log☇︎
911900+ entries in 0.531s
jcpham: hey you guys want to doa bitbet somehow on this
dub: that CNN has the same 'feature' is pretty lulzy
dub: I wtf'ed when BFL made the user blog and all kinds of even crazier shit than josh comes out with started showing up
jcpham: remember all those problems mtgox has been having during the "transition"
jcpham: the non action is what the lawsuit is about
jcpham: no telling how far down the rabbit hole it goes
jcpham: and all that
jcpham: and it'll be like they have logs of coinlab ddosing them
jcpham: yeah i mean if they stonewalled the contract they retained counsel long ago
parseval: I wonder if they'll be looking for a new partner
ThickAsThieves: that may have been their thought if/when they breached
Bugpowder: 1M if they can get away with it.
jcpham: yeah i thin coinlab has a fairly solid contract
tiberiusiv: most of the sheep have already exited
Bugpowder: Does take much to scare bit coiners. and with good reason. shit is always blowing up!
Bugpowder: because they probably aren't getting paid by the hour
Bugpowder: which means they expect an EV+ settlement
Bugpowder: Also 4) The law firm CoinLab got is famous and good
Bugpowder: This news is going to have a very negative impact in the short term (now till Tues)
tiberiusiv: what does peter vesseenes have anything to do with anything lol
tiberiusiv: even if you rationalized trying to explain away price movements with news
tiberiusiv: it has nothing to do with the news.
tiberiusiv: why are we at the same level as 12hrs ago
tiberiusiv: so despite that news
Bugpowder: call me in the morning
gribble: There are currently 13577.623 bitcoins demanded at or over 85.0 USD, worth 1190565.26875 USD in total. | Data vintage: 7.2072 seconds
gribble: There are currently 16741.418 bitcoins offered at or under 120.0 USD, worth 1870631.70231 USD in total. | Data vintage: 57.2346 seconds
Bugpowder: It has taken me 30 confirms before
Bugpowder: sometimes they delay in heavy volume
ThickAsThieves: so where do you think the bottoms will be?
tiberiusiv: confirms dont take that long lol
Bugpowder: There it is tiberiusiv
Framedragger: oh fuck it's may, i've to pay taxes in a week as well :(
Bugpowder: Gotta pay my taxes
tiberiusiv: seen so many guys like you in trading
jcpham: i like how coinlab has this emotional pr release and mtgox releases a one-liner
Bugpowder: that's your ego talking, not your head
Bugpowder: I am a ameture but have made much more on bitcoin than you ;)
Bugpowder: but I guess a violent sell off is not in the cards
Bugpowder: Still think we will see 70-80 this weekend
Bugpowder: Peter should have spent that too
Bugpowder: they got that 10000BTC donation from gox
tiberiusiv: since the foundation has no actual capital
tiberiusiv: hanging around at a star trek convention?
tiberiusiv: vessennes is finished anyway though
jcpham: btcmu.org is not opposed to forking the blockchain
dub: he tried to sort the dev shop out but got beaten down by the 'community'
dub: gavin is ok imo, just needs to be stronger an dignore the other fuckwits
jcpham: or i'll sell you the domain and you do it
tiberiusiv: have to go
jcpham: except we have to make it
dub: no real incentive for pools to get involved though
tiberiusiv: that nerd crew has to go
tiberiusiv: like to make the client compatible with the btc network it just has to follow the same rules right?
tiberiusiv: why dont mining pools begin investing into their own BTC client
dub: they didn't fail at that though
dub: maybe pretending to have an HPC/mining platform
tiberiusiv: for anyone to do business with him in the future
tiberiusiv: his reputation will be too damaged
dub: what did they fail at? nothing
dub: don't you have to do somethign first in order to fail?
taub: its not like they've been relevant anyway
tiberiusiv: peter vessennes and co are permanently out of the picture now
gribble: WARNING: Currently not authenticated. User inh, rated since Thu May 12 17:15:32 2011. Cumulative rating 19, from 11 total ratings. Received ratings: 10 positive, 1 negative. Sent ratings: 10 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=inh
gribble: There are currently 88672.613 bitcoins demanded at or over 70.0 USD, worth 7038561.94509 USD in total. | Data vintage: 0.0060 seconds
inhies: until then, dont beleive a word i say
inhies: im inh on otc, as soon as i dig that keypair off my old hdd :3
inhies: i guess im trying to say, im panties
tiberiusiv: a woman in here is rarer then thickasthieves having money
inhies: with an ies on the end
inhies: tiberiusiv: mod6 just bought in so she's trying to drum the price back up to at least break even
tiberiusiv: i mean where does vessennes even get that 75mil number from
Bugpowder: Mircera is going to have a blogasm when he wakes up
tiberiusiv: mtgox is not sheltered in japan especially when their assets are in US banks
tiberiusiv: hence why mircea is there
ThickAsThieves: is it difficult to get an international suit like this to work?
tiberiusiv: IF the general trend is down its down.
tiberiusiv: all that would occur would be a short term spike
tiberiusiv: if crowd psycology is heading towards a direction
tiberiusiv: hence why paypal ceo talked about bitcoin but the price is 30% lower then when he spoke.
testypesty: yeah, so if paypal & ebay announced in the news today it's taking on BTC, that wouldnt matter?
tiberiusiv: i want you to read
tiberiusiv: im trying to dig you up the website
ThickAsThieves: did she also see the contract
tiberiusiv: yes there is.
Bugpowder: And there is no way to clearly evaluate it this early in the process
tiberiusiv: theres absolutely 0 emperical evidence that news drives markets
tiberiusiv: the market reaction already occured to the news
ThickAsThieves: so there's your time reference in confs
ThickAsThieves: i sent btc to gox
tiberiusiv: if markets worked like that everyone would be rich
tiberiusiv: its been more then 1hour
tiberiusiv: waiting on that sell off bugpowder
Bugpowder: See,… the bitcoin ATM guy knew enough to wear a suit.
Namworld: yeah, if there was a really good deal...
ThickAsThieves: but we are biased too
ThickAsThieves: it leaves money on the table to be as timid as it is
ThickAsThieves: i agree Nam, I think the bot algo could be fine tuned
taub: i guess it can work, but the model he has running isn't very good
Namworld: maybe there's a better inbetween to be found...