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 
[2016-12-15 01:24:22] bingbongfly : sleger: Could you explain cross? im new to this contracts
[2016-12-15 01:24:24] sleger : otherwise before -100% you would have been liquidated dummy
[2016-12-15 01:24:36] Rado : bingbongfly: look at the leverage bar
[2016-12-15 01:24:45] Rado : it will tell you the effective leverage
[2016-12-15 01:24:56] bingbongfly : yeah found it, hm weird I
[2016-12-15 01:25:17] imabeast : damn etc!
[2016-12-15 01:25:24] PARAFFIN : mjones: nice hint with etc thx
[2016-12-15 01:25:25] mjones : couple hundred BTC into ETC and it'll be at 0.0015
[2016-12-15 01:26:14] bingbongfly : Rado: wait, I just clicked the leverage and it changed? damn now im almost liqudated, I need to read up on this weird contract
[2016-12-15 01:26:27] bingbongfly : aha assigned margin
[2016-12-15 01:26:37] Rado : change it back to cross
[2016-12-15 01:26:46] Rado : don't click on it
[2016-12-15 01:26:47] Rado : :-)
[2016-12-15 01:26:47] bingbongfly : I cant
[2016-12-15 01:26:57] sleger : whats your liq price ?
[2016-12-15 01:26:58] mjones : etc pump wall moved up
[2016-12-15 01:27:08] bingbongfly : insufficiant balance
[2016-12-15 01:27:10] bingbongfly : 1066
[2016-12-15 01:27:20] sleger : then youre fine
[2016-12-15 01:27:23] BitMEX_Greg : bingbongfly: Cross margin means you use all available funds in your account to prevent liquidation
[2016-12-15 01:27:39] bingbongfly : BitMEX_Greg: Alright, thanks for clarifying.
[2016-12-15 01:28:01] BitMEX_Greg : bingbongfly: You can read more here: https://www.bitmex.com/app/isolatedMargin
[2016-12-15 01:30:41] j8 : at the bottom of the Margin panel it says your effective leverage over your full account
[2016-12-15 01:32:04] j8 : where's rapidtrades to tell us the PBOC fixing
[2016-12-15 01:32:08] bingbongfly : it says 4.20 now lol thanks mate
[2016-12-15 01:32:53] j8 : yeah, you probably don't want to be at 20x anyway
[2016-12-15 01:33:18] mjones : lets see how many take etc profit
[2016-12-15 01:33:21] bingbongfly : j8: Yea true, would have gotten liquidated ages ago
[2016-12-15 01:33:38] bingbongfly : mjones: I took a little bit. still have more then 70% of my original position open
[2016-12-15 01:34:24] bingbongfly : Ive bought spot etc too, sell target around 0.0018-0.002
[2016-12-15 01:34:27] Rado : PBOC sets USD/CNY central rate at 6.9289 (vs. yesterday at 6.9028)
[2016-12-15 01:36:45] j8 : you're becoming him :O
[2016-12-15 01:37:23] j8 : next you'll be insulting our mothers
[2016-12-15 01:40:28] sleger : lol
[2016-12-15 01:41:52] mjones : lets see if pump wall stays up or if it's taken down on polo etc
[2016-12-15 01:42:44] Rado : j8: he he
[2016-12-15 01:48:01] mjones : etc bullwhale buying up the dip
[2016-12-15 01:48:34] mjones : china excited about the future of ETC
[2016-12-15 01:52:47] imabeast : RSI on etc close to top
[2016-12-15 01:52:53] imabeast : think it may cool down a little
[2016-12-15 02:03:49] mjones : or some insane bull or a couple traders could pump it even higher
[2016-12-15 02:04:12] mjones : the ones that dont look at charts and just buy because why not
[2016-12-15 02:05:11] mjones : 50 btc and we're at 0.0014
[2016-12-15 02:07:07] mjones : or the guy with buy orders takes them down and we're back below 0.0013
[2016-12-15 02:07:35] mjones : open contracts went down about 30,000 so some taking profit
[2016-12-15 02:10:31] rms : long eth is probably less risky than short etc
[2016-12-15 02:10:45] rms : the 1:10 ratio was strong for a long time and ETH might catch up
[2016-12-15 02:16:24] arbitrage001 : good morning
[2016-12-15 02:16:33] arbitrage001 : fellow trolls
[2016-12-15 02:18:52] mjones : etc whale with 100,000+ etc will dump the price down
[2016-12-15 02:19:18] rms : you mean the DAO hacker?
[2016-12-15 02:19:30] mjones : indeed
[2016-12-15 02:20:12] tb : is it bad if im more than 10% of the open interest on etc?
[2016-12-15 02:20:36] mjones : no. that's happened to me before on some coins. and settlement is near
[2016-12-15 02:24:47] mjones : i have 6% of open ETC contracts
[2016-12-15 02:24:58] mjones : didnt realize so many were closed recently
[2016-12-15 02:25:16] mjones : in b4 i get rekt
[2016-12-15 02:30:45] tb : you are short?
[2016-12-15 02:37:36] jose : tb: it depends on wich side you are ;)
[2016-12-15 02:41:43] mjones : i am short
[2016-12-15 02:41:53] mjones : guessing this is the top
[2016-12-15 02:46:50] tb : i want to get longer
[2016-12-15 02:46:55] tb : someone hit my bid
[2016-12-15 02:49:01] l3f : BitMEX_Greg: Is it possible to get quarterlies for all of the altcoins?
[2016-12-15 02:49:11] BitMEX_Greg : l3f: Unlikely anytime soon
[2016-12-15 02:49:14] l3f : 7D is just too much management
[2016-12-15 02:49:17] l3f : why
[2016-12-15 02:49:21] l3f : no liquidity?
