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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[2016-10-24 20:38:36] j8 : it was bullish in the sense that people continued to be willing to pay 0.375% every 8 hours
[2016-10-24 20:39:14] MrRGnome : But the goal of the funding rate is to create orderbook volume, not measure market sentiment.
[2016-10-24 20:39:24] BitMEX_Sam : https://blog.bitmex.com/site_announcement/a-note-on-xbj-price-anomalies/
[2016-10-24 20:39:24] MrRGnome : I mena it can be used for that, but that'
[2016-10-24 20:39:33] MrRGnome : that's not what I undertand it to be for
[2016-10-24 20:42:53] j8 : the rate was at its maximum, if the price continued up and shit got crazy then it wouldn't be enough for me to keep selling. price was pretty calm though so it worked out
[2016-10-24 20:46:12] sleger : MrRGnome: the funding rate is the only thing that keeps the swap trading close to the index
[2016-10-24 20:46:35] MrRGnome : sleger: I disagree with that assertion, I believe there is evidence it often does the opposite.
[2016-10-24 20:46:59] sleger : MrRGnome: what else would prevent that it trades at 100 or 2000 ?
[2016-10-24 20:47:22] sleger : if there is no settlement, and no physical delivery
[2016-10-24 20:48:43] MrRGnome : I'm in favor of settlement based solutions
[2016-10-24 20:49:00] sleger : MrRGnome: you didnt answer the question
[2016-10-24 20:49:09] wurstgelee : gravity?
[2016-10-24 20:49:19] MrRGnome : You're asking what other means can be used to keep the orderbook price comparable to mark price?
[2016-10-24 20:49:24] sleger : no
[2016-10-24 20:49:39] sleger : I said " sleger: MrRGnome: the funding rate is the only thing that keeps the swap trading close to the index" and you said you disagreed
[2016-10-24 20:49:45] MrRGnome : I do.
[2016-10-24 20:49:53] sleger : well then you're just wrong
[2016-10-24 20:49:54] wurstgelee : sleger: and then u asked...
[2016-10-24 20:49:56] wurstgelee : "what else..."
[2016-10-24 20:50:03] wurstgelee : seems like a question
[2016-10-24 20:50:04] MrRGnome : And I said settlement
[2016-10-24 20:50:06] sleger : what else does
[2016-10-24 20:50:10] sleger : there is NO settlement
[2016-10-24 20:50:16] MrRGnome : No kidding
[2016-10-24 20:50:31] MrRGnome : And if there WAS a settlement, it wouldn't need a funding rate would it?
[2016-10-24 20:50:45] sleger : if settlement then it would be a future
[2016-10-24 20:50:49] j8 : wow this discussion really fell apart
[2016-10-24 20:50:54] MrRGnome : Kind of like how everything was not less than a year ago
[2016-10-24 20:50:57] MrRGnome : Ye sit would be
[2016-10-24 20:51:01] wurstgelee : j8: :D :D :D
[2016-10-24 20:51:04] sleger : they said we did not like futures
[2016-10-24 20:51:05] MrRGnome : Is there something wrong with that?
[2016-10-24 20:51:12] sleger : and that we are children
[2016-10-24 20:51:15] wurstgelee : discussions tend to do this here....
[2016-10-24 20:51:16] MrRGnome : Then why do they still offer them?
[2016-10-24 20:51:21] sleger : so they gave you something better
[2016-10-24 20:51:34] MrRGnome : I'm just saying, funding is a crude instrument, I believe it's flawed in its current form, I prefer settlement
[2016-10-24 20:51:34] aethlios : with no funding and no settlement, noone has the incentive to short btc.
[2016-10-24 20:51:35] sleger : no no the futures are against JPY, this is much much better
[2016-10-24 20:52:05] wurstgelee : did they also say we dont like quarterly futures?
[2016-10-24 20:52:15] sleger : yes and quantos oh we hate them
[2016-10-24 20:52:51] aethlios : previous system with many contracts "failed" because of quanto style.
[2016-10-24 20:52:57] sleger : MrRGnome: fact is : we have a "swap", not a futures, so there is NO settlement, so they need something to keep it aligned with the real price, and that something is funding
[2016-10-24 20:53:39] habibi : quantos were awsome, liquidity was great on 24h jpy and that was the best contract for me to day trade
[2016-10-24 20:53:41] MrRGnome : sleger: You're explaining to me things I already know. What about the swap being the way it is prohibits me from expressing a strong opinion that futures are superior trading instruments for my purposes?
[2016-10-24 20:53:58] sleger : MrRGnome: then just say that from the get go
[2016-10-24 20:53:58] MrRGnome : As is, with swap I often have to trade the funding rate.
[2016-10-24 20:54:01] wurstgelee : can we haz quarterlies back please?
[2016-10-24 20:54:04] wurstgelee : :/
[2016-10-24 20:54:17] MrRGnome : I fucking did. Swap is a crude, screwed up thing that often does not provide the appropriate market incentive
[2016-10-24 20:54:24] MrRGnome : and the solution is settlement
[2016-10-24 20:54:30] dasdfasdf : FOR YOU
[2016-10-24 20:54:35] wurstgelee : AND FOR ME
[2016-10-24 20:54:40] wurstgelee : =)
[2016-10-24 20:54:48] dasdfasdf : i wouldn't mind them
[2016-10-24 20:55:02] MrRGnome : Is it really an either or thing? Like if we have swap we can't have any futures?
[2016-10-24 20:55:10] sleger : and they gave you futures with settlement if that's all you need
[2016-10-24 20:55:35] wurstgelee : non-jpy based please
[2016-10-24 20:55:53] MrRGnome : There is an XBTUSD instrument on bitmex that has settlement? All I see is XBJ
[2016-10-24 20:56:19] wurstgelee : sleger didnt say usd
[2016-10-24 20:56:20] MrRGnome : If you're saying those are the same thing then it's you who is wrong not me.
[2016-10-24 20:56:20] wurstgelee : ;)
[2016-10-24 20:56:59] sleger : MrRGnome: i dont know if you realize, but i've been asking for usd based futures all the same, and was against the swap too, so we want the same things. You just express yourself poorly
[2016-10-24 20:57:21] MrRGnome : I don't think I do, maybe you understand poorly. Others here are buying what I'm selling
[2016-10-24 20:57:31] dasdfasdf : lolz
[2016-10-24 20:57:37] MrRGnome : But EITHER way, so long as my communication is clear to you now.
