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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[2016-09-18 19:28:09] +1 : Let bygones be bygones :)
[2016-09-18 19:37:35] REKT : Liquidated long on `ETHXBT`: Sell 326 @ 0.02008
[2016-09-18 19:44:35] REKT : Liquidated long on `ETHXBT`: Sell 1005 @ 0.01982
[2016-09-18 19:44:36] REKT : Liquidated long on `ETHXBT`: Sell 340 @ 0.01983
[2016-09-18 20:00:58] Tetsuo : https://twitter.com/rfikki/status/777593959228985344
[2016-09-18 20:03:11] mjones : anyone longing cheap eth
[2016-09-18 20:06:20] arbitrage001 : cheap in what way?
[2016-09-18 20:06:38] arbitrage001 : cheaper than an hour ago? a month ago?
[2016-09-18 20:31:20] mjones : cheap as in it was heading towards 0.022 and now you can buy for 0.02
[2016-09-18 20:34:29] migz : Nah, it was all anticipation. =) Too many coins + POS = forever bear trend.
[2016-09-18 20:37:46] arbitrage001 : must be on your way to become wealthy person, since you can tell the future price
[2016-09-18 21:02:56] jung1 : hello
[2016-09-18 21:03:34] jung1 : Trollbox protip: go short on eth
[2016-09-18 21:03:35] jung1 : https://www.reddit.com/r/ethereum/comments/53dlwl/ethermine_currently_under_dos_attack/?st=it91ue0x&sh=932885b3
[2016-09-18 21:16:21] sleger : you should read a bit more
[2016-09-18 21:20:04] sleger : polo price was 0.02050 when he said that for future reference
[2016-09-18 21:31:23] jung1 : imo: go short
[2016-09-18 21:35:51] sleger : let us know when you cut your virtual short
[2016-09-18 21:36:55] jung1 : ok
[2016-09-18 21:37:17] arbitrage001 : need to clost my short position
[2016-09-18 21:37:27] arbitrage001 : next funding rate getting ridiculous
[2016-09-18 21:40:12] jordanbitfort : you have less than 4 hours to close that short, better find an exit point. this whole dip is manipulation to short squeeze during dev con
[2016-09-18 21:41:27] jung1 : you think so that its some kind of inside job?
[2016-09-18 21:46:17] arbitrage001 : dont think it is inside job, just the way market react to the rules set up here
[2016-09-18 21:47:09] arbitrage001 : opps, misread
[2016-09-18 21:47:52] jung1 : imo we will go below 02
[2016-09-18 21:48:30] arbitrage001 : jung1: already did
[2016-09-18 21:48:47] arbitrage001 : have a limit buy order at 0.1945
[2016-09-18 21:48:51] arbitrage001 : was partially filled
[2016-09-18 21:49:01] jung1 : nice
[2016-09-18 21:49:07] jung1 : well
[2016-09-18 21:49:09] jung1 : will see
[2016-09-18 22:00:20] aethlios : ethereum client dead??
[2016-09-18 22:02:04] jordanbitfort : the old Geth client is having difficulties. the new Parity client is just fine. This is great because it incentivizes a switch to newer and better tech
[2016-09-18 22:13:03] cryptobull : it's not great if you got mcalled on that dump tho
[2016-09-18 22:17:44] jordanbitfort : good thing i closed my long at .0214 yesterday haha.
[2016-09-18 22:42:12] sleger : at the exact top you must be clairvoyant
[2016-09-18 22:50:51] jordanbitfort : just saw 8 green hourly candles in a row, pretty clear time for a pull back
[2016-09-18 23:16:51] jung1 : told ya
[2016-09-18 23:21:07] REKT : Liquidated long on `ETHXBT`: Sell 24 @ 0.01990
[2016-09-18 23:22:52] sleger : jung1: so you're cutting your short now ?
[2016-09-18 23:23:33] jung1 : will wait a bit
[2016-09-18 23:23:43] jung1 : im greedy
[2016-09-18 23:36:35] REKT : Liquidated short on `ETHXBT`: Buy 268 @ 0.02011
[2016-09-18 23:38:23] jordanbitfort : RIP eth shorts. the best dev team in the world has already identified a fix for the problem
[2016-09-18 23:42:17] intergrals : Ripped
[2016-09-19 00:19:22] mjones : xmr breaking out of the beartrend
[2016-09-19 00:20:36] jordanbitfort : second giant XMR candle on no volume today, last one retraced instantly.
[2016-09-19 00:44:23] kdeath : anticipation is palpable
[2016-09-19 00:44:43] kdeath : Eth devcon2 abt 15 min away.
[2016-09-19 00:47:09] kdeath : 60+btc support at >0.02046
[2016-09-19 00:48:04] kdeath : get in while you can #fomobutnofomo
[2016-09-19 01:04:29] jordanbitfort : better close those shorts before vitalik hits the stage. the collective nerdgasm will propel eth to new heights.
[2016-09-19 01:05:02] kdeath : jordanbitfort: lol, all hail lord buterin
[2016-09-19 01:07:43] kdeath : and away we go...
[2016-09-19 01:08:16] kdeath : massive buys at 2060+ rolling in
[2016-09-19 01:33:12] kdeath : BitMEX_Sam: seeing some strange behavior in my unreaised pnl for ethbxt - ROE% decreasing as spot pice increses
[2016-09-19 01:33:26] rapidtrades : noone cares death
[2016-09-19 01:34:18] kdeath : as in bitmex support doesn't care?
[2016-09-19 01:34:42] jordanbitfort : mines working fine, i'm up to 92% ROE from 1 hour ago
[2016-09-19 01:40:04] XMRer : this place is manipulated. BTC is going down. But XBT here is going up LOL
[2016-09-19 01:41:00] habibi : where btc is going down?
[2016-09-19 01:41:04] BitMEX_Wally : kdeath: ROE (return on equity) is your unrealised PNL (%) multiplied by your current leverage. So if you adjust your leverage this number will change
[2016-09-19 01:42:55] XMRer : btc is 607 606 at most places and its 609 and going up here. lol
[2016-09-19 01:43:43] XMRer : this place is garbage. no volume just a bunch of fake bullshit and only 1 time a day withdrawal
[2016-09-19 01:43:59] BitMEX_Wally : XMRer: That does not mean there is manipulation, it just means there is more demand to go long with leverage at the moment
[2016-09-19 01:44:19] XMRer : bullshit. There is no one hear trading
[2016-09-19 01:44:23] XMRer : its manipulation
[2016-09-19 01:44:38] rapidtrades : btce is at 610 too as is most of china
[2016-09-19 01:44:42] BitMEX_Wally : I see lots of bids in the `XBTUSD` order book at 608
[2016-09-19 01:44:48] XMRer : PEOPLE BETTER BE WARN AND STAY AWAY FROM HERE!
