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<< >> English 中文 Русский 한국어 日本語 Español Français [2015-12-07 22:40:51] wurstgelee : weeeeeeeeeeeeeeeeeeeeeeeeeeee [2015-12-07 22:41:22] wurstgelee : history repating on more night. ;) [2015-12-07 22:41:32] wurstgelee : betweeting 22 and 23 utc [2015-12-07 22:41:39] wurstgelee : *between [2015-12-07 22:44:14] rapidtrades : finex back up [2015-12-07 22:44:29] brucegoose : 10000 here we come [2015-12-07 22:44:34] justinlooking : 5..... [2015-12-07 22:44:54] rapidtrades : guys let's DDOS the largest usd exchange so we can rallies [2015-12-07 22:44:57] rapidtrades : CHINA [2015-12-07 22:45:12] wurstgelee : china is the horse that pulls this wagon... [2015-12-07 22:46:08] habibi : rapidtrades: i sent them ping every 200ms! ur turn now! [2015-12-07 22:52:41] rapidtrades : if this is all China has we're screwed [2015-12-07 22:53:48] mwalshe99 : rapidtrades: lol this might take days to resolve i wouldn't worry to much about the minor bumps [2015-12-07 22:54:36] cekseh : We all just need to press f5 a lot on the woodchipper of houbi [2015-12-07 22:54:41] cekseh : and* [2015-12-07 22:54:42] cekseh : =D [2015-12-07 22:56:34] wurstgelee : nah, let them do their thing, we're going up ;) [2015-12-07 22:56:54] cekseh : Gotta retest 160 first [2015-12-07 22:56:56] cekseh : =) [2015-12-07 22:57:07] wurstgelee : probably [2015-12-07 22:57:30] wurstgelee : support is slowly build up tho [2015-12-07 23:00:40] micmix : we had a liquidation on 7D, I was away when it had a breakpoint in my code [2015-12-07 23:00:49] micmix : * it hit [2015-12-07 23:01:08] micmix : everything looks good, REKT bot is working [2015-12-07 23:02:08] rapidtrades : niceee [2015-12-07 23:02:50] micmix : for anyone interested it was short on XBT7D: Buy 410 @ 404.78 [2015-12-07 23:03:53] rapidtrades : sounds very interesting [2015-12-07 23:04:31] messiaen8844 : Still longing on 7D. Great scalp at neckline dip [2015-12-07 23:05:15] j8 : micmix: didn't that one fill immediately? i thought the api only exposed ones on the books [2015-12-07 23:05:52] messiaen8844 : 4h trendline still working with higher lows [2015-12-07 23:06:13] rapidtrades : are u srs [2015-12-07 23:07:27] wurstgelee : he is [2015-12-07 23:08:15] rapidtrades : guys it's fine, we've been testing support for 2 days but the 4h chart says up [2015-12-07 23:09:00] wurstgelee : short if u think otherwise [2015-12-07 23:09:08] wurstgelee : test the rekt bot ;) [2015-12-07 23:09:26] rapidtrades : :) [2015-12-07 23:09:45] mwalshe99 : shorting for the luls [2015-12-07 23:10:10] mwalshe99 : see that 1 sell? [2015-12-07 23:10:14] wurstgelee : yep [2015-12-07 23:10:20] mwalshe99 : boom and its goneee [2015-12-07 23:10:31] mwalshe99 : lets test the liq bot [2015-12-07 23:11:04] wurstgelee : selling into the books would have been a quicker rekt ;) [2015-12-07 23:11:22] rapidtrades : smone sold here? CALL COINDESK [2015-12-07 23:11:26] messiaen8844 : Lets see it testing 404 again [2015-12-07 23:11:40] rapidtrades : the only human selling here is sleger [2015-12-07 23:12:35] rapidtrades : rest is longers closing [2015-12-07 23:12:43] sleger : rapidtrades: forgot to say something, thank you for your money [2015-12-07 23:13:38] rapidtrades : I doubt u've made any money, seeing as we're $12 below the highs [2015-12-07 23:13:41] mwalshe99 : all fun and games shorting now but i wouldn't like to be in a short this time tomorrow [2015-12-07 23:13:46] rapidtrades : did u make 400 - 500 BTC? [2015-12-07 23:13:51] mwalshe99 : funny feeling flag is going to break and 440 is the next tgt [2015-12-07 23:14:00] mwalshe99 : tomorrow daytime UK [2015-12-07 23:14:23] mwalshe99 : lol my 1 contract short is in profit :/ [2015-12-07 23:14:24] wurstgelee : 440 would be a more then decent leg up [2015-12-07 23:14:47] wurstgelee : *than [2015-12-07 23:15:47] mwalshe99 : its not that much really given current volatility [2015-12-07 23:16:33] micmix : j8: that liq order was filled in 20-30 seconds, still showed up on the books for a bit. I poll every 10 seconds, too bad the liquidations are not pushed through websocket [2015-12-07 23:16:34] rapidtrades : current volatility is way below $40 [2015-12-07 23:16:59] mwalshe99 : check daily [2015-12-07 23:17:08] rapidtrades : im talking about daily [2015-12-07 23:17:09] j8 : micmix: i see, i guess it filled at a different price. they do move around [2015-12-07 23:17:20] rapidtrades : it's around $20 [2015-12-07 23:17:38] mwalshe99 : last two big daily jumps have been around 40 [2015-12-07 23:17:48] mwalshe99 : don't think 40 is that farfetched [2015-12-07 23:17:59] wurstgelee : oops [2015-12-07 23:18:26] brucegoose : i'll take that bet [2015-12-07 23:18:32] rapidtrades : let's get this over with, i need a good long sleep [2015-12-07 23:18:52] micmix : j8: yeah, I think BitMEX uses a bot to trade the liquidations [2015-12-07 23:18:59] mwalshe99 : aight changing that short to a long [2015-12-07 23:19:12] rapidtrades : the 1? [2015-12-07 23:19:15] mwalshe99 : yup [2015-12-07 23:19:23] brucegoose : BOOM [2015-12-07 23:20:27] rapidtrades : boom indeed...we're f*cked [2015-12-07 23:22:40] BitMEX_Sam : micmix: Happy to share