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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[2015-08-25 23:57:09] ksinvest : Disclaimer: Don't build your strategy based on order book data of XBU24H within the next 120min. Our 10 bot is moving 1000 bot with 1 dollar orders a bit for research purposes.
[2015-08-25 23:58:32] ksinvest : top of the order book should be fine for trades....
[2015-08-26 00:07:42] GAmma : I appreciate how they've set the 'mark price' - bitmex team is clearly professional
[2015-08-26 00:08:14] GAmma : they've been serving institutional investors on a Citi derivatives desk, if I'm not mistaken
[2015-08-26 00:09:19] GAmma : yes there is some manual intervention, but the benefit more than warrants it
[2015-08-26 00:09:54] GAmma : otherwise this place might otherwise resemble any other bucket shop ... obviously
[2015-08-26 00:11:06] lockhedge : at this stage there seems to be no alternative to manual intervention, has to be transparent though - BitMEX is the most transparent (and professional) platform right now.
[2015-08-26 00:17:01] lockhedge : hey 1000 mm bot, you just climbed from 180.01 to 210.01, i think i leave like that now at the bottom of the book #xbu24h
[2015-08-26 00:19:49] ksinvest : our small market intervention on XBU24H is complete, please still don't trust order book data or VWAP
[2015-08-26 00:20:21] ksinvest : (on any markets)
[2015-08-26 01:33:01] cryptokeeper : woooooooo
[2015-08-26 01:41:04] VanCleef : hey guys
[2015-08-26 01:41:14] VanCleef : how can we make bitmex more liquid?
[2015-08-26 01:41:27] VanCleef : i really want to to use it but its just the liquidity and spread that's stopping me
[2015-08-26 01:41:32] VanCleef : i want to really stop using finex
[2015-08-26 01:53:22] ksinvest : start market making
[2015-08-26 01:54:11] ksinvest : if spreads are too low, go to the top of the order book
[2015-08-26 01:54:29] ksinvest : *if spreads are too wide
[2015-08-26 01:56:20] ksinvest : if i wouldn't always be bought out on one side, XBU24H spreads would be the same as always...
[2015-08-26 01:56:20] lolcookie : yeah you just put an order in and it is usually filled
[2015-08-26 01:59:12] zanza : finex has low spreads
[2015-08-26 02:04:06] cengel : lolcookie: the problem is getting out of position
[2015-08-26 02:04:23] lolcookie : yeah it sucks sometimes
[2015-08-26 02:04:43] cengel : nothing like taking on a few thousand contracts at a good price and then it doesnt move with spot and no liquidity to exit
[2015-08-26 02:04:55] lolcookie : Ive lost money because the spread has been insane and by the time the price settles it is way off when i wanted to sell
[2015-08-26 02:05:30] lolcookie : look at Z15
[2015-08-26 02:05:52] cengel : look at any of the
[2015-08-26 02:05:55] lolcookie : spot is 248, 5k contract@ 2476
[2015-08-26 02:06:04] lolcookie : 247*
[2015-08-26 02:06:53] cengel : ive done my part and tried to provide liquidity. get burned too much
[2015-08-26 02:08:17] cryptokeeper : what u mean
[2015-08-26 02:10:21] j8 : i've also gotten burned trying to trade shorter time frames here. need more competing mm's
[2015-08-26 02:10:26] lolcookie : yeah don't try to provide liquidity just for the sake of it
[2015-08-26 02:11:00] lolcookie : theres no fees you can do well you just have to watch the books a lot
[2015-08-26 02:11:12] cengel : well i have made some money on price dislocations so i dont mind doing a little bit of quoting on both sides
[2015-08-26 02:11:32] cengel : if everyone just sits around looking for those inds of opportunities then liquidity never takes off
[2015-08-26 02:14:46] cryptokeeper : you in speculation or hedging>?
[2015-08-26 02:14:51] cryptokeeper : or volitality
[2015-08-26 02:15:06] cengel : all of the above ive done
[2015-08-26 02:16:57] cryptokeeper : and your experience>?
[2015-08-26 02:23:17] jmahh : guise how is the liquidity for XLT
[2015-08-26 02:24:54] centurygate : only way to fix it is for decent-sized balance sheets to start arb'ing between exchanges, re-marketing
[2015-08-26 02:44:33] j8 : there's lots to be made doing it.
[2015-08-26 02:46:27] cryptokeeper : MIGHT TRY SOME xbt 7 DAY
[2015-08-26 02:52:11] j8 : there's a bot on `XBTU15` that always goes behind me. interesting strategy
[2015-08-26 02:56:19] lolcookie : yeah
[2015-08-26 03:45:15] joequant : I try to do market making on bitmex. The big problem right now is that because the spot price is so volatile, I can't get a good fix on the futures price.
[2015-08-26 03:46:06] joequant : The spreads on bitmex are usually pretty low when the spot price of XBT is stable. At that point things will settle down to a price.
[2015-08-26 04:00:42] ksinvest : do you take the best bid/ask, a VWAP, the mid price or the last from Bitstamp?
[2015-08-26 04:01:07] ksinvest : i recommend best bid/ask
[2015-08-26 04:01:51] ksinvest : and then an extra spread on both sides according to your risk level
[2015-08-26 04:01:51] BitMEX_Arthur : We take the last trade
[2015-08-26 04:02:54] ksinvest : last is maybe even better for very low risk level, because it's a real (executed) price
[2015-08-26 04:04:30] ksinvest : but last does not represent implied vol, so you would need to get it from somewhere else
[2015-08-26 04:06:45] cryptokeeper : BitMEX_Arthur; you will be happy to know I am leaving Bitfinex and coming here... going to try it out really sharp looking UI
[2015-08-26 04:07:02] ksinvest : from a math point, vol does not matter for pricing in market making per se, core problem is the risk of latency arbitrage in volatile situations
[2015-08-26 04:07:15] GAmma : hi crypto ...
[2015-08-26 04:07:32] GAmma : I left 796 Exchange to come here ...
[2015-08-26 04:07:43] GAmma : more or less ...
[2015-08-26 04:08:31] GAmma : if you are trading btc this is a much better option vs. BFX I think ...
[2015-08-26 04:08:44] cryptokeeper : GAmma: nice
[2015-08-26 04:09:20] GAmma : just hope they keep the zero fees into Sept ...lol
[2015-08-26 04:09:23] cryptokeeper : today was the icing on the cake.... more problems... downtime....ghost orders
[2015-08-26 04:09:29] GAmma : but we know that cannot last forever ...
