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

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

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

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[2015-11-03 23:12:27] gouda : i tried but it said i would be liquadated
[2015-11-03 23:12:32] gouda : even though short would be higher
[2015-11-03 23:13:04] BitMEX_Sam : Mark is unfortunately trailing XBT24H yet again, try unisolating margin
[2015-11-03 23:13:12] BitMEX_Sam : We have a fix for this in our testnet that we plan to roll tomorrow
[2015-11-03 23:13:33] BitMEX_Sam : This market has been seesawing so much that we determined there needs to be an automatic, transparent way to change fair price
[2015-11-03 23:13:50] BitMEX_Sam : We've developed this method and we are testing it for a few expiries before promoting it here
[2015-11-03 23:14:06] BitMEX_Sam : If any of you are interested in the new plan, see https://testnet.bitmex.com/app/dynamicProfitEqualisation#fair-price-marking
[2015-11-03 23:15:05] lockhedge : micmix: thanks for the suggestion, will add a more precise timestamp as soon as it matters
[2015-11-03 23:16:54] j8 : BitMEX_Sam: interesting so this mid price is used to adjust the basis rate periodically? how often?
[2015-11-03 23:17:22] lockhedge : BitMEX_Sam: great news. looks like a quite solid method.
[2015-11-03 23:17:28] BitMEX_Sam : Every minute
[2015-11-03 23:18:37] j8 : isn't the weighted mid price just the mark price then?
[2015-11-03 23:18:49] BitMEX_Sam : No, because it takes into account our books
[2015-11-03 23:18:52] BitMEX_Sam : Not just the XBX index
[2015-11-03 23:19:26] Murch : I like the idea
[2015-11-03 23:19:35] Murch : Might need to tweak as you go though.
[2015-11-03 23:19:40] j8 : right, but new mark price will be the weighted mid price?
[2015-11-03 23:19:43] gouda : so say my entry is 417 on a short the red price in the middle is the price i want to worry about
[2015-11-03 23:19:50] gouda : so its 413.19 now in red
[2015-11-03 23:20:39] jung1 : BitMEX_Sam: % of Commissions in affiliate expire after 6 months or its stay?
[2015-11-03 23:21:03] BitMEX_Sam : j8: Fair price == Mark Price on all non-XBU contracts
[2015-11-03 23:21:05] micmix : BitMEX_Sam: This new fair price is a bit scary for quarterlies with no liquidity on the ask side. Look at the XBTH16
[2015-11-03 23:21:22] BitMEX_Sam : micmix: We're going to start it on 24H and 7D only
[2015-11-03 23:21:24] j8 : i see that the mid price is used to set the basis rate, but then the basis rate applied applied to the index price should just be the mid price again, aside from changes within the minute
[2015-11-03 23:21:38] BitMEX_Sam : jung1: Expires at 6mo, but that's per-user
[2015-11-03 23:22:40] micmix : BitMEX_Sam: 7D liquidity dries up as well like yesterday when we had almost no ask side. You have to be very careful with that
[2015-11-03 23:23:02] BitMEX_Sam : Yes. We're still doing testing, what is on testnet is not yet final
[2015-11-03 23:23:07] BitMEX_Sam : We will update you guys once we have a final version
[2015-11-03 23:23:26] Murch : Mhm 7D has been sketchy imo
[2015-11-03 23:23:49] micmix : BitMEX_Sam: do you have orderbook history from yesterday? we don't store BitMEX books yet
[2015-11-03 23:23:56] kasman5 : 7D needs selling in to
[2015-11-03 23:24:13] BitMEX_Sam : micmix: Wally should be able to pull that for you when he gets up, when you see him, ask
[2015-11-03 23:24:25] micmix : BitMEX_Sam: ok, thanks
[2015-11-03 23:24:45] lockhedge : BitMEX_Sam: a <code>mid price</code> based on a certain depth is definitely the right way. <code>Impact Margin Notional</code> also makes sense, but it's very important that you only count highly competitive orders (with a very high probability to get filled) to prevent spoofing - is there a minimum order resting time? or do you count all orders that are in the book in the moment when you take the snap?
[2015-11-03 23:25:19] micmix : lockhedge: how fast can I poll your index? once per second from 2 servers ok?
[2015-11-03 23:27:16] lockhedge : micmix: it's currently behind a Cloudflare CDN, once per second is ok for us, but i may have to whitelist you at Cloudflare if you get any problems with their rate limits/firewall
[2015-11-03 23:37:03] babybaby : BTC going down now
[2015-11-03 23:38:08] MeeGee : sam you here?
[2015-11-03 23:38:21] MeeGee : BitMEX_Sam: ?
[2015-11-03 23:38:28] BitMEX_Sam : MeeGee: Yeah what's up
[2015-11-03 23:38:36] MeeGee : hi, it's Gman from tradeview
[2015-11-03 23:38:38] lockhedge : babybaby: you'll never know. it's still around 400...
[2015-11-03 23:38:54] MeeGee : a quick question about the platform/trading setup
[2015-11-03 23:38:54] BitMEX_Sam : Oh yeah, how's it going
[2015-11-03 23:39:02] MeeGee : not bad, a bit richer today :D
[2015-11-03 23:39:11] MeeGee : so there is the index
[2015-11-03 23:39:21] MeeGee : which is the price in the middle of the orderbook
[2015-11-03 23:39:31] MeeGee : and then there is the orderbook, usual bids asks
[2015-11-03 23:39:38] MeeGee : but my position is based on the index?
[2015-11-03 23:40:04] MeeGee : so at settlement my PL gets calculated form the index price?
[2015-11-03 23:40:24] MeeGee : but if I want to exit before it's from the price I buyy or sell at from another trader?
