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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-11-03 22:23:14] wurstgelee : indeed [2016-11-03 22:23:21] Julian : with the funding rate, if you are being paid 1% to hold a short for 8 hours do you have to hold the short for the entire 8 hour duration or can you only hold the short for 7hrs 59mins and close it right before the new Funding rate starts? [2016-11-03 22:23:26] tard : brutal day [2016-11-03 22:23:36] wurstgelee : hehe yeah. [2016-11-03 22:23:39] Shaman : bitmex lagging? or just me. just got kicked off [2016-11-03 22:23:40] wurstgelee : sidelines ;) [2016-11-03 22:23:50] CaptainDean : Julian: you have to hold the poisition the position to pay [2016-11-03 22:23:59] Julian : could you open a short 1 min before the new funding rate starts and receive 1% only holding it for 1 min? [2016-11-03 22:24:03] CaptainDean : Julian: so if you sell 1 sec before, you pay nothing [2016-11-03 22:24:12] Julian : oh [2016-11-03 22:24:31] CaptainDean : Julian: if you short 1 sec before the funding, you will pay/receive it [2016-11-03 22:24:35] Julian : wow [2016-11-03 22:24:39] Julian : that's easy to game [2016-11-03 22:24:47] aethlios : Julian: yes you can and the opposite, close 1 min before and you don't pay neither get paid [2016-11-03 22:24:52] REKT : Liquidated short on `XBTUSD`: Buy 8000 @ 685.42 [2016-11-03 22:24:53] CaptainDean : Julian: yeah but you're not alone playing the game ;-) [2016-11-03 22:24:53] muirtastic : Julian: Yes you can [2016-11-03 22:25:07] jeeburns : lmao what a day. Got margin called earlier because this site lagged for like 10 straight seconds. Then I just tried to close my order and it logged me out lol. Luckily didn't get called. [2016-11-03 22:26:18] aethlios : volume 31,000 btc must a record (swap + 3month) [2016-11-03 22:26:33] aethlios : sure record in usd value [2016-11-03 22:27:00] CaptainDean : not sure we hit the bottom (4600) [2016-11-03 22:27:05] Julian : ok thanks guys [2016-11-03 22:27:11] aethlios : bitmex made a fee killing today. [2016-11-03 22:28:13] wurstgelee : i helped ;) [2016-11-03 22:28:23] john1243 : maybe retrace to 4800? [2016-11-03 22:28:38] wurstgelee : not touching it [2016-11-03 22:28:43] wurstgelee : atm ;) [2016-11-03 22:28:52] CaptainDean : either that or 4400 [2016-11-03 22:29:02] wurstgelee : yep ;) [2016-11-03 22:29:09] wurstgelee : i would touch 4400 tho :p [2016-11-03 22:29:18] john1243 : wurstgelee: what happened to bitcoin bullmarket? [2016-11-03 22:29:32] wurstgelee : it prob died today [2016-11-03 22:29:55] john1243 : wurstgelee: I was shorting at 744 and you were telling me it was risky lol [2016-11-03 22:30:04] wurstgelee : it was [2016-11-03 22:30:37] john1243 : look at 1 day chart lol [2016-11-03 22:30:49] wurstgelee : yeah captain hindsight... [2016-11-03 22:30:55] wurstgelee : doesnt change the fact it was risky [2016-11-03 22:31:23] wurstgelee : i didnt say: no way u will be right, did i? [2016-11-03 22:32:20] wurstgelee : dumping btw...in case noone noticefd [2016-11-03 22:32:21] wurstgelee : ;) [2016-11-03 22:32:28] shiroe : 3500 confirmed. [2016-11-03 22:32:33] shiroe : 4500 i mean. haha [2016-11-03 22:32:40] wurstgelee : ha [2016-11-03 22:32:46] Rekted : shiroe: may be less [2016-11-03 22:33:14] CaptainDean : we didn't broke the last resistance (4586) [2016-11-03 22:33:40] wurstgelee : CaptainDean: ! [2016-11-03 22:36:26] doc1 : yeah double bottom is in [2016-11-03 22:37:11] CaptainDean : doc1: I wouldn't be surprise we broke it [2016-11-03 22:39:13] john1243 : gonna be a nice rally from here [2016-11-03 22:44:22] REKT : Liquidated long on `XBTUSD`: Sell 30 @ 684.51 [2016-11-03 22:44:58] REKT : Liquidated long on `XBTUSD`: Sell 34000 @ 682.80 **MEGA-REKT** :boom: [2016-11-03 22:45:22] numero : john1243: you seem to be making the worst calls ;) [2016-11-03 22:45:41] CaptainDean : we survive the resistance again [2016-11-03 22:45:43] john1243 : I don't think so [2016-11-03 22:45:50] CaptainDean : 4591 [2016-11-03 22:46:05] y1uy : btc to 640-670 [2016-11-03 22:46:22] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 681.51 [2016-11-03 22:46:48] CaptainDean : broken [2016-11-03 22:46:52] REKT : Liquidated long on `XBTUSD`: Sell 26000 @ 679.88 **MEGA-REKT** :boom: [2016-11-03 22:47:02] wurstgelee : yep [2016-11-03 22:47:22] REKT : Liquidated long on `XBTUSD`: Sell 2980 @ 675.70 [2016-11-03 22:47:22] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 675.73 :punch: :whale: [2016-11-03 22:47:22] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 675.15 [2016-11-03 22:47:22] REKT : Liquidated long on `XBTUSD`: Sell 37550 @ 678.04 **MEGA-REKT** :boom: [2016-11-03 22:47:22] REKT : Liquidated long on `XBTUSD`: Sell 49110 @ 675.00 **MEGA-REKT** :boom: [2016-11-03 22:47:22] REKT : Liquidated long on `XBTUSD`: Sell 9950 @ 675.08 [2016-11-03 22:47:22] REKT : Liquidated long on `XBTUSD`: Sell 200 @ 677.05 [2016-11-03 22:47:22] mjones : mega lag again [2016-11-03 22:47:27] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 674.77 [2016-11-03 22:47:29] wurstgelee : thats why [2016-11-03 22:47:31] wurstgelee : ;) [2016-11-03 22:47:34] REKT : Liquidated long on `XBTUSD`: Sell 8446 @ 673.85 [2016-11-03 22:47:34] REKT : Liquidated long on `XBTUSD`: Sell 45024 @ 673.63 **MEGA-REKT** :boom: [2016-11-03 22:47:44] y1uy : 66 [2016-11-03 22:47:46] y1uy : 666 [2016-11-03 22:47:52] REKT : Liquidated long on `XBTUSD`: Sell 100 @ 671.64 [2016-11-03 22:47:52] REKT : Liquidated long on `XBTUSD`: Sell 3000 @ 671.35 [2016-11-03 22:47:52] REKT : Liquidated long on `XBTUSD`: Sell 10000 @ 672.18 [2016-11-03 22:47:52] REKT : Liquidated long on `XBTUSD`: Sell 45 @ 672.47 [2016-11-03 22:47:52] REKT : Liquidated long on `XBTUSD`: Sell 900 @ 671.99 [2016-11-03 22:47:52] REKT : Liquidated long on `XBTUSD`: Sell 2500 @ 671.88 [2016-11-03 22:47:53] y1uy : them fuckers :D [2016-11-03 22:48:18] Shaman : cant submit contracts :( [2016-11-03 22:48:19] john1243 : fuck [2016-11-03 22:48:26] y1uy : guys i am nostradamus here [2016-11-03 22:48:31] wurstgelee : lols [2016-11-03 22:48:35] wurstgelee : order submission error... [2016-11-03 22:48:36] habibi : ffs fix that site please bitmex, unable to get trade [2016-11-03 22:48:37] wurstgelee : socket timeout [2016-11-03 22:48:38] wurstgelee : WTF [2016-11-03 22:48:40] Cryptlex : is someone ddos the server? [2016-11-03 22:48:42] Shaman : holy crap [2016-11-03 22:48:47] mjones : 4400 cny soon [2016-11-03 22:48:47] wurstgelee : lol [2016-11-03 22:49:02] blacktuesday : bitmex broken [2016-11-03 22:49:11] Rekted : too many rekt [2016-11-03 22:49:12] j8 : lagMEX [2016-11-03 22:49:13] wurstgelee : guys..seriously.... [2016-11-03 22:49:14] mjones : dont refresh [2016-11-03 22:49:40] y1uy : works fine for me [2016-11-03 22:49:52] REKT : Liquidated short on `FCTXBT`: Buy 24 @ 0.003041 [2016-11-03 22:49:55] Rekted : have a good rekt time guys [2016-11-03 22:49:56] habibi : y1uy: u have no btc here, stfu [2016-11-03 22:50:04] y1uy : habibi: what? [2016-11-03 22:50:09] wurstgelee : habibi: :D :D :D [2016-11-03 22:50:13] habibi : ffs so many trade options are going away coz of that lags [2016-11-03 22:50:21] wurstgelee : yep [2016-11-03 22:50:26] y1uy : habibi: bitmex bad cdn servers [2016-11-03 22:50:31] wurstgelee : knife catching basically imposible [2016-11-03 22:50:34] wurstgelee : *s [2016-11-03 22:50:42] y1uy : wurstgelee: thats why u set up buy orders before [2016-11-03 22:50:47] habibi : y1uy: on ur ass [2016-11-03 22:50:48] wurstgelee : lol whut? [2016-11-03 22:50:49] mjones : time to rekt every long there is thinking this was going up forever [2016-11-03 22:51:16] wurstgelee : set buy orders in anticipation of dump.... [2016-11-03 22:51:19] wurstgelee : ofc.... [2016-11-03 22:51:29] wurstgelee : today [2016-11-03 22:51:58] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 674.41 [2016-11-03 22:52:08] y1uy : yeah whats wrong with that [2016-11-03 22:52:15] y1uy : thats how u trade [2016-11-03 22:52:22] mjones : short rekt [2016-11-03 22:52:25] lopol : how can you fail so much to get liquidated for short today [2016-11-03 22:52:27] wurstgelee : maybe thats how u trade... [2016-11-03 22:52:33] mjones : i should have went 100x long on that dip [2016-11-03 22:52:42] wurstgelee : i tried [2016-11-03 22:52:44] wurstgelee : desperately [2016-11-03 22:52:47] habibi : y1uy: ffs i am already tired with u, waiting till u will go away coz of rekt [2016-11-03 22:52:49] wurstgelee : bitmex didnt let me [2016-11-03 22:52:51] mjones : there was that big ass sell wall at 663 [2016-11-03 22:52:55] mjones : a gift from the heaven [2016-11-03 22:52:58] wurstgelee : yep [2016-11-03 22:53:14] wurstgelee : got socker timeout error notice... [2016-11-03 22:53:16] wurstgelee : socket [2016-11-03 22:53:18] mjones : 100x that you'd be up 200% right now [2016-11-03 22:53:31] burno : i got some of that 663 heaven, bt just a tiny position [2016-11-03 22:53:31] y1uy : http://i.imgur.com/T2jSxkp.png [2016-11-03 22:53:58] Cryptlex : like a boss [2016-11-03 22:54:07] y1uy : habibi: i bet your long on btc got rekt [2016-11-03 22:54:11] REKT : Liquidated short on `XBTUSD`: Buy 12229 @ 678.61 [2016-11-03 22:54:27] habibi : y1uy: see, i am diffrent, i can be asshole for u and at same time making money [2016-11-03 22:54:44] y1uy : habibi: ok habibi [2016-11-03 22:54:47] jeeburns : bots going awol [2016-11-03 22:54:49] y1uy : habibi: yalla akbar [2016-11-03 22:55:26] y1uy : guys dont long at these priecs [2016-11-03 22:55:38] y1uy : 640-650 is a good place to long.. [2016-11-03 22:55:43] wurstgelee : 663 heaven soon to be hell? ;) [2016-11-03 22:55:46] wurstgelee : or not [2016-11-03 22:55:57] habibi : y1uy: don't give advices until u earn first bitcoin [2016-11-03 22:56:09] y1uy : habibi: love u too [2016-11-03 22:56:13] habibi : then start rekting people as a expert! :) [2016-11-03 22:56:17] wurstgelee : :D [2016-11-03 22:56:29] y1uy : this guy is so pissed he got rekt [2016-11-03 22:56:42] burno : wurstgelee: i have already sold [2016-11-03 22:56:51] y1uy : habibi: i called the dips, u didnt call shit [2016-11-03 22:56:55] wurstgelee : good job [2016-11-03 22:57:04] habibi : y1uy: u don't want to meet me after rekt, way worse sunny [2016-11-03 22:57:06] burno : but y'all get a chance at some rekt coins, this is not going to stop appartently [2016-11-03 22:57:48] habibi : y1uy: call next thing, with exact timeline and price within 2-3$ dollars targets and i will send u 1 btc if u will be right, if wrong u will just stfu :) [2016-11-03 22:57:55] fsec : I'm setting my buy order @625 and going to bed :D [2016-11-03 22:58:23] y1uy : habibi: ok, u will see bitcoin will dip to 640-650 and maybe consolidate, if im right u can send me .1 btc [2016-11-03 22:58:40] wurstgelee : thats a $10 range... [2016-11-03 22:58:41] habibi : y1uy: i told u my terms, please try to read it more carefully [2016-11-03 22:58:48] wurstgelee : also no timeline [2016-11-03 22:59:05] numero : y1uy: who is that picture of? [2016-11-03 22:59:25] y1uy : numero: thats bitcoin market maker [2016-11-03 23:00:07] TwinnerD : how many bars do you long guys have? [2016-11-03 23:00:18] mjones : i actually refreshed. what happen to the +10 and +100 when opening contracts? [2016-11-03 23:00:52] REKT : Liquidated long on `XBTUSD`: Sell 300 @ 672.94 [2016-11-03 23:01:33] lopol : are china news real? [2016-11-03 23:01:44] numero : I'm thinking, Tetsuo must have a full spectrum of accounts . . . I wonder how he keeps track of them all [2016-11-03 23:01:51] y1uy : lopol: no [2016-11-03 23:08:41] habibi : 23:55 - y1uy: guys dont long at these priecs hope noone listened to him [2016-11-03 23:15:26] QuantFocus : err'body ded? [2016-11-03 23:15:33] QuantFocus : or just too pissed off [2016-11-03 23:16:20] habibi : they follow y1uy advices [2016-11-03 23:16:22] habibi : let them die [2016-11-03 23:16:52] TwinnerD : QuantFocus: didn't you hear? BTC is dead. all went home [2016-11-03 23:16:55] TwinnerD : only bots left [2016-11-03 23:16:59] TwinnerD : they didn't get the memo [2016-11-03 23:17:46] mjones : my only wish is that i would have went 100x long [2016-11-03 23:17:46] muirtastic : I wonder what the long/short funding fees will adjust to in 5 hrs. [2016-11-03 23:18:50] numero : habibi: what would you suggest? [2016-11-03 23:19:09] lockhedge : muirtastic: Predicted Funding Rate 0.0270% in 13 hours (hoover with your mouse over the current funding rate) [2016-11-03 23:19:11] habibi : numero: i don't give advices here, just trade my own. [2016-11-03 23:20:15] numero : habibi: what indicators do you use for your own trades? [2016-11-03 23:20:38] sleger : numero: he uses rapid contra indicator [2016-11-03 23:21:09] habibi : numero: volume for altcoins, for bitcoin trying only to catch buy on panic selling/sell on fomo [2016-11-03 23:21:14] muirtastic : lockhedge: hover it where? I can't get it to work [2016-11-03 23:21:31] numero : sleger: is that a troll thing? [2016-11-03 23:22:17] lockhedge : muirtastic: where it says "Funding Rate0.0484% in 5 hours" in the left side bar [2016-11-03 23:23:43] muirtastic : lockhedge: awesome..thank you rule [2016-11-03 23:23:55] muirtastic : thanks, you rule. I didn't even see that over there [2016-11-03 23:25:28] lockhedge : muirtastic: just keep in mind, this is only a prediction based on the average rates since last funding, so it will adjust within the next 5 hours. [2016-11-03 23:26:57] muirtastic : lockhedge: Yes I realize that it could change dramatically with market conditions but at least it's some useful data for what it is [2016-11-03 23:33:52] miramm1115 : BitMEX_Sam: getting "You have been initiating too many requests." from the front-end proxy. what's the limit on that? [2016-11-03 23:35:23] BitMEX_Greg : miramm1115: Sam is away