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.

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[2015-11-04 06:41:29] dynamike23 : did u get gently caressed in the ass
[2015-11-04 06:41:36] Murch : panic buy panic sell panic buy
[2015-11-04 06:41:39] Murch : I am not a smart man
[2015-11-04 06:41:55] SnackyCoins : we try to keep things pg13, family friendly here on the cryptocurrency exchange
[2015-11-04 06:42:31] dynamike23 : loving how this precipitous drop is on lower volume
[2015-11-04 06:42:38] dynamike23 : makes me wonder about wash trading on the way up
[2015-11-04 06:43:30] SnackyCoins : volumizer use was confirmed on houbi over the past few days, during particular points
[2015-11-04 06:43:39] imapotato : up or down
[2015-11-04 06:43:50] IChTj4OeMavRq6qeIyEb : left
[2015-11-04 06:43:51] imapotato : China clinging to 2900
[2015-11-04 06:43:58] SnackyCoins : its wash trading
[2015-11-04 06:44:07] SnackyCoins : they used it more on the up candles if that was your question
[2015-11-04 06:44:08] imapotato : you're wash trading
[2015-11-04 06:44:08] dynamike23 : are we reliving the gox days?
[2015-11-04 06:44:10] Murch : Alright now I'm really going to sleep fuck this
[2015-11-04 06:44:27] BitMEX_Sam : Definitely volumizer, unless you really believe 1.8M coins/day
[2015-11-04 06:44:27] Murch : see you guys tomorrow probably
[2015-11-04 06:45:23] imapotato : 1.8m coins on which day?
[2015-11-04 06:45:28] imapotato : That was me yesterday
[2015-11-04 06:45:29] BitMEX_Sam : today
[2015-11-04 06:45:32] IChTj4OeMavRq6qeIyEb : Cya Murch
[2015-11-04 06:45:34] imapotato : oh I don't know about today
[2015-11-04 06:46:40] dynamike23 : this bitcoin trading game.. its like hot potato
[2015-11-04 06:46:58] dynamike23 : except china has a fake potato
[2015-11-04 06:47:11] imapotato : couldn't have said it better myself
[2015-11-04 06:47:20] Liivet : fake? how?
[2015-11-04 06:47:24] Liivet : volume?
[2015-11-04 06:47:30] imapotato : no the users
[2015-11-04 06:47:41] IChTj4OeMavRq6qeIyEb : imapotato: Are you also on r/BitcoinMarkets?
[2015-11-04 06:47:41] SnackyCoins : chinese bitcoin traders be all like https://i.ytimg.com/vi/ETTyVQrUZt8/maxresdefault.jpg
[2015-11-04 06:47:42] dynamike23 : yea pretty much, my assumption anyhow
[2015-11-04 06:47:42] imapotato : every user on Chinese exchanges is a sock puppet
[2015-11-04 06:47:51] imapotato : what is a r/BitcoinMarkets
[2015-11-04 06:47:59] IChTj4OeMavRq6qeIyEb : lol ok then
[2015-11-04 06:48:06] dynamike23 : SnackyCoins: delicious
[2015-11-04 06:48:13] IChTj4OeMavRq6qeIyEb : Making me hungry
[2015-11-04 06:48:40] imapotato : omg wow
[2015-11-04 06:48:42] imapotato : NSFW tag that please
[2015-11-04 06:48:43] TInvest : fucking what the fuckity fuck
[2015-11-04 06:48:47] imapotato : NSFL tbh
[2015-11-04 06:49:00] SnackyCoins : fucking lol'd
[2015-11-04 06:49:03] TInvest : i've never quite seen it just bounce like this
[2015-11-04 06:49:31] TInvest : it's like it's grabbed a hotel full of hookers and just throwing itself into all of them and intermittantly rolling around in bags of coke
[2015-11-04 06:50:39] dynamike23 : 50k @ 423
[2015-11-04 06:50:43] SnackyCoins : withdraw batch cant come fast enough
[2015-11-04 06:50:49] imapotato : mmm 50k
[2015-11-04 06:50:51] imapotato : closing or opening I wonder
[2015-11-04 06:50:52] dynamike23 : i admire your gaul
[2015-11-04 06:51:09] smagin07 : drop to $10 pleaaaaseeee
[2015-11-04 06:51:12] smagin07 : some of us have bills to pay!
[2015-11-04 06:51:18] imapotato : to $10?
[2015-11-04 06:51:27] smagin07 : $10!
[2015-11-04 06:51:34] smagin07 : $100 would be okay too I guess :)
[2015-11-04 06:52:01] imapotato : Huobi bid wall getting pulled down
[2015-11-04 06:52:03] imapotato : uh oh
[2015-11-04 06:52:49] dynamike23 : easy come easy go
[2015-11-04 06:52:51] imapotato : This not looking good.
[2015-11-04 06:53:05] imapotato : Maybe not a rally-killer, but definitely pessimistic in the very short term.
[2015-11-04 06:53:56] dynamike23 : i'm not brave enough to swim in this
[2015-11-04 06:53:59] imapotato : Correction: very likely not a rally killer (though possible)
[2015-11-04 06:54:13] IChTj4OeMavRq6qeIyEb : imapotato: For sure, although we could be back up to 450 in 30 minutes too. Who knows
[2015-11-04 06:54:41] imapotato : nobooooody knooooows
[2015-11-04 06:54:44] imapotato : the troubleiveseen
[2015-11-04 06:55:06] IChTj4OeMavRq6qeIyEb : lol
[2015-11-04 06:56:04] SnackyCoins : potato makin the calls, gonna get a ton of sweet strange (nsfw) http://i.imgur.com/FjIb4lv.jpg
[2015-11-04 06:56:16] dynamike23 : freaky
[2015-11-04 06:56:51] SnackyCoins : he's probably more into yukon golds 8)
[2015-11-04 06:57:05] imapotato : here we goooo
[2015-11-04 06:57:08] imapotato : gonna get liquidated again
[2015-11-04 06:57:08] imapotato : :'(
[2015-11-04 06:57:48] IChTj4OeMavRq6qeIyEb : It's buy the dip, not sell the dip
[2015-11-04 06:58:04] imapotato : I know. I am not a smart trader.
