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 [2015-09-06 08:40:10] BitMEX_Arthur : HEHE [2015-09-06 08:40:26] BitMEX_Arthur : Our TrollBox our rules :) [2015-09-06 08:41:49] billyboy402 : that's immature from a professional view [2015-09-06 08:42:10] BitMEX_Arthur : Well it isn't called the TrollBox for nothing [2015-09-06 08:42:14] krtek.net : fucking okcoin [2015-09-06 08:42:22] BitMEX_Arthur : We try and have a little fun, this is Bitcoin [2015-09-06 08:42:23] krtek.net : i luv it < [2015-09-06 08:42:27] krtek.net : < 3 [2015-09-06 08:43:43] billyboy402 : so why is mar 2016 xbt $298 . wouldnt it be profitable to short it down to current spot price and just hold it [2015-09-06 08:44:40] BitMEX_Arthur : billyboy402: Depends on where spot is at expiry [2015-09-06 08:45:10] billyboy402 : so if the spot price on exip-ery is $250 ,,, you make $50 right , and [2015-09-06 08:45:19] BitMEX_Arthur : https://blog.bitmex.com/cash-and-carry-arbitrage-with-bitmex-futures/ [2015-09-06 08:45:29] BitMEX_Arthur : Read this it goes step by step on how to do the trade [2015-09-06 08:45:30] billyboy402 : why is the indexprice 298 . shouldnt the index price be 240 [2015-09-06 08:45:34] BitMEX_Arthur : and the risks involved [2015-09-06 08:45:46] BitMEX_Arthur : It's a free market it can be where ever it wants until the moment of expiry [2015-09-06 08:45:58] BitMEX_Arthur : At that point Future = Spot no question [2015-09-06 08:46:45] billyboy402 : ok ,,, so if there was a future finish in 10 min ,,,,,,,, and the current idex price was $400 ,.... it wouldnt matter as long the settlement in 10 is will close at 240 [2015-09-06 08:47:27] BitMEX_Arthur : To determine the break even levels is a quadratic function, read that blog post it tells you exactly how to value the premium [2015-09-06 08:47:31] BitMEX_Arthur : and put in context of volatility [2015-09-06 08:47:58] BitMEX_Arthur : I know it's a bit complex but that's why there is opportunity for sellers, because most people won't take the time to understand [2015-09-06 08:48:01] BitMEX_Arthur : they just trade [2015-09-06 08:48:14] BitMEX_Arthur : which is why bitcoin futures across all exchanges are grossly mispriced [2015-09-06 08:48:43] BitMEX_Arthur : If you read those posts and take the time to understand it's pretty easy pickings out there [2015-09-06 08:48:59] billyboy402 : ok , i heard u dont use bfx price any more , what price do you use now [2015-09-06 08:49:09] BitMEX_Arthur : TradeBlock's XBX Index [2015-09-06 08:49:53] billyboy402 : https://tradeblock.com/markets/index is that correct [2015-09-06 08:49:59] BitMEX_Arthur : Yes [2015-09-06 08:50:43] billyboy402 : why is 25sep 2015 XBU only 2.90 is that a website erros [2015-09-06 08:51:07] BitMEX_Arthur : Refresh your browser [2015-09-06 08:51:15] BitMEX_Arthur : market is 240 / 253.98 [2015-09-06 08:51:21] billyboy402 : i see there only 1 order of 3.00 5 contracts [2015-09-06 08:51:34] BitMEX_Arthur : You might be looking at BVOL [2015-09-06 08:51:40] BitMEX_Arthur : https://www.bitmex.com/app/trade/XBUU15 [2015-09-06 08:52:12] j8 : you're looking at a calendar spread. [2015-09-06 08:52:57] billyboy402 : https://www.dropbox.com/s/h7x8xxjv5sggc75/Screenshot%202015-09-06%2018.51.59.png?dl=0 [2015-09-06 08:53:13] krtek.net : quarteries once again in contango [2015-09-06 08:53:18] billyboy402 : (XBUU15_Z15) [2015-09-06 08:54:56] krtek.net : that is indeed the calendar spread [2015-09-06 08:55:03] billyboy402 : that should be to a new sub heading under volatilty not to confuse ppl [2015-09-06 08:55:40] BitMEX_Arthur : billyboy402: Good suggestion [2015-09-06 08:56:07] krtek.net : /me nods [2015-09-06 08:57:24] SnackyCoins : how is the calendar spread traded? is it the same as going long one and shorting the other? [2015-09-06 08:57:31] billyboy402 : so with Volatitity , buy = Yes you belive it will move more then that price 3.60 in that month ( time) , and sell = no you dont thing it will move more then that [2015-09-06 08:57:38] BitMEX_Arthur : SnackyCoins: Yes [2015-09-06 08:57:52] BitMEX_Arthur : We are not emphasising calendar spreads atm because we need to display them better in the ui [2015-09-06 08:57:56] BitMEX_Arthur : not enough traders understand [2015-09-06 08:58:02] BitMEX_Arthur : maybe too advanced for the moment [2015-09-06 08:58:20] SnackyCoins : but it has it's own liquidity pool right? and not pulled from the individual contracts? [2015-09-06 08:58:34] BitMEX_Arthur : SnackyCoins: Yes that is true [2015-09-06 08:58:41] BitMEX_Arthur : but in the future we will cross polinate [2015-09-06 08:59:14] billyboy402 : what would be cool , just offer cfd ... let ppl lend out there BTC like bfx , and ppl trade and make profits in BTC [2015-09-06 08:59:30] BitMEX_Arthur : https://www.bitmex.com/app/seriesGuide/BVOL [2015-09-06 09:00:15] SnackyCoins : everyone wants to lend xD CFD not legal for americans though [2015-09-06 09:00:49] SnackyCoins : I think it got banned as part of dodd-frank [2015-09-06 09:00:59] billyboy402 : if your trading BTC would care lol . just like one broker lol [2015-09-06 09:01:18] billyboy402 : polinex added it and it was the best thing they have done [2015-09-06 09:01:20] SnackyCoins : yeah 1broker not exactly trying to stay legit [2015-09-06 09:01:37] BitMEX_Arthur : SnackyCoins: Leverage would be lower [2015-09-06 09:01:56] BitMEX_Arthur : so i don't know how popular it would be [2015-09-06 09:02:14] SnackyCoins : Yeah I understand a lending product doesn't fit well currently here, I liked the cash & carry article [2015-09-06 09:02:25] SnackyCoins : i'll be trying that when i have fiat ;) [2015-09-06 09:02:54] BitMEX_Arthur : You can do it versus other futures on other exchanges [2015-09-06 09:05:04] SnackyCoins : in fact cash & carry almost seems better because you can lock in the rate for a whole contract term [2015-09-06 09:05:18] BitMEX_Arthur : Yes that is the advantage [2015-09-06 09:05:19] BitMEX_Arthur : interest rates [2015-09-06 09:05:19] BitMEX_Arthur : Fixed vs. Floating [2015-09-06 09:05:22] SnackyCoins : instead of having your funds go unlent for any length of time [2015-09-06 12:34:53] krach : Where do I find my api key [2015-09-06 12:44:25] BitMEX_Arthur : krach: You need to run a python script I can give you the link [2015-09-06 12:46:23] BitMEX_Arthur : https://github.com/BitMEX/market-maker/blob/master/market_maker/auth/APIKeyAuth.py [2015-09-06 12:50:50] krtek.net : https://github.com/BitMEX/market-maker/blob/master/util/generate-api-key.py [2015-09-06 12:50:52] krtek.net : this one. [2015-09-06 12:51:02] krtek.net : that one is just a module. [2015-09-06 14:36:00] Ryanavenue : I can't seem to cancel orders on mobile [2015-09-06 14:36:31] Ryanavenue : I press cancel and nothing happens [2015-09-06 14:36:51] Ryanavenue : just cancel box moves [2015-09-06 14:36:57] BitMEX_Arthur : Can you try refreshing the browser please [2015-09-06 14:37:44] Ryanavenue : Nothing - iOS [2015-09-06 14:38:03] Ryanavenue : same with menu box doesn't detect when you select [2015-09-06 14:38:33] Ryanavenue : ui needs to be fixed, old one worked better, some bugs need to be sorted [2015-09-06 14:38:52] BitMEX_Arthur : Ryanavenue: We are checking the logs now to see what may be the issue [2015-09-06 14:39:00] Ryanavenue : however cancel button not working is kinda serious [2015-09-06 14:39:20] Ryanavenue : Not detect - [2015-09-06 14:39:31] BitMEX_Arthur : Can you try logging out and back in again [2015-09-06 14:39:35] Ryanavenue : detract ok thank you [2015-09-06 14:41:20] Ryanavenue : Nothing still doesn't cancel [2015-09-06 14:41:55] Ryanavenue : I have four active orders I can't cancel via mobile [2015-09-06 14:44:38] BitMEX_Arthur : Ryanavenue: We are trying to replicate this error right now [2015-09-06 14:46:30] Ryanavenue : And during a margin call, do you liquidate at the liquidation price or the market price? [2015-09-06 14:46:52] BitMEX_Arthur : Ryanavenue: Depends what contract are you trading? [2015-09-06 14:47:09] Ryanavenue : Login into my account on an iPhone and try canceling my orders [2015-09-06 14:47:45] Ryanavenue : Let's say xbtus [2015-09-06 14:48:13] BitMEX_Arthur : For the XBT series we take over your position at the liquidation price [2015-09-06 14:48:39] Ryanavenue : That's bullshit [2015-09-06 14:49:18] BitMEX_Arthur : What part of that is incorrect practice in your mind? [2015-09-06 14:49:30] Ryanavenue : You guys took a lot of my money doing that while your UI was changed and f%*# u [2015-09-06 14:49:32] Ryanavenue : up [2015-09-06 14:49:59] Ryanavenue : Over last couple months [2015-09-06 14:50:25] Ryanavenue : Just now I can't even cancel my orders [2015-09-06 14:50:32] BitMEX_Arthur : If you have something specific that you want to address please send us a detailed account of your problem to support@bitmex.com [2015-09-06 14:50:57] Ryanavenue : Why not liquidate at market price? [2015-09-06 14:51:52] BitMEX_Arthur : For XBT series contracts, if the mark price becomes equal to your liquidation price, we take over your position we have stated that very clearly in the contract documentation [2015-09-06 14:52:06] BitMEX_Arthur : https://www.bitmex.com/app/dynamicProfitEqualisation [2015-09-06 14:52:27] BitMEX_Arthur : Please refer to the section Fair Price Marking we go through an example in detail [2015-09-06 15:00:00] BitMEX_Wally : Ryanavenue: We have replicated the cancel button issue on iOS and are working on a fix [2015-09-06 15:14:25] BitMEX_Wally : Ryanavenue: In the mean time, I have canceled your open orders for you [2015-09-06 18:37:46] krach : what exchanges are used for the twap on the futures? [2015-09-06 18:59:56] j8 : krach: tradeblock XBX index, take a look here https://tradeblock.com/markets/index [2015-09-07 00:51:32] zanza : liquidation price is equal to market price, right? [2015-09-07 00:52:11] zanza : Electric Zoo live http://www.twitch.tv/beatport [2015-09-07 00:54:07] BitMEX_Arthur : You get margin called when liquidation price equals the mark price [2015-09-07 00:54:32] BitMEX_Arthur : The liquidation price is based on the leverage and how much Bitcoin you have on deposit [2015-09-07 00:56:10] zanza : makes sense [2015-09-07 03:32:49] zanza : SnP green [2015-09-07 03:33:20] zanza : @bitmex you guys should make a poll on /r/bitcoinmarkets about which contacts to add next =] [2015-09-07 05:54:02] zanza : here comes the dro [2015-09-07 09:06:14] BitMEX_Arthur : Who is alive out there [2015-09-07 12:34:51] vbmithr : Sam: for clOrdID, I can use any