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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[2016-10-27 15:17:36] wurstgelee : at least thats what i was told here
[2016-10-27 15:17:44] wurstgelee : *-s
[2016-10-27 15:18:25] Gemz : if there will be only 200 coins first 48 hours then if we even count each zec at 10 btc then zcash marketcap will only be 1.4M lol
[2016-10-27 15:19:06] wurstgelee : yes
[2016-10-27 15:19:15] Gemz : so zcash marketcap will be be very low neither way at the start
[2016-10-27 15:19:33] wurstgelee : yep
[2016-10-27 15:19:48] wurstgelee : apparently you cant type "yes" twice here. its considered spam ;)
[2016-10-27 15:20:07] Gemz : so trhese prices might not be bad to buy if u consider that
[2016-10-27 15:20:36] wurstgelee : thats up to you to decide. =)
[2016-10-27 15:20:46] wurstgelee : people have different opinions about that in here
[2016-10-27 15:21:11] kay : When will the next session begin in zec?
[2016-10-27 15:21:26] wurstgelee : looks like th current order at upper limit of session will get filled
[2016-10-27 15:21:32] wurstgelee : kay: 4:39h from now
[2016-10-27 15:21:35] justinlooking : in 5 hrs
[2016-10-27 15:27:49] wurstgelee : ...admins? soo...since polo confirmed listing for tomorrow...will u switch marking when its live there?
[2016-10-27 15:28:02] wurstgelee : listing of ZEC ofc
[2016-10-27 15:29:18] Gemz : BitMEX_Greg: are the zec sell order being pulled or getting bought, cus the latter isnt possible
[2016-10-27 15:29:20] sunny : 没中文客服么
[2016-10-27 15:29:27] sunny : 哈哈
[2016-10-27 15:30:27] BitMEX_Wally : wurstgelee: Yes we will move the marking once things have settled in
[2016-10-27 15:30:42] wurstgelee : what does "settled in" mean?
[2016-10-27 15:30:48] wurstgelee : price stabilized?
[2016-10-27 15:30:57] BitMEX_Wally : Gemz: Limit up means you cannot place a buy order above the limit up price. So sell orders stay where they are, but you cannot place a buy order to trade against them
[2016-10-27 15:31:55] BitMEX_Wally : wurstgelee: Yes, although I expect it will become a moot point because the last price here will probably track the ZEC spot price due to arbitrage
[2016-10-27 15:32:37] wurstgelee : well, my concern is a little different: polo will likely move the price way more than 25%
[2016-10-27 15:32:46] wurstgelee : so if we still have limits, we cant follow spot
[2016-10-27 15:32:48] wurstgelee : :/
[2016-10-27 15:33:35] wurstgelee : its pretty likely price here cant track spot that way, dont u think?
[2016-10-27 15:33:45] wurstgelee : with those limits still in place?
[2016-10-27 15:35:58] wurstgelee : "well, futures price here follows spot as long as spot is within 25% of futures previous session lastPrice"
[2016-10-27 15:36:09] wurstgelee : doesnt sound too great
[2016-10-27 15:36:11] wurstgelee : =)
[2016-10-27 15:37:53] Rado : At some point ZEC will be the greatest short of the year
[2016-10-27 15:38:02] wurstgelee : imo the least you have (yes, strong word) to do, is remove the limits prior to lsiting on any exchange.....
[2016-10-27 15:38:04] Rado : the hard question to answer is at what point
[2016-10-27 15:38:59] Rado : BitMEX_Wally: I was away. Did you answer my question about profit/loss on a trade?
[2016-10-27 15:39:13] Rado : ops, meant BitMEX_Greg
[2016-10-27 15:39:48] Rado : BitMEX_Wally: do you know if I can see profit/loss on a trade after I closed it
[2016-10-27 15:40:14] wurstgelee : Rado: did u check the archive if he answered?
[2016-10-27 15:40:29] wurstgelee : "View archive", top left of trollbox
[2016-10-27 15:42:11] wurstgelee : BitMEX_Wally: I will make it an easy, simple question: Will the 25% limits still be in place for ZEC at the time ZEC gets listed on any spot exchange?
[2016-10-27 15:43:15] BitMEX_Greg : Rado: Check your trading history. We don't really have a per position PNL
[2016-10-27 15:43:36] wurstgelee : BitMEX_Greg: you can answer that too if you like :)
[2016-10-27 15:43:53] BitMEX_Sam : wurstgelee: Limits will remain in place until the contract has an official index
[2016-10-27 15:44:33] wurstgelee : BitMEX_Sam: so to be clear....if polo lists and pumps to 2 btc at once, we cant trade the ZEC futures at those prices?
[2016-10-27 15:44:39] BitMEX_Sam : We expect to have an index in place ASAP, and it most likely will be Polo, but we will be watching for disruptions on launch as it is not guaranteed that ZEC itself, or Polo's support of it, will be perfectly smooth
[2016-10-27 15:44:56] BitMEX_Sam : wurstgelee: We will attempt to mark as soon as it is safe to do so
[2016-10-27 15:45:07] Rado : Thanks wurstgelee, BitMEX_greg
[2016-10-27 15:45:27] wurstgelee : ok, but it will be list first....THEN SOME TRADING HAPPENS...and then u switch marking
[2016-10-27 15:45:31] wurstgelee : in that order?
[2016-10-27 15:45:34] aethlios : too much hyped crypto bulls....
[2016-10-27 15:45:34] Rado : It will be nice to have a column for P/L in the order history
[2016-10-27 15:45:41] BitMEX_Sam : Yes, there is no other way to do it, unfortunately @wurstgelee
[2016-10-27 15:45:44] wurstgelee : which means we cant follow THEN SOME TRADING if out of 25% bounds?
[2016-10-27 15:45:48] BitMEX_Sam : We have to be sure that trading is stable and that there are no issues
[2016-10-27 15:46:08] sleger : seems like the right way to do it
[2016-10-27 15:46:23] wurstgelee : sleger: unfortunately yes..i dont see a better way either
[2016-10-27 15:46:50] wurstgelee : but that means we cant act on the expected madness in the first mins/hours
[2016-10-27 15:47:10] wurstgelee : its a fact to consider, that is all ;)
[2016-10-27 15:47:40] BitMEX_Sam : I agree - unfortunately we simply can't commit to marking it immediately because there could be issues.
