jcpham: i had basic units on preorder and paid with cc
jcpham: that fell apart. i called my cc company and got my money back
jcpham: rinse and repeat
JWU_42: I iwsh i could have used a CC for my BFL pre order
dub: they took pp no?
JWU_42: oh well - it saved some of my BTC from going down with the pirate's ship
jcpham: paypla is the same as credit card to me
jborkl: they still take pp
assbot: [HAVELOCK] [SDICE] 9 @ 0.76450001 = 6.8805 BTC [+]
JWU_42: dub: yeah - forgot about payPAL
JWU_42: :/
jcpham: avalon's unit looks nice. if they let me pay with another method other than btc only, i'd order one
dub: why not otc some btc with your cc via pp
mircea_popescu: dub that could be in a meme.
dub: I thought so
JWU_42: heh
jcpham: dub i do that anyways
dub: so whats the ploblem
jcpham: why would i then spend the coins on something i may never see
DeadWeasel: dub, that owuld be impossible if you have no Wot Rating, right?
dub: oh u trollin'
jcpham: i know what happens when you send bitcoins
mircea_popescu: jcpham you wouldn't spend coins on cavity fillings ?
dub: DeadWeasel: yes, in all likelyhood
jcpham: you never see them again
dub: DeadWeasel: jcpham is WoT jesus though
assbot: [MPEX] [S.MPOE] 3692 @ 0.00069515 = 2.5665 BTC [+]
DeadWeasel: haha
DeadWeasel: I set it up last week, now I'm like, wtf do I with this since nobody will do business w/me.
DeadWeasel: chicken and the egg
jcpham: ;getrating jcpham
jcpham: broken ass bot
jcpham: yeah DeadWeasel I have no tips for you there. it takes time.
DeadWeasel: what kind of transactions would people consider? like tiny little ones? for what? where?
mircea_popescu: well, do you have a cc DeadWeasel ?
DeadWeasel: just linger on bitcoin-otc begging? sounds pathetic and not worth the time
DeadWeasel: yeah
mircea_popescu: aite, one sec
jcpham: i trade however seems most profitable to me
jcpham: i'm a total jew
mircea_popescu: DeadWeasel https://secure.somethingawful.com/products/gift-certificate.php?product_type=register
mircea_popescu: buy me that. ill send you .5 btc.
jcpham: i'll buy your coins with paypal -10% and sell them to someone else for cash +25%
assbot: [MPEX] [S.MPOE] 8158 @ 0.00069943 = 5.7059 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069018 = 2.9823 BTC [-]
assbot: [MPEX] [S.MPOE] 4521 @ 0.00069002 = 3.1196 BTC [-]
DeadWeasel: good idea, I could do localbitcoins.com for some Wot maybe?
DeadWeasel: except they wouldn't be members
mircea_popescu: ...
DeadWeasel: this closed loop system.
DeadWeasel: i'm looking at it, mp.
jcpham: don't facilitate MP getting onto somethingawful
jcpham: worst idea ever
mircea_popescu: jcpham i am literally going to make a iama ama thread
DeadWeasel: apparently I've gotta whore myself out to get my first Wot Rating.
dub: I'm a romanian porn king: ama
jcpham: ;;rate DeadWeasel 1 <DeadWeasel> apparently I've gotta whore myself out to get my first Wot Rating.
gribble: Rating entry successful. Your rating of 1 for user DeadWeasel has been recorded.
mircea_popescu: dude i was gonna pop his wottery over a sa account
DeadWeasel: OMG! you busted my WoT Cherry!
DeadWeasel: thanks man
mircea_popescu: it'd have been so beautiful
jcpham: it means a lot or little
DeadWeasel: wottery, nice.
jcpham: you decide
DeadWeasel: I plan on it.
mircea_popescu: very little, jcpham is a POOR JUDGE of character
mircea_popescu: everyone knows
dub: haha
jcpham: facepalm
mircea_popescu: lol
jborkl: so, I missed the main conversation- how does jr think he is killing sd?
jcpham: bruce wagner got my bitcoins
mircea_popescu: jborkl power of prayer.
DeadWeasel: haha
jborkl: lol
mircea_popescu: thing is i kinda like the fucker
jborkl: I prayed to the easter bunny and the shit came true
mircea_popescu: but he gets too wrapped up ocasionally.
assbot: [MPEX] [S.MPOE] 6450 @ 0.00069002 = 4.4506 BTC [-]
dub: ssh pe41
dub: jesus fuck
mircea_popescu: lmao
mircea_popescu: all ur box
dub: IRC + audio meeting + maintenance window, my scheduler is contended
mircea_popescu: ;;eauth mircea_popescu
gribble: Request successful for user mircea_popescu, hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Get your encrypted OTP from http://bitcoin-otc.com/otps/8A736F0E2FB7B452
mircea_popescu: ;;everify freenode:#bitcoin-otc:527a1a6410a9742789ec8c9a554290ef8f777431b94d35f8e170f52a
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
DeadWeasel: ;;eauth DeadWeasel
gribble: Request successful for user DeadWeasel, hostmask DeadWeasel!~DeadWease@cpe-74-75-235-219.maine.res.rr.com. Get your encrypted OTP from http://bitcoin-otc.com/otps/6D206C24463BEC07
mircea_popescu: ;;rate DeadWeasel 1 Bought me SA account.
gribble: Rating entry successful. Your rating of 1 for user DeadWeasel has been recorded.
jcpham: ;;unrate DeadWeasel
gribble: Successfully removed your rating for DeadWeasel.
DeadWeasel: aw shit
jcpham: probably best to not get him mixed up with me
pigeons: you don't wanna get mixed up with a guy like me Dottie
pigeons: I'm a loner Dottie, a rebel
assbot: [HAVELOCK] [SDICE] 1 @ 0.76450001 BTC [+]
mircea_popescu: lol
jurov: omg discussion... if they're gonna blosk sdice, i'm proposing to block silk road too
kakobreklaa: and mpex
kakobreklaa: and gox
jurov: ya
kakobreklaa: in fact
kakobreklaa: everything that is not end user
jcpham: oooh i want to block silk road
kakobreklaa: should be banned!
pigeons: ll i dont accept any inputs without a government tax stamp
kakobreklaa: so no btc donations for the church, Luke-Jr!
dub: it'd be nice if we could just convince erik to stop being a dick
kakobreklaa: its a collective stabbing, cant outlaw the knife.
mircea_popescu: http://forums.somethingawful.com/showthread.php?threadid=3532233
pigeons: what's the name of the dice game that tries to be less destructive to the network?
dub: all he's doing is giving luke a reason to be luke
kakobreklaa: i need it for ma bread.
mircea_popescu: dude im like so cool now.
dub: fkn goons
pigeons: .title
pigeons: !title
pigeons: @title
DeadWeasel: lovely, mp, everybody is your whore, no?
assbot: [HAVELOCK] [SDICE] 1 @ 0.755 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069992 = 3.0244 BTC [+]
assbot: [MPEX] [S.MPOE] 321 @ 0.00069998 = 0.2247 BTC [+]
pigeons: I am Mircea Popescu! ask me anything! Q: Who are you?
Luke-Jr: jurov: glad to block silk road, if you know a way
jurov: orly? and what if sdice starts using another addy for every bet?
jurov: just forget it. it's uphill battle.
Namworld: My god...
jborkl: hmm, lets make the anti-govt free to do thinkers -not be able to do what they want. No SD, no SR, no Porn ... whats left for bitcoin
Namworld: I bet they do the same thing for just about everything else... so many empty words
dub: aww mp your thread got pwned
mircea_popescu: a well, i guess they banned it.
Namworld: SA must be happy from the advertising revenue tho.
mircea_popescu: was fun while it lasted.
dub: its just moved
dub: http://forums.somethingawful.com/forumdisplay.php?forumid=25
mircea_popescu: but i can't post ?
dub: oh
Namworld: it's the gas chamber
Luke-Jr: jurov: hopefully they won't without also stopping the DDoS
dub: Luke-Jr: why 'D'DoS?
mircea_popescu: i have no idea how their shit works, but anyway. was fun
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069821 = 3.017 BTC [-]
assbot: [MPEX] [S.MPOE] 11319 @ 0.00069796 = 7.9002 BTC [-]
assbot: [MPEX] [S.MPOE] 10000 @ 0.0006912 = 6.912 BTC [-]
assbot: [MPEX] [S.MPOE] 6618 @ 0.00069002 = 4.5666 BTC [-]
assbot: [MPEX] [S.MPOE] 9359 @ 0.00069002 = 6.4579 BTC [-]
assbot: [MPEX] [S.MPOE] 18333 @ 0.00069001 = 12.65 BTC [-]
dub: seems fairly centralised in a bitcoin sense
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069967 = 3.0233 BTC [+]
assbot: [MPEX] [S.MPOE] 4305 @ 0.00069998 = 3.0134 BTC [+]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00069998 = 1.33 BTC [+]
Namworld: https://bitcointalk.org/index.php?topic=141067.0
Namworld: 696 ASICMINER shares for sale
dub: you paid .1?
assbot: [MPEX] [S.MPOE] 11984 @ 0.00069998 = 8.3886 BTC [+]
assbot: [MPEX] [S.MPOE] 4898 @ 0.00069999 = 3.4286 BTC [+]
assbot: [MPEX] [S.MPOE] 118 @ 0.00069999 = 0.0826 BTC [+]
Namworld: yeah
Namworld: and put them up for auction at that starting price
assbot: [BTCTC] [COGNITIVE] 2 @ 0.3299 = 0.6598 BTC [+]
mircea_popescu: jcpham so you were right, it lasted 10 minutes
assbot: [MPEX] [S.MPOE] 14350 @ 0.00069998 = 10.0447 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069011 = 2.982 BTC [-]
assbot: [MPEX] [S.MPOE] 5523 @ 0.00069001 = 3.8109 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.33 BTC [+]
assbot: [MPEX] [S.MPOE] 11200 @ 0.00069001 = 7.7281 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069988 = 3.0242 BTC [+]
assbot: [MPEX] [S.MPOE] 14849 @ 0.00069999 = 10.3942 BTC [+]
assbot: [MPEX] [S.MPOE] 25650 @ 0.00069998 = 17.9545 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069027 = 2.9827 BTC [-]
assbot: [MPEX] [S.MPOE] 379 @ 0.00069001 = 0.2615 BTC [-]
assbot: [MPEX] [S.MPOE] 10935 @ 0.00069001 = 7.5453 BTC [-]
assbot: [MPEX] [S.MPOE] 3279 @ 0.00069999 = 2.2953 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069974 = 3.0236 BTC [-]
assbot: [MPEX] [S.MPOE] 4600 @ 0.00069471 = 3.1957 BTC [-]
assbot: [MPEX] [S.MPOE] 3450 @ 0.00069018 = 2.3811 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.7590101 BTC [+]
mircea_popescu: ;;tslb
gribble: Time since last block: 3 minutes and 8 seconds
j1717: what wallet takes the smallest cut for afee?
pigeons: your own
Diablo-D3: [04:34:22] <Ukyo> Diablo-D3: there?
Diablo-D3: yes?
iz: the default bitcoin wallet takes no cut for a fee
mircea_popescu: wallets take cuts now ?!
pigeons: mtgox charges no tx fees, they say not to use the trading account as a wallet however
Diablo-D3: I mean, its fast, and you get a much more stable chip
Diablo-D3: and you can fab them at sizes you cant cheaply buy fpgas
j1717: bitcoin qt just charged me .0045 fee
pigeons: mircea_popescu: that was originally gavin's company's whole business model, something like 1%-5% fees for strongcoin web wallet
iz: j1717: those are transaction fees, and happen whenver you do transactions anywhere with bitcoin
pigeons: j1717: well that fee was determined necessary to be accepted. perhaps you could manually create the tx and hope it still gets included with no fee, but comeone
pigeons: j1717: https://en.bitcoin.it/wiki/Transaction_fees
iz: (unless you use an old or hacked client to do 0 fee transactions, which will take forever to actually get accepted
pigeons: yeah 1% on strongcoin
assbot: [MPEX] [S.MPOE] 871 @ 0.00069018 = 0.6011 BTC [-]
assbot: [MPEX] [S.MPOE] 1329 @ 0.00069001 = 0.917 BTC [-]
pigeons: https://www.strongcoin.com/en/blog/frequently_asked_questions How secure are your servers ? StrongCoin is hosted on Heroku
mircea_popescu: wait. what ?!
mircea_popescu: gavin was involved with strongcoin ?!
pigeons: uh yeah
Diablo-D3: Namworld: so what does btcbond's news mean for btcmining?
mircea_popescu: ugh. i thought solidcoin was this ridiculous one man fork which had like, imaginary nodes with "unspendable" millions and other hacky 16 yo nonsense
mircea_popescu: am i confusing it ?!
pigeons: i remember that, it may have been called that, but strongcoins.com is a web wallet. they used to employ gavin, i don't know currently
pigeons: *strongcoin.com
Ukyo: Diablo-D3:
Ukyo: pm
mjr_: hi all
assbot: [BTCTC] [B.YABMC] 13 @ 0.0242 = 0.3146 BTC [-]
assbot: [BTCTC] [B.YABMC] 12 @ 0.0242 = 0.2904 BTC [-]
Xelv3t: !help
assbot: List of commands:
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: [HAVELOCK] [SDICE] 1 @ 0.745 BTC [-]
Namworld: means I'll probably have to sue amazingrando. I'm not sure our conversation records are sufficient at all for this.
Diablo-D3: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.47411, Best ask: 20.65000, Bid-ask spread: 0.17589, Last trade: 20.47411, 24 hour volume: 52068.35970111, 24 hour low: 19.85502, 24 hour high: 21.05000, 24 hour vwap: 20.42514
mircea_popescu: sue over 250 btc ?
Diablo-D3: Namworld: you could loan one of your avalon units to btc-mining
Diablo-D3: mircea_popescu: its more than that
mircea_popescu: a
Diablo-D3: its in the thousands I think
Namworld: 2369 BTC*
mircea_popescu: o no way ?!
Diablo-D3: and 106 of that btc is mine
Namworld: aye
assbot: [HAVELOCK] [SDICE] 1 @ 0.7590101 BTC [+]
mircea_popescu: so how come you're not one of the 85%
mircea_popescu: he didn't get much more than 30k total, did he ?
Namworld: 100000 bonds x .6 BTC = 60k BTC?
Namworld: Approximated
Namworld: I don't think he sold all his hashing at that price
Namworld: but there's like no margin kept for the operation's expense?!?
Namworld: He sold all the hashing it seems
Namworld: perpetual
mircea_popescu: well the terms keep shifting around, but anyway.
Namworld: He should refit his rig for some other purpose. A 600 GPU cluster could propably fetch more by being rented as such than the 15k he makes mining per month.
DeadWeasel: ;;everify freenode:#bitcoin-otc:09d6242f5fab39f5c63e486a8b81d9762d15ac12beddb4e569f7b24d
gribble: Error: In order to authenticate, you must be present in one of the following channels: #bitcoin-otc;#bitcoin-otc-foyer;#bitcoin-otc-ru;#bitcoin-otc-eu;#bitcoin-otc-uk;#bitcoin-otc-bans
DeadWeasel: ;;eauth DeadWeasel
gribble: Request successful for user DeadWeasel, hostmask DeadWeasel!~DeadWease@108-61-55-67ch.openskytelcom.net. Get your encrypted OTP from http://bitcoin-otc.com/otps/6D206C24463BEC07
assbot: [MPEX] [S.DICE] 130 @ 0.00736659 = 0.9577 BTC [-]
mircea_popescu: doing what ?
DeadWeasel: ;;everify freenode:#bitcoin-otc:0759d0648d6f1f549ad334ff7accb25268c0bbb8c1642dda1b42e781
gribble: Error: In order to authenticate, you must be present in one of the following channels: #bitcoin-otc;#bitcoin-otc-foyer;#bitcoin-otc-ru;#bitcoin-otc-eu;#bitcoin-otc-uk;#bitcoin-otc-bans
Namworld: calculations. GPU clusters are good for various computational needs.
