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

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

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

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[2016-12-27 08:17:53] wellerchang : i was about $1 away from liquidation before
[2016-12-27 08:17:58] wellerchang : praise satoshi
[2016-12-27 08:18:07] imapotato : http://www.zerohedge.com/news/2016-12-26/commodity-futures-plunge-following-china-growth-downgrade
[2016-12-27 08:18:08] narnarfromnarnia : wellerchang: got a good trade at 100x?
[2016-12-27 08:18:17] shery : so that was a trap
[2016-12-27 08:18:43] ABHI7991 : 920
[2016-12-27 08:18:59] shery : ABHI7991: gir rha hy huobi dykho bha
[2016-12-27 08:19:39] imapotato : Do 100x long when finex is 920.01+
[2016-12-27 08:19:40] mjones : Btc where you going
[2016-12-27 08:19:54] narnarfromnarnia : imapotato: 930
[2016-12-27 08:19:56] m3s : imapotato: why is this so important. why 920+ and why finex
[2016-12-27 08:20:06] narnarfromnarnia : dumpage
[2016-12-27 08:20:22] mjones : Shery right now is a trap
[2016-12-27 08:20:32] wellerchang : ITS ALWAYS A TRAP
[2016-12-27 08:20:40] narnarfromnarnia : not even a trip top
[2016-12-27 08:20:42] imapotato : Because finex is the western exchange that matters and eastern exchanges are too wild with no fees
[2016-12-27 08:20:51] imapotato : 920.01 will be rally high on finex
[2016-12-27 08:21:02] ett1 : say i had 50% long in z16 and 50% long in h17
[2016-12-27 08:21:10] shery : narnarfromnarnia: Dont think so, strong pumps doesnt have charts like this
[2016-12-27 08:21:15] ett1 : would my liq be higher than if i had 100% in a single contract
[2016-12-27 08:21:27] narnarfromnarnia : shery: charts?
[2016-12-27 08:21:29] narnarfromnarnia : share pls
[2016-12-27 08:21:30] paniktrade : finex is just the dump spot for USD after the chinese exchange their CNY
[2016-12-27 08:21:35] ett1 : vs 50% in decenber & 50% in march
[2016-12-27 08:21:36] narnarfromnarnia : you have some drawn out points here?
[2016-12-27 08:21:45] shery : narnarfromnarnia: watch huobi 15m you will get everything
[2016-12-27 08:22:03] imapotato : I might go to sleep and just wake up for the 950+
[2016-12-27 08:22:09] narnarfromnarnia : but what about here on something like bitcoinwisdom?
[2016-12-27 08:22:23] ABHI7991 : shery: bhai chinese me likha aa raha h waha sab
[2016-12-27 08:22:47] imapotato : ABHI7991: wat
[2016-12-27 08:22:52] shery : ABHI7991: bitcoin wisom kholo, wahan sy houbi click karo
[2016-12-27 08:23:09] shery : ABHI7991: bitcoinwisdom . com
[2016-12-27 08:23:38] imapotato : Goodnight wake me at 920 to 100x through 950
[2016-12-27 08:23:43] ABHI7991 : shery: houbi follow karta hai kya bitmex?
[2016-12-27 08:24:23] shery : ABHI7991: yeah pooore dunya
[2016-12-27 08:25:04] wellerchang : trading bitcoin gives me horrible anxiety
[2016-12-27 08:25:46] ett1 : trade longer term
[2016-12-27 08:25:57] ett1 : like sweaty palms? lol
[2016-12-27 08:26:22] wellerchang : like please i need a xanax before my heart explodes
[2016-12-27 08:26:43] l3f : wellerchang: so does gambling
[2016-12-27 08:26:53] wurstgelee : wellerchang: lower your leverage and your position size
[2016-12-27 08:26:57] wurstgelee : youre in to deep
[2016-12-27 08:27:00] wurstgelee : that simple
[2016-12-27 08:27:04] wurstgelee : *too
[2016-12-27 08:27:11] ett1 : i feel like im in a high stake poker game thats been going on for days
[2016-12-27 08:27:29] ett1 : buy i love it
[2016-12-27 08:27:53] wurstgelee : if you cant sleep in a position (peacefully), you are doing it wrong :)
[2016-12-27 08:27:57] wellerchang : im going to have a panic attack and die
[2016-12-27 08:28:05] ett1 : lol
[2016-12-27 08:28:26] ett1 : risk whatever you can afford to lose max
[2016-12-27 08:28:28] immackay : 'just go long, it doesnt matter where" - wellerchang 22min ago
[2016-12-27 08:28:29] narnarfromnarnia : xanax no good
[2016-12-27 08:28:41] ett1 : sounds like a slippery slope
[2016-12-27 08:28:41] immackay : remember kids
[2016-12-27 08:28:41] narnarfromnarnia : dementia
[2016-12-27 08:28:45] immackay : bitcoin doesn't retrace
[2016-12-27 08:28:49] narnarfromnarnia : immackay: lol
[2016-12-27 08:28:58] narnarfromnarnia : last 920 it dump'd har
[2016-12-27 08:29:05] narnarfromnarnia : i was pumped last time then too
[2016-12-27 08:29:06] narnarfromnarnia : 40x
[2016-12-27 08:29:11] narnarfromnarnia : 50x i mean
[2016-12-27 08:29:14] narnarfromnarnia : 40btc
[2016-12-27 08:29:17] narnarfromnarnia : ready for it
[2016-12-27 08:29:28] narnarfromnarnia : i never sell or cancel my trade i need to learn stop loss
[2016-12-27 08:29:30] ett1 : narnarfromnarnia: you need amphetiamines if you want a proper edge over the bots
[2016-12-27 08:29:31] wellerchang : if it goes up anymore, the next mega-rekt announcement is probably me
[2016-12-27 08:29:36] narnarfromnarnia : lol
[2016-12-27 08:29:39] aethlios : https://www.tradingview.com/x/ms6RDjWz/ time for leg 2 approaching???
