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.
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[2015-12-12 05:30:04] irbbqu : lol
[2015-12-12 05:30:58] zanza : i wonder who's liquidation that was?
[2015-12-12 05:31:07] habibi : i am not sure
[2015-12-12 05:31:09] habibi : but it looked for me
[2015-12-12 05:31:12] zanza : {"id":"b5c8a649-0b5b-6603-90ac-62ee01661ce8","symbol":"XBT24H","side":"Sell","qty":228343,"price":453.3}]
[2015-12-12 05:31:16] habibi : like a massive group liquidation
[2015-12-12 05:31:19] habibi : but its probally not possible
[2015-12-12 05:31:20] habibi : ?
[2015-12-12 05:31:25] zanza : individual id = single
[2015-12-12 05:31:34] habibi : ah good
[2015-12-12 05:31:56] habibi : i mean
[2015-12-12 05:31:57] habibi : not good
[2015-12-12 05:31:59] habibi : but still
[2015-12-12 05:32:11] zanza : my biggest single liquidation is like 94k
[2015-12-12 05:32:17] zanza : i thought that was b ig
[2015-12-12 05:32:30] podizzler3k : so what does that 20% mean
[2015-12-12 05:32:40] podizzler3k : we get 80% of profit?
[2015-12-12 05:32:44] podizzler3k : or 20%
[2015-12-12 05:32:53] zanza : podizzler3k: ?
[2015-12-12 05:32:57] habibi : where it is?
[2015-12-12 05:33:04] podizzler3k : next to fair price
[2015-12-12 05:33:42] podizzler3k : crashing again
[2015-12-12 05:33:49] habibi : that mean
[2015-12-12 05:33:57] habibi : i dont know
[2015-12-12 05:34:07] habibi : but getting upper
[2015-12-12 05:34:07] habibi : so
[2015-12-12 05:34:11] habibi : 22 is not that bad
[2015-12-12 05:34:16] habibi : but will be worse as we cna see
[2015-12-12 05:34:32] zanza : i see 12
[2015-12-12 05:34:35] REKT : Liquidated long on XBT7D: Sell 300 @ 438.65
[2015-12-12 05:34:54] zanza : fair basis is how they calculate DPE
[2015-12-12 05:34:55] REKT : Liquidated long on XBT7D: Sell 700 @ 436.93
[2015-12-12 05:35:09] zanza : look out below
[2015-12-12 05:35:18] zanza : podizzler3k: where did you see that?
[2015-12-12 05:35:27] zanza : you predicted the crash a few seconds before
[2015-12-12 05:35:54] zanza : 21:33 - (IRC)podizzler3k: crashing again
[2015-12-12 05:36:31] habibi : u just didnt look at proper data :p
[2015-12-12 05:36:33] habibi : it was crashing already
[2015-12-12 05:36:59] zanza : i had Hyperon tab open
[2015-12-12 05:37:15] habibi : but dpe doesnt count insurance fund
[2015-12-12 05:37:15] zanza : did you mean spot was crashing, or XBT25H was crashing ?
[2015-12-12 05:37:18] habibi : right?
[2015-12-12 05:37:29] zanza : insurance fund is a bit of a mystery
[2015-12-12 05:37:51] psyfur : cant believe there's still a $15 premium here
[2015-12-12 05:37:54] habibi : last time 2-3 weeks ago it was 6 btc
[2015-12-12 05:37:55] zanza : but they haven't had a clawback in several months for sure
[2015-12-12 05:38:01] j8 : DPE does count insurance fund.
[2015-12-12 05:38:06] habibi : u sure j8?
[2015-12-12 05:38:19] j8 : yup
[2015-12-12 05:38:47] habibi : thats fuckin bad then
[2015-12-12 05:38:54] hashman : with DPE, is there only clawback on the profits?
[2015-12-12 05:38:59] j8 : there's 228343 sitting at 453.3
[2015-12-12 05:38:59] hashman : does it affect loses also?
[2015-12-12 05:39:09] j8 : on profits only
[2015-12-12 05:39:59] stevelim : so net profit on 24h contract?
[2015-12-12 05:40:07] j8 : yep
[2015-12-12 05:40:45] REKT : Liquidated long on XBT24H: Sell 588 @ 436.35
[2015-12-12 05:42:03] habibi : sleger is closing his profits all the time
[2015-12-12 05:42:05] REKT : Liquidated long on XBT24H: Sell 80 @ 435.43
[2015-12-12 05:42:13] habibi : or maybe not
[2015-12-12 05:42:45] REKT : Liquidated long on XBT24H: Sell 16000 @ 433.69 <b>MEGA-REKT</b>
[2015-12-12 05:43:05] REKT : Liquidated long on XBT24H: Sell 16890 @ 431.54 <b>MEGA-REKT</b>
[2015-12-12 05:43:05] REKT : Liquidated long on XBT24H: Sell 500 @ 431.86
[2015-12-12 05:43:13] psyfur : new low finex
[2015-12-12 05:43:45] REKT : Liquidated long on XBTH16: Sell 500 @ 496.64
[2015-12-12 05:44:40] habibi : shieeet
[2015-12-12 05:44:52] irbbqu : Good god
[2015-12-12 05:44:55] REKT : Liquidated long on XBT24H: Sell 4500 @ 423.85
[2015-12-12 05:44:55] REKT : Liquidated long on XBT7D: Sell 1500 @ 425.32
[2015-12-12 05:45:05] REKT : Liquidated long on XBT24H: Sell 45598 @ 420.77 <b>MEGA-REKT</b>
[2015-12-12 05:45:05] REKT : Liquidated long on XBT24H: Sell 180 @ 421.64
[2015-12-12 05:45:06] REKT : Liquidated long on XBT24H: Sell 500 @ 421.53
[2015-12-12 05:45:14] psyfur : lmao
[2015-12-12 05:45:35] REKT : Liquidated long on XBT7D: Sell 2000 @ 421.74
[2015-12-12 05:46:17] psyfur : hopefully it holds 400...
