log☇︎
939600+ entries in 0.657s
mircea_popescu: there was a guy on the forum servicing a long term btc loan
jcpham: i bleedb money though
jcpham: so it's a hard loan to me financially
jcpham: anything you could have bought over the last year, other than btc, you lot money on technically
jcpham: good chance of digging out of the hole by staying in btc
mircea_popescu: most of that's unmoved.
mircea_popescu: i didn't. teh original mpoe bonds got like 9500 or so btc
jcpham: if you converted it to fiat you are fucked
jcpham: pretty difficult to repay that
[\\\]: he started with the highest rated people
kakobrekla: that was happening on the chans
kakobrekla: but im thinking
kakobrekla: perhaps i did it a couple of times too
kakobrekla: dunno he gets banned all the time everywhere
smickles: what did you do to piss off supadupajenkins?
kakobrekla: was trying to avoid that supa guy but eh i guess it was inevitable
gribble: WARNING: Currently not authenticated. User kakobrekla, rated since Fri May 13 15:50:53 2011. Cumulative rating 89, from 55 total ratings. Received ratings: 54 positive, 1 negative. Sent ratings: 57 positive, 1 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=kakobrekla
mircea_popescu: anyway, too much excitement for one day. catch y'all tomorrow
gribble: Next difficulty estimate | 6675621.2732 based on data since last change | 7300703.18663 based on data for last three days
DeaDTerra1: We are up and running tournament at sc2bt.com, Join us for a couple of games of starcraft with BTC prize pool :D
gribble: There are currently 6216.5875 bitcoins offered at or under 79.94 USD, worth 483397.146716 USD in total. | Data vintage: 0.0021 seconds
gribble: There are currently 36901808 bitcoins demanded at or over 0.0 USD, worth 6991511.75172 USD in total. | Data vintage: 0.0205 seconds
gribble: BTCUSD ticker | Best bid: 74.20000, Best ask: 74.25000, Bid-ask spread: 0.05000, Last trade: 74.25000, 24 hour volume: 78120.01656022, 24 hour low: 69.51777, 24 hour high: 78.00000, 24 hour vwap: 73.67017
kakobrekla: and then foreach commands
mircea_popescu: yeah, but it'd just need more code to decide if you've got lines or wtf.
kakobrekla: can i do a few CANCEL|N in several lines and signcrypt that?
smickles: kakobrekla: i just use threadding in my code
mircea_popescu: there's no real advantage to multiop
kakobrekla: is there a manual for it
kakobrekla: oh and i was just about to bug mp one of these days to add multi op
jborkl: holy shit transactions are slow to get into blocks today
Bugpowder: i do too, occasionally.
smickles: all the f-ing time. I can't be the only one
smickles: ya know, i throw about 12 commands at mpex all at once
mircea_popescu: jurov the way i figure it, either attacker is defeated and depressed or else we see a new blast in a week or two.
deadweasel: oh, thx mircea_popescu
mircea_popescu: see the notes, calculations explained in there.
deadweasel: ok, i think I see.
deadweasel: oops, divided by the 24hrvwap
Bugpowder: so exercise only makes sense if you have >>1000 contracts and want to dump fast, or the bot is down (last 24 hrs of the month).
Bugpowder: though the MPOE bot always pays a time premium over the current 24hprc with its bids
Bugpowder: yah, you need 24vwap to hit 80.3 to make a profit from exercise
Bugpowder: so current ask on the 750s is .66
Bugpowder: by spot I mean last trade.
gribble: BTCUSD ticker | Best bid: 75.95000, Best ask: 76.27129, Bid-ask spread: 0.32129, Last trade: 75.60270, 24 hour volume: 73639.35968273, 24 hour low: 69.25000, 24 hour high: 78.00000, 24 hour vwap: 73.57049
smickles: in the money (if that's what you're asking)
Bugpowder: depending if you believe 24hprc is going to go to the spot
Bugpowder: so the option is potentially underpriced
Bugpowder: but the spot price is ITM
smickles: right now, it's out of the money tho
Bugpowder: you could exercise it for (24vwap - $75) / 24vwap till midnight friday
deadweasel: so if I bough that, I could buy BTC at 75$ up til friday?
deadweasel: O.BTCUSD.C750T -- if I bought one of those, what does that mean?
