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

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

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

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[2017-01-25 05:10:16] Rado : micmix: do you do manual trading?
[2017-01-25 05:11:37] micmix : Rado: not very often, mostly to hedge something
[2017-01-25 05:11:48] Rado : k
[2017-01-25 05:12:27] nono1 : is there a way to send price alerts
[2017-01-25 05:12:39] Rado : no
[2017-01-25 05:12:43] nono1 : bmx sorta runs on its own price
[2017-01-25 05:12:47] nono1 : damn
[2017-01-25 05:12:58] nono1 : guess I'll keep to okc then
[2017-01-25 05:13:05] Rado : I should build a future to do this
[2017-01-25 05:13:24] Rado : nono1: how much would you pay to have real time alerts for BitMEX conttracts?
[2017-01-25 05:13:56] nono1 : 5 bucks a month
[2017-01-25 05:14:02] Rado : great
[2017-01-25 05:14:08] Rado : I was just thinking 4.95
[2017-01-25 05:14:13] Rado : :-)
[2017-01-25 05:14:15] nono1 : if it worked well
[2017-01-25 05:14:21] Rado : yes
[2017-01-25 05:14:35] nono1 : well I'm a customer
[2017-01-25 05:14:53] nono1 : my desires would be repeat alrrts
[2017-01-25 05:15:03] nono1 : some apps have alerts but they only trigger once
[2017-01-25 05:15:15] Rado : that's crazy
[2017-01-25 05:15:21] Rado : it should repeat
[2017-01-25 05:15:26] nono1 : it's like no, let me know everytime so I can quickly gauge how much it's crossing a point
[2017-01-25 05:15:42] nono1 : do you have telegram
[2017-01-25 05:15:47] Rado : yes
[2017-01-25 05:16:04] nono1 : are you in whaleclub
[2017-01-25 05:16:27] Rado : no
[2017-01-25 05:16:34] Rado : I have an account, but don't use it
[2017-01-25 05:17:45] nono1 : WC TG link: https://telegram.me/joinchat/BpTIDjwx_ayUl5zN84uQBw
[2017-01-25 05:18:06] nono1 : hop in, then shoot me a msg
[2017-01-25 05:18:19] nono1 : don't want to drop my deetz here
[2017-01-25 05:19:32] aethlios : okcoin 18.5 mill usd almost same as bitmex
[2017-01-25 05:20:42] VenCap : time to meet 800 today Bitcoin....
[2017-01-25 05:21:49] Rado : VenCap: keep dreaming
[2017-01-25 05:22:10] VenCap : Hi Rado, whats your prediction?
[2017-01-25 05:22:37] Rado : 950 in the next 5-7 days
[2017-01-25 05:22:59] VenCap : we shall see, but that would be nice.
[2017-01-25 05:25:30] guacamole : i'm just worried the market could spaz out before then and go on a crazy flash-drop
[2017-01-25 05:26:10] guacamole : give futures a good -$45-$50 premium, maybe even a big premium on spot
[2017-01-25 05:33:50] narnarfromnarnia : this can easily go to a thousand and everyones bearish
[2017-01-25 05:33:59] narnarfromnarnia : the price moves like butter no matter what
[2017-01-25 05:36:17] cryptokeeper : not sure if many are bearish though.
[2017-01-25 05:37:48] cryptokeeper : but gamble on
[2017-01-25 05:39:12] aethlios : huobi okcoin btcc all below 18 mill usd 24H
[2017-01-25 05:44:19] Rado : there are still some exchanges with 0 fees
[2017-01-25 05:44:52] Rado : BitMEX now #3
[2017-01-25 05:46:30] narnarfromnarnia : anyway to get stats on how many btc deposits are made to bitmex
[2017-01-25 05:47:37] Rado : narnarfromnarnia: why would you need that?
[2017-01-25 05:47:54] micmix : narnarfromnarnia: yes, scan the blockchain for all transfers to addresses that start with 3BMEX
[2017-01-25 05:48:08] Rado : I think all BitMEX addresses start with 3BMEX
[2017-01-25 05:48:24] Rado : lol
[2017-01-25 05:48:30] Rado : you beat me to it
[2017-01-25 05:48:43] micmix : Rado: you need to type faster :-)
[2017-01-25 05:48:51] Rado : he he
[2017-01-25 05:49:33] Rado : I should just keep buying H17
[2017-01-25 05:49:38] Rado : $20 discount
[2017-01-25 05:52:21] micmix : swap funding fee is -0.228%. if you think it will stay around -0.2% for 10+ periods longing swap is better
[2017-01-25 05:53:03] j8 : narnarfromnarnia: http://blockchainsql.io/6YoCu0
[2017-01-25 05:53:18] j8 : for example
[2017-01-25 05:53:45] micmix : j8: :+1:
[2017-01-25 05:54:09] micmix : you found my account 3BMEX5fkYWyWarpkupgm5nhRCxUdCZHsRe
[2017-01-25 05:54:12] micmix : lol
[2017-01-25 05:54:31] Rado : micmix: I don't think swap funding will be negative for 10 periods
[2017-01-25 05:54:49] j8 : micmix: baller
[2017-01-25 05:55:41] j8 : or change the last line to `DateTime DESC` to see recent ones
[2017-01-25 05:56:10] micmix : didn't know about blockchain sql, very nice!
[2017-01-25 05:56:20] j8 : yeah it's nifty
[2017-01-25 05:57:29] Rado : micmix: you have the most BTC on BitMEX?
