926400+ entries in 0.677s
jcpham: i
think it has 2 months of fuel left at least
jcpham: someone lit
the fuse on
the rocket a few weeks back
gribble: There are currently 33949.898 bitcoins offered at or under 99999999999.0 USD, worth 124147627774.0 USD in
total. | Data vintage: 56.7975 seconds
AndroUser2: Freaking out will only lead
to impedements ;
gribble: There are currently 32320703 bitcoins demanded at or over 0.0 USD, worth 15982219.3621 USD in
total. | Data vintage: 0.0107 seconds
jurov: options sold are half put half call by volume, really?
then it's okay, should have researched it before freaking out.
Namworld: the premium asked by
the bot is already MUCH larger
bgupta: and remember because it's $ profits as calls move more and more into
the money
they have a built in profit limiter.
mircea_popescu: ya but if you
think about it, if options sold are half put half call by volume... what's gonna happen ?
ThickAsThieves: jurov, it seems you are questioning mp for bonds you bought knowing
the same
trend already
jurov: i'm agitated about
the call part of oix :)
mircea_popescu: what are you so aggitated about anyway,
the oix is half puts
jurov: or are you sure
this is very unlikely?
jurov: two months in a row loss for MPOE bonds will cause having
to cover
them all yourself, can't we at least assume
that as a baseline?
mircea_popescu: if we knew wtf is ghoing on we wouldn't need optioons in
the fuirst place
jurov: what you're assuming
then?
jurov: i mean, isn't it so unreasonable
to assume March will possibly repeat, and do valuation adjustment?
jurov: <mircea_popescu> jurov all calls
the bot sells are short
to
the bot. <<< and
thus
to bondholders
gribble: BTCUSD
ticker | Best bid: 222.50000, Best ask: 223.00000, Bid-ask spread: 0.50000, Last
trade: 223.00000, 24 hour volume: 111105.23170259, 24 hour low: 172.13000, 24 hour high: 223.76000, 24 hour vwap: 194.02951
pgp: an alternative explanation is
that
they run
their matching engine on a commodore 64
pgp: mp: agreed gox is retarded - i'll bet
that
there system does funding check on every execution - it explains a lot and is consistent with
their press release...
gribble: BTCUSD
ticker | Best bid: 222.50000, Best ask: 223.00000, Bid-ask spread: 0.50000, Last
trade: 223.00000, 24 hour volume: 111105.23170259, 24 hour low: 172.13000, 24 hour high: 223.76000, 24 hour vwap: 194.02951
jurov: how many short calls are
there, not many i daresay.
mircea_popescu: jurov
the risk is
this : if price goes up, short calls lose money. if price goes down,
they make money.
pgp: mp: regardng gox. If I have a funded buy order and an unfunded sell order for same amount and yet another unfunded buy order unde my funded buy order,
then when first buy order gets
triggered
then sell order now becomes funded, no? and when sell gets executed
the second buy order now become funded....
jurov: MPOE is exposing itself
to undue risk, don't you
think?
gribble: There are currently 32320610 bitcoins demanded at or over 0.0 USD, worth 16067341.6473 USD in
total. | Data vintage: 53.9271 seconds
jurov: ^ mircea_popescu, but im serious. C215T may be in
the money
tomorrow as it looks
pgp: I don't... just was reading
their
t&c's...
mircea_popescu: why not do something useful, rather
than
try and squeeze pennies out of a service
pgp: i see - you've
tried,
then?
Bugpowder: pgp yes,
though during high volatility
the price gap increases
pgp: mp: I agree
they shouldn't, but if
their system is built around
the idea of allowing unfunded order
to be promoted
to funded orders,
that would occur no just when money comed in or out, but for
those making
two sided markets as well...
jurov: mircea_popescu: as a representative of bondholders i request you
to increase price on calls
mircea_popescu: keep a process on
the clearing side, just move
things in
the active bnook as funds clear
pgp: question: with fastcash4bitcoins.com, isn't
there an arb on
that 15 min window when volatility is high? kinda like a free put?
jurov: accrding
to oix, practically all calls are deep in
the money... feels sorry for bondholders
pgp: let's say
that I have funded buys and sell in gox and unfunded buys and sell, doesn't an execution on one side force
them
to check all
the orders on
the other side for same person?
