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.

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[2015-12-16 12:00:09] habibi : thank
[2015-12-16 12:00:10] habibi : 1 btc
[2015-12-16 12:00:12] habibi : off
[2015-12-16 12:00:15] habibi : sheeeet
[2015-12-16 12:00:16] j8 : lol
[2015-12-16 12:00:43] laisee : got 5k tickets in X24H lottery ;-)
[2015-12-16 12:00:48] j8 : -7 btc over here
[2015-12-16 12:00:57] wurstgelee : damn, that hurt
[2015-12-16 12:00:59] habibi : j8: nice
[2015-12-16 12:00:59] donkey : well that was fun...
[2015-12-16 12:01:22] SnackyCoins : nobody wants to sell eh
[2015-12-16 12:01:30] laisee : where do I claim my prize, habibi?
[2015-12-16 12:02:25] habibi : its already on ur account
[2015-12-16 12:02:27] habibi : gj
[2015-12-16 12:03:00] hellyeahent : why is fair price so low ?
[2015-12-16 12:03:09] hellyeahent : ok now better :D
[2015-12-16 12:03:15] hellyeahent : this is broken :P
[2015-12-16 12:03:25] laisee : but ... I was first. Don't I get a medal or something.
[2015-12-16 12:03:54] habibi : u get, but due to unexpected dpe, we are out of money. u need to send us 1 btc so we can give u medal
[2015-12-16 12:04:14] laisee : sounds fair. whats the address.
[2015-12-16 12:04:52] laisee : 1GreatestFoole88888w234534345
[2015-12-16 12:05:36] irbbqu : I miss panic whale shorter :(
[2015-12-16 12:05:40] wurstgelee : yep
[2015-12-16 12:06:05] wurstgelee : gonna get coffee and smoke a cig, maybe he will be back when i return
[2015-12-16 12:06:12] hellyeahent : guys put some buy orders at 400+ plz
[2015-12-16 12:06:13] irbbqu : Even though he made me so scared I closed a bunch at 443 lol
[2015-12-16 12:06:25] hellyeahent : U cant lose on that
[2015-12-16 12:07:02] habibi : btw that finex market buy almost 4k
[2015-12-16 12:07:06] habibi : that was short close?
[2015-12-16 12:07:50] irbbqu : Dont think so, maybe some stops but margin longs went down 400k or so.
[2015-12-16 12:08:21] hellyeahent : https://bfxdata.com/sentiment/longshort
[2015-12-16 12:08:24] hellyeahent : nope it wasnt
[2015-12-16 12:08:48] hellyeahent : or small
[2015-12-16 12:10:16] hellyeahent : yesterday china wanted to buy everything under 3100 and now they struggle when finex catched up ~7$'s
[2015-12-16 12:20:47] Rasign : Index is broken ?
[2015-12-16 12:21:04] wurstgelee : no?
[2015-12-16 12:21:17] wurstgelee : connection quality getting worse again
[2015-12-16 12:21:20] Rasign : why he doesn't go down
[2015-12-16 12:21:22] wurstgelee : at least for me
[2015-12-16 12:21:23] Rasign : then
[2015-12-16 12:21:35] Rasign : ah finally
[2015-12-16 12:21:46] wurstgelee : https://tradeblock.com/markets/index/
[2015-12-16 12:22:07] wurstgelee : index mostly follows finex
[2015-12-16 12:22:13] wurstgelee : currently
[2015-12-16 12:22:36] Rasign : ok thx
[2015-12-16 12:22:39] wurstgelee : finex and okc usd
[2015-12-16 12:22:41] wurstgelee : =)
[2015-12-16 12:43:57] podizzle3k : why the index gotta be like that
[2015-12-16 12:43:59] podizzle3k : whats his problem
[2015-12-16 12:45:19] rapidtrades : are u guys still trading the daily?
[2015-12-16 12:45:42] rapidtrades : nvm, ur all bulls here, ofc ur are
[2015-12-16 12:46:20] habibi : lel
[2015-12-16 12:46:22] sleger : yes 100% of the contracts are long, they are all opened against noone
[2015-12-16 12:46:23] habibi : ofcourse
[2015-12-16 12:46:26] habibi : best profits in short term
[2015-12-16 12:46:33] habibi : hey sleger
[2015-12-16 12:46:41] habibi : how are u mate?
[2015-12-16 12:46:50] sleger : excellent
[2015-12-16 12:46:50] podizzle3k : right because bitcoin could never possibly go up $2 in the next 23 hours
[2015-12-16 12:46:52] podizzle3k : thats ridiculous
[2015-12-16 12:46:55] podizzle3k : im shorting the premium
[2015-12-16 12:47:10] podizzle3k : you act like its a $20 premium
[2015-12-16 12:47:32] habibi : sleger: did u short last night so hard?
[2015-12-16 12:47:36] habibi : under spot?
[2015-12-16 12:49:36] sleger : i'd never sell below spot
[2015-12-16 12:49:42] sleger : since i can sell spot
[2015-12-16 12:50:00] habibi : good
[2015-12-16 12:50:22] habibi : thought u got liquidated after u run away after dumb and short liquidation seconds later
[2015-12-16 12:50:48] TschavaTschigger : well, seems like we all made profit and no-one lost ;-)
[2015-12-16 12:50:51] sleger : i use small leverage (2-4) so hard to get liquidated
[2015-12-16 12:51:06] habibi : TschavaTschigger: thats what i meant to say
[2015-12-16 12:51:21] laisee : dumb is a bit string, eh?
