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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[2016-08-11 08:56:17] habibi : now u starting talking to urself, nice.
[2016-08-11 08:56:28] Ugly_Old_Goat : But the hack was in Bitgo
[2016-08-11 08:56:43] rapidtrades : u still lost everything ddn't u
[2016-08-11 08:56:51] rapidtrades : so how are they handling it well
[2016-08-11 08:56:51] REKT : Liquidated short on `ETC7D`: Buy 150 @ 0.003224
[2016-08-11 08:56:58] Ugly_Old_Goat : It was like a dsconnect between Bitgo and Bitnfinex
[2016-08-11 08:57:16] rapidtrades : Ugly_Old_Goat: https://en.wikipedia.org/wiki/Stockholm_syndrome
[2016-08-11 08:57:46] Ugly_Old_Goat : Not that at all
[2016-08-11 08:58:09] Ugly_Old_Goat : I got hit at scrypt.cc
[2016-08-11 08:58:22] Ugly_Old_Goat : I also got hit at cyptsy
[2016-08-11 08:59:00] Ugly_Old_Goat : But I made a bundle at script and lost abut 5 btc at Crypsty
[2016-08-11 08:59:32] Ugly_Old_Goat : I am out about 10btc at Bitifinex if i can access my account
[2016-08-11 09:00:01] Ugly_Old_Goat : But I made a whole lot more than that at Bitfinex as I do a lot of arb
[2016-08-11 09:01:00] Ugly_Old_Goat : I really hope they survive and I will continue with them if they just give me the clip and their IOU
[2016-08-11 09:01:41] Tetsuo : wow
[2016-08-11 09:01:42] Ugly_Old_Goat : I also got hacked at another major exchange which I won't mention
[2016-08-11 09:02:05] Tetsuo : u seem to be a lucky guy who is aware of risks
[2016-08-11 09:02:28] Ugly_Old_Goat : But it was kind of a joint effort so we worked out a deal where I trade for free and will make up the loss over time
[2016-08-11 09:02:49] Ugly_Old_Goat : Already made it all back up until this Bitfines hack
[2016-08-11 09:05:06] Ugly_Old_Goat : I love crypto, but the risks are incredible
[2016-08-11 09:05:18] Tetsuo : "Rape me"
[2016-08-11 09:05:38] Ugly_Old_Goat : I trade tremendously well, but have given back at least 25% in hacks
[2016-08-11 09:06:20] Ugly_Old_Goat : I like this market, but find it difficult due to the huge spreads
[2016-08-11 09:06:36] Ugly_Old_Goat : I use it primarily for heding
[2016-08-11 09:06:40] Ugly_Old_Goat : hedgin
[2016-08-11 09:06:46] Ugly_Old_Goat : hedging
[2016-08-11 09:07:25] Ugly_Old_Goat : And for spec
[2016-08-11 09:07:37] Ugly_Old_Goat : But I make my bones in arb
[2016-08-11 09:10:47] rapidtrades : yeah im done with arbing
[2016-08-11 09:11:04] rapidtrades : i lost all my arb profits this year in that 'socialized loss'
[2016-08-11 09:11:28] rapidtrades : the arbs are there because of the high counter-party risk
[2016-08-11 09:12:14] rapidtrades : long-term you will likely not come out ahead
[2016-08-11 09:12:24] UglyOldGoat : Anybody home?
[2016-08-11 09:13:07] rapidtrades : yeah ur whore mother is at home, serving customers
[2016-08-11 09:13:07] Tetsuo : everybodys at the doctor gettin an Anus praeter
[2016-08-11 09:15:18] Ugly_Old_Goat : I have been doing this since August 2013 which is long term in crypto
[2016-08-11 09:15:31] Ugly_Old_Goat : made money every year, even in down markets
[2016-08-11 09:16:25] Ugly_Old_Goat : And despite getting clipped at Bitfinex, Cryptsy , Script and by the way also Coinbase!!!
[2016-08-11 09:16:35] rapidtrades : coinbase u say?
[2016-08-11 09:16:43] Ugly_Old_Goat : Yes, Coinbase!!!
[2016-08-11 09:16:45] rapidtrades : when did coinbase get haxed
[2016-08-11 09:16:47] rapidtrades : !!!!!
[2016-08-11 09:16:53] Ugly_Old_Goat : Not hacked
[2016-08-11 09:17:09] Ugly_Old_Goat : They closed my account without cause
[2016-08-11 09:17:21] Ugly_Old_Goat : Which is fine, but the way they did it
[2016-08-11 09:17:32] rapidtrades : yeah that's coinbase for u
[2016-08-11 09:17:37] Ugly_Old_Goat : I used the to cover my arbvs
[2016-08-11 09:18:18] Ugly_Old_Goat : The did not honor over 50 btc I had ordered buy had not been paid with ACH
[2016-08-11 09:18:54] Ugly_Old_Goat : And the ACH paid were closed out for the price I paid when delivery was due!!
[2016-08-11 09:19:31] Ugly_Old_Goat : I had about 40btc bot $100 below the current market and also my hedges where blown out
[2016-08-11 09:19:49] Ugly_Old_Goat : I sued them. And they settled with me
[2016-08-11 09:19:58] Ugly_Old_Goat : But I do not recommend doing that
[2016-08-11 09:20:26] Ugly_Old_Goat : I am also a jailhouse lawyer so know my way around the courts.
[2016-08-11 09:20:32] rapidtrades : cool
[2016-08-11 09:20:52] Ugly_Old_Goat : Bascially, don't fuck with me.
[2016-08-11 09:20:54] rapidtrades : wanna sue bitfinex?
