log☇︎
315000+ entries in 2.174s
bgupta: at least a min ago they were there
gribble: MtGox lag is 311.754968 seconds. During this time, light travels 0.624753465289 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
mjr_: there is a global forex market where trillions of dollars are traded every day
gribble: MtGox lag is 521.994696 seconds. During this time, light travels 1.04607152624 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
gribble: MtGox lag is 563.040692 seconds. During this time, light travels 1.12832724265 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
gribble: MtGox lag is 468.536678 seconds. During this time, light travels 0.938942256714 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
gribble: Error: "lag" is not a valid command.
gribble: Error: "la" is not a valid command.
taub: fuck, my funds arrived, but just a tad too late
mircea_popescu: sometimes that comes a little (like, seconds) before the bot gets to put the new set in
taub: mtgox in a perpetual state of lag haha
Diablo-D3: whats a url for a profitability calculator
mircea_popescu: <Schadenfreude> What's more interesting is where it will go to after crashing, 10ish seems too low << i can tell you that the major players will inflict at least a 1/3 punishment to the lemmings putting price this high.
Schadenfreude: Which will make some sweet dividends once I put it into BTC-securities in a more rational market
Schadenfreude: Could've been more, but I'm not a gambling man
mircea_popescu: a yes
mircea_popescu: i know it's a bitter pill, but seriously... we'll end up fucked.
bgupta: need a market maker, to facilitate trade, and there aren't enough humans writing options
bgupta: I find it odd that the counterparty is a bot.
jurov: bgupta, it's the MPOE bot, sometimes it leaves for a while
bgupta: ah there we go, a refresh later and everything has bids and asks
bgupta: a lot of these don't have a bid or an ask.
gribble: Error: "24hp" is not a valid command.
bitesak: bgupta, and a nice overview of all options available: https://docs.google.com/spreadsheet/ccc?key=0AvwwyRGyc1WgdGxfRk5SS0hxT1lsVmdLdU1QY0RveGc#gid=6
jurov: bgupta, i put a cheatsheet here: https://www.bitcoinforum.com/coinbr-com/call-option-calculation/msg2445/#msg2445
gribble: MtGox lag is 219.524796 seconds. During this time, light travels 0.439925233262 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
mircea_popescu: the sheeple following trends are doing a "we follow baaa baaaa" number on bitcoin
taub: even fiat flucutates against each otehr a ton
mircea_popescu: taub not even. affraid we'll end up with a rehash of the runup to 30
taub: afraid you'll have to eat a big loss again?
gribble: MtGox lag is 0.537715 seconds. During this time, light travels 0.00107757483944 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
mircea_popescu: i dunno, mtgox/cointards are doing a pretty darn good job of it
unbalanced__: It's easy in stocks for dozens of hedge funds to beat a stock price into the ground to accumulate more, if naked short selling is allowed in those markets. Here it's a lot harder to rein in a bull run, no?
unbalanced__: Other than maybe you as a call writer.
mircea_popescu: a whale doesn't have any particular interest in fighting the tape.
unbalanced__: Since I'm long BTC and crazy bullish, and aim to buy calls soon, I was just trying to suss out, how loaded would a whale have to be to turn this bull run around?
mircea_popescu: yeah. if you go over that you're basically leveraging into a short.
Bugpowder: oh its not a wash at all
mircea_popescu: its not a wash by any means
unbalanced__: BTC goes down... the puts go up... but they're denominated in BTC. So it's a wash. Or at least the river meeting the ocean?
Bugpowder: it was a major mistake
mircea_popescu: not sure what you mean by just a hedge.
unbalanced__: Do I buy the puts with BTC? So even if the puts do well, they're just a hedge on my BTC losses?
unbalanced__: So if someone wants to bet on a down draft, they could buy puts.
