log☇︎
921100+ entries in 0.629s
splnkr: just spread around this disinformative article http://www.nytimes.com/2013/04/15/opinion/krugman-the-antisocial-network.html
jborkl: it is breaking support and the chart looks sickly
Bugpowder: time to crash the market
gribble: There are currently 0 bitcoins demanded at or over 99.0 USD, worth 0.0 USD in total. | Data vintage: 0.0042 seconds
gribble: BTCUSD ticker | Best bid: 93.97329, Best ask: 94.00000, Bid-ask spread: 0.02671, Last trade: 94.00000, 24 hour volume: 143971.50098586, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.53419
jborkl: wow -gold down to 1300's
pgp: markets taken a beating, too
jborkl: beat you to it
Bugpowder: it is going to sell off before I can dump the rest of my coins.
jborkl: I did it, dont get too excited
gribble: watching for another drop to low 90s, then re-evaluating ask depth and targets | updated by OneFixt at Apr 15 2013, 10:47 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 5 hours, 45 minutes, and 30 seconds ago
gribble: BTCUSD ticker | Best bid: 95.22101, Best ask: 95.92000, Bid-ask spread: 0.69899, Last trade: 95.92000, 24 hour volume: 140774.22839093, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.64984
gribble: BTCUSD ticker | Best bid: 95.38000, Best ask: 95.49999, Bid-ask spread: 0.11999, Last trade: 95.38000, 24 hour volume: 140456.92501169, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.65965
BitHub: better off throwing yourself into the mainstream and charging 20% comissions
BitHub: but i've noticed when there's a huge dip they'll hit the websites straight away because its quicker
BitHub: i think alot of people still buy locally
MJR_: who doesn't admit that afghanistan is getting old...
MJR_: and there is always iran
taub: he's one of those types who openly says war is good for the economy etc
taub: Krugman doesn't know shit, he still belives the broken window fallacy
Namworld: Before, people bought locally. Now, they buy more on the web. It shifted customers/services around. And I think mostly consolidated a few large companies, but that's just an impression I have. I'd need data to back it =/
MJR_: As the rate of technological change in computing slows, the number of jobs for IT specialists will decelerate, then actually turn down; ten years from now, the phrase information economy will sound silly.
MJR_: The growth of the Internet will slow drastically, as the flaw in "Metcalfe's law"–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax
pgp: from that chart, perhaps
Bugpowder: VGTSX looks undervalued relative to SPY
pgp: so now he banks on that credential from his left wing bully pulpit and it annoys the crap out of me...
pgp: you know, i always thought it strange that as a journalist/writer, he won the nobel for economics, which is almost exclusively awarded to academic types...
pgp: it will end in tears
Bugpowder: I just can't think of any asset class that is undervalued right now
Bugpowder: was in at 2.53 on that one
Bugpowder: Sold my sprint on the pop this morning @ 7.29
Namworld: wow, that goes down fast...
Bugpowder: Gold down to $1355.
Namworld: I wanted to resell at 100
Namworld: I didn't manage to grab back some low BTCs in the 60s before it bounced back
Bugpowder: top to bottom of the last crash, scaled for this crash says $16.12 is the bottom.
Namworld: I'm sad I had most of my BTC value in my portfolio couldn't sell all at the top
Bugpowder: it was really stable at 15 for a long time
Bugpowder: just like last time
Namworld: I could share the spreadsheet so you have make a copy, BitHub
pgp: not a good sign... definately further to go down...
BitHub: going to play with this nam, thanks i'll send you a tip when finished
Namworld: since price doesn't go up, I expect demand from speculators to drop and ones still holding to start selling as prices slowly go down
Namworld: demand is gone... but most don't want to sell yet
Namworld: yeah, they should have an API soon
Namworld: and also convert the whole BTC value to USD using MtGox weighted average
Namworld: Other than that, it can track BTCT.co, Havelock, BTC address balances
Namworld: and MPEx sharecount too, as there's no API for accounts
Namworld: BitFunder needs manual updating tho, no API yet
Namworld: Makes something like this: https://docs.google.com/spreadsheet/pub?key=0AvwwyRGyc1WgdGFKVlAtZVAzOGNqS1Brd05MUlFlT2c
BitHub: oh yeah i was just there
BitHub: i'll send a tip
Namworld: Use my darn tools
Namworld: [11:28] <BitHub> i need to track my portfolio
gribble: Next difficulty estimate | 8898397.1525 based on data since last change | 8824046.14459 based on data for last three days
BitHub: i need to track my portfolio
MJR_: not sure, that's what someone recommended to me before
BitHub: i checked the website but nothing
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid (1 more message)
MJR_: i thought kakobrekla had a ticker service already?