[2016-08-11 09:21:06] Ugly_Old_Goat : No, not unless I have too
[2016-08-11 09:21:16] Ugly_Old_Goat : And it will not be them
[2016-08-11 09:21:23] Ugly_Old_Goat : They are in Hong Hong
[2016-08-11 09:21:38] Ugly_Old_Goat : Bitgo is in CA and I am in CA
[2016-08-11 09:21:40] rapidtrades : check out our new sub https://www.reddit.com/r/bitfinexcal/
[2016-08-11 09:23:01] Ugly_Old_Goat : The class action is a very bad idea
[2016-08-11 09:23:08] Ugly_Old_Goat : Only the lawyers benefit
[2016-08-11 09:23:10] rapidtrades : or a very good idea
[2016-08-11 09:23:22] Ugly_Old_Goat : A horrible idea
[2016-08-11 09:23:31] Ugly_Old_Goat : You will get little or nothing
[2016-08-11 09:23:43] rapidtrades : dude its' the only way to sue when u don't have 50k-100k on the line
[2016-08-11 09:23:46] rapidtrades : what do u suggest
[2016-08-11 09:23:51] Ugly_Old_Goat : If you win the lawyers and dispersment eats up everything
[2016-08-11 09:24:03] Ugly_Old_Goat : Wrong
[2016-08-11 09:24:08] rapidtrades : we just need to force them into bankruptsy
[2016-08-11 09:24:23] rapidtrades : this isn't a usual years long trial iwtha solvent company
[2016-08-11 09:24:35] rapidtrades : after they're declared broke, liquidator takes over
[2016-08-11 09:24:46] Ugly_Old_Goat : Plus the terms and conditions ususaly waive class action and require arbitration
[2016-08-11 09:25:09] rapidtrades : well there's nothing in the terms about socializing losses either
[2016-08-11 09:25:10] Ugly_Old_Goat : But you can go to small claims and easily win $10k
[2016-08-11 09:25:15] habibi : rapidtrades: u wanna see blood, tip from me, wait up to 6 months and if u won't recover substantial/whole part of hair cut then do whatever u want. Just a tip
[2016-08-11 09:25:33] rapidtrades : bitfinex will not last 6 months dude
[2016-08-11 09:25:48] habibi : rapidtrades: do u want to put money on ur mouth or u still scared?
[2016-08-11 09:25:54] rapidtrades : sleger told u that the first guy who doesn't get his money can decalre them insolvent
[2016-08-11 09:25:58] Ugly_Old_Goat : Agreed, but it is the only solution and one this platform recongized from the outset
[2016-08-11 09:26:50] rapidtrades : please tell me how am i suppose to file a small claims toward a company in HK/BVI
[2016-08-11 09:27:09] Ugly_Old_Goat : They are essentially offering an IOU which I will accept
[2016-08-11 09:27:22] Ugly_Old_Goat : I do not want to sue Bitgo either
[2016-08-11 09:27:30] rapidtrades : 1. i will need a local lawyer 2. or expensive plane ticket and then i have to stay there for days/months
[2016-08-11 09:27:39] Ugly_Old_Goat : I truly want these companies to succeed
[2016-08-11 09:27:40] habibi : rapidtrades: u so sure about ur thinks, comeone lets bet. 1 btc from me for that u will recover at least substantial part of loss( more than 40% lets say) If not u win
[2016-08-11 09:27:53] rapidtrades : 40% not good enough
[2016-08-11 09:28:15] Ugly_Old_Goat : So why not work with them for a reasonable solution?
[2016-08-11 09:28:21] rapidtrades : over 80% i would consider a good deal
[2016-08-11 09:28:32] rapidtrades : Ugly_Old_Goat: i will try...emaling them today
[2016-08-11 09:28:53] Ugly_Old_Goat : emailing who about what?
[2016-08-11 09:29:00] Ugly_Old_Goat : Bitfinex?
[2016-08-11 09:29:05] rapidtrades : yea
[2016-08-11 09:29:17] Ugly_Old_Goat : Wait and see how things pan out
[2016-08-11 09:29:26] rapidtrades : wtf u ppl are retarded
[2016-08-11 09:29:42] Ugly_Old_Goat : Every indication is they are not running or hiding but meeting the challenge head on?
[2016-08-11 09:30:00] Ugly_Old_Goat : If you get clipped for the 35% how much are you down?
[2016-08-11 09:30:01] habibi : rapidtrades: u said finex won't exist in 6 months so it should be still sure bet for u anyway. don't be fuckin pussy
[2016-08-11 09:30:14] rapidtrades : doesn't matter it only takes 1 unpaid claim to force them into liquidation/restructuring
[2016-08-11 09:30:28] Ugly_Old_Goat : The have a good platform and the momentum for success
[2016-08-11 09:30:37] rapidtrades : are u kidding
[2016-08-11 09:30:52] rapidtrades : their platform crashes whenever there's load
[2016-08-11 09:30:58] rapidtrades : its laggy piece of shit
[2016-08-11 09:31:06] habibi : and u still used that u piece of shit?
[2016-08-11 09:31:11] Ugly_Old_Goat : I am a decent sized trader and will resume has soon as I get access the the 65% left
[2016-08-11 09:31:14] rapidtrades : their momentum is 50% of customers cashing out
[2016-08-11 09:31:27] rapidtrades : Ugly_Old_Goat: u love rape like Tetsuo said
[2016-08-11 09:31:29] Ugly_Old_Goat : I am sure other large players will do the same
[2016-08-11 09:31:43] Ugly_Old_Goat : Its not rape
[2016-08-11 09:31:47] habibi : Ugly_Old_Goat: he got 3 btc at the time of hack and i guess mayb twice in usd
[2016-08-11 09:31:52] Ugly_Old_Goat : I am free white and 21
[2016-08-11 09:31:59] Ugly_Old_Goat : I knew what I was getting into
[2016-08-11 09:32:09] rapidtrades : Ugly_Old_Goat: ur right...guess u like getting f*cked in the ass
[2016-08-11 09:32:09] Ugly_Old_Goat : Read the terms of service
[2016-08-11 09:32:28] rapidtrades : THERE'S NOTHING IN THE TERMS ABOUT SOCIALIZING LOSSES
[2016-08-11 09:32:39] rapidtrades : but u know what's there? segregated wallets
[2016-08-11 09:32:55] Ugly_Old_Goat : It is unfortunate but they are not disappearing like cryptsy or scrypt.cc
[2016-08-11 09:33:08] Ugly_Old_Goat : And they are not dishonest like Coinbase
[2016-08-11 09:33:18] Ugly_Old_Goat : They just fucked up big time
[2016-08-11 09:33:20] rapidtrades : they are dishonest
[2016-08-11 09:33:27] rapidtrades : wtf is wrong with u ppl
[2016-08-11 09:33:46] Ugly_Old_Goat : How?