[2016-09-19 01:44:56] rapidtrades : ur an idiot
[2016-09-19 01:45:34] habibi : XMRer: at finex its at 614
[2016-09-19 01:45:35] jose : do we really need to see what that guy says ? a mute button/ command would be nice
[2016-09-19 01:45:40] habibi : at btce 610
[2016-09-19 01:45:45] rapidtrades : habibi: noone cares where its at on buttfinex
[2016-09-19 01:45:47] habibi : stamp almost 609
[2016-09-19 01:46:09] habibi : rapidtrades: did u receive ur prize already btw?
[2016-09-19 01:46:17] rapidtrades : NO
[2016-09-19 01:46:48] habibi : k,congratz anyway, its unofficial but i guess u deserve it
[2016-09-19 01:47:41] CaptainDean : It's like the guy hating a restaurant and he keeps comming
[2016-09-19 01:50:31] rapidtrades : coming
[2016-09-19 01:50:33] rapidtrades : stupid
[2016-09-19 01:50:43] CaptainDean : yeah thanks
[2016-09-19 01:50:52] rapidtrades : jezz im in a bad mood
[2016-09-19 01:50:53] CaptainDean : coming* just for you Rapid
[2016-09-19 01:51:22] REKT : Liquidated short on `ETHXBT`: Buy 1319 @ 0.02080
[2016-09-19 01:51:23] rapidtrades : whenever i read zane's posts i fume inside
[2016-09-19 01:51:27] CaptainDean : rapidtrades: you need to start smoking weed, it'll calm down you
[2016-09-19 01:52:36] rapidtrades : funny how he didn't reply to lockhedge post https://www.reddit.com/r/BitcoinMarkets/comments/532bph/did_bitfinex_forget_to_mention_their_assets/
[2016-09-19 01:53:56] rapidtrades : https://www.okcoin.com/t-323.html
[2016-09-19 01:54:03] rapidtrades : ^^^ read it and weep buttfinex
[2016-09-19 01:54:19] rapidtrades : okc realizing their volume is as fake as theirs
[2016-09-19 01:55:38] rapidtrades : oh....link is here https://www.reddit.com/r/BitcoinMarkets/comments/53ape1/daily_discussion_sunday_september_18_2016/d7rof3a
[2016-09-19 01:55:52] CaptainDean : wow, i'm glad they removed them
[2016-09-19 01:56:32] CaptainDean : isn't a small victory for you ?
[2016-09-19 01:56:56] habibi : CaptainDean, u ruinedrapidtrades's monologue part 350
[2016-09-19 01:57:12] rapidtrades : yeah sure...i was saying how this last rally was caused by buttfinex @CaptainDean
[2016-09-19 01:57:45] rapidtrades : hopefully this will translate into less bots using the price as reference
[2016-09-19 01:58:52] rapidtrades : if smone can tell faked volume is okc..u know what im saying
[2016-09-19 02:02:53] kdeath : BitMEX_Wally: oops miscalculated the impact of adjusting leverage. thanks
[2016-09-19 02:06:05] rapidtrades : i feel a bit better after reading that...mood improved
[2016-09-19 02:07:41] rapidtrades : man ETH sure does like to f*ck up
[2016-09-19 02:07:43] CaptainDean : W on ETC ... are we going down now ?%
[2016-09-19 02:08:18] rapidtrades : first that DAO thing, then the failed fork now this
[2016-09-19 02:08:48] rapidtrades : it's like retard central over there
[2016-09-19 02:08:55] CaptainDean : :P
[2016-09-19 02:09:03] rapidtrades : is ETC affected?
[2016-09-19 02:09:20] CaptainDean : dunno
[2016-09-19 02:10:04] rapidtrades : buttfinex says their ETC deposits work now but not ETH
[2016-09-19 02:10:13] rapidtrades : ETC developers > ETH developers
[2016-09-19 02:10:47] CaptainDean : i was sure ETH was up because they fixed it
[2016-09-19 02:11:13] rapidtrades : did they fix it? maybe its just buttfinex
[2016-09-19 02:13:10] CaptainDean : i can't confirm it
[2016-09-19 02:13:33] rapidtrades : well this is interesting https://www.reddit.com/r/Bitcoin/comments/539gze/forensic_bitcoin_cracking_someones_tried_over_500/d7s94z9
[2016-09-19 02:14:02] CaptainDean : i think it is still not fixed
[2016-09-19 02:14:24] rapidtrades : good
[2016-09-19 02:16:35] rapidtrades : https://www.reddit.com/r/ethereum/comments/53ezui/geth_fix_is_here/
[2016-09-19 02:19:06] rapidtrades : looks like ETC was not affected
[2016-09-19 02:19:15] rapidtrades : prolly why its rallied
[2016-09-19 02:30:37] Susperia : lol idiots are don't know that eth just use parity over geth. Now geth is fixed. Who cares... idiots will be idiots, the blind faith of ETC clowns are funny, they made hacker a millionaire
[2016-09-19 02:31:08] Susperia : and now think that etc is better because not affected by geth bug
[2016-09-19 02:35:01] rapidtrades : k
[2016-09-19 02:36:15] Susperia : both eth and etc are shit tho
[2016-09-19 02:36:17] rapidtrades : Susperia: thank you for your stupid opinion
[2016-09-19 02:36:37] Susperia : the only supid opinion is yours here, moron
[2016-09-19 02:36:41] rapidtrades : I'll add it to the pile of worthless opinions i read here
[2016-09-19 02:37:06] rapidtrades : which is the size of mt Kilimanjaro at this point
[2016-09-19 02:37:08] kdeath : is it possible that the whole geth bug situation was a play to instill confidence in the ability of eth devs to rapidly address issues?
[2016-09-19 02:37:25] rapidtrades : no
[2016-09-19 02:37:29] jordanbitfort : no
[2016-09-19 02:37:32] kdeath : and allow the perpetrators to load up on discounted eth prior to devcon
[2016-09-19 02:37:52] rapidtrades : these are the guys doing an audit on buttfinex
[2016-09-19 02:38:01] rapidtrades : what a world we live in man
[2016-09-19 02:38:04] CaptainDean : rapidtrades: hahhaha
[2016-09-19 02:39:13] Susperia : lol that moron rapid, he demonstrated total ignorance on eth, etc, zcash.. what else? bitmex must add a futures on sewage and he will buy it
[2016-09-19 02:39:32] kdeath : so we are to believe that the eth devs found out abt of the bug issue, developed and implemented an effective hotfix all in a matter of 2-3 hours
[2016-09-19 02:40:17] kdeath : do any of you have a b/g in dev?
