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 20:30:46] Tetsuo : ths sky is the limit, that´s what my mother told me
[2016-10-27 20:30:47] Gemz : it tricks people zec is super rare and will skyrocket to 10 btc
[2016-10-27 20:30:58] BitMEX_Greg : Sidwick: So that someone doesn't come in and sell everything down to 0 and liquidate everyone
[2016-10-27 20:31:17] j8 : until tomorrow
[2016-10-27 20:31:38] poes : The market cap at this price would be 25,6875,000.00 @ december 30th looooooooollllll
[2016-10-27 20:31:45] Sidwick : risk people run if they are trading on margin
[2016-10-27 20:31:47] wurstgelee : lets play a game. guess how long a user is in crypto after his first sentence here. ;)
[2016-10-27 20:31:48] Sidwick : why i dont do it
[2016-10-27 20:31:56] wignodeer : wurstgelee: its me w
[2016-10-27 20:32:01] Tetsuo : altpump whales will build a 10 BTC floor, that´s what i heard in IRC
[2016-10-27 20:32:06] wurstgelee : wignodeer: ge w
[2016-10-27 20:32:12] Gemz : BitMEX_Greg: people could get liquidated hard when the limit lift happens that not good either]
[2016-10-27 20:32:20] wignodeer : wurstgelee: gd w
[2016-10-27 20:32:27] uwotmate : I heard on irc they gonna gpu mine it and dump it down to 0.1 immediately after launch tomorrow
[2016-10-27 20:32:48] Tetsuo : 0.1 wouldn´t be a dump
[2016-10-27 20:32:51] sleger : uwotmate: stop stealing other people s jokes, make up your own
[2016-10-27 20:32:52] habibi : BitMEX_Greg: could u ban uwotmate ? polo level incoming ffs
[2016-10-27 20:32:58] RocketScience : all people calculating marketcap at dec 30 underestimate the fomo and low supply in first month
[2016-10-27 20:33:01] gladimor : @poes, 2M?
[2016-10-27 20:33:04] NL007 : uwotmate: is not possible for days
[2016-10-27 20:33:18] uwotmate : do you guys have buy orders here?
[2016-10-27 20:33:26] CaptainDean : sleger: I miss all the stupid chat
[2016-10-27 20:33:29] Gemz : is the next limit also 50%?
[2016-10-27 20:33:30] habibi : uwotmate: we have calculators u idiot
[2016-10-27 20:33:32] NL007 : only few 100 coins can be mined first days
[2016-10-27 20:33:39] Sidwick : only 19 buy orders
[2016-10-27 20:33:41] Sidwick : at full price
[2016-10-27 20:33:42] CaptainDean : sleger: "stupid"
[2016-10-27 20:33:47] Sidwick : and 41 lol orders
[2016-10-27 20:33:54] Gemz : how many % is the next limit?
[2016-10-27 20:34:02] BitMEX_Greg : Gemz: 50%
[2016-10-27 20:34:07] Apocalyptic : do all bitmex futures settle in cash ?
[2016-10-27 20:34:15] BitMEX_Greg : Apocalyptic: They all settle in Bitcoin
[2016-10-27 20:34:20] sleger : you have to go to counter in hk to get your cash yes
[2016-10-27 20:34:37] sebaas : was the queue of trades that big that it instantly market order to next cap?
[2016-10-27 20:34:37] uwotmate : no, they mail it to you
[2016-10-27 20:34:45] sebaas : ordered*
[2016-10-27 20:34:54] dasdfasdf : sebaas: not instant
[2016-10-27 20:34:57] dasdfasdf : took a minute
[2016-10-27 20:34:57] sleger : we need a trollbox for users registered prior to october 1st 2016
[2016-10-27 20:35:01] gladimor : sebaas, it took around a minute to reach the cap
[2016-10-27 20:35:05] sebaas : wtf
[2016-10-27 20:35:30] Rado : sleger: lol
[2016-10-27 20:35:32] dasdfasdf : Once zcash launches elsewhere, they wont be here
[2016-10-27 20:35:39] Sidwick : Is zcash hardforkable?
[2016-10-27 20:35:41] Tetsuo : sebaas: that´s how professional traders in here work, how can i help u?
[2016-10-27 20:35:49] NL007 : sleger: maybe a 0.1btc fund limit for chat
[2016-10-27 20:36:04] Tetsuo : fools have money nowadays
[2016-10-27 20:36:09] Rado : we can have more than one IRC channel by the way
[2016-10-27 20:36:10] Tetsuo : thanks to the cetral bank
[2016-10-27 20:36:10] sebaas : i set a limit at 78 with trigger price of 0.0001 above the previous cap
[2016-10-27 20:36:12] Gemz : I think the pumpin is done by some large miner/cloud miner
[2016-10-27 20:36:14] Rado : I can create one if you want
[2016-10-27 20:36:17] NL007 : Tetsuo: lol
[2016-10-27 20:36:34] sebaas : how did that not fill if all asks weren't eaten immediately?
[2016-10-27 20:36:44] Kahir : zec 2 btc today
[2016-10-27 20:36:45] habibi : ok, contest for new users: First to write "f()ck"correctly in chat will get 0.1 btc from me
[2016-10-27 20:36:52] Tetsuo : Nuclear War NOW!
