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

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

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

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[2017-01-05 07:01:01] MikeHunt : QuantFocus: oh right
[2017-01-05 07:01:18] MikeHunt : where do you get 562.5 from?
[2017-01-05 07:01:27] QuantFocus : dharmabum: alternatively, right now i'd suggest shorting the xbth17
[2017-01-05 07:01:35] dharmabum : elmorte: so if I have 1.5BTC, sell 1.5BTC (worth of USD) at spot?
[2017-01-05 07:01:39] QuantFocus : MikeHunt: 50k x 1.125%
[2017-01-05 07:01:43] QuantFocus : to arrive at a daily cost
[2017-01-05 07:01:48] QuantFocus : during max funding
[2017-01-05 07:01:51] dharmabum : elmorte: spot=cross?
[2017-01-05 07:02:06] MikeHunt : QuantFocus: ahh yeh ty, my maths :/
[2017-01-05 07:02:13] dharmabum : QuantFocus: thx for the suggestion. Logic? :)
[2017-01-05 07:02:13] imapotato : spot is not cross
[2017-01-05 07:02:14] QuantFocus : no worries
[2017-01-05 07:02:18] KingTuna : $1600 WOW!
[2017-01-05 07:02:22] imapotato : completely different ideas
[2017-01-05 07:02:24] elmorte : dharmabum: no I meant like at spot exchange like finex
[2017-01-05 07:02:31] imapotato : 1600?
[2017-01-05 07:02:50] QuantFocus : dharmabum: the logic is that there is currently a $170 premium over spot. so shorting the future means you sell it for more than you would sell the spot for right now
[2017-01-05 07:02:51] dharmabum : elmorte: ah, ok!
[2017-01-05 07:03:02] elmorte : But here, you would just short 1.5 worth of XBT on swap
[2017-01-05 07:03:12] elmorte : and earn those sweet fees
[2017-01-05 07:03:16] QuantFocus : and since you just want to hedge, might as well sell it for more than you would sell it at spot, right?
[2017-01-05 07:03:18] elmorte : sorry, not fees, funding
[2017-01-05 07:03:41] elmorte : but yeah, sell at Mar 31 future is a better option and don't have to worry about funding
[2017-01-05 07:04:07] elmorte : depends on why you are hedging
[2017-01-05 07:04:54] dharmabum : XBTH? April 01?
[2017-01-05 07:05:06] QuantFocus : dharmabum: since this exchange offers leverage, you can also use less than the 1.5btc as collateral, and just trade like 5-10x leverage
[2017-01-05 07:05:07] brouk : 9000 CNY here we go
[2017-01-05 07:05:10] elmorte : HBTH17, 31 Mr
[2017-01-05 07:05:15] elmorte : 31. Mar
[2017-01-05 07:05:21] QuantFocus : deposit .15btc to short at 10x
[2017-01-05 07:05:26] elmorte : XBTH17...jesus
[2017-01-05 07:05:33] dharmabum : QuantFocus: roger that!
[2017-01-05 07:05:40] dharmabum : elmorte: lol
[2017-01-05 07:06:10] dodic : So if you are short the swap funding rate is supposed to emulate the premium decay on a future right?
[2017-01-05 07:06:10] elmorte : dharmabum: when do you want to withdraw it, that's the main question
[2017-01-05 07:06:36] dharmabum : elmorte: thx for thoughts. when? no time requirements on this BTC for me.
[2017-01-05 07:07:08] QuantFocus : dodic: it's really intended to keep the premium discount in check with spot
[2017-01-05 07:07:09] dharmabum : what is everybody thinking about BTC currently?
[2017-01-05 07:07:18] brouk : moon
[2017-01-05 07:07:19] QuantFocus : but as we can see here it's not currently working
[2017-01-05 07:07:32] QuantFocus : prem and or discount*
[2017-01-05 07:08:00] dharmabum : Seems like the Chinese pressure on exchange is pushing BTC as main factor right now.
[2017-01-05 07:08:05] QuantFocus : people essentially borrow for free here unless there is a funding premium
[2017-01-05 07:08:06] dharmabum : Happy to be wrong !
[2017-01-05 07:08:43] QuantFocus : and low / zero interest with 100x leverage means we disconnect with spot
[2017-01-05 07:09:01] dodic : QuantFocus: I see, and the current funding is too low to keep the price in check given the volatility?
[2017-01-05 07:09:10] QuantFocus : correct
[2017-01-05 07:09:33] dodic : QuantFocus: thanks :)
[2017-01-05 07:09:46] QuantFocus : :+1:
[2017-01-05 07:10:22] QuantFocus : you never really see that, but we're in unusual times
[2017-01-05 07:11:50] dharmabum : QuantFocus: If I went short XBTH17 instead of shorting at current price, what would be the benefit there? (apologies for the basic Qs)
[2017-01-05 07:12:23] QuantFocus : you get to sell it at 1310 instead of 1170
[2017-01-05 07:12:56] QuantFocus : it's 12% higher
[2017-01-05 07:13:31] dharmabum : QuantFocus: Right. And in either case, if BTC appreciates beyond that point (current price, or $1310) the position loses $.
[2017-01-05 07:13:43] QuantFocus : exactly
[2017-01-05 07:14:04] elmorte : Same will happen with SWAP, but you don't have to worry about funding fees with futures.
[2017-01-05 07:14:08] QuantFocus : but if you just want to hedge your 1.5btc, you're just trying to lock in the USD value as of today
[2017-01-05 07:14:36] QuantFocus : so while the position loses btc, the USD/Local Currency amount stays the same
[2017-01-05 07:15:40] dharmabum : QuantFocus: Roger that. And if the short is at 1x, then how does that impact?
