This is a mirror of the original BitMEX trollbox archive that used to be online here. BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.
Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again. But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.
You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation
<< >> English 中文 Русский 한국어 日本語 Español Français [2016-08-23 22:53:03] I-am-Legend : 10 ticks [2016-08-23 22:53:37] I-am-Legend : ohh its about 0.5% just did it in my head [2016-08-23 22:54:02] I-am-Legend : so if ur short u sort of do get ur 0.5 by closing now lol [2016-08-23 22:55:05] BitMEX_Greg : Yeah mid is 0.01874ish (for 1500 contracts), and mark is 0.01899. So the discount is 0.01874/0.01899-1 = 1.3% discount [2016-08-23 22:55:19] I-am-Legend : greg my curent unrealised pnl, thats based on which price. we got the order book + index + mark? [2016-08-23 22:55:44] BitMEX_Greg : Mark Price [2016-08-23 22:56:10] I-am-Legend : i see i dont really get what the mark price is [2016-08-23 22:56:20] I-am-Legend : i get the orderbook & i get index is polo price [2016-08-23 22:56:38] BitMEX_Greg : The Mark Price is the price that positions (and unrealised PnL and liquidations) are marked against. [2016-08-23 22:56:59] BitMEX_Greg : Usually the Mark Price is the Index Price, but sometimes it can deviate if the market is trading at a premium or discount [2016-08-23 22:57:29] I-am-Legend : so market is at discount now how come mark price is higher [2016-08-23 22:57:32] I-am-Legend : should be lower [2016-08-23 22:57:50] I-am-Legend : makr price even higher than index [2016-08-23 22:57:58] I-am-Legend : but book price way lower. [2016-08-23 22:58:08] I-am-Legend : only god will understand that [2016-08-23 22:58:47] BitMEX_Greg : Take a read over https://www.bitmex.com/app/fairPriceMarking [2016-08-23 22:59:15] BitMEX_Greg : It shows you why the Mark Price may not trade in line with where the market is trading on BitMEX. We do it this way to prevent market manipulation [2016-08-23 22:59:29] I-am-Legend : ok got two to read now.. greg when we are settled at rebalance that will be mark price not index right ? [2016-08-23 23:00:24] I-am-Legend : yeah i get cause those people trying to sell to milk the 0.58% will be at a loss due to high mark price [2016-08-23 23:00:27] BitMEX_Greg : Correct, you will be rebalanced at Mark Price [2016-08-23 23:01:24] I-am-Legend : so it means just after funding price will bounce as people get their interest [2016-08-23 23:01:31] BitMEX_Greg : Although note that it doesn't affect your PnL. It is only use [2016-08-23 23:01:48] BitMEX_Greg : used* to determine Unrealised PnL and points for liquidation [2016-08-23 23:03:35] I-am-Legend : but at settlement u use the mark price to make realized pnl so it does affect your pnl at time of re-balance [2016-08-23 23:03:57] BitMEX_Greg : Well at settlement we use the Settlement Price [2016-08-23 23:05:05] BitMEX_Greg : For perpetual contracts that do not have a settlement, then your Realised PnL is only affected from your entry / exit, trading fees and any funding paid or received [2016-08-23 23:05:32] BitMEX_Greg : be back soon, just grabbing a bite [2016-08-23 23:06:01] I-am-Legend : ok cheers dude see u in a bit let me know when you back .. there plenty of people learning from this convo [2016-08-23 23:06:13] I-am-Legend : not only me lol see u after lunch [2016-08-23 23:28:08] BitMEX_Greg : I-am-Legend: Great to hear it, let me know if you have other questions [2016-08-24 00:04:23] zanza : IM DELETING YOU, Harambe!??? ██]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]] 10% complete..... ████]]]]]]]]]]]]]]]]]]]]]]]]]]] 35% complete.... ███████]]]]]]]]]]]]]]]] 60% complete.... ███████████] 99% complete..... ?ERROR!? ?True? ✔?HaramBAEs?? are irreplaceable ? [2016-08-24 00:04:52] kogroken : wat [2016-08-24 00:19:40] miramm1115 : zanza unicode abuser [2016-08-24 00:21:24] jesperf : ? ? ? ‼️ ‼️ [2016-08-24 00:21:44] jesperf : ? [2016-08-24 00:43:32] laisee : zanza: try "rm -rf *" [2016-08-24 00:43:43] zanza : :) [2016-08-24 00:44:12] laisee : or "format c:", if you swiing that way .. [2016-08-24 00:59:51] BitMEX_Wally : `format c: /q` [2016-08-24 01:37:32] REKT : Liquidated long on `XMR7D`: Sell 24 @ 0.007854 [2016-08-24 01:50:05] Rado : actually I think we should have education channel [2016-08-24 01:50:31] Rado : so we don't fill the chat with only this stuff [2016-08-24 01:55:38] mjones : so next XMR move up and above 0.009 to 0.02 [2016-08-24 01:56:06] mjones : not sure why someone would want so many XMR coins so we'll see [2016-08-24 02:35:45] Rado : mjones: I don't think it's going to 0.02 anytime soon [2016-08-24 02:43:45] Rado : Enabling BFX tokens as collateral for financing is an irreversible feature. Once enabled, this setting cannot be disable. [2016-08-24 02:44:07] Rado : Another way to try and get more BFX coins liquidated [2016-08-24 06:31:06] REKT : Liquidated short on `XMR7D`: Buy 100 @ 0.008422 [2016-08-24 06:39:06] REKT : Liquidated short on `XMR7D`: Buy 500 @ 0.008685 [2016-08-24 09:15:43] Ultrahoschie : wher comes the mark price for