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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[2016-10-07 21:10:09] Tetsuo : can we get a future contract about the issue with rapids law degree? i mean we trade zcash here, why not this?
[2016-10-07 21:10:41] MrRGnome : Volume would be enormous, everyone had FOMO on the rapidtrades law degree issue.
[2016-10-07 21:11:37] rapidtrades : hey asshole...im not here to justify ur vision of a what trader should be
[2016-10-07 21:11:39] Tetsuo : rapidtrades should not be alloed to trade, as he is a master whale, with the possibility to manipulate the price
[2016-10-07 21:12:02] rapidtrades : I never claimed to be rich or to trade big sizes
[2016-10-07 21:12:13] rapidtrades : ur just making up shit after I called ur bluff
[2016-10-07 21:12:34] MrRGnome : What bluff? I offered you clear and concise terms and still do.
[2016-10-07 21:12:36] rapidtrades : like I said...everything here is recorded
[2016-10-07 21:12:48] MrRGnome : That must be embarrassing for you.
[2016-10-07 21:12:53] rapidtrades : it must kill u to know some ppl live off trading
[2016-10-07 21:13:05] rapidtrades : fucking nine-to-fiver
[2016-10-07 21:13:44] MrRGnome : .... why would that kill me, and what makes you think int he middle of a day arguing with some idiot on the internet that I'm a 9-5er? You like to paint pictures but they are all in your head.
[2016-10-07 21:13:59] rapidtrades : ur mom is a ho
[2016-10-07 21:14:25] MrRGnome : I really hope so, she needs the money and attention.
[2016-10-07 21:14:44] rapidtrades : and yeah smtimes i trade from my underwater while u go out and have to kiss ass for a living
[2016-10-07 21:15:32] MrRGnome : The more your feathers get ruffled the more incoherent you become. Breathe buddy.
[2016-10-07 21:15:54] XMRer : lmao
[2016-10-07 21:18:14] rapidtrades : MrRGnome: ass breath
[2016-10-07 21:23:01] MrRGnome : Help! Someone! Mods! Grown ups! I'm being bullied!
[2016-10-07 21:27:27] Tetsuo : MrRGnome: u clearly chickened out fromt the bet, now u have to live wit the consequences
[2016-10-07 21:27:53] MrRGnome : I did? I'm still trying to get him to take the bet.
[2016-10-07 21:28:25] BTCDJS : Everybody be cool
[2016-10-07 21:28:37] BTCDJS : YOU be cool
[2016-10-07 21:30:03] Tetsuo : i´m cool as fukk after that last zcash long rape
[2016-10-07 21:33:48] Tetsuo : well, not really, my desk chair just broke down105 minutes ago and i´m (again) pretty drunk, no way i can trade through the next hours/days standing. it will take at least 5 days to get a new one, so FML
[2016-10-07 21:35:17] Tetsuo : i guess i have to continue drinking in the bathtub , see u soon
[2016-10-07 21:35:29] BTCDJS : Just drink more alcohol. It'll be fine
[2016-10-07 21:37:43] habibi : set up clear rules like "won't trade until i will be after 0.5 l of vodka" will be even better
[2016-10-07 21:39:24] BTCDJS : Don't listen to him. Drink at least 3/4 of a bottle and trade till you fall asleep drunk
[2016-10-07 21:39:49] Tetsuo : http://i68.tinypic.com/20st6wp.jpg
[2016-10-07 21:42:35] BTCDJS : That's easy to fix! Just screw the seat back on to the base
[2016-10-07 21:43:24] BTCDJS : Base plate
[2016-10-07 21:44:37] Tetsuo : lol, i guess now that looose screw i found under my feet 20 minutes ago makes sense! thanks, i´ll try it as soon as i´m sober
[2016-10-07 21:46:01] BTCDJS : Tetsuo: if you're short of screws just pick a matching few up at the hardware store
[2016-10-07 21:46:22] BTCDJS : Good as new
[2016-10-07 21:54:14] mjones : or else just duct tape
[2016-10-07 21:55:08] BTCDJS : Duct tape is good for a lot of things. But not this
[2016-10-07 21:57:10] micmix : BitMEX_Greg: you should allow users to decide if they want single/dual orderbook. I have a huge monitor with plenty of space, so 8 dp should not be a problem. Orderbook is resizable on advanced view.
[2016-10-07 21:58:13] BitMEX_Greg : micmix: Yeah we are trying to make it as easy as possible as a default. I'll bring it up with Sam again.
[2016-10-07 21:58:42] micmix : single column shows only 5 lvls, not usable for me
[2016-10-07 21:58:57] micmix : compared to 10 for dual
[2016-10-07 22:12:31] justinlooking : i discovered a new edge. will share with responsible regulars. msg me
[2016-10-07 22:15:35] REKT : Liquidated long on `XBJ24H`: Sell 20 @ 63672.0
[2016-10-07 22:19:25] habibi : hopefully okcoin pump bots will kick in within days
[2016-10-07 22:28:10] omicron : okc has pump bots? is this speculation?
[2016-10-07 22:30:17] Tetsuo : omicron: lol, plz stop trolling
[2016-10-07 22:32:42] omicron : im a new trader so i dont know shit so I half-believe everything on here
[2016-10-07 22:33:28] Tetsuo : almost all pumps in the last 2 years were due to okkcoin pump bots. If htey are on they pump the shit out of it
[2016-10-07 22:35:08] Tetsuo : when okkcoin starts to get a premium over huobi u know u should be in
[2016-10-07 22:35:39] omicron : wow, how much money should they have backing this scam? what if market sells into them? looks risky as fvck
[2016-10-07 22:36:28] Tetsuo : they have unlimited(digital numbers) money, it owrked plenty of times, almost like a clockwork
[2016-10-07 22:37:09] omicron : ah, so you are saying it doesnt matter if everyone else sells, they will buy and buy more because its all numbers in a db
[2016-10-07 22:37:53] Tetsuo : everyone will follow, until they decide it´s time for a crash, so u shouldn´t be too greedy
[2016-10-07 22:38:10] omicron : shit this is like penny stock
[2016-10-07 22:38:24] Tetsuo : they never changed their method, so if you can spot their pump bots u know how to behave
[2016-10-07 22:38:25] omicron : i guess they can do that because they are market leaders and bitmex cant
[2016-10-07 22:39:48] omicron : greed is a powerful drug
[2016-10-08 04:03:49] MrRGnome : bitcoin finally moving?