[2015-08-26 04:09:47] GAmma : I have a stale acct there ...
[2015-08-26 04:09:50] cryptokeeper : GAmma: Isnt bitMEX only for august no fees?
[2015-08-26 04:10:27] GAmma : yeah, but given low volumes I'm guessing they are likely to extend that until liquidity picks up
[2015-08-26 04:11:04] GAmma : they have plans for a Chinese UI later this year ... to compete for PRC clients head-to-head w/ 796 and OKCoin
[2015-08-26 04:11:49] GAmma : I'm guessing (hoping) they extend zero fee policy until that launch helps pick up volumes
[2015-08-26 04:12:54] cryptokeeper : GAmma: ahh... who knows... how long have they been live for anyway? a while now right
[2015-08-26 04:12:57] GAmma : seems like a logical decision ... 796 Exchange is zero fee, so in order to take share Bitmex may want to stay at zero-fee for a bit
[2015-08-26 04:13:07] ksinvest : GAmma: +1 in the long run exchanges wouldn't make money with fees anyway and if you don't subsidize liquidity you don't need fees
[2015-08-26 04:13:07] cryptokeeper : i must of signed up on here over half a year ago.,.... easily
[2015-08-26 04:13:12] GAmma : live for several months I think
[2015-08-26 04:15:06] GAmma : this is a great platform and it is run very well ... I would accept some trading fee ...but I think it would come at a cost to their market share
[2015-08-26 04:15:43] GAmma : ks - then how do they make money?
[2015-08-26 04:16:23] cryptokeeper : Right. well make money from the long/shorts
[2015-08-26 04:16:25] cryptokeeper : give/take
[2015-08-26 04:16:31] j8 : i imagine they'll rework the fee schedule... the old fees were not competitive at all (mainly, 0.1% taker on `XBT` series)
[2015-08-26 04:17:30] cryptokeeper : VanCleef
[2015-08-26 04:17:37] GAmma : My sense is that Bitmex guys are pretty smart, and they are playing for the longer term
[2015-08-26 04:17:39] cryptokeeper : ! lol
[2015-08-26 04:17:49] ksinvest : GAmma: there would be several ways, co-located hosted market making (no free at AWS) for a small fee, a BitMEX Pro account with advanced charting for technical analysts, a small fee per year for a Pro Chatroom when this one gets too crowed
[2015-08-26 04:17:56] GAmma : so I think share/liquidity considerations will trump fees right now
[2015-08-26 04:18:04] ksinvest : *now free at AWS
[2015-08-26 04:18:50] GAmma : ks .. ah, ok ... you are right ...
[2015-08-26 04:19:36] GAmma : we'll see ....
[2015-08-26 04:20:39] ksinvest : XBU may still need an insurance fee because there is some clearing risk on BitMEX
[2015-08-26 04:22:18] GAmma : I just saw they've added XBU spreads
[2015-08-26 04:22:47] GAmma : ambitious here ...
[2015-08-26 04:23:21] ksinvest : i guess it's a bit trial and error and learning for all of us here. exciting time
[2015-08-26 04:40:13] ksinvest : think of google started with a fee based model for gmail - now they make enough money with business accounts now to be able to still serve us for free
[2015-08-26 04:41:21] ksinvest : very probably BitMEX has strategic investors rather than some focused on short term profit ;)
[2015-08-26 04:41:53] j8 : they make money reading our e-mails to deliver ads, exchanges can make money running our stops :)
[2015-08-26 04:42:16] ksinvest : i hope they find other ways :)
[2015-08-26 04:42:45] GAmma : trading ETH has been gravy for me last two weeks ...
[2015-08-26 04:43:14] GAmma : never even would have considered it if Bitmex hadn't launched the contract
[2015-08-26 04:46:51] j8 : is `ETH` ready to bite the dust, or bouncing in the 0.004's you think?
[2015-08-26 04:53:06] GAmma : I'm taking profits between .0043-.0051
[2015-08-26 04:54:18] GAmma : I just don't think it is worth anything ... zero ... so hoping is sells off sooner rather than later
[2015-08-26 04:54:40] GAmma : Ethereum may have utility, but Ethers are not a store of value
[2015-08-26 04:55:18] j8 : yeah that's been my take also. they should be worth something, but they're not scarce
[2015-08-26 04:56:30] GAmma : Augur Reps are pretty interesting I think ...as they will have an income stream attached
[2015-08-26 04:56:45] GAmma : more like owning an equity shareholding
[2015-08-26 04:59:46] GAmma : last several days ETH/BTC has been trading exclusively on BTC fluctuations it seems ...
[2015-08-26 05:00:29] GAmma : that aside, I think the 'shock risk' for ETH weighs heavily to the downside
[2015-08-26 05:03:46] j8 : yeah, there's a small amount of effort required to make revenue right? not totally passive. like sitting on the board maybe.
[2015-08-26 05:04:59] j8 : i've already been liquidated a couple times shorting `ETH`, maybe its getting safer as the hype dies a bit
[2015-08-26 05:06:55] lolcookie : shock risk?
[2015-08-26 05:08:13] GAmma : lolcookie - I mean news or technical event type of risk
[2015-08-26 05:08:32] GAmma : an even that would spike the price one way or the other
[2015-08-26 05:08:39] GAmma : event
[2015-08-26 05:08:47] lolcookie : yeah fair enough
[2015-08-26 05:09:32] lolcookie : even bitcoin gets fudded heaps
[2015-08-26 05:09:51] GAmma : j8 ..I've been using much less leverage I think
[2015-08-26 05:10:55] GAmma : my first short was at .0038, and I added all the way up to .0088, avg price ended up being near .007 if memory serves
[2015-08-26 05:11:31] GAmma : I'm just gonna wash, rinse, repeat sell every rallly
[2015-08-26 05:11:41] j8 : oh, yeah i was out long before that.
[2015-08-26 05:12:16] GAmma : long Reps, short Ether ...
[2015-08-26 05:12:24] lolcookie : id play but orderbook is too thin
[2015-08-26 05:25:13] j8 : GAmma: you bought the presale? i see the 10% discount is about to end
[2015-08-26 05:25:30] GAmma : yes.
[2015-08-26 05:25:54] GAmma : I bought at 15% discount, and some more this week
[2015-08-26 05:26:09] GAmma : I'll be done this week
[2015-08-26 05:27:27] joequant : 796 is moving into oil/stock futures
[2015-08-26 05:27:57] j8 : and euro i heard?
[2015-08-26 05:28:05] joequant : the chinese futures markets aren't really competition to bitmex. You can do short dated futures with the chinese markets.
