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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[2017-05-01 20:36:42] MikeHunt : aint seen that in a while
[2017-05-01 20:36:45] hitme1 : Biggiesmalls: https://www.bitmex.com/app/fundingHistory
[2017-05-01 20:37:02] hitme1 : Biggiesmalls: current rate mentioned here https://www.bitmex.com/app/contract/XBTUSD
[2017-05-01 20:37:26] hitme1 : longs pay shorts
[2017-05-01 20:37:38] thomaskikansha : gno bouncy
[2017-05-01 20:38:52] Biggiesmalls : hitme1: thx, so I assume the risk of slippage.. you can easily lose money by loaning BTC?
[2017-05-01 20:38:53] Trade : hitme1: yes, next 2 rounds highest fundings I can recall
[2017-05-01 20:39:30] Farzad2 : 0.335% in 7 hours
[2017-05-01 20:40:11] Farzad2 : thats a lot
[2017-05-01 20:40:17] Trade : then 0.375 again in 15h lol
[2017-05-01 20:40:26] hitme1 : Biggiesmalls: plus, it can go negative. make sure you understand the contract. good idea to read the guide or practice with small position till you get the hang of it
[2017-05-01 20:40:30] Farzad2 : Trade: it will decrease over time
[2017-05-01 20:40:39] Trade : true
[2017-05-01 20:40:49] Farzad2 : it adjusts itself over next 7 hours
[2017-05-01 20:41:19] dorsens : BitMEX_Greg: "Premium Index (P) = (Max(0, Impact Bid Price - Mark Price) - Max(0, Mark Price - Impact Ask Price)) / Spot Price + Fair Basis used in Mark Price" - could you tell me what exactly is "Fair Basis"? Is it the Funding Basis defined as "Funding Basis = Funding Rate * (Time Until Funding / Funding Interval)" ?
[2017-05-01 20:41:36] Biggiesmalls : hitme1: thanks, looks like it might be a bit too risky for my taste... I was hoping to get a few hundred coins into play
[2017-05-01 20:41:57] Trade : use futures if you want to avoid funding?
[2017-05-01 20:42:00] BitMEX_Greg : dorsens: https://www.bitmex.com/app/fairPriceMarking#Fair-Price-Derivation
[2017-05-01 20:42:13] Biggiesmalls : have a read through the guide anyway thanks very much for your help
[2017-05-01 20:42:33] Trade : pay the futures fee, then no funding
[2017-05-01 20:42:56] hitme1 : Biggiesmalls: maybe risky if you don't understand the rules i suppose. i suggest trading a week or 2 eith small amounts. ask the trollbox for help if u need it to understand things like premium or funding rate effects
[2017-05-01 20:43:35] Trade : funding is normally much lower than this
[2017-05-01 20:43:36] Biggiesmalls : hitme1: are you guys based in Hong Kong?
[2017-05-01 20:43:46] Trade : /sentiment
[2017-05-01 20:43:49] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 35.42 / 64.58 Daily : 40.11 / 59.89 Weekly : 45.66 / 54.35 Monthly : 45.72 / 54.28```
[2017-05-01 20:43:52] hitme1 : thailand
[2017-05-01 20:43:56] hitme1 : im a brit, in TH
[2017-05-01 20:43:58] Clock : so we could fly to 2000 if we climb to 1600 right?
[2017-05-01 20:44:18] ross : Clock: could fly back down to 1000 before 2000
[2017-05-01 20:44:18] Trade : without any pullbacks? ;)
[2017-05-01 20:44:27] Biggiesmalls : Nice, we are moving to Bangkok next year
[2017-05-01 20:44:30] dorsens : BitMEX_Greg: but here "Fair Basis" is defined using "Time to Expiry", but the perpetual doesn't have time expiry? Or is the "Fair Basis" from futures used as a variable in calculating the Premium Index for the perpetual?
[2017-05-01 20:45:17] hitme1 : Biggiesmalls: i basically live here 80% of the year. cant think of anywhere better
[2017-05-01 20:45:46] Biggiesmalls : BitMEX_Greg: are you based in Hong Kong greg? Pretty cool site only just learnt about it. Complicated though.
[2017-05-01 20:46:33] Biggiesmalls : hitme1: we just got an apartment on Soi 11. Fantastic place for my kids, Thai people really go out of their way for kids
[2017-05-01 20:47:47] hitme1 : soi 11 was where i stayed when i first came. good choice
[2017-05-01 20:47:55] dorsens : BitMEX_Greg: there's an inconsistency: this page: https://www.bitmex.com/app/swapsGuide defines "Premium Index (P) = (Max(0, Impact Bid Price - Mark Price) - Max(0, Mark Price - Impact Ask Price)) / Spot Price + Fair Basis used in Mark Price", while this page https://www.bitmex.com/app/swapsGuideExamples says "Premium Index (P) = (Max(0, Impact Bid Price - Mark Price) - Max(0, Mark Price - Impact Ask Price)) / Spot Price", so it's missing the "Fair Basis used in Mark Price" factor
[2017-05-01 20:48:15] Biggiesmalls : hitme1: cool!
[2017-05-01 20:48:25] dorsens : so which is the actual formula used for Premium Index?
[2017-05-01 20:48:35] BitMEX_Greg : dorsens: Thanks will come back to you on this. The fair basis is not the futures basis. I think some pages may have been redone recently, need to check
[2017-05-01 20:48:49] BitMEX_Greg : Biggiesmalls: I am in the US, most of the rest of the team is in HK tho
[2017-05-01 20:48:50] dorsens : alright
[2017-05-01 20:49:36] Biggiesmalls : I can't believe how crazy loans are at the moment in crypto land... I have about 350 out at 0.9% on Polo. I'm hoping they don't close their position for the rest of their lives
[2017-05-01 20:49:45] Biggiesmalls : ?
[2017-05-01 20:49:57] dorsens : Biggiesmalls: 0.9% daily?
[2017-05-01 20:50:01] hitme1 : dumb money!
[2017-05-01 20:50:02] Biggiesmalls : Yes
[2017-05-01 20:50:16] REKT : Liquidated short on `GNOM17`: buy 28 @ 0.060163
[2017-05-01 20:50:31] aron : youre getiting 1% everyday for loaning polo?
