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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[2015-11-07 16:08:46] zanza : Bitmex has 100x leverage, so it makes sense it has high volume
[2015-11-07 16:09:45] dorothy490 : okc has x25 and x10 customers so it doesn't makes sense
[2015-11-07 16:09:58] zanza : mm, yeah it might have something to do with "size"
[2015-11-07 16:10:21] zanza : maybe they are misreading a quanto as a full XBT trade
[2015-11-07 16:10:48] dorothy490 : BitMEX_Sam: also charting section mentiones TW as a chart soltuion but its doesnt works also
[2015-11-07 16:10:59] dorothy490 : take me to the team of whiny testers/ UI
[2015-11-07 16:21:48] Murch : It's calculating something wrong because it takes size as the number of contracts.
[2015-11-07 16:22:38] dorothy490 : reported to them
[2015-11-07 16:47:49] Murch : Is there a dev on?
[2015-11-07 16:49:09] zanza : so its overreporting about 258x if they are using each quanto
[2015-11-07 16:50:05] zanza : I wonder if bitmex will ever switch Quanto to `0.0001 ` from `0.00001 `
[2015-11-07 16:51:19] Murch : zanza: If the price of bitcoin increases in magnitude then they should only ever add 0s to that, right?
[2015-11-07 16:51:57] zanza : mm, well its the difference between order 1000 instead of 10,000
[2015-11-07 16:52:31] zanza : so if most of the volume is over size of 10, then maybe they could consider it. Its just a techniccality/convience
[2015-11-07 16:52:38] zanza : doesn't really effect anything
[2015-11-07 16:53:16] Murch : It would certainly make things neater in the order book but it might reduce the diversity of the orders. Either way the numbers would be lower haha.
[2015-11-07 16:53:41] zanza : yeah not a big deal at all
[2015-11-07 16:54:38] Murch : If a dev comes on later, just wanna say I love being able to see and close orders on the chart. Amazing idea!
[2015-11-07 16:54:50] BitMEX_Wally : Hello
[2015-11-07 16:55:16] Murch : Hey, good job with all the improvements around here. Really noticing the difference.
[2015-11-07 16:55:44] kogroken : Yes, it's actually quite practical.
[2015-11-07 16:55:58] BitMEX_Wally : Thanks
[2015-11-07 16:56:24] kogroken : Is there any way to show the Fair Price on the chart too? Would be interesting to see how it changes over time
[2015-11-07 16:56:33] Murch : kogroken: it was the thing I was missing that I didn't know the solution to.
[2015-11-07 16:56:43] BitMEX_Wally : kogroken: We have some changes planned regarding fairPrice and markPrice
[2015-11-07 16:57:14] kogroken : ok
[2015-11-07 17:13:27] habibi : Evening guys
[2015-11-07 17:23:28] zanza : habibi: hi
[2015-11-07 17:24:03] zanza : btw, what does BitMEX mean? anyone know
[2015-11-07 17:24:17] zanza : all i can think of is Mexico
[2015-11-07 17:24:41] SnackyCoins : Mercantile EXchange
[2015-11-07 17:25:19] SnackyCoins : like NYMEX or COMEX
[2015-11-07 17:26:35] BitMEX_Wally : BitMEX - Bitcoin Mercantile Exchange
[2015-11-07 17:26:51] BitMEX_Wally : Maybe we should rebrand as BlockMEX
[2015-11-07 17:26:56] SnackyCoins : lol
[2015-11-07 17:26:59] BitMEX_Wally : And offer the first blockchain derivatives
[2015-11-07 17:27:06] BitMEX_Wally : Our valuation would sky rocket
[2015-11-07 17:27:13] SnackyCoins : #finMEX
[2015-11-07 17:33:33] dorothy490 : BitMEX_Wally: can you plese check my account? I cant plaec a stop limit order for some reasons
[2015-11-07 17:33:53] BitMEX_Wally : Sure, what error are you getting?
[2015-11-07 17:34:03] dorothy490 : want to setup stop limit to buy 2521 if stop price wil become 386 by limit price 390
[2015-11-07 17:34:20] dorothy490 : executing at 390 will cause immidiate liqudation
[2015-11-07 17:35:54] BitMEX_Wally : Ahh, I think this is getting rejected by the frontend not the trading engine
[2015-11-07 17:35:59] BitMEX_Wally : We changed some of the risk checks
[2015-11-07 17:36:06] dorothy490 : mmm
[2015-11-07 17:36:30] TschavaTschigger : LOL @ blockMEX
[2015-11-07 17:36:33] BitMEX_Wally : Let me try and place the order manually for you
[2015-11-07 17:36:39] TschavaTschigger : bitcoin is dead.. long live the blockchain
[2015-11-07 17:37:01] dorothy490 : perhaps I can do it if remove isolated margin but I dont want to
[2015-11-07 17:37:28] dorothy490 : I have enough avaliable balance to be able to place it without unticking iso
[2015-11-07 17:38:49] BitMEX_Wally : Yes, I think the issue is that you are short -2521 and have open buys order to buy 4800 contracts
[2015-11-07 17:39:29] dorothy490 : could be thjat problem in that, but I should be able to do it despite of my open orders, right?
[2015-11-07 17:39:31] BitMEX_Wally : This means that the stop order is treated as an order that is opening a position rather than closing one
[2015-11-07 17:41:34] dorothy490 : so?
[2015-11-07 17:41:57] BitMEX_Wally : Let me try submitting the order manually
[2015-11-07 17:43:18] BitMEX_Wally : Ok you should see it
[2015-11-07 17:43:30] dorothy490 : yeah
[2015-11-07 17:43:33] BitMEX_Wally : The problem is the risk checks on the frontend, I will work with BitMEX_Sam to fix this
[2015-11-07 17:43:41] dorothy490 : ok thanks
[2015-11-07 18:26:54] dorothy490 : BitMEX_Wally: why I cant reduce margin on my isolated position?
[2015-11-07 18:27:23] BitMEX_Wally : You can only take out what you put in, minus any losses
[2015-11-07 18:30:48] BitMEX_Wally : dorothy490: It looks like a rounding issue. You can take out 0.19999998 but not 0.2
[2015-11-07 18:32:08] dorothy490 : I see, thanks
[2015-11-07 18:32:32] dorothy490 : get my 0.0001 XBT back!!!
[2015-11-07 18:32:39] dorothy490 : :kidding:
[2015-11-07 18:56:08] zanza : has anyone tried the "bit delta one" product?