[2016-10-08 04:43:34] REKT : Liquidated long on `REP7D`: Sell 200 @ 0.01010
[2016-10-08 05:05:09] laisee : Weeekend pump
[2016-10-08 05:32:35] REKT : Liquidated long on `ETHXBT`: Sell 119 @ 0.02002
[2016-10-08 05:35:37] Tetsuo : eth weekend dump
[2016-10-08 05:37:07] REKT : Liquidated long on `ETHXBT`: Sell 29 @ 0.01977
[2016-10-08 06:40:49] laisee : follow liquidation events on twitter @RektBitmex
[2016-10-08 08:48:52] REKT : Liquidated long on `ETHXBT`: Sell 17 @ 0.01953
[2016-10-08 09:32:04] forextobtc : where is the expiry date? I am looking at the xbt and can only see the perpetual swap. is there another pair?
[2016-10-08 09:35:19] forextobtc : ??
[2016-10-08 09:37:58] forextobtc : Hello
[2016-10-08 09:38:35] forextobtc : Am I seeing this correctly? No future(7D, 2W) contracts for XBTUSD?
[2016-10-08 09:40:09] Tetsuo : only Bitcoin/Yen pair offers futures
[2016-10-08 09:41:25] forextobtc : Tetsuo, thanks. Guess I might have to look elsewhere. :(
[2016-10-08 09:48:06] forextobtc : What is the deal with the swaps? Charged at time mentioned or according to hours held at the time of swap charge?
[2016-10-08 09:50:10] BitMEX_Arthur : forextobtc: https://www.bitmex.com/app/swapsGuide
[2016-10-08 09:50:21] BitMEX_Arthur : read that to learn about the swaps
[2016-10-08 09:58:04] forextobtc : Got it. Thanks.
[2016-10-08 10:29:34] migz : So stop limit doesnt work here either if there is a price crashed. Liquidation overpowers your stoploss. Be very careful, stie is ripoff.
[2016-10-08 10:37:24] migz : so bitmex gets all your money when you are liquidated on a position rather than selling your position at the orderbook. They are forced to sell way below order. wtth
[2016-10-08 10:48:22] BitMEX_Wally : migz: Stop orders only work if there is time for them to be triggered, go through the risk checks, be activated, and then match against the order book. In this case the mark price gapped down past the stop price and put the position into liquidation before the stop order could trigger
[2016-10-08 11:01:11] forextobtc : Fee structure link?
[2016-10-08 11:02:24] BitMEX_Wally : https://www.bitmex.com/app/fees
[2016-10-08 11:03:37] habibi : i guess zcash fee will be normalized after start
[2016-10-08 11:03:38] habibi : ?
[2016-10-08 11:47:46] Bacon futures trader : When u add margin to a certain position does it reduce the funding rate?
[2016-10-08 11:56:23] Kalman : Bacon futures trader: Does the funding rate depend on the leverage?
[2016-10-08 11:58:16] Bacon futures trader : I don't think so
[2016-10-08 11:58:38] Bacon futures trader : Well I can't really find it in the contract details
[2016-10-08 12:00:50] BitMEX_Wally : The funding rate is the same for everyone
[2016-10-08 12:01:08] BitMEX_Wally : If the funding rate is positive, it is paid from longs to shorts
[2016-10-08 12:16:32] REKT : Liquidated short on `XMR7D`: Buy 2432 @ 0.011429
[2016-10-08 12:18:43] forextobtc : BitMEX_Wally: Funding %age is given on the position size correct?
[2016-10-08 12:18:52] forextobtc : /taken
[2016-10-08 12:20:52] BitMEX_Wally : Yes
[2016-10-08 12:21:36] forextobtc : Cool. Thanks.
[2016-10-08 13:38:29] mjones : that sucks. xmr alarm went off so i woke up and sold and went back to bed. just looked and i sold at the very bottom
[2016-10-08 13:42:01] Velancry : btc crash inc
[2016-10-08 14:09:30] RocketScience : why?
[2016-10-08 14:10:03] RocketScience : btc crashes upwards towards the gravity of the sun god
[2016-10-08 14:32:33] Velancry : the sugar rush is ending
[2016-10-08 17:09:07] REKT : Liquidated long on `XBJ7D`: Sell 4000 @ 63737.0
[2016-10-08 17:24:45] RocketScience : so ominous
[2016-10-08 20:08:10] zanza : can anyone link historical XBT funding rates?
[2016-10-08 20:08:53] Kalman : https://www.bitmex.com/app/fundingHistory
[2016-10-08 20:09:25] Kalman : 13pJNiej7XTketES5ydNY1G8DiHBpvitag
[2016-10-08 21:26:30] justinlooking : keyboard shortcuts for siwtching contracts would be nice
[2016-10-08 21:27:02] justinlooking : keyb shortcuts in general would be good
[2016-10-08 22:30:48] hazir : hey, what is the meaning of orderID 00000?
[2016-10-08 22:42:39] justinlooking : it should be n/a i guess. is presumably result of null cast
[2016-10-08 22:56:48] hazir : what's a null cast?
[2016-10-08 22:56:52] hazir : thanks!
[2016-10-08 22:57:34] hazir : i'm not sure what's going on. it's my first time on bitmex, and that's the orderID that dumped my contracts on the market without me doing it
[2016-10-08 22:58:23] justinlooking : cast is type conversion
[2016-10-08 22:59:56] BitMEX_Sam : hazir: Look at the `Text` column.
[2016-10-08 23:00:06] BitMEX_Sam : You also received an email notification.
[2016-10-08 23:00:14] hazir : ok
[2016-10-08 23:00:43] BitMEX_Sam : An empty order ID is used for non-user stub orders, like liquidations, deleverages and settlements.
[2016-10-08 23:01:03] justinlooking : and funding
[2016-10-08 23:05:09] hazir : ok, i got the email
[2016-10-08 23:06:26] hazir : how could i have prevented this from happening? dose it happen often? i guess Zcash futures are more prone to it as there's little activity?
[2016-10-08 23:30:49] Sqrl : lol
[2016-10-08 23:42:00] hazir : yeah...
[2016-10-08 23:43:16] hazir : i didn't know being very profitible puts you in danger of liquidation. now i know. live and noob learn
[2016-10-09 00:06:56] hazir : ahhhhhhhhh
[2016-10-09 00:14:11] hazir : ok now i get it
[2016-10-09 03:08:02] REKT : Liquidated long on `XBJ24H`: Sell 80 @ 63632.0
[2016-10-09 04:26:34] windoze : hazir: were you long or short?
[2016-10-09 04:29:14] omicron : how is the first week of ADL? anyone here got hit?
