▁▁▁▁⏐︎▁ 18086
Bugpowder: Just when I reach the depths of despair... Someone starts buying bitcoins again.
mircea_popescu: lol
mircea_popescu: methinks you're maybe too emotionally invested ?
Bugpowder: its a highly leveraged position
Bugpowder: though, if I lost it all, I'd still be up 30% from Jan 1.
Bugpowder: so
Bugpowder: in bitcoin terms
mircea_popescu: not bad.
Chilca: mircea_popescu: Your order to BUY 4056 S.DICE @market price has been received and will be processed.
Chilca: mircea_popescu: assbot do not show it
Bugpowder: mpex was seriously fucked up this morning
Namworld: yeah
mircea_popescu: myeah.
Bugpowder: 2pm UTC
Chilca: mircea_popescu: should I try again?
gesell: wow, welcome back to the real world bcEUR (exchange finally not giving as many arbitrage opps)
mircea_popescu: yeah.
Gregoriano: happy to be a SDICE shareholder and put the tuition of my kids in safe hands
mircea_popescu: haha now that's a point
Gregoriano: ;)
mircea_popescu: hm, is assbot dead ?
gesell: Gregoriano: dividends paid up?
Namworld: poor jcpham. So am I
mircea_popescu: MPEx ‏@MPEx1
mircea_popescu: 13`014 S.MPOE @ 0.00065051BTC = 8.46573714BTC (= 175.24 USD). 11 #trade #bitcoin #btc #stocks
jcpham: i'm just watching the show i guess
mircea_popescu: i think assbot is ded.
Gregoriano: Just became a shareholder. Not sure if I need to wait a full month or will dividends will be pro rated
jcpham: no comment on the bitcoin goblin that is satoshidice
Namworld: Gregoriano: you get full dividend if you're the one holding the share at the time of dividend
jurov: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00711968 / 0.00733749 / 0.00739499 (107244 shares, 786.90 BTC), 7D: 0.00534524 / 0.00724625 / 0.0075 (679325 shares, 4,922.56 BTC), 30D: 0.00085848 / 0.00482134 / 0.0075 (6567424 shares, 31,663.79 BTC)
Namworld: So you should get a full dividend in the next days
jcpham: although i called it a goblin, so that's a comment
Gregoriano: @Namworld, wow, that's great
Gregoriano: @Namworld that's great
mircea_popescu: mkay, the good news is the brightest man i know has found a way to squeeze more out of less.
mircea_popescu: update goes up in ~2 hours, hopefully we see at least a few weeks w/o anymore desyncs
mircea_popescu: by which time more ppl write more bots.
gesell: update to mpex?
mircea_popescu: yes.
jurov: will be desync to end all desyncs
gesell: lovely
Namworld: Is that sarcastic? If it is, all I can imagine is someone: Look... if I press harder... more lemon juice comes out.
gesell: no
gesell: it is lovely
jcpham: mircea_popescu scaling issues?
mircea_popescu: jurov yea, finally creating that singularity.
mircea_popescu: jcpham you have no idea i tell you. i bet there's pools that do less hashes than mpex does txs
mircea_popescu: i am mining!
mircea_popescu: on cpus
jcpham: mine em' into the ground that's what i say
jcpham: screw the backups
jurov: i told you, mpex works on multiverse & miltidimensional scale
mircea_popescu: o, yea, i hope you all have mpex back-ups right ?
jcpham: when it's over. call the bitcoins gifts
jcpham: terrible humor. try to keep mpex running though for sure ;)
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 21.08910, Best ask: 21.09970, Bid-ask spread: 0.01060, Last trade: 21.09970, 24 hour volume: 45928.75755893, 24 hour low: 20.40000, 24 hour high: 21.13000, 24 hour vwap: 20.74014
Bugpowder: RALLY ON, WAYNE
Bugpowder: that's it, I'm turning the sound on
Bugpowder: oops
Bugpowder: rally off
Bugpowder: new wall
Bugpowder: sneaky bastards
assbot: [MPEX] [S.MPOE] 22074 @ 0.00065051 = 14.3594 BTC [-]
Namworld: price is already through the roof
mircea_popescu: lol Bugpowder is going to have a child with this rally
Bugpowder: mpex might be desynced again
Bugpowder: order executed but is not showing up
Bugpowder: in stat or web
jurov: well... now everyone go to coinbr and issue orders furiously :D
DeadWeasel: zeroconfirmations.com I think this is a great URL for a bitcoin blog.
StarenseN: -s
Bugpowder: dispair
mircea_popescu: mkay
assbot: [BTCTC] [RSM] 46 @ 0.0099 = 0.4554 BTC [+]
mircea_popescu: slightly more advanced dos-thing
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
jurov: eh?
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
Namworld: I see a bot eating 5 S.DICE at a time
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
JohnGalt: skynet it has begun
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
mircea_popescu: heh
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
mircea_popescu: this will be painful.
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
JohnGalt: I surrender
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
Namworld: nein nein nein nein nein nein nein nein nein
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
Bugpowder: lol
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
Bugpowder: lol
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
Bugpowder: lol
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
Bugpowder: lol
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
Bugpowder: lol
Bugpowder: lol
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
Bugpowder: lol
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
mircea_popescu: lol who was complaining about trades not going through ?
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
JohnGalt: whoever writes after me is dumb
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
mircea_popescu: you see nao
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
evoorhees: HFT!!! :)
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
mircea_popescu: lol
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
Namworld: So...
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
mircea_popescu: we are very synced nao
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
Namworld: You get 0.2% of each sale so...
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.MPOE] 11650 @ 0.00065938 = 7.6818 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
JohnGalt: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
mircea_popescu: they're not diff sales. just the same batch re-reported
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.DICE] 5 @ 0.00739499 = 0.037 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.19864392 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 1 @ 0.20174645 BTC [+]
assbot: [MPEX] [S.MPOE] 13200 @ 0.00065938 = 8.7038 BTC [+]
jurov: haha
Bugpowder: I bought those calls actually
evoorhees: did assbot get kicked?
jurov: yes
Bugpowder: and only 1 of each was on sale
Namworld: BOOM
Bugpowder: UH OH
Bugpowder: To certify that the aforementioned holds as of the quoted time the following with MPEx : To which add orders in the book fully paid in advance : To which add sums deposited as surety for 4th Friday settled option and future contracts :
Namworld: Die, bot, die
jurov: Bugpowder got pwned
Namworld: or is it bort? or Bart?
jurov: Bugpowder not really, next stat should be normal
Namworld: Mine is normal
JohnGalt: are you the s.dice guy evoorhees? fill up your wallet I wanna play 0.1 on 64000x :P
Namworld: no, you must bet on the house
mircea_popescu: ok let's try this again
mircea_popescu: anyone want to buy/sell 1 share of something ?
Namworld: I'll do
evoorhees: JohnGalt... the max bet for that is .0783 right now
evoorhees: if you win, I'll hunt you down!
JohnGalt: I want to be they guy who won 130k dollarz, not 100k, will it go back to 0.1?
Namworld: long term, the 64000x has as much chance earning money for SD
mircea_popescu: ok, go for it Namworld
Bugpowder: My holdings are back
mircea_popescu: hum this isn;'t reporting ;/
assbot: [MPEX] [S.BVPS] 1 @ 0.01499986 BTC [-]
mircea_popescu: o wait
Namworld: It is
mircea_popescu: aha!
Namworld: assbot wasn't in here
mircea_popescu: okay. totally different configuration of shit engaged.
mircea_popescu: this should really work much better. we see.
jurov: you can perhaps allow HTTP/1.1 pipelined requests now :DDD
mircea_popescu: o, no, i'll enjoy last summer-style peace and quiet for at least a few days
assbot: [MPEX] [S.MPOE] 18500 @ 0.00065092 = 12.042 BTC [+]
assbot: [MPEX] [S.MPOE] 18500 @ 0.00065092 = 12.042 BTC [+]
assbot: [MPEX] [S.MPOE] 1 @ 0.00065092 BTC [+]
assbot: [MPEX] [S.MPOE] 1 @ 0.00065092 BTC [+]
assbot: [MPEX] [S.MPOE] 1 @ 0.00065092 BTC [+]
assbot: [MPEX] [S.MPOE] 4750 @ 0.00064937 = 3.0845 BTC [-]
assbot: [MPEX] [S.MPOE] 10985 @ 0.00064927 = 7.1322 BTC [-]
assbot: [HAVELOCK] [SDICE] 15 @ 0.79 = 11.85 BTC [+]
pigeons: $20 is the new $20
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.41001, Best ask: 20.48000, Bid-ask spread: 0.06999, Last trade: 20.41001, 24 hour volume: 50513.17507919, 24 hour low: 20.40000, 24 hour high: 21.13000, 24 hour vwap: 20.72567
assbot: [MPEX] [S.MPOE] 4 @ 0.00065092 = 0.0026 BTC [+]
Guest7347: !ticker h sdice
assbot: [HAVELOCK:SDICE] 1D: 0.70500000 / 0.7714362 / 0.89000000 (522 shares, 402.68969702 BTC), 7D: 0.55000001 / 0.72723107 / 0.89000000 (1489 shares, 1082.84706155 BTC), 30D: 0.37000000 / 0.53753253 / 0.89000000 (6278 shares, 3374.62925095 BTC)
assbot: [MPEX] [S.MPOE] 6512 @ 0.00064927 = 4.228 BTC [-]
assbot: [MPEX] [S.MPOE] 2288 @ 0.00064855 = 1.4839 BTC [-]
assbot: [MPEX] [S.MPOE] 2288 @ 0.00064855 = 1.4839 BTC [-]
mircea_popescu: great, now we have echo
assbot: [MPEX] [S.DICE] 1500 @ 0.00739201 = 11.088 BTC [-]
assbot: [MPEX] [S.DICE] 8500 @ 0.00739499 = 62.8574 BTC [+]
assbot: [MPEX] [S.DICE] 8500 @ 0.00739499 = 62.8574 BTC [+]
assbot: [MPEX] [S.MPOE] 9646 @ 0.00064855 = 6.2559 BTC [-]
assbot: [MPEX] [S.MPOE] 13842 @ 0.00064852 = 8.9768 BTC [-]
Ukto: echo
Ukto: btw
Ukto: mircea_popescu
Ukto: did you see bitfunders new favicon ?
Ukto: :P
assbot: [MPEX] [S.DICE] 500 @ 0.00739499 = 3.6975 BTC [+]
mircea_popescu: i hadn't
jurov: favicom omg. coinbr has favicon too. hand drawn by myself :D
assbot: [HAVELOCK] [SDICE] 5 @ 0.77 = 3.85 BTC [-]
assbot: [HAVELOCK] [SDICE] 40 @ 0.765 = 30.6 BTC [-]
assbot: [MPEX] [S.MPOE] 14008 @ 0.00064852 = 9.0845 BTC [-]
assbot: [MPEX] [S.MPOE] 5942 @ 0.00064763 = 3.8482 BTC [-]
gesell: how does https://bitfinex.com/pages/stats determine its bear bull index?
assbot: [MPEX] [S.DICE] 1000 @ 0.00728888 = 7.2889 BTC [-]
assbot: [MPEX] [S.DICE] 150 @ 0.00728887 = 1.0933 BTC [-]
assbot: [MPEX] [S.DICE] 150 @ 0.00728887 = 1.0933 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.00721781 = 2.8871 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.00721781 = 2.8871 BTC [-]
assbot: [MPEX] [S.MPOE] 805 @ 0.00065092 = 0.524 BTC [+]
assbot: [MPEX] [S.MPOE] 12812 @ 0.0006554 = 8.397 BTC [+]
assbot: [MPEX] [S.MPOE] 788 @ 0.00064872 = 0.5112 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.0006588 = 2.8467 BTC [+]
assbot: [MPEX] [S.MPOE] 54892 @ 0.00065881 = 36.1634 BTC [+]
assbot: [MPEX] [S.MPOE] 7581 @ 0.00066031 = 5.0058 BTC [+]
assbot: [MPEX] [S.MPOE] 27600 @ 0.0006619 = 18.2684 BTC [+]
assbot: [MPEX] [S.MPOE] 3432 @ 0.00066304 = 2.2756 BTC [+]
assbot: [MPEX] [S.MPOE] 1386 @ 0.00066523 = 0.922 BTC [+]
mjr_: hi everyone
mircea_popescu: hi mjr_
mjr_: i created an online presentation
mjr_: https://docs.google.com/file/d/0B5ZviIIaT7_kYzdaUloyR05La2M/edit?usp=sharing
mjr_: it briefly explains bitcoins in what i hope is easy to understand terms
mjr_: i was hoping that a few people would take a quick skim and let me know if there are any glaring errors
assbot: [MPEX] [S.DICE] 145 @ 0.00739499 = 1.0723 BTC [+]
mjr_: has anyone used bitinstant?
mircea_popescu: can you put it somewhere in a text format ? pastebin maybe ?
mjr_: and are they worthwhile? i am interested in the cash deposit method
mjr_: hmmm, might be able to but it is slides...would pdf work?
mircea_popescu: i guess.
mjr_: its a google doc right now...i figured everyone could read it easily
mircea_popescu: bitinstant is solid as far as i hear.
mircea_popescu: hello ShaTwo
mircea_popescu: everyone, this is the bitmillions guy.
ShaTwo: jeje..
ShaTwo: Hi everybody..
ShaTwo: we just launched today… http://bitmillions.com
Namworld: the private key decrypts and the public key encrypts? I was certain it was the other way around.
ShaTwo: Love to ear comment on the site..
mircea_popescu: depends what you're doing
Namworld: for bitcoin transactions
Namworld: not receiving private messages
mircea_popescu: tbh i have no idea
mjr_: i mean the messages are not really encrypted
mjr_: you are signing the message with the key
mjr_: but i did not want to get into very small dettail
mjr_: since i am assuming a non techie audience lol
Namworld: yeah, but it says the public key encrypts and can be given, and private key unencrypt and must be kept private
mjr_: but in order to send an encrypted message...i would encrypt it using your public key, you would be the only one able to read it
mircea_popescu: tbh, i thought you're signing with their public key.
Namworld: should be private key sign transactions and must be kept private
Namworld: public key verify signature and can be given publicly
mjr_: yes...that is how bitcoin works...i think that section was more about cryptography in general
mjr_: but i can update it to show how it is used in this instance
mjr_: i wanted to explain public key cryptography in as simple terms as possible
mjr_: which is pretty tough
mjr_: especially because i don't want to say "trust me, it works"
mircea_popescu: "math"
mjr_: yes lol\
mjr_: but overall pretty clear and readable?
mjr_: i'm working on getting bitcoins accepted on this other site too
mjr_: a binary options site
kakobrekla: url?
assbot: [MPEX] [S.MPOE] 4321 @ 0.00065619 = 2.8354 BTC [-]
assbot: [MPEX] [S.MPOE] 7073 @ 0.00065606 = 4.6403 BTC [-]
Ukto: ShaTwo: damn you
assbot: [MPEX] [S.MPOE] 11700 @ 0.00065606 = 7.6759 BTC [-]
Ukto: your system is very similar to one I have in the works lol
Ukto: and you have a nice site :)
ShaTwo: Ukto: jeje… really?
