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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[2025-05-02 20:31:05] 8-8-8 : bmagic: I makes sense to short token long USDT, then convert to XBT especially without any fees on spot?
[2025-05-02 20:31:25] bmagic : right now yeah no fees.
[2025-05-02 20:31:37] bmagic : but fees will determine if that is a profitable decision
[2025-05-02 20:31:40] bmagic : generally it isn't
[2025-05-02 20:31:48] 8-8-8 : and long token short XBT and be paid in XBT
[2025-05-02 20:32:46] bmagic : you're mostly correct in principle
[2025-05-02 20:33:05] bmagic : however the risk there is if funding flips
[2025-05-02 20:33:09] bmagic : can work against you
[2025-05-02 20:33:33] bmagic : the strategy will expose you to swings in the asset itself though. so could end up losing out if you're not quick or get slippage.
[2025-05-02 20:33:39] 8-8-8 : as a max you end up short token long XBT, which makes sense
[2025-05-02 20:34:12] bmagic : yeah i try to just simplify it and let the exchange do the hardwork
[2025-05-02 20:34:23] bmagic : but if i had my own algorithmic bot to do the exchange then it would be worth it
[2025-05-02 20:34:31] bmagic : i'm not intelligent enough for that
[2025-05-02 20:34:41] 8-8-8 : I traded funding lots, 80% of the time it is stable. That's why I do not like being shot now with XBT funding being negative
[2025-05-02 20:34:42] bmagic : but the principle makes sense.
[2025-05-02 20:34:57] bmagic : thats great
[2025-05-02 20:35:03] bmagic : wish i was as smart as you!
[2025-05-02 20:35:18] bmagic : can save a lot of money
[2025-05-02 20:35:37] bmagic : i'm too degenerate to actively manage my risk like this though
[2025-05-02 20:35:49] bmagic : i just try to make smart trades and learn to be happy with the fees, taxes, etc...
[2025-05-02 20:36:07] ninnk : bro what the fuck
[2025-05-02 20:36:14] ninnk : i didnt know we could long gold here :arthur:
[2025-05-02 20:36:17] 8-8-8 : I do not know how much BTC is actually unhedged, I am starting to wonder if a lot just sits as collateral for short positions
[2025-05-02 20:36:20] bmagic : lol yes we can its new
[2025-05-02 20:36:24] 8-8-8 : earning funding
[2025-05-02 20:36:25] bmagic : pretty new
[2025-05-02 20:36:28] Dexul : what??!??!?!
[2025-05-02 20:36:32] Dexul : i want to short that
[2025-05-02 20:36:43] ninnk : ye i was just going through contracts list and saw xaut
[2025-05-02 20:36:50] ninnk : thought it was some grifto token
[2025-05-02 20:36:57] bmagic : also its crypto gld though
[2025-05-02 20:36:59] ninnk : but its gold wtf :pepe:
[2025-05-02 20:37:04] bmagic : tethered to gold
[2025-05-02 20:37:06] bmagic : and low liquidity probably
[2025-05-02 20:37:07] ninnk : yea underlying asset is gold tho
[2025-05-02 20:37:18] ninnk : 50k 24h ye pretty shite
[2025-05-02 20:37:37] bmagic : /position xbtusd ``` :bitmex: XBTUSD: 10,000 USD @ 96938.6766 ```
[2025-05-02 20:37:39] bmagic : /position ethusd ``` :bitmex: ETHUSD: 111 Cont @ 1848.89 ```
[2025-05-02 20:37:41] bmagic : /position solusd ``` :bitmex: SOLUSD: 1,210 Cont @ 148.48 ```
[2025-05-02 20:37:44] bmagic : im aliveeee
[2025-05-02 20:37:51] 8-8-8 : PAXG is liquid, not sure what XAUTUSD collaral ris
[2025-05-02 20:37:58] Dexul : bmagic: :doge;
[2025-05-02 20:38:00] bmagic : tether
[2025-05-02 20:38:00] Dexul : :doge:
[2025-05-02 20:38:04] bmagic : collateral is tether
[2025-05-02 20:38:19] 8-8-8 : actual gold held by tether then
[2025-05-02 20:38:26] bmagic : with these longs i may get an optimal high leverage short open by tomorrow
[2025-05-02 20:38:33] bmagic : wish me luck
[2025-05-02 20:38:45] ninnk : its not its btc
[2025-05-02 20:38:51] ninnk : https://www.bitmex.com/app/contract/XAUTUSD
[2025-05-02 20:38:57] ninnk : Type Settled in BTC, quoted in USD Contract Size
[2025-05-02 20:39:05] ninnk : 0.001 mBTC per 1 USD (Currently 0.00326130 BTC per contract)
[2025-05-02 20:39:09] al guul : sell the farm bois
[2025-05-02 20:39:16] bmagic : yes but XAU is tether contract
[2025-05-02 20:39:19] 8-8-8 : bmagic: GL I'll swat the uptrend for ow
[2025-05-02 20:39:19] bmagic : its settled in btc
[2025-05-02 20:39:28] ninnk : ah, yeah ok
[2025-05-02 20:39:44] 8-8-8 : ninnk: then it's pure vacuum contract
[2025-05-02 20:47:13] leBread : 75xers still safu, uhum, there is oddiness here.
[2025-05-02 20:47:32] LickMyBulls : My bawls are VERY heavy
[2025-05-02 20:47:37] LickMyBulls : We will duml my load
[2025-05-02 20:47:39] bmagic : https://www.fxstreet.com/cryptocurrencies/news/bitcoin-bulls-singing-triangle-triangle-up-above-the-sky-202505021421
[2025-05-02 20:47:52] bmagic : this is probably what mainsteam is using to trade
[2025-05-02 20:48:11] bmagic : so could get some retail indecision above 98k
[2025-05-02 20:48:26] bmagic : dw whales will make the decision lol
[2025-05-02 20:49:07] LickMyBulls : bmagic: the whales can't handle me heavy bawls
[2025-05-02 20:49:31] bmagic : https://www.coinglass.com/hyperliquid/0xf80125919c99fb99cead5b44c7482f33d2e2d4d7
[2025-05-02 20:49:40] bmagic : this whale opened a 600 btc long at 95356.7
[2025-05-02 20:49:46] bmagic : and he was 1m in the red
[2025-05-02 20:49:50] bmagic : now he's killing it!
