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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[2016-10-26 14:25:40] sleger : about warning before changes
[2016-10-26 14:26:01] Rado : warning was introduced long time ago
[2016-10-26 14:26:09] NL007 : Nice to this exchange isnt flooding the exchange with dozens of alts
[2016-10-26 14:26:10] Rado : and they now announce 7 days in advance
[2016-10-26 14:26:18] wurstgelee : Rado: ??????????
[2016-10-26 14:26:19] MrRGnome : I think ETH should have at least temporarily got the same treatment as btc - give it a future and slowly transition to only futures as volume moves to the new instrument, then set a settlement date on the old one.
[2016-10-26 14:27:05] MrRGnome : All the while publicly stating your intention to do just that.
[2016-10-26 14:27:11] MrRGnome : That would be ideal IMO.
[2016-10-26 14:27:15] Rado : MrRGnome: what do you think you are losing by having to close your position?
[2016-10-26 14:27:25] wurstgelee : well, its done now anyways... a change in customer information policy would be greatly appreciated
[2016-10-26 14:27:28] wurstgelee : thanks
[2016-10-26 14:27:29] MrRGnome : My ability to hedge the btc bubble and earn interest
[2016-10-26 14:27:47] Rado : MrRGnome: That's only in theory
[2016-10-26 14:27:57] ixess : this site is so great, how do they charge such low fees and have such great leverage?
[2016-10-26 14:27:58] Rado : I personally don't think ETH is a BTV hedge
[2016-10-26 14:28:12] MrRGnome : You think the btc bubble will last exactly ten more days?
[2016-10-26 14:28:19] sleger : ixess: leverage is free
[2016-10-26 14:28:30] Rado : MrRGnome: there is no BTC bubble
[2016-10-26 14:28:37] Rado : it will be a bubble when it is $2000
[2016-10-26 14:29:03] ixess : sleger: well even 2.5% commission at 100x is quite good
[2016-10-26 14:29:11] Rado : so the problems are just in your mind ;-)
[2016-10-26 14:29:37] Rado : ixess: the commission is on the full amount
[2016-10-26 14:29:47] MrRGnome : Rado: So because you believe there isn't a bubble personally, and you believe that eths strong negative correlation to btc isn't an actual relationship, it means I have to believe that too?
[2016-10-26 14:29:50] NL007 : maybe at $2000 people will think btc is still cheap...
[2016-10-26 14:29:56] Rado : as sleger said the leverage doesn't matter
[2016-10-26 14:30:39] Rado : MrRGnome: you don't have to believe it, but also it doesn't mean it's a real problem
[2016-10-26 14:31:03] MrRGnome : Got it, real problems are only those identified by @Rado
[2016-10-26 14:31:06] Rado : it's not proven that you will make money from funding even if they leave the future for 3 more months
[2016-10-26 14:31:41] MrRGnome : I'm sorry, but you're just too retarded to argue with this early in the morning.
[2016-10-26 14:32:06] Rado : MrRGnome: then stop wining like a little girl
[2016-10-26 14:32:09] wurstgelee : lol. now i have 100% of open xbtz16 value
[2016-10-26 14:32:13] sleger : Rado: doesnt matter if he's right or not he has the right to trade his view and to want to be able to do so
[2016-10-26 14:32:13] wurstgelee : this is now my personal contract
[2016-10-26 14:32:15] wurstgelee : :p
[2016-10-26 14:32:34] sleger : wurstgelee: well you and mr behind closed door information
[2016-10-26 14:32:38] wurstgelee : yes
[2016-10-26 14:32:42] wurstgelee : thats correct
[2016-10-26 14:32:50] martinium : BitMEX_Arthur: regarding the new XBTUSD Futures are they going to be quarterly or 30day contracts?
[2016-10-26 14:32:59] NL007 : i think a fair price for Zcash will be 750-1000k
[2016-10-26 14:33:03] wurstgelee : martinium: ? xbtz16?
[2016-10-26 14:33:07] martinium : yeah
[2016-10-26 14:33:12] sleger : martinium: think again
[2016-10-26 14:33:18] Rado : lol
[2016-10-26 14:33:19] wurstgelee : sleger: :D
[2016-10-26 14:33:32] martinium : O_o
[2016-10-26 14:33:46] martinium : sleger: meaning?
[2016-10-26 14:33:52] wurstgelee : martinium: seriously?
[2016-10-26 14:33:57] ixess : i just dont understand how bitmex makes money with low and negative fees
[2016-10-26 14:33:57] Rado : martinium: obviously they are 3 months
[2016-10-26 14:34:12] sleger : martinium: you know the thing people usually have in their head, try to turn it on
[2016-10-26 14:34:12] martinium : yeah thats what it appears to be but just making sure
[2016-10-26 14:34:13] Rado : next month is Novemebr, not December
[2016-10-26 14:34:17] wurstgelee : martinium: "Dec 30 (100x)"?
[2016-10-26 14:34:31] wurstgelee : what do u think does that tell you about settlement date
[2016-10-26 14:34:33] wurstgelee : ?
[2016-10-26 14:34:41] martinium : thats was my assumption but I prefer to make sure
[2016-10-26 14:34:57] sleger : no that was just stupid, nothing to do with making sure
[2016-10-26 14:35:09] martinium : bah
[2016-10-26 14:35:10] sleger : go hit yourself 10 times with a bat now
[2016-10-26 14:35:17] martinium : no thanks
[2016-10-26 14:35:21] wurstgelee : martinium: Contracts details'? Expiry date? On the left? ;)
[2016-10-26 14:35:34] MrRGnome : I love it @sleger, too much stupid in this trollbox beat it until it's dead
[2016-10-26 14:35:46] martinium : I have my window real small since I have to work for a living
[2016-10-26 14:36:01] martinium : thus didn't scroll and check that but lesson learned
[2016-10-26 14:36:06] wurstgelee : stupid is what pays your bills, dealing with clever only wont make things easier
[2016-10-26 14:36:39] MrRGnome : It's not that I don't want to trade against stupid, I just don't want to have to read it.
