log☇︎
312200+ entries in 2.282s
gribble: A market order to sell 20000 bitcoins right now would net 1845892.5144 USD and would take the last price down to 85.0000 USD, resulting in an average price of 92.2946 USD/BTC. | Data vintage: 11.4068 seconds
gribble: A market order to sell 10000 bitcoins right now would net 959726.8984 USD and would take the last price down to 91.8351 USD, resulting in an average price of 95.9727 USD/BTC. | Data vintage: 0.0006 seconds
pgp: i would have said slovenia a couple weeks ago, but...
pgp: malta is not a bad choice, either, govt very interested in attacting new business
mircea_popescu: you tell me out of 10k banks there's not a single one you can partner with ? that seems improbable.
mircea_popescu: anywhere you have a banking license as first choice.
mircea_popescu: but then again, i participate in 20+ discussions a day, all end with "yes, this is yet another niche, just need the people with a clue to do it"
mircea_popescu: it really is a perfectly valid and probably profityable niche.
kakobrekla: fiat is a pain
pgp: seems to me like you've created something that will evade regulation for a long time because it's strickly BTC
mircea_popescu: cash settled is meaningless bullshit practically indistinguishable from a scam.
ThickAsThieves: and a green light from the exchange
mircea_popescu: it's a fiction, and financial fiction never happy ends
mircea_popescu: there's a reason llc companies irl list their capital.
mircea_popescu: more generally the limited capital and orderly folding is a very important concept that i've been discussing with other people looking to make financial instruments in thsi chan
pgp: I've implemented real-time RBH - its a hassle - and its arcane, but intellectually satisfying from a risk management standpoint
mircea_popescu: yes, i was about to say : a simple way to test rbh specifically is to just open a brokerage offering rbh-based leverage to customers.
mircea_popescu: the thing is, most of this is yet immature. take the idiff futures as a great example. it will be a great instrument down the road buyt for now the underlying is just too nonsensical.
mircea_popescu: truth of the matter is there;'s plenty of room to get mpex stuff packaged as a sellable vehicvle. both equities and derivatives (diff, fiat, etc)
pgp: been thinking a lot about that lately
mircea_popescu: an upgrade to a more ellaborate model (such as but not necessarily limited to or equal with rbh) has been in the plan since 2011.
mircea_popescu: just all the wash trading going on strictly for mtgox's desire to keep on lieing about its market share should be enough of a problem
mircea_popescu: can't make changes midmonth, especially as they'd be towards a reduction of premiums
mircea_popescu: i am considering an algo adjustement. we're doing a bunch of modelling and measuring.
KRS1: ill tell you a joke in return :D
KRS1: might not be much to you, but its a big deal to me
KRS1: a little man with an ego
c1n0: "satoshi's miracle" 3 more before we have to decalre him a saint
Namworld: Albeit the drop was much steeper, resulting in a large gap in prices, which might have helped the rebound
mircea_popescu: that's dangerous as it may contain a lot of bias
mircea_popescu: a
Namworld: Indeed, it's not a perfect replica.
mircea_popescu: i mean june had a pronounced bear trap on the way up
Namworld: It mirrors the 2011 almost perfectly, albeit on a different price scale
mircea_popescu: on the other hand people like bitfloor indeed don't opr at least didn't protect the walletr worth a shiot.
Namworld: They know others were hacked but somehow don't protect their wallet still, despite having more than a fair warning that's not something to do.
Namworld: How many other platforms again and again, despite it occuring regularly, popped up with all funds on a hot wallet only to get it all stolen?
Namworld: Well they could. I see it more as a longstanding history of not getting hacked out of all users funds. There was hacks but they at least protect their BTC wallet.
Namworld: Needs a better trading platform but trading elsewhere than MtGox can be risky.
gribble: smickles was last seen in #bitcoin-assets 1 week, 2 days, 7 hours, 31 minutes, and 42 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: MtGox lag is 21.636523 seconds. During this time, light travels 0.0433593498374 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
mjr___: it is also funny because look how long it takes to get a wallet (10 minutes maybe) vs opening an account with gox (10 days)
mjr___: while buyers of bitcoin find it a lot harder because of the problem that bitcoin fixes
pgp: lot a coin - new low
pgp: apt description - it take about a day to get your trade off at gox...
