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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[2017-01-01 22:47:56] MikeHunt : if you say admin 3 times in the mirror at midnight Sam will appear with a chainsaw behind you
[2017-01-01 22:48:11] Headroom : already tested, it works
[2017-01-01 22:48:42] BitMEX_Sam : :scissors:
[2017-01-01 22:48:50] Headroom : omg omg *running*
[2017-01-01 22:49:45] BitMEX_Sam : ??????
[2017-01-01 22:50:40] BTCDJS : BitMEX_Sam: I started out with 8600 contracts but now I have 8200. I did not sell any. Trade history doesn't show 8600 at all. Why would that happen?
[2017-01-01 22:52:09] justinlooking : BTCDJS: srry dude sounds like pebcak
[2017-01-01 22:52:25] BTCDJS : justinlooking: wat?
[2017-01-01 22:53:24] justinlooking : lmgtfy :P
[2017-01-01 22:53:29] CaptainDean : BTCDJS: you only bought 8200 of the 8600 ?
[2017-01-01 22:53:39] BTCDJS : nope
[2017-01-01 22:53:52] BTCDJS : there is a bug
[2017-01-01 22:54:35] justinlooking : 10000000000000000/1 is a bug
[2017-01-01 22:57:42] BTCDJS : wait a minute
[2017-01-01 22:57:51] BitMEX_Wally : BTCDJS: You bought 8200
[2017-01-01 22:57:56] BTCDJS : My bad.
[2017-01-01 22:58:08] dodic : ahahahha
[2017-01-01 22:58:10] justinlooking : y'fkin derphead
[2017-01-01 22:58:12] BTCDJS : Some how 8600 came into the mix
[2017-01-01 22:58:17] dodic : derp derp derp
[2017-01-01 22:58:21] BTCDJS : derp
[2017-01-01 22:58:24] justinlooking : SCAM!
[2017-01-01 22:58:27] BTCDJS : lol
[2017-01-01 22:58:31] dodic : BitMEX is s scam
[2017-01-01 22:58:37] CaptainDean : humain's brain bug
[2017-01-01 22:58:39] BitMEX_Wally : BTCDJS: No worries :)
[2017-01-01 22:58:40] BTCDJS : Yeah I deserve that lol
[2017-01-01 22:58:41] CaptainDean : ;-)
[2017-01-01 22:58:43] dodic : lol
[2017-01-01 22:58:56] CaptainDean : BTCDJS: shit happens ;-)
[2017-01-01 22:59:03] BitMEX_Sam : ?????
[2017-01-01 22:59:08] Sheriff : Quick question. Is there a fee associated with holding a position on the perpetual swaps?
[2017-01-01 22:59:26] BitMEX_Sam : Sheriff: There can be, see https://www.bitmex.com/app/swapsGuide#Funding
[2017-01-01 22:59:39] BitMEX_Sam : XBTUSD is the only contract with this property.
[2017-01-01 23:00:20] Sheriff : Got it, thanks. Any easier way to calculate the rate than the equations they give?
[2017-01-01 23:00:28] Sheriff : *You give? haha
[2017-01-01 23:01:28] BitMEX_Sam : It's just `position value * rate`.
[2017-01-01 23:01:51] BitMEX_Sam : The calculations just show how we arrive at the rate.
[2017-01-01 23:02:17] Sheriff : Ahh ok gotcha, I see the funding rate on the left. Thank you!
[2017-01-01 23:04:42] alejandromasari : BitMEX_Sam: who are we finding with that .27% every 8 hours?
[2017-01-01 23:04:54] alejandromasari : Funding
[2017-01-01 23:05:05] BitMEX_Sam : Someone on the other side.
[2017-01-01 23:05:17] BTCDJS : sleger
[2017-01-01 23:05:23] justinlooking : ha
[2017-01-01 23:05:26] BitMEX_Sam : The rate depends on what side you are on. For example, if you are short XBTUSD right now, you will receive 0.2787% in 4 hours.
[2017-01-01 23:06:26] alejandromasari : BitMEX_Sam: why do we need to fund the shorts? This a new concept to me. I come from wall st. Shorts don't get funding.
[2017-01-01 23:06:58] BitMEX_Sam : alejandromasari: Because XBTUSD is a perpetual contract with no expiry. Without any tethering mechanism there is no reason why it should follow spot
[2017-01-01 23:07:19] BitMEX_Sam : 8hr funding rates are built to emulate futures basis but paid only during the duration you hold the contract.
[2017-01-01 23:07:21] sleger : "alejandromasari: BitMEX_Sam: why do we need to fund the shorts? This a new concept to me. I come from wall st. Shorts don't get funding."
[2017-01-01 23:07:24] sleger : lol what an idiot
[2017-01-01 23:07:30] BitMEX_Sam : Be nice sleger
[2017-01-01 23:07:38] sleger : he doesnt come from wall st
[2017-01-01 23:07:47] BitMEX_Sam : I understand the confusion regardless, it's a novel contract type
[2017-01-01 23:07:49] Headroom : Sam has a knife
[2017-01-01 23:07:59] BitMEX_Wally : alejandromasari: On Wall Street you pay to borrow USD and you pay to borrow stock. The net payments would be considered funding in total return swap
[2017-01-01 23:08:20] sleger : when you're on margin, wether long or short you DO pay funding
[2017-01-01 23:08:29] sleger : true on any street, wall or not
[2017-01-01 23:08:32] BitMEX_Wally : The borrow rate for USD is higher than the borrow rate for Bitcoin, hence why shorts get paid
[2017-01-01 23:08:42] REKT : Liquidated long on `XBTUSD`: sell 1113 @ 1004.75
[2017-01-01 23:08:42] REKT : Liquidated long on `XBTH17`: sell 1500 @ 1066.85
[2017-01-01 23:08:43] alejandromasari : BitMEX_Wally: yeah you have to pay to borrow a stock
[2017-01-01 23:09:38] alejandromasari : BitMEX_Wally: so if I use xbth17 I can avoid paying funding?
