log☇︎
1035700+ entries in 0.679s
assbot: DMC [1@1BTC] paid: 0.02635814 BTC. Last price: 0.02 BTC. Capital gain: -0.98 BTC. Total: -0.95364186 BTC. (-95.4%)
assbot: Requesting data from GLBSE (might take a while).
assbot: DMC [1@1BTC] paid: 0.02635814 BTC. Last price: 0.02 BTC. Capital gain: -0.98 BTC. Total: -0.95364186 BTC. (-95.4%)
assbot: Requesting data from GLBSE (might take a while).
smickles: i know you like to see 'em :)
smickles: it's the MPOE ETF financial report
Chaaaang-Noi: i see part of this is someonedid not pay a fee so its not being added, oh fail...
Chaaaang-Noi: well last 1.5 hours then :)
BTC-Mining: According to bitcoincharts, nothing (Blocks/hour 6.40)
Chaaaang-Noi: wtf is up with blocks today!!!
smickles: is that who tangible cryptography is?
Chaaaang-Noi: but its death and taxes so i kinda trust it
Chaaaang-Noi: they said it will go out today and i will get it tomorrow
smickles: Chaaaang-Noi: did that tangible cryptography site work out for you?
Diablo-D3: we're going to crash into a planet made of solid gold and you cant stop us
Diablo-D3: the whole snatching defeat out of the jaws of victory kind of thing
Diablo-D3: it'd take both of us combined to turn DMC away from the giant pile of gold its headed towards
Diablo-D3: so if you hate the direction DMC is going, feel free to bitch at him too
Diablo-D3: kakobrekla: also, do realize, the majority investor is now usagi
Diablo-D3: long term? bwhahaha nope.jpg.
Diablo-D3: short term they could make 10x more
Diablo-D3: short term they might win
Diablo-D3: Im telling them not to sell because they'll lose out on all future profits
kakobrekla: telling people not to sell so they wont feel the need to sell wont work
assbot: DMC [1@0.63BTC] paid: 0.02635814 BTC. Last price: 0.039 BTC. Capital gain: -0.591 BTC. Total: -0.56464186 BTC. (-89.6%)
assbot: Requesting data from GLBSE (might take a while).
Diablo-D3: Its their choice, and I have warned them against doing it, it is not in their interest
Diablo-D3: So let them make that mistake
Diablo-D3: It also increases the value of the investment everyone else has made into DMC
Diablo-D3: everytime someone sells a share of DMC for less than 1 BTC, it makes the market function.
Diablo-D3: the market cannot function unless there are people who are not fully efficient
Diablo-D3: so I can finally get back to doing what I wanted to do to begin with
Diablo-D3: this will end up locking down the glbse market and stabilize it
Diablo-D3: mining is self destructing and soon DMC will own most of the mining power out there in Bitcoin land.
Diablo-D3: what you're buying is part of the DMC plan.
Diablo-D3: if you're buying DMC for the mhash
Diablo-D3: no one knows what the price is going to be
farfi: but the price?
Diablo-D3: man, DMC is popular today
assbot: DMC [1@0.63BTC] paid: 0.02635814 BTC. Last price: 0.04 BTC. Capital gain: -0.59 BTC. Total: -0.56364186 BTC. (-89.5%)
assbot: Requesting data from GLBSE (might take a while).
MoneyIsDebt: JAH went from 0.169 to 0.001
farfi: but from around 0.5- 0.6 to 0.04 ?
farfi: what happend to DMC chare price?
