913900+ entries in 0.65s
jborkl: all
that for 100 oz of silver? so 16 btc market cap :/
ThickAsThieves: anything
that
takes
that much explaining can't be good
mircea_popescu: also
thestringpuller, you can finger
two girls with one hand
gribble: A market order
to sell 30000 bitcoins right now would net 3865234.4410 USD and would
take
the last price down
to 121.1000 USD, resulting in an average price of 128.8411 USD/BTC. | Data vintage: 44.3863 seconds
gribble: A market order
to sell 20000 bitcoins right now would net 2637090.8720 USD and would
take
the last price down
to 125.1100 USD, resulting in an average price of 131.8545 USD/BTC. | Data vintage: 34.7641 seconds
mircea_popescu: <ThickAsThieves> like why fluff
the bid book in
this case << what's
that mean ?
gribble: A market order
to sell 10000 bitcoins right now would net 1351903.9426 USD and would
take
the last price down
to 132.0000 USD, resulting in an average price of 135.1904 USD/BTC. | Data vintage: 22.9025 seconds
mircea_popescu: well, if you withdraw from a margined account it goes
to cover margin first.
mircea_popescu: but
the collateral you post is ALWAYS going
to be more
than what you get selling.
thestringpuller: mircea_popescu: so you have four arms
to finger four girls simultaneously
mircea_popescu: <ThickAsThieves> i assume more btc was paid
to
the seller,
than
the amount he has up for collateral? << now what sense does
this make !?
thestringpuller: i
think you underestimate
the sensitive of
the market panicking during "moves"
ThickAsThieves: if
they can deal in 5000btc of puts, odds are
they are a pretty big deal
ThickAsThieves: maybe
that depends on how large of a manipulator
the actor really is
thestringpuller: yea but even
then you can get whiplash like mircea indicated
ThickAsThieves: okay, suppose
the actor actually represents a great majority of
the highest 5000btc of
the bid book on Gox. Couldn't he sell
those puts, dump 5000btc into mostly his own bids, driving price lower so he can now buy more btc at
the new lower price? As long as he doesnt sell so low
that he
triggers
the bot
to excercise, he would be leveraging
the btc
to get more btc
ThickAsThieves: my idea is
that
the moves dont have so much
to do with price movement, as accumulating more
total btc
ThickAsThieves: i assume more btc was paid
to
the seller,
than
the amount he has up for collateral?
ThickAsThieves: what kind of collateral is need
to write puts like
that
mircea_popescu: i
think in
the future bitcoin will make
THE BEST detective/mystery stories
mircea_popescu: ThickAsThieves i would imagine his
thinking is
that price is going up, so sold
the puts, and in
the case it goes a little under has
the calls
to pay him
ThickAsThieves: if selling both, he wants neother
to be profitable for
the buyer
ThickAsThieves: [10:34] <jborkl> I
think I have it figured out, and it is pretty damn smart. If not, I am going
to do it <--- so if it's dumb you're gonna join in?
jborkl: What I
think
they are doing ..
jborkl: I
think I have it figured out, and it is pretty damn smart. If not, I am going
to do it
gribble: BTCUSD
ticker | Best bid: 139.12000, Best ask: 140.75000, Bid-ask spread: 1.63000, Last
trade: 140.75000, 24 hour volume: 44073.82016531, 24 hour low: 137.45000, 24 hour high: 146.93000, 24 hour vwap: 143.02747
ThickAsThieves: selling all
those puts doesnt fit with
this big dump
though, right?
gribble: MtGox lag is 56.21932 seconds. During
this
time, light
travels 0.112662887817 AU. You could have sent a bitcoin
ten
times between Jupiter and Callisto (0.12567 AU).
jborkl: it it clear what
the puts were opened for now
mircea_popescu: the golden rule of mpex is "it always pays
to have positions in
the book"
ThickAsThieves: i shoulda out bid
the bot for
the calls if i wanted some
mircea_popescu: i suppose
technically it's a bet
that
the bot closes correctly.
mircea_popescu: course...
the bot could be closing him
the other way
too, ie,
to protect itself. and since whiplash can go both ways
mircea_popescu: whiplash can be a serious problem for
this position, so i guess it implicitly is a bet against whiplash
mircea_popescu: so basically if price stays over 143 makes money on
the puts, if goes a little under makes money on
the calls
to somewhat compensate.
mircea_popescu: heh. i bet you
there's
two more sets of 143 on
the pipe.
mircea_popescu: so sold puts short,
their break even is ~142, so also sold calls short at 143
jborkl: mostly put -
this month put 320,s
ThickAsThieves: so couldnt
the bot just excercise
these new puts and close
this guys position
mircea_popescu: ThickAsThieves
the bot always
tries
to resell.
that's why it always quotes both ends.
ThickAsThieves: How does
the bot handle options it buys? Does it ever excercise, or
try
to resell? If it excercises, does it wait for a certain % of profit?
mircea_popescu: jborkl it's not nice! stop
trolling da reddit folk! you're a jerk!
jborkl: oh, I like
the interface
mircea_popescu: it would be a website
that's a bank and has a nice interface. whatcouldpossibly.pdf
mircea_popescu: "I dont know if something like
this has been
talked about but im sure it has crossed peoples minds.
ThickAsThieves: How does
the bot handle options it buys? Does it ever excercise, or
try
to resell? If it excercises, does it wait for a certain % of profit?
gribble: BTCUSD
ticker | Best bid: 145.11000, Best ask: 145.19999, Bid-ask spread: 0.08999, Last
trade: 145.11000, 24 hour volume: 47837.38617961, 24 hour low: 140.50000, 24 hour high: 149.08000, 24 hour vwap: 144.23882
assbot: Last
trade for S.DICE on MPEX was at 0.00343999 BTC [+]
gribble: A market order
to sell 30000 bitcoins right now would net 3948122.9843 USD and would
take
the last price down
to 121.2623 USD, resulting in an average price of 131.6041 USD/BTC. | Data vintage: 81.1408 seconds
gribble: A market order
to sell 50000 bitcoins right now would net 6255951.3078 USD and would
take
the last price down
to 106.1000 USD, resulting in an average price of 125.1190 USD/BTC. | Data vintage: 73.4654 seconds
gribble: A market order
to sell 100000 bitcoins right now would net 10589892.1644 USD and would
take
the last price down
to 70.6183 USD, resulting in an average price of 105.8989 USD/BTC. | Data vintage: 64.6405 seconds
gribble: A market order
to sell 10000 bitcoins right now would net 1397470.9135 USD and would
take
the last price down
to 135.6076 USD, resulting in an average price of 139.7471 USD/BTC. | Data vintage: 53.4642 seconds
gribble: targets: 150, 160-164 | resistance: 136, 140 | support: 120, 118-114, 106-103 | updated by OneFixt at Apr 28 2013, 00:29 UTC (
tips:
http://bit.ly/YnxUM4 ) | disclaimer:
http://bit.ly/129bYJ6 |
this is not investment or
trading advice | #bitcoin-analysis | 2 days, 12 hours, 18 minutes, and 14 seconds ago
KRS-1: and
the opposite for "resistance"
KRS-1: when it says "support:" is
that
the lower-bound-
that
the price wont fall below