Ukto: yeah
Ukto: mine wasnt on a per block basis
Ukto: but very similar
Ukto: pm ? :)
ShaTwo: Sure
mjr_: ShaTwo: omg the coins falling is loud
mjr_: lol
ShaTwo: mjr_: LOL
mircea_popescu: ShaTwo you totally have to make your wot
mjr_: i was like "what the..."
mircea_popescu: ;;register
gribble: (register <nick> <keyid> [<keyserver>]) -- Register your GPG identity, associating GPG key <keyid> with <nick>. <keyid> is a 16 digit key id, with or without the '0x' prefix. Optional <keyserver> argument tells us where to get your public key. By default we look on servers listed in 'plugins.GPG.keyservers' config. You will be given a random passphrase to clearsign with your key, (1 more message)
ShaTwo: mircea_popescu: I will… I didn't sleep in 40 hours … so I will leave for tomorrow :)
mircea_popescu: some sleep is required.
assbot: [MPEX] [S.MPOE] 4500 @ 0.00066321 = 2.9844 BTC [+]
mjr_: the site looks good ShaTwo
ShaTwo: Thanks :)
pigeons: http://i45.tinypic.com/o10irs.jpg
mircea_popescu: Bugpowder quick! it's collapsing!
assbot: [MPEX] [S.MPOE] 4300 @ 0.00066511 = 2.86 BTC [+]
mircea_popescu: https://bitcointalk.org/index.php?topic=101902.msg1496505#msg1496505
mircea_popescu: anyone seen that ?!
assbot: [MPEX] [S.MPOE] 13700 @ 0.00066457 = 9.1046 BTC [-]
assbot: [MPEX] [S.MPOE] 8727 @ 0.00065606 = 5.7254 BTC [-]
assbot: [MPEX] [S.MPOE] 30550 @ 0.00065375 = 19.9721 BTC [-]
assbot: [MPEX] [S.DICE] 5000 @ 0.00732211 = 36.6106 BTC [-]
assbot: [MPEX] [S.MPOE] 3566 @ 0.00064763 = 2.3094 BTC [-]
assbot: [MPEX] [S.DICE] 660 @ 0.00732211 = 4.8326 BTC [-]
assbot: [MPEX] [S.DICE] 240 @ 0.00721781 = 1.7323 BTC [-]
assbot: [BTCTC] [BTC-BOND] 9 @ 0.0098 = 0.0882 BTC [-]
assbot: [MPEX] [S.DICE] 200 @ 0.007395 = 1.479 BTC [+]
Namworld: Wow. That's a huge crash. 2% under face value
assbot: [MPEX] [S.MPOE] 3592 @ 0.00064763 = 2.3263 BTC [-]
assbot: [MPEX] [S.MPOE] 13208 @ 0.00064703 = 8.546 BTC [-]
drug_motor: http://www.youtube.com/watch?v=NOCW6qHfKBw
mircea_popescu: lol .1 btc
jurov: Mining difficulty futures now on BitFunder: https://bitcointalk.org/index.php?topic=140608.0
Namworld: Anyone selling DMC shares?
mircea_popescu: a now this is interesting
mircea_popescu: This asset is available for shorting to anyone who provides collateral. Please inquiry on info@coinbr.com about doing so. Escrow at trusted third party is possible.
mircea_popescu: that's kinda vague.
mircea_popescu: so what's the collateral ?
assbot: [HAVELOCK] [SDICE] 10 @ 0.765 = 7.65 BTC [-]
jurov: CoinBr.iDiff-O has 0.08 BTC/share, CoinBr.iDiff-E 0.15/share
jurov: its in description
mircea_popescu: aha so fixed.
mircea_popescu: i think you meant 20th march said february in the btctalk post
jurov: no, iDiff-O expires in February
jurov: and iDiff-E in March
mircea_popescu: o i c
assbot: [HAVELOCK] [SDICE] 34 @ 0.765 = 26.01 BTC [-]
mircea_popescu: how'd you fix the collateral level ? educated guess ?
jurov: yes, educated guess... hope i can come out with fixed rule in future
Namworld: Hey...
mircea_popescu: well im curious how this works out.
Namworld: I just discovered somethingawful while making a search for bitcoin related stuff...
pigeons: "Bitcoin still exists, and still provides comedy gold!"
Namworld: Seems those guys are aware of EVERYTHING happening in the Bitcoin community...
assbot: [MPEX] [S.MPOE] 9250 @ 0.00064703 = 5.985 BTC [-]
mircea_popescu: any good quotes ?
Namworld: Anyone ever thought of going there and sealing it? Seems like there's a trolls leakage.
Namworld: Seems they're making fun of scams, Bitcoins and etc.
mircea_popescu: haven't they been forever ?
Namworld: Maybe, idk
Namworld: http://forums.somethingawful.com/showthread.php?threadid=3486823
Namworld: 364 pages of bitcoin related posts and trolling
mircea_popescu: a cool
Namworld: and they're informed enough that some of them are probably lurking around bitcointalk.org posting inane content.
assbot: [MPEX] [S.MPOE] 8003 @ 0.00065023 = 5.2038 BTC [+]
jurov: yes someone wrote complaining blogpost about their troll activity on btctalk/reddit
mircea_popescu: http://trilema.com/2013/bitbet-january-2013-statement/
assbot: [MPEX] [S.DICE] 1400 @ 0.007395 = 10.353 BTC [+]
jurov: dividends? or already sent?
mircea_popescu: in a sec.
assbot: [MPEX] [S.MPOE] 3078 @ 0.00065023 = 2.0014 BTC [+]
assbot: [MPEX] [S.MPOE] 6964 @ 0.00065026 = 4.5284 BTC [+]
gesell: has sdice thought about becoming a payment processor as well so that it can take USD emmediately? of course it comes with the headache of other exchanges but with sdice's current exposure in the "real world" it might bring lots of new players aand new bitcoin users
jurov: gesell, it would need casino license
jurov: if it touched usd
gesell: sorry
gesell: not usd
gesell: hmm
gesell: yeah guess that is out of the picture
gesell: rest of the world?
gesell: or maybe bitinstant or bitpay should have a sdice quick road
gesell: for the nonUS world
jurov: well, gambling is regulated almost everywhere.. easier just to stick to btc
gesell: guess its all messy. but just looking at how to reduce the barrier from a gambler hearing about sdice and bitcoin, and then going off to figure out how to get started
gesell: how do online gamblers say, in the EU, deal with this now? getting funds in i mean
jurov: i'm not gambler, just heard something about skrillex/liberty reserve/etc. basically, e-gold currencies.
Namworld: bank account transfer to one of the exchange... how hard is it, really
Namworld: one time setup and then you're set
mircea_popescu: gesell what would be the benefit ?
mjr_: yeah...bank account transfer
gesell: additional players
mjr_: $15
mjr_: then get the joy of paying the fee again on the reverse
mjr_: i hate banks
mircea_popescu: gesell ya but when you have a pizzeria doing great pizza
mircea_popescu: you don't start doing kebab just cause "more players"
mjr_: stick to making pizza
mjr_: good idea to have an easy inroad, but bad idea for them to touch USD
assbot: [MPEX] [S.MPOE] 1109 @ 0.00065026 = 0.7211 BTC [+]
assbot: [MPEX] [S.MPOE] 3291 @ 0.00065679 = 2.1615 BTC [+]
assbot: [MPEX] [S.MPOE] 3291 @ 0.00065679 = 2.1615 BTC [+]
gesell: mircea_popescu: all true. but if you might contemplate how to make it easier for people that hear your pizza is great but dont come because the path seems complex, to make it less complex
Namworld: lol... almost no fees for Bitcoins. It's fund when you eliminate all the regulations/employees burden on transactions.
mjr_: i know
Namworld: It's fun*
mjr_: i look forward to the day you can get a home loan in bitcoins
jurov: gesell, be assured they did contemplate. i did too
mjr_: maybe using the contracts feature of bitcoin
jurov: but it's too big hassle to deal with fiat in realtion to gamblin and securities. i
jurov: but it's too big hassle to deal with fiat in realtion to gamblin and securities. i'm glad i don't have to
jurov: derp
mjr_: yeah...avoid the regulation as much as possible, you would probably lose money because of the compliance requirements
mjr_: that is one of the reasons sdice and the others are doing so well, super low overhead, and easy transfer in and out
mjr_: i am going to try bitzino for the first time :)
assbot: [MPEX] [S.MPOE] 1030 @ 0.00065679 = 0.6765 BTC [+]
assbot: [MPEX] [S.MPOE] 2789 @ 0.0006568 = 1.8318 BTC [+]
assbot: [MPEX] [S.MPOE] 2789 @ 0.0006568 = 1.8318 BTC [+]
assbot: [HAVELOCK] [SDICE] 11 @ 0.765 = 8.415 BTC [-]
gesell: if i had the exposure that sdice is getting i'd start to try to find ways measure the effect of bitcoin-user-bootstrap friction and process, and then reweigh the hassel of dealing with fiat depending on number of users. I mean consider the profit that MTGox makes and they have to deal with this hassel, and the profits SDice has. the question is if reduced friction for fiat entry to btc to sdice would add a logrythmic increase in profits...
gesell: i guess he's more focused on stability at the moment, which is fare
gesell: but i'd still contemplate if this friction could be measured
mircea_popescu: sdice actually makes significantly more than mtgox neh ?
gesell: mircea_popescu: i think so
mircea_popescu: so then ? why fuck with it
pigeons: i smell a biz school grad
gesell: because someone else might. because you are going to have competitors coming in that have dealt with fiat hassels for a long time and now adding btc
jcpham: smells like reggae music
mircea_popescu: so if anyone cares im curling that sa thread and will post it w/o all the cruft
mircea_popescu: possibly adnotated or i dunno
pigeons: smells like old liquor when we're out of teen spirits
assbot: [MPEX] [S.MPOE] 4321 @ 0.00065662 = 2.8373 BTC [-]
assbot: [MPEX] [S.MPOE] 4279 @ 0.0006568 = 2.8104 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00064739 = 2.7974 BTC [-]
assbot: [MPEX] [S.MPOE] 7079 @ 0.00064704 = 4.5804 BTC [-]
mircea_popescu: ahh i like the new mpex.
assbot: [MPEX] [S.MPOE] 2413 @ 0.00064713 = 1.5615 BTC [+]
jurov: mpoe-pr meets somethingawful? now that would be something
Namworld: I don't see any difference
mjr_: omg, i love bitzino
mircea_popescu: sed -e :a -e 's/<[^>]*>//g;/</N;//ba' << anyone tell me what that does ?
assbot: [MPEX] [S.DICE] 400 @ 0.007395 = 2.958 BTC [+]
mircea_popescu: jurov they'd prolly ban her.
assbot: [HAVELOCK] [SDICE] 4 @ 0.7899999 = 3.16 BTC [+]
gesell: noticing this small delay sometimes in bitzino blackjack where after i "stand" and the dealer contemplates what he does there is sometimes a long pause, sometimes not. could be nothign but reminds me of an article 10 years ago in 2600mag where someone saw something similar that indicated when when the dealer had 21. actually it would happen whenever it asked him if he wanted to buy insurance. there was a 5 second delay in the dialog if the dealer had 21.
assbot: [MPEX] [S.DICE] 1562 @ 0.007395 = 11.551 BTC [+]
Namworld: So, like.... 0.00000067 BTC per share this month for S.BBET?
gesell: the author worked out how to execute that advantage to make oodles
mircea_popescu: Namworld something tiny
gesell: up, and there is the article (from 2005, hack on paradisepoker.com) http://servv89pn0aj.sn.sourcedns.com/~gbpprorg/2600/paradise_poker.txt
assbot: [MPEX] [S.MPOE] 4321 @ 0.00065661 = 2.8372 BTC [+]
assbot: [MPEX] [S.MPOE] 8679 @ 0.0006568 = 5.7004 BTC [+]
jurov: only if i could derive something such from mpex glitches :P
jurov: so far i only gathered information it seems to use mysql :)
gesell: really? mpex? damn i would've thought mircea_popescu rolled with some textfile foo database like a boss
assbot: [BTCTC] [MININGCO.ETF] 1 @ 0.5 BTC [-]
mircea_popescu: teh webservers are lamps
Namworld: The lamps. Stack em.
assbot: [HAVELOCK] [SDICE] 1 @ 0.7899999 BTC [+]
assbot: [MPEX] [S.MPOE] 1786 @ 0.0006568 = 1.173 BTC [+]
assbot: [MPEX] [S.MPOE] 21 @ 0.00065983 = 0.0139 BTC [+]
assbot: [MPEX] [S.MPOE] 5693 @ 0.00065984 = 3.7565 BTC [+]
assbot: [MPEX] [S.MPOE] 5693 @ 0.00065984 = 3.7565 BTC [+]
gesell: sorry, but gonna paste this one on how the author worked out the advantage due to delay on insurance buy (when dealer has ace showing) and working out time required and money that could be made:
gesell: "The dealer will have an Ace as his up card approximately once every 13 hands. Four out of 13 times, the dealer will also have a 10 in the hole. This means that you would get to exploit this bug approximately four times every 169 hands (1/13 x 4/13). This translates to a 2.366 percent more favorable situation for the player. Without the exploit, you would expect to lose 56 cents for every $100 bet. So with the exploit, this translates to a 1.778 percent
jurov: gesell, do you know there was successful doublespend attack to satoshidice?
gesell: no, oh? nice
gesell: will go check btctalk
mircea_popescu: mk so where do i pastebin a 10mb textfile ?
pigeons: #eligius
kakobrekla: :DDDDD
mircea_popescu: lol
assbot: [MPEX] [S.MPOE] 1908 @ 0.00064713 = 1.2347 BTC [-]
assbot: [MPEX] [S.MPOE] 2921 @ 0.00064704 = 1.89 BTC [-]
assbot: [MPEX] [S.MPOE] 3293 @ 0.00064703 = 2.1307 BTC [-]
assbot: [MPEX] [S.MPOE] 6678 @ 0.00064676 = 4.3191 BTC [-]
gesell: bitcoin is going to change the field of hacking as much as it does finance
jurov: lol. why not just put it on webserver?
assbot: [MPEX] [S.MPOE] 4321 @ 0.00065949 = 2.8497 BTC [+]
assbot: [MPEX] [S.MPOE] 11679 @ 0.00065984 = 7.7063 BTC [+]
assbot: [MPEX] [S.MPOE] 11679 @ 0.00065984 = 7.7063 BTC [+]
mjr_: yeah that is true
mjr_: security will be everything...
gesell: many hackers find 0day and sit on it because publishing wont bring you more money and you already make enough to not care so much. and many companies are horrible about patching and fixing (looking at oracle/java and adobe/flash here). so you sit on it. so, lots of people in this field know that yeah they could pwn xyz companie, grab all the credit cards and then go sell them. but why deal with the hassel of the law. it just requires too much strategizin
mjr_: anyone want seals with club referal?
mircea_popescu: i find it incredible these doods dedicated 2mn words to explaining why btc sucks to themselves.