[2015-11-04 06:58:06] imapotato : I'm a smart holder.
[2015-11-04 06:58:51] IChTj4OeMavRq6qeIyEb : imapotato: I'm in the same boat but this trading is just too addicting. That and I'm doing pretty well which is nice
[2015-11-04 07:00:01] IChTj4OeMavRq6qeIyEb : I'll probably get called eventually but for now I'm having fun
[2015-11-04 07:00:08] imapotato : liq'd
[2015-11-04 07:00:14] imapotato : saved 20% of it with isolated margin
[2015-11-04 07:00:15] SnackyCoins : dat risk management
[2015-11-04 07:00:48] IChTj4OeMavRq6qeIyEb : SnackyCoins: best risk management is not getting called
[2015-11-04 07:01:01] podizzler3000 : everyone still alive
[2015-11-04 07:01:09] IChTj4OeMavRq6qeIyEb : I think so
[2015-11-04 07:01:11] imapotato : I was up about 1 BTC at my peak today, currently down 1.4.
[2015-11-04 07:01:16] 24hourz : lol. I have been stuck trying to sell some of position so that the margin is not too tight. Stop loss ftw
[2015-11-04 07:01:17] podizzler3000 : rollercoasters and 100x dont mix well
[2015-11-04 07:01:18] imapotato : Not the end of the world, but not feeling great about it :\
[2015-11-04 07:01:47] IChTj4OeMavRq6qeIyEb : Definitely don't recommend using the full 100x. 10x is plenty for me
[2015-11-04 07:01:52] SnackyCoins : how long you been trading potato?
[2015-11-04 07:02:00] 24hourz : rollercoaster + 100x is fun timeeeeeee. But it has ruined the regular stock market for me. Ehh who likes fiat anyways
[2015-11-04 07:02:04] imapotato : define trading
[2015-11-04 07:02:08] imapotato : 99% of the days, I just hold BTC
[2015-11-04 07:02:13] imapotato : Been doing that for 2.5 years
[2015-11-04 07:02:15] podizzler3000 : ok sleep time
[2015-11-04 07:02:21] SnackyCoins : buying and selling actively using a chart of some kind
[2015-11-04 07:02:27] imapotato : on rare occasions, I trade.
[2015-11-04 07:03:02] IChTj4OeMavRq6qeIyEb : Almost up 1 BTC. Do I keep going or wait for expiry and cash out?
[2015-11-04 07:03:19] SnackyCoins : profits are profits
[2015-11-04 07:03:25] imapotato : I would wait, cash out everything but profits, and keep rolling with the profits
[2015-11-04 07:03:30] imapotato : But I'm down, so...
[2015-11-04 07:04:10] Scottv53 : IChTj4OeMavRq6qeIyEb: how do you control your your leverage to be 10x when trading xbt24h
[2015-11-04 07:04:14] SnackyCoins : 100x isolated margin is impossible at this time really
[2015-11-04 07:04:26] SnackyCoins : we're moving in such huge swings
[2015-11-04 07:04:34] IChTj4OeMavRq6qeIyEb : imapotato: That is a great idea. Thank you. I need to chill out and not do anything stupid
[2015-11-04 07:04:38] SnackyCoins : 100x was added back when we were flat
[2015-11-04 07:04:50] IChTj4OeMavRq6qeIyEb : Scottv53: I just stop opening positions when I see my margin reaching that level
[2015-11-04 07:04:53] imapotato : IChTj4OeMavRq6qeIyEb: Taking breaks is definitely a good idea.
[2015-11-04 07:06:37] lazerdye : What's up with XBUZ16?
[2015-11-04 07:07:02] imapotato : what about it
[2015-11-04 07:07:22] lazerdye : Bid 308, ask 900
[2015-11-04 07:07:28] IChTj4OeMavRq6qeIyEb : @lazerdye It expires in just under two months so it has a high premium right now
[2015-11-04 07:07:37] IChTj4OeMavRq6qeIyEb : Oh, didn't notice the orderbook
[2015-11-04 07:07:52] IChTj4OeMavRq6qeIyEb : No market maker I guess
[2015-11-04 07:08:30] lazerdye : Gotcha.
[2015-11-04 07:09:09] IChTj4OeMavRq6qeIyEb : I definitely need to write a market maker for this. It's still super illiquid and that would be a good way to make some money if I can write a good bot
[2015-11-04 07:10:58] lazerdye : I have not figured out market making on futures... Buy low/sell high can leave you in a really bad position...
[2015-11-04 07:11:14] roymalmberg : buy high sell higher
[2015-11-04 07:11:22] BitMEX_Wally : lazerdye: It's all about basis
[2015-11-04 07:11:26] BitMEX_Wally : And hedging your delta
[2015-11-04 07:11:58] IChTj4OeMavRq6qeIyEb : BitMEX_Wally: Care to expand on that? I'm new to the market making concept as well
[2015-11-04 07:12:40] SnackyCoins : fun use of 24h contract: hedging your coins against losses while you wait for them to confirm on the blockchain 8)
[2015-11-04 07:13:00] IChTj4OeMavRq6qeIyEb : SnackyCoins: Smart, maybe
[2015-11-04 07:13:15] SnackyCoins : mine took 12h today
[2015-11-04 07:13:22] SnackyCoins : luckily we went up lol
[2015-11-04 07:13:35] dynamike23 : no fee?
[2015-11-04 07:13:39] SnackyCoins : dunno if the blockchain is still a mess but i would advise higher fees
[2015-11-04 07:13:41] imapotato : Use a more appropriate fee.
[2015-11-04 07:13:43] SnackyCoins : no default fee
[2015-11-04 07:13:57] SnackyCoins : default fee has always confirmed quickly for me
[2015-11-04 07:13:59] SnackyCoins : but not today
[2015-11-04 07:14:07] SnackyCoins : and it's not like you can add more fee later
[2015-11-04 07:14:21] imapotato : You can, though.