[2016-10-27 15:48:03] BitMEX_Sam : If that means the contract stalls at a limit for a short time, so be it - unfortunate but less of a disaster than marking to a broken index.
[2016-10-27 15:48:22] martinium : BitMEX_Sam: is there a way that the trollbox can auto-translate text to the UI language a user is on? When we get more of our Chinese btc traders would be cool to understand them if they don't speak or know how to write english
[2016-10-27 15:48:30] wurstgelee : so anyone having zec orders within the 25% range on listing is probably fucked if it trades below or above that window
[2016-10-27 15:48:35] wurstgelee : :D
[2016-10-27 15:48:43] wurstgelee : *at the time of listing
[2016-10-27 15:48:44] BitMEX_Sam : martinium: Oh, that's a giant can of worms - Chinese <-> English machine translation is awful at best
[2016-10-27 15:49:06] BitMEX_Sam : martinium: We intend to introduce multiple chat channels in the near future though, so they don't collide.
[2016-10-27 15:49:21] wurstgelee : which will probably effectively result in no trading here from listing to marking switch
[2016-10-27 15:49:36] wurstgelee : or did i miss anything that makes that assumption wrong?
[2016-10-27 15:49:39] BitMEX_Sam : That is possible, but it is better than unnecessary liquidations.
[2016-10-27 15:50:08] wurstgelee : BitMEX_Sam: its a fact if spot trades outside of that +/- 25% window
[2016-10-27 15:50:20] wurstgelee : why would it work out differently?
[2016-10-27 15:50:24] martinium : BitMEX_Sam: that makes sense I guess
[2016-10-27 15:51:03] wurstgelee : BitMEX_Sam: and that means...people cant close or open positions.....and that means, people get instarekt on marking switch
[2016-10-27 15:51:08] wurstgelee : correct?
[2016-10-27 15:52:03] wurstgelee : unless spot trades close to +/-25% window
[2016-10-27 15:52:22] wurstgelee : maybe i am missing something here, but i cant see how this situation will get resolved without massiv liquidations
[2016-10-27 15:52:27] wurstgelee : *e
[2016-10-27 15:52:40] BitMEX_Wally : The point is to prevent liquidations caused purely by an immature spot market
[2016-10-27 15:52:50] BitMEX_Wally : if it opens at 5.0 and then crashes to 0.05 and then settles at 0.5
[2016-10-27 15:53:00] BitMEX_Wally : We don't want to liquidate all the shorts and longs along the way
[2016-10-27 15:53:14] wurstgelee : what if it opens at 2+ btc....and stays there for days....
[2016-10-27 15:53:16] wurstgelee : ?
[2016-10-27 15:53:32] wurstgelee : nobody will be able to close his shorts here becaue stuck in the price window
[2016-10-27 15:53:39] wurstgelee : and the second u switch marking....
[2016-10-27 15:53:41] wurstgelee : boom
[2016-10-27 15:53:42] uwotmate : what if it opens at 10 BTC ?
[2016-10-27 15:53:47] wurstgelee : even worse
[2016-10-27 15:53:55] BitMEX_Wally : Well, the limit is 25% per 8 hours
[2016-10-27 15:54:05] BitMEX_Wally : So the price will still rise here and shorts will get liquidated
[2016-10-27 15:54:15] loba333 : BitMEX_Wally: im trying to buy 1 ZEC 1x but it says my order was cancelled
[2016-10-27 15:54:32] wurstgelee : BitMEX_Wally: they will. and shorters can nothing to change that
[2016-10-27 15:54:44] wurstgelee : because noone will have sell orders within that window
[2016-10-27 15:54:51] wurstgelee : if spot trades above
[2016-10-27 15:55:04] uwotmate : with only 100k in first month, there will be a massive shortage
[2016-10-27 15:55:07] wurstgelee : so shorters are fucked anyways in that szenario
[2016-10-27 15:55:19] wurstgelee : uwotmate: 200 after 2 days!
[2016-10-27 15:55:23] wurstgelee : TWO HUNDRED
[2016-10-27 15:55:46] uwotmate : really only 200 ?
[2016-10-27 15:55:59] wurstgelee : 10 btc per zec isnt anywhere near impossible since polo confirmed listing on day 1
[2016-10-27 15:56:05] wurstgelee : yep
[2016-10-27 15:56:06] wurstgelee : 200
[2016-10-27 15:56:20] uwotmate : then if market cap is 20k BTC at launch, there's a good chance this will launch at 100 BTC per ZEC
[2016-10-27 15:56:38] wurstgelee : BitMEX_Wally: if am anywhere near right with my assumptions, everyone short now is already dead
[2016-10-27 15:56:49] wurstgelee : and theres nothing to change about that from now on
[2016-10-27 15:56:51] BitMEX_Wally : We will be monitoring the spot market closely and will increase limits or more mark price as appropriate
[2016-10-27 15:56:59] BitMEX_Wally : *move
[2016-10-27 15:57:05] loba333 : BitMEX_Wally: Can u answer you question please
[2016-10-27 15:57:46] BitMEX_Wally : loba333: ZECZ16 limit up price is 0.522512 so you cannot place an order above that
[2016-10-27 15:58:08] BitMEX_Wally : The limit up price will reset in about 4 hours
[2016-10-27 15:58:36] wurstgelee : BitMEX_Wally: people will be stuck in positions as soon as spot trades out of bounds of any price window u define
[2016-10-27 15:58:43] wurstgelee : so why not remove those limits completely?
[2016-10-27 15:58:49] loba333 : BitMEX_Wally: So i can buy ZEC right now ?!
[2016-10-27 15:58:54] loba333 : can't*
[2016-10-27 15:59:18] uwotmate : join the queue at 0.522512
[2016-10-27 15:59:25] wurstgelee : BitMEX_Wally: the second its get listed on polo ofc. not now
[2016-10-27 15:59:40] wurstgelee : since u plan to adjust windows anyways ;)
[2016-10-27 15:59:46] uwotmate : why would anyone have a short position open on this now though, if it's hitting up against limit?