[2016-08-11 09:33:53] rapidtrades : wtf is that token? it's not even backed by antyhing....not redeemable its shit
[2016-08-11 09:34:05] Ugly_Old_Goat : The got hacked and they shut down as soon as they caught it
[2016-08-11 09:34:11] Ugly_Old_Goat : Too bad it took so long
[2016-08-11 09:34:12] rapidtrades : it's basically a 'plz dont use us cos u may get ur monies at some date in the future'
[2016-08-11 09:34:40] rapidtrades : f*ck em i don't want that shit
[2016-08-11 09:34:49] Ugly_Old_Goat : This hack had to be done by a gang because they hit the Bitgo accounts quickly
[2016-08-11 09:35:02] rapidtrades : do u know scripts bro
[2016-08-11 09:35:07] rapidtrades : how about inside job
[2016-08-11 09:35:08] Ugly_Old_Goat : Fine, read the terms and conditions
[2016-08-11 09:35:19] Ugly_Old_Goat : You essentially agreed to it
[2016-08-11 09:35:25] rapidtrades : agreeed to what lol
[2016-08-11 09:35:38] Ugly_Old_Goat : Not what you planned, not what they planeed
[2016-08-11 09:35:41] Ugly_Old_Goat : shit happends
[2016-08-11 09:36:00] Ugly_Old_Goat : Read the terms and conditions
[2016-08-11 09:36:02] rapidtrades : shit happens? yeah thats gonna hold up in court
[2016-08-11 09:36:09] Ugly_Old_Goat : Yup
[2016-08-11 09:36:16] rapidtrades : ur a tool
[2016-08-11 09:36:22] Ugly_Old_Goat : You agree to the terms and conditions
[2016-08-11 09:36:36] Ugly_Old_Goat : Ok, so now its my fautl
[2016-08-11 09:36:38] rapidtrades : i agree to buttf*Ck ur mother how about that
[2016-08-11 09:36:45] rapidtrades : i pay $1 dollah
[2016-08-11 09:36:55] Ugly_Old_Goat : Don't play if you can't take the risk
[2016-08-11 09:37:25] rapidtrades : risk being exchange taking my money to pay for the hack of bitcoins which i didn't own
[2016-08-11 09:37:27] Ugly_Old_Goat : Put you money in a federaly insured bank and enjoy the safety
[2016-08-11 09:37:29] rapidtrades : right that risk
[2016-08-11 09:38:00] Ugly_Old_Goat : So what did you have? All alts?
[2016-08-11 09:38:22] Ugly_Old_Goat : The clipped me the 35% in btc, etc, and lite
[2016-08-11 09:39:04] Ugly_Old_Goat : Look it is either that or they shut down and we out a great deal more or probably everything
[2016-08-11 09:39:48] Ugly_Old_Goat : I will carry on as though nothing happened and continue to make money and hopefully Bitfinex will make money and we also come out ahead in the long run
[2016-08-11 09:40:06] Ugly_Old_Goat : Beleive me, it is the only viable solution
[2016-08-11 09:40:33] Ugly_Old_Goat : Cry and lose or lick your wounds and keep playing the game
[2016-08-11 09:40:36] rapidtrades : Ugly_Old_Goat: I HAD DOLLARS BUDDY
[2016-08-11 09:40:41] rapidtrades : COLD HARD CASH
[2016-08-11 09:40:43] habibi : Ugly_Old_Goat: high possibility u will recover ur haircut in medium term, just keep tokens, or rebuy them lower
[2016-08-11 09:40:46] Ugly_Old_Goat : So did I
[2016-08-11 09:40:47] rapidtrades : and 2 btc but mostly usd
[2016-08-11 09:41:10] rapidtrades : don't listen to hajibi, he's our resident jester
[2016-08-11 09:41:37] Ugly_Old_Goat : I wired $10k and it was converted to btc and sent somewhere without my doing
[2016-08-11 09:41:58] Ugly_Old_Goat : The transaction never showed in my account
[2016-08-11 09:42:25] rapidtrades : sucks to be u my friend but ain't my problem
[2016-08-11 09:42:58] Ugly_Old_Goat : I bot Btc, requested a withdraw, got approved and even a confirmation number, that is when they found the hack
[2016-08-11 09:43:26] Ugly_Old_Goat : No point in this conversation
[2016-08-11 09:43:32] Ugly_Old_Goat : Good luck my friend
[2016-08-11 09:44:52] rapidtrades : unless ur specific wallet was hacked, u have a case even if u held BTC
[2016-08-11 09:45:00] rapidtrades : imo
[2016-08-11 09:47:32] rapidtrades : they advertised 'segregated wllets'
[2016-08-11 09:47:37] rapidtrades : it's even in the TOS
[2016-08-11 09:56:15] ixess : anyone know the difference between cross and 1x?
[2016-08-11 09:56:39] habibi : cross - ur whole balance is taken so u can actually go under 1x
[2016-08-11 09:59:26] ixess : what's the point, why not just buy it?
[2016-08-11 10:06:55] BitMEX_Jinming : ixess: for short, you may lost more than 1x
[2016-08-11 10:08:36] BitMEX_Jinming : ixess: also, `cross` doesn't immediately lock 1x margin, so you can still open more positions.
[2016-08-11 10:10:47] Airmike : BitMEX_Jinming: Hi, I have one question. do you have any direct contact to talk about LP deals on the BitMex , please ?
[2016-08-11 10:12:02] Airmike : I have tried to ask BitMex_Willy 2 days ago , but I haven't receive any answer yet.
[2016-08-11 10:12:30] BitMEX_Jinming : Airmike: Sorry what do you mean by "LP deals"? You can always send email to support@bitmex.com
[2016-08-11 10:13:41] Airmike : Liquidity providing. deals for marketmakers.
[2016-08-11 10:14:39] BitMEX_Jinming : Airmike: Sure, can you send details to support@bitmex.com, our CEO Arthur will look into that.
[2016-08-11 10:15:28] Ugly_Old_Goat : Hey as long as you are the maker you get paid here
[2016-08-11 10:15:35] Ugly_Old_Goat : Commission is for takers only
[2016-08-11 10:16:06] Airmike : I would like to talk about providing liquidity on the exchange. Maybe could be interesting for you to make deal with external LP firm. increase volume and make spreads a bit smaler
[2016-08-11 10:16:23] Airmike : BitMEX_Jinming: thank you
[2016-08-11 10:17:10] BitMEX_Jinming : Airmike: yeah we would be interested.
