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

<<  >>  English  中文  Русский  한국어  日本語  Español  Français 
[2017-01-04 17:25:23] imapotato : RIP liquidity, we're entering uncharted waters
[2017-01-04 17:25:31] tommygunn : it goes to shorts
[2017-01-04 17:25:39] chromaticcr1 : RIP hookers and blow fund
[2017-01-04 17:25:53] imapotato : I'm going to take a shower.
[2017-01-04 17:26:07] jung1 : so guys whats your bets on future price?
[2017-01-04 17:26:10] jung1 : any charts?
[2017-01-04 17:26:14] imapotato : jung1: $moon
[2017-01-04 17:26:22] jung1 : that make sense
[2017-01-04 17:26:26] arbitrage001 : they need to uncap the rate
[2017-01-04 17:26:30] fineregex : $500 tomorrow, $1million in year 2150
[2017-01-04 17:26:35] thomaskikansha : that stop loss order was epic...
[2017-01-04 17:26:37] arbitrage001 : jung1: been a while, how things go
[2017-01-04 17:26:42] imapotato : fineregex: believable
[2017-01-04 17:27:06] chester : need xmr, eth, ltc quarterly..
[2017-01-04 17:27:10] sleger : insurance fund will get destroyed because of cap on funding
[2017-01-04 17:27:20] arbitrage001 : yes
[2017-01-04 17:27:23] jung1 : arbitrage001: yeah still in game, had some greate meatings in bitcoin/blockchain fields. currently living in luxembourg
[2017-01-04 17:27:29] jung1 : live is good
[2017-01-04 17:27:30] jung1 : hehe
[2017-01-04 17:27:33] arbitrage001 : lower leverage and raise rate cap
[2017-01-04 17:27:54] arbitrage001 : jung1: must be doing well. i never attend blockchain meeting
[2017-01-04 17:27:58] justinlooking : cny could go over 9000!
[2017-01-04 17:28:03] fineregex : imapotato: see..
[2017-01-04 17:28:04] fineregex : .
[2017-01-04 17:28:19] Apocalyptic : justinlooking: not bad
[2017-01-04 17:28:20] imapotato : omg, I can't wait to say "it's over 9000"
[2017-01-04 17:28:31] jung1 : arbitrage001: you should. look for some on meetup.com
[2017-01-04 17:28:48] sleger : aethlios is watching the rocket from further and further away
[2017-01-04 17:28:55] arbitrage001 : for what reason? you see good opportunity on blockchain meeting?
[2017-01-04 17:29:02] sleger : unless he got margin called on his short H17
[2017-01-04 17:29:43] arbitrage001 : i am actually long h17 and short swap lol
[2017-01-04 17:29:45] jung1 : arbitrage001: and you? ngood trades? eth on short?
[2017-01-04 17:29:54] arbitrage001 : guess the bet paid off
[2017-01-04 17:29:58] imapotato : ugh too much profit
[2017-01-04 17:30:01] imapotato : brought me from 4x to 3x
[2017-01-04 17:30:40] arbitrage001 : jung1: still had some short in the low 700 lol
[2017-01-04 17:31:00] imapotato : Think it's safe to try realizing profits here? (sell contracts, buy back at same price)
[2017-01-04 17:31:23] wurstgelee : taking profits never rekt anyone
[2017-01-04 17:31:46] imapotato : Not "take", just realize and then reopen the same position
[2017-01-04 17:31:53] jung1 : arbitrage001: yeah a lot of great people and simply bitcoin talk with beer is awesome. I actually met antonopoulos , kravchenko from distributed lab/factom and plenty others
[2017-01-04 17:32:05] MrRGnome : imapotato: then that's not really realizing profits just feedin bitmex fees
[2017-01-04 17:32:25] sleger : no it is
[2017-01-04 17:32:28] arbitrage001 : jung1: is there really a purpose for meetup
[2017-01-04 17:32:29] sleger : you really know nothing
[2017-01-04 17:32:32] imapotato : MrRGnome: I'd do it as a maker, not taker. Negative fees.
[2017-01-04 17:32:45] imapotato : MrRGnome: It would move "Unrealised PNL" into "Wallet balance"
[2017-01-04 17:32:56] brojo : hey i just changed my risk limit to 300 xbt
[2017-01-04 17:33:00] MrRGnome : If you close a position then immediately reopen you aren't taking profit
[2017-01-04 17:33:00] brojo : what does that do to my current order
[2017-01-04 17:33:03] imapotato : Which I've been told is helpful for both Liq. price and deleverage queue position
[2017-01-04 17:33:04] MrRGnome : You are at best getting maker fees
[2017-01-04 17:33:07] brojo : i see it allows a max of 66.6%
[2017-01-04 17:33:13] sleger : MrRGnome: yes you are REALIZING profits, which is what he said
[2017-01-04 17:33:15] tommygunn : sold a little to cover funding
[2017-01-04 17:33:16] brojo : so i guess it adds more to my margin ----
[2017-01-04 17:33:21] sleger : it moves from UNrealise to realise
[2017-01-04 17:33:22] imapotato : MrRGnome: I already said that I'm realizing not, "taking"
[2017-01-04 17:33:26] tommygunn : insanity begins
[2017-01-04 17:33:27] kryptopojken : sooo laggy
[2017-01-04 17:34:17] MrRGnome : so "realizing" profit in your minds means not at all changing your postion or seeing any profit, but jumping in and out of it to update the bitmex UI
[2017-01-04 17:34:18] imapotato : screw it, I'm going to wait
[2017-01-04 17:34:24] MrRGnome : You guys are fucked.
