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 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
[2015-12-12 22:11:51] podizzler3k : personally i prefer this way without the price dumping $10s of dollars at a time due to cascading calls
[2015-12-12 22:11:53] BitMEX_Sam : You can't compare bitcoin markets to other markets in this way
[2015-12-12 22:11:59] podizzler3k : if you guys like bitvc i recommend trading there
[2015-12-12 22:12:10] sleger : i do, thanks
[2015-12-12 22:12:14] BitMEX_Sam : We are 24hrs, traditional markets are not. We offer more leverage. We cannot go after customers if their accounts go bankrupt.
[2015-12-12 22:12:19] habibi : what are the fees there podizzler3k?
[2015-12-12 22:12:24] BitMEX_Sam : It requires a completely different risk management system.
[2015-12-12 22:12:26] podizzler3k : no clue im satisfied
[2015-12-12 22:12:32] habibi : lel
[2015-12-12 22:23:34] rapidtrades : BitMEX_Sam: I think u have a point, even if bitmex used market orders, the volatility from okc and other leveraged platforms would spill over
[2015-12-12 22:24:20] rapidtrades : we have to go after them as well, to try and change this stupid execution system and socialized losses
[2015-12-12 22:29:07] justinlooking : bull or bear rapid :D
[2015-12-12 22:36:08] habibi : hm bitvc has 0.03% comision on opening position/none on closing
[2015-12-12 22:36:20] habibi : seems like fees here are the highest :p
[2015-12-12 22:42:42] REKT : Liquidated short on XBT7D: Buy 700 @ 438.11
[2015-12-12 22:47:32] 24hourz : BitMEX_Sam: I know yall have received a lot of flack for the socialized loss system etc. Just wanted to let yall know I understand why it is a needed evil in a system with such leverage without all the crazy go after customers with legal teams type of schemes that traditional markets have
[2015-12-12 22:48:26] 24hourz : keep doing yall. This exchange is one of the best both in ui and execution and deff my favorite. (not even mentioning the support which is grade A)
[2015-12-12 22:49:17] booey : 2nd that
[2015-12-12 22:49:49] Swedishnut : indeed Bitmex is good sauce
[2015-12-12 22:50:04] wurstgelee : 24hourz: +1
[2015-12-12 22:54:13] cekseh : here here
[2015-12-12 22:54:30] justinlooking : can dpe be exploited in the way previously discussed? I don't really get it
[2015-12-12 22:54:32] REKT : Liquidated short on XBT24H: Buy 3900 @ 435.41
[2015-12-12 22:55:00] cekseh : The fees here a lower than anywhere else I've traded, so long as you don't fat finger market buy. Impatience will rekt you every time
[2015-12-12 22:55:18] wurstgelee : sometimes educated fomo is the way to go tho ;)
[2015-12-12 22:55:53] BitMEX_Sam : Thanks everyone - we do our best
[2015-12-12 22:56:01] BitMEX_Sam : cekseh: I have something for that, that will be deploying soon
[2015-12-12 22:56:26] cekseh : You have something for what?
[2015-12-12 22:57:50] BitMEX_Sam : Fat fingering
[2015-12-12 22:58:06] BitMEX_Sam : We have an additional confirmation dialog that will show up if you're going to execute too far into the market
[2015-12-12 22:58:20] BitMEX_Sam : And of course like all of them it can be disabled in preferences if it gets on your nerves.
[2015-12-12 23:02:39] cekseh : I wasn't implying that it was a bad thing, theres a time and place to fomo. =)
[2015-12-12 23:04:38] wurstgelee : :D
[2015-12-12 23:04:58] wurstgelee : yep, i misread
[2015-12-12 23:05:17] sleger : BitMEX_Sam: agree that liquidations orders should be executed deeper in the market. Instead of hoping for 0 dpe and one day getting 24% would much rather get 0-2% all the time
[2015-12-12 23:06:01] justinlooking : something to catch price typos would be very welcome
[2015-12-12 23:10:03] cekseh : When trading with money it is important to make sure you don't enter the wrong numbers, since numbers of rather important.
[2015-12-12 23:10:16] cekseh : Capt obvious to the rescue
[2015-12-12 23:10:19] cekseh : =D
[2015-12-12 23:10:39] wurstgelee : haha
[2015-12-12 23:12:07] habibi : i used to miss that few times cekseh:p
[2015-12-12 23:12:31] habibi : specially when clicking on orderbook to grab some number contracts and it rapidly changes
[2015-12-12 23:16:23] justinlooking : rektage incoming
[2015-12-12 23:16:51] wurstgelee : depends
[2015-12-12 23:16:56] wurstgelee : a short rektage
[2015-12-12 23:16:59] wurstgelee : yep, probably
[2015-12-12 23:17:30] wurstgelee : lol @ okc trading 20 above hu0bi
[2015-12-12 23:18:03] irbbqu : Must...MC...bottomshorts...