[2016-08-11 10:18:24] Mm bot : Anyone holding ETH long since 0.013? or everyone only do short term trades here on Bitmex
[2016-08-11 10:27:16] rapidtrades : why is the expiry for the token aug 26
[2016-08-11 10:27:35] rapidtrades : seems a bit arbitrary
[2016-08-11 10:36:13] BitMEX_Jinming : rapidtrades: it's a monthly contract, expires on last Friday of the month
[2016-08-11 10:41:53] rapidtrades : cool beans
[2016-08-11 10:42:02] aethlios : 0.31 bfx, neither to buy neither to sell, excellent to accumulate your own debt....
[2016-08-11 10:42:27] rapidtrades : it's useful if u want to hedge ur shit tokens and not lose ur right to sue
[2016-08-11 10:42:51] rapidtrades : if they go bankrupt at least u get smth cos they go to 0
[2016-08-11 10:43:15] rapidtrades : if they get bought up, it could go to $1
[2016-08-11 10:43:36] rapidtrades : so it's kinda takeover coin
[2016-08-11 10:53:02] rapidtrades : bad idea to make it a quanto tho, that makes hedging very diffcult
[2016-08-11 10:56:49] xexe : can you link me to a hedging example with ext math calcs similar to https://www.bitmex.com/app/lesson4#hedging but with xbtusd everlasting swap thing instead of fut?
[2016-08-11 10:58:48] rapidtrades : no but it would be mostly the same thing cos swap is linear
[2016-08-11 10:59:56] BitMEX_Wally : If you have 1 Bitcoin to hedge then sell 595 contracts of XBTUSD at $595
[2016-08-11 11:04:21] REKT : Liquidated short on `ETC7D`: Buy 50 @ 0.003223
[2016-08-11 11:17:52] REKT : Liquidated short on `ETC7D`: Buy 400 @ 0.003318
[2016-08-11 11:19:02] REKT : Liquidated short on `ETC7D`: Buy 2500 @ 0.003334
[2016-08-11 11:19:02] REKT : Liquidated short on `ETC7D`: Buy 200 @ 0.003332
[2016-08-11 11:20:12] Ugly_Old_Goat : What the heck is REKT about?
[2016-08-11 11:20:28] Ugly_Old_Goat : Makes no sense
[2016-08-11 11:20:33] germanjew : its a bot
[2016-08-11 11:21:17] germanjew : Announcing everytime some is margin called
[2016-08-11 11:21:17] migz : REKT train, people who glost money.
[2016-08-11 11:21:47] germanjew : He is quite amusing to watch when the markets go a little crazy
[2016-08-11 11:21:53] germanjew : He/it*
[2016-08-11 11:23:20] jan : Hate liqiddation what a sick system
[2016-08-11 11:24:42] germanjew : As opposed to? How would a system work where you are trading with money you don't have without liquidations?
[2016-08-11 11:25:10] germanjew : + little or no trust*
[2016-08-11 11:25:15] germanjew : +
[2016-08-11 11:26:28] jan : liqudation + insuranse and you lost half of your investment
[2016-08-11 11:29:51] xexe : XBTUSD-BMEX feed in SC is down? can somebody confirm?
[2016-08-11 11:33:04] vbmithr : Let me see this.
[2016-08-11 11:34:26] vbmithr : Yes, there is a big issue indeed
[2016-08-11 11:35:22] vbmithr : whops :)
[2016-08-11 11:41:23] vbmithr : xexe: do you have access to DTC Service in the Sierra Chart menu?
[2016-08-11 11:43:37] xexe : vbmithr: hmm dtc service. not enabled on package. just bitcoin data all services
[2016-08-11 11:44:09] vbmithr : Ok.
[2016-08-11 11:44:21] vbmithr : I'm gonna investigate more why SC stopped getting data from my server.
[2016-08-11 11:44:31] vbmithr : Likely to be fixed soon, thanks for the report!
[2016-08-11 11:45:04] vbmithr : xexe: Would you use Sierra Chart for trading (when/if it's officially supported by BitMEX)?
[2016-08-11 11:46:48] xexe : ok. i dunno. maybe. currently i use SC for charting only.
[2016-08-11 11:51:33] vbmithr : Ok
[2016-08-11 12:24:02] messiaen8844 : ETHC, BFX, BitMEX becoming the altcoin-derivate leader... I like it ;D
[2016-08-11 12:24:19] messiaen8844 : trade shitcoins without needing exposure
[2016-08-11 13:10:05] HackedOnBFX : BFX barely movin'
[2016-08-11 13:10:25] donchard : 2 confirmation nothing in my account
[2016-08-11 13:11:34] donchard : okay finally arrived
[2016-08-11 13:14:25] ett1 : lol has anyone heard phil potter whining about arthurs article
[2016-08-11 13:14:26] ett1 : https://soundcloud.com/elux-1/
[2016-08-11 13:14:35] ett1 : 17:00 part 1. what a loser
[2016-08-11 13:15:49] BitMEX_Sam : Been listening to that right now
[2016-08-11 13:16:48] ett1 : he goes on about it too much
[2016-08-11 13:19:10] ett1 : hahaha in at 23:00 and hes still crying
[2016-08-11 13:19:15] ett1 : like a little bitch
[2016-08-11 13:19:54] sleger : zane on reddit "Arthur also couldn't do the simple reasoning to figure out that USD used in a margin position, isn't actually USD anymore, and added the amount of USD used in a margin position onto the amount of bitcoin to arrive at total assets held"
[2016-08-11 13:20:13] ett1 : WTF
[2016-08-11 13:20:32] ett1 : they were running fractional in USD im sure
[2016-08-11 13:20:49] ett1 : thats why they couldnt just replace BTC with BFX
[2016-08-11 13:20:58] ett1 : thats assuming they were even hacked for real
[2016-08-11 13:24:23] BitMEX_Sam : We were calculating total assets held, not sure what whether or not USD is lent has anything to do with it
[2016-08-11 13:24:30] wilhelm : Hey Bitmex admin, seems like the mobile login page is not mobile responsive.