[2016-10-09 04:44:44] hazir : windoze: i was long since 0.080
[2016-10-09 04:45:35] hazir : I suck.should of figured this out
[2016-10-09 04:47:39] hazir : Got liquidated at 0.097 while the market price is around 0.150 for my ignorance
[2016-10-09 05:20:05] zen : What causes that? I still haven't figured it out.
[2016-10-09 05:45:46] omicron : ADL bro, you bitches complained so much about DPE, they decided to change it
[2016-10-09 06:13:20] BTCDJS : Yeah bitches. So just stop complaining and lose your money like a man
[2016-10-09 06:16:11] BTCDJS : And use stop losses ffs. It's called risk management
[2016-10-09 06:17:21] BTCDJS : And if you're going 50x, you deserve to be liquidated
[2016-10-09 06:18:00] Codychaosx@gmail.com : Yeah!
[2016-10-09 06:18:14] Codychaosx@gmail.com : If you are gna gamble like that go bet on sports!
[2016-10-09 07:10:20] zanza : XBT is inverse now right, no longer quanto ?
[2016-10-09 07:56:08] hazir : Man, i was using 0 leverage. Got liquidated as i was igonrant of the regulation that liquidates a position for some of the most profitable in a market to keep the market safe of something i dont totaaly understand. It is my bad, but it's a bummer. I wish i would of got a notification when i entered the Danger Zone
[2016-10-09 07:56:32] Pepeo : Czesc
[2016-10-09 07:57:14] hazir : Didnt lose money, thankfully. Nice liquid day....to you sir
[2016-10-09 08:27:32] Pepeo : Hello How are you
[2016-10-09 11:22:18] justinlooking : wow that was a lot flashing
[2016-10-09 11:38:21] REKT : Liquidated long on `XRP7D`: Sell 1000000 @ 0.00001 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-10-09 12:34:34] REKT : Liquidated long on `REP7D`: Sell 1100 @ 0.01026
[2016-10-09 12:37:10] michiel_kaas : Yo, how the hack does this work
[2016-10-09 12:37:19] michiel_kaas : I wan't to buy some Zcash
[2016-10-09 12:49:28] justinlooking : u cannot buy zcash
[2016-10-09 12:49:52] justinlooking : but u can trade zec's price using btc
[2016-10-09 13:01:50] michiel_kaas : Yeah how do I do that
[2016-10-09 13:02:04] michiel_kaas : I understand how you deposit bitcoins now...
[2016-10-09 13:02:15] michiel_kaas : But where is the trade part
[2016-10-09 13:03:10] justinlooking : https://www.bitmex.com/app/trade/ZECZ16
[2016-10-09 13:03:56] michiel_kaas : Yeah I got that, where are the trades?
[2016-10-09 13:04:13] justinlooking : what do you mean?
[2016-10-09 13:04:16] justinlooking : recent trades
[2016-10-09 13:04:23] justinlooking : orderbook
[2016-10-09 13:04:29] justinlooking : or the ticket to enter a trade?
[2016-10-09 13:05:04] michiel_kaas : I just wan't a trade :/
[2016-10-09 13:05:19] michiel_kaas : Ooh wait
[2016-10-09 13:05:25] michiel_kaas : now I got something
[2016-10-09 13:05:49] justinlooking : rekt incoming guys
[2016-10-09 13:06:57] michiel_kaas : How much euro is 1 ZEC?
[2016-10-09 13:07:02] michiel_kaas : or dollar
[2016-10-09 13:07:48] justinlooking : 0.1469 btc, so ~ 90 usd
[2016-10-09 13:07:59] michiel_kaas : Wtf so expensive
[2016-10-09 13:08:06] michiel_kaas : Did not expect that
[2016-10-09 13:09:32] michiel_kaas : Can't you buy 0,1 ZEC?
[2016-10-09 13:10:11] justinlooking : not atm
[2016-10-09 13:10:15] justinlooking : keep in mind
[2016-10-09 13:10:21] michiel_kaas : :/
[2016-10-09 13:10:27] justinlooking : it is z16 future
[2016-10-09 13:10:45] michiel_kaas : Do you think the price will still rise?
[2016-10-09 13:11:00] justinlooking : and market reflects sentiment of price when it expires in z16
[2016-10-09 13:11:21] justinlooking : i have nfi sry
[2016-10-09 13:11:27] michiel_kaas : Hmm
[2016-10-09 13:11:47] michiel_kaas : One more question is there a mining profit calculator available
[2016-10-09 13:12:07] michiel_kaas : I wan't to buy a cloud mining contract, but I don't know how much I will make
[2016-10-09 13:13:34] justinlooking : again nfi - don't see how u could predict difficulty well enough to make any meaningful judgement from a calculator
[2016-10-09 13:14:10] michiel_kaas : :/
[2016-10-09 13:30:48] MrRGnome : Any admins around, the same admins who promised forced closures of profitable positions (which they refuse to call liquidations) would happen so infrequently that all the complaints were theoretical and would stop within days? Scrolling up I see some well deserved complaints and some legitimate confusion from people forced out of profitable positions.
[2016-10-09 13:32:45] BitMEX_Wally : The only cases of ADL have been on ZECZ16, which are due to the wild price swings
[2016-10-09 13:34:21] BitMEX_Wally : The day before we enabled DPE there was a 31% DPE rate on ZECZ16
[2016-10-09 13:34:38] BitMEX_Wally : I mean before we enabled ADL
[2016-10-09 13:35:13] XMRer : you guys should just quit fucking with people's positions unless its a margin call because of losses
[2016-10-09 13:35:26] XMRer : fugging with people's positions
[2016-10-09 13:35:29] MrRGnome : No kidding, ADL due to price swings who would have imagined. Please reconsider how complex and opaque your platform currently is for the average user. As you can see from reading above despite all your fantastic work in making the market more sohpisticated you haven't made it very intuitive or accessible at all.
[2016-10-09 13:35:30] BitMEX_Wally : XMRer: That is exactly what we do
[2016-10-09 13:35:48] BitMEX_Wally : XMRer: Only if there are liquidations and a system loss do we close out the other side
[2016-10-09 13:36:46] lockhedge : BitMEX_Wally: could you publish ADL events somewhere (you used to publish DPE events as well), imho it would reduce the fear of ADL if it's more transparent
[2016-10-09 13:37:07] justinlooking : ^+1
[2016-10-09 13:37:35] MrRGnome : I wish we had public numbers for the insurance of each market so ADL is more anticipated. I'm working on a script right now, but it's working with incomplete information
[2016-10-09 13:38:47] BTCana : any good trades to take ?
