yeah looks like someone fat fingered or really wanted out fast
[2015-08-25 01:49:45] krtek.net : chesus...
[2015-08-25 01:49:45] j8 : without hitting anything on the way apparently...
[2015-08-25 01:50:42] ksinvest : BitMEX_Arthur: are there some DPE stats, how it changes over time? it's a great (most transparent) system, but still hard to understand
[2015-08-25 02:04:20] centurygate : It's deflation fellas
[2015-08-25 02:04:34] centurygate : if money is debt than a failure of the bitcoin security model is a default
[2015-08-25 02:04:43] centurygate : probably that belies some of the selling
[2015-08-25 02:04:53] centurygate : there's just a general flight to the dollar everywhere right now
[2015-08-25 02:05:48] j8 : dollar fell today too though.
[2015-08-25 02:06:42] centurygate : nice observation
[2015-08-25 02:06:58] ksinvest : true, but i have the feeling that we will defend the 200 (my bot is long 147.54 liquidation price, 169.20 circuit breaker, i'm optimistic)
[2015-08-25 02:08:05] ksinvest : Kim Dotcom is our Soros ;)
[2015-08-25 02:08:13] centurygate : haha this is why I only arb
[2015-08-25 02:08:26] centurygate : so the dollar fell against the Euro and the Yen
[2015-08-25 02:08:28] centurygate : but
[2015-08-25 02:08:37] centurygate : it was another brutal day for EM currencies against the dollar
[2015-08-25 02:08:55] centurygate : BTC is sort of an EM currency you might say
[2015-08-25 02:09:25] ksinvest : everything is re-balancing, there was also some artificial pressure on Bitcoin
[2015-08-25 02:09:26] j8 : yeah, i could see that.
[2015-08-25 02:09:50] ksinvest : the fork "issue"...
[2015-08-25 02:10:14] centurygate : oh the EUR and JPY rallied because of carry trade unwinds relating to liquidate US stock positions
[2015-08-25 02:10:39] centurygate : I try to only look for systemica mechanical reasons for these things
[2015-08-25 02:10:50] centurygate : fear of a BTC "default" in a sense may be at pla
[2015-08-25 02:10:52] centurygate : y
[2015-08-25 02:10:59] centurygate : but it's momentum
[2015-08-25 02:10:59] GAmma : XBTZ trade ... what happened?
[2015-08-25 02:11:03] centurygate : also nobody has talked about this
[2015-08-25 02:11:19] centurygate : but Chinese capital flight is at play given the spreads
[2015-08-25 02:11:25] j8 : GAmma: we really don't know
[2015-08-25 02:11:35] GAmma : nuts
[2015-08-25 02:12:31] centurygate : well, BTCCNY/BTCUSD reached 6.63 the other day
[2015-08-25 02:12:46] centurygate : so clearly there was overbidding to escape the corral and get into dollars internationally
[2015-08-25 02:12:57] centurygate : concurrent with that monster down-day that blew out the Bitfinex book
[2015-08-25 02:13:30] centurygate : it's hard but not impossible to measure the related volumes, and it's harder to quantify how book mediums are thinner some days and become vulnerable
[2015-08-25 02:13:45] centurygate : you might say, bitcoin is getting an opportunity to do what it's truly useful for
[2015-08-25 02:13:50] centurygate : and that is become a eurodollar substitute
[2015-08-25 02:13:58] centurygate : however in the process it has to find a price low
[2015-08-25 02:14:25] GAmma : I think btc is sellling exclusively on the fork issue ...
[2015-08-25 02:14:29] centurygate : until the basis of BTC stock used to satisfy demand for crypto-dollars reaches some equilibrium over the fear/greed dynamic of hoarders
[2015-08-25 02:14:58] GAmma : otherwise would catch a bid amid US$ asset liquidation
[2015-08-25 02:15:14] centurygate : oh well I'll get back to coding so I can get up early to deliver a workshop, panel moderation and lecture to a bunch of bankers tomorrow
[2015-08-25 02:15:38] centurygate : hmmm, no because the utility comes from buying it, then selling it
[2015-08-25 02:15:46] centurygate : not it's status as the neo-gold per se
[2015-08-25 02:15:50] centurygate : at least not with this momentum
[2015-08-25 02:15:55] centurygate : peace out everyone, stay saf
[2015-08-25 02:16:01] j8 : see ya
[2015-08-25 02:17:19] j8 : GAmma: i think the fork is the big fear issue, but there's more to it than that
[2015-08-25 02:18:10] ksinvest : centurygate: thanks for interesting thoughts...