[2016-10-27 15:59:54] wurstgelee : uwotmate: that is my point
[2016-10-27 15:59:58] wurstgelee : exactly that
[2016-10-27 16:00:01] kay : If the price of zec opens at 120 btc will it get adjusted here. There will be no buyers for 120 btc .
[2016-10-27 16:00:05] aethlios : told you place a cap at 1, remove it 23 dec. since then spot will be stable. let it trade freely between 0 and 1.
[2016-10-27 16:00:20] wurstgelee : the likelyness of that szenario multiplied with polo listing confirmed for day 1
[2016-10-27 16:01:18] wurstgelee : if those limits get hit while spot trading is live...people will be angry. :/
[2016-10-27 16:01:48] gladimor : I'm in support of removing these limits
[2016-10-27 16:02:18] uwotmate : let's say there are no limits, what is the downside to this?
[2016-10-27 16:02:35] wurstgelee : BitMEX_Wally: i perfectly understand why u have these limits currently, but keeping them while ZEC is trading on polo will be a mistake. imo.
[2016-10-27 16:02:37] wurstgelee : //2 cents
[2016-10-27 16:02:38] gladimor : It makes trading the asset more risky as there are no protections against massive price swings
[2016-10-27 16:02:41] justinlooking : nasal daemons
[2016-10-27 16:03:05] gladimor : The reason we have the feature of "adding to margin" is to protect our position
[2016-10-27 16:03:18] gladimor : Putting these limits in essentially make "adding to margin" obsolete
[2016-10-27 16:03:22] wurstgelee : gladimor: yes, makes it more risky. but a future HAS to be able to follow spot price
[2016-10-27 16:03:24] wurstgelee : imo
[2016-10-27 16:03:30] wurstgelee : anything else is unacceptable
[2016-10-27 16:03:41] gladimor : That is right, we'll see tomorrow
[2016-10-27 16:03:53] gladimor : But for now, there should be no limit
[2016-10-27 16:04:16] gladimor : If a trader wants to lower risk on his position, than it is his or her job to add to margin or lower the leverage
[2016-10-27 16:04:18] wurstgelee : right now it is necessary. otherwise someone with deep pockets could easily liquidate everyone
[2016-10-27 16:04:20] BitMEX_Wally : If the spot price is liquid with a reasonable spread, then the future should be allowed to follow spot
[2016-10-27 16:04:55] BitMEX_Wally : We will make an announcement regarding limits soon
[2016-10-27 16:04:57] wurstgelee : BitMEX_Wally: you know spreads wont probaly anywhere near reasonable.
[2016-10-27 16:05:04] wurstgelee : and how to judge what is reasonable?
[2016-10-27 16:05:16] wurstgelee : *in the first hours
[2016-10-27 16:05:24] wurstgelee : ok, ill wait for the announcement
[2016-10-27 16:07:29] gladimor : ETA on announcement?
[2016-10-27 16:08:00] BitMEX_Sam : Very shortly
[2016-10-27 16:08:52] gladimor : Ok :)
[2016-10-27 16:24:08] BitMEX_Sam : Okay - here is the plan for ZEC limits:
[2016-10-27 16:24:41] BitMEX_Sam : Very shortly after the end of this session (20:00 UTC), the limits will spread from the current 25% on each side to 50% on each side.
[2016-10-27 16:25:22] BitMEX_Sam : Then, at 12:00 UTC tomorrow, which is very near to the expected first ZEC block, limits will be dropped. We will then announce marking, most likely on Polo, as soon as we have decided it is safe to do so.
[2016-10-27 16:28:26] BitMEX_Sam : I will be adding this information to an official announcement very shortly.
[2016-10-27 16:29:26] wurstgelee : BitMEX_Sam: wow
[2016-10-27 16:29:48] wurstgelee : i didnt expect this to work out like i want it to work out :p
[2016-10-27 16:30:03] wurstgelee : thanks =)
[2016-10-27 16:30:21] KingLISK : Terrible decision.
[2016-10-27 16:30:32] wurstgelee : go decision removing mark before first block.
[2016-10-27 16:30:38] wurstgelee : KingLISK: elaborate
[2016-10-27 16:31:27] wurstgelee : KingLISK: anything else would have resulted in bitmex futures not being able to follow the price at some point tomorrow
[2016-10-27 16:31:28] wurstgelee : most likely
[2016-10-27 16:32:04] wurstgelee : or at least not unlikely =)
[2016-10-27 16:35:20] rapidtrades : wtf.... 0.52?
[2016-10-27 16:35:33] rapidtrades : didn't this shit trade at 0.02 few weeks ago
[2016-10-27 16:35:38] wurstgelee : yes
[2016-10-27 16:35:47] rapidtrades : now it's at half a bitcoin? lol
[2016-10-27 16:35:52] wurstgelee : and i and some others said:parity, easily. you didnt believe
[2016-10-27 16:35:56] wurstgelee : noe we are here ;)
[2016-10-27 16:35:59] wurstgelee : *now
[2016-10-27 16:36:03] rapidtrades : we are not here
[2016-10-27 16:36:04] wurstgelee : and it launches tomorrow
[2016-10-27 16:36:15] wurstgelee : with polo listing confirmed on day 1
[2016-10-27 16:36:16] rapidtrades : perfect time to shit the bed
[2016-10-27 16:36:23] wurstgelee : and a supply of 200 ZEC after 2 days
[2016-10-27 16:36:33] wurstgelee : now think again
[2016-10-27 16:36:35] wurstgelee : =)
[2016-10-27 16:36:58] wurstgelee : go on, short it. bids are there
[2016-10-27 16:37:00] wurstgelee : :p
[2016-10-27 16:37:02] sebaas : So when would marking considered to be safe? first coupe of zec's could trade for 1-2 btc per zec
[2016-10-27 16:37:21] wurstgelee : sebaas: marking will follow spot anyways in the first hours
[2016-10-27 16:37:32] wurstgelee : not marking, trading price
[2016-10-27 16:37:52] wurstgelee : and since the limits will be removed until trading starts....