[2017-01-25 05:57:51] micmix : Rado: of course not, I was just kidding
[2017-01-25 05:57:59] Rado : lol
[2017-01-25 05:59:33] Rado : That guys lost quite a few BTC
[2017-01-25 05:59:39] Rado : since End of December
[2017-01-25 05:59:50] Rado : *guy
[2017-01-25 06:00:16] micmix : Rado: I think this is BitMEX internal wallet
[2017-01-25 06:00:26] micmix : one of the addresses in it
[2017-01-25 06:00:33] irishsia : These fees are killing
[2017-01-25 06:00:36] Rado : that makes more sense
[2017-01-25 06:01:33] Rado : I have 5% of BTC on here
[2017-01-25 06:01:36] Rado : lol
[2017-01-25 06:02:11] Rado : you said one of the addresses
[2017-01-25 06:02:24] Rado : how many wallets do they have?
[2017-01-25 06:02:44] arbitrage101 : good afternoon, fellow troll
[2017-01-25 06:02:52] arbitrage101 : how is everyone doing
[2017-01-25 06:03:01] MikeHunt : japanese now lead bitcoin
[2017-01-25 06:03:02] arbitrage101 : getting nice funding?
[2017-01-25 06:03:19] micmix : don't know but most likely they have more than one wallet and use multiple addresses
[2017-01-25 06:03:54] BitMEX_Wally : I wish 3BMEX5fkYWyWarpkupgm5nhRCxUdCZHsRe was internal to BitMEX but it's a customer deposit address for someone who likes to deposit and withdraw a lot. The withdrawals usually get processed out of a different address.
[2017-01-25 06:04:36] arbitrage101 : traders who deposit and withdraw a lot most likely doing hedging on multiple exchanges
[2017-01-25 06:04:45] BitMEX_Wally : Yep
[2017-01-25 06:05:24] Rado : there are 36376 #BMEX addresses
[2017-01-25 06:06:33] micmix : BitMEX_Wally: are you using 3BMEX prefix for internal addresses as well?
[2017-01-25 06:06:54] micmix : sorry, maybe better not to answer that
[2017-01-25 06:07:06] BitMEX_Wally : micmix: No comment :D
[2017-01-25 06:07:19] micmix : right, sorry ;-)
[2017-01-25 06:18:18] v gets : can anyone help me setup an order to auto-close my short at a certain price? I'm guessing I use a Stop Market order...but I don't understand the trigger/close on trigger stuff. Also do I just do a Stop Market Buy in order to close short?
[2017-01-25 06:24:17] guacamole : yeah, stop market buy is easiest way to close your short, you can hover over things to see what they mean
[2017-01-25 06:25:51] v gets : the 'Take Profit Market' seems to let me select buy, the 'stop market' seems to only allow a sell
[2017-01-25 06:26:11] BitMEX_Wally : v gets: Yes, it depends on your trigger price
[2017-01-25 06:27:09] v gets : thanks for the help
[2017-01-25 06:27:26] v gets : do I need to use 'Close on Trigger'?
[2017-01-25 06:27:44] BitMEX_Wally : A Stop Market Buy will trigger if the price rises to your trigger, a Take Profit Market Buy will trigger if the market drops to your trigger (like a limit order)
[2017-01-25 06:27:54] BitMEX_Wally : I would recommend Close on Trigger unless you're doing something complicated
[2017-01-25 06:28:52] v gets : okay thanks
[2017-01-25 06:37:24] narnarfromnarnia : BitMEX_Wally: complicated like reking other people
[2017-01-25 06:37:32] narnarfromnarnia : and lots of btc
[2017-01-25 06:42:00] BitMEX_Wally : narnarfromnarnia: Complicated like having more than 1 Stop order, i.e. partial stop loss at different price levels. If you have 'Close on Trigger' checked it will cancel all other orders
[2017-01-25 06:44:33] irvingtrader : Hi
[2017-01-25 06:44:48] Papou : who is ready for the dump to 840
[2017-01-25 06:45:05] VenCap : Hell Yeah!!!!
[2017-01-25 06:45:11] guacamole : dump to $1
[2017-01-25 06:45:16] VenCap : I am ready. this boat got too many holes in it now...
[2017-01-25 06:45:35] VenCap : Looking like a old dart board in working mens club
[2017-01-25 06:45:51] VenCap : One last little rise before the mega red candle
[2017-01-25 06:47:13] VenCap : people think that this is "dump talk" its gonna pump and are going long..
[2017-01-25 06:47:16] VenCap : :OD
[2017-01-25 06:47:52] guacamole : k
[2017-01-25 06:48:35] v gets : what percentage of ROE = doubling your money?
[2017-01-25 06:48:51] Papou : 100%
[2017-01-25 06:48:58] VenCap : all i know Bitmex is making a lot of money of me.
[2017-01-25 06:49:04] VenCap : 2,3btc in funding fee.....
[2017-01-25 06:49:06] Papou : thats ur fault
[2017-01-25 06:49:22] VenCap : still waiting on the free jar of vaseline...
[2017-01-25 06:49:35] Papou : i think we are being propped up
[2017-01-25 06:49:39] Papou : people are slowly exiting
[2017-01-25 06:49:40] v gets : It seems counter-intuitive....I don't think 100% roe doubles your money.
