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
<< >> English 中文 Русский 한국어 日本語 Español Français [2016-07-31 04:21:57] BitMEX_Wally : The QR code exists, and if an attacker has it they can generate unlimited 2FA codes [2016-07-31 04:22:31] zanza : the Authenticator key he means [2016-07-31 04:23:07] bernx : Btc make haircut [2016-07-31 04:23:31] nip : how could attacker get the QR without the phone or root access to it? [2016-07-31 04:24:18] BitMEX_Wally : They could be spying on your computer [2016-07-31 04:24:26] BitMEX_Wally : Take a photo of your screen, etc etc [2016-07-31 04:24:42] REKT : Liquidated long on `XBTUSD`: Sell 7 @ 629.72 [2016-07-31 04:25:41] BitMEX_Wally : Google Authenticator key is effectively just another password, that is transmitted from the service to the user. And that password can be stolen [2016-07-31 04:26:07] BitMEX_Wally : Have a look at the Clef white paper to see how Clef credentials cannot be stolen [2016-07-31 04:26:10] muirtastic : They would still need username and pw though. With Clef, there is just one piece of data that is used to login, vs three [2016-07-31 04:26:48] muirtastic : But I'll have to research it more. You are probably correct that it is better but I just don't get it on an intuitive level [2016-07-31 04:28:59] sharpie0101 : bitmex_wally if you ever heard of linustechtalks on youtube [2016-07-31 04:29:03] sharpie0101 : it happened to him [2016-07-31 04:29:12] sharpie0101 : it's an error in trust [2016-07-31 04:29:23] sharpie0101 : which is why google shouldn't be responsible for security [2016-07-31 04:29:59] sharpie0101 : tls is a prodocal which perfectly handles such things [2016-07-31 04:30:43] sharpie0101 : and it is universal but instead of building on that stupid google tries to make it's own trendy bullshit thing which is proprietary [2016-07-31 04:31:19] sharpie0101 : the correct way to do it would be with a client certificate [2016-07-31 04:31:32] Pedro : i have a problem with the chart [2016-07-31 04:31:45] sharpie0101 : then you have the certificate and only that machine with the cert can be authenticated [2016-07-31 04:31:47] rapidtrades : i'd rather trust google then some random clef claiming they renationalized security [2016-07-31 04:32:14] sharpie0101 : and that's why you aren't secure [2016-07-31 04:32:22] sharpie0101 : tls is predecessor to ssl [2016-07-31 04:32:24] rapidtrades : HEY FECK U MAN [2016-07-31 04:33:29] sharpie0101 : this stuff was worked out in the 90's and google is sitting here ignoring a decades worth of progress and ignoring all the lessons learned [2016-07-31 04:33:51] rapidtrades : says sharpie0101 [2016-07-31 04:34:32] sharpie0101 : normaly you have a password and all trust is attatched to the password [2016-07-31 04:34:41] sharpie0101 : but there is a problem with that [2016-07-31 04:34:55] rapidtrades : yeah ur mom has it [2016-07-31 04:35:30] sharpie0101 : you could do client certificate, with password which is way better than google's authentication scheme [2016-07-31 04:35:30] BitMEX_Wally : Google Authenticator is just a useful client. There is no communication with Google itself [2016-07-31 04:35:43] nip : i dont trust this clef guy [2016-07-31 04:35:50] BitMEX_Wally : The keys and codes follow a standard [2016-07-31 04:35:51] sharpie0101 : which is basically just showing off the ability for a server to send sms text message, no real security [2016-07-31 04:36:24] sharpie0101 : there's no need for it [2016-07-31 04:36:44] nip : sharpie0101: google authenticator is where google servers send you a text message? [2016-07-31 04:36:50] sharpie0101 : password and cert, your responsible for two things.. if you get compromised it's yourfalt [2016-07-31 04:37:07] nip : no password just pick a good username if someone guesses it its your fault [2016-07-31 04:37:16] rapidtrades : :) [2016-07-31 04:37:23] sharpie0101 : not necessarily nip [2016-07-31 04:37:49] sharpie0101 : if you do common password, someone could do a static password, and change user name and steal bunch of accounts [2016-07-31 04:37:59] nip : thats what im saying [2016-07-31 04:38:10] nip : start with the basics: no password [2016-07-31 04:38:15] nip : they had that figured out in the 60s [2016-07-31 04:38:28] sharpie0101 : however by using tls client authentication via certificate, that would be impossible [2016-07-31 04:38:47] rapidtrades : nip: that won't work if u login on public wifis etc [2016-07-31 04:39:00] nip : rapidtrades: thats where sharpie's tls comes in [2016-07-31 04:39:04] sharpie0101 : you would require a certificatae signed by signing authority, as well as a correct password [2016-07-31 04:41:00] rapidtrades : stupid china waking me up so early [2016-07-31 04:41:14] sharpie0101 : why [2016-07-31 04:41:20] sharpie0101 : the sell off at 10 pm eastern time [2016-07-31 04:43:10] sharpie0101 : well jjust got back on [2016-07-31 04:43:24] sharpie0101 : now if my calculations are correct we should see a price of 200k dollars [2016-07-31 04:43:29] sharpie0101 : for a btc [2016-07-31 04:43:45] sharpie0101 : haha [2016-07-31 04:50:50] elmorte : Sounds right [2016-07-31 04:53:24] sharpie0101 : once the dollar finally crashes [2016-07-31 04:53:45] elmorte : Art what price did that liqdn close? [2016-07-31 04:54:22] bernx : http://bravenewcoin.com/news/ethereum-analysis-eth-vs-etc-potential-parity [2016-07-31 05:01:48] laisee : bernx: hashrate has dropped for ETC since last week [2016-07-31 05:04:54] bernx : ETC only 6 day born [2016-07-31 05:04:59] bernx : ofc it will [2016-07-31 05:07:55] laisee : price dropping, hashrate dropping ... looks like ETC IS DEAD. [2016-07-31 05:17:12] BitMEX_Wally : http://slacknation.github.io/medium/13/13.html [2016-07-31 05:17:39] bernx : THEY SAID ITS DROPPING [2016-07-31 05:17:51] bernx : Why you broke he pony world? [2016-07-31 05:17:52] bernx : :( [2016-07-31 05:21:30] sharpie0101 : hmm so that was what caused the 20 usd drop in btc? [2016-07-31 05:22:04] ggwp : might have been selling [2016-07-31 05:22:39] sharpie0101 : yeah huge sell off at 10 pm eastern time [2016-07-31 05:27:51] mike1000 : Which exchange starts the move and the rest follow? finex? china? Or one (big player) needs to sell on several exchanges at the same time to cause a drop? [2016-07-31 05:27:54] sharpie0101 : good time to buy etc [2016-07-31 05:28:14] sharpie0101 : mike, a big move ccan happen on any market [2016-07-31 05:28:32] sharpie0101 : there are intermarket boundaries which make oppertunity for arbitrage [2016-07-31 05:28:39] zanza : might of been a Finex dump [2016-07-31 05:28:47] ggwp : sharpie0101: for bots [2016-07-31 05:28:55] sharpie0101 : it is individuals who take advantage of arbitrage who equlize inter-market boundraies [2016-07-31 05:29:08] ggwp : zanza: what's this "migh of" trend about? [2016-07-31 05:29:13] ggwp : might of [2016-07-31 05:29:34] sharpie0101 : i follow gdax [2016-07-31 05:29:39] ggwp : I find it interesting [2016-07-31 05:31:45] sharpie0101 : also ethereum classic isn't even traded on gdax officiaally as of yesterday [2016-07-31 05:36:19] sharpie0101 : it may have been speculation on etc actually, the decline in price may have cause a large move from btc (low pperformance lately) to etc for a speculative buy back [2016-07-31 05:37:46] elmorte : Etc moved fck all though [2016-07-31 05:48:35] sharpie0101 : ah crypto currency, the hybrid bubble [2016-07-31 05:49:01] sharpie0101 : we don't know what it is, but we know who has them and who doesn't [2016-07-31 05:50:03] ggwp : hybrid bubble? [2016-07-31 05:50:14] sharpie0101 : like a normal bubble, speculation [2016-07-31 05:50:28] sharpie0101 : what can someone actually buy with a btc? [2016-07-31 05:50:45] sharpie0101 : but it can't pop at the expense of liquidity [2016-07-31 05:51:16] sharpie0101 : say i have a house im asking way too much for, you can go and build that house for less [2016-07-31 05:51:28] sharpie0101 : so a housing bubble can pop [2016-07-31 05:52:02] sharpie0101 : but a crypto-currency bubble doesn't have to pop because simply there is no way to get the currency with out buying it, at the sellers price [2016-07-31 05:52:19] ggwp : lol what? [2016-07-31 05:52:25] ayy_lmao : people just have to stop using it [2016-07-31 05:52:25] ayy_lmao : lol [2016-07-31 05:52:27] ggwp : MINING? [2016-07-31 05:52:27] sharpie0101 : with exception to to etc [2016-07-31 05:52:41] ggwp : what's mining right? [2016-07-31 05:52:42] sharpie0101 : ayy-lmao, nobody is using it [2016-07-31 05:52:50] ayy_lmao : traders are [2016-07-31 05:52:57] sharpie0101 : btc mining reward halved [2016-07-31 05:53:01] sharpie0101 : 12 btc [2016-07-31 05:53:22] sharpie0101 : thats speculation ayy_lmao [2016-07-31 05:53:33] sharpie0101 : using the currency for the hope of profiting from using it [2016-07-31 05:53:34] ayy_lmao : how is that speculation [2016-07-31 05:53:48] ayy_lmao : the only reason btc is at $650 is because of traders [2016-07-31 05:53:52] sharpie0101 : nobody takes crypto currency still [2016-07-31 05:54:01] sharpie0101 : yes ayy [2016-07-31 05:54:25] ayy_lmao : oh i read your sentence wrong [2016-07-31 05:55:21] sharpie0101 : my point though is that it can't pop the same way [2016-07-31 05:56:00] sharpie0101 : if everyone refused to sell 1btc for less than 1 million dollars, there would be no other way to get them than to cough up the 1 million dollars [2016-07-31 05:56:14] ggwp : sharpie0101: wrong [2016-07-31 05:56:22] sharpie0101 : sure liquidity of btc would go away [2016-07-31 05:56:42] sharpie0101 : however, there is no back door to just aquire btc with out having to pay for it [2016-07-31 05:56:49] sharpie0101 : such aas with the housing market [2016-07-31 05:57:10] sharpie0101 : ggwp, yes you could mine them [2016-07-31 06:07:31] REKT : Liquidated short on `ETC7D`: Buy 40 @ 0.002621 [2016-07-31 06:07:31] REKT : Liquidated short on `ETC7D`: Buy 15 @ 0.002629 [2016-07-31 06:08:01] sharpie0101 : :) [2016-07-31 06:09:49] zanza : Polo trollbox is so busy [2016-07-31 06:10:40] zanza : BitMEX_Wally: you guys should merge with Polo, to provide leverage trading with their currency service [2016-07-31 06:12:28] ayy_lmao : how would that work [2016-07-31 06:15:08] bernx : i prefer not trade on polo, due 2.5x margin [2016-07-31 06:15:55] ayy_lmao : you are also trading real ethereum on polo [2016-07-31 06:26:26] BitMEX_Wally : We are doing deals with spot exchanges to offer our products [2016-07-31 06:26:39] BitMEX_Wally : For example you can trade XBJ24H from Quoine.com [2016-07-31 06:36:15] micmix : BitMEX_Wally: could you share how much volume is coming from Quoine compared to BitMEX directly? [2016-07-31 06:37:52] micmix : approx percentage? [2016-07-31 06:40:14] jesperf : aww man, I shouldn't trade bitcoin [2016-07-31 06:40:43] micmix : you should, it's the best thing ever! [2016-07-31 06:41:19] jesperf : I enter a long and go to bed. boom, ten minutes later it crashes [2016-07-31 06:41:50] zanza : jesperf: can you message me before you make your next purchase? [2016-07-31 06:42:42] jesperf : zanza: I could probably make more money on trading advice, because it has happened many many times [2016-07-31 06:49:19] zanza : I think God is telling you to stop trading [2016-07-31 06:49:25] jesperf : I should have known better, it's been looking shady the last couple of days [2016-07-31 06:51:14] jesperf : there is no fucking god, this is all market manipulation [2016-07-31 06:53:36] jesperf : people who believe in a god should be locked in a sanatorium [2016-07-31 06:54:01] ggwp : Bitcoin is god [2016-07-31 06:54:49] jesperf : I pledge my allegiance to the all powerful Satoshi Nakamoto, kudasai [2016-07-31 06:56:00] ggwp : senpai [2016-07-31 06:56:29] jesperf : notice me [2016-07-31 07:03:47] jesperf : well guys, short some more, because I added to my long and I'm going to bed again [2016-07-31 07:03:58] zanza : thanks [2016-07-31 07:04:01] zanza : opening short [2016-07-31 07:04:27] jesperf : should be profitable in 10-15 minutes [2016-07-31 07:04:53] zanza : my kids are counting on i [2016-07-31 07:04:58] zanza : it [2016-07-31 07:06:45] ggwp : shorts gun get rekt [2016-07-31 07:07:19] ggwp : why short on ascending triangle? [2016-07-31 07:07:22] ggwp : an [2016-07-31 07:08:56] zanza : caus im reverse jesperf [2016-07-31 07:09:47] ggwp : kool [2016-07-31 07:14:37] bernx : shorts what? [2016-07-31 07:16:56] bernx : Mark price 254, while on polo it's 260. wtf? [2016-07-31 07:17:04] ayy_lmao : yah idk [2016-07-31 07:17:06] ayy_lmao : lol [2016-07-31 07:17:33] bernx : there is 2577. wtf lol realy [2016-07-31 07:18:35] ayy_lmao : its a combo of contract price and polo price [2016-07-31 07:18:40] ayy_lmao : https://www.bitmex.com/app/fairPriceMarking [2016-07-31 07:21:34] bernx : still unreal [2016-07-31 07:21:56] bernx : 261+ and 257here. but still 245 [2016-07-31 07:22:42] ayy_lmao : yah [2016-07-31 07:52:47] bernx : 7200 btc buy support @polo [2016-07-31 07:53:09] wow such volatility : etc will pump today [2016-07-31 07:54:47] bernx : na [2016-07-31 08:32:07] jonny : wow such volatility: no doge coin will [2016-07-31 08:36:34] rapidtrades : support move the mark on sept [2016-07-31 09:18:05] blackwhite : are we going to have dpe? [2016-07-31 09:18:08] sleger : they have to stop manipulating sept to save some longs [2016-07-31 09:27:07] jesperf : sleger!! why does rapidtrades always talk about you? is he in love with you? [2016-07-31 09:39:22] elmorte : what? he didn't mention him the whole day [2016-07-31 10:05:51] REKT : Liquidated long on `XBTU16`: Sell 50 @ 691.83 [2016-07-31 10:12:31] REKT : Liquidated short on `ETC7D`: Buy 2700 @ 0.002785 [2016-07-31 10:16:36] REKT : Liquidated short on `ETC7D`: Buy 150 @ 0.002833 [2016-07-31 12:27:16] NickBit : Does bitmex allow partial closing of positions? [2016-07-31 12:27:41] Adura : Manually, sure. [2016-07-31 12:28:13] jonny : but forces liquidation is all in one?:D [2016-07-31 12:28:18] jonny : *forced [2016-07-31 12:28:28] NickBit : but it says I have insufficient balance [2016-07-31 12:28:31] NickBit : -,- [2016-07-31 12:28:46] NickBit : I got like 785 short, I just want to close 40 positions [2016-07-31 12:28:53] NickBit : i go 40 long, and it says insufficient balance [2016-07-31 12:28:54] NickBit : lel [2016-07-31 12:33:47] BitMEX_Wally : You can partially close a position, but you can't close it at a loss greater than your account balance [2016-07-31 12:34:13] BitMEX_Wally : Try putting a lower price on your buy order [2016-07-31 12:35:32] NickBit : opps, ok got it [2016-07-31 12:39:40] NickBit : 1 more question if PNL is based on mark price. but contracts are closed on bid / ask price, how is it an accurate representation? [2016-07-31 12:40:14] BitMEX_Wally : NickBit: The problem might have been because you had another Close order open at the time, now you have canceled that the buy order should be fine [2016-07-31 12:40:57] BitMEX_Wally : Unrealised PNL is based on the mark