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

<<  >>  English  中文  Русский  한국어  日本語  Español  Français 
[2016-12-05 20:17:10] kb1985 : Hi guys, I am trying to understand how ETH 7 days contract works. For example i take 1 BTC and bet that it will go up (or down) and I can use this 1 BTC but buy/sell ETH worth 33 BTC, right? And if I make a mistake and chose wrong direction, this 1 BTC gets taken away, otherwise I profit as if I have used 33 BT, right? But the question is, can this 1 BTC be taken along the way because of price fluctuations or what interests me is only the price on Fridays and not along the way?
[2016-12-05 20:18:19] Tetsuo : price fluctuations matter
[2016-12-05 20:18:26] rapidtrades : yes u can get taken out by price fluctuations
[2016-12-05 20:18:31] mjones : if you bet 1 BTC price goes up and before friday the price goes down far enough to where you liquidation price is, then you lose the 1 BTC and your position is closed
[2016-12-05 20:18:43] XXXX : Along the way. If eth price moves 3% against ur position you lose 1 btc.
[2016-12-05 20:19:04] Tetsuo : 4 helpful posts in a row, this must be a new record
[2016-12-05 20:19:22] sleger : not really
[2016-12-05 20:19:24] sleger : XXXX is wrong
[2016-12-05 20:19:31] sleger : XXXX: 3% comes from where ?
[2016-12-05 20:19:50] kb1985 : So what's the importance of Friday day?
[2016-12-05 20:19:56] XXXX : sleger: if he is using 33× margin
[2016-12-05 20:20:02] sleger : XXXX: ok and ?
[2016-12-05 20:20:14] Tetsuo : kb1985: Friday is in most countries the last day before weekend starts
[2016-12-05 20:20:24] kb1985 : Oh, that's interesting. Thank you aill!
[2016-12-05 20:20:36] sleger : Tetsuo: you taught him something great !
[2016-12-05 20:20:56] XXXX : sleger: 33 x 3 = 100%
[2016-12-05 20:21:17] habibi : XXXX: maintance margin
[2016-12-05 20:21:42] sleger : exactly
[2016-12-05 20:21:48] mjones : friday is when all positions are closed and you can open a new one if you want kb1985
[2016-12-05 20:22:17] kb1985 : And what it I am in profit before Friday? Can I close my position not to risk it anymore?
[2016-12-05 20:22:38] laisee : yes, indeedy
[2016-12-05 20:22:47] kb1985 : Seems like a very dangerous game, even small price change can take all the BTC. :D
[2016-12-05 20:23:43] thiago : even 4 :)
[2016-12-05 20:23:57] XXXX : kb1985: dont use 33x margin. Use 2x or even 5x. But no more unless you are certain of the trend.
[2016-12-05 20:24:03] laisee : risk * X == reward * X. choose X that suits you
[2016-12-05 20:24:39] Tetsuo : if you´re good at TA always use max. leverage ---> max profit
[2016-12-05 20:24:51] sleger : XXXX: you could at least acknowledge your mistake
[2016-12-05 20:26:15] XXXX : sleger: what mistake? If i go long ether at 33x margin and have 1 btc to play with what is my liquidation price? Is it not 3% of the eth price?
[2016-12-05 20:26:26] sleger : XXXX: no
[2016-12-05 20:26:38] sleger : like habibi told you : maintenance margin
[2016-12-05 20:27:20] XXXX : sleger: tell me the % ?
[2016-12-05 20:28:52] XXXX : sleger: I never go max margin. 5x max in btc. 3x max in eth. so my analysis is good enough for me.
[2016-12-05 20:29:56] mjones : 2% move gets you rekt on 33.3x if my math is correct
[2016-12-05 20:30:25] mjones : long 0.00925 and rekt at 0.00907
[2016-12-05 20:30:43] mjones : eh dont listen to me. i think that's for 25x
[2016-12-05 20:31:18] sleger : https://www.bitmex.com/app/contract/ETH7D Maint. Margin 1.50% + Exit Taker Fee
[2016-12-05 20:32:37] sleger : XXXX: it's good enough for you but you're wrong by a factor > 2x so you should keep your math for yourself then ;)
[2016-12-05 20:34:05] XXXX : sleger: I have been shorting ether since last few months at 3x margin and i keep in mind that i am good till ether price rises by 33%. Works for me. Maybe not good enough for the extreme thrill seekers at 33x margin.
[2016-12-05 20:35:28] kb1985 : Oh, now I get it - on Friday the contract is forced to close automatically.
[2016-12-05 20:35:31] m3s : howcome price almost doesnt move on bitmex swap when OKCoin moves say 20 CNY ?
[2016-12-05 20:36:40] XXXX : m3s: lack of liquidity
[2016-12-05 20:37:22] kb1985 : Trying to undarstand one more thing - how to calculate liquidation price. Let's say I would like to use 1 BTC to sell ETH at x5 rate. At current prices it would be about 0.0092 ETH/BTC. How high would need the price to go for me to start losing money?
[2016-12-05 20:37:43] kb1985 : Not that I am planning to do this, definitely won't be experimentying with whole BTC, but trying to understand this and how people know it.
[2016-12-05 20:39:55] sleger : XXXX: please stop giving wrong advice
[2016-12-05 20:40:24] sleger : m3s: the swap index is 50% bitstamp, 50% okc0in usd, does not depend on cny prices
[2016-12-05 20:40:49] sleger : only green people are allowed to give advice from now on
[2016-12-05 20:41:10] rapidtrades : tnx for the trust sleger
[2016-12-05 20:41:37] m3s : thanks sleger
[2016-12-05 20:41:39] sleger : habibi is green as well..
[2016-12-05 20:41:45] XXXX : sleger: still better than yours. I know you got mega rekt on zec futures. Thanks for the btcs by the way
[2016-12-05 20:41:48] rapidtrades : BUY ZEC BUY BUY BUY
[2016-12-05 20:41:53] rapidtrades : that's my advice ^
[2016-12-05 20:42:35] sleger : XXXX: just admit you were wrong, and take the opportunity to learn. No need to become agressive
[2016-12-05 20:42:43] sleger : and zec mega rekt was trollboxer
[2016-12-05 20:43:21] XXXX : sleger: i am talking pre launch zec. Just admit it like a man.
