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.
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[2015-10-15 07:58:59] BitMEX_Arthur : Something I found interesting
[2015-10-15 08:05:39] lockhedge : wow 5013 XBT 24h turnover on XBT24H, congratulations Arthur, Wally and Sam :)
[2015-10-15 08:09:57] BitMEX_Wally : :)
[2015-10-15 08:26:54] macios15 : double top, head and shoulders pattern? let the dump begin
[2015-10-15 08:27:38] BitMEX_Arthur : My feeling exactly
[2015-10-15 08:27:44] BitMEX_Arthur : i think we go to 248-250
[2015-10-15 08:27:52] BitMEX_Arthur : resume pump Sunday or Monday
[2015-10-15 08:29:01] macios15 : https://www.youtube.com/watch?v=bNPJuJSVmNA
[2015-10-15 08:38:03] macios15 : was any flash crashes in history of this site?
[2015-10-15 08:39:09] BitMEX_Wally : macios15: No, we do not allow liquidations to trigger more liquidations
[2015-10-15 08:39:35] BitMEX_Wally : We use the TradeBlock XBX index which is a smoothed average of all the major exchange prices
[2015-10-15 08:39:42] macios15 : great
[2015-10-15 10:55:05] AudibleScience : do you think we'll go back down a bit before the daily settling ?@BitMEX_Arthur
[2015-10-15 11:19:10] AudibleScience : While I think about it, what happens to a short position at the time of the daily settling of XBT24H?
[2015-10-15 11:20:38] BitMEX_Wally : AudibleScience: The same as what happens to long positions
[2015-10-15 11:21:37] AudibleScience : does it make any difference if I take care of it myself before the time?
[2015-10-15 11:23:06] BitMEX_Wally : There's the difference in price
[2015-10-15 11:23:42] BitMEX_Wally : You can either wait until settlement and it will be closed out at the settlement price, or you can close it out yourself in whatever price you can get in the order book.
[2015-10-15 11:24:25] cengel : and you can avoid taker fee at settlement if you get filled making preclose
[2015-10-15 11:25:21] BitMEX_Wally : cengel: Good point
[2015-10-15 11:38:16] AudibleScience : Does it always settle right at 13:00, and is there any way for me to convert a position to another contract type that will not settle in less than 30 mins?
[2015-10-15 11:39:16] AudibleScience : Those are probably really stupid questions I know...
[2015-10-15 11:40:05] BitMEX_Wally : `XBT24H` settles every day at 12:00 UTC
[2015-10-15 11:40:21] BitMEX_Wally : You could open a position in `XBT7D` which settles every Friday 12:00 UTC
[2015-10-15 11:43:54] cengel : sunday we have a time shift DST
[2015-10-15 11:44:30] BitMEX_Wally : Yeah, the frontend will show local time in your browser
[2015-10-15 11:49:03] BitMEX_Wally : BitMEX has overtaken OKCoin.com and Coinbase in exchange volume: http://exchangewar.info/#bitmex
[2015-10-15 11:51:11] jung1 : woodchipper? never heard about this
[2015-10-15 11:52:04] BitMEX_Wally : OK_Coin
[2015-10-15 11:52:17] BitMEX_Wally : We do not allow swear words in this troll box
[2015-10-15 11:52:28] BitMEX_Wally : Like f*ck or OKC**n
[2015-10-15 11:53:35] jung1 : +1
[2015-10-15 12:01:01] lockhedge : :)
[2015-10-15 12:01:31] cengel : if you make 500x maybe you reach top 3
[2015-10-15 12:02:36] loke : BitMEX_Wally: Is it possible to download ones entire trading history?
[2015-10-15 12:03:52] BitMEX_Wally : cengel: I like your thinking
[2015-10-15 12:04:41] BitMEX_Wally : loke: https://www.bitmex.com/app/tradeHistory
[2015-10-15 12:04:58] AudibleScience : 500x would be amazing !
[2015-10-15 12:05:09] BitMEX_Wally : loke: This might be limited to 100 rows, the API will give you more
[2015-10-15 12:05:31] loke : Ah, yeah that was the issue/
[2015-10-15 12:05:36] loke : Many thanks
[2015-10-15 12:07:35] gaoMex : Why is OKC*in known as woodchipper?
[2015-10-15 12:09:03] BitMEX_Wally : <img src="http://i.imgur.com/t0Pw9AN.png">
[2015-10-15 12:09:10] BitMEX_Wally : http://i.imgur.com/t0Pw9AN.png
[2015-10-15 12:09:28] jung1 : gaoMex: zero fees
[2015-10-15 12:10:32] BitMEX_Wally : They are not zero fees for futures
[2015-10-15 12:12:54] gaoMex : I do see a lot of wash trading going on to the extent of being ridiculous, like 50,000 BTC within a minute.
[2015-10-15 12:13:50] gaoMex : There's obviously market makers too, though is it OKC*in themselves or third-party, no one really knows.
[2015-10-15 12:14:15] cengel : according to their former CTO it is both
[2015-10-15 12:14:59] gaoMex : I agree also that their former CTO was REKT.
[2015-10-15 12:15:20] cengel : theyre known as woochipper because look at how their futures move compared to spot
[2015-10-15 12:15:38] cengel : and they seem to always push to big margin calls
[2015-10-15 12:16:14] cengel : you get exaggerated whipsaws that dont happen on spot
[2015-10-15 12:16:46] gaoMex : and their API always freeze when there is big movement.
[2015-10-15 12:19:11] gaoMex : the problem is no one has concrete evidence.
[2015-10-15 12:19:11] jung1 : whats your prediction about btc price? I think we have still some space to grow
[2015-10-15 12:20:10] cengel : i disagree. an ex-employee at C level is concrete evidence
[2015-10-15 12:20:43] jung1 : source?
[2015-10-15 12:20:54] gaoMex : Yes, that's a big red flag.
[2015-10-15 12:21:24] cengel : https://www.reddit.com/r/Bitcoin/comments/37tm1b/czs_statement_regarding_the_dispute_between/
[2015-10-15 12:21:44] cengel : if this is new to you, grab some popcorn and enjoy
[2015-10-15 12:21:50] gaoMex : I'm really grateful to BitMEX for offering alternative, else traders really have no choice but to continue on OKC*in.