[2015-08-25 02:20:45] laisee : Fork is highly visible symptom, but cause is lack of real governance & maturity of developers. Which should worry anyone invested in BTC.
[2015-08-25 02:22:52] j8 : no progress toward bigger adoption, really.
[2015-08-25 02:23:52] ksinvest : it doesn't really matter if this fork or another soft-fork later
[2015-08-25 02:24:23] ksinvest : although it's good to have the discussion
[2015-08-25 02:25:06] ksinvest : but there is no big risk the Bitcoin could break because of a 75% fork (or not this one)
[2015-08-25 02:25:26] ksinvest : that*
[2015-08-25 02:26:20] j8 : no, i agree, not really worried about it
[2015-08-25 02:26:34] j8 : the threat is overblown i think.
[2015-08-25 02:27:37] laisee : true on 75% switch , there are signs that payment processors, exchanges etc are already moving to support 8MB via one path or another
[2015-08-25 02:28:45] j8 : however i don't think we'll have a bull trend until people feel like it's resolved, one way or the other
[2015-08-25 02:29:21] ksinvest : switch is highly probable but it is as well ok to make smaller steps a bit later, clear signal for fast adoption would be better for mid-term price
[2015-08-25 02:30:05] ksinvest : j8: agree, uncertainty is the problem (not risk)
[2015-08-25 02:30:35] j8 : yeah.
[2015-08-25 02:32:55] ksinvest : they should teach more uncertainty management, not this shitty risk management - mostly psychology on business schools #klugscheiß
[2015-08-25 02:34:29] ksinvest : this is the time for my monkey robot, buying low when everybody thinks it's insane ;)
[2015-08-25 02:36:30] cryptojoe : ksinvest: oh the getting is good
[2015-08-25 02:36:43] ksinvest : ask at 206.69, a very rare moment when not at the top of the order book, does not want to close/sell too cheap
[2015-08-25 02:38:00] ksinvest : but i can't predict if this moment is now or at 180, but the cheap buy always comes after losses in market making ;)
[2015-08-25 02:38:42] ksinvest : 206.71, can't say why even...
[2015-08-25 02:39:52] ksinvest : 206.77
[2015-08-25 02:39:53] cryptojoe : The sell volume was better when price was lower. psychology is to sell low and buy high. crazy stuff
[2015-08-25 02:41:23] j8 : only half crazy.. buy when it's going up, but you only know it's going up because it's higher than it was
[2015-08-25 02:41:34] ksinvest : fear of losing or missing out, kahnemann just won a nobel price about 10 years ago, that humans and markets are not rational, actually unbelievable that anyone ever thought
[2015-08-25 02:42:22] j8 : yeah, people are anything but rational
[2015-08-25 02:42:45] ksinvest : that's why we need the monkey robots :)
[2015-08-25 02:43:13] j8 : then again, i'm not sure neural networks are rational either.
[2015-08-25 02:43:47] cryptojoe : go monkey
[2015-08-25 02:44:00] ksinvest : Complex adaptive systems, more e.g. on Twitter https://twitter.com/RobotFinance
[2015-08-25 02:44:06] cryptojoe : j8: they just find paths of least resistance
[2015-08-25 02:44:38] cryptojoe : it's just an accident that neural networks are usually most efficient when finding paths of least resistance
[2015-08-25 02:45:51] j8 : yeah, i think the ability to explain why you did what you did is part of being rational
[2015-08-25 02:46:37] cryptojoe : j8: but people are proven to confabulate when they are asked. provably so. they make up shit.
[2015-08-25 02:47:04] j8 : ok, not a good practical test
[2015-08-25 02:47:57] j8 : i mean that something that does the "statistically optimal" thing by design is different from something that draws conclusions and acts
[2015-08-25 02:48:13] cryptojoe : psychologists screen for confounds. people say they picked A rather than B because C, when prompted even though they actually picked B rather than A. they're freaking liars/confabulators about their own actions
[2015-08-25 02:50:01] cryptojoe : Meanwhile the price of bitcoin is going the hell up and i was wanting way more contracts
[2015-08-25 02:50:57] ksinvest : my bot is now at 206.63 at the top of the order book, interesting
[2015-08-25 02:51:26] ksinvest : 207.62, number 4....
