log☇︎
297900+ entries in 2.303s
mircea_popescu: i wouldn't count on them being around much longer.
sturles: As long as they continue, I will be using MtGox. Hmm. Perhaps it is actually good for their business..
sturles: I hope they continue. I profit massively during panics.
mircea_popescu: see, that's the problem here. when i tell you you have to read up i give you what to read up.
ThickAsThieves: but i'm enjoying it
mircea_popescu: which, i would hope, you've read the most recent trilema article on and know how it was arrived at and why.
mircea_popescu: and i beat it.
mircea_popescu: sturles you're not keeping up. i HAD 100gbps ddos
sturles: And believe me -- I have tried many times to get expensive commercial solutions to difficult problems to work, and in most cases I end up with a much faster and better working homebrew solution. Commercial software developers do it for their salary, not for efficiency, elegance or anything else.
mircea_popescu: as far as i'm concerned the situation here is that you are grossly unqualified to discuss this matter and still insist to do so (because as per the texbook you also lack the metacognitive abilities that'd allow you to realise you're way off).
sturles: You are still comparing apples and oranges. SIX != MtGox. Not even close. In so many ways I don't even bother to get started.
mircea_popescu: i fail to see the big deal.
mircea_popescu: so what, i can put an order to sell a bitcoin for 2 cad or 2.5 dkk ?
mircea_popescu: i would guess the long list of ~250 option lines is longer than whatever list of mtgox currencies
mircea_popescu: i think you're confused.
sturles: How many currencies can I trade the same asset in?
mircea_popescu: listen to me. this isn't a case of "i think"
mircea_popescu: i'm not interested in handling fiat and this is not an argument.
sturles: mircea_popescu: And my home network is only 6 mbit/s, so I can't follow it during the DDoS sessions. To many order changes.
mircea_popescu: yeah well, i'm putting all this down to geek disease then.
sturles: mircea_popescu: I have been working in IT for more than 20 years, and homebrew beats commercial products in 9 of 10 cases,.
mircea_popescu: cause that i'd benefit by
taub: i dont think the matching engine can focus on matching ... it also calculates new balances etc
mircea_popescu: as far as i know the most mtgox can take is something to the order of 10 simultaneous orders. certainly not 100.
mircea_popescu: so then what difference do you see between what i wrote and what you wrote above ?
sturles: Yes, I know a few things about exchanges and how they work.
mircea_popescu: because there seem to be pretty huge disconnects here i can't quite bridge.
sturles: mircea_popescu: That was not what I wrote.
sturles: And I don't believe SIX has more people talking to their API than MtGox. Not for a second.
TradeFortress: I'm pretty sure many exchanges are going to hit similar amounts of lag if they reach gox's amount of users and trades
taub: i wonder what they do over there srsly
sturles: mircea_popescu: You want something else. And you are free to make something completely different from MtGox if you think it will be successfull. I don't.
sturles: Any exchange can copy the mpex and try that model if they think it wioll work for a publick high volume exchange with high liquidity and trading volume. I don't.
taub: well, i'll be moving over to bitfloor and try them
taub: yea, but that isn't the problem yet i think, they aren't nearly at capacity from a hw standpoint
sturles: But I don't think that would help much.
mircea_popescu: before htey couldn't afford that, so i get it. but now the yhave the money to pay for it,
sturles: A 100 Gbps DDoS isn't easy to handle for anyone. Reminds me of the Coudflare attack where the attackers went for their upstream providers and kicked out a few national IXes. I think that one was 40 Gbps.
taub: was mtgox really a trading card exchange? i thought it was a rumor
sturles: I've tried many. MtGox is the fastest by far under normal circumstances, and the only one able to handle this volume.
taub: i doubled my cash couple times more in btc24
taub: i'm moving to bitfloor
jurov: "I understand that many of you have a lot at stake here, but remember that Bitcoin, despite being designed to have its value increase over time, will always be the victim of people trying to abuse the system, or even the value of Bitcoin decreasing occasionally."
toffoo: i think that's just an uptick from the selloff
mod6: well, i better call sleep(), gn -assets :)
mod6: Yeah, I think that people just want to do their duty and do it well (whatever that means) and get the approval or reward they deserve.
