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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[2015-12-12 12:43:09] ohmannomma : sleger: for these fees, also a bj
[2015-12-12 12:43:09] habibi : yea its shady stuff around this fund, BitMEX_Arthur how much btc get used into that fund today ? how much it was before dpe was =/ 0 :p
[2015-12-12 12:43:13] psyfur : i don't like the advanced dashboard layout, but my main complaint atm is only the top 5 orders on each side are shown in the basic layout
[2015-12-12 12:43:28] psyfur : and also the chart takes some time to load
[2015-12-12 12:43:39] ohmannomma : talkin about liquidation, fact is that is not sold but absorbed
[2015-12-12 12:44:03] ohmannomma : basically 100% gain, not in market game anymore, when its liquidated
[2015-12-12 12:44:04] zanza : sleger: also fees here are much cheaper than chipper, and negative maker fee he
[2015-12-12 12:44:09] sleger : habibi: i dont think they cheat about it, but their smart bot to liquidate isnt probably very good
[2015-12-12 12:44:18] ohmannomma : so thay could put their money into insurance, i guess..
[2015-12-12 12:44:35] ohmannomma : liquidate means.. .just keep it
[2015-12-12 12:44:38] BitMEX_Arthur : habibi: Coming into today there were no excess funds, any excess funds generated from liquidations that were executed before the bankruptcy price were applied against the big liquidations that happened today. The DPE adjustment rate reflects that in real time.
[2015-12-12 12:44:41] ohmannomma : ciao
[2015-12-12 12:45:14] habibi : BitMEX_Arthur: so basically that great short position closed at 463 i think
[2015-12-12 12:45:21] habibi : could wiped all the insurance fund itself right?
[2015-12-12 12:45:23] BitMEX_Arthur : We want to keep the rate at 0%, but when you have a 20% intraday movement with 100x leverage an adjustment is bound to happen
[2015-12-12 12:45:26] sleger : BitMEX_Arthur: how come that rate was never negative then? When insurance fund is positive it should show a <0 number?
[2015-12-12 12:45:28] ohmannomma : BitMEX_Arthur: can you check my balance before and after my last position opening? im honest, i dont have a screenshot of that
[2015-12-12 12:45:47] BitMEX_Arthur : ohmannomma: Submit a support request, I am not answering your question on this chat
[2015-12-12 12:45:53] SnackyCoins : cause negative dpe would look like everyone is getting a christmas bonus.
[2015-12-12 12:46:12] SnackyCoins : man. this is gonna get worse as we go up lol
[2015-12-12 12:46:17] zanza : dpe is positive because of quanto nature
[2015-12-12 12:46:28] SnackyCoins : and by worse i mean the chat ;)
[2015-12-12 12:46:31] chrisxbt : @bitmex_arthur no exccess funds? Does that mean you always have to execute at bankruptcy price, liquidation bot never gets a better fill?
[2015-12-12 12:46:58] jung1 : BitMEX_Arthur: make some BITMEXfee. kind of tokens/coins which will payout lets say 0.01% of fee each every 12h
[2015-12-12 12:47:14] ohmannomma : BitMEX_Arthur: can you give me the link, please?
[2015-12-12 12:47:15] jung1 : you can sell 20% in that way and have some funds
[2015-12-12 12:47:26] HotDogs : chrisxbt: If it does get a better fill, the excess is used against orders other orders so the algo can be more aggressive
[2015-12-12 12:47:31] jung1 : for new coffe machine in office
[2015-12-12 12:47:33] jung1 : etc
[2015-12-12 12:47:50] ohmannomma : BitMEX_Arthur: can you send me an email so i can answer you?
[2015-12-12 12:48:04] BitMEX_Arthur : ohmannomma: We have a support function, please use it
[2015-12-12 12:48:12] BitMEX_Arthur : I'm not responding to you about this issue any more over this chat
[2015-12-12 12:48:14] SnackyCoins : its in the sidebar
[2015-12-12 12:48:16] BitMEX_Arthur : sorry to be short with you
[2015-12-12 12:48:19] SnackyCoins : says support
[2015-12-12 12:48:29] ohmannomma : ;)
[2015-12-12 12:48:44] SnackyCoins : http://i.imgur.com/IxXG6fo.jpg
[2015-12-12 12:48:48] zanza : ease up on Arthur everyone, I suggest people collect their thoughts then make well thought out suggestions/questions in a few h
[2015-12-12 12:48:55] zanza : ho
[2015-12-12 12:49:12] TschavaTschigger : ooooor we just hysterically spam in the trollbox
[2015-12-12 12:49:14] chrisxbt : hotdogs: wow, that's really aggresive. It's no wonder that nothing ever gets accumulated. Always gets used up
[2015-12-12 12:49:15] zanza : h o u rs why don't thi
[2015-12-12 12:50:08] habibi : BitMEX_Arthur: so once again how much there were btc in insurance fund before yesterday 24h contract started ;p?
[2015-12-12 12:50:17] BitMEX_Arthur : habibi: 0
[2015-12-12 12:50:23] habibi : ?
[2015-12-12 12:50:37] chrisxbt : you haven't had a DPE in a long time
[2015-12-12 12:50:41] sleger : BitMEX_Arthur: How come it was 0 but no dpe yesterday?
[2015-12-12 12:50:44] habibi : few weeks ago wally said it was 6 btc and there were no dpe problems sinse then
[2015-12-12 12:50:45] chrisxbt : how could nothing accumulate
[2015-12-12 12:50:54] BitMEX_Arthur : chrisxbt: Massive basis today
[2015-12-12 12:51:00] BitMEX_Arthur : Someone when very long at the top of the move
[2015-12-12 12:51:07] ohmannomma : BitMEX_Arthur: how are you going to answer?
