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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[2016-12-28 02:57:52] Ebit : MrRGnome: i did but the lev was too high so i just closed it. Will need to do more research
[2016-12-28 02:57:56] sleger : tuttyking: https://www.bitmex.com/app/swapsGuide
[2016-12-28 02:57:57] MrRGnome : tuttyking: funding rate is a tool used to encourage the trading price to match the mark price. Every 8 hours either longs or shorts pay the other up to 0.375% of their position
[2016-12-28 02:58:32] narnarfromnarnia : lot of shorts opened now?
[2016-12-28 02:58:36] narnarfromnarnia : how do we check that data
[2016-12-28 02:58:43] narnarfromnarnia : bfxdata says lot of sells open
[2016-12-28 02:58:45] narnarfromnarnia : uh oh
[2016-12-28 02:58:45] MrRGnome : If the price being traded is much higher than the mark price,t he funding rate wwill be positive and longs pay shorts
[2016-12-28 02:58:52] narnarfromnarnia : short squeeze up could happen
[2016-12-28 02:58:58] Ebit : how do futures work. Basically I place a position on it and it stays open until said date?
[2016-12-28 02:59:11] tuttyking : MrRGnome: @sleger thanks heaps
[2016-12-28 02:59:13] MrRGnome : Ebit: You got it
[2016-12-28 02:59:24] dodic : tuttyking: Notice the gap between the blue index line and the price. The swap is like a future that ends every 8 hours. At the end of the 8 hours the gap is used to make an incentive reward / punishment to make the price converge to the index
[2016-12-28 02:59:27] Ebit : MrRGnome: what determines that i get paid?
[2016-12-28 02:59:42] MrRGnome : Ebit: Difference in price betwwn your entry and exit points minus fees
[2016-12-28 02:59:47] MrRGnome : same as any otehr trade
[2016-12-28 03:00:08] happy : anyone short here?
[2016-12-28 03:00:09] Ebit : MrRGnome: why not just do a regular trade than?
[2016-12-28 03:00:15] Ebit : at ;east i can close it whenever i want
[2016-12-28 03:00:24] tuttyking : dodic: ahh kk ty
[2016-12-28 03:00:35] m3s : Ebit: funding
[2016-12-28 03:00:37] MrRGnome : Ebit: because futures don't have to pay funding,a nd they are an instrument which doesn't directly track spot so it can be used for arbitrage or other kinds of trading
[2016-12-28 03:01:29] dodic : and slowly, i move from total n00b to just regular n00b
[2016-12-28 03:01:44] Ebit : isn't arbitrage risky tho espeically with the high variance of the bitcoin market
[2016-12-28 03:02:21] dodic : There are no free lunches I suppose
[2016-12-28 03:02:30] halloz : *CHINA!!!*
[2016-12-28 03:02:41] halloz : Weee
[2016-12-28 03:02:43] MrRGnome : Ebit: It's less risky than gambling, your position is hedged in another market so as long as youir positions are opened and closed in tandem you make money, but there are some risks
[2016-12-28 03:02:54] narnarfromnarnia : fake out
[2016-12-28 03:02:55] narnarfromnarnia : possible
[2016-12-28 03:03:01] narnarfromnarnia : how do you know to go long or short with this
[2016-12-28 03:03:08] narnarfromnarnia : i guess ya just don't mess around
[2016-12-28 03:03:18] l3f : how hard is it to buy and hold!!!!!
[2016-12-28 03:03:30] l3f : ???
[2016-12-28 03:03:34] Ebit : l3f: as a degen trader it's impossible
[2016-12-28 03:03:50] dodic : well i got into bitcoin at like 850 so...
[2016-12-28 03:03:52] narnarfromnarnia : l3f: i am holding my equity but not trading when highly batshit crazy like this anymore
[2016-12-28 03:03:56] dodic : not sure thats enough
[2016-12-28 03:04:03] elmorte : Ebit: it's mostly the timing that's hard to get
[2016-12-28 03:04:04] dodic : im not going to see the same gains
[2016-12-28 03:04:26] dodic : at least... thats what I currently think
[2016-12-28 03:04:35] MrRGnome : narnarfromnarnia: that's also my strategy - just hold through th ebubble, maybe short when it looks good
[2016-12-28 03:04:53] narnarfromnarnia : MrRGnome: ya plenty to make on way down big moves
[2016-12-28 03:05:04] narnarfromnarnia : only going for really clear easy trades for now on
[2016-12-28 03:05:13] MrRGnome : just holding is making money. I've made a hsit load just holding
[2016-12-28 03:05:16] Ebit : so i see on the site there is a future for dec.30? so if i open a position now and if it doesn't get liquidated til dec.30 and the price has gone up from my entry i make the money?
[2016-12-28 03:05:23] MrRGnome : And I didn't need to risk being liquidated int he chop
[2016-12-28 03:05:25] narnarfromnarnia : ya
[2016-12-28 03:05:40] MrRGnome : Ebit: If you long, yes.
[2016-12-28 03:05:47] dodic : MrRGnome: There is merit to this
[2016-12-28 03:06:05] l3f : can you degenerates short it down so I can get more dips
[2016-12-28 03:06:06] l3f : please
[2016-12-28 03:06:17] dodic : MrRGnome: I have a profit from shorting but I've also been having like 10 cups of coffee a day
[2016-12-28 03:06:22] Ebit : MrRGnome: why do people say futures are at $1000 whats the point?
