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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[2015-01-06 16:09:11] BitMEX_Arthur : yes
[2015-01-06 16:09:37] underbank : it is strange that the XBT does not trade at a significant premium to the XBU
[2015-01-06 16:10:11] BitMEX_Arthur : guess there is a potential trade for you there :)
[2015-01-06 16:10:29] underbank : hehe, maybe
[2015-01-06 16:12:08] underbank : if I one had the probability density of the future bitcoin price then one could estimate the fair difference
[2015-01-06 16:12:52] underbank : maybe one could get it out of bitcoin option prices but I guess that market is till very illiquid
[2015-01-06 16:13:09] BitMEX_Arthur : yep
[2015-01-06 16:13:24] BitMEX_Arthur : i call the difference between XBT and XBU of similar maturity the pseudo implied volatility
[2015-01-06 16:14:20] underbank : why even pseudo?
[2015-01-06 16:15:15] BitMEX_Arthur : a combo of XBT and XBU futures is almost like a strangle, but the returns aren't linear on the wings when the price trades outside the profitable range
[2015-01-06 16:17:17] underbank : mhh ok. but you could easily calculate the implied volatility, assuming a certain distribution, e.g. lognormal
[2015-01-06 16:18:09] underbank : you would just have to fit a probability density to the payoffs of the combo such that the expected payoff equals the difference
[2015-01-06 16:18:31] underbank : (difference in price between the two contracts)
[2015-01-06 16:18:35] BitMEX_Arthur : sounds like you should give it a go
[2015-01-06 16:18:58] BitMEX_Arthur : will be interesting to see the empirical data as BitMEX is around longer
[2015-01-06 16:19:36] underbank : yes
[2015-01-06 16:23:12] underbank : cu guys
[2015-01-06 16:23:19] BitMEX_Arthur : bye
[2015-01-07 10:53:10] cumberland : When can we see BXTZ14 leave the Positions section?
[2015-01-07 11:13:30] BitMEX_Arthur : cumberland: we are working on a more comprehensive positions widget, it will be ready in short order
[2015-01-07 14:45:25] dreadpiratedickstein : https://www.youtube.com/watch?v=JhbhExed-OE
[2015-01-07 14:46:03] dreadpiratedickstein : heed my warning fellow sith lords
[2015-01-07 14:46:05] BitMEX_Arthur : is the new season on yet
[2015-01-07 14:46:07] dreadpiratedickstein : 120 dollar btc
[2015-01-07 14:46:09] dreadpiratedickstein : https://www.youtube.com/watch?v=7eo4HSq2BIk
[2015-01-07 14:47:01] dreadpiratedickstein : boardwalk empire, je sais pas
[2015-01-07 14:56:09] BitMEX_Arthur : it's all about game of thrones
[2015-01-07 17:27:12] dreadpiratedickstein : yes it is
[2015-01-07 17:27:19] dreadpiratedickstein : Bitcoin Morghules ;)
[2015-01-08 03:10:05] jkh : is there a blog post or a quick explanation about the difference between the quanto and the inverse contract?
[2015-01-08 03:10:23] BitMEX_Arthur : yes let me get the link for you
[2015-01-08 03:11:20] BitMEX_Arthur : https://blog.bitmex.com/xbt-vs-xbu-chain/
[2015-01-08 03:11:34] BitMEX_Arthur : under the references section there is also a link to our blog as well
[2015-01-08 03:11:41] BitMEX_Arthur : if you have any questions let us know
[2015-01-08 03:11:57] jkh : oh thanks!
[2015-01-08 03:17:46] jkh : Very nicely written.
[2015-01-08 03:24:35] jkh : so you have the next three months and the next three quarters respectively?
[2015-01-08 03:26:57] BitMEX_Arthur : Yes
[2015-01-08 03:28:11] jkh : beautiful site, multisig deposit is a nice touch.
[2015-01-08 03:29:01] BitMEX_Arthur : Thank you how did you hear about us
[2015-01-08 03:31:15] jkh : Heard about the new volatility contract. But Quantos contract is what convinced me to deposit coins just now.
[2015-01-08 12:00:14] joequant : @underbank: I'm in the middle of doing that calculation.
[2015-01-08 12:00:44] joequant : You should be able to do the calculation by just using Ito's lemma.
[2015-01-08 12:01:41] joequant : The big unknown isn't the volatility, you can sort of guess that.
[2015-01-08 12:01:51] joequant : It's the term structure of the interest rate curve.
[2015-01-08 12:11:55] rhk : presumably you can take the inverse futures to generate an implied term structure
[2015-01-08 14:11:12] joequant : and the quantos two
[2015-01-08 14:11:20] joequant : They should have the same term structure
[2015-01-08 14:11:37] joequant : There is a convexity correction to the inverse futures.
[2015-01-08 14:12:06] joequant : All that is for next week.
[2015-01-08 14:12:22] joequant : Right now I'm just trying to get the infrastructure together
[2015-01-08 14:12:32] joequant : I'm using ipython
[2015-01-08 14:12:35] joequant : and quantlib
[2015-01-08 14:12:45] joequant : in a docker image
[2015-01-08 17:07:13] dreadpiratedickstein : bitcoin must burn
[2015-01-08 17:07:20] dreadpiratedickstein : ~scipio bitcoincanus~
[2015-01-08 17:09:04] BitMEX_Sam : Not today
[2015-01-08 17:09:35] dreadpiratedickstein : Carthage is burning dude lol
[2015-01-08 18:24:56] dreadpiratedickstein : "fucking amateurs dude"
[2015-01-08 18:25:12] dreadpiratedickstein : who dat Benjamin guy?
[2015-01-08 18:25:44] dreadpiratedickstein : want me to buy some xvol
[2015-01-08 18:25:51] dreadpiratedickstein : I'll buy one for shits and giggles
[2015-01-08 18:25:53] dreadpiratedickstein : where it at?
