log☇︎
936200+ entries in 0.666s
MJR_III: oh...but if THEY RISE IN VALUE YOU ARE A dumbass to short
MJR_III: yeah...you are totally right tiberiusiv i can't make money selling at 97 and covering at 80
MJR_III: hint: if you are shorting, you expect price to go down
MJR_III: were you going to short for a year?
MJR_III: well...you have access to the liquidity
MJR_III: bitfinex connects to gox
copumpkin: it's not like shares that are much harder to borrow
MJR_III: um...since they connect to gox
copumpkin: you short by finding someone to lend you coins
MJR_III: and then you sell them
MJR_III: all you need is to borrow bitcoins
MJR_III: go to bitfinex
MJR_III: also...bitfloor has not had these issues...they didn't have a huge dropoff and they have maintained the price...mt gox injects a ton of uncertainty into the market with their horrible matching engine
MJR_III: why don't we just mail our orders to gox
MJR_III: fucking bullshit though...minutes of lag
copumpkin: it's just that it isn't very prevalent
MJR_III: well...say goodbye to another bunch of weak hands i guess
gribble: BTCUSD ticker | Best bid: 90.00000, Best ask: 90.04900, Bid-ask spread: 0.04900, Last trade: 90.00000, 24 hour volume: 155899.94157540, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.21739
gribble: There are currently 21738.811 bitcoins offered at or under 99.9 USD, worth 2076585.24429 USD in total. | Data vintage: 35.6864 seconds
gribble: There are currently 24555.229 bitcoins offered at or under 100.0 USD, worth 2358207.51086 USD in total. | Data vintage: 0.0027 seconds
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation: http://gribble.sourceforge.net/
gribble: BTCUSD ticker | Best bid: 87.73000, Best ask: 87.75000, Bid-ask spread: 0.02000, Last trade: 87.73000, 24 hour volume: 155699.24992401, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.21684
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {mtgox(ask|bid|last)} to index price to mtgox ask, bid, or last price. May also include (1 more message)
Bitdragon: Who are you are talking about?
kakobrekla: in short, they are slow, the steal via fees since ever, tiny amouts but still and is run by kids with css skills, also trading interface is fcuked, you need 3 or 4 tabs - have fun
kakobrekla: many reasons, dont have the time to get into that again
gribble: BTCUSD ticker | Best bid: 86.50000, Best ask: 86.87137, Bid-ask spread: 0.37137, Last trade: 86.87137, 24 hour volume: 153284.13060894, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.23528
kakobrekla: stamp is lame too
Ukto: btw smickles: BF has topped 2,300 BTC 24hr vol :)
gribble: There are currently 27577.248 bitcoins offered at or under 100.0 USD, worth 2628721.38478 USD in total. | Data vintage: 0.0246 seconds
gribble: BTCUSD ticker | Best bid: 85.20000, Best ask: 85.39000, Bid-ask spread: 0.19000, Last trade: 84.99989, 24 hour volume: 146197.46407703, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.31167
gribble: BTCUSD ticker | Best bid: 84.63439, Best ask: 84.80000, Bid-ask spread: 0.16561, Last trade: 84.80000, 24 hour volume: 144582.26393633, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.34194
MJR_III: also...i don't think that the charts are keeping up
MJR_III: what was the low?
smickles: heh, bitcoin is good for that every once in a while, gox just makes it worse
benkay: i should start keeping fiat on gox for these events
benkay: retrace to seventy five and then flat back one day? two?
benkay: quite the crash this afternoon, eh gentlemen?
gribble: There are currently 45195.463 bitcoins offered at or under 200.0 USD, worth 5025968.47558 USD in total. | Data vintage: 0.0038 seconds
gribble: BTCUSD ticker | Best bid: 87.50002, Best ask: 87.78000, Bid-ask spread: 0.27998, Last trade: 87.50001, 24 hour volume: 138377.72130273, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.42466
gribble: There are currently 8026.3054 bitcoins offered at or under 95.0 USD, worth 746419.333104 USD in total. | Data vintage: 7.7048 seconds
gribble: There are currently 2084.7938 bitcoins offered at or under 92.0 USD, worth 188350.163298 USD in total. | Data vintage: 0.0017 seconds
gribble: BTCUSD ticker | Best bid: 87.99999, Best ask: 88.00000, Bid-ask spread: 0.00001, Last trade: 88.00000, 24 hour volume: 136246.06886715, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.41623
Bowjob: look at this buying power
Bowjob: isnt it ian bakewell's moment of truth
Namworld: I think it's mostly based on amount of inputs... but yeah, kind of
jurov: so armory seems to account for that?
mircea_popescu: the day i save on a dime is the day i pack up the harem and retire on mars.
jurov: um... i hear someone asking about bachelor thesis?
jurov: The necessary fee on your tx is well predictable, if anyone minded to analyze the unconfirmed txs statistically
Namworld: Well that's a lot cheaper than PayPal
jurov: 0.0001 is too small as i found out myself yest
Namworld: Feeless transactions confirm faste >.>
jurov: ironically, im certain the bitcoind on my machine knows that.. but getting the number out of it...
jurov: is there an api for # of unconfirmed txs anywhere?