[2016-10-26 14:37:05] sleger : so the daily jpy futures, is it every day or every week ?
[2016-10-26 14:37:10] Rado : MrRGnome: feel free to minimize your chat
[2016-10-26 14:37:25] martinium : some of you guys are straight assholes for real
[2016-10-26 14:37:26] Rado : sleger: you are too bad
[2016-10-26 14:37:38] martinium : love taking peoples money when they are so arrogant
[2016-10-26 14:37:39] MrRGnome : Rado: That would make getting info from admins quite difficult
[2016-10-26 14:38:10] Rado : martinium: they just need some love
[2016-10-26 14:38:17] wurstgelee : sleger: hahaha
[2016-10-26 14:38:27] Rado : most of them were bused as children
[2016-10-26 14:38:36] Rado : abused
[2016-10-26 14:38:43] wurstgelee : martinium: most of us arent tbh, u ever been to polo trollbox?
[2016-10-26 14:38:44] martinium : yeah, I guess. I've forgiven them already since many internet wannabe smart asses in crypto
[2016-10-26 14:38:55] wurstgelee : this is where retardiation lives..
[2016-10-26 14:38:57] MrRGnome : What does that even mean? Is that a poor people joke, only properly understood as an upper crust elitist?
[2016-10-26 14:39:08] martinium : wurstgelee: I've traded on polo rarely and barely if ever used the trollbox
[2016-10-26 14:39:12] Rado : 687 users online now
[2016-10-26 14:39:20] Rado : a lot of new signups I gues
[2016-10-26 14:39:24] martinium : I mainly trade oil futures and ES index futures
[2016-10-26 14:39:34] martinium : no trollbox in the "normal" market
[2016-10-26 14:39:39] Rado : I referred 4 users, but none of them trade lol
[2016-10-26 14:39:49] wurstgelee : 2 users but the same
[2016-10-26 14:39:50] MrRGnome : tradingview has a good trollbox for traditional markets
[2016-10-26 14:40:54] Rado : martinium: what do you think about Oil medium term?
[2016-10-26 14:41:05] martinium : Rado: headed to $60
[2016-10-26 14:41:09] martinium : by dec
[2016-10-26 14:41:15] Rado : k
[2016-10-26 14:41:18] martinium : any pullback will be a dip buy
[2016-10-26 14:41:32] sleger : martinium: the month of december or the quarter ?
[2016-10-26 14:41:45] martinium : opec conf 11/30 will start the liftoff
[2016-10-26 14:41:55] martinium : IMO
[2016-10-26 14:42:09] Rado : martinium: he was still pulling your leg about the month
[2016-10-26 14:42:16] martinium : yeah I read his comment
[2016-10-26 14:42:19] martinium : so I ignored
[2016-10-26 14:42:29] martinium : some people think they are so smart
[2016-10-26 14:42:45] martinium : but whatever he is probably just teasing for some laughs
[2016-10-26 14:43:00] martinium : it was a stupid question on my part though
[2016-10-26 14:43:09] sleger : yes ofc, but if you read back, you would admit your question was pretty dumb
[2016-10-26 14:43:14] Rado : it was :-)
[2016-10-26 14:43:23] sleger : ah you just did, good, we can move on now
[2016-10-26 14:43:27] martinium : lol
[2016-10-26 14:43:35] martinium : yeah, it's all good
[2016-10-26 14:44:14] martinium : massive price differential between the xbt swap and futures
[2016-10-26 14:44:29] martinium : difference*
[2016-10-26 14:44:33] MrRGnome : sleger: Did you ever get an answer on settement fees?
[2016-10-26 14:44:53] sleger : greg kind of said it would be free if i understood him correctly
[2016-10-26 14:45:00] MrRGnome : okay thanks
[2016-10-26 14:45:04] sleger : "I believe so"
[2016-10-26 14:45:20] BitMEX_Greg : Checking
[2016-10-26 14:45:39] Rado : martinium: that's how futures work
[2016-10-26 14:46:18] MrRGnome : BitMEX_Greg: Please spend some time formalizing a policy for adding and updating instruments that includes notice to more than just market makers.
[2016-10-26 14:47:04] BitMEX_Greg : All of the instruments we amend or update is for our users, we gather feedback from everyone
[2016-10-26 14:47:17] Rado : gap between China and USD exchanges narrowed quite a bit
[2016-10-26 14:47:19] MrRGnome : Right but you don't ever talk about your own ideas you just spring them on us
[2016-10-26 14:47:33] MrRGnome : you could have talked about them when we were giving feedback but you choose not to
[2016-10-26 14:48:16] martinium : Rado: usually forward months being higher is contango. Guess that is the case here
[2016-10-26 14:48:17] sleger : maybe they copy apple secretive news
[2016-10-26 14:48:21] BitMEX_Greg : We have been talking to users for months how to solve the high funding issue on some of these altcoins
[2016-10-26 14:48:31] Rado : BitMEX is still relatively small and listens to it's users which is really good
[2016-10-26 14:48:36] BitMEX_Greg : most of the feedback was to bring back futures
[2016-10-26 14:48:43] MrRGnome : I know you have. Why haven't you been talking about the potential solutions you were exploring?
[2016-10-26 14:48:45] martinium : Rado: I agree
[2016-10-26 14:48:52] MrRGnome : Bringing futures back was my own feedback as well
[2016-10-26 14:48:52] Rado : Imagine going to NYSE and saying I want you to change your options because I don't like them
[2016-10-26 14:49:05] martinium : they'll laugh at you
[2016-10-26 14:49:06] BitMEX_Sam : Listing new products does not necessarily require notice to anyone, in general we like to have the product live before we talk about it so it doesn't become a "come back later" announcement.