[2016-12-15 02:49:47] l3f : BitMEX_Greg:
[2016-12-15 02:49:55] BitMEX_Greg : MM don't want to be bag holding for that long
[2016-12-15 02:50:05] tb : shouldn't they be hedged?
[2016-12-15 02:50:32] BitMEX_Greg : exactly, so there becomes a point where they don't quote one side anymore if they hit their inventory limits for example
[2016-12-15 02:50:44] BitMEX_Greg : and it could be possible that you have a one sided market for 3 months
[2016-12-15 02:51:06] BitMEX_Greg : Just the borrow markets are not as liquid as bitcoin yet, so it becomes harder for these guys to manage bigger inventories
[2016-12-15 02:51:32] tb : but how do they deal with settlement deltas?
[2016-12-15 02:51:41] l3f : By MM you mean the people that MM on here?
[2016-12-15 02:51:50] BitMEX_Greg : market makers yeah
[2016-12-15 02:51:51] tb : instant deltas you get when bitmex settles
[2016-12-15 02:52:28] BitMEX_Greg : we have a settlement window, usually 2 hours or 30 mins. I imagine they unwind during that period
[2016-12-15 02:55:35] j8 : you can look at it as 1/30th of your position being settled every minute for 30 mins.. it's equivalent to the whole thing settling at the TWAP
[2016-12-15 03:38:32] l3f : haha premium is now negative
[2016-12-15 03:40:40] l3f : Oh what the fuck
[2016-12-15 03:40:51] l3f : Why did XBTUSD and XBTZ16 swap places
[2016-12-15 03:40:54] l3f : BitMEX_Greg:
[2016-12-15 03:41:14] BitMEX_Greg : l3f: What do you mean?
[2016-12-15 03:41:29] l3f : XBTUSD used to be listed before XBTZ16
[2016-12-15 03:41:33] l3f : on the top bar
[2016-12-15 03:41:44] j8 : XBTZ16 had higher 24h volume
[2016-12-15 03:41:47] BitMEX_Greg : It is based on turnover, XBTZ16 has more turnover
[2016-12-15 03:41:56] l3f : oh for reals?
[2016-12-15 03:42:08] l3f : lol I shorted the wrong thing based on muscle memory
[2016-12-15 03:42:20] l3f : fuck me right
[2016-12-15 05:59:21] rapidtrades : BitMEX_Greg: yeah dude don't go around changing places willy nilly
[2016-12-15 05:59:28] rapidtrades : not cool
[2016-12-15 06:00:52] rapidtrades : z16 only has high volume cos that idiot fomoed then got liquidated
[2016-12-15 06:02:01] rapidtrades : if ur determining places based on volume it should be on 30 days or smth more stable...and u should changes places every friday or smth so ppl are prepared
[2016-12-15 06:27:24] imabeast : etc going down
[2016-12-15 08:13:06] rapidtrades : sup
[2016-12-15 08:27:07] REKT : Liquidated short on `XBTZ16`: buy 24100 @ 784.16
[2016-12-15 08:33:12] l3f : So why is everyone going ape shit on the quaterlies?
[2016-12-15 08:33:14] l3f : what has changed?
[2016-12-15 08:34:30] rms : just getting back to a more normal spread, it was odd that the spread had collapsed
[2016-12-15 08:34:37] rms : expresses general bullish sentiment
[2016-12-15 08:34:45] rms : people think new okcoin quarterlies is going to start a pump
[2016-12-15 08:35:32] l3f : What time exactly is okcoin quaterlies coming out?
[2016-12-15 08:35:35] l3f : rms:
[2016-12-15 08:36:13] PARAFFIN : yes when
[2016-12-15 08:37:52] BitMEX_Arthur : PARAFFIN: 08:00 UTC
[2016-12-15 08:38:02] BitMEX_Arthur : same time as our `XBTH17` and `XBCH17`
[2016-12-15 08:39:18] rms : so that means a bit less than 24 hours i guess?
[2016-12-15 08:39:32] j8 : usually their new contract launches 10-15 minutes after settlement, so you might get a small headstart here
[2016-12-15 08:40:33] rms : http://getjumbucks.com/settlement/
[2016-12-15 08:41:31] BitMEX_Arthur : rms: Correct
[2016-12-15 08:41:32] l3f : https://www.timeanddate.com/countdown/generic?p0=1440&iso=20161216T08&msg=New%20woodchipper%20and%20BitMEX%20casino%20%26%20resort%20quarterlies
[2016-12-15 08:50:34] PARAFFIN : z9 @BitMEX_Arthur thank you
[2016-12-15 08:51:21] REKT : Liquidated short on `ETC7D`: buy 87 @ 0.001385
[2016-12-15 08:55:11] PARAFFIN : REKT: wat means that?
[2016-12-15 08:57:08] rapidtrades : wtf is going on with this manipulated market
[2016-12-15 08:57:25] rapidtrades : i hate china
[2016-12-15 08:57:57] rapidtrades : WHY DONT U GROW A PAIR AND TAKE DOWN THE COMMIES
[2016-12-15 08:58:16] rapidtrades : instead of laundering ur money with bitcoin
[2016-12-15 08:58:26] rapidtrades : #leavenitcoinalone
[2016-12-15 09:06:52] kogroken : PARAFFIN: https://www.urbandictionary.com/define.php?term=rekt
[2016-12-15 09:07:34] kogroken : Basically, to get destroyed. In this context, to get margin called.
[2016-12-15 09:08:30] kogroken : So someone nicknamed the bot that reports margin calls that.
