log☇︎
119400+ entries in 2.78s
mircea_popescu: it hasn't been happening since the january upgrade at all, but then again
Bugpowder: it doesn't have funds
pgp: can't be
bit_nutz: such big price discrepancies across exchanges...why aren't these getting arb'd away?
Scrat: like I don't know. a coffin?
mircea_popescu: lippoper ThickAsThieves was saying earlier. i don't imagine he's faking it
splnkr: lippoper: i'm not confused. i explained the situation 10 mins ago you didn't read everything i wrote
lippoper: and can't even say yes/no if he's verified
splnkr: they have changed their withdrawal process though and didn't explain it well
bgupta: Namworld: I'd guess because they hadn't heard of it before.
gribble: Mt.GOX Can't withdraw USD
guruvan: but we damn sure won't let clients sell into a bottom feeding frenzy
guruvan: don't invest more than you can lose peoples
mircea_popescu: i don't think you're discrediting bitcoin by speaking the truth.
guruvan: I agree - I haven't actually used them for months now
guruvan: [08:13:39] <mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu> mtgox must go. <<< can't tell ya how many times I've heard this today....online and at home
mircea_popescu: afaik everyone running pts already has accounts on mpex anyway so wouldn't be a big deal.
lippoper: ThickAsThieves: now that Mt.Cocks doesn't support Mt.Cocks cash coupons, people are selling out and/or withdrawing their funds from there. If they missed the chance, they are trying to get verified in order to be able to withdraw
mircea_popescu: joecool afaik those don't shopw
lippoper: the real avg is $35 isn't it?
pgp: you know - I wouldn't be surprised to see it go down to 25-30 and maybe stay there for a little while. Bubble have a funny way of popping...
Namworld: I couldn't get money to btc-e...
joecool: who knows? lots of idiots on gox with wallets they couldn't transfer out
mircea_popescu: seems eerly similar to my taste. judge decided he didn't do anything
Lyspooner: i don't think he was conceited or deceitful (in bitcoinland)
Lyspooner: Bruce Wagner doesn't belong in that list
mircea_popescu: darn you didn't look quick enough and missed it.
mod6: heheh. im late too the party too. so don't feel bad. :]
imsaguy: this is why we can't carry water on to planes: http://www.techspot.com/news/52211-hacker-demonstrates-how-to-hijack-an-airplane-using-an-android-app.html
bgupta: ok the govt doesn't have to kill it kill it.. just needs to prevent it from becoming a threat
benkay: feeling stupid about making a bad choice won't kill btc.
benkay: don't confuse your emotions with economics doffx
bgupta: listen it will be a lot easier to get 100mn budget than to pass a law outtlawing bitcoin.. The problem with outlawing bitcoin, is that it gives bitcoin some credability and noteriety, and wouldn't kill it..
splnkr: if's for the bills and janes of the world that all owe each other small sums…in other words personas they used to design the service that don't really exist =P
splnkr: well ripple is cool for what it is, but it isn't "digital cash" in the same way bitcoin is either
mjr_: ugh...i almost wouldn't mind the illiquidity if they would just go away
bgupta: down to "cool the market" funny they didn't do that on the way up. :) Also they claim they will be upgrading to a larger server. (A larger server!! Wow!! Perhaps we can get them a mainframe, because distributed computing hasn't been invented yet.)
splnkr: yeah…moved my funds off yesterday when they got all dicey with the order lag. can't be having that
deadweasel: 227 was last vwap... so any that don't break even there would be profit for mpe
deadweasel: if they weren't exercised
mjr_: i don't think they will get the chance to remedy their stupidity
mjr_: that is why most exchanges don't really allow odd lots for everyone
Namworld: But not if I can't get more and it keeps crashing...
mircea_popescu: Namworld it srsly doesn't look like it;'s going to go down too badly.
splnkr: i don't see a lot of arb if not…and if so it's illusory
pigeons: mjr_: wait for the actual bids and asks to load, don't just look at the suggestion
taub: i want a 0% exchange that isn't exploitable >:D
joecool: we don't
jcpham: i've been saying for a long time -otc shouldn't exactly base their trades off the ticker
mircea_popescu: bgupta don't ask ;/
pigeons: there hasn't been a buying opportunity like this in several days!!
