BitMEX Trollbox Userinfo

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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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[2016-10-15 21:34:25] Rado : Tetsuo: It was 1% earlier
[2016-10-15 21:34:38] Tetsuo : lol
[2016-10-15 21:35:02] sleger : Rado: oh yes he buys all stupid shitcoins
[2016-10-15 21:35:55] Rado : Shorting shit coins after each fomo has been good strategy for a year now
[2016-10-15 21:36:48] sleger : this past year not so much
[2016-10-15 21:37:13] sleger : maid, monero, dash, factom for a while
[2016-10-15 21:37:26] Tetsuo : yep, 90% of the money i made with shitcoins was due to the shorting after the pump, i can´t motivate myself to take part during pumps
[2016-10-15 21:38:19] Tetsuo : i hate eshotcoin believers, even more than i hate bitcoin believers on bitcointalk.org
[2016-10-15 21:38:26] Rado : ETH and ETC have been nice shorts
[2016-10-15 21:38:50] Tetsuo : ETC was a problem as they closed weekyl in here
[2016-10-15 21:38:54] sleger : etc is a shitcoin, eth didnt go that far down
[2016-10-15 21:38:55] Rado : I believe ZEC is a great short
[2016-10-15 21:39:11] sleger : im short zec
[2016-10-15 21:39:16] Rado : When is ZEC coming out?
[2016-10-15 21:39:18] Tetsuo : i made 2 BTC with shorting ZEC , but imßm out for now
[2016-10-15 21:40:16] fes1974 : 28th
[2016-10-15 21:40:21] Tetsuo : low supply@ the beginning and shitcoiners stupidy scare me to get into a short again
[2016-10-15 21:40:58] sleger : 28th of what ?
[2016-10-15 21:41:03] Tetsuo : 2016
[2016-10-15 21:41:04] fes1974 : october
[2016-10-15 21:41:06] Rado : October
[2016-10-15 21:41:08] sleger : oh that soon
[2016-10-15 21:41:34] Rado : Tetsuo: is not scary at all since the price will be around 0.02
[2016-10-15 21:41:37] justinlooking : yesterday, it really was 2 weeks
[2016-10-15 21:41:46] Rado : No where near where it is here
[2016-10-15 21:42:27] Tetsuo : Rado: it will def. go below 0.02, but after the release @polo it could go even go to >0.5 for 1-2 days
[2016-10-15 21:42:31] j8 : even if ZEC spot trades high there should be a discount here
[2016-10-15 21:42:53] sleger : cause you can only short here?
[2016-10-15 21:43:32] j8 : yeah there will be little ZEC to borrow even if there is margin trading
[2016-10-15 21:43:49] sleger : yes but here there is leverage
[2016-10-15 21:43:58] sleger : kind of works both ways
[2016-10-15 21:44:06] Rado : Tetsuo: 0.5?
[2016-10-15 21:44:12] Rado : this is no BTC
[2016-10-15 21:44:30] sleger : there also isnt ten million coins available now
[2016-10-15 21:44:31] Rado : It's just another shitcoin
[2016-10-15 21:44:54] Rado : How many are they releasing?
[2016-10-15 21:45:02] sleger : i think zero
[2016-10-15 21:45:05] justinlooking : Rado: no premine
[2016-10-15 21:45:17] sleger : the name stands for ZeroCoin
[2016-10-15 21:45:22] j8 : just saying i would expect a high lending rate for zec in the early days, especially if it's trading in the $100 range
[2016-10-15 21:45:45] sleger : i doubt there would be margin in the first days
[2016-10-15 21:46:39] Tetsuo : first trades probably around >1.0 BTC , after that 90% free fall
[2016-10-15 21:47:10] Tetsuo : supply is really low., and there is a lot of money and stupidity @ polo
[2016-10-15 21:48:20] Tetsuo : i also don´t know at what time they will use polo index price in here
[2016-10-15 21:48:39] sleger : thats a good question
[2016-10-15 21:49:06] sleger : Zcash will begin mining on October 28, 2016. There has been no indication yet as to which markets may list ZEC after this date. Furthermore, ZEC mining will have a slow start, with the block reward linearly increasing from 0 to 12.5 ZEC over the first 20,000 blocks (approximately 34 days). Because of this difficulty to source ZEC, it may delay listing on a spot exchange. As such, BitMEX will choose a reference exchange by December 1, 2016 based on liquidity and reputation.
[2016-10-15 21:49:08] Rado : As soon as it comes out?
[2016-10-15 21:49:20] sleger : i understand by December 1st as in at december 1st and not earlier ?
[2016-10-15 21:49:49] Tetsuo : thx
[2016-10-15 21:50:02] sleger : but could be, no later than dec 1st ?
[2016-10-15 21:50:32] sleger : If there does not happen to be any spot trading at all for ZEC by December 30, 2016 then BitMEX will settle the contract at the Bitcoin equivalent price raised in the last round of investment.
[2016-10-15 21:50:44] Rado : sleger: might be hard to take a position because of this
[2016-10-15 21:50:45] sleger : (~15$)
[2016-10-15 21:51:33] j8 : i read it as no later than
[2016-10-15 21:52:06] justinlooking : me too
[2016-10-15 21:52:31] sleger : would be good to get clarification about the as early as ...
[2016-10-15 21:52:39] sleger : it trades, its liquid enough, ... ?
[2016-10-15 22:36:54] CoinDozer : hi
[2016-10-15 22:38:01] Tetsuo : CoinDozer: fuck off
[2016-10-15 22:38:32] AudibleScience : Tetsuo: WTF!
[2016-10-15 22:40:24] CoinDozer : Tetsuo: this games fun aint it haha
[2016-10-15 22:42:18] AudibleScience : The time in my chart is an hour slow. That's weird.
[2016-10-15 22:50:22] AudibleScience : I know it's an option in the chart, but doesn't it automatically change? I just changed it to UTC+1
[2016-10-16 04:39:35] mjones : xmr epic dump
[2016-10-16 04:39:37] mjones : incoming
[2016-10-16 04:52:32] REKT : Liquidated long on `XMR7D`: Sell 15 @ 0.009808
[2016-10-16 05:52:39] zanza : XMR on sale guys
[2016-10-16 05:54:01] zanza : last chance to buy at discount
[2016-10-16 06:03:23] Glogge : what up? How can I send Fiat to Bitmex?
