log☇︎
953300+ entries in 0.723s
mjr_: shit they should teach people what a debit and a credit is
Bowjob: but if they taught me about this in hs, there wont be time for shakespear
Bowjob: They should have taught me this in hs
mircea_popescu: yeah, that actually may work
mjr_: some people sell puts in order to buy calls (lowers their cost)
mjr_: so if you think something is going up you can sell puts and collect premiums and buy calls as well
mircea_popescu: just the net gain as a function of btc price changes
mircea_popescu: thats true.
mircea_popescu: you can tell cause the bids were taken out not the asks
Bowjob: so it's a "call" then
mircea_popescu: person is basically saying "btc will stay over 50 the entire month, and maybe even over 55"
mircea_popescu: Bowjob nah. these were sold not bought
Bowjob: put options.. meaning they expect btc prices to go down.. to 47?
mircea_popescu: so they could deliver to customers rather than cancel orders
mircea_popescu: if coinlab etc had a clue they could actually insure their coins
benkay: all the way down to 47...
mjr_: yeah i figured someone was hedging something with those
mjr_: lol i just realized that i had kleopatra installed already and i was doing everything from the command line
mjr_: cool thats what i was figuring
mjr_: whats the oix at?
pizzaman1337: maybe they know something we don't...
Bowjob: whats the average salary there
MadSweeney: that's too low
Bowjob: MadSweeny do people use BTC in the philippines?
mircea_popescu: i guess it ain't gribble shorting them
Bowjob: ;;eightball Will BTC rise higher this week?
gribble: BTCUSD ticker | Best bid: 47.53000, Best ask: 47.54224, Bid-ask spread: 0.01224, Last trade: 47.53000, 24 hour volume: 48358.44194382, 24 hour low: 43.41100, 24 hour high: 47.95000, 24 hour vwap: 45.90546
mircea_popescu: and has a coupla k's to back that thinking
mircea_popescu: so basically someone thinks btc will stay over 50ish
the-bucket-shop: that seem like a big deal to anyone?
mjr_: does anyone know how to type the double barred B
mircea_popescu: aand we're officially over 200k option contracts traded this month.
mjr_: still getting used to gpg
mjr_: i managed to import your pub key mircea
mjr_: yeah i think this is a great system
benkay: your team's hunches about these things?
mircea_popescu: this is a difficult question tho, robust by what standard ?
mircea_popescu: i woulsd guess irc is the most robust
Bowjob: I was telling them about BTC since it was 13 dollars..
benkay: is one more robust than the other? do you prefer to receive over irc?
Bowjob: "I wish I had bought some when they were cheap :(" - On the current events forums of gamefaqs
mircea_popescu: other than that there are private proxies available atm, and the public irc bots.
gribble: BTCUSD ticker | Best bid: 46.95900, Best ask: 47.25000, Bid-ask spread: 0.29100, Last trade: 47.33203, 24 hour volume: 47013.01597736, 24 hour low: 43.41100, 24 hour high: 47.89860, 24 hour vwap: 45.74036
benkay: thanks for the clarification. is irc then the only channel over which you're accepting transactions?
mircea_popescu: but it hasn't come to that.
mircea_popescu: i had mentioned that if the worst comes to worst we will take it to email,
Bowjob: they cant.. they cant reverse it
Bowjob: and of course this being the wild wild west of finance
benkay: mircea_popescu: i'm aware of the email and irc channels for posting trades to MPEx, are there others I'm not aware of?
mircea_popescu: we mostly came to the conclusion it must have been a msitake
Bowjob: i remember that
mircea_popescu: i think the record is that one time when s.dice got sold to like 0.0008
Bowjob: from the 26 to 20 dollar flash crash
mircea_popescu: haha totally.
mircea_popescu: benkay she is ocassionally allowed a quiet seat at the board meetings.
mjr_: and i mean, it is pretty much exactly what they believe in as far as distributed systems and freedom
mjr_: they only take credit card and paypal right now
mjr_: oh...i emailed freenode and asked if they would accept bitcoin donations
mjr_: in which case you would still be paying the same 30 btc you would have before
mjr_: but in a bitcoin economy, the opposite may be true until you can finally do most of your transactions in bitcoin
mjr_: on most consumable things
Bowjob: I nominate pirateat40 for the documentary
mjr_: hmmm that is a good point
mircea_popescu: the longer one waits the more painful it gets.
mjr_: you did say that
mjr_: and that is true
mjr_: in the usd
mjr_: and just realized that it will now be around $1500
mjr_: lol, was just thinking about back in the days when we were discussing mpex fee being around $450
mircea_popescu: you can also inspect these one at a time with assbot's !ticker
benkay: mircea_popescu: what commands are available for the mpexbot?
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
mjr_: hold on i am gonna try it out
mjr_: do the other commands not come encrypted?
mircea_popescu: mjr_ that was always the case ?!
mjr_: just realized that now mpex is only for mpex registered people...
mod6: anyway, im ciked that was so simple. can't do more must find a cold pizza to eat somewherez!
mod6: ok, the vwap one is finished (for the moment) and checked in: https://github.com/modsix/bitotter_perl/blob/master/bitotter_vwap.pl
mircea_popescu: where's the coinlab pr spam with "mpex indomitable, btc surges"
mjr_: http://xkcd.com/1181/ or this one LOL
Bowjob: What vodoo is this
Bowjob: wtf is this
gribble: BTCUSD ticker | Best bid: 47.54224, Best ask: 47.89850, Bid-ask spread: 0.35626, Last trade: 47.89858, 24 hour volume: 46494.02049522, 24 hour low: 43.41100, 24 hour high: 47.89860, 24 hour vwap: 45.71103
Bowjob: What do you guys think of google glasses
mod6: ok i cleaned that up, now i gotta do one more test then i can check it into github for yall
mjr_: this is the future
mircea_popescu: ddos is one of the better things that happened to mpex so far
mircea_popescu: challenge brings innovation, as they say
mircea_popescu: i tell you this shit's pretty exciting
mod6: ok one more quick test, i'll check a different MPSIC
mod6: mircea_popescu: i just feel bad for the conn/dis-conns
mircea_popescu: in other news, the #bitcoin-assets log for this current month (9 days!) is over 1mb
mircea_popescu: mod6 nothing to be sorry about lol
mod6: im now getting back the raw vwap, just need to make sure that I'm parsing correctly as before...
mod6: ok sorry guys, but after 10 mins the pastebin expires, gotta re-conn and get a fresh one
mjr_: but i really don't want to go back and forth between a terminal window with a touchscreen and colloquy
mjr_: yep, i think that is so far the best leading indicator i've seen
jborkl_: No, it is not- they are a pain in the ass
mircea_popescu: jborkl_ not much surprise there.