[2016-12-05 20:44:10] sleger : sure. however not sure is why you are bringing this up
[2016-12-05 20:44:15] habibi : XXXX: there's nothing to admit, he did in past and never reverse that words so whats ur problem :(?
[2016-12-05 20:45:18] sleger : when i saw it was going to go higher i put it in margin to let it liquidated as exiting would have cost me more slippage. Nothing wrong with that.
[2016-12-05 20:45:56] j8 : it's a tactical liquidation
[2016-12-05 20:45:59] XXXX : habibi: are you his bitch?
[2016-12-05 20:46:11] laisee : no slippage during liquidations?
[2016-12-05 20:46:28] habibi : XXXX: if u want to attack him just do it in right way, otherwise u are end up as an idiot
[2016-12-05 20:46:36] granathus : must be slippage in liquidation too
[2016-12-05 20:47:15] j8 : your slippage in liquidation is predefined, you lose your maintenance margin. that might be better than what's available on the orderbook
[2016-12-05 20:47:16] sleger : laisee: when you go on isolated margin you commit to a max collateral so you cant lose more than that no matter at what price the liq is executed (or ADL'ed)
[2016-12-05 20:47:53] laisee : sleger: ofc. but that is not the question
[2016-12-05 20:47:57] granathus : yeah, but liquidation algorithm takes that into account, not like bitmex takes a loss on liquidations
[2016-12-05 20:48:34] sleger : laisee: however i did answer, and so did j8
[2016-12-05 20:48:45] XXXX : habibi: this is trollbox. Every one here is idiot. If anyone thinks otherwise then he s a megaidiot
[2016-12-05 20:49:16] sleger : granathus: bitmex doesnt take a loss, however other users did get less profits because I triggered a liq vs existing at market
[2016-12-05 20:49:46] laisee : sleger: u didn't answer my question. forced liquidation incurs more or less slippage than closing out your own position over time?
[2016-12-05 20:49:50] j8 : zec has maintenance margin of 25%, and it was trading with more than 50% spread. it makes a lot of sense
[2016-12-05 20:49:58] habibi : XXXX: yea but u are the one that is lowering SMA of level at this trollbox
[2016-12-05 20:50:01] sleger : laisee: it depends... on liquidity
[2016-12-05 20:50:39] laisee : for any level of liquidity, it should be better
[2016-12-05 20:50:56] wurstgelee : nice dumping ZEC
[2016-12-05 20:51:18] laisee : wurstgelee: almost time to buy agin
[2016-12-05 20:51:22] sleger : laisee: the fact that insurance fund increases tells you otherwise
[2016-12-05 20:51:32] wurstgelee : laisee: not yet i figure. still short ;)
[2016-12-05 20:52:04] laisee : sleger: good point, if we know the level of the fund.
[2016-12-05 20:52:20] sleger : laisee: https://www.bitmex.com/app/insuranceFund
[2016-12-05 20:52:30] sleger : unless you are talking about one specific instrument
[2016-12-05 20:52:35] sleger : but in general this is the case
[2016-12-05 20:52:37] laisee : yes
[2016-12-05 20:53:40] j8 : any time someone gets ADL'd, that means their counterparties got a better exit than they would have on the orderbook
[2016-12-05 20:54:21] sleger : getting ADL'ed is winning
[2016-12-05 20:54:29] sleger : well, getting other people ADL'ed is
[2016-12-05 20:54:43] wurstgelee : thats losing
[2016-12-05 20:54:50] laisee : winning by losing less ....
[2016-12-05 20:55:06] REKT : Liquidated short on `WINZ16`: Buy 1 @ 0.002042
[2016-12-05 20:55:06] REKT : Liquidated short on `WINZ16`: Buy 100 @ 0.002042
[2016-12-05 20:55:09] wurstgelee : i prefer plain winning
[2016-12-05 20:55:33] laisee : then u could win even more by ADL yourself though closing position in chunks
[2016-12-05 20:55:45] wurstgelee : yes ofc, i like adl
[2016-12-05 20:55:54] wurstgelee : who doesnt?
[2016-12-05 20:56:11] laisee : its limit up trading for the forgetful
[2016-12-05 20:56:20] j8 : i really like the fact that we don't have open liquidations sitting around for up to a week
[2016-12-05 20:56:42] sleger : yes, ala bitvc
[2016-12-05 20:56:49] mjones : WIN rekt
[2016-12-05 20:56:55] laisee : yup. old liquidations suck.
[2016-12-05 20:57:06] j8 : and the fact that unrealized pnl is immediately used as margin, makes cross margin work properly
[2016-12-05 20:57:34] laisee : speaking of which ... AIG is still doing business somehow, even in Asia. .
[2016-12-05 20:58:51] thiago : wtf is happening at " ...etcwin"??
[2016-12-05 20:59:01] j8 : it's stuck on the session limit up
[2016-12-05 20:59:17] Tetsuo : i thought limit up was 0.002
[2016-12-05 20:59:35] j8 : maybe last session it was
[2016-12-05 20:59:35] mjones : eth dump part 110
[2016-12-05 21:00:18] thiago : session limit? why we need that?
[2016-12-05 21:00:43] Tetsuo : thiago: everyone should get a (small) chance before it goes to 100 BTC
[2016-12-05 21:00:50] j8 : it's marked to last price, it's brand new, there's no spot market
[2016-12-05 21:00:53] habibi : thiago: to prevent manipulations, liq both sides of trade within 1 minute and stuff like that
[2016-12-05 21:05:33] thiago : prevent manipulation,,, I guess the mods didnt read wolong's book . . . . .
[2016-12-05 21:06:55] Tetsuo : wolong only pumped and dumped spot, no liqs there
[2016-12-05 21:07:53] laisee : rapidtrades: WIN == eye of the tiger blood coin or SHT coins?