details, what do you want to know about liquidations? [2015-12-07 23:22:44] messiaen8844 : Triangle [2015-12-07 23:22:59] BitMEX_Sam : BTW expect finex to get deweighted, seeing API errors [2015-12-07 23:24:37] micmix : BitMEX_Sam: Hi Sam! Do you move liquidation orders around? [2015-12-07 23:25:07] micmix : I noticed that the price of the liquidation order changes [2015-12-07 23:25:38] BitMEX_Sam : Yes, there is an algorithm that moves it around according to the market and how much excess margin was left when the position was taken over [2015-12-07 23:26:25] micmix : ok, that's what I thought. For the API would like two things: 1) add id of the liquidation, otherwise it's hard to say if it's a new liquidation or just change in the price [2015-12-07 23:26:29] rapidtrades : well shit... [2015-12-07 23:27:01] micmix : 2) push liquidations through websocket [2015-12-07 23:27:09] BitMEX_Sam : That's a good idea - both of them - I'll talk to Wally about it [2015-12-07 23:27:46] BitMEX_Sam : We want to add WS so they can be highlighted in the UI as well [2015-12-07 23:27:46] micmix : I wrote a bot that yells REKT in chat but it has to poll the API. I don't like polling [2015-12-07 23:27:55] BitMEX_Sam : Agreed, I dislike polling too [2015-12-07 23:28:03] BitMEX_Sam : Also... funny [2015-12-07 23:28:27] micmix : Did you remove the blink tag? [2015-12-07 23:29:25] BitMEX_Sam : Yes [2015-12-07 23:29:41] j8 : probably for the best [2015-12-07 23:29:52] micmix : yeah ok, I just thought I'm doing something wrong [2015-12-07 23:29:52] BitMEX_Sam : Aside from being obnoxious, it causes some pretty bad CPU usage on some platform/browser combinations [2015-12-07 23:29:56] BitMEX_Sam : Not worth it IMO [2015-12-07 23:30:05] micmix : agreed [2015-12-07 23:30:43] micmix : I had flashback of the 90s with all that blinking text :-) [2015-12-08 00:44:42] rapidtrades : France is reviving that virtual currency proposal [2015-12-08 00:45:19] rapidtrades : just crossed on Bloomberg, part of the crackdown on terror ''financing'' [2015-12-08 00:45:47] rapidtrades : they'll send proposal to EU finance ministers next wekk [2015-12-08 00:51:59] gartan : hi im new here, does the UI tell me anywhere how many contracts i can currently open? [2015-12-08 00:54:52] messiaen8844 : micmix: nice ;) [2015-12-08 00:56:56] messiaen8844 : gartan: read the reference on isolated VS cross margin, adding marting (for isolated), liquidation vs Mark prices. and play with very very contracts so you can learn it [2015-12-08 00:57:42] micmix : gartan: when you enter some quantity in order controls, you will see available funds and buy cost. you can buy up to the point when buy cost gets higher than available funds [2015-12-08 00:58:16] micmix : gartan: doesn't mean you should use all your available funds of course :-) [2015-12-08 00:58:45] gartan : ok the order value field confused me [2015-12-08 00:58:46] gartan : thanks [2015-12-08 00:58:52] messiaen8844 : yeah, remember blowing up an account to 0 is very easy with high leverage [2015-12-08 01:00:30] micmix : gartan: order value is how much your order size is in bitcoins instead of contacts. if you are selling look at sell cost instead of buy cost [2015-12-08 01:00:47] micmix : * contracts, not contacts [2015-12-08 01:01:08] brucegoose : did i pick the most boring week to start trading or what? [2015-12-08 01:01:37] micmix : it's only Monday, give it a few days :-) [2015-12-08 01:01:55] brucegoose : let's hope so... [2015-12-08 01:04:11] brucegoose : this place is great though. all seriousness, thanks everyoe [2015-12-08 01:04:30] rapidtrades : get f*cked [2015-12-08 01:04:41] ethexio : Oh you.. [2015-12-08 01:04:57] ethexio : We're a happy family [2015-12-08 01:05:12] sleger : rapidtrades is gonna be banned soon, please ignore him [2015-12-08 01:05:48] ethexio : Rapidtrades will be rekt soon [2015-12-08 01:06:09] rapidtrades : sleger: get a sense of humor geezer [2015-12-08 01:06:49] rapidtrades : why don't u buy 400-500 btc to make u feel better [2015-12-08 01:08:39] sleger : i have a sense of humour but you are never funny, sorry for you [2015-12-08 01:10:01] rapidtrades : sleger: that's exactly what ppl with 0 sense of humor say [2015-12-08 01:10:35] sleger : awesome. Werent you going to bed soon, please hurry [2015-12-08 01:11:38] rapidtrades : lol wat...I never said that [2015-12-08 01:11:41] messiaen8844 : I'm going to bed, this triangle won't break within a few hours [2015-12-08 01:12:54] rapidtrades : how do u know [2015-12-08 01:15:30] messiaen8844 : usually they don't, that's my scenario: https://www.tradingview.com/x/vgapHLkQ/ [2015-12-08 01:17:50] rapidtrades : China's up [2015-12-08 01:19:07] rapidtrades : I mean awake, not buying [2015-12-08 01:19:23] messiaen8844 : red line misplaced, should be at 2560, which is neckline for daily reversal [2015-12-08 01:21:35] rapidtrades : okay [2015-12-08 01:22:08] rapidtrades : price action is bearish but trend up...so could break either way [2015-12-08 01:23:00] sleger : invaluable info as usual [2015-12-08 01:23:38] sleger : price will either go up or down [2015-12-08 01:24:25] rapidtrades : yep...we're stayed here for almost 2 days