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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-10-29 13:54:19] BitMEX_Greg : kryptopojken: Hi, we don't have private chat. Can you please send us a support ticket and we will look at it immediately [2016-10-29 13:54:25] BitMEX_Wally : Gemz: your unrealised profit and loss is calculated using the mark price, but when you close your position your realised PNL depends on what price you trade at in the order book [2016-10-29 13:54:48] Gemz : thanks [2016-10-29 13:55:15] tomato : what is the ROE 284.5% [2016-10-29 13:55:15] Tetsuo : tag team back again [2016-10-29 13:55:51] aethlios : any eth news? [2016-10-29 13:55:55] BitMEX_Wally : tomato: ROE is return on equity, it is your unrealised PNL as a percentage multiplied by your chose leverage [2016-10-29 13:56:03] Tetsuo : aethlios: it looks pretty bad [2016-10-29 13:56:21] aethlios : major support at test 0.013 around [2016-10-29 13:57:08] jordy : Does bitmex has mobile apps? [2016-10-29 13:57:16] Gemz : eth bubble popped i think, its going back to $5 [2016-10-29 13:57:40] lockhedge : BitMEX_Wally: on Cross margin, this ROE calculation does not make sense [2016-10-29 13:58:01] tomato : BitMEX_Wally: if the ROE 300%,my value is 0.01XBT, it means my profit is 0.03XBT,right? [2016-10-29 13:58:04] andrinost : how to reset chart setting to defaul>? [2016-10-29 13:58:05] aethlios : still 1 billion market cap. [2016-10-29 13:58:18] sleger : tomato: wrong [2016-10-29 13:58:35] tomato : how much my profit [2016-10-29 13:58:37] chromaticcr1 : tomato: seems like you are typing with Chinese input [2016-10-29 13:58:50] tomato : yes [2016-10-29 13:58:51] rapidtrades : bit 'we change contracts mid-way' mex [2016-10-29 13:59:11] aethlios : xmr and eth [2016-10-29 13:59:18] rapidtrades : bit ' we impose price caps' mex [2016-10-29 13:59:35] rapidtrades : bwpcm [2016-10-29 13:59:42] aethlios : place a floor to xmr and eth. [2016-10-29 13:59:48] rapidtrades : bitwimpcmex [2016-10-29 14:00:02] rapidtrades : yeah place a floor on btc too while ur at it [2016-10-29 14:00:08] REKT : Liquidated long on `REP7D`: Sell 455 @ 0.005458 [2016-10-29 14:00:35] Rado : all shit coins down [2016-10-29 14:00:35] chromaticcr1 : lol REP orderbook [2016-10-29 14:00:36] rapidtrades : and cap eth at 0.02 just to f*ck with sleger [2016-10-29 14:01:01] Rado : rapidtrades: lol [2016-10-29 14:01:07] aethlios : whales dumping hard alts, preparing for huge btc pump to 1200 [2016-10-29 14:01:09] rapidtrades : let's start a petition for the next cap [2016-10-29 14:01:20] sleger : rapidtrades: my eth position is mostly not here [2016-10-29 14:01:24] Rado : rapidtrades: any news on marking ZEC to Polo? [2016-10-29 14:01:26] rapidtrades : which coin do u hate the most guys? [2016-10-29 14:01:39] rapidtrades : Rado: nope...when they feel like it most likely [2016-10-29 14:01:44] aethlios : we need floors now, we are loosing our ground below our feet [2016-10-29 14:01:51] rapidtrades : agree [2016-10-29 14:01:55] Rado : I think they can't do it now [2016-10-29 14:02:14] rapidtrades : they don't want to do it now [2016-10-29 14:02:27] Rado : assumption ws the price will equalize and then they can mark it [2016-10-29 14:02:38] Tetsuo : rapidtrades: difficult question there are so many hateful out there [2016-10-29 14:02:43] Rado : how can it be done if the difference is 6 BTC [2016-10-29 14:03:04] rapidtrades : idk they plan to use some fair basis added [2016-10-29 14:03:18] rapidtrades : prolly -80% lol [2016-10-29 14:03:25] rapidtrades : 'fair' lol [2016-10-29 14:03:30] Rado : lol [2016-10-29 14:03:42] Tetsuo : open the gates shitcoiners, hell is knocking [2016-10-29 14:03:44] rapidtrades : can we rename the contart to ZEC-80% [2016-10-29 14:03:44] Rado : mark prie is used for liquidations right? [2016-10-29 14:03:53] rapidtrades : i think so [2016-10-29 14:03:55] lockhedge : rapidtrades: they usually use impact mid price (the order book) to calculate fair basis [2016-10-29 14:03:57] laisee : rapidtrades: us seem a little sad. didn't make money from ZEC like all the others? [2016-10-29 14:03:59] Rado : so they can't change it [2016-10-29 14:04:15] Rado : laisee: I told him to sell at 10 [2016-10-29 14:04:21] chromaticcr1 : current supply / supply at Dec30 = 0.09%, FYI [2016-10-29 14:04:22] REKT : Liquidated long on `ETC7D`: Sell 85 @ 0.001238 [2016-10-29 14:04:24] rapidtrades : laisee: no i made quite a lot...but i complained even when i didn't trade ZEC [2016-10-29 14:04:33] rapidtrades : when they had those 25-50% limits [2016-10-29 14:04:43] rapidtrades : limits have no place in trading [2016-10-29 14:04:45] laisee : he was longa nd didnt seell @ 10? Oh, thts sad indeed [2016-10-29 14:04:55] tomato : BitMEX_Wally: how to check my profit [2016-10-29 