[2015-08-26 05:28:26] joequant : But no way will they work for anything long dated or anything involving hedging.
[2015-08-26 05:29:15] joequant : The trouble is clawbacks
[2015-08-26 05:29:47] GAmma : the trouble is fraud among PRC businesses
[2015-08-26 05:30:04] GAmma : can't trust 'em farther than you can throw 'em
[2015-08-26 05:30:20] joequant : I don't think fraud is a huge problem, since I'm in HK.
[2015-08-26 05:30:43] joequant : I can tell who is legit, and anyone that isn't is likely going to end up being beat up.
[2015-08-26 05:30:45] GAmma : any btc deposited on a PRC-based/controlled exchange is at severe risk
[2015-08-26 05:31:17] GAmma : you are fool joe ...
[2015-08-26 05:31:20] joequant : Yes. That's why people do short dated options.
[2015-08-26 05:31:25] joequant : futures.
[2015-08-26 05:32:33] joequant : You can deal with counter party risk in a lot of ways. Since these are leveraged bets, you don't have to have much XBT on deposit.
[2015-08-26 05:33:07] joequant : The guy might run off with your money at some point, but you can figure out if they are likely to do it in the next week.
[2015-08-26 05:33:14] GAmma : anything u deposit is 100% at risk of outright fraud
[2015-08-26 05:33:32] j8 : withdraw your profits as you go.
[2015-08-26 05:33:41] joequant : Yes, Which is why they offer 25x leverage.
[2015-08-26 05:34:33] joequant : But being in HK, you have the advantage that you meet the people running the exchanges, and then you figure out talking with them how much you can trust
[2015-08-26 05:34:43] GAmma : why take the risk, when one can get 25x here ...
[2015-08-26 05:34:54] GAmma : bullsh*t
[2015-08-26 05:35:04] j8 : btc-e is just as sketchy, don't you think?
[2015-08-26 05:35:10] joequant : Liquidity and arbs.
[2015-08-26 05:35:12] cengel : because of orderbook
[2015-08-26 05:35:29] cengel : you cant trade real amounts here. okc you can
[2015-08-26 05:35:47] cengel : throw up 10btc worth of margin order and you will get filled there in minutes
[2015-08-26 05:35:49] GAmma : hopefully that will change
[2015-08-26 05:36:02] joequant : Also, based on what I know about the people running the exchange, I don't worry much about them being crooks. I do worry that they don't know how to manage risk.
[2015-08-26 05:36:12] cengel : +1 joe
[2015-08-26 05:36:13] joequant : i.e. Chinese exchanges.
[2015-08-26 05:36:15] GAmma : Bitmex is planning to have a chinese UI later around year-end they've said
[2015-08-26 05:37:03] joequant : At that point there is going to be a huge education process on how to trade futures in a way that isn't just a sub for Macau.
[2015-08-26 05:37:34] joequant : I'd guess 90% of the people on the Chinese exchanges aren't "serious traders."
[2015-08-26 05:37:39] GAmma : hopefully then we get real liquidity here
[2015-08-26 05:38:25] joequant : You need the "smart liquidity."
[2015-08-26 05:38:39] j8 : haha i'll take noob liquidity too.
[2015-08-26 05:38:49] cengel : yea any liquidity will do.
[2015-08-26 05:39:07] cengel : people complain about okc being fake volume but its real when i put an order and get filled, thats all i know
[2015-08-26 05:39:36] GAmma : lots of people got 'filled' at MtGox too ...
[2015-08-26 05:39:54] joequant : That's why you move your coin in and out.
[2015-08-26 05:39:56] j8 : never any withdrawal issues at the ol woodchipper. not the same thing
[2015-08-26 05:39:58] GAmma : the only thing new is the history you don't know.
[2015-08-26 05:41:08] GAmma : sh*t hits the fan all at once: everything, in one shot. Prior experience is irrelevant
[2015-08-26 05:41:18] joequant : It's not that hard to get the history if you live in HK. You ask person at Chinese exchange A what they think of the people at Chinese exchange B, and you get all the dirt.
[2015-08-26 05:41:28] GAmma : I traded at 796 for over a year, but never lied to myself about the risk
[2015-08-26 05:41:48] j8 : GAmma: you're a fool, according to GAmma
[2015-08-26 05:42:08] GAmma : I lived in China & Taiwan for decade ...
[2015-08-26 05:42:15] j8 : jk, you balanced the risk vs reward and did it anyway
[2015-08-26 05:42:19] GAmma : seen lots of fraud
[2015-08-26 05:42:47] GAmma : I had a small acct that I could afford to lose ..
[2015-08-26 05:42:54] GAmma : and no other options
[2015-08-26 05:43:21] GAmma : no better options I shud say ..
[2015-08-26 05:43:40] j8 : same story.
[2015-08-26 05:46:21] joequant : There's a ton of fraud in this area. There are a lot of good, honest people. You just have to figure out how to trust. You start with family.
[2015-08-26 05:46:44] joequant : It's not very institutional here.
[2015-08-26 05:47:55] GAmma : I was very busy during the tech collapse 2000-2002
[2015-08-26 05:48:40] joequant : With the major Chinese exchange, I worry more about their competence than their honesty.
[2015-08-26 05:48:40] GAmma : people who are honest day in and day out, will surprise you when they find themselves up against the wall
[2015-08-26 05:48:49] GAmma : only then do you know who u can tru
[2015-08-26 05:48:53] GAmma : trust
[2015-08-26 05:49:22] lolcookie : more like how many $$ honest are you
[2015-08-26 05:49:37] joequant : That's why family is important. You start by trusting your parents because as an infant, you don't have any choice in the matter.
[2015-08-26 05:49:38] lolcookie : major bitcoin exchange after major bitcoin exchange seem to be falling
[2015-08-26 05:51:02] joequant : In China, you have the big three and 796. Those seem stable.
[2015-08-26 05:51:43] joequant : Now there is a lot of dirt, but this involves founders hiring programmers, promise tons of stuff, and then screwing them over once it got built.
[2015-08-26 05:51:54] joequant : But that's not my problem.
[2015-08-26 05:52:32] GAmma : China is a kleptocracy ... from the top down
[2015-08-26 05:54:14] GAmma : anyway, g'night
[2015-08-26 05:54:44] joequant : It's a system. It probably makes more sense if you are born into it like me.