[2015-12-12 12:51:13] chrisxbt : I'm talking about the insurance fund
[2015-12-12 12:51:14] BitMEX_Arthur : then bfx dumped $35 in one candle
[2015-12-12 12:51:48] sleger : BitMEX_Arthur: you are not explaining how come insurance fund was 0 before last 24H started, however there was no DPE the previous day
[2015-12-12 12:52:01] habibi : yep. i asked wally yesterday about that ufnd
[2015-12-12 12:52:04] chrisxbt : you haven't had a DPE in a long time other than today. You claim you have an insurance fund. There's a mechanism to fill the fund. Yet its empty
[2015-12-12 12:52:09] zanza : i agree the insurance fund should be more transparent for the future
[2015-12-12 12:52:13] habibi : and he didnt respond nothing more then " oh i will need to check it "
[2015-12-12 12:52:21] zanza : about the policies regarding it
[2015-12-12 12:52:26] sleger : habibi: about a week ago he told me 6 btc
[2015-12-12 12:52:27] zanza : but ease up
[2015-12-12 12:52:35] BitMEX_Arthur : chrisxbt: Because all liquidation orders were filled at the bankruptcy price
[2015-12-12 12:52:40] habibi : i remember, it was ealier lik 2-3 weeks ago
[2015-12-12 12:52:42] BitMEX_Arthur : We have intraday moves of 5%
[2015-12-12 12:52:45] BitMEX_Arthur : With 100x leverage
[2015-12-12 12:53:03] chrisxbt : Always? So you never had a liquidation price not fill at bankruptcy price?
[2015-12-12 12:53:36] sleger : So you're saying ALL liquidations got filled at the bankruptcy price, never better but also never worse, hence no DPE but also 0 insurance fund ? I dont believe that
[2015-12-12 12:53:39] BitMEX_Arthur : The system never will go into a negative equity scenario that is why we have the adjustment
[2015-12-12 12:53:48] habibi : dump
[2015-12-12 12:53:51] habibi : close ur fickin short
[2015-12-12 12:53:53] chrisxbt : I understand that
[2015-12-12 12:53:54] habibi : longs* :p
[2015-12-12 12:53:58] REKT : Liquidated long on XBT24H: Sell 123 @ 434.22
[2015-12-12 12:54:00] ohmannomma : BitMEX_Arthur: i wouldnt go on talking about liquidation 'orders'... you should put some more of your gains into transparency .
[2015-12-12 12:54:18] REKT : Liquidated long on XBT24H: Sell 1000 @ 431.92
[2015-12-12 12:54:20] jung1 : down we go
[2015-12-12 12:54:22] chrisxbt : BitMEX_Arthur: I understand why there's a DPE
[2015-12-12 12:54:29] psyfur : oof glad i didnt buy upon waking up
[2015-12-12 12:54:41] SnackyCoins : just run arthur, run before they eat you alive
[2015-12-12 12:54:41] zanza : agreed, the insurance seems kind of cryptic n
[2015-12-12 12:54:56] zanza : habibi: how did you see that
[2015-12-12 12:55:06] habibi : see what
[2015-12-12 12:55:12] zanza : the du
[2015-12-12 12:55:16] sleger : What he is saying doesnt make much sense here, maybe he is confused
[2015-12-12 12:55:37] ohmannomma : BitMEX_Arthur: after how long will you answer a submitte support request?
[2015-12-12 12:55:46] chrisxbt : BitMEX_Arthur: I just find it interesting that you've never been able to fill before bankruptcy price. Isn't that what's the 0.5% maintenance supposed to be for. Also always filling at bankruptcy price is awfully risky.
[2015-12-12 12:55:53] habibi : BitMEX_Arthur: ... how its possible
[2015-12-12 12:55:58] habibi : insurance fund was 0
[2015-12-12 12:56:06] SnackyCoins : Where do babies come from?
[2015-12-12 12:56:06] habibi : before yesterday
[2015-12-12 12:56:06] zanza : he already explained
[2015-12-12 12:56:14] zanza : you guys are going circular now
[2015-12-12 12:56:18] REKT : Liquidated long on XBT7D: Sell 260 @ 436.98
[2015-12-12 12:56:20] jung1 : meh I dont touch it now
[2015-12-12 12:56:30] jung1 : we can go lower
[2015-12-12 12:56:38] TschavaTschigger : someone hit by 15k buy pls :D
[2015-12-12 12:56:47] sleger : zanza: no he did NOT explain, if you dont understand the details, please stay away from the convo and just read
[2015-12-12 12:57:18] zanza : all you have to know is, 100x leverage in high swign days
[2015-12-12 12:57:29] sleger : Thanks, we all knew that
[2015-12-12 12:57:31] zanza : and you expect everything to work perfectly?
[2015-12-12 12:57:38] zanza : with 0 problems
[2015-12-12 12:57:46] SnackyCoins : it actually did work perfectly
[2015-12-12 12:57:48] sleger : we expect things to work as they should
[2015-12-12 12:58:00] habibi : BitMEX_Arthur: 1 thing. Tthere was said that all the funds from insurance funds takes cares after others contracts
[2015-12-12 12:58:03] habibi : if there is sth left
[2015-12-12 12:58:05] zanza : sleger, settlement adjustment is explained in DPE
[2015-12-12 12:58:12] chrisxbt : There's a 0.5% maintenance requirement right? That's a $2 gap between trigger price and bankruptcy price.
[2015-12-12 12:58:16] habibi : how it could be zero yesterday or the day before?
[2015-12-12 12:58:21] sleger : which they might have, but insurance fund being 0 at beginning of previous 24H although no DPE before is just not possible
[2015-12-12 12:58:28] sleger : or extreeeeeeemely unlikely
[2015-12-12 12:58:42] zanza : ok, now you gone conspiracy
[2015-12-12 12:58:55] sleger : zanza: you clearly dont understand the discussion
[2015-12-12 12:58:56] BitMEX_Arthur : I understand there is some confusion, what I am going to do is write a doc explaining what I have been trying to get at over this chat, this weekend, read that over and then you can ask further questions
[2015-12-12 12:59:09] sleger : BitMEX_Arthur: great
[2015-12-12 12:59:17] TschavaTschigger : sounds like a good idea
[2015-12-12 12:59:32] habibi : BitMEX_Arthur: good idea? just make a api for calling insurance funds status
[2015-12-12 12:59:39] habibi : how much left.
