log☇︎
316200+ entries in 2.419s
Namworld: I had a fee...
mircea_popescu: Namworld start adding a fee would you.
asciilifeform: if every time you carry out a transaction God transmitted it to every BTC user simultaneously, this scenario would not apply. But this isn't how the network works.
asciilifeform: jurov: the whales move unmolested now, because nobody (AFAIK) is operating a massive "BTC telescope" for the purpose of front-running.
KRS1: otc seems a better deal
asciilifeform: a clever fellow could observe the parcel changing hands before the price on the exchange moves
asciilifeform: ok strike that. but imagine you were to actually spend a large parcel of your coin on something - anything.
asciilifeform: mircea_popescu: it is far more interesting when a clever fellow thinks he is all that, and you show him better.
mircea_popescu: this is like people stumbling and landing on their face in public imagining "everyone saw". nope. nobody gave a shit.
Namworld: those low calls have a breakeven point of like 2000 USD/BTC+
mircea_popescu: we have to come to a discussion of boring, because on the straight motivation factor this makes no sense.
asciilifeform: mircea_popescu: ASICs are boring because they're a straight competition of fiat bank accounts (with the possible exception of the sneak-an-SHA256-engine-on-a-commercial-die idea)
mircea_popescu: the mtgox people are apparently running a select loop
asciilifeform: bigger and better evil theory: a network of colluding BTC nodes is front-running trades.
asciilifeform: who wants to be the first to set up a trading bot that counts irc/www BTC chumps and adjusts trading strategy accordingly?
Lyspooner: taub, the last time bitcointalk set a new record, the bubble burst
Namworld: I'm needing BTC-BOND to have a large trading capital less and less.
Lyspooner: i'm jealous of all the people who can trust a new currency they never heard about without trying to understand a) how it kind of works and b) why it might be favorable to other currencies
asciilifeform: mircea_popescu: ask mtgox nicely to give the secret price adjustment knob a quarter-turn up, and the idiots will go away again.
smickles: mircea_popescu: 'endless march' has a nice ring to it
Namworld: We're back up in a flash
Namworld: Bowjob: I'm having the same problem. I sent a transaction but I don't see it on blockchain.info
Guest14382: of a second wave
Guest14382: there could be a second wave
ThickAsThieves: of course the puts were a bad idea
Guest14382: ok maybe the puts were a bad idea
gribble: Error: "lag" is not a valid command.
mircea_popescu: <jurov> can't find it now. basically it was something about mtgox picking top order and doing select for matching orders in a loop << WHAT
KRS1: could it just be a lot of volume today..i noticed on gox for instance the volume has been high today looking back at a 1 week chart
Namworld: I'm seeing a trend...
ThickAsThieves: lately, sometimes i see the top ask is a lower price than the next ask on clarkmoody sometimes
jurov: can't find it now. basically it was something about mtgox picking top order and doing select for matching orders in a loop
benkay: hey fam, when I send a tx with a confirmation fee, that confirmation fee does *not* come out of the amount sent to the recipient, right?
ThickAsThieves: just need a reboot
pgp: oops.... they might having a real problem right now...
taub: everything to 60 is just a 30% retracement
Namworld: A quarter kilo of gold... neat
Namworld: plus average moves too slowly, we'd have to see a further massive drop
Guest14382: is it really a waste ;)
KRS1: thats a good thing i guess
smickles: they just have a trading engine which can't keep up
gribble: A market order to sell 10000 bitcoins right now would net 757756.5473 USD and would take the last price down to 75.0000 USD, resulting in an average price of 75.7757 USD/BTC. | Data vintage: 0.0006 seconds
Namworld: We'll hit a wall pretty soon...
jborkl: there are a flood of calls being sold back to the bot at a profit, so a excess supply would drive price down
gribble: A market order to buy 1000 bitcoins right now would take 78000.0000 USD and would take the last price up to 78.0000 USD, resulting in an average price of 78.0000 USD/BTC. | Data vintage: 0.0002 seconds
Namworld: So it's a null event
Namworld: actually what WOULD happen (which it won't) is the option would be executed at a profit, but money taken from the collateral.