[2016-10-24 20:58:08] wurstgelee : haha. this trollbox is great with a funny cigarette
[2016-10-24 20:58:14] wurstgelee : very entertaining
[2016-10-24 20:58:36] wurstgelee : and it doesnt make me want to vomit like 20 secs of polo trollbox do
[2016-10-24 20:58:40] wurstgelee : which is a plus too
[2016-10-24 20:58:40] habibi : what u call a funny cigarete?
[2016-10-24 20:58:52] wurstgelee : joint, what else?
[2016-10-24 20:58:53] aethlios : sleger: are you against quanto?
[2016-10-24 20:59:14] sleger : no, im fine with either, ideally both
[2016-10-24 20:59:23] habibi : good thing here is people come here and loose money very fast, so many users are leaving faster then they register
[2016-10-24 20:59:39] wurstgelee : should we make an internet petition? :D
[2016-10-24 20:59:46] wurstgelee : "we want futures now!" or sth
[2016-10-24 20:59:50] rapidtrades : +1 for both @sleger
[2016-10-24 21:00:06] sleger : habibi: so will you please finally trade with real money and not just testnet !!
[2016-10-24 21:00:53] Kalman : sleger: rofl
[2016-10-24 21:00:53] habibi : sleger: i am still begging bitmex guys to give u back ur lost money so u can finally provide more than 10% of ur trading volume, need ur money more than others
[2016-10-24 21:01:38] wurstgelee : oh btw @rapidtrades, you are mostly a useless chimp but by all means, i would never have expected you to be still around here 1 year later.
[2016-10-24 21:01:44] sleger : i dont think it will happen, although they can see what 10x more commissions would represent
[2016-10-24 21:01:44] wurstgelee : so grats! i guess
[2016-10-24 21:01:58] wurstgelee : :)
[2016-10-24 21:06:57] Kalman : sleger: don't you have as well some opportunity costs!
[2016-10-24 21:07:16] sleger : I have principles
[2016-10-24 21:07:23] Kalman : or forgone profits
[2016-10-24 21:09:33] sleger : i trade more at other exchanges, so i dont lose as much as you think
[2016-10-24 21:16:04] marinomedia : unable to confirm google auth sigh
[2016-10-24 21:18:50] wurstgelee : check that ur phone clock is in sync with provider
[2016-10-24 21:19:02] wurstgelee : are any other "official" source
[2016-10-24 21:19:21] marinomedia : it worked one time then i disabled it cause i forgot to write the secret down
[2016-10-24 21:19:28] marinomedia : went to add a new one and it wont tak enow
[2016-10-24 21:20:04] wurstgelee : no clue
[2016-10-24 21:20:05] wurstgelee : admins?
[2016-10-24 21:20:21] BitMEX_Sam : marinomedia: How are you logged in if GA doesn't work?
[2016-10-24 21:20:33] BitMEX_Sam : You're attempting to add a new one I assume?
[2016-10-24 21:20:44] marinomedia : new one yep
[2016-10-24 21:20:48] marinomedia : i did ONCE
[2016-10-24 21:20:53] marinomedia : then i disabled to start again
[2016-10-24 21:21:01] BitMEX_Sam : Hmm. I would definitely check clock skew
[2016-10-24 21:21:03] marinomedia : cause i forgot to write down one time key
[2016-10-24 21:21:11] BitMEX_Sam : In your phone's settings you can have it adjust your clock from the carrier.
[2016-10-24 21:21:12] marinomedia : it workd 30 mins ago
[2016-10-24 21:21:24] wurstgelee : BitMEX_Sam: u have a highlight on "admin"",right?
[2016-10-24 21:21:26] marinomedia : so its not a clock issue
[2016-10-24 21:21:33] BitMEX_Sam : wurstgelee: I see my pings
[2016-10-24 21:21:42] BitMEX_Sam : marinomedia: It still could be if you're at the edge of the interval.
[2016-10-24 21:22:17] marinomedia : its asking for ONE TIME PW
[2016-10-24 21:22:23] marinomedia : not the auth code
[2016-10-24 21:22:29] wurstgelee : ?
[2016-10-24 21:22:39] marinomedia : To verify, please enter your one-time password from Google Authenticator or Authy.
[2016-10-24 21:22:39] wurstgelee : that is the 2fa code...the otp
[2016-10-24 21:22:52] marinomedia : 6 digit code?
[2016-10-24 21:22:57] wurstgelee : yep
[2016-10-24 21:22:59] wurstgelee : 6 digits
[2016-10-24 21:23:18] BitMEX_Sam : That's the same thing.
[2016-10-24 21:23:28] marinomedia : im on android lanovo how do i check clock?
[2016-10-24 21:23:38] marinomedia : i have NEVEr HAD THIS issue i have 7 other accounts
[2016-10-24 21:23:43] BitMEX_Sam : You'll have to check Google, we don't do Android support.
[2016-10-24 21:23:56] marinomedia : why does same thing work on all other exchanges?
[2016-10-24 21:24:26] marinomedia : seems if i were out of sync id have the issue with them
[2016-10-24 21:25:04] wurstgelee : marinomedia: http://lmgtfy.com/?q=android+synchronize+clock+with+carrier
[2016-10-24 21:25:06] BitMEX_Sam : We use particularly tight tolerances for security reasons.
[2016-10-24 21:25:12] rapidtrades : i had the same issue with btce...it just stopped working while all others worked fine
[2016-10-24 21:26:08] rapidtrades : like he has if its synching it shouldn't workon all
[2016-10-24 21:26:09] marinomedia : Wurstgelee FK off mate
[2016-10-24 21:26:20] rapidtrades : like he says*
[2016-10-24 21:26:53] marinomedia : i dont need this crap works everywhere else im on okc houbi finex bittrex vroom all over
[2016-10-24 21:27:30] BitMEX_Sam : marinomedia: He's trying to help you.
[2016-10-24 21:27:47] BitMEX_Sam : If you don't like complete strangers taking time out of their day to help you out, perhaps this isn't the place for you.
[2016-10-24 21:28:04] marinomedia : helping me with sarcasm eh?
