312800+ entries in 1.94s
gribble: MtGox lag is 6.568517 seconds. During this time, light travels 0.0131632345232 AU. You could have sent
a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
mircea_popescu: do you know who else was
a victim of his own success ?
mjr_: lol, its becoming
a meme "victim of their own success"
splnkr: i don't see
a lot of arb if not…and if so it's illusory
mircea_popescu: you gave us 1mn
a month+ for the past coupla months, we fucked it all up.
mjr_: that would be
a nice start
taub: and be
a bit humbler... how about
a "we are very sorry"
mjr_: i cannot believe that fucking they said "we are
a victim of our own success, look at our impressive numbers"
taub: i want
a 0% exchange that isn't exploitable >:D
joecool: taub: things were
a lot different in 2011
taub: i think this will be
a long hurtful downtrend
jcpham: seems like
a good excuse now
jcpham: i've been saying for
a long time -otc shouldn't exactly base their trades off the ticker
ThickAsThieves:
a drop from 265 to 105 is no sweat, but you go from 150 to 120 and its time to halt trading
pgp2: irc from
a cell phone... not so great...
gribble: MtGox lag is 10.913419 seconds. During this time, light travels 0.0218703694833 AU. You could have sent
a bitcoin ten times between Earth and Moon (0.0257 AU).
ChaangNoi: funny how btc-e
a russian mob site is the large btc usd exchange in operation in the whole world... right now...
ChaangNoi: at least
a got
a good box of cigars out of this bubble:)
lippoper: "Some may wonder whether Caldwell's coins will one day be among the few physical reminders of an expensive fad that evaporated into the ether -- perhaps the result of
a breakdown in its electronic architecture, or maybe after
a crackdown by government regulators."
lippoper: "On Tuesday, the price of
a single bitcoin had topped $200. On Wednesday, it hit $266 before
a flash crash dragged it back down to just over $100. By Thursday, bitcoins were trading for around $150."
lippoper: "Just days ago the total value of bitcoins in circulation hit $2 billion, up from
a tiny fraction of that last year. But late Wednesday, Bitcoin crashed, shedding more than 60 percent of its value in the space of
a few hours before recouping some of its losses. Critics say the roller coaster currency movements are just another sign that Bitcoin is
a bubble waiting to burst."
pigeons: evoorhees: i was reading about
a backlog of satoshi dice payouts, what's that all about?
gribble: MtGox lag is 8.984516 seconds. During this time, light travels 0.0180048694683 AU. You could have sent
a bitcoin one full loop along the orbit of the Moon around Earth (0.016 AU).
gesell: but i have to take
a break
bgupta: mircea_popescu: So you've called folks out for having price too high and not selling. Is there
a plan for the inverse? "Guys bitcoin should not be selling below $2, please stop selling." ;)
gesell: think about this for one second: even if there were enough people wanting to buy at this low price, they wont even be able to because of the time it takes to wire money in to another exchange. However, those wanting to sell can get their BTC more easily to another exchange. So for the next 24h, it will be
a sellers market on
punkman: there was $70 on bitstamp for
a moment yesterday
pigeons: there hasn't been
a buying opportunity like this in several days!!
ThickAsThieves: i think the problem is they simply made too much money to give
a shit about anything
gribble: (title <url>) -- Returns the HTML <title>...</title> of
a URL.
lippoper: that's because btc-e implemented
a verification process in order to stop the Goxers from panic selling all of their BTC on there.
gribble: MtGox lag is 5.763025 seconds. During this time, light travels 0.011549037574 AU. You could have sent
a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
gesell: ;;eightball WILL satoshi will arrive in
a cloud of glory and be welcome by all with eculiptus leaves IF mtgox lag is <120.000 ELSE he will come with vengeance and scorn and smite all those that placed their faith in the magic of the tux?
error4733: ;;eightball satoshi will arrive in
a cloud of glory and be welcome by all with eculiptus leaves IF mtgox lag is <120.000 ELSE he will come with vengeance and scorn and smite all those that placed their faith in the magic of the tux
gesell: "eightball: satoshi will arrive in
a cloud of glory and be welcome by all with eculiptus leaves IF mtgox lag is <120.000 ELSE he will come with vengeance and scorn and smite all those that placed their faith in the magic of the tux"
gribble: Error: "eighbtall" is not
a valid command.