[2017-01-04 17:34:32] sleger : MrRGnome: you dont understand jackshit
[2017-01-04 17:34:52] CaptainDean : I think i'm going to short now, this is going down for sure (NOTTTTTTTTTTTTTTTTTTTTTTT)
[2017-01-04 17:35:02] MrRGnome : Then help me understand, quantify the profit "realized" on a hypothetical position opend and closed
[2017-01-04 17:35:03] tommygunn : I went out for gas and coffee and were spiked up 80 bucks
[2017-01-04 17:35:11] CaptainDean : it's insane
[2017-01-04 17:35:17] CaptainDean : the bubble is still alive
[2017-01-04 17:35:50] CaptainDean : from 8000 to 8300 in 10 mins
[2017-01-04 17:36:05] CaptainDean : 20$ prenium at the moment
[2017-01-04 17:36:07] tommygunn : whom eva caught 1177 good on ya
[2017-01-04 17:36:11] CaptainDean : it's pretty high tho
[2017-01-04 17:36:32] imapotato : It's a $108 premium on quarterlies
[2017-01-04 17:36:35] Apocalyptic : no kidding
[2017-01-04 17:36:50] imapotato : tommygunn: I caught it with a very small order, just to bring myself back up to 4x
[2017-01-04 17:37:03] QuantFocus : swap has $20 premium
[2017-01-04 17:37:12] CaptainDean : i think i'm going to sell another coin real coon
[2017-01-04 17:37:18] CaptainDean : soon* sold my first one at 922$
[2017-01-04 17:37:28] thomaskikansha : short swap long futures will work
[2017-01-04 17:37:30] CaptainDean : and i was happy ;-)
[2017-01-04 17:37:34] imapotato : >XBTH17 1000 1166.67 1000
[2017-01-04 17:37:44] imapotato : oh, right. I was going to take a shower.
[2017-01-04 17:37:49] tommygunn : imapotato: nice
[2017-01-04 17:38:02] BTCDJS : perv
[2017-01-04 17:38:17] imapotato : If only my balls hadn't been castrated by two liquidations.
[2017-01-04 17:38:19] tommygunn : i was not prepared for up spikes yet, must change strat
[2017-01-04 17:38:34] JamesPolo : imapotato: right
[2017-01-04 17:38:48] tommygunn : even 100 spread is not safe
[2017-01-04 17:38:56] tommygunn : ahh the joys
[2017-01-04 17:39:33] imapotato : https://twitter.com/whalepool/status/816698939445485568
[2017-01-04 17:39:39] imapotato : >The #1 contract holder on OKCoin just got liquidated on a $10 million short position against #bitcoin
[2017-01-04 17:39:42] tommygunn : moved liq spread to 150
[2017-01-04 17:39:59] CaptainDean : that explain the spike !
[2017-01-04 17:40:02] QuantFocus : omg
[2017-01-04 17:40:15] tommygunn : imapotato: love it
[2017-01-04 17:40:24] rapidtrades : hahahahha
[2017-01-04 17:40:24] arbitrage001 : omg , chinese gambler!
[2017-01-04 17:40:29] tommygunn : that was the spike
[2017-01-04 17:40:29] rapidtrades : die shortie
[2017-01-04 17:40:37] jung1 : wtf
[2017-01-04 17:40:43] jung1 : 10.000btc
[2017-01-04 17:40:56] jung1 : ehhh amateurs
[2017-01-04 17:40:58] arbitrage001 : maybe he is long elsewhere, or a hedged position
[2017-01-04 17:41:03] tommygunn : nothing for a mega whale
[2017-01-04 17:41:20] jung1 : yeah but how many mega whales are on the market?
[2017-01-04 17:41:27] jung1 : like 10k<
[2017-01-04 17:41:32] jung1 : 8? 12?
[2017-01-04 17:41:33] arbitrage001 : hard to imagine okc has the liquidity for the whale
[2017-01-04 17:41:38] tommygunn : not true 10 mill hurts at any level
[2017-01-04 17:41:46] rapidtrades : that 10 mil was prolly a miner
[2017-01-04 17:41:54] arbitrage001 : could be
[2017-01-04 17:41:56] sleger : tommygunn: it's 10m position not collateral
[2017-01-04 17:42:19] tommygunn : sleger: you rock
[2017-01-04 17:42:22] gustavo7 : bam bam
[2017-01-04 17:42:24] arbitrage001 : got to hurt if it is miner, hedging went wrong
[2017-01-04 17:42:27] wurstgelee : time to pick a celebration drink
[2017-01-04 17:42:41] jung1 : cheers
[2017-01-04 17:42:43] arbitrage001 : and then btc price burst and cant sell the btc production later
[2017-01-04 17:43:16] wurstgelee : yeah, cheers everyone. if u made it this far, u deserve it (valid for those who survived 2015 bear market) ;)
[2017-01-04 17:43:20] tommygunn : that candle needs correcting at some point
[2017-01-04 17:43:34] sleger : 15$ premium + 8$ of funding in next 10hrs coming that's a lot for the swap
[2017-01-04 17:43:42] jung1 : you think that we are on bubble? Or its just start and it will hit 3k and then dump to 1k and it will be next floor as on previous pumps?
[2017-01-04 17:43:57] sleger : jung1: it wont do like LISK dont worry
[2017-01-04 17:43:57] tommygunn : sleger: could be pegged for a while
[2017-01-04 17:44:00] arbitrage001 : sleger: yes, problem is most shorty already run out of money to short
[2017-01-04 17:44:14] arbitrage001 : i suspect MM already hit their limit also
[2017-01-04 17:44:19] arbitrage001 : some MM
[2017-01-04 17:44:23] rapidtrades : arbitrage001: longs closing
[2017-01-04 17:44:36] jung1 : wurstgelee: biggest money you make when there is a blood on the markets
[2017-01-04 17:44:57] wurstgelee : yes ofc. i know that. also probably everyone else who is here for some time ;)
[2017-01-04 17:45:00] rapidtrades : dam deposit already here....i should've paid less
[2017-01-04 17:45:01] cookielito : buy when there is blood on the streets
[2017-01-04 17:45:03] cookielito : even if that blood is your own
[2017-01-04 17:45:05] tommygunn : just retweeted that whalepool notice
[2017-01-04 17:45:26] arbitrage001 : funding rate on finex also hit new high
[2017-01-04 17:45:28] tommygunn : wI am sure we have some members here
[2017-01-04 17:45:38] arbitrage001 : probably thx to funding rate here
[2017-01-04 17:45:39] wurstgelee : cookielito: buxying own blood makes sense....here. or at least made when we had DPE. ask sleger for further elaboration ;)
[2017-01-04 17:45:44] BTCDJS : Did 0kcoin get hacked?