[2015-10-15 12:22:40] BitMEX_Wally : We'll be launching Chinese language support soon
[2015-10-15 12:22:52] gaoMex : jung1: I reference https://blockchain.info/charts/market-cap?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=
[2015-10-15 12:23:19] gaoMex : The rally is just starting.
[2015-10-15 12:23:37] cengel : or just ending
[2015-10-15 12:23:57] jung1 : yeah
[2015-10-15 12:24:08] jung1 : bitcoin will be worthless or worth a lot
[2015-10-15 12:24:18] gaoMex : cengel: My time frame is over several months.
[2015-10-15 12:24:21] cengel : no i see 200 as floor
[2015-10-15 12:25:48] jung1 : I think we have some space to grow now. A lot of investments from finacial sector,new solutions, bts, augur, openledger, all this stuff will add a lot money to bitcoin ecosystem
[2015-10-15 12:37:47] macios15 : we hit 1680 today then, corection
[2015-10-15 12:42:02] gaoMex : If woodchipper is running fractional reserve like Gox, how will it explode? What will be the tell-tale signs?
[2015-10-15 12:42:53] Matthew.v : tell tale signs are USD no longer supported.
[2015-10-15 12:44:46] gaoMex : Matthew.v: explain?
[2015-10-15 12:47:20] Matthew.v : well 6 months before gox hit the rocks they had USD accounts seized, and subsequemtly stopped USD withdraws
[2015-10-15 12:48:42] gaoMex : I recall other currencies were affected too, save for YEN.
[2015-10-15 12:50:06] gaoMex : China is different from Japan. Can expect people to charge to the office when that happens.
[2015-10-15 13:04:00] cengel : maybe the basis needs tweaking it is a litlte out of step
[2015-10-15 13:04:45] BitMEX_Arthur : cengel: On which contracts?
[2015-10-15 13:05:45] cengel : its not huge, but on V15, H16
[2015-10-15 13:21:05] macios15 : if i hit liquidation price do i lose half of btc or all
[2015-10-15 13:21:22] BitMEX_Arthur : On which contract?
[2015-10-15 13:21:46] macios15 : 7D
[2015-10-15 13:22:26] BitMEX_Arthur : The maintenance margin is 1%
[2015-10-15 13:22:51] BitMEX_Arthur : Say you have a position of 100 Bitcoin, you post 2 Bitcoin of initial margin, when the price drops 1% we liquidate you
[2015-10-15 13:23:01] BitMEX_Arthur : and use the remaining 1% to close out your order
[2015-10-15 13:23:04] BitMEX_Arthur : to avoid a system loss
[2015-10-15 13:24:08] macios15 : so its different then wood chipper
[2015-10-15 13:24:36] macios15 : dont lose 100% just about lest then 50%
[2015-10-15 13:25:16] macios15 : i mean more
[2015-10-15 13:26:43] BitMEX_Wally : OKC*in require 4% initial margin and 1% maintenance margin. We require 2% initial margin and 1% maintenance margin.
[2015-10-15 13:26:59] BitMEX_Wally : So its very similar but you get more leverage
[2015-10-15 13:42:25] jung1 : hey bitmex which android app you recomend to trade on bitmex?
[2015-10-15 13:42:51] BitMEX_Sam : jung1: There aren't any that we know of that support the exchange, but the website itself works well on mobile
[2015-10-15 13:44:08] peasant-wizard : I can second that, the site is beautifully responsive.
[2015-10-15 13:44:25] peasant-wizard : Samsung S5 very pleasant experience
[2015-10-15 13:45:30] BitMEX_Sam : I'm working on some good speed improvements as we speak
[2015-10-15 13:45:41] BitMEX_Sam : So it will get better in the future.
[2015-10-15 13:45:54] jung1 : how many users do you have now?
[2015-10-15 13:46:41] BitMEX_Arthur : jung1: That is not something we disclose publicly, but I can tell you we are growing rapidly
[2015-10-15 13:47:58] peasant-wizard : jung1: You can check out the volume on something like cryptowatch. https://cryptowat.ch/bitmex/xbt-weekly-futures/1day - volume doesn't necessarily = users but...
[2015-10-15 13:48:00] jung1 : good to hear that
[2015-10-15 13:49:14] jung1 : there's a lot of space in crypto ecosystem. We need professional tools
[2015-10-15 13:50:11] jung1 : but futures on bitcoin is still niche. For someone who dont know what it is it sounds like enron 2.0
[2015-10-15 13:51:25] peasant-wizard : This is my first time trading futures. The XBX index sealed the deal
[2015-10-15 13:51:40] BitMEX_Sam : Yeah, XBX is really well run, TradeBlock does a good job with it
[2015-10-15 13:51:48] BitMEX_Wally : Enron was just good old fashioned accounting fraud
[2015-10-15 13:52:50] jung1 : BitMEX_Wally: I know but its quite easy to imagine similarity between trading electricity and magic internet money
[2015-10-15 13:56:10] peasant-wizard : On XBT7D, my realized PNL is tracked through the week, while the Unrealized PNL is my current position? I can go long, short, close and open positions, and that Realized PNL is what I end up with on settlement?
[2015-10-15 13:57:08] BitMEX_Sam : peasant-wizard: We're actually pushing an update to that right now that will make it a little simpler
[2015-10-15 13:57:18] BitMEX_Sam : Will be live in about 5 minutes - then we'll get into a bit more detail
[2015-10-15 13:57:59] peasant-wizard : Very satisfying that most my questions end up like this :)
[2015-10-15 13:58:43] jung1 : hehe 5 min after question there is update. I give you 5 stars for support
[2015-10-15 13:59:09] peasant-wizard : Happened yesterday too
[2015-10-15 14:01:36] macios15 : U could add unrealised PNL/initial margin in %, should look more legibly
[2015-10-15 14:02:12] peasant-wizard : % of what?