mjr_: yeah, i think its always the funniest when people spend their time talking about things they don't like/ believe in....like r/atheism
gesell: so my point is there is going to be a lot more granularity between black market hackers and the norm, whereas today its a much larger jump mentally to go from one side of that to the other
mjr_: i'm not sure about that...i think most people who know linux don't mind doing some L33T haxor stuff now and then
mjr_: because one of the large motivations is curiousity...
mjr_: ok...no one wants referal bonus on seals with clubs...
gesell: your curosity doesnt end with the technology though. it starts to extend into manipulating feer and reaction to having their security and systems go to sht
mjr_: that is a big leap i agree
mircea_popescu: dividend payment for S.BBET in total sum of 203984160 to a notional float of 3000000 has been issued on February 2, 2013, 1:49 am.
mjr_: but being able to make something funny pop up on a coworkers screen is always fun
mjr_: i guess what i mean is that the motivation to HACK (gain access to a system that is not yours) and the motivations to STEAL are two very different things
gesell: mjr_: not really. its what drives people in this field, watching the reaction. my point is though that the step from watching something go to sht because it doesnt work or everyones passwords got dumped, to going to watching money go down the dube... the step between those too just got more granular
mjr_: sometimes you get people who have both motivations...sometimes they just have one
gesell: mjr_: yeah
mjr_: well, that's what i mean, a lot of people hack a system and just change the wallpaper...
gesell: that is what i mean, they are two different things with huge steps between them and the latter has some pretty clear motivations (black market mentality, edge of the law)
Namworld: mjr: what referall bonus?
mjr_: if you join the site...you can say someone referred you
mjr_: but i already joined
Namworld: yeah, but there's no bonus to join referred
mjr_: yeah, i was offering to give someone here the money if they already had an account
Namworld: Well, BBET dividend got through
mjr_: ie. they could get the bonus
Namworld: 2 BTC for the first month
mjr_: wow
mjr_: i've never seen a whole bitcoin
mjr_: i can imagine what that must be like though
mjr_: <mentally moving decimal places>
mjr_: one day i will finally get around these banks and get some cash on an exchange somewhere
mircea_popescu: mjr_ stick around for when sdice or smpoe distribute
mjr_: i don't have shares :( yet
gesell: anyone can point me to some abitrage code that deals with volume in orderbooks (calculating prof based on volume of several bids/asks rather than just the lowest/highest which might be really really small bids)? would like to integrate this into the google abitrage spreadsheet https://docs.google.com/spreadsheet/pub?key=0AguYZ5-dWMgfdElhakdHQzhiQXp5emctdjZTNG9qaEE&gid=0
assbot: [MPEX] [S.MPOE] 5255 @ 0.00065984 = 3.4675 BTC [+]
assbot: [MPEX] [S.MPOE] 10645 @ 0.00066043 = 7.0303 BTC [+]
smickles: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.30200, Best ask: 20.34999, Bid-ask spread: 0.04799, Last trade: 20.35000, 24 hour volume: 50555.35614816, 24 hour low: 20.15000, 24 hour high: 21.13000, 24 hour vwap: 20.68153
Namworld: Anyone got DMC shares?
Namworld: I'd like to buy a few around 0.02ish
gesell: once i get the volume issue settled im going to start to code direct buy and sell code for each exchange, direcly into the mofo'ing spreadsheet ;)
gesell: get google to be my damn abitrage bot
gesell: (and yeah, already sent the link before to the code, and will release publicly once it works)
assbot: [MPEX] [S.MPOE] 1537 @ 0.00066043 = 1.0151 BTC [+]
assbot: [MPEX] [S.MPOE] 8450 @ 0.00066139 = 5.5887 BTC [+]
mjr_: so you will have to open up accounts on each exchange?
gesell: mjr_: yeah
gesell: everyone says its not profitable. want to find out for myself and then just share the spreadsheet so everyone else can as well
assbot: [MPEX] [S.MPOE] 9558 @ 0.00066523 = 6.3583 BTC [+]
assbot: [MPEX] [S.MPOE] 2035 @ 0.00066572 = 1.3547 BTC [+]
gesell: kinda wanting to push it a bit... maybe we'll get close to NYSE where the closer your bot is to the exchange the better :)
jurov: you'll have to move fiat someday between them, no?
gesell: jurov: totally. im thinking about this as i go
mjr_: yeah, i think transaction fees are going to kill you
mjr_: if you could use liquidity rebates it might work
gesell: eh, not really. unless i need instant cash
mircea_popescu: ahh this sa forum thing is lol.
gesell: mjr_: what are liquidity rebates
mjr_: no i mean you would have paper gains, but then when you need to move it
mircea_popescu: they hate on the rota too. i had no idea.
gesell: what saa forum thing?
mjr_: usually if you put an order out on the books, thats just sitting there you are "adding liquidity"
mjr_: that is valuable, so on wall street...you get a rebate
Namworld: sa hates on EVERYTHING
mjr_: if you take someone else's offer you are "removing" liquidity
mjr_: so you pay a fee
gesell: aah
mircea_popescu: Namworld apparently.
gesell: mjr_: its not obvious to me if this is happening on btc exchanges. doesnt appear so
Namworld: It's about people who have nothing better to do than angst all day about everything.
mjr_: bitfloor did it
mircea_popescu: I'm actually developing a new respect for Mircea Popescu. He's so insufferable that I used to avoid reading anything he wrote but I've been reading his blog a bit lately and the man may be arrogant but he's not stupid. He thinks strategically and it will be kind of interesting to watch him go up against the self-appointed "big players" in the world of Bitcoin commerce. The prospect of seeing someone wipe the floor w
mircea_popescu: ith Charlie Shrem and Roger Ver is pretty appealing.
mircea_popescu: Rassah applied to be an MPEx Rota judge.
gesell: hmm, okay. why dont the others?
mjr_: and i guess they still do, but i haven't tried yet
mircea_popescu: check that out. i r botharing tham, had no idea even
mircea_popescu: apparently sa hates on everything but me.
assbot: [MPEX] [S.MPOE] 34666 @ 0.00066572 = 23.0778 BTC [+]
mjr_: i heard some things about bitfloor that make me a little wary, but i think they have the best model for a currency exchange
pigeons: what do you mean by their model?
smickles: liquidity rebate
smickles: prolly
pigeons: oh maker/taker
mircea_popescu: what % is it ?
pigeons: i cancelled a bitfloor order hours ago and the funds are still on hold cant make another order with them yet
pigeons: they are extremely flaky always
smickles: mircea_popescu: i can't seem to remember
mjr_: think its .1% if you add -.4% if you take
mjr_: but mostly i like them cuz you can move cash in and out really easily (i thought)
mjr_: you can link an ing direct checking account and its "supposedly" instant
pigeons: what do you mean by easily?
mircea_popescu: .1% when btc moves 20% in a day ?
pigeons: oh yeah well for the ing its easy
mjr_: yeah, but for a bot
assbot: [MPEX] [S.MPOE] 7513 @ 0.00066191 = 4.9729 BTC [-]
assbot: [MPEX] [S.MPOE] 1587 @ 0.00064691 = 1.0266 BTC [-]
mjr_: that is trying to arb
mjr_: that is very nice
mjr_: and it hasn't moved 20% today
mircea_popescu: i very much doubt there's the volume to arb so as to render that meaningful.
mjr_: and over its lifetime i don't think it will always move a lot
mircea_popescu: slippage is probably a degree of magnitude larger order to order
pigeons: you need about 10% price difference usually to arb, causeends up being a good 7-8% moving usd from one exchange to another
mjr_: yeah
assbot: [MPEX] [S.MPOE] 10190 @ 0.00066572 = 6.7837 BTC [+]
assbot: [MPEX] [S.MPOE] 7410 @ 0.00066582 = 4.9337 BTC [+]
assbot: [BTCTC] [BTC-BOND] 7 @ 0.01 = 0.07 BTC [+]
mjr_: but that is what i am saying...since they don't have fees to move money, and since you can make money trading, you could take liquidity on another site and offer it out there
pigeons: best are vouchx to vouchx but then even if there is enough depth on the exchange, aurum wont have the reserves
pigeons: mjr_: just look, you can't make enough. try it, but quit talking about it
assbot: [MPEX] [S.MPOE] 5100 @ 0.00066582 = 3.3957 BTC [+]
mircea_popescu: BitPay just announced that you can donate to Wikipedia in bitcoins now! Oh, they kinda downplay the one small detail that Wikipedia still doesn't actually accept bitcoin. BitPay decided to set up an escrow account where people can give their bitcoins to BitPay and BitPay gives USD to Wikipedia. They did this without Wikipedia's knowledge or consent but they're acting like it's some huge victory. Oh, and they're making
mircea_popescu: a huge deal of the fact that they are so graciously not charging Wikipedia for this "service."
gesell: pigeons: i was the one that started it. im playing with it. i hear its not worht it but still gonna learn why
mircea_popescu: um is this even true !?
Namworld: or maybe they asked a wikipedia rep and they said: "yeah, whatever, as long as we receive money"
pigeons: best chance today was 20 bitcoins wanted to buy at the rock for 21 when you could buy them ld buy for 20.60 elsewher
pigeons: bitinstant ends up being 7-8% round trip
mjr_: WellsFargo cash deposits are currently suspended. Due to this account suspension, ACH withdrawals will be delayed as the account is closed. These delays are outside of our control and we apologize for any inconvenience this may cause. We strive to process both USD and BTC in an efficient manner and will continue to do so after these delays are resolved.
pigeons: you can confirm for yourself next time you see an opportunity tell me and ill tell you why it wont work ;)
mjr_: that is from bitfloor by the way...so i guess that might be causing your delay?
pigeons: and the lowest price is always btce- and they are never lower enough even on the rare times there is volume, to break even
pigeons: all the usd deposit and withdrawal methods at btce are 7-8% and they are never that much lower than gox, whoever
mjr_: yeah...i have seen that
mjr_: gox is just so expensive
pigeons: they are expensive, but htye are the cheapest
pigeons: and of course the most volume
gesell: pigeons: why would it require bitinstant. havent though it through but considered that perhaps one doesnt need instant payout. I guess i've only been looking at the scenerio of "buy btc here, sell over there" but have not thought "get cash back and repeat"
gesell: assumed the "get cash back and repeat" was not as latency burdened so it could take a long while and be okay
gesell: in order to reduce fees
pigeons: well when you buy here you have no more cash heree now
gesell: yeah, so i still made a profit but now im blocked from making more profit
gesell: until i get it back. but if i add more weight and cash at the start i get blocked less and make more profit, no?
pigeons: well you didnt make a profit till you buy again
jborkl: Gox is only. . 1/2%
pigeons: at the highest teir 1/2% they go lower
gesell: jborkl: the spread of a bunch of exchange fees here https://docs.google.com/spreadsheet/pub?key=0AguYZ5-dWMgfdElhakdHQzhiQXp5emctdjZTNG9qaEE&gid=2
jborkl: Yeah, I know.. I don't see that as expensive
mircea_popescu: "Coincidentally, my office was, literally, across the street from the registered address of BFL at the time. It turned out to be an apartment complex, as BFL was a start up and did not have an actual office at the time."
mircea_popescu: lmao. his office was next to the projects
mircea_popescu: but NOT INSIDE THEM!!!1
mircea_popescu: guess the author.
pigeons: plus the risk of keeping your money at these exchnges is not neglible
mjr_: yes, i plan on using bitfloor to get bitcoins and send them to my wallet right away
jborkl: No, gox is the one I use for that reason
jborkl: Yes I mean
gesell: pigeons: i think im missing the "you didnt make prof until you buy again". sorry i feel stupid here but could you explain why i have to buy again. i took cash, put it in btc, got cash back + %2, and one week later got that cash in my hand
pigeons: no bitfloor risk is pretty bad, some people think thye are only operating to get enenough to run away again
jborkl: Bit floor still owes a lot of people right..
assbot: [MPEX] [S.MPOE] 2734 @ 0.00064691 = 1.7687 BTC [-]
assbot: [MPEX] [S.MPOE] 1066 @ 0.00064676 = 0.6894 BTC [-]
mjr_: hmmm, not sure
mjr_: but like i said, i don't plan on keeping money in there
mjr_: overnight
mjr_: and they seem to be trying to pay people back
mjr_: i don't know
mjr_: how long does it take for satoshidice to win or lose?
jurov: few seconds
pigeons: you just keep it overnight, ok dont pick the night they go away
mjr_: no, i don't plan on having money in there overnight is what i was saying
pigeons: and that's 1 hour to get it back in, hope the price doesnt move too much
mjr_: i am not trying to trade, just trying to buy bitcoins
jurov: can't you just put order next door on -otc?
mjr_: how would i pay?
jurov: i herd moneypaks are popular there
mjr_: i will look into that, i have no clue what that is
assbot: [MPEX] [S.DICE] 1000 @ 0.00726718 = 7.2672 BTC [-]
assbot: [MPEX] [S.DICE] 173 @ 0.007395 = 1.2793 BTC [+]
jborkl: Otc will take moneypak or dwolla. Moneypak, make sure you but it with cash only
jborkl: Buy
assbot: [MPEX] [S.MPOE] 5524 @ 0.00064792 = 3.5791 BTC [+]
mjr_: where can you buy moneypak?
jborkl: Go to moneypak. Com and look it up. Everywhere around here
jborkl: Go ask in otc and see if anyone wants one and how much
jborkl: First
assbot: [BTCTC] [GSDPT] 9 @ 0.0075 = 0.0675 BTC [-]
mjr_: pocket aces :)
assbot: [BTCTC] [GSDPT] 70 @ 0.0078 = 0.546 BTC [+]
assbot: [MPEX] [S.MPOE] 3800 @ 0.00066581 = 2.5301 BTC [+]
mjr_: they weren't enough
mjr_: :(
assbot: [MPEX] [S.MPOE] 521 @ 0.00066581 = 0.3469 BTC [+]
assbot: [MPEX] [S.MPOE] 790 @ 0.00066582 = 0.526 BTC [+]
assbot: [MPEX] [S.MPOE] 8723 @ 0.00066812 = 5.828 BTC [+]
mjr_: dude coinbase got a 600k seed round
mjr_: that is awesome
mjr_: and all they are doing is just online wallet....
assbot: [MPEX] [S.MPOE] 3000 @ 0.00066051 = 1.9815 BTC [-]
mircea_popescu: kinda old news.
assbot: [MPEX] [S.MPOE] 1402 @ 0.00066186 = 0.9279 BTC [+]
assbot: [MPEX] [S.MPOE] 5927 @ 0.00066812 = 3.9599 BTC [+]
assbot: [MPEX] [S.MPOE] 516 @ 0.0006682 = 0.3448 BTC [+]
assbot: [MPEX] [S.MPOE] 657 @ 0.00066863 = 0.4393 BTC [+]
mjr_: yeah i know, but i am only trying to raise like 100k
mjr_: so i think it might work
mircea_popescu: depends who you know.
mircea_popescu: have you seen mpoe-pr's infamous "see here" thread ?
mjr_: its pretty cool that ycombinator chose them
mjr_: says a lot
assbot: [MPEX] [S.DICE] 600 @ 0.007395 = 4.437 BTC [+]
mjr_: i already included mpex registration in the prospectus lol :)
gesell: okay, this is the price chart of 5d for bitcoin-24. http://bitcoincharts.com/charts/chart.png?m=btc24EUR&v=1&t=S&noheader=1&height=80&width=750&r=5 its the only one ive seen like this. not huge volume but as much as many others and yet it is soooo level. I swear, many times ive seen bots respond to my bid, in less than <500ms latency. Im convinced the owners of the exchange have a bot at play on the exchange to keep prices close to mtgox or level or i do
gesell: oh wait, maybe its just the volume adjusting the scale, and since that fluctuates so mutch one doesnt see much of the price fluctuation
gesell: bleh, no, even the large chart looks odd
gesell: aah, no it was the very odd huge 40eu range bid somewhere (glitch i guess)
gesell: ignore me
assbot: [MPEX] [S.MPOE] 10150 @ 0.00066863 = 6.7866 BTC [+]
assbot: [MPEX] [S.MPOE] 2919 @ 0.00066186 = 1.932 BTC [-]
assbot: [MPEX] [S.MPOE] 12670 @ 0.00066158 = 8.3822 BTC [-]
assbot: [HAVELOCK] [KCIM] 2 @ 0.998 = 1.996 BTC [+]
assbot: [MPEX] [S.MPOE] 330 @ 0.00066158 = 0.2183 BTC [-]
assbot: [MPEX] [S.MPOE] 1276 @ 0.00065932 = 0.8413 BTC [-]
assbot: [MPEX] [S.MPOE] 1276 @ 0.00065932 = 0.8413 BTC [-]
assbot: [HAVELOCK] [KCIM] 7 @ 0.999 = 6.993 BTC [+]
mircea_popescu: dude this is insane.
mircea_popescu: SA loves only one thing in all of bitcoin more than me
mircea_popescu: and that's mpoe-pr
Namworld: link?
