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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[2015-12-19 11:45:46] cataquil : yep I see. I always see a small spike at 12umt rollover
[2015-12-19 11:46:25] cataquil : but if you have layered orders down $10,20,x away from Fair Price
[2015-12-19 11:46:53] SnackyCoins : not saying there's no strategy :) just gotta keep it in mind
[2015-12-19 11:48:52] TschavaTschigger : "but if you have layered orders down $10,20,x away from Fair Price" what for?
[2015-12-19 11:51:07] justinlooking : to benefit from some poor sod's fat fingers!
[2015-12-19 11:51:22] TschavaTschigger : ok guys.. this time we do it right
[2015-12-19 11:51:36] TschavaTschigger : i am talking about settlement collusion
[2015-12-19 11:51:39] justinlooking : settlement colusion!
[2015-12-19 11:51:52] justinlooking : i'll show you mine if you show me yours :P
[2015-12-19 11:52:04] justinlooking : oh actually i don't have any 24h
[2015-12-19 11:52:18] justinlooking : paging sleger
[2015-12-19 11:53:07] ethexio : DO it.
[2015-12-19 11:53:13] TschavaTschigger : could the ask side go up please?
[2015-12-19 11:54:00] TschavaTschigger : up to 364.97 at least
[2015-12-19 11:54:10] TschavaTschigger : 364.94 min
[2015-12-19 11:54:15] ethexio : Nope.
[2015-12-19 11:54:37] SnackyCoins : you want to buy 364.97?
[2015-12-19 11:55:09] TschavaTschigger : i just want it fair, but settlement price changes a lot atm
[2015-12-19 11:56:13] SnackyCoins : oh you are long from 364.97 xD
[2015-12-19 11:57:20] TschavaTschigger : i seriously need that to implement that into my bot, including chat-instructions from "Settlement Collusion Bot" who calculates perfect fair price 60 sec before settlement
[2015-12-19 11:59:59] SnackyCoins : 3
[2015-12-19 11:59:59] SnackyCoins : 2
[2015-12-19 12:00:00] SnackyCoins : 1
[2015-12-19 12:04:32] j8 : would love to see settlement collusion bot get in a conversation with REKT bot
[2015-12-19 12:07:25] zanza : do settlement bots even exist?
[2015-12-19 12:10:19] j8 : need post-only orders to have a really tight settlement
[2015-12-19 12:14:20] ethexio : That's it?
[2015-12-19 12:14:26] justinlooking : cool chart, think it from reddit: https://plot.ly/~BashCo/5.embed?share_key=ljQVkaTiHXjX2W41UiqzCn
[2015-12-19 12:17:12] ethexio : Hmm. Affiliate system strange. Pending went to -- even before settlement.
[2015-12-19 12:20:23] ethexio : Was due some payout from today's affiliate action, but disappeared earlier and now doesn't show anything paid out today.
[2015-12-19 12:20:50] ethexio : Maybe rounded to 0
[2015-12-19 12:22:50] ethexio : Showed pending as 0.03+ish earlier today before settlement.
[2015-12-19 12:49:42] ethexio : Cool.
[2015-12-19 13:08:41] gustavo7 : quick question, will the XBU series be renewed? perhaps with a smaller contract size?
[2015-12-19 13:12:37] sleger : you need 20$ to take 1 contract, is that really too much ?
[2015-12-19 13:14:35] TschavaTschigger : since the contract is for hedging only, smaller sizes are not really needed. who would hedge 3$?
[2015-12-19 13:15:11] podizzle3k : gustavo
[2015-12-19 13:15:15] podizzle3k : thats who
[2015-12-19 13:15:29] podizzle3k : not everyone is working on the same scale as you
[2015-12-19 13:15:45] TschavaTschigger : I was actually just saying this so people would answer "rapidtrades"
[2015-12-19 13:16:02] donkey : lol
[2015-12-19 13:17:16] sleger : if you can afford internet and a computer, you can afford to have a min trade size of $20
[2015-12-19 13:17:37] podizzle3k : ive known lots of brazilians that are passionate about crypto but are nowhere near a $20 trade
[2015-12-19 13:17:49] podizzle3k : but feel free to backhandedly insult the customers per usual
[2015-12-19 13:18:39] TschavaTschigger : if you really wanna toy around with small figures just go with the xbt
[2015-12-19 13:19:06] sleger : it is barely the definition of insults. They have a computer, internet, and are"passionate" about bitcoin but dont own $20 of it and feel the need to hedge it against usd ?
[2015-12-19 13:19:07] TschavaTschigger : who wants to long-term hedge his 3-4 bucks, this customer group doesn't exist, no matter how many imaginary friends in brazil or africa you introduce
[2015-12-19 13:20:05] sleger : ridiculous indeed... hey i bought $5 worth of bitcoin and i am going to hedge it against another currency lol
[2015-12-19 13:20:12] TschavaTschigger : yes there are people with very small amounts of bitcoin who cant afford more, but they won't long term hedge it
[2015-12-19 13:20:14] TschavaTschigger : yeah rofl
[2015-12-19 13:26:06] sleger : podizzle3k: look at the order book on XBT24H and tell me if the tiny order size is not annoying
[2015-12-19 13:26:59] podizzle3k : not really annoying to me
[2015-12-19 13:27:07] wurstgelee : group it, problem solved
[2015-12-19 13:27:22] sleger : wurstgelee: forgot about group :) thanks
[2015-12-19 13:27:26] wurstgelee : :D
[2015-12-19 13:27:59] gustavo7 : sry for not coming back, was distracted hehe
[2015-12-19 13:28:04] sleger : wurstgelee: and by default you have it group to how much ?
[2015-12-19 13:28:11] laisee : 24H Asks look pretty anaemic
[2015-12-19 13:28:12] wurstgelee : 0.10
[2015-12-19 13:28:22] wurstgelee : not enough currently tho
[2015-12-19 13:28:23] podizzle3k : lol wtf thats the entire book?