[2016-12-05 21:08:33] Tetsuo : ETC = Eye of the Tiger Coin
[2016-12-05 21:09:08] laisee : Tetsuo: +1000
[2016-12-05 21:10:20] Tetsuo : After God realised that he failed the first the by creating Adam&Eve he gave it a second chance with ETC
[2016-12-05 21:10:46] CaptainDean : and added WIN in front of it ... marketing 101
[2016-12-05 21:10:56] laisee : EVE got forked
[2016-12-05 21:10:59] CaptainDean : at the end of it**
[2016-12-05 21:11:23] Tetsuo : laisee: lol
[2016-12-05 21:12:04] laisee : sersly - WIN? cant even find it on SHT exchange like POLO.
[2016-12-05 21:12:54] habibi : laisee: srlrsly
[2016-12-05 21:13:45] laisee : crypto has jumped the SHRK ... good name for a coin
[2016-12-05 21:13:50] thiago : shitmex greg: can you list ARC tokens too? i bought too and want to get rich too
[2016-12-05 21:14:24] laisee : My SHRK coins are hungry for some whale food.
[2016-12-05 21:15:24] Tetsuo : thiago: hasn´t noahs arc sunken? i don´t know , i got bored after a few pages
[2016-12-05 21:16:29] Tetsuo : i just read that it got stuck on top of a mountain, lol
[2016-12-05 21:16:31] Tetsuo : i might buy some too
[2016-12-05 21:16:38] laisee : yeh, 2 many dumb creatures onboard
[2016-12-05 21:17:02] thiago : you can buy some at ethdelta. and, nowhere else
[2016-12-05 21:18:30] arbitrage001 : where is the index price for etcwin derive from?
[2016-12-05 21:18:39] Tetsuo : ETH/ETC parity @ ~0.004 within 2 months?
[2016-12-05 21:18:44] BitMEX_Sam : arbitrage001: It's the ETC parity price
[2016-12-05 21:19:01] arbitrage001 : BitMEX_Sam: parity price from?
[2016-12-05 21:19:10] BitMEX_Sam : As in, parity with the value of ETC
[2016-12-05 21:19:19] arbitrage001 : BitMEX_Sam: ok thank you
[2016-12-05 21:20:36] laisee : ETH has some ways to FALL by the looks of it
[2016-12-05 21:20:55] Tetsuo : 30k sell wall@ETH@POLO
[2016-12-05 21:22:08] arbitrage001 : so much confusion now on eth
[2016-12-05 21:22:34] arbitrage001 : parents having too many chilren
[2016-12-05 21:25:32] REKT : Liquidated long on `ETH7D`: Sell 2500 @ 0.009050
[2016-12-05 21:27:52] mjones : eth longs gonna get mega rekt
[2016-12-05 21:28:16] arbitrage001 : so is every other coin eventually
[2016-12-05 21:28:22] arbitrage001 : including btc
[2016-12-05 21:30:45] Tetsuo : Open the Gates of hell, ETH is knocking
[2016-12-05 21:31:56] Tetsuo : ETH clearly is scared shitless by the arrival of ETCWIN!
[2016-12-05 21:33:01] REKT : Liquidated long on `ETH7D`: Sell 1500 @ 0.008900
[2016-12-05 21:33:01] REKT : Liquidated long on `ETH7D`: Sell 8 @ 0.008900
[2016-12-05 21:33:08] thiago : lol
[2016-12-05 21:34:06] REKT : Liquidated long on `ETH7D`: Sell 200 @ 0.008860
[2016-12-05 21:34:35] wurstgelee : mewn me btc
[2016-12-05 21:34:39] wurstgelee : thank you
[2016-12-05 21:35:19] Sasukeevil : last time I wanted to long eth and got ass whipping
[2016-12-05 21:36:10] Spofas : BitMEX_Sam: are you guys pulling up the limitup on etcwin?
[2016-12-05 21:36:11] mjones : and it's always nice when the market maker leaves so you cant exit that long
[2016-12-05 21:36:13] BitMEX_Sam : New feature just hit production: tables are now sortable: http://i.imgur.com/2yEcba0.png
[2016-12-05 21:36:27] BitMEX_Greg : Spofas: The limitup is reset every 8 hours
[2016-12-05 21:36:35] BitMEX_Sam : That's 12:00, 20:00, and 4:00 UTC
[2016-12-05 21:36:59] rapidtrades : wow ETH below 0.09
[2016-12-05 21:37:35] Spofas : Alright thanks
[2016-12-05 21:39:22] sleger : one 3000btc market buy brings it back to 0.02
[2016-12-05 21:39:34] REKT : Liquidated long on `ETH7D`: Sell 41 @ 0.008720
[2016-12-05 21:40:12] Tetsuo : sleger: a 3000 BTC market buy on Stamp might also bring it to 10000$, plz don´t use troll logic!
[2016-12-05 21:40:26] sleger : obv i wasnt serious
[2016-12-05 21:40:34] Tetsuo : i know
[2016-12-05 21:40:39] sleger : oh :o
[2016-12-05 21:41:30] Tetsuo : 0.0088 might hold for a while
[2016-12-05 21:41:36] Tetsuo : not that i´m buyin
[2016-12-05 21:41:59] wurstgelee : .007 maybe
[2016-12-05 21:45:16] REKT : Liquidated long on `ETH7D`: Sell 321 @ 0.008590
[2016-12-05 21:48:06] REKT : Liquidated short on `ETH7D`: Buy 120 @ 0.008700
[2016-12-05 21:48:51] REKT : Liquidated short on `ETH7D`: Buy 30 @ 0.008770
[2016-12-05 21:49:26] Mm bot : Liquidate ETH short? They like to short bottom
[2016-12-05 21:49:33] mjones : lol
[2016-12-05 21:49:34] REKT : Liquidated short on `ETH7D`: Buy 24 @ 0.008860
[2016-12-05 21:50:15] sleger : you have to really try to get a short liquidated !