14:04:57] GreedyGoblin : there is on Polo this guy talking about a big XBT short position in trouble. just troll talk or there something to it? [2016-10-29 14:05:06] chromaticcr1 : 0.09%*7.2=0.00648, quite a fair number i guess [2016-10-29 14:05:35] laisee : rapidtrades: limits are quite common in non-cash exchanges [2016-10-29 14:05:49] Rado : BitMEX_Wally: all kidding aside, don't you guys have a plan to marking ZEC with an exchange? [2016-10-29 14:06:11] chromaticcr1 : Rado: but how, what would be the basis [2016-10-29 14:06:14] rapidtrades : they'll do it when it suits them...check latest announcement [2016-10-29 14:06:37] rapidtrades : they outlines some 'rules' but still said it's up to their discretion [2016-10-29 14:06:45] Rado : chromaticcr1: if you are short you will get liquidated [2016-10-29 14:07:06] Rado : actually if they announce and give people 2-3 hours the price here will equalize with the price on the exchange [2016-10-29 14:07:08] laisee : rapidtrades: they are in business and have no govt agency to bail them out. u expect charity? [2016-10-29 14:07:12] rapidtrades : so we're trading a fake market with BTC that's 80% below ZEC price...sounds fair [2016-10-29 14:07:17] Rado : because shorts will need to cover [2016-10-29 14:07:19] chromaticcr1 : Rado: if they are marking to spot directly without basis, yes [2016-10-29 14:07:28] lockhedge : Rado: "Our criteria for this marking are as follows: Healthy deposits and withdrawals Over 1000 ZEC/day volume The final decision on which spot exchange to mark ZECZ16 is at BitMEX’s discretion and will be announced a full 24 hours before it is active. At that time ZECZ16’s mark price will be a combination of the index price and implied basis." [2016-10-29 14:07:41] rapidtrades : i expect them not to trade on their own xchanges or bailout MMs [2016-10-29 14:07:53] rapidtrades : not a f*cking high bar [2016-10-29 14:08:20] Rado : lockhedge: do you work for BitMEX now? [2016-10-29 14:08:25] laisee : how do u know they are trading or bailing out MM? [2016-10-29 14:08:42] lockhedge : Rado: no and i'm not trading ZEC [2016-10-29 14:08:50] rapidtrades : because they killed trading to keep prices low [2016-10-29 14:09:04] Rado : lockhedge: over 1000/ZEC volume? [2016-10-29 14:09:12] rapidtrades : so any trading fees < benefit from shorts [2016-10-29 14:09:17] Rado : that's kind of unfair concidering the price is higher than BTC [2016-10-29 14:09:32] Rado : not like a shit coin where the price is a fraction of BTC [2016-10-29 14:09:40] rapidtrades : they think it will fall soon [2016-10-29 14:09:46] laisee : it will [2016-10-29 14:09:55] chromaticcr1 : rapidtrades: and it happened [2016-10-29 14:10:02] Rado : laisee: it did fall [2016-10-29 14:10:03] rapidtrades : yeah well guess what...if everyone says it will, it won't happen [2016-10-29 14:10:06] sleger : what btc price you guys taking profits ? [2016-10-29 14:10:12] Rado : now is anyone guess [2016-10-29 14:10:18] laisee : Rado: 15 to 9 to 7. [2016-10-29 14:10:20] Rado : it could trade at this price for a few days [2016-10-29 14:10:29] chromaticcr1 : sleger: i will take profit by ADL, from rapid's position [2016-10-29 14:10:35] REKT : Liquidated long on `LSKXBT`: Sell 350 @ 0.000201 [2016-10-29 14:10:37] sleger : lol [2016-10-29 14:10:46] sleger : since when do chinese make jokes [2016-10-29 14:10:52] REKT : Liquidated long on `LSKXBT`: Sell 3000 @ 0.000200 [2016-10-29 14:10:53] rapidtrades : good luck with that [2016-10-29 14:10:55] laisee : sleger: stay in your trade, I need to make a crazy short [2016-10-29 14:11:01] rapidtrades : i have no liq price [2016-10-29 14:11:22] chromaticcr1 : rapidtrades: that means the lower limit of zero will be removed by BitMEX just to be fair to everyone ;) [2016-10-29 14:11:37] chromaticcr1 : choo choo and down to the core [2016-10-29 14:11:39] rapidtrades : sounds fair [2016-10-29 14:11:57] rapidtrades : let's run this coin into - to bailout mex friends [2016-10-29 14:12:38] jose : why eth is dropping like crazy? [2016-10-29 14:13:07] Rado : jose: all alt coins are if you haven't noticed [2016-10-29 14:13:16] laisee : ethereality wins out [2016-10-29 14:13:16] Gr33d : Another day of shorting. Beautiful. [2016-10-29 14:14:42] +1 : BTC will stall for a few days? @Rado [2016-10-29 14:14:52] Rado : by the way we are a small community here and should stick together [2016-10-29 14:15:01] numero : so is this the polo spot that's on the chart now? [2016-10-29 14:15:12] hazir : this is the only zcash market with shorting :D more real a price [2016-10-29 14:15:18] Rado : +1: I don't see it yet [2016-10-29 14:15:25] Rado : BTC seems to have a good momentum [2016-10-29 14:15:29] Rado : might go up more [2016-10-29 14:15:31] sleger : we lost half of users already, nice ! [2016-10-29 14:15:51] hazir : where do you see number of users? :) [2016-10-29 14:15:54] Rado : sleger: 900 users got liquidated all the way to 0 [2016-10-29 14:16:04] hazir : nooo ouch :( [2016-10-29 14:16:07] REKT : Liquidated long on `ETHXBT`: Sell 100 @ 0.01322 [2016-10-29 14:16:09] Rado : hazir: top right of chat [2016-10-29 14:16:31] hazir : thank you Rado [2016-10-29 14:16:41] hazir : Rado: thank u ^^ [2016-10-29 14:16:54] Rado : np [2016-10-29 14:17:28] laisee : Rado: how do u know 900? [2016-10-29 14:17:45] Rado : laisee: yesterday we hit over 1900 users [2016-10-29 14:17:49] Rado : now 1087 [2016-10-29 14:17:53] Rado : it was just a joke [2016-10-29 14:18:08] laisee : doesn't mean they all got liquidated ... [2016-10-29 14:18:24] Rado : as I said it was a joke [2016-10-29 14:18:29] sleger : yes maybe they only trade on even days [2016-10-29 14:18:32] sleger : who knows [2016-10-29 14:18:34] laisee : I guess they all went back to Polo/Yolo land [2016-10-29 14:18:56] numero : yeah I took my chips off the table before I did somethings stupid ;) [2016-10-29 14:19:23] Rado : ETH bouncing [2016-10-29 14:20:06] laisee : ZEC under 7 now [2016-10-29 14:22:45] arougkalos : btc stacked at 705 in this exchange? :/ [2016-10-29 14:23:03] CaptainDean : arougkalos: check the funding rates [2016-10-29 14:23:04] Tetsuo : upper limit reache [2016-10-29 14:23:16] Rado : FCT and XMR took the biggest hit [2016-10-29 14:23:19] Rado : why FCT? [2016-10-29 14:23:26] Tetsuo : cuz it sucks [2016-10-29 14:23:46] Rado : anyone can do better than that answer? [2016-10-29 14:23:47] laisee : it's the fat kid in the crypto-coin class no-one likes [2016-10-29 14:23:54] arougkalos : CaptainDean: sorry ,i dont know how and what is it [2016-10-29 14:24:26] CaptainDean : Funding Rate0.2944% in 6 hour [2016-10-29 14:24:28] mjones : Fct cause low price = longs get rekt easily on margin [2016-10-29 14:24:35] CaptainDean : check the bottom left of your screen [2016-10-29 14:25:04] arougkalos : CaptainDean: ok i saw it.thnx!but what exactly this means? [2016-10-29 14:25:12] Rado : lets trade some shit coins [2016-10-29 14:25:16] mjones : Wish xmr would bounce like eth did [2016-10-29 14:25:18] Rado : ETH bounced nice [2016-10-29 14:25:27] CaptainDean : arougkalos: at the moment long pay the funding and short receive it [2016-10-29 14:25:45] Rado : mjones: it will when people understand that XMR is better than ZEC [2016-10-29 14:25:45] CaptainDean : arougkalos: recalculated every 8 hours [2016-10-29 14:25:59] CaptainDean : arougkalos: or 3 times per days ... [2016-10-29 14:26:04] CaptainDean : day* [2016-10-29 14:26:39] mjones : A lot of the xmr volume was done by 1 person. Probably trying to mark the bottom with high volume [2016-10-29 14:26:49] arougkalos : CaptainDean: so if i have a long and i believe that btc will go higher and it goes higher for the next 8 hours i will not get anything more? [2016-10-29 14:26:52] REKT : Liquidated short on `ETHXBT`: Buy 100 @ 0.01425 [2016-10-29 14:27:12] arougkalos : or in 8 hours the price will go to whatever is the btc at this moment? [2016-10-29 14:27:14] CaptainDean : arougkalos: whatever happens, in 6 hours if you're long you pay the funding [2016-10-29 14:27:19] mjones : Wish i 33x longed eth instead [2016-10-29 14:27:28] CaptainDean : mjones: same :P [2016-10-29 14:27:56] Rado : mjones: you will have another chance [2016-10-29 14:28:36] mjones : Xmr should short squeeze after that 40% fall [2016-10-29 14:28:46] arougkalos : CaptainDean: sorry i didnt get that exactly...so if i stay in and the btc goes up I will pay extra fees?or i will be paid? [2016-10-29 14:29:58] CaptainDean : arougkalos: https://www.bitmex.com/app/swapsGuide read the funding section [2016-10-29 14:30:11] arougkalos : CaptainDean: thank you :) [2016-10-29 14:30:31] CaptainDean : arougkalos: you're welcome ;-) [2016-10-29 14:30:33] rapidtrades : bit ' we hardcoded a cap' mex [2016-10-29 14:30:50] rapidtrades : i need a clever acronym [2016-10-29 14:31:03] Rado : capMEX [2016-10-29 14:31:11] rapidtrades : ahahhaah brilliant [2016-10-29 14:35:15] numero : bitmex WHACed [2016-10-29 14:36:01] rapidtrades : try again [2016-10-29 14:36:15] laisee : HairyCrab [2016-10-29 14:36:56] laisee : used for supreme traders in Chyna [2016-10-29 14:37:00] rapidtrades : he 24h volume on ZEC is n3 on polo right after ETH and XMR [2016-10-29 14:37:12] arougkalos : pffffff.i dont get it at all.i am interested in only one thing if someone can tell me please....i have a long with leverage 100% in btc bought at 682.sould i close it because i will not be paid more?should i close it because i will have to pay alot of fees and dont get anything in return?or should i wait for this 6 hours? [2016-10-29 14:37:20] rapidtrades : 1000 ZEC is setting the bar rly high like Rado said [2016-10-29 14:37:55] rapidtrades : it's already at 5k in BTC [2016-10-29 14:38:09] rapidtrades : the 24h volume [2016-10-29 14:38:46] Rado : volume should be measured in BTC [2016-10-29 14:38:58] Rado : then it doesn't matter what the price of the shitcoin is [2016-10-29 14:39:20] arougkalos : is there any possibility that this value of the xbt will stay here instead of going to current value?