gesell: put it on redit (as
a lie)
taub: However, despite these improvements once again our own suscess caused
a massive sell off as tons of new users added to MTGox decided to crash the market by not buying any bitcoin"
gesell: "Due to this continued success we will be suspending the exchange for
a few hours so that everyone has time to open
a bottle of chapagne"
gesell: MagicalTux: "So, today I would like to inform everyone that DDoS that began earlier in the day was quickly mitigated by our new hardware upgrades. These included adding another Linux server with 128GB of memory! to our already existing Pentium Pro servers. However, despite these improvements once again our own suscess caused
a massive sell off as tons of new users added to MTGox decided to crash the market by not buying any bitcoin"
gribble: MtGox lag is 1.222528 seconds. During this time, light travels 0.00244993242389 AU. You could have sent
a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
gribble: MtGox lag is 1.735291 seconds. During this time, light travels 0.00347750373471 AU. You could have sent
a bitcoin from Jupiter to its third largest moon, Io (0.002819 AU).
taub: are you expecting
a rapid change?
gribble: MtGox lag is 506.639759 seconds. During this time, light travels 1.01530040441 AU. You could have sent
a bitcoin from the Sun to Earth (1 AU).
gribble: MtGox lag is 486.069431 seconds. During this time, light travels 0.974077697419 AU. You could have sent
a bitcoin from the Sun to Earth (1 AU).
gribble: MtGox lag is 282.241931 seconds. During this time, light travels 0.565609669586 AU. You could have sent
a bitcoin from the Sun to Venus (0.72 AU).
gribble: MtGox lag is 268.171906 seconds. During this time, light travels 0.537413497022 AU. You could have sent
a bitcoin from the Sun to Mercury (0.39 AU).
gribble: Error: "goxlax" is not
a valid command.
error4733: just
a nice april fool for 10 days
gribble: MtGox lag is 142.335422 seconds. During this time, light travels 0.285238592021 AU. You could have sent
a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
gribble: MtGox lag is 49.296595 seconds. During this time, light travels 0.0987898244278 AU. You could have sent
a bitcoin ten times between Saturn and Titan (0.0802 AU).
unbalanced: Well, it's close. Still acts as
a trustee... hrm.
unbalanced: I saw that
a year or so ago and forgot.
gribble: krs-1 was last seen in #bitcoin-assets 17 hours, 3 minutes, and 27 seconds ago: <KRS-1> this would be
a scotch day
mircea_popescu: According to
a Businessweek source, Foursquare netted just $2 million in revenue in 2012
mircea_popescu: <Bugpowder> every firm with HFT doesn't give
a shit about bitcoin <<< ya well, kids and clues seldom meet.
Bugpowder: every firm with HFT doesn't give
a shit about bitcoin
deadweasel: unbalanced: go build
a tabbed version. tabs for payment method, tabs for gambling, dev for hire, etc...
gesell:
a user could say they want to sell for 133713371337.00 USD
unbalanced: e.g. have the bids and the asks up like
a "normal" exchange but when you transact, you're not trading on an exchange, you're dealing direct with the counterparty after vetting their WOT rating, etc.
unbalanced: That is an excellent start... but only
a start. I guess that's the logical one to build on though.
unbalanced: Putting bitcoin stocks/bonds/options aside for
a sec, if I just think of buying and selling bitcoins P2P... How do we put
a web interface on distributed trust?
gribble:
A market order to buy 3000 bitcoins right now would take 508573.6610 USD and would take the last price up to 174.9900 USD, resulting in an average price of 169.5246 USD/BTC. | Data vintage: 108.0862 seconds
gribble:
A market order to sell 3000 bitcoins right now would net 437428.6661 USD and would take the last price down to 140.0000 USD, resulting in an average price of 145.8096 USD/BTC. | Data vintage: 74.3326 seconds
pgp: anyone know of
a historical repository for this data that doesn't require me to grab individual exchange json's from bitcoincharts for tiny intervals that won't return most of the time anyway?
Scrat: it went down
a few times
gesell: sturles: feel free to change it. i just got lazy and actually executing python from the command line was total hell to figure out. (cant really do
a "if-else" on it)
mircea_popescu: not
a single address i generate works. what the fuck is this ?!
mircea_popescu: ok i can't get
a usable address with brainwallet.org. all the addies it outputs are broken
gesell: mtgox might just be ddos'ing themselves so that all that new fiat coming into the exchange via wire for new users that wont want to spend it on btc anymore can be put in
a low interest bank account by gox to make them rich