[2016-12-05 21:50:40] Mm bot : I know, that green dildo did it for ETH
[2016-12-05 21:50:43] Tetsuo : sleger: are u short (hedged)
[2016-12-05 21:50:54] mjones : i longed into that 0.008590 margin call wall. #winning
[2016-12-05 21:51:01] sleger : no im long
[2016-12-05 21:51:14] Mm bot : Strength of bounce looks good
[2016-12-05 21:52:36] Mm bot : ETH closing short position
[2016-12-05 21:52:56] Tetsuo : sleger: margin long?
[2016-12-05 21:53:01] sleger : no
[2016-12-05 21:53:08] sleger : bagholder
[2016-12-05 21:53:14] Tetsuo : that´s ok
[2016-12-05 21:55:57] MrRGnome : sleger: where you holding from if you don't mind sharing? I almost got caught - rather did get caught, bag holding from 0.018, but I traded my way out in profit at ~0.014 and haven't touched the meth since, until today.
[2016-12-05 21:56:29] mjones : zec bouncing
[2016-12-05 21:56:59] sleger : MrRGnome: my avg buy in price was 0.014, but i sold 25% at 0.013 and bought those back at 0.009 so around 0.013
[2016-12-05 21:58:07] MrRGnome : well good luck, it's a crappy position to have to dig out of but I'm sure you'll pull it out.
[2016-12-05 21:58:14] thiago : how the f should i guesstimate is already the bottom geez smudger
[2016-12-05 21:58:21] REKT : Liquidated long on `ETH7D`: Sell 1 @ 0.008870
[2016-12-05 21:58:58] Tetsuo : ok, i´m watchin the final episode of Westworld now, if you don´t wan´t any spoilers in an hour send 5 BTC to my adress thx
[2016-12-05 21:59:10] sleger : MrRGnome: it's a long term position and i only invested money i can afford to lose
[2016-12-05 21:59:19] m3s : thoughts on stamp crowdfunding? cant raise real VC money or just giving an opportunity to the people ?
[2016-12-05 21:59:20] thiago : they are all fucking robots?
[2016-12-05 21:59:36] Tetsuo : thiago: Bernard is one
[2016-12-05 21:59:50] MrRGnome : m3s: 2% for over a million dollars is a nuts evaluation IMO.
[2016-12-05 22:00:05] BitMEX_Sam : It's not that far off tbh
[2016-12-05 22:00:19] BitMEX_Sam : They've done 12B volume (according to their own metrics), which is about 40M in rev
[2016-12-05 22:00:19] Tetsuo : m3s: stamp crowdfunding? plz share link
[2016-12-05 22:00:22] thiago : I both liquidated a short and a long in less than 2 minutes.. thats nice
[2016-12-05 22:00:33] m3s : 60m$ is not uncommon for a VC backed startup making money
[2016-12-05 22:00:34] MrRGnome : They are saying they are worth 50 million for no preferred shares that yield no dividend. No thanks.
[2016-12-05 22:00:55] BitMEX_Sam : Of course, you absolutely invest at your own risk on a barely-vetted web platform where you can't even get financials
[2016-12-05 22:01:06] BitMEX_Sam : But STMP's valuation is far more grounded in reality than BFX's
[2016-12-05 22:01:09] Tetsuo : Stamp is by far the most reliable exchange in Europe
[2016-12-05 22:01:14] ytaews : careful @BitMEX_Sam you might want to sell equity too one day
[2016-12-05 22:01:30] ytaews : :P
[2016-12-05 22:01:41] BitMEX_Sam : I don't agree with selling stock to the general public based on a slide deck and a few videos
[2016-12-05 22:01:56] MrRGnome : I would be more inclined to invest in stamp if they provided complete transparency of their financials and were asking for half as much money.
[2016-12-05 22:02:12] m3s : there is an investor page that may show more info but isnt open to everyone
[2016-12-05 22:02:42] ytaews : Ya sorry I was just playing
[2016-12-05 22:03:53] m3s : if someone were to ask you guys if you would want to buy shares of the LSE in 1705, would you do it ? its all relative
[2016-12-05 22:04:39] Tetsuo : thiago: i watched the new Brazil Netflix series "3%", wasn´t very impressed, plot was mostly stolen from other movies. Actors were okay though
[2016-12-05 22:06:58] thiago : Im glad you enjoyed. To be honest I, really, cant stand tv here. I listen to Joe Rogan podcast all day and my parents are from argentina.. so.. . . .
[2016-12-05 22:07:40] m3s : Rogan still going strong with Tom Pappa
[2016-12-05 22:07:43] Tetsuo : Wagner Moura was in great in Narcos
[2016-12-05 22:08:12] Tetsuo : one of the best acting in series the last 1-2 years
[2016-12-05 22:08:35] Lord Rothschild : gonna watch that
[2016-12-05 22:08:38] cookielito : Is there any way to display the cost rate ?
[2016-12-05 22:08:51] arbitrage001 : Tetsuo: westworld only has 1 season?
[2016-12-05 22:08:55] cookielito : it appears to be FIFO
[2016-12-05 22:09:01] Tetsuo : arbitrage001: so far, yes
[2016-12-05 22:09:03] thiago : arbitrage001: +1
[2016-12-05 22:09:04] arbitrage001 : all the main characters die?
[2016-12-05 22:09:08] Tetsuo : ok, i´m goin now, see u later
[2016-12-05 22:09:20] thiago : wtf is the first episode all about btw...
[2016-12-05 22:09:39] arbitrage001 : thiago: human nature and artificial intellligent
[2016-12-05 22:11:03] thiago : I meant.. first episode is in the 70s.. then.. ultra futuristic..
[2016-12-05 22:12:55] sleger : i think they have guests from the future that go into some artificial reality in the past
[2016-12-05 22:13:01] sleger : thought it was clear in episode 1
[2016-12-05 22:13:07] REKT : Liquidated short on `ETH7D`: Buy 500 @ 0.009080
[2016-12-05 22:16:23] mjones : my only regret is not longing moar eth
[2016-12-05 22:18:16] JamesPolo : Long or short btc?
