This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2016-11-04 14:50:32] laisee : Trump wins and its all over
[2016-11-04 14:50:57] Rado : laisee: all over?
[2016-11-04 14:52:06] CapitalGains : Guys, I turn my back for 15 minutes and you let BTC drop below 695... I'm disappointed ;)
[2016-11-04 14:52:43] CapitalGains : My first REKT ever :)
[2016-11-04 14:53:06] Rado : CapitalGains: which one was yours?
[2016-11-04 14:53:27] CapitalGains : Only 700, a loss of 0.01 BTC, no biggie fortunately.
[2016-11-04 14:53:54] CapitalGains : I was just playing around to get a feel for things. Lesson learned - don't EVER turn your back on a 100x position. Without stop limits.
[2016-11-04 14:54:28] CapitalGains : Anyway, now I've really gotta run. Have fun.
[2016-11-04 14:55:22] Rado : see ya
[2016-11-04 14:55:51] Smartass : Is the 30 min Index of Zec (ZECXBT30M) just calculated once a day or more often??
[2016-11-04 14:57:06] BitMEX_Greg : Smartass: We are just calculating it everyday for the 30 minutes interval prior to 12:00 UTC
[2016-11-04 15:00:41] REKT : Liquidated long on `XBTZ16`: Sell 1800 @ 720.36
[2016-11-04 15:01:59] Smartass : BitMEX_Greg: Ok i read it but the following is never quite right when i try to calculate it (and it shoudl) MarkPrice= 0,990387+FairBasis
[2016-11-04 15:03:16] Smartass : For example now MP should be: 0.9903873-0,5481431=0.4422
[2016-11-04 15:03:28] Smartass : But in reality it is 0.4089..
[2016-11-04 15:04:00] Smartass : Why is that /What am i doing wrongly
[2016-11-04 15:04:50] BitMEX_Greg : Smartass: Where are you getting 0.990387 from
[2016-11-04 15:05:14] Smartass : https://www.bitmex.com/app/index/.ZECXBT30M
[2016-11-04 15:05:38] BitMEX_Greg : That is for settlement. Mark price uses the live Index Price
[2016-11-04 15:05:51] BitMEX_Greg : Smartass: https://www.bitmex.com/app/index/.ZECXBT
[2016-11-04 15:06:17] REKT : Liquidated long on `XBTUSD`: Sell 498 @ 692.28
[2016-11-04 15:06:22] REKT : Liquidated long on `XBTUSD`: Sell 1 @ 692.08 :punch: :whale:
[2016-11-04 15:06:38] Smartass : BitMEX_Greg: thx!
[2016-11-04 15:07:15] BitMEX_Greg : np
[2016-11-04 15:07:56] BitMEX_Wally : `0.9698500 x (1 + -3.73 x (2016.12.30-2016.11.04) / 365) = 0.4148301`
[2016-11-04 15:10:17] Smartass : BitMEX_Wally: will check...
[2016-11-04 15:19:39] Rado : OKcoin top #1 $BTCUSD contract holder has increased their position by 24174 contracts
[2016-11-04 15:19:52] Rado : sleger is that you? :-)
[2016-11-04 15:20:22] sleger : no
[2016-11-04 15:20:25] Bacon futures trader : howmuch is a contract at the woodchip
[2016-11-04 15:20:31] sleger : 100
[2016-11-04 15:21:46] Rado : so that's $2.4 mill
[2016-11-04 15:21:48] mjones : wtf 24k
[2016-11-04 15:21:59] mjones : let me check
[2016-11-04 15:22:19] Tetsuo : where is chumbo when u need him
[2016-11-04 15:22:23] mjones : damn it is true
[2016-11-04 15:22:31] Tetsuo : can u confirm?
[2016-11-04 15:23:11] Tetsuo : 24*1000*100= 666$
[2016-11-04 15:23:16] Tetsuo : am i doin it right?
[2016-11-04 15:24:07] Smartass : BitMEX_Wally: O.K thanks think i got it...
[2016-11-04 15:25:11] Rado : Major Chinese Exchange #BTCC Selects #Ethereum Classic Over ETH https://cointelegraph.com/news/major-chinese-exchange-btcc-selects-ethereum-classic-over-eth …
[2016-11-04 15:26:03] mjones : lol wtf
[2016-11-04 15:26:10] rapidtrades : yessss
[2016-11-04 15:26:56] mjones : there is barely anything holding etc down. looks like a solid 20x long from here
[2016-11-04 15:27:29] Chumba : Tetsuo: 24,000 * 100 / 1000000 = 2.4m
[2016-11-04 15:27:34] mjones : damn who bought all that etc just now
[2016-11-04 15:27:43] Tetsuo : Chumba: thx
[2016-11-04 15:27:46] mjones : i hope you get adled in 5 minutes
[2016-11-04 15:27:59] Smartass : @BitMEX_Greg @BitMEX_Wally: one more thing about IPM (Impact Mid Price) for Zec16 you go 0.2btc down (Impact Notional) in Orderbook on Bid/ask but
[2016-11-04 15:28:33] BitMEX_Greg : Smartass: I'll be here all day
[2016-11-04 15:28:53] Smartass : what does that mean? price is now 0.3723 with margin about roughly same so that means you take No1 Bid and ask /2?
[2016-11-04 15:29:08] Smartass : BitMEX_Greg: O.K. good to know :)
[2016-11-04 15:30:04] Rado : BitMEX_Greg: if a bot is working well on the testnet is that a good indication that it will do the same live?
