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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[2016-08-21 21:02:21] BitMEX_Sam : You were at full leverage (25x), so a 2% move was enough to liquidate you.
[2016-08-21 21:03:02] premjeraz : but look in that, there was rebalance 10hours ago, there already cut los 0.29 btc, then after my exec price is 620
[2016-08-21 21:03:29] BitMEX_Sam : Again, ignore the rebalance.
[2016-08-21 21:04:09] BitMEX_Sam : The difference between 0.00629 and 0.00617 is just about 2%.
[2016-08-21 21:05:54] premjeraz : but when was before rebalance my margin call was 606, then after rebalance cut 0.29 and set exec price at 620, and my 2428 contracs was worth at 0.48 btc
[2016-08-21 21:07:43] premjeraz : rebalance cut my hedge and moved margin call closer so market price... but how? if already took from me 0.29 btc, then i lost hedge.... its like 24hours contracts
[2016-08-21 21:09:25] premjeraz : after 13h rebalance... i had smaller amount of btc, coz rebalance took my paper loss in to real, then after... they changed my exec. price to 620, which was small gap between 617 and 620
[2016-08-21 21:11:12] premjeraz : that 617 margin call was to close to my price... that momemnt after rebalance price was 620.. and dont tell me different, im just believe there was mistake..some miscalculation or something
[2016-08-21 21:12:31] premjeraz : 0.4999 was taken from my account.... that 620 to 617 was too small to lose everything with 2428 contracts, there shoud be ~~0.07 btc, not 0.4999
[2016-08-21 21:14:18] BitMEX_Sam : The difference in your liquidation price was due to funding, not rebalance.
[2016-08-21 21:14:33] BitMEX_Sam : Again, rebalance **does not** affect your profitability. Ignore it.
[2016-08-21 21:14:43] BitMEX_Sam : There was not a mistake.
[2016-08-21 21:15:08] BitMEX_Sam : A rebalance doesn't refill your position with margin. In the drop from 629 to 620, you had already lost 1.5% of your position's value.
[2016-08-21 21:15:15] BitMEX_Sam : You only had 0.5% remaining.
[2016-08-21 21:16:24] premjeraz : affects...... im saying in first liquidation price was not 617, but 606... after when rebalance took 0.29, there was smaller funs and liquidation price ws chanced to 617
[2016-08-21 21:18:41] premjeraz : u just look in to logs or something... there wasnt 617 liquid price in first
[2016-08-21 21:19:10] premjeraz : my 0.4999 was taken without reason
[2016-08-21 21:21:04] BitMEX_Sam : > The difference in your liquidation price was due to funding, not rebalance.
[2016-08-21 21:30:32] premjeraz : BitMEX_Sam: i cnt believe in what you saying..... how i can be like that was 621 the was at that moment 0.52 btc (+0.002 PNL), then is 617 and its gonne
[2016-08-21 21:31:55] premjeraz : ok, i see that goes nowhere.... there social networks, forums.. maybe i there going to find something.
[2016-08-21 21:32:10] BitMEX_Sam : If you would wait just a minute you might get a response.
[2016-08-21 21:32:15] BitMEX_Sam : Take your time, read carefully.
[2016-08-21 21:32:31] premjeraz : BitMEX_Sam: ok waiting
[2016-08-21 21:36:51] BitMEX_Sam : Do you want me to continue here or email you privately?
[2016-08-21 21:37:19] premjeraz : BitMEX_Sam: we can privately
[2016-08-21 21:37:29] BitMEX_Sam : Ok. I'll send you another email.
[2016-08-21 21:37:34] premjeraz : ok
[2016-08-21 21:43:16] Tetsuo : premjeraz: u got bitmexed, deal with it
[2016-08-21 21:44:42] Tetsuo : also, never touch the chickun
[2016-08-21 21:46:52] premjeraz : Tetsuo: i cant, i was lucky with bitfinex... couple days before that i took my funds from there... and i was lucky with mintpal, took everything few days before, with cryptsy to...
[2016-08-21 21:47:27] premjeraz : after when i lost my first 68 btc at mt.gox
[2016-08-21 21:50:01] Tetsuo : sooner or later everything will collapse
[2016-08-21 22:31:29] rapidtrades : i feel like we're on a death watch now
[2016-08-21 22:31:44] rapidtrades : waiting for buttfinex to finally drop
[2016-08-21 23:06:09] premjeraz : BitMEX_Sam: check email
[2016-08-21 23:07:10] miramm1115 : premjeraz: you probably were on 25x isolated margin. on isolated margin your liquidation price is not affected by account margin and not affected by rebalance. it's only affected by funding because funding is deducted from amount of margin backing up your position
[2016-08-21 23:07:27] miramm1115 : *not affected by account balance
[2016-08-21 23:08:53] miramm1115 : never use full 25x, you will get liquidated with 99% probability
[2016-08-21 23:10:35] miramm1115 : you might survive 25x on btc but not on alts
[2016-08-21 23:16:29] 72monkey : Is the xbt perpetual swap chartable on tradingview? how do I find it
[2016-08-21 23:17:25] premjeraz : miramm1115: @BitMEX_Sam and others, where im wrong ? https://s13.postimg.org/jp25oy2nb/bitmex.jpg
[2016-08-21 23:18:20] premjeraz : coz the i cant get where that 0.195 btc if that pay not "resets" my exec price to 620
[2016-08-21 23:21:28] zanza : premjeraz: I'm fairly sure their system is working correctly, did you try to look over the info again ?
[2016-08-21 23:24:40] premjeraz : zanza: been looking over and over... some facts dont fit for me... im still looking for answers...
[2016-08-21 23:26:11] miramm1115 : premjeraz: how much funding did you pay while holding this position? check account -> trade history, funding transactions
[2016-08-21 23:26:14] zanza : what is your question exactly?
[2016-08-21 23:27:48] premjeraz : miramm1115: 0.63 BTC
[2016-08-21 23:30:00] miramm1115 : impossible, your position value was 15 btc and funding was 0.5% for ltcxbt
[2016-08-21 23:30:32] premjeraz : miramm1115: what impossible ?
[2016-08-21 23:32:12] premjeraz : a u mean funding... i paid 0.15 btc
[2016-08-21 23:32:19] miramm1115 : how long did you hold that position? you didn't pay 0.63 btc funding, it's 4% value of your position
[2016-08-21 23:32:55] premjeraz : i paid fundin twice, one is 0.077, another 0.074 btc
[2016-08-21 23:34:08] miramm1115 : yes, this looks right
[2016-08-21 23:41:50] premjeraz : miramm1115: which part is right ?
