log☇︎
312700+ entries in 2.378s
pgp: unless, of course, you prefer a single threaded, single server solution for your exchange...
mircea_popescu: Apr 11 12:27:16 <mircea_popescu> this promises to be a bumpy weekend.
mircea_popescu: yes yes, it can happen that a trade's screwy.
ThickAsThieves: well if I play the role of Occam in a Tinfoil Hat,
Bugpowder: Was the bot going offline a response to the purchase coming across the ticker here? Or was it just a coincidence?
ThickAsThieves: i still dont see how that matters if you got a receipt
ThickAsThieves: thats a pretty fancy bot...
Bugpowder: So be aware, a receipt is not always reliable.
Bugpowder: have reciepts for the options on my inventory for the last hour and a half
ThickAsThieves: Did you get a receipt?
Bugpowder: <mircea_popescu> your buy and the bot's cancelling hit in the same second. the bot was a few miliseconds earlier. the trade engine correctly identified the trade as going to book. the server you were talking to however did not. [14:09] <mircea_popescu> it's ungodly that it has needed almost two hours to come to sense, there's been a host of syncing issues under today;s load.
ThickAsThieves: i cashed out at a healthy profit
lippoper: first thing I'll do when it resumes is sell at $100 and put in a buy order for $25.00
lippoper: only time before the asks outweight the bids and the price drops like a stone.
Scrat: like I don't know. a coffin?
Scrat: Bowjob_: hopefully it is moving to a darker place
ThickAsThieves: 1. there is a new market price
gribble: I'm not a bot
Scrat: ;;echo I'm not a bot
bit_nutz: apologies for the rudimentary question: Is gribble a bot or something?
Bugpowder: never waste a good crisis
mircea_popescu: lippoper that sounds like a recipe for disaster.
mircea_popescu: a few minutesd ?
ThickAsThieves: you have to click cancel on ONE order and just leave the window alone for a few mins
gribble: MtGox lag is 9.530755 seconds. During this time, light travels 0.0190995263083 AU. You could have sent a bitcoin one full loop along the orbit of the Moon around Earth (0.016 AU).
mircea_popescu: in a professional capacity i mean.
jborkl_: I just sent a small amount of btc to gox, see what happens
bit_nutz_: bitesak: i just saw a 53 print
splnkr: but again you have to "add a withdraw method" with the bank in advance
splnkr: now to withdraw, first you have to "add a withdraw method" and then wait a while (like overnight) for it to become an option
ThickAsThieves: hehe Lucif got a chart pic of the moments after 265 https://bitcointalk.org/index.php?topic=131065.msg1807696#msg1807696
guruvan: kakobrekla: gone from IRC - not from bitcoin.....my house has crappy satellite internet, so IRC has been out of the question for a few months
kakobrekla: guruvan you been gone for a long time eh
Namworld: No, it's a joke...
mircea_popescu: Namworld no, we're in a cool-off period right now
guruvan: but we damn sure won't let clients sell into a bottom feeding frenzy
guruvan: I let a client buy into the rally.......I really shoulda hedged her purchase....live & learn
Doffx: Guess we have all been through it a few times
Namworld: Seriously... why do people who never touched/looked at BTC suddenly flock into it AFTER it raised a few hundred percents in value over a few weeks?
Doffx: This happens a lot in BTC
Lyspooner: is there a channel where mention of exchange rates to other currencies gets one banned
bVector: haha got a reporter talking to me about icbit
mircea_popescu: afaik everyone running pts already has accounts on mpex anyway so wouldn't be a big deal.
mircea_popescu: Uglux passthrough no. if they sign a contract they can be listed like anyone else.
Rlx: I have a question about bitbet
Uglux: mircea_popescu, will you tolerate a AM PT?
jborkl_: We have a announcment- we are pricing avalon in $ now
pgp: you know, I've alway been suspicious of withdrawl limits - any chance that gox might be having a liquidity crisis or sorts?