Namworld: Not just bitcoin hashing...
mircea_popescu: sounds vague.
mircea_popescu: aanyway, i'm impressed with the entire "rigs are worthless now that you've bought them for me" stuff
mircea_popescu: literally not one single miner, large or small, has done anything else
mircea_popescu: maybe just tag the lot of them and be done with it. persecution of miners.
DeadWeasel: ;;rate mircea_popescu 1
gribble: Rating entry successful. Your rating of 1 for user mircea_popescu has been recorded.
DeadWeasel: thx for the help mircea_popescu
DeadWeasel: gotta start somewhere.
mircea_popescu: sure
mircea_popescu: o btw!
mircea_popescu: ;;rate DeadWeasel -1 THAT CODE WAS DEFFECTIVE
gribble: Error: For identification purposes, you must be identified via GPG to use the rating system.
DeadWeasel: what?
mircea_popescu: lol
mircea_popescu: jus' messin with ya
mircea_popescu: they DID ban me tho
DeadWeasel: christ on crutches
mircea_popescu: but i doubt you had anything to do with it.
DeadWeasel: you can do that fine for yourself, clearly
pigeons: ;;rate DeadWeasel -2 trusts mircea_popescu
kakobrekla: already banned?
gribble: Rating entry successful. Your rating of -2 for user DeadWeasel has been recorded.
DeadWeasel: jessus christ
mircea_popescu: kakobrekla literally 10 minutes.
mircea_popescu: lol poor guy had a heart attack
pigeons: ;;unrate DeadWeasel
DeadWeasel: um, seriously, could ya'll reverse that shit?
gribble: Successfully removed your rating for DeadWeasel.
DeadWeasel: thanks
DeadWeasel: WoT has less meaning to it after this experience.
kakobrekla: and i was just bout ;;rate pigeons -3 rates cause of ratings!
mircea_popescu: lmao RATEWAR!
mircea_popescu: DeadWeasel wot is meaningless in itself.
mircea_popescu: you gotta understand it to use it to any effect.
DeadWeasel: I see that now.. learning is fun.
DeadWeasel: experience is the best teacher. unless you've got guide??
mircea_popescu: how old are you if you don't mind my asking ?
Namworld: vague? I think GPU clusters can be used for graphical rendering... simulations... password cracking
DeadWeasel: first lesson, believeing WoT is actually a safe haven for doing business is false.
Namworld: that sort of things
kakobrekla: second lesson, dont tell your age to MP.
mircea_popescu: DeadWeasel it is. it's just not easy to game.
Namworld: I'm not sure how you can use them exactly. I just know many companies rent GPU clusters. And price is usually hefty
pigeons: yeah but who is paying for third party gpu work?
Namworld: Would probably involve a lot of work and expenses for amazingrando to refit tho
pigeons: i have seen some deals for password cracking, but they weren't steady jobs
mircea_popescu: Namworld unless you know someione specifically paying 15001 right now
mircea_popescu: it's vague
Namworld: aye
assbot: [MPEX] [S.MPOE] 6023 @ 0.00069383 = 4.1789 BTC [+]
assbot: [MPEX] [S.MPOE] 12077 @ 0.00069001 = 8.3333 BTC [-]
DeadWeasel: http://forums.somethingawful.com/showthread.php?threadid=3532233
DeadWeasel: this really turned out well.
DeadWeasel: there are more twats on SometingAweful than bitcointalk
mircea_popescu: lol ya
mircea_popescu: still. i had 10 bux worth of fun
mircea_popescu: and i think i owned them worth half a buttcoin
mircea_popescu: like... a cheekcoin
mircea_popescu: 's wort
DeadWeasel: no doubt.
mircea_popescu: i wonder what burned more, the "i can't distinguish you from reddit" part or the "paid for account with buttcoins" part.
assbot: [HAVELOCK] [SDICE] 1 @ 0.76 BTC [+]
mircea_popescu: well anyway. that's enough exciteement for one day.
mircea_popescu: take it ezzy all
Diablo-D3: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.49673, Best ask: 20.69999, Bid-ask spread: 0.20326, Last trade: 20.49671, 24 hour volume: 52397.98545826, 24 hour low: 19.85502, 24 hour high: 21.05000, 24 hour vwap: 20.42687
DeadWeasel: adios
Diablo-D3: ;;calc 253 * 20.49 / 1500
gribble: 3.45598
mod6: wb!
mircea_popescu: heya
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.41001, Best ask: 20.50879, Bid-ask spread: 0.09878, Last trade: 20.41000, 24 hour volume: 49661.44876349, 24 hour low: 19.85502, 24 hour high: 20.89000, 24 hour vwap: 20.33937
error4733: hello MP
mircea_popescu: how goes ?
error4733: big drame here :)
mod6: well... heheh
Ukyo: hey MP
Ukyo: can you process mpex deposits
Ukyo: ?
mircea_popescu: yeah, one moment.
mircea_popescu: error4733 o ?
mircea_popescu: ohoho what happened to s.dice
mircea_popescu: did luke kill it ?
Ukyo: these "new" 5mil shares of sdice
Ukyo: ppl are crying
mircea_popescu: o o
mircea_popescu: good time to buy i guess
Ukyo: well
Ukyo: a couple
Ukyo: no, +5mil shares
Ukyo: released
mod6: @ .0044
Ukyo: lemme get you the thread
Ukyo: https://bitcointalk.org/index.php?topic=101902.msg1504652#msg1504652
Ukyo: theres that
Ukyo: heh
mod6: the big question is did he violate the contract
mircea_popescu: mod6 no ?
Ukyo: mod6: who though.
mod6: who? ev
Ukyo: mircea_popescu: : thts why i asked you to do deposits
Ukyo: real quick
Ukyo: :P
mircea_popescu: ipo ended jan 3rd, rest of shares were added feb 3rd
mod6: b) at a price no less than the higher of the 1 day average price and the 30 day average price then current on MPEx ;
mod6: Everyone is wondering if this statement is in play because he sold the tranche at .0044
mod6: !ticker m S.DiCE
assbot: [MPEX:S.DICE] 1D: 0.0042 / 0.00544701 / 0.007395 (286728 shares, 1,561.81 BTC), 7D: 0.0042 / 0.00674716 / 0.007395 (953182 shares, 6,431.28 BTC), 30D: 0.00085848 / 0.00516138 / 0.0075 (6135135 shares, 31,665.79 BTC)
error4733: mp can you detail the 2.2.a on IPO details ?
Bowjob: I was under the impression that the share issuance mean releasing shares to public
Bowjob: if anything I think the right thing to do is leave at 0.44, next block is at 0.70 onwards
Bowjob: that way everyone is happy
Ukyo: i am happy with more 0.0044 blocks >,>
Ukyo: everyone else should be too
Bowjob: we get our cheap shares new investors get cheap shares, value goes up
Bowjob: im not
Bowjob: until topace goes online so i can buy those too
mod6: im still convinced that he did this wrong
Ukyo: everyone gets cheap shares, then it goes up
Bowjob: yeah. but wait till i get a private offering
Ukyo: bow: lol get them elsewhere
Bowjob: lol
Ukyo: BF, coinbr, btct
Bowjob: havelock tends to rise the highest. perfect for cashing out ^^
Bowjob: I'll crash the havelock price at 0.44 then ask for an offering
Ukyo: go for it heh
Bowjob: i need topace for that
Bowjob: lol
Bowjob: hes asleep
Ukyo: sms him :P
Bowjob: its 3.30 am
Bowjob: lol
Bowjob: id rather not
Ukyo: might be gone by the time he wakes up
mod6: P
Ukyo: then if yours 0.0070 goes into play, then you have to pay full
Bowjob: 800k shares left
Bowjob: thats plenty of time
error4733: 36h
Ukyo: 5hrs
error4733: or24
error4733: bet ?
Ukyo: I'm too nice to take that bet
Bowjob: lol
Ukyo: seriously.
error4733: agree
mircea_popescu: okay, all deposits flushed
Bowjob: get the rota back!
Ukyo: Bowjob: : LOL
mircea_popescu: have fun boys
assbot: [MPEX] [S.DICE] 210000 @ 0.0044 = 924 BTC [+]
Bowjob: so mp, was there a breach in contract?
Bowjob: Wow
Ukyo: >,>
assbot: [MPEX] [S.DICE] 227272 @ 0.0044 = 999.9968 BTC [+]
Ukyo: I didn do it
Ukyo: btw
Bowjob: Dude dont be greedy!! leave me some :(
Ukyo: how much did you wanna bet?
mod6: lol well there was 1/2
error4733: 5min
Ukyo: just curious
Ukyo: LOL
Bowjob: Fuck
Bowjob: :(
Ukyo: i am pretty sure
Ukyo: the rest will be gone
Ukyo: in 2`4 hours
Bowjob: I know erik is gonna sell the next one at higher
Ukyo: i know other ppl that willbe doing it
Namworld: I'll reiterate my offer to broker them for you
Ukyo: yeah, Namworld's good :)
Ukyo: or just pay a btc and signup on coinbr
Ukyo: and get them straight from mpex
Ukyo: and send them to havelock
mircea_popescu: Bowjob nope ?
Ukyo: then you are sure to get em
Bowjob: Nam, do you issue shares?
Bowjob: like dead terra? or just have it sent to james
mircea_popescu: what would be the breach ?
Namworld: I have BTC-BOND on BTCT.co
Namworld: and there's BitVPS too
mircea_popescu: !ticker m s.dice
Bowjob: there was a confusion about the contract.. hold on
assbot: [MPEX:S.DICE] 1D: 0.0042 / 0.00481465 / 0.007395 (724000 shares, 3,485.81 BTC), 7D: 0.0042 / 0.00600902 / 0.007395 (1390454 shares, 8,355.28 BTC), 30D: 0.00085848 / 0.00511072 / 0.0075 (6572407 shares, 33,589.79 BTC)
Namworld: I've just submitted S.MPOE, S.DICE & S.BBET passthrough on BTCT.co, pending approval
Ukyo: Namworld: that buy was great use of btc-bond
Ukyo: good thing you dont have to pay them out in large profits if you dont want to lol
Bowjob: " All future share issuance will be made only a) subject to approval by MPEx and b) at a price no less than the higher of the 1 day average price and the 30 day average price then current on MPEx ; "
mircea_popescu: Bowjob yes, but this wasn't a future share issuance.
mircea_popescu: this was the original, guy got 100mn shares, of which 10mn were ipod
mircea_popescu: and the remainder to be added to his acct 1 month after ipo closes.
mircea_popescu: ipo started august, last share was sold jan 3rd (announced ehre)
mircea_popescu: feb 3rd he got the rest of his 40mn shares and i guess he put some on sale.
mircea_popescu: no breach.
Ukyo: but you do anyways
Bowjob: What does that mean exactly?
Ukyo: nam: ah that reminds me
Ukyo: never did turn on terras bbet pt :/
Ukyo: he picked up like 5k really cheap lol
Bowjob: the big whale would do well if he downs the dice 11k btc
Bowjob: and buys shares of dice with his winnings
Bowjob: let hisother whale buddies play instead
assbot: [MPEX] [S.DICE] 92512 @ 0.0044 = 407.0528 BTC [+]
Namworld: what Bowjob said
assbot: [HAVELOCK] [SDICE] 12 @ 0.5321 = 6.3852 BTC [-]
Bowjob: Nam, can you get me 80 BTC worth of shares?
Ukyo: 261k left
Namworld: If I can get a deposit done by mircea right away.
Namworld: If only he'd come around
Namworld: I already bought max for myself
Ukyo: he already did deposits
Ukyo: a few mini ago
Ukyo: oh
Namworld: oh yeah, I see him posting 2 lines
Namworld: Hey mircea, can process a deposit right away?
Ukyo: if Nam cant do it, seriously try coinbr.
Ukyo: they _will_ be gone in a few hours
Ukyo: if not sooner
Ukyo: I highly doubt topace will be awake before they are gone
Namworld: mircea_popescu
Namworld: ^ important to use exact name for IRC client to annoy an user =P
Ukyo: lol
Ukyo: oh geez
Ukyo: new massive-ruby-rails exploit https://groups.google.com/forum/?fromgroups=#!topic/rubyonrails-security/1h2DR63ViGo
Bowjob: ah this is too stressful lol
Namworld: you mean AGAIN or you're late?
assbot: [MPEX] [S.DICE] 92512 @ 0.0044 = 407.0528 BTC [+]
Namworld: @ukyo
mod6: what about part b?
Ukyo: again
Bowjob: all right
mod6: how does that apply or not apply
Bowjob: thx for claryfiying
Namworld: arf
Ukyo: versions 2.3.x and 3.0.x.
Ukyo: effected
assbot: [MPEX] [S.DICE] 20 @ 0.0044 = 0.088 BTC [+]
mod6: hmmm ok well im off.
mod6: c-ya
assbot: [MPEX] [S.DICE] 227272 @ 0.0044 = 999.9968 BTC [+]
assbot: [MPEX] [S.DICE] 3 @ 0.0044 = 0.0132 BTC [+]
maximian: almost all gone… awesome!
Bowjob: Wow
Bowjob: I'm screwed
Ukyo: Yold you
Ukyo: dood
Namworld: I pmed you bowjob
Ukyo: nam or coinbr
Bowjob: Yes,
Ukyo: if you want em
assbot: [MPEX] [S.MPOE] 2721 @ 0.00069971 = 1.9039 BTC [+]
assbot: [MPEX] [S.MPOE] 2180 @ 0.00069999 = 1.526 BTC [+]
assbot: [MPEX] [S.MPOE] 5449 @ 0.0007 = 3.8143 BTC [+]
assbot: [MPEX] [S.DICE] 16831 @ 0.0044 = 74.0564 BTC [+]
Namworld: Check PM Bowjob, or you want to forget about it?
Namworld: Ah nevermind
mircea_popescu: <Ukyo> I highly doubt topace will be awake before they are gone << BTC FINANCE NEVERSLEEPS!
Bowjob: wait
Namworld: Looks like it's gone
Bowjob: yeah
maximian: like a bunch of starving hounds… lol
Namworld: 17k left
mircea_popescu: <Ukyo> new massive-ruby-rails << exploit dude fuck me, ANOTHER ONE !?
Namworld: yeah... awesome isn't it.
Bowjob: Well
Bowjob: :(
mircea_popescu: jessu god.
Bowjob: This didn't happen. Voorhees never sold cheap dice
Bowjob: lalalala i cant hear you
mircea_popescu: and to think people STILL use ror for btc stuff
mircea_popescu: insanity.
assbot: [MPEX] [S.DICE] 200 @ 0.0044 = 0.88 BTC [+]
mircea_popescu: Bowjob maybe he sells more who knows
mircea_popescu: there are guys around who bought s.dice at 0.0008 so
mircea_popescu: actually, i see 17k left at 44 ?
Bowjob: Nam, thanks for the offer, my heart pounded for a bit tho >_>
Namworld: Bowjob: someone put for sale 500k S.DICE @ 0.0008 BTC each not long ago. Error sale. It was there for a few seconds before being canceled, free to be taken.
Namworld: and it was ipoed at 0.0032
Bowjob: I can still send it?
Namworld: Yes
Namworld: If I can't get them, I'll return the BTC
Ukyo: ah nm then nam
Ukyo: if hes taking all of them
Ukyo: ignore my pm
Ukyo: :P
mircea_popescu: !ticker s.dice
assbot: Um, shouldn't you be with your own tribe or somethin'?