[2017-01-01 23:09:51] MikeHunt : looksing like sell time
[2017-01-01 23:10:04] BitMEX_Wally : alejandromasari: Yes, and by shorting XBTUSD you are paying the Bitcoin borrow rate and earning the USD rate. You can buy XBTH17 instead but of course it trades at a premium
[2017-01-01 23:11:03] alejandromasari : BitMEX_Wally: thanks I'll move to xbth17
[2017-01-01 23:11:53] Sheriff : The premium shouldn't matter too much though considering XBTH17 price is separate from the XBTUSD price though, correct? You're not paying for the same thing
[2017-01-01 23:13:01] REKT : Liquidated long on `XBTUSD`: sell 3500 @ 1001.69
[2017-01-01 23:13:57] aethlios : get ready to get REKTed
[2017-01-01 23:14:11] BTCDJS : aethlios: longs?
[2017-01-01 23:14:18] aethlios : BTCDJS: yes
[2017-01-01 23:14:25] MikeHunt : sell time?
[2017-01-01 23:14:27] BTCDJS : not yet
[2017-01-01 23:15:17] REKT : Liquidated long on `XBTUSD`: sell 5 @ 1000.49
[2017-01-01 23:15:26] aethlios : This time is different....
[2017-01-01 23:15:26] REKT : Liquidated long on `XBTUSD`: sell 700 @ 1000.20
[2017-01-01 23:15:26] REKT : HODL HODL HODL!
[2017-01-01 23:15:46] REKT : Liquidated long on `XBTUSD`: sell 18000 @ 999.50
[2017-01-01 23:15:50] Naloxone : Death to longs!
[2017-01-01 23:16:02] sleger : come to mummy discount
[2017-01-01 23:16:07] aethlios : long live the short, btc dead.
[2017-01-01 23:16:26] BTCDJS : ok now
[2017-01-01 23:16:28] alejandromasari : Chinese taking profits
[2017-01-01 23:16:28] BTCDJS : lol
[2017-01-01 23:16:37] MikeHunt : 970 ?
[2017-01-01 23:16:40] alejandromasari : they just woke up
[2017-01-01 23:16:44] aethlios : 720-740
[2017-01-01 23:17:40] aethlios : hope for that price.
[2017-01-01 23:18:02] alejandromasari : BitMEX_Wally: how do you block ignorant people on this chat?
[2017-01-01 23:18:20] Tr : you thought it would drop but here is a fake buy wall into buying back up, jokes on you (c) Crooked Huobi
[2017-01-01 23:18:46] BTCDJS : aethlios: really that low?
[2017-01-01 23:18:47] sleger : alejandromasari: just type \ban:alejandromasari:
[2017-01-01 23:18:50] l3f : Tr: Short now it's top
[2017-01-01 23:18:59] l3f : price's collapsing
[2017-01-01 23:19:02] Tr : l3f LOL
[2017-01-01 23:19:15] Tr : l3f i am allin long and it wont ever drop below 7100 bro
[2017-01-01 23:19:17] alejandromasari : /ban:sledger
[2017-01-01 23:19:18] Naloxone : Tr: Probably it will correct this time more than 10$
[2017-01-01 23:19:32] BTCDJS : aethlios: I thought you were a bull
[2017-01-01 23:19:45] Tr : you wont see btc under 7000 yuan ever again
[2017-01-01 23:19:47] Tr : mark my words
[2017-01-01 23:19:50] sleger : alejandromasari: cant even copy paste a name properly....
[2017-01-01 23:19:59] alejandromasari : \ban:sleger
[2017-01-01 23:20:05] Angelika : Tr: that's a stupid call
[2017-01-01 23:20:15] aethlios : BTCDJS: I am a bull, closed long positions, but I don't short, wait for 720-740. we go up from 465.
[2017-01-01 23:20:37] aethlios : BTCDJS: https://www.tradingview.com/x/CtbGhJia/
[2017-01-01 23:20:44] Tr : As if China will let it fall ROFL
[2017-01-01 23:20:48] Tr : look already buying back in INSTANTLY
[2017-01-01 23:20:52] alejandromasari : /ban:sleger:
[2017-01-01 23:20:53] BTCDJS : Yeah I know that fib
[2017-01-01 23:21:07] Tr : hahaha
[2017-01-01 23:21:09] Tr : same pattern
[2017-01-01 23:21:16] Tr : buy wall + perfect green ladder
[2017-01-01 23:21:16] BTCDJS : I suppose 1000 is psychological number
[2017-01-01 23:21:18] Tr : love u China
[2017-01-01 23:21:28] Tr : easy long and rolling in profits
[2017-01-01 23:21:32] Tr : 0% chance to be wrong
[2017-01-01 23:21:41] MikeHunt : i suppose the minors dont want to let go
[2017-01-01 23:21:41] sleger : that guy is actually trying to hide me like that lol, he is so funny
[2017-01-01 23:21:58] BTCDJS : lol
[2017-01-01 23:22:02] MikeHunt : miners*
[2017-01-01 23:22:11] Tr : exactly
[2017-01-01 23:22:12] sleger : whoever trusts him to manage their money must be really sad
[2017-01-01 23:22:20] Tr : miners paying off huobi
[2017-01-01 23:22:23] Tr : huobi rigg price
[2017-01-01 23:22:32] Tr : so go long and collect crooked money
[2017-01-01 23:22:43] Tr : from people who think that its a free market that has corrections and TA
[2017-01-01 23:24:54] Tr : instantly rebought back up.