Namworld: my transaction just ain't confirming...
asciilifeform: if every time you carry out a transaction God transmitted it to every BTC user simultaneously, this scenario would not apply. But this isn't how the network works.
asciilifeform: jurov: the whales move unmolested now, because nobody (AFAIK) is operating a massive "BTC telescope" for the purpose of front-running.
mircea_popescu: kinda cool that mpex's addy starts with 1Fx
Bowjob: I got the TX working
jurov: asciilifeform: how? whales move in and out of 1Fx.... all the time
asciilifeform: (replace "exchange" with the ultimate destination of MP's 1 MegaBTC.)
asciilifeform: a clever fellow could observe the parcel changing hands before the price on the exchange moves
asciilifeform: ok strike that. but imagine you were to actually spend a large parcel of your coin on something - anything.
asciilifeform: mircea_popescu: when you push "return", 1 BTC is worth 1 Marscoin. But before the transaction goes through, 1 Marscoin will be worth 1000 BTC. Because front-runners...
gribble: BTCUSD ticker | Best bid: 88.20002, Best ask: 88.34000, Bid-ask spread: 0.13998, Last trade: 88.20002, 24 hour volume: 131782.34304095, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.35351
asciilifeform: mircea_popescu: one day you'll cash out your 1 MegaBTC to buy Marscoins, to fly your harem to Mars and retire there...
mircea_popescu: probably difficult to digest, but i don't. i'm strictly interested in thinking things through and implementing them correctly.
Bowjob: Do we have technically minded people here?
asciilifeform: mircea_popescu: BTC is your playground, too. presumably you like to win rather than lose.
asciilifeform: mircea_popescu: it is far more interesting when a clever fellow thinks he is all that, and you show him better.
jurov: all in all, watching another feeble and desperate attempt by humanity to reinvent itself.
mircea_popescu: this is like people stumbling and landing on their face in public imagining "everyone saw". nope. nobody gave a shit.
mircea_popescu: so some idiot thinks he's the bee's knees and you show him better.
asciilifeform: mircea_popescu: right now, nobody. after the fact, everybody.
asciilifeform: mircea_popescu: esp. fun when you phuck the people who think they're unphuckable
mircea_popescu: we have to come to a discussion of boring, because on the straight motivation factor this makes no sense.
asciilifeform: mircea_popescu: ASICs are boring because they're a straight competition of fiat bank accounts (with the possible exception of the sneak-an-SHA256-engine-on-a-commercial-die idea)
mircea_popescu: seriously, there's so much free space for white hatness that you'd have to be quite insane to bother with darkhatness.
mircea_popescu: one that's not run by retards who apparently can't get 20kw installed in one place or whatever the fuck.
mircea_popescu: they'd be making about 10x that by... i dunno... making an asic run.
mircea_popescu: if somebody is smart enough to implement evil colluding front trading,
asciilifeform: mircea_popescu: if you carry on with the assumption that you are the only thinking man in BTC, you will come to no good.
mircea_popescu: we're not that lucky.
mircea_popescu: and you want me to believe anyone actually thinks ? get out for srsly.
asciilifeform: mircea_popescu: most Americans can't tie their shoes. Doesn't stop the remaining ones from, well, buggering the planet raw.
mircea_popescu: miners have yet to figure out wtf hedging is and how it works, in spite of it being explaiend on trilema, diff futures being available etc.
mircea_popescu: the devteam doesn't know which side is up sufficiently to test its own code.
mircea_popescu: asciilifeform dude. bitcoin people don't have the intellectual wherewithal to wipe their own nose.
asciilifeform: bigger and better evil theory: a network of colluding BTC nodes is front-running trades.
gribble: BTCUSD ticker | Best bid: 85.79006, Best ask: 85.79668, Bid-ask spread: 0.00662, Last trade: 85.79668, 24 hour volume: 127719.97605760, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.39194
Bowjob: i sold some to topace
asciilifeform: They do What They Must, Because They Can (tm)
asciilifeform: easy & fun explanation: mtgox is front-running trades.
Bowjob: nam. what happens to it then
Namworld: I got one that's there and another that's not showing up
Bowjob: I can't find my tx on the block
asciilifeform: who wants to be the first to set up a trading bot that counts irc/www BTC chumps and adjusts trading strategy accordingly?
gribble: BTCUSD ticker | Best bid: 86.10002, Best ask: 86.48900, Bid-ask spread: 0.38898, Last trade: 86.10002, 24 hour volume: 127589.30954445, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.39577
Lyspooner: taub, the last time bitcointalk set a new record, the bubble burst