string I want right ? [2015-09-07 12:35:07] vbmithr : options [2015-09-07 12:35:11] vbmithr : vanilla options! :) [2015-09-07 12:58:35] STRML : vbmithr: Yes, any string with len <= 36. [2015-09-07 12:59:01] STRML : See the notes on POST /order. [2015-09-07 13:00:15] vbmithr : I'm asking because you suggested a scheme for forging clorids [2015-09-07 13:00:25] vbmithr : I wanted to be sure there was nothing mandatory [2015-09-07 13:01:03] STRML : Nope, totally freeform. But they must be globally unique [2015-09-07 13:01:20] vbmithr : yep, I can imagine this. [2015-09-08 01:05:42] krtek.net : STRML: Do you remember the issue I reported in AlphaPoint about 10 days ago? I pinged them yesterday since I've received no answer and today I got a reply asking me if the issue is possible over SSL... [2015-09-08 01:06:02] STRML : krtek.net: Sounds like they don't understand it [2015-09-08 01:06:21] krtek.net : (of course I explained even with examples in the initial notification that it is indeed valid over ssl) : [2015-09-08 01:06:26] krtek.net : :) [2015-09-08 01:07:03] krtek.net : well... i'm telling them repeatably, that if they don't negotiate otherwise I will publish on 16th this month :) [2015-09-08 01:08:07] STRML : krtek.net: So long as you make it clear to them, I think the ball is certainly in their court [2015-09-08 01:09:18] krtek.net : yep, I;ve been very careful with my english even :) [2015-09-08 01:11:36] krtek.net : i've mentioned even the Lenovo's SuperFish scandal in the inital report... so that question about SSL really disappointed me. [2015-09-08 01:15:03] STRML : Yes. However to a large degree in my opinion it is easy to view as a fringe issue. Happy to talk more in IRC. [2015-09-08 03:59:01] krtek.net : contango all over the place at 'chipper [2015-09-08 03:59:32] krtek.net : let's see if we can touch two sixty today :) [2015-09-08 04:14:12] j8 : i bet we'll hit 250 first [2015-09-08 04:24:16] zanza : ill take you up on that [2015-09-08 04:24:56] j8 : really [2015-09-08 04:26:13] j8 : have you heard of the Intermediate Value Theorem? [2015-09-08 04:35:18] krtek.net : well... we could touch the 250 by closing the gap from the upside and actually hitting 260 first :D [2015-09-08 04:39:42] j8 : i suppose we could hit 260 BTC per USD... [2015-09-08 04:40:40] j8 : if bitcoin goes negative i'll eat my hat [2015-09-08 05:51:41] BitMEX_Arthur : Yeehaw boys [2015-09-08 05:56:38] j8 : this week is gonna be interesting [2015-09-08 05:56:54] BitMEX_Arthur : j8: We shall see how SPX opens today [2015-09-08 05:59:48] lolcookie : a steady climb to 260 would be nice, bitcoin might do a roller coaster on the way though [2015-09-08 06:00:20] BitMEX_Arthur : That's the only way [2015-09-08 09:06:24] lolcookie : xbth16 being left for dead [2015-09-08 09:20:03] BitMEX_Arthur : lolcookie: How do you mean? [2015-09-08 09:21:46] lolcookie : fair value has been above the asks for a while [2015-09-08 09:22:08] cengel : how is the effort to bring Chinese friends over here going [2015-09-08 09:22:12] lolcookie : BitMEX_Arthur: do you have volume avialable in the socket api [2015-09-08 09:22:31] BitMEX_Arthur : cengel: On going [2015-09-08 09:23:18] BitMEX_Arthur : lolcookie: I'm not the API expert, if you can't find it in the docs, Sam can help you on that when he logs on later in the US morning [2015-09-08 09:23:34] lolcookie : yeah no worries [2015-09-08 09:26:29] cengel : @lolcookie, they have totalvolume, volume, turnover, totalturnover... [2015-09-08 09:29:07] Myros : Order could not be submitted: Total margin requirement of 0.0001 XBT is more than your available funds of 0.0001 XBT. [2015-09-08 09:29:10] Myros : WTF [2015-09-08 09:29:54] BitMEX_Arthur : Myros: In the options button can you select milli-Bitcoin [2015-09-08 09:30:01] BitMEX_Arthur : if you have Bitcoin selected we only show out to 4 decimal places of percision [2015-09-08 09:30:08] BitMEX_Arthur : then you will see the difference in the amounts [2015-09-08 09:33:27] cengel : Arthur, i forget if i asked way back in start but have you guys looked into Metatrader integration? [2015-09-08 09:33:55] Myros : Order could not be submitted: Total margin requirement of 0.100 mXBT is more than your available funds of 0.100 mXBT. [2015-09-08 09:34:19] Myros : xD [2015-09-08 09:34:31] Myros : Thanks for help ^^ [2015-09-08 09:34:45] Myros : i have to change to satoschi [2015-09-08 09:34:52] Myros : Total margin requirement of 10041 XBt is more than your available funds of 10000 XBt. [2015-09-08 09:35:22] BitMEX_Arthur : cengel: We have, we need a FIX engine, it is on the long dev list [2015-09-08 09:35:58] cengel : cool [2015-09-08 09:36:24] cengel : its amazing how things here have changed over the past year [2015-09-08 09:37:02] lolcookie : this is a very nice platform but unfortunately it is very hard to trade when you have so many contracts [2015-09-08 09:37:15] Myros : i dont get this game *lel* [2015-09-08 09:37:45] BitMEX_Arthur : lolcookie: If the basic view had a stripped down set of options would that be better? [2015-09-08 09:38:10] BitMEX_Arthur : and then if you wanted to see more, go the advanced mode [2015-09-08 09:38:26] BitMEX_Arthur : Myros: What don't you understand? [2015-09-08 09:39:41] Myros : i clicked