[2017-01-01 23:25:09] Tr : bots are on the case
[2017-01-01 23:25:32] MikeHunt : Tr: china owns bitcoin now, they have crooked market for real, may as well play along for now
[2017-01-01 23:25:38] BTCDJS : aethlios: good chart. My settings for cloud is 20,60,120,30
[2017-01-01 23:25:46] BTCDJS : works very well
[2017-01-01 23:26:51] Tr : i saw some retard on bitcoin reddit claiming that every drop is rebought because people believe in btc technology and message it sends to the people
[2017-01-01 23:26:53] alejandromasari : BitMEX_Wally: so did my ban work?
[2017-01-01 23:27:18] sleger : ^you should quit being a trader and become full time comedian
[2017-01-01 23:27:51] sleger : "trader"
[2017-01-01 23:28:00] alejandromasari : Oh shit that cockroach sleger is back we need stomp on him
[2017-01-01 23:28:08] Tr : no need to trade
[2017-01-01 23:28:14] Tr : just ride the crooked wave of china
[2017-01-01 23:28:17] Tr : into free money
[2017-01-01 23:29:03] MikeHunt : alejandromasari: are you on stocktwits?
[2017-01-01 23:29:48] alejandromasari : MikeHunt: yes I am
[2017-01-01 23:30:05] alejandromasari : /ignore sleger
[2017-01-01 23:30:34] Tr : 50 yuan drop rebough into 10 minutes by 10 perfect green ladder of candles
[2017-01-01 23:30:40] Tr : good luck shorting this legit market
[2017-01-01 23:30:43] sleger : alejandromasari: do people actually give you money ? lol
[2017-01-01 23:31:25] MikeHunt : sleger: so whats your background the sledger?
[2017-01-01 23:31:32] MikeHunt : then*
[2017-01-01 23:31:44] sleger : who is that sledger ?
[2017-01-01 23:31:45] dodic : You guys sound like you might need some tinfoil hats
[2017-01-01 23:31:46] BTCDJS : a view of paris
[2017-01-01 23:32:00] l3f : MikeHunt: making fat stacks is his background
[2017-01-01 23:32:22] alejandromasari : Wow that was a flash drop
[2017-01-01 23:32:34] sleger : MikeHunt: I do HFT
[2017-01-01 23:32:35] alejandromasari : 100x got wrecked
[2017-01-01 23:32:35] Angelika : alejandromasari: only $10
[2017-01-01 23:33:07] Angelika : alejandromasari: of course they got rekt
[2017-01-01 23:33:13] alejandromasari : sleger: you clean toilets is what u dovest
[2017-01-01 23:33:17] Angelika : if you play 100x you will get rekt
[2017-01-01 23:33:31] WhiteJacket : sleger: what is your strategy mate?
[2017-01-01 23:33:32] Tr : dodic yes because somonebody who has complete control of the price WILL NEVER manipulate it to his advanrage, what a crazy thought, CONSPIRACY/FAKE NEWS
[2017-01-01 23:33:33] sleger : alejandromasari: I dovest ?
[2017-01-01 23:33:35] alejandromasari : Do best
[2017-01-01 23:33:55] sleger : alejandromasari: icant say, i havent done it, i have a maid
[2017-01-01 23:34:15] dodic : I was unaware that china was a hive mind
[2017-01-01 23:34:40] Tr : dodic you think its a free market there in China?
[2017-01-01 23:35:04] alejandromasari : I would get rekt if bitcoin drop to 800
[2017-01-01 23:35:20] BTCDJS : this is going sideways for a while I recon
[2017-01-01 23:35:24] sleger : \move_price(bitcoin) = 799
[2017-01-01 23:35:36] alejandromasari : Return 0
[2017-01-01 23:35:37] dodic : you do realize that price manipulation is one of the things that can and does happen in an unregulated free market right?
[2017-01-01 23:36:37] MikeHunt : sleger: any recommended reading material for HFT?
[2017-01-01 23:36:52] alejandromasari : bitcoin price action is smoother than stocks and options
[2017-01-01 23:37:32] WhiteJacket : orders are moving quite fast today
[2017-01-01 23:37:50] Tr : some red candles
[2017-01-01 23:37:51] Tr : dont worry
[2017-01-01 23:37:54] Tr : here comes the rebuy
[2017-01-01 23:37:58] Tr : BOOM
[2017-01-01 23:38:05] Tr : now back up
[2017-01-01 23:38:15] Tr : thats my boy, china
[2017-01-01 23:40:06] MikeHunt : if we can make 1200 ill have made a bit back
[2017-01-01 23:40:46] BTCDJS : Its a buy. Its a sell. China this China that. Moon. Doom. Boom.
[2017-01-01 23:40:47] sleger : MikeHunt: not really any reading material worth it
[2017-01-01 23:40:49] $$ : XMR shooting up
[2017-01-01 23:40:58] MikeHunt : sleger: so how did you learn?
[2017-01-01 23:41:01] BTCDJS : Seriously? pack it in guys
[2017-01-01 23:42:34] REKT : Liquidated short on `XMR7D`: buy 3501 @ 0.014261
[2017-01-01 23:42:46] BTCDJS : MikeHunt: Best way to learn is to fail. First thing that needs to go is the get rich quick idea.
[2017-01-01 23:43:01] sleger : MikeHunt: i learned math and stats in school. Then I worked in an algo desk in a bank before moving to a proprietary trading company
[2017-01-01 23:43:20] BTCDJS : damn
[2017-01-01 23:43:34] WhiteJacket : fair enought
[2017-01-01 23:43:35] tb : what city do you work in sleger?
