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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<< >> English 中文 Русский 한국어 日本語 Español Français [2016-01-08 01:11:00] rapidtrades : great...fomo [2016-01-08 01:13:50] joequant : yup. shanghai is pulling up hk. still negative but bouncing up [2016-01-08 01:14:56] rapidtrades : shanghai isn't open yet? [2016-01-08 01:15:31] joequant : futures [2016-01-08 01:15:49] singularity321 : it just opened [2016-01-08 01:17:38] rapidtrades : fixing little changed [2016-01-08 01:18:19] rapidtrades : markets rallying [2016-01-08 01:19:39] rapidtrades : 100 pips spike in usd/jpy [2016-01-08 01:19:45] rapidtrades : crazy shit... [2016-01-08 01:20:04] rapidtrades : is china really that important...I feel like this is a massive overreaction [2016-01-08 01:20:47] rapidtrades : WHO GIVES A SHIT...THEY'RE TOO POOR TO BUY ANYTHING [2016-01-08 01:20:58] habibi : glad to hear that, lets do some new highs then [2016-01-08 01:21:04] habibi : yea china is poor. in ur world man [2016-01-08 01:21:23] rapidtrades : yeah it is...prove otherwise [2016-01-08 01:21:56] singularity321 : they are the worlds biggest importer of oil and iron ore [2016-01-08 01:22:07] singularity321 : you are detached from reality @habibi [2016-01-08 01:22:24] rapidtrades : right...but other sectors shouldn't be crashing [2016-01-08 01:22:24] singularity321 : whoops I mean @rapidtrades [2016-01-08 01:22:37] justinlooking : 3063 OKC [2016-01-08 01:22:39] habibi : shiet. i was about to be a real pita for u singularity321 :D [2016-01-08 01:22:40] singularity321 : There's a lot invested in china [2016-01-08 01:22:53] manchstr_untd1 : getting close to the big triangle [2016-01-08 01:23:21] rapidtrades : it's just stupid ppl selling cos last year their portfolio didn't go up 10% as usual [2016-01-08 01:23:24] rapidtrades : dum dums [2016-01-08 01:23:53] singularity321 : Well if they sold stocks two days ago before it crashed 7% they arn't stupid [2016-01-08 01:23:59] habibi : so thats ur explanation for losses in shorts? stupid people that didnt get 10% profit? [2016-01-08 01:24:15] rapidtrades : singularity321: I'm talking about US market not China [2016-01-08 01:24:43] singularity321 : ok replace the 7% with 2-3% [2016-01-08 01:25:12] rapidtrades : America doesn't export to China, it's f absurd [2016-01-08 01:25:33] singularity321 : yes it does [2016-01-08 01:25:37] justinlooking : yup [2016-01-08 01:25:57] justinlooking : + exports its debt lol [2016-01-08 01:26:09] manchstr_untd1 : if we breach 3090 who knows where we stop [2016-01-08 01:26:09] rapidtrades : well 2.5% gain for Shanghai [2016-01-08 01:26:11] singularity321 : about 8% of american exports are to china [2016-01-08 01:26:37] rapidtrades : singularity321: oh no a while 8%! [2016-01-08 01:27:14] rapidtrades : whole* [2016-01-08 01:27:14] singularity321 : what? [2016-01-08 01:27:21] REKT : Liquidated short on `XBT7D`: Buy 135 @ 465.47 [2016-01-08 01:27:23] singularity321 : you're weird [2016-01-08 01:27:41] REKT : Liquidated short on `XBT24H`: Buy 38062 @ 466.81 **MEGA-REKT** :boom: [2016-01-08 01:27:44] rapidtrades : exports don't matter for America dude....it's not a big player in world trade...trade is small part of US GDP [2016-01-08 01:28:09] singularity321 : yes you win [2016-01-08 01:28:11] singularity321 : the argument [2016-01-08 01:28:18] singularity321 : congrats [2016-01-08 01:28:45] rapidtrades : check the stats and u'll see I'm right [2016-01-08 01:28:49] manchstr_untd1 : holy shit shorts rekt [2016-01-08 01:29:23] justinlooking : sleger can u put some distant offers in 7d plz. i keep seeing end of book and it is scaring me [2016-01-08 01:29:35] singularity321 : i think the REKT bot is possibly my bot of all time haha [2016-01-08 01:29:45] singularity321 : *fav [2016-01-08 01:31:08] babybaby : lulz [2016-01-08 01:31:24] rapidtrades : China higher, CNY rate not changed 6.56 [2016-01-08 01:34:32] j8 : rapidtrades: did you bail on your okc shorts yet [2016-01-08 01:34:44] rapidtrades : nope...decided to hold them [2016-01-08 01:34:47] sleger : justinlooking: done [2016-01-08 01:34:51] justinlooking : ty [2016-01-08 01:35:18] rapidtrades : I should be completely hedged atm tho....unless btc-e is doing an exit scam [2016-01-08 01:35:57] justinlooking : dont u mean arbed :P [2016-01-08 01:36:11] j8 : rapidtrades: i've thought that before, then got crushed by china premium + quarterly premium [2016-01-08 01:36:26] babybaby : btc-e is not doing exit scam imo [2016-01-08 01:36:41] REKT : Liquidated long on `XBT24H`: Sell 5000 @ 463.83 [2016-01-08 01:36:51] REKT : Getting chopped to death is fun, everyone should try it! [2016-01-08 01:36:51] REKT : Liquidated long on `XBT24H`: Sell 20 @ 463.30 [2016-01-08 01:36:55] rapidtrades : look at that panic [2016-01-08 01:37:01] REKT : Liquidated long on `XBT24H`: Sell 44 @ 463.00 [2016-01-08 01:37:21] REKT : Liquidated long on `XBT24H`: Sell 116 @ 460.40 [2016-01-08 01:37:34] rapidtrades : matter of time until we get some DPE [2016-01-08 01:37:55] rapidtrades : ppl were crazy bullish earlier [2016-01-08 01:39:01] REKT : Liquidated long on `XBT24H`: Sell 500 @ 459.69 [2016-01-08 01:39:11] REKT : Liquidated long on `XBT24H`: Sell 4000 @ 457.46 [2016-01-08 01:39:21] REKT : Liquidated long on `XBT24H`: Sell 2000 @ 457.16 [2016-01-08 01:39:52] sleger : nice nice nice, again again [2016-01-08 01:40:01] REKT : Liquidated