Namworld: They'd probably worship MPOE-PR as Troll Goddess
Namworld: She's attacked pretty much everything they talk about =P
mircea_popescu: Namworld you had the link earlier neh ?
mircea_popescu: http://forums.somethingawful.com/showthread.php?threadid=3486823&userid=0&perpage=100&pagenumber=
mircea_popescu: or whoever posted it
Namworld: yeah but over 300 pages...
Namworld: I won't browse the whole 300 pages to find whatever post you're talking about =P
Namworld: When you have the link handy
assbot: [MPEX] [S.MPOE] 13400 @ 0.00065652 = 8.7974 BTC [-]
Namworld: or at least tell me the specific page
Namworld: #
mircea_popescu: i don't have it i read digests.
mircea_popescu: but let's spam irc
Namworld: oh
mircea_popescu: It's like they want to scare away anyone serious about using Bitcoins as a currency, I wonder how much longer that woman who runs the (last standing) trading platform will put up with their dumb poo poo. She's hardly some great pillar of sanity since she's all wrapped up in Bitcoins too but she seems to be trying to be serious about things yet they want to shout her down. I am guessing it is because she is a woman.
mircea_popescu: Mircea Popescu, who runs MPOE, is a guy. The MPOE-PR woman was accused of being his sock, but I think she just does all the English-language business for him (he's Romanian).
mircea_popescu: Unless there is no Mircea and it's just that lady doing a "Remington Steele" thing, only instead of private eye poo poo it's Internet porn/Bitcoins.
mircea_popescu: Agree that two of the smartest posters on there are women: MPOE-PR and repentance.
mircea_popescu: VvvV. Also people mock MPOE because it's a subforum of a porn site. Go over and look at it; it's kind of crappy looking despite MPOE-PR's general good sense. Presumably someone else handles the web implementation.
mircea_popescu: The brilliant Bitcoin detectives thought that there was only one person who was a guy (Mircea, which is a guy's name in Romanian) and he was just using a lady's picture as a sock. I am willing to believe they got it exactly backwards, and that she just made up "Mircea Popescu" as a sock.
mircea_popescu: Oh well if it's two people then that's interesting. Some of the people on that forum did some internet detectiving and came to the conclusion that it's all one person but then again these are not the brightest people we are talking about...
mircea_popescu: What a beautiful twist it would be if the last trading platform that didn't collapse or turn into a scam which is run more like an actual real one than a teenage dream out of the basement is run by a woman. Because they mock her, ostracize her and blame her at every turn possibly because they can't handle a girl running a service for them.
mircea_popescu: Still, possibly the most legit bitcoin trading site they will ever get and yet they want this one to fai
Namworld: The forum says so... but most around assets channels seems to support MPEx
mircea_popescu: well, sa stuff. to be taken with a grain fo salt.
mircea_popescu: they pretty much only read/care about the trolls and nuts.
Namworld: Oddly, I thought about Mircea Popescu being the sock puppet instead when MPOE-PR was accused of being a sock puppet
Ukto: Namworld: mebbe they are both sock puppets of someone else?
Ukto: mebbe its satoshi >,>
mircea_popescu: why does someone have to be a sock puppet ?
Ukto: more fun that way. :)
Namworld: eheh
mircea_popescu: will be kinda hysterical if/when SA discovers like... stuff on trilema.
Ukto: besides, its generates talk. and "There's no such thing as bad press" ;)
Namworld: Well, it's not necessary. But when it was suggested, it made me think of the opposite.
assbot: [BTCTC] [SYNERGY] 1 @ 0.1001 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.1 BTC [-]
assbot: [MPEX] [S.MPOE] 5894 @ 0.00065652 = 3.8695 BTC [-]
mircea_popescu: generally not a bad strategy
gesell: funny thread. have sa heard of bitcoingem?? please someone let them know about that
Ukto: BF just passed 350btc for 24hr vol
Namworld: Mircea Popescu - actually a sock puppet for the brits rebuilding their old empire. Starting with Bitcoins to vanquish US capitalism which is in their way.
Namworld: Sounds more fun like that
Namworld: They're still not happy about the outcome of the American War of Independence.
assbot: [MPEX] [S.MPOE] 6200 @ 0.00066398 = 4.1167 BTC [+]
mircea_popescu: why can't i be a sockpuppet for someone fun
mircea_popescu: like, napoleon.
Namworld: but his life expectancy expired
Namworld: It would have to be zombie napoleon
mircea_popescu: hm, that's a point.
mircea_popescu: i wonder what zombie napoleon does for a living.
mircea_popescu: So many people in the US focus on being one lottery win away from being rich, when they're actually one lost job or house fire or medical emergency away from being destitute.
mircea_popescu: dude this is deep.
assbot: [MPEX] [S.MPOE] 6706 @ 0.00066398 = 4.4526 BTC [+]
assbot: [MPEX] [S.MPOE] 12344 @ 0.00066016 = 8.149 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066862 = 2.8891 BTC [+]
assbot: [MPEX] [S.MPOE] 11979 @ 0.00066863 = 8.0095 BTC [+]
assbot: [MPEX] [S.DICE] 450 @ 0.007395 = 3.3278 BTC [+]
assbot: [MPEX] [S.MPOE] 4649 @ 0.00066863 = 3.1085 BTC [+]
assbot: [MPEX] [S.MPOE] 25862 @ 0.0006694 = 17.312 BTC [+]
assbot: [MPEX] [S.MPOE] 21538 @ 0.00067 = 14.4305 BTC [+]
assbot: [BTCTC] [LTC-MINING] 1 @ 0.3001 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.7899999 = 4.74 BTC [+]
assbot: [BTCTC] [LTC-MINING] 1 @ 0.3001 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066032 = 2.8532 BTC [-]
assbot: [MPEX] [S.MPOE] 5179 @ 0.00066016 = 3.419 BTC [-]
gesell: What is K.KBRL on mpex, or what is the K. category?
assbot: [BTCTC] [LTC-MINING] 6 @ 0.3 = 1.8 BTC [-]
Namworld: I heard it's a joke or something
Namworld: It's just there doing nothing all the time
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066981 = 2.8942 BTC [+]
assbot: [MPEX] [S.MPOE] 5279 @ 0.00067 = 3.5369 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.007395 = 7.395 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.1001 BTC [+]
assbot: [MPEX] [S.MPOE] 9168 @ 0.00067 = 6.1426 BTC [+]
assbot: [MPEX] [S.DICE] 1700 @ 0.007395 = 12.5715 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066031 = 2.8532 BTC [-]
assbot: [MPEX] [S.MPOE] 2179 @ 0.00066016 = 1.4385 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.7899999 = 7.9 BTC [+]
assbot: [BTCTC] [COGNITIVE] 39 @ 0.2401 = 9.3639 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.2733 BTC [+]
Namworld: Who needs my auto-updating portfolio scripts?
assbot: [BTCTC] [SYNERGY] 1 @ 0.1001 BTC [+]
assbot: [MPEX] [S.MPOE] 15000 @ 0.00066016 = 9.9024 BTC [-]
assbot: [BTCTC] [COGNITIVE] 7 @ 0.31 = 2.17 BTC [+]
assbot: [MPEX] [S.MPOE] 4050 @ 0.00066016 = 2.6736 BTC [-]
Diablo-D3: lol portfolios
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066997 = 2.8949 BTC [+]
assbot: [MPEX] [S.MPOE] 14015 @ 0.00067 = 9.3901 BTC [+]
assbot: [MPEX] [S.MPOE] 8323 @ 0.00067093 = 5.5842 BTC [+]
Namworld: ?
assbot: [BTCTC] [SYNERGY] 1 @ 0.1001 BTC [+]
Namworld: What's funny?
assbot: [HAVELOCK] [SDICE] 2 @ 0.7899999 = 1.58 BTC [+]
Diablo-D3: Namworld: who has portfolios anymore after glbse
Namworld: I do. Many others do.
Namworld: Wether it's only balance of bitcoin addresses, MPEx, BTCT.co, MtGox data
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066043 = 2.8537 BTC [-]
assbot: [MPEX] [S.MPOE] 4789 @ 0.00066016 = 3.1615 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.7899999 = 1.58 BTC [+]
Namworld: It's nice to tally up all that data
assbot: [BTCTC] [BASIC-MINING] 20 @ 0.33 = 6.6 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.7899999 = 2.37 BTC [+]
assbot: [MPEX] [S.MPOE] 7059 @ 0.00066016 = 4.6601 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00065394 = 3.2697 BTC [-]
assbot: [MPEX] [S.MPOE] 4941 @ 0.0006535 = 3.2289 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.007395 = 2.958 BTC [+]
assbot: [MPEX] [S.DICE] 6700 @ 0.007395 = 49.5465 BTC [+]
assbot: [MPEX] [S.MPOE] 16500 @ 0.00066603 = 10.9895 BTC [+]
assbot: [MPEX] [S.MPOE] 1700 @ 0.00065808 = 1.1187 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.00721784 = 2.8871 BTC [-]
assbot: [MPEX] [S.DICE] 550 @ 0.00721783 = 3.9698 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067092 = 2.899 BTC [+]
assbot: [MPEX] [S.MPOE] 11079 @ 0.00067093 = 7.4332 BTC [+]
assbot: [MPEX] [S.MPOE] 5233 @ 0.00065808 = 3.4437 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00065351 = 2.8238 BTC [-]
assbot: [MPEX] [S.MPOE] 8146 @ 0.0006535 = 5.3234 BTC [-]
assbot: [MPEX] [S.MPOE] 2898 @ 0.00067093 = 1.9444 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067182 = 2.9029 BTC [+]
assbot: [MPEX] [S.MPOE] 2747 @ 0.00067183 = 1.8455 BTC [+]
assbot: [MPEX] [S.MPOE] 950 @ 0.00065372 = 0.621 BTC [-]
assbot: [MPEX] [S.MPOE] 3371 @ 0.00065372 = 2.2037 BTC [-]
assbot: [MPEX] [S.MPOE] 13700 @ 0.0006535 = 8.953 BTC [-]
assbot: [MPEX] [S.DICE] 50000 @ 0.007395 = 369.75 BTC [+]
assbot: [MPEX] [S.DICE] 986 @ 0.007395 = 7.2915 BTC [+]
assbot: [MPEX] [S.MPOE] 2695 @ 0.0006763 = 1.8226 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1 BTC [+]
Bowjob: 2 hours and 37 moar mins till Avalon starts asking for mahknee
mircea_popescu: eh ?
mircea_popescu: details!
Bowjob: http://launch.avalon-asics.com/#prices
bowjob: 9 am est translates to 6 am pacific
bowjob: i did not see this dump coming.. wow fuck.
bowjob: ;; ticker
gribble: BTCUSD ticker | Best bid: 19.30000, Best ask: 19.34999, Bid-ask spread: 0.04999, Last trade: 19.36999, 24 hour volume: 90761.44676475, 24 hour low: 18.00000, 24 hour high: 21.10000, 24 hour vwap: 19.83651
mircea_popescu: o hey. going down ?
bowjob: someone dumped a lot of btc
bowjob: I had 80 BTC set aside for Asic.. in case it goes down a bit.. but not this much!
bowjob: I'm not sure if the price includes shipping or not.
bowjob: well.. mhm
bowjob: id hate to sell some dice shares
assbot: [MPEX] [O.BTCUSD.P200T] 800 @ 0.20664775 = 165.3182 BTC [+]
mircea_popescu: how much is the new avalon ?!
mircea_popescu: wasn't it supposed to be 1200 ?
bowjob: 1499
bowjob: 1299 for first batch, 1499 for a slightly upgraded one
bowjob: im confident bfl wont pull their heads out of their asses, some delay will happen again
bowjob: and avalon will ship batch no 2 before bfl
mircea_popescu: maybe so.
mircea_popescu: ;;calc 1499 / 19.83
gribble: 75.5925365608
bowjob: I expect around 58 TH by the time i get mine
mircea_popescu: ovr 80 with shipping ?
bowjob: I'm not sure how much the shipping is gonna be..
mircea_popescu: bowjob i have serious doubts about avalon. so far as best we can determine they have not delivered.
mircea_popescu: it's Feb 2. three weeks later. shipping takes 3 weeks for EVERYONE in a 300 order batch ?
bowjob: well, out of all the asic producers, only avalon produced a real asic so far, that makes them more credible than anyone else
mircea_popescu: more credible than anyone else, yes.
bowjob: the no refunds part make sense.. they need the order the parts right away
bowjob: as for BTC.. isnt what what we want? for BTC to be used
mircea_popescu: that's not the point tho.
mircea_popescu: the point is that until they delvier batch 1 you can't tell whether they do or don't deliver at all.
mircea_popescu: putting together 2 units out of a 300 unit run is not the same as having made 300 units.
bowjob: mhm, yes i see that.
bowjob: i dont think waiting is really an option.. that 600 unit order will get eaten
bowjob: in half an hour
Ukerz: they mean until next order
Ukerz: psycho: you do?