[2025-05-02 20:49:58] bmagic : 70k in funding though
[2025-05-02 20:51:36] bmagic : wtf there's whales opening 107m positions at 96.6k long
[2025-05-02 20:51:44] bmagic : insane.
[2025-05-02 20:52:17] bmagic : https://www.coinglass.com/hyperliquid/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6
[2025-05-02 20:52:55] bmagic : lmao PEPE long at 0.007531 and now 4.62m profit
[2025-05-02 20:52:58] bmagic : this guy is pure degenerate
[2025-05-02 20:53:05] bmagic : but winning
[2025-05-02 20:53:22] bmagic : long on TRUMP, FARTCOIN, kPEPE, XRP and AIXBT
[2025-05-02 20:53:26] bmagic : its sad to see more money than brains
[2025-05-02 20:54:00] bmagic : 5m profit on TRUMP, 3 mill profit FARTCOIN, 4.6m profit kPEPE.
[2025-05-02 20:54:07] bmagic : lad
[2025-05-02 20:59:18] 8-8-8 : bmagic: I do enjoy following your trades, seems like you put a lot of thought into it, and I find your posts informative, smarts can sometimes just be hardwork
[2025-05-02 21:01:50] ninnk : bro's making heaps, yet he's the brainless one :arthur:
[2025-05-02 21:02:03] ninnk : fat stax more like
[2025-05-02 21:03:47] bmagic : 8-8-8: i used to do trade calls in early days with a high hit rate. It's tedious work though and i enjoy having flexibility in my life so i'm less perfectionist and more risk management. still enjoy TA though :)
[2025-05-02 21:04:42] bmagic : ninnk: i think you misunderstood the point. those are all very risky investments for high net worth individuals. The guys winning but it could swing anytime. Guys just a degenerate gambler with fat stacks to enable wealth.
[2025-05-02 21:04:59] bmagic : one risk i can understand but the whole position is just memes
[2025-05-02 21:05:25] bmagic : not to mention he is the only whale longing at that range.
[2025-05-02 21:05:43] bmagic : all whales knowingly short at 96.6k
[2025-05-02 21:05:48] bmagic : its in the data.
[2025-05-02 21:06:08] bmagic : either the guys well connected and knows something we don't or he's a degen.
[2025-05-02 21:06:31] bmagic : thats his degen account.
[2025-05-02 21:07:39] ninnk : its just 1k btc :pepe:
[2025-05-02 21:07:44] Chinos_Charts : who's ready for 70k btc :P
[2025-05-02 21:07:49] bmagic : ah pocket change
[2025-05-02 21:08:20] bmagic : Chinos_Charts: i'm ready to make 70k btc
[2025-05-02 21:08:37] ninnk : that's just poker buy-in
[2025-05-02 21:09:06] Chinos_Charts : better start looking for them shorts soon ;)
[2025-05-02 21:09:16] bmagic : im actively looking
[2025-05-02 21:09:21] bmagic : to short this to hell
[2025-05-02 21:09:33] bmagic : but i decided to take a greedy scalp on this account
[2025-05-02 21:10:41] bmagic : ok im done watching charts.
[2025-05-02 21:10:50] bmagic : orders are in. stay safe all
[2025-05-02 21:10:57] Chinos_Charts : oh me too i'm loong atm from 84k XD
[2025-05-02 21:12:53] 8-8-8 : bmagic: I'm setting a python environment, I don't do any TA as I focus inter markets, pulling funding rates, but some directional bias would be helpful, so down the line who knows about some colab, since you make a lot of sense to me, like automate the way u look at things
[2025-05-02 21:20:04] craigolie : we are on the vwap and in the middle of the 24hr range. Bad time to open a trade
[2025-05-02 21:20:21] BlissRP : craigolie: +1 ser
[2025-05-02 21:20:48] BlissRP : but many here are addicted to pain so it would then be a perfect time to enter :arthur:
[2025-05-02 21:21:07] craigolie : haha
[2025-05-02 21:21:41] craigolie : Good luck my man]
[2025-05-02 21:28:36] craigolie : Sorry not my man just Good luck Bro. 😆
[2025-05-02 21:30:02] craigolie : Recon it could fall below the range in afew hours
[2025-05-02 21:43:57] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 200 USD @ 96839.3 - 🐳
[2025-05-02 21:53:57] leBread : https://www.youtube.com/watch?v=CqEYTU-xlSU
[2025-05-02 21:55:26] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 5000 USD @ 96634.9
[2025-05-02 21:56:14] 8-8-8 : leBread: synopsis?
[2025-05-02 22:00:07] leBread : 8-8-8: INded, or something similar.
[2025-05-02 22:00:50] leBread : 75x has been taken out, now things are curuious.
[2025-05-02 22:02:05] bmagic : craigolie: u do know the weakness of VWAP trading though?
[2025-05-02 22:03:11] bmagic : its almost irrelevant when the market is trending hard or during chop.
[2025-05-02 22:03:25] bmagic : everything needs context
[2025-05-02 22:03:32] bmagic : VWAP isn't a valid trade argument standalone.
[2025-05-02 22:03:43] bmagic : especially for breakout traders
[2025-05-02 22:03:51] bmagic : it lags so hard
[2025-05-02 22:03:56] bmagic : its better for investors than traders.
[2025-05-02 22:04:21] bmagic : otherwise you'll get more false signals than anything else
[2025-05-02 22:04:41] bmagic : reliance on historical price action is not what you want when history is about to be made.
[2025-05-02 22:05:22] bmagic : especially at this time of the trading session, its not even telling you the momentum. it's telling you about how historical price action has produced a non result
[2025-05-02 22:05:28] bmagic : which is why its in the middle of nowhere
[2025-05-02 22:05:48] bmagic : almost meaningless
[2025-05-02 22:06:01] leBread : https://www.youtube.com/watch?v=sgH6emB4UdY
[2025-05-02 22:06:21] 8-8-8 : leBread: curious indeed, hard to believe it's happening
[2025-05-02 22:06:35] hiltosmith : Hello
[2025-05-02 22:06:43] bmagic : 8-8-8: sounds good. maybe we can find time in the future. for now the priority is to find the annual top.