long on `XBT24H`: Sell 200 @ 456.49 [2016-01-08 01:40:19] rapidtrades : sleger: buying the crash baller sledger? [2016-01-08 01:40:31] sleger : starting to yes [2016-01-08 01:41:38] joequant : the crash talk was so last 30 minutes ago. [2016-01-08 01:41:48] joequant : I love trading!!! [2016-01-08 01:42:20] Swedishnut : some serious edge of your seats stuff tonight [2016-01-08 01:46:21] REKT : Liquidated short on `XBT24H`: Buy 116 @ 462.51 [2016-01-08 01:47:55] manchstr_untd1 : lol [2016-01-08 01:48:30] justinlooking : so... about that chinese stock market [2016-01-08 01:49:19] joequant : oh that bounce just disappears. [2016-01-08 01:50:38] rapidtrades : yeah we're not going anywhere tonight [2016-01-08 01:50:51] REKT : Liquidated long on `XBT24H`: Sell 18000 @ 460.45 **MEGA-REKT** :boom: [2016-01-08 01:50:52] rapidtrades : could crash but up looks unlikely [2016-01-08 01:51:21] glassbunker : LOL [2016-01-08 01:53:34] rapidtrades : Shanghai back green [2016-01-08 01:53:57] joequant : the cool thing about the chinese market is that you have a room full of clueless traders. On the other hand, since they are so clueless, you can't outsmart them. [2016-01-08 01:54:28] sleger : sounds like this trollbox here [2016-01-08 01:54:53] rapidtrades : some nasty nasty swings in China [2016-01-08 01:55:47] sleger : fx market extremely active for that time of day [2016-01-08 01:56:22] rapidtrades : yeah usd/jpy spiked 100 pips in min on that fixing that left the rate unchanged [2016-01-08 01:56:30] rapidtrades : in 1 min * [2016-01-08 01:57:08] joequant : western markets are dominated by algos. robots don't panic. [2016-01-08 01:57:13] joequant : or get greedy [2016-01-08 01:57:33] justinlooking : rapid can you teach me your trick for turning 11 btc into 14 btc pl [2016-01-08 01:58:58] rapidtrades : btc-e down for over 2 hrs now [2016-01-08 02:00:41] sleger : they had ddos earlier, probably same [2016-01-08 02:01:47] rapidtrades : China below US [2016-01-08 02:01:58] rapidtrades : even by using the shitty onshore rate [2016-01-08 02:02:46] BitMEX_Arthur : https://www.youtube.com/watch?v=0d1oITE3jDI [2016-01-08 02:02:59] BitMEX_Arthur : The webinar will begin in 1 hour people, i hope some of you can tear yourselves away from the market to tune in [2016-01-08 02:03:27] j8 : cool [2016-01-08 02:05:48] rapidtrades : China's not buying what we're selling [2016-01-08 02:38:03] REKT : Liquidated long on `XBT24H`: Sell 7409 @ 457.93 [2016-01-08 02:38:03] REKT : Choppy waters make solid seamen! [2016-01-08 02:40:24] hobbskevin : what is wrong with this damn exchange [2016-01-08 02:40:43] hobbskevin : It never fills my orders and gets me out of my positive trades [2016-01-08 02:40:57] hobbskevin : just went through me a full dollar and no fill [2016-01-08 02:41:00] hobbskevin : such a joke [2016-01-08 02:41:14] sleger : you must not understand how trading work [2016-01-08 02:41:33] habibi : seems like u have lagging problems [2016-01-08 02:41:56] hobbskevin : yeah maybe not I've only been training successful traders for 10 years. yet I'm new to bitcoin I know how to trade and place orders [2016-01-08 02:42:20] sleger : then you have some kind of issue because this exchange works perfectly fine [2016-01-08 02:42:46] hobbskevin : maybe I need to be a retard and use a bot like most of you probably are [2016-01-08 02:43:01] SnackyCoins : computer salt detected [2016-01-08 02:43:38] SnackyCoins : can't think of what might be going on for ya though [2016-01-08 02:43:47] SnackyCoins : never had that issue personally [2016-01-08 02:43:56] gouda : me either and i don't use bots [2016-01-08 02:44:00] sleger : hobbskevin: retards dont use bots, only smart people can do that [2016-01-08 02:44:05] SnackyCoins : though i seemed to on OKC sometimes, but that's china for you [2016-01-08 02:45:06] hobbskevin : I don't know I've been on here for 2 days and when I close out my orders in the positive I always end up negative or if I set a trade to take profit when it goes way beyond my order I never get filled makes no sense to me [2016-01-08 02:46:37] sleger : you must be doing stg wrong [2016-01-08 02:46:44] sleger : never saw anything like it [2016-01-08 02:47:00] gouda : well pnl is based off the fair price [2016-01-08 02:47:07] SnackyCoins : first one sounds like slippage, but yeah i dunno about the 2nd one [2016-01-08 02:47:11] gouda : doesn't mean the market is actually at that when you open or close [2016-01-08 02:47:14] sleger : gouda: he said closed his position [2016-01-08 02:47:35] sleger : so fair price dosnt matter [2016-01-08 02:47:56] SnackyCoins : yeah but he could see green pnl off the fair price and be closing at something completely different [2016-01-08 02:48:01] gouda : sound PEBCAK [2016-01-08 02:48:18] habibi : how did u train traders man D [2016-01-08 02:48:18] habibi : :p [2016-01-08 02:49:05] hobbskevin : still do habibi and doing great this is a test for me to see how the crypto exchanges work [2016-01-08 02:49:22] hobbskevin : so far these exchanges seem like a scam [2016-01-08 02:49:29] SnackyCoins : imo this is the best one [2016-01-08 02:49:36] habibi : dont call a scam without proof [2016-01-08 02:49:51] SnackyCoins : not the highest liquidity but best ui and most reliable [2016-01-08 02:49:55] hobbskevin : I'm also on bitfinex, poloniex and quadriga and I have no issues there [2016-01-08 02:50:12] SnackyCoins : lol went right for the