[2015-11-04 07:14:32] SnackyCoins : oh really?
[2015-11-04 07:14:39] imapotato : Your wallet might make it difficult to do, but with the proper wallet you can.
[2015-11-04 07:14:46] dynamike23 : has 2900 turned into resistance?
[2015-11-04 07:14:52] Swedishnut : Just think like the little engine
[2015-11-04 07:14:54] SnackyCoins : well in this case my wallet is bitmex
[2015-11-04 07:14:54] imapotato : Yeah, you just sign a new transaction and broadcast it.
[2015-11-04 07:15:03] imapotato : Oh
[2015-11-04 07:15:14] imapotato : Well then no, because you don't have the private keys.
[2015-11-04 07:15:56] SnackyCoins : fun fact though, didn't know that was possible
[2015-11-04 07:17:01] imapotato : Yep. That's tangentially related to how Bitcoin actually works.
[2015-11-04 07:17:23] imapotato : And that's why we have blocks. It's a way of weeding out double-spend transactions.
[2015-11-04 07:19:21] IChTj4OeMavRq6qeIyEb : The Bitcoin Protocol In-Depth, written by Blockchain Expert imapotato
[2015-11-04 07:19:58] IChTj4OeMavRq6qeIyEb : Tell us about nonces imapotato!
[2015-11-04 07:24:52] IChTj4OeMavRq6qeIyEb : I feel like everyone is dead
[2015-11-04 07:26:58] Swedishnut : not dead :P
[2015-11-04 07:27:16] mikeh : why does Actual/Liq Lev show 200x? thought 100x was max and the default
[2015-11-04 07:27:34] Gaomex : Website down.
[2015-11-04 07:28:24] IChTj4OeMavRq6qeIyEb : mikeh: Good question. Maybe it has to do with account balance?
[2015-11-04 07:28:32] IChTj4OeMavRq6qeIyEb : Gaomex: It's working for me
[2015-11-04 07:29:27] mikeh : i'm using cross margin, would like to isolate to adjust margin but i'm sure someone will dump right when i do that
[2015-11-04 07:30:24] IChTj4OeMavRq6qeIyEb : mikeh: I'm sure there's a safe way to go about that but I'm not familiar enough with the interface to know what it is
[2015-11-04 07:31:08] gaoMex : ok now
[2015-11-04 07:31:35] BitMEX_Wally : You can tick 'Isolate Margin' and then click the &btc; to add Position Margin
[2015-11-04 07:31:44] BitMEX_Wally : Can be done in under < 1 second :)
[2015-11-04 07:32:05] IChTj4OeMavRq6qeIyEb : *hovers over short button with 1000000 contracts*
[2015-11-04 07:32:23] BitMEX_Wally : Hah the underlying index would need to move to liquidate him
[2015-11-04 07:33:35] IChTj4OeMavRq6qeIyEb : BitMEX_Wally: accidentally sold XBTZ15 instead of XBT24H. Anything I can do?
[2015-11-04 07:33:47] gaoMex : BitMEX_Wally: any chance XLT can be promoted to attract liquidity?
[2015-11-04 07:34:25] BitMEX_Wally : IChTj4OeMavRq6qeIyEb: Put a bid on XBTZ15 and someone might trade with you
[2015-11-04 07:34:41] BitMEX_Wally : gaoMex: We need to find a market maker for XLT, and maybe increase leverage too
[2015-11-04 07:35:08] IChTj4OeMavRq6qeIyEb : BitMEX_Wally: Ok thanks. That was a dumb mistake
[2015-11-04 07:36:30] gaoMex : Huobi no longer offers XLT futures. Woodchipper offers only inverse futures.
[2015-11-04 07:37:11] gaoMex : Might attract users if XLT can be improved.
[2015-11-04 07:37:38] gaoMex : Based on 2013 experience, LTC pumping is next.
[2015-11-04 07:44:58] IChTj4OeMavRq6qeIyEb : Someone want to be the short to my buy on XBTZ15 for $460? Messed up and placed an order on accident
[2015-11-04 07:45:35] IChTj4OeMavRq6qeIyEb : Now this bot is trying to get in front of me. Not cool
[2015-11-04 07:51:36] BitMEX_Wally : Looks like you got filled?
[2015-11-04 07:51:55] mikeh : so 200% ROE = double, anything less than 100% = loss? (seems odd because it shows green under 100%)
[2015-11-04 07:52:11] BitMEX_Wally : 0% ROE means no profit or loss
[2015-11-04 07:52:21] BitMEX_Wally : 100% ROE means you have doubled your money
[2015-11-04 07:52:26] imapotato : But what does 200% ROE mean
[2015-11-04 07:52:40] kogroken : triple
[2015-11-04 07:52:41] mikeh : strange then, I sold at 200% and received money back + 5%
[2015-11-04 07:53:10] BitMEX_Wally : It is 200% return on equity, i.e. the initial margin (1% when isolated)
[2015-11-04 07:53:20] imapotato : ok but will it blend?
[2015-11-04 07:53:34] wspbtc : hey guys, why is nobody willing to short ltc right now?
[2015-11-04 07:53:35] wspbtc : lol
[2015-11-04 07:54:57] IChTj4OeMavRq6qeIyEb : BitMEX_Wally I decided to market sell. Lost some profits but I don't have to worry about it anymore and I definitely won't make that mistake againb
[2015-11-04 07:54:59] IChTj4OeMavRq6qeIyEb : *again
[2015-11-04 07:55:09] mikeh : oh, so my return wasn't 100x because of cross margin? (it currently says 3.72x/200x)
[2015-11-04 07:55:24] laisee : becos when BTC drops $50 all will rush into LTC
[2015-11-04 07:57:09] laisee : another attempt on Mt 3ooo looms
[2015-11-04 07:57:17] SnackyCoins : Wally, at this point most of my account is withheld profits leaving me with only a small amount of available margin. If i am on cross margin, only the excess is at risk in a liquidation correct?