[2016-10-27 20:37:37] Tetsuo : it worked
[2016-10-27 20:37:50] NL007 : habibi: FUK...lol
[2016-10-27 20:38:17] Smartass : habibi: fuck fuck fuck is my song of the evening
[2016-10-27 20:38:34] Smartass : haha there is no fuuck
[2016-10-27 20:38:40] Smartass : that one can write
[2016-10-27 20:38:59] sleger : let me try
[2016-10-27 20:39:00] sleger : fuck
[2016-10-27 20:39:09] sleger : ahahahah soooooo funny
[2016-10-27 20:39:16] sleger : so 2015
[2016-10-27 20:39:25] j8 : fück
[2016-10-27 20:39:29] Tetsuo : u solved the riddle, the pric will be that ur will be the first in line who can buy zec @ the next round
[2016-10-27 20:40:02] wurstgelee : habibi: f()ck
[2016-10-27 20:40:04] wurstgelee : i win
[2016-10-27 20:40:07] wurstgelee : ;)
[2016-10-27 20:40:12] RocketScience : ƒuck
[2016-10-27 20:40:15] RocketScience : oops
[2016-10-27 20:40:47] Gemz : BitMEX_Greg: at what time in utc are limit ups lifted? 4:00, 12:00 and?
[2016-10-27 20:40:54] BitMEX_Greg : 20:00
[2016-10-27 20:40:57] BitMEX_Greg : every 8 hours
[2016-10-27 20:40:58] wurstgelee : Gemz: each 8h
[2016-10-27 20:41:16] Tetsuo : people in the east are the lucky ones
[2016-10-27 20:42:10] wurstgelee : define east
[2016-10-27 20:42:34] Kahir : 2 btc zec today ?
[2016-10-27 20:42:36] Tetsuo : east of logic
[2016-10-27 20:42:56] Kahir : where are you habibi
[2016-10-27 20:42:56] Gemz : Kahir: cant dude it can only go up 50%
[2016-10-27 20:43:18] wurstgelee : Gemz: it could within 24 h from now tho
[2016-10-27 20:43:19] Kahir : why not gemz
[2016-10-27 20:43:23] Tetsuo : Kahir: ur a cheapskate, after the limit is lifted 10 BTC will be the price floor, fontas pumping i heard
[2016-10-27 20:43:24] wurstgelee : limits will be lifted then
[2016-10-27 20:43:47] wurstgelee : Tetsuo: i would even let u look at my ZEC for just 10 btc
[2016-10-27 20:43:53] wurstgelee : *wouldnt
[2016-10-27 20:43:53] Kahir : bitmex need to remove those limits and let baby fly free
[2016-10-27 20:44:02] Tetsuo : wurstgelee: : - (
[2016-10-27 20:44:06] sebaas : how big will it go? parity? 2:1, 5:1, 10:1? Hot potatoe will end at one point no
[2016-10-27 20:44:06] wurstgelee : Kahir: read latest announcement
[2016-10-27 20:44:29] Gemz : there is not enough zec for sell, how are the 100+ contract gonna get 1
[2016-10-27 20:44:42] wurstgelee : if noone sells, noone can buy
[2016-10-27 20:44:46] wurstgelee : thats not gonna happen tho
[2016-10-27 20:44:50] Kahir : Oct 28, 12:00 UTC: Limits will be removed entirely. Oct 28, After Launch: As soon as the BitMEX team has determined it is safe to do so, we will mark ZECZ16 to the most liquid ZEC spot exchange. Further details will depend on trading behavior after launch.
[2016-10-27 20:44:52] Kahir : i see
[2016-10-27 20:44:58] wurstgelee : not selling below limit: yes...right now
[2016-10-27 20:44:58] Kahir : so it will be linked to polo
[2016-10-27 20:45:04] wurstgelee : not selling without limits? nooooo
[2016-10-27 20:45:09] Kahir : with no limit
[2016-10-27 20:45:10] Kahir : bamm
[2016-10-27 20:45:10] Tetsuo : whis doeas that mean?
[2016-10-27 20:45:20] wurstgelee : whis?
[2016-10-27 20:45:23] Tetsuo : are we all goin to die?
[2016-10-27 20:45:24] sleger : whis
[2016-10-27 20:45:42] Tetsuo : damn
[2016-10-27 20:45:47] wurstgelee : whis is zec?
[2016-10-27 20:45:54] Tetsuo : god
[2016-10-27 20:45:59] uwotmate : zcrash
[2016-10-27 20:48:12] NL007 : uwotmate: it will be soon
[2016-10-27 20:49:08] wurstgelee : it will rain
[2016-10-27 20:50:08] martinium : rain tears of rekt for all the shorts shorting zec too damn early
[2016-10-27 20:50:40] Gemz : best time to sell zec at that wall
[2016-10-27 20:51:24] Gemz : i ll wait one more pump to and will sell a couple hundred contracts
[2016-10-27 20:52:21] Gemz : in my dreams ofc
[2016-10-27 20:53:25] wurstgelee : https://twitter.com/loomdart/status/791736429923667968
[2016-10-27 20:53:35] wurstgelee : every heard of yolobit ROM? ;)
[2016-10-27 20:57:13] XZC COIN : Why is it when I buy a long zec contract it automatically cancel my order
[2016-10-27 20:57:34] uwotmate : da limit
[2016-10-27 20:57:44] sleger : when does it reset ?