[2016-12-15 09:09:24] PARAFFIN : ahh okay
[2016-12-15 09:30:33] breadfan : guys, when is the 'high time' for this market? sometimes it seems so slow, and then around 1 am UTC it starts to get going.
[2016-12-15 09:32:12] PARAFFIN : breadfan: yes
[2016-12-15 09:33:18] JuanQinobi : How does the kaiko price computed?
[2016-12-15 09:38:14] BitMEX_Arthur : JuanQinobi: It's an equally weighted index comprised of OKCoin USD and Bitstamp
[2016-12-15 09:38:19] BitMEX_Arthur : ok coin usd
[2016-12-15 09:39:26] aethlios : BitMEX_Arthur: Hello, I would like to see a 12month xbtusd like the 3month. Will be more volatile and we can trade the spread, also will have a nice curve for btc up to 12 months.
[2016-12-15 09:41:46] JuanQinobi : BitMEX_Arthur: ok thanks still a little bit complicated though
[2016-12-15 09:42:38] l3f : aethlios: BitMEX_Arthur: me too, although it will be complete insanity
[2016-12-15 09:42:47] l3f : and MM will bag hold
[2016-12-15 09:43:41] aethlios : and bitmex will be ahead of others as noone has a 12 month
[2016-12-15 09:44:16] l3f : aethlios: maybe there's a reason other platforms don't have a 12m :O
[2016-12-15 09:50:41] BitMEX_Arthur : There is no MM interest for that tenor unfort
[2016-12-15 09:51:01] BitMEX_Arthur : As you correctly pointed out, no one wants to take that sort of rate risk
[2016-12-15 09:51:07] BitMEX_Arthur : on a fixed basis
[2016-12-15 09:58:33] justinlooking : gutless ;)
[2016-12-15 10:16:09] l3f : everyone is expecting quarterlies to be drill that will pierce the heavens?
[2016-12-15 10:34:42] rapidtrades : not really, no
[2016-12-15 10:51:17] PARAFFIN : is 777 such a great number?
[2016-12-15 10:53:51] rapidtrades : wtf china hacking the internet again?
[2016-12-15 10:54:57] rapidtrades : sites slow to load and getting errors
[2016-12-15 10:55:29] PARAFFIN : yea my pool also does 500 errors
[2016-12-15 10:55:57] rapidtrades : f*ck you china!
[2016-12-15 10:58:18] PARAFFIN : btc-e hacked
[2016-12-15 10:58:28] rapidtrades : rly?
[2016-12-15 10:58:41] PARAFFIN : poloniex talking about it
[2016-12-15 10:58:44] PARAFFIN : website down
[2016-12-15 10:59:25] rapidtrades : lot of websites are down moron, we were just talking about it 5 secs ago
[2016-12-15 11:02:17] rapidtrades : their mt4 hasn't updated in 12 mins
[2016-12-15 11:21:24] kingkrung : btc-e ?
[2016-12-15 11:22:00] PARAFFIN : is not working
[2016-12-15 11:25:07] REKT : Liquidated long on `ETH7D`: sell 20 @ 0.010050
[2016-12-15 11:30:22] mjones : Rip eth
[2016-12-15 11:32:02] REKT : Liquidated long on `ETH7D`: sell 100 @ 0.009990
[2016-12-15 11:32:44] thomaskikansha : deth
[2016-12-15 11:32:52] PARAFFIN : ddos on btc-e
[2016-12-15 11:32:58] PARAFFIN : https://twitter.com/hashtag/btce?f=tweets&vertical=default
[2016-12-15 11:34:12] mjones : Ah the usual then
[2016-12-15 11:57:09] rapidtrades : Euro just crumbled
[2016-12-15 11:58:51] REKT : Liquidated short on `ETH7D`: buy 14 @ 0.010040
[2016-12-15 12:04:24] rapidtrades : testing 1.04 atm
[2016-12-15 12:20:58] aethlios : gold silver also slaughtered, could btc retrace lower because of stronger dollar? or will rally because of yuan depreciation?
[2016-12-15 12:26:01] rapidtrades : on the plus side, living in the eurozone is now 2% cheaper then it was yday
[2016-12-15 12:29:12] l3f : this is so retarded
[2016-12-15 12:29:32] l3f : conventional wisdom says breakout will fail
[2016-12-15 12:29:40] l3f : but we are in a bull trend
[2016-12-15 12:30:01] l3f : conventional wisdom also says reversals are also rare
[2016-12-15 12:30:14] l3f : so it will neither go up or reverse
[2016-12-15 12:30:20] l3f : I expect sideways action for a while
[2016-12-15 12:30:42] l3f : BUT, people expect new quarterlies to be some kind of pump train
[2016-12-15 12:31:02] djkaltenudel : quarterlies are a pump train
[2016-12-15 12:31:12] djkaltenudel : no orders with 0% premium will be filled
[2016-12-15 12:31:36] djkaltenudel : so yes it may correct down after the initial opening
[2016-12-15 12:31:47] djkaltenudel : but on opening there will be a pump
[2016-12-15 12:31:56] djkaltenudel : at least for futures
[2016-12-15 12:31:58] aethlios : 20 usd premium is cheap for 105 days
[2016-12-15 12:32:24] djkaltenudel : talking about okcoin futures btw because they are the only ones that matter
[2016-12-15 12:32:50] l3f : quarterlies opened here at around 700 on 27th of Oct
[2016-12-15 12:33:13] l3f : bitcoin price was 650
[2016-12-15 12:33:31] l3f : pretty ballzy move
[2016-12-15 12:34:45] l3f : 20 days later Bitfinex got hacked
[2016-12-15 12:34:52] l3f : people that bought at 700 must have shat their pants
[2016-12-15 12:37:18] aethlios : I will bid for 20 premium, if anyone want to lock that decent return.