[2015-12-16 12:51:35] laisee : ^strong
[2015-12-16 12:52:08] Rasign : TschavaTschigger: Rekt is coming
[2015-12-16 12:52:16] Rasign : don't worry
[2015-12-16 12:52:28] TschavaTschigger : hopefully
[2015-12-16 12:52:49] sleger : i dont like rekt, it makes dpe
[2015-12-16 12:53:09] podizzle3k : not if the margin call is filled it doesnt
[2015-12-16 12:53:24] sleger : thank you, you think i dont know that
[2015-12-16 12:53:29] podizzle3k : np
[2015-12-16 12:55:01] habibi : sleger: so basically u got rekt
[2015-12-16 12:55:06] habibi : coz there was dp3 :(
[2015-12-16 12:55:15] sleger : there was dpe on 24h ?
[2015-12-16 12:55:22] habibi : lel
[2015-12-16 12:55:31] habibi : are u sure we are on same page?
[2015-12-16 12:55:44] sleger : Last thing I said before settlement was that I was almost flat, I had position less than 5btc in absolute value
[2015-12-16 12:55:59] sleger : cant remember if long or short
[2015-12-16 12:56:03] podizzler3k : sleger yes someone shorted 200k+ contracts at 440
[2015-12-16 12:56:14] podizzler3k : got burnt bad
[2015-12-16 12:56:14] sleger : XBT24H Buy 856 856 0 459.37 459.37 3.9322 XBT 0.0019 XBT Settlement
[2015-12-16 12:56:21] habibi : average price was probally around 430-440
[2015-12-16 12:56:26] habibi : coz final liq went to 443
[2015-12-16 12:56:39] podizzler3k : only takes $3 to liquidate on 100x
[2015-12-16 12:56:42] sleger : there I was short 4btc on 24h, that was before market dump
[2015-12-16 12:56:50] podizzler3k : of course you did
[2015-12-16 12:57:00] sleger : how much was DPE ?
[2015-12-16 12:57:03] habibi : i really dont think someone would be so stupid to play that position without cross marg
[2015-12-16 12:57:04] podizzler3k : a lot
[2015-12-16 12:57:05] habibi : 33%
[2015-12-16 12:57:34] sleger : wow, that 24h contract is starting to become a nightmare
[2015-12-16 12:57:34] podizzler3k : habibi maybe it was someone that 200k contracts is like 2000 contracts to us
[2015-12-16 12:57:45] habibi : podizzler3k: still
[2015-12-16 12:57:51] sleger : 100% of losses, but keep 66% of winning, and then fees
[2015-12-16 12:57:52] podizzler3k : sleger the $30-40 flash dumps dont help thats for sure
[2015-12-16 12:58:03] habibi : if u opening isolated positions and building it still on isolated
[2015-12-16 12:58:12] habibi : wrecking is must be basically
[2015-12-16 12:58:32] TschavaTschigger : people keep stating someone went short 200k at 440
[2015-12-16 12:58:35] podizzler3k : have you guys checked out https://www.*uobi.com/k/spot
[2015-12-16 12:58:36] TschavaTschigger : can't find that in the trade history
[2015-12-16 12:58:41] podizzler3k : new trading interface pretty snazzy
[2015-12-16 12:59:05] habibi : i am using spot since long time ago
[2015-12-16 12:59:10] habibi : to watch price movement
[2015-12-16 12:59:21] habibi : but now they changed it a bit @graphic
[2015-12-16 12:59:42] j8 : TschavaTschigger: it traded down to 404 and he had bankruptcy price 443. a lot filled in the 430's
[2015-12-16 12:59:53] sleger : 33% dpe wow... I got lucky i had tiny negative profit so wasnt affected
[2015-12-16 13:00:20] podizzler3k : same here. btw i sold before settlement to avoid the .1% thanks for that tip
[2015-12-16 13:00:21] TschavaTschigger : j8: kk
[2015-12-16 13:00:53] sleger : podizzler3k: well done. I try when I can, but with the big positions I had, pretty tough
[2015-12-16 13:02:43] sleger : I have 77% of open position of one of the contracts
[2015-12-16 13:03:04] sleger : I guess I could move the price quite a lot if I wanted to on that one.
[2015-12-16 13:04:33] REKT : Liquidated long on XBT24H: Sell 432 @ 460.69
[2015-12-16 13:07:00] TschavaTschigger : lol... dat bot
[2015-12-16 13:10:26] Rasign : Rekt was coming
[2015-12-16 13:14:01] podizzler3k : TOKYO, Dec 16 (KUNA) -- China's central bank on Wednesday weakened the mid-point rate for the Chinese yuan (renminbi) against the US dollar at the lowest level in more than four years.
[2015-12-16 13:14:17] podizzler3k : better escape to bitcoin chinapeepz
[2015-12-16 13:17:00] habibi : how long till fed meeting?
[2015-12-16 13:17:26] sleger : 6h
[2015-12-16 13:17:49] habibi : sleger: any calls in case they increase rates?
[2015-12-16 13:18:12] sleger : wont do anything to bitcoin
[2015-12-16 13:18:23] sleger : sell high yield etf
[2015-12-16 13:18:38] habibi : yep, asking about forex rather
[2015-12-16 13:18:45] BitMEX_Wally : podizzler3k: `sold before settlement to avoid the .1%` the settlement fee is 0.05%?
[2015-12-16 13:18:49] TschavaTschigger : news like this are not interesting for bitcoin... things that are important for bitcoin price: 1) companiez that invest huge™ sumz in bitcoin technologee 2) who gets promoted as /r/btc mod 3) chinese ponziss?? 4) whatever the fukk roger ver is doing
[2015-12-16 13:19:16] TschavaTschigger : oh and 5) 101 or 1010101?