[2015-10-15 14:02:37] macios15 : i mean profit
[2015-10-15 14:02:50] BitMEX_Arthur : You mean return on equity?
[2015-10-15 14:03:08] macios15 : yep
[2015-10-15 14:03:27] BitMEX_Arthur : We are working on displaying that, that will be released shortly
[2015-10-15 14:03:48] BitMEX_Sam : What timing. ROE is part of the update deploying in a few minutes.
[2015-10-15 14:04:14] jung1 : and will be also quite helpfull to be able to see value of portfolio in $ in some period of time. On chart for example
[2015-10-15 14:04:56] jung1 : something like overview of wallet. Will be easier to menage all trades
[2015-10-15 14:13:46] peasant-wizard : macios15: There is a % of contract profit in the Order Controls panel, in parentheses next to entry price.
[2015-10-15 14:16:34] BitMEX_Sam : peasant-wizard: Sorry, no, that's not your ROE - that's the difference between your entry price and mark price
[2015-10-15 14:16:42] BitMEX_Sam : Green if it was in your favor, red if not
[2015-10-15 14:16:55] BitMEX_Sam : Please refresh and take a look at the positions panel, ROE is there
[2015-10-15 14:25:01] macios15 : how big is fee and when its paid
[2015-10-15 14:25:15] cengel : love it Sam looks great
[2015-10-15 14:25:22] BitMEX_Arthur : macios15: You mean the fee schedule?
[2015-10-15 14:25:38] macios15 : yep
[2015-10-15 14:25:56] BitMEX_Arthur : https://www.bitmex.com/app/fees
[2015-10-15 14:26:03] BitMEX_Arthur : There is the full schedule
[2015-10-15 14:26:17] macios15 : ty
[2015-10-15 14:27:02] cengel : Sam not be a bugger but do you maybe have an ETA for adding to isolate margin
[2015-10-15 14:27:24] BitMEX_Arthur : You mean customisable margin levels?
[2015-10-15 14:27:40] cengel : yes
[2015-10-15 14:27:47] cengel : Wally said last it was in engine but not yet to API
[2015-10-15 14:28:03] BitMEX_Arthur : We are working on it, can't give a firm ETA but it is the top of our dev list
[2015-10-15 14:28:17] cengel : thanks
[2015-10-15 14:30:03] AudibleScience : is anyone else still expecting a retracement?
[2015-10-15 14:31:35] macios15 : in which scale
[2015-10-15 14:32:27] macios15 : boom some nice buys
[2015-10-15 14:33:13] cengel : Moon always
[2015-10-15 14:33:49] macios15 : boom again
[2015-10-15 14:33:51] AudibleScience : sleep deprivation is affecting my ability to think objectively I think!
[2015-10-15 14:34:06] macios15 : AudibleScience: +1
[2015-10-15 14:35:11] macios15 : love it +35% already and its just starting the rocket
[2015-10-15 14:38:08] peasant-wizard : BitMEX_Sam: Wups, thanks for the correction. Obvious now...
[2015-10-15 14:40:15] AudibleScience : macios15: do you think we'll see 254 again today?
[2015-10-15 14:41:07] peasant-wizard : AudibleScience: The Tradingview chat or Bitcoinmarkets daily might be a better place to ask those questions. I personally hope not but if we do I'll be adding to me long
[2015-10-15 14:42:34] macios15 : it depends if we break 257 probably not
[2015-10-15 14:43:48] peasant-wizard : Getting into oversold territory on lower time frames but I can't deny the 3D / weekly...
[2015-10-15 14:44:17] macios15 : take nov spike, july spike and thats the last resistance
[2015-10-15 14:45:07] macios15 : broked already on couple of exchanges
[2015-10-15 14:46:02] peasant-wizard : Yeah it looks like we broke through. I don't know about a full-on FOMO situation but I could see this just drifting higher and higher
[2015-10-15 14:48:19] macios15 : at 1W stoch rsi we are getin up thats was alwas starting historically small bubble, also we got above 3d bbands nad 3d stoch rsi is not geting down
[2015-10-15 14:49:24] macios15 : i bet we see corection next week to that 1W support like 245-250
[2015-10-15 14:49:32] peasant-wizard : If we do go down I expect it to be harsh - but I've got some fiat waiting for just that occasion
[2015-10-15 14:51:09] macios15 : jea could be brutal, finex longs are huge
[2015-10-15 14:53:57] peasant-wizard : Good luck with your trades! I'm off to my real job hope to come back to profits
[2015-10-15 14:54:46] AudibleScience : Hey thanks man! I just cut my losses and am now long.
[2015-10-15 16:25:30] loke : my chart profit figures are out of whack. sadly.
[2015-10-15 16:27:30] BitMEX_Wally : loke: Which contract?
[2015-10-15 16:27:53] loke : xbtv15
[2015-10-15 16:28:27] BitMEX_Wally : It might be because we now show the original order entry price (before the rebalancing)
[2015-10-15 16:29:29] loke : ok so cumulative p/l since last friday?
[2015-10-15 16:29:53] BitMEX_Wally : For the current open quantity
[2015-10-15 16:30:33] BitMEX_Wally : Check with BitMEX_Sam
[2015-10-15 16:31:35] loke : would it be possible to also show per current "trade" or oscillation past zero exposure?
[2015-10-15 16:36:34] BitMEX_Wally : Your `Realised PNL` now includes any rebalanced PNL
[2015-10-15 16:37:32] j8 : and does the entry price change at rebalance?
[2015-10-15 16:37:48] BitMEX_Wally : It does (for PNL calculations) but I think we now show the old price on the frontend
[2015-10-15 16:38:23] BitMEX_Wally : So `Entry Price` is the original entry price, but some of the pnl may have moved from `Unrealised PNL` to `Realised PNL`
[2015-10-15 16:38:39] aethlios : Hello, your fee structure is nice, but I think that if you keep 0.05% taker fee and change the maker fee to -0.005% (a small rebate), will attract more market makers and reduce bid ask spread.
