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

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

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[2015-11-05 20:29:08] BitMEX_Sam : micmix: The same could happen with websocket unless you are heartbeating quite frequently
[2015-11-05 20:30:01] BitMEX_Sam : Additionally there is exactly the same possibility for latency
[2015-11-05 20:42:42] micmix : BitMEX_Sam: yes, I use frequent heartbeats to detect disconnection faster. well, FIX with session restore support would be ideal but we'll work with what you have :-)
[2015-11-05 20:45:02] micmix : BitMEX_Sam, next question: do you send all open order in response to op:getAccount?
[2015-11-05 20:45:44] BitMEX_Sam : Let me check on that
[2015-11-05 20:46:34] BitMEX_Sam : micmix: Yes, `getAccount` pushes the private tables `position`, `margin`, and `order`, with `order` only containing live orders
[2015-11-05 20:47:41] micmix : BitMEX_Sam: good, thanks. What is the difference between action=update and action=partial?
[2015-11-05 20:47:55] BitMEX_Sam : micmix: `partial` is an image
[2015-11-05 20:47:59] BitMEX_Sam : `update` updates a row
[2015-11-05 20:48:35] BitMEX_Sam : I will do some updates to the websocket API docs, these are good questions
[2015-11-05 20:49:47] dorothy490 : XBT7D has the same settlement time as Daily yet price is so different
[2015-11-05 20:57:34] sleger : you mean the "fair" price
[2015-11-05 20:58:12] daverich : BitMEX_Sam, if you send a DELETE request to /api/v1/order/all and there are no active orders should it be returning a 404?
[2015-11-05 21:01:06] BitMEX_Sam : daverich: Yes, I see an oversight there - it is sending a 404 if you send a filter and there are no results, but doesn't send a 404 if no filter is sent
[2015-11-05 21:01:07] BitMEX_Sam : I will update it.
[2015-11-05 21:03:45] daverich : Cool thanks!
[2015-11-05 21:06:43] dorothy490 : sleger: yes.
[2015-11-05 21:07:01] sleger : then I agree, does not make any sense
[2015-11-05 21:13:37] BitMEX_Sam : There's likely some arb opportunities there
[2015-11-05 21:14:25] BitMEX_Sam : The difference is in that XBT7D is using the older FairPrice system that uses a static basis rate
[2015-11-05 21:14:39] BitMEX_Sam : XBT24H uses an adjustable basis depending on how the BitMEX market is moving
[2015-11-05 21:17:17] sleger : there is no arb either because the market is smarter and 7D is very wide
[2015-11-05 21:19:24] BitMEX_Sam : Yes
[2015-11-05 21:27:56] micmix : BitMEX_Sam: is the API rate limit per client IP or per account?
[2015-11-05 21:28:22] BitMEX_Sam : micmix: Per IP if not authed, per account if authed
[2015-11-05 21:29:03] micmix : BitMEX_Sam: and websocket op:getAccount counts as well, right?
[2015-11-05 21:29:08] BitMEX_Sam : Yes
[2015-11-05 21:29:18] micmix : ok, thanks
[2015-11-05 21:29:22] BitMEX_Sam : The idea is to discourage people from just polling that instead of implementing the diff scheme
[2015-11-05 21:29:41] BitMEX_Sam : You should be connecting, subscribing, pulling images then diffing after the images come in
[2015-11-05 21:30:33] micmix : BitMEX_Sam: yes, I understand. We might bump into your API limits anyway because some of our bots put/cancel orders very quickly
[2015-11-05 21:31:36] BitMEX_Sam : micmix: No worries, if you find yourself hitting them often (`429`) error code, email us
[2015-11-05 21:31:43] BitMEX_Sam : We can relax the limit according to need
[2015-11-05 21:32:12] micmix : BitMEX_Sam: ok, cool. Replace orders operation would help, as well as a way to place multiple orders in one call
[2015-11-05 21:32:31] BitMEX_Sam : Agreed, the only thing preventing us from doing that is working out a proper scheme for delivering errors
[2015-11-05 21:32:42] BitMEX_Sam : But I know that is part of the FIX spec and we want to be fully FIX compliant in the future
[2015-11-05 21:33:03] BitMEX_Sam : Remember you can cancel in bulk, so that will save some calls
[2015-11-05 21:33:31] BitMEX_Sam : And when doing cancelAll, you can filter by symbol if you like, if you have multiple bots running
[2015-11-05 21:33:39] micmix : yep, I'm going to cancel in bulk
[2015-11-05 21:34:12] BitMEX_Sam : Our reference bot actually tags all orders by a unique ID so it knows which orders belong to it - see https://github.com/BitMEX/market-maker/blob/master/market_maker/bitmex.py#L136
[2015-11-05 21:37:33] micmix : yes, we are using clrOrdID if supported
[2015-11-05 21:41:38] babybaby : it wil go DOWN
[2015-11-05 22:04:35] wurstgelee : finex started it
[2015-11-05 22:05:56] wurstgelee : that came unexpected
[2015-11-05 22:05:59] wurstgelee : for me ;)
[2015-11-05 22:07:41] wurstgelee : fom-instashort ftw
[2015-11-05 22:07:45] wurstgelee : *fomo
[2015-11-05 22:21:08] zanza : haha finex is trying
[2015-11-05 22:21:12] zanza : to dump this hard
[2015-11-05 22:21:55] zanza : or should i say, finex is leading the selling right now
[2015-11-05 22:22:40] JACOBcze : why is the chart so damn lagged
[2015-11-05 22:22:50] wurstgelee : finex really started it, few seconds before china
[2015-11-05 22:22:53] cekseh : depends what exchanges you are watching zanza
[2015-11-05 22:23:14] zanza : i see 7k sell on finex just now
[2015-11-05 22:24:34] sleger : thats wrong
[2015-11-05 22:24:43] sleger : its 7k volume traded, they were not all sell...
[2015-11-05 22:24:45] cekseh : lol
[2015-11-05 22:24:52] cekseh : are you looking at a 1hr chart?
[2015-11-05 22:24:56] cekseh : otherwise you are high
[2015-11-05 22:27:32] wurstgelee : lol :D
[2015-11-05 22:27:53] jung1 : maybe that mlm thing was true
[2015-11-05 22:28:32] jung1 : and now its same like ltc two moths ago
[2015-11-05 22:28:49] JACOBcze : what mini thing
[2015-11-05 22:29:07] cekseh : people will search for rationalizations ever price move
[2015-11-05 22:29:24] cekseh : same reason humans invented gods to explain storms/sun/ocean/etc
[2015-11-05 22:29:24] ayy lmao : jacob penguin?