[2017-01-01 23:43:44] sleger : algo is online
[2017-01-01 23:43:55] sleger : sorry not online but i mean I can work from anywhere
[2017-01-01 23:45:15] BTCDJS : No wonder you laugh at us uneducated noobs who think we can just come in and do trading @sleger
[2017-01-01 23:45:33] sleger : some will make money though
[2017-01-01 23:47:48] alejandromasari : just sold my xmr on that pop on bittrex
[2017-01-01 23:48:44] memes : what price on bittrex?
[2017-01-01 23:48:49] BTCBull : Anyone have a calculator that totals up fees on your trades?
[2017-01-01 23:49:19] alejandromasari : memes: .0014
[2017-01-01 23:49:27] memes : nice
[2017-01-01 23:49:50] BTCDJS : sleger: Do you use TA? Can a trader make money with mostly TA? Im not just talking about drawing lines on a chart
[2017-01-01 23:49:59] MikeHunt : BTCBull: android app Bitcoin Calculator might be handy
[2017-01-01 23:50:00] memes : I'm holding like 360 XMR long term, waiting for .01 :)
[2017-01-01 23:50:15] alejandromasari : memes: i think you will get it. I need to focus on bitcoin now.
[2017-01-01 23:53:29] youknowit : there's not enough liquidity in the eth market here...
[2017-01-01 23:53:54] sleger : BTCDJS: i would say no and no
[2017-01-01 23:56:20] BTCDJS : Shit Im screwed. But how am I getting better at making profit then? I must have secretly learned something else that Im not aware of lol
[2017-01-01 23:58:14] memes : experience perhaps
[2017-01-01 23:58:18] BTCDJS : Or I'm just getting lucky
[2017-01-01 23:58:22] sleger : maybe luck
[2017-01-01 23:58:30] BTCDJS : Oh god please don't say I'm just lucky
[2017-01-01 23:58:36] sleger : maybe you also changed something
[2017-01-01 23:58:36] memes : although for btc right now I mean
[2017-01-01 23:58:44] memes : you can't really lose going long
[2017-01-01 23:58:53] sleger : making money is not easy but losing money is super easy
[2017-01-01 23:59:01] sleger : just buy sell the bid ask, pay fees etc...
[2017-01-02 00:01:52] BTCDJS : memes: true
[2017-01-02 00:02:13] BTCDJS : I only trade here during rallies
[2017-01-02 00:02:57] micmix : Happy New Year everyone!
[2017-01-02 00:03:11] Headroom : what ? again ? 2018 ?
[2017-01-02 00:03:20] BTCDJS : Happy new year
[2017-01-02 00:03:21] MikeHunt : sleder: do you think this will hit 8k?
[2017-01-02 00:03:37] micmix : I see we've got 1k bitcoin, grats :smile:
[2017-01-02 00:04:25] micmix : sleger: how was NYC?
[2017-01-02 00:04:46] lockhedge : micmix: happy new year! did we ever have more than 8.2m open interest on the swap before?
[2017-01-02 00:05:08] sleger : micmix: pretty fun, went to a great party last night, one of my friend bought recently a 20m$ condo so we had a party there. Leaving tom night
[2017-01-02 00:06:01] sleger : MikeHunt: at some point very likely
[2017-01-02 00:06:27] micmix : sleger: nice! nyc is wild on new year eve, I remember when I was working there
[2017-01-02 00:07:06] sleger : i thought it would be even more a wolf of wall st kinda party but still was pretty cool
[2017-01-02 00:07:19] sleger : yeah you have to avoid midtown/times square that day
[2017-01-02 00:09:25] micmix : lockhedge: I'm not tracking open interest but I think I saw close to 10k btc
[2017-01-02 00:09:51] micmix : let me see if I can pull some info
[2017-01-02 00:10:43] lockhedge : micmix: it's not important. just thought it might be a new ath to celebrate
[2017-01-02 00:11:01] micmix : it might be a new ath in usd ;-)
[2017-01-02 00:11:49] micmix : sleger: never been to a wolf of wall st kinda party, I guess I knew wrong people on wall st
[2017-01-02 00:12:27] sleger : there was no midget throwing contest :(
[2017-01-02 00:12:43] micmix : lol
[2017-01-02 00:13:17] Rado : Happy New Year micmix!
[2017-01-02 00:15:14] micmix : lockhedge: /stats/history returns historical volume and turnover, no open interest
[2017-01-02 00:15:29] memes : lol BTC is going to continue to pussyfoot around 1000
[2017-01-02 00:15:48] zach719 : memes: no it wont just give it sometime
[2017-01-02 00:15:56] zach719 : some time
[2017-01-02 00:18:48] micmix : enjoy 1k bitcoin guys, I'm going out!
[2017-01-02 00:23:40] sleger : micmix: enjoy
[2017-01-02 00:31:39] CaptainDean : micmix: later !
[2017-01-02 00:33:05] memes : mm some of the altcoins here are a bit slow
[2017-01-02 00:38:02] pills : when using leverage, do I get charge an interest per day?
[2017-01-02 00:39:41] alejandromasari : pills: you pay interest every 8 hours! 3 times per day
[2017-01-02 00:39:43] Rado : pills: which contract?
[2017-01-02 00:40:16] Rado : alejandromasari: depends if you are long or shot
[2017-01-02 00:40:24] pills : xbt
[2017-01-02 00:40:25] Rado : and what the current rate is
[2017-01-02 00:40:40] Rado : pills: XBTUSD?
