log☇︎
313500+ entries in 2.282s
Scrat: popped like a grape
gribble: MtGox lag is 99.982987 seconds. During this time, light travels 0.200364786483 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
jcpham: imsaguy and i were having a chat
ThickAsThieves: it freezing on a price for 60s is sorta meaningless
benkay: do you have a steady-state value you expect?
gribble: MtGox lag is 34.868194 seconds. During this time, light travels 0.0698754703722 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one week (0.0689 AU).
ThickAsThieves: still a fake price
benkay: dammit i shut b-a down again.
benkay: and they could be percieved as a professional outfit that understands security.
benkay: anyways. i would bet on paypal being a major player in the exchange business.
benkay: it's not entirely a bad thing, given the shit state of their technology
benkay: a good buy at any price under 5k lippoper
lippoper: buy a bitcoin from someone with paypal for $250.00
benkay: i've been harping on the guy who runs their android operation to bring me on to build a consumer wallet thing
gribble: MtGox lag is 0.132764 seconds. During this time, light travels 0.0002660575695 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
gribble: MtGox lag is 0 seconds. During this time, light travels 0.0 AU. You could have sent a bitcoin ... nowhere, really (0 AU).
lippoper: now there's a bunch of noobs making hundreds of transactions per minute
mircea_popescu: that is a buncha bets.
gribble: The probability to generate a block at 22000000.0 Mhps within 1 hour, 40 minutes, and 0 seconds, given difficulty of 7672999.92016, is 0.981783500137
gribble: The probability to generate a block at 2200.0 Mhps within 1 second, given difficulty of 7672999.92016, is 6.67571229407e-08
gribble: (genprob <hashrate> <interval> [<difficulty>]) -- Calculate probability to generate a block using <hashrate> Mhps, in <interval> seconds, at current difficulty. If optional <difficulty> argument is provided, probability is for supplied difficulty. To provide the <interval> argument, a nested 'elapsed' command may be helpful.
gribble: Error: "roll" is not a valid command.
gribble: Error: "bet" is not a valid command.
gribble: MtGox lag is 46.885324 seconds. During this time, light travels 0.0939576643418 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU).
lippoper: Might as well be a day trader ;-)
lippoper: you gave a very risky business idea and an illegal one.
benkay: a contract killing outfit
benkay: a company that aggregates signed receipts for bitcoin purchases and publishes trust ratings for merchants
lippoper: a 98% chance of winning 1.004x return seems like a good bet
benkay: just go to a real casino
lippoper: isn't there a chance a lot of people will transfer their BTC's out and find another way to exchange?
lippoper: just considering that there's still a huge queue to withdraw money
benkay: here's a wack idea
benkay: yeah that was a foolish statement
gribble: A market order to sell 2000 bitcoins right now would net 356703.9257 USD and would take the last price down to 175.5200 USD, resulting in an average price of 178.3520 USD/BTC. | Data vintage: 28.5843 seconds
gribble: A market order to sell 1000 bitcoins right now would net 179856.6021 USD and would take the last price down to 178.0000 USD, resulting in an average price of 179.8566 USD/BTC. | Data vintage: 16.5092 seconds
benkay: also you're like a gangster or something terrifying
benkay: mircea_popescu you built a 50m fiat-valued company in less than3 years
benkay: i actually like team dynamics, which makes me a weird nerd.
benkay: i have seen the damage that non technical managers can wreak on a team
ThickAsThieves: manager must be a nerd too
benkay: 2 nerds and a manager
benkay: shit should be a fucking account feature
ThickAsThieves: banks cant even make a decent online banking website]
mircea_popescu: i;m not making a fiat exchange
ThickAsThieves: with a real currency exchange
mircea_popescu: benkay eyah this is a problem.
mircea_popescu: ThickAsThieves yeah, that's a problem.
ThickAsThieves: my brother "Oh, and I sold a Skylander for $60. Bought it for $20, so screw your damn coins!"
ThickAsThieves: if you are right, isnt this the equivalent of a draining hot wallet
MJR_: benkay: there is a lot to talk shit about...mircea calls a spade a spade...better to fix it than to be polite to it
benkay: idiots have a problem with this. confusing real things for the symbols.