[2016-12-28 03:06:33] Ebit : elmorte:
[2016-12-28 03:06:35] shery : l3f: angry on shorters
[2016-12-28 03:06:40] narnarfromnarnia : Ebit: because that's the future bro
[2016-12-28 03:06:45] l3f : shery: just need more dips
[2016-12-28 03:06:47] happy : huobi is going up， any idea about short/long
[2016-12-28 03:07:02] narnarfromnarnia : happy: just wait until you're clear in your head
[2016-12-28 03:07:08] shery : l3f: me too , short at high buy at dip , get fundings too
[2016-12-28 03:07:10] narnarfromnarnia : don't risk anything if you're not 100%
[2016-12-28 03:07:18] narnarfromnarnia : ya
[2016-12-28 03:07:24] narnarfromnarnia : shery: great idea
[2016-12-28 03:07:30] narnarfromnarnia : so we just have to be in short by end of that timer?
[2016-12-28 03:07:37] dodic : FYI all n00bs... start at like 1-2x
[2016-12-28 03:07:52] Ebit : dodic: but i came to to get rekt
[2016-12-28 03:08:01] sleger : the price will jump just after the timer reaches zero by an amount that offsets whatever you made via funding
[2016-12-28 03:08:49] shery : sleger: what about shorting now and close near funding when people sells a lot leaving funding, that s good too
[2016-12-28 03:09:19] happy : Is it just Bitmex or all website has funding?
[2016-12-28 03:09:25] dodic : Ebit: Well the first trade I made wound up 50x because I chased, I didn't sleep much for a few days until I made it back
[2016-12-28 03:09:27] ayy_lmao : bitmex
[2016-12-28 03:09:33] dodic : So... clear you calendar
[2016-12-28 03:09:37] ayy_lmao : it allows perpetual futures
[2016-12-28 03:09:42] dodic : or be ok with losing everything in your account
[2016-12-28 03:09:45] ayy_lmao : other future sites have settlement
[2016-12-28 03:10:16] dodic : and the best moves tend to happen at some insane time like 4am or when your cooking, or showering
[2016-12-28 03:10:20] Ebit : ok i so just openeed a position with 50x lev but this time my margin is only $60 so i don't mind getting liquidated
[2016-12-28 03:10:34] dodic : ok, as long as you dont mind losing it all
[2016-12-28 03:10:49] MrRGnome : Ebit: Yeah be aware the required margin changes with price
[2016-12-28 03:11:08] Ebit : so a move of just over $20 breaks even
[2016-12-28 03:11:53] Ebit : MrRGnome: noted thanks
[2016-12-28 03:12:17] MrRGnome : Ebit: Good luck
[2016-12-28 03:12:31] Ebit : MrRGnome: thanks everyone
[2016-12-28 03:12:36] happy : drop to 930????
[2016-12-28 03:12:42] dodic : Ebit: I always consider the Liq:price + 10% extra safety. That should be the biggest move you expect
[2016-12-28 03:12:42] l3f : happy: lol no
[2016-12-28 03:12:52] l3f : sorry about that short
[2016-12-28 03:12:55] dodic : when you actually have real money
[2016-12-28 03:12:57] Ebit : dodic: k
[2016-12-28 03:13:03] dodic : and you are scared lol
[2016-12-28 03:13:11] dodic : *I've been there*
[2016-12-28 03:13:25] happy : I'm long
[2016-12-28 03:13:26] Ebit : i try not to trade scared, it's like garuntee rekt
[2016-12-28 03:13:36] dodic : good
[2016-12-28 03:13:43] Ebit : so far it's just been bravec and stupid
[2016-12-28 03:13:49] ayy_lmao : only time ive been scared is when i have had too much size on
[2016-12-28 03:13:53] happy : but don't want to pay funding..
[2016-12-28 03:14:02] MrRGnome : Ebit: I'm too scared to trade this
[2016-12-28 03:14:08] MrRGnome : Shroting the shit out of XMR though...
[2016-12-28 03:14:20] shery : 45 mints yummy
[2016-12-28 03:14:25] dodic : Shorting anything other than BTC is always a good idea
[2016-12-28 03:14:30] dodic : although I do also short BTC
[2016-12-28 03:14:33] dodic : but short them more
[2016-12-28 03:14:37] narnarfromnarnia : shery: should be a solid 20$ drop
[2016-12-28 03:14:42] narnarfromnarnia : just gotta get the top
[2016-12-28 03:14:52] shery : narnarfromnarnia: only if huobi drops
[2016-12-28 03:15:24] MrRGnome : I like that i can short here, at 1:1 non leveraged and move my money to an actually exchange to cash out locking in the good price and not getting hit by the delay
[2016-12-28 03:15:35] narnarfromnarnia : shery: below 6828
[2016-12-28 03:15:36] narnarfromnarnia : ?
[2016-12-28 03:15:46] narnarfromnarnia : scared it'll be a mini dump
[2016-12-28 03:16:37] narnarfromnarnia : wee
[2016-12-28 03:16:39] dodic : hahahah some damn scared shorts
[2016-12-28 03:16:56] narnarfromnarnia : let's see some rekts 1st
[2016-12-28 03:17:25] happy : going down..
