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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[2016-10-21 22:53:43] mjones : damn and sold back down
[2016-10-21 23:37:39] AudibleScience : hey any admins here?
[2016-10-21 23:38:46] AudibleScience : how come a lot of my ADL lights are on?
[2016-10-21 23:41:27] mjones : usual always are
[2016-10-21 23:41:49] mjones : i guess it depends what you trade and the leverage
[2016-10-21 23:47:18] AudibleScience : yeah but I thought the "Unrealised PNL" had to be positive to be on the top.
[2016-10-21 23:48:23] MrRGnome : AudibleScience: nope, even small losses can be force closed especially when there is no insurance fund
[2016-10-22 00:35:19] BitMEX_Jinming : AudibleScience: for the ADL ranking, first it estimates at which price there will be liquidation, then calculates your ranking at that price.
[2016-10-22 00:36:37] AudibleScience : BitMEX_Jinming: cheers
[2016-10-22 00:51:27] martinium : wonder whos bot keeps putting in order for only 50 bucks at a time
[2016-10-22 02:00:12] Rado : very slow
[2016-10-22 02:00:21] Rado : not only BTC is not moving
[2016-10-22 02:00:32] Rado : but also alt coins have been stuck for teh most part
[2016-10-22 02:05:36] laisee : because internet is down?
[2016-10-22 02:44:20] laisee : 1/2 joking ... any exchanges affected?
[2016-10-22 03:06:58] Rado : I did not have any internet interruptions yet
[2016-10-22 03:25:56] mjones : does this look like a good idea? http://i.imgur.com/T5AzGV2.jpg
[2016-10-22 03:29:42] Rado : lol
[2016-10-22 06:11:46] mjones : btc new high
[2016-10-22 06:11:52] mjones : where are those 100x margin calls
[2016-10-22 06:26:10] crypton00b : btc going even higher
[2016-10-22 06:34:35] REKT : Liquidated short on `XBTUSD`: Buy 150 @ 632.50
[2016-10-22 06:40:17] REKT : Liquidated short on `XBTUSD`: Buy 9 @ 632.72
[2016-10-22 08:00:35] REKT : Liquidated short on `XBTUSD`: Buy 59731 @ 634.15 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-10-22 09:57:07] REKT : Liquidated long on `ETHXBT`: Sell 1000 @ 0.01886
[2016-10-22 10:52:52] REKT : Liquidated long on `LTCXBT`: Sell 237 @ 0.00601
[2016-10-22 12:00:05] REKT : Liquidated long on `ZECZ16`: Sell 15 @ 0.155631
[2016-10-22 12:00:17] REKT : Liquidated long on `ZECZ16`: Sell 9 @ 0.148247
[2016-10-22 12:00:22] REKT : Liquidated long on `ZECZ16`: Sell 4 @ 0.138751
[2016-10-22 12:01:02] REKT : Liquidated short on `ZECZ16`: Buy 547 @ 0.173855
[2016-10-22 12:01:08] habibi : buhahahahah
[2016-10-22 12:01:14] habibi : omg :D
[2016-10-22 12:01:20] habibi : nice shorter :D
[2016-10-22 12:03:14] dasdfasdf : mega rekt
[2016-10-22 12:03:30] dasdfasdf : 50+ BTC?
[2016-10-22 12:05:24] habibi : Good job shorter :)
[2016-10-22 12:20:34] esuvari : anyone from bitmex here?
[2016-10-22 12:25:34] esuvari : you are deliberately misleading people with the estimated liquidation price you show before entering a trade. stop it, it's been a month since I opened a ticket and nothing has been done.
[2016-10-22 12:25:38] Mm bot : This evil delerverage took out my ZEC long position from 0.14, sold at 0.18. Now I can't get back in easily
[2016-10-22 12:25:54] esuvari : remove it altogether at least, it's better than misleading.
[2016-10-22 12:26:16] dasdfasdf : zcash contract is fucked
[2016-10-22 12:26:48] esuvari : a 100x btc position shows the liquidation 9 dollars away when in fact it is only 3 dollars. this is unacceptable.
[2016-10-22 12:26:54] habibi : esuvari: u are the one that got liquidated on zcash?
[2016-10-22 12:27:10] esuvari : nope, I don't trade things that do not exist
[2016-10-22 12:27:26] k0d3 : lol.. my long deleveraged
[2016-10-22 12:27:51] k0d3 : from 0.15
[2016-10-22 12:27:55] habibi : sorry guys, needed to try liquidate that shorter,it worked :)
[2016-10-22 12:28:40] esuvari : seriously, does it only happen to me? is it a client side issue I wonder. how can people be ok with this?
[2016-10-22 12:29:03] habibi : esuvari: i have never had any issues with liquidation price, remember one position can affect another
[2016-10-22 12:29:11] habibi : esuvari: provide some screenshots
[2016-10-22 12:29:21] esuvari : I don't mean the one that's shown after you enter a position.
[2016-10-22 12:29:38] esuvari : I mean the one that displays when you hover on the buy (or sell) button
[2016-10-22 12:29:51] esuvari : https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/13010778637/original/ss.png?1473416051
[2016-10-22 12:30:41] esuvari : a 33x eth position's liquidation can't be 82 pips away. it should be more like 20 pips.
[2016-10-22 12:31:15] esuvari : this gravely misleads traders, gives them false confidence that liq. level is far away but when they enter a trade, they see the real liq. price.
[2016-10-22 12:33:41] esuvari : another, a more recent one: http://imgur.com/a/hldN2
[2016-10-22 12:34:30] esuvari : it says if I enter this 100x btc long at 635.5 trade I will be liquidated at 626.10
[2016-10-22 12:35:10] esuvari : but when I do enter a trade, I see that liq. price is in fact 632 something.
[2016-10-22 12:35:22] esuvari : 6 dollar difference is unacceptable
[2016-10-22 12:38:32] esuvari : seriously, this bothers no one?
