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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[2017-01-05 00:34:27] BitMEX_Greg : If you get liquidated you lose your Maintenance Margin
[2017-01-05 00:34:38] BitMEX_Greg : and costs to exit the position, as per the liquidation docs
[2017-01-05 00:34:54] BitMEX_Greg : You can't liquidate yourself into a profit
[2017-01-05 00:35:11] j8 : i.e. you short swap at 1140 and buy spot at 1117. your short gets liquidated when spot hits ~1145 and you're out at ~1150 because of the maintenance margin, but at this point you can probably short the swap at like 1170
[2017-01-05 00:35:14] BTCDJS : So hen it doesn't pay
[2017-01-05 00:35:22] ytaews : right but j8's point was you could have an offsetting profitable position elsewhere
[2017-01-05 00:35:22] QuantFocus : BitMEX_Greg: sounds like you guys have the system rigged
[2017-01-05 00:35:28] BTCDJS : why would he say that?
[2017-01-05 00:35:39] sleger : BTCDJS: yeah thats weird
[2017-01-05 00:35:40] QuantFocus : clear manipulation, can't liquidate ourselves into profit
[2017-01-05 00:35:41] sleger : why would he ....
[2017-01-05 00:36:05] BitMEX_Greg : j8: Where are you buying spot from, and that's assuming the premium remains IF the pump happens. A lot of IFs in that strategy
[2017-01-05 00:36:26] sleger : better play lottery
[2017-01-05 00:36:53] BTCDJS : He was trying to stitch me up. What a cocksucker
[2017-01-05 00:36:58] BitMEX_Greg : Hopefully the NY lottery boosts back up to 1.3b again
[2017-01-05 00:36:59] j8 : BitMEX_Greg: i'm not doing it, but ideally same ratio as the index. you monitor the premium when spot is getting close and if it's not favourable you add margin
[2017-01-05 00:37:26] Milkman : finex dump
[2017-01-05 00:37:29] QuantFocus : uh oh folks
[2017-01-05 00:37:32] j8 : there is some free optionality involved
[2017-01-05 00:37:40] sleger : j8: nuff said
[2017-01-05 00:37:54] j8 : sorry if i'm giving away your tricks sleger
[2017-01-05 00:38:04] sleger : no but the guy said its bs
[2017-01-05 00:38:13] sleger : if you get liquidated you lost money, which is true
[2017-01-05 00:38:14] sleger : so ...
[2017-01-05 00:38:27] ytaews : yep confirmed impossible to arb. too many ifs
[2017-01-05 00:38:33] ytaews : dont bother guys
[2017-01-05 00:39:50] rowrow : so if someone longs 100x right now, do they have until price drops to 1118.3 to get liquidated?
[2017-01-05 00:40:17] sleger : rowrow: just try
[2017-01-05 00:40:46] rowrow : have that backwards, but doesn't seem to work that way either, guess i'd have to read the docs
[2017-01-05 00:43:18] rowrow : meant if you short now @100x, would mark price (1118.3) have to rise to current price to get liquidated
[2017-01-05 00:43:36] ytaews : there you go
[2017-01-05 00:44:13] j8 : yeah it would be 0.5% above your entry price
[2017-01-05 00:44:19] BTCDJS : rowrow: you get a separate liquidation price above your entry
[2017-01-05 00:45:17] lockhedge : j8: shouldn't it actually be 0.5% - 0.3750% + 0.075%?
[2017-01-05 00:45:48] j8 : good point, i'm not sure if you get the benefit of the negative funding. exit fees though
[2017-01-05 00:46:24] happy : wow, gold is in trending
[2017-01-05 00:46:38] zanza : so if you buy at 100x leverage, you will get instant liquidated now ?
[2017-01-05 00:46:53] happy : zanza: Your buy order will not get filled.
[2017-01-05 00:47:03] zanza : the system rejects it ?
[2017-01-05 00:47:16] happy : zanza: Yes.
[2017-01-05 00:47:21] j8 : you would have to fund all the unrealised pnl from the low mark price
[2017-01-05 00:47:44] j8 : which means putting down a lot more than 1% margin
[2017-01-05 00:47:55] arbitrage001 : good morning
[2017-01-05 00:47:57] zanza : lol
[2017-01-05 00:47:59] arbitrage001 : wow, geez
[2017-01-05 00:47:59] zanza : that seems broken
[2017-01-05 00:48:04] arbitrage001 : what's up with the premium
[2017-01-05 00:48:11] arbitrage001 : MM really went broke lol
[2017-01-05 00:48:12] zanza : lots of moon kids arbitrage001
[2017-01-05 00:48:13] BTCDJS : zanza: best time to 100x is when the mark price is above traded price
[2017-01-05 00:48:18] j8 : arbitrage001: look at china and okc futures
[2017-01-05 00:48:42] j8 : also bitmex hinted that the cap will stay for "a few days"
[2017-01-05 00:48:57] arbitrage001 : the premium will went out of hand then
[2017-01-05 00:49:10] arbitrage001 : and MM will stay liquidless
[2017-01-05 00:49:12] zanza : kaiko is $13 hifg?
