log☇︎
942100+ entries in 0.676s
TradeFortress: Bowjob, they probably wasted a couple of chips
MJR__: you lose some chips that don't work
unbalanced: cadbtc pegs to virtex recent history, not Mt. Gox, AFAIK
Bowjob: at this point you'd still make your investment back, though longer
Bowjob: why would they lower the guarantee rate
MJR__: 66 I thought
MJR__: yeah me too
Bowjob: im used to it
Bowjob: i never did arb from cadbtc to fastcash, seemed like a dick move
Bowjob: I actually pointed it out to topace, seems like he didn't care at the time
unbalanced: bowjob re: "cadbtc selling for 13.5, fastcas paying 14" -- thanks I had to change my pants before realizing you were talking about the good old days
Bowjob: thats slower than.. batch 1 and 2
kakobrekla: no thanks.
Namworld: probably was meant to be 1500 USD but they screwed that
Namworld: How did Ukto let that go through?
Namworld: I hope that 10 BTC was traded by the issuer to stimulate trading...
Namworld: THERE'S NOT EVEN THAT MUCH MINING GOING TO HAPPEN! >.<
Bowjob: holy fuck bitfunder if im trying to copy and paste dont close it up
mircea_popescu: a well, as long as people are willing to put btc in that people deserve to.
Bowjob: is that a fake name?
Namworld: What the fuck?
Namworld: They get to keep 99.9% of everything
TradeFortress: mircea_popescu, wasn't actually listed on the homepage for a while
Namworld: If they sell for like 1000 BTC (100 000 shares)
kakobrekla: o, what a drop, 70 to 50
Namworld: 1 share of AMC on BitFunder represents 1/100,000,000th of 100% of the monthly profits after all expenses.
Namworld: AMC's offering is comprised of 100,000,000 shares in total.
mircea_popescu: some wannabe fund that owns what, 2%
Namworld: anonymous dude with zero info whatsoever except bold claims in the text on bitfunder... no website, no info, no nothing
Namworld: how was that even allowed?
TradeFortress: for those who wish they bought avalons / asicminer
TradeFortress: someone trying to cash into the asicminer hype
Namworld: AMC is valuating themselves at 1 million BTC?!?
Bowjob: *yawn, im getting desensitized to this
Bowjob: i didnt move my position. i just watched the action
error4733: "24 hour low: 52.34560, 24 hour high: 73.69900" a trader fantasy
Namworld: I thought so too...
Bowjob: but the 3% is killing me
error4733: why they need money ? what they wanna do with IPO money ?
Bowjob: they trade btc higher than gox
Namworld: They're stable tho
Namworld: Divided by 100 000 shares (10k IPOed for 10%), that's 0.0003 BTC per day
Namworld: Assuming an average of 2% and daily trading of 1500 BTC
Namworld: Actually, fees on cavirtex are 3% to .5% depending on volume...
gribble: BTCUSD ticker | Best bid: 61.95000, Best ask: 62.48999, Bid-ask spread: 0.53999, Last trade: 61.95000, 24 hour volume: 126755.91316438, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.42759
Bowjob: you could buy from canadianbtc and make profit arbitraging it to fastcash4bitcoins
Bowjob: canadianbitcoins used to be pretty cheap, sometimes even lower than gox prices
Bowjob: 30 seconds is too late in bitcoinland
gribble: There are currently 831.89671 bitcoins demanded at or over 58.0 USD, worth 48595.2207021 USD in total. | Data vintage: 31.6176 seconds
gribble: There are currently 8854.509 bitcoins demanded at or over 55.0 USD, worth 494777.013854 USD in total. | Data vintage: 25.2820 seconds
gribble: There are currently 17190.312 bitcoins demanded at or over 52.0 USD, worth 937427.107527 USD in total. | Data vintage: 5.3785 seconds
gribble: There are currently 0 bitcoins offered at or under 55.0 USD, worth 0.0 USD in total. | Data vintage: 0.0023 seconds
mircea_popescu: there's going to be a 2nd prong i think
mircea_popescu: wait till the news spreads
Namworld: look at that spread
Bowjob: im okay with this
gribble: BTCUSD ticker | Best bid: 62.48999, Best ask: 62.49000, Bid-ask spread: 0.00001, Last trade: 62.49000, 24 hour volume: 116073.49685910, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.74844
mircea_popescu: next time anyone wants to trust the conference trail scum with a toy worth half a billion dollars,
Bowjob: that must hurt for the bear
gribble: BTCUSD ticker | Best bid: 62.90000, Best ask: 63.16668, Bid-ask spread: 0.26668, Last trade: 62.90000, 24 hour volume: 116073.49685910, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.74844
mircea_popescu: this is reminiscent of tradehill's "the old tradehill site is to blame" response to defrauded customers complaining on tyheir failed relaunch attempt
Namworld: the warning says: "Mt. Gox sockets are down. Trade data will not update until they come back online, and depth data will only update once every 15 minutes. Sorry! "
Namworld: I think it's synonymous
mircea_popescu: o hey, their site doesn't load in my browser. so much win.