[2016-10-16 06:24:00] BitMEX_Wally : Glogge: All our products are traded using Bitcoin
[2016-10-16 06:24:18] Glogge : thanks wally
[2016-10-16 06:44:48] REKT : Liquidated short on `XBTUSD`: Buy 878 @ 637.20
[2016-10-16 06:46:15] supporter : What is Realised PNL..
[2016-10-16 06:48:03] BitMEX_Wally : Unrealised PNL is the profit/loss from an open position, measured between the entry price and the current mark price. Realised PNL is all other profit/loss, i.e. from closed positions, fees, funding, etc.
[2016-10-16 06:49:21] supporter : BitMEX_Wally: thnx
[2016-10-16 07:36:29] omicron : bitcoin only saves bitmex from lot of regulatory BS
[2016-10-16 07:36:39] omicron : and as you know 90% of regulation is BS
[2016-10-16 07:40:07] REKT : Liquidated long on `LTCXBT`: Sell 879 @ 0.00607
[2016-10-16 08:33:43] Kalman : omicron: why stopping short of saying 100% is bs?
[2016-10-16 09:58:16] RocketScience : i would not dare short bs stock index on planet earth
[2016-10-16 10:02:23] Spink : Seems like i dont understand something. Why my realised pnl always negative? I bought 1200 contracts xbtusd long 5 days ago at $631 with 25x leverage (i had 0.082 btc in wallet). So all this time i'm in positive profit. But every day i got -0.0050 realised pnl. If it comission and funding rate, why it so big? 8% in a day?
[2016-10-16 10:04:48] BitMEX_Wally : 1200 contracts at $631 is worth 1.9017 XBT so 0.0050 XBT is 0.26% a day?
[2016-10-16 10:05:43] Tetsuo : learn to love the rope
[2016-10-16 10:06:53] RocketScience : eth has -0.55% funding, ludicrous :D
[2016-10-16 10:07:02] Spink : Percents from leveraged value? Nice))
[2016-10-16 10:07:08] RocketScience : if you dare go long..
[2016-10-16 10:07:15] RocketScience : yes
[2016-10-16 10:21:38] Spink : BitMEX_Wally: ok, it's 0.26%, but funding rate is 0.056%. What else? I just want to realize how i can calculate and predict comission percent.
[2016-10-16 10:23:00] BitMEX_Wally : Spink: You can see funding in your trade history here: https://www.bitmex.com/app/tradeHistory
[2016-10-16 10:23:41] BitMEX_Wally : The rate is announced 8 hours in advance, and the next rate is predicted too
[2016-10-16 10:23:41] Spink : BitMEX_Wally: tnx
[2016-10-16 10:23:53] BitMEX_Wally : Funding is charged every 8 hours
[2016-10-16 10:24:45] BitMEX_Wally : In the 'Contract Details: XBTUSD' widget on the sidebar it currently says 'Funding Rate -0.0564% in 2 hours' and if you hover-over it says 'Predicted Funding Rate-0.0044% in 10 hours'
[2016-10-16 10:24:59] BitMEX_Wally : A negative rate means that shorts pay longs, so if you are long you will earn
[2016-10-16 13:06:02] REKT : Liquidated long on `XRP7D`: Sell 158188 @ 0.00001233
[2016-10-16 13:54:27] rapidtrades : man this funding is rough
[2016-10-16 14:08:35] sleger : even 0.0003 is not enough fee for withdrawing here ?
[2016-10-16 14:17:15] sleger : 15 satoshis per byte
[2016-10-16 14:17:49] rapidtrades : it's 20 cents brah
[2016-10-16 14:23:07] sleger : and it just got 1 conf, after 70 minutes
[2016-10-16 14:24:58] habibi : https://bitcoinfees.21.co/
[2016-10-16 15:12:35] REKT : Liquidated short on `XMR7D`: Buy 100 @ 0.010237
[2016-10-16 16:03:21] rapidtrades : sleger: how's it going?
[2016-10-16 16:03:43] rapidtrades : did they forbit the caviar too or just the champagne?
[2016-10-16 16:09:06] rapidtrades : i rly dont get how this counter works
[2016-10-16 16:09:15] rapidtrades : https://bnktothefuture.com/pitches/bitfinex/conversations
[2016-10-16 16:10:18] rapidtrades : it was at 500k for ages, then they made an adhoc update to 20mil...now it's nothing again
[2016-10-16 16:10:42] rapidtrades : looks like another fake data like their volume
[2016-10-16 16:33:15] arbitrage001 : rapidtrades: rtt is trading higer than i expect
[2016-10-16 16:33:41] arbitrage001 : wish i bought token at 30 cents and converted
[2016-10-16 16:33:53] arbitrage001 : then sell rtt at 14 cents
[2016-10-16 16:34:05] arbitrage001 : cost basis for equity will be around 16 cents
[2016-10-16 16:34:48] rapidtrades : i wouldn't put it past these scammers do 'return the coins' and claim the rtts
[2016-10-16 16:56:20] Pierre : not that many liquidity on xbt right now :(
[2016-10-16 16:58:39] arbitrage001 : rapidtrades: market is paying 0.1263 right now
[2016-10-16 16:58:48] rapidtrades : paying what
[2016-10-16 16:58:51] arbitrage001 : not saying the exchange will get the coins back
[2016-10-16 16:59:09] arbitrage001 : just saying if you have rtt, you can sell it for 0.12
[2016-10-16 16:59:26] rapidtrades : wait do i have rtt?
[2016-10-16 16:59:26] arbitrage001 : which make converting token to equity not a bad choice
[2016-10-16 16:59:41] arbitrage001 : for those who did
[2016-10-16 16:59:43] rapidtrades : or is it for those who convert to equity
[2016-10-16 17:01:55] rapidtrades : i mean it's still a bad choice...u give up 56 cents to get 12
[2016-10-16 17:02:17] rapidtrades : arbitrage001: have u converted yet?