[2015-08-25 02:51:55] ksinvest : a bit slow sometimes
[2015-08-25 02:52:00] laisee : people tell lies to themselves all the time on what they do and why.
[2015-08-25 02:52:34] j8 : guilty
[2015-08-25 02:53:06] ksinvest : most of them, most of the time - but most of the lies are irrelevent, just e.g. to not show weakness
[2015-08-25 02:53:28] cryptojoe : Are we gonna get a little dip before btc goes up? call it in the air
[2015-08-25 02:54:29] quantuml : i wanted to see if anyone could clarify some confusion amongst settlement
[2015-08-25 02:54:45] ksinvest : hard to say, better use not too much leverage
[2015-08-25 02:54:57] j8 : quantuml: whats up
[2015-08-25 02:55:33] laisee : “Humankind cannot bear very much reality.” - TS Eliot
[2015-08-25 02:55:57] ksinvest : :)
[2015-08-25 02:56:34] quantuml : ok, I think I might have confused myself, but if, for example, I go long a contract today and the price of XBT in USD is $100, when the contract expires (say in 30 days) the price of XBT is $150, would the exchange pay me $50?
[2015-08-25 02:56:41] ksinvest : or the matrix...
[2015-08-25 02:56:46] cryptojoe : i'm already up .8 bitcoin over the last couple hours. this is way more fun that margin trading eth over a POLO. weeee!
[2015-08-25 02:57:40] j8 : quantuml: on `XBT` series you would have 50% more bitcoin
[2015-08-25 02:57:46] ksinvest : quantuml: also depends on fees for long term contracts
[2015-08-25 02:57:49] j8 : which is actually better than 50 dollars more
[2015-08-25 02:58:13] j8 : on `XBU` series, yes $50
[2015-08-25 02:58:42] quantuml : right, i'm assuming no fees for simplicity.
[2015-08-25 03:00:16] quantuml : ok, so for XBU series, the price of the contract remains at $100, so I would receive 1.5 contracts which would equal 1.5 bitcoins?
[2015-08-25 03:00:54] quantuml : sorry, meant XBT series, XBU series
[2015-08-25 03:01:28] j8 : on XBT the contract value grows in USD terms as the price rises
[2015-08-25 03:02:16] ksinvest : you are correct with 1.5 BTC
[2015-08-25 03:03:28] quantuml : ok, so the notional amount is fixed at $100 per contract and the amount of bitcoins adjusts to reflect the change in the price of bitcoin?
[2015-08-25 03:03:45] j8 : no, $100 notional on `XBU`
[2015-08-25 03:04:07] quantuml : oh ok, i see
[2015-08-25 03:04:35] quantuml : and the XBU series can be used to arbitrage with OKCoin?
[2015-08-25 03:04:40] BitMEX_Sam : Simplest way to put it is that pnl in XBU is linear is dollars and pnl in XBT is linear in Bitcoin
[2015-08-25 03:04:49] BitMEX_Sam : quantuml: Yes
[2015-08-25 03:05:27] j8 : quantuml: just keep in mind the difference in index calculation, other than that they're the same
[2015-08-25 03:05:34] BitMEX_Sam : XBU is good for arb and for hedging Bitcoin exposure. It pairs well with other (non-futures) arb strategies very well too as it has no DPE/socialized loss
[2015-08-25 03:06:21] ksinvest : depending on the price might also be good for low levergered long positions
[2015-08-25 03:06:40] quantuml : ok, i was looking over the example of future vs future arbitrage example with OKCoin and I am confused as to what happens at settlement
[2015-08-25 03:08:02] j8 : the settlement timing is a little different, so you'd be unhedged for about 4 hours
[2015-08-25 03:08:05] bosma : anyone else on TV randomly having invalid symbol on BITMEX pairs?
[2015-08-25 03:08:13] bosma : working earlier, invalid symbol now
[2015-08-25 03:08:36] j8 : and okcoin uses a mix of USD and CNY markets to calculate the settlement price
[2015-08-25 03:08:37] ksinvest : this f*cking Woodchipper, be careful ;)