xbtusd? [2016-08-24 09:25:42] Ultrahoschie : how fair is it ... markprice 578 .... marketprice 581 .... [2016-08-24 09:32:21] BitMEX_Jinming : Ultrahoschie: for details `https://www.bitmex.com/app/fairPriceMarking` [2016-08-24 09:34:25] BitMEX_Jinming : Ultrahoschie: Basically it's underlying price (50% okc + 50% bitstamp) plus funding basis [2016-08-24 09:44:21] Ultrahoschie : ok ... but my buy entryprice is not based on markprice .... [2016-08-24 09:44:33] Ultrahoschie : marketprice [2016-08-24 09:49:49] BitMEX_Jinming : Ultrahoschie: yes, the entry price depends on our market, however unrealised pnl is marked using `mark price` [2016-08-24 10:18:44] Ultrahoschie : ok but why the pnl is use markprice when the enter and closed price using market prices .... the markprice ... everytime behind ... i lose every time ... [2016-08-24 10:28:54] Ultrahoschie : you can mut mixed to differnet prices or you must say ... i open an oder @marketprice 579 (markprice at this time is 577) .... i close the order @marketprice 580 (markprice = 578) .... market-market = 1$ gain .... mark-mark = 1$ gain .... but you use market-mark .... (578-579) = 1$ lose ... and this is not correct ... [2016-08-24 11:03:51] REKT : Liquidated long on `XMR7D`: Sell 9 @ 0.008118 [2016-08-24 11:05:21] BitMEX_Jinming : Ultrahoschie: the realised Pnl is based on the actual prices you trade in and out. The unrealised Pnl is based on mark price so it's less likely to be manipulated. [2016-08-24 11:08:19] Ultrahoschie : ahhh ... ok [2016-08-24 12:31:07] REKT : Liquidated long on `ETC7D`: Sell 450 @ 0.002634 [2016-08-24 13:30:58] mjones : ETC broke support. how many sellers are out there. [2016-08-24 13:52:17] REKT : Liquidated long on `ETC7D`: Sell 5070 @ 0.002576 [2016-08-24 13:53:02] REKT : Liquidated long on `ETC7D`: Sell 536 @ 0.002564 [2016-08-24 14:40:51] Rado : shit coin made new highs [2016-08-24 14:40:55] Rado : at 0.00077 [2016-08-24 14:45:52] REKT : Liquidated long on `XBJ24H`: Sell 42 @ 58101.0 [2016-08-24 14:57:25] rapidtrades : good day fellas [2016-08-24 15:03:32] rapidtrades : any news on the bitfinex situation? [2016-08-24 15:10:25] laisee : BFX shares are up on +ve earnings report [2016-08-24 15:11:08] Martinos : +veearnings? [2016-08-24 15:13:14] laisee : positive earnings from their trading activities [2016-08-24 15:13:57] Martinos : oh [2016-08-24 15:14:32] Martinos : and btc still down [2016-08-24 15:15:09] laisee : srsly, BFX seems to be going up by the day [2016-08-24 15:17:27] rapidtrades : i suspect bitfinex is using bitcoins to buy the tokens [2016-08-24 15:21:46] rapidtrades : sounds crazy cos they should have way more extra USD..but the correlation is there [2016-08-24 15:21:57] CaptainDean : What is the next resistance ? [2016-08-24 15:22:02] CaptainDean : for BTC [2016-08-24 15:22:40] pigeons : but but..they said they wouldnt do that because ethics! [2016-08-24 15:23:27] BitMEX_Sam : Trust us. [2016-08-24 15:23:38] rapidtrades : Bitfinex wouldn't know what's ethics if it hit them in the ass [2016-08-24 15:25:02] pigeons : but but they started by liberating code from a scammer bucketshop! [2016-08-24 15:25:11] Rado : maybe Bitfinex itself is not buying the coins [2016-08-24 15:25:18] Rado : maybe an investor is buying them [2016-08-24 15:25:39] Rado : you buy the coins from 0.30 to 0.50 USD [2016-08-24 15:26:01] Rado : then go to Bitfinex and say I will get a stake in the company for $1 per BFX [2016-08-24 15:26:28] Rado : make 60% profit [2016-08-24 15:26:47] CaptainDean : fuck bitfinex [2016-08-24 15:26:48] rapidtrades : that would be one stupid investor [2016-08-24 15:26:55] BitMEX_Greg : Why wouldn't Bitfinex be buying them back? [2016-08-24 15:27:10] rapidtrades : because they said they won't :) [2016-08-24 15:27:22] Rado : BitMEX_Greg: can they legally? [2016-08-24 15:28:05] BitMEX_Greg : Can they legally issue BFX tokens? Can they legally impose a haircut of 36% on all accounts? [2016-08-24 15:28:17] Rado : fair [2016-08-24 15:28:27] Rado : what will be the reason for them buying them? [2016-08-24 15:28:46] CaptainDean : I repeat, fuck Bitfinex :P [2016-08-24 15:29:09] Rado : There can be only two reasons: Return the BTC to holders of BFX (not likely) 2. Profit from them buy selling them higher [2016-08-24 15:29:39] BitMEX_Greg : They would buy them back if they truly believe they will survive and the BFX tokens will make its way to a value of 1 [2016-08-24 15:30:24] Rado : but the only way to get out of the BFX is exchange them back for BTC or USD [2016-08-24 15:30:26] Rado : for all holders [2016-08-24 15:30:45] BitMEX_Greg : It's like a company buying its shares back on an exchange. If the shares dump to some crazy price, but the board believes they are cheap, then they will buy them back [2016-08-24 15:31:02] BitMEX_Greg : Unless they redeem all the holders back [2016-08-24 15:31:37] BitMEX_Greg : They could just one day announce that they had an angel investor give them $70m and they will be repaying all BFX token holders $1 or $1 worth of BTC [2016-08-24 15:31:50] Rado : Right [2016-08-24 15:32:01] Rado : that will be positive for them [2016-08-24 15:32:06] Rado : maybe that is the end game [2016-08-24 15:32:17] BitMEX_Greg : Yeah, but I dont know what type of investor would do that [2016-08-24 15:32:29] BitMEX_Greg : They would have to have a lot of confidence in Bitfinex's survival [2016-08-24 15:32:29] Rado : A shady one [2016-08-24 15:32:30] Rado : :-) [2016-08-24 15:32:34] Rado : that will get a cut [2016-08-24 15:32:49] rapidtrades : u got that right Rado [2016-08-24 15:32:54] Rado : on paper they invest $70 mill, but in reality they only invested 50 [2016-08-24 15:33:11] Rado : or something like that [2016-08-24 15:33:15] BitMEX_Greg : Yeah, still a risk for the investor [2016-08-24 15:33:22] rapidtrades : i hope they find an investor, will make suing them easier [2016-08-24 15:33:27] BitMEX_Greg : haha [2016-08-24 15:33:45] Rado : BitMEX_Greg: isn't everything risky in crypto space [2016-08-24 15:34:03] Rado : even investing in BitMEX is ricky [2016-08-24 15:34:08] Rado : although I will do it :-) [2016-08-24 15:34:15] Rado : risky [2016-08-24 15:34:30] BitMEX_Greg : haha yeah, new technologies, a lot of uncertainty [2016-08-24 15:34:31] Rado : when are you issuing BMX token? [2016-08-24 15:34:52] rapidtrades : they only risk in suing them now is it will likely force them into bankruptcy [2016-08-24 15:35:11] BitMEX_Greg : Haha not sure we would do that [2016-08-24 15:35:14] rapidtrades : so u end up getting the same slice as everyone but u payed for some legal costs [2016-08-24 15:35:32] BitMEX_Greg : That's why people are joining the class-action right? [2016-08-24 15:35:40] BitMEX_Greg : share the legal costs [2016-08-24 15:36:13] BitMEX_Greg : Bitfinex is doing a good job of spreading FUD around being sued [2016-08-24 15:36:44] rapidtrades : yeah it's too diffused right now...we have few ppl here that are intrerested, few on reddit...then there's that guy with the shady website [2016-08-24 15:36:52] rapidtrades : everyone is doing their own thing right now [2016-08-24 15:37:13] BitMEX_Greg : I am sure a lot of users want to, but after their statements saying "hey guys, we actually have your interests as a priority thats why we opened without really understanding our attack vector, by the way here's a BFX token for your troubles" [2016-08-24 15:37:43] BitMEX_Greg : I think people are scared given what happened with MtGox [2016-08-24 15:38:13] rapidtrades : https://news.bitcoin.com/heres-bitfinex-not-like-mtgox/ [2016-08-24 15:39:51] rapidtrades : my opinion is everyone trying to get a piece fast cos they expect them to go bankrupt soon...waiting for that lawsuit could take months/years [2016-08-24 15:40:18] Rado : shorting the BFX token might be a good bet here [2016-08-24 15:40:40] rapidtrades : if they survive few more weeks u will see a more organized effort to join any lawsuits [2016-08-24 15:41:08] BitMEX_Greg : interesting [2016-08-24 15:42:13] rapidtrades : if u sold ur tokens and withdrawn everything, there is no reason not to join any lawsuits [2016-08-24 15:44:04] Rado : rapidtrades: what is the difference by a person that lost money and holding BFX tokens and someone that did not lose anything but bought BFX tokens [2016-08-24 15:44:12] Rado : Do they have the same rights holding the tokens [2016-08-24 15:45:25] rapidtrades : tokens holders will prolly be at the back of the line in any liquidation [2016-08-24 15:45:54] rapidtrades : just my opinion, not legal advice :) [2016-08-24 15:46:35] Rado : usually in a bankruptcy john doe does not get anything [2016-08-24 15:46:41] Rado : accountants make sure of that [2016-08-24 15:46:53] BitMEX_Greg : Yeah that's an interesting question. As some people will have already sold their tokens and realised a loss of 20% on par [2016-08-24 15:48:00] rapidtrades : i lost bit more then that due to having to buy BTC at premium [2016-08-24 15:49:06] rapidtrades : the tokens are not a legal debt instrument and right now there's only the promise of shares [2016-08-24 15:49:25] rapidtrades : so as things stand now, they may not even be counted as a claim [2016-08-24 15:49:45] rapidtrades : again just imo, haven't consulted a lawyer [2016-08-24 15:50:09] BitMEX_Greg : You should think strongly about the class action then [2016-08-24 15:50:44] rapidtrades : yeah i've sent a few emails...let's see what i get back [2016-08-24 15:51:30] BitMEX_Greg : Good luck [2016-08-24 15:53:20] Rado : If I sell my BFX at 0.00078 [2016-08-24 15:53:31] Rado : My total loss will be only a bit over 3 BTC [2016-08-24 15:59:52] REKT : Liquidated short on `XMR7D`: Buy 15 @ 0.007885 [2016-08-24 16:03:07] REKT : Liquidated short on `XMR7D`: Buy 71 @ 0.008023 [2016-08-24 16:30:33] macios15 : bitfinex token? what is that [2016-08-24 16:40:57] BitMEX_Greg : macios15: https://www.bitfinex.com/bfx_token_terms [2016-08-24 16:46:21] REKT : Liquidated long on `XMR7D`: Sell 3 @ 0.007695 :punch: :whale: [2016-08-24 16:46:26] Rado : rapidtrades: I am out [2016-08-24 16:46:37] Rado : sold at 0.00078 [2016-08-24 16:46:54] Rado : took my 3 BTC and running fast away from Bitfinex [2016-08-24 17:33:33] rapidtrades : Rado: prolly for the best [2016-08-24 