log☇︎
951600+ entries in 0.686s
smickles: mircea_popescu: look at blockchain.info, the major pools are mining an orphaned chain
dub: good day for not being the guild pool op
mircea_popescu: the wrong chain is lionger yet you're telling me the miners are moving.
smickles: mircea_popescu: it mined a block sized larger than 250k
mircea_popescu: kakobrekla it prolly destroyes those unfortunate fucks that paid out on the 0 diff
kakobrekla: good day for not to be a pool op
mircea_popescu: smickles explain why the "wrong" one is longer then.
smickles: mircea_popescu: some arn't, the largest pools are
mircea_popescu: good luck getting the miners to accept a 14 block loss
smickles: kakobrekla: but the differenc will be more and more difficult to tell soon
smickles: right now, you can 'bitcoind getinfo' and look at the height. current 'wrong' chain is at 225453, .7 is at 225442
mircea_popescu: you have no idea what they run
mircea_popescu: you just emit txs. the miners add them on their mempools
kakobrekla: by the block height
smickles: topace_: as a regualr user, i dunno. but it'll switch over automatically when the .7 chain is longer
topace_: (on the 0.7 chain)
topace_: how can you tell if your bitcoin daemon is on the right chain?
gribble: BTCUSD ticker | Best bid: 45.01000, Best ask: 45.89900, Bid-ask spread: 0.88900, Last trade: 45.00000, 24 hour volume: 119265.24377758, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.50395
mircea_popescu: what is the barrier to entry to this, make two txs,b roadcast it to two diff nodes.
mircea_popescu: and it is unlikely (but possible) <><< yeah. they know.
smickles: < BitHub> so if someone sends me coins now they're gone for good? << no, it's up to which chain it's included in
kakobrekla: >The risk is small because this is not a network split-- transactions are being sent to both sides of the chain split, and it is unlikely (but possible) that somebody could get two versions of the same transaction into the two sides of the chain.
kakobrekla: which mean a few bitbets will have to be invalidated
ThickAsThieves: people will bet til it closes ... and after
kakobrekla: imho they will be respendable with the longer chain not containing that tx
BitHub: so if someone sends me coins now they're gone for good?
kakobrekla: dunno if those are approved
ThickAsThieves: had to submit one
smickles: and there is still confusion among the devs
ThickAsThieves: Schrödinger's BitBet - This bet will have more total BTC bet on Yes than on No before it closes.
smickles: and some miners are still adding to the main chain
smickles: you ought to wait until the .7 (short) chain grows longer than the main chain
BitHub: safe to recieve payments again?
kakobrekla: bitcoin split, price crashed all while you were takign a piss
topace_: jesus whats going on with the blockchain??
BitHub: how many hours till next asicminer divy?
mpexbot: mircea_popescu: your blog fails to load
ThickAsThieves: devs dont seem to be using public chat now
mircea_popescu: so it is working as intended, be that useful or not
mircea_popescu: that the oix still points to high btc
mircea_popescu: just... the weight of the calls sold is so much heavier than the weight of the puts bought just now
mircea_popescu: smickles i just dug up oix to see wtf.
smickles: mircea_popescu: what's up with that?
gesell: "(04:04:59) gmaxwell: jeffgarzik is /msging me telling me that jgarzik is an imposter." --- heh, and people still have the heart to troll. oh internets
gesell: just for the record the drop started at 2:41am GMT+1 (had some logs)
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.03000, Bid-ask spread: 0.03000, Last trade: 44.00000, 24 hour volume: 111563.57296537, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.44028
Line_: In gaven we trust
gesell: blacklistblock = regulation. though peer agreed. which is fascinating because we do not have such language in traditional finance
gribble: One would be wise to think so.
gribble: BTCUSD ticker | Best bid: 42.60000, Best ask: 42.72770, Bid-ask spread: 0.12770, Last trade: 42.60000, 24 hour volume: 109893.67866310, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.44885
vampireb: not recovered, there still a fork.
