log☇︎
▁▁▁▁▁▁▁▁⏐︎ 10666
jurov: the green hurts
assbot: [MPEX] [S.DICE] 1000 @ 0.00639999 = 6.4 BTC [-]
assbot: [MPEX] [S.DICE] 3300 @ 0.0064 = 21.12 BTC [+]
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 23.85001, Best ask: 23.89900, Bid-ask spread: 0.04899, Last trade: 23.85001, 24 hour volume: 53676.15792582, 24 hour low: 22.67000, 24 hour high: 23.99800, 24 hour vwap: 23.38993
mircea_popescu: ;;calc 23.38993 / 4
gribble: 5.8474825
assbot: [MPEX] [S.MPOE] 1709 @ 0.00063466 = 1.0846 BTC [+]
assbot: [MPEX] [S.MPOE] 4600 @ 0.00063534 = 2.9226 BTC [+]
assbot: [MPEX] [S.MPOE] 7671 @ 0.00063578 = 4.8771 BTC [+]
assbot: [MPEX] [S.MPOE] 4600 @ 0.00063701 = 2.9302 BTC [+]
assbot: [MPEX] [S.MPOE] 820 @ 0.00063737 = 0.5226 BTC [+]
assbot: [MPEX] [S.MPOE] 3441 @ 0.00062569 = 2.153 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 42 @ 0.0063 = 0.2646 BTC [+]
assbot: [MPEX] [S.MPOE] 1065 @ 0.00062569 = 0.6664 BTC [-]
assbot: [MPEX] [S.MPOE] 868 @ 0.00062314 = 0.5409 BTC [-]
Namworld: Still 4 BTC to be distributed on BTC-BOND, one per day, by the way
assbot: [MPEX] [S.MPOE] 9132 @ 0.00062314 = 5.6905 BTC [-]
assbot: [MPEX] [S.MPOE] 6168 @ 0.00062313 = 3.8435 BTC [-]
jurov: not just s.bbet. s.dice looks silly now, too
Bugpower: 2444444444
jurov: ;;ticker
gribble: BTCUSD ticker | Best bid: 23.81178, Best ask: 23.99894, Bid-ask spread: 0.18716, Last trade: 23.81178, 24 hour volume: 54088.59621120, 24 hour low: 22.67000, 24 hour high: 24.00000, 24 hour vwap: 23.39639
mircea_popescu: haha almost there.
mircea_popescu: and calls STILL Aren't selling much.
Bugpower: yeah
Bugpower: I gotta price mine over yours for a bit
assbot: [MPEX] [S.MPOE] 2382 @ 0.00062313 = 1.4843 BTC [-]
Bugpower: don't want to sellf
assbot: [BTCTC] [GSDPT] 1 @ 0.0064 BTC [+]
Namworld: Eventually, eventually. When I have the money
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.0063 BTC [+]
assbot: [MPEX] [S.MPOE] 6490 @ 0.00062163 = 4.0344 BTC [-]
jurov: i'd buy something like C200N but...0.43BTC?
Namworld: that expensive?
Namworld: ouchies
jurov: yes. needs btcusd to go over 35
mod6: well, forward months are usually a little more
jurov: *a little*
mod6: heheh
mircea_popescu: im sure it was cheaper two weeks ago, when the btcusd was still 15ish
Namworld: lol
jurov: point taken
error4733: 24
mod6: ;;ticker
gribble: BTCUSD ticker | Best bid: 23.98705, Best ask: 24.00000, Bid-ask spread: 0.01295, Last trade: 24.00000, 24 hour volume: 54422.54900535, 24 hour low: 22.67000, 24 hour high: 24.00000, 24 hour vwap: 23.40115
jurov: C300N turns profitable at btcusd=41.6 O.o
mircea_popescu: could happen till end of march ?
jurov: why C300N and C350N sell at the same price?
mod6: the curve flattens the more otm they are
Namworld: because there's a standard minimum price and so far out of market price...
Namworld: well they're all at minimum price
Namworld: if there was no minimum, C350N would be cheaper I guess
jurov: ;;calc 35/24
gribble: 1.45833333333
jurov: far? it's only 46% over current price
Namworld: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.04004, Best ask: 24.04281, Bid-ask spread: 0.00277, Last trade: 24.04004, 24 hour volume: 54796.84225547, 24 hour low: 22.67000, 24 hour high: 24.04004, 24 hour vwap: 23.40587
Namworld: BAM
Namworld: over 24
Namworld: We're still going strong
jurov: ;;asks 23.5
gribble: There are currently 0 bitcoins offered at or under 23.5 USD, worth 0.0 USD in total.
jurov: ;;asks 24.5
gribble: There are currently 4618.2439 bitcoins offered at or under 24.5 USD, worth 112289.956161 USD in total.
mircea_popescu: actually the calls out 6 weeks show LESS price variation than has happened the past 3 weeks
assbot: [MPEX] [S.MPOE] 1300 @ 0.0006192 = 0.805 BTC [-]
mircea_popescu: i'd say they're kinda cheap.
Lyspooner: why aren't you doing those things now
Bugpower: lol
Bugpower: lol
Bugpower: lol
Namworld: lol, how many you got PsychoticBoy?
jurov: haha... i consider half-retired since 29 (paid off my flat) and slowly getting there
Namworld: To stop everything at 35 per
jurov: it's better to retire gradually than abruptly
jurov: imho
Namworld: Well pirate was a bad idea
jurov: greedy?
jurov: um, still 2k ask wall at 24 at bitstamp.. anyone doing arb?
Namworld: I wish
Namworld: I got no convenient way to move fiat around
jurov: got an idea wrt bitstamp and am pestering Ukto with it.. we'll see. but he's busy now with other things
mircea_popescu: "And thanks for being pleasant, MPOE-PR."
mircea_popescu: what are my eyes reading
Bugpower: REDDDDD
Namworld: sarcasm?
mircea_popescu: this is failure on a colossal scale!
assbot: [MPEX] [S.MPOE] 6056 @ 0.0006192 = 3.7499 BTC [-]
assbot: [MPEX] [S.MPOE] 5094 @ 0.00061882 = 3.1523 BTC [-]
Anduck: mircea_popescu: i think he meant peasant
mircea_popescu: lol
assbot: [MPEX] [S.MPOE] 3256 @ 0.00061882 = 2.0149 BTC [-]
assbot: [MPEX] [S.MPOE] 8900 @ 0.00061876 = 5.507 BTC [-]
assbot: [MPEX] [S.MPOE] 8812 @ 0.00061863 = 5.4514 BTC [-]
Anduck: OR
Anduck: he meant pheasant
Anduck: there's a lot possibilities
mircea_popescu: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00606903 / 0.00635803 / 0.0064 (34996 shares, 222.51 BTC), 7D: 0.0042 / 0.00574395 / 0.007395 (4398275 shares, 25,263.48 BTC), 30D: 0.00085848 / 0.00554145 / 0.0075 (8548901 shares, 47,373.31 BTC)
assbot: [MPEX] [S.MPOE] 1000 @ 0.00061864 = 0.6186 BTC [+]
assbot: [MPEX] [S.MPOE] 1188 @ 0.00061863 = 0.7349 BTC [-]
assbot: [MPEX] [S.MPOE] 9200 @ 0.00061862 = 5.6913 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00062163 = 0.3108 BTC [+]
assbot: [MPEX] [S.MPOE] 6300 @ 0.00061862 = 3.8973 BTC [-]
assbot: [MPEX] [S.MPOE] 8122 @ 0.00062163 = 5.0489 BTC [+]
assbot: [MPEX] [S.MPOE] 3352 @ 0.00062399 = 2.0916 BTC [+]
assbot: [MPEX] [S.MPOE] 1150 @ 0.00061862 = 0.7114 BTC [-]
assbot: [MPEX] [S.MPOE] 9300 @ 0.00061858 = 5.7528 BTC [-]
assbot: [MPEX] [S.MPOE] 6679 @ 0.00061796 = 4.1274 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3498 BTC [+]
jurov: someone here sought for ripples? https://www.bitmit.net/en/item/15914-1000-xrp-ripples
mircea_popescu: is that a new bottom for bitmit ?
assbot: [BTCTC] [SYNERGY] 1 @ 0.1494 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.1495 BTC [+]
assbot: [BTCTC] [SYNERGY] 6 @ 0.1497 = 0.8982 BTC [+]
assbot: [BTCTC] [SYNERGY] 5 @ 0.1498 = 0.749 BTC [+]
assbot: [BTCTC] [SYNERGY] 8 @ 0.151 = 1.208 BTC [+]
assbot: [MPEX] [S.MPOE] 21000 @ 0.00063334 = 13.3001 BTC [+]
assbot: [MPEX] [S.MPOE] 800 @ 0.00063534 = 0.5083 BTC [+]
Namworld: It looks like no more bids on ASICMINER going to happen
Bugpower: yah no shit
Bugpower: shoulda taken the deal
Bugpower: before market flooded
Namworld: ?
Bugpower: are people still going to pay 0.41?
Namworld: Well I already got the bids
Namworld: There's a reason the forum doesn't allow post deletion
Bugpower: do you think they will honor them now that there are 1000s of shares on market?
Namworld: All the shares on the market request 0.30 minimum...
Namworld: It was my actual reserve =/
Namworld: Seems no one wants to sell under .3
Bugpower: it was a good idea to sell
Namworld: idk, maybe
Namworld: If friedcat keeps spamming more and more ASICs, could generate a lot in mining
Namworld: Although the profit from ASIC sales seems like the sweet deal.
Namworld: I'd like to have an idea of the power consumption and the cost to them to make boards
assbot: [HAVELOCK] [KCIM] 1 @ 0.925 BTC [-]
assbot: [MPEX] [O.BTCUSD.C230T] 915 @ 0.15315884 = 140.1403 BTC
assbot: [MPEX] [S.MPOE] 2850 @ 0.00063379 = 1.8063 BTC [-]
Bugpower: well
Bugpower: there go some calls
assbot: [MPEX] [S.MPOE] 10722 @ 0.00061922 = 6.6393 BTC [-]
mircea_popescu: it can happen!
Namworld: you bought or sold?
assbot: [BTCTC] [RSM] 50 @ 0.0099 = 0.495 BTC [+]
Namworld: By the look of it, it was an ask
assbot: [MPEX] [S.MPOE] 11750 @ 0.00063379 = 7.447 BTC [+]
assbot: [MPEX] [S.MPOE] 1550 @ 0.00063534 = 0.9848 BTC [+]
Bugpower: someone hit MPs ask
Namworld: not yours then
Bugpower: nope I am only buying into this shit
Bugpower: IV is huge right now
assbot: [MPEX] [S.MPOE] 15740 @ 0.00063534 = 10.0003 BTC [+]
Bowjob: So, is it worth getting mpex if you only have around 100 BTC to play around?
Namworld: To me it's always worth it. Later, it will only cost more.