[2016-10-27 20:58:12] NL007 : wurstgelee: those ROMs ended bad
[2016-10-27 20:58:35] dasdfasdf : sleger: yeah but why cant i buy
[2016-10-27 20:58:46] uwotmate : dat limit doe
[2016-10-27 20:59:49] XZC COIN : what do you mean limit
[2016-10-27 21:00:41] uwotmate : https://blog.bitmex.com/site_announcement/preparation-for-zcash-launch-limit-notice/
[2016-10-27 21:02:14] Bacon futures trader : How are those 40 contracts going to get liquidated
[2016-10-27 21:02:32] Bacon futures trader : because there are like only 50 offers lol
[2016-10-27 21:02:37] Tetsuo : i guess futures of soon to be released coins will become new standard for the shitcoin industry, congrats to bitmex
[2016-10-27 21:03:58] Tetsuo : what´s next in the pipeline? Tetsuocoin could be hot, awesome dev and great community
[2016-10-27 21:06:50] uwotmate : I wonder if those 37 contract liquidations are first in line to knock out all 19 sell orders
[2016-10-27 21:06:55] XZC COIN : So no one can buy anymore zec contract due to limit?
[2016-10-27 21:07:15] Tetsuo : green usernames are first in line
[2016-10-27 21:07:16] lord : yea, like the last 10 times ...
[2016-10-27 21:07:26] uwotmate : might be pointless to even have any money on here at this point if the liquidations will be eating all the sell orders
[2016-10-27 21:07:41] uwotmate : might as well send BTC to be ready on polo
[2016-10-27 21:07:50] Tetsuo : plz go
[2016-10-27 21:08:22] rapidtrades : if we're at limit up, why don't u idiots sell
[2016-10-27 21:09:49] Tetsuo : sellin at the bottom is for fools
[2016-10-27 21:10:47] Tetsuo : i hope they all leave after they get liquidated
[2016-10-27 21:11:16] QuantFocus : @BitMEX_Sam: you guys should be increasing leverage on ZEC since you're removing the limits. way too easy to manipulate the book right now
[2016-10-27 21:11:23] rapidtrades : Tetsuo: how do u know it's a bottom dumbo
[2016-10-27 21:11:56] Tetsuo : it was a joke u goddamn fool
[2016-10-27 21:12:34] rapidtrades : u can't say fool twice, nitwit
[2016-10-27 21:12:38] Tetsuo : QuantFocus: 20x will be active in 8 hours
[2016-10-27 21:12:53] QuantFocus : Tetsuo: where do you see that?
[2016-10-27 21:13:03] Tetsuo : mod told me in IRC
[2016-10-27 21:13:12] Tetsuo : announcment will come soon
[2016-10-27 21:13:21] lockhedge : QuantFocus: how should increasing leverage help?
[2016-10-27 21:13:32] wurstgelee : 23:08 - rapidtrades: if we're at limit up, why don't u idiots sell
[2016-10-27 21:13:33] wurstgelee : lol
[2016-10-27 21:13:37] sleger : more liquidity with leverage
[2016-10-27 21:13:38] wurstgelee : u know nothing about crypto
[2016-10-27 21:13:41] wurstgelee : =)
[2016-10-27 21:14:08] QuantFocus : lockhedge: and higher liquidations amount
[2016-10-27 21:14:11] QuantFocus : it's actually better for longs
[2016-10-27 21:17:10] kryptopojken : do u guys think ZEC can spike up to like 5BTC?
[2016-10-27 21:17:17] sleger : yes
[2016-10-27 21:17:23] Tetsuo : yes
[2016-10-27 21:17:23] Kahir : 10 btc
[2016-10-27 21:17:27] sleger : 50 is probably tops
[2016-10-27 21:17:34] uwotmate : I think it goes 100+ BTC on polo tomorrow
[2016-10-27 21:17:35] kryptopojken : lol that would be such a scam
[2016-10-27 21:17:36] lockhedge : sleger: you are still short, right?
[2016-10-27 21:17:37] habibi : sadly (coz of adl here) but yes it can without problem
[2016-10-27 21:17:38] Tetsuo : 10 at least, then sideways for 1-2 weeks
[2016-10-27 21:17:48] kryptopojken : are u guys serious?
[2016-10-27 21:17:53] Tetsuo : ?
[2016-10-27 21:18:02] kryptopojken : so $6800 per ZEC?
[2016-10-27 21:18:03] uwotmate : no, it's going to crash, sell into that buy wall while you still have a chance
[2016-10-27 21:18:20] uwotmate : don't get burned on this one
[2016-10-27 21:18:25] uwotmate : now is time to sell
[2016-10-27 21:18:26] habibi : kryptopojken: people will buy this at ridiculus price, just to sell it at ridiculus + x
[2016-10-27 21:18:41] habibi : and its totally normal
[2016-10-27 21:19:18] Tetsuo : this time it´s different
[2016-10-27 21:19:22] kryptopojken : hmm
[2016-10-27 21:19:40] kryptopojken : im going to short but i dont wanna get rekt because of a scam spike
[2016-10-27 21:19:49] poes : ridiculus is an understatement lol
[2016-10-27 21:19:56] poes : there will be +- 375k coins in existence by the end of the year: https://z.cash/blog/slow-start-and-mining-ecosystem.html
[2016-10-27 21:19:59] habibi : kryptopojken: ffs its people buying
[2016-10-27 21:20:02] poes : so 375000*0.783768 = 293913 BTC
[2016-10-27 21:20:05] habibi : kryptopojken: so fomo spike, not scam spike
[2016-10-27 21:20:08] laisee : "New currency Zcash to be enabled on Friday, October 28th - BFX"
[2016-10-27 21:20:08] poes : 293913 * 680 = 199860840 USD market cap (only ethereum and bitcoin will have larger market cap)
[2016-10-27 21:20:09] zcasher : it's not premined..