[2016-12-05 22:19:55] Tetsuo : thiago: 70`s you do realiz that the western is more like 1870 , how old are you ? you do realize that we already had cars in 1970 and no more horses
[2016-12-05 22:20:05] Tetsuo : lol
[2016-12-05 22:20:24] mjones : JamesPolo: long of course. when to long is the question
[2016-12-05 22:25:05] thiago : Tetsuo: for f ucks sake... im talking about the big old tube tvs and crazy hair from first episode.. the tourists were from the 70s, or Im dreaming that shit up?
[2016-12-05 22:26:03] thiago : the ridiculous control panel from the apollo landing and shit
[2016-12-05 22:28:05] mjones : btc heading south for the winter.
[2016-12-05 22:28:09] mjones : back to $400
[2016-12-05 22:28:28] imabeast : btc hit 775 then drop please
[2016-12-05 22:29:56] mjones : 5 1/2 hours till we try to long ETCWIN again
[2016-12-05 22:30:09] mjones : and a lucky person gets ADL
[2016-12-05 22:33:20] arbitrage001 : mjones: any clue why some people short?
[2016-12-05 22:33:43] mjones : because they short now, ask questions later
[2016-12-05 22:34:07] mjones : ICO price is 0.001 so it's already double the price on here.
[2016-12-05 22:34:10] arbitrage001 : so it is going to 100btc cap this time?
[2016-12-05 22:34:27] mjones : if polo adds ETCWIN it will most likely tank. it's a China coin
[2016-12-05 22:34:33] mjones : so we'll see if BTCC adds it or what is up
[2016-12-05 22:34:49] mjones : which may mean good things for ETC
[2016-12-05 22:35:53] j8 : arbitrage001: it won't be at 100btc any time soon with limit up 25% per 8 hours
[2016-12-05 22:36:23] arbitrage001 : j8: exponent 25% can go up very fast
[2016-12-05 22:36:32] zanza : dat red candle @ ETH
[2016-12-05 22:36:32] mjones : the game is long it and get out when ADL kicks in.
[2016-12-05 22:36:39] arbitrage001 : when will polo list it?
[2016-12-05 22:37:14] j8 : arbitrage001: 8 hours is a long time to prop up an unreasonable price
[2016-12-05 22:37:40] zanza : last chance to buy discounted ETH
[2016-12-05 22:37:42] zanza : load up
[2016-12-05 22:37:43] arbitrage001 : j8: will be interesting to watch how things unfold this time
[2016-12-05 22:38:00] mjones : zanza: dont trick the noobs here like that. they'll get rekt when megabear whale shows up again
[2016-12-05 22:38:02] Tetsuo : thiago: i can´t remember any 70´s aesthetics in the first episode. Maybe you watch the 1973 movie? :-) https://en.wikipedia.org/wiki/Westworld
[2016-12-05 22:38:16] zanza : :o
[2016-12-05 22:38:22] j8 : yeah, well it's a different story since there will be a million units right away @arbitrage001
[2016-12-05 22:44:06] REKT : Liquidated long on `ETH7D`: Sell 11 @ 0.008980
[2016-12-05 22:49:52] mjones : bagholders still trying to sell into any bounce in eth
[2016-12-05 22:53:05] zanza : RIP ETH
[2016-12-05 22:54:06] arbitrage001 : sentiment is extremely bad
[2016-12-05 22:54:16] arbitrage001 : too many forks lol
[2016-12-05 22:54:26] CaptainDean : ETH will bounce back
[2016-12-05 22:54:27] mjones : the guts it took to buy 0.02 and 0.03 and 0.035 in ETH after it was at 0.001
[2016-12-05 22:55:15] arbitrage001 : CaptainDean: they need to have something to show for
[2016-12-05 22:55:23] arbitrage001 : a useful application
[2016-12-05 22:55:28] arbitrage001 : to restore faith
[2016-12-05 22:55:48] arbitrage001 : otherwise, i dont see how it can stop going down
[2016-12-05 22:55:59] CaptainDean : faith is big word, more like a whale crashing the price big time
[2016-12-05 22:56:26] arbitrage001 : all crypto coins operate on faith
[2016-12-05 22:56:44] arbitrage001 : the new religion
[2016-12-05 22:57:16] CaptainDean : this is what makes people do bad trading imo :P
[2016-12-05 22:57:16] Tetsuo : faith and exchanges , black markets, devs using inside infos to P&D
[2016-12-05 23:00:08] mjones : 5300 CNY falling
[2016-12-05 23:00:53] mjones : what's everyones favorite reddit to visit?
[2016-12-05 23:01:36] lopol : if i change my risk limit back and forth why does my withdrawable balance adjust with it?
[2016-12-05 23:01:49] lopol : doensn't*
[2016-12-05 23:02:58] Tetsuo : mjones: maybe 5000 needs another test
[2016-12-05 23:10:06] REKT : Liquidated short on `ETC7D`: Buy 423 @ 0.001076
[2016-12-05 23:12:10] lopol : why my liq.price suddenly increased so much?
[2016-12-05 23:12:15] lopol : can someone explain?
[2016-12-05 23:12:23] lopol : all i did was change risk limit
[2016-12-05 23:14:28] l3f : rapidtrades: does the ZEC hurt?
[2016-12-05 23:14:56] j8 : increasing your risk limit increases the maintenance margin, which means you'll be liquidated sooner @lopol
[2016-12-05 23:16:02] lopol : j8: and when i decrese my risk limit to same level my liq price still is higher?
[2016-12-05 23:16:05] lopol : can understand why
[2016-12-05 23:17:42] mjones : i'm expecting big things for ETC
[2016-12-05 23:18:35] Tetsuo : AMEN
[2016-12-05 23:19:06] j8 : lopol: liq price should change, although i know there's sort of a bug/feature where the extra margin doesn't get removed when you lower your risk limit. try moving the leverage slider
[2016-12-05 23:19:58] lopol : yeah i have tried but not working
[2016-12-05 23:20:36] BitMEX_Sam : lopol: I'll double-check with Wally on this one, but if a liquidation were to actually happen, the risk limit is automatically moved to the lowest possible level and the liq price is recalculated
[2016-12-05 23:20:36] lopol : seems fishy that my liq price increases so much just by moving risk limit back and forth once
[2016-12-05 23:21:01] BitMEX_Sam : lopol: Try resetting your margin - go to another leverage level and back
[2016-12-05 23:21:36] lopol : BitMEX_Sam: Yeah i tried but didint work
[2016-12-05 23:22:29] BitMEX_Sam : Which contract is this?