[2016-10-26 14:49:22] martinium : BitMEX_Sam: immediate gratification
[2016-10-26 14:49:24] BitMEX_Sam : As for a swap settlement date, as soon as you announce a date, it has one, you're arguing over how long the notice is
[2016-10-26 14:49:25] MrRGnome : BitMEX_Sam: I would like to see that policy change.
[2016-10-26 14:49:38] MrRGnome : I'm not @BitMEX_Sam arguing about how long the notice is
[2016-10-26 14:49:45] BitMEX_Sam : New products do not affect existing products. Just because there is an XBTZ does not mean you are required to trade it right now
[2016-10-26 14:49:50] MrRGnome : I am arguing that you should have launched futures alongside swap and then transitioned
[2016-10-26 14:50:09] BitMEX_Sam : MrRGnome: We have decided not to split liquidity. You may not agree with that decision but it is what we have decided for now.
[2016-10-26 14:50:33] BitMEX_Sam : The entire reason we are transitioning to futures from swaps on alts is because the liquidity is not enough to support a swap.
[2016-10-26 14:50:34] MrRGnome : I can very clearly see your decisions, but if you had talked about your intent before hand people like me could have been more prepare
[2016-10-26 14:50:49] BitMEX_Sam : Again, if we had told you earlier the swap would have a settlement date, then it would have one
[2016-10-26 14:50:51] MrRGnome : That's all I want and I think it's perfectly reasonable
[2016-10-26 14:51:02] MrRGnome : I'm not talking about you explicitly stating swap will settle
[2016-10-26 14:51:10] MrRGnome : I'm talking about you discussing th eidea while gathering feedback
[2016-10-26 14:51:20] Rado : There are always to sides of the trade. If you think you are having time to close your position the other side is taking opening a trade.
[2016-10-26 14:51:31] Rado : When are they going to have a chance of closing it?
[2016-10-26 14:51:47] Rado : settlement is when everyones position is closed
[2016-10-26 14:54:48] martinium : MrRGnome: you still have 9 days to close the position. I understand your viewpoint but they didn't just settle it with two days left you have time to exit your position or rethink a new strat.
[2016-10-26 14:54:54] martinium : I think that's fair
[2016-10-26 14:57:59] MrRGnome : I agree that the moment someone says something will settle, it's a future (and someone should tell the other admins that because they keep insisting the instrument hasn't changed to a future yet) I just want the feedback discussions to be bidirectional, and new products to be discussed and announced before launch not after.
[2016-10-26 15:00:09] Boontjie : Rado: you on stack overflow?
[2016-10-26 15:00:29] Rado : Yes, but not very active there
[2016-10-26 15:00:34] Boontjie : Rado: http://stackoverflow.com/questions/11269338/how-can-i-comment-out-or-add-comment-in-a-batch-cmd
[2016-10-26 15:00:42] Boontjie : I believe I see you there
[2016-10-26 15:02:04] Rado : Boontjie: That's not me
[2016-10-26 15:02:33] Rado : http://stackoverflow.com/users/4573728/rado
[2016-10-26 15:03:55] rapidtrades : Rado: is that a good place to ask programming qs
[2016-10-26 15:04:03] Boontjie : Someone stole your nick bro, its time to allocate some resources to a lawyer
[2016-10-26 15:04:07] Rado : the best place
[2016-10-26 15:04:20] rapidtrades : cool
[2016-10-26 15:04:39] Rado : rapidtrades: you can get your question answered in a few min
[2016-10-26 15:05:16] BitMEX_Sam : Yeah, people on SO are so focused on getting points that they generally answer very very quickly
[2016-10-26 15:05:28] BitMEX_Sam : It's a good model for the skinner box style of social application
[2016-10-26 15:05:47] Rado : yes
[2016-10-26 15:06:00] Boontjie : No one wants the trollbait? :(
[2016-10-26 15:06:17] ixess : what do they do with the points?
[2016-10-26 15:06:33] sleger : they collect them
[2016-10-26 15:06:36] Rado : ixess: reputation
[2016-10-26 15:06:49] rapidtrades : hookers&blew
[2016-10-26 15:06:51] Rado : youu can get a really good job just by the fact that you have good reputation on SO
[2016-10-26 15:06:58] rapidtrades : cmon...
[2016-10-26 15:07:13] Rado : I am serious
[2016-10-26 15:07:23] BitMEX_Sam : Rado: True in a way, GitHub & SO reputation goes a good way
[2016-10-26 15:07:24] rapidtrades : come on...
[2016-10-26 15:07:33] BitMEX_Sam : Something to point to if you're going to do relatively anon freelance contracts
[2016-10-26 15:07:39] Rado : people add their GitHub and SO profiles in resumes
[2016-10-26 15:07:58] BitMEX_Sam : I appreciate that too when I do hiring, reading someone's code & discourse with other programmers is a good indicator of future performance
[2016-10-26 15:08:01] BitMEX_Sam : At least, it's better than most
[2016-10-26 15:08:12] Boontjie : rapidtrades: Illegal poker gambling sites
[2016-10-26 15:08:46] rapidtrades : @Boontjie i'm listening...
[2016-10-26 15:09:07] ixess : Rado: very nice info, im in compsci
[2016-10-26 15:09:33] Boontjie : We can set up some sites that cash in SO profiles for illegal gambling chips
[2016-10-26 15:09:44] BitMEX_Sam : ixess: As a personal recommendation, the best contract jobs always come from face-to-face contact, not online freelance sites
[2016-10-26 15:09:55] Boontjie : So when the house wins we can sell these profiles to woodbee graduates wanting good jobs
[2016-10-26 15:09:55] BitMEX_Sam : People want to deal with people they know & trust, not randoms online
[2016-10-26 15:13:07] ixess : im not a social person, so some reputation might help me
[2016-10-26 15:13:45] martinium : ixess: build up your github and it helps substantially for jobs especially if you have little work experience if still in school etc
[2016-10-26 15:14:01] martinium : many cs majors can't even code
[2016-10-26 15:14:28] Boontjie : martinium: Did they qualify?