Namworld: notice the warning in red over the ticker
gribble: BTCUSD ticker | Best bid: 62.00000, Best ask: 62.80000, Bid-ask spread: 0.80000, Last trade: 62.80000, 24 hour volume: 116073.49685910, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.74844
Bowjob: will coinlab be like this too?
Bowjob: it bothers me that gox fucks up their trades
tiberiusiv: too bad the nearest bid is at 53
gribble: BTCUSD ticker | Best bid: 60.70000, Best ask: 61.23400, Bid-ask spread: 0.53400, Last trade: 61.23400, 24 hour volume: 115184.27493444, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.81793
Bowjob: we're hanging to 60
Bowjob: all right you stupid bears. You will eat the knife. and like it too
gribble: BTCUSD ticker | Best bid: 56.87473, Best ask: 59.49000, Bid-ask spread: 2.61527, Last trade: 59.49000, 24 hour volume: 108334.59487058, 24 hour low: 53.00000, 24 hour high: 73.69900, 24 hour vwap: 65.77385
mircea_popescu: it probably gained a lot in zimbabwe dollars or w/e other fake currency out there nobody cares about.
tiberiusiv: mpex loses close to 40% of market cap in under 2 hours
gribble: BTCUSD ticker | Best bid: 55.00000, Best ask: 55.71460, Bid-ask spread: 0.71460, Last trade: 55.71460, 24 hour volume: 108334.59487058, 24 hour low: 53.00000, 24 hour high: 73.69900, 24 hour vwap: 65.77385
Bowjob: might as well play dice to get those unrealized profits back
mircea_popescu: you two make a nice picture together.
cads: This drop feels good. Like being overdrunk, and finally vomiting the extra poison out.
tiberiusiv: at the end of the day BTC is nothing more then a confidence game
mircea_popescu: i got to like 49.6 mn or some shit... but not 50 ;/
gribble: BTCUSD ticker | Best bid: 53.01000, Best ask: 53.55000, Bid-ask spread: 0.54000, Last trade: 53.01000, 24 hour volume: 107782.51352993, 24 hour low: 53.00000, 24 hour high: 73.69900, 24 hour vwap: 65.83923
Bowjob: and pays everyone at this point
tiberiusiv: you wont be able to buy when its done because theres barely any coins offered until 65
cads: but I want to follow the market down so I can buy back in when it's done
Bowjob: those two numbers were switched the other way
Namworld: My favorite way of cashing out is through funding some businesses I like I Bitcoinland.
Bowjob: and the other way around too
Namworld: Goes to a low price, I get cheap bitcoins
Namworld: Really, to me, both way is fine
mircea_popescu: Bowjob there's no chaos, we;'re having lulz
Bowjob: im strangely calm amids all this chaos
mircea_popescu: it will be legal to fuck
Namworld: [04:49] <manosyd> then when the bounce comes, no stopping it till 120
Namworld: [04:49] <manosyd> if it goes near 45, it wiill stabilize there for atleast a month or so
mircea_popescu: EXACTLY the other way from what i announced i'll do
mircea_popescu: i'd have to re-re-refactor my option names
tiberiusiv: you only need 1-2% of bitcoins being sold at a given time to crash the price
tiberiusiv: theres no bids relative to BTC outstanding
tiberiusiv: BTC can go to single digits in the span of 4hrs