[2016-12-28 03:17:30] dodic : what exhange even moved that
[2016-12-28 03:17:36] anduck : stamp
[2016-12-28 03:17:42] dodic : worst exchange
[2016-12-28 03:17:48] anduck : stamp best
[2016-12-28 03:17:58] anduck : hacked? they cover
[2016-12-28 03:18:02] anduck : regulated? they are
[2016-12-28 03:18:12] anduck : float errors? they have
[2016-12-28 03:18:25] ayy_lmao : lol
[2016-12-28 03:18:25] dodic : their icon is ugly
[2016-12-28 03:18:29] dodic : f that
[2016-12-28 03:18:29] l3f : anduck: best prices? they have
[2016-12-28 03:19:01] anduck : stamp will have margin trading during Q2
[2016-12-28 03:19:09] halloz : *OKCOIN DOWN*
[2016-12-28 03:19:13] anduck : s/during/in
[2016-12-28 03:19:14] MrRGnome : oh shit
[2016-12-28 03:19:15] MrRGnome : really?
[2016-12-28 03:19:18] halloz : trololo
[2016-12-28 03:19:22] ayy_lmao : no
[2016-12-28 03:19:22] dodic : *funding boogeymonster approaches*
[2016-12-28 03:19:25] anduck : they said they'll implement it
[2016-12-28 03:19:59] narnarfromnarnia : halloz: not yet
[2016-12-28 03:20:05] MrRGnome : the amount of money bitstamp has asked for its equity is insane
[2016-12-28 03:20:07] narnarfromnarnia : need to see some rekts here
[2016-12-28 03:20:30] anduck : yyeeah
[2016-12-28 03:21:20] MrRGnome : I want a huge price surge 1 minute before funding
[2016-12-28 03:21:26] MrRGnome : really fuck everyone who went in just to get the funding
[2016-12-28 03:21:54] anduck : shorters get it?
[2016-12-28 03:22:12] MrRGnome : shorters get funding and longs pay because price has been tracking well above index
[2016-12-28 03:22:53] dodic : oh man this is getting great
[2016-12-28 03:22:53] laisee : its consolation prize for guessing market wrong
[2016-12-28 03:22:57] narnarfromnarnia : does it always drop around funding?
[2016-12-28 03:22:59] narnarfromnarnia : or na
[2016-12-28 03:23:09] sleger : only when there are too many idiots
[2016-12-28 03:23:12] dodic : not always but often
[2016-12-28 03:23:21] MrRGnome : I wager it will bounce locally from ~$2 below mark to ~$5 above
[2016-12-28 03:23:29] laisee : idiot inflation index == funding rate
[2016-12-28 03:23:33] MrRGnome : once funding settles
[2016-12-28 03:23:33] shery : narnarfromnarnia: yesterday it was 0.23 an dropped in pump too, what will happen today guess
[2016-12-28 03:23:44] dodic : *wait what's funding*
[2016-12-28 03:23:44] narnarfromnarnia : shery: drop
[2016-12-28 03:23:46] sleger : MrRGnome: that's 7$
[2016-12-28 03:23:49] dodic : *SELL*
[2016-12-28 03:23:51] sleger : the funding is only ~3
[2016-12-28 03:24:05] MrRGnome : sleger: Yeah.
[2016-12-28 03:24:12] imapotato : I've got three things to say.
[2016-12-28 03:24:13] shery : narnarfromnarnia: need to go towards 945
[2016-12-28 03:24:21] MrRGnome : I don't think that it's going to be a proportional move. I think traders are dumb
[2016-12-28 03:24:22] narnarfromnarnia : shery: right
[2016-12-28 03:24:28] imapotato : 1. Stamp caught up to finex. Wtf?
[2016-12-28 03:24:29] narnarfromnarnia : but if we start seeing rekts
[2016-12-28 03:24:34] narnarfromnarnia : try to catch needle top
[2016-12-28 03:24:35] shery : narnarfromnarnia: 35 mints now
[2016-12-28 03:24:45] imapotato : 2. Quentin Tarantino makes damn good movies.
[2016-12-28 03:24:55] shery : stamp , pump
[2016-12-28 03:25:00] imapotato : 3. We're mooning!!!!! Yee haw!
[2016-12-28 03:25:12] sleger : and 1. ?
[2016-12-28 03:25:15] anduck : were r rektss?
[2016-12-28 03:25:32] imapotato : 4. Why does chat do numbered lists and restart at 1?
[2016-12-28 03:25:39] imapotato : :(
[2016-12-28 03:26:10] sleger : it uses MS Outlook intelligence
[2016-12-28 03:26:23] imapotato : Lol
[2016-12-28 03:27:40] Angelika : sleger: rate worked
[2016-12-28 03:27:46] dodic : panic... is the most useful and terrible thing to a trader
[2016-12-28 03:27:49] Angelika : price under spot
[2016-12-28 03:28:29] tuttyking : anyone seen any news for why xmr has pumped?
[2016-12-28 03:28:35] narnarfromnarnia : tuttyking: stamp
[2016-12-28 03:28:41] narnarfromnarnia : ltc on gox
[2016-12-28 03:28:49] Ebit : MrRGnome: too scared to trade btc? I think its pretty bullish til 1000 at least
[2016-12-28 03:29:21] MrRGnome : Ebit: I'm just holding btc for now, I agree it will probably touch 1000 at come point.