Ukerz: how many units were in batch 1 ?
bowjob: 20 mins for 300 ASICs back in september.. now that they have actually shipped 2 units, it could be 10 minutes, actually
bowjob: gosh, basic.. have you seen the letter?
bowjob: the slanderous note on Basic's site.
bowjob: how could you be so anti avalon when basic looks even worse
mircea_popescu: i am not buying any asics.
bowjob: yet you bought 3?
mircea_popescu: me ?!
bowjob: Psychotic
mircea_popescu: a nm
bowjob: I'd consider Avalon to be a 1/6 confirmation phase.
bowjob: I'll look into what delays the shipment, see if I can get any answers from Yifu before they go on sale
bowjob: Well, owning S.Dice shares is like owning ASICs.. and I have some of those
bowjob: I'm currently long BTC, long S.Dice 50/50 split. I'd rather not disrupt that ratio.. and I took the Avalon into account
mircea_popescu: i don't see how sdice and asics would be similar investments.
mircea_popescu: sdice is, theoretically at least, bound to have slowly rising returns
mircea_popescu: asics are, again theoretically, bound to have huge returns early
mircea_popescu: then taper off
bowjob: I meant the price appreciation over the past month. ^
mircea_popescu: exactly opposite sort of curves
bowjob: the dividends are just cherry on top
bowjob: For instance, I got some at xx48, price is now xx73 ... thats like having lots of asics mining and appreciating on value
bowjob: im on the "BFL won't ship before march 1st" crowd..
mircea_popescu: a.
mircea_popescu: well then... you stand to make whatever portion of 700 btc
mircea_popescu: o, also : http://trilema.com/2013/lets-make-it-one-giant-puzzle/
mircea_popescu: identify all 6, get a bitcoin.
assbot: [BTCTC] [B.YABMC] 14 @ 0.0249 = 0.3486 BTC [+]
assbot: [MPEX] [S.MPOE] 4958 @ 0.0006735 = 3.3392 BTC [-]
assbot: [MPEX] [S.MPOE] 92 @ 0.00067602 = 0.0622 BTC [+]
assbot: [MPEX] [O.BTCUSD.P300T] 75 @ 0.70983809 = 53.2379 BTC
mircea_popescu: hm
mircea_popescu: so puts are now selling ?
assbot: [BTCTC] [B.YABMC] 86 @ 0.0249 = 2.1414 BTC [+]
assbot: [BTCTC] [B.YABMC] 14 @ 0.0249 = 0.3486 BTC [+]
assbot: [MPEX] [S.MPOE] 4125 @ 0.00067602 = 2.7886 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067603 = 2.9211 BTC [+]
assbot: [MPEX] [S.MPOE] 8404 @ 0.00067628 = 5.6835 BTC [+]
mircea_popescu: Jeff's Avalon unit is pulling 620 watts
mircea_popescu: jesus fuck i guessed it!
assbot: [MPEX] [S.MPOE] 6699 @ 0.00067628 = 4.5304 BTC [+]
assbot: [MPEX] [S.MPOE] 6400 @ 0.0006751 = 4.3206 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067292 = 2.9077 BTC [-]
assbot: [MPEX] [S.MPOE] 229 @ 0.00067275 = 0.1541 BTC [-]
assbot: [MPEX] [S.MPOE] 229 @ 0.00067275 = 0.1541 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067622 = 2.9219 BTC [+]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00067628 = 3.7872 BTC [+]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00067628 = 3.7872 BTC [+]
assbot: [MPEX] [S.MPOE] 12000 @ 0.00067628 = 8.1154 BTC [+]
assbot: [MPEX] [S.MPOE] 8950 @ 0.00067622 = 6.0522 BTC [-]
DeadWease: ;;ticker
gribble: BTCUSD ticker | Best bid: 19.55507, Best ask: 19.70000, Bid-ask spread: 0.14493, Last trade: 19.55204, 24 hour volume: 88101.48921973, 24 hour low: 18.00000, 24 hour high: 21.10000, 24 hour vwap: 19.78760
assbot: [MPEX] [S.MPOE] 7000 @ 0.00067321 = 4.7125 BTC [-]
assbot: [MPEX] [S.MPOE] 3865 @ 0.00067622 = 2.6136 BTC [+]
assbot: [MPEX] [S.MPOE] 335 @ 0.00067628 = 0.2266 BTC [+]
assbot: [MPEX] [S.MPOE] 335 @ 0.00067628 = 0.2266 BTC [+]
assbot: [MPEX] [S.MPOE] 4618 @ 0.00067471 = 3.1158 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067285 = 2.9074 BTC [-]
assbot: [MPEX] [S.MPOE] 8371 @ 0.00067275 = 5.6316 BTC [-]
assbot: [MPEX] [S.MPOE] 8750 @ 0.00067212 = 5.8811 BTC [-]
assbot: [MPEX] [S.MPOE] 8750 @ 0.00067212 = 5.8811 BTC [-]
assbot: [MPEX] [S.MPOE] 7900 @ 0.00066659 = 5.2661 BTC [-]
assbot: [MPEX] [S.MPOE] 7900 @ 0.00066659 = 5.2661 BTC [-]
assbot: [MPEX] [S.MPOE] 2100 @ 0.000666 = 1.3986 BTC [-]
assbot: [MPEX] [S.MPOE] 2100 @ 0.000666 = 1.3986 BTC [-]
assbot: [MPEX] [S.MPOE] 2990 @ 0.00066464 = 1.9873 BTC [-]
assbot: [MPEX] [S.MPOE] 2990 @ 0.00066464 = 1.9873 BTC [-]
assbot: [MPEX] [S.MPOE] 3700 @ 0.00066495 = 2.4603 BTC [+]
mircea_popescu: bah for the love of christ.
bowjob: when i read your comment, I thought someone fat fingered S.dice again
assbot: [MPEX] [S.DICE] 311 @ 0.00730376 = 2.2715 BTC [-]
assbot: [MPEX] [S.DICE] 89 @ 0.00729494 = 0.6492 BTC [-]
assbot: [MPEX] [S.DICE] 467 @ 0.00739 = 3.4511 BTC [+]
kakobrekla: lol https://bitcointalk.org/index.php?topic=129558.msg1497301#msg1497301
mircea_popescu: no, im just getting an echo in reporting trades now ;/
mircea_popescu: kakobrekla you do it :D
kakobrekla: done
assbot: [BTCTC] [BASIC-MINING] 10 @ 0.3399 = 3.399 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34 = 0.68 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.35 = 1.05 BTC [+]
assbot: [MPEX] [S.MPOE] 12000 @ 0.00067275 = 8.073 BTC [+]
assbot: [BTCTC] [LTC-MINING] 1 @ 0.4099 BTC [+]
assbot: [HAVELOCK] [SDICE] 19 @ 0.79 = 15.01 BTC [+]
assbot: [MPEX] [S.MPOE] 621 @ 0.00066954 = 0.4158 BTC [-]
assbot: [MPEX] [S.MPOE] 1279 @ 0.00066941 = 0.8562 BTC [-]
assbot: [MPEX] [S.MPOE] 1279 @ 0.00066941 = 0.8562 BTC [-]
kakobrekla: dafuq
kakobrekla: we had 18 dollar coins
kakobrekla: not long ago.
Diablo-D3: yes
assbot: [MPEX] [S.MPOE] 7900 @ 0.00066424 = 5.2475 BTC [-]
assbot: [MPEX] [S.MPOE] 3882 @ 0.00066081 = 2.5653 BTC [-]
assbot: [MPEX] [S.MPOE] 19700 @ 0.00066147 = 13.031 BTC [+]
kakobrekla: luck this time, bought my road tax vignette with 21 dollar coins :)
assbot: [MPEX] [S.MPOE] 3882 @ 0.00066081 = 2.5653 BTC [-]
assbot: [MPEX] [S.MPOE] 3882 @ 0.00066081 = 2.5653 BTC [-]
assbot: [MPEX] [S.MPOE] 1 @ 0.0006762 BTC [+]
assbot: [MPEX] [S.MPOE] 1 @ 0.0006762 BTC [+]
assbot: [MPEX] [S.MPOE] 4215 @ 0.0006762 = 2.8502 BTC [+]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00067621 = 1.961 BTC [+]
mircea_popescu: if anyone is curious : http://trilema.com/2013/mpex-tech-stuff/
Ukerz: avalon ordered.
Diablo-D3: no trolling
Ukerz: LOL
assbot: [MPEX] [S.DICE] 800 @ 0.00739 = 5.912 BTC [+]
Ukerz: did you ctrl-f5?
Ukerz: :P
Ukerz: alright alright. sigh
Ukerz: this is kinda stupid this
Ukerz: tho
Ukerz: its like a kid waking up for xmas, running downstairs
Ukerz: to find ZERO presents
Ukerz: I think Yifu did th ebetter trollig job
Ukerz: "look at this idiots waking up for nothing"
bowjob: wow. avalon still cant get their act together
bowjob: i feel rather disrispected that i stayed up all night and they cant even set up a pre order properly. wtf
Ukerz: yeah ,its 8am, i'm pretty friggen tired
bowjob: its on now
Ukerz: no
Ukerz: its fial
Ukerz: checkout fail
Ukerz: "There appears to be an error with this site."
bowjob: fail. cart broken
bowjob: do we need a wordpress account?
bowjob: it sys i have 3 asics wtf
leotreasure: why does my order total say $3?
bowjob: Geezus Christ
leotreasure: now it's $1
leotreasure: should i pay?
bowjob: such a shoddy site
bowjob: im having problems with it
bowjob: maybe its indeed a scam
assbot: [MPEX] [S.MPOE] 1421 @ 0.00067621 = 0.9609 BTC [+]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00067622 = 1.3524 BTC [+]
assbot: [MPEX] [S.MPOE] 2717 @ 0.00067628 = 1.8375 BTC [+]
assbot: [MPEX] [S.MPOE] 6150 @ 0.00067674 = 4.162 BTC [+]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00067702 = 1.354 BTC [+]
assbot: [MPEX] [S.MPOE] 6912 @ 0.00067703 = 4.6796 BTC [+]
mircea_popescu: bowjob what, still no orders ?
bowjob: they opened up the orders, the problem is no one can fill them.. the site is broken
bowjob: http://store.avalon-asics.com/
mircea_popescu: sux.
Diablo-D3: wait until they turn off caching and cdn
bowjob: if mpex is dog, that site is dog shit's dog shit.
Diablo-D3: do not try to complete an order until they do, you will lose coins
mircea_popescu: ^^
mircea_popescu: he knows.
bowjob: of course not. i'll wait for them to fix it before provably throwing away 80 BTC
kakobrekla: china will grow larger.
bowjob: "look on the bright side. this is probably a good indication of how your unit would work."
mircea_popescu: ahahaha
bowjob: Yeap. May as well switch to BFL, but pay with PayPal
mircea_popescu: tha'ts just mean
bowjob: that way I got my ass covered
pigeons: i will buy 2nd hand asics from the people who borrowed on their credit cards to buy them and underestimated the difficulty rise or don't getthem soon enough
bowjob: I'm already willing to throw 80 BTC to some potential scam and yet they can't set up a way to facilitate the transfer
bowjob: *yawn
bowjob: Fuck this shit. I'm too tired. I've been awake for nearly 36 hours, I've spent the majority of the time walking around. Congrats to the (un)fortunate fucker who will get my spot.
bowjob: I'll buy something called hold, it costs nothing and it's done me good so far.
mircea_popescu: another satisfied asic customer
mircea_popescu: soon we'll have enough for a private army.
jurov: fuckfuck mpex did it again
jurov: mircea_popescu: please do at least check of output data.. so it outputs some error instead of nonsense
Ukerz: ?
jurov: it sent me valid json but no balances/orders
assbot: [HAVELOCK] [KCIM] 2 @ 1 = 2 BTC [+]
mircea_popescu: mmm
mircea_popescu: jurov : email me a copy of this thing
assbot: [MPEX] [S.DICE] 389 @ 0.00729494 = 2.8377 BTC [-]
mircea_popescu: https://bitcointalk.org/index.php?topic=140700.0 vircurex is listing its exchange
mircea_popescu: you planning the same with weex Ukto ?
assbot: [MPEX] [S.MPOE] 7250 @ 0.00067714 = 4.9093 BTC [+]
dust-otc: does anyone want to make a scam accusation thread against imsaguy?
dust-otc: I believe his behavior deserves one, but he doesn't owe me any money
jurov: mircea_popescu: sent
jurov: I won't speak for Ukto just I think he'll keep the exchange privately owned atm. me with coinbr likewise.
mircea_popescu: jurov ty
mircea_popescu: jurov the usd/btc exchange is at issue
mircea_popescu: not the securities exchange
assbot: [MPEX] [S.MPOE] 5939 @ 0.00067714 = 4.0215 BTC [+]
assbot: [MPEX] [S.MPOE] 6579 @ 0.00067714 = 4.4549 BTC [+]
assbot: [MPEX] [S.MPOE] 4793 @ 0.00067716 = 3.2456 BTC [+]
assbot: [MPEX] [S.MPOE] 8650 @ 0.00067395 = 5.8297 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.35 BTC [+]
assbot: [MPEX] [S.MPOE] 994 @ 0.00067395 = 0.6699 BTC [-]
assbot: [MPEX] [S.MPOE] 274 @ 0.00067355 = 0.1846 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067125 = 2.9005 BTC [-]
assbot: [MPEX] [S.MPOE] 6211 @ 0.00067124 = 4.1691 BTC [-]
assbot: [MPEX] [S.MPOE] 2129 @ 0.00067124 = 1.4291 BTC [-]
assbot: [MPEX] [S.MPOE] 1821 @ 0.00067011 = 1.2203 BTC [-]
assbot: [MPEX] [S.MPOE] 14500 @ 0.00066657 = 9.6653 BTC [-]
assbot: [MPEX] [S.MPOE] 3950 @ 0.00066351 = 2.6209 BTC [-]
assbot: [MPEX] [S.MPOE] 43250 @ 0.00066081 = 28.58 BTC [-]
jurov: adding into sources long overdue check:
jurov: if not 'CxBTC' in stat['Holdings']:
jurov: log.error("No BTC on MPEx, flipping bozo bit")
jurov: transaction.doom()
jurov: raise
pigeons: i was trying to use margin!
assbot: [HAVELOCK] [HIM] 1 @ 13.5 BTC [+]
mircea_popescu: jurov that's an idea.
assbot: [MPEX] [S.MPOE] 1242 @ 0.000677 = 0.8408 BTC [+]
assbot: [MPEX] [S.MPOE] 5800 @ 0.00067619 = 3.9219 BTC [-]
assbot: [MPEX] [S.MPOE] 3079 @ 0.000677 = 2.0845 BTC [+]
assbot: [MPEX] [S.MPOE] 7033 @ 0.00067716 = 4.7625 BTC [+]
assbot: [MPEX] [S.DICE] 1733 @ 0.00739 = 12.8069 BTC [+]
assbot: [MPEX] [S.DICE] 567 @ 0.007395 = 4.193 BTC [+]
mjr_: hi all
assbot: [MPEX] [S.MPOE] 7620 @ 0.00067716 = 5.16 BTC [+]
assbot: [MPEX] [S.MPOE] 830 @ 0.00067717 = 0.5621 BTC [+]
jurov: meh, already happened twice. just with options instead of btc
mircea_popescu: a, back in the early beta days
mircea_popescu: i recall.
mircea_popescu: well ok then!
