log☇︎
932100+ entries in 0.674s
taub: hold on to your hats
mod6: yeah. everyone and their grandma wants btc
ThickAsThieves: people dont care the price
taub: signs to get out prolly
ThickAsThieves: its on regular news now, not just online or tech news
mircea_popescu: the sheeple following trends are doing a "we follow baaa baaaa" number on bitcoin
taub: even fiat flucutates against each otehr a ton
mircea_popescu: this is basically the worst attack on bitcoin from the very people bitcoin is here to slaughter.
mircea_popescu: taub death is also going to happen eventually.
ThickAsThieves: hah thats exactly the only word i could come up with earlier
taub: well that's gonna happen eventually
ThickAsThieves: for it to be both
mircea_popescu: taub not even. affraid we'll end up with a rehash of the runup to 30
ThickAsThieves: whats that mean?
ThickAsThieves: is it possible for something to be oversold and overpriced?
taub: afraid you'll have to eat a big loss again?
mircea_popescu: all i got to say
gribble: There are currently 41029910 bitcoins demanded at or over 0.0 USD, worth 9741936.25613 USD in total. | Data vintage: 7.8355 seconds
gribble: There are currently 19338.039 bitcoins offered at or under 250.0 USD, worth 3212573.62477 USD in total. | Data vintage: 7.0612 seconds
gribble: There are currently 6271.479 bitcoins offered at or under 149.0 USD, worth 865227.350584 USD in total. | Data vintage: 0.0010 seconds
gribble: MtGox lag is 0.537715 seconds. During this time, light travels 0.00107757483944 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: 127.00000, Best ask: 127.00003, Bid-ask spread: 0.00003, Last trade: 127.00000, 24 hour volume: 93833.30411689, 24 hour low: 100.15000, 24 hour high: 130.00000, 24 hour vwap: 113.90981
unbalanced__: you too
unbalanced__: It's easy in stocks for dozens of hedge funds to beat a stock price into the ground to accumulate more, if naked short selling is allowed in those markets. Here it's a lot harder to rein in a bull run, no?
unbalanced__: Other than maybe you as a call writer.
mircea_popescu: a whale doesn't have any particular interest in fighting the tape.
unbalanced__: Since I'm long BTC and crazy bullish, and aim to buy calls soon, I was just trying to suss out, how loaded would a whale have to be to turn this bull run around?
mircea_popescu: yeah. if you go over that you're basically leveraging into a short.
Bugpowder: in fiat terms
mircea_popescu: price goes to 50. your puts are now worth 2k btc. you've made 20x
mircea_popescu: you buy 1k puts struck at 100. these cost you .1 each, so you pay 100 btc
unbalanced__: BTC goes down... the puts go up... but they're denominated in BTC. So it's a wash. Or at least the river meeting the ocean?
Bugpowder: I did that
mircea_popescu: you buy the puts with btc yea
unbalanced__: Do I buy the puts with BTC? So even if the puts do well, they're just a hedge on my BTC losses?
mircea_popescu: but you will have to cover the calls you write.
unbalanced__: So if someone wants to bet on a down draft, they could buy puts.
unbalanced__: Right, I should have spoken in terms of puts/calls.
unbalanced__: There's no "naked short selling" in BTC-land, is there?
ThickAsThieves: needs a lotta bitcoins to fill those puts
gribble: A market order to sell 25000 bitcoins right now would net 2577154.7109 USD and would take the last price down to 93.1000 USD, resulting in an average price of 103.0862 USD/BTC. | Data vintage: 13.9036 seconds
gribble: A market order to sell 15000 bitcoins right now would net 1608242.7036 USD and would take the last price down to 100.2146 USD, resulting in an average price of 107.2162 USD/BTC. | Data vintage: 6.0775 seconds
gribble: A market order to sell 10000 bitcoins right now would net 1097486.2139 USD and would take the last price down to 105.0000 USD, resulting in an average price of 109.7486 USD/BTC. | Data vintage: 0.0012 seconds
gribble: BTCUSD ticker | Best bid: 117.75001, Best ask: 118.00000, Bid-ask spread: 0.24999, Last trade: 118.00000, 24 hour volume: 81957.38870023, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 108.12679
ThickAsThieves: a few days ago, I said "When I started sharing news about bitcoin, it was worth $20. Today it is worth $93." Then I got responses.
kakobrekla: and they all sucked
kakobrekla: we had those before
Bugpowder: bitcoin is about to go VIRAL!
