log☇︎
7200+ entries in 0.156s
mjr_: anyways, my point is that gox is probably a horrible signal to listen to
mjr_: merkelDICE?
mjr_: usually those numbers should be the same or maybe soft bp slightly higher
mjr_: Hard buying power is the limit to how many orders you can have filled
mjr_: that is the limit to how many orders you can place
mjr_: what that is called, by the way, is Soft Buying Power
mjr_: did it work?
mjr_: chmod755: great idea!
mjr_: if i can place an order...i can cancel that order
mjr_: and then pull the plug
mjr_: i can make the order book look really really thick
mjr_: yeah, so you are sending manipulative signals into the market
mjr_: while we are talking about this...someone said that you could place multiple orders on gox ie. with $1000 i can place $1000 orders at multiple price points
mjr_: i agree
mjr_: coinlab? gox's partners?
mjr_: every user at gox gives a positive externality
mjr_: its the network effect
mjr_: is bitcoin valuable as an idea? yes
mjr_: day traders boggle me...all you do is make the exchanges rich
mjr_: then mega recovery
mjr_: gets ready to buy at 5 before it hits $700
mjr_: splnkr: oh i hope so
mjr_: ;;goxlag
mjr_: but that is only because of market inefficiencies
mjr_: bitfloor has higher
mjr_: btc-e has cheaper prices than gox...
mjr_: its called price discovery and we are undertaking that right now
mjr_: competing markets drive everyone to a certain price set by the market
mjr_: no gas station would say $20 a gallon, when across the street it says $5 a gallon
mjr_: then you are retarded
mjr_: if you can't see the gas station analogy as price advertising
mjr_: ...
mjr_: which last i checked is what exchanges were for
mjr_: i use them to buy coins not hold coins
mjr_: 100's
mjr_: so solvent enough for my needs
mjr_: and moved them around
mjr_: well...i bought coins there
mjr_: pretty much exclusively
mjr_: i use bitfloor
mjr_: ah ok
mjr_: and things change
mjr_: when people see price moves...they get in line for 10-120 seconds
mjr_: because of lag
mjr_: it exacerbates any price movements
mjr_: not sure, but gox is definitely the worst
mjr_: i would love to see what percentage of gox trades make up daily blockchain transactions
mjr_: it is
mjr_: :(
mjr_: thats just great...of all the people who could have had my name
mjr_: who is that kid?
mjr_: lol
mjr_: trying to reinitialize the script that auto-challenges
mjr_: upgraded Mirc
mjr_: ;;ident
mjr_: ;;ident
mjr_: 4 million?
mjr_: ;;calc 69188.35120444 * 70
mjr_: slovakia
mjr_: don't know enough about sloavakia
mjr_: seems cool
mjr_: where is bratislava?
mjr_: i wish i was more fully in the btc economy
mjr_: the only problem is that each share will cost me more in dollars if i choose to put more in now
mjr_: though its possible that they just found better investments, higher yield etc...its a pretty thin market really
mjr_: i have to stick to my guns, i think the markets are wrong on this one
mjr_: yeah profits are still good
mjr_: is there a good link to see an estimate for divs for sdice?
mjr_: i need to start opening more accounts for you
mjr_: ;)
mjr_: it was a great birthday present
mjr_: thank you so much
mjr_: that would be me
mjr_: but options have treated me the best so far
mjr_: so it is a partially hedged position
mjr_: also i lend money out on bitfinex so i always have dollars too
mjr_: yeah, but i like to be diversified
mjr_: also BTCBOND
mjr_: hence MPOE and SDICE
mjr_: it just depends...i really love a revenue stream in bitcoins
mjr_: Namworld: I am thinking of doubling down on it
mjr_: hehehe
mjr_: billg: did you mean "no smickles"
mjr_: hahaha
mjr_: ;;lucky mjr_
mjr_: lol cool nick
mjr_: also i got pissed off cuz some other guy who got here later than me registered mjr
mjr_: but it feels to weird always showing that
mjr_: its weird though, i was inspired to use my real name by mircea_popescu
mjr_: ;;ident
mjr_: lol also it is pretty easy for me to prove that i'm me
mjr_: and i needed it tied to my government identity
mjr_: but if i were to sign a statement
mjr_: hehehe
mjr_: but we aren't the only two josh's in the world
mjr_: true
mjr_: hehehe
mjr_: me too
mjr_: it won't
mjr_: yeah