[2015-12-12 23:19:36] podizzler3k : no rektbot?
[2015-12-12 23:19:46] wurstgelee : seen i a few times
[2015-12-12 23:19:48] wurstgelee : no rekts probably
[2015-12-12 23:20:12] wurstgelee : haha, hu0bi clearly disagrees
[2015-12-12 23:24:17] wurstgelee : nice buys orders
[2015-12-12 23:27:38] habibi : again some big holder will fuck up dpe :p?
[2015-12-12 23:28:20] wurstgelee : well, not the right spot i think
[2015-12-12 23:28:31] wurstgelee : hes clearly down currently
[2015-12-12 23:28:43] habibi : depends he is fomo
[2015-12-12 23:28:45] habibi : or he knows
[2015-12-12 23:28:52] habibi : but i quess its fomo
[2015-12-12 23:28:59] habibi : too much fomo is bad
[2015-12-12 23:29:02] wurstgelee : yep
[2015-12-12 23:29:12] habibi : fomo like that can ruin nice
[2015-12-12 23:29:35] wurstgelee : i was tempted to sell into those buys, should have done it :/
[2015-12-12 23:29:47] habibi : i sold
[2015-12-12 23:29:49] habibi : opened short
[2015-12-12 23:29:55] habibi : close short 2 dollars lower
[2015-12-12 23:30:05] wurstgelee : yep, exactly ;)
[2015-12-12 23:30:08] habibi : just fomo counter things
[2015-12-12 23:30:38] wurstgelee : didnt know how to handle the 20 gap between okc and huobi
[2015-12-12 23:30:40] wurstgelee : so i didnt
[2015-12-12 23:33:36] zanza : good morning
[2015-12-12 23:33:51] habibi : evening here, heey
[2015-12-12 23:34:11] mrp1nk : out
[2015-12-12 23:34:21] habibi : too late
[2015-12-12 23:35:01] wurstgelee : damn, that would have been a good short ;)
[2015-12-12 23:36:43] habibi : yea, longing from 230 on march 25 would be good long too
[2015-12-12 23:36:47] habibi : but who known?
[2015-12-12 23:36:49] habibi : :p
[2015-12-12 23:36:54] wurstgelee : :D
[2015-12-12 23:37:35] wurstgelee : Cpt Hindsight is a good friend of Cpt.Obvious
[2015-12-12 23:37:50] habibi : cpt dreamer is in both these guys
[2015-12-12 23:38:13] wurstgelee : that sounds a little gay somehow
[2015-12-12 23:38:28] habibi : aka wish thinker
[2015-12-12 23:38:33] habibi : true
[2015-12-12 23:38:56] wurstgelee : still 10 CNY gap
[2015-12-12 23:38:59] wurstgelee : weird
[2015-12-12 23:39:22] habibi : okc leader
[2015-12-12 23:39:28] habibi : whale waiting for hobi
[2015-12-12 23:39:33] habibi : dont want to use own fiat to pump
[2015-12-12 23:39:38] habibi : so let people do it
[2015-12-12 23:39:43] wurstgelee : hu0bi doesnt play along so far
[2015-12-12 23:39:46] habibi : just a theory
[2015-12-12 23:40:00] macios15 : guys if we go up to 2950 we got nice upward canal
[2015-12-12 23:40:18] habibi : if we go up to 6300 we will go nice upward canal to 6301
[2015-12-12 23:40:20] habibi : wordd
[2015-12-12 23:40:30] macios15 : then break 3132-3345
[2015-12-12 23:40:33] wurstgelee : bull trend is not broken anyways imo
[2015-12-12 23:40:35] macios15 : and moon zone
[2015-12-12 23:41:00] zanza : wurstgelee: true, but people gunna get very jumpy once 3100 hits
[2015-12-12 23:41:09] zanza : (if it hits again)
[2015-12-12 23:41:12] macios15 : it looks more like eliot waves than clear pump
[2015-12-12 23:41:16] wurstgelee : will/should
[2015-12-12 23:41:39] habibi : anyway still double top with 2nd lower, bubble ended and so is possible as well, right?
[2015-12-12 23:41:39] zanza : yes the bull trend looks alive still
[2015-12-12 23:41:47] zanza : habibi: possible
[2015-12-12 23:42:05] wurstgelee : i like the trend intact theory more
[2015-12-12 23:42:07] wurstgelee : :D
[2015-12-12 23:42:13] habibi : just look at gox data after 1151 and look for same pattern now
[2015-12-12 23:42:13] zanza : 3340 is previous resistance
[2015-12-12 23:42:16] habibi : in smaller timeframe
[2015-12-12 23:44:42] psyfur : i think now its not a doubletop
[2015-12-12 23:45:00] psyfur : gonna look for a good long entry
[2015-12-12 23:45:01] sleger : thanks for bringing the price back up guys
[2015-12-12 23:45:11] wurstgelee : sleger: it was you right?