[2015-12-12 12:59:51] jung1 : BitMEX_Arthur: make some forum here
[2015-12-12 12:59:54] habibi : coz this is shady thing Arthur :( i am not against u
[2015-12-12 12:59:54] sleger : BitMEX_Arthur: Please do include details of insurance fund at beginning of previous 24h contract.
[2015-12-12 13:00:11] zanza : reddit /r/bitmex
[2015-12-12 13:00:22] habibi : Could you do it with historical data Arthur?
[2015-12-12 13:00:30] habibi : for past week/month?
[2015-12-12 13:00:42] zanza : but , you guys are accusing them of fraud
[2015-12-12 13:00:52] habibi : we are not acusing anything
[2015-12-12 13:00:56] zanza : because there was a settlment adjustment
[2015-12-12 13:00:58] habibi : where did i acuse him of anything?
[2015-12-12 13:01:06] SnackyCoins : sleger nearly is
[2015-12-12 13:01:11] zanza : its the context
[2015-12-12 13:01:11] habibi : just a explaning convo
[2015-12-12 13:01:15] chrisxbt : BitMEX_Arthur: cool. I thought there was a gap between liquidation trigger and bankruptcy. But then your triggers are based on index so it gets a bit weird.
[2015-12-12 13:01:18] habibi : i just wanna know how it worked
[2015-12-12 13:01:49] jung1 : zanza: its official?
[2015-12-12 13:01:59] zanza : ?
[2015-12-12 13:02:08] zanza : oh, the reddit, yeah
[2015-12-12 13:02:12] sleger : SnackyCoins: not accusing, if you had read I said earlier that I am pretty sure they dont do anything bad
[2015-12-12 13:02:18] jung1 : yep reddit
[2015-12-12 13:02:42] zanza : sleger you are being reactionary though
[2015-12-12 13:02:51] zanza : and you were requesting funds to be added back eariler also
[2015-12-12 13:03:11] sleger : zanza: reactionary : (of a person or a set of views) opposing political or social liberalization or reform.
[2015-12-12 13:03:15] zanza : you have some legit questions, but i think you need to cool down a bit
[2015-12-12 13:03:33] zanza : reactionary, as in reacting to a settlement
[2015-12-12 13:03:39] zanza : and being upset about it
[2015-12-12 13:03:47] sleger : zanza: I was suggesting to give back part of the fees towards insurance pool yes, which 0kcoin has done twice for 100btc each time, nothing crazy
[2015-12-12 13:03:53] zanza : even though all this is clearly laid out in the DPE specs
[2015-12-12 13:03:58] cataquil : just sod off back to the emini
[2015-12-12 13:04:00] habibi : i am not quite sure we are on same page, i dont get sleger agressive, just a customer that wants transparent explanation
[2015-12-12 13:04:11] SnackyCoins : you said yourself they made what... 15btc in fee revenue today?
[2015-12-12 13:04:12] sleger : zanza: stop talking about DPE specs as I never argued about that
[2015-12-12 13:04:19] zanza : okc0in has much higher fees than here, and 1/5th the leverage
[2015-12-12 13:04:35] zanza : and its a different contract spec compared to XBT
[2015-12-12 13:04:38] sleger : zanza: what? they have lower fees
[2015-12-12 13:04:52] zanza : i dont trade there
[2015-12-12 13:05:03] sleger : ok so if you dont know please dont talk about it
[2015-12-12 13:05:08] SnackyCoins : also comparing bitmex to okcoin is like comparing your local farmer's market to wal-mart
[2015-12-12 13:05:12] sleger : and say incorrect things
[2015-12-12 13:05:26] zanza : but from their webpage, its .2%
[2015-12-12 13:05:30] zanza : compared to .05%
[2015-12-12 13:05:36] habibi : on okc u have to pay for opening positions 0.03%
[2015-12-12 13:05:36] SnackyCoins : bitmex just does not yet have the resources okcoin does
[2015-12-12 13:05:39] sleger : zanza: comparing spot to futures are you ?
[2015-12-12 13:05:41] habibi : for closing u pays nothings
[2015-12-12 13:05:47] habibi : so its not so higher imho
[2015-12-12 13:05:51] zanza : and they don't have negative maker fees
[2015-12-12 13:05:58] sleger : zanza: 0kcoin is 0.03% to open and 0 to close
[2015-12-12 13:06:08] REKT : Liquidated long on XBT24H: Sell 1000 @ 429.58
[2015-12-12 13:06:08] chrisxbt : yup this place is a farmers market, whales on okcoin
[2015-12-12 13:06:17] sleger : it is much cheaper
[2015-12-12 13:06:32] habibi : here we have 0.075% - 2.5 times more
[2015-12-12 13:06:56] sleger : zanza: so... still convinced higher fees on 0kcoin ?
[2015-12-12 13:07:02] chrisxbt : well you get -0.025%
[2015-12-12 13:07:05] habibi : and both times if we are two times makers
[2015-12-12 13:07:06] ohmannomma : how long is the resolution time for support?
[2015-12-12 13:07:09] zanza : sleger honestly you sound so sour grapes
[2015-12-12 13:07:12] habibi : oi mean takers
[2015-12-12 13:07:24] zanza : that you didn't make as much money as you should have because you didn't read DPE
[2015-12-12 13:07:40] habibi : more duming guys.