[2016-12-15 12:40:29] sleger : I will bid for 30, i just dont want him to make money
[2016-12-15 12:41:21] REKT : Liquidated short on `XBJ7D`: buy 4000 @ 92853
[2016-12-15 12:44:34] zanza : wow EUR broke support
[2016-12-15 12:47:00] zanza : 13 year low!
[2016-12-15 12:47:34] zanza : gold and silver hammered
[2016-12-15 12:57:47] l3f : I fucking swear Arthur writes in such a strange style
[2016-12-15 12:57:55] l3f : Is he imitating Zero Hedge?
[2016-12-15 13:07:34] zanza : link l3f ?
[2016-12-15 13:08:33] l3f : Check your email
[2016-12-15 13:16:10] golem : http://us3.campaign-archive1.com/?u=db45c09bdf20e1866bb32123f&id=6056acf022&e=7b3541e0ab
[2016-12-15 13:16:13] golem : nice
[2016-12-15 13:47:04] sleger : "take a machete through the Yuan like a yound Thai coconut" .... we know what you mean by that...
[2016-12-15 13:50:17] bingbongfly : etc crazy
[2016-12-15 14:12:41] l3f : Hey it is very entertaining though
[2016-12-15 14:12:51] l3f : I'm going through the archives to find any gems I missed out
[2016-12-15 14:13:09] l3f : 'Oh and by the way, coming up with “unethical”, assassination-market based questions such as “Will Clinton die from a gunshot wound to the head before she dies from pneumonia” can lose REP for the market creator.'
[2016-12-15 14:13:21] l3f : Arther's now on a list
[2016-12-15 14:16:51] rapidtrades : 'largest btc/usd exchange by volume'
[2016-12-15 14:17:06] rapidtrades : really guys? still pushing that deceptive marketing spin?
[2016-12-15 14:17:14] l3f : I mean it's legit
[2016-12-15 14:17:32] rapidtrades : it's NOT an exchange
[2016-12-15 14:17:44] rapidtrades : nothing is exchanged here, its btc in, btc out
[2016-12-15 14:18:11] rapidtrades : their benchmark should be okc futures and bitvc
[2016-12-15 14:22:46] mjones : I agree
[2016-12-15 14:25:30] BitMEX_Greg : How about margin based exchanges. Since technically you are not really exchanging anything as you need to close the position out before you can withdraw the funds
[2016-12-15 14:31:40] sleger : volume should be compared with similar leverage
[2016-12-15 14:32:01] sleger : even bitfinex has a large advantage over bitstamp
[2016-12-15 14:33:55] rapidtrades : that's not important imo
[2016-12-15 14:34:14] sleger : do you think the volume would be the same here if leverage was 3x ?
[2016-12-15 14:34:21] rapidtrades : on bitfinex you can wire USD and exchange it to BTC
[2016-12-15 14:34:25] rapidtrades : that's exchange
[2016-12-15 14:34:49] BitMEX_Greg : If you exchange it on their margin platform, is that still exchanging?
[2016-12-15 14:34:56] sleger : it is the same orderbook
[2016-12-15 14:35:03] BitMEX_Greg : But you cannot withdraw that btc
[2016-12-15 14:35:09] sleger : you can transfer usd and claim the position and withdraw that btc
[2016-12-15 14:35:10] rapidtrades : fair point
[2016-12-15 14:35:14] rapidtrades : greg
[2016-12-15 14:35:47] sleger : there is margin trading on regular equities exchange, that is still very different from futures
[2016-12-15 14:35:57] BitMEX_Greg : I agree comparing futures to spot volume is like comparing apples to oranges. But XBTUSD is more of a margin based product given the funding
[2016-12-15 14:36:48] sleger : there is no DPE / ADL on margin on bitfinex
[2016-12-15 14:36:55] rapidtrades : not exactly because the funding fluctuates +- here...while I traded on bitfinex longs always paid
[2016-12-15 14:37:00] sleger : they just take all your money :)
[2016-12-15 14:37:12] rapidtrades : f*cking rats
[2016-12-15 14:37:52] sleger : but real margin trading is still real exchange => technically there is no risk of dpe/adl unlike the product here because the usd dont exist
[2016-12-15 14:38:46] sleger : but to go back to comparing, it depends what the goal of the comparison is, all exchanges are different : product, leverage, fees... and all impact volume somehow.
[2016-12-15 14:39:03] rapidtrades : i wish there was a way to see what % of volume okc is faking
[2016-12-15 14:39:12] rapidtrades : so we could do honest comparison
[2016-12-15 14:40:08] sleger : there is no faking at 0kcoin
[2016-12-15 14:40:11] sleger : bitvc yes
[2016-12-15 14:40:26] sleger : i mean 0kcoin futures
[2016-12-15 14:40:58] rapidtrades : sleger: plz we've been over this
[2016-12-15 14:41:23] sleger : yes and you accused them of faking volume but dont have any proof
[2016-12-15 14:41:41] rapidtrades : i told u my proof, its smth everyone can test
[2016-12-15 14:41:50] rapidtrades : watch the market when we're flat
[2016-12-15 14:41:53] sleger : and im telling you they arent, just watch the orderbook and the ticker feed on a decent internet connection you'll see
[2016-12-15 14:42:12] rapidtrades : it will keep printing in the middle....but once u put in a bid in the middle, noone will fill u
[2016-12-15 14:42:13] sleger : fine lets do it now
[2016-12-15 14:42:28] sleger : quaterly. the most volume
[2016-12-15 14:42:46] sleger : trade at the offer
[2016-12-15 14:42:52] rapidtrades : ur connection doesn't matter cos the trades are still printed in recent trades
[2016-12-15 14:43:02] mjones : not looking good for zec holders
[2016-12-15 14:43:52] BitMEX_Greg : rapidtrades: @sleger I've seen it before too. I traded there a while back, would be best bid / offer. Saw volume increasing but I didn't get any fills
[2016-12-15 14:44:26] rapidtrades : yes i dunno how he can't see it, it's very obvious
[2016-12-15 14:44:29] sleger : it happened only for a bit at the beginning 2 years ago
[2016-12-15 14:44:45] rapidtrades : i happened as recently as 8 months ago when i still traded there
[2016-12-15 14:44:53] BitMEX_Greg : I haven't looked recently tbh
[2016-12-15 14:45:12] Cryptlex : you guys sure it isnt some high frequency tactics?