[2015-12-12 23:45:13] wurstgelee : the buys? :)
[2015-12-12 23:45:18] macios15 : range for this triangle is 2950-3k i think
[2015-12-12 23:45:21] macios15 : i mean breakout
[2015-12-12 23:45:26] wurstgelee : @ 442?
[2015-12-12 23:45:34] habibi : it was him :)
[2015-12-12 23:45:52] REKT : Liquidated short on XBT24H: Buy 1528 @ 440.45
[2015-12-12 23:45:53] wurstgelee : thougt that anyways ;)
[2015-12-12 23:45:59] wurstgelee : *h
[2015-12-12 23:46:09] sleger : no i was waiting to sell back higher than previous 24h settlement
[2015-12-12 23:46:34] habibi : so u still have ur contracts from previous 24 ? :D
[2015-12-12 23:46:39] wurstgelee : haha
[2015-12-12 23:47:12] REKT : Liquidated short on XBT24H: Buy 14300 @ 442.52 <b>MEGA-REKT</b>
[2015-12-12 23:47:16] wurstgelee : "i refuse to pay the clawback, i keep my contracts."
[2015-12-12 23:47:22] habibi : lololol
[2015-12-12 23:47:30] wurstgelee : lolol
[2015-12-12 23:47:48] wurstgelee : mewn
[2015-12-12 23:47:52] habibi : sleger: close a bit of ur short on this.
[2015-12-12 23:48:12] macios15 : that premium
[2015-12-12 23:53:06] habibi : anyway sleger i wish u rekt, nothing personal just jealous u made too much money yesterday :)
[2015-12-12 23:53:21] habibi : peace bro !
[2015-12-12 23:55:09] sleger : wurstgelee: yes i need these 5btc back
[2015-12-12 23:55:48] habibi : hopefully u will need to get 15 btc back ;p
[2015-12-12 23:55:51] habibi : tomorrow :p
[2015-12-12 23:56:05] sleger : habibi: i was overall long 100btc during the crash. I said i was long 400-500btc before, then at 450-460 I said I reduced my long to 100-200, which I reduced again during the crash, then after settlement this am long 600btc, now 400btc
[2015-12-12 23:56:32] habibi : but u were safe even at the bottom of crash right?
[2015-12-12 23:56:48] sleger : oh yeah of course, I NEVER leverage more than 3-4x
[2015-12-12 23:56:53] habibi : i mean u opened it in majority under 400?
[2015-12-12 23:57:06] sleger : my long ? around 200-220
[2015-12-12 23:57:12] habibi : and u close ur position fast to close lost?
[2015-12-12 23:58:14] sleger : ? what that mean
[2015-12-12 23:58:39] habibi : what u do when u getting loss on position like if we drop to 435
[2015-12-12 23:59:06] sleger : i dont "lose" i just gave back part of profits
[2015-12-12 23:59:17] sleger : not sure I understand what you're saying...
[2015-12-12 23:59:36] habibi : nvm then.
[2015-12-13 00:02:12] REKT : Liquidated long on XBT24H: Sell 2000 @ 438.32
[2015-12-13 00:09:46] habibi : sleger: u opening more and more?
[2015-12-13 00:09:53] sleger : yes
[2015-12-13 00:10:03] sleger : I'm gonna create 110% DPE
[2015-12-13 00:10:06] sleger : revenge time
[2015-12-13 00:10:11] habibi : :D
[2015-12-13 00:10:12] HowDoge : you guys needs to trigger a sound clip that goes MEGAREKT :D
[2015-12-13 00:10:39] habibi : so personal vendetta againts DPE
[2015-12-13 00:10:42] habibi : round 1
[2015-12-13 00:10:44] habibi : start
[2015-12-13 00:12:21] habibi : u know, its zero sum game, u win someone loose, so its good for majority as a weaker players than u to get u rekt :p
[2015-12-13 00:13:48] wurstgelee : good point ;)
[2015-12-13 00:16:38] habibi : gonna smoke
[2015-12-13 00:17:05] habibi : when i ll be back i wanna see sleger rekt :p
[2015-12-13 00:29:21] justinlooking : is okc broken?
[2015-12-13 00:29:28] habibi : why?
[2015-12-13 00:31:04] justinlooking : the depth (20 cny either way) on cny is behaving erratically
[2015-12-13 00:32:25] habibi : they manipulating order depth many times
[2015-12-13 00:33:24] justinlooking : in this size tho? smelly fucky
[2015-12-13 00:33:54] justinlooking : maybe it's whalesong
[2015-12-13 00:36:15] habibi : weeklys are pretty cheap, why?
[2015-12-13 00:36:29] habibi : bulls burned too much last night ?
[2015-12-13 00:37:25] 24hourz : this is going to go up strong
[2015-12-13 00:37:32] habibi : coz?