shitcoins xD [2016-01-08 02:50:14] hobbskevin : see on like you habibi I do my research [2016-01-08 02:50:40] habibi : hobbskevin: which research leaded u to proof that bitmex=scam [2016-01-08 02:50:44] SnackyCoins : are you seeing it pass your price on the tape? like are you at your computer when it happens? [2016-01-08 02:50:58] gouda : bfx is a total scam :D [2016-01-08 02:51:14] sleger : bitfinex is great, bitmex is great [2016-01-08 02:51:20] SnackyCoins : can't really tell what happened without access to the cancelled orders [2016-01-08 02:51:26] gouda : :D [2016-01-08 02:51:35] SnackyCoins : @BitMEX_Sam @BitMEX_Arthur [2016-01-08 02:52:30] SnackyCoins : arthur probably getting ready for the webcast [2016-01-08 02:52:41] SnackyCoins : https://www.youtube.com/watch?v=0d1oITE3jDI [2016-01-08 02:53:03] hobbskevin : the thing with these exchanges is the so called fair price algorithm is adjusted by them and is always adjusted in their favour not always coinicided with the market and because different exchanges have different prices there is too much interpretation and speculation [2016-01-08 02:53:19] SnackyCoins : it's not set manually [2016-01-08 02:54:56] SnackyCoins : https://www.bitmex.com/app/dynamicProfitEqualisation [2016-01-08 02:55:00] SnackyCoins : at the bottom [2016-01-08 02:56:36] habibi : hobbskevin: u know... bitcoin is pure speculation basically [2016-01-08 02:56:48] SnackyCoins : i mean, you aren't wrong. there's plenty shadyness to be found at most bitcoin exchanges, i've traded on a lot of them. these guys are trying hard to change that image. i'm sure someone will be around after the webcast to help you figure out what happened :) [2016-01-08 02:57:13] SnackyCoins : never had even an ounce of shady happen here so i'm curious personally [2016-01-08 02:57:44] hobbskevin : thanks Snackycoins. I appreciate the info I am still new to this but think there is something here that can work once regulation comes in but that may be a long time coming [2016-01-08 02:58:17] hobbskevin : This is why I am testing out multiple different exchanges to see [2016-01-08 02:58:41] SnackyCoins : so far every emergency here has gone down 'by the book' as per the plans they laid out in advance, and not scrambled to be handled after the fast [2016-01-08 02:58:44] SnackyCoins : fact* [2016-01-08 02:59:11] SnackyCoins : but to be fair we have yet to see a serious DDOS or other such here [2016-01-08 02:59:24] SnackyCoins : as far as the users have noticed 8) [2016-01-08 03:00:14] SnackyCoins : I do 100% of my btc speculation here now, with spot on bitfinex [2016-01-08 03:00:41] hobbskevin : is that because they give you a higher margin? [2016-01-08 03:01:04] SnackyCoins : no i use cross most of the time, ~6-7x [2016-01-08 03:01:14] SnackyCoins : it's nice to have the low requirement though [2016-01-08 03:01:29] SnackyCoins : a lot of it is about trust and performance [2016-01-08 03:01:46] SnackyCoins : you might not visit the trading pits of btc but the guys at this exchange are the most visible of any [2016-01-08 03:02:08] SnackyCoins : bitfinex close second on that rating [2016-01-08 03:02:32] SnackyCoins : so having the staff 'within reach' in an uninsured space is important to me [2016-01-08 03:02:33] hobbskevin : I'm going to try it for a while more to get a better perspective [2016-01-08 03:02:36] BitMEX_Sam : hobbskevin: Happy to help you figure out what happened if you have any questions. [2016-01-08 03:02:50] BitMEX_Sam : Re: Fair/Mark price, the adjustments on 7D/24H are completely automated. [2016-01-08 03:02:58] Swedishnut : This is a gregarious space :P [2016-01-08 03:03:08] BitMEX_Sam : The formula used to adjust it is public and in the link that was posted earlier. [2016-01-08 03:03:11] BitMEX_Arthur : http://youtu.be/0d1oITE3jDI [2016-01-08 03:03:14] BitMEX_Arthur : About to s [2016-01-08 03:03:22] BitMEX_Sam : :D [2016-01-08 03:03:44] SnackyCoins : aside from the visibility, these guys have the fastest bitcoin trading engine on earth. it's so cool even just to watch the orderbook jitter xD [2016-01-08 03:04:05] hobbskevin : I was short at 460.97 I set a buy to get out of that short at just 458. it went down to 456.38 but did not fill my order to take me out of the trade [2016-01-08 03:04:32] BitMEX_Sam : hobbskevin: Did you see any trades executed below 458? [2016-01-08 03:04:41] hobbskevin : I then tried to just close the trade and it did but at a loss [2016-01-08 03:04:46] BitMEX_Sam : And did you place a buy limit or a stop order? [2016-01-08 03:05:11] hobbskevin : buy limit [2016-01-08 03:06:19] BitMEX_Sam : Do you have the times this happened? If not I can look up your account. [2016-01-08 03:07:13] sleger : hobbskevin: what went down to 456.38 ? bid, ask, last trade ? [2016-01-08 03:07:45] hobbskevin : it was at 18:39 [2016-01-08 03:08:01] hobbskevin : bid [2016-01-08 03:08:18] sleger : well then after 10 years of trading you dont know how markets work [2016-01-08 03:08:37] gouda : http://prntscr.com/9nen4d [2016-01-08 03:08:41] gouda : whats what he saw [2016-01-08 03:10:27] BitMEX_Sam : hobbskevin: Is it okay with you if I discuss order details here? Otherwise I will take it to email. [2016-01-08 03:11:01] hobbskevin : send an email as I"m also trading on bitfinex right now and going back and forth [2016-01-08 03:11:07] sleger : public humiliation please please [2016-01-08 03:11:10] micmix : the lowest