[2016-08-11 13:24:49] BitMEX_Sam : The point was to estimate how much USD they had deposited, margin loans are one of the only way b/c there's no public record of bank transactions
[2016-08-11 13:24:53] BitMEX_Sam : wilhelm: Which browser?
[2016-08-11 13:25:01] zanza : zane is 23 and just a Finex lackey
[2016-08-11 13:25:02] BitMEX_Sam : I've seen issues with older mobile chrome, it clears up if you update the browser
[2016-08-11 13:27:27] wilhelm : Android browser with the latest os
[2016-08-11 13:27:48] wilhelm : But no worries, still able to log in albeit funny layout haha
[2016-08-11 13:28:55] BitMEX_Sam : wilhelm: So Android 6, standard browser is Chrome I believe
[2016-08-11 13:29:09] BitMEX_Sam : Could you pull a version number if possible? I've been trying to trace this one down but haven't been able to reproduce it
[2016-08-11 13:35:22] lockhedge : PGP: "My feelings are hurt", he is so hurt that is not able to post financial statements to challenge Arthur's calculations....
[2016-08-11 13:37:35] BitMEX_Sam : I find it hugely irresponsible that they would go ahead with the haircut & start trading (& charging fees) before justifying this number
[2016-08-11 13:43:11] ett1 : +1
[2016-08-11 13:50:37] 4lph4 : bitmex is so awesome, cannot understand what I was doing over at bitfinex
[2016-08-11 13:55:51] rapidtrades : how many BTC has been withdrawn from bitfinex
[2016-08-11 14:02:29] Rado : rapidtrades: judging by the BTC volume they still have a bunch
[2016-08-11 14:03:18] Rado : 33k volume in the last 24h
[2016-08-11 14:03:52] Rado : or I don't know what I am talking about
[2016-08-11 14:05:02] lockhedge : based on their cold storage wallets, it seems at least 58k btc (soon 68k) have been withdrawn https://blockchain.info/en/address/1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g
[2016-08-11 14:06:27] 4lph4 : who believes that so many withdrawals will trigger a further short term dump on their BFX tokens?
[2016-08-11 14:07:01] messiaen8844 : willhelm, had similar issues, updated Chrome on my android mobile and now it's well
[2016-08-11 14:09:03] TA : whats your take on btc guys?
[2016-08-11 14:09:17] messiaen8844 : BTC is messy
[2016-08-11 14:09:34] TA : you think it might fall?
[2016-08-11 14:10:16] messiaen8844 : well, 470-500 zone is major major support
[2016-08-11 14:10:37] TA : and?
[2016-08-11 14:10:59] TA : you think it might fall to those levels again and then pump?
[2016-08-11 14:11:11] messiaen8844 : either that, or just retest $650-680 range
[2016-08-11 14:12:20] 4lph4 : TA it doesn't matter what anyone else thinks, noone knows for sure, what only matters is what YOU think :)
[2016-08-11 14:12:33] TA : yup :)
[2016-08-11 14:12:41] TA : but just taking others views
[2016-08-11 14:12:44] 4lph4 : I am mostly writing that to remind myself :)
[2016-08-11 14:12:51] TA : thanks guys
[2016-08-11 14:13:20] messiaen8844 : problem is that china can't pump with BFX in its current state
[2016-08-11 14:13:28] messiaen8844 : and there's no one to replace it for now
[2016-08-11 14:15:20] 4lph4 : and US customers are not able to trade them too.. /
[2016-08-11 14:15:27] 4lph4 : you are right
[2016-08-11 14:15:46] messiaen8844 : long term, I would love this ;D
[2016-08-11 14:15:47] messiaen8844 : https://www.tradingview.com/chart/BTCUSD/t7N8i5BV-Bitcoin-long-term-symmetry/
[2016-08-11 14:16:10] messiaen8844 : stamp actually hit my 470 mark lol
[2016-08-11 14:17:06] 4lph4 : looks lovely, can't deny it
[2016-08-11 14:18:18] 4lph4 : so based on that, september is not gonna be nice
[2016-08-11 14:18:33] 4lph4 : end of aug - start of sept
[2016-08-11 14:20:15] 4lph4 : don't want to see it at 480 to be honest
[2016-08-11 14:24:06] messiaen8844 : no, 470 was already hit :D
[2016-08-11 14:24:37] 4lph4 : you think? :P
[2016-08-11 14:24:45] 4lph4 : hehe
[2016-08-11 14:25:37] 4lph4 : a bit prematurely
[2016-08-11 14:25:48] 4lph4 : let's hope symmetry is not ruineddd
[2016-08-11 14:25:53] messiaen8844 : I would love some slow grind up, weeks of sideyways on 630-680 and than that lovely 4 digit retest
[2016-08-11 14:26:45] 4lph4 : actually checking the chart with detail, it's not prematurely at all...
[2016-08-11 14:26:50] 4lph4 : it confirms...
[2016-08-11 14:35:30] ett1 : If i have, say 1btc here and i short 576 XBT so i'm hedged, will i actually earn interest (better than holding USD deposits elsewhere)?
[2016-08-11 14:38:24] zanza : Finex buyside is empty
[2016-08-11 14:38:51] zanza : can you say that again ett1
[2016-08-11 14:39:28] ett1 : Bitfinex had BTC and USD wallets, but bitmex only has BTC
[2016-08-11 14:39:43] ett1 : If i have 1BTC and I wanted to be flat
[2016-08-11 14:40:01] ett1 : I could short 596 XBT contracts (or whatever the market price is)
[2016-08-11 14:40:05] ett1 : and id be hedged
[2016-08-11 14:40:17] lockhedge : ett1: if you have 1 BTC and short at 1x leverage (596 contracts) you can earn the USD interest
[2016-08-11 14:40:18] BitMEX_Wally : ett1: 596 XBTUSD contracts, correct you would be hedged
[2016-08-11 14:40:20] ett1 : Thats like holding USD deposits on bitmex
[2016-08-11 14:40:37] BitMEX_Wally : Yes, effectively you are holding synthetic USD and earning the funding rate
[2016-08-11 14:41:01] ett1 : Would my BTC balance actually rise slightly, so thats better than having USD on OKcoin say
[2016-08-11 14:41:34] ett1 : BitMEX_Wally: hold can i calculate what it would be monthly/annually for example
[2016-08-11 14:41:41] ett1 : if i understand, its a floating rate
[2016-08-11 14:41:46] ett1 : but how could i estimate
[2016-08-11 14:42:26] lockhedge : ett1: there are two main risks: DPE and interest rates could be negative for a long time during a down trend
[2016-08-11 14:43:02] sleger : historically funding on xbt swap is around 100% pa, meaning people who are long the swap at 600, in one year if xbt is worth 1200, they would have won 0 money ...