[2017-01-25 06:49:47] Papou : they are also milking the bitmex funding probably
[2017-01-25 06:49:51] Papou : since shorts are massive
[2017-01-25 06:49:59] Papou : and we are tanking 20% probably
[2017-01-25 06:50:13] Papou : whoever rides this bearwhale will be rich
[2017-01-25 06:51:03] Papou : i think since the dump will be epic....it might happen jan 28
[2017-01-25 06:51:08] Papou : the start of the new year
[2017-01-25 06:51:11] Papou : arise chikun
[2017-01-25 06:51:42] v gets : On the calculator, if I shorted 1000 xbtusd, entered at 893, exit at 793, with 50x leverage, it says my ROE would be 634%. But entry Value was 1.1189, and profit was .1420
[2017-01-25 06:52:01] v gets : thats like nothing...
[2017-01-25 06:52:04] v gets : like 12%
[2017-01-25 06:52:12] v gets : of entry value
[2017-01-25 06:52:43] VenCap : because of the funding fee.
[2017-01-25 06:52:54] VenCap : its a tax for the people who are "winning" big tax
[2017-01-25 06:53:05] VenCap : the reason most people dont come back here
[2017-01-25 06:53:39] VenCap : i am not happy paying 0.7btc to risky $10,000 gambling if the price will go up or down
[2017-01-25 06:54:01] j8 : unrelated
[2017-01-25 06:54:46] v gets : does anyone have a better answer than vencap?
[2017-01-25 06:54:57] j8 : v gets: you get 12% on the position size, which is 50x your margin
[2017-01-25 06:55:11] j8 : so you get 634% on your margin
[2017-01-25 06:55:30] v gets : ahhh...
[2017-01-25 06:55:32] v gets : thanks
[2017-01-25 06:56:06] v gets : so you don't really have to put down the 'position size'...you just have to put down the margin?
[2017-01-25 06:56:19] j8 : yes
[2017-01-25 06:56:27] v gets : thankyou j8!!!!
[2017-01-25 06:56:33] j8 : no problem
[2017-01-25 06:57:22] guacamole : VenCap: funding fee is paid to other people, not bitmex. funding fee depends on difference between spot price and index, it's not always that high
[2017-01-25 06:57:40] VenCap : its a tax on winnings, thats what it is.
[2017-01-25 06:57:58] VenCap : 7% on your margin
[2017-01-25 06:58:03] guacamole : if the price goes up, longs would get both funding fee and profits at the moment
[2017-01-25 06:58:14] VenCap : way too much
[2017-01-25 06:58:26] VenCap : and down, shorters get what?
[2017-01-25 06:58:30] VenCap : 7% taxed
[2017-01-25 06:58:49] j8 : then don't short it
[2017-01-25 06:58:52] guacamole : there's no 7%, i don't know what you're referring to
[2017-01-25 06:58:53] BitMEX_Wally : How do you calculate 7%?
[2017-01-25 06:58:57] VenCap : i would stay and trade hundred of btc here if it was not for this funding tax
[2017-01-25 06:59:25] VenCap : my unrealizes pnl hoovering around 7btc and i get taed .7BTC each time
[2017-01-25 06:59:28] VenCap : so 10%
[2017-01-25 06:59:36] VenCap : of 7btc winning = .7 BTC
[2017-01-25 06:59:43] BitMEX_Wally : It's not calculated as a percentage of your unrealised PNL
[2017-01-25 06:59:52] BitMEX_Wally : It is a percentage of your position value
[2017-01-25 07:00:02] BitMEX_Wally : Independent of leverage and profit
[2017-01-25 07:00:15] j8 : don't worry you can get taxed when you lose too.
[2017-01-25 07:00:29] VenCap : position value.
[2017-01-25 07:00:39] VenCap : where do i see that please Wally
[2017-01-25 07:00:51] VenCap : oh i see it. 288.8043 BTC
[2017-01-25 07:00:53] BitMEX_Wally : Under the 'Value' column on the Open Position tab
[2017-01-25 07:00:58] Papou : LOL
[2017-01-25 07:00:59] Papou : whale
[2017-01-25 07:01:07] VenCap : small fry
[2017-01-25 07:01:24] Papou : bearwhale
[2017-01-25 07:01:27] Papou : 20x traders unite
[2017-01-25 07:01:46] VenCap : x25 crazymanson bearwhale here
[2017-01-25 07:01:56] VenCap : anyhow
[2017-01-25 07:02:00] VenCap : bitcoin jsut gonig sideways
[2017-01-25 07:02:01] Papou : yea thats why dude i dont do big positions on bitmex
[2017-01-25 07:02:06] Papou : if u need to sit in for few days, sucks
[2017-01-25 07:02:09] VenCap : one more dump and its clsoe the laptop time
[2017-01-25 07:02:12] BitMEX_Wally : VenCap: So if you are short then you will pay -0.6584738 XBT of funding in 5 hours
[2017-01-25 07:02:22] Papou : stay low leverage, just catch nice swings
[2017-01-25 07:02:26] Papou : LOL rekt
[2017-01-25 07:02:31] Papou : liquidated by funding
[2017-01-25 07:02:32] Papou : LOL
[2017-01-25 07:02:40] VenCap : at least take me out for dinner and wine first @bitmex
[2017-01-25 07:02:42] idol : BitMEX_Wally: can you make some kind of btc lending system..where we can collect fee to led out btc?
[2017-01-25 07:02:44] VenCap : :OP
[2017-01-25 07:02:53] idol : land*
[2017-01-25 07:02:58] BitMEX_Wally : idol: You can, go long and you will be paid this rate
[2017-01-25 07:03:12] VenCap : yeah Idol go long now.