[2015-12-19 13:28:27] wurstgelee : should group more
[2015-12-19 13:28:32] sleger : because I bet most people have it (like me) to 0.01 so that they can frontrun orders
[2015-12-19 13:28:43] sleger : podizzle3k: thats your proof that tiny order size is annoying
[2015-12-19 13:28:47] wurstgelee : lol....no sells i guess
[2015-12-19 13:29:20] podizzle3k : somethings wrong
[2015-12-19 13:29:23] justinlooking : it's not whole book
[2015-12-19 13:29:23] wurstgelee : well...or too many orders so grouping doesnt help
[2015-12-19 13:29:36] podizzle3k : yeah i have sells
[2015-12-19 13:29:37] justinlooking : u see 20 best prices... grouping doesn't get 20 best groups
[2015-12-19 13:29:39] podizzle3k : that arent showing
[2015-12-19 13:29:42] wurstgelee : ui only shows x orders
[2015-12-19 13:29:43] justinlooking : me too
[2015-12-19 13:29:55] habibi : yep
[2015-12-19 13:29:56] sleger : so... increase min order size
[2015-12-19 13:29:58] habibi : orderbook is broken
[2015-12-19 13:30:07] wurstgelee : thats indeed annoying now
[2015-12-19 13:30:08] laisee : very
[2015-12-19 13:30:21] laisee : Asks are MIA
[2015-12-19 13:30:23] sleger : tell that to @podizzle3k and @gustavo
[2015-12-19 13:30:33] wurstgelee : higher min order size please, yep
[2015-12-19 13:30:53] chromaticcr : lol who is playing w the orderbook
[2015-12-19 13:31:08] podizzle3k : oh ok i agree its fuckin annoying
[2015-12-19 13:31:17] sleger : chromaticcr: someone trying to explain someone else that min order size should be higher
[2015-12-19 13:31:26] podizzle3k : if you can have 20 1 contract orders and hide effectively everything else
[2015-12-19 13:31:30] justinlooking : it's u slege!
[2015-12-19 13:31:34] sleger : podizzle3k: when I get an official apology from you I will remove them
[2015-12-19 13:31:47] wurstgelee : sleger: podizzle3k: oh ok i agree its gently caressin annoying
[2015-12-19 13:31:51] gustavo7 : i just sometimes want to fully cover my account balance and it's anoying if it's only possible in $100 steps
[2015-12-19 13:31:51] wurstgelee : you already got it
[2015-12-19 13:31:52] wurstgelee : ;)
[2015-12-19 13:31:59] laisee : market manipulation
[2015-12-19 13:32:01] podizzle3k : sleger you didnt even realize that it only showed 20 you werent even grouped
[2015-12-19 13:32:07] podizzle3k : so shove the apology up your ass
[2015-12-19 13:32:17] sleger : podizzle3k: then keep playing with 1s
[2015-12-19 13:32:20] chromaticcr : bah, just use order grouping
[2015-12-19 13:32:23] podizzle3k : i will
[2015-12-19 13:32:34] TschavaTschigger : yeah that is indeed a bug.. just wait for sam or wally to come back and chill meanwhile
[2015-12-19 13:32:35] sleger : laisee: no, I was selling these are bona fide orders
[2015-12-19 13:32:38] podizzle3k : chromaticcr you dont get it, it only shows 20 regardless if youre grouped or not
[2015-12-19 13:32:54] laisee : /s
[2015-12-19 13:32:58] sleger : because it is using orderbook20 via WebSocket
[2015-12-19 13:33:26] TschavaTschigger : luckily i am using full one :)
[2015-12-19 13:34:50] TschavaTschigger : admins will be pissed, means more data throughput for their servers :(
[2015-12-19 13:34:56] wurstgelee : yes
[2015-12-19 13:35:05] sleger : negligible
[2015-12-19 13:35:18] sleger : and real orders, they chose the min size, I dont see the problem
[2015-12-19 13:35:31] justinlooking : what propossed min size?
[2015-12-19 13:35:40] sleger : like okcoin, 100$
[2015-12-19 13:35:50] sleger : (equivalent in btc)
[2015-12-19 13:36:00] wurstgelee : sleger: i have to say, you really excel in being an asshole to prove your point ;)
[2015-12-19 13:36:12] sleger : wurstgelee: compliment taken :)
[2015-12-19 13:36:19] wurstgelee : hehe
[2015-12-19 13:37:15] justinlooking : sleger: so a rebase? ie can only put orders in multiples of $100 and trade in multiples of $100?
[2015-12-19 13:37:41] sleger : gustavo7: one solution is to increase min order size but leave the steps to 1
[2015-12-19 13:38:03] sleger : justinlooking: either that, or just min order size 50-100 contracts but you can still place orders of 101 for instance
[2015-12-19 13:38:30] j8 : how do you close if you're left with less than the min size?
[2015-12-19 13:38:36] laisee : odd lots market in troll box
[2015-12-19 13:38:47] justinlooking : ^^ +1 j8
[2015-12-19 13:38:52] sleger : j8: you dont
[2015-12-19 13:39:10] sleger : if you have 140 position left place an order for 140 not fro 100
[2015-12-19 13:39:23] sleger : most people should be able to do that basic math
[2015-12-19 13:39:27] j8 : doesn't sound practical
[2015-12-19 13:39:31] justinlooking : yeh but partial fills...