[2017-01-02 00:41:02] pills : yes
[2017-01-02 00:41:12] pills : Predicted Funding Rate?
[2017-01-02 00:41:17] Rado : if you are long now you pay interest
[2017-01-02 00:41:38] Rado : 0.28% in 3 hours
[2017-01-02 00:41:50] Rado : predicted rate is just to have an idea
[2017-01-02 00:42:00] Rado : it could change before it is set in 3 hours
[2017-01-02 00:54:02] memes : XMR is at 141 and I cant even open a long here at 142 :(
[2017-01-02 00:59:42] alejandromasari : http://www.coindesk.com/what-will-the-bitcoin-price-be-in-2017/
[2017-01-02 01:18:02] alejandromasari : memes: very illiquid
[2017-01-02 01:25:31] REKT : Liquidated long on `XBTH17`: sell 28500 @ 1058.74
[2017-01-02 01:25:31] REKT : Liquidated long on `XBTH17`: sell 2500 @ 1057.69
[2017-01-02 01:26:46] REKT : Liquidated long on `XBTUSD`: sell 200 @ 998.80
[2017-01-02 01:41:34] REKT : Liquidated short on `ETC7D`: buy 4400 @ 0.001435
[2017-01-02 01:46:55] Freewizard : anyone experienced deleveraging? Is it something that I have to be aware of?
[2017-01-02 01:47:56] MikeHunt : Freewizard: are you in a bad position or just curious?
[2017-01-02 01:54:19] CaptainDean : @Freewizard sure, if you are usign high leverage, your position can be closed if you're in profit while other get rekt
[2017-01-02 01:54:49] CaptainDean : Freewizard: i suggest you read the help about it
[2017-01-02 02:17:48] deep : what is this rekt?
[2017-01-02 02:19:25] MikeHunt : deep: if you get liquidated rekt announces it
[2017-01-02 02:19:30] MikeHunt : or if someone else does
[2017-01-02 02:22:59] deep : i see..so when I see a messege of rekt..means someone's position is closed by the bitmex system?
[2017-01-02 02:26:50] CaptainDean : deep: Rekt is a bot that is listening to the API of Bitmex and annonce the liquidation in the chat
[2017-01-02 02:28:34] deep : ok. understood. Thank you guys and HAppy new Year 2017. MAy u all become rich and bitcoin reaches to 5000 USD by the end of the year
[2017-01-02 02:43:13] $$ : pumping
[2017-01-02 02:43:16] $$ : rekt soons
[2017-01-02 02:43:20] alejandromasari : this is what I call Rekt!! https://twitter.com/whalepool/status/815603915999813632 Trader forced into losing $0.25 Million
[2017-01-02 02:44:22] MikeHunt : alejandromasari: makes my loss look like peanuts
[2017-01-02 02:44:57] Cynthia : <3
[2017-01-02 02:47:31] alejandromasari : https://www.youtube.com/watch?v=tkmxRR9b3QA
[2017-01-02 02:51:16] REKT : Liquidated short on `XBTUSD`: buy 61001 @ 1006.60 **MEGA-REKT** :boom:
[2017-01-02 02:53:09] alejandromasari : LOL they liquidated longs an hour ago
[2017-01-02 02:53:13] alejandromasari : now they liquidate shorts
[2017-01-02 02:53:14] alejandromasari : lol
[2017-01-02 02:53:51] alejandromasari : MikeHunt: I've had huge losses on wallstreet your loss was nothing..
[2017-01-02 02:54:07] tommygunn : REKT:
[2017-01-02 02:54:25] nOgAnOo : Hi
[2017-01-02 02:54:48] alejandromasari : Feliz año nuevo
[2017-01-02 02:55:11] MikeHunt : alejandromasari: dont you get in trouble for that though?
[2017-01-02 02:55:41] alejandromasari : MikeHunt: why would I get in trouble. It is my own money I lost back in 2010
[2017-01-02 02:55:58] alejandromasari : I was still paying my mortgage and bills no problem it was side money for play
[2017-01-02 02:56:01] MikeHunt : alejandromasari: oh right i thought you were trading for some company
[2017-01-02 02:56:20] alejandromasari : MikeHunt: no man I trading for myself and for some clients.
[2017-01-02 02:56:27] alejandromasari : I am not trading for a company
[2017-01-02 02:57:16] deep : where it will stop today?
[2017-01-02 02:57:43] $$ : Xbth17 rekts incoming
[2017-01-02 02:58:00] alejandromasari : deep: xbt > 1049
[2017-01-02 02:58:19] alejandromasari : I want to see shorts get rekt
[2017-01-02 02:58:36] alejandromasari : now I don't feel bad saying since @mikehunt is now net long
[2017-01-02 02:58:52] alejandromasari : MikeHunt: is on the right side of the market now
[2017-01-02 02:58:59] deep : I am looking to take long positions further....
[2017-01-02 02:59:25] alejandromasari : admin are you there?
[2017-01-02 02:59:31] alejandromasari : admin admin admiin
[2017-01-02 02:59:41] REKT : Liquidated short on `XBTUSD`: buy 1500 @ 1009.42
[2017-01-02 02:59:42] $$ : Some big shorts rekt earlier. Need to see over 1100
[2017-01-02 02:59:47] alejandromasari : bitmex_sam: are you there?
[2017-01-02 03:00:21] REKT : Liquidated short on `XBTUSD`: buy 11330 @ 1009.87
[2017-01-02 03:00:21] REKT : Getting chopped to death is fun, everyone should try it!
[2017-01-02 03:01:31] REKT : Liquidated long on `ETC7D`: sell 75 @ 0.001405
[2017-01-02 03:02:27] Cynthia : Is rekt an alert that tells us when someone gets liquidated?