[2015-11-07 18:58:55] dorothy490 : asked them for the beta access; would wait for results
[2015-11-07 19:06:29] dorothy490 : zanza: though considering that their main page shows wrong volume for Bitmex I'm not really into trusting them much :)
[2015-11-07 19:08:25] podizzler3k : i tried to register on bit delta one and i get 404
[2015-11-07 19:08:28] podizzler3k : pass
[2015-11-07 19:24:41] zanza : they need to adjust volume for quantos, yeah i would never give them my password or anything
[2015-11-07 19:26:53] zanza : i guess im too lazy to try that commandline bot, maybe i should give that a tr
[2015-11-07 19:50:20] dorothy490 : BitMEX_Wally: do you have any excel file which could calculate various scenarios for entry/exist/liquidation? I created one but seems like my math is little off and its not counting for dynamic quanto values
[2015-11-07 19:54:58] dorothy490 : need to backtest stuff before order exectution, that would help a lot
[2015-11-07 20:01:38] hashman : is email confirm required for withdrawls?
[2015-11-07 20:01:49] hashman : protonmail still down, can't get into my email
[2015-11-07 20:02:26] hashman : looks like I can't change the email on my account here
[2015-11-07 20:03:00] kendang : can anyone recommend any good books on trading? especially futures trading?
[2015-11-07 20:03:08] hashman : http://www.forbes.com/sites/thomasbrewster/2015/11/05/protonmail-pays-to-stop-ddos/
[2015-11-07 20:10:37] jung1 : we are going backo to 300
[2015-11-07 20:12:30] habibi : back to slovenia ^^
[2015-11-07 20:21:38] TschavaTschigger : hashman: yeah email confirmation still required.. I messed up my withdrawal today because I forgot to confirm
[2015-11-07 20:40:41] dorothy490 : фвьшты цруку фку нщг
[2015-11-07 20:40:51] dorothy490 : admins where are you guys
[2015-11-07 20:41:52] habibi : BitMEX_Wally: BitMEX_Sam here they are
[2015-11-07 20:42:57] zanza : hashman: Bitcoin killer app?
[2015-11-07 20:43:40] dorothy490 : I have pending orders for asks but at the same time I want to open an order via stop limit sell if price breaches X. I'm unable to do so cause system says it will result immidiate liquidation
[2015-11-07 20:55:21] jung1 : https://www.cryptocoinsnews.com/imf-director-tells-banks-do-not-worry-about-bitcoin-blockchain/
[2015-11-07 21:10:10] TschavaTschigger : god markets are boring today
[2015-11-07 21:18:11] zanza : does anyone think it would be cool to have an option to make orders, like limit `SPOT` * `.5%` so the order would be set so you could buy at -.5% XBT spot or something
[2015-11-07 21:19:59] dorothy490 : why
[2015-11-07 21:22:36] TschavaTschigger : zanza: sounds like a fun thing to add, but it doesn't add any new functionality. I guess it also makes the site more confusing for some people. Priority should definitely be on features that add functionality (like increasing leverage before opening a position instead of being forced to select cross margin)
[2015-11-07 21:22:42] dorothy490 : bro who spammed asks with 111 - R U MAD? :)
[2015-11-07 21:26:17] zanza : true @TschavaTschigger
[2015-11-07 21:26:32] zanza : 222 lol
[2015-11-07 21:26:44] floopfloop : dorothy490: me
[2015-11-07 21:27:13] zanza : what is the point of that ?
[2015-11-07 21:27:30] dorothy490 : floopfloop: I hope you got isolated margin with added margin enabled, otherwise EZ liquidation for ya
[2015-11-07 21:27:50] floopfloop : dorothy490: negative
[2015-11-07 21:28:07] floopfloop : i dont believe in isolated margin
[2015-11-07 21:28:12] habibi : comeone bitmex, do sth funny, get some premium
[2015-11-07 21:28:16] floopfloop : its against my religion
[2015-11-07 21:28:48] dorothy490 : then you have open buy positions and want to get out, thats understandable
[2015-11-07 21:29:06] floopfloop : dorothy490: I have a pony that needs to be fed
[2015-11-07 21:29:11] floopfloop : I got it for xmas
[2015-11-07 21:30:15] dorothy490 : fireworks!
[2015-11-07 21:31:17] IChTj4OeMavRq6qeIyEb : Nice interface tweaks
[2015-11-07 21:39:06] Murch : IChTj4OeMavRq6qeIyEb: yeah this exchange already feels perfect but I know it's gonna keep getting better. The closing orders on the chart is soooo useful.
[2015-11-07 21:39:42] IChTj4OeMavRq6qeIyEb : Hey @Murch good to see you. I haven't tried the new chart features yet but I'll certainly take a look
[2015-11-07 21:39:49] IChTj4OeMavRq6qeIyEb : How's your trading going?
[2015-11-07 21:40:19] Murch : IChTj4OeMavRq6qeIyEb: Going alright, just started again yesterday when my withheld cleared. Had .015 left and it's up to about .03 right now.
[2015-11-07 21:40:32] Murch : Good to talk to you again as well haha. :D
[2015-11-07 21:40:54] Murch : How about yourself man?
[2015-11-07 21:42:03] Murch : Look at the ridiculous premiums on the longer term contracts..
[2015-11-07 21:44:57] zanza : its not that high Murch, considering the time
[2015-11-07 21:45:51] Murch : zanza: But during the previous run up those contracts always traded close to the mark price.
[2015-11-07 21:46:10] Murch : I mean the premium of bitmex's bids.
[2015-11-07 21:48:53] zanza : dorothy490: where do you find " added margin enabled" option ?
[2015-11-07 21:50:40] Murch : zanza: if you have an isolated margin position, there will be a +B in the margin tab of your position. Click that.
[2015-11-07 22:00:15] IChTj4OeMavRq6qeIyEb : Murch: Well you doubled your money. Well done. I'm up .5 BTC. Was up .8 but had a choppy day yesterday
[2015-11-07 22:01:39] Murch : IChTj4OeMavRq6qeIyEb: well thanks haha, it does seem more encouraging that way. That's quite a lot though man nice job. I'm sure you're heading straight back to +1 profit soon.
[2015-11-07 22:02:07] Murch : Yesterday and the day before were really weird
[2015-11-07 22:02:29] Murch : But yesterday it did start heading up again, so I'm trying to buy dips again.
[2015-11-07 22:04:20] IChTj4OeMavRq6qeIyEb : Murch: I think buy the dip is a good plan right now, although I think I'll wait on a break of this triangle we're in
[2015-11-07 22:05:20] Murch : IChTj4OeMavRq6qeIyEb: That's probably the more sensible plan. I can still see this breaking down again randomly.
[2015-11-07 22:09:24] IChTj4OeMavRq6qeIyEb : Murch: Yep I'm a bit concerned about that. I just lost out trading without a plan yesterday so I am trying to be patient and wait for better signals
[2015-11-07 22:10:39] Murch : IChTj4OeMavRq6qeIyEb: That's fair. I honestly need to become more like that otherwise I get chopped up really badly sometimes.