17:33:57] rapidtrades : Rado: and u got out at a better price :) [2016-08-24 20:47:03] justinlooking : sleger are u shorting the shit out of xbtusd again? [2016-08-24 20:59:50] rapidtrades : justinlooking: he's not here atm [2016-08-24 21:26:34] ayy_lmao : slow day for the trollbox [2016-08-24 23:03:16] dh2 : test [2016-08-24 23:04:10] BitMEX_Sam : Traders are asleep, it's still summer [2016-08-24 23:04:51] dh2 : Hi Bitmex_Sam [2016-08-24 23:05:52] dh2 : I had an issue Yesterday where I' [2016-08-24 23:07:58] dh2 : lost my Bitmex login and also access to the account I had associated [2016-08-24 23:08:48] dh2 : I requested support/suggestions and now I've finally relocated it [2016-08-24 23:09:34] dh2 : I thought i'd let you know immediately so that nobody wasted any time on iy [2016-08-24 23:10:35] dh2 : Lesson learned - use 2FA :) [2016-08-24 23:10:51] BitMEX_Sam : dh2: Thanks. Strangely enough, I don't see any support ticket from you. [2016-08-24 23:14:41] dh2 : Hi. I believe I had to use another email address as a I was locked out of mine. I was migrating from a Windows PC to an Apple PC - where some files 'corrupted' slightly. Now I'm back :) [2016-08-24 23:19:07] REKT : Liquidated long on `LTCXBT`: Sell 1600 @ 0.00660 [2016-08-24 23:19:07] REKT : Liquidated long on `LTCXBT`: Sell 100 @ 0.00662 [2016-08-25 01:09:02] REKT : Liquidated long on `XBTUSD`: Sell 165 @ 575.58 [2016-08-25 01:09:02] REKT : Liquidated long on `XBTUSD`: Sell 35000 @ 575.46 **MEGA-REKT** :boom: [2016-08-25 01:22:02] REKT : Liquidated long on `ETC7D`: Sell 98 @ 0.002493 [2016-08-25 01:43:08] REKT : Liquidated long on `XBTUSD`: Sell 1110 @ 574.77 [2016-08-25 01:43:08] REKT : Liquidated long on `XBTUSD`: Sell 3333 @ 574.82 [2016-08-25 01:48:42] REKT : Liquidated long on `XBTUSD`: Sell 200 @ 574.48 [2016-08-25 01:48:48] REKT : Liquidated long on `XBTUSD`: Sell 1500 @ 574.36 [2016-08-25 01:48:48] REKT : Liquidated long on `XBTUSD`: Sell 6230 @ 574.19 [2016-08-25 01:48:48] REKT : Next stop - goblin town! [2016-08-25 01:48:53] REKT : Liquidated long on `XBTUSD`: Sell 1000 @ 573.82 [2016-08-25 01:48:53] REKT : Liquidated long on `XBTUSD`: Sell 2 @ 573.79 :punch: :whale: [2016-08-25 01:49:57] REKT : Liquidated long on `XBTUSD`: Sell 300 @ 573.50 [2016-08-25 01:50:17] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 573.30 :punch: :whale: [2016-08-25 01:50:51] REKT : Liquidated long on `LSKXBT`: Sell 1 @ 0.000448 :punch: :whale: [2016-08-25 01:51:47] REKT : Liquidated long on `XBTUSD`: Sell 33331 @ 572.93 **MEGA-REKT** :boom: [2016-08-25 01:53:32] REKT : Liquidated long on `XBTUSD`: Sell 150 @ 572.33 [2016-08-25 02:46:34] ayy_lmao : inb4 xmr rekt [2016-08-25 02:47:07] ayy_lmao : lmao mm pulling orders again [2016-08-25 03:44:53] willybot : all XMR buys pulled. well done MM [2016-08-25 03:51:40] ayy_lmao : lmaooo [2016-08-25 03:52:14] ayy_lmao : mm rekt [2016-08-25 03:52:45] ayy_lmao : suprised no liquidations [2016-08-25 03:54:03] willybot : ayy_lmao: they are coming. Traders are on the last leg. One more downwards push and it cascades [2016-08-25 03:55:28] zanza : willybot, when are you shutting down this site? [2016-08-25 03:57:00] willybot : zanza: when its profitable [2016-08-25 04:02:38] REKT : Liquidated short on `XMR7D`: Buy 28 @ 0.007158 [2016-08-25 04:18:58] zanza : ok [2016-08-25 05:29:31] zanza : ETC breaking down technically [2016-08-25 05:49:20] aethlios : bitmex any plans to turn xmr, etc tp swap?? [2016-08-25 06:02:59] BitMEX_Wally : Yes if it trades well [2016-08-25 06:09:20] Tetsuo : i´m sure ETC will trade well untll it hits 0$ in a few weeks when the network gets shut down [2016-08-25 06:44:06] rapidtrades : good morning [2016-08-25 06:47:02] REKT : Liquidated short on `XMR7D`: Buy 10 @ 0.007520 [2016-08-25 06:47:02] REKT : Liquidated short on `XMR7D`: Buy 72 @ 0.007493 [2016-08-25 06:54:52] REKT : Liquidated long on `ETC7D`: Sell 1456 @ 0.002389 [2016-08-25 08:47:21] REKT : Liquidated long on `XMR7D`: Sell 43 @ 0.006943 [2016-08-25 08:55:56] Tetsuo : Rise & shine ETH [2016-08-25 11:09:28] BitMEX_Wally : :) [2016-08-25 11:14:58] rapidtrades : BitMEX_Wally: hey so in my trade history...where it says fee rate and fee paid....if these are negative does it mean i got paid? [2016-08-25 11:15:14] BitMEX_Wally : rapidtrades: Yes that's correct [2016-08-25 11:15:22] rapidtrades : ok cool [2016-08-25 11:43:52] REKT : Liquidated long on `ETC7D`: Sell 5770 @ 0.002331 [2016-08-25 11:45:02] REKT : Liquidated long on `ETC7D`: Sell 7500 @ 0.002317 [2016-08-25 12:35:58] rapidtrades : why is monero getting the spotlight and not dash? [2016-08-25 12:36:08] rapidtrades : they're both anoncoins? [2016-08-25 12:36:39] Boontjie : rapidtrades: darknet uses monero [2016-08-25 12:37:08] rapidtrades : source? [2016-08-25 12:37:28] Boontjie : http://themerkle.com/monero-xmr-on-the-rise-following-its-inclusion-in-the-darknet-market-alphabay/ [2016-08-25 12:43:37] REKT : Liquidated long on `ETC7D`: Sell 10 @ 0.002279 [2016-08-25 13:07:22] willybot : sitting in usd. Next ship leaves the station tuesday [2016-08-25 14:03:32] REKT : Liquidated long on `ETC7D`: Sell 140 @ 0.002254 [2016-08-25 14:18:44] Kalman : BitMEX_Wally: Hi, the value column in the trade history shows only 4 digits. Do you calculate internally with more, e.g. 8 ? [2016-08-25 14:22:01] BitMEX_Sam : Kalman: Yes, all calculations are in Satoshis. You can change which currency you display by clicking your username dropdown in the top right. [2016-08-25 14:23:01] Kalman : great, thx! [2016-08-25 14:51:22] REKT : Liquidated short on `ETC7D`: Buy 30 @ 0.002368 [2016-08-25 14:55:17] REKT : Liquidated short on `ETC7D`: Buy 291 @ 0.002417 [2016-08-25 14:56:07] REKT : Liquidated short on `ETC7D`: Buy 3300 @ 0.002427 [2016-08-25 15:32:34] Rado : sup punks [2016-08-25 15:47:55] CaptainDean : Hey Rado [2016-08-25 15:52:04] Rado : CaptainDean: hey [2016-08-25 17:29:37] REKT : Liquidated long on `LTCXBT`: Sell 30 @ 0.00657 [2016-08-25 17:54:07] REKT : Liquidated long on `LTCXBT`: Sell 2400 @ 0.00653 [2016-08-25 18:28:01] CaptainDean : 3$ premium price, long time no see [2016-08-25 18:36:28] Rado : doing my first trade on XMR [2016-08-25 18:36:56] Rado : very quite in here [2016-08-25 18:38:59] Rado : my liq price on XMR is 0.001624 [2016-08-25 18:39:08] Rado : I guess I could have done a bigger position [2016-08-25 18:39:17] Rado : why am I talking to myself [2016-08-25 18:39:21] Rado : :-) [2016-08-25 18:47:52] BitMEX_Greg : Rado: What are your thoughts about XMR? [2016-08-25 18:48:21] Rado : right now I just entered a long from 0.0062 [2016-08-25 18:48:41] Rado : a secondary rally which will be much weaker [2016-08-25 18:48:58] Rado : will get out anywhere over 0.0072 [2016-08-25 18:49:17] Rado : it could go higher, but I am not going to stick with it [2016-08-25 18:49:26] Rado : I know nothing about XMR [2016-08-25 18:49:43] Rado : just technically it was good for a trade [2016-08-25 18:49:55] ayy_lmao : where did u long [2016-08-25 18:50:05] ayy_lmao : polo or here [2016-08-25 18:50:15] Rado : here of course [2016-08-25 18:50:34] Rado : who trades on normal exchanges when you have BitMEX ;-) [2016-08-25 18:50:41] ayy_lmao : how were you able to long at 62, chart on here only shows 65 low [2016-08-25 18:50:51] Rado : oh [2016-08-25 18:50:53] Rado : sorry [2016-08-25 18:50:59] Rado : long is at 0.00662 [2016-08-25 18:51:04] ayy_lmao : oh makes sense [2016-08-25 18:51:11] Rado : my mistake [2016-08-25 18:51:45] Rado : I guess lowest trades were 0.00645 [2016-08-25 18:53:24] Rado : there is always a chance the bounce is already done and it will continue down [2016-08-25 20:37:33] justinlooking : trolls are kill [2016-08-25 20:38:35] justinlooking : where is rapricktrades [2016-08-25 20:38:52] rapidtrades : :) [2016-08-25 20:39:01] justinlooking : hello geez [2016-08-25 20:40:32] rapidtrades : Rado: waiting for a break of the highs [2016-08-25 20:43:15] Rado : rapidtrades: on what rapidtrades? [2016-08-25 20:43:32] rapidtrades : xmr [2016-08-25 20:43:41] Rado : I have my sell order ;-) [2016-08-25 20:44:34] rapidtrades : only 33% away :) [2016-08-25 20:45:10] Rado : I am selling way bellow what I think a possible target is [2016-08-25 20:45:20] Rado : I think it's going to 0.0075 [2016-08-25 20:45:27] Rado : but selling at 0.007299 [2016-08-25 20:45:35] Rado : filled :-) [2016-08-25 20:45:42] rapidtrades : ahahaha nice one [2016-08-25 20:45:58] Rado : MM seem to have dropped [2016-08-25 20:46:23] Rado : he is back [2016-08-25 20:46:30] rapidtrades : kind of [2016-08-25 20:46:53] rapidtrades : i think that trade was too quick and easy....likely rally not over :) [2016-08-25 20:47:07] Rado : yes [2016-08-25 20:47:20] Rado : but I am not in the business of catching tops or bottoms [2016-08-25 20:47:22] Rado : :-) [2016-08-25 20:47:41] rapidtrades : why 0.0075? [2016-08-25 20:48:36] rapidtrades : btw does anyone know what was monero's market cap prior to this rally? where was it in the top [2016-08-25 20:48:37] Rado : it had 3-4 touch points there before [2016-08-25 20:48:43] Rado : see this chart I created [2016-08-25 20:48:44] Rado : https://www.tradingview.com/chart/XMRBTC/50ENMt7W-XMR-bounce-in-progress/ [2016-08-25 20:51:38] rapidtrades : i see ur point [2016-08-25 20:56:55] rapidtrades : man bitcoin really can't stay above that 10b market cap [2016-08-25 20:57:15] rapidtrades : when was the last time we were there? right before gox went under? [2016-08-25 20:57:55] rapidtrades : then in june and now we're dead [2016-08-25 20:58:03] rapidtrades : daily chart looks ugly as sin [2016-08-25 20:58:45] Rado : rapidtrades: once it starts going it will be epic [2016-08-25 20:58:46] Rado : imo [2016-08-25 20:59:04] Rado : it needs a trigger [2016-08-25 20:59:13] Rado : like FED doing something stupid [2016-08-25 20:59:24] Rado : or DB going ch11 [2016-08-25 20:59:38] Rado : bond bubble finally bursting [2016-08-25 20:59:45] Rado : a lot of things can trigger it [2016-08-25 20:59:51] Rado : I think it's not far away [2016-08-25 20:59:55] Rado : maybe this October [2016-08-25 21:02:16] rapidtrades : i doubt any of the things u said will have a lasting impact [2016-08-25 21:05:22] rapidtrades : im going through the top coins and aside from btc/usd polo leads them all [2016-08-25 21:05:46] rapidtrades : guess i should make an account [2016-08-25 21:06:15] rapidtrades : what's the leverage? 