[2015-11-03 23:40:34] MeeGee : is that right?
[2015-11-03 23:40:51] BitMEX_Sam : Right, so very simply:
[2015-11-03 23:41:02] BitMEX_Sam : It behaves like a regular market - if you buy, then sell higher than you bought, you have profit, of course.
[2015-11-03 23:41:17] BitMEX_Sam : But for the purposes of liquidation and display of unrealised profit, we use the mark price, which is the grey price in the middle of the book.
[2015-11-03 23:41:42] BitMEX_Sam : That grey price is the index price plus an interest rate, and is supposed to reflect what the contract should be trading at.
[2015-11-03 23:42:00] BitMEX_Sam : This mechanism prevents whipsaw liquidations if a user decides to just run the book up and down and get everyone liquidated.
[2015-11-03 23:42:06] BitMEX_Sam : As well as margin call cascades.
[2015-11-03 23:42:28] BitMEX_Sam : It's the reason why we've been able to boast 0% socialized loss even though the market moved nearly $50 in an hour today
[2015-11-03 23:43:08] BitMEX_Sam : So the thing to watch is that the mark price can sometimes be lower or higher than the market is trading - in that case, just be careful with isolated margin because you could be liquidated earlier than you might think.
[2015-11-03 23:43:22] sleger : I think its a good mechanism but the other exchanges did not have socialized loss today either
[2015-11-03 23:43:24] BitMEX_Sam : We're working on a transparent mechanism that will move that price to be more in line with the market, without opening it up to manipulation.
[2015-11-03 23:43:51] BitMEX_Sam : Yes, but OKC has a much larger loss fund, higher liquidity, and less leverage
[2015-11-03 23:43:55] MeeGee : kk, I will have to let that settle in to get it completely, but the main question is answered - mark price is the settlement amount, and what my PL is calculated on, and if I want to exit earlier I have to take what's on offer
[2015-11-03 23:44:23] BitMEX_Sam : Right. But if you enter and exit before settlement, your PNL is simply calculated by the price you bought and sold at
[2015-11-03 23:44:34] BitMEX_Sam : mark price doesn't enter into it. It's only for determining when we trigger liquidations.
[2015-11-03 23:44:46] MeeGee : so, say, if I happen to be holding a good short here on weekly, and friday I hold til settlement I will get that index price
[2015-11-03 23:45:01] BitMEX_Sam : You'll get whatever the XBX index settles on, Friday at 12 UTC
[2015-11-03 23:45:06] BitMEX_Sam : https://tradeblock.com/markets/index/
[2015-11-03 23:45:08] MeeGee : ok
[2015-11-03 23:45:14] MeeGee : yeah I will read that more thoroughly cheers
[2015-11-03 23:45:41] MeeGee : but mark price is based on that index right?
[2015-11-03 23:45:43] BitMEX_Sam : Technically we actually do a 2H TWAP of the price on Friday for 7D
[2015-11-03 23:45:47] BitMEX_Sam : But the effect is the same.
[2015-11-03 23:45:49] wurstgelee : time for resuming moon journey =)
[2015-11-03 23:45:50] BitMEX_Sam : MeeGee: Yes
[2015-11-03 23:45:53] MeeGee : TWAP stands for?
[2015-11-03 23:46:00] MeeGee : average of something?
[2015-11-03 23:46:03] Murch : ups
[2015-11-03 23:46:18] Murch : Time Weighted Average Price?
[2015-11-03 23:46:22] MeeGee : yeah
[2015-11-03 23:46:26] MeeGee : makes sense ;)
[2015-11-03 23:46:36] MeeGee : learn by doing, not by reading :D
[2015-11-03 23:46:44] Murch : lol
[2015-11-03 23:46:44] MeeGee : (sometimes)
[2015-11-03 23:46:52] BitMEX_Sam : If you insist on learning by doing, you might want to try the Testnet
[2015-11-03 23:46:57] BitMEX_Sam : Could be an expensive mistake :)
[2015-11-03 23:47:10] MeeGee : nono, it's 1% of account
[2015-11-03 23:47:19] MeeGee : all good
[2015-11-03 23:47:23] BitMEX_Sam : :)
[2015-11-03 23:47:30] MeeGee : always learn better with the real deal
[2015-11-03 23:47:35] Murch : I also learned by doing.
[2015-11-03 23:47:45] Murch : It's a much faster learn that way too.
[2015-11-03 23:47:48] MeeGee : learned that okcoin stops can get ignored
[2015-11-03 23:47:55] MeeGee : hehe, okcoin
[2015-11-03 23:48:00] MeeGee : OK COIN
[2015-11-03 23:48:03] BitMEX_Sam : :)
[2015-11-03 23:48:13] BitMEX_Sam : We've had people think that here before. Two things about stops that you need to know:
[2015-11-03 23:48:23] BitMEX_Sam : 1. It's triggered based on the mark price, not last price, and
[2015-11-03 23:48:37] BitMEX_Sam : 2. Stop Limits need to have a limit price deeper than the stop price if you want to make sure it executes against the market.
[2015-11-03 23:48:38] MeeGee : yeah, I'm gonna play this differently until I get the hang of it, my margin call is my stop until I use larger position
[2015-11-03 23:48:59] Murch : I was doing that earlier but it wasn't working for me.
[2015-11-03 23:49:00] BitMEX_Sam : Otherwise your stop could execute, your order goes into the book, but the price has passed it by
[2015-11-03 23:49:13] Murch : Since you only get .5% movement leeway on your entire position.
[2015-11-03 23:49:24] Murch : Not to mention the huge premium there is at times.