Ukyo: 0,o
assbot: [MPEX] [S.DICE] 17179 @ 0.0044 = 75.5876 BTC [+]
assbot: [MPEX] [S.DICE] 500 @ 0.007 = 3.5 BTC [+]
assbot: [MPEX] [S.DICE] 321 @ 0.00739497 = 2.3738 BTC [+]
Bowjob: Nope, goner
mircea_popescu: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.0042 / 0.00468036 / 0.007395 (1078838 shares, 5,049.36 BTC), 7D: 0.0042 / 0.00568318 / 0.007395 (1745292 shares, 9,918.82 BTC), 30D: 0.00085848 / 0.00507464 / 0.0075 (6927245 shares, 35,153.34 BTC)
maximian: well that was quick
Bowjob: Gratz
error4733: bam
Bowjob: I underestimated the power of mpex
Bowjob: fuck
mircea_popescu: lol so basically... they went 5 mins after i showed up and flushed deposits ?
Bowjob: mp
Namworld: It's gone. It's all gone.
Ukyo: error: how were you gonna bet errlier? LOL
Bowjob: you are one powerful catalyst you know that?
Namworld: mircea: exactly
mircea_popescu: dun dun dun
Bowjob: had you not shown up, that dice would stay there
mircea_popescu: 5k volume in a day
Bowjob: i know you have a big ego and all, but you deserve it this time
Bowjob: ^
maximian: I think we made evoorhees fell bad enough that the next 1,000,000 will be at or above 0.007
mircea_popescu: lol i don't have a big ego, i just bruise op's egos
Bowjob: yes, im okay with that
Bowjob: lol
Namworld: Not always tho. I don't agree on most topics with Mircea I think.
mircea_popescu: maximian well, if indeed it was him selling then ya, 44 was maybe a little low
Bowjob: its a crazy undervalue by erik
maximian: we really freaked out on him… heh heh
mircea_popescu: he could have gotten moar
Bowjob: yeah, we gave erik a good scolding
Bowjob: lol
Bowjob: :/
mircea_popescu: poor guy
Ukyo: i think his investor
mircea_popescu: and then you wonder why people don't want to list
Ukyo: needed cash
Ukyo: smoething happened
Ukyo: or
mircea_popescu: you are scolding him for it
Bowjob: i told him i trusted just judgement.. so its all good
Ukyo: and we getting screwed
Ukyo: lol
Bowjob: in the end
Bowjob: lol
Ukyo: [02:55] <mircea_popescu> HE IS GIVING YOU FREE MONEY
maximian: I'm a greedy bastard! I want him to give me MOAR FREE MONEY
Ukyo: Let the truth ring out
Ukyo: ppl need to stop complaining
Bowjob: Yes.. Mammon possessed me
Bowjob: :)
Bowjob: nam, thanks again for the pm
mircea_popescu: so how big was the block, 500k ? 1mn ?
Bowjob: 1m
maximian: out of 5M
Bowjob: the next block will be a bit more exp
Bowjob: 20:55] <Bowjob> just next block please dont undermine us too much >:/
Bowjob: [20:55] <evoorhees> bowjob - I think that's fair
Bowjob: there you go
Namworld: I tried to convince evoorhees to not do that again too...
Namworld: I want large walls at 0.75, 0.76, 0.77, 0.78
Bowjob: well everyones happy with this. we get cheap dice, new investors get cheap dice
mircea_popescu: lol ok
Namworld: 1 million each
mircea_popescu: maybe that was his idea really
Bowjob: now those poor fuckers who cashed out at havelock
mircea_popescu: give people a chance you know ?
Bowjob: are screwed
Bowjob: lol
Namworld: Panic selling...
Bowjob: last time I panick sold it did not end well
mircea_popescu: !ticker h sdice
Namworld: I've earned good money on those
assbot: [HAVELOCK:SDICE] 1D: 0.52100000 / 0.69673814 / 0.76500000 (683 shares, 475.87214730 BTC), 7D: 0.52100000 / 0.73408862 / 0.89000000 (2245 shares, 1648.02895898 BTC), 30D: 0.44000000 / 0.61127055 / 0.89000000 (6178 shares, 3776.42947722 BTC)
Bowjob: so I learned from my mistakes
mircea_popescu: 69 not so horrid is it
Namworld: I usually try to sell when I have a profit
Namworld: sometimes I bit my fingers seeing it keeping going up and up
Bowjob: nah
Bowjob: im fine iwht 69
Namworld: But most of the time, it gives me fund for the next panic sale.
mircea_popescu: yo people, i just realised
mircea_popescu: this sounds just like a real market and everything!
Ukyo: -_-
Bowjob: this is a real market
Bowjob: >_>
mircea_popescu: whodda thunk it.
error4733: !ticker s s.dice
assbot: You know, I've had it up to here with this Indian malarkey.
Bowjob: im playing with real moneies here
dub: I don't think he had much idea
Ukyo: yes, it is a real market. You just realized that? :P
Namworld: For a small bitcoin idea worth a few million USD
Bowjob: lol
Bowjob: it wasnt a small idea
dub: seemed shocked that people were'nt over the moon about it
Bowjob: i wonder whrre satoshi is
Ukyo: jaquzzie
Ukyo: :P
mircea_popescu: avalon fucks up 1st batc horders, right ? gets in 64 right ?
Bowjob: yeah which jacuzzi
mircea_popescu: ;;calc 64 * 80
gribble: 5120
mircea_popescu: that is 5k too.
Bowjob: umm
mircea_popescu: s.dice traded 5k today./
Bowjob: huh? what fuck up
Bowjob: i know avalon fucked up batch order no 2
mircea_popescu: weren't people selling their cookies of walletbit a few days ago ?
mircea_popescu: ya is what i mean
mircea_popescu: o nm, typo, 2 not 1
Ukyo: LOL
Bowjob: lol
Bowjob: u scared me
Ukyo: yifu told me there are quite a few orders
Ukyo: that have gone unpaid for and will be expired soon
Ukyo: and will go back up
Bowjob: i didnt even get thru
Bowjob: ill try to snag an avalon
Bowjob: mhm
Ukyo: 1st blotch or 2nd?
Bowjob: 2nd
assbot: [HAVELOCK] [SDICE] 5 @ 0.765 = 3.825 BTC [+]
Ukyo: really?
Ukyo: 2nd worked fine for us
Bowjob: Theres a company here, avalon milk
Bowjob: its such a good company
Bowjob: delicious milk..
Bowjob: ^
Ukyo: i'm pretty sure they are unrelated. ;)
Bowjob: i know. but avalon stuff is good
Bowjob: milk or asic or otherwise
Bowjob: :P
Ukyo: I bought a fun domain off someone on the forums couple days ago
Ukyo: having fun doing some side code with it
Ukyo: gonna put one of my avalons on it for sale
Ukyo: >:P~
mircea_popescu: <Bowjob> Theres a company here, avalon milk << kakobrekla
Bowjob: http://www.avalondairy.com/
Bowjob: best milk ever
Bowjob: theyve been doing it for a while now
Bowjob: Looks like flipping of shares have started
Bowjob: its like getting a free dice roll that wins
gesell: well that was quick (sdice offering depleted )
mircea_popescu: lol people selling in the pts ?
Namworld: yeah
Namworld: Hey, I also catched some of those PTs
Namworld: Will sell back for more
Namworld: By the way, anyone selling DMC shares?
Namworld: I'd like to increase my stake in that
mircea_popescu: jurov https://bitcointalk.org/index.php?topic=118551.msg1504142#msg1504142
mircea_popescu: you know what open interest is, right ?
Namworld: Thanks about the manual withdrawals...
Namworld: part
Namworld: You get fees income, better earn it. Manual withdrawal is a minimum it seems for exchanges.
Namworld: Or at least, a minimum is a small hot wallet that can be afforded to be lost.
Bowjob: !ticker havelock
assbot: It says some pelt-wearin' trapper, some stinkin' bean-suckin' possum skinner, he's gonna collect that reward money.
Bowjob: .. i fail. someone show me how its done
Bowjob: "2013-02-05 04:00:59 5 ฿0.76500000 ฿3.8250 2013-02-05 03:37:00 12 ฿0.53210000 ฿6.3852 2013-02-05 02:27:59 24 ฿0.53210000 ฿12.7704 2013-02-05 02:26:59 3 ฿0.55000000 ฿1.6500 2013-02-05 02:26:00 5 ฿0.60000000 ฿3.0000"
Ukyo: nam?
Bowjob: Mhm, disregard that, it's an eyesore
Ukyo: there are a bunch of DMC for sale on BF
assbot: [MPEX] [S.MPOE] 12750 @ 0.0007 = 8.925 BTC [+]
mircea_popescu: Ukyo you gonna get with the assbot already ?
Bowjob: anyone here play pc games
Ukyo: MP: I am trying to finish a big thing for BF atm
Bowjob: just wondering what does everyone do here?
Ukyo: and have a handful of minor things to get done
Ukyo: but
Ukyo: once the API goes public, or if kako joins the API beta list
Ukyo: he can just do it
Bowjob: im 20 years old, i only work 6 months at a nursery selling plants, i love videogames, economics, sushi, typical kid
Bowjob: are you guys like me? or are you guys old wealthy secret illuminati
Ukyo: mircea_popescu is the oldest.
Ukyo: :P
Bowjob: i know theres a 13 year old kid on btctalk
Bowjob: im under the impression most traders here are young people who can take the risk
Bowjob: who dress casually.. not those wall street peeps
Bowjob: when I look at the mt gox tracker thread I find it comical people post pictures of rockets, walls, ect
truffles: why would illumi's be interested in bitcoin though
Bowjob: dunno. we could be the new world order
Bowjob: lol
Ukyo: and with that
Ukyo: I am gonna make some food
Ukyo: :P
Bowjob: yeah man. speaking of food. i got some free coffee from a bitcoin user
truffles: there was an episode of "The Goodwife" about bitcoin being a threat to the govt
Bowjob: he gave it away due to rally which made people spend less likely spend bitcoins
truffles: bitcoin won the case afai can recall
mircea_popescu: im in my 30s, retired a decade ago, lived in the states, mexico, costa rica, eventually got bored
truffles: how does one retire at 30 gtfo
mircea_popescu: i've always worn a suit and i never was employed.
mircea_popescu: i was 24.
mircea_popescu: at the time
truffles: pics or it didnt happen
mircea_popescu: what'd you like to see ?
truffles: like non pixelized jpeg of u in a suit lol
mircea_popescu: um k
truffles: something that proves it
Bowjob: mhm
truffles: without giving away your bank details
Bowjob: yeah, im a bored 20 year old
Bowjob: lol
Diablo-D3: [04:22:09] <truffles> there was an episode of "The Goodwife" about bitcoin being a threat to the govt
Diablo-D3: not exactly
mircea_popescu: http://trilema.com/wp-content/themes/trilema/images/
truffles: well they did say it was being used like money
mircea_popescu: pick one from there, they're the historical background pix of my blog
mircea_popescu: the bg_ stuff
mircea_popescu: http://trilema.com/wp-content/themes/trilema/images/bg_ian2010.jpg that one is prolly bitcoin-adequate :D
truffles: good looking guy!
Bowjob: mhm, not bad.
Bowjob: so mp, you have a degree in finance?
truffles: these very nice pictures still dont prove ure balling
Bowjob: you're sitting ontop of one of the biggest btc compannies..
Bowjob: truffles, im sure he's balling rightnow with mpex and all
truffles: i love playing monopoly!
truffles: i have no idea what that is
truffles: i have a problem with a system that only nerdy people want to jump on board with
awkorama_: hi guys
Ukyo: MP: whats up with teh monopoly knock off board?
Ukyo: :P
awkorama_: anyone knows how the zero confirmation on SD works? I mean I understand that there is transaction 1, that is the bet and transaction 2 that is the price and t2 takes its output from t1, but what prevents the attacker from waiting to see t2 and then try to stop t1 by invalidating it (e.g. double spend) ?
truffles: t1 t2 what langugage is this heh
awkorama_: transaction 1, transaction 2
truffles: dont mind me, i have no technical experience with this
mircea_popescu: truffles well, you wanted pix in a suit
mircea_popescu: there's what, a dozen there
truffles: oh i only looked at 2..
mircea_popescu: Ukyo i dunno. is it a knockoff ?
mircea_popescu: was playing with some kids in a bar.
truffles: let me go look at some more
mircea_popescu: awkorama_ you prolly should ask dooglus or people in the forum sd watching thread
mircea_popescu: they know more than us i imagine
truffles: who took this pics `
Bowjob: it was PR
truffles: theyre so cheeky lol
Bowjob: :0
Bowjob: MPOE-PR took the pics ob
assbot: [MPEX] [S.DICE] 600 @ 0.00564885 = 3.3893 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.0071999 = 2.88 BTC [+]
truffles: http://trilema.com/wp-content/themes/trilema/images/bg_mdld.jpg lol
mircea_popescu: no it wasn't !?
Bowjob: she has an awesome job
mircea_popescu: they're over the course od many years
Bowjob: mp i was joking lol
mircea_popescu: the one by the seaside is in villahermosa i think
mircea_popescu: the monopoly one is in timisoara
Bowjob: like a boss
mircea_popescu: the current one on trilema is in luxor
Bowjob: MP, you are left handed no?
mircea_popescu: nop
mircea_popescu: im ambidextrous
Bowjob: oh
Bowjob: i see
Bowjob: On that pic you had your watch on your right hand, normally people put it on their left if they are right handed
Bowjob: but ambi is also fine i guess
assbot: [MPEX] [S.DICE] 2500 @ 0.0071999 = 17.9998 BTC [+]
truffles: http://trilema.com/wp-content/themes/trilema/images/bg_oct2010.jpg look like those guys from tv show "Fringe"
truffles: what do they call em!!
mircea_popescu: that's in frankfurt
mircea_popescu: (obviously)
mircea_popescu: and as far as ballinggoes... let me see here
Bowjob: mhm, i see bear and bulls
Diablo-D3: a bear and a bull
Bowjob: they should add pig
Diablo-D3: hurrrrrrrrrrrrrr
mircea_popescu: http://trilema.com/2010/nsfw-mosu-cu-joarda/
Diablo-D3: Bowjob: what would that signify? a stale market?
mircea_popescu: http://trilema.com/2011/nsfw-gradina-edenului/
Bowjob: stale would be bearish imo
mircea_popescu: http://trilema.com/2010/a-nins-a-nins/
truffles: nsfw tsk tsk
mircea_popescu: etc.
Bowjob: Well, I was thinking of investor styles. Bears make money by shorting, Bulls make money buy holding
Bowjob: and pigs lose money by shorting and holding
Diablo-D3: Bowjob: oh, so pigs represent the 99%?
Bowjob: well, im not sure is 99% of the investors lose money investing
truffles: im pretty sure im losing if i did
Bowjob: i've doubled my monies essentially holding dice.. so im not sure if its that hard
Namworld: They represent the idiots. Oddly politicians are often depicted as pigs.
Bowjob: mhm
truffles: somebody elected that pig so, what do we call the people`
Bowjob: sheep
truffles: just need a wolf to reign in those sheep and bam
Bowjob: what do we call spectators then
truffles: voyeurist?`
Bowjob: lol
Bowjob: thats not the term!
truffles: what kinda term you looking for here
truffles: bowjob im pretty bored too lol
Bowjob: animal term for a spectator
Bowjob: we have bulls, sheep, wolf, pig, bear
truffles: oh
truffles: rat, snail, cockroach?
truffles: cockroach suits me thinks
Bowjob: for a spectator?
truffles: yea they never die
truffles: unless u mean speculator?
Bowjob: no, cockroaches get squashed.. spectators dont
Bowjob: no i dont mean speculator
Bowjob: lol
truffles: what animal doesnt get killed
mircea_popescu: owl.
Bowjob: yes, mp got it
truffles: ok..
Bowjob: owl far from reach of the chaos
truffles: well lying in the shadows is that owl hunter
assbot: [MPEX] [S.MPOE] 13850 @ 0.0007 = 9.695 BTC [+]
Bowjob: this is a wierd convo
truffles: ure a weird dude
Bowjob: *shurgs
Namworld: What's a shurgs? =P
truffles: better to have known enemy than an unknown one
mircea_popescu: http://market-ticker.org/akcs-www?post=217077
Namworld: ure wierd shurgs... you guys speak a curious dialect.
mircea_popescu: mpex not hacked. fedwire hacked?