(like 714 right now?) [2016-10-29 14:39:22] rapidtrades : if it keeps going up we may never hit 1000 in ZEC [2016-10-29 14:39:50] Rado : arougkalos: the price here is marked based on two exchanges only [2016-10-29 14:40:03] Rado : Bitstamp and OK-Coin USD [2016-10-29 14:40:20] Rado : if you see the price on these exchanges you will see that the price here is the same [2016-10-29 14:40:38] arougkalos : Rado: ohhhhhh!now i get it......thnx bro!my head was ready to explode [2016-10-29 14:42:21] arougkalos : and one more thing if you can help also...now i am paying fees for 0.3btc.is there any possibility to understand correct and it says that i will not have this cal if i am closing my position every 8- hours? [2016-10-29 14:42:22] lockhedge : Rado: there's only 27 ZEC on the ask side of Polo's order book vs. 79 here, so it's still much cheaper to manipulate the spot price [2016-10-29 14:43:00] Rado : lockhedge: manipulation of the price happens even with BTC [2016-10-29 14:43:06] Rado : so that's not a good reason [2016-10-29 14:43:23] Rado : it trades as good as it will [2016-10-29 14:43:27] lockhedge : that's the reason to select a mark method [2016-10-29 14:43:44] Rado : lockhedge: there is no better exchange to mark it to [2016-10-29 14:44:09] Rado : your argument basically says that we shouldn't have a ZEC contract [2016-10-29 14:44:13] Rado : that I will agree with [2016-10-29 14:44:24] Rado : if you are going to have it then mark it to the exchanges [2016-10-29 14:44:34] +1 : arougkalos: If you go long and the funding rate is positive: you pay. If you go long and the funding rate is negative: you receive [2016-10-29 14:45:21] lockhedge : Rado: futures can't be marked directly to spot anyway, so it would be mainly marked to the impact mid price, not spot even if you include Poloniex now [2016-10-29 14:45:44] arougkalos : +1: thnak you too :) [2016-10-29 14:46:20] Rado : lockhedge: do you agree you can't have a future that is not marked to anything? [2016-10-29 14:46:33] rapidtrades : apparently u can [2016-10-29 14:46:41] rapidtrades : BITMEX where dreams come true [2016-10-29 14:47:10] rapidtrades : also they said it will use an index [2016-10-29 14:47:13] +1 : arougkalos: If you go long and the price stall, and the funding rate is positive: you are making a loss -- because you got to pay. [2016-10-29 14:47:19] rapidtrades : well polo has the lowest price....kraken is at 9 [2016-10-29 14:48:07] miramm1115 : Rado: futures on liquid markets are marked to last [2016-10-29 14:48:16] lockhedge : Rado: it's marked to last price and that makes sense for the market with the most liquid order book [2016-10-29 14:48:57] rapidtrades : THIS MARKET HAS NO ZEC [2016-10-29 14:48:58] rapidtrades : FFS [2016-10-29 14:49:03] arougkalos : +1: ok i get it now!!thank you.but if the price is connected with two excahnges wichone is choosed?a combination of both?okcoin is very high and bitstamp very low [2016-10-29 14:49:04] rapidtrades : it trades BTC [2016-10-29 14:49:10] rapidtrades : there is 0 zec lqiudity here [2016-10-29 14:49:22] rapidtrades : no ZEC deposists [2016-10-29 14:49:40] arougkalos : woodchipper??hahah ok coin i mean [2016-10-29 14:50:24] +1 : arougkalos: You can't choose. It is determined by BitMEX [2016-10-29 14:51:05] arougkalos : :D [2016-10-29 14:51:26] +1 : arougkalos: https://www.bitmex.com/app/index/.XBT https://www.bitmex.com/app/fairPriceMarking [2016-10-29 14:51:46] arougkalos : you are the best ;) [2016-10-29 14:51:58] arougkalos : thank you for your time and good luck ;) [2016-10-29 14:53:04] +1 : arougkalos: you are welcome. and to you all the best. [2016-10-29 14:53:09] Boontjie : Shorting time [2016-10-29 14:53:14] Boontjie : BTC retrace incoming [2016-10-29 14:55:36] javierstone : u wish [2016-10-29 14:56:15] aethlios : Boontjie: don't short. [2016-10-29 14:57:14] +1 : aethlios: i did [2016-10-29 14:57:17] +1 : oh shit [2016-10-29 14:57:27] +1 : lol [2016-10-29 14:57:37] kogroken : explosion [2016-10-29 14:57:40] arougkalos : Boontjie: you know what you are talking about bto ! [2016-10-29 14:57:44] arougkalos : hahah [2016-10-29 14:57:46] REKT : Liquidated short on `XBTUSD`: Buy 17548 @ 712.50 [2016-10-29 14:57:52] aethlios : +1: wrong, they wont let you get out. [2016-10-29 14:58:12] Rado : Boontjie: retrace up? [2016-10-29 14:58:13] Rado : lol [2016-10-29 