[2016-08-11 14:44:37] ett1 : if i understand correctly, it a good strategy to short 1x whevever i want to be flat (for a few weeks)
[2016-08-11 14:47:38] sleger : if nothing changes yes
[2016-08-11 14:47:53] sleger : and if you understand the risks lockhedge mentions
[2016-08-11 14:48:32] ett1 : undertand the interest rates concept, but need to understand DPE more
[2016-08-11 14:48:33] ett1 : thanks guys
[2016-08-11 14:50:24] ett1 : has bitmex considered intoducing options on XBT at all?
[2016-08-11 14:52:21] ett1 : sleger: are there charts / historical data for the rates
[2016-08-11 14:54:28] justinlooking : https://www.bitmex.com/app/index/.XBTUSDPI8H
[2016-08-11 14:54:44] BitMEX_Sam : ett1: Yes, we have considered it, but it will still be some time before futures markets are liquid enough to support it
[2016-08-11 14:54:52] justinlooking : click contract specifications, and look for "Funding Preimum sybol"
[2016-08-11 15:07:22] REKT : Liquidated long on `ETHXBT`: Sell 4 @ 0.01990 :punch: :whale:
[2016-08-11 15:20:04] macios15 : knife
[2016-08-11 15:21:01] Roevenger : did bitfinex panic start?
[2016-08-11 15:21:56] 4lph4 : panic = $5 move
[2016-08-11 15:21:59] 4lph4 : right..
[2016-08-11 15:22:16] Roevenger : maybe antecipated okcoin contract setlement
[2016-08-11 15:35:54] rapidtrades : guys if u want to check out Phil's new audio on reddit
[2016-08-11 15:35:57] rapidtrades : it's a riot
[2016-08-11 15:36:05] rapidtrades : bitfinex CSO
[2016-08-11 15:36:32] rapidtrades : honorable bitmex mention at 17:00
[2016-08-11 15:36:51] rapidtrades : he just called bitmex unprofessional LOL
[2016-08-11 15:36:59] rapidtrades : after losing 70 MILLION
[2016-08-11 15:38:34] j8 : yeah i'm listening to it now
[2016-08-11 15:38:41] rapidtrades : https://www.reddit.com/r/Bitcoin/comments/4x7jsi/bitfinex_cso_phil_potter_gets_drunk_on_teamspeak/
[2016-08-11 15:38:44] 4lph4 : lol
[2016-08-11 15:38:55] rapidtrades : they're also downvoting everything on reddit
[2016-08-11 15:39:18] rapidtrades : explains why all my posts are near 0 on r/bitfinexcal
[2016-08-11 15:39:36] zanza : sos Bitfinex CSO likes to get drunk
[2016-08-11 15:39:43] zanza : anyone see a problem with that ?
[2016-08-11 15:39:51] j8 : his feelings are hurt
[2016-08-11 15:39:57] rapidtrades : https://www.reddit.com/r/Bitfinexcal
[2016-08-11 15:40:02] rapidtrades : ^our sub
[2016-08-11 15:40:38] zanza : only like 5 total posts there
[2016-08-11 15:40:47] ett1 : BitMEX_Sam: https://soundcloud.com/elux-1/
[2016-08-11 15:40:51] zanza : 4 total comments for the whole sub
[2016-08-11 15:41:02] rapidtrades : zanza: so?
[2016-08-11 15:41:10] ett1 : part 2 29:00 mentioned again so u dont havt to listen to the whole things
[2016-08-11 15:41:30] BitMEX_Sam : Yeah, listened to all of it
[2016-08-11 15:41:42] 4lph4 : can you put a stop on a position after it's open?
[2016-08-11 15:41:49] ett1 : lol he cant emntion who is the guy to speak to involving legal stuff
[2016-08-11 15:41:52] 4lph4 : I don't seem to be able to find it anywhere
[2016-08-11 15:42:02] ett1 : or who has control of coins etc
[2016-08-11 15:42:18] zanza : rapidtrades: so you gunna afford a team of lawyers to make international lawsuit with 4 comments?
[2016-08-11 15:42:27] BitMEX_Sam : 4lph4: Stops are not necessarily per-position, just place a `Stop Limit` order for the opposite size
[2016-08-11 15:42:36] rapidtrades : wtf is ur problem man @zanza
[2016-08-11 15:42:43] ett1 : always just 'someone else on the team'
[2016-08-11 15:42:52] 4lph4 : BitMEX_Sam: ok understood thanks sam
[2016-08-11 15:44:15] rapidtrades : lol Phil so butthurt...talking about bitmex for 10 mins now
[2016-08-11 15:44:39] rapidtrades : guys we just lost 70mil of ur money but LET ME TALK ABOUT MY FEEL FEELS FOR 10 MINS
[2016-08-11 15:44:52] Roevenger : that's the pattern man, when people fail they try to make the competition look bad
[2016-08-11 15:44:58] ett1 : has anyone from bitfinex ever placed foot in hong hong
[2016-08-11 15:45:04] zanza : seriously Arthur wasn't even that harsh on him
[2016-08-11 15:45:18] ett1 : numbers dont lie
[2016-08-11 15:45:20] rapidtrades : he's obviously bit drunk now at 20 mins...wonder how bad is it gonna get
[2016-08-11 15:45:39] ett1 : zanes been smoking dope and phils been drinking
[2016-08-11 15:46:01] rapidtrades : ugh....this guy just sounds like smone i wouldn't trust $5 with
[2016-08-11 15:46:05] zanza : zane is just a lackey
[2016-08-11 15:46:23] ett1 : +1 @rapidtrades
[2016-08-11 15:46:27] zanza : not a big deal if he is smoking dope or drunk
[2016-08-11 15:46:56] ett1 : it is when you need to be thinking straight about legal concequences
[2016-08-11 15:46:56] rapidtrades : drinking before talking to a bunch of ppl at this point shows his character
[2016-08-11 15:47:03] ett1 : any other time sure
[2016-08-11 15:47:07] Roevenger : now imagine David Seaman drunk LOL
[2016-08-11 15:48:05] ett1 : drunk seaman?