[2016-10-27 16:38:18] wurstgelee : not that important if marking to spot happens a little earlier or later
[2016-10-27 16:38:22] rapidtrades : sausage plz
[2016-10-27 16:38:34] sebaas : what's your abi wurst
[2016-10-27 16:38:47] wurstgelee : abi?
[2016-10-27 16:39:46] gladimor : Thanks for the announcement :)
[2016-10-27 16:40:01] rapidtrades : dollar rapin everything out there today
[2016-10-27 16:40:20] Sidwick : possible to buy zcash futures now?
[2016-10-27 16:43:11] rapidtrades : Yuan nearing 6.8
[2016-10-27 16:43:33] Sidwick : For a limit order of 10 zec @ 0.55 per, why is my cost 2.7775 xbt instead of 5.5 xbt?
[2016-10-27 16:44:04] sleger : half price today for ZEC
[2016-10-27 16:44:13] dasdfasdf : get it while its hot
[2016-10-27 16:44:18] dasdfasdf : or your using leverage
[2016-10-27 16:44:24] Sidwick : I dont want leverage
[2016-10-27 16:44:30] dasdfasdf : set it to CROSS
[2016-10-27 16:44:39] dasdfasdf : to use all margin balance
[2016-10-27 16:44:40] Sidwick : It is
[2016-10-27 16:44:58] rapidtrades : sleger: when are u coming back in short
[2016-10-27 16:45:10] chromaticcr1 : https://yunbi.com/markets/zeccny <-- have fun
[2016-10-27 16:45:10] sleger : rapidtrades: not sure
[2016-10-27 16:45:12] wurstgelee : he wont today
[2016-10-27 16:45:14] wurstgelee : i guess
[2016-10-27 16:45:17] wurstgelee : oh, there he is
[2016-10-27 16:45:19] wurstgelee : =)
[2016-10-27 16:45:31] sleger : i am not in short, too cold
[2016-10-27 16:45:36] wurstgelee : probably enough polo fomo for a better entry
[2016-10-27 16:45:42] Sidwick : I guess I need to set it to 1x
[2016-10-27 16:45:49] wurstgelee : now would be madness
[2016-10-27 16:45:58] wurstgelee : or idiocy
[2016-10-27 16:46:00] Sidwick : Not sure difference between Cross and 2x
[2016-10-27 16:46:18] wurstgelee : Sidwick: cross use your whole balance is margin, 1x not
[2016-10-27 16:46:22] wurstgelee : 2x
[2016-10-27 16:46:34] dasdfasdf : 2x wont use all margin balance
[2016-10-27 16:46:40] BitMEX_Sam : Sidwick: 2x reserves 1/2 of the value of the position for that position alone, and if it goes below the MM threshold you will be liquidated.
[2016-10-27 16:46:44] BitMEX_Sam : Cross will use all your available balance.
[2016-10-27 16:46:48] QuantFocus : average equity buyin was $15/token in the last round of zcash. this will dump precipitously when the supply comes online. just don't over leverage
[2016-10-27 16:47:02] Sidwick : I want zero leverage
[2016-10-27 16:47:07] wurstgelee : QuantFocus: yep. its all about catching the right moment for massive shorts :p
[2016-10-27 16:47:12] wurstgelee : Sidwick: then do 1x
[2016-10-27 16:47:14] Sidwick : Therefore I think I use 1x
[2016-10-27 16:47:17] wurstgelee : yep
[2016-10-27 16:51:05] wurstgelee : zec will move above .7 in 3h and 10 mins ;)
[2016-10-27 16:54:09] bas_ : any moderators here?
[2016-10-27 16:54:56] Sidwick : .7 btc/token = $475 usd/token That's 30x equity buy-in
[2016-10-27 16:55:07] wurstgelee : Sidwick: yes. ;)
[2016-10-27 16:55:27] zmoon : When does the daily movement limit reset?
[2016-10-27 16:55:30] BitMEX_Sam : bas_: Yes
[2016-10-27 16:55:37] wurstgelee : but to dump, equity would need coins. equity has none. doesnt matter for early pump ;)
[2016-10-27 16:55:38] BitMEX_Sam : zmoon: It's every 8 hours, will reset in 3h:05
[2016-10-27 16:57:15] Sidwick : Is it possible to lose money just by making a buy order that isn't met?
[2016-10-27 16:57:35] bas_ : I can't close a zec position
[2016-10-27 16:58:17] sleger : bas_: you've been zekt
[2016-10-27 16:58:36] Sidwick : ie. Limit order. 5 zec @ .7 xbt. 1x Cost = 3.5175 If that order isn't met, can I lose or can I just cancel it and get my xbt back?
[2016-10-27 16:59:07] wurstgelee : get back ofc
[2016-10-27 16:59:09] BitMEX_Sam : Sidwick: An open order requires margin to keep open until you cancel it
[2016-10-27 16:59:50] Sidwick : Doesn't 1x = no margin?
[2016-10-27 17:00:01] Rado : Bitfinex: New currency Zcash to be enabled on Friday, October 28th
[2016-10-27 17:00:36] Sidwick : I just want to make an order to pay a certain price for ZEC. If I get it, I get it. If not, then I want to be able to cancel my order.
[2016-10-27 17:00:50] wurstgelee : Rado: lol
[2016-10-27 17:00:51] wurstgelee : zcash to finex on day 1....
[2016-10-27 17:01:05] BitMEX_Sam : That's what you'll have. But you can't place an order about 0.522512 until the limit raises.
[2016-10-27 17:01:21] Rado : wurstgelee: yep
[2016-10-27 17:02:23] zen10 : How much volume can there actually be on day 1 of trading. how many come into existence that day?
[2016-10-27 17:03:38] bas_ : So it's not possible to get out of a long or short right now on zec?