[2017-01-05 07:16:01] QuantFocus : it just means you deposit the full value of the position you want to short as collateral
[2017-01-05 07:16:12] dodic : wow usd lending rate on bitfinex is 0.25%
[2017-01-05 07:16:27] dodic : daily
[2017-01-05 07:17:38] dharmabum : QuantFocus: yup OK. but if I consider BTC is likely to run into headwinds by April1 2017 I'm better off shorting XBTH17
[2017-01-05 07:17:54] dharmabum : QuantFocus: for reasons you outlined
[2017-01-05 07:18:14] QuantFocus : that's one way to look at it
[2017-01-05 07:18:34] dharmabum : QuantFocus: great answer!
[2017-01-05 07:18:41] QuantFocus : haha
[2017-01-05 07:18:59] imapotato : 8888 incoming again
[2017-01-05 07:19:13] dharmabum : imapotato: ?
[2017-01-05 07:19:35] imapotato : dharmabum: ?
[2017-01-05 07:19:50] dharmabum : imapotato: 8888? lucky numbers?
[2017-01-05 07:19:53] narnarfromnarnia : you guys read the news about okcoin
[2017-01-05 07:20:00] narnarfromnarnia : someone got rekt 10M in btc
[2017-01-05 07:20:09] QuantFocus : this morning
[2017-01-05 07:20:14] narnarfromnarnia : reddit.com/r/BitcoinMarkets/comments/5m0n38/the_1_contract_holder_on_okcoin_futures_just_got/
[2017-01-05 07:20:15] imapotato : I pasted the news here.
[2017-01-05 07:20:22] narnarfromnarnia : insane
[2017-01-05 07:20:22] cryptobull : narnarfromnarnia: probably a hedge
[2017-01-05 07:20:30] imapotato : insane indeed
[2017-01-05 07:20:33] imapotato : never short btc
[2017-01-05 07:20:51] mutato : 10 mil now thats an epic rekt
[2017-01-05 07:21:03] narnarfromnarnia : yeah i was rekt so many times, feel like total idiot shorting 1050
[2017-01-05 07:21:17] QuantFocus : imapotato: ask sleger about shorting btc
[2017-01-05 07:21:19] narnarfromnarnia : now these swings are getting really unpredictable
[2017-01-05 07:21:28] cryptobull : donæt short... buy the dips
[2017-01-05 07:21:36] imapotato : BTFDs
[2017-01-05 07:21:47] narnarfromnarnia : cryptobull: totally right
[2017-01-05 07:21:51] imapotato : I got rekt twice by using too much margin in my longs.
[2017-01-05 07:21:58] narnarfromnarnia : the market is getting so huge
[2017-01-05 07:22:06] narnarfromnarnia : whales are no longer whales
[2017-01-05 07:22:09] imapotato : New strategy works great. 4x long, and buy on the dips to bump it back up to 4x when the leverage drops due to profit.
[2017-01-05 07:22:11] narnarfromnarnia : or was that whale wars
[2017-01-05 07:22:27] narnarfromnarnia : imapotato: yeah that's a great one
[2017-01-05 07:22:41] narnarfromnarnia : this could totally go to 4k
[2017-01-05 07:23:15] imapotato : Yeah, I was being too greedy. Trying to double my money on small $20 rises.
[2017-01-05 07:23:25] imapotato : Best plan is to leverage conservatively and make returns on the entire rally.
[2017-01-05 07:25:09] narnarfromnarnia : pigs get slaughtered
[2017-01-05 07:25:17] narnarfromnarnia : im officially a pig
[2017-01-05 07:25:22] narnarfromnarnia : actually bacon bits
[2017-01-05 07:25:30] elmorte : crispy?
[2017-01-05 07:25:47] narnarfromnarnia : well it makes me feel slightly better about a 3btc loss
[2017-01-05 07:27:33] odieoh : I have mixed feelings about my short
[2017-01-05 07:27:49] imapotato : oh god you didn't short btc did you?
[2017-01-05 07:27:50] imapotato : you had a family!
[2017-01-05 07:27:51] odieoh : On the one hand, I really don't like having my nuts on the chopping block, waiting for the axe to fall
[2017-01-05 07:28:15] odieoh : On the other hand, receiving .5 BTC every 8 hours while I wait for the axe is nice
[2017-01-05 07:28:56] odieoh : The trick is to yank them off soon enough I guess
[2017-01-05 07:29:00] j8 : don't overdo it and your nuts will be fine
[2017-01-05 07:29:51] QuantFocus : odieoh: you're short 150k?
[2017-01-05 07:30:08] odieoh : ya (but hedged)
[2017-01-05 07:30:16] QuantFocus : nice
[2017-01-05 07:30:25] QuantFocus : if you can time it right you can really make some money
[2017-01-05 07:30:34] QuantFocus : that's the tricky part though
[2017-01-05 07:30:55] odieoh : Actually if you hedge enough, don't have to have great timing; I started shorting around 1000
[2017-01-05 07:30:57] narnarfromnarnia : i missed it today was there some mega rekts today?
[2017-01-05 07:31:02] odieoh : scalping my way along
[2017-01-05 07:31:03] shiroe : to sleep or not to sleep..
[2017-01-05 07:31:08] imapotato : narnarfromnarnia: plenty of rekt shorts
[2017-01-05 07:31:09] odieoh : and the interest helps a TON
[2017-01-05 07:31:16] narnarfromnarnia : im sure any large ones?