MJR_: surprisingly apt for a flippant remark
MJR_: fighting over a conch (is that the foundation, gavin, luke jr etc?)
benkay: mircea_popescu does spend a disturbingly large amount of time talking shit, yes MJR
mircea_popescu: we still got a ways to go to growunupland
MJR_: bitcoin can get a little too "lord of the flies" huh?
benkay: how does one trip and fall into a ponzi scheme?
benkay: why can nobody run a business?
gribble: MtGox lag is 143.77873 seconds. During this time, light travels 0.288130965093 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
lippoper: 1 that is a consumer, actually exchanging USD to BTC to use it.
benkay: us "buyers" need a decent place to store value
lippoper: all within a month
Skarr: I'm guessing we now have our range, 172-194. And we'll see a symmetric wedge develop within that, centered around the 183 price point, while another day of consolidation around this new price point occurs. Then the next leg-up.
ThickAsThieves: only reason it wouldnt dip that low is if sellers hold out and cause a nother dip later
gribble: Error: The width provided extends past the edge of the order book. Please use a smaller width.
benkay: bitcoin-qt is a goddamn resource hog.
gribble: Error: '165-195' is not a valid floating point number.
gribble: A market order to buy 829476.0000 USD worth of bitcoins right now would buy 4482.4317 bitcoins and would take the last price up to 192.0000 USD, resulting in an average price of 185.0504 USD/BTC. | Data vintage: 0.0003 seconds
gribble: Error: '829,476' is not a valid floating point number.
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: A market order to buy 5000 bitcoins right now would take 929727.7045 USD and would take the last price up to 193.9201 USD, resulting in an average price of 185.9455 USD/BTC. | Data vintage: 23.6669 seconds
gribble: A market order to sell 5000 bitcoins right now would net 829476.2546 USD and would take the last price down to 160.3793 USD, resulting in an average price of 165.8953 USD/BTC. | Data vintage: 0.0005 seconds
lippoper: just some dudes looking to make a quick buck
kakobrekla: just a weekend dip xD
gribble: MtGox lag is 147.167236 seconds. During this time, light travels 0.294921493178 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
gribble: MtGox lag is 113.779906 seconds. During this time, light travels 0.228013657681 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
gribble: A market order to buy 5000 bitcoins right now would take 922755.3103 USD and would take the last price up to 193.9201 USD, resulting in an average price of 184.5511 USD/BTC. | Data vintage: 62.1115 seconds
gribble: A market order to sell 5000 bitcoins right now would net 836963.8067 USD and would take the last price down to 161.0000 USD, resulting in an average price of 167.3928 USD/BTC. | Data vintage: 32.2451 seconds
thestringpuller: jurov: doesn't mpoe take in a volatility greek in it's pricing
ThickAsThieves: considering the wallet has received 1.307 total, the man made a big impact
MJR_: i guess what i was thinking was an option on a straddle...
MJR_: that is true...a strong downward pressure could prob make a ton right now
mircea_popescu: yeah, i'd say high volatility increases their risk to either lose a lot or make a lot,.
MJR_: yeah, its a pseudo measure
MJR_: that is a measure of volatility?
MJR_: could be good with a short straddle
troc: so this AML/KYC is a tick box excercise ?
troc: do they actually do a proper authenticity check from some one in say uruguay ?
troc: how long does it take to actually verify a jpg do some data input ?
gribble: MtGox lag is 723.534724 seconds. During this time, light travels 1.4499554858 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU).
gribble: MtGox lag is 626.757022 seconds. During this time, light travels 1.25601405457 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
error4733: now way maybe a big correction to 150 ?
taub: and not getting a fill, with market order the same, getting a fill when you DONT want it hah
lippoper: on btc-e.com last night, someone sold and bought a btc for 1 euro, fat finger typo, brought the price down temporarily
gribble: MtGox lag is 547.256203 seconds. During this time, light travels 1.09669530343 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
gribble: MtGox lag is 530.31955 seconds. During this time, light travels 1.06275444045 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
ThickAsThieves: there was a girl in here!
gribble: smickles was last seen in #bitcoin-assets 3 days, 23 hours, 33 minutes, and 10 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
zomgwtfninjabbq: its a pack of 12