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mjr_: yeah, the bitcoin channel is ok, though not super smart financially speaking
mjr_: though it would be nice if there was a wallet that did recurring payments
mjr_: and it fits in very well with their model
mjr_: that would be very nice
mjr_: netflix, hulu plus, spotify, pandora, etc
mjr_: i think if many people push to get online content providers to offer it
mjr_: but at least they will have heard of it now
mjr_: and those that do may not even choose to use btc
mjr_: i'm sure not everyone even uses reddit gold
mjr_: gonna start an email campaign...now
mjr_: even just offering the option...
mjr_: it makes sense for them
mjr_: could be big publicity
mjr_: they will at least think, oh that's a thing
mjr_: so now, if every redditor at least just sees the option if they go to pay
mjr_: going through coinbase
mjr_: reddit just started accepting bitcoins
mjr_: oh wow, so asicminer is doing good i guess
mjr_: why is there going to be a dump?
mjr_: i love these exchanges
mjr_: so much easier to front run :) i gotta get to work on this bot
mjr_: and they let you send hidden orders *drool*
mjr_: so i can take advantage of that offer sitting on the books
mjr_: i just got btc in camp bx now
mjr_: i want to move fast
mjr_: just seems to hard for me personally to get money all the way there
mjr_: i've used bitinstant, local, bitfloor, and soon camp bx
mjr_: i don't use mt. gox
mjr_: they have the best prices always i think
mjr_: i wish i could trust btc-e
mjr_: if the spread was larger than the fees it would market make
mjr_: it was just a spread finder
mjr_: cuz i can transfer between these two relatively easily
mjr_: gotta get to work on my bot
mjr_: i'm showing the arbitrage opportunity that exists right now
mjr_: can buy at 26.40 on bitfloor
mjr_: 10 coins for sale at 26.65
mjr_: look at bitfloor and then look at camp bx
mjr_: also...i find that these exchanges are much easier to arb
mjr_: has anyone used camp bx? they also look really good
mjr_: always drama in bitcoinland
mjr_: i don't understand the voucher system and why we need an extra layer of annoyance
mjr_: their process is byzantine to me
mjr_: and i find their limits and fees onerous
mjr_: i think a bunch of small local exchanges is better for the ecosystem
mjr_: well...to be fair they say july 2011
mjr_: oh they advertise 80%
mjr_: and i have no interest in cash
mjr_: but i can drop off anonymously
mjr_: well ID to withdraw cash
mjr_: handles FIX messages in his API
mjr_: and he gives liquidity rebates...
mjr_: he is local and doesn't require id
mjr_: i think having 80% of volume go through mt.gox is insane
mjr_: he will be able to pay back if he collects more revenue
mjr_: i kinda want to help bring volume for many reasons
mjr_: yeah, his platform is nice
mjr_: not that he vouched in any way
mjr_: so, maybe a little riskier, but also i've emailed the guy and erik said he is a good guy, so i feel somewhat comfortable with it
mjr_: i mean, for me...i can drop off cash on the corner, have it in the account in a half hour, get PAID to trade (liquidity rebates) and don't have to use Mt. Gox (best reason)
mjr_: and i think he has started
mjr_: but, the guy is trying to pay back at least
mjr_: yeah, i don't know if i will leave btc overnight
mjr_: think it's like a .35 spread
mjr_: i'm just market making for fun right now
mjr_: also...nice big spreads
mjr_: and roman who runs it emailed me when i asked how long within 5 min
mjr_: literally half hour
mjr_: if you have one by you
mjr_: the bank of america option is the way to go
mjr_: i got my money in there in a half hour with no ID, and i think a $2 fee
mjr_: by the way, bitfloor is my new favorite exchange
mjr_: love jumping in front of a wall
mjr_: hehehe, it is fun trying to front run people :)
mjr_: great work if you can get it
mjr_: but seriously, you get the upside, we get the downside