fill my bot got in the last hour was 456.66. everything above should be filled [2016-01-08 03:11:29] micmix : *should have been [2016-01-08 03:11:43] sleger : hobbskevin: we expect public apology in the chat later on ;) [2016-01-08 03:12:05] hobbskevin : ok sleger if I'm wrong I have no problem admitting it [2016-01-08 03:12:13] hobbskevin : glad to appease your sad life [2016-01-08 03:12:14] laisee : sleger == sledger [2016-01-08 03:12:14] sleger : good ! [2016-01-08 03:12:29] SnackyCoins : distributed sledger [2016-01-08 03:12:30] sleger : my life is extremely happy though [2016-01-08 03:12:53] sleger : BitMEX_Sam: is there a limitation of 1million contract per user per instrument ? [2016-01-08 03:13:16] BitMEX_Sam : sleger: Yes, there is a limit, if you email us we can raise your risk limit. [2016-01-08 03:14:05] Swedishnut : good webinar so far :) [2016-01-08 03:16:56] BitMEX_Sam : hobbskevin: You have an email [2016-01-08 03:17:27] BitMEX_Sam : For anyone concerned about possible bugs, there was not one, the system is acting as expected [2016-01-08 03:18:29] gouda : only concerned when there is a clawback :D [2016-01-08 03:18:53] sleger : " I've only been training successful traders for 10 years" [2016-01-08 03:19:07] laisee : https://en.wikipedia.org/wiki/Sledging_(cricket) [2016-01-08 03:19:59] gouda : http://www.urbandictionary.com/define.php?term=sledger [2016-01-08 03:21:07] sleger : but i dont have a d in my name [2016-01-08 03:22:13] laisee : maybe u can't spell ... [2016-01-08 03:22:25] laisee : (sledge) [2016-01-08 03:22:27] BitMEX_Sam : Maybe if you squint really hard. [2016-01-08 03:24:11] gouda : maybe if you send me your btc i can fix it for you :D [2016-01-08 03:35:26] gaoMex : Fair Basis for quarterly at 87% now. Is this high historically? [2016-01-08 03:38:14] j8 : gaoMex: yes, it might have got up to 100% in november. 60%-90% has been more or less the range for the last few months [2016-01-08 03:40:50] gaoMex : j8: Attractive enough for u to short longer quarterly and long shorter quarterly? [2016-01-08 03:41:05] gaoMex : Is that called carry trade? [2016-01-08 03:43:31] BitMEX_Arthur : https://www.youtube.com/watch?v=0d1oITE3jDI [2016-01-08 03:43:40] BitMEX_Arthur : Thank you for everyone that tuned in [2016-01-08 03:43:53] SnackyCoins : great lesson arthur. i'll be poking around the spreadsheet now :) [2016-01-08 03:44:19] j8 : they're both marked at 87%, so you'd be betting on `M16` being less than 87% annualized when `H16` expires... i don't see the point [2016-01-08 03:44:21] SnackyCoins : got a better understanding of options too [2016-01-08 03:45:05] AudibleScience : BitMEX_Arthur: Thanks for that [2016-01-08 03:47:15] gaoMex : If historically, the fair basis is 60-90%, that's not a bad bet? [2016-01-08 03:47:30] gaoMex : unless im missing something here. [2016-01-08 03:49:12] j8 : i suppose. it's also selling volatlity for the period leading up to the halving, which is why i wouldn't do it [2016-01-08 03:50:49] j8 : the usual way to do those calendar spread trades is to take advantage of a difference in annualized rates [2016-01-08 03:52:54] gaoMex : I saw it yesterday. H16 was at 79%, M16 at 87%. [2016-01-08 03:58:07] j8 : a bit of an anomaly, there were lots of bids above the mark price at the time (mostly mine) [2016-01-08 04:00:06] j8 : there has generally been a big downward slant - the daily and weekly have usually been well over 100%, so a good trade is to long the quarterlies when they're low, and short the weekly / daily [2016-01-08 04:02:23] gaoMex : Agree, provided the spread in quarterlies are sufficiently tight. [2016-01-08 04:02:27] j8 : the danger is, we go into sustained bear mode and the premiums disappear, and you're left holding a long from like 600 something [2016-01-08 04:03:53] j8 : i've done it lots by accumulating and holding a long on the quarterlies, even with low liquidity [2016-01-08 04:04:47] gaoMex : using bot? [2016-01-08 04:05:34] REKT : Liquidated long on `XBT24H`: Sell 4500 @ 455.68 [2016-01-08 04:05:34] REKT : Liquidated long on `XBT24H`: Sell 1398 @ 455.54 [2016-01-08 04:05:39] j8 : you do need the liquidity when you roll the weekly / daily, but that's pretty good. no bot mostly just maker orders [2016-01-08 04:07:49] gaoMex : When rolling weekly / daily, I believe you will need to deal with the spreads and fees too? [2016-01-08 04:08:22] gaoMex : Taking them into account, are the trades still profitable? [2016-01-08 04:10:07] j8 : you definitely need to take care to get a good execution. if you sold at market asap you would probably lose [2016-01-08 04:12:13] j8 : when one of my shorts expires i'm left with a big long, and i sometimes wait it out to get a good premium [2016-01-08 04:13:16] j8 : sometimes just ride out the long. [2016-01-08 04:20:41] j8 : it's been very profitable, maybe if the market changes i'll have to adapt. it's been a great strategy ever since breaking 300 [2016-01-08 06:54:49] Swedishnut : don't everyone type all at once their thoughts :P [2016-01-08 06:58:48] BitMEX_Arthur : Everyone is quiet ahead of settlement [2016-01-08 07:02:33] Swedishnut : true but with such volatility in other markets I had figured folks would comment on such events and confusions appearing in the bubbles bursting [2016-01-08 07:03:35] laisee : hold your breath and hope for a good price [2016-01-08 07:04:07] Swedishnut : 475 would be a Spiffy Price [2016-01-08 