[2015-11-05 22:30:39] Mangalica : it's mmm and i personally dont think it had a huge effect or it by itself will cause a crash
[2015-11-05 22:31:37] Mangalica : the ltc ponzi was about ltc itself, mmm only uses bitcoin for internal transfers afaik, but i havent looked into it in great detail
[2015-11-05 22:32:19] BitMEX_Sam : mempool is calming down a bit (https://bitcoinfees.github.io/#3h)
[2015-11-05 22:32:52] BitMEX_Sam : FYI, on the withdrawal page, we have chosen a higher default fee size of `0.0005` due to the continued delays on the blockchain
[2015-11-05 22:33:04] BitMEX_Sam : You are free to set it back to `0.0001` if you wish, but you may see significant delay
[2015-11-05 22:33:09] jung1 : an today is last auction
[2015-11-05 22:33:18] JACOBcze : Sam why is the chart so damn lagged
[2015-11-05 22:33:30] BitMEX_Sam : Our chart?
[2015-11-05 22:33:37] JACOBcze : well the tradingview one ure using as your chart
[2015-11-05 22:33:46] BitMEX_Sam : Do you have it set to 1min ticks?
[2015-11-05 22:33:51] jung1 : every $10 more is 440000$ less for cia
[2015-11-05 22:33:51] JACOBcze : yeah
[2015-11-05 22:34:04] BitMEX_Sam : Then you should see a new tick every minute, last tick on my chart is at 33min
[2015-11-05 22:34:30] JACOBcze : why not use something like bitcoinwisdom where u see every single movement
[2015-11-05 22:34:44] JACOBcze : like if price goes to 390 to 400 in 1 minute i dont rly care about 1 update in 1 minute
[2015-11-05 22:34:57] BitMEX_Sam : Yes, soon I will have live candles on the chart
[2015-11-05 22:35:05] JACOBcze : ah the word soon
[2015-11-05 22:35:09] JACOBcze : trademark
[2015-11-05 22:35:11] BitMEX_Sam : Issue is that TV didn't have proper support for partial candles until recently
[2015-11-05 22:35:20] BitMEX_Sam : We release significant updates to the site daily - be patient
[2015-11-05 22:35:25] JACOBcze : ok
[2015-11-05 22:39:42] wurstgelee : BitMEX_Sam: u know whats annoying?
[2015-11-05 22:39:51] wurstgelee : lets say i have a long open
[2015-11-05 22:39:58] wurstgelee : its isolated
[2015-11-05 22:40:11] wurstgelee : i want to close it so i want to place a short order, same amount
[2015-11-05 22:40:20] wurstgelee : and it keeps telling me "out of range"
[2015-11-05 22:40:32] BitMEX_Sam : wurstgelee: I'll have Wally look at that
[2015-11-05 22:40:33] wurstgelee : i only want to close ffs! ;)
[2015-11-05 22:40:41] cekseh : No closing for your
[2015-11-05 22:40:43] BitMEX_Sam : he made adjustments just recently to fix incorrect rejections
[2015-11-05 22:40:46] wurstgelee : its because i have isolated it
[2015-11-05 22:40:47] libertypatriot : Can you change my country please?
[2015-11-05 22:40:56] wurstgelee : the short itself is out of range ofc
[2015-11-05 22:40:56] BitMEX_Sam : libertypatriot: Please send an email to support@bitmex.com
[2015-11-05 22:41:08] wurstgelee : but it doesnt matter in this case because it only shorts the long
[2015-11-05 22:41:18] wurstgelee : oO
[2015-11-05 22:41:31] BitMEX_Sam : I'll have him look at it ASAP
[2015-11-05 22:41:39] wurstgelee : so i ahve to untickk isolated, which puts myself at risk, then i can place that short
[2015-11-05 22:41:43] wurstgelee : and finally close ;)
[2015-11-05 22:42:22] wurstgelee : the reason is it doesnt check if a contrary position is open, it simply checks if isolated margin is enough regarding mark price
[2015-11-05 22:43:19] wurstgelee : going unisolated with a long just to close with a short order is uncomforting in dumpy times imo =
[2015-11-05 22:43:21] wurstgelee : =)
[2015-11-05 22:44:14] dynamike23 : holy what did i miss
[2015-11-05 22:45:55] wurstgelee : smaller dumping
[2015-11-05 22:56:14] zanza : OKCoin is getting ddos'd or something
[2015-11-05 22:59:56] sleger : 0kcoin ? works for me
[2015-11-05 23:03:34] zanza : http://cointelegraph.com/news/115562/biggest-bitcoin-exchange-okcoin-suffers-cyber-attack-price-plummets
[2015-11-05 23:03:40] zanza : mm, lol
[2015-11-05 23:03:55] j8 : that was yesterday
[2015-11-05 23:04:13] zanza : oh
[2015-11-05 23:04:39] zanza : 0 volume right now
[2015-11-05 23:09:58] IChTj4OeMavRq6qeIyEb : What's the best way to close a long position automatically if the price drops below a certain point?
[2015-11-05 23:12:44] null : IChTj4OeMavRq6qeIyEb: stop limit?
[2015-11-05 23:13:05] IChTj4OeMavRq6qeIyEb : Ok thanks
[2015-11-05 23:29:55] daverich : BitMEX_Sam, looking at the API for DELETE /order/all, you can pass a filter in '{"side":"Buy"}', Suppose I'd like to cancel all buy orders with a price over 500, could you pass in '{"side":"Buy", "price":">500"}' or something of the sort?
[2015-11-05 23:40:25] BitMEX_Sam : daverich: No, we don't have support for that, but that's an interesting suggestion
[2015-11-05 23:40:35] BitMEX_Sam : I would suggest keeping all your orders in a local map and just filtering if you need that
[2015-11-05 23:41:18] daverich : Thanks. Probably easier using a local map than querying for active orders and checking the price on each one against the mark price.
[2015-11-05 23:42:22] kogroken : Is fair price the price used to determine if a position gets liquidated or not?
[2015-11-05 23:42:44] wurstgelee : yep
[2015-11-05 23:42:52] kogroken : Thanks, just checking
[2015-11-05 23:45:27] BitMEX_Sam : daverich: Yeah. If you're using the websocket to keep on top of your order updates, you'll have that information at the ready anyway.