[2016-08-11 15:49:03] rapidtrades : who is he talking to here? some whales?
[2016-08-11 15:49:03] lockhedge : PGP: "I wish we could be more transparent" https://www.reddit.com/r/BitcoinMarkets/comments/4x8mx1/bitfinex_cso_phil_potter_i_wish_we_could_be_more/
[2016-08-11 15:49:19] ett1 : some degenerate gamblers
[2016-08-11 15:49:59] rapidtrades : jesus...we don't even know the total amount of those things?
[2016-08-11 15:50:01] rapidtrades : f*ck
[2016-08-11 15:50:29] Roevenger : they were only hoping that BFX would save their faces
[2016-08-11 15:50:48] rapidtrades : they didn't give a case number lol
[2016-08-11 15:51:01] rapidtrades : filing this shit to the HK police
[2016-08-11 15:52:00] rapidtrades : "we have reserves for contingent liabilities. so, you know... in case we get sued, and this, and that, but substantial amount of money. So if that stuff doesn't happen, if we're able to payback people, there is actually money there [..] to pay back [..] at least 10% of it is redeemable at the end of the day, should we not need money for a wind down"
[2016-08-11 15:52:24] rapidtrades : look at this shit ^^^ so our losses could've been much smaller if they contributed
[2016-08-11 15:52:40] rapidtrades : to all those aholes saying we can't get anything to gain from nakruptsy
[2016-08-11 15:52:46] rapidtrades : that's what we get
[2016-08-11 15:55:55] rapidtrades : they knew they were gonna get sued that's why they've restarted
[2016-08-11 15:56:14] rapidtrades : so they can milk more $$$ to pay off ppl or fight lawsuits
[2016-08-11 15:56:34] rapidtrades : it's just a ponzi scheme at this point
[2016-08-11 15:56:40] ett1 : exactly. they wont prove depsoits (it should be on the blockchain). 70m could be 10% of all deposits
[2016-08-11 15:56:59] ett1 : rapidtrades: report to BVI FSC, theyll send you a form
[2016-08-11 15:57:06] ett1 : in 24hrs
[2016-08-11 15:57:46] ett1 : rapidtrades: BFX coin is simply a ponzi scheme, and whos to know if they havnt stollen 100s of millions of customer deposits at the saem time
[2016-08-11 15:58:40] 4lph4 : ponzi scheme is not defined by what BFX is
[2016-08-11 15:58:48] 4lph4 : let's not make up things
[2016-08-11 15:59:02] ett1 : lol 48:00 "ypur talking to the guy that just had $70m bitcoins stolen from him"
[2016-08-11 15:59:12] ett1 : as if it was his money @rapidtrades
[2016-08-11 15:59:22] rullwull : i recovered almost all my losses thru bfx token trading yesterday
[2016-08-11 16:00:07] Rado : rullwull: wow, very nice
[2016-08-11 16:00:10] ett1 : yes, in a ponzi shceme, a minority do get out with profits @rullwull
[2016-08-11 16:00:17] Rado : I was too greedy and my sell order never executed
[2016-08-11 16:00:36] Rado : rullwull: did you sell over 0.0006 and then buy lower?
[2016-08-11 16:00:50] Rado : rinse and repeat
[2016-08-11 16:01:14] rapidtrades : it was over $0.6 at some point?
[2016-08-11 16:01:28] Rado : no
[2016-08-11 16:01:29] rullwull : i bought same amount as my losses at 0.2 and soled everything at 0.41 in a few hours
[2016-08-11 16:01:33] Rado : 0.0006 BTC
[2016-08-11 16:01:51] rapidtrades : rullwull: stupid risk but it payed off
[2016-08-11 16:01:53] Rado : how did you buy at 0.2?
[2016-08-11 16:02:08] Rado : I never saw it going that low
[2016-08-11 16:02:22] rullwull : just was in the right time online, was a good luck
[2016-08-11 16:02:38] rullwull : it was even 0.016
[2016-08-11 16:02:40] Rado : was it in the first few mins?
[2016-08-11 16:03:02] rullwull : in first 15-20 min
[2016-08-11 16:03:03] Rado : I saw it open at around 0.30 USD
[2016-08-11 16:04:07] rullwull : and i was a afraid to buy more at 0.02, had other orders below 0.0015
[2016-08-11 16:04:56] jan : If I trade XBT. Which market we are connected?
[2016-08-11 16:05:14] rapidtrades : the stock market
[2016-08-11 16:05:18] Rado : lol
[2016-08-11 16:05:19] justinlooking : the fish market
[2016-08-11 16:05:29] Rado : you guys are bad
[2016-08-11 16:05:40] Rado : jan: don't mind them. It's the BTC market
[2016-08-11 16:05:52] jan : hahha I mean poloni bitfinex ?
[2016-08-11 16:05:53] lockhedge : jan: the underlying index is 50% okc and 50% bitstamp https://www.kaiko.com/bitmex
[2016-08-11 16:06:07] jan : Or it's just inside bfx market
[2016-08-11 16:06:21] jan : ok thx
[2016-08-11 16:09:23] jan : lockhedge: What about eth and etc ? where we are connected ?
[2016-08-11 16:09:46] Rado : ETC is Poloniex
[2016-08-11 16:10:20] Rado : everything else might be Poloniex I guess
[2016-08-11 16:10:28] Rado : except BFX which is Bitfinex
[2016-08-11 16:12:41] rapidtrades : man i have nothing dry
[2016-08-11 16:12:52] REKT : Liquidated long on `XBTUSD`: Sell 10 @ 588.55
[2016-08-11 16:12:53] rapidtrades : to wear
[2016-08-11 16:13:32] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 587.81
[2016-08-11 16:13:37] REKT : Liquidated long on `XBTUSD`: Sell 325 @ 587.67
[2016-08-11 16:13:45] rapidtrades : here we goooooooooo
[2016-08-11 16:14:22] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 587.27
[2016-08-11 16:15:35] jan : ok.But why there is a difference between buy order polo 0.00311700 bfx 0.003171?