[2017-05-01 20:50:46] Biggiesmalls : But don't look right now because you'll see. 0.018. a huge amount of money came flooding in
[2017-05-01 20:50:56] lrs13 : Ummm.. does kraken do margin on GNO?
[2017-05-01 20:50:58] Biggiesmalls : Yes that's right I'm getting 1% per day at least until they close
[2017-05-01 20:51:14] aron : how do i loan my polo?
[2017-05-01 20:51:18] aron : i only have btc
[2017-05-01 20:51:32] hitme1 : only thing thats makes me uncomfortable about polo is their relationship with bitfinex (via tether)
[2017-05-01 20:51:33] Biggiesmalls : Just click on the lending tab
[2017-05-01 20:51:44] aron : i dont see a lending tab here
[2017-05-01 20:51:59] hitme1 : what happens if bitfinex defaults on USDT
[2017-05-01 20:52:05] Biggiesmalls : Is at the top on the right next to margin
[2017-05-01 20:52:18] Biggiesmalls : I don't think that can happen
[2017-05-01 20:52:26] aron : are u talking about this site?
[2017-05-01 20:52:30] Biggiesmalls : It's Much Ado About Nothing
[2017-05-01 20:52:54] Biggiesmalls : No I was talking about Polo
[2017-05-01 20:53:07] aron : which site?
[2017-05-01 20:53:14] Biggiesmalls : But don't bother because the great rates have disappeared for now
[2017-05-01 20:53:19] Biggiesmalls : Poloniex
[2017-05-01 20:53:44] aron : any other idea for me to get 1% return per week?
[2017-05-01 20:53:58] Gr33d : dafuq, who bought my GNO @ 60? Jesus...
[2017-05-01 20:54:08] aron : maybe 0.5% return per week?
[2017-05-01 20:54:35] Biggiesmalls : aron: yes you can definitely get that... At the moment it is 0.17 per day
[2017-05-01 20:54:46] aron : how do i get that?
[2017-05-01 20:54:52] REKT : Liquidated long on `ETHM17`: sell 49 @ 0.05655
[2017-05-01 20:54:55] Trade : www.poloniex.com
[2017-05-01 20:55:14] aron : but what if they steal my btc?
[2017-05-01 20:55:18] Biggiesmalls : aron: just go to that website and click on the lending tab... Good luck..
[2017-05-01 20:55:22] aron : i mean its lending right?
[2017-05-01 20:55:22] Trade : ayuda
[2017-05-01 20:55:27] aron : what if they dont pay back?
[2017-05-01 20:55:31] Biggiesmalls : That's a risk you have to take with every exchange
[2017-05-01 20:55:52] Biggiesmalls : They are very conservative with their margin trading so it's not a risk
[2017-05-01 20:56:06] Biggiesmalls : 2.5x.
[2017-05-01 20:56:29] hitme1 : aron: the exchange might go bust, but the "borrower" cant run away. they platform just allows them to use leverage and processes it for you
[2017-05-01 20:56:43] hitme1 : if that makes sense
[2017-05-01 20:56:44] sleger : only 6 lines of rapidtrades in the chat archive, it's the end !!
[2017-05-01 20:56:58] aron : hitme1 lets say im the borrower and i borrow money
[2017-05-01 20:57:02] aron : why should i pay it back?
[2017-05-01 20:57:44] aron : or am i not allowed to take my loan away from the site?
[2017-05-01 20:57:57] sleger : there is no loans here
[2017-05-01 20:57:59] hitme1 : you "borrow" when you use leverage. you can take a bigger position than you have, cant actually withdraw it
[2017-05-01 20:58:10] Labowski : /price
[2017-05-01 20:58:12] trollbot : ``` Bitstamp : 1414.35 (0.45%) Bitfinex : 1545.80 (1.56%) OKCоin : 1360.01 (0.30%) itBit : 1438.75 (0.53%) Kraken : 1415.00 (1.14%) GDAX : 1457.64 (0.92%) SLQ : 1 hour, 44 mins```
[2017-05-01 21:00:49] Biggiesmalls : aron: if you want to make money without breaking your head... Just do absolutely nothing and sit on your Bitcoin. Sooner or later the Alts will crash again. BTC will squeeze them when it hits 1500 and fresh round of media/fomo. Then go shopping when there are huge selloffs.
[2017-05-01 21:01:41] Biggiesmalls : All of the big Alts lost 50-70% during the last run-up.
[2017-05-01 21:01:52] hitme1 : Biggiesmalls: +1 someone gets it
[2017-05-01 21:06:43] abbey : Biggiesmalls: word
[2017-05-01 21:07:49] Ugly_Old_Goat : Funding is paying shorts apprximately $9 per day or $3285 per year
[2017-05-01 21:08:06] sleger : you cant extrapolate 2 points....
[2017-05-01 21:08:18] Biggiesmalls : People have such short term memory in this space. It wasn't long ago that BTC flexed and suddenly all of the Alts were shitcoins
[2017-05-01 21:08:20] Ugly_Old_Goat : Better to own June than perp
[2017-05-01 21:08:49] sleger : if btc goes up yes
[2017-05-01 21:08:51] sleger : otherwise no
[2017-05-01 21:08:57] Biggiesmalls : You could buy Factom, ETH, XMR, REP 4 pennies on the dollar
[2017-05-01 21:09:08] thomaskikansha : still some hope for gno longers?
[2017-05-01 21:09:15] Ugly_Old_Goat : If btc sneezes alts will collapse
[2017-05-01 21:09:31] Biggiesmalls : Of course it will go up... It's the only thing that's ever reliably happened in this space
[2017-05-01 21:09:41] micmix : shorts were paid less than 2% in total funding since Jan. 1
[2017-05-01 21:09:42] sleger : really ?
[2017-05-01 21:09:46] sleger : Biggiesmalls:
[2017-05-01 21:10:07] sleger : 1000 to 100 ?
[2017-05-01 21:10:49] sleger : micmix: "we calculated the average difference between the Bitfinex daily USD and Bitcoin lending rates for a 12 month period ending 31 March 2017 to arrive at the positive 0.03% rate."