[2016-10-16 17:02:38] arbitrage001 : rapidtrades: no, not planning to
[2016-10-16 17:02:47] rapidtrades : and noone does
[2016-10-16 17:02:53] rapidtrades : they're faking this whole thing
[2016-10-16 17:03:02] arbitrage001 : may not be
[2016-10-16 17:03:16] arbitrage001 : the top 2 token holders are from bitfinex
[2016-10-16 17:03:38] rapidtrades : but they said that they will not convert
[2016-10-16 17:03:47] arbitrage001 : did they?
[2016-10-16 17:04:03] arbitrage001 : who were the two holders?
[2016-10-16 17:04:30] rapidtrades : idk but zane said smth like they won't do anything with the tokens, only rebuy them at 1$
[2016-10-16 17:04:50] habibi : Giancarlo said he was going to convert, and he is one of top holders
[2016-10-16 17:05:01] rapidtrades : ok then....
[2016-10-16 17:05:05] habibi : aprox ~1.2m tokens
[2016-10-16 17:05:11] rapidtrades : so now we know the 20 mil are from bitfinex
[2016-10-16 17:05:32] rapidtrades : which proves that they were running inhouse bots
[2016-10-16 17:05:52] arbitrage001 : inhouse bot is ok if they dont intentionally cause rekt
[2016-10-16 17:05:57] arbitrage001 : or magin call
[2016-10-16 17:06:00] rapidtrades : ok pal
[2016-10-16 17:06:07] rapidtrades : and the fact they lied about it is ok?
[2016-10-16 17:06:31] habibi : i guess i am missing sth but where is the proof that they were running bots?
[2016-10-16 17:06:34] rapidtrades : and when they got caught by their stupidity they claimed it was only their paychecks
[2016-10-16 17:06:39] arbitrage001 : i suspect they do arbitage with bitstamp
[2016-10-16 17:07:07] rapidtrades : habibi: why else would u keep 20 mil on a site but to trade it?
[2016-10-16 17:07:15] rapidtrades : it's not a fucking bank u twat
[2016-10-16 17:07:24] arbitrage001 : providing funding?
[2016-10-16 17:07:32] arbitrage001 : rate was a lot higher than your local bank
[2016-10-16 17:07:32] rapidtrades : ah possible
[2016-10-16 17:07:45] rapidtrades : but ROI on that is much smaller then mm-ing
[2016-10-16 17:07:59] arbitrage001 : market making has risk
[2016-10-16 17:08:04] arbitrage001 : not free money
[2016-10-16 17:08:25] rapidtrades : yeah it's pretty much free risk when u own the site
[2016-10-16 17:08:41] rapidtrades : u can deny others access, crash the site
[2016-10-16 17:08:43] habibi : rapidtrades: ur arguments are so clueless, so easy to question. think twice next time
[2016-10-16 17:09:03] rapidtrades : habibi: ur really dumb for a jew u know that
[2016-10-16 17:09:38] habibi : and fe it was well known that they trading on their own exchange, since pgp reddit action long time ago
[2016-10-16 17:10:20] habibi : rapidtrades: thank u for ur opinion :)
[2016-10-16 17:11:31] rapidtrades : noone mentioned it here
[2016-10-16 17:14:54] Pierre : why is the xbt market so illiquid right now ?
[2016-10-16 17:15:34] arbitrage001 : Pierre: liliquid in what way?
[2016-10-16 17:15:58] Pierre : order are taking a long time to get fullified
[2016-10-16 17:16:08] arbitrage001 : well
[2016-10-16 17:16:16] arbitrage001 : if you put a bid or 1 dollar or ask of 1000
[2016-10-16 17:16:25] arbitrage001 : they will never be filled
[2016-10-16 17:17:00] Pierre : no it's just marke order
[2016-10-16 17:17:12] arbitrage001 : market order should be filled right away
[2016-10-16 17:17:19] arbitrage001 : if not, you should contact support
[2016-10-16 17:17:19] Pierre : why N*
[2016-10-16 17:17:23] Pierre : why ?
[2016-10-16 17:17:49] arbitrage001 : cuz market order means you want to buy and sell at whatever the bid/ask price
[2016-10-16 17:18:25] Pierre : yeah but no one is selling in the other side
[2016-10-16 17:18:30] Pierre : illiquid
[2016-10-16 17:19:06] arbitrage001 : what price are you trying to buy?
[2016-10-16 17:19:10] sleger : This guy makes no sense... puts thr french to shame
[2016-10-16 17:19:14] Pierre : market price
[2016-10-16 17:19:33] Pierre : nervermi
[2016-10-16 17:19:40] Pierre : nevermind
[2016-10-16 17:21:40] justinlooking : ur a cheese eating surrender monkey sleger? :P
[2016-10-16 18:07:37] justinlooking : XMRekt?
[2016-10-16 18:08:04] arbitrage001 : justinlooking: think it will go down a lot frther
[2016-10-16 18:08:11] arbitrage001 : further
[2016-10-16 18:08:50] arbitrage001 : pump by dark net and roger ver
[2016-10-16 18:09:12] arbitrage001 : next time roger ver say anything, one should do opposite
[2016-10-16 20:24:31] rapidtrades : roger ver also pumped buttfinex
[2016-10-16 20:25:42] Gr33d : ...and Mt Gox... Lol
[2016-10-16 20:25:59] habibi : and now unlimited :)
[2016-10-16 20:51:52] REKT : Liquidated short on `ETC7D`: Buy 9 @ 0.001619
[2016-10-16 21:24:23] investor : G
[2016-10-16 21:25:09] investor : BLK g8
[2016-10-16 21:25:15] investor : Go
[2016-10-16 21:25:35] investor : Going for a moon wE
[2016-10-16 21:25:54] investor : EsPosito soon
[2016-10-16 21:42:20] wurstgelee : welcome back etc ;)
[2016-10-16 22:53:35] REKT : Liquidated short on `ETC7D`: Buy 12639 @ 0.001770
[2016-10-16 22:54:17] messiaen8844 : GDAX/Coinbase etc withdraw delayed
[2016-10-16 22:54:54] wurstgelee : also etc decided to stick to POW for now
[2016-10-16 22:54:59] wurstgelee : no plans for POS
[2016-10-16 22:56:00] messiaen8844 : there's also an ICO
[2016-10-16 22:56:02] messiaen8844 : with Samson Mow involved
[2016-10-16 22:56:07] messiaen8844 : and other chineses
[2016-10-16 22:56:17] messiaen8844 : so yeah, pump it hard baby
[2016-10-16 22:58:20] wurstgelee : etc based ico?