Bowjob: I can't spell anymore. I've graduated hs 3 years ago
mircea_popescu: bitcoin 1 : fiat 0.
Bowjob: I got some 87% in english which means that my english has deteriorated somewhat
truffles: wont find me speaking the queens english in a non-essay format
truffles: fedwire.. must google..
Bowjob: Let's have a moment of silence for the poor people at Havelock who panic sold earlier.
mircea_popescu: well... they were trading as high as 82 or something
mircea_popescu: in spite of the div cut
mircea_popescu: so, if they can go 10% over they should be ok with 10% under too neh ?
assbot: [MPEX] [S.MPOE] 9450 @ 0.0007 = 6.615 BTC [+]
Bowjob: umm, its more than 10% under earlier
Bowjob: it went to 0.52
mircea_popescu: a ok
mircea_popescu: well, i was going by avgs
Bowjob: everythings back to normal
mircea_popescu: but you have a point
truffles: is this BTC related speak or economic related
mircea_popescu: its mpex realted!!!!!
mircea_popescu: winwinwinwin
truffles: operated by Mircea Popescu of Romania hmmm
truffles: are u affiliated?
mircea_popescu: http://trilema.com/2013/breaking-bitcoin-1-fiat-0/
mircea_popescu: lalala
mircea_popescu: truffles hm ?
Bowjob: !ticker
truffles: ure happy about something so im assuming u own shares or somethng
assbot: I prepared your canoe with cedar boughs.
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.45612, Best ask: 20.56889, Bid-ask spread: 0.11277, Last trade: 20.45612, 24 hour volume: 45913.24160064, 24 hour low: 19.85502, 24 hour high: 20.89000, 24 hour vwap: 20.33950
mircea_popescu: truffles i own a majority stake in mpex
truffles: oh well i hope that works out for u
truffles: so can one buy a 5 year bond in BTC currency?
Bowjob: 5 years is an eternity in bitcoin timeline
mircea_popescu: truffles you could buy mpoe bonds and stick with them for 5 years
mircea_popescu: they pay interest monthly.
mircea_popescu: there are some people going on 1yr+ bynow
truffles: just curious about that
Bowjob: the interest rate has been really good to investors so far
truffles: i mean i still havent figured out how this btc works wont dare go that far
mircea_popescu: it did pay 6k or whatever last month
truffles: one would think the software writers could have at least put in the option for english language
truffles: being that its one complex system ...
truffles: is this channel always this lively heh
truffles: gonna go kill some zombies!
Bowjob: anyone played the walking dead?
Bowjob: best zombie game ever
truffles: nah
truffles: blackops 2
assbot: [HAVELOCK] [SDICE] 4 @ 0.765 = 3.06 BTC [+]
assbot: [MPEX] [S.MPOE] 4321 @ 0.0006959 = 3.007 BTC [-]
assbot: [MPEX] [S.MPOE] 5379 @ 0.00069576 = 3.7425 BTC [-]
truffles: the walking dead tv is getting good
truffles: im not that into video games, but when i play, blackops is my game
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069602 = 3.0075 BTC [+]
assbot: [MPEX] [S.MPOE] 5529 @ 0.00069576 = 3.8469 BTC [-]
assbot: [MPEX] [S.MPOE] 6800 @ 0.00069991 = 4.7594 BTC [+]
assbot: [MPEX] [S.MPOE] 2550 @ 0.00069994 = 1.7848 BTC [+]
mircea_popescu: https://bitcointalk.org/index.php?topic=141287.0
mircea_popescu: this will no doubt go over well.
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069577 = 3.0064 BTC [-]
assbot: [MPEX] [S.MPOE] 1431 @ 0.00069576 = 0.9956 BTC [-]
Diablo-D3: sigh
Diablo-D3: maybe I should just throw my money away and invest it in mpex and sdice
Diablo-D3: mircea_popescu: on mpex, how are dividends paid?
Bugpowder: when is next s.dice tranche going off?
mircea_popescu: Diablo-D3 owner issues a DIVIDEND|x|Y|z command
mircea_popescu: Bugpowder it wasn't said.
Bugpowder: any idea of the next price level?
mircea_popescu: nope.
mircea_popescu: okay so, i've some meetings to go to right now but ill be back later
mircea_popescu: everyone don't panic!
assbot: [MPEX] [S.MPOE] 5011 @ 0.00069576 = 3.4865 BTC [-]
assbot: [MPEX] [S.MPOE] 4024 @ 0.00069311 = 2.7891 BTC [-]
assbot: [MPEX] [S.MPOE] 12350 @ 0.0006919 = 8.545 BTC [-]
assbot: [MPEX] [S.MPOE] 851 @ 0.00069001 = 0.5872 BTC [-]
assbot: [MPEX] [S.MPOE] 40000 @ 0.00069001 = 27.6004 BTC [-]
assbot: [MPEX] [S.MPOE] 42000 @ 0.00069001 = 28.9804 BTC [-]
assbot: [MPEX] [S.MPOE] 155348 @ 0.00069 = 107.1901 BTC [-]
assbot: [MPEX] [S.MPOE] 8178 @ 0.00069 = 5.6428 BTC [-]
assbot: [MPEX] [S.MPOE] 723 @ 0.00068913 = 0.4982 BTC [-]
Namworld: People panicked...
assbot: [MPEX] [S.MPOE] 2677 @ 0.00068913 = 1.8448 BTC [-]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00068827 = 7.5021 BTC [-]
assbot: [MPEX] [S.MPOE] 423 @ 0.00068749 = 0.2908 BTC [-]
assbot: [MPEX] [S.MPOE] 10808 @ 0.00068749 = 7.4304 BTC [-]
assbot: [MPEX] [S.MPOE] 8661 @ 0.00068721 = 5.9519 BTC [-]
assbot: [MPEX] [S.MPOE] 13300 @ 0.0006871 = 9.1384 BTC [-]
assbot: [MPEX] [S.MPOE] 10438 @ 0.00068678 = 7.1686 BTC [-]
assbot: [MPEX] [S.MPOE] 15324 @ 0.00068663 = 10.5219 BTC [-]
assbot: [MPEX] [S.MPOE] 5552 @ 0.00068625 = 3.8101 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00068411 = 0.8893 BTC [-]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00068333 = 3.8266 BTC [-]
assbot: [MPEX] [S.MPOE] 3150 @ 0.00068292 = 2.1512 BTC [-]
assbot: [MPEX] [S.MPOE] 4800 @ 0.00068264 = 3.2767 BTC [-]
assbot: [MPEX] [S.MPOE] 7850 @ 0.00068242 = 5.357 BTC [-]
assbot: [MPEX] [S.MPOE] 9950 @ 0.00068227 = 6.7886 BTC [-]
assbot: [MPEX] [S.MPOE] 6000 @ 0.00068225 = 4.0935 BTC [-]
assbot: [MPEX] [S.MPOE] 22350 @ 0.00068223 = 15.2478 BTC [-]
assbot: [MPEX] [S.MPOE] 5040 @ 0.00068186 = 3.4366 BTC [-]
assbot: [MPEX] [S.MPOE] 19877 @ 0.00068178 = 13.5517 BTC [-]
Namworld: Going to meetings is apparently bad for the price of assets =P
Diablo-D3: [06:59:40] <mircea_popescu> Diablo-D3 owner issues a DIVIDEND|x|Y|z command
Diablo-D3: mircea_popescu: yeah, but Ive never used mpex, I thought it was all pgp signed contracts and shit and didnt actually rely on the mpex servers that much
StarenseN: this is pgp signed
StarenseN: every actions
Namworld: Aye
Namworld: Hmm, some people have put up a part of the S.DICE back on sale in the 0.0069 range
assbot: [BTCTC] [GSDPT] 460 @ 0.0051 = 2.346 BTC [+]
Namworld: I really wonder what evoorhees will do for the next slices
Bugpowder: I am ready for the next slice
Bugpowder: don't panic people
Bugpowder: the demand will be able to absorb these shares.
Namworld: Will they all get eaten up like that?
Namworld: Probably... there was tons of deposits
Bugpowder: how fast did the first tranche go?
Namworld: Like hmm...
Bugpowder: now the 20K BTC wall is down at $21
Bugpowder: heh
Bugpowder: that could eat 4M shares pretty quick
Diablo-D3: does it still cost money to get an mpex account?
StarenseN: 30 BTC / 25 BTC with referal
StarenseN: 24 if you use mine, i'll back you 1BTC i receive
Diablo-D3: fuck that.
Diablo-D3: mpex is still a scam then
Bugpowder: lol
Namworld: Took near 5 hours
Namworld: to sell all
Bugpowder: OK good
Bugpowder: well
Bugpowder: some people were asleep
Namworld: yeah
Namworld: They'll bite their fingers
Namworld: Just like I have from time to time =/
StarenseN: Diablo-D3 you can trade via a passthrough
Diablo-D3: yeah but that means the passthrough guy can just steal the shares
Namworld: I'll be doing passthroughs for these
StarenseN: yes that's a scam
Namworld: If approved, that is
StarenseN: yes
Diablo-D3: I dunno, Im not even sure if I want to do business with avalon
StarenseN: just to answer [13:24] <Diablo-D3> mpex is still a scam then
StarenseN: but for me, mp has to lower the fees
StarenseN: because BTC gained lot of value last month
Namworld: Which he will not do.
Namworld: It's perfect like that to him.
StarenseN: he can't maintain that on a long term
Diablo-D3: whos selling what?
thestringpuller: ;;ticker
Diablo-D3: EskimoBob_afk: more context
StarenseN: an opportunity, house or something
StarenseN: bankers don't give garantee for this business imo
StarenseN: cash is king
gigavps: they are releasing more sdice?
gigavps: cashing out could imply a couple things
gigavps: they could be coming under regulatory pressure
Diablo-D3: so the sdice gravy train is over?
gigavps: wouldn't surprise me
gigavps: when you flaunt something like sdice around someone with meatspace power will take notice before long
gigavps: it's like nefario talking about how the authorities can't shut down glbse
StarenseN: it's also a marketing experience I think
Diablo-D3: gigavps: fuck nefario
Diablo-D3: fucking asshole
Diablo-D3: hes basically ruined bitcoin
Uglux: +1 giga
gigavps: people keep asking why i have a claims process
gigavps: well, i don't want to end up like nefario and GLBSE
Diablo-D3: Im still wondering if I should go ahead with dmc 2.0 or not
gigavps: Diablo-D3, if you don't have a lawyer and a plan, that should tell you want to do, then.......
Diablo-D3: gigavps: that actually is on the plan
Diablo-D3: LLC registered in the state of maine, an actual office that isnt in my home, a lawyer, an accountant
Diablo-D3: and before you ask why maine, because its a lot easier to talk the state into doing things when you actually pay taxes here
Diablo-D3: and maine needs this more than any of the other states
jurov: hi all
jurov: so erik decided to drop the bomb when neither me nor mp is around
Diablo-D3: what bomb?
StarenseN: the news
jurov: he IPO'd at 0.0044
Uglux: https://bitcointalk.org/index.php?topic=101902.msg1504386#msg1504386
Diablo-D3: what was he ipoing?
jurov: looky: http://blockchain.info/address/1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx
Diablo-D3: oh
Diablo-D3: so erik = evoorhees?
Diablo-D3: and evorhees owns sdcie?
jurov: yes
jurov: yes
StarenseN: not exactly
StarenseN: but yes
Diablo-D3: so why is he selling shares?
Diablo-D3: sdice has no equity
Diablo-D3: I dunno, I wonder how feasable it is to raise about 10 million dollars
Diablo-D3: ;;ticker
gribble: BTCUSD ticker | Best bid: 20.60667, Best ask: 20.64899, Bid-ask spread: 0.04232, Last trade: 20.60667, 24 hour volume: 39228.27897107, 24 hour low: 19.85502, 24 hour high: 20.70000, 24 hour vwap: 20.32508
Diablo-D3: ;;calc 10000000 / 20
gribble: 500000
assbot: [HAVELOCK] [SDICE] 6 @ 0.759 = 4.554 BTC [-]
Diablo-D3: sigh.
Diablo-D3: maybe I should just guarantee something like 5% APY over a 10 year period
gigavps: Diablo-D3, sound like you need to speak with a lawyer
assbot: [MPEX] [S.MPOE] 3850 @ 0.00068178 = 2.6249 BTC [-]
assbot: [MPEX] [S.MPOE] 9550 @ 0.00069797 = 6.6656 BTC [+]
leotreasure: i'm going to ask a lawyer some questions re investing in S.DICE
assbot: [MPEX] [S.MPOE] 1771 @ 0.00069994 = 1.2396 BTC [+]
assbot: [MPEX] [S.MPOE] 6074 @ 0.0007 = 4.2518 BTC [+]
Diablo-D3: gigavps: eventually, yes
Diablo-D3: gigavps: the problem is, the bitcoin community just doesnt have the cash
Diablo-D3: I dont even know where most of the coins are
Diablo-D3: I imagine they've been lost
assbot: [MPEX] [S.MPOE] 5250 @ 0.00069509 = 3.6492 BTC [-]
Namworld: They travelled from hand to hand, to end up being gambled and lost on SatoshiDice
jurov: and paid on dividends :P
Uglux: the great bitcoinmixer: sdice ^^
gigavps: Diablo-D3, "the bitcoin community just doesnt have the cash" is an absurd statement
gigavps: sdice just collected another $60k
jurov: to borrow from mp "most everyone" doesn't have the cash
gigavps: avalon just collected $1m
gigavps: you are in a community where the main topic is a new form of currency / bartering / trading
assbot: [MPEX] [S.MPOE] 4321 @ 0.00068142 = 2.9444 BTC [-]
assbot: [BTCTC] [GSDPT] 1000 @ 0.007 = 7 BTC [+]
assbot: [MPEX] [S.MPOE] 6829 @ 0.00068141 = 4.6533 BTC [-]
Diablo-D3: ;;last
gribble: [05:29:15] <assbot> [MPEX] [S.MPOE] 6829 @ 0.00068141 = 4.6533 BTC [-]
Diablo-D3: heh
Namworld: Hello thick
ThickAsTh: Hey thanks
Namworld: Not much happening at this time of the day however.
ThickAsTh: Hehe, indeed, I just wanted to make sure I was in the loop
Namworld: Most active around 8pm - 2 am Eastern Time I'd say
ThickAsTh: Cool
Namworld: As for me well... I'm out for today
ThickAsTh: Did you get a chance to nab new shares on S.DICE?
Namworld: With the S.DICE stuff I haven't slept all night.
Namworld: Yeah, I nabbed almost 50k
mjr__: hi all
mjr__: crazy morning huh?
Namworld: hello mjr
jurov: hi mjr__
ThickAsTh: yeah me too, I slept about 3 hrs
Namworld: yeah
mjr__: you guys on reddit?
mjr__: ugh
jurov: yea some of us
ThickAsTh: i had to wait for BTC to clear to send to DeadTerra
ThickAsTh: haven't heard from Dead as to whether he was able to make trhe purchase for me in time...
jurov: mjr__: can you pls help me to wrap my head around https://bitcointalk.org/index.php?topic=118551.msg1504855#msg1504855 ?