[2015-12-19 13:39:33] sleger : but the easiest solution is just rebase indeed
[2015-12-19 13:42:28] j8 : i agree it should be bigger contract size. it changes with price though, so it's not future proof. the contracts are already double their USD value compared to at $330
[2015-12-19 13:45:42] REKT : Liquidated long on XBT7D: Sell 1151 @ 469.20
[2015-12-19 14:12:04] cataquil : maybe a 'big' contract
[2015-12-19 14:12:28] cataquil : they gotta keep contract size until the exchange gets more punters
[2015-12-19 15:10:24] Swedishnut : punters? buyers? longs?
[2015-12-19 15:13:48] laisee : Swedishnut: > shhh! market is sleeping.
[2015-12-19 15:14:27] Swedishnut : Honey Badger BTC doesn't rest :P
[2015-12-19 15:14:46] zanza : Swedishnut: are you still in USA?
[2015-12-19 15:15:27] Swedishnut : vacation is over :)
[2015-12-19 15:15:34] zanza : ahh
[2015-12-19 15:22:06] messiaen8844 : my vacation is beggining TODAY :)
[2015-12-19 15:22:24] messiaen8844 : euro-trip in 3 days
[2015-12-19 15:22:43] wurstgelee : crazy volatility that is
[2015-12-19 15:22:47] wurstgelee : almost $8 in 24h
[2015-12-19 15:22:50] wurstgelee : :/
[2015-12-19 15:24:20] Swedishnut : Nice Messiaen! Vacation really is a mindful reset and greatly needed most often and more often than you often desire :)
[2015-12-19 15:25:02] rapidtrades : you used often too often
[2015-12-19 15:25:07] Swedishnut : Now go off an have a wonderful vacation!
[2015-12-19 15:25:52] Swedishnut : I kinda tried :P sorry my humor can be pretty flat line flavoured
[2015-12-19 15:37:08] zanza : i wish i could have vacatino, someone on this exchange stoled my money
[2015-12-19 15:42:58] rapidtrades : zanza: who stoled your monies?
[2015-12-19 15:46:20] messiaen8844 : maybe the guy from kazakisthan (User_1)
[2015-12-19 15:47:35] zanza : think it was TschavaTschigger bot
[2015-12-19 15:48:52] justinlooking : those pesky liquidity providers!
[2015-12-19 15:49:06] laisee : what happened?
[2015-12-19 15:49:17] zanza : liquidity provider is a myth
[2015-12-19 15:49:33] sleger : did you sell, market went up and blaim it on a bot ?
[2015-12-19 15:50:54] zanza : so did anyone see Star Wars yet?
[2015-12-19 15:51:01] Swedishnut : yes
[2015-12-19 15:51:07] zanza : did you like it?
[2015-12-19 15:51:07] sleger : we'll tell you after you tell us what happened
[2015-12-19 15:51:14] zanza : no comment sleger
[2015-12-19 15:51:20] sleger : why not ?
[2015-12-19 15:51:33] zanza : market went to 460 instead of 260
[2015-12-19 15:51:43] Swedishnut : it was a tomato better than episode 1 with Jar Jar
[2015-12-19 15:51:48] zanza : rofl
[2015-12-19 15:52:01] zanza : Swedishnut: i think they are trying to appeal to a big audience
[2015-12-19 15:52:10] zanza : so make generic stuff
[2015-12-19 15:52:11] Swedishnut : Disney Hype all the way. Yeah total kids fest
[2015-12-19 15:52:16] TschavaTschigger : zanza: lol you got owned by my iq-20 bot? :D sorry for that
[2015-12-19 15:52:16] laisee : was too long and no sex or real violence.
[2015-12-19 15:52:36] zanza : does Natalie Portman strip ?
[2015-12-19 15:52:52] laisee : think that would not help, either
[2015-12-19 15:53:14] Swedishnut : lots of blaster and intro new characters to a longer set of movies set to rage your wallet and become your new ads for 4 years and 3 more movies
[2015-12-19 15:53:34] Swedishnut : no natalie in this one
[2015-12-19 15:53:35] laisee : and sell multiple toys
[2015-12-19 15:54:22] laisee : female lead was b.o.r.i.n.g. The new robot has more sex appeal and personality.
[2015-12-19 15:55:03] Swedishnut : it was just disappointing to me but I had pretty decent hype going into it. So I nay have set the bar to high.
[2015-12-19 15:55:56] Swedishnut : I thought the new lead could have said more but it is a pleasant change to see a Tom Boy hardened female lead
[2015-12-19 15:57:38] laisee : ... thats hollywoods preferred model now. See Fury Road. Still not really interesting characters unlike original cast(s)
[2015-12-19 15:58:32] messiaen8844 : Waiting for the first bitcoin mainstream movie
[2015-12-19 15:58:41] Swedishnut : Dope?
[2015-12-19 15:58:43] messiaen8844 : Silk Road story would be sooo interesting
[2015-12-19 16:02:49] REKT : Liquidated long on XBT24H: Sell 20 @ 463.54
[2015-12-19 16:03:59] REKT : Liquidated long on XBT7D: Sell 210 @ 466.41
[2015-12-19 16:04:29] REKT : Liquidated long on XBT24H: Sell 526 @ 462.18
[2015-12-19 16:04:29] REKT : Liquidated long on XBT24H: Sell 160 @ 462.15
[2015-12-19 16:14:20] messiaen8844 : http://www.capital.de/dasmagazin/der-digitale-lenin-hinter-der-blockchain.html
[2015-12-19 16:15:59] REKT : Liquidated long on XBT24H: Sell 42000 @ 460.92 <b>MEGA-REKT</b>
[2015-12-19 16:16:39] REKT : Liquidated long on XBT24H: Sell 17635 @ 459.13 <b>MEGA-REKT</b>
[2015-12-19 16:16:52] laisee : ouch
[2015-12-19 16:16:59] habibi : wow that lags here :p
[2015-12-19 16:19:16] rapidtrades : HA! only one person trades those sizes here!