[2016-12-05 23:23:59] lopol : XBTUSD
[2016-12-05 23:24:25] BitMEX_Sam : So if you go back to, say, 100x, your liquidation price is still higher than it was?
[2016-12-05 23:24:26] lopol : also my withdrawable balance is now much lower than before changing risk limit
[2016-12-05 23:24:35] lopol : yes
[2016-12-05 23:25:19] mjones : cant hold ETC down. it has a mind of its own
[2016-12-05 23:25:41] REKT : Liquidated long on `XBTZ16`: Sell 17000 @ 761.94
[2016-12-05 23:26:20] BitMEX_Sam : lopol: Okay - let me ping Wally on this, he can get deeper in to the system. My guess is that your effective leverage was lower due to profit, and going back and forth due to risk limit effectively allocated less margin, making your liquidation price nearer. You should be able to choose a lev that gets you back to your original liq price.
[2016-12-05 23:27:41] lopol : ok
[2016-12-05 23:28:06] REKT : Liquidated short on `ETC7D`: Buy 3999 @ 0.001108
[2016-12-05 23:31:13] mjones : someone just market bought some ltc on btce ltc/btc market. LTC trying to make a comeback
[2016-12-05 23:32:59] KingTuna : is ETH in a perpetual decline? IS there any hope
[2016-12-05 23:33:51] Tetsuo : There is hope , it´s name is ETC!
[2016-12-05 23:34:43] wurstgelee : Tetsuo: looking good
[2016-12-05 23:34:55] wurstgelee : entered a educated fomo long earlier
[2016-12-05 23:35:21] Tetsuo : same here, also bought a large sume spot about 2 weeks ago
[2016-12-05 23:35:56] mjones : China gonna delist LTC and add ETC. i wonder if that's why LTC took a huge dump and ETC is pumping...
[2016-12-05 23:36:12] Tetsuo : lol, that would be awesome
[2016-12-05 23:36:24] wurstgelee : if that is true, yes
[2016-12-05 23:36:29] wurstgelee : that would be the reason
[2016-12-05 23:36:36] wurstgelee : probably
[2016-12-05 23:36:37] wurstgelee : ;)
[2016-12-05 23:37:24] mjones : etc another new high
[2016-12-05 23:37:24] lopol : ETC is such a scam coin
[2016-12-05 23:37:33] lopol : no devs no dapps no real value
[2016-12-05 23:37:34] Tetsuo : lopol: plz stop trolling, thx
[2016-12-05 23:37:43] mjones : i should go into the chinese chat and ask what they know about ETC
[2016-12-05 23:37:51] lopol : thats truth, not trolling
[2016-12-05 23:38:14] Tetsuo : mjones: they still haven´t answered my question about ETCwin from hours ago
[2016-12-05 23:38:16] mjones : they are just starting. ETCWIN is just the beginning
[2016-12-05 23:38:58] mjones : Tetsuo: do you just use google translate?
[2016-12-05 23:39:01] lopol : so what is etcwin?
[2016-12-05 23:39:19] wurstgelee : being long on ETC right now = etcwin
[2016-12-05 23:39:21] Tetsuo : mjones: yes
[2016-12-05 23:39:58] mjones : ETCWin is a China based Digital Currency Exchange Platform, built primarily for Ethereum Classic (ETC) trading. The exchange aims to list ETC pairs against XBT, LTC, XMR, ZEC. The exchange will also allow trading of smart contract digital tokens, such as the ETCWin token (WIN).
[2016-12-05 23:40:07] mjones : The 34 person ETCWin team comes from a strong financial technology background, operating and engaging strongly in the ETC community. For example, ETCWin also operates 91pool, an ETC mining pool with over 10% market share.
[2016-12-05 23:40:19] Tetsuo : OMG, that sounds awesome!
[2016-12-05 23:40:32] mjones : i just copied and paste from bitmex email
[2016-12-05 23:40:36] Tetsuo : OMG
[2016-12-05 23:40:41] Tetsuo : That´s even better
[2016-12-05 23:40:55] mjones : since they speak chinese they must have some insider info
[2016-12-05 23:40:57] mjones : that's why they added it
[2016-12-05 23:41:22] lopol : why on earth they support etc and not eth?
[2016-12-05 23:41:27] lopol : chinese are crazu
[2016-12-05 23:41:33] Tetsuo : less forks
[2016-12-05 23:41:42] lopol : doesnt matter at all
[2016-12-05 23:41:46] Tetsuo : most of ETC now belongs to chinese people opposed to ETH
[2016-12-05 23:41:49] sleger : less forks more chopsticks
[2016-12-05 23:41:57] Tetsuo : ^also this
[2016-12-05 23:42:02] lopol : etc has no devs and no dapps
[2016-12-05 23:42:08] lopol : it has no value
[2016-12-05 23:42:13] Tetsuo : lopol: cry me a river
[2016-12-05 23:42:21] lopol : just telling you facts
[2016-12-05 23:43:04] CaptainDean : it's called a buzz
[2016-12-05 23:43:09] CaptainDean : a Hype
[2016-12-05 23:43:23] CaptainDean : might probably fall, but you knows
[2016-12-05 23:43:37] CaptainDean : profit the hype
[2016-12-05 23:43:42] CaptainDean : profit the downside
[2016-12-05 23:43:43] CaptainDean : :P
[2016-12-05 23:45:06] REKT : Liquidated long on `ETC7D`: Sell 300 @ 0.001137
[2016-12-05 23:45:28] wurstgelee : 20x fomo longers
[2016-12-05 23:45:30] wurstgelee : ;)
[2016-12-05 23:46:20] wurstgelee : 3 mins 23 secs tro liquidation
[2016-12-05 23:46:22] wurstgelee : not bad
[2016-12-05 23:46:27] wurstgelee : but not hall of fame worthy
[2016-12-05 23:52:16] mjones : doesnt take much to move ETC anyways. so give people a reason to buy and away it goes up up up
[2016-12-05 23:57:22] mjones : btc taking a page out of the ETH book of dumping
[2016-12-06 00:06:37] zanza : ETC ratio almost 13%
[2016-12-06 00:06:41] Tetsuo : ETC mm left the building
[2016-12-06 00:07:48] mjones : 22500 mm entered the building
[2016-12-06 00:08:04] mjones : and 3000 mm re entered the building
[2016-12-06 00:08:10] Tetsuo : elvis back on track
[2016-12-06 00:11:21] mjones : glad i dumped that eth bag i had on someone at the top. enjoy!