[2016-09-19 02:40:38] Susperia : what is b/g?
[2016-09-19 02:40:43] kdeath : background
[2016-09-19 02:40:47] Susperia : yes
[2016-09-19 02:41:06] kdeath : that is some next level bugfix no?
[2016-09-19 02:41:25] rapidtrades : the only thing u have a background in cheap frills and popping pills @Susperia
[2016-09-19 02:41:26] Susperia : next level? Just a bugfix lol.
[2016-09-19 02:41:52] kdeath : errr it wasn't just a simple bugfix
[2016-09-19 02:41:53] Susperia : idiots in crypto just think that coin devs are wizards and uber people. it is not.
[2016-09-19 02:42:16] Susperia : Yes it was a bugfix from people who can use profiler lol. Nothing big here.
[2016-09-19 02:43:28] Susperia : rapidtrades: hey you clown, I remember your words that zcash gets a security of bitcoin network. So shut the fuck up ok? We all know that you are just an ignorant.
[2016-09-19 02:44:20] habibi : rapidtrades: this is the moment u should counter attack wit some insult on his mother or sth
[2016-09-19 02:44:42] kdeath : I think you are underplaying the significance of the rapid response/resolution. It is not trivial to develop/test/release hotfixes under pressure. Either way, I see it as a testament to the strength of the eth dev.
[2016-09-19 02:45:14] kdeath : OR they rushed it out and there will be further issues before long.
[2016-09-19 02:45:52] Susperia : kdeath: your speculations makes me cry lol, go try to understand what that hotfix is consist of before posting your ignorant bs here
[2016-09-19 02:46:07] kdeath : kk
[2016-09-19 02:46:37] rapidtrades : Susperia: I try not to learn too much
[2016-09-19 02:46:54] rapidtrades : I find that it interferes with making money
[2016-09-19 02:47:06] Susperia : ahahah
[2016-09-19 02:47:43] Susperia : I regret I can't ignore bottom feeders like you lol, admin, please add ignore button
[2016-09-19 02:48:32] Susperia : it's just annoying to read bs of the ignorants everywhere, don't turn this box into poloniex
[2016-09-19 02:48:53] CaptainDean : then maybe you're too emotional for trading ? (I'm just trollboxing)
[2016-09-19 02:48:58] Susperia : rapidtrades: go find a job, mommy's moneymaker
[2016-09-19 02:49:09] rapidtrades : Susperia: u know when u have a great idea but then u say it out loud and u realize how retarded u sound?
[2016-09-19 02:49:39] rapidtrades : now instead of my thought there's you
[2016-09-19 02:49:50] rapidtrades : saying stupid shit so I don't have to
[2016-09-19 02:49:59] Susperia : tfu ok? Post your moronic bs to someone else
[2016-09-19 05:30:22] REKT : Liquidated short on `ETHXBT`: Buy 2160 @ 0.02101
[2016-09-19 06:06:04] rapidtrades : time for this little birdie to drop
[2016-09-19 06:15:24] mwalshe99 : whats with the liquidity on here??
[2016-09-19 06:15:32] mwalshe99 : used to be allot better
[2016-09-19 06:19:40] laisee : everyone happy today?
[2016-09-19 06:30:42] rapidtrades : why would anyone be happy?
[2016-09-19 06:32:20] +1 : happy--always
[2016-09-19 06:36:14] rapidtrades : f*ck you...how about them applez? @+1
[2016-09-19 06:36:40] rapidtrades : still happy?
[2016-09-19 06:39:57] +1 : u should sleep
[2016-09-19 06:40:13] +1 : u are stressed out
[2016-09-19 06:40:27] +1 : we feel sorry for you
[2016-09-19 06:40:39] rapidtrades : I'll sleep when I'm dead
[2016-09-19 06:41:56] rapidtrades : sci-fi channel is the worst...10 mins action followed by 5 min commercials
[2016-09-19 06:42:48] rapidtrades : what a joke....they're not even commercials, they're just previews for shows playing on the same channel
[2016-09-19 06:51:07] REKT : Liquidated short on `ETHXBT`: Buy 225 @ 0.02130
[2016-09-19 06:57:22] REKT : Liquidated short on `ETHXBT`: Buy 200 @ 0.02135
[2016-09-19 07:57:22] REKT : Liquidated long on `ETHXBT`: Sell 19 @ 0.02104
[2016-09-19 07:58:17] rapidtrades : ETH ReKtAgE
[2016-09-19 08:00:33] billyboy402 : any one know how to fix the charts to see XMR pricee i onle see 0.00 ......
[2016-09-19 08:00:59] Susperia : billyboy402: https://bitcoinwisdom.com/markets/poloniex/xmrbtc
[2016-09-19 08:01:52] billyboy402 : i am talking abouit the charts on bitmex ( trading viiew ) the scal is not set up
[2016-09-19 08:02:22] Susperia : billyboy402: bitmex does not make sense with 3 trades per week
[2016-09-19 08:03:25] Susperia : I think bitmex must remove charts at all
[2016-09-19 08:05:13] billyboy402 : i fix it , have to change the scall units to 0.00000
[2016-09-19 08:05:32] Susperia : billyboy402: what happend to ypool?
[2016-09-19 08:06:20] billyboy402 : right click > property > overide MIN tick to 1/10000000
[2016-09-19 08:06:52] billyboy402 : Susperia: no idea mate , that was a while ago . watch was ur username there , i dont remeebr you
[2016-09-19 08:07:11] BitMEX_Wally : billyboy402: Does the XMR7D chart here look ok? https://www.bitmex.com/app/trade/XMR7D
[2016-09-19 08:07:35] Susperia : billyboy402: I was not there, I just know you was
[2016-09-19 08:08:17] billyboy402 : BitMEX_Wally: I fix it , it was a tradevierw setting , i must of had it set to whole $1 for BTC ,. but for altcoin you need it set to 0.0000
[2016-09-19 08:10:10] billyboy402 : Susperia: i doint know .,. i use to mine there , but they didnt keep updating and the chat got boring and died ,. at the end they were trying to do a online wallet thing but i havent heard any thign about them in a while
[2016-09-19 08:10:23] billyboy402 : was the same time that mxcnow closed down lol
[2016-09-19 08:13:06] Susperia : lol k
[2016-09-19 08:26:33] Sdas : Isn't it possible to deposit Ether on bitmex?