Namworld: Eh, it's hard moving fast through a broker
jurov: or anyone else... how to make out open interest on mpex options?
jurov: just add the volume for all options sold in this month?
jurov: i don't get it
ThickAsTh: yeah, I actually saw it the moment erik posted them and pm'd Dead, but he didn't sign on for 2 or 3 hours
mjr__: not sure how we can calculate it
mjr__: but it basically means how many contracts exist
mjr__: ie. how many options are currently out there
mjr__: i sell an option...in order to do that someone has to buy it
Namworld: And as you might know Thick, I also run BTC-BOND & I am co-partner in BitVPS
Namworld: and on a darker note, I also run BTC-MINING
mjr__: so, as these are not "settled" ie. i haven't exercised he hasn't been assigned
jurov: hmmm... so if mpoe bot buys back option issued by itself earlier
jurov: it decreases the open interest
jurov: ?
mjr__: yeah i am not exactly sure how many contracts mpoe is writing
ThickAsTh: cool, I don't know much about BRCBOND, but I have looked at BitVPS
Diablo-D3: EskimoBob_afk: none of them managed to derail the effort to bring BTC to $1000
Diablo-D3: nefario did
ThickAsTh: I actually have a small hosting business, using Rackspace
Namworld: I have one of those too, owned personally
mjr__: so anyway, that;s all open interest is, but i don't know how to calculate it in this case
Namworld: I might have too much stuff going on.
mjr__: it would be related in some way to the volume
jurov: mjr__ okay, is uspected that. will discuss it with MP.
ThickAsTh: yeah, being "into" bitcoin definitely crowds your time too
Namworld: http://www.namworld.net/ is the url
Diablo-D3: EskimoBob_afk: who knows
Diablo-D3: I did? wow. I wish someone would have told me.
ThickAsTh: @nam cool, i'll check it out
Diablo-D3: yes, x ? y : z
Namworld: If I can get Amazingrando to pay back, that would be good news for DMC.
Diablo-D3: its short for if than else
Namworld: considering DMC's BTC-MINING holdings
assbot: [HAVELOCK] [SDICE] 5 @ 0.72 = 3.6 BTC [-]
Diablo-D3: Namworld: yes
Namworld: Lending was a bad idea. Even if Amazingrando is in the US.
assbot: [MPEX] [S.MPOE] 4471 @ 0.00068141 = 3.0466 BTC [-]
assbot: [MPEX] [S.MPOE] 9200 @ 0.00068126 = 6.2676 BTC [-]
assbot: [MPEX] [S.MPOE] 9100 @ 0.00068068 = 6.1942 BTC [-]
assbot: [MPEX] [S.MPOE] 9079 @ 0.0006801 = 6.1746 BTC [-]
Namworld: ok, well I'm off for real this time.
assbot: [MPEX] [S.MPOE] 4865 @ 0.00068408 = 3.328 BTC [+]
mjr__: so, is the consensus generally positive on the release of more shares?
mjr__: talking about S.DICE
maximian: nope
mjr__: why is that?
maximian: lots of reasons
mjr__: If someone gives out 100% of profits...
maximian: for me, it's because I didn't like seeing my s.dice portfolio drop 40% in an instant
mjr__: how do they expand?
mjr__: you should be holding it for the ridiculous dividends
maximian: all he had to do was set the next at market price
mjr__: and then compete with everyone else
maximian: 0.0073 or so
mjr__: his goal was to raise money
maximian: yeah
mjr__: that would be stupid for him
maximian: not at all
maximian: that's how MP does it with MPOE
mjr__: he wants to raise more cash so he can take more bets
maximian: it's not for bets
assbot: [MPEX] [S.MPOE] 1421 @ 0.0006801 = 0.9664 BTC [-]
assbot: [MPEX] [S.MPOE] 2079 @ 0.0006801 = 1.4139 BTC [-]
mjr__: and he set the price higher than the last offering
maximian: it's for one of his shareholders
maximian: some secret shareholder
maximian: personal use
mjr__: with higher prices for each next round
mjr__: obviously the price will go back to prior levels
maximian: it's totally destabilized now
mjr__: but if you increase supply, but keep price the same...
mjr__: what would happen to price
maximian: 1M shares were gobbled up by people who had the spare BTC, now they're being dumped
mjr__: ok
maximian: for instant profit
mjr__: that's fine
maximian: the new equilibrium will be in the 0.005 - 0.006 range
mjr__: as long as SDICE gets the capital it needs to expand
assbot: [HAVELOCK] [SDICE] 8 @ 0.72 = 5.76 BTC [-]
mjr__: they will release more dividends
mjr__: and the value will increase again
maximian: this isn't for expansion
mjr__: are you sure?
maximian: the sale was for one of the Satoshi Dice owners
maximian: yes
maximian: He said so earlier in this channel
mjr__: oh, similar to how a startup needs to do more offerings so that original investors can liquidate?
maximian: I suppose
ThickAsTh: For me it was exciting and frustrating,
mjr__: yeah, i'm not worried
mjr__: it's like people are saying sure the golden goose lays golden eggs...but it just won't suck my d*** too
mjr__: i hate it!
mjr__: lol
maximian: no
ThickAsTh: I spent half my current investment coins yesterday, at about .0072
mjr__: ah ok
ThickAsTh: so it sucks to know i missed by like 10 hours
maximian: I reinvested my considerable dividends back in at prices much higher than 0.0044
mjr__: that is true
maximian: I reinvested because I believe in the long term value
mjr__: yes so do i
maximian: that value was properly reflected in the share price
maximian: the share price was irrationally lowered on a whim by the *owner*
mjr__: i still think that the value is very low
mjr__: it wasn't irrational
maximian: yes, it's terribly low
mjr__: if you release that much at the current price, you still tank the stock
pigeons: it was irrational. even for his own self interest
mjr__: oh yeah demand is here, have a ton more supply
mjr__: price will stay the same
mjr__: how would that work?
ThickAsTh: and now I'm waiting to hear back from DeadTerra as to whether he was able to make the purchase for me at .0044
ThickAsTh: is there a way to look that up on MPEX?
mjr__: hmmm
ThickAsTh: (i'm not a mpex member, i am going thru passthroughs)
mjr__: yeah me too for now
maximian: You don't expect the owner to black swan his own stock
mjr__: through HAVELOCK?
mjr__: it's not a black swan
mjr__: first of all
maximian: even though it's within his rights
mjr__: it is trading well above both first and second offerings
maximian: the market was rational - nobody was going to dump 1M shares at 0.0044
mjr__: he is releasing more shares....
mjr__: so if you didn't get in, it's not too late
pigeons: it seems like evorhees is saying we were undervaluing the risks
ThickAsTh: I have shares in all the passthrus I think, Havelock was easy to unload last night, there was no action, so I sold all my shares there at over .70 on open bids
maximian: yes, and he should have done it the was MP does it - buy offering them at a small % higher than the market price
ThickAsTh: it's still riding high this morning too at Havelock
vampireb: is he selling them below the market?
mjr__: dollar cost averaging
mjr__: i bought what i thought was a good deal at 7
mjr__: horrible deal at 4?
assbot: [MPEX] [S.DICE] 1500 @ 0.00689996 = 10.3499 BTC [-]
mjr__: or heck yeah, i get to double my position for less
mjr__: i guess everyone is looking at sdice like a growth stock
mjr__: while i would buy and hold it just for the yield
pigeons: the person in the best position to know has signaled in the only way that matters, with his cash, that the price was too high
maximian: It's a huge growth stock
mjr__: yes it can be
mjr__: but i would not look for return by appreciation, to me that is the bonus
maximian: It could be worth 10s of millions. 1.2M BTC in handle just last month is *astonishing*
mjr__: of course, it's amazinhg
mjr__: but the yield is ridiculous
ThickAsTh: it just hurts this first time, because it was so abrupt
mjr__: true
maximian: for a small gambling concern that's restricted to just bitcoiners
mjr__: adjustments are tough
ThickAsTh: now I know that the shares need to stay at values that are more liquid
mjr__: yes, there was too big a spread
ThickAsTh: and holding shares at the end of the month becomes much more valuable than at the beginning
mjr__: and i honestly think he wants to give peple more opportunity to get it
mjr__: lol that is the way its supposed to be
maximian: the problem is, he has other owners now
mjr__: last dividend day the stock didn't move
maximian: so he has to consider what we want too
mjr__: non voting shares
maximian: and I don't care about giving other people the opportunity to get in
mjr__: you vote by buying and selling
ThickAsTh: what do you think the value will be set at for the next 4million shares he's releasing?
maximian: Anyway, Eric heard our bitching last night. He says he understands and that he didn't think it all through.
ThickAsTh: good to hear
maximian: So the next tranches will be priced a lot higher
mjr__: i was thinking that he will progressively price them higher
pigeons: unless he really needs the money right then
mjr__: and hopefully he can walk the price back up
ThickAsTh: it was so close to being an awesome move, but was definitely awkward to say the least
mjr__: yes, i mean this was 1.5 traunches
mjr__: sorry: 1/5
ThickAsTh: yeah
ThickAsTh: so he'll probably due a .005 increase for each one
ThickAsTh: sry
ThickAsTh: .0005
pigeons: that would be if he thinks about it
ThickAsTh: hehe
mjr__: so i think to increase the float by 50% you need to expect a certain amount of volatility but it will be good in the long run
mjr__: i think peple who are bullish on SDICE will be happy
ThickAsTh: yeah
mjr__: because this is a good long term move
mjr__: i think
maximian: I am bullish for sure
maximian: And it did need more liquidity
mjr__: i mean for sure growing pains
mjr__: and maybe i came across as defensive, but i was on reddit and people were all BREACH OF CONTRACT
mjr__: when they wouldn't know how to read a financial document if it was written in crayon
maximian: but it could have been done more slowly! I like smooth transitions.
mjr__: i suppose that is true
mjr__: he could have sent a letter to the shareholders with his future plans
maximian: The breach of contract thing was because the relevant clause was a little ambiguous. We had a debated about it here several hours ago. MP cleared it up: no breach.
assbot: [HAVELOCK] [HIM] 1 @ 13.6 BTC [-]
mjr__: i know
assbot: [HAVELOCK] [HIM] 1 @ 13.5001 BTC [-]
mjr__: but i mean there are so many scammers around that i guess people are nervous
maximian: It's still a great deal… but now there's a bit of a trust issue that might keep the price down for a while.
mjr__: but i think that mp and ev are the good guys
mjr__: i hope so
mjr__: i want to get in :)
jurov: i vote for "lawful evil" :D
mjr__: i have a 1 year mentality with this stock
mjr__: so i can't wait to see where it's at in 2013
mjr__: i meant 2014
ThickAsTh: the stock price will be fine too, these shares have one of the best dividends out there, people will keep snatching them up
maximian: The dividends are awesome, no doubt
mjr__: people would kill for these returns
mjr__: or make a billion dollars a year in a hedge fund
ThickAsTh: Are there other stocks that pay this well?
mjr__: not that i know of
mjr__: mpoe is good
mjr__: and i like btc-bond
ThickAsTh: but riskier right?
pigeons: less risky
mjr__: since it is not quite as risky
ThickAsTh: ah
mjr__: ie. debt vs equity
ThickAsTh: last div was what 10% or so?
ThickAsTh: which i read was higher than it would normally be
ThickAsTh: i was tryiong to follow along but dont knwo much about the stock
pigeons: price has been about 4% monthly yield
pigeons: but profits can change big quickly
pigeons: one month satoshidice lost money and paid no dividends, and the losses came out of next months dividends profits
ThickAsTh: Do you know anything about this JAH stock on Bitfunder?
ThickAsTh: it has pretty high returns
pigeons: mining stuff
ThickAsTh: so any week now the valeu will drop off for it
pigeons: seems likely
assbot: [HAVELOCK] [HIM] 1 @ 13.5 BTC [-]
jurov: better to buy anti-mining stuff like iDiffs ;)
mjr__: btw...you can make good money market making sdice
mjr__: i believe the spread is over 30%
mjr__: 32.69% to be exact
jurov: i'm really not sure, the price is all but stable. so you need big reserve both on s.dice and btc side to dip into
mjr__: does anyone know the timeframe for the remaining 4 traunches though?
jurov: better just go long and receive divs
mjr__: you can do both...but i agree
mjr__: what i meant is you can hopefully just buy and sell, higher than rebuy again lower
pigeons: so put your market making bids in, watch them get filled while your asks sit, then watch another traunch get put up below your bid
kakobrekla: > On Tue, 05 Feb 13 06:25:53 +0000 S.DICE - 1`000 bought @0.00420000 BTC,
kakobrekla: lol
mjr__: with the ultimate goal of increasing your position, but also creating liquidity
pigeons: kakobrekla: that was me
jurov: and i think the plan is not known... evoorhees seems to like to suddenly sneak in the middle of night
kakobrekla: pigeons??
mjr__: hehehe
mjr__: makes it exciting
kakobrekla: you sold me at 0042?
pigeons: no i bought
mjr__: also...the point of market making is...i will always have the current bid and current ask
kakobrekla: cause i bought too at that.
kakobrekla: i pasted my filled bid.
pigeons: oh sorry
pigeons: that was you
kakobrekla: np :)
pigeons: this was me
mjr__: i can go one in front of either side
pigeons: On Tue, 05 Feb 13 06:25:53 +0000 S.DICE - 1`000 bought @0.00420001 BTC
kakobrekla: haha
pigeons: :)
awkorama_: mjr__: hi, please respond to my query
jurov: mjr__ that's crystal clear to me. just that this market often likes to keep going to one side till the bot exhausts it allotment
maximian: a market maker would be great
assbot: [MPEX] [S.MPOE] 7400 @ 0.0006801 = 5.0327 BTC [-]
mjr__: jurov: good point
maximian: but you'd need pretty deep pockets and a lot of guts
mjr__: also...to the people who felt that they lost value...were you planning on selling, or even more specifically did you have sell orders on the books?
pigeons: i had buy orders on the books, higher than what erik put the shares up at
ThickAsTh: You can make the markets on the passthrus pretty easily
pigeons: so i did lose money there
mjr__: yes true
ThickAsTh: I laid out a fat chunk yesterday at .0072 :/
assbot: [MPEX] [S.DICE] 500 @ 0.0052 = 2.6 BTC [-]
mjr__: my only point was that if you were bearish on the stock and trying to get out of the horrible position of making upwards of 30% dividends, then yes you lost
ThickAsTh: but I have another fat chunk to spend today
mjr__: if you actually like the stock and want to keep what you have and get more, this is great news
ThickAsTh: but what was the right play last night,
mjr__: since i believe that most people like this stock, i think they should view the opportunity to get more for less as a good thing
ThickAsTh: on a passthru,
ThickAsTh: 1. Liquidate your passthru shares down to about .6 and try to buy in at lower
ThickAsTh: 2. Hold shares and buy only with liquid BTC you have
ThickAsTh: Bullish
topace_: so what was with the lowball ask order last night?
topace_: i wish i wasnt asleep at the time
ThickAsTh: .0044
ThickAsTh: a million shares
pigeons: topace_: evorhees sold more shares
topace_: of his 90%? so now, like 11% are on the market? and 89% are "private" ?
ThickAsTh: pretty much
ThickAsTh: and h plans to release 4 more rounds of 1m
pigeons: topace_: https://bitcointalk.org/index.php?topic=101902.msg1504386#msg1504386
ThickAsTh: he*
mjr__: public float increases to 15%
mjr__: has anyone seen coins for pizza?
assbot: [MPEX] [S.MPOE] 10521 @ 0.0006801 = 7.1553 BTC [-]
assbot: [MPEX] [S.MPOE] 1429 @ 0.00068007 = 0.9718 BTC [-]
mjr__: i think that was a huge win for this community
pigeons: good, bad, or indifferent, "huge win for this community" is fanboi
ThickAsTh: You see the Amazon Coins thing?
topace_: with no warning whatsoever, that was lame
topace_: "im releasing shares, first million up.. NOW! GO!"
awkorama_: I have seen it, did anyone try it ?
topace_: thats not how you run a business
pigeons: topace_: we let evorhees know that last night, he says he will try to price more appropriately in the future
topace_: and no indication when the NEXT ones will come out?
topace_: just "in the future"
pigeons: within days
pigeons: so that should keep people from buying too high cause who knows what he will price the next ones at
ThickAsTh: pretty much
ThickAsTh: now that we've been through it, I kinda don't want the next 4 tranches to be more than .0044
mjr__: yes, i want to get in as big as possible
topace_: at what time was it listed on mpex last night?