[2016-12-06 00:12:22] mjones : tried getting filled on some btc quarterly but missed the boat
[2016-12-06 00:12:45] mjones : hoping it crashes and sinks back down
[2016-12-06 00:15:01] laisee : implied fx rate of 122 for USDJPY, is Quoine right?
[2016-12-06 00:17:48] sleger : most jpy exchanges are pricing bitcoin way higher
[2016-12-06 00:22:03] j8 : is bitflyer fx a derivative?
[2016-12-06 00:22:47] micmix : quione is in its own little world
[2016-12-06 00:23:29] micmix : fx is bitflyer's margin trading afaik, they have separate books
[2016-12-06 00:24:17] j8 : separate books but if it's actual coins it should be easy to arb against bitflyer (not fx)
[2016-12-06 00:25:59] mjones : ffffff. btc up $7
[2016-12-06 00:29:45] laisee : arb quoine by using ETH as alt ccy for sending back out?
[2016-12-06 00:31:37] micmix : j8: not sure, I didn't try FX yet and google translation is not that good: https://lightning.bitflyer.jp/About-Fx
[2016-12-06 00:32:23] j8 : laisee: premium of ETH/JPY is just as bad
[2016-12-06 00:32:35] sleger : micmix: i believe you can use .jp/en/ for english version
[2016-12-06 00:32:51] laisee : oh, there goes that cunning plan .... :-(
[2016-12-06 00:34:04] laisee : Japanese exchanges do have supply issues from time to time re BTC
[2016-12-06 00:34:08] j8 : well there's a big spread between FX and not FX, so my guess is you can't actually buy/sell for cash on FX
[2016-12-06 00:34:29] sleger : technically you can since you can withdraw fiat
[2016-12-06 00:34:39] sleger : if you have the necessary bank accounts
[2016-12-06 00:34:55] j8 : can you just move funds between FX and not FX?
[2016-12-06 00:35:13] sleger : oh no i meant arb with usd exchange
[2016-12-06 00:35:35] sleger : send usd buy btc (finex) send btc to jpy exchange, sell withdraw jpy to bank account, convert for usd
[2016-12-06 00:36:06] j8 : sure, and i imagine people are doing that but not keeping up with demand
[2016-12-06 00:36:17] micmix : sleger: oh yes, I see. had to click on the link in the footer bc Guide on the main page doesn't work
[2016-12-06 00:40:51] micmix : j8: looks like you can transfer btc from spot to FX account and vice versa
[2016-12-06 00:41:08] j8 : but not JPY??
[2016-12-06 00:41:27] j8 : only meant to do one question mark there, i'm not that excited
[2016-12-06 00:42:34] Tetsuo : calm down
[2016-12-06 00:42:56] j8 : coffee is a hell of a drug
[2016-12-06 00:44:16] micmix : j8: looks like JPY too, not sure
[2016-12-06 00:44:19] l3f : micmix: do you have a twitter or github page?
[2016-12-06 00:44:27] micmix : l3f: no
[2016-12-06 00:44:55] l3f : you run REKT right?
[2016-12-06 00:45:08] micmix : yes
[2016-12-06 00:45:22] Tetsuo : i thought REKT is a beast of it´s own, that he serves no masters?
[2016-12-06 00:45:36] sleger : micmix created it then it broke free
[2016-12-06 00:45:47] micmix : he's out of control now but I was the one who started it
[2016-12-06 00:45:57] l3f : micmix: I made the twitter chinese copy
[2016-12-06 00:46:08] l3f : do you want a credit on the twitter page?
[2016-12-06 00:46:18] j8 : micmix: there's more than 4% difference between them, why wouldn't someone just arb it with internal transfers if they could?
[2016-12-06 00:46:19] Tetsuo : we also need one for the chinese trollbox
[2016-12-06 00:46:35] micmix : l3f: no
[2016-12-06 00:46:46] l3f : micmix: all good
[2016-12-06 00:47:11] micmix : j8: I have no idea, I guess I'll have to upgrade my account and check how it works exactly
[2016-12-06 00:48:05] j8 : my guess is FX is not real coins, it's gotta be a swap of some sort
[2016-12-06 00:48:47] micmix : I can make REKT post to Chinese trollbox as well if people want that
[2016-12-06 00:49:05] Tetsuo : yes plz
[2016-12-06 00:49:13] l3f : micmix: translate to chinese first
[2016-12-06 00:49:30] l3f : :)
[2016-12-06 00:49:59] l3f : s/translate/localise
[2016-12-06 00:52:30] micmix : someone from BitMEX will have to translate because I don't trust any of you guys ;-)
[2016-12-06 00:52:37] Tetsuo : i think REKT gets translated LEKT in chinese
[2016-12-06 00:55:10] BitMEX_Jinming : micmix: Awesome! We will translate it for you. You can send us the lists to be translated.