[2017-01-05 00:49:31] zanza : on nm
[2017-01-05 00:49:35] j8 : yep, now it's a battle between not making sudden changes, and not making necessary changes
[2017-01-05 00:49:54] zanza : Bearstamp 10
[2017-01-05 00:49:59] j8 : er.. double negative or something but you get it
[2017-01-05 00:49:59] zanza : 1095
[2017-01-05 00:50:00] arbitrage001 : lots of traders will get reky also
[2017-01-05 00:50:04] arbitrage001 : due to high volatility
[2017-01-05 00:51:39] arbitrage001 : March future is actually still quite cheap
[2017-01-05 00:51:51] arbitrage001 : compare to okc and finex financing rate
[2017-01-05 00:51:58] QuantFocus : how long until the long liquidations guys?
[2017-01-05 00:52:00] QuantFocus : they're coming
[2017-01-05 00:52:02] REKT : Liquidated long on `XBTH17`: sell 10000 @ 1247.01
[2017-01-05 00:52:06] arbitrage001 : too bad i have no more money lol
[2017-01-05 00:52:07] QuantFocus : hah
[2017-01-05 00:52:20] QuantFocus : ^^ speak of the devil
[2017-01-05 00:52:25] dannybreal : :D
[2017-01-05 00:52:32] happy : I really want to buy here, but I don't get any money
[2017-01-05 00:53:41] PARAFFIN : yuan dumping
[2017-01-05 00:54:14] cookielito : yeah they are starting to awake
[2017-01-05 00:54:23] XXXX : arbitrage001: no wonder u have no more money. You trade on 15 charts. Turn to daily charts and you will have lot to spare.
[2017-01-05 00:54:26] cookielito : surprised ones are taking profit I can imagine
[2017-01-05 00:54:32] REKT : Close your longs, close your shorts, choppy waters ahead!
[2017-01-05 00:54:32] REKT : Liquidated long on `XBTH17`: sell 5000 @ 1238.30
[2017-01-05 00:57:39] Milkman : $151 premium now. it keeps getting bigger lol
[2017-01-05 00:57:56] MikeHunt : we're going up
[2017-01-05 00:58:02] sleger : china 122$ premium
[2017-01-05 00:58:02] MikeHunt : not yet but soon
[2017-01-05 00:58:51] Milkman : xbth17 is crazy. knew it would get crazy and it's finally happening
[2017-01-05 00:59:31] cookielito : yeah it is
[2017-01-05 00:59:44] aethlios : stamp 1088, only china holds it up with fake volumes
[2017-01-05 00:59:47] cookielito : I have a feeling its about to make me some money
[2017-01-05 01:00:02] MikeHunt : some banks open early but most 9:30 in china iirc
[2017-01-05 01:00:11] MikeHunt : still another 30m left
[2017-01-05 01:01:09] QuantFocus : is there a way to tell if okc top holders are long or short?
[2017-01-05 01:01:46] cookielito : 9 oclock seems to have done something over in chinaland
[2017-01-05 01:01:50] Milkman : not really
[2017-01-05 01:01:55] PARAFFIN : QuantFocus: ratting^^
[2017-01-05 01:02:00] aethlios : 141 china prem.
[2017-01-05 01:02:02] Milkman : @QuantFocus
[2017-01-05 01:02:46] Milkman : damn need to long those dips. hit 1235 on quarterly
[2017-01-05 01:03:19] cookielito : Here we go ladies and gents
[2017-01-05 01:04:41] MikeHunt : cookielito: https://www.youtube.com/watch?v=ygE01sOhzz0&t=20s
[2017-01-05 01:04:57] cookielito : HAHAHA
[2017-01-05 01:05:53] cookielito : seriously here we go
[2017-01-05 01:06:38] Alls : Yuan?
[2017-01-05 01:06:47] MikeHunt : seems we're in a huge triangle (bullish)
[2017-01-05 01:06:51] QuantFocus : Juan?
[2017-01-05 01:06:53] MikeHunt : this could be interesting
[2017-01-05 01:07:01] cookielito : very interesting
[2017-01-05 01:07:20] moo : dont think its interesting at all
[2017-01-05 01:07:23] javierstone : damn i've been so wrapped up in bitcoin that i didn't notice xmr
[2017-01-05 01:07:30] MikeHunt : moo: u short?
[2017-01-05 01:07:32] javierstone : what a pleasant surprise
[2017-01-05 01:07:32] moo : just china trying last desperate pumps before the grand finale
[2017-01-05 01:07:44] cookielito : moo: when will you guys learn?
[2017-01-05 01:08:35] MikeHunt : gox bull went on for 3 weeks
[2017-01-05 01:09:13] QuantFocus : we're already in week 5
[2017-01-05 01:09:26] QuantFocus : 6 actually
[2017-01-05 01:09:42] QuantFocus : 4 months if you go back to the start of this bull
[2017-01-05 01:09:47] MikeHunt : QuantFocus: i mean wen it started to go parabollic
[2017-01-05 01:09:48] QuantFocus : up 100%
[2017-01-05 01:14:50] Milkman : this is getting boring now
[2017-01-05 01:15:16] Milkman : good time to get up and walk around
[2017-01-05 01:16:20] trejderjack : welp, i just made a nice donation to the insurance fund :/
[2017-01-05 01:17:01] trejderjack : 40% of my account was deeboed into the insurance fund
[2017-01-05 01:17:23] aethlios : 0.5 usd fee for a transaction in btc blockchain.
[2017-01-05 01:19:55] MikeHunt : trejderjack: deeboed?
[2017-01-05 01:20:22] trejderjack : yeah, taken from me
[2017-01-05 01:21:13] trejderjack : 60% of my account covered my losses durring liquidation. 40% was stolen into the insurance fund
[2017-01-05 01:21:31] cookielito : ready for take off gentlemen?