[2015-12-13 00:38:09] wurstgelee : cos he wants you to buy his sells
[2015-12-13 00:38:10] wurstgelee : :D
[2015-12-13 00:39:04] 24hourz : breakout time ?
[2015-12-13 00:39:23] 24hourz : no fuel though
[2015-12-13 00:39:31] justinlooking : believe
[2015-12-13 00:41:00] 24hourz : I did and I went in
[2015-12-13 00:41:02] wurstgelee : i hate it when okc does those walkups in a straight line
[2015-12-13 00:41:41] 24hourz : yeah
[2015-12-13 00:42:28] wurstgelee : almost never ends well ;)
[2015-12-13 01:06:00] habibi : eh nice bid okc
[2015-12-13 02:16:54] habibi : sleger: why u going out of position?
[2015-12-13 02:33:07] zanza : Witam wszystkich , jak leci ?
[2015-12-13 02:38:27] habibi : nudno do przodu
[2015-12-13 02:38:32] habibi : a tam?
[2015-12-13 02:39:38] cataquil : frontrunner bot
[2015-12-13 02:39:48] habibi : 1k one?
[2015-12-13 02:39:54] cataquil : 49
[2015-12-13 02:40:04] habibi : ah why u care :p
[2015-12-13 02:40:53] cataquil : warp da spread
[2015-12-13 02:56:24] habibi : sleger: please stop ruining the market and stoping it
[2015-12-13 02:56:56] habibi : ah thank u
[2015-12-13 03:06:06] psyfur : premium shrunk from $8 to $2 lol
[2015-12-13 03:06:23] wurstgelee : and 2900 got smashed
[2015-12-13 03:14:10] habibi : sleger got scared of his position and stopped market
[2015-12-13 03:14:31] wurstgelee : is he shorting?
[2015-12-13 03:15:36] habibi : nah, long
[2015-12-13 03:15:57] habibi : for about 240 btc here @442
[2015-12-13 03:16:02] wurstgelee : why should he stop a market moving up then?
[2015-12-13 03:16:19] cataquil : well I hit those 47 bids at market
[2015-12-13 03:16:21] habibi : coz he started to getting out of this position and placed walls
[2015-12-13 03:16:35] habibi : so most action happened in front of walls
[2015-12-13 03:16:36] cataquil : by mistake, thought I was still long about 150
[2015-12-13 03:17:10] cataquil : so I bailed paying the spread for a .0008 loss
[2015-12-13 03:17:28] cataquil : going to bed
[2015-12-13 03:17:46] cataquil : hope she rallies for u all more tonite
[2015-12-13 03:32:54] REKT : Liquidated long on XBT24H: Sell 1000 @ 438.95
[2015-12-13 03:42:00] psyfur : tfw you go long when
[2015-12-13 03:42:12] psyfur : price was $10 cheaper
[2015-12-13 03:42:21] psyfur : and futures doesnt move
[2015-12-13 03:58:34] REKT : Liquidated long on XBT24H: Sell 1000 @ 438.08
[2015-12-13 03:59:34] REKT : Liquidated long on XBT24H: Sell 1046 @ 437.77
[2015-12-13 03:59:35] REKT : Liquidated long on XBT24H: Sell 12 @ 437.60
[2015-12-13 04:00:54] REKT : Liquidated long on XBT24H: Sell 31785 @ 435.98 <b>MEGA-REKT</b>
[2015-12-13 04:01:58] habibi : sleger: thats u?
[2015-12-13 04:02:04] REKT : Liquidated long on XBT24H: Sell 215 @ 433.89
[2015-12-13 04:02:04] REKT : Liquidated long on XBT24H: Sell 20000 @ 433.14 <b>MEGA-REKT</b>
[2015-12-13 04:02:07] sleger : no duh
[2015-12-13 04:02:21] sleger : i said my leverage is max 3-4
[2015-12-13 04:02:54] habibi : welcome dpeee
[2015-12-13 04:03:34] REKT : Liquidated long on XBT7D: Sell 100 @ 435.60
[2015-12-13 04:04:34] REKT : Liquidated long on XBT24H: Sell 2662 @ 423.39
[2015-12-13 04:04:54] REKT : Liquidated long on XBT24H: Sell 4953 @ 422.55
[2015-12-13 04:05:24] REKT : Liquidated long on XBT7D: Sell 5000 @ 430.41
[2015-12-13 04:05:30] 24hourz : getting rekt
[2015-12-13 04:06:51] 24hourz : bitcoin wisdom okcoin acting up for anyone else ?
[2015-12-13 04:06:53] psyfur : i bought, spot went up $10 but it only went up $2 here, then it dumped here in unison with spot
[2015-12-13 04:06:58] 24hourz : where to see the price live
[2015-12-13 04:07:06] psyfur : so, yeah.
[2015-12-13 04:07:20] podizzler3k : looks like more DPE
[2015-12-13 04:07:41] habibi : so basically i made like 0.7 btc trading
[2015-12-13 04:07:47] laisee : payfu> index price here is calculated on several exchanges.