[2016-11-04 15:31:01] Rado : BTC trying to hold 690, but it might be hard
[2016-11-04 15:31:02] Tetsuo : @ RADO thanks for the ETC news, this could provide a nice pump
[2016-11-04 15:31:17] Rado : Tetsuo: np
[2016-11-04 15:31:33] REKT : Liquidated long on `XBTUSD`: Sell 8874 @ 690.09
[2016-11-04 15:32:17] BitMEX_Greg : Smartass: IM = 50%, so then IM notional is 0.1 / 0.5 = 0.2 XBT. Since we have 1 contract on bid/ask > 0.2 XBT, then the impact bid and impact ask is pretty much the bid and ask as you see in the book
[2016-11-04 15:32:21] REKT : Liquidated long on `XBTZ16`: Sell 16966 @ 711.77
[2016-11-04 15:32:32] rapidtrades : polo is not buyung the ETC news yet
[2016-11-04 15:33:16] REKT : Liquidated long on `XBJ7D`: Sell 11000 @ 72740
[2016-11-04 15:35:25] rapidtrades : so ETC will be 3rd coin after BTC and LTC?
[2016-11-04 15:35:45] rapidtrades : maybe they'll add ZEC soon
[2016-11-04 15:36:01] BitMEX_Sam : Once there's supply, I don't see why not
[2016-11-04 15:36:14] y1uy : rapidtrades: what etc news?
[2016-11-04 15:36:26] rapidtrades : link ^
[2016-11-04 15:37:42] Smartass : BitMEX_Greg: what do you mean with "we have 1 contract on bid/ask > 0.2 XBT"
[2016-11-04 15:38:20] BitMEX_Greg : Smartass: Since the bid and ask sizes are > 0.2 XBT which is the impact notional, then the bid and ask simply become the impact bid and impact ask
[2016-11-04 15:38:24] Smartass : BitMEX_Sam: like Price on Bid is 0.371018 or the margin for taking that contract is 0.37...
[2016-11-04 15:38:45] wurstgelee : PSA, it's safe to dump ZEC now.
[2016-11-04 15:38:48] wurstgelee : ;)
[2016-11-04 15:38:58] rapidtrades : traitor
[2016-11-04 15:40:02] Smartass : BitMEX_Greg: o.k. but PRICE is important or do you take the Initial Margin that it would take?
[2016-11-04 15:40:12] Rado : funding rate for BTC is still positive despite the dump
[2016-11-04 15:40:56] Smartass : Since the "price" for a future is actually the margin you deposit...
[2016-11-04 15:41:37] rapidtrades : the article is based on this tweet https://twitter.com/YourBTCC/status/794077165759250432
[2016-11-04 15:42:00] Smartass : BitMEX_Greg: its kinda hard to explain...
[2016-11-04 15:42:05] BitMEX_Greg : Smartass: I'm unsure what you mean. What are you trying to work out
[2016-11-04 15:43:10] mjones : lol @ etc orderbook
[2016-11-04 15:43:18] rapidtrades : mm checked out
[2016-11-04 15:43:46] Dann : what is wrong with etc spread....
[2016-11-04 15:43:54] Dann : there we go lol
[2016-11-04 15:44:14] rapidtrades : it's not rallying cos it's just a tweet right now
[2016-11-04 15:44:24] rapidtrades : gues they're waiting for it to be offical? idk
[2016-11-04 15:44:35] Tetsuo : bloomberg screenshot needed
[2016-11-04 15:44:35] rapidtrades : tweet is day old btw
[2016-11-04 15:45:12] Rado : rapidtrades: it's not just a twit
[2016-11-04 15:45:16] Rado : tweet
[2016-11-04 15:45:25] Rado : here is the article
[2016-11-04 15:45:25] Smartass : BitMEX_Greg: say for some reason you would go down not 0.2 btc but 1 btc (IMN=1btc) you would go down as long the prices in the orderbook add up to 1 btc or till the Initial margins required for taking the positions add up to 1btc?
[2016-11-04 15:45:27] Rado : https://cointelegraph.com/news/major-chinese-exchange-btcc-selects-ethereum-classic-over-eth
[2016-11-04 15:45:36] rapidtrades : yes it is, check out the article
[2016-11-04 15:45:48] Smartass : BitMEX_Greg: in case that differs
[2016-11-04 15:45:55] mjones : hopefully that wasnt the btc low. i didnt get in
[2016-11-04 15:45:58] arbitrage001 : Rado: someone was etc bagholder in china it seems
[2016-11-04 15:46:08] Rado : ha ha
[2016-11-04 15:46:11] Rado : I guess
[2016-11-04 15:46:37] Rado : mjones: you will have anotehr chance
[2016-11-04 15:46:41] Dann : this etc spread LOl why so bad
[2016-11-04 15:46:51] Rado : this damage will not go away fast
[2016-11-04 15:47:04] Rado : I am thinking a couple of days of churn
[2016-11-04 15:48:11] Smartass : BitMEX_Greg: o.k. because under "cost" for a market order it shows you the margin requirement not the price. And since margin requirements are different for long and short is different.
[2016-11-04 15:48:24] rapidtrades : its just the tweet, there's nothing but the tweet in that article
[2016-11-04 15:49:00] Rado : rapidtrades: yes
[2016-11-04 15:49:22] Rado : I am disappointed cointeregraph posts shit like this
[2016-11-04 15:49:31] Smartass : BitMEX_Greg: ah its kinda hard to explain...
[2016-11-04 15:49:58] shiroe : testing 4400 btc soon?
[2016-11-04 15:50:17] Rado : 4400 is kind of far
[2016-11-04 15:50:29] Rado : but everything is possible
[2016-11-04 15:50:56] shiroe : it is where major suport is so far.
[2016-11-04 15:51:34] BitMEX_Greg : Smartass: Still unsure what you are trying to work out? Are you wondering why there are different margin requirements for different sizes / directions?
[2016-11-04 15:51:40] Rado : shiroe: support is very subjective
[2016-11-04 15:52:07] rapidtrades : Tetsuo: did u write hat cointelegraph article
[2016-11-04 15:52:24] Tetsuo : not guilty
[2016-11-04 15:52:34] rapidtrades : HE'S GUILTY
[2016-11-04 15:53:34] shiroe : Rado: yeah, no idea but i see 4100 - 400 as major support now, it was a resistance months ago.
[2016-11-04 15:53:44] shiroe : 4400 i mean.
