log☇︎
314200+ entries in 2.334s
gribble: MtGox lag is 112.267925 seconds. During this time, light travels 0.224983664686 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
gribble: Error: "goxlax" is not a valid command.
error4733: but it's like a clear copy of feb, he start to fill it
ThickAsThieves: there's a report?
error4733: please erik, why, why publish a half report ?
TomServo: there is a routing loop in the path to vircurex.com
gribble: Error: "tiker" is not a valid command.
gribble: MtGox lag is 1.152629 seconds. During this time, light travels 0.00230985561052 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
Bugpowder: oh my, another shift of a wall forward
bgupta: no real ceiling for a couple bucks
bgupta: but the buy depth looks like a tidal wave.
bgupta: a couple small walls to get through though..
bgupta: It's gone down a bit was low 60s earlier
gribble: MtGox lag is 0.845698 seconds. During this time, light travels 0.00169476932309 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
bgupta: No I think the lag is realted to a ddos that's happening
MJR_: so is their a measurement of number of orders?
MJR_: well, i can send one order for 10,oo0 coins...that isn't a lot of "Volume"
ThickAsThieves: so a 10-minute ddos?
gribble: MtGox lag is 12.045338 seconds. During this time, light travels 0.0241387224857 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
bgupta: I beli that there is a DDOS going on.
bgupta: I executed a buy
gribble: MtGox lag is 31.669719 seconds. During this time, light travels 0.0634657622842 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one week (0.0689 AU).
gribble: MtGox lag is 6.830921 seconds. During this time, light travels 0.0136890892012 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
gribble: MtGox lag is 103.696989 seconds. During this time, light travels 0.207807604907 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
gribble: MtGox lag is 1.069233 seconds. During this time, light travels 0.00214273096027 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
gribble: Error: "goxlog" is not a valid command.
ThickAsThieves: I'm surprised there isnt a BitBet "MtGox will make Litecoin available for trading with BTC and USD"
thestringpuller: oh to a bigger penthouse in new york
troc: is there a public record of that ?
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
gribble: Error: That operation cannot be done in a channel.
mircea_popescu: there's a websocket for trades and tyou can also get the twitter whatever that is
MJR_: like as a front end i mean
deadweasel: i figure multiple bets each get a chunck of weight, so if you split up, maybe get more weight?
mircea_popescu: yeah, i've enjoyed showing better a large swath of variouses since btc.
cads: Such a system would be so easy to influence it would be ridiculous.
cads: mircea_popescu: worse than that. They want judges to be voted on by a peer network. If the network doesn't like the judge's decision, they can vote another judge. The idea is that people found guilty of crimes will become universally shunned.
mircea_popescu: cads the retards re-re-re-inventing a broken version of pgp
cads: It is a proposed complete identity database that will collect all available data on all humans. Get this. For the purpose of leading to a gift economy.
cads: A sin.
gribble: A market order to sell 200000 bitcoins right now would net 11368941.2316 USD and would take the last price down to 7.6000 USD, resulting in an average price of 56.8447 USD/BTC. | Data vintage: 11.6483 seconds
gribble: A market order to sell 100000 bitcoins right now would net 9458202.1355 USD and would take the last price down to 41.1000 USD, resulting in an average price of 94.5820 USD/BTC. | Data vintage: 0.0044 seconds
gribble: smickles was last seen in #bitcoin-assets 22 hours, 30 minutes, and 47 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
cads: mircea_popescu: *shrug* I do this when I make a connection that turns a deep problem into a resource. You should have seen me years ago each time I realized some little math connection.
mircea_popescu: they weren't entirely a joke. best jokes are half jokes.
MJR_: so the double cherry truck and slightly smoky dragon were a joke, but they actually could hold weight now
optimator: right - pci, was just a placeholder, for an agreed upon standard
mircea_popescu: a, no, if you read the article/comments it's agreed some standards will have to be arrived at/published
optimator: sure, but i want to provide insurance to a site. but I'll only insure if they meet some standard. How do you define the standard? individual for each site?
cads: I'm thinking risk and externalities on the insurance derivative over this kind of service would be _far_ beyond my abilities to manage. However a code review would be quite lucrative and low risk. Also, it might be reasonable to begin offering formal verification services from the gate, or about 1 year after startup. It's not that hard to teach. When you have your own slaves.