[2016-10-27 17:04:59] BitMEX_Greg : Yes, you can still place orders @bas_
[2016-10-27 17:05:12] Sidwick : I think 24 x 6.25 = total coins after 24 hours
[2016-10-27 17:05:50] BitMEX_Greg : you just can't buy or sell above the limit price
[2016-10-27 17:06:19] Sidwick : Is there any way to place an order now that will essentially guarantee me a futures purchase in 3 hours?
[2016-10-27 17:06:38] sleger : no
[2016-10-27 17:06:41] RocketScience : https://www.dailyfx.com/usd-cnh
[2016-10-27 17:06:48] Smartass : BitMEX_Greg: Is this an error or accurate:Oct 17 (Today), 20:00 UTC: Limits will widen from 25% per side to 50% per side. Oct 18, 12:00 UTC: Limits will be removed entirely.
[2016-10-27 17:06:55] BitMEX_Greg : Could do a stop order
[2016-10-27 17:07:15] Smartass : should this be 27/Oct and 28th or is this 10 days old
[2016-10-27 17:07:28] Smartass : that is the anouncemnt on your website
[2016-10-27 17:08:01] BitMEX_Sam : Apolgoies, that is a typo
[2016-10-27 17:08:17] BitMEX_Sam : As was that. Fixing it now.
[2016-10-27 17:08:18] Smartass : so tonight limit will be raised to 50% on 22:00h? right?
[2016-10-27 17:08:29] sleger : BitMEX_Sam: also that is contradictory with what was said earlier, it says that the limits are removed before marking to index ?
[2016-10-27 17:08:40] sleger : Which means it will be wide open for manipulation ?
[2016-10-27 17:08:48] Smartass : o.k. no prob...
[2016-10-27 17:09:27] bernx : Why I can't buy zcash?
[2016-10-27 17:09:39] wurstgelee : sleger: yes. but it has to be without limits imo. what if futures here cant follow spot because spot price out of limits?
[2016-10-27 17:09:47] wurstgelee : thats even worse
[2016-10-27 17:10:13] wurstgelee : and with both finex and polo confirmed listing on day 1...thats more than likely imo
[2016-10-27 17:10:16] BitMEX_Greg : bernx: Limit up hit
[2016-10-27 17:10:18] sleger : maybe, maybe not
[2016-10-27 17:10:29] wurstgelee : yeah, but we agree that its not too unlikely?
[2016-10-27 17:10:35] wurstgelee : given all that fomo and hype?
[2016-10-27 17:11:54] wurstgelee : i know it's somewhat against your inner self to agree with people in the trollbox...but you cant possibly not agree ;)
[2016-10-27 17:11:58] RocketScience : So zec will jump to 0.75 if it's 50% wide
[2016-10-27 17:12:04] wurstgelee : RocketScience: that
[2016-10-27 17:12:21] wurstgelee : in exactly 2h and 48min ;)
[2016-10-27 17:12:41] RocketScience : a giant 63 zec wall is waiting for black friday to rush shopping
[2016-10-27 17:13:12] RocketScience : shorts can't buy?
[2016-10-27 17:13:22] Sidwick : I still dont understand cross vs 1x vs 2x
[2016-10-27 17:13:36] Sidwick : 1x = no risk?
[2016-10-27 17:13:49] RocketScience : 1x is no risk long
[2016-10-27 17:14:51] RocketScience : usd/cny over 6.8 soon. This is bitcointastic
[2016-10-27 17:19:40] zen10 : RocketScience: nice. I love it when 1billion people don't like their own currency.
[2016-10-27 17:21:47] BitMEX_Greg : Sidwick: Please read here: https://www.bitmex.com/app/isolatedMargin
[2016-10-27 17:23:31] BitMEX_Greg : Sidwick: 1x isolates your margin. Cross margin will use any available margin to cover a position.
[2016-10-27 17:24:34] emh : I mistakenly sold a cash contract and currently holds -1. I was going to buy 1. How do "sell" the short?
[2016-10-27 17:24:54] emh : zcash
[2016-10-27 17:25:02] BitMEX_Sam : Buy 1 to get to 0, buy another 1 to get to +1
[2016-10-27 17:25:05] wurstgelee : you cant currently
[2016-10-27 17:25:08] wurstgelee : BitMEX_Sam: he cant
[2016-10-27 17:25:14] BitMEX_Sam : True, not until the limit lifts.
[2016-10-27 17:25:15] wurstgelee : no ask below upper limit
[2016-10-27 17:25:26] emh : Which limit is that?
[2016-10-27 17:25:27] wurstgelee : and then it will be a race to the next upper limit 8)
[2016-10-27 17:25:43] Sidwick : I dont want any margin.
[2016-10-27 17:26:04] BitMEX_Greg : emh: Best thing right now is to place a buy limit order at 0.522512 and hope that someone sells into you
[2016-10-27 17:26:27] wurstgelee : BitMEX_Greg: he would have to queue behind the others stacked in that order tho...
[2016-10-27 17:26:32] wurstgelee : ;)
[2016-10-27 17:26:32] BitMEX_Greg : Sidwick: If you are short then you may want to add a few extra bitcoins to your position.
[2016-10-27 17:26:41] BitMEX_Greg : wurstgelee: Yup, first come first served
[2016-10-27 17:26:50] Sidwick : Seems 49 stacked
[2016-10-27 17:26:53] wurstgelee : lol. yep :D
[2016-10-27 17:27:21] wurstgelee : either add margin...or..tbh..maybe consider that short as lost in current situation
[2016-10-27 17:27:22] BitMEX_Greg : Although its being hit quite a bit over the past 2 hours
[2016-10-27 17:27:28] wurstgelee : let it get margin called on 2x
[2016-10-27 17:27:36] Sidwick : I'll just put a limit order for .522512 +25% in in 2.5 hours
[2016-10-27 17:27:37] wurstgelee : cheapest way to get out
[2016-10-27 17:27:54] wurstgelee : Sidwick: limits will be raised 50%
[2016-10-27 17:28:25] wurstgelee : and if u want to buy that - if orders dont get stacked again which would make this also impossible - you should bett let it get margin called on 2x
[2016-10-27 17:28:33] BitMEX_Greg : approx 70 trades at 0.522512
[2016-10-27 17:28:39] sebaas : you could set a stop market right?