[2016-10-22 12:38:37] XXXX : WTF bitmex. Zec long position ADLed at 20% profit. And i dont use leverage.
[2016-10-22 12:39:05] habibi : there was one big shorter with 547 position,and got liquidated thats why most of positions god ADLed
[2016-10-22 12:39:24] habibi : got*
[2016-10-22 12:39:51] XXXX : habibi: so much for their claim of "rare" events of ADL.
[2016-10-22 12:42:04] habibi : otherwise with old system u would get almost no profit above 0.181 today
[2016-10-22 12:42:44] habibi : how is that better?
[2016-10-22 12:45:04] habibi : not only today, probally there would not be a shorter to fill that liquidation and we would have dpe every day we have higher price then last rebalance
[2016-10-22 13:06:46] Mm bot : Wtf, why my winning long got delerveraged/liquidated. I thought your algo is against manipulation
[2016-10-22 13:12:54] sleger : liquidation is not the same as manipulation
[2016-10-22 13:13:04] XXXX : In ZEC, ADL traders are 80% and traders 20%. What a shame bitmex.
[2016-10-22 13:13:22] esuvari : Mm bot: that's exactly what it does. it says "now now, that's enough profit boys, see there are unfortunate ones that get rekt" to winning positions
[2016-10-22 13:13:45] esuvari : and takes away the chance from them to profit more
[2016-10-22 13:14:28] martinium : Means some noobs overleveraged and since liquidity is light they shave everyones profits for that instrument to avoid actual socialized losses
[2016-10-22 13:15:11] martinium : I think it is acceptable until volume grows more
[2016-10-22 13:15:43] martinium : once liquidity grows ADL events would be more rare
[2016-10-22 13:15:48] esuvari : how can you overleverage on an asset that only offers 2x?
[2016-10-22 13:15:58] XXXX : Leverage should be adapted to liquidity. Why is ZEC even allowed to trade at leverage. ZEC traders dont want leverage. Especially the one who are long.
[2016-10-22 13:16:00] esuvari : what's sensibly leveraged? 1.5x?
[2016-10-22 13:17:23] martinium : Any trading means someone has to lose for you to win thats how markets work. So those who leverage amplify this substantially
[2016-10-22 13:17:51] hazir : wondering if people are wack enough to buy zcash future at 0.23 again.
[2016-10-22 13:18:22] martinium : this is IMO a good environment for new traders to learn how leverage works with their own money because at least the ADL protects them from losing more than they put in.
[2016-10-22 13:18:25] XXXX : martinium: if ADL is supposed to be rare. Shouldnt bitmex adjust the leverage so as to make these events really rare.
[2016-10-22 13:18:47] esuvari : XXXX: I agree. factom offering 10x is insane for example. xmr offers the same leverage with 50 times bigger volume
[2016-10-22 13:19:38] martinium : They give traders that option which is fantastic. So as new traders learn lessons from overleveraging it should happen less
[2016-10-22 13:21:02] XXXX : esuvari: bitmex is only i interested in more high fees. High leverage means MOAR fees.
[2016-10-22 13:22:10] esuvari : what's more outrageous is that they mislead the traders with misleading liquidation levels before they enter a trade.
[2016-10-22 13:22:27] esuvari : I've been saying this for a month but they deliberately keep it on.
[2016-10-22 13:22:47] martinium : XXXX: high leverage does mean higher fees but it also means higher profits.. it is proportional. Thats why the fees are fractional percents to begin with. They make more with more trading volume.
[2016-10-22 13:23:07] esuvari : how can a 100x btc position's liq. level be 9 dollars away? http://imgur.com/a/hldN2
[2016-10-22 13:23:24] sleger : esuvari: we dont see the mark price in your pic
[2016-10-22 13:23:37] XXXX : martinium: what higher profit? I got adled at 20% profit in my ZEC long.
[2016-10-22 13:23:49] esuvari : sleger: doesn't matter. the entry price is what matters
[2016-10-22 13:23:55] martinium : esuvari: those liquidation levels are more a guideline and any trader worth his salt manages their risk to avoid getting liquidated.
[2016-10-22 13:23:56] esuvari : the mark price was around there anyway
[2016-10-22 13:24:27] martinium : XXXX: were you left with any profits after the ADL?
[2016-10-22 13:25:06] sleger : if you want an answer send them an email
[2016-10-22 13:25:29] martinium : should have had 80% of your profit remaining
[2016-10-22 13:25:29] esuvari : martinium: there's a simple fact guys. this feature used to work correctly. It doesn't now. and it's been a month.
[2016-10-22 13:25:32] XXXX : martinium: like i said 20% profit. And now i cant get back in at the adled price.
[2016-10-22 13:25:54] kay : Hey bitmex my position was closed without any notification. Says dele verge
[2016-10-22 13:26:09] esuvari : sleger: I did. they said we're working on it. but it's so outrageous to keep it there, why not remove it if it doesn't work right?
[2016-10-22 13:26:18] martinium : XXXX: were you at 100x leverage?
[2016-10-22 13:27:22] kay : How can you close my position when I have money in my wallet
[2016-10-22 13:28:25] sleger : esuvari: maybe its still assuming 50x leverage
[2016-10-22 13:28:32] XXXX : martinium: I was not using any leverage. Average buy cost 0.145 btc per zec. Avg sell price 0.18. So thats 20 to 30% profit. I didnt want to close my position till parity. Why the fuck should i have to close my position earlier just because sellers dont have enough funds.