[2015-12-12 05:46:20] ayy lmao : lm
[2015-12-12 05:46:33] psyfur : ayy
[2015-12-12 05:46:48] ayy lmao : bitmex isnt even following anymore lmao
[2015-12-12 05:47:48] psyfur : well it is, just from $15 above lol
[2015-12-12 05:47:55] REKT : Liquidated short on XBT24H: Buy 1000 @ 422.10
[2015-12-12 05:48:05] SnackyCoins : plz stop losing, this clawback is gonna suck
[2015-12-12 05:48:25] REKT : Liquidated short on XBT24H: Buy 40 @ 423.90
[2015-12-12 05:48:34] psyfur : lol
[2015-12-12 05:48:34] SnackyCoins : just... nobody trade
[2015-12-12 05:48:39] hashman : market maker got rekt again?
[2015-12-12 05:48:46] psyfur : i almost shorted at 440 bah
[2015-12-12 05:49:00] SnackyCoins : close laptop and walk away
[2015-12-12 05:49:04] psyfur : but i dont want to lose profits out of greed
[2015-12-12 05:50:05] podizzler3k : lord have mercy
[2015-12-12 05:50:39] SnackyCoins : goddamn... its all at 445
[2015-12-12 05:50:43] SnackyCoins : that is a long way up
[2015-12-12 05:50:54] gouda : were not going there again today
[2015-12-12 05:50:56] gouda : this is done
[2015-12-12 05:51:00] gouda : 400 will be tested
[2015-12-12 05:51:09] gouda : and break and 300's incoming
[2015-12-12 05:51:12] SnackyCoins : in 6 hours? yeah that's a stretch
[2015-12-12 05:51:26] SnackyCoins : i am out of my shorts and got filled on spot 8)
[2015-12-12 05:51:27] Swedishnut : doubt it. macro forces will force the price up as yuan continues devaluation and the dollar weakens
[2015-12-12 05:52:24] psyfur : yeah we may see 300s for some short amount of time but this is a bull market now
[2015-12-12 05:54:05] REKT : Liquidated short on XBT7D: Buy 2500 @ 425.63
[2015-12-12 05:55:13] podizzler3k : i liquidated my shorts
[2015-12-12 05:55:19] habibi : why>
[2015-12-12 05:55:20] habibi : ?
[2015-12-12 05:55:22] podizzler3k : and i was long
[2015-12-12 05:55:57] podizzler3k : couldnt help it. that dump corresponded with a dump of my own
[2015-12-12 05:56:18] psyfur : i might short just on the basis of htis ridiculous premium
[2015-12-12 05:56:32] podizzler3k : people still believin in a bounce
[2015-12-12 05:56:46] podizzler3k : bounce like a bowling ball in quicksand
[2015-12-12 05:57:12] psyfur : nice analogy
[2015-12-12 05:57:45] habibi : dpe doesnt count insurance fund
[2015-12-12 05:59:25] REKT : Liquidated long on XBT24H: Sell 3000 @ 425.66
[2015-12-12 05:59:26] REKT : Liquidated long on XBT24H: Sell 311 @ 425.61
[2015-12-12 06:04:42] habibi : fuckin sleger :( basically its coz of his great short
[2015-12-12 06:04:48] habibi : now dpe is increasing :p
[2015-12-12 06:06:43] SnackyCoins : you guys ready to go clear some dpe?
[2015-12-12 06:09:07] zanza : the orderbook bots refresh so fast its hard to even look at it
[2015-12-12 06:09:19] habibi : ? SnackyCoins?
[2015-12-12 06:09:35] zanza : there should be a 5 second to posting orders, this isn't HFT for goodness sakes
[2015-12-12 06:09:35] SnackyCoins : i think that makes it look great zanza :)
[2015-12-12 06:09:45] SnackyCoins : best orderbook in all bitcoin
[2015-12-12 06:09:55] zanza : for hft/bots
[2015-12-12 06:10:03] SnackyCoins : it's so pretty
[2015-12-12 06:10:13] podizzler3k : someone wake up the dead cat
[2015-12-12 06:10:15] SnackyCoins : but i grew up playing video games 8)
[2015-12-12 06:10:31] podizzler3k : snacky im ready
[2015-12-12 06:10:37] podizzler3k : lets clear it out up to $500
[2015-12-12 06:10:50] zanza : as a taker, I want to be able to click on a order and buy it, its so hard though to do I think this defeats the point
[2015-12-12 06:10:55] REKT : Liquidated short on XBT24H: Buy 5250 @ 426.59
[2015-12-12 06:10:58] zanza : this is like bots trading with bots
[2015-12-12 06:11:02] podizzler3k : zanza you need new technique
[2015-12-12 06:11:05] REKT : Liquidated short on XBT24H: Buy 40 @ 427.11
[2015-12-12 06:11:13] zanza : podizzler3k: i need a bot lol
[2015-12-12 06:11:19] SnackyCoins : but zanza, the trading engine is that fast. if the orderbook had a delay you would miss your entry
[2015-12-12 06:11:22] podizzler3k : type your price, type your quantity, and click when it pops up
[2015-12-12 06:11:40] zanza : SnackyCoins: its not the speed of the orderbook, is the speed of posting NEw orders
[2015-12-12 06:11:46] SnackyCoins : it would be even harder to get into position
[2015-12-12 06:11:53] SnackyCoins : you aren't clicking deep enough 8)
[2015-12-12 06:12:03] SnackyCoins : i do plenty of taking as well
[2015-12-12 06:12:12] SnackyCoins : it's been hard lately but we are moving really fast here
[2015-12-12 06:12:13] zanza : ok i see what you are saying
[2015-12-12 06:12:20] SnackyCoins : REALLY fast
[2015-12-12 06:12:26] podizzler3k : aha
[2015-12-12 06:12:32] podizzler3k : yeah we moved down pretty fast
[2015-12-12 06:12:34] SnackyCoins : $40 in 20 minutes that dump?
