log☇︎
926100+ entries in 0.672s
mod6: The ToS says I can't run a miner, which makes sense. Wallet hosting is ok though?
Bugpowder: I'm assuming Japan is more relevant due to the exchange being located there, not sure how the deposit flushing works at gox.
Bugpowder: ThickAsThieves: Not sure about anything... but the oscillation is damping down. bid volume is down. I think we need another bolus of wires to push it... Maybe when Japan gets up.
Namworld: Shouldn't be for much longer tho
gribble: A market order to sell 3500 bitcoins right now would net 808104.7174 USD and would take the last price down to 225.9800 USD, resulting in an average price of 230.8871 USD/BTC. | Data vintage: 106.8866 seconds
Namworld: The probable new banner to replace the 1 BTC banner
ThickAsThieves: Bug are you SURE the rally is over today?
gribble: There are currently 32135254 bitcoins demanded at or over 0.0 USD, worth 14598746.1341 USD in total. | Data vintage: 25.8648 seconds
gribble: There are currently 39007.734 bitcoins offered at or under 99999999.0 USD, worth 502431927.952 USD in total. | Data vintage: 21.4332 seconds
Namworld: oh, that. Yeah
mod6: im refering to its delisting on mpex
mod6: i like rg for the most part. and I liked how he was helpful to most newbs in -otc. just too bad that bvps ended the way it did :/
jurov: https://bitcointalk.org/index.php?topic=131270.msg1786288#msg1786288 ... and lol, that C215T is in money already
dub: not that early but he had 60GH of stolen supercomputer (according to him) when most miners where <10GH
gribble: BTCUSD ticker | Best bid: 234.02395, Best ask: 235.89700, Bid-ask spread: 1.87305, Last trade: 235.89700, 24 hour volume: 107728.29325338, 24 hour low: 180.00000, 24 hour high: 240.11100, 24 hour vwap: 207.93552
Doffx: You can always count on irc to be logging your every word! :)
dub: he should still have a decent stack, used to be one of the bigger miners
dub: he was selling btc in there too
mod6: (23:08) <+rg> thats wy im here
Namworld: and price in BTC moves according to USD/BTC rate
Namworld: well the profits are in USD anyway...
mircea_popescu: bad move of all time./
Doffx: I think I should ask if he would pay me 5 more btc to have it updated.
Doffx: kakobrekla, the funny part about the bitvps is I helped him clean that add up, he paid me 5 btc and I gave 30$ usd to the artist that did it.
Bugpowder: need more capital to be flushed in
Bugpowder: unbalanced_: we have topped for the day
jurov: mircea_popescu: are you okay with me putting the "pls make calls more expesive" convo on btctalk
mircea_popescu: like... our tea! only 1.5 btc!
mircea_popescu: i love going by all these abandoned sites with btc frozen prices
gribble: BTCUSD ticker | Best bid: 234.53656, Best ask: 235.00000, Bid-ask spread: 0.46344, Last trade: 235.00000, 24 hour volume: 108850.07227890, 24 hour low: 180.00000, 24 hour high: 240.11100, 24 hour vwap: 207.55397
OgNasty: it's hard not to be making a killing when the price is going up 20% per day.
Doffx: Long time as far as this channel is concerned anyhow.
Doffx: Oh I have been around a long time, mircea_popescu has always been making a killing.
Bugpowder: Doffx: It was that way till last month
mircea_popescu: into the chan of eternal torment with you.
mircea_popescu: Doffx you shall now be exiled out of the happy chan
Doffx: I dont think hes sacrificing anything, I think hes making a killing and getting to look like the big boy at the same time.
Bugpowder: OgNasty: you still got those minirigs on order?
jurov: *reads scrollback* lol chan suddenly full of tight-assed mpoe bondholders
Lyspooner: dude's got more play in his pinky than an architect has blueprints in his balls
OgNasty: but i respect that you are more of an architect than a player.
