log☇︎
1032700+ entries in 0.81s
EskimoBob: mircea_popescu: is pulling crap out of his ass and is delusional enough to believe it's all true
Luceo: EskimoBob: I know it's fast conversation in here sir, but try to keep up
mircea_popescu: EskimoBob do you feel the need for a log quote ?
EskimoBob: Luceo: who told you I am a banker?
mircea_popescu: Luceo i guess we're not supposed to remember things from the day before.
EskimoBob: mircea_popescu: you are always yapping even if you have nothing of value to add
Luceo: I know bankers who spend more than that at dinner...
Luceo: Sorry, I couldn't stop laughing at the idea of a banker talking about raising 12k eur ^^
DeaDTerra: Anyone want to sell pirate assets?
mircea_popescu: DeaDTerra just having a little fun at the expense of the wannabes.
copumpkin: oh surprise surprise, people being pleasant on the internet
mircea_popescu: so basically your theory here is that you're an ex banker with typically white trash mental representations.
EskimoBob: and how is this even related to what ever you two asshats are so worked up about?
mircea_popescu: EskimoBob wait. didn't your online persona include some floor trading ? weren't you some retired financier ?
EskimoBob: so what is it for you? You like to participate or just jerk off here?
Luceo: Yes, because I'm the one struggling to 'raise' $12,000?
EskimoBob: sorry, so you have to play in a cardboard box... too fkn bad
Luceo: My mom doesn't have a basement, sorry. Try again.
EskimoBob: Luceo: what ever this imaginary money you use in your moms basement to buy "exotic pets" ...
mircea_popescu: new toaster oven.
Luceo: So what's this project he needs to raise 12k for? :P
mircea_popescu: Luceo flavour of the week is gypsy. i think last week it was greek.
Luceo: EskimoBob: Umm, what are you talking about?
mircea_popescu: nevertheless, there exist people who, should they wish to spend half a mass market car's worth on something, just go ahead and do it.
Luceo: Withdraw it from the bank
mircea_popescu: i guess your silly stereotypes are the reason you have to "raise" 12k to piss away on some side project you'll get bored with in a week.
mircea_popescu: just charge the 12k ffs.
EskimoBob: fuuck, we need to rise 12K EUR to get this going
mircea_popescu: had some tech issues getting more stuff online.
mircea_popescu: actually it was only 6.9 on the 18th
MadSweeney: way to go nasty
gribble: Error: Failure to retrieve order book data. Try again later.
gribble: Best bid: 9.3, Best ask: 9.39999, Bid-ask spread: 0.09999, Last trade: 9.4, 24 hour volume: 140154, 24 hour low: 8.831, 24 hour high: 12
mircea_popescu: <mircea_popescu> heh i'm guessing he didnt get that then huh.
mircea_popescu: * elementz has quit (Ping timeout: 245 seconds)
mircea_popescu: <mircea_popescu> elementz options expire the current and the next month. the current ones are T
mircea_popescu: heh i'm guessing he didnt get that then huh.
gribble: Best bid: 9.57, Best ask: 9.64999, Bid-ask spread: 0.07999, Last trade: 9.64999, 24 hour volume: 142025, 24 hour low: 8.831, 24 hour high: 12
mircea_popescu: elementz options expire the current and the next month. the current ones are T
elementz: this might be a dumb question, but looking at the site i am a bit lost ;-)
elementz: mircea_popescu: so to get back to mpex; so i could buy a low volume put option there? lets say 5btc. are there any options with a short term expiration date?
mircea_popescu: i meant transactions in the financial sense, btc for usd or what have you
mircea_popescu: i didn't mean "all transactions seen in the blockchain"
mircea_popescu: i didn't mean -otc as in the cesspool.
mircea_popescu: seeing how that's what otc means.
EskimoBob: are you adding all non exchange transactions to OTC?
gribble: Best bid: 9.35614, Best ask: 9.3989, Bid-ask spread: 0.04276, Last trade: 9.4, 24 hour volume: 143134, 24 hour low: 8.831, 24 hour high: 12
mircea_popescu: btc still has a lot to learn.
mircea_popescu: and the reason that is the case is the fact that irl people don't just hand their money to any random dood.
mircea_popescu: it doesn't happen irl because the people who own that much are sane and don't do this sort of shit
mircea_popescu: that aside, if i were to sell 5.5% of any stock it would drop significantly too.
elementz: but i guess most people use mtgox as a reference for their price, no?