[2017-01-02 03:02:42] MikeHunt : Cynthia: yup
[2017-01-02 03:02:59] Cynthia : Thank you, MikeHunt. :)
[2017-01-02 03:03:26] alejandromasari : Cynthia: yes fun to watch
[2017-01-02 03:05:44] CaptainDean : Rekt is a bot that is listening to the API of Bitmex and annonce the liquidation in the chat
[2017-01-02 03:05:59] CaptainDean : micmix's bot
[2017-01-02 03:08:51] REKT : Liquidated long on `ETC7D`: sell 4706 @ 0.001384
[2017-01-02 03:09:32] REKT : Liquidated short on `XBTUSD`: buy 550 @ 1009.95
[2017-01-02 03:09:32] REKT : Liquidated short on `XBTUSD`: buy 1500 @ 1010.02
[2017-01-02 03:11:26] REKT : Liquidated short on `XBTUSD`: buy 20 @ 1010.27
[2017-01-02 03:11:54] imapotato : I got REKT twice longing BTC too strong
[2017-01-02 03:13:49] cryptobull : okc to 7359
[2017-01-02 03:13:57] MikeHunt : 8k is the goal iirc
[2017-01-02 03:14:02] imapotato : Trying again one last time with a measly 2.5x. Going to try riding out the full rally with this one.
[2017-01-02 03:14:04] l3f : 10k
[2017-01-02 03:14:05] MikeHunt : but the run up might make it more, no idea
[2017-01-02 03:14:08] l3f : is conservative target
[2017-01-02 03:14:12] l3f : :)))
[2017-01-02 03:14:26] MikeHunt : thats why i was scared of holding a short at 935
[2017-01-02 03:14:38] MikeHunt : liq @ 1800 just isnt high enough imo
[2017-01-02 03:16:00] l3f : 2k a coin
[2017-01-02 03:16:03] l3f : (usd)
[2017-01-02 03:16:16] MikeHunt : ill have to get an exponential curve calculator
[2017-01-02 03:16:28] MikeHunt : but with india/china collapsing and soon the west it could go very high
[2017-01-02 03:22:10] $$ : Xbth17 new high
[2017-01-02 03:23:18] alejandromasari : I sold I dont want to pay the shitty fee
[2017-01-02 03:23:27] alejandromasari : I'll go back in h17
[2017-01-02 03:25:53] MikeHunt : alejandromasari: what about the transaction fee?
[2017-01-02 03:26:49] alejandromasari : MikeHunt: I dont want to fund the shorts with my profits
[2017-01-02 03:27:02] REKT : Liquidated short on `XBTH17`: buy 25000 @ 1086.51
[2017-01-02 03:28:31] REKT : Liquidated short on `XBTUSD`: buy 2000 @ 1012.18
[2017-01-02 03:29:52] MikeHunt : alejandromasari: i noticed as a short it sort of evens out
[2017-01-02 03:30:11] MikeHunt : alejandromasari: i got charged and rebated some
[2017-01-02 03:31:12] Rado : MikeHunt: long have been paying way more than shorts
[2017-01-02 03:31:27] Rado : at least in the last 6 months
[2017-01-02 03:31:43] alejandromasari : Rado: exactly my point @mikehunt
[2017-01-02 03:32:03] tradetime : how soon does everyone close their positions before the funding?
[2017-01-02 03:32:10] tradetime : that funding cycle is brutal
[2017-01-02 03:32:28] Rado : tradetime: you should not care about the funding
[2017-01-02 03:32:44] tradetime : why? dont we need to sell before the funding so we dont get hit by it?
[2017-01-02 03:32:45] Rado : BTC is moving way more for the funding to have a real effect on your trades
[2017-01-02 03:32:56] Rado : focus on better entries and exits of your trades
[2017-01-02 03:33:08] tradetime : at 10x leverage this funding alone right now would cost me 3% of my holdings
[2017-01-02 03:33:17] REKT : Liquidated long on `XBTUSD`: sell 10 @ 1010.89
[2017-01-02 03:33:17] REKT : Liquidated long on `XBTUSD`: sell 35000 @ 1011.18
[2017-01-02 03:33:37] tradetime : dang someone got wrecked
[2017-01-02 03:33:51] gartley : lol wow
[2017-01-02 03:33:55] Ben : Caught that drop at 1011 should have placed lower
[2017-01-02 03:34:09] alejandromasari : admin admin admin are you there ?
[2017-01-02 03:34:20] cryptobull : lmao liq fomo long?
[2017-01-02 03:34:20] Cynthia : Bitcoin is going up, ladies. :)
[2017-01-02 03:34:38] alejandromasari : I submitted a post order I still got filled immediately as a taker
[2017-01-02 03:34:40] tradetime : thats some cheap bitcoin since someone knocked it down getting recked
[2017-01-02 03:34:44] cryptobull : thats gotta hurt
[2017-01-02 03:35:39] tradetime : I found an awesome song today
[2017-01-02 03:36:46] ayy_lmao : lmao who is fomo shorting
[2017-01-02 03:37:24] tradetime : I donno but thats REALLY cheap bitcoin, damn 1005? its $10 less than finex
[2017-01-02 03:37:31] tradetime : thats a good opportunity for some 100x... lol
[2017-01-02 03:37:52] cryptoaddict : how do i view graphs?
