log☇︎
939400+ entries in 0.66s
mircea_popescu: or w/e banking locatyions there are in the sepa zone.
tiberiusiv: without having to deal with charlie shrem and bitinstant
mircea_popescu: in about two million.
tiberiusiv: only downside is its mostly catering to canadians at this point
mircea_popescu: bitcoin-central does the same thing really.
tiberiusiv: under 2hrs to fund in canada, and same day withdrawls
tiberiusiv: so far cavirtex is the fastest withdraw/deposit exchange available
tiberiusiv: cavirtex fees will be down alot by the end of the year
pigeons: i had a guy tell me yesterday he wanted to deposit cad with weex but was afraid since the market was so thin, he'd have to pay the 4.50$ withdraw fee
pigeons: Ukto: you need to get some of that market
pigeons: wait they charge 2% on the btc side of the trade?
pigeons: we've seen what that's worth
tiberiusiv: pigeons: they have to be audited etc.
Namworld: That too...
tiberiusiv: pigeons: virtex is real canadian shares though
Namworld: if that's 10% per year, than price should be at least 0.73
Namworld: but assuming a minimum of 1k BTC traded daily and average of 2% fees.
Namworld: but people pay a good price/income on there
Namworld: well there's only 2 cases other than SDICE... not really representative...
Namworld: pigeons, remember that most stuff on Havelock go to 10% or under per year
gribble: There are currently 36697360 bitcoins demanded at or over 0.0 USD, worth 8718811.60498 USD in total. | Data vintage: 0.0179 seconds
Namworld: Let the price flash crash to 0.01 USD per BTC (MtGox hax #2)
Bowjob: well if btc crashes to 31, ian will turn legit
Bowjob: in the form of flash crashes
Namworld: I could sell them into the 2 satoshi bids...
Bowjob: eh, im in this for the long haul, let the bears have their fun
Namworld: I got puts at 31 from the beggining of the month >.>
Namworld: But I want price to crash
Namworld: I could see us reaching 100... or at least hitting against the resistance there.
gribble: There are currently 9697.4468 bitcoins offered at or under 80.0 USD, worth 761706.200795 USD in total. | Data vintage: 3.0644 seconds
gribble: There are currently 10614.009 bitcoins demanded at or over 70.0 USD, worth 759660.325336 USD in total. | Data vintage: 0.0074 seconds
gribble: BTCUSD ticker | Best bid: 75.00002, Best ask: 75.51612, Bid-ask spread: 0.51610, Last trade: 75.51612, 24 hour volume: 80957.53550534, 24 hour low: 70.78624, 24 hour high: 78.00000, 24 hour vwap: 74.64243
ThickAsThieves: My first day trading options on MPEX and I'm up 22.5%, heyo!
tiberiusiv: mpex's only "edge" so far is its dominance of option trading
tiberiusiv: you can make all the statements you want mp, facts speak for themselves and mpex has 1 firm on it that is not related to mpex.
mircea_popescu: and you can't manipulate me into it either, simply because of the size differential.
mircea_popescu: this isn't a school setting and you're certainly not the clever kid in the class or anything.
tiberiusiv: really they are wrong? like mtgox losing market share for 2 years?
mircea_popescu: with the expectation someone will argue you into sense.
mircea_popescu: listen, you have this broken approach to learning whereby you make definitive statements that are both wrong and uninformed
tiberiusiv: btc companies work for short time periods before competition becomes intense
tiberiusiv: theres also been countless gold transfer firms that have busted too
tiberiusiv: same thing applied to gold
mircea_popescu: lol ThickAsThieves
tiberiusiv: i think over the longrun you will be better off just owning btc outright then btc companies
Bowjob: involved in the 0.008 transaction
tiberiusiv: or were they using asicminer shares to finance avalon orders lol
Bowjob: it was equally painful and pleasurable for the parties
tiberiusiv: and they payout what they mined
Bowjob: i remember the fiat value was about 80k usd
Bowjob: yeah so around 4k btc worth... at the time?
tiberiusiv: asicminer tanked too ?
ThickAsThieves: whats was the volume?
mircea_popescu: s.dice went to 0.008 one day just so.
mircea_popescu: yeah, well, prices vary a lot more than that for a lot less reason.
ThickAsThieves: which are you refering to?
tiberiusiv: thickasthieves: no it was just interesting to see the stock price react
ThickAsThieves: what is your point tib? that mpex must bow to havelock?
tiberiusiv: how when most of the shares are still for sale
mircea_popescu: for the record, bitbet is a tiny corp and collected something like that.
mircea_popescu: you were just born last night so you think this morning is "the best morning to date".
tiberiusiv: mircea: well, it would have been nice that the higher quality issuances use mpex
tiberiusiv: i dont even think sdice sold out that fast
tiberiusiv: cavirtex may have been the most successful ipo to date?
mircea_popescu: what, thre's some golden rule that all ipos must happen on mpex or something ?
tiberiusiv: mircea_popescu: i think mpex shares declined due to missing out on the cavirtex ipo
mircea_popescu: tiberiusiv did you read the oix article ?
tiberiusiv: you never have anything to debate
ThickAsThieves: sry that was called for
tiberiusiv: options tend to expire worthless
tiberiusiv: mp: are you under the assumption options tend to predict the future?
Bowjob: or we just go straight to july
Bowjob: i wonder if there's gonna be a bet before may 1st avalon
gribble: BTCUSD ticker | Best bid: 75.60501, Best ask: 75.69800, Bid-ask spread: 0.09299, Last trade: 75.60500, 24 hour volume: 80478.52504177, 24 hour low: 69.80000, 24 hour high: 78.00000, 24 hour vwap: 74.59924
mircea_popescu: anyone know the bitcoinity ppl ?
mircea_popescu: "The other factor, of course, is that Bitcoin can't be manipulated as easily as gold and silver obviously are. "
Bowjob: have them multiply
Chaang-Noi: i think im going to lose my bet thinking bfl would ship this month, lol
Bowjob: mhm, maybe its a good idea to make my own mini farm starting with 1 avalon
mircea_popescu: next thing out of my mouth was "so are you lending stock ?" but averted.
topace: hehe, worked well for the fpga's
topace: when they are sitting on my desk, HIM buys them from ME
mircea_popescu: so basically you hold the early option to 1.8th of bfl
topace: yea, starting to really bother me too.. however -- its not paid for with HIM funds
Bowjob: how much was the 1.5 minirig
topace: dating back to the first week of pre-orders
mircea_popescu: topace the pre-order is on bfl ?
topace: what we had saved to buy asics to cover 4-6 units, now will cover pretty much all 30 units we have on preorder
topace: thanks to the btc appreciation
topace: but... we also have 1.8Th on pre-order, and most of which will be paid for with re-invested earnings (so no need to issue new units to buy the units up front)
topace: when all the ASIC shit hit the fan
topace: due to the reinvestment in new fpga's
Bowjob: they are pretty silent over there, josh is just going insulting people on the forums
mircea_popescu: topace that's saner.
Bowjob: yeah thats a pretty good fund, i like it... but. dat bfl
Namworld: oh, don't tell me about it...
topace: your share is always your percent share of the total
mircea_popescu: topace those do poorly historically. what's it got, fpga ?
Bowjob: the only thing that bothers me is that you took bfl pre orders
Bowjob: same as asicminer, tho smaller