[2017-01-25 07:03:24] idol : i mean just lend out not trade lol
[2017-01-25 07:03:34] Papou : so theoretically, i can go long for the funding
[2017-01-25 07:03:37] BitMEX_Wally : https://blog.bitmex.com/earning-interest-income-on-xbtusd-with-minimised-risk/
[2017-01-25 07:03:39] Papou : 1 second prior?
[2017-01-25 07:03:58] idol : ven im not sick to go long now just for some fees lol
[2017-01-25 07:04:07] aethlios : bears will wait friday okcoin futures roll over, and start the attack after this.
[2017-01-25 07:04:15] BitMEX_Wally : Papou: Yes, but do not be surprised in the market makers suddenly drop their prices after the funding
[2017-01-25 07:04:27] Papou : wow wally
[2017-01-25 07:04:31] Papou : nice blog
[2017-01-25 07:04:36] Papou : so what exactly is the strategy?
[2017-01-25 07:05:07] BitMEX_Wally : Buy Bitcoin at a spot exchange, move it here, sell the XBTUSD swap and then sit and earn the (positive) funding rate
[2017-01-25 07:05:26] BitMEX_Wally : The same trade as lending out dollars on Bitfinex
[2017-01-25 07:06:16] Papou : when do u close position?
[2017-01-25 07:07:25] Papou : what would be a typical roi with this method, what is the risk, how does one lose?
[2017-01-25 07:08:07] VenCap : where is XBTUSD swap ?
[2017-01-25 07:08:12] Papou : what about the negative funding rate?
[2017-01-25 07:08:39] Papou : so you just sit in the position theoretically and collect funding only when positive
[2017-01-25 07:08:53] Papou : but if btc moves ur liquidated
[2017-01-25 07:09:10] Papou : 100x is madness, im confused where is the low risk
[2017-01-25 07:09:21] BitMEX_Wally : You can do this trade 1x
[2017-01-25 07:09:24] BitMEX_Wally : Then you cannot be liquidated
[2017-01-25 07:09:40] Papou : so your betting the positive funding rate will outpace the negative?
[2017-01-25 07:09:44] BitMEX_Wally : COrrect
[2017-01-25 07:09:54] Papou : what are the statistics?
[2017-01-25 07:09:56] BitMEX_Wally : On average it has been +50% annualised
[2017-01-25 07:10:02] Papou : oh really?
[2017-01-25 07:10:20] Papou : so you dont touch the position, whatever your buy price was is?
[2017-01-25 07:10:37] Papou : in what scenario do you lose? other than negative funding rate outpacing positive?
[2017-01-25 07:10:53] v gets : how do we see the funding rates Wally?
[2017-01-25 07:11:02] Papou : it says it in the contract details on the left
[2017-01-25 07:11:15] Papou : make sure ur on the swap
[2017-01-25 07:11:21] Papou : it should also say it on the top toolbar
[2017-01-25 07:11:26] v gets : ahhh
[2017-01-25 07:11:57] v gets : so shorts always receive funding rate?
[2017-01-25 07:12:08] Papou : no
[2017-01-25 07:12:10] Papou : it varies
[2017-01-25 07:12:18] Papou : depending on the difference from mark and spot?
[2017-01-25 07:12:20] BitMEX_Wally : The rate is paid between long and shorts
[2017-01-25 07:12:28] BitMEX_Wally : If it is positive then longs pay shorts, if negative shorts pay longs
[2017-01-25 07:12:36] Papou : ah so since bitcoin has been overall bullish, the annual roi is good
[2017-01-25 07:12:39] j8 : it was high positive on average when the price was in a bulltrend from 400's. we would need to be just as bullish to have that high positive funding rate
[2017-01-25 07:12:43] BitMEX_Wally : There was an article in the newsletter 'Earning Interest on Synthetic USD' that covered this
[2017-01-25 07:12:59] Papou : wally whats the scenario that you lose?
[2017-01-25 07:13:08] Papou : only negative funding rate outpacing positive?
[2017-01-25 07:13:20] j8 : you lose if we go into sustained downtrend and funding rate is negative on average
[2017-01-25 07:13:23] Papou : would that mean btc would be negative over a 12 month period say?
[2017-01-25 07:13:50] Papou : so would one begin to downsize his position as his balance is chipped away?
[2017-01-25 07:14:18] Papou : like whats the liquidity in this
[2017-01-25 07:14:29] Papou : i cant imagine i put 1 mil usd and collect 50% annual
[2017-01-25 07:14:30] j8 : yes, you could be eventually be liquidated if you pay too much funding
[2017-01-25 07:15:27] BitMEX_Wally : 'The funding rate swings both ways, but since May 2016, XBTUSD longs have paid shorts a total of 34.75%.'
[2017-01-25 07:15:38] BitMEX_Wally : The article isn't on the blog yet, but you can see it here: http://us3.campaign-archive2.com/?u=db45c09bdf20e1866bb32123f&id=6eeefc3a6d&e=9370cad57
[2017-01-25 07:17:34] Papou : what does it mean you cant touch the position ever?
[2017-01-25 07:17:44] Papou : so i can never say just market sell and cease?
[2017-01-25 07:18:09] BitMEX_Wally : Of course you can close out (by buying)
[2017-01-25 07:22:32] Papou : so its say buy 10 btc, then sell 10 btc worth of xbtusd and withdraw overall profit?