[2015-11-03 23:49:26] MeeGee : yeah, using non isolated margin
[2015-11-03 23:49:26] babybaby : BitMEX_Sam: i cannot close my position and take profit
[2015-11-03 23:49:42] BitMEX_Sam : babybaby: What's the error?
[2015-11-03 23:49:50] babybaby : BitMEX_Sam: iclose market doesnt work
[2015-11-03 23:50:02] MeeGee : anyways, cheers, gl
[2015-11-03 23:50:03] BitMEX_Sam : Try entering a limit order for the opposite of your position
[2015-11-03 23:50:05] babybaby : BitMEX_Sam: says i dont have enough funds
[2015-11-03 23:50:08] BitMEX_Sam : Say, if you are long 1000, sell 1000
[2015-11-03 23:50:15] Murch : you too
[2015-11-03 23:50:20] BitMEX_Sam : We are doing some overhauls on the market orders very shortly that will prevent overzealous risk checks like this one
[2015-11-03 23:50:22] babybaby : BitMEX_Sam: i cant it says insufficent funds
[2015-11-03 23:50:32] BitMEX_Sam : Hold on let me check your account.
[2015-11-03 23:50:54] babybaby : BitMEX_Sam: ok, i have no idea how to take profit
[2015-11-03 23:51:03] babybaby : close market wont work
[2015-11-03 23:51:14] Murch : Never use close market lol
[2015-11-03 23:51:30] babybaby : well nothign works to take profit of this :P
[2015-11-03 23:51:36] Murch : If your position is long, then you close it by selling.
[2015-11-03 23:51:49] Murch : And vice versa if you're short
[2015-11-03 23:51:52] babybaby : im short and i cannot buy back coz i have less money left than are invested
[2015-11-03 23:52:01] babybaby : i put 0.03 to short and i have just 0.01 left
[2015-11-03 23:52:11] Murch : On the daily?
[2015-11-03 23:52:17] BitMEX_Sam : Usually exiting a position does not cost anything.
[2015-11-03 23:52:34] Murch : You have to close the other orders your have open.
[2015-11-03 23:52:37] babybaby : BitMEX_Sam: can u just check my account? :) i ve no idea how to exit this
[2015-11-03 23:52:54] Murch : Go to your orders and close the ones that you don't want
[2015-11-03 23:53:01] Murch : Then you can close your position with a limit order.
[2015-11-03 23:53:03] babybaby : theres none
[2015-11-03 23:53:16] Murch : What's the liquidation price?
[2015-11-03 23:53:25] babybaby : i have positions [1]
[2015-11-03 23:53:28] babybaby : nothign in active
[2015-11-03 23:53:41] babybaby : and order history says cancelled
[2015-11-03 23:53:56] Murch : Okay what does it say for Liq Price on your open position?
[2015-11-03 23:54:14] babybaby : Murch: http://i.imgur.com/sP6keed.png i dont know wheres the liq price
[2015-11-03 23:54:25] babybaby : 412.91
[2015-11-03 23:54:34] babybaby : i entered with 500 contracts
[2015-11-03 23:54:53] wurstgelee : if youre long, dont sell
[2015-11-03 23:54:58] Murch : That's your problem
[2015-11-03 23:54:58] babybaby : im short
[2015-11-03 23:55:04] sleger : i cant enter an order anymore
[2015-11-03 23:55:05] Murch : You can't close above your liquidation price
[2015-11-03 23:55:10] wurstgelee : only my personal opinion pfc
[2015-11-03 23:55:15] babybaby : Murch: so hat to do?
[2015-11-03 23:55:17] wurstgelee : oh, youre fucked then
[2015-11-03 23:55:19] wurstgelee : sorry :/
[2015-11-03 23:55:20] babybaby : im on profit now
[2015-11-03 23:55:23] Murch : Sorry man you
[2015-11-03 23:55:24] babybaby : i want to take profit
[2015-11-03 23:55:28] Murch : you're screwed
[2015-11-03 23:55:29] wurstgelee : only regarding mark price
[2015-11-03 23:55:33] babybaby : lol really?
[2015-11-03 23:55:35] Murch : You're in profit in regards to the mark price.
[2015-11-03 23:55:36] wurstgelee : yep
[2015-11-03 23:55:43] Murch : Not in regards to what's in the order book.
[2015-11-03 23:55:44] babybaby : so im on profit but actually im on loss?
[2015-11-03 23:55:45] sleger : oh it went through after 30sec
[2015-11-03 23:55:53] Murch : You'll only get that profit after the daily settlement.
[2015-11-03 23:55:59] Murch : In 12 hours.
[2015-11-03 23:56:09] babybaby : Murch: so this order has to stay live for 12 hours?!
[2015-11-03 23:56:18] wurstgelee : you need orders to sell or buy before settlement
[2015-11-03 23:56:19] Murch : pretty much.. :(
[2015-11-03 23:56:29] wurstgelee : sory, were going up
[2015-11-03 23:56:33] wurstgelee : *sorry
[2015-11-03 23:56:34] BitMEX_Sam : hang on
[2015-11-03 23:56:36] babybaby : Murch: when i went short last time i could cancel it right away. why so?
[2015-11-03 23:56:50] babybaby : this doesnt make sense, im on profit and cant take it meh
[2015-11-03 23:56:52] BitMEX_Sam : babybaby: The issue is that the market isn't buying at a price that you would be profitable at
[2015-11-03 23:56:57] Murch : babybaby: there were probably orders available for you to close on.
[2015-11-03 23:57:07] BitMEX_Sam : You're seeing unrealised profit, but that is based on the mark price which is 410
[2015-11-03 23:57:14] babybaby : ohh ok
[2015-11-03 23:57:18] BitMEX_Sam : the market is not selling at 410
[2015-11-03 23:57:28] BitMEX_Sam : You would have to buy at 421 which would be very unprofitable for you
[2015-11-03 23:57:50] babybaby : so i just have to wait and see yes?
