log☇︎
14600+ entries in 0.715s
mircea_popescu: let's simmer down for a moment.
thestringpuller: lol mpoe is going up and down
smickles: mircea_popescu: is the volume on options down recently?
mircea_popescu: darkee 20 is significant. some people never received anything but we put it down to rounding (which yes, is a horrible practice but what can you say)
Doffx: I find her information useful at the same time she needs to tone it down.
Doffx: I told you dummies it was a scam is not very educating, " I told you so " In general usually just puts people off and shuts them down completely.
mircea_popescu: this is like saying a college turning down applicants "loses"
EskimoBob: "33:56 thestringpuller | EskimoBob: lets take down Usagi rough shim up." - funny :) I think usagi is taking himself down at the moment. Maybe this is his exit "strategy" and he is going to announce how he feels insulted and leaves for good. A girlish exit lol
thestringpuller: EskimoBob: lets take down Usagi rough shim up.
thestringpuller: Don't shut down
noagendamarket: imagine if you burnt your workplace down and asked the boss for your wages still lol
Azelphur: I imagine it's not too much of an alternative now, as soon as GLBSE puts out the info it's shutting down anyway
Azelphur: although he says that in order to pay out in october he needs people to mine, and his pool has been down for nearly 24h now
smickles: Diablo-D3: usagi told me that he had the btc AFTER glbse went down
smickles: thestringpuller: i think it was glbse going down that did 'em in
thestringpuller: like for instance someone having all their money under a mattress and the house burns down...
mircea_popescu: no actually, if you actually hanker down and count heads, the scammers aren't a majority. they just seem like it cause they get more press.
Diablo-D3: noagendamarket: or "dmc will be shut down, diablo will go to bitcoin prison, and we'll get down to the truth"
smickles: ah, well, also, usagi claimed to have the funds to pay on this contract even after glbse went down
Diablo-D3: EskimoBob: dmc is shutting down still
thestringpuller: it's an inevitability of an assets exchange shutting down improperly
BTC-Mining: Yeah, but it basically means every time bitcoins value go down by a lot, MPEx has to pay for it because the escrow is not USD
BTC-Mining: Aye... but now let's assume the opposite in the extreme. Price goes down to 0.01 USD... The calls are worth nothing so are not exercised. So you get back 100 BTC. However... Puts are worth 1199 BTC and are exercised, so you need 119900 BTC to pay out with 100 BTC only in collateral.
mircea_popescu: it rounds issuance down, so you could end up with 0 puts if the strike is high
mircea_popescu: you make 5k atm calls/puts, you sell the calls, keep the puts. if price goes down in fact you make a decent profit
mircea_popescu: well, yes, it practically boils down to, a little overescrow.
BTC-Mining: But if I don't sell like I want, if price goes up/down, no loss
mircea_popescu: and at the end of the month he gets something, 0.0x or more possibly if the price goes down
BTC-Mining: I'll report when I get paid mine, I rounded it down to the bitcent
smickles: couoon was confusing the fuck out of my 2 beer down mind
Graet: ozcoin is down :/
thepulledstring: Too bad bfl's bitstream is locked down.
Diablo-D3: dub: why is dubserv down
thepulledstring: Ozcoin is never down
Diablo-D3: is ozcoin down
knotwork: damn all that ASIC money still be dumped by the ASIC folk to buy fiat to build thier ASICS holding price down maybe?
gigavps: glbse has let down their entire userbase with yet another knee jerk reaction
gigavps: glbse has pretty much ruined any entire market, it's kind of hard to understand the effect of just shutting down their service without any notice
Chaang-Noi: lol 30 btc to get an account? you know i turned you down when it was free
copumpkin: cash boils down to whether you can prove that you gave the money to the person
Chaang-Noi: fed shut down already closed exchange...
Chaang-Noi: also i wonder what the SEC will do now that glbse closed down
copumpkin: I dunno, all I know is that for a while he had a form up and then he took it down
Doffx: Not like he has glbse down, seems silly.
jurov: i got into some reddit discussion: http://www.reddit.com/r/Bitcoin/comments/118tii/global_bitcoin_stock_exchange_shuts_down_for_good/
Ukto: iwhen i saw glbse went down
Ukto: and said "hey guys, i am shutting down for legal reasons. and working on a plan"
Ukto: if it was govt intervention, the site would just go down
Ukto: he could lock down btc withdraw
mircea_popescu: anyway, im off. hold down the fort all!
kakobrekla: i down like 5 btc
Ukto: i jsut figured that a sale, would be aimed down
Ukto: so it takes 2 sell's work to declare a down?