Bowjob: The only thing I understand are the stocks, still clueless about options
Bugpower: I think ~300BTC
mircea_popescu: Bowjob in general after a few k worth of total trade it's worth it
Bowjob: ah
error4733: minus 5 btc or 10 if your referer is kind
Bugpower: options straddle at 24 looks kinda juicy right now
Bugpower: Also
mircea_popescu: if you can do the sort of magic shit Bugpower does and extract 100% out of your btc in six weeks
Bugpower: you may have more BTC in the future
Bugpower: just wait
mircea_popescu: then putting in 60 btc means you'll be whole by spring.
Bugpower: till this OpEX
Bugpower: :)
mircea_popescu: hehehe
Bowjob: yeah, I'm aware an mpex account could exceed the cost of a nyse seat
Bowjob: ^
mircea_popescu: Bugpower ya, haven't seen the ponzigraph in a while
Bowjob: Bug we started with the same capital.. what sort of voodoo are you doing?
Bugpower: Luck
mircea_popescu: he is stealing from the common man.
Bugpower: I was lucky to buy in at 2.65
Bowjob: I'd get slaughtered right now if I jump in right now
Bugpower: I was lucky to buy a shitload of calls before last opex
Bugpower: then reverse postion at the top
Bowjob: and that could backfire miserably, right?
Bugpower: and I was REALLY lucky to buy calls when it was at 17 today
Bugpower: not today
Bugpower: early this month
Bugpower: and i was STUPID to get partially flushed out on a brief dump on Monday?
Bugpower: so ponzi power is not where I would like it to be.
mircea_popescu: so how much are you ahead ?
Bowjob: a call is like a guarantee to buy bitcoins at a specific price, you just gotta pay a premium for that guarantee right?
Bugpower: from cost basis?
mircea_popescu: sure.
Bugpower: From Dec 2011, up around 3000% USD
mircea_popescu: jolly.
mircea_popescu: dare i ask if early or late dec ?
Bugpower: they said it was for early adopters only
mircea_popescu: Bowjob pretty much
Bugpower: let me check
Bugpower: Nov 29th
Bowjob: I told my boss about bitcoin when they reached 31 USD
Bowjob: we all know what happened there, good thing he didnt ask me the following days after
mircea_popescu: >D
Bowjob: *then
Bowjob: I thought it was done for. then months later, I saw it at 10 dollars, then 11, then 12
Bowjob: I got some at 13.29, then it's all gravy train all the way to 24
Bugpower: when it hit $2 I knew it was time to buy
Bugpower: I was lucky I didn't buy in the first bubble
mircea_popescu: i think bitcoin pretty much is divided among they who loaded up under 4 and they who did not.
Bugpower: wanted to buy at $7 on the first bubble
mircea_popescu: Bugpower i bought my first batch, 60 bitcoins, at 16 each.
Bowjob: heck when I logged in on my mt gox, I saw orders at 2 dollars
Bugpower: but never got around to it
jurov: lol i loaded at 5
mircea_popescu: recently, that went into green. took like 16 months.
mircea_popescu: i happen to not care that going from 16 to 24 took 16 months
mircea_popescu: jurov thus you fail. sorry!
jurov: :P
jurov: but i think mpex ipo participation got me back into game :DDD
mircea_popescu: ehehe im sure it did, that.
mircea_popescu: probably best investment in history of btc, esp for the people who got the shares at 2k satoshi
Namworld: I'll take some of that
Namworld: I keep hearing about interesting stuff late xP
mircea_popescu: lol
assbot: [MPEX] [S.MPOE] 7010 @ 0.00063534 = 4.4537 BTC [+]
assbot: [MPEX] [S.MPOE] 13890 @ 0.0006354 = 8.8257 BTC [+]
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.0212 BTC [-]
jurov: i just paid puny 1.55 btc for wordpress templates for quite sizable website
jurov: realized how much it's wort now
jurov: *worth
BitHub: i hope it wasn't wordpress.com?
jurov: no, i ended up doing a site for nonprofit
Bowjob: someone's asking for a 1000 BTC 'loan' with the title "Impossible to pay you back"
jurov: and wamnted to use something mainstream so that any monkey can take it over
mircea_popescu: Bowjob let me guess, btcjam ?
Bowjob: Nope, bitcointalk
mircea_popescu: not hyp enough for btcjam yet.
Bowjob: I'm not sure if trolling, or serious or stupid or both
Bowjob: erm, all three
Bowjob: lol
mircea_popescu: troth
mircea_popescu: totally. i can see it
mircea_popescu: "not sure if stupid, trolling, intoxicated or troth"
error4733: he can provide bisness plan for serious enquiries
assbot: [BTCTC] [GSDPT] 2 @ 0.0064 = 0.0128 BTC [+]
error4733: f** my english haha
jurov: error4733, but you imitated that style nicely
Bowjob: no business plans provided. it's the same dude who asked for 1200 BTC loan, then 350-400 BTC, then 1000 BTC.. oh and it's the same guy who called in 23.99 as the top for 2013
Bowjob: I offered him the opportunity to short the coins, but declined.
BitHub: error4733 what is it?
error4733: i'm not serious so idk
jurov: ;;ticker
gribble: BTCUSD ticker | Best bid: 23.91002, Best ask: 23.99997, Bid-ask spread: 0.08995, Last trade: 23.99998, 24 hour volume: 56718.38842089, 24 hour low: 22.67000, 24 hour high: 24.11000, 24 hour vwap: 23.42452
Namworld: You know, the thread title might have been changed by a moderator... I could easily see that happening
assbot: [BTCTC] [BTC-BOND] 3 @ 0.01 = 0.03 BTC [+]
assbot: [MPEX] [S.MPOE] 7750 @ 0.00063207 = 4.8985 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.0063 = 0.0126 BTC [+]
mircea_popescu: aite well, take it ezzy all.
assbot: [MPEX] [S.MPOE] 5829 @ 0.00062818 = 3.6617 BTC [-]
assbot: [MPEX] [S.MPOE] 568 @ 0.00063224 = 0.3591 BTC [+]
assbot: [MPEX] [S.MPOE] 30394 @ 0.00063224 = 19.2163 BTC [+]
assbot: [MPEX] [S.MPOE] 8450 @ 0.0006345 = 5.3615 BTC [+]
assbot: [MPEX] [S.MPOE] 6610 @ 0.00063676 = 4.209 BTC [+]
assbot: [MPEX] [S.MPOE] 6950 @ 0.0006369 = 4.4265 BTC [+]
assbot: [MPEX] [S.MPOE] 4609 @ 0.00063737 = 2.9376 BTC [+]
assbot: [MPEX] [S.MPOE] 8200 @ 0.00062734 = 5.1442 BTC [-]
mircea_popescu: ;;later tell evoorhees https://bitcointalk.org/index.php?topic=142395.msg1518588 that sounds like its worth looking into
gribble: The operation succeeded.
assbot: [MPEX] [S.MPOE] 2150 @ 0.00062734 = 1.3488 BTC [-]
assbot: [MPEX] [S.MPOE] 9177 @ 0.00062729 = 5.7566 BTC [-]
assbot: [MPEX] [S.MPOE] 13421 @ 0.00063737 = 8.5541 BTC [+]
assbot: [MPEX] [S.MPOE] 3179 @ 0.00063801 = 2.0282 BTC [+]
assbot: [MPEX] [S.MPOE] 1271 @ 0.00063801 = 0.8109 BTC [+]
assbot: [MPEX] [S.MPOE] 10979 @ 0.00063804 = 7.005 BTC [+]
jurov: ;;bc,tslb
assbot: [MPEX] [S.MPOE] 2284 @ 0.00063804 = 1.4573 BTC [+]
gribble: Time since last block: 50 minutes and 6 seconds
assbot: [MPEX] [S.MPOE] 8366 @ 0.00063884 = 5.3445 BTC [+]
BitHub: anybody personally selling any assets?
BitHub: shares into asic rigs? avalons etc
jurov: BitHub, aren't you interested in difficulty futures perhaps?
leotreasure: jurov: how do you buy difficulty futures?
jurov: i mostly issue them :)
leotreasure: cool! i should get some
jurov: https://bitfunder.com/asset/CoinBr.iDiff-E
jurov: https://bitfunder.com/asset/CoinBr.iDiff-O
BitHub: can you explain what they are a bit more?
BitHub: sorry to be n00b
jurov: 1. you buy them on whatever price they're offered
jurov: 2. expiration date comes, it will be liquidated and you'll get back current difficulty in satoshi
jurov: so if it goes up to 4 million, you'll get 0.04 BTC/share
jurov: also shorting is posible if you expect difficulty to stagnate/go down
BitHub: where can i check the difficulty rating in real time?
jurov: http://bitcoincharts.com/bitcoin/
jurov: ;;bc,diff
gribble: 3275464.5865656
jurov: ^ also
BitHub: ahh
mircea_popescu: http://www.palookavillepost.com/2013/02/09/accused-gunman-christopher-dorner-issues-statement-its-not-me/
mircea_popescu: that's pretty sweet.
mircea_popescu: BitHub i think namworld was selling asicminer shares
mircea_popescu: but on auction
assbot: [MPEX] [S.MPOE] 20650 @ 0.00063604 = 13.1342 BTC [-]
BitHub: i purchased some, got no idea if i own them or not tho
jurov: what do you mean?
jurov: it's more a contract, than something you own.
jurov: the contract says i promise to pay you according to diffculty on a set date
BitHub: sorry that was directed at mircea
jurov: ok :)
BitHub: so its like a bet? if you don't make that date you get nothing?
leotreasure: jurov what does the O and E mean?
jurov: -O odd months, -E even months settlement
jurov: so after -E expires, i'll create new one for april with the same name
assbot: [MPEX] [S.MPOE] 2500 @ 0.00063349 = 1.5837 BTC [-]
BitHub: would you buy some futures leo?
leotreasure: i think so
leotreasure: probably next months
jurov: well, buy them only if you believe in asics
mircea_popescu: BitHub sorry, purchased what ?
leotreasure: i do believe in asics
jurov: i'm selling them, nuff said
leotreasure: i wear their socks and shoes too
jurov: you're welcome ;)
leotreasure: also
BitHub: asicminer shares
assbot: [MPEX] [O.BTCUSD.C170T] 3 @ 0.33832578 = 1.015 BTC [+]
mircea_popescu: BitHub the ownership of asicminer shares is a little iffy, because there's no exchange/clearinghouse atm
mircea_popescu: if indeed their own system is ever deployed, and if indeed it actually works as expected, you probably have something
BitHub: probably
BitHub: or just got scammed
mircea_popescu: i dunno what they're thinking, but anyway.