[2017-01-25 07:22:47] Papou : then when position is closed, pnl will be just also depending on btc price
[2017-01-25 07:24:30] Papou : so in theory its collect 34% hopefully off initial capital then if i waned to withdraw the initial capital, pray bitcoin was lower than what i shorted ofcourse
[2017-01-25 07:24:44] Papou : is that the concept
[2017-01-25 07:25:53] BitMEX_Wally : Papou: your Bitcoin will be hedged into USD, so it will have the same USD valid at all times
[2017-01-25 07:26:06] BitMEX_Wally : You don't care if Bitcoin goes up or down
[2017-01-25 07:26:13] Papou : ah since i bought bitcoin but shorted at same time
[2017-01-25 07:26:13] Papou : derp
[2017-01-25 07:26:51] Papou : interesting
[2017-01-25 07:27:03] Papou : what exactly is the reasoning that longs have outpaced shorts
[2017-01-25 07:27:12] Papou : that this can probably always be a positive roi
[2017-01-25 07:27:40] Papou : the best way would be to deposit full btc and do 1x though
[2017-01-25 07:27:51] Papou : doing 100x is a guaranteed liquidation over and over
[2017-01-25 07:27:51] v gets : longs have more demand for "borrowing" lots of bitcoin?
[2017-01-25 07:28:14] Papou : interesting
[2017-01-25 07:28:32] Papou : is the 34% since inception of the perpetual swap?
[2017-01-25 07:30:42] Papou : how much money could this theoretically work for?
[2017-01-25 07:30:52] Papou : i cant imagine buy 1 million btc and then short 1 million on bitmex
[2017-01-25 07:31:03] v gets : it says since May 2016, it's been 34% paid to shorts
[2017-01-25 07:31:06] Papou : unless gradual
[2017-01-25 07:31:11] v gets : no idea when swap started
[2017-01-25 07:31:29] j8 : that's when it started
[2017-01-25 07:31:34] v gets : you probably wouldn't want to leave 1 mil in bitmix anyway
[2017-01-25 07:32:18] j8 : the price more than doubled in the period since may 2016
[2017-01-25 07:33:17] Papou : what causes the demand for more longs
[2017-01-25 07:33:21] Papou : what would cause it to change
[2017-01-25 07:33:27] j8 : sentiment
[2017-01-25 07:34:17] j8 : it could just as easily be -34% in the next year
[2017-01-25 07:35:51] Papou : thats what im sayin g
[2017-01-25 07:36:08] Papou : im feeling bearish on btc for the next few months
[2017-01-25 07:39:37] Papou : do you think anyone who does this actively trades the positon as well
[2017-01-25 07:40:04] Papou : rebuying on a decent profit then seeing for a reshort?
[2017-01-25 07:40:24] Papou : wouldnt it make sense to always dot hat
[2017-01-25 07:40:26] Papou : that
[2017-01-25 07:40:34] Papou : btc goes down 2%, close short then reshort
[2017-01-25 07:40:37] Papou : ?
[2017-01-25 07:41:04] j8 : well if you can reshort higher than you closed, great
[2017-01-25 07:41:17] Papou : ah you would have to der
[2017-01-25 07:41:25] Papou : since your usd hedged
[2017-01-25 07:41:41] enki0182 : BitMEX_Wally: sorry to interupt - where can i find the maker/taker fee rates?
[2017-01-25 07:41:55] dodic : https://www.bitmex.com/app/fees
[2017-01-25 07:42:03] enki0182 : ty @dodic
[2017-01-25 07:53:12] javierstone : http://bitcoinist.com/regulations-exchanges-economic-crimes/
[2017-01-25 07:53:14] micmix : j8: also the cap was higher for most of the period in question, so average would be lower with current cap
[2017-01-25 07:53:32] j8 : yeah thats true
[2017-01-25 07:55:30] micmix : funding was higher/lower than current cap for 19 periods if I did the query correctly
[2017-01-25 07:55:59] Apocalyptic : I remember seeing a 3% funding rate
[2017-01-25 07:56:24] Apocalyptic : that 10% daily must have felt a gift
[2017-01-25 07:58:52] micmix : I think the cap was 1.125% on swap
[2017-01-25 07:59:17] j8 : yeah that sounds right.. it was over 3% a day for a couple days
[2017-01-25 08:00:06] Papou : haha imagine
[2017-01-25 08:00:20] micmix : yes, the cap for 50x is 1.125% so 3.375% daily
[2017-01-25 08:00:54] arbitrage101 : should remove artificial cap
[2017-01-25 08:00:57] Apocalyptic : micmix: your figures sounds more reasonable
[2017-01-25 08:02:00] arbitrage101 : reduce leverage to 25x
[2017-01-25 08:02:05] j8 : the irony is that since we know it's capped, we hit the cap more easily
[2017-01-25 08:02:07] micmix : yes, Jun 16-17 we had 0.8204%, 0.9534%, 1.1250%, 0.7500%, 0.7130%, 0.6060%
[2017-01-25 08:04:17] Noobz : Morning Peepz
[2017-01-25 08:04:25] arbitrage101 : morning
[2017-01-25 08:04:34] arbitrage101 : almost evening here
[2017-01-25 08:04:58] Noobz : yesterdays evening or todays evening? lol
[2017-01-25 08:05:21] arbitrage101 : Jan 25th 4:05pm here
[2017-01-25 08:05:41] Noobz : cool good evening then
[2017-01-25 08:06:18] arbitrage101 : chinese new year is close
[2017-01-25 08:06:37] arbitrage101 : expect btc make suprising move after or during new year
[2017-01-25 08:08:17] j8 : no deposits, no leverage, and no liquidity
[2017-01-25 08:08:35] arbitrage101 : j8: yeah, think betting price to go down is a good move
[2017-01-25 08:08:49] arbitrage101 : doesnt take much to scare all the traders
[2017-01-25 08:09:09] j8 : it is, but it's getting to be a crowded trade
[2017-01-25 08:09:14] Apocalyptic : swap $3 above index, that's new
[2017-01-25 08:20:09] Derreck : looks like China makes like 55-60% of the current volume
[2017-01-25 08:20:20] Derreck : down from these fake 98%
[2017-01-25 08:24:44] bingbongfly : wierd bot on etc7d
[2017-01-25 08:24:55] bingbongfly : will will any order at 1520 and above
[2017-01-25 08:25:01] bingbongfly : fill
[2017-01-25 08:47:10] aethlios : sell off postponed for friday futures expiration.