[2015-12-16 13:19:35] podizzler3k : wally i thought it was .1 thats what people were saying here yesterday
[2015-12-16 13:19:56] BitMEX_Wally : podizzler3k: https://www.bitmex.com/app/fees
[2015-12-16 13:20:32] podizzler3k : i see, guess i should have fact checked. ill never get that .0003btc back
[2015-12-16 13:20:33] TschavaTschigger : it is 0.1% for both parties alltogether
[2015-12-16 13:20:42] podizzler3k : gonna go look for ways to end it all
[2015-12-16 13:20:45] podizzler3k : bbnever
[2015-12-16 13:20:49] TschavaTschigger : maker+taker together is 0.05%,
[2015-12-16 13:21:08] BitMEX_Wally : It makes sense to get out with a passive order before hand, and earn 0.025%
[2015-12-16 13:21:13] BitMEX_Wally : But then who will pay 0.075% right before settlement?
[2015-12-16 13:21:16] podizzler3k : ok back i changed my mind
[2015-12-16 13:21:18] podizzler3k : its only money
[2015-12-16 13:21:59] podizzler3k : a lot of times the fair price is a bit inflated about an hour before settlement
[2015-12-16 13:22:12] podizzler3k : so i sometimes dump then
[2015-12-16 13:22:23] podizzler3k : usually pays off
[2015-12-16 13:22:44] TschavaTschigger : BitMEX_Wally: the fee structure doesn't make sense. there is an incentive not to settle for all users = if all users had a brain, there would be 0 contracts at settlement every time
[2015-12-16 13:24:03] podizzler3k : i sold at 459.50
[2015-12-16 13:24:08] podizzler3k : settlement was 459.37
[2015-12-16 13:24:16] podizzler3k : was the .075% worth it? who the hell knows
[2015-12-16 13:24:25] podizzler3k : what do i look like stephen hawkin
[2015-12-16 13:25:34] habibi : basically other u count from ur total position or 100x ur margin
[2015-12-16 13:25:45] habibi : dump
[2015-12-16 13:26:19] podizzler3k : haha you call that a dump
[2015-12-16 13:26:37] BitMEX_Wally : TschavaTschigger: We are happy for people to arb the fees at settlement
[2015-12-16 13:26:59] habibi : TschavaTschigger: they got still the same
[2015-12-16 13:27:11] habibi : 0.075 from taker side and -0.025 for maker
[2015-12-16 13:27:15] habibi : still 0.05%
[2015-12-16 13:27:31] podizzler3k : yeah wheres the incentive to arb
[2015-12-16 13:27:58] BitMEX_Wally : Both sides of a settlement pay 0.05% so if long and short collude they can reduce their total fees on settlement
[2015-12-16 13:28:08] TschavaTschigger : exactly
[2015-12-16 13:28:23] j8 : it means the futures market is unstable around the settlement price.
[2015-12-16 13:28:30] habibi : ah right
[2015-12-16 13:28:40] habibi : so 0.05% instead 0.1%
[2015-12-16 13:28:47] habibi : from two parties
[2015-12-16 13:29:01] BitMEX_Wally : Given a 30 minute calculation window for the settlement price the futures market is quite boring in the last 5 minutes
[2015-12-16 13:29:21] j8 : it shouldn't be if everyone closes out for half the fees
[2015-12-16 13:29:49] TschavaTschigger : it means that you are worse of settleing.. and IMHO that shouldn't be the point of bitmex.. I shouldn't be here at the exchange every time to make these trades because I make a loss otherwise (comparing nontrade to trade)... settling should have the same value as last-minute-trade
[2015-12-16 13:29:56] habibi : rekt time
[2015-12-16 13:29:59] habibi : inc
[2015-12-16 13:30:04] REKT : Liquidated long on XBT24H: Sell 120 @ 458.03
[2015-12-16 13:30:04] REKT : Liquidated long on XBT24H: Sell 250 @ 457.80
[2015-12-16 13:30:34] REKT : Liquidated long on XBT7D: Sell 10 @ 458.53
[2015-12-16 13:30:34] REKT : Liquidated long on XBT7D: Sell 200 @ 459.31
[2015-12-16 13:33:06] SnackyCoins : in b4 dpe
[2015-12-16 13:34:17] podizzler3k : crisis averted
[2015-12-16 13:49:52] podizzler3k : damn these taker fees are killin me
[2015-12-16 13:55:34] REKT : Liquidated long on XBT24H: Sell 51 @ 455.21
[2015-12-16 13:56:54] REKT : Liquidated long on XBT7D: Sell 500 @ 455.48
[2015-12-16 13:56:54] REKT : Liquidated long on XBT24H: Sell 200 @ 454.04
[2015-12-16 13:57:14] REKT : Liquidated long on XBT24H: Sell 176 @ 453.45
[2015-12-16 13:57:49] podizzler3k : what the fuck is finex doin
[2015-12-16 13:57:58] podizzler3k : who do they think they are dumping without chinas permission
[2015-12-16 13:58:28] podizzler3k : i think that guy that fatfingered earlier is trying to get rid of his mistake
[2015-12-16 13:59:36] wurstgelee : podizzler3k: haha
[2015-12-16 14:00:22] chromaticcr : this mini-dump should have came earlier for the dpe...
[2015-12-16 14:01:05] wurstgelee : yes
[2015-12-16 14:02:19] TschavaTschigger : wurstgelee: you know when fed anouncement is german time? too lazy to google timezones etc
[2015-12-16 14:03:04] mrp1nk : im not wurstgelee, but also from germany... i think at 19:00
[2015-12-16 14:03:31] TschavaTschigger : ty
[2015-12-16 14:04:32] wurstgelee : 19 utc afair?