[2015-12-12 06:12:42] podizzler3k : 20 minute? seemed less than that
[2015-12-12 06:12:47] podizzler3k : seemed like 20 seconds
[2015-12-12 06:12:49] zanza : so is there gunna be a clawback? That 200k order is probably not getting filled
[2015-12-12 06:12:52] SnackyCoins : yeah it was even faster here. i was looking at bfx
[2015-12-12 06:12:52] podizzler3k : maybe because i was in shock
[2015-12-12 06:13:11] micmix : 30% DPE
[2015-12-12 06:13:11] SnackyCoins : maybe not but looks like we're in for a try
[2015-12-12 06:13:15] podizzler3k : i felt like i was being riddled with an ak47
[2015-12-12 06:13:19] habibi : micmix: yea fucked up much
[2015-12-12 06:13:24] podizzler3k : that had unlimited ammo
[2015-12-12 06:13:26] habibi : look at 452 at orderbook
[2015-12-12 06:13:42] podizzler3k : dont look now but the price actually peeked up
[2015-12-12 06:13:46] podizzler3k : ah i think i jinxed it
[2015-12-12 06:13:52] podizzler3k : wait!
[2015-12-12 06:13:55] habibi : micmix: but dpe dont take insurance fund
[2015-12-12 06:14:05] podizzler3k : *starts beating btc's chest* dont you die on me!
[2015-12-12 06:14:05] REKT : Liquidated short on XBT24H: Buy 887 @ 430.23
[2015-12-12 06:14:11] zanza : {"id":"b5c8a649-0b5b-6603-90ac-62ee01661ce8","symbol":"XBT24H","side":"Sell","qty":317990,"price":444.96}]
[2015-12-12 06:14:13] habibi : and it takes fair price instead insurance so still fucked up :/
[2015-12-12 06:14:16] zanza : it got bigger, I think it does consolidate
[2015-12-12 06:14:18] habibi : hope for retracment
[2015-12-12 06:14:23] podizzler3k : ITS GOING UP
[2015-12-12 06:14:31] habibi : o fuck
[2015-12-12 06:14:37] habibi : new liquidations comes to that order?
[2015-12-12 06:14:42] habibi : pretty fucked up
[2015-12-12 06:14:48] zanza : podizzler3k: yeah it must be cumulative, even though it has an id
[2015-12-12 06:14:54] podizzler3k : 452 we're coming for you!
[2015-12-12 06:14:57] habibi : so thats what i thought
[2015-12-12 06:15:04] podizzler3k : we're coming to get you 452! hold on!
[2015-12-12 06:15:05] REKT : Liquidated short on XBT24H: Buy 7886 @ 432.71
[2015-12-12 06:15:08] SnackyCoins : it goes down the closer we get too
[2015-12-12 06:15:09] macios15 : head and shoulders
[2015-12-12 06:15:16] zanza : holy fk his price action
[2015-12-12 06:15:17] BitMEX_Arthur : Hi guys
[2015-12-12 06:15:21] habibi : hey man
[2015-12-12 06:15:22] SnackyCoins : sup boss
[2015-12-12 06:15:24] zanza : hey @BitMEX_Arthur
[2015-12-12 06:15:27] BitMEX_Arthur : I want to clear up some things regarding DPE
[2015-12-12 06:15:34] habibi : we waiting
[2015-12-12 06:15:34] habibi : !
[2015-12-12 06:15:35] podizzler3k : hey arthur. any way we can rewind a certain portion of tonights trades?
[2015-12-12 06:15:42] zanza : podizzler3k: rofl
[2015-12-12 06:15:43] SnackyCoins : by that you mean clean up the contracts?
[2015-12-12 06:15:46] podizzler3k : like the ones from $500 to $420 preferably
[2015-12-12 06:15:49] zanza : let the man talk
[2015-12-12 06:16:02] podizzler3k : ...
[2015-12-12 06:17:29] habibi : BitMEX_Arthur: ?
[2015-12-12 06:17:58] zanza : hes typing obviously
[2015-12-12 06:18:05] podizzler3k : *slow claps*
[2015-12-12 06:18:19] BitMEX_Arthur : 1. DPE includes all funds available to help reduce the tax rate
[2015-12-12 06:18:40] BitMEX_Arthur : 2. Liquidation orders are marked to the fair price, so if there is a basis it could affect the final rate
[2015-12-12 06:20:03] habibi : so the more witheld profit i make atm
[2015-12-12 06:20:08] habibi : the more i will loose later at 50% dpe
[2015-12-12 06:20:11] habibi : or sth?
[2015-12-12 06:20:33] BitMEX_Arthur : So we show the gross profit available, take that number and adjust by the DPE rate shown
[2015-12-12 06:21:24] podizzler3k : thanks for the transparency arthur.
[2015-12-12 06:21:49] podizzler3k : im pretty sure ceo of okcoin has released his official statement: "get rekt, muahahhah."
[2015-12-12 06:21:55] micmix : yes, that's what I thought, DPE includes everything and it's the best estimation of the profit reduction.
[2015-12-12 06:22:25] zanza : so, DPE is fair basis + liquidations (if there are any) ?
[2015-12-12 06:22:26] podizzler3k : anyone notice how okcoin's api convienently shit the bed right around dump time
[2015-12-12 06:22:40] habibi : yea but why contracts still closing at that price? not like on their own close price?
