log☇︎
957100+ entries in 0.71s
mircea_popescu: but in general, it's for bitcoin securities related talk + porn.
mircea_popescu: keith_hanson try bitcoin-assets.com ?
keith_hanson: Sorry if the question is a newbtastical one heh
keith_hanson: Hm. So... I took a look at the site, but it doesn't really talk about what this channel is for. Is it just general trading talk?
jcpham: 3 minute trade excution reported in #bitcoin
gribble: There are currently 274.49811 bitcoins offered at or under 45.0 USD, worth 12352.4148497 USD in total. | Data vintage: 0.0013 seconds
gribble: BTCUSD ticker | Best bid: 44.01000, Best ask: 44.05000, Bid-ask spread: 0.04000, Last trade: 44.13135, 24 hour volume: 101769.80421578, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.09091
Chaang-Noi: and this is with people trying to buy via bitinstant and being left out of the game...
gribble: BTCUSD ticker | Best bid: 44.06075, Best ask: 44.30000, Bid-ask spread: 0.23925, Last trade: 44.30000, 24 hour volume: 101787.86062457, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.04730
Chaang-Noi: people are buying 1000 plus coins at a time at this price...
gribble: There are currently 11448.341 bitcoins offered at or under 50.0 USD, worth 548166.438908 USD in total. | Data vintage: 0.0021 seconds
mircea_popescu: wow the last few ticks... totally ponzi looking
mod6: 43's are gone, and the even's wern't created this month
Chaang-Noi: jesus, i go take a shit and they are gone...
mircea_popescu: i think those were short
mod6: I guess it could be right, have to do the calculation, but someone bought a bunch of puts @ 75
mircea_popescu: hm can that be right ?!
ThickAssLaptop: "and though may never have to, it's good to have options"
gribble: BTCUSD ticker | Best bid: 43.90000, Best ask: 44.00000, Bid-ask spread: 0.10000, Last trade: 44.00000, 24 hour volume: 100112.20743136, 24 hour low: 36.71000, 24 hour high: 44.00000, 24 hour vwap: 39.94269
asciilifeform: Alaric didn't specifically target the concept of nobility.
jcpham: that was efore my time
mircea_popescu: why not the kingdom of bulgaria, to come full circle.
mircea_popescu: why not alaric, king of the goths ?
asciilifeform: Cromwell pulled the first modern idiot revolution.
mircea_popescu: english misunderstanding of french socialism is the problem.
mircea_popescu: colonialism is the solution, not the problem.
jcpham: or the romans if we want to really point fingers
jcpham: British colonialism is really to blame
mircea_popescu: asciilifeform i have a piece about how lincoln is the original cause america sucks.
asciilifeform: let's go the whole hog and blame... Cromwell.
mircea_popescu: we can't has good twang because perl.
mircea_popescu: fuck it. perl ruined the world.
mircea_popescu: ahahaha PERL HARBOR! totally.
mircea_popescu: why bnot go the extra mile and
jcpham: mostly i blame the japanese and perl harbor for the sad state of world affairs
jcpham: 'murica: ruining your culture with economics and technology since 1944
asciilifeform: mircea_popescu: the Serbs took care of their diversity problem prior to the bombing. In fact, that was the official excuse for the latter...
mircea_popescu: direct experience shows that without a government people are pretty much doing the exact same things.
mircea_popescu: for that matter, the collapse of the serbian govt during the allied bombing didn't engender much violence at all.
mircea_popescu: certainly less than what counts as a "quiet day" in washington dc or la.
mircea_popescu: but for the record, there wasn't much violence at the time.
asciilifeform: didn't think so
mircea_popescu: asciilifeform i am not at liberty to discuss.
mircea_popescu: this is one of those.
asciilifeform: of course speculators in necessities might as well have bull's eyes painted on them (both for idiot idealists and for marauders)
jcpham: or is that warren buffet
jcpham: that what bernanke tells me
jcpham: yeah idefinitely infuse rotten egs in the supply
mircea_popescu: a three week old egg in the summer is more of a weapon than a food item
mircea_popescu: yeah, provided it doesn't stay currency for too long.