[2015-11-03 23:58:02] Murch : Is your position still open? o_O
[2015-11-03 23:58:24] Murch : Oh nvm, 413 you said?
[2015-11-03 23:58:45] Murch : That's why 100x margin is dangerous though.
[2015-11-03 23:59:01] Murch : One wrong market bump and you're shit outta luck
[2015-11-03 23:59:02] BitMEX_Sam : Yes, I would not recommend going full 100x in this volatility
[2015-11-03 23:59:22] Murch : Wise words hahaha
[2015-11-03 23:59:57] babybaby : still open
[2015-11-03 23:59:59] babybaby : :)
[2015-11-04 00:00:11] babybaby : oi guys we have to dump BTC to make up for my nonclosable position
[2015-11-04 00:00:16] wurstgelee : not for long...412 u said?
[2015-11-04 00:00:37] Murch : Alright, everybody... puuuush
[2015-11-04 00:00:46] wurstgelee : hehe
[2015-11-04 00:00:48] BitMEX_Sam : basis is absolutely insane right now
[2015-11-04 00:00:53] BitMEX_Sam : daily $18 above spot
[2015-11-04 00:00:59] BitMEX_Sam : That's a heck of a premium to pay.
[2015-11-04 00:01:13] Murch : Yeah isolate margin is not workable at all in these conditions.
[2015-11-04 00:01:22] BitMEX_Sam : Yeah, it's tough.
[2015-11-04 00:01:27] Murch : Unless you're shorting small amounts or something.
[2015-11-04 00:01:28] wurstgelee : i just msold some with -23% regarding mark price but made >100% profit
[2015-11-04 00:01:31] wurstgelee : just saying....
[2015-11-04 00:01:33] wurstgelee : ;)
[2015-11-04 00:01:41] babybaby : poor baby lost mooniez almost
[2015-11-04 00:01:58] Murch : Yeah it's fine with cross margin but impossible with isolated
[2015-11-04 00:02:08] wurstgelee : yep
[2015-11-04 00:02:27] wurstgelee : open cross, then isolate does work tho
[2015-11-04 00:02:30] BitMEX_Sam : yeah
[2015-11-04 00:02:32] Murch : True
[2015-11-04 00:02:34] BitMEX_Sam : that will refill the position
[2015-11-04 00:02:40] BitMEX_Sam : then you can add more margin after the fact
[2015-11-04 00:02:51] Murch : Fuck isolate though I'd rather just sit here and watch it
[2015-11-04 00:02:52] wurstgelee : i do this with this crazy volatility
[2015-11-04 00:02:59] wurstgelee : otherwise i gets expensive fast
[2015-11-04 00:03:27] wurstgelee : *it ofc
[2015-11-04 00:04:34] Murch : I chopped myself to bits in this pennant.
[2015-11-04 00:04:52] wurstgelee : how did that happen?
[2015-11-04 00:05:13] Murch : Panicking on this weird book
[2015-11-04 00:05:13] SnackyCoins : heh i did too actually
[2015-11-04 00:05:20] SnackyCoins : down ~2btc
[2015-11-04 00:05:25] Murch : The premium keeps shifting
[2015-11-04 00:05:29] Murch : damn D:
[2015-11-04 00:05:47] wurstgelee : fuck the premium. china and finex are all that counts ;)
[2015-11-04 00:06:16] SnackyCoins : going long a 35$ premium on a daily contract is hard ;)
[2015-11-04 00:06:32] sleger : +1
[2015-11-04 00:06:35] wurstgelee : yep. it doesnt feel right somehow
[2015-11-04 00:06:39] wurstgelee : ;)
[2015-11-04 00:07:01] BitMEX_Sam : hahaha
[2015-11-04 00:07:55] wurstgelee : simply ignoring the fair price helps tho
[2015-11-04 00:08:15] wurstgelee : orders here move according to china and finex
[2015-11-04 00:08:29] wurstgelee : so it doesnt really matter as long as you have margin
[2015-11-04 00:10:50] babybaby : what bitcoin hedging?
[2015-11-04 00:11:43] BitMEX_Sam : FYI Yubikeys are now available for two-factor authentication, if you have one
[2015-11-04 00:12:06] wurstgelee : twf when your position is @ -63.3% after opening it
[2015-11-04 00:12:22] Murch : Every tim
[2015-11-04 00:12:48] wurstgelee : but you have a decent profit once this turns from red to green ;)
[2015-11-04 00:12:55] Murch : Deliver me to libertarian heaven, China
[2015-11-04 00:13:53] singularity321 : ^ ahahaha
[2015-11-04 00:14:47] wurstgelee : who is selling now..and why? ;)
[2015-11-04 00:15:35] Satoshi : still half boner
[2015-11-04 00:15:36] Murch : Price is goin up, on a Tuesday
[2015-11-04 00:16:20] Murch : After a reload too
[2015-11-04 00:16:51] Murch : The first time past 400 was really sketch, but it seems stronger this time.
[2015-11-04 00:17:24] wurstgelee : yes
[2015-11-04 00:17:30] Satoshi : yes this time full strong boner soon
[2015-11-04 00:18:35] singularity321 : forwards not backwards, upwards not forwards and always twirling, twirling, twirling to success
[2015-11-04 00:18:59] BitMEX_Sam : :+1: would read again
[2015-11-04 00:21:52] Murch : As long as I can double my account for the next 10-15 days in a row, I think I can retire :D
[2015-11-04 00:22:35] Swedishnut : yeah my goal is 121 btc
[2015-11-04 00:23:06] Swedishnut : not without some tough learning along the way but climbing there slowly
[2015-11-04 00:23:55] Murch : It would be a win win win if that coincides with another meteoric price rise.