buy, but i dont know where this "XBT7D" is [2015-09-08 09:40:08] BitMEX_Arthur : Myros: Is that the contract you would like to trade? Also what view are you on "Basic" or "Advanced" [2015-09-08 09:40:08] lolcookie : its more of a liquidity issue [2015-09-08 09:40:53] Myros : i think Basic, i dont clicked Advanced [2015-09-08 09:41:29] BitMEX_Arthur : XBT7D will be the expiry named "11 Sep 2015 (Every Friday)" [2015-09-08 09:41:41] BitMEX_Arthur : where you see the dates, all the way to the left [2015-09-08 09:42:18] Myros : what happens at 11. sept? [2015-09-08 09:42:23] BitMEX_Arthur : It expires [2015-09-08 09:42:43] Myros : ok [2015-09-08 09:42:59] Myros : and then? [2015-09-08 09:43:01] BitMEX_Arthur : The "7D" refers to the expiry, aka every 7 days [2015-09-08 09:43:04] Myros : is it worthless? [2015-09-08 09:43:23] BitMEX_Arthur : If you were long 1 contract, after it expires, you receive the profit or loss from the difference of where you bought and the settlement price [2015-09-08 09:43:29] BitMEX_Arthur : and then you no longer have any exposure [2015-09-08 09:43:55] Myros : hm ok [2015-09-08 09:44:18] Myros : do i have a XBT7D or is it still a order? [2015-09-08 09:44:52] BitMEX_Arthur : Look below on the tab that says Open Positions it will show what contracts you have a position in [2015-09-08 09:45:09] BitMEX_Arthur : if you have an open order look at the Orders tab [2015-09-08 09:45:31] Myros : i have 1 Positions and 1 Active Order [2015-09-08 09:45:35] Myros : now i get it ^^ [2015-09-08 09:46:16] Myros : thanks [2015-09-08 09:46:29] BitMEX_Arthur : No worries, please ask any questions you have [2015-09-08 09:46:33] BitMEX_Arthur : It helps other users as well [2015-09-08 09:53:21] Myros : Where is the FAQ [2015-09-08 09:53:35] BitMEX_Arthur : https://www.bitmex.com/app/faq [2015-09-08 09:53:39] Myros : thxy [2015-09-08 11:00:29] ContourTrade : where is volume for contracts located? [2015-09-08 11:09:41] DunningKruger : At the bottom of the chart. Or in the Recent Trades widget of course. [2015-09-08 11:13:19] ContourTrade : Where is the contracts 24 hour holding volume? [2015-09-08 11:15:42] BitMEX_Arthur : If you click on the contract symbol it will display a page with more info [2015-09-08 11:20:40] ContourTrade : ty [2015-09-08 12:24:43] ssa3512 : BitMEX_Arthur: withdrawals posting soon? [2015-09-08 12:25:11] ssa3512 : Did Sam oversleep? [2015-09-08 12:55:34] BitMEX_Sam : ssa3512: They've gone out [2015-09-08 14:12:18] Juba : if my position has moved 6% and I use 25x leverage shouldn't the PL be up 150% ? [2015-09-08 14:14:11] BitMEX_Sam : Juba: Your PNL should be 6% of the position value, and 150% of the maint margin [2015-09-08 14:16:52] Juba : hmm so the maint. margin needs to refill in order for me to gain any more value to my position? [2015-09-08 14:17:15] BitMEX_Sam : The maint margin is how much you actually paid to open the position. [2015-09-08 14:17:22] BitMEX_Sam : It doesn't have to "refill" in a profitable position [2015-09-08 14:17:48] Juba : so the 150% is only from the maint margin [2015-09-08 14:18:08] Juba : that sucks [2015-09-08 14:18:09] Juba : haha [2015-09-08 14:19:03] BitMEX_Sam : That's how leverage works - you made 150% on what you spent to open the position [2015-09-08 14:19:11] BitMEX_Sam : Not on the total position value, otherwise you would have made thousands of percent [2015-09-08 14:21:29] Juba : XBU counts the whole position ? [2015-09-08 14:22:17] BitMEX_Sam : Not sure what you mean - can you rephrase [2015-09-08 14:24:30] Juba : if open a 0.1btc order It rises 6% with a 25% leverage my maint margin is 0.0030 so I gain 150% of that. and 6% from the 0.1 ? [2015-09-08 14:24:40] Juba : 25x* [2015-09-08 14:25:22] Juba : and if I hedge (XBU) it calculates how? [2015-09-08 14:28:13] BitMEX_Sam : Yes. On XBT a 6% rise is a 6% rise in the Bitcoin value of your position [2015-09-08 14:28:22] BitMEX_Sam : On XBU, a 6% rise is a 6% rise in the USD value of your position [2015-09-08 14:28:49] BitMEX_Sam : See also https://blog.bitmex.com/xbt-vs-xbu-chain/ [2015-09-08 14:38:35] Juba : i was expecting it to work the same as the leverage at ok coin [2015-09-08 14:41:07] BitMEX_Sam : It does [2015-09-08 14:41:31] Juba : xbt? [2015-09-08 14:42:51] BitMEX_Sam : XBT is similar but PNL is as a percentage of the total Bitcoin amount [2015-09-08 14:46:52] Juba : its not similar tho, if I exited my position now I should be up 150% of my total amount 0.1 [2015-09-08 14:47:29] BitMEX_Sam : What's your position value and pnl - feel free to email me at sam@bitmex.com if you don't want to discuss in chat [2015-09-08 14:50:11] BitMEX_Sam : Actually I've looked up your stats, pnl looks as expected as a ratio to your maint margin (which is how much you paid for it) [2015-09-08 14:52:41] Juba : ok, hmm so do I up that [2015-09-08 14:52:49] BitMEX_Sam : Open a larger position [2015-09-08 14:53:05] BitMEX_Sam : You make more with more risk - your position is relatively small. [2015-09-08 14:54:35] Juba : ok, I gtg. thx so far. Ill try more my serlf [2015-09-08 14:54:57] Juba : Ill figuere it out :P [2015-09-08 14:55:10] Juba : cya [2015-09-08 15:17:16] zanza : snp500 up a bit [2015-09-08 16:51:10] DunningKruger : Double top [2015-09-08 20:47:17] j8 : i'm getting logged out excessively today, has something changed? [2015-09-08 20:48:00] BitMEX_Sam : I've noticed it too, looking into it [2015-09-08 20:48:41] j8 : cool [2015-09-08 21:02:40] cengel : yea session expire so fast [2015-09-08 21:33:22] cengel : how can i extend session [2015-09-08 21:36:34] BitMEX_Sam : There was a bug introduced in the last release, I am pushing a fix out very shortly [2015-09-08 21:44:18] BitMEX_Sam : Okay, fix is in. Thanks for the report. [2015-09-09 00:59:29] muirtastic : Where do I look to see my trade history, including commissions? [2015-09-09 00:59:46] BitMEX_Arthur : https://www.bitmex.com/app/tradeHistory [2015-09-09 01:00:25] muirtastic : ok thanks...isn't there a commission for some positions per day just for holding them? Is this on the same page? [2015-09-09 01:00:49] BitMEX_Arthur : There used to be but we simplified the fee structure [2015-09-09 01:01:04] BitMEX_Arthur : https://www.bitmex.com/app/fees [2015-09-09 01:01:50] muirtastic : Ok great. i'm really hoping this site gets more volume and is even better. Hoping some of the USA Okcoin rejects come here. I like it so far. [2015-09-09 01:02:35] muirtastic : ok didn't mean to mention the competition but you know what I meant [2015-09-09 01:02:58] BitMEX_Arthur : Spread the word on social media, use your affiliate link to get credit for people who sign up due to your efforts [2015-09-09 01:03:18] muirtastic : Yes I just told a friend about the site and will try to get him to sign up [2015-09-09 04:28:24] lolcookie : lol is OKcoin filtered [2015-09-09 04:28:27] lolcookie : haha [2015-09-09 04:59:18] BitMEX_Arthur : lolcookie: Yep [2015-09-09 05:48:05] cloud : Wood chipper is chipping only China and European etc investors now. Lol. [2015-09-09 06:43:59] zanza : asnp500 1940 :o [2015-09-09 06:44:14] zanza : 1984* [2015-09-09 07:00:23] priceaction : important message: don't forget your daily fiat fear mongering routine among your friend and family:) [2015-09-09 07:00:51] BitMEX_Arthur : priceaction: LOL [2015-09-09 07:01:24] Ppw22 : hello [2015-09-09 07:01:34] zanza : hey @Ppw22 [2015-09-09 07:01:36] BitMEX_Arthur : Ppw22: Omg a FEMALE [2015-09-09 07:01:38] priceaction : my goal is 10.000 wallets adoption next year [2015-09-09 07:01:53] Ppw22 : 你好 [2015-09-09 07:01:57] Ppw22 : 我是女 [2015-09-09 07:02:03] zanza : incoming DDOS [2015-09-09 07:02:16] BitMEX_Arthur : What exchange? [2015-09-09 07:02:26] zanza : trollbox :ddos=] [2015-09-09 07:02:29] zanza : from ppw [2015-09-09 07:02:43] priceaction : 下午好。好像你不是中国人。 [2015-09-09 07:02:51] zanza : thats korean [2015-09-09 07:03:21] priceaction : not a native chinese judging by grammar [2015-09-09 07:03:48] Ppw22 : 刚刚打错字了 [2015-09-09 07:03:53] Ppw22 : 是中国人没错 [2015-09-09 07:04:14] priceaction : 嗯嗯 [2015-09-09 07:05:11] zanza : im surprised that XBTh/Z aren't effected much by this price spike lately [2015-09-09 09:22:31] Myros : somewone german? [2015-09-09 09:31:46] BitMEX_Arthur : https://blog.bitmex.com/renminbi-vs-bitcoin-correlation/ [2015-09-09 09:35:22] chromaticcr : 中國人嗨一下~ [2015-09-09 09:49:47] DunningKruger : Nice one Arthur, I wondered about exactly the same thing. [2015-09-09 09:50:21] BitMEX_Arthur : I think it will take a bit for Chinese investors to start freaking out and dumping CNY and buying other risk assets [2015-09-09 09:50:42] DunningKruger : Yes indeed [2015-09-09 09:53:25] DunningKruger : Myros: ich kann Deutsch [2015-09-09 09:56:44] gustavo7 : ich auch [2015-09-09 10:04:28] Myros : super [2015-09-09 10:04:34] Myros : wie wird der kurs bestimmt? [2015-09-09 10:04:49] Myros : Ich meine bei jedem verkauf hat es ja auch einen kauf [2015-09-09 10:04:59] Myros : waum verändert sich trotzdem der kurs= [2015-09-09 10:05:33] DunningKruger : Fuer welches Instrument zb? [2015-09-09 10:05:34] chromaticcr : For china, imho, the herd mentality is quite strong for them. Wait and see when Dama will come back to Bitcoin and gold again [2015-09-09 10:06:45] DunningKruger : (Ich versuche auf Deutsch) der Kurs stimmt aus entweded Bitstamp oder Tradeblock letze 2 Stunden [2015-09-09 10:08:31] chromaticcr : BitMEX_Arthur: For an international trading site, i guess we will soon, have an international language distinguished chatroom [2015-09-09 10:20:04] j8 : 1500 btc bid on finex.. this is getting interesting [2015-09-09 10:20:23] BitMEX_Arthur : China says NEINE [2015-09-09 10:23:39] j8 : a surprising amount of resistance going down. [2015-09-09 10:24:14] j8 : although the volume on bitstamp doesn't look natural to me [2015-09-09 10:25:22] BitMEX_Arthur : See if China can hold 1530 CNY [2015-09-09 10:53:52] priceaction : we are at 1525 already [2015-09-09 10:54:16] BitMEX_Arthur : A very controlled decent [2015-09-09 10:54:29] BitMEX_Arthur : I think $235 can hold, if it gets down that far [2015-09-09 10:55:19] priceaction : 231 is the support looks like a good entry [2015-09-09 10:55:58] priceaction : for all foma's [2015-09-09 11:00:01] gustavo7 : how is everyone about $235? I think break $238 go $233... [2015-09-09 11:00:54] priceaction : okcoin is down to 1510 so 236 usd [2015-09-09 11:01:37] DunningKruger : I think 228 will be tested [2015-09-09 11:03:54] DunningKruger : Solely on the basis of if being a more recent