assbot: [MPEX] [S.DICE] 4000 @ 0.00637777 = 25.5111 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.651 = 1.953 BTC [-]
assbot: [HAVELOCK] [SDICE] 14 @ 0.6505 = 9.107 BTC [-]
assbot: [HAVELOCK] [SDICE] 30 @ 0.65 = 19.5 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.649 = 1.947 BTC [-]
BingoBongo: I mean we passed the Mt Gox high, but apparently some exchange Blockchain.info follows had the high price at $35, so I've saving the cigars
assbot: [HAVELOCK] [SDICE] 3 @ 0.679 = 2.037 BTC [+]
BingoBongo: So, BFL is is Kansas City. Is Josh/Inaba Rock chalk like a Jayhawk or like General Quantrill does e see all of the common sense reasons why Lawrence should burn?
assbot: [MPEX] [S.MPOE] 5655 @ 0.00076 = 4.2978 BTC [+]
assbot: [HAVELOCK] [KCIM] 2 @ 0.9988 = 1.9976 BTC [+]
assbot: [HAVELOCK] [KCIM] 6 @ 1 = 6 BTC [+]
BitHub: stop sharing my fb profile pic
assbot: [MPEX] [S.DICE] 5000 @ 0.00637777 = 31.8889 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.650005 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.650005 = 4.55 BTC [-]
assbot: [HAVELOCK] [SDICE] 22 @ 0.65000001 = 14.3 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.65 = 4.55 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.649 = 7.788 BTC [-]
BitHub: so this guy is an aussie scammer?
BitHub: i'm joking anyway i dont really do that
BingoBongo: MP, this trolling something awful deal is taking a while. In the interim could you maybe hold a contest for spotting extra chromosones on bitcointalk?
BingoBongo: I've recieved one of your gift certificates. I've got time now though where I am looking at the long troll. Get to the moderator control pnel and make threads disapear like thie twin towers.
Bowjob: so how many people got the ten btc trolling price
assbot: [HAVELOCK] [SDICE] 1 @ 0.64 BTC [-]
splnkr: i give just enough a damn about the IRC community to actually hang out; can't understand how some see it as the target for misanthropic gratification
splnkr: ther are SOOOOOOO many better targets
splnkr: um, media?govt? fortune 500? stodgy educators?
splnkr: the list is practially endless
splnkr: scuse my spelling at this late hour
BingoBongo: Media's too easy. I've done local and regional papers a few too many times. Government trolls itself. I'm a stodgy educator... What targets are left nao?
BingoBongo: I'm ready to fuck, been ready to fuck, these pants are so tight
assbot: [BTCTC] [GSDPT] 219 @ 0.0065 = 1.4235 BTC [+]
BingoBongo: So... What's the deal with that Blockchain.info mixer?
BingoBongo: I mean the part where it has been phasing in and out of existence these past couple days.
BingoBongo: Is that some bullshit, or is that some bull shit?
BingoBongo: I'm kind of wondering, where's the BitBets on the first S.BBET passthrough?
Namworld: Which passthrough was the first one?
assbot: [BTCTC] [LTC-MINING] 1 @ 0.38 BTC [-]
assbot: [BTCTC] [LTC-MINING] 1 @ 0.38 BTC [-]
BingoBongo: I don't know that there is an S.BBET passthrough yet.
BingoBongo: You'd think as much as Kumala wants to monetize Virecurex and Crypto::Stocks he would race to set one up.
Namworld: There's one I manage and another on BitFunder
Namworld: I find BitBet overpriced right now tho.
aiball: coinbr.com has bbet for sale
BingoBongo: I don't know. I find it a bit underpriced for all the bets I've bought in on that won't realize till the end of the year...
aiball: definitely a buy and hold if anything
BingoBongo: If you are calling it overpriced Namworld I might finally have to get my shit together and finally register for that MPEX dealio
Namworld: I'm calling the shares as a whole overpriced.
Namworld: 200'000 satoshi a pop. 20 000 BTC valuation.
BingoBongo: I now, that's thy I think they are qorth quite a bit more. Especially since the initial valuation for the whole enterprise was only 100 BTC.
Namworld: They take 1% in fees. Would take 2 million BTC in bets to make a 100% dividend.
Namworld: 0.002 is 200x initial valuation
aiball: has anyone figured out the dividend for bbet this month? I might take a crack at it but just as likely might wait to see the number
BingoBongo: Details, details. There's also the house bets and idiots who bet against any sense.
Namworld: I think it was over-buyed at IPO, people panic buying.
BingoBongo: The BFL bet is going to throw everything for fruit loops
Namworld: now no one buys, no one sells. Almost.
BingoBongo: Right now too many are. There is very little action on most bets.
aiball: how about a major us bank will deploy ripple by 2013
aiball: fuck, that's boring too
aiball: I wanted no, but you're on if I can't think of something better in 30 minutes
aiball: 1 btc, nobody gets hurt
BingoBongo: I have tried. A critical user mass is missing
Bowjob: how about one for avalon too to make it interesting
aiball: because none writing bets reads people magazine. I'm not going to volunteer, but I think that's what is needed here.
aiball: celebrities and kittens get eyeballls.
aiball: I'm heading over to people.com now. then I'll hit up oprah's site
BingoBongo: Pari seems to still lack enough market makers
aiball: Is Tom trying to get custody of his daughter? maybe that's something. I can't believe I'm thinking of investigating this.
aiball: anyone want to take a side on "Tom gets custody of Suri by the End of April? "
assbot: [MPEX] [O.BTCUSD.C330T] 120 @ 0.25512908 = 30.6155 BTC [+]
Bowjob: I made a bet for avalon on bitbet. lets get this shit rollin
aiball: By the way I'm talking about Tom Cruise. Suri is his daughter. Tom Cruise just divorced his Wife Katie Holmes
aiball: I sending up a 1 btc bet, just giving you insiders a chance to pick a side and I'll take the other.
aiball: I think that would be best for Suri and the other children.
BingoBongo: I just know bit365.eu won't be around long if they keep paying so much for betting against the Astros and Marlins...
BingoBongo: Suri stays with Katie, family law isn't that fucked yet
aiball: I guess that means I'm taking yes.
BingoBongo: I might throw a bitdime on no if it posts
BingoBongo: I imagine it would get too lopsided too fast for real money
assbot: [HAVELOCK] [HIM] 5 @ 1.725 = 8.625 BTC [-]
aiball: I'm asking what is a btcdime
Bowjob: you added more stipulatons?
Bowjob: thats the one i submitted, right?
Bowjob: inclined to vote no as a hedge
aiball: I used .5 btc from Tom's basic refund.
aiball: I put it up there, but didn't take a side by mistake. I'll take yes as soon as it's approved. That is unless your comment about court is some way to convince me to take no.
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.00072 = 0.0014 BTC [-]
assbot: [MPEX] [S.DICE] 300 @ 0.00620001 = 1.86 BTC [-]
assbot: [MPEX] [S.DICE] 240 @ 0.00620001 = 1.488 BTC [-]
assbot: [MPEX] [S.DICE] 1811 @ 0.0062 = 11.2282 BTC [-]
assbot: [MPEX] [S.DICE] 4687 @ 0.00610821 = 28.6292 BTC [-]
aiball: why sell s.dice right before the dividend?
assbot: [HAVELOCK] [HIM] 1 @ 1.725 BTC [-]
Bowjob: i wanna put no, but theres no yes
ThickAsThieves: would it be unacceptable to say "The next winner of Project Runway will be homosexual"?
ThickAsThieves: so much infiltrating of these peoples lives online probly
assbot: [BTCTC] [GSDPT] 18 @ 0.00641 = 0.1154 BTC [-]
Bowjob: what do you mean by majority ships
Bowjob: because avalon 2's shipping is april 10th
mircea_popescu: majority of batch 1, not majority of all items they will ever produce
ThickAsThieves: i wanna complain that he doesnt really give any dates or schedules, but then again, who ever really lives up to those...
mircea_popescu: well ya but still, things irl happen on some sort of timescale
ThickAsThieves: update essentially says "we're working on it, we;ll get better!"
Bowjob: "Starting from next Monday, units will be en route to their country of destination and tracking numbers will follow maybe 2~3 days after (it is at this point onward which you can expect an email from us with the tracking information), we expect this process to continue to the 10th of March until all the units have been shipped out, if all is well people will get their units in-hand in the middle of March."
assbot: [HAVELOCK] [SDICE] 1 @ 0.685 BTC [-]
Bowjob: its a matter of shipping..
Bowjob: i havent set the bet yet :P
Bowjob: yifu said christmas came early to them
Bowjob: from winning the huge bfl bet
Bowjob: i guess they bet either 300+ or the 250 bet
Bowjob: umm month, but he's referring to this years xmas
gribble: BTCUSD ticker | Best bid: 34.08001, Best ask: 34.17002, Bid-ask spread: 0.09001, Last trade: 34.08001, 24 hour volume: 71974.65510805, 24 hour low: 30.90200, 24 hour high: 34.51541, 24 hour vwap: 33.23048
Bowjob: if this rally continues, I'll be able to afford a nice house at the end of the year
Bowjob: then after that perhaps go back to school..
Bowjob: my priorities are backwards.. usually people go to school first
Zillion: mircea has the BFL March 1st bet paid out?
blu3gr1ffon: Zillion: I haven't seen my bet in my wallet yet
blu3gr1ffon: if we are talking about the the bitbet.us one.
Zillion: blu3gr1ffon ok thanks just curious...usually they are fast but this one is big
blu3gr1ffon: anyone getting in on the BTC/USD at Mt.Gox will hit $35 in March 2013 bet?
assbot: [HAVELOCK] [KCIM] 5 @ 1 = 5 BTC [+]
mircea_popescu: "Congresswoman Maxine Waters (D-CA) claimed today that "over 170 million jobs" could be lost due to sequestration. "
splnkr: maxine waters might say extreme stuff sometimes but she's no fool
splnkr: she's among the best Congress has to offer
splnkr: she was the one to bring allegations of CIA crack cocaine trafficking to light in DC
splnkr: that's a pretty big deal in my book
mircea_popescu: she's among the best congress has to offer and that's what she says
splnkr: in politics, sometimes you hyperbolize to make a point
splnkr: that's what you do when you're not lying
mircea_popescu: splnkr ya well, here's the deal : if there actually existed 170mn jobs in the us it wouldn't be in the crapper would it
splnkr: sometimes you take an extreme position to reach a better compromise
splnkr: it's called negotiation
splnkr: but i do see your point in this particular case
splnkr: she maybe meant to say 176K
assbot: [BTCTC] [GSDPT] 2000 @ 0.00641 = 12.82 BTC [-]
splnkr: however I think a lot of us often react to what people say when they're taking extreme positions for negotiation purposes
splnkr: for example an apt. complex i was advising decided to build their own cogen plant because the electricity service was threatening much higher rates
splnkr: well, now the electricity service backpedaled and is offering a continuation at the same rate
splnkr: but the apt managers were too dumb to realize they were just bandstanding
splnkr: now i wonder how this affects BTC speculation =P
pigeons: lieing and misleading sucks. even though lying and misleading is expected of politicians, it still sucks, and because of their position, perhaps sucks more
splnkr: well, maybe, or maybe it's that people suck, and force politicians to lie.
pigeons: people suck so im forced to kill and steal
pigeons: dont blame the poor politicians
splnkr: whoa whoa the killing and stealing are another issue altogether
assbot: [BTCTC] [LTC-MINING] 9 @ 0.38 = 3.42 BTC [-]
assbot: [BTCTC] [LTC-MINING] 5 @ 0.39 = 1.95 BTC [+]
assbot: [BTCTC] [LTC-MINING] 5 @ 0.395 = 1.975 BTC [+]
splnkr: look, if you view a type of person as completely inhuman and one-dimensional so you can scapegoat them, you're never going to really understand why they are the way they are
splnkr: i had the experience of running for an elected office once and it totally changed my perspective
mircea_popescu: <pigeons> lieing and misleading sucks. even though lying and misleading is expected of politicians, it still sucks, and because of their position, perhaps sucks more <<< this. nonspam detected.
mircea_popescu: just make your motherfucking point, that's what a congress is for.
splnkr: so for example, sometimes what looks like stupidity from the outside is really willful ignorance
mircea_popescu: but it's always easier to self aggrandize and hyperbolize than make points
splnkr: well the irony here is that story about maxine waters misquoting a number probably got more exposure than the story about her exposing the CIA-crack connection in the 90's
pigeons: im suprised you lost, you are a politician, now its "misquoting"
mircea_popescu: i guess this teaches the importance of not fudging numbers.
mircea_popescu: i certainly dislike people that do that more than people that do coke.
assbot: [BTCTC] [GSDPT] 700 @ 0.00641 = 4.487 BTC [-]
assbot: [HAVELOCK] [HIM] 2 @ 1.73 = 3.46 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.685 = 1.37 BTC [-]
splnkr: pigeons: i'm not trying to defend politicians, but explain them
splnkr: i have less than zero time for their BS
splnkr: they are leading the way to 100 years ago
splnkr: it's a joke and i don't care to stick around for the punchline
splnkr: to be constantly wrapped up in their misdeeds is paralyzing
splnkr: i'd rather just ignore and proceed =)
splnkr: yeah i guess if you're going to jump down a rabbit hole it might as well be the one with the most potential to lead somewhere better
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.63899 BTC [-]
assbot: [BTCTC] [BTC-BOND] 20 @ 0.01 = 0.2 BTC [+]
Zillion: Still no love on that bet here mircea_popescu
assbot: [BTCTC] [ESECURITYSABTC] 4 @ 0.63899 = 2.556 BTC [-]
Zillion: LOL yeah but I am not the tycoon as you and need my measly coins
mircea_popescu: Zillion srsly, we ran into some sendmany hairs, working at it, it will not be long.
Zillion: np just wanting to be sure no wallet problems is all really
Zillion: thank ya sir...sorry, patience never been a strong suit for me
mjr__: i think it would be awesome if we could lend our shares out on mpex...with an escrow feature of some sort
Zillion: very new to all this if that is a dumb question
mjr__: so others could short
mjr__: and i could have my shares which are just sitting there earn extra income
ThickAsThieves: while ive never used btcjam, i like how the integrated using btct assets as collateral
mjr__: you COULD, but there is no escrow
jurov: thestringpuller, cause mp mentioned sendmany hairs
thestringpuller: mjr__: smickles is working on something for that purpose I thik
jurov: mjr__, shorting is by definition incompatible with simple escrow
mjr__: mircea_popescu: I would rather have my shares in a pool for lending with the understanding that the guy has to have assets to back it up. Similar to bitfinex's system
mjr__: but instead of BTC or USD, S.DICE and S.MPOE
mircea_popescu: unlike the bitfinex system w./e that is, you actually have signed receipts to prove this on mpex.
mircea_popescu: im sure any of the pt ops would do this, for instance.
jurov: i understood mjr__ looks for a broker he'll just push the shares to and broker does the legwork
mjr__: i meant a more automated system, yes Jurov and collects a portion of the interest or fees i generate
mjr__: ie. i can just leave my shares in that pool, but i specificy that my term will expire before dividends
mircea_popescu: actually iirc topace was working on some automation for crediting pushes to his PT
mjr__: even better win, if they win the bet, i can double down
mjr__: my whole point is that i want to increase my long position, but i don't want to buy at market, so if people want to sell at market, and then have to cover, i can buy back my own shares
assbot: [MPEX] [S.MPOE] 2200 @ 0.00075632 = 1.6639 BTC [+]
mjr__: if they are right and the short position works, i can increase my position for cheaper, if they are wrong, i get my original shares back anyway, and still rely on dividends
jurov: i'd prefer to run it closed with fixed interest, without dosclosing when i or someone other shorted and how much.
mjr__: exactly, i don't care who they are, i would rather trust mpex or coinbr than an individual person, provided that there is an autoclose out feature and there account is liquid enough to be able to buy back
jurov: transparency leads to somilar things like MPBPT investors bitching that i endangered their investment by setting the rate too high, lol
mjr__: some risk monitoring system
jurov: lmao maybe i can adapt bitcoinica code
jurov: yes that side is clear... but on the other side, maybe i can lend out to coinbr users where i can force liquidate them (hence bitcoinica reference)
pigeons: i dont mind being force liquidated as long as you give it a cute nickname like "starfished" or "juroved"
mircea_popescu: anyway, certainly a valid development direction, this.
mjr__: yes exactly, i don't want to rely on trusting them to return shares and be solvent
mjr__: if their account approaches insolvency they should get a margin call
mjr__: and if it reaches the point where they would be insolvent, they should be autoliquidated
jurov: okay, will plan it. but that even increases the risk of orders mismatch... mircea, how far are you with full tracking? did you determine it can be done?
jurov: who isn't following this - the "track" feature works basically only on half of transactions
jurov: the other half shows digest of other user's order
jurov: if i mismatch leveraged orders the mess will be bigger
mircea_popescu: sorry for the delay everyone. bitcoind is not yet exactly mature, needs a little expert oiling
mjr__: ah, good idea too, if you were to allow me to lend my btc out for margin on people it could work in the same system...but again, need very robust risk controls
Zillion: thats a BTC short for me???
mircea_popescu: you mean 21-02-13 19:54 No 357 2.00000000 19PN8 1.98876913 1Bye9 ?