[2016-08-21 23:45:30] jesperf : seriously, premjeraz, if you had actually done you english homework in school you would not have had this problem today
[2016-08-21 23:46:38] miramm1115 : funding looks right. here is what happened. you opened position with 15.272 XBT value. 2% maintenance margin was reserved for your position. 2% of 15.272 is 0.305 XBT
[2016-08-21 23:47:19] premjeraz : jesperf: thanks
[2016-08-21 23:47:33] jesperf : we all make mistakes. expensive mistakes hopefully make us avoid them in the future
[2016-08-21 23:47:41] miramm1115 : from that 0.305 XBT you paid 0.151 XBT funding, so you had only 0.154 XBT margin left
[2016-08-21 23:49:25] premjeraz : im funding paid from 0.84
[2016-08-21 23:50:56] miramm1115 : fee to close position is 0.075%, so it's another 0.011 XBT, leaving only 0.143 XBT margin for your position. your liquidation price is much worse when you have 0.143 XBT margin compared to 0.305 XBT margin when you opened your position
[2016-08-21 23:51:37] premjeraz : in account was (0.84 - 0.63 btc contracts, later was) - 0.2899 rebalance (which includes 0.077 btc funding fee and -0.195 btc i think is for closing gap loss to 620 if not the WTF was 0.195 BTC taken from me?)
[2016-08-21 23:52:59] premjeraz : what close position? i didnt close, there was force liquidation
[2016-08-21 23:54:29] jesperf : so you don't think you have to pay fees in a forced liquidation?
[2016-08-21 23:55:17] miramm1115 : when your position is liquidated you lose full maintenance margin
[2016-08-21 23:56:38] miramm1115 : if position with 15 XBT value is liquidated, you are losing 0.6 XBT
[2016-08-21 23:56:54] miramm1115 : plus whatever funding you paid
[2016-08-21 23:58:22] miramm1115 : it's very easy: LTCXBT 25x margin, 15 / 25 = 0.6
[2016-08-21 23:59:20] miramm1115 : you lost your bet, all 4% gone
[2016-08-21 23:59:30] premjeraz : jesperf: no, i have to.. but im saying that position shouldnt be liquidated.... if not that -0.195 BTC after rebalance, which who f**ks know for what? if this for loss from 629, to 620.. then shounb be liquidated, coz price have to resest to 620, but not leave at 629, then market dip from 620 to 617, have to make account with 0.41 BTC, so have to be enough room do not make force liquidation
[2016-08-22 00:00:09] premjeraz : miri @miramm1115 , then explain me where that 0.195 BTC gone ?
[2016-08-22 00:03:26] miramm1115 : was 0.195 BTC rebalance? doesn't matter, it doesn't affect anything. your total loss for that position should be 0.6 + 0.151. if you add up funding, that rebalance and final liquidation loss you will get 0.751
[2016-08-22 00:04:16] premjeraz : how is dont matter ?before rebalance was 0.84 after 0.55 BTC
[2016-08-22 00:04:57] miramm1115 : I told you, your account balance doesn't affect liquidation price. You could have 100 BTC in your account and you would still get liquidated
[2016-08-22 00:06:21] jesperf : reading this is making me stupid
[2016-08-22 00:09:06] premjeraz : miramm1115: lets say its like that.... so then 0.6315 @ 629 when its falls to 617 is -0.2914 BTC = so its has 0.3401 BTC value
[2016-08-22 00:11:45] premjeraz : but then where the f*ck gone this 0.2899 BTC for rebalancing ? okey there -0.0746 BTC funding, so still missing 0.215 BTC
[2016-08-22 00:12:52] jesperf : do you even know why there is a rebalance? do you know what it means?
[2016-08-22 00:13:29] premjeraz : jesperf: why ?
[2016-08-22 00:14:45] jesperf : i take that as a no
[2016-08-22 00:15:29] premjeraz : and take answer, like we never find where that funds gone...
[2016-08-22 00:15:35] premjeraz : coz they PUFF and gone
[2016-08-22 00:16:34] jesperf : no, if you had assigned more margin to your position you would have avoided it
[2016-08-22 00:16:55] jesperf : you were dancing on the edge and fell down
[2016-08-22 00:17:32] jesperf : sometimes you're lucky but no luck lasts forever
[2016-08-22 00:24:28] premjeraz : for still sounds not convincing,.. even this simple 0.84 - 0.63, then 0.21 BTC like hedge.. then 0.63 - 0.29 (price drop from 629 to 617) left 0.34 btc + 0.21 = 0.55 BTC total - 0.15 BTC (funding fee 0.077+0.074btc) = 0.40 btc, not 0.31 btc, its -1.46% (x25) loss not 2% (x25).. but without that 0.215 btc.. its gone..
[2016-08-22 00:36:13] miramm1115 : @premjeraz no offense, but if you don't understand isolated margin you shouldn't use it. or do smaller trades until you understand
[2016-08-22 00:41:21] premjeraz : miramm1115: then u can explain me whats happend with that 0.215 BTC ?
[2016-08-22 00:56:11] miramm1115 : I have no idea what 0.215 BTC you are talking about
[2016-08-22 01:08:31] premjeraz : miramm1115: im telling you, there was 0.84 btc in account, all contracts cost me 0.63 btc
[2016-08-22 01:09:36] premjeraz : after first rebalance wallet value went down to 0.55btc
[2016-08-22 01:17:07] zanza : just look carefully in your account page premjeraz
[2016-08-22 01:17:27] zanza : we don't see all your information so we can't help you that much
[2016-08-22 01:17:36] zanza : but Bitmex system works fine
[2016-08-22 01:24:10] miramm1115 : premjeraz: can you post a screenshot of your account page?
[2016-08-22 01:28:00] miramm1115 : anyway, I'm out. happy trading everyone
[2016-08-22 03:49:57] blackwhite : Bitmex, how is LTCXBT settled? I can't see such pair on Poloniex.
[2016-08-22 03:59:18] Rado : blackwhite: on poloniex it's LTCBTC
[2016-08-22 04:00:40] Rado : XBT is the ISO currency code for Bitcoin
[2016-08-22 04:00:50] Rado : but most exchanges still use BTC
[2016-08-22 04:00:58] Rado : BitMEX and Kraken use XBT
[2016-08-22 06:41:42] rapidtrades : good morning fellas
[2016-08-22 07:35:43] Kalman : rapidtrades: dito
[2016-08-22 08:00:25] Tetsuo : Monero=moon
[2016-08-22 09:39:20] muirtastic : I can't believe BFX is still as high as it is
[2016-08-22 09:39:32] muirtastic : Going to have to take a loss on my short on Fri but will probably reshort it
[2016-08-22 09:44:55] Boontjie : The documentation on ltcxbt still states it gets the rates from BFX, this still correct?
