956300+ entries in 0.631s
mircea_popescu: unbalanced in
theory
this is possible. however
this
theory
tends
to blow up in practice. it's no different from any attempt
to corner a market, and
those have historically ended up poorly.
[\\\]: I went
to
the website and
the latest news is from January
[\\\]: whatever happened
to solidcoin?
jurov: unbalanced,
there were
tries , but mostly not successful afaik
unbalanced: mircea_popescu,
thanks for
the reply above. Could someone rich in cash & BTC, holding BTC futures/options at say a $50 strike could have an incentive
to buy up BTC
to
that level
to not lose on
the option
trade?
mircea_popescu: @karenmpd
They move. Consumers don't get a say,
that's what
the definition of consumer implies : "stfu, swallow
the menu, say
ty".
mircea_popescu: Regulation can stand in
the way of innovation in
the interest of protecting consumers. What do entrepreneurs do?"
gribble: BTCUSD
ticker | Best bid: 47.23000, Best ask: 47.40500, Bid-ask spread: 0.17500, Last
trade: 47.40500, 24 hour volume: 106149.33438063, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 44.27059
gribble: There are currently 3655.519 bitcoins offered at or under 49.0 USD, worth 177792.647437 USD in
total. | Data vintage: 0.0017 seconds
mircea_popescu: the reason is
that bitcoin which'd normally hit
the exchanges pushing
the price gets sterilized on derivative
trades on mpex
kakobrekla: beatles yesterdays goes
through my mind when you do ;;goxlag
mircea_popescu: <unbalanced> Anyone have
theories as
to why
this runup is so fast
then? Is it driven by MPEX futures, or
trader manipulation, or is
this how
the Fed kills BTC: it just buys
them all? << historically mpex futures
tend
to quench rallies (and probably drops
too) rather
than amplify
them
keith_hanson: have
they mentioned any reasons for all
the lag?
assbot: watch out
there. i might be dumb but i have muscle. does
that erause you?
jurov: mircea_popescu but it did work
till 2 hours ago
deadweasel: think
the price will drop anymore
today?
maximian: looks like
the worst of
the s.dice selloff is over
mircea_popescu: smickles so what've you been up
to ? did you get ddosed or something ?
mircea_popescu: all
tghe proxy shit was set-up back in jan when somebody
tried
to ddos mpex
mod6: im like, "russian hackers are fucking with
the site so i
tossed
their packets in
the bitbucket..." "huh? whats
that?" ".... don't worry it's all good."
mod6: (09:20) < mircea_popescu> mod6 how often do customers go "mmkay" << haha, 0.
the one guy I do a actual website for doesn't give a shit since he cuts down
trees for a living lol
smickles: Rick_: as soon as you can
type mpex.coinbr.com
jurov: right on
the money
gribble: BTCUSD
ticker | Best bid: 47.35500, Best ask: 47.50000, Bid-ask spread: 0.14500, Last
trade: 47.50000, 24 hour volume: 101716.35730182, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 44.12712
mod6: abuse?
to
the blackhole you go!
mod6: heh, i nullroute stuff all
the
time
jurov: yea, without mircea's expert advice,
that would've ended badly
mod6: ah! i'll have
to keep
that in mind.
mircea_popescu: neck has
to be long enough or else you dip your
tip in acid.
mircea_popescu: guy got
totally plastered, hitched it with
the zoo inventory.
mod6: jurov must be
tall
to fuck a giraffe, or he likes
to fuck on a ladder. ;)
jurov: you know i was yest in
timisoara and bough some fine asics in budapest en route,
that announcement raised some eyebrows,
too
imsaguy: assbot: did you know
that mpex is down?
jurov: edit
the url in source
mircea_popescu: Chilca : use something like mpex.coinbr.com
to connect
jurov: oh and i almost convinced a dude
that coinbr bought mpex
smickles: I just knew
the sec would get
to mpex sooner or later
Chilca: urllib2.URLError: <urlopen error [Errno 60] Operation
timed out>
ThickAsThieves: "The U.S. dollar is an obvious Ponzi scheme," said
Thomas, who
thinks
the U.S. government has
too much debt
to raise interest rates high enough
to defend
the dollar if
there were ever a run on it. With Bitcoin, "you feel like you're in control of your money."
mircea_popescu: Chilca
there's a pretty dumb ddos going on
the main domain. but you can use any of
the proxies jsut fine
mircea_popescu: liek Mar 06 16:13:53 <pigeons> i can't get
the only service
that has never been hacked
to come up
jcpham: "Rising asset prices create euphoria, and euphoria significantly drops
the IQ of
the participants."
mircea_popescu: im just grepping
this log for "hacked" atm, it's loads of fun
jcpham: apparently i pasted a one liner in -otc and stopped someone from dropping 50k from a BoA from
their cell phone on bitcoin
mircea_popescu: mod6 was a ddos back in jan, set up
the entire proxy structure
then.
that's when jurov made his, i
think smickles has one
too
mod6: ah! didn't know
that
jurov: oh and how is your proximity
to
the
tech sector
today, mircea?
mircea_popescu: Mar 06 07:58:51 <mircea_popescu> o hey, it occurs
to me,
this is
the right
time
to get hacked right ?
jurov: it's about
to fall any minute purportedly
Chaang-Noi: i see
this stock being worth .5 easy, and much much more if bfl fail
smickles: look,
there is a corelated rise of "mainstream" with
the recent rise in "bitcoin"
gribble: BTCUSD
ticker | Best bid: 47.61000, Best ask: 47.70000, Bid-ask spread: 0.09000, Last
trade: 47.77175, 24 hour volume: 99687.93083192, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 43.99952
Chaang-Noi: PsycoticBoy if we
take
the 40% of
todays dividends and x 52 we get .416 pretty damn solid
Chaang-Noi: so we will get like 40% of what
they mine...
Chaang-Noi: imsaguy less
tha halve, 20% or so will aslo be collected for new hardware
Chaang-Noi: hmmm... about expected, i guess
tehy are not solomining
Chaang-Noi: okay so
they ahve about 15% of
the weekly coins...
mircea_popescu: jurov
thing is a certain strike can't push it past a certain level
jurov: mircea_popescu dunno where would
the oix be if calls were available
throughout
imsaguy: so now
they're up
to .06/share
imsaguy: jcpham: where'd you copy and paste
that from?
jcpham: and so are
their pockets.
jcpham: The myopic are extrapolating
the price
trend of
the past
three months, which
they deem is normal, and in so doing
they exacerbate it
to
the upside,
thus attracting even greater fools.
The inflection point will come when
the continuity of bullish
thought is broken, which could be anywhere between $49/bc
to $69/bc. One
thing is for sure,
the amount of suckers left who are willing
to jump on
the moving and ever accelerating
train is drawing
thin,
mod6: smickles:
thats awesome man. :)
smickles: mod6: indeed, and
the first one is starting
to walk around
imsaguy: that doesn't make
the dividend per share go up
Chaang-Noi: im going
to
try and guess and see
their mining rate...