[2017-01-05 07:31:30] narnarfromnarnia : everyone was playing 1150 > 800's on tradingview
[2017-01-05 07:32:09] QuantFocus : odieoh: right, but you want to drop your hedge at the right time to max profits
[2017-01-05 07:32:47] BitMEX_Arthur : Guys we are thinking about doing a prediction market on whether the COIN ETF gets approved on March 11th, thoughts?
[2017-01-05 07:33:11] imapotato : BitMEX_Arthur: Be very specific with the wording of the contract.
[2017-01-05 07:33:13] imapotato : No loose ends.
[2017-01-05 07:33:16] odieoh : @quantfocus right, but trying that is the only thing that screwed me; I dropped it too soon and then got nervous as it rose; bought back into it (and a good thing too)
[2017-01-05 07:33:25] dharmabum : BitMEX_Arthur: XTRUMP
[2017-01-05 07:33:34] QuantFocus : odieoh: :+1:
[2017-01-05 07:33:43] QuantFocus : BitMEX_Arthur: payout is binary?
[2017-01-05 07:34:21] REKT : Liquidated long on `LTC7D`: sell 754 @ 0.004010
[2017-01-05 07:34:35] BitMEX_Arthur : Yes binary
[2017-01-05 07:34:44] BitMEX_Arthur : if they delay or deny it settles at 0
[2017-01-05 07:34:48] QuantFocus : i like it
[2017-01-05 07:34:49] BitMEX_Arthur : if they approve, it settles at 1
[2017-01-05 07:34:55] nOgAnOo : Arthur, prediction markets rock! Please do it.
[2017-01-05 07:35:00] BitMEX_Arthur : the contract notional will be 0.01 XBT
[2017-01-05 07:35:18] imapotato : +1 to prediction markets, but they suck if you don't have liquidity
[2017-01-05 07:35:36] BitMEX_Arthur : No matter the market, lack of liquidity sucks
[2017-01-05 07:35:46] dharmabum : BitMEX_Arthur: Would that run alongside the other contracts or on a separate screen?
[2017-01-05 07:36:11] QuantFocus : i could see the liquidity being an issue, but i like the idea
[2017-01-05 07:36:39] imapotato : It seems like a hard one to estimate, too.
[2017-01-05 07:37:17] imapotato : We have lots of data for elections, weather, sports, and other common prediction market contracts.
[2017-01-05 07:37:31] REKT : Liquidated long on `XBCH17`: sell 4000 @ 9420.2
[2017-01-05 07:37:36] imapotato : I'm not sure how easy it would be to estimate the odds for a decision unless you're an insider.
[2017-01-05 07:38:30] imapotato : https://www.google.com/trends/explore?q=how%20to%20buy%20bitcoin
[2017-01-05 07:38:44] FUNKYCHI : Buy price is crap compared to market price
[2017-01-05 07:39:09] QuantFocus : FUNKYCHI: should have gotten here sooner
[2017-01-05 07:39:21] happy : wow this is like 3 dollars different
[2017-01-05 07:39:43] kekkyojin_irc : tell me dumb, but I have just discovered that leverage can be modified dynamically when position is open :’)
[2017-01-05 07:39:58] FUNKYCHI : QuantFocus: Been watching for a month. The buy price and market price has never been this bad.
[2017-01-05 07:39:58] dharmabum : happy: arb opportunity for you?
[2017-01-05 07:40:07] odieoh : I was reading some ancient Cherokee manuscripts today and I came across a text that an old medicine man wrote about an event that was to take place on Jan 5th, 2017
[2017-01-05 07:40:13] imapotato : kekkyojin_irc: cross ftw though
[2017-01-05 07:40:23] odieoh : He saw a large red candle descending from the sky
[2017-01-05 07:40:32] QuantFocus : lol
[2017-01-05 07:40:34] dharmabum : kekkyojin_irc: as of Dec 23rd
[2017-01-05 07:40:36] QuantFocus : :whale:
[2017-01-05 07:40:40] odieoh : with a Wick soo long, some say it fell down to 750
[2017-01-05 07:40:50] odieoh : They called it "The Wickening"
[2017-01-05 07:40:55] kekkyojin_irc : imapotato: yes, it was opened as cross
[2017-01-05 07:41:27] imapotato : I would btfd but I'm already at 4x
[2017-01-05 07:41:29] dharmabum : kekkyojin_irc: actually I got that wrong. I admit it.
[2017-01-05 07:41:29] imapotato : I should get sleep.
[2017-01-05 07:46:08] DylanT : 64 Mil 24 hour volume, congrats bitmex
[2017-01-05 07:47:21] imapotato : I wonder how the MM is making out in all of this.
[2017-01-05 07:47:30] emperortrump : is it possible here to set a stop loss after a trade has been made ?
[2017-01-05 07:47:44] imapotato : Think they've incidentally built up a large short? long?
[2017-01-05 07:47:50] imapotato : Think they're making a lot of fees?
[2017-01-05 07:48:04] MikeHunt : if you hold a swap at 1 contract, does that sort of reserve your place?
[2017-01-05 07:48:09] MikeHunt : if you want to add to it later?
[2017-01-05 07:48:18] imapotato : MikeHunt: huh?
[2017-01-05 07:48:31] imapotato : You can add to the position, but you'd pay the new price.