Namworld: just a bit to resell on upswings
gribble: MtGox lag is 418.186162 seconds. During this time, light travels 0.838040386402 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
mjr___: in a year, we won't have to worry about this
Scrat: there's like a trade every minute
gribble: MtGox lag is 3.892995 seconds. During this time, light travels 0.00780151839186 AU. You could have sent a bitcoin from Saturn to its largest moon, Titan (0.00802 AU).
mjr___: i am what you would call a liberal...
punkman1: there will be a few of them
mjr___: as a layer of financial stability
mjr___: make it a briefcase...
pgp: well - if they are physically not too far - you might be able to give them a bag of euros...
mjr___: hmmm, cash in hand still carries a premium, i think that shows something
b0n1: i talked to a guy yesterday, who told me that his daddy doesnt support this anymore...
b0n1: sepa takes nearly a day mostly i think
mjr___: was that a bid or ask?
pgp: that's a lot of coin
pgp: localtill through bac of america - if you can find a branch that's open...
b0n1: is there a market where you can deposit money really fast?
mjr___: it was only cuz a friend wanted to get in
mjr___: i mean, i didn't want to sell a lot
pgp: orkaa - you online? take a bow!
pgp: he also has a price chart overlaying 4 biggest exchanges - also nice...
taub: wonder if they bought a lot themselves at 250
gribble: MtGox lag is 2739.858146 seconds. During this time, light travels 5.4906450476 AU. You could have sent a bitcoin from the Sun to Jupiter (5.2 AU).
Skarr: Over the last few days, I've waited to see 3 or 4 continuous bars with real volume (on a M1 chart) before getting any confidence the lag was about to abate.
mjr___: pgp: volume is not really very a good indicator
gribble: MtGox lag is 2632.795993 seconds. During this time, light travels 5.27609369172 AU. You could have sent a bitcoin from the Sun to Jupiter (5.2 AU).
Diablo-D3: mjr___: its why Im a fan of sea of rolled cores over unrolled cores
mjr___: the main problem is the UART is a bottleneck, you have to serialize it
mjr___: his theory was to take 200 clock cycles or whatever to load in the first attempt at a hash, after that point, you are doing one hash per clock cycle
gribble: Error: "lag" is not a valid command.
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation: http://gribble.sourceforge.net/
gribble: To see a nice sortable web view of all factoids, click here: http://gribble.dreamhosters.com/viewfactoids.php?db=%23bitcoin-assets || To see a list of the most popular factoids, run !rank || To search factoids, run !factoids search <yoursearchterm>
gribble: Error: "difficulty" is not a valid command.
gribble: MtGox lag is 1619.727358 seconds. During this time, light travels 3.24591549006 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
Bugpowder: We will probably bounce around 100 for a while
gribble: MtGox lag is 1686.244973 seconds. During this time, light travels 3.37921604575 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
ThickAsThieves: put a 1 satoshi order fee for bots or something
Bugpowder: this could be a nice ripple trade coming up
ThickAsThieves: i have to go to a wedding soon
taub: i mean a dip
taub: and then cam a crash
gribble: MtGox lag is 1697.823738 seconds. During this time, light travels 3.40241976117 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
Scrat: someone lured the gox team out of their office with a slice of pizza
gribble: MtGox lag is 1608.853804 seconds. During this time, light travels 3.22412500959 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
gribble: smickles was last seen in #bitcoin-assets 1 week, 2 days, 3 hours, 3 minutes, and 28 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: MtGox lag is 1668.459377 seconds. During this time, light travels 3.34357391051 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
Bugpowder: but in my experience it will check for a cancel before it actually gets executed
ThickAsThieves: someone left a big wall up at 110 on bitfloor if anyone wants to try and grab it
gribble: MtGox lag is 1489.227845 seconds. During this time, light travels 2.98439592715 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
altoz: anyone know how to cancel a limit order on gox right now?
gribble: MtGox lag is 1451.840455 seconds. During this time, light travels 2.9094720162 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
ThickAsThieves: twas a lot of work
taub: ThickAsThieves> i bought in to sdice at .0075 today i have a officially arbed myself down to market price <- what you mean
error4733: massive take of benefit after a 150% rise in a week
ThickAsThieves: i bought in to sdice at .0075 today i have a officially arbed myself down to market price