log☇︎
975900+ entries in 0.594s
Ukto: The withdraw page clearly, plainly, and simply says I have 35.5btc available to withdraw. No further details.
Ukto: Clearly, plain and simple.. wow... that must be the cause of the problem right there.
burnside: I don't say anything about bid depth or order depth on the market.
Ukto: When you withdraw or transfer it cancels your orders you can no longer afford. Plain. Simple. Effective. I even have a display on the withdrawal page clearly showing the maximum you can withdraw without orders getting canceled -- AND, this behavior has been discussed to death in the btct/litecoinglobal threads.
Ukto: its incorrect then
Ukto: when looking at the overall market page
burnside: as of the time you load the book
burnside: [12:06] <Ukto> Regardless of 'pumping the numbers', i think traders have a right to knwo that a bid is actually backed, and not just a fake number on the books.
burnside: [12:05] <Ukto> and then its a complete, lie
burnside: [12:05] <Ukto> on btct, I can fill my account with 100btc, put up to 100btc orders on each asset, and withdraw the 100btc
burnside: no, you lied. you stated unequivocally that you could place 100 btc bids on all assets, withdraw 100 btc, and all your bids would remain.
Ukto: So in the end, I told the truth, that you can set bids on a per asset basis, right?
burnside: errr, assbot has been pretty quiet tho
burnside: heh, thanks pigeons, we need the volume!
pigeons: i just spent 2 btc on btc-bond to learn how this works
Ukto: I think, also to some degree, it misrepresents market size as well
burnside: we don't make any claims anywhere for "XX in bids are up across the whole exchange RIGHT NOW"
Namworld: but evaluating one individually will always show an accurate orderbook and that's all I care about.
Ukto: and that is yours
Ukto: Namworld: that is true.
Namworld: yeah. Orderbook is true only for the asset you're currently looking at... I don't see the problem with bids on other assets disappearing upon filling that orderbook
Ukto: and that my own actions are not damanging other possible actions
burnside: it's accurate as of when you load the book
Ukto: as a trader, I like to know that the books are there
burnside: that's always the case though, on a larger exchange the books are always changing.
Ukto: so that is my opinion
Ukto: but there is a level of expectancy
Ukto: and say its no diff than a bot auto moving orders
Ukto: because it wasnt actually there
burnside: locking on the backend would essentially work such that only your first 20btc of bids would go through
TradeFortress: inb4 race attack causes account balance to go negative
pigeons: its not fake cause it cancels immediately i agree, but also i dont think its user friendly, shouldnt accept the order
Ukto: Namworld: so all 6 of my 5btc pids could instnatly be filled even tho I have 20btc?
Namworld: It can just removes demand on other assets at the same time.
Ukto: so the question is
Namworld: How is it a lie? all bids on the book can be filled right away
burnside: I thought about that pigeons, but that's a ui issue where I decided that the order they're placing should rank higher than orders they already had. (what they want to do NOW outranks what they wanted to do yesterday.)
Ukto: whcih is why the major stock exchange do not do it
Ukto: I was saying that in my opinion i feel its a lie to show X btc worth on the books when its not actually there
pigeons: just don't accept the order
Ukto: yup, thats cool and nice to know
burnside: and not all of them, just the ones you can no longer afford
burnside: it's part of the order process
Ukto: apparently from the sound of pigeons
pigeons: nope not all of them
burnside: ahh, good question. on the bids side your highest bids get canceled.
pigeons: it isn't transparent how it chose
Ukto: pigeons: all of them ?
Ukto: are all teh rest canceled?
burnside: I get that you don't like it.
burnside: yes, the rest of how it works has been beaten to death
Ukto: so lets go back to $20
burnside: across assets, sure, but not on the same asset
Ukto: all of them?
pigeons: i'll try it now
Ukto: i cant force wsomeone to buy my shares.
burnside: The looking bad part I think you accomplish just fine on your own.
burnside: How could it look to be true that the order book is not backed? Orders you cannot afford get canceled... the functionality is plain and simple. And, you did not even try it?
Ukto: unless your whole goal is to troll and try to make me look bad ?
Ukto: still have no idea what asking about outstanding shares has to do with lieing or fud
Ukto: for something that to this moment looks to be ture?
Ukto: ah, how about a rebuttle where the statement was?
burnside: Ukto, just so we're clear. Anytime you post something that is incorrect, wrong, or misleading, I'm going to post a follow up with the truth. If that bothers you, I'm sorry, but it has to be done. If you don't want to be called a liar, then don't say definitively that something is true when it is not.
Ukto: reminds me of when I had my JAH shares on glbse, and rasta paid divs nightly, even though he only had to paid weekly.
Namworld: yeah. Well I had indeed made great profit trading options...
gribble: The average time to generate a block at 185000.0 Mhps, given difficulty of 2968775.33208, is 19 hours, 8 minutes, and 44 seconds
gribble: use the 'gentime' command instead
Ukto: Namworld: btw, I think those bonus divs were a great use of the pre-timed payouts to get some sales. I think it helped alot for getting shares out. :)
Ukto: since this channel was quoted into fhe forums, I responded and am posting that response here. Perhaps someone will quote this line as well. https://bitcointalk.org/index.php?topic=139755.msg1489006#msg1489006
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation: http://gribble.sourceforge.net/
mircea_popescu: trying to.
Bugpowder: So are the taking the second order money before anyone confirms receiving a functional unit?
mircea_popescu: i never watched that 1
thestringpuller: avalon guy scamming ? << futurama fry right there
mircea_popescu: actually https://bitcointalk.org/index.php?topic=139704.msg1488175#msg1488175 thats pretty good
jcpham: and the asics
jcpham: mircea_popescu but 16 posts means he learned a lot about the bitty coins
Lyspooner: let's go to sha 257
mircea_popescu: jcpham the forum
jcpham: where did that text come from
mircea_popescu: i have a special section "top 5 most idiotic things"
mircea_popescu: Do U think btc should move away from sha256 and let "normal" people the chance ?"
mircea_popescu: I realise that there are some ppl that allready invested in asic and fpga, but ton off ppl are unsatisfied with this.
mircea_popescu: We started off with a bitcoin that anyone could use and now were forced to buy stuff we dont really want.
mircea_popescu: "Would it be even remotely possible to force the change in sha256 bitcoin algorith to something else that asic and fpga devices couldnt compute?
mircea_popescu: a thread
dub: lol who was that?
mircea_popescu: not reading the forum ? missing out.
mircea_popescu: "ASIC's are not a natural technological generation leap like going from CPU to GPU was. ASIC's are simply specialized processing units made specifically for Bitcoin. Which i do not beleive is following the original intentions of Satoshi, for many reasons."
mircea_popescu: dub i kinda open source them
jcpham: -otc is getting or is like that now too
dub: you should resell those
dub: >9000 troll to 1 usefull post
jcpham: surrounding any of the asic stuff
jcpham: i haven't read ny of the forum fud
mircea_popescu: and made 3 boxes out of them
mircea_popescu: jcpham someone was opining that they got 300 chips of which 10 work
jcpham: but out of the box ready to mine with software is a game changer
jcpham: if definitely isn't leading the power consumption race
dub: wattage is accurately reported as 'higher than 400w'