[2025-05-02 22:07:07] hiltosmith : H
[2025-05-02 22:07:14] leBread : 8-8-8: Weekend action can be ignored until sunday.
[2025-05-02 22:07:36] bmagic : leBread: nope
[2025-05-02 22:07:36] leBread : sunday -> monday is the most exciting
[2025-05-02 22:07:46] bmagic : incorrect since introduction of ETFs
[2025-05-02 22:07:47] leBread : bmagic: yes, sorry bro.
[2025-05-02 22:07:49] 8-8-8 : bmagic: no rush, I'm still debugging, though code assistance helps a lot
[2025-05-02 22:08:00] bmagic : due to ETF's weekend action is back
[2025-05-02 22:08:10] leBread : ETF's has zero infliction.
[2025-05-02 22:08:14] bmagic : dude
[2025-05-02 22:08:24] bmagic : just because you say something doesn't mean its true hehe
[2025-05-02 22:08:33] bmagic : check out the data
[2025-05-02 22:08:50] leBread : Did I say that all I say is true? I did not.
[2025-05-02 22:08:54] hiltosmith : Excauseme
[2025-05-02 22:09:00] leBread : Restart sir.
[2025-05-02 22:09:01] 8-8-8 : reminds me of the good old times when it dumped during times with least liquidity...
[2025-05-02 22:09:29] leBread : https://www.youtube.com/watch?v=DREMsW_qtyw
[2025-05-02 22:09:30] bmagic : i'm not here to argue, but i will call out bs when i hear it
[2025-05-02 22:09:38] leBread : At least I share killer songs
[2025-05-02 22:09:55] leBread : bmagic: There is no argue here, atleast not from my side.
[2025-05-02 22:10:12] bmagic : lebread is getting toasty
[2025-05-02 22:10:33] leBread : All toats taste better with butter
[2025-05-02 22:11:15] leBread : bmagic: You wasnt this agressive to me in the past. Sad to see this development.
[2025-05-02 22:11:44] bmagic : it's not aggression.
[2025-05-02 22:13:07] leBread : bmagic: By now, you should know that I always go against the majority. Why? Because the profits is there.
[2025-05-02 22:13:29] 8-8-8 : leBread: try long XBTUSD short ETHUSD, something fun to watch
[2025-05-02 22:13:54] bmagic : i feel that the US session today was disappointing
[2025-05-02 22:14:07] bmagic : may have to close
[2025-05-02 22:14:12] leBread : 8-8-8: For now, I am careful with ETHUSD pair, there might be somehing that gives great returns playing the pipes.
[2025-05-02 22:15:20] 8-8-8 : bmagic: I shorted BTC a couple of times and covered 96750 96850, during the day, tiny bit just to get fingers moving
[2025-05-02 22:15:27] leBread : Unless LTC pumps, nor dumps, there is only up only mode.
[2025-05-02 22:15:50] leBread : LTC is ALWAYS, yes in caps, the last one to move.
[2025-05-02 22:16:48] leBread : For now, unless disproven, there is only up for now.
[2025-05-02 22:17:02] bmagic : my last short entry was 97468
[2025-05-02 22:17:09] leBread : Stay vigilant. When LTC pumps, it will mark the top.
[2025-05-02 22:17:24] bmagic : but im seeing signs in the alt markets that btc is not done
[2025-05-02 22:17:37] leBread : Do with that as you wish, for me is has made my life easier.
[2025-05-02 22:17:46] 8-8-8 : leBread: interesting tid bits, LTC holders are real laggers?
[2025-05-02 22:18:16] leBread : At 75, the quality of life is important.
[2025-05-02 22:18:49] leBread : 8-8-8: Indeed, they lag behind. At eleast for now and 8 years historically.
[2025-05-02 22:19:09] 8-8-8 : bmagic: did you initiate short?
[2025-05-02 22:19:40] bmagic : i'm holding my short for 3 months now.
[2025-05-02 22:19:43] leBread : 50x might be in danger, but do not think so.
[2025-05-02 22:20:26] 8-8-8 : leBread: that alpha does not preclude pulling back some before the pump?
[2025-05-02 22:21:14] 8-8-8 : bmagic: your LT short, rather than bitmex scalping
[2025-05-02 22:21:22] leBread : 8-8-8: 5x ++ agree-
[2025-05-02 22:21:25] bmagic : oh bitmex i closed it and went long
[2025-05-02 22:21:29] bmagic : /position xbtusd ``` :bitmex: XBTUSD: 15,100 USD @ 96801.6727 ```
[2025-05-02 22:21:31] bmagic : /position ethusd ``` :bitmex: ETHUSD: 126 Cont @ 1845.76 ```
[2025-05-02 22:21:33] bmagic : /position solusd ``` :bitmex: SOLUSD: 1,390 Cont @ 148.27 ```
[2025-05-02 22:21:42] bmagic : considering a close though with the disappointing US session
[2025-05-02 22:21:45] Atlemos : Phuk! this is cascading down lebread!
[2025-05-02 22:21:46] bmagic : but will let it go
[2025-05-02 22:21:58] leBread : Data tells a story, a story that majority will not agree with.
[2025-05-02 22:22:09] leBread : Only up mode has been enabled.
[2025-05-02 22:22:15] bmagic : thats what i want to hear
[2025-05-02 22:22:19] bmagic : bread for all
[2025-05-02 22:22:40] 8-8-8 : If I were long I wouldn't like this drip drip, down, I get better visibility when volatility is in
[2025-05-02 22:22:44] leBread : There will not be bread for all. Bread is emtpy carbs.
[2025-05-02 22:23:00] bmagic : 8-8-8: the drip is within paramaters for reversal
[2025-05-02 22:23:09] bmagic : not at the point of closing this yet
[2025-05-02 22:23:21] bmagic : but similar to what bread said before, weekend action is uncertain.