[2017-01-25 08:48:39] Papou : yep
[2017-01-25 08:48:51] Papou : which is the day before the new years
[2017-01-25 08:48:53] Papou : chinese new years
[2017-01-25 08:49:37] Papou : https://cdn-enterprise.discourse.org/zcash/uploads/default/original/2X/7/74b5208bb5823d309633da3c4bb2b41c31f9f54f.jpg
[2017-01-25 08:50:21] Papou : china always wants to defeat the west
[2017-01-25 08:50:31] Papou : what best way than to drain money from them
[2017-01-25 08:50:58] Papou : bitcoin news articles are all paid shilling....no different than normal media...all shills for the normal markets
[2017-01-25 08:52:32] Papou : exit pump by china by insiders, release fud knews as an excuse for the dump, murder the bulls of the west
[2017-01-25 08:52:34] Papou : rinse and repeat
[2017-01-25 08:54:00] Papou : short until 840, long until 880 then short until 740-550, anywhere there is fair game
[2017-01-25 08:54:09] Papou : thats the best plays right now, all tops and bottoms
[2017-01-25 08:55:31] Papou : bulls are currently trapped, will get squeezed into chinese longs at 840
[2017-01-25 08:55:46] Papou : 2nd round bull trap at 880 to destroy morale
[2017-01-25 08:55:52] Papou : consolidation 550+
[2017-01-25 09:02:46] aethlios : gold silver bitcoin agricultural land usd cash the assets to hold for next years, no financial assets, no stocks, bank deposits.
[2017-01-25 09:17:21] REKT : Liquidated short on `XBTUSD`: buy 300 @ 897.89
[2017-01-25 09:33:01] REKT : Liquidated long on `XBTH17`: sell 690 @ 874.52
[2017-01-25 09:39:31] REKT : Liquidated long on `ETC7D`: sell 400 @ 0.001499
[2017-01-25 09:40:51] aethlios : traders ALARM
[2017-01-25 09:41:27] MikeHunt : still worth going h17?
[2017-01-25 09:42:26] aethlios : pboc update says tradingview chat
[2017-01-25 09:43:18] wurstgelee : pboc update=more investigations, right?
[2017-01-25 09:43:25] bingbongfly : wurstgelee: there is no update
[2017-01-25 09:43:29] wurstgelee : according to google translator
[2017-01-25 09:43:29] wurstgelee : ;)
[2017-01-25 09:43:31] bingbongfly : it's chinese new year
[2017-01-25 09:43:46] wurstgelee : bingbongfly: http://beijing.pbc.gov.cn/beijing/132005/3245162/index.html
[2017-01-25 09:43:48] bingbongfly : maybe some fud rumour might be going around
[2017-01-25 09:43:52] wurstgelee : and whats that?
[2017-01-25 09:43:57] wurstgelee : see date and time. and url
[2017-01-25 09:44:06] bingbongfly : yes, I'm reading it
[2017-01-25 09:44:10] wurstgelee : ...
[2017-01-25 09:44:11] wurstgelee : ;)
[2017-01-25 09:45:09] bingbongfly : nothing new lol
[2017-01-25 09:45:25] bingbongfly : why would they post that today?
[2017-01-25 09:45:27] bingbongfly : very odd
[2017-01-25 09:45:34] bingbongfly : let's see how the price reacts
[2017-01-25 09:45:46] wurstgelee : either nothing or down
[2017-01-25 09:45:50] wurstgelee : this is no "up"-news
[2017-01-25 09:45:51] wurstgelee : ;)
[2017-01-25 09:45:56] bingbongfly : let's hope you are right
[2017-01-25 09:46:28] BitMEX_Wally : Old news
[2017-01-25 09:47:33] bingbongfly : BitMEX_Wally: olds news, but seems to be posted recently, how come+
[2017-01-25 09:48:42] wurstgelee : BitMEX_Wally: i have a unrealised PNL of NaN? ;)
[2017-01-25 09:48:46] wurstgelee : wtf?
[2017-01-25 09:49:30] wurstgelee : i would like it to be a number again tbh
[2017-01-25 09:49:33] wurstgelee : oh, there it is
[2017-01-25 09:49:34] wurstgelee : thanks
[2017-01-25 09:49:36] wurstgelee : 8)
[2017-01-25 09:49:47] wurstgelee : wtf was that?
[2017-01-25 09:52:03] BitMEX_Wally : wurstgelee: Not sure, some WebSocket update glitch I suspect
[2017-01-25 09:52:28] BitMEX_Wally : Anything in your browser console?