[2015-11-04 00:24:16] wurstgelee : why 121?
[2015-11-04 00:25:41] Swedishnut : well if I can create more I will but it is a "sound" number in my mind
[2015-11-04 00:25:55] podizzler3000 : when are the new features gonna roll out?
[2015-11-04 00:25:58] wurstgelee : hehe
[2015-11-04 00:26:20] wurstgelee : small correction please
[2015-11-04 00:26:22] wurstgelee : thanks
[2015-11-04 00:26:48] Swedishnut : this roller coaster though has me queezy
[2015-11-04 00:28:08] Murch : Yeah probably cause it's facing vertically upward and hasn't actually come down yet.
[2015-11-04 00:29:16] Murch : #btfd
[2015-11-04 00:29:47] wurstgelee : there it is
[2015-11-04 00:29:50] wurstgelee : :D
[2015-11-04 00:33:29] micmix : lockhedge, are you there?
[2015-11-04 00:35:22] AudibleScience : BitMEX_Sam: I have a weird lag at the moment... not sure if it's my PC or is it the site?
[2015-11-04 00:35:38] mwalshe99 : AudibleScience: try restarting your browser
[2015-11-04 00:36:45] SnackyCoins : refreshing the page has fixed nearly every problem i've had here
[2015-11-04 00:37:46] limsta08 : Hi, I don't see my deposit getting credited, could you check?
[2015-11-04 00:37:50] limsta08 : 3BMEXhry9uoPjfUCHsbdaMUgaDs9pk2TCb
[2015-11-04 00:40:06] limsta08 : I see it now...after refreshing. thanks
[2015-11-04 00:40:54] Swedishnut : huobi is cranking the arm of btc-e and coinbase etc... everyone following them yet again
[2015-11-04 00:44:42] Murch : Where da volume at hoobi?
[2015-11-04 00:46:18] 1z6 : onion down?
[2015-11-04 00:46:24] Murch : On a random note, I cannot wait for alts to start popping left and right.
[2015-11-04 00:47:44] SnackyCoins : hidden service is going away, bitmex has to be able to prove to america that it is doing it's best not to allow americans on the site
[2015-11-04 00:49:37] 1z6 : your serious.
[2015-11-04 00:49:40] 1z6 : the blog post is gone
[2015-11-04 00:49:40] Murch : land uf the frie
[2015-11-04 00:52:08] Satoshi : whos making those 3500 orders lol
[2015-11-04 00:52:25] SnackyCoins : maybe it's 2500+1000 :)
[2015-11-04 00:52:31] Satoshi : nah
[2015-11-04 00:52:34] Satoshi : its a bot lol
[2015-11-04 00:52:55] Satoshi : but whos bot :P
[2015-11-04 00:53:08] micmix : Satoshi: it's a market maker bot. we lost a big one with 10k+ orders, only small one left
[2015-11-04 00:53:08] mwalshe99 : Satoshi: nice username
[2015-11-04 00:54:10] Satoshi : micmix: sorry to hear that, i tried to use the bot (python) but i prefer something gui
[2015-11-04 00:54:20] Satoshi : mwalshe99: thanks :D
[2015-11-04 00:54:25] micmix : Satoshi: might be the same MM bot that decreased quote size bc of high volatility
[2015-11-04 00:55:08] Swedishnut : is it Good morning in China yet?
[2015-11-04 00:55:50] Satoshi : Swedishnut: yes its 9am
[2015-11-04 00:56:18] Swedishnut : nice :) yeah it appears people are waking up
[2015-11-04 01:00:03] jung1 : http://coinorama.net/
[2015-11-04 01:00:12] jung1 : good charts
[2015-11-04 01:10:47] Swedishnut : yep looks like a healthy tumbling toddler
[2015-11-04 01:11:13] Swedishnut : folks simply need to start feeding it an allowance
[2015-11-04 01:14:02] wurstgelee : everybody too scared to buy :p
[2015-11-04 01:14:18] Satoshi : im trying to run MM bot : ERROR - ws_thread - Couldn't connect to WS! Exiting.
[2015-11-04 01:19:58] Swedishnut : I think it is now painful to buy if you had been used to 225-250... 2nd, Fiat is "strong ((USD wise)" thus it is getting much cash outs I'm sure and there are people awaiting xfers
[2015-11-04 01:20:32] Liivet : xfers?
[2015-11-04 01:20:39] jung1 : yeah its a bit gambling now
[2015-11-04 01:20:44] Murch : Markets can have short term memory loss haha
[2015-11-04 01:20:45] jung1 : but I think it will go up
[2015-11-04 01:21:38] jung1 : and its suicide to open daily when market can change $15 in 5min
[2015-11-04 01:21:51] wurstgelee : no, its great ;)
[2015-11-04 01:22:09] jung1 : pure gambling
[2015-11-04 01:22:09] wurstgelee : bought the small dump @ 418.81 average =)
[2015-11-04 01:22:09] Swedishnut : yeah people feel it is gambling at this point. All the same next month they may never think twice if it hits these "lows" again
[2015-11-04 01:22:29] SnackyCoins : you don't have to go 100x you know
[2015-11-04 01:22:45] SnackyCoins : my acct is never more than 6, maybe 7x max
[2015-11-04 01:22:47] Murch : go big or go home
[2015-11-04 01:23:11] jung1 : wait what
[2015-11-04 01:23:21] jung1 : how you can change it on daily?