[2015-12-12 06:22:50] BitMEX_Arthur : Total Loss / Total Profit give you the DPE rate
[2015-12-12 06:23:07] micmix : I think we will get below 10% DPE by the settlement
[2015-12-12 06:23:10] BitMEX_Arthur : Total Loss = Bankruptcy Price - Current Mark Price
[2015-12-12 06:23:15] habibi : micmix: why is that?
[2015-12-12 06:23:17] BitMEX_Arthur : Multiplied by number of contracts
[2015-12-12 06:23:23] rapidtrades : BitMEX_Arthur: If we get a clawback over 25%, will u consider changing the execution from limit to market? at least on the liquid contracts? This is just a disaster waiting to happen imo, there will be that one time the market doesn't come back
[2015-12-12 06:23:50] habibi : wow... master is back
[2015-12-12 06:23:52] BitMEX_Arthur : rapidtrades: No perfect solution, what we want to avoid at all cost is cascading margin calls
[2015-12-12 06:24:01] cekseh : Bitmex is not liquid
[2015-12-12 06:24:04] BitMEX_Arthur : With only 0.5% equity buffer that could actually lead to higher DPE rates
[2015-12-12 06:24:06] cekseh : relatively anyway
[2015-12-12 06:24:06] zanza : rapidtrades: looks who showed up!
[2015-12-12 06:24:09] zanza : hey bro
[2015-12-12 06:24:29] podizzler3k : meanwhile the retracement is in full swing
[2015-12-12 06:24:30] habibi : so real dpe atm for setlement price is about 40-44?
[2015-12-12 06:24:32] podizzler3k : only 300 more cny to go
[2015-12-12 06:24:32] Swedishnut : POTATO! :P crazy week imop watching from vacation-land.
[2015-12-12 06:24:35] habibi : %
[2015-12-12 06:25:19] zanza : Fair Basis 16.83
[2015-12-12 06:25:22] podizzler3k : you think okcoin could throw us a bone with their newfound 1000s of btc and maybe retrace it for us
[2015-12-12 06:25:33] zanza : podizzler3k: rofl
[2015-12-12 06:25:49] zanza : woodchipper cares about woodchipper only
[2015-12-12 06:25:56] podizzler3k : i had a few friends trading over there today, theyre wiped TFO
[2015-12-12 06:26:00] irbbqu : But the gap...
[2015-12-12 06:26:02] podizzler3k : nobody long was spared
[2015-12-12 06:26:03] irbbqu : ^^
[2015-12-12 06:26:18] irbbqu : had to pick up some liquidations down there yes
[2015-12-12 06:26:47] laisee : a very well-run pump and dump kudos to China.
[2015-12-12 06:26:47] irbbqu : Nice call on the bear pennant btw
[2015-12-12 06:26:49] podizzler3k : only way to get accurate representation of whats going on at okcoin atm is through their website or app
[2015-12-12 06:26:58] podizzler3k : api is spotty to non functional
[2015-12-12 06:27:01] thebigmac : what is tfo ?
[2015-12-12 06:27:07] podizzler3k : DA FUQ OUT
[2015-12-12 06:27:15] thebigmac : nice lol
[2015-12-12 06:27:33] podizzler3k : i have my btc alert to go off every 10cny... only 30 more to go
[2015-12-12 06:27:50] podizzler3k : wheres that mega-rekt at again?
[2015-12-12 06:27:59] SnackyCoins : 445
[2015-12-12 06:28:20] SnackyCoins : we don't have to clean it we can just settle near it and be pretty ok
[2015-12-12 06:28:34] podizzler3k : damn we're almost there
[2015-12-12 06:28:38] podizzler3k : oh we will clean it
[2015-12-12 06:28:42] podizzler3k : when the price is 500
[2015-12-12 06:28:46] SnackyCoins : yeah its looking pretty good
[2015-12-12 06:28:55] REKT : Liquidated short on XBT24H: Buy 40 @ 436.94
[2015-12-12 06:29:06] podizzler3k : it will be cleaner than that spot where you dropped the salami with the dog watching
[2015-12-12 06:29:15] macios15 : 40 that was mega rekt
[2015-12-12 06:29:28] podizzler3k : macios15 lol thx for clearing it up
[2015-12-12 06:29:53] laisee : mini-rekt
[2015-12-12 06:30:00] rapidtrades : BitMEX_Arthur: If traders know that cascading margin calls are possible, they would place more deep bid/asks to take advantage...the market adjusts in these situations imo....
[2015-12-12 06:30:01] macios15 : i can clear up your acc too
[2015-12-12 06:30:06] podizzler3k : and so the great retracement of our time is underway. our grandchildren will read about this one in the history books
[2015-12-12 06:30:14] podizzler3k : in the bitcoin anals
[2015-12-12 06:30:33] laisee : legend of the fall ...
[2015-12-12 06:30:33] BitMEX_Arthur : rapidtrades: On this one I will have to disagree with you
[2015-12-12 06:30:43] BitMEX_Arthur : As some others said we aren't liquid enough yet for market order liquidations
[2015-12-12 06:30:55] BitMEX_Arthur : maybe when 24h does 500k coins a day
[2015-12-12 06:30:57] BitMEX_Arthur : but not at 30k
[2015-12-12 06:31:40] podizzler3k : and so the great retracement of our time has concluded.
[2015-12-12 06:31:47] laisee : speaking of falls ...
[2015-12-12 06:31:51] habibi : BitMEX_Arthur: am i wrong or if price will drop and i will play short, my withheld profit will be taken out by dpe more then possible earnings as long as i have lower position then sleger? i mean biggest short holder?