07:04:55] BitMEX_Arthur : Yes indeed [2016-01-08 07:05:02] manchstr_untd1 : if it pumps its gonna PUMP. 3090 breaks and its all hell, so not much room to pump before long term resistance is broken. kinda makes me think its gonna dump but i hope im wrong haha [2016-01-08 07:10:01] laisee : trend is up. the China-escape-currency story is getting legs among finance people. [2016-01-08 07:10:34] BitMEX_Arthur : Yeah it's just beginning [2016-01-08 07:10:43] BitMEX_Arthur : Once you see Bobby Lee on cnbc, bbg [2016-01-08 07:10:48] BitMEX_Arthur : then you know its pump time [2016-01-08 07:10:55] BitMEX_Arthur : and soon to dump shortly after [2016-01-08 07:11:32] laisee : ha. a golden pump/dump indicator. [2016-01-08 07:11:57] BitMEX_Arthur : real action won't begin until after chinese new year [2016-01-08 07:12:05] BitMEX_Arthur : pboc is going to do something drastic i predict [2016-01-08 07:12:09] REKT : Liquidated long on `XBT7D`: Sell 5 @ 454.12 [2016-01-08 07:12:13] BitMEX_Arthur : while there is a 10 day banking holiday [2016-01-08 07:12:36] laisee : what could they do? freeze bank accounts or halt all securities trading? [2016-01-08 07:12:53] BitMEX_Arthur : No like shock deval to 8.00 [2016-01-08 07:12:58] BitMEX_Arthur : or lower rates all the way to 0 [2016-01-08 07:13:04] BitMEX_Arthur : engage in outright qe [2016-01-08 07:13:14] BitMEX_Arthur : cash for trash financing for the banks [2016-01-08 07:13:18] BitMEX_Arthur : lots of tools [2016-01-08 07:13:48] laisee : hmmm. outright QE would open floodgates for capital flight. [2016-01-08 07:14:06] laisee : maybe divert the state pension funds into buying stock market kinda like HK did b4 [2016-01-08 07:14:41] BitMEX_Arthur : well they already have implicitly done that [2016-01-08 07:14:44] BitMEX_Arthur : they can't sell anything [2016-01-08 07:14:54] BitMEX_Arthur : the big funds def hold more than 5% of certain names [2016-01-08 07:15:53] laisee : yes, but make it a full state buy-in using pension funds. ppl would be pissed but could do nothing [2016-01-08 07:16:03] BitMEX_Arthur : true [2016-01-08 07:16:15] BitMEX_Arthur : here comes the dump before the pum [2016-01-08 07:16:16] BitMEX_Arthur : p [2016-01-08 07:16:38] REKT : Liquidated long on `XBT24H`: Sell 22 @ 454.94 [2016-01-08 07:17:23] laisee : about time. get the BTC p/e ratio back to sensible level [2016-01-08 07:17:54] BitMEX_Arthur : USDCNH is rising i think this is a fake out [2016-01-08 07:18:01] BitMEX_Arthur : after okc settlement things pump [2016-01-08 07:18:54] zanza : BitMEX_Arthur: how can I talk to someone about BitMEX Fundraising? [2016-01-08 07:20:50] BitMEX_Arthur : you can shoot me a mail arthur@bitmex.com [2016-01-08 07:24:38] zanza : thx :) [2016-01-08 07:51:06] rapidtrades : wth is wrong with btc-e [2016-01-08 07:54:02] habibi : ddos [2016-01-08 07:55:00] zanza : SnackyCoins: still holding the oil? [2016-01-08 07:55:11] zanza : I was gunna short SnP, but you said it would goto 2200, so I didn't! [2016-01-08 08:01:39] REKT : Liquidated long on `XBT24H`: Sell 88 @ 453.90 [2016-01-08 08:01:39] REKT : Liquidated long on `XBT24H`: Sell 6207 @ 453.91 [2016-01-08 08:01:40] SnackyCoins : i am wrong plenty ;) [2016-01-08 08:01:50] SnackyCoins : i am still holding oil yes [2016-01-08 08:02:44] zanza : oil will eventually recover [2016-01-08 08:02:47] SnackyCoins : any oil buying down here is good imo [2016-01-08 08:02:48] SnackyCoins : ofc [2016-01-08 08:02:52] zanza : to 40's, it may be a few months [2016-01-08 08:02:57] micmix : post-settlement dump, sell everything :-) [2016-01-08 08:03:12] SnackyCoins : already seen tweets amounting to "we will never see $70 oil again in our lifetimes" [2016-01-08 08:03:29] SnackyCoins : that is a bearish "new paridigm" phase if i ever heard it [2016-01-08 08:04:20] laisee : sounds like a buying signal imo [2016-01-08 08:04:28] BitMEX_Arthur : Have we conquered our addiction to fossil fuels [2016-01-08 08:04:29] BitMEX_Arthur : nope [2016-01-08 08:04:39] REKT : Liquidated long on `XBT24H`: Sell 28944 @ 452.42 **MEGA-REKT** :boom: [2016-01-08 08:04:39] REKT : Liquidated long on `XBT24H`: Sell 50 @ 452.43 [2016-01-08 08:04:40] BitMEX_Arthur : oil will trade higher after all the us shale producers are wiped out [2016-01-08 08:04:49] SnackyCoins : and here is your part 2 https://www.tradingview.com/x/yyrvMVaz/ loonie not looking so hot either [2016-01-08 08:05:01] laisee : and Saudi/Iran conflict will drive up price [2016-01-08 08:05:27] SnackyCoins : i mean don't buy near-term oil futures or leverage up, but imo any oil buy down here is good [2016-01-08 08:05:29] rapidtrades : oil may never trade higher again [2016-01-08 08:05:43] SnackyCoins : ^ see what i mean lol [2016-01-08 08:05:49] laisee : once Isis take eastern saudi privinces. [2016-01-08 08:06:12] laisee : SnackyCoins: > golden BUY signal has arrived [2016-01-08 08:07:41] SnackyCoins : either way i shorted usdcad here, 200x margincall=stoploss :) [2016-01-08 08:07:53] micmix : Saudi Arabia is considering an IPO of Aramco, the biggest oil producer in the world: http://www.economist.com/news/middle-east-and-africa/21685529-biggest-oil-all-saudi-arabia-considering-ipo-aramco-probably [2016-01-08 08:07:55] BitMEX_Arthur : CAD at like 1.4 now [2016-01-08 08:07:59] BitMEX_Arthur : that's like when i was a kid [2016-01-08 08:08:05] BitMEX_Arthur : and we used to go to canada to buy everything [2016-01-08 