[2016-10-24 21:28:21] marinomedia : did u see the condensending link he sent? FFS
[2016-10-24 21:28:22] BitMEX_Sam : I've told you the issue - synchronize your clock. And no, that last comment was not sarcastic, it was literal.
[2016-10-24 21:28:50] marinomedia : http://lmgtfy.com/?q=android+synchronize+clock+with+carrier hahaha oh man u guys never cut a brother a break
[2016-10-24 21:28:51] marinomedia : ok
[2016-10-24 21:29:00] Mm bot : How come the trade history of JPY looks so normal? While most people got liquidated today.
[2016-10-24 21:29:04] marinomedia : i will sync the damn thing if thats the issue i will oppologize if not i wont
[2016-10-24 21:29:37] BTCDJS : marinomedia: you're a piece of work aint ya? Go back to the arse you crawled out of
[2016-10-24 21:31:52] RocketScience : Wurstgelee used lmgtfy! It's super effective!
[2016-10-24 21:32:05] marinomedia : dont answer people with HOW TO SEARCH GOOGLE ffs
[2016-10-24 21:32:20] marinomedia : its just an app CLOCKSYNC thats all u had to say
[2016-10-24 21:32:22] rapidtrades : sleger: how far out do u usually sell options?
[2016-10-24 21:33:20] RocketScience : it's just a troll style of delivery
[2016-10-24 21:33:59] BTCDJS : marinomedia: he didn't have to say anything else. You should change your perception of people and have more tolerance.
[2016-10-24 21:34:33] BTCDJS : your garden is overgrown with weeds bra.
[2016-10-24 21:34:37] marinomedia : ITS OFF BY 1 SECOND so thats not the issue anyway plus android says IT CANT DO IT as it is a root command
[2016-10-24 21:36:22] rapidtrades : are u ppl stupid? if it works on all others it's not a sync issue
[2016-10-24 21:36:32] marinomedia : THANK U
[2016-10-24 21:36:32] laisee : u need to get rooted
[2016-10-24 21:36:46] rapidtrades : ur mom needs to get rooted
[2016-10-24 21:36:49] marinomedia : its within 1/2 a second too
[2016-10-24 21:37:30] laisee : bon mots flowing today ....
[2016-10-24 21:37:30] marinomedia : so its a support issue LOl just like i thought but thanks for the sarcasm of how to google serach something that is not even possible without jailbreak hahaha wat a joke
[2016-10-24 21:37:44] BitMEX_Sam : marinomedia: I'm seeing that code is not valid no matter how large I set our code window
[2016-10-24 21:37:56] BitMEX_Sam : Are you certain you are using the correct code? It changes when you disable/enable 2FA
[2016-10-24 21:38:28] marinomedia : i deleted it from goog auth then readded it
[2016-10-24 21:38:36] marinomedia : using qr on screen
[2016-10-24 21:38:55] BTCDJS : is there two in the list?
[2016-10-24 21:39:27] marinomedia : NOPE
[2016-10-24 21:39:54] BitMEX_Sam : marinomedia: Delete them all, re-add
[2016-10-24 21:40:00] BitMEX_Sam : None of your submitted tokens validate given any time period.
[2016-10-24 21:40:17] marinomedia : i know broh .. i will cntrl-f5 or something
[2016-10-24 21:40:26] rapidtrades : marinomedia: did u use the old QR code when u re-added it?
[2016-10-24 21:40:52] marinomedia : gives me same one time secret
[2016-10-24 21:41:07] BitMEX_Sam : Delete the account from your GA app & re-add
[2016-10-24 21:41:17] marinomedia : yeah i did that first
[2016-10-24 21:41:24] marinomedia : then checked to see it was not in there
[2016-10-24 21:41:51] marinomedia : k will readd again and see
[2016-10-24 21:42:36] marinomedia : SUCCESS
[2016-10-24 21:42:55] marinomedia : very strange
[2016-10-24 21:43:37] marinomedia : Sam is kyc required for withdrawl? bitcoin only deposit?
[2016-10-24 21:43:55] BitMEX_Greg : marinomedia: We only accept Bitcoin here, so we do not require KYC
[2016-10-24 21:44:10] marinomedia : cool cause my id is expired
[2016-10-24 21:44:42] BitMEX_Greg : You should probably get a new one in case you ever lose access to your account. That's the only time we may ask you for ID to verify the account
[2016-10-24 21:45:11] marinomedia : I know i need to
[2016-10-24 21:45:46] Mm bot : It is too bad we don't have a usable 3m BTC future contract, swap is expensive to hold long term, JPY contract was in hell today
[2016-10-24 21:47:29] rapidtrades : +1
[2016-10-24 21:49:21] marinomedia : Any price graphs on futures?
[2016-10-24 21:49:30] Mm bot : BitMEX_Greg: any further action for JPY holders caused by this "abnormality"? The "Recent Trades" tab looks like as nothing has happened
[2016-10-24 21:49:33] rapidtrades : buttfinex fund raising still at 20mil.....plus only 200 backers
[2016-10-24 21:49:48] rapidtrades : looks like most of that 20mil was inside funds
[2016-10-24 21:50:09] rapidtrades : meaning they haven't raised shit
[2016-10-24 21:50:25] BitMEX_Greg : Mm bot: We are investigating what happened with Quoine. They are located in Asian timezone so we should have an answer back sometime later
[2016-10-24 21:50:42] BTCDJS : rapidtrades: you got a law degree?
[2016-10-24 21:52:07] REKT : Liquidated long on `LTCXBT`: Sell 1000 @ 0.00593
[2016-10-24 21:52:29] marinomedia : No graph guys? guess i got to use api
[2016-10-24 21:52:53] rapidtrades : there is a chart in the middle....how can u miss it
[2016-10-24 21:53:29] rapidtrades : also offering the hacker money for the stolen coins can not be legal
[2016-10-24 21:53:57] rapidtrades : guess they're beyond caring at this point
[2016-10-24 21:54:12] rapidtrades : break as many laws
[2016-10-24 21:54:30] habibi : BitMEX_Greg: u said it was fatfinger Greg :(
[2016-10-24 21:54:37] marinomedia : Graph in middle? i must be blind
[2016-10-24 21:55:07] BitMEX_Sam : You probably see the deposit widget. Switch to the advanced layout (click your name at the top right) to see a chart
[2016-10-24 21:55:15] Mm bot : It is hard to not expect there are some manipulation going on. Offshore Yuan hit record low 2 hours before that Quoine flash.