[2016-12-28 03:29:57] MrRGnome : I have both buys and sells ont he order book, waiting for extremes in price to be hit
[2016-12-28 03:29:58] Ebit : MrRGnome: holding is good
[2016-12-28 03:30:10] ett1 : shit just woke up
[2016-12-28 03:30:18] dodic : dude
[2016-12-28 03:30:23] dodic : you missed a lot
[2016-12-28 03:30:28] ett1 : long doing well, missed th ebreak ye
[2016-12-28 03:30:50] tuttyking : narnarfromnarnia: they are thinking about opening xmr market?
[2016-12-28 03:31:14] dodic : BTC will do well long until 1000
[2016-12-28 03:31:16] dodic : at least
[2016-12-28 03:32:41] l3f : Take eth back to zero
[2016-12-28 03:32:42] dodic : So just long with margin that doesn't liq. under 800 lol?
[2016-12-28 03:32:56] dodic : ETH is already 0, just doesn't know it
[2016-12-28 03:33:14] dodic : Proof of Stake will be a tragedy... or comedy
[2016-12-28 03:33:49] dodic : ETC = Russian Scam
[2016-12-28 03:34:00] dodic : Zcash = science experiment
[2016-12-28 03:34:09] dodic : Monero = ahhhhhh maybe
[2016-12-28 03:35:16] dodic : wait actually, i guess ETH counts as russian scam too
[2016-12-28 03:35:18] CaptainDean : i want to short BTC
[2016-12-28 03:35:23] CaptainDean : what a bad idea ! :D
[2016-12-28 03:35:35] dodic : CaptainDean: NO
[2016-12-28 03:35:45] dodic : not right now
[2016-12-28 03:36:04] dodic : bad
[2016-12-28 03:36:27] MrRGnome : PSA don't ever let anyone int he troll box convince you what position to take, or close
[2016-12-28 03:36:38] MikeHunt : eth died when they bailed out the DAO
[2016-12-28 03:36:45] MikeHunt : same for wen gov bailed out banks
[2016-12-28 03:36:45] dodic : *just trying to help*
[2016-12-28 03:37:03] MrRGnome : <3 dodic
[2016-12-28 03:37:32] dodic : yeah ETH is a super cool tech
[2016-12-28 03:37:41] dodic : I would be long the technology if I could
[2016-12-28 03:37:54] dodic : but the way they are handling the currency == :(
[2016-12-28 03:38:10] dodic : *you can be long the tech by building Dapps*
[2016-12-28 03:38:23] dodic : *or working with or investing in them*
[2016-12-28 03:38:26] l3f : 0.375% per 8 hours = 400% APR
[2016-12-28 03:38:28] l3f : fucking lol
[2016-12-28 03:38:33] dodic : the pain
[2016-12-28 03:38:41] MrRGnome : dodic: Is the italics your inner monologue?
[2016-12-28 03:38:45] dodic : yes
[2016-12-28 03:39:09] MrRGnome : I like eth the tech, it's too bad they don't understand the decentralized security model.
[2016-12-28 03:39:30] dodic : Yeah, they struggle... badly
[2016-12-28 03:40:26] MikeHunt : dodic: iirc btc will integrate useful stufff from eth
[2016-12-28 03:40:47] dodic : I think someone else said here very nicely, that ETH doesn't get how create incentives for good actors
[2016-12-28 03:41:03] dodic : and punish bad actors
[2016-12-28 03:41:14] dodic : without resorting to political action
[2016-12-28 03:41:46] narnarfromnarnia : shery: 18min
[2016-12-28 03:41:57] dodic : the reckoning!
[2016-12-28 03:43:31] MrRGnome : dodic: It might have been me, I was ranting about that the other day
[2016-12-28 03:43:43] MrRGnome : I tend to pontificate.
[2016-12-28 03:44:08] dodic : MrRGnome: In that case, thanks, that was a concise way to put it
[2016-12-28 03:44:16] dodic : the whole gas fiasco
[2016-12-28 03:44:18] dodic : ugh
[2016-12-28 03:44:19] ett1 : lol i don think ill be selling thsis period
[2016-12-28 03:44:53] narnarfromnarnia : ett1: others will though so it's kinda worth the $10 dip
[2016-12-28 03:53:52] tuttyking : got real quiet in here
[2016-12-28 03:54:30] dodic : :D 5 mins to fundocalypse
[2016-12-28 03:54:34] MrRGnome : everyone holding their breath for 5 minutes
[2016-12-28 03:54:51] paniktrade : fk man this funding feee
[2016-12-28 03:54:59] paniktrade : fekkin p swaps
[2016-12-28 03:55:14] paniktrade : /cry
[2016-12-28 03:55:27] ett1 : i bet it jumo from 950 to 960. no way im selling
[2016-12-28 03:55:34] deeprocks : 0.3750 wtf?
[2016-12-28 03:55:40] paniktrade : #rekt
[2016-12-28 03:55:42] l3f : incoming pain
[2016-12-28 03:55:45] deeprocks : such high fee
[2016-12-28 03:55:45] paniktrade : 4 mins
[2016-12-28 03:55:50] l3f : deeprocks: funding!
