log☇︎
966500+ entries in 0.564s
mjr_: by the way...notice that reddit went through coinbase...
mjr_: but, i kinda appreciate not having to think about netflix, just automatically take my $7...if i had to call or actually do something...probably wouldn't be worth the effort
mjr_: yeah, i mean, that is kinda on the buyer
nanotube: (i.e., a lot of those guys count on people forgetting to cancel)
nanotube: yes, it's good for the seller, bad for the buyer....
mjr_: they love recurring monthly stuff vs they have to choose to pay each month
mjr_: just saying that would be a great feature to offer a netflix
nanotube: there's a protocol being developed for payment requests and receipts and stuff, that would probably be pretty good for it.
nanotube: though really i'm not sure i'd want to do any recurring payments automatically.
mjr_: yeah, the bitcoin channel is ok, though not super smart financially speaking
maximian: bitcoin sentiment is shifting from "lolz… monopoly money" to "wtf? really?"
nanotube: also, wallet with recurring payments... that's called a cronjob :D
mjr_: though it would be nice if there was a wallet that did recurring payments
mjr_: and it fits in very well with their model
mjr_: i think if many people push to get online content providers to offer it
mjr_: but at least they will have heard of it now
mjr_: and those that do may not even choose to use btc
nanotube: what's this, reddit takes bitcoins now? nice :)
maximian: perhaps the most important news event since the Silk Road story on Gawker
mjr_: even just offering the option...
mjr_: it makes sense for them
mjr_: they will at least think, oh that's a thing
mjr_: so now, if every redditor at least just sees the option if they go to pay
mjr_: going through coinbase
gribble: http://www.urbandictionary.com/define.php?term=reviled | 1. to assail with contemptuous or opprobrious language; address or speak of abusively. 2. to speak abusively.
Diablo-D3: I thought we already knew this?
mircea_popescu: jurov they said so iirc
mod6: wow. if that happens, i be buying.
gribble: A market order to sell 250000 bitcoins right now would net 3327608.8468 USD and would take the last price down to 2.2000 USD, resulting in an average price of 13.3104 USD/BTC.
mircea_popescu: a that
maximian: I think with this news, it's going to $30 for sure
gribble: BTCUSD ticker | Best bid: 27.25414, Best ask: 27.30710, Bid-ask spread: 0.05296, Last trade: 27.50000, 24 hour volume: 157549.28385180, 24 hour low: 21.72100, 24 hour high: 27.50000, 24 hour vwap: 25.25535
mircea_popescu: and makes the 2th figure look like shenanigans really.
mircea_popescu: Network total 23.541 Thash/s atm, which is even worse.
mircea_popescu: and if indeed they have 12th it will be 16th in btcguild out of 37th total
mircea_popescu: by now it's 1/3 of the whole pool
gribble: (sell <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a sell order for <amount> units of <thing, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {mtgox(ask|bid|last)} to index price to mtgox ask, bid, or last price. May also include expression of (1 more message)
Lyspooner: i'm trying to buy reddit gold with my bitcoin gems. someone help!
mjr_: why is there going to be a dump?
mircea_popescu: somewhatbashful will love that1.
DeadWeasel: dinner time tonight, 40-70kBTC dum
gribble: BTCUSD ticker | Best bid: 27.20000, Best ask: 27.22800, Bid-ask spread: 0.02800, Last trade: 27.20000, 24 hour volume: 153518.46183669, 24 hour low: 21.72100, 24 hour high: 27.25000, 24 hour vwap: 25.19122
gribble: Error: timed out
DeadWeasel: 12K to 28. Everyone expect a big drop at 30?
gribble: BTCUSD ticker | Best bid: 27.07455, Best ask: 27.08704, Bid-ask spread: 0.01249, Last trade: 27.24000, 24 hour volume: 153179.59959284, 24 hour low: 21.72100, 24 hour high: 27.25000, 24 hour vwap: 25.18652
mjr_: i love these exchanges
mjr_: man, this is great
Bugpowder: fuk this
DeadWeasel: thank you for saying that, i always get itchy trigger finger in these wild swings. I'm such an emotional woman
gribble: There are currently 0 bitcoins demanded at or over 29.0 USD, worth 0.0 USD in total.