[2015-12-16 14:04:38] wurstgelee : so 20 utc?
[2015-12-16 14:04:43] mrp1nk : sry, wrong number 20:00
[2015-12-16 14:04:44] wurstgelee : might be wrong tho
[2015-12-16 14:04:47] wurstgelee : kk :)
[2015-12-16 14:04:58] TschavaTschigger : sweet
[2015-12-16 14:05:05] wurstgelee : hamburg here btw ;)
[2015-12-16 14:07:49] habibi : hook up for a date guys
[2015-12-16 14:08:02] TschavaTschigger : i'm not german ;)
[2015-12-16 14:08:21] wurstgelee : y do u want when it is in german time then? oO
[2015-12-16 14:08:33] habibi : let see
[2015-12-16 14:08:34] habibi : hmm
[2015-12-16 14:08:36] habibi : 20 + 0
[2015-12-16 14:08:38] TschavaTschigger : because I live in the same time zone and I know you are German
[2015-12-16 14:08:40] habibi : looks like 20
[2015-12-16 14:08:49] wurstgelee : TschavaTschigger: makes sense =)
[2015-12-16 14:08:52] zanza : 3130 wins
[2015-12-16 14:08:56] zanza : back to 2300 levels?
[2015-12-16 14:09:12] habibi : no chance
[2015-12-16 14:09:15] wurstgelee : nope
[2015-12-16 14:09:16] zanza : :D
[2015-12-16 14:09:22] habibi : we wouldnt dumb last night at whale style
[2015-12-16 14:09:23] wurstgelee : sorry for your short :D
[2015-12-16 14:09:26] habibi : just to go down futher
[2015-12-16 14:09:40] habibi : its soo manipulated and u dont need to worry about price under 400$ so far
[2015-12-16 14:09:53] zanza : the REKT bot should put usernames next to liquidation orders, can we have BitMEX_Wally add that to API?
[2015-12-16 14:10:05] wurstgelee : for extra humiliation?
[2015-12-16 14:10:10] zanza : ^^
[2015-12-16 14:11:38] habibi : yea and ip and mail adress
[2015-12-16 14:11:42] habibi : with hashed password
[2015-12-16 14:11:47] TschavaTschigger : habibi: lol
[2015-12-16 14:12:51] wurstgelee : mh, strugling to hold 3k now
[2015-12-16 14:12:54] wurstgelee : *g
[2015-12-16 14:12:55] habibi : i mean dont care, dont use isolated since long time
[2015-12-16 14:13:02] habibi : and didnt get account liq so far
[2015-12-16 14:13:06] habibi : but guys be serious
[2015-12-16 14:13:12] SnackyCoins : imo you only deserve rekt humiliation if you were talking a bunch of shit ahead of time.. then it's just karma
[2015-12-16 14:13:15] podizzler3k : -_-
[2015-12-16 14:13:35] habibi : SnackyCoins: who?
[2015-12-16 14:13:41] SnackyCoins : anyone
[2015-12-16 14:13:53] habibi : but these words are marked to?
[2015-12-16 14:14:06] habibi : and how da fuck u can believe in such a thing as karma
[2015-12-16 14:14:16] wurstgelee : much volatility, many bounce
[2015-12-16 14:14:17] SnackyCoins : ... nobody in particular? we were talking about adding names to the rektbot lol
[2015-12-16 14:14:21] wurstgelee : decide what u want ffs
[2015-12-16 14:14:24] podizzler3k : i believe in karma
[2015-12-16 14:14:25] habibi : SnackyCoins: aah sorry then :p
[2015-12-16 14:14:28] podizzler3k : its universal law
[2015-12-16 14:14:40] podizzler3k : quantum shit
[2015-12-16 14:14:44] SnackyCoins : i just like to see big egos get checked
[2015-12-16 14:14:49] SnackyCoins : its fun
[2015-12-16 14:14:49] wurstgelee : same
[2015-12-16 14:14:52] habibi : universal power that makes u good if u did good things and bad if u were ashole ?
[2015-12-16 14:15:50] habibi : eh nvm, it touches subjects almost same as in relogious talks. avoid it here
[2015-12-16 14:15:57] habibi : lets make fun of rapidtrades instead
[2015-12-16 14:16:23] sleger : any progress with his bot ?
[2015-12-16 14:16:26] wurstgelee : i am ok with making fun of religions, np
[2015-12-16 14:16:36] wurstgelee : sleger: thanks for clawback i guess ;)
[2015-12-16 14:16:40] TschavaTschigger : sleger: asked him today but he didn't answer
[2015-12-16 14:16:58] habibi : he is playing like a boss that it wasnt him :D
[2015-12-16 14:17:09] habibi : and actually i believe him :(
[2015-12-16 14:17:30] laisee : habibi: > then who?
[2015-12-16 14:17:34] wurstgelee : dunno, dont really care either. clawback happens
[2015-12-16 14:17:35] wurstgelee : np :)
[2015-12-16 14:17:47] habibi : not everyone needs to be here on chat
[2015-12-16 14:17:51] habibi : we have 131 bots on bitmex
[2015-12-16 14:17:57] habibi : even 1 could fucked up harly
[2015-12-16 14:18:03] habibi : hardly*
[2015-12-16 14:20:21] TschavaTschigger : habibi: nah, just 130 api connections.. doesn't mean they trade here, don't even have to have an account
[2015-12-16 14:20:38] habibi : ah thought its 131 diff api keys
[2015-12-16 14:20:42] wurstgelee : yep, could also be some price tracker or sth
[2015-12-16 14:20:58] wurstgelee : i doubt that we have more than a dozen of bots here
[2015-12-16 14:21:01] wurstgelee : maybe im wrong tho
[2015-12-16 14:21:04] TschavaTschigger : same
[2015-12-16 14:22:23] sleger : I would say <=5
[2015-12-16 14:22:30] sleger : < = 5
[2015-12-16 14:22:45] wurstgelee : probably even that, yes
[2015-12-16 14:23:13] sleger : I dont count anything below 1000lots anyways
[2015-12-16 14:23:30] TschavaTschigger : well then we don't count micmix I guess ;)
[2015-12-16 14:23:47] sleger : not yet, he says he is still testin
[2015-12-16 14:24:02] TschavaTschigger : sleger: whats ur 24h volume approx?