[2015-08-26 05:55:01] lockhedge : it's amazing how things evolve in Bitcoin, i still can remember the time when i have been active on bitcointalk and a very weired guy from romania was kind of the only player in the derivatives market
[2015-08-26 05:55:02] cengel : he is born into a different warped corrupt system that he's unable to see the faults of
[2015-08-26 05:55:51] cengel : lockhedge: yes and the swedish idiot from ICBIT
[2015-08-26 05:55:52] joequant : If you get off the boat as an outsider, the first person you meet is likely going to rip you off.
[2015-08-26 05:56:13] joequant : There's no shortage of Chinese people with bad opinions of Americans.
[2015-08-26 05:56:32] lockhedge : cengel: never been on icbit, i lost interest after i sold at 850 ;)
[2015-08-26 05:56:44] lockhedge : lost interest for a while...
[2015-08-26 05:56:45] joequant : Because they got ripped off, because the first person they met was dishonest.
[2015-08-26 05:56:50] cengel : joe im just saying that the westerners who snigger at Asians for being corrupt or dishonest are being hypocritical
[2015-08-26 05:57:50] cengel : if youre from a country where your elections are bought, you can't call other countries kleptocracy
[2015-08-26 05:58:16] joequant : The funny thing is that China is becoming more like the US.
[2015-08-26 05:58:37] cengel : yea they learned to be dishonest thugs from the kings of the art
[2015-08-26 05:58:39] lockhedge : cengel: second that, the western world is not less corrupt, just in a slightly different way
[2015-08-26 05:58:58] joequant : I think it's corrupt in a better way. But China is learning.
[2015-08-26 05:59:30] cengel : selfrighteous smug corruption with no selfawareness is the worst kind
[2015-08-26 06:00:23] joequant : That's one reason I love Wall Street.
[2015-08-26 06:00:31] joequant : People there are more honest.
[2015-08-26 06:00:40] joequant : i.e. they will admit they are doing it for the money.
[2015-08-26 06:01:03] joequant : Because not understanding why people do what they do will cause you to lose money.
[2015-08-26 06:01:16] cengel : yea no, Blankfein said they're doing "god's work". they're no better than politicians
[2015-08-26 06:01:37] cengel : the footsoldiers are usually the honest ones, in any hierarchical system
[2015-08-26 06:01:51] laisee : he probably believes that statement
[2015-08-26 06:01:57] cengel : the higher you get the more you have to lie to yourself about what it's really all about
[2015-08-26 06:02:16] lockhedge : joequant: in a lot of ways the U.S. have the more advanced and adaptive system
[2015-08-26 06:04:57] joequant : Actually, I don't think they are lying to themselves. They might be lying to everyone else in the world.
[2015-08-26 06:05:40] cengel : these guys travel the world, they see what it's about, they have to have regrets and second thoughts and existentialist reflections
[2015-08-26 06:06:01] lockhedge : cengel: an oligarchy in market making with a small group can lead to the self-impression of 'god's work' (like being the president of one of the big central banks)
[2015-08-26 06:07:05] lockhedge : you have huge power as dominant liquidity provider (e.g. the kill-switch)
[2015-08-26 06:07:15] lockhedge : http://www.zerohedge.com/news/2015-08-25/cutting-through-hft-lies-what-really-happened-during-flash-crash-august-24-2015
[2015-08-26 06:07:24] cengel : I saw that doc you posted btw lockhedge
[2015-08-26 06:07:43] lockhedge : which one?
[2015-08-26 06:07:46] cengel : very interesting stuff. i look at the Wall St quants as the NSA data guys. in the end, behind these huge institutions, its nerds
[2015-08-26 06:08:04] cengel : and on a level i trust nerds, they know better. but there are bad nerds too who get sucked into it all
[2015-08-26 06:08:06] lockhedge : always nerds
[2015-08-26 06:08:33] lockhedge : most dangerous weapons these days
[2015-08-26 06:08:35] cengel : it goes back to this old hacker ethic
[2015-08-26 06:08:49] cengel : it was assumed if you were in that scene that you had a certain base moral code
[2015-08-26 06:09:31] cengel : but i dont think that's a safe assumption. there are bad nerds who are just as easily sucked into toxic ideologi
[2015-08-26 06:09:39] joequant : Well there is adverse selection.
[2015-08-26 06:09:56] lockhedge : the hungarian guy who invented the iPad in 1984, made billions buy 'not believing in patents' is the best :)
[2015-08-26 06:10:06] joequant : Suppose you worked as a quant at an incompetent bank. You bring up a problem you are told to shut up.
[2015-08-26 06:10:14] joequant : You either shut up or get fired.
[2015-08-26 06:10:27] joequant : Lots of people do did get fired and worked for someone else.
[2015-08-26 06:10:34] joequant : But that doesn't fix the problem.
[2015-08-26 06:10:52] lockhedge : joequant: that's a systemic risk problem, it depends to whom you go
[2015-08-26 06:11:09] joequant : It's a reverse Darwin effect.
[2015-08-26 06:11:21] joequant : You have a bad bank, the people that are honest/competent leave.
[2015-08-26 06:11:29] joequant : What happens?
[2015-08-26 06:12:20] joequant : In 2007, I decided it would be a bad idea to work for Bear-Stearns when the interviewer told me that smart people tended to have problems working there.
[2015-08-26 06:12:21] lockhedge : that's the process of innovation, destroys things sometimes too (Schumpeter)
[2015-08-26 06:12:49] joequant : But that I could make a lot of money if I shut up and just went with the flow.
[2015-08-26 06:13:35] lockhedge : only problem: in not-so-open systems power can accumulate at a wrong end... and there we are back at the 'corruption' issue
[2015-08-26 06:14:03] joequant : It's not power, it's connectedness. One nice thing about bitcoin is that one exchange can go down without killing the system.
[2015-08-26 06:14:32] lockhedge : interesting thought
[2015-08-26 06:15:19] joequant : I'm more comfortable with dishonest people than incompetent people. I'd rather have a mafia hitman hold the trigger to a nuke than a four year old.
[2015-08-26 06:15:54] lockhedge : :)
[2015-08-26 06:16:37] joequant : With competent dishonest people, I can figure out how they can screw me over.
[2015-08-26 06:17:30] lockhedge : very true, most dangerous thing is being erratic
[2015-08-26 06:17:53] lockhedge : see Hitler, Stalin et al.
[2015-08-26 06:18:21] lockhedge : better a corrupt regime than that
[2015-08-26 06:19:08] lockhedge : Karl Popper (Open Society) got that very well, after he had to flee from Austria to the UK
[2015-08-26 06:20:27] lockhedge : Soros (from Hungary to the U.S.) knows it as well and founded the Open Society Foundation, not the worst thing
[2015-08-26 06:22:25] lockhedge : maybe we can be glad that most politicians are (more or less harmless) narcissist, they don't even care about money that much and are very predictable
[2015-08-26 07:32:26] cengel : or vegetarian
[2015-08-26 07:43:43] j8 : vegetarian?