[2015-11-04 01:23:36] Murch : He means his account total leverage
[2015-11-04 01:23:45] jung1 : oh
[2015-11-04 01:23:49] SnackyCoins : you can either go cross margin by unchecking the isolate margin checkbox (after open) or in the order options setting to cross
[2015-11-04 01:23:50] jung1 : yeah that I know
[2015-11-04 01:23:56] SnackyCoins : or you can click the +B
[2015-11-04 01:24:01] SnackyCoins : +B and manually add margin
[2015-11-04 01:24:17] SnackyCoins : double in your margin and now you are 50x
[2015-11-04 01:24:25] SnackyCoins : or add even more
[2015-11-04 01:24:51] SnackyCoins : the +B is blue and appears in the Margin column on your open positions
[2015-11-04 01:26:07] Murch : Yeeeeeee buddy
[2015-11-04 01:28:49] jung1 : http://www.cryptocoincharts.info/investment_club/trader/262/BestProfit
[2015-11-04 01:29:00] jung1 : Profit / Loss +68,182.63 %
[2015-11-04 01:29:04] jung1 : : |
[2015-11-04 01:30:12] Murch : seems legit
[2015-11-04 01:31:56] Murch : 200.03% This is where most people would stop pushing their luck.
[2015-11-04 01:32:01] wurstgelee : sold that dump i bought earlier for 250%
[2015-11-04 01:32:13] wurstgelee : yeah, i felt like pushing to much above 200
[2015-11-04 01:32:27] wurstgelee : anyways...gnight! ;)
[2015-11-04 01:32:33] Murch : Night man
[2015-11-04 01:33:20] Murch : I guess I'll be sensible
[2015-11-04 01:40:27] CrazyC : wats with the bitmex 3500 bot
[2015-11-04 01:40:43] Yumi : its market maker bot
[2015-11-04 01:40:47] Matthew.v : YEah screw that thing
[2015-11-04 01:40:55] Matthew.v : I get choped by it
[2015-11-04 01:41:01] podizzler3000 : haha
[2015-11-04 01:41:05] IChTj4OeMavRq6qeIyEb : Then it's working correctly
[2015-11-04 01:41:09] podizzler3000 : anti bot people crack me up
[2015-11-04 01:41:41] Yumi : it provides liquidity
[2015-11-04 01:42:04] Swedishnut : necessary evil
[2015-11-04 01:43:15] SnackyCoins : i love that bot, it isn't made for trending markets
[2015-11-04 01:44:24] SnackyCoins : you can get filled pretty quick on 24h these days if you have a top of the book limit order
[2015-11-04 01:44:52] Juicers27ss : we going high!!!!! read the news www.nasdaqtoday.com
[2015-11-04 01:44:53] nickhnt : I Like this bot too
[2015-11-04 01:45:10] nickhnt : I think the bot is getting rekt
[2015-11-04 01:45:22] messiaen8844 : http://www.coindesk.com/overstock-rumor-nasdaq-to-blockchain-platform/
[2015-11-04 01:45:45] Juicers27ss : watch the video!
[2015-11-04 01:45:58] messiaen8844 : all your blockchain are belong to us
[2015-11-04 01:47:42] Satoshi : DO NOT RUN THAT LINK
[2015-11-04 01:47:52] Satoshi : FLASH EXPLOIT
[2015-11-04 01:48:39] podizzler3000 : thanks for the link. although i clicked the exe and nothing happened and the file disappeared
[2015-11-04 01:48:40] podizzler3000 : weird
[2015-11-04 01:48:54] podizzler3000 : ill try again on my other computer
[2015-11-04 01:49:08] Satoshi : try to scan your pc!!
[2015-11-04 01:49:26] podizzler3000 : bro i try every night its just small and unimpressive
[2015-11-04 01:49:42] nickhnt : Linux 4 life
[2015-11-04 01:49:54] SnackyCoins : ^
[2015-11-04 01:50:04] podizzler3000 : gaming is rough go on linux
[2015-11-04 01:50:12] podizzler3000 : or else i might try that minty mint
[2015-11-04 01:50:15] nickhnt : True
[2015-11-04 01:50:18] SnackyCoins : steambox is linux
[2015-11-04 01:50:20] podizzler3000 : big sell wall on bitstamp
[2015-11-04 01:50:37] SnackyCoins : unreal engine and unity5 both just put out linux SDK's
[2015-11-04 01:50:45] nickhnt : Yeah steambox gonna change that
[2015-11-04 01:50:53] IChTj4OeMavRq6qeIyEb : podizzler3000: 420 BTC? Not that big
[2015-11-04 01:50:54] Satoshi : if you run the exe then this exe disappeared then it mean its 100% trojan in stealth mode lol
[2015-11-04 01:50:59] SnackyCoins : dota2 runs better on linux than it did on windows on my machine :)
[2015-11-04 01:51:15] SnackyCoins : yep to what satoshi said
[2015-11-04 01:51:26] Juicers27ss : http://www.nasdaqtoday.com/Overstock-has-confirmed-that-Nasdaq-is-using-blockchain
[2015-11-04 01:51:34] SnackyCoins : can we get a ban for this guy?
[2015-11-04 01:51:42] Satoshi : Juicers27ss: go away bitch
[2015-11-04 01:52:14] SnackyCoins : is that you adam lol
[2015-11-04 01:53:39] nickhnt : Yeah if the file disappeared then you are infected
[2015-11-04 01:53:50] nickhnt : I got hacked last year Like this
[2015-11-04 01:54:06] nickhnt : They took 1.7 btcs from my bitfinex account
[2015-11-04 01:54:20] podizzler3000 : that reminds me i should probably 2fa
[2015-11-04 01:54:43] Satoshi : podizzler3000: u should disconnect internet now and scan pc
[2015-11-04 01:54:51] nickhnt : Always 2fa
[2015-11-04 01:54:54] Satoshi : + change all passwords and shit
[2015-11-04 01:55:02] nickhnt : Delete cookies
[2015-11-04 01:55:07] nickhnt : History
[2015-11-04 01:55:52] Satoshi : most important passwords + disconnect internet + spent any bitcoin on hot wallet with no password !