jcpham: an egg as currency makes sense if perople are hungry though
error4733: just for crush the market to 0.003
mircea_popescu: dub they had it real bad at one point. so bad in fact
dub: mircea_popescu: what? were they hoarding the jools in their ass?
jcpham: if this 50 ish range finds support
mircea_popescu: came back with truck full of joolry and shit.
jcpham: mircea_popescu a lot of these numbers and amths are going to be staggering from now on
mircea_popescu: on the collapse of bulgaria in the 90s i went there with a truck full of cans
asciilifeform: sometimes via trade in basic necessities, sometimes with brute force
mircea_popescu: <asciilifeform> when a nation collapses, people from nearby (and not so nearby) places come to vacuum up the valuables. << word on that.
asciilifeform: when a nation collapses, people from nearby (and not so nearby) places come to vacuum up the valuables.
mircea_popescu: ok, the quantity of options i've sold is staggering.
asciilifeform: no, they do the traveling. See "shuttles" in the collapsing USSR period.
dub: asciilifeform: do you know how to make a sailboat?
dub: asciilifeform: you gonna sail to another country to trade with them?
mircea_popescu: <gribble> There are currently 112.41585 bitcoins offered at or under 43.0 USD, << epic.
asciilifeform: AU/AG have value if the collapse is less-than-global, and there are speculators who might trade you food/etc from abroad in exchange for some shiny metal.
mircea_popescu: <jcpham> i really hope this price finds long term support << it just might. the reason is that bitcoin with large marketcap is more useful than bitcoin with low mkt cap.
gribble: There are currently 14803.645 bitcoins offered at or under 50.0 USD, worth 693447.9213 USD in total. | Data vintage: 46.9849 seconds
gribble: There are currently 112.41585 bitcoins offered at or under 43.0 USD, worth 4833.88037854 USD in total. | Data vintage: 0.0015 seconds
jcpham: my thoughts on metal have changed
jcpham: the more i think about it the more i tend to agree
jcpham: i fell you there
dub: i don't understand how metal is supposed to have value when fiat doesnt
jcpham: should shit hit the fan
jcpham: i also have plans to lock down my little island
jcpham: i also have several thousand rounds of ammo
jcpham: i like to think i have enough shiny stuff to purchase something i might need
dub: protip: hoard food and ammo, nobody is goign to want your shiney metal
jcpham: i have some metal on hand in case i need to trade one day
dub: because when everyone is starving they are goign to care about silver and gold
jcpham: i really hope this price finds long term support
dub: so all these librariantarians hoard metal for the econopocalypse right?
mircea_popescu: i think many people love bitcoin PRECISELY because it's so ethereal.
mircea_popescu: more shit to stumble over.
jcpham: that i payed way to much for at this juncture
jcpham: i regret all the silver bullion i've bought
mircea_popescu: 50 is happening this week.
gribble: BTCUSD ticker | Best bid: 42.99998, Best ask: 43.00000, Bid-ask spread: 0.00002, Last trade: 42.99998, 24 hour volume: 98119.15011464, 24 hour low: 36.69989, 24 hour high: 43.00000, 24 hour vwap: 39.80119
mircea_popescu: jcpham i'm still in that phase, just, the rate supports my extravagance.
jcpham: and gave it to strangers for shits and giggles
jcpham: but this time last year i mined a few hundred bucks a day
mircea_popescu: jcpham i'm the agent of "never forget"
jcpham: 1600btc if i count the interest
jcpham: mircea_popescu i noticed that reference btw
Chaang-Noi: gets in the press, make a point
jcpham: buy them the things they need
mircea_popescu: Chaang-Noi yeah, asciilifeform was making the same point, marketing gimmick.
jcpham: anyways Ilaunder my money through my family
Chaang-Noi: mp that is lol but just a stunt, the cops will get arms