[2016-10-27 17:28:49] wurstgelee : its set atm
[2016-10-27 17:28:51] Sidwick : Wurstgelee: so you're saying in 2.5 hours the price is likely to be .78?
[2016-10-27 17:29:06] wurstgelee : Sidwick: some people think that
[2016-10-27 17:29:11] wurstgelee : others maybe dont
[2016-10-27 17:29:19] emh : would it be better to put the buy limit a bit higher to increase likelihood of sale, BitMEX_Greg?
[2016-10-27 17:29:20] wurstgelee : up to u to decide and act on that decision
[2016-10-27 17:29:21] wurstgelee : ;)
[2016-10-27 17:29:23] Sidwick : I thought still 25%
[2016-10-27 17:29:34] wurstgelee : Sidwick: read the latest announcement
[2016-10-27 17:30:02] Sidwick : emh: I think if you put it over the max price no sellers will be able to sell you that high
[2016-10-27 17:30:28] wurstgelee : Sidwick: if u come to the conclusion that it will probably jump up to the next upper limit, u should let the -1 get margin called on 2x
[2016-10-27 17:30:32] wurstgelee : =)
[2016-10-27 17:31:26] wurstgelee : you can still try to close cheaper of course...but that way you prevent still being stuck in it of orders immedately stack again up there
[2016-10-27 17:31:38] wurstgelee : *if
[2016-10-27 17:31:54] wurstgelee : //~3 cents
[2016-10-27 17:32:03] Sidwick : I don't have a -1
[2016-10-27 17:32:05] Sidwick : That was someone else
[2016-10-27 17:32:13] wurstgelee : oh...whoever that was..he should do that :p
[2016-10-27 17:32:36] Sidwick : But I can't place orders above .522512 right now anyway
[2016-10-27 17:32:44] Sidwick : I'll just have to wait 2.5 hours be quick to place it then
[2016-10-27 17:33:34] Bacon futures trader : At what time does the Zcash contract start to trade again?
[2016-10-27 17:33:52] BitMEX_Greg : Bacon futures trader: It's trading right now
[2016-10-27 17:34:26] RocketScience : everyone want to buy at the top of allowed price corridor
[2016-10-27 17:34:30] Bacon futures trader : O, I thought there was a limit up atm
[2016-10-27 17:34:31] RocketScience : and no one is selling
[2016-10-27 17:34:36] zen10 : Bacon futures trader: you can sell zec contracts now, or buy in 2.5 hours when the upper limit is lifted.
[2016-10-27 17:34:43] wurstgelee : 2h 26 mins from now
[2016-10-27 17:34:50] wurstgelee : limit +50%
[2016-10-27 17:34:55] wurstgelee : if orders stay there
[2016-10-27 17:35:01] Bacon futures trader : Ok, thanks guys
[2016-10-27 17:35:46] Sidwick : 2.5 hours from now should be enough time for my deposit to confirm
[2016-10-27 17:35:57] zen10 : someone should sell some contracts before i fall asleep from boredom
[2016-10-27 17:36:02] NL007 : i wouldnt be suprised if buyers push zec over 1btc
[2016-10-27 17:36:21] wurstgelee : anything lower would be a surprise
[2016-10-27 17:36:25] NL007 : first days supply is ultra low
[2016-10-27 17:36:25] zen10 : NL007: before the genesis block?
[2016-10-27 17:36:36] wurstgelee : it will trade on polo and finex while the total supply is <100 ZEC
[2016-10-27 17:36:42] wurstgelee : how can it possibly stay below 1btc?
[2016-10-27 17:37:19] NL007 : https://forum.z.cash/t/buy-or-sell-zcash/1511/35
[2016-10-27 17:37:32] NL007 : supply first days
[2016-10-27 17:37:57] NL007 : if this is accurate
[2016-10-27 17:38:21] wurstgelee : looks that way
[2016-10-27 17:38:55] wurstgelee : so day one....
[2016-10-27 17:38:57] wurstgelee : =)
[2016-10-27 17:39:07] wurstgelee : 83.something after 24h
[2016-10-27 17:39:09] Smartass : Hi guys is it not possible to enter a LIMIT Order above 0.522512? Or why does Orderbook only show Orders till that price Where can i see the full orderbook
[2016-10-27 17:39:17] wurstgelee : Smartass: currently not
[2016-10-27 17:39:23] BitMEX_Greg : Smartass: Limit up
[2016-10-27 17:39:33] wurstgelee : limit will move +/- 50% in 2h and 21 mins
[2016-10-27 17:39:55] wurstgelee : someone should make a counter how many people ask that question in the next 2:21
[2016-10-27 17:40:05] Smartass : wurstgelee: @BitMEX_Greg so till in 2h I can not type in an order above 0.52.... not as hidden or iceberg or what...
[2016-10-27 17:40:14] wurstgelee : yes
[2016-10-27 17:40:16] Smartass : whatever
[2016-10-27 17:40:24] Smartass : wurstgelee: ah ok...
[2016-10-27 17:40:26] Smartass : i see
[2016-10-27 17:40:38] wurstgelee : see u back at the race in 2:20h ;)
[2016-10-27 17:40:43] NL007 : Trying to figure many things here
[2016-10-27 17:40:50] BitMEX_Greg : Smartass: Once the limit has been removed, you can place orders up to the new limit
[2016-10-27 17:40:52] Smartass : haha it will be a race really man..
[2016-10-27 17:40:59] NL007 : played with margin polo
[2016-10-27 17:41:16] NL007 : but this is new for me
[2016-10-27 17:42:37] zen10 : yay, someone sold some zec contracts. whoop!
[2016-10-27 17:43:00] Smartass : BitMEX_Greg: thx for clarifying..
[2016-10-27 17:43:23] BitMEX_Greg : np
[2016-10-27 17:44:03] NL007 : waiting for some btc to come in
[2016-10-27 17:45:27] wurstgelee : everyone hammering buy at the same time....thats what is gonna happen ;)
[2016-10-27 17:45:28] wurstgelee : lol
[2016-10-27 17:45:29] zen10 : NL007: confirmations are slow today
[2016-10-27 17:46:02] NL007 : ok
[2016-10-27 17:46:24] zen10 : BitMEX_Greg: do we already know what the new limit will be? 50% higher than which number (last sale)?