price, but Realised PNL is based on the traded price [2016-07-31 12:41:23] BitMEX_Wally : We use the mark price to prevent manipulation and people triggering cascading liquidations [2016-07-31 13:28:31] bernx : BitMEX_Wally: there was a realy nice to see 238, while polo was 250 and there last deal price was 247 [2016-07-31 14:56:37] REKT : Liquidated long on `ETHXBT`: Sell 168 @ 0.01889 [2016-07-31 14:57:52] REKT : Liquidated long on `ETHXBT`: Sell 1500 @ 0.01882 [2016-07-31 14:58:52] REKT : Liquidated long on `ETHXBT`: Sell 150 @ 0.01876 [2016-07-31 15:01:07] REKT : Liquidated long on `ETHXBT`: Sell 50 @ 0.01860 [2016-07-31 15:41:06] mike1000 : BitMEX_Wally: how do I place a trailing stop order that becomes active (starts watching price moves) only if price reaches some threshold? Like "Trailing Stop Stop". [2016-07-31 15:41:58] mike1000 : Or "Stop Trailing Stop" if you like it better :) [2016-07-31 15:42:20] NickBit : Damn the order book spread is too big on bitmex [2016-07-31 15:42:29] NickBit : It doesn't really coorelate to the mark price :( [2016-07-31 15:43:15] nip : NickBit: check out the 30 Sep contract [2016-07-31 15:45:23] REKT : Liquidated long on `ETHXBT`: Sell 100 @ 0.01836 [2016-07-31 15:45:42] NickBit : how do I choose it [2016-07-31 15:46:08] BitMEX_Wally : mike1000: Not possible at the moment, but could you probably use the API to place a OneTriggersTheOther order that does it [2016-07-31 15:49:19] mike1000 : BitMEX_Wally: can you give me sample request parameters for OneTriggersTheOther? [2016-07-31 15:50:10] NickBit : how do I select the 30sep contract [2016-07-31 15:53:37] REKT : Liquidated short on `ETC7D`: Buy 39 @ 0.002940 [2016-07-31 15:59:17] REKT : Liquidated short on `ETC7D`: Buy 441 @ 0.003015 [2016-07-31 16:20:28] jesperf : hmm, I don't think my vaccination shot is working [2016-07-31 16:20:46] jesperf : I would have been a lot happier not knowing about the stuff going on over at polo [2016-07-31 16:24:30] NickBit : anyone know how to change contract date? [2016-07-31 16:24:39] NickBit : or is it not possible [2016-07-31 16:24:54] Chimpindeed : what the hells going on over at Polo? [2016-07-31 16:25:05] jesperf : NickBit: you click it [2016-07-31 16:25:10] jesperf : with your dick [2016-07-31 16:25:25] jesperf : Chimpindeed: they're doing that thing again with etc [2016-07-31 16:25:34] Chimpindeed : sheeesh [2016-07-31 16:26:14] Chimpindeed : They need to be clicked with more than my dick [2016-07-31 16:26:31] NickBit : Hey [2016-07-31 16:26:38] NickBit : This is not how you treat customers [2016-07-31 16:26:43] jesperf : :D [2016-07-31 16:26:55] Chimpindeed : Depends on the brothel i mean broker [2016-07-31 16:27:37] jesperf : NickBit: you should probably buy a smaller monitor if you can't find your way around here [2016-07-31 16:28:12] Chimpindeed : Or a bigger magnifier [2016-07-31 16:28:33] jesperf : NickBit: but it's quite simple. choose bitcoin and below that bar there is a second row with different contract versions [2016-07-31 16:30:01] jesperf : NickBit: we're just trolls though. not affiliated with bitmex in any way other than also being gambl.. I mean customers [2016-07-31 16:44:30] mike1000 : BitMEX_Wally: what are MarketIfTouched and LimitIfTouched order types? [2016-07-31 16:47:56] mike1000 : BitMEX_Wally: also if I use `OneTriggersTheOther` and my primary order should act only as a trigger and not be executed against market, should I set `OneCancelsTheOther` in a secondary order? [2016-07-31 17:37:40] mike1000 : Well, the only working option I made up is to add 1 contract to position in the primary stop order (quantity 0 is rejected) so it gets properly executed and only then triggers the secondary Trailing Stop. Kinda hacky. [2016-07-31 18:56:33] HELLO : can I move the etc to other adress? [2016-07-31 18:57:44] justinlooking : u can only deposit/withdraw btc here [2016-07-31 19:35:17] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 628.72 :punch: :whale: [2016-07-31 19:36:17] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 626.24 [2016-07-31 19:50:46] Pedro : i have etc in my xbt chart [2016-07-31 19:50:50] Pedro : i cant take it [2016-07-31 19:50:53] Pedro : :( [2016-07-31 19:56:54] Pedro : i have invalid symbo onm the chart [2016-07-31 19:56:58] Pedro : anyone has the same [2016-07-31 20:08:38] ayy_lmao : what time frame [2016-07-31 20:16:03] zanza : refresh [2016-07-31 20:16:59] mike1000 : Pedro: right-click on ETH chart and choose Hide [2016-07-31 20:56:01] donald576 : how do i get started [2016-07-31 20:58:21] jesperf : donald576: https://www.bitmex.com/app/tradingOverview [2016-07-31 20:58:56] donald576 : jesperf [2016-07-31 20:59:00] donald576 : thanks jesperf [2016-07-31 21:01:06] jesperf : reading up before you throw yourself into it is highly recommended [2016-07-31 21:01:16] jesperf : unless you feel like throwing away your bitcoins [2016-07-31 21:03:02] donald576 : little investment for trials [2016-07-31 21:04:47] jesperf : aww yiss, I've made 0.062 BTC on funding fees the last 12 hours [2016-07-31 21:06:50] donald576 : jesperf how.. any screenshots [2016-07-31 21:09:16] jesperf : donald576: I was being a bit sarcastic, but on certain contracts here there are funding fees to pay periodically. the purpose is to prevent contract prices from deviating too much from the underlying instrument [2016-07-31 21:09:44] jesperf : it's all in the documentation [2016-07-31 21:10:15] jesperf : read up and then learn by trying it out [2016-07-31 21:11:16] donald576 : thanks for the clarification [2016-07-31 21:11:17] donald576 : okay [2016-07-31 21:43:53] REKT : Liquidated short on `ETHXBT`: Buy 830 @ 0.01895 [2016-07-31 21:49:37] donald576 : what about bitcoins..long or short [2016-07-31 21:50:08] zanza : Hong Kong agreement violated [2016-07-31 21:50:11] zanza : price tank now? [2016-07-31 21:54:54] Roevenger : ETH overreacts so much to btc falls [2016-07-31 22:16:02] REKT : Liquidated long on `ETC7D`: Sell 226 @ 0.002827 [2016-07-31 22:16:02] REKT : Liquidated long on `ETC7D`: Sell 359 @ 0.002829 [2016-07-31 22:16:32] REKT : Liquidated long on `ETC7D`: Sell 2147 @ 0.002801 [2016-07-31 22:16:32] REKT : Liquidated long on `ETC7D`: Sell 10 @ 0.002809 [2016-07-31 22:16:32] REKT : Liquidated long on `ETC7D`: Sell 669 @ 0.002804 [2016-07-31 22:23:51] REKT : Liquidated long on `ETC7D`: Sell 1801 @ 0.002782 [2016-07-31 22:51:32] REKT : Liquidated long on `ETC7D`: Sell 5641 @ 0.002759 [2016-07-31 22:57:21] REKT : Liquidated long on `ETC7D`: Sell 1800 @ 0.002729 [2016-07-31 23:23:27] REKT : Liquidated long on `XBTUSD`: Sell 500 @ 624.83 [2016-07-31 23:26:32] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 623.33 [2016-07-31 23:26:32] REKT : Liquidated long on `XBTUSD`: Sell 635 @ 623.73 [2016-07-31 23:26:42] REKT : Liquidated long on `XBTUSD`: Sell 10617 @ 623.29 [2016-07-31 23:27:08] REKT : Liquidated long on `XBTUSD`: Sell 2200 @ 623.07 [2016-07-31 23:27:08] REKT : Abandon the ship! [2016-07-31 23:27:08] REKT : Liquidated long on `XBTUSD`: Sell 300 @ 622.83 [2016-07-31 23:27:08] REKT : Liquidated long on `XBTUSD`: Sell 2 @ 622.69 :punch: :whale: [2016-07-31 23:27:08] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 622.57 [2016-07-31 23:27:17] REKT : Liquidated long on `XBTUSD`: Sell 158409 @ 622.19 **REKTosaurus** :slot_machine: :moneybag: :fire: [2016-07-31 23:28:32] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 621.27 [2016-07-31 23:28:32] REKT : Liquidated long on `XBTUSD`: Sell 752 @ 621.58 [2016-07-31 23:32:07] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 621.08 :punch: :whale: [2016-07-31 23:32:22] REKT : Liquidated long on `XBTUSD`: Sell 1000 @ 620.72 [2016-07-31 23:32:22] REKT : Liquidated long on `XBTUSD`: Sell 4000 @ 620.90 [2016-07-31 23:32:47] REKT : Liquidated long on `XBTUSD`: Sell 2000 @ 620.58 [2016-07-31 23:32:47] REKT : Liquidated long on `XBTUSD`: Sell 15 @ 620.19 [2016-07-31 23:54:10] muirtastic : What carnage...long overdue [2016-07-31 23:55:07] bitbucks : how is the mark price calculated, median between bid and ask orders? [2016-08-01 00:14:12] BitMEX_Sam : See https://www.bitmex.com/app/fairPriceMarking [2016-08-01 00:42:13] Chimpindeed : zzzzz.... [2016-08-01 01:24:17] REKT : Liquidated long on `XBTUSD`: Sell 33000 @ 619.90 **MEGA-REKT** :boom: [2016-08-01 01:31:28] rapidtrades : if $610 pops...watch out bullz [2016-08-01 01:31:32] REKT : Liquidated long on `XBTUSD`: Sell 16400 @ 619.44 [2016-08-01 01:42:03] rapidtrades : alipay uses bitcoin chain for tracking [2016-08-01 01:42:07] REKT : Liquidated long on `XBTUSD`: Sell 700 @ 616.35 [2016-08-01 01:42:22] REKT : Liquidated long on `XBTUSD`: Sell 6500 @ 616.20 [2016-08-01 01:44:17] rapidtrades : where is everyone [2016-08-01 01:45:13] Chimpindeed : crying in their beer [2016-08-01 01:45:27] REKT : Liquidated long on `XBTUSD`: Sell 2704 @ 615.26 [2016-08-01 01:46:32] Chimpindeed : You get to talk to REKT as a default trader [2016-08-01 01:47:19] rapidtrades : QQQQQQQQ [2016-08-01 01:47:48] Chimpindeed : 10Q [2016-08-01 01:49:35] rapidtrades : it was 8 actually [2016-08-01 01:50:13] Chimpindeed : I dont know what the 8 Qs mean [2016-08-01 02:06:53] Chimpindeed : You cant hide your crying eyes Q_Q got it [2016-08-01 02:20:07] fineregex : BitMEX_Sam: Maintenance Margin and insurance contribution should be different amounts. Forced liquidation can start i portions at a 5%,10% or 20% mainteanance but insurance contribution does not need to be that much. [2016-08-01 02:40:57] muirtastic : I have had short bias for about a month or longer, so this was expected. I didn't profit enough on the move though. But condolences to longs. [2016-08-01 03:14:30] zanza : that Yuan [2016-08-01 04:22:10] yerb : guys if you want to join us in out Teamspeak check this out, we also have exchanges staff joining us from bitfinex, krakem, coinpit, BitMex and more.. https://whalepool.io/connect/teamspeak [2016-08-01 04:33:41] zanza : Discord > teamspeak [2016-08-01 