now, so that's not a bad call...if I had to pick one it would be down [2015-12-08 01:25:23] messiaen8844 : as usual ;) [2015-12-08 01:26:29] messiaen8844 : but the theory says that triangle breaks usually will follow the last direction, which is up. so I think odds are better up [2015-12-08 01:28:16] messiaen8844 : you can try to guess reversals, but it's way harder than simply following the trend until it changes [2015-12-08 01:33:53] messiaen8844 : @rapidtrades: http://www.investopedia.com/articles/technical/03/091003.asp read symmetrical triangle patterns [2015-12-08 01:35:05] messiaen8844 : you can look at historical BTC data, chart all triangles and check if that holds true [2015-12-08 01:44:23] brucegoose : i guess we'll find out. no way would i be buying the highs for the day, week, month, or year though... [2015-12-08 01:45:37] brucegoose : but I'm also in the minority that thinks "to the moon" is a joke [2015-12-08 01:46:18] messiaen8844 : you gotta put moon in context [2015-12-08 01:46:34] messiaen8844 : $20 dollars up with good leverage is enough moon sometimes ;) [2015-12-08 01:46:51] brucegoose : when you're right, you're right :) [2015-12-08 01:46:53] j8 : i thought the moon was supposed to be far enough away that there's no context [2015-12-08 01:49:12] j8 : like orders of magnitude.. but yeah it's lost its meaning from overuse [2015-12-08 01:49:36] rapidtrades : new moon $410 [2015-12-08 01:49:40] messiaen8844 : well, ATH would be a first moon target, [2015-12-08 01:50:54] messiaen8844 : I think we are in early bull market still [2015-12-08 01:52:40] brucegoose : haha. yeah i guess it's too bad we can't get January 2017 calls yet [2015-12-08 01:52:43] j8 : i'm still a bit shocked that we're above 300, nevermind almost 400 [2015-12-08 01:53:37] j8 : the 1d, 3d and 1w charts are ridiculous [2015-12-08 01:55:37] brucegoose : it is interesting that the last few years we've gotten wicked selloffs in the fall but this year we're off to the races...maybe time for a reality check [2015-12-08 01:56:31] brucegoose : *fall as in last month of the year ;) [2015-12-08 01:57:34] podizzler3k : 2013 was a wicked selloff to 1200? [2015-12-08 01:58:15] brucegoose : apparently you missed the 50% pullback [2015-12-08 01:58:25] brucegoose : and the 40% pullback last year [2015-12-08 01:59:18] podizzler3k : so 500 to 300 wasnt good enough for you? [2015-12-08 01:59:18] j8 : yup so far november is good, december / january not so much [2015-12-08 01:59:29] podizzler3k : id call that pretty wicked [2015-12-08 01:59:35] messiaen8844 : bruce: read about GBTC trading [2015-12-08 01:59:51] podizzler3k : GBTC volume isnt really that high if you add it up [2015-12-08 01:59:56] messiaen8844 : premium is a positive sign they will HODL [2015-12-08 02:00:12] brucegoose : thanks, appreciate the info. i'm here to learn [2015-12-08 02:00:31] messiaen8844 : also, by now the bearwhales have accumulated so many coins that now they will be enjoyting the pumps [2015-12-08 02:01:02] podizzler3k : yes i agree the premium is impressive but i'd chalk that up more to being the only option [2015-12-08 02:01:51] podizzler3k : once the winkyfund is open i imagine that would even out [2015-12-08 02:01:54] podizzler3k : if it ever opens [2015-12-08 02:02:04] podizzler3k : those guys seem cursed [2015-12-08 02:02:21] messiaen8844 : besides harvard, they don't seem ultra smart [2015-12-08 02:02:38] messiaen8844 : *despite [2015-12-08 02:02:46] messiaen8844 : they don't talk well in public [2015-12-08 02:02:54] brucegoose : well someone dumped at the highs in 2013-14....i'm guessing they're not that dumb [2015-12-08 02:03:59] messiaen8844 : i can't deny buying so many BTC was a smart move by them, but I just with they were more prepared [2015-12-08 02:04:21] messiaen8844 : if only they could talk as eloquently as makropoulos [2015-12-08 02:05:32] podizzler3k : Bitcoin Magazine @BitcoinMagazine 1m1 minute ago [2015-12-08 02:05:32] podizzler3k : BREAKING: SEC Approves @Overstock S-3 Filing to Issue Shares Using #Bitcoin #Blockchain http://btcm.ag/oco [2015-12-08 02:05:40] podizzler3k : LAUNCH IN 5.....4........... [2015-12-08 02:05:42] podizzler3k : ;) [2015-12-08 02:06:02] podizzler3k : beep beep beep BREAKING bitcoin news haha [2015-12-08 02:06:22] messiaen8844 : well, many great news on bitcoin this week [2015-12-08 02:18:35] messiaen8844 : nice poddizzler [2015-12-08 02:19:04] messiaen8844 : I would tip if someone made an IRC bot to warn about new articles on important news sites [2015-12-08 02:30:38] micmix : okc top traders continue to increase their positions. total is up to almost 150k from 100k 3 days ago [2015-12-08 02:33:59] micmix : they are increasing their positions faster than everyone else: top 50% increase vs. 15% total open contracts increase in the same time frame [2015-12-08 03:09:06] laisee : micmix: > concentration can be positive or negative signal, no? [2015-12-08 03:26:01] micmix : laisee: suggests increased volatility in the near future, likely breakout from the current range. doesn't say anything about up/down direction [2015-12-08 03:30:05] podizzler3k : sounds like the HK conference reached a consensus