Zillion: holy crap you are so right sir
Zillion: nothing like whining just to find out your wrong and last money :)
mircea_popescu: so if odds are even and weight under 1k (out of the orig 100k) you may end up -
assbot: [BTCTC] [BTC-BOND] 500 @ 0.01 = 5 BTC [+]
mjr__: i am curious if you could use blockchain analysis to get an accurate NPV of S.DICE dividends
mjr__: at the very least gross profit
mjr__: haven't seen that yet
jurov: maybe the default end weight should be 1000 to account for this
blu3gr1ffon: so these bets with, so and so will happen by 4/1/2013, are they over if that something happpens on 3/5/3013?
blu3gr1ffon: or do they just sit there until the end to pay out?
mjr__: do you do underwriting mircea?
mjr__: at this point i mean
mjr__: or do you just list
mjr__: i wanna get into the private equity game lol
assbot: How can I be of assistance, my poor man?
assbot: [MPEX:S.MPOE] 1D: 0.0007147 / 0.00075259 / 0.00076 (207052 shares, 155.83 BTC), 7D: 0.00061614 / 0.00069755 / 0.00078 (17890704 shares, 12,479.69 BTC), 30D: 0.0006153 / 0.00067287 / 0.00078 (67719739 shares, 45,566.99 BTC)
assbot: [HAVELOCK:SDICE] 1D: 0.64000000 / 0.65926621 / 0.68950000 (139 shares, 91.63800308 BTC), 7D: 0.60000000 / 0.65115724 / 0.69400000 (1192 shares, 776.17942766 BTC), 30D: 0.52100000 / 0.66313431 / 0.89000000 (11178 shares, 7412.51528089 BTC)
pigeons: i would think horsemeat would cost more than cornfed cow meat
Chaang-Noi: horse meat is cheap if it comes from a horse no one wants
mjr__: what i don't understand is that they eat horse meat when it's labeled horse
mjr__: i really wouldn't care if i found out i ate pork when i thought it was only beef
thestringpuller: if within a few weeks’ time you find yourself in the position of having to decide whether a few million dollars go to a. free drinks and garter inserts at a number of strip clubs or to b. coinbase “second round of funding”, the correct business decision is certainly a. At least the strippers can actually provide an answer should anyone happen to ask “what the fuck are you doing”. <<< I think many VC's w
ThickAsThieves: in the US, mostly the only meat-switching news you hear about is with fish
ThickAsThieves: cheap fish being sold as expensive fish in restaurants
Anduckk: mircea_popescu is the string puller!!!
Anduckk: (btw thats is actually true)
mircea_popescu: i started off trying to be nice but by the end i was thoroughly pissed off so.
gribble: 1 BTC = 34.25001 U.S. dollars = 26.2693741 Euros
mjr__: so you underwrite and marketmake?
jcpham: EskimoBob tell me about the things that make you angry
jcpham: i figured you were angry about something
jcpham: you normally seem angry
jcpham: I imagine you having steam coming from your ears
mircea_popescu: mjr__ to some degree. the way it practically works is mostly by putting min bids in during ipos
mircea_popescu: nothing much came of it in the case of bitbet for instance, it took off way
assbot: [MPEX:S.DICE] 1D: 0.00610821 / 0.00633093 / 0.00637777 (46523 shares, 294.53 BTC), 7D: 0.00572194 / 0.00621997 / 0.00638999 (320933 shares, 1,996.19 BTC), 30D: 0.0042 / 0.00602873 / 0.007395 (6844333 shares, 41,262.64 BTC)
assbot: [HAVELOCK:SDICE] 1D: 0.64000000 / 0.65926621 / 0.68950000 (139 shares, 91.63800308 BTC), 7D: 0.60000000 / 0.65115724 / 0.69400000 (1192 shares, 776.17942766 BTC), 30D: 0.52100000 / 0.66313431 / 0.89000000 (11178 shares, 7412.51528089 BTC)
gribble: 1 BTC = 34.49900 U.S. dollars = 26.4603467 Euros
BitHub: ziggap are on bitfunder as well
blu3gr1ffon: they are, newly so. anybody used the service?
mircea_popescu: I am done using this site. When you place a bet with a professional you want to be paid when the bet has resolved. Not when someone is good and ready to pay you. Mircea Popescu is a no better than any scammer before him."
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.35 = 0.7 BTC [+]
BitHub: its a place to buy bitcoins from
BitHub: they do a few countries
mircea_popescu: ThickAsThieves ok but i mean... today is still the 1st wtf.
mircea_popescu: banks regularly hold payments 2-3 days, what about that.
blu3gr1ffon: i guess people expect the perks of bitcoin to apply to bitbet
mircea_popescu: stuff has to be checked, for one, it's not exactly pennies we're dealing here. stuff breaks half the time, as it was indeed the case this time. new code and all that.
mircea_popescu: gotta give scammers like mircea_popescu some slack eh.
ThickAsThieves: he probly had some other bet or debt he needed to fill
mircea_popescu: i guess if you sit there and mash the f5 there's little difference between an hour and all eternity
assbot: [HAVELOCK] [SDICE] 3 @ 0.68 = 2.04 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.685 = 6.165 BTC [+]
gribble: 1 BTC = 34.49489 U.S. dollars = 26.4571944 Euros
assbot: [MPEX] [S.DICE] 5000 @ 0.00637776 = 31.8888 BTC [+]
assbot: [HAVELOCK] [SDICE] 38 @ 0.64500001 = 24.51 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.645 = 6.45 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.635 = 1.27 BTC [-]
gribble: BTCUSD ticker | Best bid: 34.49501, Best ask: 34.50000, Bid-ask spread: 0.00499, Last trade: 34.50000, 24 hour volume: 63944.06343327, 24 hour low: 30.90200, 24 hour high: 34.51541, 24 hour vwap: 33.24964
gribble: BTCUSD ticker | Best bid: 34.60000, Best ask: 34.83988, Bid-ask spread: 0.23988, Last trade: 34.83990, 24 hour volume: 65618.15625339, 24 hour low: 30.90200, 24 hour high: 34.83990, 24 hour vwap: 33.28810
gribble: BTCUSD ticker | Best bid: 34.60000, Best ask: 34.75000, Bid-ask spread: 0.15000, Last trade: 34.83990, 24 hour volume: 65618.15625339, 24 hour low: 30.90200, 24 hour high: 34.83990, 24 hour vwap: 33.28810
ThickAsThieves: which was accelerated from when they said 2014 last year
assbot: [MPEX] [S.MPOE] 4000 @ 0.00075999 = 3.04 BTC [+]
mjr__: yeah i need google glass
mjr__: the new video was awesome
mjr__: and i saw a picture of sergey brin on the subway in nyc wearing them
ThickAsThieves: from the looks of their promo photos, you have to look pretty hip to own a pair
mjr__: no one ever went broke taking profits...sell sell sell
mircea_popescu: "Consumer spending in the U.S. rose in January even as incomes dropped by the most in 20 years, showing households were weathering the payroll-tax increase by socking away less money in the bank."
mjr__: i was saying that as i kept my finger on the buy button, following goldman sach's modus operandi...tell people to do the exact opposite of what you plan on doing, and have them pay you for the "service"
mircea_popescu: the vote is in : the us public does not care whether the us ends.
mjr__: yes, but it is the system that makes savers into suckers
mjr__: i honestly think it may even be a partly subconscious effect whereby without concsciously realizing it, you know that saving is stupid when the value goes down so rapidly
mjr__: QE infinity and beyond
ThickAsThieves: americans are so ignorant and detached from the political and financial world it isnt funny
ThickAsThieves: i can have an intelligent conversation with maybe 5% of the people i come across
Chaang-Noi: their parents or grandparents made all the money, now everyone has credit
mircea_popescu: actually seeing how the expenditure is in large part houses,
mircea_popescu: it's pretty smart. buy a house today for 100k of debt, wait for obama to make 100k = 1 pizza
mjr__: but that is the point
ThickAsThieves: they even messed up real estate as investment for the middle and lower class
mjr__: and they want eveeryone in as much debt as possible
mircea_popescu: i could carry on an intelligent conversation with maybe 5% of the egyptians in either cairo or luxor
ThickAsThieves: i dont really understand why so many people dont want to think for themselves
mircea_popescu: @MarkCalabria Only in the sense that finance will move to Bitcoin faster.
mircea_popescu: @Mircea_Popescu Does the EU transaction tax proposal apply to Bitcoin transactions?
mircea_popescu: @MarkCalabria No, Bitcoin is structurally immune to imposed taxation.
gribble: BTCUSD ticker | Best bid: 34.53318, Best ask: 34.79987, Bid-ask spread: 0.26669, Last trade: 34.80000, 24 hour volume: 67402.19246156, 24 hour low: 30.90200, 24 hour high: 34.83990, 24 hour vwap: 33.33373
assbot: [HAVELOCK] [SDICE] 1 @ 0.68499999 BTC [+]
assbot: [MPEX] [S.MPOE] 6800 @ 0.00075632 = 5.143 BTC [-]
assbot: [MPEX] [S.MPOE] 4927 @ 0.00075542 = 3.722 BTC [-]
assbot: [MPEX] [S.MPOE] 5478 @ 0.00075 = 4.1085 BTC [-]
ThickAsThieves: Spiers, responding to a question about whether he regretted Groupon going public with "I feel like the only reason you could be asking me that question is because you think I’m stupid or because you’re trying to see if I’m going to lie to you."
mircea_popescu: and for the record i totally called this on trilema, when they ipod
ThickAsThieves: i had every client asking me about groupon for a while
mircea_popescu: "We sat in the dining room at Madera, a Michelin 1-star rated restaurant in the Rosewood, a luxury hotel that’s partly owned by Stanford University."
gribble: BTCUSD ticker | Best bid: 34.75002, Best ask: 34.81892, Bid-ask spread: 0.06890, Last trade: 34.81895, 24 hour volume: 68172.45866000, 24 hour low: 30.90200, 24 hour high: 34.83990, 24 hour vwap: 33.35396
mircea_popescu: He softened a bit. “I think in the first phase of our company, we were a glorified mailing list. We had a completely unintelligent email that we sent out once a day and we had a human sales force that was going around and procuring the deals... "
mircea_popescu: why do they wait for it to be 2013 and everyone be pissed off ?
mircea_popescu: this is what so called CEOs should learn from me, seriously. say it dude.
jcpham: what is the lesson, i'm listening
mircea_popescu: say nigger. tell people to fuck off. say your company sucks and is a glorified mailing list. say whatever the hell is the case.
mircea_popescu: no matter how apparently impolite, impolitical, inappropriate or whatever the fuck.
jcpham: i'm a big proponent of telling the truth
blu3gr1ffon: if you have shareholders, it is illegal to do anything that would lower the price of your company
mircea_popescu: that only sets you up for the unpleasant situation of this guy
jcpham: what were we talking about
jcpham: i do not like this topic
gribble: BTCUSD ticker | Best bid: 34.81100, Best ask: 34.86999, Bid-ask spread: 0.05899, Last trade: 34.81100, 24 hour volume: 68642.46395107, 24 hour low: 30.90200, 24 hour high: 34.89000, 24 hour vwap: 33.36688
jcpham: wtf is a groupon anyways
jcpham: didn't they go out of business
jcpham: well i do not shop so idgaf
Diablo-D3: a lot of people collectively take up a discount
Diablo-D3: jcpham: not just items, services too
Diablo-D3: a lot of companies pulled out of groupon and refuses to honor groupon deals because groupon wouldn't set limits and shit
Diablo-D3: group on also had pretty fucked up internal financials
jcpham: groupon promotes consumerism
mircea_popescu: Diablo-D3 which is a polite way of saying they cooked the books for the ipo
jcpham: i'm violently anti-consumer
pigeons: it has a high carbon footprint
Diablo-D3: jcpham: consumerism isn't bad inherently
Diablo-D3: jcpham: like, I'll buy mass produced products…. they just have to be high quality ones
jcpham: when people band together in facebook hoardes to groupon their rent money?
Diablo-D3: like I just bought a $99 9" frying pan
jcpham: why the fuck would you pay 100$ for a pan
Diablo-D3: its an all copper frying pan with a thin layer of 18/10 stainless steel for the cooking surface
jcpham: i barely eat let alone spend money on retarded kitchen goods
pigeons: a good pre-seasoned cast-iron skillet?
Diablo-D3: I took advantage of a pricing error
Diablo-D3: pigeons: a good one of those is $20 =P
jcpham: pigeons that's a hand me down
pigeons: yeah that's what i have ;>
jcpham: grandma hooked us up with the cast iron
Diablo-D3: Im going to own one frying pan the rest of my life thats not cast iron
mircea_popescu: pigeons i have some cast iron stuff. the problem with it is the womenz can barely lift the stuff. some sauces require lifting the pot with one hand while stirring with the other
Diablo-D3: mircea_popescu: yeah, I wouldn't use cast iron for sauces
jcpham: i'm just poking at you Diablo-D3, if you want to spend money on copper pans and mine bitcoins on Nvidia
Diablo-D3: mircea_popescu: get a 18/10 stainless pot
Diablo-D3: you can get one for like $50-75 depending on what size
Chaang-Noi: you guys know too much about cooking stuff
gribble: BTCUSD ticker | Best bid: 34.89769, Best ask: 34.89989, Bid-ask spread: 0.00220, Last trade: 34.89990, 24 hour volume: 68050.93419775, 24 hour low: 30.90200, 24 hour high: 34.89990, 24 hour vwap: 33.36805
Diablo-D3: Chaang-Noi: cooking is a man's art
pigeons: not pikewomen, just healthy
mircea_popescu: Diablo-D3 often enough you make the sauce in the same skillet you cooked the meat for juice economy.
Diablo-D3: mircea_popescu: it depends on the sauce
assbot: [MPEX] [S.DICE] 100 @ 0.00637776 = 0.6378 BTC [+]
Diablo-D3: mircea_popescu: like, I don't ike putting tomatoes in a cast iron pan
Diablo-D3: but a white sauce or gravy? thats fine
jcpham: i can honestly say I'm never experienced the word juice followed by the word economy
jcpham: i think i should take a nap or bleed out or something
mircea_popescu: jcpham you never lived having to save your juice to satisfy many hungry mouths either.
Diablo-D3: jcpham: he basically said "gravy without getting another pan dirty"
Diablo-D3: I laughed out loud, Im a bad person. No wait, that other thing, Im awesome.
jcpham: i can't wait to drop "juice economy" on someone
jcpham: when they least expect it
Diablo-D3: but yeah, I wouldn't have paid $200 for this
Diablo-D3: infact, I didn't even want to pay $100
Diablo-D3: but when something like that comes up
Diablo-D3: woks are often cast iron or annonized steel
Diablo-D3: bronze is fine, although you usually don't see it anymore
Diablo-D3: stainless steel is the best for the surface though
Chaang-Noi: im pretty sure they are mostly steel that we have
Diablo-D3: you can get pans that are pure 18/10 stainless, and they're good
Chaang-Noi: fuck, im going to go check.. iv not been in the kitchen for months and im going in to see pots...