[2017-05-01 21:10:50] Ugly_Old_Goat : micmix: yup it was an anomally,. Mardket just now getting normal carryiing
[2017-05-01 21:11:04] Biggiesmalls : Zoom out. If all we ever did was buy bitcoin and hold it, at any point in history, we would be making money
[2017-05-01 21:11:22] sleger : ^ thats true of ATH
[2017-05-01 21:11:30] sleger : for anything
[2017-05-01 21:11:37] sleger : even tulipes at their highest
[2017-05-01 21:11:37] Biggiesmalls : But instead we are all greedy gutses which is why we trade on shitcoins!
[2017-05-01 21:11:39] wtaler : Is it possible to report bugs somehow? Just open a ticket I suppose?
[2017-05-01 21:12:09] micmix : sleger: yes, last year was much better funding wise
[2017-05-01 21:12:45] Ugly_Old_Goat : Remember went to 120 premium in January before we collapsed. So we could go much higher before it happens again
[2017-05-01 21:13:13] micmix : Ugly_Old_Goat: yes, just a small 3 month anomaly. like backwardation that should disappear in 2-3 days as you were saying in Jan
[2017-05-01 21:13:17] Ugly_Old_Goat : FOMOS have nothing but high risk and bad options now
[2017-05-01 21:14:12] Ugly_Old_Goat : Yup, and I made a forune beying Merch futures and did the same with June bot at 900 and still long
[2017-05-01 21:14:45] Ugly_Old_Goat : Just starting to sell Perp against June but it can go much wider if market continues up
[2017-05-01 21:15:27] micmix : Ugly_Old_Goat: lol, you were saying your liq price was $950 and that we will never go below $1100. just lies and more lies as always
[2017-05-01 21:15:39] Ugly_Old_Goat : All I know is the June is widening over Perp and my short perps are getting paid 9 per day
[2017-05-01 21:16:21] Ugly_Old_Goat : micmix: Sorry but I bot June from 915 to 888 check your price history
[2017-05-01 21:16:47] Ugly_Old_Goat : micmix: Those that no me know I do not mislead here
[2017-05-01 21:17:35] zanza : I"m so glad I didn't short at 1240 last week
[2017-05-01 21:17:41] zanza : I was going to do a big shor
[2017-05-01 21:17:41] Ugly_Old_Goat : I am long 120 btc now but was long 170 coming into today
[2017-05-01 21:18:05] zanza : https://www.reddit.com/r/Bitcoin/comments/68muot/17k_bitfinex_contracts_short_starting_at_1600_if/
[2017-05-01 21:18:27] Ugly_Old_Goat : I have no idea if we are stipping here, at 1500 or 15000, all I know is stay long btc
[2017-05-01 21:18:36] j8 : yeah a bitfinex short squeeze will be fun to watch
[2017-05-01 21:19:17] REKT : Liquidated short on `XBTUSD`: buy 25000 @ 1444.2
[2017-05-01 21:19:29] abbey : let's go
[2017-05-01 21:19:43] sleger : j8: hey can you do the magic unban please
[2017-05-01 21:19:44] Nutella : the GNO is slowly climbing back
[2017-05-01 21:19:45] Ugly_Old_Goat : zanza: Wow, I am bullish but not that bullish
[2017-05-01 21:19:51] j8 : /unban sleger
[2017-05-01 21:20:09] Nutella : /ban j8
[2017-05-01 21:20:10] trollbot : ``` j8 has been banned```
[2017-05-01 21:20:15] Ugly_Old_Goat : Again, I have take some very nice profits today and do not envy those stuck in FOMO land
[2017-05-01 21:20:22] j8 : guess i'm not a mod anymore
[2017-05-01 21:20:35] Nutella : no ur not
[2017-05-01 21:20:38] sleger : wow, it has gotten very low around here
[2017-05-01 21:20:44] sleger : only idiots are mods anymore
[2017-05-01 21:20:46] Actualiteit : COME AT ME BRUH
[2017-05-01 21:20:52] MikeHunt : need a modbot, then no more emotional bans
[2017-05-01 21:20:53] Actualiteit : fuckin caps
[2017-05-01 21:20:56] sleger : and long GNO :D lol
[2017-05-01 21:21:19] gnome : gno will reach 0.1 btc again. just wait
[2017-05-01 21:21:20] zqooN : MikeHunt: and an ignore feature
[2017-05-01 21:21:38] Nutella : will GNO be the hard currency crypto needs?
[2017-05-01 21:21:46] gnome : gno > eth
[2017-05-01 21:21:46] hitme1 : ive almost made back the balance of my last rekt a few months ago :)
[2017-05-01 21:21:47] sleger : no
[2017-05-01 21:21:48] Nutella : its the only token without inflation now
[2017-05-01 21:21:49] sleger : gNO
[2017-05-01 21:21:53] Gr33d : Nutella: Lol nah
[2017-05-01 21:22:03] Nutella : yah
[2017-05-01 21:22:04] Gr33d : GNO found its top
[2017-05-01 21:22:12] Rizky : REP>GNO?
[2017-05-01 21:22:24] Gr33d : Doge>GNO
[2017-05-01 21:22:24] sleger : empty > gno
[2017-05-01 21:23:03] thomaskikansha : good to see some support here
[2017-05-01 21:23:09] hitme1 : i hope ETH finally dies after this.
[2017-05-01 21:23:12] Nutella : flushing out shorts again will be fun
[2017-05-01 21:23:27] CrazySteve : /sentiment
[2017-05-01 21:23:29] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 35.23 / 64.77 Daily : 40.38 / 59.62 Weekly : 45.62 / 54.38 Monthly : 45.72 / 54.28```
[2017-05-01 21:23:33] Biggiesmalls : GNO and REP are both rubbish projects in my opinion. Ostensibly building gambling websites with no compliance layer. If they ever take off they will be crushed.
[2017-05-01 21:23:36] sleger : i just hope longs bought enough to get rekt soon
[2017-05-01 21:24:12] Ugly_Old_Goat : sleger: Only new longs will get rkt
[2017-05-01 21:24:32] hitme1 : Biggiesmalls: and MELON - fund management platform lol
[2017-05-01 21:24:46] hitme1 : lots of dubious projects IMO
[2017-05-01 21:24:49] Ugly_Old_Goat : If we break I will offer support, if we go up great!
