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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[2016-08-04 12:53:42] rapidtrades : did they remove finex from the index?
[2016-08-04 12:54:47] macios15 : rapidtrades: https://www.kaiko.com/bitmex
[2016-08-04 12:54:50] lockhedge : yes only 5 exchanges each 20% weight, 3 cny markets
[2016-08-04 12:55:08] lockhedge : makes usd futures even more untradable
[2016-08-04 12:56:04] rapidtrades : wait what
[2016-08-04 12:56:12] rapidtrades : there's nothing on the blog
[2016-08-04 12:56:31] wurstgelee : lockhedge: sources?
[2016-08-04 12:56:49] wurstgelee : kaiko is 5 exchanges now, 20% each?
[2016-08-04 12:57:29] lockhedge : no, okc's fututes index
[2016-08-04 12:57:33] macios15 : noo, 50% ok coin and 50% stamp
[2016-08-04 12:57:35] wurstgelee : ahh lol
[2016-08-04 12:57:36] wurstgelee : kk :9
[2016-08-04 12:59:51] palgba : Bitmex
[2016-08-04 13:00:43] palgba : Since when price reached 577?
[2016-08-04 13:00:53] rapidtrades : they're not gonna come up today either
[2016-08-04 13:00:55] rapidtrades : finex is shit
[2016-08-04 13:01:07] palgba : I got liquidated at 577 minuts ago
[2016-08-04 13:01:24] rapidtrades : so basically none of the USD exchanges use a cold wallet
[2016-08-04 13:01:32] rapidtrades : aside from bitmex
[2016-08-04 13:01:43] rapidtrades : they all use bitgo joke of a security
[2016-08-04 13:02:28] lockhedge : rapidtrades: nobody uses bitgo the way bitfinex used it
[2016-08-04 13:02:56] rapidtrades : mindbogglingly stupid either way...i thought they had 90%+ in cold wallet
[2016-08-04 13:03:06] esuvari : 0.8071% for eth funding????
[2016-08-04 13:03:09] esuvari : that's insane
[2016-08-04 13:03:17] rapidtrades : even their withdrawal emails had 'hot wallet' reference
[2016-08-04 13:03:32] esuvari : I lost 0.16 btc as soon as I enter a position with 1000 contract
[2016-08-04 13:04:11] rapidtrades : Please note that for security reasons, Bitfinex maintains limited crypto-currency balances in its on-line hot wallet, and has spending limits from Bitgo wallets. Should your withdrawal exceed the available amount, Bitfinex will need to manually replenish the hot wallet and/or manually review and approve withdrawals, which may take up to 12 hours
[2016-08-04 13:04:28] rapidtrades : ^^^ TOTAL LIE ATTACHED TO ALL WITHDRAWAL EMAILS
[2016-08-04 13:06:32] palgba : so i got it ,bitstamp fomo´s and i get liquidated
[2016-08-04 13:06:37] palgba : that makes sense
[2016-08-04 13:06:41] palgba : what is this bitmex
[2016-08-04 13:06:53] palgba : am i trading bitstamp price or bitmex price?
[2016-08-04 13:07:21] jesperf : maybe you shouldn't trade if you don't know what you're doing
[2016-08-04 13:07:25] chromaticcr1 : bitstamp*0.5 + OKCOIN USD*0.5
[2016-08-04 13:07:26] jesperf : read the contract specifications
[2016-08-04 13:07:45] palgba : i had a stop in place but i get liquidated at bitstamp price
[2016-08-04 13:07:53] palgba : i trade here for months
[2016-08-04 13:07:55] chromaticcr1 : https://www.kaiko.com/bitmex
[2016-08-04 13:08:30] Tr : Where is my withdrawal guys
[2016-08-04 13:09:48] jesperf : rapidtrades: i think the chinese just aren't as easily convinced as we are. they're slowly creeping upwards
[2016-08-04 13:12:32] rapidtrades : why would u trust us tho...we can't even keep an exchange running
[2016-08-04 13:12:49] rapidtrades : mtgox, bitfinex, bitstamp hacks
[2016-08-04 13:13:25] BitMEX_Wally : Tr: Withdrawals are being processed and will be broadcast soon
[2016-08-04 13:14:06] rapidtrades : all the major chinese sites are still running
[2016-08-04 13:14:48] palgba : bitstamp fomos do 580 and i get liquidated while bitmex price is 570
[2016-08-04 13:15:01] palgba : thats good
[2016-08-04 13:15:20] wurstgelee : BitMEX_Wally: do u broadcast all transactions simultaneously? or in chunks?
[2016-08-04 13:15:35] wurstgelee : trasnaction 1 got sent. transaction 2 not (yet)
[2016-08-04 13:15:40] wurstgelee : thats y i am asking
[2016-08-04 13:16:00] lockhedge : rapidtrades: does okc provide proof of reserves? doesn't mean they never got hacked if they don't publicly say that they were hacked (see mt gox)
[2016-08-04 13:17:41] palgba : BitMEX_Wally: why did i get liquidated at 577 when bitmex price was 570 ?
[2016-08-04 13:20:04] lockhedge : "Have you ever had an audit for proof-of-reserves? - "No. However we are currently in the process of finding someone to audit our reserves." (okc faq)
[2016-08-04 13:20:38] BitMEX_Wally : palgba: Liquidations are triggered based on the mark price which is the Kaiko index
[2016-08-04 13:21:16] wurstgelee : BitMEX_Wally: speaking of which, which exchanges are part of the index atm?