[2015-11-05 23:53:28] jung1 : Documentary: The Bitcoin Gospel (VPRO Backlight)
[2015-11-05 23:53:30] jung1 : https://www.youtube.com/watch?v=8zKuoqZLyKg
[2015-11-05 23:53:34] jung1 : really good
[2015-11-05 23:59:42] MiB_K : Greetings and Sanitations!
[2015-11-06 00:06:04] MiB_K : I was hoping to find some live people here, but I see that is not the case
[2015-11-06 00:06:21] j8 : hey i'm a person
[2015-11-06 00:06:27] j8 : whats up
[2015-11-06 00:08:25] MiB_K : I'm new to Bitcoin trading and I was hoping that someone might be able to point me in the right direction with some advice or some articles to read
[2015-11-06 00:09:12] SnackyCoins : babypips.com/school
[2015-11-06 00:09:15] SnackyCoins : the whole thing
[2015-11-06 00:09:20] SnackyCoins : preschool to graduation
[2015-11-06 00:09:28] MiB_K : The majority of my interest is in scalping, which is what drew me to Bitmex because of it's leverage options
[2015-11-06 00:10:49] SnackyCoins : even though it's forex it's all relevant, even market hours/holidays
[2015-11-06 00:11:10] kogroken : MiB_K: Start small, with some amount you can really really afford to lose. Initially you will lose more than you gain. Only once you learn to manage your positions better, add in money you can afford to lose.
[2015-11-06 00:12:23] j8 : yes especially if you're new to bitcoin trading be very careful with the leverage, it's a tool to master
[2015-11-06 00:12:40] kogroken : yeah, 100x is ticket to insanity city :P
[2015-11-06 00:12:59] j8 : i wouldn't recommend full 100x to anyone
[2015-11-06 00:13:02] SnackyCoins : ^
[2015-11-06 00:13:07] MiB_K : Alright, I'm not even quite sure how leverage works though
[2015-11-06 00:13:14] SnackyCoins : 100x was designed for the market when we had $2 swings all day
[2015-11-06 00:13:18] SnackyCoins : now we have $70 swings
[2015-11-06 00:13:41] SnackyCoins : (bitmex: don't reduce it!) :)
[2015-11-06 00:14:21] j8 : you deposit some amount, and then you can open a position worth many times that amount
[2015-11-06 00:14:45] SnackyCoins : even though i don't leverage past ~7x or so, i really like the incredibly small margin reqirement, gives me more flexibility
[2015-11-06 00:14:57] j8 : MiB_K: https://www.bitmex.com/app/lesson1
[2015-11-06 00:15:03] Swedishnut : rember SouthPark's Banker. Aaaaand ((if your innexperienced)) its gone
[2015-11-06 00:15:23] SnackyCoins : "aaaand it's gone" applies to experienced traders too ;)
[2015-11-06 00:15:40] kogroken : MiB_K: e.g. with 10x leverage you can trade with $10 if you put down $1. The trick is, if you would lose $1 with your $10 trading position, you get margin called and lose your money. The upside is that you can gain more than you would trading with just $1..
[2015-11-06 00:16:57] MiB_K : I think I see...
[2015-11-06 00:18:47] MiB_K : With no leverage, if the market drops 10%, you just loose that %. With leverage, if the market drops 10% and you're leveraged x10 you've lost all your money because you have to pay for ten times the loss, which 10% times 10 is 100% of your investment
[2015-11-06 00:19:24] kogroken : exactly
[2015-11-06 00:20:18] MiB_K : But on the flip side, a 10% increase would equate to a 100% profit on your actual investmnt
[2015-11-06 00:20:32] kogroken : In practice, the exchange will margin call you a bit before you hit 100% loss of initial capital, as the exchange may not otherwise be able to close your position and get all the money owed to other traders.
[2015-11-06 00:21:54] MiB_K : I wish I had known about that before this recent upswing
[2015-11-06 00:22:20] kogroken : Well, the bull market may not be over yet.
[2015-11-06 00:22:28] j8 : there were some ridiculous opportunities
[2015-11-06 00:22:28] MiB_K : When trading with leverage, how long can you hold a position?
[2015-11-06 00:22:49] j8 : MiB_K: each contract has a different expiry
[2015-11-06 00:22:51] kogroken : MiB_K: That depends on the contract type, you can see them in the drop down menu at the top.
[2015-11-06 00:23:02] j8 : some are short term, some longer
[2015-11-06 00:23:16] kogroken : The daily contracts close every day, then there's weekly, one that closes in december, and one that closes in march 2016
[2015-11-06 00:23:36] j8 : the daily `XBT24H` is by far the most traded
[2015-11-06 00:24:25] j8 : if you open a position, it will close at 12:00 GMT. but you can close it yourself before then.
[2015-11-06 00:24:33] MiB_K : Does that mean you have to hold a position that long?
[2015-11-06 00:24:36] kogroken : On the other hand, if you want to just follow the long term trend, you'll have to use one of the longer contracts.
[2015-11-06 00:24:36] Swedishnut : down to 375 then 350 , rocket fuel is likely being gathered by such large motions
[2015-11-06 00:25:06] kogroken : MiB_K: No, you can sell (or buy if you are short) at any time from orders in the orderbook.
[2015-11-06 00:25:53] SnackyCoins : MiB: you don't have to hold them that long, but that is the maximum time they can be held, so keep that in mind
[2015-11-06 00:26:35] SnackyCoins : you could have made the right call and lost money because the contract settled before it became profitable
[2015-11-06 00:26:42] MiB_K : Ok, if you were to sell early, does that mean the contract is over, or could you buy and sell again until the end date?
[2015-11-06 00:26:56] SnackyCoins : yes you can open and close it as many times as you want
[2015-11-06 00:26:59] BitMEX_Sam : MiB_K: You can buy and sell as much as you want
[2015-11-06 00:27:26] SnackyCoins : however your profits may be held and not be able to be used in new margin until expiry
[2015-11-06 00:27:49] SnackyCoins : like if you have 1 btc and make 1 more btc profit and close, you have to wait until the next contract to use that fresh 1btc in a new position
[2015-11-06 00:28:12] SnackyCoins : the original btc of course is returned to you right away and can be used again
[2015-11-06 00:28:20] MiB_K : Oh, I see
[2015-11-06 00:28:52] MiB_K : That explains why one would want to use a shorter term
[2015-11-06 00:29:23] billyboy402 : be greate if it was like okc and if you close and make profit on qlty you can get them on every friday after settlement
[2015-11-06 00:29:53] ayy lmao : okcoin qrt lets you withdraw profits before settlement?
