946600+ entries in 0.639s
gribble: BTCUSD
ticker | Best bid: 54.64859, Best ask: 54.99989, Bid-ask spread: 0.35130, Last
trade: 54.64859, 24 hour volume: 94878.61374780, 24 hour low: 47.31000, 24 hour high: 55.00000, 24 hour vwap: 50.40729
Bowjob: were down
to 0.0087, no resistance
Chaang-Noi: ltc did not even hit
that resistance at .088 i
told you about
Chaang-Noi: age of consent here is 15, 18 is getting on
the old side for
the culture here
tiberiusiv: mircea: do you
think coinlab succeeds?
tiberiusiv: the problem is
that BTC asics increase litecoin difficulty
tiberiusiv: ltc was made so people who cant afford
to invest into equip can continue "mining"
mircea_popescu: Bowjob
the fact is,
the way
the human body works first pregnancy should be delivered around 18 years of age.
mjr_: and if
that happens, it will be
that new
thing
mjr_: tiberiusiv: i
think
that its biggest
threat is something better
Bowjob: k i
thought it was just a cathloic
thing
tiberiusiv: if bitcoin fails
that will be
the end of crypto for a decade +
Chaang-Noi: how many
times did he see her before 18? lol
Chaang-Noi: making ltcs network strong help move
the price up
mjr_: his wife said: it would be more dignified
to stop here...i can't stay with a man who consorts with minors
tiberiusiv: as less efficient miners drop out of bitcoin,
they increase ltc difficulty
Chaang-Noi: btc has forked or
too many
transactions, use ltc:)
tiberiusiv: the litecoin people dont understand
that ASICs increase ltc difficulty as well
mjr_: figured
that was a rhetorical question
imsaguy: litecoin isn't a bitcoin
test
mircea_popescu: ie,
they have free
testing, stuff like
the berkley db etc
mircea_popescu: tiberiusiv
the one reasonable explanation i heard so far is arbitraring bitcoin
testing
Bowjob: well btc will be much higher
too
Chaang-Noi: but i wont sell more, in a year it will be much higher, esp if we get it listed at
trade hill
Chaang-Noi: i did not expect what it did, and
that is why i sold almost 100k of ltc
Bowjob: i bought at 0.1
too lol
Bowjob: im glad
to got rid of it at 0.11
Chaang-Noi: lots of support in
the .08
to .088 range
Bowjob: it seems
to be dropping like a rock
Chaang-Noi: i will be happy when mt gox has less
than 105 market share
Chaang-Noi: bowjob i just looked at ltc, it would
take more
than what i want
to spend
to get ltc under .08
tiberiusiv: wont etoro
take substantial marketshare from mtgox
mircea_popescu: it will just fade for six months or a year,
then some clueless nitwit a la Ryan Singer will "bring it back"
Bowjob: would it be favourable for someone who bought a mini rig eons ago
to capitulate and wait
to pre order avalon # 3 instead?
tiberiusiv: might
take huge market share away from mtgox?
Bowjob: etoro will basically start
trading btc
Bowjob: i cant really complain.. ill be rich off of
this
Bowjob: i wish i didnt play dice back
then lol
mjr_: i couldn't find it on
their site
mjr_: did anyone hear about etoro? was
that just a rumor?
mjr_: heard
there was an apt for rent in bitcoins in spain
Bowjob: theres
this house for sale in dallas
mjr_: i would like
to sell puts and buy calls at a certain price
mircea_popescu: with all
the problems us people have buying esp large ammts of btc
mircea_popescu: Chaang-Noi
then probably selling puts is better for you
mircea_popescu: so you look at it... well i bought 50 dollars worth of 1 btc, got 20 calls at 75, now i made 13 btc which are worth 200 each. so from 50
to 2600 dollars.
mjr_: its a nice way
to give yourself exposure
Chaang-Noi: but
that .05 price is just unreasonable
Chaang-Noi: yerah
there are uses for options, i used
to
trade
them when oil was doing so well
mircea_popescu: you could also buy 20 btc and
then buy options with
them, gain 400 btc exposure
that way
mircea_popescu: well... you could send 50k usd
to an exchange and buy 1000 btc. but
this
takes
time and all
the bs.
mircea_popescu: anyway, far out of
the money calls are great from a fiat perspective. say you are sure btc is going
to 500. what can you do ?
Chaang-Noi: im sure
they would love
to have
that filled
Chaang-Noi: .05 is just way
to high,
that low ass bid is fine,
mircea_popescu: if it goes
to 200 you get 125 / 200 = .62 each x 20 = 13 btc so like 13x
Chaang-Noi: so
to get 20x 1/76 a btc it would not be worth spending 1 btc, lol
Bowjob: I managed
to arb 6 BTC from 10
to 11
mjr_: mircea_popescu: was just curious, i sold half my position of
the 41 calls for .96 btc (4 contracts) i still have four more :)
Chaang-Noi: bowjob i have been
thinking about it, all down
to .008 but not right now
mircea_popescu: Chaang-Noi no, at
the
then current price. hence
the /76 if price is 76
Chaang-Noi: but
the btc will be valued at
the current price
mircea_popescu: mjr_ well... what do you mean why ? cause it was
traded
mjr_: mircea_popescu:
thanks,
that was me...so i was wondering why my
trade was on
there
Chaang-Noi: so if i spent 1 btc i would get 20 contracts, so if btc went
to 75 or more i
then get
them, or just
the fiat over 75?