[2016-08-04 13:21:26] BitMEX_Wally : At the moment, 50% OKC and 50% Bitstamp
[2016-08-04 13:21:51] wurstgelee : yep, could have checked myself i guess
[2016-08-04 13:21:53] wurstgelee : thanks :)
[2016-08-04 13:21:55] BitMEX_Wally : wurstgelee: They are broadcast one by one, manually
[2016-08-04 13:22:07] wurstgelee : BitMEX_Wally: 2nd trasnactions got broadcasted ;)
[2016-08-04 13:22:10] wurstgelee : thanks
[2016-08-04 13:22:15] wurstgelee : *transaction
[2016-08-04 13:24:11] gaoMex : Any chance more exchange will be included in the Kaiko index?
[2016-08-04 13:24:13] lockhedge : BitMEX_Wally: when do you think you'll decide about including an other exchange to the index?
[2016-08-04 13:24:40] BitMEX_Wally : We're looking into it
[2016-08-04 13:25:44] gaoMex : Who decide to make changes to Kaiko index: Kaiko, BitMEX or both?
[2016-08-04 13:26:34] palgba : BitMEX_Wally: thats terrible because bitstamp price is to volatile.
[2016-08-04 13:26:39] lockhedge : BitMEX_Wally: can you pls announce a change to index at least 48h before it becomes effective via mail?
[2016-08-04 13:26:45] BitMEX_Wally : Both
[2016-08-04 13:27:32] gaoMex : actually the previous index tradeblock is quite OK
[2016-08-04 13:27:45] gaoMex : wondering why it was replaced by Kaiko...
[2016-08-04 13:28:30] chromaticcr1 : gaoMex: coz it constantly changes and difficult to hedge for market makers
[2016-08-04 13:29:11] lockhedge : gaoMex: problem of XBX is that it's not transparent how it weights, problem of Kaiko is that it does not have any mechanism for de-weighting
[2016-08-04 13:30:50] gaoMex : lockhedge: solution: come out with a de-weighting mechanism and apply it to Kaiko
[2016-08-04 13:31:12] gaoMex : make the de-weighting mechanism public
[2016-08-04 13:31:50] gaoMex : and ensure there are at least 3 exchanges, conditions to be included to be decided
[2016-08-04 13:31:52] lockhedge : i already have one, implemented after the last finex outage for bix for testing
[2016-08-04 13:32:38] lockhedge : simplest way would be 5 exchange, remove the highest and lowest price and build the index based on the remaining 3
[2016-08-04 13:33:02] gaoMex : sounds logical
[2016-08-04 13:35:32] palgba : Yes. So that we dont get liquidates with a 8 dollar spread from bitmex trading price
[2016-08-04 13:36:15] lockhedge : my testing algo only de-weights the exchange with the highest price variance only after certain limits, works with 3-4 index components
[2016-08-04 13:36:42] palgba : Really disappointed with this one i had a stop loss 3 dollars above my short instead i get liquidated with 10
[2016-08-04 13:36:47] palgba : Good
[2016-08-04 13:38:06] palgba : I guess im not trading anymore until index is better weighted
[2016-08-04 13:51:18] rapidtrades : We are planning on today, but we're working as hard as we can and this takes time, we'll see if we can get it done'
[2016-08-04 13:51:37] rapidtrades : translation: it aint happening today
[2016-08-04 13:52:14] lockhedge : rapidtrades: what are they planning, their first public statement that was approved by a lawyer?
[2016-08-04 13:54:04] rapidtrades : f*ck em
[2016-08-04 13:59:51] lockhedge : added the dynamic de-weighting mechanism to the public bix source https://github.com/robotfinance/BIX/blob/master/bixpy/bix.py
[2016-08-04 14:00:16] bernx : wtf bitcoin do? will it grow?
[2016-08-04 14:05:29] I-am-Legend : hey guys
[2016-08-04 14:05:43] I-am-Legend : anyone know how to get clef working
[2016-08-04 14:06:07] I-am-Legend : im on page but i select clef nothing happens in account page
[2016-08-04 14:06:20] I-am-Legend : just signed up
[2016-08-04 14:08:54] I-am-Legend : never mind sorted
[2016-08-04 14:12:12] Rado : rapidtrades: what stops Bitfinex from steal more coins than actually were stolen from the attack
[2016-08-04 14:12:28] Rado : there is no 3rd party auditing as far as I know
[2016-08-04 14:22:16] Rado : BitMEX_Wally: Please implement min order size
[2016-08-04 14:22:48] Rado : I will create a bot to place bids and asks for 1 contract on all instruments otherwise
[2016-08-04 14:23:00] Rado : I hate these small orders mudding the waters
[2016-08-04 14:23:03] BitMEX_Sam : Rado: This is already implemented
[2016-08-04 14:23:19] BitMEX_Sam : Accounts placing large numbers of small orders will automatically have their orders hidden if below a threshold
[2016-08-04 14:23:30] Rado : XBTU16 has 4 orders of 2 contracts each
[2016-08-04 14:23:35] Rado : why is this allowed?
[2016-08-04 14:23:52] BitMEX_Sam : That account just hasn't triggered the spam threshold
[2016-08-04 14:24:01] BitMEX_Sam : If you have an issue with viewing it that way, group the orderbook
[2016-08-04 14:24:33] Rado : what is the threshold?
[2016-08-04 14:26:10] Rado : spam threshold is different than minimum order size
[2016-08-04 14:26:29] BitMEX_Sam : Yes, but it solves the same issue
[2016-08-04 14:26:39] Rado : kind of
[2016-08-04 14:27:13] Rado : there is no benefit to BitMex having these 1 and 2 contract orders
[2016-08-04 14:28:13] Rado : actually it prevents users from placing a post only order and being at the top of the order book
[2016-08-04 14:29:31] Rado : XBTUSD doesn't seem to have this issue
[2016-08-04 14:45:40] Muhammed : why is bitcoin so high on poloniex??
[2016-08-04 14:59:57] Rado : can you actually trade BTC there?
[2016-08-04 15:00:30] thinkngrow : Does Bitmex offer a possobility to lend btc to margin trading?