[2016-12-27 08:29:39] paniktrade : lolol
[2016-12-27 08:29:43] narnarfromnarnia : wellerchang: lol
[2016-12-27 08:29:51] narnarfromnarnia : wellerchang: you went short?
[2016-12-27 08:30:04] wellerchang : i have been short for way too long
[2016-12-27 08:30:24] wellerchang : days
[2016-12-27 08:30:54] narnarfromnarnia : aethlios: are you in a position now?
[2016-12-27 08:31:13] narnarfromnarnia : i can wait for 930 on finex to be for sure
[2016-12-27 08:31:25] narnarfromnarnia : then this time just going 10x long and sleeping easy
[2016-12-27 08:31:53] wellerchang : its gonna go up just that one little bit more
[2016-12-27 08:31:55] wellerchang : just to get me
[2016-12-27 08:32:11] wellerchang : its how it works
[2016-12-27 08:32:11] aethlios : narnarfromnarnia: I am in a long position from 575, but also trade the spread between swap and quarterly and receive funding from a hedged short in swap.
[2016-12-27 08:32:49] ett1 : ye im gonna do that
[2016-12-27 08:32:53] aethlios : I will get out when spot 1150 but sell the quarterly to earn 100 usd more from spread.
[2016-12-27 08:33:06] narnarfromnarnia : aethlios: it would be nice to understand that after long at 575
[2016-12-27 08:33:12] ett1 : was dec the first futures contract?
[2016-12-27 08:33:27] narnarfromnarnia : how does the spread work?
[2016-12-27 08:33:27] ett1 : i want to see longer term spread
[2016-12-27 08:33:47] narnarfromnarnia : hedged short means just payments only?
[2016-12-27 08:33:56] ett1 : whats high. 8%...10%...20%?
[2016-12-27 08:33:58] narnarfromnarnia : so just funding
[2016-12-27 08:34:09] mjones : Yes ett December was
[2016-12-27 08:34:46] narnarfromnarnia : aethlios: do you have those same fibs on finex?
[2016-12-27 08:34:49] narnarfromnarnia : for tv
[2016-12-27 08:35:07] aethlios : https://www.tradingview.com/x/hFXKZoiv/ I am posting bullisg charts two months now
[2016-12-27 08:35:21] elmorte : There have been futures contracts for as long as I can remember...
[2016-12-27 08:35:40] elmorte : BitMEX started as a futures only exchange AFAIK
[2016-12-27 08:35:54] elmorte : Swap is a relatively recent addition
[2016-12-27 08:36:09] elmorte : replaced the daily futures
[2016-12-27 08:36:28] bagofmoes : aethlios: nice chart
[2016-12-27 08:37:15] aethlios : https://www.tradingview.com/x/QAt7ES1s/ that was my basic chart when we were still 760.
[2016-12-27 08:38:28] aethlios : 1175, previous ATH will be tested 3 times at least. (theory at least says that)
[2016-12-27 08:45:46] rms : i'm thinking the real leg up is when the us banks open after their holiday and start processing wires
[2016-12-27 08:45:59] rms : as early as 7:00AM new york time?
[2016-12-27 08:46:12] Tr : rms its a myth
[2016-12-27 08:48:10] wellerchang : I LIVE.....for now
[2016-12-27 08:48:17] wellerchang : PRAISE SATOSHI
[2016-12-27 08:48:33] Tr : it this penta top?
[2016-12-27 08:48:35] wellerchang : we meet again 6500
[2016-12-27 08:49:08] wellerchang : you disrespected my family name, 6500
[2016-12-27 08:49:16] immackay : wellerchang: you short?
[2016-12-27 08:49:42] happy : narnarfromnarnia: do you ever sleep?
[2016-12-27 08:49:58] narnarfromnarnia : ya
[2016-12-27 08:50:03] wellerchang : i am short
[2016-12-27 08:50:12] narnarfromnarnia : wellerchang: what is liq price?
[2016-12-27 08:50:24] wellerchang : secret P)
[2016-12-27 08:50:44] narnarfromnarnia : what is break even to get out of trade?
[2016-12-27 08:50:56] wellerchang : too far away
[2016-12-27 08:51:00] narnarfromnarnia : 900 lol
[2016-12-27 08:51:04] narnarfromnarnia : oh
[2016-12-27 08:51:12] narnarfromnarnia : sorry i know the feels
[2016-12-27 08:51:37] ett1 : narnarfromnarnia: breakeven id the entry price
[2016-12-27 08:51:51] narnarfromnarnia : ya what entry?
[2016-12-27 08:52:00] narnarfromnarnia : well you need a little better with fees
[2016-12-27 08:52:13] ett1 : it says, in the positions table
[2016-12-27 08:52:17] narnarfromnarnia : here
[2016-12-27 08:52:18] narnarfromnarnia : https://www.tradingview.com/x/XR5GDiOM/
[2016-12-27 08:52:22] ett1 : Entry price is breakeven
[2016-12-27 08:52:25] narnarfromnarnia : maybe this helps your nerves
[2016-12-27 08:52:32] ett1 : liquidation price is where you go bankrupt
[2016-12-27 08:53:37] narnarfromnarnia : ya i have like 3 bk emails in 48hrs
[2016-12-27 08:53:51] narnarfromnarnia : but i had a few really good trades so im not givin up
[2016-12-27 08:53:56] narnarfromnarnia : now getting smarter
[2016-12-27 08:54:41] narnarfromnarnia : if this breaks 925 we could see 950 easy so ill wait for 930
[2016-12-27 09:01:14] ABHI7991 : no movement at all
[2016-12-27 09:02:53] narnarfromnarnia : shery: so you basically just watch huobi 15m and trade here?