[2016-12-15 14:45:30] BitMEX_Greg : I gave up when I had stops executed, or hunted rather, at rediculous prices
[2016-12-15 14:45:43] sleger : record market data then look at it
[2016-12-15 14:45:46] sleger : then we can talk
[2016-12-15 14:46:54] rapidtrades : ok so what would be ur explanation for my example above?
[2016-12-15 14:47:15] rapidtrades : to me it doesn't make sense because you pay fees for every day
[2016-12-15 14:47:25] rapidtrades : *trade
[2016-12-15 14:47:52] sleger : i dont see it printing in the middle
[2016-12-15 14:47:55] l3f : seleger: https://www.youtube.com/watch?v=e8B_5-ZaC5s&feature=youtu.be&t=20m9s
[2016-12-15 14:48:00] l3f : sleger*:
[2016-12-15 14:48:48] sleger : l3f: is that about 0kcoin china ?
[2016-12-15 14:49:23] l3f : looks like usd prices
[2016-12-15 14:49:23] l3f : so no
[2016-12-15 14:49:49] sleger : Dec 30, 2014
[2016-12-15 14:49:54] sleger : thats what i said earlier
[2016-12-15 14:50:01] sleger : "sleger: it happened only for a bit at the beginning 2 years ago"
[2016-12-15 14:50:18] sleger : whats 2 year in the past from today ?
[2016-12-15 14:51:01] sleger : I already explained why they did that, there was a volume contest at the time. The first prize was a mercedes C class new
[2016-12-15 14:51:15] sleger : I was going to win it so they made a fake volume bot
[2016-12-15 14:51:26] sleger : I was told after the fact by employees who left shortly after
[2016-12-15 14:51:30] l3f : what the fuck?
[2016-12-15 14:51:53] l3f : how much trading fees did they scam you
[2016-12-15 14:52:09] sleger : they did not scam me of anything
[2016-12-15 14:52:19] sleger : they just didnt want to have to pay me that car
[2016-12-15 14:52:38] l3f : you didn't pay any trading fees to get your "volume" up?
[2016-12-15 14:52:49] sleger : i didnt get my volume up on purpose
[2016-12-15 14:52:58] sleger : i was trading what i wanted to trade and was profitable
[2016-12-15 14:53:12] sleger : i didnt pay extra to try to win if thats what you think
[2016-12-15 14:53:29] l3f : lol
[2016-12-15 14:53:40] l3f : so why won the car?
[2016-12-15 14:54:13] l3f : who*
[2016-12-15 14:54:13] sleger : please speak english
[2016-12-15 14:54:19] sleger : their bot won the car
[2016-12-15 14:54:21] sleger : i guess
[2016-12-15 14:56:40] rapidtrades : that shows their character
[2016-12-15 14:56:54] rapidtrades : there is no honor in china
[2016-12-15 14:57:33] sleger : http://soft.chinabyte.com/248/13135748.shtml
[2016-12-15 14:57:39] sleger : from nov 2014
[2016-12-15 14:58:13] l3f : did you at least get the macbook?
[2016-12-15 14:58:22] sleger : i got 2 macbooks and 2 iphone
[2016-12-15 14:58:29] sleger : because i won the ltc contest
[2016-12-15 14:58:31] sleger : as well
[2016-12-15 14:58:41] rapidtrades : nice
[2016-12-15 14:58:57] sleger : but they just sent me bitcoin for the value of it (a bit less of course...)
[2016-12-15 14:59:08] rapidtrades : lol ofc
[2016-12-15 14:59:13] rapidtrades : how much less?
[2016-12-15 14:59:40] sleger : they used some weird average price of bitcoin over some imaginary period to convert the value....
[2016-12-15 14:59:46] sleger : so they gave me like 75% of it
[2016-12-15 14:59:54] rapidtrades : lol
[2016-12-15 15:00:11] rapidtrades : and u still kept trading there? i would be so pissed
[2016-12-15 15:00:26] rapidtrades : that's adding insult to injury
[2016-12-15 15:00:42] sleger : i made much more by trading than the prize
[2016-12-15 15:00:44] rapidtrades : first they cheated u out of the car then gave u 75% of the latptops
[2016-12-15 15:00:50] sleger : so yes i did continue and still do
[2016-12-15 15:00:58] sleger : they never stole any of my money
[2016-12-15 15:01:05] sleger : unlike finex or bitmex
[2016-12-15 15:01:09] rapidtrades : unlike bitfienx
[2016-12-15 15:01:23] l3f : bitmex stole your money?