[2016-10-24 21:55:18] marinomedia : thanks sam
[2016-10-24 21:56:27] marinomedia : its trump
[2016-10-24 21:56:30] marinomedia : re yuan
[2016-10-24 21:56:47] marinomedia : they got to lower it while they can exports in china are off
[2016-10-24 21:57:11] BitMEX_Greg : habibi: There were two events, we need to find out from them why this happened on such a small amount of volume and look at ways to prevent this from happening in the future
[2016-10-24 21:57:33] j8 : i think it could have been a glitch rather than real trades.. well i'm not sure but it seems they edited it out of the trade history
[2016-10-24 21:59:51] Mm bot : BitMEX_Greg: if it was a glitch are we getting positions restored?
[2016-10-24 21:59:52] miramm1115 : j8: I switched pricing source for my bot to bitFlyer just in case, the API is much better
[2016-10-24 22:00:50] j8 : oh yeah they actually have more volume eh.
[2016-10-24 22:01:38] miramm1115 : about 5x volume
[2016-10-24 22:01:44] BTCDJS : damn son. who's 100k short is that?
[2016-10-24 22:01:48] j8 : i guess they're both zero fee so who knows what that means
[2016-10-24 22:02:07] BTCDJS : thats nasty
[2016-10-24 22:03:20] dasdfasdf : who flashed a 450000 long
[2016-10-24 22:04:53] BitMEX_Greg : Mm bot: It was not a BitMEX glitch.
[2016-10-24 22:05:24] BitMEX_Greg : It's asimilar to if we had an index comprised 100% of bitfinex and they had that flash crash not too long ago
[2016-10-24 22:05:52] wurstgelee : lol
[2016-10-24 22:05:57] j8 : lol at "if"
[2016-10-24 22:06:00] wurstgelee : sleger having fun
[2016-10-24 22:11:14] habibi : BitMEX_Greg: maybe share price on index with bitflyer
[2016-10-24 22:12:47] BitMEX_Greg : habibi: Yeah we are going to discuss options
[2016-10-24 22:14:51] eth2mars : BitMEX_Greg: we need a reasonable settlement price. No one would survived that crash.
[2016-10-24 22:19:32] j8 : i would have, but still it makes me nervous
[2016-10-24 22:38:05] sleger : stop blaming me for everything !
[2016-10-24 23:09:41] rapidtrades : we can at least blame u for WW2
[2016-10-24 23:09:55] rapidtrades : that steamroll was embarassing
[2016-10-24 23:44:37] martinium : BitMEX_Greg: why doesn't bitmex use the Kaiko Bitcoin Global Price Index instead of their current one?
[2016-10-24 23:47:20] martinium : many more exchanges like that would be best
[2016-10-24 23:48:07] rapidtrades : martinium: why would it 'be best'
[2016-10-24 23:48:32] BitMEX_Arthur : We have to balance an index being tradable with being more robust, mm need an index that is easy to hedge against, the more exchanges the harder it is to match the index
[2016-10-24 23:49:03] martinium : BitMEX_Arthur: hi, then at least include gdax and btce
[2016-10-24 23:49:06] BitMEX_Arthur : we experienced this with the Tradeblock XBX Index, many traders here complained they could not match the index and it's calculation was a mystery so we moved to something less complex
[2016-10-24 23:49:19] BitMEX_Arthur : No one outside of america can trade on gdax
[2016-10-24 23:49:23] BitMEX_Arthur : we don't serve american clients
[2016-10-24 23:49:38] martinium : ah then instead add xbtce
[2016-10-24 23:49:39] BitMEX_Arthur : So we would essentially be adding a price that non of our market makers could trade against
[2016-10-24 23:50:07] MrRGnome : Why don't you allow US accounts?
[2016-10-24 23:50:07] BitMEX_Arthur : and btce is a contentious issue, many clients view them as a shady exchange, i reserve judgement on them, but that is the perception
[2016-10-24 23:50:09] martinium : even though american clients aren't traded you are still trading usd
[2016-10-24 23:50:23] martinium : yes btce has always had that rep
[2016-10-24 23:50:33] BitMEX_Arthur : Yes but you can trade USD outside of America, you can't open an account on gdax unless you are american
[2016-10-24 23:50:45] martinium : i see what you mean
[2016-10-24 23:51:11] martinium : BitMEX_Arthur: any plans fot xbtcny?
[2016-10-24 23:51:36] martinium : dabtc could be main exchange for an index
[2016-10-24 23:51:46] martinium : with btcc
[2016-10-24 23:51:48] BitMEX_Arthur : No plans, there are plenty of market leaders on that pair
[2016-10-24 23:52:15] martinium : BitMEX_Arthur: are you the founder of Bitmex?
[2016-10-24 23:52:30] BitMEX_Arthur : I am one of the co-founders yes, along with Sam and Ben
[2016-10-24 23:52:36] rapidtrades : i'd rather trade the yuan then the yen tbh
[2016-10-24 23:52:46] martinium : BitMEX_Arthur: gj with this exchange
[2016-10-24 23:53:01] martinium : I read the piece in bloomberg about you guys
[2016-10-24 23:54:02] martinium : BitMEX_Arthur: I understand there are many leaders with the XBTCNY pair but it would attract lots more traders/liquidity IMO
[2016-10-24 23:54:19] REKT : Liquidated long on `XBTUSD`: Sell 4155 @ 647.11
[2016-10-24 23:54:47] martinium : those are the main two pairings that are traded right now with btc
[2016-10-24 23:54:56] BitMEX_Arthur : martinium: we may revist that once we have more chinese users
[2016-10-24 23:55:09] BitMEX_Arthur : Again we are very aware that most of our market makers do not have access to RMB onshore
[2016-10-24 23:55:15] BitMEX_Arthur : So it becomes difficult to market make
[2016-10-24 23:55:20] BitMEX_Arthur : XBT/CNY
[2016-10-24 23:55:27] martinium : ah, that makes perfect sense
[2016-10-24 23:55:44] MrRGnome : Why do you disallow US clients but allow other north american clients with similar KYC requirements?
