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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[2015-12-16 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*
[2015-12-16 17:12:53] messiaen8844 : Fitsch downgraded Brazil again. BRL down, USD and BTC up. Yesterday in a newspaper here: BTC best 2015 investment in Brazil (second=dollar)
[2015-12-16 17:17:26] messiaen8844 : Premium in Brazil similar to China, no way you can get Finex price here
[2015-12-16 17:19:00] messiaen8844 : Volume increased 5x from Jan to Dec (daily). Still plenty of space to grow.
[2015-12-16 17:24:40] sleger : whats the exchange name?
[2015-12-16 17:30:03] messiaen8844 : main one FoxBit
[2015-12-16 17:30:14] messiaen8844 : also Mercado Bitcoin and BitcoinToYou
[2015-12-16 17:32:50] TschavaTschigger : sleger making his bots ready for south america
[2015-12-16 17:33:01] TschavaTschigger : gotta learn portuguese though dude
[2015-12-16 17:33:22] messiaen8844 : not a bad ideia if you look at the huge spread here
[2015-12-16 17:43:23] habibi : evening
[2015-12-16 17:43:24] habibi : guys
[2015-12-16 17:43:28] habibi : slept aditional 3 hours
[2015-12-16 17:43:32] habibi : great thing
[2015-12-16 17:43:45] wurstgelee : wb
[2015-12-16 17:48:40] wurstgelee : hardly any selling ffs
[2015-12-16 17:48:56] zanza : habibi: are you babysitting bitcoin ?
[2015-12-16 17:49:08] habibi : zanza: nah why
[2015-12-16 17:49:17] habibi : bitcoin is babysitting me
[2015-12-16 17:49:51] zanza : https://www.youtube.com/watch?v=6P2FB9Mg_YI
[2015-12-16 17:50:29] habibi : ah yea :)
[2015-12-16 17:50:54] habibi : Fyrst and his videos/songs
[2015-12-16 17:51:28] wurstgelee : haha, i like those
[2015-12-16 17:55:08] TschavaTschigger : hardcore 1337 underground internet sheet
[2015-12-16 17:55:38] TschavaTschigger : volume totally dry atm though :(
[2015-12-16 17:56:06] wurstgelee : anticipation of fed decision
[2015-12-16 17:56:11] wurstgelee : nobody dares to move
[2015-12-16 18:01:03] TschavaTschigger : meh, doesn't have anything to do with fed decision imho
[2015-12-16 18:01:50] wurstgelee : hard to tell, we will see in an hour ;)
[2015-12-16 18:11:18] wurstgelee : connection quality between good and bad :|
[2015-12-16 18:11:33] wurstgelee : heavy server load i guess?
[2015-12-16 18:13:00] TschavaTschigger : wurstgelee: btw, http://www.bloomberg.com/live/europe good live stream
[2015-12-16 18:13:20] wurstgelee : cnbc europe is broadcasting it live
[2015-12-16 18:13:27] wurstgelee : didnt know i have that channel
[2015-12-16 18:13:29] wurstgelee : but i have it
[2015-12-16 18:13:30] wurstgelee : ;)
[2015-12-16 18:32:12] justinlooking : hello peeps
[2015-12-16 18:32:17] TschavaTschigger : justinlooking: hey mate
[2015-12-16 18:32:30] TschavaTschigger : finished working?
[2015-12-16 18:34:14] justinlooking : yup, until tomorrow :-/
[2015-12-16 18:35:39] REKT : Liquidated long on XBT24H: Sell 100 @ 455.70
[2015-12-16 18:35:55] justinlooking : eyeing the $8 spread between here and okc weekly oO
[2015-12-16 18:36:31] irbbqu : Dem indexes
[2015-12-16 18:38:21] TschavaTschigger : rofl: http://pricelessmisc.com/force-block
[2015-12-16 18:38:52] justinlooking : lol
[2015-12-16 18:40:26] justinlooking : how long until fomc?