MJR_: that would be a good metric to track...
MJR_: yes, that was my point, is that i think there is increasing volume of people accustomed to a 9:30 EST market opening
cads: mircea_popescu: http://trilema.com/2012/probably-the-hottest-business-idea-of-the-moment-in-btc/#comment-90935 "That’s a good point, if the codebase is small formal validation would probably be the way to go."
ChaangNoi: i think a lot of this is fund traders doing it on the side
mircea_popescu: how did the phishers get the emails ? coinbase leak ? a, we don't mention that.
mircea_popescu: so coinbase comes up with a warning, against phishing.
cads: a humble master, huh?
mircea_popescu: i suspect such a sense is moreover dangerous in that context.
cads: mircea_popescu: very dark. That always seems like nothing more than a game to me. I think I'd have to develop the ownership mentality to be a really good master.
anarchyxx: i heard some guy dumped 25% of his btc, and made 600k - you think thats a smart move to get out 25% of your stash right now?
ChaangNoi: it crashed quit a bit
mircea_popescu: two days. this clearly proves btc is not a bubble.
anarchyxx: yeah its very stable compared to 2 days ago, i like it a lot
ChaangNoi: rock seems to be refuling, i bet next week is a nice jump again (assuming no massive crash on the weekend)
ChaangNoi: he did for almost a year:)
ChaangNoi: pirateat40 paid 1% a day:)
mircea_popescu: 1% a day ?! what ?!
pgp: 1% a day sounds about right...
ChaangNoi: ill pay 1% a day says pirateat40
ChaangNoi: ltc correct a bit, anyone know when gox is going to list them?
ChaangNoi: only teach slaves eh mp? what is the going rate for a virgian romanian sex slave? (female)
cads: Really the solution is become a better tutor.
cads: well to give an example I helped a friend for free to learn inequalities. Helped me breakthrough a new way to teach inequalities. Spent a couple hours. On the other hand, I charge so much for tutoring that my students often can't afford two hour stretches.
mircea_popescu: yeah, it's kinda why i make a lot of money consulting.
cads: that's a genius architecture decision
cads: I am also recruiting investors for a 3d printing business I'd like to help my brother set up
cads: but I should certainly be able to push up a _small_ service
cads: this is more of a project to tempt myself to leave school over :D
MJR_: i think you can draw a clear parrallel to "crop harvesting" and "code development"...it actually seems like a perfect analogy in some ways
mircea_popescu: this is why whoredom is such a great thing.
pgp: cads: are you doing this for a dissertation?
cads: Okay, I will first brainstorm about a ~10BTC service
cads: yeah, I also believe offering provability services would be a great extension to that model
cads: mircea_popescu: though I would be thrilled to offer that, frankly I would need 5 years of software dev manager work before I could assemble and run such a team, to completely forget about capital.
MJR_: and it is in some ways a "futures" hedge on code
mircea_popescu: if you can actually build a business on that model for instance, i'd certainly list it.
cads: this is a level of rigor that a few years ago produced L4-Verified, the world's first mathematically correct unix micro-kernel
cads: my eventual goal is attain skills needed to write 1) a mathematical specification of a secure trading 2) a program that is provably correct relative that specification
mircea_popescu: just not a sustainable model.
mircea_popescu: shows you had the sense to a. ask b. think through c. implement something safe.
cads: That would be extremely valuable to me, even as a failure.
cads: I think that would be a suitable initial offering.
cads: of course, whether I give my income to charity will be a private decision then. My inventive to serve the project honestly will come from that.
mircea_popescu: cads you can run it as a strictly limited operation.
cads: If I have to set myself up to financially benefit, and hold the new company as a private organization, I will
mircea_popescu: empowering people to run nuclear power plants in their garage is not a good thing
mircea_popescu: there's no real benefit in making an open source thing the general public may confuse with a financial market to their detriment.
mircea_popescu: doing a general "this is how a successful business is made" documentary thing is one thing.
mircea_popescu: yeah, this entire "make a gift to the community" thing is suspect.
MJR_: those should be positive side effects of a workable sustainable plan