[2016-10-26 15:14:35] MrRGnome : martinium: Such a sad truth. I hate hiring fresh grads, so much training
[2016-10-26 15:14:58] martinium : MrRGnome: schools now focus on too much theory on top of their programs being mostly outdated
[2016-10-26 15:15:59] martinium : many of the best programmers don't even have cs degrees nowadays
[2016-10-26 15:16:04] MrRGnome : It's just such a wide, wide field. I undersatnd where the schools are coming from wanting to lay a solid foundation since it's impossible to teach everything
[2016-10-26 15:16:19] martinium : MrRGnome: agree 100%
[2016-10-26 15:16:36] martinium : but they are expecting in-demand job skill proficiency as well
[2016-10-26 15:16:50] MrRGnome : Yes, and unfortunately that skillset changes every few years
[2016-10-26 15:16:58] MrRGnome : not very condusive to the way acadamia functions
[2016-10-26 15:17:04] martinium : companies need to inform schools what they really need from CS grads so it can be worked into their curriculum
[2016-10-26 15:18:01] martinium : MrRGnome: at the end of the day motivated new grads that are potentially great assets usually have github profiles with at least some projects showing that they have interest and were trying to cement some skills
[2016-10-26 15:19:52] MrRGnome : In terms of low level degrees like BCS it's really rough, I recently interviewed a top grad who could barely string together some SQL let alone anything else
[2016-10-26 15:20:14] MrRGnome : and with masters you tend to get some very specialized knowledge but the same dearth of applicable skills in the general sense
[2016-10-26 15:20:25] martinium : MrRGnome: the thing is that CS is really a mathematics field
[2016-10-26 15:20:38] martinium : there should be a new degree specifically for software engineering
[2016-10-26 15:21:23] MrRGnome : Maybe it's because I don't care about degrees, but I strongly prefer an autodidact with a track record of success over a fresh grad.
[2016-10-26 15:21:50] martinium : degrees are just ways for HR depts to lessen their applicant load in most fields
[2016-10-26 15:22:35] martinium : exception to this would be engineering disciplines and science disciplines where specialized theoretical knowledge from their schooling makes a difference
[2016-10-26 15:25:07] MrRGnome : I work a lot with enterprise customers and I need people who are familiar with just the worst kinds of tools and technologies, like everything IBM pumps out. No one has any experience because licenses cost millions of dollars. It's a mess to recruit for if you don't want to invest heavily in training
[2016-10-26 15:30:15] martinium : yeah, it's a catch22
[2016-10-26 15:30:31] martinium : some of those licenses are really good but many if not most are overpriced garbage
[2016-10-26 15:30:32] laisee : gotta hire those who love writing code, CS degree or no. in fact I find non-CS are better coders - less to unlearn.
[2016-10-26 15:31:02] martinium : laisee: so many CS grads have the bad programming habits instilled by some of their instructors
[2016-10-26 15:31:24] martinium : many academics are themselves not usually superstar programmers
[2016-10-26 15:31:27] laisee : decades old java cruft ...
[2016-10-26 15:31:44] martinium : I hate java
[2016-10-26 15:31:53] martinium : but it is entrenched in entrprise
[2016-10-26 15:32:00] Rado : by the way guys if you are interested in remote jobs this site is good: https://remoteok.io/
[2016-10-26 15:32:26] martinium : Rado: cool, tanks
[2016-10-26 15:33:27] Rado : In February I become officially digital nomad
[2016-10-26 15:33:38] Rado : will be traveling for a few years
[2016-10-26 15:35:38] laisee : thanks, rado
[2016-10-26 15:36:13] martinium : Rado: travel and enjoy life, beats the hell out of a fixed 9-5
[2016-10-26 15:36:57] laisee : rado - I met a few nomads in Vietnam. it's good location for cost, connections and vibe
[2016-10-26 15:37:53] Rado : southeast Asia is cheap and a lot of digital nomads there
[2016-10-26 15:38:23] laisee : yup, very true. seeing more & more over last 2 years
[2016-10-26 15:38:26] rapidtrades : Rado: cool maybe we'll run into each other
[2016-10-26 15:38:38] rapidtrades : i plan to hit asia next year
[2016-10-26 15:38:42] Rado : rapidtrades: I hope so :-)
[2016-10-26 15:39:05] Rado : I will be there March to June
[2016-10-26 15:40:49] Rado : STEEM has really tanked
[2016-10-26 15:40:57] Rado : is their model broken?
[2016-10-26 15:41:13] rapidtrades : idk but i had few bucks on there
[2016-10-26 15:41:14] laisee : thought STEEM model ws P&D?
[2016-10-26 15:41:32] ixess : Rado: steem to 0 is their model
[2016-10-26 15:41:34] rapidtrades : is the value of those usd-locked or am i boned
[2016-10-26 15:42:17] Rado : the idea was good if they actually upvote good content
[2016-10-26 15:42:22] RocketScience : steem is dump & dump
[2016-10-26 15:42:27] rapidtrades : i could never figure out how the compensation worked
[2016-10-26 15:42:28] ixess : its in their whitepaper. gotta go now, bye
[2016-10-26 15:42:41] Rado : what they did instead is they upvoted only content that will make them more popular
[2016-10-26 15:42:46] Rado : so that will make it P&D
[2016-10-26 15:42:56] RocketScience : 60% of voting power in hands of 5 devs
[2016-10-26 15:43:07] rapidtrades : they also upvote content they know will be popular
[2016-10-26 15:43:11] martinium : talk about centralized
[2016-10-26 15:43:16] rapidtrades : so if ur already big, u will get bigger
[2016-10-26 15:43:28] Rado : yep
[2016-10-26 15:43:30] rapidtrades : cos upvoting gets $$$ too
[2016-10-26 15:43:32] RocketScience : and give 10k rewards to already rich famus people for their Hello post
[2016-10-26 15:43:38] rapidtrades : yep
[2016-10-26 15:43:42] Rado : but that is what will destroy them
[2016-10-26 15:43:46] rapidtrades : most of the crooks
[2016-10-26 15:44:06] rapidtrades : like Charlie Shrem and that guy that scammed ppl in Mexico
[2016-10-26 15:44:17] rapidtrades : dollar vigilante
[2016-10-26 15:44:37] Rado : Jeff Burwick
[2016-10-26 15:44:41] rapidtrades : yes
[2016-10-26 15:46:51] rapidtrades : https://uk.news.yahoo.com/school-evacuated-rock-display-classroom-082007371.html
[2016-10-26 15:47:38] RocketScience : they could just evacuate the rock instead
[2016-10-26 15:50:40] rapidtrades : will Eth turn out to be sleger's worst investment in 2016?
