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

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

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2016-08-02 22:22:30] zanza : Finex should have just bought this site a while back
[2016-08-02 22:22:37] zanza : they do so much volume
[2016-08-02 22:23:09] zanza : and manual withdrawal once per day is so much more secure
[2016-08-02 22:23:27] REKT : Liquidated long on `XBTUSD`: Sell 9900 @ 539.11
[2016-08-02 22:23:30] MrRGnome : zanza: It's not really... It wouldn't protect from the bfx kind of attack
[2016-08-02 22:23:37] MrRGnome : It helps with account breaches
[2016-08-02 22:23:44] MrRGnome : But not private key theft and server compromise
[2016-08-02 22:23:59] BitMEX_Sam : MrRGnome: It does, actually, since there are not private keys on any server
[2016-08-02 22:24:09] justinlooking : i'd like to think keys are air gapped at min here
[2016-08-02 22:24:11] MrRGnome : How is that possible? @BitMEX_Sam
[2016-08-02 22:24:28] MrRGnome : How do you sign transactions? Entirely offline? So only way to steal would be an inside job?
[2016-08-02 22:24:31] BitMEX_Sam : All withdrawals must be manually approved by a majority of partners. Even if someone were to compromise our database, our internal risk checks & audits would immediately uncover any tinkering with balances or positions
[2016-08-02 22:24:34] wurstgelee : sign transaction on offline pc
[2016-08-02 22:24:38] BitMEX_Sam : MrRGnome: Yes, entirely offline, inside job is the only way
[2016-08-02 22:25:09] BitMEX_Sam : People ask us all the time why we do withdrawals only 1x per day - today is a perfect example of why
[2016-08-02 22:25:43] MrRGnome : Very neat. Thanks @BitMEX_Sam . Have you ever considered giving your users one of those private keys? I sure would feel good knowing no one could steal my funds without a key I held
[2016-08-02 22:26:04] jesperf : security > convenience
[2016-08-02 22:26:12] justinlooking : key management is hard
[2016-08-02 22:26:12] BitMEX_Sam : It wouldn't do much good without a very complex nlocktime-style setup where the second signature would unlock itself after a period
[2016-08-02 22:26:18] kogroken : BitMEX_Sam: Really appreciate your security model, thanks for taking the time to handle things manually
[2016-08-02 22:26:22] BitMEX_Sam : It still wouldn't protect you from an insider job
[2016-08-02 22:26:45] BitMEX_Sam : If we went the nlocktime route, we'd have to manually and time-consumingly rotate keys before the time expired while we were still solvent
[2016-08-02 22:26:59] BitMEX_Sam : Which itself would become a large potential point of exploitation as we would effectively be signing all addresses at once
[2016-08-02 22:28:02] BitMEX_Sam : Suppose a theoretical 2-of-2 multisig setup where the customer held one key, and the user held the other - this would have serious problems as soon as any trades executed
[2016-08-02 22:28:03] MrRGnome : Yeah nlocktime that's a bad solution obviously. It sounds like you're somewhat hamstrung by your current holding setup all using the same keys, making any kind of substantial restructuring not worth the limited gain.
[2016-08-02 22:28:16] BitMEX_Sam : Let's say customer A goes long, customer B goes short, and customer A loses all his money to B
[2016-08-02 22:28:27] BitMEX_Sam : A decides not to sign any txs so he doesn't lose his BTC
[2016-08-02 22:28:50] BitMEX_Sam : So that couldn't work as a 2-of-2 system. A 2-of-3 system where the exchange holds both keys means yet again, you just have to trust the exchange
[2016-08-02 22:28:55] MrRGnome : I would imagine that the act of commiting a trade would necessarily require a transaction with your pk if that was the setup
[2016-08-02 22:29:29] BitMEX_Sam : Believe me, if there were a way we could wash our hands of the risk of holding customer deposits, we would. We do the best we can, and for us that means at least two sets of eyes on every withdrawal.
[2016-08-02 22:30:17] MrRGnome : Well it seems to work well.
[2016-08-02 22:30:25] MrRGnome : We appreciate your dilligence.
[2016-08-02 22:30:52] zanza : yeah, hold your ground with once per day slow withdrawal. Even longer time wouldn't even be a bad idea
[2016-08-02 22:31:07] REKT : Liquidated short on `ETHXBT`: Buy 20 @ 0.01453
[2016-08-02 22:31:10] zanza : you can never underestimate the cleveness of hacker
[2016-08-02 22:31:31] JorgeR : Jesus, it's like someone threw BTC in a blender
[2016-08-02 22:31:59] MrRGnome : I like the slow withdrawal, protects a lot from account breach. I just wish that in a perfect world with a perfect blockchain I'd be able to hold a key to my unleveraged and untraded holdings.
[2016-08-02 22:32:01] REKT : Liquidated long on `XBTU16`: Sell 8222 @ 582.68
[2016-08-02 22:34:18] REKT : Liquidated long on `XBTUSD`: Sell 5000 @ 536.11
[2016-08-02 22:34:42] REKT : Liquidated long on `XBTUSD`: Sell 30 @ 534.33
[2016-08-02 22:35:17] REKT : Liquidated long on `XBTU16`: Sell 220 @ 573.77
[2016-08-02 22:35:53] REKT : Liquidated long on `XBTUSD`: Sell 131 @ 528.60
[2016-08-02 22:35:53] REKT : :roller_coaster: :chart_with_downwards_trend: :japanese_goblin:
[2016-08-02 22:36:08] REKT : Liquidated long on `XBTUSD`: Sell 5000 @ 528.14
[2016-08-02 22:36:51] ax : feels pretty bad to be wiped out. dunno if i should buy back into bitcoin, so expensive now
[2016-08-02 22:37:19] wurstgelee : wiped out due to finex?