[2016-11-04 15:54:06] Rado : shiroe: do you have a chart?
[2016-11-04 15:54:16] Smartass : BitMEX_Greg: still trying to figure out how the Impact Bid is calculated
[2016-11-04 15:54:36] Smartass : BitMEX_Greg: Just imaginge Impact notional was 1 btc for Zec.
[2016-11-04 15:54:49] BitMEX_Greg : `Impact Bid Price = The average fill price to execute the Impact Margin Notional on the Bid side`
[2016-11-04 15:55:03] shiroe : Rado: none. just looking at houbi 1 week chart since the beginning.
[2016-11-04 15:56:05] Smartass : BitMEX_Greg: so on ask side it you have highest bid 0.4549 and cost 0.2895 so which one would be used for the calculation...
[2016-11-04 15:58:18] BitMEX_Greg : Smartass: I believe it is what is shown to you, that is 0.2895 cost.
[2016-11-04 15:58:34] Smartass : @BitMEX_Greg: Impact Ask is the interesting one Because future have a "price" and a margin requirement which of the 2 would eat away from the 1btc impact
[2016-11-04 15:59:09] Smartass : BitMEX_Greg: ahh o.k.
[2016-11-04 16:00:22] Smartass : BitMEX_Greg: makes sense its like actually exexuting the order on bitmex and "watching" how price would chanbe...
[2016-11-04 16:03:15] zecz : BitMEX_Greg: it looks like the marking price is just future (sell+buy) weighted / 2
[2016-11-04 16:03:19] zecz : and nothing to do with polo
[2016-11-04 16:03:42] BitMEX_Greg : zecz: Yes that is Fair Price marking
[2016-11-04 16:04:08] zecz : so the underlying index (polo) cant move the marking price?
[2016-11-04 16:04:21] zecz : for exmpale say polo trade at 2 and nothing change here
[2016-11-04 16:04:33] zecz : still 0,4 marking price
[2016-11-04 16:05:11] BitMEX_Greg : The Mark Price = Index Price + Fair Value
[2016-11-04 16:05:31] BitMEX_Greg : Fair Value is calculated as the basis between where BitMEX is trading vs where Polo is trading
[2016-11-04 16:06:20] Smartass : BitMEX_Greg: thx - but now i have started something here ;)
[2016-11-04 16:08:31] BitMEX_Greg : np
[2016-11-04 16:11:48] Tetsuo : I closed all my other shitcoin longs and switched it to the one true alt, ETC is it´s name. Honest coin with ethics and attitude built for a better world, how could anyone not buy it???
[2016-11-04 16:13:08] Smartass : Tetsuo: yeah true ethics exploiting a bug, stealing the money and then say "its a feature"....
[2016-11-04 16:13:23] Tetsuo : screw the naysayers
[2016-11-04 16:13:53] Smartass : Tetsuo: not to say that ETH devs didn't deserve this for beeing so careless but the people and their money..
[2016-11-04 16:14:48] Tetsuo : moral as in survival of the fittest! : - )
[2016-11-04 16:16:07] Tetsuo : BitMEX_Greg: could u please reconsider the 100BTC cap for ETC, thx!
[2016-11-04 16:16:25] BitMEX_Greg : You think it will go above that?
[2016-11-04 16:16:35] Smartass : Tetsuo: o.k. we can agree on that ;)
[2016-11-04 16:16:36] Tetsuo : BitMEX_Greg: we have to face reality here!
[2016-11-04 16:16:45] BitMEX_Greg : haha
[2016-11-04 16:19:19] Yuppie : Is it notmal for a deposit to be "pending" for 30mins? Last deposits were in within a few minutes
[2016-11-04 16:19:46] Tetsuo : Yuppie: https://blockchain.info/
[2016-11-04 16:19:59] BitMEX_Greg : Yuppie: It depends on the blockchain. We credit after 1 confirmation on the network
[2016-11-04 16:20:00] Tetsuo : https://blockchain.info/de since the last block
[2016-11-04 16:20:03] mjones : etc dumping on the news
[2016-11-04 16:20:31] Tetsuo : *1h 20m probably a bug in the BTC protocol
[2016-11-04 16:20:42] Tetsuo : China already banning the blockchain
[2016-11-04 16:20:54] Tetsuo : 99% of chinese mining farms already shutdown
[2016-11-04 16:21:00] Tetsuo : it looks pretty bad
[2016-11-04 16:22:18] mjones : i'll be there to catch your panic sells in etc
[2016-11-04 16:22:20] coinrun : Tetsuo: 99% of chinese mining farms already shutdown - what are you talking about?
[2016-11-04 16:23:38] Tetsuo : coinrun: http://www.sinchew.com.my/node/1583715/%E4%BC%A0%E4%BA%BA%E8%A1%8C%E5%A0%B5%E6%AF%94%E7%89%B9%E5%B8%81%E8%B5%B0%E8%B5%84%EF%BC%8E%E7%A6%81%E4%BA%A4%E6%98%93%E5%B9%B3%E5%8F%B0%E8%BD%AC%E5%A2%83%E5%A4%96%E5%B9%B3%E5%8F%B0
[2016-11-04 16:25:01] Tetsuo : it´s even worse than i thought according to the article
[2016-11-04 16:25:42] Tetsuo : 50y in prison for BTC mining seems a bit harsh for me, they could at least have warned them
[2016-11-04 16:26:22] Tetsuo : រួមរ័ក្ស
[2016-11-04 16:26:45] Tetsuo : Cambodia too, we´re all dead.
[2016-11-04 16:27:44] coinrun : Tetsuo: where do you see 50yrs?
[2016-11-04 16:28:00] coinrun : "50y in prison for BTC mining seems a bit harsh for me, they could at least have warned them"
[2016-11-04 16:28:06] Tetsuo : coinrun: it´s linked in the article
[2016-11-04 16:28:20] Tetsuo : i will provide a translation for you later
[2016-11-04 16:28:37] coinrun : Cant find that line in the article
[2016-11-04 16:28:47] poes : lol
[2016-11-04 16:29:37] coinrun : Tetsuo: did you actually read the article
[2016-11-04 16:31:27] coinrun : I translated the article.