[2016-10-26 15:50:51] rapidtrades : Tune in on 31 dec to find out!
[2016-10-26 15:51:29] MrRGnome : rapidtrades: It certainly was mine, I'm not a pro trader like you =( I was even crying for you during the dump, begging you to let me sleep on your couch
[2016-10-26 15:51:48] MrRGnome : sicne I'll clearly soon be homeless if the dump keeps up
[2016-10-26 15:52:15] rapidtrades : http://news.forexlive.com/!/boj-said-to-move-away-from-qe-purchase-target-bloomberg-20161026
[2016-10-26 15:53:13] rapidtrades : MrRGnome: i don't even have a couch atm
[2016-10-26 15:54:14] sleger : what kind of place doesnt have a couch ?
[2016-10-26 15:54:23] MrRGnome : You probably operate a couch emporium, you just hate me.
[2016-10-26 15:54:57] MrRGnome : Can't even offer a couch to your best friend in the world.
[2016-10-26 15:55:22] rapidtrades : sleger: a tiny place
[2016-10-26 15:55:52] sleger : replace the bed by a pullout couch?
[2016-10-26 15:56:15] MrRGnome : Yeah I'm totes okay to go head to toe snuggle buddy
[2016-10-26 15:56:21] MrRGnome : Doesn't matter to me
[2016-10-26 15:56:21] rapidtrades : i rent short-term so can't do that @sleger
[2016-10-26 15:56:31] rapidtrades : i'll be moving in 2 weeks anyway
[2016-10-26 16:07:01] poes : why is the dec30 price so high?
[2016-10-26 16:07:18] poes : eli5 haha
[2016-10-26 16:08:13] poes : XBTZ16 and XBJZ16
[2016-10-26 16:09:54] MrRGnome : poes: futures. Speculation is the price will be higher on Dec 30 than now.
[2016-10-26 16:41:27] sleger : is bitcoin backlog really over 2 days now ?
[2016-10-26 16:43:55] RocketScience : https://blockchain.info/unconfirmed-transactions
[2016-10-26 16:44:04] RocketScience : 50000
[2016-10-26 16:44:40] sleger : and price is going up ...
[2016-10-26 16:44:43] poes : are they going to fix it by the end of the year or something?
[2016-10-26 16:44:57] RocketScience : segwit or bigger blocks
[2016-10-26 16:47:00] habibi : bigger blocks don't necessary lead to more expensive spam attacks
[2016-10-26 16:47:24] RocketScience : is there a spam attack?
[2016-10-26 16:47:43] sleger : it seems, but doubt it explains all the backlog
[2016-10-26 16:50:30] martinium : blockstream holding block size hostage
[2016-10-26 16:50:42] martinium : currencies should not have backlogs of transactions waiting to be processed
[2016-10-26 16:50:45] habibi : i would say it is caused by spam attack at first place, grow of uncomfirmed transactions doesnt look natural
[2016-10-26 16:50:54] habibi : martinium: then use ethereum ffs
[2016-10-26 16:51:08] martinium : nope
[2016-10-26 16:51:13] martinium : BTC ftw
[2016-10-26 16:51:28] martinium : hopefully more people switch to bitcoin unlimted
[2016-10-26 16:51:34] martinium : unlimited*
[2016-10-26 16:51:53] dasdfasdf : y?
[2016-10-26 16:52:08] martinium : it stays in line with the original vision for bitcoin
[2016-10-26 16:52:19] martinium : gradual block size increases and on-chain scaling
[2016-10-26 16:52:34] martinium : not the off-chain nonsense core/blockstream wants to do
[2016-10-26 16:53:03] martinium : offchain defeats the purpose of trustless transactions that the blockchain solves in the first place
[2016-10-26 16:53:39] habibi : martinium: let's say there will be 2 forks, will u switch to unlimtied and leave core alone ? even if only 1% of other people will switch with u?
[2016-10-26 16:54:45] sleger : he said hopefully people switch to unlimited, he did not say he was retarded
[2016-10-26 16:55:58] martinium : sleger: exactly
[2016-10-26 16:56:14] habibi : all i am saying is... this is open market, u can creat ur own fork, coin whatever. u can try to convince people to go ur way
[2016-10-26 16:56:23] martinium : no need
[2016-10-26 16:56:35] martinium : bitcoin exists and is what needs to fully succeed
[2016-10-26 16:57:09] martinium : I just don't like the blockstream ties to The Rothschilds and powerful banking families that don't want bitocin to succeed
[2016-10-26 16:57:29] martinium : these people subvert and have very long term plans. there is a reason they are successful
[2016-10-26 16:58:55] BitMEX_Sam : This is a bit of a perfect storm for Zcash given the backlog
[2016-10-26 16:59:48] habibi : BitMEX_Sam: same stuff was when promotion campaign was going for eth
[2016-10-26 17:00:19] martinium : BitMEX_Sam: almost, but a lot of infrastructure in place for bitcoin that zcash won't have
[2016-10-26 17:00:41] BitMEX_Sam : True. Although much of it is already compatible
[2016-10-26 17:00:48] BitMEX_Sam : For example, we have a Zc block explorer online.