[2015-12-19 16:19:27] rapidtrades : or claims to :)
[2015-12-19 16:19:30] habibi : ror
[2015-12-19 16:19:31] habibi : lell
[2015-12-19 16:19:33] habibi : lal
[2015-12-19 16:19:36] habibi : rapidtrades: u are so wrong :D
[2015-12-19 16:19:57] rapidtrades : sleger=busto
[2015-12-19 16:21:10] REKT : Liquidated long on XBT7D: Sell 100 @ 463.23
[2015-12-19 16:21:10] REKT : Liquidated long on XBT7D: Sell 100 @ 463.16
[2015-12-19 16:21:20] REKT : Abandon the ship
[2015-12-19 16:21:20] REKT : Liquidated long on XBT24H: Sell 25000 @ 456.01 <b>MEGA-REKT</b>
[2015-12-19 16:21:32] wurstgelee : finally, volatility
[2015-12-19 16:21:32] irbbqu : auch guys
[2015-12-19 16:21:40] REKT : Liquidated long on XBT7D: Sell 700 @ 458.48
[2015-12-19 16:21:40] REKT : Liquidated long on XBT24H: Sell 7593 @ 453.28
[2015-12-19 16:21:57] wurstgelee : will 3000 hold?
[2015-12-19 16:22:23] laisee : market wakes up
[2015-12-19 16:22:39] gustavo7 : now thats the bitcoin i missed
[2015-12-19 16:22:40] TschavaTschigger : great, had a typo in my bot <.< -0.6 btc haha
[2015-12-19 16:22:47] TschavaTschigger : -0.6 btc :D
[2015-12-19 16:22:52] TschavaTschigger : oopsi
[2015-12-19 16:22:58] wurstgelee : hehe
[2015-12-19 16:23:09] wurstgelee : got rid of my long with a smaller loss
[2015-12-19 16:23:30] wurstgelee : btfd as usual ;)
[2015-12-19 16:26:48] irbbqu : yea about that
[2015-12-19 16:27:41] irbbqu : 7d boolish as fuck
[2015-12-19 16:27:50] wurstgelee : 1 or 0?
[2015-12-19 16:28:02] wurstgelee : true or false?
[2015-12-19 16:28:04] wurstgelee : :p
[2015-12-19 16:28:13] laisee : XOR?
[2015-12-19 16:29:10] REKT : Liquidated short on XBT24H: Buy 3940 @ 456.63
[2015-12-19 16:29:39] wurstgelee : k btfd long gone
[2015-12-19 16:29:42] messiaen8844 : I like this cantle
[2015-12-19 16:29:44] messiaen8844 : *candle
[2015-12-19 16:29:45] messiaen8844 : https://www.tradingview.com/x/Xci8nRC1/
[2015-12-19 16:30:37] wurstgelee : 0.0031 XBT
[2015-12-19 16:30:40] wurstgelee : realised PNL
[2015-12-19 16:30:41] wurstgelee : lol
[2015-12-19 16:30:46] wurstgelee : big money was made
[2015-12-19 16:31:02] irbbqu : ^^
[2015-12-19 16:31:32] laisee : don't spend it all on lap dances and intoxicants
[2015-12-19 16:31:45] wurstgelee : for what else?
[2015-12-19 16:32:43] laisee : saving for rainy day, ofc
[2015-12-19 16:33:10] wurstgelee : rainy day lapdances and intoxicants, ofc
[2015-12-19 16:33:41] laisee : got it all covered.
[2015-12-19 16:33:56] wurstgelee : gotto go outside an fetch some groceries, wait with next dump until i am back please ;)
[2015-12-19 16:33:57] wurstgelee : bbl
[2015-12-19 16:40:37] zanza : wurstgelee: get a new Yacht?
[2015-12-19 17:32:46] justinlooking : grrr
[2015-12-19 17:33:14] Swedishnut : Whats up Tony? You Grrr-Eat!?
[2015-12-19 17:33:26] justinlooking : I'm a bear not a tiger!
[2015-12-19 17:34:37] justinlooking : a bear that has chased okc offers for nearly $10 :(
[2015-12-19 17:36:29] Swedishnut : market has been pretty wild lately
[2015-12-19 17:38:23] messiaen8844 : how
[2015-12-19 17:38:50] messiaen8844 : so?