[2017-01-04 17:45:46] BTC-Noob : what the heck was that flash candle to 1180
[2017-01-04 17:46:06] CaptainDean : MM gone
[2017-01-04 17:46:10] CaptainDean : looks like it
[2017-01-04 17:46:22] CaptainDean : Sell side and buy side went 50$ aside
[2017-01-04 17:46:25] jung1 : no way Im short it
[2017-01-04 17:46:25] arbitrage001 : let's petition to remove rate cap
[2017-01-04 17:46:26] imapotato : BTC-Noob: fomo and MM taking a break during turbulence
[2017-01-04 17:46:29] rapidtrades : did we hit 1180? charts don't show it
[2017-01-04 17:46:44] imapotato : rapidtrades: the wick, it's hard to see
[2017-01-04 17:46:48] tommygunn : BTC-Noob: most likely this forced close https://twitter.com/whalepool/status/816698939445485568
[2017-01-04 17:46:54] BTCDJS : rapidtrades: 1193 if I remember what I saw correctly
[2017-01-04 17:47:02] rapidtrades : looooool
[2017-01-04 17:47:04] thomaskikansha : probably the max leverage will be lowered for a higher funding cap
[2017-01-04 17:47:08] BTCDJS : on here tho
[2017-01-04 17:47:11] aaaaa : whaaaat
[2017-01-04 17:47:14] CaptainDean : rapidtrades: at 1177 for sure
[2017-01-04 17:47:20] rapidtrades : yeah bitmex get on that leverage cut
[2017-01-04 17:47:23] BTCDJS : during all the flashing and excitement
[2017-01-04 17:47:23] CaptainDean : rapidtrades: least*
[2017-01-04 17:47:26] rapidtrades : this is gettng redic
[2017-01-04 17:47:31] arbitrage001 : lowering leverage from 100 to 50 is non issue lol
[2017-01-04 17:47:39] rapidtrades : lower the leverage
[2017-01-04 17:47:46] alejandromasari : do I have toay funding if I am not using any leverage for swap?
[2017-01-04 17:47:49] arbitrage001 : people cant not survive 50x, 100x is just marketing jargon
[2017-01-04 17:47:57] imapotato : ok, I'm going to actually go take that shower. Looks like we're going to pull back down a bit.
[2017-01-04 17:47:59] imapotato : Cheers
[2017-01-04 17:47:59] alejandromasari : do I have to pay funding if I am not using any leverage for swap?
[2017-01-04 17:48:07] MrRGnome : alejandromasari: es
[2017-01-04 17:48:10] MrRGnome : *yes
[2017-01-04 17:48:12] rapidtrades : it's not keeping the swap inline naymore
[2017-01-04 17:48:25] BitMEX_Greg : alejandromasari: Yes, if you are buying the swap you pay or receive funding irrespective or your leverage
[2017-01-04 17:48:29] BTC-Noob : tommygunn: loll rip that guy haha, thanks btw
[2017-01-04 17:49:19] BTCDJS : rapidtrades: you still short mate?
[2017-01-04 17:50:10] rowrow : i think half the shorters are dead by now
[2017-01-04 17:50:42] tommygunn : rowrow: 1/2 now 1/2 later
[2017-01-04 17:50:43] sleger : BitMEX_Greg: swap being off market will hit the insurance fund
[2017-01-04 17:50:58] alejandromasari : BitMEX_Greg: thx
[2017-01-04 17:51:01] BitMEX_Greg : sleger: How do you mean
[2017-01-04 17:51:18] alejandromasari : I am starting to use the xbth17 I like it
[2017-01-04 17:51:23] rowrow : so longers pay more than shorters receive?
[2017-01-04 17:51:29] sleger : BitMEX_Greg: liquidations happen at mark, but swap is trading way above mark, so that takes money from the insurance fund
[2017-01-04 17:51:36] arbitrage001 : sleger is miles ahead on how things work
[2017-01-04 17:51:49] tommygunn : well we reached my 1150 target way to fast, 1200?
[2017-01-04 17:52:06] MrRGnome : arbitrage001: He likes to think he is, but he really isn't.
[2017-01-04 17:52:28] BitMEX_Greg : sleger: Right, if liquidations occur then funds are spent to aggress them otherwise delev will occur
[2017-01-04 17:53:10] sleger : MrRGnome: and you are clearly miles behind
[2017-01-04 17:53:25] tommygunn : 163.1727 XBT in fund
[2017-01-04 17:53:31] thomaskikansha : sleger: the funding is not high enough to push market price back to mark? If I am wrong
[2017-01-04 17:53:32] MrRGnome : sleger: keep opening closing and opening positions because you're afraid of the adl boogeyman.
[2017-01-04 17:53:39] sleger : thomaskikansha: thats correct
[2017-01-04 17:54:08] Kalman : what happend tothe fund 11/24 ?
[2017-01-04 17:54:10] sleger : thomaskikansha: funding cap is dictated by the rules and current max leverage, at 100x that is 0.375% per 8 hours
[2017-01-04 17:54:20] sleger : Kalman: zec rekt
[2017-01-04 17:54:50] Kalman : oh, now i see that are my btc
[2017-01-04 17:54:58] Kalman : thx
[2017-01-04 17:56:12] thomaskikansha : sleger: so a higher funding would be an incentive for ppl to sell swap towards to mark?