[2015-11-04 07:57:44] SnackyCoins : excess+position margin
[2015-11-04 07:57:44] BitMEX_Wally : SnackyCoins: Yes
[2015-11-04 07:57:52] SnackyCoins : excellent :)
[2015-11-04 07:58:13] SnackyCoins : good enough stoploss for me then
[2015-11-04 07:58:15] BitMEX_Wally : The unrealised profits might be subject to DPE but probably not
[2015-11-04 07:58:53] SnackyCoins : Yeah i noticed it is already down from earlier. Nice system :)
[2015-11-04 07:58:59] mikeh : so cross and isolate don't affect return, it's just risk management?
[2015-11-04 07:59:43] kogroken : Are expected DPE losses for different contracts visible somewhere?
[2015-11-04 08:00:02] SnackyCoins : it's on the contract krog
[2015-11-04 08:00:11] SnackyCoins : next to the fair price
[2015-11-04 08:00:18] SnackyCoins : (on advanced ui anyway)
[2015-11-04 08:00:37] SnackyCoins : man these gaps on 5min houbi
[2015-11-04 08:02:06] BitMEX_Wally : mikeh: Correct, cross and isolate is purely about where you want the liquidation price to be
[2015-11-04 08:02:25] BitMEX_Wally : XBT24H and XBT7D currently have 0.00% profit adjustment
[2015-11-04 08:02:30] BitMEX_Wally : It's published in real time.
[2015-11-04 08:02:40] mikeh : thanks
[2015-11-04 08:02:53] BitMEX_Wally : You'll see that XBTZ15 and XBTH16 currently have an expected loss of around 6%
[2015-11-04 08:03:29] BitMEX_Wally : That means that any profits since rebalancing will be subject to a 6% tax (if those liquidations don't get closed out)
[2015-11-04 08:03:41] BitMEX_Wally : Hopefully the market will dip a little between now and Friday and they'll get cleared out
[2015-11-04 08:03:49] kogroken : Hmm, looking at the instruments table expanded in advanced view, what's the column name for the expected loss percentage?
[2015-11-04 08:04:33] BitMEX_Wally : `indicativeTaxRate`
[2015-11-04 08:05:00] BitMEX_Wally : Inside the API it is called a 'tax' but in all our docs it is a 'profit adjustment'
[2015-11-04 08:05:28] SnackyCoins : was the 24h contract settle time shifted +4h?
[2015-11-04 08:05:40] BitMEX_Wally : SnackyCoins: Nope, it always settles at 12:00 UTC
[2015-11-04 08:05:49] SnackyCoins : must be a typo
[2015-11-04 08:05:55] SnackyCoins : Expiry Daily at 12:00 (17:00 UTC)
[2015-11-04 08:05:59] BitMEX_Wally : Look at the top right for a count down
[2015-11-04 08:06:02] BitMEX_Wally : Hmmm that's wrong
[2015-11-04 08:06:13] SnackyCoins : ok countdown is what i expected :)
[2015-11-04 08:06:29] kogroken : Well, I don't see an indicativeTaxRate column in the instruments tab (expnaded).
[2015-11-04 08:07:28] BitMEX_Wally : kogroken: Sorry, let me check
[2015-11-04 08:07:39] BitMEX_Wally : SnackyCoins: Where exactly do you see that bad expiry time?
[2015-11-04 08:07:58] SnackyCoins : 24h, selected contract panel, advanced ui
[2015-11-04 08:08:30] BitMEX_Wally : Weird, I see this `Expiry Daily at 20:00 (12:00 UTC)`
[2015-11-04 08:08:55] BitMEX_Wally : What browser version?
[2015-11-04 08:09:01] SnackyCoins : refreshed and it's still like that (been like that all day actually)
[2015-11-04 08:09:04] IChTj4OeMavRq6qeIyEb : here comes the dump
[2015-11-04 08:09:06] SnackyCoins : the countdown is accurate
[2015-11-04 08:09:08] SnackyCoins : chromium
[2015-11-04 08:09:20] SnackyCoins : linux
[2015-11-04 08:09:51] IChTj4OeMavRq6qeIyEb : @BitMEX_Wally I'm still seeing this bug too. "This contract settles on the .XBT30M index value every Invalid date at 05:00 (12:00 UTC)"
[2015-11-04 08:10:12] BitMEX_Wally : SnackyCoins: Could you take a screenshot and send it to support@bitmex.com with the full Chromium version string?
[2015-11-04 08:10:23] SnackyCoins : sure
[2015-11-04 08:10:26] BitMEX_Wally : Thanks :)
[2015-11-04 08:11:15] mikeh : why does setting an ask price for my long take from my balance? seems i'm creating a short instead
[2015-11-04 08:11:37] BitMEX_Wally : mikeh: Is the ask price below the mark price?
[2015-11-04 08:11:47] mikeh : no
[2015-11-04 08:11:54] BitMEX_Wally : You might have some other sell orders open
[2015-11-04 08:12:05] mikeh : i have a stop limit
[2015-11-04 08:12:07] BitMEX_Wally : Ahh
[2015-11-04 08:12:17] BitMEX_Wally : I am rolling out a change to fix that
[2015-11-04 08:12:33] mikeh : oh ok, glad it wasn't just my noobness
[2015-11-04 08:12:55] BitMEX_Wally : Basically if you have a long position it will offset against any init margin requirement of an open sell order
[2015-11-04 08:13:21] BitMEX_Wally : But if you are long 100 and have stop limit sell for 100 then it cannot also offset against an open sell limit (for now)
[2015-11-04 08:13:32] BitMEX_Wally : We are changing it so that StopLimit orders do not undergo risk checks until they are triggered
[2015-11-04 08:14:23] BitMEX_Wally : Although in this case an existing sell order might then prevent the stop limit from triggering..