[2015-12-12 06:33:37] zanza : dare me to 1 click this? anyone? `444.96 317990 329855`
[2015-12-12 06:33:55] BitMEX_Arthur : habibi: The tax rate is applied equally to everyone
[2015-12-12 06:33:56] REKT : Liquidated long on XBT24H: Sell 1503 @ 434.56
[2015-12-12 06:34:03] BitMEX_Arthur : X% of realised profits
[2015-12-12 06:34:35] laisee : zanza> sure, what could go wrong
[2015-12-12 06:36:06] podizzler3k : how about this guy from reddit "I was short $468 then covered at $475...god damn I feel like a fool."
[2015-12-12 06:36:35] zanza : podizzler3k: that sucks
[2015-12-12 06:36:44] zanza : trading is risky business
[2015-12-12 06:36:59] podizzler3k : 445.. cum 2 butthead
[2015-12-12 06:37:00] zanza : every dollar you make, is someone elses loss
[2015-12-12 06:37:17] rapidtrades : BitMEX_Arthur: afaik all traditional markets user market orders for liquidation, I don't see why bitcoin exchanges need to reinvent the wheel here....liquidity per say should've be a factor, because a smaller number of contracts will encounter a smaller number of contracts on the orderbook....and if we get more volume, there will be deeper orderbooks but also larger liquidations to execute....they go together imo
[2015-12-12 06:37:22] podizzler3k : this rally needs some antimatter fuel
[2015-12-12 06:37:36] rapidtrades : I meant shouldn't be a factor
[2015-12-12 06:37:48] SnackyCoins : man... dpe would be =insane= if they market closed
[2015-12-12 06:37:56] zanza : is system loss on a per contact basis? LIke, `xbt24H` only effects itself
[2015-12-12 06:38:01] podizzler3k : im confused by this rational discussion from rapidtrades. who's on his nickname
[2015-12-12 06:38:06] BitMEX_Arthur : zanza: Per contract
[2015-12-12 06:38:11] zanza : got it
[2015-12-12 06:38:13] SnackyCoins : also lol rapidtrades gonna tell arthur how institutions do it
[2015-12-12 06:38:42] BitMEX_Arthur : We don't want Bitfinex style massive spikes and drops due to market order liquidation
[2015-12-12 06:38:48] laisee : podizzler3k: > rapidtrades has been replaced by an alien trading intelligence.
[2015-12-12 06:39:01] BitMEX_Arthur : To my knowledge all futures exchanges in Bitcoin adopt Limit order liquidations, i.e. okcoin and huobi
[2015-12-12 06:39:17] BitMEX_Arthur : because we all recognise the danger of market order liquidations with high leverage
[2015-12-12 06:39:29] laisee : rapidtrades: > people would try to guess the stops and crash the market.
[2015-12-12 06:39:36] chromaticcr : if the 170k Contracts Megarekt was liquidated at market price, we would have hit rock bottom
[2015-12-12 06:39:52] chromaticcr : there isnt even 170k conts/ on the orderbook now
[2015-12-12 06:40:12] zanza : I mean, I guess this system works well, since there has been no rebalance for months I think
[2015-12-12 06:40:29] zanza : nothing is perfect tho!
[2015-12-12 06:40:44] Swedishnut : nothing will ever be perfect
[2015-12-12 06:40:44] habibi : BitMEX_Arthur: how much are there funds in insurance?
[2015-12-12 06:40:48] podizzler3k : chromaticcr good point
[2015-12-12 06:41:02] BitMEX_Arthur : habibi: 0 BTC
[2015-12-12 06:41:03] habibi : coz dpe takes it easily and Wally couldnt give a simple number.
[2015-12-12 06:41:03] laisee : chromaticcr: > we'd have to pass around a hat and collect enough to settle contract.
[2015-12-12 06:41:46] SnackyCoins : does an insurance fund exist, despite being empty? :)
[2015-12-12 06:42:10] zanza : wally spent it on a new 21 Inc Bitcoin Computer
[2015-12-12 06:42:17] chromaticcr : there is no insurance for XBT (sepculative cont.s)
[2015-12-12 06:42:43] SnackyCoins : fair enough, small house
[2015-12-12 06:43:11] podizzler3k : well im gonna go play some mortal kombat hit me up when 445 is in play
[2015-12-12 06:45:56] REKT : Liquidated long on XBT24H: Sell 3170 @ 431.75
[2015-12-12 06:47:07] zanza : that was a 16% swing
[2015-12-12 06:47:12] zanza : in 20 minutes?
[2015-12-12 06:47:22] SnackyCoins : i love bitcoin
[2015-12-12 06:47:49] zanza : more like 100 minutes
[2015-12-12 06:47:59] zanza : 468 -> 403
[2015-12-12 06:49:42] zanza : rapidtrades: were you on finex today?
[2015-12-12 06:50:55] rapidtrades : BitMEX_Arthur: yes all bitcoin futures use limit orders, but if u examine the charts u can see that the swings are exacerbated on futures...today on okc futures we dropped from 487>410 but on spot we fell from 474>406...also during the previous rally/drop the swings were $50-$100 over spot...so you can't draw a conclusion that using limits works better imo
[2015-12-12 06:51:39] BitMEX_Arthur : SnackyCoins: DPE rate shown takes into account any positive Bitcoin available to offset losses
[2015-12-12 06:51:58] SnackyCoins : oh neat
[2015-12-12 06:52:08] SnackyCoins : dem nuances 8)
[2015-12-12 06:59:05] podizzler3k : rapidtrades i look forward to your exchange
[2015-12-12 06:59:09] podizzler3k : should be nice
[2015-12-12 07:00:54] zanza : podizzler3k: xD
[2015-12-12 07:01:01] SnackyCoins : rapidtrades dropping that montreal high class of 2017 knowledge on arthur
[2015-12-12 07:01:11] SnackyCoins : he can probably take arthur in a fight too
[2015-12-12 07:01:12] zanza : http://imgur.com/gallery/bmyBQBE
[2015-12-12 07:07:09] Swedishnut : Anyone Watch the Ridiculous 6 on Netflix yet OM Goodness wow soo good
[2015-12-12 07:07:44] zanza : nop
[2015-12-12 07:07:54] zanza : Swedishnut: where are you vacationing?