[2016-11-04 16:32:07] Tetsuo : lmao
[2016-11-04 16:32:30] coinrun : why the fud?
[2016-11-04 16:32:38] Tetsuo : fun baby fun
[2016-11-04 16:32:57] coinrun : your gonna get squeezed
[2016-11-04 16:33:32] Tetsuo : on my ETC longs? CPC already confirmed that they will use it for all of their business in the future
[2016-11-04 16:36:18] Tetsuo : coinrun: it looks pretty bad for BTC, but you can´t blame me for it!
[2016-11-04 16:40:38] arbitrage001 : Tetsuo: you are malaysian?
[2016-11-04 16:42:48] mjones : etc so bullish
[2016-11-04 16:43:01] Tetsuo : arbitrage001: Papua New Guinea
[2016-11-04 16:43:14] arbitrage001 : ?
[2016-11-04 16:44:01] Tetsuo : ETC is bullish as fuck and PNG is a country, i can confirm both!
[2016-11-04 16:44:19] arbitrage001 : the article you are quoting
[2016-11-04 16:44:23] arbitrage001 : from malaysia
[2016-11-04 16:44:37] Tetsuo : what brings a coin up money, what makes it pump really hard chinese money
[2016-11-04 16:45:05] Tetsuo : arbitrage001: we are allowed to read malaysian articles in PNG, our government has not banned it
[2016-11-04 16:45:50] Tetsuo : my wife aka rapids mom is from malaysia actually
[2016-11-04 16:47:49] numero : stop word-vomiting in the troll box
[2016-11-04 16:48:06] mjones : i wanna go out for a bit but dont wanna miss any action. hopefully nothing happens while china sleeps
[2016-11-04 16:48:20] Tetsuo : mjones: u hsould stay, things are going to happen
[2016-11-04 16:48:24] arbitrage001 : mjones: something big always happen when someone sleep
[2016-11-04 16:48:37] Tetsuo : numero: plz stop trolling, thx
[2016-11-04 16:49:22] numero : Tetsuo: i have a bad case of troll denial :)
[2016-11-04 16:49:57] Tetsuo : i will name my firstborn "classic"
[2016-11-04 16:50:08] mjones : etc
[2016-11-04 16:50:18] Tetsuo : that would sound stupid
[2016-11-04 16:50:30] mjones : i should have fomoed before everyone else here.
[2016-11-04 16:50:52] Tetsuo : ETC7D 8888 8888.00 ETC 0.001347
[2016-11-04 16:50:59] Tetsuo : cheap coins won´t last forever
[2016-11-04 16:51:24] mjones : once 0.00135 breaks ETC should pump like 20%
[2016-11-04 16:51:48] wurstgelee : oh
[2016-11-04 16:51:51] wurstgelee : i bought some
[2016-11-04 16:51:54] Tetsuo : wurstgelee: BUYBUYBUYBUBUABYUBYU
[2016-11-04 16:51:54] wurstgelee : iirc
[2016-11-04 16:52:01] wurstgelee : nah, i bought some earlier
[2016-11-04 16:52:01] mjones : 20x?
[2016-11-04 16:52:04] wurstgelee : spot
[2016-11-04 16:52:06] mjones : o
[2016-11-04 16:52:18] wurstgelee : didnt get reasonable fills here
[2016-11-04 16:52:32] wurstgelee : paid 128 iirc
[2016-11-04 16:52:41] yerb : does trailing stop cost me something extra when it executes?
[2016-11-04 16:53:08] wurstgelee : Buy 0.00128200
[2016-11-04 16:53:10] wurstgelee : ;)
[2016-11-04 16:53:19] wurstgelee : yerb: nope
[2016-11-04 16:53:26] arbitrage001 : wurstgelee: etc?
[2016-11-04 16:53:30] wurstgelee : arbitrage001: yes
[2016-11-04 16:53:35] arbitrage001 : any good reason why you are buying?
[2016-11-04 16:53:43] arbitrage001 : china news?
[2016-11-04 16:54:06] wurstgelee : because 128 seems low,we didnt have a ecent etc pump for a while, shilbert is shilling, upcoming #altsareback
[2016-11-04 16:54:12] wurstgelee : *decent
[2016-11-04 16:54:19] wurstgelee : etc..
[2016-11-04 16:54:30] arbitrage001 : i see
[2016-11-04 16:54:44] mjones : etc spending 6 days down here at the low
[2016-11-04 16:54:55] wurstgelee : mjones: yep
[2016-11-04 16:55:15] arbitrage001 : well, catching falling knife is always dangero
[2016-11-04 16:55:22] arbitrage001 : dangerous
[2016-11-04 16:55:33] mjones : i'll fomo long etc if there is a ton of buying
[2016-11-04 16:56:06] arbitrage001 : if btcc adding etc, houbi and okcoin might follow
[2016-11-04 16:56:17] blacktuesday : zcash going up yet?
[2016-11-04 16:56:54] arbitrage001 : blacktuesday: zcash will most likely go down till whale accumulate enough to pump i
[2016-11-04 16:59:26] blacktuesday : whales need to hurry up.. will be harder to pump as supply increases
[2016-11-04 17:01:12] arbitrage001 : they can cno accumulate when supply is non-existance
[2016-11-04 17:01:17] arbitrage001 : can not
[2016-11-04 17:03:18] blacktuesday : lol @ 1 contract buys on xbtusd
[2016-11-04 17:04:08] blacktuesday : tradin' dirty
[2016-11-04 17:04:56] NL007 : arbitrage001: zcash supply growth is is going up and up no whale is crazy to touch it now
[2016-11-04 17:05:18] arbitrage001 : NL007: maybe
[2016-11-04 17:06:31] blacktuesday : market depth is interesting for zcash on polo. bids are stacked below 0.6
[2016-11-04 17:06:51] arbitrage001 : blacktuesday: i have bid here at 0.1 also
[2016-11-04 17:07:26] NL007 : blacktuesday: yes but they will move bids if we go lower
[2016-11-04 17:08:24] arbitrage001 : NL007: how low do you think it will go?
