log☇︎
957000+ entries in 0.705s
Namworld: When people buy lots of options, usually a good time to buy S.MPOE
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.01000, Bid-ask spread: 0.01000, Last trade: 44.00000, 24 hour volume: 107173.30759404, 24 hour low: 37.01715, 24 hour high: 45.00000, 24 hour vwap: 40.42137
mircea_popescu: the otc system revolves around the wot, ask gribble about that.
keith_hanson: I have learned more in an hour here than I have in months on reddit, bitcointalk, or any other web sources :P much appreciated
keith_hanson: oh, wow. Didn't realize that existed :D
mircea_popescu: when i do buy i use the otc.
gribble: There are currently 12874.465 bitcoins offered at or under 50.0 USD, worth 614113.730099 USD in total. | Data vintage: 64.7913 seconds
gribble: There are currently 1236.3618 bitcoins offered at or under 45.0 USD, worth 55413.0152492 USD in total. | Data vintage: 54.7067 seconds
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.15000, Bid-ask spread: 0.15000, Last trade: 44.00000, 24 hour volume: 106697.45574715, 24 hour low: 36.93101, 24 hour high: 45.00000, 24 hour vwap: 40.37604
keith_hanson: mircea_popescu: What do you guys use then?
keith_hanson: mircea_popescu: uh, seriously? that's... concerning.
dub: I thought migration to coinlol happens on the 12th
dub: just make a new exchange, gox is going to self destruct in a week anyway
keith_hanson: being a web developer, I want to take mtgox and overhaul their UI. Their new mobile site is atrocious.
mircea_popescu: us inflation will be triple digit in 2013.
Chaang-Noi: i get a truck, im happy
mircea_popescu: clearly our idiotarian policymaker friends are doing things right.
dub: he probbly doesnt know knwat twink means in teh states
Chaang-Noi: yeah dont go to 4chan at work,... even the calm and mostly safe /g/
dub: I was dude the other day with dog paw tattoo with TWINK under it, hope he never goes to teh states
mircea_popescu: g/ - Technology
Chaang-Noi: . /g/ on 4chan, said btc was a scam for years.. now they want to buy
Chaang-Noi: ltc for the win, that is the fastness
Chaang-Noi: went to troll /g/ /g/ wants to buy... fuuuck what just happened....
mircea_popescu: this is officially the most exciting time of bitcoin i've ever lived.
mircea_popescu: the value of keeping your liquidity in the right places i guess.
mircea_popescu: ppl are wanting to buy options, i'm like... well i guess you might have sent it two hours ago but if it ain't confirmed it ain't confirmed.
mircea_popescu: ThickAssLaptop 69 is bottom for thick ass.
ThickAssLaptop: 69 is top
mircea_popescu: so two button pushes
gribble: There are currently 34857.932 bitcoins offered at or under 69.0 USD, worth 1979397.98148 USD in total. | Data vintage: 15.1042 seconds
gribble: BTCUSD ticker | Best bid: 43.03099, Best ask: 43.37291, Bid-ask spread: 0.34192, Last trade: 42.99000, 24 hour volume: 104489.74859354, 24 hour low: 36.91110, 24 hour high: 45.00000, 24 hour vwap: 40.28010
Chaang-Noi: yeah.. its like the meme with fry holding the cash saying shut up and take my money...
mircea_popescu: "When is coinbase going to start selling bitcoins again? They've been "over their limit" for the past couple days."
Chaang-Noi: . /g/ has been calling bitcoin a scam for years now... they missed the boat
Chaang-Noi: https://boards.4chan.org/g/res/32052146 if anyone wants to troll...
Chaang-Noi: You don't have permission to access /dtng/c/src/136254317934.jpg on this server.
mircea_popescu: in other news, time for http://polimedia.us/dtng/c/src/136254317934.jpg
mircea_popescu: lol something bawful is in a fret too
Chaang-Noi: im using it to troll /g/ on 4chan they think bitcoin is a scam
mircea_popescu: and then passed it along
Chaang-Noi: i posted that here an hour ago:)
Chaang-Noi: i thought it was way undervalued but this was one hell of a pop
mircea_popescu: rising tide raises all boats
ThickAssLaptop: how do get a deal with gox holding tht little
mircea_popescu: i dunno, just throwing that out there, see if anyone has better data.
mircea_popescu: this is more than the combined total of all venture capital taken in by all bitcoin ventures iirc.
mircea_popescu: fun fact of the day : mpoe option book notional exposure passes 3mn usd.
mircea_popescu: you suppose people are selling anything they can to get options funds ?