[2015-12-19 17:39:23] justinlooking : +40% in 30 days goes some way to explaining it
[2015-12-19 17:40:48] messiaen8844 : "lately" and "wild" can have many meanings (and time frames)
[2015-12-19 17:41:06] messiaen8844 : it's trending, not that wild. Wild is when we don't have a direction and it goes all Seek and De
[2015-12-19 17:41:11] messiaen8844 : Search and Destroy
[2015-12-19 17:42:27] messiaen8844 : those scenarios where people keep losing money because signals are contradictory and not cle
[2015-12-19 17:52:59] messiaen8844 : best analysis: https://www.tradingview.com/x/zv7rv5Zg/
[2015-12-19 17:55:41] wurstgelee : haha
[2015-12-19 17:55:47] habibi : looks fair enought
[2015-12-19 17:56:06] wurstgelee : oh noes, pooping dinosaur pattern
[2015-12-19 17:56:54] habibi : but dinos died off at end so
[2015-12-19 17:57:08] wurstgelee : yep
[2015-12-19 17:57:22] wurstgelee : starting to think this will dump again soon
[2015-12-19 17:57:27] wurstgelee : past 3000 this time
[2015-12-19 17:59:44] justinlooking : wurstgelee: yup, altho can't seem to make a profit on a short so going back to buying dips
[2015-12-19 18:00:00] wurstgelee : haha, thats my problem too
[2015-12-19 18:00:03] wurstgelee : i suck at shorting
[2015-12-19 18:00:09] wurstgelee : i am better @ btfd
[2015-12-19 18:02:04] podizzle3k : thats becaus going against the trend is suicide
[2015-12-19 18:02:14] podizzle3k : its like going long in 2014
[2015-12-19 18:02:21] podizzle3k : and first half of 2015
[2015-12-19 18:02:30] TschavaTschigger : or now
[2015-12-19 18:02:52] podizzle3k : or now? haha my 24hr realized profit suggests otherwise
[2015-12-19 18:03:12] TschavaTschigger : you made profit last 24h? congratulations
[2015-12-19 18:03:34] podizzle3k : ive been long since september
[2015-12-19 18:03:39] podizzle3k : hasnt failed yet
[2015-12-19 18:03:59] wurstgelee : podizzle3k: cept when you ecided that 1000% ROE is not enough ;)
[2015-12-19 18:04:02] wurstgelee : *d
[2015-12-19 18:04:12] podizzle3k : even then i was up on the week
[2015-12-19 18:04:20] podizzle3k : just not nearly as much as could have been
[2015-12-19 18:04:52] REKT : Liquidated short on XBT24H: Buy 470 @ 461.99
[2015-12-19 18:05:00] podizzle3k : 1000% became 150% pretty much
[2015-12-19 18:05:08] podizzle3k : a pathetic 150% ;)
[2015-12-19 18:05:11] wurstgelee : hehe
[2015-12-19 18:05:42] podizzle3k : at the time i didnt know how withheld profit worked so i thought i was completely rekt
[2015-12-19 18:05:47] podizzle3k : thank god for withheld profit
[2015-12-19 18:05:50] podizzle3k : save me from myself
[2015-12-19 18:11:38] messiaen8844 : take partial profits, then let the position run itself with a stop on breakeven
[2015-12-19 18:12:31] messiaen8844 : or adjusting the stop up as profits increase
[2015-12-19 18:27:20] podizzle3k : china futures holding, spot goin down. whats the deal
[2015-12-19 18:28:05] wurstgelee : i am wondering
[2015-12-19 18:28:11] podizzle3k : oh cryptowatch is broke on okcoin
[2015-12-19 18:28:18] wurstgelee : haha
[2015-12-19 18:28:23] podizzle3k : there it goes
[2015-12-19 18:28:38] habibi : https://www.okcoin.cn/market.do use it instead
[2015-12-19 18:28:43] podizzle3k : thats always scary when it drops out in th emiddle of a dump
[2015-12-19 18:28:56] podizzle3k : always makes me think its going to reappear 1000cny lower
[2015-12-19 18:29:24] podizzle3k : yeah habibi i usually do i just dont care enough atm to chart watch
[2015-12-19 18:29:43] podizzle3k : been cutting back
[2015-12-19 18:29:46] podizzle3k : save my health a bit
[2015-12-19 18:42:51] habibi : lol just noticed someones 25k contracts get rekt
[2015-12-19 18:50:19] zanza : BTFD /blink
[2015-12-19 19:26:35] jesperf : blink and it's gone
[2015-12-19 19:40:58] Swedishnut : break out of 3060 a bit?
[2015-12-19 19:41:51] justinlooking : just closing last of shorts so expecting a dump
[2015-12-19 20:00:57] messiaen8844 : Bitcoin NSFW
[2015-12-19 20:00:58] messiaen8844 : https://www.tradingview.com/x/n52qrCZt/
[2015-12-19 21:10:04] podizzle3k : someone pump the butt i want to cash out
[2015-12-19 21:17:08] wurstgelee : how much do i need to pump it?
[2015-12-19 21:19:22] Swedishnut : 20$ should do :P
[2015-12-19 21:19:36] wurstgelee : hehe
[2015-12-19 21:37:35] zanza : AmericanPegasus has the best bitcoin chart
[2015-12-19 21:50:56] podizzle3k : im pumping it
[2015-12-19 21:50:59] podizzle3k : got sick of waiting
[2015-12-19 21:51:05] podizzle3k : gonna take it to 3190
[2015-12-19 21:51:08] wurstgelee : haha
[2015-12-19 21:51:32] podizzle3k : $100 ought to do it
[2015-12-19 22:00:38] wurstgelee : podizzle3k: $1 achieved, $99 to go
[2015-12-19 22:00:53] wurstgelee : mh, not even a $
[2015-12-19 22:01:02] podizzle3k : no i meant im putting $100 in total
[2015-12-19 22:01:07] podizzle3k : to pump it to 3100cny
[2015-12-19 22:05:38] wurstgelee : i see
[2015-12-19 22:06:31] Swedishnut : podizzle your dollar goes a long way
[2015-12-19 22:12:54] podizzle3k : well people seem my buying pattern and join in. its contagious like a psy video
[2015-12-19 22:13:13] podizzle3k : somehow i bought 7d and 24hr at the same time yet my 7d is 40% ahead
[2015-12-19 22:14:24] habibi : probally u bought just after settlement
[2015-12-19 22:14:52] wurstgelee : funny that 7d still has $2.5 premium over 25 Dec
[2015-12-19 22:15:18] habibi : u mean 10$
[2015-12-19 22:15:22] habibi : at last price
[2015-12-19 22:15:38] wurstgelee : ah yes, asks ofc
[2015-12-19 22:15:49] wurstgelee : bids even more
[2015-12-19 22:16:25] wurstgelee : fair price has $2.5 difference too tho
[2015-12-19 22:16:36] wurstgelee : or even 3
[2015-12-19 23:05:01] dr.rock : what the good word? first day on here. any advice for a rookie?
[2015-12-19 23:08:11] thebigmac : avoid being liquidated that shit wipes out your whole account
[2015-12-19 23:08:21] micmix : dr.rock: this place is a bit more advanced than regular bitcoin exchnages. make sure you understand the difference between isolated and cross margin: https://www.bitmex.com/app/isolatedMargin
[2015-12-19 23:11:41] dr.rock : super helpful stuff thanks
[2015-12-19 23:11:57] habibi : dont use isolated, just play on small leverage compared to whole ur account balance
[2015-12-19 23:13:57] laisee : make sure you get clear 20-25% profit on a trade or fees might result in loss.