[2016-10-24 23:56:17] martinium : technically though do you even really need the actual yuan/rmb? it can be synthetic and just follow the price of it
[2016-10-24 23:56:38] habibi : MrRGnome: guess they don't want cftc invade bitmex
[2016-10-24 23:56:43] BitMEX_Arthur : MrRGnome: America goes after foreign companies, and our legal team advised against that headache, there is no Bitcoin based derivatives exchange that takes american clients
[2016-10-24 23:56:57] martinium : yes because american laws are stupid
[2016-10-24 23:57:14] martinium : especially the cftc
[2016-10-24 23:57:25] BitMEX_Arthur : martinium: as a directional trader you don't, but someone has to offer you that exposure, and they need to hedge
[2016-10-24 23:58:24] martinium : yeah, a MM would def need to hedge
[2016-10-24 23:59:03] MrRGnome : A lot of places have similar laws. I'm in Canada and the laws are near identical, Seems like Americans are simply more prosecutorial and that's the issue
[2016-10-24 23:59:05] martinium : BitMEX_Arthur: eventually many chinese users will use this exchange because I believe many probably trade USD pairings
[2016-10-25 00:01:07] BitMEX_Arthur : martinium: We believe so too, since we launched our Chinese language option and began marketing more heavily towards those users signups have increased dramatically
[2016-10-25 00:01:55] martinium : BitMEX_Arthur: the security is the best feature so def market that aspect
[2016-10-25 00:02:50] martinium : along with the trading engine. best i've used for btc
[2016-10-25 00:03:48] martinium : word will spread
[2016-10-25 00:05:16] rapidtrades : trading engine seems most stable of every exchange ive tried
[2016-10-25 00:05:36] martinium : yeah the dev for it knows his stuff
[2016-10-25 00:06:05] rapidtrades : we'll see what happens when the volume rises :)
[2016-10-25 00:06:09] rapidtrades : so far so good
[2016-10-25 00:07:53] martinium : yeah
[2016-10-25 00:07:58] martinium : it responds very well
[2016-10-25 00:08:04] martinium : and thats over the internet
[2016-10-25 00:08:08] martinium : impressive to say the least
[2016-10-25 00:10:25] martinium : most important thing though is increased liquidity
[2016-10-25 00:11:15] martinium : once that is at bitfinex pre-hack volume levels should be awesome
[2016-10-25 00:21:55] martinium : BitMEX_Arthur: is bitcoin big in HK the way it is in mainland?
[2016-10-25 00:22:49] BitMEX_Arthur : No
[2016-10-25 00:23:09] BitMEX_Arthur : companies are based in HK because it's more pleasant to live here than mainland china
[2016-10-25 00:23:35] BitMEX_Arthur : Other than that HK is a very expensive rock with english common law
[2016-10-25 00:26:10] martinium : gotcha
[2016-10-25 00:26:19] martinium : BitMEX_Arthur: are you american?
[2016-10-25 00:28:55] martinium : lot of ex-pats out in HK
[2016-10-25 00:33:54] BitMEX_Arthur : martinium: Yes i'm american
[2016-10-25 00:34:21] martinium : keep up the good work
[2016-10-25 00:35:40] BitMEX_Arthur : :thumbsup:
[2016-10-25 00:36:57] zanza : ?
[2016-10-25 00:59:44] eth2mars : BitMEX_Arthur: no settlement from quoine crash?
[2016-10-25 01:03:11] mjones : is it safe to trade XBJ again
[2016-10-25 01:03:30] BitMEX_Sam : eth2mars: We will have more news on that shortly
[2016-10-25 01:03:46] BitMEX_Sam : mjones: We have changed the MarkMethod for XBJ to be resilient to flash crashes and spikes
[2016-10-25 01:11:54] eth2mars : BitMEX_Sam: thanks!
[2016-10-25 01:12:41] aethlios : ne leg up
[2016-10-25 01:29:08] BitMEX_Sam : > PBOC fixes yuan @ 6.7744 (prev fix 6.7690, prev close 6.7775)
[2016-10-25 01:30:10] sleger : rapidtrades invaded Sam's body !!
[2016-10-25 01:37:17] mbaril : calm tongight
[2016-10-25 01:37:55] d00ber : quiet... too quiet
[2016-10-25 01:38:05] mbaril : something is about to happen :P
[2016-10-25 01:38:16] aethlios : next leg up started xbtusd
[2016-10-25 01:38:51] mbaril : not sure about that
[2016-10-25 01:39:13] mbaril : there is some nice little wall here
[2016-10-25 01:39:45] aethlios : mbaril: 40 usd up next 4 hours
[2016-10-25 01:39:53] mbaril : lets see that ;)
[2016-10-25 01:40:02] mbaril : so you said 690
[2016-10-25 01:40:09] mbaril : do you want to bet
[2016-10-25 01:40:55] aethlios : mbaril: I am long already
[2016-10-25 01:41:00] mbaril : ;)
[2016-10-25 01:42:42] aethlios : 430>800, 620>1175.
[2016-10-25 01:43:10] Rado : not in the next 4 hr
[2016-10-25 02:04:35] REKT : Liquidated long on `ETHXBT`: Sell 7 @ 0.01812
[2016-10-25 02:12:30] mjones : eth almost 3 month low
[2016-10-25 02:12:56] mjones : lol eth
[2016-10-25 02:13:03] mjones : going for tha tlow
[2016-10-25 02:23:44] mjones : i'm pretty sure quoine fakes their volume too or has at least 1 no fee account
[2016-10-25 02:24:20] mjones : or maybe someone who doesnt care about paying fees and generates volume
[2016-10-25 02:24:56] mjones : whole thing looks shady
[2016-10-25 02:32:38] eth2mars : mjones: i was shocked from yesterdays quoine crash. eth has another issue.
[2016-10-25 02:34:16] MrRGnome : the streets flow red with the blood of eth traders. Anyone daring to long here?