[2017-01-05 01:22:23] PARAFFIN : when @cookielito
[2017-01-05 01:22:41] cookielito : in about 8 minutes
[2017-01-05 01:23:32] Alls : cookielito: hmm will China bank open affect so much
[2017-01-05 01:23:44] imapotato : I'm back.
[2017-01-05 01:23:47] cookielito : bet your bottom dollar
[2017-01-05 01:23:52] MikeHunt : cookielito: could take another hour
[2017-01-05 01:24:07] cookielito : MikeHunt: I wouldnt be so certain
[2017-01-05 01:24:09] imapotato : Jesus tapdancing christ, what is with these premiums?
[2017-01-05 01:24:15] imapotato : $150 for quarterlies???
[2017-01-05 01:24:34] MikeHunt : cookielito: its going up parabollicly so it needs to coil up b4 shooting up or risks correction
[2017-01-05 01:24:50] cookielito : it has been coiling
[2017-01-05 01:24:53] MikeHunt : imapotato: how do these premiums affect us exactly?
[2017-01-05 01:24:59] cookielito : consolidating all the insanity
[2017-01-05 01:25:14] MikeHunt : cookielito: this monster is small compared to where it could go
[2017-01-05 01:25:22] imapotato : MikeHunt: If you plan on holding the quarterly to expiry, the premium is basically an up-front fee.
[2017-01-05 01:25:45] imapotato : If you plan to sell the quarterly before expiration, the premium tends to decrease toward 0 over time as it approaches expiration, so you pay a portion of the "fee".
[2017-01-05 01:25:54] cookielito : imapotato: as in any derivative holding it rarely goes to settlement
[2017-01-05 01:26:07] imapotato : Premiums can go up over time, though. Usually with turbulence.
[2017-01-05 01:26:34] imapotato : cookielito: indeed
[2017-01-05 01:27:08] cookielito : imapotato: I like how futures sometimes seem less prone to squeezes
[2017-01-05 01:27:17] MikeHunt : imapotato: so you get paid to go long basically?
[2017-01-05 01:27:24] imapotato : MikeHunt: You pay to go long.
[2017-01-05 01:27:59] imapotato : e.g. right now you pay $1267/btc to long BTC while it's currently worth only $1113/btc.
[2017-01-05 01:28:02] MikeHunt : imapotato: so supposing this was the top and you shorted, you'd get bonus when it expires in march?
[2017-01-05 01:28:09] imapotato : MikeHunt: sure
[2017-01-05 01:28:12] cookielito : here we go gents
[2017-01-05 01:28:23] imapotato : MikeHunt: Even if it went sideways until march, you would get that premium.
[2017-01-05 01:29:14] rafa : Why is there such a big difference between the mark price and thehe swap price?
[2017-01-05 01:29:24] imapotato : for reference regarding recent premiums: http://i.imgur.com/nt27NGs.png
[2017-01-05 01:30:29] Milkman : china 43 cny away from ath
[2017-01-05 01:30:37] Milkman : the way they pump that'll be no problem
[2017-01-05 01:30:51] imapotato : ATH doesn't feel so special now that it was just a few hours ago...
[2017-01-05 01:30:52] MikeHunt : imapotato: $150 per btc?
[2017-01-05 01:31:07] imapotato : MikeHunt: Yeah, the premium right now is over $150/btc
[2017-01-05 01:31:18] imapotato : premium = mark price - index price
[2017-01-05 01:31:39] imapotato : or for a specific trade, premium = trade price - index price
[2017-01-05 01:31:50] imapotato : But the trade price is usually close to mark, at least on quarterlies.
[2017-01-05 01:32:16] happy : 1142-1115?
[2017-01-05 01:32:22] BTCDJS : rafa: because people are long at high leverage
[2017-01-05 01:33:08] MikeHunt : imapotato: so potentially as this gets higher, the gap will increase, and if u got top spot you could lock in a very high prem?
[2017-01-05 01:33:20] happy : funding in 2 & half hours @0.375%
[2017-01-05 01:33:29] imapotato : MikeHunt: I don't know if the premium will increase or decrease anytime soon.
[2017-01-05 01:33:45] MikeHunt : imapotato: but once you buy contract the premium is locked in right?
[2017-01-05 01:33:49] imapotato : It tends to decrease toward 0 as the expiration date approaches, but it could go up or down at times between now and then.
[2017-01-05 01:34:20] imapotato : MikeHunt: Premium is not anything in and of itself. It's not like you're guaranteed the premium as profit if you short.
[2017-01-05 01:34:31] imapotato : It's just a derived number, trading price minus the spot price
[2017-01-05 01:34:48] imapotato : The higher it is, the more "expensive" it is to long.
[2017-01-05 01:35:26] MikeHunt : imapotato: sounds like if your good at trading short term it'd be more profitable not to bother with it
[2017-01-05 01:35:30] imapotato : MikeHunt: So you're not locking in the premium when you buy a contract, you just lock in the price.
[2017-01-05 01:35:51] imapotato : MikeHunt: If you're trading short term, odds are the premium won't affect you much.
[2017-01-05 01:35:57] cookielito : ludicrous speed
[2017-01-05 01:36:03] imapotato : Because the premium usually won't change much from the time you buy until the time you sell.
[2017-01-05 01:36:09] trejderjack : i hate bitstamp, cant believe bitmex uses shitstamp in their index
[2017-01-05 01:36:11] imapotato : But right now, the premium has been increasing kinda fast.