[2025-05-02 22:23:30] 8-8-8 : bmagic: possibly bots reducing activity to get a better price
[2025-05-02 22:23:31] leBread : +1
[2025-05-02 22:23:31] bmagic : but it's certainly been alive recently
[2025-05-02 22:23:52] bmagic : well reading the price action
[2025-05-02 22:23:56] bmagic : there's been some early buys
[2025-05-02 22:24:01] bmagic : large players
[2025-05-02 22:24:05] bmagic : so this is going up.
[2025-05-02 22:24:10] leBread : bread being alive just prooves the live in mushrooms (yeast).
[2025-05-02 22:24:11] bmagic : just a matter of how far they want the dip
[2025-05-02 22:24:26] bmagic : i can't hold this high leverage for too long on this account without adding margin
[2025-05-02 22:24:32] bmagic : not interested to take such risks
[2025-05-02 22:24:45] bmagic : but this is not a typical hns on BTC
[2025-05-02 22:24:49] bmagic : i think it will recover
[2025-05-02 22:25:00] bmagic : back above 96800 and its a strong long signal
[2025-05-02 22:25:05] leBread : I went long 87k, i am now what we consider, mid move.
[2025-05-02 22:25:33] leBread : mid move could grow, but for now, maximum is 105k.
[2025-05-02 22:26:08] leBread : elchisoso is waiting at 105k.
[2025-05-02 22:26:51] 8-8-8 : bmagic: I swear market makers do not know where short term traders stand!
[2025-05-02 22:27:10] leBread : market makers, dont know shit sir.
[2025-05-02 22:27:28] leBread : thats the beauty of it, they dont need to know it.,
[2025-05-02 22:28:02] leBread : They sell to buyers, and they buy from sellers. They profits from the middle.
[2025-05-02 22:28:30] 8-8-8 : leBread: how do u see that? exchanges have access to customer flow, 101 banking and brokerage
[2025-05-02 22:28:33] leBread : Thats why _all_ markets slowly trend up, where they are involved.
[2025-05-02 22:29:05] leBread : 8-8-8: Just answered your question below.
[2025-05-02 22:29:44] leBread : If a market is ever trending down, 10 years +, market makers is not involved.
[2025-05-02 22:29:57] 8-8-8 : leBread: does not make sense from an algo trading standpoint, unless you are quite familiar with the matter?
[2025-05-02 22:30:46] leBread : 8-8-8: Market makers do not care about algo trading. They sell to buyes and thel buy from sellers.
[2025-05-02 22:31:09] leBread : They do not care if market goes parabolic or not.
[2025-05-02 22:31:18] 8-8-8 : leBread: I'be done market making, it does not matter the trend, anyhow, you might have operated other types of edges
[2025-05-02 22:31:57] leBread : 8-8-8: It goes hand in hand with one of my first theories ever; Price always go back to where it has been, at least once.
[2025-05-02 22:32:45] leBread : Launching my own market maker bots on 21+ exchanges, has proven my theory to be right, profits is not high, but there is never a loss.
[2025-05-02 22:33:16] 8-8-8 : leBread: I think I will leave it for what it is. Algo trading is not necessarily concerned with price, arbitragers make a lot more than most people realize and I will leave it at that :)
[2025-05-02 22:33:17] leBread : Just sell to buyers, and make sure to buy their sells. You can NEVER lose.
[2025-05-02 22:33:59] leBread : 8-8-8: Everyone has a different take on the market. Full respect.
[2025-05-02 22:34:31] 8-8-8 : I am ok with your take, no point in spreading alpha on my side.
[2025-05-02 22:34:35] leBread : I do miss the dude called "Automator" he knew things.
[2025-05-02 22:34:39] bmagic : stupid alts need to stop selling while btc increases
[2025-05-02 22:34:51] bmagic : lets all win pls
[2025-05-02 22:34:52] bmagic : lol
[2025-05-02 22:35:18] leBread : What happended to automator?
[2025-05-02 22:35:40] 8-8-8 : leBread: yes always interesting to hear what others are doing
[2025-05-02 22:36:09] bmagic : isn't there a guild dedicated to automation?
[2025-05-02 22:36:11] leBread : 8-8-8: A secret is that patience, is the key here, and the profit margin is slim. But over time, the profits is sweet.
[2025-05-02 22:36:47] leBread : It might be 1 year, 4 year or 7 years. But profits always return home.
[2025-05-02 22:37:00] 8-8-8 : leBread: were you running python based or cpp?
[2025-05-02 22:37:21] leBread : 8-8-8: There is parts of the infrastructure runnin pythin yes.
[2025-05-02 22:38:28] 8-8-8 : leBread: I use python now to get a head start, but really targeting cpp
[2025-05-02 22:38:56] leBread : 8-8-8: Modern python is rather good performance wise, if you write it accordingly.
[2025-05-02 22:39:01] al guul : chyna is rekt
[2025-05-02 22:39:13] 8-8-8 : leBread: using pyc do you mean?
[2025-05-02 22:39:37] bmagic : not looking good
[2025-05-02 22:39:38] leBread : 8-8-8: It will never ever, out perform proper witten c code.
[2025-05-02 22:40:15] leBread : 8-8-8: Everyone knows that pyc files is just local cache files of executed code.
[2025-05-02 22:40:56] 8-8-8 : I'm a C guy too, though proper pyc seems promising, haven't checked the reality more theory I read
[2025-05-02 22:41:32] leBread : 8-8-8: Leaveing it running for a while will provide answers.
[2025-05-02 22:41:49] leBread : Currently I am ingesting market data from 39k markets real time.
[2025-05-02 22:42:11] leBread : Everything from live trades to orderbook updates.
[2025-05-02 22:42:41] 8-8-8 : leBread: I started direcy in C and my exhange is damn bad documented, so using py til I figure things a bit more
[2025-05-02 22:42:43] leBread : Some markets needs better code than others.
[2025-05-02 22:43:14] 8-8-8 : leBread: al in C? or using ccxt
[2025-05-02 22:43:22] leBread : 8-8-8: Programming language is not key here, it is the data stucture and how fast you can ship it around locally.
[2025-05-02 22:44:15] leBread : If you can ship data fast enough without causing queues in cycles, there is no need to go "more efficent language".
[2025-05-02 22:44:45] 8-8-8 : I have not profiled yet, not sure how much py adds in processing, and backend of course, LMDB is my target
[2025-05-02 22:45:20] leBread : 8-8-8: Don't bother with such overhead as long it does not cause you queues.