[2016-09-19 08:27:44] rapidtrades : no
[2016-09-19 08:28:00] rapidtrades : ether is not a real currency
[2016-09-19 08:28:47] Sdas : Lol, that depends on who you ask. But thank you for your answer anyway
[2016-09-19 08:46:57] Susperia : I wonder if xmr will recover
[2016-09-19 12:28:06] esuvari : BitMEX_Wally: it's past the unlock time but my profit is still withheld, any ideas why that might be?
[2016-09-19 12:37:38] habibi : https://news.bitcoin.com/zero-knowledge-zcoin-launching-soon/ :D
[2016-09-19 12:38:02] rapidtrades : still $0 backed and backing 'not open' for buttfinex
[2016-09-19 12:38:15] rapidtrades : why launch if its not open...wth is going on here
[2016-09-19 12:42:58] Kalman : rapidtrades: do you want to back it? Or just follow the herd ...
[2016-09-19 12:44:01] rapidtrades : just doesn't make sense
[2016-09-19 12:46:14] Kalman : its hard to deal with cognitive dissonance ;)
[2016-09-19 12:46:27] rapidtrades : in my country we have a saying...
[2016-09-19 12:46:55] rapidtrades : he who f*cks up once is a f*ckup, he who f*cks up ten times does it on purpose
[2016-09-19 12:47:50] +1 : or just stupid.. lol. :)
[2016-09-19 12:48:09] +1 : Have a great day everyone. Good morning!
[2016-09-19 13:09:25] esuvari : anyone from bitmex online?
[2016-09-19 13:12:28] BitMEX_Arthur : esuvari: Hi
[2016-09-19 13:12:47] esuvari : BitMEX_Arthur: hi. it's past the unlock time but my profit is still withheld, any ideas why that might be?
[2016-09-19 13:13:44] BitMEX_Arthur : esuvari: Send a support request and we will look into your specific case
[2016-09-19 13:18:25] esuvari : BitMEX_Arthur: another ticket of mine from 10 days ago is still being processed.
[2016-09-19 13:18:31] esuvari : I do not have that kind of time
[2016-09-19 13:41:24] BitMEX_Wally : esuvari: The issue you raised earlier, to do with the predicted liquidation price of open orders, is being worked on by me
[2016-09-19 13:42:25] esuvari : BitMEX_Wally: great.. any updates on that one?
[2016-09-19 13:45:23] esuvari : if u typed anything, I can't see.
[2016-09-19 13:47:17] esuvari : BitMEX_Wally: btw the issue is not about the predicted liq. price of <b>open</b> orders. it's
[2016-09-19 13:51:58] BitMEX_Wally : esuvari: I have responded to your ticket regarding withheld profit
[2016-09-19 13:53:15] +1 : What's the direction of BTC/USD
[2016-09-19 13:53:23] +1 : North or south?
[2016-09-19 13:55:38] esuvari : BitMEX_Wally: cheers
[2016-09-19 14:03:06] BitMEX_Wally : esuvari: It might have been a problem with some cached data, we are investigating
[2016-09-19 15:38:19] sleger : jung1 still short eth since 0.02050
[2016-09-19 15:42:51] zen10 : BitMEX_Arthur: what's the word on rate hike this week? Binyamin Appelbaum in the nytimes yesterday said hike "is not expected". Do we know that?
[2016-09-19 15:49:31] BitMEX_Arthur : No chance they hike
[2016-09-19 15:49:39] BitMEX_Arthur : I doubt they hike at all this year
[2016-09-19 15:49:51] BitMEX_Arthur : the Chinese have their number, every time Yellen threatens rate hike, they slash the yuan
[2016-09-19 16:01:27] zen10 : Interesting. Loved your article in BM.
[2016-09-19 16:04:33] zen10 : They don't want the yuan slashed because it messes up our stocks?
[2016-09-19 16:23:04] hedgehog0223 : Is there any way to set an email notification when my order gets triggered?
[2016-09-19 16:31:58] BitMEX_Greg : hedgehog0223: I don't believe there is, but you can select Confirmation Dialogues in the preference section: https://www.bitmex.com/app/preferences
[2016-09-19 16:54:06] ScottJ : BitMEX_Greg: you guys had time to look at IOTA yet?
[2016-09-19 17:00:58] Susperia : please don't look on IOTA
[2016-09-19 17:06:04] ScottJ : Susperia: why?
[2016-09-19 17:06:58] Susperia : need volume, not shitcoins
[2016-09-19 17:10:48] ScottJ : IOTA isn't a shitcoin, but maybe you view all alts as shitcoins
[2016-09-19 17:12:58] ScottJ : BitMEX seem to be doing well out of XMR :)
[2016-09-19 17:19:09] BitMEX_Greg : ScottJ: We need sufficient demand from our users as well
[2016-09-19 17:20:23] ScottJ : true, many people are waiting for it to hit exchanges
[2016-09-19 17:20:41] ScottJ : your call, would be fun to trade that's all
[2016-09-19 17:21:02] ScottJ : currently has a ~$40M market cap from OTC only
[2016-09-19 17:49:37] rapidtrades : Good Evening people....and susperia
[2016-09-19 18:08:12] CrptoWhaler : hey
[2016-09-19 18:08:22] CrptoWhaler : anyone around here?
[2016-09-19 18:08:40] BitMEX_Greg : CrptoWhaler: Hi hows it going
[2016-09-19 18:09:07] CrptoWhaler : Not too bad..
[2016-09-19 18:09:30] CrptoWhaler : Prospecting this exchange.. Always looking for new places to whale..
[2016-09-19 18:10:29] BitMEX_Greg : Great, welcome. Let me know if you have any questions
[2016-09-19 18:11:03] CrptoWhaler : I will in a moment I'm sure ;)
[2016-09-19 18:11:21] BitMEX_Greg : Sure no problem
[2016-09-19 18:11:35] CrptoWhaler : Can you give me a quick rundown of your fees structure?
[2016-09-19 18:11:50] CrptoWhaler : That is an important factor in trading large volume..
[2016-09-19 18:12:06] BitMEX_Greg : Basically maker / taker model. -0.25% / 0.075% on most of our products
[2016-09-19 18:12:12] BitMEX_Greg : Outlines here: https://www.bitmex.com/app/fees
[2016-09-19 18:12:17] BitMEX_Greg : outlined*
[2016-09-19 18:12:26] BitMEX_Greg : -0.025% apologies
[2016-09-19 18:17:13] CrptoWhaler : I see their seems to be some algorithmic structure for calculating profits/losses..
[2016-09-19 18:17:24] CrptoWhaler : How does that work?
[2016-09-19 18:22:22] REKT : Liquidated short on `XMR7D`: Buy 401 @ 0.015836
[2016-09-19 18:27:10] CrptoWhaler : How does it calculate your profits and losses?
[2016-09-19 18:27:47] CrptoWhaler : I don't quite understand the complex structure..