[2015-12-12 13:07:53] habibi : dumping*
[2015-12-12 13:08:12] zanza : if you had legit concerns, you would have asked questions BEFORE trading
[2015-12-12 13:08:22] SnackyCoins : "thanks to media pirates, lars is going to have to wait two more weeks to get that solid gold wetbar by the pool" comes to mind
[2015-12-12 13:08:38] habibi : zanza: we want explanation thats all, u are the dickhead here
[2015-12-12 13:08:49] sleger : zanza: I am going to stop replying to you because you dont understand anything we are saying, and you throw random comments like 0kcoin has higher fees which is incorrect and refuse to recognize it afterwards
[2015-12-12 13:09:25] zanza : explanation of what?
[2015-12-12 13:09:41] zanza : literally 1 hour after a settlement adjustment, and yall have pitchforks
[2015-12-12 13:09:58] habibi : how much were there in insurance fund for example
[2015-12-12 13:10:03] habibi : two days ago
[2015-12-12 13:10:05] TschavaTschigger : zanza: about the insurance fund... please don't mock people when you don't even know what the topic of the discussion is
[2015-12-12 13:10:09] chrisxbt : I don't think you can compare fee structure because bitmex has a maker taker model
[2015-12-12 13:10:12] zanza : did you care about that yesteday?
[2015-12-12 13:10:25] zanza : did you ask before you traded?
[2015-12-12 13:10:31] habibi : and okc has fees only on opening positions/ no oon closing
[2015-12-12 13:10:45] TschavaTschigger : zanza: did we have dpe yesterday? nope
[2015-12-12 13:11:00] zanza : exactly, you are reacting
[2015-12-12 13:11:17] habibi : zanza i am ignoring u coz u dont know what u talking, sorry
[2015-12-12 13:11:18] sleger : habibi: well each trade is one taker and one maker, right ? so average fees is exactly half of maker and taker fee
[2015-12-12 13:11:27] TschavaTschigger : today is the first day since a long time, and traders realized that there is no insurance fund.. however sam stated otherwise
[2015-12-12 13:11:33] chrisxbt : I read about DPE and the insurance fund a few months ago
[2015-12-12 13:11:44] habibi : u mean for exchange? or for a player ?
[2015-12-12 13:11:58] sleger : sorry that was for @chrisxbt i dont know why it keeps switching users when i click
[2015-12-12 13:12:01] zanza : Arthur already explained it, but you guys don't want to listen
[2015-12-12 13:12:42] sleger : chrisxbt: then on 0kcoin, if you open a position you will have to close it so average fee is just average of 0.03% and 0 so 0.015% so yes, it is very easy to compare both fee models
[2015-12-12 13:13:06] sleger : these were my answers for "chrisxbt: I don't think you can compare fee structure because bitmex has a maker taker model"
[2015-12-12 13:13:14] kingscrown : Since price is down.. AX giveaway on twitter - https://twitter.com/kingscrownBTC/status/675185587733819392
[2015-12-12 13:13:22] sleger : so yes as @habibi said before, fees are 2.5x higher here
[2015-12-12 13:13:27] zanza : XBU is quanto, okc0in is not
[2015-12-12 13:13:37] TschavaTschigger : zanza: you still don't get it? we want <b>transparency</b>, so we can see status of insurance fund
[2015-12-12 13:13:44] chrisxbt : @sleger: you have to average the maker taker for bitmex too then.
[2015-12-12 13:13:49] TschavaTschigger : zanza: that is all the users are asking for
[2015-12-12 13:13:52] sleger : TschavaTschigger: you're wasting your keyboard
[2015-12-12 13:14:01] habibi : guys move on, just ignore him
[2015-12-12 13:14:02] TschavaTschigger : sleger: yeah I know, he's probably trolling
[2015-12-12 13:14:05] zanza : tschava you want to VENT 1 hour after an adjustment
[2015-12-12 13:14:18] sleger : chrisxbt: "sleger: habibi: well each trade is one taker and one maker, right ? so average fees is exactly half of maker and taker fee"
[2015-12-12 13:14:39] sleger : chrisxbt: so do the math and you'll see for yourself
[2015-12-12 13:14:43] TschavaTschigger : probably rapidtrades trolling us lol
[2015-12-12 13:14:46] habibi : close ur longs
[2015-12-12 13:14:49] habibi : we going under 2800 probally
[2015-12-12 13:14:50] chrisxbt : @sleger that's 0.025% for bitmex
[2015-12-12 13:15:27] habibi : close ur fuckin longs so dpe remains at 0
[2015-12-12 13:15:31] habibi : please :)
[2015-12-12 13:15:42] sleger : chrisxbt: yes correct so higher but not twice sorry
[2015-12-12 13:15:53] habibi : holly fuck
[2015-12-12 13:15:58] REKT : Liquidated long on XBT24H: Sell 12 @ 427.73
[2015-12-12 13:16:08] REKT : Liquidated long on XBT24H: Sell 441 @ 425.92
[2015-12-12 13:16:58] TschavaTschigger : LOL who buys for 433
[2015-12-12 13:17:02] TschavaTschigger : 5k
[2015-12-12 13:17:10] habibi : lel
[2015-12-12 13:17:27] habibi : finex is 4 lowered
[2015-12-12 13:18:21] habibi : ffs guys
[2015-12-12 13:18:33] habibi : dont open so high positions or u will get rekt once again.
[2015-12-12 13:18:35] habibi : ur chooise! :)
[2015-12-12 13:19:01] TschavaTschigger : had a 15k position ;)
[2015-12-12 13:19:03] TschavaTschigger : but on the right side
[2015-12-12 13:19:17] chrisxbt : yeah I see that wick
[2015-12-12 13:21:03] AudibleScience : okcoin has crashed lol
[2015-12-12 13:21:41] habibi : thank u for all premium.
[2015-12-12 13:24:28] REKT : Liquidated long on XBT7D: Sell 1050 @ 428.74
[2015-12-12 13:29:41] cataquil : woodchipper=bitfinex?