[2016-10-09 14:44:56] michiel_kaas : Is the zcash wallet fully terminal made?
[2016-10-09 14:44:59] michiel_kaas : No GUI verison?
[2016-10-09 14:51:27] BitMEX_Sam : It's a fork of the bitcoin project so I believe there is or will be a Qt wallet soon
[2016-10-09 15:01:15] michiel_kaas : Aight
[2016-10-09 15:19:18] hazir : It would REALLY be a big improvement if people in danger of ADL would get a notification! Or email. Then there would be no grudges. I realize an extremely illiquide market being live at all ,for zcash is why i got a cool profit in the first placr, i know its not my bitch!. People just need to know wtf's going on. I would of sold it off myself happily . please add some flashing light's to this ADL !### thank you!!#####
[2016-10-09 15:22:16] hazir : Is that apossible or would it mesd up the market?
[2016-10-09 15:22:32] hazir : *mess
[2016-10-09 15:22:48] hazir : *possible....
[2016-10-09 15:51:30] BitMEX_Sam : hazir: There is an indicator right next to the last price.
[2016-10-09 15:51:59] BitMEX_Sam : In general you get a better price if you are deleveraged than you would get at market so there's not much point in selling off early.
[2016-10-09 15:55:34] REKT : Liquidated short on `REP7D`: Buy 400 @ 0.01097
[2016-10-09 16:24:36] sleger : yes the point is that by realizing profit you lower your place in the queue and are therefore less likely to get ADL'ed @BitMEX_Sam
[2016-10-09 16:26:35] REKT : Liquidated long on `ETHXBT`: Sell 80 @ 0.01961
[2016-10-09 16:35:02] REKT : Liquidated short on `REP7D`: Buy 1350 @ 0.01139
[2016-10-09 21:21:34] REKT : Liquidated long on `REP7D`: Sell 90 @ 0.011703
[2016-10-09 21:45:19] Rado : chat is dead
[2016-10-09 21:45:40] Rado : 450 users apparently just lurk in here
[2016-10-09 21:52:18] cryptobull : we trade here & troll on polo :P
[2016-10-09 21:58:50] BitMEX_Sam : Hah yes, the Polo Trollbox earns the name
[2016-10-09 22:21:06] REKT : Liquidated long on `XRP7D`: Sell 7000 @ 0.00001207
[2016-10-09 23:08:05] Tetsuo : Trolling on polo gets you a lifetime ban within 5 minutes.
[2016-10-09 23:54:25] XXXX : I have three green bars on my long ZECZ16 position. what are the chances of this so called "rare event" of ADL. I don't want to close my long position. I have more than enough funds available and have liquidation price of Zero. What can I do to stop my long position being closed. And if ADL close my long position what is the guarantee that I can reopen my long position at the ADL closed price again. if I cant reopen my long positions at the same closed price how this is not socialising the losses?
[2016-10-09 23:58:00] Tetsuo : better close soon
[2016-10-09 23:58:44] XXXX : To add clarification to the above post, I am in profit and the only way ADL close my long position is to make me realise profit. As said I have more than enough BTC funds to stay long even if the price of ZECZ16 goes to zero.
[2016-10-09 23:59:47] XXXX : Tetsuo: why should I close it. i am at palsy 13% unrealised profit. I dont want to close it as I expect ZECZ16 to reach parity with BTC.
[2016-10-10 00:01:31] BitMEX_Sam : XXXX: Three bars means you're quite far away. However ZECZ is a very speculative product so it is possible that large liquidations could occur.
[2016-10-10 00:02:35] Tetsuo : zcash is an ultra non-liquid market, there are long and short squeezes happenin all the time, 50%+
[2016-10-10 00:02:53] BitMEX_Sam : Re: comparisons with socialized losses, it is similar in that it is a loss recovery mechanism but it is more targeted. You're long - if the price goes up enough to cause large liquidations, you will be medium-low priority because all the other longs will also be in profit. In that case so long as your leverage is low you are doing as much as you can.
[2016-10-10 00:05:09] XXXX : BitMEX_Sam: ok Thanks.
[2016-10-10 00:11:53] miramm1115 : BitMEX_Sam: does ADL indicator work correctly for cross margin? my effective leverage is very low but it shows that my position will be de-leveraged (all bars lit)
[2016-10-10 00:13:05] miramm1115 : even for XMR position that according to your formula has effective leverage of 0.05x
[2016-10-10 00:27:06] AudibleScience : where does the index price feed come from on Zcash, because it is not trading on polo yet is it??
[2016-10-10 00:40:47] BitMEX_Sam : miramm1115: It's a combination of leverage & weighted profit vs. all other traders
[2016-10-10 00:40:57] BitMEX_Sam : AudibleScience: This is the only ZCash market so it's marked to Last Price
[2016-10-10 00:47:29] miramm1115 : BitMEX_Sam: I'm not sure it's working correctly. I have ETH long that can't be liquidated at all and I'm at the top of the ranking? How is it possible?
[2016-10-10 00:53:06] miramm1115 : It's hard to believe that all other ETH longs use leverage lower than 0.2x and have profit less than 0.36%
[2016-10-10 00:54:43] miramm1115 : same with my XBT short, it has liquidation price of infinity and you still have me at the top of the ranking?
[2016-10-10 00:55:42] BitMEX_Jinming : miramm1115: The indicator is an estimate which uses the current unrealisedPnl and the leverage to determine the ranking. You are one of the few long ETHXBT holders that have unrealised profit, that's why you are on top.
[2016-10-10 00:59:07] BitMEX_Jinming : miramm1115: But in reality the price has to increase a lot for longs to get deleveraged, and by that time the ranking can be different. We will improve the ranking estimation soon to make it more realistic.
[2016-10-10 01:03:50] miramm1115 : BitMEX_Jinming: ok, I see. yeah, maybe don't light up all bars if probability of ADL is really low, it scares people ;-)
[2016-10-10 01:07:38] rapidtrades : rly ppl...building premium again?
[2016-10-10 01:07:46] rapidtrades : it's like i haven't paid enough already
[2016-10-10 01:14:54] Tetsuo : cheap coins won´t last forever!
[2016-10-10 01:16:12] rapidtrades : it's prolly that idiot Gnome buying 4DmoonZ
[2016-10-10 01:58:09] MrRGnome : Oh rapid, I'm glad you think of me when I'm not around. Gives me warm fuzzies
[2016-10-10 01:58:41] rapidtrades : screw u
[2016-10-10 02:00:42] MrRGnome : Hey don't get mad at me, I'm not trading zcash I'm short rep atm.