[2016-08-02 22:37:27] ax : nah got too gambly
[2016-08-02 22:37:37] REKT : Liquidated long on `ETC7D`: Sell 500 @ 0.005462
[2016-08-02 22:37:37] REKT : Liquidated long on `ETC7D`: Sell 10 @ 0.005529
[2016-08-02 22:37:37] REKT : Liquidated long on `ETC7D`: Sell 10 @ 0.005451
[2016-08-02 22:38:02] REKT : Liquidated long on `ETC7D`: Sell 1000 @ 0.005356
[2016-08-02 22:38:05] sharpie0101 : bitcoin price always been volitile
[2016-08-02 22:38:15] wurstgelee : lol
[2016-08-02 22:38:18] REKT : Liquidated long on `ETC7D`: Sell 7486 @ 0.005093
[2016-08-02 22:38:23] wurstgelee : everything dumping ladies and gentlemen
[2016-08-02 22:38:23] CrazyEarner : here somes the shorts
[2016-08-02 22:38:32] REKT : Liquidated long on `ETC7D`: Sell 700 @ 0.005071
[2016-08-02 22:38:34] CrazyEarner : MrRGnome: ill make you happy :P
[2016-08-02 22:38:37] REKT : Liquidated long on `ETC7D`: Sell 140 @ 0.005033
[2016-08-02 22:39:37] zanza : ETC is pure rollercoaster
[2016-08-02 22:39:41] wurstgelee : yep
[2016-08-02 22:39:47] wurstgelee : catched a knife at 51 tho
[2016-08-02 22:39:49] justinlooking : lollercoaster
[2016-08-02 22:39:54] zanza : Poloniex peeps going insane over this
[2016-08-02 22:39:56] REKT : Liquidated short on `XBTUSD`: Buy 4886 @ 530.79
[2016-08-02 22:40:12] rapidtrades : finex lost 100k bitcoins
[2016-08-02 22:40:14] rapidtrades : not kidding
[2016-08-02 22:40:27] zanza : yea, they will probably be shutting down
[2016-08-02 22:40:31] ax : 119,756btc.
[2016-08-02 22:40:34] ax : jezus
[2016-08-02 22:40:34] zanza : can't really recover from that
[2016-08-02 22:40:39] rapidtrades : nope
[2016-08-02 22:40:50] zanza : get ready for new influx BitMEX_Sam
[2016-08-02 22:41:07] rapidtrades : fuck
[2016-08-02 22:41:10] wurstgelee : ax: ouch
[2016-08-02 22:41:15] rapidtrades : fuuuuuuuuuuuuuuuuuccl
[2016-08-02 22:41:26] wurstgelee : ax: so yours were the massive liquidated longs here?
[2016-08-02 22:41:32] wurstgelee : btc longs?
[2016-08-02 22:41:35] sharpie0101 : in 2013 bitcion lost 300 usd in about 10 days
[2016-08-02 22:41:48] sharpie0101 : were at 100 in about 3 days
[2016-08-02 22:41:49] jesperf : rapidtrades: no party?
[2016-08-02 22:42:00] wurstgelee : rapidtrades: confirmed?
[2016-08-02 22:42:04] rapidtrades : how is that possible man
[2016-08-02 22:42:04] ayy_lmao : 120k btc confirmed
[2016-08-02 22:42:07] ax : not super massive, wasnt a whale or anything, but always played with 10ish btc
[2016-08-02 22:42:10] wurstgelee : ayy_lmao: link?
[2016-08-02 22:42:13] ayy_lmao : https://t.co/SINMfi4zqf
[2016-08-02 22:42:24] ayy_lmao : rekt
[2016-08-02 22:42:26] rapidtrades : this is a disaster
[2016-08-02 22:43:32] ax : wurstgelee: https://www.reddit.com/r/BitcoinMarkets/comments/4vtv1m/bitfinex_down_due_to_bitcoin_security_breach/d61ofzt
[2016-08-02 22:43:43] wurstgelee : yep
[2016-08-02 22:43:44] wurstgelee : thanks
[2016-08-02 22:43:46] wurstgelee : and ouch
[2016-08-02 22:44:07] ax : the first insider conspiracy posts have showed up already
[2016-08-02 22:44:17] REKT : Liquidated short on `XBJ24H`: Buy 12200 @ 53906.0
[2016-08-02 22:44:17] rapidtrades : bitstamp lost 20k last year and recovered....but that was only 5 mil at the time
[2016-08-02 22:44:23] rapidtrades : not FIFTY
[2016-08-02 22:44:57] rapidtrades : how much btc do they have
[2016-08-02 22:45:05] mike1000 : now it gets back to lower vlauation )
[2016-08-02 22:45:33] jesperf : this seriously puts back my lambo purchases
[2016-08-02 22:45:49] muirtastic : Bitfinex: I can confirm that the loss from the hack stands at 119,756btc.
[2016-08-02 22:46:18] ax : guess I should deposit some money after all to pick up some cheap coins as this drama unfolds
[2016-08-02 22:46:27] ax : but given my luck, this will be the one time bitcoin actually dies
[2016-08-02 22:46:52] REKT : Liquidated long on `ETC7D`: Sell 252 @ 0.004953
[2016-08-02 22:46:58] sharpie0101 : i don't see why it is effecting the whole btc price
[2016-08-02 22:47:07] sharpie0101 : it's not like et
[2016-08-02 22:47:07] REKT : Liquidated long on `ETC7D`: Sell 1287 @ 0.004830
[2016-08-02 22:47:07] REKT : Liquidated long on `ETC7D`: Sell 1030 @ 0.004860
[2016-08-02 22:47:09] rapidtrades : shut up sharpie
[2016-08-02 22:47:18] sharpie0101 : it was finex that fucked up
[2016-08-02 22:47:32] REKT : Liquidated long on `ETC7D`: Sell 200 @ 0.004750
[2016-08-02 22:47:32] REKT : Liquidated long on `ETC7D`: Sell 415 @ 0.004742
[2016-08-02 22:47:32] sharpie0101 : core bitcoin if completely unrelated
[2016-08-02 22:47:37] REKT : Liquidated long on `ETC7D`: Sell 450 @ 0.004620
[2016-08-02 22:47:37] REKT : Liquidated long on `ETC7D`: Sell 449 @ 0.004616
[2016-08-02 22:47:37] REKT : Liquidated long on `ETC7D`: Sell 700 @ 0.004622
[2016-08-02 22:47:37] REKT : Liquidated long on `ETC7D`: Sell 31741 @ 0.004652 **MEGA-REKT** :boom:
[2016-08-02 22:47:51] sharpie0101 : is*
[2016-08-02 22:47:52] rapidtrades : it's the biggest USD exchange
[2016-08-02 22:48:02] REKT : Liquidated long on `ETC7D`: Sell 2765 @ 0.004528
[2016-08-02 22:48:19] justinlooking : MrRGnome: u good?
