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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[2015-12-15 01:18:07] wurstgelee : i cant, someone posted it one twitter
[2015-12-15 01:18:08] habibi : who? satoshi
[2015-12-15 01:18:08] habibi : ?
[2015-12-15 01:18:12] laisee : the real FakeSatoshi?
[2015-12-15 01:18:13] wurstgelee : read it on my phone while on the road
[2015-12-15 01:18:16] wurstgelee : no, that wirght guy
[2015-12-15 01:18:19] wurstgelee : wright
[2015-12-15 01:18:26] habibi : or craig"i dont remember all my phds "
[2015-12-15 01:18:30] wurstgelee : that one
[2015-12-15 01:18:39] laisee : thought he tried to buy 70M in gold, but failed?
[2015-12-15 01:18:39] habibi : coz they are faked! - university says
[2015-12-15 01:19:02] habibi : any proof he got 100's thousdands of bitcoin?
[2015-12-15 01:19:15] wurstgelee : iirc yes
[2015-12-15 01:19:30] wurstgelee : some document of the gold purchase
[2015-12-15 01:19:39] wurstgelee : ~330k bitcoins? iirc?
[2015-12-15 01:19:40] laisee : none I have seen. he was staying in fairly ordinary house for such a claimed bazillianire
[2015-12-15 01:19:40] thoth : ok habibi lover calm down its just money
[2015-12-15 01:19:50] wurstgelee : might be wrong, but some fucking high number
[2015-12-15 01:19:57] wurstgelee : far beyond 100k
[2015-12-15 01:20:17] laisee : any, you know, addtesses sighted?
[2015-12-15 01:22:17] habibi : ok who will smoke with me?
[2015-12-15 01:22:22] habibi : regural cigarrette
[2015-12-15 01:23:04] habibi : shiet noone:(
[2015-12-15 01:23:19] habibi : rapidtrades: come with me, i will tell how to make some money so u can do later much bigger shorts
[2015-12-15 01:24:07] laisee : habibi: > regural?
[2015-12-15 01:24:18] wurstgelee : cigarette, yep
[2015-12-15 01:24:23] wurstgelee : then bedtime finally
[2015-12-15 01:24:31] wurstgelee : have to get up in 4,5h again
[2015-12-15 01:24:34] wurstgelee : :(
[2015-12-15 01:24:39] habibi : yea, marlboro or sth
[2015-12-15 01:24:52] laisee : ... or sth
[2015-12-15 01:24:55] habibi : night man, dont leave position overnight
[2015-12-15 01:24:56] macios15 : no chance for now, 3k gain resistance
[2015-12-15 01:25:04] wurstgelee : i will leave it overnight
[2015-12-15 01:25:13] wurstgelee : sold 60% for 100% win, leting the rest roll on isolated
[2015-12-15 01:25:15] wurstgelee : cant lose ;)
[2015-12-15 01:25:20] wurstgelee : cant lose ;)#
[2015-12-15 01:25:22] wurstgelee : *t
[2015-12-15 01:25:24] wurstgelee : hjbcdskjdsanfalnm
[2015-12-15 01:26:22] justinlooking : macios15: ironically 450 semms to be holding on finex
[2015-12-15 01:27:01] macios15 : justinlooking: are u even lookin on sth diffrent than huobi/okc
[2015-12-15 01:27:15] habibi : finex is broken
[2015-12-15 01:27:18] habibi : thats why
[2015-12-15 01:27:33] wurstgelee : finex still higher than 24h here with premium
[2015-12-15 01:28:18] justinlooking : habibi: ?
[2015-12-15 01:32:20] wurstgelee : finex 454, index below 450
[2015-12-15 01:32:35] cataquil : whenever we get into rally mode the XBTCNY/USDCNH trades at a premium to XBTUSD
[2015-12-15 01:32:35] wurstgelee : seriouslly, fuck u coinbase :(
[2015-12-15 01:32:43] wurstgelee : *-l
[2015-12-15 01:32:55] cataquil : when it comes down the premium will flatten out
[2015-12-15 01:33:35] wurstgelee : yes ofc
[2015-12-15 01:33:54] wurstgelee : at least currently since the pumps are china-driven
[2015-12-15 01:34:28] cataquil : tradeview pro has good cross rate tools
[2015-12-15 01:34:36] cataquil : but my demo is finished
[2015-12-15 01:35:03] macios15 : i think now its time to dump
[2015-12-15 01:35:09] wurstgelee : at least coinbase bot action stopped so it will normalize tomorrow unless they repeat that shit
[2015-12-15 01:35:15] macios15 : like 50 cny
[2015-12-15 01:35:17] cataquil : didn't you say that bofore
[2015-12-15 01:35:27] cataquil : china dumps around 3-4 GMT
[2015-12-15 01:35:46] wurstgelee : yep, then we usually go up around 7-8 gmt
[2015-12-15 01:38:31] cataquil : sunday mornings dump was fierce
[2015-12-15 01:38:38] cataquil : glad I closed b4 bed
[2015-12-15 01:40:00] wurstgelee : fuck this, closed everything, i need sleep ;)
[2015-12-15 01:41:17] wurstgelee : good night, brb oO
[2015-12-15 01:51:56] cataquil : nn
[2015-12-15 01:52:29] podizzle3k : 20:38 - cataquil: sunday mornings dump was fierce
[2015-12-15 01:52:39] podizzle3k : thats usually the case, esp when you have a lot of beers on the weekend
[2015-12-15 02:00:02] macios15 : i wonder that logic huobi last week 11m btc volume LETS make index based on coinbase xD
[2015-12-15 02:02:13] podizzle3k : huobi and okc use CNY
[2015-12-15 02:02:27] podizzle3k : the okcoin in the index is their USD exchange
[2015-12-15 02:02:48] podizzle3k : thats why you see no huobi or btcchina
[2015-12-15 02:03:34] macios15 : podizzle3k: this site could be in cny too, no problem in that
[2015-12-15 02:04:39] BitMEX_Sam : Yeah, XBX is BTC/USD markets only
[2015-12-15 02:05:26] podizzle3k : i think maybe the problem is the fluctuating exchange rate between usd/cny? tradeblock caters to a lot of bitcoin for usd comapnies
[2015-12-15 02:05:37] podizzle3k : like libertyx
[2015-12-15 02:14:49] sleger : 3000+
[2015-12-15 02:16:59] macios15 : rekt incoming?