ThickAsThieves: needs a lotta bitcoins to fill those puts
gribble: A market order to sell 25000 bitcoins right now would net 2577154.7109 USD and would take the last price down to 93.1000 USD, resulting in an average price of 103.0862 USD/BTC. | Data vintage: 13.9036 seconds
gribble: A market order to sell 15000 bitcoins right now would net 1608242.7036 USD and would take the last price down to 100.2146 USD, resulting in an average price of 107.2162 USD/BTC. | Data vintage: 6.0775 seconds
gribble: A market order to sell 10000 bitcoins right now would net 1097486.2139 USD and would take the last price down to 105.0000 USD, resulting in an average price of 109.7486 USD/BTC. | Data vintage: 0.0012 seconds
ThickAsThieves: a few days ago, I said "When I started sharing news about bitcoin, it was worth $20. Today it is worth $93." Then I got responses.
dub: I've seen a couple of disparate fb friends crapping on about bitcoin
dub: there is a fair amount of crazy around
ThickAsThieves: http://bitbet.us/bet/356/a-third-competitor-company-to-bfl-and-avalon/ Isn't Asicminer already making plans?
nanotube: heh well, it's not particularly well defined or particularly smooth... but it was a good enough number to use as the 'closest thing to the sun other than mercury :)
dub: and submitting a sperm sample to Ukto
Ukto: just a limit number
Ukto: which you are somehow a few over
mircea_popescu: well in a vacuum :p
KRS1: when can we expect a turn or plateu here?
ThickAsThieves: i can be a lil spastic after all
ThickAsThieves: it shows zeroes only when i load a book i already loaded before
mircea_popescu: like a year ago tho
jborkl: attorney got wire tranfer from TG , with acct number and routing number - attorney was not a happy camper -
jborkl: caused a bunch of problems for TG, that is when they locked keys to only past customers
jborkl: he also actually answers support email within a very reasonable time
jborkl: II think that would be a huge IPO, they are not a bunch of idiots like all the other exchanges
jborkl: reminds me I need to send him a email, don't delete my key
Bugpowder_: its a pretty low overhead operation I imagine
Bugpowder_: feel sorry for all the competent noobs that can't get a bitcoins direct account
jborkl: Gerald from TC seems like a good guy, wish he would list with you MP
mircea_popescu: a ty
ThickAsThieves: 1. Our Royal Bank account will be closing on April 5, 2013. Cash payments will no longer be accepted at any RBC branch after April 5, 2013. You may still make cash payments to BMO and Scotiabank. 2. As a result of the closure of RBC, email money transfer fees will be raised from $10 to $20 starting April 5, 2013. We advise all customers to use the direct deposit method to withdraw CAD
mircea_popescu: so they losrt a processor ?
mircea_popescu: the weirdo looks quite fuckable, form a female perspective
KRS1: I'd love to know what opportunity would bring such glee to a formal event http://s3-ec.buzzfed.com/static/enhanced/web05/2012/7/16/0/enhanced-buzz-10105-1342413332-10.jpg
Lyspooner: but what recourse do your options contract have if someone trades 500,000,000 BTC at Rock Exchange at a price of 4500 USD/BTC
mircea_popescu: moreover, a small exchange washing would stick out like a motherfuckingsore tumb
mircea_popescu: bitcoin is very complex and very well known to a core
mircea_popescu: Bugpowder_ it stands out a lot tho.
mircea_popescu: Lyspooner they've for the ~year and a half been based on the all-exchanges index
Lyspooner: mircea_popescu... any plans to base your options on a bitcoin index composed of anything other than mtgox
jcpham: he desperately needs a meme
mircea_popescu: what's a pento
mircea_popescu: a lot.
mircea_popescu: a ty
mircea_popescu: i need a larger fly swatter.
Bugpowder_: "I guess that's what they call a liquidity rebate" lol
mircea_popescu: i actually do speak it, but i didn't get past the pagesized bicoin pic with a watermark on it
mircea_popescu: jcpham that's what i call a rack
guruvan: dude - me & my brother had a server in a DC that we sold to a customer.....for almost 10yrs
jcpham: with the A/C blowing directly on them
dub: jcpham: I've seen a few servers under floor tiles, even one behind drywall
mircea_popescu: tho a hard match with carlin
mjr_: gotta run to the bar ;) see ya'll in a little bit
dub: thinking of offering to build a network for him
guruvan: I just can't imagine mining with my workstation - I want a computer not a heater.
mjr_: has anyone ran the numbers on a gpu compute instance in amazon?
mircea_popescu: given all this, it shouldn't surprise they're not capable of reading a text (in this case the finra guidance) and summarize it correctly.
Schadenfreude: Basically the european central bank calls btc a ponzi scheme, both USA and EU want to regulate BTC as they feel threatened by it
mircea_popescu: fact of the matter is vast majority of journalism today is done by people who couldn't find a job elsewhere
Schadenfreude: "USA and EU want to take Bitcoin on a leash"