[2017-05-01 21:25:19] Nutella : are u on team gno now? @Ugly_Old_Goat
[2017-05-01 21:25:36] Ugly_Old_Goat : Nutella: Never
[2017-05-01 21:25:37] sleger : team rapid lol
[2017-05-01 21:27:11] Ugly_Old_Goat : sleger: kiner team?
[2017-05-01 21:27:15] MikeHunt : sledger bearish = doom approaches
[2017-05-01 21:27:23] Ugly_Old_Goat : Kinder Team?
[2017-05-01 21:27:53] sleger : MikeHunt: bearish on what ?
[2017-05-01 21:28:04] Ugly_Old_Goat : I am a seller on a pop up and a buyer on a pop down, Which will it be?
[2017-05-01 21:28:21] MikeHunt : sleger: gno?
[2017-05-01 21:29:02] REKT : Liquidated long on `XRPM17`: sell 1000 @ 0.00003688
[2017-05-01 21:31:14] Nutella : buyers taking over orderbook @kraken
[2017-05-01 21:31:29] Gr33d : Nutella: LoooL
[2017-05-01 21:31:37] Actualiteit : Nutella: u a gnome?
[2017-05-01 21:31:39] aandy : YOLO FOMO LONG 100X
[2017-05-01 21:33:21] Ugly_Old_Goat : JunePerp spread at 26
[2017-05-01 21:33:54] Ugly_Old_Goat : Still a better buy than perp with current funding
[2017-05-01 21:36:23] Trade : True. Going to need to pay attention to Futures and spreads from now on @Ugly_Old_Goat
[2017-05-01 21:36:49] Trade : bit less liquid than swaps tho eh?
[2017-05-01 21:36:50] Ugly_Old_Goat : Trade: Very important
[2017-05-01 21:37:13] Nutella : /price
[2017-05-01 21:37:14] Ugly_Old_Goat : Trade: Quite a bit
[2017-05-01 21:37:15] trollbot : ``` Bitstamp : 1416.98 (0.19%) Bitfinex : 1559.00 (0.85%) OKCоin : 1377.10 (1.26%) itBit : 1447.69 (0.62%) Kraken : 1412.10 (-0.20%) GDAX : 1465.05 (0.51%) SLQ : 39 mins```
[2017-05-01 21:37:32] Nutella : finex blowing up?
[2017-05-01 21:37:39] Ugly_Old_Goat : I hold core in June futures and trade swap
[2017-05-01 21:37:49] Trade : people talking about short squeeze coming on BFX
[2017-05-01 21:37:56] biz : finex always blowing up. market buying to get the fuck off that exchange
[2017-05-01 21:37:57] podizzle3k : nutella word is there are shorts due to be liquidated at $1600 on finex that would blow through $100s in the asks
[2017-05-01 21:38:06] podizzle3k : so $1600 straight to $2000 is possible
[2017-05-01 21:38:19] Ugly_Old_Goat : I trade futures too but must be played with more extreme swings
[2017-05-01 21:38:22] Trade : Will I regret closing my long at 1448? lol
[2017-05-01 21:38:30] j8 : the $1600 part is made up though
[2017-05-01 21:38:35] Actualiteit : Trade: mmmmmaybe
[2017-05-01 21:39:04] podizzle3k : just be patient u know the money will flow into alts over time
[2017-05-01 21:39:06] Ugly_Old_Goat : And rather than sell June I prefer selling swap
[2017-05-01 21:39:25] Ugly_Old_Goat : Just be Jack be nimble
[2017-05-01 21:39:46] Ugly_Old_Goat : Jack be nimbe, jack be quick . . . and burnt a hole in his pants
[2017-05-01 21:40:38] sleger : podizzle3k: and you put any value to nutella word because .... ?
[2017-05-01 21:41:01] Nutella : gno=future pump
[2017-05-01 21:41:27] sleger : yes it will pump
[2017-05-01 21:41:32] sleger : from 0.001 to 0.002 :D
[2017-05-01 21:41:51] Nutella : wont go down below ICO
[2017-05-01 21:41:59] Gr33d : Solid 100bitcoin support for GNO at kraken.... 90% down from current price
[2017-05-01 21:42:05] Trade : well u have to say, everyone's had plenty of chances to take their profits this rally
[2017-05-01 21:42:22] hitme1 : let it ride
[2017-05-01 21:42:29] Ugly_Old_Goat : 1450 in swap almost!
[2017-05-01 21:43:02] immackay : what in the holy name of jesus christ our saviour is bitcoin doing today
[2017-05-01 21:43:09] Nutella : breakout could be coming to GNO
[2017-05-01 21:43:10] Trade : 100 point+ rallies w/o pullback unusual
[2017-05-01 21:43:16] shillosopher : bitcoin is doing
[2017-05-01 21:43:21] MikeHunt : bitcoin gone terminal
[2017-05-01 21:43:30] hitme1 : immackay: the innevitable!
[2017-05-01 21:43:33] Actualiteit : bitcoin gone full ragnarok
[2017-05-01 21:43:45] Ugly_Old_Goat : Trade: yes one day it will go up and just keep going up
[2017-05-01 21:43:53] Actualiteit : forever
[2017-05-01 21:44:09] Ugly_Old_Goat : Actualiteit: no not forever
[2017-05-01 21:44:23] Actualiteit : ah damnit why you have to burst my bubble m8
[2017-05-01 21:44:29] hitme1 : Ugly_Old_Goat: it btoke ATH thats why
[2017-05-01 21:44:35] sleger : margin shorts on finex havent really gone down at all yet
[2017-05-01 21:44:38] hitme1 : new ATH each day every day
[2017-05-01 21:44:53] Nutella : its a bubble, burst any day now
[2017-05-01 21:44:55] hitme1 : shorts will never learn
[2017-05-01 21:45:08] hitme1 : Nutella: ye they said that in 2011
[2017-05-01 21:45:16] hitme1 : and 2012 etc
[2017-05-01 21:45:17] Nutella : they were right
[2017-05-01 21:45:19] Ugly_Old_Goat : hitme1: correct, you do not short this market
[2017-05-01 21:45:24] Nutella : and they were right again
[2017-05-01 21:45:26] Nutella : and in 2013
[2017-05-01 21:45:28] Gr33d : Recent bad events (with bitcoin at relatively high prices) means 90% of people holding bitcoin now are longtern believers.. means price will go up and up with only small sell offs.