[2015-11-07 22:11:42] IChTj4OeMavRq6qeIyEb : Murch: I'd say that's my greatest weakness other than not being patient enough. So many times I've gotten scared and closed my trades within a few minutes at a loss when five minutes later it would be profitable again
[2015-11-07 22:12:59] Murch : IChTj4OeMavRq6qeIyEb: Hmm yeah, although I do see the value in being cautious like you seem to be.
[2015-11-07 22:13:50] Murch : My biggest weakness is when I start winning a lot, it gets to my head and my position sizing goes out the fcking window.
[2015-11-07 22:14:50] Murch : Hmmm, this looks like it's going down actually
[2015-11-07 22:14:51] Murch : Might be time to short
[2015-11-07 22:15:31] IChTj4OeMavRq6qeIyEb : Murch: Haha that's definitely an issue too. I think I'm learning (slowly) to be more disciplined with trading. I hope so anyway
[2015-11-07 22:15:42] habibi : yea, rebounce pretty small
[2015-11-07 22:16:45] Murch : IChTj4OeMavRq6qeIyEb: The way I'm modulating it is I use cross margin and don't let the leverage on the account to go above 10. Gotta close some out if it gets there.
[2015-11-07 22:17:46] zanza : volume is dead on all exchanges
[2015-11-07 22:17:48] IChTj4OeMavRq6qeIyEb : Murch: That's a solid approach I think. I also think if you do win more there's nothing wrong with increasing position size a bit, but cutting it back when things get out of hand is important
[2015-11-07 22:17:53] zanza : it is weekend though, no bank transfers
[2015-11-07 22:18:18] IChTj4OeMavRq6qeIyEb : 6:18 AM in China. Please save us from the doldrums!
[2015-11-07 22:18:20] Murch : IChTj4OeMavRq6qeIyEb: Yes exactly.
[2015-11-07 22:19:11] Murch : It honestly might need to test 2400 again.
[2015-11-07 22:27:14] IChTj4OeMavRq6qeIyEb : Murch: I hope not but I'm ruling out very little at this point
[2015-11-07 22:28:50] Murch : IChTj4OeMavRq6qeIyEb: Well if it does, hopefully it will bounce back faster to resume uptrend.
[2015-11-07 22:29:14] IChTj4OeMavRq6qeIyEb : Murch: True. I don't mind shorting either but it's better for my cold storage if the price goes up haha
[2015-11-07 22:30:30] Murch : IChTj4OeMavRq6qeIyEb: True true, just gotta wait a bit, the rise was really fast this time so I'm hoping we're in for more parabolic shit soon.
[2015-11-07 22:31:40] IChTj4OeMavRq6qeIyEb : Murch: Can't complain about parabolic as long as it's parabolic up. That would be fun
[2015-11-07 22:32:06] Murch : IChTj4OeMavRq6qeIyEb: Of course hahaha
[2015-11-07 22:32:18] hashman : need help to change my email addy on my account. (can't get in to protonmail for days).
[2015-11-07 22:32:29] hashman : can't email support in this case
[2015-11-07 22:32:53] hashman : except from a different account, of course.
[2015-11-07 22:32:55] SnackyCoins : protonmail was underddos
[2015-11-07 22:33:03] SnackyCoins : might be ok now? they paid ransom
[2015-11-07 22:33:05] hashman : still down, all day today
[2015-11-07 22:33:09] SnackyCoins : damn
[2015-11-07 22:33:16] hashman : can't confirm withdrawl
[2015-11-07 22:33:25] hashman : can't change email on bitmex acocunt
[2015-11-07 22:33:29] hashman : sux
[2015-11-07 22:33:56] IChTj4OeMavRq6qeIyEb : hashman: That's tough. I wonder if you could get an admin to change it for you
[2015-11-07 22:34:02] IChTj4OeMavRq6qeIyEb : @BitMEX_Wally?
[2015-11-07 22:34:13] hashman : yeah that's why I'm asking in here
[2015-11-07 22:34:17] wendelmaques : Hi, can someone share a good link how buy/sell contracts works... I wold like to learn with examples. For example: what happen at expiry when you buy or sell XBT24H contracts.
[2015-11-07 22:35:21] Murch : https://www.bitmex.com/app/lesson1
[2015-11-07 22:35:39] wendelmaques : nice, thanks.
[2015-11-07 22:35:43] Murch : np
[2015-11-07 22:36:10] IChTj4OeMavRq6qeIyEb : Even though it's sort of a complex system, BitMEX has such great documentation
[2015-11-07 22:36:40] wendelmaques : yeah, but is hard to understand, it not like options.
[2015-11-07 22:37:15] Murch : This is easier than options imo.
[2015-11-07 22:37:25] Murch : All you gotta remember is buy low and sell high.
[2015-11-07 22:37:37] Murch : Whatever the difference is, is what you keep.
[2015-11-07 22:38:45] IChTj4OeMavRq6qeIyEb : Yeah I don't understand options at all, although I've never tried or had a reason to
[2015-11-07 22:40:04] wendelmaques : Thanks Murch, but I want to use BitMEX to hedge with other exchanges, so I need to understated if I need to sell or buy at BitMEX to hedge right.
[2015-11-07 22:40:40] IChTj4OeMavRq6qeIyEb : wendelmaques: You'll want to read about the XBU contracts for hedging I think
[2015-11-07 22:40:56] Murch : wendelmaques: Ah okay you may want to just read through the faq and contract types then.
[2015-11-07 22:40:56] IChTj4OeMavRq6qeIyEb : https://www.bitmex.com/app/seriesGuide/XBU
[2015-11-07 22:45:02] IChTj4OeMavRq6qeIyEb : Been working on some TA: http://goo.gl/ubFQZm
[2015-11-07 22:45:32] habibi : IChTj4OeMavRq6qeIyEb: +1
[2015-11-07 22:45:57] Murch : hahah
[2015-11-07 22:46:12] Murch : Mmm this is what I like to see.
[2015-11-07 22:49:46] podizzler3k : mmmm mmm mmmm
[2015-11-07 22:49:47] podizzler3k : delicious
[2015-11-07 22:49:57] IChTj4OeMavRq6qeIyEb : I agree
[2015-11-07 22:50:11] podizzler3k : im not taking profits until 2650 tho
[2015-11-07 22:50:14] podizzler3k : so lets make it happen
[2015-11-07 22:50:15] IChTj4OeMavRq6qeIyEb : Glad I decided a long may be a good idea at the bottom of this. It's small but I can add to it if we break resistace
[2015-11-07 22:50:19] IChTj4OeMavRq6qeIyEb : *resistance
[2015-11-07 22:50:26] podizzler3k : i have to get to panama
[2015-11-07 22:53:10] IChTj4OeMavRq6qeIyEb : podizzler3k: How's that going for you?