MJR_: i think people are basically saying that the market is super biased in one direction...it doesn't take a lot of skill to guess up
mod6: i think you might want to read up on how mpex works
Lyspooner: he has the correct side on, i'm sure
OgNasty: if you think btc will be $1,000, seems odd to not take a side on that.
OgNasty: no daytrading but trendtrading sure.
mircea_popescu: you all daytraders gotta have a socket to plug your daytrading tool into
pizzaman1337: I think it's awesome, he's sacrificing for the "greater good" of bitcoin
OgNasty: i am just surprised you would take the passive approach.
Doffx: I still dont fully understand the options, I had it figured out once, but now its back to being foreign to me.
gribble: BTCUSD ticker | Best bid: 235.01000, Best ask: 236.00000, Bid-ask spread: 0.99000, Last trade: 235.00300, 24 hour volume: 108838.11631974, 24 hour low: 180.00000, 24 hour high: 240.11100, 24 hour vwap: 207.47966
Bugpowder: and don't want to see you hurt
mircea_popescu: so they have.
mircea_popescu: why shouldn't option gholders make bank if they;re right ?
Bugpowder: I have NO PROBLEM with the current state
mircea_popescu: you know, s.dice loses every fgucking month about 50% of the bets made
mircea_popescu: i don't understand why people are so aggressed at the notion speculators made money.
OgNasty: i know i personally would like to be in control of which way my exposure was swayed...
Bugpowder: if people still want to pay more for calls, you give them the option, but you just charge more for it
Bugpowder: mircea_popescu: couldn't you adjust the algorithm to take your exposure into account, raising the cost of calls if you are short tons of calls... seems like a possible way of increasing your value extraction and biasing the pricing to encourage a reduction of your own exposure, while still market making
OgNasty: i have no idea. i'm always impressed with how the idea is catching on. i heard roseanne barr owns bitcoins now.
mircea_popescu: eh, how big is this shark going to be.
OgNasty: a scary position to be in if a bigger shark comes along.
mircea_popescu: if there's not a lot of exposure i don't really care either way
mircea_popescu: if i carry a lot (a lot!) of sold calls on the book and price goes up then i can hurt. if it doesn't then mpex makes bank
OgNasty: so it's the pop that will make you smile.
mircea_popescu: i can end up either long or short BTC on that book, depending what people did
mircea_popescu: if the exposure is laerger than what bonds cover
mircea_popescu: well as a lender of last resort to the bot
OgNasty: yes. i didn't think you were passive.
OgNasty: or was it the wild swing?
OgNasty: how'd you get put in a position to lose money on an increase?
mircea_popescu: that we'll know at the end.
OgNasty: mircea: is this month going to be another painful one?
mircea_popescu: taub yeah i dare go on a limb and say it's not so common this stuff.
taub: not really fair, but i understand how it can be hard to implement
Lyspooner: i don't know, i'm trying to get julian assange sprung so we can go there together
taub: the people who came in in the end got 1.1
taub: for example that $200 bet, people who bet right at the beginning got 1.2 odds
mircea_popescu: i don't go for this famous angle so much
taub: okay bitbet like heres the deal
mircea_popescu: ya think ?
jborkl_: that would be top on my list
jborkl_: lol, you need to bang Maria Sharapove
jborkl_: next thing we will see is photos of mp with the princess of Sweden
mircea_popescu: the turks ? they'll break it
pizzaman1337: make them use BTC
mircea_popescu: too turkish
mircea_popescu: at this rate i might buy sweden
mircea_popescu: meh. i kinda like eastern europe tbh.
mircea_popescu: i don't like the beach
mircea_popescu: problem with being rich. fucking numbers on the screen
pizzaman1337: what do you do with all that anyway?
jborkl_: shit, mp you could buy a couple good hookers with that
mircea_popescu: !ticker these beenz are shit
kakobrekla: well i made shit compared to that.
mircea_popescu: if these numbers are to be believed
Doffx: The whole pirate, glbse nonsense made me shy away for a while too.
kakobrekla: its been hard to go bankrupt latley
Doffx: I need to put more effort in to it.