[2015-12-15 02:18:35] REKT : Liquidated short on XBT24H: Buy 5777 @ 456.07
[2015-12-15 02:18:44] laisee : whats oppsite of REKT?
[2015-12-15 02:19:20] sleger : TKER
[2015-12-15 02:19:32] macios15 : 46-tf
[2015-12-15 02:20:49] macios15 : daily so retarded wtf
[2015-12-15 02:35:22] rapidtrades : did okcoin stop charging on market orders? pretty sure I exited at market yet I see no fees charge
[2015-12-15 02:35:34] rapidtrades : spot usd
[2015-12-15 02:36:36] podizzle3k : .2%
[2015-12-15 02:36:56] irbbqu : no maker fee
[2015-12-15 02:37:17] rapidtrades : nvm found them...they don't show them under orders not sure why
[2015-12-15 02:37:45] rapidtrades : there's a tab specifically says btc or usd fee and its always 0...
[2015-12-15 02:38:17] podizzle3k : cool story
[2015-12-15 02:51:30] zanza : 450's?!?!
[2015-12-15 02:52:16] zanza : is this relating to Fed announcement ?
[2015-12-15 03:02:36] REKT : Liquidated short on XBT24H: Buy 20000 @ 462.41 <b>MEGA-REKT</b>
[2015-12-15 03:03:36] REKT : Liquidated short on XBT24H: Buy 3116 @ 464.03
[2015-12-15 03:03:36] REKT : Liquidated short on XBT24H: Buy 2313 @ 464.00
[2015-12-15 03:07:06] REKT : Liquidated short on XBTZ15: Buy 10 @ 473.77
[2015-12-15 03:07:47] laisee : rekkage abounds
[2015-12-15 03:08:06] REKT : Liquidated long on XBT24H: Sell 500 @ 464.05
[2015-12-15 03:08:21] macios15 : wtf long
[2015-12-15 03:08:35] ethexio : lol
[2015-12-15 03:08:48] macios15 : this coinbase index suck ass
[2015-12-15 03:09:04] zanza : its Tradeblock
[2015-12-15 03:09:13] chromaticcr : isnt it accod. to the fair basis
[2015-12-15 03:09:24] zanza : its 52% weighted coinbase jhowever
[2015-12-15 03:09:45] chromaticcr : which depends on the orderbook of a contract
[2015-12-15 03:09:52] podizzle3k : lol liquidated long
[2015-12-15 03:10:12] macios15 : sb click on isolate
[2015-12-15 03:10:36] podizzle3k : its not 52% weighted conbase
[2015-12-15 03:11:00] podizzle3k : nm yes it is
[2015-12-15 03:11:12] podizzle3k : wow it went up a lot even after the volume bots got turned off
[2015-12-15 03:11:55] macios15 : podizzle3k: its just getting started, 4h sar to get
[2015-12-15 03:12:11] podizzle3k : dude
[2015-12-15 03:12:15] podizzle3k : just stop with the SAR
[2015-12-15 03:12:21] podizzle3k : its about as reliable as moon phase
[2015-12-15 03:12:32] podizzle3k : i agree it looks good tho :)
[2015-12-15 03:12:35] zanza : thie last time we hit 3130
[2015-12-15 03:12:41] zanza : we plummeted like 40 pts
[2015-12-15 03:12:50] zanza : 40 USD
[2015-12-15 03:13:05] podizzle3k : yes zanza its 3030 now tho
[2015-12-15 03:13:07] podizzle3k : not 3130
[2015-12-15 03:24:17] zanza : just saying that will be a huge resistance point
[2015-12-15 03:24:56] zanza : shorts are up on Finex
[2015-12-15 03:26:02] zanza : chipper is bullish as hell now
[2015-12-15 03:26:38] zanza : 6k floor at 3020
[2015-12-15 03:27:06] REKT : Liquidated long on XBT24H: Sell 1163 @ 461.45
[2015-12-15 03:28:58] macios15 : zanza: puf
[2015-12-15 03:29:10] zanza : macios15: ?
[2015-12-15 03:29:30] macios15 : zanza: where do u see it
[2015-12-15 03:31:26] REKT : Liquidated long on XBT24H: Sell 50 @ 459.73
[2015-12-15 03:31:26] REKT : Close your longs, close your shorts, choppy waters ahead
[2015-12-15 03:32:36] REKT : Liquidated long on XBT7D: Sell 3000 @ 466.56
[2015-12-15 03:33:47] micmix : how do you like trolling from the REKT bot? :-)
[2015-12-15 03:36:39] aethlios : what is this REKT???