on scaling [2015-12-08 03:30:11] podizzler3k : if you think that might make a difference [2015-12-08 03:30:19] podizzler3k : 'segregated witness' [2015-12-08 03:30:22] podizzler3k : whatever that is [2015-12-08 03:30:36] podizzler3k : the good news continues [2015-12-08 03:30:58] podizzler3k : beep beep beep this has been Bitcoin Breaking News... now back to your regularly scheduled trolling [2015-12-08 03:32:57] micmix : 'segregated witness' in simplified layman terms is keeping transaction signatures separate from the rest of the transaction [2015-12-08 03:33:57] micmix : that allows to transfer and store them separately, and the blocks without signatures are much smaller [2015-12-08 03:34:45] micmix : full nodes that verify all transaction will still receive and both transaction itself and signatures to perform verification [2015-12-08 03:35:01] micmix : * receive and process [2015-12-08 03:35:58] micmix : but signatures from old blocks can be discarded to safe space [2015-12-08 03:37:04] micmix : it gets more complicated but that's the gist of it [2015-12-08 03:38:40] podizzler3k : like i said [2015-12-08 03:38:42] podizzler3k : whatever that is [2015-12-08 03:43:56] micmix : you don't need to know any of that, just buy the dips and make money :-) [2015-12-08 03:55:05] ethexio : Ok let's do it. [2015-12-08 03:58:06] podizzler3k : micmix what about panic sell during every dump, fomo buy every time it hits 2600 [2015-12-08 03:58:10] podizzler3k : is that a good strategy? [2015-12-08 04:08:08] ethexio : Best strategy is to ask cat. 90% success rate [2015-12-08 04:22:47] laisee : pod> if you are bullish on BTC then keep long position at low leverage, take profit & reload on dumps. [2015-12-08 04:25:20] laisee : a.k.a. BiLoSellHi [2015-12-08 04:43:22] micmix : as long as you hit my MM's bids/asks any strategy is good strategy in my books :-) [2015-12-08 05:13:06] j8 : i guess the okc march contract will launch this friday. should make for an interesting weekend [2015-12-08 05:15:03] micmix : yeah, would be interesting to see what premium ppl are willing to pay for it [2015-12-08 05:17:33] j8 : i think there will be huge demand for longs there. [2015-12-08 05:19:53] j8 : but that also makes me think a spike down around settlement would help the big guys get in cheap [2015-12-08 05:46:08] zanza : is that new j8? [2015-12-08 05:46:30] zanza : oh its jut the quartleryl [2015-12-08 05:58:47] j8 : zanza: yeah, because the dec 25 contract will be the next week contract [2015-12-08 06:03:47] micmix : <b>REKT</b> Liquidated long on XBT24H: Sell 8100 @ 393.30 [2015-12-08 06:03:47] micmix : <b>REKT</b> Liquidated long on XBT24H: Sell 2669 @ 393.17 [2015-12-08 06:03:57] micmix : <b>REKT</b> Liquidated long on XBT7D: Sell 981 @ 397.31 [2015-12-08 06:04:17] micmix : <b>REKT</b> Liquidated long on XBT24H: Sell 2549 @ 390.49 [2015-12-08 06:04:27] micmix : <b>REKT</b> Liquidated long on XBT24H: Sell 2549 @ 390.51 [2015-12-08 06:04:48] ethexio : wut [2015-12-08 06:07:17] micmix : <b>REKT</b> Liquidated long on XBT7D: Sell 1 @ 395.52 [2015-12-08 06:07:40] podizzler3k : nice [2015-12-08 06:07:42] podizzler3k : wow already [2015-12-08 06:07:43] podizzler3k : ? [2015-12-08 06:07:47] zanza : is that a bot? [2015-12-08 06:07:53] zanza : liquidation bot [2015-12-08 06:07:57] micmix : <b>REKT</b> Liquidated long on XBT24H: Sell 995 @ 390.50 [2015-12-08 06:07:57] podizzler3k : lol [2015-12-08 06:08:17] micmix : <b>REKT</b> Liquidated long on XBT24H: Sell 5000 @ 390.12 [2015-12-08 06:09:08] zanza : is that a liquidation announcement bot? [2015-12-08 06:09:14] podizzler3k : yes [2015-12-08 06:10:38] ethexio : is good [2015-12-08 06:10:39] podizzler3k : unless micmix is furiously pasting these [2015-12-08 06:10:45] podizzler3k : yeah epic [2015-12-08 06:11:01] podizzler3k : btw a dump to 360 on futures would rekt all the new contracts form today [2015-12-08 06:11:03] podizzler3k : and boy were there a lot [2015-12-08 06:11:09] podizzler3k : okcoin that is [2015-12-08 06:11:09] ethexio : <b><3</b> [2015-12-08 06:15:34] laisee : micmix: is showing his trading results on chat [2015-12-08 06:18:14] podizzler3k : lol [2015-12-08 06:19:05] podizzler3k : someone got liquidated at 397.31 [2015-12-08 06:19:08] podizzler3k : thats tough to do [2015-12-08 06:36:16] 24hourz : For a second I thought micmix was really announcing his own losses. I was like dude that's not how you should be trading haha [2015-12-08 06:43:58] zanza : micmix should filter for like 4000 minimum [2015-12-08 06:44:07] zanza : or some threshold [2015-12-08 06:44:24] laisee : micmix> is the code for writing to IRC? I had built something similar for writing to twitter account. [2015-12-08 06:51:18] podizzler3k : <+BitMEX_Chat> (micmix): <b>REKT</b> Liquidated long on XBT7D: Sell 1 @ 395.52 [2015-12-08 06:51:22] podizzler3k : that guy got rekt hard [2015-12-08 06:59:02] micmix : laisee: the bot is using the API to post chat messages [2015-12-08 07:02:08] micmix : The bot will work better when BitMEX guys add id to liquidations. I'm pretty sure couple of those announcements were for the same liquidation, just price changed a bit [2015-12-08 07:20:27] rapidtrades : que? [2015-12-08 07:24:54] laisee : micmix> ah yes, forgot they have api for everything. [2015-12-08 07:48:23] podizzler3k : https://ton.twitter.com/1.1/ton/data/dm/674133240895049732/674133241255755776/HoLy5dsi.jpg:large [2015-12-08 07:58:15] rapidtrades : que? [2015-12-08 08:08:33] rapidtrades : EU NATIONS AGREE ON A NEW CYBER SECURITY LAW [2015-12-08 08:08:36] rapidtrades : reuters [2015-12-08 08:09:46] podizzler3k : -_- [2015-12-08 08:09:50] podizzler3k : thrilling [2015-12-08 08:11:01] rapidtrades : yea it's gonna be thrilling once they dump on yo ass [2015-12-08 08:11:21] podizzler3k : and who is they [2015-12-08 08:11:29] podizzler3k : china? [2015-12-08 08:11:35] podizzler3k : are they going to dump because of eu law? [2015-12-08 08:12:20] rapidtrades : ofc it already happened once...short memoreh? [2015-12-08 08:12:41] podizzler3k : did you actually read the article? [2015-12-08 08:12:45] rapidtrades : anyway not sure it includes virtual currencies provision but that's another thing they're working on [2015-12-08 08:12:56] rapidtrades : IT'S PART OF THE SAME DRIVE FFS [2015-12-08 08:13:01] rapidtrades : read between the lines [2015-12-08 08:13:12] podizzler3k : and time is part of the drive that will put you in a box [2015-12-08 08:13:19] podizzler3k : also has nothing to do with that article [2015-12-08 08:13:43] rapidtrades : it's all part of the measures post-Paris [2015-12-08 08:14:10] podizzler3k : i know what youre getting at but dont you think if they were going to act on bitcoin it would be included in this new sweeping cyber law [2015-12-08 08:14:13] rapidtrades : I posted yday that they're working on financing crackdown as well [2015-12-08 08:14:32] rapidtrades : it will include VCs, reported by bloomberg [2015-12-08 08:14:40] rapidtrades : proposal will be this week [2015-12-08 08:15:34] rapidtrades : http://www.bloomberg.com/news/articles/2015-12-07/french-urge-eu-to-toughen-rules-in-fight-against-terror-finance [2015-12-08 08:16:37] wurstgelee : oh. they urge them! [2015-12-08 08:16:39] wurstgelee : oO [2015-12-08 08:17:13] podizzler3k : i never underestimate the big governments to shit on our freedom [2015-12-08 08:17:17] rapidtrades : well if they could push this cyberlaw through, finance is the easy part [2015-12-08 08:17:17] podizzler3k : not in todays world [2015-12-08 08:17:32] rapidtrades : there is never a backlash when they crack down on finance [2015-12-08 08:17:36] podizzler3k : never let a good crisis go to waste [2015-12-08 08:17:40] podizzler3k : especially one you fabricated [2015-12-08 08:18:17] rapidtrades : it's not final yet but this is a risk to watch imo [2015-12-08 08:18:51] rapidtrades : if the UK opts out it will have little impact, cos let's face it, Europe is poor [2015-12-08 08:20:30] wurstgelee : southern europe is [2015-12-08 08:21:53] rapidtrades : eastern too..only the core is rich and they're not into bitcoin as much as US/China [2015-12-08 08:47:19] wurstgelee : choo choo [2015-12-08 09:04:13] TschavaTschigger : "Europe is poor" lmao [2015-12-08 09:06:32] podizzler3k : if europe is poor what is africa [2015-12-08 09:07:58] TschavaTschigger : if Europe is poor what is America [2015-12-08 09:08:53] wurstgelee : rapidtrades: u short? [2015-12-08 09:19:53] podizzler3k : i dont think rapidtrades actually trades [2015-12-08 09:20:10] podizzler3k : he just tries to pick up the loose change by hedging 24hr with 7d [2015-12-08 09:20:17] podizzler3k : which is ok if thats what youre into [2015-12-08 09:20:27] podizzler3k : thats why hes always bitching about premiums [2015-12-08 09:29:08] HotDogs : SEC approved overstock.com issuing securities using the bitocin blockchain [2015-12-08 09:29:20] rapidtrades : noone cares [2015-12-08 09:29:52] HotDogs : someone is cranky do u need to wank a bit? [2015-12-08 09:30:12] rapidtrades : yea send ur mum [2015-12-08 09:30:34] HotDogs : She doesn't own a microscope [2015-12-08 09:46:16] wurstgelee : HotDogs: u win [2015-12-08 09:46:18] wurstgelee : =) [2015-12-08 10:26:03] TschavaTschigger : micmix: whats ur 24h volume? [2015-12-08 10:41:24] micmix : <b>REKT</b> Liquidated short on XBT24H: Buy 351 @ 397.72 [2015-12-08 10:42:34] micmix : <b>REKT</b> Liquidated short on XBT7D: Buy 356 @ 406.02 [2015-12-08 10:42:49] habibi : lelel [2015-12-08 10:42:55] habibi : its real ones :D? [2015-12-08 10:43:19] habibi : 356 contracts? looks like rapid got wiped out [2015-12-08 11:06:55] limsta08 : just like yesterday, someone wants to pump Bitfinex before 24H expiry. [2015-12-08 11:14:58] habibi : limsta08: for sure ! :D [2015-12-08 11:25:16] macios15 : im back [2015-12-08 11:25:30] podizzler3000 : MM bots must have cleaned up today with that chop [2015-12-08 11:26:31] podizzler3000 : one more push for the bulls! come on china! [2015-12-08 11:26:36] justinlooking : how's that launch calendar going? [2015-12-08 11:26:47] justinlooking : s/calendar/countdown [2015-12-08 11:26:49] podizzler3000 : haha its inclement weather for the last 3 days [2015-12-08 11:27:21] podizzler3000 : lots of postponements for astronaut safety [2015-12-08 11:30:10] justinlooking : those pesky clouds [2015-12-08 11:42:14] haxmb : admin