08:08:15] rapidtrades : it can always go to 1.5 or 1.6 [2016-01-08 08:08:23] rapidtrades : or 2...who the f knows [2016-01-08 08:08:33] BitMEX_Arthur : i agree pain ain't over for commodity currencies [2016-01-08 08:08:34] laisee : micmix: > funds for the next war, or getting allies with some skin in the game of supporting House of Saud? [2016-01-08 08:08:39] micmix : BitMEX_Arthur: I remember 1.67 when I started working for our US neighbors [2016-01-08 08:09:13] BitMEX_Arthur : look at that rebound [2016-01-08 08:09:40] laisee : ARAMCO IPO is big news of something bad coming [2016-01-08 08:09:50] BitMEX_Arthur : they are desperate [2016-01-08 08:10:07] BitMEX_Arthur : when the currency peg goes [2016-01-08 08:10:11] BitMEX_Arthur : going to be bedlham [2016-01-08 08:10:22] SnackyCoins : i can't accept the saudis being broke [2016-01-08 08:10:26] SnackyCoins : that to me seems impossible [2016-01-08 08:10:30] BitMEX_Arthur : they won't go broke [2016-01-08 08:10:32] laisee : 4 or 5 years from running out of cash. Iran getting stronger ... the end is in sight for Saudis [2016-01-08 08:10:42] BitMEX_Arthur : but it's about rate of cash burn [2016-01-08 08:10:45] BitMEX_Arthur : keeping the peg is expensive [2016-01-08 08:10:52] SnackyCoins : i earnestly believe that 100% of the oil price moves with the saudi's hand firmly on the lever [2016-01-08 08:11:13] SnackyCoins : they have to know what they're doing they've been rich since there's been money xD [2016-01-08 08:11:31] BitMEX_Arthur : lol they are a 83 year old band of desert thugs [2016-01-08 08:11:42] micmix : laisee: get the west involved in Saudi Arabia is the main reason I would guess [2016-01-08 08:12:38] SnackyCoins : thugs indeed but they certianly seem to call the shots X) [2016-01-08 08:12:40] rapidtrades : I don't buy this DDOS bullshit [2016-01-08 08:12:50] micmix : even more involved I should say [2016-01-08 08:12:59] habibi : ddos bullshit? coz the tinest exchange is under ddos? [2016-01-08 08:13:39] BitMEX_Sam : Something is really fishy, [2016-01-08 08:13:43] BitMEX_Sam : their domain stopped resolving. [2016-01-08 08:13:49] habibi : BitMEX_Sam: what does it mean? [2016-01-08 08:13:56] habibi : dns fucked up? [2016-01-08 08:14:08] SnackyCoins : does anyone know their ip? [2016-01-08 08:14:09] BitMEX_Sam : I'm not quite sure, because if they moved the servers they would have just set another entry, not deleted it [2016-01-08 08:14:12] laisee : micmix: > agree. The deal with Iran really, really shocked the Saudis [2016-01-08 08:14:28] BitMEX_Sam : So this is either a total takeover or a massive screwup [2016-01-08 08:14:34] rapidtrades : well shit....I only have 2 btc in there but I'd rather not lose it [2016-01-08 08:14:50] SnackyCoins : anyone trading at BTCE watch the SSL cert before logging in =\ [2016-01-08 08:14:59] BitMEX_Sam : No doubt [2016-01-08 08:15:00] rapidtrades : tnx [2016-01-08 08:15:16] laisee : ... watch and say good bye to security of your funds IMHO [2016-01-08 08:15:17] habibi : https://twitter.com/btcecom/status/685372786240520192 [2016-01-08 08:16:05] laisee : why does anyone trade @ btc-e, unless they are from eastern europe? [2016-01-08 08:16:15] BitMEX_Arthur : I doubt they are pulling a runner [2016-01-08 08:16:19] BitMEX_Arthur : they have such a profitable biz [2016-01-08 08:16:33] BitMEX_Arthur : As sketchy as they are [2016-01-08 08:16:40] rapidtrades : BitMEX_Arthur: so did mtgox [2016-01-08 08:16:54] BitMEX_Arthur : True but have there been any reports of fiat withdrawals stalled [2016-01-08 08:17:02] rapidtrades : money does strange things, I trust noone [2016-01-08 08:17:04] habibi : the shadest exchange all over bitcoin world and didnt act anytime as a bad man :) thats pretty nice [2016-01-08 08:17:37] BitMEX_Arthur : cryptsy mtgox there were months of warning signs [2016-01-08 08:17:40] micmix : most secretive doesn't mean the shadiest [2016-01-08 08:17:50] BitMEX_Arthur : fair point [2016-01-08 08:17:56] habibi : micmix: so lets say the biggest laundry for bitcoins :) [2016-01-08 08:18:22] laisee : i would guess many of btc-e customers are bigger criminals than btc-e could ever be. keeps them 'honest' [2016-01-08 08:18:25] BitMEX_Sam : btc-e DNS is back up [2016-01-08 08:18:29] micmix : that's much more accurate ;-) [2016-01-08 08:18:30] BitMEX_Sam : Still a Cloudflare 522 though. [2016-01-08 08:18:32] BitMEX_Arthur : laisee: :) [2016-01-08 08:18:45] micmix : laisee: exactly :-) [2016-01-08 08:19:04] laisee : .... 2 scared 2 scam ;-) [2016-01-08 08:19:08] BitMEX_Arthur : lol [2016-01-08 08:19:15] BitMEX_Arthur : USDCNH ticking up [2016-01-08 08:19:18] BitMEX_Arthur : i think we go higher [2016-01-08 08:19:32] habibi : yep, btce owners need to watch out before they thinking about scamming their clients :) [2016-01-08 08:20:19] habibi : coz its ok when u scam casual user, not as good if u try to scam a scammers city and so other underground individuals [2016-01-08 08:20:43] rapidtrades : habibi: again mtgox had a lot of those as well and didn't stop them [2016-01-08 08:20:51] rapidtrades : some ppl are sociopaths [2016-01-08 08:21:03] rapidtrades : or plain crazy...they can't reason [2016-01-08 08:21:46] laisee : rapidtrades: > try working in Investment Banking ... it's a qualification for promotion to higher levels. [2016-01-08 08:22:06] laisee : functioning sociopathjy, that is [2016-01-08 08:22:59] rapidtrades : idk I