resistance than 235. Also it's a minor Fibonacci retrace from the low to the high. [2015-09-09 11:30:39] BitMEX_Arthur : Sideways time [2015-09-09 12:33:34] zanza : might take a short out on SnP if the rally continues another day [2015-09-09 12:36:41] BitMEX_Arthur : Nikkei was on fire today [2015-09-09 12:36:46] BitMEX_Arthur : 7% whoosh [2015-09-09 14:01:56] DunningKruger : 26K bid on XBTU15 @ 244. Closest thing to a wall I've seen here so far. [2015-09-09 14:03:58] BitMEX_Sam : http://cryto.net/~joepie91/lol/its-happening.gif [2015-09-09 14:28:52] DunningKruger : And shifted down to 243, right direction :) [2015-09-09 14:30:51] BitMEX_Wally : DunningKruger: 26000 contracts of XBTU15 is worth 60 XBT but only 2.5 XBT of margin required, whereas on XBUU15 there are 238 contracts on the bid worth 100 XBT which requires 30 XBT of margin [2015-09-09 14:34:53] DunningKruger : Yeah sure, it's just the largest order I've seen on that instrument yet. At least anywhere near the mark price :) [2015-09-09 14:35:25] DunningKruger : Then again I've only been here a week or so. [2015-09-09 14:50:26] Myros : why didnt expire my contract? [2015-09-09 14:50:55] Myros : XBT7D [2015-09-09 14:57:36] BitMEX_Sam : Myros: It expires on Friday [2015-09-09 15:03:46] vbmithr : Sam: here ? [2015-09-09 15:40:47] TInvest : xbt7d quite active at the moment [2015-09-09 15:41:14] TInvest : all sorts of muscling for position, very few trades [2015-09-09 16:28:02] BitMEX_Sam : If any of you are interested, we've set up a Tor hidden service that goes to BitMEX [2015-09-09 16:28:04] BitMEX_Sam : http://bitmex4t4fsbdufo.onion/ [2015-09-09 16:28:16] BitMEX_Sam : port `3080` goes to Testnet [2015-09-09 16:28:57] BitMEX_Sam : We'll do an announcement on the blog and add the links to the site soon. [2015-09-09 16:29:20] loke : Nice! [2015-09-09 16:29:24] loke : Thanks! [2015-09-09 16:30:16] BitMEX_Sam : If any of you try it, please let me know how it goes. [2015-09-09 16:32:18] DunningKruger : Nice [2015-09-09 16:39:51] ContourTrade : can i convert XBT to ETH on this site? [2015-09-09 16:39:58] BitMEX_Arthur : ContourTrade: No [2015-09-09 16:40:09] ContourTrade : shapeshift.io then? [2015-09-09 16:40:15] BitMEX_Arthur : you can trade leveraged ETHXBT and make money if ETH goes up or down in value [2015-09-09 16:40:29] ContourTrade : yes of course [2015-09-09 16:43:35] DunningKruger : BitMEX_Sam: .onion site working fine for me, charts etc., very smooth. Haven't deposited though. [2015-09-09 16:43:45] BitMEX_Sam : Great. [2015-09-09 16:43:56] BitMEX_Sam : Direct access to hidden services is generally pretty quick through Tor, as opposed to going out to clearnet [2015-09-09 16:44:12] DunningKruger : Yeah [2015-09-09 16:45:37] BitMEX_Sam : It helps a lot that we don't run any external requests - so nothing to worry about in terms of data leakage. [2015-09-09 16:48:22] ContourTrade : if i want to send ether to my account here would i use multisig bitcoin address? [2015-09-09 16:48:58] BitMEX_Sam : ContourTrade: No, we only accept Bitcoin [2015-09-09 16:49:16] BitMEX_Sam : If you manage to get a non-Bitcoin wallet to accept that address, you'll lose your coins. [2015-09-09 16:49:27] ContourTrade : then how are you suppose to trade ETH on here? [2015-09-09 16:49:36] DunningKruger : Hehe [2015-09-09 16:49:42] BitMEX_Sam : ContourTrade: You trade ETH using Bitcoin - you don't have to actually have the asset to trade it by proxy [2015-09-09 16:49:48] BitMEX_Sam : You're trading the value of the asset, not the asset itself [2015-09-09 16:49:59] ContourTrade : o0 [2015-09-09 16:50:01] BitMEX_Sam : Much like trading volatility [2015-09-09 16:50:09] ContourTrade : i see [2015-09-09 17:09:33] ContourTrade : is this site built with react.js? [2015-09-09 17:17:42] ContourTrade : great looking site btw sam [2015-09-09 17:49:17] kurodatsubasa : I wish there was more volume on bitmex [2015-09-09 17:58:10] BitMEX_Sam : ContourTrade: Thanks, yes, it's built with React [2015-09-09 17:58:19] BitMEX_Sam : If you install the React DevTools you can see a lot of its inner workings [2015-09-09 19:46:16] j8 : a .onion site, badass [2015-09-09 19:47:12] BitMEX_Sam : Yep. Now documented: https://www.bitmex.com/app/tor [2015-09-09 20:48:45] BitMEX_Sam : Looks like Chain just got $30M [2015-09-09 20:48:50] BitMEX_Sam : Nice to see some investment returning to Bitcoin [2015-09-09 21:32:39] attilathehun : so now you have an onion, have you thought of marketing your exchange to vendors on dark net markets ? they regularly complain about price drops while their btc is stuck in escrow [2015-09-09 21:34:55] BitMEX_Sam : attilathehun: We're focusing on other demographics right now, but yes, XBU is a good way to hedge any Bitcoin stuck in escrow. We've seen traders use it to hedge arb and hedge business liabilities too, like paying contractors/employees [2015-09-10 01:09:42] krtek.net : I luv you guys :) [2015-09-10 02:26:05] jillhomebrew619 : where can i find my referral link [2015-09-10 02:26:11] jillhomebrew619 : i've got shilling to do [2015-09-10 02:26:19] jillhomebrew619 : also can i change my naem [2015-09-10 02:27:20] j8 : Account -> Affiliate Status [2015-09-10 02:31:28] jillhomebrew619 : found it thanks. how to change name [2015-09-10 