[2016-08-04 15:01:03] Rado : thinkngrow: no, but you can make the funding rate which is the same
[2016-08-04 15:01:24] Rado : if you are long now you make 0.21% in 8 hours
[2016-08-04 15:01:44] thinkngrow : where can i find funding rate?
[2016-08-04 15:02:00] Rado : on the left under Contract details
[2016-08-04 15:04:01] thinkngrow : Rado: what's the risk/
[2016-08-04 15:04:26] Rado : the risk is that BTC can go down and you will lose a lot more than making the 0.21%
[2016-08-04 15:04:56] thinkngrow : so this is not the same as lending money
[2016-08-04 15:05:07] thinkngrow : its like margin trading
[2016-08-04 15:05:15] Rado : If you don't care about BTC going up and only want to make money from interest you can do it this way
[2016-08-04 15:05:36] Rado : short $10k of BTC on an exchange
[2016-08-04 15:05:48] Rado : buy 10k contracts of XBTUSD here
[2016-08-04 15:06:03] Rado : then when you want to unwind the trade cover at the exchange and sell here
[2016-08-04 15:06:21] Rado : that will protect you and make the interest
[2016-08-04 15:06:45] Rado : the problem is if the funding rate goes from negative to positive you need to switch the positions
[2016-08-04 15:06:49] thinkngrow : Rado: thx
[2016-08-04 15:06:55] Rado : no problem
[2016-08-04 15:07:49] Rado : thinkngrow: one big benefit is that the rate here per 24h is way higher than exchanges that offer lending
[2016-08-04 15:10:01] rapidtrades : man that sucks...we don't even know if we were haxxed
[2016-08-04 15:10:28] rapidtrades : and now zane the shame says today EST
[2016-08-04 15:10:35] rapidtrades : LOL it's one big joke
[2016-08-04 15:11:26] rapidtrades : GUYS TODAY...(next day) RLY TODAY....TODAY UCT....NO TODAY EST
[2016-08-04 15:11:50] rapidtrades : yeah it ain't happening today like i said earlier
[2016-08-04 15:11:59] rapidtrades : i speak finex now
[2016-08-04 15:16:10] Rado : lol
[2016-08-04 15:36:17] REKT : Liquidated long on `XBJ24H`: Sell 15 @ 58320.0
[2016-08-04 15:37:59] jesperf : the guy can't help himself: https://www.reddit.com/r/BitcoinMarkets/comments/4vtv1m/bitfinex_down_due_to_bitcoin_security_breach/d640a8o?context=3
[2016-08-04 15:40:36] REKT : Liquidated long on `ETC7D`: Sell 9 @ 0.003877
[2016-08-04 15:42:02] REKT : Liquidated long on `ETC7D`: Sell 9354 @ 0.003745
[2016-08-04 15:42:02] REKT : Liquidated long on `ETC7D`: Sell 3497 @ 0.003815
[2016-08-04 15:42:07] REKT : Liquidated long on `ETC7D`: Sell 200 @ 0.003743
[2016-08-04 15:42:07] REKT : Liquidated long on `ETC7D`: Sell 1116 @ 0.003685
[2016-08-04 15:52:32] justinlooking : new HEIST vuln sounds scary as shit
[2016-08-04 16:09:01] negamax : hi guys, n00b questions regarding XBTU16
[2016-08-04 16:09:27] negamax : isn't it to settle on 20 September, then why do I have 1 day for balancing?
[2016-08-04 16:09:52] negamax : i.e. tomorrow my account will be affected by profit/loss even though contract is to expire much later
[2016-08-04 16:11:10] negamax : Settle - 30 Sep, not 20
[2016-08-04 16:11:38] BitMEX_Sam : negamax: Your position will remain open - we simply move unrealised PNL to realised, which means that the PNL you have accrued so far is not subject to profit adjustment
[2016-08-04 16:11:48] BitMEX_Sam : It is simply accounting, it does not affect your actual profitability
[2016-08-04 16:12:22] negamax : got it. thank @BitMEX_Sam
[2016-08-04 16:12:32] REKT : Liquidated short on `ETC7D`: Buy 700 @ 0.003941
[2016-08-04 16:12:51] REKT : Liquidated short on `ETC7D`: Buy 600 @ 0.004006
[2016-08-04 16:22:29] palgba : BitMEX_Sam: the blue line in the chart says xbt bitmex abd it is higher than the trading xbtusd permanent. Is this linr the kaik price?
[2016-08-04 16:22:59] BitMEX_Sam : This is the Mark Price, which is Kaiko, yes
[2016-08-04 16:24:24] rapidtrades : 'This evening EST would be my best guess'
[2016-08-04 16:30:46] rapidtrades : it's kinda funny i thought okc would be the next domino to fall so i moved to finex
[2016-08-04 16:32:11] santacruz : BitMEX_Sam: What is index price components now?
[2016-08-04 16:32:19] BitMEX_Sam : santacruz: BSTP & OKC
[2016-08-04 16:32:23] BitMEX_Sam : http://kaiko.com/bitmex
[2016-08-04 16:33:18] santacruz : do you plan to add 3rd one?
[2016-08-04 16:33:49] BitMEX_Sam : Eventually, yes, but we are evaluating
[2016-08-04 16:34:43] santacruz : where is the link to to last DPE adjustments?
[2016-08-04 16:35:19] santacruz : found
[2016-08-04 17:09:36] REKT : Liquidated short on `ETC7D`: Buy 20841 @ 0.004351 **MEGA-REKT** :boom:
[2016-08-04 17:17:37] REKT : Liquidated short on `ETHXBT`: Buy 994 @ 0.01905
[2016-08-04 17:34:37] REKT : Liquidated short on `ETC7D`: Buy 296 @ 0.004670
[2016-08-04 17:50:14] palgba : BitMEX_Sam: i got liquidated at 577 check the kaiko it never reached that price. What happened?