[2015-11-07 22:53:19] podizzler3k : not good
[2015-11-07 22:53:27] podizzler3k : http://imgur.com/ODmyE39 shes waiting for me and i cant get there
[2015-11-07 22:53:56] IChTj4OeMavRq6qeIyEb : Serious or joking?
[2015-11-07 22:54:35] podizzler3k : serious but if i cant scrounge together 4btc she will move on
[2015-11-07 22:54:50] Murch : Hmmm
[2015-11-07 22:54:52] podizzler3k : and i will have to go back to walmart to look for a girl
[2015-11-07 22:55:09] Murch : Seems legit
[2015-11-07 22:55:30] IChTj4OeMavRq6qeIyEb : Murch: :p
[2015-11-07 22:55:40] podizzler3k : china must buy
[2015-11-07 22:55:54] Murch : podizzler3k: no worries man, China got yo back
[2015-11-07 22:56:04] podizzler3k : thx bro
[2015-11-07 22:56:37] Murch : ye
[2015-11-07 22:58:29] podizzler3k : now that im comfortable with bitmex im pretty happy with it
[2015-11-07 22:58:46] podizzler3k : i like how they dont liquidate you if you get "kinda near" the liquidation price like okcoin
[2015-11-07 22:59:17] podizzler3k : although i still would like a chart of fair price over time
[2015-11-07 22:59:32] IChTj4OeMavRq6qeIyEb : podizzler3k: For sure. OKCoin is such a bucket shop it's not even funny. You can tell BitMEX tries really hard to be legit and focus on a solid service
[2015-11-07 22:59:32] podizzler3k : working with some nerds to accomplish that atm
[2015-11-07 23:00:00] podizzler3k : yep
[2015-11-07 23:00:16] IChTj4OeMavRq6qeIyEb : podizzler3k: Nice. I wrote a Python script that updates the orderbook from websockets but I haven't done anything cool with that data yet
[2015-11-07 23:00:52] IChTj4OeMavRq6qeIyEb : I'd like to show the return from closing the current position into the orderbook taking into account fees and such
[2015-11-07 23:03:44] podizzler3k : coinigy keeps telling me they are gonna have some integration soon
[2015-11-07 23:03:57] podizzler3k : will be interesting to see what they come up with
[2015-11-07 23:04:14] IChTj4OeMavRq6qeIyEb : podizzler3k: That sounds interesting. I don't know much about coinigy
[2015-11-07 23:08:56] podizzler3k : its mostly for charting and keeping track of balances but they have some good trading tools too http://imgur.com/AQ8YKV9
[2015-11-07 23:09:30] IChTj4OeMavRq6qeIyEb : Looks pretty useful. Thanks for the screenshot
[2015-11-07 23:09:56] podizzler3k : yeah they have stop losses for sites that dont support stop loss, stuff like that
[2015-11-07 23:10:18] podizzler3k : click on the chart to place an order. cool stuff
[2015-11-07 23:11:03] IChTj4OeMavRq6qeIyEb : Nice!
[2015-11-07 23:11:21] habibi : chart or orderbook?
[2015-11-07 23:16:48] podizzler3k : both
[2015-11-07 23:26:36] Murch : Shit, lower high
[2015-11-07 23:28:24] IChTj4OeMavRq6qeIyEb : Murch: Still in consolidation I think. I did close my small long from the bottom of the range though
[2015-11-07 23:28:46] IChTj4OeMavRq6qeIyEb : I should probably wait for breakout now if I don't want to get chopped
[2015-11-07 23:29:39] Murch : IChTj4OeMavRq6qeIyEb: hmm yeah this is sketchy
[2015-11-07 23:31:14] podizzler3k : this consolidation is excrutiating
[2015-11-07 23:31:19] podizzler3k : need 1000x leverage
[2015-11-07 23:31:22] podizzler3k : :P
[2015-11-07 23:33:29] IChTj4OeMavRq6qeIyEb : podizzler3k:
[2015-11-07 23:33:37] IChTj4OeMavRq6qeIyEb : I couldn't do it
[2015-11-07 23:33:45] IChTj4OeMavRq6qeIyEb : 10x is plenty scary for me
[2015-11-07 23:34:28] Murch : Yup I'm selling this
[2015-11-07 23:35:03] Murch : Might end up being a bad idea but I don't feel safe long right now
[2015-11-07 23:35:24] IChTj4OeMavRq6qeIyEb : Murch: Definitely err on the safe side
[2015-11-07 23:35:47] Murch : indeed
[2015-11-07 23:37:23] IChTj4OeMavRq6qeIyEb : Just looking at the 30 minute and 4 and 6 hours MACD make me want to open a big long but I know they're not super reliable, just indicators
[2015-11-07 23:39:09] Murch : Hmm but if you look at the 4h MACD then you can see that during the return from red to the middle soon the price didn't really gain momentum so I don't think it's as valid.
[2015-11-07 23:39:50] podizzler3k : this kind of reminds me of 10/24 right before a big pump
[2015-11-07 23:39:53] Murch : MACD works well when the price is also traveling quickly in the direction that the momentum is indicating.
[2015-11-07 23:40:56] Murch : As soon as I see a higher high I'll be on the bull train
[2015-11-07 23:41:07] podizzler3k : big volume any minute
[2015-11-07 23:41:14] podizzler3k : *rubs hands together*
[2015-11-07 23:41:25] Murch : until then, we heading back to 2400s
[2015-11-07 23:44:22] IChTj4OeMavRq6qeIyEb : Murch: Perhaps. At least Finex isn't dumping at every possible at every opportunity like the other day. That was pretty bearish
[2015-11-07 23:45:29] Murch : Yup now it's just sideways lol
[2015-11-07 23:47:29] IChTj4OeMavRq6qeIyEb : Murch: Not much better. I wish I had my beginner's luck back with some of that strong momentum volatility though
[2015-11-07 23:48:20] Murch : For sure it's that volatility that I'm waiting here all day for LOL
[2015-11-07 23:48:34] IChTj4OeMavRq6qeIyEb : Haha
[2015-11-07 23:48:43] Murch : Well I shorted some, let's see how it goes
[2015-11-07 23:49:10] IChTj4OeMavRq6qeIyEb : Best of luck :)
[2015-11-07 23:49:18] Murch : Thank you, sir
[2015-11-07 23:49:23] IChTj4OeMavRq6qeIyEb : Definitely we could touch the bottom of this consolidation range again before moon ;)
[2015-11-07 23:50:48] Murch : Question is, is this dip 5, 10, 20, or not actually a dip but a crash?
[2015-11-07 23:52:03] IChTj4OeMavRq6qeIyEb : Murch: That's literally the million dollar question
[2015-11-07 23:52:18] Murch : heh heh
[2015-11-07 23:58:27] habibi : at that speed in 2 hour maybe we will get down by 50 cny
[2015-11-07 23:58:31] habibi : maybe...