[2015-11-06 00:30:06] j8 : billyboy402: it is like that
[2015-11-06 00:30:15] j8 : you just can't use profits as margin
[2015-11-06 00:30:25] j8 : until friday
[2015-11-06 00:30:39] MiB_K : Okcoin is on the Chinese market?
[2015-11-06 00:30:43] micmix : BitMEX_Sam: What's openingTimestamp in position data? Doesn't look like the timestamp when I opened that position
[2015-11-06 00:36:47] BitMEX_Sam : micmix: I'll have Wally double-check, but it should be when the position was first created, so it may seem incorrect for relisting futures
[2015-11-06 00:36:54] billyboy402 : i have giving up on okc , i am trading 100% here now ,
[2015-11-06 00:37:15] zanza : 0kc is getting hacking or ddos'd now
[2015-11-06 00:37:25] zanza : their volume disappeared
[2015-11-06 00:38:22] MiB_K : What's this bit about Restricted Jurisdictions?
[2015-11-06 00:39:44] micmix : BitMEX_Sam: it looks incorrect for weekly
[2015-11-06 00:40:33] MiB_K : The site says I can make an account but I can't make any deposits, does that mean deposits in USD?
[2015-11-06 00:40:44] MiB_K : What if I already have BTC?
[2015-11-06 00:40:47] BitMEX_Sam : MiB_K: We only do deposits in Bitcoin
[2015-11-06 00:40:57] BitMEX_Sam : But we are unfortunately not able to service US customers
[2015-11-06 00:41:38] MiB_K : Is that based on physical location or nationality?
[2015-11-06 00:43:52] zanza : some pro poker players move to Canada to play on Poker Stars :)
[2015-11-06 00:44:15] zanza : Jason Somerville
[2015-11-06 00:45:31] MiB_K : Well, I live very near the boarder, I wouldn't need to move
[2015-11-06 00:46:11] j8 : it's based on place of residence, i think
[2015-11-06 00:46:12] zanza : put in a ticket @MiB_K
[2015-11-06 00:46:23] MiB_K : But I'm a US citizen, which is why I asked if that restriction is based on nationality or geographical location
[2015-11-06 00:46:31] j8 : place of residence
[2015-11-06 00:46:41] j8 : so neither
[2015-11-06 00:46:52] MiB_K : zanza: What's a ticket?
[2015-11-06 00:47:36] zanza : support ticket, I am guessing since its FINCEN rules they are following, that it only effects people within US Borders, similar to Poker Exchanges
[2015-11-06 00:47:58] zanza : but you should get confirmation from their support, not this troll chat :)
[2015-11-06 00:48:04] gustavo7 : aah nice there is room for a 20$ drop
[2015-11-06 00:48:10] MiB_K : Oh, ok. Thanks, I'll look into that
[2015-11-06 00:48:37] zanza : `https://www.bitmex.com/sso/freshdesk`
[2015-11-06 00:51:26] zanza : we are close to a bottom support line @ 370
[2015-11-06 00:54:39] MiB_K : Where can I find a candlestick chart for BitMEX? Do I have to have an account for that?
[2015-11-06 00:54:58] gustavo7 : new low
[2015-11-06 01:01:35] zanza : MiB_K: select your contract you want to see, then there is "Chart" tab
[2015-11-06 01:01:47] zanza : next to `Order Control`
[2015-11-06 01:06:39] MiB_K : I found it, a friend let me log in to his account to see how it works
[2015-11-06 01:09:09] billyboy402 : this market marker bots is really annoying , it fucken remove all it order and flash new price
[2015-11-06 01:09:48] SnackyCoins : mib if you want to sign up your own account i have a 10% off fees for 6mo code: https://www.bitmex.com/register/aZXpH4
[2015-11-06 01:09:53] billyboy402 : should only update maybe the next $5 price target , not remove order from 377 to 390
[2015-11-06 01:10:18] zanza : lol @SnackyCoins
[2015-11-06 01:10:52] MiB_K : Well, I would but I happen to be located in America right now...
[2015-11-06 01:10:57] SnackyCoins : erryday i'm hustlin 8)
[2015-11-06 01:11:44] zanza : go back to Canada and watch some hockey @MiB_K
[2015-11-06 01:12:50] MiB_K : I could go for a walk and hang out at a coffee shop across the border, but that might not be good enough
[2015-11-06 01:13:32] SnackyCoins : yeah geoip is not super accurate
[2015-11-06 01:14:06] Scottv53 : BitMEX_Sam: Hi i had an incident last night where i put limit orders and they donot appear on the active order tab. why is that?
[2015-11-06 01:14:12] SnackyCoins : lot of people close to NY, like new jersey, get blocked from sites that block NY people
[2015-11-06 01:14:26] SnackyCoins : cause internet routes are wacky
[2015-11-06 01:14:34] SnackyCoins : dumping time
[2015-11-06 01:15:01] MiB_K : It's different when you're connecting to a non-USA ISP, that's pretty cut and dry
[2015-11-06 01:16:16] SnackyCoins : oh yeah? i've never worked with it personally. i figured a lot of southern canadians (or northern mexicans?) might have had issues
[2015-11-06 01:17:09] MiB_K : A Canadian business can't get hardwire internet access from a US company, they have to get it from a Canadian based company, even if it's a subsidary of a USA based company
[2015-11-06 01:17:29] SnackyCoins : ahhh
[2015-11-06 01:17:43] SnackyCoins : that makes a lot of sense
[2015-11-06 01:17:56] MiB_K : So you end up with a Canadian IP address. Mobile internet, however, is different because signals bleed across borders
[2015-11-06 01:19:21] MiB_K : I can think of many different ways to circumvent the restriction, but I really don't want to upset FINCEN if that's whose behind the rules
[2015-11-06 01:19:34] SnackyCoins : it's the CFTC
[2015-11-06 01:19:49] SnackyCoins : previously bitmex was outside of regulation because there was no handling of fiat
[2015-11-06 01:19:58] SnackyCoins : no spot market means no AMLKYC
[2015-11-06 01:20:10] SnackyCoins : (or deposits, or any fiat)
[2015-11-06 01:20:30] MiB_K : I thought it still didn't handle fiat?
[2015-11-06 01:20:32] SnackyCoins : but last month the CFTC said bitcoin is now a commodity and now you have to do all that shit for any derivitive
[2015-11-06 01:20:36] SnackyCoins : it doesn't
[2015-11-06 01:20:44] MiB_K : Oh... I see
[2015-11-06 01:21:13] MiB_K : What about all the Americans who had accounts prior to last month?