[2015-08-26 07:44:08] j8 : oh, hitler.
[2015-08-26 08:32:09] ksinvest : cengel: :) fun fact: Hitler lived in the same street as my parents. he actually wanted to become an artist but was not accepted at the fine art university. maybe the worst choice ever to not let him paint.
[2015-08-26 08:33:44] ksinvest : never trust a vegetarian art student hipster
[2015-08-26 08:34:22] j8 : that's like everyone i know IRL
[2015-08-26 08:34:27] ksinvest : Nipster
[2015-08-26 08:34:29] ksinvest : https://en.wikipedia.org/wiki/Nipster
[2015-08-26 08:35:59] ksinvest : can easily be confused with flexitarian nerds/geeks these days
[2015-08-26 08:37:44] j8 : hah
[2015-08-26 08:41:29] lolcookie : waiting days for orders to fill
[2015-08-26 08:42:44] j8 : which contract?
[2015-08-26 08:42:50] lolcookie : z15
[2015-08-26 08:44:13] j8 : yeah not so much action there
[2015-08-26 09:01:36] gustavo7 : for XBUU15 is Mark Price = Last Traded Price?
[2015-08-26 09:03:36] j8 : yeah, for all `XBU` contracts
[2015-08-26 09:15:26] gustavo7 : ah so it's the Fair Price for all contracts with DPE
[2015-08-26 09:43:45] cengel : almost makes more sense to trade XBU series instead of XBT
[2015-08-26 09:43:58] cengel : tighter spreads better liquidity during market hours
[2015-08-26 09:44:22] cengel : just have to put more margin up
[2015-08-26 10:55:38] joequant : It should be possible to arb, XBU, XBT, and BVOL.
[2015-08-26 10:55:50] joequant : There is a magic formula that relates the prices.
[2015-08-26 10:55:53] joequant : https://bitquant.wordpress.com/2015/04/14/magic-formula-for-xbt-and-xbu-futures/
[2015-08-26 10:56:47] joequant : I haven't tried to use that formula live. It's on my todo list.
[2015-08-26 10:57:29] joequant : I have an ipython notebook that will calculate the parameters for the functions. It's open source so if anyone is interested in finishing it let me know.
[2015-08-26 10:58:02] joequant : Basically if you do a regression on XBU, you get the borrow cost which is pretty much zero.
[2015-08-26 10:58:41] joequant : If you plot the XBU on a log scale you get another line, the difference in the slope should be the volatility.
[2015-08-26 11:04:46] joequant : I'm looking forward to having enough liquidity here to trade vanilla options, and then someday bespoke exotics.
[2015-08-26 11:31:45] lolcookie : hasnt been a single eth trade in 6 hours
[2015-08-26 13:38:58] DunningKruger : Ethereum - Pump and Dump 2.0
[2015-08-26 14:23:48] ssa3512 : Bitmex Staff: Why are XBT7 and XBTQ15 fair price not showing as the same thing?
[2015-08-26 14:24:06] ssa3512 : shouldn't they, given settlement is the same time?
[2015-08-26 14:25:00] BitMEX_Arthur : ssa3512: Theoretically they should be, but we set the fair price to generally match where the future is trading, so they don't have to be equal
[2015-08-26 14:25:18] BitMEX_Arthur : If you think the market prices are out of line, you can place the arb trade
[2015-08-26 14:31:25] ssa3512 : BitMEX_Arthur: thanks. one other questin. Is the formula for what determines the re-balancing price published?
[2015-08-26 14:36:00] BitMEX_Arthur : The weekly rebalance price is the mark price at 12:00 GMT
[2015-08-26 14:36:03] BitMEX_Arthur : each Friday
[2015-08-26 15:04:52] Juba : how do I add margin to a position
[2015-08-26 15:05:11] BitMEX_Sam : Juba: Just to an individual position?
[2015-08-26 15:05:29] BitMEX_Sam : You can isolate margin per-position by clicking the isolate checkbox but at this time we don't support adding arbitrary amounts of margin to individual fixed positions
[2015-08-26 15:05:48] Juba : yes, the order stard with 0 then goes up if price goes in your direction?
[2015-08-26 15:06:08] BitMEX_Sam : I'm not sure what you mean
[2015-08-26 15:06:40] Juba : I cant set 25x when I open my position?
[2015-08-26 15:07:13] BitMEX_Sam : Once you've opened any orders you can hit "isolate margin"
[2015-08-26 15:07:25] BitMEX_Sam : that will set 25x and lock out that amount of margin, so your downside is capped
[2015-08-26 15:08:05] Juba : o ok, so what happens if I dont isolate it
[2015-08-26 15:09:08] BitMEX_Sam : Then it uses your entire account's margin
[2015-08-26 15:09:20] Juba : I see
[2015-08-26 15:09:23] BitMEX_Sam : This makes you more resilient to liquidation, as you can still max out at 1% maintenance margin (100x)
[2015-08-26 15:09:26] BitMEX_Sam : See your liquidation price
[2015-08-26 15:09:41] BitMEX_Sam : if you're not isolated, liquidation price is usually much farther away. That way you can tune how leveraged you want to be.
[2015-08-26 15:10:01] Juba : ok, thx :)
[2015-08-26 16:29:39] Juba : BitMEX_Sam: I have an open position but not able to close it? Am I blind or is there a bug?
[2015-08-26 16:29:52] BitMEX_Sam : Juba: You close it by placing an opposite order
[2015-08-26 16:30:00] BitMEX_Sam : If you're long 10 contracts you need to sell 10 contracts to go flat
[2015-08-26 16:30:08] Juba : aa ok
[2015-08-26 16:31:04] Juba : what happens if I want to go long with the same amount with out closing :P
[2015-08-26 16:38:50] BitMEX_Sam : You can't be simultaneously long and short
[2015-08-26 16:38:56] BitMEX_Sam : At least, not on the same contract.
[2015-08-26 16:39:03] BitMEX_Sam : You could be long and short on different expiries.
[2015-08-26 16:43:23] zanza : is it safe to send deposits from Coinbase to Bitmex multisig address? or should it be tumbled?
[2015-08-26 16:43:42] zanza : test
[2015-08-26 16:44:06] zanza : test
[2015-08-26 16:44:20] zanza : test
[2015-08-26 16:45:43] zanza : can I send funds from Coinbase to BitMEx deposit address?
