log☇︎
1002200+ entries in 0.785s
mircea_popescu: yea, if it doesn't kiss nine they're golden.
smickles: so they make btc down to 9.14
mircea_popescu: it hit the bid price across the board
mircea_popescu: these were sales tho
mircea_popescu: what's that like inverse premium ?
mircea_popescu: now i can be worried sick for the next five weeks ;/
mircea_popescu: nice way to start the month
mircea_popescu: i guess someone figures the btc goes up.
mircea_popescu: heh table investor.
mircea_popescu: inasmuch as if they would have otherwise sold/bought on the mtgox market for sure.
smickles: mircea_popescu: you know, i've been wondering, if someone setup a short straddle at the money with something like 20000 contracts on each leg, do you think it would stabilize the exchange rate for a while?
smickles: there fun to look at and think about
mircea_popescu: lol what about them ?
smickles: but those darn options
gribble: BTCUSD ticker | Best bid: 10.27935, Best ask: 10.30000, Bid-ask spread: 0.02065, Last trade: 10.27935, 24 hour volume: 99354.61716662, 24 hour low: 9.74000, 24 hour high: 10.79978, 24 hour vwap: 10.20092
mircea_popescu: people keep fearmongering re the us government, but my intel shows the chinese govt will be our real enemy.
sgornick: Enroute to HK, though may still need to return to JP.
mircea_popescu: so did they let roger ver go yet ? anyone know ?
mircea_popescu: the plain stat is scheduled for an overhaul, but this won't happen for a while yet to give people who are using it atm to provide 3rd party services to migrate to statjson first
mircea_popescu: this was just added in the statjson
sgornick: How about transactions showing the exercise of options at expiration? Planned, or DIY?
mircea_popescu: (or use a broker that offers that service)
mircea_popescu: ya, mpex is not doing your accounting, you have to do that part yourself.
sgornick: heh, ya, that's what I mean.
mircea_popescu: or if you never issued a stat in october, issue one and it's there
sgornick: Can I right now view all of my October transactions?
mircea_popescu: what do you mean recallable transaction history ?
sgornick: mircea_popescu: Is the absense of recallable transaction history strategic, or just "haven't gotten to it"?
mircea_popescu: jurov mod6 statjson now includes exercises list too.
mircea_popescu: price has to plumet. supply and demand.
mircea_popescu: but the point is, two things take out usd from mkt, one thing adds more btc
mircea_popescu: yea, i think they may be up already
EskimoBob: bitinstant? in google search I can see "BitInstant.com is currently down due to site revisions. All orders placed up to this point will process as normal. If you have any questions or issues feel free to ..." but when I go to the site, it looks OK
EskimoBob: are ASIC test versions coming online?
mircea_popescu: Network total 31.378 Thash/s
mircea_popescu: some people added significant hashpower and are probably selling the btc
EskimoBob: any ideas what is going on with the BTC price?
gribble: BTCUSD ticker | Best bid: 9.88026, Best ask: 9.96973, Bid-ask spread: 0.08947, Last trade: 9.97986, 24 hour volume: 98509.23509746, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.26302
smickles: thestringpuller: it turns out that the official number is 10.28, not 10.27
jurov: so i guess you need to submit order/cancel/exercise, right?
jurov: OK, exporting json interface should not be a problem. i planned to do one anyway for mod6's adroid app
thestringpuller: up to you, what you can provide
thestringpuller: if not the ~30 btc fee isn't that bad
thestringpuller: if you can make that happen jurov then it'll be worthwhile
thestringpuller: Ideally I would like to make trades without a website in honesty
jurov: as long as you don't expect to do X transactions per second or more, then it's possible
thestringpuller: I really want the access to the api
mircea_popescu: thestringpuller ask him to get rid of css on coinbr :D
jurov: you'll be my special customer. I'm going to cater to your whims (no phonesex, tho)
thestringpuller: if i were to do this longterm what would your reccomendation be?