jurov: i advise against it, based on their not exactly stellar performance with managing bitvps asset
mjr__: ;;bc,24hprc
gribble: 23.56
jurov: !ticker btct bitvps
leotreasure: http://leotreasure.com/asics1.jpg http://leotreasure.com/asics2.jpg
assbot: [BTCT:BITVPS] 1D: -- / -- / -- (0 shares, 0 BTC), 7D: -- / 0.0 / -- (0 shares, 0 BTC), 30D: -- / 0.0 / -- (0 shares, 0 BTC)
jurov: ^ nice
assbot: [MPEX] [S.DICE] 312 @ 0.00635294 = 1.9821 BTC [+]
mjr__: hi all
mircea_popescu: lol zeitgeist
jurov: 'ello
mircea_popescu: lmao bitcointalk noobs bitching at assbot's name
mircea_popescu: how can these people be so boring and live ?
jurov: lol leo
leotreasure: :)
leotreasure: they're coming march or april
BitHub: haha it's leotreasure's asic store
mjr__: so, i got the call with $17 strike expiring this month
leotreasure: nice
mjr__: from what i've calculated going off the 24 hour volume-weighted cross-exchange ratio, that i am in the money above 24.97095538, is that true?
mjr__: i paid 0.33832578
mjr__: just checking my math
jurov: ;;calc (24.971-17)/24.971
gribble: 0.319210283929
mircea_popescu: ;;calc 6/20
gribble: 0.3
mircea_popescu: ;;calc 7/20
gribble: 0.35
mircea_popescu: ya somewhere between 23 and 24 you're itm
mircea_popescu: ow shit my bad
mjr__: ;;bc,24hprc
gribble: 23.56
mircea_popescu: jurov is right
mjr__: by the way, Jurov, coinbr has worked awesome, i have not had one problem so far
mjr__: which is more than i can say for coinbase
jurov: glad to hear!
mircea_popescu: maybe it/s time someone seeds jurov then
jurov: ;;calc 17/(1-0.33)
gribble: 25.3731343284
mjr__: yeah, i agree
jurov: ^ your break even point
jurov: ;;calc 17/(1-0.3383)
gribble: 25.691400937
jurov: more precisely
mircea_popescu: mjr_ eyah, save that formula somewhere. strike - (1 / what you paid) = break even point
mjr__: ah, you use the current trading price instead of the 24 hour cross-exchange average?
mircea_popescu: no, mpoe settles on the 24 hour vwap
mjr__: ;;bc,24hprc
gribble: 23.56
jurov: anyway, looks like i'm going to be fully self-sufficient capital-wise, no need for seeding
mjr__: is that the vwap?
jurov: i'm rather on lookout for people who can get things done and can develop/manage non-core areas such as charts
mircea_popescu: http://polimedia.us/dtng/c/src/136058158521.jpg speraking of professional
mircea_popescu: mjr_ yes indeed it is.
mjr__: so...just to see if i understand this right...
mjr__: what i paid is (0.33832578*23.56) + the strike of 17 = 24.97095538
mircea_popescu: nah.
mircea_popescu: o you mean in dollars ?
mjr__: yes
mircea_popescu: or what do you mean
mircea_popescu: in dollars you paid 0.33832578 * whatever price was then
mjr__: ah ok
mircea_popescu: cause you did pay then
mjr__: that is why it is a little higher than that number
mircea_popescu: so yes, if you do fiat accoubnting your breakeven is much lower than if you do btc accounting
mjr__: it's fine either way
mircea_popescu: say you buy calls strike 10 when btc is 20 for .7
mircea_popescu: cost you 200 dollars
mircea_popescu: if btc goes to 25
mjr__: either way, i just want to be able to watch the price climb without being mad that i can't get in till friday
mircea_popescu: hehe yeah. alternatively you can sell puts
mircea_popescu: that's much higher risk
mjr__: true, but no capital for collateral
mjr__: and yeah, i like calls
mjr__: once i have a large position, i may think about buying puts
mircea_popescu: calls are like, high chance of low loss, small chance of huge win
assbot: [MPEX] [S.MPOE] 450 @ 0.00063349 = 0.2851 BTC [-]
mircea_popescu: short puts are like, equal chances of win/loss
mjr__: yes exactly
mircea_popescu: hey, the pope is resigning
mjr__: i like small definite cost, big (unlimited) payoff
mjr__: and also, psychologically, i will now be happy if they shoot up to $30
mircea_popescu: or 50 lol
mjr__: yeah true
mjr__: frustrating to not be able to get cash in there already
mjr__: speaking of which
mjr__: what do you think of camp bx?
mjr__: had horrible experience buying through coinbase, i just got the 1 btc i ordered on feb 2nd today
mjr__: good online wallet, bad exchange so far as i can see
assbot: [MPEX] [S.MPOE] 8584 @ 0.00063884 = 5.4838 BTC [+]
assbot: [MPEX] [S.MPOE] 6700 @ 0.00063899 = 4.2812 BTC [+]
assbot: [MPEX] [S.MPOE] 9416 @ 0.00063973 = 6.0237 BTC [+]
mircea_popescu: mjr_ you might try bitcoin-central
mircea_popescu: a wait, you're in the us huh ?
assbot: [MPEX] [S.MPOE] 500 @ 0.00063973 = 0.3199 BTC [+]
mjr__: yeah
mjr__: it sucks
mjr__: i will try bitcoin local first, or maybe reach out to some friends in nyc
mjr__: i can't deal with the huge wait times
mircea_popescu: not being in the sepa zone is pretty sucky.
mircea_popescu: yurpeans get same day service with the frenchie folks.
mjr__: yeah
mjr__: coinbase takes 4 days i think
mjr__: for the transfer to go through
mjr__: bitfloor is supposed to have like same day transfer from online banking
mjr__: since they have an ING direct checking, if you have one, you can move money to their account same day
mjr__: the last assbot message was my order going through :)
mircea_popescu: hehe cool.
jurov: mjr_ why so rushed? yo could have placed limit order at lower price
assbot: [MPEX] [S.DICE] 50 @ 0.00635294 = 0.3176 BTC [+]
jurov: that way i bought 40BTC worth of s.mpoe below 0.00062 this night
assbot: [MPEX] [S.MPOE] 9234 @ 0.00063973 = 5.9073 BTC [+]
assbot: [MPEX] [S.MPOE] 1866 @ 0.00064045 = 1.1951 BTC [+]
mjr__: options expire almost a week before month end this month
jurov: well, it's last friday midnight
jurov: not exactly the brightest idea , if you ask me
jurov: i think mp recognized that and set diff futures expiration in the middle of week instead
assbot: [MPEX] [S.MPOE] 10234 @ 0.00064045 = 6.5544 BTC [+]
assbot: [MPEX] [S.MPOE] 4516 @ 0.00064071 = 2.8934 BTC [+]
jurov: lunch, brb
assbot: [MPEX] [S.MPOE] 6950 @ 0.00064071 = 4.4529 BTC [+]
mjr__: yeah i could have done limits
mjr__: and i plan on it
mjr__: but i figured i'd just get in
mjr__: i can't wait for the end of this month
mjr__: see how dividends go, and hopefully options are good
mjr__: so no one has used camp bx? they have a pretty cool platform
mjr__: allow hidden orders, dark pool
assbot: [MPEX] [S.MPOE] 4534 @ 0.00064071 = 2.905 BTC [+]
Bowjob: anyone wanna play street fighter iv for bitcoins'
assbot: [MPEX] [S.MPOE] 2167 @ 0.00064071 = 1.3884 BTC [+]
BitHub: street fighter :)
assbot: [BTCTC] [RSM] 1 @ 0.0099 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.002 BTC [+]
assbot: [MPEX] [S.MPOE] 1099 @ 0.00064071 = 0.7041 BTC [+]
assbot: [MPEX] [S.MPOE] 13101 @ 0.00063861 = 8.3664 BTC [-]
assbot: [MPEX] [S.MPOE] 6348 @ 0.00063861 = 4.0539 BTC [-]
assbot: [MPEX] [S.MPOE] 11901 @ 0.00063861 = 7.6001 BTC [-]
knotwork: If you are pretty confident bitcoins are just going to generally keep going up and up, are options of much use, or are they generally mostly useful if you are uncertain thus want to hedge against your uncertainty?
assbot: [MPEX] [S.MPOE] 1140 @ 0.00063775 = 0.727 BTC [-]
assbot: [MPEX] [S.DICE] 700 @ 0.00628703 = 4.4009 BTC [-]
assbot: [MPEX] [S.DICE] 8250 @ 0.00623001 = 51.3976 BTC [-]
assbot: [MPEX] [S.DICE] 1589 @ 0.00623 = 9.8995 BTC [-]
assbot: [MPEX] [S.DICE] 1989 @ 0.00621542 = 12.3625 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.00610083 = 3.0504 BTC [-]
assbot: [MPEX] [S.DICE] 2300 @ 0.00610082 = 14.0319 BTC [-]
assbot: [MPEX] [S.DICE] 1050 @ 0.0060723 = 6.3759 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.006 = 12 BTC [-]
jurov: snow and frost here too...but also full sunshine :D
assbot: [MPEX] [S.MPOE] 4600 @ 0.00063825 = 2.936 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.00580003 = 0.58 BTC [-]
assbot: [MPEX] [S.DICE] 15481 @ 0.0058 = 89.7898 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00570008 = 5.7001 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00556183 = 5.5618 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00063825 = 0.8297 BTC [+]
assbot: [MPEX] [S.MPOE] 19460 @ 0.00063775 = 12.4106 BTC [-]
BitHub: nice eskimo, do you have a handicap or just play for fun?
Bowjob: bithub wanna play sfiv
Bowjob: i have the best blanka around!
BitHub: nice
BitHub: hoping to buy some custom fitted clubs this year
Chaang-Noi: lol at pope, i did not even know they could quit
assbot: [MPEX] [S.MPOE] 5190 @ 0.00063332 = 3.2869 BTC [-]
assbot: [MPEX] [S.MPOE] 360 @ 0.00063615 = 0.229 BTC [+]
truffles: mustve screwed the wrong nun
BitHub: yeah?
BitHub: was thinking to get ping irons
BitHub: haven't heard of blades, sounds good tho haha
assbot: [MPEX] [S.MPOE] 7098 @ 0.00063615 = 4.5154 BTC [+]
assbot: [MPEX] [S.MPOE] 7622 @ 0.00063615 = 4.8487 BTC [+]
BitHub: haha, pass
BitHub: its like playing with a 1iron every shot
Chaang-Noi: ;;market buy 25000
gribble: A market order to buy 25000 bitcoins right now would take 673080.6320 USD and would take the last price up to 31.3000 USD, resulting in an average price of 26.9232 USD/BTC.
Chaang-Noi: we were active until the SEC made it clear they were doing their thing
Chaang-Noi: and when i say we i mean myself and my lawyers, no one else wanted to join in.
Chaang-Noi: they waited for pirated to pay, and then either gave up or joined the SEC
Chaang-Noi: ;;market buy 100000
gribble: This order would exceed the size of the order book. You would buy 69622.631 bitcoins, for a total of 16223006162626.1738 USD and take the price to 13370133701337.0000.