[2016-12-15 15:01:46] rapidtrades : they changed the terms on short notice
[2016-12-15 15:01:55] sleger : long story.... they made a change to how the swap worked without notice that destroyed a 10$ premium that i had bought
[2016-12-15 15:02:11] sleger : 10$ * 1000 btc
[2016-12-15 15:02:52] rapidtrades : my story is they capped the ZEC....after removing limits 1 day earlier
[2016-12-15 15:03:21] rapidtrades : official explanation 'we didn't think it will get that high'
[2016-12-15 15:04:12] suriah : with such low supply we all knew it would go 100+ btc easy, they are not fools
[2016-12-15 15:04:37] sleger : almost noone thought that high no
[2016-12-15 15:04:47] sleger : and you werent here to say that before it launched either
[2016-12-15 15:04:57] l3f : yeah I left some sells at 2 and 3 btc
[2016-12-15 15:04:58] l3f : and went to bed
[2016-12-15 15:05:09] l3f : missed the fireworks but it must have been insane
[2016-12-15 15:05:17] zanza : sleger if I recall, the price was in the 4 or 500's then, if you would have just held you would have made tons of returns
[2016-12-15 15:05:20] suriah : I did say it will go easy past 100 btc
[2016-12-15 15:05:24] zanza : since the price kept rallying
[2016-12-15 15:05:30] zanza : actually it was like 640
[2016-12-15 15:06:05] suriah : simple math to see that and if you dont understand it cant be helped
[2016-12-15 15:06:08] rapidtrades : problem is ZEC rallied from 0.025 to 1.25 on launch day....and there's no reason to expect 10 not to be hit with that record
[2016-12-15 15:06:15] sleger : zanza: i would have made money because i chose to be long, that extra 10$ was still stolen away, so that's completely irrelevant
[2016-12-15 15:06:42] sleger : suriah: you did say that when the price was 0.01 ?
[2016-12-15 15:06:56] sleger : because when it went above 1 that was easy and many people did say that
[2016-12-15 15:07:09] zanza : but you have to know the swap goal is the mirror SPOT price, so if it was trading way out of line they would make a change
[2016-12-15 15:07:33] zanza : the funding rate is what keeps the swaps in line with spot
[2016-12-15 15:07:45] suriah : sleger: I was ADL many times on here but came to that conclusion about 0.07 after discover slow start of 11 coins
[2016-12-15 15:07:48] sleger : zanza: contract did not say that contract would change to keep it in line no
[2016-12-15 15:08:23] sleger : zanza: i only wish they do the same to you so you will shut up
[2016-12-15 15:08:51] sleger : if it went in front of a judge I give them 15% chance of winning
[2016-12-15 15:09:01] suriah : oh and then they change contract and destroy all bitmex credibility but I still trade here
[2016-12-15 15:09:03] zanza : good luck in Seychelles
[2016-12-15 15:09:10] l3f : zanza: aye
[2016-12-15 15:10:18] suriah : sleger: but I ask you, why you still trade here knowing what you now know?
[2016-12-15 15:10:32] l3f : suriah: he's profiting of course
[2016-12-15 15:10:45] suriah : exactly
[2016-12-15 15:11:38] sleger : suriah: i trade 10% of what I would otherwise trade so bitmex knows how much they lose in fees (they refused to reimburse me for the loss)
[2016-12-15 15:11:38] suriah : my business morals guide me to integrity and I would leave this place for dust but the leverage is most useful tool
[2016-12-15 15:12:12] rapidtrades : suriah: only a matter of time till u get mexed :)
[2016-12-15 15:12:25] sleger : but that doesnt apply to me, everyone saw what happened, they have just as much reason as I do
[2016-12-15 15:12:50] suriah : sleger: if the exchange fucks me hard enough I will be sure to fuck them rest assured
[2016-12-15 15:13:04] rapidtrades : sleger: but ppl don't learn until it happens to them
[2016-12-15 15:13:10] l3f : did sleger start with a small loan of a million dollars?
[2016-12-15 15:13:40] sleger : rapidtrades: you complain about zec but you also still trade here
[2016-12-15 15:13:40] rapidtrades : like i didn't make any changes after they screwed u..i only cut back on my trading here after they ZECed me
[2016-12-15 15:13:51] habibi : l3f: he made a small fortune on crypto, but he started with big one :p
[2016-12-15 15:14:00] sleger : i withdrew 2/3 of my deposit here after it happened and trade much less
[2016-12-15 15:14:09] habibi : example: he invested in wrong Ether, not classic :(
[2016-12-15 15:15:25] rapidtrades : there are no good alternatives for leveraged shorting
[2016-12-15 15:15:33] rapidtrades : its here okc or bitvc
[2016-12-15 15:15:46] rapidtrades : and i know okc fakes volume (and prolly runs bots)
[2016-12-15 15:15:57] l3f : I thought rapidshorts was long on zec
[2016-12-15 15:15:59] rapidtrades : sleger says bitvc fakes volume too
[2016-12-15 15:15:59] suriah : btcc
[2016-12-15 15:16:04] rapidtrades : so where u gonna go?
[2016-12-15 15:16:24] sleger : okc is really fine. bitvc is okish but much lower liquidity
[2016-12-15 15:16:26] suriah : they have never smashed me
[2016-12-15 15:16:35] l3f : #justwhaleproblems
[2016-12-15 15:16:40] rapidtrades : if u trade on exchange u take the risk of being buttfinexed
[2016-12-15 15:16:56] l3f : I got finexed and I wasn't even a whale
[2016-12-15 15:17:02] l3f : how much did sleger lose?
[2016-12-15 15:17:11] rapidtrades : it's pick ur poison at this point of development
[2016-12-15 15:17:20] sleger : on finex ?
[2016-12-15 15:17:25] suriah : yeah to some degree
[2016-12-15 15:17:26] l3f : ya
[2016-12-15 15:17:36] sleger : 5 digits
[2016-12-15 15:17:52] l3f : I went all in on bfx tokens, recovered some what
[2016-12-15 15:17:55] sleger : could have been worse
[2016-12-15 15:18:11] rapidtrades : sleger: not really, no
[2016-12-15 15:18:17] suriah : but these motherfuckers one day will choose the wrong character to shaft.