3/1? [2016-08-25 21:11:01] rapidtrades : why are they desisting DSH? isn't that dash? [2016-08-25 21:24:06] Rado : 2.5 x 1 [2016-08-25 21:24:14] Rado : no [2016-08-25 21:24:30] Rado : Dash is DASH [2016-08-25 21:24:51] rapidtrades : what is dsh then [2016-08-25 21:25:21] rapidtrades : cos on btc-e i see DSHBTC and it says DASH [2016-08-25 21:25:28] rapidtrades : when u hover over it [2016-08-25 21:26:06] Rado : I don't see DSH [2016-08-25 21:26:28] Rado : going out [2016-08-25 21:26:32] rapidtrades : WHAT [2016-08-25 21:26:33] Rado : tty later [2016-08-25 21:26:38] rapidtrades : NO [2016-08-25 21:27:24] rapidtrades : https://btc-e.com/exchange/dsh_btc [2016-08-25 21:32:40] rapidtrades : i don;t get it....what's the DSH that polo will be delisting [2016-08-25 21:35:19] habibi : rapidtrades: dummie http://lmgtfy.com/?q=DSH+bitcointalk [2016-08-25 21:35:42] rapidtrades : habibi: IT'S DUMMY DUMBO [2016-08-25 21:36:01] habibi : dummie suits u better :) [2016-08-25 21:42:37] rapidtrades : habibi: i see now why sleger doesn't like u [2016-08-25 21:44:29] habibi : brilliant argument :) i guess u care a lot about what sleger thinks about u, but u are the only one who cares [2016-08-25 23:18:21] HackedOnBFX : Why can't I connect with the MM bot? [2016-08-25 23:18:25] HackedOnBFX : Is it down? [2016-08-25 23:24:48] BitMEX_Sam : I assume you self-hosted it, so that's probably a question best answered by you [2016-08-25 23:31:07] tb : is there a way to roll the bfx token through expiry? [2016-08-25 23:31:32] tb : I don't want to have to open a new position and pay the spread again [2016-08-25 23:34:37] BitMEX_Greg : tb: We don't have a roll contract unfortunately. You can try asking trader's here who may be on the opposite side to trade with you in the market [2016-08-25 23:42:55] tb : even something like an opening auction for the new contract with prices quoted +/- index or nav would be good too [2016-08-25 23:44:37] ayy_lmao : the would have spread too? [2016-08-25 23:49:08] ayy_lmao : that [2016-08-25 23:49:20] tb : no [2016-08-25 23:49:47] tb : it's an auction, so everyone bids in price below/above settlement/open [2016-08-25 23:50:09] tb : the book can be crossed [2016-08-25 23:50:21] ayy_lmao : lol [2016-08-25 23:50:25] ayy_lmao : insta liquidations [2016-08-25 23:51:08] tb : no [2016-08-25 23:51:41] tb : because it'll most likely trade very close to the old contract's settlement price/new contract's opening price [2016-08-25 23:53:58] tb : @BitMEX_Greg is this something you guys can add at some point? [2016-08-25 23:54:53] tb : like if i were to marketmake i would need a way to hedge rebalance charm [2016-08-25 23:55:16] tb : err settlement [2016-08-25 23:56:11] BitMEX_Greg : tb: Unlikely we will add a roll contract for the BFX contract. We may look at changing it over to the perpetual swap style later if it still exists and trades well [2016-08-26 00:02:26] HackedOnBFX : BitMEX_Sam: i meant, is something on the site down [2016-08-26 00:13:10] BitMEX_Greg : HackedOnBFX: I don't see any outages on our end. [2016-08-26 00:59:07] Rado : tb: fees are so small [2016-08-26 00:59:21] Rado : you even get paid if you put a limit order [2016-08-26 00:59:51] Rado : sell in the middle between bid and ask [2016-08-26 01:11:42] Rado : XMR target hit now [2016-08-26 01:28:01] Rado : STEEM looks oversold and should also get a bounce [2016-08-26 01:28:47] Rado : Some positive divergences [2016-08-26 02:23:25] Rado : ETH in stealth rally [2016-08-26 02:42:51] REKT : Liquidated short on `XMR7D`: Buy 65 @ 0.007652 [2016-08-26 05:01:52] REKT : Liquidated long on `ETHXBT`: Sell 9 @ 0.01960 [2016-08-26 05:02:18] BitMEX_Wally : `BFXU16` has been listed: https://www.bitmex.com/app/trade/BFXU16 [2016-08-26 05:24:44] rapidtrades : BitMEX_Wally: mark on sept is way above bi/asks [2016-08-26 05:25:01] micmix : BitMEX_Wally: very nice! have you made any decision about XBTZ16 or other long-term quantos? [2016-08-26 06:15:40] rapidtrades : yeah we want a new quanto [2016-08-26 06:18:37] Kalman : BitMEX_Wally: Do you also disconnect trading bots after 24 h? [2016-08-26 06:18:49] Kalman : BitMEX_Wally: Hi [2016-08-26 07:22:12] martyix : Can anyone explain to me results of https://testnet.bitmex.com/api/v1/user/wallet?currency=XBt ? [2016-08-26 07:22:18] martyix : What exactly is the value "amount"? What is "deltaAmount"? [2016-08-26 07:29:56] BitMEX_Wally : martyix: `amount` is the net total of all wallet transactions (not including pending rebalances) [2016-08-26 07:30:12] BitMEX_Wally : `walletBalance = (amount - pendingDebit) + realisedPnl` [2016-08-26 07:30:54] martyix : thank you! [2016-08-26 07:31:45] BitMEX_Wally : Kalman: We don't disconnect trading bots, but access tokens expire after 24 hours, so I recommend you request an API key [2016-08-26 07:34:42] Kalman : BitMEX_Wally: Done so. How can one refresh the access token while beeing connected? [2016-08-26 07:35:22] BitMEX_Wally : https://www.bitmex.com/app/restAPI#authentication [2016-08-26 