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066257 = 2.863 BTC [-]
assbot: [MPEX] [S.MPOE] 7512 @ 0.00066253 = 4.9769 BTC [-]
assbot: [MPEX] [O.BTCUSD.P260T] 322 @ 0.49173352 = 158.3382 BTC
assbot: [HAVELOCK] [SDICE] 4 @ 0.85 = 3.4 BTC [+]
assbot: [HAVELOCK] [SDICE] 12 @ 0.85 = 10.2 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066576 = 2.8767 BTC [+]
assbot: [MPEX] [S.MPOE] 8290 @ 0.00066599 = 5.5211 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.0006626 = 2.8631 BTC [-]
assbot: [MPEX] [S.MPOE] 1099 @ 0.00066254 = 0.7281 BTC [-]
assbot: [MPEX] [S.MPOE] 8901 @ 0.00066254 = 5.8973 BTC [-]
assbot: [MPEX] [S.MPOE] 12496 @ 0.00066253 = 8.279 BTC [-]
assbot: [MPEX] [S.MPOE] 12403 @ 0.00066081 = 8.196 BTC [-]
assbot: [MPEX] [S.MPOE] 2100 @ 0.00066581 = 1.3982 BTC [+]
assbot: [MPEX] [S.MPOE] 1765 @ 0.00066081 = 1.1663 BTC [-]
assbot: [MPEX] [S.MPOE] 8235 @ 0.00066 = 5.4351 BTC [-]
assbot: [MPEX] [S.MPOE] 1765 @ 0.00066 = 1.1649 BTC [-]
assbot: [MPEX] [S.MPOE] 2435 @ 0.00065961 = 1.6062 BTC [-]
smickles: god damn
assbot: [MPEX] [S.MPOE] 10000 @ 0.00065962 = 6.5962 BTC [+]
assbot: [MPEX] [S.MPOE] 5565 @ 0.00065961 = 3.6707 BTC [-]
assbot: [MPEX] [S.MPOE] 1385 @ 0.00065961 = 0.9136 BTC [-]
smickles: I just realized that I paid 33~ btc for one year of this vps back when btc was around 4 bucks
gigavps: smickles, what's wrong?
gigavps: o, yeah
gigavps: that sucks
assbot: [MPEX] [S.MPOE] 10400 @ 0.00065961 = 6.8599 BTC [-]
mircea_popescu: it's not really a loss is it.
assbot: [MPEX] [S.MPOE] 2221 @ 0.00066581 = 1.4788 BTC [+]
assbot: [MPEX] [S.MPOE] 4286 @ 0.00066599 = 2.8544 BTC [+]
assbot: [MPEX] [S.MPOE] 2024 @ 0.00066599 = 1.348 BTC [+]
assbot: [MPEX] [S.MPOE] 6200 @ 0.0006763 = 4.1931 BTC [+]
assbot: [MPEX] [S.MPOE] 9270 @ 0.00067717 = 6.2774 BTC [+]
assbot: [MPEX] [S.MPOE] 3406 @ 0.0006773 = 2.3069 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00067729 = 6.7729 BTC [-]
assbot: [MPEX] [S.MPOE] 4950 @ 0.0006773 = 3.3526 BTC [+]
smickles: mircea_popescu: yeah, it's more about the disconnected thought of 'what if I had that btc now'
smickles: especially if you condider what I got for what value i gave up at the time
mircea_popescu: ya but still... at the time btc still was 4 bux
smickles: heh, i guess there was ambiguity in that last line of mine
mircea_popescu: http://trilema.com/2013/the-greatest-smartphone-app/
assbot: [MPEX] [S.MPOE] 6194 @ 0.0006773 = 4.1952 BTC [+]
assbot: [MPEX] [S.MPOE] 7151 @ 0.00067789 = 4.8476 BTC [+]
assbot: [MPEX] [S.MPOE] 8500 @ 0.00067259 = 5.717 BTC [-]
Bugpowder: can i get a hells yeah?
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.01826, Best ask: 20.08896, Bid-ask spread: 0.07070, Last trade: 20.01826, 24 hour volume: 91960.08171071, 24 hour low: 18.00000, 24 hour high: 21.10000, 24 hour vwap: 19.72764
assbot: [MPEX] [S.MPOE] 5550 @ 0.00067259 = 3.7329 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066001 = 2.8519 BTC [-]
assbot: [MPEX] [S.MPOE] 3239 @ 0.00066 = 2.1377 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067768 = 2.9283 BTC [+]
assbot: [MPEX] [S.MPOE] 2449 @ 0.00067789 = 1.6602 BTC [+]
assbot: [MPEX] [S.MPOE] 8730 @ 0.0006779 = 5.9181 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066026 = 2.853 BTC [-]
assbot: [MPEX] [S.MPOE] 6761 @ 0.00066 = 4.4623 BTC [-]
assbot: [MPEX] [S.MPOE] 5518 @ 0.00065987 = 3.6412 BTC [-]
mjr_: back above 20
Bugpowder: on the weekend
Bugpowder: no fresh cash deposits
Bugpowder: BULLISH
Bugpowder: :-P
assbot: [HAVELOCK] [KCIM] 48 @ 1 = 48 BTC [+]
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.08903, Best ask: 20.18000, Bid-ask spread: 0.09097, Last trade: 20.08903, 24 hour volume: 91978.23757009, 24 hour low: 18.00000, 24 hour high: 21.10000, 24 hour vwap: 19.72608
assbot: [BTCTC] [GSDPT] 1 @ 0.0079 BTC [+]
assbot: [MPEX] [S.MPOE] 20 @ 0.0006779 = 0.0136 BTC [+]
assbot: [MPEX] [S.MPOE] 3330 @ 0.00068004 = 2.2645 BTC [+]
assbot: [MPEX] [S.MPOE] 6670 @ 0.00068004 = 4.5359 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00068005 = 2.9385 BTC [+]
assbot: [MPEX] [S.MPOE] 5360 @ 0.00068006 = 3.6451 BTC [+]
mircea_popescu: okays, seems the echo is resolved as well.
mircea_popescu: what an eventful day.
mjr_: do bitcoins remind anyone else of kongbucks?
mjr_: maybe we might see burbclaves in my lifetime lol
evoorhees: hey all
mircea_popescu: asciilifeform http://www.loper-os.org/?p=1009 re-doing that would be a worthy exercise ☟︎
mircea_popescu: may 2012 is right before s.dice started to move, among other things
evoorhees: SD dividend is about to launch
mircea_popescu: heya!
evoorhees: DONE
mircea_popescu: MPEx ‏@MPEx1
mircea_popescu: S.DICE paid a total dividend of 2`000.73731948 BTC to 10`000`000 outstanding shares. #dividend #bitcoin #btc #stocks
mircea_popescu: kakobrekla assbot gotta do dividends again
ShaTwo: evoorhees: Congratulation! Amazingly done!
mjr_: Very very nice evoorhees
evoorhees: thanks guys
mjr_: so great to see such a success story...and i think the future looks even brighter
evoorhees: I think the most exciting thing is that this rediculous numbers will get the attention of established gambling sites, and they will no longer ignore bitcoin
mjr_: yes exactly
asciilifeform: mircea_popescu: working on it ☟︎☟︎
ShaTwo: They got my attention a few months back...
ShaTwo: When they were not even as big.
asciilifeform: mircea_popescu: but most BTC users will ignore the results, even more firmly than they ignored Shamir's.
mircea_popescu: asciilifeform good, then i can point out why the theory is nonsense on fresh data.
mircea_popescu: and most btc users matter in the sense most los angeles self-styled actresses matter.
mjr_: this is like the matrix...i can only imagine (if the asics turn out to be widespread) just how many petaflops we will reach
mircea_popescu: petaflops is really a measure of floating point computation
mjr_: this is the biggest distributed computing project in human history i imagine
mircea_popescu: sha hashing is integer computation
mjr_: yes
mircea_popescu: the two aren't really all that interchangeable
mjr_: yeah
mircea_popescu: we just do it because we're very lazy
mjr_: terahashes is what matter
mjr_: but it is nice to see how this compares to boinc or seti@home etc
mircea_popescu: nice is one way to put it. from what i've seen in sa's digests, it burns some people
mjr_: how would the cray titan do at hashing?
mjr_: and i don't really care about sa...
mircea_popescu: not very well.
mjr_: rationality says i bet with my money and they bet with theirs...the outcome will be objective
mircea_popescu: what, you're at war or something ?
asciilifeform: mircea_popescu: care to say why the theory is nonsense?
assbot: [HAVELOCK] [SDICE] 5 @ 0.875 = 4.375 BTC [+]
mjr_: huh? not at war...but when two people disagree, they bet on the outcome, the winner wins...in pure rational economics...which this isn't
mircea_popescu: not worth it on the old data set. get a fresh one.
mircea_popescu: mjr_ now that's true
mjr_: well, its overly simplified, but yes, if btc hits a thousand or even 40 we objectively chose correctly
mjr_: and they objectively didn't
mircea_popescu: 20 is actually good enough already.
mjr_: i agree
mjr_: but i don't think they would be able to be as smug at 40....
mjr_: i don't see how they could talk about it at all
mjr_: without being extremely mad at themselves for understanding bitcoins, but then choosing to reject
mjr_: that's the sad part is that they know more about it than a lot of users
mircea_popescu: not everyone is profit motivated.
mircea_popescu: in fact, most people who spend a lot of time on forums aren't.
mjr_: good point...
mjr_: also a great point
mircea_popescu: if they were, they'd do real work rather than the sort of boring nonsense that lends itself to foruming
mjr_: but even in matters of debate
mjr_: which they do care about
mjr_: the real world bears out theories or doesn't
mjr_: so their theory will look stupid (moreso than now)
mjr_: and that is something they would care about
mircea_popescu: not really. there's not an objective standard of proof, especially not for people who aren't interested in seeing certain result sets.
mjr_: i guess...
assbot: [MPEX] [S.MPOE] 11300 @ 0.00067641 = 7.6434 BTC [-]
mjr_: it is very insular, and they probably won't look at any data that disagrees with their preconceived notion
mjr_: what is the command here to look at sdice bid/ask?
mircea_popescu: if you read through it appears obvious what the actual problems they identify with bitcoin are
mircea_popescu: "fygm", for instance, is quite telling.
mircea_popescu: they dislike the fact bitcoin will necessarily bring down the welfare state.
mjr_: yeah, they conflate "people like to scam people" with "bitcoin is an instrument of scamming"
mircea_popescu: this is a valid criticism, it will. as long as they don't want this to happen, bitcoin is and will remain a bad thing.
mjr_: they must not have ever heard of bernie madoff
mjr_: oh, bitcoin will be very bad for some people
mircea_popescu: right.
mjr_: i thought the argument was "will it succeed", the results of it are different for each person
mircea_popescu: so then, those very people will say bitcoin is very bad. no surprise.
assbot: [BTCTC] [GSDPT] 10 @ 0.0079 = 0.079 BTC [+]
mjr_: i think banks will not like it very much, nor would governments if taken to its logical conclusion...
mjr_: but i don't think that means it won't succeed
mjr_: i would take it seriously, and i would adapt
mircea_popescu: ya well.
mjr_: i think snowcrash is going to be somewhat of a prophecy at this point lol
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066535 = 2.875 BTC [-]
assbot: [MPEX] [S.MPOE] 34750 @ 0.00066524 = 23.1171 BTC [-]
assbot: [MPEX] [S.MPOE] 129 @ 0.00066411 = 0.0857 BTC [-]
mircea_popescu: !ticker s.dice
assbot: I don't know those people, and they don't look very friendly.
jurov: congrats satoshidice
mjr_: that book touches a lot of interesting points, but i think it's tamest assertion is that a country is only as strong as it's monetary supply
mircea_popescu: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.007148 / 0.00737178 / 0.007395 (143373 shares, 1,056.91 BTC), 7D: 0.00534524 / 0.00731861 / 0.00749999 (574974 shares, 4,208.01 BTC), 30D: 0.00085848 / 0.00487004 / 0.0075 (6619114 shares, 32,235.38 BTC)
mircea_popescu: im fascinated at the relative lack of movement.
mjr_: wish i had bitcoins now
mircea_popescu: apparently nobody was holding for div time
jurov: how comes i unexpectedly received something and the address points to http://bitbet.us/bet/131/btc-will-have-a-new-highest-price-in/ ?
jurov: that bet isn't closed
mjr_: 4 days i will be ready to invest
mircea_popescu: jurov did you use same addy for other bets?
jurov: maybe, i don't remember, but only this one was found.
Bugpowder: same lack of movement last div too
mircea_popescu: Bugpowder very institutional-like investors i guess
mjr_: buy and hold is usually the best strategy
mjr_: (assuming you invest in companies you believe in)
mircea_popescu: this is true.
mjr_: has anyone read antifragile?
mjr_: i'm not finished with it, but i think so far that it is very interesting when looked at through the eyes of a bitcoiner
mjr_: and i would be extremely interested to know what Taleb Nassim thinks about btc
mircea_popescu: hey, ask him. i'd be interested too.
mjr_: in fact, i wonder if universa capital (his investment fund) would be interested lol
mircea_popescu: give them a call.
mjr_: http://www.universa.net/ just read the front page...i think i might have better luck with email...though i am pretty sure i'll get filtered out quickly
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066682 = 2.8813 BTC [+]
assbot: [MPEX] [S.MPOE] 5179 @ 0.00066696 = 3.4542 BTC [+]
assbot: [MPEX] [S.MPOE] 3339 @ 0.00066696 = 2.227 BTC [+]
jurov: i did not notice the "Open" choice is by default on bitbet search
jurov: yup, made 1BTC on asic non-delivery bet
mircea_popescu: wd.
mircea_popescu: was a tough one to close that.
mircea_popescu: https://bitcointalk.org/index.php?topic=77469.msg1498765#msg1498765 this is sorta funny.
mircea_popescu: Diablo-D3 who told you to get involved with avalon baby.
jurov: reminder for people who want to bet on/against asics and don't have mpex account: https://bitfunder.com/asset/CoinBr.iDiff-E
assbot: [MPEX] [S.DICE] 1200 @ 0.00739499 = 8.874 BTC [-]
mjr_: why are people doubting delivery? i'm just curious, i thought the first ones already were delived...
mircea_popescu: evoorhees do you suppose something like a 100% win address for sdice would be a good idea ?
mircea_popescu: mjr_ they sent two prototype units.
mjr_: ah ok
mjr_: so they may not have ramped up production as much as previously thought
assbot: [MPEX] [S.MPOE] 6711 @ 0.00067226 = 4.5115 BTC [+]
assbot: [MPEX] [S.MPOE] 689 @ 0.00066438 = 0.4578 BTC [-]
mircea_popescu: o hey, apparently ineedausername resurfaced, and is paying his gippt thing in full.
evoorhees: mircea... that's kinda interesting
evoorhees: you mean for promotion or what?
mircea_popescu: no. for mixing.
evoorhees: how would that help SD?
mircea_popescu: you send X btc, you receive 9x% of x back 100% of time
mircea_popescu: you take your rake.
mircea_popescu: possibly make it so that inputs sent to that addy are NEVER 0conf'd and as a result they never receive back anything based on the same inputs.
mircea_popescu: you've got by far the best mixer out there, might as well use it as such
mircea_popescu: (course people can do it already by just playing)
evoorhees: not sure I'd want to advocate it as a mixer
mircea_popescu: just a thought.
evoorhees: it's a good though
evoorhees: thought*
assbot: [MPEX] [S.MPOE] 2200 @ 0.00067641 = 1.4881 BTC [+]
assbot: [MPEX] [S.MPOE] 1840 @ 0.00068006 = 1.2513 BTC [+]
assbot: [MPEX] [S.MPOE] 7650 @ 0.0006803 = 5.2043 BTC [+]
assbot: [MPEX] [S.MPOE] 2700 @ 0.00068032 = 1.8369 BTC [+]
assbot: [MPEX] [S.MPOE] 2560 @ 0.00068038 = 1.7418 BTC [+]
assbot: [HAVELOCK] [SDICE] 7 @ 0.875 = 6.125 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.88 = 2.64 BTC [+]
mircea_popescu: dude srlsy ?