[2016-10-10 02:04:43] Tetsuo : i´m glad that i´m finished building up my BTC/YEN quarterly longs in here, seems like mm is out of "coins"
[2016-10-10 02:05:56] rapidtrades : dam that's a big spread
[2016-10-10 02:07:43] Tetsuo : 6000 on total @ask side for a few hours now
[2016-10-10 02:08:46] Tetsuo : Last words before i go to bed: "DIE ETH DIE"
[2016-10-10 02:16:36] rapidtrades : lol 616
[2016-10-10 02:17:59] omicron : damn thats a nice move up btc. i should have grabbed it by the pussy
[2016-10-10 02:21:53] rapidtrades : omicron: You're presidential material my friend
[2016-10-10 02:22:01] XMRer : place is worse than a casino lol
[2016-10-10 02:28:03] rapidtrades : a $22 premium on okc futures seems too high considering we're barely moving higher
[2016-10-10 02:30:00] omicron : rapidtrades: Yea, I made a bitch move but was rejected
[2016-10-10 02:30:33] omicron : Would be awesome if Trump gets elected. Hopefully some of the sex harassement laws will get repealed
[2016-10-10 02:30:33] rapidtrades : omicron: clearly u need to get famous
[2016-10-10 02:30:52] omicron : Yea, when Im a winner they will let me do anything
[2016-10-10 02:31:04] omicron : right now Im a loser trading crypto on bitmex
[2016-10-10 02:35:52] Dtrade16 : Hi guys, can you fund on Bitmex?
[2016-10-10 02:36:08] Dtrade16 : Like, make loans?
[2016-10-10 02:36:40] rapidtrades : no we're kosher here
[2016-10-10 02:37:38] Dtrade16 : What are the Perpetual Swaps then?
[2016-10-10 02:37:42] Dtrade16 : Thanks
[2016-10-10 02:37:48] BitMEX_Sam : Dtrade16: Our swaps emulate lending in some aspects - see https://www.bitmex.com/app/swapsGuide
[2016-10-10 02:38:48] rapidtrades : Trump didn't do as bad tonight imp
[2016-10-10 02:39:21] rapidtrades : although it would be hard to wreck urself more then that tape did
[2016-10-10 02:39:53] Dtrade16 : BitMEX_Sam: Thanks
[2016-10-10 02:40:05] Dtrade16 : BitMEX_Sam: Know what the rates are by any chance?
[2016-10-10 02:42:55] Dtrade16 : This is sort of confusing
[2016-10-10 02:45:17] BitMEX_Sam : Dtrade16: You can see historical rates at https://www.bitmex.com/app/fundingHistory
[2016-10-10 02:45:36] BitMEX_Sam : You can see current & predicted future rates in the sidebar of the trade screen
[2016-10-10 02:46:00] omicron : basically if the rates are +ve you should sell and if they are -ve you should buy to earn funding
[2016-10-10 02:46:17] XMRer : Sam how often are btc withdrawal processed?
[2016-10-10 02:46:46] BitMEX_Sam : XMRer: Daily at 13:00 UTC
[2016-10-10 02:46:52] BitMEX_Sam : See https://www.bitmex.com/app/withdraw
[2016-10-10 02:46:58] XMRer : why once a day?
[2016-10-10 02:47:05] BitMEX_Sam : And https://www.bitmex.com/app/security#Wallet-Security
[2016-10-10 02:47:11] BitMEX_Sam : Because 100% of our funds are offline multisig
[2016-10-10 02:47:19] Dtrade16 : I don't get what this is exactly. How does this differ from, say, me lending you money at a specified interest rate for a specified amount of time?
[2016-10-10 02:47:46] rapidtrades : u don't get to set the rate
[2016-10-10 02:47:52] BitMEX_Sam : So were not comfortable with hot wallets and even the state of the art of hot/cold mixes when we designed our wallets, so we opted for security over convenience and we manually review all transactions.
[2016-10-10 02:48:02] XMRer : What is the day before someone wants to get their BTC out but can't and the next day BTC prices tanks?
[2016-10-10 02:48:18] omicron : XMRer: then you're fvcked
[2016-10-10 02:48:21] XMRer : wha
[2016-10-10 02:48:46] XMRer : That once 1 day policy needs to change
[2016-10-10 02:48:48] omicron : but bitmex is btc only, so it doesnt matter unless you planned to sell it on a spot exchange
[2016-10-10 02:48:56] BitMEX_Sam : XMRer: It's simply a property of the system. We chose it as a positive tradeoff between losing 36%+ of your funds due to a hack
[2016-10-10 02:48:57] rapidtrades : XMRer: not rly
[2016-10-10 02:49:06] XMRer : of
[2016-10-10 02:49:09] omicron : lol 36%
[2016-10-10 02:49:15] omicron : nice dig at bfx there
[2016-10-10 02:49:16] XMRer : that's bullshit sam
[2016-10-10 02:49:22] rapidtrades : they lost 50% actually
[2016-10-10 02:49:27] rapidtrades : well 48%
[2016-10-10 02:49:31] XMRer : you should process at least 2 or 3 times a day
[2016-10-10 02:49:37] rapidtrades : u can't really lose fiat, lucky for buttfinex
[2016-10-10 02:49:39] BitMEX_Sam : Every major Bitcoin exchange has been hacked, we have not - we are unique in our commitment to offline wallets
[2016-10-10 02:49:56] XMRer : what does that has to do with you not processing 2 or 3 times a day?
[2016-10-10 02:50:04] BitMEX_Sam : XMRer: We would, but we only trust our wallet custodianship to our partners, and it requires a majority of partners to process
[2016-10-10 02:50:05] rapidtrades : most ppl would say that the a lot of the 'hacks' weren't really hacks tho
[2016-10-10 02:50:27] BitMEX_Sam : We are distributed around the world, it would be onerous for all of us to arrange times 3x a day to process withdrawals.
[2016-10-10 02:50:29] Dtrade16 : rapidtrades: Insiders?
[2016-10-10 02:50:56] XMRer : doesn't matter Sam. People should have access to their funds more than once a day
[2016-10-10 02:50:58] Dtrade16 : BitMEX_Sam: That's amazing that you guys have never been hacked
[2016-10-10 02:51:11] omicron : offline storage gives me peace of mind. but im guessing this is not scalable
[2016-10-10 02:51:12] XMRer : its bullshit
[2016-10-10 02:51:15] Dtrade16 : BitMEX_Sam: Guess you are fed if BTC does tank though
[2016-10-10 02:51:16] BitMEX_Sam : XMRer: It's the tradeoff we've made, if you don't like it you are free to trade elsewhere
[2016-10-10 02:51:20] rapidtrades : XMRer: dude plz
[2016-10-10 02:51:37] BitMEX_Sam : We have chosen security over convenience because holding Bitcoin as an exchange is extremely dangerous.