Diablo-D3: almost pure copper is 1%er kind of shit
Diablo-D3: there are pro chefs that don't use shit like this
Diablo-D3: nanotube knows what Im talking about
Chaang-Noi: i think the stuff we ahve is mostly steel
Diablo-D3: Chaang-Noi: 18/10 steel is what a lot of people have
Diablo-D3: like, commercial grade shit is usually pure 18/10 or aluminum/18/10 bonded
Diablo-D3: the best cooking surface you can get is 18/10 stainless
Diablo-D3: its not the best _conductor_ though
Diablo-D3: thats why a lot of high grade 18/10 stainless pans have a copper layer inside
Diablo-D3: the only thing better is as much copper as possible with a thin layer of 18/10 as the cooking surface
Chaang-Noi: i dont think im picky enough id notice the differance
Diablo-D3: unless you cook every single day and do hardcore shit, you'd never see it
mircea_popescu: am i seeing this right, we're getting a downtrend retarget ?!
Chaang-Noi: if i cant go out of have some one cook for me i will eat bread from the bag and beer...
Diablo-D3: mircea_popescu: gpis are being powered down
Diablo-D3: mircea_popescu: its the calm before the storm
Diablo-D3: Chaang-Noi: yeah see, Im rejecting most pre made foods
Namworld: I guess a lot of the 25 terahash of GPUs are being removed
Diablo-D3: osx can automatically spellcheck that
Chaang-Noi: i dont know, i never have. also spending more than 10 mins trying to get a meal is a waste of time
Chaang-Noi: my wife will spend 2 hours on a meal some times... fucking insane
mircea_popescu: i hear you say that im thinking "this is like saying spending more than 2 minutes to get laid is a waste of time"
Chaang-Noi: who spends more than 2 hours to get laid?
mircea_popescu: i don't think i spent two hours actually cooking yet tho
mircea_popescu: i don't mean the part between meeting the girl and getting her naked.
mircea_popescu: i mean the part between her being naked and you being done
Chaang-Noi: oh, i do BBQ, but i dont really count that as cooking
Diablo-D3: mircea_popescu: 2 minutes getting laid? wtf, must be an asian thing
Diablo-D3: I couldn't get off in 2 minutes if I tried. Infact, I did. Didn't happen.
gribble: Next difficulty estimate | 17471712.2288 based on data since last change | 4610091.30003 based on data for last three days
Chaang-Noi: ahh sex time, yeah i have done over 2 hours before but not for a while.... 30 mins to an hour is fine...
mircea_popescu: yest i made shrimp in white sauce with garlic + pasta, took like 25.
Chaang-Noi: yeah, but sex is so much better than food
Chaang-Noi: if im goig to spend 1 hour doing something its going to be sex, not cooking:)
Diablo-D3: hell, I wouldn't mind doing 8 hours on a meal
Diablo-D3: depends entirely what you're doing
gribble: Current Blocks: 223776 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 2015 blocks | Next Difficulty In About: 1 week, 5 days, 16 hours, 9 minutes, and 3 seconds | Next Difficulty Estimate: 17471712.2288 | Estimated Percent Change: 300.00477
Namworld: not sure we're forked... but looks like someone could do a 50% +
Namworld: unless BFL is testing on top of ASICMINER
mod6: yeah, they're showing 3m estimated
mod6: much different than the numbers gribble is giving
mod6: even the diff change is saying 914 blocks, and gribble is saying 2015 blocks
thestringpuller: or is the estimate highest the farther away the next retarget it
gribble: Next difficulty estimate | 17471712.2288 based on data since last change | 4610091.30003 based on data for last three days
gribble: Current Blocks: 223778 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 2013 blocks | Next Difficulty In About: 1 week, 5 days, 12 hours, 4 minutes, and 28 seconds | Next Difficulty Estimate: 12559483.346 | Estimated Percent Change: 187.54212
blu3gr1ffon: cool, you made me .7btc mr. mircea_popescu
mircea_popescu: just as soon as im done cooking the motherfucking books
Namworld: It's more of being a PITA than being hard.
ThickAsThieves: "This is not the apocalypse. It's just dumb," Mr. Obama told reporters
Bugpowder: mircea_popescu: What is the basis for your difficulty prediction?
assbot: [BTCTC] [BTC-MINING] 8 @ 0.03401 = 0.2721 BTC [-]
Bugpowder: "Bitcoin next difficulty looks like 17mn, a 300%ish increase. Possibly largest gap since the very early days."
gribble: Next difficulty estimate | 5830327.65884 based on data since last change | 4610091.30003 based on data for last three days
Bugpowder: that was like 15 minutes ago though
assbot: [MPEX] [S.MPOE] 5000 @ 0.00074307 = 3.7154 BTC [-]
assbot: [MPEX] [S.MPOE] 6550 @ 0.00074306 = 4.867 BTC [-]
assbot: [MPEX] [S.MPOE] 1250 @ 0.00074306 = 0.9288 BTC [-]
mod6: i just got an email from my bank...they'd like me to donate some food to them.
kakobrekla: "people guarding the safes are hungry, f1"
mircea_popescu: now let's see if we can get this shit past the auditors
imsaguy: There's really not much to cook
mircea_popescu: imsaguy i gave up the weird cash-basis monstrosity i was doing last month
mircea_popescu: because if i kept up with it the report would have been literally uninteligible
imsaguy: just hire smickles already
imsaguy: oh, I thought jesus was coming again
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.35 = 0.7 BTC [+]
gribble: smickles was last seen in #bitcoin-assets 2 weeks, 6 days, 16 hours, 36 minutes, and 3 seconds ago: <smickles> pong
jcpham: i bet smickles killed someone
jcpham: and he's just laying low
jcpham: he's 182% gangster to the core, that smickles
mircea_popescu: the person that i'm pretending to be pretending to be or somesuch found it for me. imagine, a girl actually read bfl forums!
jurov: bitbet referrals need whole addy or firstbits are okay?
[\\\]: I'm gonna make a bunch of claims, but then turn around and make a disclaimer that the claims could be false
[\\\]: He's too busy to do his own research but not too busy to make the initial claim
mircea_popescu: moreover... he disclaims whether bitbet is in fact owned by me or not
mircea_popescu: because you see, there's some girl that keeps beating up on him on the interwebs
[\\\]: "one more day, I promise"
[\\\]: cross my heart, hope to die.
[\\\]: ok fine, I hope you die.
assbot: [BTCTC] [GSDPT] 15 @ 0.00611 = 0.0917 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.0061 BTC [-]
[\\\]: I'll take your word for it, panda.
assbot: [BTCTC] [GSDPT] 100 @ 0.00609 = 0.609 BTC [-]
[\\\]: oh wait, inaba said you're a liar
[\\\]: and mommy said I can't talk to liars.
assbot: [HAVELOCK] [HIM] 6 @ 1.7 = 10.2 BTC [-]
mircea_popescu: ya except after mpoe-pr walked all over his face on btctalk he has to say it in blfcloset
[\\\]: its easier to make up the rules in your own sandbox
mircea_popescu: "This person seams pretty sure of him self to bet so much money that we wont be seeing
mircea_popescu: A shipment before march, this has me a little worried."
[\\\]: are there april bets yet?
[\\\]: how about may or june?
[\\\]: I wouldn't take the avalon
mircea_popescu: in any case this makes me realise, bet arbitraging is now possible. yes one no the other or we
[\\\]: avalon has at least proven a device
[\\\]: even if not shipping en masse
[\\\]: what did kanoi hack on?
[\\\]: they shipped him to bfl to develop software, but what did he test with?
FonziSource: the avalon is not the quality i would expect
[\\\]: FonziSource: I'd expect there to be revisions between what Jeff got and what everyone else will receive
mircea_popescu: my guess would be thatm ost actual units would struggle to reach the prototype performance
FonziSource: but if the only bug is that it hangs every so x
FonziSource: i'd reboot it prior to x and have a coke and a smile too
[\\\]: the windows miners still like to freak out after 5 days
[\\\]: so its not much different
[\\\]: schedule the reboot and be done
[\\\]: it is a bug in cgminer
[\\\]: don't tell them that tho
[\\\]: they'll blame windows
FonziSource: but I've got a cgminer running now since november on linux
[\\\]: but basically, there were a few versions of cgminer that run for weeks
[\\\]: the new versions don't anymore
[\\\]: there's a leak somewhere :D
[\\\]: mircea_popescu: the whole stratum thing is forcing upgrades
mircea_popescu: from what i gather the stratum is kinda unavoidable tho
FonziSource: cgminer version 2.4.0 - Started: [November 29, 2012, 12:47 pm] Rig: leviathan
FonziSource: (avg): 1040.85 Mh/s | Q:1714540 A:1896580 R:19689 HW:0 U:14.31/m ST:2258 DW:414493 NB:15431 LW:4265417 GF:292 RF:658
pigeons: no you can avoid if if you use Luke-Jr's bfgnet
Luke-Jr: pigeons: I don't maintain BFGMiner old versions very long either
gribble: Current Blocks: 223785 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 2006 blocks | Next Difficulty In About: 1 week, 5 days, 18 hours, 38 minutes, and 58 seconds | Next Difficulty Estimate: 5112621.65753 | Estimated Percent Change: 17.05052
Luke-Jr: thought [\\\] should know better, and use it since it's got less bugs :P
pigeons: doesnt eligius support another overlay protocol in addition to stratum as an alternative?
Luke-Jr: pigeons: Eligius supports standard GBT of course
pigeons: that's what i was looking for
pigeons: the name of gbt as an alternative to stratum
mircea_popescu: ackageShell provides an environment for software packages to run in.
topace: has sdice dividend been announced yet ?
kakobrekla: ah i see im late to the party, was this was already beaten moments ago
midnightmagic: Hey wasn't there a bet that Josh (from BFL) did about BFL delivery times not that long ago?
assbot: [MPEX] [S.MPOE] 5000 @ 0.0007499 = 3.7495 BTC [+]
assbot: [MPEX] [S.MPOE] 5262 @ 0.00074991 = 3.946 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00075999 = 3.8 BTC [+]
assbot: [MPEX] [S.MPOE] 21238 @ 0.00076 = 16.1409 BTC [+]
assbot: [BTCTC] [GSDPT] 100 @ 0.006 = 0.6 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00610824 = 0.6108 BTC [-]
assbot: [MPEX] [S.DICE] 900 @ 0.00610823 = 5.4974 BTC [-]
mircea_popescu: kakobrekla especially as bet was made after the new diff lol
assbot: [BTCTC] [GSDPT] 138 @ 0.006 = 0.828 BTC [-]
mircea_popescu: midnightmagic if you mean the bitbet thing it closed recently.
topace: mircea_popescu: doh i was hoping it would come today so i coud not work this weekend :p
midnightmagic: mircea_popescu: Oh, does the site not escrow bets?
jurov: kakobrekla, that 3-75-million bet wasn't very visible. i remember myself thinking about it, but then it scrolled down into oblivion
assbot: [HAVELOCK] [KCIM] 1 @ 1 BTC [+]
mircea_popescu: i guess after this march 1st bfl will stand for butteryfly lols
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00601 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 0.99 BTC [-]
midnightmagic: mircea_popescu: What the hell is that last comment bitching at you then..?! When one bets, they actually send BTC to the site right? Who mediates ambiguous bets?
assbot: [HAVELOCK] [KCIM] 2 @ 0.99 = 1.98 BTC [-]
midnightmagic: mircea_popescu: Scroll way down to the "I am done using this site."
mircea_popescu: if you grep the log there was some wtfing about it earlier
mircea_popescu: "The Electronic Privacy Information Center (EPIC) has filed Freedom of Information Act lawsuit against the Department of Homeland Security, in response to a failure by the agency to release any documents pertaining to the “Emergency Wireless Protocols,” (Standard Operating Procedure 303 or “SOP 303″)."
mircea_popescu: the lol is strong with this one. this sop 303 thing is supposedly the procedure of how to turn off internets.
assbot: [BTCTC] [GSDPT] 5 @ 0.006 = 0.03 BTC [-]
midnightmagic: Doesn't SOP usually imply something that's done all the time?
assbot: [BTCTC] [GSDPT] 1 @ 0.006 BTC [-]
mircea_popescu: in obamaworld things that were never done and can't in principle be done apparently qualify.
jurov: There will be legal action resulting in injuction against or outright ban of sale of Google Glasses (or equivalent Google product) country-wide or state-wide in any country or US state, effective before 1st January 2014. Cited reason may be privacy concerns, patent violation or anything other.
midnightmagic: mircea_popescu: Seriously man. I make fucking awesome coffee.
jurov: is such bet preliminary acceptable?
jurov: what? they're already banned somewhere?
jurov: midnightmagic enjoy. i'll keep gulping here this instant shit with stevia.
jurov: well it's too broad scope... maybe they'll get banned in baluchistan and we won't know it
assbot: [BTCTC] [BTC-BOND] 299 @ 0.01 = 2.99 BTC [+]
jurov: i said us state or anywhere else
jurov: maybe limit it to US state or EU country
jurov: submitted. we'll see.
assbot: [HAVELOCK] [HIM] 2 @ 1.7 = 3.4 BTC [-]
gribble: BTCUSD ticker | Best bid: 34.48000, Best ask: 34.50999, Bid-ask spread: 0.02999, Last trade: 34.48001, 24 hour volume: 61642.33337937, 24 hour low: 30.90200, 24 hour high: 34.90000, 24 hour vwap: 33.38684
assbot: [HAVELOCK] [SDICE] 1 @ 0.6835 BTC [-]
SudsyForce: written, produced, and directed by Chris Robinson
SudsyForce: Two slave brothers, one black, one an albino, discover a treasure map which is taken from them by their foreman. They take it back but are pursued by the foreman. Originally, the foreman seeks the aid of two bounty hunters who pursue the protagonists throughout the film. At the end, both the foreman and the bounty hunters catch up with the two escaped slaves, and the foreman has a change of heart, helping to kill the bounty hunters.
☟︎ assbot: [MPEX:S.MPOE] 1D: 0.0007147 / 0.00075292 / 0.00076 (264833 shares, 199.40 BTC), 7D: 0.00061614 / 0.00069845 / 0.00078 (17743462 shares, 12,393.01 BTC), 30D: 0.0006153 / 0.00067298 / 0.00078 (67591125 shares, 45,487.52 BTC)
assbot: [BTCTC] [GSDPT] 2241 @ 0.006 = 13.446 BTC [-]
assbot: [MPEX] [S.MPOE] 4710 @ 0.00075142 = 3.5392 BTC [-]
fydel: MR mircea_popescu: Is there a way to see the exact trade volumes of the mpex stocks? The graphs on mpex.com are nice but I would like to have more infos, Sir.
assbot: [MPEX:S.MPOE] 1D: 0.0007147 / 0.0007529 / 0.00076 (269543 shares, 202.94 BTC), 7D: 0.00061614 / 0.00069867 / 0.00078 (17683122 shares, 12,354.72 BTC), 30D: 0.0006153 / 0.00067298 / 0.00078 (67573650 shares, 45,476.39 BTC)
mircea_popescu: the 30 day volume comes from the json there for instance
fydel: mircea_popescu: thank you, sir
fydel: kakobrekla: thank you,,this looks nice
gribble: smickles was last seen in #bitcoin-assets 2 weeks, 6 days, 19 hours, 35 minutes, and 11 seconds ago: <smickles> pong
assbot: [BTCTC] [BASIC-MINING] 45 @ 0.35 = 15.75 BTC [+]
assbot: [MPEX] [TEST] [PAID] 1.23456789 BTC to 1`000`000 shares, 0.00000123BTC per share
assbot: [BTCTC] [COGNITIVE] 15 @ 0.2999 = 4.4985 BTC [-]
gribble: Next difficulty estimate | 4920122.48034 based on data since last change | 4642001.13651 based on data for last three days
assbot: [BTCTC] [COGNITIVE] 38 @ 0.2999 = 11.3962 BTC [-]
assbot: [MPEX] [S.BBET] [PAID] 2.72083959 BTC to 5`000`000 shares, 0.00000054 BTC per share
mircea_popescu: tho it'd prolly be a good idea if per share div was quoted in satoshi
assbot: [HAVELOCK] [HIM] 1 @ 1.6 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.35 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.6805 = 4.083 BTC [-]
assbot: [BTCTC] [BTC-BOND] 2 @ 0.01 = 0.02 BTC [+]
mjr_: mpex website is down?