[2015-12-16 18:40:48] wurstgelee : 20 mins
[2015-12-16 18:41:23] TschavaTschigger : going to supermarket for 15 minutes, either moon or goblin town until I come back I suppose... cya
[2015-12-16 18:41:42] wurstgelee : not if u only need 15 mins
[2015-12-16 18:41:42] wurstgelee : =)
[2015-12-16 18:42:45] justinlooking : lol c u in a bit
[2015-12-16 18:43:57] 24hourz : Market waiting for fed
[2015-12-16 18:44:06] wurstgelee : yep
[2015-12-16 18:45:05] j8 : justinlooking: the okc index is actually overvaluing the CNY exchanges by about 1% because of the exchange rate they use
[2015-12-16 18:46:48] 24hourz : looking ike it is setting up for major moves
[2015-12-16 18:47:11] justinlooking : j8 thanks - do you expect them to converge as settlement approaches? okc weekly and 7d here normally settle within a couple of bucks of each other i think
[2015-12-16 18:48:41] wurstgelee : i have my just-in-case long, let the fun begin ;)
[2015-12-16 18:49:44] j8 : using the current rate 6.47 they are still a little high, but not unusual. okc is using 6.4047, they adjust it after settlement.
[2015-12-16 18:50:15] j8 : so the biweekly / quarterly could drop half a percent after settlement, all else being equal
[2015-12-16 18:50:51] wurstgelee : china cant wait, trying a bit of a headstart
[2015-12-16 18:50:51] wurstgelee : ;)
[2015-12-16 18:51:01] j8 : either way i'd wait to see if anything crazy happens after this meeting, i doubt it will but you never know
[2015-12-16 18:51:19] wurstgelee : yep. thats why i am u-never-know-long ;)
[2015-12-16 18:51:58] wurstgelee : cig, brb
[2015-12-16 18:51:59] justinlooking : j8: ok ty for the analysis, i doubt anything will happen either... even if they go unexpected unchanged, i think it'll be a damp squib
[2015-12-16 18:52:05] TschavaTschigger : re
[2015-12-16 18:52:42] 24hourz : how much longer ?
[2015-12-16 18:52:46] wurstgelee : lol okc futures. 2 early
[2015-12-16 18:52:47] wurstgelee : 8 mins
[2015-12-16 18:52:56] wurstgelee : ok, cig 4 real now, brb
[2015-12-16 18:53:01] 24hourz : the anticipation
[2015-12-16 18:53:51] TschavaTschigger : am I the only one in here that doesn't expect any effect on btc price?
[2015-12-16 18:55:52] j8 : i don't expect any effect, but the volatility has been high enough that it'll probably move anyway and people will try to say it had something to do with the fed
[2015-12-16 18:56:11] habibi : if it will affect offshore juan
[2015-12-16 18:56:12] habibi : we will move
[2015-12-16 18:56:19] 24hourz : Too big a moment to not kick start
[2015-12-16 18:56:38] habibi : just coz people thinks bitcoin is alternative for juan in china
[2015-12-16 18:56:38] TschavaTschigger : "and people will try to say it had something to do with the fed" this. like they do with every kind of news.
[2015-12-16 18:57:19] j8 : yup, just like capital controls, grexit...
[2015-12-16 18:57:26] habibi : +1
[2015-12-16 18:59:25] justinlooking : all the hype makes order books thinner, so good opportunity for whales to move us somewhere new
[2015-12-16 18:59:44] 24hourz : rate goes up. cny down. btc up
[2015-12-16 18:59:55] 24hourz : bets in getlemen
[2015-12-16 18:59:59] wurstgelee : thats what we all hope for ;)
[2015-12-16 19:00:04] TschavaTschigger : justinlooking: i'll see what I can do
[2015-12-16 19:00:16] wurstgelee : .25 up
[2015-12-16 19:00:17] wurstgelee : !
[2015-12-16 19:01:01] wurstgelee : % ofc
[2015-12-16 19:01:33] nickhnt : was expected
[2015-12-16 19:01:42] justinlooking : 15 tick range in spooz... how lame
[2015-12-16 19:01:51] 24hourz : market go bannanas !!