[2015-08-26 16:45:51] zanza : or will this flag my coinbase acct?
[2015-08-26 16:46:32] zanza : test
[2015-08-26 16:47:02] zanza : for some reason the website trollbox is not showing my comments there
[2015-08-26 16:47:48] lolcookie : i see them
[2015-08-26 16:49:08] zanza : let me try with Chrome
[2015-08-26 16:49:41] zanza : weird, Chrome works
[2015-08-26 16:49:44] zanza : but not firefox
[2015-08-26 16:49:49] zanza : firefox worked yesterday though
[2015-08-26 16:51:00] zanza : so any advice about sending deposit funds from Coinbase/Circle direct to deposit acct?
[2015-08-26 16:56:35] ksinvest : zanza: better ask coinbase/circle how/if they flag accounts for any reasons
[2015-08-26 16:57:41] BitMEX_Sam : zanza: Shouldn't be any issue
[2015-08-26 16:57:46] BitMEX_Sam : We've had lots of users deposit from coinbase addresses
[2015-08-26 16:57:59] BitMEX_Sam : It's not Coinbase's concern what you do with your bitcoin, their only concern is that you're not defrauding *them*
[2015-08-26 17:00:00] ssa3512 : BitMEX_Sam: that's not entirely true
[2015-08-26 17:00:18] BitMEX_Sam : Well, yes, not 100% true, but they have not been known to flag users who send to trading sites
[2015-08-26 17:00:20] ssa3512 : they have to follow AML/KYC rules about "suspicious activity"
[2015-08-26 17:00:38] ssa3512 : I haven't heard anything about that either
[2015-08-26 17:00:47] BitMEX_Sam : We've talked to them about it briefly
[2015-08-26 17:03:25] BitMEX_Sam : I can't say anything with 100% certainly, but I can say that honest traders are very low on their list of problems
[2015-08-26 17:11:14] ssa3512 : BitMEX_Sam: when are we going to get some more interesting derivatives?
[2015-08-26 17:11:33] BitMEX_Sam : Coming up, we're working on prediction market contracts next
[2015-08-26 17:11:43] BitMEX_Sam : And some tweaks to the platform to allow variable fixed margin
[2015-08-26 17:28:27] muirtastic : Coinbase is horrible. They screwed me out of so much money. When BTC went up, they would cancel my order 20 minutes before giving me the BTC that they took the money for 7 days earlier. I cannot stand them.
[2015-08-26 17:29:02] muirtastic : It's sad they have been so successful. I guess was just lack of better competition for a long time.
[2015-08-26 17:29:46] ssa3512 : muirtastic: I've never had any issues with them. YMMV I guess
[2015-08-26 17:30:02] muirtastic : Anyway I like this site so far. Volume seems low, but hopefully you guys can stick around and it will slowly grow. I will have to figure out the commission structure better but hopefully can keep trading here as part of overall investment strategy. I need to figure out a cost-effective way to hedge.
[2015-08-26 17:30:48] muirtastic : I usually just short on Bitfinex to hedge my cold wallet holdings but hoping there is a better way here with the higher margin.
[2015-08-26 17:34:47] GAmma : Sam: what do you mean by 'prediction market contracts/ ?
[2015-08-26 17:42:17] zanza : futures?
[2015-08-26 17:42:38] zanza : BitFinex is doing the best advertising for here in the last few days =]
[2015-08-26 17:45:57] BitMEX_Sam : Yeah we've seen a lot of users migrating.
[2015-08-26 17:46:14] BitMEX_Sam : GAmma: For instance, there are a lot of interesting things going on in the market that users might want to buy/sell prediction contracts on
[2015-08-26 17:46:27] BitMEX_Sam : For instance, the XT fork or BIP100 vs BIP101
[2015-08-26 17:46:43] BitMEX_Sam : It's also a necessary backbone for exchange default swaps which will hopefully be available by the end of the year
[2015-08-26 17:49:28] GAmma : I'd rather see a contract on the S&P, or the HangSeng quit frankly
[2015-08-26 17:49:55] GAmma : there are dedicated predition markets on the cusp of launching ...
[2015-08-26 17:50:12] GAmma : or DAX ...
[2015-08-26 17:50:21] GAmma : volatility is here ..
[2015-08-26 17:51:55] GAmma : those predition mkt contracts you mention ... will have zero interest except for those close insiders ... as an outsider, I wouldn't touch 'em with a ten-foot pole
[2015-08-26 18:11:46] SnackyCoins : then again you have degenerate gamblers like myself who will bet their house against XT 8)
[2015-08-26 18:17:54] BitMEX_Sam : GAmma: I agree with you and we are looking into those as well
[2015-08-26 18:18:02] BitMEX_Sam : We just need to ensure that it's legal to do so
[2015-08-26 18:34:35] zanza : which Bitcoin product / expiry has the highest volume here?
[2015-08-26 18:37:55] zanza : Each contract is worth 0.00001 XBT per $1 price.
[2015-08-26 18:37:59] zanza : confusing lol
[2015-08-26 18:39:33] BitMEX_Sam : zanza: It's a quanto contract, PNL is in Bitcoin
[2015-08-26 18:39:40] BitMEX_Sam : Since we don't do fractional contracts, the contract size is small
[2015-08-26 18:40:03] BitMEX_Sam : You can see the individual contract value in the `Order Value` readout
[2015-08-26 18:40:34] BitMEX_Sam : XBTU15 has been moving pretty well recently
[2015-08-26 18:41:21] zanza : yeah thats what im looking at
[2015-08-26 19:03:13] zanza : im hedging with XBT, does that make me edgy? :)
[2015-08-26 19:17:13] BitMEX_Sam : Hah a bit.
[2015-08-26 19:17:55] BitMEX_Sam : Hedging with XBT is generally fine so long as Bitcoin doesn't move too much, because a 10% loss in price is actually an 11% loss in USD terms because the 90% principal you still hold is worth 10% less than it was.
[2015-08-26 19:18:06] BitMEX_Sam : However it works the other way - a 10% gain on XBT is an 11% gain in USD terms.
[2015-08-26 19:18:34] BitMEX_Sam : There are interesting hedging strategies that can take advantage of this and XBU to create profitable low-risk trades.
[2015-08-26 19:44:45] SnackyCoins : Hey sam, which contract would I use if i wanted to properly hedge my "usd holdings"? (sell BTC / buying futures)
[2015-08-26 19:54:29] zanza : explain that again?