[2017-01-05 01:36:37] immackay : last dump before 8888
[2017-01-05 01:36:46] imapotato : ... dump?
[2017-01-05 01:36:55] imapotato : immackay: what the hell are you watching
[2017-01-05 01:37:21] cookielito : finex is going nuts
[2017-01-05 01:37:52] happy : immackay: another dump?
[2017-01-05 01:38:06] Milkman : finex isnt near 1150 high yet
[2017-01-05 01:38:14] Milkman : china ready to bust a nut and go to 8700
[2017-01-05 01:38:26] imapotato : It's 1.5% short of 1150...
[2017-01-05 01:38:38] Milkman : and 0kcoin is 26 cny away from new ath
[2017-01-05 01:39:10] l3f : Only 1.4k CNY from 10k CNY
[2017-01-05 01:39:14] MikeHunt : imapotato: ty for help btw
[2017-01-05 01:39:22] imapotato : MikeHunt: np
[2017-01-05 01:39:27] imapotato : I'm no expert, but I'll share what I do know.
[2017-01-05 01:39:45] moo : is yuan that weak
[2017-01-05 01:40:05] imapotato : moo: I think a weakening yuan is one of the primary drivers in this rally.
[2017-01-05 01:40:23] imapotato : finex is not slowing down
[2017-01-05 01:40:28] cookielito : imapotato: but why is it weakening
[2017-01-05 01:40:39] imapotato : cookielito: because governments suck
[2017-01-05 01:40:42] cookielito : there is a whole net of concepts that come to mind
[2017-01-05 01:40:52] cookielito : imapotato: yes but we are deeper than that
[2017-01-05 01:40:59] Milkman : new ATH open contracts for xbth17. when will those shorts close
[2017-01-05 01:41:04] imapotato : knocking on ATH in China
[2017-01-05 01:41:13] Milkman : 0kcoin was 10 cny from new high
[2017-01-05 01:41:38] imapotato : Milkman: lots of shorts will probably be closed by force soon if this continues
[2017-01-05 01:41:43] Milkman : ready for that finex fomo 1000 btc 1 minute candles
[2017-01-05 01:42:03] PARAFFIN : lol
[2017-01-05 01:42:21] Milkman : new high in china
[2017-01-05 01:42:24] imapotato : 4 yuan to ATH
[2017-01-05 01:42:33] Milkman : no fireworks yet
[2017-01-05 01:42:34] imapotato : ath on okcasino
[2017-01-05 01:42:44] Milkman : there we go
[2017-01-05 01:42:46] Milkman : and we're off
[2017-01-05 01:42:48] imapotato : okcasino is polite, waiting for hoobi
[2017-01-05 01:42:54] imapotato : we are off indeed
[2017-01-05 01:43:02] REKT : Liquidated short on `XBTH17`: buy 3000 @ 1279.18
[2017-01-05 01:43:11] imapotato : Won't be the first rekt, I reckon.
[2017-01-05 01:43:11] cookielito : we are off gents!
[2017-01-05 01:43:32] Milkman : going to be over 9000
[2017-01-05 01:43:32] l3f : H17 orderbook cleared
[2017-01-05 01:43:34] l3f : and ready for take off
[2017-01-05 01:43:40] MikeHunt : even 10k is small
[2017-01-05 01:43:42] QuantFocus : lol
[2017-01-05 01:43:51] MikeHunt : this is going to be a massive bubble imo
[2017-01-05 01:43:58] imapotato : mother of god
[2017-01-05 01:44:00] l3f : Buy and hold just keep winning
[2017-01-05 01:44:10] imapotato : I think we need to cool off for a second here at 8700
[2017-01-05 01:44:18] imapotato : So that we can appreciate what happens at 8888
[2017-01-05 01:44:40] MikeHunt : 8888 will cause it to go up even faster imo
[2017-01-05 01:45:04] MikeHunt : 7000-7999 was potential danger zone as its unlucky in china
[2017-01-05 01:45:26] MikeHunt : china gambling habits x greed x gox bubble x china fake loans = big massive bubble
[2017-01-05 01:45:46] MikeHunt : even during bed time the btc per minute is huge
[2017-01-05 01:46:28] imapotato : It's morning in China. We've got a day of excitement ahead of us.
[2017-01-05 01:47:05] immackay : drop it like its hot
[2017-01-05 01:47:14] cookielito : this shit is crazy
[2017-01-05 01:47:57] MikeHunt : buy XMR and long bitcoin with leverage
[2017-01-05 01:47:58] Milkman : it's like finex is low on money
[2017-01-05 01:48:06] MikeHunt : if it drops, XMR catches up, otherwise u make $
[2017-01-05 01:48:21] MikeHunt : either way
[2017-01-05 01:48:21] happy : triple top
[2017-01-05 01:49:33] aethlios : in 30 hours futures expiration, so need calm to roll over positions
[2017-01-05 01:49:47] Milkman : china running low on greater fools maybe
[2017-01-05 01:49:54] Milkman : or else west holding them down
[2017-01-05 01:50:24] imapotato : ha
[2017-01-05 01:50:29] imapotato : 1 calm, coming right up! /s
[2017-01-05 01:51:04] Milkman : who fomo bought 20k at 1299
[2017-01-05 01:51:45] Milkman : 1050 to 1299 today. great job everyone
[2017-01-05 01:52:19] imapotato : I'm closing my long.... to reopen it in a few seconds.