[2016-11-04 17:08:38] blacktuesday : was telling to see zcash dumping while xmr, eth and other alts were rising
[2016-11-04 17:08:43] NL007 : we will see a few small rallies
[2016-11-04 17:08:50] blacktuesday : 0.01 should be the real bottom
[2016-11-04 17:09:23] NL007 : below 0.1 for sure in 2 weeks
[2016-11-04 17:09:37] NL007 : brb
[2016-11-04 17:12:07] bernx : 686 here and 685 on huobi
[2016-11-04 17:12:08] bernx : wtf
[2016-11-04 17:12:40] thomaskikansha : finex and stamp higher than china
[2016-11-04 17:18:02] blacktuesday : bottom here?
[2016-11-04 17:18:12] blacktuesday : who's buying 685?
[2016-11-04 17:20:07] QuantFocus : 650 is feasible
[2016-11-04 17:20:24] Rekted : blacktuesday: try
[2016-11-04 17:20:31] mjones : will the double bottom hold or 4400 CNY / $650 incoming
[2016-11-04 17:20:49] QuantFocus : technicals just turning bearish, so we'll see how it plays out.
[2016-11-04 17:21:11] martinium : I see 650 also
[2016-11-04 17:21:33] QuantFocus : :whale:
[2016-11-04 17:21:57] QuantFocus : the almighty whales might just mess with us and reverse it here though
[2016-11-04 17:22:14] arbitrage001 : QuantFocus: nl007 is your alt?
[2016-11-04 17:24:38] QuantFocus : arbitrage001: that guy is way better looking than me
[2016-11-04 17:27:47] arbitrage001 : QuantFocus: since you know zcash will below 0.1 for sure, are you shorting it?
[2016-11-04 17:28:17] QuantFocus : arbitrage001: i never said that
[2016-11-04 17:28:23] QuantFocus : and no, i won't
[2016-11-04 17:28:36] arbitrage001 : my mistake then
[2016-11-04 17:28:40] QuantFocus : i got rekt something fierce on zec short already. my butt still hurts
[2016-11-04 17:28:42] arbitrage001 : thought you are nl007
[2016-11-04 17:29:03] martinium : 685 keeps getting defended
[2016-11-04 17:30:36] QuantFocus : ichimoku support line
[2016-11-04 17:33:25] martinium : SegWit after next week also
[2016-11-04 17:33:45] martinium : if China neuters their bitcoin miners USA and Europe will take over
[2016-11-04 17:34:29] arbitrage001 : martinium: china cant nuke the miners
[2016-11-04 17:34:43] arbitrage001 : miners can just go underground
[2016-11-04 17:39:32] Tetsuo : CPC will find you!
[2016-11-04 17:40:23] Tetsuo : The PBOC and CPC hates Japanese inventions, as should every loyal chinese do!
[2016-11-04 17:41:55] Tetsuo : LTC on the other hand
[2016-11-04 17:42:40] Tetsuo : has a clean history
[2016-11-04 17:43:20] Tetsuo : ETC too : - D
[2016-11-04 17:50:02] REKT : Liquidated short on `ETC7D`: Buy 25 @ 0.001398
[2016-11-04 17:57:34] Tetsuo : #ETCONBTCCSOON
[2016-11-04 18:08:18] Tetsuo : open the Gates
[2016-11-04 18:14:20] QuantFocus : yea, the dumpgates
[2016-11-04 18:16:54] Tetsuo : Our new savior might spend alms for the blinded
[2016-11-04 18:25:23] martinium : Tetsuo: bitcoin is not japanese invention Satoshi nakamoto was just a pseudonym
[2016-11-04 18:25:36] martinium : a fake name
[2016-11-04 18:25:45] Tetsuo : proove it
[2016-11-04 18:25:54] martinium : Gavin Andresen says it is that Aussie Craig Wright
[2016-11-04 18:26:13] martinium : since he was one of first to start coding bitcoin with him
[2016-11-04 18:26:35] Tetsuo : i´m not convinced, and so aren´t the people of china!!!
[2016-11-04 18:26:41] martinium : makes sense since the guy has a Phd in cryptography
[2016-11-04 18:26:55] BitMEX_Greg : martinium: How come he can't prove it though. Like he can't send a transaction with satoshi's private keys?
[2016-11-04 18:27:09] Tetsuo : BitMEX_Greg: Lost in Necropolis
[2016-11-04 18:27:10] martinium : he proved it to Gavin in private @BitMEX_Greg
[2016-11-04 18:27:20] Tetsuo : in private lmao
[2016-11-04 18:27:21] martinium : but hes too much of a pussy to do it publicly
[2016-11-04 18:27:21] BitMEX_Greg : why in private?
[2016-11-04 18:27:31] martinium : prob an introvert
[2016-11-04 18:27:37] martinium : scared of spotlight
[2016-11-04 18:27:40] chromaticcr1 : * in crypto and math we trust *
[2016-11-04 18:27:45] martinium : there are many intelligent people that are like that
[2016-11-04 18:27:48] BitMEX_Greg : funny coincidence.. he lived about 1min away from where I grew up
[2016-11-04 18:28:03] martinium : whats funny is that the system he provided does not need him
[2016-11-04 18:28:10] martinium : it functions with crypto and math
[2016-11-04 18:28:15] martinium : better than any central bank
[2016-11-04 18:28:16] Tetsuo : BitMEX_Greg: r u the real satoshi?
[2016-11-04 18:28:40] Tetsuo : *tumbleweed
[2016-11-04 18:28:46] BitMEX_Greg : haha
[2016-11-04 18:28:47] BitMEX_Greg : I wish
[2016-11-04 18:30:15] Tetsuo : BitMEX_Greg: if u were Satoshi would u still love Mark K.?