[2016-10-22 13:28:36] sleger : in which case its simply a parameter to change
[2016-10-22 13:29:03] sleger : kay: cause you were not on cross margin
[2016-10-22 13:29:24] esuvari : sleger: exactly. what's worse is that it displays the correct level "after" you enter the trade. so it's definitely a bug, they know it and just keep it there
[2016-10-22 13:29:42] kay : But I still have money left
[2016-10-22 13:29:54] sleger : kay: good so you can try again
[2016-10-22 13:30:58] kay : sleger: I Was In Profit And My Position Was Closed. I had no leverage 1x
[2016-10-22 13:32:08] martinium : Looks like ADL affects all traders profit for the instrument whether or not you use any leverage
[2016-10-22 13:33:10] kay : I do trade with real money no leveragw and still my positions and orders were closed
[2016-10-22 13:33:32] martinium : profitable traders profits essentially sustain the system from crashing. Until liquidity grows substantially this will be common and preferable to the entire exchange getting rekt.
[2016-10-22 13:34:17] martinium : kay: did you incur losses when they closed your position or closed and you kept some of your profit?
[2016-10-22 13:34:38] martinium : i think zec leverage should even be offered if the coin itself doesnt even exist yet
[2016-10-22 13:34:49] martinium : shouldn't*
[2016-10-22 13:38:29] kay : Bitmex says"In accordance with BitMEX's risk management policies, your ZECZ16 position was identified as a high-risk or high-profit position. When large liquidations execute on BitMEX and are unable to be filled by the market without loss, profitable and/or highly-leveraged traders are chosen on a priority basis for deleveraging to cover the liquidation"
[2016-10-22 13:38:43] Kalman : its a zero sum game! as long as the exchange doesn't get rekt let them play XXXx. ADL secures all players
[2016-10-22 13:38:52] kay : But the profit I made was just .24 btc
[2016-10-22 13:39:37] Kalman : kay: the counter party didn't provide more funds. get over it
[2016-10-22 13:41:55] kay : U should deleveraging with your own funds not with mine. This policy of bitmex must be highlighted in btc talk
[2016-10-22 13:42:38] habibi : kay: go scream about ur own stupidity and come back, i need ur money
[2016-10-22 13:42:56] justinlooking : you will only make a fool of yourself kay... what do you expect?
[2016-10-22 13:43:00] Kalman : habibi: rofl
[2016-10-22 13:44:22] kay : It's like stealing money from small players to fill the pockets of large players.
[2016-10-22 13:44:46] kay : habibi: let's see that
[2016-10-22 13:44:49] habibi : the only reason of adl or dpe is to avoid system loss
[2016-10-22 13:45:15] justinlooking : perhaps bitmex should make it clearer ZECZ16 is very esoteric. but then it's a leveraged futures contract for a crypto that doesn't exist yet, on an unregulated exchange. not sure how much clearer it could be...
[2016-10-22 13:47:09] justinlooking : kay if u want to trade against "the house" you are not in the right place
[2016-10-22 13:52:15] sleger : insurance fund at 0kcoin is over 600btc and rarely goes down, risk of dpe there is tiny at the moment
[2016-10-22 13:52:32] REKT : Liquidated short on `XBTUSD`: Buy 1110 @ 636.21
[2016-10-22 13:54:08] mjones : 1 fomo away from a new btc high
[2016-10-22 13:55:43] mjones : because they only offer up to 20x there
[2016-10-22 13:57:01] Kahir : hello
[2016-10-22 13:57:15] Kahir : i got an email say my orders are deleverge what does this mean
[2016-10-22 13:58:03] habibi : i don't know mate, probally they testing some new stuff and u are choosen to do it
[2016-10-22 13:58:18] Kahir : habibi u name make me lol
[2016-10-22 13:58:20] sleger : you ate a clown today ?
[2016-10-22 13:59:07] habibi : Kahir: good to hear :)
[2016-10-22 14:23:28] k0d3 : zcash delayed to january
[2016-10-22 14:27:41] lord : is noone selling real ious? its really ridiculous, if the futures are always deleveraged after a little raise and you cant even buy back any because of the ridiculously set index price... guys whats the point. there are shorts, that are not buyable...
[2016-10-22 14:30:21] lord : i believe parity will come soon and I want to invest in it and its not working out even with 1x leverage.
[2016-10-22 14:35:13] XXXX : lord: even if these shorts are buyable whats the point. The long which opened at 0.18 will likely be ADLed if the price rises to mere .22 btc
[2016-10-22 14:37:15] justinlooking : XXXX: wtf m8
[2016-10-22 14:37:19] lord : so what does that mean, that the market is just too thin?
[2016-10-22 14:37:39] XXXX : justinlooking: ??
[2016-10-22 14:40:09] XXXX : lord: yup market is too thin compkunded by leverage used by noob shorters.
[2016-10-22 14:40:18] XXXX : Compounded
[2016-10-22 14:41:11] lord : xxxx: we were already >.24, it dropped to < .15, then rose again and I was kicked out at .18 although I bought at .16 or so. And that with a 1x. I don't get it...
[2016-10-22 14:41:46] lord : I mean I bought before the rise to .24 of course
[2016-10-22 14:42:30] XXXX : lord: its the leverage used by shorts thats the problem. Almost all long positions are at 1× leverage.
[2016-10-22 14:46:54] lord : so shouldn't the session limit upprice at least be shortly below the lowest short then. so that the deleveraging can be as high as possible? I should get the .24 instead
[2016-10-22 14:49:07] REKT : Liquidated short on `XBTUSD`: Buy 14 @ 637.64
[2016-10-22 14:51:45] XXXX : lord: shorters dont have the funds enough to buyback at .24 and bitmex have zero insurance funds so we long take a hair cut on the profit.
[2016-10-22 14:53:22] REKT : Liquidated long on `ETHXBT`: Sell 360 @ 0.01872
[2016-10-22 14:53:40] mjones : eth new low
[2016-10-22 14:54:52] REKT : Liquidated short on `XBTUSD`: Buy 8000 @ 638.01
[2016-10-22 14:55:38] lord : I thought shorters get deleveraged on the amount they can spend. so how can it drop after? if noone is shorting more?
[2016-10-22 14:56:57] lord : or is it the deleveraging set on a time frame? then you really think over your implementation
[2016-10-22 14:57:35] lord : If you need help, feel free to contact me ;-)
[2016-10-22 14:59:06] mjones : china!!