[2016-12-15 15:18:18] l3f : 5 digits is pretty bad
[2016-12-15 15:18:28] sleger : i've had much more at some point
[2016-12-15 15:18:37] l3f : goxxed?
[2016-12-15 15:18:41] sleger : yes
[2016-12-15 15:18:41] rapidtrades : they got me at my high point there
[2016-12-15 15:18:43] sleger : 3 cents left
[2016-12-15 15:18:49] l3f : shiieeet
[2016-12-15 15:18:59] sleger : i withdrew everything 2 weeks before gox
[2016-12-15 15:19:14] sleger : that i could tell soomething was going on
[2016-12-15 15:19:26] rapidtrades : sleger: smth was going on for months
[2016-12-15 15:19:27] l3f : sigh
[2016-12-15 15:19:35] l3f : one day, I'll worry about getting mexxed
[2016-12-15 15:19:43] rapidtrades : it had a $100 premium
[2016-12-15 15:19:45] suriah : to not know gox was in the shit you had to be blind
[2016-12-15 15:20:19] l3f : rapidtrades: from all the people selling to get out
[2016-12-15 15:20:31] l3f : buying*
[2016-12-15 15:21:00] rapidtrades : yes
[2016-12-15 15:21:18] rapidtrades : euro testing 1.04 again
[2016-12-15 15:24:11] suriah : can someone explain that candle on the dec 30 or am I safe to assume internal witchhunt?
[2016-12-15 15:25:06] sleger : I got out of gox when they premium was still very small, not sure exactly but like 2-3$ I think
[2016-12-15 15:26:14] suriah : need some volume on XMR to confirm this move
[2016-12-15 15:27:26] l3f : https://i.imgur.com/0sMbW1e.jpg
[2016-12-15 15:27:53] BitMEX_Greg : suriah: this was from a number of stops suddenly being executed. All at once. Since we mark to fair price, this caused no liquidations
[2016-12-15 15:31:27] suriah : BitMEX_Greg: well thats one thing going for bitmex. this marking feature is more sturdy
[2016-12-15 15:36:53] PARAFFIN : lol BTC :'D
[2016-12-15 15:37:06] PARAFFIN : yuan is crazy
[2016-12-15 15:42:20] bingbongfly : BTC is even less volatile then gold... Come one move btc! MOVE
[2016-12-15 15:42:59] PARAFFIN : bingbongfly: down or up?
[2016-12-15 15:43:12] bingbongfly : PARAFFIN: I don't care, just move already x)
[2016-12-15 15:44:02] REKT : Liquidated short on `ETC7D`: buy 19330 @ 0.001422
[2016-12-15 15:44:44] Rado : This was a nice call: https://www.tradingview.com/chart/ETCBTC/1SgrFojT-ETC-nearing-reversal/
[2016-12-15 15:44:46] Rado : :-)
[2016-12-15 15:47:31] mjones : lol etc rekt
[2016-12-15 15:48:06] mjones : didnt hit a new high just yet
[2016-12-15 15:50:39] Rado : mjones: new high on what timeframe?
[2016-12-15 15:51:03] mjones : polo 5 minute chart 0.00142143 is the high from 11 hours ago
[2016-12-15 15:55:53] bingbongfly : Rado: too early profittaking doe, not perfect but pretty good
[2016-12-15 15:56:48] Rado : there is no such thing as early
[2016-12-15 15:56:53] Rado : you only know after the fact
[2016-12-15 15:57:04] bingbongfly : Rado: ofc there is such thing as early
[2016-12-15 15:57:22] bingbongfly : Rado: I took profit when BTC hit 30$, are you saying that was not too early profit taking? :)
[2016-12-15 15:57:29] Rado : bingbongfly: attempt to call the top and see how you do
[2016-12-15 15:57:44] bingbongfly : Rado: Top 0.0018
[2016-12-15 15:57:58] Rado : ok, lets see
[2016-12-15 15:57:59] bingbongfly : Let's see, ofc I can be wrong too. It's very hard to hit the top
[2016-12-15 15:58:13] Rado : exactly
[2016-12-15 15:58:17] bingbongfly : A perfect trade would have been if he took profit at the absolute top
[2016-12-15 15:58:28] bingbongfly : But he took profit a tad to early, but still a good trade
[2016-12-15 15:58:31] Rado : again there is no such thing
[2016-12-15 15:58:32] bingbongfly : Like I said
[2016-12-15 15:58:38] bingbongfly : Ofc there is such a thing
[2016-12-15 15:58:56] Rado : I don't know of any good trader that takes profit at the top
[2016-12-15 15:59:09] bingbongfly : A perfect trader would
[2016-12-15 15:59:28] bingbongfly : I don't know any good trader that does it either
[2016-12-15 16:03:04] bingbongfly : mjones: not being able to make a new high there is a bit bearish actually, let's see if our friend whale puts up his walls again
[2016-12-15 17:32:30] inconspic : usd is rallying, btc don't give a fuck
[2016-12-15 17:32:50] inconspic : good stuff :)
[2016-12-15 17:33:10] inconspic : give a f**ck
[2016-12-15 17:34:20] inconspic : 80% profit so far on my zcrash short, also good stuff
[2016-12-15 17:58:07] sleger : yes what wrong could happen shorting zcash....
[2016-12-15 18:15:24] tech.coin : Hey Friends...
[2016-12-15 18:15:36] tech.coin : Good eveniiing
[2016-12-15 18:16:03] tech.coin : Hows trading?