07:35:31] BitMEX_Wally : `Access tokens are valid for 24hrs. After that time, you must request another. Simply POST to /user/login` [2016-08-26 07:37:03] Kalman : BitMEX_Wally: Sorry beeing imprecise, the script is connected via API key, this access token doesnt expire? [2016-08-26 07:37:33] BitMEX_Wally : access tokens are different from API keys [2016-08-26 07:38:29] BitMEX_Wally : API keys do not expire, but each message has to be signed with the secret [2016-08-26 07:38:32] BitMEX_Wally : https://www.bitmex.com/app/apiKeysUsage [2016-08-26 07:41:38] BitMEX_Wally : If you have a WebSocket connection then occasionally the connection maybe dropped when we roll updates to the servers, but you can always reconnect [2016-08-26 07:42:34] Kalman : BitMEX_Wally: did you last night have an updated etc. ? [2016-08-26 07:43:54] BitMEX_Wally : There was a restart at Aug 25 19:43:28 UTC [2016-08-26 07:48:45] Kalman : BitMEX_Wally: my local time was 22:17 ... so it should be this morning HK time [2016-08-26 07:57:29] Kalman : BitMEX_Wally: anyway, will get around this. Thx [2016-08-26 08:37:05] billyboy402 : BitMEX_Wally: hey mate , when the XBTU16 finish does it get settle on the index price or the mark price ? [2016-08-26 08:38:59] rapidtrades : index [2016-08-26 11:50:17] REKT : Liquidated short on `ETC7D`: Buy 5200 @ 0.002449 [2016-08-26 11:51:38] subjective : BitMEX_Wally: why is mark price of ETC lower than polo it is 0.00253 already [2016-08-26 11:52:17] REKT : Liquidated short on `ETC7D`: Buy 1100 @ 0.002455 [2016-08-26 11:53:42] sleger : subjective: TWAP ? [2016-08-26 11:55:13] subjective : Ok [2016-08-26 12:01:22] subjective : That is a pretty big diff on the settlement price, sign... [2016-08-26 12:01:39] sleger : yes the calculation is clearly bugged [2016-08-26 12:02:33] subjective : 0.002479 vs 0.00257 big diff there [2016-08-26 12:03:14] BitMEX_Wally : The mark price is based off the indicative settlement price which is the cumulative 30 minute TWAP before settlement [2016-08-26 12:03:47] subjective : Was that a settlement pump, because Bitmex is the only place to leaverage ETC at the moment [2016-08-26 12:04:37] BitMEX_Wally : Open interest here was only 150 Bitcoin so unlikely [2016-08-26 12:11:22] REKT : Liquidated long on `ETHXBT`: Sell 60 @ 0.01944 [2016-08-26 12:43:31] rapidtrades : sleger: still holding them tokens? [2016-08-26 12:43:47] sleger : BitMEX_Wally: you should make the twap for weekly more than 30 min [2016-08-26 12:44:04] sleger : rapidtrades: yes, not touching those [2016-08-26 12:53:19] rapidtrades : sleger: they're only good if u want to bargain....has bitfinex been receptive? [2016-08-26 12:54:46] sleger : not much, i think they are trying to save time to delay anything else and to try and raise money [2016-08-26 12:55:25] sleger : if they succeed and reimburse customer losses with it, that's work with me, and im sure there are lot of people stupid enough to invest in that business [2016-08-26 12:57:16] rapidtrades : i don't see how they can stay in business...there are so many potential avenues for suing [2016-08-26 12:58:19] rapidtrades : not just on individual but on regulatory level as well [2016-08-26 12:58:32] rapidtrades : they're bound to get slapped hard by the CFTC for example [2016-08-26 13:00:57] sleger : these usually only put fines that can be absorbed by the business revenues [2016-08-26 13:04:48] rapidtrades : i wouldn't be so sure in this case [2016-08-26 13:05:01] rapidtrades : if this was in america, they would shut them down for sure [2016-08-26 13:41:45] Rado : damn I missed the short on XMR [2016-08-26 13:43:24] Rado : went all the way to 0.08 [2016-08-26 13:49:46] Rado : I think FCT might go down to test 0.0035 - 0.004 area [2016-08-26 13:49:51] Rado : should be a nice short here [2016-08-26 14:13:41] Rado : hard to trade FCT here now as there is no volume [2016-08-26 14:13:57] Rado : I guess only works once the underling starts moving [2016-08-26 14:20:28] Rado : actually this alt coins are really easy to trade on 15 min chart [2016-08-26 14:21:07] Rado : they seem to follow the TA patterns [2016-08-26 14:21:36] Rado : crypto space still not manipulated like wall street I guess [2016-08-26 14:21:55] Rado : 411 users in here? [2016-08-26 14:22:19] Rado : not a soul posting [2016-08-26 14:23:04] muirtastic : So was BFX delisted on here? I don't see any bids or asks [2016-08-26 14:24:06] arbitrage001 : sleger: any reason why investing in bitfinex is stupid? token holder better off holding it till they redeem at 1 dollar? [2016-08-26 14:24:24] muirtastic : why do you think they will ever redeem at $1? [2016-08-26 14:24:29] muirtastic : They need $72 million to do that [2016-08-26 14:24:53] sleger : their plan is to raise money on the bnk platform and repay their debts [2016-08-26 14:25:14] Rado : muirtastic: it's the new contract [2016-08-26 14:25:28] sleger : if they succeed it will be good for customers, but i doubt it will be good for people investing in that [2016-08-26 14:25:30] muirtastic : unlikely they will raise $72 million or anywhere remotely close to that. [2016-08-26 