log☇︎
958800+ entries in 0.664s
mircea_popescu: it has one retarget till then, and it's not going up 200%
mircea_popescu: how;'s it gonna get to 6mn ?!
Bugpowder: quick someone by the fucking x.idiff.mar
Bugpowder: I'm gonna be sad if he drops to .004
thestringpuller: mircea_popescu: "How you gonna choke a legend ? You don't think I want to choke people ? You can't just choke all your problems, it takes hard work. If I had my way, I'd never work. I could stay home all day watch Scarface 50 times, eat a turkey sandwich and have sex all fuckin day. Then I'd dress up like a clown and surprise kids at schools. Then I'd take a dump in the back of a movie theater and just wait til s
Bugpowder: must be that guy
Bugpowder: someone really wants to dump a big load
Bugpowder: I also believe that the whale lives
pizzaman1337: is that what percentage the dividend will be if the price is at 5?
pizzaman1337: kakobrekla: yeah, rest of the world is closed
kakobrekla: at least mpex is not closed on the weekend, right pizzaman1337 ;)
Bugpowder: Even with no whale, I think S.DICE is worth .005
kakobrekla: its fun to watch rt :)
gribble: WARNING: Currently not authenticated. User Ukto, rated since Tue Jun 14 21:24:56 2011. Cumulative rating 17, from 12 total ratings. Received ratings: 12 positive, 0 negative. Sent ratings: 2 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=Ukto
Ukto: was very high is what I was told
kakobrekla: maybe that ian baked got some shares to sell
mircea_popescu: me "Because there's plenty of wombs and scarcely any bacteria on Mars. Abundance cheapens."
mircea_popescu: twitter "Why do the same people that say A baby in the womb is not life Say bacteria is considered "life" on Mars?"
mircea_popescu: and then got all excited about coinbr
mircea_popescu: jurov for my curiosity, the guy on reddit that "couldn't waiot" till another nonfee exchange opened
mjr_: good talking to you all
BitHub: mjr i'm all about partnering up and collaboration if you want help or access to australian/asian markets in the future, lets hook it up :)
mjr_: lol whats funny is that that company is more like a private equity thing than public company
mjr_: i would love to pick up some
mjr_: actually talked to him too
mjr_: i missed that
jurov: <TradeFortress> Selling up to 100 ASICMINER shares, pm me with offers.
BitHub: btw does anyone have any of those ASICMINER shares?
mjr_: also i could hopefully leave orders on bitfloors books to get liquidity rebates
mjr_: i would really like to work with bitfloor since they are NYC based, but i would like to have routes everywhere
mjr_: if they can provide access to markets
mjr_: i'm definitely hoping to partner with people in some way or another in the future
mjr_: but ideally, they could move large amounts of money relatively quickly and without too much slippage
BitHub: i'm still a startup myself trying to figure this stuff out, based in Australia / Asia check us out sometime - bithub.asia bithub.com.au bithub.biz
mjr_: depends, i am not exactly sure what the demand would be
mjr_: i think its probably 50/50 at best that it'd done in a year
mjr_: so i am mostly working on that right now
mjr_: providing we can deliver a stable good source of liquidity to them
mjr_: it is fairly reasonable odds that this other thing goes through
mjr_: so, if our deal goes through
BitHub: based in the usa?
mjr_: my partner/boss is meeting with those guys for our company (day job) but also selling them on this idea (our own side thing)
mjr_: well...not sure, we got the software and the servers and the location
mjr_: my little boutique tiny hedge fund will post some amazing gains
mjr_: and that day
mjr_: so they start using it in everyday life
mjr_: i want them to see this as an introduction
BitHub: just you know whatever you do, don't let those guys ruin bitcoin hey?
mjr_: yeah, but it basically would have like a matching engine so say account #25671 wants to buy and account #12543 wants to sell, it can match them internally, saving us the fees from mt. gox or wherever
mjr_: we have a top tier software system in place
mjr_: their forex company, who has said they are interested, would take care of the accounts, but they would offer one more symbol for their traders
thestringpuller: I'm taking preorders for bitcoin beer.
mjr_: ie. i don't have to worry abourt your funding, or settlement, i just worry about executing orders against the bitcoin exchanges
mjr_: is a symbol on a platform where people already trade dollars, euros, pounds and yen
mjr_: but suffice it to say
mjr_: if i can get the equivalent of half an avalon
BitHub: or set up a seperate branch to your company that's strickly a bitcoin mining company
mjr_: that is the synergy with the fpga project i have going on
mjr_: ie. you want to have this be a trade done as part of their profession, not as a side job or something
mjr_: not what you do with some person outside of the system
mjr_: but speed is the key here
mjr_: and again, they just did a trade with their own money and it didn't really relate to their job at all
BitHub: i buy outside of mtgox and its always cheaper than the current market price at that time
BitHub: let me tell you a secret
mjr_: mt. gox...10+ days to verify using dwolla
mjr_: since funding is always the worst part of bitcoin trading
mjr_: the point is to be able to use the existing accounts so i don't hve to worry about their funding
mjr_: and not in any way that would make me money
mjr_: but not at that amount
mjr_: see the problem?
mjr_: ok see you in 5 days then
mjr_: ok, well, i have to wire the money out of my account, and then i have to wire you the money
mjr_: give me the money
mjr_: looking at all the exchanges and finding the best price
mjr_: let's assume i actually had the market data to tell them
mjr_: because they trust me
mjr_: so let's say they call me
mjr_: of course they have no way of sending an electronic order
mjr_: lets go through it
BitHub: why they cant buy bitcoins using their coporate accounts
BitHub: so i dont understand the problem
mjr_: when i showed a trader what i was doing, he was like "why aren't you scalping this all day, like do it right now"
mjr_: which are already coming together
mjr_: its a long tough road i think
mjr_: so someone has to offer choices and volume
mjr_: and they all have different fees, volume, prices
mjr_: i can buy aapl on any one of a ton of differrent venues
mjr_: even though aapl is listed on nasdaq
BitHub: we talked about it yesterday
mjr_: my point is that everyone doesn't use nasdaq to trade aapl
Ukto: trust me on this. ;)
Ukto: before their thing hits
mjr_: but it is mostly a matter of getting the deal
BitHub: but the exisiting infrastructure its not like you could plug gox right into it yeah?
mjr_: and become the gateway for that infrastructure to the bitcoin world
mjr_: that's the goal for the platform, plug into existing infrastructure
mjr_: too long; didn't read: wall street professionals don't open up new accounts for all their trades, they use their existing high margin accounts
BitHub: so they only have to deal with you
BitHub: maybe you can act as a broker for them via that site
mjr_: but rather give them something to buy with their existing accounts