[2015-11-08 00:00:21] IChTj4OeMavRq6qeIyEb : Murch: That short is looking nice right now, except for lack of volume which hasn't been there on the way up either. That's just how consolidation works though.
[2015-11-08 00:00:53] Murch : IChTj4OeMavRq6qeIyEb: hmm yeah, might have to close a little bit or something. I might keep it open a bit longer though.
[2015-11-08 00:01:53] IChTj4OeMavRq6qeIyEb : Murch: Your call. I'm at a net loss still and wouldn't recommend any of my trading advice anyway haha
[2015-11-08 00:02:26] IChTj4OeMavRq6qeIyEb : OKCoin broke my support line :( Gonna sit back and watch for now though. Not convinced yet
[2015-11-08 00:02:28] Murch : IChTj4OeMavRq6qeIyEb: it's cool man, gotta hear all the perspectives to make the best decisions
[2015-11-08 00:02:48] IChTj4OeMavRq6qeIyEb : Murch: For sure. That's the right attitude to have about it
[2015-11-08 00:03:02] Murch : Damn, maybe it'll bounce soon?
[2015-11-08 00:03:06] gustavo7 : up and down in this range, wth
[2015-11-08 00:05:01] IChTj4OeMavRq6qeIyEb : Small long again. Don't think it was a real breakout
[2015-11-08 00:05:41] Murch : Yeah just covered and went long too
[2015-11-08 00:06:42] IChTj4OeMavRq6qeIyEb : If you want to add to that position you can buy short at the top ;)
[2015-11-08 00:08:00] TschavaTschigger : market are awake.. finally
[2015-11-08 00:08:09] Murch : haha
[2015-11-08 00:09:43] IChTj4OeMavRq6qeIyEb : That bounce off the bottom of the triangle. Some volume along with it too. Nice
[2015-11-08 00:09:47] Murch : The biggest mindfuck right now is that if you look at the 1h candles, the chart has convexity and concavity.
[2015-11-08 00:11:18] Murch : IChTj4OeMavRq6qeIyEb: that was indeed a nice bounce, I hope the bulls run with it.
[2015-11-08 00:11:32] abc123 : coinigy looks good anybody use coincube ?
[2015-11-08 00:12:13] Murch : abc123: what's coincube?
[2015-11-08 00:13:03] abc123 : coincube.io
[2015-11-08 00:14:21] abc123 : a trading platform that uses api's and places trades for you based on their algo
[2015-11-08 00:14:30] Murch : Hmm seems interesting
[2015-11-08 00:14:45] IChTj4OeMavRq6qeIyEb : Looks like a ponzi to me so be careful guys
[2015-11-08 00:15:16] IChTj4OeMavRq6qeIyEb : Maybe it's not but showing large percent gains on the front page like that is suspicious
[2015-11-08 00:16:06] AudibleScience : abc123: seems pretty cool to me...
[2015-11-08 00:16:09] Murch : You can see the performance over time. It's basically like investing in a fund or something
[2015-11-08 00:16:23] abc123 : they never hold your funds
[2015-11-08 00:16:38] IChTj4OeMavRq6qeIyEb : Murch: I guess so. I'm just suspicious of bitcoin services like that because they have often been schemes in the past
[2015-11-08 00:16:43] IChTj4OeMavRq6qeIyEb : abc123: How does that work?
[2015-11-08 00:16:45] abc123 : i heard about it on the letstalkbitcoin podcast
[2015-11-08 00:17:01] IChTj4OeMavRq6qeIyEb : Oh I see they use your API keys
[2015-11-08 00:17:06] IChTj4OeMavRq6qeIyEb : Couldn't they make bad trades thouh?
[2015-11-08 00:17:09] IChTj4OeMavRq6qeIyEb : *though>
[2015-11-08 00:17:10] IChTj4OeMavRq6qeIyEb : *?
[2015-11-08 00:17:16] AudibleScience : IChTj4OeMavRq6qeIyEb: you don't have to give it access to an account that has too many funds in it either... that way you're only putting at risk whatever you have in the accounts you give it control over.
[2015-11-08 00:17:18] abc123 : yes i def understand i got f-ing Gaw-ed
[2015-11-08 00:17:34] IChTj4OeMavRq6qeIyEb : AudibleScience: Oh ok. Sounds interesting
[2015-11-08 00:17:41] IChTj4OeMavRq6qeIyEb : abc123: Ouch. Sorry to hear that buddy
[2015-11-08 00:17:53] abc123 : so i am very sceptical about anything crypto
[2015-11-08 00:18:08] zanza : abc123: u should be
[2015-11-08 00:18:11] Murch : Can't see the last 3 weeks of its performance though.
[2015-11-08 00:18:30] zanza : so is a fund that returns interest?
[2015-11-08 00:18:34] abc123 : i think it has to build over time
[2015-11-08 00:19:11] zanza : probably a scam
[2015-11-08 00:19:16] Murch : Damnit, I keep chopping myself on this
[2015-11-08 00:19:39] Murch : shorting again...
[2015-11-08 00:19:44] abc123 : on the podcast the guy was saying they are kind of taking a risk because if you make profit you have to send them their cut on like an honor system
[2015-11-08 00:19:57] zanza : lol
[2015-11-08 00:20:04] zanza : scammy scam scam
[2015-11-08 00:20:38] Murch : abc123: they take absolutely no risk, it's not their capital.
[2015-11-08 00:20:50] abc123 : well they have no access to your funds just thought i would put it out there
[2015-11-08 00:20:57] abc123 : true
[2015-11-08 00:21:04] IChTj4OeMavRq6qeIyEb : Murch: Just let me know what your positions are and I'll be the contrarian ;)
[2015-11-08 00:21:16] zanza : ???
[2015-11-08 00:21:24] Murch : IChTj4OeMavRq6qeIyEb: hahah, well you've got your answer, go long now :P
[2015-11-08 00:21:38] IChTj4OeMavRq6qeIyEb : Murch: Have been, still holding it haha
[2015-11-08 00:21:53] Murch : I see I see
[2015-11-08 00:22:15] TschavaTschigger : coincube sounds superfishy
[2015-11-08 00:22:55] IChTj4OeMavRq6qeIyEb : There's a chance it's legit but I'm skeptical too @TschavaTschigger
[2015-11-08 00:24:18] IChTj4OeMavRq6qeIyEb : Usually the people you find selling a trading strategy wouldn't be if they had a successful strategy
[2015-11-08 00:25:55] Murch : Some people will follow it at the right time and make a lot of money. That's what they're banking on I'm assuming. It's actually very clever.
[2015-11-08 00:26:24] TschavaTschigger : Murch: it's not clever, its illegal
[2015-11-08 00:26:29] habibi : anyway is they get access to api keys that allows to trade only, then they can use it only for better profit of their own trades - thats the only bad thing can happen
[2015-11-08 00:27:17] Murch : The more I think about their site the shadier it seems.