[2015-12-12 13:30:31] messiaen8844 : cataquil: okc0in
[2015-12-12 13:33:36] cengel : DPE = Double Penetration at Expiration
[2015-12-12 13:40:40] sleger : cataquil: can you write an article about today's DPE ? ;)
[2015-12-12 13:42:48] habibi : sleger come on irc
[2015-12-12 13:44:50] cataquil : that might be a good idea
[2015-12-12 13:49:01] cataquil : but too busy coding ethereum
[2015-12-12 14:09:16] cataquil : 400x leverage from a forex bucketshop is different
[2015-12-12 14:10:04] jung1 : 2730 comming?
[2015-12-12 14:10:31] habibi : not yet imo, too much buying here on chinese
[2015-12-12 14:10:54] habibi : jung1: mialeś pozycje przez noc?
[2015-12-12 14:11:29] jung1 : wyszedłem z longa przy 468
[2015-12-12 14:11:36] jung1 : na spoko plusie
[2015-12-12 14:11:39] jung1 : i przespałem dropa
[2015-12-12 14:11:48] habibi : ja do 6 bitow dobilem
[2015-12-12 14:11:57] jung1 : propsy
[2015-12-12 14:11:59] habibi : no ale dpe mi zabralo troche zyskow i tylko 4.5 wyszlo
[2015-12-12 14:12:12] jung1 : od ilu trzymałeś?
[2015-12-12 14:12:29] habibi : ja caly czas zamykalem i otwieralem pozycje przy tym dropie
[2015-12-12 14:13:14] jung1 : ładnie
[2015-12-12 14:14:49] jung1 : a jak grasz teraz?
[2015-12-12 14:15:10] habibi : na wzrosty scalpuje
[2015-12-12 14:15:18] habibi : finex jest online znowu
[2015-12-12 14:15:20] habibi : poki co kupuje
[2015-12-12 14:15:24] habibi : chinczycy tez lekko do gory
[2015-12-12 14:16:11] zanza : polish?
[2015-12-12 14:16:41] jung1 : yep
[2015-12-12 14:19:19] REKT : Liquidated short on XBT24H: Buy 2000 @ 427.87
[2015-12-12 14:28:52] jung1 : we will stay a bit under 2800
[2015-12-12 14:40:15] cataquil : nice rekt
[2015-12-12 14:43:14] jung1 : Im going shor
[2015-12-12 14:43:16] jung1 : short
[2015-12-12 14:49:12] godweensatan : it's nice when you're right about the market but since you didn't get the exact top you hammered. I'm out
[2015-12-12 14:49:16] godweensatan : what a joke
[2015-12-12 14:50:37] sleger : you're mad at the market or yourself ?
[2015-12-12 14:50:53] sleger : cant blame bitmex for that one though ;)
[2015-12-12 14:52:39] REKT : Liquidated long on XBT24H: Sell 1012 @ 426.86
[2015-12-12 15:07:43] justinlooking : sleger: ur pnl on here looking healthier today mate?
[2015-12-12 15:08:04] sleger : No, I am missing 5btc :( (dpe)
[2015-12-12 15:08:19] REKT : Liquidated long on XBT24H: Sell 26750 @ 426.17 <b>MEGA-REKT</b>
[2015-12-12 15:08:30] habibi : agaaain?
[2015-12-12 15:08:39] sleger : Glad I reduced longs a lot at the top as I said though
[2015-12-12 15:08:51] sleger : habibi: yeah, just kidding :)
[2015-12-12 15:31:31] messiaen8844 : I should have gone to bed 30m later lol
[2015-12-12 15:33:11] messiaen8844 : Have some ugly unrealized PLN, but if I count realised pln from yesterday its a small dip on lastvweeks profits. Still I thinknwe are going up, this is bottom range
[2015-12-12 15:38:02] sleger : long more as well
[2015-12-12 15:40:31] messiaen8844 : Nah, I manage my risks lol
[2015-12-12 15:41:01] sleger : I meant I am long more as well
[2015-12-12 15:41:36] nickhnt : How muh clawback we got?
[2015-12-12 15:41:45] sleger : 24%
[2015-12-12 15:41:52] nickhnt : Damm
[2015-12-12 15:42:13] habibi : how much it was for u sleger?
[2015-12-12 15:42:15] habibi : 15 btc loss ;p?
[2015-12-12 15:42:17] habibi : less*
[2015-12-12 15:42:23] sleger : 5btc loss
[2015-12-12 15:42:32] habibi : k
[2015-12-12 15:42:41] habibi : 1.4 for me
[2015-12-12 15:42:55] nickhnt : I think i lost 4btc for the clawback
[2015-12-12 15:43:19] sleger : I think the logical conclusion for me is to write a bot that will take 100x leveraged positions when market moves very fast this way I can get free option
[2015-12-12 15:43:48] sleger : because the big winner is the guy who had the open liq order not filled and was able to retake his position at a much better price
[2015-12-12 15:44:07] habibi : that would be nasty
[2015-12-12 15:44:09] habibi : ... :D
[2015-12-12 15:46:50] sleger : on high volatility times, open a long 100x on one account a short 100x on another, when market jumps one get liquidated, close the other at better price, rinse repeat...
[2015-12-12 15:50:07] habibi : open short on liquidated long
[2015-12-12 15:51:50] habibi : thats the real playing against others
[2015-12-12 15:52:08] habibi : and if u would be the biggest holder u would be safe about dpe
[2015-12-12 15:52:10] habibi : probally?
[2015-12-12 15:52:26] habibi : other thing is catch good settlement price
[2015-12-12 15:52:44] habibi : like that premium at the early morning between fair price and settlement
[2015-12-12 15:59:09] REKT : Liquidated long on XBT24H: Sell 300 @ 425.91
[2015-12-12 16:15:09] REKT : Liquidated short on XBT24H: Buy 135 @ 427.68
[2015-12-12 16:18:26] justinlooking : c'mon bit more plz
[2015-12-12 16:31:09] REKT : Liquidated short on XBT24H: Buy 171 @ 434.69
[2015-12-12 16:32:51] justinlooking : so we going back to 3000?