[2016-08-22 09:53:09] BitMEX_Arthur : Boontjie: What page are you looking at
[2016-08-22 09:53:19] BitMEX_Arthur : LTCXBT uses Poloniex as the reference index
[2016-08-22 10:19:07] Boontjie : contracts, ltcxbt. Click on the indices
[2016-08-22 10:19:22] Boontjie : LTCXBT uses a Premium Index to calculate funding rates. The underlying interest rates are quoted in the .LTCBON8H Index and .XBTBON8H Index, and the premium rate is quoted in the .LTCXBTPI8H Index. These are used to calculate the final funding rate.
[2016-08-22 10:19:58] Boontjie : The BitMEX .LTCBON8H Index is a 8-hour TWAP of the Litecoin lending rate at Bitfinex ending at 12:00 UTC from the .LTCBON Index. These values are used for funding rates and are provided 8 hours in advance.
[2016-08-22 10:26:42] BitMEX_Arthur : Boontjie: Ah you are referring to the funding calculations, while we are grabbing data from Bitfinex for those indices, the premium index will be the determining factor of the funding, the premium index is based solely on where the swap trades vs. the poloniex spot price
[2016-08-22 10:27:27] BitMEX_Arthur : We are in the process of migrating the funding indices away from Bitfinex
[2016-08-22 10:27:54] Boontjie : Also to polo I would guess, the only other place I can see lending
[2016-08-22 10:28:55] Boontjie : By the way, is the impact bid and impact ask price, the weighted ask and bid prices?
[2016-08-22 10:32:56] BitMEX_Arthur : Can you point me to the specific document you are referencing for this question
[2016-08-22 10:40:21] Boontjie : https://www.bitmex.com/app/swapsGuide#premium-index
[2016-08-22 10:40:26] Boontjie : Just search for impact
[2016-08-22 10:48:37] BitMEX_Arthur : Yes they are the same thing, thanks for bringing that to my attention, we are in the process of updating all the documentation
[2016-08-22 10:57:45] Boontjie : Ok can you add the initial margin constraints for the alts too. So you can determine the impact size for each alt
[2016-08-22 10:58:14] Boontjie : e.g. XBT Chain Initial Margin Impact Margin Notional Swap 2% 0.1 XBT / 0.02 = 5 XBT
[2016-08-22 10:59:22] Boontjie : Unless you refer to the initial margin the contract details
[2016-08-22 10:59:51] BitMEX_Arthur : Good suggestion
[2016-08-22 11:07:19] muirtastic : When we save our "Trade History" as CSV, why doesn't it include the column "Fee Paid"?
[2016-08-22 11:08:26] muirtastic : I don't see the "Value" column either so can't even calculate the Fee Paid in excel
[2016-08-22 11:09:46] muirtastic : If you could add these somehow, it would be a big help and save us time with paperwork and time is money, of course. Thanks
[2016-08-22 11:16:18] BitMEX_Wally : muirtastic: The fee paid column is `execComm` in the CSV
[2016-08-22 11:16:30] BitMEX_Wally : The value column is `execCost`
[2016-08-22 11:21:38] muirtastic : That number doesn't match up when I export and then open the CSV with Excel
[2016-08-22 11:22:22] BitMEX_Wally : The number in the CSV is raw Satoshis
[2016-08-22 11:22:41] BitMEX_Wally : The number in the frontend is shown in Bitcoin to 4 decimal places
[2016-08-22 11:23:20] muirtastic : ok thanks...that might work and I can convert it back and go from there. I will try it
[2016-08-22 11:23:54] BitMEX_Wally : No problem, let me know if I can help
[2016-08-22 11:24:12] muirtastic : ok yes looks like it should work
[2016-08-22 12:07:55] Mm bot : BItcoin 0.13 released, moon?
[2016-08-22 12:34:12] rapidtrades : yeah..no
[2016-08-22 13:24:37] Spofas : BitMEX_Wally: any plans to add XMR?
[2016-08-22 13:40:49] BitMEX_Greg : Spofas: We are going over the volumes to see if it makes sense.
[2016-08-22 13:48:23] Spofas : will very likely have more volume than LTC and A50
[2016-08-22 14:12:12] rapidtrades : man these stupid tokens
[2016-08-22 14:27:15] macios15 : i see bright moon to 4k cny
[2016-08-22 14:30:13] rapidtrades : good for u cos i see nothing
[2016-08-22 14:30:27] CaptainDean : we are not able to to broke the 3900 barrier
[2016-08-22 14:30:32] CaptainDean : brake*
[2016-08-22 14:30:48] rapidtrades : noone cares about CNY barries
[2016-08-22 14:33:48] CaptainDean : macios15: Forget Rapid, he likes the bad attitude
[2016-08-22 14:34:14] siarule : can i buy bfx or only contract for bfx (bfxq)?
[2016-08-22 14:34:23] macios15 : CaptainDean: im mostly bearish too, but not now
[2016-08-22 14:34:47] rapidtrades : siarule: only go long the futures, expires on friday
[2016-08-22 14:35:24] macios15 : at least 4500 this week
[2016-08-22 14:35:36] rapidtrades : buttfinex has not made the tokens transferable yet
[2016-08-22 14:36:33] siarule : thx
[2016-08-22 14:43:19] Rado : rapidtrades: no one has listed them either
[2016-08-22 14:45:12] rapidtrades : u can't list em if u can't deposit em
[2016-08-22 14:45:34] rapidtrades : Rado: what's a good safe console for python?
[2016-08-22 14:45:45] Rado : safe?
[2016-08-22 14:45:57] Rado : what do you want to do?
[2016-08-22 14:47:11] Rado : I use $10 VPS at https://www.digitalocean.com/pricing/
[2016-08-22 14:47:20] rapidtrades : idk safe as in just do the coding job....don't connect online if not needed...don't open any new venues of attack
[2016-08-22 14:47:32] Rado : you can try all kinds of stuff and then destroy them if it doesn't work
[2016-08-22 14:47:47] rapidtrades : Rado: no i meant for the actual coding...like notepad++
[2016-08-22 14:47:53] Rado : ahh
[2016-08-22 14:48:00] Rado : do you use windows or mac?
[2016-08-22 14:48:04] rapidtrades : win
[2016-08-22 14:48:40] Rado : Sublime and Atom
[2016-08-22 14:49:15] rapidtrades : cool so i pick one of those?