[2015-12-13 04:07:48] habibi : and now 2 btc withheld
[2015-12-13 04:07:59] habibi : so can end up with less than i start?
[2015-12-13 04:08:15] wurstgelee : dpe going down again
[2015-12-13 04:08:56] psyfur : laisee i know but what i'm saying is 24h didn't move while price rallied like $8
[2015-12-13 04:09:13] psyfur : so i'm just annoyed
[2015-12-13 04:09:25] sleger : well so if dpe always eat 10-24% of your profit and you pay commissions seems like a loosing game
[2015-12-13 04:09:33] habibi : yep
[2015-12-13 04:09:43] habibi : u can gain money
[2015-12-13 04:09:56] habibi : and at settlement loose more then u earn
[2015-12-13 04:10:01] podizzler3k : i wonder if that guys 64k stop loss gonna get eaten
[2015-12-13 04:11:05] sleger : if not no point being short
[2015-12-13 04:11:13] habibi : thats what i had yesterday
[2015-12-13 04:11:18] habibi : same story sleger
[2015-12-13 04:11:24] habibi : but yesterday u were biggest holder
[2015-12-13 04:11:32] habibi : of shorts so u could still make some profit possible
[2015-12-13 04:11:43] sleger : XBT24H -39453
[2015-12-13 04:12:02] sleger : @436.08
[2015-12-13 04:12:23] habibi : u shorting?
[2015-12-13 04:12:25] habibi : atm?
[2015-12-13 04:13:35] sleger : no i shorted earlier
[2015-12-13 04:13:52] habibi : hm werent u 50k long?
[2015-12-13 04:13:53] 24hourz : next waterfall coming up
[2015-12-13 04:13:59] micmix : did we lose one MM today?
[2015-12-13 04:14:59] podizzler3k : come on china lets make those stop losses regret it
[2015-12-13 04:15:09] micmix : I wasn't paying attention earlier, maybe it's just now bc of volatility
[2015-12-13 04:16:31] 24hourz : willy about to dump on huobi
[2015-12-13 04:18:06] podizzler3k : 24hourz why you say
[2015-12-13 04:18:30] ethexio : Lol
[2015-12-13 04:19:35] micmix : what happened yesterday, big DPE?
[2015-12-13 04:19:41] sleger : wow someone selling lots
[2015-12-13 04:19:52] habibi : on 24?
[2015-12-13 04:19:57] habibi : guess thats u
[2015-12-13 04:19:59] sleger : yes i just bought 200btc
[2015-12-13 04:20:09] sleger : @427
[2015-12-13 04:20:18] habibi : it was closing position i guess
[2015-12-13 04:20:23] habibi : only 122k coontracts left
[2015-12-13 04:20:43] habibi : what did u do with long at 442?
[2015-12-13 04:20:44] micmix : yeah, there was a 20k+ sell posted
[2015-12-13 04:21:03] sleger : micmix: even after i took it there was more
[2015-12-13 04:21:06] micmix : my bot ate a bit
[2015-12-13 04:21:27] sleger : i went from short 200 btc to long 10
[2015-12-13 04:21:35] sleger : in xbt24h
[2015-12-13 04:22:00] micmix : good call, my bot almost closed short on that sell
[2015-12-13 04:25:01] podizzler3k : sleger bitvc is huobi futures basically?
[2015-12-13 04:25:04] podizzler3k : i was checking it out
[2015-12-13 04:25:21] sleger : not really no.
[2015-12-13 04:25:32] sleger : it is a hu0bi company yes
[2015-12-13 04:25:54] podizzler3k : i see
[2015-12-13 04:26:11] podizzler3k : sleger when did you go short yesterday
[2015-12-13 04:26:16] sleger : no dpe, when they cant close at market they reduce opposite positions which is awesome
[2015-12-13 04:26:34] podizzler3k : before the dump started or just as it started
[2015-12-13 04:26:41] sleger : @460 i went from long 400-500 to long 100
[2015-12-13 04:26:47] podizzler3k : i see
[2015-12-13 04:26:49] sleger : before
[2015-12-13 04:27:29] sleger : in the middle of the dump i went almost flat but i didnt post that as i was too busy. All my other trades were posted before moves happened.
[2015-12-13 04:27:53] 24hourz : here we go
[2015-12-13 04:29:04] habibi : where:D?
[2015-12-13 04:29:11] habibi : its end already, china stopped it
[2015-12-13 04:29:25] ethexio : Where we going?
[2015-12-13 04:29:34] habibi : hm its sunday
[2015-12-13 04:29:35] habibi : already
[2015-12-13 04:29:38] ethexio : To the right!
[2015-12-13 04:29:41] habibi : u want to go church?
[2015-12-13 04:29:53] ethexio : This is church.