Chaang-Noi: wow, not even 100k for sale.
assbot: [MPEX] [S.MPOE] 13700 @ 0.00063306 = 8.6729 BTC [-]
assbot: [MPEX] [S.MPOE] 5700 @ 0.00063615 = 3.6261 BTC [+]
jurov: everyone is harping about mtgox... meanwhile on bitstamp there are btc to be had at 23.70 still
assbot: [MPEX] [S.MPOE] 6720 @ 0.00063615 = 4.2749 BTC [+]
assbot: [MPEX] [S.MPOE] 6580 @ 0.0006368 = 4.1901 BTC [+]
kakobreklaa: i just sent a few k eurs to stamp :p
kakobreklaa: should be there in a few hours
jurov: yup
kakobreklaa: no circus
jurov: EskimoBob, i usually get euros on next day, too
jurov: yes
Chaang-Noi: im not sure why you bothered with mt gox lol
jurov: lol i'm raving about it like 5th time around here
Chaang-Noi: you must enjoy pain:)
assbot: [MPEX] [S.MPOE] 9636 @ 0.0006368 = 6.1362 BTC [+]
kakobreklaa: slovenia will grow larger!
kakobreklaa: y sad face
kakobreklaa: cause?
kakobreklaa: right.
kakobreklaa: you have no clue :)
kakobreklaa: https://bitcointalk.org/index.php?topic=141638.0
kakobreklaa: ah nvm this is old
kakobreklaa: apparently new to me
assbot: [MPEX] [S.MPOE] 22000 @ 0.0006368 = 14.0096 BTC [+]
assbot: [MPEX] [S.MPOE] 5563 @ 0.0006368 = 3.5425 BTC [+]
assbot: [MPEX] [S.MPOE] 3984 @ 0.00063306 = 2.5221 BTC [-]
assbot: [MPEX] [S.MPOE] 4116 @ 0.00063301 = 2.6055 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 100 @ 0.0007 = 0.07 BTC
assbot: [MPEX] [S.MPOE] 4050 @ 0.0006368 = 2.579 BTC [+]
jurov: lol bitcoiners got so used to services abruptly ceasing operation
jurov: i got trivial password reset inquiry email, ended with "Hope you are still up and running."
assbot: [MPEX] [S.MPOE] 8284 @ 0.00063301 = 5.2439 BTC [-]
assbot: [MPEX] [S.MPOE] 5616 @ 0.00063186 = 3.5485 BTC [-]
Chaang-Noi: jurov its crazy like that though
assbot: [MPEX] [S.MPOE] 11121 @ 0.0006368 = 7.0819 BTC [+]
assbot: [MPEX] [S.MPOE] 17100 @ 0.00063807 = 10.911 BTC [+]
assbot: [MPEX] [S.MPOE] 2150 @ 0.00064072 = 1.3775 BTC [+]
assbot: [MPEX] [S.MPOE] 2500 @ 0.00064094 = 1.6024 BTC [+]
assbot: [MPEX] [S.MPOE] 6676 @ 0.00064173 = 4.2842 BTC [+]
assbot: [MPEX] [S.MPOE] 29700 @ 0.000642 = 19.0674 BTC [+]
assbot: [MPEX] [S.MPOE] 10474 @ 0.00064285 = 6.7332 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+]
assbot: [MPEX] [S.MPOE] 14250 @ 0.0006373 = 9.0815 BTC [-]
Bugpowder: BREAKING NEWS - http://abcnews.go.com/Health/florida-couple-addicted-coffee-enemas/story?id=18433235
assbot: [MPEX] [S.MPOE] 426 @ 0.00064285 = 0.2739 BTC [+]
assbot: [MPEX] [S.MPOE] 5131 @ 0.00064304 = 3.2994 BTC [+]
assbot: [MPEX] [S.MPOE] 4050 @ 0.00064307 = 2.6044 BTC [+]
assbot: [MPEX] [S.MPOE] 4893 @ 0.00064364 = 3.1493 BTC [+]
ThickAsThieves: so it's like yuppie meth?
ThickAsThieves: people...
Bugpowder: ;;asks 25
gribble: There are currently 10748.003 bitcoins offered at or under 25.0 USD, worth 265154.999149 USD in total.
assbot: [MPEX] [S.MPOE] 12700 @ 0.0006373 = 8.0937 BTC [-]
jcpham: ;;slap Chaang-Noi
abracadabra: not a sweet double babboon?
Chaang-Noi: lol, what was that for! :)
abracadabra: don't mind jcpham, that's just his way of saying hello
Chaang-Noi: :)
jcpham: yes i was saying hello
Chaang-Noi: hello all!
assbot: [MPEX] [S.MPOE] 16000 @ 0.00063909 = 10.2254 BTC [+]
Chaang-Noi: sadly it is my bed time so i must say good night:)
jcpham: buh bye
assbot: [MPEX] [S.MPOE] 3210 @ 0.00063909 = 2.0515 BTC [+]
assbot: [MPEX] [S.MPOE] 7004 @ 0.00063949 = 4.479 BTC [+]
Chaang-Noi: bye jcpham
mod6: http://www.zerohedge.com/news/2013-02-11/too-much-european-integration-romanian-donkey-meat-uk-beef-burgers
mod6: lol
assbot: [MPEX] [S.MPOE] 20050 @ 0.0006438 = 12.9082 BTC [+]
assbot: [MPEX] [S.MPOE] 7050 @ 0.0006438 = 4.5388 BTC [+]
assbot: [MPEX] [S.MPOE] 9450 @ 0.0006441 = 6.0867 BTC [+]
assbot: [MPEX] [S.MPOE] 17700 @ 0.00064313 = 11.3834 BTC [-]
assbot: [MPEX] [S.MPOE] 5400 @ 0.00064313 = 3.4729 BTC [-]
assbot: [MPEX] [S.MPOE] 11600 @ 0.0006441 = 7.4716 BTC [+]
assbot: [MPEX] [S.MPOE] 2600 @ 0.0006441 = 1.6747 BTC [+]
assbot: [MPEX] [S.MPOE] 9986 @ 0.00064445 = 6.4355 BTC [+]
DeadWeasel: ;;asks 24
gribble: There are currently 896.14344 bitcoins offered at or under 24.0 USD, worth 21450.3202049 USD in total.
DeadWeasel: ;;bids 23.9
gribble: There are currently 1.9573856 bitcoins demanded at or over 23.9 USD, worth 46.7875594469 USD in total.
DeadWeasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 23.88490, Best ask: 23.91835, Bid-ask spread: 0.03345, Last trade: 23.91835, 24 hour volume: 30876.24546559, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.87169
assbot: [MPEX] [S.MPOE] 514 @ 0.00064445 = 0.3312 BTC [+]
assbot: [MPEX] [S.MPOE] 5200 @ 0.0006446 = 3.3519 BTC [+]
assbot: [MPEX] [S.MPOE] 3154 @ 0.00064485 = 2.0339 BTC [+]
ThickAsThieves: I wonder at what BTC value people start complaining about wallet-to-wallet transaction fees
assbot: [MPEX] [S.MPOE] 9106 @ 0.00064313 = 5.8563 BTC [-]
assbot: [MPEX] [S.MPOE] 17712 @ 0.00064351 = 11.3978 BTC [+]
assbot: [MPEX] [S.MPOE] 5983 @ 0.0006451 = 3.8596 BTC [+]
assbot: [MPEX] [S.MPOE] 5150 @ 0.00064526 = 3.3231 BTC [+]
assbot: [MPEX] [S.MPOE] 22721 @ 0.00064544 = 14.665 BTC [+]
assbot: [MPEX] [S.MPOE] 16586 @ 0.00064556 = 10.7073 BTC [+]
assbot: [MPEX] [S.MPOE] 5987 @ 0.00064581 = 3.8665 BTC [+]
assbot: [MPEX] [S.MPOE] 22713 @ 0.00064621 = 14.6774 BTC [+]
assbot: [MPEX] [S.MPOE] 8936 @ 0.00064662 = 5.7782 BTC [+]
assbot: [MPEX] [S.MPOE] 14784 @ 0.00064698 = 9.565 BTC [+]
assbot: [MPEX] [S.MPOE] 6324 @ 0.00064708 = 4.0921 BTC [+]
assbot: [MPEX] [S.MPOE] 6300 @ 0.00064721 = 4.0774 BTC [+]
assbot: [MPEX] [S.MPOE] 30450 @ 0.00064784 = 19.7267 BTC [+]
assbot: [MPEX] [S.MPOE] 52462 @ 0.0006479 = 33.9901 BTC [+]
assbot: [MPEX] [S.MPOE] 4180 @ 0.0006479 = 2.7082 BTC [+]
assbot: [MPEX] [S.MPOE] 7700 @ 0.00064619 = 4.9757 BTC [-]
mod6: ;;calc 1000*.0005
gribble: 0.5
mod6: ;;calc 1000000000000000/11000000
gribble: 90909090.9091
mod6: ;;calc 90909090*.0005
gribble: 45454.545
mod6: HEH
mod6: ;;calc 90909090*.00000001
gribble: 0.9090909
mod6: \o/
assbot: [MPEX] [S.MPOE] 10800 @ 0.00064619 = 6.9789 BTC [-]
assbot: [MPEX] [S.MPOE] 8238 @ 0.00064313 = 5.2981 BTC [-]
jurov: ;;bc,convert shenanigans
gribble: 1 BTC = Google's calculator didn't come up with anything.
jurov: ;;slap assbot
assbot: [MPEX] [S.MPOE] 1742 @ 0.00064313 = 1.1203 BTC [-]
assbot: [MPEX] [S.MPOE] 4906 @ 0.00064217 = 3.1505 BTC [-]
assbot: [MPEX] [S.MPOE] 4943 @ 0.00063782 = 3.1527 BTC [-]
assbot: [MPEX] [S.DICE] 1950 @ 0.00595054 = 11.6036 BTC [+]
assbot: [MPEX] [S.MPOE] 1357 @ 0.00063782 = 0.8655 BTC [-]
assbot: [MPEX] [S.MPOE] 6943 @ 0.0006373 = 4.4248 BTC [-]
assbot: [MPEX] [S.MPOE] 1200 @ 0.0006479 = 0.7775 BTC [+]
DeadWeasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 23.84588, Best ask: 23.88000, Bid-ask spread: 0.03412, Last trade: 23.84587, 24 hour volume: 30125.82192065, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.89098
assbot: [MPEX] [S.MPOE] 11250 @ 0.000644 = 7.245 BTC [-]
assbot: [MPEX] [S.MPOE] 21808 @ 0.0006479 = 14.1294 BTC [+]
assbot: [MPEX] [S.MPOE] 14492 @ 0.00064981 = 9.417 BTC [+]
assbot: [MPEX] [S.MPOE] 3908 @ 0.00064981 = 2.5395 BTC [+]
assbot: [MPEX] [S.MPOE] 4300 @ 0.00064995 = 2.7948 BTC [+]
assbot: [MPEX] [S.MPOE] 8103 @ 0.0006506 = 5.2718 BTC [+]
DeadWeasel: ;;slap gribble
DeadWeasel: ;;slap DeadWeasel
DeadWeasel: !
assbot: [MPEX] [S.MPOE] 5283 @ 0.000644 = 3.4023 BTC [-]
DeadWeasel: S&M gribble
DeadWeasel: ;;slap DeadWeasel
assbot: [MPEX] [S.MPOE] 4106 @ 0.00064299 = 2.6401 BTC [-]
assbot: [MPEX] [S.MPOE] 11094 @ 0.00064661 = 7.1735 BTC [+]
jurov: hatefest on #bitcon-otc
jurov: Mircea Popescu, the Bill Gates of Bitcoin. (if billg had porn on microsoft.com)
gribble: BTCUSD ticker | Best bid: 23.96320, Best ask: 23.99677, Bid-ask spread: 0.03357, Last trade: 23.99677, 24 hour volume: 30284.73846546, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.89730
DeadWeasel: 30k volume, not very high.