gribble: There are currently 13698.669 bitcoins offered at or under 29.0 USD, worth 381539.936416 USD in total.
gribble: There are currently 10647.286 bitcoins offered at or under 28.0 USD, worth 294253.35604 USD in total.
gribble: There are currently 0 bitcoins offered at or under 27.0 USD, worth 0.0 USD in total.
gribble: There are currently 0 bitcoins offered at or under 26.5 USD, worth 0.0 USD in total.
mircea_popescu: went form 21 to 27 in 16 hours ?
gribble: BTCUSD ticker | Best bid: 27.09800, Best ask: 27.17804, Bid-ask spread: 0.08004, Last trade: 27.23334, 24 hour volume: 151359.26250357, 24 hour low: 21.72100, 24 hour high: 27.25000, 24 hour vwap: 25.15996
Bugpowder: Ireally managed tofuck up my best trade ever
gribble: BTCUSD ticker | Best bid: 26.88167, Best ask: 26.91933, Bid-ask spread: 0.03766, Last trade: 27.00000, 24 hour volume: 148547.21940210, 24 hour low: 21.72100, 24 hour high: 27.03987, 24 hour vwap: 25.12082
mjr_: so much easier to front run :) i gotta get to work on this bot
mjr_: and they let you send hidden orders *drool*
mjr_: so i can take advantage of that offer sitting on the books
mjr_: i want to move fast
mjr_: just seems to hard for me personally to get money all the way there
B0g4r7_: I used btc-e a couple times to exchange for LTC. Had no issues.
mjr_: seems too far away
B0g4r7_: But you don't trust, eh?
mjr_: they have the best prices always i think
mjr_: i wish i could trust btc-e
B0g4r7_: I was pleased to discover that once I had it talking to one exchange's API, it "just worked" with 3 others with no changes.
mjr_: if the spread was larger than the fees it would market make
mjr_: me too
mjr_: cuz i can transfer between these two relatively easily
B0g4r7_: I had the beginnings of a bot.
mjr_: gotta get to work on my bot
mjr_: i'm showing the arbitrage opportunity that exists right now
mjr_: look at bitfloor and then look at camp bx
mjr_: also...i find that these exchanges are much easier to arb
DeadWeasel: seems like a bot,i've got no way to know.
DeadWeasel: the one I assume is a bot because I see a .13 sell every 6 or 8 transactions, sometimes 3 in a row at .002 less than the last.
gribble: BTCUSD ticker | Best bid: 26.41728, Best ask: 26.42859, Bid-ask spread: 0.01131, Last trade: 26.42859, 24 hour volume: 143011.50114582, 24 hour low: 21.72100, 24 hour high: 26.67000, 24 hour vwap: 25.04569
DeadWeasel: the bot has changed his amount to .13 and is putting downward pressure on BTC price.
mjr_: has anyone used camp bx? they also look really good
mircea_popescu: im curious how the recent bitcoinica drama will unfold.
mjr_: i don't understand the voucher system and why we need an extra layer of annoyance
mjr_: their process is byzantine to me
mjr_: and i find their limits and fees onerous
mircea_popescu: this is true
mjr_: i think a bunch of small local exchanges is better for the ecosystem
mjr_: well...to be fair they say july 2011
mjr_: oh they advertise 80%
mircea_popescu: mt gox has something like over half, i think
mjr_: i think
mjr_: well ID to withdraw cash
mircea_popescu: mjr_ it's not the case.
mjr_: i think having 80% of volume go through mt.gox is insane
mjr_: he will be able to pay back if he collects more revenue
mjr_: i kinda want to help bring volume for many reasons
mjr_: not that he vouched in any way
mjr_: so, maybe a little riskier, but also i've emailed the guy and erik said he is a good guy, so i feel somewhat comfortable with it
mjr_: i mean, for me...i can drop off cash on the corner, have it in the account in a half hour, get PAID to trade (liquidity rebates) and don't have to use Mt. Gox (best reason)