JohnGalt1337: somebody just got robbed
assbot: [MPEX] [S.MPOE] 3632 @ 0.00066438 = 2.413 BTC [-]
assbot: [MPEX] [S.MPOE] 4468 @ 0.00066412 = 2.9673 BTC [-]
jurov: Our many and talented graphical artists are hard at work refining the abyssal beauty that is MPEx.co, and I dare not interrupt them.
jurov: ^^mircea, do you use gremlins?
jurov: *use/employ
mircea_popescu: pixies
assbot: [MPEX] [S.DICE] 1209 @ 0.00737449 = 8.9158 BTC [-]
jurov: now am really curious what will reddit say to it all: http://www.reddit.com/r/Bitcoin/comments/17rjzk/mpex_this_is_what_we_mean_by_bitcoin_will/
assbot: [MPEX] [S.DICE] 10000 @ 0.007395 = 73.95 BTC [+]
Bugpowder: reddit is truly full of morons
mircea_popescu: noo !?
jurov: perhaps. but someone might get the point.
assbot: [HAVELOCK] [SDICE] 40 @ 0.79 = 31.6 BTC [-]
assbot: [HAVELOCK] [SDICE] 15 @ 0.79 = 11.85 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.79 = 15.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.79 = 3.16 BTC [-]
assbot: [HAVELOCK] [SDICE] 13 @ 0.79 = 10.27 BTC [-]
assbot: [MPEX] [S.MPOE] 5532 @ 0.00066412 = 3.6739 BTC [-]
assbot: [MPEX] [S.MPOE] 2868 @ 0.00066411 = 1.9047 BTC [-]
Bugpowder: http://organofcorti.blogspot.com/2013/02/98-asic-choices-avalon-update.html
smickles: http://trilema.com/2013/mpex-tech-stuff/#footnote_0_45984 makes the fee i paid worth it :)
assbot: [HAVELOCK] [SDICE] 5 @ 0.79 = 3.95 BTC [-]
evoorhees: sorry noob question here...
evoorhees: why are havelock shares of SDICE 0.79?
evoorhees: are they sold in batches of 100?
jurov: yes they are
evoorhees: question answered, thanks :)
mircea_popescu: course i guess topace hasn't been on in a little
assbot: [HAVELOCK] [SDICE] 1 @ 0.79 BTC [-]
mircea_popescu: and he's run out of shares driving the price up
assbot: [BTCTC] [GSDPT] 1 @ 0.0079 BTC [+]
jurov: ironically, most actively maintained/arbitraged passthrough is the litecoin one, run by deprived
jurov: through coinbr :D
jurov: he moves stuff almost every day
mircea_popescu: deprived is really very competent/active
mircea_popescu: not sure why he sits put in ltcs.
mjr_: really nice article on reddit mircea_popescu
mircea_popescu: a ty
mircea_popescu: so upvote
mjr_: no account
mjr_: but i can change that
mjr_: hold on
jurov: *snatches the article away*
mjr_: upvoted
mjr_: specifically about database locking
mjr_: i'm not sure i understood how you were fixing that issue
assbot: [HAVELOCK] [SDICE] 2 @ 0.79 = 1.58 BTC [-]
mircea_popescu: the how wasn't actually explained.
mjr_: ah ok
mjr_: that makes sense then that i didn't understand it...i have to deal with databases a lot and they can be a pain
mjr_: specifically because of locking issues...
mjr_: also, how would dedicated circuits play into what you were talking about re: phishing
mjr_: i mean, the endpoints are fixed, and don't most banks rely on them, in colocations and carrier hotels?
jurov: dedicated circuits???
mjr_: we get our market data through instinet and sfti...but it is not really over the internet
mjr_: everything goes through a physical point to point connection
mjr_: dedicated circuit...maybe metro ethernet in some cases
mjr_: but typically it is a /29 subnet mask...only 2 addresses anyway
jurov: i don't think mpex will be able to afford laying fiber even to biggest customers in near future
mjr_: lol
mjr_: not have to lay fiber
mjr_: host in a data center where you can cross connect to other people
jurov: but that's tailored to HFT. and MP is quite anti-HFT.
mjr_: just curious, because most big markets and banks do that...so i don't know how phishing can interfere in those cases, obviously customer on online banking website is vulnerable
mjr_: kinda...i think it is mostly for reliabilty and just plain access
mjr_: for example, if you want arca market data...you have to get it from somewhere and typically you do that through a circuit
mircea_popescu: mjr_ a dedicated circuit is vulnerable to splicing
mjr_: yes true
mircea_popescu: in principle, there's two ways to handle things :
mjr_: but not with the same ease as phishing typically
mircea_popescu: either secure the conduit, message agnostic, or secure the message, conduit agnostic.
mircea_popescu: everyone is currently doing the former. i am doing the later
mircea_popescu: and i say it's the Right Thing.
mjr_: well when put that way, conduit agnostic is very much prefferd
mircea_popescu: indeed.
mircea_popescu: https is securing the conduit, ignoring the message. so is dedicated circuit. so is everything done currently pretty much
mircea_popescu: no wonder it doesn't work.
mjr_: yes
mircea_popescu: now, fiber is slightly bettert as a secure conduit, esp if you have quantum verifiers
mjr_: do you think you could build encryption into the nic card and switch/router?
mircea_popescu: (which are epensive tho)
mircea_popescu: but in general, you can't secure a cable.
mjr_: LOL yes they certainly are
mircea_popescu: i would expect that encryption stays with the person.
mircea_popescu: see the next article on the blog about something along those lines.
mjr_: yes, i just mean that typically pgp is not the easiest thing for most people
mjr_: i agree completely that encryption is vital
mjr_: and i think you are doing things the Right Way
mjr_: sometimes the Right Way is also the Hard Way, though, and even though it's well worth the value, adoption rate is important, so making the Right Way easier would be nice
mircea_popescu: <jurov> but that's tailored to HFT. and MP is quite anti-HFT. << im not anti hft. im anti stupidity, which is mostly phantom orders.
mjr_: yes very true
mjr_: i was going to ask about speed of executions...
jurov: mircea, good clarification.
assbot: [MPEX] [S.MPOE] 4600 @ 0.00066716 = 3.0689 BTC [+]
mircea_popescu: no argument that this is kinda hard, but not so sure it's for a good reason
mjr_: jurov: and if he was against HFT why would he provide API? it's practically the only use for it, besides building a pretty front end (although maybe you mean a slow bot?)
mircea_popescu: i mean... oral sex seems the HARD THING,
mircea_popescu: esp if you're a 1950s housewife
mjr_: yes changing attitudes is tough
mjr_: but inevitable
mircea_popescu: mjr_ the problem with hfts isn't that they're fast. it's that they retroactively change time.
mircea_popescu: as in... this order "wasn't really there sorry".
mircea_popescu: that's bs.
mjr_: total bs, and i don't know how you would do that
mjr_: if you get the ack back...its real
mircea_popescu: ya well give me an example of a hft getting crossed by retail lol.
mjr_: and most exchanges won't bust that trade for you
mircea_popescu: actually, let me dig out this instructive example
mircea_popescu: http://trilema.com/2012/mpex-and-the-hft-problem/
mircea_popescu: mostly for the quote
mjr_: my favorite usage of HFT was the guy who used the speed of light to his advantage
mjr_: ie. it would take 11ms for any information from NY to reach Chicago
assbot: [MPEX] [S.DICE] 738 @ 0.007395 = 5.4575 BTC [+]
mjr_: so he would have a bot place orders at a very specific time, and then in chicago have orders in place to take advantage of the move he just caused
mjr_: he literally knew the future, because he caused it
mircea_popescu: heh.
mjr_: admittedly only 11ms into the future but in HFT that can be enough
mjr_: quantum arbitrage LOL
mircea_popescu: sounds like stuff to write novels with
mjr_: yeah, by the way
mjr_: your implementation of the solution is already in place
mjr_: ie. delayed cancels
mjr_: dark pools can be very specific about how long you have to wait b4 canceling
mjr_: on one that we use, it's 30 seconds
mjr_: they can also limit which symbols you can use, how much volume, everything
mjr_: in exchange for being able to bypass the bots and in fact the whole order book
mircea_popescu: something lik that, yes
mircea_popescu: how much do they charge ?
mjr_: depends...
mjr_: many times it's around $1 per 1,000
mjr_: with the most expensive being $2.50
mjr_: or somewhere around there
mircea_popescu: but yeah, i lay no claim to genius on the "not instacancellable" part. ffs it's beyond obvious.
mircea_popescu: mjr_ a, no fixed fee to be included ?
mircea_popescu: many darkpools do charge a seat fee.
mjr_: hmmm....you have to negotiate that with the company, and that is usually on a company level of interaction
mjr_: ie. your company offers you access to these routes
mircea_popescu: yeah,
assbot: [MPEX] [S.DICE] 1464 @ 0.007395 = 10.8263 BTC [+]
mjr_: that is the specific area where my company shines...
mjr_: at least somewhat
mjr_: prop trading can't really work without access to liquidity pools
mjr_: good fill rates, cheap fees
mjr_: even though i think scalping is almost dead
mjr_: thanks to something known as "toxic order flow"
mircea_popescu: it dies, it comes back
mircea_popescu: it's like a zombie
mjr_: hahaha
mjr_: what also was interesting is that our system is built by romanians
mjr_: so much respect to the education system there in regards to math and science
mircea_popescu: 5 points (69% like it)
mircea_popescu: 9 up votes 4 down votes
mircea_popescu: i like how that thing is getting upvoted into a frenzy
mircea_popescu: but reddit keeps it at 5
assbot: [BTCTC] [RSM] 10 @ 0.0098 = 0.098 BTC [-]
mjr_: yeah
mjr_: ;;help
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/
mjr_: !facts
mjr_: ok...
mjr_: two questions, are signup fees accounted for in mpoe, and can you transfer your positions from a broker back to mpex
smickles: yes and yes
mjr_: thanks
mjr_: that is an awesome model
jurov: mjr_, do you already decided on referral?
smickles: well, technically, the fee goes to mpex, but it gets paid to s.mpoe shareholders
mjr_: mirceau_popescu: also, I love how you mention NYSE as underdog
mircea_popescu: mjr_ if you mean accounted for as in, passed ti shareholders, yes. there's a special line in the monthly reports.
mjr_: cool
mjr_: that's what i meant
mircea_popescu: and as to the brokers, you have to ask them, but most everyone does it.
mircea_popescu: not doing it pretty much means bucket shop/fraud
mjr_: because it would be awesome to be able to contribute to a business that you are invested in...signing up helps your actual investment
mjr_: well, i really look forward to wider acceptance, and hopefully larger holdings for me...
smickles: if only a little
mircea_popescu: mjr_ that's the ide
mircea_popescu: a
mjr_: Amadeo Giannini i would like to be like this guy
mjr_: and start lending
mjr_: set up a table on the docks and hand out money
mjr_: it worked out ok for him...
mircea_popescu: not that easy tgo
mjr_: yeah
mjr_: i think what will have to happen is that you will have to use current practices, but denominate loans in btc
malaimo: since you guys are talking about mpex architecture: would be cool to make withdrawals more automated, e.g. as on the exchanges
smickles: hmm, sounds spooky
mjr_: can you not automate that using the API?
mircea_popescu: malaimo i have my doubts about that.
smickles: all withdrawals are manually approved
smickles: malaimo: if you want instant withdrawal, used a broker who provides that
jurov: wow, there actually is one?
smickles: I'm sure there is/are for relatively small amounts
jurov: in coinbr case it's possible but far from guaranteed
smickles: yeah, much depends on the broker's 'off mpex float'
smickles: or the availability of cheap shortterm loans
mjr_: has anyone really started using the advanced bitcoin features?
gesell: i think google is starting to seriously throttle my all my google code since i put the arbitrage spreadsheet on reddit :/
smickles: which ones? mjr_
gesell: grr
mjr_: third party arbitration
mjr_: contracts etc
mjr_: that could be used to form a trust service (maybe against the founding goals, but still, could be useful)
mjr_: like for example...i don't think i have ever read one negative article about mpex or mirceau_popescu
smickles: i think there are a few things which use the m-of-n signature txns, but i've not seen any of the contracts or conditional sends
jurov: they aren't directly supported by satoshi client
smickles: etc
mjr_: so i would say most people would trust him
smickles: < mjr_> like for example...i don't think i have ever read one negative article about mpex or mirceau_popescu <<< lolwut?
mjr_: the closest i ever read was sock puppet on SA..but that wasn't even really saying anything bad
mjr_: ie. no one has ever said he scammed them
mjr_: that i've read on a forum
mjr_: maybe chats i missed here, but i would say he has the equivalent of AAA credit within bitcoin
smickles: there are people who're pissed about the way f.giga.etf went
mjr_: ok, i missed that discussion
smickles: but, yeah, most to all of the 'bad' about mpex/mircea is that mpex looks ugly
smickles: or 'i don't understand why you use gpg'
mjr_: lol, maybe should do more research, but still...within bitcoin who would have the highest "credit rating"
smickles: in not so nice words
mjr_: lol, thats one of my favorite parts of it
mjr_: mpex UI
mjr_: look at reddit
mjr_: craigslist
mjr_: sometimes too much html5 and flash animations just get annoying
mjr_: ooh rounded corners and drop shadow
mjr_: a lot of current websites are very much "form over function"
smickles: the f.giga.etf issue was basically, that the original gigavps asset stopped, and people thought that the mpex listing would take action to acquire the new gigavps
mjr_: what was that company doing? an etf of what?
smickles: and mircea felt that taking action to acquire a new asset when the original one dissolved was outside of the f.gigga.etf contract
smickles: (it wasn't really an etf)
smickles: more like a single asset fund
mjr_: oh ok, i was going to say, i don't see the real point of an etf at the moment
mjr_: within bitcoin, there are only a few legit publicly traded companies you can buy all of them yourself
smickles: mircea's a bit of a word anarchist sometimes
assbot: [MPEX] [S.MPOE] 5800 @ 0.00067024 = 3.8874 BTC [+]
mjr_: oh by the way...i found the url to the site that i want to get to start taking bitcoins...