around? :) [2015-12-08 11:50:10] limsta08 : why someone buying at 399? [2015-12-08 11:50:16] limsta08 : I dont understand. [2015-12-08 11:50:56] habibi : someone new probalyl [2015-12-08 11:51:26] habibi : micmix: take away that 100k contracts sell :p [2015-12-08 11:52:44] habibi : lel somebody bought it [2015-12-08 11:52:55] justinlooking : it's sleger, he's on tilt [2015-12-08 11:58:29] habibi : free 0.3 btc [2015-12-08 11:59:52] habibi : http://scr.hu/9xvi/6sf7q [2015-12-08 12:03:31] rapidtrades : noone's gonna buy at that premium u stupid botss [2015-12-08 12:14:20] rapidtrades : not a single bid around settlement price, nice work [2015-12-08 12:15:27] habibi : basically someone bought 57k contracts in last 10 minutes before settlement above 1$ of the settlement price [2015-12-08 12:15:51] rapidtrades : I missed that...would've tried to get in [2015-12-08 12:15:53] habibi : estimated loose 0.6btc plus fees [2015-12-08 12:16:29] rapidtrades : with the market flat, that was a dumb move [2015-12-08 12:17:16] habibi : and fees are around both taker and settlemetn around 0.338 btc [2015-12-08 12:17:19] habibi : so 1 btc gone [2015-12-08 12:17:44] rapidtrades : he was prolly closing shorts [2015-12-08 12:17:57] habibi : why on the market, why above settlement price [2015-12-08 12:18:08] rapidtrades : cos he's dumb [2015-12-08 12:18:32] rapidtrades : bitcoin traders are not the sharpest tool in the nox [2015-12-08 12:18:36] rapidtrades : *box [2015-12-08 12:18:54] habibi : and why i took only 0.3 of that, should have placed 100k sell in front [2015-12-08 12:19:11] rapidtrades : nah, keep ur risk within ur limits [2015-12-08 12:19:31] habibi : i think there is not much risk in changinh settlement price so fast in last 10 minute [2015-12-08 12:19:33] habibi : s [2015-12-08 12:20:07] rapidtrades : there's always risk....I would've used the same size as always [2015-12-08 12:21:18] habibi : xbt 24 uses 30 minute swap [2015-12-08 12:21:53] habibi : twap* so the last would need to change like above 400 probally to change price more than 1$ [2015-12-08 12:22:03] habibi : or even more, need to check it and do the math [2015-12-08 12:23:22] rapidtrades : well around $2-$3 if there's 10 minutes left [2015-12-08 12:24:26] rapidtrades : no buys in 23 mins...keep those bids a premium [2015-12-08 12:25:01] rapidtrades : it will be so satisfying to see the bots loaded with longs as we dump... [2015-12-08 12:28:35] podizzler3k : rapidtrades setting us up for more comic relief [2015-12-08 12:32:09] laisee : rapid> u don't hav e any bot friends? whats with the hate. [2015-12-08 12:33:06] laisee : ... study them and find their patterns, then write some code and ... profit :-) [2015-12-08 12:36:09] rapidtrades : problem is, the only way to profit is to short here and try to hedge elsewhere [2015-12-08 12:36:16] rapidtrades : BUT [2015-12-08 12:36:28] rapidtrades : the calc keeps changing so where do u buy? [2015-12-08 12:36:45] sleger : megaLOL [2015-12-08 12:36:51] rapidtrades : also u get less when shorting here [2015-12-08 12:36:58] podizzler3k : the only way to profit really? [2015-12-08 12:37:03] rapidtrades : like this idiot here @sleger [2015-12-08 12:37:13] podizzler3k : so trading with the trend its impossible to profit? [2015-12-08 12:37:20] podizzler3k : i guess that 38% i made last week was an illusion [2015-12-08 12:37:36] rapidtrades : follow the convo [2015-12-08 12:37:40] rapidtrades : podzy [2015-12-08 12:37:46] podizzler3k : [07:36] <+BitMEX_Chat> (rapidtrades): problem is, the only way to profit is to short here and try to hedge elsewhere [2015-12-08 12:38:11] sleger : rapidtrades math skills are only equalled by his humorous skills [2015-12-08 12:38:11] podizzler3k : im commenting on that [2015-12-08 12:38:34] podizzler3k : i think what you meant to say is the only way to RISK FREE profit [2015-12-08 12:38:36] sleger : podizzler3k: +1 I would have said the same but I knew he would not understand [2015-12-08 12:38:50] sleger : ;];][]'\ [2015-12-08 12:38:51] sleger : \ [2015-12-08 12:38:56] Rasign : Go long guys [2015-12-08 12:39:02] sleger : sorry, was cleaning my keyboard [2015-12-08 12:39:06] podizzler3k : rasign will do [2015-12-08 12:39:14] sleger : oh it said something smarter than whatever rapidtrades ever said lol [2015-12-08 12:39:15] podizzler3k : but down worry i always have more cash for th edips [2015-12-08 12:39:30] podizzler3k : dip it down to $360 i'll be there waiting [2015-12-08 12:39:43] podizzler3k : dip it under $300 i might have an issue [2015-12-08 12:40:15] laisee : was buying @ bfx back when price dipped below 200 ... always good to be ready. [2015-12-08 12:41:36] laisee : rapid> read Bitmex latest newsletter for easy way to trade & make money, all right here. [2015-12-08 12:42:43] sleger : he only uses 10 days or so of historical data [2015-12-08 12:43:04] sleger : if you try that while the market dips this strat would lose a lot [2015-12-08 12:44:29] laisee : I guess worth checking numbers for another period or longer duration. but it does seem an easy way to extract value from traders bidding up premium on 24H [2015-12-08 12:47:30] podizzler3k : does that involve buying all