[2015-12-13 04:29:59] zanza : is this the dump boys?
[2015-12-13 04:30:01] habibi : this is sanctuary
[2015-12-13 04:30:10] habibi : and be pray to DPE god
[2015-12-13 04:31:44] sleger : pray or prey...
[2015-12-13 04:32:02] 24hourz : huobi down
[2015-12-13 04:32:05] habibi : both
[2015-12-13 04:32:08] 24hourz : huobi ?
[2015-12-13 04:32:18] habibi : but yea, prey was the idea
[2015-12-13 04:32:26] 24hourz : okcoin
[2015-12-13 04:32:29] 24hourz : hahaha
[2015-12-13 04:32:41] habibi : huobi is not down
[2015-12-13 04:32:44] habibi : okcoin is working
[2015-12-13 04:32:48] habibi : stfu please :)
[2015-12-13 04:33:23] 24hourz : bitcoin wisdom has really not been cutting it on these dumps
[2015-12-13 04:33:42] habibi : yea wisdom sucks like at least few times per day these days
[2015-12-13 04:35:58] podizzler3k : all those stop losses that didnt fill filling up
[2015-12-13 04:42:45] wurstgelee : okcoin being like "dump? sec, ill undo it"
[2015-12-13 04:43:17] habibi : yea ctrl+z
[2015-12-13 04:44:30] zanza : BEAR TRAP
[2015-12-13 04:45:55] wurstgelee : that dump?
[2015-12-13 04:46:18] wurstgelee : for whale-sized bears maybe
[2015-12-13 05:11:46] uiop : 24hourz, habibi: it doesn't count as a big move unless wisdom breaks
[2015-12-13 05:25:09] zanza : do you guys think Fed will raise rates?
[2015-12-13 05:25:15] zanza : should I short SnP?
[2015-12-13 05:25:41] zanza : is rapidtrades on ?
[2015-12-13 05:27:09] laisee : zanza> if they don't raise rates things will get ... interesting. but looks like markets have priced in a raise.
[2015-12-13 05:53:37] chrisxbt : wow futures fomo'd hard
[2015-12-13 06:27:24] zanza : http://www.androidauthority.com/best-of-android-2015-camera-660810/
[2015-12-13 06:32:23] podizzler3k : fomo'd now?
[2015-12-13 06:32:32] podizzler3k : this like the 4th time we been here
[2015-12-13 06:32:44] podizzler3k : that was 30 minutes ago eh
[2015-12-13 06:38:58] podizzler3k : wow giant sell walls on both okc and huobi now
[2015-12-13 06:55:58] AudibleScience : my sell orders are posted with a dollar premium on cryptowat.ch?? anyone else noticed that?
[2015-12-13 08:26:33] ethexio : Help
[2015-12-13 08:30:03] BitMEX_Wally : ethexio: Hello
[2015-12-13 08:41:38] zanza : spike time
[2015-12-13 08:42:35] ethexio : Meh, laggy
[2015-12-13 08:51:38] podizzler3k : these walls at 2900 are re GD diculous
[2015-12-13 08:51:48] podizzler3k : combined 8000btc between okc and hub
[2015-12-13 08:51:53] podizzler3k : down a bit now
[2015-12-13 08:51:59] podizzler3k : but thats what it was an hour ago
[2015-12-13 09:06:56] TschavaTschigger : hm.. only 1.1 bitcoins.. https://www.dronesetc.com/products/vortex-racequad
[2015-12-13 09:12:05] podizzler3k : well when you put it that way...
[2015-12-13 09:12:11] podizzler3k : only 1.1?
[2015-12-13 09:12:19] podizzler3k : ill take 10
[2015-12-13 09:16:48] TschavaTschigger : yeah, in bitcoin everything seems so fuking cheap
[2015-12-13 09:40:41] zanza : what would you do with those?
[2015-12-13 09:40:51] zanza : its actually 1100 mbtx
[2015-12-13 09:45:07] REKT : Liquidated long on XBT24H: Sell 402 @ 434.26
[2015-12-13 10:04:06] podizzler3k : doh
[2015-12-13 10:04:24] podizzler3k : mbtx? really
[2015-12-13 10:04:38] podizzler3k : id rather use satoshis
[2015-12-13 10:05:33] podizzler3k : 1100 ksats
[2015-12-13 10:09:00] TschavaTschigger : 1100 kats is wrong btw
[2015-12-13 10:09:53] TschavaTschigger : should be 110k ksats
[2015-12-13 10:12:26] TschavaTschigger : zanza: racing?
