log☇︎
312100+ entries in 2.21s
gribble: MtGox lag is 1.046827 seconds. During this time, light travels 0.00209782958714 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
BitHub: how much of a shoot up we looking at?
jurov: thestringpuller, i remember that comics where a dog sitting before door is drawn "intently staring at the door makes the master manifest"
gribble: smickles was last seen in #bitcoin-assets 1 week, 3 days, 4 hours, and 29 seconds ago: <smickles> a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm
mircea_popescu: bets with nothing on have to be judged as cool enough. bets with a decent something on just have not to suck, different standard.
mircea_popescu: if you send sometyhing you're more likely to get "a, somebody wants this, ok".
mircea_popescu: but seriously, you get a little "send a bet" option as you make a new proposition.
mircea_popescu: send a bet along with your bet.
thestringpuller: I could make a bitbet bet but then it really has no point
thestringpuller: I want to run a bookie service for my town, local bets and shit.
taub: i tried a little long from 100 to 104 and 107, but price wouldnt take off so i exited b/e
taub: all those lines, seem a bit overkill
deadweasel: http://polimedia.us/dtng/c/src/128227433695.jpg , that's her, he's about to brand her lip plate with a CC.
deadweasel: insulating himself probably. i would. plus tits go a long way in the forum.
taub: why do you pretend to be a girl
deadweasel: never can tell. i hope it calms the fuck down for a while.
gribble: smickles was last seen in #bitcoin-assets 1 week, 3 days, 3 hours, 4 minutes, and 0 seconds ago: <smickles> a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm
jurov: and youtube "automatic subtitles" are a joke
exfortuna: hey guys, I'm doing a regression analysis on bitcoin for an econ class, I'm wondering if anyone can point in the right direction for data
error4733: every btc is a lotery ticket
mircea_popescu: from a macro perspective exactly.
mircea_popescu: a, yea. not impugning uyou, just sdayin'
mircea_popescu: fact that some guy is making 300 units for his friends./whatever... hardly count in a market sense.
mircea_popescu: it's a limited volume private run.
error4733: it was a good deal at 0.1btc/15$
mircea_popescu: damientrog it's a gamble on the proposition "Everyone else will be more inept than them".
BitHub: trying to cause a media panic
BitHub: mircea fox news said you jumped from a window when it hit 50
mircea_popescu: 'm waiting foer the day when "the press" goes "everyone who listened to us got fucked for a slice of ~20 mn in the btc market"
error4733: wait, i look for a link ;)
damientrog: I must be mistaken, seems like a good deal then
BitHub: not a pt
error4733: damien : no you bought a part of any hash ASCM put in network
BitHub: and the only company that doesn't seem to be a complete scam
ThickAsThieves: with AM you buy Friedcat, arguably the most motivated btc business manager for a public company
deadweasel: not that sdice is a winner... lol.
deadweasel: stick with the winners, sdice rallied a bit... where is it now?
error4733: i burn a candle every night on my satoshi's temple for this too
BitHub: i stopped buying when it went over 100 beause it was just a scam
deadweasel: BitHub: sounds like a good game.
BitHub: so the aim of this game is buy low and sell high to the next lot of buyers and give yourself a golden parachute all the way down to 50?
error4733: its a shame i'll send a ticket to support now
unbalanced_: I better get back to programming. Got to make a living or I'll have nothing to trade with!
unbalanced_: I did a write up, I'll have to get a blog up and post it.
unbalanced_: With Herbalife I missed it by a day. Formulated a strategy one night, was eating breakfast the next AM and the situation happened pre-market.
unbalanced_: I tend to put on one new trade a month when a situation comes to light. Some have a 1-year time horizon, some are 1-mo.
Bugpowder: I think its a very reasonable strat
unbalanced_: Taleb says it's like a thousand little paper cuts. A bunch of little ouches but you never "blow up" and lose too much.
unbalanced_: Buy a few puts with a long enough time horizon to be right, and then wait.
unbalanced_: Change that chart to CROX weekly and check out 2011: it was priced on earnings expectations that would have meant that every shoe sold in the US would be a Croc for the next N years. Bubble, had to pop.
Bugpowder: and I'm averaging a 7.5% return
unbalanced_: Yes you have to assume you will lose 100% on a trade if you are wrong and restrict your bet size accordingly.
unbalanced_: Pick a company that could have drama in the next 90 days: earnings at risk, ridiculously overvalued or undervalued.