[2025-05-02 22:46:13] leBread : If there is no queues, there is nothing to worry about, all data is processed.
[2025-05-02 22:47:12] 8-8-8 : leBread: not sure about the queues, using asyncio for now, yes I heard that may be faster than threading
[2025-05-02 22:49:19] 8-8-8 : python is C under the hood, so proper python, from your experience seems to do the job with minimum lag
[2025-05-02 22:49:27] leBread : 8-8-8: quues = when cpu cycles is not enoug to process current data.
[2025-05-02 22:49:57] leBread : https://www.youtube.com/watch?v=qlti8Q-gU-Q
[2025-05-02 22:51:24] leBread : 8-8-8: When it comes to cpu cycles its all about current hardware as well, my current hardware can only process data at 3.6ghz, the rest is queued.
[2025-05-02 22:51:27] 8-8-8 : leBread: I have no quantifiable info on that, the amount of ticks is prob not that important compared with I/O possiibilites of modern HW vs. the min 30 ms Internet lag
[2025-05-02 22:51:52] leBread : That is only for ingestion, then we have the read of data and analyze the data, that is id sifferent story,
[2025-05-02 22:52:43] leBread : ingestion of data is only responsble of receiving and writing the data the the corrresponding data flush.
[2025-05-02 22:52:51] 8-8-8 : I think I get it, data fetching is no bottleneck, u save me profiling that :)
[2025-05-02 22:53:09] leBread : profiling comes later on in the chain yes.
[2025-05-02 22:54:23] 8-8-8 : I have 0 idea were the stress points are, I am thinking LMDB, faster than just about anything besides specialized time series database
[2025-05-02 22:54:51] leBread : Pro tip; Just ingest everything. ... then worry about stress.,
[2025-05-02 22:55:13] bmagic : leBread: isn't that fattening?
[2025-05-02 22:55:26] leBread : Once the data is stored, you can do anything with it.
[2025-05-02 22:55:55] leBread : bmagic: Nothing wrong with fatl, if you use it correctly.
[2025-05-02 22:56:04] 8-8-8 : I know I am a bit silly to optimize some early on, though I'd rather use some price diff technique rather than shove everything CVS
[2025-05-02 22:56:31] leBread : Just store ALL data locally so you have it, then you modify it to fit your need.
[2025-05-02 22:56:46] leBread : If it doesnt work, modify it some more.
[2025-05-02 22:57:01] leBread : key is, you have all historyc data.
[2025-05-02 22:57:22] 8-8-8 : leBread: I was quite successful doing some arb without software, until it caught me back, that's why I want something solid
[2025-05-02 22:58:12] leBread : I am in the works of selling historic data as well, data most do not have available. Everything from second exact trade data to orderbook data, to be used in replay mode.
[2025-05-02 22:58:15] 8-8-8 : leBread: it really does not cost me so much more work to design a compressed storage and it processes faster anyhow
[2025-05-02 22:59:14] 8-8-8 : leBread: interesting to know about the data
[2025-05-02 22:59:14] leBread : 8-8-8: Do not worry about compressed storage, worry about using the data properly.
[2025-05-02 22:59:51] leBread : When you reach my level of data retention, compression means zero.
[2025-05-02 23:00:52] 8-8-8 : leBread: I do not mind spending a few days for that, I am really only automating my accounts for now, stuff I know need to be done, I lost a big chunk of my accounts because I was not managing delta in real time
[2025-05-02 23:01:04] leBread : Just keep enough data in memory to allow your algo to make a good decition.
[2025-05-02 23:01:44] bmagic : 96380
[2025-05-02 23:01:50] 8-8-8 : compression gives you 1 to ten compression ratio, you are saying the dataset is not that large that is matters?
[2025-05-02 23:01:54] leBread : If you are indeed interested in having a diaog regarding this topic, reach out to me on discord.
[2025-05-02 23:02:02] bmagic : this may slide if we don't recover 96800 soon
[2025-05-02 23:02:34] 8-8-8 : leBread: sure thing, why channel
[2025-05-02 23:03:01] 8-8-8 : leBread: (which)
[2025-05-02 23:03:04] leBread : 8-8-8: There are trollbox rules I have to follow, i cannot, ever, tell you excatly. Sorry.
[2025-05-02 23:03:37] 8-8-8 : do you have a guild or something
[2025-05-02 23:03:42] leBread : But if you have been around for a while you know me by the green face with a great smile.
[2025-05-02 23:03:53] bmagic : :pepe:
[2025-05-02 23:04:03] leBread : bmagic: :pepe:
[2025-05-02 23:04:36] bmagic : those larger time frames are calling for 92800
[2025-05-02 23:04:49] bmagic : but theres some strange PA that looks at 99k
[2025-05-02 23:05:04] bmagic : give me a sign btc
[2025-05-02 23:05:35] bmagic : oh looks like the alts are giving me signs first
[2025-05-02 23:05:58] bmagic : :fullmoon:
[2025-05-02 23:06:01] bmagic : :full_moon:
[2025-05-02 23:07:45] leBread : https://www.youtube.com/watch?v=XylB3p7ePNE
[2025-05-02 23:08:25] leBread : 8-8-8: I am in XPRGOD's group.
[2025-05-02 23:12:59] bmagic : the god
[2025-05-02 23:13:03] bmagic : XRPGOD
[2025-05-02 23:13:13] bmagic : the man the myth the legend
[2025-05-02 23:13:46] leBread : indeed he is.
[2025-05-02 23:14:11] 8-8-8 : I wonder what the catalyst to go lower can be
[2025-05-02 23:14:42] bmagic : Trumps pants fall down while addressing the public on live TV
[2025-05-02 23:14:47] leBread : It is enough with one more trump speach to go lower.
[2025-05-02 23:14:54] PeacenLuv : hangontight btc l @8-8-8 ongerz
[2025-05-02 23:14:56] leBread : https://www.youtube.com/watch?v=W2WodaIThkQ
[2025-05-02 23:15:00] bmagic : i'd sell all my bitcoin if that happened
[2025-05-02 23:15:17] PeacenLuv : were voin vor a vukin ride weeeeee
[2025-05-02 23:15:20] leBread : 75xers has been rekt, calculations in progress.