think banking is not as bad as the media portrays it....lot of the ''bad stuff'' they do is not following regulations exactly, not outright crimes [2016-01-08 08:23:42] laisee : exactly, the stuff yoou don't have to go to jail for. :-D [2016-01-08 08:24:24] cekseh : Opposed to carrying some extacy [2016-01-08 08:24:37] cekseh : pmita prison for you [2016-01-08 08:24:52] rapidtrades : yeah that's why they get fined...if u follow a lot of the cases past few years, no fault has been established [2016-01-08 08:25:13] rapidtrades : it's just cheaper to pay off the gov instead of fighting for +years [2016-01-08 08:25:28] laisee : biggest robbery of all time IMO ... GS being made 100% whole on 14B of exposure to AIG CDO trades. A great theft with no charges, let alone jail time. [2016-01-08 08:41:02] laisee : nice bounce in progress, thanks to OKCoin? [2016-01-08 08:41:33] Gomezpl : bfx going up [2016-01-08 08:43:42] rapidtrades : I don't buy this China bs...it's just stupid westerners buying on a story just like they did with Greece back in July [2016-01-08 08:44:09] rapidtrades : if they were trying to get money out with BTC, we would've seen some premium there [2016-01-08 08:44:40] laisee : rapidtrades: ? you have read & digested Arthurs notes on the CNH premium? [2016-01-08 08:46:02] rapidtrades : if u take the offhore rate as the true market rate, china is at $451 [2016-01-08 08:46:33] rapidtrades : even using the CNH we're on par with the US, not at premium [2016-01-08 08:46:50] rapidtrades : anyone has the new OKC usd/cny rate? [2016-01-08 08:47:27] laisee : right now, maybe. but premium keeps coming back through waves of BTC price going up & falling back. [2016-01-08 08:52:10] rapidtrades : where can i see the okc exchange rate [2016-01-08 09:05:50] zanza : https://tradeblock.com/markets/index/ ? [2016-01-08 09:19:28] rapidtrades : usd/cny rate [2016-01-08 09:20:48] BitMEX_Arthur : https://www.tradingview.com/chart/jGIG8Jef/ [2016-01-08 09:20:49] BitMEX_Arthur : Trading view [2016-01-08 09:28:01] rapidtrades : no...the exchange rate set by OKC [2016-01-08 09:39:06] zanza : what do you mean by exchange rate rapidtrades ? [2016-01-08 09:55:45] manchstr_untd1 : good time to start a pump... [2016-01-08 09:56:38] Gomezpl : do it:) [2016-01-08 09:57:10] manchstr_untd1 : haha no i mean i noticed the pump starting and the twap on settlement starts in 3 min [2016-01-08 09:57:16] manchstr_untd1 : so good tiem for price to staty rising if u long [2016-01-08 09:57:20] Gomezpl : :) [2016-01-08 10:58:25] tscha : there was nothing wrong on MtGox... everything was fine >https://www.youtube.com/watch?v=y4SCAw264qM [2016-01-08 11:20:14] singularity321 : what happens to active orders when the market expires, are they removed or do they rollover? [2016-01-08 11:23:02] tscha : removed [2016-01-08 11:24:52] singularity321 : tscha: thanks [2016-01-08 11:26:33] zanza : rofl [2016-01-08 11:26:58] slacknation : zanza: ? [2016-01-08 11:28:50] zanza : the tscha link [2016-01-08 11:30:22] zanza : Buttcoin used to have a Roger Verified generator [2016-01-08 11:30:27] zanza : its down now though [2016-01-08 11:34:47] zanza : sub $10 oil possible? [2016-01-08 11:35:20] singularity321 : possible but pretty unlikely I think [2016-01-08 11:35:29] singularity321 : though who really knows [2016-01-08 11:37:13] singularity321 : hehe I just had an image in my head of a Chinese official buying up stock today like crazy whilst clapping with one hand [2016-01-08 11:37:53] slacknation : i have no idea y oil would cost >30$ [2016-01-08 11:39:25] slacknation : look at what oil counties do with their money, oil is too fking expensive [2016-01-08 11:47:09] singularity321 : Well the writing is pretty obviously all over the wall for oil. nobody wants to rely on it and companies and countries have said that they want to be fossil fuel free by 2030, so couple that with an increased supply and it's probably not surprising [2016-01-08 12:40:40] singularity321 : I was bored so this happened... https://imgflip.com/i/x0utm [2016-01-08 12:43:59] zanza : quantos in a nutshell =] [2016-01-08 12:45:36] rapidtrades : so if we spiked higher cos Chinese were running from the stock market crash, why aren't we falling now? China closed 2% up [2016-01-08 12:49:36] irbbqu : lol'd [2016-01-08 12:57:30] singularity321 : Bitcoin is a mechanism for moving yuan into dollars, why would they be using it the other way around when they don't have to? [2016-01-08 12:57:56] singularity321 : I think you're confusing investment with capitol flight [2016-01-08 12:58:04] rapidtrades : I think bitcoin is a mechanism for ppl to spread bullshit [2016-01-08 12:58:56] singularity321 : so bitcoin is a language? [2016-01-08 12:59:14] rapidtrades : a $20 move is around 5%...does that sound reasonable considering the PBOC fixing yesterday was 0.6% lower? [2016-01-08 12:59:47] rapidtrades : some dummy fomo-ed [2016-01-08 13:00:16] singularity321 : yeh but the reason they fomo'd was the markets [2016-01-08 13:00:31] singularity321 : it's like you think markets are run entirely by emotionless droids [2016-01-08 13:01:13] singularity321 : anyway i'm fairly sure you're either a troll or a complete cretin so ima ignore you now [2016-01-08 13:01:18] singularity321 : bye [2016-01-08 13:01:18] sleger : as in markets would be run by bots ? nah too crazy [2016-01-08 13:02:17] singularity321 : you think markets are entirely