[2016-12-28 03:56:05] l3f : paid to those shorts you liquidated
[2016-12-28 03:56:11] paniktrade : y so much
[2016-12-28 03:56:11] l3f : or soon to be liquidated
[2016-12-28 03:56:29] MrRGnome : sleger: can you even imagine how much more complaining there would be at 3% vs 0.375?
[2016-12-28 03:56:38] BitMEX_Greg : deeprocks: This is not a fee, this is a funding rate exchanges between longs and shorts. If you are short then you earn this rate
[2016-12-28 03:56:55] deeprocks : BitMEX_Greg: XD my mistake
[2016-12-28 03:57:08] shery : last 2 mints
[2016-12-28 03:57:19] MrRGnome : BitMEX_Greg: That distinction isn't really useful if you're paying it.
[2016-12-28 03:57:28] MikeHunt : so do i add 0.375% to the 0.75% to get total "fee" ?
[2016-12-28 03:57:30] paniktrade : will the fee liquidate you if ur 100x?
[2016-12-28 03:57:48] Angelika : paniktrade: no
[2016-12-28 03:57:51] immackay : paniktrade: it raises your liquidation price
[2016-12-28 03:57:58] paniktrade : ah ok
[2016-12-28 03:58:01] BitMEX_Greg : MrRGnome: It is your choice if you want to pay it or not. If you want to trade the future instead then you do not need to pay it
[2016-12-28 03:58:04] shery : 1 miny
[2016-12-28 03:58:12] Angelika : MikeHunt: funding is separate
[2016-12-28 03:58:13] paniktrade : so it will if youre close to ur liq price
[2016-12-28 03:58:28] paniktrade : no funding fees on weeklys / quarts tho amirite?
[2016-12-28 03:58:43] immackay : yup
[2016-12-28 03:58:44] BitMEX_Greg : paniktrade: The funding is only charged on the XBTUSD swap
[2016-12-28 03:59:09] shery : 50 sec
[2016-12-28 03:59:18] paniktrade : ok hmm then why trade XTBUSD swap and not weeklies or quarts where there are no fees?
[2016-12-28 03:59:58] BitMEX_Greg : paniktrade: You are paying a basis when you trade the futures
[2016-12-28 04:00:23] tuttyking : wow
[2016-12-28 04:00:26] ett1 : lol
[2016-12-28 04:00:27] paniktrade : no idea what a basis is tho
[2016-12-28 04:00:29] paniktrade : ouch
[2016-12-28 04:00:30] paniktrade : #rek
[2016-12-28 04:00:32] paniktrade : #rekt
[2016-12-28 04:00:38] ayy_lmao : how bad
[2016-12-28 04:00:41] BitMEX_Greg : Basis is the difference between the spot price and the futures price
[2016-12-28 04:01:17] BitMEX_Greg : In bitcoin the futures price tends to be higher so we say it has a positive basis, or that the market is in contango
[2016-12-28 04:02:15] paniktrade : BitMEX_Greg: but that is if u hold until settlement no? if i do a trade that is around 10 hours long wont i get the same profit % as on perpetual swaps but minus the funding fee?
[2016-12-28 04:02:34] paniktrade : assuming that both rise the same amount
[2016-12-28 04:02:43] BitMEX_Greg : That's a large assumption to make
[2016-12-28 04:02:57] MikeHunt : whats the spikes out of line from other exchanges?
[2016-12-28 04:03:45] paniktrade : BitMEX_Greg: is it tho? price structure looks the same to me on weeklies and p swaps.. anyways ill have to experiment here abit
[2016-12-28 04:05:12] narnarfromnarnia : bots changing to selling position?
[2016-12-28 04:05:39] paniktrade : let me ask
[2016-12-28 04:05:50] paniktrade : "hey bots wat ur position?"
[2016-12-28 04:05:53] paniktrade : hope they reply
[2016-12-28 04:06:00] BitMEX_Greg : paniktrade: Yes its a very large assumption to make. Futures don't tend to trade 1 to 1 with spot, it may move more it may move less
[2016-12-28 04:06:04] narnarfromnarnia : "epileptic"
[2016-12-28 04:06:16] dodic : there is only one way to speak to bots. orders
[2016-12-28 04:06:57] paniktrade : BitMEX_Greg: ok thanks for the info
[2016-12-28 04:07:35] BitMEX_Greg : paniktrade: Np, but yeah if the funding irks you, try the futures. It may be a more manageable product if you are looking for holding a position
[2016-12-28 04:07:58] imapotato : Stamp above finex? Wtf?
[2016-12-28 04:08:24] dodic : low volume finex?
[2016-12-28 04:08:40] paniktrade : BitMEX_Greg: yea i think im gna split my orders on all three to see which ones work best
[2016-12-28 04:08:42] dodic : whoa still negative premium
[2016-12-28 04:08:42] paniktrade : thx :)
[2016-12-28 04:08:54] narnarfromnarnia : dumpy
[2016-12-28 04:09:26] BitMEX_Greg : paniktrade: Yeah its actually an interesting trade in itself, Futures vs the swap. I.e. if you think the futures basis % is too low then a good trade would be to buy it and then sell the swap. Earn the swap funding in the meantime
[2016-12-28 04:09:38] MikeHunt : narnarfromnarnia: aye
[2016-12-28 04:10:04] paniktrade : BitMEX_Greg: exactly what i was thinkng :D
[2016-12-28 04:10:14] paniktrade : narnarfromnarnia: youve been sayin that for a while now XD
[2016-12-28 04:12:05] deeprocks : what price does trigger price use?