[2016-10-16 23:04:24] messiaen8844 : http://etcwin.com/html/index.html
[2016-10-16 23:04:37] messiaen8844 : There's even a countdown
[2016-10-16 23:04:42] messiaen8844 : what more could you want?
[2016-10-16 23:04:50] wurstgelee : etcwin.com doesnt werk
[2016-10-16 23:04:56] wurstgelee : dns not found
[2016-10-16 23:05:06] wurstgelee : k
[2016-10-16 23:05:08] wurstgelee : 2nd try
[2016-10-16 23:05:10] wurstgelee : works
[2016-10-16 23:09:58] Rado : nice pump
[2016-10-16 23:10:11] Rado : I sold
[2016-10-16 23:10:15] Rado : probably early
[2016-10-16 23:11:37] wurstgelee : yep
[2016-10-16 23:11:41] wurstgelee : i think so
[2016-10-16 23:12:22] wurstgelee : just overtook eth in volume @ polo
[2016-10-16 23:14:26] messiaen8844 : probably will for the next two days
[2016-10-16 23:15:41] wurstgelee : i hope so
[2016-10-16 23:15:51] REKT : Liquidated long on `XRP7D`: Sell 60000 @ 0.00001235
[2016-10-16 23:15:53] wurstgelee : no intent in closing my long today
[2016-10-16 23:15:55] wurstgelee : ;)
[2016-10-16 23:17:53] wurstgelee : .0019
[2016-10-16 23:19:09] Rado : nice
[2016-10-16 23:21:06] Rado : why is LSK funding rate so much bigger than other coins?
[2016-10-16 23:27:23] sleger : cause jung1 keeps buying it
[2016-10-16 23:35:05] Kahir : hello can u guys add calculator for contracts
[2016-10-16 23:35:30] jordanbitfort : right above stop market button upper left side, kahir
[2016-10-16 23:35:33] habibi : Kahir: no problem, we are adding it for u right now
[2016-10-16 23:36:10] Kahir : yeah sorry im kinda new here
[2016-10-16 23:36:13] Kahir : :D
[2016-10-16 23:36:17] Kahir : thanks jordan
[2016-10-16 23:54:52] REKT : Liquidated long on `FCTXBT`: Sell 511 @ 0.003899
[2016-10-17 00:07:45] billz : holy moly didn't even notice that lisk funding rate
[2016-10-17 00:10:51] billz : too bad theres no volume
[2016-10-17 00:19:02] Kahir : etc full retrace :D
[2016-10-17 00:35:07] REKT : Liquidated long on `ETC7D`: Sell 3000 @ 0.001789
[2016-10-17 00:36:33] jordanbitfort : rip in pepperoni
[2016-10-17 00:37:02] REKT : Liquidated long on `ETC7D`: Sell 247 @ 0.001772
[2016-10-17 00:53:52] Kahir : damn i never know about the withdraw once a day thing
[2016-10-17 00:53:56] Kahir : kinda new here
[2016-10-17 00:54:00] Kahir : this is bad :D
[2016-10-17 00:54:33] Kahir : 13 more hours :D
[2016-10-17 01:01:03] Rado : Kahir: why do you need to withdraw?
[2016-10-17 01:01:17] Rado : keep your monkey in BTC
[2016-10-17 01:01:20] Rado : money
[2016-10-17 01:01:33] Kahir : lol
[2016-10-17 01:01:40] Rado : and here they keep them in cold storage
[2016-10-17 01:01:41] Rado : safe
[2016-10-17 01:01:47] Rado : so never need to withdraw
[2016-10-17 01:02:11] Rado : unless you use profits for monthly expenses
[2016-10-17 01:02:29] Kahir : mmm i found a trade on another exchange
[2016-10-17 01:02:38] Rado : what trade?
[2016-10-17 01:02:43] Kahir : why would i tell you
[2016-10-17 01:02:53] Rado : why not
[2016-10-17 01:03:02] Kahir : cause i don't want you to buy
[2016-10-17 01:03:20] Rado : you assume you are smarter than everyone else
[2016-10-17 01:03:24] Kahir : no
[2016-10-17 01:03:34] Rado : then maybe I already know about it
[2016-10-17 01:03:38] Kahir : im an average guy
[2016-10-17 01:05:39] Kahir : 10 hours to go
[2016-10-17 01:05:43] Kahir : yeeee
[2016-10-17 01:05:46] Kahir : :(
[2016-10-17 01:06:34] Rado : Kahir: you can't do the same trade here?
[2016-10-17 01:06:42] Kahir : no
[2016-10-17 01:06:44] Rado : must be some shitty coin
[2016-10-17 01:06:47] Rado : :-)
[2016-10-17 01:06:49] Kahir : yeah
[2016-10-17 01:06:57] Kahir : i love those bad coins
[2016-10-17 01:08:29] Kahir : rado u trade zcash ?
[2016-10-17 01:14:46] Kahir : mmm whats your thought on price
[2016-10-17 01:14:53] Kahir : at launch
[2016-10-17 01:14:56] Kahir : 1 btc :D
[2016-10-17 01:35:21] REKT : Liquidated long on `XBJ7D`: Sell 1515 @ 66984
[2016-10-17 01:43:07] REKT : Liquidated long on `XBJ24H`: Sell 40 @ 66612
[2016-10-17 02:37:15] Rado : Kahir: I think ZEC will fall after launch
[2016-10-17 02:37:41] Rado : it's too high here already
[2016-10-17 03:06:15] noah sark : this might be a stupid question, but what happens to contracts when the expire?
[2016-10-17 03:26:23] BitMEX_Arthur : noah sark: they no longer exist. Your exposure becomes zero
[2016-10-17 03:35:22] noah sark : So the bitcoin you paid for the contract and the contract disappears? Or does the contract kind of get settled at the mark price?