[2017-01-04 17:56:21] sleger : thomaskikansha: yes
[2017-01-04 17:56:31] shiroe : so much profit in the aairr, ye hey
[2017-01-04 17:56:35] BTC-Noob : hey guys do anyone know what this mark price mean? and if i sell will that be based on mark price then?
[2017-01-04 17:56:36] sleger : but can only happen if they lower leverage or change other rule
[2017-01-04 17:56:54] BTCDJS : Bollinger says this is going higher lol
[2017-01-04 17:57:12] elmorte : thomaskikansha: correct...or hold long less
[2017-01-04 17:58:02] REKT : Liquidated short on `XBTH17`: buy 250 @ 1230.14
[2017-01-04 17:58:16] MrRGnome : BTC-Noob: mark price is used for calculating forced liquidations and funding rate, as well as all the estimates you see on your dashboard. It isn't the price you get if you trade, you need to look a tthe orderbook to see what price you'd get
[2017-01-04 17:58:55] BTC-Noob : oke perfect that makes sense. Thankx buddy
[2017-01-04 17:59:22] rapidtrades : $16 premium?
[2017-01-04 17:59:26] anonymous123421 : BTCC is hitting all time high!
[2017-01-04 17:59:33] rapidtrades : bitmex are u gonna act or just watch
[2017-01-04 17:59:45] anonymous123421 : https://bitcoinity.org/markets/btcchina/CNY
[2017-01-04 17:59:56] REKT : Liquidated short on `XBTUSD`: buy 1338 @ 1135.61
[2017-01-04 18:00:14] rapidtrades : wtf was that
[2017-01-04 18:00:25] MrRGnome : rapidtrades: If they acted it would probably upset as many people as not acting will. They are in a no win situation.
[2017-01-04 18:00:34] CaptainDean : we are not a big volume move tho
[2017-01-04 18:00:46] rapidtrades : why did it reload like that,,,it usually does that on funding
[2017-01-04 18:00:47] REKT : Liquidated short on `XBTUSD`: buy 1 @ 1135.67 :punch: :whale:
[2017-01-04 18:01:04] alejandromasari : BitMEX_Greg: my order filled below my limit price!!
[2017-01-04 18:01:30] CaptainDean : in a big***
[2017-01-04 18:01:37] gustavo7 : it probably didn't
[2017-01-04 18:02:10] BitMEX_Sam : alejandromasari: We are not seeing that - are you looking at your entry price?
[2017-01-04 18:02:14] sleger : china 64$ above
[2017-01-04 18:02:27] rapidtrades : MrRGnome: not rly, the cut will only affect new positions
[2017-01-04 18:02:35] alejandromasari : BitMEX_Sam: it filled one penny under my limiit price
[2017-01-04 18:02:39] jung1 : BITMEX will be goldman sachs for bitcoin in few years
[2017-01-04 18:02:41] anonymous123421 : I love china
[2017-01-04 18:02:56] BitMEX_Sam : alejandromasari: That may have been a notification bug, the prices check out in the history
[2017-01-04 18:03:23] wurstgelee : BitMEX_Sam: are those freezing order books and insane lags during more active times fixed now? :/
[2017-01-04 18:03:24] Apocalyptic : jung1: GS is not an exchange
[2017-01-04 18:03:26] sleger : thats the rounding bug
[2017-01-04 18:03:34] BitMEX_Sam : wurstgelee: We're working on it
[2017-01-04 18:03:39] MrRGnome : rapidtrades: cut to what, leverage? Isn't that going to change the funding rate? That would affect everyone
[2017-01-04 18:03:45] rapidtrades : look at this giant daily candle man
[2017-01-04 18:03:46] sleger : as soon as 500 users are liquidated it will be fast again
[2017-01-04 18:03:49] wurstgelee : BitMEX_Sam: as in "not yet". thanks for update tho ;)
[2017-01-04 18:04:02] rapidtrades : MrRGnome: it should affect everyone man, we're 18 above spot
[2017-01-04 18:04:15] rapidtrades : TIME TO CUT SOME FOMO G
[2017-01-04 18:04:21] rapidtrades : LEGS*
[2017-01-04 18:04:24] MrRGnome : sure and you can advocate for that change, but because it affects everyone I imagine some people would be pissed
[2017-01-04 18:04:27] arbitrage001 : yes
[2017-01-04 18:04:36] MrRGnome : It would be great for me if funding became uncapped
[2017-01-04 18:04:36] arbitrage001 : a lot of shorty will get rekt
[2017-01-04 18:05:04] j8 : MrRGnome: it will affect everyone more if nothing changes (longs will be deleveraged, swap totally unhinged from spot)
[2017-01-04 18:05:25] sleger : when the market is broken everyone wants it fixed
[2017-01-04 18:05:26] arbitrage001 : making the swap product meaningless
[2017-01-04 18:05:30] sleger : gnome doesnt understand much
[2017-01-04 18:05:36] MrRGnome : sleger: lol
[2017-01-04 18:05:43] j8 : once people realize they can short, get liquidated and short higher.. it's free money out of the insurance fund
[2017-01-04 18:05:51] MrRGnome : sleger: I think what you don't understand is that there are traders this change would benefit, others it won't.
[2017-01-04 18:06:00] sleger : listen to everyone dummy
[2017-01-04 18:06:05] MrRGnome : That puts bitmex in a hard spot
[2017-01-04 18:06:17] j8 : they've been in this spot before, and they reduced the leverage
[2017-01-04 18:06:19] ayy_lmao : lmao small position of mine got liquidated bc of mark price
[2017-01-04 18:06:21] j8 : that's called a precident
[2017-01-04 18:06:22] ayy_lmao : was long
[2017-01-04 18:06:22] rapidtrades : this is crazy
[2017-01-04 18:06:22] sleger : the smart people are explaining you
[2017-01-04 18:06:46] brouk : BitMEX_Sam: What happens to my long position when I have 0 account balance to pay funding?