[2015-11-06 01:21:24] SnackyCoins : They gave warning to withdraw
[2015-11-06 01:21:34] MiB_K : Ouch
[2015-11-06 01:21:42] SnackyCoins : you had to verify your country to get your deposit address
[2015-11-06 01:21:48] SnackyCoins : even for old accounts
[2015-11-06 01:22:03] SnackyCoins : basically, what OKC did
[2015-11-06 01:22:11] MiB_K : My friend didn't have to verify his country
[2015-11-06 01:22:18] zanza : hey guys since this is kind of complex legal matter with serious implications, I don't think they like taling about this in trollchat
[2015-11-06 01:22:34] zanza : sp. submit a ticket but I do not think this discussion is approaite
[2015-11-06 01:23:12] SnackyCoins : we are not discussing any way to skirt the law here :) just how it got to be
[2015-11-06 01:23:50] zanza : since this is an official chat, there may be some vagueness of advice given here being official
[2015-11-06 01:23:52] SnackyCoins : but that's the end of the story anyhow
[2015-11-06 01:23:59] zanza : even if its given by a non employee
[2015-11-06 01:24:06] SnackyCoins : agreed but nobody is giving any advice 8)
[2015-11-06 01:24:19] SnackyCoins : that would indeed be the line
[2015-11-06 01:24:42] MiB_K : I agree also, even though I said specifically that I don't want to upset the regulations
[2015-11-06 01:26:12] MiB_K : A great many things are living in a grey area regarding cryptocurrency, and those things are tied to profits and bank accounts, so noone wants to do any upsetting of any authorities
[2015-11-06 01:26:28] j8 : the great thing about bitmex is, no bank accounts
[2015-11-06 01:26:55] dynamike23 : just magic internet money
[2015-11-06 01:27:03] MiB_K : You just transfer BTC to another wallet, right?
[2015-11-06 01:29:24] MiB_K : When you short on BitMEX, you're just selling and waiting for the price to go down before you buy agian?
[2015-11-06 01:29:36] SnackyCoins : yes
[2015-11-06 01:30:12] MiB_K : I've heard people talking about shorting where it involves borrowing bitcoin, is that different?
[2015-11-06 01:30:40] SnackyCoins : yes
[2015-11-06 01:30:52] SnackyCoins : that is going short on margin in a spot market
[2015-11-06 01:31:01] SnackyCoins : spot markets do not settle
[2015-11-06 01:31:12] SnackyCoins : and you pay an interest rate on the coins/fiat you have borrowed
[2015-11-06 01:31:37] habibi : bloodbath inc
[2015-11-06 01:31:54] SnackyCoins : the "borrowed capital" on futures contracts is essentially interest-free, however it is expressed in the premium of the futures contract
[2015-11-06 01:33:11] MiB_K : Does BitMEX offer that ability?
[2015-11-06 01:33:17] gustavo7 : this gotta bust some margins
[2015-11-06 01:33:19] SnackyCoins : No there is no spot market here
[2015-11-06 01:33:30] SnackyCoins : only derivatives, all settle
[2015-11-06 01:33:37] MiB_K : Ok, so I don't have to worry about that
[2015-11-06 01:33:56] MiB_K : I don't knwo what derivatives or settle is though
[2015-11-06 01:33:58] SnackyCoins : you don't have to worry about paying interest, you have to worry about expiry and premiums instead
[2015-11-06 01:34:02] IChTj4OeMavRq6qeIyEb : Went to class for 90 minutes, checked the price just now
[2015-11-06 01:34:05] gustavo7 : anyone think cny2400 will fall?
[2015-11-06 01:34:06] IChTj4OeMavRq6qeIyEb : holy fuck
[2015-11-06 01:34:19] SnackyCoins : futures contracts have a settlement date
[2015-11-06 01:34:29] SnackyCoins : this is the "expiry" line on the page
[2015-11-06 01:34:41] hashman : is it possible to get the withdrawl processed at the same time as the rebalance ?
[2015-11-06 01:34:48] Scottv53 : SnackyCoins: america has conspiracy laws that are so draconian.
[2015-11-06 01:35:00] habibi : hashman: withdraw is +1 after rebalances time
[2015-11-06 01:35:15] SnackyCoins : upon settlement, all positions are closed and profits/losses are realized
[2015-11-06 01:35:21] MiB_K : Scottv53: most laws in America are draconian
[2015-11-06 01:35:47] hashman : so after the rebalance, I have 1 hr to withdraw ?
[2015-11-06 01:36:25] habibi : settlements does @12 utc, withdraws does @13 utc
[2015-11-06 01:36:30] SnackyCoins : all i did was inform mib of the ctfc decision that forced changes in many parts of the bitcoin world. He could have read that on coindesk it is hardly private knowledge lol
[2015-11-06 01:37:08] SnackyCoins : nobody asked how to do anything, only why :)
[2015-11-06 01:37:33] cekseh : How do I change the oil on a 1980 honda civic
[2015-11-06 01:37:38] habibi : SnackyCoins: buy low,sell high. best tactic ever
[2015-11-06 01:37:40] MiB_K : SnackyCoins: A settlement is when the contract expires, but what if you exit a position before the expiry date?
[2015-11-06 01:37:57] SnackyCoins : mib then you are flat and not exposed to movement
[2015-11-06 01:37:59] habibi : cekseh: and thats the good question
[2015-11-06 01:38:11] habibi : 2400 falling
[2015-11-06 01:38:23] Scottv53 : i wonder is George Orwell's book "The Animal Farm"an appropriate description to describe USA, we corporate rules.
[2015-11-06 01:38:23] MiB_K : But you still have to wait for the settlement to collect any profits, yes?
[2015-11-06 01:38:45] habibi : MiB_K: to make them withdrawable
[2015-11-06 01:38:46] habibi : yes
[2015-11-06 01:38:47] SnackyCoins : you basically buy contracts to cover the ones you sold. you have to wait until they all expire to collect profits, but you may use the initial margin as soon as you close
[2015-11-06 01:39:09] gustavo7 : broken-moon-dream-dust don't buy this
[2015-11-06 01:39:24] gustavo7 : will it woodchip?
[2015-11-06 01:39:40] habibi : 2265 already gustavo7
[2015-11-06 01:40:08] MiB_K : I don't get buying contracts to coer the ones you sold part
[2015-11-06 01:40:49] habibi : when u go short - u sell contracts. to close profit u need to rebuy same ammount of contracts lower ;p
[2015-11-06 01:40:55] SnackyCoins : well if you go short 1000 contracts then you need to buy 1000 back to go flat
[2015-11-06 01:41:05] joequant : down down down
[2015-11-06 01:41:32] gustavo7 : i want to buy the bounce but there is none
[2015-11-06 01:41:37] SnackyCoins : don't
[2015-11-06 01:42:09] MiB_K : But to short on here, don't you have to already have the 1000 contracts before you can sell them?