[2015-12-16 14:24:52] sleger : on what ? bot ?
[2015-12-16 14:24:56] TschavaTschigger : yes
[2015-12-16 14:24:58] TschavaTschigger : bitmex
[2015-12-16 14:25:11] sleger : usually about 15% of 24h volume, havent checked in last few days
[2015-12-16 14:26:31] TschavaTschigger : same as me then approximately
[2015-12-16 14:26:58] sleger : 75k contracts since settle
[2015-12-16 14:27:47] TschavaTschigger : me 55k
[2015-12-16 14:28:30] habibi : leavesQty is filled contracts right?
[2015-12-16 14:28:39] j8 : unfilled
[2015-12-16 14:28:40] TschavaTschigger : lastQty
[2015-12-16 14:29:46] TschavaTschigger : sleger: but I only trade 24h for now
[2015-12-16 14:30:09] sleger : same
[2015-12-16 14:30:27] TschavaTschigger : oh rapid bot is here
[2015-12-16 14:30:56] habibi : 95k with actually -0.0147 "profit"
[2015-12-16 14:31:09] TschavaTschigger : habibi: since settle?
[2015-12-16 14:31:12] habibi : yep
[2015-12-16 14:31:20] TschavaTschigger : i got 0.3+ ;)
[2015-12-16 14:31:24] habibi : :)
[2015-12-16 14:31:41] TschavaTschigger : lucked out though, my bot isn't that smart
[2015-12-16 14:48:55] sleger : habibi: your bot traded 95k of xbt24h in the past 3 hours
[2015-12-16 14:49:10] podizzler3k : if you were able to profit on yesterdays 24hr then i am impressed
[2015-12-16 14:49:15] sleger : the "?" went missing.
[2015-12-16 14:49:32] podizzler3k : i managed to get some awesome 7d gains but i borked the 24hr.
[2015-12-16 14:49:39] zanza : yeah, chat is known to eat letters
[2015-12-16 14:49:56] habibi : sleger: not bot, me
[2015-12-16 14:49:57] sleger : It never did it for me until today though.
[2015-12-16 14:50:27] sleger : habibi: open interest is only 75k so you do lots of in and outs ?
[2015-12-16 14:50:34] habibi : yep
[2015-12-16 14:50:45] sleger : you're a MM hand bot !
[2015-12-16 14:50:55] habibi : only bot suits :D
[2015-12-16 14:51:08] rapidtrades : why would anyone trade he 24h after two brutal clawbacks? only way u could make this work is only go long and hold until settlement ...but then u'll be slowly eaten away by the premium
[2015-12-16 14:51:27] habibi : oh
[2015-12-16 14:51:30] habibi : rapid looses again here
[2015-12-16 14:51:41] rapidtrades : if u book profits at the top and prices reverse, u'll still be raped by clawback
[2015-12-16 14:52:00] habibi : u didnt had single profit here right?
[2015-12-16 14:52:11] habibi : or single profit during these two days with clawback
[2015-12-16 14:52:35] wurstgelee : no profit, no clawback
[2015-12-16 14:52:39] sleger : I agree it is not fair to have DPE applied to people out of the market, hence automatic deleveraging ... (I hope that by mentioning it here 10x a day it will make its way into all the heads)
[2015-12-16 14:52:43] wurstgelee : no reason to complain @rapidtrades
[2015-12-16 14:52:44] wurstgelee : ;)
[2015-12-16 14:54:06] rapidtrades : well at least we agree on that point. I know how to avoid messy situations but I can't predict what ppl will do after me @sleger
[2015-12-16 14:54:14] Crypto Wealth : Wow, woke up to a 35% clawback. I love this exchange, it makes good money but people need to go easy on the leverage.
[2015-12-16 14:54:36] rapidtrades : last time I got clawed for profits made hours before the mess occured
[2015-12-16 14:54:46] wurstgelee : a lot of people are here because they dont want to go easy on it
[2015-12-16 14:54:47] wurstgelee : ;)
[2015-12-16 14:54:51] rapidtrades : yday I was lucky, didn't trade
[2015-12-16 14:55:06] habibi : we were lucky
[2015-12-16 14:55:13] habibi : imagine where we would be if u go short
[2015-12-16 14:55:16] habibi : last night
[2015-12-16 14:55:21] habibi : probally above 500$ :(
[2015-12-16 14:55:40] Crypto Wealth : that's even higher than the 24% that happened during the bigger dump.
[2015-12-16 14:56:00] sleger : all because of one cl
[2015-12-16 14:56:09] sleger : *client
[2015-12-16 14:56:10] habibi : someone was shorting down from 440
[2015-12-16 14:56:15] habibi : to 404 probally
[2015-12-16 14:56:48] BitMEX_Sam : Yeah, that 230k contract liquidation was the main cause of the loss
[2015-12-16 14:57:03] BitMEX_Sam : A lot of other users profited from that, though.
