314800+ entries in 2.123s
pgp: actually, I believe than an arcraft carrier costs quite
a bit more, no?
gribble: MtGox lag is 458.030321 seconds. During this time, light travels 0.917887634921 AU. You could have sent
a bitcoin from the Sun to Earth (1 AU).
mircea_popescu: seeing how we're discussing
a 1bn+ item here, which is more than
a uss carrier with full equipment on board
mircea_popescu: moreover, the systemic risk they pose is that they'll blow it up then crash it with their desperation, creating fake "proof" that it's "
a ponzi"
mircea_popescu: this is not acceptable.
a buncha new kids don't get to run the town.
mircea_popescu: turning bitcoin into
a sort of "bitcoin gem" by default.
mircea_popescu: bgupta there's
a fundamental macroeconomic problem at work, as follows :
Namworld: goxlag makes me feel like shooting
a missile right at their face...
gribble: MtGox lag is 388.162939 seconds. During this time, light travels 0.777874183667 AU. You could have sent
a bitcoin from the Sun to Venus (0.72 AU).
gribble: Error: "gox" is not
a valid command.
mircea_popescu: nah, at least in theory hysteria just needs
a coupla slaps.
mircea_popescu: i would say today is
a great day in that disaster was averted
bgupta: As percentages go this isn't really that unusual for btc.. but with the increase in value
a 10+ point spread seems wide
jborkl: looks like 105 will print here in
a minute
bgupta: no the bid.. ask looks
a lot higher.. at least for the moment
mircea_popescu: Apr 03 14:11:37 <mircea_popescu> so basicvally... any dollar over 100 anyone pays on
a btc is
a dollar lost.
bgupta: I think there was
a bit of
a bumrush after 100 looked like it would hold
saulimus: someone will analyze the statistics of goxlag on create
a strategy based on that...
bgupta: Hey can someone explain what the story is with coinlab and mtgox? If I have an exisiting mtgox does that mean I can't trade, or it's
a pain to transfer fiat in and out?
Bugpowder: I guess I can sell just
a bit more.
pgp: feels like it needs to take
a breather...
bgupta: Bugpowder: Perhaps
a break is in order?
Bugpowder: "To learn that
a man can make foolish plays for no reason whatever was
a valuable lesson. It cost me millions to learn that another dangerous enemy to
a trader is his susceptibility to the urgings of
a magnetic personality when plausibly expressed by
a brilliant mind."
Uglux: yea, i call it
a bf-ai-l/avalonism. promising shit. delivering "somthing" + blabla...
jborkl: that can change of course, but
a really good start
mircea_popescu: you could have sent
a bitcoin straight into the trashbin.
gribble: MtGox lag is 226.450443 seconds. During this time, light travels 0.453804152306 AU. You could have sent
a bitcoin from the Sun to Mercury (0.39 AU).
bitesak: unless they have been preparing this for
a while, I don't think they will be having
a bank account too soon
unbalanced_: When does SDICE officially declare
a div or non-div? Today, tomorrow?
bitesak: obviously the UK is
a much bigger financial center but still are not immune to
a rough ride
jurov: Bitstamp: Yes, we are in process of opening
a UK based bank account.
jurov: According to media headlines, Slovenia can soon be next to request
a financial help from EU. Do you have any plan B to protect your customers funds in case the Cyprus will happen over again?
bgupta: with the lag trading seems
a crapshoot.
bgupta: tech is
a zerosum game no? ;) Apple vs everyone else.
jurov: bugpowda i sold some at 117-120 and don't give
a fuck about
mircea_popescu: let it simmer
a little, it won't get too low, we come to sanity. k ?
Bugpowder: all i wanted was
a bit car, but then I got greedy. why why why???
[\\\]: I'm sure people on bitfinex are making
a killing
mircea_popescu: The surrender comes after the Commodities Futures Trading Commission unleashed
a lawsuit against Taylor in November that alleged he intentionally concealed an $8.3 billion position in the S&P 500 e-mini futures. The CFTC had been seeking civil penalties of $130,000.
Namworld: We're gonna be at 500 USD/BTC within
a week.