[2015-01-08 18:26:40] dreadpiratedickstein : found it
[2015-01-08 18:26:41] dreadpiratedickstein : done
[2015-01-08 18:28:42] BitMEX_Sam : It's definitely been trending
[2015-01-08 18:28:47] BitMEX_Sam : We'll see
[2015-01-08 18:29:15] BitMEX_Sam : Lots of speculation that Benjamin was Bearwhale but I'm not really sure if it's the same guy or a troll
[2015-01-08 18:29:28] BitMEX_Sam : regardless of whether or not it's actually the guy, he's definitely trolling
[2015-01-08 18:44:23] dreadpiratedickstein : charts are too weak
[2015-01-08 18:44:32] dreadpiratedickstein : hasn't even bottomed. looks like oil
[2015-01-08 18:44:51] dreadpiratedickstein : well....then benjamin did my job for me if he was bearwhale
[2015-01-08 18:44:55] dreadpiratedickstein : he deserves a ham sandwhich
[2015-01-09 03:13:56] rhk : i had a couple of spread orders open, but today they've disappeared, and i dont see any trades
[2015-01-09 03:17:22] BitMEX_Arthur : Ok will take a look
[2015-01-09 03:17:36] rhk : i emailed over the order ids and details
[2015-01-09 03:19:43] rhk : i think they are still being returned as active by the api, just dont appear on the screen. did something change overnight with regards to filtering etc?
[2015-01-09 03:21:07] rhk : the orders have been there for a while - since 4th jan
[2015-01-09 03:22:13] rhk : ah ok.. i think your order display is broken
[2015-01-09 03:22:30] BitMEX_Arthur : What are you seeing
[2015-01-09 03:22:31] rhk : after multiple F5 refresh i can see one order or the other, depending on the selected instrument
[2015-01-09 03:22:48] rhk : select F-G, i can see the F-G spread under 'all open orders'
[2015-01-09 03:22:50] BitMEX_Arthur : ok can you screen shot pla
[2015-01-09 03:25:26] rhk : done
[2015-01-09 09:32:44] BitMEX_Sam : Thanks for the report @rhk, this issue is fixed
[2015-01-09 10:20:31] victorin : Hi there, I'm sorry for the novice question...
[2015-01-09 10:20:41] victorin : but it is possible to place a market order?
[2015-01-09 10:20:50] victorin : I mean, how can I buy 10 contracts at current price?
[2015-01-09 10:20:56] BitMEX_Sam : Hey victorin: at this time, no, we don't support that
[2015-01-09 10:20:59] BitMEX_Arthur : which ticker
[2015-01-09 10:21:01] BitMEX_Arthur : ?
[2015-01-09 10:21:03] BitMEX_Sam : The easiest way to do it is to click the orderbook
[2015-01-09 10:21:26] BitMEX_Sam : That will autofill the order controls so you can make an order that will hit the market.
[2015-01-09 10:21:44] victorin : I see, great!
[2015-01-09 10:22:04] victorin : is there any way to save the chart state?
[2015-01-09 10:22:09] BitMEX_Sam : Of course, watch the quantity before you execute, it will autofill with the cumulative.
[2015-01-09 10:22:10] victorin : I've added some indicators
[2015-01-09 10:22:17] BitMEX_Sam : Yes that should autosave to your browser
[2015-01-09 10:22:17] victorin : got it, thanks
[2015-01-09 10:22:26] victorin : cool, good job guys!
[2015-01-09 10:22:28] BitMEX_Sam : If you refresh your indicators will be saved
[2015-01-09 10:22:36] BitMEX_Sam : You can also screenshot with the green icon.
[2015-01-09 10:22:37] BitMEX_Sam : Thanks
[2015-01-09 10:23:29] BitMEX_Sam : Hmm, hold, that appears to not be working for me on Chrome. I'll look into it
[2015-01-09 10:24:04] BitMEX_Sam : There were some bugs in an update of the underlying tradingview chart, I'll suss them out and make sure a fix is deployed for it
[2015-01-09 10:56:06] BitMEX_Sam : victorin: Okay, found the bug in their charts and reported it. In the meantime I've deployed a workaround so automatic chart load/save will work properly
[2015-01-09 10:56:30] BitMEX_Sam : You should see your indicators and changes persist when you refresh the page from now on.
[2015-01-09 12:47:13] Kalman : When are processing withdraws?
[2015-01-09 12:48:45] BitMEX_Arthur : we are doing that now
[2015-01-09 12:49:11] floopfloop : please withdraw 100btc to my address Arthur, thanks
[2015-01-09 12:51:19] BitMEX_Arthur : on testnet right??
[2015-01-09 12:51:32] BitMEX_Arthur : :)
[2015-01-09 12:59:36] floopfloop : yeah lol
[2015-01-09 12:59:46] floopfloop : thats EXACTLY what I meant
[2015-01-09 12:59:48] floopfloop : rofl
[2015-01-09 13:03:02] floopfloop : jan just disapeered
[2015-01-09 13:06:00] BitMEX_Sam : Kalman: On its way
[2015-01-09 13:08:23] floopfloop : BitMEX_Sam: your inverse is missing some months :)
[2015-01-09 13:08:45] BitMEX_Sam : floopfloop: That is intentional, for now it is only listed quarterly
[2015-01-09 13:08:54] floopfloop : oh I did not know that
[2015-01-09 13:29:57] floopfloop : Will it be that way for the foreseeable future?
[2015-01-09 13:34:50] BitMEX_Sam : Yeah I believe so
[2015-01-10 07:20:40] BitMEX_Wally : TrevinHofmann: No wash trading please
[2015-01-10 20:20:25] AstralWonder : is there an ELI5 of the BVOL?
[2015-01-10 20:21:00] AstralWonder : looks like a lot of stuff to read
[2015-01-10 20:23:55] Tone : hey Arthur, so for the volatility future, where do you publish the current volatility that the future will mature against?
[2015-01-10 20:27:25] Tone : I would think that is should be available right? the pricing futures mature vs Bitfinex so it's easy for anyone to see elsewhere but were do we find the value of .BVOL at a given point in time?