[2015-12-12 07:08:29] Swedishnut : Colorado in the USA. Winter Park going Skiing in the AM
[2015-12-12 07:09:55] zanza : oh wow
[2015-12-12 07:10:04] zanza : i hear tickets are expensive there, like $140 per day
[2015-12-12 07:10:46] TschavaTschigger : morning... wtf 450k+ open interest? how?
[2015-12-12 07:11:05] zanza : TschavaTschigger: good morning https://www.bitmex.com/api/v1/order/liquidations
[2015-12-12 07:11:41] j8 : someone caught 322663 sharp knives
[2015-12-12 07:11:49] zanza : j8: :D
[2015-12-12 07:12:35] macios15 : j8: xD
[2015-12-12 07:13:04] j8 : there was that big liquidated short earlier today too eh.. big day for bitmex
[2015-12-12 07:13:16] TschavaTschigger : oO
[2015-12-12 07:13:18] macios15 : jep 200k
[2015-12-12 07:14:06] zanza : we are 8 points away from eating the order
[2015-12-12 07:14:56] REKT : Liquidated short on XBTH16: Buy 1000 @ 505.75
[2015-12-12 07:16:01] podizzler3k : someone called?
[2015-12-12 07:16:26] zanza : so the short is liquidated at 505.75, but its listed at 508.73
[2015-12-12 07:16:35] podizzler3k : might have been an order set from the day before
[2015-12-12 07:16:36] SnackyCoins : stop getting rekt guys we trying to make this number better not worse
[2015-12-12 07:16:47] podizzler3k : i had a buy at 331 and when i heard the click of order filled i freake dout
[2015-12-12 07:16:47] zanza : it was March SnackyCoins
[2015-12-12 07:16:53] podizzler3k : last thing i was trying to do is catch knives
[2015-12-12 07:17:21] SnackyCoins : oh heh wow
[2015-12-12 07:17:54] j8 : more filled liquidations now means more donations that offset DPE
[2015-12-12 07:18:13] j8 : so feel free
[2015-12-12 07:19:40] habibi : still for me much more possible that we will drop under 400 than we will stay above 420
[2015-12-12 07:19:43] habibi : till settlement
[2015-12-12 07:19:49] habibi : but hopefully i am wrong
[2015-12-12 07:20:16] podizzler3k : 11 pages of liquidations on okcoin today
[2015-12-12 07:20:19] podizzler3k : id say they did ok
[2015-12-12 07:33:49] habibi : BitMEX_Arthur: dpe affects realised pnl or withheld profit?
[2015-12-12 07:34:07] SnackyCoins : withheld profit
[2015-12-12 07:34:19] BitMEX_Wally : habibi: Withheld profit is just realised profit. And DPE is taken from realised profit
[2015-12-12 07:34:34] podizzler3k : we're comin for you 445 you can try to hide but we seeeeeeeeee youuuuuuuuuuu
[2015-12-12 07:34:58] SnackyCoins : couldn't realized profit include btc from XBU though? 8)
[2015-12-12 07:35:02] podizzler3k : that would be ironic if i bought my own liquidation back
[2015-12-12 07:35:11] SnackyCoins : is that yours pod?
[2015-12-12 07:35:18] habibi : that wont happen podizzler3k dont worry about
[2015-12-12 07:35:28] podizzler3k : oh really
[2015-12-12 07:35:31] podizzler3k : u sure about that
[2015-12-12 07:36:02] habibi : the only option i see is somehow panic fuckin fomo up to 440 on finex and sleger in panic closing his big big short into liquidation
[2015-12-12 07:36:07] podizzler3k : snackycoins lol nah if it was i wouldnt be cheerfully trolling away id be in a dark alley in my batman suit looking for a fight
[2015-12-12 07:36:08] habibi : ask
[2015-12-12 07:36:13] BitMEX_Wally : SnackyCoins: DPE is per-contract basis
[2015-12-12 07:36:22] podizzler3k : habibi keep saying that
[2015-12-12 07:36:23] podizzler3k : its working
[2015-12-12 07:36:37] macios15 : only 12% now
[2015-12-12 07:36:39] SnackyCoins : ahh, i thought all the dpe contracts were done together. I guess that doesn't make sense since they don't settle together 8)
[2015-12-12 07:36:48] habibi : macios take look at settle price
[2015-12-12 07:36:52] habibi : not at fair
[2015-12-12 07:36:54] BitMEX_Wally : Yeah we think it's fairer this way
[2015-12-12 07:37:13] BitMEX_Wally : Profits made in XBT24H are adjusted to cover bankruptcies in XBT24H only
[2015-12-12 07:37:15] SnackyCoins : if we could eat 445 and then go a bit more and have some massive 300k margin call shorts at a few dollars higher- that would be super kickass
[2015-12-12 07:37:35] SnackyCoins : i'll eat a hat
[2015-12-12 07:37:52] thehawthorne : morning
[2015-12-12 07:38:07] thehawthorne : did you get out in time fellas? ;)
[2015-12-12 07:38:17] podizzler3k : the sad part is we havent yet made it back to the first dumpzone
[2015-12-12 07:38:19] habibi : out in time/short in time
[2015-12-12 07:38:32] habibi : from 2 btc to 6 btc, but dpe is not in time
[2015-12-12 07:41:16] macios15 : habibi: ema didnt crossed jet
[2015-12-12 07:44:16] REKT : Liquidated short on XBT7D: Buy 500 @ 444.93
[2015-12-12 07:44:36] REKT : Liquidated short on XBT7D: Buy 1500 @ 445.10
[2015-12-12 07:48:02] podizzler3k : ema really
[2015-12-12 07:48:12] podizzler3k : after what you seen from okcoin you still think TA is playing a role
[2015-12-12 07:49:08] podizzler3k : 445 is within sight!