gribble: BTCUSD ticker | Best bid: 42.60000, Best ask: 42.65559, Bid-ask spread: 0.05559, Last trade: 42.60000, 24 hour volume: 109984.04612509, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.45198
gesell: dub: i agree. if it comes though it would be slowly and with a different label
dub: you're going to have a hard time selling these guys oversight
gesell: dub: i dont think my statement disagress with that at all. just looking at new horizons for the experiment
Uglux: <satoshinakamoto> I'm back to save the day
dub: gesell: the attitude of the dev team has always been that bitcoin is their little science experiment and its not intended for production
Bowjob: for the next 3 hours
Bowjob: Aight, I guaratneed 75 BTC to be sold at.. $2799
gesell: i wonder if apart from the discussion about soft limits, we will also start to see features that give more oversight and regulation, even if more symbolic than bernanke like. such letting bitcoin-dev patch or blacklist more quickly or perhaps at will
gesell: did anyone see where this first started and was coming to the surface?
gesell: question... so just curious would the initial errors that 0.7 clients were reporting (http://sourceforge.net/mailarchive/message.php?msg_id=30587843) that sipa mentions, would those just be bug reports to bitcointalk or to sourceforge bug tracker or? just curious where alerts of such issues before its plastered everywhere would come from
gribble: BTCUSD ticker | Best bid: 39.01138, Best ask: 40.00000, Bid-ask spread: 0.98862, Last trade: 40.00000, 24 hour volume: 107876.01377001, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.55733
smickles: gesell: i think most btc exchanges are anti-killswitch
Bowjob: before this shit blows out of proportions
gesell: i dont know, im not a fan of kill switches so i'd like to see bitcoin-dev's learn from this so that similar bugs in the future can be handled without shutting anything down
smickles: it might be risky on the chain tho
Bowjob: Are we allowed to do transactions
gribble: BTCUSD ticker | Best bid: 36.68160, Best ask: 38.00000, Bid-ask spread: 1.31840, Last trade: 38.00000, 24 hour volume: 105824.64907266, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.68534
kakobrekla: and yell there
kakobrekla: or do you go on the trading floor yourself
kakobrekla: or if you trade stocks
dub: whats a time like this for traditional markets?
kakobrekla: im telling gesell
mircea_popescu: kakobrekla you're telling me ?
kakobrekla: or to buy phycal gold?
kakobrekla: do you go to your FX broker to get it?
kakobrekla: and you need some of their currecny
kakobrekla: when you go to a foregin country
smickles: gesell: traditional markes shut down at times like these
Chaang-Noi: pigeons see my link, i found that helpful
gesell: kakobrekla: first, im sorry this is all happening. im sure it is ruining some peoples day. but why do you see it as a mtgox problem?
kakobrekla: you want to bring wall street to btc?
kakobrekla: serious tranders dont suffer shit like this
Bowjob: how much will BTC drop by do you think
kakobrekla: so gox is turning in historcial btc chart reading site
dub: nicely scaling there gox
Bowjob: according to coinlab
gribble: BTCUSD ticker | Best bid: 37.80000, Best ask: 38.00000, Bid-ask spread: 0.20000, Last trade: 38.00000, 24 hour volume: 101597.26956421, 24 hour low: 37.80000, 24 hour high: 48.46900, 24 hour vwap: 45.00044
smickles: mircea_popescu: is that unchanged on the 7day?
wiggzz: ok, good to know
gribble: There are currently 33593.186 bitcoins demanded at or over 31.0 USD, worth 1149514.37586 USD in total. | Data vintage: 0.0061 seconds
mircea_popescu: wiggzz that issue is taken care of by a little insurance premium on oputs issuance
gribble: BTCUSD ticker | Best bid: 37.90000, Best ask: 38.00000, Bid-ask spread: 0.10000, Last trade: 38.00000, 24 hour volume: 101521.68067860, 24 hour low: 37.90000, 24 hour high: 48.46900, 24 hour vwap: 45.00561
kakobrekla: smickles to go long on lag
mircea_popescu: heh there we go
pigeons: i'll take the over on lag
smickles: wiggzz: the mpbor assumes the risk of mpex options
wiggzz: but if USDBTC drops to 1, payout is 20 USD which would be 20 BTC... way more than required collateral?
smickles: wiggzz: the additions funds needed would probably come from mpbor