[2015-10-15 16:38:58] j8 : ok, that makes the most sense
[2015-10-15 16:39:33] BitMEX_Wally : aethlios: The spread on `XBT24H` is currently 8 bps
[2015-10-15 16:39:42] BitMEX_Wally : That's tighter than spot
[2015-10-15 16:43:58] vbmithr : 10K bitcoin is really huge!
[2015-10-15 16:44:08] vbmithr : http://coinmarketcap.com/currencies/bitcoin/#markets
[2015-10-15 16:44:27] vbmithr : If I look at this this would put you above Kraken
[2015-10-15 16:44:31] vbmithr : Am I right?
[2015-10-15 16:45:18] vbmithr : Am I right -> the thing Walter says in "The big lebowksi"
[2015-10-15 16:54:33] BitMEX_Wally : Yes, we above Kraken, Coinbase, BTC-e, itBit
[2015-10-15 16:55:30] BitMEX_Wally : Excluding the Chinese exchanges we are #3 after Bitstamp and Bitfinex
[2015-10-15 16:56:19] Yumi : its great volume is getting big but you should be careful comparing spot exchanges with futures
[2015-10-15 16:56:20] BitMEX_Wally : http://exchangewar.info/#bitmex
[2015-10-15 17:24:54] jung1 : but to be clear. That 11k volume is amount of whole collateral or margin positions?
[2015-10-15 17:25:42] BitMEX_Arthur : leveraged notional
[2015-10-15 17:26:32] BitMEX_Wally : We don't double count buys and sell like some Chinese exchanges...
[2015-10-15 19:46:46] macios15 : we go up again i think
[2015-10-15 19:47:15] macios15 : that triple top did nothing
[2015-10-15 19:53:45] BitMEX_Sam : We just edged out Bitfinex's volume in the last 24hrs, thanks to all our new traders - amazing growth.
[2015-10-15 20:08:54] jung1 : hehe XBT24H chart looks awesome. Same movements in same period of time
[2015-10-15 20:10:36] BitMEX_Sam : Yep, very similar.
[2015-10-15 21:46:55] zebulon303 : Hi, just landed here .... coming from "regular" trading place ... bitfinex, kraken .... feeling a bit lost and confused here .... where should I start to learn ? any tutorial on youtube or other advices ?
[2015-10-15 21:49:14] BitMEX_Sam : Sure, start with our FAQ (https://www.bitmex.com/app/faq) and comparison (https://www.bitmex.com/app/whatsDifferent)
[2015-10-15 21:49:39] BitMEX_Sam : Our CEO did a video a few months ago detailing some basic trades, too. https://www.youtube.com/watch?v=NEMjYgPjQX0
[2015-10-15 21:53:12] zebulon303 : Great, thanks, was just reading the faq
[2015-10-15 22:20:33] cryptokeeper : Hey guys! Any plans for a mobile app?
[2015-10-15 22:20:38] cryptokeeper : or not until down the road?
[2015-10-15 22:24:27] BitMEX_Sam : cryptokeeper: Not for a little while. We'll be dramatically improving performance across the board shortly
[2015-10-15 22:24:39] BitMEX_Sam : That will help mobile site users for a while. But a native app is definitely in the cards.
[2015-10-15 22:24:47] cryptokeeper : cool yeah i am sure there are many other things on the dynamic priority list :)
[2015-10-15 22:24:58] cryptokeeper : good to know
[2015-10-15 22:25:14] cryptokeeper : thx
[2015-10-16 01:24:35] AudibleScience : Are you there @BitMEX_Sam
[2015-10-16 01:28:40] AudibleScience : did you see what happened?
[2015-10-16 01:32:36] BitMEX_Sam : AudibleScience: I suppose not, what are you referring to?
[2015-10-16 01:33:21] AudibleScience : can you see my acc.
[2015-10-16 01:33:58] AudibleScience : Unbelievable eh!
[2015-10-16 01:35:21] AudibleScience : And now... they finally got it working again, although way too late to help avoid this!
[2015-10-16 01:37:29] AudibleScience : Can you see inside my account though?
[2015-10-16 01:39:09] BitMEX_Sam : Yes, we have the ability to do lookups, but it's pretty involved and locked down
[2015-10-16 01:41:30] AudibleScience : Oh, don't worry about it then Sam...
[2015-10-16 01:51:32] AudibleScience : basically, I got into a real equity problem when the market moved against me earlier...
[2015-10-16 01:54:27] AudibleScience : And as you now, the whole thing could have so easily been avoided
[2015-10-16 02:01:41] AudibleScience : know*
[2015-10-16 02:02:55] BitMEX_Sam : Right - sorry to hear about that. Be careful with leverage
[2015-10-16 02:05:46] AudibleScience : yeah... but I have to be careful not to trade when sleep deprived too! lol That's really the killer for me...
[2015-10-16 02:08:16] AudibleScience : leverage is inherently a double edge sword, but it's always the same... a known quantity per se...
[2015-10-16 02:10:30] AudibleScience : But no sleep and the slow and unnoticed evaporation of the ability to make sound rational trading decisions... that's tha real killer man! lol
[2015-10-16 02:11:27] cekseh : Sounds like a great recipe to lose money
[2015-10-16 02:12:15] AudibleScience : exactly @cekseh
[2015-10-16 02:12:27] AudibleScience : very bad indeed!
[2015-10-16 02:27:19] BombaUcigasa : Nice ROE indicator Sam :)
[2015-10-16 02:46:18] hashman : "Due to the low price volatility, we has increased leverage on our daily (XBT24H) and weekly (XBT7D) "
[2015-10-16 02:46:25] hashman : "we has" - we have
[2015-10-16 02:46:27] hashman : typo
[2015-10-16 02:46:47] hashman : and the ROE %is cool
[2015-10-16 03:00:08] BombaUcigasa : I can has leverage
[2015-10-16 03:00:22] BombaUcigasa : wow, 50x weekly
[2015-10-16 03:00:43] uiop : u can has
[2015-10-16 03:24:26] hashman : any one else have issue with the "open positions" tab not updating the mark price and PNL properly - only on XBTV15
[2015-10-16 03:25:07] hashman : nevermind
[2015-10-16 03:25:28] hashman : some temporary lag on my end i think
[2015-10-16 03:25:41] jmahh : hm, had something similar, just refreshed
[2015-10-16 03:26:14] hashman : yeah its intermittent
[2015-10-16 03:26:45] BitMEX_Arthur : What is happening?