14:58:22] +1 : aethlios: made a mistake man [2016-10-29 14:58:50] +1 : aethlios: you think it will go down for a while? [2016-10-29 14:58:54] arougkalos : +1: :/ sorry bro [2016-10-29 14:58:57] +1 : or should i close? [2016-10-29 14:59:16] CaptainDean : +1: never trade based on someone lese opinion [2016-10-29 14:59:17] rapidtrades : hey bitmex...didn't u MM make enough $$$ margining longs to recoup the losses? [2016-10-29 14:59:29] CaptainDean : +1: you should take your own decision always [2016-10-29 14:59:31] aethlios : +1: please don't ask, i said my general view before [2016-10-29 15:00:05] rapidtrades : do the right thing and mark to market [2016-10-29 15:00:32] +1 : CaptainDean: Hear2. [2016-10-29 15:00:38] rapidtrades : a cash-settled market must have an index to tether it...this is pure madness [2016-10-29 15:00:55] +1 : Thanks @aethlios [2016-10-29 15:00:57] Gemz : when getting adld, will the system get u out at market price? [2016-10-29 15:01:21] rapidtrades : yes [2016-10-29 15:02:10] Yazz : Are FCT futures tradeable here? [2016-10-29 15:02:18] Rado : Yazz: yes [2016-10-29 15:02:38] aethlios : most people will do the mistake to sell to 1000 and miss the bull market [2016-10-29 15:02:43] Yazz : Rado: CAn you pls provide a link? [2016-10-29 15:02:46] lockhedge : Gemz: no [2016-10-29 15:03:06] Rado : https://www.bitmex.com/app/trade/FCTXBT [2016-10-29 15:03:11] rapidtrades : BIT ''We didn't think ZEC will go over 10'' MEX [2016-10-29 15:03:40] rapidtrades : my names suck [2016-10-29 15:03:40] Yazz : Rado: got it. thanks. I didn't look closely. [2016-10-29 15:03:44] rapidtrades : capMEX [2016-10-29 15:04:27] Boontjie : just a short blip it will come down :) [2016-10-29 15:05:02] numero : rapidtrades: that one made me lol [2016-10-29 15:05:03] rapidtrades : Just a short blip, he said [2016-10-29 15:05:12] rapidtrades : It will come down, he said [2016-10-29 15:05:23] Rado : Boontjie: don't fight the trend [2016-10-29 15:05:24] rapidtrades : numero: capMEX? that wasn't mine [2016-10-29 15:05:31] Boontjie : Massage it [2016-10-29 15:05:47] numero : no the one before that [2016-10-29 15:06:02] rapidtrades : BIT ''We didn't think ZEC will go over 10'' MEX ? [2016-10-29 15:06:13] numero : that's the one [2016-10-29 15:06:42] Boontjie : The sad thing is the open value of ZEC 200 btc, it was 0.5 Zec on open [2016-10-29 15:06:42] rapidtrades : i like it but it's a mouthful [2016-10-29 15:06:47] Boontjie : Good arbitrage there [2016-10-29 15:07:12] rapidtrades : Boontjie: we're 80% below polo [2016-10-29 15:07:26] rapidtrades : how's that for arbitrage [2016-10-29 15:07:30] Rado : did ZEC start trading at Kraken and Bitfinex? [2016-10-29 15:07:34] aethlios : zec spot dump soon, i am dumping 20,000 hacked coins. [2016-10-29 15:07:39] rapidtrades : Kraken at 9 [2016-10-29 15:07:46] rapidtrades : aethlios: good [2016-10-29 15:07:57] Boontjie : rapidtrades: There is actually arb opportunity now [2016-10-29 15:08:03] lockhedge : rapidtrades: why do you believe that ZEC will be worth more than 1 btc (or even 10) in 2 month? [2016-10-29 15:08:06] Boontjie : given zec doesnt pump above 10 again [2016-10-29 15:08:31] Rado : lockhedge: exactly the point [2016-10-29 15:08:44] Rado : we don't think it will so we want the opportunity to short at 6-7 [2016-10-29 15:08:51] Rado : we can't because here the price is 1 [2016-10-29 15:08:53] aethlios : lockhedge: he is a hippie dreamer. [2016-10-29 15:08:57] Rado : that's the whole problem [2016-10-29 15:09:14] rapidtrades : market is at 6....ur just shifting BTC here [2016-10-29 15:09:20] rapidtrades : there is no actual ZEC [2016-10-29 15:09:28] rapidtrades : what u see on polo is the price [2016-10-29 15:09:47] Rado : since you can't short ZEC anywhere else on an exchange [2016-10-29 15:10:09] rapidtrades : technically u can sell on polo [2016-10-29 15:10:13] rapidtrades : just not naked [2016-10-29 15:10:18] Rado : that is the advantage of BitMEX [2016-10-29 15:10:22] chromaticcr1 : rapidtrades: ask someone to lend you shitload of ZEC for 0% interest, [2016-10-29 15:10:30] zcasher7777 : hello everyone zcash return to normal hhhh [2016-10-29 15:10:38] chromaticcr1 : and say you will pay them back at December [2016-10-29 15:10:44] chromaticcr1 : I'l wait for your quote [2016-10-29 15:10:51] zcasher7777 : from 10 to 1.19 [2016-10-29 15:11:16] rapidtrades : its 6 on polo newb [2016-10-29 15:11:18] CaptainDean : from capMEX you mean ;-) [2016-10-29 15:12:14] rapidtrades : at least okc capped the premium to the index...here they capped the price....and they did it one-way [2016-10-29 15:12:20] rapidtrades : what a disgrace [2016-10-29 15:12:44] lockhedge : Rado: everyone would love to short a ZEC at 6 btc [2016-10-29 15:12:59] lockhedge : rapidtrades: there is a minimum price as well [2016-10-29 15:13:09] Rado : lockhedge: then lets make it happen [2016-10-29 15:13:18] Rado : the volume will shoot up again [2016-10-29 15:13:20] rapidtrades : what is the min price? 