[2016-08-22 14:49:30] Rado : yep
[2016-08-22 14:49:44] Rado : maybe install them both and see which one you like better
[2016-08-22 14:50:18] Rado : https://www.psd2html.com/blog/sublime-text-vs-atom.html
[2016-08-22 14:50:23] Rado : this guy is comparing them
[2016-08-22 14:51:32] rapidtrades : thanks i'll take a look
[2016-08-22 14:51:36] Rado : np
[2016-08-22 14:53:00] Rado : BTC volume very low
[2016-08-22 14:53:03] Rado : boring
[2016-08-22 14:53:15] Rado : rapidtrades: are you building a bot?
[2016-08-22 15:19:05] Rado : rapidtrades: did you see this news?
[2016-08-22 15:19:06] Rado : http://www.coindesk.com/bitfinex-equity-bitcoin-exchange/
[2016-08-22 15:22:35] pigeons : basically that says nothing
[2016-08-22 15:24:44] Rado : yes
[2016-08-22 15:24:57] Rado : what does qualifying token holders mean?
[2016-08-22 15:26:48] pigeons : I don't know, but to own equity via bnktothefuture you have to be a "qualified investor" under your country's rules
[2016-08-22 15:27:23] Rado : maybe that is what they mean
[2016-08-22 15:27:38] Rado : need to read about bnktothefuture
[2016-08-22 15:37:49] macios15 : rapidtrades: u still bear
[2016-08-22 15:38:39] Rado : he is a bear?
[2016-08-22 15:38:58] Rado : BTC is the only asset that will appreciate for sure
[2016-08-22 15:39:01] Rado : imo
[2016-08-22 15:39:02] Rado : :-)
[2016-08-22 15:44:27] Rado : specially when bond bubble implodes
[2016-08-22 15:49:31] macios15 : told u i see bright sky to 4k
[2016-08-22 15:51:45] laisee : i'll buy that BFX for a dollar
[2016-08-22 16:12:52] REKT : Liquidated long on `ETC7D`: Sell 709 @ 0.002909
[2016-08-22 16:46:57] rapidtrades : btc-e at $5 premium...concerning
[2016-08-22 16:50:04] rapidtrades : looks like they severed the tie between the exchange and mt4
[2016-08-22 16:50:16] rapidtrades : spread on mt4 much higher right now
[2016-08-22 16:50:48] rapidtrades : they didn't share the orderbook before either but spreads have never diverged so much
[2016-08-22 17:29:22] REKT : Liquidated long on `ETC7D`: Sell 500 @ 0.002872
[2016-08-22 18:01:00] rapidtrades : no bump in tokens price based on that crowdfunding thinggy
[2016-08-22 18:02:03] Rado : rapidtrades: I was thinking the same thing
[2016-08-22 18:04:36] rapidtrades : it will be a small miracle if they manage to stay in business long enough to issue 'shares'
[2016-08-22 18:07:18] rapidtrades : https://bnktothefuture.com/pitches/bitcoin-capital-1
[2016-08-22 18:07:28] rapidtrades : simon dixon...where do i know that name from
[2016-08-22 18:08:46] rapidtrades : The Company’s Registered address is at - CO Services Cayman Islands, P.O. Box 10008, Willow House, Cricket Square, KY1-1001, Cayman Islands (CI). Company No. CO-296093. Its Sister Company - Bnk To The Future (HK) LIMITED is Incorporated and registered in Hong Kong under the Companies Bill 2011
[2016-08-22 18:09:20] rapidtrades : ^^^ bnktothefuture using complicated legal structure like bitfinex
[2016-08-22 18:11:46] rapidtrades : 90% of 'pitches' here are bitcoin related https://bnktothefuture.com/search/pitches
[2016-08-22 18:13:37] BTCDJS : rapidtrades: Simon Dixon is pals with Max keiser
[2016-08-22 18:14:01] BTCDJS : max keiser created MAXCOIN and now startcoin
[2016-08-22 18:14:22] BTCDJS : pump and dump coins
[2016-08-22 18:15:49] rapidtrades : great so bitfinex plans to issue 'shares' on some doggy offshore platform used exclusively by other shady bitcoin businesses
[2016-08-22 18:17:01] justinlooking : i've turned a small xmr short into a nightmare position :-/
[2016-08-22 18:18:30] rapidtrades : wtf is xmr
[2016-08-22 18:18:50] rapidtrades : ah monero
[2016-08-22 18:19:17] rapidtrades : $ 3.27 (27.21 %) yep that's gotta sting
[2016-08-22 18:19:26] BTCDJS : rapidtrades: to be fair. Bnktothefuture have funded many Bitcoin related projects that are doing ok
[2016-08-22 18:19:56] rapidtrades : define 'doing ok'
[2016-08-22 18:20:25] BTCDJS : Not bust yet and showing promise
[2016-08-22 18:21:04] rapidtrades : :)
[2016-08-22 18:21:38] BTCDJS : It's that Max keiser fellow you gotta watch out for
[2016-08-22 18:21:59] rapidtrades : yeah he's a weasel
[2016-08-22 18:22:16] rapidtrades : yet he got 1mil+ in 'investments'
[2016-08-22 18:22:20] rapidtrades : ppl are dumb
[2016-08-22 18:23:35] BTCDJS : I know someone who's dealt with him and said he's not trustworthy and weird. Lives in his own world. He slates banksters but he's just as psychopathic as they are
[2016-08-22 18:23:38] rapidtrades : there's a lot of ppl in this space who got lucky....being right place right time
[2016-08-22 18:24:03] rapidtrades : they're slowly gonna lose everything
[2016-08-22 18:24:35] BTCDJS : Yeah mistaking luck for skill
[2016-08-22 18:24:50] rapidtrades : exactly
[2016-08-22 18:25:07] rapidtrades : they should've quit while they were ahead
[2016-08-22 18:25:14] BTCDJS : Fuck em
[2016-08-22 18:32:55] BTCDJS : 1234 huh?
[2016-08-22 18:35:06] rapidtrades : huh...smone sending a message ?
[2016-08-22 18:41:36] I-am-Legend : can someone explain to me how BFXcoin contracts work
[2016-08-22 18:42:44] I-am-Legend : i dont get it at all
[2016-08-22 18:42:52] I-am-Legend : would be nice if some could help
[2016-08-22 18:44:43] rapidtrades : I-am-Legend: that's very illiquid,,,,over 2% spread
[2016-08-22 18:45:13] I-am-Legend : i dont get how its settled & re-balanced
[2016-08-22 18:45:15] BTCDJS : I-am-Legend: I would help if I knew what bfxcoin was. Because you're a legend
[2016-08-22 18:45:33] I-am-Legend : haha cheers where is the mods
[2016-08-22 18:45:56] justinlooking : I-am-Legend: it's a future, so settlement is not until expiry
[2016-08-22 18:46:12] justinlooking : (in 4 days)
[2016-08-22 18:47:54] BTCDJS : Wait. Is this bitfinex's dodgy coin that started at $1?