[2016-09-19 18:31:28] BitMEX_Greg : Your Realised PNL is based off entry and exit prices, and any trade fees, if you enter a swap you may pay or receive funding as per the current rates
[2016-09-19 18:48:52] REKT : Liquidated short on `XMR7D`: Buy 1000 @ 0.016316
[2016-09-19 18:49:07] REKT : Liquidated short on `XMR7D`: Buy 3136 @ 0.016685
[2016-09-19 19:01:32] REKT : Liquidated short on `XMR7D`: Buy 50 @ 0.017115
[2016-09-19 19:01:53] CaptainDean : XMR fire !
[2016-09-19 19:03:50] mjones : Xmr going for 20% gains in a day
[2016-09-19 19:04:13] mjones : Eth heads happy with their devcon 2 pump of 2%
[2016-09-19 19:15:46] CaptainDean : missed that great push
[2016-09-19 19:15:53] CaptainDean : that is what happen when you work :P
[2016-09-19 19:16:35] REKT : Liquidated short on `XMR7D`: Buy 100 @ 0.017398
[2016-09-19 20:02:31] d00ber : 12h charts broken for anyone else?
[2016-09-19 20:03:23] d00ber : 1d and 6h work, 12h broken for all markets
[2016-09-19 20:06:21] BitMEX_Sam : d00ber: I see the same, I'll take a look.
[2016-09-19 20:28:12] Tetsuo : Monero hardfork in 2 days gentleman
[2016-09-19 20:33:22] REKT : Liquidated long on `ETC7D`: Sell 1400 @ 0.002101
[2016-09-19 20:55:27] habibi : BitMEX_Sam: are u going to add Zcoin?its going to be released in few days and basically have its own implementation of zero knowledge
[2016-09-19 20:55:44] BitMEX_Sam : habibi: Likely not, it appears to us as a copycat coin
[2016-09-19 20:55:56] BitMEX_Sam : If there is enough interest after it launches we'll add a product.
[2016-09-19 20:57:33] habibi : BitMEX_Sam: i thought the same but looks like they have their own solutions for save setup and implementation is using diffrent crypto techniques, what i am saying even if its total shit there will be big enough market demand on it
[2016-09-19 20:57:46] BitMEX_Sam : I wonder why the deliberately confusing name?
[2016-09-19 20:58:06] BitMEX_Sam : And it remains to be seen if there will be demand, this is starting to become a crowded sector and Zcash definitely has the limelight right now
[2016-09-19 20:58:25] BitMEX_Sam : The #1 google result for Zcoin is Zcash
[2016-09-19 20:59:25] BitMEX_Sam : And all of the Zerocoin authors are on the Zcash team, but Zcoin claims to be based on Zerocoin.
[2016-09-19 20:59:32] habibi : from dev shill talk: "We aren't a fork of ZCash, the codebase is entirely different. ZCoin is an software implementation of the Zerocoin Protocol. ZCash is a software implementation of the Zerocash Protocol. They both use entirely different cryptographic schemes, but both end up achieving Zero Knowledge Private transactions (so the end result is essentially the same )"
[2016-09-19 20:59:34] BitMEX_Sam : If you ask me, it looks like an attempt at market confusion to do a quick P&D.
[2016-09-19 21:00:12] habibi : BitMEX_Sam: one thing they copy is mining distribusion so quick pd is kinda impossible
[2016-09-19 21:00:16] BitMEX_Sam : Ah okay. So "most" of the zerocoin authors and all of the zerocash authors are on Zcash according to Zcash's homepage.
[2016-09-19 21:00:27] BitMEX_Sam : That's good.
[2016-09-19 21:00:51] BitMEX_Sam : Zerocoin seems very similar to Monero by basically making mixing part of the proto?
[2016-09-19 21:01:44] BitMEX_Sam : I also heard that Zerocoin, and by extension Zcoin, has a serious transaction size issue that's fixed by zkSNARKs in Zcash.
[2016-09-19 21:01:44] habibi : no idea, didn't dig into yet but zerocoin protocol doesnt have much in common with monero way
[2016-09-19 21:01:58] BitMEX_Sam : https://en.wikipedia.org/wiki/Zerocoin#Zerocash
[2016-09-19 21:02:10] BitMEX_Sam : "...reduces proof sizes by 98% and allows for direct anonymous payments that hide payment amount"
[2016-09-19 21:02:22] BitMEX_Sam : Any coin based on the old protocol would appear to be instantly obsolete.
[2016-09-19 21:03:39] BitMEX_Sam : zcoin.tech website is sloppy, contains some references to "zcoin.cash" which seems to be a sloppy copy/paste of z.coin content.
[2016-09-19 21:04:48] BitMEX_Sam : I *definitely* don't trust it now, the website is copypasta & there's no code to be seen anywhere.
[2016-09-19 21:06:06] CrptoWhaler : Does bitmex actually trade these contracts on poloniex?
[2016-09-19 21:06:17] habibi : agree, lets see what they will deliver in few days
[2016-09-19 21:07:06] BitMEX_Sam : CrptoWhaler: Not necessary, we simply settle/mark contracts based on their price and cash-settle them in Bitcoin.
[2016-09-19 21:07:09] BitMEX_Sam : The system is always zero-sum.
[2016-09-19 21:07:27] nezal : zerocoin is 3year old alpha codebase
[2016-09-19 21:07:35] nezal : zcash is the state of art
[2016-09-19 21:08:06] nezal : anything using libzerocoin likely has fatal flaws
[2016-09-19 21:08:26] nezal : not to mention it is slow and bloated
[2016-09-19 21:15:48] habibi : nezal: old code is not related at all to this project from what info i got btw
[2016-09-19 21:18:09] BitMEX_Sam : What info did you get?
[2016-09-19 21:19:02] nezal : it is hard to believe there is any zksnark codebase not made by the original zerocoin/zcash team
[2016-09-19 21:19:34] BitMEX_Sam : Zcoin's site doesn't mention snarks at all.
[2016-09-19 21:19:57] habibi : BitMEX_Sam: just as above, that 3y old zcoin github is totally not related to this one
[2016-09-19 21:20:09] BitMEX_Sam : There isn't a github for the new one.
[2016-09-19 21:20:14] habibi : yep :/
[2016-09-19 21:20:21] BitMEX_Sam : I certainly don't trust any coin that would come as a binary blob. Absolutely not
[2016-09-19 21:20:33] BitMEX_Sam : The zcoin.tech site is a mess
[2016-09-19 21:20:51] habibi : BitMEX_Sam: noone would, this is crypto open source is must be in 1st place
[2016-09-19 21:21:12] BitMEX_Sam : Right. And there's no way that this is a legit project if they just plan to dump code on release day.