[2017-01-05 07:49:09] MikeHunt : imapotato: just trying to calculate how this interest rate could be made profitable
[2017-01-05 07:49:35] odieoh : Put your nuts up on the chopping block; profit
[2017-01-05 07:51:20] imapotato : MikeHunt: you'd have to short btc
[2017-01-05 07:51:23] imapotato : never short btc
[2017-01-05 07:52:02] MikeHunt : imapotato: exactly
[2017-01-05 07:52:12] narnarfromnarnia : there was a lot of coins moved recently in blockchain i bet that was the guy who ate that whales short
[2017-01-05 07:52:24] narnarfromnarnia : something like 500k coins
[2017-01-05 07:52:41] narnarfromnarnia : but so risky to put on any exchange
[2017-01-05 07:52:45] imapotato : rip bearwhale
[2017-01-05 07:53:02] narnarfromnarnia : yeah and with coin etf possibly getting approved
[2017-01-05 07:53:06] narnarfromnarnia : weew lad
[2017-01-05 07:53:13] narnarfromnarnia : hodl
[2017-01-05 07:54:08] imapotato : hodl 4x
[2017-01-05 07:54:17] BitMEX_Arthur : dharmabum: Yes it would trade alongside just like any other contract
[2017-01-05 07:55:46] Papou : we wont bull ride until march without anyone taking profit from this parabolic rise...
[2017-01-05 07:56:59] aethlios : BitMEX_Arthur: better try to build an options market, swap or 3month as underlying, +-50 usd strike prices. volumes going up now, market ready for that.
[2017-01-05 07:57:13] moo : the moment china lets it go it will collapse
[2017-01-05 07:57:31] imapotato : I still can't believe quarterly premium is $160
[2017-01-05 07:57:37] moo : and you never know what they are going to do
[2017-01-05 07:57:42] nOgAnOo : Yes, BTC will go back to 800 or 700
[2017-01-05 07:58:11] imapotato : also I think I just ate moldy bread
[2017-01-05 07:58:12] imapotato : fuck
[2017-01-05 07:58:23] imapotato : Do I throw up or just ride it out?
[2017-01-05 07:58:31] nOgAnOo : This is why the bible says "daily bread"
[2017-01-05 07:58:33] Papou : ride it
[2017-01-05 07:58:36] nOgAnOo : not "2 week old bread"
[2017-01-05 07:58:39] rms : coin ETF was delayed again. honestly probably better so that it can't get rejected and crush the rally
[2017-01-05 07:58:50] rms : http://www.marketwatch.com/story/bitcoin-rally-boosts-rival-digital-currencies-2017-01-04
[2017-01-05 07:58:56] imapotato : It's two weeks old.
[2017-01-05 07:58:58] imapotato : Got it for christmas.
[2017-01-05 07:59:14] odieoh : Mold is great, that's where penicillin comes from. Eat up!
[2017-01-05 07:59:24] moo : i dont think china cares about ETF at all
[2017-01-05 07:59:25] rms : eat activated charcoal pills
[2017-01-05 07:59:41] imapotato : >Therefore, in short, having accidentally consumed some moldy bread shouldn't have any harmful health effect. The most likely consequence from eating moldy bread is simply the unpleasant experience of realizing that you just did it!
[2017-01-05 07:59:44] imapotato : Google to the rescue
[2017-01-05 07:59:47] odieoh : It's like an antibiotic sandwich
[2017-01-05 08:00:35] REKT : Liquidated long on `XBCH17`: sell 1500 @ 9324.3
[2017-01-05 08:00:45] imapotato : oh shit
[2017-01-05 08:00:46] imapotato : >you gon die girl you gon die!
[2017-01-05 08:00:51] imapotato : I'm getting conflicting results from google
[2017-01-05 08:01:02] MikeHunt : whats the total fee for march31? 1.5% ?
[2017-01-05 08:01:05] odieoh : Sounds like a yahoo answers answer
[2017-01-05 08:01:07] MikeHunt : or 0.1% ?
[2017-01-05 08:01:11] imapotato : odieoh: it is
[2017-01-05 08:01:19] odieoh : lol
[2017-01-05 08:01:35] imapotato : I'll be fine.
[2017-01-05 08:01:41] imapotato : Bleu cheese-flavored bread, that's all.
[2017-01-05 08:01:41] odieoh : yes you will
[2017-01-05 08:01:51] odieoh : well wait, was the mold kind of greenish blue?
[2017-01-05 08:01:55] imapotato : green
[2017-01-05 08:02:07] odieoh : Hmm. . .ebola mold is kind of green
[2017-01-05 08:02:08] imapotato : a little blue
[2017-01-05 08:02:37] odieoh : Best to drain some of your humors just to be sure
[2017-01-05 08:02:53] imapotato : I think I'll drink a bit of Captain Morgan and go to bed.
[2017-01-05 08:02:57] imapotato : Just a bit, though.
[2017-01-05 08:03:04] odieoh : That will do
[2017-01-05 08:03:11] imapotato : Last time I drank CM, I woke up with vomit on the floor that I didn't remember
[2017-01-05 08:03:12] imapotato : :'(
[2017-01-05 08:03:15] odieoh : the Capn knows how to rid your liver of mold
[2017-01-05 08:04:25] MikeHunt : whats the total fee of the march31 ?
[2017-01-05 08:04:31] MikeHunt : in out is 0.1% ?