ThickAsTh: like 11pm EST, maybe a little later?
pigeons: round then
topace_: yea, just when i went to bed
topace_: bastard :p
assbot: [MPEX] [S.MPOE] 7471 @ 0.00068007 = 5.0808 BTC [-]
assbot: [MPEX] [S.MPOE] 5929 @ 0.00068 = 4.0317 BTC [-]
kakobrekla: let the drama continiue.
jurov: yeah... everyone cashing out of s.mpoe to be ready
aiball: so, did that huge wall at 44 get bought, or cancelled?
jurov: it got bought. in 2 hrs or so
aiball: wow
ThickAsTh: I'm going on the record to say that everyone overreacted last night
ThickAsTh: the stock devaluation is as temporary as the shareholders choose for it to be
topace_: yea but it also puts an artificial ceiling on the price, until the 5 million are all released
topace_: because nobody will buy at "what used to be the market rate: ~0.0070" knowing he's going to be releasing more "well below"
pigeons: yep
topace_: its temporary, sure, but it'll be at least a few weeks before we get back to 0.70.. even if he does one a day for the next 4 days... that'll severly deplete peoples buying power (or the amount they're willing to dump into this)
pigeons: and make you wonder that if evoorhees is willing to sell at that price, maybe that is closer to an accurate pricing of the risks
StarenseN: [09:31] <@assbot> [MPEX] [S.DICE] 210000 @ 0.0044 = 924 BTC [+]
StarenseN: [09:31] <@assbot> [MPEX] [S.DICE] 227272 @ 0.0044 = 999.9968 BTC [+]
StarenseN: [09:37] <@assbot> [MPEX] [S.DICE] 92512 @ 0.0044 = 407.0528 BTC [+]
StarenseN: [09:37] <@assbot> [HAVELOCK] [SDICE] 12 @ 0.5321 = 6.3852 BTC [-]
StarenseN: [09:44] <@assbot> [MPEX] [S.DICE] 92512 @ 0.0044 = 407.0528 BTC [+]
StarenseN: [09:45] <@assbot> [MPEX] [S.DICE] 20 @ 0.0044 = 0.088 BTC [+]
StarenseN: [09:46] <@assbot> [MPEX] [S.DICE] 227272 @ 0.0044 = 999.9968 BTC [+]
StarenseN: [09:46] <@assbot> [MPEX] [S.DICE] 3 @ 0.0044 = 0.0132 BTC [+]
StarenseN: [09:47] <@assbot> [MPEX] [S.MPOE] 2721 @ 0.00069971 = 1.9039 BTC [+]
StarenseN: [09:47] <@assbot> [MPEX] [S.MPOE] 2180 @ 0.00069999 = 1.526 BTC [+]
StarenseN: [09:47] <@assbot> [MPEX] [S.MPOE] 5449 @ 0.0007 = 3.8143 BTC [+]
StarenseN: [09:48] <@assbot> [MPEX] [S.DICE] 16831 @ 0.0044 = 74.0564 BTC [+]
StarenseN: [09:50] <@assbot> [MPEX] [S.DICE] 200 @ 0.0044 = 0.88 BTC [+]
StarenseN: [09:52] <@assbot> [MPEX] [S.DICE] 17179 @ 0.0044 = 75.5876 BTC [+]
pigeons: StarenseN: apologise
StarenseN: around 800K in 20 min when mircea_popescu woke up and proceed the deposit :)
mjr__: wow lol
jurov: it pays off to keep irc bouncer
jurov: i woke up, started reading up and it made my day
StarenseN: indeed
StarenseN: be part of the buyers made mine ^^
pigeons: jurov: can you do a quick for dummies on CoinBr.MPBPT-E? 0.1005 implies 5% MPBOR? Do we need to know what you bid at to know what number to expect?
assbot: [MPEX] [S.MPOE] 2685 @ 0.00068408 = 1.8368 BTC [+]
jurov: pigeons, 0.1005 is just a current price. you buy at that price, I will invest 0.1 into MPOE bond.
jurov: whatever the price is
jurov: now, when mpoe liquidates, i'll pay exactly 0.1*MPBOR (or less if there was some loss)
jurov: so if you got 0.1005 in the end of the month, that would mean that MPOE net profit was only 0.5%
pigeons: thanks, tough for me to follow sometimes
jurov: if MPOE makes 5% , each share liquidates on 0.105 . if it loses 10%, each share gets 0.09 only
pigeons: ah
jurov: and that's also reason why doing "normal" assets that will continously run through and just pay divs is difficult
jurov: we'd have to ask negative dividends if mpoe loses :D
jurov: better liquidate it every month
pigeons: gotcha
pigeons: need a demmurage feature ;)
jurov: yes there were some inquiries, but nobody could figure out what to insure it with. ur welcome
mjr__: i need to do a local bitcoin for cash today
jurov: lol 8k arrived to mpex in past few hours...prepare for wild ride
jurov: http://blockchain.info/charts/balance?address=1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx
ThickAsTh: just got the good news from my man DeadTerra, he was able to snag some shares for me last night :D
vampireb_: where?
vampireb_: couldnt wait for that one
vampireb_: ic in your thread
assbot: [HAVELOCK] [KCIM] 1 @ 0.99 BTC [+]
assbot: [MPEX] [S.MPOE] 10251 @ 0.00068589 = 7.0311 BTC [+]
Bugpowder: reddit really is where the idiots of the internet hang out
aiball: juror - do you have one of those blockchain.info urls for sdice 50% I tried to replace the address but not getting a chart
aiball: jurov
Bugpowder: at least the 4chan people don't take themselves seriously
jurov: aiball, search for the address normally
jurov: and then click the icon next to Balance to get graph
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069967 = 3.0233 BTC [+]
assbot: [MPEX] [S.MPOE] 10702 @ 0.00069999 = 7.4913 BTC [+]
assbot: [MPEX] [S.DICE] 200 @ 0.00689996 = 1.38 BTC [+]
Bugpowder: lol
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069981 = 3.0239 BTC [-]
assbot: [MPEX] [S.MPOE] 9298 @ 0.00069999 = 6.5085 BTC [+]
assbot: [MPEX] [S.MPOE] 581 @ 0.00069999 = 0.4067 BTC [+]
evoorhees: https://bitcointalk.org/index.php?topic=101902.msg1505462#msg1505462
Bugpowder: moar shares please
Bugpowder: .0055
Bugpowder: uh oh
evoorhees: is that good or bad?
Bugpowder: it will never sell
Bugpowder: it should be like .0034 :)
evoorhees: lol
evoorhees: man I can't win
Bugpowder: or .0046
Bugpowder: :)
evoorhees: well look... smart investors should want me to sell it as low as possible
Bugpowder: no shit
evoorhees: so you bugpowder are being very rational, thank you
Bugpowder: i wish i didn't sleep through the last batch
jurov: and i wish i'll be able to sleep tonight... it will be 4am here
Bugpowder: just place a bid up
jurov: ;;calc 1e6*.0055
gribble: Error: invalid syntax (<string>, line 1)
jurov: ;;calc 1e6*0.0055
gribble: Error: invalid syntax (<string>, line 1)
jurov: ;;calc 1e6 * 0.0055
gribble: Error: invalid syntax (<string>, line 1)
Bugpowder: 5500
jurov: and 8000 already deposited on mpex lol
Bugpowder: god damn it
Bugpowder: all five are going to go quickly
evoorhees: lol dumping?
evoorhees: one min
Bugpowder: EskimoBob_afk: why did you do a second offering of ART?
Bugpowder: yep
evoorhees: back, sorry
evoorhees: eskimo - releasing 5% of the shares on mpex is hardly "dumping"
evoorhees: further, as I've mentioned, there are a few private holders. Don't assume that this 5% is from me.
thestringpuller: evoorhees: i sent you pm if you have time
evoorhees: eskimo - the volume is not based on those wales alone
jurov: evoorhees: no need to argue with him... for him we re all just MP's sockpuppets anyway
evoorhees: the base volume is increasingly substantially, and the whales seem to come out for a week or two each month
evoorhees: I don't mind explaining my actions to him
evoorhees: and if he's an owner, then I owe it to him
evoorhees: And there is a big difference between me and Trendon. One business was opaque, the other transparent.
evoorhees: nobody knew how he was making "profits"
evoorhees: and yet they bought anyway
evoorhees: SD is a gambling site, it earns 1.9%, easy
evoorhees: you're wrong
evoorhees: but it's good to be skeptical
evoorhees: If everyone in the bitcoin community was as skeptical as you, it'd be a healthier community
evoorhees: and honestly, the whales do look suspicious... or at least I thought so until I went to Macau and saw people playing baccarat for 36 hrs straight with $50,000 chips
StarenseN: evoorhees quick question, are you belgian ? Any chance to see you back in belgium to promote bitcoin or ?
evoorhees: the name is dutch
evoorhees: but I've never been there
StarenseN: you're american ?
evoorhees: only been to london, paris, and vienna in europe
evoorhees: yeah
evoorhees: unfortunately
StarenseN: alright, belgium has a dutch part as well so that's why i asked myself
jurov: evoorhees, i can't imagine such people patiently bearing with bitcoin-qt.. or do they just use online wallet?
jurov: these whales
imsaguy: maybe those whales don't even exist.
assbot: [BTCTC] [GSDPT] 10 @ 0.0056 = 0.056 BTC [-]
assbot: [BTCTC] [GSDPT] 3380 @ 0.0056 = 18.928 BTC [-]
assbot: [BTCTC] [GSDPT] 2509 @ 0.0056 = 14.0504 BTC [-]
StarenseN: evoorhees are the 3 other batchs for this week as well ?
pigeons: star trek IV was the one with the whales
ThickAsTh: Thanks again DeaDTerra
ThickAsTh: the .0001 markup on the passthroughs works nicely
StarenseN: [17:41] <EskimoBob_afk> evoorhees: why do you sell?
StarenseN: did you answer?
evoorhees: yeah
evoorhees: "don't assume it was my shares"
ThickAsTh: I cant blame you at all, its a modest markup surely
evoorhees: Actually... consider that another private owner may have sold me more than 5%, and thus I actually increased my position
StarenseN: haha
StarenseN: at a good price so
ThickAsTh: While I'm sure we could come up with a number of reasons, I'm betting Bob wants the exact one
pigeons: evoorhees: so you and several partners own the unreleased S.DICE shares? And you and the other owners can sell your interest because you're selling it to the public via shares? Is that what makes it different from rapeghost selling his interest in S.BVPS?
evoorhees: I don't know the rapeghost case
pigeons: mircea_popescu: or did rapeghost have different ownership change provisions in its contract with mpex than satoshi dice has
evoorhees: but yes me and several others own the (now 89%) of S.DICE that is not on MPEX
ThickAsTh: I thought it was on MPEX ;)
jcpham: i see the difference
jcpham: bitvps was 100% public
jcpham: iirc
assbot: [HAVELOCK] [KCIM] 1 @ 1 BTC [+]
jcpham: where is the original bitvps contract
evoorhees: yes to be technically accurate, I have 39m shares of s.dice on mpex (these became available a few days ago, which was 30 days after the final sale of the ipo shares)
pigeons: oh i didnt know that. ithought all mpex stocks were non voting shares enforced by keeping 51% of the shares private
evoorhees: so 50m shares are just "theoretical" and 50m shares are on MPEX
evoorhees: correct deadterra
jcpham: yay for fun maths!
evoorhees: pigeons - yes that's true
evoorhees: I can't sell 50% on mpex
evoorhees: only 49.999% or whatever
pigeons: jcpham: (c) The Directors warrant that no further shares will be offered by them for a period of 30 days from the date these offered shares are sold. The Directors further warrant that they will never sell more than half the total shares.
pigeons: http://mpex.co/?mpsic=S.BVPS
jcpham: looks like the directors fucked up
jcpham: iana though
evoorhees: jcpham how?
pigeons: evoorhees: rapeghost sold more than half the shares
evoorhees: oh thought you were talking about s.dice
jcpham: no evoorhees
assbot: [BTCTC] [GSDPT] 5000 @ 0.0056 = 28 BTC [-]
jcpham: what pigeons said
jcpham: the previous owner of bitvps entered into a contract and then broke it
jcpham: iana though
evoorhees: was that on glbse?
jcpham: mpex
imsaguy: he wasn't allowed to sell
imsaguy: and then did
assbot: [BTCTC] [GSDPT] 1 @ 0.0055 BTC [-]
jcpham: that's how it reads to me
imsaguy: all without even consulting the other major owner
assbot: [BTCTC] [GSDPT] 775 @ 0.0056 = 4.34 BTC [+]
imsaguy: so technically, one could argue the sale wasn't legal
jurov: rg did not sold it
jcpham: that's backstory but... yeah
imsaguy: he didn't have enough votes.
jurov: rg just left everything to new owhers for free
jurov: including his own gpg key
jcpham: ^
imsaguy: he isn't allowed to do that either.
imsaguy: selling for 0 consideration is still 0.
imsaguy: err, selling
pigeons: hnope
imsaguy: he didn't just give.
imsaguy: pigeons: technically, nothing in bitcoin is sold unless there is $1.
pigeons: well, good enough for me
imsaguy: but there isn't.
evoorhees: imsaguy what do you mean?
jurov: cause he wanted hard to be employed, have the career and be able to fire people instead of boring task of running bitvps :DDD
pigeons: no consideration can be more than currency/dollars
imsaguy: evoorhees, its just barter unless there's dollars.
pigeons: but at any rate, everyone acknowledges th ownership transfer and its working out well for everyone except the investors (that leaves customers and new owners)
jcpham: it seems to me that similar to what dell has just done
jcpham: bitvps would need to do the same
imsaguy: aye
jcpham: buyout, go private
pigeons: no barter is contractual sale
imsaguy: the old shareholders would need to be bought out.
jcpham: to meet the mpex contract, that is
imsaguy: and you can't jus force them to sell
imsaguy: unless its in the contract
jcpham: and it isn't
pigeons: hey, who expected half as much from rg anyway
pigeons: no offense at all rg
imsaguy: offense intended rg
jcpham: the gpg key thing is not excusable
jcpham: i can't trust him
pigeons: cant trust his old key
imsaguy: aye
jurov: i don't mind rg at this point, worse enw owners are equally inept
imsaguy: he isn't his key
pigeons: cant trust him not to break contracts, thats true
jurov: they still didn't decide whether they'll list or not
imsaguy: I wanna know what grubles got out of this
jurov: "probably on btct"
imsaguy: besides the shaft
jcpham: imsaguy/query grubles
jcpham: shit
pigeons: that's why i figure
pigeons: i think it was just time for both of them to move on, and people did get screwed and it certainly didnt have to be that way, but oh well
jcpham: seems like i have that info in a/query log
jcpham: what "he got"
imsaguy: meanwhile..
imsaguy: screw pirate
pigeons: yeah
pigeons: dude fucked you
imsaguy: he fucked many people
ThickAsTh: BTCTC takes forever to confirm deposits
pigeons: evil
imsaguy: my own damn fault
pigeons: its too much damn hassle paying lenders out of my 10% weekly profits, let's do "trust accounts"
imsaguy: pigeons: its one of those thigns that made sense at the time when a person is tied up into the story
imsaguy: but in hindsight, dumb as hell
jcpham: i was just looking through my grubles chat logs
jcpham: <jcpham> so 24.4 btc @ 8.2/per
jcpham: <grubles> ill have pirate send them to you, cool?
jcpham: <jcpham> yep that works
jcpham: ^ retarded
imsaguy: oh, I had much better ones
imsaguy: until Western Digital failed me
jcpham: treasure trove of lulz
jcpham: some of these are pretty old I'm wondering why i still have them
imsaguy: sentimental reasons
jcpham: so i can sue when my name isn't in the credits
imsaguy: there we go
imsaguy: let's make a movie
imsaguy: who shall we cast as pirate?