[2016-10-27 21:20:18] zcasher : it's not that much
[2016-10-27 21:20:24] kryptopojken : habibi: i guess
[2016-10-27 21:20:34] habibi : kryptopojken: just be very careful with shorting
[2016-10-27 21:20:55] kryptopojken : my liq price on my small short is 10.46 lol
[2016-10-27 21:21:16] kryptopojken : it would be insane if i got liquidated
[2016-10-27 21:22:11] habibi : nope, it would be insane if u would not :)
[2016-10-27 21:23:14] kryptopojken : damn u got me scared now
[2016-10-27 21:23:57] laisee : sold my ZEC.when does it list on spot markets?
[2016-10-27 21:25:05] habibi : kryptopojken: don't know, i can assure u fomo will be big but cant say how big
[2016-10-27 21:25:35] 99991111 : my auto deleverage bar is yellow. How do I make sure I don't get auto deleveraged?
[2016-10-27 21:25:42] 99991111 : on zec
[2016-10-27 21:25:56] Tetsuo : pay the mods
[2016-10-27 21:26:01] lockhedge : kryptopojken: as long as people like sleger are short, don't worry
[2016-10-27 21:26:14] habibi : lockhedge: he is long :)
[2016-10-27 21:26:47] Tetsuo : he smart
[2016-10-27 21:27:30] 99991111 : will it sell ally my positions on auto deleverage?
[2016-10-27 21:28:05] Tetsuo : your username is green so probably only around 40%
[2016-10-27 21:28:21] sleger : lol
[2016-10-27 21:28:27] sleger : oh same for me :D
[2016-10-27 21:28:38] 99991111 : is that what that means?
[2016-10-27 21:28:41] BitMEX_Greg : lockhedge is in for some trouble
[2016-10-27 21:28:45] BitMEX_Greg : oh so am I
[2016-10-27 21:29:35] 99991111 : hey bitmex_greg, I've got 4 bars in auto deleverage. Any hints on what I can do to not have to force sell zec?
[2016-10-27 21:29:42] sleger : no you cant trade here !
[2016-10-27 21:29:56] sleger : 99991111: 2 options : option 1 and option 2
[2016-10-27 21:30:06] BitMEX_Greg : 99991111: You can attempt to reduce your leverage
[2016-10-27 21:30:10] sleger : thats option 1
[2016-10-27 21:30:14] sleger : and ....
[2016-10-27 21:30:21] BitMEX_Greg : 99991111: You can close your position
[2016-10-27 21:30:27] sleger : no thats not an option
[2016-10-27 21:30:33] 99991111 : i have 15 contracts. If I close 1, does that help?
[2016-10-27 21:30:35] BitMEX_Greg : well losing pnl isnt really either
[2016-10-27 21:30:40] Tetsuo : u can´t close the future of money
[2016-10-27 21:30:50] BitMEX_Greg : 99991111: Not really
[2016-10-27 21:30:53] sleger : there is another option
[2016-10-27 21:31:19] BitMEX_Greg : He can sell all existing liquidated orders so noone will be deleveraged
[2016-10-27 21:31:23] sleger : that's option 2 for those that are following
[2016-10-27 21:31:27] wurstgelee : https://twitter.com/ErikVoorhees/status/791748179280613377
[2016-10-27 21:31:37] Tetsuo : BitMEX_Greg: don´t listen to Bitmex_Greg, he red, he bad, known scammer
[2016-10-27 21:31:40] sleger : no i mean an option where he can keep his position
[2016-10-27 21:31:43] wurstgelee : and thats when u know u have reached a level of unmatched fomo for an unreleased alt....
[2016-10-27 21:32:22] 99991111 : what does sell all existing liquidated orders mean?
[2016-10-27 21:32:28] Tetsuo : whis
[2016-10-27 21:32:46] wurstgelee : clearly whis
[2016-10-27 21:32:49] 99991111 : I have 15 ZEC contracts, in at 0.35
[2016-10-27 21:32:53] 99991111 : I want to hold
[2016-10-27 21:32:54] BitMEX_Greg : 99991111: Nevermind, basically there are 124 orders that may get deleveraged. If someone shorts them, then they will have been filled
[2016-10-27 21:33:59] 99991111 : it says 33 contracts are liquidated
[2016-10-27 21:34:05] 99991111 : in the 124
[2016-10-27 21:34:12] wurstgelee : so.....if nothing happens.....limits change.....price moves up..everyone gets ADL? oO
[2016-10-27 21:34:32] wurstgelee : well, not everyone
[2016-10-27 21:34:40] BitMEX_Greg : 99991111: Yes, sorry you are correct
[2016-10-27 21:34:52] wurstgelee : oh ok
[2016-10-27 21:34:58] Tetsuo : wurstgelee: only the ones that aren´T green
[2016-10-27 21:35:04] wurstgelee : nvm
[2016-10-27 21:35:06] wurstgelee : ;)
[2016-10-27 21:35:08] 99991111 : If I sell 1 contract now, I have less leverage, right?
[2016-10-27 21:35:18] BitMEX_Greg : 99991111: No
[2016-10-27 21:35:33] wurstgelee : Tetsuo: it could still hit green ones, no?
[2016-10-27 21:35:35] wurstgelee : theoretically
[2016-10-27 21:35:41] BitMEX_Greg : 99991111: Try to move down to 1x leverage
[2016-10-27 21:35:51] 99991111 : if I made a deposit, I have less leverage?