Bugpowder: 24.19!
DeadWeasel: !!
DeadWeasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 23.99964, Best ask: 24.03327, Bid-ask spread: 0.03363, Last trade: 24.06130, 24 hour volume: 30690.91383549, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.90079
DeadWeasel: 350 bitcoins took us there from 23.96
assbot: [MPEX] [S.MPOE] 7606 @ 0.00064456 = 4.9025 BTC [-]
assbot: [MPEX] [S.MPOE] 20694 @ 0.00064757 = 13.4008 BTC [+]
DeadWeasel: would anyone recommend S.BBET?
pigeons: depends what price you get it for
pigeons: you should take EskimoBob's advice and "be your own whale" to pump up the price some ;)
DeadWeasel: So that would require buying say, 300 shares, than buying at successively higher prices at junks of 100 shares?
DeadWeasel: thus creating a market for a 'rising' asset?
Diablo-D3: might as well start bidding on those asicminer shares then
pigeons: no i mean make a bunch of big bets
jurov: again? mass hysteria ensues :)
DeadWeasel: oh, sdice whale
Diablo-D3: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.05905, Best ask: 24.08999, Bid-ask spread: 0.03094, Last trade: 24.05904, 24 hour volume: 30755.51651899, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.90272
DeadWeasel: that's not an option for me
DeadWeasel: because it's not profitable
DeadWeasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.05767, Best ask: 24.09136, Bid-ask spread: 0.03369, Last trade: 24.05768, 24 hour volume: 30812.67850009, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.90315
assbot: [MPEX] [S.MPOE] 14112 @ 0.0006373 = 8.9936 BTC [-]
assbot: [MPEX] [S.MPOE] 19150 @ 0.00063714 = 12.2012 BTC [-]
DeadWeasel: ohmagherd it's dead in here today
DeadWeasel: ;;slap deadweasel
DeadWeasel: I do need to do that, EskimoBob.
DeadWeasel: I'm just teaching myself to program now. It's slow as I have a full time job.
assbot: [MPEX] [S.MPOE] 4238 @ 0.00063647 = 2.6974 BTC [-]
assbot: [MPEX] [S.MPOE] 1490 @ 0.00064757 = 0.9649 BTC [+]
assbot: [MPEX] [S.MPOE] 11067 @ 0.00065011 = 7.1948 BTC [+]
assbot: [MPEX] [S.MPOE] 9099 @ 0.00063186 = 5.7493 BTC [-]
assbot: [MPEX] [S.MPOE] 5217 @ 0.00063111 = 3.2925 BTC [-]
assbot: [MPEX] [S.MPOE] 14053 @ 0.0006311 = 8.8688 BTC [-]
assbot: [MPEX] [S.MPOE] 2831 @ 0.00063054 = 1.7851 BTC [-]
DeadWeasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.21001, Best ask: 24.27700, Bid-ask spread: 0.06699, Last trade: 24.21001, 24 hour volume: 30932.81371951, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.91140
kakobreklaa: ;;bc,covert eur
gribble: Error: "bc,covert" is not a valid command.
kakobreklaa: ;;bc,convert eur
gribble: 1 BTC = 24.21001 U.S. dollars = 18.0806647 Euros
PsychoticBoy_: Ka-ching
DeadWeasel: this does not seem stable with such low volume.
mircea_popescu: deposits flushed.
DeadWeasel: single user pump and dump?
DeadWeasel: and it looks like there is .5 BTC bot pushing down on the price....
Bugpowder: yeah doing a great job of pushing it down too
DeadWeasel: lol, no.
DeadWeasel: I wonder how many SR users are waiting to get to the bank today, after being snowed in all weekend.
DeadWeasel: i know they are out of Oxycotin already. 3 day weekend.
DeadWeasel: and another one coming up!
mircea_popescu: what's oxycotin even for ?
ThickAsThieves: pain
DeadWeasel: addicts, the foundation of bitcoin.
ThickAsThieves: oxycontin&
ThickAsThieves: or oxycodone
DeadWeasel: i think that's as good as it gets. If porn can create the internet then addicts can create a new currencyu.
DeadWeasel: EskimoBob: no
mircea_popescu: this entire "sr drives bitcoin" is about as stupid as people thinking cowboy movies drove the us west.
ThickAsThieves: it's certainly "helping" tho
mircea_popescu: well sure.
ThickAsThieves: the best part about SR users is they dont care what the echange rate is
DeadWeasel: there is more activity on SR and their forums than any other bitcoin related activity
DeadWeasel: gambling is huge too, but they are more likely to stop at a certain point
mircea_popescu: DeadWeasel activity on a forum is a very poor representation of anything.
DeadWeasel: it is, that's why it's another solid corner of the pyramind
ThickAsThieves: the SR thing can't last
jurov: where does that "if bitcoin goes up,gambling/sd will subside" come from?
ThickAsThieves: at least not in the US...
DeadWeasel: ThickAsThieves: it also can't be stopped, unless they open every package of mail, which is illegal if it's US POST
ThickAsThieves: USPS is stopping deliveries on Saturdays soon
ThickAsThieves: all those drugs just sitting all weekend
ThickAsThieves: many of the drugs could be sniffed out
mircea_popescu: https://bitcointalk.org/index.php?topic=77870.msg1519243#msg1519243 one of the sd whales ?
DeadWeasel: they're stopping due to a lack of budget. I doubt they'll hire drug dogs to hang out on weekends.
ThickAsThieves: but you are right, it cant stop entirely
gribble: 1 BTC = 24.26943 U.S. dollars = 18.1142185 Euros
ThickAsThieves: USPS budget isnt where dogs come from
ThickAsThieves: people could just ship on Mondays and be safer
ThickAsThieves: anywho idc
ThickAsThieves: legalize it all
DeadWeasel: Imagine the organization it would take to determine exactly which package is was.
DeadWeasel: ThickAsThieves: i agree,
DeadWeasel: let them OD or not, either way, drug issues sort themselves out.
ThickAsThieves: mp, that guy on your link's last post is inquiring about buying a harley for 450btc, maybe he IS a whale
mircea_popescu: is a harley that cheap ?
jcpham: some are
DeadWeasel: he def bets a lot
ThickAsThieves: used maybe
jborkl: a girls Harley is
jborkl: a sporster
jcpham: yeah i was going to say a sportster
jcpham: you can tack on enough extra to make it not cheap though
mircea_popescu: http://www.motorcyclenews.com/upload/218277/images/Sportster.jpg
mircea_popescu: wtf is this thing. seriously.
ThickAsThieves: he's also buying BFL preorders
mircea_popescu: looks like a husqvarna
assbot: [MPEX] [S.MPOE] 12450 @ 0.00063768 = 7.9391 BTC [+]
assbot: [MPEX] [S.MPOE] 348 @ 0.00064263 = 0.2236 BTC [+]
assbot: [MPEX] [S.DICE] 200 @ 0.00609434 = 1.2189 BTC [+]
Chilca: anyone has an inside about BFL preorders?
jborkl: you should know
jcpham: i ride an expatriated romanian mule mostly
ThickAsThieves: info on their forum says that the chips will arrive at bumping facility today or tomorrow
mircea_popescu: jcpham as long as its not an ass
mircea_popescu: Chilca http://bitbet.us/bet/7/bfl-will-deliver-asic-devices-before-march-1st/
mircea_popescu: could go either way.
Chilca: Yea, I saw in the forum!, Thanks mircea_popescu
Chilca: we bought a few
ThickAsThieves: That bet has a weird qualifier in it
ThickAsThieves: Devices must be in scope of +-10% of advertised performance in order to be accepted as valid.
mircea_popescu: what's weird about that ?
ThickAsThieves: what if the devices are 11% faster than spec'd?
mircea_popescu: i defy you to deliver any sort of item, no matter what it be, from potatoes or crude oil to combustion engines or lcd monitors
mircea_popescu: that's NOT within 10% and still have it accepted.
ThickAsThieves: my point is,
mircea_popescu: 10% is, if anything, mindboggling generous.
ThickAsThieves: what if BFL makes them FASTER
mircea_popescu: they deliver what they say or they fail.
mircea_popescu: doesn't matter.
mircea_popescu: production is about doing what you want, not what comes out.
ThickAsThieves: so if their devices all have a bonus speed of 11%, and ship on time, they still failed to meet the qualitifications?
ThickAsThieves: *deliver on time
ThickAsThieves: qualitifiations, heh
mircea_popescu: lol
assbot: [MPEX] [S.MPOE] 7150 @ 0.00063083 = 4.5104 BTC [-]
assbot: [MPEX] [S.MPOE] 12455 @ 0.00063054 = 7.8534 BTC [-]
assbot: [MPEX] [S.MPOE] 6445 @ 0.00062986 = 4.0594 BTC [-]
mircea_popescu: anyway, if they deliver by 1st of march they're grossly NOT on time
mircea_popescu: as the things were supposed to come out in november last or something like that.
ThickAsThieves: indeed
mircea_popescu: but yes, if they specced 66 and deliver 73 they lose.