[2015-11-04 08:15:05] mikeh : ouch, guess i'll just use an alarm for an upward move
[2015-11-04 08:22:55] BitMEX_Wally : kogroken: I am not sure why the 'Profit Adjustment' is not showing on the instrument table. You can click through each of the contracts and you'll see it in the Selected Contract widget
[2015-11-04 08:23:55] BitMEX_Wally : Or in the Basic layout it is in the middle of the Orderbook
[2015-11-04 08:26:10] kogroken : Thanks! Overlooked the profit adjustment percent value in that window earlier
[2015-11-04 08:57:42] mikeh : stop limit triggered at 439.9, limit of 437.75 and just bypassed again, pointless
[2015-11-04 08:59:44] BitMEX_Wally : mikeh: Sorry to hear that. Maybe we could add Guaranteed Stop orders
[2015-11-04 09:00:20] mikeh : i don't understand how they are skipped as it is
[2015-11-04 09:00:39] BitMEX_Wally : They are not skipped, you order entered the order book to sell at 437.75
[2015-11-04 09:00:48] BitMEX_Wally : It's just that no-one wanted to buy
[2015-11-04 09:00:55] BitMEX_Wally : They had already dropped their bids down
[2015-11-04 09:01:39] BitMEX_Wally : Maybe we could trigger Stop orders based on the bid price rather than the mark price.
[2015-11-04 09:02:40] mikeh : hmm, yeah I'm not used to the price moving without a buyer
[2015-11-04 09:03:54] irbbqu : So it's impossible for the MM bot to frontrun?
[2015-11-04 09:05:26] BitMEX_Wally : irbbqu: Yes, orders are processed with price then time priority. Market Makers have no special treatment except lower fees
[2015-11-04 09:05:49] irbbqu : Okay cool
[2015-11-04 09:06:06] BitMEX_Wally : When the system takes over a position and liquidates it those liquidation orders appear in the order book
[2015-11-04 09:11:43] JACOBcze : hi guys, what does Bitcoin Hedging mean (XBU)?
[2015-11-04 09:13:30] BitMEX_Wally : JACOBcze: It means that selling XBU is like selling Bitcoin for dollars.
[2015-11-04 09:13:49] BitMEX_Wally : One contract of XBU is always worth 100 USD
[2015-11-04 09:13:51] BitMEX_Wally : (in bitcoin)
[2015-11-04 09:14:24] BitMEX_Wally : So you can use it to lock in the dollar price of some Bitcoin without actually selling all the Bitcoin on a spot exchange
[2015-11-04 09:15:27] JACOBcze : i see
[2015-11-04 09:15:49] JACOBcze : so you sort of keep bitcoin but dont lose value if it drops?
[2015-11-04 09:16:12] macios15 : BitMEX_Wally: withraws are made bofre or after set
[2015-11-04 09:16:35] BitMEX_Wally : JACOBcze: Correct
[2015-11-04 09:16:51] BitMEX_Wally : macios15: I don't understand your question?
[2015-11-04 09:17:07] BitMEX_Wally : Ahh, withdrawals are processed 1 hour after settlement time
[2015-11-04 09:17:21] BitMEX_Wally : Settlement is 12:00 UTC and withdrawals are 13:00 UTC
[2015-11-04 09:19:46] mikeh : so is there currently no way to guarantee avoiding liquidation? like if I'm in a good 300% position, I can't rely on stop limits to take profit if there's a reversal, are there other options?
[2015-11-04 09:21:45] BitMEX_Wally : If you are long, then I would recommend setting the limit price as your liquidation price and the trigger price higher
[2015-11-04 09:21:58] BitMEX_Wally : At least 5 USD higher
[2015-11-04 09:22:21] BitMEX_Wally : We are working on adding Stop Market orders (so you don't need to worry about a limit price)
[2015-11-04 09:22:33] BitMEX_Wally : The changes are in the trading engine, we just need to add it to the front end
[2015-11-04 09:26:15] mikeh : ok, will try that again.. 3rd time lucky
[2015-11-04 09:29:46] wurstgelee : mewn :D
[2015-11-04 09:30:18] roymalmberg : Tengo un camiseta blanco
[2015-11-04 09:49:56] Mido : Wally
[2015-11-04 09:50:44] Mido : Could you do something so I wouldn't have to wait for friday to withdraw my profit :F?
[2015-11-04 09:50:53] Mido : I need it asap
[2015-11-04 09:51:21] BitMEX_Wally : Mido: Any XBT24H profit will be available in 2 hours
[2015-11-04 09:51:36] Mido : i was playing 7d :(
[2015-11-04 09:59:25] Mido : So no chance and I have to wait 2 days?
[2015-11-04 09:59:53] BitMEX_Wally : Mido: Sorry, the PNL is withheld incase of a system loss and everyone is subject to DPE equally
[2015-11-04 09:59:53] wurstgelee : i think so
[2015-11-04 10:22:30] roymalmberg : What happens if we have a flash crash? and price drops 90%?
[2015-11-04 10:24:44] BitMEX_Wally : roymalmberg: The trade block index deweights exchanges that have flash crashses
[2015-11-04 10:24:58] BitMEX_Wally : So it would have to be a real crash across all exchanges for the TradeBlock index to move
[2015-11-04 10:25:21] BitMEX_Wally : If the price of XBT24H crashes 90% but spot stays the same then no-one will be liqudiated
[2015-11-04 10:25:27] BitMEX_Wally : But there might be some tasty profits to make :)
[2015-11-04 10:25:36] roymalmberg : Okey! Has this changed from this summer?