[2015-12-16 14:57:21] wurstgelee : yep, its only bad for those who didnt ;)
[2015-12-16 14:57:24] wurstgelee : bc they slept :|
[2015-12-16 14:57:31] sleger : and some who were out of the market with no position got penalized anyways...
[2015-12-16 14:57:51] Crypto Wealth : sleger: really?
[2015-12-16 14:57:55] sleger : I wasnt one of those, but this kind of situation is just insa
[2015-12-16 14:57:59] habibi : lol thats not argument Sam.. a lot of people made money of it
[2015-12-16 14:58:03] habibi : and lot of made losses coz dpe
[2015-12-16 14:58:13] wurstgelee : sleger: how do you want to determeine when to penalize those in a market?
[2015-12-16 14:58:24] wurstgelee : if liquidation stays open until settlement?
[2015-12-16 14:58:32] wurstgelee : *-e
[2015-12-16 14:58:36] BitMEX_Sam : No, a lot of users made profit from that user's liquidation, and the profit they made was capped because there was only so much in the pool.
[2015-12-16 14:58:42] sleger : wurstgelee: i've already explained many times, search : automatic deleveraging
[2015-12-16 14:59:17] rapidtrades : I don't agree with that soltuion...as I've said before market execution would do a lot to solve these problems
[2015-12-16 14:59:19] BitMEX_Sam : Keep in mind this is not "loss", it is capping of profit, there is a difference
[2015-12-16 14:59:21] wurstgelee : i read that the first time when you mentioned the phrase few minutes ago
[2015-12-16 14:59:21] Crypto Wealth : BitMEX_Sam: Makes sense, it's still good money and I shouldn't greedy. :-)
[2015-12-16 14:59:46] rapidtrades : BitMEX_Sam: it's a loss for arbers; hedgers, mm's etc
[2015-12-16 14:59:54] BitMEX_Sam : In the case of this 230k liquidation, there was not nearly enough liquidity to catch it. A market order would have driven prices into the 500s
[2015-12-16 15:00:03] wurstgelee : BitMEX_Sam: its a loss if u had a few losing trades, some good ones and the claeback pulls you back below the balance of 24h earlier ;)
[2015-12-16 15:00:11] wurstgelee : *clawback
[2015-12-16 15:00:32] BitMEX_Sam : Not so, unless you're trading multiple expiries.
[2015-12-16 15:01:14] rapidtrades : BitMEX_Sam: well we dropped into 403 while other exchanges dropped to 430, so clearly this isn't working either...Ive said before if u change the rules, market participants will change their behavior
[2015-12-16 15:01:19] wurstgelee : anyways, no reason to complain. it's how it works and everyone knows it before entering the game
[2015-12-16 15:01:23] wurstgelee : or at least should know it
[2015-12-16 15:01:28] habibi : rapidtrades: u moron, someone sold at 403
[2015-12-16 15:01:43] BitMEX_Sam : If you lose 1 XBT on 24H early in the day then make 1 XBT later in the day, your profit subject to DPE is 0
[2015-12-16 15:01:45] sleger : wurstgelee: that is no reason to not give ways to improve things !
[2015-12-16 15:02:06] wurstgelee : sleger: ofc
[2015-12-16 15:02:16] wurstgelee : i like it the way it is though ;)
[2015-12-16 15:02:43] zanza : sleger: rumor was it was you who had th3 230k liquidation
[2015-12-16 15:03:04] sleger : zanza: dont believe in rum
[2015-12-16 15:03:18] rapidtrades : until they're denied!
[2015-12-16 15:03:25] rapidtrades : sleger confirmed
[2015-12-16 15:03:36] sleger : I authorize any admin to confirm it wasnt me... So that rapid trades can s
[2015-12-16 15:03:48] zanza : lol ok we believe you
[2015-12-16 15:03:54] wurstgelee : *hut the fuck up
[2015-12-16 15:03:55] zanza : i think habibi said it
[2015-12-16 15:05:21] habibi : i didnt said its him, i said sth like " he's gone after that dumb happened, imho it could be him, poor sleger" :D
[2015-12-16 15:06:43] BitMEX_Sam : It wasn't him.
[2015-12-16 15:06:44] sleger : given my positions in other contracts I doubt I could be liquidated in a market dump.
[2015-12-16 15:07:06] rapidtrades : the problem with using limit orders for execution is, during one-sided markets price will not go back to the limit...this exacerbates the loss greatly
[2015-12-16 15:07:48] rapidtrades : we already saw this twice in four days...market orders will solve this issue for the most part
[2015-12-16 15:08:07] rapidtrades : we may still get clawbacks but it wont be 30%, absurd
[2015-12-16 15:08:29] BitMEX_Sam : That's not at all true in this case, had a market order been executed it would have settled at extremely unfavorable prices
[2015-12-16 15:08:33] BitMEX_Sam : The issue is not as black and white as you think.
[2015-12-16 15:08:42] podizzler3k : rapidtrades sticking with the notion that cascading margin calls caused the drop to 404? i thought that was sarcasm earlier
[2015-12-16 15:08:56] messiaen8844 : So, what time is the fomc meering?
[2015-12-16 15:09:19] sleger : the meeting is yesterday and toda
[2015-12-16 15:09:20] haxmb : BitMEX_Sam: wouldnt it be better if you use the same system as okcoin?
[2015-12-16 15:09:31] haxmb : lel OK coin
[2015-12-16 15:09:33] podizzler3k : oh god no
[2015-12-16 15:09:37] zanza : doesn't woodchipper have clawbacks often ?