Ukto: in a system.. if last trade was a buy at say.. 1.5... and there is a sell at 1.75 that goes through, even though the price is higher than the last trade, woudl you mark that as an up or down for last trade?
Azelphur: mircea_popescu: I'm curious, has MPEX traffic increased since glbse went down? if so by how much? :p
Diablo-D3: at least he could have waited until I was done shutting DMC down before he paniced
rdponticelli: Publish that on the forum, and somebody is selling it all the way down...
mircea_popescu: Get ready for it kids, bitcoin is going down the path of specialized criminal enterprise so fast it outstrips belief. The next big disaster is already out there- BFL's and the massive pre-order, that will end up getting the royal shaft in about 30 days
DeaDTerra1: How about giving the whole forum a scammer tag :) We might as well with all the accusations coming down
copumpkin: perhaps it's shutting down cause he got sued over that
Chaang-Noi: when i say slow down i mean stop.
Chaang-Noi: i agree pigeons but i expect things will slow down. iv already been told i cant accept the code system glbse gave me
pigeons: nice, look, the whole situation sucks, he's closing down so your accounts will be closed. let's just hope for the best that everyone gets their coins back and an accounting of who owns what
mircea_popescu: (also, there's an old ww2 air raid alarm that sounds if the site goes down)
mircea_popescu: ya, i took it down to bring v2.0
grubles: mircea_popescu, looks like mpex is down
pigeons: if you are shutting down, you get out as fast as you can, let everyone have their stuff back. if you require new id to give back someone's stuff, you either are going to give that info to somebody, or you think you may need to bargain giving that info to somebody in the future
Chaang-Noi: if the sec came down on him, no way would they let him still operate
pigeons: there is a site you can see the management of the gpus and fpgas and what pools they are at and temps and hashes, but hehehe yes down atm
boonies4u: *writes that down*
mod6: .. i gotta head down there soon and visit
rdponticelli: Well, with glbse down, you're safe from the turds, at least
Azelphur: inb4 mircea shuts down mpex and requests personal info for withdrawals
cryptorific: mircea_popescu: i'm not saying glbse or mpex should be shut down, i just think from a legal perspective that they have a serious legal liability, mpex less so because its based out of a less friendly jurisidiction but if i were you I'd be getting any politician i can to here my case for official sanction
Bugpowder: Cause I'm not selling it down to 117500
PsychoticBoy: yes thats true, but how long will it take to be paid now glbse is down
mircea_popescu: im not down
mircea_popescu: am i down?!
noagendamarket: meh if he shuts down glbse before an audit happ[ens no harm no foul lol
____Atlas_____: It will probably do well until its server gets knocked down
____Atlas_____: I mean, if a good portion believes it will go down because of this
BTC-Mining: GLBSE is not just down, it's closing definitly
Eisenhower34: So just that GLBSE is down or have there been updates about that "singularity" ....
mircea_popescu: he then will be making more by closing down glbse than he ever made running it.
____Atlas_____: I did not immediately fall down
BTC-Mining: What's the problem femtotube, other than GLBSE is closing down?
____Atlas_____: I am just finding it hard to be empathic towards someone who closed down a mutually owned company without clear consent
____Atlas_____: I keep having these dreams of being on elevators that go side-to-side, up and down in these large futuristic office complexes
BTC-Mining: No, official close down notice...
sgornick: Of all the security breaches that have happened, wouldn't now be the right time for GLBSE's DB to be leaked so that issuers can wind down properly?
boonies4u: some shit will go down, because people are going to do stupid shit in december
boonies4u: so has anyone vanished since glbse went down?
boonies4u: i'm surprised my loan to invest in mining ops and hardware actually was fulfilled, even after I announced that I would be delaying its activation due to glbse going down
mircea_popescu: make glbse go down in history for what it was : a huge selftrade platform.
Azelphur: yea, he needs that information in order to legally shut down
pigeons: he's shutting down
pigeons: he's shutting down, what does he need your ids for
teek: copumpkin: at how it is actually going down.. yeah i guess i am
BTC-Mining: GLBSE closing down?
BTC-Mining: GLBSE closing down