[2015-11-04 10:25:58] roymalmberg : I heard there was a flash crash
[2015-11-04 10:26:48] BitMEX_Wally : Since we launched highly leveraged contracts back in August we have marked these contracts to an underlying index price
[2015-11-04 10:39:12] nickhnt : This is completely insane
[2015-11-04 10:40:00] BitMEX_Wally : nickhnt: Spot at 448
[2015-11-04 10:40:25] wurstgelee : yes
[2015-11-04 10:40:31] BitMEX_Wally : Not had much sleep for a while
[2015-11-04 10:40:35] nickhnt : 475 here we go
[2015-11-04 10:40:37] wurstgelee : insanity. i love it
[2015-11-04 10:41:13] wurstgelee : tweets of people lacking serious sleep deprivation are mooning. ;)
[2015-11-04 10:41:21] wurstgelee : *suffering, not lacking
[2015-11-04 10:41:41] wurstgelee : finex 455
[2015-11-04 10:41:59] nickhnt : Its Like Someone is printing money and buying bitcoin ;)
[2015-11-04 10:42:24] habibi : 24h under finex wow
[2015-11-04 10:42:40] wurstgelee : i like how finex just made a new high ;)
[2015-11-04 10:42:43] BitMEX_Wally : Glitchfinex have their bank accounts in Taiwan
[2015-11-04 10:42:59] BitMEX_Wally : Everyone with USD is buying Bitcoin on there so they can withdraw it
[2015-11-04 10:44:08] nickhnt : 3000 cny is going to explode
[2015-11-04 10:44:10] wurstgelee : yep
[2015-11-04 10:44:35] wurstgelee : punched right through it
[2015-11-04 10:44:37] laisee : one way ticket ...2 the moon
[2015-11-04 10:44:38] IChTj4OeMavRq6qeIyEb : this is insane
[2015-11-04 10:44:52] habibi : this is Willy!
[2015-11-04 10:44:58] wurstgelee : thank gawd for having an it job and being able to trade the whole day ;)
[2015-11-04 10:45:09] podizzler3000 : yo yoooooooooooooo
[2015-11-04 10:45:13] podizzler3000 : meep meep
[2015-11-04 10:45:19] wurstgelee : podizzler3000: :D :D :D
[2015-11-04 10:45:49] wurstgelee : finex 460... oO
[2015-11-04 10:46:18] habibi : stamp woke up
[2015-11-04 10:46:24] germanjew : where was the crash?
[2015-11-04 10:46:42] nickhnt : wurstgelee: i feel you lol
[2015-11-04 10:46:58] nickhnt : Same thing here
[2015-11-04 10:47:03] wurstgelee : g_gravity in btc universe
[2015-11-04 10:47:08] wurstgelee : 0 :)
[2015-11-04 10:47:30] laisee : 1 way ticket ... 1 way ticket ... ooh wooo ...
[2015-11-04 10:47:55] wurstgelee : 3040...
[2015-11-04 10:47:57] wurstgelee : omg
[2015-11-04 10:48:30] gustavo7 : holeee
[2015-11-04 10:49:50] gustavo7 : okcoin frozen?
[2015-11-04 10:54:57] justinlooking : has been fucked for me since last night
[2015-11-04 10:57:18] nickhnt : Do you think maybe se can climb $300 in a day?
[2015-11-04 10:57:25] nickhnt : Like the last bubble
[2015-11-04 10:58:31] nickhnt : Because this is a freaking exponential curve
[2015-11-04 10:58:43] germanjew : is there somewhere other than on the Positions tab where I can enable/disable isolate margin?
[2015-11-04 10:59:12] BitMEX_Wally : Yes, a tick box at the far right
[2015-11-04 10:59:26] BitMEX_Wally : Under the 'Isolate Margin' column
[2015-11-04 10:59:30] germanjew : on which screen?
[2015-11-04 10:59:37] BitMEX_Wally : Sorry, you meant other than position
[2015-11-04 10:59:50] BitMEX_Wally : Yes, on the Order Controls
[2015-11-04 10:59:56] BitMEX_Wally : Under the 'Order Options' drop down
[2015-11-04 11:00:04] BitMEX_Wally : 'Margin Type (XBT24H) IsolatedCross'
[2015-11-04 11:00:08] germanjew : perfect thanks
[2015-11-04 11:00:21] justinlooking : yes i do nick
[2015-11-04 11:00:52] justinlooking : ltc just popped 10% in 10 mins
[2015-11-04 11:02:22] roymalmberg : honestly, this is great
[2015-11-04 11:02:58] justinlooking : truly obscene rally, can't bring myself to sell a thing
[2015-11-04 11:03:10] roymalmberg : dont sell then :D
[2015-11-04 11:03:32] roymalmberg : I mean, Im used to trading large cap stocks etc
[2015-11-04 11:03:46] roymalmberg : now this is even better than most small caps
[2015-11-04 11:04:39] macios15 : wtf is happening, 4500 cny today lol
[2015-11-04 11:04:44] wurstgelee : haha
[2015-11-04 11:04:57] macios15 : with easy
[2015-11-04 11:05:03] justinlooking : 4500 are u mental
[2015-11-04 11:05:09] macios15 : i think is last part of bubble
[2015-11-04 11:05:26] macios15 : at gox 300$ last day up
[2015-11-04 11:05:56] macios15 : no im not mental, yesterday was 2400
[2015-11-04 11:06:00] roymalmberg : well, this could just be the start, you checked bubble 2011, 2013 and 2014?
[2015-11-04 11:06:03] justinlooking : how can anyone consider calling a top when it's like this?
[2015-11-04 11:06:37] macios15 : justinlooking: 3188 lol
[2015-11-04 11:06:45] justinlooking : ^^
[2015-11-04 11:07:21] wurstgelee : watching in awe
[2015-11-04 11:07:35] macios15 : fuck i cant play before set
[2015-11-04 11:08:55] macios15 : 3,5k in next hour then little corection i think
[2015-11-04 11:10:07] nickhnt : Mental is my weekly roe
[2015-11-04 11:10:12] nickhnt : Lol
[2015-11-04 11:12:30] macios15 : look at chart, this is happening exacly 2 years later
[2015-11-04 11:12:41] justinlooking : pity not ROI nickhnt!
[2015-11-04 11:12:43] wurstgelee : yes!
[2015-11-04 11:12:46] macios15 : even 1W candle is similar to that nov 4 2013
[2015-11-04 11:15:14] Scottv53 : BitMEX_Wally: can i assume that the XBT24H price wii equall to the index price XBT30M wich is 377.16 at expirey
[2015-11-04 11:15:22] podizzler3000 : macios15 calls 4500 cny!