[2016-11-04 18:30:25] Tetsuo : cuz i would
[2016-11-04 18:30:30] BitMEX_Greg : how come
[2016-11-04 18:31:00] Tetsuo : no Gox no pump in the first place he brought all that money together
[2016-11-04 18:31:42] BitMEX_Greg : silver lining I guess
[2016-11-04 18:34:15] numero : I'm curious what you guys think, have the crypto markets ever been "rational"?
[2016-11-04 18:34:55] BitMEX_Greg : What's rational
[2016-11-04 18:35:14] numero : hmm, based on fundamentals I guess
[2016-11-04 18:35:15] wurstgelee : yes
[2016-11-04 18:35:22] numero : hence the air quotes ;)
[2016-11-04 18:35:25] wurstgelee : ;)
[2016-11-04 18:35:31] QuantFocus : we're live on zec marking?
[2016-11-04 18:35:40] wurstgelee : yes
[2016-11-04 18:35:45] QuantFocus : damn! look at that basis
[2016-11-04 18:36:00] numero : wurstgelee: how so?
[2016-11-04 18:36:14] QuantFocus : it's actually low considering inflation
[2016-11-04 18:36:25] numero : I believe you, just curious as to why they are rational
[2016-11-04 18:37:03] wurstgelee : numero: because even irrational behavior can be explained with rational arguments. the problem is, you often can't that in realtime but only in hindsight
[2016-11-04 18:37:08] wurstgelee : but that doesnt make it less rational
[2016-11-04 18:37:10] wurstgelee : =)
[2016-11-04 18:37:42] numero : wurstgelee: okay thanks
[2016-11-04 18:37:47] wurstgelee : //2 cents ;)
[2016-11-04 18:37:56] numero : wurstgelee: they are predictably irrational ;)
[2016-11-04 18:38:02] wurstgelee : yes
[2016-11-04 18:38:11] wurstgelee : which makes it rational again ;)
[2016-11-04 18:38:42] wurstgelee : every irrational behavior can be rationally explained if broken down into small enough pieces
[2016-11-04 18:39:25] wurstgelee : u might have to go down to subatomic level - but its there
[2016-11-04 18:39:26] wurstgelee : :]
[2016-11-04 18:39:59] wurstgelee : or simpler: nothing is irrational. we just cant explain it ;)
[2016-11-04 18:40:38] numero : what if nothing is rational and we're just confused :) ?
[2016-11-04 18:42:05] wurstgelee : haha
[2016-11-04 18:42:07] wurstgelee : or that ;)
[2016-11-04 18:51:58] Tetsuo : i´m going to revisit the "Salo or the 120 days of sodom" for the first time in 20 years, on acid, wish me good luck , bye
[2016-11-04 18:55:25] khessabi2 : Oh man look at this shiity etc walls in bitmex!!!.....if I had that much money , I probebly makin some market for u!!
[2016-11-04 18:57:12] khessabi2 : that poor guy that bought 500 etc at 160!!
[2016-11-04 18:57:53] wurstgelee : btc better die. i picked short for this evening ;)
[2016-11-04 18:58:22] wurstgelee : khessabi2: lol. orderbooks dont matter here
[2016-11-04 18:58:29] wurstgelee : polo makes the price, we follow
[2016-11-04 18:58:31] wurstgelee : simple as that
[2016-11-04 18:58:40] wurstgelee : its marked to polo
[2016-11-04 19:00:04] BitMEX_Sam : They do matter, the basis to polo still depends on the book here.
[2016-11-04 19:02:08] wurstgelee : ok, short term it does
[2016-11-04 19:02:10] wurstgelee : i agree
[2016-11-04 19:02:20] wurstgelee : doesnt at settlement tho
[2016-11-04 19:02:21] wurstgelee : ;)
[2016-11-04 19:05:01] khessabi2 : BitMEX_Sam: thx but that kind of spread isn't acceptable....If I had A million do some market making for u guys =))).....but the fact is I'm just a Normal dude ! ;)
[2016-11-04 19:05:22] wurstgelee : spreads tend to be high on alts here
[2016-11-04 19:05:24] wurstgelee : yep
[2016-11-04 19:05:30] wurstgelee : there are most likely hidden orders tho ;)
[2016-11-04 19:05:54] wurstgelee : use post-only order to check ;)
[2016-11-04 19:06:42] khessabi2 : wurstgelee: yeah =))...ok I will ;)
[2016-11-04 19:06:44] wurstgelee : bots might be checking that too and accept your offer
[2016-11-04 19:06:49] wurstgelee : =)
[2016-11-04 19:06:55] wurstgelee : just that u know
[2016-11-04 19:07:15] khessabi2 : just looking on litecoin trade here =)))))))
[2016-11-04 19:07:20] khessabi2 : poor lite
[2016-11-04 19:07:24] wurstgelee : hehehe
[2016-11-04 19:07:50] QuantFocus : china will use LTC to circumvent BTC transfer bans
[2016-11-04 19:08:08] khessabi2 : QuantFocus: opinion or fact?
[2016-11-04 19:08:08] hhhhh : can someone explain to me what the funding rate means? like if i short BTC/USD then i receive the funding rate % on that trade?
[2016-11-04 19:08:09] rapidtrades : no ZEC
[2016-11-04 19:08:23] rapidtrades : they will use ZEC stupids, the premium anoncoin
[2016-11-04 19:08:25] QuantFocus : khessabi2: just bullshitting. but it's possible
[2016-11-04 19:08:43] khessabi2 : QuantFocus: maybe
[2016-11-04 19:08:49] BitMEX_Sam : hhhhh: See https://www.bitmex.com/app/swapsGuide#Funding
[2016-11-04 19:08:52] QuantFocus : LTC is still one of the deepest alt markets. can absorb more capital than most without slippage
[2016-11-04 19:09:07] hhhhh : BitMEX_Sam: yeah i read that and i dont understand
[2016-11-04 19:09:29] QuantFocus : does it still have utility? maybe not...but definitely can handle volume
[2016-11-04 19:09:29] rapidtrades : surely they will phrase the restrictions to include all crypto not BTC only?
