log☇︎
962900+ entries in 0.631s
BitHub: if you want to cash out sunday
BitHub: now is a great time to buy
Bugpowder: OK FOLKS, I called the last rally and bought calls to back up the predictions a month ago. Now I'm calling the crash and have puts to back it up.
DeadWeasel: if there is a rally sunday night then I bought at the right time, now?
DeadWeasel: me to0!
Bugpowder: also... the BFL bet should be paying me out soon.
Bugpowder: Should have waited till Sunday afternoon
Bugpowder: DeadWeasel: you bought TOO SOON
Namjies: Alright then
DeadWeasel: i did not take it so, I made the purchase already, before your opinion
DeadWeasel: ok. I sold 50 at 30.4 I just rebought them.
Namjies: I think we might just resume back upward...
DeadWeasel: so you think we'll drop much more this weekend?
mircea_popescu: https://bitcointalk.org/index.php?topic=144335.0;all lol this escalated quickly.
mircea_popescu: thats why i'm called mp btw. it's really close to np
Anduck: thanks for trying, mp
Anduck: ill try again later =)
Anduck: well i still seem to fail this somehow :_:
mircea_popescu: you know one of those days you'll have to fix that leading space bug you got there :D
assbot: these are farts that have phonetics
mircea_popescu: why's the bot talking out of its ass ?
Anduck: (lost bets / bet) * (weight / total weight) ?
mircea_popescu: in our case the 90361
Anduck: ok i'll try this
mircea_popescu: either yes or no as the case may be
Anduck: "total weight" being the weighted yes/no ?
mircea_popescu: lost bets / bet (weight / total weight)
Anduck: and 0.48 of that gets divided, right
mircea_popescu: now, the total bet pool is 0.48 + 3.15
mircea_popescu: ok. that person bet 1.15 btc and the weight was 16070.
mircea_popescu: go to http://bitbet.us/bet/46/gold-price-remains-below-1750-usd-oz-until-mid-february/ and look at it.
mircea_popescu: anduck. shut up for a moment and listen to me.
Anduck: just tell me that and i get it :)
Anduck: where does those nuumbers come from?
Anduck: Total bet is 12 BTC, so BitBet takes 0.12 BTC. The remainder 9.88 BTC is split according to weight : A gets 1 + 6.58666666 = 7.58666666 and B gets 1 + 3.29333333 = 4.29333333 BTC.
mircea_popescu: http://bitbet.us/bet/46/gold-price-remains-below-1750-usd-oz-until-mid-february/ look at this one.
Bugpowder: Can I win bitcoins in the example
Anduck: it would work this way better:
Anduck: just tell me the way to use the weight var
Anduck: its just poor describing by mircea popescu at that article, really.
mircea_popescu: Anduck and the bet has a total BTC pool and a total weight for the winning side, right ?
Anduck: you didnt tell how you actually calculate them, just throwing numbers around. so mp: how to do it
mircea_popescu: jessu the forum ?!
mircea_popescu: unter with them."
mircea_popescu: sm, and War Crimes Service – of the Republic of Croatia on charges of possession of, and/or having planted, explosives – so even if he reported me for e.g. nuclear terrorism, nothing new would happen. It would be interesting if he could get Antiteroristička jedinica "Lučko" – the "Lučko" Anti-Terrorist Unit – to attack my position in full combat gear to see if I would get startled as I've not yet had an enco
mircea_popescu: "LOL Well, then maybe he felt frustrated and powerless because reporting me to the police if that becomes desirable would be meaningless and inconsequential as they're already beating the poop out of me and/or arresting me approximately every 6 weeks – last time on January 17, 2013 CET when I was intercepted and arrested by Služba općeg kriminaliteta, terorizma i ratnih zločina – the General Criminality, Terrori
Anduck: mircea_popescu: how to calculate bitbet winning
mircea_popescu: stranger things have happened, but i kinda don't see it either.
