log☇︎
967000+ entries in 0.635s
mircea_popescu: Namworld well the appeal is this : if you go to iran and say hey, don't be stupid moving your dough on aplane, move it in bitcoin
mircea_popescu: ThickAsThieves totally. she owns them like....
Namworld: Maybe... I don't see the appeal in higher prices tho
ThickAsThieves: finally caught up on the chat log, mp, that stripper thread is great
mircea_popescu: so i think one of the reasons price is going up is to give space for various interests.
mircea_popescu: the thing with bitcoin is, the larger the total value the more appealing they are to people.
Namworld: It's just that now, we're way too high.
Namworld: It just seems like that price is not sustainable to me. Although I think Bitcoins are worth more than last year and will continue trending upward.
Namworld: Now in the last days, no asks almost. Price skyrocketed, no one was selling.
Namworld: The price raising fast over the yearly trend seems to be near pirate end, when lots of people got burned. Dropped a bit afterward. Then everyone started to load up for some reason.
swhitt: is there any way to see 2nd derivative of that trendline?
Namworld: yeah, uptrend. But the current price? Might be a bubble.
gribble: BTCUSD ticker | Best bid: 25.93500, Best ask: 26.00000, Bid-ask spread: 0.06500, Last trade: 26.00000, 24 hour volume: 141166.77007292, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.90903
swhitt: so I might do a combination of twitter+irc
swhitt: well, I'd want redundancy if it wasn't the "official" feed
swhitt: yeah, I completely understand. That makes sense.
mircea_popescu: you can probably configure a listener bot in this chan and it can push to you wherever tho
mircea_popescu: seems the most stable/efficient solution
mircea_popescu: ya but you'd have to be strategically important. in general what im thinking is push to some high uptime strong distribution networks and everyone can poll those
swhitt: thanks for the info
swhitt: that might be easier to ensure that everything is up to date.
swhitt: no way to subscribe to a push at this time?
mircea_popescu: you can also get the twitter feed, if you have a twitter api key
swhitt: mircea_popescu: oh, ok. I won't be anything near that. I'd let you know before I did anything close to that. How often does assbot poll?
mircea_popescu: the rss ? anything over 10 times a minute i guess
swhitt: if I were to be polling for changes
mircea_popescu: <Bugpowder> I wish I had enough coins to destroy this rally <<< one doesn't simply destroy this rally.
mircea_popescu: methinks the mtgox book may be as meaningless as the mpex book.
Namworld: But now the bids depths are very short
Namworld: Some bought back a few thousands...
gribble: BTCUSD ticker | Best bid: 25.78395, Best ask: 26.00000, Bid-ask spread: 0.21605, Last trade: 26.25000, 24 hour volume: 137291.37159601, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.87115
Namworld: To you too.
Bugpowder: going to bed
Namworld: I think the odds of the rally going down before the 22th are good. That first drop and more bearish ask is good enough to me.
Bugpowder: and it went to 21.72
Bugpowder: I bought the puts at 25.00
Bugpowder: I don't think it was a bad call though
Namworld: Better stick to your decision. That 10% will be no consolation.
Bugpowder: funds half the bond
Bugpowder: That dude that covered his put short
Namworld: I look at the depth charts
Namworld: people bought... but that was because there's no market depth.
Namworld: Dropped a lot, then it started going back up fast
Bugpowder: not convinced the drop is done
Bugpowder: I dunnot though
Bugpowder: make the dings stopppp
Bugpowder: there was a 5k green candle on the bounce now
Namworld: But I'm not 100% sure that soon will be before the 22th
Namworld: One of the larger player off to sell off a good chunk soon before it's too late.
Bugpowder: I wish I had enough coins to destroy this rally
kakobrekla: i am aware of depth, lookin at same thing since 2011 or what was it
Namworld: Look at the depth charts tho
Namworld: wow, did it bounce back to 26?
gribble: BTCUSD ticker | Best bid: 25.56458, Best ask: 25.57789, Bid-ask spread: 0.01331, Last trade: 25.42042, 24 hour volume: 131695.93004727, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.80064
swhitt: is there a way to subscribe to the trades feed without polling the rss feed?
Bugpowder: ha, the new header borked my spreadsheet
gribble: BTCUSD ticker | Best bid: 25.00929, Best ask: 25.19900, Bid-ask spread: 0.18971, Last trade: 25.19900, 24 hour volume: 126127.08330674, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77347
gribble: BTCUSD ticker | Best bid: 25.21206, Best ask: 25.30000, Bid-ask spread: 0.08794, Last trade: 25.30000, 24 hour volume: 125063.37060347, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77082
DeadWeasel: if you constantly watch the different charts, it's possible, but i work and eat and poop.
Bugpowder_: I think we are gonna drop from here
DeadWeasel: i love the speculation thread on bitcointalk
mircea_popescu: ya, nobody;'s timing this crap.
DeadWeasel: ain't no way to know
DeadWeasel: shoulda waited for todays dump though, but bugpowder is right
Bugpowder_: very very hard to time that shit
Bugpowder_: Show me a 5k volume candleon the 15m and I'll believe it
mircea_popescu: that may not be the best thing.
Bugpowder_: no volume on this move
gribble: BTCUSD ticker | Best bid: 25.21105, Best ask: 25.29999, Bid-ask spread: 0.08894, Last trade: 25.21103, 24 hour volume: 125052.58662713, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77029
Bugpowder_: I should have checked the reddit sentiment index
mircea_popescu: BitHub you mean, they give shares for your domains ?
gribble: BTCUSD ticker | Best bid: 25.20100, Best ask: 25.25167, Bid-ask spread: 0.05067, Last trade: 25.43850, 24 hour volume: 125018.23437143, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77011
BitHub: do you think bbet would exchange some shares with me for some domains?
Bugpowder_: are where the real money is made
Bugpowder_: and the options
Bugpowder_: despite the very resonable sale price on the current MAR futures
BitHub: i don't understand those enough
Bugpowder_: but nobody will buy them
Bugpowder_: Then you have the futures
mircea_popescu: and the div was calculated on ~400 btc that closed in january.
mircea_popescu: well, bitbet made ~1400 worth of bets in jan. there's already like 1300+ and it's half february
BitHub: long term play as well
Bugpowder_: but most growth potential there
Bugpowder_: so shares are very expensive relative to current div
Bugpowder_: S.BBET has potential, but got bought really high in the IPO
Bugpowder_: until I see more money flowing into the big betting accounts
BitHub: i think it might be the myspace of the bitcoin world
BitHub: yeah me too
Bugpowder_: but I have concerns about their revenue staying up
Bugpowder_: S.DICE is the heavy divvy stock
mircea_popescu: so that'd be a half bitcoin s.dice
Bugpowder_: bots are on it all the time
Bugpowder_: S.MPOE is like the daytrading stock
BitHub: every share i have pays a div, which is nice, long term play
Bugpowder_: but divs are nice too
BitHub: so buying and selling shares is much better than just waiting on divs?
mircea_popescu: because the listed busiensses are MUCH better at their business than avg btc person at allocating capital
mircea_popescu: there's actually perversely more room for stock appreciation than for dividends
Bugpowder_: good, keep that positive attitude and you'll go far son.
BitHub: just need to get that first n00b year out of the way