[2017-01-05 01:52:23] imapotato : Finally going to realize this PNL
[2017-01-05 01:52:42] Milkman : scare wall on 0kcoin
[2017-01-05 01:53:06] MikeHunt : bots can make fake walls
[2017-01-05 01:54:52] Milkman : finex and stamp look ready to roll over and die. then china makes new highs
[2017-01-05 01:56:14] Milkman : even btce made a new ath
[2017-01-05 01:56:21] imapotato : >1275.00 3210 pls buy ty
[2017-01-05 01:56:34] XBT_IHCT : MikeHunt: if a bot puts an order in the book and you fill it how is that "fake"?
[2017-01-05 01:58:19] immackay : holy I just looked at bfx and bearstamps graphs
[2017-01-05 01:58:24] immackay : what have they been doing
[2017-01-05 01:58:32] MikeHunt : XBT_IHCT: bots fill each others orders
[2017-01-05 01:58:42] REKT : Liquidated long on `XBCH17`: sell 3000 @ 9117.6
[2017-01-05 01:59:45] happy : Liquidated long on XBCH17: sell 3000 @ 9117.6
[2017-01-05 01:59:46] XBT_IHCT : MikeHunt: MM bots don't fill orders
[2017-01-05 02:00:01] happy : This REKT could avoid..
[2017-01-05 02:00:04] imapotato : I realized just over half of my position.
[2017-01-05 02:00:09] imapotato : Got back in at like $1 lower
[2017-01-05 02:00:19] MikeHunt : XBT_IHCT: on chinese exchanges they have 0 fees for bots and are able to manipulate price
[2017-01-05 02:00:43] happy : MikeHunt: Do you know which bots are they using?
[2017-01-05 02:00:48] imapotato : edit: I actually got back in at $8.50 less, nice.
[2017-01-05 02:00:51] XBT_IHCT : MikeHunt: oh I thought you were talking about here
[2017-01-05 02:00:53] muirtastic : Wo the market price for Perpetual Swap is $20 above Mark price. I wonder if that means the Funding fee will be .3750 for awhile.
[2017-01-05 02:00:59] muirtastic : I don't really understand how that all works
[2017-01-05 02:01:20] MikeHunt : happy: no lol
[2017-01-05 02:01:30] MikeHunt : XBT_IHCT: need 0 fees to do what they're doing
[2017-01-05 02:01:37] MikeHunt : or very very low fees worst case
[2017-01-05 02:01:47] MikeHunt : gox did same thing apparently
[2017-01-05 02:02:14] imapotato : finex wants 1150 back
[2017-01-05 02:02:19] XBT_IHCT : MikeHunt: I was not around in the gox era
[2017-01-05 02:02:36] happy : muirtastic: Is it better to short Bitcoins about one minute before the funding? And bought back immediately?
[2017-01-05 02:02:56] MikeHunt : XBT_IHCT: this could be the same but much larger as long as no black swans
[2017-01-05 02:02:59] imapotato : imo, the markets are so much healthier with trading spread out over so many different exchanges, and OTC, and person-to-person (e.g. localbitcoins)
[2017-01-05 02:03:07] imapotato : It used to be like 95% gox
[2017-01-05 02:03:15] imapotato : one order book, one price
[2017-01-05 02:03:24] imapotato : one website to ddos in order to bring btc price crashing down
[2017-01-05 02:03:39] MikeHunt : happy: shorting in a bull market... http://www.zerohedge.com/sites/default/files/images/user5/imageroot/steamroller.png
[2017-01-05 02:04:29] happy : but 0.375% with 100x, it's like 37.5% of your money
[2017-01-05 02:04:32] imapotato : finex still inching higher
[2017-01-05 02:04:38] MikeHunt : imapotato: i have noticed increased botnet attacks against huobi/okcoin though
[2017-01-05 02:04:49] imapotato : 1145 finex!
[2017-01-05 02:05:00] imapotato : $3 to ath
[2017-01-05 02:05:11] happy : MikeHunt: nice picture, but all pennies
[2017-01-05 02:05:12] imapotato : $3.1*
[2017-01-05 02:05:49] happy : MikeHunt: should change it at least to quarters.
[2017-01-05 02:05:51] imapotato : $.20 to ath on finex
[2017-01-05 02:06:01] imapotato : It was nice of China to wait for finex to catch up
[2017-01-05 02:06:02] Milkman : bitfinex there we go
[2017-01-05 02:06:06] imapotato : bitstamp is a lost cause
[2017-01-05 02:06:26] MikeHunt : happy: i tried it, it wasnt worth the hassle imo, i couldnt get any sleep
[2017-01-05 02:06:33] Milkman : $25 away from ATH. lets do it
[2017-01-05 02:06:33] imapotato : might take a bit for finex to chew $1150, though. 300 coins up there.
[2017-01-05 02:06:47] imapotato : oh shit I've been saying ATH for finex. I meant rally high, my bad.
[2017-01-05 02:07:14] happy : I think this will not go to ATH before fundings..
[2017-01-05 02:07:33] imapotato : It could.
[2017-01-05 02:08:00] PARAFFIN : Someone knows why my market buy of my short order got cancelled and then a new order got created with much higher price?
[2017-01-05 02:08:00] MikeHunt : happy: nope
[2017-01-05 02:08:15] imapotato : PARAFFIN: were you liquidated?
[2017-01-05 02:08:22] MikeHunt : imapotato: parabollic curve suggests this could last a while
[2017-01-05 02:08:23] happy : Gold also to the moon
[2017-01-05 02:08:28] imapotato : PARAFFIN: did you close "close position"?