[2015-11-04 01:56:11] Satoshi : spend*/move
[2015-11-04 01:57:30] nickhnt : Yeah listen to satoshi
[2015-11-04 01:57:39] nickhnt : Hes the man
[2015-11-04 01:59:29] Satoshi : nickhnt: lol i think he already in panic mode and shut down pc
[2015-11-04 02:00:29] jung1 : damn what a ride
[2015-11-04 02:00:35] SnackyCoins : it's a good idea to set flash to only run when you right click -> run plugin
[2015-11-04 02:00:42] SnackyCoins : or just uninstall flash.
[2015-11-04 02:00:48] SnackyCoins : then stop installing flash
[2015-11-04 02:01:06] SnackyCoins : youtube doesn't use flash
[2015-11-04 02:01:12] jung1 : we will not see $400 anymore in near future
[2015-11-04 02:01:35] hanoosh : SnackyCoins:yes flash 0days are all over the place these days
[2015-11-04 02:01:58] nickhnt : Holy shitt
[2015-11-04 02:02:11] nickhnt : Glad i boughr the dip xd
[2015-11-04 02:03:10] jung1 : chart looks so familiar with '13
[2015-11-04 02:03:23] jung1 : but much stronger
[2015-11-04 02:04:02] nickhnt : jung1: how much do you think it will top?
[2015-11-04 02:04:34] jung1 : hard to say but I bet we will hit ath in this year
[2015-11-04 02:05:10] jung1 : then maybe some dump and right pump around may/june before halving
[2015-11-04 02:05:44] gaoMex : PSA: DPE on XBTZ15 and XBTH16.
[2015-11-04 02:06:39] nickhnt : I think it can go to 5k at may or april
[2015-11-04 02:06:54] jung1 : possible
[2015-11-04 02:08:49] jung1 : too many good news. UE vat decision, gemini with insitute traders, nasdaq running on blockchain, China recently capped overseas cash withdrawals
[2015-11-04 02:09:32] jung1 : people starting understand that they have another option to store money in digital way
[2015-11-04 02:09:56] joequant : China has always capped overseas withdrawals.
[2015-11-04 02:10:12] joequant : Most of what you read about China in the bitcoin press is non-sense.
[2015-11-04 02:10:26] jung1 : its not hard to imagine bitcoin on 100k someday
[2015-11-04 02:10:48] imapotato : its not hard to imagine bitcoin on 100k by friday
[2015-11-04 02:11:33] nickhnt : And with the financial system going to a black hole, bitcoin seems Like a safe heaven
[2015-11-04 02:11:42] Swedishnut : yeah its money math. bitcoin has a huge market yet to capture
[2015-11-04 02:13:42] jung1 : question is where will be next floor for btc
[2015-11-04 02:13:50] imapotato : what happened to XBY24H premium
[2015-11-04 02:13:56] sleger : i thought the idiot market was already pretty well covered :)
[2015-11-04 02:14:08] jung1 : psyhological could be $1000
[2015-11-04 02:14:13] jung1 : after correction
[2015-11-04 02:14:16] imapotato : XBT24H*
[2015-11-04 02:14:29] Swedishnut : wherever the fiat finally decides to give in and spend their sacks of paper in their basement. after that wash there will be a floor
[2015-11-04 02:14:51] Swedishnut : whenever*
[2015-11-04 02:15:44] jung1 : but its really powerful pump now
[2015-11-04 02:15:54] jung1 : look at this $50 dump
[2015-11-04 02:16:01] nickhnt : This is nuts
[2015-11-04 02:16:18] jung1 : took 5h to recover
[2015-11-04 02:16:22] jung1 : even not
[2015-11-04 02:16:56] nickhnt : They are buying insanely strong
[2015-11-04 02:17:16] nickhnt : Maybe they know something that we dont
[2015-11-04 02:17:33] imapotato : It's interesting, this being the first major rally with trading spread across so many exchanges.
[2015-11-04 02:17:34] jung1 : 3000 cny tommorow
[2015-11-04 02:17:41] Swedishnut : well when you see your world burning due to negligence it makes sense to take the power of money creation from the fools in charge
[2015-11-04 02:17:52] imapotato : 3000 cny by the end of the hour
[2015-11-04 02:18:14] Satoshi : 3000cny in 30 mins
[2015-11-04 02:18:19] wspbtc : index on daily is catching up. People scared to buy it up and getting rekt?
[2015-11-04 02:18:23] Satoshi : who want to bet ;)
[2015-11-04 02:18:54] jung1 : bet with market
[2015-11-04 02:19:00] podizzler3000 : ok 100x short is in
[2015-11-04 02:19:05] podizzler3000 : annnnnnd its gone
[2015-11-04 02:19:06] spud : How about this for a theory. The market is still so small compared to the real world; no reason this doesn't go crazy. Especially with the diverse infrastructure that is now in place.