[2017-05-01 21:45:34] Nutella : 3 times it dropped >80%
[2017-05-01 21:45:37] Ugly_Old_Goat : You can sell hoping to cover that is all
[2017-05-01 21:45:38] Nutella : so it was a bubble
[2017-05-01 21:45:38] sleger : agreed, dont short, but take profits sometimes, then reenter etc
[2017-05-01 21:45:55] hitme1 : $10k BTC by christmas
[2017-05-01 21:46:12] hitme1 : $5k by summer
[2017-05-01 21:46:13] Actualiteit : hitme1: 100k btc next week
[2017-05-01 21:46:15] Ugly_Old_Goat : I have been a happy seller today. Taking btc home to bank
[2017-05-01 21:46:22] Ugly_Old_Goat : Thank you for your support
[2017-05-01 21:46:29] hitme1 : made 1btc today
[2017-05-01 21:46:34] hitme1 : off of 10 satoshi
[2017-05-01 21:46:41] Actualiteit : gz
[2017-05-01 21:46:53] aron : hitme1 bs
[2017-05-01 21:47:02] hitme1 : lol
[2017-05-01 21:47:20] hitme1 : well the 10 satoshi was BS rest was quite accurate
[2017-05-01 21:47:29] shillosopher : hitme1: wow 10 sat? I did that with 1 sat today
[2017-05-01 21:47:34] shillosopher : pleb
[2017-05-01 21:47:59] shillosopher : lern2traed
[2017-05-01 21:48:00] Actualiteit : shillosopher: hahaha casual.... I made 100 btc today off of 1 litoshi
[2017-05-01 21:48:08] Nutella : who has bigger GNO volume now? kraken or polo
[2017-05-01 21:48:12] shillosopher : Actualiteit: dayum
[2017-05-01 21:48:22] Actualiteit : Nutella: gnomes?
[2017-05-01 21:48:25] Actualiteit : great little fellas
[2017-05-01 21:49:04] Trade : gotta wait for next GNO round, then I'll take a break lol
[2017-05-01 21:49:33] aron : lol who said that btc will go down 80%?
[2017-05-01 21:49:36] Nutella : if long, make sure to buy shortly before limits, this will raise the price for next round
[2017-05-01 21:49:46] Nutella : i'll give u 5 sec warning
[2017-05-01 21:49:47] aron : no way man. the lowest itll go to is 1400
[2017-05-01 21:49:48] Actualiteit : aron: it will after reaching 500MM next month
[2017-05-01 21:49:56] aron : 500mm?
[2017-05-01 21:50:06] Actualiteit : aron: sorry, i meant 5bn
[2017-05-01 21:50:12] aron : :/
[2017-05-01 21:50:17] Ugly_Old_Goat : looks like we are rolling over
[2017-05-01 21:50:24] aron : 5bn too low prob reach 9999bn
[2017-05-01 21:50:28] Actualiteit : aron: true
[2017-05-01 21:50:36] Actualiteit : i tend to be conservative
[2017-05-01 21:50:37] Ugly_Old_Goat : hard break could come soon
[2017-05-01 21:50:39] aron : well all own islands
[2017-05-01 21:51:25] Trade : How does this show BFX Shorts explode at 1600? https://www.bfxdata.com/positions/btcusd
[2017-05-01 21:51:37] Ugly_Old_Goat : missed my 1450 sell, oh well
[2017-05-01 21:52:05] Actualiteit : yeah i tend to not pick round numbers anymore because of that
[2017-05-01 21:52:26] Actualiteit : missed so much orders by 10 fucking cents
[2017-05-01 21:52:27] Ugly_Old_Goat : Spread at 28
[2017-05-01 21:54:10] Clock : at what price are you guys buying?
[2017-05-01 21:54:18] Ugly_Old_Goat : Actualiteit: I am too lazy t be that preciise
[2017-05-01 21:55:05] Nutella : 5mins till limits are raised
[2017-05-01 21:55:07] Actualiteit : Ugly_Old_Goat: meh I just put it 30 cents under/above where I want to sell/buy
[2017-05-01 21:55:18] Nutella : guess doesn't mean much now cos price is close to polo
[2017-05-01 21:55:24] Ugly_Old_Goat : My average is 10 lower but collecte 2 so far so aveage is only 8 lower
[2017-05-01 21:55:58] Nutella : good time to rotate into polo/kraken if u want to escape the limits
[2017-05-01 21:56:23] Ugly_Old_Goat : Actualiteit: I don;t get into cunthair debates
[2017-05-01 21:57:08] Ugly_Old_Goat : Looks like the break will happen soon
[2017-05-01 21:58:02] REKT : Liquidated long on `XBTM17`: sell 420 @ 1466.5
[2017-05-01 21:59:08] Ugly_Old_Goat : Late longs about to get rkt
[2017-05-01 21:59:33] Trade : It's GNO time
[2017-05-01 22:00:05] EastIndiaCompany : to crash more
[2017-05-01 22:00:18] biz : no new GNO rekts
[2017-05-01 22:00:28] Trade : equilibrium :)
[2017-05-01 22:00:58] Trade : 0.0487 Polo
[2017-05-01 22:01:36] Clock : do we have a python wrapper for bitmex?