[2015-10-16 03:32:12] hashman : on XBTV15 - - My unrealized PNL on open positions tab is not updating. for example very different profit numbers shown on the recent trades chart
[2015-10-16 03:39:49] BitMEX_Arthur : Can you screenshot and send to support@bitmex.com
[2015-10-16 03:43:55] BitMEX_Wally : hashman: Unrealised PNL is calculated using the mark price, which is from the underlying index. Not the last price of the future
[2015-10-16 03:49:07] hashman : that must be it. there's over $2 difference between mark price and last price on xbtv15
[2015-10-16 03:50:17] BitMEX_Wally : Cool. We use the underlying index price for calculating unrealised pnl so that it is not possible to force margin calls or liquidations
[2015-10-16 03:51:36] hashman : the mark price just jumped up
[2015-10-16 03:53:55] hashman : interesting it seems the isolate margin is effectively like a stop loss feature
[2015-10-16 03:55:11] BitMEX_Wally : Yes, but you lose more equity if the system takes over the position
[2015-10-16 03:55:20] BitMEX_Wally : So best to place Stop Limit orders yourself
[2015-10-16 04:00:23] BitMEX_Wally : hashman: I have just checked the code, the Recent Trades Chart shows you 'Total PNL' which is 'Unrealised PNL' + 'Realised PNL'
[2015-10-16 04:00:48] hashman : thats why
[2015-10-16 04:01:01] hashman : makes sense now
[2015-10-16 04:01:36] hashman : thxs
[2015-10-16 04:03:24] hashman : when you say lose more equity when system takes over vs. stop limit order- can you explain why? is it because the system does a market order to liquidate?
[2015-10-16 04:11:46] bobthenager : Hey guys first time being here. What is initial margin for btc?
[2015-10-16 04:12:07] bobthenager : and where can I adjust this if possible
[2015-10-16 04:12:15] bobthenager : thanks
[2015-10-16 04:13:45] BitMEX_Wally : Initial margin is the minimum amount of equity you must put up to open a position
[2015-10-16 04:14:11] BitMEX_Wally : For example, `XBT24H` has a 1% initial margin requirement. So if you have a position with a gross value of 100 XBT you need to have at least 1 XBT in your account.
[2015-10-16 04:14:34] BitMEX_Wally : You can put more in of course. Once the position is open just untick 'Isolate Margin'
[2015-10-16 04:14:43] bobthenager : well nvm i guess, looks like you don't take deposits from US?
[2015-10-16 04:14:54] BitMEX_Wally : Correct
[2015-10-16 04:15:06] bobthenager : Do you know of any exchanges that do?
[2015-10-16 04:22:06] jillhomebrew619 : Ccex
[2015-10-16 05:43:50] macios15 : if we get trought 262 price is gona skyrocket
[2015-10-16 05:47:30] Matthew.v : bobthenager: moon
[2015-10-16 06:36:28] zanza : so realized PNL includes rebalances now?
[2015-10-16 06:36:47] zanza : i guess thats useful to have
[2015-10-16 06:36:58] macios15 : jea i noticed that too
[2015-10-16 06:42:47] BitMEX_Arthur : Fancy $260 today traders?
[2015-10-16 07:00:04] BitMEX_Wally : zanza: Yes, and the Entry Price stays the same after rebalancing too. We figured this would be more intuitive.
[2015-10-16 07:01:18] micmix : BitMEX_Wally: thank you for doing that, I had to use Excel to calculate original entry price!
[2015-10-16 07:06:06] macios15 : do u plan to add that realised PNL will be playable on contract before ending?
[2015-10-16 07:06:25] VanCleef : is there a bitmex daily chart on cryptowatch?
[2015-10-16 07:06:31] VanCleef : wanna watch the 100x action
[2015-10-16 07:09:32] macios15 : lift off
[2015-10-16 07:11:40] BitMEX_Arthur : On TradingView XBT1D
[2015-10-16 07:16:09] macios15 : i must admit that fair price is doing good work
[2015-10-16 07:17:13] BitMEX_Arthur : Thank you, we think it is a good way to stop manipulation of the futures market
[2015-10-16 07:37:56] BitMEX_Arthur : A slow staircase up on XBTCNY
[2015-10-16 08:27:42] BitMEX_Arthur : Zoooom
[2015-10-16 08:28:19] Matthew.v : yehaw
[2015-10-16 08:28:33] Matthew.v : xbtH16 is gonna buy me a vacation.
[2015-10-16 08:28:55] gaoMex : BitMEX_Arthur: You are fortune teller? :)
[2015-10-16 08:29:05] BitMEX_Arthur : I wish
[2015-10-16 08:29:29] BitMEX_Arthur : Matthew.v: I assume you are long?
[2015-10-16 08:29:43] Matthew.v : oh yeah,
[2015-10-16 08:30:06] Matthew.v : I got my baptismal first margin call this week :)
[2015-10-16 08:30:33] SnackyCoins : i think i just did too, a little different than before
[2015-10-16 08:30:56] SnackyCoins : i went to buy out of my short and found myself long instead, i can only conclude that i was mc'd moments before the order (margin was isolated, so)
[2015-10-16 08:31:11] SnackyCoins : but the order isn't in my history
[2015-10-16 08:31:14] Matthew.v : damn son...