[2016-08-02 22:48:21] REKT : Liquidated long on `ETC7D`: Sell 100 @ 0.004406
[2016-08-02 22:48:49] rapidtrades : anyone has guessestimate on how much are total btc finex holds
[2016-08-02 22:48:52] REKT : Liquidated long on `ETC7D`: Sell 1500 @ 0.004341
[2016-08-02 22:48:52] REKT : Liquidated long on `ETC7D`: Sell 2552 @ 0.004359
[2016-08-02 22:49:11] jesperf : burn etc burn
[2016-08-02 22:49:23] sharpie0101 : also when did that happen, cause the intitial crash started 2 days ago at 10pm eastern time
[2016-08-02 22:49:37] ax : today
[2016-08-02 22:49:47] sharpie0101 : so it's unrelated
[2016-08-02 22:49:49] rapidtrades : sharpie plz....ur like 5 hrs late with these qs
[2016-08-02 22:50:16] subjective : Said day to wake up
[2016-08-02 22:50:19] sharpie0101 : you guys are speculating on some shitty site getting hacked, yeah that caused everyone to sell and price to decline 100 usd
[2016-08-02 22:50:24] sharpie0101 : OKAY
[2016-08-02 22:50:49] rapidtrades : im surprised we're not sub-500 given the hack size
[2016-08-02 22:50:59] sharpie0101 : you're an idiot
[2016-08-02 22:51:05] sharpie0101 : it will go sub 500
[2016-08-02 22:51:08] REKT : Liquidated long on `XBTUSD`: Sell 1463 @ 525.87
[2016-08-02 22:51:19] sharpie0101 : it's just overspeculation for the block halving
[2016-08-02 22:51:38] sharpie0101 : price was infalted this whole year becaues of the block chain reward halving
[2016-08-02 22:51:45] rapidtrades : if u say so jewboi
[2016-08-02 22:51:58] REKT : Liquidated long on `XBTUSD`: Sell 300 @ 521.84
[2016-08-02 22:52:22] sharpie0101 : just took till end of month for stupid chinese miners to have to find out they can't pay electric bill
[2016-08-02 22:52:48] ethexio : Wew lads
[2016-08-02 22:53:26] sharpie0101 : reward price wasn't linear correlated to feasiblity of mining
[2016-08-02 22:53:27] MrRGnome : I got out! Made a killing! I love you all! now I get to sleep
[2016-08-02 22:53:27] zanza : ETC doing 40% price swings like nothing
[2016-08-02 22:53:32] REKT : Liquidated long on `XBTUSD`: Sell 12000 @ 521.07
[2016-08-02 22:54:42] REKT : Liquidated long on `XBTUSD`: Sell 31 @ 518.88
[2016-08-02 22:55:16] CrazyEarner : MrRGnome: night mate :) glad you got your %%%%% :)
[2016-08-02 22:55:35] JorgeR : Oh my GOD. What is going on!?
[2016-08-02 22:55:37] REKT : Liquidated long on `XBTUSD`: Sell 1950 @ 515.08
[2016-08-02 22:56:10] zanza : holy fk 120k BTC hack
[2016-08-02 22:56:23] REKT : Liquidated long on `XBTUSD`: Sell 15000 @ 514.13
[2016-08-02 22:56:23] REKT : Liquidated long on `XBTUSD`: Sell 218 @ 514.30
[2016-08-02 22:56:26] RoftheN : How much was Mt Gox?
[2016-08-02 22:56:43] REKT : Liquidated long on `XBTUSD`: Sell 1700 @ 509.34
[2016-08-02 22:56:44] REKT : Liquidated long on `XBTUSD`: Sell 36831 @ 508.35 **MEGA-REKT** :boom:
[2016-08-02 22:56:51] zanza : hard to say, becasue MagicTux was running a ponzi probably
[2016-08-02 22:56:53] REKT : Liquidated long on `XBTUSD`: Sell 192000 @ 507.54 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-08-02 22:56:58] REKT : Liquidated long on `XBTUSD`: Sell 7 @ 505.93
[2016-08-02 22:56:58] REKT : Liquidated long on `XBTUSD`: Sell 8000 @ 506.22
[2016-08-02 22:57:00] RoftheN : OUCH
[2016-08-02 22:57:05] zanza : hello DPE
[2016-08-02 22:57:21] CrazyEarner : btc going to 300s and below
[2016-08-02 22:57:53] REKT : Liquidated long on `XBTUSD`: Sell 20 @ 502.87
[2016-08-02 22:57:53] REKT : Liquidated long on `XBTUSD`: Sell 22793 @ 503.78 **MEGA-REKT** :boom:
[2016-08-02 22:57:57] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 501.65
[2016-08-02 22:58:06] sharpie0101 : it's natural price (minus btc block reward halving speculatory inflation) is around 260
[2016-08-02 22:58:08] RoftheN : 120000 BTC is nothing compared to Mt Gox
[2016-08-02 22:58:13] REKT : Liquidated long on `XBTUSD`: Sell 13000 @ 501.19
[2016-08-02 22:58:18] REKT : Liquidated long on `XBTUSD`: Sell 185921 @ 500.10 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-08-02 22:58:23] ax : blood
[2016-08-02 22:58:35] jesperf : and feces
[2016-08-02 22:58:41] REKT : Liquidated long on `XBTU16`: Sell 200 @ 537.38
[2016-08-02 22:58:54] ax : https://www.youtube.com/watch?v=ox-lfowevqA
[2016-08-02 22:58:58] REKT : Liquidated long on `XBTUSD`: Sell 6000 @ 494.59