[2015-12-15 03:36:58] laisee : getting ideas above it station, I would say
[2015-12-15 03:36:59] BitMEX_Sam : micmix's personal chatbox project. Works pretty well, to be honest
[2015-12-15 03:37:07] SnackyCoins : http://knowyourmeme.com/memes/rekt
[2015-12-15 03:37:12] BitMEX_Sam : Has been a good fill-in while we prepare the live liquidations API and handle some other features.
[2015-12-15 03:37:23] 24hourz : I love the rektbot troll ftw
[2015-12-15 03:37:29] SnackyCoins : ditto
[2015-12-15 03:37:46] laisee : random trading advice ;-)
[2015-12-15 03:38:53] micmix : BitMEX_Sam, if public API request is signed with an API key, does the request count toward account rate limit or IP rate limit?
[2015-12-15 03:44:28] BitMEX_Sam : micmix: Account
[2015-12-15 03:45:28] micmix : ok thanks, trying to optimize API requests for running multiple bots on multiple accounts from a single server
[2015-12-15 04:06:12] aethlios : BitMEX_Sam: Hi Sam, how long can a password be? is there a limit for the number of characters?
[2015-12-15 04:20:51] ethexio : lol
[2015-12-15 04:26:18] podizzle3k : haha
[2015-12-15 04:26:23] podizzle3k : how many you thinking aethlios
[2015-12-15 04:31:27] REKT : Close your longs, close your shorts, choppy waters ahead
[2015-12-15 04:42:11] REKT : Liquidated short on XBTH16: Buy 1000 @ 508.73
[2015-12-15 04:42:54] micmix : ^ this one old, had to restart the bot
[2015-12-15 05:07:12] podizzle3k : micmix is there any logic to the statements like hodl and choppy waters?
[2015-12-15 05:07:24] podizzle3k : like alternating longs an d shorts
[2015-12-15 05:13:51] ethexio : Choppy waters make solid seamen
[2015-12-15 05:14:23] ethexio : You can quote me if you'd like
[2015-12-15 05:53:13] SnackyCoins : ಠ_ಠ
[2015-12-15 06:02:14] micmix : podizzle3k: there are 3 conditions: longs getting liquidated quickly, shorts gettings liquidated quickly and alternating longs/shorts. the bot has several trollish messages for each condition
[2015-12-15 06:03:12] podizzle3k : hodl, chop and goblin town
[2015-12-15 06:03:17] podizzle3k : haha
[2015-12-15 06:04:05] podizzle3k : no wait
[2015-12-15 06:04:09] podizzle3k : isnt there a moon one
[2015-12-15 06:04:22] micmix : HODL when we're going town
[2015-12-15 06:04:23] podizzle3k : oh several for each i see very nice
[2015-12-15 06:04:35] micmix : * down
[2015-12-15 06:04:42] micmix : same as goblin town
[2015-12-15 06:36:07] zanza : is Hyperon down?
[2015-12-15 06:57:03] REKT : Liquidated long on XBT24H: Sell 66 @ 457.61
[2015-12-15 07:10:18] podizzler3k : coinbase is really gonna be 80% by tomorrow
[2015-12-15 07:10:26] podizzler3k : i wonder if that bot will turn on again
[2015-12-15 07:10:29] podizzler3k : i doubt it
[2015-12-15 07:39:07] cataquil : woow glad i did not close everything b4 bed
[2015-12-15 07:41:27] laisee : nice to make some $$$ while sleeping ;-)
[2015-12-15 07:42:22] cataquil : indeed
[2015-12-15 07:42:33] REKT : Liquidated long on XBT24H: Sell 400 @ 459.20
[2015-12-15 08:33:05] ethexio : podizzler3k: What do you mean coinbase 80%?
[2015-12-15 08:58:19] rapidtrades : Coinbase is at 68% right now, this index is a joke
[2015-12-15 08:58:46] zanza : whats wrong with Coinbase?
[2015-12-15 08:58:47] habibi : and ur trades are totally serious
[2015-12-15 09:02:58] zanza : http://i.imgur.com/J1E7qI6.gifv
[2015-12-15 09:13:20] justinlooking : my btce account is now flat for the month!
[2015-12-15 09:24:26] habibi : nice pre settlement premium
[2015-12-15 09:35:46] ethexio : oh..
[2015-12-15 09:39:45] TschavaTschigger : mornin
[2015-12-15 09:39:53] chromaticcr : hello~
[2015-12-15 09:49:55] REKT : Liquidated long on XBT24H: Sell 1000 @ 457.49
[2015-12-15 09:49:55] REKT : Liquidated long on XBT24H: Sell 50 @ 457.40
[2015-12-15 10:00:08] ethexio : chart borken?
[2015-12-15 10:00:27] BitMEX_Arthur : Which chart?
[2015-12-15 10:01:00] ethexio : reload fixed it. Chart tab.
[2015-12-15 10:02:07] ethexio : was funky, showed nothing - reload then it showed current price (5min) at 430
[2015-12-15 10:02:35] ethexio : Changed timeframe, now looks correct.
[2015-12-15 10:03:29] ethexio : yeah no. chart jacked.
[2015-12-15 10:04:04] ethexio : did it really dump to 451 just now?
[2015-12-15 10:07:00] ethexio : Charts being goofy. shows red candle from 460 to 451
[2015-12-15 10:07:25] ethexio : or did that happen?
[2015-12-15 10:07:27] TschavaTschigger : everything fine for me. restart browser.
[2015-12-15 10:08:13] ethexio : naw, i like it bonkers
[2015-12-15 10:08:32] ethexio : also .. dumpit.gif
[2015-12-15 10:09:49] habibi : settlement soon
[2015-12-15 10:09:52] habibi : u need to buy more guys
[2015-12-15 10:09:58] habibi : up to 460 please
[2015-12-15 10:10:31] laisee : can u offer some subsidy?