[2015-10-16 08:31:31] SnackyCoins : oh it was like 0.08 btc lol
[2015-10-16 08:31:34] Matthew.v : perhaps you over bought and cleared the short
[2015-10-16 08:31:36] SnackyCoins : not even a problem
[2015-10-16 08:31:45] Matthew.v : same for my baptism
[2015-10-16 08:31:56] cengel : its like when you join a gang you get beat up for initiation
[2015-10-16 08:31:57] BitMEX_Wally : SnackyCoins: You can see your full trade history here: https://www.bitmex.com/app/tradeHistory
[2015-10-16 08:31:57] SnackyCoins : but i did notice there was no notification
[2015-10-16 08:32:11] BitMEX_Wally : We send an email on liquidation
[2015-10-16 08:32:18] SnackyCoins : not like when i was getting MC'd and had time to fix it, this was instant
[2015-10-16 08:32:38] SnackyCoins : again no problem, just wondering if there is a ui goof :)
[2015-10-16 08:32:51] BitMEX_Wally : Yeah with 100x contracts you're always too close to liquidation to send a notification
[2015-10-16 08:32:59] Matthew.v : I am still taking baby steps getting accostomed to the UI
[2015-10-16 08:33:07] SnackyCoins : margin isolated worked as i had intended :) ahh yeah that makes sense
[2015-10-16 08:33:27] SnackyCoins : ok yep i see it on that other page
[2015-10-16 08:38:34] macios15 : 1700 and reverse?
[2015-10-16 08:40:19] BitMEX_Arthur : Yeah I think so
[2015-10-16 09:33:49] macios15 : if we pass 1700 and 262 bubble is confirmed
[2015-10-16 09:36:04] kogroken : If I try to add a limit sell at a high price (around 500), while being long, I get the error that it would put my account into margin call. How can this be?
[2015-10-16 09:38:49] macios15 : damn we are soo close to that 1W SAR mark
[2015-10-16 09:39:14] kogroken : Ah, seems like I have to use a close limit instead. But a close limit seems to close the whole position at the specified price, is there a way to only close part of a position at a high price?
[2015-10-16 09:40:42] cengel : with stop limit you can specify quantity
[2015-10-16 09:40:58] macios15 : open some alarm on android device insted, should be no problem if u want to close it at 500
[2015-10-16 09:45:20] macios15 : if u want to close part make oposite order on 500
[2015-10-16 09:45:31] kogroken : cengel: Stop limit gives error message if trying to place a sell order at a high price.
[2015-10-16 09:45:53] cengel : yea any limit order does
[2015-10-16 09:45:59] cengel : when you have isolate on
[2015-10-16 09:46:13] kogroken : cengel: ah, sorry, read limit. Will try stop limit.
[2015-10-16 09:48:48] kogroken : Nope, stop limit did not work either. I don't have isolate margin checked.
[2015-10-16 09:52:01] kogroken : The problem is, I guess, that margin is reserved for sells, even if you already have a sufficiently large position to sell.
[2015-10-16 09:53:04] jung1 : correction or $300?
[2015-10-16 09:53:22] Matthew.v : moon
[2015-10-16 09:53:24] BitMEX_Arthur : I think we will retrace to mid 250s
[2015-10-16 09:53:24] kogroken : So there is no way to create orders to close a part of a position at a specific price (as opposed to creating sell orders)
[2015-10-16 09:57:39] Ontita : "Could not complete order: Too many requests"
[2015-10-16 09:57:51] macios15 : my profit is 66,66 i should close it :D
[2015-10-16 09:58:03] Matthew.v : om nom nom profit!!
[2015-10-16 09:58:18] jung1 : huge buys on huobi
[2015-10-16 09:58:22] Matthew.v : xbth24 has a decent delay before spot market fomos
[2015-10-16 09:58:27] jung1 : china is wake up
[2015-10-16 09:58:44] Matthew.v : no china is walking out of the office
[2015-10-16 09:58:47] Matthew.v : 6pmhere
[2015-10-16 09:59:10] jung1 : 12 in eu
[2015-10-16 09:59:19] jung1 : weekend will be fun
[2015-10-16 09:59:20] macios15 : only stamp can stop us now
[2015-10-16 10:01:27] macios15 : china is going to get that 1W SAR soon
[2015-10-16 10:02:31] jung1 : 1W SAR?
[2015-10-16 10:04:38] macios15 : wisdom setings sar 1W
[2015-10-16 10:09:29] macios15 : china this week volume is close to 1,5mln xbt its even more then botom on 900 cny
[2015-10-16 10:17:57] jung1 : Im going to quit my fulltime jub for XBT24H
[2015-10-16 10:18:30] cengel : that's a great idea
[2015-10-16 10:19:04] jung1 : ( ͡° ͜ʖ ͡°)
[2015-10-16 10:21:17] macios15 : 1750 this week or next what u think?
[2015-10-16 10:26:39] priceaction : next week
[2015-10-16 10:31:17] macios15 : xbt24h is closing by fair price or by orderbook
[2015-10-16 10:31:43] BitMEX_Arthur : The TradeBlock XBX Index
[2015-10-16 10:31:47] gonfalons : Been longing since $238 but keep losing somehow
[2015-10-16 10:32:07] BitMEX_Arthur : https://www.bitmex.com/app/index/.XBT30M
[2015-10-16 10:32:14] Matthew.v : are you getting eaten by fees?
[2015-10-16 10:34:35] gonfalons : Think it's the swings
[2015-10-16 10:39:36] gonfalons : What's the best way to go long while avoiding the short term swings
[2015-10-16 10:45:42] jung1 : buy and hold
[2015-10-16 10:48:14] Matthew.v : dont forget to do it on xbth16
[2015-10-16 10:48:39] Matthew.v : I am finding the premium increasing a little bit every once in a while
[2015-10-16 10:54:27] BitMEX_Arthur : Matthew.v: XBTH16 is undervalued in my opinion
[2015-10-16 10:54:37] BitMEX_Arthur : when the fomo really sets in it's going to rocket up faster than spot
[2015-10-16 10:55:29] Matthew.v : I know, I expect action right near the auction.
[2015-10-16 10:58:08] BitMEX_Arthur : The auction is a non event
[2015-10-16 10:58:10] BitMEX_Arthur : imo
[2015-10-16 10:58:18] BitMEX_Arthur : maybe the first couple had some impact
[2015-10-16 10:58:32] BitMEX_Arthur : but after the price craters 80% from the ath
[2015-10-16 10:58:43] BitMEX_Arthur : they cease to have a negative effect
[2015-10-16 10:59:56] BitMEX_Arthur : T-minus 1 hour until settlement
[2015-10-16 11:00:39] Matthew.v : good to know settlement is 8pm my time.