mjr_: options168.com
mjr_: one of my friends binary options ideas
mjr_: at the end of the day it's very similar to satoshidice (in the sense of expected value, house cut)
mjr_: not in the sense of using the block chain for randomness
assbot: [BTCTC] [RSM] 89 @ 0.0098 = 0.8722 BTC [-]
assbot: [MPEX] [S.DICE] 895 @ 0.00737449 = 6.6002 BTC [-]
assbot: [BTCTC] [RSM] 12 @ 0.0099 = 0.1188 BTC [+]
assbot: [MPEX] [S.DICE] 373 @ 0.00737449 = 2.7507 BTC [-]
mjr_: mirceau_popescu: upon furthor thought, i think that what you have set up IS the equivalent of a circuit...ie. you can verify communication between you and someone else, but i don't think it could work as a broadcast type message (i may be wrong) if i wanted it to take multiple hops, i would be vulnerable to MitM and phishing right?
mjr_: because only you can make sense of the message, since the message is encrypted...or am i mixing up my OSI model here :)
mjr_: ie PGP works for a point to point conversation, but if you want to make it routable you have to provide more info to the network (not actual content, but destination etc)
mjr_: is this how VPN would work too? unless i'm mistaken, i believe a VPN is encrypted (or can be)
assbot: [MPEX] [S.MPOE] 5400 @ 0.00066716 = 3.6027 BTC [-]
maximian: more confused knuckle draggers over at Reddit: http://www.reddit.com/r/Bitcoin/comments/17rae6/satoshi_dice_has_almost_tripled_since_its_ipo/
assbot: [MPEX] [S.MPOE] 1500 @ 0.00066715 = 1.0007 BTC [-]
assbot: [MPEX] [S.MPOE] 4680 @ 0.00067014 = 3.1363 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00067194 = 2.9035 BTC [+]
assbot: [MPEX] [S.MPOE] 9399 @ 0.00067229 = 6.3189 BTC [+]
mircea_popescu: l;alala
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066737 = 2.8837 BTC [-]
assbot: [MPEX] [S.MPOE] 279 @ 0.00066715 = 0.1861 BTC [-]
mircea_popescu: o hey, im being discussed :D
mircea_popescu: mjr_ : if i wanted it to take multiple hops, i would be vulnerable to MitM and phishing right? << wrong
mjr_: they couldn't read the message, but theyt could disrupt it
mircea_popescu: take for instance mpex db dump : http://mpex.co/db_dump.php
mjr_: right?
mircea_popescu: go ahead, download it.
mircea_popescu: what diff does it make ? you don't have the key for it.
mjr_: yes true
mjr_: and i took a look
mjr_: can't do anything with it
mircea_popescu: so now. if i want to talk to all the users on mpex, i could just post a long file, made out of bits, each encrypted with a user's signature.
mircea_popescu: everyone would only get his own, causwe that's the only one he can decrypt
mjr_: yeah
mircea_popescu: conduit is completely irrelevant
mjr_: true
mjr_: thanks for the explanation
mircea_popescu: this is why you can always trust a mpex "phisher"
mircea_popescu: all he can do is proxy
mjr_: well that is what i meant...what if he doesn't pass on the messsage?
mjr_: or in other words why would he
mircea_popescu: then you know it's not mpex
mjr_: yes, true
mircea_popescu: that's all really.
mircea_popescu: but i don't see many people bothering, no. there's no benefit
mjr_: i think it is a clean and very secure system
mircea_popescu: i think so too.
mjr_: a lot easier than managing vpn's
mjr_: but do those address the issue of people being able to securely send messages?
mircea_popescu: yeah. this would not be feasible if i tried to do it like it;'s currently done in the fiat finance world.
mircea_popescu: but there's a BIG lesson in here. think about it : i have technoklogy that allows me to do what they do much cheaper.
mjr_: yes, true
assbot: [MPEX] [S.MPOE] 10821 @ 0.00066715 = 7.2192 BTC [-]
assbot: [MPEX] [S.MPOE] 279 @ 0.00066565 = 0.1857 BTC [-]
mircea_popescu: i didn't get that last q.
mjr_: well that is what i love about this community, very grass roots
mjr_: bottom up planning
assbot: [MPEX] [S.MPOE] 2735 @ 0.00067229 = 1.8387 BTC [+]
assbot: [MPEX] [S.MPOE] 15 @ 0.00067504 = 0.0101 BTC [+]
mircea_popescu: smickles http://www.reddit.com/r/Bitcoin/comments/17rjzk/mpex_this_is_what_we_mean_by_bitcoin_will/c887zpp
mircea_popescu: thats some prime hatin' right there :D
mjr_: ah i had one other question/issue that i wanted to throw out here
mjr_: in instances like takin a cab or paying for fast food
mjr_: one to ten minutes for approval is not feasible...
mjr_: and obviously maybe it can't be applied to everything
mjr_: but is there any discussion on that subject?
assbot: [MPEX] [S.MPOE] 3294 @ 0.00067505 = 2.2236 BTC [+]
assbot: [MPEX] [S.MPOE] 4306 @ 0.00067504 = 2.9067 BTC [-]
assbot: [MPEX] [S.MPOE] 1406 @ 0.00067505 = 0.9491 BTC [+]
assbot: [MPEX] [S.MPOE] 6548 @ 0.00067516 = 4.4209 BTC [+]
assbot: [MPEX] [S.MPOE] 3150 @ 0.00067653 = 2.1311 BTC [+]
assbot: [MPEX] [S.MPOE] 1596 @ 0.00067746 = 1.0812 BTC [+]
mircea_popescu: mjr_ yes. it mostly consists of my pr pointing out it doesn't work and people glazingvoer.
mircea_popescu: https://bitcointalk.org/index.php?topic=134024.msg1493309#msg1493309
mircea_popescu: most recent example
smickles: < mjr_> in instances like takin a cab or paying for fast food << in situations like that, some feel it is save enough to accept 0 confirmations
smickles: also, there is one of those 'advanced' features you mentioned earler to solve this
jurov: smickles, not really. that would be akin to city transportation not giving a fuck about security of chip cards
mjr_: thanks smickles, i thought that was a very nice response
smickles: basically, you can create at tx which is for a significant amount (say 10 btc), but only gets approved in small in small bits, (say .1 btc)
mjr_: and good link mirceau
mjr_: i think that is also very true
JohnGalt49ers: you don't need to rely on confirmations when your coins are stored at an exchange
smickles: there are a lot of details, but you can safely accept the small bit part without any confirmation at all
smickles: even unbroadcasted (less than 0 confirms)
mjr_: cool
smickles: it's only been done as 'proof of work', so far as i know tho
mircea_popescu: <jurov> smickles, not really. that would be akin to city transportation not giving a fuck about security of chip cards << which they don't.
JohnGalt49ers: bitcoin can change ownership without transactions within the blockchain
mircea_popescu: course the hidden thing in all of this is that if mpex scales worth a shit everyone can just do push transactions.
smickles: JohnGalt49ers: like via private key transfer? (what I was talking about is more complicated, and a lot more secure than that. I'll see if i can find the link)
assbot: [MPEX] [S.MPOE] 12300 @ 0.00067162 = 8.2609 BTC [-]
jurov: with badly done 0-confirmations we'll inevitably end up in credit card territory - everyone will pay for the fraud
mircea_popescu: http://www.reddit.com/r/Bitcoin/comments/17rae6/satoshi_dice_has_almost_tripled_since_its_ipo/ ahaha this is sweet.
mircea_popescu: owner is an asshole!!1
JohnGalt49ers: you have a nice reputation ;)
gesell: anyone got issues getting to google?
assbot: [MPEX] [S.DICE] 600 @ 0.00733364 = 4.4002 BTC [-]
mircea_popescu: it's funny tho, why am i an asshole
mircea_popescu: people get so wrapped up in their own mind
jurov: http://www.reddit.com/r/Bitcoin/comments/17rjzk/mpex_this_is_what_we_mean_by_bitcoin_will/ also gets some lulz
smickles: i think this is what i was talking about https://en.bitcoin.it/wiki/Contracts#Example_7:_Rapidly-adjusted_.28micro.29payments_to_a_pre-determined_party
mircea_popescu: "the "shares" that MPEx has that it lets you buy and then sell ... how did they get them, and what exactly are these shares?"
mircea_popescu: heavily philosophical too
smickles: lolwut?
JohnGalt49ers: yeah that's more sophisticated then what I had in mind
gesell: explain to them that gpg, command line foo and mpex design should be percieved like the days when the internet filled up with idiots... we'd still stick to vms to have some peace of mind from it all
mircea_popescu: "o noes, but nobody can get on mpex!1"
mod6: oh gno!
mircea_popescu: im on the other side of it, trying to hold the doors down lol
mircea_popescu: nobody can get into mpex to the tune of 10 ppl a day or some shit
maximian: "oh my god, MPEx is the geekiest stock exchange I've ever seen. you have to send commands via command line? no web interface?" << this is actually what attracted me to mpex!
mircea_popescu: maximian i think a few people
mircea_popescu: anyway if mod6 evergets the iphone app out that'll be funny
mod6: :D
smickles: hmm, i don't recall that article being much about race
mircea_popescu: dude if you don't launch soon ima start sending escorts to your door at like 2am
mod6: iphone app someday, android version soon
mircea_popescu: topless
mircea_popescu: and drunk.
mod6: haha
assbot: [MPEX] [S.MPOE] 4321 @ 0.00066569 = 2.8764 BTC [-]
assbot: [MPEX] [S.MPOE] 3421 @ 0.00066565 = 2.2772 BTC [-]
mod6: that might help
mircea_popescu: smickles i think racist is what pinkos call people who call them pinkos
mod6: one thing im gonna work on today is wrapping up json stat stuff. but then i gotta get that encryption stuff wrapped up.
mod6: next version -- might be using bccapi maybe.
mod6: we'll see what works
pizzaman1337: mod6: iphone app for what?
mod6: its for MPEx
pizzaman1337: oh, nice
assbot: [MPEX] [S.DICE] 1277 @ 0.00733364 = 9.3651 BTC [-]
assbot: [MPEX] [S.DICE] 2231 @ 0.007395 = 16.4982 BTC [+]
mod6: i have a ton of work done already for an Android version. its called BitOTTer... http://www.bitotter.com
mod6: but.. its kinda rough with some of the encryption stuff - and making sure someones private key is secure is a challenge.
mod6: which leads me to mircea_popescu's thing that he posted on trilema about the eyescan2pgpkeys
pizzaman1337: encrypt it?
mod6: pretty l33t there, verdad?
mircea_popescu: innit!
mircea_popescu: course asciilifeform is all no! you must use geiger counters!
mod6: pizzaman1337: yup, i've implemented a way... i started off trying to do some other ways, like a keystore, etc.. but that didn't work out.
pizzaman1337: mod6: just curious, how do you plan on monetizing that? (if at all)
mod6: ate up a bunch of time too, now the code reads in the private key, will ask the user for a passphrase to encrypt the private key with, then that will be used to decrypt when needed to read in the priavte key upon launch. this will be a different passphrase that is used with the PGP private key itself, of course.
jurov: why all the trouble? just use throwaway key. scan iris, pay 30 bucks, trade on teh mpex. problem solved.
mircea_popescu: 3. Conclusions
mircea_popescu: Depending on BFL's shipping schedule, the network hashrate could be from ~ 120 Thps to ~ 290Thps, with Difficulty reaching between 15 and 40 million before mid May.
mod6: jurov: ;)
mircea_popescu: dudes sit around writing that shit on their blogs
mircea_popescu: but do they trade x.idiff ? no they don't.
mircea_popescu: sheesh.
mod6: pizzaman1337: it'll be availble through the MPEx affiliate program.
mircea_popescu: jurov ikr?
jurov: yes right
smickles: max diff at may's close is 220,868,234,397
smickles: or wait, what's the current diff
smickles: ;;bc,diff
mircea_popescu: 3mn
gribble: 2968775.3320751
smickles: 194,561,660,163
smickles: that's the max
mircea_popescu: https://www.bitcoinasic.net/
mircea_popescu: whoa nelly!
mircea_popescu: the azns were canadians from iraq!
mircea_popescu: "We're Open
mircea_popescu: All of the firmware and software we develop for our devices are completely opensource."
mircea_popescu: no github link. completely open. brain fell out.
smickles: minimum diff is 2968775
smickles: lol, copypast fail
smickles: minumum diff is 45
assbot: [MPEX] [S.MPOE] 7100 @ 0.00067162 = 4.7685 BTC [+]
assbot: [MPEX] [S.MPOE] 320 @ 0.00067229 = 0.2151 BTC [+]
mod6: I've never quite understood why people feel so but hurt about the website. I mean, its really just a formality. It doesn't even need a website! lol
mod6: http://memegenerator.net/instance/34241156
mod6: haha, *butthurt
mircea_popescu: im seriously thinking of eventually taking the website off entirely.
mod6: I mean, it exists as a way for people to go, "Oh hey! It exists!"
mircea_popescu: pretty much
mod6: but, it is totally not required.
mod6: ya
mod6: :)
jurov: also that would fall nicely into the plan to tell noobs coinbr is all there is, mpex is the old version
mircea_popescu: course, since i was gonna have to pipe orders in somehow
mircea_popescu: and have a gateway
mircea_popescu: 80 made the most sense
mircea_popescu: and if you're gonna have webserver up anyway...
mircea_popescu: might as well
mircea_popescu: lol jurov prepare for drama
mircea_popescu: this avalon thread is so full of win
mircea_popescu: even giga is trolling them
mod6: lol
kakobrekla: url
assbot: [MPEX] [S.MPOE] 4100 @ 0.00067229 = 2.7564 BTC [+]
mod6: oh and MOAR CAPZ too
mod6: JUST CUZ
maximian: Just looking at the Jan s.dice statement. 1.2M BTC in handle is stunning… wow!
maximian: the whole thing is what, two guys and a server?
mircea_popescu: if that.
mircea_popescu: no but in seriousness, they're pretty smart guys, survived the recent doublespend attacks that wiped a few of the betting people
maximian: this should be evoorhee's full time job… he's going to be fabulously rich
maximian: yeah, bright and competent
mircea_popescu: it may become that, who knows.
JohnGalt49ers: I took 6k from him
JohnGalt49ers: $
error4733: please you'r welcome this month again
mircea_popescu: took as in, gambled ?
JohnGalt49ers: yes, 7 btc to 500 something
assbot: [BTCTC] [GSDPT] 988 @ 0.0079 = 7.8052 BTC [+]
assbot: [BTCTC] [GSDPT] 12 @ 0.008 = 0.096 BTC [+]
mircea_popescu: this is so weird...
mircea_popescu: pre-dividends, crickets.
mircea_popescu: dividends paid, people start buying
mircea_popescu: why not buy 6 hours earlier get divs too ?!
JohnGalt49ers: weird indeed
maximian: amateurs who don't get the whole dividends thing?
mircea_popescu: maybe yea
mircea_popescu: there were some reasonable blocks bought on mpex pre-divs
assbot: [HAVELOCK] [SDICE] 5 @ 0.765 = 3.825 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.7567 = 6.8103 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.760001 = 7.6 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.76 = 7.6 BTC [-]
assbot: [HAVELOCK] [SDICE] 37 @ 0.7567519 = 27.9998 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.7567 = 3.0268 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.7567 = 4.5402 BTC [-]
evoorhees: yeah I don't know why people would wait to buy until after the dividend lol
evoorhees: you're doing it wrong
malaimo: maybe to pick up some "cheap" shares from people who want out after the most recent dividend...
mircea_popescu: except nobody sold