comprised of bots and nothing else [2016-01-08 13:02:43] sleger : just 95% [2016-01-08 13:02:47] singularity321 : and you think that other bots set the aparameters of bots [2016-01-08 13:02:57] sleger : i never said that though [2016-01-08 13:03:22] rapidtrades : my point was the China story is bullshit, doesn't add up...plus noone has presented any data that the Chinese stepped up bitcoin buying [2016-01-08 13:03:27] sleger : and fyi, I dont just "think" I know how it works [2016-01-08 13:03:57] singularity321 : I think you should sttudy epistemology if you believe that you absioluterly know anything for sure [2016-01-08 13:04:48] j8 : rapidtrades: coincidence that gold is also up ~5% this week? [2016-01-08 13:04:51] rapidtrades : why don't exchanges come out with some data? they're all chinese [2016-01-08 13:04:51] sleger : i dont think that degree would help me make $$ so I'l leave that to people like you and continue to take your money, thanks though [2016-01-08 13:05:08] rapidtrades : j8: yeah coincidence [2016-01-08 13:05:29] sleger : market crash, gold up no mystery [2016-01-08 13:05:36] singularity321 : also bullshit requires intent to deceive surely, I don't think anyone is absolutely saying they know why anything happened, and if you're calling people out on something that is just a theory then you're a creep [2016-01-08 13:05:53] rapidtrades : that relationship hasn't held up in the past @sleger [2016-01-08 13:06:14] sleger : I'd rather be a creep than an ignorant [2016-01-08 13:06:34] rapidtrades : looks like I hit a nerve :) @singularity321 [2016-01-08 13:06:58] sleger : rapidtrades: Worth checking but I bet any day where market < -1% then gold is up [2016-01-08 13:07:23] rapidtrades : ok I'll check it out when I have time [2016-01-08 13:19:33] sleger : rapidtrades: http://seekingalpha.com/article/3535006-is-the-stock-market-a-driver-of-gold-prices [2016-01-08 13:45:55] REKT : Liquidated short on `XBTH16`: Buy 461 @ 538.19 [2016-01-08 13:46:14] j8 : bitcoin wouldn't be seen as a safe haven, but it is a sort of hedge against the global financial system. [2016-01-08 13:57:21] zanza : isn't that a safe haven? :) [2016-01-08 14:00:19] rapidtrades : sleger: agree with that article, there is no stable correlation, that has been my experience. Although I haven't touched gold in the past 2 years [2016-01-08 14:25:21] j8 : zanza: it's still more volatile than world currencies and most other assets, so it's more of a place for risk capital. people will be looking for returns, not escaping risk [2016-01-08 14:58:16] rapidtrades : up or down fellas? [2016-01-08 14:59:50] Swedishnut : looking like up once the jobs rally is finished I think but idk just getting up [2016-01-08 15:01:10] rapidtrades : jobs report has no effect on bitcoin [2016-01-08 15:01:32] rapidtrades : also sp now below pre-news price [2016-01-08 15:02:28] rapidtrades : up seems more likely but still waiting for that breakout [2016-01-08 15:26:09] zanza : I think we break 500 with global economic turmoil [2016-01-08 15:41:10] chromaticcr : we will spike straight thru 5000USD if global econ f up lol [2016-01-08 15:42:13] rapidtrades : I say 50k [2016-01-08 15:43:45] chromaticcr : reasonable if quoted in CNY imho [2016-01-08 15:44:44] tscha : any updates on an upcoming /ignore function @ support? [2016-01-08 15:44:59] habibi : or banhammer? [2016-01-08 15:51:08] REKT : Liquidated long on `XBT24H`: Sell 2000 @ 454.35 [2016-01-08 16:02:38] chromaticcr : payban for extra source of income (perhaps to the DPE fund XDD) [2016-01-08 16:05:05] HowDoge : we need a sin bin chat box where you can be banished to with others to collude [2016-01-08 16:07:04] tscha : ignore would be enough for me. I don't care if they are talking bullshit all day as long as I don't have to read it [2016-01-08 16:07:36] thehawthorne : you don't have to read it right now [2016-01-08 16:08:16] tscha : Actually I do, or is there an option to hide certain people? @thehawthorne [2016-01-08 16:09:08] sleger : tscha: no. but dont worry I wont ignore you when it's available so you will still have one person to answer your questions [2016-01-08 16:09:31] thehawthorne : Well, you can determine by Nick who wrote the message and decide by brain usage to not read what this person with nickname xy wrote [2016-01-08 16:09:46] thehawthorne : not an automated way though [2016-01-08 16:10:08] thehawthorne : but will keep you safe from falling asleep while watching bots execute 1-2000s orders [2016-01-08 16:17:23] laisee : just write your own chat box using the API and you can ignore who u like [2016-01-08 16:18:42] laisee : I wrote one that scrolls in console window so I can highlight all buy/sell signals from playas like **rapidtrades** [2016-01-08 16:28:35] Swedishnut : European close* Guy talks and is depressed 4/5 days of market losses. [2016-01-08 16:29:43] Swedishnut : Bloomberg bouncy beat sounds him out* Dow and S&P are off session lows of 1940, err new lows 1936 and.... [2016-01-08 16:40:10] laisee : Swedishnut: > "it's the end of the world as we know it ... and I feel fine ..." - song of the day [2016-01-08 17:10:39] REKT : Liquidated long on `XBT24H`: Sell 2998 @ 452.63 [2016-01-08 17:12:39] REKT : Liquidated long on `XBT24H`: Sell 185 @ 452.22 [2016-01-08 17:30:59] REKT : Liquidated long on `XBT24H`: Sell 1000 @ 449.74 [2016-01-08 17:30:59] REKT : Liquidated long on `XBT7D`: Sell 350 @ 453.81