[2015-01-10 20:30:42] BitMEX_Sam : Tone: Yep, click the 'index' link in the contract details in the top left
[2015-01-10 20:30:48] BitMEX_Sam : It's also available in the specification
[2015-01-10 20:31:08] BitMEX_Sam : Long story short BVOL is an index that ranges from 0 - 100, representing the volatility of the bitcoin price
[2015-01-10 20:31:37] Tone : got it, thanks
[2015-01-10 20:33:06] Tone : i was clicking the historical volatility link and was taken to the definition... in my mind i thought, well if i click the "index" link it will take me to a definition of the word 'index' and I think i know that one :)
[2015-01-10 20:34:40] BitMEX_Sam : Ah, I see what you mean
[2015-01-10 20:34:52] BitMEX_Sam : At some point soon we'll be adding a reference/underlying price section
[2015-01-10 20:35:05] BitMEX_Sam : For BVOL it'll show the index price, for regular futures it will likely show a live price from bitfinex
[2015-01-10 20:35:07] BitMEX_Sam : Should make it easier
[2015-01-11 13:43:54] BitMEX_Wally : http://cointelegraph.com/news/113279/bitmex-offers-30-day-historical-bitcoin-volatility-futures-contract
[2015-01-11 21:37:24] dreadpiratedickstein : bitcoin must die
[2015-01-11 21:37:32] dreadpiratedickstein : praise be to bearwhale
[2015-01-11 21:41:15] BitMEX_Sam : Keep dreaming
[2015-01-11 21:41:17] BitMEX_Sam : it's here to stay
[2015-01-11 21:41:23] dreadpiratedickstein : hehehehe
[2015-01-11 21:41:32] dreadpiratedickstein : not as what you imagine it to be
[2015-01-11 21:41:33] BitMEX_Sam : But if you believe it,
[2015-01-11 21:41:39] BitMEX_Sam : I expect you to start shorting XBU
[2015-01-11 21:41:48] dreadpiratedickstein : maybe I already was :)
[2015-01-11 21:41:59] BitMEX_Sam : Then you're putting your money where your mouth is
[2015-01-11 21:42:04] dreadpiratedickstein : :)
[2015-01-11 21:42:04] BitMEX_Sam : And that's okay in my book
[2015-01-11 21:42:23] dreadpiratedickstein : 120 is the only place with long term technical support
[2015-01-11 21:42:32] BitMEX_Sam : 120?
[2015-01-11 21:42:36] dreadpiratedickstein : correct
[2015-01-11 21:42:52] BitMEX_Sam : Who do you mean by 120
[2015-01-11 21:42:59] dreadpiratedickstein : do not listen to the bulls...their not futures traders like I am
[2015-01-11 21:43:08] dreadpiratedickstein : just libertarian or geekie amateurs
[2015-01-11 21:43:19] dreadpiratedickstein : I mean there is a possible bottom at 120
[2015-01-11 21:43:22] dreadpiratedickstein : but it's in freefall
[2015-01-11 21:43:36] dreadpiratedickstein : 120$ per btc
[2015-01-11 21:43:40] BitMEX_Sam : Ah. Thought you meant some group that went by "120". With so many things coming and going you never go
[2015-01-11 21:43:44] BitMEX_Sam : never know*
[2015-01-11 21:43:49] dreadpiratedickstein : understood
[2015-01-11 21:43:54] dreadpiratedickstein : stamp just fucked up that prediction of mine
[2015-01-11 21:44:07] dreadpiratedickstein : .....so now without action...I have to lower my target
[2015-01-11 21:46:08] BitMEX_Sam : Yeah it screwed with everyone's predictions
[2015-01-11 21:46:15] BitMEX_Sam : Moral of the story is, we have no idea
[2015-01-11 22:54:51] dreadpiratedickstein : no
[2015-01-11 22:54:56] dreadpiratedickstein : i KNOW it's going down
[2015-01-11 22:55:15] dreadpiratedickstein : because I've seen this in silver
[2015-01-11 22:55:19] dreadpiratedickstein : versteht?
[2015-01-11 23:19:58] Bajt : Wheres the liquidity at?
[2015-01-12 01:39:52] rhk : BitMEX_Sam: did you get round to releasing orderbook10?
[2015-01-12 02:15:27] BitMEX_Wally : rhk: Not yet, is it working for you in testnet?
[2015-01-12 02:18:44] rhk : yes - looks fine
[2015-01-12 02:45:40] rhk : BitMEX_Wally: bvol history is broken
[2015-01-12 02:46:24] BitMEX_Arthur : which function on the page isn't working for you i'm seeing all the index values
[2015-01-12 02:47:23] rhk : Unable to fetch price history. There is no GET method
[2015-01-12 02:47:34] BitMEX_Wally : Ahh, the CSV download link might be broken
[2015-01-12 02:47:51] rhk : started working again after F5 refresh
[2015-01-12 02:48:16] rhk : you should really make your error messages a bit easier to track.. normally they disappear before I get a chance to write them down
[2015-01-12 02:50:28] BitMEX_Wally : https://www.bitmex.com/api/v1/trade?symbol=.BVOL&columns=price&count=500
[2015-01-12 04:33:56] rhk : is there any setting to automatically remove cancelled orders from the open orders lists? they sit there for a while after they've been cancelled, and you have to remove them manually at the moment
[2015-01-12 05:47:37] BitMEX_Arthur : rhk: they should automatically clear after a couple seconds, will look into it thx
[2015-01-12 06:35:49] rhk : yeah i'd prefer them to not appear at all
[2015-01-12 06:36:00] rhk : less confusing
[2015-01-12 08:35:32] BitMEX_Sam : rhk: The bit with the index was because we updated the endpoint, the frontend has the new endpoint but it wouldn't take effect until refresh
[2015-01-12 08:35:51] BitMEX_Sam : I've been thinking of a system that automatically notifies users of those changes when they happen so they can refresh
[2015-01-12 14:16:59] dreadpiratedickstein : gooooood
[2015-01-12 20:52:09] bitcointrader : question for the admins: Why did you choose to use a 2-hour TWAP vs a VWAP or basket index?
[2015-01-12 20:52:29] bitcointrader : isn't a TWAP still subject to manipulation
[2015-01-12 23:10:59] BitMEX_Arthur : bitcointrader: we use TWAP because it is not volume based and using one exchange makes it easier for traders to match the index
[2015-01-13 01:40:17] Lew1e : Morning all
[2015-01-13 01:40:26] BitMEX_Arthur : sup son
[2015-01-13 03:44:17] AstralWonder : hi
[2015-01-13 03:44:34] BitMEX_Arthur : hello
[2015-01-13 03:44:58] AstralWonder : lots of volatility in btc today
[2015-01-13 03:45:38] BitMEX_Arthur : yes a very fun filled morning
[2015-01-13 03:47:13] AstralWonder : If we're in a bear trend, how come contracts like XBTH15 trade above spot price significantly
[2015-01-13 03:48:02] rhk : sell some then :)
[2015-01-13 03:48:16] BitMEX_Arthur : time value of money
[2015-01-13 03:48:37] AstralWonder : I don't fully understand it probably
[2015-01-13 03:50:18] AstralWonder : Is there an advantage to someone buying that contract VS someone just buying coins on margin and holding? Perhaps the interest rate of USD?