[2017-05-01 22:02:04] stf28 : Clock: https://github.com/BitMEX/sample-market-maker
[2017-05-01 22:02:15] Alexandrg1974 : /sentiment
[2017-05-01 22:02:17] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 45.19 / 54.81 Daily : 40.94 / 59.06 Weekly : 45.65 / 54.35 Monthly : 45.74 / 54.26```
[2017-05-01 22:02:37] REKT : Liquidated long on `XBTUSD`: sell 380 @ 1437.8
[2017-05-01 22:02:40] stf28 : inside the git is the websocket and api
[2017-05-01 22:03:28] Clock : stf28: thanks i will check it out
[2017-05-01 22:04:59] Nutella : gnosis stable now
[2017-05-01 22:05:11] Nutella : hard money will rotate to it from btc
[2017-05-01 22:05:36] hitme1 : alts money will flow into BTC IMO
[2017-05-01 22:05:42] hitme1 : alts had their fun
[2017-05-01 22:05:47] Nutella : btc= digital gold, ltc=digital silver gno=diamonds
[2017-05-01 22:06:00] Actualiteit : Nutella: gnomes have gold as well m8
[2017-05-01 22:06:07] hitme1 : well done to ETH foundation on distracting the public from BTC
[2017-05-01 22:06:08] chinnno15 : @Clock the one in sample-market-maker is kind of garbage. Check this one out https://github.com/joliveros/bitmex-client
[2017-05-01 22:07:45] Farzad2 : chinnno15: is it yours ?
[2017-05-01 22:07:58] chinnno15 : yes
[2017-05-01 22:08:07] Farzad2 : good job :)
[2017-05-01 22:08:18] stf28 : chinnno15: nice does it uses ws ?
[2017-05-01 22:08:31] chinnno15 : it's autogenerated. But it's much better than swagger-py and other clients
[2017-05-01 22:08:44] chinnno15 : yes, it has classes for websockets
[2017-05-01 22:09:10] stf28 : oh yeah misread
[2017-05-01 22:09:24] stf28 : does anyone uses the node mirror thing ?
[2017-05-01 22:09:32] chinnno15 : this is another that I built https://github.com/joliveros/bitmex-websocket
[2017-05-01 22:09:38] chinnno15 : but it is websocket only
[2017-05-01 22:09:42] Farzad2 : chinnno15: how is it auto generated ?
[2017-05-01 22:09:51] Farzad2 : stf28: what is node mirror thing >?
[2017-05-01 22:09:52] REKT : Liquidated long on `XBTM17`: sell 100 @ 1450.5
[2017-05-01 22:09:58] frog : Trade: he makes assumption the people who open short position with 3:1 leverage will have stop losses above 1600, and order book is too thin without triggering stop losses at higher level
[2017-05-01 22:10:14] BitMEX_Sam : chinnno15: The `bitmex-client` is just the swagger-codegen project, no?
[2017-05-01 22:10:24] hitme1 : BTFD!
[2017-05-01 22:10:32] BitMEX_Sam : In which case it should be the same as https://github.com/BitMEX/api-connectors/tree/master/clients/python
[2017-05-01 22:11:00] chinnno15 : farzad2: using this https://github.com/swagger-api/swagger-codegen
[2017-05-01 22:11:05] stf28 : Farzad2: don't remember where but i've seen a node server that mirrors bitmex data locally
[2017-05-01 22:11:12] REKT : Liquidated long on `XBTUSD`: sell 1000 @ 1429.7
[2017-05-01 22:11:37] chinnno15 : BitMEX_Sam: yep
[2017-05-01 22:11:37] Ugly_Old_Goat : About time
[2017-05-01 22:11:54] Ugly_Old_Goat : such em in blow em out
[2017-05-01 22:12:05] frog : Trade: similar to run up to +1500 on BFX, see candle at 14:22
[2017-05-01 22:12:07] hitme1 : weak hands will fold
[2017-05-01 22:12:09] BitMEX_Sam : stf28: Farzad2: https://github.com/BitMEX/api-connectors/tree/master/official-ws/delta-server
[2017-05-01 22:12:17] chinnno15 : BitMex_Sam: It would be so cool if you could publish that on pypi
[2017-05-01 22:12:24] Nutella : god pls kill bitcoin
[2017-05-01 22:12:30] stf28 : yes this thanks @BitMEX_Sam does anyone uses this ?
[2017-05-01 22:12:31] Nutella : this time it stays down for good
[2017-05-01 22:12:36] hitme1 : god IS bitcoin
[2017-05-01 22:12:43] Gr33d : Confirmed.
[2017-05-01 22:12:45] BitMEX_Sam : chinnno15: The websocket client or the automatically built swagger-codegen project?
[2017-05-01 22:12:57] REKT : Liquidated long on `XBTUSD`: sell 29 @ 1429.5
[2017-05-01 22:12:59] chinnno15 : the swagger-codegen client
[2017-05-01 22:14:41] chinnno15 : BitMex_Sam: if you don't have time for whatever reason I'll just keep publish stuff I build that you guys might find useful. I don't mind sharing
[2017-05-01 22:14:54] frog : Trade: someone mentioned that BFX may provide extra liquidity which would limit the price explosion, but not certain if they would do this
[2017-05-01 22:15:03] BitMEX_Sam : chinnno15: Appreciate it, we're pretty busy, but I'll keep in touch
[2017-05-01 22:15:28] Trade : Thx @frog
[2017-05-01 22:15:57] Nutella : don't take ur eyes off gno boys
[2017-05-01 22:16:10] chinnno15 : BitMex_Sam: sounds good. Thanks
[2017-05-01 22:16:39] Nutella : frog: source?
[2017-05-01 22:17:03] frog : from link trade provided from reddit
[2017-05-01 22:18:11] frog : this on i think note big "if" https://www.reddit.com/r/Bitcoin/comments/68muot/17k_bitfinex_contracts_short_starting_at_1600_if/
[2017-05-01 22:18:51] ross : btc to 1000 pls
[2017-05-01 22:19:16] frog : BTC price increase may be related to attempt to hunt shorts on BFX among other things
[2017-05-01 22:21:41] Trade : /price
[2017-05-01 22:21:43] trollbot : ``` Bitstamp : 1396.42 (-1.45%) Bitfinex : 1530.00 (-1.86%) OKCоin : 1356.71 (-1.48%) itBit : 1431.71 (-1.10%) Kraken : 1400.00 (-0.86%) GDAX : 1451.00 (-0.96%) SLQ : 44 mins```
[2017-05-01 22:21:49] frog : bfx premium decrease to $40 for short period, then went back up to $100 some shorts may have closed or downsized their positions then
[2017-05-01 22:22:17] Trade : GDAX premium remains interesting. Justification?
