log☇︎
313200+ entries in 2.207s
rikur: bowjob: yeah the housing prices here are a joke. I moved in about a year ago, and won't buy until I'm a bitcoin millionaire or there's a correction.
bowjob: hes a vancouverite too
rikur: but if you're lucky, you could get a month or two headstart.
bowjob: sold them for a few hundred bucks..
bowjob: i have a buddy who mined 500 btc
rikur: I mined my coins, only bought 75 more about a week ago.
Uglux: get a room ^^
rikur: bowjob: I'm looking to buy a penthouse with a couple bitcoins :)
bowjob: id love be a landowner at age 21, hehe
bowjob: im gonna be a millionaire in fiat value
rikur: bowjob: Exante already has a portfolio of 81k BTC, I was shocked to read it
saulimus: he's giving us a tip to buy now.
mircea_popescu: but that's a different kettle.
mircea_popescu: tbh it looks a lot like a gox cold wallet.
rikur: could you review my bet of gox to 1000$ before end of april. I set it to end within 2 weeks to make it a bit more interesting ;)
gribble: A market order to sell 5000 bitcoins right now would net 1109898.4968 USD and would take the last price down to 216.4966 USD, resulting in an average price of 221.9797 USD/BTC. | Data vintage: 105.9529 seconds
gribble: A market order to sell 50000 bitcoins right now would net 8459539.8771 USD and would take the last price down to 100.5100 USD, resulting in an average price of 169.1908 USD/BTC. | Data vintage: 93.5936 seconds
gribble: A market order to buy 11000 bitcoins right now would take 2771320.6718 USD and would take the last price up to 286.0000 USD, resulting in an average price of 251.9382 USD/BTC. | Data vintage: 74.5696 seconds
thestringpuller: ThickAsThieves: people are always cashing out of bitcoin, but there are a lot of businesses that depend on bitcoin circulating no?
Wickamela: there is a waitlist of 11000 on mtgox, no one is cashing out of BTC anytime soon. hold
mircea_popescu: a bitcoin buys you like 200k
gribble: MtGox lag is 94.39232 seconds. During this time, light travels 0.189161152411 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
deadweasel: 85mph on a couple of our highways. i don't stand a chance.
mircea_popescu: if you're a weasel from texas no wonder you're dead.
deadweasel: we can't say it in our heads w/out a U. hell, we can't even say it. you know that.
deadweasel: volume ticked up from 101000 a few hours earlier.
Bugpowder: maybe I will write a little matlab toolbox for MPEX options
mircea_popescu: the otm one breaks even slightly earlier, but the itm one spends a lot longer itm
mircea_popescu: seems a dubious way to go about things.
Bugpowder: Thus, if a few strikes are priced 8% cheaper than others, I should buy those
Bugpowder: and have a 0 point crossever further out
mircea_popescu: a
ThickAsThieves: also a big deal
mircea_popescu: seems not 275 303 would be a big deal
mircea_popescu: seems we're dropping a little.
Bugpowder: wanted to see if I could get a quick flush when it comes in
jborkl_: I bought a bottle once, it was shitty
Lyspooner: 23,800 yen to buy a bitcoin
Lyspooner: and i don't see why a cryptoanarchist can't enjoy champagne
unbalanced_: (I'm a small fish compared to some of the whales around here though.)
unbalanced_: It's taken me a while but I am learning to plan ahead to get BTC where I need 'em before I need 'em.
jurov: try complaining to your bank how much you lost due to them "delaying" a wire
Doffx: Ugg, just read a site aout options that finally made sense to me.
mod6: The ToS says I can't run a miner, which makes sense. Wallet hosting is ok though?
Namworld: Been a money sinkhole...
gribble: A market order to sell 3500 bitcoins right now would net 808104.7174 USD and would take the last price down to 225.9800 USD, resulting in an average price of 230.8871 USD/BTC. | Data vintage: 106.8866 seconds
dub: he should still have a decent stack, used to be one of the bigger miners
mod6: (23:08) <+rg> i got $9k in LTC burning a hole in my pocket
mircea_popescu: then a month before 200+ he's goine
mircea_popescu: so weird, he got out of btc like a month before btc kicking ass
Bugpowder: $40 a pound! http://bitbrew.net/fabulous-french-roast/
OgNasty: it's hard not to be making a killing when the price is going up 20% per day.