[2015-12-12 16:33:13] habibi : nope
[2015-12-12 16:33:18] habibi : or not yetee ;p
[2015-12-12 16:33:43] habibi : finex is so scared with buying :d
[2015-12-12 16:33:48] habibi : i mean all the exchanges are
[2015-12-12 16:33:57] habibi : or maybe no buy power anymore
[2015-12-12 16:34:22] justinlooking : i'm getting 20 second lag on order confs on okc
[2015-12-12 16:34:35] habibi : bad
[2015-12-12 16:40:08] sleger : justinlooking: WS api ?
[2015-12-12 16:43:26] justinlooking : using okcoin.com gui :-S
[2015-12-12 16:43:50] justinlooking : is ok ish now
[2015-12-12 16:44:43] justinlooking : bit scary pulling stuff and not knowing if filled or not
[2015-12-12 16:53:08] cataquil : lets see what china does to
[2015-12-12 16:56:07] glassbunker : damn
[2015-12-12 16:56:13] glassbunker : socialized losses were crazy
[2015-12-12 16:56:17] TschavaTschigger : justinlooking: you sober again? :D
[2015-12-12 16:56:44] habibi : dont worry
[2015-12-12 16:56:46] justinlooking : yes, never drinking again :P
[2015-12-12 17:13:41] psyfur : i think this needs to consolidate for a day or two
[2015-12-12 17:29:20] REKT : Liquidated short on XBT24H: Buy 1000 @ 434.39
[2015-12-12 17:29:48] cataquil : its bad to hear people lost gains. I also made profit but do not see any readjustments.
[2015-12-12 17:30:30] habibi : cataquil: profit on 24h?
[2015-12-12 17:30:47] cataquil : I closed out alot of longs at the china open, was flat 6 hours, then scalped 2-3 hours before settlement
[2015-12-12 17:30:53] cataquil : yep 24h
[2015-12-12 17:31:08] habibi : so u got minus 24% of ur withheld profit
[2015-12-12 17:31:09] habibi : ;)
[2015-12-12 17:31:11] cataquil : although also long 7d and dec15
[2015-12-12 17:31:18] habibi : on 24h of course only
[2015-12-12 17:31:37] habibi : seems like u didnt noticed that lack
[2015-12-12 17:32:07] cataquil : no the balance was about the same as it was before settlement
[2015-12-12 17:32:08] ohmannomma : how long to answer a ticket?
[2015-12-12 17:32:32] cataquil : usually they are quite quick, I think today they are busy
[2015-12-12 17:33:43] ohmannomma : are you all employees of this website?
[2015-12-12 17:34:04] habibi : nah why?
[2015-12-12 17:34:40] laisee : yes. except for 1 customer I believe.
[2015-12-12 17:35:07] cataquil : no ohman just setup this acct 1 month ago, trading actively but smaller amounts than I usually do so I learn the system
[2015-12-12 17:46:24] cataquil : on spreadbet systems you pay extra for 'guarenteed stops'
[2015-12-12 17:50:15] macios15 : cmon bitcoin do sth funny
[2015-12-12 17:53:13] thehawthorne : bitcoin keeps me unemployed
[2015-12-12 17:53:31] thehawthorne : with movement like past day
[2015-12-12 17:57:52] macios15 : i hope i next hour we will se some move
[2015-12-12 18:19:35] psyfur : bitcoin really loves doing triangles
[2015-12-12 18:20:09] macios15 : me too
[2015-12-12 18:23:00] REKT : Liquidated long on XBT24H: Sell 1000 @ 429.84
[2015-12-12 18:27:10] REKT : Liquidated long on XBT24H: Sell 3000 @ 426.58
[2015-12-12 18:35:30] macios15 : 2h ema going to cross or not what do u think
[2015-12-12 18:56:44] psyfur : this looks like bear pennant unfortunately
[2015-12-12 19:05:44] macios15 : psyfur: jep
[2015-12-12 19:06:16] macios15 : psyfur: range to 2,5k
[2015-12-12 19:34:41] REKT : Liquidated short on XBT24H: Buy 2000 @ 430.25
[2015-12-12 19:37:39] wurstgelee : up we go
[2015-12-12 19:37:47] thehawthorne : ITS A TARP
[2015-12-12 19:37:53] wurstgelee : mebbe
[2015-12-12 19:38:01] thehawthorne : 8)
[2015-12-12 19:38:41] REKT : Liquidated short on XBT24H: Buy 1218 @ 431.58
[2015-12-12 19:42:06] cataquil : sweet $7 move
[2015-12-12 19:42:14] cataquil : range bound
[2015-12-12 19:50:55] macios15 : ping pong
[2015-12-12 20:02:56] macios15 : pong
[2015-12-12 20:03:11] REKT : Liquidated long on XBT24H: Sell 647 @ 428.78
[2015-12-12 20:10:11] REKT : Liquidated long on XBT7D: Sell 7500 @ 433.54
[2015-12-12 20:26:11] REKT : Liquidated long on XBT24H: Sell 2001 @ 427.33
[2015-12-12 20:28:11] REKT : Liquidated long on XBT24H: Sell 300 @ 426.10
[2015-12-12 20:30:31] psyfur : zzz
[2015-12-12 20:30:47] mwalshe99 : 2500 today
[2015-12-12 20:30:57] thehawthorne : 3300 today
[2015-12-12 20:31:07] mwalshe99 : thehawthorne: your not serious are you?
[2015-12-12 20:31:09] habibi : yesterday ! :D
[2015-12-12 20:31:29] psyfur : support seems decently strong tbh
[2015-12-12 20:31:41] thehawthorne : if 400 holds
[2015-12-12 20:31:45] thehawthorne : MOONTIME
[2015-12-12 20:31:48] thehawthorne : 8)
[2015-12-12 20:32:08] mwalshe99 : 3d says it all..