thestringpuller: mircea_popescu: what happenes if MPOEBOT writes a contract
jurov: btw, i could really use a cheatsheet for the bots on -assets website
gribble: Error: "vwap" is not a valid command.
taub: let me take a peak at otc
jurov: such a patience test for me ear every month's end
Namworld: no, not a good time. Expire next day
thestringpuller: maybe a good time to buy puts...
gribble: (eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
gribble: (title <url>) -- Returns the HTML <title>...</title> of a URL.
pgp: a lot of for sale at 87
gribble: EskimoBob was last seen in #bitcoin-assets 2 weeks, 4 days, 0 hours, 20 minutes, and 3 seconds ago: <EskimoBob> wow, LOOK! A 11 btc trade at pervert bazaar. Must be a killer week of trading :)
smickles: not in a little while
bowjob: this coin I have will be a perma physical coin
bowjob: I'd love to get a 2013 on
bowjob: these bears are gonna be in a world of hurt
bowjob: back to less than a billion
jborkl: someone needs to take assbot out for a drink
gribble: Error: "bc,24prc" is not a valid command.
Bugpowder_: this is a temporary setback
taub: 60 is a bit far imo
jborkl: looks like a regular opex date to me
ThickAsThieves: its a trap!
smickles: at a profit
mircea_popescu: i need my bitcoins to trade 5 for a used tesla later on.
pgp: a shakeout at these level would be healthy
gribble: A market order to sell 400000 bitcoins right now would net 9392061.3579 USD and would take the last price down to 0.1000 USD, resulting in an average price of 23.4802 USD/BTC. | Data vintage: 0.0149 seconds
thestringpuller: that's a surprise
ThickAsThieves: http://www.theverge.com/2013/3/28/4157796/an-optimistic-theory-of-bitcoin-as-a-hedge-against-the-entire-global
Bugpowder: just a blip in the long term
bowjob: i dumped dice a long time ago
ThickAsThieves: thats a big red boner
pgp: i wouldn't be surprised to see a selloff down to the 60's
gribble: A market order to sell 700 bitcoins right now would net 64397.2774 USD and would take the last price down to 91.5000 USD, resulting in an average price of 91.9961 USD/BTC. | Data vintage: 44.7079 seconds
Bugpowder: what a great movie
ThickAsThieves: but it's a great flick imo
ThickAsThieves: yeah she's a little freaky looking
ThickAsThieves: i have a feeling you'll LOVE it
Bugpowder: sometimes a terrorist
ThickAsThieves: sometimes you look like a professor, some like a folsky metrosexual :)
ThickAsThieves: mp you look a lot diff in some pics
ThickAsThieves: took that selloff like a champ too
pgp: i think gox runs on a comodore 64
Bugpowder: half a milli yo!
mircea_popescu: maybe it's for a mpex acct reg.
deadweasel: Those 30BTC reappear about twice a week, then they are gone.
mircea_popescu: At Berenberg Bank in London, chief economist Holger Schmieding said the lesson is that “countries will take a lot of pain to stay in the eurozone. The glue that holds the eurozone together remains strong.”
Bugpowder: its a BFD
benkay: is this massive freezing of funds s.o.p. for cypress? i was under the impression they were just getting a 10% asset haircut.
benkay: in a fucked up fake continental government
benkay: dangers of operating out of a russian owned tax haven
burnside: So yeah, BTC Trading Corp is based in Belize. It has a native Belize corporate director. It has no bank accounts anywhere. It does not touch USD.
burnside: I missed a pretty good conversation earlier. <mircea_popescu> Namworld you're confusing things tho. burnside isn't touching fiat afaik.
jborkl: micrea_popescu , can I get a deposit cleared