[2016-11-04 19:09:40] QuantFocus : rapidtrades: doubtful
[2016-11-04 19:09:42] hhhhh : BitMEX_Sam: can you give an exampple wit ha short?
[2016-11-04 19:09:47] khessabi2 : QuantFocus: check this idea on tradingview on LTC https://www.tradingview.com/chart/LTCBTC/IOPWr67e-LTCBTC-Let-s-wrap-it-up-Enjoy/
[2016-11-04 19:09:51] rapidtrades : wtf...what do u mean doubtful
[2016-11-04 19:10:15] BitMEX_Sam : hhhhh: See https://www.bitmex.com/app/swapsGuideExamples#Long-ETHXBT-Swap-Example
[2016-11-04 19:10:24] rapidtrades : why would they put 'bitcoin' in a law when they can use 'cryptocurrency'
[2016-11-04 19:10:26] BitMEX_Greg : hhhhh: `Funding: Periodic payments exchanged between the buyer and seller every 8 hours. If the rate is positive, then longs will pay and shorts will receive the rate, and vice versa if the rate is negative. `
[2016-11-04 19:10:41] rapidtrades : thats like banning Philip Morris ads and not cigarettes
[2016-11-04 19:10:57] wurstgelee : because this is stupid and china wont ban bitcoin
[2016-11-04 19:11:00] wurstgelee : or crypto
[2016-11-04 19:11:17] rapidtrades : they'll add restrictions tho
[2016-11-04 19:11:22] hhhhh : BitMEX_Greg: would a short position receive the funding rate on its whole position including the margin it has on?
[2016-11-04 19:11:37] hhhhh : oh and thaks for all this help
[2016-11-04 19:11:51] QuantFocus : khessabi2: not bad
[2016-11-04 19:12:04] BitMEX_Greg : hhhhh: It is on the total notional of the position
[2016-11-04 19:12:40] hhhhh : BitMEX_Greg: so basically the total order value including margin right?
[2016-11-04 19:12:48] wurstgelee : rapidtrades: they wont cripple it seriously. also how could they possibly prevent btc from being transfered abroad? ;)
[2016-11-04 19:12:55] QuantFocus : rapidtrades: i just think govt's are slow and reactive. i don't think they even know what "cryptocurrency" is...just bitcoin because of it's prevalence
[2016-11-04 19:12:57] wurstgelee : technically?
[2016-11-04 19:12:58] wurstgelee : ;)
[2016-11-04 19:13:11] BitMEX_Greg : hhhhh: The total order value (which yes effectively includes your margin)
[2016-11-04 19:13:15] QuantFocus : wurstgelee: they can control the ability to purchase it
[2016-11-04 19:13:23] QuantFocus : via bank accounts and trade platforms
[2016-11-04 19:13:54] wurstgelee : that would cripple it too much
[2016-11-04 19:13:59] hhhhh : BitMEX_Greg: i see. so then if the rate is positive then why wouldn't everyone short the asset to get that fudning rate percentage?
[2016-11-04 19:14:04] wurstgelee : china has no intend in that
[2016-11-04 19:14:06] wurstgelee : ;)
[2016-11-04 19:14:23] BitMEX_Greg : hhhhh: They do
[2016-11-04 19:14:31] QuantFocus : hhhhh: 1) the spread, 2) volatility
[2016-11-04 19:15:03] QuantFocus : it's certainly not a risk free trade, trying to pick up that funding
[2016-11-04 19:15:15] BitMEX_Greg : hhhhh: But yes, also some people may think that the asset may go up more than the funding
[2016-11-04 19:15:59] hhhhh : QuantFocus: @BitMEX_Greg i see now thanks guys. do these funding rate expiries tend to be very volatile periods on Bitmex?
[2016-11-04 19:16:42] QuantFocus : yes
[2016-11-04 19:17:04] QuantFocus : maybe not with funding rate at .02% like it is now, but when it's near caps
[2016-11-04 19:17:23] hhhhh : gotcha
[2016-11-04 19:17:32] wurstgelee : sooo...dump inbound*
[2016-11-04 19:17:36] wurstgelee : *knocksonwood*
[2016-11-04 19:17:57] QuantFocus : wurstgelee: my bet is we see something within 6 hours
[2016-11-04 19:18:05] wurstgelee : my short agrees ;)
[2016-11-04 19:18:08] QuantFocus : 80% probability down move
[2016-11-04 19:18:21] wurstgelee : based on? or your estimate?
[2016-11-04 19:18:37] QuantFocus : estimate based on ta
[2016-11-04 19:18:40] arbitrage001 : please go down to 100 so i can buy lol
[2016-11-04 19:18:44] arbitrage001 : or 1
[2016-11-04 19:18:44] rapidtrades : his asstimate
[2016-11-04 19:18:53] QuantFocus : rapidtrades: :whale:
[2016-11-04 19:19:06] QuantFocus : but he's right. i just make this shit up as i go
[2016-11-04 19:19:34] wurstgelee : thought so but i was wondering how u came to that percentage
[2016-11-04 19:20:09] arbitrage001 : statistician always pull number out of their ass
[2016-11-04 19:20:19] wurstgelee : not so sure we will have to wait hours tbh
[2016-11-04 19:20:21] QuantFocus : i have an algorithmic regression i run
[2016-11-04 19:21:00] QuantFocus : 60% of the time, it works every time
[2016-11-04 19:21:54] wurstgelee : i only drink a little and rarely but if i do, i drink a lot and frequently
[2016-11-04 19:22:18] QuantFocus : :cheers:
[2016-11-04 19:22:28] wurstgelee : A la votre!