[2017-01-04 18:06:47] rowrow : it's taken me four hours to eat my breakfast, too much action
[2017-01-04 18:06:49] jung1 : sleger: how are your trades going?
[2017-01-04 18:06:49] MrRGnome : Well you don't need to convince me
[2017-01-04 18:07:01] sleger : jung1: very well thanks, how is lisk ?
[2017-01-04 18:07:06] CaptainDean : wow
[2017-01-04 18:07:09] CaptainDean : another 150
[2017-01-04 18:07:10] MrRGnome : I'm all for reducing leverage. I'm just saying it's a tough position for bitmex to be in precident or not.
[2017-01-04 18:07:13] CaptainDean : and i wasn't looking
[2017-01-04 18:07:14] CaptainDean : LOL
[2017-01-04 18:07:17] brojo : brouk: i believe it just comes from your margin --- if your long your probably up and should be fine
[2017-01-04 18:07:20] alejandromasari : 17 dollars to gold parity
[2017-01-04 18:07:23] sleger : MrRGnome: its not the first time
[2017-01-04 18:07:31] REKT : Liquidated short on `XBTUSD`: buy 3558 @ 1142.36
[2017-01-04 18:07:34] REKT : Liquidated short on `XBTUSD`: buy 15 @ 1144.53
[2017-01-04 18:07:34] REKT : Gentlemen, we have an eREKTion!
[2017-01-04 18:07:34] sleger : they have already played with leverage in similar cases
[2017-01-04 18:07:37] rowrow : reducing from 100x leverage to 25x probably wouldn't do much in terms of big liquidations
[2017-01-04 18:07:40] jung1 : sleger: I told you that Im out of this on plus, but still around ico price as I saw
[2017-01-04 18:07:48] MrRGnome : If I recall the there has been pretty mixed success in changing contract details and the resulting public reaction.
[2017-01-04 18:07:53] rapidtrades : wel thanks for draining the fund bitmex
[2017-01-04 18:08:03] rapidtrades : like it wasn't low enough
[2017-01-04 18:08:06] rowrow : the highest leverages get liquidated so fast they don't effect much (if the price moves the wrong way)
[2017-01-04 18:08:25] lockhedge : j8: iirc in June they waited for a small correction before they increased the funding cap (so nobody got instantly rekt because of this change)
[2017-01-04 18:08:36] rowrow : what was it before?
[2017-01-04 18:08:51] CaptainDean : we are spiking wayyy to fast now
[2017-01-04 18:08:54] jung1 : BITMEX FTW im so happy that I have 20% aff comission is so early stage
[2017-01-04 18:09:02] jung1 : feels lika shareholder hehe
[2017-01-04 18:09:37] gustavo7 : i whish they would bring back XBU
[2017-01-04 18:09:52] tommygunn : CaptainDean: what you taking about
[2017-01-04 18:09:59] BitMEX_Wally : gustavo7: XBTUSD and XBTH17 are inverse futures just like XBU
[2017-01-04 18:10:08] WarWarBanana : bitmex just closed my long position?
[2017-01-04 18:10:08] sleger : 71$ premium china
[2017-01-04 18:10:22] sleger : BitMEX_Wally: how much is left in the swap insurance fund ?
[2017-01-04 18:10:23] CaptainDean : tommygunn: i'm saying the price is now going way up tooo fast, huge bubble
[2017-01-04 18:10:28] ayy_lmao : suprised bitmex doenst prevent you from raising position above mark liquidation price
[2017-01-04 18:10:47] tommygunn : CaptainDean: you mean like the last 2 weeks fast or even faster
[2017-01-04 18:10:48] BitMEX_Greg : WarWarBanana: Check your Trade History
[2017-01-04 18:10:48] rapidtrades : sleger:about $3.50
[2017-01-04 18:10:50] rowrow : WarWarBanana: were you super-high leverage? price just dropped $7
[2017-01-04 18:10:58] CaptainDean : tommygunn: yeah
[2017-01-04 18:11:05] tommygunn : CaptainDean: you rock
[2017-01-04 18:11:21] RocketScience : why was mark 1235 on xbtusd march 31? bid didn't go below 1240
[2017-01-04 18:11:24] y1uy : btccny to 8888
[2017-01-04 18:11:29] Dynamix : Damn I have not seen this chat :))
[2017-01-04 18:11:31] Gr33d : CaptainDean: Ah, I heard that in2013 xD
[2017-01-04 18:11:33] Dynamix : Been here for a month
[2017-01-04 18:11:39] CaptainDean : Gr33d: hahaha :D
[2017-01-04 18:11:46] rapidtrades : we're going parabolic now, this shit won't last much longer, few days tops
[2017-01-04 18:11:53] WarWarBanana : XBTUSD 12000 1135.92 5469 1135.93 Limit Canceled Jan 4, 2017, 6:43:13 PM
[2017-01-04 18:11:56] Dynamix : What do you think about btc ?
[2017-01-04 18:11:56] CaptainDean : rapidtrades: yeah i aggree !
[2017-01-04 18:11:57] y1uy : how do i change my username
[2017-01-04 18:11:57] y1uy : here?
[2017-01-04 18:12:06] jung1 : rapidtrades: when you are going to rebuy?