[2017-05-01 22:23:01] Trade : Arb the US Exchanges now? lol
[2017-05-01 22:23:58] j8 : yeah it's not just GDAX, gemini and itbit are up there
[2017-05-01 22:24:44] Trade : Are Kraken and Stamp that difficult to work with in volume?
[2017-05-01 22:27:38] j8 : i don't have a good explanation, except maybe that the domestic arbs are flowing more easily than international
[2017-05-01 22:28:41] j8 : within the US, and within the EU
[2017-05-01 22:29:20] Trade : I've never used Stamp or Kraken. Are they more retail focused, credit card type? Difficult for large wire xfers?
[2017-05-01 22:29:55] micmix : j8: my theory is that finex is doing MM on finex and hedge/arb on one of US exchanges
[2017-05-01 22:30:08] sleger : Trade: no but it takes time
[2017-05-01 22:30:12] frog : Trade: gemini probably gives best price discovery with their auction system,
[2017-05-01 22:30:23] micmix : arb within US exchanges is very fast
[2017-05-01 22:30:58] micmix : so gemini/gdax/itbit are very close almost always
[2017-05-01 22:31:05] j8 : i guess that would make sense, but why not hedge on bitstamp/kraken
[2017-05-01 22:31:20] KAHIR : BitMEX_Sam: what will happen to open contracts in gnom when it is 12:00 UTC
[2017-05-01 22:31:24] frog : micmix: they could probably pull that off
[2017-05-01 22:31:36] sleger : there was a large difference gdax / gemini for past 48 hrs (not now)
[2017-05-01 22:32:01] micmix : j8: not sure, maybe slower wires or lower limits on stamp/kraken
[2017-05-01 22:32:22] frog : sleger: about $80 now
[2017-05-01 22:32:50] sleger : frog: 6$
[2017-05-01 22:33:04] micmix : yes, gdax/gemini arbs are fast, one day to transfer USD from one to another
[2017-05-01 22:33:25] micmix : 2 days max
[2017-05-01 22:33:45] frog : sleger: sorry looking at bfx premium over these
[2017-05-01 22:33:51] BitMEX_Greg : KAHIR: Hi
[2017-05-01 22:34:01] KAHIR : hey
[2017-05-01 22:34:17] sleger : are you threatening of blowing the whole place ?
[2017-05-01 22:34:51] KAHIR : BitMEX_Greg: i would like to know what will happen if i have open contracts on gnos and the time passed 12:00 UTC
[2017-05-01 22:34:56] KAHIR : they will reset ?
[2017-05-01 22:34:58] BitMEX_Greg : KAHIR: We will change to Fair Price Marking, you can read about Fair Price here: https://www.bitmex.com/app/fairPriceMarking
[2017-05-01 22:35:11] KAHIR : i know that
[2017-05-01 22:35:29] KAHIR : i mean when it is changed
[2017-05-01 22:35:40] KAHIR : the standing contracts at that time
[2017-05-01 22:35:45] KAHIR : will be resseted ?
[2017-05-01 22:36:44] Nutella : gno could breakout soon
[2017-05-01 22:39:18] sleger : lol
[2017-05-01 22:39:22] sleger : broken record
[2017-05-01 22:40:31] Nutella : /unban sleger
[2017-05-01 22:40:32] trollbot : ``` sleger has been unbanned```
[2017-05-01 22:40:36] Nutella : sleger: :)
[2017-05-01 22:40:47] BitMEX_Greg : KAHIR: What do you mean by resseted? All contracts will be marked against Fair Price Marking instead of the current Last Price marking.
[2017-05-01 22:41:04] sleger : ok you undid your wrong, but why ? @Nutella
[2017-05-01 22:41:20] Nutella : so I can do this
[2017-05-01 22:41:22] Nutella : /ban sleger
[2017-05-01 22:41:22] trollbot : ``` sleger has been banned```
[2017-05-01 22:41:33] BitMEX_Greg : > *:door::hammer: User `Nutella` has been banned from chat.*
[2017-05-01 22:41:35] sleger : kids never change
[2017-05-01 22:41:44] zqooN : lol
[2017-05-01 22:41:45] Actualiteit : lmfao
[2017-05-01 22:41:50] Actualiteit : justice
[2017-05-01 22:41:53] sleger : ouch lol banhammer is back :D
[2017-05-01 22:42:38] BitMEX_Greg : Nutella: You were warned. Come back in 24 hours.
[2017-05-01 22:43:01] rapidgains : BitMEX_Greg: nice banhamer
[2017-05-01 22:43:04] frog : yes many warnings
[2017-05-01 22:43:15] sleger : we still have 2k users so its not just gno then, maybe also btc ath helped. The cny chat is still silent though
[2017-05-01 22:43:40] Actualiteit : they lurk from the darkness.
[2017-05-01 22:43:48] micmix : oh wow, didn't see banhammer pic before, guess it's new
[2017-05-01 22:44:01] sleger : isnt it just emoji ?
[2017-05-01 22:45:07] micmix : :hammer:
[2017-05-01 22:45:21] micmix : yes, looks like 2 emojis
[2017-05-01 22:45:26] Tommy : ? Nutella
[2017-05-01 22:45:29] BitMEX_Sam : Just something quick we added.
[2017-05-01 22:45:40] micmix : BitMEX_Sam: nice
[2017-05-01 22:45:58] frog : @sleger would gemini and gdax profit from BFX if it has big problem ie take over the trading volume
[2017-05-01 22:46:16] sleger : frog: probably not that much
[2017-05-01 22:46:53] micmix : frog: gemini auctions have 2x more volume now but maybe bitcoin going up helped
[2017-05-01 22:47:05] Tommy : I think Coinbase and Gemini have premium because selling is considered as a taxable event.
[2017-05-01 22:47:18] frog : auctions seem popular
[2017-05-01 22:47:23] sleger : gdax had a premium because of that
[2017-05-01 22:48:07] micmix : auciton is a good way to sell/buy decent amount without moving the price
[2017-05-01 22:48:16] mark121 : get rdyfor a sur[price
[2017-05-01 22:48:21] mark121 : ow.