[2016-12-27 09:04:27] shery : narnarfromnarnia: Only when its in bullish nature, becouse at times it fluctuates 5-10 $ in matter of 5 mints, so trade with profit in quick time is better than everything
[2016-12-27 09:04:54] narnarfromnarnia : ya
[2016-12-27 09:05:30] shery : narnarfromnarnia: but it is quite unpredictable in last few days , made a few wrog trades
[2016-12-27 09:05:49] narnarfromnarnia : shery: but normally it is?
[2016-12-27 09:06:18] shery : I guess it wll be quite low when funding is near so shorting right now would be a good ide , for a quick profit
[2016-12-27 09:06:34] narnarfromnarnia : shery: in 3hr?
[2016-12-27 09:06:54] narnarfromnarnia : funding?
[2016-12-27 09:07:01] narnarfromnarnia : timer at the top.
[2016-12-27 09:07:29] shery : narnarfromnarnia: I will wait more for an hour entering in a spike, but seems like bitcoin will be quite for a while and will touch lower levels for a while. like 907
[2016-12-27 09:07:32] bernx : god, tons of short
[2016-12-27 09:07:40] bernx : just shorts everywhere
[2016-12-27 09:08:03] wellerchang : how can you see that
[2016-12-27 09:08:06] bernx : there will be short cascade
[2016-12-27 09:08:17] bernx : http://www.bitcoinity.org/markets/btcchina/CNY
[2016-12-27 09:08:40] shery : narnarfromnarnia: it was 9 $ below market at time of funding yesterday and funding is quite high today too
[2016-12-27 09:08:58] narnarfromnarnia : shery: okay where do you see that info
[2016-12-27 09:09:00] narnarfromnarnia : interesting
[2016-12-27 09:09:24] shery : narnarfromnarnia: I m acive mostly watching price differences , every time lol
[2016-12-27 09:10:32] narnarfromnarnia : bernx: thats a wall
[2016-12-27 09:11:10] shery : narnarfromnarnia: if market isnt bullish today we might slide down today too, towards 905 levels
[2016-12-27 09:11:53] narnarfromnarnia : almost have to stay awake now to see how we open
[2016-12-27 09:12:04] narnarfromnarnia : or whats best for alarms
[2016-12-27 09:15:28] narnarfromnarnia : shery: i think it will be bullish
[2016-12-27 09:17:21] narnarfromnarnia : maybe another run up again
[2016-12-27 09:17:24] narnarfromnarnia : huobi 15m
[2016-12-27 09:17:27] narnarfromnarnia : inching up
[2016-12-27 09:18:14] shery : narnarfromnarnia: i am out for now, i would love a pump towards 660+
[2016-12-27 09:18:33] narnarfromnarnia : 960
[2016-12-27 09:18:43] narnarfromnarnia : but i think 930 would be clear up
[2016-12-27 09:18:44] narnarfromnarnia : on finex
[2016-12-27 09:18:50] narnarfromnarnia : oh 6600
[2016-12-27 09:18:58] narnarfromnarnia : ya
[2016-12-27 09:19:11] narnarfromnarnia : but what will be the top i wonder
[2016-12-27 09:19:30] shery : narnarfromnarnia: i feel 1020-1050 we will reverse
[2016-12-27 09:19:38] narnarfromnarnia : wow
[2016-12-27 09:19:48] narnarfromnarnia : so it will be bigger swings at higher amounts
[2016-12-27 09:20:06] narnarfromnarnia : next all time high will be double last?
[2016-12-27 09:20:10] shery : narnarfromnarnia: it will be mega volitility at 1k
[2016-12-27 09:20:18] narnarfromnarnia : oh boy
[2016-12-27 09:20:34] shery : narnarfromnarnia: may be moving 20 4 in 5 mints lol
[2016-12-27 09:20:48] shery : narnarfromnarnia: 6532
[2016-12-27 09:20:55] narnarfromnarnia : we need a bot or trigger for orders
[2016-12-27 09:21:05] narnarfromnarnia : can we set a buy limit here
[2016-12-27 09:22:30] immackay : narnarfromnarnia: yes
[2016-12-27 09:22:45] immackay : you mean buying at a certain price?
[2016-12-27 09:22:50] immackay : switch to the limit order
[2016-12-27 09:22:52] narnarfromnarnia : buy order at 935 if hits while sleeping
[2016-12-27 09:22:59] narnarfromnarnia : i will be asleep when market opens
[2016-12-27 09:23:00] immackay : ahhh
[2016-12-27 09:23:11] immackay : trailing sto
[2016-12-27 09:23:14] immackay : trailing stop
[2016-12-27 09:23:27] happy : stop market
[2016-12-27 09:23:34] immackay : or yeah stop market
[2016-12-27 09:23:56] micmix : look like hidden sell @912.50 is over 100k
[2016-12-27 09:23:59] happy : if you buy limit at 935, your order will be filled with current sell offer
[2016-12-27 09:24:34] narnarfromnarnia : if we break through 6600 where is next?
[2016-12-27 09:24:36] narnarfromnarnia : 1k right away?
[2016-12-27 09:24:42] narnarfromnarnia : 1k dream
[2016-12-27 09:24:43] happy : hidden sell ?