[2025-05-02 23:15:42] 8-8-8 : leBread: that's tongue in cheek
[2025-05-02 23:15:44] bmagic : REKT them again?
[2025-05-02 23:15:47] leBread : i went long, on 7 out of 31 accounts, lets see.
[2025-05-02 23:16:20] leBread : Curiousness killed the curious.
[2025-05-02 23:16:23] bmagic : how do u do your taxes
[2025-05-02 23:16:34] bmagic : with great pain?
[2025-05-02 23:17:19] leBread : bmagic: Easy, inter volume - profit volume = negative taxes, * -1 to get the number.
[2025-05-02 23:17:27] RonnieREKT : 🔥 Liquidated short on `ETHUSD`: Buy 9 Cont @ 1841.31 ($1,603.64) - Wallet's on a diet now!
[2025-05-02 23:17:37] leBread : https://www.youtube.com/watch?v=p2vEoc4Cyb
[2025-05-02 23:17:45] bmagic : i mean consolidating all your records for tax purposes from 31 accounts
[2025-05-02 23:17:49] bmagic : lol
[2025-05-02 23:17:59] bmagic : calculating tax liability is easy enough
[2025-05-02 23:18:11] leBread : bmagic: To be honest, is the same formula x31 sir.
[2025-05-02 23:18:18] bmagic : yes but x31 effort
[2025-05-02 23:18:29] leBread : No! Automation is key.
[2025-05-02 23:18:33] bmagic : indeed
[2025-05-02 23:18:37] leBread : Remember Automator?
[2025-05-02 23:18:39] bmagic : automation is how you do it
[2025-05-02 23:19:00] leBread : Honestly, .,. in the end its all automaed.
[2025-05-02 23:19:07] leBread : I dont worry.,
[2025-05-02 23:19:10] bmagic : i have somewhat automation
[2025-05-02 23:19:16] bmagic : but there is still manual classification
[2025-05-02 23:19:27] bmagic : unless your country has a simplified tax system
[2025-05-02 23:19:33] bmagic : mine is not
[2025-05-02 23:19:44] leBread : The only clasicucations I do is if it is profit or non profits.
[2025-05-02 23:19:58] leBread : Then I do the addition between the two.
[2025-05-02 23:19:58] bmagic : not good enough where i live
[2025-05-02 23:20:36] leBread : I do not pay taxes where I currently live, but I want to move freely between juristications.
[2025-05-02 23:20:56] bmagic : one of my friends lives in Turkey
[2025-05-02 23:21:01] leBread : So for the trades I did before the move I actually do an average of all entries and all exits.
[2025-05-02 23:21:01] bmagic : no tax currently but that may change
[2025-05-02 23:21:49] leBread : Basically it means what I had in my account 1th January, then what I have in my account the next january.
[2025-05-02 23:22:00] leBread : Simplified.
[2025-05-02 23:22:04] bmagic : at least its simple
[2025-05-02 23:22:17] bmagic : good to hear otherwise 31 accounts wouldn't be so manageable
[2025-05-02 23:22:40] bmagic : some countries tax for greed and not for innovation.
[2025-05-02 23:22:43] leBread : If I had 100€ Y1, then at Y2 I had 80€ thats a loss of €20.
[2025-05-02 23:23:03] leBread : Calculating the value only.
[2025-05-02 23:23:10] bmagic : a lot of countries want to tax on unrealised gains
[2025-05-02 23:23:23] bmagic : thats where things get compicated
[2025-05-02 23:23:45] leBread : if I at Y1 had €100 and Y2 I had €200, that is 100¤ profits thats 30% tax of that.
[2025-05-02 23:24:14] leBread : In my original country and current country, we do not pay tax on unrealized profits.
[2025-05-02 23:24:22] leBread : Only on realized.
[2025-05-02 23:24:58] leBread : My origimaö cuntry being Sweden, my current being Kenya.
[2025-05-02 23:25:10] leBread : kittentry ? lol
[2025-05-02 23:25:24] leBread : original country
[2025-05-02 23:25:46] bmagic : automation failure
[2025-05-02 23:25:47] bmagic : lol
[2025-05-02 23:26:03] bmagic : a kittenry would be awesome though
[2025-05-02 23:26:10] leBread : lol, indeed.
[2025-05-02 23:26:13] bmagic : except i'm allergic
[2025-05-02 23:26:18] bmagic : still love those happy little bastards
[2025-05-02 23:26:58] 8-8-8 : leBread: thanks for the welcome, no such group!
[2025-05-02 23:27:07] leBread : Beauty in my juristication is that if I do not realize any profits for 50 years, i do not have to pay taxes unless i realize it.
[2025-05-02 23:27:29] leBread : 8-8-8: Please make youself known so I know who is how.
[2025-05-02 23:27:40] leBread : https://www.youtube.com/watch?v=CBcbB6kPPHQ
[2025-05-02 23:28:12] leBread : 8-8-8: I am known for having no friends.
[2025-05-02 23:28:30] bmagic : who needs friends when you have enemies
[2025-05-02 23:28:42] leBread : Enemies helps
[2025-05-02 23:29:53] 8-8-8 : leBread: ? known
[2025-05-02 23:30:52] leBread : 8-8-8: https://x.com/el_kaptein/status/1908936444443529414
[2025-05-02 23:31:14] leBread : I did call the current price action a few months ago.
[2025-05-02 23:31:43] leBread : (sorry, elChisoso did).
[2025-05-02 23:32:13] leBread : https://www.youtube.com/watch?v=GyiUgXaCp2U
[2025-05-02 23:33:10] leBread : lol 75x rekt, only up now after filing my buys?
[2025-05-02 23:33:18] leBread : lets see
[2025-05-02 23:33:52] bmagic : /position xbtusd ``` :bitmex: XBTUSD: 16,500 USD @ 96786.6822 ```
[2025-05-02 23:33:54] bmagic : /position ethusd ``` :bitmex: ETHUSD: 110 Cont @ 1845.03 ```
[2025-05-02 23:33:56] bmagic : /position solusd ``` :bitmex: SOLUSD: 1,250 Cont @ 148.23 ```
[2025-05-02 23:34:17] bmagic : might de-risk these then go to sleep
[2025-05-02 23:37:03] PeacenLuv : i figured out finally how to explain all my new munnee to my sweetest wife .