[2016-10-17 03:50:24] zanza : cheap XMR
[2016-10-17 03:53:35] REKT : Liquidated long on `ETC7D`: Sell 2798 @ 0.001689
[2016-10-17 03:53:35] REKT : Liquidated long on `ETC7D`: Sell 1 @ 0.001690
[2016-10-17 04:06:40] laisee : noah sark: there is no physical delivery of the underlying asset
[2016-10-17 04:11:51] noah sark : so the contract just disappears? And whatever bitcoin you paid for the contract is gone?
[2016-10-17 04:19:03] noah sark : dw i figured it out, cheers.
[2016-10-17 04:20:23] laisee : you're putting some BTC up as collateral for a contract, Any gains or losses are added/removed from the amount pledged. Think of a CFD, more like that.
[2016-10-17 05:16:02] loba333 : BitMEX_Arthur: If i have borrowed 350000.00 XRP, how much daily interest am i paying on average on that ?
[2016-10-17 05:40:24] j8 : XRP7D is a future, you don't really borrow XRP and there's no funding charges
[2016-10-17 06:02:43] chromaticcr1 : loba333: you can, however, have a look at the contract detail, if you are opening your position at the mark price. the implied interest in the premium of the future contract is the fair basis rate
[2016-10-17 07:45:47] loba333 : chromaticcr1: @j8 yeah sorry i meant if you borrow 350000.00 contracts not XRP
[2016-10-17 07:46:58] loba333 : ahh i see ETH has a funding rate because it's a perpetual contract however XRP is a 7D contract so theres no funding rate ? just trading fees ?
[2016-10-17 07:47:13] chromaticcr1 : true
[2016-10-17 07:47:57] chromaticcr1 : but you have to reopen your position every friday on a futures contract
[2016-10-17 07:48:46] chromaticcr1 : since it will be settled at spot index price every friday. Any pnl will be realized and position will be closed (settled)
[2016-10-17 08:34:35] REKT : Liquidated long on `XMR7D`: Sell 5 @ 0.009223
[2016-10-17 08:34:35] REKT : Liquidated long on `XMR7D`: Sell 350 @ 0.009251
[2016-10-17 09:44:35] REKT : Liquidated long on `REP7D`: Sell 23 @ 0.008061
[2016-10-17 10:45:31] Kahir : how many hours left for withdraws ?
[2016-10-17 10:45:59] RocketScience : There is a time written somewhere in guide
[2016-10-17 10:47:29] Kahir : 13 UTC
[2016-10-17 11:12:46] RocketScience : that's probably in 47 mins, same time as funding
[2016-10-17 12:01:42] habibi : 1h after.
[2016-10-17 13:04:11] martyix : Hi, what channel should I subscribe to get index price updates in websockets? (https://testnet.bitmex.com/app/wsAPI)
[2016-10-17 13:09:25] BitMEX_Wally : martyix: trade or instrument
[2016-10-17 13:09:43] martyix : thanks
[2016-10-17 13:16:23] martyix : BitMEX_Wally: And what is the name of the JSON field please?
[2016-10-17 13:17:30] martyix : (My setup currently downloads "trade" on Testnet.)
[2016-10-17 13:32:41] martyix : I mean this index https://www.bitmex.com/app/index/.XBT
[2016-10-17 13:40:28] BitMEX_Wally : You can subscribe to `trade:*` or just `trade:.XBT`
[2016-10-17 13:41:38] BitMEX_Wally : For the trade table there is a `price` field. This becomes `lastPrice` on the instrument table
[2016-10-17 17:35:19] StatusIV : How can I get some guide regarding Margin trading?
[2016-10-17 17:37:27] BitMEX_Sam : StatusIV: See https://www.bitmex.com/app/isolatedMargin re: margin on BitMEX
[2016-10-17 17:37:41] BitMEX_Sam : Otherwise I would recommend Googling around re: the basics of margin trading
[2016-10-17 17:37:52] REKT : Liquidated long on `FCTXBT`: Sell 280 @ 0.003708
[2016-10-17 17:38:54] BitMEX_Sam : Also, despite the name, babypips.com is quite good - http://www.babypips.com/school/undergraduate/senior-year/the-number-1-cause-of-death-of-forex-traders/leverage-defined.html
[2016-10-17 17:47:13] Tetsuo : my favorite site when i started 5 years ago
[2016-10-17 17:56:57] Tetsuo : but i can´t remember anyone talking about boilingerbands @ mtgox in 2011/2012
[2016-10-17 17:57:22] REKT : Liquidated long on `LTCXBT`: Sell 906 @ 0.00601
[2016-10-17 18:01:24] wurstgelee : Tetsuo: lol ;)
[2016-10-17 18:01:57] wurstgelee : bb became a thing in crypto 2015 i guess
[2016-10-17 18:47:55] justinlooking : green sells
[2016-10-17 19:12:43] zanza : cheap Monero everyone
[2016-10-17 19:12:49] zanza : last chance to load up
[2016-10-17 19:13:24] justinlooking : pmsl zanza
[2016-10-17 19:17:21] arbitrage001 : monero will most likely drop another 40% from here
[2016-10-17 20:06:04] Tetsuo : alts(ETH&XMR) up ; BTC down!
[2016-10-17 20:07:26] Tetsuo : XMR hit lower BB 1d with the last downards spike : - ), i´m buyin from here to zero
[2016-10-17 20:14:19] arbitrage001 : Tetsuo: going down with sinking ship?
[2016-10-17 20:14:31] arbitrage001 : is it worth it?
[2016-10-17 20:15:28] Tetsuo : arbitrage001: we´ll see! never short near the bottom! massive bull trap will come soon!
[2016-10-17 20:17:02] Tetsuo : especially now, when BTC startin to look weak again
[2016-10-17 20:18:18] arbitrage001 : Tetsuo: i have never seen any alt coin rebound from near death experience
[2016-10-17 20:18:52] arbitrage001 : or after the first bubble burst
[2016-10-17 20:20:12] Tetsuo : ETH?