[2016-08-04 17:50:22] negamax : Is REKT customer bot or by BitMex?
[2016-08-04 17:50:38] negamax : is it working with one account or announcing square offs on all?
[2016-08-04 17:50:39] justinlooking : micmix's (cust)
[2016-08-04 17:50:49] negamax : thanks
[2016-08-04 17:51:06] palgba : After 12am i mean
[2016-08-04 17:51:07] justinlooking : it announces liquidations it sees via the api
[2016-08-04 17:51:18] negamax : it be great to be able to see performance of bots, any way to do that?
[2016-08-04 17:51:29] negamax : anyone has that information shared for public good?
[2016-08-04 17:52:41] palgba : BitMEX_Sam: can you give me an explanation to this? Thanks
[2016-08-04 17:53:18] negamax : palgba: I think the platform takes action based on Mark Price (I could be wrong)
[2016-08-04 17:53:44] CaptainDean : negamax: it is
[2016-08-04 17:54:01] palgba : Neither reached that price of 577 when i got liquidated
[2016-08-04 17:54:13] palgba : Its in the chart
[2016-08-04 17:54:25] justinlooking : what time?
[2016-08-04 17:54:26] CaptainDean : palgba: I think someone else had the same issue and opened a ticket to support@bitmex.com
[2016-08-04 17:55:13] palgba : CaptainDean: thanks for that info
[2016-08-04 17:55:24] CaptainDean : palgba: you're welcome !
[2016-08-04 18:01:29] palgba : BitMEX_Sam: should i open a ticket?
[2016-08-04 18:11:15] macios15 : palgba: at what time u get liq and it was long or short
[2016-08-04 18:14:12] rapidtrades : it's possible that they're gonna pool the losses
[2016-08-04 18:14:21] rapidtrades : gonna be pissed
[2016-08-04 18:16:21] BitMEX_Greg : palgba: Hi, feel free to submit a support ticket and I will look into it. Note that liquidations are marked to the Mark Price and not the last traded price
[2016-08-04 18:17:08] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 561.96 :punch: :whale:
[2016-08-04 18:17:08] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 562.39
[2016-08-04 18:17:22] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 561.25
[2016-08-04 18:17:47] REKT : Liquidated long on `XBTUSD`: Sell 67022 @ 558.68 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-08-04 18:17:58] REKT : Liquidated long on `XBTUSD`: Sell 1200 @ 557.08
[2016-08-04 18:17:58] REKT : Blood on the streets!
[2016-08-04 18:17:58] REKT : Liquidated long on `XBTUSD`: Sell 50000 @ 556.85 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-08-04 18:17:58] REKT : Liquidated long on `XBTUSD`: Sell 16000 @ 558.26
[2016-08-04 18:18:17] macios15 : wtf
[2016-08-04 18:19:15] CaptainDean : bitstamp crash
[2016-08-04 18:19:22] CaptainDean : and it's back uo
[2016-08-04 18:19:25] CaptainDean : up*
[2016-08-04 18:19:35] macios15 : roll this shit back lol
[2016-08-04 18:19:46] macios15 : kaiko shit
[2016-08-04 18:19:59] CaptainDean : Bot got own i guess ...
[2016-08-04 18:20:22] palgba : BitMEX_Greg: thanka for feedback. I checked the mark price and price didnt reach the price of my liquidation
[2016-08-04 18:20:39] palgba : I will submit a ticket then
[2016-08-04 18:21:03] macios15 : fucking kaiko
[2016-08-04 18:21:36] CaptainDean : I don't understand why we don't follow 2 China biggest market
[2016-08-04 18:21:44] CaptainDean : Okcoin and whatever else
[2016-08-04 18:21:51] rapidtrades : BECAUSE IT SAYS USD
[2016-08-04 18:21:52] rapidtrades : READ
[2016-08-04 18:21:59] rapidtrades : NOONE WANTS TO TRADE THE SHIT YUAN
[2016-08-04 18:22:30] CaptainDean : so why do we use okcoin ?
[2016-08-04 18:22:30] macios15 : fuck this i cleared my acc
[2016-08-04 18:22:49] rapidtrades : CaptainDean: IT'S THEIR USD SITE
[2016-08-04 18:23:10] CaptainDean : haaaa didn't know thanks, no need to get mad
[2016-08-04 18:23:15] rapidtrades : also china has been trading this low all day...all we're doing is catching up
[2016-08-04 18:24:30] CaptainDean : yeah, i understand now whywe use Bitstamp, but have so low volume
[2016-08-04 18:24:39] CaptainDean : they have*
[2016-08-04 18:25:15] rapidtrades : what would u suggest...we just lost the highest volume site
[2016-08-04 18:26:02] justinlooking : just for you rapid: https://www.youtube.com/watch?v=DNLob2E_Q5s
[2016-08-04 18:26:32] CaptainDean : we don't have any other solution from what i see
[2016-08-04 18:27:20] justinlooking : my 10c, stamp, gdax, itbit and okc 25% each
[2016-08-04 18:27:34] rapidtrades : itbit no tnx
[2016-08-04 18:27:37] CaptainDean : at least okc provide stability
[2016-08-04 18:27:52] rapidtrades : gdax are eth traitors
[2016-08-04 18:28:02] macios15 : could any one tell my why i got liq
[2016-08-04 18:28:23] macios15 : great idea 50% stamp
[2016-08-04 18:28:42] CaptainDean : yeah men i feel the pain... this is bad
[2016-08-04 18:28:47] rapidtrades : coinbase seems the winner now leads USD volume
[2016-08-04 18:29:01] rapidtrades : not sure what % of that is the exchange tho
[2016-08-04 18:29:25] macios15 : soo now sb could sell 600 btc on stamp
[2016-08-04 18:29:28] CaptainDean : yeah i would like to know too
[2016-08-04 18:29:36] rapidtrades : ameros prolly have no choice now
[2016-08-04 18:29:40] rapidtrades : can they trade on stamp?
