log☇︎
977800+ entries in 0.732s
gribble: There are currently 17210.139 bitcoins offered at or under 20.0 USD, worth 335788.636849 USD in total.
gribble: BTCUSD ticker | Best bid: 18.50713, Best ask: 18.56289, Bid-ask spread: 0.05576, Last trade: 18.56299, 24 hour volume: 69393.03593511, 24 hour low: 16.80155, 24 hour high: 19.00000, 24 hour vwap: 17.73777
mircea_popescu: course i don't thinkl it's underwater atm
mircea_popescu: ^^ that.
Namworld: Well, always the next month to earn it back if it doesn't go down soon.
Namworld: But seems like MPOE will have a bad month. I think people mostly got calls
Namworld: well that too
mircea_popescu: Bugpowder on the calls
Bugpowder: wait, walls on the P330-350s?
mircea_popescu: i kinda like this "s.mpoe worth 600k btc x 50 a pop" business
mod6: im starting to wonder if someones bot went on derp mode
mircea_popescu: hahaha dude actually put up walls on the Cs
mircea_popescu: that's not even what the bot quotes
Namworld: mircea, should be getting tempting for you to crash MtGox price...
mircea_popescu: he HAS to insure against the 50 price
mircea_popescu: moreover, if he's for whatever reason short usd, like having taken in btc obligations and usd assets
mircea_popescu: even if the strike is 1 dollar less
mircea_popescu: makes sense to spend 50 per call rather than 100 per call.
mircea_popescu: if say he thinks it really does go to 50
mircea_popescu: or maybe he just has a diff price target in mind
Bugpowder: I wish I was a player like that
Bugpowder: he could have 30,000 BTC worth of currency to make plays on Gox too
Bugpowder: if he has 30,000BTC he can afford the 160s
Namworld: or else it's too slow
Namworld: Maybe he just has so much coins, he just HAS to buy these calls/sell these puts
Bugpowder: kakobrekla better close this http://bitbet.us/bet/152/btc-usd-at-mtgox-will-stay-below-18-35-and/
jcpham: or about tobe
jcpham: it's thursday though, right
jcpham: maybe that
Bugpowder: put down the pipe
jcpham: my days are running together
Bugpowder: 14 was last thurs
jcpham: no more talk
jcpham: i'm tired
jcpham: something like that i where i started keeping track
jcpham: nd what di we start the day at14?
Bugpowder: who wants to sell at 20 with a decent shot at 50
mircea_popescu: im not trading in the underlying market
jcpham: it's like you said you can feed it coins and control the rise
mircea_popescu: jcpham i guess that's a point yeah
jcpham: something should slow those trades a bit when it gets like that
jcpham: not really a bad thing if you ask me
mircea_popescu: if these trades unwound there it'd have pushed volume over 100k i guess
mircea_popescu: and since then... well... not much action on gox
mircea_popescu: for the past half hour
mircea_popescu: i think mpex quenched the rally.
Bugpowder: how much is the deposit on those?
mircea_popescu: boys, i have a theory, and i doubt you'll like it.
gribble: BTCUSD ticker | Best bid: 18.53503, Best ask: 18.59997, Bid-ask spread: 0.06494, Last trade: 18.53503, 24 hour volume: 71924.62261705, 24 hour low: 16.80155, 24 hour high: 19.00000, 24 hour vwap: 17.69668
Bugpowder: at least we know which way the well funded buyer wants the price to move
mircea_popescu: yah it's odd not the 160s
Bugpowder: BUY THE COINS
Bugpowder: BUY THE 160s
gribble: There are currently 17129.008 bitcoins offered at or under 20.0 USD, worth 334360.435189 USD in total.
gribble: BTCUSD ticker | Best bid: 18.55000, Best ask: 18.63493, Bid-ask spread: 0.08493, Last trade: 18.55000, 24 hour volume: 71498.59656065, 24 hour low: 16.80155, 24 hour high: 19.00000, 24 hour vwap: 17.69095
Bugpowder: and I changed my mind and rebought with the money I wanted to withdraw
mircea_popescu: dust-otc ya but that's in case ppl are half competent
Bugpowder: they wouldn't wire the money to that account
dust-otc: wires take ~3 days international
Bugpowder: I was never able to withdraw successfully
mircea_popescu: ever tried one the other way around btw?
gribble: BTCUSD ticker | Best bid: 18.53261, Best ask: 18.55000, Bid-ask spread: 0.01739, Last trade: 18.59997, 24 hour volume: 71460.90656065, 24 hour low: 16.80155, 24 hour high: 19.00000, 24 hour vwap: 17.69050
mircea_popescu: so upswings more likely to be accurate than downswings
mircea_popescu: than if it goes down and you have to send wires and wait for a week
mircea_popescu: truth is tho, there's an asymmetry at work. if price goes up it's much easier to add btc to exchangesd to quench it
jcpham: sortof ridiculous to predict
gribble: BTCUSD ticker | Best bid: 18.53259, Best ask: 18.65989, Bid-ask spread: 0.12730, Last trade: 18.53258, 24 hour volume: 71118.31556065, 24 hour low: 16.80155, 24 hour high: 19.00000, 24 hour vwap: 17.68502
mircea_popescu: this is certainly going to be record option volume month
mircea_popescu: i guess it all depends if one major holder decides to take 18 and exit
Namworld: althought that's not too much
Namworld: Mine is too. If average price doesn't go and stay at 18 or over, I lose some or all my 100 BTC
mircea_popescu: then again, it could go up too.
Namworld: If it goes down back even 2-3 BTC, that seller will bite his fingers
gribble: BTCUSD ticker | Best bid: 18.52651, Best ask: 18.66998, Bid-ask spread: 0.14347, Last trade: 18.68888, 24 hour volume: 68734.46498675, 24 hour low: 16.80155, 24 hour high: 19.00000, 24 hour vwap: 17.65469
Namworld: Was that someone buying puts?
mircea_popescu: lol from 2 to 12k btc exposure in 5 minutes.
Bugpowder: MPBOR gonna have a high % this month
Bugpowder: now THATS what I'm talking about
Bugpowder: I fucking love today
Bugpowder: All this AND S.DICE is now up 15k.
Namworld: What if he also wants to buy lots of BTC with cash?
mircea_popescu: Namworld well if you look at it, the whole set is 200 btc. liek a sdice bet
Bugpowder: but will probably end in tears
Namworld: If the guy has lots of BTC
mircea_popescu: lol taking EVERYTHING
Bugpowder: fucking tard
Bugpowder: I bot the 160s to hedge
Bugpowder: from early in the month
mircea_popescu: that doesn't sound too bad.
Bugpowder: I bot 1000 C160 last thursday on the first candle
Namworld: Instead of C160, they were better priced but I'd have gotten less
Bugpowder: the 160s are the best priced actually
Bugpowder: rather than in 5 minutes
Namworld: Who bought those?
Bugpowder: you pay the same
Namworld: They're the best priced!
Namworld: buy the C170T!
Namworld: Not sure I'd have bought those C190T...
Bugpowder: asks are clear to 19
Bugpowder: now that we are getting close, I'm gonna raise the price.