[2016-10-17 20:21:19] arbitrage001 : depend on how you define the problem
[2016-10-17 20:21:27] arbitrage001 : shorting eth at the moment
[2016-10-17 20:21:41] arbitrage001 : will short more should it goes higher
[2016-10-17 20:21:47] Tetsuo : good luck
[2016-10-17 20:22:06] arbitrage001 : 1b market cap on useless coin
[2016-10-17 20:22:14] arbitrage001 : if this is not bubble, i dont know what is
[2016-10-17 20:23:15] arbitrage001 : will change my opinion if there are some useful app using it
[2016-10-17 20:29:37] Tetsuo : ETH =has first mover adavantage when it comes to smart contracts in public opinion. That´s what counts. BTW coulde u name me 3 useful BTC apps? Beside buying pizzas and drugs?
[2016-10-17 20:29:58] dasdfasdf : You go for ETH first
[2016-10-17 20:30:02] dasdfasdf : What is a smart contract?
[2016-10-17 20:30:52] Tetsuo : something like u don´t pay before u cum#whores
[2016-10-17 20:32:40] MrRGnome : BTC is valuable because it's the only blockchain with a correctly working decentralized security model. @Tetsuo
[2016-10-17 20:33:25] justinlooking : " BTC startin to look weak again" wtf tetsuo
[2016-10-17 20:34:15] Tetsuo : no time to explain
[2016-10-17 20:35:15] poes : lol could you name me 3 useful cash money apps beside buying pizzas and drugs? @Tetsuo
[2016-10-17 20:35:28] dasdfasdf : more pizza?
[2016-10-17 20:35:31] dasdfasdf : and tacos too
[2016-10-17 20:35:52] arbitrage001 : 1) moving money in and out of country quick
[2016-10-17 20:35:58] arbitrage001 : 2) gambling
[2016-10-17 20:36:03] Tetsuo : so can LTC
[2016-10-17 20:36:19] arbitrage001 : 3) speculating on other shit coins
[2016-10-17 20:36:46] Tetsuo : i have no problem with BTC, i think it´s just fine(until the blocklimit fork...), in the meanwhile i speculate it won´t go up much further from here on
[2016-10-17 20:36:52] arbitrage001 : btc has the infrasturcutre
[2016-10-17 20:36:56] arbitrage001 : ltd doesnt
[2016-10-17 20:37:00] arbitrage001 : ltc
[2016-10-17 20:37:57] arbitrage001 : btc also have godlike figure like satoshi
[2016-10-17 20:38:08] arbitrage001 : etc has a kid from college?
[2016-10-17 20:38:13] arbitrage001 : eth
[2016-10-17 20:38:28] arbitrage001 : hate to use this argument
[2016-10-17 20:38:32] Tetsuo : Satoshi could be Mark Karpeles
[2016-10-17 20:38:33] arbitrage001 : but my god is bigger
[2016-10-17 20:38:35] Tetsuo : hate to use this argument too
[2016-10-17 20:39:18] MrRGnome : it shouldn't matter less who made a decentralized protocol. Let the protocol stand on its own definition.
[2016-10-17 20:40:14] arbitrage001 : network effect is important for coin
[2016-10-17 20:40:19] dasdfasdf : for money
[2016-10-17 20:40:25] arbitrage001 : right
[2016-10-17 20:41:40] arbitrage001 : to be clear, i have net zero position on btc
[2016-10-17 20:42:09] arbitrage001 : if it drops to 100, i will only benefit me
[2016-10-17 20:42:15] arbitrage001 : so i can buy
[2016-10-17 20:45:50] justinlooking : what if drops to 100 but eth stays 12
[2016-10-17 20:45:53] lockhedge : liquidity might be one of the most important things. don't see any coin coming up where you can buy/sell a large position with less costs than bitcoin.
[2016-10-17 20:46:53] lockhedge : especially smart contracts are worthless if the underlying asset is not liquid enough
[2016-10-17 21:18:11] Tetsuo : to get real liquidity u would have to transfer your funds to shady chinese echanges or bitfinex(lol)
[2016-10-17 21:19:31] Tetsuo : Billionaire Typ1: I´m sendin half of my money to okkcoin @ their usd deposit bank located in cetral africa, brb
[2016-10-17 21:28:20] rapidtrades : if u have bitcoin u don't need to send them money
[2016-10-17 21:44:40] Tetsuo : a shady business is still a shady business, no matter which way you send them money
[2016-10-17 21:45:20] Tetsuo : also, u need to get that bitcoins first
[2016-10-17 21:46:33] Tetsuo : no real uptrend until blocklimit is resolved #markmywordsufools!
[2016-10-17 21:47:34] rapidtrades : blocklimit doesn't matter until blocks are full
[2016-10-17 21:47:56] Tetsuo : i´m havin almost 50% of my BTC on okk btw, lol
[2016-10-17 21:48:06] Tetsuo : rapidtrades: u suck
[2016-10-17 21:48:17] rapidtrades : Tetsuo: ur an idiot
[2016-10-17 22:01:23] sleger : you guys still stating the obvious ?
[2016-10-17 22:02:14] rapidtrades : hey here comes Uno Testicle
[2016-10-17 22:02:24] rapidtrades : we missed u
[2016-10-17 22:04:54] rapidtrades : word on the street is that what the doctors pulled out
[2016-10-17 22:13:53] Tetsuo : choo choo XMR u fools
[2016-10-17 22:16:37] rapidtrades : i don't see anything interesting
[2016-10-17 22:17:28] Tetsuo : it takes time for fools to see the whole truth
[2016-10-17 22:17:56] Tetsuo : aka bottom for XMR is,mega bull trap in the making
[2016-10-17 22:19:11] rapidtrades : i should've shorted it long ago but didn't take it
[2016-10-17 22:19:14] rapidtrades : it's gone now
[2016-10-17 22:19:22] Tetsuo : 888 would also make a nice bottom, esthetically
[2016-10-17 22:19:40] Tetsuo : 8888
[2016-10-17 22:20:07] rapidtrades : so is classic gonna stay at 10% of eth forever or what
[2016-10-17 22:20:29] rapidtrades : it irks me that chargeback coin is winning
[2016-10-17 22:20:48] Tetsuo : classic is done, maybe one last short squeeze before it bites the dust
[2016-10-17 22:22:18] rapidtrades : are u short?
