log☇︎
674300+ entries in 0.453s
ThickAsThieves: the auction didnt seem to promise any privacy or whatever
rithm: i mean if you won you might as well pump it to the price you paid amirite
rithm: no reason really not to
ThickAsThieves: depends, USMS did not explicitly say they would announce winning amount publicly, but people already have FOIA requests in
rithm: i'm guessing the winner
cgcardona: who exactly will announce a price? surely not the USMS right? wouldn't it be barry and/or another bidder?
rithm: i'm interested to see how quickly
ThickAsThieves: if they announce price today, i imagine market will move toward that price pretty vigorously
rithm: 45 times deposit
gribble: Bitstamp BTCUSD ticker | Best bid: 643.27, Best ask: 643.32, Bid-ask spread: 0.05000, Last trade: 643.27, 24 hour volume: 14706.01506302, 24 hour low: 592.15, 24 hour high: 647.09, 24 hour vwap: 622.986624544
rithm: The agency told CoinDesk that 45 registered bidders participated in the event, and that 63 bids were received over the course of the auction,
ThickAsThieves: i think it was 200k deposit
rithm: but i'm saying the USMS today released the # of bidders
ThickAsThieves: i meant 46 in the 2ndMkt syndicate
bitcoinpete: cheapskates pullin the group down
ThickAsThieves: i expected the syndicate to lowball
cgcardona: so is the traditional wisdom that the market will swing upwards to match auction price sound advice?
bitcoinpete: ThickAsThieves: you expected silbert to lowball?
gribble: Bitstamp BTCUSD ticker | Best bid: 639.0, Best ask: 639.9, Bid-ask spread: 0.90000, Last trade: 639.9, 24 hour volume: 14668.86126860, 24 hour low: 592.15, 24 hour high: 647.09, 24 hour vwap: 622.948357222
rithm: prior to official results
cgcardona: guess there were some really high bids or he underbid (unlikely)
rithm: interesting to see confirmation that he was assumedly outbid
cgcardona: ThickAsThieves: yea that's pretty big news
ThickAsThieves: i was telling the traders Silbert wasnt gonna get any coins
rithm: i'm pretty excited about that
rithm: mircea isn't here trolling
rithm: oh shit i'm a vetted candidate and i know how to mine
ThickAsThieves: mthreat the pic? it goes with the next link i think
cgcardona: chax: you'll need to get GPG/PGP keys into the WoT in order to voice yourself in the future
mthreat: ThickAsThieves: is that a mining operation?
ThickAsThieves: LakeBTC has a lower rate than the rest, they be gaming dat index
chax: Ah thank you
assbot: MegaBigPower Launches Global Franchisee Network to Add 50PH/s Per Month to Bitcoin Network
assbot: Huobi and LakeBTC Added to CoinDesk Bitcoin Price Index
cgcardona: that's why we do 1/2 time here and 1/2 ttime in the bay
cgcardona: so small town vibes apply
cgcardona: yea at the top of the mountain in koke'e
mthreat: wow that photo.. i remember visiting that spot, if it's where I think it is
cgcardona: i didn't get to go into the valley this time though. too busy w/ work
cgcardona: we actually drove ot the top of the hill yesterday to overlook it https://twitter.com/cgcardona/status/483409146088140802/photo/1
cgcardona: yep - in fact that's why I came here originally in 1999. to camp out for a month over new years 2000 in kalalau
mthreat: did you do the kalalau trail?
benkay: ;;later tell Vexual hit me up next time you're online
cgcardona: yea close enough for me too. I can drive into SF in like 35 minutes or so
cgcardona: yea. we were planning on doing 6 months on island but my wife isn't diggint it here too much this time so we're headed out a month early
bitcoinpete: cgcardona: eh that's coming up fast
cgcardona: we're going back to santa cruz this time. Leaving kauai in about 2 weeks
cgcardona: bitcoinpete: great :) thanks for asking. Wrapping up this chapter and preparing to move back to the bay area
cgcardona: Figured this would be as good a place as any to get some insight into the unfolding of the auction
bitcoinpete: cgcardona: how's island life these days?
ThickAsThieves: no it came to me via cosmosis
bitcoinpete: ThickAsThieves: did a gypsy with money braided in her hair tell you that?