DeaDTerra: Looking to trade some shares, have a look at my portfolio and see if there's anything you are interested in https://docs.google.com/spreadsheet/ccc?key=0Aq6Ug2ODt-l2dC13WldWaTBWQVNYZWRwVDgtQmhzUkE#gid=0 Or if you want to sell then pm me and I will see if I am interested in that asset :)
kakobreklaa: not sure how that will help, but keep an eye on it
mircea_popescu: want to see my log ?
kakobreklaa: i have no reasonable explanation for this
mircea_popescu: but that was on twitter like 1 hr before.
mircea_popescu: then i go i wonder if it died, then something comes up
mircea_popescu: very, i mean i see things on twitter, they don't pop
mircea_popescu: i was getting > 1 hr stale reports. it might have been my irc connection tho
mircea_popescu: i dunno what happened there, but
mircea_popescu: btw, copumpkin, re the bond laying fallow risk : you can split it up, you know ?
mircea_popescu: whoa that stuff's from like an hour ago.
mircea_popescu: lol no, it seems to just not pick mpex stuff anymore ><
mircea_popescu: he really should fix that website
toffoo: smickles: now all you need to do is xfer some USD into bitfloor before that spread moves ;)
smickles: i'm not sure what that means tho
mircea_popescu: o wait, it's tangible's ?
Chaaaang-Noi: http://fastcash4bitcoins.com/Options.aspx anyone else use this site?
mircea_popescu: what happened to it ?
smickles: heh, looks like there's ~1000btc arb op bitfloor <-> mtgox
Chaaaang-Noi: i kinda wanted to do it right away
Chaaaang-Noi: i saw bitfloor but there is a delay for getting verified or something
smickles: "Avoid third party services and credit your US bank account directly using our free ACH withdraw option."
smickles: how's bitfloor looking these days?
Chaaaang-Noi: what is the best way to get btc into a us bank account?
smickles: maybe shoot myself an email when all the float is used so that i can check in on 'the goings on'
smickles: yeah, then I just need to keep track of how much of the float funds are being earmarked at any given moment
mircea_popescu: so all you need is maybe a coupla hundred to float anything.
smickles: mircea_popescu: well, i was exaggerating about 'k's, i would, of course, cater to large clients
mircea_popescu: "Today, it's all gone. You get a whale show up with four million in a suitcase, and some twenty-five-year-old hotel school kid is gonna want his Social Security Number."
mircea_popescu: you seen that film incidentally ?
mircea_popescu: this isn't bullshit post-Casino irl. this is pre-Casino
mircea_popescu: if you think about it, somebody with 1k in capital is prollybetter off making his own acct
mircea_popescu: you don't have to start with few k coins
smickles: if only I had enough btc in my pocket to not care about floating users a few k coin here and there when I know there's 6 confirms on the tx
smickles: but, as you said, it's not a perfect solution to have my users wait on your manual deposit confirmation
smickles: we're talking about a program here. all i'd have to do is a line that summs what I expect user accounts balances to be and compares it to the stat
smickles: mircea_popescu: the more i think about it. the 'watching mpex addy and keeping track of stuff internally' method isn't as complicated as i made it out to be
smickles: heh, i thought of situations like that :)
smickles: as well as having a system to point out 'out of the ordinary' withdrawal request to me
mircea_popescu: o nm, they could just buy their own shares. strike that last line it's stupid.
mircea_popescu: i mean, why would someone fuck you up on deposits if thery can't withdraw the benefit ?
mircea_popescu: well that reduces the incentive
smickles: I was planning on haveing that be a manual process
smickles: i believe I'm doing everything else more than reasonably securely, but the deposit method, i'm unsure of
smickles: k, so maybe that's too broad of a statement, but,
mircea_popescu: well in that sense...
smickles: yes, i can prevent the exploit which I originally brought up thru careful monitoring, but who's to say there's one I have't thought of
smickles: my issue is that programatically verifying that it's there (without an indication from mpex that it's there) may open up unkown exploits in my operation
mircea_popescu: ya. if not you'll have to whine :)
smickles: yeah, (if i have teh btc in the mpex account as well)
mircea_popescu: once you see the mpex address getting that ammount in the transaction chain with 6 confirms you're good. neh ?
mircea_popescu: your customer wants 100 btc worth of whatever. you make the deposit order, give him the ammount
mircea_popescu: but let;'s go through this
smickles: meanwhile, i'll continue to occasionally bitch and moan about various things
mircea_popescu: im not doing it till i have a definitive and godly version.
smickles: heh, so your saying i'll need to update some regexes?