[2016-10-17 22:22:26] Tetsuo : it was doomed from the beginning
[2016-10-17 22:23:16] Tetsuo : no, ihaven´t touched ETC for 2months
[2016-10-17 22:25:37] rapidtrades : looks like yen contracts are a bust
[2016-10-17 22:25:48] rapidtrades : 5 trades on daily, 10ish on weekly
[2016-10-17 22:27:11] Tetsuo : ~70% of them are mine @ weekly
[2016-10-17 22:27:38] Tetsuo : i tried everything to keep up the new japanese bitcoin hopium but no one supported me, not even the japs, damn
[2016-10-17 22:29:59] Tetsuo : i only traded XBJ here because i got tired of funding surpises in the past@XBT
[2016-10-17 22:33:34] Tetsuo : i guess they should have added japanese language before they added chinese
[2016-10-17 22:35:12] rapidtrades : +1
[2016-10-17 22:36:45] sleger : Tetsuo: you pay that huge spread on jpy fut ?
[2016-10-17 22:43:26] Tetsuo : not anymore, closed all my longs with a profit(esp. quarterlys), i´m gonna trade BT only on okc in the future and focus on XMR & ETH here. Beside massive leverage(which i don´t use= it doesn´t make much sense to continue it trading in here
[2016-10-17 22:43:43] Tetsuo : funding, spread, liquidity
[2016-10-17 22:43:56] Tetsuo : ...
[2016-10-17 22:46:54] Tetsuo : ADl
[2016-10-17 22:47:47] Tetsuo : there is not one XBT/FIAT product in here which catches my interest, each of them has critical flaws in my opinion
[2016-10-17 22:48:21] sleger : how high do you think zero cash can go at polo ?
[2016-10-17 22:48:35] laisee : 15.00001
[2016-10-17 22:49:01] sleger : are you and jung1 the same idiot ?
[2016-10-17 22:49:03] Tetsuo : 0.5 for a few hours?
[2016-10-17 22:49:17] wurstgelee : .5 is entirely possible first day
[2016-10-17 22:49:21] wurstgelee : mebbe even higher
[2016-10-17 22:49:25] laisee : sleger: we're induhviduals
[2016-10-17 22:49:25] sleger : i think i will put my short zec position on margin that day
[2016-10-17 22:49:33] sleger : instead of cross
[2016-10-17 22:49:51] laisee : sleger: not 100% of that trade?
[2016-10-17 22:50:03] laisee : ^not 100% sure^
[2016-10-17 22:50:38] sleger : im sure of that trade, im just not sure it cant go to 1 or 2 because there will be zero supply and some idiot who controls it can manipulate some prints at that value
[2016-10-17 22:51:11] sleger : and if the people who run this exchange (bitmex) allow that to be the reference price then i dont want to get liquidated at an absurd price
[2016-10-17 22:51:35] Tetsuo : ^this
[2016-10-17 22:52:05] wurstgelee : so....y not go long and make absurd profits due to absurd prices?
[2016-10-17 22:54:07] sleger : because thats not something i control, i dont know when they will switch the index
[2016-10-17 22:54:25] sleger : however i can put my position on margin that day
[2016-10-17 23:00:05] lockhedge : sleger: does it matter when they will switch the index? they can't mark this future to spot anyway
[2016-10-17 23:01:14] laisee : short it to null. infinite profitz ...
[2016-10-17 23:01:40] sleger : lockhedge: yes cause the first days there will be no supply
[2016-10-17 23:02:02] sleger : price will be irrelevant. Whereas as time goes by it will get more stable
[2016-10-17 23:02:17] laisee : wild ride expected, strap in and prepare for G forces
[2016-10-17 23:02:28] sleger : i regret getting into a position at all
[2016-10-17 23:09:12] j8 : hopefully they don't mark it to spot until at least a few weeks after launch. there's no rush
[2016-10-17 23:11:12] sleger : i hope so but...
[2016-10-17 23:11:37] sleger : the future wont be much more liquid anyways and is marked at last
[2016-10-17 23:12:46] j8 : can only go 25% per 8 hours at least
[2016-10-17 23:14:40] sleger : true
[2016-10-17 23:17:01] qualquer : I'm having difficult to login whith sample market maker
[2016-10-17 23:17:30] qualquer : Does anyone know how to configure it?
[2016-10-17 23:20:16] lockhedge : qualquer: did you create api keys with order permissions?
[2016-10-17 23:20:32] qualquer : yes
[2016-10-17 23:21:11] sleger : maybe try to explain what error you are having
[2016-10-17 23:23:18] qualquer : I modified the file "settings.py" with my ApiKey the ApiSecret. After I ran the program. I get "ERROR - bitmex - Login information or API Key incorrect, please check and restart.".
[2016-10-17 23:23:49] sleger : maybe you are trying to connect to UAT with prod credentials or vice versa
[2016-10-17 23:25:33] qualquer : What is UAT?
[2016-10-17 23:26:36] BitMEX_Greg : qualquer: That is the test environment. testnet.bitmex.com
[2016-10-17 23:28:40] qualquer : Oh yeah. I modified the URL to "https://www.bitmex.com/api/v1/"
[2016-10-17 23:30:10] qualquer : The Market Maker program can get some information from my account, but can not make the orders.
[2016-10-17 23:33:41] BitMEX_Greg : qualquer: Can you please submit a support ticket with your question
[2016-10-17 23:33:52] qualquer : ok
[2016-10-18 00:07:40] XXXX : sleger: Unless you have 5 BTC in balance for every ZEC you short, dont bother shorting ZEC. there will be wild swings in the first few weeks and price of 1 ZEC can go up to anywhere betweeb 1 BTC and 10 BTC atleast for a while. Huge hype, huge fomo, little supply you do the math.
[2016-10-18 00:10:05] XXXX : sleger: I am long ZEC and although I have enough funds to not get liquidated even if ZEC drops to zero. However my only fear is that I will get liquidated at profit when the ZEC price hits 0.5 BTC. and then I wont be able to buy in at that price to take the full advantage of ZEC going to parity.