[2017-01-04 18:12:12] rowrow : if volatility goes up to former bitcoin levels, this site is gonna be insane with the leverage
[2017-01-04 18:12:16] rapidtrades : never @jung1
[2017-01-04 18:12:17] CaptainDean : rapidtrades: logarythmic ? not sure it can be say in english like that
[2017-01-04 18:12:35] imapotato : rapidtrades: a few days is a few hundred % increase when we go parabolic
[2017-01-04 18:12:50] rapidtrades : it's almost 40% crash after
[2017-01-04 18:12:55] CaptainDean : Micmix called the XBTh17 @ 967 as a nice low introduction and I didn't do in
[2017-01-04 18:12:56] j8 : logarithmic growth is not exciting
[2017-01-04 18:13:03] shiroe : Stop limit! :)
[2017-01-04 18:13:05] rapidtrades : does it come now, or 2 days alter
[2017-01-04 18:13:05] BTCDJS : rapidtrades: what are the odds we go to 1800?
[2017-01-04 18:13:10] trestres : to bitmex staff, have you in program to increase funding cap or/and deverelage?
[2017-01-04 18:13:11] gustavo7 : BitMEX_Wally: oh cool, was away some months
[2017-01-04 18:13:11] rapidtrades : u take the gamble
[2017-01-04 18:13:20] rapidtrades : BTCDJS: 33%?
[2017-01-04 18:13:23] CaptainDean : go in*
[2017-01-04 18:13:42] gustavo7 : maybe i also asked this question in fall when i played with ETH, good to know anyway
[2017-01-04 18:13:45] CaptainDean : 967 => 1153 insane
[2017-01-04 18:13:53] imapotato : Brakes? Where we're going, we won't need any brakes.
[2017-01-04 18:13:56] BTCDJS : rapidtrades: got that straight out of your ass again huh?
[2017-01-04 18:14:04] rapidtrades : always do :)
[2017-01-04 18:14:07] tommygunn : just remember this run, good for chit chat later on when none will believe you
[2017-01-04 18:14:17] CaptainDean : tommygunn: hahah :D
[2017-01-04 18:14:26] rowrow : up like 1% per hour
[2017-01-04 18:14:34] CaptainDean : I am a bit ashame ... I made 0 trading during the last 3-4 weeks
[2017-01-04 18:14:36] arbitrage001 : rowrow: yes
[2017-01-04 18:14:44] arbitrage001 : who would have thought getting rich is this easy
[2017-01-04 18:14:52] arbitrage001 : just buy the dip !
[2017-01-04 18:14:56] BitMEX_Wally : WarWarBanana: Your position was closed because you had a Stop order to sell that was triggered
[2017-01-04 18:14:56] CaptainDean : more then that, 25 Nov my last one
[2017-01-04 18:14:57] rowrow : ez pz
[2017-01-04 18:15:38] WarWarBanana : Ah by bad BitMEX_Wally, thanks for clarifying.
[2017-01-04 18:16:16] BitMEX_Greg : WarWarBanana: Please check your trade history in the account section as this will explain how trades were opened or closed etc
[2017-01-04 18:17:16] BitMEX_Wally : trestres: If the swap continues to trade at a 1% premium then we will announce a reduction in max leverage from 100x to 50x so the funding rate can increase
[2017-01-04 18:17:45] trestres : BitMEX_Wally: ok thank you
[2017-01-04 18:17:51] sleger : when would that be ?
[2017-01-04 18:18:51] Izakun : hi
[2017-01-04 18:19:06] Izakun : what is the minimum deposit to start trade ?
[2017-01-04 18:19:08] CaptainDean : nop more 100x fomo !
[2017-01-04 18:19:58] tommygunn : BitMEX_Wally: I like that idea
[2017-01-04 18:21:42] Apocalyptic : The Winklewii ETF is delayed again
[2017-01-04 18:21:51] BitMEX_Greg : Izakun: 0.0001 XBT
[2017-01-04 18:22:09] imapotato : BitMEX_Wally: profits keep reducing my overall leverage :(
[2017-01-04 18:22:49] sleger : imapotato: realise and reopen, just dont tell gnome about it he doesnt understand
[2017-01-04 18:22:58] BitMEX_Wally : imapotato: They reduce your effective leverage yes, because unrealised PNL is part of the position margin
[2017-01-04 18:23:02] imapotato : sleger: lol
[2017-01-04 18:23:39] j8 : BitMEX_Wally: that makes it really hard to hold hedged positions, it's brutal with no rebalances
[2017-01-04 18:23:44] tommygunn : off to appointments keep up the good work
[2017-01-04 18:23:54] BitMEX_Wally : j8: We are working on unlocking the unrealised PNL when you re-adjust leverage
[2017-01-04 18:24:18] j8 : would be better if you don't have to babysit it
[2017-01-04 18:24:37] rowrow : BitMEX_Wally: what would the funding rate change to if leverage goes to 50x?
[2017-01-04 18:24:40] j8 : but i'll take what i can get
[2017-01-04 18:25:21] BitMEX_Greg : rowrow: It is the same irrespective of your leverage
[2017-01-04 18:25:26] MikeHunt : short?
[2017-01-04 18:25:30] MikeHunt : bot fuzz i see
[2017-01-04 18:25:40] rowrow : BitMEX_Greg: i mean if the max rate were changed to 50x, what would the max funding rate change to
[2017-01-04 18:25:45] lockhedge : rowrow: 1.125%
[2017-01-04 18:25:50] justinlooking : presumably halving max leverage would allowing doubling the funding rate cap.
[2017-01-04 18:26:17] fineregex : funding rate cap =?
[2017-01-04 18:26:55] justinlooking : +0.375% /8hr is upper limit (ie where it is now)
[2017-01-04 18:27:22] BitMEX_Greg : rowrow: Ah sorry, I need to check with Wally, but presumably 0.75% (i.e. 2* the current rate)
[2017-01-04 18:27:28] j8 : nope
[2017-01-04 18:27:56] rowrow : BitMEX_Greg: @justinlooking makes sense, wasn't sure if there were any other factors in play
[2017-01-04 18:28:13] lockhedge : "The absolute Funding Rate is capped at 75% of the Initial Margin - Maintenance Margin. If the Initial Margin is 2% and the Maintenance Margin is 0.5%, the maximum Funding Rate will be 75% * (2% - 0.5%)= 1.125%."