[2015-11-04 02:19:31] Satoshi : i take to 3000 for you
[2015-11-04 02:19:36] Swedishnut : sure would be a dream come true if we see a multi thousand dollar spike
[2015-11-04 02:20:02] Swedishnut : just an overwhelming tsunami of funny money
[2015-11-04 02:20:13] podizzler3000 : something like that happens china and usa will just ban it
[2015-11-04 02:20:21] podizzler3000 : if it becomes a threat
[2015-11-04 02:20:27] podizzler3000 : and the price will crash to $50
[2015-11-04 02:20:42] spud : seems hard to ban to me
[2015-11-04 02:20:42] podizzler3000 : unless they got their filthy mitts in it already
[2015-11-04 02:20:58] jung1 : yeah but look on the other side. Much more people use it for shopping and that coins are immidently sold on exchanges + a lot of margin. I has to be really strong group of people who buy it
[2015-11-04 02:20:58] podizzler3000 : hard to ban not really china has done it plenty of times already
[2015-11-04 02:21:01] imapotato : oh no btc banned?
[2015-11-04 02:21:06] spud : podizzler3000: now that is a theory I will not be buying
[2015-11-04 02:21:09] imapotato : better just turn mine in to the gov
[2015-11-04 02:21:09] Swedishnut : btc banned is a joke :P
[2015-11-04 02:21:11] imapotato : gg
[2015-11-04 02:21:31] imapotato : i'd hate for btc to be banned like marijuana
[2015-11-04 02:21:39] imapotato : that would be devastating
[2015-11-04 02:21:50] podizzler3000 : how is it a joke. if they shut down coinbase huobi okcoin and btcchina what do you think would happen
[2015-11-04 02:21:59] spud : imapotato: wait... it's a shame you can't grow your own
[2015-11-04 02:21:59] podizzler3000 : people are going to use btce?
[2015-11-04 02:22:09] spud : imapotato: hmm
[2015-11-04 02:22:15] imapotato : SPUD
[2015-11-04 02:22:19] imapotato : urapotato
[2015-11-04 02:22:26] spud : durp
[2015-11-04 02:22:33] nickhnt : I dont know if i should sell lol
[2015-11-04 02:22:38] nickhnt : Thats the hard part
[2015-11-04 02:22:40] spud : nickhnt: no
[2015-11-04 02:22:42] podizzler3000 : im just playing devils advocate ofc. by all accounts it seems china has given the green light to disrupt things.
[2015-11-04 02:23:05] imapotato : imapotato. urapotato. wuralpotatoes.
[2015-11-04 02:23:05] Swedishnut : look at how effective banning Cannabis has been. People find a way to get what they need. In btc's case it is truth in transactions
[2015-11-04 02:23:05] podizzler3000 : nickhnt sell a %
[2015-11-04 02:23:22] spud : imapotato: shh i will turn you to fries
[2015-11-04 02:23:41] imapotato : spud: pls no
[2015-11-04 02:23:44] podizzler3000 : swedishnut lets be real here nobody is buying btc because of its fundamentals. theyre buying to get in on the bubble ponzi
[2015-11-04 02:23:49] imapotato : DAE notice this local rally has low volume?
[2015-11-04 02:23:51] imapotato : a bit scary
[2015-11-04 02:24:01] nickhnt : I ll wait for 450
[2015-11-04 02:24:05] imapotato : I mean, I'm full retard long atm. But it's scary.
[2015-11-04 02:24:07] nickhnt : Then ill sell
[2015-11-04 02:24:13] podizzler3000 : btc taking over because it is a superior option is a long way away
[2015-11-04 02:24:16] Swedishnut : I'm here to gather enough btc to survive later :P
[2015-11-04 02:24:21] podizzler3000 : we're still in new adopter phase
[2015-11-04 02:24:26] imapotato : hey guys
[2015-11-04 02:24:33] imapotato : I like you, and I'm feeling generous
[2015-11-04 02:24:37] SnackyCoins : it's really bad to be full retard long at this point, we are having $50 candles
[2015-11-04 02:24:41] spud : I switched to 25X and small margin.... got burned being greedy
[2015-11-04 02:24:43] Swedishnut : indeed very new to many people so much learning too if you dive right in
[2015-11-04 02:24:46] Murch : I like you too!
[2015-11-04 02:24:49] SnackyCoins : when it goes down, it goes down faster than it goes up
[2015-11-04 02:24:51] imapotato : So I'll share a money-making method I found with you. It's not *great*, but it's doable.
[2015-11-04 02:24:51] Murch : And everyone!
[2015-11-04 02:24:55] jung1 : podizzler3000: hey podz. have you been trading on mcxnow?
[2015-11-04 02:25:25] nickhnt : Go potato go!
[2015-11-04 02:25:25] podizzler3000 : jung1 haha waiting patiently for mt mox
[2015-11-04 02:25:29] imapotato : There's a "cloud" mining site called nicehash. It's not your typical cloud mining ponzi, because it's actually real hashing power.
[2015-11-04 02:25:38] imapotato : It's basically an exchange where you can buy and sell hashing power.
[2015-11-04 02:25:44] jung1 : podizzler3000: yeah I knew it
[2015-11-04 02:25:47] jung1 : lukaut here
[2015-11-04 02:25:49] jung1 : hehe
[2015-11-04 02:25:49] Murch : Cloud mining is always terrible though
[2015-11-04 02:25:57] imapotato : And again, unlike other cloud services, you get to point the hashing power to any server you want.
[2015-11-04 02:26:00] jung1 : your nickname looks familiar
[2015-11-04 02:26:01] Swedishnut : bitmain offers this service as well and I can attest it paying what is promised
[2015-11-04 02:26:15] imapotato : Murch: I know. Every other one is basically a scam. The ones where you just put BTC in and get less BTC out.
[2015-11-04 02:26:28] imapotato : But this one lets you mine whatever you want and wherever, with other user's hash power.
[2015-11-04 02:26:33] imapotato : Fees are really high (4% on each end)
[2015-11-04 02:26:34] Swedishnut : currently they have PACMic contracts for 1 btc per TH
[2015-11-04 02:26:41] imapotato : But if you leave in low offers, you can sometimes get it cheap.