1033600+ entries in 0.797s
Ignatius-otc: unsure but it was already stated you need enough
to drastically impact
the market if you were
to just use an mtgox for
the
tx
Ignatius-otc: ahh, so when you go buy
these massive amounts of coins and
that act itself moves
the amrket
things get even more
tricky
Ignatius-otc: There are always outliers. What if you mircea_popescu had an arbitrage opportunity
that netted you over 20%, but you needed lots of coins
to make it work?
Ignatius-otc: It would generally be safe
to assume
that yes, 7% is far
too high of a return weekly.
Ignatius-otc: I was reading a
thread one day with numerous pirate ponzi attacks. One fairly respected poster said anyone can see what pirate does by simply reading his posts. Within an hour of skimming pirates posts I felt I knew what he was doing, and it wasnt a ponzi. But again...just my opinion. It gave
the impression
those who called ponzi never even read
the mans posts or checked his history.
Doffx: Small
time
to some I suppose, but its some sweet coin
to me.
Ignatius-otc: not
that I contributed
to
that mess...but still
Ignatius-otc: yup...if
that poor guy manages
to unwind all
this I feel pretty abd about all
the ponzi attacks he withstood
Doffx: thats
the important part
Doffx: with
the 7% interest
Doffx: Everyone will be paid back starting with
the oldest accounts
Doffx: Hes in otc right now
talking about it
mircea_popescu: as i said before, if
the guy actually soft lands his btsc whatever i'll be quite impressed.
Ignatius-otc: odds wise...well Im no expert
there are far more knowledgable people in
this room alone...but imo I feel 100% confident I will be able
to redeem for 1 btc per bond, as stated in contracts/as long as pirate doesnt default etc. I am not manually buying any more...so maybe
the 100% quote is optimism...
Ignatius-otc: If
they do get redemmed for full deposit my bot did very well:P
Doffx: It has given me a great bit of new knowledge
thats for sure.
Ignatius-otc: I believe
the bonds
to be worth 1btc still, but I am no expert and it's really up
to pirate.
mircea_popescu: bitcoin has
this great advantage,
that it's quite a cheap way
to learn financials.
Doffx: More new
to
the financial portions my first 3 were all learning how
to mine so I didint even pay attention
to investments
Doffx: So I saw it
then was
too late.
Doffx: Well I should give more detail, I was new
to bitcoin at
that
time.
Doffx: I went
to hawaii
that week
Doffx: I didn’t see it until
to late.
mircea_popescu: Ignatius-otc well ya, i
think it did half
the month's volume
today or some shit.
Doffx: Ill be
the first
to sign up
Ignatius-otc: yes but are
there many visitors flooding mpex?
Doffx: Your doing it wrong
then,
time
to open up
those free accounts again.
Ignatius-otc: I leave you all
to your own devices for 5 minutes and
this is what happens...
EskimoBob: damn
those
tygr-p looks good at 50% discount. Chaaang-Noi are you buying
them right now?
gribble: Best bid: 12.0301, Best ask: 12.76002, Bid-ask spread: 0.72992, Last
trade: 12.0301, 24 hour volume: 204861, 24 hour low: 10.6, 24 hour high: 15.4
gribble: Best bid: 13.01, Best ask: 13.1, Bid-ask spread: 0.09000, Last
trade: 13, 24 hour volume: 200654, 24 hour low: 10.6, 24 hour high: 15.4
gribble: There are currently 25720.459 bitcoins demanded at or over 10.0 USD, worth 283001.05594 USD in
total.
Diablo-D3: I will not pay much for
them, but I will buy
them
area: To be honest,
the way it's bouncing around, even a market-maker bot will be doing pretty okay
Doffx: Man if you had an arbitrage bot running
today
smickles: but
the S²cm dividend wasn't included in either
gribble: Best bid: 13.00001, Best ask: 13.2, Bid-ask spread: 0.19999, Last
trade: 13.2988, 24 hour volume: 193338, 24 hour low: 10.6, 24 hour high: 15.4
MoneyIsDebt: heh,
there's still a few 1dice in
there... as if
things weren't enough of a gamble at
this point
gribble: Best bid: 12.96, Best ask: 12.99359, Bid-ask spread: 0.03359, Last
trade: 12.96, 24 hour volume: 193198, 24 hour low: 10.6, 24 hour high: 15.4
smickles: the beeps may as well be a constant
tone
smickles: i
think i just saw a 10k btc
tx zing by
the unconfirmed
ticker
smickles: ok,
totally wrong about
that, it's way over 60
MoneyIsDebt: smickles: oh man , I forgot about
the beeps
Doffx: yeah it went up after
that 22k purchase
smickles: MoneyIsDebt: add
that chart
to
the blockchain.info new
transactions 'beep'
gribble: Best bid: 12.90513, Best ask: 13, Bid-ask spread: 0.09487, Last
trade: 13, 24 hour volume: 192033, 24 hour low: 10.6, 24 hour high: 15.4
smickles: that 70k was what stopped us from going over 7.2 at
the
time
Doffx: especially when
the pressure is
to sell
Doffx: 20k during
this volatility is interesting
though
smickles: Doffx: i say a 70k order go
thru
the mtgox websocket once
Doffx: I
thought you were watching a movie while holding some
tits mircea_popescu
Doffx: Dont
think ive ever seen a puchase
that big
mircea_popescu: MoneyIsDebt im sure
they can,
thing is... have
to get enough of
themn on
the bandwagon
smickles: sgornick: mpex uses
the ,,bc,24hprc , but yes
sgornick: mircea_popescu: Are
the options quotes on MPeX still valid for orders? I.e. arbitrage buy selling puts and buying at market is profitable right now?
gribble: Best bid: 12.34062, Best ask: 12.436, Bid-ask spread: 0.09538, Last
trade: 12.34062, 24 hour volume: 184763, 24 hour low: 10.6, 24 hour high: 15.4
MoneyIsDebt: wonder if miners can frontrun mtgox
this way
smickles: are
there live stats on
the network hashrate?
mircea_popescu: so when
this block finally goes
through and all
the btc makes it
to mtgox
Chaaang-Noi: i bet
that next block has soooo many
transactions
smickles: i guess
the miners stopped
too?
gribble: Best bid: 12, Best ask: 12.09998, Bid-ask spread: 0.09998, Last
trade: 12, 24 hour volume: 181801, 24 hour low: 10.6, 24 hour high: 15.4
Lucidize: so just
to be clear, yarr won't go above 1 now?
Diablo-D3: the DMC motion
to suspend dividends was yea 8253, nay 914
Diablo-D3: btw for all
the people who give fucks
smickles: ok,
time
to pay
the SS dividend
farfi: he says he will pay interest up until
the funds are sent
Diablo-D3: but hes still paying out
the final week?
MoneyIsDebt: how much bitcoin was dumped in
total just now?
usagi: I can imagine.. everyone with an account must be
there now
usagi: Can't get a
trade screen
to open on glbse
farfi: its a day
to remember