[2016-09-19 21:22:10] habibi : yep, good point
[2016-09-19 21:24:32] CrptoWhaler : Help me understand this..
[2016-09-19 21:24:52] CrptoWhaler : so there are 2 traders.. Trader A and trader B
[2016-09-19 21:25:30] CrptoWhaler : Trader A sells BTC @ $100 and trader B Buys BTC @ $100..
[2016-09-19 21:26:03] CrptoWhaler : BTC goes to $110..
[2016-09-19 21:26:14] CrptoWhaler : Both cash out/close positions..
[2016-09-19 21:26:37] CrptoWhaler : How much profit/loss would both trader A and B make in this case
[2016-09-19 21:26:40] CrptoWhaler : ??
[2016-09-19 21:27:16] BitMEX_Sam : CrptoWhaler: It's very simple, A would lose 10%, B would gain 10%.
[2016-09-19 21:27:41] habibi : i think there is almost exact same example in the bitmex guide
[2016-09-19 21:28:28] BitMEX_Sam : Yes - https://www.bitmex.com/app/pnlGuide
[2016-09-19 21:28:58] CrptoWhaler : The loss is greater because of the inverse and non-linear nature of the contract.??????????/
[2016-09-19 21:29:26] CrptoWhaler : A trader goes long 100 XBT of XBTUSD at a price of 600 USD. He is long 100 XBT * 600 USD = 60,000 contracts. A few days later the price of the swap increases to 700 USD. The trader’s profit will be: 60,000 * 1 * (1/600 - 1/700) = 14.286 XBT If the price had in fact dropped to 500 USD, the trader’s loss would have been: 60,000 * 1 * (1/600 - 1/500) = -20 XBT. The loss is greater because of the inverse and non-linear nature of the contract.
[2016-09-19 21:29:35] CrptoWhaler : from your guide..
[2016-09-19 21:29:55] CrptoWhaler : From that it sure doesn't sound like they both gain and loose 10%
[2016-09-19 21:30:15] sleger : BitMEX_Sam: that's not true, it depends on funding rates during that time
[2016-09-19 21:30:28] BitMEX_Sam : sleger: Which also depends on whether or not we're talking futures or swaps.
[2016-09-19 21:30:38] BitMEX_Greg : CrptoWhaler: it is still zero sum
[2016-09-19 21:30:51] sleger : According to historical data they would both lose around 0.05%. he mentioned XBTUSD so I assume the swap
[2016-09-19 21:30:53] CrptoWhaler : what do you mean by "zero sum"
[2016-09-19 21:30:54] CrptoWhaler : ??
[2016-09-19 21:31:05] BitMEX_Greg : you are describing two seperate price movements
[2016-09-19 21:31:11] badtrader : pl is slight exponentially when your account curency is btc !?
[2016-09-19 21:31:22] BitMEX_Greg : gains = losses
[2016-09-19 21:31:38] sleger : it is zero sum if you add the trading fees as well
[2016-09-19 21:31:52] BitMEX_Sam : He mentioned BTC, not XBTUSD in particular sleger. No need to complicate the discussion
[2016-09-19 21:32:32] CrptoWhaler : so what contracts do the nonlinear returns apply to?
[2016-09-19 21:32:43] sleger : quanto futures
[2016-09-19 21:32:55] sleger : XBT Sep 30 for instance
[2016-09-19 21:33:41] BitMEX_Sam : No, that particular example is referring to inverse contracts.
[2016-09-19 21:33:50] BitMEX_Sam : It depends on which currency you're referring to.
[2016-09-19 21:34:02] BitMEX_Sam : Quanto is linear in XBT terms, inverses are linear in USD terms.
[2016-09-19 21:34:27] BitMEX_Sam : In that example above CrptoWhaler, somebody shorting from 600 to 500 would have made 20%, someone long from 600 to 500 would have lost 20%.
[2016-09-19 21:35:18] habibi : BitMEX_Sam: not quite sure but looks like this is their github https://github.com/MonetaOfficial/moneta
[2016-09-19 21:35:31] BitMEX_Sam : You can verify this with the calculator, available right next to the "Place Order" text in the sidebar.
[2016-09-19 21:37:15] CrptoWhaler : where do I find these futures markets?
[2016-09-19 21:38:10] CrptoWhaler : ah found sept 30
[2016-09-19 21:41:33] CrptoWhaler : calculator still says symmetrical 10% on futures..
[2016-09-19 21:43:04] sleger : 10% btc not usd ?
[2016-09-19 21:44:12] BitMEX_Sam : CrptoWhaler: That's because Sep 30 is quanto, so it's linear in XBT terms - try it on the swap, which is inverse
[2016-09-19 21:45:40] habibi : BitMEX_Sam: could grouping be saved to exact pair? not always same grouping size fits other pairs
[2016-09-19 21:45:58] BitMEX_Sam : habibi: That's a good idea - I'll add a ticket for it.
[2016-09-19 21:47:15] habibi : thanks
[2016-09-19 21:55:55] lockhedge : Bitfinex's Potter on their investments: "iFinex and its subsidiaries did not make those investments. Those we done through other vehicles and are not part of this offering."
[2016-09-19 21:56:30] lockhedge : Reeve Collins Co-founder of Tether: "Tether was acquired by Bitfinex the world's largest bitcoin exchange." https://www.reddit.com/r/BitcoinMarkets/comments/532bph/did_bitfinex_forget_to_mention_their_assets/
[2016-09-19 22:05:02] BitMEX_Sam : Dodge & Weave
[2016-09-19 22:10:07] REKT : Liquidated long on `XBJ24H`: Sell 1 @ 61752.0 :punch: :whale:
[2016-09-19 22:21:12] rapidtrades : BitMEX_Sam: are us srsly not giving us a new quanto?