the 7d at the beginning of the week or every day when the 24hr rolls over [2015-12-08 12:47:34] laisee : similar to on/off the run bond trading [2015-12-08 12:47:35] podizzler3k : i would imagine every day [2015-12-08 12:48:40] sleger : podizzler3k: read again [2015-12-08 12:48:50] laisee : on listing day [2015-12-08 13:00:08] rapidtrades : read the newsletter, thats' interesting but not sure if it works long-term [2015-12-08 13:00:55] rapidtrades : if we crash, we'll lost that weekly premium instantly [2015-12-08 13:01:29] rapidtrades : it''s $6 dollars now to market buy on weekly [2015-12-08 13:02:04] laisee : might be why it suggest using a six hour period in which to buy "cheapest" 7D? [2015-12-08 13:02:25] rapidtrades : and daily premium only $1...so 1 loss would kill 6 winning days [2015-12-08 13:02:47] rapidtrades : plus u have the drag from decreasing premium on weekly [2015-12-08 13:03:11] rapidtrades : 1 large down day will mess up a whole week [2015-12-08 13:04:42] sleger : wow, I never thought I would say that, but yes that's correct, I laughed when I saw this strategy [2015-12-08 13:06:14] rapidtrades : I wouldn't go as far to say it's laughable but it definitely needs more testing [2015-12-08 13:07:28] rapidtrades : also some days, although rare, there's no premium ...and u have to pay market fees if u want to get hedged asap...that's 48 cents so u lose almost $1 on fees alone [2015-12-08 13:09:01] habibi : do u get ur daily withdraws already? [2015-12-08 13:13:05] habibi : yep fees are pretty hard killing any low moves scalping on the markets [2015-12-08 13:20:57] podizzler3k : buy <2570 sell >2600 [2015-12-08 13:21:02] podizzler3k : thats the range [2015-12-08 13:21:06] podizzler3k : until its not ;) [2015-12-08 13:47:48] j8 : i've done quite a bit of this buying the weekly selling the daily strategy.. the way i look at it is, if you do this now you're buying the weekly tomorrow at a cheaper premium [2015-12-08 13:56:25] j8 : since `XBT24H` launched, it's been pretty fool proof, but it's a bull market strategy imo [2015-12-08 14:07:40] podizzler3k : this look like a descending flag or a pennant to you guys [2015-12-08 14:08:17] podizzler3k : either way seems to be closing up [2015-12-08 14:12:05] wurstgelee : yep, pennant [2015-12-08 14:20:47] podizzler3k : ... [2015-12-08 14:20:54] wurstgelee : ...? [2015-12-08 14:21:16] podizzler3k : im trading these 1cny swings [2015-12-08 14:21:20] wurstgelee : haha [2015-12-08 14:21:32] wurstgelee : dont you get chopped into pieces? [2015-12-08 14:21:51] podizzler3k : how the fuck can there be 10,000btc volume and the price is moving 1cny [2015-12-08 14:22:12] podizzler3k : huobi bots be trippin [2015-12-08 14:22:56] wurstgelee : i dont touch this chop job [2015-12-08 14:34:32] wurstgelee : hu0bi isnt allowed to dump [2015-12-08 14:37:14] podizzler3k : they've never been good at dumping anyway, pumping is their thing [2015-12-08 14:37:17] podizzler3k : okcoin are the dump masters [2015-12-08 15:13:34] brucegoose : is today the day we've all been waiting for? [2015-12-08 15:17:51] brucegoose : seems the steam is running out in China [2015-12-08 15:22:34] BitMEX_Sam : We'll see [2015-12-08 15:23:25] TschavaTschigger : BitMEX_Sam: hey sam is the bots # in the trollbox correct? 130 seems quite a lot [2015-12-08 15:23:50] TschavaTschigger : I remember we had 30 like three weks ago [2015-12-08 15:23:53] BitMEX_Sam : Yes, but it's counting non-trading accounts that are just connected to the API [2015-12-08 15:23:55] podizzler3k : the day youve been waiting for maybe bruce [2015-12-08 15:24:06] BitMEX_Sam : TschavaTschigger: The count was wrong then, we had one server that wasn't contributing [2015-12-08 15:24:10] podizzler3k : you bubble buzzkill [2015-12-08 15:24:18] TschavaTschigger : ah ok this makes sense. [2015-12-08 15:28:36] podizzler3k : looks like btc headed for $398 permanent price [2015-12-08 15:28:39] podizzler3k : shut down the exchanges [2015-12-08 15:28:40] lockhedge : interesting new "market manipulation" definition in France, this is actually a common form of arb trading https://twitter.com/RobotFinance/status/674216621091766272 [2015-12-08 15:29:03] podizzler3k : soon everything will be illegal in france [2015-12-08 15:29:14] podizzler3k : encryption, decryption, file searches [2015-12-08 15:29:23] podizzler3k : only thing that will be legal is biometric ids [2015-12-08 15:29:43] podizzler3k : same thing happened in usa post 9/11 [2015-12-08 15:29:46] podizzler3k : patriot act [2015-12-08 15:31:31] lockhedge : it's definitely some form of fake/phantom liquidity, should not be subsidized by trader's fees imho [2015-12-08 15:33:32] lockhedge : but it creates quite a lot of regulatory uncertainty if you don't know which strategy will be considered "market manipulation" [2015-12-08 15:33:43] BitMEX_Sam : Sounds pretty close to spoofing though [2015-12-08 15:34:08] BitMEX_Sam : But if you're just trying to get the best price, nothing shady about doing that on multiple exchanges [2015-12-08 15:34:42] BitMEX_Sam : If you haven't seen http://www.bloomberg.com/graphics/2015-spoofing/ yet I highly recommend it [2015-12-08 15:34:50] BitMEX_Sam : The JS guys at bloomberg are knocking it out of the park [2015-12-08 15:37:11] lockhedge : nice visualization, thanks didn't know it [2015-12-08 15:37:29] podizzler3k : setting my bitcoin checker app to +/- 1cny that way i know when a big move happens [2015-12-08 15:39:07] laisee : nice visuals [2015-12-08 15:40:17] laisee : cynical me says it's market manipulation when a big bank or fund loses money. [2015-12-08 15:42:06] BitMEX_Sam : Aha it seems that way, doesn't it. Bernie Madoff syndrome [2015-12-08 15:43:27] TschavaTschigger : very cool link sam. I didn't even know that spoofing is illegal. I mean, htf trading in general is just placing orders that are never intented to execute (in fact, canceled immediately), and this is legal too [2015-12-08 15:43:54] BitMEX_Sam : Depends on the (perceived) intent and the rules of the market [2015-12-08 15:44:52] messiaen8844 : still inside the triangle [2015-12-08 15:44:59] messiaen8844 : https://www.tradingview.com/x/SnbSEbyq/ [2015-12-08 15:45:54] lockhedge : you actually have to see the code of the algo to separate spoofing from normal mm or arb strategies, that's what the CFTC proposed for the U.S.: HFT firms have to open their source code [2015-12-08 15:48:50] lockhedge : on a micro market structure level, the exchange can sanction spoofing, but you couldn't detect it when it involves multiple passive orders at several exchanges that get cancelled after one gets filled [2015-12-08 15:50:27] podizzler3k : whoever made that bloomberg site is pretty good [2015-12-08 15:50:40] BitMEX_Sam : Yeah, they've been sharing the code to a lot of their charting libs [2015-12-08 15:50:49] BitMEX_Sam : Some day I'd love to do some of those same visualizations here [2015-12-08 16:09:30] TschavaTschigger : BitMEX_Sam: would spoofing violate the ToS on bitmex? :D not that I think it would work here, just curious [2015-12-08 16:09:51] BitMEX_Sam : It'd be difficult to do with the ratelimits, which effectively stop that sort of practice [2015-12-08 16:11:23] BitMEX_Sam : Spoofing isn't specifically mentioned in the ToS but it generally would be considered an abuse [2015-12-08 16:12:05] TschavaTschigger : ok thanks... *deleting some lines in code* [2015-12-08 16:19:03] lockhedge : spoofing seems to be one of Virtu's main strategy, one of the largest market maker firms globally. will be interesting to observe how/if exchanges tighten rules now. [2015-12-08 16:20:16] TschavaTschigger : lockhedge: btw, I asked this yesterday in trollbox but you weren't here.. you know anyone in cryptocurrency trading field that uses machine learning algos? [2015-12-08 16:23:10] lockhedge : TschavaTschigger: i am only playing around with some learning algos, had a hackathon in Linz with a machine learning Ph.D. student there who has some ideas, some weeks ago [2015-12-08 16:23:41] lockhedge : TschavaTschigger: maybe https://twitter.com/IamNomad could help you [2015-12-08 16:26:26] lockhedge : TschavaTschigger: for market making it's imho essential to not learn too much (better stay a blindfolded monkey), it's the most important thing to not assume that you can predict the future based on past events [2015-12-08 16:27:14] rapidtrades : :( [2015-12-08 16:28:56] rapidtrades : chop-chop time! [2015-12-08 16:29:46] rapidtrades : guys we went up 70 cents, lets bid up prices $2 :bitmex traders [2015-12-08 16:32:45] messiaen8844 : are you shorting? [2015-12-08 16:33:40] rapidtrades : thinking bout it [2015-12-08 16:34:21] lockhedge : 94,5% long on finex https://bfxdata.com/sentiment/longshort [2015-12-08 16:34:32] rapidtrades : hahahaha that's hilarious [2015-12-08 16:35:55] lockhedge : 93,8% so people are already starting to short ;) [2015-12-08 16:36:09] rapidtrades : :) [2015-12-08 16:36:36] lockhedge : mhh, 91,6% [2015-12-08 16:56:32] rapidtrades : GUYS NOTHING IS GOING ON [2015-12-08 16:56:46] User__1 : is this bitmex? [2015-12-08 16:57:09] rapidtrades : no [2015-12-08 16:57:23] User__1 : nice try rapidtrades, was joke i got you [2015-12-08 16:58:47] messiaen8844 : same triangle is ongoing, rapid [2015-12-08 16:58:49] messiaen8844 : sit and wait ;) [2015-12-08 17:02:38] messiaen8844 : set your alarms [2015-12-08 17:15:39] rapidtrades : and how do i do that [2015-12-08 17:19:52] rapidtrades : so there's no OCO order here? I can't set a TP and SL on the same order [2015-12-08 17:20:58] justinlooking : not yet, but iirc is on todo list [2015-12-08 17:21:13] rapidtrades : that's annoying [2015-12-08 17:21:50] justinlooking : i thought u were mt4 user anyway? surely it supports them from client side [2015-12-08 17:22:11] rapidtrades : can i use mt4 with bitmex? [2015-12-08 17:22:48] justinlooking : don't know - thought u were arleady [2015-12-08 17:23:03] rapidtrades : no..i have btce mt4 [2015-12-08 17:23:09] rapidtrades : for charting [2015-12-08 17:23:49] rapidtrades : no other major exchanges offers it in the bitcoin space afaik [2015-12-08 17:28:16] messiaen8844 : nice green candles... watch out now [2015-12-08 17:32:00] rapidtrades : yeah I'm sure this time it will be different [2015-12-08 17:33:06] rapidtrades : btc-e broke the high btw, not sure if that's bullish or bearish