[2015-12-16 19:02:09] wurstgelee : nickhnt: yep
[2015-12-16 19:02:19] justinlooking : snore fest
[2015-12-16 19:02:26] nickhnt : wurstgelee: lets see if something happens in btc world :)
[2015-12-16 19:02:32] j8 : euro dump
[2015-12-16 19:02:35] wurstgelee : not much i think
[2015-12-16 19:02:43] wurstgelee : j8: already dumping?
[2015-12-16 19:03:10] j8 : yeah it's got a vicious 5 minute candle goin on
[2015-12-16 19:03:13] wurstgelee : haha
[2015-12-16 19:05:12] j8 : bitcoin is the most stable currency at this moment
[2015-12-16 19:05:25] wurstgelee : it seem to not fucking care
[2015-12-16 19:05:27] wurstgelee : *s
[2015-12-16 19:07:01] TschavaTschigger : why would it? serious question
[2015-12-16 19:07:20] TschavaTschigger : btc is not part of funds/hedging of serious investors
[2015-12-16 19:07:59] podizzler3k : nice dildo http://www.investing.com/quotes/us-dollar-index-streaming-chart
[2015-12-16 19:08:09] wurstgelee : podizzler3k: yep
[2015-12-16 19:08:12] wurstgelee : TschavaTschigger: thats y
[2015-12-16 19:08:13] wurstgelee : ;)
[2015-12-16 19:08:25] wurstgelee : more cny devaluation
[2015-12-16 19:08:26] wurstgelee : btc up
[2015-12-16 19:08:44] wurstgelee : umpi tho
[2015-12-16 19:08:47] wurstgelee : dump
[2015-12-16 19:08:47] wurstgelee : ;)
[2015-12-16 19:09:09] REKT : Liquidated long on XBT24H: Sell 4052 @ 454.55
[2015-12-16 19:09:09] REKT : Liquidated long on XBT24H: Sell 100 @ 455.37
[2015-12-16 19:09:17] thehawthorne : MEGADUMP.
[2015-12-16 19:09:23] thehawthorne : ..
[2015-12-16 19:09:26] thehawthorne : just normal
[2015-12-16 19:09:39] ethexio : RIP
[2015-12-16 19:09:53] macios15 : rekt incoming
[2015-12-16 19:09:53] wurstgelee : nice dump
[2015-12-16 19:10:01] ethexio : Thanks
[2015-12-16 19:10:19] REKT : Liquidated long on XBT7D: Sell 1020 @ 453.71
[2015-12-16 19:10:57] wurstgelee : still going
[2015-12-16 19:10:59] REKT : Liquidated long on XBT24H: Sell 35300 @ 449.22 <b>MEGA-REKT</b>
[2015-12-16 19:11:02] wurstgelee : ouch
[2015-12-16 19:11:11] Swedishnut : blood in the streets
[2015-12-16 19:11:21] macios15 : 35k nice
[2015-12-16 19:11:52] macios15 : more dump incoming
[2015-12-16 19:13:03] wurstgelee : maybe, maybe not
[2015-12-16 19:13:04] podizzler3k : fed rate hike dump is on!
[2015-12-16 19:13:09] podizzler3k : or over
[2015-12-16 19:13:09] thehawthorne : LOL
[2015-12-16 19:13:12] wurstgelee : or it is over :)
[2015-12-16 19:13:12] nickhnt : bear trap
[2015-12-16 19:13:14] wurstgelee : hahaha
[2015-12-16 19:13:15] justinlooking : haha
[2015-12-16 19:13:15] TschavaTschigger : god my bot is so fuking smart
[2015-12-16 19:13:24] wurstgelee : got a nice long ;)
[2015-12-16 19:13:27] wurstgelee : nice so far ofc...
[2015-12-16 19:13:29] podizzler3k : back down!