[2025-05-02 23:38:11] PeacenLuv : im going to tell her that the banksespecially my hsbc account are feeling bad about how they mistreat me and they are awardung me compensation
[2025-05-02 23:38:51] PeacenLuv : ok downhill from here to the v ricers below
[2025-05-02 23:40:11] leBread : https://www.youtube.com/watch?v=ovevdpXnm9A
[2025-05-02 23:42:42] 8-8-8 : leBread: ok, I am that one letter follower
[2025-05-02 23:45:33] leBread : 8-8-8: Cool, make yourself known.
[2025-05-02 23:46:05] 8-8-8 : leBread: by the way having no friends is not a sufficient filter nowadays...
[2025-05-02 23:46:33] leBread : 8-8-8: lol, honestly, it has made me more friends.
[2025-05-02 23:47:09] 8-8-8 : leBread: neither no friend and crypto, I think it goes hand in hand?
[2025-05-02 23:47:18] leBread : I cannot tell you how many discussions I have just opted out wearing that name.
[2025-05-02 23:48:03] 8-8-8 : leBread: sounds like a positive?
[2025-05-02 23:48:37] leBread : Indeed, i can say whatever, people just wont argute because they think I will own their butts.
[2025-05-02 23:48:55] leBread : ... or they just block me.
[2025-05-02 23:49:43] leBread : I was telling a vegan the other day that going meat only was the best thing ever without knowhing he was vegan.... BLOCK. (lol?)
[2025-05-02 23:49:51] 8-8-8 : ok, caustic style, in a crowded message box, one may find the letter that matter most!
[2025-05-02 23:50:13] leBread : 8-8-8: Now you are so cryptic, i might find interest.
[2025-05-02 23:51:26] leBread : 8-8-8: trollbox rules are important to avoid long term affilictions?
[2025-05-02 23:51:53] leBread : https://www.youtube.com/watch?v=tkCoToYwPug
[2025-05-02 23:53:08] 8-8-8 : owning to how long I have that account, I barely ever discuss here, I don't have a made system, so it is soon going to be frog time for me as well
[2025-05-02 23:54:22] leBread : 8-8-8: Rule no.1 DO NOT, ever! Listen to anyone!
[2025-05-02 23:55:05] leBread : I will talk algos and real time data ingestion with you, unless you are curious for more. But how you read that data will be completely up to yourself.
[2025-05-02 23:55:41] leBread : Numbers are the only truth that can be true to multipe parties at the same time.
[2025-05-02 23:56:02] 8-8-8 : leBread: being short 3x, for the last couple days, it is clear I do not listen...
[2025-05-02 23:56:13] 8-8-8 : .. to anyone
[2025-05-02 23:56:55] leBread : I do not blame you, we are at resisance, and there is higher probability that we go down than up. However, lack of data would make you come to that conclution.
[2025-05-02 23:57:57] leBread : For ~6 months I have had 83k-85k as a zone, and last time I was here I said its of importance.
[2025-05-02 23:58:18] leBread : People just ignored as usual and being trolls. :)
[2025-05-02 23:58:32] leBread : You know who you are, darios and other lols.
[2025-05-02 23:58:56] leBread : Bread was right, again and again.
[2025-05-02 23:59:11] leBread : https://www.youtube.com/watch?v=cYQAFtkqH34
[2025-05-02 23:59:21] leBread : that song reminds me of Dario.
[2025-05-02 23:59:29] 8-8-8 : leBread: I got a convoluted position, long speculative alt, short main token, BTC, just enjoying managing delta
[2025-05-03 00:00:31] leBread : 8-8-8: As long as you didnt go all in. Me I do market making on 21+ exchanges, market making is a totally different game.
[2025-05-03 00:01:06] leBread : It is not to many millions, but it enough to budge if I chose to close spot positions.
[2025-05-03 00:02:22] leBread : Market making is fun. And it is somewhat a guarantueed income.
[2025-05-03 00:02:58] 8-8-8 : 3x short overall for now, have you tried spreading across various alt?
[2025-05-03 00:04:11] 8-8-8 : leBread: it sure sounds fun, did you go all in a colocate servers?
[2025-05-03 00:04:48] leBread : 6 accounts is mayor in shorts, but the rest is rather neutral atm, leaning to long.
[2025-05-03 00:05:12] leBread : Meaning they are long spot, but there is no real profits (yet).
[2025-05-03 00:05:51] leBread : Bots will hedge futures against spot when insecure, and so far, they are leaning up only mode.
[2025-05-03 00:05:55] 8-8-8 : leBread: I did pure arbitrage and end up bored, I want to introduce a bit of market bias, manage some limited risk
[2025-05-03 00:06:54] thankyousomuch : unleashh the bull to 55k
[2025-05-03 00:07:16] leBread : 8-8-8: Yes, data is so important, cannot extend the importance if data. Once you have the data it is important to apply history to the data.
[2025-05-03 00:07:30] 8-8-8 : leBread: with BTC funding negative, it makes sense, I noticed it takes a huge amount of volume to bridge spot deriv spread
[2025-05-03 00:07:46] thankyousomuch : 100x short
[2025-05-03 00:08:46] leBread : 8-8-8: Funding is a narrative that is true more than often, but it is a faulty way to see price action. Short term there might be spikes in the opposite of funding rate. It is more important to see where money is moving.
[2025-05-03 00:08:51] thankyousomuch : gya yar
[2025-05-03 00:08:59] thankyousomuch : :arthur:
[2025-05-03 00:09:20] leBread : thankyousomuch: 100x toilets in flying mcdonalds?
[2025-05-03 00:09:57] 8-8-8 : leBread: I did pretty well doing yield arbitrage, no backtesting necessary, no bot, just taxing to do all manual
[2025-05-03 00:10:58] leBread : 8-8-8: One fun fact with arbitrage is to see how one exchange can cause the movements on all the others. Having bots prepared to exploit this is key.