Diablo-D3: bfl started a YEAR before everyone else
Diablo-D3: they are REALLY late
ThickAsThieves: i ordered a couple a month ago, I just wanna own em, not worried if they make the money
ThickAsThieves: I surmise that over time theyll be worth it anyway
Diablo-D3: ThickAsThieves: nope
mircea_popescu: ThickAsThieves one angle i think most people fail to grok is that
Diablo-D3: asicminer will fuck over difficulty for everyone else
mircea_popescu: once btc takes over, these fabled early asics will sell at sotheby's
mircea_popescu: (for btc)
kakobreklaa: last time i checked inaba was making exuses they will likely fail their power req. and lose the bet they made publicly
pigeons: inaba making excuses? no!
mircea_popescu: kakobreklaa last time i heard of him he was getting owned by the girl
Diablo-D3: ThickAsThieves: btw, I suggest you bid on more asicminer shares if you plan on making any money
jborkl: SD about to cross 3 million bets
DeadWeasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.20309, Best ask: 24.23694, Bid-ask spread: 0.03385, Last trade: 24.23694, 24 hour volume: 31171.64310858, 24 hour low: 23.19000, 24 hour high: 24.37345, 24 hour vwap: 23.91775
mircea_popescu: i wonder if it ever goes over 1bn bets
ThickAsThieves: diablo, I might, just a matter of whether I can move money around before the deadline...
mircea_popescu: i hope that's a joke
mircea_popescu: asicminer is MAYBE worth 0.08 atm
mircea_popescu: which is still under par.
assbot: [BTCTC] [COGNITIVE] 2 @ 0.3254 = 0.6508 BTC [+]
Diablo-D3: mircea_popescu: lol.
mircea_popescu: if there were a practical way to do it i'd short the entire float.
ThickAsThieves: they seem to be hinting they will go online very soon
mircea_popescu: ThickAsThieves even so.
Diablo-D3: I dont think mircea_popescu realizes how much hash power asicminer will end up having
mircea_popescu: "end up having".
DeadWeasel: how did namworld's auction go?
Diablo-D3: DeadWeasel: I won half of it
DeadWeasel: last i saw was .51
DeadWeasel: nice!
mircea_popescu: i think he got like .35 or some ungodly thing like that
mircea_popescu: o wow.
ThickAsThieves: if you wanna short it, buy that 5000share seat and promote your auction more than Nam
mircea_popescu: god i wish i could sell 10k of those.
mircea_popescu: no, to short it i'd have to borrow some and sell them.
mircea_popescu: and i wouldn't promote that shit either, it's unconscionable.
DeadWeasel: Diablo-D3: what was the final price?
ThickAsThieves: hehe
Diablo-D3: DeadWeasel: see the thread
ThickAsThieves: some people bid like .41 right?
assbot: [MPEX] [S.MPOE] 3300 @ 0.00064024 = 2.1128 BTC [+]
Diablo-D3: yeah
Diablo-D3: asicminer shares should go past 1 btc
mircea_popescu: lol dude, srsly.
ThickAsThieves: also, as far as buying the BFLs I did, like I said, I just wanna own a couple miners, I have a lot of "gizmos"
DeadWeasel: at work, look it up later. glad you won though Diablo-D3
ThickAsThieves: i wanna make sure I understand somehting about how the blockchain works,
assbot: [MPEX] [S.MPOE] 30855 @ 0.00062986 = 19.4343 BTC [-]
ThickAsThieves: if bitcoin transaction volume increased like 1000x
assbot: [MPEX] [S.MPOE] 11700 @ 0.00062884 = 7.3574 BTC [-]
ThickAsThieves: mining difficulty drops a lot right?
assbot: [MPEX] [S.MPOE] 4972 @ 0.00062786 = 3.1217 BTC [-]
assbot: [MPEX] [S.MPOE] 19300 @ 0.00062766 = 12.1138 BTC [-]
assbot: [MPEX] [S.MPOE] 173 @ 0.00062729 = 0.1085 BTC [-]
mircea_popescu: not at all.
assbot: [MPEX] [S.MPOE] 950 @ 0.00062706 = 0.5957 BTC [-]
Diablo-D3: I wish I had the money to buy all of asicminer
Diablo-D3: all 200k shares
mircea_popescu: this is why you don't have a lot of money.
ThickAsThieves: so how will the system deal with confirming that many transactions
ThickAsThieves: like what if there were 1000 satoshidice.coms
mircea_popescu: ThickAsThieves blocks currently can only cointain 1mb of data
Diablo-D3: mircea_popescu: dude, if I had all of asiicminer
Diablo-D3: mircea_popescu: I'd basically own most of the hashing power out there
mircea_popescu: so miners would prolly sort out the txs by fee/bytes
mircea_popescu: Diablo-D3 you get excited too easily. things don't work like they could
DeadWeasel: yup, start sending a fee at that point if want immediate includsion in the blockchain
ThickAsThieves: so the fee revenue would go up a lot
mircea_popescu: things work like they work.
mircea_popescu: ThickAsThieves yes.
mircea_popescu: conceivably.
Diablo-D3: mircea_popescu: I am very unexcitable
ThickAsThieves: and fee revenue goes into blocks?
gribble: 1 BTC = 24.21231 U.S. dollars = 18.0715853 Euros
mircea_popescu: ThickAsThieves that made no sense.
ThickAsThieves: just trying to fully graspo this
ThickAsThieves: where do fees go?
mircea_popescu: a tx is (x+y+z) btc input (k+l+m) btc output.
mircea_popescu: if input > output the difference is kept by whoever mines the blokc
mircea_popescu: if that difference divided by the tx length is high everyone mining will want to include it in their block
mircea_popescu: if its low nobody would include it unless there's space
Diablo-D3: EskimoBob: it isnt yet
mircea_popescu: think like the blocks are train wagons, and the tx are people. the fee is what they pay
mircea_popescu: if a 200lb woman offers 10 bux she waits
mircea_popescu: if some 75lb dood offers 100 bux he gets in
ThickAsThieves: right
Diablo-D3: EskimoBob: the auctions are manual, yes
ThickAsThieves: so when the last new bitcoin is mined, miners mine for the fees only?
Diablo-D3: it was on glbse
Diablo-D3: ThickAsThieves: yes
mircea_popescu: ThickAsThieves exactly
Diablo-D3: EskimoBob: look in the auctions forum, several people are selling their shares
ThickAsThieves: so, say it's 2015 and 50% of the world is using bitcoin
mircea_popescu: ok.
Diablo-D3: EskimoBob: friedcat is going to be putting his own exchange up
Diablo-D3: heh
Diablo-D3: THEN WHY ASK
ThickAsThieves: you could potentially still make monet
ThickAsThieves: money*
ThickAsThieves: mininhg
mircea_popescu: surely.
pigeons: Homomorphic Payment Addresses and the Pay-to-Contract Protocol http://arxiv.org/pdf/1212.3257
Diablo-D3: EskimoBob: because it kind of already is
pigeons: from https://github.com/bcpki/bitcoin/blob/master/README.md
Diablo-D3: because thats not my choice
ThickAsThieves: i guess what i'm trying to confirm is, that all these charts miners are working on, and trying to predict difficulty are all totally thrown out the window if rapid bitcoin adoption happens
assbot: [MPEX] [S.MPOE] 4944 @ 0.00062706 = 3.1002 BTC [-]
mircea_popescu: ThickAsThieves yes.
ThickAsThieves: ok i'm done, thx :)
mircea_popescu: the "charts" people like that idiot on reddit are working on are bs anyway
mircea_popescu: for so many different reasons it doesn't even matter that adoption would skew
gribble: 1 BTC = 24.28302 U.S. dollars = 18.1243618 Euros
DeadWeasel: DeaDTerra: what is XRP?
pigeons: "ripples" ripple.com transaction fee currency
assbot: [MPEX] [S.MPOE] 5606 @ 0.00062706 = 3.5153 BTC [-]
pigeons: very rare only 10 billion
assbot: [MPEX] [S.MPOE] 4244 @ 0.00062683 = 2.6603 BTC [-]
jcpham: who needs xrp?
ThickAsThieves: brokers that use bitfunder?
pigeons: ;)
jcpham: 1btc for 100k xrp?
jcpham: yowsers
mircea_popescu: wait, so supposedly xrp mkt cap is 100k btc ?
mircea_popescu: in what parallel universe this ?!
assbot: [MPEX] [S.MPOE] 13300 @ 0.00064024 = 8.5152 BTC [+]
Diablo-D3: mircea_popescu: how many BTC do you have?
mircea_popescu: a bunch
Diablo-D3: more than 100k?
pigeons: Diablo-D3: how small is your dick?
mircea_popescu: yeah.
Diablo-D3: more than 400k?
mircea_popescu: maybe.
jcpham: i'll sell 500 xrp for 1 btc DeaDTerra
Diablo-D3: how many people do you think have more than 400k?
Diablo-D3: or hell, more than 1k
mircea_popescu: more than 1k at least 1k
mircea_popescu: more than 400k maybe a dozen, if that.
Diablo-D3: okay so
Diablo-D3: do you think it'd be possible to raise a little over 400k btc to start a datacenter catering to high density computation customers?
mircea_popescu: nope.
Diablo-D3: even if it was done in bonds that pay the equiv of 5% annually for ten years?
mircea_popescu: your 400k would be a very big 4% stake out of all bitcoin. your datacenter would be an inconsequential 0.0001% of all datacenters
mircea_popescu: which is an inconsequential 0.0000% of all fiat.
mircea_popescu: trades happen if and only if the % of btc you give away
mircea_popescu: gets a larger % of fiat in exchange.
Diablo-D3: yes, but it would have 100-150 racks profiting 10k USD a month
mircea_popescu: makes no diff.
mircea_popescu: 400k btc just went from 14 each to 24 each
Diablo-D3: ;;calc 10000 * 150
gribble: 1500000
Diablo-D3: ;;calc 10000 * 150 / 24
gribble: 62500
assbot: [MPEX] [S.MPOE] 21500 @ 0.00064196 = 13.8021 BTC [+]
assbot: [MPEX] [S.MPOE] 5902 @ 0.00064263 = 3.7928 BTC [+]
assbot: [MPEX] [S.MPOE] 1633 @ 0.00065011 = 1.0616 BTC [+]
assbot: [MPEX] [S.MPOE] 497 @ 0.0006506 = 0.3233 BTC [+]
assbot: [MPEX] [S.MPOE] 8200 @ 0.00065122 = 5.34 BTC [+]
Diablo-D3: it'd generate 62.5k bitcoins a month.
iz: ;;calc 400000 * (24 - 14)
assbot: [MPEX] [S.MPOE] 8600 @ 0.00065302 = 5.616 BTC [+]
gribble: 4000000
assbot: [MPEX] [S.MPOE] 13070 @ 0.00065318 = 8.5371 BTC [+]
Bugpowder: yeaa
mircea_popescu: you will eventualyl be able to finance fiat endeavours in btc, but prolly after btc mkt cap passes 1 trillion.
Diablo-D3: DeaDTerra: Im not going to let nefario sink this ship
Diablo-D3: mircea_popescu: DMC could cause btc to reach $1000
Diablo-D3: DeaDTerra: not really.
Diablo-D3: DeaDTerra: it never left the dock.
mircea_popescu: for now the deals that make sense to finance in btc are the deals that bring btc.
mircea_popescu: if you made a btc-taking datacenter. problem is the btc paying customers aren't doing more than maybe a few ks worth a year
mircea_popescu: so your mkt cap is probably under 50k btc or something like that.