[2017-01-25 09:52:30] -_- : I got NaN earlier too
[2017-01-25 09:52:55] wurstgelee : hm. so its not me :)
[2017-01-25 09:52:58] wurstgelee : nothing in console
[2017-01-25 09:53:05] BitMEX_Wally : Was it just Unrealised PNL, what about the ROE number too?
[2017-01-25 09:53:16] wurstgelee : roe was 0.00 iirc
[2017-01-25 09:53:26] wurstgelee : not 100% sure
[2017-01-25 09:53:49] wurstgelee : (i should have been positive at the time)
[2017-01-25 09:53:52] wurstgelee : *it
[2017-01-25 09:54:08] -_- : $28 discount now nice
[2017-01-25 09:56:04] wurstgelee : not enough.
[2017-01-25 09:56:11] wurstgelee : china is @ $854
[2017-01-25 09:57:05] BitMEX_Wally : wurstgelee: Please grab a screenshot if it happens again
[2017-01-25 09:57:12] wurstgelee : BitMEX_Wally: i'll do
[2017-01-25 09:57:19] rullwull : okc.cn doesnt proceed my btc withdrawal for more than 4 hours
[2017-01-25 09:57:51] Apocalyptic : rullwull: socking
[2017-01-25 09:57:55] Apocalyptic : *shocking
[2017-01-25 09:58:05] rullwull : trading volumes dropped, but they said big volumes for withdraw
[2017-01-25 10:04:13] Derreck : if 0kcoin is scamming there would be a bloodbath
[2017-01-25 10:05:05] Apocalyptic : someone said there were rumours about it being insolvent the other day
[2017-01-25 10:05:53] MikeHunt : if u were shorting on swap now would h17 still be worth it to avoid fees etc. ?
[2017-01-25 10:10:08] -_- : depends on position size and how long you want to hold it
[2017-01-25 10:10:27] -_- : could always get ADL if this dumps big on the first leg of the dump too
[2017-01-25 10:13:55] -_- : sucks. watched xbth17 hit 884 and didnt short
[2017-01-25 10:14:04] -_- : now 865 and i wanna jump in a short
[2017-01-25 10:14:47] micmix : rullwull: I was on the phone with them last week and they said larger withdrawals will be delayed for several hours. It might be worse now.
[2017-01-25 10:14:58] -_- : $33 discount now
[2017-01-25 10:15:01] REKT : Liquidated long on `XBTH17`: sell 12345 @ 863.59
[2017-01-25 10:15:03] -_- : almost lowest it has been in a week
[2017-01-25 10:15:25] MikeHunt : -_-: yeh im thinking about going stamp atm but i like the low trading fees here
[2017-01-25 10:15:32] MikeHunt : -_-: not sure i can trust finex
[2017-01-25 10:15:46] -_- : xbth17 like $5 away from new low
[2017-01-25 10:16:06] -_- : shits gonna get wild
[2017-01-25 10:16:17] -_- : i like how people see this as bullish
[2017-01-25 10:16:22] -_- : LOL
[2017-01-25 10:16:49] MikeHunt : -_-: if okc goes insolvent, even $400 might seem optimistic
[2017-01-25 10:16:56] -_- : new low
[2017-01-25 10:16:58] -_- : 855
[2017-01-25 10:17:02] REKT : Liquidated long on `XBTH17`: sell 635 @ 860.92
[2017-01-25 10:17:04] rapidtrades : sup bras?
[2017-01-25 10:17:10] rapidtrades : ur longs aint looking too hot
[2017-01-25 10:17:13] -_- : panic
[2017-01-25 10:17:16] -_- : huge discount now
[2017-01-25 10:17:20] -_- : almost $40
[2017-01-25 10:17:23] bingbongfly : I finally cave in yesterday
[2017-01-25 10:17:27] bingbongfly : to the short side of the force
[2017-01-25 10:17:28] bingbongfly : happy I did
[2017-01-25 10:17:31] REKT : Liquidated long on `XBCH17`: sell 1000 @ 5970.5
[2017-01-25 10:18:17] -_- : the issue is less liquidity now since when most longs entered
[2017-01-25 10:18:23] rapidtrades : $35...me lickey
[2017-01-25 10:18:23] bingbongfly : also, if anyone is interested in ETC
[2017-01-25 10:18:24] bingbongfly : https://gyazo.com/055f5be22ce57245c15ed437545dbd8d?token=54c71ac8a8e2d5a8453ec59121a0562c
[2017-01-25 10:18:24] -_- : 25k wall went away
[2017-01-25 10:18:30] bingbongfly : look at bbands, pinching superclose on 6 hours
[2017-01-25 10:18:35] bingbongfly : we'll have a move before settlement
[2017-01-25 10:19:28] -_- : was looking at etc since my alarm went off. i thought short but it's at the bottom so if you were gonna long then now is the time
[2017-01-25 10:19:34] micmix : MikeHunt: I don't think okc is insolvent, most likely they just need to transfer money from cold wallet several times per day to process large volume of withdrawals
[2017-01-25 10:20:00] -_- : i should have market bought a long on xbth17. tried to get filled at the bottom and it bounced
[2017-01-25 10:20:14] -_- : short the bounce i guess
[2017-01-25 10:20:38] -_- : almost new low for 0kcoin. 6155 CNY needs to break
[2017-01-25 10:22:18] MikeHunt : u guys thinks 0.25% fee on stamp is alright for 1hr trading?