[2015-12-16 19:13:32] TschavaTschigger : closed that short with taker cause market was moving against him now
[2015-12-16 19:13:56] macios15 : 452 lol wtf
[2015-12-16 19:14:02] wurstgelee : hahaa
[2015-12-16 19:14:02] podizzler3k : hehe
[2015-12-16 19:14:05] wurstgelee : EXCELLENT :D
[2015-12-16 19:14:15] nickhnt : xD
[2015-12-16 19:14:19] REKT : Liquidated short on XBT24H: Buy 2556 @ 452.82
[2015-12-16 19:14:19] wurstgelee : 448.29 longed ;)
[2015-12-16 19:14:21] TschavaTschigger : but for dpe, we need bigger drops :(
[2015-12-16 19:14:39] wurstgelee : lol, great trap if it is one
[2015-12-16 19:14:43] podizzler3k : XBT24H 5000 448.25 5000 448.25 22.4609 XBT Limit Filled 2015-12-16 14:11:08
[2015-12-16 19:14:47] podizzler3k : muahhaha
[2015-12-16 19:14:50] wurstgelee : hahahaa
[2015-12-16 19:15:09] REKT : Liquidated short on XBT24H: Buy 150 @ 454.72
[2015-12-16 19:15:09] REKT : Liquidated short on XBT24H: Buy 440 @ 454.11
[2015-12-16 19:15:09] REKT : Close your longs, close your shorts, choppy waters ahead
[2015-12-16 19:15:09] REKT : Liquidated short on XBT24H: Buy 1 @ 454.26
[2015-12-16 19:15:21] podizzler3k : screw u rektbot
[2015-12-16 19:15:25] wurstgelee : lol wow
[2015-12-16 19:15:26] thehawthorne : Lol
[2015-12-16 19:15:32] podizzler3k : that was some bounce
[2015-12-16 19:15:33] thehawthorne : 3022 huobbobooui
[2015-12-16 19:15:38] wurstgelee : fucking awesome
[2015-12-16 19:15:42] justinlooking : muhahaha
[2015-12-16 19:15:49] nickhnt : lolll
[2015-12-16 19:15:53] nickhnt : mega bear trap
[2015-12-16 19:15:56] cekseh : money money
[2015-12-16 19:15:58] podizzler3k : people that panic sold jumping in a toaster bath
[2015-12-16 19:16:00] ethexio : dang
[2015-12-16 19:16:04] wurstgelee : lolololol
[2015-12-16 19:16:11] wurstgelee : just awesome
[2015-12-16 19:16:16] nickhnt : back to 3024, nothing going wrong here lolll
[2015-12-16 19:16:24] wurstgelee : BEAUTIFUL
[2015-12-16 19:16:29] podizzler3k : stop laughing have some respect for the ded
[2015-12-16 19:16:34] wurstgelee : i cant
[2015-12-16 19:16:45] nickhnt : i was -1 btc for a moment :)
[2015-12-16 19:16:51] nickhnt : now im +0.4
[2015-12-16 19:16:55] nickhnt : hehehe
[2015-12-16 19:16:56] wurstgelee : 254.45%
[2015-12-16 19:17:00] wurstgelee : :D :D :D
[2015-12-16 19:17:03] habibi : scalped short
[2015-12-16 19:17:07] habibi : now long since 456
[2015-12-16 19:17:12] habibi : + 1 btc since 20 minutes
[2015-12-16 19:17:17] ethexio : RIP
[2015-12-16 19:17:19] wurstgelee : 448.29 ;)
[2015-12-16 19:17:28] habibi : nice! :)
[2015-12-16 19:17:41] nickhnt : wurstgelee: nice one man
[2015-12-16 19:17:50] wurstgelee : pod has a better one
[2015-12-16 19:17:54] wurstgelee : 448.25
[2015-12-16 19:17:57] chromaticcr : dildos everywhere
[2015-12-16 19:17:57] wurstgelee : =)
[2015-12-16 19:18:46] wurstgelee : still going up ffs
[2015-12-16 19:19:39] REKT : Liquidated short on XBT7D: Buy 3250 @ 461.66
[2015-12-16 19:19:43] jesperf : next stop 500
[2015-12-16 19:20:00] podizzler3k : janet yellen announces bitcoin to replace dollar as world reserve
[2015-12-16 19:20:11] Swedishnut : :P
[2015-12-16 19:20:13] MrJ1m : lol
[2015-12-16 19:20:28] MrJ1m : wtf is happening
[2015-12-16 19:20:28] wurstgelee : k, closed
[2015-12-16 19:20:33] MrJ1m : btc looking like fx
[2015-12-16 19:20:36] wurstgelee : ~250% or something
[2015-12-16 19:21:04] TschavaTschigger : considering you are celebrating this 5k trade 10 minutes long, this was your best trade so far I suppose?