[2015-01-13 03:53:55] jerryd : presumably you can lend out BTC somewhere for interest. BTCjam?
[2015-01-13 03:54:25] BitMEX_Arthur : you can borrow and lend usd and xbt on bitfinex swaps
[2015-01-13 03:56:45] jerryd : thanks Arthur... anyone want to give me a referral code to bitfinex?
[2015-01-13 03:57:18] AstralWonder : Oh for reduced fees?
[2015-01-13 03:57:43] jerryd : and presumably some referrer bonus
[2015-01-13 03:58:14] AstralWonder : I think BFXData.com has a code for you
[2015-01-13 04:00:30] jerryd : thanks
[2015-01-13 04:43:36] christo : Arthur there is "undefined" all through the contract specs pages.
[2015-01-13 04:43:58] christo : a bug
[2015-01-13 04:44:35] BitMEX_Arthur : which one are you looking at so i can try and replicatg
[2015-01-13 04:45:04] christo : XBTF15
[2015-01-13 04:45:21] BitMEX_Arthur : can you refresh the page and check again
[2015-01-13 04:45:28] christo : looks like it's supposed to be the exchange name
[2015-01-13 04:45:42] BitMEX_Arthur : ah i see it
[2015-01-13 04:45:43] BitMEX_Arthur : thanks
[2015-01-13 04:45:50] christo : undefined variable
[2015-01-13 04:45:56] BitMEX_Arthur : yep got it
[2015-01-13 04:46:00] christo : np
[2015-01-13 05:09:27] BitMEX_Wally : Ahh, I know the issue. We'll fix it
[2015-01-13 05:33:27] dreadpiratedickstein : gooooooooooood
[2015-01-13 05:33:28] dreadpiratedickstein : goooooooooood
[2015-01-13 05:33:42] BitMEX_Arthur : somebody is happy
[2015-01-13 05:33:47] BitMEX_Arthur : drinks on you
[2015-01-13 05:38:14] christo : Arthur: leftover placeholder text at end of Lesson 1: "lesson 1 content"
[2015-01-13 05:56:43] BitMEX_Arthur : christo: thanks
[2015-01-13 05:57:43] dreadpiratedickstein : let the bear hate flow through you all
[2015-01-13 11:33:29] dreadpiratedickstein : goooooooood
[2015-01-13 23:50:03] null : I wiped my acc on okcoin :(
[2015-01-13 23:50:05] null : sad day
[2015-01-13 23:50:24] BitMEX_Arthur : you still alive here?
[2015-01-13 23:56:12] Patryn : Hah. I got liquidated a few times there as well
[2015-01-13 23:56:43] Patryn : Luckily I held on here with shorts from back when the MMs tried to liquidate me at $80 above index lol. Made back a small percentage of my OKC losses.
[2015-01-14 01:18:48] AstralWonder : Hi
[2015-01-14 01:19:03] AstralWonder : Made some good % gains today on this site
[2015-01-14 01:19:05] BitMEX_Arthur : AstralWonder: hi
[2015-01-14 01:19:20] AstralWonder : Such good opportunities here
[2015-01-14 08:06:45] Lew1e : boom, what a move
[2015-01-14 08:07:01] BitMEX_Arthur : i have never made a market like today EVER
[2015-01-14 08:08:31] Lew1e : why the capitulation?
[2015-01-14 08:09:27] Lew1e : http://www.bullguard.com/blog/2015/01/another-bitcoin-exchange-hacked.html
[2015-01-14 08:19:24] BitMEX_Arthur : if you need prices please let us know our mm having some api issues into bitfinex
[2015-01-14 08:21:00] BitMEX_Wally : Time to go long the Bitcoin Volatility Index
[2015-01-14 09:21:32] rhk : woah.. if i click on the top level of the orderbook to select the price, the price in the order controls keeps changing to keep it in line with the latest orderbook price
[2015-01-14 09:22:07] rhk : thats nasty
[2015-01-14 09:27:20] BitMEX_Sam : Hmm yes that's intentional, to keep you in line with the orderbook as it changes
[2015-01-14 09:27:31] BitMEX_Sam : of course if you start typing in a price or quantity it should stop tracking
[2015-01-14 09:28:51] BitMEX_Sam : Ah it does not on quantity, only on price. I will push a patch for that
[2015-01-14 09:28:55] BitMEX_Sam : I agree that you could get caught out
[2015-01-14 10:22:44] rhk : indeed. i see a nice low offer and click to trade it
[2015-01-14 10:23:08] rhk : by the time i move the mouse down to the 'buy' button, the offer is pulled, but instead of going in at my intended price, it just goes in at market.. could be $50 higher
[2015-01-14 10:23:33] BitMEX_Sam : rhk: I've thrown in a patch, could you try it and see if it's fixed for you
[2015-01-14 10:24:56] rhk : yes, that looks better thx
[2015-01-14 10:25:05] BitMEX_Sam : great. thanks for the catch rhk
[2015-01-14 12:09:20] rhk : BitMEX_Sam: still get some connectivity issues.. after the tab has been open for a while the drop-downs stop working, and cant post to chat
[2015-01-14 12:09:33] rhk : F5 refresh fixes it
[2015-01-14 12:09:56] rhk : happened a few times now
[2015-01-14 12:12:36] BitMEX_Sam : Alright, I'll keep an eye on it. Doesn't sound like connectivity but a JS error
[2015-01-14 12:19:21] rhk : i'll leave the console open and let you know if i see any errors
[2015-01-14 15:09:27] dreadpiratedickstein : who makes the most precise calls
[2015-01-14 15:09:34] dreadpiratedickstein : who knows the the bitcoin falls
[2015-01-14 15:09:37] dreadpiratedickstein : I DOOOOOo
[2015-01-14 15:09:40] dreadpiratedickstein : I DOOOO
[2015-01-14 15:13:31] dreadpiratedickstein : I smell lotso volatility :)
[2015-01-14 15:13:40] dreadpiratedickstein : thanks for the pick Arthur :
[2015-01-14 16:47:19] kasman5 : the manipulators have had their way. question is how low we go now
[2015-01-14 16:47:55] BitMEX_Sam : Looks like further down
[2015-01-14 16:48:06] BitMEX_Sam : Ben has been calling the shots on TV chat
[2015-01-14 16:50:46] kasman5 : yeah seen that, he's on now
[2015-01-14 16:50:56] kasman5 : called for more pain haha
[2015-01-14 17:03:10] dreadpiratedickstein : tv chat?
