log☇︎
297500+ entries in 2.318s
cads: No, I intend to do all the research and coding myself - API + engine. The web front end will be done by friends.
cads: mircea_popescu: this summer I will work towards implementing a marketplace for BTC <-> LTC futures.
cads: mircea_popescu: I have a help request and project proposal for you.
mircea_popescu: Scrat i bet the forum will be full of people saying "thank you mpoe-pr for warning us not to trust these muppets a month ago"
KRS1: they should just give me the 30 btc instead of buying namecoins, at least i'll talk dirty to them or something
joeykrim: KRS1, i think you might only see that in one specific region until they re-route to another region
KRS1337: yes- limit order that is what i meant about my sell order not going through- market price is lower than my selling price at that moment, but my view to the actual market price is obscure
KRS1337: I appreciate your insight
mircea_popescu: KRS-1 use limit orders i guess
KRS1337: if I want to sell btc but gox is lagging really bad does that mean i get a really bad market price or my sell orders might not go through?
mircea_popescu: at the time i'm saying this about ltc, 1. ltc is a copy of btc with no actual advantage and 2. i'm not ignorant.
KRS1337: maybe.. bgupta i think about that
bgupta: mircea_popescu: Arguably one could have said the same about btc 3 years ago… IE: Many claimed btc was a big ponzi scheme that created value out of nothing.. I'm not convinced but there may be value in having more than one cc.
KRS1337: yes mircea popescu i am
mircea_popescu: pretty much the one use of ltc that i can see atm is to play ponzi. do you see another ?
joeykrim: can i pm you the address ive been using?
joeykrim: read the faq, stay away from bad bets, something i would bet on
joeykrim: mircea_popescu, talked last night with kakobrekla who recommended i ask you .. ive been putting in bets on bitbet.us and was wondering if you had any insight on why some get rejected?
KRS1337: ya thats a good thing..i have no long term interest in ltc..just wanted to throw a buch down right quick but did not expect this
KRS1337: hmmm maybe i can buy a ton right now
jurov: i'm not going to predict anything. just don't panic and wait it out
KRS1337: i know..its just me
jurov: and i never said anything about btc-e!!!
KRS1337: so i can probably transfer them to another exchange? I see people on btc-e losing their asses
KRS1337: jurov: idk..i see ltc tanking then i hear get away from gox..idk what to do
bgupta: jurov, where else can I trade btc with liqudity
KRS1337: great friday morning i woke up to
KRS1337: will I lose my btc investment too soon? wtf is going on
jurov: bgupta, just get rid off mtgox completely. fortunately i'm not american, just following
jurov: so more ppl did the same, i guess
jurov: KRS1337: i had quite a few ltcs bought year ago stashed at various places
bgupta: what's the deal with this? http://coinlab.com/press I seem to still be able to directly access my mtgox account?
mircea_popescu: well, the thing is, i'm really uninterested in oppinions. i am stating facts.
mircea_popescu: i have no idea why this is so difficult.
mircea_popescu: obviously he doesn't have a prayer in hell to compete seeing how he handles < 1k and i do over 1k. of course my service would be better.
mircea_popescu: when i say you suck and mpex owns you, he says "this is true"
bgupta: (I was third level support, and it generally took a long time to get to my desk, and if it did it wasn't trivial to solve.
mircea_popescu: i know they have.
bgupta: (Saying this because I have worked in customer service orgs in the past.
bgupta: I think that they are at a scale that they are using "helpdesk staff" that are largely following scripts.
mircea_popescu: then again i guess that's asking a little much, they probably don't have the technical ability to do anything other than read tickets from their host.
mircea_popescu: it says specifically what i wish from a service that aspires to be halpful.
bgupta: I'm reading it as we take care of simple issues in 20 minutes… complex issues or outage related issues exluded.
mircea_popescu: http://trilema.com/2013/boys-and-girls-i-got-news-were-being-probed/
mircea_popescu: again, that's not what i said.
bgupta: I don't read "when issues are not simple user-specific issues (or linked to an outage)" as "when issues are not simple user-specific issues that are linked to an outage"
mircea_popescu: what i mean is : they are NOT transparent.