[2016-08-04 18:29:46] macios15 : and fuck us up yes?
[2016-08-04 18:30:49] CaptainDean : Bitstamp went from 568 to 552 and now @563
[2016-08-04 18:31:30] rapidtrades : yeah stamp seems a bit spiky but coinbase is no better
[2016-08-04 18:31:36] CaptainDean : maybe 25% - 75% would be better
[2016-08-04 18:31:40] rapidtrades : it was at $25 premium just hrs ago
[2016-08-04 18:31:50] CaptainDean : 25$ is insane ...
[2016-08-04 18:32:30] rapidtrades : there seems to have a persistent premium past few weeks
[2016-08-04 18:32:54] CaptainDean : so it's not an option
[2016-08-04 18:33:39] CaptainDean : 20% bitstamp and 80% OkCoin ? Not sure it's a good thing either ...
[2016-08-04 18:34:41] macios15 : give my position back;/
[2016-08-04 18:34:42] macios15 : fuck
[2016-08-04 18:36:02] rapidtrades : CaptainDean: okc has lower volume then stamp...at least recently
[2016-08-04 18:36:23] rapidtrades : https://www.okcoin.com/marketList.do
[2016-08-04 18:36:27] CaptainDean : yeah my bad
[2016-08-04 18:36:40] rapidtrades : f*Ck....well u know what to change
[2016-08-04 18:36:52] jesperf : lol
[2016-08-04 18:37:04] CaptainDean : i was still thinking Yuan :P
[2016-08-04 18:37:12] CaptainDean : slap me for free :P
[2016-08-04 18:39:42] CaptainDean : rapidtrades: don't get mad at me, it's still learning the basics of trading
[2016-08-04 18:39:47] CaptainDean : i'm still**
[2016-08-04 18:59:59] macios15 : bitmex give my money back
[2016-08-04 19:00:55] wotan : what happened macios15?
[2016-08-04 19:03:39] macios15 : wotan: 400 btc sell on bitstamp and i got liq lol
[2016-08-04 19:04:10] macios15 : great idea 50% index based on dead bitstamp
[2016-08-04 19:06:21] jesperf : macios15: they have a testnet if you're not familiar with how the contracts work
[2016-08-04 19:06:40] justinlooking : fuckin lol
[2016-08-04 19:06:41] macios15 : ...
[2016-08-04 19:07:39] macios15 : jesperf: soo kaiko is fucked up and u telling me testnet will save me from that
[2016-08-04 19:08:08] macios15 : palgba: you got liq to if i remember today cause kaiko
[2016-08-04 19:08:10] rapidtrades : there's nothing else to use ppl...we're running out of USD exchanges
[2016-08-04 19:08:45] jesperf : i'm saying that if you knew that bitstamp was 50% weighted, you should have been more careful
[2016-08-04 19:09:01] wotan : i think bitstamp has the biggest vol right now (seen on bitcoinwisdom, but i cannot see coinbase)
[2016-08-04 19:10:05] rapidtrades : its coinbase by lil
[2016-08-04 19:10:36] rapidtrades : but that exchange is only available in few countries outside US
[2016-08-04 19:10:44] wotan : ok get it
[2016-08-04 19:11:05] rapidtrades : and bitmex doesnt serve us residents
[2016-08-04 19:11:47] Rado : how do they restrict that rapidtrades?
[2016-08-04 19:12:03] jesperf : geo ip
[2016-08-04 19:12:14] rapidtrades : guessing IP
[2016-08-04 19:12:56] Rado : So if they are on vacation they can trade?
[2016-08-04 19:12:57] Rado : lol
[2016-08-04 19:14:11] Rado : US suck with their regulations
[2016-08-04 19:14:40] rapidtrades : few times ameros signed up and come in chat to ask why they cant trade
[2016-08-04 19:16:40] CaptainDean : just use a VPN
[2016-08-04 19:17:18] CaptainDean : I really doubt they have a solid anti-VPN mechanism
[2016-08-04 19:17:25] jesperf : still doesn't make it legal for the customer
[2016-08-04 19:17:59] CaptainDean : it wouldn't stop me :P
[2016-08-04 19:18:58] jesperf : I propose a rotating 8h global trading halt every day
[2016-08-04 19:19:06] jesperf : so we can get some fucking sleep
[2016-08-04 19:19:32] rapidtrades : sleep is for the weak
[2016-08-04 19:20:14] jesperf : true, but we are only humans and humans are weak by design
[2016-08-04 19:21:02] jesperf : i need some of that shit from that old movie limitless
[2016-08-04 19:21:34] wotan : there is one person otu there that never sleeps
[2016-08-04 19:21:40] wotan : i think he is from vietnam
[2016-08-04 19:21:47] wotan : he dont sleep since over 20 years
[2016-08-04 19:21:55] Rado : jesperf: that's why we build bots
[2016-08-04 19:22:09] justinlooking : and set alerts
[2016-08-04 19:22:20] Rado : you can also use stop orders'I never leave a trade without a stp
[2016-08-04 19:22:23] Rado : stop
[2016-08-04 19:22:31] Rado : even if I am here
[2016-08-04 19:22:38] Rado : market moves too fast
[2016-08-04 19:22:43] justinlooking : stops are for buses
[2016-08-04 19:23:02] wotan : Ngoc Thai vietnam over 34 years without sleep, this could be our super human trader:)
[2016-08-04 19:23:10] macios15 : again stamp
[2016-08-04 19:23:12] macios15 : nice
[2016-08-04 19:23:20] macios15 : 100btc
[2016-08-04 19:23:23] macios15 : lol
[2016-08-04 19:24:00] jesperf : when ya gotta take a dump ya gotta take a dump
[2016-08-04 19:24:12] jesperf : ain't no hodling back
[2016-08-04 19:24:30] Rado : nice wicks on stamps
[2016-08-04 19:24:52] jesperf : it's a bit retarded actually
[2016-08-04 19:26:53] jesperf : coinbase joins the poop party
[2016-08-04 19:30:27] negamax : hey everyone, a new user here. If I close a trade at market; would it be closed at Mark Price?