[2016-12-28 04:13:29] BitMEX_Greg : deeprocks: You can set it, see the box under `Available Balance`? You can use `Last`, `Index`, or `Mark`
[2016-12-28 04:14:15] deeprocks : BitMEX_Greg: thanks!
[2016-12-28 04:14:53] BitMEX_Greg : deeprocks: Also pay attention to the `Close on Trigger`, if checked then the order will ONLY execute if you have a position to close
[2016-12-28 04:15:13] deeprocks : yeah i read that
[2016-12-28 04:15:21] deeprocks : ty
[2016-12-28 04:23:11] javierstone : fuck off you motherfucking sharters
[2016-12-28 04:23:30] narnarfromnarnia : wait for rekts
[2016-12-28 04:23:34] javierstone : get off my dick
[2016-12-28 04:25:13] javierstone : https://twitter.com/chodeshart
[2016-12-28 04:25:42] halloz : o-o
[2016-12-28 04:25:47] halloz : ok
[2016-12-28 04:25:55] javierstone : 957.51
[2016-12-28 04:26:10] MikeHunt : javierstone: rly?
[2016-12-28 04:26:14] narnarfromnarnia : what's mark price at here now?
[2016-12-28 04:26:20] javierstone : MikeHunt: wud?
[2016-12-28 04:26:21] imapotato : $moon
[2016-12-28 04:26:26] MrRGnome : A lot of people who just discovered funding shorting now to get it
[2016-12-28 04:26:29] narnarfromnarnia : how to see that when no pos open
[2016-12-28 04:26:35] MrRGnome : About to get wrecked by the next leg up
[2016-12-28 04:27:05] javierstone : narnarfromnarnia: because the market price is so much lower than the index
[2016-12-28 04:27:09] ett1 : MrRGnome: ye swaps are better now
[2016-12-28 04:27:19] ett1 : premium too high on futures
[2016-12-28 04:27:26] imapotato : I have a new strategy.
[2016-12-28 04:27:29] ett1 : it will fall
[2016-12-28 04:27:31] narnarfromnarnia : ya i think long squeezer
[2016-12-28 04:27:36] narnarfromnarnia : then fall
[2016-12-28 04:27:43] narnarfromnarnia : or mini fall and hold
[2016-12-28 04:27:46] narnarfromnarnia : and squeeze again
[2016-12-28 04:27:48] MrRGnome : I think another leg up.
[2016-12-28 04:27:52] narnarfromnarnia : death grip
[2016-12-28 04:28:06] MikeHunt : before ive seen it go up across and down violently
[2016-12-28 04:28:27] javierstone : this one time
[2016-12-28 04:28:28] MikeHunt : (from this sort of pattern near peak)
[2016-12-28 04:28:39] javierstone : great
[2016-12-28 04:28:41] MikeHunt : well ive been doing this for a few years and u dont forget sights like that
[2016-12-28 04:28:58] javierstone : dude they were quoting you earlier in how wrong you were
[2016-12-28 04:29:16] MikeHunt : u mean u and ur longbumchumbs?
[2016-12-28 04:29:55] javierstone : yer a knob
[2016-12-28 04:30:49] MrRGnome : MikeHunt: You must be a professional trade just like rapidtrades
[2016-12-28 04:31:39] MikeHunt : MrRGnome: im just a lowly basement dweller
[2016-12-28 04:31:58] MrRGnome : Yeah, like I said, a professional trader just like rapidtrades! =)
[2016-12-28 04:32:03] MikeHunt : haha
[2016-12-28 04:33:26] deeprocks : have we reached the peak for now or will it rise more any ideas?"
[2016-12-28 04:33:36] narnarfromnarnia : 950
[2016-12-28 04:33:45] narnarfromnarnia : new support or top
[2016-12-28 04:33:47] narnarfromnarnia : for daily
[2016-12-28 04:34:01] narnarfromnarnia : daily in 2hrs
[2016-12-28 04:34:02] dodic : will fluctuate
[2016-12-28 04:34:08] dodic : but until bad news
[2016-12-28 04:34:14] dodic : uptrend
[2016-12-28 04:34:28] dodic : china has insatiable apetitie for btc
[2016-12-28 04:34:45] MikeHunt : i think we are in rising wedge in 1hour timeframe
[2016-12-28 04:35:04] MikeHunt : nearing top trendline so it needs to correct in order to continue
[2016-12-28 04:35:40] MikeHunt : i correction to ~6600-6700 would allow a further climb to ath
[2016-12-28 04:35:46] narnarfromnarnia : stamp leading
[2016-12-28 04:35:54] dodic : it has been insanely rockety
[2016-12-28 04:36:03] l3f : BitMEX_Greg: can we get a XMRH17?