[2016-12-27 09:24:53] narnarfromnarnia : no hidden
[2016-12-27 09:24:59] narnarfromnarnia : people can see my small amount lol
[2016-12-27 09:25:15] narnarfromnarnia : i have no position now but if we hit 940
[2016-12-27 09:25:19] narnarfromnarnia : i wanna buy triggered
[2016-12-27 09:25:28] narnarfromnarnia : contract open at 940
[2016-12-27 09:25:32] narnarfromnarnia : clear upward
[2016-12-27 09:25:56] micmix : there is a hidden sell wall @ 912.50
[2016-12-27 09:25:59] aethlios : this is a warm up for the epic bull market after we clear 1175 previous ATH, btc market cap already in new ATH.
[2016-12-27 09:26:34] l3f : might retrace first
[2016-12-27 09:26:57] l3f : since we aren't in pump mode
[2016-12-27 09:27:11] halloz : We're going up....
[2016-12-27 09:27:25] l3f : we've been going up for two years now
[2016-12-27 09:27:47] rapidtrades : yeah this is getting silly
[2016-12-27 09:27:51] halloz : and that's going to suddenly change tonight?
[2016-12-27 09:27:58] ett1 : cointinuation more likely than change
[2016-12-27 09:28:31] ett1 : rapidtrades: was $1 to $30 silly?
[2016-12-27 09:28:39] ett1 : $30 to $250?
[2016-12-27 09:28:49] ett1 : 250-1200
[2016-12-27 09:29:38] micmix : not silly at all, everyone should go long 50x-100x
[2016-12-27 09:29:46] narnarfromnarnia : lol
[2016-12-27 09:30:54] micmix : funding is not at cap, we need more longers
[2016-12-27 09:30:56] ett1 : if 100x long bitcoin is silly, then i don't want to be sane
[2016-12-27 09:32:23] l3f : if gamblign doesn't make rich, then I don't want to be
[2016-12-27 09:33:20] ett1 : im not on 100x, but it can be a precision tool
[2016-12-27 09:34:46] narnarfromnarnia : xbt17 got to 1k almost
[2016-12-27 09:34:56] narnarfromnarnia : so that just means we're headed there right?
[2016-12-27 09:35:54] ett1 : no, xbt17 will always be above spot (unless some extreme circumstances) but converge to it by expiry date
[2016-12-27 09:36:10] ett1 : like z16 is now
[2016-12-27 09:36:25] ett1 : doesnt mean BTC will be above $1000 by then
[2016-12-27 09:36:51] immackay : rapidtrades: how's your night goign
[2016-12-27 09:37:01] immackay : ett1: what you up to
[2016-12-27 09:37:06] l3f : micmix: are you hedged and enjoying that sweet sweet interest?
[2016-12-27 09:37:21] ett1 : immackay: calmly watching this rise
[2016-12-27 09:37:25] micmix : l3f: yeah, funding is nice
[2016-12-27 09:37:28] ett1 : i want to see above 940
[2016-12-27 09:37:29] narnarfromnarnia : aethlios: so you hedge a 1x short to maintain solid equity so basically no liq price but leveraged?
[2016-12-27 09:37:34] narnarfromnarnia : is that right?
[2016-12-27 09:38:03] narnarfromnarnia : also shorts get paid that funding rate
[2016-12-27 09:38:11] ett1 : would have like to get during the last dip, but was too leveraged. dont want to bring up liq
[2016-12-27 09:39:19] aethlios : narnarfromnarnia: yes you can do that, but if you want leverage (more profit) you can go long quarterly and sell swap. if bull trand starts you gain from the widening of the spread and also start receiving funding fees.
[2016-12-27 09:40:19] aethlios : but need to get out early before correction happens. before spread shrinks.
[2016-12-27 09:40:38] ett1 : aethlios: instead of being long 10k h17
[2016-12-27 09:40:53] ett1 : why not long 15k h17 short 5k swaps
[2016-12-27 09:41:02] ett1 : what am i missing. free money?
[2016-12-27 09:41:07] narnarfromnarnia : quarterly is better than perpetual?
[2016-12-27 09:41:46] aethlios : there is no better, different products.
[2016-12-27 09:42:09] micmix : ett1: you're missing $75 premium on h17
[2016-12-27 09:42:16] aethlios : if you buy now quarterly and we dump to 800 you risk to pay 50 usd premium
[2016-12-27 09:42:33] micmix : *$65
[2016-12-27 09:43:11] aethlios : but if we go to 1200 and be long swap you risk to pay much funding. so depends from your perspective for the market what strategy and products you choose
[2016-12-27 09:43:55] micmix : everyone know we are going to 10k. go long everything, you can't lose
[2016-12-27 09:43:56] aethlios : micmix: some premium will still exist because of 3 month time value, so from 65 will shrink to 15
[2016-12-27 09:44:37] ett1 : aethlios: could we not have a bull move but spreads tighten
[2016-12-27 09:44:45] micmix : aethlios: premium on h17 can turn negative when big liquidations come, not enough liquidity
[2016-12-27 09:44:46] ett1 : i feel its a bit high, but dont have much history
[2016-12-27 09:44:51] j8 : funding can go negative, quarterly premium can go negative. all these expectations are only because we're in a bull market for a year and a half and we're used to it
[2016-12-27 09:44:58] ett1 : micmix: +1
[2016-12-27 09:45:07] ett1 : im trying to buy when a better spread
[2016-12-27 09:45:15] micmix : j8: exactly
[2016-12-27 09:45:20] ett1 : can tell if its trending up or going to revert to mena
[2016-12-27 09:46:49] micmix : the only guaranteed trade is short h17 long spot
[2016-12-27 09:47:15] aethlios : 30 march contract is the expected spot price of btc in 30 march, so since we are in a bull market traders trade this expected price in a premium, if we were in a bear market like 2014 there could be a small discount, or flat.