[2017-01-05 08:04:39] imapotato : in out is a burger place
[2017-01-05 08:04:42] imapotato : they have good burgers
[2017-01-05 08:05:00] FUNKYCHI : When are we going see some big red dildos
[2017-01-05 08:05:15] odieoh : The Wickening is starting, I can feel it
[2017-01-05 08:05:15] imapotato : FUNKYCHI: never
[2017-01-05 08:05:19] QuantFocus : open your drawer
[2017-01-05 08:05:26] odieoh : Hearing Cherokee chants as we speak
[2017-01-05 08:05:36] BitMEX_Arthur : aethlios: We aren't ready for options yet, maybe if volumes continue this high and we feel enough users can understand a truly complex financial instrument, will we think about development
[2017-01-05 08:05:37] FUNKYCHI : QuantFocus: Can I borrow yours
[2017-01-05 08:05:46] BitMEX_Arthur : but doing options well from a UI/UX perspective is very challengine
[2017-01-05 08:05:48] QuantFocus : mine is in use
[2017-01-05 08:05:52] Josephus : I set to close a short position at $1,325 and it sold all my contracts and I lost money
[2017-01-05 08:05:57] Josephus : How is that possible?
[2017-01-05 08:06:30] odieoh : Well that is well above any of the current prices, so if you closed a short above where you shorted. . .that would lose you money
[2017-01-05 08:06:34] FUNKYCHI : Josephus: Maybe should have closed at 1125
[2017-01-05 08:07:09] MikeHunt : BitMEX_Arthur: what is total in/out fee on the march31 ?
[2017-01-05 08:07:23] MikeHunt : BitMEX_Arthur: is it 0.1% ?
[2017-01-05 08:07:28] narnarfromnarnia : Josephus: should have been a protected message for fat finger
[2017-01-05 08:07:46] QuantFocus : MikeHunt: depends on if you take the fee or make the market
[2017-01-05 08:07:58] QuantFocus : if you just sell into the market, it's .075% on each side
[2017-01-05 08:08:10] moo : i fat fingered market close one time, and instead of just being liquidated, i was liquidated AND lost -0.5 btc from a wallet balance
[2017-01-05 08:08:18] MikeHunt : QuantFocus: im trying to work out the minimum threshold if i did a leveraged long
[2017-01-05 08:08:33] QuantFocus : ok
[2017-01-05 08:08:44] MikeHunt : QuantFocus: so long is -0.025% both ways?
[2017-01-05 08:08:57] QuantFocus : always multiply by the value of trade
[2017-01-05 08:09:13] QuantFocus : no, -.025% is for people who place orders and wait for other to fill
[2017-01-05 08:09:20] QuantFocus : i.e. providing liquidity
[2017-01-05 08:09:27] narnarfromnarnia : moo: ouch that had to be painful
[2017-01-05 08:09:44] imapotato : I'm sad.
[2017-01-05 08:09:50] imapotato : We came within $9 of ATH on finex and then failed.
[2017-01-05 08:09:50] MikeHunt : QuantFocus: so it would be 0.075% both ways for long?
[2017-01-05 08:09:53] imapotato : And now I need to sleep.
[2017-01-05 08:09:53] QuantFocus : if you just buy or sell into the orderbook, you always pay .075% of the value of your trade
[2017-01-05 08:10:03] QuantFocus : doesn't matter long or short
[2017-01-05 08:10:09] MikeHunt : QuantFocus: both ways? so 0.15% total?
[2017-01-05 08:10:18] QuantFocus : if you're a taker, yes
[2017-01-05 08:10:30] MikeHunt : ahh i see thanks
[2017-01-05 08:10:36] imapotato : MikeHunt: If you trade into an order that's already on the book, you pay a 0.075% fee for that trade.
[2017-01-05 08:10:47] odieoh : But that's only if you buy something off the orderbook, if you put it on the order and someone else buys or sells it, you earn a fee rather than pay
[2017-01-05 08:11:00] imapotato : If you place an order that isn't filled immediately but gets entered into the book, YOU GET PAID a 0.025% fee when somebody trades into your order.
[2017-01-05 08:11:07] imapotato : It's the maker/taker fee model.
[2017-01-05 08:11:28] dharmabum : MikeHunt: You're either making a market (lower fees) or taking the offers (higher fees)
[2017-01-05 08:11:39] MikeHunt : ahh i see
[2017-01-05 08:11:50] MikeHunt : im used to bitstamp model of one fee
[2017-01-05 08:12:01] MikeHunt : so sorry if i appear dumb
[2017-01-05 08:12:44] MikeHunt : dharmabum: do you guys always do making then?
[2017-01-05 08:12:44] Kalman : MikeHunt: no excusses, just accept the fact ;)
[2017-01-05 08:12:56] MikeHunt : Kalman: lol
[2017-01-05 08:13:23] moo : buy the dip? o
[2017-01-05 08:13:29] odieoh : much more preferable to make, but opportunity sometimes dictates a take
[2017-01-05 08:13:29] shiroe : its starting..
[2017-01-05 08:13:32] REKT : Liquidated long on `XBTH17`: sell 124800 @ 1292.98 **EPIC REKT** :unamused: :confounded: :astonished:
[2017-01-05 08:13:42] QuantFocus : ouch
[2017-01-05 08:14:01] REKT : Liquidated long on `XBTH17`: sell 25000 @ 1286.01
[2017-01-05 08:14:06] REKT : Liquidated long on `XBCH17`: sell 49273 @ 9218.9
[2017-01-05 08:14:12] QuantFocus : and here they come
[2017-01-05 08:14:13] imapotato : don't long so hard.
[2017-01-05 08:14:15] imapotato : less leverage.
[2017-01-05 08:14:15] dharmabum : MikeHunt: I'm not a MM as such (intentionally anyway)
[2017-01-05 08:14:44] imapotato : Also, I like how XBTH17 follows China even though it's based on the USD exchanges.
