log☇︎
925800+ entries in 0.65s
MJR_: but you don't have to trust the person actually borrowing the money
MJR_: i mean, the only counter party risk is between you and bitfinex
bowjob: what if they get hacked
MJR_: but they can't actually default
bowjob: 500% apr thats like.. a
MJR_: as people can buy and sell more, also enabling short selling which is good, because they HAVE to buy bitcoins at some point
bowjob: ill do my due diligence tomrrow.
bowjob: mhm, lending money to them seems like a good idea
MJR_: 6.5408% that is the percent on Bitcoin loans
MJR_: but this is how i hedge my portfolio
bowjob: it would be a bitch to move cad to usd
ThickAsThieves: I'm thinking price might not move more than +/- 5% today
MJR_: so, the credit market for margin trading is approx 1.75 million and people pay between 500% and 667%...
MJR_: wow guys, this is awesome...get this
KRS1: btc for toll roads would be splendid
bowjob: according to chinese, its good luck
bowjob: i expect to see one soon
punkman: you just don't want to preload them
bowjob: no, thats different
bowjob: make it so that the btc gets converted to fiat
MJR_: where are these debit cards?
bowjob: can you use them to pay merchants tho
bowjob: for me to load 1 BTC with the purchasing power of a few grand
MJR_: i was wishing i could take out $20 yesterday
bowjob: atm is the first step
MJR_: i'd use it too
KRS1: whoot there it is
punkman: what kind of new BTC services would you guys like to see this year?
MJR_: don't ever turn your back on an insane bitcoin market
KRS1: seems to have leveled off a bit after the last few days
bowjob: russians seem to have dashcams everytime
punkman: yeah I've seen plenty of scary russian things
rikur: punkman: true, but shooting and bagging people in bright daylight is still pretty hc. And the stuff that happens on the quiet roads..
bowjob: im sure the fud is warranted
bowjob: well, next door to canada is us
bowjob: ah, i heard the happnies index there is high
bowjob: russia... im ambivalent toward it
bowjob: dunno man, i seen to many narco vids
punkman: still pretty safe for tourists
bowjob: im terrified
bowjob: ive seen the worst shit happen in that place
bowjob: i can bring the big bucks for the best food around
rikur: but yeah.. would be cool to just travel slowly for a few years
rikur: need to get a shirt like that
bowjob: we bought bitcoins before buying them were cool
gribble: BTCUSD ticker | Best bid: 244.99000, Best ask: 247.00000, Bid-ask spread: 2.01000, Last trade: 247.38630, 24 hour volume: 108068.12006362, 24 hour low: 195.20000, 24 hour high: 250.00000, 24 hour vwap: 224.55260
rikur: risky though
bowjob: im too small of a fish for him. i wonder what kind of orders hes getting
bowjob: man.. i asked casa to send me an invite to buy 100 1 BTc oins
taub: so to speak
taub: engage lag, look into the future
rikur: taub: it's a complete black box, gox that is. they could be front running trades for massive profits.
gribble: BTCUSD ticker | Best bid: 247.38630, Best ask: 248.00000, Bid-ask spread: 0.61370, Last trade: 248.00000, 24 hour volume: 108532.84546070, 24 hour low: 194.90001, 24 hour high: 250.00000, 24 hour vwap: 224.29028
taub: oh here we go, ther was a drop
taub: I refuse to believe mtgox isn't fucking with their engine on purpose now
bowjob: according to my IT friend.. ^ and old school miner
bowjob: btw, there is a BCIT instructor that holds 10k btc
bowjob: the bet is over, i saw some people game the system at 200
bowjob: warning. if you send a bet there, you will lose you bitcoins
bowjob: i dont really go to mt gox and watch the price these days
rikur: but not executing trades either
gribble: MtGox lag is 0.20385 seconds. During this time, light travels 0.000408513117582 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
gribble: BTCUSD ticker | Best bid: 249.99800, Best ask: 249.99990, Bid-ask spread: 0.00190, Last trade: 249.99800, 24 hour volume: 108766.46027008, 24 hour low: 194.30000, 24 hour high: 250.00000, 24 hour vwap: 224.07281
bowjob: and that kid you bumped into 5 years ago wont bother as well
rikur: yeah, I'll downplay the numbers whenever someone asks :)
bowjob: its like winning the lottery.. but better. you can preserve your anonymity
bowjob: imo dont tell anyone else about the amount of btc you have
rikur: hehe yeah. A friend of mine sold 100+ at 20$/btc. He's hitting himself hard these days.
bowjob: each time it goes up, its a bubble. each times, it flash crashes, its dying
bowjob: nevr invested to 200 bucks,
gribble: There are currently 1167.9295 bitcoins offered at or under 250.0 USD, worth 291982.352046 USD in total. | Data vintage: 105.4371 seconds
bowjob: it comes with wagyu beef and lobster, and some of that louis XII ?
gribble: BTCUSD ticker | Best bid: 249.99999, Best ask: 250.00000, Bid-ask spread: 0.00001, Last trade: 250.00000, 24 hour volume: 109468.05441769, 24 hour low: 193.95111, 24 hour high: 250.00000, 24 hour vwap: 223.69880
bowjob: so, 0.4 BTC for that glorious hotdog
bowjob: if not, then i dont mind spending fiat either way
rikur: the guy could get the title for worlds most expensive hot dogs for the next 100 years :DD
bowjob: set of.. the hotdogs?
rikur: bowjob: let's order a set if the agrees to sell them in BTC?
rikur: Just one of the tax haves got whistle blowed recently: 40 TRILLION USD of hidden money, and now the govts are stupid enough to go after it.. If they do, the money will find a new home and some of that will go to bitcoins too.
bowjob: heck less than that
bowjob: i want to eat the worlds most expensive hotdog
bowjob: it was still on his account.., I helped him transfer it to electrum
bowjob: back in the day
taub: price just comes to a standstill
bowjob: I want to open a foodcart in vancouver
rikur: Hehe, I'm saving for my houses too. But also for my immortality and trip to mars.
bowjob: so having 50k in the bank wont help me
bowjob: i dont need the cash
bowjob: just before the great rally
bowjob: i got most of my BTC when they were 13 dollars ea
bowjob: but im set in fiat terms
rikur: so do you have hundreds or thousands coins?
bowjob: yeah me too. but i love trying out new places
bowjob: you can eat a godtier meal for 2.. for less than 1 bitcoin
rikur: nah.. I have a bad habit of sticking to a couple places I like :/
gribble: BTCUSD ticker | Best bid: 249.87990, Best ask: 249.87999, Bid-ask spread: 0.00009, Last trade: 249.87999, 24 hour volume: 109125.46115724, 24 hour low: 193.84000, 24 hour high: 249.87999, 24 hour vwap: 223.42658
bowjob: yeha, you know what. that platter
bowjob: have you ever been to vij's?
rikur: oh and ofcourse, best nachos are at The Foundation
rikur: hell, if bitcoin keeps this up I might not need the job :D