[\\\]: I think copumpkin reserved that
mod6: (21:34) < [\\\]> note to self, always go mudding with the windows open << yea! i heard darwin got these ding-dongs
mod6: I like reading old books.
mod6: I'm pretty tired i guess :/
mod6: Not sure why i bring that up.
mod6: So I read this book Anna Karenina a few years back and I recently saw the movie with Jude Law and whomever.. the new one.
mod6: I think people just want to be told what to do.
mod6: I better get off this soapbox .. lol
mod6: [\\\]: "I'm just glad your mother didn't live to see you become a mermaid." "MERMAN... MERMAN!!"
mod6: when I worked nights at walmart in tucson you see it all i tell you
mircea_popescu: 1. pretty much all bartenders are fuckable chicks ; 2. they buy me drinks like it's their bar and i'm their bro.
mod6: i never spent too much time there. drove across it once though. fast.
mircea_popescu: i prefer texas as far as desert states go.
mod6: i guess it depends
mod6: people in arizona are getting more strange i see
mircea_popescu: i see your man with no penis and i give you a matress with a safe : http://www.guardian.co.uk/business/shortcuts/2013/mar/29/mattress-safe-bank-with-confidence
[\\\]: mircea_popescu: I saw your shocker and raise you a man with no penis: http://shine.yahoo.com/healthy-living/eric-ducharme--the-real-life-mermaid-200251696.html
mircea_popescu: [\\\] i see your note and raise you http://www.dailymail.co.uk/news/article-2303287/Indian-engineers-invent-anti-rape-underwear-gives-attackers-electric-shocks-automatically-texts-police-help.html
Riekal: I ran the test at bitminter.com/test
taub: i hate being right
dub: I've got a bid at 88.8 because china
jborkl: I don't know
dub: I think its fixed now
mircea_popescu: i don't think halting is a good idea in btc.
dub: Bugpowder: what I don't like about today is api was still workign while web is down
mircea_popescu: ya well, diff thing i agree.
dub: have you been to bitcoinland? I don't even want to think about the level of stupid you would need to get that low
taub: I wonder if mtgox is halting on purpose to prevent price crashes
jcpham: i think i can, i think i can
jurov: i think never seen this before on mtgox
Bugpowder: I got bids starting at $91.8 anyone else?
jborkl: tell you the truth- I noticed after most people rolled out .81
ThickAsThieves: i have a tx with 0 confirms from like 6 hrs ago
deadweasel: jborkl: i'm up to 6
jborkl: I have seen many people reporting 12-15 hours on transactions with fees
mircea_popescu: jborkl i am thinking : if they aren't well distributed (ie, concentrated in major dc hubs)
mircea_popescu: i see 5.3k
Bugpowder: I'm Raising My Bitcoin Price Target To $400 Henry Blodget Read more: http://www.businessinsider.com/im-raising-my-bitcoin-price-target-to-400-2013-4#ixzz2PRBAUZVk
Bugpowder: mircea_popescu: do you want to be in a documentary re: bitcoin? Was talking to a super early adopter that has been making a doc for the past 2 years. I think he has more liquid coin than you...
jcpham: i'll get the hang of this internet thing one day
pgp: I think so
Namworld: I have a feeling we're not done yet with this bubble-thing
Bugpowder: 8.1M is the weakest I've seen since the last flashcrash
dub: I have some for sale btw
mircea_popescu: i'd say it depends on what they do with bets.
mircea_popescu: dub i was looking at the luke ones
mircea_popescu: so im looking at the bfl asic and all i can think of is
jcpham: last paragraph: Conclusion. With all that said, I think there’s a good chance that Bitcoins will continue to appreciate. I still have the majority of the Bitcoins I bought in early 2012 and I plan to hold onto them for a while to see what happens.
deadweasel: an equestrian, i see.
pgp: i've met with him several times...
mircea_popescu: i don't think you do.
jcpham: dub i think everything is the answer
dub: I realise this
mircea_popescu: <pgp> it's the color of money << i like this one.