[2016-08-02 22:58:58] REKT : Liquidated long on `XBTUSD`: Sell 500 @ 493.24
[2016-08-02 22:58:58] REKT : Liquidated long on `XBTUSD`: Sell 250 @ 494.63
[2016-08-02 22:59:18] REKT : Liquidated long on `XBTUSD`: Sell 15951 @ 492.01
[2016-08-02 22:59:18] REKT : Liquidated long on `XBTUSD`: Sell 85 @ 490.65
[2016-08-02 22:59:38] REKT : Liquidated long on `XBTU16`: Sell 14405 @ 528.92
[2016-08-02 22:59:38] REKT : Liquidated short on `ETC7D`: Buy 27545 @ 0.005369 **MEGA-REKT** :boom:
[2016-08-02 22:59:44] zanza : RIP
[2016-08-02 22:59:47] REKT : Liquidated long on `XBTU16`: Sell 2 @ 528.01 :punch: :whale:
[2016-08-02 22:59:58] REKT : Liquidated long on `XBTUSD`: Sell 50 @ 485.93
[2016-08-02 22:59:58] REKT : Liquidated long on `XBTUSD`: Sell 2110 @ 485.82
[2016-08-02 23:00:08] wurstgelee : holy fuck
[2016-08-02 23:00:27] REKT : Liquidated long on `XBTUSD`: Sell 395 @ 483.57
[2016-08-02 23:00:33] REKT : Liquidated long on `XBTUSD`: Sell 20000 @ 482.79 **MEGA-REKT** :boom:
[2016-08-02 23:01:33] CaptainDean : so we hit 480
[2016-08-02 23:01:44] RoftheN : Why is mark price so low? ;-;
[2016-08-02 23:01:47] ax : btc-e 460
[2016-08-02 23:01:48] REKT : Liquidated short on `XBTUSD`: Buy 736 @ 484.53
[2016-08-02 23:01:50] ax : china 3k
[2016-08-02 23:01:56] sharpie0101 : goes to buy something with btc, that will be .5 btc wait 2 btc wait..
[2016-08-02 23:03:33] REKT : Liquidated long on `XBTUSD`: Sell 7 @ 483.42
[2016-08-02 23:03:58] dasdfasdf : confirmed deposits not showing
[2016-08-02 23:03:58] rapidtrades : 'We need more time to fully access the situation and figure out how we can move forward'
[2016-08-02 23:04:19] dasdfasdf : finally
[2016-08-02 23:04:26] rapidtrades : bankruptcy an option imo
[2016-08-02 23:04:47] rapidtrades : prolly means if u got hacked, ur SOL
[2016-08-02 23:05:30] rapidtrades : i had most of my coins in my margin wallet, almost fully margined....could they have withdrawn that?
[2016-08-02 23:05:58] ax : yeah possibly
[2016-08-02 23:06:19] rapidtrades : how? finex says only wallets are affected not accounts
[2016-08-02 23:06:22] zanza : did they have insurance ?
[2016-08-02 23:06:23] REKT : Liquidated short on `XBTUSD`: Buy 5000 @ 496.36
[2016-08-02 23:06:34] rapidtrades : yea doesn't cover stupidity tho @zanza
[2016-08-02 23:06:40] ax : seems unlikely that the 120k would all have been deposited in one day
[2016-08-02 23:06:52] ax : so older funds must have been accessed
[2016-08-02 23:06:59] rapidtrades : 'We don't use cold storage and has stated as such ever since we implemented bitgo, we use segregated customer multi-sig wallets. We're still investigating how this happened and how our security measures were bypassed'
[2016-08-02 23:07:25] rapidtrades : i assumed everyone used cold storage...what retards
[2016-08-02 23:08:04] BitMEX_Greg : Well they trusted Bitgo
[2016-08-02 23:08:16] wurstgelee : this is bitcoin
[2016-08-02 23:08:20] ayy_lmao : lol
[2016-08-02 23:08:23] ayy_lmao : trust
[2016-08-02 23:08:25] ax : the breach was not on bitgo though, it was on their end
[2016-08-02 23:08:25] ayy_lmao : in crypto
[2016-08-02 23:08:43] BitMEX_Sam : I wonder what the mechanism actually was - if they were signing with their one key and having BitGo automatically sign with an API token, it's effectively no different than a hot
[2016-08-02 23:09:03] rapidtrades : 125 THOUSAND BTC
[2016-08-02 23:09:26] wurstgelee : test
[2016-08-02 23:09:34] wurstgelee : this is bitcoin :D
[2016-08-02 23:09:35] BitMEX_Sam : pong
[2016-08-02 23:13:29] wurstgelee : nice spread @ xbtusd btw
[2016-08-02 23:13:30] wurstgelee : :P
[2016-08-02 23:13:33] REKT : Liquidated long on `XBTUSD`: Sell 4820 @ 505.42
[2016-08-02 23:14:07] REKT : Liquidated long on `ETC7D`: Sell 5199 @ 0.005057
[2016-08-02 23:22:39] CrazyEarner : Time for some magic green candles again :)
[2016-08-02 23:23:47] Rado : rapidtrades: how many did you have in finex
[2016-08-02 23:23:50] aethlios : where do you read finex news?? twitter nothing.
[2016-08-02 23:24:01] Rado : I have 11 BTC
[2016-08-02 23:24:23] rapidtrades : Rado: more but not sure if I had it as USD or BTC before I margined it
[2016-08-02 23:24:25] vbmithr : aethlios: reddit
[2016-08-02 23:24:37] Rado : actually eait Inhave 17
[2016-08-02 23:24:43] aethlios : vbmithr: thanks but which channel??