mircea_popescu: mt gox is really not the be all-end all. plenty of btc moves otc etc.
mircea_popescu: the total volume of past 3 days was about 300k
elementz: so how come he could move the price so much then? if he actually did that at all
assbot: Provide ticker.
elementz: hmm. so about 5.5% percent of total btc were tied up in pirates operation.
gribble: Best bid: 9.21199, Best ask: 9.262, Bid-ask spread: 0.05001, Last trade: 9.262, 24 hour volume: 142645, 24 hour low: 8.831, 24 hour high: 12
mircea_popescu: no actually now it's rallying nefario . dropped earlier to ~8.x
nefario: wow is the price of BTC dropping like a rock
elementz: ok, so how big was the whole pirate operation though?
mircea_popescu: elementz the various bonds offered on pirate are really a tiny part of the pie.
elementz: so does anyone know, when the pirate bond really picked up traction? can it be correlated with the pricetrend over the last year somehow? did anybody try this at all?
gribble: Best bid: 9.17, Best ask: 9.19, Bid-ask spread: 0.02000, Last trade: 9.19, 24 hour volume: 141252, 24 hour low: 8.831, 24 hour high: 12
mircea_popescu: all the way to 15! YAAA
gribble: Best bid: 9.12378, Best ask: 9.12379, Bid-ask spread: 0.00001, Last trade: 9.12379, 24 hour volume: 139768, 24 hour low: 8.831, 24 hour high: 12
EskimoBob: mtgox is changes UI so much I can not find the orderbook :)
gribble: Error: Failure to retrieve order book data. Try again later.
gribble: Best bid: 9.03998, Best ask: 9.03999, Bid-ask spread: 0.00001, Last trade: 9.03999, 24 hour volume: 139125, 24 hour low: 8.831, 24 hour high: 12
BTC-Mining: Mine too
BTC-Mining: I don't mind price going down, I'll buy some more at 4-5 like in the good old days.
mircea_popescu: elementz the simpler way, anyway.
elementz: so the only way would be via mpex.
mircea_popescu: what if this isn't really a pirate thing but gox got hacked again !?
mircea_popescu: not really. some people do options for stocks ocasionally, but it's in general among trusted parties.
elementz: what about otc? are there people doing it?
mircea_popescu: well i don't know that there's simpler ways.
gribble: Best bid: 8.87823, Best ask: 8.9, Bid-ask spread: 0.02177, Last trade: 8.99999, 24 hour volume: 137433, 24 hour low: 8.831, 24 hour high: 12
elementz: oh yeah looked into that. looks really complicated ;-)
mircea_popescu: but i guess nobody reads topics anymore
mircea_popescu: it's in the chanel topic, too
elementz: i was just wandering; is there a way to buy call/put options somewhere in bitcoin economy?
gribble: Best bid: 8.87823, Best ask: 8.9, Bid-ask spread: 0.02177, Last trade: 8.99999, 24 hour volume: 137433, 24 hour low: 8.831, 24 hour high: 12
mircea_popescu: http://bitcoincharts.com/markets/mtgoxUSD_depth.html << i think mtgox has frozen api
BTC-Mining: basis? basis is to buy them back at a lower rate
BTC-Mining: came back from work and it was down to 12
DiabloD3: OVER NINE THOUSAND
BTC-Mining: I wanted to get all my BTC out to sell them at 15$... couldn't make it
gribble: Best bid: 8.84729, Best ask: 8.8494, Bid-ask spread: 0.00211, Last trade: 8.8494, 24 hour volume: 137908, 24 hour low: 8.8494, 24 hour high: 12.17477
mircea_popescu: i tell you this has been my largest month to date for options.
DiabloD3: it just had the wrong time scale
mircea_popescu: it didn't change much from prev did it, the ticker i mean.
gribble: Best bid: 8.88273, Best ask: 8.89999, Bid-ask spread: 0.01726, Last trade: 8.89999, 24 hour volume: 138737, 24 hour low: 8.88273, 24 hour high: 12.17477
mircea_popescu: so did you manage to trade anything ?
DiabloD3: its not cool, Im trying to save bitcoin here
DiabloD3: mircea_popescu: well, I think people are pissed Im asking 15mh per trade now
kakobrekla: next week or two is gonna be wicket i smell.
DiabloD3: Ill take them
DiabloD3: so if you dont want them anymore
mircea_popescu: course all the miner bonds are REALLY useless now