[2016-10-25 02:34:30] eth2mars : mjones: need to wait till metropolis
[2016-10-25 02:50:34] mjones : eth see how many dip buyers there are
[2016-10-25 02:51:18] mjones : 0.0178 is the low to break and we'll see if it dumps hard
[2016-10-25 02:51:35] REKT : Liquidated long on `ETHXBT`: Sell 1070 @ 0.01787
[2016-10-25 03:05:52] REKT : Liquidated long on `ETHXBT`: Sell 400 @ 0.01781
[2016-10-25 03:09:01] mjones : 1 more wall keeping ETH away from falling to 0.0168
[2016-10-25 03:10:00] aethlios : vitalic plunching protection fund try to hold price
[2016-10-25 03:11:06] aethlios : monero 0.0071 soon with btc 700
[2016-10-25 03:11:28] mjones : yeah ETH and XMR probably the 2 biggest coins to get hit hard. anyone long on Poloniex will be hurting
[2016-10-25 03:12:10] mjones : the people with tens of thousands of BTC can buy the whole way down while longing BTC. then buy more alts with profit from BTC longs. win win
[2016-10-25 03:12:14] aethlios : 0.0071 my re-entry price for monero, many will sell to buy stupid zcash.
[2016-10-25 03:12:40] mjones : zcash is going to be a trainwreck starting off
[2016-10-25 03:12:53] mjones : will be interesting to see how soon exchanges start listing it
[2016-10-25 03:13:11] aethlios : from 1st day in polo my guess.
[2016-10-25 03:13:49] billyboy402 : mjones: at current price of 0.22 i am mining about $5 a day with CPU , so seam about right , but i guess user will rent hardware ( AWS ) so the diff will go up
[2016-10-25 03:13:52] mjones : a lot of people mining for a few thousand coins. gonna be interesting to see the price. i'll be on my computer friday and all weekend
[2016-10-25 03:14:04] aethlios : if zcah fails, only monero left as private crypto tech.
[2016-10-25 03:14:38] aethlios : my too, want to short it, but afraid of margin call pumpers.
[2016-10-25 03:14:59] aethlios : nicehash will have mining from 1st day
[2016-10-25 03:15:23] aethlios : zcash most hyped coin ever.
[2016-10-25 03:15:45] billyboy402 : aethlios: yea , but i am guessing that would be from AWS ,. some huge whale rent heaps and sell it directly on nicehash
[2016-10-25 03:17:00] aethlios : profit mining other coins could go up because of zcash mining
[2016-10-25 03:22:11] billyboy402 : aethlios: maybe , maybe alot of miner that mine ETH change over
[2016-10-25 03:23:37] aethlios : first 3 or 7 days will be the all time top for zcash, open short then.
[2016-10-25 03:24:08] aethlios : all stupid will value 4 bill a non existent coin
[2016-10-25 03:24:15] billyboy402 : prob better to calurlate a better short after the first month , mining slowly increase over the first month ,
[2016-10-25 03:36:08] aethlios : eurusd below 1, and usdcnh above 7, then btc above 1000.
[2016-10-25 03:42:00] MrRGnome : rapidtrades, you around? Since we're best friends and this eth dump is probably going to leave me homeless can I chill on your couch bro?
[2016-10-25 03:42:32] billyboy402 : MrRGnome: haha I love the mateship
[2016-10-25 03:52:52] mbaril : lift up in 7 minutes :P
[2016-10-25 03:56:16] mbaril : 4 min
[2016-10-25 03:59:54] mbaril : Funding is done!
[2016-10-25 03:59:57] mbaril : Time to buy :)
[2016-10-25 04:51:08] REKT : Liquidated long on `ETHXBT`: Sell 900 @ 0.01774
[2016-10-25 04:51:08] REKT : Liquidated long on `ETHXBT`: Sell 200 @ 0.01778
[2016-10-25 04:51:53] REKT : Liquidated long on `ETHXBT`: Sell 2777 @ 0.01754
[2016-10-25 04:51:53] REKT : Liquidated long on `ETHXBT`: Sell 500 @ 0.01759
[2016-10-25 04:52:07] REKT : Liquidated long on `ETHXBT`: Sell 158 @ 0.01730
[2016-10-25 04:52:07] REKT : Liquidated long on `ETHXBT`: Sell 35 @ 0.01734
[2016-10-25 05:18:27] MrRGnome : ffs someone hold me.
[2016-10-25 05:19:15] MrRGnome : rapidtrades it's my hour of need and you aren't here for me wtf
[2016-10-25 05:21:32] CaptainDean : hold you from what ?%
[2016-10-25 05:29:00] MrRGnome : From the eth floor falling out from beneath my long
[2016-10-25 05:30:14] MrRGnome : I just wanted a quick hard fork bump that's all! It was supposed to be in and out, no one was supposed to get hurt! *cries into beer*
[2016-10-25 05:33:40] kdeath : MrRGnome: I share your pain!
[2016-10-25 05:34:56] kdeath : closed the 5% bump from the first HF then got greedy and opened a long for the second HF that never came =(
[2016-10-25 06:11:44] blackwhite : I'm very confused about yesterday's loss in xbj. As I read, the index price crashed. However my position was liq'd at enormously high price which isn't logical. A big stake is lost, I'm waiting for further steps form Bitmex.
[2016-10-25 06:11:59] blackwhite : *from
[2016-10-25 06:16:57] eth2mars : blackwhite: Arthur sent out an email regarding this issue. We should wait.
[2016-10-25 06:17:19] eth2mars : Looks like quoine chart is dancing again, see 15 min chart.
[2016-10-25 06:18:09] eth2mars : their index is not reliable at all. With less than 100BTC you can swing the market by 5% ???
[2016-10-25 06:18:58] eth2mars : i am afraid of taking position on XBJ again
[2016-10-25 06:30:34] dqx4 : what do ppl reckon is minimum spread necessary for arbing bw finex and other usd exchanges?
[2016-10-25 06:47:50] billyboy402 : you need at lease the fee which is normally around 1% round trip ,. i dont bother unless it 4% +
[2016-10-25 06:48:19] billyboy402 : but if you can get a fast bot , any profit it great if your fast enough
[2016-10-25 06:54:20] akearn : hello sorry but I am new I had 2.4 btc with leverage 5 long order okk but I can see I have 1.94 btc. I found in account page 2016-10-25 17:30:00 RealisedPNL -0.1059 XBT -.-- XBTUSD Completed 1.9468 XBT
[2016-10-25 06:55:10] billyboy402 : you paid funding cost to hold open the trade
[2016-10-25 06:55:42] akearn : its 0.10 btc is not it a big amount ?