05:49:52] REKT : Liquidated long on `ETHXBT`: Sell 300 @ 0.01884 [2016-08-01 05:58:01] sharpie0101 : so heard 5 chinese miners had meeting with btc devs which caused 20 dip yesterday, not sure how true sounds kinda like typical rumor [2016-08-01 06:13:36] REKT : Liquidated short on `ETC7D`: Buy 3500 @ 0.002921 [2016-08-01 06:39:09] laisee : sharpie0101: market doesn't believe the cartel will hold to its committments regarding TXN production limits [2016-08-01 07:11:52] REKT : Liquidated long on `ETHXBT`: Sell 327 @ 0.01847 [2016-08-01 07:20:20] zanza : Corestream just stalling to finish segwit, however blocks are already full and they look very unprepared [2016-08-01 07:21:00] zanza : they think miners will be on their side, due to increased fee market, but overall this will hurt Bitcoin adopt if blocks are full [2016-08-01 07:25:22] REKT : Liquidated long on `ETHXBT`: Sell 50 @ 0.01836 [2016-08-01 07:39:57] dharmabum : Hi Bitmex team. https://www.bitmex.com/app/seriesGuideETH is 404. [2016-08-01 07:45:19] BitMEX_Jinming : dharmabum: It should be https://www.bitmex.com/app/seriesGuide/ETH where did you see the wrong address? [2016-08-01 07:47:06] REKT : Liquidated short on `ETC7D`: Buy 41 @ 0.003083 [2016-08-01 07:48:33] rapidtrades : eth dying and etc rising [2016-08-01 08:13:32] REKT : Liquidated short on `ETC7D`: Buy 300 @ 0.003231 [2016-08-01 08:29:00] ayy_lmao : damn [2016-08-01 08:29:03] ayy_lmao : rip etc shorts [2016-08-01 08:33:36] REKT : Liquidated long on `ETC7D`: Sell 25 @ 0.003322 [2016-08-01 08:43:39] dharmabum : BitMEX_Jinming: bottom link on https://www.bitmex.com/app/seriesGuide/ETC [2016-08-01 08:44:04] dharmabum : BitMEX_Jinming: actually bottom two links on that page. [2016-08-01 08:45:32] dharmabum : BitMEX_Jinming: well, before the ETH if you get me. [2016-08-01 08:47:43] BitMEX_Jinming : dharmabum: Thank you, we will correct it:) [2016-08-01 08:48:49] dharmabum : BitMEX_Jinming: :-) [2016-08-01 09:06:16] rapidtrades : guys don't fite [2016-08-01 09:06:39] rapidtrades : when does the haxxor get this coinz [2016-08-01 09:31:34] ayy_lmao : don't know but It won't be easy trying to sell it [2016-08-01 09:31:40] ayy_lmao : have fun getting blacklisted [2016-08-01 09:39:23] rapidtrades : blacklisted by who? the whole point of etc is for that not to happen [2016-08-01 09:40:20] fineregex : rapidtrades: etc has no point besides [2016-08-01 09:40:25] fineregex : that is confirmes that [2016-08-01 09:40:36] fineregex : 2/3 of eth volume was shady [2016-08-01 09:40:42] fineregex : and is now gone for good [2016-08-01 09:40:58] rapidtrades : what's gone for good [2016-08-01 09:41:01] fineregex : *it [2016-08-01 09:41:03] fineregex : the volume [2016-08-01 09:41:11] rapidtrades : how can u tell [2016-08-01 09:41:11] fineregex : it was unnatrual since a while [2016-08-01 09:41:35] fineregex : compare marketcap / volume [2016-08-01 09:41:42] fineregex : for bitcoin ,ethereum and so on [2016-08-01 09:41:46] fineregex : no it is more healthy [2016-08-01 09:42:01] fineregex : some of the the pump and dump spam is gone [2016-08-01 09:42:04] fineregex : *now [2016-08-01 09:42:14] fineregex : for etc [2016-08-01 09:44:29] ayy_lmao : rapidtrades thats an opinion [2016-08-01 09:44:36] ayy_lmao : exchanges can do whatever they want [2016-08-01 09:44:56] ayy_lmao : the whole point of etc is to stop devs from censoring blockchain [2016-08-01 09:45:02] ayy_lmao : central services can do whatever [2016-08-01 09:45:13] ayy_lmao : btc-e has done it before and so have other exchanges with btc [2016-08-01 09:45:58] ayy_lmao : i highly doubt polo would allow darkdao etc to be sent to their exchange [2016-08-01 09:46:05] ayy_lmao : it would be financial suicide on their part imho [2016-08-01 09:48:11] ayy_lmao : but that is my 'opinion' [2016-08-01 10:37:40] rapidtrades : what exchanges have 'censored' bitcoin? proofs? [2016-08-01 10:52:27] jesperf : kraken got audited in 2014 and bragged a shitload about it [2016-08-01 10:52:43] jesperf : what's the point if you're not audited at least annually [2016-08-01 10:53:40] jesperf : seems I'm repeating my mistakes from ETH with ETC [2016-08-01 10:53:50] jesperf : every time I short it skyrockets [2016-08-01 11:00:52] rapidtrades : bragged about what? [2016-08-01 11:29:07] fineregex : so 35000 ETC short, good one [2016-08-01 11:29:40] jesperf : that's ballsy [2016-08-01 11:30:20] fineregex : is it you? [2016-08-01 11:30:25] fineregex : im the 765 [2016-08-01 11:30:29] fineregex : order [2016-08-01 11:30:35] jesperf : hell no [2016-08-01 11:30:47] jesperf : if I gamble with 1 BTC I get sweaty palms [2016-08-01 12:38:59] esuvari : anyone from bitmex here? [2016-08-01 12:42:07] ste0024 : only Withdrawal in BTC is possible here ? [2016-08-01 12:42:19] johndoe : yes [2016-08-01 12:42:31] johndoe : deposit/withdrawal = BTC only [2016-08-01 12:42:49] ste0024 : Withdrawal ETC not possible [2016-08-01 12:42:52] ste0024 : ok [2016-08-01 12:42:59] ste0024 : thanks [2016-08-01 