[2016-12-28 04:36:04] shery : stamp 955
[2016-12-28 04:36:40] narnarfromnarnia : ya leading
[2016-12-28 04:37:58] MikeHunt : china did invent the rocket
[2016-12-28 04:38:06] MikeHunt : just the landing part they had issues with
[2016-12-28 04:38:16] deeprocks : MikeHunt: hahaha
[2016-12-28 04:38:28] ett1 : lol nice
[2016-12-28 04:38:33] dodic : MikeHunt: well done
[2016-12-28 04:40:30] javierstone : squeezey squeezey
[2016-12-28 04:41:07] javierstone : coming for them shitz
[2016-12-28 04:41:43] dodic : i've noticed way less REKTs since Christmas
[2016-12-28 04:41:47] dodic : Are we learing?
[2016-12-28 04:41:56] dodic : Was REKTmas enough?
[2016-12-28 04:42:13] l3f : -funding from all the shorts
[2016-12-28 04:42:14] l3f : lol
[2016-12-28 04:42:19] l3f : pay interest to short now
[2016-12-28 04:42:24] l3f : #rekt
[2016-12-28 04:42:51] dodic : hah
[2016-12-28 04:42:59] dodic : always interesting
[2016-12-28 04:43:29] MikeHunt : rektmas was tough
[2016-12-28 04:43:34] MikeHunt : totally forgot the china factor
[2016-12-28 04:43:40] dodic : I almost got cleaned out
[2016-12-28 04:43:41] MikeHunt : big mistake ;)
[2016-12-28 04:43:46] MikeHunt : :( *
[2016-12-28 04:44:05] javierstone : 60k gets us to 954.50
[2016-12-28 04:44:05] MikeHunt : i didnt loose anything, just lost out on getting 1k
[2016-12-28 04:44:14] javierstone : so thin
[2016-12-28 04:44:16] javierstone : run train
[2016-12-28 04:45:27] javierstone : rocket ship coming
[2016-12-28 04:45:33] javierstone : exchanges are catching up with cny and its noticing
[2016-12-28 04:45:36] javierstone : adios sharters
[2016-12-28 04:45:51] imapotato : why is finex stuck?
[2016-12-28 04:45:53] imapotato : it's a graveyard
[2016-12-28 04:45:56] imapotato : stamp pumping, finex zero
[2016-12-28 04:46:05] MrRGnome : USD is climbing to make up for the price disparity, which is a good sign for another leg up
[2016-12-28 04:46:06] javierstone : spread is less than 30 on most
[2016-12-28 04:46:14] javierstone : 958
[2016-12-28 04:46:17] javierstone : lol shorts getting rekt
[2016-12-28 04:46:21] javierstone : 5 3 2
[2016-12-28 04:46:23] javierstone : 1
[2016-12-28 04:46:42] javierstone : ??
[2016-12-28 04:46:43] narnarfromnarnia : here comes rekts
[2016-12-28 04:46:46] dodic : AW NO!
[2016-12-28 04:46:47] narnarfromnarnia : weee
[2016-12-28 04:46:52] dodic : I ordered way too much!
[2016-12-28 04:47:01] narnarfromnarnia : mark price gonna be 960
[2016-12-28 04:47:06] narnarfromnarnia : kaboomb
[2016-12-28 04:47:12] MrRGnome : dodic: you fat finger an order?
[2016-12-28 04:47:18] dodic : >.< yes
[2016-12-28 04:47:22] narnarfromnarnia : ive done that
[2016-12-28 04:47:28] dodic : ahh lol
[2016-12-28 04:47:29] MrRGnome : Me too
[2016-12-28 04:47:31] narnarfromnarnia : hover thumbed
[2016-12-28 04:47:34] ett1 : narnarfromnarnia: i dont see anything hapening
[2016-12-28 04:47:39] dodic : extra 0 lol
[2016-12-28 04:47:46] MrRGnome : ahh shit that's a bad move
[2016-12-28 04:48:15] dodic : *I'll fix this*
[2016-12-28 04:48:19] MrRGnome : I've accidentally bought instead of sold, worked out though as my original call was wrong
[2016-12-28 04:48:22] dodic : *I totaly knw what im doing*
[2016-12-28 04:48:28] ett1 : what di u mean fat finger. too big? market exit?
[2016-12-28 04:48:42] dodic : order of magnitude too big lol
[2016-12-28 04:49:11] MikeHunt : upside down triangle = upside down pentagram
[2016-12-28 04:49:12] ett1 : MrRGnome: I was on finex. Had like 95%in btc & 5% long LTC
[2016-12-28 04:49:19] ett1 : meant to exit my smallt LTC
[2016-12-28 04:49:33] ett1 : chose "SELL ALL" on LTCBTC
[2016-12-28 04:49:37] ett1 : or something
[2016-12-28 04:49:43] ett1 : i wanted to exit the LTC
[2016-12-28 04:49:55] ett1 : but sold all my BTC for lLTC instead
[2016-12-28 04:50:06] ett1 : into a falling crashing market
[2016-12-28 04:50:08] dodic : ett1: o no
[2016-12-28 04:50:24] ett1 : really volatile. i wanted to wait to get out at breakeven
[2016-12-28 04:50:32] ett1 : but it keps runnign sown lol
[2016-12-28 04:50:47] ett1 : cut my losses at 40% or so. 1 day
[2016-12-28 04:50:52] ett1 : no leverage
[2016-12-28 04:51:08] ett1 : that was my stupidest fat finger
[2016-12-28 04:53:08] ett1 : BTW guys i think using leverage slider is much better than cross
[2016-12-28 04:53:21] ett1 : gives you more control and forces you to be aware of you SL
[2016-12-28 04:53:33] dodic : yeah. I'm suddenly inclined to agree
[2016-12-28 04:53:59] ett1 : i spend to much time trying to do mental arithmetic to work out my risk with cross
[2016-12-28 04:54:20] ett1 : margin is a bit clearer to me
[2016-12-28 04:55:45] halloz : btfd
[2016-12-28 04:55:59] imapotato : tiny dip
[2016-12-28 04:56:00] imapotato : buy it
[2016-12-28 04:56:40] dodic : the funding next time O.o
[2016-12-28 04:59:42] ett1 : we should all be holding longs anyway
[2016-12-28 05:05:18] javierstone : lunch is over
[2016-12-28 05:06:54] zach719 : anybody got an idea where this is going
[2016-12-28 05:07:00] zach719 : im debating going back in
[2016-12-28 05:07:06] zach719 : sold at 952...