[2016-10-25 06:55:44] billyboy402 : up the top right near you name , you will see that there a funding clock countdown + a fee you will have to pay
[2016-10-25 06:56:05] billyboy402 : yep that about right ,
[2016-10-25 06:56:22] billyboy402 : if you are long . you currently have to pay . if you are short , you recive it
[2016-10-25 06:56:28] Velancry : the funding rate is stupid
[2016-10-25 06:56:48] akearn : okkk thx for the info now wiil check ad will be awer of the clock
[2016-10-25 06:57:08] akearn : Velancry: exactly bro
[2016-10-25 06:57:12] billyboy402 : Velancry: only if you dont understand it . but it the same as shorting a perineum and profiting that way
[2016-10-25 06:57:48] billyboy402 : you would of been happy if you shorted it and recvied a bonus 0.1BTC :)
[2016-10-25 06:57:59] Velancry : billyboy402: what is the purpose of it, because I cant see it.
[2016-10-25 06:58:00] XXXX : akearn: thats the pleasure of holding longs. unless BTC prise rises by 1.5 dollar a day you make loss every day of 1.5 dollars for every BTC position you are long.
[2016-10-25 06:58:58] billyboy402 : Velancry: it keep the price closer to the index price .... few months ago .... Bitfinex would be 600 and bitmex would be 650 ..... then when it drop , Bitmex would stay still and you couldnt cash out
[2016-10-25 07:01:22] billyboy402 : for example , there a funding fee for BTC ,. but there like a $1 preium here . so the funding fee make user like myself short it , to push the price down
[2016-10-25 07:01:41] akearn : anyway its my fault I did not tried to understand it at frst thnx @billyboy402 nd @XXXX
[2016-10-25 07:02:15] Velancry : billyboy402: Ok that make sense. Thanks
[2016-10-25 07:02:20] billyboy402 : say Bitmex was right now 660 .... why would you want to buy it $10 more then every where else . so there a Fee .... to bring in more user to short it
[2016-10-25 07:03:21] billyboy402 : just remember that if you are paying a fee 0.20% . it mean that you have prob 2% and the market is climing too fast
[2016-10-25 07:04:14] akearn : (y)
[2016-10-25 07:04:40] aethlios : if you don't have open position at exact funding time, then don't pay.
[2016-10-25 07:05:05] billyboy402 : etheruem is a good example , the next funding is going to be -0.2% but is has fallen in price by 3-5% today
[2016-10-25 07:05:19] billyboy402 : aethlios: nope
[2016-10-25 07:05:45] billyboy402 : so if you are going to have to pay a fee .... close it if you can .....
[2016-10-25 07:06:10] billyboy402 : that the same is you are going to recvive it , open it 10 min early and get the bonus
[2016-10-25 07:07:01] billyboy402 : but welcome to bitmex :)
[2016-10-25 07:07:39] akearn : billyboy402: funding time is same of every coin ???
[2016-10-25 07:07:52] billyboy402 : yea , every 8 hours
[2016-10-25 07:08:03] billyboy402 : https://www.bitmex.com/app/fundingHistory
[2016-10-25 07:08:20] aethlios : xbj has no funding, if you want a longer term long
[2016-10-25 07:08:21] billyboy402 : Today, longs will pay 0.1393%, and shorts will receive 0.1393% at 23:00 (12:00 UTC). BitMEX does not charge fees on funding payments.
[2016-10-25 07:09:06] akearn : okk got it thnk u very much for help sure it will help me a lot @billyboy402
[2016-10-25 07:09:10] billyboy402 : Funding occurs every 8 hours at 04:00 UTC, 12:00 UTC and 20:00 UTC
[2016-10-25 07:09:29] aethlios : 5% premium dec future, very cheap, you can ride a one month rally and premium still the same, so you pay nothing.
[2016-10-25 07:09:34] billyboy402 : so sleep 7 hour , wake up , trade go back to sleep :)
[2016-10-25 07:10:15] akearn : exactly ;)
[2016-10-25 07:10:32] billyboy402 : I personaly dont understand why they offer JPY and not USD
[2016-10-25 07:11:15] billyboy402 : they use to have USD and the die in volume and they removed them , i guess they have a huge whale that want to hege but hegde to JPY
[2016-10-25 07:13:02] wurstgelee : well, could easily have both
[2016-10-25 07:13:08] wurstgelee : JPY and USd futures
[2016-10-25 07:15:33] jose : the problem with the USD futures is that is was not linear, IIRC
[2016-10-25 07:24:43] wurstgelee : if i get that correctly, eth is broken?
[2016-10-25 07:24:48] wurstgelee : nodes cant sync?
[2016-10-25 07:25:03] wurstgelee : https://www.reddit.com/r/ethereum/comments/598nfc/will_sync_in_2_hours_is_in_day_4_now/
[2016-10-25 07:35:34] aethlios : wurstgelee: my wallet doesn't sync, problems after the fork
[2016-10-25 07:35:54] wurstgelee : yep, that
[2016-10-25 07:36:04] wurstgelee : seems to be a common problem now
[2016-10-25 07:36:47] aethlios : 1 billion and even doesn't sync
[2016-10-25 07:37:18] aethlios : well zcash is 4 billion and nonexists
[2016-10-25 07:37:30] habibi : 4bilion?
[2016-10-25 07:38:01] habibi : u are showing marketcap for btc with 21m coins or actual ammount?
[2016-10-25 07:38:14] aethlios : 21 million coins * 0.225*660= 3.15 bill, but they say it is cheap
[2016-10-25 07:38:49] aethlios : perspective market cap based on 21 million supply
[2016-10-25 07:38:53] habibi : so with that logic recalculate marketcap for eth where supply can be endless
[2016-10-25 07:39:16] j8 : omg buy
[2016-10-25 07:39:20] XXXX : aethlios: its cheap for first week or month. but who says you have to hold DEX 30 contract till the last date. you can sold it once XZC launch at polo.
[2016-10-25 07:40:09] XXXX : aethlios: ZEC 30Dec contract not DEX30
[2016-10-25 07:41:10] aethlios : monero 83 mill usd with 75% already mined
[2016-10-25 07:42:20] wurstgelee : u and your "perspective market cap" again
[2016-10-25 07:42:21] wurstgelee : oO
[2016-10-25 07:43:53] XXXX : aethlios: then why not short the hell out of it. I have buy orders at 0.18. Thats where I was ADLed in profit few days ago.