02:32:30] j8 : that i'm not sure about. [2015-09-10 02:48:38] jillhomebrew619 : how many confirms do u have to wait? [2015-09-10 02:48:46] jillhomebrew619 : taking 4ever [2015-09-10 02:48:53] j8 : just 1 [2015-09-10 02:49:05] jillhomebrew619 : fcking bitcoin [2015-09-10 02:54:23] jillhomebrew619 : how do i turn on the max leverage [2015-09-10 02:54:28] jillhomebrew619 : or does it auto go to 25x [2015-09-10 03:01:54] j8 : it is automatic, but you might want to turn on Isolate Margin next to the position [2015-09-10 04:41:21] cengel : did they add isolate specified margin [2015-09-10 04:42:00] j8 : not yet [2015-09-10 05:15:27] germanjew : when is the march 2016 contract for XBU coming? [2015-09-10 05:33:06] cengel : i asked Wally he said they're focusing on XBT [2015-09-10 05:33:39] BitMEX_Arthur : Not for a while we are concentrating liquidity on XBT [2015-09-10 07:45:38] germanjew : Thanks [2015-09-10 08:19:54] zanza : does "concentrating on liquidity" mean a market maker? [2015-09-10 08:20:13] zanza : some guy in Reddit is asking for a MM, im not sure how great idea that is [2015-09-10 08:36:45] BitMEX_Arthur : It means we focus traders on fewer contracts to increase liquidity [2015-09-10 09:24:38] DunningKruger : zanza: yeah his idea was to seed a load of small orders. I'm sure it will improve. XBTU15 clearly has the best liquidity at the moment. [2015-09-10 09:38:22] VanCleef : what about offering swaps like bitfinex? [2015-09-10 09:39:00] BitMEX_Arthur : There are significant legal reasons why I think that BFX swap market will not be viable long term [2015-09-10 09:39:18] BitMEX_Arthur : And more importantly we don't operate a spot market [2015-09-10 09:39:35] BitMEX_Arthur : Do you want to lend USD or XBT? [2015-09-10 09:46:42] zanza : would there be legal problems, if you added something like spx500? [2015-09-10 09:47:54] germanjew : what would those legal reasons be? [2015-09-10 09:49:32] zanza : idk if like SEC would get involved? [2015-09-10 09:50:04] zanza : since they are only running crypto's currently, maybe regulators do not care about that. However they would care about SPX or commodities [2015-09-10 09:53:19] BitMEX_Arthur : They are allowing p2p USD borrowing and lending, they will get a cease and desist [2015-09-10 09:53:50] BitMEX_Arthur : Just like lending club did the good thing is their bank is in taiwan [2015-09-10 09:54:03] zanza : ahh [2015-09-10 09:54:16] zanza : speaking of Taiwan, paypal (temporarily) shut down there [2015-09-10 09:54:17] BitMEX_Arthur : Problem is that their CEO lives in NYC [2015-09-10 14:17:12] VanCleef : so what steps is bitmex taking to pump more liqudity into it? I think that's the only thing that's really stopping people from moving to mex [2015-09-10 14:19:04] BitMEX_Arthur : VanCleef: We are working with some additional market makers [2015-09-10 14:19:08] BitMEX_Arthur : helping them get connectivity [2015-09-10 14:20:17] VanCleef : cool how long do you think roughly it will take to see liqudity really improve on mex, 1 or 2 months? [2015-09-10 14:25:11] BitMEX_Arthur : Hopefully sooner but be rest assured its our top priority [2015-09-10 14:25:33] blocklud : https://twitter.com/flibbr/status/641979867823742976 [2015-09-10 14:56:49] zanza : https://bitcointalk.org/index.php?topic=1175321.160 [2015-09-10 14:57:03] zanza : liquidity will slowly build [2015-09-10 14:57:11] zanza : I see no reason to artifically rush it [2015-09-10 15:00:26] zanza : also, if someone with a very big stack wanted to, they could play their own type of MM [2015-09-10 15:00:54] zanza : just on their own [2015-09-10 16:20:04] kurodatsubasa : Is the bitcoin address for deposit fixed or does it change? [2015-09-10 16:20:57] STRML : kurodatsubasa: Fixed [2015-09-10 17:33:32] gustavo7 : dat formation on stamp [2015-09-10 17:39:44] joequant : the legal problem with offering swaps is not so much the SEC but the banking regulators [2015-09-10 17:39:53] joequant : which in some sense are worse. [2015-09-10 17:41:39] joequant : or better. In any case different. [2015-09-10 17:42:38] joequant : FYI. I'm working on the python API to bitmex. I've uploaded my stuff to joequant/cryptoexchange [2015-09-10 17:43:14] joequant : I'm hoping to get a live algo trade on bitmex in the next few days. [2015-09-10 17:43:56] BitMEX_Sam : joequant: Looking forward to it [2015-09-10 17:44:31] joequant : The strategy I'm trying to implement pretty basic. Put in market making orders by hand, if spot moves, cancel those orders and send me a text message. [2015-09-10 17:45:20] BitMEX_Sam : Sure. You've used/looked at our Python reference bot right? [2015-09-10 17:45:43] joequant : yes [2015-09-10 17:46:01] joequant : I took the reference bot and I'm massively refactoring it. [2015-09-10 17:46:11] joequant : Also doing things like converting to python3 [2015-09-10 17:46:29] BitMEX_Sam : Sure. [2015-09-10 17:46:42] BitMEX_Sam : Yeah the code is a bit messy. Some features went in and out, but it's not that bad [2015-09-10 17:46:52] BitMEX_Sam : But it would need a refactor for other strategies [2015-09-10 17:47:13] joequant : The features are all there. But I want to split up input and output. [2015-09-10 17:47:32] joequant : Also the bot is good because I can get it to