938000+ entries in 1.112s
jurov: it's clearly more
than nothing
MJR_: meaning more merchants are starting
to get into
this space
MJR_: yes...and doubled
the payments processed
MJR_: so
that would be double
MJR_: vendors are slowly starting
to accept
them
MJR_: just saying
they are growing
MJR_: BitPay processed 2 Million dollars worth of
transactions for VENDORS
MJR_: Bugpowder: it is way
too hard
to come up with something creative, let's just detract from
the good
that is going on
splnkr: the best investment strategy is
to
tell people in IRC
the opposite of what you believe
to be
true
jurov: don't lol.
they can indeed launder some of
the bitcoins disguised as
t-shirt operation
Bugpowder: tiberiusiv: what do you see as
the right investment / speculative play in
the btc space right now?
Bugpowder: anyone had
trouble getting over 1 wire a day from fast cash.
total >$10l
splnkr: and
the world can't even properly discuss climate change; i don't see
that
they could execute a destruction of
the bitcoin network
gribble: BTCUSD
ticker | Best bid: 86.91001, Best ask: 86.99999, Bid-ask spread: 0.08998, Last
trade: 87.00000, 24 hour volume: 74748.36316424, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 80.81460
jurov: so
these WILL use retail if available
splnkr: it's good
to be mindful of
the risk of BTC going poof due
to external factors, but I'm not
that worried…woudln't it
take a concerted, coordinated global effort
to bring it all down permanently? I'm not
talking 51% attack here
jurov: and you yourself said
they supposedly have problems
to exchange it back
Bugpowder: people will spend btc now because its an easy way
to cashout
jurov: "people will always spend fiat" Plainly not
true. Not always at least.
jurov: no your point seems
to be "retailers wont evar"
jurov: well, don't
tell
this will stay so any extended period
jurov: than
to go
to walmart and risk doxing and being catched on camera
jurov: and for
them it's better
to buy
things directly for btc
jurov: anyway, all
the runners,
that's a mass market already
jurov: shoulkd
that happen
deadweasel: profit first,
they get engineers
to build half mile
tunnels underneath
the border,
they will force Nerds
to handle
their BTC
jurov: tiberiusiv if it will be useful for
them avoid hassle of exchanging
the bills
to bitcoins,
they'll drop
their customs quickly
Namworld: I can do
that, but what kind of rates are
they used
to?
Chaang-Noi: when btc reaches $10,000 im pretty srue im going
to by my own cartel
jurov: and it's usefult
to
them
to use bitcoins on all levels down
to
the street
Namworld: What? I'm not
too busy for
that.
jurov: if "the cartels" are using it,
then it's clearly more
than a small group
jurov: if
there's money, retailers will come
ThickAsThieves: well
these people know me, i have
to make sure
they are
treated ok
jurov: tiberiusiv i agree
too. but you aren't
telling normal retailers what
to do
deadweasel: yeah, i can agree with you
there -- going off
the Internets history, it follows.
Chaang-Noi: once
the mob learns about btc we will go
to $100,000
tc
Namworld: Wether because
they need growth capital, are retiring or simply
to reduce market exposure/risk.
jurov: tiberiusiv but
that has nothing
to do with bitcoin
jurov: as happened
to many enterprises already
jurov: phew. someone steals
their wallet and
they'll clamor
to list quickly
jurov: okay, you made
the sales pitch. so what are we
to do with SR?
jurov: Chaang-Noi: yes MPOE uses
that one
jurov: ^ another myth yet
to be proved
jurov: not hassle with
tor
deadweasel: so all
T options expire on Friday. But
their price is going
to vary based on VWAP, which is going up every second I babble here....
jurov: tiberiusiv yes and? drug scene in your city has more users
that a bank,
too
gribble: There are currently 1053.2444 bitcoins demanded at or over 85.0 USD, worth 89853.9093844 USD in
total. | Data vintage: 27.9878 seconds
jurov: oh
tibby on limb again
gribble: There are currently 4816.7931 bitcoins offered at or under 89.8 USD, worth 425118.737376 USD in
total. | Data vintage: 0.0017 seconds
jurov: forex is
the same
thing. just considered legal.
gribble: There are currently 36656711 bitcoins demanded at or over 0.0 USD, worth 9714666.78044 USD in
total. | Data vintage: 119.6155 seconds
jurov: tiberiusiv but most of fiat is gambling,
too
jurov: but its owner suddenly got an idea it's better
to get employed
jurov: tiberiusiv ,BitVPS was quite profitable,
too.
gribble: There are currently 1452.6593 bitcoins offered at or under 87.61 USD, worth 126503.501188 USD in
total. | Data vintage: 0.0015 seconds
Chaang-Noi: so in 100 good months
they break even :)
jurov: <tiberiusiv> jurov i very much doubt
that, whale
to you is 100btc. <<< lol, now how did you came
to
that conclusion?
Namworld: Those people are risking
their funds for a %
kakobrekla: is gonna be like 40 or 50 btc
this month i
think (estimate)
Bugpowder: if MPOE survives without a loss
this month, it will bounce
to 0.00075
Namworld: Chaang-Noi: MPOE income comes from % on
trading...
Chaang-Noi: wont
they loss
their ass on options
this month?
Bugpowder: Actually,
the best play right now looks
to be buying S.MPOE
Namworld: Use it, it's useful. Better on chrome
tho, other browsers
tend
to drop websocket connection a lot more.
MJR_: hehehe, i decided
to
take a break from
trading
too...just lending now
Bugpowder: 90% of
the
time,
the best
trade is
to do nothing
Bugpowder: If I were actaully going
to buy anything
though, I would do it
deadweasel: tiberiusiv: i would
tend
to agree, as I believe
this is
the ceiling for
the day.
MJR_: Bugpowder:
they were pretty expensive
Bugpowder: If
the bot was still offfering C750Ts, I would buy
them
Bugpowder: particularly when
the spread is 30% on
the bot
deadweasel: bug, if you were
to buy an option right now, which one would you buy?
Bugpowder: in btc options, I
think it can be a winner
Bugpowder: long
term options
trading in real financial markets is a loser for
the retail investor
Bugpowder: I lost plenty of money
trading options in 2007-2009
Namworld: Anyway, I'm pretty much doing
this full
time by now...
Namworld: I still believe
this is going
to crash. I'll still have puts each month ready.
Bugpowder: this month looks like people are actually going
to come out on
top
jurov: tiberiusiv,
there were some whale bears
that
tried
to move mkt down and cash out options.. but
they failed