[2016-08-02 23:24:52] RoftheN : Damn I have never lost as much as this in one day. Learned a lot though
[2016-08-02 23:25:01] Rado : i had them in BTC :(
[2016-08-02 23:25:07] rapidtrades : :(
[2016-08-02 23:25:12] vbmithr : https://www.reddit.com/r/BitcoinMarkets/comments/4vtv1m/bitfinex_down_due_to_bitcoin_security_breach/d61ofzt
[2016-08-02 23:25:27] jesperf : crypto gods giveth and taketh away
[2016-08-02 23:25:55] jesperf : omg that sneaky eth is hiding in those words
[2016-08-02 23:26:02] lockhedge : https://www.reddit.com/user/zanetackett
[2016-08-02 23:29:28] wurstgelee : lockhedge: There were limits in place to restrict the amount of btc that could be signed for a withdrawal, we're still trying to investigate how these limits were bypassed.
[2016-08-02 23:29:30] wurstgelee : inside job
[2016-08-02 23:29:42] zanza : defeintely
[2016-08-02 23:29:51] wurstgelee : priv keys stolen
[2016-08-02 23:29:53] zanza : enough value, and someone will figure out a way to hack it
[2016-08-02 23:29:55] wurstgelee : simple as that
[2016-08-02 23:30:09] TA : etc 530 on kraken and yunbi
[2016-08-02 23:30:18] TA : BTC
[2016-08-02 23:31:09] zanza : with this hack + full blocks/China/Core agreement
[2016-08-02 23:31:18] zanza : this could be start of a bear market
[2016-08-02 23:31:43] wurstgelee : maybe
[2016-08-02 23:31:54] wurstgelee : lets recover a bit first please, dont want to close my long yet
[2016-08-02 23:31:55] aethlios : I have above 100.000 usd in finex, lets see what happens.
[2016-08-02 23:31:56] wurstgelee : ;)
[2016-08-02 23:32:02] johndoe : can't imagine how many of us lost money today. only positive thing i can see is that bitmexs trading engine worked fast
[2016-08-02 23:32:08] REKT : Liquidated short on `XBTUSD`: Buy 21632 @ 515.19 **MEGA-REKT** :boom:
[2016-08-02 23:32:10] wurstgelee : aethlios: sorry, but: *had
[2016-08-02 23:32:17] wurstgelee : too early probably :|
[2016-08-02 23:32:25] zanza : aethlios: fiat or btc?
[2016-08-02 23:32:30] zanza : fiat is safe afaik
[2016-08-02 23:32:30] wurstgelee : oh right
[2016-08-02 23:32:35] wurstgelee : fiat would be ok
[2016-08-02 23:32:45] wurstgelee : he said usd tho...
[2016-08-02 23:32:52] aethlios : zanza: 40% fiat, 60% btc
[2016-08-02 23:32:53] zanza : but you probably wn't be able to withdrawl for a while
[2016-08-02 23:33:03] zanza : only BTC hacked
[2016-08-02 23:33:51] aethlios : zanza: few hoyrs before claimed 5000 etc to transfer to polo. thise I hope to survive
[2016-08-02 23:35:07] aethlios : zanza: maybe they haircut all customers proportionally, they could give to customers free commission until recover loses.,
[2016-08-02 23:35:20] Gekko : Back to 600...
[2016-08-02 23:36:41] wurstgelee : 1m liquidation order ahead ;)
[2016-08-02 23:37:09] rapidtrades : niceee
[2016-08-02 23:38:11] wurstgelee : btce 535 again
[2016-08-02 23:38:49] rapidtrades : yeah that's fishy
[2016-08-02 23:39:16] BitMEX_Greg : Guys, what do you think about having Kraken BTC/USD as part of the index?
[2016-08-02 23:39:33] wurstgelee : whats the index atm'?
[2016-08-02 23:39:35] BitMEX_Greg : We are trying to prepare for post-finex
[2016-08-02 23:39:37] wurstgelee : right now
[2016-08-02 23:39:38] wurstgelee : ?
[2016-08-02 23:39:43] wurstgelee : ah ok..long term
[2016-08-02 23:39:49] BitMEX_Greg : It was 50% finex, 25% okcoin and 25% bitstamp basically
[2016-08-02 23:39:54] BitMEX_Greg : now its 50% stamp and OKC
[2016-08-02 23:39:56] wurstgelee : are there any alternatives to kraken? real ones?
[2016-08-02 23:39:59] wurstgelee : not gemini....
[2016-08-02 23:40:06] lockhedge : itbit
[2016-08-02 23:40:12] wurstgelee : mh
[2016-08-02 23:40:17] BitMEX_Greg : I dont think itbit will be around much longer either
[2016-08-02 23:40:27] rapidtrades : greaaaat
[2016-08-02 23:40:30] wurstgelee : BitMEX_Greg: its all ok, finex said they will refund everyone :p
[2016-08-02 23:40:34] BitMEX_Arthur : We don't service US persons, so having a US only exchange might not be the best
[2016-08-02 23:40:46] rapidtrades : agree
[2016-08-02 23:40:55] BitMEX_Greg : Haha yeah when BTC goes to 0 they will refund everyone bitcoin
[2016-08-02 23:40:56] wurstgelee : BitMEX_Arthur: as index it doesnt really matter, does it?
[2016-08-02 23:41:01] jesperf : kraken is as real as they come, so I'd say include it in the index even if they're low volume
[2016-08-02 23:41:01] Rado : Kraken is good imo
[2016-08-02 23:41:03] wurstgelee : where the exchange is located?
[2016-08-02 23:41:09] BitMEX_Greg : It depends what traders use as a hedge for our products
[2016-08-02 23:41:11] wurstgelee : volume should matter
[2016-08-02 23:41:12] wurstgelee : =)
[2016-08-02 23:41:12] miramm1115 : BitMEX_Greg: please no
[2016-08-02 23:41:25] 1QaZxSw2 : damn mempool is so full, my deposit is not confirming
[2016-08-02 23:41:39] Rado : they have decent volume
[2016-08-02 23:41:53] wurstgelee : 1QaZxSw2: generous fees help :)
[2016-08-02 23:42:18] 1QaZxSw2 : wurstgelee: damn wallet doesnt let me set fee
[2016-08-02 23:42:27] 1QaZxSw2 : it calculates its own
[2016-08-02 23:42:36] wurstgelee : who wants to snatch cheap 1m XBTUSD contracts? ;)
[2016-08-02 23:42:56] rapidtrades : they're not 'cheap'
[2016-08-02 23:43:17] REKT : Getting chopped to death is fun, everyone should try it!
