971500+ entries in 0.683s
Ukyo: since MP did
the last deposit processing
jurov: and behold
the spike in balance graph
jurov: Namworld, click on
the icon in in Final Balance row, right above "Donation Button"
Namworld: They might be
tied in options and whatnot
Namworld: jurov, most of
these funds were already
there before
the S.DICE planned slices
jurov: oh i actually meant "next 3
tranches are filled by
these deposits"
Ukyo: and working on 3rd
tranche
jurov: there's queued money for 2nd
tranche already
Namworld: I am not sure it will be
that hard. Plus next one should be higher still
ThickAsTh: but itll be interesting
to see how
this all unfolds
ThickAsTh: He'll get much better prices until market falls lower. Once we get
to
the 5th
tranche itll be hard
to sell at .0055
jurov: evoorhees: but it's fact
that if you announced yest, you'll get much better price. you see what happens yourself.
Namworld: there's a new
tranche coming up?
gesell: evoorhees:
there's no right way
to do anything. bravo for
trying but i guess people will get mad at something somewhere
jcpham: the
thing
that just came out
today?
Bugpowder: What is
the bitcoin
to Amazon coin exchange rate?
Lyspooner: sweet,
the best bitcoin asset is a casino
jcpham: he wanted me
to
tell you
to have a nice day,
though
jcpham: mircea
told me he was
taking everyones bittycoins
Bugpowder: people should park
their coins on mpex
maximian: there's always something
to be mad about :)
evoorhees: will people get mad at me for
that also? :)
evoorhees: by
the way - I won't release
the
tranche until mircea has joined and cleared
the funds
gesell: yeah, let it roll off. who knows, maybe mircea_popescu will save you by just not waking up for
the next 8 hours and
then it can be all his fault ;)
jurov: > can you work with MPEX
to speed it up?
jurov: I know it
takes 48hrs
to post due
to manual processing, etc ... but
kakobrekla: cheap shares yesterday = all is wrong, less cheap shares
today = all is swell!
jurov: if i credit
them late
there will be lynchmob or dunno
jurov: and i can't go sleep since coinbr users are pounding on
the door already
leotreasure: i missed
the 1st
tranche cos i went
to see
Tim Berners-Lee
gesell: im kind of resolving myself
to
the reality
that i might not see any of it. oh well
leotreasure: how many shares are in
the SD 2nd
tranche?
topace_: mircea_popescu: when will you be around
to process deposits?
gribble: smickles was last seen in #bitcoin-assets 1 day, 2 hours, 11 minutes, and 49 seconds ago: <smickles> i
think i recall someone keeping a log
jurov: and during IPO all
the
transactions went at price 55000
till
the order wasn';t exhausted
jurov: for exaple before IPO
there was buy order "Quantity":"54500", "Price":"55000"
jurov: yes. i'm just looking it up
to be certain
maximian: maybe
the bids will pile up high enough
that 0.0055 isn't reached.
mjr__: by
the way did he announce
the price is going
to be .0055
Bugpowder: BEFORE you place
the order, you will get improvement
mjr__: if i was closer
to
the ask, i would get price improvement
Bugpowder: all existing bids will be filled at
the bid price, highest first, on down
to a limit of .0055
mjr__: unless evoorhees chooses
to set certain shaers at different prices
mjr__: in
this situation it would also work
mjr__: i want
to buy 500 shares at
this price or better
Bugpowder: mjr__
think about it a little harder
mjr__: the only "limit" is how high you are willing
to pay, you can
think of it as saying "i will pay any price up
to
this price for
this number of shares"
Bugpowder: this is how it works in any
trading system
Bugpowder: if
the bid is higher
than
the price he posts
mjr__: second...jurov who runs
the broker said i would get price improvement
jurov: bugpowder, are you saying
that evoorhees will send sell order at 0.0055 and ends up paying more cause of mjr__?
mjr__: first...that's not
the way limit orders work
mjr__: you cannot pay MORE
than your bid
mjr__: limit is "an order
to buy a certain amount of shares at a certain price or better"
mjr__: if
they choose
to sell at my place
Bugpowder: you should get it at
the price you bid
jurov: but also someone other can sell
to you for
that higher price
mjr__: awesome, localbitcoins better come
through
today
mjr__: ok cool, so if i put it between
the bid and ask and evoorhees posts for under my bid i get price improvement...
evoorhees: jurov - I have a way
to see how many doublespends are successful against SD
mjr__: it doesn't have
to be crazy and new
mjr__: but
that is my point
mjr__: but
they did not actually do anything new
mjr__: they
try
to sell ease of use
SpNg: how does coinbase differ from say Mtgox?
They are both BTC wallets with
the ability
to convert from fiat
to BTC right?
mjr__: i am hoping
to meet with one later
this week
mjr__: the revolution will not be
televised lol
mjr__: and coinbase's stated goal is
to make it as easy as possible
to
transfer USD for BTC
mjr__: so business is starting
to notice
mjr__: i
think 2 actually raised half a mil each
mjr__: and i seriously doubt
that
those VC's and YCombinator would not at least
think of legal ramifications
iz: how much did
they raise?
mjr__: those are some HUGE names attached
to
the financing of over a half a million USD
mjr__: coinbase being
the most public example?
mjr__: have you not seen
the startups who have raised seed rounds?
Bugpowder: and people must bid
thier preferred price, with no guidance from
the offering
mjr__: i want
to buy some bitcoins locally in nyc
Bugpowder: jurov,
the random price idea is actually really good
Lyspooner: evoorhees, it seems like you went from bitcoin spokesperson
to accidental millionaire. how do you want
to be remembered?
ThickAsTh: and stop banks from ACHing
to bitcoin exchanges
ThickAsTh: Another
thing
the US could do is regulate where banks can send money
mjr__: i read an article where
they explained how govt
trying
to crack down on bitcoin would make it even more successful
mjr__: also i
thought sdice was in ireland...am i way off?
ThickAsTh: only vbecause
there are bigger, more guilty parties
mjr__: so i
think legally speaking he is quite safe
mjr__: i personally don't see how
the govt can say "not legal
tender" and
then at
the same
time say "you can't
trade play money"