ThickAssLaptop: it's the ghost of the 1st tranche
dub: flushing the s.deuce
ThickAssLaptop: we also want to wiretap so we can listen to your reaction lol
ThickAssLaptop: yes, we would like the convenience of attacking you with robots, let's keep that option open
mircea_popescu: afaik it wasn't possible, under the constitution.
mircea_popescu: “It is possible, I suppose, to imagine an extraordinary circumstance in which it would be necessary and appropriate under the Constitution and applicable laws of the United States for the President to authorize the military to use lethal force within the territory of the United States.”
keith_hanson: Nice, thanks mircea_popescu
gribble: What are the Bitcoin market drivers ? pe Trilema - Un blog de Mircea ...: <http://trilema.com/2012/what-are-the-bitcoin-market-drivers/>; George Clooney roils the Bitcoin market | FT Alphaville: <http://ftalphaville.ft.com/2011/06/21/600441/george-clooney-roils-the-bitcoin-market/>; Bitcoin Exchange Scam – Bitcoins Are Now Worthless | NERDr.com: <http://nerdr.com (1 more message)
keith_hanson: Sorry if I keep asking basic questions, but I'm taking you up on the intelligent discussion :P I get asked a lot where the value is coming from, and the only real answer I have is the "black market"/SR. Is that the general opinion or am I misinformed?
Chaang-Noi: just 1 year, i doubt he will need to cheat
Chaang-Noi: assuming they get 10% of the coins in one year his 60% share is about 79k btc
ThickAssLaptop: maybe he wants to be two rich motherfuckers
mircea_popescu: Chaang-Noi if it ever gets to s,mpoe sort of market cap then yes.
Chaang-Noi: he has like 60% he is going to be one rich motherfucker
ThickAssLaptop: no way to know anyway
Chaang-Noi: mp they own over half the company, i dont think they will cheat much...
ThickAssLaptop: i mean WHY would they to THAT?
gribble: BTCUSD ticker | Best bid: 42.50000, Best ask: 43.99000, Bid-ask spread: 1.49000, Last trade: 42.50000, 24 hour volume: 103543.75360681, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.17722
mircea_popescu: they wouldn't do THAT now would they ?
ThickAssLaptop: you know what i mean tho
mircea_popescu: ThickAssLaptop wait wut ? it's asicminer's business model to mine for themsleves.
ThickAssLaptop: lots of shaking things up to mask hashing for themselves
mircea_popescu: Chaang-Noi i have a dead fish in the fridge that's kicking bfl's ass.
mircea_popescu: either their chips keep burning or software sucks or lots of overactive cats or wtf.
mircea_popescu: you know i suspect they've not been able to keep hash within 10% for six hour straight since the beginning of the month.
ThickAssLaptop: supposedly they added a few TH at ozcoin
gribble: Next difficulty estimate | 4749417.28355 based on data since last change | 4789887.21932 based on data for last three days
mircea_popescu: where are the th!
mircea_popescu: meanwhile... wtf. i thought it was 12th this week ?
gribble: There are currently 16666.852 bitcoins offered at or under 55.0 USD, worth 807037.068585 USD in total. | Data vintage: 32.2206 seconds
error4733: 33 to 45$ in 6 days ???
Chaang-Noi: mp i cant type for shit today...
ThickAssLaptop: and they do manual withdrawals over like 5btc or so
mircea_popescu: Chaang-Noi the concern is that volume is still low
gribble: BTCUSD ticker | Best bid: 43.33624, Best ask: 43.99000, Bid-ask spread: 0.65376, Last trade: 43.99000, 24 hour volume: 102601.01478656, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.14144
ThickAssLaptop: unless you are transferring from BTCT
mircea_popescu: so count two of us, i've never understood it either.
mircea_popescu: also the fees.
keith_hanson: I've never understood how people arbitrage across exchanges... doesn't the transfer of bitcoins from one account to the other take hours?
Chaang-Noi: back to 43.. atleast i get to see it trade there :)
ThickAssLaptop: and then they want my pph#
ThickAssLaptop: actually when i press it just tells me how many btc i wanna buy, 18889
mircea_popescu: dub it happens to me when ppl push 1mn buttons
Chaang-Noi: 18.5 cents to 16 cents cuz cheap ass btc
Chaang-Noi: fuck i cant type... mp yes, it is going down a bit now, but still well up
Chaang-Noi: only way to get cash now is sell ltc for cash, lol
Chaang-Noi: the spread at btc-e is about $2 most of the time, but they get cash in via bitinstant, and that is fail
ThickAssLaptop: looks like coinlabs ticker is not lagging
ThickAssLaptop: sry guys, i hit the Buy $1m button by accident
keith_hanson: dub: Well, so far so good then :P
keith_hanson: mircea_popescu: haha, nice. I gave the website a shot, but... you have to admit, it's pretty light on any sort of information :P