[2015-12-15 10:11:12] ethexio : bribe?
[2015-12-15 10:11:40] ethexio : going down to goblinville
[2015-12-15 10:11:43] habibi : yep. for every 10k contraccts bought at 361 i will give u back 0.1 btc
[2015-12-15 10:11:44] laisee : pls ... we are ethical traders here.
[2015-12-15 10:12:18] ethexio : seems legit, where do i sign up?
[2015-12-15 10:12:41] laisee : it's called "market support agreement for orderly trading to assist widows & orphans"
[2015-12-15 10:13:53] laisee : ummm, 361? Its a deal.
[2015-12-15 10:13:59] ethexio : s'more pls?
[2015-12-15 10:27:17] TschavaTschigger : eticthal? heard that word somewhere before
[2015-12-15 10:50:51] wurstgelee : good morning everyone
[2015-12-15 10:51:05] wurstgelee : i see coinbase 24h volume is decreasing fast now @ xbt index
[2015-12-15 10:51:18] wurstgelee : i hope they dont resume that shit today
[2015-12-15 10:51:30] BitMEX_Arthur : someone lost a shit ton of money
[2015-12-15 10:51:41] slacknation : y not resume? they're giving out money lol
[2015-12-15 10:51:49] BitMEX_Arthur : how do you suppose?
[2015-12-15 10:51:56] BitMEX_Arthur : you just get discounted fees
[2015-12-15 10:52:04] BitMEX_Arthur : if u cross a $10 spread no amount of fee discount
[2015-12-15 10:52:06] BitMEX_Arthur : saves your pnl
[2015-12-15 10:52:11] slacknation : their fees are by percent, not volume alone
[2015-12-15 10:52:23] BitMEX_Arthur : right but at no point do you get paid money by them
[2015-12-15 10:52:26] zanza : what did i miss?
[2015-12-15 10:52:28] BitMEX_Arthur : you just get a lower taker fee
[2015-12-15 10:52:31] BitMEX_Arthur : what am i missing
[2015-12-15 10:52:38] BitMEX_Arthur : i don't see possibly how this bot made monye
[2015-12-15 10:52:43] slacknation : what am i missing?
[2015-12-15 10:53:01] BitMEX_Arthur : do you think that bot that went crazy on cb yesterday made money?
[2015-12-15 10:53:13] slacknation : i said it was giving out money
[2015-12-15 10:53:17] slacknation : not making money
[2015-12-15 10:53:19] BitMEX_Arthur : ah ok
[2015-12-15 10:53:24] BitMEX_Arthur : i thought you meant cb was giving out money
[2015-12-15 10:53:58] zanza : slacknation: what do you mean ?
[2015-12-15 10:54:22] wurstgelee : that the bot was giving away free money to others
[2015-12-15 10:54:28] slacknation : u could have placed bid and ask and made money off it
[2015-12-15 10:54:29] zanza : oh lol
[2015-12-15 10:54:32] habibi : https://www.youtube.com/watch?v=Ax7e2Hw-JNA that was bot did
[2015-12-15 10:54:51] habibi : that what * :p
[2015-12-15 10:55:11] zanza : fun coupon
[2015-12-15 10:55:29] BitMEX_Arthur : does anyone have an estimate on how much it lost
[2015-12-15 10:56:08] zanza : BitMEX_Arthur: are you looking for investor for your company here?
[2015-12-15 10:56:38] BitMEX_Arthur : Yes we are currently in the middle of fundraising
[2015-12-15 10:56:40] wurstgelee : it did like 120k btc extra volume?
[2015-12-15 10:56:51] zanza : ok ill send an email
[2015-12-15 10:56:54] wurstgelee : so fees for that plus unknown amount of trading losses
[2015-12-15 10:56:56] wurstgelee : a lot :)
[2015-12-15 10:57:02] slacknation : BitMEX_Arthur: waiting for your blogpost for the answer
[2015-12-15 10:57:11] laisee : expensive marketing ...
[2015-12-15 10:57:32] BitMEX_Arthur : slacknation: I will see if i have the time over the weekend to dig through the trading data
[2015-12-15 10:57:59] zanza : is https://hypron.net/ down for yall ?
[2015-12-15 10:58:04] BitMEX_Arthur : assuming i can find tick by tick data
[2015-12-15 11:07:17] TschavaTschigger : I wonder what would have happened to the index-weighting if the bot had pushed the market to one side instead of just burning money on both sides
[2015-12-15 11:07:32] rapidtrades : :)
[2015-12-15 11:07:45] slacknation : tradeblock will just ignore it
[2015-12-15 11:08:20] habibi : wouldnt coinbase be automatically excluded for some time if price was far away from others exs?
[2015-12-15 11:08:48] TschavaTschigger : they will definitely deweight it, the question is just by how much
[2015-12-15 11:08:55] slacknation : weird logic if u ask me
[2015-12-15 11:11:11] TschavaTschigger : well it makes sense, prevents flash crashes for example
[2015-12-15 11:12:25] slacknation : volume determines if it's a flash crash,
[2015-12-15 11:14:27] slacknation : if i could buy a lot of volume below your index price, then your index is probably not accurate
[2015-12-15 11:17:13] TschavaTschigger : I don't get what you are saying. My point is that weighting by price-distance to other exchanges helps to prevent flash crashes. Volume does not. Volume in fact increases the effect of flash crashes.