[2015-11-06 01:42:17] SnackyCoins : no
[2015-11-06 01:42:24] habibi : still too calm, wiaiting for panic
[2015-11-06 01:42:27] SnackyCoins : you put up bitcoin as collateral
[2015-11-06 01:42:35] SnackyCoins : to buy or sell contracts
[2015-11-06 01:42:56] SnackyCoins : that is the "margin"
[2015-11-06 01:43:13] MiB_K : So what exactly is a contract then?
[2015-11-06 01:43:41] BitMEX_Wally : MiB_K: Each contract is worth 0.00001 XBT per $1 movement in price
[2015-11-06 01:43:57] BitMEX_Wally : You decide if you want to be long or short
[2015-11-06 01:44:57] MiB_K : You decide by choosing when to buy?
[2015-11-06 01:45:09] habibi : https://bfxdata.com/sentiment/longshort.php if long will squeze we will get under 300 probally
[2015-11-06 01:45:35] BitMEX_Wally : MiB_K: If you want to go long then buy. If you want to go short then sell
[2015-11-06 01:46:12] MiB_K : That part I understand
[2015-11-06 01:46:33] MiB_K : It's the contract part with BTC as collateral that's messing me up I tink
[2015-11-06 01:46:44] SnackyCoins : You just put up an ask or take someone's bid if you want to go short
[2015-11-06 01:46:57] SnackyCoins : same way you would go long.. just opposite 8)
[2015-11-06 01:47:20] BitMEX_Wally : Try putting some numbers in the Order Controls box. Like number of contracts, it will calculate the Order Value and tell you how much margin you need (Buy Cost / Sell Cost)
[2015-11-06 01:47:57] IChTj4OeMavRq6qeIyEb : Here's the bounce
[2015-11-06 01:47:58] zanza : downward support broken 370 ?
[2015-11-06 01:48:16] joequant : will be interesting to see if it repeats the pattern of the past few days
[2015-11-06 01:48:28] joequant : pump in the morning dump after lunch
[2015-11-06 01:48:30] habibi : 364-370 so just on the edge of support
[2015-11-06 01:48:44] habibi : lel 396 :D
[2015-11-06 01:48:57] BitMEX_Wally : If you go long 1000 contracts at $375 then you are long 3.75 Bitcoin of risk. This only requires 0.0375 Bitcoin of margin to Buy (or Sell)
[2015-11-06 01:49:27] joequant : I'm planning to go long right now, and then massively short at 11:30 local.
[2015-11-06 01:49:44] zanza : lol?
[2015-11-06 01:49:48] habibi : joequant: ? why exacly that way and time?
[2015-11-06 01:49:53] zanza : haha
[2015-11-06 01:49:59] joequant : it's a theory
[2015-11-06 01:50:09] habibi : lel :D
[2015-11-06 01:50:15] dynamike23 : gl
[2015-11-06 01:50:20] joequant : my guess is that some of the people trading are institutional traders
[2015-11-06 01:50:29] joequant : they want to buy stuff in the morning
[2015-11-06 01:50:32] MiB_K : I put 1000 in and it says the buy cost is 0.0539 XBT
[2015-11-06 01:50:45] joequant : and sell before lunch
[2015-11-06 01:50:47] SnackyCoins : just noticed the chart overlay has been updated with orders and new colors. +fantastic
[2015-11-06 01:51:07] BitMEX_Wally : MiB_K: That might be because the price is above the mark price right now
[2015-11-06 01:51:15] joequant : the market always seems to go up at around 0930 when the local broker opens ups.
[2015-11-06 01:51:27] Scottv53 : BitMEX_Wally: Hi i had an incident last night where i put limit orders and they donot appear on the active order tab. why is that?
[2015-11-06 01:51:39] SnackyCoins : joe what time zone if i may ask?
[2015-11-06 01:51:43] joequant : there are always two dips. One at the start of lunch and once at the end of lunch time
[2015-11-06 01:51:45] joequant : China
[2015-11-06 01:51:46] BitMEX_Wally : Scottv53: Did they immediately get filled?
[2015-11-06 01:51:54] SnackyCoins : ah yes
[2015-11-06 01:51:57] joequant : It's the eddie murphy theory
[2015-11-06 01:52:06] joequant : he uses it in the movie Trading Places
[2015-11-06 01:52:10] Scottv53 : no..
[2015-11-06 01:52:16] Scottv53 : BitMEX_Wally: no
[2015-11-06 01:52:18] BitMEX_Wally : Let me check
[2015-11-06 01:52:47] IChTj4OeMavRq6qeIyEb : China has been testing bottoms twice recently. Let's see if this one gets the same behavior
[2015-11-06 01:53:43] habibi : IChTj4OeMavRq6qeIyEb: u sure this is bottom?
[2015-11-06 01:53:45] IChTj4OeMavRq6qeIyEb : Such thin books on Finex it's ridiculous
[2015-11-06 01:53:51] podizzler3k : so who's the guy that bought 6000 at $395
[2015-11-06 01:53:54] podizzler3k : raise your hand in shame
[2015-11-06 01:53:56] Scottv53 : joequant: which market btc?
[2015-11-06 01:53:57] IChTj4OeMavRq6qeIyEb : habibi: Maybe not *the* bottom, but a bottom I think
[2015-11-06 01:54:08] BitMEX_Wally : Scottv53: I see you currently have an open order in `XBT24H`
[2015-11-06 01:54:10] IChTj4OeMavRq6qeIyEb : I know, what a call :p
[2015-11-06 01:54:24] MiB_K : I think I'm going to go start reading those links you guys gave me
[2015-11-06 01:54:44] MiB_K : Thanks for the advice and instruction
[2015-11-06 01:54:59] IChTj4OeMavRq6qeIyEb : RIP whoever took that 395 short
[2015-11-06 01:55:11] IChTj4OeMavRq6qeIyEb : 3846 contracts...
[2015-11-06 01:55:22] Scottv53 : yes as the result of the unseen orders on the open tabs @BitMEX_Wally
[2015-11-06 01:56:37] IChTj4OeMavRq6qeIyEb : If this really is the bottom there would be a great bull div on the one hour MACD
[2015-11-06 01:57:04] IChTj4OeMavRq6qeIyEb : *will be
[2015-11-06 01:57:28] Scottv53 : BitMEX_Wally: Yes, as the result of the unseen orders on the orders TAB.