[2016-10-27 17:46:57] BitMEX_Greg : zen10: Yes 50% higher than the last trade at the end of this limit up period
[2016-10-27 17:47:09] zen10 : cool
[2016-10-27 17:48:07] Ultrahoschie : what mean "inverse contract" for xbtz16?
[2016-10-27 17:48:38] BitMEX_Greg : Ultrahoschie: an inverse contract means that the contract value is 1/price
[2016-10-27 17:50:23] zen10 : 684812
[2016-10-27 17:52:07] lockhedge : Ultrahoschie: it also means that shorting an inverse contract (e.g. hedging) is less risky than going long. limited downside risk for shorts, unlimited downside risk for longs
[2016-10-27 17:52:53] Ultrahoschie : ok ... thx
[2016-10-27 17:53:35] SpacePirate : Anywhere I can enable a dark mode
[2016-10-27 17:53:50] BitMEX_Greg : SpacePirate: click under your username top right
[2016-10-27 17:54:10] SpacePirate : got it
[2016-10-27 17:54:28] konjialulu : 有人懂中文吗
[2016-10-27 17:57:19] chromaticcr1 : 有的，怎麼了
[2016-10-27 17:58:58] chromaticcr1 : 這麼夜還不睡傷身啊～ 睡飽再炒幣了。BitMEX有微信群的，那邊應該多一點志同道合的，可以看看這裡： https://www.bitmex.com/app/support
[2016-10-27 18:05:48] Chimpindeed : BitMEX_Greg: So since market moved again the .522512 is old news?
[2016-10-27 18:07:15] zen10 : 1 more zec sold. Keep it going profit takers.
[2016-10-27 18:08:07] zen10 : stop being greedy and take your profits so can get our greedy on.
[2016-10-27 18:09:59] BitMEX_Greg : Chimpindeed: Not sure what you mean
[2016-10-27 18:13:03] Chimpindeed : You were saying to put a limit order there and the price has moved up.... Im not understanding the price you suggested for a limit order now when the market is at .5937
[2016-10-27 18:14:25] NL007 : market hasnt moved
[2016-10-27 18:14:51] NL007 : still 0.522512
[2016-10-27 18:20:51] wilan1409 : BitMEX_Greg: hi
[2016-10-27 18:23:03] wilan1409 : anybody?
[2016-10-27 18:27:03] BitMEX_Sam : wilan1409: I'm here, what's up?
[2016-10-27 18:28:04] Sidwick : I just put in a market buy order. why don't i see the contract anywhere?
[2016-10-27 18:28:42] wilan1409 : BitMEX_Sam: how to buy my short contracts partly?not all of them.
[2016-10-27 18:31:03] Chimpindeed : BitMEX_Greg: Brain fart I was on Bitfinex token apologies
[2016-10-27 18:31:23] wurstgelee : wilan1409: u want to close half of your short?
[2016-10-27 18:31:29] Sidwick : BitMex keeps cancelling my market orders
[2016-10-27 18:31:32] wurstgelee : buy half amount then
[2016-10-27 18:31:42] wurstgelee : Sidwick: out of bounds
[2016-10-27 18:31:50] Sidwick : says had Timeinforce of immediate or cancel
[2016-10-27 18:31:54] wurstgelee : ZEC order above the buywall?
[2016-10-27 18:31:55] Sidwick : what do you mean out of bounds?
[2016-10-27 18:31:58] wurstgelee : oh ok
[2016-10-27 18:32:49] wurstgelee : Sidwick: do u have Post-only ticked or something?
[2016-10-27 18:32:59] wurstgelee : which order type?
[2016-10-27 18:33:03] wurstgelee : limit?
[2016-10-27 18:33:14] BitMEX_Greg : Sidwick: again mate, limit up.. you can't place orders above over the limit up price
[2016-10-27 18:33:22] wurstgelee : oh ok..still same question...
[2016-10-27 18:33:33] wurstgelee : he already asked that...thats why i thought it has to be sth different
[2016-10-27 18:34:39] wurstgelee : U CANT PLACE BUY ORDERS ABOVE .522512 @ ZEC FOR ANOTHER 1H AND 26MINS
[2016-10-27 18:34:53] wurstgelee : :D
[2016-10-27 18:35:00] Sidwick : how is a market order above anything?
[2016-10-27 18:35:08] wurstgelee : higher price?
[2016-10-27 18:35:21] wurstgelee : lol....the market order could only executed against the lowest ask, right?
[2016-10-27 18:35:25] Sidwick : I guess because it's the lowest sell price
[2016-10-27 18:35:30] wurstgelee : yep :)
[2016-10-27 18:35:37] Sidwick : (y)
[2016-10-27 18:35:40] BitMEX_Greg : Sidwick: a market order just sweeps the book
[2016-10-27 18:35:47] Sidwick : that's the thumbs up in facebook
[2016-10-27 18:35:52] wilan1409 : suppose the value of my positions(short) are 2 ZEC,now I want to buy 1 ZEC ,how to do that?
[2016-10-27 18:35:58] BitMEX_Greg : Sidwick: since there is no orders available below limit up, you are unable to place the order
[2016-10-27 18:36:05] wurstgelee : wilan1409:
[2016-10-27 18:36:11] wurstgelee : U CANT PLACE BUY ORDERS ABOVE .522512 @ ZEC FOR ANOTHER 1H AND 26MINS
[2016-10-27 18:36:14] wurstgelee : ;)
[2016-10-27 18:36:27] wurstgelee : 24 mins now tho
[2016-10-27 18:36:42] BitMEX_Greg : wilan1409: You can place a limit buy at 0.552512 in the hopes it gets filled, otherwise you cannot buy above this price given the price limits we have in place
[2016-10-27 18:37:10] wurstgelee : *for anothre 1h and 24 mins because thats when upper and lower limit get adjusted
[2016-10-27 18:37:17] wurstgelee : to make it complete
[2016-10-27 18:37:20] Sidwick : Did limit. How to tell where I am in the queue?
