log☇︎
900200+ entries in 0.673s
furuknap: Besides, I doubt investors would be seriously pissed off if they changed the model to align more with AM model.
furuknap: And they're also one share short of 600% up from IPO.
furuknap: So far, yes. But wasn't AM also that in the early beginning before the IPO? Chaang?
fiat500: absolute zero faith in the company
furuknap: *crickets* Everyone running over to Pico?
gribble: BTCUSD ticker | Best bid: 125.98001, Best ask: 126.00000, Bid-ask spread: 0.01999, Last trade: 126.00000, 24 hour volume: 22529.70862246, 24 hour low: 122.20000, 24 hour high: 126.92200, 24 hour vwap: 124.42247
furuknap: After that, it's ฿60 away from 0.375.
qxzn: Quantity=0.000000000 DeltaQuantity=-0.494406280 Time=2013-05-23 09:40:17.698781-04:00
qxzn: Quantity=0.294406280 DeltaQuantity=-0.200000000 Time=2013-05-23 09:40:17.650628-04:00
qxzn: Quantity=0.494406280 DeltaQuantity=-0.021582670 Time=2013-05-23 09:40:14.354592-04:00
qxzn: Quantity=0.515988950 DeltaQuantity=0.515988950 Time=2013-05-23 09:40:08.870589-04:00
qxzn: what's wrong with this picture?
ericmuyser: i got in before dividends, 0.02! great success!! wait.. wahts this.. i lost 0.2.. so i broke even. oh well
jurov: cole_albon yes, you'll receive equivalend BTC value to your acct immediately
kakobrekla: that tag is not properly closed ericmuyser
cole_albon: jurov: thank you - so sounds like I can type the execute command and be done with it?
qxzn: mtgox websocket api sends quote updates that are impossible
furuknap: [16:47] <ericmuyser> ... it's definitely a good idea for you big guys to sell when it starts going stupid < FTFY
BitHub: just dump 500 shares right now into the bids to bring back some sanity
ericmuyser: either way i think it's definitely a good idea for you big guys to sell when it starts going parabolically stupid
ericmuyser: DeaDTerra: if you sell into the bids as it's rising, that keeps it down, fyi. if it's already too late and it's skyrocketed, then i understand eating into bids would cause panic
furuknap: Yesterday, I would _almost_ have covered your losses, just to see you sell it into the market and watch the panic :-)
ThickAsThieves: could you move down to 2.4 plz?
DeaDTerra: You are more then welcomed to buy into it
furuknap: DT, is that 500 wall yours?
furuknap: The good news is that this may bring the price to a more reasonable level, panic and burns aside.
DeaDTerra: I loaded off 2.6k on the market within 2 days I guess that it couldn't handle it and started to give away. I always posted asks so I did not stand for the selling into bids, that was the people who lost faith and paniced.
BitHub: ;;later tell fontas - emergency conference meeting 10mins
fiat500: ^ how did that happen
DeaDTerra: and then bitch when teh bubble bursts
DeaDTerra: I am just a bit annoyed that people hype thing up
DeaDTerra: There is such a thing as overpriced
furuknap: DT: I agree, but the difference is that I invest, expecting a certain return over a certain period. When the profit I can make from selling far exceeds the profit I can make from investing, then selling just makes sense.
BitHub: help its tanking
DeaDTerra: So either sit in the boat and wait for long term. Or stop bitching
DeaDTerra: Or you are speculating, in which case you have no ground to be bitching as it is the same as gambling.
DeaDTerra: Either you invest! in which case the price of the market doesn't matter as you believe in the underlieing company and that it will suceed.
aknap3: so from chips in the door to finished miners out the door in a matter of days...
BitHub: oh gawd AM is tanking, help
furuknap: I, personally, have heard this before. Yeah, _this_ time it may be right, but so could all the other times have been.
jborkl: I , personally , expect this to be accurate
furuknap: Trying to get both Two weeks and Next week as trademarks.