[2016-08-02 23:43:17] REKT : Liquidated long on `ETC7D`: Sell 4500 @ 0.004969
[2016-08-02 23:43:37] j8 : hey guys
[2016-08-02 23:43:51] justinlooking : yo!
[2016-08-02 23:43:53] j8 : some day we're having here
[2016-08-02 23:44:39] wurstgelee : i come on guys, only 1m left
[2016-08-02 23:44:44] wurstgelee : *-i
[2016-08-02 23:44:58] wurstgelee : 8)
[2016-08-02 23:45:50] dasdfasdf : lets see how long bitmex takes to process block...
[2016-08-02 23:47:12] wurstgelee : dasdfasdf: ?
[2016-08-02 23:47:16] wurstgelee : a second maybe
[2016-08-02 23:47:17] REKT : Liquidated short on `XBJ24H`: Buy 3000 @ 55667.0
[2016-08-02 23:47:37] wurstgelee : but thats not what u wanted to say i guess
[2016-08-02 23:48:33] TA : market price BTC 540 again :)
[2016-08-02 23:48:54] TA : on other exchanges
[2016-08-02 23:49:02] TA : seems like a good buy here
[2016-08-02 23:49:19] ayy_lmao : we are lagging because of big unfillled liquidation
[2016-08-02 23:49:20] CaptainDean : minus the hyge wall
[2016-08-02 23:49:25] CaptainDean : huge*
[2016-08-02 23:49:41] wurstgelee : ah fuck it, i might add some to my long
[2016-08-02 23:51:49] muirtastic : i just did
[2016-08-02 23:53:10] Skitrx : wall guy is a dick
[2016-08-02 23:53:20] rapidtrades : wtf....
[2016-08-02 23:53:31] rapidtrades : WHAT THE FUCKK
[2016-08-02 23:53:44] ayy_lmao : lol @ liq order moving
[2016-08-02 23:53:46] ayy_lmao : up
[2016-08-02 23:54:27] haxmb : how is it moving up
[2016-08-02 23:54:28] haxmb : wtf
[2016-08-02 23:54:58] wurstgelee : half way gone
[2016-08-02 23:55:17] ayy_lmao : went from 521 to 529 back down to 523
[2016-08-02 23:55:21] wurstgelee : lolz
[2016-08-02 23:55:23] wurstgelee : dunno
[2016-08-02 23:55:26] wurstgelee : ask bitmex admins
[2016-08-02 23:55:35] wurstgelee : its a liquidation order ;)
[2016-08-02 23:55:41] wurstgelee : aand its gone
[2016-08-02 23:55:55] lockhedge : nice
[2016-08-02 23:56:47] REKT : Liquidated short on `XBTU16`: Buy 200 @ 578.82
[2016-08-02 23:57:04] wurstgelee : well done @ everyone who bought a bit
[2016-08-02 23:57:06] wurstgelee : free money ;)
[2016-08-02 23:58:16] wurstgelee : finex 540
[2016-08-02 23:58:19] REKT : Liquidated short on `XBTU16`: Buy 161 @ 581.95
[2016-08-02 23:58:35] rapidtrades : wurstgelee: FINEX IS GONE MAN
[2016-08-02 23:58:41] wurstgelee : yep
[2016-08-02 23:58:41] ayy_lmao : rip
[2016-08-02 23:58:42] wurstgelee : ofc it is
[2016-08-02 23:58:43] ayy_lmao : lol
[2016-08-02 23:58:46] wurstgelee : and?
[2016-08-02 23:58:55] wurstgelee : it sucks ofc, but personally i am not affected
[2016-08-02 23:59:17] rapidtrades : wurstgelee: finex 540
[2016-08-02 23:59:20] zanza : RIP sweet prince
[2016-08-02 23:59:26] wurstgelee : rapidtrades: oh lol
[2016-08-02 23:59:27] wurstgelee : reflex
[2016-08-02 23:59:31] wurstgelee : wanted to type stamp
[2016-08-03 00:00:41] wurstgelee : 545 even
[2016-08-03 00:01:13] wurstgelee : yet here people are selling for 514
[2016-08-03 00:01:14] wurstgelee : lol
[2016-08-03 00:01:32] wurstgelee : wtf is wrong with you?
[2016-08-03 00:01:48] wotan : what a day man just wow
[2016-08-03 00:02:29] guembesn : Why the fuck is the price of the swap so low !?
[2016-08-03 00:02:59] wurstgelee : guembesn: fear
[2016-08-03 00:03:04] ayy_lmao : because people here are scared yah
[2016-08-03 00:03:15] guembesn : capitulated
[2016-08-03 00:03:21] wurstgelee : scared af
[2016-08-03 00:03:22] wurstgelee : ;)
[2016-08-03 00:03:23] guembesn : no reason to be scared now
[2016-08-03 00:03:25] lockhedge : liquidation order f*cked up the orderflow
[2016-08-03 00:03:26] wurstgelee : yep
[2016-08-03 00:03:28] ayy_lmao : liq order caused us to get out of sync
[2016-08-03 00:03:31] j8 : the uncertainly is unreal
[2016-08-03 00:03:31] wurstgelee : i am happy in my long
[2016-08-03 00:03:34] wurstgelee : very happy tbh
[2016-08-03 00:03:35] guembesn : I am scared about my fine coins
[2016-08-03 00:03:40] ayy_lmao : and now ppl are scared to buy up in fear of it dropping back on them
[2016-08-03 00:03:47] ayy_lmao : so the premium stays
[2016-08-03 00:03:59] wurstgelee : ayy_lmao: what she says
[2016-08-03 00:04:05] guembesn : who the fuck iquidated 1000000 ?!