Bugpowder: I dunno... lots of micro txns.
mircea_popescu: i think there's more load on mpex than mtgox atm.
mircea_popescu: Bugpowder you don't see the stat/cancel/bid cycle
Bugpowder: compare with the same order load
ThickAsThieves: must not be enough incentive for gox to fix the problem
deadweasel: mircea_popescu: is that what you are doing with the OIX?
smickles: deadweasel: bitfloor was doing that, but people lost confidence in it after a theft
deadweasel: the answer feels like it's going to be obvious........
jurov: deadweasel yes there is something like that already ;)
gribble: There are currently 2614.6875 bitcoins demanded at or over 70.0 USD, worth 184818.944829 USD in total. | Data vintage: 10.4289 seconds
gribble: There are currently 5535.7599 bitcoins offered at or under 80.0 USD, worth 438703.38709 USD in total. | Data vintage: 0.0019 seconds
deadweasel: so normal exchanges have high speed connections to hig profile brokerages. These things don't break like this. There is in opportunity to improve this.
Bugpowder: That selloff was from half the wall at 80 selling to market :)
Bugpowder: couldn't even trigger the OH NOES cartoon on bitcoinity
mircea_popescu: i wonder if this'll ever get old.
gribble: BTCUSD ticker | Best bid: 76.00000, Best ask: 77.01000, Bid-ask spread: 1.01000, Last trade: 75.50000, 24 hour volume: 73639.35968273, 24 hour low: 69.25000, 24 hour high: 78.00000, 24 hour vwap: 73.57049
mircea_popescu: Bugpowder i been sendin' tips.
mircea_popescu: nah, there won't be a buyout
Bugpowder: you should send a tip to Cramer
Bugpowder: propping the price with the ole buyout rumor...
mircea_popescu: one way to eat everyone's cake, seeing how coinbases of the world can't compete.
mircea_popescu: mpex happens to be the PERFECT way for a bank to develop it's own in house btc-fiat trading system
ThickAsThieves: smell the offers?
mircea_popescu: it's getting to where im starting to smell the offers tbh.
mircea_popescu: sounds pretty good to me.
mircea_popescu: "close to 30 million usd notional trade this month"
Bugpowder: this BTC price is really tough for S.DICE to overcome though. But its good for MPOE
Bugpowder: mircea_popescu: I suspect we will see a rotation out of S.MPOE this month.
mircea_popescu: TomServo seems like trollish nonsense to me.
gribble: BTCUSD ticker | Best bid: 76.60000, Best ask: 76.74999, Bid-ask spread: 0.14999, Last trade: 76.60000, 24 hour volume: 73428.60406774, 24 hour low: 69.20000, 24 hour high: 78.00000, 24 hour vwap: 73.54512
deadweasel: anyway, i'll deal with being a money transmitter if I ever need to.
deadweasel: Although I've never lived more than a few hours drive from either canada or mexico
deadweasel: so, 10BTC per day ;) I'll go re-read that.
Bugpowder: but it seemed that there was some conflicting language
Bugpowder: I read it that if you keep sales to < $1000 day its ok
deadweasel: i'd have to re-read, I thought any amount into USD.
deadweasel: course at that point aren't supposed to abide by the FinCen guidlines, you would be money transmitter..
jurov: but the point is doing by localbitcoins isn't so big hassle
TomServo: Anyone know the story on this: http://pastebin.com/Cxd64VtV ?
jurov: ofc, i prefer to do it via bank anytime possible
kakobrekla: until the banks are closed
kakobrekla: well the problem that im seeing now is if banks close its harder to liquidate coins
jurov: amirite, tiberiusiv?
jurov: and still... certain people freaked out about notion to convert all fiat income into btc
mircea_popescu: won't happen again one off thing i mean one off thing each country i mean monthly from now on
smickles: back to 77, eh?
Bugpowder: that is the question