[2015-12-15 11:18:25] TschavaTschigger : If coinbase-bot had gone one direction (down) yesterday , not only would coinbase price have gone downhill, but coinbase would have also had more weight on the index
[2015-12-15 11:19:03] slacknation : e.g. 5 exchanges are trading 20% of volume with similar prices while 1 exchange is trading 80% volume at much lower price, in this case tradeblock would ignore the single exchange
[2015-12-15 11:19:19] wurstgelee : thats the question if they would
[2015-12-15 11:19:31] wurstgelee : depends on how much volume weighs in in their algos
[2015-12-15 11:19:49] slacknation : price has a higher weight than vol in their algo
[2015-12-15 11:20:51] wurstgelee : yes, but if volume differences are extreme, like yesterday, price variance deweighting probably has less impact than it wought have at equal volume
[2015-12-15 11:20:52] TschavaTschigger : depends on the price distance to other exchanges obviously ;) you can't compare weights of two totally different parameters/scales
[2015-12-15 11:21:05] wurstgelee : *would
[2015-12-15 11:21:07] wurstgelee : lol
[2015-12-15 11:21:13] slacknation : were u guys in bitcoin in august? bfx price when down along with huge volume and was ignored by tradeblock
[2015-12-15 11:21:48] wurstgelee : last night, coinbase was $2 to $3 lower than any other exchange.
[2015-12-15 11:21:55] wurstgelee : the index price was @ coinbase levels
[2015-12-15 11:22:04] wurstgelee : what does that say about deweighting? :)
[2015-12-15 11:22:17] slacknation : eh, 2-3$ is not alot
[2015-12-15 11:22:33] wurstgelee : yes, but it was maybe 10-20 cents off from coinbase price
[2015-12-15 11:22:36] TschavaTschigger : yeah I know. the question is: how much does the price have to go down so that tradeblock significantly deweights it? we don't know out from 1-2 examples since we don't see the code
[2015-12-15 11:22:39] wurstgelee : deweighting should have happened, right?
[2015-12-15 11:23:22] slacknation : well if u want specifics then u'll have to work in tradeblock, they keep it a secret
[2015-12-15 11:23:29] wurstgelee : yep, ofc
[2015-12-15 11:24:12] slacknation : but if u're fine with non-specifics then price has a much higher weight than volume
[2015-12-15 11:24:51] wurstgelee : i am not blaming anyone. just expressing my general dissatisfaction with how it went. ;)
[2015-12-15 11:27:19] slacknation : now they do publish real time weightage of each exchange, so if u have the time u can find it out
[2015-12-15 11:28:08] slacknation : sorry, not real time, 24h average weightage
[2015-12-15 11:29:14] wurstgelee : yep, and according to that, volume is the most important factor
[2015-12-15 11:29:25] wurstgelee : volume is proportional to average weighting
[2015-12-15 11:29:37] wurstgelee : *almost
[2015-12-15 11:29:48] slacknation : eh, that is because their price are close now
[2015-12-15 11:30:38] wurstgelee : yes ofc - but it has always been proportional, at least every time i checked for the last weeks
[2015-12-15 11:30:56] wurstgelee : so price variance doesnt seem to have much influence
[2015-12-15 11:31:33] wurstgelee : anyways, it is what it is - no point in arguing, just have to deal with it ;)
[2015-12-15 11:34:31] TschavaTschigger : they should add okcoin and huobi to the index. weighted by volume of course... and if price of an exchange moves away from other exchanges, then increase weight of that specific exchange
[2015-12-15 11:34:57] TschavaTschigger : rollercoaster-dpe-party
[2015-12-15 11:40:10] SnackyCoins : then you have to fool with usd-cny rates
[2015-12-15 11:42:12] chromaticcr : more like usd-toiletpaper.... such devaluation
[2015-12-15 11:50:16] REKT : Liquidated long on XBT24H: Sell 551 @ 455.81
[2015-12-15 11:59:24] TschavaTschigger : lol
[2015-12-15 12:02:02] SnackyCoins : wow
[2015-12-15 12:02:08] SnackyCoins : everyone wants to set asks eh
[2015-12-15 12:05:08] laisee : tried @ 551, failed.
[2015-12-15 12:05:23] zanza : TschavaTschigger: doesn't the index already have chipper?
[2015-12-15 12:05:50] TschavaTschigger : zanza: just usd, the international version of chipper
[2015-12-15 12:05:56] TschavaTschigger : big volume is on cny market
[2015-12-15 12:05:58] SnackyCoins : not the woodchipper that matters
[2015-12-15 12:06:41] wurstgelee : mh. no clue what to do. so sidelines :|
[2015-12-15 12:07:24] SnackyCoins : lol we have some local fomo
[2015-12-15 12:07:32] wurstgelee : yep ;)
[2015-12-15 12:07:49] SnackyCoins : bfx actually going down lol
[2015-12-15 12:08:13] habibi : its not fomo
[2015-12-15 12:08:16] habibi : typical after settlement
[2015-12-15 12:10:57] habibi : glad u short anyway :p
[2015-12-15 12:11:13] SnackyCoins : me?
[2015-12-15 12:11:35] SnackyCoins : i have bids at 5 levels i want filled 8)
[2015-12-15 12:13:49] zanza : are we gunna have a 3130 smackdown again ?
[2015-12-15 12:16:22] SnackyCoins : 10c spread
[2015-12-15 12:16:28] SnackyCoins : and i am 10c grouped lol
[2015-12-15 12:24:16] hellyeahent : retest 460
[2015-12-15 12:29:09] wurstgelee : 2 early 2 tell imo
[2015-12-15 12:30:13] podizzle3k : wow that 24hr settlement was some BS
[2015-12-15 12:30:27] podizzle3k : 454.98
[2015-12-15 12:30:58] podizzle3k : more like conbase amirite
[2015-12-15 12:35:15] wurstgelee : u wanted higher?
