log☇︎
948800+ entries in 0.664s
mircea_popescu: you highlighted me with whatever q, i gave you an answer, you don't like mine highlight whoever else next time eh ?!
midnightmagic: Channel nature and type.
mircea_popescu: make a determination as to what dood ?
midnightmagic: And thus are not in a position to make such determinations regardless.
midnightmagic: You are not the channel owner.
mircea_popescu: it's purpose is mostly to be quotable.
mircea_popescu: yeah well. it's a trade chan.
midnightmagic: It is not stated so in the topic, nor in the bitcoin-assets.com page it links to, mircea_popescu.
mircea_popescu: midnightmagic this is a logged channel. you weren't aware ?
ZedsterX: dice is up here....took about 2 minutes to get bet addresses up
midnightmagic: I will note that neither the channel topic, nor the page that the topic's sole contents (a URL) point to, state anything about public logging.
midnightmagic: mircea_popescu: Not that you care about much outside your own head, but I did not, nor would I, grant you permission to publically public anything I say in a channel which is not clearly demarked as a "Publically-logged channel."
midnightmagic: .. how droll. You quoted me. Got to you, did I?
gribble: BTCUSD ticker | Best bid: 46.65099, Best ask: 46.65100, Bid-ask spread: 0.00001, Last trade: 46.65100, 24 hour volume: 19628.80463838, 24 hour low: 46.27070, 24 hour high: 47.44999, 24 hour vwap: 46.89741
Bowjob: "tting ready to change. The reliability of this signal is drastically improved when the price of the asset decreases the day after the signal. Read more: http://www.investopedia.com/terms/h/hangingman.asp#ixzz2Nh2Xhc2X"
Bowjob: well, lucif has been consistently wrong in the past..
rikur_: if you believe in technical analysis..
mircea_popescu: hanging man is the end of uptrend
Bowjob: I have a feeling this dude will be correct for once
mircea_popescu: implied btc market cap is larger than the gnp of Dominica ; Tonga ; Micronesia, Federated States of ; Anguilla ; Cook Islands ; São Tomé and Príncipe ; Palau ; Marshall Islands ; Kiribati ; Nauru ; Montserrat ; Tuvalu
rikur_: never thought of that.
rikur_: Wow, does bitcoin already have 3x the market cap of e-gold at it's peak?
Ukto: looks like teh db
mircea_popescu: as per the guidance in feb statement, "Since the BFL bet closed in March the dividend guidance is high for next month - just that bet alone would push profit up 300%."
tiberiusiv: hows this month looking for profits?
mircea_popescu: see if the price works out with that
mircea_popescu: you can work it out, they're supposed to increase in price at a fixed rate
mircea_popescu: tiberiusiv the 10k bits are mine/kako's alternatively, as per the contract
Bowjob: they should be betting on Yes to make up on their lost profits
tiberiusiv: mircea: are the bbet asks your tranches
Bowjob: Bitbet suggests that BFL victims are low on morale
Bowjob: it scares me though, if they actually deliver there goes my profits
mircea_popescu: so wait. luke went to visit bfl, where he was in fact presented with a box of fans ?
Bowjob: "[16:04] <Bowjob> http://bitbet.us/bet/307/bfl-will-deliver-asic-devices-before-july-1st/ [16:04] <Bowjob> Wow [16:04] <Bowjob> HOly shit. ahhahahahah [16:04] <mircea_popescu> lol wut ?! [16:04] <mircea_popescu> don't tell me they;ve moved to july ?"
Bowjob: I thought I brought it up earlier lol
mircea_popescu: ahahaha THIS is even money ?
Bowjob: what you can do, is wait till your bitcoin stash become so valuable, that you can buy a member of the congress with it
Bowjob: it could get sticky when the gov recognize bitcoin as money
Bowjob: and taxes, will be optional
Bowjob: thats the thing. if you use the coins anonymously, its just like income
Bowjob: you dont have to if you just keep the coins
Bowjob: and then they tax your income
rikur_: How would you be taxed for mined coins?