jcpham: a fat guy
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069981 = 3.0239 BTC [-]
assbot: [MPEX] [S.MPOE] 2779 @ 0.00069999 = 1.9453 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.665 = 3.325 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.65 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.611 = 6.11 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.61 = 6.1 BTC [-]
pigeons: bill clinton
jurov: bill clinton http://i.imgur.com/wAuwF.gif
ThickAsTh: Erik, if you are still around, can I ask what the current & future marketing plans are for SDICE?
evoorhees: hey
evoorhees: yeah
ThickAsTh: I recall seeing info about a print ad campaign, maybe more, but that was all before my time
ThickAsTh: Just trying to get a sense of what's happening now to strike while the iron's hot
evoorhees: the plan, for now, is to get SD some good legal advice on how to proceed in the safest way possible. It is getting lots of press and free advertising, and I don't want to push it further before having all the ducks in a row
ThickAsTh: I see
maximian: evoorhees: that's great - it's been a worry of mine
ThickAsTh: So the plan is pretty much stasis while legal ducks get in a row
truffles: is there a website where i can learn about what this is all about?
maximian: You have to assume that someone at the DOJ is or will take a good look at s.dice.
evoorhees: yeah
truffles: like an s.dice how to?
evoorhees: it's an awesome brand and game, and deserves to be set up properly
truffles: i wanna be a good owl
ThickAsTh: It's funny though, because SDICE isnt really different than any video game
ThickAsTh: it bitcoins that are what they need to look at
evoorhees: it's a fair argument
truffles: and why is it that evoorhees holds 89%?
maximian: The worst case scenario is they arrest you and splash one of those stupid DOJ banners on satoshidice.com
ThickAsTh: but, either way, I think some strategic marketing would make the site really take off, when it's time
maximian: even though that doesn't necessarily stop betting, it'll be bad
maximian: even if they can't charge you with anything, damage will be done
assbot: [HAVELOCK] [SDICE] 18 @ 0.618 = 11.124 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.6121 = 6.121 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.612 = 3.06 BTC [-]
assbot: [HAVELOCK] [SDICE] 22 @ 0.61 = 13.42 BTC [-]
assbot: [HAVELOCK] [SDICE] 45 @ 0.6 = 27 BTC [-]
truffles: is there a utube for s.dice?
maximian: so it would be nice to know if you have a contingency plan for that
evoorhees: "The worst case scenario is they arrest you and splash one of those stupid DOJ banners on satoshidice.com" - I've taken steps to handle this
evoorhees: would be bad for me, but SD would live on
maximian: It's where the brand is presented, where you learn how to play - it's important
evoorhees: ThickAsTh - agreed
truffles: evoorhees is there a s.dice utube?
assbot: [HAVELOCK] [SDICE] 10 @ 0.601 = 6.01 BTC [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.6 = 12 BTC [-]
assbot: [HAVELOCK] [SDICE] 40 @ 0.6 = 24 BTC [-]
evoorhees: no... you wanna make one?
maximian: OK.
truffles: it could be very useful for ppl like me
truffles: im not a good candidate for that
assbot: [HAVELOCK] [SDICE] 15 @ 0.6 = 9 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.6 = 1.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.6 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.6 BTC [-]
evoorhees: anyone know anyone who makes youtube vids?
assbot: [MPEX] [S.DICE] 1442 @ 0.00689996 = 9.9497 BTC [+]
truffles: http://en.boardgamearena.com/#!gamepanel?game=cantstop this game is fun
truffles: makes me think of that
ThickAsTh: That is one side that is missing from SDICE, easily guiding a gambler into setting up a bitcoin wallet and sending a bet
truffles: i cant get over how bad this site design looks..
truffles: yea im still confused about how this bitcoin setup works
assbot: [BTCTC] [GSDPT] 5050 @ 0.0056 = 28.28 BTC [+]
jcpham: evoorhees i'm all over the youtubes
evoorhees: truffles you don't like the SD site?
truffles: no its terrible
evoorhees: jcpham - if you can make a good SD vid for youtube I'll be happy to send you some coins
evoorhees: maybe chat with me on skype?
assbot: [MPEX] [S.MPOE] 4657 @ 0.00068597 = 3.1946 BTC [-]
evoorhees: except that you break it every day deadterra :)
jcpham: i've never actually used skype
jcpham: i'm weird with technology
truffles: it took forever to process now my bitcoin software is still processing wth!
jcpham: so a satoshidice video...
truffles: yea do include the edge in that in vid
evoorhees: sent pm jcpham
topace_: mircea_popescu: still sleeping? waiting on a deposit here.... :)
ThickAsTh: So if you jumped from .0044 to .0055, where does that leave the next 3 tranches? kinda hard to go too much further up
ThickAsTh: and the market will be down after these two also
evoorhees: .0044 clearly angered lots of people
truffles: whats a tranche?
ThickAsTh: i dunno, it's the word everyone is using for releasing a batch of shares
ThickAsTh: :)
pigeons: .0068 looks like a good price
ThickAsTh: They won't sell at that price
evoorhees: a tranche is like a "batch" of something
truffles: so there can be infinite batches?
evoorhees: usually used when talking about financial assets
grubles: DeaDTerra: he wants to personally rub your bitcoins between his fingers to check if they are counterfeit or not
evoorhees: we'll see how things go with .0055
evoorhees: I'll post ahead of time for any other tranches
ThickAsTh: theyre already sold in theory
ThickAsTh: isnt there like 800k depsoited to MPEX waiting?
ThickAsTh: hehe
gesell: after some thought, on the whole s.dice share thing... maybe it's a good thing that people are forced to think in terms of long term investment (mostly for dividends) rather than traditional stocks. i;d be happy if you would under sell every time. at the moment bitcoin stocks are still, well, they shouldnt be assumed the same
truffles: seems ppl arent happy about random tranche announcements
truffles: so i wonder if there is a fixed amount that can be done
assbot: [MPEX] [S.DICE] 180 @ 0.00689996 = 1.242 BTC [+]
gesell: truffles: but there really isnt a better way
gesell: people arent happy because they didnt get "their" share of the opportunity. but it doesnt matter if they are announced in advance or not, its going to be dificult
jcpham: evoorhees: http://www.youtube.com/watch?v=8bFEap2TNB8
jcpham: i make videos where i endanger others
evoorhees: gesell - I like your attitude
pigeons: set a future date when more shares are available, and say the price will be X % of X-day moving average
ThickAsTh: for the big players, announcing is ideal, for the small guys, a surprise might be better
truffles: i dunno who likes that kind of surprise..
ThickAsTh: I did
gesell: the point is that you are not really solving anything truffles
ThickAsTh: because i was awake and saw erik post the news
truffles: im not solving i want to understand
evoorhees: well unfortunately there is no way to tell the whole market at once
evoorhees: globe is round :(
Anduck: u cant be afk and typing
ThickAsTh: I take it Bob likes Mircea a lot
grubles: he has a way with words
truffles: gesell what was it that you think i was trying to solve though
assbot: [MPEX] [S.MPOE] 1446 @ 0.00069998 = 1.0122 BTC [+]
ThickAsTh: Posting a portion of the tranches on the passthroughs might also go a long way to keep people quiet. (Could also make things worse too I guess. Havelock price didn't fluctuate much during all this, oddly)
gesell: truffles: i get the feeling that a lot of the angst is really rooted in the fact that its hard to "get on top of that" share drop opportunity before the established players. but i dont see a way to solve that
assbot: [BTCTC] [GSDPT] 300 @ 0.0056 = 1.68 BTC [+]
gesell: or
gesell: the angst is in relation to people treating mpex stocks like a real stock market. and the volume isnt there for that. if this were a real stock market s.dice drop would have been closer to the market price because there would have been enough volume to eat it up. with where the volume is, it made sense where he put it. ON TOP of that, the whole idea of forcing his investors to think of s.dice stock different, not as a stock to quickly day trade on but ra
truffles: im curious why they was any rumblings, they knew the risks
gesell: im not upset at all that i bought at 0078
gesell: just sad that i wasnt a mpex whale that could scoop up another 20000k shares at 0044
gesell: but that is just the difference between being a mpex player, and being a normal long term investor
gesell: which reminds me, im gonna take my dividends and reinvest now ;)
truffles: day trade on but what
truffles: finish the thought
gesell: truffles: well not day trade, but to look at the stock as something to trade just on its value alone
gesell: i mean a lot of the s.dice drop got picked up by people that just plan to resell it. this is investment in relation to supply and demand in the market, not investment in s.dice long term, imho
assbot: [BTCTC] [GSDPT] 2870 @ 0.0056 = 16.072 BTC [+]
gesell: maybe i mix up words. hard to describe where i feel there is a difference in how one deals with s.dice on mpex, but there is
truffles: to me seems like a lil niche for the nerd crowd to swap
gesell: totally
gesell: the dividends are not however
assbot: [MPEX] [S.MPOE] 14000 @ 0.00069998 = 9.7997 BTC [+]
evoorhees: EskimoBob_afk "why did you need multiple large investors?" - some investment was needed to provide capital for the betting pool.
evoorhees: wasn't so much a "need" as a "that would be smart to do"
evoorhees: yes really, why?
evoorhees: do you know how large the bet pool is?
evoorhees: I assume you've seen the swings of several thousand BTC before :)
jurov: folks... got an idea. how much would you pay for 250 BTC on MPEx? to be able to place your order nao?
assbot: [HAVELOCK] [SDICE] 6 @ 0.62 = 3.72 BTC [+]
evoorhees: ?
jurov: no. i can sell some S.MPOE
jurov: they are my own, not coinbr clients.
ThickAsTh: There are passthrough players already
gesell: jurov: i'd avoid it
jurov: it would at a loss, so i just threw it in what would be the offers
truffles: at what point is s.dice considered mainstream?
ThickAsTh: You know those reports that Dooglus posts daily on bitcointalk.com? Is there a way to generate some of that info on the fly?
pigeons: some point after bitcoin is
pigeons: ThickAsTh: its in the extras directory in bitcoin armory
ThickAsTh: I got that far, but I don't know jack about python
ThickAsTh: i installed it
truffles: well ppl dont understand how bitcoin works enough to just fool aroudn with so i dunno how thatll happen
jurov: gesell, why not?
ThickAsTh: and tried running the py, but it doesnt do anything
pigeons: ThickAsTh: python satoshiDiceStats.py
pigeons: it outputs a report
ThickAsTh: thanks pigeons, I'll try again
truffles: when is this utube expected to be completed with jcpham???
assbot: [HAVELOCK] [SDICE] 30 @ 0.62 = 18.6 BTC [+]
gesell: jurov: well i dont know. guess go for it
jurov: that depends if anyone makes me interesting offer
jurov: so far looks like aveyone is content waiting for mp
assbot: [MPEX] [S.MPOE] 39800 @ 0.00069998 = 27.8592 BTC [+]
evoorhees: No but I'm talking with a lawfirm to ensure things are handled properly, now that the site has grown to a significant operation
pigeons: mommy, why is that eskimo angry?
assbot: [BTCTC] [GSDPT] 952 @ 0.0056 = 5.3312 BTC [+]
gesell: evoorhees: do you see any other significant business in the market that could provide more s.dice like diversity of investment and activity?
evoorhees: gesell - hard to match s.dice today, but for sure over the next year there will be some amazing bitcoin companies that emerge
evoorhees: not sure if they'll list on the asset markets though
gigavps: EskimoBob_afk, you're funny
evoorhees: because any company that approaches the earning potential of S.dice might follow the traditional route of getting angel invesetment or VCs
evoorhees: s.dice was unique because it started tiny and grew without a requirement of capital
maximian: evoorhees: what if the law firm says that you have to collect info on your shareholders?
assbot: [BTCTC] [GSDPT] 1500 @ 0.0056 = 8.4 BTC [+]
maximian: would you take that advice seriously, or ignore it?
evoorhees: not sure
truffles: wrong answer
gigavps: EskimoBob_afk, if that was true, why are there so many Gigaminers claiming and getting paid?
gesell: bleh, the local bot that bitcoin-24 run on their exchange really is getting on my nerves (it ALWAYS up bids above you)
gigavps: fyi, over 2000 coins have been paid :P
maximian: that might be a concern for me, not sure
gigavps: so maybe you should shut the fuck up when you don't know what you are fucking talking about
truffles: a lil
jcpham: wham
jcpham: gigadtfu
truffles: but how else can we learn if we dont ask..
gigavps: no need to ask, i do what i say i'm going to do
gigavps: full stop
jurov: there so many Gigaminers claiming and getting laid?
ThickAsTh: shareholder identities for digital goods seems like like an off-the-mark desire
gigavps: lol
gigavps: over 50% of claims are from outside the US
gigavps: EskimoBob_afk, give it up
gigavps: you have nothing to troll about
jcpham: am i missing some class A trolling?
assbot: [MPEX] [S.MPOE] 343 @ 0.00068597 = 0.2353 BTC [-]
assbot: [MPEX] [S.MPOE] 1557 @ 0.00068596 = 1.068 BTC [-]
gigavps: EskimoBob_afk, i hope we meet someday
truffles: will there be a tape?
gigavps: kind of hard to steal coins when you are paying them back
assbot: [BTCTC] [GSDPT] 2548 @ 0.0056 = 14.2688 BTC [+]
assbot: [MPEX] [S.MPOE] 4700 @ 0.00069998 = 3.2899 BTC [+]
iz: DeaDTerra: what if someone else uses your number?
assbot: [HAVELOCK] [SDICE] 10 @ 0.659958 = 6.5996 BTC [+]
truffles: gigavps, whyd you steal from investors?
truffles: this is a lot to know, notary??
assbot: [BTCTC] [GSDPT] 5000 @ 0.0056 = 28 BTC [+]
truffles: which
assbot: [BTCTC] [COGNITIVE] 1 @ 0.33 BTC [+]
truffles: bitcointalk.org?
truffles: talking to people is instant though
truffles: i like windows
truffles: "Why are bitcointalk forum members so stupid?"
truffles: see im in the right place here
truffles: "Out of all the forums that I have frequented (and I've been on some seriously high volume forums), it is bitcointalk.org that has the dubious distinction of warehousing the largest number of what can only be described as "retards." "
gesell: has anyone really looked at the satcoin (SAT Solver for mining) writeup? could this actually extend GPU life a little for mining?
jurov: i skimmed it
gigavps: gesell, link?
gesell: http://jheusser.github.com/2013/02/03/satcoin.html
jurov: i doubt the algo is useful for gpus
jurov: the SHA1 formula is too big
ThickAsTh: Just saw Dooglus' report, great day for SDICE
gesell: jurov: i dont understand. why not? its applied to crypto as an alternative for bruteforce
truffles: nope threat title and 1st comment
ThickAsTh: I've seen much worse forums than bitcointalk.org
truffles: thread
jurov: gesell i thought to convert one round of SHA into BNF. got impression that it will be quite big
jurov: but didn't dug deeper
gesell: i guess i have reading to do
gesell: perhaps yu are rightr
jurov: and gpus need small dataset
assbot: [HAVELOCK] [SDICE] 20 @ 0.621 = 12.42 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.62 = 3.1 BTC [-]
assbot: [MPEX] [S.MPOE] 6100 @ 0.00069998 = 4.2699 BTC [+]
gesell: any chance mpex will be funding wallets before the s.dice drop?
jurov: still 8 hours left, i believe it will
Bugpowder: I hope not
gesell: bleh, waiting for my blockchain to sync. gah
Bugpowder: Sleep Sleep sweet popescu
jurov: omg
gesell: man, DPR should give him a continious supply to keep him awake at all times
kakobrekla: o some one wanna buy my cxBtc
Bugpowder: I am selling
jurov: lol, you're in it too?
kakobrekla: in what?
Bugpowder: 2 for 1
jurov: selling mpexbtc
Bugpowder: lol
Bugpowder: such a panic
kakobrekla: o this is a real sport now?