[2016-10-22 14:59:28] mjones : wish i closed my eth and xmr in bigger profit so this btc long would look better
[2016-10-22 14:59:34] rapidtrades : well....$640
[2016-10-22 14:59:48] rapidtrades : guess i should've used my normal size lol
[2016-10-22 14:59:59] mjones : bitfinex is going to get wild
[2016-10-22 15:00:06] rapidtrades : why
[2016-10-22 15:00:23] mjones : $10 higher and barely any sell orders with 8000 BTC short needing to buy back in
[2016-10-22 15:00:27] mjones : 4400
[2016-10-22 15:00:29] mjones : CNY
[2016-10-22 15:00:41] mjones : incoming rektness
[2016-10-22 15:00:56] rapidtrades : wtf
[2016-10-22 15:00:57] REKT : Liquidated short on `XBTUSD`: Buy 5300 @ 642.51
[2016-10-22 15:01:04] chromaticcr1 : DPE popopop
[2016-10-22 15:01:20] rapidtrades : $650 cos why not.....idiots
[2016-10-22 15:03:36] rapidtrades : can't believe bots still pull data from finex
[2016-10-22 15:03:57] Boontjie : rapidtrades: its arbiteage
[2016-10-22 15:04:11] Boontjie : I dont think the bots care where they get the money
[2016-10-22 15:05:14] laisee : That was a quickie P&D
[2016-10-22 15:05:54] Boontjie : https://twitter.com/ibankbitcoins?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
[2016-10-22 15:06:08] Boontjie : The best indicator ever, whatever this guy does, do the opposite
[2016-10-22 15:06:27] REKT : Liquidated short on `XBTUSD`: Buy 8000 @ 645.47
[2016-10-22 15:07:22] REKT : Liquidated long on `ETHXBT`: Sell 4022 @ 0.01860
[2016-10-22 15:07:35] justinlooking : hnghhhngh
[2016-10-22 15:08:19] mjones : bitfinex goes up $13 on 900 BTC volume
[2016-10-22 15:08:34] arbitrage001 : what's going on
[2016-10-22 15:08:38] mjones : rofl
[2016-10-22 15:08:40] arbitrage001 : btc going up
[2016-10-22 15:08:46] mjones : this is great
[2016-10-22 15:08:46] arbitrage001 : not that it affect me
[2016-10-22 15:08:48] REKT : Liquidated short on `XBTUSD`: Buy 86693 @ 646.04 **EPIC REKT** :unamused: :confounded: :astonished:
[2016-10-22 15:08:56] arbitrage001 : wish i didnt close my eth short yesterday
[2016-10-22 15:09:14] mjones : ADL = pissed off traders soo
[2016-10-22 15:09:17] mjones : DPE
[2016-10-22 15:09:30] mjones : whatever closes traders positions
[2016-10-22 15:09:32] arbitrage001 : i mean
[2016-10-22 15:09:42] arbitrage001 : what is the catalyst for btc going up
[2016-10-22 15:09:50] arbitrage001 : news that is
[2016-10-22 15:09:53] arbitrage001 : or rumur
[2016-10-22 15:09:58] arbitrage001 : or just quiet rally
[2016-10-22 15:10:00] mjones : it hit the big resistance so many times that someone finally broke through it
[2016-10-22 15:10:00] rapidtrades : idiots
[2016-10-22 15:10:13] justinlooking : ^prick
[2016-10-22 15:10:14] rapidtrades : that's the catalyst
[2016-10-22 15:10:26] laisee : Stock split Rumour
[2016-10-22 15:10:50] rapidtrades : omg nooooooooooooooo
[2016-10-22 15:10:53] Rado : stock split?
[2016-10-22 15:11:04] rapidtrades : yeah u get 2 for 1
[2016-10-22 15:11:22] rapidtrades : or 1 for 2
[2016-10-22 15:11:27] rapidtrades : whatever
[2016-10-22 15:13:37] arbitrage001 : how is the premium on okcoin on btc future
[2016-10-22 15:14:15] dasdfasdf : 11 bucks?
[2016-10-22 15:14:33] arbitrage001 : how many months?
[2016-10-22 15:14:38] arbitrage001 : dec contract?
[2016-10-22 15:14:44] dasdfasdf : thasts spot sorry
[2016-10-22 15:14:53] mjones : lol xmr
[2016-10-22 15:15:34] arbitrage001 : should it rally more, premium on spot will most likely go up
[2016-10-22 15:15:43] arbitrage001 : time for another round of arbitrage
[2016-10-22 15:16:51] mjones : bitfinex new high
[2016-10-22 15:18:22] REKT : Liquidated long on `XMR7D`: Sell 75 @ 0.009808
[2016-10-22 15:18:56] MrRGnome : About time the post halving bubble showed up.
[2016-10-22 15:18:57] daveberns1 : BFX 660!?
[2016-10-22 15:19:36] rapidtrades : daveberns1: no BTC left
[2016-10-22 15:19:39] chromaticcr1 : we're missing some rekt over here huh
[2016-10-22 15:19:44] rapidtrades : let the stupid abr bots get raped
[2016-10-22 15:22:27] REKT : Liquidated short on `XBTUSD`: Buy 632 @ 649.70
[2016-10-22 15:22:38] mjones : incoming rektness
[2016-10-22 15:23:18] REKT : Liquidated short on `XBTUSD`: Buy 2834 @ 653.77
[2016-10-22 15:23:22] REKT : Liquidated short on `XBTUSD`: Buy 107000 @ 654.00 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-10-22 15:23:25] mjones : LTC/BTC almost new 4 year low
[2016-10-22 15:23:32] chromaticcr1 : rip long ppl
[2016-10-22 15:23:39] mjones : 107k
[2016-10-22 15:23:45] mjones : have fun getting auto closed out during thie pump
[2016-10-22 15:23:53] chromaticcr1 : ADL FTW
[2016-10-22 15:23:54] justinlooking : 672 bfx is joke right?