[2015-12-15 12:38:45] chromaticcr : xbt7d now has even higher basis than 24h lol
[2015-12-15 12:40:39] wurstgelee : small dump
[2015-12-15 12:40:40] sleger : chromaticcr: if you think this is wrong why dont you buy 24h and sell 7D instead of just chatting ?
[2015-12-15 12:44:04] chromaticcr : i've got the position i need already. not thinking of increasing my leverage.
[2015-12-15 12:46:23] sleger : CEO's strategy huh
[2015-12-15 12:47:03] podizzle3k : is that a racist joke
[2015-12-15 12:47:11] podizzle3k : ban
[2015-12-15 12:47:18] wurstgelee : lol :D
[2015-12-15 12:47:41] sleger : I did type C.E.O.
[2015-12-15 12:49:03] wurstgelee : replacements should happen in both ways
[2015-12-15 12:49:07] wurstgelee : to increase fun
[2015-12-15 12:50:12] sleger : The only fun allowed here should be rapidtrades comments
[2015-12-15 12:51:22] podizzle3k : i dont think we're gonna make it to 475
[2015-12-15 12:51:39] wurstgelee : dunno, small long tho
[2015-12-15 12:51:54] podizzle3k : the selling pressure is getting big
[2015-12-15 12:51:57] podizzle3k : real big
[2015-12-15 12:52:44] wurstgelee : podizzle3k: 2880ish was the same
[2015-12-15 12:52:50] wurstgelee : even more pressure probably
[2015-12-15 12:52:58] wurstgelee : went up nonetheless
[2015-12-15 12:53:15] podizzle3k : i dont mean on the order books i mean on okc futures
[2015-12-15 12:53:35] wurstgelee : oh ok
[2015-12-15 12:53:37] podizzle3k : over 650k open contracts with 50% longs
[2015-12-15 12:53:45] podizzle3k : historically that is doomsday type stuff
[2015-12-15 12:54:06] podizzle3k : 750k / 55% and im out completely
[2015-12-15 12:54:43] wurstgelee : url again please? cant find it in my bookmarks
[2015-12-15 12:54:44] wurstgelee : ffs
[2015-12-15 12:56:38] podizzle3k : https://www.okcoin.com/future/futureTop.do?type=0&symbol=0
[2015-12-15 12:56:59] podizzle3k : the unit is BTC by default you have to be logged into see the contracts
[2015-12-15 12:57:21] podizzle3k : either way trust me those are high numbers
[2015-12-15 12:59:17] sleger : but they're high numbers both ways since long=-short
[2015-12-15 12:59:18] wurstgelee : no trust problem, i just want to have that view open myself
[2015-12-15 12:59:19] wurstgelee : ;)
[2015-12-15 12:59:25] wurstgelee : also np @ login, logged in
[2015-12-15 13:00:31] hellyeahent : acumulation than pump :)
[2015-12-15 13:03:53] podizzle3k : sleger theyre not high numbers both ways if you look. the longs are 2:1
[2015-12-15 13:04:12] podizzle3k : you have to look at sentiment index for that
[2015-12-15 13:46:07] REKT : Liquidated short on XBT24H: Buy 1 @ 459.93
[2015-12-15 13:46:07] REKT : Big whale detected
[2015-12-15 13:46:07] REKT : Liquidated short on XBT24H: Buy 4950 @ 460.28
[2015-12-15 13:46:30] nickhnt : big whale detected?
[2015-12-15 13:46:48] wurstgelee : dont know, dont care
[2015-12-15 13:46:50] wurstgelee : i like it :)
[2015-12-15 13:47:01] wurstgelee : oh lol, that message
[2015-12-15 13:47:08] nickhnt : bring me da bitcorns
[2015-12-15 13:47:25] nickhnt : dunno why the bot said that
[2015-12-15 13:47:36] podizzle3k : because 1 contract
[2015-12-15 13:47:39] podizzle3k : its a joke
[2015-12-15 13:47:50] wurstgelee : why doesnt it say rapidtrades detected then?
[2015-12-15 13:48:02] nickhnt : lol now i see
[2015-12-15 13:48:59] wurstgelee : finex 460 =)
[2015-12-15 13:57:59] hellyeahent : in be4 panic buy ^^
[2015-12-15 13:58:12] habibi : out be4 panic sell
[2015-12-15 13:58:13] habibi : :D
[2015-12-15 14:01:38] hellyeahent : now test 3100 CNY
[2015-12-15 14:02:20] habibi : or 3000
[2015-12-15 14:03:00] hellyeahent : 3000 was tested already, every dip below 3015 was insta bought to over 3020
[2015-12-15 14:05:32] hellyeahent : just woried about margin funding, rates might go rly high
[2015-12-15 14:06:47] hellyeahent : perfect, bitfinex "test dump"
[2015-12-15 14:07:27] hellyeahent : 15m avg holds strong
[2015-12-15 14:11:03] rekt101 : when are withdrawals processed?