[2017-01-02 03:38:08] zach719 : tradetime: exactly what i just did lmao
[2017-01-02 03:38:25] tradetime : zach719: well played
[2017-01-02 03:38:31] alejandromasari : cryptoaddict: tradingview.com and search for xbth17
[2017-01-02 03:38:41] tradetime : zach719: you already made 30% in the past minute, good job
[2017-01-02 03:39:02] cryptoaddict : alejandromasari: thanks, ok cool, i use tradingview ty
[2017-01-02 03:39:20] alejandromasari : cryptoaddict: you can also search for xbtusd
[2017-01-02 03:39:58] zach719 : tradetime: yup lol
[2017-01-02 03:41:15] cryptoaddict : alejandromasari: awesome, thanks again, appreciate it
[2017-01-02 03:41:23] alejandromasari : cryptoaddict: glad to help
[2017-01-02 03:41:54] MikeHunt : i just checked and the sum of all the funding as a short was negative
[2017-01-02 03:42:02] MikeHunt : by -0.00345
[2017-01-02 03:43:01] Sheriff : Have you guys noticed any changes in trading when the funding periods are about to hit?
[2017-01-02 03:43:22] odieoh : of course there is
[2017-01-02 03:43:27] alejandromasari : tradetime: I just sold before funding. and trading for xbth17 no more funding problem
[2017-01-02 03:43:41] Sheriff : A lot of selling? @odieoh
[2017-01-02 03:44:06] odieoh : A lot of doing whatever it takes to not be on the bent-over end of the interest
[2017-01-02 03:44:17] alejandromasari : tradetime: come join me in xbth17 no funding bullshit
[2017-01-02 03:44:31] odieoh : Sometimes its buying, sometimes its selling
[2017-01-02 03:45:03] Sheriff : Gotcha
[2017-01-02 03:45:18] Sheriff : How can you tell which one the bent over end is going to be? @odieoh
[2017-01-02 03:46:12] tradetime : alejandromasari: whats the downside to that one though?
[2017-01-02 03:46:38] alejandromasari : tradetime: it is higher in price that's all I think
[2017-01-02 03:46:54] alejandromasari : tradetime: I got tired of selling my long position every 8 hours
[2017-01-02 03:47:09] j8 : you are paying over 30% p.a. if you hold XBTH17 to expiry
[2017-01-02 03:47:26] alejandromasari : I dont plan to hold until expiry
[2017-01-02 03:47:31] j8 : you take the risk of the premium collapsing
[2017-01-02 03:47:37] j8 : and lose 7%
[2017-01-02 03:47:53] Rado : well not really 7%
[2017-01-02 03:48:01] alejandromasari : why would the premium collapse?
[2017-01-02 03:48:03] Rado : it will go down to maybe 4%
[2017-01-02 03:48:14] Rado : because sentiment can change
[2017-01-02 03:48:29] j8 : if sentiment turns, and a lot of longs get liquidated, it can go to zero and negative
[2017-01-02 03:48:29] alejandromasari : ah ok I am only riding for a few days
[2017-01-02 03:48:41] alejandromasari : dont want to pay every 8 hours that's usury
[2017-01-02 03:48:46] alejandromasari : criminal interest rate
[2017-01-02 03:49:08] alejandromasari : 300% annualized lol
[2017-01-02 03:49:14] tradetime : alejandromasari: good call I agree
[2017-01-02 03:49:28] Rado : j8: was this dump because a big short was open for the funding rate?
[2017-01-02 03:49:31] Rado : speculating here
[2017-01-02 03:49:31] alejandromasari : mabye 400% interest rate annualized
[2017-01-02 03:49:47] weather b0y4 : is that rate on the entire position or on the collateral?
[2017-01-02 03:49:55] alejandromasari : entire position!!
[2017-01-02 03:50:01] thiago : alejandromasari: free to choose other exchange
[2017-01-02 03:50:13] weather b0y4 : thanks, ill stick with futures then
[2017-01-02 03:50:19] j8 : Rado: yeah it's a good reason to be trading at -0.25%, but not -0.5%
[2017-01-02 03:51:17] Rado : j8: is it -0.50% now?
[2017-01-02 03:51:29] j8 : no but it was more than that in the selloff
[2017-01-02 03:51:36] Rado : yes
[2017-01-02 03:51:44] Rado : because they needed to get a big position filled
[2017-01-02 03:51:56] Rado : triggered some other orders also
[2017-01-02 03:52:00] Rado : not sure
[2017-01-02 03:52:36] j8 : it's really not worth it to take a position for one funding payment. you have to plan for the next few
[2017-01-02 03:52:45] tradetime : damn thats a huge buy order, 200k contracts
[2017-01-02 03:53:12] weather b0y4 : new money hitting exchanges tomorrow is my reason for leveraging up now
[2017-01-02 03:53:26] alejandromasari : you can short the swap for the funding payment
[2017-01-02 03:53:27] weather b0y4 : hoping it wont backfire on me =)
[2017-01-02 03:53:29] alejandromasari : long the futures
[2017-01-02 03:54:08] Rado : j8: agreed
[2017-01-02 03:54:13] Rado : probably was something else
[2017-01-02 03:54:24] tradetime : dang the xbtusd market is like dead
[2017-01-02 03:54:28] odieoh : Banks closed in the US fyi tomorrow
[2017-01-02 03:54:30] tradetime : hasnt moved in a minute
[2017-01-02 03:54:52] JamesPolo : weather b0y4: how come ?
[2017-01-02 03:55:13] weather b0y4 : how come what?