[2017-01-04 18:28:17] rowrow : i'd be for the change, though i'm biased since i'm short now
[2017-01-04 18:28:17] lockhedge : https://www.bitmex.com/app/swapsGuide#funding
[2017-01-04 18:28:47] rowrow : lockhedge: ty
[2017-01-04 18:29:03] imapotato : China doesn't want to sit in the 8000s for very long.
[2017-01-04 18:29:13] Apocalyptic : imapotato: it wants over 9000
[2017-01-04 18:29:27] imapotato : $115 premium on quarterlies lol
[2017-01-04 18:29:39] imapotato : and only 0.375% funding on perp swap
[2017-01-04 18:30:09] BitMEX_Greg : lockhedge: The calculations are correct
[2017-01-04 18:30:18] Apocalyptic : BitMEX_Greg: why not just uncap the funding rate ?
[2017-01-04 18:30:38] BitMEX_Greg : Apocalyptic: Because if it goes above the initial margin you wouldn't be able to open a position
[2017-01-04 18:30:40] rowrow : Apocalyptic: 100x leveragers would get wrecked instantly when funding came
[2017-01-04 18:31:04] trestres : it would be great to communicate the change of funding rate and max leverage before next period
[2017-01-04 18:31:22] BitMEX_Greg : trestres: We will provide ample communication if we indeed do this
[2017-01-04 18:32:01] imapotato : how many minutes until ATH on finex?
[2017-01-04 18:32:26] Apocalyptic : BitMEX_Greg: makes sense, but that would just restrict high leverage entries temporarily
[2017-01-04 18:33:10] Apocalyptic : as it will self-correct eventually, not a lot of longs can handle 5% or so, they'll have to close
[2017-01-04 18:34:06] rowrow : Apocalyptic: the idea is to keep this exchange price in line with other exchange prices, so to incentivize longs/shorts accordingl
[2017-01-04 18:34:09] rowrow : y
[2017-01-04 18:34:30] BTCDJS : Looks like china wants to hit 9500
[2017-01-04 18:34:41] jung1 : NOPE we are trend setters here and bitcoin price just follow our price
[2017-01-04 18:34:43] imapotato : Looks like it will. Soon.
[2017-01-04 18:34:46] jung1 : deal with this
[2017-01-04 18:34:46] CaptainDean : What is the ATH in Us dollard ? 1300 ?
[2017-01-04 18:34:52] rowrow : like 1170
[2017-01-04 18:34:57] Apocalyptic : rowrow: uncapping would do just that
[2017-01-04 18:35:31] rowrow : Apocalyptic: ah, thought your last bit was supposed to be a counter-point, my mistake
[2017-01-04 18:35:33] Apocalyptic : a crazy high funding will make longs close their position, bringing swap closer to mark
[2017-01-04 18:35:54] Apocalyptic : it just has that small caveat for the high leverage entry
[2017-01-04 18:36:18] j8 : USDCNH 6.88, whats goin on in this crazy world
[2017-01-04 18:36:49] jung1 : whats your bets on eth?
[2017-01-04 18:37:51] justinlooking : jung1: long and still wrong
[2017-01-04 18:38:01] REKT : Liquidated long on `XBTH17`: sell 500 @ 1238.98
[2017-01-04 18:38:08] sleger : jung1: long
[2017-01-04 18:38:48] MikeHunt : still going up
[2017-01-04 18:39:06] jung1 : sleger: dont trust you
[2017-01-04 18:39:18] sleger : jung1: ETH7D 5388 5388.00 ETH 0.00856
[2017-01-04 18:39:25] sleger : I also have many offline
[2017-01-04 18:39:34] sleger : about 35k total
[2017-01-04 18:39:37] rowrow : watching markets is bad for my sanity, you turn for 30 seconds and the price is off by $12 again
[2017-01-04 18:39:38] MikeHunt : jung1: this could go up to 60-80k
[2017-01-04 18:39:54] cookielito : MikeHunt: WAtch it bo to 50l
[2017-01-04 18:39:56] Apocalyptic : sleger: I'm sorry to hear that
[2017-01-04 18:40:19] sleger : Apocalyptic: you think it's not enough ?
[2017-01-04 18:40:22] sleger : maybe should buy more...
[2017-01-04 18:40:32] Apocalyptic : heh, knock yourself out
[2017-01-04 18:40:59] Apocalyptic : I never really got the hype behind it
[2017-01-04 18:41:03] sleger : 81$ premium china
[2017-01-04 18:41:05] cookielito : chinks are probably gonna dump hard
[2017-01-04 18:41:16] anonymous789 : coinbase lagging for anyone else?
[2017-01-04 18:41:49] MikeHunt : cookielito: 8500 soon
[2017-01-04 18:42:02] cookielito : I mean around 6 pm EST
[2017-01-04 18:43:13] BTCDJS : jung1: wanna laugh at my chart?https://www.coinigy.com/s/i/586d4224/
[2017-01-04 18:43:43] jung1 : well not impossible
[2017-01-04 18:44:03] BTCDJS : not possible ?
[2017-01-04 18:44:19] jung1 : not ssible
[2017-01-04 18:44:45] BTCDJS : why?
[2017-01-04 18:45:07] BTCDJS : oh
[2017-01-04 18:45:08] BTCDJS : lol
[2017-01-04 18:45:17] BTCDJS : IMPOSSIBLE
[2017-01-04 18:45:28] QuantFocus : POS
[2017-01-04 18:45:37] BTCDJS : ble
[2017-01-04 18:45:48] QuantFocus : :knife:
[2017-01-04 18:46:40] BTCDJS : ?
