log☇︎
119100+ entries in 2.663s
Bugpowder_: when the bounce didn't happen
deadweasel: yeah, alright. I won't be wiped out if someone takes my cash, but i'd prefer not. thx for the input.
Bugpowder_: I don't think we will see 11
Bugpowder_: plus or minus a few days, I don't really remember
MJR_: i don't know
assbot: Shit. You ain't even old enough to smoke.
Bugpowder: bot doesn't want customers
jcpham: can't confirm
ll: !t h him
MJR_: who doesn't admit that afghanistan is getting old...
MJR_: he hasn't actually done anything much of value...he hasn't produced much
taub: Krugman doesn't know shit, he still belives the broken window fallacy
MJR_: ^^^why he doesn't get bitcoin
Bugpowder: It will pop and Krugman will say we didn't print enough
Bugpowder: I just can't think of any asset class that is undervalued right now
Namworld: I didn't manage to grab back some low BTCs in the 60s before it bounced back
Namworld: I'm sad I had most of my BTC value in my portfolio couldn't sell all at the top
Bugpowder: I don't see it getting under 15
Namworld: since price doesn't go up, I expect demand from speculators to drop and ones still holding to start selling as prices slowly go down
Namworld: demand is gone... but most don't want to sell yet
BitHub: i don't know why its not featured in #bitcoin-market but okey
Namworld: although the ticket thing ain't that hard to do
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
ThickAsThieves: the actual frequency isn't the issue
taub: hft does contribute, but you can't even hft on any bitcoin exchaneg so i dont know why people keep bitching
mircea_popescu: the algo didn't change.
mircea_popescu: anyway. the bot's pricing algo is proprietary, yes. i don't see why it wouldn't be.
mircea_popescu: i don't mind it, especialyl if it makes sense.
jcpham: it isn't stolen until the blockchain says fuck you
Bugpowder: don't loan your coins
jcpham: don't loan your coins though for btc-only
mircea_popescu: clueless internet warriors who have definitive answers to things they read on wikipedia. i don't want to empower you folks.
mircea_popescu: unbalanced_ well... so silicon angle doesn't do research. i had no idea they existed.
taub: real trading runs on margin as well and isn't a bucketshop
pgp: coinsetter puts out all these press relesses about margin lending, which by the way, isn't rocket science...
jcpham: wouldn't that be the most profitable enterprise?
unbalanced_: I just want to broaden the base of MPEX users, I don't mean to be trollin'.
mircea_popescu: if it were something anyone could do i wouldn't even have bothered doing it myself.
mircea_popescu: anyway, unbalanced_, people (like for instance MtGox) were discussing plans to trade options on bitcoins back this time in 2011, and mpex wasn't even mentioned.
unbalanced_: I hate seeing these articles now where people are discussing plans for trading options on bitcoin and MPEX isn't even mentioned. That's all I'm getting at, let's get them to notice what you've built here.
mircea_popescu: grosso modo if you're spending any part of your day in a place where you can't peruse porn you don't belong here anyway.
mircea_popescu: let me illustrate this point, and i won't even use tits.
pgp: not that MPEX isn't real life...
asciilifeform: true. and you do, until you don't.
mircea_popescu: i don't think that implication works.
mircea_popescu: anyway, not so sure sepukku is such a bad example. you have one chance to do yourself in as one of us now that you can't continue living as one of us.
asciilifeform: mircea_popescu: maybe the very definition of being an aristocrat is that you don't feel compelled to plug the other guys.
mircea_popescu: get moar gold but can't throw a party cause there's nobody to invite.
mircea_popescu: i don't feel particularly lamer than them so.
mircea_popescu: i don;'t think they cared either way and in the end i don't think they fought for that either.
mircea_popescu: public don't enter into it one whit.
asciilifeform: you don't plug your fellow top dogs for the wormy multitudes. you plug them so they don't - you. because there are only so many palaces/harems/etc. to go around.
mircea_popescu: you don't really want to kill the contenders.
mircea_popescu: i don't credit this very womanly approach to history.
asciilifeform: note that Stalin couldn't even ride a horse (Zhukov rode in the victory parade in his stead.)
mircea_popescu: just so with power. the powerful don't actively seek it. it seeks them.
mircea_popescu: this isn't even true.
mircea_popescu: trying to save on fucking ain't the way to go about marriage.
Namworld: Involves waiting a few weeks, and I don't trust other exchanges enough to deposit there.
asciilifeform: can't argue with that
mircea_popescu: you don't have money... well it just means you suck.
asciilifeform: if it doesn't matter what the rats do or think, why would MtGox's effect on the rat media matter?
mircea_popescu: sure, on ocasion. but fact remains most major players don't even have an account with them
mircea_popescu: i seriously don't know anyone who's neither a noob or an idiot seriously using mtgox.
mircea_popescu: sure, garbage bins almost always have some food in them. i wouldn't call this a "brand"
mircea_popescu: i don't see any value there.
asciilifeform: (whenever I read the word "goxlag" I can't help but imagine a future Gulag for BTC users...)
asciilifeform: mircea_popescu: if speed doesn't matter, why does anyone complain about "goxlag" ?
mircea_popescu: you put it on the book, can't cancel it for 1 second say.
thestringpuller: We don't know anything.
thestringpuller: You won't know that until it's used.
thestringpuller: Dude don't engineers started on the "threads' debate
thestringpuller: haven't we all fucking learned that Unix did everything right years ago?
Scrat: and we shouldn't discuss this anymore :p
Scrat: I still don't get where it will be used
mod6: but yeah, they can't exercise on their own
mircea_popescu: then maybe mpoe bot isn't even that overpriced atm
Scrat: I don't think it's his
mircea_popescu: i don't happen to believe in making things to own. i prefer owning things other ppl make
mod6: isn't it true that major chip makers will get into this space as btc becomes more widespread and demand for these chipsets becomes higher? innovation will follow also?
asciilifeform: Diablo-D3: any scheme that claims to be resistant to hardware brute-forcing which doesn't change complexity class is hollow - it just hasn't met the right hardware yet.
mircea_popescu: no it doesn't omg. the same can be said : only the most powerful states can keep slaves etc.
Diablo-D3: scrypt isn't limited to what ltc is doing with it
mircea_popescu: this is the problem with slavery, it doesn't promot innovation.
asciilifeform: mircea_popescu: exactly. slavegirls don't scale quite as well as ASICs.
Diablo-D3: I don't directly want that.
mircea_popescu: asciilifeform yeah in some ways. but if you can't interconnect then youi can't really have an exchange.
mircea_popescu: Diablo-D3 ya but the idea is that for w/e reason you can't use satellites at all
mircea_popescu: asciilifeform the idea is that if you don't manage to get 10-20-50 mile continuity between statyions
mircea_popescu: maybe a kb/sec but most trails don't last a second
mircea_popescu: asciilifeform ok i don't get this. use meteors how ?!
mircea_popescu: i can't believe people still use pdfs
thestringpuller: sounds reasonable, i didn't know if you were opposed to people setting up rackets using bitbet
thestringpuller: I didn't expect you to be so reasonable :P
mircea_popescu: thestringpuller i still don't ghet it.
mircea_popescu: taub i don't have the time/patience/interest.
mircea_popescu: http://polimedia.us/dtng/c/src/128227433695.jpg wouldn't it kick ass if that was Bitcoin branded ?
mircea_popescu: jurov seems it doesn't exist. pity.
damientrog: but I don't think many people are in that situation
mircea_popescu: no. avalons don't count.