[2016-08-03 00:04:24] wurstgelee : guembesn: "ax" was part of it i guess
[2016-08-03 00:04:48] guembesn : ax ?
[2016-08-03 00:05:22] wurstgelee : some guy who lost ~100 btc or sth
[2016-08-03 00:07:13] micmix : j8: welcome back, I guess your vacation is over, cut in half by finex?
[2016-08-03 00:08:21] REKT : Liquidated long on `ETC7D`: Sell 1750 @ 0.004887
[2016-08-03 00:08:52] REKT : Liquidated long on `ETC7D`: Sell 500 @ 0.004768
[2016-08-03 00:08:52] REKT : Liquidated long on `ETC7D`: Sell 540 @ 0.004750
[2016-08-03 00:08:52] REKT : Liquidated long on `ETC7D`: Sell 19619 @ 0.004743
[2016-08-03 00:09:06] REKT : Liquidated long on `ETC7D`: Sell 137 @ 0.004711
[2016-08-03 00:09:42] wurstgelee : that guy with 223k order could have bought that liquidation order instead ffs
[2016-08-03 00:09:44] wurstgelee : ;)
[2016-08-03 00:09:58] rapidtrades : but then we would've paid the fee
[2016-08-03 00:10:04] wurstgelee : indeed
[2016-08-03 00:10:09] wurstgelee : better for us ofc
[2016-08-03 00:11:28] micmix : BitMEX_Greg: please don't use Kraken in the index, the spread on Kraken XBT/USD is $10+ for any decent size. plus it's one of the worst exchanges from the technical point of view.
[2016-08-03 00:12:01] BitMEX_Arthur : micmix: So what would you suggest
[2016-08-03 00:12:01] jesperf : micmix: technical pov? you built it?
[2016-08-03 00:12:10] BitMEX_Sam : I'm surprised to hear that, they were one of the only exchanges to do PGP, assumed from a cursory look that it was pretty solid
[2016-08-03 00:12:15] BitMEX_Arthur : Who is left for Bitcoin/USD besides Bitstamp and OKCoin
[2016-08-03 00:12:16] BitMEX_Sam : But I've never used it personally and hear all the time about outages
[2016-08-03 00:12:28] BitMEX_Sam : Haha Arthur caught out by that substitution again
[2016-08-03 00:12:33] BitMEX_Arthur : lol
[2016-08-03 00:12:35] j8 : micmix: yeah i've just been managing hedges, now trying to figure out just how bad i'm f'd by finex
[2016-08-03 00:12:56] BitMEX_Arthur : Imo mark it to 0, then proceed with caution, everything else will be upside from there
[2016-08-03 00:13:06] rapidtrades : cmon...0?
[2016-08-03 00:13:08] micmix : trade engine is super slow, API is buggy, no realtime price feed
[2016-08-03 00:13:21] BitMEX_Arthur : rapidtrades: Ok what's your recovery value estimate?
[2016-08-03 00:13:22] CaptainDean : 3500 BTC @ 3548 @ Huobi
[2016-08-03 00:13:34] BitMEX_Sam : micmix: Still no WS? Wow
[2016-08-03 00:13:43] j8 : i had a USD account and a juicy short.. i guess the short will have been closed around 600?
[2016-08-03 00:13:49] micmix : Huobi BTC/USD has decent volume
[2016-08-03 00:13:49] j8 : maybe?
[2016-08-03 00:14:07] BitMEX_Arthur : Didn't know they had one
[2016-08-03 00:14:15] BitMEX_Arthur : don't really know Leon at all, never met him
[2016-08-03 00:14:23] rapidtrades : BitMEX_Arthur: idk that can't be more then 20% of all coins...plus losses are not likely to be socialized
[2016-08-03 00:14:31] rapidtrades : so u either get 100 or 0
[2016-08-03 00:14:32] micmix : books are not too bad either, they've been doing well on USD lately
[2016-08-03 00:14:34] justinlooking : ethetc 0.45 -> 0.26
[2016-08-03 00:14:55] lockhedge : BitMEX_Arthur: even itbit and gdax have more liquidity than kraken for btc/usd
[2016-08-03 00:15:05] BitMEX_Arthur : lockhedge: But they are US based
[2016-08-03 00:15:14] BitMEX_Arthur : None of our traders can trade there easily
[2016-08-03 00:15:43] BitMEX_Arthur : If you want to bitch about technical problems itbit and coinbase have to be some of the most poorly built exchanges
[2016-08-03 00:16:15] micmix : j8: most likely all positions will be closed @ 602-605
[2016-08-03 00:16:57] BitMEX_Arthur : micmix: Well I don't think the margin positions is what is scary, it's your principle getting a big fat haircut
[2016-08-03 00:17:25] micmix : yeah, I had a big chunk of trading capital there :-(
[2016-08-03 00:17:35] rapidtrades : idk i had a pretty big margin short there
[2016-08-03 00:17:47] rapidtrades : difference from 525 to 600 is huge
[2016-08-03 00:18:01] lockhedge : BitMEX_Arthur: i'd prefer an international index (kraken btc/eur in usd + a chinese exchange in usd), have 5 exchanges in the index and deweight the lowest and highest price
[2016-08-03 00:18:24] rapidtrades : plz no china
[2016-08-03 00:18:24] Rado : Anyone know if all types of wallets were affected?