[2017-01-05 08:15:05] odieoh : That big red candle in the sky begins it's descent, slowly at first, hardly perceptible
[2017-01-05 08:15:14] QuantFocus : choyna
[2017-01-05 08:15:54] muirier : I doubt this is the Big Dump but will come before long, either way
[2017-01-05 08:15:58] odieoh : It's Wick extends, yearning to probe the anusus of those who have overextended themselves
[2017-01-05 08:16:08] muirtastic : ha
[2017-01-05 08:16:15] QuantFocus : odieoh: you're so poetic
[2017-01-05 08:16:48] imapotato : Cut my position in half. I'm going to bed with 2x.
[2017-01-05 08:16:55] imapotato : Hopefully we don't cross ATH yet on finex.
[2017-01-05 08:16:57] imapotato : Goodnight all.
[2017-01-05 08:17:34] odieoh : lol, poetic or a bit manic and psychotic from no sleep. Maybe its both
[2017-01-05 08:17:59] imapotato : maybe it's maybelline
[2017-01-05 08:18:05] odieoh : perhaps
[2017-01-05 08:18:22] QuantFocus : i think she was born with it
[2017-01-05 08:18:48] odieoh : The wick seems hesitant. What's wrong with y'alls anuses?
[2017-01-05 08:19:10] imapotato : China's not done.
[2017-01-05 08:19:11] imapotato : bounce was weak
[2017-01-05 08:19:17] dharmabum : imapotato: night
[2017-01-05 08:19:23] imapotato : goodnight
[2017-01-05 08:19:28] odieoh : Big liquidation in queue
[2017-01-05 08:19:29] mariomarco : duuuump
[2017-01-05 08:19:30] odieoh : 96k
[2017-01-05 08:19:31] REKT : Next stop - goblin town!
[2017-01-05 08:19:31] REKT : Liquidated long on `XBTH17`: sell 1000 @ 1282.04
[2017-01-05 08:19:31] REKT : Liquidated long on `XBTH17`: sell 1000 @ 1282.34
[2017-01-05 08:19:42] imabeast : yikesss
[2017-01-05 08:19:47] moo : here we go?
[2017-01-05 08:20:01] moo : short here and bet set for life?
[2017-01-05 08:20:11] muirier : I hope not. My short position isn't very big at the moment
[2017-01-05 08:20:16] thomaskikansha : liq cleared
[2017-01-05 08:20:17] kilrari : Goodbye Jesuscoin, hello ponziscamcoin
[2017-01-05 08:20:32] REKT : Liquidated long on `XBCH17`: sell 5000 @ 9158.6
[2017-01-05 08:20:32] REKT : Liquidated long on `XBTH17`: sell 1000 @ 1274.88
[2017-01-05 08:20:40] dodic : oh my
[2017-01-05 08:20:43] muirier : only down 2.5% from the high right now
[2017-01-05 08:20:51] QuantFocus : dildozer
[2017-01-05 08:20:57] moo : Okcoin and Huobi found in using counterfeit yuan to purchase bitcoins
[2017-01-05 08:21:16] QuantFocus : what will choyna do
[2017-01-05 08:21:26] wurstgelee : HODOR
[2017-01-05 08:21:31] wurstgelee : :)
[2017-01-05 08:21:32] REKT : Liquidated long on `XBTH17`: sell 10000 @ 1272.63
[2017-01-05 08:21:38] nOgAnOo : ouch
[2017-01-05 08:21:40] QuantFocus : wurstgelee: :knife:
[2017-01-05 08:21:43] odieoh : I prefer Trump's pronunciation: "Gyna"
[2017-01-05 08:21:48] nOgAnOo : So every time it dumps I don't have money int he market.. figures
[2017-01-05 08:22:12] REKT : Liquidated long on `XBCH17`: sell 163000 @ 9097.6 **EPIC REKT** :unamused: :confounded: :astonished:
[2017-01-05 08:22:13] QuantFocus : nOgAnOo: better step up your game
[2017-01-05 08:22:13] muirier : I got beaten down so much on my past shorts, that just finally had to mostly give up. I'm net short but not much
[2017-01-05 08:22:17] QuantFocus : everyone else is making money over here
[2017-01-05 08:22:22] REKT : Liquidated long on `XBTH17`: sell 900 @ 1269.10
[2017-01-05 08:22:23] REKT : Liquidated long on `XBTH17`: sell 2000 @ 1270.65
[2017-01-05 08:22:26] imabeast : 163000 rekt
[2017-01-05 08:22:29] muirier : there we go..lets have some mega rekt
[2017-01-05 08:22:40] imabeast : get some mc's then back up
[2017-01-05 08:23:30] moo : https://i.gyazo.com/47f0411f7ca917b20e6eb8a920588a39.png
[2017-01-05 08:23:33] moo : triangle of doom??
[2017-01-05 08:23:50] Milkman : man
[2017-01-05 08:23:50] brouk : imabeast: what is mc?
[2017-01-05 08:23:57] Milkman : i hate it when my btc alarm gets fucked up
[2017-01-05 08:23:58] imabeast : margin calls
[2017-01-05 08:23:58] mariomarco : brouk: margin call
[2017-01-05 08:24:00] Milkman : rekt
[2017-01-05 08:24:26] Alls : Woah a big crash?
[2017-01-05 08:24:33] narnarfromnarnia : 800's
[2017-01-05 08:24:38] Milkman : 8888 then dump lol
[2017-01-05 08:24:41] Alls : My sweet 500% profit became 120%
[2017-01-05 08:24:45] nOgAnOo : I called it!
[2017-01-05 08:24:49] nOgAnOo : I think we all did..