[2016-11-04 19:26:15] haxmb : admins here?
[2016-11-04 19:26:28] wurstgelee : hm. bulls vs bears atm okc/huobi
[2016-11-04 19:26:52] haxmb : BitMEX_Greg: @BitMEX_Sam you guys changed the contract type for ETH right?
[2016-11-04 19:27:04] wurstgelee : haxmb: perpetual died today
[2016-11-04 19:27:12] wurstgelee : alts are 7d futures now
[2016-11-04 19:27:19] haxmb : I did not receive any advance notice of this, where was the announcement?
[2016-11-04 19:27:28] wurstgelee : some announcement
[2016-11-04 19:27:30] wurstgelee : also email
[2016-11-04 19:27:36] haxmb : wurstgelee: when :o
[2016-11-04 19:27:36] BitMEX_Greg : haxmb: We sent out an email about 2 weeks ago
[2016-11-04 19:27:43] wurstgelee : that ;)
[2016-11-04 19:27:54] haxmb : ok, crap
[2016-11-04 19:27:56] BitMEX_Greg : haxmb: Also in the blog here: https://blog.bitmex.com/site_announcement/important-changes-altcoin-derivative-products/
[2016-11-04 19:28:06] BitMEX_Greg : and the little announcements icon at the top
[2016-11-04 19:28:43] haxmb : in one of the crypto traders digest mails?
[2016-11-04 19:29:02] haxmb : because I'd appreciate it in a separate mail with a title like "symbol changes" or something
[2016-11-04 19:29:19] wurstgelee : i dont like this. closed my short oO
[2016-11-04 19:29:28] haxmb : this is the second or third time you changed something that fucked up my system :P
[2016-11-04 19:29:54] wurstgelee : bitmex is a fluid organism
[2016-11-04 19:29:57] wurstgelee : ;)
[2016-11-04 19:30:21] RoftheN : Oh Lisk dissapeared
[2016-11-04 19:30:24] BitMEX_Greg : haxmb: The title was "Important Changes to Altcoin Derivative Products"
[2016-11-04 19:30:31] BitMEX_Greg : subject line*
[2016-11-04 19:31:06] haxmb : well then I'm not on your email list :O
[2016-11-04 19:31:09] haxmb : shit
[2016-11-04 19:31:14] RoftheN : can anyone make me money by saying what I should do with 0.1 BTC, what, how much leverage and when?
[2016-11-04 19:31:24] RoftheN : Even I'm on the email list
[2016-11-04 19:31:48] haxmb : I did not get an email with that message
[2016-11-04 19:31:51] haxmb : only getting digests
[2016-11-04 19:32:13] wurstgelee : from same email-db?
[2016-11-04 19:32:13] haxmb : could you add me to the list of those kind of announcements?
[2016-11-04 19:32:16] wurstgelee : probably
[2016-11-04 19:33:43] haxmb : BitMEX_Greg: can i be put on the list? :D
[2016-11-04 19:34:46] BitMEX_Greg : haxmb: Can you send us a support ticket with you are not getting the emails sent to? You should have received this
[2016-11-04 19:38:11] BitMEX_Sam : haxmb: We took a look, it appears you manually unsubscribed from these messages. I can re-add you if you like.
[2016-11-04 19:44:15] sleger : how could you do that...
[2016-11-04 19:48:02] REKT : Liquidated long on `ETC7D`: Sell 100 @ 0.001375
[2016-11-04 19:51:01] wurstgelee : i am glad i switched to long tbh....
[2016-11-04 19:54:46] haxmb : BitMEX_Sam: :?
[2016-11-04 19:54:47] haxmb : :/
[2016-11-04 19:54:50] haxmb : whoopsie
[2016-11-04 19:54:51] haxmb : :D
[2016-11-04 19:54:54] haxmb : cheers lads
[2016-11-04 19:55:14] Chumba : someone offering 25bitcoin reward to darknet markets for zcash integration
[2016-11-04 19:55:52] javierstone : lol
[2016-11-04 19:56:39] BitMEX_Greg : haxmb: all good?
[2016-11-04 19:57:31] Cryptlex : BitMEX_Greg: Why does the entry price only change when I increase my position, but not when I partially net out?
[2016-11-04 19:57:33] arbitrage001 : Chumba: source?
[2016-11-04 19:57:50] sleger : Cryptlex: when you exit you dont enter
[2016-11-04 19:57:51] Chumba : reddit
[2016-11-04 19:57:58] sleger : so why would it change your enter price
[2016-11-04 19:58:20] javierstone : dow and s&p closing down
[2016-11-04 19:58:22] javierstone : bad news
[2016-11-04 19:58:25] javierstone : good for btc
[2016-11-04 19:58:46] BitMEX_Greg : Cryptlex: as sleger finely put it
[2016-11-04 19:58:49] sleger : btc has ZERO correlation to dow/s&p
[2016-11-04 19:59:15] wurstgelee : unless massive crash of dow/s&p
[2016-11-04 19:59:21] wurstgelee : but thats a special case
[2016-11-04 19:59:26] sleger : BitMEX_Greg: fine will do, but I aim for excellence
[2016-11-04 20:00:17] khessabi2 : show me your self 666 =))
[2016-11-04 20:00:29] khessabi2 : come on ...come to daddy
[2016-11-04 20:00:44] khessabi2 : 666 on ETC
[2016-11-04 20:01:13] khessabi2 : set 666 on 138 =))
[2016-11-04 20:02:05] javierstone : dow closed down 8 days in a row, first time since 1980
[2016-11-04 20:02:34] Tetsuo : khessabi2: The devil actually loves 138 https://www.youtube.com/watch?v=V4IqSGhQkz8
[2016-11-04 20:03:52] khessabi2 : Tetsuo: loooool
[2016-11-04 20:04:16] khessabi2 : Tetsuo: what the is that ..I prefer 666
[2016-11-04 20:04:34] khessabi2 : hell*
[2016-11-04 20:12:53] wurstgelee : 4700