[2015-11-04 11:17:54] macios15 : i called 2k cny, i called 2,5k 3k
[2015-11-04 11:18:09] macios15 : podizzler3000: i even called 1k $ on 30 sep
[2015-11-04 11:18:20] macios15 : i need to start taking money for this
[2015-11-04 11:18:39] Yumi : Scottv53: 377.16 from yesterday
[2015-11-04 11:19:25] macios15 : we started this bubble exacly 2 years when gox bubble started, and from 2x starting point in price soo top could be at 1k $ 2k $ or 4k $
[2015-11-04 11:19:28] macios15 : take your bet
[2015-11-04 11:20:04] macios15 : i think another spike to 3300 before settement
[2015-11-04 11:20:07] Gemz : macios15: damn son u must be a billionaire then
[2015-11-04 11:20:35] macios15 : Gemz: i made only 10x from sunday, no im not
[2015-11-04 11:21:13] Gemz : nice, i made 600% yesterday
[2015-11-04 11:21:41] macios15 : i wonder whos money it is if we all make profit :D
[2015-11-04 11:21:55] habibi : little chineesee guys money
[2015-11-04 11:22:19] Gemz : trading daily needs some balls
[2015-11-04 11:22:29] Gemz : i did it yesterday, pure adrenaline
[2015-11-04 11:22:54] IChTj4OeMavRq6qeIyEb : Trading daily is pretty fun. What do you usually trade @Gemz?
[2015-11-04 11:23:00] macios15 : i sold right before that daily drop
[2015-11-04 11:23:27] Liivet : what is the practical difference in isolating a single order to 100x? it used to vary before I clicked the box
[2015-11-04 11:23:38] Gemz : IChTj4OeMavRq6qeIyEb: i like the xbz15, more of a swing trader
[2015-11-04 11:23:53] Gemz : bad experiences with daytrading
[2015-11-04 11:24:14] macios15 : what price do you think this would pop
[2015-11-04 11:24:45] wurstgelee : it doesnt even look like dumping after that recent pump
[2015-11-04 11:24:54] nickhnt : Only buy the dips and then close your laptop
[2015-11-04 11:24:57] Gemz : million dollar question, but i think 500 might give some resistance
[2015-11-04 11:24:59] nickhnt : The path to success
[2015-11-04 11:26:24] nickhnt : See, every rally up we consolidate and then another leg up and then consolidate and so on...
[2015-11-04 11:26:33] macios15 : Gemz: good point, but if 500 wont stop its whats next stop? like 680 lol
[2015-11-04 11:26:38] Gemz : resistance we are now seeing is from that double top from the finex weekly chart
[2015-11-04 11:27:35] macios15 : Gemz: i got that feeling we retrece this week to 435 and then next week another solid green dildo bigger then last one
[2015-11-04 11:27:46] macios15 : just tu cut this top
[2015-11-04 11:28:40] macios15 : bad calculation
[2015-11-04 11:28:52] macios15 : sory
[2015-11-04 11:28:53] IChTj4OeMavRq6qeIyEb : @macios15 I think if this is truly a bubble like the previous ones there's unlikely to be any week long retracement
[2015-11-04 11:29:05] wurstgelee : i doubt that we dont see another green candle before the auction
[2015-11-04 11:29:13] jung1 : looks unhealthy
[2015-11-04 11:29:24] wurstgelee : its parabolic, how can that look healthy? ;)
[2015-11-04 11:29:34] macios15 : IChTj4OeMavRq6qeIyEb: yes i noticed that, 1 min ago, but if we hit like 6k cny this week it need to cut 1/4 of 1W candle
[2015-11-04 11:30:52] macios15 : when i called 2k cny 2 weeks ago nobody listened :D
[2015-11-04 11:31:22] Liivet : there will be some short fixing
[2015-11-04 11:31:31] Liivet : correction*
[2015-11-04 11:31:44] macios15 : whats finex short/ long ammount
[2015-11-04 11:32:08] Liivet : Not sure where I can find it
[2015-11-04 11:32:09] justinlooking : bloodbath / cartwheels
[2015-11-04 11:34:24] Liivet : https://bfxdata.com/sentiment/longshort.php this?
[2015-11-04 11:36:03] macios15 : if this pops we gona see 50% retrece in 1 day
[2015-11-04 11:36:14] macios15 : count what profit u made on daily
[2015-11-04 11:37:25] Liivet : you think it will pop before daily settlement?
[2015-11-04 11:37:31] macios15 : nooo
[2015-11-04 11:37:33] Liivet : looks to go strong
[2015-11-04 11:37:42] macios15 : i think more about 1-4k $
[2015-11-04 11:37:49] macios15 : first option
[2015-11-04 11:38:03] macios15 : or its going to pop before 500-600 if its dead cat bounce
[2015-11-04 11:38:05] messiaen8844 : pop will be hard, but there's just no sign of it
[2015-11-04 11:38:20] messiaen8844 : and when it pops, people will crazily buy it again
[2015-11-04 11:38:25] macios15 : yes
[2015-11-04 11:38:38] macios15 : that wont be buys but closing shorts
[2015-11-04 11:38:57] Liivet : anybody wanna give a quick explanation of what isolated margin vs cross margin is?
[2015-11-04 11:39:35] Liivet : does it make a difference on just one position?
[2015-11-04 11:39:38] BitMEX_Wally : Yes
[2015-11-04 11:40:02] BitMEX_Wally : If Isolate Margin is disabled then it will use your whole account balance to fund losses to prevent liquidation
[2015-11-04 11:40:05] macios15 : finex is just about to correct
[2015-11-04 11:40:13] BitMEX_Wally : If you toggle 'Isolate Margin' on and off you will see your Liquidation Price change
[2015-11-04 11:40:41] Liivet : aha, that did not make much difference
[2015-11-04 11:40:50] Liivet : in liq price that is
[2015-11-04 11:41:11] BitMEX_Wally : Depends how much excess margin you have in your account
[2015-11-04 11:41:17] messiaen8844 : so, do you use chart software? what works with bitcoin out of the box?