[2016-10-27 21:36:01] 99991111 : i'm at 1.26x
[2016-10-27 21:36:01] wurstgelee : 99991111: u are on cross then
[2016-10-27 21:36:05] lockhedge : 99991111: 33/461 = 7.16%, so if only 4 lights are lit (not 5), you won't get ADLed because of that
[2016-10-27 21:36:15] Tetsuo : wurstgelee: Bitmex mods were very clear about it in hidden IRC , green ones are safe
[2016-10-27 21:36:27] wurstgelee : Tetsuo: lol :D
[2016-10-27 21:36:31] 99991111 : when the price goes up, I will be ADL though, right?
[2016-10-27 21:36:37] wurstgelee : from current liquidations maybe
[2016-10-27 21:36:41] wurstgelee : not from future ones
[2016-10-27 21:36:46] 99991111 : next 25%
[2016-10-27 21:36:51] BitMEX_Greg : 99991111: not necessarily, depends on where other users are at
[2016-10-27 21:36:56] wurstgelee : next 50%
[2016-10-27 21:37:05] 99991111 : 25% each 8 hours
[2016-10-27 21:37:06] wurstgelee : limits spreads have been increased
[2016-10-27 21:37:10] wurstgelee : read latest announcement
[2016-10-27 21:37:17] wurstgelee : will be removed tomorrow
[2016-10-27 21:37:41] wurstgelee : that how we jumped from .52 to current price
[2016-10-27 21:37:42] sleger : Tetsuo: his green is kind of pale though
[2016-10-27 21:37:43] wurstgelee : +50%
[2016-10-27 21:37:45] Tetsuo : https://en.wikipedia.org/wiki/Oort_cloud is the limit then
[2016-10-27 21:37:51] lockhedge : 99991111: probably big shorter - like sleger ;) - are on very low leverage, so hard to say how many contracts get liquidated
[2016-10-27 21:38:06] wurstgelee : sleger didnt short
[2016-10-27 21:38:29] 99991111 : sorry, so what actions do I take? I only have 0.23 BTC available balance
[2016-10-27 21:38:30] wurstgelee : he started at the recent race for longs ;)
[2016-10-27 21:38:31] Tetsuo : smart money...
[2016-10-27 21:38:38] 99991111 : if I deposit more, does it help?
[2016-10-27 21:38:38] wurstgelee : got 3 iirc
[2016-10-27 21:39:19] wurstgelee : 99991111: if lowering leverage helps, yes
[2016-10-27 21:39:22] wurstgelee : than it would help
[2016-10-27 21:39:26] 99991111 : I don't understand how selling 1 doesn't reduce leverage
[2016-10-27 21:39:27] sleger : 99991111: option 2 is you deposit in a second account, you trade your position against the first one (when limit reopens) this way you put back your unrealized to zero and your place in queue for ADL will decrease a lot
[2016-10-27 21:39:32] BitMEX_Greg : 99991111: If you deposit more funds and lower your leverage then yes
[2016-10-27 21:39:37] wurstgelee : selling one will reduce leverage as well
[2016-10-27 21:39:42] wurstgelee : if u are on cross
[2016-10-27 21:40:05] sleger : option 2 is the best and a proof the current ranking system is flawed
[2016-10-27 21:40:19] wurstgelee : it will increase available balance and therefore reduce leverage
[2016-10-27 21:40:29] 99991111 : i am on cross
[2016-10-27 21:40:33] 99991111 : i don't know what that means
[2016-10-27 21:40:37] wurstgelee : then selling one would reduce leverage
[2016-10-27 21:40:45] wurstgelee : cross margin
[2016-10-27 21:41:04] wurstgelee : whats your current leverage?`zec?
[2016-10-27 21:41:17] 99991111 : 1.26x
[2016-10-27 21:41:22] wurstgelee : lol
[2016-10-27 21:41:25] wurstgelee : and its set to?
[2016-10-27 21:41:30] wurstgelee : radio button?
[2016-10-27 21:41:32] 99991111 : cross
[2016-10-27 21:41:36] wurstgelee : see? :D
[2016-10-27 21:41:38] Tetsuo : ur clearly doomed
[2016-10-27 21:41:51] 99991111 : what the heck does that mean?
[2016-10-27 21:41:59] wurstgelee : 99991111: dude... :D
[2016-10-27 21:42:10] wurstgelee : you use your entire balance as margin in cross mode
[2016-10-27 21:42:29] wurstgelee : so..if u deposit more btc, your balance increases -> leverage goes down
[2016-10-27 21:42:37] 99991111 : good
[2016-10-27 21:42:47] 99991111 : and also selling one, margin goes down, right?
[2016-10-27 21:42:50] wurstgelee : u sell a contract -> position size decreases (balance increases as well) -> leverage down
[2016-10-27 21:42:53] wurstgelee : those are your options
[2016-10-27 21:42:54] wurstgelee : =)
[2016-10-27 21:43:02] wurstgelee : yes
[2016-10-27 21:43:05] 99991111 : also deposit new account seems best...
[2016-10-27 21:43:11] sleger : of course it is
[2016-10-27 21:43:18] sleger : its hacking the system
[2016-10-27 21:43:24] wurstgelee : bringing more btc in is always the best decision
[2016-10-27 21:43:27] wurstgelee : ;)
[2016-10-27 21:43:31] sleger : you lower your risk of ADL without changing actual risk
[2016-10-27 21:43:31] Tetsuo : +1
[2016-10-27 21:43:42] 99991111 : how much of my position will get sold in ADL?
[2016-10-27 21:43:50] wurstgelee : noone wants anyone to cause ADL
[2016-10-27 21:43:51] sleger : all of it
[2016-10-27 21:43:51] Tetsuo : color...