[2016-09-19 22:21:20] rapidtrades : that aint cool man
[2016-09-19 22:26:29] BitMEX_Greg : We haven't decided yet @rapidtrades but unlikely so far
[2016-09-19 22:28:57] mwalshe99 : greg, can you look at my account
[2016-09-19 22:29:16] mwalshe99 : i'm 0.06 btc short of what i was after rebalance
[2016-09-19 22:30:42] mwalshe99 : its only small but this doesnt make any sense
[2016-09-19 22:33:21] BitMEX_Sam : mwalshe99: See your trade history, there was funding 2 and a half hours ago
[2016-09-19 22:35:05] BitMEX_Greg : mwalshe99: You can check your trade history here: https://www.bitmex.com/app/tradeHistory and the funding history here: https://www.bitmex.com/app/fundingHistory
[2016-09-19 22:37:14] mwalshe99 : hey greg thank you for clearing this u
[2016-09-19 22:37:15] mwalshe99 : up
[2016-09-19 22:37:19] mwalshe99 : was slightly confused
[2016-09-19 22:37:20] mwalshe99 : many thanks
[2016-09-19 22:38:13] BitMEX_Greg : It's ok, funding occurs every 8 hours. Take a look at the swaps guide which helps explain this: https://www.bitmex.com/app/swapsGuide
[2016-09-19 22:38:23] rapidtrades : ouch that one stung
[2016-09-19 23:36:22] REKT : Liquidated short on `XMR7D`: Buy 450 @ 0.017884
[2016-09-19 23:47:35] REKT : Liquidated short on `ETHXBT`: Buy 2 @ 0.02153 :punch: :whale:
[2016-09-19 23:47:52] REKT : Liquidated short on `ETHXBT`: Buy 10 @ 0.02155
[2016-09-19 23:51:35] REKT : Liquidated short on `ETHXBT`: Buy 200 @ 0.02161
[2016-09-20 00:12:07] REKT : Liquidated long on `ETHXBT`: Sell 542 @ 0.02161
[2016-09-20 01:01:55] rapidtrades : wtf
[2016-09-20 01:48:19] CaptainDean : what's up stupid ?
[2016-09-20 01:55:22] REKT : Liquidated short on `ETHXBT`: Buy 21 @ 0.02175
[2016-09-20 02:00:17] rapidtrades : CaptainDean: found out your mom is really ur dad
[2016-09-20 02:10:22] omicron : The troll is strong here today
[2016-09-20 02:13:12] CaptainDean : rapidtrades: That was a friendly stupid rapid but i like mon joke ;-)
[2016-09-20 02:15:14] CaptainDean : omicron: Rapid like to call us stupid, that's it. No offencs taken with it
[2016-09-20 02:15:24] CaptainDean : offence*
[2016-09-20 02:23:52] REKT : Liquidated short on `ETHXBT`: Buy 75 @ 0.02212
[2016-09-20 05:26:15] omicron : good to see the vol is back here
[2016-09-20 05:26:58] omicron : im guessing people went to the new exchange for a couple of days to try it out and are back
[2016-09-20 05:27:26] jordanbitfort : ETH vol at 50% of BTC. thats insane
[2016-09-20 05:27:56] omicron : ya traders follow volatitlity, thats a given
[2016-09-20 05:28:10] omicron : point is btc is too stable
[2016-09-20 05:28:27] omicron : even 200x leverage may not be enough
[2016-09-20 05:30:32] rabfulton : http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
[2016-09-20 06:00:00] RocketScience : When is next realization? I am on phone*
[2016-09-20 06:03:07] jordanbitfort : 6 hrs fam
[2016-09-20 06:23:43] RocketScience : Thank you
[2016-09-20 07:33:45] rapidtrades : ok what's going on? anyone has access to the bnktothefuture forum
[2016-09-20 07:33:58] rapidtrades : still says $0 backed and backing not open
[2016-09-20 07:37:20] Kalman : rapidtrades: "This pitch has not yet been approved as a financial promotion and we are waiting for further documents and approval. You can follow the pitch and we will update you once you are able to invest."
[2016-09-20 07:58:48] rapidtrades : lol? then why put it up
[2016-09-20 07:59:24] rapidtrades : its only 10 days to first deadline now...
[2016-09-20 08:55:51] Kalman : rapidtrades: its only one more day till FED rate decision Sep. ;)
[2016-09-20 09:20:37] laisee : 48 days till election of the The Donald
[2016-09-20 09:22:23] laisee : ¯\_(ツ)_/¯
[2016-09-20 09:28:52] REKT : Liquidated short on `ETHXBT`: Buy 28 @ 0.02265
[2016-09-20 09:32:57] Tetsuo : Fly, my precious ETH!
[2016-09-20 09:35:56] migz : i sold too early -_-
[2016-09-20 09:36:36] Tetsuo : Target 0.028!
[2016-09-20 09:39:07] REKT : Liquidated long on `ETHXBT`: Sell 190 @ 0.02277
[2016-09-20 10:23:05] RocketScience : I need that rebalance :)
[2016-09-20 10:25:11] RocketScience : I am new. Is 5 minute rebalance time normal?
[2016-09-20 10:26:08] rapidtrades : no
[2016-09-20 10:26:46] RocketScience : ETH and XMR rises causing chaos?
[2016-09-20 10:38:26] rapidtrades : you're confused
[2016-09-20 10:40:57] RocketScience : how long does it take? To realise my PNL?
[2016-09-20 10:41:09] zanza : 3.50 days
[2016-09-20 10:45:28] BitMEX_Wally : RocketScience: Realised PNL is available for withdrawal after rebalance. This will occur in 1 hour 14 minutes
[2016-09-20 11:06:26] messiaen8844 : Are we getting a XXB\16 contract?
[2016-09-20 11:08:17] messiaen8844 : XBZ for december?
[2016-09-20 11:44:48] rapidtrades : probably not
[2016-09-20 11:53:20] BitMEX_Arthur : messiaen8844: we will give you a Dec future on the XBJ series most likely
[2016-09-20 12:01:52] +1 : What's up with BTC?
[2016-09-20 12:13:05] zanza : RIP DPE
[2016-09-20 12:32:59] +1 : https://www.bitmex.com/app/autoDeleveraging#adl-priority-deleveraging-ranking-system starting 3rd October
[2016-09-20 12:33:17] +1 : comment?
[2016-09-20 12:34:56] rapidtrades : good
[2016-09-20 12:35:57] BitMEX_Wally : Let us know if you have any questions or suggestions
[2016-09-20 12:37:11] billyboy402 : with the new ADL , if your in profit in one trade , and negtive in another , does it balance it out so you dont get margin called
[2016-09-20 12:38:36] habibi : but insurance found will be still there?
[2016-09-20 12:39:01] BitMEX_Wally : Realised profit is available immediately when you close or reduce a position, but unrealised profit in one instrument cannot be used to support a position in another instrument
[2016-09-20 12:39:48] Boontjie : BitMEX_Wally: or the same one where
[2016-09-20 12:40:34] BitMEX_Wally : insurance fund will remain, once the fund for an instrument is depleted, then the system will deleverage some highly leveraged position in profit, instead of having a DPE percentage %
[2016-09-20 12:43:20] tb : wally i have a couple of questions
[2016-09-20 12:43:55] tb : 1. where does the dpe socialized pool of btc go?
[2016-09-20 12:44:32] tb : 2. with adl if you get margin called, where does the rest of your unused margin go?