[2015-11-08 00:27:25] IChTj4OeMavRq6qeIyEb : habibi: That's a big issue as far as I'm concerned. They can use other people's accounts to trade against their own
[2015-11-08 00:27:28] Murch : They also only showed the performance up to like october 15
[2015-11-08 00:27:47] habibi : but still, i dont think they would sell a profitable strategy, so anyone can look for trades->analize and replicate it and get rid of theirs commision
[2015-11-08 00:27:50] IChTj4OeMavRq6qeIyEb : TschavaTschigger: Not sure it's illegal if people give them access. Predatory yes
[2015-11-08 00:28:14] habibi : anyway profitable strategy over time is still profitable so no problem to use 1-10x or even 1-20 x leverage to multiple profits
[2015-11-08 00:28:22] IChTj4OeMavRq6qeIyEb : Successful strategies aren't sold though, that's true
[2015-11-08 00:29:03] sleger : you dont understand, they are not selling the strategy
[2015-11-08 00:29:08] habibi : thats why its fishy, if strategy is working they would find very fast a funding
[2015-11-08 00:29:16] IChTj4OeMavRq6qeIyEb : Say goodbye @Murch haha
[2015-11-08 00:29:22] sleger : they are just acting like hedge funds do, invest money and then they take x% of returns if positive
[2015-11-08 00:29:27] Murch : IChTj4OeMavRq6qeIyEb: oh gawd
[2015-11-08 00:29:36] IChTj4OeMavRq6qeIyEb : Bye bye short lol
[2015-11-08 00:29:38] habibi : sledger they not, but if u would analize whole bunch of trades during time
[2015-11-08 00:29:39] TschavaTschigger : their team sounds superfishy too.. ok what we got here? the ceo is "serial entrepreneur" which basically means he has failed before. The second guy is "freelance developed" and the third guy has "recently developed a profitable arbitrage program"....
[2015-11-08 00:29:44] Murch : seriously the choppiest shit
[2015-11-08 00:29:55] habibi : then u can find ideas and spots to find out how its works
[2015-11-08 00:30:04] TschavaTschigger : What a team... nobody has any experience in the finance field or algorithmic trading field but ok.
[2015-11-08 00:31:06] IChTj4OeMavRq6qeIyEb : I didn't want to dismiss coincube right off the bat but it's sounding worse and worse haha
[2015-11-08 00:31:12] habibi : i dont know how api keys works on finex, but for some exchanges u set flags of allows for keys- withdraw flag as well, for example they will get many users that dont care about limiting keys to trade only and one day they will go gox
[2015-11-08 00:32:44] IChTj4OeMavRq6qeIyEb : habibi: That would be way too tempting for sure. There's easy profit haha
[2015-11-08 00:33:25] Murch : RIP
[2015-11-08 00:33:39] IChTj4OeMavRq6qeIyEb : Murch: Happened to me yesterday. Not every day is a winner
[2015-11-08 00:34:35] Murch : IChTj4OeMavRq6qeIyEb: It's okay I'm long now. Time to turn this day into a winner.
[2015-11-08 00:34:53] IChTj4OeMavRq6qeIyEb : Murch: Best of luck as always :)
[2015-11-08 00:35:02] IChTj4OeMavRq6qeIyEb : Time to go short lol
[2015-11-08 00:35:12] IChTj4OeMavRq6qeIyEb : Jk I think this is breaking upward
[2015-11-08 00:35:13] Murch : IChTj4OeMavRq6qeIyEb: hahah I really need it man, best of luck to you as well :D
[2015-11-08 00:35:18] IChTj4OeMavRq6qeIyEb : Murch: Thanks!
[2015-11-08 00:35:39] IChTj4OeMavRq6qeIyEb : Breaking up on volume. Praise China
[2015-11-08 00:37:07] habibi : 2 cny to go
[2015-11-08 00:38:22] IChTj4OeMavRq6qeIyEb : habibi: Getting iffy. Idk
[2015-11-08 00:38:26] Murch : Cmon China dooo eeeet
[2015-11-08 00:39:16] IChTj4OeMavRq6qeIyEb : I'm out. Gotta take good profits when I can get them
[2015-11-08 00:39:46] habibi : yea already on short as well
[2015-11-08 00:39:52] Murch : I'm gonna stick it out
[2015-11-08 00:40:16] IChTj4OeMavRq6qeIyEb : habibi: I'm not going that far yet. I think the local top will be tested again and I may relong if it breaks
[2015-11-08 00:40:27] IChTj4OeMavRq6qeIyEb : Murch: Good call I think. We'll see
[2015-11-08 00:40:56] Murch : IChTj4OeMavRq6qeIyEb: I hope so, I'm tired of waiting =_=
[2015-11-08 00:42:45] IChTj4OeMavRq6qeIyEb : Murch: I hope so too. I'd really like to see a strong return to the high 400s
[2015-11-08 00:43:01] IChTj4OeMavRq6qeIyEb : Well 1000s really but I'm trying to set attainable goals haha
[2015-11-08 00:43:07] habibi : IChTj4OeMavRq6qeIyEb: yea u right, closed short 0.6 lower then opened and lets see action
[2015-11-08 00:43:10] Murch : high 400s would make me happy in my pants
[2015-11-08 00:43:31] IChTj4OeMavRq6qeIyEb : Oh no people are trading off me. I should be quiet :p
[2015-11-08 00:44:10] AudibleScience : Murch: lol
[2015-11-08 00:44:50] IChTj4OeMavRq6qeIyEb : From now on I'm just going to say I'm taking a position and let people guess lol. 50/50 chance of getting it right
[2015-11-08 00:45:10] AudibleScience : Murch: The weekend is not usually that great at delivering epic pumps though man.
[2015-11-08 00:45:13] habibi : i would say short
[2015-11-08 00:45:31] habibi : but still i hope it will long ;p
[2015-11-08 00:45:40] Murch : AudibleScience: :(
[2015-11-08 00:46:21] Murch : dicks
[2015-11-08 00:46:26] habibi : or back to 75 and again atack >90
[2015-11-08 00:46:44] IChTj4OeMavRq6qeIyEb : Murch: I was a little snotty about trading opposite to you. Sorry about that man
[2015-11-08 00:47:18] Murch : IChTj4OeMavRq6qeIyEb: hahah, I don't mind man I know you're only joking around. Thanks though
[2015-11-08 00:47:28] IChTj4OeMavRq6qeIyEb : :)
[2015-11-08 00:48:19] habibi : btw guys what is minimal range between opening and closing position to pay fees?