[2016-08-22 18:48:51] rapidtrades : it didn't start at $1, that's just what they say it's the face value
[2016-08-22 18:49:12] rapidtrades : it never traded at 1
[2016-08-22 18:49:28] I-am-Legend : i dont get it
[2016-08-22 18:49:38] I-am-Legend : i cant get leverage on BFXcoin wont allow me
[2016-08-22 18:49:42] I-am-Legend : stock at cross
[2016-08-22 18:49:46] rapidtrades : then don't touch it
[2016-08-22 18:49:52] I-am-Legend : cant go to 1.5X
[2016-08-22 18:50:11] rapidtrades : leverage is only 2.5x on that instrument
[2016-08-22 18:50:17] justinlooking : are u working orders?
[2016-08-22 18:50:58] BitMEX_Sam : You could go to 2.5x, that requires less margin
[2016-08-22 18:51:25] BitMEX_Sam : Going to lower leverage levels requires more margin - it isolated an amount of margin equal to `(1/leverage) * positionValue`
[2016-08-22 19:00:44] I-am-Legend : ohh worked now thanks
[2016-08-22 19:00:50] I-am-Legend : was wondering wat was wrong
[2016-08-22 19:02:01] I-am-Legend : i want 50 contracts at 0.03849 someone fill me please im top of the book
[2016-08-22 19:03:43] I-am-Legend : dam so everyone supporting finex here. too scared to give me 50 contracts
[2016-08-22 19:03:47] I-am-Legend : shocking
[2016-08-22 19:05:10] justinlooking : supporting finex is wrong
[2016-08-22 19:05:17] I-am-Legend : not supporting it lol
[2016-08-22 19:05:26] I-am-Legend : these contracts nothing to do with finex coin
[2016-08-22 19:05:36] I-am-Legend : i want to profit as its mooning
[2016-08-22 19:05:56] I-am-Legend : but peopel to scared to give me 50 contracts at top of the book
[2016-08-22 19:13:19] sleger : I-am-Legend: mark price is 0.4 you're buying 50bps below, dont be surprised and hit the ask
[2016-08-22 19:13:54] I-am-Legend : its not 0.4 its 0.398
[2016-08-22 19:14:07] I-am-Legend : im a noob & this is the top its going to dump a bit here check the chart
[2016-08-22 19:15:02] sleger : prices move, it was 0.3998 when i typed it. If its going down then buy later
[2016-08-22 19:17:08] I-am-Legend : now only 1 cent under mark price.. got have a tiny advantage to get out
[2016-08-22 19:18:36] I-am-Legend : who is that trying to out bid me i was after top of book first
[2016-08-22 19:18:55] I-am-Legend : moved up 50 contracts to 3815 .. fill me please
[2016-08-22 19:25:44] nip : I-am-Legend: just buy at mark price
[2016-08-22 19:25:55] I-am-Legend : how
[2016-08-22 19:26:27] nip : buy at .3940
[2016-08-22 19:26:40] I-am-Legend : no cause when u want to close u cant close at mark price always take a hit
[2016-08-22 19:27:00] nip : and why would that be the case?
[2016-08-22 19:27:16] nip : .3940 is the mark price you know
[2016-08-22 19:27:23] I-am-Legend : cause of the book nobody will buy from me mark price when closing
[2016-08-22 19:27:35] nip : .3940 is the mark
[2016-08-22 19:27:41] I-am-Legend : yeah i got it nip.. so if i buy mark i dont get to close mark
[2016-08-22 19:27:42] nip : buy there if you want...
[2016-08-22 19:27:52] REKT : Liquidated long on `ETC7D`: Sell 244 @ 0.002856
[2016-08-22 19:27:59] I-am-Legend : hw about 3850 nip
[2016-08-22 19:28:13] nip : you get to close mark
[2016-08-22 19:28:19] nip : just ask me again when you want to close
[2016-08-22 19:28:38] I-am-Legend : so u will give me mark price to close when i want out
[2016-08-22 19:28:43] nip : yeah
[2016-08-22 19:28:47] I-am-Legend : that would be amazing why
[2016-08-22 19:28:54] nip : it expires at mark price?
[2016-08-22 19:28:56] I-am-Legend : u market maker
[2016-08-22 19:29:00] nip : why would i do a different price
[2016-08-22 19:29:01] nip : yes i am
[2016-08-22 19:29:04] sleger : I-am-Legend: just wait 4 days
[2016-08-22 19:29:18] sleger : you can close at mark price
[2016-08-22 19:29:20] I-am-Legend : why would i wait 4 days sleg
[2016-08-22 19:29:23] I-am-Legend : ahh ok
[2016-08-22 19:29:33] I-am-Legend : nip what if ur not online when i want to close
[2016-08-22 19:29:37] I-am-Legend : what hours u here
[2016-08-22 19:29:50] nip : all hours
[2016-08-22 19:29:55] I-am-Legend : sick u a bot lol
[2016-08-22 19:30:18] I-am-Legend : ok thank u
[2016-08-22 19:35:59] nip : better buy now before its too late
[2016-08-22 19:36:08] nip : price is skyrocketing
[2016-08-22 19:36:37] REKT : Liquidated long on `ETC7D`: Sell 662 @ 0.002851
[2016-08-22 19:43:28] messiaen8844 : good time to add XMR here ;D
[2016-08-22 19:44:53] justinlooking : XMRekt
[2016-08-22 19:52:28] Tetsuo : http://themerkle.com/monero-becomes-the-darling-cryptocurrency-of-the-darknet/
[2016-08-22 19:52:37] REKT : Liquidated long on `ETC7D`: Sell 2 @ 0.002845 :punch: :whale:
[2016-08-22 20:39:16] aethlios : any plans to add xmr
[2016-08-22 20:42:32] Rado : XMR a good short here imo
[2016-08-22 20:46:22] Rado : was the high on BFX 0.00076 BTC?
[2016-08-22 21:01:04] aethlios : now bfx will be echanged for equity?? let's see....
[2016-08-22 21:16:25] Rado : wow XMR
[2016-08-22 21:16:30] Rado : did not expect that
[2016-08-22 21:17:11] yerb : will bitmex list XMR?