[2016-10-18 00:11:11] sleger : yes you will get ADL'ed before that because of me ;)
[2016-10-18 00:14:38] laisee : XXXX: how does one get liquidated at profit?
[2016-10-18 00:15:15] laisee : ignore - was thinking you were reffring to non-ADL exchange
[2016-10-18 00:21:23] XXXX : getting ADL'd at profit is not acceptable but thats what happens at bitmex because bitmex does not want to bear the loss. This is still socializing the loss or (lack of profit) irrespective of what bitmex claim it to be.
[2016-10-18 00:23:15] BitMEX_Greg : XXXX: It's not a loss if your position is closed at the current price of the market or where you get ADL'ed at
[2016-10-18 00:23:34] BitMEX_Greg : As opposed to the DPE method whereby X% of your profit is taken from you
[2016-10-18 00:25:16] sleger : BitMEX_Greg: could you please ask the admins to clarify the switch from mark price from last to spot price for ZEC when it goes live. In particular, is the plan to wait days for liquidity to improve, or switch asap ?
[2016-10-18 00:25:21] XXXX : BitMEX_Greg: what if I dont want to close the long position at the ADL'd price. Can Bitmex guarantee is that i will be able to reopen that position again at the ADLed price, moments after getting ADLed?
[2016-10-18 00:25:39] BitMEX_Greg : sleger: sure will bring it up
[2016-10-18 00:26:53] XXXX : BitMEX_Greg: ZEC traders are not interested in margin. If long they should have enough funds to cover their position if the price goes to Zero. if short they should have enough funds to cover if the price rises 5 times. No one will be ADLed then.
[2016-10-18 00:27:21] BitMEX_Greg : XXXX: No we cannot guarantee that. What we can guarantee, however is that you will never have a negative account balance.
[2016-10-18 00:28:18] BitMEX_Greg : XXXX: Not sure shorts would agree with you there
[2016-10-18 00:28:25] XXXX : BitMEX_Greg: thats is not for the benefir of customer but for Bitmex's own benefit. because unlike traditional stockmarket exchange there is no way bitmex can recoup negative balance from customers.
[2016-10-18 00:29:04] BitMEX_Greg : XXXX: It is for your benefit, we do not require any KYC details from you when you sign up.
[2016-10-18 00:29:19] sleger : bitmex has zero market risk @XXXX
[2016-10-18 00:29:43] BitMEX_Greg : No Bitcoin exchange would operate like a normal stock exchange.
[2016-10-18 00:30:10] XXXX : BitMEX_Greg: Even if you require KYC details there is no way you can go after customer if there balance is negative. you know it.
[2016-10-18 00:30:59] BitMEX_Greg : It restricts the ability to offer leverage.
[2016-10-18 00:31:20] BitMEX_Greg : And I just don't get your point. Are you suggesting BitMEX should take that risk on?
[2016-10-18 00:32:51] XXXX : BitMEX_Greg: thats the point. leverage. you think traders of ZEC are after leverage. you are wrong. they are trading here because there is no other exchange for it. they dont need leverage. they need a place to trade. you should seriously consider raising margin requirement esp for shorters. otherwise ZEC will be ADLed numerous times every day in the first few weeks after launch.
[2016-10-18 00:33:17] XXXX : BitMEX_Greg: no bitmex should not take that risk but the shorter should take that risk.
[2016-10-18 00:34:05] sleger : i'm gonna get you ADLed sooooo bad :D
[2016-10-18 00:34:06] laisee : XXXX: u like to have mor aggressive margin call system?
[2016-10-18 00:34:51] BitMEX_Greg : XXXX: Unfortunately it's a bit of a balancing act. You wouldn't get many people shorting if they had stricter margin requirements, as a result price would be higher from lack of liquidity.
[2016-10-18 00:35:08] XXXX : sleger: you can only ADLed me if i am in profit. I have enough funds to cover even if the price of ZEC goes to negative.
[2016-10-18 00:35:55] sleger : you did not understand. I am going to get you ADL'ed at 0.5 and miss all the upside from 0.5 to 1 @XXXX
[2016-10-18 00:36:00] laisee : sleger will take all our retirement funds. oh noes.
[2016-10-18 00:36:05] BitMEX_Greg : sleger: To answer your earlier question, essentially we will switch to Mark when we turn the switch on for the market price. As to when we do that switch to the reference market, we will need to evaluate once it lists. (I'm guessing it's going to be Polo, but we aren't committed to a hard date)
[2016-10-18 00:36:44] sleger : BitMEX_Greg: Ok, I understood that, but the question is once it lists on polo, do you switch immediately or wait days that the supply is more reasonable ?
[2016-10-18 00:38:40] BitMEX_Greg : sleger: Hard to say, there is going to be a limited supply on ZEC for the first 30 days apparently. But I'm sure we will have a decision before then
[2016-10-18 00:40:42] XXXX : sleger: ha ha.. got it. But it is still not bullerproof that I get ADLed only in profit. First rule of ADL engine is that bitmex should not bear any loss. Second rule is to try to distribute among longers and shorters depending on their profit and leverage.
[2016-10-18 00:41:27] sleger : i am short, if i get liq, only longs will get closed out
[2016-10-18 00:43:00] XXXX : sleger: more likely the switch will happen within 24 hours of ZEC listing on polo. That's my opinion.
[2016-10-18 00:58:57] XXXX : sleger: If you are short ZEC, and ZEC prices rises high enough to make your unrealised loss equal to your total wallet balance in BTC then your short will need to be closed because you cannot have negative BTC balance. If another trader is willing to sell ZEC at that price then your short position will be closed by opening that other traders short position. if no one is
[2016-10-18 01:00:18] XXXX : if there is not enough liquidity in the market then another traders long position will be closed (even if that other traders does not want to close) at that price to close your short position.
[2016-10-18 01:00:53] sleger : i'm glad you understand how it works, not sure why you are trying to explain me
[2016-10-18 01:12:42] dasdfasdf : " limited supply on ZEC for the first 30 days apparently."
[2016-10-18 01:12:51] dasdfasdf : Should be only 30 hours