[2015-12-13 10:12:34] TschavaTschigger : zanza: it's fun
[2015-12-13 10:17:13] TschavaTschigger : i feel like we are gonna crash today
[2015-12-13 10:32:05] podizzler3k : oh yeah
[2015-12-13 10:32:12] podizzler3k : 110k ksats
[2015-12-13 10:32:14] podizzler3k : haha
[2015-12-13 10:32:55] podizzler3k : 1.1 megasats
[2015-12-13 10:47:45] TschavaTschigger : wrong again.... 110 megasats lol
[2015-12-13 10:48:30] TschavaTschigger : 0.11 gigasats sounds cool
[2015-12-13 10:49:48] TschavaTschigger : i will use nothing but megasat and gigasat on bitmex from now on
[2015-12-13 11:10:11] thehawthorne : god im sober
[2015-12-13 11:10:13] thehawthorne : tell me
[2015-12-13 11:10:22] thehawthorne : what happened last 12 hours
[2015-12-13 11:11:52] TschavaTschigger : not much I think, but I was sleeping too
[2015-12-13 11:13:48] AudibleScience : thehawthorne: up a bit... then a bit of a crash and then a semi-recovery... and then a lot of sideways action!
[2015-12-13 11:14:27] AudibleScience : thehawthorne: lol but you can just look at the chart... to see what I mean...
[2015-12-13 11:15:09] thehawthorne : tried.. headache won't let me seriously look at anything though
[2015-12-13 11:15:52] AudibleScience : thehawthorne: lol then you have my summary for now...
[2015-12-13 11:16:01] thehawthorne : need to order some pizza to maintain functionality
[2015-12-13 11:16:19] thehawthorne : yep, thanks. :-)
[2015-12-13 11:17:50] HotDogs : Big saturday night
[2015-12-13 11:18:04] AudibleScience : thehawthorne: pizza sounds like a great idea! ;-)
[2015-12-13 11:32:09] rapidtrades : any bot makers around? paging micmix:
[2015-12-13 11:32:33] cataquil : yep 72
[2015-12-13 11:32:54] cataquil : well its runnin
[2015-12-13 11:33:01] cataquil : i mean
[2015-12-13 11:33:34] rapidtrades : no I have some questions re: where to start
[2015-12-13 11:34:16] cataquil : u code?
[2015-12-13 11:39:09] rapidtrades : not yet
[2015-12-13 11:39:43] TschavaTschigger : i'm not an expert, but I guess if you wanna start coding from zero, start with python... powerful yet easy to learn
[2015-12-13 11:41:52] TschavaTschigger : quite popular for any kind of bots
[2015-12-13 11:43:28] rapidtrades : yeah looks like c++ and python are the two main options...is c++ faster?
[2015-12-13 11:44:03] TschavaTschigger : speed doesn't matter in the bitcoin trading world
[2015-12-13 11:44:11] cataquil : probably colocating close to bitmex server is more important than language
[2015-12-13 11:45:07] TschavaTschigger : speed difference for small bot logic between language is mikroseconds, maybe even jsut nanoseconds
[2015-12-13 11:45:08] habibi : ah people would pay tens of btc to have automated integration of rapidtrades reversed indicator in bot
[2015-12-13 11:45:15] cataquil : I remember in 2006 I could get fills in forex/futures with bloomberg news feed wired to submit order based on GDP or NFP for example
[2015-12-13 11:45:59] cataquil : but by 2008 the big algo companies colocated on the exchange were quote stuffing out everybody
[2015-12-13 11:46:32] cataquil : a big race on the wire new york->chicago
[2015-12-13 11:46:33] TschavaTschigger : real financial markets are much more liquid, plus they have the infrastructure to allow fast algo trading
[2015-12-13 11:46:51] TschavaTschigger : bitcoin trading is not that speed dependent, especially not here on bitmex
[2015-12-13 11:48:00] rapidtrades : I plan to use the language in forex as well, but I won't need much speed over there. I will need speed in bitcoin cause I want to program mm and arbs bots
[2015-12-13 11:48:26] TschavaTschigger : so you don't know how to code, but you wanna write trading bot for forex markets?
[2015-12-13 11:48:29] TschavaTschigger : good luck
[2015-12-13 11:48:54] deeprocks : hey guys
[2015-12-13 11:49:20] habibi : hello
[2015-12-13 11:52:13] cataquil : it depends what you want to do
[2015-12-13 11:52:53] cataquil : if it is a strategy, like a sunday gap fill, or some technical strategy then fine
[2015-12-13 11:53:13] cataquil : but if you are looking at frontrunning order flow then you have serious competition
[2015-12-13 11:54:30] TschavaTschigger : cataquil: not on bitmex though
[2015-12-13 11:54:35] rapidtrades : in forex I will just automate my current strats. they're more longterm
[2015-12-13 11:55:08] cataquil : well exactly and that obviously the arb that algos from other markets see here
[2015-12-13 11:55:20] rapidtrades : also test new strats
[2015-12-13 11:55:25] cataquil : there are plenty of resources online
[2015-12-13 11:55:26] cataquil : https://github.com/joequant/bitquant
[2015-12-13 11:55:54] rapidtrades : tnx, added to bookmarks
[2015-12-13 11:56:58] cataquil : the human neuro wiring is vastly more intricate and can process multiple technical and fundamental events
[2015-12-13 11:57:47] cataquil : however the language processing code of reneissance capital can process a fed speech faster than you can download the pdf from bloomberg
[2015-12-13 11:58:16] cataquil : but not feds in bitcoin
[2015-12-13 12:00:51] TschavaTschigger : true
[2015-12-13 12:02:08] TschavaTschigger : for my master thesis I am doing NLP sentiment analysis of tweets about companies and look for correlations to stock price/vola/volume
[2015-12-13 12:02:49] rapidtrades : how much would it cost me to outright buy some simple arb/mm bots?