Bowjob: you're missing the point
tiberiusiv: how is that any different then mtgox
Bowjob: and they will charge money to hold BTC
Bowjob: is they are offering a "storage" solution
rikur_: coinlab has a very unfortunate logo with the "bubbles" :)
tiberiusiv: thats not taxable in canada
tiberiusiv: the benefit to canada is you could say your proceeds came from online gambling
rikur_: Wait. If I have BTC in mt.gox, will it be sold to coinlab? or moved under their jurisdiction? I'm currently in Canada.
tiberiusiv: bowjob: they may not but when you withdraw funds the recieving bank does
Bowjob: oh. but they dont hand in the info to irs dont they
tiberiusiv: bowjob: taxes were never optional even at mtgox
Bowjob: have you seen their buy 1m and sell 1m worth of bitcoin button?
Bowjob: basically, they are "legitimizing" bitcoin
Bowjob: but CoinLab will report it to the irs
Bowjob: Up until now, if you have half a braincell, you can choose to pay taxes or not
Guest7560: Alright, sorry for mixing this up
rikur_: Bowjob: taxes?
mircea_popescu: Guest7560 it's .7 and prev that have an issue. not exactly a bug. just a complex db issue.
Guest7560: mircea_popescu: You mean until nobody uses the 0.8 version anymore that has the bug that caused the block to be rejected?
Bowjob: Taxes won't be optional anymore if you trade with coinlab
mircea_popescu: the fixing will take a lot of time.
mircea_popescu: it's not really fixed. just strung together for now.
Guest7560: Tell me about that coinlab/mtgox US/CA story
Guest7560: I know, but that's over now, so I wouldn't expect a drop so many days after its over and fixed
Guest7560: Bowjob: I think the fork thing is over now and everybody relaxed, no?
Bowjob: america and canada wont be able to trade on mt gox anymore
rikur_: mircea_popescu: thanks!
Guest7560: What's happening on the 22?
Bowjob: though I'm waiting for march 22 and the days after that..
mircea_popescu: Guest7560 just the revert to mean theory may be enough. it went up fast.
mircea_popescu: rikur_ http://polimedia.us/dtng/c/res/14686.html there, allow me to be helpful
Guest7560: So anyone has an idea why the majority of traders thinks btc will go down to 39?
Bowjob: you are not the first.
rikur_: Bowjob: that's a very distracting nickname
Bowjob: ok, thx
mircea_popescu: Bowjob you mean on the right sidhe ?
mircea_popescu: you can get more details about the bots etc there.
Bowjob: what are the green lines for?
mircea_popescu: there's periods with 0 trade. so...
mircea_popescu: option trade volume varies A LOT. two weeks ago was 20k
mircea_popescu: if that's the only thing that's bought... spike.
mircea_popescu: Bowjob for instance consider O.BTCUSD.C750T. it costs like .05 btc. if you buy it, you imply price goes to like 76+
mircea_popescu: Bowjob you can buy a very expensive call and make the sentiment spike on low volume, i think is what happened.
Guest7560: Is there a way to get the oix when mpex.co website is down?
Bowjob: did people suddenly expect BTC to raise to the moon?
Bowjob: in the middle. wtf is that
Bowjob: I don't understand that huge red sword
Guest7560: So while mpex site was down the last couple days (ddos I think), I heard that trading was still going in irc
Bowjob: That means the OIX is pretty accurate
Guest7560: That's the one I think yes
mircea_popescu: there's a graph in the article on trilema showing it against the actual price
mircea_popescu: it predicted some events in the past and failed to rpedict others
Guest7560: I think I've read on reddit somewhere that it never failed in the past..?
Guest7560: mircea_popescu: Cool, thanks!
mircea_popescu: it's a pretty sophisticated measure, if you think about it
mircea_popescu: so they aren;t really putting their btc where their mouth is very much
mircea_popescu: of the ~5k btc on the line, only 8.5% belongs to the people expecting 57.59