[2015-12-19 23:14:35] sleger : doesnt make sense to not use high leverage here, because you then pay the option for people who use high leverage and create DPE
[2015-12-19 23:16:32] laisee : take time to enjoy the wit & repartee between rapidtrades & sleger.
[2015-12-19 23:17:45] justinlooking : sleger: what is high leverage tho? 100x is ridiculous and will get you rekt pdq
[2015-12-19 23:18:38] sleger : take isolate margin position on big market moves. If goes in your favor profit, if not then repeat
[2015-12-19 23:19:16] wurstgelee : isolated+some manual margin as safety works as well
[2015-12-19 23:20:12] rapidtrades : sleger: I would expect them to close that loophole....seems like a license to steal for the whales
[2015-12-19 23:20:51] sleger : thats not a loophole thats part of the rules, and according to the owners, that is the reason why they have the volume they do.
[2015-12-19 23:21:01] wurstgelee : lol @ loophole
[2015-12-19 23:21:09] justinlooking : i still don't get how you guys think dpe is exploitable...
[2015-12-19 23:21:18] rapidtrades : sleger: it is a loophole..u just stated it urself
[2015-12-19 23:21:19] justinlooking : or is it a joke?
[2015-12-19 23:21:34] sleger : justinlooking: of course it is, it is an option
[2015-12-19 23:21:40] sleger : the higher the volatility the higher its value
[2015-12-19 23:21:46] sleger : thats why it happens on high vol mostly
[2015-12-19 23:22:02] sleger : i dont remember using the word loophole though.
[2015-12-19 23:22:10] sleger : Got to go see star wars now bye
[2015-12-19 23:22:16] wurstgelee : hf
[2015-12-19 23:22:16] justinlooking : have fun
[2015-12-19 23:22:37] dr.rock : sry what is dpe?
[2015-12-19 23:22:44] rapidtrades : clawback
[2015-12-19 23:22:44] justinlooking : soclialised losses
[2015-12-19 23:23:05] wurstgelee : it's currently 0.00% tho
[2015-12-19 23:23:21] wurstgelee : it is most of the days, we had days with 30+% as well tho
[2015-12-19 23:23:24] wurstgelee : 2 iirc
[2015-12-19 23:23:31] wurstgelee : in the last weeks
[2015-12-19 23:23:49] justinlooking : wurstgelee: do you get how it's exploitable?
[2015-12-19 23:23:55] rapidtrades : the two were in the past 10 days if im not mistaken
[2015-12-19 23:23:55] wurstgelee : no
[2015-12-19 23:24:05] wurstgelee : rapidtrades: probably
[2015-12-19 23:24:24] justinlooking : rapidtrades: can you explain it in terms an idiot could understand, coz i just don't get it...
[2015-12-19 23:24:55] rapidtrades : justinlooking: dpe is not exploitable but u his point was if u don't use it, u'll end up paying it
[2015-12-19 23:25:07] rapidtrades : if u don't use isolate margin
[2015-12-19 23:25:53] wurstgelee : that makes no sense
[2015-12-19 23:25:54] rapidtrades : basically whenever large moves happen isolate will cap ur loss...while on the other side suckers will pay DPE even if they're right
[2015-12-19 23:26:31] wurstgelee : i get what youre trying to say tho
[2015-12-19 23:26:35] rapidtrades : it's more of a ''make the best of a bad situation'
[2015-12-19 23:26:37] wurstgelee : but thats not eploiting at all
[2015-12-19 23:26:40] wurstgelee : yes
[2015-12-19 23:26:44] rapidtrades : sleger said it not me
[2015-12-19 23:27:20] wurstgelee : ok, 7:30 am in china, bring it
[2015-12-19 23:27:30] wurstgelee : such boredom :|
[2015-12-19 23:27:41] rapidtrades : he's prolly right tho, if it's true that he trades 50k+ contracts, using isolate is a major help for him
[2015-12-19 23:28:01] wurstgelee : ofc it is, but imo it also helps with smaller positions
[2015-12-19 23:28:14] wurstgelee : since losses and wins a proportional to position size ofc
[2015-12-19 23:31:39] j8 : he's saying you can take advantage of fixed liability and unlimited potential gains
[2015-12-19 23:32:15] wurstgelee : that.
[2015-12-19 23:33:10] j8 : in that way it's like an option. the penalty for being liquidated is like the premium you pay, it's quite large but in high enough volatility it could be worth it
[2015-12-19 23:35:02] laisee : j8: > exactly. 100X with isolated is like a binary option combined with satoshidice ...
[2015-12-19 23:35:31] wurstgelee : haha
[2015-12-19 23:35:32] laisee : especially if you trade just b4 settlement.
[2015-12-19 23:35:42] wurstgelee : should be less random than dice tho
[2015-12-19 23:35:45] wurstgelee : unless you suck
[2015-12-19 23:35:46] wurstgelee : =)
[2015-12-19 23:36:00] laisee : ... supreme dice skills ...