[2016-08-22 21:19:38] Rado : maybe
[2016-08-22 21:19:53] Rado : after today XMR might have good volume in coming months
[2016-08-22 21:20:14] Rado : it's always dangerous if they list it and then it's a flop and no one trades it
[2016-08-22 21:20:33] Rado : I guess they can be flexible and remove contracts after they expire if they did not preform
[2016-08-22 21:20:35] Tetsuo : like LTC, FCT, A50.....
[2016-08-22 21:20:45] Rado : Tetsuo: Agreed
[2016-08-22 21:20:55] Rado : I never traded A50 or LTC
[2016-08-22 21:21:11] Rado : FCT people trade I think
[2016-08-22 21:21:46] Tetsuo : Funding in here is too mad to keep positions open on altcoins
[2016-08-22 21:22:04] Rado : not if you are on the right side of the funding
[2016-08-22 21:22:10] Rado : then it's really good for you
[2016-08-22 21:36:07] REKT : Liquidated long on `ETC7D`: Sell 350 @ 0.002784
[2016-08-22 21:36:11] Tetsuo : i prefer to make money with the market goin up or down
[2016-08-22 21:36:58] Tetsuo : Holy shit monero! up 70%
[2016-08-22 21:39:14] Tetsuo : 80% now , lol
[2016-08-22 21:39:30] habibi : BitMEX_Sam: monero inc?
[2016-08-22 21:39:41] BitMEX_Sam : Soonish, we're working on it
[2016-08-22 21:43:12] habibi : BitMEX_Sam: matter of hours/days :)?
[2016-08-22 21:43:28] BitMEX_Sam : Hoping within a day but not certain.
[2016-08-22 21:43:45] habibi : ok, thanks for anserw
[2016-08-22 22:07:01] Rado : BitMEX_Sam: when is a 3rd exchange going to be added to Kaiko?
[2016-08-22 22:07:13] Rado : Bitstamp at 50% is too much
[2016-08-22 22:07:15] BitMEX_Sam : Rado: Soon, we are still evaluating who fits the bill
[2016-08-22 22:08:01] Rado : I know it's hard, but with 2 exchanges is really bad
[2016-08-22 22:08:20] Rado : specially when the price can move a lot on Bitstamp with just a few sell orders
[2016-08-22 22:08:30] Tetsuo : there´s no pint in trading at here if they don´t fix that crazy funding, i´d rather prefer less leverage, a week of sideways is kiillin u. @bitmex okcoin@ BTC/USD and polo@alts are they way to go for now
[2016-08-22 22:10:42] Tetsuo : XMR up 110% btw, lol
[2016-08-22 22:15:05] justinlooking : again XMRekt
[2016-08-22 22:33:36] REKT : Liquidated short on `FCTXBT`: Buy 2726 @ 0.004765
[2016-08-22 22:39:06] REKT : Liquidated short on `FCTXBT`: Buy 51 @ 0.004931
[2016-08-22 22:54:21] REKT : Liquidated short on `FCTXBT`: Buy 50 @ 0.005262
[2016-08-22 23:58:15] subjective : Tetsuo: agree, OKC for long term position is cheaper. Fees are too damn high
[2016-08-23 03:09:22] omicron : subjective: okc his too damn high fees?
[2016-08-23 03:26:51] omicron : or bitmex?
[2016-08-23 03:45:44] omicron : (this thing on?)
[2016-08-23 04:05:48] jose : they are sleeping i guess
[2016-08-23 04:18:04] BitMEX_Wally : I think he was referring to funding fees which are paid between long and short holders
[2016-08-23 04:21:40] omicron : BitMEX_Wally: oh yea, but isnt funding high only during volatility?
[2016-08-23 04:22:29] BitMEX_Wally : Yes in general
[2016-08-23 04:23:21] omicron : and isnt the funding based on bitfinex rates? i.e market rate?
[2016-08-23 04:24:49] BitMEX_Wally : Yes, it's based on the lending rates at the reference exchange, i.e. Bitfinex or Poloniex, plus a premium index based on the market here
[2016-08-23 04:25:31] omicron : ah ... so they are upset with the premium. yes i can see that. premium formula is disclosed though, right?
[2016-08-23 04:29:22] REKT : Liquidated short on `LTCXBT`: Buy 934 @ 0.00649
[2016-08-23 04:33:49] omicron : Im surprised why the chinese arent trading A50. Is this a translation issue
[2016-08-23 04:36:15] BitMEX_Wally : omicron: we haven't launched Chinese language support yet
[2016-08-23 05:27:07] omicron : BitMEX_Wally: Ya, I would trade A50 if it had more liquidity
[2016-08-23 05:27:58] omicron : ... and reduced fees would help
[2016-08-23 07:26:19] rapidtrades : good morning ya
[2016-08-23 07:48:41] zanza : any progress on CAL rapidtrades ?
[2016-08-23 08:18:21] zanza : ETF not approved
[2016-08-23 08:18:36] zanza : price crashing
[2016-08-23 08:20:30] Kalman : zanza: what ETF?
[2016-08-23 08:21:27] Tetsuo : ETF denied also new China ban as rumours say
[2016-08-23 08:21:40] Tetsuo : it´s lookin bad
[2016-08-23 08:22:05] Kalman : https://99bitcoins.com/bitcoinobituaries/
[2016-08-23 08:24:41] Tetsuo : it´s a all fun ; till it isn´t anymore! 80-120$ support will be tested
[2016-08-23 08:25:20] Kalman : Tetsuo: forgot you're the Bear in the house
[2016-08-23 08:33:06] zanza : lol Tetsuo
[2016-08-23 08:37:22] zanza : winklevoss ETF
[2016-08-23 09:01:18] REKT : Liquidated long on `XBTUSD`: Sell 1000 @ 578.97
[2016-08-23 09:01:18] REKT : Liquidated long on `XBTUSD`: Sell 7000 @ 578.85
[2016-08-23 09:04:42] REKT : Liquidated long on `XBTUSD`: Sell 550 @ 578.68
[2016-08-23 09:05:54] Tetsuo : if monero and Dash take over the dark maketsm then almost no real world usage is left for BTC
[2016-08-23 09:06:03] Tetsuo : *markets
[2016-08-23 09:11:31] Kalman : xmr's network is weak; infinite supply ...
[2016-08-23 09:12:23] Kalman : the future will show ;)
[2016-08-23 09:12:24] Tetsuo : infinite supply??
[2016-08-23 09:14:07] Kalman : Therefore, monero implements a "permanent block reward". The block reward will never drop below 0.3 XMR, making monero a disinflationary currency: the inflation will be roughly 1% in 2022 and go down forever, but the nominal inflation will stay at 0.3 XMR per minute.