[2017-01-05 08:24:49] narnarfromnarnia : ouch
[2017-01-05 08:24:51] FUNKYCHI : thats what i have been waiting for
[2017-01-05 08:24:54] nOgAnOo : 8889 had 100,000 BTC of sels
[2017-01-05 08:25:01] REKT : Liquidated long on `XBCH17`: sell 1500 @ 9064.1
[2017-01-05 08:25:01] REKT : Liquidated long on `XBCH17`: sell 8 @ 9066.6
[2017-01-05 08:25:12] moo : Is this finally it?
[2017-01-05 08:25:12] imapotato : lol I can't sleep through this.
[2017-01-05 08:25:18] mariomarco : this is going to 850-900
[2017-01-05 08:25:30] imapotato : I closed at 1272
[2017-01-05 08:25:32] QuantFocus : no margin calls on xbtusd yet
[2017-01-05 08:25:32] moo : 900 yuan???
[2017-01-05 08:25:37] muirier : only down 3%
[2017-01-05 08:25:39] mariomarco : dorrars
[2017-01-05 08:25:44] imapotato : 900 yuan, this is worse than I thought
[2017-01-05 08:26:14] moo : it was 933 yuan year ago... in januarat 2015 :D
[2017-01-05 08:26:17] moo : maybe time to revisit
[2017-01-05 08:26:26] moo : 2 years
[2017-01-05 08:26:43] nOgAnOo : funny when I was calling a huge dump I was laughed at and mocked
[2017-01-05 08:26:44] nOgAnOo : :)
[2017-01-05 08:26:55] Alls : Is it time to. By the dip
[2017-01-05 08:26:58] MikeHunt : 8888 is jsut funny
[2017-01-05 08:27:05] MikeHunt : they tricked us all
[2017-01-05 08:27:05] imapotato : huobi lagging?
[2017-01-05 08:27:08] muirier : Huobi down 3.79%
[2017-01-05 08:27:08] moo : nothing can go up forever... this is not how economy works
[2017-01-05 08:27:10] narnarfromnarnia : Alls: careful it will look like its settled
[2017-01-05 08:27:11] imapotato : or just on bitcoinwisdom?
[2017-01-05 08:27:14] narnarfromnarnia : only to dump moar
[2017-01-05 08:27:22] thomaskikansha : stamp barely moves
[2017-01-05 08:27:22] MikeHunt : bot nets
[2017-01-05 08:27:27] mariomarco : next leg mega red/rekt
[2017-01-05 08:27:27] Alls : Hmmm
[2017-01-05 08:27:28] MikeHunt : they been practicing earlier
[2017-01-05 08:27:34] happy : is there any bottom?
[2017-01-05 08:27:35] imapotato : stamp has been in a coma for hours
[2017-01-05 08:27:40] MikeHunt : happy: $600
[2017-01-05 08:27:42] mariomarco : finex and stamp <1120
[2017-01-05 08:27:47] moo : Okcoin 1H macd just turned red, this could be just a start of a massive dumpage
[2017-01-05 08:28:12] QuantFocus : or could be another fakeout like the rest
[2017-01-05 08:28:13] happy : lol really?
[2017-01-05 08:28:34] MikeHunt : correction to 7777
[2017-01-05 08:28:41] MikeHunt : expect buy wall 7776
[2017-01-05 08:28:42] moo : or a fakeout of a fakeout
[2017-01-05 08:28:47] moo : to make ppl buy the dip
[2017-01-05 08:28:49] moo : and dump even more
[2017-01-05 08:28:54] muirier : ok dumpo over...only 3.8%. When the Big Dump happens, there will no doubt
[2017-01-05 08:28:55] imapotato : I think this is just another large bear trap, but I don't really want to put my money behind that.
[2017-01-05 08:29:08] l3f : DOOM
[2017-01-05 08:29:14] l3f : It's over
[2017-01-05 08:29:15] happy : looks like reversal coming
[2017-01-05 08:29:20] mariomarco : double bluff
[2017-01-05 08:29:25] rustiv : believe in the bubble and buy the dip
[2017-01-05 08:29:27] mariomarco : next leg green then mega red
[2017-01-05 08:29:29] narnarfromnarnia : this is going to be really exciting
[2017-01-05 08:30:16] narnarfromnarnia : https://www.bitmex.com/app/leaderboard
[2017-01-05 08:30:19] happy : mariomarco: which chart?
[2017-01-05 08:30:21] imapotato : is huobi down or only the api for bitcoinwisdom?
[2017-01-05 08:30:25] narnarfromnarnia : how is that possible, what does this guy know
[2017-01-05 08:30:32] narnarfromnarnia : Black-Quartz-Muse 211029.31%
[2017-01-05 08:30:41] REKT : Liquidated short on `XBTH17`: buy 4000 @ 1281.41
[2017-01-05 08:30:43] narnarfromnarnia : insider stuff right there
[2017-01-05 08:31:03] Vijuu : Hello
[2017-01-05 08:31:19] Alls : Hmm it's back up
[2017-01-05 08:31:47] narnarfromnarnia : Alls: open short again here
[2017-01-05 08:32:05] moo : 30min graph okcoin doesnt look pretty
[2017-01-05 08:32:09] l3f : narnarfromnarnia: You're a learned man now
[2017-01-05 08:32:09] moo : check it out
[2017-01-05 08:32:15] l3f : narnarfromnarnia: Proud of you
[2017-01-05 08:32:20] imabeast : here comes moon
[2017-01-05 08:32:21] narnarfromnarnia : l3f: lol
[2017-01-05 08:32:26] narnarfromnarnia : a broke learned man
[2017-01-05 08:32:36] Vijuu : I deposited got a mail still not got my account deposited its already 30 min
[2017-01-05 08:32:47] narnarfromnarnia : l3f: totally should have waited for this side of the daily wave to start shorting
[2017-01-05 08:32:57] mariomarco : wood chipper is dead
[2017-01-05 08:33:09] Papou : well boys today was a good day
[2017-01-05 08:33:25] mariomarco : huobi is not moving, its been hacked
[2017-01-05 08:33:41] happy : mariomarco: really??