[2017-01-02 03:55:29] Rado : By the way I think it's a good time to short now for the short term
[2017-01-02 03:55:30] JamesPolo : What do you mean by new money hitting exchanges tomo
[2017-01-02 03:55:37] Rado : China is at $40 premium
[2017-01-02 03:55:45] Rado : it will come down to $10-20
[2017-01-02 03:56:11] odieoh : he means people putting fiat into the crypto system
[2017-01-02 03:56:17] weather b0y4 : people depositing money onto exchanges who are buying into the rally because they saw btc on the news; bank wires credited to account on monday
[2017-01-02 03:56:27] nOgAnOo : BULLWHALE IS IN THE BUILDING
[2017-01-02 03:56:30] alejandromasari : tomorrow banks are closed
[2017-01-02 03:56:32] alejandromasari : lol
[2017-01-02 03:56:33] alejandromasari : holiday
[2017-01-02 03:56:37] weather b0y4 : ok then tuesday
[2017-01-02 03:57:23] Rado : nOgAnOo: that 32 contracts order yours?
[2017-01-02 03:57:30] Sheriff : The current price is lower than my entry price on a long, but im seeing a positive percent return on equity?
[2017-01-02 03:57:38] nOgAnOo : Hey man I lost my 3.50 yesterday shortin 960
[2017-01-02 03:57:45] nOgAnOo : My 10,000 dollar dream is crushed
[2017-01-02 03:57:54] nOgAnOo : You guys were right..
[2017-01-02 03:57:54] alejandromasari : guy don't short
[2017-01-02 03:57:57] l3f : lol at the 275k fomo guy
[2017-01-02 03:57:59] alejandromasari : guys*
[2017-01-02 03:58:26] nOgAnOo : l3f, that was 500k a moment ago hehe
[2017-01-02 03:59:48] zach719 : lmao why bitmex
[2017-01-02 03:59:55] zach719 : why u gotta dump like that
[2017-01-02 04:00:06] nOgAnOo : IT'S OVER
[2017-01-02 04:00:18] zach719 : nOgAnOo: whats over
[2017-01-02 04:00:27] nOgAnOo : The interest rate payment just happened
[2017-01-02 04:00:28] alejandromasari : we are done with the funding
[2017-01-02 04:00:34] alejandromasari : until tomorrow morning
[2017-01-02 04:00:40] zach719 : what do u guys mean
[2017-01-02 04:01:01] REKT : Choppy waters make solid seamen!
[2017-01-02 04:01:01] REKT : Liquidated long on `XBCH17`: sell 777 @ 7584.7
[2017-01-02 04:02:32] REKT : Liquidated long on `XBTH17`: sell 100 @ 1079.02
[2017-01-02 04:04:05] Sheriff : But really can anyone explain why PnL show as positive when the price has gone down on a long position?
[2017-01-02 04:04:11] rapidtrades : suop
[2017-01-02 04:04:18] ayy_lmao : mark price
[2017-01-02 04:04:22] alejandromasari : Sheriff: it is based on mark price
[2017-01-02 04:04:46] rapidtrades : anyone noticed javascript problems...like u cant type in chat and prices dont update
[2017-01-02 04:04:52] Sheriff : Which is different than the spot price that we see? @alejandromasari
[2017-01-02 04:04:52] tradetime : these markets move a little slower than I thought
[2017-01-02 04:04:53] alejandromasari : @Sheriff if your p&l is red it means you are losing
[2017-01-02 04:05:24] zach719 : tradetime: they only do at certain times
[2017-01-02 04:06:22] Sheriff : alejandromasari: Oh ok i see now. Unfortunate, i was seeing 5% positive PnL so i sold but i ended up losing actually because of the spot price i guess
[2017-01-02 04:06:25] rapidtrades : healthy premiums at okc but no premium here
[2017-01-02 04:06:31] rapidtrades : the rally gets stranger
[2017-01-02 04:07:36] j8 : okc premiums are down like 0.75% in a couple hours. swap is short term
[2017-01-02 04:08:04] alejandromasari : @tradetime another downside to futures is that it is more volatile and less liquid
[2017-01-02 04:08:38] rapidtrades : stop making shit up j8!
[2017-01-02 04:08:56] tradetime : does anyone do any market making here?
[2017-01-02 04:08:56] j8 : you're making shit up
[2017-01-02 04:09:04] Sheriff : alejandromasari: Is the immediate "realized PnL" that shows up after a trade due to a fee?
[2017-01-02 04:09:42] alejandromasari : Sheriff: correct, if you get filled as a maker (using limit orders) you get a credit
[2017-01-02 04:10:02] alejandromasari : @Sheriff liquidity credit
[2017-01-02 04:10:19] Sheriff : alejandromasari: Is there a certain percentage of the total position they use to calculate that?
[2017-01-02 04:10:35] alejandromasari : Sheriff: if you get filled as a maker you pay someone else the credit
[2017-01-02 04:10:57] alejandromasari : Sheriff: https://www.bitmex.com/app/fees
[2017-01-02 04:11:25] Sheriff : alejandromasari: Awesome. Thanks for the help man!
[2017-01-02 04:11:47] alejandromasari : Sheriff: you're welcome glad I can help
[2017-01-02 04:16:35] ayy_lmao : wait till funding shorters buy back lol
[2017-01-02 04:17:53] shery : bitmex is lagging behind
[2017-01-02 04:17:59] Sheriff : Hypothetically couldnt you just buy and sell limit orders over and over and rack up the maker payment?
[2017-01-02 04:18:13] alejandromasari : Sheriff: you can
[2017-01-02 04:18:15] ayy_lmao : thats how market makers work
[2017-01-02 04:18:22] laisee : thats called being a market maker
[2017-01-02 04:18:30] alejandromasari : Sheriff: you can create a bot that will buy and sell all day
[2017-01-02 04:18:40] Sheriff : Man i'm learning so much! Hahaha
[2017-01-02 04:18:52] Sheriff : Although i suppose at 0.025% you have to be dealing with huge volume huh
[2017-01-02 04:18:58] laisee : there is sample code on bitmex github site