[2016-10-22 15:24:06] mjones : nope. bitfinex lots of fiat
[2016-10-22 15:24:12] laisee : Bfx is the joke
[2016-10-22 15:26:09] Rado : damn I sold my swap too early
[2016-10-22 15:26:10] Rado : :(
[2016-10-22 15:26:29] Rado : still have some XBJZ16 at least
[2016-10-22 15:26:37] Rado : rapidtrades: what's up man
[2016-10-22 15:26:44] Rado : how are things?
[2016-10-22 15:26:59] mjones : 160 BTC in shorts closed during that pump on Bitfinex. went up $27 too lol
[2016-10-22 15:29:00] Rado : mjones: it's not about one exchange
[2016-10-22 15:29:14] Rado : moves are global
[2016-10-22 15:29:46] Rado : so even if one exchange gas very low volume, the price there will follow the global price
[2016-10-22 15:29:53] Rado : gas = has
[2016-10-22 15:30:51] MrRGnome : I love this volatility. Making life very good at the moment.
[2016-10-22 15:31:00] Rado : MrRGnome: :-)
[2016-10-22 15:31:52] Rado : ZEC not going down with the rest of the shitty coins
[2016-10-22 15:31:56] rapidtrades : i think chinese are just fomoing cos of china
[2016-10-22 15:32:08] rapidtrades : cos of finex
[2016-10-22 15:32:32] Rado : you think finex started the momo?
[2016-10-22 15:32:36] MrRGnome : Probably. I'm not such much into ascribing cause as just riding the waves. Any volatility is good volatility in my book.
[2016-10-22 15:32:51] Rado : agreed MrRGnome
[2016-10-22 15:33:27] Rado : it's so hard to trade when BTC range is $2-3
[2016-10-22 15:33:34] Rado : now is better
[2016-10-22 15:33:57] MrRGnome : looks like we're in a bubble fellas, I don't know about you but I'm tickled pink about it.
[2016-10-22 15:34:08] mjones : ya buddy
[2016-10-22 15:34:21] justinlooking : TWAP != VWAP right?
[2016-10-22 15:34:42] chromaticcr1 : True, T for time, V for volume
[2016-10-22 15:34:46] justinlooking : ty
[2016-10-22 15:35:30] justinlooking : lol dafuq is going on
[2016-10-22 15:36:52] Rado : so no one knows what drove the price up?
[2016-10-22 15:37:02] MrRGnome : som' ol' bfx bull'ish, dats wats goin' on.
[2016-10-22 15:37:03] tb : hi, can someone walk me through what the liquidation engine does?
[2016-10-22 15:37:20] tb : so let's say mark goes through someone's liquidation price
[2016-10-22 15:37:34] justinlooking : ADL Examples page tb
[2016-10-22 15:37:35] Rado : tb: fucks over traders that don't have stops
[2016-10-22 15:37:40] justinlooking : link right at bottom of adl page
[2016-10-22 15:37:48] MrRGnome : Then an order is put on the orderbook closing their position a the best price available. @tb
[2016-10-22 15:38:08] tb : but what if market is trading at premium
[2016-10-22 15:38:08] Rado : wait a minute guys
[2016-10-22 15:38:10] martinium : So many shorts rekt just now
[2016-10-22 15:38:20] Rado : he is asking about liquidations, not ADL
[2016-10-22 15:38:25] MrRGnome : tb: Then that's tough cookies, many of these markets do. You get the marked up price
[2016-10-22 15:38:39] Rado : these are two different events
[2016-10-22 15:38:44] tb : so say someone liquidation price is 650 and bankruptcy price 655
[2016-10-22 15:38:47] Velancry : back to 640 naow
[2016-10-22 15:39:00] tb : and market is bid 657
[2016-10-22 15:39:05] Rado : Velancry: Nah, $650 might hold
[2016-10-22 15:39:05] tb : is that when adl kicks in?
[2016-10-22 15:39:27] Velancry : Rado: if we had reached 670 I would stay long
[2016-10-22 15:39:28] Rado : for a bit at least
[2016-10-22 15:39:34] MrRGnome : adl will kick in when your maintenance margin is no longer met, and should be described by your liquidation price
[2016-10-22 15:39:38] justinlooking : stamp's got offers
[2016-10-22 15:39:46] tb : but i still see liquidation orders in the book
[2016-10-22 15:39:51] Rado : well it doesn't happen in an hour
[2016-10-22 15:39:54] Rado : give it some time
[2016-10-22 15:39:59] tb : so if those orders get filled obviously adl wont kick in
[2016-10-22 15:40:02] tb : so when does adl kick in?
[2016-10-22 15:40:12] MrRGnome : you'll be stuck with what's available on the order book though and may get a fairly differnt price than your exact liquidation price. You go bankrupt and the insuranc efund covers the difference
[2016-10-22 15:40:26] rapidtrades : MrRGnome: shut up midget
[2016-10-22 15:40:38] MrRGnome : rapidtrades: i'M 6'5" FIGHT ME
[2016-10-22 15:40:44] MrRGnome : FIGHT MEEEE
[2016-10-22 15:40:52] MrRGnome : <3
[2016-10-22 15:41:02] martinium : 6'5 and 130 lbs
[2016-10-22 15:41:08] martinium : lol
[2016-10-22 15:41:23] tb : oh i see
[2016-10-22 15:41:28] tb : If BitMEX is able to liquidate the position at better than the bankruptcy price, the additional funds will be added to the Insurance Fund. If BitMEX is unable to liquidate the position at the bankruptcy price, BitMEX will spend the Insurance Funds on aggressing the position in the market in an attempt to close it. If this still does not close the liquidated order, this will then lead to an Auto-Deleveraging event.