[2016-08-23 09:14:36] Kalman : https://getmonero.org/knowledge-base/about
[2016-08-23 09:16:07] Kalman : there's always an incentive for the miners to keep network secure, but this incentive is violation users interest to use it as store of value
[2016-08-23 09:16:34] sleger : people use usd as a store of value and inflation is > 1% ...
[2016-08-23 09:17:06] Kalman : people that do not know. Do all people not know?
[2016-08-23 09:18:45] sleger : central banks from most countries use usd as a store of value, they know quite well the inflation is >1%
[2016-08-23 09:19:45] sleger : and you're certainly not taking into account the lost coins which are surely > 1% per year, your argument is quite wrong
[2016-08-23 09:20:40] Kalman : Are central banks serving the peoples interests?
[2016-08-23 09:22:10] sleger : now you're just changing your argument and arguing something completely irrelevant
[2016-08-23 09:22:32] Kalman : lost coins are a very welcome assumption to justify many things
[2016-08-23 09:22:45] sleger : many well educated investors that serve their own interests hold usd and are well aware of the inflation rate
[2016-08-23 09:24:32] Kalman : It seems helpful to agree on a terminology when discussing a topic; inflation == money supply; central banks are political institutions
[2016-08-23 09:24:42] Tetsuo : ETH market maker left the building?
[2016-08-23 09:25:04] Kalman : what one calls well educated is for another blunt stupid
[2016-08-23 09:26:32] Tetsuo : Kalman: so do you hold all of your money in magical internet money?
[2016-08-23 09:28:24] sleger : i was just saying this is wrong "but this incentive is violation users interest to use it as store of value"
[2016-08-23 09:28:47] Kalman : unfortunately government forces me to hold/safe fiat
[2016-08-23 09:35:15] Kalman : sleger: the explanation is: e.g. Yellen likes her job and to secure it she needs political support for contract renewal. so if she doesnt please the 'leaders' with what isin their view the right money supply shes out. this is in violation to peoples interest that are forced to safe in fiat (due to fact that small investors are priced out of many alternative investment/saving forms)
[2016-08-23 09:42:31] sleger : i was saying : inflation >1% does not imply instrument is not a store of value. Even gold has inflation...
[2016-08-23 09:49:37] REKT : Liquidated short on `LTCXBT`: Buy 13 @ 0.00660
[2016-08-23 09:49:37] REKT : Liquidated short on `LTCXBT`: Buy 100 @ 0.00669
[2016-08-23 09:50:24] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 578.53 :punch: :whale:
[2016-08-23 09:52:20] Kalman : ofc, to each his own; if someone likes to use an instrument with a money supply >10%, be my guest; only it contradicts a little the definition of 'store of value' when one can purchase less goods in the future than today
[2016-08-23 10:02:52] sleger : Kalman: did you know that gold had a 1.5% supply increase yearly ? Would you say that therefore gold is not a good store of value ?
[2016-08-23 10:11:37] Kalman : sleger: what money supply would you prefer, 1.5% or 0 % ?
[2016-08-23 10:19:35] sleger : Kalman: you did not answer the question, you said 1% inflation => bad store of value. Since gold has 1.5% inflation, you said gold is a bad store of value, and I see why you are trying to not answer the question
[2016-08-23 10:33:27] aethlios : anyone wants to buy ltc to gin from the pump?? I am selling 10.000 in a small premium, what is your bid price??
[2016-08-23 10:35:39] Kalman : sleger: When one is repeatedly writing 'inflation >1%' it includes not only 1.5% but also 10% and above. Does it mean that 1.5 is worse than 10? As some like to play with words, is an asset with a money supply of 10% better suited as store of value than an asset with only 1.5%? Actually that is not the only factor affecting value! Who knows if people in the future (far or near) have the same preferences and subjective valuation towards gold?! The 5000 years history of gold may not repeat in the future. Saying that is not implying that I forecast/expect/... such a change in peoples subjective valuation ....
[2016-08-23 10:39:22] sleger : you could just have said you were wrong
[2016-08-23 10:43:29] rapidtrades : zanza: can't find the ETF news?
[2016-08-23 10:45:19] Tetsuo : u got trolled
[2016-08-23 11:03:44] Kalman : sleger: not at all! Your statements are misleading, 'inflation >1%'
[2016-08-23 11:15:22] REKT : Liquidated long on `ETC7D`: Sell 480 @ 0.002724
[2016-08-23 11:15:22] REKT : Liquidated long on `ETC7D`: Sell 958 @ 0.002726
[2016-08-23 11:16:32] REKT : Liquidated long on `ETC7D`: Sell 200 @ 0.002716
[2016-08-23 11:16:52] REKT : Liquidated long on `ETC7D`: Sell 9 @ 0.002713
[2016-08-23 11:32:17] sleger : "Kalman: Therefore, monero implements a "permanent block reward". The block reward will never drop below 0.3 XMR, making monero a disinflationary currency: the inflation will be roughly 1% in 2022 and go down forever" followed by "Kalman: there's always an incentive for the miners to keep network secure, but this incentive is violation users interest to use it as store of value" so the 1% floor came from you
[2016-08-23 11:39:47] Kalman : sleger: Isn't it?! A positive money supply is to reject if there is an instrument/asset that has zero money supply. Which instrument is to prefer for preservation of purchasing power, 1% or 0%?
[2016-08-23 11:40:49] sleger : everything else being equal yes 0%. But you are ignoring your mistake, you said monero (or whatever altcoin it was) has a 1% inflation rate therefore it is not a good store of value, this is wrong. For instance gold has a 1.5% supply inflation
[2016-08-23 11:54:24] billyboy402 : wow the market is dead here , hasnt been a trade for 30 min
[2016-08-23 11:58:41] Kalman : sleger: What xmr does is it lets the saver subsidize the security of the network, right? While btc's model is 'pay by use'.
[2016-08-23 11:59:39] Kalman : https://en.wikipedia.org/wiki/File:Monero_coin_supply_and_inflation_over_time.png
[2016-08-23 12:01:37] REKT : Liquidated long on `ETC7D`: Sell 22 @ 0.002699
[2016-08-23 12:02:07] REKT : Liquidated long on `LSKXBT`: Sell 1227 @ 0.000448
[2016-08-23 12:02:37] REKT : Liquidated long on `LSKXBT`: Sell 900 @ 0.000443
[2016-08-23 12:09:52] REKT : Liquidated long on `ETC7D`: Sell 1201 @ 0.002685
[2016-08-23 13:02:08] palgba : i got liquidated on lisk with exec price of 0.000346 . what? price never reached this levels
[2016-08-23 13:02:21] palgba : how this happens
[2016-08-23 13:05:42] sleger : long lisk ...