Bugpowder: bitcoin tip app for facebook looks like its happening
sedeki: has anyone done algorithmic trading on mtgox?
Bugpowder: every time I think of buying more calls I look at them and say DAMN they are expensive
mircea_popescu: iirc they were making plans to have 12th online in january, still ain't happened.
gribble: BTCUSD ticker | Best bid: 117.00000, Best ask: 117.59822, Bid-ask spread: 0.59822, Last trade: 117.00000, 24 hour volume: 82038.36838155, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.93612
burnside: <Ukto> burnside: I send out an email every other week or so >> awesome. that's about all you can do then.
ThickAsThieves: if it does, i wont need to be making bitbets
gribble: BTCUSD ticker | Best bid: 117.80001, Best ask: 117.84400, Bid-ask spread: 0.04399, Last trade: 117.84400, 24 hour volume: 82099.72128991, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.92214
nanotube: hehe less silly than mercury.
mircea_popescu: we get solar corona all the time which is silly
mircea_popescu: so basically instead of mercury all the time which is silly
nanotube: i guess we can all root for goxlag to get to mercury :)
gribble: MtGox lag is 46.972662 seconds. During this time, light travels 0.0941326887159 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU
nanotube: well, reason or no reason, fact remains, there are no intermediate 'points of interest' :)
mircea_popescu: actually there's very good reason for the gap
nanotube: there are random asteroids and stuff, but they are small enough that they don't even have real names. :P
nanotube: so until it gets to like .2 au, closest thing will be .01
nanotube: hehe well, it does 'closest object'. and there's really nothing between coronal edge (.01 au) and mercury (.39 au)
nanotube: mercury is about 200 light-seconds away from the sun.
nanotube: because saying 'mercury' every time it's 0 would be silly.
nanotube: heh well, it's not particularly well defined or particularly smooth... but it was a good enough number to use as the 'closest thing to the sun other than mercury :)
mircea_popescu: i gueess im not up to speed on all the coronal edging
nanotube: mircea_popescu: re: sun - the solar radius is about .005 AU, and the coronal edge is about 2 solar radii away from sun surface, according to my googling. so .01 AU for light to get from photosphere to coronal edge.
dub: and submitting a sperm sample to Ukto
mpexbot: ThickAsThieves: To sign up for this service, contact smickles. Cost will be 0.01 BTC.
ThickAsThieves: plz email me with how to claim some shares
burnside: send an email out to everyone that hasn't claimed.
gribble: There are currently 3243.7238 bitcoins offered at or under 119.9 USD, worth 386165.453059 USD in total. | Data vintage: 110.3662 seconds
gribble: BTCUSD ticker | Best bid: 117.62000, Best ask: 117.63709, Bid-ask spread: 0.01709, Last trade: 117.62000, 24 hour volume: 81308.33585058, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.65591
Ukto: and that
Ukto: yup, saw that commin :P
Diablo-D3: 90 days to activate your account, or the shares will revert to DMC ownership
Diablo-D3: hrm I think Im going to make an announcement then
Diablo-D3: er, the glbse page
Ukto: theres no total field in the glbse page?
Diablo-D3: according to that number ALL accounts were activated
Diablo-D3: Ukto: I want to know how many shares are in accounts that were never activated
Ukto: the 11,579 is the max your asset can have.
Diablo-D3: Ukto: that number doesnt work because 10773 is the number of shares after Ive bought them back
kakobrekla: i wanna tshirt like that
Ukto: 10,773 total issued between bf accounts and glbse claims of 11,579 max
Ukto: held shares in bf accounts + claim accounts = total issued
Ukto: from the glbse page :)
Ukto: you can see that you know
Diablo-D3: Ukto: check how many shares of DMC are held in accounts that were never activated
sedeki: what's that?
gribble: MtGox lag is 126.458688 seconds. During this time, light travels 0.25342179485 AU, which is closest to the distance between the Sun and Mercury, 0.39 AU
gribble: MtGox lag is 80.479728 seconds. During this time, light travels 0.161280473816 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU
gribble: BTCUSD ticker | Best bid: 116.01001, Best ask: 116.10000, Bid-ask spread: 0.08999, Last trade: 116.10000, 24 hour volume: 79534.66768249, 24 hour low: 99.00000, 24 hour high: 116.40000, 24 hour vwap: 107.30148
mjr_: pgp: hey there
jurov: so, cya tomorrow. at 120 :D
pgp: the sun is opaque to light. Photons do not traverse it below the photosphere...