[2015-12-12 20:32:11] mwalshe99 : its over
[2015-12-12 20:32:19] mwalshe99 : couple of months of red
[2015-12-12 20:32:25] mwalshe99 : atleast we have the sell button :D
[2015-12-12 20:32:41] wurstgelee : not over yet
[2015-12-12 20:33:07] mwalshe99 : yea its over
[2015-12-12 20:33:11] mwalshe99 : most people called this
[2015-12-12 20:33:14] wurstgelee : its like yesterday never happened, dumped to where it started 24h earlier, dump had no serious volume
[2015-12-12 20:33:18] mwalshe99 : 3000 range top out
[2015-12-12 20:33:23] mwalshe99 : insta crash 10%
[2015-12-12 20:33:29] wurstgelee : so you are short all in? ;)
[2015-12-12 20:33:34] mwalshe99 : nah
[2015-12-12 20:33:38] wurstgelee : ofc youre not :)
[2015-12-12 20:33:42] mwalshe99 : shorted from 3130 yesterday though
[2015-12-12 20:33:48] mwalshe99 : never all in
[2015-12-12 20:33:52] psyfur : i doubt this is over but idk if we have more downside ahead before we go back up
[2015-12-12 20:33:54] habibi : on 24?
[2015-12-12 20:34:23] wurstgelee : its over when the fat lady sings
[2015-12-12 20:34:27] wurstgelee : no fat lady yet
[2015-12-12 20:34:31] mwalshe99 : adele "25"
[2015-12-12 20:34:38] wurstgelee : lol ;)
[2015-12-12 20:34:51] REKT : Liquidated short on XBT24H: Buy 10 @ 428.01
[2015-12-12 20:36:16] thehawthorne : hehe
[2015-12-12 20:36:18] thehawthorne : chipper
[2015-12-12 20:36:24] wurstgelee : yep, nice chipping
[2015-12-12 20:36:35] thehawthorne : HEHEHE
[2015-12-12 20:39:24] macios15 : ping
[2015-12-12 20:39:42] thehawthorne : already pong
[2015-12-12 20:40:44] wurstgelee : nah, maybe more ping
[2015-12-12 20:41:08] thehawthorne : indeed
[2015-12-12 20:49:21] wurstgelee : someone is confident ;)
[2015-12-12 20:49:27] wurstgelee : 30240 conts buy order
[2015-12-12 20:49:56] wurstgelee : also more ping
[2015-12-12 20:52:27] wurstgelee : MORE PING
[2015-12-12 20:53:12] macios15 : wurstgelee: stil under 2830
[2015-12-12 20:53:54] wurstgelee : yep
[2015-12-12 20:55:13] justinlooking : omni-bull says moon soon
[2015-12-12 21:02:41] REKT : Liquidated long on XBT24H: Sell 1548 @ 429.84
[2015-12-12 21:05:51] wurstgelee : pong, going ping again
[2015-12-12 21:08:26] wurstgelee : no
[2015-12-12 21:08:28] wurstgelee : ;)
[2015-12-12 21:08:35] wurstgelee : more pong
[2015-12-12 21:13:56] MrRGnome : Where can I see how much this haircut screwed me?
[2015-12-12 21:24:03] TschavaTschigger : MrRGnome: https://www.bitmex.com/app/settlementHistory here you can see past DPE... then you go to account --> wallet and look at your profit... and calculate profit / (1-dpe)
[2015-12-12 21:24:20] TschavaTschigger : the difference between this number and your actual profit is the amount you lost to dpe
[2015-12-12 21:24:49] MrRGnome : So it was a percent haircut applied to all settlments on that one 24 settlement action
[2015-12-12 21:24:58] TschavaTschigger : exactly
[2015-12-12 21:25:14] TschavaTschigger : well, not on the settlements, but on the profits
[2015-12-12 21:27:56] MrRGnome : That's pretty frustrating. I wish the number was more obvious, messages or account alerts existed explaining the situation. Anything really other than the DPE reference docs hidden away behind the contract specs. I'm pretty upset that bitmex profited on fees during that settlement period.
[2015-12-12 21:31:59] habibi : on one hand its just how system works, on other hands we asked both Sam and Arthur several times about how much funds were at insurance fund before dpe went shit, Artur said it was 0 btc when like 2-3 weeks ago Sam said it had 6 btc and there were no a single negative dpe since then
[2015-12-12 21:33:46] BitMEX_Sam : There appears to be a lot of confusion about how the system works
[2015-12-12 21:33:51] BitMEX_Sam : I posted this to help clear it up: https://www.reddit.com/r/BitcoinMarkets/comments/3wimu0/bitcoin_futures_exchange_bitmex_incurs_first_dpe/cxwixm5
[2015-12-12 21:33:52] TschavaTschigger : habibi: they used the insurance to keep the dpe zero
[2015-12-12 21:33:58] BitMEX_Sam : TschavaTschigger: Exactly
[2015-12-12 21:34:21] TschavaTschigger : it wasn't communicated clearly, but they did everything correct
[2015-12-12 21:34:32] TschavaTschigger : working as intented
[2015-12-12 21:34:37] habibi : so it had zero btc even before yesterday settlement like Artur said ?