[2015-12-15 14:11:34] BitMEX_Arthur : rekt101: They were just processed
[2015-12-15 14:11:40] rekt101 : thanks
[2015-12-15 14:19:39] messiaen8844 : thougts? https://www.tradingview.com/x/FHUyCK5U/
[2015-12-15 14:22:23] hellyeahent : I would connect 3345 and 3132 cny. That means we reach 3100 and insta dump. I trade that today
[2015-12-15 14:24:27] messiaen8844 : indeed, could be:
[2015-12-15 14:24:28] messiaen8844 : https://www.tradingview.com/x/0yxkfg19/
[2015-12-15 14:24:55] messiaen8844 : we could spike throught 3100 THEN dump some
[2015-12-15 14:26:22] messiaen8844 : seems like a good region to take profits and wait for support line bounce or breakout for reentry
[2015-12-15 14:27:14] hellyeahent : im selling 468$ but I think we will break 470$
[2015-12-15 14:29:21] sleger : I think the roulette will go to black but I am betting on red
[2015-12-15 14:30:38] BitMEX_Sam : Ah, the classic "I hate money" strategy.
[2015-12-15 14:31:31] messiaen8844 : lol, how's that?
[2015-12-15 14:31:42] wurstgelee : i think i probably just burn my money so i dont have to bother if long or short.
[2015-12-15 14:31:48] hellyeahent : Nope, its called "do not air for top just to miss is for 2$ "
[2015-12-15 14:32:15] hellyeahent : aim * it *
[2015-12-15 14:32:44] sleger : alright so you're saying it will go down but might go higher by a few $
[2015-12-15 14:33:19] messiaen8844 : for me more like "take partial profits on resistance zones" , rebuy the dips, and if strong momentum get back in soon
[2015-12-15 14:33:20] hellyeahent : I can sell not at top and buy lower than I sold, so yes
[2015-12-15 14:35:02] messiaen8844 : BitMEX_Sam: Care to explain it? Hate money as in "not letting profits run" ?
[2015-12-15 14:35:05] hellyeahent : but we shall see, maybe we have triple top at 460$ and we will go to 445-450
[2015-12-15 14:36:19] hellyeahent : I do that today:
[2015-12-15 14:36:20] hellyeahent : http://i.imgur.com/tkNAUXX.png
[2015-12-15 14:37:42] messiaen8844 : I've seen that kind of chart before. do you post them on reddit ?
[2015-12-15 14:38:56] hellyeahent : no, its borrowed
[2015-12-15 14:39:03] hellyeahent : or stolen :D
[2015-12-15 14:39:56] messiaen8844 : people have all kind of unorthodox charts in BTC world hehe
[2015-12-15 14:41:19] hellyeahent : Im noob trader (only 2 years experience) but I love it
[2015-12-15 14:47:31] messiaen8844 : noob aswell, enjoying a lot trading BTC since november, before I was just holding
[2015-12-15 14:51:36] messiaen8844 : luckily for us market has been easy lately, very directional in larger time frames
[2015-12-15 15:13:08] REKT : Liquidated short on XBT24H: Buy 30 @ 462.06
[2015-12-15 15:13:28] messiaen8844 : finex buying
[2015-12-15 15:13:59] wurstgelee : yep
[2015-12-15 15:14:12] hellyeahent : hmm looks strong..
[2015-12-15 15:14:56] TschavaTschigger : what the hell is going on? we had no significant sale for 1 hour
[2015-12-15 15:15:55] habibi : magic
[2015-12-15 15:15:57] sleger : and the premium so low lol
[2015-12-15 15:16:30] hellyeahent : yes I cant understand that "fair price"
[2015-12-15 15:17:49] wurstgelee : it will move up eventually
[2015-12-15 15:17:55] wurstgelee : maybe
[2015-12-15 15:17:57] wurstgelee : :p
[2015-12-15 15:18:12] wurstgelee : coinbase is still dragging the index down, 50% only now tho
[2015-12-15 15:18:56] hellyeahent : how is fair price calculated ?
[2015-12-15 15:19:06] sleger : it follows the market premium with some moving average
[2015-12-15 15:19:17] sleger : the formula is hidden from the users
[2015-12-15 15:19:21] rapidtrades : yeah when I complained about tat shitexchange being in the index I got mocked...now u see why low volume shithouses shouldn't be used for futures settlement
[2015-12-15 15:19:41] wurstgelee : rapidtrades: the problem was not low volume but extreme volume
[2015-12-15 15:19:41] BitMEX_Sam : sleger: The formula is not hidden, it is documented here: https://www.bitmex.com/app/dynamicProfitEqualisation#fair-price-marking
[2015-12-15 15:19:48] wurstgelee : in case u missed that @ rapidtrades
[2015-12-15 15:20:08] sleger : BitMEX_Sam: How is fair basis computed ?
[2015-12-15 15:20:15] BitMEX_Sam : Read the document, it explains it.
[2015-12-15 15:20:50] sleger : BitMEX_Sam: my apologies
[2015-12-15 15:23:01] sleger : BitMEX_Sam: so fair basis is instantaneous now ?
[2015-12-15 15:23:42] hellyeahent : damn huobi do not follow okcoin as always..
[2015-12-15 15:23:58] sleger : I just placed an order for 11btc at 463 offer side, and fair price was above 463, how is that possible ?
[2015-12-15 15:26:44] BitMEX_Sam : It is not realtime, it recalculates every 30sec.
[2015-12-15 15:27:29] hellyeahent : if settlement happens I have to pay over 2$ per 1 BTC invested right ? (0,5%)
[2015-12-15 15:27:57] sleger : no
[2015-12-15 15:28:27] sleger : most likely you will have new glasses before then and read the fee correctly
[2015-12-15 15:28:34] wurstgelee : sleger: rofl
[2015-12-15 15:29:15] hellyeahent : :D
[2015-12-15 15:29:58] sleger : but this settlement fee is still twice what it should be, it should be half of maker and taker fee and it is not
[2015-12-15 15:31:27] habibi : who is the taker and who is maker at settlement then ;p?