[2016-09-20 12:44:52] Panoukla : ADL Sounds like a intelligent change, lets see how it works
[2016-09-20 12:45:38] +1 : Trying to understand the ranking system https://www.bitmex.com/app/autoDeleveragingExamples
[2016-09-20 12:47:52] BitMEX_Wally : tb: the pool goes towards aggressions liquidiations, to avoid DPE/ADL same as always
[2016-09-20 12:48:32] BitMEX_Wally : tb: if you are liquidated the maintenance margin goes towards closing out the position and anything remaining goes into the insurance fund
[2016-09-20 12:49:26] tb : perhaps i missed the point of adl, but isn't the point of adl that liquidations are matched against people who are highly leveraged the other direction?
[2016-09-20 12:50:15] tb : which means the trading can just happen at the mark?
[2016-09-20 12:50:18] tb : or am i missing something?
[2016-09-20 12:51:45] tb : by trading i mean the liquidation event
[2016-09-20 12:55:18] BitMEX_Arthur : tb: The ADL system only activates once a liquidation order has reached the bankruptcy price which won't be the mark price because of the maintenance margin every position has attached to it
[2016-09-20 12:56:54] BitMEX_Wally : Deleveraging only occurs in situations where we would have had a DPE adjustment in the past, and deleveraging happens at the mark price
[2016-09-20 12:56:55] tb : what price does the adl happen at then?
[2016-09-20 12:57:00] tb : at bankruptcy price?
[2016-09-20 12:57:19] tb : ok
[2016-09-20 12:57:28] BitMEX_Wally : Mark price which is effectively the bankrupt price by the time it happens
[2016-09-20 12:58:49] sleger : so with ADL you wont close out the most leveraged trader should he be in the red ? Why not ?
[2016-09-20 12:59:17] BitMEX_Wally : We will publish a deleverage quintile indicator for your position so you can see where you are in the queue for ADL, should it happen. By reducing leverage you will move further back in the queue
[2016-09-20 13:00:17] BitMEX_Wally : sleger: correct we do not lock in losses for people unless there is no-one else with a profit
[2016-09-20 13:06:35] sleger : That seems more like a choice to not upset some customers who wouldnt understand why than a rational choice ?
[2016-09-20 13:09:40] rapidtrades : yeah im with sleger here...it should be most leveraged ppl first not by profit
[2016-09-20 13:14:00] rapidtrades : that's why we wanted the change, to do away with winners paying for losers
[2016-09-20 13:17:07] BitMEX_Wally : Under this new system losers pay for losers (via losing their maintenance margin to fund insurance) and winners get closed out at a profit
[2016-09-20 13:17:59] Kalman : for profit at the losers bankroptsy price
[2016-09-20 13:18:26] BitMEX_Wally : In the situations where ADL will occur, the highest leveraged positions will be those that have been opened most recently, and the price will have moved in their favour, so they will be mostly in profit
[2016-09-20 13:23:26] Kalman : so if a trader putting his stack on a market sell XBTUSD @ 0, he might well have no short position as he's well off with all the triggered ADL's
[2016-09-20 13:27:13] BitMEX_Wally : XBTUSD is marked to the underlying index, so a market sell cannot trigger liquidations and ADL
[2016-09-20 13:27:45] BitMEX_Wally : Otherwise you are correct, you can just force the market up and down and get closed out at a profit. I think someone raped coinpit.io this way
[2016-09-20 13:29:05] zanza : AutoDeleveraging is interesting
[2016-09-20 13:29:20] zanza : did you guys make up this concept, or is it already used elsewhere?
[2016-09-20 13:32:21] BitMEX_Wally : Other exchanges have similar concepts, we've tried to make it more transparent by giving the indicator, and taking leverage into account
[2016-09-20 13:34:56] zanza : I wonder what Sleger will think of this
[2016-09-20 14:08:53] zanza : he is quite the critic
[2016-09-20 14:12:22] sleger : I suggested doing this at least 6 months to a year ago so i'm fine with that. Their approach is a bit extreme in my opinion : you can have your whole position closed at once if you happen to be top of the pile, whereas bitvc (hu0bi) closes everyone on the opposite side of a non-filled liquidation proportionally to the size of their position. So it happens more often but your position is usually reduced only by a tiny fraction
[2016-09-20 14:14:02] BitMEX_Arthur : sleger: Given we offer much higher leverage than Huobi, we wanted to rank users according to leverage and pnl
[2016-09-20 14:14:56] sleger : when you say "according to leverage AND pnl" you mean according to leverage conditional to pnl >0 ? Or does the pnl have more importance than that in the ranking ?
[2016-09-20 14:15:56] BitMEX_Arthur : https://www.bitmex.com/app/autoDeleveraging
[2016-09-20 14:16:03] BitMEX_Arthur : Effective Leverage and PNL % are defined there
[2016-09-20 14:17:16] sleger : so the more in profit I am the more likely I am to get closed out ?
[2016-09-20 14:18:14] BitMEX_Wally : The more in profit you are the less your effective leverage will be, so not necessarily
[2016-09-20 14:20:00] sleger : and if the liq is 50 contracts and the trader who ranks 1 has 50 contracts then he get completely closed out or is it split amongst the top x ranked traders ?
[2016-09-20 14:20:38] sleger : I honestly dont understand why the PNL Percentage has to intervene in that formula, that doesnt make sense to me. Leverage fine, pnl no.
[2016-09-20 14:20:56] BitMEX_Wally : Trader who ranks 1 gets completely closed out
[2016-09-20 14:25:08] BitMEX_Wally : BitMEX are visiting Shanghai this week and hosting some events, let us know if you would like to meet us
[2016-09-20 14:27:49] zanza : can i have free buffet if I go ?
[2016-09-20 14:27:53] zanza : food
[2016-09-20 14:28:58] BitMEX_Wally : zanza: Sure
[2016-09-20 14:29:05] zanza : :D thx
[2016-09-20 14:29:34] BitMEX_Arthur : Don't be surprised if there is cardboard in your bao
[2016-09-20 14:30:15] zanza : extra fiber :)
[2016-09-20 14:45:23] germanjew : BitMEX_Wally: Will you be at devcon?
[2016-09-20 14:45:27] BitMEX_Sam : Closing users by profit & leverage priority has advantages; users in profit have the margin to re-open, and by affecting only the best-situated and most risky users, less-risky users trading on lower leverage can have their positions untouched and hold long positions without worrying about ADL.
[2016-09-20 14:46:00] BitMEX_Wally : germanjew: I'm in Shanghai this week
[2016-09-20 14:47:02] germanjew : Where though? I'm at devcon 2 in Shanghai
[2016-09-20 14:47:22] germanjew : Where in Shanghai*