[2015-11-08 00:48:46] Murch : Goin long again
[2015-11-08 00:48:56] Murch : 37th time's the charm
[2015-11-08 00:49:26] habibi : too early
[2015-11-08 00:49:34] TschavaTschigger : habibi: https://www.bitmex.com/app/fees
[2015-11-08 00:49:36] IChTj4OeMavRq6qeIyEb : Murch: Hahaha sounds just like me yesterday man. Hope it works for you
[2015-11-08 00:50:13] Murch : IChTj4OeMavRq6qeIyEb: thanks man me too =_=
[2015-11-08 00:51:00] IChTj4OeMavRq6qeIyEb : habibi: I was working on a script to make that easier to see based on current position, but as you fees are .05% of the total bitcoin value on either side of the trade if you close into the book. If you use a limit order to do it the fee is 0
[2015-11-08 00:52:17] habibi : yea 0.195$ from 390$ position
[2015-11-08 00:53:09] Murch : Aight let's do this, my body is ready
[2015-11-08 00:53:22] habibi : IChTj4OeMavRq6qeIyEb: if u ever would do that script, i would tip u for it ;p
[2015-11-08 00:53:30] TschavaTschigger : market is so flat.. think I'm going to bed... 2am right here
[2015-11-08 00:54:11] habibi : TschavaTschigger: central/western europe?
[2015-11-08 00:54:17] TschavaTschigger : i'll take a shit before... maybe someone reanimates that comatose market meanwhile
[2015-11-08 00:54:26] TschavaTschigger : habibi: yeah.. austria
[2015-11-08 00:55:25] lockhedge : TschavaTschigger: na servas
[2015-11-08 00:55:50] habibi : anyway support on hobi getting bigger, but who cares about bid on chinese exchanges ;p
[2015-11-08 00:55:57] habibi : bids*
[2015-11-08 00:59:23] Murch : We've been narrowing in on this single price point for almost 24 hours geezus fack
[2015-11-08 00:59:48] zanza : dont expect much move until monday imo
[2015-11-08 00:59:55] habibi : looking back for last month yea its pretty boring
[2015-11-08 01:00:02] habibi : but look for past half year ;p
[2015-11-08 01:00:15] IChTj4OeMavRq6qeIyEb : habibi: You'd actually tip me for it. Won't take too long to complete but I can't work on it until later tonight or tomorrow
[2015-11-08 01:00:36] IChTj4OeMavRq6qeIyEb : Murch: Yep the consolidation is crazy. I expect a move in the next hour or two though
[2015-11-08 01:00:50] IChTj4OeMavRq6qeIyEb : *tip me for it?
[2015-11-08 01:01:22] Murch : IChTj4OeMavRq6qeIyEb: sooner would be better on my frail heart
[2015-11-08 01:01:25] habibi : yea, will be for bear
[2015-11-08 01:01:39] IChTj4OeMavRq6qeIyEb : Murch: Haha
[2015-11-08 01:01:49] IChTj4OeMavRq6qeIyEb : habibi: I'm going to have to take the other side of that trade
[2015-11-08 01:02:30] IChTj4OeMavRq6qeIyEb : I don't notice the bearishness in the market much at all now like I did before, just low volume
[2015-11-08 01:03:22] habibi : IChTj4OeMavRq6qeIyEb: i mean beer :p
[2015-11-08 01:03:46] IChTj4OeMavRq6qeIyEb : habibi: Ohh cool. If I could drink it I might spend it on that
[2015-11-08 01:05:03] Murch : Why can't you?
[2015-11-08 01:05:15] habibi : u don't drink? heathly!
[2015-11-08 01:05:47] IChTj4OeMavRq6qeIyEb : I don't drink much but I'm also not old enough to legally
[2015-11-08 01:06:52] Murch : oh damn, a youngin
[2015-11-08 01:07:10] sleger : i bet most people here have even less than 100btc
[2015-11-08 01:07:38] TschavaTschigger : lockhedge: sers
[2015-11-08 01:07:42] Murch : Does it look to you like there are people with 100btc trading on here...?
[2015-11-08 01:07:59] sleger : yes some
[2015-11-08 01:08:30] habibi : yea that 30k liquidation before, guy should have pretty big bag or just all in :p
[2015-11-08 01:09:00] sleger : thats only 1.2btc of collateral though
[2015-11-08 01:09:35] habibi : yea, for such position i would need at least 50+ btc in bag and great feeling of right position
[2015-11-08 01:10:39] Murch : habibi: I guess that's a fair point
[2015-11-08 01:11:34] sleger : getting liquidated is not necessarily bad ...
[2015-11-08 01:12:53] Murch : You mean due to an opposite position on another exchange?
[2015-11-08 01:13:18] sleger : partially, but mostly due to jumps in price
[2015-11-08 01:13:56] Murch : Aight guys, I guess the meaning of the universe and everything is 2585
[2015-11-08 01:15:19] zanza : get some sleep murch !
[2015-11-08 01:15:37] sleger : thank you for letting us know about your pupping habit before bed....
[2015-11-08 01:15:46] sleger : some people might be having lunch/dinner...
[2015-11-08 01:15:56] habibi : bon apetit then :D
[2015-11-08 01:16:53] IChTj4OeMavRq6qeIyEb : zanza: Solid advice
[2015-11-08 01:17:04] IChTj4OeMavRq6qeIyEb : Don't want to miss the breakout though
[2015-11-08 01:17:26] zanza : revere premium in 24h?
[2015-11-08 01:17:29] zanza : reverse
[2015-11-08 01:18:41] Murch : Sleep? Wut's dat?
[2015-11-08 01:21:22] lockhedge : i guess we won't see much volatility during the weekend, but maybe some aftershock action next week.
[2015-11-08 01:21:23] IChTj4OeMavRq6qeIyEb : Murch: Lol
[2015-11-08 01:21:41] IChTj4OeMavRq6qeIyEb : I have a feeling lack of sleep played a role in my poor trading yesterday
[2015-11-08 01:21:47] lockhedge : just a guess that a lot of traders are jut observing, but prefer to enjoy their weekend after some hard days without much sleep... so cheers guys :)
[2015-11-08 01:22:17] floopfloop : lockhedge: you think low or high?
[2015-11-08 01:23:08] IChTj4OeMavRq6qeIyEb : I'm done for now. Cya all later
[2015-11-08 01:23:12] IChTj4OeMavRq6qeIyEb : Good luck!
[2015-11-08 01:25:51] habibi : IChTj4OeMavRq6qeIyEb: good night :)
[2015-11-08 01:27:44] podizzler3k : why bitcoin trollin us this weekend
[2015-11-08 01:27:45] lockhedge : floopfloop: my mm bot is quoting a quite wide spread, so there's some implied vol, but no idea which direction. that's actually why i'm market making, i'm not good in predicting short term market moves, i'm just core long bitcoin and want to earn the spread.
[2015-11-08 01:28:18] floopfloop : ok
[2015-11-08 01:28:23] habibi : lockhedge: u using bitmex mm script or ur ones?