[2016-10-27 21:43:58] wurstgelee : better have that margin available on cross ;)
[2016-10-27 21:44:24] sebaas : This is getting a bit crazy no? As soon as those 33 contracts liquidate, price is 4:1, this will trigger a cascade no?
[2016-10-27 21:44:28] lockhedge : sleger: how can you trade against yourself? seems not possible during this session
[2016-10-27 21:45:28] slaventius : Hi . where zcash deposit adress.???
[2016-10-27 21:45:31] Tetsuo : https://en.wikipedia.org/wiki/Goethe%27s_Faust
[2016-10-27 21:45:46] uwotmate : only 22 visible orders until next limit
[2016-10-27 21:46:05] Tetsuo : slaventius: in 8 hours there will be a new one, olds have reached their limit
[2016-10-27 21:46:37] QuantFocus : BitMEX_Greg: are you guys increasing leverage on zec
[2016-10-27 21:46:39] wurstgelee : i heard they are still selling some deposit adresses in the red light district. bring a kidney
[2016-10-27 21:48:59] kryptopojken : BitMEX_Greg: will u make liquidations manually the first few days? i feel like there is a blatant risk of manipulation and insane liquidation cascades if you leave it to be automatically market settled
[2016-10-27 21:49:16] wurstgelee : i can answer that: no
[2016-10-27 21:49:22] wurstgelee : :)
[2016-10-27 21:49:35] Tetsuo : liq above 100BTC are probably safe, i heard there will be a limit
[2016-10-27 21:50:06] kryptopojken : wurstgelee: u mean there will be a margin call cascade then probably?
[2016-10-27 21:50:24] wurstgelee : no, i mean: manual liquidations wont happen here
[2016-10-27 21:50:37] wurstgelee : also cascades cant happen because of upper and lower limit circuit breaker
[2016-10-27 21:50:48] sebaas : that will be removed tomorrow no?
[2016-10-27 21:50:55] Tetsuo : 8h
[2016-10-27 21:50:56] wurstgelee : the upper limit breaker is what u see in action right now ;)
[2016-10-27 21:51:04] lockhedge : wurstgelee: but limits will be lifted...
[2016-10-27 21:51:10] wurstgelee : lockhedge: yes
[2016-10-27 21:51:13] sebaas : Oct 28, 12:00 UTC: Limits will be removed entirely.
[2016-10-27 21:51:22] sebaas : so massive margin cascade then I guess
[2016-10-27 21:51:27] wurstgelee : the moment between no limits and first spot trade will be.......wild
[2016-10-27 21:51:38] wurstgelee : *hours probably
[2016-10-27 21:54:34] 99991111 : sold 1, down to 1.18x, three bars
[2016-10-27 21:54:41] wurstgelee : ;)
[2016-10-27 21:55:17] 99991111 : I'm not sure how to play this now
[2016-10-27 21:55:39] sebaas : why can't there be set a stop llmit, which market orders as soon as bid increases with limit being lifted
[2016-10-27 21:55:41] sebaas : @sam
[2016-10-27 21:55:54] sebaas : I tried to do it before, but it got rejected
[2016-10-27 21:56:08] 99991111 : how do I even get orders in? As soon as the limit increases, it's just a race?
[2016-10-27 21:56:22] QuantFocus : because longs want to fomo this is up to force liquidations
[2016-10-27 21:56:44] wurstgelee : https://twitter.com/22loops/status/791756688940490752
[2016-10-27 21:56:48] wurstgelee : lolz
[2016-10-27 21:57:10] wurstgelee : 99991111: last time it was a race
[2016-10-27 21:57:24] wurstgelee : and it currently looks like another race next time
[2016-10-27 21:57:33] BitMEX_Sam : sebaas: Check the reject reason in your order history
[2016-10-27 21:57:41] 99991111 : i missed it last time, so shorts will get rekt, and longs get auto deleveraged?
[2016-10-27 21:57:53] wurstgelee : 99991111: check the order history
[2016-10-27 21:57:58] sebaas : BitMEX_Sam: limit up price
[2016-10-27 21:58:00] wurstgelee : 20 utc
[2016-10-27 21:58:12] 99991111 : what's the fastest thing to do? hit market order as fast as possible?
[2016-10-27 21:58:21] wurstgelee : everyone tried that
[2016-10-27 21:58:22] BitMEX_Sam : sebaas: Use a Stop Market order, not Stop Limit
[2016-10-27 21:58:25] wurstgelee : few got lucky
[2016-10-27 21:58:43] QuantFocus : BitMEX_Sam: what's the story with leverage amount when you go off limits?
[2016-10-27 21:58:53] BitMEX_Sam : QuantFocus: No change planned.
[2016-10-27 22:00:22] QuantFocus : oh boy, lol
[2016-10-27 22:01:09] millrenrame1971 : i've got deliverage and understand reason. But why all my stop-orders were cancelled?
[2016-10-27 22:01:37] lockhedge : BitMEX_Sam: shouldn't ZEC stay on last price marking until there is a spot market that is more liquid than the future?
[2016-10-27 22:01:47] Tetsuo : the game is rigged i want my zec and i want i tknow, in 8 h the price will probably be 5BTC, stop foolin everyone@Bitmex. Buyin all the cheap ZEC in the meanwhile
[2016-10-27 22:01:48] BitMEX_Sam : lockhedge: Yes, that is the plan.
[2016-10-27 22:02:15] BitMEX_Sam : millrenrame1971: You can hover over the `Canceled` text for more info.