[2016-12-06 00:57:12] micmix : BitMEX_Jinming: cool, will send an email later today. And maybe you can come up with funny messages too, I don't think English memes translate that well
[2016-12-06 00:57:38] BitMEX_Wally : Jinming has a great sense of humour
[2016-12-06 00:57:48] BitMEX_Wally : Well, he laughs at all me and Arthur's jokes at least
[2016-12-06 00:58:15] micmix : lol
[2016-12-06 01:01:58] BitMEX_Jinming : micmix: yeah I have lots of resources of Chinese internet memes
[2016-12-06 01:11:59] j8 : micmix: i'm looking at the demo mode now, the FX part seems to be margined and settled in JPY.. can't withdraw coins
[2016-12-06 01:17:51] REKT : Liquidated long on `XBJ7D`: Sell 65300 @ 91302
[2016-12-06 01:20:08] habibi : premium about to get killed https://cryptowat.ch/quoine/btcjpy/1m
[2016-12-06 01:20:36] j8 : yeah gettin a little flash crashy there
[2016-12-06 01:21:11] habibi : this exchange looks like even more fake than okc volume, bitbook is way bigger than volume on that drop
[2016-12-06 01:21:28] Tetsuo : wow this chart doesn´t look like any other BTC/FIAT chart at all
[2016-12-06 01:21:32] habibi : bid*
[2016-12-06 01:21:50] j8 : they are really disconnected from reality
[2016-12-06 01:22:56] mjones : that exchange is shady as fuck
[2016-12-06 01:24:06] sleger : you cant place limit orders that would execute immediately
[2016-12-06 01:24:19] sleger : so that dip was maybe just one market order
[2016-12-06 01:24:30] j8 : really you can't?
[2016-12-06 01:24:34] sleger : i had take profits from short that didnt get executed on that dip
[2016-12-06 01:24:54] sleger : "You must not have any short trade to place a buy order."
[2016-12-06 01:25:04] sleger : oh sorry thats a different error
[2016-12-06 01:26:18] sleger : "Limit price of a sell order must be greater than market bid."
[2016-12-06 01:26:23] sleger : voila
[2016-12-06 01:26:49] sleger : bitmex, great choice of partner
[2016-12-06 01:26:52] j8 : that's messed
[2016-12-06 01:27:18] Tetsuo : Thx Obama, Thx Bitmex
[2016-12-06 01:27:42] sleger : my take profit at 91300 wasnt done...
[2016-12-06 01:28:51] Tetsuo : orders that don´t get filled, Gox also did this
[2016-12-06 01:29:00] Tetsuo : never trust the japs!
[2016-12-06 01:29:55] sleger : TBH, i am almost sure they dont place TP in the books, so when their system triggers it its too late
[2016-12-06 01:30:24] Tetsuo : what is TP?
[2016-12-06 01:30:30] sleger : Toilet Paper
[2016-12-06 01:30:34] Tetsuo : ah ok, thx
[2016-12-06 01:30:36] j8 : oh, that would explain some wicks then
[2016-12-06 01:30:36] sleger : or Take Profit
[2016-12-06 01:30:53] sleger : depending on where you are
[2016-12-06 01:31:04] Tetsuo : :-)
[2016-12-06 01:31:47] Tetsuo : https://www.youtube.com/watch?v=LHv2dIM3t9I
[2016-12-06 01:32:29] rapidtrades : up dudes
[2016-12-06 01:32:54] rapidtrades : PBOC sets USD/CNY mid-point today at 6.8575 (vs. yesterday at 6.8870)
[2016-12-06 01:33:05] Tetsuo : IT LOOKS PRETTY BAD
[2016-12-06 01:35:53] habibi : sleger: it could be arbitrage between jpy and usd markets there https://cryptowat.ch/quoine/btcusd
[2016-12-06 01:36:13] habibi : i mean... if they got any fx conversion
[2016-12-06 01:36:33] sleger : look at their btceur price
[2016-12-06 01:36:36] habibi : but then again price should stays close all the time
[2016-12-06 01:36:40] sleger : doesnt match either its really weird
[2016-12-06 01:36:57] sleger : btceur 7430.6
[2016-12-06 01:37:00] sleger : 730.6
[2016-12-06 01:41:28] habibi : anyway my only guess is their own mm is taking everything off just before bigger market order triggers on engine if they don't want to eat and in meanwhile they can make volume and control the price as no real bigger players there
[2016-12-06 01:54:47] mjones : REP hitting new lows
[2016-12-06 02:00:27] yerb : BitMEX_Wally: are there any plans to add more advanced order types like iceberg?
[2016-12-06 02:00:45] l3f : you can already do iceberg
[2016-12-06 02:01:00] yerb : how?
[2016-12-06 02:01:11] l3f : hit the hidden button
[2016-12-06 02:01:16] l3f : and write your fake order quantity
[2016-12-06 02:01:51] mjones : is this going to be the ETH double bottom that holds
[2016-12-06 02:04:57] micmix : BitMEX_Jinming: sent an email with REKT msgs to support@bitmex.com
[2016-12-06 02:05:27] REKT : Liquidated short on `XBTUSD`: Buy 1 @ 756.42 :punch: :whale:
[2016-12-06 02:07:12] micmix : a bit of fun this morning: https://www.reddit.com/r/canada/comments/5gn9lt/crazy_morning_outside_the_office/
[2016-12-06 02:08:32] REKT : Liquidated short on `XBTUSD`: Buy 8440 @ 757.36
[2016-12-06 02:08:41] REKT : Liquidated short on `XBTUSD`: Buy 7543 @ 757.55
[2016-12-06 02:10:02] REKT : Liquidated short on `XBTUSD`: Buy 490 @ 758.21
[2016-12-06 02:13:06] Tetsuo : micmix: :-)
[2016-12-06 02:13:53] Tetsuo : Stamp goin a bit cray, up&down, flashin mini walls, i´m almost feelin a bit like it´s 2013
[2016-12-06 02:14:44] Tetsuo : Shit is about to go down (or up)
[2016-12-06 02:15:18] Tetsuo : haven´t seen a 5k+ order on western exchanges for along time! Bring it on whales
[2016-12-06 02:16:57] mjones : fucking shit ETH
[2016-12-06 02:17:04] mjones : scared the shit out of me with my long
[2016-12-06 02:28:52] mjones : 28,000 open ETH contracts. when will they be margin called
[2016-12-06 02:36:00] Josephus : ob://6c0ad478008e90451212d68595d45edfaf8a4aa8/store FOR POKERSTARS
[2016-12-06 02:36:29] mjones : where is btc going
[2016-12-06 02:37:04] mjones : what do people do to pass the time? i play agario and poker
[2016-12-06 02:37:33] mjones : xmr trying to pump