[2015-12-12 07:49:11] podizzler3k : on 1.0 grouping!
[2015-12-12 07:49:21] podizzler3k : habibi gonna eat his shoe
[2015-12-12 07:49:29] podizzler3k : i mean snackycoins gonna eat a hat
[2015-12-12 07:50:26] habibi : hm maybe if we would ddos all exchanges that stands up for block price...for like 5 hours
[2015-12-12 07:50:35] podizzler3k : i feel like bttcchina is a legitimate exchange. never see much shenanigans out of them
[2015-12-12 07:50:35] habibi : maybe settlement price would froze! :D
[2015-12-12 07:50:41] podizzler3k : too bad huobi and okcoin exist
[2015-12-12 07:50:46] podizzler3k : yeah that premium is quite wild
[2015-12-12 07:51:17] habibi : nah i am good with that, just want to keep settlement price as high as possible to save dpe :p
[2015-12-12 07:53:25] BitMEX_Wally : podizzler3k: Yeah I trust BTCC with my coin
[2015-12-12 07:56:44] BitMEX_Wally : <img src="http://www.brainlesstales.com/images/misc/bitcoin-roller-coaster.gif">
[2015-12-12 07:57:06] REKT : Liquidated long on XBT24H: Sell 2047 @ 436.62
[2015-12-12 07:57:23] JDUB99 : lol
[2015-12-12 07:57:33] JDUB99 : you guys should make a tshirt with that
[2015-12-12 08:00:16] REKT : Liquidated long on XBT24H: Sell 1463 @ 435.20
[2015-12-12 08:01:23] zanza : dont feed it!
[2015-12-12 08:05:53] podizzler3k : switch was my long orders today https://www.youtube.com/watch?v=QGc-iPc-9dE
[2015-12-12 08:32:14] cataquil : awake
[2015-12-12 08:32:19] cataquil : wow 480
[2015-12-12 08:44:37] REKT : Liquidated long on XBT7D: Sell 900 @ 437.58
[2015-12-12 08:44:39] TschavaTschigger : zanza: 140 bucks for a skiing ticket?
[2015-12-12 08:45:06] REKT : Liquidated long on XBT24H: Sell 1499 @ 430.15
[2015-12-12 08:45:27] REKT : Liquidated long on XBT24H: Sell 2000 @ 429.07
[2015-12-12 08:45:27] REKT : Liquidated long on XBT24H: Sell 3 @ 428.99
[2015-12-12 08:46:14] zanza : TschavaTschigger: in Colorado I hear per day thats what it is
[2015-12-12 08:46:27] zanza : wow u guys
[2015-12-12 08:46:32] zanza : keep feeding the liquidation
[2015-12-12 08:47:26] zanza : this settlement gunna be a train wreck
[2015-12-12 08:48:20] TschavaTschigger : zanza: that's insane. I am from one of the most posh skiing towns in Europe and even there it's only 60 a da
[2015-12-12 08:48:47] zanza : 60 EUR is like 70 USD
[2015-12-12 08:49:00] zanza : I can't find the liquidation on the orderbook for 24H?
[2015-12-12 08:49:20] podizzler3k : it doesnt matter anymore
[2015-12-12 08:49:33] zanza : but its not even listed lol?
[2015-12-12 08:49:41] zanza : what if some trader wanted to scopp it up
[2015-12-12 08:49:44] thehawthorne : say goodbye to 50% of your profit
[2015-12-12 08:50:41] zanza : the liquidation sure works mysteriously here
[2015-12-12 08:50:42] TschavaTschigger : no its 50 Euro... and we have like 150 kilometers of pist
[2015-12-12 08:51:02] thehawthorne : where r you from
[2015-12-12 08:51:22] TschavaTschigger : originally kitzbühel
[2015-12-12 08:51:45] thehawthorne : this is that famous skiing town imho
[2015-12-12 08:51:47] zanza : http://adventure-journal.com/2015/02/the-aj-list-the-most-expensive-lift-tickets-in-america/
[2015-12-12 08:51:47] thehawthorne : am i right
[2015-12-12 08:53:34] TschavaTschigger : yes
[2015-12-12 08:53:55] BitMEX_Arthur : Best powder is in Japan
[2015-12-12 08:53:56] BitMEX_Arthur : Niseiko
[2015-12-12 08:55:21] TschavaTschigger : BitMEX_Arthur: rly? I was skiing in quite some places, but never Japan
[2015-12-12 08:55:46] BitMEX_Arthur : It's amazing, fresh tracks and dumps a few times each week
[2015-12-12 08:55:51] BitMEX_Arthur : The food is also amazing
[2015-12-12 08:55:59] TschavaTschigger : Best powder I ever got was Blue River, Canada/bc
[2015-12-12 08:56:00] BitMEX_Arthur : The main problem is it's not super steep
[2015-12-12 08:58:31] thehawthorne : Dolomites in Europe are quite nice
[2015-12-12 08:59:12] TschavaTschigger : we have incredible powder too.. yeah dolomites are just around the corner.