mircea_popescu: it obviously didn't like the drop
lippoper: ;;eightball Are you sure, I shouldn't buy in at $100/btc ?
lippoper: aren't you being optimistic?
mircea_popescu: they weren't "circuit breaking" yest's runup either.
unbalanced: You may want to snag the plural of that domain and redirect it to the singular. Assuming it's your site... I can't keep track of all you guys.
mircea_popescu: <Bugpowder> every firm with HFT doesn't give a shit about bitcoin <<< ya well, kids and clues seldom meet.
deadweasel: the infrastructure to do so successfully doesn't seem to exist yet...
deadweasel: ^ yeah, i don't see how anything in btc could be considered HFT...
Bugpowder: every firm with HFT doesn't give a shit about bitcoin
deadweasel: i don't know how they did.... jurov, where did you get your vwap yesterday?
Bugpowder: mircea_popescu: So are you going to tweak the mpoebot so it doesn't sell calls for over 1BTC?
pizzaman1337: I don't think that's possible, the severs that handle the transactions aren't public-facing, right?
mircea_popescu: i expect people who don't to have somebody who does do their investi9ng for them.
mircea_popescu: i don't expect users to grok commandline gpg.
mircea_popescu: i don't honestly think we need much more or anything other than this.
pgp: anyone know of a historical repository for this data that doesn't require me to grab individual exchange json's from bitcoincharts for tiny intervals that won't return most of the time anyway?
mircea_popescu: fuck this doesn't workl either
mircea_popescu: ok i can't get a usable address with brainwallet.org. all the addies it outputs are broken
mircea_popescu: deadweasel i don't really keep very close track
ZedsterX: well couldn't have done any worse the current person on that throne
ZedsterX: MP isn't god?
ZedsterX: it is kinda funny that on gox's twitter they say don't panic network maintance then 8 minutes later we are under ddos
error4733: yep MJT i can't open the link
Namworld: the merchant shouldn't get the fine...
punkman: which they don't let through
mircea_popescu: "all you never cared to know about idiotic topic #345789348975 and therefore you didn't ever ask"
mircea_popescu: don't assume.
pizzaman1337: you don't have to get fiat in between p2p exchanges - you could settle in btc
punkman: you can't have 20% chargeback rate, they shut you down
mircea_popescu: there's things they can do and things they can't do
mircea_popescu: well... mpex is the only one doing that, and i ain't jewish
Scrat: [12:32] <bit14> @MagicalTux: wouldn't the front end and execution engine be on different machines?
ZedsterX: no problem after yesterdays crash i can't afford to read your articles :)
bgupta: Scrat: Don't know if you read it: https://mtgox.com/press_release_20130411.html
bgupta: they basically said "yay the market crashed because our systems couldn't keep up with demand! we rock!!"
benkay_: isn't that the future of the currency distribution anyways? lots of people holding tiny amounts?
MJR_: but once you've hit 265 for no reason at all...now 160 isn't good?
pizzaman1337: yeah, but sometimes bitcoincharts is "kinda" up and mpexbot doesn't place orders
MJR_: unfortunately, i can't get it to work over ssl
naemsi: benkay_: wow, that's weak. It allowed me to create a non-alphanumeric username but won't allow me to log in with it. :/
mircea_popescu: mod6 if bitcoincharts is retarded bot can't quote.
thestringpuller: why isn't the bot quoting?
thestringpuller: mircea_popescu: hey do you still have that picture showing the tweets correlating to bitcoin price saying "proof bitcoin isn't a ponzi"
Namworld: but we ain't seen the bottom of this crash
pgp: i don't think it's done yet
mircea_popescu: don't get me wrong, i too would love to be in a better reality.
mircea_popescu: because i don't want to be the judge executioner and everything else.
thestringpuller: I wrote them an email explaining with the non-linear increase in difficulty and them not having a contingency plan for BFL labs non-delivery, there would be a run on the stock as dividends don't increase over time.
assbot: Hell, ain't we about more fucked than a whore at closin' time, huh?