[2016-10-27 22:02:19] wurstgelee : which is effectively no marking between no limits and marking to spot
[2016-10-27 22:02:50] BitMEX_Sam : During that time, it just behaves like a traditional market. It will be expensive to run the price up and down if users are paying attention
[2016-10-27 22:02:59] BitMEX_Sam : But that risk is something traders should be aware of.
[2016-10-27 22:03:07] wurstgelee : yep.
[2016-10-27 22:03:08] lockhedge : BitMEX_Sam: so why raise the limits then before you change the mark method? or did i misunderstand your plans?
[2016-10-27 22:03:18] wurstgelee : risky af but thats what i like tbh ;)
[2016-10-27 22:03:27] Tetsuo : whis risk?
[2016-10-27 22:03:35] wurstgelee : lockhedge: what if spots trades out of limits?
[2016-10-27 22:03:38] BitMEX_Sam : We are raising the limit width so it will better follow spot markets. That is different than choosing a spot market and marking to it.
[2016-10-27 22:03:46] wurstgelee : and futures cant follow spot here?
[2016-10-27 22:03:58] wurstgelee : there cant be limits once spot trading is live
[2016-10-27 22:04:10] lockhedge : wurstgelee: price of spot trades should only matter if the spot market is more liquid than the future (see above)
[2016-10-27 22:04:21] 99991111 : I think 3 green bars is pretty safe
[2016-10-27 22:04:27] gladimor : Could you guys just remove limits today?
[2016-10-27 22:04:35] wurstgelee : gladimor: read announcement
[2016-10-27 22:04:40] gladimor : I have read it
[2016-10-27 22:04:45] wurstgelee : then u know the answer
[2016-10-27 22:04:48] wurstgelee : ;)
[2016-10-27 22:05:03] gladimor : If it could be removed today, it
[2016-10-27 22:05:06] gladimor : would be better
[2016-10-27 22:05:17] wurstgelee : u cant anounce a schedule and then act different
[2016-10-27 22:05:19] wurstgelee : ....
[2016-10-27 22:05:29] wurstgelee : *n
[2016-10-27 22:05:34] wurstgelee : for so many reasons
[2016-10-27 22:05:37] wurstgelee : =)
[2016-10-27 22:05:55] 99991111 : where is the anouncement?
[2016-10-27 22:06:05] rapidtrades : IT'S A ZECMANIA OVER HERE
[2016-10-27 22:06:21] QuantFocus : BitMEX_Sam: you guys seem to be changing the rules in the middle of the game
[2016-10-27 22:06:23] GentlyCaress : oh,, my god..
[2016-10-27 22:06:24] 99991111 : ahh the bullhorn
[2016-10-27 22:06:29] GentlyCaress : what can i do..
[2016-10-27 22:06:34] GentlyCaress : my 13btc is gone
[2016-10-27 22:06:44] QuantFocus : it should retain limits until a spot market is in play
[2016-10-27 22:06:45] GentlyCaress : i did margin sell on z cash
[2016-10-27 22:06:53] BitMEX_Greg : QuantFocus: That is what is happening
[2016-10-27 22:07:05] QuantFocus : not really
[2016-10-27 22:07:07] GentlyCaress : and now.. i lost 13btc,,
[2016-10-27 22:07:19] Rado : GentlyCaress: how many did you short?
[2016-10-27 22:07:28] GentlyCaress : 26zcash
[2016-10-27 22:07:33] 99991111 : GentlyCaress: why did you short zcash?
[2016-10-27 22:07:33] GentlyCaress : on 0.02
[2016-10-27 22:07:34] QuantFocus : BitMEX_Greg: you're removing limits and allowing it to move freely until a spot market is liqiud enough to use as mark price
[2016-10-27 22:07:35] GentlyCaress : 0.2
[2016-10-27 22:07:36] BitMEX_Greg : QuantFocus: We will not remove the limits until it trades on a spot market
[2016-10-27 22:07:38] kryptopojken : BitMEX_Greg: what if spot market spikes up like crazy because of the super limited supply?
[2016-10-27 22:07:38] wurstgelee : ouch
[2016-10-27 22:07:47] BitMEX_Greg : kryptopojken: That is where spot market trades
[2016-10-27 22:07:49] habibi : GentlyCaress: u just gave them away :)
[2016-10-27 22:07:53] Rado : 26 ZEC is 13.6761 XBT
[2016-10-27 22:07:56] Rado : so that will do it
[2016-10-27 22:08:00] Rado : you got liquidated
[2016-10-27 22:08:08] wurstgelee : we had a lengthy discussion in this very trollbox about why shorting .2 is a really bad idea
[2016-10-27 22:08:10] wurstgelee : ;)
[2016-10-27 22:08:27] GentlyCaress : ....
[2016-10-27 22:08:30] 99991111 : so orders open again at 9pm?
[2016-10-27 22:08:36] 99991111 : or limit increases
[2016-10-27 22:08:41] wurstgelee : 99991111: 5h 52 mins
[2016-10-27 22:08:50] Rado : 99991111: resets every 8 hours
[2016-10-27 22:08:59] wurstgelee : be sure to be here in time for the race :p
[2016-10-27 22:09:02] 99991111 : i can't place orders now?
[2016-10-27 22:09:09] wurstgelee : nope. not above limit
[2016-10-27 22:09:15] 99991111 : what if you do it 1 second early?
[2016-10-27 22:09:21] wurstgelee : nope
[2016-10-27 22:09:34] GentlyCaress : why do u thick zcash will be 13bit??
[2016-10-27 22:09:35] wurstgelee : 4 utc straight
[2016-10-27 22:09:36] Rado : that's why you only see sell orders now
[2016-10-27 22:09:39] GentlyCaress : i ursurd
[2016-10-27 22:09:39] wurstgelee : not a sec earlier ;)
[2016-10-27 22:09:40] 99991111 : did you get any wurstgelee?