Bugpowder: hey dudes, got a little troubleshooting question
Bugpowder: importing a cold wallet.dat into my main bitcoin-qt client
Bugpowder: despite it showing the right addresss
Bugpowder: and being fully synced with network
Bugpowder: Will that redownload the blockchain?
kakobrekla: -rescan Rescan the block chain for missing wallet transactions
Bugpowder: could it potentially damage my hot wallet?
Diablo-D3: I really should beat Ukto with a cluebat
kakobrekla: well bitcoin can potentially do preetymuch anything including with stabbing you in the face
gribble: BTCUSD ticker | Best bid: 34.82300, Best ask: 34.84999, Bid-ask spread: 0.02699, Last trade: 34.82300, 24 hour volume: 37832.17788346, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.18692
Bugpowder: I am trying to move my main stash into cold storage, just testing how it works now
Bowjob: bug, had you been so stubborn you woulda been crushed by your puts
Bowjob: I'm looking at private islands for a near future purchase.. i wonder which one's the best value for buck
Diablo-D3: Ukto: you don't accept bitcoins directly
Ukto: hopefully in the next 30 days
Ukto: new stuff will be in effect
Ukto: that will make your head spins
FabianB: mircea_popescu: mpex dossed again?
assbot: [MPEX] [S.MPOE] 13000 @ 0.00075557 = 9.8224 BTC [+]
assbot: [BTCTC] [GSDPT] 100 @ 0.006389 = 0.6389 BTC [+]
Bugpowder: now we wait for the weekend dip...
assbot: [BTCTC] [S.MPOE-PT] 25 @ 0.00072 = 0.018 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 925 @ 0.00073 = 0.6753 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+]
Bowjob: "Lessons learned. Batch #2 process will have improvements, minor design adjustments and other goodies."
Bugpowder: that is like $15,000 down the tubes
Bowjob: theres more avalons than we discovered
Bowjob: but why did both fuck up at the exact same time?
Bugpowder: he stacked them on top of each other
assbot: [HAVELOCK] [SDICE] 5 @ 0.6795 = 3.3975 BTC [-]
Bowjob: hopefull batch two will resolve that
assbot: [BTCTC] [GSDPT] 11 @ 0.006389 = 0.0703 BTC [+]
mircea_popescu: bowjob that avalon bet adjustment seems prescient in retrospect huh
assbot: [HAVELOCK] [SDICE] 35 @ 0.68 = 23.8 BTC [+]
assbot: [MPEX] [O.BTCUSD.P310T] 1000 @ 0.11319853 = 113.1985 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00075999 = 3.8 BTC [+]
assbot: [MPEX] [S.MPOE] 9700 @ 0.00076 = 7.372 BTC [+]
mircea_popescu: "Sir, they are two avalon located in different rooms. No one touch them because they are all working well last night before I went to sleep."
mircea_popescu: has the distinct sound of ruined family hopes and aspirations to it.
jurov: if anyone desperately needs to place orders, mpex.coinbr.com still works
Bowjob: im withholding my bet.. im uncertain'
Bowjob: I already bet $1500 on avalon anyyway
jurov: mircea_popescu , no comment? it's ddos?
jurov: i can't access mpex.co .. times out
assbot: [HAVELOCK] [SDICE] 12 @ 0.685 = 8.22 BTC [+]
mircea_popescu: interesting, are you going through the same hub as fabian ?
mircea_popescu: <assbot> [MPEX] [O.BTCUSD.P310T] 1000 @ 0.11319853 = 113.1985 BTC [-]
mod6: i havent had any problems
kakobrekla: does this pinkhouse have a street address?
mircea_popescu: jurov it looks like atlas.cogentco is having issues and perhaps dropping packets
jurov: good you have put the proxies in place, i just switched
jurov: interesting that from my bitvps from zurich it works
Bowjob: basically theres more avalons in the wild than we previously thought
Bowjob: so.. 298/300 avalons work
Bowjob: One thing that bothers me.. 2 of them shut off at the exact same time
assbot: [HAVELOCK] [SDICE] 2 @ 0.685 = 1.37 BTC [+]
gribble: (later tell <nick> <text>) -- Tells <nick> <text> the next time <nick> is in seen. <nick> can contain wildcard characters, and the first matching nick will be given the note.
gribble: BTCUSD ticker | Best bid: 34.27669, Best ask: 34.58835, Bid-ask spread: 0.31166, Last trade: 34.27626, 24 hour volume: 41270.19696629, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.26412
gribble: A market order to sell 10000 bitcoins right now would net 333181.4110 USD and would take the last price down to 32.5000 USD, resulting in an average price of 33.3181 USD/BTC.
gribble: A market order to sell 100000 bitcoins right now would net 2800852.7112 USD and would take the last price down to 19.5000 USD, resulting in an average price of 28.0085 USD/BTC.
gribble: This order would exceed the size of the order book. You would buy 71717.994 bitcoins, for a total of 16174263427823.8477 USD and take the price to 13370133701337.0000.
gribble: A market order to buy 1000 bitcoins right now would take 34837.9787 USD and would take the last price up to 34.9100 USD, resulting in an average price of 34.8380 USD/BTC.
gribble: A market order to buy 10000 bitcoins right now would take 352432.4425 USD and would take the last price up to 35.9775 USD, resulting in an average price of 35.2432 USD/BTC.
thestringpuller: We very well may soon see how many bitcoins have actually been lost...
gribble: A market order to sell 1000000 bitcoins right now would net 4530174.0465 USD and would take the last price down to 0.0100 USD, resulting in an average price of 4.5302 USD/BTC.
jurov: <thestringpuller> 99% of all Avalon's work, seems like a good job. A+ no? <<<sauce?
jurov: where are all the other 98% ?
jurov: in other news, coinbr unanimously voted to pay me bonuses
jurov: few trillions satoshis
jurov: thestringpuller oh you just made fun, i see
Bowjob: i want to see 1 satoshi 1 cent
jurov: i can buy the satoshi for 1.5 cents
jurov: and we'll push the tx to assbot thus making them official
Bowjob: does paypal even allow 1 cent txs
assbot: [MPEX] [S.DICE] 100 @ 0.00637772 = 0.6378 BTC [+]
assbot: [MPEX] [S.DICE] 300 @ 0.00637773 = 1.9133 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00637775 = 6.3778 BTC [+]
assbot: [MPEX] [S.DICE] 4900 @ 0.00637776 = 31.251 BTC [+]
assbot: [MPEX] [S.DICE] 24700 @ 0.00637777 = 157.5309 BTC [+]
jurov: you remember the story about detergent becoming..er..money?
jurov: i think that was least scammy money ever
assbot: [MPEX] [S.DICE] 200 @ 0.00637777 = 1.2756 BTC [+]
assbot: [MPEX] [S.MPOE] 14400 @ 0.00075557 = 10.8802 BTC [-]
assbot: [MPEX] [S.MPOE] 9900 @ 0.00075142 = 7.4391 BTC [-]
assbot: [MPEX] [O.BTCUSD.P330T] 750 @ 0.14253227 = 106.8992 BTC [-]
assbot: [HAVELOCK] [SDICE] 15 @ 0.6675 = 10.0125 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.667 = 2.001 BTC [-]
assbot: [HAVELOCK] [SDICE] 38 @ 0.645 = 24.51 BTC [-]
jurov: pity that beercoin didn't catch up
jurov: named nationals would mightily disagree
jurov: and thestringpusher is from burkina faso
mircea_popescu: turks fuck their wives in the ass. russians beat them up.
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00639 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00639 BTC [+]
assbot: [BTCTC] [GSDPT] 2 @ 0.006388 = 0.0128 BTC [-]
Bugpowder: We learn nothing from that experiment
Bugpowder: I proposed that expt to a postdoc in his lab and he was like... Yah I'm not supposed to say anything but we already have done that
Bugpowder: Nicolelis has a great sense for sexy science
assbot: [BTCTC] [GSDPT] 98 @ 0.006388 = 0.626 BTC [-]
thestringpuller: Professor Bugpowder, you should take bribes from your students in BTC.
assbot: [BTCTC] [GSDPT] 1120 @ 0.006389 = 7.1557 BTC [+]
assbot: [BTCTC] [GSDPT] 100 @ 0.00639 = 0.639 BTC [+]
assbot: [BTCTC] [GSDPT] 4731 @ 0.00639 = 30.2311 BTC [+]
assbot: [BTCTC] [GSDPT] 2241 @ 0.0064 = 14.3424 BTC [+]
assbot: [BTCTC] [GSDPT] 6659 @ 0.00641 = 42.6842 BTC [+]
assbot: [MPEX] [O.BTCUSD.P390T] 750 @ 0.23606086 = 177.0456 BTC [-]
mircea_popescu: hahaha so basically avalon 1st april delivery bet is about to overtake bfl 1st april delivery.
Bowjob: dont i get anything for that bet
Bowjob: i didnt take a side however
mircea_popescu: then yes, when it settles. your addy should be on one of the inputs
gribble: BTCUSD ticker | Best bid: 34.02125, Best ask: 34.02600, Bid-ask spread: 0.00475, Last trade: 34.02124, 24 hour volume: 43518.84638286, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.27453
mod6: here comes some coins!
Bowjob: oh yeah, weekend dip. nothing to worry about
Bowjob: i wanna sell my avalon batch 2 as a collectors item someday
Bowjob: might fetch quite a price at sotheby's
gribble: BTCUSD ticker | Best bid: 33.37000, Best ask: 33.40000, Bid-ask spread: 0.03000, Last trade: 33.40000, 24 hour volume: 46971.71104167, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.23265
Bowjob: the bears are attacking
Bowjob: brb, dumping. see you at single digits
mircea_popescu: "161 arrested in Saudi Arabia protest over detentions, including 15 women and 6 children"
Bowjob: saudi people are very good at beheading
Bowjob: way better than the mexicans
mircea_popescu: the old jewish story about "when they finally came for me there was no one else around"
gribble: Error: "bc,stat" is not a valid command.
gribble: Current Blocks: 223830 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 1961 blocks | Next Difficulty In About: 1 week, 5 days, 17 hours, 36 minutes, and 37 seconds | Next Difficulty Estimate: 4843098.93958 | Estimated Percent Change: 10.87995
gribble: BTCUSD ticker | Best bid: 33.71000, Best ask: 33.89879, Bid-ask spread: 0.18879, Last trade: 33.89879, 24 hour volume: 60515.34646797, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.09078
mod6: someone's back'in up the truck
maximian: well, that dump was absorbed easily
mod6: shorts have been getting crushed
gribble: BTCUSD ticker | Best bid: 34.02502, Best ask: 34.13582, Bid-ask spread: 0.11080, Last trade: 34.13583, 24 hour volume: 62126.92918597, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.08840
kakobrekla: you need to find 2 blocks and you are even
mod6: gtfo you don't have any of those lol
mod6: if I push you 44BTC you'll send?
kakobrekla: 03:47.20 ( kakobrekla ) not mine, but i wouldnt mind.
mod6: im like dude, i want one!!!
mod6: you probably would have scammed me for 2
mod6: not you FabianB_, scammar kakobrekla
mod6: tryin to pull the ole "i got asic's!!!" one on mod6
mod6: well, then I saw another like 10000 show up on the ask side.
mod6: but yeah, the first 10000 did!
mod6: lets see what gribble says
gribble: There are currently 0 bitcoins offered at or under 33.0 USD, worth 0.0 USD in total.
gribble: There are currently 5933.3105 bitcoins offered at or under 35.0 USD, worth 206963.560478 USD in total.
gribble: BTCUSD ticker | Best bid: 33.69391, Best ask: 33.84351, Bid-ask spread: 0.14960, Last trade: 33.84351, 24 hour volume: 62235.33867428, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.08873
mod6: yeah, i think my clark moody was screwed up
mod6: i wish kako had those asics
mod6: one of those guys from the other night was like, "LETS GET TWO!!" heh
mod6: they're something of a unicorn methinks
gribble: BTCUSD ticker | Best bid: 33.66001, Best ask: 33.89669, Bid-ask spread: 0.23668, Last trade: 33.65062, 24 hour volume: 62649.19977577, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.08709
gribble: BTCUSD ticker | Best bid: 34.41001, Best ask: 34.42509, Bid-ask spread: 0.01508, Last trade: 34.40738, 24 hour volume: 62436.63064572, 24 hour low: 32.92000, 24 hour high: 34.90000, 24 hour vwap: 34.09427
mircea_popescu: "stabilization of expected inflation..are products of the increasing credibility of the Fed's commitment to price stability"
assbot: [BTCTC] [BITVPS] 1 @ 0.00412 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.00198 = 0.0198 BTC [-]
assbot: [MPEX] [S.MPOE] 10690 @ 0.00075142 = 8.0327 BTC [-]
assbot: [MPEX] [S.MPOE] 1860 @ 0.00074926 = 1.3936 BTC [-]
ThickAsThieves: I get Error: Xcoind backend failure in getbalance at 774
assbot: [MPEX] [O.BTCUSD.C330T] 8 @ 0.26455015 = 2.1164 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.681 = 2.043 BTC [+]
Chaang-Noi: bet right, still lose money however is fucking lol
ThickAsThieves: but i also kinda fon't care about people trying to sneak bets in at low risk
Chaang-Noi: well people should not make a bet when weight is only 75 out of 100,000
mircea_popescu: <ThickAsThieves> but i also kinda fon't care about people trying to sneak bets in at low risk << this.
Chaang-Noi: yeah, people who like btc love gambling
mircea_popescu: i think people love gambling a liot more than anyone suspects
ThickAsThieves: i had someone justify scratch tickets to me the other day
B0g4r7: I liked scalping BoB bets. Lately they've stopped me tho.
ThickAsThieves: i think one appealing aspect of the company retaining shares as payment
ThickAsThieves: on the fly i mean, like while checking out stock prices on the exchanges
ThickAsThieves: you dont need to memorize or look up how many shares are public
mircea_popescu: so, normal company. issues 100 shares, makes 100 profit, retains 30% pays out 70%. dividend is .7 per share
mircea_popescu: weirdo glbse abomination : issues 100 shares, of which it sells 70 and keeps 30 "for growth". makes 100 profit now it pays out 1 per share
mircea_popescu: except each actual share gets a further .3 from the retainment
mircea_popescu: and then later maybe it sells some of the "kept" shares
mircea_popescu: in general it's just a way to equivocate ownership, which practically works as a way for the operator to steal equity.
Chaang-Noi: mp, i was told if we deposit 1000 btc on mpex we get a free account. true or not?
mircea_popescu: Hi there, I would like to start correspondence with you, i have seen your profile and i'm very interested. I'm looking for loyal, romantic and intelligent guy for serious relations.
BitHub: that's cheating spamming whore
mircea_popescu: I dunno dood. she signs "Respectfully yours, Tanya" and her email is Sorokian83@yandex.ru
BitHub: don't let her go bro, follow your heart
mircea_popescu: "[WTB] $ Get Me a Digital File(s) From the Internet $ johnniewalker"
mircea_popescu: gotta love this stuff. asicminer/bitfountain dropped the ball on handling their shares ?
mircea_popescu: perhaps the next company learns to be less retarded from this.
assbot: [MPEX] [S.MPOE] 10100 @ 0.00074766 = 7.5514 BTC [+]
assbot: [MPEX] [S.MPOE] 600 @ 0.0007476 = 0.4486 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.00610823 / 0.00637054 / 0.00637777 (37300 shares, 237.62 BTC), 7D: 0.00578039 / 0.00624256 / 0.00638999 (351758 shares, 2,195.87 BTC), 30D: 0.0042 / 0.00601894 / 0.007395 (6807830 shares, 40,975.93 BTC)
gribble: Next difficulty estimate | 4194032.01349 based on data since last change | 4324654.12955 based on data for last three days
assbot: [BTCTC] [LTC-MINING] 1 @ 0.398 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.1 = 0.2 BTC [+]
assbot: [BTCTC] [SYNERGY] 2 @ 0.1199 = 0.2398 BTC [+]
assbot: [BTCTC] [B.YABMC] 18 @ 0.00849 = 0.1528 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 7 @ 0.35 = 2.45 BTC [+]
assbot: [BTCTC] [B.YABMC] 8 @ 0.00849 = 0.0679 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20845732 = 208.4573 BTC [+]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23388811 = 233.8881 BTC [+]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26266949 = 262.6695 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 8 @ 0.27533866 = 2.2027 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 992 @ 0.29501916 = 292.659 BTC [+]
mircea_popescu: Chaang-Noi what you're probably thinking about is the fact that if you trade worth somethign like a few k's worth you make your mpex reg fee back out of the fees difference.