[2016-10-26 17:01:45] BitMEX_Sam : https://zchain.info/
[2016-10-26 17:03:05] martinium : interesting. is the zcash founders % permanent?
[2016-10-26 17:03:09] BitMEX_Sam : Currently upgrading that node by the way.
[2016-10-26 17:03:26] martinium : I mean 20% of all income to founders is substantial
[2016-10-26 17:03:46] BitMEX_Sam : No, it's 10%
[2016-10-26 17:03:57] BitMEX_Sam : It's 20% up to the first 10.5M
[2016-10-26 17:03:59] BitMEX_Sam : Then 0%.
[2016-10-26 17:04:10] martinium : ah cool that's reasonable
[2016-10-26 17:04:21] sleger : per year or ever ?
[2016-10-26 17:04:23] martinium : this will be interesting to see if develop
[2016-10-26 17:04:31] martinium : sleger: think I read that its ever
[2016-10-26 17:04:49] MrRGnome : martinium: It ends after the first halving 4 years from now
[2016-10-26 17:04:55] MrRGnome : and is 10%
[2016-10-26 17:05:18] martinium : so 10% of all mined coins for 4 years or until 10.5 milcoins mined
[2016-10-26 17:05:48] MrRGnome : if coins are mined faster it just means halving happens sooner.
[2016-10-26 17:05:55] BitMEX_Sam : It's literally 20% of each block reward goes to founders until the first halving.
[2016-10-26 17:06:05] BitMEX_Sam : So reward is 40/10 in the first four years, then 25
[2016-10-26 17:06:12] sleger : oh full block, not just fees okay
[2016-10-26 17:06:15] MrRGnome : 20%? I have 10%
[2016-10-26 17:06:34] BitMEX_Sam : It's 20% for the first half of coins mined, then 0% after, for a total of 10% of all mined coins.
[2016-10-26 17:06:41] MrRGnome : I see
[2016-10-26 17:06:52] rapidtrades : OMGGGGGGG 666
[2016-10-26 17:07:01] rapidtrades : WE'RE ALL GONNA DIE
[2016-10-26 17:07:12] Rado : rapidtrades: 666 was a resistance a few months back
[2016-10-26 17:07:14] BitMEX_Sam : We're running the new `tromp` equihash solver on zchain.info, brought our hashrate from 1 per 60s to about 2 per second
[2016-10-26 17:07:17] Rado : we spend a few days there
[2016-10-26 17:07:22] BitMEX_Sam : That's quite interesting.
[2016-10-26 17:07:23] Rado : now back to that
[2016-10-26 17:22:44] wurstgelee : 4600 again? ;)
[2016-10-26 17:25:02] lopol : what means contrac funding rate?
[2016-10-26 17:25:19] RocketScience : 4601 huobi
[2016-10-26 17:25:25] lopol : Does i have to pay now 0,13% everyday as fee?
[2016-10-26 17:25:51] BitMEX_Sam : lopol: The funding rates change based on the market, please see https://www.bitmex.com/app/swapsGuide#Funding
[2016-10-26 17:25:57] RocketScience : every 8 hours
[2016-10-26 17:26:06] RocketScience : this is a high fee, learn and read why
[2016-10-26 17:26:17] martinium : demand
[2016-10-26 17:26:18] martinium : mwuahahaha
[2016-10-26 17:26:32] RocketScience : to 5000
[2016-10-26 17:28:34] wurstgelee : finex 677
[2016-10-26 17:28:36] wurstgelee : not bad
[2016-10-26 17:29:18] REKT : Liquidated short on `XBTUSD`: Buy 1300 @ 669.31
[2016-10-26 17:29:23] REKT : Liquidated short on `XBTUSD`: Buy 675 @ 669.67
[2016-10-26 17:29:31] wurstgelee : if we dump 150 cny in a few minitues i will kick someone
[2016-10-26 17:29:40] wurstgelee : *minutes
[2016-10-26 17:29:42] jung1 : damn
[2016-10-26 17:29:48] REKT : Liquidated short on `XBTUSD`: Buy 3 @ 671.49 :punch: :whale:
[2016-10-26 17:31:13] wurstgelee : looks good
[2016-10-26 17:32:01] jung1 : 100 in this year?
[2016-10-26 17:32:07] jung1 : 1000
[2016-10-26 17:32:23] wurstgelee : i have no clue
[2016-10-26 17:32:33] martinium : jung1: I think we see that in 2017
[2016-10-26 17:32:39] wurstgelee : finex 680.00
[2016-10-26 17:32:44] wurstgelee : 681
[2016-10-26 17:32:45] martinium : around 3rd qtr
[2016-10-26 17:33:05] martinium : we are on pace for mid 800's by 1st qtr 2017
[2016-10-26 17:33:23] jung1 : yeah it will be much harder for bitcoin to have such huge pumps
[2016-10-26 17:33:31] jung1 : a lot of margin
[2016-10-26 17:33:39] jung1 : and bigge market
[2016-10-26 17:33:46] martinium : the bubble and severe correction after $1200 spike was thebest thing
[2016-10-26 17:34:04] martinium : the rise from bottom until now has been a slow stead stable rise with dips and spikes in between
[2016-10-26 17:34:08] REKT : Liquidated short on `XBTUSD`: Buy 102742 @ 673.40 **REKTosaurus** :slot_machine: :moneybag: :fire:
[2016-10-26 17:34:08] martinium : much much healthier
[2016-10-26 17:34:52] martinium : yikes that a big liquidation
[2016-10-26 17:35:08] martinium : whoever that was gave back all their funding fee gains
[2016-10-26 17:40:22] REKT : Liquidated long on `XBTUSD`: Sell 3 @ 671.02 :punch: :whale:
[2016-10-26 17:40:40] sleger : sooo the ADL has been launched for a while
[2016-10-26 17:41:05] sleger : and on xbt swap I have <0 unrealized, leverage 3.6x, and all lights are lit
[2016-10-26 17:41:21] sleger : I repeat I have <0 unrealized, how does it make sense ?