Doffx: Oh I have been around a long time, mircea_popescu has always been making a killing.
Doffx: I dont think hes sacrificing anything, I think hes making a killing and getting to look like the big boy at the same time.
mircea_popescu: lol Lyspooner didn't know you were a fan
OgNasty: but i respect that you are more of an architect than a player.
mircea_popescu: how do i not have a stake ?
MJR_: i think people are basically saying that the market is super biased in one direction...it doesn't take a lot of skill to guess up
OgNasty: if you think btc will be $1,000, seems odd to not take a side on that.
mircea_popescu: you all daytraders gotta have a socket to plug your daytrading tool into
Bugpowder: mircea_popescu: couldn't you adjust the algorithm to take your exposure into account, raising the cost of calls if you are short tons of calls... seems like a possible way of increasing your value extraction and biasing the pricing to encourage a reduction of your own exposure, while still market making
OgNasty: a scary position to be in if a bigger shark comes along.
mircea_popescu: if there's not a lot of exposure i don't really care either way
mircea_popescu: if i carry a lot (a lot!) of sold calls on the book and price goes up then i can hurt. if it doesn't then mpex makes bank
mircea_popescu: well as a lender of last resort to the bot
mircea_popescu: well yes. who else do you know who can maintain a 500k BTC notional exposure ?
OgNasty: how'd you get put in a position to lose money on an increase?
mircea_popescu: taub yeah i dare go on a limb and say it's not so common this stuff.
jborkl_: a
jborkl_: a couple years ago..
Doffx: Buy a ski resort in Alaska
Doffx: Buy a beach house in bora bora
jborkl_: shit, mp you could buy a couple good hookers with that
Doffx: The whole pirate, glbse nonsense made me shy away for a while too.
Doffx: If I remember correctly kakobrekla was living off BTC income a very long time ago.
deadweasel: that site has a virus last time i checked.
kakobrekla: so .. not much of a win
pigeons: is it just me or are you a spammer
taub: bitbet needs a better rating system though
taub: failing to make a new high
bgupta: apparently there is a huge and growing backlog in transactions http://blockchain.info/new-transactions
deadweasel: ask a real miner. i'm a minor miner
bgupta: so what's the longest folks have seen a single transaction take without getting a single confirm?
pizzaman1337: yeah, it's been a while...
FabianB: more like if there's a security problem not fixable and price going to 0
FabianB: just a thought experiment
mircea_popescu: before the recent betsofbitcoin scam bitbet was doing 1.5-2k btc a month, betsofbitcoin was doing 20-50
FabianB: mircea_popescu: have been thinking, in the 'unlikely' event bitcoin fails in a not too distant future and a good alternative arises (if), what happens to mpex? would you consider moving over and transfering current stock holders?
mircea_popescu: i'm just a little sick of this super-superficial attitude
unbalanced_: A large Canadian reseller store that bought many of them is now sold out at $250 each: http://www.cdncoin.com/product-p/623932043589.htm
InstantBTC: I don't think tf2 hats have a strong enough influence on... any economy to make anything worth 1 million lol
InstantBTC: taub, there actually has been a lot of adoption
taub: i see a lot of sites accepting donations with bitcoins tho
Namworld: everyone in these channels (which have been around for a long time) call it a bubble. Some have been for a long time
taub: gonna be a long night...
gribble: MtGox lag is 248.891458 seconds. During this time, light travels 0.498775695104 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
gribble: MtGox lag is 262.702221 seconds. During this time, light travels 0.526452309523 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
zinodaur: it'd be a dream to stabilise at 250 :p
gribble: MtGox lag is 264.997942 seconds. During this time, light travels 0.531052908703 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
mircea_popescu: im like... o wait, that's like... a house ? cool.