[2017-01-04 18:46:51] anonymous123421 : Anyone else catch that falling knife?
[2017-01-04 18:47:19] QuantFocus : btc is lit
[2017-01-04 18:47:52] rowrow : anonymous123421: was there a snap btc crash i missed? don't see it in the chart
[2017-01-04 18:48:01] anonymous123421 : lit af
[2017-01-04 18:48:09] anonymous123421 : rowrow: a small one.
[2017-01-04 18:49:08] anonymous123421 : anyone else increasing their long position?
[2017-01-04 18:49:19] Apocalyptic : anonymous123421: that would be madness
[2017-01-04 18:49:52] jung1 : anonymous123421: feel free
[2017-01-04 18:49:56] rowrow : i could have made my life so much easier by just going long and walking away from the computer rather than trading mini-swings, but guess that's how it goes in a rising market
[2017-01-04 18:49:57] anonymous123421 : Apocalyptic: Madness? THIS. IS. BITCOIN.
[2017-01-04 18:50:19] BTCDJS : I have a short waiting at 1200
[2017-01-04 18:50:22] jung1 : rowrow: yeah hold>>>>>>>>>trade
[2017-01-04 18:50:22] Noob : @rowrow I feel the same way!
[2017-01-04 18:50:30] Headroom : FED in 10 minutes it doesn't seem to be important for you
[2017-01-04 18:50:34] Noob : I chose sleeping well, over letting it ride.
[2017-01-04 18:51:36] MikeHunt : BTCDJS: you may be waiting a long time
[2017-01-04 18:51:39] anonymous789 : coinbase must be getting ddos'd, it's virtually unusable
[2017-01-04 18:52:07] inconspic : wow, that escalated quickly.
[2017-01-04 18:52:20] inconspic : gone for a few hours
[2017-01-04 18:52:25] inconspic : boom
[2017-01-04 18:52:41] BTCDJS : MikeHunt: its ok I can wait
[2017-01-04 18:52:48] jung1 : getting weak
[2017-01-04 18:52:53] moo : china soon 100$ ahead...
[2017-01-04 18:52:59] moo : china is new mtgox?
[2017-01-04 18:53:01] jung1 : could be red soon
[2017-01-04 18:53:38] anduck : noo
[2017-01-04 18:53:47] anduck : there shall be no blood on the streets
[2017-01-04 18:54:04] jung1 : :(
[2017-01-04 18:54:07] jung1 : : (
[2017-01-04 18:54:30] anonymous789 : this is a very interesting situation, back in 2013 people couldn't even withdraw their bitcoin from mtgox and there was that fake rally to ATH. This shit is legit
[2017-01-04 18:54:38] MikeHunt : moo: yup, upto 80k height so dont short too early
[2017-01-04 18:54:44] MikeHunt : moo: just hedge
[2017-01-04 18:55:24] jung1 : anonymous789: +1 and market is much more bigger, much more local exchanges, much more bigger investors
[2017-01-04 18:55:49] jung1 : but still was better around $500
[2017-01-04 18:55:56] anonymous789 : jung1: when this goes past ATH, the rise could be completely unpredictable
[2017-01-04 18:56:02] moo : whre do u get 80k nonsense from
[2017-01-04 18:56:28] BTCDJS : moo: hes new
[2017-01-04 18:56:31] MikeHunt : moo: multiply gox bubble with this run up
[2017-01-04 18:56:38] MikeHunt : moo: you get 60-80k
[2017-01-04 18:56:50] MikeHunt : you ahve chinas fake loan problem
[2017-01-04 18:56:53] MikeHunt : gambling
[2017-01-04 18:56:55] MikeHunt : love of btc
[2017-01-04 18:56:57] MikeHunt : ....
[2017-01-04 18:56:59] moo : i dont think you can multiplay cash that easily..
[2017-01-04 18:57:08] Headroom : 3 minutes left
[2017-01-04 18:57:08] MikeHunt : moo: we'll see
[2017-01-04 18:57:08] gustavo7 : choppy here
[2017-01-04 18:57:32] jung1 : but you know, actually a lot of media post and write stuff about bitcoin so same could be dump soon if we will have enough media attention
[2017-01-04 18:57:58] anonymous789 : i don't see a dump until next week
[2017-01-04 18:58:02] jung1 : I think we are still not ready for mass adoption
[2017-01-04 18:58:32] BTCDJS : yeah but if you divide it by 2 and take 10% off for discrepancies and variables you come out with a different answer
[2017-01-04 18:58:55] MikeHunt : jung1: why not? every1 has a smartphone
[2017-01-04 18:59:11] MikeHunt : jung1: you can buy with a credit card on most exchanges
[2017-01-04 18:59:13] anonymous123421 : Dump will never happen, china is too bullish
[2017-01-04 18:59:21] BTCDJS : because its not user friendly
[2017-01-04 18:59:23] jung1 : no matter where we go with this pump, 1k could be next floor
[2017-01-04 19:00:02] sleger : but aethlios has his bid at 800 !!
[2017-01-04 19:00:04] justinlooking : muh triples!
[2017-01-04 19:00:07] jung1 : MikeHunt: its not user friendly, still bad PR , not easy to buy it, price is variable etc etc
[2017-01-04 19:00:12] Headroom : FEEEEEEEEEEEEEEEED !
[2017-01-04 19:00:26] justinlooking : knew I should of yolo long'd 100x when rapid said we'd see triple digits again....
[2017-01-04 19:00:32] MikeHunt : jung1: you can do it all on a smart phone
[2017-01-04 19:00:38] anonymous789 : anyone else think coinbase under attack or just too many users?
[2017-01-04 19:00:50] MikeHunt : jung1: people wont adopt imo until we see cash crisis like in venuezuela
[2017-01-04 19:01:12] jung1 : noone give a fuck about venezuela to be honest