log☇︎
924300+ entries in 0.653s
pigeons: i bought some more a few weeks ago and sold them all as well
pigeons: i bought shares in mpoe and was able to sell for a lot more than i bought them for at ipo
bVector: two times in 6 minutes
bVector: I had buy orders in and he cleared it at lowest price of the trading range
bVector: he's manually clearing his futures to artificially bring the price down to what he thinks is fair price
bVector: mircea_popescu: this asshat at icbit is a market manipulator just like you said
Lyspooner: there were several people who called it a bubble at 70, say. Are those people wrong? Why should we only remember the people who got it right, like tiberiusiv?
ThickAsThieves: i think a lot of us just didnt realize it would happen on that exact day
Lyspooner: good job then
ThickAsThieves: easy to do in foresight too
Lyspooner: calling it "massive irrational speculation" is very easy to do in hindsight
Lyspooner: mircea_popescu, what index do your options settle to again? linky
punkman: so exante.eu is not retarded then?
evoorhees: as settled as one can be with this crazy market :)
ThickAsThieves: so when does Mark Karpeles get on the list?
mircea_popescu: seems eerly similar to my taste. judge decided he didn't do anything
mircea_popescu: you know about his entire prior conviction thing right ?
Lyspooner: i don't think he was conceited or deceitful (in bitcoinland)
Lyspooner: Bruce Wagner doesn't belong in that list
mircea_popescu: o look! mtgox is doing 70% of all bitcoin trades!
mircea_popescu: funny how the btc that was exchange-crazed flows back to investments.
mircea_popescu: https://bitcointalk.org/index.php?topic=173512.msg1805951 also this is pretty lol
Lyspooner: i'm having a very difficult time buying more coins at 250
mod6: heheh. im late too the party too. so don't feel bad. :]
topace: Lyspooner: thats why we're all here
Lyspooner: i came here to watch mircea_popescu get mad at mt gox
ThickAsThieves: he's cashed out though
mircea_popescu: "Looks like MtGox not only froze trading but also bitcoin withdrawals, I've withdrawn 4 hours ago prior to trade being stopped and even though it shows the withdraw in my account, there is no record of it in the blockchain whatsoever."
mod6: gox trading haulted until 2AM UTC?
splnkr: i like this on the Mt Gox FB page 7 hours ago "Maintenance Over however we are now under a DDoS attack."
gribble: EskimoBob was last seen in #bitcoin-assets 3 hours, 23 minutes, and 25 seconds ago: <EskimoBob> look like this party i over
Doffx: Great, now you wont be able to bring your phone on the plane either.
imsaguy: phones that hack planes = not dangerous
imsaguy: this is why we can't carry water on to planes: http://www.techspot.com/news/52211-hacker-demonstrates-how-to-hijack-an-airplane-using-an-android-app.html
bgupta: allthough mtgox perhaps will do that for them
bgupta: ok the govt doesn't have to kill it kill it.. just needs to prevent it from becoming a threat
kakobrekla: last price then
imsaguy: the 'current price' is whatever price you're willing to buy or selli tat
pandnh4: hi, does anyone have a good reading on current btc price as mtgox is not trading?
Doffx: I was more trying to point out alternatives to just forking the chain with a 51% attack.
TomServo: ThickAsThieves: there are a number of ways to avoid that
joecool: ThickAsThieves: you should send them a warning back about tampering with http connections
ThickAsThieves: and this preventable
Doffx: I was saying that the government could help do that bgupta
Doffx: Now BTC is gambling? I thought BTC and gambling were different.
bgupta: Doffx: Make people feel stupid for making a bad choice, that burn is enough to kill BTC.
ThickAsThieves: what about what i said about web traffic
bgupta: Doffx said it ThickAsThieves
joecool: oh yeah that same burn killed gambling too
ThickAsThieves: maybe i have them on ignore already
ThickAsThieves: who said to outlaw it?
bgupta: listen it will be a lot easier to get 100mn budget than to pass a law outtlawing bitcoin.. The problem with outlawing bitcoin, is that it gives bitcoin some credability and noteriety, and wouldn't kill it..
Doffx: Make people feel stupid for making a bad choice, that burn is enough to kill BTC.
ThickAsThieves: regulate web traffic maybe
ThickAsThieves: probly better ways to kill bitcoin
Doffx: I think there is a long battle ahead, I dont know who the victor will be but the fight is just beggining.
ThickAsThieves: litecoiners would be thrilled
bgupta: Guessing they'd have to push through NSA, or some other black box budget
Doffx: I would think they could do very quickly, I think they would rather just use it as a tool to outlaw crytpo coins period though
ThickAsThieves: people ignire the gov one
ThickAsThieves: even then
jborkl_: it would take 10 years just to get the idea signed off on
Doffx: Lol, they need approval?
ThickAsThieves: if they do
ThickAsThieves: and how do they get approval for that kind of spending?
ThickAsThieves: which arm of gov would do that?
bgupta: guessing the design and prototype could certainly be developed for < $500,000.
bgupta: So how much fiat would it take for a professional organization (think corp/gov) to develop an inexpensive mining ASIC, mass produce it, and run enough to get 51%? (Guessing the biggest issue would be time.) And what real defense does our network have against such an attack?
jcpham: mircea_popescu i have just now stumbled on your twitter
Scrat: centrally issued currency no thanks
splnkr: but yeah the Ripple apporach maybe could work to make better exchange algorithms
mjr_: though think of it..."we crashed the market back in 2011, and we did it again in 2013, care to trade?"
splnkr: if's for the bills and janes of the world that all owe each other small sums…in other words personas they used to design the service that don't really exist =P
mjr_: not even a hack this time...
pigeons: hahaha like that ever matters
mjr_: from what i can see...not one thing has materially changed about bitcoin in the last few days...
error4733: no yet, but the all idea behind is nice
mjr_: hmmm...irrational exuberance, and then irrational panic
splnkr: well ripple is cool for what it is, but it isn't "digital cash" in the same way bitcoin is either
splnkr: but there needs to be some critical mass for there to be volume
splnkr: we can see the weaknesses of centralization at this point i'd say....
splnkr: what would the ideal exchange situation be like? right now it's like we have regional and fragmented and scattered ones
mjr_: ugh...i almost wouldn't mind the illiquidity if they would just go away
ThickAsThieves: at least we know there's a good chance he'll die painfully from a hear attack
splnkr: "deprecated" today!
splnkr: in other news, MtGox USD Coupon codes are no longer a thing
mircea_popescu: ya, except they're monty pythion chocolates
mjr_: i wonder whats going on at that office right now
ThickAsThieves: maybe they rebooted and one snuck in
ThickAsThieves: it was the only trade
mircea_popescu: ThickAsThieves so then not quite as down as all that ?
ThickAsThieves: scrat that trade shows on mtgox.com too
Namworld: ok, who wants to buy some puts and at what price?
Scrat: unless amphipod is trolling
Scrat: there was a gox trade just now
mircea_popescu: splnkr yea, for some values of a lot that are nothing at all.
bgupta: Might even be able to get a 1U server with 128GB
bgupta: the said they were upgrading to a 128GB RAM machine.. that's a 2U server
thepuller: Waah the bitcoin world is ending
pgp: commodore 64 to and apple IIe