[2016-12-27 09:48:02] micmix : and praying for no adl ;-)
[2016-12-27 09:48:23] ett1 : what happens with ADL
[2016-12-27 09:48:34] ett1 : i heard i can just reenter
[2016-12-27 09:48:46] ett1 : but the market might have move away from me
[2016-12-27 09:48:50] micmix : you can't if there is no liquidity
[2016-12-27 09:49:20] ett1 : ok makes sense. the market could spike and you miss out
[2016-12-27 09:49:29] aethlios : micmix: you can be long spot short swap to collect funding while spread widens and jump to quarterly at the top, close swap and short quarterly to lock the spread which will shrink while the dump happens. also because of liquidations you can happily close short in nice price. Again all are based in you market expectations.
[2016-12-27 09:50:33] ett1 : thanks guys, i think ive fgot a grasp of things no
[2016-12-27 09:50:37] DangerandPlay : I don't understand Bitmex's Bitcoin 'futures' contract. I longed bitcoin around December 8, purchasing 14,000 contracts with 1.95 BTC. I'm leveraged x10 and it seems since then I've incurred almost 0.5 BTC in fees. In less than a month!!! Is this normal?
[2016-12-27 09:50:44] DangerandPlay : What's going on? Please someone explain
[2016-12-27 09:51:16] ett1 : DangerandPlay: perpetual swap, or futures?
[2016-12-27 09:51:23] ett1 : funding fees
[2016-12-27 09:51:52] DangerandPlay : Deposited 1.9 BTC on Dec 8. I believe it's actually a perpetual swap. I now have available wallet balance of 1.47 BTC. This seems excessive.
[2016-12-27 09:52:13] immackay : DangerandPlay: yeah, perpetual swap has funding fees
[2016-12-27 09:52:17] DangerandPlay : 0.43 BTC in fees in less than 20 days.
[2016-12-27 09:52:34] elmorte : DangerandPlay: what's your pforit like?
[2016-12-27 09:52:37] DangerandPlay : I knew that but didn't realise it was so much! Seems no advantage in it at all!
[2016-12-27 09:52:43] immackay : DangerandPlay: https://www.bitmex.com/app/swapsGuide#funding
[2016-12-27 09:52:44] DangerandPlay : I'm at 2.7875 profit.
[2016-12-27 09:52:50] aethlios : DangerandPlay: what is your unrealized PNL + margin??
[2016-12-27 09:53:02] immackay : so what are you complaining about?
[2016-12-27 09:53:04] elmorte : Then I'd suck it up.
[2016-12-27 09:53:36] aethlios : DangerandPlay: you should buy the quarterly, wouldn't pay anything.
[2016-12-27 09:53:41] DangerandPlay : using cross, 70% margin used, 3.61 x leverage. 2.788 profit. I'm whinging because it seems it would have been better to just get a futures contract.
[2016-12-27 09:53:49] DangerandPlay : :(
[2016-12-27 09:53:54] DangerandPlay : nothing I can do now, I suppose
[2016-12-27 09:54:00] elmorte : You're paying funding to shorts who are providing your leveraged BTC
[2016-12-27 09:54:16] micmix : DangerandPlay: yes, swap funding is quite high during bull run
[2016-12-27 09:55:01] DangerandPlay : i am happy to be profiting and not complaining so much as wondering what i should do....
[2016-12-27 09:55:03] aethlios : DangerandPlay: reduce leverage while we pump and get out.
[2016-12-27 09:55:04] l3f : time to short lol
[2016-12-27 09:55:32] DangerandPlay : I think this pump is going to continue for some time....
[2016-12-27 09:56:10] elmorte : Then come back in another 3 weeks :)
[2016-12-27 09:56:15] micmix : DangerandPlay: funding during bull run is around 0.4-0.5% per day, quarterly futures are usually better for longer time frames
[2016-12-27 09:56:18] DangerandPlay : aethlios: close position and then purchase traditional futures (if that's the way I think the market's gonna go)
[2016-12-27 09:56:20] elmorte : and make it rain
[2016-12-27 09:56:21] windoze : DangerandPlay: you are best going long on XBTH17
[2016-12-27 09:56:31] ett1 : if i had 5k in swaps & 5k in futures (cross margin)
[2016-12-27 09:56:41] ett1 : would my liq price be closer
[2016-12-27 09:56:49] elmorte : No
[2016-12-27 09:56:53] ett1 : than if i had 10k in single
[2016-12-27 09:56:56] ett1 : ok cool
[2016-12-27 09:57:25] ett1 : i was worried about that, if im rolling from one into the other
[2016-12-27 09:57:33] elmorte : There used to be this weekly rebalance thing....but they took it away
[2016-12-27 09:57:48] ett1 : that sucked.
[2016-12-27 09:57:50] aethlios : DangerandPlay: futures have no funding but have a hidden funding which is premium, now is 7.44% for 93 days, if you are lucky can profit from that but could pay much if a dump begins.
[2016-12-27 09:58:14] ett1 : not the rebalancing aspect, but how you had to rollover each week
[2016-12-27 09:58:22] ett1 : monthly rollover would be better
[2016-12-27 09:58:32] DangerandPlay : so maybe I should just suck these fees up with the perpetual swap....