[2015-12-19 23:36:26] laisee : I miss just-dice.com
[2015-12-19 23:36:26] wurstgelee : i do use isolated but add some manual margin, ~ 0.01 per 1k contracts
[2015-12-19 23:37:04] wurstgelee : reduces the risk to get mc due to completely random ups and downs
[2015-12-19 23:37:07] j8 : you could sell as much as you want to yourself on a separate account and isolate both
[2015-12-19 23:37:37] wurstgelee : or open to accounts and go long in one, short in the other in high vol times
[2015-12-19 23:37:41] wurstgelee : both isolated offc
[2015-12-19 23:37:55] wurstgelee : burn one account, $$$ in the other ;)
[2015-12-19 23:38:03] wurstgelee : *two not to
[2015-12-19 23:39:25] wurstgelee : the risk getting mc in both isnt worth it ofc
[2015-12-19 23:39:27] micmix : about the dice skills: our MM uses a model with uninformed traders and noisily informed traders. Uninformed trader is a trader who cannot predict the price movement (basically places random bets). So BitMEX has over 75% uninformed traders according to our model :-)
[2015-12-19 23:39:43] wurstgelee : lol
[2015-12-19 23:39:47] wurstgelee : :D
[2015-12-19 23:40:05] micmix : talking about short term moves on daily
[2015-12-19 23:40:47] micmix : didn't do modeling on longer time frames yet
[2015-12-19 23:40:57] TschavaTschigger : what exactly is the difference between "noisy traders" and "uninformed traders"?
[2015-12-19 23:41:45] micmix : noisily informed trader is a trader who can predict the price with some normally distributed error (noise)
[2015-12-19 23:42:21] wurstgelee : have u some variation in accuracy for the noisily informed traders?
[2015-12-19 23:42:28] TschavaTschigger : pretty irritating. in financial context, a noise-trader is someone who trades on noise = misinformation
[2015-12-19 23:42:29] wurstgelee : or do u assume the same for all?
[2015-12-19 23:42:37] TschavaTschigger : which is basically the definition of an uninformed trader
[2015-12-19 23:42:46] wurstgelee : just curious, no if u dont want to tell
[2015-12-19 23:42:48] wurstgelee : =)
[2015-12-19 23:42:53] wurstgelee : *no problem
[2015-12-19 23:43:03] micmix : noisily informed trader is a common term in econophysics
[2015-12-19 23:43:34] rapidtrades : micmix: is 75% low or high compared to okc futures for example?
[2015-12-19 23:45:27] micmix : wurstgelee: sorry, don't understand the question. each noisily informed trader has its own error distribution (basically some are better than others)
[2015-12-19 23:45:50] wurstgelee : that was the answer to my question ;)
[2015-12-19 23:45:58] micmix : rapidtrades: 75% is high, okc is about 60%
[2015-12-19 23:45:58] rapidtrades : micmix: and rapid is the best! our data confirms this
[2015-12-19 23:46:24] wurstgelee : rapidtrades: youre the rolemodel for the noisily informed trader with 100% error ;)
[2015-12-19 23:46:36] micmix : it's not like we know who is better and who is not, it's modeled as an aggregate
[2015-12-19 23:46:59] j8 : hey 100% error is zero noise
[2015-12-19 23:47:01] rapidtrades : micmix: how about bitfinex and okc spot usd?
[2015-12-19 23:47:06] wurstgelee : j8: lol, good point
[2015-12-19 23:48:10] micmix : don't remember the numbers but I think BitMEX is one of the highest. okcoin spot is a different beast, we use other models on okc spot
[2015-12-19 23:48:32] micmix : okc spot btc/cny I mean
[2015-12-19 23:49:17] micmix : maybe Bitmex is like that because of the quanto futures and very strong long preference
[2015-12-19 23:49:25] rapidtrades : micmix: I think the quanto structure prolly plays a part here...it pays more to be long so...yes
[2015-12-19 23:49:35] rapidtrades : I was just tying th
[2015-12-19 23:49:45] rapidtrades : typing *
[2015-12-19 23:52:00] micmix : both huobi and okc btc/cny is 90% controlled by bots, informed trader models don't work there
[2015-12-19 23:52:34] micmix : basic mean-reversal MM works better
[2015-12-19 23:52:53] j8 : there is definitely a long bias here. i think its party because the market has only existed in an uptrend though
[2015-12-19 23:53:19] rapidtrades : micmix: do u think okc futures lead spot or the other way around? any data on this?
[2015-12-19 23:56:35] micmix : spot leads most often but it's not a reliable indicator for human traders anyway
[2015-12-19 23:56:42] BitMEX_Wally : We know that the tail must wag the dog, for the horse is drawn by the cart;
[2015-12-19 23:56:42] wurstgelee : btc is such a tease....
[2015-12-19 23:56:58] BitMEX_Wally : But the Devil whoops, as he whooped of old: "It's clever, but is it Art ?"
[2015-12-19 23:57:24] wurstgelee : BitMEX_Wally: lol. did u have a few drinks? ;)
[2015-12-19 23:57:35] justinlooking : haha wtf wally
[2015-12-19 23:57:38] micmix : you can't beat the bots at their game :-)
[2015-12-19 23:58:20] rapidtrades : micmix: yeah that's why I was asking..u would think that 90% would be exploitable
[2015-12-19 23:58:33] rapidtrades : *90% bots
[2015-12-19 23:58:51] micmix : what Wally means is that saying that futures lead spot is like saying tail wags the dog, or vice versa, your choice :-)
[2015-12-19 23:59:21] rapidtrades : yeah but futures volume dwarfs spot...it's not even comparable
[2015-12-19 23:59:53] micmix : i know nothing about finance, have masters in physics :-)
[2015-12-20 00:02:14] BitMEX_Wally : I'm a fan of Kipling poems :)
[2015-12-20 00:03:16] micmix : BitMEX_Wally: what are you doing here on the weekend with us poor sobs?
[2015-12-20 00:03:27] TschavaTschigger : spot leads futures, no doubt about that. the derivate volume is a tiny fraction of the spot volume. the latter is defining the price, not the former.