[2016-12-15 18:17:33] tech.coin : Yeah Europe here..
[2016-12-15 18:22:28] RoftheN : I
[2016-12-15 18:22:34] RoftheN : When will bitcoin go down again?
[2016-12-15 18:29:15] tech.coin : In 2031.
[2016-12-15 18:29:17] zanza : Floor is in, go 100x long
[2016-12-15 18:29:32] tech.coin : ; )
[2016-12-15 18:34:05] tech.coin : Anyone knows how and where to scalp bitcoin?
[2016-12-15 18:37:17] rapidtrades : getting flashbacks? @sleger
[2016-12-15 18:37:31] sleger : ?
[2016-12-15 18:40:04] rapidtrades : sleger: from ur ZEC short?
[2016-12-15 18:40:19] sleger : ohh ok
[2016-12-15 18:40:29] tech.coin : I always ask myself how very short term traders, not to talk of high frequency even, can make profit with all that fees that apply?
[2016-12-15 18:40:33] sleger : it's the past
[2016-12-15 18:40:56] sleger : tech.coin: luck
[2016-12-15 18:42:00] rapidtrades : tech.coin: in stocks u get paid for limits, like u do here
[2016-12-15 18:42:06] tech.coin : I mean, there is 0.2 % fees plus spread, how can you make a profit in minutes or even seconds?
[2016-12-15 18:43:48] mjones : you wait for large movement
[2016-12-15 18:44:18] tech.coin : rapidtrades: thanx rapidtrades, do you know if theres some documentation here on this?
[2016-12-15 18:44:43] rapidtrades : yes here it is > place limit, get paid 0.35% if executed
[2016-12-15 18:44:57] rapidtrades : sry 0.035%
[2016-12-15 18:45:05] tech.coin : mjones: true. but that will include some risky money management tricks to survive longer ranges...
[2016-12-15 18:45:54] rapidtrades : 90% of what HFTs do is market making
[2016-12-15 18:46:31] tech.coin : rapidtrades: great thanks. so no 0,2% position opening fee but 0,035% profit by just getting filled?
[2016-12-15 18:47:06] rapidtrades : tech.coin: yes here u pay 0.07% for taking liquidity and 0.035% for providing
[2016-12-15 18:49:07] tech.coin : https://www.bitmex.com/app/fees ?
[2016-12-15 18:49:56] rapidtrades : yes that's it
[2016-12-15 18:50:22] rapidtrades : wait a min...when did the rebate fall to 2.5? it was 3.5
[2016-12-15 18:51:13] rapidtrades : wtf bitmex?
[2016-12-15 18:51:49] rapidtrades : fees are now almost double of okc and thats' with 1 limit filled
[2016-12-15 18:51:52] BitMEX_Greg : It's never been 3.5bps, its always been 2.5bps
[2016-12-15 18:51:58] rapidtrades : nope
[2016-12-15 18:52:23] BitMEX_Greg : 7.5/2.5
[2016-12-15 18:52:25] rapidtrades : sleger: back me up
[2016-12-15 18:53:01] tech.coin : Hi @BitMEX_Greg ! Whats long funding/short funding ?
[2016-12-15 18:53:24] BitMEX_Greg : tech.coin: Hi, this is the interest rate paid between long holders and the short holders of the XBTUSD swap product.
[2016-12-15 18:53:42] BitMEX_Greg : You can read more here: https://www.bitmex.com/app/swapsGuide#Mechanics-of-a-Swap-Market
[2016-12-15 18:53:50] tech.coin : Oh, I see. Thanx.
[2016-12-15 18:54:38] tech.coin : BitMEX_Greg: Is there a possibility to replicate a binary option on this platform?
[2016-12-15 18:56:19] BitMEX_Greg : tech.coin: You would need to delta hedge consistently I think
[2016-12-15 18:57:07] rapidtrades : wtf.....it was 3.5 before
[2016-12-15 18:57:34] BitMEX_Greg : Before my time perhaps?
[2016-12-15 18:58:16] rapidtrades : i think so?
[2016-12-15 18:58:29] rapidtrades : sleger: yes or no?
[2016-12-15 18:59:31] rapidtrades : Rado: help
[2016-12-15 19:06:54] BitMEX_Greg : It's been 7.5/2.5 for at least a year. Before that I think it was something and 0, but I don't ever remember the rebate being 3.5bps
[2016-12-15 19:07:43] tech.coin : https://www.kraken.com/help/fees how is it possible ??
[2016-12-15 19:10:01] rapidtrades : this is a futures exchange
[2016-12-15 19:10:29] rapidtrades : we're just trading paper here
[2016-12-15 19:11:03] tech.coin : sure. but profit/loss is the same, isnt it?
[2016-12-15 19:11:36] tech.coin : with XBTUSD
[2016-12-15 19:12:07] tech.coin : via kaiko
[2016-12-15 19:12:08] BitMEX_Greg : tech.coin: Unsure of your question. XBTUSD here is a different product to XBTUSD on Kraken
[2016-12-15 19:12:57] tech.coin : My question actually is now, what do you mean by "rebate" (fees)?
[2016-12-15 19:13:14] BitMEX_Greg : rebate means that you earn the fee back
[2016-12-15 19:13:20] RocketScience : as a market maker
[2016-12-15 19:13:28] BitMEX_Greg : So if you submit passive orders as a maker, then you earn 2.5bps on every executed trade
[2016-12-15 19:14:45] RocketScience : Any good technical analysis for bitcoin?
[2016-12-15 19:14:54] tech.coin : So I just earn that percentage, because a rebate would be deducted from some other fee?
[2016-12-15 19:15:25] BitMEX_Greg : tech.coin: Yes you earn it. We reward people for providing liquidity