at the moment. I need to check on this [2016-11-03 23:35:55] miramm1115 : BitMEX_Greg: no problem, I'll send an email [2016-11-03 23:36:06] BitMEX_Greg : Thanks, will send it to Sam to answer when he is online [2016-11-03 23:40:01] wurstgelee : https://twitter.com/whalecalls/status/794323112053641216 [2016-11-03 23:40:04] wurstgelee : thats some... [2016-11-03 23:41:43] TwinnerD : 1 contract = 1 BTC there? [2016-11-03 23:43:13] BitMEX_Greg : 1 contract = $100 I think [2016-11-03 23:44:07] Chumba : Hi [2016-11-03 23:44:28] Chumba : How do I trade [2016-11-03 23:45:27] habibi : i have no energy left to be asshole anymore, sleger maybe u will help ^^ [2016-11-03 23:47:30] mjones : what happened to the +10 and +100 buttons? [2016-11-03 23:48:44] sleger : Chumba: ChumbaChumba [2016-11-03 23:51:49] wurstgelee : mjones: 3 btc each [2016-11-03 23:53:09] Chumba : slegersleger [2016-11-03 23:54:35] sleger : hey I taught the monkey something [2016-11-03 23:54:36] Chumba : What do the different colors mean [2016-11-03 23:54:52] sleger : green is admin [2016-11-03 23:55:35] Chumba : what about my color [2016-11-03 23:56:17] wurstgelee : piss with a hint of kiwi i'd say [2016-11-03 23:56:56] Chumba : I want to buy ZEC, what is the easiest way to do it [2016-11-03 23:57:02] wurstgelee : press buy [2016-11-03 23:58:11] sleger : his color: diarrhea, very liquid [2016-11-03 23:58:24] kradiav : Chumba: start a fire and throw your money their, same result [2016-11-03 23:58:55] wurstgelee : or give it to me [2016-11-03 23:58:58] ZeroCrash : kradiav: Exactly [2016-11-03 23:58:59] wurstgelee : same result [2016-11-03 23:59:00] Chumba : there* [2016-11-03 23:59:13] Tetsuo : whis [2016-11-03 23:59:19] wurstgelee : whis what? [2016-11-03 23:59:20] ZeroCrash : You buy ZeroCash... and that's exactly what you'll have...ZERO CASH [2016-11-03 23:59:42] pigeons : wakawaka [2016-11-04 00:00:08] wurstgelee : oh look, pigeons! [2016-11-04 00:00:27] ZeroCrash : I'd short the hell out of ZEC... but Bitmex doesn't accept deposits from the States >.< [2016-11-04 00:00:40] wurstgelee : id buy all your shorts [2016-11-04 00:01:05] ZeroCrash : Lol, It's already shorted down to .5 So, you're not really buying the shorts, now Are you? [2016-11-04 00:01:19] wurstgelee : i have been seens its been listed here [2016-11-04 00:01:42] wurstgelee : ~1 month before launch or sth [2016-11-04 00:01:46] wurstgelee : +7- [2016-11-04 00:01:50] wurstgelee : +/- [2016-11-04 00:02:11] wurstgelee : wtf. i have been seens? [2016-11-04 00:02:15] ZeroCrash : Well... Guess you'll Have Zero cash when you close them out ;) [2016-11-04 00:02:24] wurstgelee : that was supposed to be i have been doing that [2016-11-04 00:02:34] wurstgelee : i guess you are wrong [2016-11-04 00:02:36] wurstgelee : by far [2016-11-04 00:02:50] Chumba : ZeroCrash are you an admin too [2016-11-04 00:03:13] ZeroCrash : Chumba: Why do you ask? [2016-11-04 00:03:16] sleger : yes he is [2016-11-04 00:03:19] wurstgelee : Chumba: admins have BitMEX in front of their nick [2016-11-04 00:03:24] jan : hi liquidation order is at market price or price on bitmex? [2016-11-04 00:03:26] sleger : wurstgelee: you suck [2016-11-04 00:03:26] Chumba : more green that sleger [2016-11-04 00:03:27] wurstgelee : lol come on... [2016-11-04 00:03:29] wurstgelee : thats mean [2016-11-04 00:03:31] wurstgelee : ;) [2016-11-04 00:03:45] BitMEX_Greg : jan: Hi, liquidations are done at Mark Price [2016-11-04 00:03:51] wurstgelee : he didnt do anything to deserve that yet ;) [2016-11-04 00:06:16] jan : thx So market price is average bitmex and bitstamp? @BitMEX_Greg [2016-11-04 00:06:57] BitMEX_Greg : jan: well the Index Price is 50/50 Stamp and O..KCoin USD [2016-11-04 00:07:15] BitMEX_Greg : The Mark Price is then a combination of that and the current premium levels [2016-11-04 00:07:33] BitMEX_Greg : Right now the Index Price is 685.70 and the Mark Price is 685.86 [2016-11-04 00:07:59] BitMEX_Greg : you can take a look on top of the orderbook (hover over the numbers), or on the left side of the screen under "Contract Details: XBTUSD" [2016-11-04 00:08:22] rapidtrades : some forex brokers already planning reduction of leverage on election day [2016-11-04 00:08:43] rapidtrades : ridiculous, leverage is there except when u need it most [2016-11-04 00:09:18] wurstgelee : election day will be interesting [2016-11-04 00:09:26] wurstgelee : if trump wins [2016-11-04 00:09:31] wurstgelee : otherwise nothing happens [2016-11-04 00:09:36] jan : thx I see @BitMEX_Greg [2016-11-04 00:09:36] wurstgelee : or not as much [2016-11-04 00:10:32] Shaman : What if hillary wins and is indicted on the same day? [2016-11-04 00:10:54] rapidtrades : oh shit [2016-11-04 00:11:26] rapidtrades : 'We're safe BUY BUY BUY....we're dead' [2016-11-04 00:11:30] BitMEX_Greg : rapidtrades: some banks are getting traders in overnight too [2016-11-04 00:12:46] ZeroCrash : wurstgelee: I'm waiting for Obama to evoke a national emergency under Exective order 13606 (The number might be wrong) [2016-11-04 00:12:57] QuantFocus : BitMEX_Greg: traders in overnight to...purchase btc? [2016-11-04 00:13:05] wurstgelee : oh wtf.... [2016-11-04 00:13:10] wurstgelee : socket timeouts again [2016-11-04 00:13:13] wurstgelee : ANNOYING [2016-11-04 00:13:32] REKT : Choppy waters make solid seamen! [2016-11-04 00:13:32] REKT : Liquidated long on `XBTUSD`: Sell 30000 @ 684.27 **MEGA-REKT** :boom: [2016-11-04 00:13:34] wurstgelee : there werent even liquidations... [2016-11-04 00:13:43] wurstgelee : and its lagging af [2016-11-04 00:13:55] ZeroCrash : 13603 is the correct number [2016-11-04 00:13:59] BitMEX_Greg : QuantFocus: FX and commodity markets [2016-11-04 00:14:20] lockhedge : seems like we have a reliable liquidations indicator now [2016-11-04 00:14:35] REKT : Liquidated long on `XBTUSD`: Sell 2000 @ 682.54 [2016-11-04 00:15:10] wurstgelee : to dive or not to dive [2016-11-04 00:15:19] TwinnerD : BitMEX_Greg: could you please add sorting to the active orders. want to sort them by price [2016-11-04 00:15:47] REKT : Liquidated long on `XBTUSD`: Sell 6666 @ 681.77 [2016-11-04 00:16:16] QuantFocus : we might be hitting 650 boys [2016-11-04 00:16:28] BitMEX_Greg : TwinnerD: WIll bring it up to Sam [2016-11-04 00:17:14] rapidtrades : why does the cost of margin vary so much when I enter different entry prices...example at 650 it's 4x as much as at 680 [2016-11-04 00:17:39] rapidtrades : the cost number u see right below buy/sell buttons [2016-11-04 00:18:51] BitMEX_Greg : rapidtrades: I think you need to multiply it out into USD [2016-11-04 00:18:55] rapidtrades : 650-680 is only 4% yes u see a difference of 4x in margin cost [2016-11-04 00:19:22] rapidtrades : it seems wildly innaccurate the further u go from current prices [2016-11-04 00:19:23] BitMEX_Greg : rapidtrades: Are you doing a short? [2016-11-04 00:19:29] rapidtrades : yes [2016-11-04 00:19:46] BitMEX_Greg : Right, so you need to fully fund if you are selling below the Impact Bid price [2016-11-04 00:19:54] QuantFocus : rapidtrades: dangerous time to short, no? [2016-11-04 00:20:05] rapidtrades : BitMEX_Greg: what does fully fund mean [2016-11-04 00:20:11] BitMEX_Greg : leverage = 1 [2016-11-04 00:20:17] rapidtrades : weird [2016-11-04 00:20:23] tb : it makes sense [2016-11-04 00:20:28] tb : otherwise you may get margin called immediately [2016-11-04 00:20:33] BitMEX_Greg : Right [2016-11-04 00:20:35] BitMEX_Wally : tb: Correct [2016-11-04 00:20:38] rapidtrades : ah i think i see [2016-11-04 00:20:56] rapidtrades : so it shows my loss from 650>680 in the total? [2016-11-04 00:21:02] BitMEX_Wally : rapidtrades: Basically [2016-11-04 00:21:15] rapidtrades : ok tnx...it was bothering me [2016-11-04 00:22:05] rapidtrades : BitMEX_Wally: if I'm on cross the margin cost is 100/1 right? [2016-11-04 00:22:59] BitMEX_Wally : 1/100 i.e. 1% yes, plus funding rate and taker fee etc [2016-11-04 00:23:12] rapidtrades : got it thanks [2016-11-04 00:24:10] tb : im still confused about position reducing orders in the depth causing risk limit to go up [2016-11-04 00:24:24] sleger : I'm sad, will never get paid that Predicted Funding Rate -2.3183% on lisk :( [2016-11-04 00:24:37] CaptainDean : lift off [2016-11-04 00:24:57] rapidtrades : sleger: why [2016-11-04 00:25:07] BitMEX_Greg : rapidtrades: did you get your short in? [2016-11-04 00:25:08] REKT : Liquidated short on `XBTUSD`: Buy 8 @ 688.78 [2016-11-04 00:25:08] REKT : Liquidated short on `XBTUSD`: Buy 15005 @ 688.67 [2016-11-04 00:25:13] sleger : swap's leaving us [2016-11-04 00:25:17] REKT : Liquidated short on `XBTUSD`: Buy 10000 @ 690.34 [2016-11-04 00:25:26] mjones : pump btc [2016-11-04 00:25:28] BitMEX_Wally : We are replacing the altcoin swaps with futures [2016-11-04 00:25:37] rapidtrades : BitMEX_Greg: not yet, was just planning it out to see if I have enough funds [2016-11-04 00:25:47] BitMEX_Wally : tb: What is your question regarding? [2016-11-04 00:25:49] BitMEX_Greg : luck [2016-11-04 00:25:53] BitMEX_Greg : lucky* [2016-11-04 00:26:51] tb : BitMEX_Wally: say i have a short position of x and i place a bid in the depth to close the position [2016-11-04 00:26:56] tb : why does