BitHub: who will document these beautiful creatures?
Chaang-Noi: mp it was something your pr girl told theymos
mircea_popescu: yeah, but that was strictly an offer related to his forum moneyz.
mircea_popescu: like a one off sort of thing. (he missed out on it too)
Chaang-Noi: just wondering, i passed up the free account with no string attached anyway.
Chaang-Noi: i kinda found why he was doing that with the forum moneies, he wanted to do fraction reserves...
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.0906 = 0.1812 BTC [+]
mircea_popescu: from what i recall you got really hot and bothered because you missent something like a 1 btc
Chaang-Noi: i passed it up cuz i assumed an exchange with high fees would never work, and other than s,dice that seems to be true, and i think s.dice is way to high and i would not ahve invested in it anyway.
BitHub: my lawyer advised me to not use mpex
Chaang-Noi: lol, why did you waste your lawyers time? what did you really think he would say?
Chaang-Noi: what lawyer anywhere would think an unregistered stock exchange in fake internet money was a good idea??
mircea_popescu: well inasmuch as it's fake internet money, what diff does it make.
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20812111 = 208.1211 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23354686 = 233.5469 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26232486 = 262.3249 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29467593 = 294.6759 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.68 = 5.44 BTC [+]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20807672 = 208.0767 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23350323 = 233.5032 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26228253 = 262.2825 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29463549 = 294.6355 BTC [-]
error4733: can some1 can explain thids for me please ?
error4733: still a noob for this kind of stuff
mircea_popescu: but i guess the person is probably going for the psychological 50
error4733: what the name of this order ? (needed for google)
error4733: thanks ;) i told you i'm a noob hehe
mircea_popescu: dude if we have a new max in feb and break 50 in march...
gribble: There are currently 38136.24 bitcoins offered at or under 47.0 USD, worth 1443933.18817 USD in total.
gribble: There are currently 18088.055 bitcoins offered at or under 37.0 USD, worth 641235.039706 USD in total.
mircea_popescu: mil and a half. somehow it doesn't look like much at all.
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20803246 = 208.0325 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23345974 = 233.4597 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26224033 = 262.2403 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29459517 = 294.5952 BTC [-]
Bugpowder: If its that other big fish, it will prob tank within 24 hours
assbot: [MPEX] [S.DICE] 10000 @ 0.0063777 = 63.777 BTC [-]
assbot: [HAVELOCK] [SDICE] 27 @ 0.646 = 17.442 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.646 = 12.92 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.6455 = 1.9365 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.6452 = 1.9356 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.6451 = 7.7412 BTC [-]
assbot: [HAVELOCK] [SDICE] 35 @ 0.642 = 22.47 BTC [-]
assbot: [MPEX] [S.DICE] 5000 @ 0.0063777 = 31.8885 BTC [-]
error4733: ? i'm still drunk ? those order should normlay got a [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.642 = 12.84 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.665 = 4.655 BTC [+]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20799254 = 207.9925 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23342052 = 233.4205 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 18 @ 0.262 = 4.716 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 982 @ 0.26220227 = 257.4826 BTC [+]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29455881 = 294.5588 BTC [-]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00000027 / 0.00000041 / 0.00000045 ( shares, 0.00 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 26.99890377 / 41.78034705 / 44.6280476 ( shares, 8,354.47 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
ThickAsThieves: so the more people factor this OIX into their decisions, the more it manifests it's own value
mircea_popescu: ok so, the low is put oix, the high is call oix, the avg is mixed oix.
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 26.99890377 / 41.78034705 / 44.6280476 (no shares, 8,354.47 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mircea_popescu: ThickAsThieves well possibly. i think it's not heavy enough yet to trade.
mircea_popescu: maybe a decent idea for a PT, but i'd be loath to introduce it to mpex, have someone dump 5k on it
mircea_popescu: when itself it's only based on like 8k atm and may at any time zero out even
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20795276 = 207.9528 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23338143 = 233.3814 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26216435 = 262.1644 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29452258 = 294.5226 BTC [-]
mircea_popescu: actually it would prolly make a wunderbar hedge for anchoring tyhings like ltc
mircea_popescu: ThickAsThieves in a sense. it takes the bot out of the offer market, so he might be able to offer them back at w/e price suits him
ThickAsThieves: i think there's a lot of potential for playing ltc assets and ltc in general against btc
mircea_popescu: it's unlikely you'd make a oix bet that's too big in ltc, because ltc is kinda small.
ThickAsThieves: even a 5000ltc buy at the right time of day sways the price for a while
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20790871 = 207.9087 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23333813 = 233.3381 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26212234 = 262.1223 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29448245 = 294.4825 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20734514 = 207.3451 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23274072 = 232.7407 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26148834 = 261.4883 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29382066 = 293.8207 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20730639 = 207.3064 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23270264 = 232.7026 BTC [-]
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
assbot: [MPEX] [O.BTCUSD.C330T] 642 @ 0.26145139 = 167.8518 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 697 @ 0.29378535 = 204.7684 BTC [-]
ThickAsThieves: so now i should call in some recent people i transacted with to get some ratings in there right?
gribble: Currently authenticated from hostmask ThickAsThieves!ThickAsThi@c-98-231-58-41.hsd1.fl.comcast.net . User thickasthieves, rated since Sat Mar 2 08:19:18 2013. Cumulative rating 1, from 1 total ratings. Received ratings: 1 positive, 0 negative. Sent ratings: 0 positive, 0 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=thickasthieves assbot: [HAVELOCK] [HIM] 9 @ 1.6 = 14.4 BTC [-]
jurov: _;;rate ThickAsThieves -10 welcome
assbot: [BTCTC] [COGNITIVE] 1 @ 0.3 BTC [+]
topace_: mircea_popescu: in the push receipt, quantity will be split with a thousands separator right? like 1`456`231 ?
topace_: Your order to push 1xS.DICE ...etc
topace_: ah k thanks. just /[0-9]+/ then?
mircea_popescu: incidentally : you can test push by pushing to your own account
topace_: im _almost_ ready to do a test :)
mircea_popescu: it person is like "yes, you said no separators there because people may want to use it programatically"
topace_: well programatically i wouldnt care, just need to konw one way or another
topace_: no difference between /[0-9`]+/ and /[0-9]+/
assbot: [BTCTC] [COGNITIVE] 30 @ 0.3 = 9 BTC [+]
B0g4r7: I don't know the story, but if the fees are disclosed in the terms and he didn't read or agree to them, then tough hash.
assbot: [MPEX] [S.MPOE] 6771 @ 0.0007476 = 5.062 BTC [-]
assbot: [MPEX] [S.MPOE] 1671 @ 0.00074398 = 1.2432 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.6799 BTC [+]
mjr_: whats new everyone?
topace_: just finishing my mpex->havelock push code
topace_: looking for testers soon :)
assbot: [BTCTC] [BTC-BOND] 10 @ 0.01 = 0.1 BTC [+]
assbot: [MPEX] [S.MPOE] 7794 @ 0.00074398 = 5.7986 BTC [-]
assbot: [MPEX] [S.MPOE] 41791 @ 0.00073993 = 30.9224 BTC [-]
assbot: [MPEX] [S.MPOE] 4446 @ 0.00073886 = 3.285 BTC [-]
gribble: BTCUSD ticker | Best bid: 34.00002, Best ask: 34.09012, Bid-ask spread: 0.09010, Last trade: 34.09012, 24 hour volume: 45679.51468007, 24 hour low: 33.15000, 24 hour high: 34.88000, 24 hour vwap: 34.01969
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message)
mjr_: is there a unicode character for bitcoin yet?
jurov: someone used faucet to annoying end?
assbot: [MPEX] [S.MPOE] 4446 @ 0.00075672 = 3.3644 BTC [+]
assbot: [MPEX] [S.MPOE] 23938 @ 0.00075673 = 18.1146 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00075712 = 7.5712 BTC [+]
assbot: [MPEX] [S.MPOE] 14713 @ 0.00075713 = 11.1397 BTC [+]
assbot: [MPEX] [S.MPOE] 8427 @ 0.00075999 = 6.4044 BTC [+]
assbot: [MPEX] [S.MPOE] 37974 @ 0.00076 = 28.8602 BTC [+]
assbot: [MPEX] [S.MPOE] 502 @ 0.000763 = 0.383 BTC [+]
jurov: btw, mpex.co is still unavailable from here
Bowjob: now where is that mpoe havelock pt
jurov: maybe i fell into their new anti-ddos filter :(
mircea_popescu: "Evernote resets all passwords after user information stolen in security breach"
jurov: maybe they decided to start one... it's too specific and long-standing to be some routing issue
jurov: mircea, can you pls ask the datacenter or at least give me their email?
jurov: or whoever might be responsible
jurov: "You’ve found Pe fuga …"
mircea_popescu: try ditching your dns service provided by yiour isp and use google instead for a day
jurov: look into the traceroute i put yest, if the ip is correct
assbot: [HAVELOCK] [HIM] 1 @ 1.59 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.588 BTC [-]
assbot: [HAVELOCK] [HIM] 2 @ 1.56 = 3.12 BTC [-]
assbot: [HAVELOCK] [HIM] 3 @ 1.56 = 4.68 BTC [-]
mod6: just got this huge problem fixed
assbot: [HAVELOCK] [HIM] 4 @ 1.55 = 6.2 BTC [-]
mod6: damn grails app was shitting the bed.
kakobrekla: in the news ...Bit4X Affiliate program
kakobrekla: its not taken away, you just dont have the right to withdraw it before that
kakobrekla: costs nothing to register unlike in your case
mircea_popescu: "To protect against the situation where someone deposits, gets the bonus and immediately withdraws this offer is only valid for accounts which trade at least X"
error4733: what is the last div for asicminer ?
Bugpowder: you could have the bonus vest after x days or y trading volume
mircea_popescu: Bitcoin Options Index (^OIX) price sentiment indicator hits all time high ($42.66 / BTC) (self.Bitcoin)
mircea_popescu: Bitcoins price sentiment at a bearish weekly high, still twice as many believe in higher prices within 6 months. You agree? (self.Bitcoin)
Bugpowder: Yah that dude has a little internet vote button
mircea_popescu: it's one of those cases where his point is like the puss in a zit
mircea_popescu: you're sure it must be in there somewhere, but you really don't want to dig it out
assbot: [BTCTC] [BASIC-MINING] 7 @ 0.35 = 2.45 BTC [+]
assbot: [BTCTC] [COGNITIVE] 8 @ 0.3 = 2.4 BTC [+]
mircea_popescu: Bugpowder you're up 12 votes now, and check ouit the comment
jurov: too just looking on it
assbot: [HAVELOCK] [SDICE] 2 @ 0.675 = 1.35 BTC [-]
mircea_popescu: with a little luck the comment'll get more upvotes than the article itself
Bowjob: aight. my electrum wallet doesnt work wtf
assbot: [MPEX] [S.MPOE] 16000 @ 0.00075923 = 12.1477 BTC [-]
assbot: [MPEX] [S.MPOE] 1262 @ 0.00075924 = 0.9582 BTC [+]
assbot: [MPEX] [S.MPOE] 10457 @ 0.000763 = 7.9787 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00076342 = 7.6342 BTC [+]
assbot: [MPEX] [S.MPOE] 14250 @ 0.00076508 = 10.9024 BTC [+]
assbot: [MPEX] [S.MPOE] 11600 @ 0.00076655 = 8.892 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00076844 = 7.6844 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.6799 = 1.3598 BTC [+]
assbot: [MPEX] [S.MPOE] 11500 @ 0.00076944 = 8.8486 BTC [+]
assbot: [MPEX] [O.BTCUSD.P350T] 650 @ 0.2674139 = 173.819 BTC [-]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 27.06923527 / 42.61596516 / 44.80704907 (no shares, 12,332.19 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: BTCUSD ticker | Best bid: 34.19001, Best ask: 34.24800, Bid-ask spread: 0.05799, Last trade: 34.24800, 24 hour volume: 40994.03888350, 24 hour low: 33.15000, 24 hour high: 34.88000, 24 hour vwap: 33.96591
Bugpowder: I just wonder how much of the tracking of it to BTC price is due to the MPOE bot's algorithm vs. true market sentiment
Bugpowder: there is, of course, a limit to how far a put or call imbalance can push the OIX
Bugpowder: also, have you examined its predictive power?
mircea_popescu: actually, there was a point where the oix was pushed to like 90
Bugpowder: whatever you call the option market making bot
mircea_popescu: Bugpowder i think miodterm. i think it was on an otherwise empty book someone buying some weird far out call
Bugpowder: like at this time horizion out, even a 100-0 call put ratio can only push the OIX so high dependent on the call price
assbot: [BTCTC] [GSDPT] 100 @ 0.0064 = 0.64 BTC [+]
Bugpowder: Is the OIX the like CO2? A trailing indicator?
mod6: ahh, its in the vwap now :)
Bugpowder: you, or someone (or me) should look at it's predictive power
Bugpowder: is there historical option trade data available?
mircea_popescu: tell you what, if you promise to write a good statistical analysis and publish it i'll send you the ~300 datapoints on that graph
Bugpowder: Let me consult with my statistical wizard friend
jurov: to me it looks more just glorified call/put sold ratio
Bugpowder: of course if there IS predictive power
jurov: because most of calls have same breakeven point, puts likewise
mircea_popescu: Bugpowder the thing is, my bet is that there is predictive power of arbitrary precision for contiguous subsets
mircea_popescu: it'd only be fair in the fucked sense that term takes in any natural science/
jurov: i found them being +- 1BTC
mircea_popescu: draw the graph if you will, it's a symetrical butterfly.
jurov: so,i remember wrong again.. maybe i considered just narrower range
mircea_popescu: O.BTCUSD.C290T = 0.32626257 ; O.BTCUSD.C590T = 0.06210314
mircea_popescu: there's a very speciffic=looking graph of the options breakeven points if you calc them all out
gribble: 1 BTC = 34.06157 U.S. dollars = 26.1649793 Euros
mircea_popescu: looking at it roughly : A totally took a bite of concrete, B sort of predicted something, but muchkly exaggerated.
gribble: 1 BTC = 34.02000 U.S. dollars = 26.1330466 Euros
Bugpowder: A lot of the option purchases occur when there is a large divergence between realtime spot price and 24hprc
Bugpowder: in which case, we might be able to say (the spot price predicts future 24hprc)
Bugpowder: as filtered through options purchases.
gribble: BTCUSD ticker | Best bid: 34.10101, Best ask: 34.20462, Bid-ask spread: 0.10361, Last trade: 34.02000, 24 hour volume: 40252.89496290, 24 hour low: 33.15000, 24 hour high: 34.88000, 24 hour vwap: 33.95090
assbot: [BTCTC] [S.MPOE-PT] 500 @ 0.00073 = 0.365 BTC [+]
mircea_popescu: the difference is small, yet i just sold 80% of the month's book
Bugpowder: that big option buy today is the exception that proves the rule
assbot: [HAVELOCK] [SDICE] 3 @ 0.67 = 2.01 BTC [-]
mircea_popescu: many times it was the case that large buys didn't match the theory
mircea_popescu: moreover, there was a huge differential for days till yest
mircea_popescu: well it was a good theory, but i don't think it meets the data so far
Bugpowder: well MY options purchases occur during divergence periods
mircea_popescu: but sometimes you made and sometimes you lost on that strategy
mircea_popescu: so in short i doubt the short term anything but weakly predicts the vwap
assbot: [BTCTC] [S.BBET-PT] 94 @ 0.002125 = 0.1998 BTC [+]
gribble: 1 BTC = 34.12900 U.S. dollars = 26.2167768 Euros
assbot: [MPEX] [S.MPOE] 7549 @ 0.00077 = 5.8127 BTC [+]
Bugpowder: love getting SMS from localbitcoins.com
assbot: [MPEX] [S.MPOE] 7382 @ 0.00077 = 5.6841 BTC [+]
assbot: [HAVELOCK] [HIM] 6 @ 1.6 = 9.6 BTC [+]
Bugpowder: just waiting for coins to go up a bit more...