[2016-10-26 17:41:39] rapidtrades : stop trading huge
[2016-10-26 17:41:49] sleger : I have nothing : XBTUSD -41450
[2016-10-26 17:41:59] rapidtrades : lol nothing just 40k
[2016-10-26 17:42:06] sleger : open interest is 3 millions
[2016-10-26 17:42:43] sleger : XBTUSD -41450 61.7402 XBT 664.33 671.36 100000000.00 0.6717 XBT (Cross) -0.6530 XBT (-104.66%)
[2016-10-26 17:49:43] justinlooking : hmmm today's pnl is mostly l
[2016-10-26 17:52:41] rapidtrades : not here
[2016-10-26 17:53:53] justinlooking : even a broken clock... :P
[2016-10-26 17:54:16] rapidtrades : i've been long since 614
[2016-10-26 17:54:44] rapidtrades : only used 1/2 my usual size tho....so kinda screwed myself
[2016-10-26 17:54:59] SkywalkerMcfly : long since 45p
[2016-10-26 17:55:02] SkywalkerMcfly : 450
[2016-10-26 17:55:15] rapidtrades : f*ck off Mcfly
[2016-10-26 17:55:43] SkywalkerMcfly : no leverage though
[2016-10-26 17:56:53] rapidtrades : like many here I didn't trus the rally
[2016-10-26 17:57:10] rapidtrades : prolly why we keep going up :) walls of worry and all that
[2016-10-26 17:58:13] jung1 : that trend line is awesome
[2016-10-26 17:58:39] wurstgelee : yes
[2016-10-26 17:59:08] REKT : Liquidated short on `XBTUSD`: Buy 125 @ 675.32
[2016-10-26 18:00:32] justinlooking : Users:652
[2016-10-26 18:12:27] jordanbitfort : why would you use XBT perpetual swap over the new Dec 30 future?
[2016-10-26 18:15:32] rapidtrades : Yes, you could very easily, but then it'd be longer than 80 characters, which in Python is bad style.
[2016-10-26 18:15:40] rapidtrades : ^^^ is this true?
[2016-10-26 18:15:56] BitMEX_Sam : That's subjective
[2016-10-26 18:15:59] BitMEX_Sam : Some people go for 120 now.
[2016-10-26 18:16:15] BitMEX_Sam : But pep8 limits to 79 char and a lot of people go for that.
[2016-10-26 18:16:22] rapidtrades : they cap it to make it easier to read?
[2016-10-26 18:16:25] BitMEX_Sam : Yep
[2016-10-26 18:16:28] rapidtrades : what's pep8
[2016-10-26 18:16:36] BitMEX_Sam : Style guide & supporting tools for Python.
[2016-10-26 18:16:46] rapidtrades : ah thanks
[2016-10-26 18:17:01] BitMEX_Sam : I personally use pyflakes, it's a bit more sane
[2016-10-26 18:20:16] rapidtrades : BitMEX_Sam: tnx i'll check it out
[2016-10-26 18:21:55] martinium : jordanbitfort: perpetual swap works better if you want to get in on a position and not have to roll over for longer term trades.
[2016-10-26 18:22:21] martinium : many times a new futures contract for next quarter will have contango in the new price
[2016-10-26 18:22:51] justinlooking : `import codecs; codecs.decode('encvq vf tnl', 'rot_13')`
[2016-10-26 18:22:53] justinlooking : bbl
[2016-10-26 18:22:59] BitMEX_Sam : Swap also doesn't have basis swings.
[2016-10-26 18:23:13] BitMEX_Sam : But you can of course earn basis on most futures in a similar fashion to funding.
[2016-10-26 18:23:28] BitMEX_Sam : justinlooking: dirty
[2016-10-26 18:24:28] MrRGnome : roffle where did you pull that rot13 from?
[2016-10-26 18:24:28] martinium : BitMEX_Sam: any idea when the XBTZ16 reference page will be up?
[2016-10-26 18:24:43] BitMEX_Sam : Reference page?
[2016-10-26 18:24:51] martinium : the guide
[2016-10-26 18:24:52] BitMEX_Greg : martinium: Do you mean: https://www.bitmex.com/app/contract/XBTZ16
[2016-10-26 18:24:56] martinium : gives a 404
[2016-10-26 18:25:07] MrRGnome : not 404 for me
[2016-10-26 18:25:11] BitMEX_Sam : martinium: Refresh
[2016-10-26 18:25:25] martinium : awesome now it works
[2016-10-26 18:27:08] REKT : Liquidated long on `LTCXBT`: Sell 1438 @ 0.00583
[2016-10-26 18:27:20] sleger : quaterly has 100x, that's crazy
[2016-10-26 18:27:39] BitMEX_Greg : Now we have risk limits and ADL in place, its a bit easier to offer the higher leverage
[2016-10-26 18:28:35] REKT : Liquidated short on `XBTUSD`: Buy 702 @ 676.58
[2016-10-26 18:30:22] REKT : Liquidated long on `LTCXBT`: Sell 1050 @ 0.00579
[2016-10-26 18:32:01] sleger : big hidden order at 676.92
[2016-10-26 18:32:25] BitMEX_Greg : seems so
[2016-10-26 18:32:36] sleger : gone
[2016-10-26 18:33:54] MrRGnome : Anyone want to join me in a group prayer to the gods of eth as we dip below 0.017? "Oh Vitalik, hallowed be thy name.Thy ethereum kingdom come, thy will be done in the markets as it is in the blockchain. Give us this day our daily fork, and forgive us our bitcoin holdings as we forgive those who hold shitcoins. Lead us not into temptation to buy other shitcoins, but deliver us from their evil. For thine is the blockchain and power and the glory for as long as miners don't mine ETC. Amen."