[2016-10-10 02:51:39] XMRer : plz what?
[2016-10-10 02:51:47] rapidtrades : XMRer: stop
[2016-10-10 02:52:00] XMRer : ignore me rapidtrades
[2016-10-10 02:52:10] XMRer : This is a bullshit policy
[2016-10-10 02:52:26] XMRer : i think i will find someone else to trade at. SAMMY
[2016-10-10 02:52:31] omicron : BitMEX_Sam: what you gonna do if you have 5x more users in 6 months? still process everything manually?
[2016-10-10 02:52:34] BitMEX_Sam : Adios XMRer
[2016-10-10 02:52:36] Dtrade16 : BitMEX_Sam: Why does there have to be several people that handle payments?
[2016-10-10 02:52:43] XMRer : fuck you bitch
[2016-10-10 02:53:01] XMRer : pu$$y motherfucker
[2016-10-10 02:53:04] rapidtrades : well that escalated quickly
[2016-10-10 02:53:18] XMRer : bitch a$$...
[2016-10-10 02:53:26] Dtrade16 : XMRer: dude chill out
[2016-10-10 02:53:27] omicron : xmrer are you a new user here?
[2016-10-10 02:53:38] XMRer : fuckkk sam.
[2016-10-10 02:53:43] Dtrade16 : XMRer: What's with all the insults?
[2016-10-10 02:53:53] XMRer : his smart fugging mouth
[2016-10-10 02:54:00] XMRer : i'll bust him in it
[2016-10-10 02:54:10] rapidtrades : he just said adios lol
[2016-10-10 02:54:11] Dtrade16 : XMRer: It's his platform bro, he doesn't have to do anything
[2016-10-10 02:54:22] XMRer : fug him and his platform
[2016-10-10 02:54:33] XMRer : coward a%% bitch
[2016-10-10 02:54:38] rapidtrades : yeah it was a bit unprofessional reply but ur overreacting :)
[2016-10-10 02:54:55] BitMEX_Sam : Congratulations, it takes a lot for me to ban a user but you're fit the bill.
[2016-10-10 02:55:26] rapidtrades : I was first to get banned here though
[2016-10-10 02:55:40] Dtrade16 : How the hell do you get banned on here? Lol
[2016-10-10 02:55:47] BitMEX_Sam : Dtrade16: We require a majority of partners for trust reasons - if any single partner had full access to the wallets, that partner could steal all customer deposits.
[2016-10-10 02:56:06] BitMEX_Sam : Essentially we are insulating ourselves from inside "hacks" as well.
[2016-10-10 02:56:10] Dtrade16 : So what Sam?
[2016-10-10 02:56:15] omicron : BitMEX_Sam: by "if any single partner" you mean arthur right? just kidding
[2016-10-10 02:56:23] Dtrade16 : You're saying people don't steal collectively?
[2016-10-10 02:56:26] BitMEX_Sam : Dtrade16: You had asked why a majority of partners was required - that's why
[2016-10-10 02:56:28] Dtrade16 : This is a business
[2016-10-10 02:56:45] rapidtrades : how many partners are there..i thought Arthur owned this joint
[2016-10-10 02:56:59] omicron : Yes, they could all just disappear to Argentina with all the dough
[2016-10-10 02:56:59] BitMEX_Sam : In any organization, if the majority of the leadership wants to steal the money, that will always be possible. We eliminate the possibility of a single rogue partner
[2016-10-10 02:57:01] Dtrade16 : BitMEX_Sam: I see
[2016-10-10 02:57:06] BitMEX_Sam : There are three of us, me, Arthur, & Wally
[2016-10-10 02:57:24] rapidtrades : I thought u were employees?
[2016-10-10 02:57:29] BitMEX_Sam : Nope.
[2016-10-10 02:57:36] rapidtrades : well well....
[2016-10-10 02:57:39] omicron : So if 2 of 3 need to sign, then you could rotate and process withdrawal 2x a day
[2016-10-10 02:57:43] BitMEX_Sam : I'm CTO, Wally's COO, Arthur's CEO, but we're all equal partners.
[2016-10-10 02:58:08] Dtrade16 : BitMEX_Sam: The thing is, doesn't really matter if there's 3 or 1
[2016-10-10 02:58:11] rapidtrades : no CSO?
[2016-10-10 02:58:12] Dtrade16 : Do you know what I mean?
[2016-10-10 02:58:13] BitMEX_Sam : omicron: Technically yes, and we sometimes do process withdrawals more often, but we don't guarantee more than 1x a day because we often travel or have other commitments
[2016-10-10 02:58:17] BitMEX_Sam : Dtrade16: Yes, it does
[2016-10-10 02:58:30] rapidtrades : or as Buttfinex Phil likes to call it 'the strategy guy'
[2016-10-10 02:58:31] BitMEX_Sam : There is a difference between a single partner choosing to make off with customer funds, and the entire organization agreeing to it
[2016-10-10 02:58:40] BitMEX_Sam : rapidtrades: Yes that's a very valuable position.
[2016-10-10 02:58:45] BitMEX_Sam : Send us your resume.
[2016-10-10 02:58:51] omicron : lol
[2016-10-10 02:59:06] omicron : Chief Strategery officer
[2016-10-10 02:59:13] Dtrade16 : BitMEX_Sam: But you said there's only 3 people?
[2016-10-10 02:59:37] omicron : they got jinming and the other guy
[2016-10-10 02:59:43] omicron : greg
[2016-10-10 02:59:49] Dtrade16 : BitMEX_Sam: 3 people can steal if they want to
[2016-10-10 02:59:51] BitMEX_Sam : Dtrade16: Three partners, we have more employees
[2016-10-10 03:00:07] rapidtrades : BitMEX_Sam: when did u become a partner?
[2016-10-10 03:00:08] BitMEX_Sam : Wallet keys are distributed among partners only, employees have no access whatsoever.
[2016-10-10 03:00:12] BitMEX_Sam : rapidtrades: Since the very beginning.
[2016-10-10 03:00:18] BitMEX_Sam : I've been here since early 2014.
