317600+ entries in 2.434s
mjr_: only
a handful of really big traders
mjr_: how does
a chart possibly tell me someone is going to unload
a half
a mill cuz they decided to buy
a house
mjr_: simple point is that just cuz it did that .5 seconds ago, means jack shit to what it does in the next .5 seconds...especially when you have such
a small sample size
mjr_: haven't seen many head and shoulders but cup and handle has been going around
a lot
smickles: mjr_: where you around back when someone claimed to have spotted
a head and shoulders int the btc/usd price
a while ago? it became
a small meme when someone else colored it like batman
mjr_: and yeah, you can retrofit any theory to back up your chart patterns...at the beginning of
a "head and shoulders" very few can successfully call the head and shoulders...you see it after it has happened
mjr_: smickles: yeah, it is
a beast of
a truck
mjr_: only
a few military grade trucks could outperform you...and they wouldn't look as cool :)
KRS1: this is
a great link thanks smickles
mjr_: none of these mean that it HAS to go up...any guy who wants to buy himself
a nice car could drop the price signifigantly
mjr_: this aint
a market like that
mjr_: in an efficient market, with
a lot of liquidity, you would see the jump in difficulty priced in
mjr_: i haven't really sold at all...but i have
a price target that i want to hit by 2014
mjr_: think the miners were doing
a block every 6-7 minutes
mjr_: we also had
a big jump in difficulty
smickles: "
A rogue trader is an authorized employee making unauthorized trades on behalf of their employer."
smickles: quite
a bit higher on havelock
[\\\]: asicminer div just got included in
a block
smickles: heh, the process takes
a while. She's due mid may
smickles: c'mon, that's just
a healthy sexlive
thestringpuller: mircea_popescu: When will there be
a shareholders meeting?
kakobrekla: gox > 2. Order lag is simply linked to large/unusual activity. We are working on
a new trade engine that will reduce lag for large activity (this is our current main priority alongside keeping things secure and ensuring our legal compliance). Note that even if the engine is lagging, orders are guaranteed to be executed in the same order they were placed.
error4733: i hope this Ddos attak on SwC is from
a oncurrent
error4733: i'll do the same if i was running
a ascis factory
kakobrekla: well
a bunch of money is still puring in
Bowjob: ". Since we have
a limited number of available chips for the first batch, I will not, in good conscience, be taking
a large swath of them."
gribble: Error: "goxverificationlag" is not
a valid command.
kakobrekla: aparently in 2011 and 2012 all the idiots thoguht they are cool for
a bitcoin biz
Chaang-Noi: when you premine the shit out of
a coin like that its not hard to keep it up
damientrog: what kind of dump volume would cause such
a flash crash?
Bowjob: learned an expensive lesson. and bought back at
a higher price
Bowjob: that flash crash.. i speculate its just
a few big sellers, then noobs jumped in
Chaang-Noi: 68 on
a sunday, damn... i wonder about next week!
Bowjob: proudhon called it
a downtrend.. so the opposite happened
Chaang-Noi: i see if i go away for
a weekend when i come back all is normal:)
Bowjob: id prefer
a more obvious sign of luck
Bowjob: its
a sign of insanely good luck
Namworld: Looks like getting those calls was
a good idea.
Bowjob: 10%
a year in dividends is really good for
a stock.. plus, the price appreciation
mircea_popescu: this is becoming
a pattern. new ipo, goes to 2x, fades then
mjr_: i'd rather use my dick to stress test
a vagina
benkay: stress test can burn up the drives on
a poorly set up cluster
benkay: and philosophically speaking, ossification of power systems is
a monotonic thing
ThickAsThieves: abstractly speaking i've considered in the past that as
a species we should spend some effort figuring out ways to make society more adaptable to paradigm shifts
thestringpuller: "We need you to regulate Bitcoin for us.
A system that is not backed by any government to protect themselves from themselves"
thestringpuller: This guy is
a genius. Lets invest 5000 BTC in benkay right now.
thestringpuller: mircea_popescu: "I've always wanted to try my hand at investing, but I don't have much "spare" money, and am currently not working at all. BTCs are offering me an opportunity to not only invest starting small, but learn so much about international monetary policy, trading, markets & so forth. The BTC community here on Reddit is amazing (minus the inevitable trolls of course), and probably the most helpful and sincere group of people I've come
a jurov: ofc it isn't
a prediction. the price i sell them is
a prediction+healthy margin
ThickAsThieves: i just look to see if i think i might have
a chance at 10% or so
mircea_popescu: except it'll survive just fine, and own their ass into
a fine paste until they submit.
mircea_popescu: and i bet you in 2015 there will be idiots joining in
a la that estonian dood, all indignant that the powers that be in bitcoin don't give two shits for his second rate irl accomplishments
mircea_popescu: ThickAsThieves i imagine it will become quite
a revenue stream as things develop
mircea_popescu: in
a sense i suppose as
a new guy it's just as good an assumption as any other.
mircea_popescu: "There is
a realistic possibility to me, that S.MPOE is in fact not owned by many actual individuals, rather than by few with multiple forum and bitcoin accounts. So please, consider my offer and be forewarned. I am just
a messenger."
mircea_popescu: ThickAsThieves> i'm playing
a drinking game, every time tiberius quotes
a % with authority <<< lol
unbalanced: Thanks for the link, I think I saw one from someone else the other day too but didn't get
a chance to follow it that day.
unbalanced: going afk to grab
a bite but will swing back later to check logs
jurov: and our fellow goat seems to "wonder how shorting
a stock on
a guys own exchange would work" haha
ThickAsThieves: i think topace said he was taking
a break for the weekend
Namworld: I haven't seen Ukto/Topace in
a while
jurov: and well, if indeed the price falls back to $5.. then i'll get
a job, i guess :D
tiberiusiv:
a secret one that hes not telling us about
awkorama: jurov: do you have
a bitcoin topped debit card or something ?
jurov: tiberiusiv, everyone gets paid to bank acct here and to get cash you have to pay
a fee
tiberiusiv: BTC should only be used as
a savings vehicle, and purchasing equities in viable BTC business's(which are rare)
tiberiusiv: you dont need to use the bank for anything otherthen cashing
a paycheck
ThickAsThieves: tiberius i think youre pretty smart but
a lot of your arguments amount to "no suh!"
tiberiusiv: that is
a critical difference most people do not understand
tiberiusiv: of which nobody has other then
a tiny %
tiberiusiv: again the customer base for bitcoinstore is too small to be
a viable business
tiberiusiv: bitcoinstore is
a prime example, it wont be around in its present form in 6months