14:25:48] muirtastic : There's still a good chance some lawsuits will take them out but time will tell [2016-08-26 14:25:51] arbitrage001 : sleger: pretty much depend on valuation, isnt it? [2016-08-26 14:26:17] Rado : arbitrage001: exactly, what is the current valuation [2016-08-26 14:26:34] Rado : are there any revenue figures out there? [2016-08-26 14:26:36] Rado : let me check [2016-08-26 14:26:38] arbitrage001 : Rado: no one know how much busness will drop due to the hack [2016-08-26 14:26:57] Rado : lets say we use valuation based on revenues prior to the hack [2016-08-26 14:27:05] Rado : for investment purpose [2016-08-26 14:27:11] muirtastic : I think at their old revenue figures, it was estimated that would take 7 years and that would be committing all their profits to repaying [2016-08-26 14:27:14] arbitrage001 : pe of 10 or less would be nice [2016-08-26 14:27:31] Rado : 10? [2016-08-26 14:27:38] muirtastic : oh well I lost a good bit shorting BFX last contract but going to do it again [2016-08-26 14:27:47] Rado : for any new space like crypto PE will be way higher [2016-08-26 14:27:59] arbitrage001 : then i will not invest [2016-08-26 14:28:09] arbitrage001 : rather hold coin and redeem at 1 [2016-08-26 14:28:13] Rado : arbitrage001: that's your choice [2016-08-26 14:28:20] arbitrage001 : assuming they can repay in 1-2 years [2016-08-26 14:28:53] arbitrage001 : Rado: dont forget the debt market can become irrational [2016-08-26 14:29:23] arbitrage001 : people might bid all the way up to 90 cents if they think pe is reasonable [2016-08-26 14:29:30] arbitrage001 : or close to par [2016-08-26 14:29:48] muirtastic : Yes and the alt coin market is irrational too and people could treat it like an alt [2016-08-26 14:30:23] Rado : Bitfinex: Arthur Hayes estimates $3.42 million 6 months revenue [2016-08-26 14:30:26] Rado : he he [2016-08-26 14:30:34] Rado : Arthur did some calculations [2016-08-26 14:30:53] Rado : so if we say 7 mill revenue per year and 10x sales valuation [2016-08-26 14:30:53] muirtastic : so 7 million a year revenue..that is not all profit of course. [2016-08-26 14:30:59] Rado : the whole company is worth 70 mill [2016-08-26 14:31:15] Rado : so if someone invests 70 mill they should own 100% [2016-08-26 14:31:17] Rado : lol [2016-08-26 14:31:23] muirtastic : I sure would not invest in Bitfinex with the current management in place [2016-08-26 14:31:42] arbitrage001 : Rado: existing shareholders all get wiped out? [2016-08-26 14:31:54] muirtastic : They have proven themselves incompetent and guilty of criminal negligence and some of them have shady past history as well. [2016-08-26 14:32:13] arbitrage001 : muirtastic: everyone in crypto space are shady [2016-08-26 14:32:18] muirtastic : seems like existing shareholders will get their shares diiluted incredible. [2016-08-26 14:32:28] muirtastic : arbitrage001: not everyone but quite a few, it seems. [2016-08-26 14:33:55] Rado : muirtastic: exactly, at least 100% dilution [2016-08-26 14:34:16] BitMEX_Sam : I believe that's why they're going with bnktothefuture [2016-08-26 14:34:16] Rado : however if I am the CEO I would like 50% better than 0 [2016-08-26 14:34:40] ayy_lmao : polo closed at below 72 but bitmex settled at 75? lmao [2016-08-26 14:34:44] ayy_lmao : XMR [2016-08-26 14:35:11] Rado : ayy_lmao: closed at 72? [2016-08-26 14:35:18] Rado : what time are you looking at? [2016-08-26 14:35:51] ayy_lmao : my bad 73 [2016-08-26 14:35:54] ayy_lmao : lol [2016-08-26 14:36:21] Rado : that's why I don't stay in for settelment [2016-08-26 14:36:43] Rado : why would you do that when you can sell limit and get paid? [2016-08-26 14:36:55] arbitrage001 : BitMEX_Sam: why they going with bankofthe future? [2016-08-26 14:36:57] Rado : instead of paying and not knowing what price you will get [2016-08-26 14:37:32] rapidtrades : arbitrage001: cos it's a shady fundraising platform for shady companies [2016-08-26 14:38:18] arbitrage001 : rapidtrades: shady in what way [2016-08-26 14:38:23] arbitrage001 : this is the first time i heard the bank [2016-08-26 14:38:39] rapidtrades : it's not a bank [2016-08-26 14:38:56] rapidtrades : forex is such bullshit [2016-08-26 14:51:51] Rado : rapidtrades: are you trading USDJPY on the FED? [2016-08-26 15:15:32] messiaen8844 : BTC-e Leader for USD volume now [2016-08-26 15:15:45] messiaen8844 : Kraken/GDAX also ahead of bitfinex [2016-08-26 15:17:26] Rado : that's to be expected [2016-08-26 15:18:00] Rado : BTCE were smart to do a promotion during Bitfinex hack [2016-08-26 15:19:15] messiaen8844 : fee promotion? [2016-08-26 15:28:00] Rado : yes [2016-08-26 15:28:13] Rado : they had a promotion for commission free trades [2016-08-26 15:28:18] Rado : until end of August I think [2016-08-26 15:28:38] Rado : we need to see if the volume will stay at the same levels after promotion ends [2016-08-26 15:38:29] messiaen8844 : btc-e interface looks like 90's internet ;D [2016-08-26 15:39:57] messiaen8844 : Best UI I have seen so far in the space is bitmex, really nice [2016-08-26 15:41:29] BitMEX_Sam : :+1: Glad you like it [2016-08-26 15:41:49] Rado : agreed