Bugpowder: wouldn't it make more sense to manage an existing datacenter
mircea_popescu: it probably would.
mircea_popescu: arguably it'd be a good idea to make a btc-level secure btc
assbot: [MPEX] [S.MPOE] 6570 @ 0.00064415 = 4.2321 BTC [-]
mircea_popescu: somewhere in a free country, with good safety in place
mircea_popescu: and sell guaranteed space.
Diablo-D3: mircea_popescu: I would accept btc, btw
Diablo-D3: Bugpowder: no, most datacenters are pretty much fucked
Diablo-D3: Bugpowder: they arent upgrading to handle customer demands and are massively wasting space
Diablo-D3: Bugpowder: the only way to win is to come out of nowhere and eat their lunch
mircea_popescu: you're not eating anyone's lunch
mircea_popescu: the reason they're sloppy is that there's so much govt demand for them
Diablo-D3: sloppy doesnt bring the money in
assbot: [MPEX] [S.MPOE] 5775 @ 0.00065318 = 3.7721 BTC [+]
Diablo-D3: many datacenters are not accepting new customers because they're "full"
Diablo-D3: yet half their rack space is wasted because of mismanagement
mircea_popescu: you're still not eating their lunch.
mircea_popescu: they're not making a loss.
DeadWeasel: not yet, not without a great plan.
DeadWeasel: and capital, and 12 hour work days for the next several years
DeadWeasel: then, maybe.
mircea_popescu: even with all that. they'll be fine, you'll make a little more per sq foot
DeadWeasel: which would be a nice business.
DeadWeasel: Diablo-D3: i agree with you on the state of the industry.
DeadWeasel: there is room for improvement.
assbot: [MPEX] [O.BTCUSD.C210T] 3 @ 0.2192369 = 0.6577 BTC [+]
assbot: [MPEX] [O.BTCUSD.C220T] 3 @ 0.18744462 = 0.5623 BTC
mircea_popescu: problem is, a datacenter is something a multi-billion company makes. in fact, it's about on the level of building a nuclear plant.
mircea_popescu: heck, if one had any sense they'd build them together.
mircea_popescu: a nuclear plant and a datacenter.
mircea_popescu: to use all its power.
assbot: [MPEX] [S.MPOE] 9231 @ 0.00064415 = 5.9461 BTC [-]
pigeons: much smaller companies than that make datacenters, just as nice or nicer than the big ones, but less capacity
assbot: [MPEX] [S.MPOE] 3969 @ 0.00064189 = 2.5477 BTC [-]
pigeons: everybody wants you to survive a nuclear strike even if you're just making toys
mircea_popescu: im just thinking its so commodified it's probably the case economies of scale rule.
assbot: [HAVELOCK] [HIM] 1 @ 13 BTC [+]
pigeons: yeah i find that
pigeons: but some people (over?)pay just to be "in house. and definately overpay for uptime they dont need
pigeons: i frequently say why the fuck do you think this place will last, you could just build one the next county over where everything is cheaper, the next country over where you can use slaves and pollute, etc
mircea_popescu: slaves is always nice.
pigeons: well "cheaper labor"
mircea_popescu: people who take their work seriously.
pigeons: yeah
markedathome: has there been some sort of glbse payout today from either glbse or btcsyn?
mircea_popescu: not that i heard of.
markedathome: around 1530gmt
assbot: [MPEX] [S.MPOE] 205 @ 0.00065318 = 0.1339 BTC [+]
mircea_popescu: there's been a lot of bitcoin sindicate drama on the forum tho
markedathome: saw that, but I didn't think that anything was happening from glasswalker's side until tomorrow/wednesday as he was 'away on personal business/attending a wedding' according to last email
markedathome: or have I randomly been given some btc?
assbot: [MPEX] [S.MPOE] 25395 @ 0.00065362 = 16.5987 BTC [+]
assbot: [MPEX] [S.MPOE] 905 @ 0.00064189 = 0.5809 BTC [-]
Bugpowder: I love when that happens
mircea_popescu: 1. My God, What is this?
mircea_popescu: Yes, the dog will tell you.
mircea_popescu: for some reason the this is dog meme is really hard on foreigners.
assbot: [MPEX] [S.MPOE] 3650 @ 0.00065516 = 2.3913 BTC [+]
assbot: [MPEX] [S.MPOE] 18926 @ 0.00065549 = 12.4058 BTC [+]
assbot: [MPEX] [S.MPOE] 4928 @ 0.00065549 = 3.2303 BTC [+]
mircea_popescu: 2. MPSIC what?
mircea_popescu: The term stands for the standard identification code Pvpskvmybashd Mrsya.
Bugpowder: upupup
mircea_popescu: ok, fuck me...
mod6: lol @ this comment on superbowl bitbet: How can the Ravens be such underdogs when they have Capn' Stabbin Ray Lewis, ...
mircea_popescu: is he good ?
Bugpowder: he was 10 years ago
Bugpowder: then he (or his friends) murdered someone outside the club after a SuperBowl in 2000
Bugpowder: got off
Bugpowder: o hai!
jcpham: bitches be trippin
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.40000, Best ask: 24.41768, Bid-ask spread: 0.01768, Last trade: 24.40000, 24 hour volume: 32455.87760636, 24 hour low: 23.50000, 24 hour high: 24.41769, 24 hour vwap: 23.97896
jcpham: gettin stabbed
Bugpowder: STAB THE BEARZ
mircea_popescu: i c
Bugpowder: ;;bids 24.40
gribble: There are currently 0 bitcoins demanded at or over 24.4 USD, worth 0.0 USD in total.
jcpham: bam
jcpham: up
mircea_popescu: ;;bids 30
gribble: There are currently 0 bitcoins demanded at or over 30.0 USD, worth 0.0 USD in total.
assbot: [MPEX] [S.MPOE] 17272 @ 0.00065549 = 11.3216 BTC [+]
assbot: [MPEX] [S.MPOE] 28 @ 0.00065555 = 0.0184 BTC [+]
assbot: [MPEX] [S.MPOE] 3850 @ 0.00064189 = 2.4713 BTC [-]
mircea_popescu: Chilca btw, were you doing qa spanish mpex faq ?
assbot: [HAVELOCK] [SDICE] 1 @ 0.7638 BTC [-]
assbot: [MPEX] [S.MPOE] 3476 @ 0.00064189 = 2.2312 BTC [-]
assbot: [MPEX] [S.MPOE] 9714 @ 0.00063776 = 6.1952 BTC [-]
assbot: [MPEX] [S.MPOE] 7360 @ 0.00063066 = 4.6417 BTC [-]
DeadWeasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.19720, Best ask: 24.23107, Bid-ask spread: 0.03387, Last trade: 24.19334, 24 hour volume: 33722.82880541, 24 hour low: 23.54000, 24 hour high: 24.44000, 24 hour vwap: 23.99748
assbot: [MPEX] [S.MPOE] 6300 @ 0.00064312 = 4.0517 BTC [+]
assbot: [BTCTC] [B.YABMC] 4 @ 0.0249 = 0.0996 BTC [+]
assbot: [BTCTC] [B.YABMC] 11 @ 0.0249 = 0.2739 BTC [+]
Bugpowder_: ;;asks 25
gribble: There are currently 7707.7138 bitcoins offered at or under 25.0 USD, worth 191236.44685 USD in total.
Bugpowder_: ;;bids 23
gribble: There are currently 7865.8976 bitcoins demanded at or over 23.0 USD, worth 183422.259511 USD in total.
Bugpowder_: :)
Bugpowder_: ;;asks 29.5
gribble: There are currently 16509.353 bitcoins offered at or under 29.5 USD, worth 428037.241778 USD in total.
assbot: [BTCTC] [B.YABMC] 40 @ 0.025 = 1 BTC [+]
Bugpowder_: ;;bids 22
gribble: There are currently 17945.695 bitcoins demanded at or over 22.0 USD, worth 409683.330498 USD in total.
Bugpowder_: :D
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3498 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.025 BTC [+]
assbot: [MPEX] [S.MPOE] 2750 @ 0.00064312 = 1.7686 BTC [+]
assbot: [MPEX] [S.MPOE] 17150 @ 0.00065555 = 11.2427 BTC [+]
assbot: [MPEX] [S.MPOE] 20600 @ 0.00065176 = 13.4263 BTC [-]
DeadWeasel: ;;bc,24hprc
gribble: 23.93
assbot: [HAVELOCK] [SDICE] 2 @ 0.7644 = 1.5288 BTC [+]
assbot: [MPEX] [S.MPOE] 200 @ 0.00065176 = 0.1304 BTC [-]
assbot: [MPEX] [S.MPOE] 17337 @ 0.00064004 = 11.0964 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.3 = 0.6 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.76380001 = 1.5276 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.7638 = 3.0552 BTC [-]
maximian: looks like havelock needs to add some more s.dice shares
Bugpowder_: They have 1,000,000 shares
Bugpowder_: 900,000 actually
maximian: it's trading high relative to mpex
mircea_popescu: !ticker h sdice
assbot: [HAVELOCK:SDICE] 1D: 0.71999000 / 0.74751773 / 0.76500000 (22 shares, 16.44539002 BTC), 7D: 0.52100000 / 0.62747513 / 0.76500000 (6394 shares, 4012.07597940 BTC), 30D: 0.44000000 / 0.64105367 / 0.89000000 (10577 shares, 6780.42462184 BTC)
Bugpowder_: yeah
mircea_popescu: 74s yea
Bugpowder_: If I were topace
Bugpowder_: I would buy some and dump
Bugpowder_: on havelock
maximian: yep, same here
mircea_popescu: well so buy 100k amnd push it to him
mircea_popescu: i think he converts neh ?
Bugpowder_: not that direction
Bugpowder_: :)
mircea_popescu: lol
maximian: does he do that?
assbot: [MPEX] [S.MPOE] 6172 @ 0.00065555 = 4.0461 BTC [+]
mircea_popescu: maybe ask ? i thought it was discussed
mircea_popescu: couldn't swear to it
DeadWeasel: this is where evoorhees comes in and announces the NEXT TRANCHE!
