14300+ entries in 1.005s
mircea_popescu: bitfinex (the thing which now is misreported as > 30
% of the bitcoin average usd price)
ozbot: 3.130 billion | Next Diff in 429 blocks | Estimated Change: 19.9917
% in 2d 8h 50m 18s
ozbot: 3.130 billion | Next Diff in 435 blocks | Estimated Change: 20.0629
% in 2d 9h 53m 33s
Mallstromm: jurov: well, daytrading is risky business indeed. I only daytraded during my "accumulation" phase. Now 90
% my funds are in deep cold storage and 0
% of them are on third-party services.-
cerelenius: well they are implying a 9-10
% chance of recovery
cerelenius: dignork: nobody is stupid enough to hedge bitcoin with 50
% price swings daily youll go broke.
cerelenius: dignork: the currency doesnt change 50
% in a day
cerelenius: i already explained bitcoin has 2 sources of demand 1) speculative and 2) settlement, break down what settlement means and you get mostly black market activities and maybe 5
% of little bits and pieces
cerelenius: it can always only make a tiny tiny
% rich
cerelenius: 1
% of bitcoins cannot be spent without the market going to zero
mjr_: that is what you don't get...if i took away 90
% of the wealth of the entire world...the system wouldn't have changed at all
cerelenius: one day people are going to wake up and see their bank accounts reduced by 95
% cerelenius: dignork: the same way bitcoin will because of what i outlined earlier in the chat. a tiny tiny
% of holders will be filthy rich while everyone else is filthy poor
cerelenius: you need to sell hundreds of billions to move it 0.5
% cerelenius: misterE; LOL not a single bank in the US or europe has 10
% currency reserves
cerelenius: misterE; they can only write down a tiny
% of it before they are insolvent.
cerelenius: in the united states about 2.5
% of mortgage holders defaulted
cerelenius: a bank can take loses on max 1-2
% of total debt
cerelenius: the same thing under 100
% gold standard
cerelenius: bitcoin economy you will always have everyone impoverished except about 0.001
% of holders
cerelenius: bitcoin is 100
% jewish monetary theory, hoard coins and watch them swell in value while adding zero value
mircea_popescu: maybe if you were mtgox cca 2011 and had 9x
% of the market you could bring the arugment that it's nonsense to empower errors by going outside
Bugpowder: The 0.01
% of bitcoin trying to feel the pain of the 99
% Namworld: Withdrew it at a 10
% cut as soon as issues hit.
ozbot: 3,129,573,174.52229 | Next Diff in 598 blocks | Estimated Change: 20.5183
% in 3d 7h 2m 4s
mircea_popescu: greenspan_fan you have to take into consideration 80+
% of that was when btc was < $1
☟︎ nubbins`: let's all chip in on 14
% below
greenspan_fan: meanwhile, every exchange is down 20
% while the dude's launching some kind of btc venture fund
mike_c: i just got it running on a VM. it wasn't 100
% healthy, but it ran.
mircea_popescu: asciilifeform atm trading at like 220
% book. i guess you're well regarded.
ThickAsThieves: "Paying 30 btc to get access to trading on mpex would be a huge misstake for 99.99
% of all people, especially as some got access to that for free in the beginning."
dexX7: wow 13
% daily, must be legit
ozbot: 3,129,573,174.52229 | Next Diff in 731 blocks | Estimated Change: 19.9186
% in 4d 1h 29m 47s
the20year: Don't even have to do that 90
% of the time
mircea_popescu: benkay consider this simple point : facebook overpaid by about 99.x
% for that whatsapp thing.
mike_c: kelly criterion is simple on a 1:1 payout - you bet your edge. that is if you have a 60
% chance of winning on a 1:1 payout you bet 20
% of your bankroll.
benkay: 0.01
% chance of winning 1B - how ams even calculate
jurov: meand 1.4
% of them should be primes, plenty enough
davout: dignork: as in 10
% of the numbers above 2^1023 is a prime?
ozbot: 3,129,573,174.52229 | Next Diff in 885 blocks | Estimated Change: 18.8556
% in 4d 23h 39m 8s
bitcoinpete: If you could call Bitcoin a technology, it would be the 3rd after Apple and Twitter that I was in the first 1
%. Not on my CV, I swear
mircea_popescu: asciilifeform about 90
% of reddit has never shaved with it
nubbins`: round it up to an even 10
% organic
nubbins`: so instead of getting regular cotton tanks shipped from the next province over, we order 6.25
% organic tanks shipped from the exact opposide end of the continent
nubbins`: she wanted organic racerback-style tank tops. such a thing does not exist. the closest we could find was tanks with 6.25
% organic cotton
ThickAsThieves:
http://bitnode.io provides public & private p2pool nodes. 0
% fee on public nodes. private nodes on inquiry. private nodes and altcoin nodes coming soon
mircea_popescu: ;;later tell mike_c here's the actual data : since jan 1st mpoe bot has quoted 7192 times, for a total book exposure of 62930 minutes, = ~43.7 days (out of 51.4) so like 85
%. of these in turn 7 (so like 90
%) have been since the 14th, ie since the signal divergence.
B007: :
%s/be your/by your/g
gribble: Premium of Bitstamp over MtGox is currently 456.444069231
%.
Namworld: While we can buy BTC for 20
% of price at other exchanges.
Namworld: I still see people offering 40
% at a minimum.
Namworld: People are buying gox BTC for 40
%-60
% in BTC.
ozbot: 3129573174.52229 | Next Diff in 1383 blocks | Estimated Change: 19.8444
% in 7d 16h 45m 14s
ThickAsThieves: will you pay a 10
% premium on market price for the LTCs?
Bugpowder: Anyone selling goxbux??? I hear they are having a 75
% off sale
greenspan_fan: "if you want a picture of the future, it's us collecting a 3
% transaction fee... forever"
kakobrekla: <VirtaEu> yes, you can contribute to the Satoshi Project to receive a guaranteed 120
% payout (34.1
% funded on round 49) :
http://cur.lv/7lc9r