[2017-01-05 02:08:36] PARAFFIN : yes i did a market close
[2017-01-05 02:08:42] imapotato : market close will cancel other orders
[2017-01-05 02:08:58] PARAFFIN : i did market closee
[2017-01-05 02:09:14] imapotato : It's meant to close you out to zero completely for the instrument, and cancels all open orders.
[2017-01-05 02:09:23] imapotato : That's why your "market buy of my short order got cancelled "
[2017-01-05 02:09:27] imapotato : I'm assuming.
[2017-01-05 02:11:02] PARAFFIN : uhm
[2017-01-05 02:11:45] PARAFFIN : I thought market works on the orders in the order book?
[2017-01-05 02:12:51] PARAFFIN : ahh ok
[2017-01-05 02:13:15] Milkman : nice bitmex did a withdraw 4 hours ago
[2017-01-05 02:13:16] PARAFFIN : thanks
[2017-01-05 02:15:27] REKT : Liquidated short on `XBTUSD`: buy 100 @ 1134.66
[2017-01-05 02:16:18] happy : oooops
[2017-01-05 02:16:40] happy : People short this, and price went down... But the mark price is going up...
[2017-01-05 02:17:59] imapotato : which direction are we going
[2017-01-05 02:18:05] Milkman : down
[2017-01-05 02:18:09] happy : up to the moon
[2017-01-05 02:18:11] MikeHunt : temporarily down
[2017-01-05 02:18:45] MikeHunt : it moves in a certain pattern
[2017-01-05 02:19:00] imapotato : Position closed. 77% profit.
[2017-01-05 02:19:11] imapotato : now... where to re-enter
[2017-01-05 02:19:17] Milkman : finex double top dump
[2017-01-05 02:19:26] immackay : oopw
[2017-01-05 02:19:38] imapotato : finex had no steam when it hit 1150 this time :'(
[2017-01-05 02:19:42] imapotato : Nobody chewed.
[2017-01-05 02:19:58] MikeHunt : lowest will be 8400 imo
[2017-01-05 02:20:01] nOgAnOo : Jesus loves you all
[2017-01-05 02:20:03] MikeHunt : then quick pump up
[2017-01-05 02:20:28] imapotato : I think finex needs to dip fully yet.
[2017-01-05 02:20:33] imapotato : Hasn't moved much.
[2017-01-05 02:20:42] MikeHunt : correction to 8400-8500 then up
[2017-01-05 02:20:46] Milkman : finex orderbook is empty to like 1100
[2017-01-05 02:21:07] MikeHunt : Milkman: depends what demographics are like on finex
[2017-01-05 02:21:14] MikeHunt : chinese use okc/huobi
[2017-01-05 02:21:23] MikeHunt : china owns 90%+ market
[2017-01-05 02:21:34] Milkman : china makes this so confusing. they refuse to dump and stamp and finex are just barely hanging on
[2017-01-05 02:21:44] MikeHunt : Milkman: they wont dump it
[2017-01-05 02:21:49] MikeHunt : only black swan can kill it
[2017-01-05 02:21:58] MikeHunt : even then its a temporary set back
[2017-01-05 02:22:06] imapotato : that was weak
[2017-01-05 02:22:09] imapotato : Am I supposed to buy back already
[2017-01-05 02:22:17] MikeHunt : bitcoin is designed to destroy inefficient regimes
[2017-01-05 02:22:18] Milkman : they dumped 4.3% earlier
[2017-01-05 02:22:47] Milkman : imapotato: i say wait for finex to break 1150
[2017-01-05 02:22:51] MikeHunt : since this is 3rd touch it could go up from heere
[2017-01-05 02:22:55] Milkman : and let china do whatever till then
[2017-01-05 02:22:59] MikeHunt : or start from lower
[2017-01-05 02:23:05] MikeHunt : but its parabollic so could be here
[2017-01-05 02:24:46] imapotato : I'm still on the sidelines.
[2017-01-05 02:25:03] rapidtrades : any news on leverage cut
[2017-01-05 02:26:11] Milkman : no
[2017-01-05 02:26:17] Milkman : still in the discussion phase
[2017-01-05 02:26:44] rapidtrades : well that's just great
[2017-01-05 02:27:02] MikeHunt : should resume pump by 3am
[2017-01-05 02:27:04] Milkman : they are mainly hoping for a giant dump to fix the issue
[2017-01-05 02:27:05] sleger : leverage reduction would reduce fees
[2017-01-05 02:27:28] l3f : sleger: making bank 0.375% at a time?
[2017-01-05 02:27:52] sleger : im also long overall
[2017-01-05 02:28:02] rapidtrades : correct me if im wrong but longs already have a levrage cut cos they have to put up more margin to finance the gap
[2017-01-05 02:28:11] l3f : sleger: on swap>?
[2017-01-05 02:28:26] l3f : Did you fully unhedge?
[2017-01-05 02:28:27] rapidtrades : and cos 90% of ppl are bullish here so fees won't get reduced as much
[2017-01-05 02:28:29] sleger : no, but not that short anymore
[2017-01-05 02:28:50] sleger : rapidtrades: cant trade as much with 50x vs 100x
[2017-01-05 02:29:39] rapidtrades : if u go long swap now, aren't u esentially cut to 50/1 anyway?
[2017-01-05 02:30:04] rapidtrades : u have to put up 1.4% + maintenance plus 0.375%
[2017-01-05 02:30:13] rapidtrades : so close to 2%?