[2016-10-22 15:41:28] MrRGnome : I'm only 130 lbs because I'm such a bad trader that I can't feed myself =(
[2016-10-22 15:41:31] MrRGnome : don't make fun,
[2016-10-22 15:41:41] tb : how does aggressing the position work?
[2016-10-22 15:42:04] MrRGnome : aggressing is what they call closing your liquidation and not losing money int he process for bitmex or users
[2016-10-22 15:42:04] tb : uses insurance to bid higher than market?
[2016-10-22 15:42:05] martinium : aggressing? New trading term?
[2016-10-22 15:42:21] tb : err bid higher than bankruptcy?
[2016-10-22 15:42:21] martinium : ah good shit yo
[2016-10-22 15:42:40] MrRGnome : aggressing = strategies we use to limit our and our users liability from liquidations.
[2016-10-22 15:42:49] MrRGnome : from bitmex prospective
[2016-10-22 15:43:05] MrRGnome : not poor liquidated chronic gambler, he's fucked.
[2016-10-22 15:43:12] Rado : tb: think about it this way: shorts and longs are moving money between each other. To cover trades money have to come from somewhere. Always all trades equal 0
[2016-10-22 15:43:47] justinlooking : MrRGnome: perspective
[2016-10-22 15:43:54] MrRGnome : thanks
[2016-10-22 15:43:59] tb : i know what adl is for
[2016-10-22 15:44:06] tb : i just want to know what triggers an adl
[2016-10-22 15:44:12] MrRGnome : liquidation does
[2016-10-22 15:44:17] tb : no it doesn't
[2016-10-22 15:44:21] tb : not in most cases
[2016-10-22 15:44:27] tb : most cases liquidations hit the book
[2016-10-22 15:44:30] tb : and if its fully filled
[2016-10-22 15:44:35] tb : it doesnt go to adl
[2016-10-22 15:44:48] tb : but if its not filled
[2016-10-22 15:45:53] tb : then the liquidation engine tries to trade at a more aggressive price than the bankruptcy price
[2016-10-22 15:45:56] MrRGnome : Yeah, or the insurance fund. If you want to call ADL only the liquidations of users who aren't liquidated because of collateral but because the insurance fund is empty and the market volume isn't there to close liquidations, then ADL occurs once liquidations happen when no market volume exists and the insurance fund is dry
[2016-10-22 15:45:58] tb : (which uses the insurance fund)
[2016-10-22 15:46:42] dasdfasdf : ADL happens when mark passes bankruptcy price. Right?
[2016-10-22 15:47:14] tb : i really want to talk to one of the bitmex guys
[2016-10-22 15:48:13] rapidtrades : bitmex guys like to take it easy on tje weekends
[2016-10-22 15:48:28] rapidtrades : doing hookers or blow
[2016-10-22 15:48:41] rapidtrades : likely both :)
[2016-10-22 15:50:47] aethlios : I like that premium.
[2016-10-22 15:51:14] justinlooking : i would like it a bit more if my entry weren't so shitty
[2016-10-22 15:55:46] aethlios : finex 20 usd above stamp.
[2016-10-22 15:56:29] rapidtrades : finex following china....or china bots following finex
[2016-10-22 15:56:36] justinlooking : i have no monies in stamp :/
[2016-10-22 15:58:25] aethlios : this move leads to 1200, eurusd crashing, so usd appreciation means yuan devaluation and btc rally from china exporting yuan abroad. also eurusd technically could go to 0.83 historic low.
[2016-10-22 15:59:14] aethlios : so many europeans could start buying btc as a hedge against euro, pound collapsing also.
[2016-10-22 16:01:31] arbitrage001 : aethlios: you are back
[2016-10-22 16:01:49] arbitrage001 : making profit now? since you disappear for a bit
[2016-10-22 16:01:54] aethlios : volatility is back also.
[2016-10-22 16:02:16] arbitrage001 : we have opposite trading philosolphy then
[2016-10-22 16:02:18] effimov : volatility has been here for some time now
[2016-10-22 16:02:27] arbitrage001 : since i have 0 position
[2016-10-22 16:02:28] rapidtrades : i disagree
[2016-10-22 16:02:31] arbitrage001 : on anything
[2016-10-22 16:04:06] rapidtrades : today has been first volatile day since oct11
[2016-10-22 16:04:20] aethlios : I look this 0.2 zcash and btc going down and want to short that shit, but I will wait for 28 okt.
[2016-10-22 16:04:38] rapidtrades : how is btc going down
[2016-10-22 16:05:09] arbitrage001 : aethlios: are you invested into finex equity?
[2016-10-22 16:05:25] arbitrage001 : their cfo sounds desperate lately
[2016-10-22 16:05:54] arbitrage001 : thinking of moving all stuffs away from finex
[2016-10-22 16:05:59] rapidtrades : arbitrage001: show me
[2016-10-22 16:06:12] rapidtrades : prolly getting the lawsuits
[2016-10-22 16:06:13] arbitrage001 : rapidtrades: show what?
[2016-10-22 16:06:20] rapidtrades : what did he think will happen
[2016-10-22 16:06:23] aethlios : arbitrage001: no I didn't, I will just hold bfx as collateral. the problem was I want that capital to use it for trading, if the stock was tradeable and could use it as margin on finex I would invest.
[2016-10-22 16:06:30] rapidtrades : arbitrage001: where is he being desperate
[2016-10-22 16:07:28] arbitrage001 : when you login finex
[2016-10-22 16:07:47] arbitrage001 : he is trying to communicate with hacker to work out a deal
[2016-10-22 16:07:55] arbitrage001 : this is a sign of desperatation
[2016-10-22 16:08:12] arbitrage001 : he said want to work out a deal
[2016-10-22 16:08:25] Kalman : this is proper action to recover client funds
[2016-10-22 16:08:26] arbitrage001 : i think what he really want is screw everyone else
[2016-10-22 16:08:35] rapidtrades : 'hacker'
[2016-10-22 16:08:38] arbitrage001 : most likely deal is
[2016-10-22 16:08:58] arbitrage001 : allow him to buy rtt or bfn token as much as possible
[2016-10-22 16:09:04] arbitrage001 : on the market
[2016-10-22 16:09:11] arbitrage001 : then villa
[2016-10-22 16:09:15] arbitrage001 : return the coins
[2016-10-22 16:09:39] arbitrage001 : suddenly, the hacker money is usable
[2016-10-22 16:09:56] arbitrage001 : anyone who sold rtt or token at low price get screwed
[2016-10-22 16:10:40] Kalman : noone had to sell
[2016-10-22 16:10:41] rapidtrades : pls show me what's going on
[2016-10-22 16:10:49] rapidtrades : do i have to login to shitfinex?