[2015-12-16 19:21:07] wurstgelee : mfw when the doorball rang @ 2 mins after announcement in the middle of the dump
[2015-12-16 19:21:18] wurstgelee : food i ordered
[2015-12-16 19:21:19] wurstgelee : =)
[2015-12-16 19:21:23] ethexio : http://www.ustream.tv/federalreserve
[2015-12-16 19:21:40] habibi : ethexio: who cares now :D
[2015-12-16 19:21:49] ethexio : lol
[2015-12-16 19:21:51] cataquil : so much for the fed
[2015-12-16 19:21:59] 24hourz : Got rekt
[2015-12-16 19:21:59] ethexio : Interest rates raised, btw
[2015-12-16 19:22:23] MrJ1m : nothin new untill 1% imo
[2015-12-16 19:22:33] MrJ1m : she can still announce the opposite next meeting
[2015-12-16 19:22:37] 24hourz : Over leveraged and I knew it oh well
[2015-12-16 19:23:07] jesperf : don't go all in, you nutcase. you need some wiggle room
[2015-12-16 19:23:17] wurstgelee : 24hourz: u had a long @ announcement?
[2015-12-16 19:23:17] cataquil : why you hold high leverage into the fed
[2015-12-16 19:23:46] cataquil : if any market news can shake btcusd its the fed doing rates
[2015-12-16 19:23:56] cataquil : making usd more valuable
[2015-12-16 19:24:06] cataquil : so they can print more ;0
[2015-12-16 19:24:08] TschavaTschigger : still, price is exactly like before the announcement.. duh
[2015-12-16 19:24:13] nickhnt : usd more valuable cny less valuable
[2015-12-16 19:24:52] jesperf : it's only been 25 minutes since the announcement.. and most of china is sleeping
[2015-12-16 19:25:29] REKT : Liquidated long on XBT24H: Sell 7342 @ 458.17
[2015-12-16 19:25:31] TschavaTschigger : jesperf: sure dude. because the wahletraders with money sleep during fed announcement. so they can wake up 4 hours late and start trading
[2015-12-16 19:25:57] jesperf : I don't think the chinese whales are chinese...
[2015-12-16 19:26:02] wurstgelee : time to eat that crispy duck with interfered with the dumping
[2015-12-16 19:26:05] wurstgelee : bbl ;)
[2015-12-16 19:26:10] wurstgelee : *which
[2015-12-16 19:26:12] cataquil : nickhnt: chinese will probably buy tonight
[2015-12-16 19:26:40] TschavaTschigger : price flashcrashes 50 bucks last night, everybody "ok"... price moves 0.1% after fed announcement --> huuuge impact
[2015-12-16 19:26:48] cataquil : those escaping capital controls
[2015-12-16 19:27:09] wurstgelee : TschavaTschigger: it was a bit more
[2015-12-16 19:27:13] cataquil : TschavaTschigger: yeah I think the feds move was priced in
[2015-12-16 19:27:20] TschavaTschigger : cataquil: of course it was
[2015-12-16 19:27:27] TschavaTschigger : .25% was basically known
[2015-12-16 19:27:38] cataquil : not been watching btc long enough to know how it moves during economic news like fx pairs
[2015-12-16 19:28:04] sleger : it doesnt
[2015-12-16 19:28:08] TschavaTschigger : cataquil: almost no effect
[2015-12-16 19:28:23] TschavaTschigger : people claim some effect in hindsight, but it virtually has none
[2015-12-16 19:29:00] MrJ1m : fat finger maybe lol
[2015-12-16 19:31:59] j8 : looks like it was used as an excuse for a quick stop run