[2015-12-12 21:34:54] BitMEX_Sam : No, that is a misunderstanding, but it was very low
[2015-12-12 21:35:04] BitMEX_Sam : The rapid movement wiped it out
[2015-12-12 21:35:18] habibi : k, BitMEX_Sam would be great for as soon possible public information about it in real data
[2015-12-12 21:35:21] habibi : real time*
[2015-12-12 21:35:41] BitMEX_Sam : When we publish DPE rates, they are indicative - as in, if the instrument settled right now, that's what the rate would
[2015-12-12 21:35:54] BitMEX_Sam : There is not a separate application of leftover funds from bankruptci
[2015-12-12 21:36:15] BitMEX_Sam : rate would be* , bankruptcies, sorry, keyboard is acting up
[2015-12-12 21:37:14] BitMEX_Sam : The system is exactly working as intended and as advertised. What we're taking from this is that users want more information about the insurance fund and better organization of settlement details, both of which we intend to address soon
[2015-12-12 21:37:37] TschavaTschigger : +1
[2015-12-12 21:37:53] wurstgelee : PIIING
[2015-12-12 21:39:21] podizzler3k : looks like okdumps got their shit together
[2015-12-12 21:39:21] podizzler3k : now they just need to recompile the pump bot
[2015-12-12 21:39:21] podizzler3k : clearly its broke
[2015-12-12 21:39:21] podizzler3k : probably had too many withdrawals, was getting close to halting. the "cold storage" isnt exactly available atm
[2015-12-12 21:39:21] podizzler3k : theoretically it is, in actuality its somewhere in star xu's couch cushions in his multi million $ villa
[2015-12-12 21:39:35] BitMEX_Sam : There we go - sorry about that, had to restart the IRC bot
[2015-12-12 21:39:52] wurstgelee : podizzler3k: haha
[2015-12-12 21:42:43] podizzler3k : thx sam im irc warrior
[2015-12-12 21:44:03] MrRGnome : BitMEX_Sam, would bitmex consider not taking fees on these kinds of incidents? It would go a long way to know you're experience socialized losses too.
[2015-12-12 21:56:11] podizzler3k : i seriously doubt they are taking fees on profits you dont receive
[2015-12-12 21:57:11] habibi : podizzler3k: they take on every taker tx u make
[2015-12-12 21:57:20] habibi : as on settlement
[2015-12-12 21:58:33] podizzler3k : right but if you are setling for reduced profits then they are settling for reduced fees
[2015-12-12 21:59:20] habibi : nah
[2015-12-12 22:03:05] BitMEX_Sam : I'm sorry but this is the way this kind of market works - remember this is 100x (without lending fees) on an instrument that just moved nearly 20% and back again in the span of about 4 hours. Highly leveraged positions have tradeoffs.
[2015-12-12 22:03:56] mwalshe99 : sam, i dont think many people understand how daily futures work
[2015-12-12 22:03:58] BitMEX_Sam : Re: not taking fees, we have to run a business, which costs; if we did that, we would have to raise fees other days to offset it, which would affect all users, not just the ones who made profit on a volatile contract.
[2015-12-12 22:04:01] mwalshe99 : dont worry about it
[2015-12-12 22:05:40] rapidtrades : BitMEX_Sam: the problem is ur putting the burden on the winning traders...if stupid newbies want to FOMO long, u should execute their stupid longs as market orders as soon as possible...u used limits and here we are
[2015-12-12 22:06:04] rapidtrades : it's not about leverage cos lev works both ways
[2015-12-12 22:06:07] habibi : BitMEX_Sam: we dont lend real btc so speaking of lending fees at btc futures is pretty way not the key :p
[2015-12-12 22:06:15] rapidtrades : for every buyer there's a seller, leveraged or not
[2015-12-12 22:06:43] rapidtrades : u can't run a trading exchange by catering to newbies imo, they will burn out eventually anyway
[2015-12-12 22:06:49] habibi : how u wanna market buy 50/100k orders when market orderbook is up to 20k only?
[2015-12-12 22:06:54] BitMEX_Sam : rapidtrades: The fact that we use limit orders to liquidate positions has nothing to do with the losses.
[2015-12-12 22:07:24] habibi : BitMEX_Sam: maybe
[2015-12-12 22:07:26] BitMEX_Sam : That strategy more often produces executions with remnants that offset DPE - the problem is that when the market moves quickly, the liquidity to execute large liquidations is simply not there
[2015-12-12 22:07:57] mwalshe99 : i dont know why this is an issue
[2015-12-12 22:08:05] habibi : maybe, u should just set a max ammount of contracts per account at one point?
[2015-12-12 22:08:25] sleger : habibi: thats not a good idea, i can just open 10 accounts.
[2015-12-12 22:08:48] habibi : sleger: same as u can do opposite trades by running two accounts
[2015-12-12 22:09:08] habibi : and playing against liquidation dpe process as we talked before
[2015-12-12 22:09:22] macios15 : cross fingers guys
[2015-12-12 22:09:23] macios15 : its the time
[2015-12-12 22:09:30] podizzler3k : time to sell
[2015-12-12 22:09:36] wurstgelee : into your orders? :D
[2015-12-12 22:09:47] rapidtrades : BitMEX_Sam: it absolutely does...I was out of all my trades and I had 0% at exit...still I got rekted with 24% because u couldn't properly execute a sell margin call
[2015-12-12 22:09:53] podizzler3k : you havent picked up on the chop pattern
[2015-12-12 22:09:57] podizzler3k : its pretty obvious at this point
[2015-12-12 22:10:05] wurstgelee : k
[2015-12-12 22:10:15] habibi : rapidtrades: u freakin idiot
[2015-12-12 22:10:22] rapidtrades : someone gets a margin call, sell them into the bids, one traders loss is another one gain
[2015-12-12 22:10:23] macios15 : ping going to knock down pong
[2015-12-12 22:10:42] habibi : thats how this system works ffs.
[2015-12-12 22:11:01] podizzler3k : rapidtrades you realize there is no perfect solution and this is the best? or you just want to complain for the sake of complaining
[2015-12-12 22:11:02] REKT : Liquidated short on XBT24H: Buy 953 @ 432.84
[2015-12-12 22:11:19] sleger : podizzler3k: this is not the best solution though, the one from bitVC makes so much more sense
[2015-12-12 22:11:22] rapidtrades : and this ''system'' is only used by bitcoin exchanges, everywhere else is close by market on the market
[2015-12-12 22:11:38] habibi : are u sure about this?
[2015-12-12 22:11:44] rapidtrades : yep