assbot: [HAVELOCK] [SDICE] 20 @ 0.674 = 13.48 BTC [+]
jurov: i'm just engrossed deep into taming mktdepth data to be used in google spreadsheet
jurov: since namworld failed in that
jurov: or he just exhausted all time in making pretty background, dunno
Anduck: remove 30btc fee and make it point + click
Anduck: and preferable drag&drop too
jurov: also, existing coinbr users may want to put their referral link there... but i may as well keep these 0.2% to myself :P
Bugpowder: I liked the previous one 100,000,000% more
assbot: [MPEX] [S.DICE] 110 @ 0.00610825 = 0.6719 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.00610824 = 3.0541 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00610823 = 0.6108 BTC [-]
assbot: [MPEX] [S.DICE] 1747 @ 0.00601401 = 10.5065 BTC [-]
gribble: BTCUSD ticker | Best bid: 34.00501, Best ask: 34.12401, Bid-ask spread: 0.11900, Last trade: 34.12401, 24 hour volume: 37039.65816349, 24 hour low: 33.15000, 24 hour high: 34.80800, 24 hour vwap: 33.87769
mircea_popescu: anyway, off to play path of exile with my all-female clan. bbiab.
assbot: [MPEX] [S.MPOE] 16000 @ 0.00073887 = 11.8219 BTC [-]
assbot: [MPEX] [S.MPOE] 5554 @ 0.00073886 = 4.1036 BTC [-]
assbot: [MPEX] [S.MPOE] 96 @ 0.00073315 = 0.0704 BTC [-]
jurov: fuck, i forgot to run monthly fee :D
Bugpowde_: Wonder how much time he spent on that
thestringpuller: You are my favorite scientist atm. Bill Nye ain't got nuttin on you.
assbot: [MPEX] [O.BTCUSD.P510T] 85 @ 0.71002991 = 60.3525 BTC
assbot: [MPEX] [O.BTCUSD.P490T] 225 @ 0.64837795 = 145.885 BTC
assbot: [MPEX] [O.BTCUSD.P470T] 450 @ 0.58814383 = 264.6647 BTC
assbot: [MPEX] [O.BTCUSD.P450T] 675 @ 0.52952177 = 357.4272 BTC
assbot: [MPEX] [O.BTCUSD.P430T] 815 @ 0.47272814 = 385.2734 BTC
assbot: [MPEX] [O.BTCUSD.P410T] 680 @ 0.41800212 = 284.2414 BTC
assbot: [MPEX] [O.BTCUSD.P390T] 445 @ 0.36560587 = 162.6946 BTC [+]
assbot: [MPEX] [O.BTCUSD.P370T] 295 @ 0.31582454 = 93.1682 BTC
assbot: [MPEX] [O.BTCUSD.P350T] 105 @ 0.26896955 = 28.2418 BTC [+]
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message)
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message)
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 28.20780706 / 40.92334054 / 44.82313733 (no shares, 14,082.43 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
jurov: if i do split and short sell, that sell is counted in, no?
jurov: it should have no regard where the options come from
jurov: anyway based on my spreadsheet shenanigans, the breakeven point is a bit different from real profitability
jurov: from 44.80704907 -> 44.82313733
jurov: avg is the middle number? ah yes
Bugpowde_: Inhibitor23 reddit comment reeks of mp writing it
Bugpowde_: I never answer questions that end with "discuss"
Bugpowde_: Such a presumption that the question is worth discussion!
TradeFortress: Selling up to 100 ASICMINER shares, pm me with offers.
jurov: TradeFortress ask topace he's doing pt
thestringpuller: "mircea, if you were half as smart as you think you are, you wouldn't confuse coinbase and coinlab. you'd also have invented antigravity and a time machine, but that's beside the point." - whatcha have to say about that mr. popescu?
gribble: Error: "id" is not a valid command.
thestringpuller: jurov: is my account just inactive? I don't have to register and blah blah blah aain no?
jurov: you don't have to do anything. but it's good to check just in case
denialdenial: i havve a new nick so waht want to fight about it
jurov: i remember paying out s.bvps to someone who has withdrawn everything (perhaps thinking he'll avoid monthly fee which isn't the case)
jurov: ;;dox denialdenial
gribble: Error: "dox" is not a valid command.
jurov: as long as there's anything on your account (even if you have 0 btc), you pay
thestringpuller: congratulations! the first BTC Debt account ever created by moi cause I'm never logging back in if that's the case har har har
assbot: [MPEX] [O.BTCUSD.C370T] 24 @ 0.20220992 = 4.853 BTC [-]
jurov: thestringpuller, i went to extra hassle to intimidate poor namworld into paying out
jurov: and this is the result. in the future i'll just terminate the asset without any recompensation >:D
mjr_: thanks for following me :)
jurov: and refer everyone to thestringpuller :D
mjr_: you are bets of bitcoins right?
mjr_: thought that was a nickname for bbet
jurov: thestringpuller, srsly. so you want to wipe the acct completely?
mjr_: yes, i see they are two different sites now
mjr_: hey jurov, sorry i am negative, should i liquidate a position or can we wait for s.dice dividends?
mjr_: i thought they would be in by now
jurov: they will be anytime till March 5
mjr_: k, if that is too long i can liquidate mpoe
mjr_: or i will just fund some more
TradeFortress: prehaps it's because S.DICE wants bigger dividends this month so they're delaying it until the 5th
mjr_: yeah, i'll fund some more, should be in by tomorrow morning, hopefully i can scoop up some more s.dice too lol
mjr_: TradeFortress: pretty sure they will just cut it off at the 28th and the rest goes toward next month
mjr_: i know that whole group is on a trip at the moment
mjr_: but from what i saw on a forum post, it seems they had a good month
mircea_popescu: <jurov> if i do split and short sell, that sell is counted in, no? << no. bot's sales only.
mircea_popescu: thestringpuller : that's nice, my antigrav unit is humming quietly in the basement. now what ?
mircea_popescu: <TradeFortress> prehaps it's because S.DICE wants bigger dividends this month so they're delaying it until the 5th << that's not how it works, divs are for feb
assbot: [BTCTC] [GSDPT] 38 @ 0.006296 = 0.2392 BTC [-]
mircea_popescu: EDIT: I found a formula which is almost correct for WEIGHT > 3000, it is:
mircea_popescu: Reward = TOTAL * 0.99 * MY_BET * SQRT(LOG(WEIGHT))*WEIGHT^(1/6.0) / Sum_all(winning_bets * SQRT(LOG(WEIGHT))*WEIGHT^(1/6.0))
mircea_popescu: "This is awesome! I didn't even know such an exchange existed."
jurov: maybe that dude ran critticall over bbet data
mjr_: lol, this is the best irc channel ever
mjr_: someone should really make a tv show about bitcoin...the drama lol
mjr_: note to self: start writing pilot based on bitcoins
mjr_: pilot episode for people to watch and decide to buy a season
mjr_: not that i have ever done that
mjr_: but hey how hard can it be right lol
mjr_: maybe go straight to netflix or something
jurov: i recommend it to involve satoshi building it all only for him be able to raise money for clay mugs workshop and troll around
mjr_: you know what they say...
mjr_: the man who does what he loves never works a day in his ligfe
mircea_popescu: but srsly, the funny life of this guy who lives with like, 5 chicks.
mjr_: if anyone wants to see a really crappy website, feel free to check out btcshares.com
mjr_: its basically just a placeholder
jurov: and judging from the photos, never wear hair
mjr_: except for all the copying and pasting
mjr_: that is the service i provide
mjr_: a place to donate bitcoins to me
mjr_: which is extremely annoying to me
mjr_: like i said, placeholder
mjr_: i worked on all the backend stuff today
mjr_: tomorrow i try to do design stuff
jurov: data-address="1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX"
mjr_: but i set up twitter, email, admin stuff...and got the website online
jurov: i stole ya address
mircea_popescu: TradeFortress just jabbing at you re your forum encounter
mjr_: oh for the donate button?
mjr_: yeah, well, i included that only to try it out
mjr_: and cuz i wanted to get the btcshares label for an address
mjr_: although maybe i will try to get a vanity address
mjr_: i made that site in under an hour just to test switching domain stuff and getting dns in order
mjr_: like 5 min might be more accurate as far as design and aesthetics
mjr_: i plan on just hosting my performance and financials there
mjr_: i am not as of yhet
mjr_: how do you establish trust though?
mjr_: i am not going to trade at all
mjr_: i just use exchanges
mjr_: oh, i am getting $ clients
mjr_: people who know about bitcoins probbably can figure it out for themselves
mjr_: but old people with cash can't
jurov: mjr_ if you use coinbr you can ask me to look up. i'll then rate you like "-10 did not pay coinbr monthly fee"
mjr_: although to be fair i paid most of it so far
mircea_popescu: mjr_ lisrten, that's half of the story. what do you do with the bitcoins ?
mircea_popescu: so suppose one day you loan some shares out to someone
mjr_: hopefully lend them
BitHub: i currently do this for older or newb people as well
mjr_: and i will probably eventually need a seat on mpex
BitHub: i charge a 10% helpers fee
mjr_: i also have a mining operation getting under way
mjr_: but not little puny ones
mjr_: hoping for 10GH per card
BitHub: make sure you try ordering from BFL labs today
mjr_: start with 3 cards...not the best, but still half an avalon almost
mjr_: way larger than spartans or altera's
mjr_: hoping for 10gh per
mjr_: maybe overly optimistic
mircea_popescu: but if used and a good price i guess may be a good deal
mjr_: free and sitting around
jurov: mjr_ there's sometimes a good deal on -otc too, i got amazon codes, small paypal payments and like
mjr_: 3 of those, plus maybe one virtex 5 if worth it
mircea_popescu: he has a point. also, you'd think i'd never trade. yet recently i got like a dozen sa gift certs.
mjr_: anyways, i have 3 small projects and one big one
jurov: the bitch ain't one
mjr_: the fpga miners, the boutique hedge fund, and a bitcoin horseracing sitte
mjr_: the big one...is big
assbot: [BTCTC] [COGNITIVE] 6 @ 0.3 = 1.8 BTC [+]
mircea_popescu: ;;everify freenode:#bitcoin-otc:651ee0e4570cc2d14ea53173c276c5bce82d794a92202d3779ffbf90
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
mircea_popescu: ;;rate kakobrekla 5 too much stuff to list. inquire within.
gribble: Rating entry successful. Your rating for user kakobrekla has changed from 3 to 5.
gribble: You rated user nefario on Tue Sep 25 02:55:21 2012, giving him a rating of -1, and supplied these additional notes: runs a scammy btc securities exchange . associated with the bitcoin consultancy scammer group..
gribble: You rated user davout on Sat Dec 8 05:09:24 2012, giving him a rating of 1, and supplied these additional notes: bitcoin-central.net paymium etc.
jurov: mjr_ do you know about glbse? he was its owner
gribble: Rating entry successful. Your rating for user davout has changed from 1 to 3.
assbot: [BTCTC] [GSDPT] 180 @ 0.006296 = 1.1333 BTC [-]
mjr_: asicminer is from there right?
mjr_: just starting to get everything back together from what i read
mjr_: mircea do you ever use btc-e?
mjr_: or anyone else for that matter...
jurov: mjr_ only for small litecoin trades
gribble: You rated user jurov on Fri Sep 28 03:13:37 2012, giving him a rating of 3, and supplied these additional notes: runs coinbr.com, MPEx broker website.
gribble: Rating entry successful. Your rating for user jurov has changed from 3 to 4.
mjr_: lol nice $17 spread
mjr_: i switched to dollars
mjr_: oh i get what you mean
mjr_: very small dollar volume
mjr_: ah yeah, their euro book is a lot better
mjr_: well yeah, but better than dollar for sure
mircea_popescu: but they seem to me more trustworthy than anyone else on the strength of actually getting the bank partnerships right
mjr_: well, i hope to change that
mjr_: working on an aggregated order book...and then hopefully a routing and matching engine
mjr_: that is the big thing
mjr_: hoping to get a big source of volume soon
mjr_: open up a new market
mjr_: and need to provide a steady access to all markets to convince them
mjr_: that is basically what my company already does for equity markets in US
assbot: [BTCTC] [BTC-BOND] 20 @ 0.00996 = 0.1992 BTC [-]
mjr_: buy from this dark pool, sell on that one
mjr_: so if someone would just do that for btc it would make everyone's lives a lot easier
mircea_popescu: you can probably handle it on otc if you know the rifght people
mircea_popescu: which is what makes your wot suddenly crucial for your success.
assbot: [BTCTC] [B.YABMC] 7 @ 0.008299 = 0.0581 BTC [-]
mjr_: well, its all about automating it
mjr_: well, my partner is working on the order flow
mjr_: and we already have some sick back end infrastructure
mjr_: data center colocation etc
mjr_: and some really nice enterprise level matching engine and algorithmic trading unit
mjr_: can i work on it tomorrow?
mjr_: if you guys are around?
jurov: tomorrow is sunday, we're closed
mjr_: i mean, what address should i use?
mjr_: should i maintain a separate one for business and personal?
jurov: mjr_ i think most of us have one common address/privkey
assbot: [HAVELOCK] [SDICE] 15 @ 0.66 = 9.9 BTC [-]
jurov: and it isn't clear to me why/how would you want to manage separate webs of trust
mjr_: i mean as long as i run my business it would be important for me to have a high wot rating
mjr_: but if i were to leave...i couldn't leave it to someone else
BitHub: is your business pandering hard to the community or mainstream?
assbot: [MPEX] [S.MPOE] 11129 @ 0.0007449 = 8.29 BTC [+]
BitHub: then i wouldn't worry about WOT so much
mjr_: well, still important
mjr_: even from marketing perspective
BitHub: mainstream have no clue about it
mjr_: but you know how people list stuff on websites
mjr_: and i may need to do stuff using otc
mjr_: but would rather my corporate persona was the one who had the trust
mjr_: i don't plan on doing a lot personally
BitHub: don't get caught up in a rating war tho
BitHub: could be damaging to business rep
mjr_: like i said, i haven't used otc yet
mjr_: and maybe i might toy with it
mjr_: but i want computers to deal with stuff like that
jurov: we'll see how it goes. dunno if there was anyone who maintained corporate persona on wot
mjr_: the matching engine and such
mjr_: yeah, i kind of like how it is very personal here
BitHub: better off having a customer feedback thing on your site or osmething
BitHub: quotes from mainstream professionals
mjr_: well, as i said, my goal is to be a layer between a big mainstream source and a bunch of exchanges
BitHub: "wow this site is really good" Mark Cuban
mjr_: ideally the mainstream end users wouldn't even be aware of me
BitHub: +1 yeah we had a good trade - BitHub
mjr_: there are some companies that have 20-30k accounts
mjr_: and all those guys do is trade forex
mjr_: but they would need a STRONG source of liquidity
mjr_: and the best bids and asks
BitHub: BitHub is currently building infrastructure, investing and networking within the Bitcoin community and the Mainstream to bridge the two together to provide a very straight forward, trustworthy, professional services.
mjr_: and enterprise level hardware with some big financial people behind it
mjr_: yeah that is the goal right
mjr_: i have been disheartened by how hard it is for people on wall street to get in the game
mjr_: traders at my firm have half a mill to play with at work
BitHub: isn't it about to get alot easier for them
mjr_: yeah...believe it when i see it
BitHub: or tell your wall street buddies to buy into a bitcoin company
mjr_: not to mention...it would just be a mt gox pass through
mjr_: they don't own their positions
mjr_: and they trade with high leverage
BitHub: that's where you come in my friend as a Bitcoin Broker and you do it for these people and charge them a broker fee
mjr_: they couldn't invest outside of work
mjr_: but they can't press buttons to make bitcoins appear on their screens
BitHub: outsource some helpers from china
mjr_: and till someone makes it so that you can use etrade (def not what we use) or like a sterling or laser type platform
BitHub: they don't need to, they just go to your site, type in a code or whatever and can see their balance
mjr_: professional traders can't get involved
mjr_: i mean, their accounts with their money can't connect to my website
mjr_: and it isn't really their website
mjr_: they get to trade with 20x or more leverage
BitHub: cant you set up your own bank account and get these people to dump the fiat in there?
mjr_: but they leave all that at the office
BitHub: and then you make the bitcoin buys for them?
mjr_: basically they have to use their trading accounts
mjr_: and their trading accounts connect to nyse, nasdaq, edgea, edgex, bats etc
mjr_: so they can buy stuff from there
jurov: mjr_ have you seen bit4x.com or 1broker.com ?
mjr_: and that is how most of finance is
BitHub: so you need a bitcoin platform that can kind of plug into that exisiting platform?