Bugpowder: I did a fair amount of options trading in 0708
unbalanced_: I'm not a big believer in Modern Portfolio Theory after 2008.
unbalanced_: It has the advantage of avoiding the fact that in a bear market / crisis, all asset classes are suddenly highly correlated in a rush to liquidity.
kakobrekla: but that means half a year or so
Bugpowder: usually a good idea to buy at .0006
error4733: short 600btc @35$ is a scam ? :D
error4733: time will say ;) we just need a good news, that it
Bugpowder: now its going to get tougher for a while
thestringpuller: If I were a hedgefund manager and saw all this news I would rush to btc world due to lack of regulation.
thestringpuller: Sets up shop like a mobster.
Bugpowder: the ripple following a sharp move
Bugpowder: I don't really have a great idea of where its going, but the past bubble pattern has me worried
Bugpowder: not a lot of confidence there :)
ThickAsThieves: last night someone was maintaining a 7k btc floor for a long time
Bugpowder: wobble around 100, then a slow fade over the next 2 months
Bugpowder: 30 is a 3 month price target
ThickAsThieves: i'm thinking a rally tonight and tomorrow
gribble: smickles was last seen in #bitcoin-assets 1 week, 3 days, 0 hours, 39 minutes, and 52 seconds ago: <smickles> a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm
gribble: ThickAsThieves was last seen in #bitcoin-assets 1 hour, 27 minutes, and 11 seconds ago: <ThickAsThieves> 5000 gone in a week
b0n1: hm k, but isnt someone here running a bot on bitcoin central?
error4733: my guess is they change a lot last week
ThickAsThieves: 5000 gone in a week
b0n1: is there someone who runs a bot on bitcoin-central?
pgp: it is interesting to note, though, that if they had a scaleable matching engine, lower fees would definately result in more volume...
ThickAsThieves: would be nice to have a triggered order feature
mircea_popescu: thats like 4mn oz of silver a year
mircea_popescu: Rio Tinto’s Kennecott mine in Utah- the US’ 2nd largest silver mine and world’s largest copper mine has just suffered a massive landslide which will likely shut down production at the mine for years as upwards of 1 billion tons of dirt and ore have collapsed into the basin.
mircea_popescu: "adding it all up, the average cunny rides about 10.8 meters per fucking. since a year is 12 months long it comes to a lifetime's worth of riding being about 9.07kms.
ThickAsThieves: "As average vagina has a depth of 18 inches also result there globally about 120 million kilometers from unused pussy (taking round female population as 4 billion)."
taub: why does anyone think mp is a girl?
error4733: hehe i'm green on the map ! i knew it ! never listen a girl
mircea_popescu: here, just for error4733, a gif of my workplace http://polimedia.us/dtng/c/src/13606663711.gif
error4733: ? naked on a quad
error4733: Open a link then close the window with a quick look behind me just to check if a workmate didnt see your nasty link
error4733: it's sunday, i'm not at work ! i can open a MP link...
kakobrekla: but i think this should be taken into account in a way, i think its helpful a bit, navigating in this movements
pgp: interesting, but maybe I'm missing something - do you believe that there is a causal link here?
kakobrekla: so if we are using hash power to normalize this a bit
savetheinternet: i dunno, i only just got into the bitcoin assets game. i bought 490 of ASICMINER shares through bitfunder. but the site looks a bit dodgy/messy, and that WeExchange thing looks pretty bad too. just wondering if there's a preferred alternative to bitfunder everyone uses? is there a mtgox of bitcoin assets?
pgp: btw, took a while to get down to $2... http://i.imgur.com/LWGXliJ.png
kakobrekla: a few more weeks like that and 100 will be bottom
error4733: ;;eightball do i need a second coffee ?
gribble: A market order to sell 100 bitcoins right now would net 9972.0481 USD and would take the last price down to 99.7000 USD, resulting in an average price of 99.7205 USD/BTC. | Data vintage: 0.0003 seconds
gribble: A market order to sell 100000 bitcoins right now would net 7018310.8642 USD and would take the last price down to 50.0100 USD, resulting in an average price of 70.1831 USD/BTC. | Data vintage: 0.0048 seconds
mircea_popescu: logically the only reason they'd say anything about it is if they bought high and it counts as a capital loss.
ThickAsThieves: would be pretty fun to watch a massive dump without lag
pgp: I must say that there is a noticeable *lack* of lag today... all that free market making shit is gone...