[2015-10-16 11:01:40] Matthew.v : now, Lets see if I can get another pump before we settle :D
[2015-10-16 11:11:41] macios15 : i think so
[2015-10-16 11:14:54] macios15 : we need to pass 1700 in this hour or we will see corection
[2015-10-16 13:31:49] macios15 : is just me or orderbook is clear
[2015-10-16 13:32:10] Yumi : you cant place orders - "Exchange suspended"
[2015-10-16 13:33:02] kogroken : what's happening?
[2015-10-16 13:33:24] nickhnt : idk
[2015-10-16 13:33:34] cengel : whats going on?
[2015-10-16 13:33:53] cengel : Order could not be submitted: Exchange suspended
[2015-10-16 13:33:55] BitMEX_Sam : We had a blockchain issue, we're resolving
[2015-10-16 13:33:59] BitMEX_Sam : I will update everyone shortly
[2015-10-16 13:34:09] Mangalica : order book looks pretty nuked but it might just be my side
[2015-10-16 13:34:25] cengel : market is moving
[2015-10-16 13:34:57] escalicha : I cant place a order
[2015-10-16 13:35:11] macios15 : nobody can
[2015-10-16 13:35:21] Yumi : exchange has built -in safety system, it probably found discrepancy and kicked in
[2015-10-16 13:36:50] Yumi : it happened before when deposit with many confirmation was reported by block chain explorer as unconfirmed (bug)
[2015-10-16 13:37:32] macios15 : how long dose it take
[2015-10-16 13:37:53] Yumi : I bet Sam will update us asap
[2015-10-16 13:38:27] macios15 : damn happened in worst time
[2015-10-16 13:39:01] escalicha : Free trading for this issue?
[2015-10-16 13:39:20] escalicha : No fees for people with opened contracts!
[2015-10-16 13:39:31] escalicha : yuhuuç
[2015-10-16 13:39:53] smoker : ofc it happened in worst time :)
[2015-10-16 13:42:19] cengel : hijo de puta
[2015-10-16 13:47:20] escalicha : Cengel tranquilo xd
[2015-10-16 13:47:46] escalicha : metete en forobits
[2015-10-16 13:49:19] krach : is the LTC market closed?
[2015-10-16 13:51:02] BitMEX_Sam : krach: all markets are closed for the moment
[2015-10-16 13:51:06] BitMEX_Sam : will update shortly, very sorry for the delay.
[2015-10-16 13:51:39] priceaction : BitMEX_Sam: so what happens to the daily?
[2015-10-16 13:52:12] peasant-wizard : My position closed, I'm in profit, but I don't see it in my order history?
[2015-10-16 13:52:35] peasant-wizard : Ah it's in transaction history
[2015-10-16 13:54:00] krach : ok, is this a post settlment hiccup?
[2015-10-16 13:55:22] macios15 : its working
[2015-10-16 13:55:58] peasant-wizard : Does it show what price I settled at?
[2015-10-16 13:56:33] BitMEX_Sam : We're back online.
[2015-10-16 13:56:52] BitMEX_Sam : Our apologies for the disruption, I'll come back to you soon with a good postmortem.
[2015-10-16 14:01:03] escalicha : Free of fee or someting? maybe 1 day :D!
[2015-10-16 14:28:48] joequant : I assume that I can take the settlement price as the new entry price, correct? Entry price is showing an old price.
[2015-10-16 14:29:12] BitMEX_Arthur : That is your life to date average entry price
[2015-10-16 14:29:23] BitMEX_Arthur : We just changed that yesterday
[2015-10-16 14:30:38] BitMEX_Sam : Yeah, we thought the actual entry price (`avgCostPrice`) was more useful than the rebalance price.
[2015-10-16 14:30:55] BitMEX_Sam : If you're accessing via the API and want the old behavior, use `avgEntryPrice`
[2015-10-16 14:31:32] joequant : So which price should I use to calculate current PnL
[2015-10-16 14:32:45] joequant : Because I was calculating PnL using the rebalance price and then the current market price.
[2015-10-16 14:33:04] BitMEX_Sam : The fields haven't actually changed,
[2015-10-16 14:33:08] BitMEX_Arthur : Are you looking for life to date pnl
[2015-10-16 14:33:12] BitMEX_Sam : We just show `avgCostPrice` on the UI now instead of `avgEntryPrice`
[2015-10-16 14:33:45] joequant : I'm looking for the PnL since the last rebalance.
[2015-10-16 14:35:16] BitMEX_Sam : joequant: That's unrealisedPnl
[2015-10-16 14:36:59] joequant : yup. I just calculate locally so I can mark that with my own prices
[2015-10-16 14:37:26] BitMEX_Sam : Sure. So use the difference between `avgEntryPrice` and `markPrice` to calc that number.
[2015-10-16 15:04:55] macios15 : lift off
[2015-10-16 15:05:19] BitMEX_Sam : Clearly we need a moon emoji
[2015-10-16 15:09:39] laisee : O
[2015-10-16 15:10:30] smoker : add more fuel to the rocket
[2015-10-16 15:17:17] hashman : does realized PNL include the fees?
[2015-10-16 15:17:22] macios15 : if letter is going to get pass 264 we get that 1W SAR up soo even more skyrocketing
[2015-10-16 15:23:24] priceaction : i think btc is going mental in china
[2015-10-16 15:23:56] BitMEX_Sam : hashman: Yes
[2015-10-16 15:24:15] BitMEX_Arthur : I told y'all https://blog.bitmex.com/the-most-important-chart-in-bitcoin/
[2015-10-16 15:24:20] BitMEX_Sam : Fees are already deducted from both realised & unrealised pnl
[2015-10-16 15:24:25] BitMEX_Arthur : Edumacate yourselves :)
[2015-10-16 15:24:34] priceaction : oi oi toldya all:)
[2015-10-16 15:25:07] priceaction : but now it's at a point where a critical mass is reached to grow like yeast again
[2015-10-16 15:25:18] BitMEX_Sam : Happy to see volatility return yet again
[2015-10-16 15:25:20] BitMEX_Sam : Let's hope it's here to stay
[2015-10-16 15:26:25] priceaction : i will include you in my prayers to satoshi
[2015-10-16 15:26:59] priceaction : i'm thinking of setting up an btm in china:)
[2015-10-16 15:29:16] smoker : btc 270 in china
[2015-10-16 15:31:47] aethlios : china should show some love to LTC also...