[2017-05-01 22:48:21] sleger : auctions are great in general, they are very efficient
[2017-05-01 22:48:26] mark121 : get ready for a surprise*
[2017-05-01 22:48:33] shillosopher : mark121: rekt
[2017-05-01 22:48:45] micmix : kraken has a dark pool for the same reason but I never tried it
[2017-05-01 22:48:57] sleger : they are bad for hft and exchanges because they reduce volume though
[2017-05-01 22:49:33] mark121 : i think they are going jus short squeeze all the up to a billiion per coin..
[2017-05-01 22:50:02] mark121 : each time it goes up, stops, ppl go "OKAY this HAS to be the time"
[2017-05-01 22:50:12] mark121 : x infirnity
[2017-05-01 22:50:27] mark121 : btc btw
[2017-05-01 22:50:40] mark121 : not to intrude on your agnostic conversation
[2017-05-01 22:51:15] longbydefault : /price
[2017-05-01 22:51:17] trollbot : ``` Bitstamp : 1400.87 (0.32%) Bitfinex : 1532.60 (0.17%) OKCоin : 1363.91 (0.53%) itBit : 1434.41 (0.19%) Kraken : 1399.01 (-0.07%) GDAX : 1453.90 (0.20%) SLQ : 29 mins```
[2017-05-01 22:51:18] micmix : sleger: yes, gemini has more volume on auctions than regular trading, not good for MMs
[2017-05-01 22:51:22] mark121 : kylllinglolson has been doin what i mentioned since like 1120
[2017-05-01 22:51:54] mark121 : then today asks "waht the deal wheres this rally coming from"
[2017-05-01 22:52:45] mark121 : kingtuna aroun dtoday?
[2017-05-01 22:54:08] mark121 : interestingly
[2017-05-01 22:54:31] mark121 : we may have broke out of a multi month resistance alrdy
[2017-05-01 22:54:31] hmmmYea : BitMEX_Sam: can we add the weeklies back? eth is 5% wide on a huge volume day in the spot market
[2017-05-01 22:54:42] MikeHunt : 2k+
[2017-05-01 22:54:43] MikeHunt : we go
[2017-05-01 22:54:48] mark121 : not enuf volume for that hmmmYea
[2017-05-01 22:54:48] hmmmYea : leave the quarterilies where they are
[2017-05-01 22:54:58] mark121 : did u manage to save that shorrt mr hunt
[2017-05-01 22:55:14] MikeHunt : mark121: yeh then i got locked in another and managed to just about get out of that
[2017-05-01 22:55:25] MikeHunt : since btc going up faster n faster i not short anymore
[2017-05-01 22:55:48] zqooN : hmmmYea: I liked the weeklies more too
[2017-05-01 22:56:11] mark121 : monthlies are much more liked
[2017-05-01 22:56:13] hmmmYea : mark121: please dont pretend like we have comparable understandings of how liquidity works
[2017-05-01 22:56:21] mark121 : um
[2017-05-01 22:56:33] REKT : Liquidated long on `XBTM17`: sell 8658 @ 1441.7
[2017-05-01 22:56:37] mark121 : u cant compare an understanding to a non-understannding
[2017-05-01 22:56:46] mark121 : aka ignorance
[2017-05-01 22:56:55] hmmmYea : zqooN: i just like functioning markets... quarterlies are non-functional... mm has blown out in half the names
[2017-05-01 22:56:56] mark121 : stop talking to me tho
[2017-05-01 22:56:58] mark121 : ty
[2017-05-01 22:57:21] mark121 : u only negative guy around so beter to wait for ignore feature :p
[2017-05-01 22:57:23] hmmmYea : destroys volume
[2017-05-01 22:57:56] hmmmYea : mark121: shhhh
[2017-05-01 22:58:01] mark121 : theres no differtent understanding lol
[2017-05-01 22:58:13] Tommy : It's better to have perp swaps than quarterly for the altcoins.
[2017-05-01 22:58:13] mark121 : you have literally no self awareness
[2017-05-01 22:58:31] zqooN : hmmmYea: exactly. sadly i think the volume would be too low on here to have both
[2017-05-01 22:58:32] Ahhere : Shorts quiet can you let us know your thoughts
[2017-05-01 22:59:01] Shaman : swaps for alts would be kinda cool
[2017-05-01 22:59:18] mark121 : zqooN: ya that wud be agreeing with my interpretation :p
[2017-05-01 22:59:24] mark121 : <3
[2017-05-01 22:59:29] hmmmYea : zqooN: thats what i thought too... but think if they added a roll mlt that auto spread into each maturity they might end up with more liquity in both
[2017-05-01 22:59:41] hmmmYea : bc weeklies and quarterlies serve different customer profiles
[2017-05-01 22:59:50] zqooN : eventually
[2017-05-01 22:59:51] hmmmYea : roll market*
[2017-05-01 23:00:09] mark121 : the parts equal more than the whole huh thats like opposite synergy !
[2017-05-01 23:00:22] CrazySteve : /sentiment
[2017-05-01 23:00:24] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 66.53 / 33.48 Daily : 41.55 / 58.45 Weekly : 45.78 / 54.22 Monthly : 45.82 / 54.18```
[2017-05-01 23:01:10] hmmmYea : mark121: yes. you have not actually traded real futures, soyou dotn understand how roll markets work, and how they add liquidty
[2017-05-01 23:01:17] mark121 : ah true
[2017-05-01 23:01:25] frog : hmmmYea: with twap can't get same re entry
[2017-05-01 23:01:37] mark121 : hmmmYea: this is coming from the guy who thinks TA is voodoo
[2017-05-01 23:01:47] mark121 : and fibonacci a fraud
[2017-05-01 23:01:55] mark121 : damn..
[2017-05-01 23:01:56] hmmmYea : frog: thats why you run them side by side
[2017-05-01 23:02:11] frog : hmmmYea: that would be useful
[2017-05-01 23:02:35] hmmmYea : frog: the roll market would transalte bids in one to the other
[2017-05-01 23:02:39] mark121 : thats also where ur anger coomes from, apparently as im not even sure why u always piss