[2017-01-25 10:23:16] Apocalyptic : MikeHunt: no leverage though
[2017-01-25 10:23:49] MikeHunt : i suppose i could leave 0.5btc here to play with and keep a long term position elsewhere
[2017-01-25 10:24:13] narnarfromnarnia : MikeHunt: isnt that high
[2017-01-25 10:24:26] MikeHunt : narnarfromnarnia: yeh in comparison to bitmex
[2017-01-25 10:24:33] MikeHunt : but the fees here are intolerable atm
[2017-01-25 10:24:45] narnarfromnarnia : i see
[2017-01-25 10:24:59] narnarfromnarnia : are you short?
[2017-01-25 10:25:03] MikeHunt : yes
[2017-01-25 10:25:07] narnarfromnarnia : ok
[2017-01-25 10:25:24] narnarfromnarnia : well i wouldn't want a hold on funds while we could free fall
[2017-01-25 10:25:29] narnarfromnarnia : or in blockchain
[2017-01-25 10:26:25] bingbongfly : I was about to move some BTC from cold storage to sell, used a new wallet and had a way to low fee so it's stuck in limbo... rip
[2017-01-25 10:26:31] bingbongfly : At least i'm short as hedge
[2017-01-25 10:26:33] MikeHunt : narnarfromnarnia: what are you proposing?
[2017-01-25 10:27:33] narnarfromnarnia : you think it will go much more neg than .22?
[2017-01-25 10:27:43] -_- : 0.375
[2017-01-25 10:27:55] MikeHunt : narnarfromnarnia: i think we are in bear market
[2017-01-25 10:27:55] -_- : dump hasnt even started yet
[2017-01-25 10:28:05] narnarfromnarnia : yeah
[2017-01-25 10:28:12] MikeHunt : im planning on shorting for a while
[2017-01-25 10:28:29] MikeHunt : my natural inclination is to ride the storm out at stamp
[2017-01-25 10:29:08] narnarfromnarnia : wow daily doesn't look so good
[2017-01-25 10:29:15] rapidtrades : MOVE
[2017-01-25 10:29:17] rapidtrades : MOVE
[2017-01-25 10:29:22] rapidtrades : MOVE U PIECE OF SHIT
[2017-01-25 10:29:27] rapidtrades : PPL HAVE SHIT TO DO
[2017-01-25 10:29:28] narnarfromnarnia : https://www.tradingview.com/x/nTmqgCrY/
[2017-01-25 10:29:35] narnarfromnarnia : lol
[2017-01-25 10:29:59] rapidtrades : god f*cking damit markets here are so inefficient they're dirivng me up the wall
[2017-01-25 10:30:03] narnarfromnarnia : i got greedy on 2 funding ago and opened a position and it dumped
[2017-01-25 10:30:11] VenCap : rapidtrades: i have been saying for the last 48hrs
[2017-01-25 10:30:16] narnarfromnarnia : this time i sold right before and it dropped like 8 bucks in a glitch
[2017-01-25 10:30:21] narnarfromnarnia : i thought i was in futures by mistake
[2017-01-25 10:30:56] narnarfromnarnia : ship might be taking on water here
[2017-01-25 10:32:06] rapidtrades : moveeeeeeeeeeeeeeeeeee
[2017-01-25 10:34:01] REKT : Liquidated short on `XBTH17`: buy 8000 @ 865.08
[2017-01-25 10:34:03] VenCap : We need 6k okoin to break get this party started
[2017-01-25 10:34:14] VenCap : 75mins to escape....
[2017-01-25 10:36:38] narnarfromnarnia : ouch
[2017-01-25 10:36:40] narnarfromnarnia : how
[2017-01-25 10:36:44] narnarfromnarnia : we barely moved
[2017-01-25 10:36:44] rapidtrades : lol chinese exchange volume down at 2x stamp
[2017-01-25 10:36:54] rapidtrades : lol
[2017-01-25 10:37:02] rapidtrades : lol where are all the volume guys now
[2017-01-25 10:37:12] rapidtrades : we should be dooming no?
[2017-01-25 10:37:23] rapidtrades : volume, as worthless as they are
[2017-01-25 10:37:37] narnarfromnarnia : spready will increase
[2017-01-25 10:37:57] rapidtrades : guyzy volume is up we going to tze moonz!
[2017-01-25 10:38:20] MikeHunt : only way we're going to the moon is if it crashes into us
[2017-01-25 10:38:29] -_- : being held up by people trying to buy and move off of 0kcoin
[2017-01-25 10:38:47] rapidtrades : im gonna have so much fun reading reddit comments after we crash again
[2017-01-25 10:39:10] narnarfromnarnia : wht is best to avoid ADL?
[2017-01-25 10:39:53] MikeHunt : probably getting out of here
[2017-01-25 10:40:02] MikeHunt : just seems atm in bitcoin the rape is everywhere
[2017-01-25 10:40:16] narnarfromnarnia : teh rapening
[2017-01-25 10:40:33] narnarfromnarnia : yea its like either
[2017-01-25 10:40:39] narnarfromnarnia : A. Liduidation
[2017-01-25 10:40:42] narnarfromnarnia : B. ADL
[2017-01-25 10:40:56] narnarfromnarnia : C. win for a $5 gain
[2017-01-25 10:41:02] MikeHunt : D. Fees
[2017-01-25 10:42:34] -_- : have a position on swap, xbth17 and yuan
[2017-01-25 10:42:41] -_- : that way maybe all 3 wont get ADL
[2017-01-25 10:43:04] MikeHunt : -_-: problem is the prem already negative
[2017-01-25 10:43:07] MikeHunt : if it did go up