[2015-11-08 01:28:26] Murch : IChTj4OeMavRq6qeIyEb: cya later man
[2015-11-08 01:28:39] podizzler3k : bitmex offeres a mm script?
[2015-11-08 01:29:01] floopfloop : podizzler3k: they offer hookers if you know them well enough
[2015-11-08 01:29:26] sleger : what's the link between you quoting wide and that meaning there is implied vol ???
[2015-11-08 01:30:18] micmix : lockhedge: hi lockhedge! wanted to ask earlier but haven't seen you around. How did your bot do during that high volatility period?
[2015-11-08 01:30:41] podizzler3k : haha nice
[2015-11-08 01:32:12] micmix : lockhedge: it's miratrader asking if you forgot my other username :-)
[2015-11-08 01:32:14] lockhedge : habibi: started with Sam's python code and still using parts of it. i wrote what a call 'the operator' that monitors other markets, calculates the BIX index, and sets max bid/min ask and max position)
[2015-11-08 01:32:33] BitMEX_Arthur : https://www.bitmex.com/app/automatedTradingEngines
[2015-11-08 01:32:52] BitMEX_Arthur : There we have a open source market making bot
[2015-11-08 01:33:10] BitMEX_Arthur : It is a build on the Liquidbot
[2015-11-08 01:33:38] micmix : BitMEX_Arthur: Hi Arthur! Can you answer a question about websocket API?
[2015-11-08 01:33:57] habibi : lockhedge: does it only makes offers or close them as well on market?
[2015-11-08 01:34:06] BitMEX_Arthur : No I am not the best person for that, I suggest you submit a support ticket with your question and Wally or Sam will help you with that
[2015-11-08 01:34:12] lockhedge : micmix: hi, there was a quite hi chance to get liquidated (liq. price at 575) once, but i decides the stay unhedged. result: 193.99% return in 44days, made most of the money during high volatility (high spreads)
[2015-11-08 01:34:47] micmix : BitMEX_Arthur: No problem, I'll wait for Sam or Wally
[2015-11-08 01:34:51] habibi : lockhedge: and whats the bot bag for operating if its not confidetial
[2015-11-08 01:36:17] micmix : lockhedge: Well it's a bit scary to run unhedged if you ask me. Did you add volatility adjustments? I remember you were against that during our discussions this summer.
[2015-11-08 01:36:46] sleger : are we talking about the one placing 3500 orders now ?
[2015-11-08 01:37:00] lockhedge : habibi: it's very tiny, it's more a research project for now. but it's enough to order a pizza from time to time
[2015-11-08 01:37:23] habibi : hm lockhedge so its not the one with 3.5k orders ;p?
[2015-11-08 01:37:36] sleger : i guess not
[2015-11-08 01:38:08] habibi : lockhedge: btw u know, in bitcoin world two pizza costs 10k btc haha
[2015-11-08 01:39:26] lockhedge : micmix: i did some manual adjustments, about once or twice a days during high volatility, but mainly b/c of the premium
[2015-11-08 01:44:13] micmix : lockhedge: yeah, all our MM bots adjust for volatility. simulations that we ran show that you should
[2015-11-08 01:45:07] micmix : especially if running unhedged
[2015-11-08 01:46:31] lockhedge : habibi: yes, retrospectively it's mostly a big mistake to order pizza with bitcoin :)
[2015-11-08 01:51:55] lockhedge : micmix: it really depends on your position in the market. volatility does not matter a lot if you 1. have the relative lowest possible latency 2. can afford to quote on best bid/ask most of the time (you should normally be able to afford it with lowest latency if your competitors do not pay lower fees/get rebates)
[2015-11-08 01:52:42] micmix : BitMEX_Arthur: do you have a formula for calculating liquidation price for isolated margin position?
[2015-11-08 01:56:00] micmix : lockhedge: on many markets you cannot quote on best bid/ask, just look at OKC BTC/CNY. but you can still capture a sizable part of the order flow. here on BitMEX it's completely different with just one big MM
[2015-11-08 01:56:41] BitMEX_Arthur : micmix: Assume you are trading the daily, you have 2 XBT, you put a position on of 100 XBT with isolate margin
[2015-11-08 01:56:59] BitMEX_Arthur : Now you have 1 XBT tied up as margin, because initial margin req is 1%
[2015-11-08 01:57:05] BitMEX_Arthur : The price is $100
[2015-11-08 01:57:17] BitMEX_Arthur : if the price falls 0.50% you are liquidated
[2015-11-08 01:57:56] BitMEX_Arthur : So your liquidation price is (1 - Maintenance Margin) * Entry Price because you are long
[2015-11-08 01:58:02] BitMEX_Arthur : Or $99.5
[2015-11-08 01:59:45] hashman : hi arthur
[2015-11-08 01:59:56] hashman : is there any way to change the email addy on my account?
[2015-11-08 02:00:06] hashman : im on proton mail, been down for days due to DDOS
[2015-11-08 02:00:19] BitMEX_Arthur : hashman: Send a support ticket, and we will help you with that
[2015-11-08 02:00:47] hashman : sure but it will come from a different email addy not associated with my account here
[2015-11-08 02:00:55] hashman : cause no way to get in to my protonmail account
[2015-11-08 02:01:05] BitMEX_Arthur : Oh, that will be a problem
[2015-11-08 02:01:11] hashman : tell me about it
[2015-11-08 02:01:13] hashman : :(
[2015-11-08 02:01:45] BitMEX_Arthur : How long has protonmail been down?
[2015-11-08 02:02:11] hashman : days now
[2015-11-08 02:02:17] hashman : they paid ransom but DDOS continues
[2015-11-08 02:02:18] hashman : http://www.forbes.com/sites/thomasbrewster/2015/11/05/protonmail-pays-to-stop-ddos/
[2015-11-08 02:03:17] BitMEX_Arthur : Send us a support ticket detailing your problem and we will speak internally
[2015-11-08 02:03:25] hashman : ok will do
[2015-11-08 02:03:35] lockhedge : hashman: maybe you could prove that you own the initial deposit address. do you still have the private key?
[2015-11-08 02:03:46] hashman : yeah probably.
[2015-11-08 02:03:56] hashman : I have my 2fa as well
[2015-11-08 02:03:57] micmix : BitMEX_Arthur: yep, that part I understand. and maint. margin is number of contracts * 0.00001 * price / leverage, right?
[2015-11-08 02:04:16] hashman : will I be unable to withdraw without email confirmation?
[2015-11-08 02:04:24] BitMEX_Arthur : Yes
[2015-11-08 02:04:27] BitMEX_Arthur : hashman: Yes
[2015-11-08 02:04:32] hashman : damn
[2015-11-08 02:04:54] BitMEX_Arthur : Send us a mail, we will take a look
[2015-11-08 02:05:00] hashman : ok thanks