[2015-01-14 17:03:13] dreadpiratedickstein : where is this?
[2015-01-14 17:06:34] BitMEX_Sam : TradingView has a bitcoin chat room
[2015-01-14 17:06:43] dreadpiratedickstein : oh that lol
[2015-01-14 17:06:45] dreadpiratedickstein : oh I is there
[2015-01-14 17:07:00] dreadpiratedickstein : god I love watching permabulls squirm
[2015-01-14 17:07:02] dreadpiratedickstein : hehehehehehe
[2015-01-14 17:45:24] joequant : I'm afraid to go to sleep :-)
[2015-01-14 17:45:30] BitMEX_Sam : Yeah no kidding
[2015-01-14 17:47:11] dreadpiratedickstein : your spreads are no match for me
[2015-01-14 17:47:16] dreadpiratedickstein : the sith will win hehehehehehe
[2015-01-14 17:47:34] joequant : who is benjamin?
[2015-01-14 17:47:41] dreadpiratedickstein : legend has it
[2015-01-14 17:47:48] dreadpiratedickstein : he is the great and mighty sith bearwhale
[2015-01-14 17:48:40] joequant : oh.....
[2015-01-14 17:48:57] BitMEX_Sam : Yeah that's what he claims
[2015-01-14 17:49:03] BitMEX_Sam : market moves where he tells it to
[2015-01-14 17:49:12] BitMEX_Sam : I can't for the life of me figure out why he broadcasts his moves though
[2015-01-14 17:49:22] dreadpiratedickstein : I used to in worldcoin
[2015-01-14 17:49:28] dreadpiratedickstein : some whales do it
[2015-01-14 17:49:56] dreadpiratedickstein : David PAte being another...but he would bluff a lot
[2015-01-14 17:51:29] kasman5 : well people know he's capable of driving the price down single handedly. Broadcasting it means he drives it down and lets the other traders do the rest
[2015-01-15 00:10:53] dreadpiratedickstein : he is a greater sith lord than I. I admit
[2015-01-15 00:11:21] BitMEX_Arthur : dreadpiratedickstein: what's your price target
[2015-01-15 00:11:22] BitMEX_Arthur : dreadpiratedickstein: what's your price target
[2015-01-15 00:11:24] dreadpiratedickstein : and I agree, once he broke 300, his work was done, his commentary just accelerated.....i kind of believe he is bearwhale
[2015-01-15 00:11:29] dreadpiratedickstein : well
[2015-01-15 00:11:32] dreadpiratedickstein : it used to be 120
[2015-01-15 00:11:57] dreadpiratedickstein : and i was certain it wouldn't break
[2015-01-15 04:36:42] dreadpiratedickstein : fuck it
[2015-01-15 04:36:46] dreadpiratedickstein : i'm going long
[2015-01-15 04:36:58] dreadpiratedickstein : master, forgive me
[2015-01-15 04:37:14] dreadpiratedickstein : i pray darth ben does not exact vengeance on me
[2015-01-15 05:53:23] Yumi : this site is really great except when it has no liquidity and 5-10% spreads
[2015-01-15 05:57:54] BitMEX_Wally : Yumi: Our main market maker will be online in an hour
[2015-01-15 06:46:43] rhk : Yumi: what product do you want to trade? you can always ask for a market in the chat
[2015-01-15 07:41:31] mlg5867 : is there a launch date for any more quanto futures, ie june?
[2015-01-15 08:14:57] BitMEX_Arthur : mlg5867: june will list 27 feb
[2015-01-15 08:28:37] mlg5867 : ok great thanks!
[2015-01-15 20:12:48] floopfloop : is anyone oin?
[2015-01-15 20:13:19] BitMEX_Sam : Yep
[2015-01-15 20:13:21] BitMEX_Sam : what's up floop
[2015-01-15 20:13:28] floopfloop : still having some trouble fully understanding the market spread
[2015-01-15 20:13:37] floopfloop : and hey, whats up Sam?
[2015-01-15 20:13:49] BitMEX_Sam : Sure
[2015-01-15 20:13:51] BitMEX_Sam : What's your question?
[2015-01-15 20:15:06] floopfloop : I guess I am having trouble understanding how it works
[2015-01-15 20:15:34] BitMEX_Sam : You're meaning cal spreads?
[2015-01-15 20:16:08] floopfloop : so, if you have a buy order or +10.....you are buying btc at the price now and when it settles at the time in the spread (like sept. for instance) +$10?
[2015-01-15 20:17:20] BitMEX_Sam : So basically, for example, on XBTF15_H15,
[2015-01-15 20:17:35] BitMEX_Sam : In the details box it says the buy leg is XBTH15 and the sell leg is XBTF15
[2015-01-15 20:18:17] BitMEX_Sam : So what that means is that, when you buy one, you go short one XBTF15 contract and go long XBTH15
[2015-01-15 20:19:26] BitMEX_Sam : the cal spread price is the difference in price you're paying between the two. So you're going to be shorting the sell leg at its lastPrice, and buying the buy leg at the sell leg's lastPrice + cal spread price
[2015-01-15 20:19:31] BitMEX_Sam : the cal spread price can be positive or negative.
[2015-01-15 20:19:37] BitMEX_Sam : see https://www.bitmex.com/app/lesson3
[2015-01-15 20:20:12] BitMEX_Sam : `Calendar Spread Price = Back Month Price - Front Month Price.`
[2015-01-15 20:20:48] floopfloop : Ok, starting to make a little more sense now
[2015-01-15 20:21:14] floopfloop : so if I thought bitcoin was going to go up over summer, I would want to have a negative calender spread, and if I thought it was going down a positive one?
[2015-01-15 20:22:00] BitMEX_Sam : If you thought that the price was going to go up between the expiry of XBTF15 and the expiry of XBTH15, you would buy the cal spread
[2015-01-15 20:22:19] BitMEX_Sam : that will put you short the near month and long the far month
[2015-01-15 20:22:38] floopfloop : but i guess this is where I have problems
[2015-01-15 20:22:50] floopfloop : I dont get at "what" I should be buying it at
[2015-01-15 20:23:07] floopfloop : there are no bids currently so I have nothing to base it off of
[2015-01-15 20:23:11] BitMEX_Sam : cal spreads are also really useful for rolling positions. say you're long XBTF15 and you want to transition to being long XBTG15, you could sell XBTF15 then buy XBTG15, or you could just buy the cal spread where you pay one price and one fee
[2015-01-15 20:23:24] BitMEX_Sam : Right the cal spread books have been bad lately, we are working on getting them market made
[2015-01-15 20:23:29] floopfloop : do I submit and order for + 10? +1? + 20?