[2016-08-23 13:06:14] Rado : palgba: liquidation is not based on the execution price
[2016-08-23 13:06:49] Rado : sleger: you are long?
[2016-08-23 13:08:25] sleger : of c not
[2016-08-23 13:08:33] Rado : funding is crazy
[2016-08-23 13:08:36] Rado : 1.42%
[2016-08-23 13:08:47] BitMEX_Wally : palgba: Your liquidation trigger price was 0.000450 and your bankruptcy price was 0.000346 (due to maintenance margin)
[2016-08-23 13:09:11] rapidtrades : wow that sucks
[2016-08-23 13:09:30] sleger : its only 4% per day ... lol
[2016-08-23 13:10:03] nip : open walue is nothing
[2016-08-23 13:10:05] palgba : Thanks wallyso that meas i got liquidated at 450 and noy 346?
[2016-08-23 13:10:40] palgba : Really dont get he execution price still
[2016-08-23 13:12:40] billyboy402 : BitMEX_Wally: hey mate , wil you be canceling the 3 month future after the 25 step
[2016-08-23 13:14:40] sleger : palgba: you got stopped at 450 price, but its like you sold at 346, thanks for your contribution to the insurance fund
[2016-08-23 13:18:10] billyboy402 : yea you get trigged at mark price , which is good so you dont get eating buyyy whale .... but I find when your about to margin call the whale know and you pay huge slipage
[2016-08-23 13:21:04] palgba : So is like i sold at 346 ? How does that make sense
[2016-08-23 13:21:27] sleger : its called maintenance margin
[2016-08-23 13:22:18] Rado : palgba: I think the most important thing to take from this is that you need to be careful where your risk is
[2016-08-23 13:22:37] Rado : why does it matter what the price is, you lost all the BTC invested in that trade
[2016-08-23 13:22:39] palgba : How i avoid this
[2016-08-23 13:22:59] Rado : by making sure your liquidation price is far from current prices
[2016-08-23 13:23:04] billyboy402 : it would be great if - get trigged at mark price , but you dont market close into the orderbook but maybe close a 1% lower then mark price
[2016-08-23 13:23:12] Rado : you could also use stop orders
[2016-08-23 13:23:40] palgba : All this because i didnt use a stop market order
[2016-08-23 13:23:56] palgba : If that is the case i will have it
[2016-08-23 13:24:04] palgba : Next time
[2016-08-23 13:24:07] justinlooking : xmr volatility is batshit
[2016-08-23 13:24:20] Rado : palgba: I use stop orders
[2016-08-23 13:24:25] Rado : many people don't like them
[2016-08-23 13:24:28] justinlooking : if u list xmr here the rektbot is going to explode
[2016-08-23 13:24:34] Rado : depends on the instrument
[2016-08-23 13:24:35] palgba : Just still think its ridiculous to have such low execution price
[2016-08-23 13:24:43] palgba : Really makes no sense sorry
[2016-08-23 13:24:44] Rado : for XBTUSD it's easy to use a stop
[2016-08-23 13:25:13] palgba : I had my liquidation as stop
[2016-08-23 13:25:27] palgba : Never happened this before
[2016-08-23 13:25:41] palgba : Bitmex really have yo sort this stuff out
[2016-08-23 13:25:59] Rado : sort it how?
[2016-08-23 13:26:04] palgba : Im starting to not trade here
[2016-08-23 13:26:06] palgba : Sorry
[2016-08-23 13:26:06] Rado : they designed it that way
[2016-08-23 13:26:20] Rado : palgba: there is always Poloniex
[2016-08-23 13:27:10] palgba : So you its logic to have a trade executed at a price it never reached
[2016-08-23 13:27:24] palgba : Where else do you see this happening
[2016-08-23 13:27:33] BitMEX_Sam : palgba: The execution price you're seeing is your bankruptcy price, not your execution price
[2016-08-23 13:27:52] BitMEX_Sam : When the liquidation engine takes over your position, you lose the position - therefore the debit to your account is at your bankruptcy price
[2016-08-23 13:28:05] BitMEX_Sam : This is the same on OKC and other highly leveraged platforms
[2016-08-23 13:28:38] palgba : It's like if i sold at that price right?
[2016-08-23 13:28:50] BitMEX_Sam : Yes. You lose the position entirely when you are liquidated
[2016-08-23 13:29:03] BitMEX_Sam : LSK has particularly high maintenance margin because it is a generally illiquid alt
[2016-08-23 13:29:17] I-am-Legend : hi sam
[2016-08-23 13:30:01] I-am-Legend : im confused i dont see any rebalance on the finex coin in top right section
[2016-08-23 13:30:21] BitMEX_Sam : I-am-Legend: It rebalances daily at 12:00 UTC - you can see the time in the contract specification
[2016-08-23 13:30:31] BitMEX_Sam : We'll release an update to put that countdown in the ticker.
[2016-08-23 13:30:39] I-am-Legend : but in the top right there is nothing
[2016-08-23 13:30:43] rapidtrades : man losing 33% in maintenance margin sucks
[2016-08-23 13:31:01] I-am-Legend : like eth you see rebalance in top right
[2016-08-23 13:31:14] I-am-Legend : finex coin only see settlement in 3 days
[2016-08-23 13:31:37] I-am-Legend : how do we know when there is rebalance when its not on the site
[2016-08-23 13:32:10] sleger : rapidtrades: 20% ?
[2016-08-23 13:32:40] BitMEX_Sam : Every contract has rebalance.
[2016-08-23 13:32:49] BitMEX_Sam : That is, every long-dated contract.
[2016-08-23 13:32:58] BitMEX_Sam : I agree the messaging needs to be updated and we're doing that.
[2016-08-23 13:33:05] BitMEX_Sam : Rebalance doesn't affect your profitability so it shouldn't be a concern.
[2016-08-23 13:33:13] rapidtrades : sleger: idk lev is 3.33/1 so?
[2016-08-23 13:33:26] BitMEX_Sam : rapidtrades: Look at the contract spec
[2016-08-23 13:33:31] sleger : so first of all that would be 30% not 33%
[2016-08-23 13:33:38] sleger : but initial margin is not maintenance margin
[2016-08-23 13:33:41] sleger : so its 20%
[2016-08-23 13:33:49] rapidtrades : k
[2016-08-23 13:34:01] I-am-Legend : yeah but i didnt know i just thought tis settlement in 3 days like ETC as it looks the same .. that needs to be updated urgently misleading to noobs
[2016-08-23 13:35:20] BitMEX_Sam : It is settling in 3 days just like ETC.