[2016-10-10 03:00:56] Dtrade16 : BitMEX_Sam: Sam, you policy is based on the fact that the more people, the more trust. But would you agree that 3 people isn't much different from 1?
[2016-10-10 03:01:02] Dtrade16 : Like 3 main people
[2016-10-10 03:01:13] rapidtrades : Dtrade16: it only takes 2 to clear though
[2016-10-10 03:01:18] omicron : Also there is risk of kidnapping and shit
[2016-10-10 03:01:26] BitMEX_Sam : Dtrade16: I would not agree whatsoever that 3 is no different than 1
[2016-10-10 03:01:30] omicron : once bitmex controls as much coin as bfx used to
[2016-10-10 03:01:42] BitMEX_Sam : 3 is, by definition, 3x more than 1 and thus significantly different.
[2016-10-10 03:02:00] rapidtrades : BitMEX_Sam: doesn't it only take 2 to move coins?
[2016-10-10 03:02:11] omicron : hong kong thugs could kidnap a couple of partners, hit them with a wrench and boom .... coins are gone
[2016-10-10 03:02:15] rapidtrades : cos that's a majority
[2016-10-10 03:02:21] BitMEX_Sam : Yes - but the point is that there is a very significant difference between a single rogue partner being able to steal customer funds, and a majority
[2016-10-10 03:02:41] rapidtrades : tbf a majority of two ain't that secure either
[2016-10-10 03:02:46] omicron : again, when you say "single rouge partner" is that arthur?
[2016-10-10 03:03:00] Dtrade16 : BitMEX_Sam: I strongly disagree
[2016-10-10 03:03:01] omicron : who is the rouge among you
[2016-10-10 03:03:12] Dtrade16 : A business is built on trust, if it's bad it's bad, if it's good it's good
[2016-10-10 03:03:22] Dtrade16 : Don't matter how many people are involved
[2016-10-10 03:03:28] rapidtrades : omicron: yeah i wanna know who's the rouge as well
[2016-10-10 03:03:38] BitMEX_Sam : If you have a strategy for preventing a majority of the partners from stealing from a company, any company at all, I'm all ears
[2016-10-10 03:03:38] Dtrade16 : You think 100 people own a bank?
[2016-10-10 03:03:46] Dtrade16 : No, it's like 1 or 2 guys
[2016-10-10 03:03:53] rapidtrades : out of the 3 of you, who looks the most shifty?
[2016-10-10 03:03:57] omicron : why dont you just not give arthur the keys if he is the rouge
[2016-10-10 03:04:06] rapidtrades : ^^^
[2016-10-10 03:04:14] rapidtrades : omicron has the right idea
[2016-10-10 03:04:31] Dtrade16 : BitMEX_Sam: I do, let one guy run the show and built his brand by proving his track record
[2016-10-10 03:04:43] messiaen8844 : bitmex offline security is great IMO, clever idea and so simple...
[2016-10-10 03:04:46] Dtrade16 : How else do businesses get built?
[2016-10-10 03:05:09] BitMEX_Sam : Exchanges are very complicated products. It takes much more than a single person to build
[2016-10-10 03:05:17] Dtrade16 : It's not because one business has 3 owners and the other has 1. People don't even interact with owners
[2016-10-10 03:05:28] omicron : i think 3 of 3 is more secure. obviously then arthur can't beat wally with a wrench and run with money because wally and sam together may overpower him
[2016-10-10 03:05:37] BitMEX_Sam : When a single person builds an exchange, you end up with Gox or Bitfloor
[2016-10-10 03:06:19] omicron : whatever you do, you cant give the keys to greg. he's unpredictable
[2016-10-10 03:07:08] omicron : i agree. offline is a great idea
[2016-10-10 03:07:15] omicron : peace of mind
[2016-10-10 03:07:19] rapidtrades : he need a rouge futures contract
[2016-10-10 03:07:37] rapidtrades : one for each partner....trades from 0-100
[2016-10-10 03:09:08] Dtrade16 : This exchange is good, until something goes wrong and BTC free falls
[2016-10-10 03:09:37] Dtrade16 : Then you're absolutely fded
[2016-10-10 03:12:15] rapidtrades : how are u f*cked...u can hedge
[2016-10-10 03:12:39] rapidtrades : plus noone is forcing u to put 100% here....that's why u have leverage
[2016-10-10 03:13:19] Dtrade16 : I see
[2016-10-10 03:13:36] Dtrade16 : Is hedging worth the trade off?
[2016-10-10 03:13:58] Dtrade16 : I don't really understand futures trading that much
[2016-10-10 03:14:57] Dtrade16 : I guess when you purchase a futures contract, you are saying something is either going up or down, right?
[2016-10-10 03:15:01] jose : easy, you buy 10 BTC at 600 you sell them at 650 in 3 month future, you make 50*10 over 3 months
[2016-10-10 03:16:04] Dtrade16 : I understand the concept
[2016-10-10 03:16:23] Dtrade16 : But I don't know how to execute an order
[2016-10-10 03:17:23] rapidtrades : well if u have 10 btc here u can sell 10 btc....thus ur hedged
[2016-10-10 03:17:48] Dtrade16 : Like, someone just made a trade at 616.07
[2016-10-10 03:17:55] Dtrade16 : 150 usd
[2016-10-10 03:18:02] Dtrade16 : What does that mean?
[2016-10-10 03:18:11] Dtrade16 : Is that just a regular sell order?
[2016-10-10 03:18:34] rapidtrades : u sold 150 usd worth of BTC
[2016-10-10 03:19:00] Dtrade16 : Where do you trade futures contracts then?
[2016-10-10 03:19:15] jose : not here :D
[2016-10-10 03:19:30] rapidtrades : the swap is kinda a futures contract....that never matures
[2016-10-10 03:20:33] Dtrade16 : How do you execute a swap?
[2016-10-10 03:20:38] jose : a swap is totally different in fact... if you think the price will go up, you buy, if you think it goes down, you sell
[2016-10-10 03:20:53] jose : buy low, sell high
[2016-10-10 03:21:27] jose : buy at 600 sell at 650, earn 50
[2016-10-10 03:21:57] Dtrade16 : Ok
[2016-10-10 03:22:05] micmix : BitMEX_Sam: hey Sam, are you still here? have a question about the account page
[2016-10-10 03:22:28] jose : dont play more than what you can afford to loose, start small, you are going to loose everythimg the first time, and the second also
[2016-10-10 03:22:40] Dtrade16 : What do you guys think of poloniex?