[2016-10-22 16:10:57] arbitrage001 : just a wild s speculation
[2016-10-22 16:11:05] arbitrage001 : not sure where i read it
[2016-10-22 16:11:14] arbitrage001 : i only keep information in my head
[2016-10-22 16:11:31] rapidtrades : are u kidding
[2016-10-22 16:11:34] Kalman : unfortunately your mouth opens
[2016-10-22 16:11:35] aethlios : what do you think about ltcusd??
[2016-10-22 16:11:36] arbitrage001 : and then spew out my own specuation on most likely event
[2016-10-22 16:12:03] arbitrage001 : aethlios: ltcusd is finished
[2016-10-22 16:12:11] arbitrage001 : aethlios: 0 innovation
[2016-10-22 16:12:34] arbitrage001 : aethlios: and the coin basis of asic resistance is false
[2016-10-22 16:12:54] rapidtrades : arbitrage001: remember
[2016-10-22 16:17:18] Rado : $20 arbitrage now between stamp and china
[2016-10-22 16:18:15] huangyong : Rado: good
[2016-10-22 16:18:15] arbitrage001 : Rado: do it then
[2016-10-22 16:18:38] Rado : I don't have accounts on Chinese exchanges
[2016-10-22 16:18:41] arbitrage001 : seen the spread went as high as 10% this year
[2016-10-22 16:18:46] arbitrage001 : before finex hacked
[2016-10-22 16:18:46] rapidtrades : arbitrage001: remember.
[2016-10-22 16:19:05] rapidtrades : i'll bug u until u tell me where u read that
[2016-10-22 16:19:06] +1 : aethlios: your analysis is the best here at this point
[2016-10-22 16:19:07] huangyong : arbitrage001: 搬砖搬砖搬砖搬起来
[2016-10-22 16:19:15] chromaticcr1 : huangyong: 你又来了
[2016-10-22 16:19:45] huangyong : Rado: I have accounts on Chinese exchanges
[2016-10-22 16:19:48] Rado : rapidtrades: what is that?
[2016-10-22 16:19:54] arbitrage001 : chromaticcr1: huangyong: is most likely a chinese whale
[2016-10-22 16:19:59] Rado : google search can find you anything you want
[2016-10-22 16:20:03] chromaticcr1 : 小伙伴们过夜费又要飞天了 呵呵
[2016-10-22 16:20:08] arbitrage001 : if you see him here, buy as much btc as you can
[2016-10-22 16:20:17] arbitrage001 : maybe i should do the same
[2016-10-22 16:20:22] Rado : huangyong: We were talking about arbitrage opportunity if you have accounts in both exchanges
[2016-10-22 16:20:49] Rado : short China and long bitstamp until the spread goes down
[2016-10-22 16:21:11] chromaticcr1 : arbitrage001: yes he is a whale in BTCC ;) @Rado yup，搬砖 = moving "bricks"
[2016-10-22 16:21:47] rapidtrades : Rado: he sayd the CFO of finex gave up and tries to negotiate with hacker
[2016-10-22 16:21:58] Rado : yes
[2016-10-22 16:22:07] Rado : I posted the bitfinex page on twitter
[2016-10-22 16:22:10] aethlios : Rado: just not yet, spread will widen much more if rally only started.
[2016-10-22 16:22:11] Rado : let me give it to you
[2016-10-22 16:22:32] Rado : aethlios: haven't seen it much more than $30 and only for short period
[2016-10-22 16:23:04] Rado : rapidtrades: https://twitter.com/GlobalLife365/status/789564992148221952
[2016-10-22 16:23:16] arbitrage001 : rapidtrades: i didnt say the cfo gave up,
[2016-10-22 16:23:28] arbitrage001 : rapidtrades: just saying he is trying to negotiate
[2016-10-22 16:23:36] arbitrage001 : which is a sign of desperation
[2016-10-22 16:24:05] huangyong : Rado: 是的，现在是套利的好机会
[2016-10-22 16:24:05] aethlios : Rado: better think in %, so previous rally was 430>800 almost 100%. This rally 600>1200?? then spread could reach 100 to 120 usd, a 10%.
[2016-10-22 16:24:25] Rado : arbitrage001: I would say it's a sign of trying to make money for the company
[2016-10-22 16:24:36] Rado : aethlios: you are not wrong if the rally continues
[2016-10-22 16:24:52] Rado : I was assuming for now we will stall at this price
[2016-10-22 16:24:58] arbitrage001 : if they cant convert $40M of toekn to equity, they are in bad situation
[2016-10-22 16:25:29] +1 : aethlios: at what price do u think this rally will stop?
[2016-10-22 16:26:35] aethlios : +1: if rally is legit then 1150-1200 is the top, a little hold to 800, and then no other resistance up to previous ATH of 1175. There will be a battle.
[2016-10-22 16:27:47] supporter : aethlios: you mean to say bitcoin price ??
[2016-10-22 16:28:01] chromaticcr1 : +1: price= moon?
[2016-10-22 16:28:08] aethlios : above 1200 the bull market starts, we just try to recover the last 3 years. but if btc makes new ATH this means the secular btc bull market continues.
[2016-10-22 16:28:17] +1 : aethlios: wow. and if it is legit, how long until we get there?