BitHub: because they're using their coporate trading accounts
mjr_: i need them to be able to plug in bloomberg
BitHub: which is like really big money
mjr_: if they open up their own accounts it might be 500
mjr_: their professional accounts might be over 1 mill
mjr_: traders don't do it at home
mjr_: but again typically with their 401k or their investment account
mjr_: the goal for me is to not make them open up a new account
BitHub: hmmm follow the coinlab stuff
mjr_: but rather give them something to buy with their existing accounts
BitHub: maybe you can act as a broker for them via that site
BitHub: so they only have to deal with you
mjr_: too long; didn't read: wall street professionals don't open up new accounts for all their trades, they use their existing high margin accounts
mjr_: that's the goal for the platform, plug into existing infrastructure
mjr_: and become the gateway for that infrastructure to the bitcoin world
BitHub: but the exisiting infrastructure its not like you could plug gox right into it yeah?
BitHub: there's alot of licences, government approval wallstreet approval etc etc
Ukto: BitHub: I wouldtn btoher with coinlab
mjr_: but it is mostly a matter of getting the deal
Ukto: there will be other options for gox
Ukto: before their thing hits
Ukto: trust me on this. ;)
mjr_: my point is that everyone doesn't use nasdaq to trade aapl
BitHub: we talked about it yesterday
mjr_: even though aapl is listed on nasdaq
mjr_: i can buy aapl on any one of a ton of differrent venues
mjr_: and they all have different fees, volume, prices
mjr_: so i can pick and choose
mjr_: so someone has to offer choices and volume
mjr_: its a long tough road i think
mjr_: which is why i am more excited abvout my small easy projects
mjr_: which are already coming together
mjr_: when i showed a trader what i was doing, he was like "why aren't you scalping this all day, like do it right now"
BitHub: so i dont understand the problem
BitHub: why they cant buy bitcoins using their coporate accounts
mjr_: of course they have no way of sending an electronic order
mjr_: so let's say they call me
mjr_: because they trust me
BitHub: or do an order via your site
BitHub: if you had a live chat option like i do
mjr_: and say hey, i wanna get 1000 btc right now, what kind of price am i looking at?
mjr_: let's assume i actually had the market data to tell them
mjr_: looking at all the exchanges and finding the best price
BitHub: it would probably just be based on mtgox price
mjr_: ok, well, i have to wire the money out of my account, and then i have to wire you the money
mjr_: ok see you in 5 days then
BitHub: you cant float it for him?
mjr_: but not at that amount
mjr_: and not in any way that would make me money
mjr_: the point is to be able to use the existing accounts so i don't hve to worry about their funding
BitHub: start with 1000 dollar limit maybe
mjr_: since funding is always the worst part of bitcoin trading
mjr_: mt. gox...10+ days to verify using dwolla
BitHub: let me tell you a secret
BitHub: i buy outside of mtgox and its always cheaper than the current market price at that time
mjr_: and again, they just did a trade with their own money and it didn't really relate to their job at all
mjr_: but speed is the key here
mjr_: and also, your P&L will show your account
mjr_: not what you do with some person outside of the system
mjr_: ie. you want to have this be a trade done as part of their profession, not as a side job or something
BitHub: you need direct relationships with miners
mjr_: that is the synergy with the fpga project i have going on
BitHub: or set up a seperate branch to your company that's strickly a bitcoin mining company
mjr_: if i can get the equivalent of half an avalon
mjr_: it'll be a nice little start
mjr_: but suffice it to say
BitHub: and you can start writing off equipment and electricity against your bitcoin mining company
mjr_: lol, no cost equipment or electricity
mjr_: what i am planning on doing
mjr_: and what we are working on
mjr_: is a symbol on a platform where people already trade dollars, euros, pounds and yen
mjr_: so now it is dollars, euros, pounds yen and bitcoins
mjr_: ie. i don't have to worry abourt your funding, or settlement, i just worry about executing orders against the bitcoin exchanges
mjr_: and collecting fees
mjr_: their forex company, who has said they are interested, would take care of the accounts, but they would offer one more symbol for their traders
BitHub: so you're actually working on software?
mjr_: we have a top tier software system in place
mjr_: my boss at my day job called it "a ferrari on a dirt road" lol
BitHub: sounds good and a bit crazy what you're doing, keep my updated :)
mjr_: yeah, but it basically would have like a matching engine so say account #25671 wants to buy and account #12543 wants to sell, it can match them internally, saving us the fees from mt. gox or wherever
mjr_: that is internalization
mjr_: with 30k accounts...we can prob do quite a bit of internalization
mjr_: and with volume, we can lower our rates at gox, and cut better deals with others
BitHub: just you know whatever you do, don't let those guys ruin bitcoin hey?
mjr_: i want them to see this as an introduction
mjr_: so they start using it in everyday life
mjr_: AND, if it works, get interviewed on CNBC
mjr_: my little boutique tiny hedge fund will post some amazing gains
mjr_: well...not sure, we got the software and the servers and the location
mjr_: my partner/boss is meeting with those guys for our company (day job) but also selling them on this idea (our own side thing)
mjr_: so, if our deal goes through
BitHub: yeah of course heh nyc exchange
mjr_: it is fairly reasonable odds that this other thing goes through
mjr_: providing we can deliver a stable good source of liquidity to them
mjr_: so i am mostly working on that right now
mjr_: i think its probably 50/50 at best that it'd done in a year
mjr_: depends, i am not exactly sure what the demand would be
BitHub: i'm still a startup myself trying to figure this stuff out, based in Australia / Asia check us out sometime - bithub.asia bithub.com.au bithub.biz
mjr_: but ideally, they could move large amounts of money relatively quickly and without too much slippage
mjr_: i'm definitely hoping to partner with people in some way or another in the future
mjr_: if they can provide access to markets
mjr_: i would really like to work with bitfloor since they are NYC based, but i would like to have routes everywhere
assbot: [BTCTC] [COGNITIVE] 6 @ 0.3 = 1.8 BTC [+]
mjr_: also i could hopefully leave orders on bitfloors books to get liquidity rebates
assbot: [BTCTC] [GSDPT] 250 @ 0.006296 = 1.574 BTC [-]
BitHub: btw does anyone have any of those ASICMINER shares?
jurov: here someone was offering just few hrs ago
jurov: <TradeFortress> Selling up to 100 ASICMINER shares, pm me with offers.
mjr_: actually talked to him too
mjr_: i would love to pick up some
mjr_: lol whats funny is that that company is more like a private equity thing than public company
mjr_: people always making back room deals and stuff
BitHub: mjr i'm all about partnering up and collaboration if you want help or access to australian/asian markets in the future, lets hook it up :)
mjr_: good talking to you all
mjr_: best channel on IRC bar none
mircea_popescu: jurov for my curiosity, the guy on reddit that "couldn't waiot" till another nonfee exchange opened
jurov: maybe, he did not let me know
mircea_popescu: twitter "Why do the same people that say A baby in the womb is not life Say bacteria is considered "life" on Mars?"
mircea_popescu: me "Because there's plenty of wombs and scarcely any bacteria on Mars. Abundance cheapens."
assbot: [BTCTC] [COGNITIVE] 2 @ 0.3 = 0.6 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 24 @ 0.00643 = 0.1543 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00580008 = 5.8001 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.00580007 = 2.9 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.00580006 = 2.9 BTC [-]
assbot: [MPEX] [S.DICE] 38 @ 0.00580004 = 0.2204 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.00580004 = 2.9 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00580002 = 11.6 BTC [-]
assbot: [MPEX] [S.DICE] 5000 @ 0.00580002 = 29.0001 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00577614 = 11.5523 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00569655 = 11.3931 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00550002 = 5.5 BTC [-]
assbot: [MPEX] [S.DICE] 50 @ 0.0055 = 0.275 BTC [-]
kakobrekla: maybe that ian baked got some shares to sell
Ukto: kakobrekla: he wants a large price :)
Ukto: was very high is what I was told
assbot: [MPEX] [S.MPOE] 10000 @ 0.00077011 = 7.7011 BTC [+]
assbot: [MPEX] [S.MPOE] 500 @ 0.00077012 = 0.3851 BTC [+]
assbot: [MPEX] [S.DICE] 400 @ 0.0055 = 2.2 BTC [-]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00076144 = 1.4467 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.0055 = 0.55 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00500051 = 10.001 BTC [-]
assbot: [MPEX] [S.DICE] 23879 @ 0.0050005 = 119.4069 BTC [-]
assbot: [MPEX] [S.DICE] 600 @ 0.0055 = 3.3 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.0055 = 0.55 BTC [+]
assbot: [MPEX] [S.DICE] 16121 @ 0.0050005 = 80.6131 BTC [-]
assbot: [MPEX] [S.DICE] 300 @ 0.00500002 = 1.5 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.00500001 = 2 BTC [-]
assbot: [MPEX] [S.DICE] 40000 @ 0.0050005 = 200.02 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00500002 = 5 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.00500001 / 0.00529899 / 0.0063777 (116945 shares, 619.69 BTC), 7D: 0.00500001 / 0.00595337 / 0.0063799 (353812 shares, 2,106.38 BTC), 30D: 0.0042 / 0.0060038 / 0.007395 (6898878 shares, 41,419.50 BTC)
Bugpowder: Even with no whale, I think S.DICE is worth .005
kakobrekla: at least mpex is not closed on the weekend, right pizzaman1337 ;)
pizzaman1337: is that what percentage the dividend will be if the price is at 5?
Bugpowder: I also believe that the whale lives
Bugpowder: with a different address allocation strategy
assbot: [MPEX] [S.DICE] 100 @ 0.00500001 = 0.5 BTC [-]
assbot: [MPEX] [S.DICE] 1900 @ 0.00500001 = 9.5 BTC [-]
Bugpowder: someone really wants to dump a big load
mircea_popescu: ya seems like someone putting in a wall at 50 would prolly get a good chunk
thestringpuller: mircea_popescu: "How you gonna choke a legend ? You don't think I want to choke people ? You can't just choke all your problems, it takes hard work. If I had my way, I'd never work. I could stay home all day watch Scarface 50 times, eat a turkey sandwich and have sex all fuckin day. Then I'd dress up like a clown and surprise kids at schools. Then I'd take a dump in the back of a movie theater and just wait til s
assbot: [HAVELOCK] [SDICE] 4 @ 0.66 = 2.64 BTC [-]
Bugpowder: I'm gonna be sad if he drops to .004
assbot: [MPEX] [S.MPOE] 4537 @ 0.00077012 = 3.494 BTC [+]
assbot: [MPEX] [S.MPOE] 5963 @ 0.00077014 = 4.5923 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.00500001 = 0.5 BTC [-]
Bugpowder: quick someone by the fucking x.idiff.mar
assbot: [MPEX] [S.DICE] 1900 @ 0.00500001 = 9.5 BTC [-]
mircea_popescu: it has one retarget till then, and it's not going up 200%
assbot: [HAVELOCK] [SDICE] 1 @ 0.6431 BTC [-]
gribble: Next difficulty estimate | 4555697.65506 based on data since last change | 4400318.08082 based on data for last three days
assbot: [MPEX] [S.DICE] 100 @ 0.00500001 = 0.5 BTC [-]
assbot: [MPEX] [S.DICE] 1900 @ 0.00500001 = 9.5 BTC [-]
gribble: Error: "nextdiff" is not a valid command.
kakobrekla: well maybe he is going to lose patience
assbot: [HAVELOCK] [SDICE] 1 @ 0.643 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.642001 = 1.284 BTC [-]
pizzaman1337: let's have some fun, I put 1 S.DICE buy on the book... maybe he'll take it :)
assbot: [MPEX] [S.DICE] 1 @ 0.00500001 BTC [-]
assbot: [MPEX] [S.DICE] 99 @ 0.00500001 = 0.495 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00500001 BTC [-]
assbot: [MPEX] [S.DICE] 900 @ 0.00500001 = 4.5 BTC [-]
gribble: Current Blocks: 223988 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 1803 blocks | Next Difficulty In About: 1 week, 5 days, 0 hours, 28 minutes, and 48 seconds | Next Difficulty Estimate: 4550550.25106 | Estimated Percent Change: 4.18222
mircea_popescu: i wonder if like 20 years from now when s.dice is like better than microsoft
Bugpowder: 500,000 shadow S.DICE shares being sold at .005
pizzaman1337: nobody is keeping track of trades, are they? Besides on twitter
assbot: [MPEX] [S.DICE] 100 @ 0.00500001 = 0.5 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.00500001 = 2 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00500001 = 0.5 BTC [-]
assbot: [MPEX] [S.DICE] 900 @ 0.00500001 = 4.5 BTC [-]
kakobrekla: that cocksucker leaves 100 shares there
kakobrekla: i wanted to get mine hit and cancel it
kakobrekla: somebody placed it after me and mine leftover was hit
pizzaman1337: I wonder if the seller is in this room, watching amused
assbot: [MPEX] [S.DICE] 400 @ 0.005 = 2 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00499999 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00599993 BTC [+]
kakobrekla: scalpin the mpex spread with 1sd share
assbot: [MPEX] [S.DICE] 1 @ 0.0048 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00599994 BTC [+]
mircea_popescu: except keep the proceeds for buying ho's skimpy outfits
pizzaman1337: you need to distribute those outfits among shareholders
mircea_popescu: that's a thought, somebody trying to cause a panic to load up
Bugpowder: I dumped my dice when I figured out no whale
Bugpowder: I bought some back when I found another network of 10,000+ coins
pigeons: it probably is him cause the other 500001's were me and this one isnt
mircea_popescu: law here is you can use receipts for deductions if < 100 lei per.
mircea_popescu: so i told the waitress to split up my bill accordingly.
pigeons: i figured i'll buy at that price and take the div
Bugpowder: 69 is a restricted number on california license plates
Bugpowder: I learned this today when checking custom plates
assbot: [MPEX] [S.DICE] 100 @ 0.00550001 = 0.55 BTC [-]
Bugpowder: he seems awefully well informed for not being on irc
mircea_popescu: Bugpowder pretty much the only guy with a clue outside of irc
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00996 BTC [-]
runeks: Bugpowder: yes, I was going to get H8RSGNH8, but there's a 7 character limit
runeks: mircea_popescu: I bet that wouldn't be allowed. I mean if they ban 69...
runeks: mircea_popescu: dunno. I'm just guessing.
swhitt: there was some dude that had CUN7 or something in west virginia
swhitt: crazy west virginians.
runeks: it's always west virginians
mircea_popescu: there should be a law all virginians must be named Ian
swhitt: Ian doesn't sound very west virginian
mircea_popescu: anyway, what's the big deal, some dork has CUNT on his license plate. so who cares.
mircea_popescu: "yes officer, i saw it, was a pink and green 1971 pontiac with CUNT license plates"
swhitt: it's america so everyone without anything else to do decides they have to care
swhitt: and start a crusade against it
mircea_popescu: women that don't get fucked often enough and raw enough get bored
swhitt: you'd do wonderfully in american politics :)
swhitt: probably'd get ~50% of the vote
swhitt: blame it on the hanging chad
swhitt: anyone have any bets on whom one should bet ~$20k on for asic hardware (actual hardware, not shares)?
swhitt: foregoing the fact that it is still a gamble at this point
swhitt: I have a cilent or two who are interested
runeks: If I had $20k to invest in Bitcoin it wouldn't go to any ASIC company
swhitt: runeks: yeah, I said "buy bitcoin, throw some at SDICE but keep most of it in BTC"
runeks: swhitt: I think that's good advice.
swhitt: but they are interested in hashing etc.
runeks: swhitt: what do you mean? are they interested in making money or supporting the network?
swhitt: what's ltcbtc fx rate now
swhitt: the guy's loaded and wants to geek out
swhitt: plus the prospect of making money makes it more fun I guess
swhitt: 1 ltc is only 0.0024 via btc-e now...
runeks: I have a hard time believing BFL will deliver within the next two months. but on the other hand Avalon won't either, probably (for new customers). so it doesn't look too good.
mod6: that was an awesome hockey game
mod6: missed the s.dice sale 'eh
swhitt: when is the march dividend out?
swhitt: i thought it was supposed to be today.
pigeons: complete and accurate Statements of Profit and Loss for each calendar month will be published by them no later than by the fifth day of the new month.
assbot: [HAVELOCK] [SDICE] 1 @ 0.642 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.64 = 5.12 BTC [-]
Bowjob: i cant seem to access my coins
Bowjob: When I double click on the .exe, it doesn't start
Bowjob: I'm redownloading electrum to see whats up
mod6: did you try rebooting
Bowjob: I have the seed so I'm good
mircea_popescu: "Electrum is an easy to use Bitcoin client. It protects you from losing coins"
mod6: does the process show up in the running executables list?