[2015-12-16 15:09:44] BitMEX_Sam : No, not necessarily; they've had much more damaging losses in the past with much less leverage
[2015-12-16 15:09:50] habibi : we havce not luqidity to for it all
[2015-12-16 15:09:51] podizzler3k : the system where you get liquidated if you get 'kinda close' to your liquidation price? yeah love that system
[2015-12-16 15:10:04] haxmb : podizzler3k: kinda close?
[2015-12-16 15:10:13] zanza : rofl
[2015-12-16 15:10:24] haxmb : the term clearly state that you get liquidated at 80% of your liquidation margin
[2015-12-16 15:10:43] rapidtrades : BitMEX_Sam: under this system yes...but keep in mind if users think that LIQS will crash prices, they will put lower bids...and orderbooks will get meatier...second point is until we get rid off clawbacks of 30% noone will want to take that side of the trade...cos any spike up/down will come with a hefty tax
[2015-12-16 15:10:49] podizzler3k : oh well why the fuck dont they just put the liquidation price at 80% of what they post
[2015-12-16 15:11:12] zanza : podizzler3k: exactly
[2015-12-16 15:11:15] podizzler3k : the terms and conditions describe the various ways they fuck you apparently
[2015-12-16 15:11:24] podizzler3k : (not so gently)
[2015-12-16 15:11:50] rapidtrades : I say you test it out for a month and see how the market adjusts...
[2015-12-16 15:12:05] haxmb : BitMEX_Sam: why do you guys have everything running on the website via the API ?
[2015-12-16 15:12:25] rapidtrades : there's a reason its' the preferred execution method in other markets, no need to re-invent the wheel
[2015-12-16 15:12:27] haxmb : my bot is polling at 0.4 times per second and i cant even talk in trollbox
[2015-12-16 15:12:27] zanza : haxmb: caus they are baller
[2015-12-16 15:12:53] BitMEX_Sam : Because it 1. forces us to make a clean, usable API, 2. reduces any false sense of security from client-only methods, and 3. enables any user to automate any part of trading on BitMEX
[2015-12-16 15:12:56] zanza : haxmb: why can't you talk ?
[2015-12-16 15:13:05] BitMEX_Sam : Ratelimits are a different issue, you shouldn't be polling - use the WebSocket
[2015-12-16 15:13:23] sleger : BitMEX_Sam: When you're done with that recurring discussion. I have a question regarding fair price calculation, I made a test earlier today on Z15 to understand. The market was 465/484 and the fair price around 474. I put a bid for 5btc at 473, waited for one minute and the fair price was still below my bid, how come ?
[2015-12-16 15:13:34] haxmb : my api keys are getting near rate limits because of the many orders i place
[2015-12-16 15:13:47] haxmb : and it stops me from typing in trollbox :/
[2015-12-16 15:13:55] haxmb : bit weird if you ask me
[2015-12-16 15:13:57] zanza : oh lol
[2015-12-16 15:14:14] BitMEX_Sam : haxmb: It's completely normal to ratelimit per-user, but our ratelimits are generally lower than most to encourage users to use the websocket
[2015-12-16 15:14:24] BitMEX_Sam : If you're doing automated trading, send us an email and we can discuss raising your limit
[2015-12-16 15:14:31] haxmb : oh that would be great yeah
[2015-12-16 15:14:43] BitMEX_Sam : sleger: Let me have Wally come in on this one
[2015-12-16 15:15:19] haxmb : BitMEX_Sam: i agree it is normal to ratelimi per used, but having it work on trollbox too is a bit too much for my liking
[2015-12-16 15:16:16] BitMEX_Sam : I agree, that is annoying; I'll see what I can do about it
[2015-12-16 15:16:47] haxmb : cheers thanks
[2015-12-16 15:17:37] BitMEX_Wally : sleger: The fair price is auto adjusted for `XBT24H` and `XBT7D` but not `XBTZ15` yet
[2015-12-16 15:17:59] sleger : BitMEX_Wally: ah
[2015-12-16 15:18:25] sleger : thanks. Geez, the chat box keeps cutting all my last 3 seconds of typing today !!!
[2015-12-16 15:19:49] BitMEX_Sam : sleger: I've seen that before, it clears up after a refresh
[2015-12-16 15:19:56] BitMEX_Sam : Working on it.
[2015-12-16 15:50:35] podizzler3k : is itbit leveragedttrading anyone know
[2015-12-16 15:51:29] podizzler3k : they have some real impressive bids on the books
[2015-12-16 15:56:08] wurstgelee : dunno
[2015-12-16 15:56:22] j8 : no leverage, they do have good depth for bigger volume.