[2015-12-16 19:37:39] REKT : Liquidated long on XBT24H: Sell 4010 @ 456.46
[2015-12-16 19:40:15] irbbqu : China liquidity ftw
[2015-12-16 19:40:20] REKT : Liquidated short on XBT24H: Buy 50 @ 454.87
[2015-12-16 19:41:06] j8 : chop chop chop
[2015-12-16 19:42:17] irbbqu : and now sideways lol
[2015-12-16 19:42:19] irbbqu : fed gaims
[2015-12-16 19:44:11] 24hourz : Long term this is good for btc
[2015-12-16 19:44:51] TschavaTschigger : not so sure about that
[2015-12-16 19:45:34] 24hourz : USD is going to get stronger and other fiat will get rekt so bad
[2015-12-16 19:45:51] 24hourz : Ppl need to be able to have their wealth escape capital controls
[2015-12-16 19:46:00] 24hourz : Then bam! Hello Bitcoin
[2015-12-16 19:46:09] cataquil : maintaining their large holdings of maturing treasuries
[2015-12-16 19:46:47] cataquil : they raised repo rate
[2015-12-16 19:48:30] cataquil : i doubt any libertarians are allowed to ask questions
[2015-12-16 19:51:48] ethexio : more banga
[2015-12-16 19:53:35] cataquil : erode thosemargins of slack
[2015-12-16 19:53:46] cataquil : greater tightness
[2015-12-16 19:54:03] justinlooking : TschavaTschigger: got a sec ;)
[2015-12-16 19:54:07] justinlooking : *?
[2015-12-16 19:54:13] TschavaTschigger : justinlooking: sure. irc?
[2015-12-16 19:54:26] justinlooking : cool
[2015-12-16 19:58:46] cataquil : stocks rally
[2015-12-16 19:59:39] cataquil : past 2 weeks sucker selloff
[2015-12-16 20:02:05] podizzler3k : yeah if you looked at the last 4 rate hikes they rally after each one and then slow downturn
[2015-12-16 20:02:13] podizzler3k : same with the euro last month
[2015-12-16 20:02:26] podizzler3k : everyone short only one way to go
[2015-12-16 20:08:53] AudibleScience : long?
[2015-12-16 20:09:08] AudibleScience : podizzler3k: do you mean on okcoin
[2015-12-16 20:09:15] AudibleScience : lol
[2015-12-16 20:22:14] podizzler3k : no i was talking about the stock market
[2015-12-16 20:22:16] podizzler3k : not bitcoin
[2015-12-16 20:23:59] wurstgelee : ok, who owns that 1.6k bot?
[2015-12-16 20:24:31] TschavaTschigger : it's definitely not rapid, would be 16-bot then
[2015-12-16 20:24:39] wurstgelee : or 1.6 bot ;)
[2015-12-16 20:25:01] TschavaTschigger : what's wrong with 1.6k bot?
[2015-12-16 20:25:08] wurstgelee : it annoys me ;)
[2015-12-16 20:26:03] wurstgelee : ok, found a way to piss it off :p
[2015-12-16 20:26:16] TschavaTschigger : make spread smaller?
[2015-12-16 20:26:28] wurstgelee : repeatedly
[2015-12-16 20:26:37] wurstgelee : then seems to pull orders
[2015-12-16 20:27:51] wurstgelee : yep, works
[2015-12-16 20:27:53] wurstgelee : :D
[2015-12-16 20:29:41] TschavaTschigger : whats ur bot? or you manually?
[2015-12-16 20:31:03] habibi : 2k bot
[2015-12-16 20:31:06] habibi : 1.6k bot
[2015-12-16 20:31:16] habibi : yea both can be do close position on them
[2015-12-16 20:31:19] habibi : if u have large
[2015-12-16 20:31:24] habibi : and feels bad
[2015-12-16 20:39:32] rapidtrades : wait a sec...is contract size several times larger on the XBU?