Bugpowder_: they have about 40,000 shares of bid at .0065 and above
maximian: lol
Bugpowder_: like... free money dudes
Bugpowder_: just like picking up S.MPOE at .00062
Bugpowder_: FREE MONEY
maximian: nobody seems to think so…. or the people who do are tapped out
maximian: like me!
mircea_popescu: and then they ask how does btc finance drive the btc.
mircea_popescu: welllll...
jurov: DeadWeasel this is eerie
jurov: welcome evoorhees
mircea_popescu: 6 minutes lol
truffles: how does btc finance drive teh btc?
mircea_popescu: people getting tapped out.
truffles: i was going to respond to that article but u seem busy mp
truffles: the one about stoopids
mircea_popescu: so go ahead
truffles: gee cant i get to complain a lil
truffles: fine i will !
truffles: oh i saw somethign about UK making ads to tell the Romanians to stay out cuz UK not so good lol
truffles: http://www.publicserviceeurope.com/article/2686/uk-cannot-afford-eu-open-borders-any-longer
assbot: [MPEX] [S.MPOE] 3228 @ 0.00065559 = 2.1162 BTC [+]
mircea_popescu: welfare state collapsing all over the world
mircea_popescu: why's that notable
truffles: cuz they dont want Romanians and some other country taking the jobs?
truffles: u know its GREAT britian
truffles: Bulgarians
jurov: maybe ask in #bitcoin-otc-uk
truffles: heh
truffles: how many bitcoin channels are there geez
jurov: some dood insisted they need own channel
jurov: without these rm
jurov: romanians i suppose
assbot: [MPEX] [S.MPOE] 16000 @ 0.00064286 = 10.2858 BTC [-]
assbot: [MPEX] [S.MPOE] 8400 @ 0.00064004 = 5.3763 BTC [-]
mircea_popescu: lol
mircea_popescu: it's funny tho, cause they call them romanians but it's mostly gypsies
mircea_popescu: who, you know, love to travel.
truffles: gypsies so hated for no reason
jcpham: expatriated romanian donkey refugess
jcpham: *refugees
mircea_popescu: lol
kakobreklaa: did you hear about the romania, horses and france?
assbot: [MPEX] [S.MPOE] 14100 @ 0.00064004 = 9.0246 BTC [-]
truffles: lets hear it
mircea_popescu: lol yeah
mircea_popescu: it was funny cause that morning i had horse salami for breakfast
assbot: [MPEX] [S.MPOE] 7900 @ 0.00064004 = 5.0563 BTC [-]
kakobreklaa: i like horse meat a lot
kakobreklaa: and they complain.
kakobreklaa: wackos.
mircea_popescu: well, if i ordered chicken curry and got pork curry i'd prolly say something
truffles: horse meat found in 16 EU countries
kakobreklaa: not if it tastes better and you dont know what it is.
truffles: thanks france!
mircea_popescu: it'd be pretty out there for me to not know what it is
kakobreklaa: maybe you got pork in your horse salame what do you know
truffles: i hear horse meat is delicious
kakobreklaa: i taste horse meat is delicious
mircea_popescu: its pretty good yeah
mircea_popescu: there's this traditional salami thing in romania
mircea_popescu: it's sort of like cheese (ie, grows a special mold)
Lyspooner: moldy romanian horse sausage ftw
Lyspooner: hello all
mircea_popescu: http://www.recolta.eu/media/arhiva/salam-de-sibiu.jpeg
mircea_popescu: that sort of thing.
mircea_popescu: course by now it's industrially produced, they put pork in it etfc.
Lyspooner: mircea_popescu you should take mpex.com away from the midwest photo exchange
mircea_popescu: why ?
mircea_popescu: there's a bunch of things on the mpex name
Lyspooner: it will make you more money
mircea_popescu: Membrane Protein Explorer (MPEx)
mircea_popescu: Prosoniq MPEX
mircea_popescu: The Maryland Physics Expectations Survey (MPEX)
mircea_popescu: The Manufacturing Productivity Extension (MPEX) Program
mircea_popescu: why be an ass about it ?
Lyspooner: not an ass! a big swinging dick!
mircea_popescu: lol
Lyspooner: just email jim@mpex.com (srsly) and give him an offer
mircea_popescu: what, 10 bux ?
Lyspooner: maybe just put your exchange somewhere between "lenses" and "lighting&studio"
mircea_popescu: lol
mircea_popescu: Balance Sheet: Feb 1, 2013
mircea_popescu: Short-term Assets
mircea_popescu: Cash: BTC 815.51 (majority locked in Bitcoinica liquidation)
assbot: [MPEX] [S.MPOE] 8043 @ 0.00064004 = 5.1478 BTC [-]
assbot: [MPEX] [S.MPOE] 3907 @ 0.00063496 = 2.4808 BTC [-]
mircea_popescu: someone explain to me how this guy's mind works
Lyspooner: who is that
mircea_popescu: unreceivables = short term assets ?
mircea_popescu: yochdog of all people.
mircea_popescu: wait, it gets better
mircea_popescu: Accounts receivable: 0
mircea_popescu: ASIC pre-orders, not delivered: $8,000
truffles: lets hear how mp's mind work though
mircea_popescu: his short term is made out of accounts he can't collect and items he won't receive.
mircea_popescu: maybe he thinks "short" means "missing"
mircea_popescu: like "i'm a dollar short"
truffles: how much is polimedia subscription
mircea_popescu: you mean for the blog ?
truffles: to view it
mircea_popescu: whatever you want. a btc = 20000 credits atm
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 24.36557, Best ask: 24.39955, Bid-ask spread: 0.03398, Last trade: 24.39955, 24 hour volume: 34302.41282646, 24 hour low: 23.54000, 24 hour high: 24.47002, 24 hour vwap: 24.01793
mircea_popescu: 24017 to be precise
truffles: well u know my stance
truffles: next time dont post it there
truffles: reddits better :)
mircea_popescu: uh. you have a stance ?
truffles: yes several
assbot: [MPEX] [S.MPOE] 11450 @ 0.00063787 = 7.3036 BTC [+]
Lyspooner: anyone have experience buying bitcoins on kapiton.se?
assbot: [MPEX] [S.MPOE] 6773 @ 0.00063787 = 4.3203 BTC [+]
assbot: [MPEX] [S.MPOE] 508 @ 0.00063496 = 0.3226 BTC [-]
thestringpuller: dont buy trilemma credits
thestringpuller: i got 1000 and my ip change and mircea_popescu is refusing customer support :(
truffles: thats just terrible
truffles: u wrote them and no response?
thestringpuller: mircea_popescu can I get my credits updated :P
assbot: [MPEX] [S.MPOE] 7260 @ 0.0006341 = 4.6036 BTC [-]
jcpham: can i get a reach around?
truffles: yanks
assbot: [MPEX] [S.MPOE] 8324 @ 0.00064027 = 5.3296 BTC [+]
thestringpuller: yup my credits is gone
thestringpuller: :P
thestringpuller: instead I will just hack the paywall like i have been doing
mircea_popescu: thestringpuller um... didn't you get a pw ?
truffles: angry mobs are just waiting around the corner if this isnt sorted!
thestringpuller: lol
thestringpuller: no no pw
thestringpuller: you did it based on my ip
mircea_popescu: a well then.
mircea_popescu: get your ip back.
thestringpuller: lololol
Lyspooner: it seems like the options expiring next month have a low open interest. go spend some btc on marketing
truffles: internet id is how they roll over there?
mircea_popescu: well, the way trilema credits work is you can have them by pw or by ip
mircea_popescu: if you have them by ip and lose the ip you lose the credits.
mircea_popescu: if you have them by pw and lose the pw you lose the credits.
mircea_popescu: so... either way. buy moar.
truffles: what kind b.s. is this
truffles: no backups or recovery methods??
mircea_popescu: this is bitcoin.
mircea_popescu: nope.
truffles: why not
pigeons: buy 100 btc worth and take him to rota
Lyspooner: start listing quarterly options... your bot can handle longer-dated options
truffles: shit happens
mircea_popescu: customer is responsible for his own enjoyment.
mircea_popescu: Lyspooner there's zero uptake of the march ones as it is
Lyspooner: that's a marketing issue
mircea_popescu: truffles so if shit happens then why are we discussing it ?
Lyspooner: the contracts are well-designed
truffles: customer needs help sorting his shit
mircea_popescu: Lyspooner perhaps, but until it is resolved i see little point in adding even longer terms
mircea_popescu: truffles that's sad for him now isn't it.
truffles: unhappy customer is not good for business!
mircea_popescu: i don't happen to care.
mircea_popescu: i would much rather the consumer type customer dies hungry
mircea_popescu: than make me rich
Lyspooner: mircea_popescu, the miners need to hedge longer exposure than two months, especially when dealing with asic dealers
truffles: scrooge
mircea_popescu: Lyspooner the miners are roughly too clueless to comprehend x.idiff and why they can't run without them
mircea_popescu: in spite of ample marketing effort directed at their dumbass.
Lyspooner: that makes me sad
mircea_popescu: not as sad as it makes me.
mircea_popescu: https://bitcointalk.org/index.php?topic=139787.0 check that shit out
truffles: lets all throw rotten tomatoes at mp
mircea_popescu: truffles you new here i take it.
truffles: yes
truffles: i think im here approaching a week now
mircea_popescu: cool.
mircea_popescu: so there's this new doohickey called a bitcoin.
mircea_popescu: what it does is two things : it fucks governments so they can no longer finance welfarism
mircea_popescu: and it fucks over people so they can no longer expect others solve their shit for them
mircea_popescu: i love it equally for both reasons.
truffles: welfare is good for those who are disabled
mircea_popescu: i think you're not paying attention.
pigeons: take it to -politics
mircea_popescu: i am not trying to coopt your cooperation. i'm just telling you how it is.
truffles: but the ppl who like solving solve
Lyspooner: how far out does x.diff go
mircea_popescu: full year.
Lyspooner: yeah, that's being underutilized
jborkl: Tell that to all the taxes I pay and I don't get shit back - ever
truffles: nobody thinks about the handicapers
mircea_popescu: Lyspooner way. look here : http://trilema.com/2013/how-to-hedge-as-a-miner/
Lyspooner: however, in the miners' defense, i don't think there is much paper interest on the other side of the transaction
mircea_popescu: there's plenty of speculative money on mpex, and they're not putting the orders in the book anyway
truffles: oh look another trilema linkey
truffles: tl dr
jcpham: tl:dr lots of numbers
truffles: oops didnt click
truffles: lol
pigeons: just use a proxy truffles
truffles: for what
Lyspooner: i think that you are not going to be successful at anything truffles, no matter by what standard you measure things
truffles: i havent found a really reliable proxy server for free so meh
pigeons: see what you did
truffles: omg
assbot: [MPEX] [S.MPOE] 4900 @ 0.00063265 = 3.1 BTC [-]
truffles: he cant just say that and leave
mircea_popescu: lmao
assbot: [MPEX] [S.MPOE] 5364 @ 0.00063066 = 3.3829 BTC [-]
assbot: [MPEX] [S.MPOE] 5650 @ 0.00063046 = 3.5621 BTC [-]
assbot: [MPEX] [S.MPOE] 686 @ 0.00062858 = 0.4312 BTC [-]
truffles: if there's anything holding me back its procrastination
truffles: def gonna stalk that guy damit
assbot: [MPEX] [S.MPOE] 5423 @ 0.00062858 = 3.4088 BTC [-]
assbot: [MPEX] [S.MPOE] 3177 @ 0.00062683 = 1.9914 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.758 = 7.58 BTC [-]