[2015-11-06 01:58:16] smagin07 : do I make more cash if I don't isolate the margin?
[2015-11-06 01:58:22] habibi : IChTj4OeMavRq6qeIyEb: yep much better than at the start of this party from 240's
[2015-11-06 01:58:37] IChTj4OeMavRq6qeIyEb : habibi: What do you mean?
[2015-11-06 01:58:50] BitMEX_Wally : smagin07: Isolate margin means you only lose what you put in
[2015-11-06 01:59:06] habibi : more place for rising @ macd
[2015-11-06 01:59:25] smagin07 : and otherwise I lose .0043 per dollar amount?
[2015-11-06 01:59:26] BitMEX_Wally : You might make more by disabling cross margin, because if you are liquidated too soon you might miss out
[2015-11-06 01:59:35] BitMEX_Wally : Then again you might just lose more...
[2015-11-06 01:59:47] smagin07 : what's cross margin?
[2015-11-06 02:00:10] habibi : smagin07: margin that is covered by all anavaible funds
[2015-11-06 02:00:29] IChTj4OeMavRq6qeIyEb : smagin07: You'll probably want that. It uses your whole balance as margin. Otherwise you need to add margin to your positions quickly since they start out 100x
[2015-11-06 02:01:33] smagin07 : shweeettt, thanks
[2015-11-06 02:01:36] joequant : I'm just hoping things stabilize so that people buy the one month futures again.
[2015-11-06 02:01:44] smagin07 : BitMex has a solid community
[2015-11-06 02:01:48] smagin07 : much apprecaited
[2015-11-06 02:02:07] joequant : Normally I make money off the futures premium and arb futures and spot.
[2015-11-06 02:02:51] habibi : finex is drunk and took hobi down
[2015-11-06 02:05:12] BitMEX_Wally : Scottv53: Could you send an email to support@bitmex.com with details of the problem including the time it occurred?
[2015-11-06 02:05:33] habibi : IChTj4OeMavRq6qeIyEb: lets see if they will test again
[2015-11-06 02:05:58] IChTj4OeMavRq6qeIyEb : If it's a local higher low that would be cool too
[2015-11-06 02:06:08] Scottv53 : BitMEX_Wally: will do.
[2015-11-06 02:06:20] ohmannomma : can you check my last liquidation pleae?
[2015-11-06 02:06:23] BitMEX_Wally : Scottv53: You can cancel that order if you did not mean to submit it
[2015-11-06 02:06:43] IChTj4OeMavRq6qeIyEb : Waiting for a convincing break of 2445 to long or 2350 to short
[2015-11-06 02:06:58] BitMEX_Wally : ohmannomma: You seem to ask support to check every liquidation that happens.
[2015-11-06 02:07:05] BitMEX_Wally : ohmannomma: You get sent an email with all the details in
[2015-11-06 02:07:18] ohmannomma : just check cos its really upsetting
[2015-11-06 02:07:18] IChTj4OeMavRq6qeIyEb : I'm just scalping though so those are short term plays
[2015-11-06 02:07:54] BitMEX_Wally : ohmannomma: I understand it is upsetting, but please could you specify what you think is wrong with the liquidation?
[2015-11-06 02:07:57] IChTj4OeMavRq6qeIyEb : ohmannomma: If you manage your risk better, look for better entries, and don't let losses run it will be much easier to stay liquid
[2015-11-06 02:10:10] IChTj4OeMavRq6qeIyEb : Ok, where are all the people who desperately wanted to buy here two days ago? /s
[2015-11-06 02:11:02] peasant-wizard : Hey admins, stoked on the new chart indicators for orders and stops. Wondering; moving them isn't supposed to change them, right?
[2015-11-06 02:11:45] peasant-wizard : Curious as to why I can move the Limit order on the chart up and down, with it's horizontal line
[2015-11-06 02:12:16] BitMEX_Wally : peasant-wizard: Correct, you cannot do order entry from the chart yet
[2015-11-06 02:12:31] micmix : IChTj4OeMavRq6qeIyEb: I want to buy XBTZ15 but noone is selling below $500 :-(
[2015-11-06 02:12:48] peasant-wizard : Ok cool, just checking. Curious also, any word on One Cancels the Other orders?
[2015-11-06 02:12:52] SnackyCoins : chart based ordering coming soon? neato 8)
[2015-11-06 02:13:00] BitMEX_Wally : peasant-wizard: OCO is in the pipeline
[2015-11-06 02:13:04] peasant-wizard : Want bad. Stop cancels Limit Sell and vice verse
[2015-11-06 02:13:06] IChTj4OeMavRq6qeIyEb : micmix: Yeah I think that would be a good buy. Unfortunately it's not very liquid
[2015-11-06 02:13:23] peasant-wizard : BitMEX_Wally: Great, thanks kindly.
[2015-11-06 02:13:29] SnackyCoins : The features on this exchange just roll out nonstop, it's lovely
[2015-11-06 02:13:40] SnackyCoins : seems like every day there's something new
[2015-11-06 02:15:41] BitMEX_Wally : ohmannomma: You went short 1000 contracts of XBT24H at 368.01. Your liquidation price was 369.85 and the market is trading at above that...
[2015-11-06 02:15:55] BitMEX_Wally : ohmannomma: What would you like me to check?
[2015-11-06 02:17:31] joequant : re: XBTZ15 I just put in some sell bids
[2015-11-06 02:18:05] micmix : joequant: cool, thanks, going to start covering my short :-)
[2015-11-06 02:19:54] billyboy402 : 368.01 and margin call 369.85 some one max out on 100X :)
[2015-11-06 02:20:07] joequant : that's great. I need to hedge my longs :-)
[2015-11-06 02:23:13] habibi : IChTj4OeMavRq6qeIyEb: 2445
[2015-11-06 02:23:29] IChTj4OeMavRq6qeIyEb : habibi: Noticed and purchased :)
[2015-11-06 02:23:49] IChTj4OeMavRq6qeIyEb : Finex going crazy!
[2015-11-06 02:24:22] habibi : thx for call
[2015-11-06 02:24:40] habibi : be4, i went in at 370
[2015-11-06 02:24:56] IChTj4OeMavRq6qeIyEb : Nice
[2015-11-06 02:25:47] joequant : If my theory is right then it will pump for the next hour, and then you'll have a dump at around 11:30
[2015-11-06 02:26:05] habibi : IChTj4OeMavRq6qeIyEb: u look finex at btcwisdom? or another site, coz i think u noticed they pushin before it even shown on my pages
[2015-11-06 02:26:38] j8 : nap time?