[2017-01-05 02:30:45] sleger : 1.4%?
[2017-01-05 02:31:05] rapidtrades : well u have to fully fund the gap 1145 to 1132
[2017-01-05 02:31:30] rapidtrades : otherwise system will reject the trade no?
[2017-01-05 02:31:41] nOgAnOo : Hey rapidtrades. *hugs*
[2017-01-05 02:31:42] sleger : i trade on cross usually
[2017-01-05 02:31:55] sleger : not an expert of isolated margin calcs
[2017-01-05 02:32:13] immackay : sleger: I think he's talking about the difference between last and index price
[2017-01-05 02:32:25] sleger : thanks but no
[2017-01-05 02:32:48] sleger : last isnt used anywhere AT ALL
[2017-01-05 02:33:22] imapotato : >1272.00 8000 I'm getting back in, if you will have me.
[2017-01-05 02:33:24] rapidtrades : sleger: try it on one of ur alts with 1 contract at 100/1?
[2017-01-05 02:33:40] imapotato : I am had.
[2017-01-05 02:33:43] Milkman : good luck imapotato
[2017-01-05 02:33:52] Milkman : i'll buy your margin call soon
[2017-01-05 02:33:57] imapotato : lolol
[2017-01-05 02:33:59] imapotato : I hope not
[2017-01-05 02:34:02] imapotato : >Liq. price: 997.03
[2017-01-05 02:34:07] Milkman : ah
[2017-01-05 02:34:07] rapidtrades : anyway that's the impression i had from earlier discussion
[2017-01-05 02:34:31] rapidtrades : makes sense cos otherwise u would be insta-margin called
[2017-01-05 02:35:04] immackay : rapidtrades: I don't think he understands what you mean
[2017-01-05 02:35:15] imapotato : Ugh. Now my unrealized PNL is slightly negative.
[2017-01-05 02:35:22] imapotato : Never should have realized those profits, now it looks hideous :(
[2017-01-05 02:35:38] rapidtrades : nOgAnOo: i hope ur not back with new money
[2017-01-05 02:35:49] imapotato : nOgAnOo: go to bed
[2017-01-05 02:35:54] nOgAnOo : no, absolutely not
[2017-01-05 02:36:01] nOgAnOo : not trading anymore for a while
[2017-01-05 02:36:05] nOgAnOo : until i get financially stable
[2017-01-05 02:36:10] rapidtrades : not until u get ur new steems huh
[2017-01-05 02:36:14] nOgAnOo : not gonna gamble away the money i use to survive
[2017-01-05 02:36:18] immackay : nOgAnOo: do what I did, bring your account back from 0.006
[2017-01-05 02:36:20] nOgAnOo : you need a lot of money to secure a good trade
[2017-01-05 02:36:34] nOgAnOo : immackay, i'm working my way up from 0002 hehe
[2017-01-05 02:36:42] immackay : oh boy
[2017-01-05 02:36:52] rapidtrades : i heard the same story this morning, right before u went busto a second time
[2017-01-05 02:36:56] nOgAnOo : I'm listing all my antiques and garden seeds on ebay now
[2017-01-05 02:37:07] nOgAnOo : selling 55 unique packs of camel cigs for 600 dollars or best offer
[2017-01-05 02:37:10] rapidtrades : 'garden seeds'
[2017-01-05 02:37:23] imapotato : oh god china heard me buying back my longs
[2017-01-05 02:37:24] imapotato : dump incoming
[2017-01-05 02:37:28] nOgAnOo : I don't have a seller account on alphabay or I'd sell my other "garden seeds"
[2017-01-05 02:37:29] immackay : sell your house
[2017-01-05 02:37:31] immackay : sell your wife
[2017-01-05 02:37:33] immackay : sell your kids
[2017-01-05 02:37:37] immackay : buy bitcoin
[2017-01-05 02:37:39] nOgAnOo : Buy Bitcoin
[2017-01-05 02:37:46] immackay : nice
[2017-01-05 02:37:52] nOgAnOo : Great minds think alike
[2017-01-05 02:38:12] imapotato : but you didn't capitalize it the same
[2017-01-05 02:38:17] imapotato : so it's like, completely different
[2017-01-05 02:38:18] imapotato : not alike
[2017-01-05 02:38:28] nOgAnOo : so wow, people who longed are up like 30x now
[2017-01-05 02:38:37] MikeHunt : nOgAnOo: have you lost again since u started with $0.4 ?
[2017-01-05 02:38:45] nOgAnOo : yes.. 3 or 4 times
[2017-01-05 02:38:58] nOgAnOo : I am the worst trader ever
[2017-01-05 02:38:58] MikeHunt : nOgAnOo: are you above $0.4 atm?
[2017-01-05 02:39:01] nOgAnOo : I don't listen to myself
[2017-01-05 02:39:02] immackay : nOgAnOo: that's why I keep shorting
[2017-01-05 02:39:03] sleger : that game is pretty simple though
[2017-01-05 02:39:07] immackay : can't lose
[2017-01-05 02:39:07] nOgAnOo : no man I'm at 30 cents right now
[2017-01-05 02:39:25] MikeHunt : nOgAnOo: when this corrects, go long and leave it alone
[2017-01-05 02:39:28] nOgAnOo : lost 230 dollars yesterday
[2017-01-05 02:39:34] nOgAnOo : or earlier today
[2017-01-05 02:39:40] nOgAnOo : Was crying like a baby
[2017-01-05 02:39:51] MikeHunt : nOgAnOo: did you bet all you had on a single trade?