ThickAsThieves: <+pankkake> pretty cool that the diff is 512k though. 512s everywhere /// 512 is my spirit number
empyex: FabianB: Traded in last 24 hours: D.BPAY D.BTGO S.MPOE X.EUR
bitcoinpete: fluffypony: what was todd saying about the torontonians?
gribble: The discreet escort, or how Bitcoin makes prostitution ... - Trilema: <http://trilema.com/2014/the-discreet-escort-or-how-bitcoin-makes-prostitution-unprosecutable/>; Why exactly reusing Bitcoin addresses strengthens Bitcoin ... - Trilema: <http://trilema.com/2014/why-exactly-reusing-bitcoin-addresses-strengthens-bitcoin-user-anonimity/>; Bitcoin pe Trilema - Un blog de Mircea (1 more message)
benkay: ;;google trilema discreet escort
pankkake: pretty cool that the diff is 512k though. 512s everywhere
assbot: New Venture Aspires to Be the Sotheby s of Bitcoin - American Banker Article
mthreat: shit, they are: http://www.americanbanker.com/issues/178_85/new-venture-aspires-to-be-the-sothebys-of-bitcoin-1058805-1.html
assbot: So basically at least USD$20MM of bitcoin buying demand went unsatisfied in the auction and will look elsewhere to buy bitcoins i.e. market
assbot: Announcement: The SecondMarket / Bitcoin Investment Trust bidding syndicate for the US Marshals bitcoin auction was outbid on all blocks
BingoBoingo: mike_c: Right idea, implemented too early
mike_c: not going to happen, but, bingo's summer heat theory may be playing out :)
TomServo: Ah - I thought you were implying it wasn't and there was a chance it could go the other way.
mike_c: but for the no bettors, it would be irritating to be "right" but have lost.
mike_c: it'll be a kick in the pants if diff is back under 14bn on bastille day.
gribble: Bitstamp BTCUSD ticker | Best bid: 623.0, Best ask: 623.98, Bid-ask spread: 0.98000, Last trade: 624.0, 24 hour volume: 11919.67750693, 24 hour low: 592.15, 24 hour high: 639.2, 24 hour vwap: 619.45166829
bitcoinpete: or another reason to gpg
bitcoinpete: ^goes into effect tmrw
assbot: Canada's Law on Spam and Other Electronic Threats - Home - Canada's Anti-Spam Legislation
bitcoinpete: "Central bank balance sheets – including the Fed’s – have continued to expand and now exceed $20 trillion in aggregate, worldwide."
bitcoinpete: "Most importantly, if they persist too long, ultra-low rates could validate and entrench a highly undesirable type of equilibrium – one of high debt, low interest rates and anaemic growth."
fluffypony: I'm waiting for the Bitcoin Assets Foundation to start
bitcoinpete: they do the "alliance" and "ethereum" schemes
bitcoinpete: a yes, the to crowd...
fluffypony: bitcoinpete: ah ok - Peter Todd was talking about the Bitcoin crowd in Toronto, made me think of you
justusranvier: Brawndocoin - the transaction mutilator. It's got what blockchains crave.
fluffypony: justusranvier: it's got what plants crave? shut up and take my money!
bitcoinpete: fluffypony: edmonton. gateway to the north ;)
fluffypony: bitcoinpete you're in Toronto right?
bitcoinpete: oh and rather looking forward to the germany game. just so they can score 1 more goal!
bitcoinpete: most people have the day off because tmrw is a holiday for canada day
bitcoinpete: fluffypony: lol dat thinking
fluffypony: I lol'd all the way through
assbot: immibis comments on I'm tired of people thinking their altcoins are superior because they have shorter block times
pankkake: BingoBoingo: depends on what HFT means for them
assbot: Facebook experiments on users: They’ve got more in store!
mike_c: "The chart is a chart of how much chart there is." << lol
davout: in the 2014 world cup it's the french that have urgent proposals for nigeria
BingoBoingo: "When you just put institutional investors in a pool that excludes high-frequency traders, they have a hard time trading with each other. There's not, it turns out, all that much natural liquidity." << This
mike_c: <+kakobrekla> making people think. always a dubious idea. << also, minigames require no thought :)
benkay: no no less code more talk
benkay: this is not too much blabbing. the internals are v. interesting.
mike_c: i gotz work to do!
benkay: wait this is too much blabbing?
mike_c: see what happens when you get me blabbing about this? too much blabbing.
mike_c: in effect, he lost the bet that buying early would be advantageous
mike_c: now, in your case that time value didn't work out.
mike_c: it's like an option. a guy who buys the option early is buying time value.