[2016-10-22 16:28:29] aethlios : +1: a month
[2016-10-22 16:29:16] Rado : +1 nice nick
[2016-10-22 16:29:57] dasdfasdf : +1
[2016-10-22 16:30:24] aethlios : 1175 will be a bloody bull-bear battle, all holders will be profitable, many will sell because strong technical resistance, price could retrace to 900-950, but above 800, but it will recover fast.
[2016-10-22 16:33:10] Rado : aethlios: agreed, but the timeframe is what is most important
[2016-10-22 16:33:16] Rado : at least for short term traders
[2016-10-22 16:33:48] aethlios : all these are estimates.
[2016-10-22 16:34:32] +1 : aethlios: I tend to feel the same. But one month funding rate will kill us no?
[2016-10-22 16:35:03] Rado : +1: I trade December Yen futures for long term and swap for short term trades
[2016-10-22 16:35:05] +1 : Rado: Thanks man. And yours too -- been reading you
[2016-10-22 16:35:11] Rado : you don't have to hold swap for months
[2016-10-22 16:35:23] aethlios : +1: yes it will. you can use other instruments for long term holding.
[2016-10-22 16:35:34] rapidtrades : we're not going above $800
[2016-10-22 16:35:50] rapidtrades : bubble popped few months ago
[2016-10-22 16:36:01] justinlooking : ^ 900 confirmed
[2016-10-22 16:36:29] aethlios : epic 4 digit btc price is near.
[2016-10-22 16:37:47] Rado : rapidtrades: It depends on the global state of politics and economy
[2016-10-22 16:37:54] rapidtrades : no it doesn't
[2016-10-22 16:38:15] Rado : somethign could happen that will spook people and BTC can go to $2000 over a week period
[2016-10-22 16:38:20] Rado : yes it does
[2016-10-22 16:38:31] Rado : are you even aware of what's happening?
[2016-10-22 16:38:32] arbitrage001 : Rado: it really depend on chinese whale
[2016-10-22 16:38:57] Rado : arbitrage001: it's not about Chinese or anyone else
[2016-10-22 16:39:07] arbitrage001 : if chinese whale buy, then it will go go over 1000
[2016-10-22 16:39:11] Rado : it's about central banks losing control
[2016-10-22 16:39:25] rapidtrades : why would smone buy when the already fot f*cked at 800
[2016-10-22 16:39:34] RocketScience : rising interest rates
[2016-10-22 16:39:35] Rado : 20 trillion debt and they can't raise rates
[2016-10-22 16:39:35] rapidtrades : give it a year or two for new idiots to come in
[2016-10-22 16:40:06] Rado : people are doing it wrong
[2016-10-22 16:40:08] rapidtrades : everyone who longed at 660-800 is now nderwater
[2016-10-22 16:40:12] RocketScience : who will default first?
[2016-10-22 16:40:16] Rado : they are trying to make fiat by trading BTC
[2016-10-22 16:40:25] Rado : I trade BTC to make BTC
[2016-10-22 16:40:26] rapidtrades : plz none of that garbage matters
[2016-10-22 16:40:28] Rado : never convert to fiat
[2016-10-22 16:40:49] Rado : then BTC volatility doesn't affect me
[2016-10-22 16:41:09] dasdfasdf : When people find out BTC can scale with segwit i think that will help.
[2016-10-22 16:41:10] Rado : my average price of BTC is about $380
[2016-10-22 16:41:43] arbitrage001 : Rado: different approach here
[2016-10-22 16:41:53] arbitrage001 : all my btc are usually hedge somewhere
[2016-10-22 16:41:59] RocketScience : china under 4500
[2016-10-22 16:42:08] rapidtrades : oh noes
[2016-10-22 16:42:14] RocketScience : this is an important technical number now
[2016-10-22 16:42:18] Rado : arbitrage001: that means you can only make fiat
[2016-10-22 16:42:23] Rado : your BTC will be constant
[2016-10-22 16:42:32] Rado : I want to accumulate more BTC for the future
[2016-10-22 16:42:32] arbitrage001 : Rado: correct
[2016-10-22 16:42:38] arbitrage001 : but profit is in btc
[2016-10-22 16:42:42] Rado : what would you do with your fiat?
[2016-10-22 16:42:47] arbitrage001 : which i cash out every month
[2016-10-22 16:42:57] arbitrage001 : tea and girls
[2016-10-22 16:43:04] Rado : I am not talking monthly expenses
[2016-10-22 16:43:14] arbitrage001 : since i dont drink alcohol
[2016-10-22 16:43:16] Rado : I am talking investment for long term
[2016-10-22 16:43:21] Rado : lol
[2016-10-22 16:43:28] Rado : girls is nice
[2016-10-22 16:43:34] arbitrage001 : yea
[2016-10-22 16:43:42] arbitrage001 : economic in my country is doing so bad
[2016-10-22 16:43:52] REKT : Liquidated long on `REP7D`: Sell 1086 @ 0.007877
[2016-10-22 16:43:54] arbitrage001 : even prostitute is suffering
[2016-10-22 16:43:59] Rado : arbitrage001: which country is that?
[2016-10-22 16:44:04] arbitrage001 : malaysia
[2016-10-22 16:44:05] laisee : zimbabwe?
[2016-10-22 16:44:13] Rado : oh yeah I remember
[2016-10-22 16:44:30] Rado : are you still investing in local mining company?
[2016-10-22 16:44:31] rapidtrades : can u believe this bullshit http://blog.bitfinex.com/announcements/message-individual-responsible-bitfinex-security-incident-august-2-2016/
[2016-10-22 16:44:49] arbitrage001 : Rado: what mining company?
[2016-10-22 16:45:05] arbitrage001 : Rado: have quit cryto mining long time ago
[2016-10-22 16:45:07] Rado : or was it a company that trades BTC
[2016-10-22 16:45:22] arbitrage001 : negative profit with high risk