12:44:22] esuvari : so if you close an ETC contract [2016-08-01 12:44:27] esuvari : before the settlement [2016-08-01 12:44:29] esuvari : in profit. [2016-08-01 12:44:39] esuvari : how long does it take the profit in your wallet? [2016-08-01 12:44:58] esuvari : do you wait Friday? or do you have it by 15:00 like the perpetual contracts? [2016-08-01 12:45:59] johndoe : not sure. i'd guess that it would be daily, but i don't know [2016-08-01 12:49:42] BitMEX_Wally : We unlock 50% of your realised profit at the end of each 8 hour session, and then unlock 100% on Friday when the contract settles [2016-08-01 12:51:47] esuvari : ok thanks [2016-08-01 12:59:27] ayy_lmao : 8hr based on traditional funding times right? [2016-08-01 12:59:37] ayy_lmao : regarding etc contract? [2016-08-01 13:02:05] BitMEX_Wally : Yes, 12:00, 20:00, 04:00 UTC [2016-08-01 13:08:36] ayy_lmao : last question, does dpe get adjusted during those times or only on settlment [2016-08-01 13:08:58] ayy_lmao : was trying to find that in the reference [2016-08-01 13:09:42] ayy_lmao : nevermind, i think i found it [2016-08-01 13:16:08] BitMEX_Wally : DPE (if any) for ETC7D would be at settlement [2016-08-01 13:31:01] rapidtrades : what why [2016-08-01 13:32:14] BitMEX_Wally : Because ETC7D does not rebalance daily [2016-08-01 13:32:28] BitMEX_Wally : We'll probably replace ETC7D with ETCXBT at some point if ETC is still popular [2016-08-01 13:36:10] rapidtrades : kinda hard to keep track of all these different rules [2016-08-01 13:42:46] BitMEX_Wally : Yes, so it's simpler if they're all swaps [2016-08-01 13:43:24] BitMEX_Wally : We are looking at moving to automatic deleveraging, instead of DPE, so this will get rid of rebalancing, profit adjustment, withheld profit etc, and should help simplify [2016-08-01 13:51:45] sleger : and its name shall be sleger's deleveraging [2016-08-01 13:52:23] mike1000 : What is deleveraging? Partially selling to decrease leverage? [2016-08-01 14:03:42] BitMEX_Wally : It means that if the is a liquidation order that is unfilled, then instead of DPE we reduce positions that are in profit to close out the liquidation order [2016-08-01 14:04:19] rapidtrades : do the guys who have their orders closed get stuck with the DPE [2016-08-01 14:04:28] BitMEX_Wally : Deleveraging is instead of DPE [2016-08-01 14:04:40] bitbucks : Etc isn't going away soon [2016-08-01 14:05:03] BitMEX_Wally : So rather than adjusting profits, we close profitable positions [2016-08-01 14:05:34] ayy_lmao : into the order right? [2016-08-01 14:05:44] BitMEX_Wally : Yes [2016-08-01 14:13:10] REKT : Liquidated short on `ETC7D`: Buy 6363 @ 0.003566 [2016-08-01 14:19:14] justinlooking : how would you choose which positions to close? [2016-08-01 14:20:47] BitMEX_Sam : Draft document at https://testnet.bitmex.com/app/autoDeleveraging @justinlooking [2016-08-01 14:20:54] justinlooking : oof! ty [2016-08-01 14:21:52] BitMEX_Sam : Essentially the system will weight by highest leverage and profit [2016-08-01 14:22:13] YM : why I can not use 20x laverage?? [2016-08-01 14:22:21] BitMEX_Sam : And we'll display on the dashboard which quintile your position is in, so you can make the decision to lower your leverage to move to a lower priority [2016-08-01 14:22:25] BitMEX_Sam : YM: Which contract? [2016-08-01 14:41:17] esuvari : wtf with the etc price? [2016-08-01 14:41:29] justinlooking : full retard mode enabled [2016-08-01 14:41:29] esuvari : market is 3530 and here it's 3688??? [2016-08-01 14:41:40] haxmb : ez money [2016-08-01 14:41:54] esuvari : liquidation takes into account the mark price is it not? [2016-08-01 14:42:00] BitMEX_Sam : Yes [2016-08-01 14:42:10] esuvari : but that's stop hunting [2016-08-01 14:42:25] BitMEX_Sam : I don't follow [2016-08-01 14:42:39] BitMEX_Sam : The mark price is determined by the underlying asset's price + basis [2016-08-01 14:43:19] esuvari : what constitutes the basis? [2016-08-01 14:43:50] BitMEX_Sam : Liquidity on the market - we use something we call Impact pricing that's detailed here: https://www.bitmex.com/app/fairPriceMarking#weighted-bid-ask-and-mid-price [2016-08-01 14:43:56] BitMEX_Sam : it's built to resist manipulation [2016-08-01 14:45:20] esuvari : I cannot rationalize 170 pips difference [2016-08-01 14:46:23] BitMEX_Sam : The market is not always rational [2016-08-01 14:46:31] BitMEX_Sam : The calculation is clear to see. [2016-08-01 14:46:38] BitMEX_Wally : The bid price is 0.003603 [2016-08-01 14:46:42] BitMEX_Wally : So if you think that's too high, sell into it :) [2016-08-01 14:46:51] haxmb : The market can stay irrational longer than you can stay solvent [2016-08-01 14:46:56] haxmb : ^_^ [2016-08-01 14:48:22] esuvari : nope, I'm talking about the difference between the market price and bitmex "fair" price [2016-08-01 14:48:41] justinlooking : esuvari: mark price is not market price [2016-08-01 14:48:49] BitMEX_Wally : The fair price is adjusted to match where the ETC7D market price is [2016-08-01 14:49:10] haxmb : BitMEX_Wally: any plans to turn ETC7D into a continuous swap? [2016-08-01 14:49:30] BitMEX_Wally : haxmb: Yes, if Poloniex enable margin trading [2016-08-01 14:49:33] haxmb : 4x the ETHBTC volume [2016-08-01 14:49:38] haxmb : ah cool [2016-08-01 14:49:45] haxmb : can't use bitfinex FRR? [2016-08-01 14:50:12] BitMEX_Wally : It's more for market makers who want to hedge a long swap position, need to short it [2016-08-01 14:50:38] haxmb : yes plz :D [2016-08-01 16:22:37] REKT : Liquidated long on `ETC7D`: Sell 40810 @ 0.003475 **MEGA-REKT** :boom: [2016-08-01 16:23:44] wingman : mega rekt [2016-08-01 16:23:45] wingman : lol [2016-08-01 16:25:02] REKT : Liquidated long on `ETC7D`: Sell 6000 @ 0.003390 [2016-08-01 16:25:37] REKT : Liquidated long on `ETC7D`: Sell 22770 @ 0.003351 **MEGA-REKT** :boom: [2016-08-01 16:25:57] ayy_lmao : lmao [2016-08-01 16:26:00] ayy_lmao : god damn [2016-08-01 16:31:35] wingman : beautiful [2016-08-01 16:34:03] rapidtrades : wait a min...40k and no DPE [2016-08-01 16:34:51] ayy_lmao : shhh [2016-08-01 16:35:30] ayy_lmao : it got filled no? [2016-08-01 16:35:56] ayy_lmao : that dude must have did all in 5x lmao [2016-08-01 16:36:00] ayy_lmao : 10x [2016-08-01 16:37:14] rapidtrades : big strange to see a liq that high on 10x [2016-08-01 16:40:40] ayy_lmao : max risk limit is 250xbt [2016-08-01 16:49:33] BitMEX_Sam : It can be adjusted higher than 250 XBT if you're willing to put up more MM [2016-08-01 16:54:24] willybot : this site bout to get a whole lot bigger [2016-08-01 17:12:16] BitMEX_Sam : willybot: :+1: :tada: [2016-08-01 17:18:15] Bacon futures trader : risk limit something new? [2016-08-01 17:19:15] willybot : margin trading cryptocurrencies with 10x leverage. What a world huh [2016-08-01 17:19:34] haxmb : willybot: 33x on ETH [2016-08-01 17:20:03] willybot : lovely [2016-08-01 17:20:34] willybot : when the liquidity picks up I will have some gun [2016-08-01 17:21:02] haxmb : a lot of those 1500 walls come back almost instantly at a small premium [2016-08-01 17:38:02] pgpenc : 1500 aint a wall ;) [2016-08-01 17:41:09] BitMEX_Sam : Bacon futures trader: Yes, it's a new feature to ease heavy liquidations [2016-08-01 17:42:16] REKT : Liquidated long on `XBJ24H`: Sell 10000 @ 63362.0 [2016-08-01 17:46:58] TA : haxmb: short? [2016-08-01 17:48:36] nip : dpe on the 30 Sep contract [2016-08-01 17:50:43] justinlooking : imagine there's plenty more where that came from [2016-08-01 17:52:27] nip : its because they manually adjust the mark price for the contract [2016-08-01 17:52:55] nip : and they didnt liquidate someone soon enough [2016-08-01 17:53:19] pgpenc : try RTFM!!!! [2016-08-01 17:53:50] pgpenc : i.e.: they don't manually adjust ;) [2016-08-01 17:54:36] nip : pgpenc: they manually adjust that contract only [2016-08-01 17:54:59] pgpenc : cf: the 'fair price' information [2016-08-01 17:55:24] rapidtrades : BitMEX_Sam: oh friday the DPE fpr sept clears? not rolling like swap? [2016-08-01 17:55:28] rapidtrades : on* [2016-08-01 17:55:35] BitMEX_Sam : Yes rebalances on quarterlies are weekly [2016-08-01 17:55:59] nip : i warned this would happen for about 2 weeks. looks like they finally put mark within the spread within the last day or so [2016-08-01 17:56:07] rapidtrades : but liq will be gone after friday right @BitMEX_Sam [2016-08-01 17:56:29] BitMEX_Sam : The liq doesn't automatically clear, it could remain after Friday [2016-08-01 17:56:46] rapidtrades : just moved to mark or what? [2016-08-01 17:58:43] BitMEX_Sam : It stays where it is [2016-08-01 18:03:16] fineregex : BitMEX_Sam: im still looking for an answer in "Maintenance margin" is NOT = loss/insurance contribution. No, this is not written clearly in the details of any contract, Yes, 5,10 or 20% is way too much. No, the insurance fund is not any transparent, it is not listing funds by contract or the bitcoin address. Last but not least this is not fair for contracts that settle, through hedgeing. [2016-08-01 18:04:02] justinlooking : rapid, yes it will move to mark on friday. Sam ??? [2016-08-01 18:04:04] fineregex : And it is not fair to trigger it for big orders by momentary spikes that just a last a single order or splitsecond at the pricing source but never even reached a fraction of the size of the order [2016-08-01 18:04:19] nip : BitMEX_Sam: it should move to mark [2016-08-01 18:04:55] BitMEX_Sam : justinlooking: nip: No, it will not move to mark, doing so would cost more funds and create more DPE [2016-08-01 18:05:02] BitMEX_Sam : Moving the order downward costs money, that money needs to come from somewhere [2016-08-01 18:05:22] justinlooking : so what is the estimated 3.86% dpe for? [2016-08-01 18:05:25] nip : so if we get charged dpe, where does that money go? [2016-08-01 18:05:28] nip : exactly [2016-08-01 18:05:41] justinlooking : u can't have it all ways :P [2016-08-01 18:05:47] nip : also, i asked every day for about 2 weeks that mark be fixed and i was ignored