[2016-12-28 05:07:09] MikeHunt : rising wedge in 1hr timeframe
[2016-12-28 05:07:10] ett1 : to infinity
[2016-12-28 05:07:12] ett1 : and beyond
[2016-12-28 05:07:26] MikeHunt : correction to 6600-6700 then to moon
[2016-12-28 05:07:28] MikeHunt : is my prediction
[2016-12-28 05:07:54] javierstone : cool
[2016-12-28 05:07:57] halloz : we're about to go up
[2016-12-28 05:07:57] javierstone : love yer predictions
[2016-12-28 05:07:58] deep : it will be up 960+
[2016-12-28 05:08:49] MikeHunt : javierstone: it could break out up now, i may be wrong
[2016-12-28 05:09:30] ett1 : XBTUSD 17100 17.8979 XBT 844.44955.42 845.66 + 2.5075 XBT (8.13x) 2.3523 XBT (1161.64%) -0.1257 XBT XBTH17 5000 4.8630 XBT 989.86 1028.17 971.27 + 0.3141 XBT (16.28x) 0.1882 XBT (186.31%) -0.0007 XBT
[2016-12-28 05:09:51] ett1 : pretty health :D
[2016-12-28 05:10:00] halloz : nom nom nom
[2016-12-28 05:10:01] narnarfromnarnia : just closed?
[2016-12-28 05:11:15] imapotato : moon
[2016-12-28 05:11:25] javierstone : ett1: who'd you vote for?
[2016-12-28 05:11:40] ett1 : i dont vote. waste of time
[2016-12-28 05:11:45] javierstone : attaboy
[2016-12-28 05:11:54] ett1 : im not in the US, but i hate clinton
[2016-12-28 05:12:31] MikeHunt : bad options all round last election
[2016-12-28 05:12:38] MikeHunt : at least with trump we know what we're getting
[2016-12-28 05:13:11] javierstone : ^thats not true
[2016-12-28 05:13:14] ett1 : nigel farage is cool in the UK - i always liked UKIP. happy he got us out of EU
[2016-12-28 05:13:39] ett1 : we'll TPTB are trying to delay it....
[2016-12-28 05:14:11] dodic : Look I love the trump effect on equities but I have NO idea what the man will do
[2016-12-28 05:14:12] MikeHunt : javierstone: in what way?
[2016-12-28 05:14:20] ett1 : lol trump tweeted he'd make a great ambassador to the UK
[2016-12-28 05:14:31] MikeHunt : ett1: i hope he gets the job
[2016-12-28 05:14:34] ett1 : our govt were like the role is already taken
[2016-12-28 05:14:53] MikeHunt : $20tn debt dont disappear over night tho
[2016-12-28 05:14:53] ett1 : people pissed off that trump was advising on who should be our MPs
[2016-12-28 05:14:56] ett1 : etc
[2016-12-28 05:15:02] javierstone : MikeHunt: he has the least amount of experience in political office vs any other president. we precisely have never experienced as a democracy like america for the next four years
[2016-12-28 05:15:14] ett1 : He should invide nigel over and make him US anbassador to the UK!!!!
[2016-12-28 05:15:35] dodic : he is pumping nuclear weapons
[2016-12-28 05:15:36] MikeHunt : javierstone: experience involving embezzlement and running the country into the ground?
[2016-12-28 05:15:40] dodic : i mean, that gives me some pause
[2016-12-28 05:15:47] ett1 : give him a job in the US dealing with all UK relations lol
[2016-12-28 05:15:56] javierstone : MikeHunt: no like elected office. a job where voters keep you in office
[2016-12-28 05:16:24] javierstone : that presents another dimension to leadership when you have voting pressure.
[2016-12-28 05:16:56] javierstone : and his business record is awful. like you could make this argument about being business if it was bloomberg or someone who actually made a shit ton of money
[2016-12-28 05:17:40] ett1 : javierstone: trump has no experience in politcs you say?
[2016-12-28 05:17:53] ett1 : his personal record is great
[2016-12-28 05:17:54] javierstone : ett1: yes
[2016-12-28 05:17:59] dodic : trump should have just been long bitcoin
[2016-12-28 05:18:01] javierstone : his personal record?
[2016-12-28 05:18:07] javierstone : like his companies?
[2016-12-28 05:18:20] ett1 : you businessess a is separate from you personal
[2016-12-28 05:18:33] ett1 : hes a great marketer and businessman