log☇︎
933100+ entries in 0.639s
ChaangNoi: oh tiberslav
KRS1: i imagine it might be hard to unload all that btc for currency
ChaangNoi: see that is just a good problem to have, be able to lose that much and stil be like whatever
mircea_popescu: o that guy
ChaangNoi: well they are giant compared to tiberslav, i doubt im at your level
mircea_popescu: phat wallets ?! when did that happen.
ChaangNoi: for some lolz go check the nmc price on btc-e
ChaangNoi: i clearly dont need to go back to econ 101, i ahve the phat wallets to prove it:)
Bugpowder_: It took $2M total volume to >2x the price
ChaangNoi: econ 101, try that
ChaangNoi: im pleased to see this but really, gox is just going to make the price jump more
ChaangNoi: i have traded btc for ltc for over a yeay and had all my ltc paid for so i just held to see what would happen
Bugpowder_: but I just don't want to get off the BTC train
Bugpowder_: I almost pulled the trigger this morning
Bugpowder_: also, it didn't take 20MM off the cap
Bugpowder_: its hard to get USD into BTC-e, so most is probably BTC buyers
ChaangNoi: you think it will get to the $20s?
ChaangNoi: bugpowder once ltc is listed on gox i see ltc tradeing in the $15 range soon
Bugpowder_: let's be serious here. People are so desperate to get in on something 'cheap' that might explode in price, they are driving up another spec bubble in litecoin
ChaangNoi: lol you think that 20 million only came from btc and not fiat? lhahahalolhaha
ChaangNoi: its like if there was only the usd then lulz but cuz other fiat too they all gain
ChaangNoi: ltc adds to the value of btc:)
smickles: well, not that i'm well versed on the topic, but ... oh
smickles: you really wanna start talking about set theory mircea_popescu ?
smickles: the lag will be made worse by expanding the product line
ChaangNoi: in the 40 to 75 cent range, and i thought i was doing well at the time, lol
smickles: mod6: naw, not really, i just wanted the seen command to repeat your last line again :)
mircea_popescu: ChaangNoi tell me about it. im sorry i got out
ChaangNoi: i would have never expected ltc to go up this fast, its crzy
gribble: BTCUSD ticker | Best bid: 103.10001, Best ask: 103.70000, Bid-ask spread: 0.59999, Last trade: 103.70000, 24 hour volume: 92564.85061965, 24 hour low: 92.23610, 24 hour high: 106.00000, 24 hour vwap: 100.26209
ChaangNoi: oh, its a chart of the bet
ChaangNoi: kako that a price and asks chart?
mod6: and: WHAT THE FUCK IS THE INTERNET << http://youtu.be/h5tcAXMDxfY
ChaangNoi: oh, i dont know about the bitbet
mircea_popescu: if it never crosses that bitbet is going to be a pain
mod6: http://youtu.be/x4-ChcL6Pzo << I AM THE CLIT COMMANDER
mircea_popescu: but on puts i don't think it'll ever be doable.
mircea_popescu: it's easy enough for calls - those always give you exactly the btc
mircea_popescu: well if you need 1 contract granularity there's a problem
smickles: as it is now, i have that risk, and it's still unquantifiable :o
smickles: i don't mind a rounding error, but i'd like to be able to ensure i'm on the 896 side w/o risking going to 897
smickles: < mircea_popescu> <smickles> "1.0 BTC for 0 O.USD.P086T" << you're kinda misusing that. it's not really intended to do 1 contract at a time. do 1k. <<< i'm not sure i'd want to do 1k if i can't predict what i'm going to get out of it
mircea_popescu: so basically the reason russians are so weak in btc is that for whatever reasons they've decided to move to ltc at some point ?
kakobrekla: any time now
kakobrekla: too bad that wasnt a late bet :p
mircea_popescu: ahahaha tell you waht... if it fizzles now...
mircea_popescu: anyway. just a theory.
mircea_popescu: jborkl i dunno, but more fakes are sold than original.
mircea_popescu: in fact the costs of maintaining your metabolic health on junk food are about 2x what you'd pay if you just ate cooked stuff.
mircea_popescu: except tv dinners aren't really just as good as actual food.