[2015-10-16 15:32:13] priceaction : smoker: dang
[2015-10-16 15:32:52] macios15 : boom
[2015-10-16 15:32:56] BitMEX_Arthur : Something is going on in China
[2015-10-16 15:33:05] BitMEX_Arthur : PBOC did something
[2015-10-16 15:33:08] macios15 : no resistance
[2015-10-16 15:34:16] priceaction : BitMEX_Arthur: economy coming down for real
[2015-10-16 15:35:01] BitMEX_Arthur : Go China Go
[2015-10-16 15:35:38] macios15 : 157% today jet
[2015-10-16 15:36:39] smoker : what happens when i reach Unrealised PNL (ROE % to 100%?
[2015-10-16 15:36:52] smoker : its green ofc
[2015-10-16 15:37:01] BitMEX_Sam : smoker: You can go over 100%
[2015-10-16 15:37:14] smoker : ok good :)
[2015-10-16 15:37:24] BitMEX_Sam : That's when it starts throwing moon emoji all over your screen
[2015-10-16 15:37:26] BitMEX_Sam : Watch out for that
[2015-10-16 15:37:45] laisee : you get a stamp on your hand ;-)
[2015-10-16 15:37:56] smoker : im here first day testing :)
[2015-10-16 15:38:11] BitMEX_Sam : Today is a good day to start
[2015-10-16 15:39:00] smoker : i see wd are once per day thats because security reasons?
[2015-10-16 15:39:19] BitMEX_Sam : smoker: Yep - we review all by hand and do the transactions through offline multisig
[2015-10-16 15:39:39] smoker : ok good it works for me
[2015-10-16 15:40:09] BitMEX_Sam : Someday (hopefully soon) we'll have a hybrid hot/cold for smaller withdrawals but safeguarding funds is our #1 priority
[2015-10-16 15:40:23] BitMEX_Sam : Better safe than sorry with the way so many other exchanges have gone.
[2015-10-16 15:40:37] smoker : yeah security on #1 place
[2015-10-16 15:42:53] priceaction : that's a lot of pandas fatfingering today:)
[2015-10-16 15:51:19] BitMEX_Arthur : Look at Finex
[2015-10-16 15:58:46] priceaction : BitMEX_Arthur: huobi spiked to 272.5
[2015-10-16 15:59:15] BitMEX_Arthur : Yeah finally some good price action
[2015-10-16 15:59:28] smoker : ^^
[2015-10-16 16:01:28] Yumi : BitMEX_Arthur: why do you think XBTV15 and XBTZ15 have higher premiums than XBTH16 ?
[2015-10-16 16:02:30] BitMEX_Arthur : Liquidity premium
[2015-10-16 16:03:00] BitMEX_Arthur : But when the fomo really sets in h16 is goingto seriously outperform
[2015-10-16 16:04:13] BitMEX_Arthur : If we make it over 300, annualised basis for h16 will be north of 100%
[2015-10-16 16:04:24] BitMEX_Arthur : it is trading in the mid 40s now
[2015-10-16 16:07:47] Yumi : I agree but premium on it barely moved since start of rally while XBTV15 went from about 30% pa to about 50% pa
[2015-10-16 16:11:47] BitMEX_Arthur : Liquidity premium
[2015-10-16 16:11:59] BitMEX_Arthur : the MM is quoting much more on V15 than H16 because of the shorter expiry
[2015-10-16 16:32:23] macios15 : closed 148% gg guys
[2015-10-16 16:33:44] priceaction : macios15: well done
[2015-10-16 17:28:58] nickhnt : closed too soon
[2015-10-16 17:29:04] nickhnt : i thinks its going to 280
[2015-10-16 17:29:59] BitMEX_Arthur : 270 will be tough that is where we broke down during Greece
[2015-10-16 17:35:37] jung1 : what will happened when I click Close Market on XBT24H during my open position? Its same as close position?
[2015-10-16 17:39:37] BitMEX_Sam : jung1: Yeah, Close Market opens a market order (so it should close right away)
[2015-10-16 17:39:37] macios15 : i think thats it for the rally, jet
[2015-10-16 17:39:47] macios15 : head and shoulders
[2015-10-16 17:43:43] AudibleScience : Is something strange going on?
[2015-10-16 17:44:02] Yumi : what do you mean?
[2015-10-16 17:44:51] AudibleScience : there seems to be major gaps in the volume on several exchanges?
[2015-10-16 17:44:55] jung1 : AudibleScience: yep. Moon or ground
[2015-10-16 17:45:12] j8 : are you looking at bitcoinwisdom. has been giving me issues today
[2015-10-16 17:45:21] kogroken : AudibleScience: bitcoinwisdom seems to be broken at the moment, if you are looking at that
[2015-10-16 17:45:40] AudibleScience : lol
[2015-10-16 17:45:41] nickhnt : whats happening wiht huobi?
[2015-10-16 17:45:46] AudibleScience : that would be it man!
[2015-10-16 17:46:33] AudibleScience : I'm just getting a "loading" message...
[2015-10-16 17:46:39] Yumi : try cryptowat.ch
[2015-10-16 17:46:53] AudibleScience : was just about to do that...
[2015-10-16 17:47:15] nickhnt : Yumi: thnks
[2015-10-16 17:47:26] macios15 : great day 150% on long, now 35% already on short
[2015-10-16 17:47:29] macios15 : love this site
[2015-10-16 17:48:23] jung1 : go long or go home
[2015-10-16 17:48:35] jung1 : ( ͡° ͜ʖ ͡°)
[2015-10-16 17:49:06] macios15 : jep im going long, sar 1w is waiting today i think