[2015-12-20 00:04:05] BitMEX_Wally : micmix: They're always someone online, so we can monitor the system and handle support requests
[2015-12-20 00:04:06] rapidtrades : TschavaTschigger: not true...volume is 20X higher in futures
[2015-12-20 00:04:21] TschavaTschigger : rapidtrades: wrong... this is just the notional value
[2015-12-20 00:04:31] rapidtrades : ur wrong
[2015-12-20 00:04:43] TschavaTschigger : like XBT24H has 6.8k coins turnover in 24 hours ;)
[2015-12-20 00:05:00] micmix : BitMEX_Wally: shift work? that sucks :-(
[2015-12-20 00:05:01] TschavaTschigger : this doesn't mean they are trading 6.8 coins, it is just the notional value of the future
[2015-12-20 00:05:15] rapidtrades : that's what volume means dude....ffs
[2015-12-20 00:06:44] TschavaTschigger : so when I buy a one-day option on a rock-solid stock with zero volatility, out of the money, for one cent, this means I traded 640 dollars, right? (price of the stock)
[2015-12-20 00:07:01] TschavaTschigger : nope, it's just the notional value of the derivative
[2015-12-20 00:07:26] TschavaTschigger : that's why trading volume of derivative markets are misleading
[2015-12-20 00:07:33] rapidtrades : it's not an option...ur misleading
[2015-12-20 00:08:01] micmix : spot lead futures in the real world but we leave in the bitcoin world. I can point to many instances were some manipulation on the futures market influenced spot
[2015-12-20 00:09:01] TschavaTschigger : If some big whales fatfinger or manipulate, sure it will have an effect, no doubt
[2015-12-20 00:09:12] TschavaTschigger : but 95% of the time, if you look at the big movements, it's the spot market
[2015-12-20 00:09:19] micmix : yep
[2015-12-20 00:10:01] rapidtrades : which spot? okc or huobi
[2015-12-20 00:23:42] podizzle3k : okc futures may just be market leader right now
[2015-12-20 00:24:16] TschavaTschigger : podizzle3k: measured by what?
[2015-12-20 00:24:50] wurstgelee : bc candles often show there first
[2015-12-20 00:24:55] wurstgelee : and spot follows
[2015-12-20 00:40:09] jung1 : damn bitcoin hype in media is bigger and bigger
[2015-12-20 00:40:20] jung1 : '16 will be awesome
[2015-12-20 00:41:51] habibi : normally when there's media attention-hype its sing to get out
[2015-12-20 00:44:25] jung1 : yeah if your cab driver say to buy some shares its best time to sell it
[2015-12-20 00:46:26] jung1 : http://i.imgur.com/jLnrOuK.gif according to this bitcoin should cost around 2600
[2015-12-20 00:50:03] habibi : yea, satoshidice is a best btc promoting service all over. u know big % are satoshi dice txs?
[2015-12-20 00:56:11] jung1 : shure
[2015-12-20 01:07:15] podizzle3k : jung1 a lot of transactions are faked too
[2015-12-20 01:07:41] podizzle3k : still i think its bullish indicator
[2015-12-20 01:09:05] podizzle3k : most likely just people "testing" the network by sending coins to themself
[2015-12-20 01:09:24] podizzle3k : testing or trying to fuck
[2015-12-20 01:09:28] podizzle3k : depending on how you see it
[2015-12-20 01:15:06] jung1 : yeah but you know its one of indicators that show networks health
[2015-12-20 01:15:14] jung1 : hashrate grow as well
[2015-12-20 01:15:51] habibi : u know that means nothing more than new generations of asics?
[2015-12-20 01:24:31] REKT : Liquidated long on XBT24H: Sell 1910 @ 459.70
[2015-12-20 01:30:42] REKT : Liquidated long on XBT7D: Sell 500 @ 465.20
[2015-12-20 01:30:52] REKT : Liquidated long on XBTH16: Sell 10 @ 581.99
[2015-12-20 01:32:12] REKT : Liquidated long on XBT24H: Sell 2000 @ 459.40
[2015-12-20 02:24:53] REKT : Liquidated long on XBT24H: Sell 34 @ 458.13
[2015-12-20 02:33:03] REKT : Liquidated long on XBT7D: Sell 500 @ 461.32
[2015-12-20 03:35:21] laisee : hype cycle fro tech: https://upload.wikimedia.org/wikipedia/commons/b/bf/Hype-Cycle-General.png
[2015-12-20 03:47:18] micmix : laisee: are we at the end of through of disillusionment?
[2015-12-20 03:48:09] micmix : or still sliding down?
[2015-12-20 03:48:20] laisee : hard to say
[2015-12-20 03:48:37] laisee : still sliding down according to Gartner
[2015-12-20 03:48:50] laisee : this article quite good: https://www.mediadecoded.com/bitcoin-beware-the-hype-cycle/
[2015-12-20 03:50:31] micmix : "The following is an excerpt from “Bitcoin: The Future of Money?” published in November 2014." - so in the through now or just started to climb up I would guess
[2015-12-20 03:52:51] micmix : the problem is that some technologies never climb up. are you old enough to remember the Segway hype?
[2015-12-20 03:56:06] podizzle3k : segway whats that something my grandpa used to ride?
[2015-12-20 04:11:33] micmix : :-) It was supposed to be a revolution in personal transportation. We were going to ride Segway everywhere, it was supposed to make cars and public transportation obsolete. Reminds you of anything? :-) The hype was enormous
[2015-12-20 04:13:15] micmix : http://blogs.wsj.com/digits/2010/09/27/from-hype-to-disaster-segways-timeline/ for anyone interested
[2015-12-20 04:15:21] laisee : segway still used some places but not the big deal it was hyped to be ...
[2015-12-20 04:16:47] micmix : yep, that's what could happen with bitcoin I'm afraid
[2015-12-20 04:17:01] podizzle3k : dunno about that but i do remember a time when there wasnt even 4g. everyone had to use something called '3 g' it was horrible. but you are all too young to remember that
[2015-12-20 04:18:20] laisee : sounds too primitive to be true. how did anyone access social media 24X7?