that increase my risk limit [2016-11-04 00:27:13] wurstgelee : nice rebound [2016-11-04 00:27:18] wurstgelee : gogogo ;) [2016-11-04 00:27:20] TwinnerD : BitMEX_Wally: whats the reason for this? [2016-11-04 00:28:03] BitMEX_Wally : TwinnerD: Risk Limit is set manually by you, orders do not change it [2016-11-04 00:28:07] rapidtrades : BitMEX_Wally: another q....due to my ZEC entry at 3, it's costing me 1.5 btc per contract but the max I can lose from here if 0.6 BTC even if it goes to 0....essentially locking up 1 BTC in margin for nothing [2016-11-04 00:28:25] rapidtrades : is there a way to fix this or is this how it's suppose to work [2016-11-04 00:28:27] BitMEX_Wally : Orders and positions are summed to give your Risk Value if this is what you mean? [2016-11-04 00:28:52] tb : sure, but shouldn't positions that offset your order not increase your risk limit? [2016-11-04 00:29:01] tb : so like if im short 100 contracts placing a sell would increase it [2016-11-04 00:29:12] tb : but placing a buy up to 200 would not? [2016-11-04 00:29:43] BitMEX_Wally : No, if you are short 100 contracts then placing a sell would increase your Risk Value. It would not change the limit, that is set manually by you [2016-11-04 00:30:02] tb : sorry substitute risk limit for risk value [2016-11-04 00:30:14] tb : or position size [2016-11-04 00:30:28] tb : here's the hypothetical scenario [2016-11-04 00:30:30] BitMEX_Wally : If you are short 100 XBT then your risk value is 100 XBT. If you then place a bid to buy back 100 XBT your risk value is still 100 XBT because we net them [2016-11-04 00:30:55] rapidtrades : wurstgelee: did u dive in :) [2016-11-04 00:31:12] wurstgelee : nah, fomo longed some [2016-11-04 00:31:39] tb : BitMEX_Wally: can you look at my account? [2016-11-04 00:31:46] BitMEX_Wally : tb: Sure [2016-11-04 00:31:54] tb : BitMEX_Wally: I don't think my risk values for xbtusd are netted [2016-11-04 00:32:29] rapidtrades : wurstgelee: how's the mining experiment going? [2016-11-04 00:32:37] wurstgelee : rapidtrades: no mining [2016-11-04 00:32:52] wurstgelee : holding my remaining longs well in profit, waiting for adl ;) [2016-11-04 00:34:17] REKT : Liquidated short on `XBTUSD`: Buy 50001 @ 694.13 **EPIC REKT** :unamused: :confounded: :astonished: [2016-11-04 00:34:41] bernx : free money cut todat [2016-11-04 00:36:26] BitMEX_Wally : tb: You have open orders that far exceed your position. So basically your risk value is the value of your open orders [2016-11-04 00:36:45] tb : why is that though, shouldn't they be netted? [2016-11-04 00:36:56] tb : market moves up and i get rekt, my orders get pulled [2016-11-04 00:37:18] tb : market moves down and hits my orders, my position can only increase by the net of my open position and orders [2016-11-04 00:37:33] BitMEX_Wally : tb: If I am long 100 XBT and have a sell order for 100 XBT this is not netted to a 0 risk value [2016-11-04 00:37:46] tb : i agree [2016-11-04 00:37:55] BitMEX_Wally : The long position is netted against the sell orders so your risk value is treated as 100 XBT plus 0 [2016-11-04 00:38:45] BitMEX_Wally : In your case you have qty of -188 and open orders to buy of 400 so after netting these are open orders of 212, so your risk value is 188 + 212 = 400 [2016-11-04 00:39:11] BitMEX_Wally : (in qty terms) [2016-11-04 00:39:37] tb : wouldn't doing something like min(open position, net(offsetting orders, open position + non-offsetting orders)) [2016-11-04 00:40:07] rapidtrades : btc so volatile, pick a calmer coin like ZEC [2016-11-04 00:40:12] john1243 : god damnit [2016-11-04 00:40:33] sleger : tuberculosis: he is right [2016-11-04 00:40:43] john1243 : liquidated cause I went too hard margin and it hit my target [2016-11-04 00:40:49] tb : but wally, my risk value is not 400 [2016-11-04 00:40:51] john1243 : smh [2016-11-04 00:40:55] tb : it is around 600 [2016-11-04 00:41:01] tb : i agree it should be around 400 [2016-11-04 00:41:09] tb : that's why i asked my question [2016-11-04 00:41:17] Tetsuo : 500 would be fine too [2016-11-04 00:41:27] tb : i have to pay 4% more to insurance fund if i get liquidated [2016-11-04 00:41:30] sleger : john1243: that's to be expected, when you cant count to four [2016-11-04 00:41:52] wurstgelee : btc is a funny guy today [2016-11-04 00:41:56] john1243 : sleger: genly carrress you [2016-11-04 00:41:59] wurstgelee : great humour [2016-11-04 00:42:04] QuantFocus : dang [2016-11-04 00:42:04] rapidtrades : i can't figure out who's the bigger ahole.. [2016-11-04 00:42:07] REKT : Liquidated short on `XBTUSD`: Buy 200 @ 697.50 [2016-11-04 00:42:09] rapidtrades : sleger or sledger [2016-11-04 00:42:11] QuantFocus : getting violent in here [2016-11-04 00:42:18] wurstgelee : butthurt [2016-11-04 00:42:20] QuantFocus : quite hostile [2016-11-04 00:42:38] john1243 : yeah I'm butthurt [2016-11-04 00:42:51] Chumba : 1 2 3 4 [2016-11-04 00:42:56] l3f : choo choo [2016-11-04 00:42:57] sleger : even the monkey gets it [2016-11-04 00:43:03] sleger : good chumba, good [2016-11-04 00:43:08] REKT : Liquidated short on `XBTUSD`: Buy 5200 @ 699.18 [2016-11-04 00:43:08] REKT : Liquidated long on `ETHXBT`: Sell 193 @ 0.01555 [2016-11-04 00:43:14] muirtastic : nice bounce..670 to 699 on stamp [2016-11-04 00:43:17] BitMEX_Wally : tb: riskValue is defined as (abs markValue)+grossOpenCost where grossOpenCost is what we use to calculate initMargin (i.e. it is already netted against position). I understand you have a position of -188 and orders to flip it to +212 so only want a risk value of 212 but we are conservative so it is 400 [2016-11-04 00:43:37] Tetsuo : sleger: lol, i appreciate the work you´re doin here [2016-11-04 00:44:34] wurstgelee : yeah, he is on fire today [2016-11-04 00:45:18] TwinnerD : I am too scared to go to sleep [2016-11-04 00:45:53] Chumba : I used to be scared of the boogeyman too [2016-11-04 00:46:02] REKT : Liquidated long on `REP7D`: Sell 200 @ 0.006271 [2016-11-04 00:46:03] tb : understood [2016-11-04 00:46:35] tb : it just doesn't seem like its someplace where being more conservative changes anything for you guys on the risk side [2016-11-04 00:47:01] Tetsuo : TwinnerD: do it, china will just try to zigzag rekt every margin noob in the the next hours [2016-11-04 00:47:34] rapidtrades : china is crazy right now...could go either way [2016-11-04 00:47:38] tb : a user has to double the risk value of their position in order to flip it with a limit order [2016-11-04 00:47:51] TwinnerD : not scared of being rekt. Just don't want to miss out on juicy dumps [2016-11-04 00:48:27] CaptainDean : Yeah we jusssttt missed two previous top, it might go down :P [2016-11-04 00:48:58] BitMEX_Wally : tb: I'll look into it and see if we can change the calculation [2016-11-04 00:49:08] tb : i think something like [2016-11-04 00:49:26] blacktuesday : who's buying 119 zec? [2016-11-04 00:49:38] blacktuesday : thats a big order [2016-11-04 00:49:50] Tetsuo : rapid your rescure arrived [2016-11-04 00:49:55] tb : abs(mark value) + open cost for orders to increase position - open cost for orders to decrease position [2016-11-04 00:50:12] tb : would work and wouldn't increase risk for you guys [2016-11-04 00:50:28] tb : then i guess the issue is people will complain cancelling orders will increase their risk value lol [2016-11-04 00:51:18] tb : my above calculation doesn't work [2016-11-04 00:51:46] tb : yeah its not a straightforward one [2016-11-04 00:52:05] sleger : tb: yes it is [2016-11-04 00:52:16] sleger : let's see if @Chumba can figure it out [2016-11-04 00:52:47] tb : you cant really offset working orders [2016-11-04 00:52:49] BitMEX_Wally : tb: It's complicated by the fact we use markPrice for the position, but the limit price for the orders [2016-11-04 00:53:17] tb : but i hope you understand its a pain point for me [2016-11-04 00:53:20] rapidtrades : Tetsuo: prolly part of Operation Marco Polo [2016-11-04 00:53:24] tb : because i have to double my risk value to flip position [2016-11-04 00:53:27] BitMEX_Wally : non working orders are not even counted anyway. only those active in the order book [2016-11-04 00:53:44] BitMEX_Wally : tb: I've raised an issue we'll look into the mathematics [2016-11-04 00:53:48] tb : ok thanks [2016-11-04 00:55:35] REKT : Liquidated long on `XBTUSD`: Sell 18 @ 697.75 [2016-11-04 00:58:04] public username 321 : blacktuesday: that zec-order really isn't big. That's two hours of mining right now. [2016-11-04 00:58:14] public username 321 : and it's gone [2016-11-04 00:58:30] blacktuesday : 2 hours of mining on what? lol [2016-11-04 00:58:36] blacktuesday : how many GPU's? [2016-11-04 00:58:42] public username 321 : blacktuesday: the entire network [2016-11-04 00:58:46] blacktuesday : oh lmao [2016-11-04 00:58:52] rapidtrades : lol [2016-11-04 00:58:53] blacktuesday : i consider that big order [2016-11-04 00:59:00] blacktuesday : its back [2016-11-04 00:59:06] blacktuesday : 150 at 0.56 now [2016-11-04 00:59:32] blacktuesday : someone wants in [2016-11-04 00:59:38] rapidtrades : shorts have nothing to fear but fear itself [2016-11-04 01:00:19] public username 321 : blacktuesday: it's really not that big if you think about