[2015-11-06 02:26:40] peasant-wizard : Check out Hypron.net
[2015-11-06 02:26:45] peasant-wizard : habibi:
[2015-11-06 02:26:49] joequant : that's the theory
[2015-11-06 02:27:12] IChTj4OeMavRq6qeIyEb : habibi: Yep I'm using Bitcoin Wisdom. I would normally use Cryptowat.ch but it's been buggy recent. I'm out of my position now because China doesn't look convinced
[2015-11-06 02:27:14] IChTj4OeMavRq6qeIyEb : *recently
[2015-11-06 02:27:31] habibi : peasant-wizard: hypron uses btcwisdom, so same stuff
[2015-11-06 02:27:43] habibi : IChTj4OeMavRq6qeIyEb: yep closed mine as ewll
[2015-11-06 02:27:47] peasant-wizard : Yep I am just suggesting the use of 4X4
[2015-11-06 02:28:04] Scottv53 : joequant: what have you noticed to support your theory?
[2015-11-06 02:29:02] micmix : my theory is another DDOS OKC dump before settlement
[2015-11-06 02:31:19] habibi : BitMEX_Wally: do u suffer from ddos? or not yet ?
[2015-11-06 02:31:45] IChTj4OeMavRq6qeIyEb : micmix: Nearly 13% drop today already so that would surprise me a bit, but China still doesn't want to bounce convincingly off support
[2015-11-06 02:31:57] IChTj4OeMavRq6qeIyEb : So really I have no clue haha
[2015-11-06 02:36:13] joequant : just the timings. the market rises in the mornings China time, and all of the big crashes are after lunch.
[2015-11-06 02:36:40] habibi : seems like this china morning was diffrent
[2015-11-06 02:36:49] joequant : yes
[2015-11-06 02:36:51] joequant : it was
[2015-11-06 02:37:16] joequant : this is the problem with ideas like this. They aren't statistically testable because every morning is different.
[2015-11-06 02:37:26] habibi : anyway going to sleep, see u guys and good luck for everyone.
[2015-11-06 02:37:53] IChTj4OeMavRq6qeIyEb : habibi: Thanks! See you later
[2015-11-06 02:38:42] IChTj4OeMavRq6qeIyEb : Dream of up and to the right charts
[2015-11-06 02:39:54] micmix : joequant: I don't know, we had a lot of China morning dumps as well
[2015-11-06 02:40:09] joequant : yup. It's just the past week
[2015-11-06 02:40:25] joequant : that's the problem with these patterns, they moment you see them they disappear
[2015-11-06 02:40:40] joequant : which opens up the possibility that there was no pattern to begin with.
[2015-11-06 02:41:08] micmix : joequant: your theory is testable but I'm too lazy to write the code :-)
[2015-11-06 02:41:23] joequant : I have the code :-)
[2015-11-06 02:41:48] joequant : the docker image joequant/bitstation
[2015-11-06 02:41:58] joequant : I package up python scipy and R
[2015-11-06 02:42:14] joequant : So if was a pattern that happened for a month, it's statistical.
[2015-11-06 02:42:35] joequant : The way I'd test it is to try to find the people that were selling yesterday and interview them.
[2015-11-06 02:43:08] joequant : the fact that traders have to deal with patterns that aren't statistical drives academics nuts.
[2015-11-06 02:44:11] IChTj4OeMavRq6qeIyEb : joequant: Don't you have to question their existence if they're not supported statistically? That makes it sound more like the patterns are just in our heads, which seems more likely to me
[2015-11-06 02:44:24] micmix : well it's psychology and it's messy with all those humans involved :-)
[2015-11-06 02:44:58] micmix : I prefer statistics, computers and algorithms :-)
[2015-11-06 02:46:48] IChTj4OeMavRq6qeIyEb : micmix: Me too. Which reminds me. I should continue my adventures in making a BitMEX market maker bot
[2015-11-06 02:47:47] IChTj4OeMavRq6qeIyEb : After food though. See you all in a bit
[2015-11-06 02:53:36] peasant-wizard : Admins, have you thought about including Fiat value in the Unrealized PNL(ROE%) field? I like that profits are in BTC but I do find myself checking the fiat value of my positions frequently
[2015-11-06 02:54:06] peasant-wizard : I realize though that things I want to see might have already been worked over and vetoed for good reasons
[2015-11-06 03:09:35] podizzler3k : what is the closest chart to fair price out there for 24hr?
[2015-11-06 03:10:12] podizzler3k : there really should be a fair price chart somewhere if thats whats going to be used for liquidation
[2015-11-06 03:20:24] IChTj4OeMavRq6qeIyEb : podizzler3k: You can see the source of the "Indicative Settle Price" shown in the UI here https://tradeblock.com/markets/index
[2015-11-06 03:21:10] IChTj4OeMavRq6qeIyEb : 30 minutes before and up until XBT24H settlement, the Indicative Settle Price becomes a 30 minute Time Weighted Average of that index
[2015-11-06 03:21:54] IChTj4OeMavRq6qeIyEb : *Indicative Settlement Price
[2015-11-06 03:22:01] IChTj4OeMavRq6qeIyEb : Can anyone confirm I have that right?
[2015-11-06 03:22:05] podizzler3k : yeah thats fine and dandy but the fair price is this plus some other arbitrary number
[2015-11-06 03:25:18] IChTj4OeMavRq6qeIyEb : You can see all the calculations here https://www.bitmex.com/app/dynamicProfitEqualisation
[2015-11-06 03:25:58] IChTj4OeMavRq6qeIyEb : You can see the fair basis and fair basis rate here https://www.bitmex.com/app/contract/XBT24H
[2015-11-06 03:31:49] podizzler3k : cool now i just have to do a few calculations 3600 times and i can have a chart
[2015-11-06 03:31:51] podizzler3k : thanks!
[2015-11-06 03:36:52] podizzler3k : is the fair price availble to be looked up via websockets?
[2015-11-06 03:38:53] Scottv53 : joequant: as predicted the fall 11:30 am
[2015-11-06 03:39:24] BitMEX_Wally : podizzler3k: Yes subscribe to instrument
[2015-11-06 03:39:25] ohmannomma : guys what's your best ask NOW?
[2015-11-06 03:39:26] BitMEX_Wally : podizzler3k: wss://www.bitmex.com/realtime/websocket?subscribe=instrument:.XBT