[2016-12-27 09:58:57] ett1 : expiry would come then the market would run away from you as you just wanted to reenter at breakeven
[2016-12-27 09:59:11] elmorte : ett1: you didn't have to rollover unless it was expiring that Friday
[2016-12-27 09:59:25] elmorte : They would just take your UPNL and put it into RPNL
[2016-12-27 09:59:33] ett1 : ye im a long term trading. weekly was too frequent
[2016-12-27 10:00:00] aethlios : DangerandPlay: because you are leverage a lot get out when we break 1000, sell 1020-1030. it's a good profit, your entry price goes every day higher because of funding. Wait for a correction below 900 and get back in but ro the quarterly.
[2016-12-27 10:00:10] elmorte : so if you were green and red, that would balance it out and decrease your liqd chances
[2016-12-27 10:00:10] ett1 : aethlios: ye i think its high. was at 5%. i think when the next dump comes it could be as low as 4%
[2016-12-27 10:00:23] DangerandPlay : sound advice.
[2016-12-27 10:00:23] ett1 : a -3% could be like 60pts difference
[2016-12-27 10:00:28] DangerandPlay : thanks, aethlios
[2016-12-27 10:00:36] micmix : DangerandPlay: if you think it's going much higher tahn $1000, exit swap and buy futures
[2016-12-27 10:00:57] ett1 : but i dont mind 7% for my long term holding vs the funding fees
[2016-12-27 10:01:11] ett1 : just think the spread will revert back down so nows a bad time to buy
[2016-12-27 10:01:55] ett1 : i think perps are less likely to spike. less volatile so my liq could be safer
[2016-12-27 10:01:56] DangerandPlay : micmix: both of these options make a lot of sense
[2016-12-27 10:02:38] aethlios : 8 dec was 765 price, he has a 10x leverage, you made a decent trade, start unleveraging as we go up.
[2016-12-27 10:03:30] micmix : agree, you should realize some of your profits @DangerandPlay
[2016-12-27 10:03:34] ett1 : aethlios: i think ill unleverage next time it peaks and try and buy back lower/when spread falls
[2016-12-27 10:03:46] ett1 : not during the run up when its high
[2016-12-27 10:03:57] ett1 : and i might exit-enter higher
[2016-12-27 10:04:36] ett1 : i think it will move more than 0.1688% short term so better to pay the fee this session perhap
[2016-12-27 10:08:54] aethlios : we need an options market now to make more complex strategies with options and futures!!! Bitmex do your best and initiate an options market for swap and usd quarterly as underlyings
[2016-12-27 10:08:59] ett1 : micmix: @aethlios could it be a good startegy just to wait for swaps to get deleveraged, if i intent to buy futures
[2016-12-27 10:09:13] ett1 : instead of trying to time it myself
[2016-12-27 10:10:21] ett1 : give me your long term out of the money calls
[2016-12-27 10:10:29] ett1 : ill trade you OTC!
[2016-12-27 10:10:58] narnarfromnarnia : ett1: what's otc?
[2016-12-27 10:11:14] ett1 : over the counter
[2016-12-27 10:11:19] ett1 : not exchage traded
[2016-12-27 10:11:57] ett1 : like you pick up the phone and make a deal with the other party. if a investment fund wanted to buy a big block from a miner for example
[2016-12-27 10:12:09] narnarfromnarnia : ya like big short
[2016-12-27 10:12:14] narnarfromnarnia : and the entire housing market
[2016-12-27 10:12:18] narnarfromnarnia : on the phone
[2016-12-27 10:13:57] aethlios : should have here an OTC with min. 100K contracts????
[2016-12-27 10:14:00] ett1 : stamp breaking out. above mex now
[2016-12-27 10:14:15] narnarfromnarnia : really?
[2016-12-27 10:14:27] ett1 : aethlios: thinking making a dark pool exchange
[2016-12-27 10:14:38] ett1 : hidden order book
[2016-12-27 10:14:55] ett1 : and minium size
[2016-12-27 10:15:19] ett1 : just different rules
[2016-12-27 10:16:05] aethlios : stamp finex want up.
[2016-12-27 10:17:39] ett1 : moon time
[2016-12-27 10:17:50] narnarfromnarnia : stamp buying
[2016-12-27 10:20:36] shery : wow stamp up this is crazy run
[2016-12-27 10:21:19] shery : but china doesnt
[2016-12-27 10:22:31] rms : some guy's money got to stamp finally and he started buying
[2016-12-27 10:23:20] shery : what was that bitmex
[2016-12-27 10:24:07] micmix : bigger short => more funding money
[2016-12-27 10:24:33] shery : micmix: like yesterday
[2016-12-27 10:24:36] narnarfromnarnia : shery: ya weird
[2016-12-27 10:25:07] shery : someone opening short like crazy
[2016-12-27 10:25:25] narnarfromnarnia : i wonder why
[2016-12-27 10:25:25] micmix : we will have 2 nice funding periods
[2016-12-27 10:25:59] narnarfromnarnia : someone will get rekt
[2016-12-27 10:26:17] shery : I told you , it will be way lower
[2016-12-27 10:26:27] narnarfromnarnia : shorting now?