[2015-08-26 19:54:39] zanza : you want to hedge USD against what?
[2015-08-26 19:54:52] zanza : the only option here is for Bitocin/ Litecoin or Ether
[2015-08-26 19:58:15] SnackyCoins : normally you hedge your btc holdings against loss with XBU
[2015-08-26 19:58:25] SnackyCoins : buy btc/sell futures
[2015-08-26 19:58:29] SnackyCoins : i want to do the opposite
[2015-08-26 19:58:52] SnackyCoins : because i need some cash 8)
[2015-08-26 19:59:13] bitcoinvsevil : Does BitMEX have lending like bitfinex?
[2015-08-26 19:59:26] SnackyCoins : not currently, evil
[2015-08-26 19:59:56] bitcoinvsevil : BFX rates dropping a lot lately.
[2015-08-26 20:00:54] BitMEX_Sam : bitcoinvsevil: You don't have to pay an interest rate to trade on leverage here
[2015-08-26 20:01:03] BitMEX_Sam : You can earn an interest rate from futures premium by selling futures and buying spot though
[2015-08-26 20:01:41] BitMEX_Sam : Futures usually trade at 1-2% or more over spot per month - see e.g. XBTZ15
[2015-08-26 20:02:01] BitMEX_Sam : XBT contracts potentially have higher upside which causes them to trade higher than XBU
[2015-08-26 20:02:24] BitMEX_Sam : SnackyCoins: So you're saying you want to hedge against USD going down?
[2015-08-26 20:02:37] SnackyCoins : basically yeah
[2015-08-26 20:02:51] SnackyCoins : i want to sell some btc and retain the ability to profit from them
[2015-08-26 20:04:53] BitMEX_Sam : Right. So if you were 50/50 USD/BTC, if you went long XBU at 1x leverage you'd be 'hedged'. For example let's say you have $1000 USD and 10 Bitcoin @ $100/Bitcoin, or 20 Bitcoin of value. Bitcoin goes to 200 so your USD has halved in value. Your 10 XBU contracts are now worth 15 Bitcoin and your $1000 is worth 5 Bitcoin, so you still have 20.
[2015-08-26 20:05:47] SnackyCoins : ok perfect :)
[2015-08-26 20:05:54] BitMEX_Sam : You can verify this with the PNL calculator - try 10 contracts, entry 100, exit 200.
[2015-08-26 20:45:03] zanza : are a lot of BFx customers moving over here?
[2015-08-26 20:47:34] BitMEX_Sam : There's been an increase in signups but we don't know for sure if they're previously BFX customers
[2015-08-26 20:52:41] SnackyCoins : i'm shilling my ass off hoping someday the 6mo earnings cap will be lifted ;)
[2015-08-26 20:56:10] BitMEX_Sam : I can't comment until we make a unanimous decision but we care about our users - we'll find something to make them happy
[2015-08-26 21:02:46] SnackyCoins : I also legitamately believe this is the best exchange around :) volume & depth will make it here eventually
[2015-08-26 21:03:42] SnackyCoins : i trade btc exclusively here now (still LTC on okcasino)
[2015-08-26 21:04:15] SnackyCoins : withdrew even swaps from finex to put here cause the building is on fire lol
[2015-08-26 21:05:31] BitMEX_Sam : Glad to hear. Yeah, they're experiencing firsthand what happens when you grow beyond your architecture
[2015-08-26 21:05:46] BitMEX_Sam : It has to be massively stressful for them, but short of an engine rewrite I don't know what they can do
[2015-08-26 21:21:39] Juba : Ive isolated the margin so it says 25.00x but it wont chahge the PNL or the "status margin used)
[2015-08-26 21:22:03] Juba : sorry about the stupid questions
[2015-08-26 21:38:09] j8 : Juba: the Status line refers to your full account, so that won't change
[2015-08-26 21:38:26] Juba : ok
[2015-08-26 21:38:41] j8 : and the total value of the position doesn't change when you isolate, so pnl doesn't change
[2015-08-26 21:39:17] Juba : so I wont see the real value of the position?
[2015-08-26 21:39:26] j8 : Position Value
[2015-08-26 21:39:39] j8 : is the total notional value
[2015-08-26 21:39:49] Juba : hmm but it doesnt add in 25x
[2015-08-26 21:40:20] j8 : compared to the Maint. Margin for that position?
[2015-08-26 21:43:36] Juba : only thing changing when I click on and off the isolate margin box is the liqudation price
[2015-08-26 21:44:57] j8 : ok i see the confusion. so the initial leverage is 25x regardless... you only need 1/25th as much margin as the position size
[2015-08-26 21:45:33] j8 : when it's not isolated, more maintenance margin will be added automatically as the position loses
[2015-08-26 21:46:10] Juba : aaa ok so its always 25x I see
[2015-08-26 21:46:12] j8 : when it's isolated, the maintenance margin you see is all the you stand to lose
[2015-08-26 21:48:49] Juba : think I need to read the margin lesson :P
[2015-08-26 21:49:50] j8 : good plan. isolate margin lets you limit your losses so you don't blow your account, but you will get liquidated sooner
[2015-08-26 21:53:09] cryptojoe : Love this exchange. Love the free trading. Any chance we can extend the free trading period to attract a little more volume :D
[2015-08-27 00:16:56] zanza : do they make money in other ways besides trading fees?
[2015-08-27 00:17:13] BitMEX_Arthur : No
[2015-08-27 00:17:42] zanza : you can't ask them to work for free, eh?
[2015-08-27 00:17:51] zanza : @joe :)
[2015-08-27 00:42:08] cryptojoe : zanza: yeah i'll happily pay fees for good service.
[2015-08-27 00:45:57] cryptojoe : BitMEX_Arthur: withdraw cancelled bc i waited to long to confirm. i don't see it available though
[2015-08-27 01:09:43] BitMEX_Arthur : Was that for your entire balance?
[2015-08-27 01:09:54] BitMEX_Arthur : I don't see it confirmed so it should be there
[2015-08-27 01:11:45] cryptojoe : BitMEX_Arthur: no it was not the entire balance. was for 6.4755.
[2015-08-27 01:12:38] cryptojoe : It's included in my balance but not in "available"
[2015-08-27 01:14:13] cryptojoe : ... and not in "withdrawable"
[2015-08-27 01:24:50] BitMEX_Arthur : Please send an email to support@bitmex.com we can discuss out of the chat
[2015-08-27 01:45:30] cryptojoe : BitMEX_Arthur: thanks arthur. just sent.