[2015-12-15 15:32:01] podizzle3k : yeah wtf
[2015-12-15 15:32:17] sleger : half
[2015-12-15 15:32:28] hellyeahent : 16k XBT volume = 160 BTC volume ?
[2015-12-15 15:33:03] habibi : yep
[2015-12-15 15:33:03] sleger : if people were smart here, they would place orders just around settlement price, alternate maker/taker and would end up paying less fees, unfortunately everytime i tried to do that there was nobody to sell
[2015-12-15 15:33:40] habibi : sleger: i am doing it
[2015-12-15 15:33:52] podizzle3k : why would anyone be the taker
[2015-12-15 15:33:55] podizzle3k : whats teh incentive
[2015-12-15 15:34:00] j8 : how would you pay less alternating? still 0.05%
[2015-12-15 15:34:05] sleger : because I would put a bid above settlement price
[2015-12-15 15:34:17] sleger : to split incentive
[2015-12-15 15:34:38] TschavaTschigger : I am doing that too
[2015-12-15 15:34:43] rapidtrades : watch out everybody...smone keeps dropping the stupid bombs today
[2015-12-15 15:34:54] podizzle3k : i think its easier just to gtfo before settlment tbh
[2015-12-15 15:35:20] podizzle3k : 9 times out of 10 the fair price 2 hours before settlement is above the eventual settlment price
[2015-12-15 15:35:43] podizzle3k : and if your short better to just ride it out
[2015-12-15 15:35:47] podizzle3k : at least in this trend
[2015-12-15 15:35:54] TschavaTschigger : sleger is right, it's technically 0.1% settlement fee (overall, for both parties), while doing the trade ("manual settlement") is 0.05% overall
[2015-12-15 15:35:57] TschavaTschigger : makes no sense indeed
[2015-12-15 15:35:58] j8 : i had 23800 filled as maker 7 seconds before settlement
[2015-12-15 15:35:59] sleger : still in the last seconds its worth doing
[2015-12-15 15:36:20] laisee : what pod said. settle before you get charged at a price u choose.
[2015-12-15 15:36:30] sleger : TschavaTschigger: Someone's train of thoughts has left the station, maybe you could have brought more people on board :)
[2015-12-15 15:37:15] podizzle3k : sleger do you always throw a slighted insult at everyone when you make a comment or is that anew thing for you
[2015-12-15 15:37:48] sleger : no always has been
[2015-12-15 15:37:55] TschavaTschigger : i've been doing that for weeks, but I usually never end up with large positions close to settlement
[2015-12-15 15:38:04] TschavaTschigger : so I don't really care
[2015-12-15 15:38:24] sleger : I have large positions, I tried a few times, put bids 0.1 above settlement price and almost noone took it
[2015-12-15 15:38:37] TschavaTschigger : just saying the settlement fee structure makes no sense. if all traders were smart, there would be 0 open interest at settlement
[2015-12-15 15:38:58] sleger : exactly my point
[2015-12-15 15:38:59] rapidtrades : cos takers have to pay 16 cents...why would they take ur bids...do basic math ffs
[2015-12-15 15:39:12] rapidtrades : sry 24 cents
[2015-12-15 15:39:25] sleger : they will pay it anyways and at a lower price, do basic reasoning ffs
[2015-12-15 15:40:27] rapidtrades : they pay 24 at entry plus another 16 at settlement so u have to offer 40 cents
[2015-12-15 15:40:36] j8 : yes it makes sense if the taker is closing, not opening
[2015-12-15 15:40:43] laisee : math fight, math fight ....
[2015-12-15 15:40:43] rapidtrades : ah right...
[2015-12-15 15:40:56] sleger : someone's train of thoughts never left the factory
[2015-12-15 15:40:59] rapidtrades : still doesn't add up
[2015-12-15 15:41:09] rapidtrades : 16 >10, have to offer more
[2015-12-15 15:41:24] sleger : I offer better than what they have it is still worth it
[2015-12-15 15:41:40] podizzle3k : so that s your 100k
[2015-12-15 15:41:51] TschavaTschigger : you really try to explain it to him :D
[2015-12-15 15:42:03] sleger : who else will do it otherwise
[2015-12-15 15:42:30] podizzle3k : only works for people trying to buy
[2015-12-15 15:42:40] podizzle3k : majority of people are long atm i imagine
[2015-12-15 15:42:45] laisee : sleger: > could you put this in a spreadsheet and run a onine tutorial.
[2015-12-15 15:42:52] sleger : Funny how he realized he was wrong but still trying to argue I had to offer more though
[2015-12-15 15:42:55] rapidtrades : dude...if u offer me 10 cents I still have to pay 24 cents to take ur bid...so how does it make sense
[2015-12-15 15:43:00] sleger : laisee: sure, I charge about 2btc an hour though
[2015-12-15 15:43:07] podizzle3k : yeah make a powerpoint too
[2015-12-15 15:43:22] wurstgelee : maybe upload a video to youtube, waering a batman mask
[2015-12-15 15:43:26] podizzle3k : +1
[2015-12-15 15:43:26] wurstgelee : *wearing
[2015-12-15 15:43:34] laisee : and all in a big, faat PDF so we can email to everyone.
[2015-12-15 15:43:40] podizzle3k : and rapidtrades wearing a robin costume by your side
[2015-12-15 15:43:46] wurstgelee : lol :D
[2015-12-15 15:43:55] wurstgelee : excellent