[2015-01-15 20:23:33] BitMEX_Sam : A fair price is the difference between the two contracts
[2015-01-15 20:23:59] BitMEX_Sam : so e.g. XBTG15 - XBTF15 is roughly 17, so the cal spread should be trading there at 17
[2015-01-15 20:24:12] BitMEX_Sam : sorry XBTH15* in the last, not XBTG16
[2015-01-15 20:25:17] BitMEX_Sam : they generally trade positive because far expiry futures generally trade at a higher premium over spot than near month futures
[2015-01-15 20:27:26] BitMEX_Sam : imagine it this way. when you buy XBTF15_H15, you are selling the front month (XBTF15) at its `lastPrice`, and buying the back month (XBTH15) at `lastPrice + calSpreadPrice`
[2015-01-15 20:27:31] BitMEX_Sam : vice versa if you are selling the cal spread
[2015-01-15 20:28:09] BitMEX_Sam : so generally there is an arb opportunity if the orderbooks on the cal spreads are not quite tracking the difference between the contracts, as you could buy or sell the cal spread then buy/sell the underlying contracts and make a quick buck
[2015-01-15 20:31:20] floopfloop : gotchya
[2015-01-15 20:31:30] floopfloop : I think that helps a bit more
[2015-01-15 20:34:18] BitMEX_Sam : We'll get some liquidity back on the cal spread books shortly
[2015-01-15 20:34:33] BitMEX_Sam : they will definitely become more interesting toward the expiry of XBTF15 as users want to roll their positions
[2015-01-15 22:35:59] floopfloop : Hey Sam, you still around?
[2015-01-15 22:36:10] floopfloop : BitMEX_Sam: https://twitter.com/googlecloud/status/547492014959255552/photo/1
[2015-01-15 22:36:24] floopfloop : You might enjoy that ^
[2015-01-16 03:15:30] dreadpiratedickstein : guys i need to discuss some things with you
[2015-01-16 03:15:38] dreadpiratedickstein : may be best in private setting
[2015-01-16 03:15:48] dreadpiratedickstein : the defense is saying Karpeles=DPR
[2015-01-16 03:15:56] dreadpiratedickstein : my sources tell me it has connotations
[2015-01-16 03:21:28] BitMEX_Wally : dreadpiratedickstein: You can email in private to support@bitmex.com
[2015-01-16 03:22:13] dreadpiratedickstein : email me at dunkeldark@hushmail.com if you'd like in that case
[2015-01-16 03:46:46] floopfloop : i have -.03 withdrawable, but not in margin call, is this correct?
[2015-01-16 04:10:28] BitMEX_Wally : floopfloop: Your Excess Margin is above 0 so you are not in Margin Call.
[2015-01-16 04:10:49] BitMEX_Wally : Withdrawable = Available Margin - Unrealised Profit
[2015-01-16 04:11:05] BitMEX_Wally : Basically you cannot withdraw unrealisedPnl
[2015-01-16 05:01:27] floopfloop : ahhh ty
[2015-01-17 14:59:38] dreadpiratedickstein : shinkuuuuuu
[2015-01-17 14:59:41] dreadpiratedickstein : HADOUKEN
[2015-01-17 18:49:21] BitMEX_Sam : Bitcoin and Street Fighter... a match made in heaven?
[2015-01-17 19:35:45] floopfloop : What did Ryu say to his son who wanted to borrow his car?
[2015-01-17 19:36:08] floopfloop : Shuriken!
[2015-01-17 20:55:09] dreadpiratedickstein : TASUMAKI SENKYU RYUKYAH!
[2015-01-18 05:44:54] dreadpiratedickstein : https://www.youtube.com/watch?v=WxO1_093reI
[2015-01-18 17:51:29] null : are you guys thinking about Options trading?
[2015-01-18 17:59:12] germanjew : Options would be great!
[2015-01-18 18:30:27] BitMEX_Sam : That's absolutely on the roadmap and is one of our original goals. There needs to be a lot more liquidity in the futures markets before we can responsibly price options, though
[2015-01-19 02:52:58] rhk : BitMEX_Sam: so whats your strategy to attract more liquidity?
[2015-01-19 03:05:06] BitMEX_Arthur : we will be rolling out a more comprehensive mm program which is very flexible and rebates and monitoring is automated so people can add as little or as much liquidity as they like without formalised agreements
[2015-01-19 03:05:34] BitMEX_Arthur : we are incorporating the feedback that our previous program was too rigid
[2015-01-19 16:19:00] dreadpiratedickstein : I don't have many complaints. The spreads are a tad annoying. I believe sincere liquidity would solve that, and not in the form of bots
[2015-01-19 16:22:57] BitMEX_Sam : Both forms provide liquidity, but I agree that human traders are healthier in general
[2015-01-20 08:47:25] Kalman : BitMEX_Sam: interesting point regarding options; what is your concern?
[2015-01-20 09:02:13] BitMEX_Arthur : Kalman: BitMEX options will have our futures contracts as underlyings
[2015-01-20 09:02:35] BitMEX_Arthur : therefore if traders want to properly delta hedge there needs to be a liquid futures market
[2015-01-20 09:02:49] BitMEX_Arthur : also i think options might be too advanced for the vast majority of bitcoin traders currently
[2015-01-20 09:03:01] BitMEX_Arthur : we still have a lot of educational work to do around futures contracts
[2015-01-20 09:03:33] BitMEX_Arthur : payment processors and miners also need to be educated better about futures before we launch options that just takes time
[2015-01-20 10:32:32] Kalman : BitMEX_Arthur: hello Arthur, thank you for your reply. When you listed BVOL you were asked 'Why dont you list several maturities?' And you answered in the way 'lets see how the volume develops.' One could take the same approach to listing options.