[2015-12-12 08:59:26] thehawthorne : you can cross borders while skiing
[2015-12-12 08:59:40] TschavaTschigger : thehawthorne: normal in Europe
[2015-12-12 09:00:07] thehawthorne : not with all that fences being built these days :D
[2015-12-12 09:00:58] TschavaTschigger : our ski region is connecting towns that are 40 km apart
[2015-12-12 09:01:26] TschavaTschigger : you can go between them just by skiis, no bus/taxi or anything
[2015-12-12 09:02:07] REKT : Liquidated long on XBT24H: Sell 2000 @ 428.08
[2015-12-12 09:02:57] REKT : Liquidated long on XBT24H: Sell 16940 @ 426.93 <b>MEGA-REKT</b>
[2015-12-12 09:03:04] thehawthorne : may you please stop this insanity
[2015-12-12 09:03:08] TschavaTschigger : zanza: Haha so the $145 are real.... lmao
[2015-12-12 09:05:36] macios15 : yesteday at same time we ware at same price
[2015-12-12 09:06:08] thehawthorne : but with 0% DPE
[2015-12-12 09:10:35] zanza : wow this 24H liquidation is snowballing
[2015-12-12 09:11:01] zanza : dat orderbook
[2015-12-12 09:13:05] zanza : how come the liquidations aren't showing up on the books?
[2015-12-12 09:14:58] BitMEX_Arthur : zanza: They are, all the orders are grouped into one, you can see it at 443.43, as more longs get liquidated the average price will drop further
[2015-12-12 09:16:24] TschavaTschigger : an hour ago the orderbook had more than 64 levels on one side. first time I have ever seen that
[2015-12-12 09:17:39] zanza : oh maybe its a display error for me, I only see up to 432
[2015-12-12 09:17:52] zanza : and its empty above that
[2015-12-12 09:18:22] dorothy490 : I have unrealized profits in BTC24 and BTC7D
[2015-12-12 09:18:35] dorothy490 : how can I see how much unrealized profits for each instrument?
[2015-12-12 09:19:27] dorothy490 : I found one way.. open any pending active order and look to the column "ralized PNL"
[2015-12-12 09:20:15] zanza : https://www.bitmex.com/app/wallet @dorothy490
[2015-12-12 09:20:48] dorothy490 : it shows summary witheld profit, not for each instrument separately @zanza
[2015-12-12 09:21:25] zanza : switch to Basic view
[2015-12-12 09:21:32] zanza : its pretty clear right there
[2015-12-12 09:22:09] dorothy490 : hmm. how to switch into "basic" view?
[2015-12-12 09:22:58] zanza : can you see sell orders over 432? dorothy490
[2015-12-12 09:23:57] dorothy490 : 431,1 is max foir me atm
[2015-12-12 09:24:13] zanza : dorothy490: click on your name in the upper right
[2015-12-12 09:25:07] dorothy490 : i had basic by default. switching basic/advanced in wallet menu changes nothing
[2015-12-12 09:26:34] zanza : can check with the support help desk
[2015-12-12 09:26:42] dorothy490 : anyway I have a wrokaround so dont care anymore
[2015-12-12 09:31:49] zanza : finex has the leasst shorts ive seen now
[2015-12-12 09:32:20] zanza : since 2 years
[2015-12-12 09:37:37] dorothy490 : yes, and longs increased
[2015-12-12 09:50:02] ethexio : 33.5% profit adjustment
[2015-12-12 09:50:51] ethexio : Epic day/week
[2015-12-12 09:51:09] habibi : dont worry its about 40% at 422 $ ;p
[2015-12-12 09:51:17] BitMEX_Arthur : EM countries are leaking cash as their currencies get pumped, it's going to be a wild FOMC week
[2015-12-12 09:51:20] dorothy490 : that would be biggest claw back for mex ever
[2015-12-12 09:54:13] zanza : Sam secretely messaged me he is going to put in his own 50 BTC to help with todays settlment
[2015-12-12 09:54:52] laisee : zanza: > donations accepted here?
[2015-12-12 09:55:37] dorothy490 : I got email from CEO of bitcoin this morning that he will cover up to 20% clawbacks on all exchanges
[2015-12-12 09:56:04] ethexio : Sam's here in bed with me right now and he says 'naaw'
[2015-12-12 09:56:57] laisee : I have Satoshi sitting with me in a bar in Roppongi and he says he will cover ALL .
[2015-12-12 09:57:10] habibi : "naah, let the f%$kers got what they reserve to" :p
[2015-12-12 09:57:20] ethexio : (To donation, not naaw for yum yum time)
[2015-12-12 09:58:18] thehawthorne : MOONTIME
[2015-12-12 09:58:36] thehawthorne : ...or maybe not? 8)
[2015-12-12 09:59:03] zanza : ethexio: wow Sam is a dirty cheater
[2015-12-12 09:59:52] TschavaTschigger : laisee: you are sitting with arthur in a bar?
[2015-12-12 10:00:20] TschavaTschigger : #arthur=satoshi #spreadtherumor
[2015-12-12 10:00:27] laisee : yes, but he says to call him "Satoshi-san"
[2015-12-12 10:01:14] BitMEX_Arthur : I wish i was in Tokyo eating some sushi and drinking sake
[2015-12-12 10:01:18] BitMEX_Arthur : I'm down in Singapore in the jungle
[2015-12-12 10:01:24] ethexio : zanza: sorry :( his idea
[2015-12-12 10:01:33] habibi : and rapidtrades is a creator of willybot at the time it started selling all way down
[2015-12-12 10:01:42] laisee : http://satoshishere.com
[2015-12-12 10:03:11] ethexio : BitMEX_Arthur: go to stream and catch a fish. Sushi
[2015-12-12 10:03:43] ethexio : (Non polluted stream)
[2015-12-12 10:04:30] ethexio : (Not piranha, ick)
[2015-12-12 10:04:47] cataquil : really? rapidtrades is a creator of willybot