[2016-08-11 16:17:32] rapidtrades : Phil seems agitated by the coming lawsuits 'file their little lawsuits'
[2016-08-11 16:17:45] justinlooking : jan u gotta rtfm dude
[2016-08-11 16:18:28] lockhedge : jan: index is based on the last price of polo, mark price for liquidations is calculated "using the Impact Mid Price method" https://www.bitmex.com/app/contract/ETC7D
[2016-08-11 16:19:56] jan : thx
[2016-08-11 16:20:31] rapidtrades : who is STRML on reddit
[2016-08-11 16:20:38] lockhedge : Sam
[2016-08-11 16:20:53] rapidtrades : nice work Sam asking the tough questions
[2016-08-11 16:29:04] rapidtrades : wonder what happens when they run out of coins
[2016-08-11 16:29:22] rapidtrades : they're prolly hoping it never gets to that point
[2016-08-11 16:29:43] rapidtrades : 50% in a day is pretty amazing
[2016-08-11 16:35:37] REKT : Liquidated long on `ETHXBT`: Sell 20 @ 0.01996
[2016-08-11 17:16:42] muirtastic : Are BFX tokens traded on any other exchanges than Bitfinex?
[2016-08-11 17:16:55] muirtastic : I'm just curious what happens here if Bitfinex goes under with the BFX swap
[2016-08-11 17:17:20] muirtastic : I mean what happens here with BFXQ16 if Bitfinex gets shut down
[2016-08-11 17:20:39] Rado : it will go to 0
[2016-08-11 17:21:40] BitMEX_Wally : If Bitfinex is shut down then we will settle the contract at 0
[2016-08-11 17:22:21] Rado : everyone short it :-)
[2016-08-11 17:22:33] BitMEX_Wally : Assuming the ButtFux tokens are not traded elsewhere
[2016-08-11 17:22:41] Rado : right
[2016-08-11 17:22:49] Rado : If poloniex picks them up
[2016-08-11 17:23:33] Rado : BitMEX_Wally: how can calculate how many contracts of BFX are 4000 BFX tokens
[2016-08-11 17:23:45] Rado : I know I can find it somewhere, but it's easier to ask you
[2016-08-11 17:23:57] Rado : since you are the man on this :-)
[2016-08-11 17:24:48] Pantufas21 : where can I buy bitcoin in europe? Bitstamp or BTC-e? what about for margin trading? I only think of Bitmex and Poloniex for trading, I was buttfinexed :(
[2016-08-11 17:24:54] BitMEX_Wally : The multiplier is 0.1 XBT per $
[2016-08-11 17:25:13] BitMEX_Wally : So if the price of Bitcoin is $600 then 1 BFXQ16 contract = 60 BFX tokens
[2016-08-11 17:27:08] BitMEX_Wally : So 66 contracts * $0.325 * 0.1 = 2.145 XBT
[2016-08-11 17:27:25] BitMEX_Wally : 66 x $0.325 x 0.1 = 2.145 XBT
[2016-08-11 17:27:46] BitMEX_Wally : 2.145 * $600 = 1287 USD
[2016-08-11 17:28:16] BitMEX_Wally : 1287 USD / $0.325 = 3960 BFX
[2016-08-11 17:30:49] Rado : Thanks BitMEX_Wally
[2016-08-11 17:30:59] Rado : this is great
[2016-08-11 17:32:11] Rado : so if it settles at 0
[2016-08-11 17:32:17] Rado : I make 2.145 XBT
[2016-08-11 17:32:34] BitMEX_Wally : Yes
[2016-08-11 17:32:38] BitMEX_Wally : 100% profit for a short
[2016-08-11 17:32:52] Rado : I am not planing on that strategy by the way :-)
[2016-08-11 17:33:00] Rado : just exploring
[2016-08-11 17:34:59] BitMEX_Greg : Rado: In other words you can calculate the number of contracts by: 4000 tokens / multiplier / bitcoin px = 4000/0.1/600 = 66.66 contracts
[2016-08-11 17:35:36] Rado : cool
[2016-08-11 18:01:44] men : where can i look the bfx token price? :D
[2016-08-11 18:04:42] muirtastic : Do any charting sites have BFX/USD charts up? I didn't see it on Trading View yesterday
[2016-08-11 18:05:16] men : https://cryptowat.ch/bitfinex/bfxusd/15m
[2016-08-11 18:05:20] men : here :D
[2016-08-11 18:05:36] men : price prediction on the long term of these bfx token?
[2016-08-11 18:05:37] men : :D
[2016-08-11 18:09:33] muirtastic : "long-term" would have be a prediction on if you think Bitfinex is going to survive or get sued into bankruptcy soon
[2016-08-11 18:09:59] muirtastic : If Bitfinex is still around in a month or two, then it's a whole different ballgame and risk/reward with BFX
[2016-08-11 18:10:31] men : how many bfx are in circulation?
[2016-08-11 18:11:01] muirtastic : got to asssume it's about 60 million or so. although who knows, with the games they are playing
[2016-08-11 18:11:28] j8 : over 70 million but they haven't said exactly
[2016-08-11 18:13:44] pigeons : are all on-chain? then we could see. or are they only issued if you "withdraw" them?
[2016-08-11 18:13:44] men : muirtastic: @j8 if bitfinex will survive the bfx token can get up easy to 1 dollar, 2 dollar :D
[2016-08-11 18:14:32] j8 : pigeons: they only exist in bitfinex's database at this time, the plan is to put them on chain
[2016-08-11 18:14:38] muirtastic : why would it go above $1? IF Bitfinex repaid all the debt, it would stop at $1 and be retired most likely although who knows
[2016-08-11 18:14:57] muirtastic : They don't even represent anything except the debt and even that is not clear.
[2016-08-11 18:15:18] pigeons : oh ok, i thought a mastercoin/omni asset had been issued
[2016-08-11 18:15:29] j8 : not yet
[2016-08-11 18:16:21] men : muirtastic: yeah, it's right ... if they pay the debt it would stop to 1 dollar and the bfx will be retired