BitHub: with teh alarm
BitHub: i need to check your site, its been a while :)
Namworld: You can use the formulas to fetch data using the APIs of various exchanges
BitHub: okey thanks
troc: because that only works for mpex, others could cause a flood ?
Namworld: because it would put lots of stuff in the chat
BitHub: why cant i just type !ticker Mpex and get a list of all the assets
Namworld: Easy, just a bit long to use
Namworld: although the ticket thing ain't that hard to do
Namworld: I have my spreadsheet tools, should be able to fetch all data you need
BitHub: cant anyone just do a simple readable asset ticker?
assbot: Ah, your hair. Your hair is soft. It's like a girl's. Now how do you get it that way?
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
Scrat: its pretty evident by now that the gox "engine" does a linear scan of all orders (lol) and that takes around a second
ThickAsThieves: the actual frequency isn't the issue
troc: is it because they read http://www.nanex.net/Research/CQSCap/CQSCap.html ?
ThickAsThieves: I think it's just semantics to most
Scrat: apaprently hft is 0.1 trade per second with 400 ms gateway latency now
Scrat: taub: what made me laugh is that in that "we are mtgox" reddit, a lot of people were like "please block the hft bots"
taub: we believe that not only does high frequency trading not contribute to that purpose, but the way exchanges currently operate leaves the doors open for major manipulation.
jcpham: some form of implementation might get a lot of traction
unbalanced_: jcpham, anyone: Do you think a double auction exchnage as in the 247btc.com link above would get traction?
lippoper1: yeah, it's the bid/ask range
MJR_: is that just a simple moving average or a standard deviation?
MJR_: bitcoinity looks prettier than usual
gribble: BTCUSD ticker | Best bid: 97.05008, Best ask: 97.59899, Bid-ask spread: 0.54891, Last trade: 97.05007, 24 hour volume: 139241.84612092, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.77476
lippoper1: demand seems an all time high
gribble: There are currently 129652.19 bitcoins offered at or under 9999999.0 USD, worth 167037264.711 USD in total. | Data vintage: 117.6040 seconds
gribble: There are currently 43723736 bitcoins demanded at or over 0.0 USD, worth 14483375.3202 USD in total. | Data vintage: 96.4113 seconds
gribble: There are currently 0 bitcoins offered at or under 0.0 USD, worth 0.0 USD in total. | Data vintage: 91.0591 seconds
gribble: BTCUSD ticker | Best bid: 96.97801, Best ask: 96.99900, Bid-ask spread: 0.02099, Last trade: 96.97801, 24 hour volume: 139162.02515050, 24 hour low: 84.43689, 24 hour high: 102.00000, 24 hour vwap: 94.77353
gribble: watching for another drop to low 90s, then re-evaluating ask depth and targets | updated by OneFixt at Apr 15 2013, 10:47 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 2 hours, 16 minutes, and 20 seconds ago
mircea_popescu: anyway, i'd love to stay and chat but i'm due in some meetings. we continue later.
mircea_popescu: mostly the drop triggered what looks more like safety than actual pricing assumptions
unbalanced_: Did the algo actually change mid-month, or did the spreads just widen due to volatility, still using the existing algo?
mircea_popescu: anyway. the bot's pricing algo is proprietary, yes. i don't see why it wouldn't be.
unbalanced_: New topic: the bot's option pricing algo. Is that a secret? Does it have to be?
unbalanced_: b) it's growing exactly as fast as you want it to. If you want it to grow faster or slower, you know what to do better than I.
unbalanced_: is not necessarily a good thing, and