it [2016-11-04 01:00:39] Tetsuo : is it big? [2016-11-04 01:00:52] rapidtrades : ofc its big....don't only 10% of mined ZEC go to polo? and that's the biggest exchange [2016-11-04 01:01:05] Tetsuo : no biggy [2016-11-04 01:01:24] rapidtrades : yeah just a day's worth of mining for the entire network [2016-11-04 01:01:42] Tetsuo : that seems big [2016-11-04 01:01:50] rapidtrades : i mean a day's supply on polo [2016-11-04 01:02:48] public username 321 : btc network costs 150 btc in 2 hours - zec network costs almost the same at the price of polo in the same time [2016-11-04 01:03:06] Tetsuo : what should ppl do? buy before we reach the new upper limi? aka 100 BTC? [2016-11-04 01:03:14] public username 321 : Soon zec network will be more expensive than btc network - even on this tiny marketcap [2016-11-04 01:03:25] rapidtrades : that seems like the only smart choice right now @Tetsuo [2016-11-04 01:03:39] rapidtrades : like I literally can't think of anything else to do [2016-11-04 01:03:57] Tetsuo : rapidtrades: or short with a liq above 100? [2016-11-04 01:04:07] rapidtrades : lol [2016-11-04 01:08:29] Chumba : good time to buy ZEC [2016-11-04 01:09:46] Tetsuo : www.zerohedge.com/news/2016-11-03/breaking-news-wikileaks-email-dump-hillary-and-goldman-behind-zec [2016-11-04 01:10:26] Tetsuo : clash of the titans as trump supports BTC [2016-11-04 01:11:46] Tetsuo : BTC/BTC will go above 1 if trump wins [2016-11-04 01:12:06] BitMEX_Greg : then buy now while it's cheap eh? [2016-11-04 01:12:14] Tetsuo : BitMEX_Greg: smart money [2016-11-04 01:15:01] rapidtrades : is XBTZ16 considered stable right now? [2016-11-04 01:15:41] BitMEX_Greg : in what respect? [2016-11-04 01:16:00] messiaen8844 : if you buy it it will crash, leave it alone [2016-11-04 01:16:41] rapidtrades : in terms of following price, ppl have been reporting lot of spiks on non-swap BTC @BitMEX_Greg [2016-11-04 01:16:52] rapidtrades : spikes [2016-11-04 01:17:04] BitMEX_Greg : I think it may just be the basis blowing out from fomo longs [2016-11-04 01:17:32] BitMEX_Greg : the lead MM is still there [2016-11-04 01:18:09] rapidtrades : ppl are no longer fomoing the swap....maybe time to transition over there [2016-11-04 01:18:17] rapidtrades : $35 premium is still farily high [2016-11-04 01:18:44] rapidtrades : ah its $22...must've seen it wrong [2016-11-04 01:19:02] sleger : that or you cant substract [2016-11-04 01:19:06] BitMEX_Greg : Yeah kind of cheap [2016-11-04 01:19:46] Chumba : 720 - 698 = 22 [2016-11-04 01:20:56] sleger : Chumba good judgment chumba [2016-11-04 01:21:17] rapidtrades : sleger: are u still net long BTC? [2016-11-04 01:21:27] sleger : yes [2016-11-04 01:23:04] Chumba : good time to buy ZEC and sell bitcoin [2016-11-04 01:23:09] Chumba : china ban bad [2016-11-04 01:27:19] sleger : Chumba: didn't you star in some space opera movies directed by G Lucas ? [2016-11-04 01:28:02] javierstone : http://www.newsweek.com/major-broker-adds-bitcoin-its-books-516600?utm_content=buffer48b8b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer [2016-11-04 01:28:53] Chumba : a klingon? [2016-11-04 01:29:08] sleger : in a galazy far far away.... [2016-11-04 01:29:22] rapidtrades : Star Trek? [2016-11-04 01:29:45] sleger : almost [2016-11-04 01:29:48] jose : Trek Wars [2016-11-04 01:30:05] sleger : jose: go back sweeping hallways [2016-11-04 01:30:13] rapidtrades : Wars Among the Stars [2016-11-04 01:30:31] sleger : yes, there was a character with a similar name [2016-11-04 01:30:38] sleger : ChumbaK [2016-11-04 01:31:24] Tetsuo : Charlton Heston? Planet of the Apes? [2016-11-04 01:31:40] rapidtrades : that was Earth not in space [2016-11-04 01:31:49] Tetsuo : true : - ( [2016-11-04 01:31:49] rapidtrades : sorry for the spoiler [2016-11-04 01:33:55] Tetsuo : Charlton Heston: " U won´t get my precious BTC **from my cold dead hands** [2016-11-04 01:35:02] rapidtrades : there was this guy that had a bitcoin QR code tattoed on his head [2016-11-04 01:35:10] rapidtrades : what would be the point of that [2016-11-04 01:35:26] Monty : sleger: this looks like u mate: http://juicygif.com/albums/userpics/2016y/04/29/16/1/small_0865-misssweeney-gorgeous-pinup-model-gulping-down-horse-cock.gif [2016-11-04 01:35:31] rapidtrades : maybe it was a public key idk [2016-11-04 01:35:42] Tetsuo : /ban monty [2016-11-04 01:35:49] rapidtrades : he got paid to fix elections [2016-11-04 01:36:04] sleger : BitMEX_Greg: ban Monty [2016-11-04 01:36:09] rapidtrades : +3 [2016-11-04 01:36:42] BitMEX_Greg : haha, oh my [2016-11-04 01:36:43] Monty : oooo touched a nerve did i?