[2016-08-03 00:18:35] Rado : exchange, trading, funding
[2016-08-03 00:18:37] rapidtrades : don't want to deal with yuan exposure
[2016-08-03 00:19:17] rapidtrades : guess they have to close everything at 600 if they're shutting down :(
[2016-08-03 00:19:17] j8 : yeah even if i get 100% of the USD back, getting closed out at 600 makes this my biggest losing day to date
[2016-08-03 00:19:21] BitMEX_Arthur : lockhedge: Most likely we will look to add one additional exchange, 3 is manageable for hedging imo
[2016-08-03 00:19:43] BitMEX_Arthur : j8: If you get 100% of your USD back consider yourself very luck
[2016-08-03 00:19:45] BitMEX_Arthur : lucky
[2016-08-03 00:20:00] BitMEX_Sam : I agree. Chances are there are (many) bills to pay
[2016-08-03 00:20:12] j8 : yep already writing it off
[2016-08-03 00:20:17] REKT : Liquidated long on `XBJ24H`: Sell 10500 @ 56409.0
[2016-08-03 00:20:45] j8 : which is unfortunate because i should have more than 150% if the short held
[2016-08-03 00:21:57] REKT : Liquidated long on `XBTUSD`: Sell 27532 @ 525.17 **MEGA-REKT** :boom:
[2016-08-03 00:23:06] lockhedge : BitMEX_Arthur: i expect BitMEX to become the most liquid trading venue, naturally there won't be a place to hedge 100% then
[2016-08-03 00:23:11] zanza : ETC gotta be the best thing since DOGE hit cryptos
[2016-08-03 00:23:29] zanza : yeah you guys better gear up for huge influx
[2016-08-03 00:24:07] REKT : Liquidated long on `ETC7D`: Sell 62 @ 0.004603
[2016-08-03 00:24:59] BitMEX_Arthur : lockhedge: We want to fill the void
[2016-08-03 00:26:32] micmix : ok, taking back what I said about Huobi BTC/USD. Spreads have not been that good lately. I just run the test, average spread for 50 btc is $9.7, that's pretty bad
[2016-08-03 00:26:56] BitMEX_Arthur : hm
[2016-08-03 00:28:01] rapidtrades : so we're not gonna see our money in few years...right
[2016-08-03 00:28:49] lockhedge : BitMEX_Arthur: seems to be (one of) the largest market maker(s) at finex, maybe he wants to join https://twitter.com/maxboonen
[2016-08-03 00:29:02] rapidtrades : 'We're going to need to come up and let users close positions, withdrawal etc at some point. That's what im referring to when i say relaunch'
[2016-08-03 00:29:06] rapidtrades : finex is gone
[2016-08-03 00:29:20] BitMEX_Sam : Ouch
[2016-08-03 00:29:52] REKT : Liquidated long on `ETHXBT`: Sell 151 @ 0.01655
[2016-08-03 00:30:33] rapidtrades : btc-e still rocking tho
[2016-08-03 00:31:26] CaptainDean : So, incoming correction after the last rally ?
[2016-08-03 00:33:19] wurstgelee : "correction"
[2016-08-03 00:33:23] wurstgelee : more like finex came
[2016-08-03 00:33:24] wurstgelee : oO
[2016-08-03 00:33:31] CaptainDean : :P
[2016-08-03 00:33:35] CaptainDean : :D
[2016-08-03 00:34:02] REKT : Liquidated short on `ETC7D`: Buy 100 @ 0.004876
[2016-08-03 00:36:36] rapidtrades : so a 50% haircut? how do i even measure this
[2016-08-03 00:38:39] CrazyEarner : rapidtrades: You measure in hairs posts be balled patch
[2016-08-03 00:40:28] Rado : Since I can trade almost all instruments here
[2016-08-03 00:40:46] Rado : i should transfer all my BTC in here
[2016-08-03 00:41:01] Rado : cild storage and no way to withdraw :)
[2016-08-03 00:41:10] Rado : cold
[2016-08-03 00:41:18] CrazyEarner : have took all my btc and am riding etc waves making a lot more btc
[2016-08-03 00:42:00] CrazyEarner : no point having cold storage and market goes to vapour
[2016-08-03 00:42:27] CrazyEarner : might as well trade with the btc and build more of it up and buy somthing thats got good markets on and can grow capital
[2016-08-03 00:43:02] Rado : CrazyEarner: BitMex keeps them in cold storage
[2016-08-03 00:43:07] Rado : not me
[2016-08-03 00:43:27] CrazyEarner : oh thought you doing cold storage as in own paper wallet
[2016-08-03 00:43:31] jesperf : Rado: the company could still go under and everything would be lost
[2016-08-03 00:43:34] Rado : I was suggesting that I should move all my BTC in here
[2016-08-03 00:43:49] wurstgelee : no
[2016-08-03 00:43:54] CrazyEarner : Keep your coin on your own wallet nt exchange
[2016-08-03 00:43:57] wurstgelee : own cold storage is safest
[2016-08-03 00:44:05] CrazyEarner : thats how you lose if an exchange goes you funds go too
[2016-08-03 00:44:12] Rado : But then you can't trade them
[2016-08-03 00:44:18] CrazyEarner : look at mtgox if that happens to any exchange coin gone
[2016-08-03 00:44:24] wurstgelee : generate an address, dump the priv key
[2016-08-03 00:44:27] wurstgelee : delete wallet
[2016-08-03 00:44:32] wurstgelee : send btc to address
[2016-08-03 00:44:41] CrazyEarner : keep own coins safe inn secure place put a little into exchanges to trade n what your happy with never have your entire stock on an exchange
[2016-08-03 00:44:42] wurstgelee : all u need to re cover btc is the privkey :)
[2016-08-03 00:45:35] wurstgelee : CrazyEarner: +1
[2016-08-03 00:45:42] Rado : lets say You have 50 BTC
[2016-08-03 00:45:50] CrazyEarner : yeah well trade waht your happy to trade on exchanges I know I never hold all my coin on might have better reuslts playing with more but if that exchange goes your screwed
[2016-08-03 00:46:08] Rado : hoe much would you trade and how much in wallet
[2016-08-03 00:46:29] Rado : 20% maybe
[2016-08-03 00:46:32] REKT : Liquidated long on `ETC7D`: Sell 100 @ 0.004731
[2016-08-03 00:46:32] REKT : Getting chopped to death is fun, everyone should try it!
[2016-08-03 00:47:01] CrazyEarner : I uese 20% of what I hold if i have more I will increase it. I trade with funds I am happy to play around with and know wont be worce off of an exchange collapse and falls apart
[2016-08-03 00:47:28] CrazyEarner : look at the lastest exchange with cryptsy gone bust now with the big hack elsewhere