[2016-12-27 10:26:36] shery : narnarfromnarnia: 912.50
[2016-12-27 10:26:49] micmix : no, people who collect funding are usually fully hedged
[2016-12-27 10:27:00] shery : this person is crazy lol
[2016-12-27 10:27:34] narnarfromnarnia : what is going on
[2016-12-27 10:29:28] shery : narnarfromnarnia: fundings efefct , as i told we will be at 8-10 $ behind than market enar funding
[2016-12-27 10:29:43] narnarfromnarnia : i see
[2016-12-27 10:31:00] narnarfromnarnia : 100k buy
[2016-12-27 10:31:15] shery : narnarfromnarnia: whale fight Lol
[2016-12-27 10:31:27] narnarfromnarnia : ya but he moves it
[2016-12-27 10:31:36] narnarfromnarnia : but usually when you see that we are $10 from bottom
[2016-12-27 10:31:50] shery : narnarfromnarnia: yeah
[2016-12-27 10:34:31] halloz : lol someone's bored
[2016-12-27 10:34:41] narnarfromnarnia : lol
[2016-12-27 10:35:57] narnarfromnarnia : crazy bots
[2016-12-27 10:42:45] Trebile : If I have an open position, is it possible to add a trailing stop to it later?
[2016-12-27 10:43:14] narnarfromnarnia : so i think buy 905
[2016-12-27 10:43:17] narnarfromnarnia : that 100k wall
[2016-12-27 10:43:23] narnarfromnarnia : or 900
[2016-12-27 10:43:32] narnarfromnarnia : same as my last trade 870
[2016-12-27 10:43:38] narnarfromnarnia : he had it there thought it was safe
[2016-12-27 10:43:41] narnarfromnarnia : never again
[2016-12-27 10:44:10] narnarfromnarnia : shery: probably a dip like you are saying then up strong?
[2016-12-27 10:45:49] shery : narnarfromnarnia: we might move up hard tommorow laike last week towards 830 + , for today we will just hover here and might watch a spike
[2016-12-27 10:45:57] Nerve : I don't think we will have a considerabile drop today... just LONG on !
[2016-12-27 10:46:02] shery : OMg order gtot filled
[2016-12-27 10:46:12] shery : 930+
[2016-12-27 10:46:16] narnarfromnarnia : shery: what happened?
[2016-12-27 10:46:37] shery : narnarfromnarnia: Tothing watch that order
[2016-12-27 10:46:45] Nerve : Who short 100k ????
[2016-12-27 10:46:57] shery : Nerve: somone wanna get fees
[2016-12-27 10:47:13] narnarfromnarnia : was long
[2016-12-27 10:47:15] narnarfromnarnia : or short wow
[2016-12-27 10:47:16] Nerve : Crazy people
[2016-12-27 10:47:18] shery : Nerve: It will be fun if we move up like 5 $ in this hour
[2016-12-27 10:47:37] narnarfromnarnia : big trade at this time
[2016-12-27 10:47:39] Nerve : We will...
[2016-12-27 10:47:39] narnarfromnarnia : another 100k
[2016-12-27 10:47:42] narnarfromnarnia : look
[2016-12-27 10:48:00] shery : narnarfromnarnia: somone is ready to pay fees Too lOl
[2016-12-27 10:48:15] narnarfromnarnia : so if you open right now you have to pay fees?
[2016-12-27 10:48:29] Nerve : The trend is up
[2016-12-27 10:48:31] narnarfromnarnia : see dec
[2016-12-27 10:48:32] narnarfromnarnia : 920
[2016-12-27 10:48:33] shery : narnarfromnarnia: yeah if you didnt closed before funding
[2016-12-27 10:48:34] narnarfromnarnia : already
[2016-12-27 10:48:41] narnarfromnarnia : when is funding?
[2016-12-27 10:48:49] narnarfromnarnia : 1:11
[2016-12-27 10:48:52] narnarfromnarnia : left?
[2016-12-27 10:48:58] shery : narnarfromnarnia: yeah
[2016-12-27 10:49:01] narnarfromnarnia : okay
[2016-12-27 10:49:08] narnarfromnarnia : so it is normal for a strong drop right about now
[2016-12-27 10:49:21] narnarfromnarnia : slight drop really but still
[2016-12-27 10:49:26] narnarfromnarnia : maybe 900 again?
[2016-12-27 10:49:45] narnarfromnarnia : i see but risky to short here
[2016-12-27 10:50:14] Nerve : Is not risky...is crazy @narnarfromnarnia
[2016-12-27 10:50:31] Nerve : lol
[2016-12-27 10:50:48] ABHI7991 : i shorted at 900 just now
[2016-12-27 10:51:05] ABHI7991 : liq price 924
[2016-12-27 10:51:14] halloz : ABHI7991: RIP
[2016-12-27 10:51:19] narnarfromnarnia : lol
[2016-12-27 10:51:24] l3f : Thanks sleger
[2016-12-27 10:51:28] Nerve : good for you, you'll get REKT soon
[2016-12-27 10:51:42] ABHI7991 : haha are u guys sure
[2016-12-27 10:51:44] narnarfromnarnia : ABHI7991: we are right at a point to buy
[2016-12-27 10:51:45] l3f : ABHI7991: prepare your anus
[2016-12-27 10:51:49] narnarfromnarnia : lol
[2016-12-27 10:52:02] narnarfromnarnia : the question is how good your buy will be
[2016-12-27 10:52:05] Nerve : LOL
[2016-12-27 10:52:08] shery : ABHI7991: you sgould have aksed for suggestion before opening
[2016-12-27 10:52:08] narnarfromnarnia : because when you see those big walls
[2016-12-27 10:52:09] ett1 : pjur is the best remember
[2016-12-27 10:52:24] narnarfromnarnia : its going just a bit lower and then bouncing imo
[2016-12-27 10:52:39] narnarfromnarnia : i think i will set buy at 905
[2016-12-27 10:52:44] narnarfromnarnia : what you guys think?
[2016-12-27 10:52:53] ABHI7991 : lets see whose predicition would be right
[2016-12-27 10:53:01] ABHI7991 : narnarfromnarnia: 900 bro
[2016-12-27 10:53:04] Nerve : A lot of new people get in to trade here....thats Good, right ???