[2015-12-16 15:56:40] j8 : http://data.bitcoinity.org/markets/exchanges/USD/30d order by depth (100 btc)
[2015-12-16 15:56:53] j8 : they are a close second behind bitfinex
[2015-12-16 15:57:10] j8 : sorry it's Spread (100 BTC)
[2015-12-16 15:58:16] wurstgelee : china doing chains things again
[2015-12-16 15:58:22] wurstgelee : lol china
[2015-12-16 15:58:23] wurstgelee : not chains
[2015-12-16 16:00:06] REKT : Liquidated short on XBT24H: Buy 100 @ 461.14
[2015-12-16 16:00:06] REKT : Liquidated short on XBT24H: Buy 14857 @ 461.12
[2015-12-16 16:04:06] REKT : Liquidated short on XBT7D: Buy 200 @ 462.67
[2015-12-16 16:04:19] TschavaTschigger : this is hilarious :D
[2015-12-16 16:04:24] wurstgelee : great
[2015-12-16 16:04:26] wurstgelee : just great
[2015-12-16 16:04:32] wurstgelee : if you're long ofc
[2015-12-16 16:04:34] wurstgelee : ;)
[2015-12-16 16:04:48] TschavaTschigger : atm I am not
[2015-12-16 16:04:54] wurstgelee : i am but not enough
[2015-12-16 16:05:10] wurstgelee : only 2k bc why not
[2015-12-16 16:05:27] sleger : 2k btc is a decent position
[2015-12-16 16:05:33] wurstgelee : lol fu =)
[2015-12-16 16:05:59] wurstgelee : only 96k contracts open interest
[2015-12-16 16:06:03] wurstgelee : thats small
[2015-12-16 16:10:18] wurstgelee : closed anyways now, going home, enough work for the day
[2015-12-16 16:10:21] podizzler3k : where do i find out how much the maitenance margin is
[2015-12-16 16:10:28] wurstgelee : wallet
[2015-12-16 16:10:36] wurstgelee : net per contract typ tho
[2015-12-16 16:10:39] wurstgelee : *not
[2015-12-16 16:10:53] wurstgelee : https://www.bitmex.com/app/wallet
[2015-12-16 16:10:55] wurstgelee : ;)
[2015-12-16 16:11:15] podizzler3k : i meant %
[2015-12-16 16:11:17] podizzler3k : i found it
[2015-12-16 16:11:19] podizzler3k : .5%
[2015-12-16 16:11:25] BitMEX_Wally : Or look at the contract specifications
[2015-12-16 16:11:25] BitMEX_Wally : https://www.bitmex.com/app/contract/XBT24H
[2015-12-16 16:11:34] BitMEX_Wally : `Maintenance Margin 0.5% + Exit Commission`
[2015-12-16 16:11:50] sleger : or : Actual/Liq Lev.: 2.77x/200x
[2015-12-16 16:11:58] podizzler3k : how much is exit commision
[2015-12-16 16:12:07] sleger : podizzler3k: same as entry
[2015-12-16 16:12:13] podizzler3k : i assume thats only if you get margin called? or if you close normally
[2015-12-16 16:12:15] BitMEX_Wally : Taker Fee
[2015-12-16 16:12:27] sleger : that's not correct
[2015-12-16 16:12:33] sleger : it depends how he exits
[2015-12-16 16:13:02] podizzler3k : how i enter you mean
[2015-12-16 16:13:06] BitMEX_Wally : The 'Exit Commission' is assumed to be the taker fee, but yes the actual fee depends on how he exits
[2015-12-16 16:13:10] podizzler3k : if i exit then im not maintaining anything
[2015-12-16 16:13:37] podizzler3k : ok im getting it slowly
[2015-12-16 16:13:48] BitMEX_Wally : Basically the maintenance margin is 0.575%
[2015-12-16 16:13:52] sleger : haven't you been here for a few weeks already ?
[2015-12-16 16:17:08] podizzler3k : haven't you been on this earth since the stone age?
[2015-12-16 16:19:00] podizzler3k : this fed reserve livestream is gonna be so hype
[2015-12-16 16:19:17] podizzler3k : i hope janet yellen comes out to pyro and the goldberg theme song
[2015-12-16 16:19:34] sleger : I don't see how that would be possible. And I fail to see the comeback. It's okay if you have just been chatting here for few weeks without trying to understand, no problem with that
[2015-12-16 16:19:58] podizzler3k : your old
[2015-12-16 16:20:00] podizzler3k : get it?
[2015-12-16 16:20:56] sleger : how can you possibly know how old I am from a chat ? If you think this is because I do not make grammatical mistakes etc... then it is only because I went to school, nothing else
[2015-12-16 16:21:31] podizzler3k : i just know
[2015-12-16 16:21:51] sleger : Just like you know what is the maintenance margin level ;) ?
[2015-12-16 16:24:35] podizzler3k : im going to make my bot in python and its sole purpose is going to be destroying yours
[2015-12-16 16:24:37] podizzler3k : terminator bot
[2015-12-16 16:25:23] TschavaTschigger : rapidtrades is already working on that afaik
[2015-12-16 16:25:33] podizzler3k : it will use neural adaptation to constantly undercut your bot until it has a logic breakdown and decompiles itself off a high rise building
[2015-12-16 16:25:53] podizzler3k : splattering into 1s and 0s
[2015-12-16 16:26:18] podizzler3k : yes im working with rapidtrades
[2015-12-16 16:26:36] podizzler3k : he's providing the pure hatred to fuel it
[2015-12-16 16:28:53] sleger : LOL
[2015-12-16 16:29:14] thehawthorne : don't talk about it; start coding
[2015-12-16 16:29:41] sleger : if you dont have liquid cooling forget about it ;)
[2015-12-16 16:32:16] TschavaTschigger : podizzler3k: if you want to work with rapid, then switch from python to VBA
[2015-12-16 16:34:12] TschavaTschigger : guess that's rapid: https://bitcointalk.org/index.php?topic=185247.0
[2015-12-16 16:34:40] podizzler3k : lol excel
[2015-12-16 16:34:46] sleger : 2013 ? he was only 12 years old then
[2015-12-16 16:35:09] podizzler3k : whats vba
[2015-12-16 16:35:11] podizzler3k : visual basic?
[2015-12-16 16:37:57] TschavaTschigger : goblin town incoming
[2015-12-16 16:38:26] REKT : Liquidated long on XBT24H: Sell 2011 @ 460.63
[2015-12-16 17:08:07] REKT : Liquidated long on XBT24H: Sell 101 @ 456.60
[2015-12-16 17:08:31] TschavaTschigger : love those bid wall
[2015-12-16 17:08:46] TschavaTschigger : as if that would prevent the underlying markets to drop lol
[2015-12-16 17:08:59] TschavaTschigger : from dropping*