[2016-10-27 22:09:53] XBT_Saver : how come the liquidation of the 30 zcash contracts has not been adl'd yet?
[2016-10-27 22:09:58] wurstgelee : i have some bought weeks ago
[2016-10-27 22:10:10] wurstgelee : sold most for more than great profits, letting the rest roll
[2016-10-27 22:10:16] Tetsuo : the times they are a cahnign, i ner ver thought that shortin an alt @ 0.8 could be dangerous
[2016-10-27 22:10:18] GentlyCaress : i cant believe zcash is 0.78
[2016-10-27 22:10:20] wurstgelee : also got 1 in recent race
[2016-10-27 22:10:24] wurstgelee : ;)
[2016-10-27 22:10:45] 99991111 : wurst, eventually, you get ADL, though right?
[2016-10-27 22:10:47] wurstgelee : Tetsuo: its not only dangerous, it would be stupid imo
[2016-10-27 22:10:49] 99991111 : you can't let it roll
[2016-10-27 22:10:52] wurstgelee : with current conditions
[2016-10-27 22:10:59] wurstgelee : 99991111: yep, adl prob
[2016-10-27 22:11:14] 99991111 : I guess a few days ago, it was easy to buy back in
[2016-10-27 22:11:15] wurstgelee : right now everything green tho
[2016-10-27 22:11:31] GentlyCaress : i think bitmex is too dangerlous
[2016-10-27 22:11:40] wurstgelee : because?
[2016-10-27 22:11:45] wurstgelee : u can lose a lot of money fast?
[2016-10-27 22:11:46] Tetsuo : GentlyCaress: hacked and robbed?
[2016-10-27 22:11:57] noobeater : How do I buy 0.5 worth of zcash
[2016-10-27 22:12:07] Tetsuo : noobeater: 8
[2016-10-27 22:12:11] rapidtrades : u can't atm
[2016-10-27 22:12:31] rapidtrades : we're at limit up....guess u can match that limit 122
[2016-10-27 22:12:40] micmix : Zcash (ZEC) trading begins on Kraken this Friday, October 28!
[2016-10-27 22:12:41] habibi : GentlyCaress: noone will save u from loosing money, bitmex just helped u to do it faster
[2016-10-27 22:13:01] rapidtrades : habibi: this is why noone likes u
[2016-10-27 22:13:05] Tetsuo : fuck me, even rapid is helpin the shitcoinnoobs, times are claerly changin
[2016-10-27 22:13:07] REKT : Liquidated long on `XRP7D`: Sell 5000 @ 0.00001228
[2016-10-27 22:13:35] rapidtrades : this is fun, pure degen
[2016-10-27 22:13:39] rapidtrades : mode
[2016-10-27 22:13:42] habibi : rapidtrades: ur money needs to like me, people dont
[2016-10-27 22:13:56] GentlyCaress : habibi: my god.
[2016-10-27 22:14:05] sebaas : at 4:00 utc, it will run up to next cap at 1.175652 instantly
[2016-10-27 22:14:15] GentlyCaress : habibi: i think bitmex going some tricky
[2016-10-27 22:14:33] rapidtrades : limits were a baaad idea
[2016-10-27 22:14:33] sebaas : will limit be removed after that increase?
[2016-10-27 22:14:36] GentlyCaress : this price is ridyculous
[2016-10-27 22:14:41] habibi : GentlyCaress: its normal feeling when u loose money, but i can assure u they do not, u just dont understand all the rules correctly
[2016-10-27 22:14:56] wurstgelee : GentlyCaress: lol?
[2016-10-27 22:15:05] wurstgelee : u think this price is fake?
[2016-10-27 22:15:06] rapidtrades : ppl are so stupid here they use the limits as targets
[2016-10-27 22:15:31] rapidtrades : kinda what happened in china earlier this year
[2016-10-27 22:15:32] Progamer : Z cash shit
[2016-10-27 22:15:38] Progamer : wtf
[2016-10-27 22:15:53] GentlyCaress : yes.. it it made to liquade to margin sell
[2016-10-27 22:16:22] GentlyCaress : this zcash price cant be normal
[2016-10-27 22:16:30] wurstgelee : ? traders trade. bitmex provides platform.
[2016-10-27 22:16:32] wurstgelee : it is
[2016-10-27 22:16:34] Progamer : but it is
[2016-10-27 22:16:36] Progamer : is
[2016-10-27 22:16:53] sebaas : no one here thinks this will be the price in 6 months time :p
[2016-10-27 22:16:54] Tetsuo : limited supply is a game changer
[2016-10-27 22:16:59] wurstgelee : i personally know someone who tried to get as many as he can get under current price but only managed to buy 1 ;)
[2016-10-27 22:17:00] habibi : GentlyCaress: this is nature of fomo on every market, u were stupid to short it and u need to deal with it
[2016-10-27 22:17:14] sebaas : but since this is limited supply, and everyone getting trapped, everyone wants to play the game
[2016-10-27 22:17:25] wurstgelee : no
[2016-10-27 22:17:29] wurstgelee : no limited supply here
[2016-10-27 22:17:35] Tetsuo : beanie babies FTW
[2016-10-27 22:17:37] wurstgelee : there is no limit to open contracts
[2016-10-27 22:17:39] 99991111 : there are 20 total contracts till the next limit
[2016-10-27 22:17:45] 99991111 : I wonder if someone could win them all?