mircea_popescu: then i guess you'll have to weigh them
thestringpuller: maybe thousands one day
mircea_popescu: thestringpuller in general the capital is the key criterion. if you plan to do k's of btc you probably want mpex. if you plan to do 10s of btc you prolly want coinbr. if hundreds it's messier.
thestringpuller: if I were to generate a high enough volume could I get margin to cover "quick deposits"?
jurov: otherwise you need to keep it in spreadsheet
jurov: if you are going to do many transactions, coinbr will help you keep overview
thestringpuller: i'm seeing if I want to go direct to mpex
jurov: i do such "quick deposits" already for those 1btc users but i guess you want more
mircea_popescu: thestringpuller the declared limit is 2 days. it usually takes significantly less.
jurov: iirc it may be more than 6 hours
thestringpuller: how long does an mpex deposit usually take?
jurov: allocated to your account
jurov: thestringpuller, only possible way i know is to have some reserve (or margin) on MPEx that can be used immediately
gribble: BTCUSD ticker | Best bid: 10.15000, Best ask: 10.19996, Bid-ask spread: 0.04996, Last trade: 10.15000, 24 hour volume: 98610.17306644, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.30583
thestringpuller: you do them manually
mircea_popescu: within the fucken second ALL OF IT
mircea_popescu: for the record, month close happend on 1351296001
mircea_popescu: but i think a honest rundown of the thing is prolly the best policy. "here is what i can do, here is what i can't do. if you actually handle enough cash that you need what i can't do, talk to mpex directly and problem solved"
mircea_popescu: jurov on the other hand, browser sessions are vulnerable.
smickles: thestringpuller: should i use that same address, or do you want me to keep it on account for you?
mircea_popescu: jurov it's a dilemma you find yourself in there i guess
smickles: mircea_popescu: what was the official price at maturity for mpex options?
jurov: mircea yes i saw that. now am trying to explain how i feel about multifactor auth
BTC-Mining: Consumers would help attract large businesses, who would then start accumulating bitcoins
BTC-Mining: They don't own a lot, but they spend a lot of what they have. Those who have a lot stash it.
BTC-Mining: why would they adopt it if there's no market using it?
mircea_popescu: like, in their lifetime.
thestringpuller: you need like warren buffet and his friends to come in and "adopt it"
mircea_popescu: BTC-Mining any guess as to what % of roman empire subjects ever touched a solidus ?
mircea_popescu: haha now that's a point
thestringpuller: 99% of the people only own 1% of the wealth
BTC-Mining: the best thing to happen would be maintstream adoption...
thestringpuller: Such easy access to options lol
mircea_popescu: why ty. i am of the same persuasion.
thestringpuller: to happen to btc
thestringpuller: mircea_popescu: MPEX is the coolest thing ever
gribble: BTCUSD ticker | Best bid: 10.18025, Best ask: 10.24641, Bid-ask spread: 0.06616, Last trade: 10.18025, 24 hour volume: 99088.49020270, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.31053
thestringpuller: I do feel like a won a bet though
mircea_popescu: either the bondholders or the shareholders will feel the 30% of 4btc pain
smickles: mircea_popescu: i gave thestringpuller a mini-margin thingy
mircea_popescu: what volume we talkin' about ?
smickles: thestringpuller: you're staring down the barrel of a 30% profit
gribble: BTCUSD ticker | Best bid: 10.18009, Best ask: 10.24999, Bid-ask spread: 0.06990, Last trade: 10.18008, 24 hour volume: 99436.59165322, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.31222
smickles: you still have a few minutes tho
thestringpuller: so what was the net of my option mr. smickles?
mircea_popescu: and no, there's no compression.
mircea_popescu: i take a number of measures to prevent as much as possible a crack
jurov: i hope you don't compress the backup prior to export.. heard about CRIME attack
mircea_popescu: well, unless someone manages to crack gpg
mircea_popescu: but seriously jurov i think it adds a significant level of security.