Bugpowder: for a 20% gain
Bugpowder: let's collude
jurov: what 20% you pay 1.2BTC for 1MPExBTC?
gesell: lol, theres no mention of the second s.dice drop on reddit. guess they are all just waiting to post complaints post 10pm
jurov: oh no reddit. the atmosphere is tense enough already :D
maximian: All this attention is ultimately good for s.dice
evoorhees: I think a lot of people were just caught off guard
evoorhees: and that is my fault
evoorhees: I should've announced it ahead of time
Bugpowder: YES
evoorhees: I'm talking with one of the most vocal critics now, and I think that would've gone a long way to making him feel fine about it
Bugpowder: Maybe you should sell 2MM
Bugpowder: that dude probably has like 5000 shares
Bugpowder: wanker
evoorhees: it's fine... he's talking to me now and no worries
jurov: but maximian has a point. outrageous moves on stock exchange are good for popularity :D
gigavps: evoorhees, i hope you aren't caught "off guard" when the US decides SDICE is no dice
gesell: so then sell them in blocks of 1k with each block N mBTC greater than the last, pump up the price to insanity :P
evoorhees: SDICE is not a US company, nor is it hosted in the US, nor does it use US currency
jurov: no. sell every 1k block at random price
evoorhees: though I know the US does wahtever it wants
maximian: evoorhees, you should move to Europe and change the domain to satoshidice.ie :)
gesell: if the US had DHS take down the name and you switched to namecoin, it'd be freaking AWESOME!
gesell: the domain name i mean
gigavps: evoorhees, exactly
evoorhees: hehehe
gigavps: if US residents play your game, you'll probably come under fire at some point
assbot: [HAVELOCK] [SDICE] 18 @ 0.62 = 11.16 BTC [-]
ThickAsTh: to me, it's the exchanges that deal in fiat that will get in trouble
maximian: the problem is, the DOJ destroys businesses first, asks questions later.
gesell: i wonder how the icelandish protection laws for journalism and data safehavens could be applied for gambling
ThickAsTh: they are the main point of laundering
assbot: [BTCTC] [RSM] 91 @ 0.011 = 1.001 BTC [+]
assbot: [HAVELOCK] [SDICE] 21 @ 0.62 = 13.02 BTC [-]
ThickAsTh: i'm amazed that converting $ to BTC is going on at all
evoorhees: what do you mean thickasth?
ThickAsTh: well the easiest charge
ThickAsTh: is laundering
gigavps: evoorhees, has sdice had any contact for any government regarding the lawfulness of it's operations
ThickAsTh: and that happens the moment fiat is taken and BTC is given
gigavps: s/for/from/
evoorhees: no
mjr__: he is trading fake stuff for other fake stuff in the eyes of anyone
mjr__: he never touches fiat
ThickAsTh: So, places like Dwolla can't last
mjr__: i personally don't see how the govt can say "not legal tender" and then at the same time say "you can't trade play money"
mjr__: so i think legally speaking he is quite safe
ThickAsTh: i think SDICE is pretty safe
ThickAsTh: only vbecause there are bigger, more guilty parties
mjr__: also i thought sdice was in ireland...am i way off?
ThickAsTh: "guilty"
evoorhees: sdice is in ireland
mjr__: i read an article where they explained how govt trying to crack down on bitcoin would make it even more successful
evoorhees: it is not a company
mjr__: streisand effect
ThickAsTh: Another thing the US could do is regulate where banks can send money
evoorhees: it does not have bank accounts
mjr__: they have and could
ThickAsTh: and stop banks from ACHing to bitcoin exchanges
Lyspooner: evoorhees, it seems like you went from bitcoin spokesperson to accidental millionaire. how do you want to be remembered?
Bugpowder: jurov, the random price idea is actually really good
mjr__: i want to buy some bitcoins locally in nyc
Bugpowder: it will hit the highest ask
Bugpowder: err bid
Bugpowder: and people must bid thier preferred price, with no guidance from the offering
Bugpowder: only from the other bids
Bugpowder: and their own sense
mjr__: just so you guys know
mjr__: have you not seen the startups who have raised seed rounds?
mjr__: coinbase being the most public example?
mjr__: those are some HUGE names attached to the financing of over a half a million USD
iz: how much did they raise?
mjr__: and i seriously doubt that those VC's and YCombinator would not at least think of legal ramifications
mjr__: 600k
topace_: !ticker h sdice
assbot: [HAVELOCK:SDICE] 1D: 0.52100000 / 0.62504313 / 0.76500000 (682 shares, 426.27941480 BTC), 7D: 0.52100000 / 0.71781239 / 0.89000000 (2529 shares, 1815.34753929 BTC), 30D: 0.44000000 / 0.61915127 / 0.89000000 (6188 shares, 3831.30805722 BTC)
mjr__: another one raised half a mil
mjr__: i think 2 actually raised half a mil each
mjr__: so business is starting to notice
mjr__: and coinbase's stated goal is to make it as easy as possible to transfer USD for BTC
mjr__: the revolution will not be televised lol
evoorhees: VC money is absolutely noticing bitcoin now
evoorhees: I promise
mjr__: yes i know
mjr__: i am hoping to meet with one later this week
mjr__: and have a couple of others who have expressed interest
evoorhees: nice
mjr__: in fact firstmark capital is in my office building
mjr__: lol
mjr__: hey neighbor, got a cup of sugar?
assbot: [BTCTC] [GSDPT] 1500 @ 0.0061 = 9.15 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.0066 BTC [+]
assbot: [BTCTC] [GSDPT] 1499 @ 0.0067 = 10.0433 BTC [+]
evoorhees: lol
SpNg: how does coinbase differ from say Mtgox? They are both BTC wallets with the ability to convert from fiat to BTC right?
mjr__: that is my point
mjr__: they try to sell ease of use
mjr__: better UI
mjr__: but they did not actually do anything new
mjr__: i think
mjr__: but that is my point
mjr__: it doesn't have to be crazy and new
jurov: evoorhees what do you say to these doublespends: http://blockchain.info/double-spends ?
assbot: [HAVELOCK] [SDICE] 10 @ 0.65 = 6.5 BTC [+]
evoorhees: jurov - I have a way to see how many doublespends are successful against SD
evoorhees: the number is small :)
mjr__: question jurov you run coinbr right?
jurov: ys
jurov: yes
mjr__: i was just curious, if you set a limit order, do you get best price?
assbot: [MPEX] [S.DICE] 200 @ 0.00677999 = 1.356 BTC [-]
mjr__: ie. let's say i put a limit order at 2...
mjr__: i wanna buy at 2 (example purposes)
mjr__: someone else posts at 1, do i get one?
jurov: yes you should. for 0.0055
mjr__: yay
jurov: (if we'e speaking about buy orders for sdice)
mjr__: ok cool, so if i put it between the bid and ask and evoorhees posts for under my bid i get price improvement...
mjr__: that is what i was just checking
jurov: yes
mjr__: awesome, localbitcoins better come through today
mjr__: lol
Bugpowder: no
jurov: but also someone other can sell to you for that higher price
jurov: before ipo
mjr__: yes they can
Bugpowder: you should get it at the price you bid
mjr__: if they choose to sell at my place
mjr__: no...
Bugpowder: during the IPO as well
Bugpowder: You have a bid
mjr__: limit is "an order to buy a certain amount of shares at a certain price or better"
mjr__: yes
Bugpowder: someone places an ask below yours, regardless of origin, you will get filled at your bid
mjr__: you cannot pay MORE than your bid
mjr__: no you won't
mjr__: first...that's not the way limit orders work
jurov: bugpowder, are you saying that evoorhees will send sell order at 0.0055 and ends up paying more cause of mjr__?
mjr__: second...jurov who runs the broker said i would get price improvement
Bugpowder: he will get more
Bugpowder: evoorhees will get more
Bugpowder: if the bid is higher than the price he posts
jurov: uh my head
Bugpowder: this is how it worked in S.BBET IPO
mjr__: no
Bugpowder: this is how it works in any trading system
mjr__: that is a silent auction
mjr__: oh my gosh
Bugpowder: You have a bid up
mjr__: http://www.investopedia.com/terms/l/limitorder.asp#axzz2K3IEUttG
mjr__: read
Bugpowder: dude
mjr__: that is how limit orders work
Bugpowder: DUDE
mjr__: it's called price improvement
mjr__: the only "limit" is how high you are willing to pay, you can think of it as saying "i will pay any price up to this price for this number of shares"
Bugpowder: mjr__ think about it a little harder
mjr__: i want to buy 500 shares at this price or better
Bugpowder: that only works if you are buying into EXISTING ask orders
mjr__: no
mjr__: in this situation it would also work
mjr__: unless evoorhees chooses to set certain shaers at different prices
Bugpowder: evoorhees will just be selling a LIMIT order into YOUR existing order
mjr__: which he won't
Bugpowder: the price improvement will work for him, not you
mjr__: he will release a block at a certain price
Bugpowder: Yes
Bugpowder: he will SELL a block
mjr__: yes
Bugpowder: by placing a limit sell order
Bugpowder: of shares he controls
mjr__: ok
mjr__: yes i know
Bugpowder: all existing bids will be filled at the bid price, highest first, on down to a limit of .0055
Bugpowder: watch
Bugpowder: at 10pm.
mjr__: hehehe
Bugpowder: this is why people currently have bids over .0055
mjr__: wait
Bugpowder: to ensure they get shares.
mjr__: ah ok
mjr__: if i was closer to the ask, i would get price improvement
Bugpowder: no
Bugpowder: if his ask existed
Bugpowder: BEFORE you place the order, you will get improvement
mjr__: hmnmm
mjr__: by the way did he announce the price is going to be .0055
mjr__: ?
Bugpowder: yes
maximian: maybe the bids will pile up high enough that 0.0055 isn't reached.
Bugpowder: its in a thread
Bugpowder: it is possible
Bugpowder: Should be fun!
maximian: yep
Bugpowder: S.BBET IPO was fucking insane
Bugpowder: a new block of 10,000 shares issued 1.03x every 1 second
jurov: yes. i'm just looking it up to be certain
jurov: for exaple before IPO there was buy order "Quantity":"54500", "Price":"55000"
jurov: and during IPO all the transactions went at price 55000 till the order wasn';t exhausted
jurov: so it should be clear now
assbot: [HAVELOCK] [SDICE] 20 @ 0.6499 = 12.998 BTC [-]
jurov: sry for confusion
jurov: :D
jurov: ;;seen smickles
gribble: smickles was last seen in #bitcoin-assets 1 day, 2 hours, 11 minutes, and 49 seconds ago: <smickles> i think i recall someone keeping a log
assbot: [HAVELOCK] [SDICE] 15 @ 0.65 = 9.75 BTC [+]
topace_: mircea_popescu: when will you be around to process deposits?
leotreasure: how many shares are in the SD 2nd tranche?
jurov: 1million
leotreasure: thanks jurov
gesell: based on first, 1m
gesell: yeah
gesell: im kind of resolving myself to the reality that i might not see any of it. oh well
leotreasure: i missed the 1st tranche cos i went to see Tim Berners-Lee
gesell: well, we all mess up sometimes ;)
Ukyo: leotreasure: : its gonna getcrazy
jurov: i hope i won't mess anything... it will be 4am here and i'll be a zombie
jurov: and i can't go sleep since coinbr users are pounding on the door already
jurov: if i credit them late there will be lynchmob or dunno
kakobrekla: cheap shares yesterday = all is wrong, less cheap shares today = all is swell!
evoorhees: hehehe
jurov: "
jurov: I know it takes 48hrs to post due to manual processing, etc ... but
jurov: > can you work with MPEX to speed it up?
jurov: "
jurov: sigh
gesell: yeah, let it roll off. who knows, maybe mircea_popescu will save you by just not waking up for the next 8 hours and then it can be all his fault ;)
evoorhees: by the way - I won't release the tranche until mircea has joined and cleared the funds
kakobrekla: awwww!
evoorhees: will people get mad at me for that also? :)
maximian: there's always something to be mad about :)
Bugpowder: yes
maximian: except on dividends day
Bugpowder: you should do it when you said you wold
Bugpowder: people should park their coins on mpex
Bugpowder: so they can be prepared
Bugpowder: like me
kakobrekla: ya.
evoorhees: a fair point
kakobrekla: prepared bought stuff yesterday.
kakobrekla: :)
jcpham: mircea told me he was taking everyones bittycoins
jcpham: he wanted me to tell you to have a nice day, though
Lyspooner: sweet, the best bitcoin asset is a casino
Lyspooner: great job erik
Lyspooner: not your fault i guess
Lyspooner: but sweet
Bugpowder: prepared was sleeping
kakobrekla: yes erik not your fault for being successuful, shit just happens.
assbot: [MPEX] [S.MPOE] 4321 @ 0.00069769 = 3.0147 BTC [-]
assbot: [MPEX] [S.MPOE] 6756 @ 0.00069744 = 4.7119 BTC [-]
Bugpowder: What is the bitcoin to Amazon coin exchange rate?
jcpham: the thing that just came out today?
jcpham: or amazon cash as in gift codes
jcpham: it's looking like -%10 Amazon for BTC right now otc
assbot: [HAVELOCK] [SDICE] 4 @ 0.69686969 = 2.7875 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.6969 = 6.969 BTC [+]
assbot: [HAVELOCK] [SDICE] 67 @ 0.7 = 46.9 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.7 = 2.1 BTC [+]
gesell: evoorhees: there's no right way to do anything. bravo for trying but i guess people will get mad at something somewhere
gesell: 10000 Amazon Coins are currently worth 1 Bitcoin Gem
Namworld: there's a new tranche coming up?
gesell: Namworld: go away :P
Namworld: Never!
gesell: go back to sleep
gesell: but yes, 1m shares at 10pm EST
Namworld: ok, I'll stick around
jurov: evoorhees: but it's fact that if you announced yest, you'll get much better price. you see what happens yourself.
assbot: [MPEX] [S.DICE] 200 @ 0.00677 = 1.354 BTC [-]
Namworld: Well his loss.
Namworld: The way I see it, it's just 5%. Gets him more BTC/USD aside. If SD keeps going like it is, he still got a large %. If it doesn't, he has money put aside.
Namworld: Although he said it might not be his shares
Namworld: Private investors and whatnot.
ThickAsTh: He'll get much better prices until market falls lower. Once we get to the 5th tranche itll be hard to sell at .0055
ThickAsTh: but itll be interesting to see how this all unfolds
Namworld: I am not sure it will be that hard. Plus next one should be higher still
jurov: have you seen http://blockchain.info/address/1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx ?
Namworld: Yes, lots of deposits
jurov: there's queued money for 2nd tranche already
jurov: fully
ThickAsTh: actually i can see why i'm wrong
ThickAsTh: the dividend promise is still high
Ukyo: and working on 3rd tranche
jurov: oh i actually meant "next 3 tranches are filled by these deposits"
jurov: or 2 at least
ThickAsTh: wow
mircea_popescu: ah hello everyone
jurov: ^^ imbodied innocence
Namworld: jurov, most of these funds were already there before the S.DICE planned slices
Namworld: They might be tied in options and whatnot
jurov: Namworld, click on the icon in in Final Balance row, right above "Donation Button"
jurov: and behold the spike in balance graph
Bugpowder: 10k
Bowjob: *yawn
Namworld: yeah, so?
assbot: [MPEX] [S.MPOE] 2764 @ 0.00069778 = 1.9287 BTC [+]
assbot: [MPEX] [S.MPOE] 7694 @ 0.00069744 = 5.3661 BTC [-]
assbot: [MPEX] [S.MPOE] 3950 @ 0.00069567 = 2.7479 BTC [-]
Ukyo: nam
Ukyo: since MP did the last deposit processing
error4733: hey btcland
Ukyo: there are now over 7,000 btc
Ukyo: waiting for deposit
assbot: [MPEX] [S.MPOE] 10000 @ 0.00069092 = 6.9092 BTC [-]
error4733: ready for tonight ? http://imgur.com/tCp90.gif
Bowjob: for the shares?
Bowjob: I felt so bad I so the shares went from 9k to 0
Bowjob: lol