[2015-12-16 20:40:13] rapidtrades : any support here/ I'm getting 6 XBT when I input 30 contracts
[2015-12-16 20:41:46] TschavaTschigger : just read the contract details ffs... there is all information you need
[2015-12-16 20:41:49] BitMEX_Wally : `XBUZ15 is a XBT/USD futures contract settling on the .XBT2H Index. Each contract is worth $100 of Bitcoin.`
[2015-12-16 20:42:07] BitMEX_Wally : rapidtrades: https://www.bitmex.com/app/seriesGuide/XBU
[2015-12-16 20:42:10] rapidtrades : ah so same as okc,,,
[2015-12-16 20:42:38] BitMEX_Wally : Yes
[2015-12-16 20:43:10] rapidtrades : and there is no clawback on this contract?
[2015-12-16 20:43:42] glassbunker : What did i hear about 100x maybe being lowered
[2015-12-16 20:44:31] BitMEX_Wally : glassbunker: BitMEX has not said anything
[2015-12-16 20:44:41] glassbunker : Okay, cool. :)
[2015-12-16 20:45:29] habibi : glassbunker: if we jump above 1000$ bitmex will increase to 1000x :p
[2015-12-16 20:45:37] glassbunker : Cool
[2015-12-16 20:45:41] glassbunker : I like 1000x.
[2015-12-16 20:46:01] habibi : yea, and isolated margins will be liquidated even before contract opened
[2015-12-16 20:46:09] glassbunker : coo
[2015-12-16 20:46:11] habibi : so u just pay liquidation fee :)
[2015-12-16 20:46:17] glassbunker : :D perf
[2015-12-16 20:46:47] rapidtrades : BitMEX_Wally: is this the clawback-free contract?
[2015-12-16 20:50:24] sleger : for people who just discover bitmex, XBU is the clawback free contract and XBT has DPE
[2015-12-16 20:52:46] TschavaTschigger : we need volume :(
[2015-12-16 20:53:18] rapidtrades : there less that 100k since dec1, 60k last two days
[2015-12-16 20:53:37] rapidtrades : coinciding with clawback...
[2015-12-16 20:54:00] jesperf : don't be cry babies about DPE
[2015-12-16 20:54:07] jesperf : it's a small price to pay for 100x possibilites
[2015-12-16 20:54:23] rapidtrades : lool..only newbs use 100/1
[2015-12-16 20:54:43] jesperf : and the sith
[2015-12-16 20:54:52] habibi : only nebws short all way long again and again at uptrend
[2015-12-16 20:57:09] jesperf : better than satoshidice
[2015-12-16 20:57:21] thehawthorne : enter google: a long time ago in a galaxy far far away
[2015-12-16 21:00:15] TschavaTschigger : 127k open interest.. snorefest
[2015-12-16 21:00:49] TschavaTschigger : 90k out of these 127k is probably sledger
[2015-12-16 21:01:38] rapidtrades : u can't really blame ppl after two massive clawbacks in five days
[2015-12-16 21:02:00] rapidtrades : current premium doesn't reflect the risk imo
[2015-12-16 21:04:46] sleger : Nobody decides the premium, it is adjusted by the market participants for what they are willing to pay or not as premium, and by the sellers the same way.
[2015-12-16 21:08:16] rapidtrades : no shit capt Obvious
[2015-12-16 21:10:40] wurstgelee : rapidtrades: if it doesnt reflect the risk in your opinion, you should short
[2015-12-16 21:10:55] wurstgelee : because that risk/reward should be ok then
[2015-12-16 21:33:32] railslave : selling Elite dangerous resources for btc , anyone play ?
[2015-12-16 21:38:40] wurstgelee : no
[2015-12-16 21:38:54] wurstgelee : also some action
[2015-12-16 21:38:56] wurstgelee : UP!
[2015-12-16 21:39:01] REKT : Liquidated short on XBT24H: Buy 1000 @ 458.74