[2015-08-27 01:47:31] cryptojoe : Wow. getting zero volume at bitstamp and bitfinex. or their feed is not feedin
[2015-08-27 01:48:42] cryptojoe : Even the asian markets are crawling. scary
[2015-08-27 01:53:23] TraderStefan : Calm before the storm?
[2015-08-27 01:53:58] cryptojoe : TraderStefan: or we're in the eye of the storm.
[2015-08-27 02:21:02] zanza : on BitMEX, is every contract perfectly balanced (like for example XBTZ15 there are equal positions of long/short)
[2015-08-27 02:25:35] j8 : zanza: yes
[2015-08-27 02:27:55] j8 : although it's possible that forced liquidations don't get filled... then those contracts aren't that person's responsibility anymore, which is where the DPE (socialized loss) comes from
[2015-08-27 02:28:13] zanza : got it
[2015-08-27 02:45:48] cryptojoe : that doesn't sound fun
[2015-08-27 02:55:54] j8 : it's not.
[2015-08-27 11:24:41] VanCleef : does bitmex have a bot to pump more liquditiy and tigher spreads into bitmex?
[2015-08-27 12:10:59] ssa3512 : bitcoin pump today?
[2015-08-27 13:25:34] j8 : VanCleef: they released a market maker bot for anyone to use, they've said they don't run bots themselves
[2015-08-27 13:29:37] j8 : VanCleef: https://github.com/BitMEX/market-maker
[2015-08-27 13:42:05] cryptojoe : j8: is support pretty busy. i'm not sure why some funds are not available after a withdraw cancellation
[2015-08-27 13:49:00] j8 : not sure
[2015-08-27 14:01:02] BitMEX_Arthur : cryptojoe: Withdrawals are processed once daily at 12:00 GMT
[2015-08-27 14:01:14] BitMEX_Arthur : Yours will be processed tomorrow as you missed the cutoff for today
[2015-08-27 14:01:41] BitMEX_Wally : cryptojoe: I replied to your support ticket about 5 minutes after you sent it
[2015-08-27 14:01:57] BitMEX_Wally : Check your spam folder?
[2015-08-27 14:01:57] cryptojoe : Right that wasn't the issue. The withdraw that was cancelled was about 10 hours ago. it's just not available in my balance or withdrawable apparently.
[2015-08-27 14:02:14] cryptojoe : BitMEX_Wally: oh sorry i missed that let me check
[2015-08-27 14:02:27] BitMEX_Wally : The answer was that you have profit on a DPE enabled contract, and that is withheld until rebalancing tomorrow
[2015-08-27 14:05:41] cryptojoe : BitMEX_Wally: Ah, thanks wally. Can't find the email. not in spam either but thank you for the clarification. I figure it was something like that. Still learning the platform.
[2015-08-27 14:07:04] cryptojoe : and for future reference, rebalancing happens daily?
[2015-08-27 14:07:23] BitMEX_Wally : It happens weekly on Fridays at 12:00 GMT
[2015-08-27 14:07:29] BitMEX_Wally : Let me resend that email
[2015-08-27 14:07:42] BitMEX_Wally : https://www.bitmex.com/app/dynamicProfitEqualisation
[2015-08-27 14:12:04] ssa3512 : BitMEX_Wally: when does U15_Z15 go active
[2015-08-27 14:20:42] BitMEX_Wally : It will list tomorrow at 12:00 GMT
[2015-08-27 14:47:58] cryptojoe : BitMEX_Wally: thanks for putting that withdraw through late. appreciate it
[2015-08-27 14:48:17] cryptojoe : wasn't expecting it. ;)
[2015-08-27 14:54:27] BitMEX_Wally : cryptojoe: You're welcome, but it hasn't hit the blockchain yet :)
[2015-08-27 14:56:12] cryptojoe : Sorry same amount arriving from a different location. my coffee hasn't kicked in yet.
[2015-08-27 14:57:16] BitMEX_Sam : cryptojoe: No worries, you should see it now, I just submitted it
[2015-08-27 15:02:15] cryptojoe : Thank you
[2015-08-27 15:12:35] cryptojoe : Looks like Garzik's bip100 is getting mining majority support
[2015-08-27 15:28:44] ssa3512 : https://cryptowat.ch/bitstamp/btcusd/15min
[2015-08-27 15:28:49] ssa3512 : this looks like it's about to get ugly
[2015-08-27 15:35:15] BitMEX_Sam : What makes you say that?
[2015-08-27 15:36:27] cryptojoe : Looks pretty to me.
[2015-08-27 15:36:46] ssa3512 : the big sell walls
[2015-08-27 15:36:49] ssa3512 : and no buy orders
[2015-08-27 15:39:31] j8 : meh. orderbooks change, and i'm not convinced that bitstamp drives this market
[2015-08-27 15:40:11] ssa3512 : fair enough
[2015-08-27 15:40:18] ssa3512 : finex depth is a little more balanced
[2015-08-27 15:41:25] ssa3512 : honestly it's all pretty quiet right now
[2015-08-27 15:41:54] cryptojoe : ssa3512: yeah if the price goes up those walls will come down pretty quickly
[2015-08-27 15:42:45] j8 : i see stamp is leading finex in volume for once
[2015-08-27 15:48:45] cryptojoe : yeah houb and btcchin also pulled ahead of finxe
[2015-08-27 17:28:54] ssa3512 : wow someone just ATE that big wall on stamp
[2015-08-27 17:36:33] zanza : anyone see the new Bitcoin.com site?
[2015-08-27 17:37:28] zanza : the recommended windows wallet is "Ninki" never even heard of it lol
[2015-08-27 17:37:43] zanza : i wonder how much Ninki paid for that product placement
[2015-08-27 17:39:35] j8 : yeah it's garbage, not sure what anyone can do about it though
[2015-08-27 17:41:14] BitMEX_Sam : That site just seems to migrate from one disreputable owner to the next
[2015-08-27 21:17:42] TInvest : Uhh.. so Bitstamp is a place of insanity, right?
[2015-08-27 21:18:08] BitMEX_Sam : We'll be on TradeBlock tomorrow
[2015-08-27 21:18:42] TInvest : ooh, does that make us all fancy then?
[2015-08-27 21:19:11] TInvest : it's fun, it's like trading on btc.sx only here I make a little
[2015-08-27 21:19:35] BitMEX_Sam : That makes us very fancy
[2015-08-27 21:20:07] TInvest : to be entirely honest, id' only heard of bitmex in passing, and though "dodgy mexican cartel-type operation for sure
[2015-08-27 21:20:19] TInvest : daft daft man i be