[2015-11-04 11:41:19] Liivet : but the margin x changed a lot
[2015-11-04 11:41:23] laisee : https://bfxdata.com/sentiment/longshort.php
[2015-11-04 11:41:52] BitMEX_Wally : With isolate margin enabled it will start at 100x (i.e. only put in the minimum amount of margin)
[2015-11-04 11:42:49] IChTj4OeMavRq6qeIyEb : The problem with isolate margin is you can be liquidated very quickly right after placing an order in a volatile because the liquidation price is so close at 100x leverage
[2015-11-04 11:43:19] IChTj4OeMavRq6qeIyEb : BitMEX_Wally: Any chance of adding a feature so we can select our default isolate margin leverage?
[2015-11-04 11:43:27] Liivet : I definitely need to read a lot more on this
[2015-11-04 11:43:41] BitMEX_Wally : IChTj4OeMavRq6qeIyEb: Yes we are thinking about letting you choose the leverage at order entry
[2015-11-04 11:43:56] macios15 : BitMEX_Wally: that would be great
[2015-11-04 11:44:13] messiaen8844 : wally yes, that's needed
[2015-11-04 11:44:20] IChTj4OeMavRq6qeIyEb : BitMEX_Wally: that would be awesome
[2015-11-04 11:44:22] jung1 : yep
[2015-11-04 11:44:30] jung1 : up to x1000
[2015-11-04 11:44:34] BitMEX_Wally : Haha
[2015-11-04 11:44:36] messiaen8844 : choosing how much maring and kowning liquidation price before the order is submitted, missing really hard right now
[2015-11-04 11:44:38] JACOBcze : why cant i access XBT charts
[2015-11-04 11:45:44] laisee : x1000 == binary option
[2015-11-04 11:45:56] BitMEX_Wally : JACOBcze: What problem are you seeing with the charts?
[2015-11-04 11:47:07] macios15 : laisee: where
[2015-11-04 11:48:17] hashman : 24hr settles in 20min?
[2015-11-04 11:48:25] IChTj4OeMavRq6qeIyEb : hashman: 12 minutes
[2015-11-04 11:48:27] hashman : 10min..
[2015-11-04 11:48:46] sleger : no 12
[2015-11-04 11:48:57] laisee : macios15: > no place, really. but X10t0 levertage would be an immediate wn or lose, no?
[2015-11-04 11:49:45] IChTj4OeMavRq6qeIyEb : laisee: Might as well play dice
[2015-11-04 11:50:44] laisee : yup ...
[2015-11-04 11:51:15] macios15 : finex dont u dare to to this before set
[2015-11-04 11:51:50] IChTj4OeMavRq6qeIyEb : macios15: Where do you think it's going?
[2015-11-04 11:52:02] macios15 : little correction i think now
[2015-11-04 11:52:10] messiaen8844 : agreed
[2015-11-04 11:52:12] nickhnt : No sellers in december and marcha contracts
[2015-11-04 11:52:14] messiaen8844 : but not that much
[2015-11-04 11:52:32] macios15 : but if finex bounce there is no need for that
[2015-11-04 11:52:35] JACOBcze : when u open deposit place u can no longer access charts before u deposit -_-
[2015-11-04 11:53:33] macios15 : messiaen8844: bounced
[2015-11-04 11:53:50] nickhnt : Another leg up
[2015-11-04 11:53:54] macios15 : here we go up
[2015-11-04 11:54:00] justinlooking : push
[2015-11-04 11:54:01] macios15 : 3300 target
[2015-11-04 11:54:08] macios15 : bulls attack
[2015-11-04 11:55:04] mikeh : if i isolate then adjust margin to like 20x for safety, does switching back to 100x before selling affect returns?
[2015-11-04 11:55:23] IChTj4OeMavRq6qeIyEb : @mikeh nope
[2015-11-04 11:56:13] messiaen8844 : 4 minutes
[2015-11-04 11:56:19] messiaen8844 : no time to long lol
[2015-11-04 11:56:46] Liivet : So it will be a rush towards next contract?
[2015-11-04 11:56:53] Liivet : will it*
[2015-11-04 11:56:58] messiaen8844 : how the change happens?
[2015-11-04 11:57:08] Gemz : messiaen8844: why are there still contracts while the settlement is near? wouldnt they all get acancelled?
[2015-11-04 11:57:09] messiaen8844 : everyone gets liquidated in 3 minutes?
[2015-11-04 11:57:18] macios15 : bull got this green grass pasture, but if bears attack them they gona to be proccesed in to tomato soup
[2015-11-04 11:57:48] justinlooking : Gemz: they leave stuff in to get filled at 0% maker fee, instead of 0.05% taker fee that carrying to settlement attracts
[2015-11-04 11:58:39] justinlooking : Gemz: and yes, at settlement all unfilled orders are cancelled
[2015-11-04 11:59:55] Gemz : so if u are filled before settlement, your open order will carry on to the next day and not getting you out of your position, am i right?
[2015-11-04 11:59:58] BitMEX_Wally : Yes, unless you are a registered market maker, then your orders stay open
[2015-11-04 12:00:14] BitMEX_Wally : If you are filled before settlement then after settlement you will be flat
[2015-11-04 12:00:15] justinlooking : wut! 30 secs to go and suspended already!
[2015-11-04 12:00:32] BitMEX_Wally : justinlooking: Your local clock is wrong
[2015-11-04 12:00:39] wurstgelee : 498?
[2015-11-04 12:00:41] wurstgelee : LOL?
[2015-11-04 12:00:48] justinlooking : too slow
[2015-11-04 12:01:22] wurstgelee : lol really? 499 markt price?
[2015-11-04 12:01:25] wurstgelee : mark
[2015-11-04 12:01:32] macios15 : BitMEX_Wally: you need to adjust that fair price
[2015-11-04 12:01:38] IChTj4OeMavRq6qeIyEb : Why so close to 500?
[2015-11-04 12:01:46] wurstgelee : thats just insane
[2015-11-04 12:01:50] germanjew : 24H is higher than 7D
[2015-11-04 12:01:55] justinlooking : because that's what market thinksprice will be at 12utc tomorrow