[2025-05-03 00:11:20] thankyousomuch : 8-8-8: OUR BULLRUNSC NOT ONLY END THEY JUST EVER START
[2025-05-03 00:11:26] leBread : It also means you need to have the balances needed in all the places.
[2025-05-03 00:11:46] leBread : thankyousomuch: TOILETS ARE FLYING IN SPACE :(
[2025-05-03 00:12:48] leBread : Toilets with wings, lol.
[2025-05-03 00:13:54] 8-8-8 : leBread: balancing the accounts is the risky part, many risks associated over much shorter trading
[2025-05-03 00:15:41] leBread : 8-8-8: It is not that risky, lets say 25% is USD 25% is BTC, 50% is ready to go. If that is spread out and you sell 5 BTC on one exchange, then you buy 5 BTC on an other to a better price.
[2025-05-03 00:16:02] leBread : In the end you increased your own value with more.
[2025-05-03 00:16:17] leBread : https://www.youtube.com/watch?v=8AVcPA8Y-xg
[2025-05-03 00:17:52] 8-8-8 : leBread: short term trading is less risky than yield arbitrage, many things can go wrong, let alone transferring from one exchange to the other, managing risk, etc.
[2025-05-03 00:18:36] leBread : 8-8-8: I have positions open that is older than 7 years. :)
[2025-05-03 00:19:03] 8-8-8 : that's good, it all depends on the leverage you are using...
[2025-05-03 00:19:10] leBread : Might not be optimal, but these positions seems according to data to generate me profits soon.
[2025-05-03 00:20:07] leBread : A market maker do not use leverage, all they do is to buy the sells and to sell the buys. There is nothing more to it.
[2025-05-03 00:20:18] thankyousomuch : 1x long or 900x short same risk
[2025-05-03 00:20:33] leBread : Sometimes hedge in other markets if the delta is negative, thats it.
[2025-05-03 00:23:57] Gandalf the Grey : suka
[2025-05-03 00:24:39] PeacenLuv : Gandalf the Grey: vukin 8 8 8 talkin to himself agaun tbatz wurz phuked
[2025-05-03 00:25:09] thankyousomuch : 1 k
[2025-05-03 00:25:11] 8-8-8 : leBread: I agree, we are in a different approach, market making is not what I am trying to achieve, more interested in cross markets
[2025-05-03 00:25:49] Gandalf the Grey : PeacenLuv: wump wump
[2025-05-03 00:25:52] Gandalf the Grey : marakenaaaaa
[2025-05-03 00:25:55] Gandalf the Grey : pizddaaaaaa
[2025-05-03 00:26:06] Gandalf the Grey : it is 3.25am and I am fully ok
[2025-05-03 00:26:10] Gandalf the Grey : inshalla
[2025-05-03 00:26:24] PeacenLuv : vukin shudda banned elcheezozo l9ng ago
[2025-05-03 00:26:48] Gandalf the Grey : i ate 6 bananas yesterday
[2025-05-03 00:26:51] Gandalf the Grey : felt good
[2025-05-03 00:27:07] PeacenLuv : inshalla batman
[2025-05-03 00:27:16] Gandalf the Grey : bombaclaaaaat
[2025-05-03 00:27:22] PeacenLuv : im robing
[2025-05-03 00:27:25] Gandalf the Grey : you
[2025-05-03 00:27:46] PeacenLuv : boomchukulukahh crypto werlld
[2025-05-03 00:28:15] PeacenLuv : ya bana as gwwd agree
[2025-05-03 00:28:37] PeacenLuv : seafood n sugar n garlic
[2025-05-03 00:29:02] PeacenLuv : butrer coffee ice cream pot n booze
[2025-05-03 00:29:31] PeacenLuv : lotsa pig n eggz chickens cows n stuff
[2025-05-03 00:29:47] PeacenLuv : lil lambs legs
[2025-05-03 00:30:36] PeacenLuv : im waiting to buy more longs with profi @Gandalf the Grey rs bearz munnee
[2025-05-03 00:31:11] PeacenLuv : vukin bhitchez are in heat this spring too vukmee
[2025-05-03 00:31:30] PeacenLuv : turkz wigglers
[2025-05-03 00:31:44] PeacenLuv : wigz
[2025-05-03 00:31:56] thankyousomuch : PeacenLuv: see logers life below 100k fornext 9k years
[2025-05-03 00:31:59] leBread : 8-8-8: Cross markets? Data can be used for this as well, but you need to identify data patterns. Arbitrage is easier in that sense.,
[2025-05-03 00:32:01] thankyousomuch : longers lol
[2025-05-03 00:32:50] PeacenLuv : i prolly ended up here in tb from jackin off too much
[2025-05-03 00:35:27] 8-8-8 : leBread: most likely, spreads tend to narrow and widen slowly, there may be patterns although opportunities may ly in new issues
[2025-05-03 00:35:54] leBread : 8-8-8: spot on, bots needs to be aware of this.
[2025-05-03 00:36:24] leBread : Sometimes they stay idle for weeks, other times they work non stop.
[2025-05-03 00:36:39] 8-8-8 : leBread: gotta be going, I guess we'll run again. does ur system tell u the odds up vs. down in the next couple of days?
[2025-05-03 00:36:50] leBread : The profit window is key
[2025-05-03 00:37:10] leBread : 8-8-8: cheers dude
[2025-05-03 00:38:13] PeacenLuv : btc incoming
[2025-05-03 00:38:28] PeacenLuv : pumpage hold tight
[2025-05-03 00:38:36] 8-8-8 : leBread: it is quite possible there are better more profitable ideas than what I have in mind, a key factor remains, the motivation to try one thing vs. the other, I hope this is not the case of the bazaar talking to the cathedral!!
[2025-05-03 00:39:05] PeacenLuv : 8-8-8: great got the other half of the snake . muted . punk
[2025-05-03 00:39:34] al guul : so much wisdom!
[2025-05-03 00:40:04] PeacenLuv : freeyurselvez elvez
[2025-05-03 00:41:56] PeacenLuv : wundri fif the grey wizard here speaks enfkuish
[2025-05-03 00:42:30] PeacenLuv : english grey gandalr wand barer u speak angolo
[2025-05-03 00:42:57] leBread : 8-8-8: I just play it long long long term.