[2016-12-27 10:53:21] narnarfromnarnia : ya
[2016-12-27 10:53:30] ett1 : ye. the smart ones
[2016-12-27 10:53:37] narnarfromnarnia : and dumb ones like me
[2016-12-27 10:53:39] Nerve : LOL
[2016-12-27 10:53:40] micmix : my prediction: in 1-2 month 75% of new people who came here will be broke
[2016-12-27 10:53:42] ett1 : that know its a good time to boroow as much as they can
[2016-12-27 10:53:58] l3f : I'
[2016-12-27 10:54:00] narnarfromnarnia : money just changing hands
[2016-12-27 10:54:03] narnarfromnarnia : probably same people
[2016-12-27 10:54:04] l3f : m the most retarded and I'm still here
[2016-12-27 10:54:13] Nerve : micmix: thats a good precision
[2016-12-27 10:54:13] l3f : the fact that I make a profit
[2016-12-27 10:54:15] l3f : is absounding
[2016-12-27 10:54:26] l3f : since I just buy and hold
[2016-12-27 10:54:27] ett1 : the smart money comes to bitmex because it knows where to find the highest leverage
[2016-12-27 10:54:28] Nerve : @prediction
[2016-12-27 10:54:38] narnarfromnarnia : ya i got lucky won 1btc a trade a couple times thought i was pro
[2016-12-27 10:54:43] narnarfromnarnia : now im trading so small
[2016-12-27 10:55:14] ABHI7991 : haha i am playing with 10 dollors
[2016-12-27 10:56:17] halloz : MEGA-REKT
[2016-12-27 10:56:34] micmix : with 100x leverage you can double your money twice a day, so in 10 days you will have a million
[2016-12-27 10:56:49] shery : micmix: lol
[2016-12-27 10:57:37] happy : What if you made one mistake, such as down 100%. Lol
[2016-12-27 10:58:11] narnarfromnarnia : ABHI7991: oh that's good
[2016-12-27 10:58:13] micmix : double or nothing, you just have to be right 20 times in a row. easy-peasy
[2016-12-27 10:58:18] Nerve : micmix: wooooww !! Let's everybody get RICH !!!!!
[2016-12-27 10:58:21] Nerve : LOL
[2016-12-27 10:58:40] Nerve : 100x is the TIP
[2016-12-27 10:58:43] narnarfromnarnia : micmix: reminds me of when group of us won in craps like 33 rolls
[2016-12-27 10:58:58] narnarfromnarnia : $150 or something into 3300 for like all of us on the table
[2016-12-27 10:59:13] micmix : did you stop or did you lose everything on 34?
[2016-12-27 10:59:26] narnarfromnarnia : we pressed a lot but kept profits
[2016-12-27 10:59:33] narnarfromnarnia : basically turned 25 chips into 100's
[2016-12-27 10:59:43] narnarfromnarnia : and kept what we won
[2016-12-27 10:59:49] narnarfromnarnia : and pressed em
[2016-12-27 11:00:04] narnarfromnarnia : had to check the dice on us
[2016-12-27 11:00:08] narnarfromnarnia : was a big deal
[2016-12-27 11:00:11] micmix : nice
[2016-12-27 11:00:29] ett1 : let it ride
[2016-12-27 11:01:11] ett1 : i was on a roll at poker once
[2016-12-27 11:01:25] ett1 : i was 18 but some dickhhead guy kept predicting my moves and calling them out
[2016-12-27 11:02:25] Nerve : Who can tell me a short resentation about XBTH17. How to play it ? I never did before
[2016-12-27 11:02:29] ett1 : he ended up taking me all in when he thought he had a strong hand but i cleaned up
[2016-12-27 11:02:32] ett1 : like $2k
[2016-12-27 11:02:40] ett1 : everyone was cheering me lol
[2016-12-27 11:02:41] narnarfromnarnia : shery: you seee that buy order 100k
[2016-12-27 11:02:43] narnarfromnarnia : https://www.tradingview.com/x/Eog4IADG/
[2016-12-27 11:02:55] narnarfromnarnia : it's exactly $5-7 above that triangle
[2016-12-27 11:03:10] narnarfromnarnia : like last time at 870 > 863
[2016-12-27 11:03:13] narnarfromnarnia : and i was margin called
[2016-12-27 11:03:31] narnarfromnarnia : so i think 903-904 is bottom here
[2016-12-27 11:03:37] narnarfromnarnia : maybe not though
[2016-12-27 11:04:09] shery : narnarfromnarnia: intersting
[2016-12-27 11:05:15] narnarfromnarnia : so whatever you do
[2016-12-27 11:05:17] aethlios : 100Κ whale when appears then market moves in favor of the whale.....
[2016-12-27 11:05:21] narnarfromnarnia : don't think to go 50x at this price lol
[2016-12-27 11:05:31] narnarfromnarnia : aethlios: ya
[2016-12-27 11:05:46] narnarfromnarnia : just set price about $5 below at least for buy at 25x
[2016-12-27 11:05:48] narnarfromnarnia : imo
[2016-12-27 11:06:09] narnarfromnarnia : aethlios: we're small traders trying to figure out a way, thanks for comment
[2016-12-27 11:06:30] narnarfromnarnia : aethlios: whale shorted and whale bought or was it the same person 2 acct?
[2016-12-27 11:06:51] narnarfromnarnia : this is where it will get you
[2016-12-27 11:07:03] narnarfromnarnia : you think it's going up now but it will drop again and lower for a short time