[2016-10-27 18:37:22] BitMEX_Greg : thanks @wurstgelee
[2016-10-27 18:37:31] BitMEX_Greg : Sidwick: if you just placed it then you are the bottom
[2016-10-27 18:37:49] Sidwick : Yes, I know that. But where does it show?
[2016-10-27 18:37:56] wurstgelee : u cant see current qeue position afaik?
[2016-10-27 18:38:04] BitMEX_Greg : Sidwick: No exchanges publishes your position in a queue in an orderbook
[2016-10-27 18:38:17] Sidwick : Ok. So I know I'm 70 of 70 now
[2016-10-27 18:38:23] BitMEX_Greg : probably
[2016-10-27 18:38:33] Sidwick : And if greater than 70 orders I'll probably be 70 or lower
[2016-10-27 18:38:53] wilan1409 : BitMEX_Greg: I dont know how to change the size of an order
[2016-10-27 18:39:51] RocketScience : ghost in the wires, give us bitcoin
[2016-10-27 18:40:10] wurstgelee : RocketScience: i hope u attached enough fees
[2016-10-27 18:40:12] wurstgelee : ;)
[2016-10-27 18:40:31] wurstgelee : blocks are crowded atm....btc is pumping
[2016-10-27 18:40:33] RocketScience : i got my btc in 4 minutes from bittrex
[2016-10-27 18:40:37] RocketScience : today was a lucky day
[2016-10-27 18:40:51] RocketScience : dodged a second aurora coin dump and sent my money here
[2016-10-27 18:41:05] wurstgelee : indeed. had one transaction that took 10 h yesterday
[2016-10-27 18:41:10] wurstgelee : with usual fees
[2016-10-27 18:41:17] wurstgelee : also from bittrex
[2016-10-27 18:41:18] RocketScience : Backlog is smaller today
[2016-10-27 18:41:26] wurstgelee : ok, then thats why
[2016-10-27 18:42:24] RocketScience : are you watching bitcoin wisdom? chinese exchanges are playing around 4700
[2016-10-27 18:42:38] wilan1409 : who can tell me how to close my position partly?
[2016-10-27 18:43:01] RocketScience : if you are long sell some / vice versa
[2016-10-27 18:44:23] BitMEX_Greg : wilan1409: You cannot place buy orders above the limit up price in ZECZ16 right now
[2016-10-27 18:44:30] RocketScience : you can go directly from long to short by selling more than you bought
[2016-10-27 18:44:38] BitMEX_Greg : you will need to wait until the limit up period has expired in about 1 hour and 15 minutes. @wilan1409
[2016-10-27 18:44:42] RocketScience : ah, it's about zec
[2016-10-27 18:45:06] RocketScience : i am watching that show from the sidelines
[2016-10-27 18:47:52] wilan1409 : RocketScience: I get it,thx
[2016-10-27 18:50:21] wurstgelee : see u at the race later
[2016-10-27 18:50:22] wurstgelee : :p
[2016-10-27 18:51:15] martinium : BitMEX_Greg: trollbox says number of Bots on left side. Does that refer to tradingbots?
[2016-10-27 18:52:17] j8 : marking ZEC to spot on day one, with no limits? i dunno why you would do that. the number of coins mined will be a small fraction of the open interest. (i don't have a position just commenting)
[2016-10-27 18:52:21] sleger : no it refers to cooking bots @martinium
[2016-10-27 18:52:52] sleger : j8: maximize commi... huh volume
[2016-10-27 18:53:15] j8 : maximal wreckage
[2016-10-27 18:53:36] martinium : sleger: hope there are some pasta bots in there
[2016-10-27 18:53:40] martinium : :-p
[2016-10-27 18:54:01] Trump : yo man
[2016-10-27 18:54:14] martinium : Trump: Murica!!!
[2016-10-27 18:54:18] BitMEX_Greg : martinium: Yes
[2016-10-27 18:54:23] sleger : i wanna be long too like the other cool kids, im going to buy as much as possible at 20:00 and 2 microseconds
[2016-10-27 18:54:24] Trump : I wanna eat all those ZEC and cannot buy them!
[2016-10-27 18:54:33] BitMEX_Greg : martinium: those users using an API to connect\
[2016-10-27 18:54:49] martinium : BitMEX_Greg: cool, nic e to know.
[2016-10-27 18:55:17] RocketScience : Trump has built a 86 zec buywall
[2016-10-27 18:55:59] j8 : and monero will pay for it
[2016-10-27 18:56:06] sleger : lol
[2016-10-27 18:57:07] Trump : those monerexicans will pay that wall. We're gonna make anon great again, with the true anon people!!
[2016-10-27 18:57:57] Trump : good americans prefer ZEC, join the ZECtrain you won't be dissapointed!!
[2016-10-27 18:58:55] gladimor : What time does the limit reset for ZEC?
[2016-10-27 18:59:37] BitMEX_Greg : gladimor: in about 1 hour
[2016-10-27 19:00:15] gladimor : Alright, thank you.
[2016-10-27 19:01:42] Trump : Why limits man? This country deserves to grow moar and moooar!! Clinton's policy wants us to be little and little. Vote for tump and buy ZEC, you wont' be dissapointed!
[2016-10-27 19:06:36] Kalman : Trump: " Vote for tump" ?! rofl
[2016-10-27 19:07:17] zen10 : Trump: got any tic tacs? i might have to make out with my zec contracts
[2016-10-27 19:07:54] zanza : is that real Trump?
[2016-10-27 19:08:32] Tetsuo : wtf is happening here, where do u all come from? thx @ bitmex for bringin all the shitcoinkids in here
[2016-10-27 19:09:00] wurstgelee : Tetsuo: lol :D
[2016-10-27 19:09:28] wurstgelee : that happens if youre the only place where u can trade the current hype :p
[2016-10-27 19:09:28] NL007 : :)
[2016-10-27 19:10:23] Tetsuo : they should create a trollbox limit of at least 100 posts, otherwise no participation