[\\\]: yeah, not
a bubble
[\\\]: 40% swing in
a day
[\\\]: its down
a whole .0054~
gribble: MtGox lag is 736.77759 seconds. During this time, light travels 1.47649404099 AU. You could have sent
a bitcoin from the Sun to Mars (1.52 AU).
topace_: gox was frozen for
a few hours, its still catching up
gribble: MtGox lag is 786.528797 seconds. During this time, light travels 1.57619490277 AU. You could have sent
a bitcoin from the Sun to Mars (1.52 AU).
unbalanced_: This data lull felt like that moment in
a movie car crash where everything goes slo-mo. Waaaaiiiittttt, whhhhhuttttt?
gribble:
A market order to sell 4000 bitcoins right now would net 510010.3348 USD and would take the last price down to 122.1000 USD, resulting in an average price of 127.5026 USD/BTC. | Data vintage: 8.5979 seconds
gribble:
A market order to sell 1000 bitcoins right now would net 132449.7782 USD and would take the last price down to 130.0000 USD, resulting in an average price of 132.4498 USD/BTC. | Data vintage: 0.0003 seconds
gribble: MtGox lag is 1150.999865 seconds. During this time, light travels 2.30659084222 AU. You could have sent
a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
gribble: Error: "p" is not
a valid command.
gribble: MtGox lag is 1132.059669 seconds. During this time, light travels 2.2686349015 AU. You could have sent
a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
jcpham: i just turned it into
a science
gribble: MtGox lag is 912.746648 seconds. During this time, light travels 1.82913406297 AU. You could have sent
a bitcoin from the Sun to Mars (1.52 AU).
gribble: MtGox lag is 1102.961906 seconds. During this time, light travels 2.21032331025 AU. You could have sent
a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
bgupta: The interesting thing I find is all these exchanges including mtgox, mpex, btct.co, bf, etc all trade 24x7, without so much as
a daily hour of maintenance window. This I believe is unheard of in the finance world. (Certain things do trade like 23 hours
a day but on rotating exchanges)
gribble: MtGox lag is 4538.34842 seconds. During this time, light travels 9.0947994198 AU. You could have sent
a bitcoin from the Sun to Saturn (9.54 AU).
gribble: MtGox lag is 5455.751923 seconds. During this time, light travels 10.933265768 AU. You could have sent
a bitcoin from the Sun to Saturn (9.54 AU).
gribble: MtGox lag is 6145.968388 seconds. During this time, light travels 12.3164518359 AU. You could have sent
a bitcoin from the Sun to Saturn (9.54 AU).
Bugpowder: now would be
a great time to troll tux in #mtgox.
gribble: MtGox lag is 6048.679827 seconds. During this time, light travels 12.1214866489 AU. You could have sent
a bitcoin from the Sun to Saturn (9.54 AU).
Bugpowder: Someone tried to sell
a Black Lotus, Alpha edition card. Demand crashed Mt. Gox
Bugpowder: [10:39] <@MagicalTux> actually system went down only for
a short time, right now it's kept down by all the people trying to access anyway
thestringpuller: i guess this is like tripping
a special kid at the olympics eh mircea_popescu ?
thestringpuller: MagicalTux says the DDos only brought it down for
a second, but it's down now because people keep trying to ping it.
jurov: "please wait
a bit" lol
kakobrekla: was there
a massive selloff or wtf happend anyway?
ThickAsThieves: maybe think of it this way, btc has been going up for
a while, it needs to seek some sort of value where it reaches
a plateau of ups and downs
gribble:
A market order to sell 100000 bitcoins right now would net 8014161.6596 USD and would take the last price down to 35.6000 USD, resulting in an average price of 80.1416 USD/BTC. | Data vintage: 12.6226 seconds
gribble:
A market order to sell 10000 bitcoins right now would net 1286684.1179 USD and would take the last price down to 116.2000 USD, resulting in an average price of 128.6684 USD/BTC. | Data vintage: 0.0009 seconds
gribble: (market sell [--usd] <value>) -- Calculate the effect on the market depth of
a market sell order of <value> bitcoins. If '--usd' option is given, <value> denotes the size of the order in USD.
jcpham: [\\\] lend me your hashes for
a day
mircea_popescu: Scrat im just freely distributing that nonsense, i got
a whole semi's worth
Scrat: mircea_popescu: I fucking wish I could become
a competitor. sadly the amount of red tape and paperwork to pull it off is otherwordly
pgp: it just sucks for the bitcoin community as
a whole when this shit happens
Scrat: because making
a trading engine that doesn't die with the slightest hint of traffic is ROCKET SURGERY
[\\\]: thats
a pretty juicy target
pgp: that's
a lot of puts...
mjr_: greed, for lack of
a better word, is good...
mircea_popescu: kakobrekla that's not even it. they have
a little scam entreprise going, giga propping bfl, bfl giving money to luke, iot's an entire nest of fuckwittery.