[2016-10-10 03:23:15] Dtrade16 : jose: Yah true
[2016-10-10 03:23:20] Dtrade16 : I don't trade much
[2016-10-10 03:23:28] jose : poloniex is ok
[2016-10-10 03:23:40] Dtrade16 : Specially if I don't know what the item is
[2016-10-10 03:23:50] rapidtrades : really rubs me the wrong way how we have 10 shitcoins and no quanto
[2016-10-10 03:23:57] Dtrade16 : Is it safe you think?
[2016-10-10 03:24:00] jose : rememeber to not put too much money in 1 exchange, something can go wrong and it will
[2016-10-10 03:24:05] rapidtrades : 1 of this shitcoins IS NOT EVEN OUT YET
[2016-10-10 03:24:12] Dtrade16 : They did get hacked but I think they paid users back right?
[2016-10-10 03:24:25] Dtrade16 : Yah
[2016-10-10 03:24:26] rapidtrades : and one is a fake debt token convertible to fake shares
[2016-10-10 03:24:46] Dtrade16 : What do you mean fake shares?
[2016-10-10 03:24:51] Dtrade16 : How are the shares fake?
[2016-10-10 03:25:08] rapidtrades : as in, they're not real shares
[2016-10-10 03:25:27] Dtrade16 : You're talking about BFX right?
[2016-10-10 03:25:33] rapidtrades : yes
[2016-10-10 03:25:41] Dtrade16 : They're convertible to real shares I'm assuming?
[2016-10-10 03:25:51] rapidtrades : nope
[2016-10-10 03:26:17] Dtrade16 : How do you know that?
[2016-10-10 03:26:19] jose : I would not recommend you to trade on Bitfinex, by the way
[2016-10-10 03:28:26] Dtrade16 : I don't have much money on there
[2016-10-10 03:28:32] Dtrade16 : I'm spreading out risk
[2016-10-10 03:28:37] Dtrade16 : That's my stratagy
[2016-10-10 03:28:45] Dtrade16 : Polo seems ok to me
[2016-10-10 03:28:57] Dtrade16 : Al though I should probably have less money on there
[2016-10-10 03:29:28] BitMEX_Sam : micmix: Yeah, what's the question?
[2016-10-10 03:29:28] Dtrade16 : Bitfinex is done I think
[2016-10-10 03:29:31] jose : 0 is a good number on bitfinex
[2016-10-10 03:29:37] Dtrade16 : Lol
[2016-10-10 03:29:39] rapidtrades : Let me put this pile of money into the safe and this other pile of money NEXT TO THE RAGING FIRE
[2016-10-10 03:29:48] Dtrade16 : You guys think that was an inside job?
[2016-10-10 03:29:49] rapidtrades : I'm spreading out my risk
[2016-10-10 03:29:52] Dtrade16 : Has to be right?
[2016-10-10 03:30:09] rapidtrades : Dtrade16: we're just asking questions man
[2016-10-10 03:30:17] jose : there is no reason for it not to happen again, imo
[2016-10-10 03:30:32] Dtrade16 : I know
[2016-10-10 03:30:41] Dtrade16 : I would never trust them with a large amount of money
[2016-10-10 03:30:43] rapidtrades : how do u go from 0.5% of funds in hot wallet to losing 48%
[2016-10-10 03:30:53] Dtrade16 : I only have a couple $100 on there
[2016-10-10 03:30:54] BitMEX_Sam : I agree, they have not given us any indication that they even know what happened, much less that they are able to prevent it from happening again
[2016-10-10 03:31:22] Dtrade16 : BitMEX_Sam: So you think it was insiders right?
[2016-10-10 03:31:40] rapidtrades : i think they f*cked up with that datacenter move
[2016-10-10 03:31:42] micmix : BitMEX_Sam: I see RealizedPNL line in transaction history and the date keeps changing. Are you just adding all realized PNL and will keep adding it forever?
[2016-10-10 03:31:44] Dtrade16 : I mean, there's really no incentive for insiders not to steal peoples money
[2016-10-10 03:32:06] rapidtrades : smone got a hold of the data
[2016-10-10 03:32:09] BitMEX_Sam : Dtrade16: No idea if it was insiders vs external forces, but they've given no indication they can solve it either way
[2016-10-10 03:32:22] BitMEX_Sam : micmix: You're seeing the same transaction but with a changing date?
[2016-10-10 03:32:57] BitMEX_Sam : I believe that is intentional, I will double-check with Wally - we added a virtual line-item to compensate for rebalance being gone, so your wallet history can show day-by-day PNL
[2016-10-10 03:35:20] micmix : I have a line for each contract, like XBTUSD RealizedPNL xx.xx XBT, with the date/time of the next session
[2016-10-10 03:35:30] micmix : looks like all realized PNL goes there
[2016-10-10 03:36:40] micmix : I assume it will just increase forever since there is no rebalance?
[2016-10-10 03:36:52] BitMEX_Sam : I believe so.
[2016-10-10 03:37:09] BitMEX_Sam : Again I'l double check with Wally - it's just convenience accounting for display purposes
[2016-10-10 03:37:15] micmix : that's awful for accounting
[2016-10-10 03:37:33] BitMEX_Sam : Yeah I agree, I think it would be more useful per-day or per-week, so let me confirm with him.
[2016-10-10 03:37:36] micmix : I was doing account reconciliation every week, it will be impossible to do
[2016-10-10 03:38:50] HotPotatototo : Hey, some of my ZCash positions (no margin) were auto-closed!! WTF??
[2016-10-10 03:39:25] micmix : yep, you should have a line for each contract with weekly or daily PNL
[2016-10-10 03:39:30] BitMEX_Sam : HotPotatototo: Please see https://www.bitmex.com/app/autoDeleveraging
[2016-10-10 03:40:00] HotPotatototo : BitMEX_Sam: I wasn't using leverage though
[2016-10-10 03:40:25] BitMEX_Sam : HotPotatototo: It doesn't matter if you are or not, when there are liquidations that the system cannot absorb, ADL can be required of any position
[2016-10-10 03:40:44] BitMEX_Sam : ZEC is a bit of a special case because there is no underlying spot market, so it is relatively illiquid & swings rapidly
[2016-10-10 03:41:31] HotPotatototo : BitMEX_Sam: sigh, okay
[2016-10-10 03:42:30] Dtrade16 : Guys do you think Zcash cloud mining is a good idea/
[2016-10-10 03:42:31] Dtrade16 : ?
[2016-10-10 03:42:36] BitMEX_Wally : micmix: There will be a RealisedPNL transaction each day, we just have not enabled that yet
[2016-10-10 03:42:47] Dtrade16 : I've picked up a small contract