[2017-01-05 08:33:54] mariomarco : https://bitcoinwisdom.com/markets/huobi/btccny
[2017-01-05 08:33:59] mariomarco : its dead in the water
[2017-01-05 08:34:06] mariomarco : its back up
[2017-01-05 08:34:08] tommygunn : good morning america
[2017-01-05 08:34:13] Vijuu : Never got this type on delay with bitmex b4
[2017-01-05 08:34:35] happy : mine is working well
[2017-01-05 08:34:37] Yuppie : My 8am funding is missing. Anyone else here whos got the same problem?
[2017-01-05 08:34:49] Alls : It's back I missed buying the dip
[2017-01-05 08:34:50] tommygunn : I love how china top out at 8888 coincidence, I think not
[2017-01-05 08:34:50] rms : lol and bitfinex is up
[2017-01-05 08:34:53] rms : fresh fiat hitting?
[2017-01-05 08:34:57] Alls : Being at work sucks
[2017-01-05 08:35:10] QuantFocus : Vijuu: it's probably just the blockchain. have you checked an explorer? blokr.io
[2017-01-05 08:35:19] QuantFocus : blockr.io
[2017-01-05 08:35:28] tommygunn : scaled into this dip for a run to 1200++
[2017-01-05 08:35:48] imapotato : bitstamp is up XD
[2017-01-05 08:35:50] narnarfromnarnia : tommygunn: GL but probably won't happen
[2017-01-05 08:35:59] tommygunn : nice correction to get buyers in
[2017-01-05 08:35:59] imapotato : I think bitstamp traders have been eating paint chips
[2017-01-05 08:36:06] narnarfromnarnia : haha
[2017-01-05 08:36:17] Yuppie : Sry my mistake its 5am
[2017-01-05 08:36:31] tommygunn : narnarfromnarnia: dont short the bottoms just tops!
[2017-01-05 08:36:55] narnarfromnarnia : pretty sure top was in
[2017-01-05 08:36:55] imabeast : break that 1180 plz
[2017-01-05 08:37:03] Milkman : now stamp pumps
[2017-01-05 08:37:08] imabeast : top not in
[2017-01-05 08:37:13] imabeast : dont short
[2017-01-05 08:37:24] happy : narnarfromnarnia: how sure
[2017-01-05 08:37:27] mariomarco : imabeast: how will we recognize top
[2017-01-05 08:37:31] muirtastic : That was a very weak dump for being way up here in the stratosphere
[2017-01-05 08:37:35] tommygunn : 8800 is important to the chinese, tradingview says8888.00 top
[2017-01-05 08:37:38] imapotato : bitstamp is going to set a new high while everyone else dumps XD
[2017-01-05 08:37:41] narnarfromnarnia : happy: 50/50
[2017-01-05 08:37:43] narnarfromnarnia : lol
[2017-01-05 08:37:49] imabeast : mariomarco: just dont short...
[2017-01-05 08:37:51] happy : narnarfromnarnia: nice
[2017-01-05 08:37:53] mariomarco : narnarfromnarnia: 8888 is very important in chinese religion and mithology
[2017-01-05 08:38:04] mariomarco : imabeast: 50x ?
[2017-01-05 08:38:15] MikeHunt : expect buy wall to disappear next time
[2017-01-05 08:38:23] MikeHunt : magically
[2017-01-05 08:38:23] narnarfromnarnia : wish i went 100x short from 1170's
[2017-01-05 08:38:26] tommygunn : correct they will drive right thru or i will be non bankrupt but poorer
[2017-01-05 08:38:27] happy : mariomarco: ATH is 8895 already. 88888 is important
[2017-01-05 08:38:42] MikeHunt : tommygunn: could do it 3 times gently to build a massive triangle
[2017-01-05 08:38:44] mariomarco : happy: yes 88888 is close, i will short it
[2017-01-05 08:38:46] dharmabum : happy: wow 88888
[2017-01-05 08:38:58] tommygunn : I sell on they way up
[2017-01-05 08:38:59] happy : lol
[2017-01-05 08:39:00] MikeHunt : i guess wen i said 80k cap i wasnt wrong
[2017-01-05 08:39:07] tommygunn : to easy to make money
[2017-01-05 08:39:08] narnarfromnarnia : what's 8888
[2017-01-05 08:39:09] dharmabum : happy: 8^8
[2017-01-05 08:39:19] MikeHunt : 8 = lucky chinese number
[2017-01-05 08:39:21] dharmabum : narnarfromnarnia: Chinese lucky number 8
[2017-01-05 08:39:24] narnarfromnarnia : i see
[2017-01-05 08:39:28] mariomarco : huobi still dead
[2017-01-05 08:39:28] tommygunn : coffe
[2017-01-05 08:39:29] narnarfromnarnia : so signal for top
[2017-01-05 08:39:33] mariomarco : 8593 and not moving
[2017-01-05 08:39:38] imapotato : Ok, I'm going to bed with no position. Going to let this blow over and I'll reevaluate tomorrow.
[2017-01-05 08:39:42] imapotato : Need a break.
[2017-01-05 08:39:44] imapotato : Goodnight all.
[2017-01-05 08:39:46] imapotato : /logs out