[2016-10-26 18:34:26] sleger : and be careful of dark alleys
[2016-10-26 18:35:38] QuantFocus : unless you're a criminal
[2016-10-26 18:35:42] QuantFocus : then you probably like dark alleys
[2016-10-26 18:39:33] Shoes : How do just a portion of my position
[2016-10-26 18:39:40] Shoes : Close
[2016-10-26 18:40:26] QuantFocus : buy/sell the opposite
[2016-10-26 18:40:32] QuantFocus : for the amount you want to close
[2016-10-26 18:42:14] Shoes : Cool
[2016-10-26 18:53:32] rapidtrades : sleger: did u get ADLed?
[2016-10-26 18:53:38] sleger : no
[2016-10-26 18:53:58] sleger : still all lit up though ...
[2016-10-26 18:54:25] rapidtrades : FIREWORKS SOON SON
[2016-10-26 18:54:38] jung1 : is it any new why price go up?
[2016-10-26 18:54:57] jung1 : or just normal moon time before christmas?
[2016-10-26 18:55:37] martinium : jung1: technicals have been pointing to a rise for months now. This is just getting started.
[2016-10-26 18:57:59] martinium : loving the volume on the xbt swap today
[2016-10-26 18:58:55] jung1 : bitmex is big player in bitcoin ecosystem now
[2016-10-26 18:59:30] martinium : jung1: Their platform is top notch and they have good security
[2016-10-26 18:59:31] sleger : arent you too sad they are delisting your baby, lisk ?
[2016-10-26 18:59:34] jung1 : its great to see how it grows and tripple users in couple of months
[2016-10-26 19:00:13] jung1 : I already sold most of it at 6x ico price so cant complain
[2016-10-26 19:02:49] sleger : i did the same with my bitcoin ico !
[2016-10-26 19:03:30] martinium : sleger: yeah in your fairytale
[2016-10-26 19:03:32] martinium : lol
[2016-10-26 19:03:37] sleger : he started it
[2016-10-26 19:04:01] martinium : ok kids you settle this after school
[2016-10-26 19:13:49] jordanbitfort : am i right that there are no fees for holding xbtz16
[2016-10-26 19:14:38] wurstgelee : jordanbitfort: yes
[2016-10-26 19:16:17] RocketScience : how much can futures move?
[2016-10-26 19:16:26] RocketScience : what moves the mark price?
[2016-10-26 19:17:21] martinium : RocketScience: the limit up price
[2016-10-26 19:18:34] lockhedge : limit up/down is currently only activated at ZEC which is marked to the last price
[2016-10-26 19:18:52] poes : wow
[2016-10-26 19:18:54] lockhedge : RocketScience: depends on the contract
[2016-10-26 19:19:19] RocketScience : xbt december...what if someone decides to be bearish and drops the price below spot price?
[2016-10-26 19:19:34] RocketScience : is manipulation possible?
[2016-10-26 19:19:43] j8 : RocketScience: you need to check the mark method in contract specs. in this case it's impact mid price. check here https://www.bitmex.com/app/fairPriceMarking
[2016-10-26 19:19:48] poes : so why isnt the price much closer to the actual market price?
[2016-10-26 19:20:13] jung1 : couse its futures
[2016-10-26 19:20:24] jung1 : we predict when price will be in near future
[2016-10-26 19:20:40] poes : yeah but the only difference is that its settled at 30 dec right?
[2016-10-26 19:21:15] jung1 : but you can easly sell it or buy it whenever you want
[2016-10-26 19:21:24] poes : and if there's no limit and it just moves with the actual price isnt the price way to high?
[2016-10-26 19:21:35] crypton00b : Looks like ZCash passed security audit without any critical issues found: https://www.nccgroup.trust/us/our-research/zcash-cryptography-and-code-review/
[2016-10-26 19:23:17] jung1 : it will be huge
[2016-10-26 19:24:12] RocketScience : what if market maker would just move the orderbook to 800$
[2016-10-26 19:24:29] j8 : they could
[2016-10-26 19:24:30] RocketScience : and impact mid price would be 800...then every short gets liquidated..
[2016-10-26 19:24:38] poes : looool
[2016-10-26 19:25:07] jordanbitfort : yes, if you go short and someone buys a lot of BTC, you will be liquidated. ;^)
[2016-10-26 19:25:34] poes : and long the same right?
[2016-10-26 19:26:00] RocketScience : TL.DR: no one will irattionally drop the price to like parity with stop?
[2016-10-26 19:26:14] RocketScience : with spot price*
[2016-10-26 19:26:32] j8 : long is even worse because it's an inverse contract.. even with tiny leverage you could be liquidated
[2016-10-26 19:26:39] jordanbitfort : if it is so irrational then others will buy at the artificially low price
[2016-10-26 19:26:48] poes : i was doing some research because i was thinking about buying some futures but i dont feel safe buying them now haha
[2016-10-26 19:29:09] QuantFocus : poes: i might not be getting this 100% correct, by I believe unrealized p&l is based on mark, which is not the same as current market price
[2016-10-26 19:29:20] QuantFocus : bitmex designed it that way to avoid manipulation
[2016-10-26 19:29:52] QuantFocus : the mark price is based on their index, which is in turn based on several other reference quotes
[2016-10-26 19:30:32] sleger : it depends on the products
[2016-10-26 19:30:49] QuantFocus : true, but in xbtz?
[2016-10-26 19:30:53] lockhedge : QuantFocus: mark price on XBTZ16 is based on the index + basis which is based on the impact mid price
[2016-10-26 19:31:11] QuantFocus : right right
[2016-10-26 19:31:24] sleger : so its based on market price