[2016-08-04 19:30:35] negamax : or it depends on the liquidity?
[2016-08-04 19:31:24] rapidtrades : still a bit surreal that finex is gone
[2016-08-04 19:31:31] justinlooking : for real
[2016-08-04 19:31:48] justinlooking : negamax: close at market will sell bids / buy offers
[2016-08-04 19:32:09] rapidtrades : i find it hard to believe their outtage last month isn't somehow related
[2016-08-04 19:32:10] negamax : justinlooking: got it thanks
[2016-08-04 19:32:28] justinlooking : it was dc migration?
[2016-08-04 19:33:47] rapidtrades : is it possible that the tech guys stole their keys
[2016-08-04 19:34:59] negamax : rapidtrades: working in dc doesn't mean they have access to data (did that for a fortune X)
[2016-08-04 19:35:39] negamax : they pretty much can only move nuts and bolts and everything gets logged
[2016-08-04 19:36:22] rapidtrades : and finex says its not inside job...so smth like that could prolly get caught easily
[2016-08-04 19:36:41] jesperf : 8 hours left of EST time, let's see how that goes ;)
[2016-08-04 19:37:08] rapidtrades : i'll tell u how it goes right now
[2016-08-04 19:37:29] rapidtrades : they ain't coming up :)
[2016-08-04 19:37:33] justinlooking : whose dc are they in?
[2016-08-04 19:37:36] justinlooking : nvm i will check
[2016-08-04 19:38:16] rapidtrades : wait a min....prices on sept barely moved yet DPE spiked from 0.7% to 3%
[2016-08-04 19:38:21] rapidtrades : wtf bitmex
[2016-08-04 19:39:05] negamax : rapidtrades: I am regretting opening trade on XBTU16; huge spread and no movement
[2016-08-04 19:39:27] justinlooking : rapid it's dumped $10??
[2016-08-04 19:39:42] rapidtrades : no man 3 hrs no recent trades
[2016-08-04 19:39:48] negamax : look at the recent trades
[2016-08-04 19:40:00] justinlooking : u really need the mark price explained again?
[2016-08-04 19:40:20] negamax : me?
[2016-08-04 19:40:48] rapidtrades : it's a bit weird to move the mark when we haven't had trades
[2016-08-04 19:41:48] rapidtrades : they used weighted average of bid/asks so easy to manipulate by shifting the bid/asks
[2016-08-04 19:42:09] justinlooking : they use xbt idx + manual basis
[2016-08-04 19:43:02] rapidtrades : not afaik
[2016-08-04 19:43:24] rapidtrades : they use weighted bid/asks with some manual override when spread gets wide
[2016-08-04 19:44:14] justinlooking : look at spec: Fair Basis Calculation Fair Basis is manually adjusted at invervals to match the market.
[2016-08-04 19:44:28] justinlooking : Fair Basis 43.46
[2016-08-04 19:44:46] rapidtrades : fair basis just shows the current premium to spot
[2016-08-04 19:45:17] cryptobull : Why isn't NXT futures available here? :(
[2016-08-04 19:45:27] rapidtrades : why?
[2016-08-04 19:45:30] rapidtrades : WHY
[2016-08-04 19:45:35] cryptobull : WHYYYY
[2016-08-04 19:45:42] rapidtrades : cos it's dumb
[2016-08-04 19:45:52] cryptobull : it's not
[2016-08-04 19:45:56] cryptobull : NXT is kewl
[2016-08-04 19:46:10] rapidtrades : WHY CAN'T WE HAVE A NEW BTC QUANTO WHEN THERE ARE ALL THESE SHITCOINS TO TRADE
[2016-08-04 19:47:09] justinlooking : rapid, do you respect trends?
[2016-08-04 19:48:06] rapidtrades : maybe, what's it to you?
[2016-08-04 19:48:42] jesperf : the problem with crypto trends is that they can flip immediately
[2016-08-04 19:49:30] justinlooking : https://coinmarketcap.com/charts/
[2016-08-04 19:49:45] justinlooking : look at last chart
[2016-08-04 19:50:42] justinlooking : alts aint going away anytime soon
[2016-08-04 19:50:44] rapidtrades : did bitcoin broke the 10b mark during rally
[2016-08-04 19:51:15] rapidtrades : fees are too high
[2016-08-04 19:52:45] rapidtrades : justinlooking: that's mostly shitter
[2016-08-04 19:52:52] rapidtrades : sorry shether
[2016-08-04 19:53:17] rapidtrades : gonna crash eventually and we'll be back at 90%+
[2016-08-04 19:53:24] negamax : justinlooking: BTC + ETH +ETC = > 95%
[2016-08-04 19:55:41] rapidtrades : does bitmex have an actual office in HK
[2016-08-04 19:56:15] rapidtrades : cos we just found out that bitfinex didn't have one...they did everything online with ppl all over
[2016-08-04 19:56:23] jesperf : no bitmexxers in chat right now :(
[2016-08-04 19:56:31] jesperf : or is it bitmexicans?
[2016-08-04 19:56:33] jesperf : :D
[2016-08-04 19:56:58] jesperf : i thought this was a mexican exchange the first time i heard about it
[2016-08-04 19:58:01] rapidtrades : don't let Trump hear :)
[2016-08-04 19:58:15] jesperf : i doubt office prices are the same as in the US in HK
[2016-08-04 19:58:16] negamax : they have like 7 employees on linkedin including founding team; it's pretty small operation; it be good to not have office
[2016-08-04 19:58:24] negamax : why burn money in HK realestate
[2016-08-04 19:58:39] rapidtrades : well most are there now so....