bgupta: well. I'd be curious to know what they mean by "simple user-specific issues" IE: Does that preclude "complicated user-specific issues"?
bgupta: I don't yet see evidence of outright lying.
bgupta: For some reason I thought that it was you… since you are always linking to posts by said avatar.
mircea_popescu: i'm not saying this to exclude you, just saying, this is all very banal crap
mircea_popescu: also we're not quite prepared for serving new people, what i'm saying here is common knowledge among "us".
mircea_popescu: i guess she's lazy
bgupta: "I won't bother to compile the endless list of proof to show you just lied" Why not?
mircea_popescu: bgupta they were not transparent about either. they are not transparent now either. i have no idea what you are talking about.
bgupta: Or am I misreading..
mircea_popescu: hickAsThieves> going to bed, i expect you guys to get btc up to 140 while i sleep << and yet it's exactly 133
bgupta: I don't think we need to exchanges. perhaps more money changers
bgupta: personally I kinda wish btc would stay really low so I can buy more..
denialdenial: so i don't see how 1000 matters
taub: i dont think anyone argues that it's horrible in general
denialdenial: i don't think the price matters anymore
bgupta: well, I suspect that miners will start moving to oz.
bgupta: it would only shift if cartels wanted to keep their stashes in btc.. and I'm not so sure that would be a good thing for btc… IE: governments might use an excuse to outlaw
bgupta: I know silkroad does about $29 million per month
taub: i dont think endless spending and money printing can go on forever
denialdenial: i can tell you in case you don't know
taub: i'm still half hoping the system wont collapse
denialdenial: i doubt will see JUly 2011 again ever
bgupta: I certainly would look to liquidate USD equities and move to btc.
bgupta: I don't think so… if there were a crash, I think buyers would come out in droves..
denialdenial: i think so
denialdenial: i would expect the japanese to at least make a trillion dollar samurai sword or something
B0g4r7: Most all of the overseas suppliers I order from, they want paypal.
B0g4r7: I think the only reason a lot of ppl use pp is because it made international payments easy.
denialdenial: i was reading a reddit post comparing bitcoin to paypal earlier
ChaangNoi: i bought a bunch of yen a while ago, made 20% in 2 years, sold it howevere
denialdenial: i heard AUD is trading against yuan directly soon too
B0g4r7: By an order of magnitude I'd say.
bgupta: (Not that I can really borrow Yen ATM..
ThickAsThieves: going to bed, i expect you guys to get btc up to 140 while i sleep
ThickAsThieves: wait Japan is gonna double the amount of currency in two years, did i read that correctly?
Bugpowder: At this point though, I've cashed enough out that I'm just gonna sit on the rest for a long time
Bugpowder: I am happy to take a pause from rapid price gains on say... April 27th.
Bugpowder: yeah i know
mircea_popescu: anyway, i dunno, davout is awol.
mircea_popescu: well... i guess the 40k rthey moved was some panic attack.
mircea_popescu: I started with 0.1. I made it to 0.2 playing over a week and 200 transactions later. Then it went down to 0.04. Then I made it go back up to 0.2. After 400 transactions later, I lost it all in a do-or-die bet, the final bet was 0.04 or something like that.
ThickAsThieves: i think AM might have some kind of balancer that moves hashes to oxcoin
thestringpuller: mircea_popescu: it will be funny when I drop your name to simona tomorrow and she happens to know you...for some reason...
mircea_popescu: but i'm not interested in doing fiat.
mircea_popescu: unlike absolutely any other bitcoiner i can just walk into a bank's boardroom and talk to the board.
mircea_popescu: i know half the bankers in the country.
mircea_popescu: Bugpowder it makes jack shit of a difference, i could easily do it.
mircea_popescu: i'm not going to be the mother of bitcoin invalids.
mircea_popescu: i'm not interested in writing code
mircea_popescu: i'm like...
ThickAsThieves: i like AM, but i dont like repeatedly moving targets
ChaangNoi: AM and friedcat is looking like the best bet right now on asics as far as i can invest, bfl, hhhaa no, avalon? maybe but at this price, no
mircea_popescu: i don't jump to the unrelated "they will x"