[2016-10-25 07:44:54] aethlios : XXXX: I want to short but afraid manipulation for upside spikes, will wait to go to a spot and think when is a safer time.
[2016-10-25 07:45:31] wurstgelee : aethlios: no, u are afraid because "perspective marketcap" has zero influence on first weeks if not months
[2016-10-25 07:45:33] wurstgelee : ;)
[2016-10-25 07:45:55] wurstgelee : if polo does its thing, it does its thing
[2016-10-25 07:49:45] aethlios : this never happened yet a coin with no supply to start so high, so let's see how much hype is out there.
[2016-10-25 07:50:15] wurstgelee : yep
[2016-10-25 07:50:27] wurstgelee : 3 days
[2016-10-25 08:49:08] RocketScience : selling etc 1566, bless my market making attempt
[2016-10-25 08:52:05] RocketScience : etc fork was the epitome of anti-climactic event
[2016-10-25 09:36:32] Boontjie : there was fork?
[2016-10-25 09:37:03] Boontjie : they need to market this stuff better, the eth people had a site dedicated to it
[2016-10-25 10:06:59] RocketScience : fork is a double edged sword for etc "non-fork" chain
[2016-10-25 10:07:11] RocketScience : their reddit is dead or full of eth trolls xD
[2016-10-25 10:08:04] RocketScience : eth has 20 minutes blocktimes today and etc could suffer the same attack
[2016-10-25 10:15:50] RocketScience : they are both pretty much rekt for the foreseeable future
[2016-10-25 10:29:37] blackwhite : I would like to thank Arthur and the Bitmex team for how they finally acted about yesterday's incident.
[2016-10-25 10:36:56] zanza : https://xiaomiprime.wordpress.com/2016/10/25/xiaomi-mi-note-2-announced-snapdragon-821-6gb-ram-imx318-4000-mah-and-more/
[2016-10-25 10:44:19] justinlooking : is kraken broken?
[2016-10-25 10:49:27] rapidtrades : zanza: 6 GB ram huh.....that's bigger then my laptop
[2016-10-25 10:56:13] rapidtrades : it costs almost as much as a laptop too
[2016-10-25 11:01:40] habibi : RocketScience: where u have 20 minutes blocktimes on eth ?
[2016-10-25 11:03:01] justinlooking : RocketScience: is fudding hard.... https://ethstats.net/
[2016-10-25 11:38:52] billyboy402 : blackwhite: what happen yesterday
[2016-10-25 12:00:04] zanza : not that expensive, only about $500 for top end model with Global LTE
[2016-10-25 12:05:30] sleger : paid around 1k for the iphone 7 !
[2016-10-25 12:13:59] rapidtrades : sleger: ur ETH investment not doing so great
[2016-10-25 12:17:18] rapidtrades : sleger: do u sell options only on stocks?
[2016-10-25 12:20:58] sleger : i bought eth long term. yes options almost only on equities
[2016-10-25 12:21:51] mjones : ETC hit a new low
[2016-10-25 12:26:03] rapidtrades : sleger: cos of liquidity or what?
[2016-10-25 13:12:22] justinlooking : rapidtrades: u thinking of writing options?
[2016-10-25 13:22:08] habibi : https://blog.bitmex.com/the-guide-to-zcash-the-digital-currency-that-aims-to-dethrone-bitcoin/ nice post
[2016-10-25 13:43:57] DangerandPlay : i have a feeling we're going to witness a huge dip in ETH once miners realise how profitable zcash is short-term
[2016-10-25 13:44:01] DangerandPlay : :)
[2016-10-25 13:45:19] justinlooking : yay for responsive difficulty adjustments
[2016-10-25 13:46:14] laisee : maybe zcash will help BTC pull finger and start innovating instead of fighting
[2016-10-25 13:47:16] mjones : xmr, etc, eth all going down down down
[2016-10-25 13:48:27] aethlios : eth goes to shit, maybe has serious problems.
[2016-10-25 13:48:46] DangerandPlay : any predictions about ETH price one month from now, once zcash is mining?
[2016-10-25 13:49:00] mjones : eth has been this high or higher for just about 8 months. lotta bagholders
[2016-10-25 13:50:14] aethlios : zcash a perma short as supply adds up. also btcusd bullish which makes that 0.23 price expensive.
[2016-10-25 13:50:59] wurstgelee : lolz
[2016-10-25 13:51:12] wurstgelee : so...how much supply is enough for shorting then?
[2016-10-25 13:51:31] wurstgelee : 10k? 100k? 1m? 10m?
[2016-10-25 13:51:34] mjones : depends on how high the price is
[2016-10-25 13:52:36] aethlios : wurstgelee: all time top for zcash in the first week, all miners will be dumping for months, all mining contract buyers etc.
[2016-10-25 13:53:00] aethlios : 10 to 15 usd a stabilization price.
[2016-10-25 13:53:02] wurstgelee : willing to place a bet on that? the top after 1 w?
[2016-10-25 13:53:57] wurstgelee : on day 7, the supply will be 5760
[2016-10-25 13:53:59] wurstgelee : total
[2016-10-25 13:54:02] wurstgelee : just saying....
[2016-10-25 13:54:22] wurstgelee : so no, no top after 1w unless polo decides to spoike to several btc per zec
[2016-10-25 13:54:23] aethlios : I don't bet, I trade, I said I want to short, wait for a better moment with lower manipulation here
[2016-10-25 13:54:39] wurstgelee : trading is betting ;)
[2016-10-25 13:55:50] wurstgelee : off to homebase, bbl
[2016-10-25 13:56:24] aethlios : did they say what time at 28th it starts?
[2016-10-25 13:57:08] martinium : no idea
[2016-10-25 13:59:35] REKT : Liquidated long on `XMR7D`: Sell 2280 @ 0.009492
[2016-10-25 13:59:35] REKT : Liquidated long on `XMR7D`: Sell 169 @ 0.009488
[2016-10-25 14:00:51] aethlios : btc bullish and all serious coins getting crashed except the magic zcash which still makes new dummy ATH
[2016-10-25 14:01:35] Kalman : aethlios: zcash is only a future yet
[2016-10-25 14:02:17] aethlios : zcashmania.