Bugpowder: lets do this
Bugpowder: back to 17
Bugpowder: FRANK THE TANK FRANK THE TANK!
gribble: BTCUSD ticker | Best bid: 28.70001, Best ask: 28.88988, Bid-ask spread: 0.18987, Last trade: 28.88988, 24 hour volume: 74279.87605875, 24 hour low: 28.30166, 24 hour high: 31.30000, 24 hour vwap: 29.97270
mircea_popescu: and im off. take care all
mod6: im trying to remember who it was...
mod6: haha, i want to say that I remember that.
mircea_popescu: there's a quote this reminds me of.
mircea_popescu: truly a repository of the retarded.
mircea_popescu: "I'm an intern @ a hedge fund and they have been heavily investing in btc recently. We re set to stagger sell and close all our positions next week, over 6.5 million worth of btc will ensue a massive crash. Just givin fair warning so afterwards I can get credit for calling it. 18GuUNbzyifszKpBtp18cH4UsmH2EVeyG3"
mircea_popescu: lmao the bs.
gribble: BTCUSD ticker | Best bid: 28.63311, Best ask: 28.66000, Bid-ask spread: 0.02689, Last trade: 28.66000, 24 hour volume: 75515.13424352, 24 hour low: 28.30166, 24 hour high: 31.30000, 24 hour vwap: 30.14770
mircea_popescu: o lala check the gap
Bowjob: i think im fainting
gribble: BTCUSD ticker | Best bid: 28.42002, Best ask: 28.65000, Bid-ask spread: 0.22998, Last trade: 28.67900, 24 hour volume: 75429.09520144, 24 hour low: 28.30166, 24 hour high: 31.30000, 24 hour vwap: 30.14941
gribble: BTCUSD ticker | Best bid: 28.30166, Best ask: 28.99800, Bid-ask spread: 0.69634, Last trade: 28.30166, 24 hour volume: 75390.89745049, 24 hour low: 28.30166, 24 hour high: 31.30000, 24 hour vwap: 30.15433
Diablo-D3: not at all, Im asking for the entire market depth in both directions
kakobrekla: yes, but yours were the stupid ones
Diablo-D3: some of those were Bugpowders
gribble: There are currently 74166.811 bitcoins offered at or under 999999999.0 USD, worth 2300089391.95 USD in total.
gribble: There are currently 304891.96 bitcoins demanded at or over 0.9 USD, worth 3475777.04152 USD in total.
gribble: There are currently 37067587 bitcoins demanded at or over 0.0 USD, worth 3517373.93318 USD in total.
Bugpowder: [23:40] <mircea_popescu> i now see the wisdom of pizzaman1337's name lol
gribble: There are currently 2412.2888 bitcoins offered at or under 30.0 USD, worth 70658.6301887 USD in total.
gribble: There are currently 9089.5697 bitcoins demanded at or over 28.0 USD, worth 255454.402077 USD in total.
Diablo-D3: they said large, they were really closer to medium
Diablo-D3: frozen ones that are normally like $10
Diablo-D3: jcpham: they had a sale of $4.99 pizzas here
mircea_popescu: i now see the wisdom of pizzaman1337's name
ThickAsThieves: someone's pushing the price down methinks
mircea_popescu: btw, all this talk of bitcoin subdivisions is for the newbs. the pizza is the one unit of bitcoin wealth. sorta like fiat millionaire.
mircea_popescu: almost two whole pizzas.
mircea_popescu: and there's like what, 100k of them ?
mircea_popescu: dude, the reddit crowd has an aggregated 18 dollars in disposable income.
Bugpowder: I think
Bugpowder: this run up has been the reddit crowd driven
kakobrekla: ya, inverse that and use it to trade
mircea_popescu: ya tiotally matters
jcpham: reddit matters too
gribble: BTCUSD ticker | Best bid: 28.50000, Best ask: 28.50009, Bid-ask spread: 0.00009, Last trade: 28.50009, 24 hour volume: 73966.60498852, 24 hour low: 28.50000, 24 hour high: 31.30000, 24 hour vwap: 30.20182
Bugpowder: it doesnt have to hit 23 to make money on it
Bugpowder: one of these times its gonna pay off
Bugpowder: The reddit sentiment index is turning bearish though
Bugpowder: 28 is gonna be tough to break thru though
Bugpowder: but I don't want to support the price :-P
jcpham: <googlee> but there so exspensive right now at one time i was getting them for 25 a pop
Bugpowder: a good time for a crash
Bugpowder: nobody can fund accounts for the next 48 hours though
Bowjob: isnt options trading gambling?
Bowjob: I forbid the market to tank
Bugpowder: tank tank tank
Bowjob: I swear to Satoshi.. the marker is playing tricks on me