[2015-12-13 12:03:02] rapidtrades : well relatively simple
[2015-12-13 12:03:16] rapidtrades : not just blindly quote bid/asks on top
[2015-12-13 12:04:11] laisee : check out bitmex mm python code, it's free and simple enough you could easily adapt.
[2015-12-13 12:04:35] TschavaTschigger : you can't just buy free profits... if the profits the bot makes is greater than it's price, the coders of the bot wouldn't sell it but trade themselves
[2015-12-13 12:05:27] laisee : exactly, Renaissance doesn't sell its code.
[2015-12-13 12:06:04] rapidtrades : well I still see and do arbs across exchanges, so the market is not saturated yet...but a bot would do a better job when it comes to execution
[2015-12-13 12:06:31] rapidtrades : basically I would say when its GO and the bot will have the job of doing the arb
[2015-12-13 12:06:43] thehawthorne : You don't need any code. its in your head. everything.
[2015-12-13 12:06:55] laisee : thats easy enough to code, nothing fancy about execution scripts
[2015-12-13 12:07:16] rapidtrades : it's just too slow, especially when things move, browser trading sucks @thehawthorne
[2015-12-13 12:07:46] thehawthorne : It does. If you are not on profit.
[2015-12-13 12:07:52] laisee : one drawback ... some API get lagged badly when price action is highest
[2015-12-13 12:08:38] cataquil : TschavaTschigger: https://www.marketpsych.com/
[2015-12-13 12:08:47] rapidtrades : so I guess scripts would work ok too I guess, doesn't have to be a bot that runs all the time
[2015-12-13 12:09:59] cataquil : laisee: thanks
[2015-12-13 12:10:25] laisee : yes, best to test out the idea using some execution scripts then automate data collection and signal generation. finally you can put it together if profits are there.
[2015-12-13 12:11:44] laisee : cataquil: > nice link. reading 'thinking fast & slow" now, have you heard of it?
[2015-12-13 12:11:46] TschavaTschigger : cataquil: they only use finance-specific tweets :(
[2015-12-13 12:11:57] cataquil : yeah its amazing that there is still arbs in this market, people were talking about that years ago
[2015-12-13 12:12:07] cataquil : ahh so do a bitcoin one
[2015-12-13 12:12:43] TschavaTschigger : cataquil: no, I mean, the only use finance-tweets about companies... they don't cover things like "fucking apple, this ipad is shit"
[2015-12-13 12:12:56] TschavaTschigger : only finance-related tweets
[2015-12-13 12:13:33] TschavaTschigger : i guess they parse the stock symbol, you only get a very very small subset and IMHO its hard to get meaningful results out of that
[2015-12-13 12:16:18] HotDogs : I think you would find much more value looking at strange moves in OTM options on US equities
[2015-12-13 12:16:43] TschavaTschigger : even for huge companies like apple, there are sometimes 10-15 minutes gaps for finance tweets
[2015-12-13 12:16:47] HotDogs : insiders love to load up on options before big moves, i bet if you tested you would find statistical significance
[2015-12-13 12:19:10] AudibleScience : how come our mark price on 24h is so high right now?
[2015-12-13 12:19:59] habibi : fomo traders
[2015-12-13 12:20:11] AudibleScience : tradeblock hasn't been near 439 in the last 30 minutes?
[2015-12-13 12:20:16] BitMEX_Arthur : The premium is a representation of implied volatility for 24 hours
[2015-12-13 12:22:46] AudibleScience : is it not just a 30-minute TWAP of TradeBlock then?
[2015-12-13 12:22:50] cataquil : TschavaTschigger: I am glad you see things lacking there, so there is more development to do...if it aint out there somewhere else
[2015-12-13 12:23:10] cataquil : it was just an example
[2015-12-13 12:23:13] BitMEX_Arthur : AudibleScience: That is how the settlement price at 12:00 GMT is calculated
[2015-12-13 12:23:34] BitMEX_Arthur : 11:30 to 12:00 GMT 30 minute TWAP using 1 minute snaps
[2015-12-13 12:24:08] cataquil : I think also marketpsych was driven off stocktweets where tweets would have hashtags of stock symbols
[2015-12-13 12:24:24] AudibleScience : I see... and is the mark price calculation prop.?