mircea_popescu: "by buying tv dinners which are just as good as actual food, i only pay $5 instead of $50!!11"
kakobrekla: trading higher than 'long' established LTC
kakobrekla: wit the alts?
mircea_popescu: they will basically spend 2x to buy some ersatz of anything just as long as it's niominally cheaper.
mircea_popescu: i think the driving force here is just how poor / desperate americans are.
kakobrekla: nmc doubled today
Namworld: did everyone up the % they ask on deposits?
mircea_popescu: hm dub wtf is that
Namworld: there's some high fees on the options this month...
mircea_popescu: <smickles> "1.0 BTC for 0 O.USD.P086T" << you're kinda misusing that. it's not really intended to do 1 contract at a time. do 1k.
mircea_popescu: <smickles> one could've seen this recent loss coming before anyone else, and not been able to do anything about it << of fucking course. that is the point of it, you have to actually provide the service, as a bondholder.
mircea_popescu: the result was that everyone else defaulted.
mircea_popescu: ;;later tell thestringpuller yea, the MPCDO stuff tried to.
mircea_popescu: <jurov> mod6 is commanding clit, don't disturb < lmao. o gawd, best comedy show in town this chan.
mircea_popescu: ha! BitBet has resolved ~400 btc worth of bets this month so far.
mircea_popescu: <mod6> I AM THE CLIT COMMANDER << ahahaha
kakobrekla: in less than 3 months
ThickAsThieves: didnt quite make it to .02 :(
ThickAsThieves: Get ready to close the BitBet :) http://bitbet.us/bet/297/litecoin-surges-to-02-bitcoins-per-litecoin
dub: sent from 1Fuck to the btcentral addy
jurov: 0.001 -> 0.0005 + 0.0005 txfee
mpexbot: smickles: 997 unconfirmed transactions. Oldest dated: 2013-03-30 20:00:57
gribble: There are currently 35053741 bitcoins demanded at or over 0.0 USD, worth 9955250.10568 USD in total. | Data vintage: 0.0094 seconds
gribble: BTCUSD ticker | Best bid: 104.00001, Best ask: 104.33999, Bid-ask spread: 0.33998, Last trade: 104.00000, 24 hour volume: 90714.89784916, 24 hour low: 92.23610, 24 hour high: 106.00000, 24 hour vwap: 100.05563
gribble: A market order to sell 30000 bitcoins right now would net 2811151.8105 USD and would take the last price down to 90.0000 USD, resulting in an average price of 93.7051 USD/BTC. | Data vintage: 12.6458 seconds
gribble: There are currently 30415.187 bitcoins demanded at or over 90.0 USD, worth 2848518.63728 USD in total. | Data vintage: 0.0072 seconds
gribble: There are currently 10674.488 bitcoins offered at or under 110.0 USD, worth 1149842.29518 USD in total. | Data vintage: 0.0012 seconds
jurov: no it's marketing campaing to promote idiff futures :D
Diablo-D3: is this some april fools joke I missed?
Diablo-D3: why do people think BFL is actually shipping?
jurov: ah, not that.
smickles: jurov: so you know the volatility impact on SPLIT insurance addition to strike/spot?
smickles: kinda funny how many of those i have
jurov: smickles, if you can't afford to license coinbr code, maybe we can think about alphatesting an api
smickles: so far this month, i've put at least 24 btc to surety for absoluty nothing
kakobrekla: apparently its a russian thing
jurov: these things
smickles: but there are still, even now things to be sorted out with mpex interaction
smickles: and i'd like to take funding for for soebot, since most of the time it just sits there and says, I need more X
kakobrekla: how come that scammy nvc is trading higher than ltc
jurov: but i'm asking how the bot comes to picture
jurov: yea, some sold at 0.9, that is possible already
smickles: but if you had mpbpt instead, there is at least the possibility of selling when you see a bad cloud
jurov: that's problem inherent to mpex.. so that cover must be kept until the end of the month
smickles: one could've seen this recent loss coming before anyone else, and not been able to do anything about it
smickles: well, part of the problem with mpbor is that it takes so long to enter and exit positions on it
smickles: that's a bit of an improvement there
jurov: you would be able to buy/sell against MPBPT orderbook on BF
jurov: suppose that yes.
smickles: jurov: could i not buy it and sell it partway thru the month tho?