[2016-08-04 19:58:43] jesperf : they probably have some lil cozy place
[2016-08-04 19:59:01] rapidtrades : arthur's basement?
[2016-08-04 19:59:12] negamax : basement in HK?
[2016-08-04 19:59:17] negamax : look at that city
[2016-08-04 20:00:21] jesperf : arthur's plastic clad attic with chainsaws
[2016-08-04 20:00:30] negamax : lol
[2016-08-04 20:01:31] jesperf : more free money for the longs a while longer it seems
[2016-08-04 20:01:52] jesperf : well it ain't free if the price keeps falling..
[2016-08-04 20:02:27] rapidtrades : free monies
[2016-08-04 20:02:49] negamax : I shorted XBT but on wrong instrument; XBTU16!
[2016-08-04 20:03:03] negamax : don't count on downturn; UK just reduced interest rate
[2016-08-04 20:03:43] jesperf : yay UK people go grab some loans plz
[2016-08-04 20:04:04] negamax : no no, don't become like US
[2016-08-04 20:04:22] jesperf : it's the same thing as margin trading
[2016-08-04 20:04:35] jesperf : trading with what ya ain't got
[2016-08-04 20:05:05] negamax : my complaint is the spread and lack of liquidity in this contract
[2016-08-04 20:38:52] REKT : Liquidated long on `ETHXBT`: Sell 25 @ 0.01901
[2016-08-04 20:55:52] REKT : Liquidated short on `XBTUSD`: Buy 3000 @ 563.58
[2016-08-04 21:07:16] wotan : short or long from here in btc hard to say
[2016-08-04 21:07:27] aethlios : good news from finex and a rally above 600 I believe.
[2016-08-04 21:07:30] wotan : could be a dump after bitfinex news
[2016-08-04 21:07:47] wotan : aethlios the quesation is what the news will be
[2016-08-04 21:07:55] wotan : if bad news it could be another downer
[2016-08-04 21:08:11] mjmj83 : when is news expected?
[2016-08-04 21:08:40] wotan : what kind of good news you expect aethlios?
[2016-08-04 21:10:56] wotan : im flat and watching better at the moment
[2016-08-04 21:12:22] BTCDJS : Hey! How about adding a shifty button to deposits? Anyone agree with that? It would make life a lot easier for crypto holders.
[2016-08-04 21:22:13] biglez : Anyone seeing issues with their unrealized pnl?
[2016-08-04 21:27:52] justinlooking : not here
[2016-08-04 21:34:56] esuvari : hey, anyone from bitmex?
[2016-08-04 21:35:59] CaptainDean : Not sure what worst new they can annonce, maybe that will close or have a long dealy before they are up and running
[2016-08-04 21:36:16] CaptainDean : delay**
[2016-08-04 21:48:35] Eastbay : WTF!? i lost .3btc in 24hours on a 1btc short, this shit is RIDICULOUS!!!!
[2016-08-04 21:48:45] Eastbay : on funding BS
[2016-08-04 21:48:50] zanza : what leverage?
[2016-08-04 21:48:57] Eastbay : x15
[2016-08-04 21:49:09] Eastbay : the funding is insane
[2016-08-04 21:49:35] zanza : funding can go both ways though
[2016-08-04 21:51:05] Eastbay : yeah well it fucking destroyed 30% of my funds in 24hours, quick question, if i go into a trade that gets interest right before funding ends, then close the trade a few miunutes after funding, will i be able to collect the interest?
[2016-08-04 21:51:19] zanza : also, the past 3 fundings were .4 .26 .29
[2016-08-04 21:51:26] zanza : which would be impossible to lose .3 BTC from
[2016-08-04 21:51:44] Eastbay : i got hit with the 6% one too
[2016-08-04 21:52:11] Eastbay : and my liquidation price changed from 591 to 576?
[2016-08-04 21:52:20] Eastbay : this shit is SUPER BUGGY
[2016-08-04 21:52:23] Eastbay : and mods around?
[2016-08-04 21:52:40] zanza : ok, the last 4 funding periods wold be .24 BTC at 15x
[2016-08-04 21:53:22] Eastbay : yeah
[2016-08-04 21:53:55] zanza : how much would Bitfinex cost?
[2016-08-04 21:54:00] zanza : if they were alive
[2016-08-04 21:54:19] Eastbay : im just gonna get a vpn and go to okcoin
[2016-08-04 21:55:29] zanza : wow OKC futures are slightly negative
[2016-08-04 21:55:37] zanza : expectation of price dropping
[2016-08-04 21:56:03] zanza : considering we held at 650$ for weeks, that is strange they are predicting below $560 now
[2016-08-04 21:56:51] Eastbay : i will prob lose my whole position before it does with all these FUCKING BULLSHIT FUNDINGS
[2016-08-04 21:56:59] justinlooking : it's the roll
[2016-08-04 21:57:20] Eastbay : its crap, they need to stop this bs
[2016-08-04 21:57:36] Eastbay : and go to the normal trade fees that other exchanges do
[2016-08-04 21:57:47] zanza : finex has funding
[2016-08-04 21:57:51] zanza : and OKC has premium
[2016-08-04 21:58:54] zanza : so are you short or long Eastbay ?
[2016-08-04 22:00:13] zanza : im guessing short
[2016-08-04 22:00:17] ayy_lmao : yah
[2016-08-04 22:00:19] ayy_lmao : just dont short
[2016-08-04 22:00:39] Eastbay : fuckiong short for over 24hours
[2016-08-04 22:00:45] ayy_lmao : im prefer weekly settlments
[2016-08-04 22:00:52] ayy_lmao : but bitmex moved to swaps
[2016-08-04 22:00:58] ayy_lmao : so gotta deal with the funding
[2016-08-04 22:01:03] Eastbay : shorted the top of the last spike 24hours ago, and been getting bleed by the FUNDINGS CRAP
[2016-08-04 22:01:11] ayy_lmao : yah it sucks
[2016-08-04 22:01:19] ayy_lmao : even when you are in profit you get drained
[2016-08-04 22:01:39] Eastbay : do shorts always get taxxed like that during funding?