[2015-01-20 10:33:47] BitMEX_Arthur : Kalman: that is true, another factor is development time, we will not go live with options without some more improvements to our margin system so that traders get credit for having offsetting positions, such as calendar spreads, put call parity, and things like this
[2015-01-20 10:34:38] BitMEX_Arthur : options exposes us to a lot more risk of trader bankruptcy so we are taking things slowly and making sure they are done right
[2015-01-20 11:03:17] Kalman : Absolutely. And when charging 100% margin the 'fun' is gone. And when taking less margin you might encounter an empty order book in case a trader needs to get liquidated...
[2015-01-20 11:04:38] BitMEX_Sam : Exactly that. There's a chicken and egg problem with any new product
[2015-01-20 11:05:39] BitMEX_Sam : We're waiting for the market to evolve to the point where there is enough demand to effectively run a completely new product like that. Not to mention, as Arthur stated, options are complex and the average user seems to be barely grasping futures as it is.
[2015-01-20 11:38:02] Kalman : waiting and educating is certainly one way. that doesn't solve your problem. For which I have no solution but a suggestion. Maybe you work with a kind of 'credit score'. All start with 100% margin but by fulfilling their obligation from short option pos. margin requirements get reduced 90, 80, ... Or in their individual risk matrix (delta,vola) one could start with i.e. 150% move coverage and so on ...
[2015-01-20 11:38:55] BitMEX_Arthur : Kalman: we will most likely introduce covered options first before we allow traders to write naked calls and puts
[2015-01-20 14:11:29] rhk : the issue with options is that there is very little volume on the existing btc options exchanges. if you look at atlas or coinut or whatever, there's hardly any trading....
[2015-01-20 14:11:55] rhk : at least with futures you can look at the chinese exchanges and see a lot of volume, so at least theres obviously a market
[2015-01-20 14:19:05] Kalman : rhk: hi rhk, what are the fees and margin requirements on those mentioned platforms?
[2015-01-20 14:26:02] rhk : atlas is similar to regular btc spot exchanges.. coinut is pretty cheap (dont remember how much)
[2015-01-20 14:26:35] rhk : neither do cross margin, but that isn't necessarily a blocking issue except for market makers
[2015-01-20 14:32:04] BitMEX_Sam : Correct me if I'm wrong but neither offers margin trading
[2015-01-20 14:32:06] BitMEX_Sam : Of any sort
[2015-01-20 14:34:26] BitMEX_Sam : Coinut offers binary options while it appears atlas actually does offer true traditional options, although the liquidity needs work
[2015-01-20 14:49:03] Kalman : on request one can get a margin credit, 2:1, at atlas
[2015-01-20 14:50:14] Kalman : if you deposit some more BTC they might have better conditions for MM
[2015-01-20 14:51:52] Kalman : for hedging your short delta oe needs another platform as no BTC short selling is available ...
[2015-01-20 14:53:06] Kalman : for short puts one has to put 100% cash, no premium credited!
[2015-01-20 14:57:05] Kalman : a last one regarding fees, (underlying prc + option premium) / 2 * 0.003; maker taker model, maker gets 0.1%; but as volume is in cheap options this fee model makes it quite expensive
[2015-01-20 18:48:32] SweetandSour : Why are inverse futures so much cheaper than quanto futures?
[2015-01-20 18:54:20] BitMEX_Sam : SweetandSour: Inverse futures are more profitable to short than quanto futures
[2015-01-20 18:54:51] BitMEX_Sam : Glad you asked, by the way, we were working on a document today that helps clarify this
[2015-01-20 18:55:51] BitMEX_Sam : I'm deploying it now, it will appear in the sidebar in a few minutes
[2015-01-20 18:56:08] SweetandSour : Thanks, I lwill definitely read it.
[2015-01-20 19:00:22] BitMEX_Sam : Okay, they're live. They're under the Contract Specifications section on the sidebar. For example, here's the one on our inverse series:
[2015-01-20 19:00:24] BitMEX_Sam : https://www.bitmex.com/app/seriesGuide/XBU
[2015-01-20 19:00:34] BitMEX_Sam : You may have to refresh if the link doesn't work for you.
[2015-01-20 19:02:47] SweetandSour : Got it after refresh, thanks again
[2015-01-20 19:03:43] BitMEX_Sam : Great. So the really salient point is that, in general, if you are going long you should go long XBT, and if you're going short you should go short XBU
[2015-01-20 19:04:26] BitMEX_Sam : Which is why we offer both contracts (and we're the only exchange that does so). It is natural that they will be priced differently. Also note that the inverses are quarterly while the quantos are monthly
[2015-01-20 19:33:51] germanjew : Is this correct "For traders who view their Profit and Loss (PNL) in USD terms, the XBT contracts are always worth 100 USD"? should it not be "XBU contracts are always worth 100 USD" ?
[2015-01-20 19:36:10] germanjew : That text is in the "Advanced Considerations" section of the Inverse Futures (XBU) guide
[2015-01-20 19:47:25] BitMEX_Sam : germanjew: Yep, you're correct, typo there. Will fix it. Thanks.
[2015-01-20 19:49:43] germanjew : sure np
[2015-01-20 19:54:54] BitMEX_Sam : Fixed. Thanks a lot
[2015-01-20 19:58:50] germanjew : Awesome, looks good
[2015-01-20 22:14:09] floopfloop : germanjew: nice screen name
[2015-01-21 06:06:40] dreadpiratedickstein : bullish trial news
[2015-01-21 06:06:43] dreadpiratedickstein : hadouken!
[2015-01-21 06:08:04] BitMEX_Arthur : what happened
[2015-01-21 06:08:19] dreadpiratedickstein : judge shot down most of the karp=DPR defense
[2015-01-21 06:08:35] BitMEX_Arthur : on what ground
[2015-01-21 06:09:00] dreadpiratedickstein : relavence
[2015-01-21 06:09:09] dreadpiratedickstein : speculation
[2015-01-21 06:09:19] BitMEX_Arthur : ulbright stands no chance
[2015-01-21 06:09:21] BitMEX_Arthur : this is a show trial
[2015-01-21 06:09:28] dreadpiratedickstein : sadly it is
[2015-01-21 06:10:53] dreadpiratedickstein : I'm switching gears. I'm calling 150 the bottom
[2015-01-21 06:26:14] BitMEX_Arthur : trade away we like both bulls and bears
[2015-01-21 07:43:39] BTCVIX : test
[2015-01-21 07:44:00] BTCVIX : Arthur any status on when BVOL will be listed on CryptoWat.ch
[2015-01-21 07:44:11] BTCVIX : need to get long vol here
[2015-01-21 07:44:37] BitMEX_Sam : BTCVIX: Waiting on them
[2015-01-21 07:44:45] BitMEX_Sam : Couldn't tell you when they will get to it
[2015-01-21 07:44:54] BitMEX_Sam : I believe they're in the middle of some sort of UI rewrite
[2015-01-21 07:45:16] BitMEX_Sam : BTCVIX: If you need a good chart use https://www.bitmex.com/chart?symbol=XBUU15
[2015-01-21 07:45:25] BitMEX_Sam : You can overlay multiple symbols.