Scrat: that's
the same 12 million amplified by
the new exchange value
Bugpowder: I
think
the number needs
to go up
to support
the current price
though
gribble: There are currently 32321686 bitcoins demanded at or over 0.0 USD, worth 14630014.4001 USD in
total. | Data vintage: 57.1659 seconds
mircea_popescu: then again considering
the string of insanities sturles was sprouting
the other day, it wouldn't surprise me if
they run it like
that.
Namworld: lag is not how it's supposed
to work either.
They must be doing something wrong somewhere...
mircea_popescu: just have a process move order
to active when funds clear
Namworld: Do you have funds
to fund
the order? Yes. Do you have funds
to fund
the funds
to fund
the order? Yes. Repeat process 1 billion
time on each order.
Scrat: pgp: I doubt
thats
the culprit.
that would allow anyone
to
turn captchas into gox lag
taub: >Greece is considering slapping a .162 billion invoice on Germany as compensation for
the Second World War.
jurov: and i
thought it will abandon
the parabolic(or even exponential) rise.. not yet
punkman: "Bitcoin is a
tax on people who are bad at Byzantine fault
tolerance."
kakobrekla: yeah its
true mircea_popescu, something is acting up
gribble: MtGox lag is 327.08457 seconds. During
this
time, light
travels 0.655473816059 AU. You could have sent a bitcoin from
the Sun
to Venus (0.72 AU).
mircea_popescu: not out of need, but since data should have been plotting and isn't i
thought worth
the mention
Bugpowder: where is
the cancel button on Bitcoin-QT/
kakobrekla: whats
the point of
the 1mo chart now anyway
kakobrekla: ill see whats up with
that if it doesnt
Bugpowder: should have locked it and waited
to see if
there was a dip
Scrat: ThickAsThieves: whenever
there's a rally payments stop :'(
taub: well worse
than
the
time lag is
the fact
that no data stream is working no way
to see
the order book and
trades
gribble: MtGox lag is 198.983512 seconds. During
this
time, light
travels 0.398760730118 AU. You could have sent a bitcoin from
the Sun
to Mercury (0.39 AU).
taub: cant be dealing with
this laggy exchange
MJR_: filtering legit users from spam is a lot easier
than
trying
to stop
traffic before it hits
the router (actually impossible, it'll always hit SOME network device
that you need)
MJR_: obviously, you can stop non-legit users from creating accounts by having a funding requirement of 1btc etc...too costly
to create
the accounts, and why would you want
to put all your coins into
the hands of
the guy you're attacking
jurov: MJR_, Scrat: I also have request limiter set up, caused regular users
to get 503 error
till i
tuned it up
Scrat: don't need a session id
to access say logo and css
MJR_: no legit user needs more
than 1000 logins per hour...and you only allow legit
traffic
to pull
the resource heavy outgoing data
Scrat: MJR_: it is, incoming
traffic is free
MJR_: Scrat: I need
to do more research, but it is outgoing
that will run up
the bill...you can
throttle
that based on a bunch of heuristics
Scrat: MJR_: yeah I'm not saying otherwise, but in
that case
the objective of
the attacker is
to slap you with a $100k ec2 bill
MJR_: but forcing
them
to blow up all of amazon in order
to stop you is quite a barrier
to entry
MJR_: Scrat: a million ways
to deal with
traffic, as long as your router doesn't blow up
gribble: BTCUSD
ticker | Best bid: 217.00000, Best ask: 218.50000, Bid-ask spread: 1.50000, Last
trade: 217.00000, 24 hour volume: 107667.08430243, 24 hour low: 172.13000, 24 hour high: 218.38000, 24 hour vwap: 191.89077
MJR_: Scrat: i
think btctc.co had an implementation
to stop
that, force a 3 second + redirect
to
the actual resource
Scrat: MJR_: a smart attack
targetted against ec2 would pull static assets with legit looking requests
jurov: All added
to coinbr.
MJR_: Scrat: but you will incur more costs as you bring up more servers
to handle
the CPU side of
the DDOS, I was mostly worried about
the network hardware side
MJR_: Scrat: so as long as you don't respond
to spam, you should be fine