run hello world. [2015-09-10 17:47:47] joequant : Make changes, and see if hello world still runs. [2015-09-10 17:49:30] BitMEX_Sam : Yeah, that sounds good. [2015-09-10 18:14:33] cowtung : http://i.imgur.com/zco1zxJ.png [2015-09-10 18:15:03] cowtung : So I turned 2 xbt into 400 on the testnet and you just take 100 from me? [2015-09-10 18:16:57] cowtung : is that my reward for providing some liquidity to the market? [2015-09-10 18:19:51] j8 : cowtung: did you make some of it last week, or on the daily markets maybe? [2015-09-10 18:24:05] cowtung : weekly markets [2015-09-10 18:24:16] cowtung : just posting floors and ceilings on the testnet [2015-09-10 18:24:32] cowtung : nothing that would actually work in the real market [2015-09-10 18:25:34] j8 : 100 must be your profit from this week then... [2015-09-10 18:26:20] cowtung : 100 is too round of a number. I think they just lopped 100 off my testnet account. I'm just curious about why. [2015-09-10 18:26:47] BitMEX_Sam : cowtung: You made 99% of that money from a dumb bot we have running on the testnet used for simulating trades [2015-09-10 18:26:57] cowtung : lol [2015-09-10 18:26:58] BitMEX_Sam : The strategy would never work on a real market because no bot holding real money would be that dumb [2015-09-10 18:27:16] BitMEX_Sam : The bot ran out of money because you took it all - so we transferred some of it back to keep it running. [2015-09-10 18:27:23] cowtung : So you took my profits from the dumb bot and fed them back to the bot? [2015-09-10 18:27:28] BitMEX_Sam : Yes [2015-09-10 18:27:29] cowtung : lol [2015-09-10 18:27:34] BitMEX_Sam : The point is to keep trades moving [2015-09-10 18:27:50] cowtung : that's fine. I thought it was funny how dumb that bot was [2015-09-10 18:27:55] BitMEX_Sam : You'll likely make the money right back... then we'll probably move it again. [2015-09-10 18:27:56] BitMEX_Sam : Yeah [2015-09-10 18:28:00] cowtung : you might put some kind of limit on it [2015-09-10 18:28:03] BitMEX_Sam : The point is for testnet to have a continually moving trade feed [2015-09-10 18:28:12] BitMEX_Sam : So it just smacks the bid & ask all day long [2015-09-10 18:28:56] BitMEX_Sam : Technically we can't actually fabricate balances out of thin air because the total system balance has to be based on Bitcoin in real addresses that we control [2015-09-10 18:29:05] BitMEX_Sam : Otherwise we would just give it a huge fake balance [2015-09-10 18:29:45] cowtung : I should withdraw before you raid my account. heh [2015-09-10 18:30:13] BitMEX_Sam : Testnet Bitcoin isn't worth anything anyway [2015-09-10 18:30:15] j8 : or, play with real money! [2015-09-10 18:30:22] BitMEX_Sam : j8 has the right idea :) [2015-09-10 18:30:38] cowtung : i would, but there's no retard bot on the real market [2015-09-10 18:30:46] cowtung : with deep pockets [2015-09-10 18:30:57] j8 : still a better use of your time [2015-09-10 18:31:05] j8 : than accumulating "points" [2015-09-10 18:31:18] BitMEX_Sam : Hey, everyone on the internet loves to accumulate magic internet points. [2015-09-10 18:31:19] cowtung : it's all fun and games until I can't make rent [2015-09-10 18:31:27] BitMEX_Sam : If they didn't, there'd be no reddit [2015-09-10 18:31:54] cowtung : I really hope you guys get more volume [2015-09-10 18:32:45] BitMEX_Sam : Working on it around the clock [2015-09-10 18:33:01] cowtung : I know it's a chicken and egg thing, but I can't justify moving much over to bitmex unless I can dump 100btc without slipping $5 [2015-09-10 18:33:17] BitMEX_Sam : Yep, we understand that [2015-09-10 19:02:26] zanza : this coinwallet stuff is hilarious [2015-09-10 19:04:26] BitMEX_Sam : They were claiming at one point that their service could automatically enter wallet holders into swaps to earn interest, [2015-09-10 19:04:33] BitMEX_Sam : saying that they used swaps at Bitfinex and BitMEX [2015-09-10 19:04:43] BitMEX_Sam : Clearly, they were just grasping for names [2015-09-10 19:35:08] cowtung : how do I take a private btc address and transfer the coin out of it? [2015-09-10 19:39:06] BitMEX_Sam : You're looking at the coinwallet keys, right? [2015-09-10 19:39:16] cowtung : yeah [2015-09-10 19:39:23] BitMEX_Sam : I doubt you'd get to it first before the people with bots do, but those coins are basically worthless [2015-09-10 19:39:30] BitMEX_Sam : Costs too much in fees to send them anywhere [2015-09-10 19:39:33] cowtung : I'm sure someone has a script that will do it faster than I ever could. but I'm just curious [2015-09-10 19:39:47] BitMEX_Sam : Usually you'd just sweep them into bitcoind and make a tx to yourself [2015-09-10 19:43:26] cowtung : I just tried importing one of the private keys into my node... it's still rescanning... [2015-09-10 19:43:34] cowtung : i've never imported a private key [2015-09-10 19:45:53] cowtung : i think it broke my node [2015-09-10 20:11:08] gustavo7 : why u all "importing"? [2015-09-10 20:11:17] gustavo7 : just make a tx and sweep it [2015-09-10 20:14:53] gustavo7 : i use an api tough, got 90 pending and one from yesterday worked [2015-09-10 20:15:08] gustavo7 : got 2000 satoshis [2015-09-10 20:44:25] cowtung : i have no idea what I'm doing, obviously [2015-09-10 22:27:45] zanza : new Android Pay is releasing today