[2017-01-05 02:39:58] nOgAnOo : All of my steemit payout for the week plus more
[2017-01-05 02:40:05] immackay : MikeHunt: you don't?
[2017-01-05 02:40:08] nOgAnOo : no, I got rekt 3 times
[2017-01-05 02:40:11] nOgAnOo : kept throwing money at it
[2017-01-05 02:40:12] nOgAnOo : shorting
[2017-01-05 02:40:18] nOgAnOo : then it hit my liquidation to about the penny
[2017-01-05 02:40:19] nOgAnOo : and went down
[2017-01-05 02:40:24] nOgAnOo : I would have doubled the last trade
[2017-01-05 02:40:27] PARAFFIN : nOgAnOo: whats steemit?
[2017-01-05 02:40:33] rapidtrades : THEN IT WENT UP 100 DOLLARS
[2017-01-05 02:40:35] nOgAnOo : 1 minute after I got liquidated it went down
[2017-01-05 02:40:38] nOgAnOo : yes
[2017-01-05 02:40:40] rapidtrades : oh ffs
[2017-01-05 02:41:00] kekkyojin_irc : use stops, even when you are in a profit, nOgAnOo
[2017-01-05 02:41:02] nOgAnOo : The devil is stophunting me
[2017-01-05 02:41:05] nOgAnOo : we figured out
[2017-01-05 02:41:11] aethlios : premium half now, calmed down.
[2017-01-05 02:41:16] nOgAnOo : and he's rich and will go to great lengths to rek me
[2017-01-05 02:41:22] happy : wow, nobody is buying here?
[2017-01-05 02:41:25] imapotato : who the heck shorts btc
[2017-01-05 02:41:29] muirtastic : Happy: Sometime works to short right before the funding, but sometimes not. Other people have the same idea, so it just depends.
[2017-01-05 02:41:31] immackay : imapotato: me
[2017-01-05 02:41:38] imapotato : but why
[2017-01-05 02:41:38] nOgAnOo : happy, I traded here for 4 hours the other day and there were about 0 buys
[2017-01-05 02:41:46] nOgAnOo : market makers do not take orders
[2017-01-05 02:41:47] nOgAnOo : at all...
[2017-01-05 02:41:56] imapotato : they're market makers
[2017-01-05 02:41:59] imapotato : not market takers
[2017-01-05 02:42:03] nOgAnOo : scalping here without a bot is impossible
[2017-01-05 02:42:03] happy : But funding is too high
[2017-01-05 02:42:04] immackay : imapotato: cause I'm testing a method to find the drops
[2017-01-05 02:42:13] muirtastic : I've been shorting too and getting rekt pretty good over the last couple of weeks.
[2017-01-05 02:42:23] muirtastic : Just thought this rally would top out a long time ago
[2017-01-05 02:42:24] nOgAnOo : But either way I'm infinitely in profit because I met you guys
[2017-01-05 02:42:27] nOgAnOo : My only friends..
[2017-01-05 02:42:28] immackay : imapotato: shorted 4 times the last day, profited every time
[2017-01-05 02:42:32] rapidtrades : 1.3% gain in Yuan yday, highest past few years prolly
[2017-01-05 02:42:43] imapotato : but the dips are infrequent and weak
[2017-01-05 02:42:54] nOgAnOo : yes
[2017-01-05 02:43:01] immackay : imapotato: well then how did I do it? c:
[2017-01-05 02:43:08] imapotato : are you magician
[2017-01-05 02:43:13] imapotato : did you hacked bitmex
[2017-01-05 02:43:14] nOgAnOo : exactly
[2017-01-05 02:43:22] nOgAnOo : you must have caught the only 4 corrections
[2017-01-05 02:43:36] nOgAnOo : congrats
[2017-01-05 02:43:37] kekkyojin_irc : yuan is boring right now
[2017-01-05 02:43:40] rapidtrades : IT'S FUNNY HOW NOONE TALKS ABOUT YUAN WHEN ITS UP
[2017-01-05 02:43:47] imapotato : Back in the day, bitmex liquidations were based on the most recent trade price, not a calculated mark price
[2017-01-05 02:43:50] immackay : https://i.sli.mg/Gs2tRG.png
[2017-01-05 02:43:54] rapidtrades : funny as in huh not funny as in haha
[2017-01-05 02:43:57] immackay : top green line was my short from last night
[2017-01-05 02:43:57] imapotato : So you could buy up an entire thin order book to force liquidations
[2017-01-05 02:44:02] nOgAnOo : But there is something more important than Bitcoin guys
[2017-01-05 02:44:09] imapotato : Then place a sell really really high and they'd be forced to buy it
[2017-01-05 02:44:09] nOgAnOo : You can't take Bitcoin to heaven with you
[2017-01-05 02:44:16] nOgAnOo : All you can take is your eternal salvation
[2017-01-05 02:44:20] nOgAnOo : Through Jesus Christ
[2017-01-05 02:44:33] Milkman : xmr could have a big pump soon.
[2017-01-05 02:44:34] imapotato : But you kinda can take bitcoins with you to heaven
[2017-01-05 02:44:36] nOgAnOo : He died on the cross to save us from our sins
[2017-01-05 02:44:38] imapotato : Just remember the private keys
[2017-01-05 02:44:39] rapidtrades : PBOC sets yuan reference rate for today at 6.9307 (vs. yesterday at 6.9526)