[2016-08-04 22:01:47] ayy_lmao : it changes back and forth
[2016-08-04 22:01:54] ayy_lmao : sometimes its longs who get fucked
[2016-08-04 22:02:02] ayy_lmao : it depends on how many shorts and longs there are
[2016-08-04 22:02:18] ayy_lmao : if u see high negative funding, it means alot of people are trying to short
[2016-08-04 22:02:24] ayy_lmao : and so you pay the fee for swap
[2016-08-04 22:02:32] REKT : Liquidated long on `ETC7D`: Sell 93 @ 0.004029
[2016-08-04 22:02:33] ayy_lmao : vica versa for postive funding
[2016-08-04 22:02:52] Eastbay : im really frusturated with the funding, i feel blindsided with this BS, I HATE THIS EXCHANGE
[2016-08-04 22:03:16] ayy_lmao : its not fun i agree
[2016-08-04 22:03:32] ayy_lmao : ive had very profitable positions before, and got my profits drained from the funding
[2016-08-04 22:03:47] ayy_lmao : paid like 0.5-1 btc just to hold the position for funding
[2016-08-04 22:03:49] ayy_lmao : every 8 hours
[2016-08-04 22:04:27] ayy_lmao : anyways if u see funding % over like 0.1
[2016-08-04 22:04:50] Eastbay : just close the trade before the funding clock ends right
[2016-08-04 22:04:53] zanza : basically, i the price goes up, Longs get taxes, if the price goes down, shorts get taxed
[2016-08-04 22:04:56] ayy_lmao : yah that too
[2016-08-04 22:05:16] justinlooking : in case anyone doesn't know there's a chart... https://www.bitmex.com/app/index/.XBTUSDPI8H
[2016-08-04 22:05:17] zanza : with any leverage system, you have to have some sort of fee system like this
[2016-08-04 22:05:21] ayy_lmao : if you see negative funding over 0.1%, and you are trying to short, best to short
[2016-08-04 22:05:28] ayy_lmao : even if it means missing out
[2016-08-04 22:05:29] zanza : it will either be a funding rate, premium or other interest
[2016-08-04 22:05:35] ayy_lmao : best not to short*
[2016-08-04 22:05:48] zanza : if you shorted at 65 0to 480
[2016-08-04 22:05:51] zanza : you would have done well
[2016-08-04 22:05:52] ayy_lmao : but i all depends on how much you think you will make and how fast
[2016-08-04 22:06:21] ayy_lmao : sometimes the you can deal with high funding rates if you expect to be in and out fast or make alot to cover the fee
[2016-08-04 22:06:28] ayy_lmao : but long term position with high funding is rekt
[2016-08-04 22:08:28] ayy_lmao : swaps contract are touted as letting user hold positions forever, but the way its setups almost makes some people try and do the opposite to avoid funding fee, meaning closing positions before the funding round. But its all situational.
[2016-08-04 22:08:50] ayy_lmao : honestly i prefer weekly contracts, but bitmex no longer supports them so nothing i can do about that
[2016-08-04 22:09:32] REKT : Liquidated short on `XBTUSD`: Buy 3450 @ 566.34
[2016-08-04 22:10:22] REKT : Liquidated short on `XBTUSD`: Buy 19000 @ 567.37
[2016-08-04 22:10:50] ayy_lmao : basically bitmex has a 24 hour contract which was really popular (had market maker liquidity), more popular than their weekly, but people started complaining that it was too short.
[2016-08-04 22:10:57] ayy_lmao : so bitmex made the swap
[2016-08-04 22:12:53] Eastbay : hey if im in a position and change the leverage bar around (15x-cross-x15-x25), it changes my Margin? whats up with that, is it changing my trade..
[2016-08-04 22:13:29] justinlooking : it's changing the margin assigned to ur trade, and resetting liq price
[2016-08-04 22:13:41] ayy_lmao : ^
[2016-08-04 22:13:48] ayy_lmao : ur contracts size and entry stats the same
[2016-08-04 22:14:06] ayy_lmao : its just modifies the maintenance margin and liq as justlooking said
[2016-08-04 22:14:44] Eastbay : im still confused, so i can change the leverage mid trade?
[2016-08-04 22:14:49] Eastbay : thanks for explaining
[2016-08-04 22:14:55] Eastbay : mods seem to be AWOL
[2016-08-04 22:15:59] justinlooking : yes
[2016-08-04 22:16:35] Eastbay : it also raised my Liq. price
[2016-08-04 22:18:00] ayy_lmao : yeah but i would be careful wit that
[2016-08-04 22:18:11] ayy_lmao : because it could put you dangerously close to being liq
[2016-08-04 22:18:35] ayy_lmao : i would only modify before entering in a trade
[2016-08-04 22:31:12] zanza : looks like bitMex will be delisting 30 Sep XBT once it expires and not replacing
[2016-08-04 22:31:45] zanza : too bad, I always liked the classic setup of long dated futures, problem is most people don't know how to play them, or just want to play Bitcoin dice
[2016-08-04 22:35:19] Rado : zanza: I love quarterly or monthly
[2016-08-04 22:35:45] Rado : you can use the swap as a hedge for your long term position
[2016-08-04 22:38:04] habibi : 63% loss
[2016-08-04 22:38:10] habibi : on finex btc funds
[2016-08-04 22:38:23] habibi : no loss on altcoins holders at all
[2016-08-04 22:38:52] Rado : 63%?