ThickAsThieves: gox just has to last long enough to get my cash out 1k at a time
jborkl_: I wonder if it will stil be 100 bitcoins for a avalon, lol
pgp: we have a few months of fast money noobs to reset...
pgp: you know - I wouldn't be surprised to see it go down to 25-30 and maybe stay there for a little while. Bubble have a funny way of popping...
jborkl_: I have some cash on Gox, I am going to put a big at 15 when it opens
lippoper: What the hell is this? http://www.reddit.com/r/Bitcoin/comments/1c2u1x/operation_foolscoin/ OPERATION APRIL FOOLSCOIN Targets: MtGox, BTCE, Bitcoin24, Bitstamp Mission statement: The recent sell-off was only partially successful for several reasons: Fresh blood looking to buy Overly bullish market Only one exchange targeted April 1st occurs at the end of a bank holiday, fiat will be running low on the exchanges and it is the perfect time
ThickAsThieves: i had to use tor a few times to access the site
ThickAsThieves: that got sorted a couple weeks ago
ThickAsThieves: they had some sensitive anti-ddos settings that were locking out their own customers for a while
mircea_popescu: "@BryanMicon 9m If anyone wants to sell bitcoins I have a bunch of ppl calling me that want to buy"
bVector: then sell for a bid
pigeons: i bought some more a few weeks ago and sold them all as well
pigeons: i bought shares in mpoe and was able to sell for a lot more than i bought them for at ipo
bVector: mircea_popescu: this asshat at icbit is a market manipulator just like you said
Lyspooner: there were several people who called it a bubble at 70, say. Are those people wrong? Why should we only remember the people who got it right, like tiberiusiv?
ThickAsThieves: i think a lot of us just didnt realize it would happen on that exact day
mircea_popescu: he believes he's a victim of own success.
mircea_popescu: not a victim or not of success ?
Lyspooner: i'm having a very difficult time buying more coins at 250
mircea_popescu: this a fact ?
splnkr: i like this on the Mt Gox FB page 7 hours ago "Maintenance Over however we are now under a DDoS attack."
Doffx: gl finding a good price haha
bgupta: ok the govt doesn't have to kill it kill it.. just needs to prevent it from becoming a threat
pandnh4: ok, can you recommend a reasonable price?
pandnh4: hi, does anyone have a good reading on current btc price as mtgox is not trading?
Doffx: I was more trying to point out alternatives to just forking the chain with a 51% attack.
joecool: ie. use a VPN
TomServo: ThickAsThieves: there are a number of ways to avoid that
joecool: ThickAsThieves: you should send them a warning back about tampering with http connections
ThickAsThieves: comcast sent me a warning when i started mining,
benkay: feeling stupid about making a bad choice won't kill btc.
bgupta: Doffx: Make people feel stupid for making a bad choice, that burn is enough to kill BTC.
bgupta: listen it will be a lot easier to get 100mn budget than to pass a law outtlawing bitcoin.. The problem with outlawing bitcoin, is that it gives bitcoin some credability and noteriety, and wouldn't kill it..
Doffx: Make people feel stupid for making a bad choice, that burn is enough to kill BTC.
ThickAsThieves: need a license for botlike behavior
Doffx: I think there is a long battle ahead, I dont know who the victor will be but the fight is just beggining.
ThickAsThieves: its a losing battle before it starts
Doffx: I would think they could do very quickly, I think they would rather just use it as a tool to outlaw crytpo coins period though
ThickAsThieves: a few problems
bgupta: So how much fiat would it take for a professional organization (think corp/gov) to develop an inexpensive mining ASIC, mass produce it, and run enough to get 51%? (Guessing the biggest issue would be time.) And what real defense does our network have against such an attack?
mjr_: not even a hack this time...
ThickAsThieves: at least we know there's a good chance he'll die painfully from a hear attack
mjr_: that was announced a while ago, right?
splnkr: in other news, MtGox USD Coupon codes are no longer a thing
error4733: MtGox is like a box of chocolates, you never know what you're gonna get
Scrat: there was a gox trade just now
mircea_popescu: splnkr yea, for some values of a lot that are nothing at all.
bgupta: Might even be able to get a 1U server with 128GB
splnkr: a lot has changed since "July 2011"
bgupta: the said they were upgrading to a 128GB RAM machine.. that's a 2U server
TomServo: bgupta: dude, it's probably like a whole 4U server too
bgupta: down to "cool the market" funny they didn't do that on the way up. :) Also they claim they will be upgrading to a larger server. (A larger server!! Wow!! Perhaps we can get them a mainframe, because distributed computing hasn't been invented yet.)