0? @lockhedge [2016-10-29 15:14:23] Tetsuo : 1.000000003 [2016-10-29 15:14:28] lockhedge : rapidtrades: $15 iirc [2016-10-29 15:14:51] rapidtrades : lockhedge: ur not funny [2016-10-29 15:14:55] Wojti : hi [2016-10-29 15:15:27] Wojti : why on e.g bittrex the price is 6 btc and here is 1.1? [2016-10-29 15:15:43] rapidtrades : because capMEX capped the price [2016-10-29 15:15:48] REKT : Liquidated short on `XBTUSD`: Buy 5000 @ 714.29 [2016-10-29 15:15:53] REKT : Liquidated short on `XBTUSD`: Buy 16300 @ 714.40 [2016-10-29 15:15:53] mjmj83 : No, because it's a future. People expect the price to drop. [2016-10-29 15:15:58] REKT : Liquidated short on `XBTUSD`: Buy 2377 @ 714.72 [2016-10-29 15:16:04] REKT : Liquidated short on `XBTUSD`: Buy 2899 @ 715.08 [2016-10-29 15:16:04] REKT : Liquidated short on `XBTUSD`: Buy 28000 @ 715.16 **MEGA-REKT** :boom: [2016-10-29 15:16:04] REKT : Gentlemen, we have an eREKTion! [2016-10-29 15:16:04] mjmj83 : And it will before 30 dec. [2016-10-29 15:16:10] rapidtrades : shorters know it can't go above 10 so they max sell with price right above it [2016-10-29 15:16:15] rapidtrades : mjmj83: no dummy [2016-10-29 15:16:31] rapidtrades : it's a one way bet [2016-10-29 15:16:35] Boontjie : The REKT bot is not funny [2016-10-29 15:16:38] mjmj83 : rapidtrades: Why do you think BTC-futures are trading above spot? [2016-10-29 15:16:42] Boontjie : -_- [2016-10-29 15:16:56] rapidtrades : mjmj83: are futures trading 80% above spot? u dummy? [2016-10-29 15:16:59] lockhedge : rapidtrades: https://en.wikipedia.org/wiki/Normal_backwardation [2016-10-29 15:17:13] rapidtrades : lockhedge: im done with this chat [2016-10-29 15:17:33] rapidtrades : u can't argue with stupid [2016-10-29 15:17:58] laisee : u can. happens all the time. [2016-10-29 15:18:05] Rado : rapidtrades: lets get a beer [2016-10-29 15:18:17] rapidtrades : laisee: yeah it's happening right now [2016-10-29 15:18:19] Rado : here is still 8 AM [2016-10-29 15:18:32] Wojti : ok i understand ;) so in 2017 the price probably would be around 1 BTC no 6-7 like now :) [2016-10-29 15:18:37] laisee : beers on me. [2016-10-29 15:18:59] CaptainDean : weeds on me [2016-10-29 15:19:04] Rado : Wojti: in 2017 it will be 0.25 BTC [2016-10-29 15:19:07] REKT : Liquidated long on `XMR7D`: Sell 450 @ 0.005851 [2016-10-29 15:19:18] laisee : Wojti: in any sane world, yes. [2016-10-29 15:19:31] rapidtrades : Wojti: u haven't understood shit [2016-10-29 15:19:54] Rado : 725 [2016-10-29 15:20:01] laisee : how much do these trading lessons cost? [2016-10-29 15:20:12] Boontjie : ok im closing the short, clearly I am wrong [2016-10-29 15:20:15] Rado : @Boontjie as I said retrace will be up [2016-10-29 15:20:44] Rado : Boontjie: just a little early [2016-10-29 15:20:44] Wojti : ok sorry, i know what you mean ;) [2016-10-29 15:20:53] Rado : there will be a retrace eventually [2016-10-29 15:21:07] Boontjie : Rado: Yeah yeah, just give me some time to grieve [2016-10-29 15:21:20] Boontjie : This fool and his money has been parted [2016-10-29 15:21:29] Rado : :( [2016-10-29 15:21:37] Rado : stops will do the trick [2016-10-29 15:21:44] aethlios : zecbtc best short in history [2016-10-29 15:21:46] Boontjie : Rado: It was one [2016-10-29 15:21:47] jesperf : beer helps too [2016-10-29 15:21:49] Rado : I know it's a bad feeling, but they work when you are wrong [2016-10-29 15:22:11] Boontjie : This has been the fastest turnaround on my position ever [2016-10-29 15:22:11] AudibleScience : what is the deal with the lag!? [2016-10-29 15:22:17] Boontjie : Enter short, market rockets [2016-10-29 15:22:33] daveberns1 : mark prices and PNL seems to be stuck on some contracts [2016-10-29 15:22:38] jesperf : exit short, market retraces.. [2016-10-29 15:22:43] Tetsuo : Boontjie: hold onto them [2016-10-29 15:22:47] Boontjie : jesperf: dont do that [2016-10-29 15:22:53] zcasher7777 : on poloniex 1zec is 4300dollar [2016-10-29 15:22:57] aethlios : find a retrace to go long [2016-10-29 15:22:57] zcasher7777 : is it normal yhhhhhhhhhhhhh [2016-10-29 15:23:09] Boontjie : We have ascending RSI with that last jump [2016-10-29 15:23:20] Boontjie : Do you want me to get liquidated [2016-10-29 15:23:33] Rado : coinmarketcap did not add Zcash yet [2016-10-29 15:23:49] numero : aethlios: can zec be traded on margin anywhere yet? [2016-10-29 15:23:53] Tetsuo : lololol@XBTZ16 [2016-10-29 15:23:59] aethlios : numero: only here [2016-10-29 15:24:02] Tetsuo : 400 Dollar discount [2016-10-29 15:24:06] jesperf : was surprised to see kraken jump on zcash on day 1 [2016-10-29 15:24:23] numero : aethlios: ok, was looking last night atwhen it was still 15 [2016-10-29 15:24:43] sleger : Tetsuo: oh wow [2016-10-29 15:25:08] aethlios : 30 dec. will have 330,000 coins, now has 326 [2016-10-29 15:25:10] javierstone : 725 on coinbase [2016-10-29 15:26:15] Tetsuo : 325 on Bitmex [2016-10-29 15:26:17] kogroken : So what just happened on XBTZ16? [2016-10-29 15:26:46] Tetsuo : it´s a future, everyone knows it will drop to 300 by dec. 30 [2016-10-29 15:27:18] Boontjie : kogroken: Someone tried to liquidate everyone [2016-10-29 15:27:26] blacktuesday : wtf was that [2016-10-29 15:27:33] Boontjie : or fatfingered 30K [2016-10-29 15:27:41] Tetsuo : it was only for ~50 contracts, maybe a glitch [2016-10-29 15:27:54] kogroken : 318 lowest price? [2016-10-29 15:28:08] sleger : i thought bitmex introduced a 350$ cap on bitcoin [2016-10-29 15:28:19] rapidtrades : lol [2016-10-29 15:28:23] blacktuesday : should have had some low bids [2016-10-29 15:28:26] chromaticcr1 : okcrap got a liquidation of 1.5kBTC lol [2016-10-29 15:28:26] Boontjie : kogroken: lowest bid [2016-10-29 15:28:33] Boontjie : the orderbook was cleared [2016-10-29 15:28:38] kogroken : Not anymore. [2016-10-29 15:28:39] Boontjie : bidbook [2016-10-29 15:28:49] Boontjie : took a few seconds [2016-10-29 15:28:53] kogroken : placing $1 bid, if this is the game we are playing [2016-10-29 15:28:54] Boontjie : I longed there [2016-10-29 15:29:02] Tetsuo : there was a short squeeze for about >4k contracts @ quarterlys @okc [2016-10-29 15:29:04] Boontjie : cheap btc on futures [2016-10-29 15:29:23] zcasher7777 : on poloniex zec is satble at 6btc [2016-10-29 15:30:15] rapidtrades : no shit....it's been above 6 for 12 hrs now [2016-10-29 15:30:17] Boontjie : zcasher7777: because it has all been sold [2016-10-29 15:30:21] Boontjie : wait for the miners [2016-10-29 15:30:40] blacktuesday : so why its 1.1btc here? futures predict it to dump further? [2016-10-29 15:30:50] rapidtrades : capMEX [2016-10-29 15:31:03] Boontjie : blacktuesday: thats the theory, but {see rapditrades} [2016-10-29 15:31:13] rapidtrades : i'm right [2016-10-29 15:31:15] blacktuesday : thought it was capped at 10btc yesterday lol [2016-10-29 15:31:16] Gemz : blacktuesday: yea 30 dec fpredicted 1 zec 1 btc as of now [2016-10-29 15:31:39] sleger : the cap is at 2 now @blacktuesday [2016-10-29 15:31:48] blacktuesday : thxs for info [2016-10-29 15:31:49] Greg_Colbourn : blacktuesday: basically because there will be 1000x more on the market on Dec 30. Supply and demand. rapidtrades pretends that he doesn't know this [2016-10-29 15:31:52] Boontjie : sleger: serious? [2016-10-29 15:31:56] Gemz : those who bought cloud mining contract are rekt for zec [2016-10-29 15:32:03] sleger : Boontjie: try to buy above 2 you will see [2016-10-29 15:32:13] Boontjie : sleger: maybe on testnet [2016-10-29 15:32:21] sleger : Boontjie: no cap on testnet [2016-10-29 15:32:30] Boontjie : I am staying away from ZEC, I dont understand it [2016-10-29 15:33:45] rapidtrades : he's lying i just placed one at 3 [2016-10-29 15:34:03] Greg_Colbourn : ZEC is different to all other altcoins in that it started trading when there was 0 supply (no premine, and trading started at launch). Predictable that the price would go ridiculously high and then crash [2016-10-29 15:34:10] rapidtrades : f off [2016-10-29 15:34:13] numero : I am staying away from tulips [2016-10-29 15:34:15] chromaticcr1 : ** STOP FEEDING TROLLS** [2016-10-29 15:34:37] rapidtrades : cash-settled futures must use an index....otherwise it's just a scam [2016-10-29 15:34:43] rapidtrades : at least rename it to zcrap [2016-10-29 15:34:48] rapidtrades : this is a joke [2016-10-29 15:35:01] jordy : hi, bitmex...my sell order is stopped at 718.07 but day high is 715.75... why you cheat your clients? [2016-10-29 15:35:09] rapidtrades : 1. use index 2. or just me my ZEC on dec 31 [2016-10-29 15:35:10] zcasher7777 : Boontjie: so in bitmex they are more volume than in poloniex? [2016-10-29 15:35:18] sleger : jordy: for money obviously [2016-10-29 15:35:18] chromaticcr1 : rapidtrades: what trigger are you on [2016-10-29 15:35:19] rapidtrades : 2. give me ZEC [2016-10-29 15:35:25] Boontjie : zcasher7777: no [2016-10-29 15:35:25] rapidtrades : that was 2 [2016-10-29 15:35:28] Boontjie : the other way [2016-10-29 15:35:30] Smartass : Greg_Colbourn: that theory got me margin called yesterday. Its true and i believe it but very problematic for trading futures.... [2016-10-29 15:35:50] zcasher7777 : Boontjie: poloniex have more [2016-10-29 15:35:53] chromaticcr1 : jordy: is it last, mark or index, they are different [2016-10-29 15:36:01] Smartass : 2 outlier ticks and your are gone... [2016-10-29 15:36:05] Boontjie : zcasher7777: yes [2016-10-29 15:36:19] jordy : XBT perpetual swap [2016-10-29 15:36:25] zcasher7777 : Boontjie: so real money from the begining was in poloniex [2016-10-29 15:36:25] jordy : chromaticcr1: [2016-10-29 15:36:51] jordy : hi, bitmex...my sell order is stopped at 718.07 but day high is 715.75... why you cheat your clients? [2016-10-29 15:37:00] Greg_Colbourn : Smartass: yeah, obviously shorters aren't immune to manipulators, and the many idiots who seem to be treating the futures contract as directly comparable to the spot price on day 1 under extreme low supply conditions [2016-10-29 15:37:14] chromaticcr1 : jordy: go to order history, look at your stop price, put your mouse over it, there should be a message that "set trigger on ???? price" [2016-10-29 15:37:49] rapidtrades : sleger: unlike the time when mex screwed u...yday .right after the cap prices crashed here [2016-10-29 15:38:02] numero : why is my ADL risk so high now? I brought way more btc with me today? [2016-10-29 15:38:04] rapidtrades : if u remember when they screwed u premiums stayed high for days after [2016-10-29 15:38:06] chromaticcr1 : you probably set it on mark price. you should probably find support@bitmex.com if you really think shit have gone wrong [2016-10-29 15:38:10] rapidtrades : u just panicked like a lil girl [2016-10-29 15:38:27] Boontjie : zcasher7777: Yeah, but the total volume to date is higher in bitmex [2016-10-29 15:38:31] rapidtrades : so im right like usual [2016-10-29 15:38:32] jesperf : lil boys get panicky too [2016-10-29 15:38:41] Boontjie : The problem is the open interest is 20 times less than volume [2016-10-29 15:38:53] Boontjie : It means people are speculating insanely [2016-10-29 15:39:48] zcasher7777 : Boontjie: in this insanity market i think the best to do is to wait [2016-10-29 15:39:55] sleger : rapidtrades: you arguing with yourself again? [2016-10-29 15:40:12] rapidtrades : sleger: im arguing with u frenchie [2016-10-29 15:40:22] jordy : I must be screwed....my liq price is 714.4 and executed at 718.07 and I have seen this price even in 1 minuter chart [2016-10-29 15:40:22] sleger : im not sure about what though [2016-10-29 15:40:22] orly : zcasher7777: yep, wait for kraken or some other exchange to add proper margin trading [2016-10-29 15:40:59] rapidtrades : sleger: well u said above my theory about low ZEC prices was wrong [2016-10-29 15:41:09] Boontjie : zcasher7777: yes there is no shorting, so no arbitrage [2016-10-29 15:41:14] sleger : rapidtrades: did i ? [2016-10-29 15:41:40] rapidtrades : ppl actually came in here and said they shorted because of that cap...with a liq price right above [2016-10-29 15:41:59] sleger : rapidtrades: makes sense [2016-10-29 15:42:02] rapidtrades : AND they demanded more perks like adding limits [2016-10-29 15:42:19] rapidtrades : cos they can margin more lol [2016-10-29 15:42:38] sleger : never disagreed with that [2016-10-29 15:42:56] EA_FTW : Interesting - there are only actually 125BTC chasing ZEC at prices above the price here. Most traders on Polo are sensible afterall.. [2016-10-29 15:43:47] aethlios : add limits, caps and floors and always have your seat belt on. [2016-10-29 15:44:48] numero : is ASL risk greater when short? [2016-10-29 15:44:54] numero : *ADL [2016-10-29 15:44:58] orly : EA_FTW: I don't think the price here reflects the expected end of year price at all, just a weird mix of expected price + distrust of capmex [2016-10-29 15:46:17] rapidtrades : sleger: hmmm my mistake [2016-10-29 15:46:29] rapidtrades : it was prolly that Boontijie guy [2016-10-29 15:47:15] Boontjie : rapidtrades: You said my name [2016-10-29 15:47:49] rapidtrades : Boontjie: yea u suck [2016-10-29 15:48:14] Boontjie : My feelings bro, they dont hurt [2016-10-29 15:48:19] Boontjie : :) [2016-10-29 15:48:21] Smartass : @Greg_Colbourn: yeah with the low liquidity and marking with last price your are very vulnerable indeed [2016-10-29 15:48:42] REKT : Liquidated long on `XBTUSD`: Sell 23000 @ 713.71 **MEGA-REKT** :boom: [2016-10-29 15:49:13] REKT : Liquidated long on `XBTUSD`: Sell 344 @ 711.56 [2016-10-29 15:49:22] REKT : Liquidated long on `XBTZ16`: Sell 37 @ 743.85 [2016-10-29 15:49:22] REKT : Liquidated short on `ETC7D`: Buy 3 @ 0.001314 [2016-10-29 15:49:32] REKT : Liquidated long on `XBTZ16`: Sell 1000 @ 743.06 [2016-10-29 15:49:52] REKT : Liquidated long on `XBTUSD`: Sell 50 @ 707.97 [2016-10-29 15:49:52] REKT : Liquidated long on `XBTUSD`: Sell 75112 @ 709.25 **EPIC REKT** :unamused: :confounded: :astonished: [2016-10-29 15:49:52] REKT : Liquidated long on `XBTUSD`: Sell 2 @ 708.43 :punch: :whale: [2016-10-29 15:50:10] Smartass : does somebody know what happens when you get margin called. Does the engine actually buy (closing short) the futures contracts. There asome specialties here on bitmex so maybe here too...