[2015-01-21 07:47:28] BTCVIX : we will get the TS crew hounding him
[2015-01-21 20:39:13] dreadpiratedickstein : bvol spread is too big
[2015-01-21 20:39:21] dreadpiratedickstein : it's impractical except for scalpers
[2015-01-21 20:40:14] BitMEX_Sam : Yeah, the spread is large
[2015-01-21 20:40:20] BitMEX_Sam : I don't think anybody's quite sure of how it should be priced
[2015-01-21 20:40:26] BitMEX_Sam : It's a very speculative product
[2015-01-21 20:40:36] BitMEX_Sam : And new to the market as a whole, of course
[2015-01-21 20:40:42] dreadpiratedickstein : it's a great idea honestly...the liquidity just needs to be there
[2015-01-21 20:41:14] dreadpiratedickstein : in general, I'd bring a lot more capital here...the problem is if I did...slippage becomes an issue
[2015-01-21 20:42:19] BitMEX_Sam : right
[2015-01-21 20:42:33] BitMEX_Sam : We have more significant market making on XBT/XBU
[2015-01-21 20:42:47] BitMEX_Sam : XBTH15 especially
[2015-01-21 20:43:07] BitMEX_Sam : There's some pretty significant arb opportunities between BitMEX and the other derivs exchanges
[2015-01-21 20:43:32] BitMEX_Sam : Once more users realize this and build the tooling to take advantage of it, the spreads will close significantly
[2015-01-21 20:43:33] dreadpiratedickstein : I mean, these are services I can maybe provide. I'm working with about 13K in capital as far as BTC goes...I'm also anticipating a bull market now
[2015-01-21 20:44:00] BitMEX_Sam : Happy to help you get there. We're working on an automated MM performance program that will give MMs discounts based on a few metrics
[2015-01-21 20:44:07] BitMEX_Sam : time spent quoting, volume quoted, spread, among others
[2015-01-21 20:44:25] BitMEX_Sam : In the meantime, before that is available, contact us at info@bitmex.com and we can work out something in the interim
[2015-01-21 20:44:41] dreadpiratedickstein : ok I'm down. Thanks. I'll send an email soon
[2015-01-21 22:08:39] j8 : nice site. i have a question
[2015-01-21 22:09:39] j8 : what happens to contracts if bitfinex goes down
[2015-01-21 22:12:27] j8 : seems like a liability to use a single exchange as the index
[2015-01-21 23:41:34] floopfloop : hmm, has the floor disappeared?
[2015-01-22 00:11:17] BitMEX_Arthur : j8: i sent you a message about your question
[2015-01-22 00:11:40] j8 : just saw it
[2015-01-22 00:11:43] j8 : thx
[2015-01-22 00:13:04] j8 : lots of reading to do here
[2015-01-22 00:13:27] BitMEX_Arthur : we want to be completely transparent about how we operate
[2015-01-22 00:13:37] BitMEX_Arthur : which means there is more information on the site than our competitors
[2015-01-22 00:14:34] j8 : its great
[2015-01-22 00:15:26] BitMEX_Arthur : :)
[2015-01-22 00:15:40] BitMEX_Arthur : i noticed you signed up recently how did you hear about us
[2015-01-22 00:17:21] j8 : been looking for alternatives after getting a little nervous about the chinese derivatives sites
[2015-01-22 00:18:26] BitMEX_Arthur : ok cool nice to know
[2015-01-22 00:18:44] j8 : this is the most complicated platform i've seen, but it seems to be well thought out.
[2015-01-22 00:19:28] BitMEX_Arthur : we give you all the info you need to make informed decisions, once you get used to it, you will want this level of info on all of your Bitcoin trading platforms spot or derivatives
[2015-01-22 00:30:52] floopfloop : j8: I know BitMEX_Sam personally, and skyped BitMEX_Authur into my local bitcoin meetup
[2015-01-22 00:31:15] floopfloop : j8: They are some great people behind a great idea/product/platform.
[2015-01-22 01:21:55] floopfloop : time for that 180, hold your breath folks
[2015-01-22 01:59:58] floopfloop : wow
[2015-01-22 02:00:02] floopfloop : why was I margin called?
[2015-01-22 02:00:34] floopfloop : I didn't even have enough time to transfer more funds?
[2015-01-22 02:00:52] BitMEX_Arthur : are you out of margin call now?
[2015-01-22 02:00:59] floopfloop : yes
[2015-01-22 02:01:09] floopfloop : but my position was also sold off
[2015-01-22 02:01:17] floopfloop : part of it anyway
[2015-01-22 02:01:28] floopfloop : the market maker thing stopped putting up results
[2015-01-22 02:01:35] floopfloop : err, positions not results
[2015-01-22 02:01:52] floopfloop : it went up to 260 for some reason and then margin called me
[2015-01-22 02:02:09] gaoMex : floopfloop: You bought at 261?
[2015-01-22 02:02:12] BitMEX_Arthur : someone must have lifted the 260 offer while the mm was out of the market
[2015-01-22 02:02:16] floopfloop : no
[2015-01-22 02:04:25] floopfloop : BitMEX_Arthur: yeah it says I bought at 260, like wtf?
[2015-01-22 02:04:54] BitMEX_Arthur : that was the best offer at the time you were liquidated
[2015-01-22 04:45:31] dreadpiratedickstein : I think we're about to go flying.
[2015-01-22 05:06:30] gaoMex : A twitter account George Kikvadze who claims he is from Bitfury says a BTC ETF will be launched on Nasdaq in the next 4 weeks.
[2015-01-22 05:38:43] dreadpiratedickstein : wha what?
[2015-01-22 05:38:59] dreadpiratedickstein : what's a bitfury and what's a kikvadze
[2015-01-22 05:49:04] pyontrader : any bitmex people here?