Chaaang-Noi: but sold the rest of my AM i had on the exchanges anyway
Chaaang-Noi: saw that yesterday, thought it was bs
jborkl: We are expecting several thousand chips next week from our new packaging facility and expect to start shipping all product lines next week.
furuknap: Well, the price, if they do get a working chip (and bitfury sounds confident) then the entire upside of fulfilling that promise is yet to be realized, like I wrote in that reddit-comment.
kakobrekla: packaging start tomorro.
fiat500: they havent even produced a working chip, and price is already up to 0.25?
fiat500: chips not tested yet
furuknap: Saw this on reddit earlier today: http://www.reddit.com/r/Bitcoin/comments/1ew9mt/is_100th_next_asicminer_jumps_40_in_a_week_up_500/ <- May explain all the new accounts on Pico...
fiat500: so the comparison is valid
fiat500: Chaaang-Noi: at this point, they only have orders
fiat500: he needs to step up his game a bit :P
fiat500: Chaaang-Noi: i have more than half as many GH/s on order than all of cognitive
Chaaang-Noi: he wants to have the best mining operation :) i like the guy a lot
fiat500: in 2 weeks they will /order/
Chaaang-Noi: he is pissed AM is better than his
furuknap: Yeah, in two weeks.
fiat500: Chaaang-Noi: is he going to buy anything or what
Chaaang-Noi: then told him on skype
furuknap: Get in line, I was there first :-)
Chaaang-Noi: i bought the last 14
Chaaang-Noi: but now i have no shares on the PT
Chaaang-Noi: about 1/4 of the coins was mine
BitHub: yeah 2.4-3 is good profit taking
ThickAsThieves: I have a bunch too
furuknap: Sure, but there has also been 3000 shares moved to BTCT recently. No idea what other markets get, but that's a lot of selling power, and I can't imagine any other reason why people would move shares into a PT if not because they want to sell.
Chaaang-Noi: i ahve been slowly cashing out, and glad i was able to get rid of as many as i did at the price i did, i really like AM but i wanted to take some profit
cole_albon: if someone were to execute an in the money call on mpex exchange. what happens next? how do dollars get into mpex to make the buy? I know it's a dumb question, and probably offensively dumb, but I can't find instructions anywhere for this
fiat500: bidside is incredibly thin
gribble: BTCUSD ticker | Best bid: 125.37275, Best ask: 125.39677, Bid-ask spread: 0.02402, Last trade: 125.39678, 24 hour volume: 21941.09404989, 24 hour low: 122.20000, 24 hour high: 126.92200, 24 hour vwap: 124.35825
ThickAsThieves: this is just the market trying to figure out what to do about lower divs and a big fucking walls
Chaaang-Noi: people dont bid,m tehy just buy
furuknap: We're 200 shares away from that, Chaang. We're 600 shares away from 2.5.
Chaaang-Noi: i dont think AM will go under 2 for a long ass time anyway
furuknap: Because long-term, people need reliable markets and to not burn themselves on bubbles. In the long term, that helps me. I'm selfish that way.
Chaaang-Noi: free market for the win
furuknap: Then, when someone starts telling them that next week's huge dividend is the result of one full month of pushing USB miners and that dividends will go down again in two weeks, they'll still wait.
Chaaang-Noi: fiat500 talked me out of buying this with btc, now i dont know what the fuck to buy :( http://www.overlandparkjeepdodge.net/new/Jeep/2013-Jeep-Wrangler+Unlimited-8d1757e50a0a00de01879b94f8bbdd6d.htm
furuknap: They'll still wait, like they waited until the 50% dividend happened.
Chaaang-Noi: no no, ill buy now if it goes to slow, and sell again when they all rush back to buy
furuknap: Tell that to the noobs :-)
Chaaang-Noi: ill sell into that pump :)
furuknap: I mean, most of the people that have been rushing the AM price these last couple of weeks have no idea how to value anything. They'll see a 43% drop in dividends and freak out, realizing the beanstalk doesn't grow into the heavens.
Chaaang-Noi: who cars about the .02 if i can sell at 2.7 :)
Chaaang-Noi: i was dumping last night, about 200 shares before the ddos, was fine then,
furuknap: Yeah, but dump 100 shares on BTCT now, and AM trades at 2.1. Another 100 and we're down to 1.85. Buy the same and we're up to 2.45, still lower than this morning.
ThickAsThieves: it allowed me to buy cheaper elsewhere
ThickAsThieves: i'm glad he tried to raise the price
BitHub: so the BF AM PT is cloing down?
furuknap: Last night, that 500 wall could have been sold for just over ฿1100 and would have brought the price down to 0.002, which would almost have been worth it just to watch the panic :-)
fiat500: he offered them for 2.4
Chaaang-Noi: but im just going to wait until its done before i try to move the price/sell again
Chaaang-Noi: dt wants out of the game
ThickAsThieves: but then he posted these walls
ThickAsThieves: and I was gobbling them up
ThickAsThieves: chasing the dream
furuknap: You mean the 500 wall that has been going down from 2.6 to 2.45 over the previous 12 hours?
ThickAsThieves: somehow they think that posting 500-share walls will get them the price they want
fiat500: small quantities tho