Bowjob: funny, I re downloaded it, doesnt open up
mod6: what if you try to execute it from the command line, what happens?
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.0919 BTC [+]
assbot: [MPEX] [S.MPOE] 3713 @ 0.00076397 = 2.8366 BTC [-]
assbot: [MPEX] [S.MPOE] 787 @ 0.00076396 = 0.6012 BTC [-]
mircea_popescu: “I really have no idea how money works or budgets work.”
Zedster: do you always pat yourself on the back?
assbot: [BTCTC] [S.MPOE-PT] 500 @ 0.00073 = 0.365 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 5 @ 0.349 = 1.745 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 3 @ 0.0919 = 0.2757 BTC [+]
assbot: [BTCTC] [LTC-MINING] 1 @ 0.398 BTC [+]
assbot: [BTCTC] [BTC-BOND] 2 @ 0.00999 = 0.02 BTC [+]
assbot: [BTCTC] [BTC-BOND] 2 @ 0.00999 = 0.02 BTC [+]
assbot: [BTCTC] [BTC-BOND] 16 @ 0.00999 = 0.1598 BTC [+]
mircea_popescu: last saturday john wells had no idea bitcoin even exists. this saturday he's asking his guests cogent questions about it.
mjr_: lol what up everyone
mjr_: this is too funny, every month you have people running away from s.dice's money
mjr_: quick guys they are about to pay us, sell sell sell
Bugpwoder: In a mature, efficient market, the stock price generally drops by the amount of the dividend upon dividend payout. Last two months, this anticipated drop did not occur with S.DICE.
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.349 = 0.698 BTC [+]
mjr_: in fact it drops right BEFORE dividends
Zedster: anyone aware of BTC-e having problems taking deposits?
assbot: [HAVELOCK] [HIM] 17 @ 1.56 = 26.52 BTC [-]
kakobrekla: lottoBTC read chan rules and obey them, if you wish to stay.
kakobrekla: you can also pay me 1337 btc and ill leave you alone
assbot: [BTCTC] [GSDPT] 100 @ 0.00591 = 0.591 BTC [-]
assbot: [BTCTC] [GSDPT] 85 @ 0.0059 = 0.5015 BTC [-]
topace_: anyone know when the sdice dividend is going ot be paid?
Eduard_Munteanu: Weird, I remember there was a list of exchanges in the topic, where is it?
mjr_: should be by tuesday the 5th i think
Eduard_Munteanu: kakobrekla: does bit4x provide a web interface for trading? I'm on Linux.
assbot: [BTCTC] [COGNITIVE] 5 @ 0.29 = 1.45 BTC [-]
kakobrekla: Eduard_Munteanu, no, you need to use MT4, you can use it in virtual machine
kakobrekla: google says its possible but i havent tested how well it works under wine
mjr_: does MT4 have an API?
kakobrekla: you can code your stuff there with MQL
mjr_: i'm working on plugging different exchanges into a smart order router/virtual crossing engine
mjr_: i'm installing it now, to play around with it, looks like a cool piece of software
mjr_: looks like a really cool app, who do you set up an account with exactly?
kakobrekla: i open live accounts in btc denomination
jurov: aka siren-maintained corporate identity xD
jurov: lol, looks even better with these rounded corners
Eduard_Munteanu: Hm, what other broker is there for MPEx, other than nam's?
dub: gah what happened to rule 1 of -assets
jurov: there are also options and futures
jurov: but were not so often trade to make this type of graph usable
Eduard_Munteanu: Hm, I suppose I can't see a list of assets until I deposit some BTCs?
jurov: yes, new order screen is accessible only after initial deposit
jurov: but it's the same list as mpex.co
error4733: F*** the bast*** playing less than 2000 on SDICE... 2x 15 BTC to 955 BTC
Zedster: mirc won't let me list my touring polka band
Eduard_Munteanu: Why are those options so cheap? E.g. strike price 19USD/BTC, valued at 0.566 BTC.
Zedster: every 5 mins and nothing else?
gribble: 1 BTC = 34.24860 U.S. dollars = 26.3086496 Euros
dub: Is it racist of me to ignore SebastianJu purely because I can't parse his linglinglish
assbot: [BTCTC] [S.DICE-PT] 150 @ 0.006 = 0.9 BTC [-]
assbot: [BTCTC] [GSDPT] 150 @ 0.0059 = 0.885 BTC [-]
jurov: Zedster, try btct for the polka band
assbot: [MPEX] [S.MPOE] 7000 @ 0.00077843 = 5.449 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.349 = 0.698 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 1 @ 0.000745 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 30 @ 0.00076 = 0.0228 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 20 @ 0.00077 = 0.0154 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 20 @ 0.00078 = 0.0156 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 40 @ 0.00079 = 0.0316 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 278 @ 0.00079 = 0.2196 BTC [+]
dub: heh just got expense report for a week long road trip with 5 friends last month
dub: more of a historic pub crawl, wine tour and whiskey binge
assbot: [BTCTC] [RSM] 1 @ 0.00505 BTC [-]
assbot: [BTCTC] [RSM] 70 @ 0.00504 = 0.3528 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.0059 BTC [-]
Bugpowder: finally about to break out of this channel
Zedster: bugs gotta do whats bugs gotta do
assbot: [HAVELOCK] [SDICE] 4 @ 0.6745 = 2.698 BTC [+]
dub: comment win: Occams Taser 3 minutes ago Now try building yourself a girlfriend...
gribble: 1 BTC = 34.34800 U.S. dollars = 26.3850054 Euros
dub: Diablo-D3: beserker punch doom style
assbot: [MPEX] [S.DICE] 1000 @ 0.00550004 = 5.5 BTC [-]
assbot: [MPEX] [S.DICE] 700 @ 0.00550003 = 3.85 BTC [-]
assbot: [MPEX] [S.DICE] 700 @ 0.0055 = 3.85 BTC [-]
jurov: pre-divs sale goes on
Diablo-D3: dub: the only thing I remember from doom is the fucking lobster claw
assbot: [BTCTC] [BTC-BOND] 6 @ 0.00999 = 0.0599 BTC [+]
dub: I wish I was a little bit shorter, wish I wasnt a baller, wish I had a girl who looked bad, I wouldnt call her?
dub: wish I had usagi in a hat with a bat and a '84 skoda
dub: the fuck is going on
assbot: [MPEX] [S.MPOE] 1150 @ 0.00076889 = 0.8842 BTC [-]
assbot: [MPEX] [S.MPOE] 21495 @ 0.00077069 = 16.566 BTC [+]
assbot: [MPEX] [S.DICE] 500 @ 0.0055001 = 2.7501 BTC [+]
gribble: Next difficulty estimate | 4663223.55823 based on data since last change | 4470188.64953 based on data for last three days
jurov: iDiff-E selling for 6.1 now for beliebers ;)
jurov: *no, it's iDiff-O March
gribble: 1 BTC = 34.36999 U.S. dollars = 26.4018974 Euros
Ukto: First backed asicminer shares trading live
dub: strangely that word (as much as it is worth) doesn't appear in the profile
dub: Shares total: 1 bajillion/Shares Issued: tiny fraction/Issuer may arbitrarily manipulte share value: yes
Ukto: it states that all shares are verified with friedcat
Ukto: I will get that changed
Ukto: terra went to be already tho -_-
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00208 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 15 @ 0.002 = 0.03 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 84 @ 0.0019 = 0.1596 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.0059 = 0.59 BTC [-]
jurov: Any public votes presented by ASICMINER to all shareholders of ASICMINER may be voted on BitFunder towards a single decision by the G.ASICMINGER-PT shareholder account.
jurov: Ukto either there will be voting support or someone is due for a headache?
assbot: [BTCTC] [S.DICE-PT] 500 @ 0.00581 = 2.905 BTC [-]
Ukto: supposedly there will be no public votes
assbot: [MPEX] [S.DICE] 3147 @ 0.00599998 = 18.8819 BTC [+]
assbot: [MPEX] [S.DICE] 1853 @ 0.00599999 = 11.118 BTC [+]
jurov: better to just say shares have no voting rights
jurov: cuz trolls will be trolling inevitably
assbot: [HAVELOCK] [SDICE] 10 @ 0.624 = 6.24 BTC [-]
assbot: [HAVELOCK] [SDICE] 24 @ 0.6235 = 14.964 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.6221 = 6.221 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.621 = 3.726 BTC [-]
assbot: [BTCTC] [GSDPT] 1000 @ 0.0059 = 5.9 BTC [-]
assbot: [HAVELOCK] [HIM] 2 @ 1.41 = 2.82 BTC [-]
assbot: [HAVELOCK] [HIM] 3 @ 1.4 = 4.2 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 30 @ 0.000789 = 0.0237 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.621 = 3.726 BTC [-]
assbot: [BTCTC] [GSDPT] 19 @ 0.0058 = 0.1102 BTC [-]
assbot: [BTCTC] [GSDPT] 100 @ 0.00572 = 0.572 BTC [-]
assbot: [BTCTC] [GSDPT] 31 @ 0.00571 = 0.177 BTC [-]
assbot: [BTCTC] [B.YABMC] 100 @ 0.00799 = 0.799 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 100 @ 0.002129 = 0.2129 BTC [+]
topace_: anyone want to test pushing units from mpex to havelock?
topace_: yea, to allow others to get in on the mpex->havelock arbitrage
topace_: 1) push shares to my fingerprint
topace_: 2) paste receipt into havelock website
topace_: 3) i manually approve transfer (for now)
topace_: once im sure its working well, ill remove the manual transfer
topace_: or, only require it on very large transfers
kakobrekla: i mean the question here is y u open this at all
topace_: i think there needs to be a way for people to freely move shares between mpex and the passthru's and maybe even between the passthrus themselves
assbot: [BTCTC] [S.MPOE-PT] 455 @ 0.00072 = 0.3276 BTC [-]
kakobrekla: Your request to push 1000 unit(s) of S.DICE to Havelock Investments has been received. Push requests are currently processed manually (so expect 1-48 hours processign time), but will be automated in the future.
assbot: [BTCTC] [S.BBET-PT] 500 @ 0.00213 = 1.065 BTC [+]
topace_: kakobrekla: approved. should show in your account now
assbot: [BTCTC] [S.BBET-PT] 935 @ 0.0022 = 2.057 BTC [+]
topace_: hmm wonder what its showing for your book value? obviously it wont be able to calculate that...
assbot: [BTCTC] [S.BBET-PT] 2 @ 0.00249 = 0.005 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.00249 = 0.0249 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 497 @ 0.0025 = 1.2425 BTC [+]
topace_: kakobrekla: umm somethings wrong tho.
topace_: it should have given you 10 shares, not 100
topace_: think i might add bbet this week
topace_: well at least there was nothing wrong with the code, i just had the multiple set wrong.
topace_: not yet... but thats the easier of the two to code
topace_: give me your fingerprint and ill push em back
assbot: [MPEX] [S.MPOE] 9400 @ 0.00077069 = 7.2445 BTC [+]
topace_: ill add the push back form probably tomrrow or tuesday
topace_: it'll be a push request, and manually approved on my side, same as the push in request.. at least until im sure its working 100%
topace_: gotta go vacuum now, or gf will kill me when she gets home
kakobrekla: first pusing off mpex now cleaning before the lady gets home
gribble: BTCUSD ticker | Best bid: 34.40001, Best ask: 34.50000, Bid-ask spread: 0.09999, Last trade: 34.40001, 24 hour volume: 12439.22704040, 24 hour low: 33.80000, 24 hour high: 34.50000, 24 hour vwap: 34.12774
jurov: next door at -otc, litecoin fpga firmware is cooking
jurov: "dont fpgas go out of style as fast as CPUs do?"
jurov: just because it needs much memory. if someone figures out how to hook memory to fpga and make it fast...sky is the limit
assbot: [HAVELOCK] [SDICE] 5 @ 0.6216 = 3.108 BTC [+]
jurov: and on -dev they took on to optimize satoshidice, again :)
jurov: i wonder why i haven't seen the idea of applying hashcash to *every* transaction
jurov: like, tx won't be accepted if you didn't some little hashing yourself
jurov: asked about that yest
jurov: can't remember any concrete outcome
jurov: some discussion about optimized choosing of unspent outputs at most
jurov: i guess you'll end up having to defragment the bitbet wallet occassionally
jurov: to prevent situations
mircea_popescu: so why the fuck are they fixing other people's problems
mircea_popescu: "o, what needs to be done is too hard, o, we're too stupid, let's do something else instead"
jurov: lol, i have to make closed source wallet defrag tool.. and sell it for 1BTC. or at least accept donations
mircea_popescu: and have the same dorks whine about how you're ruining bitcoin
mircea_popescu: i strongly suspect the reason satoshi made himself scarce was that he was getting sick of dealing with the current team of devs.
assbot: [HAVELOCK] [SDICE] 7 @ 0.6216 = 4.3512 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.6197 BTC [-]
Bowjob: LTC went up to 10 cents
Eduard_Munteanu: BTW, how do you manage shares traded on your exchange? I hear asicminer people had to do some manual bookkeeping. Do you keep an exchange-local tab?
Eduard_Munteanu: But then I suppose you can't trade shares outside the exchange.
jurov: Eduard_Munteanu, you asking mircea?
jurov: he already admitted he has girls for that
jurov: and yes, the shares don't go outside exchange. this is why we have all these passthroughs
Eduard_Munteanu: Ideally shares could work like BTC, I wonder if that's possible.
mircea_popescu: Eduard_Munteanu that's not ideal. it's actually a bad idea. the horse has been discussed to death
assbot: [HAVELOCK] [SDICE] 5 @ 0.61 = 3.05 BTC [-]
Eduard_Munteanu: But isn't there a crypto way to accomplish the same thing, perhaps different than BTC? You still need exchanges.
Eduard_Munteanu: If this has been discussed on the forums, I'd be glad to read those threads.
Eduard_Munteanu: Unlike BTCs, shares are by definition centralized I suppose.
mircea_popescu: (Selling was halted during the month of Feb. to change payment methods.)
mircea_popescu: Bitcoin pride averages a 70% profit. Don't you want a piece of the pie too?
mircea_popescu: who was saying they've eaten up their market earlier ? they had a point it seems
BitHub: so they're losing money each month?
Eduard_Munteanu: mircea_popescu: I see the problem. Still, wouldn't an exchange / market-maker be able to eliminate all those delays for things traded within the exchange? Not sure how one'd deal with double spending if you don't wait for confirmations.
kakobrekla: the formula it seems is Income( rand() ) - 1 grand = profit
mircea_popescu: kakobrekla unless the sqrt log guy has a better solution, i think you're spot on.
Eduard_Munteanu: mircea_popescu: yes. And committing changes to the blockchain periodically. The exchange is still pretty important, but at least you can move stuff between exchanges in a standard way.
Eduard_Munteanu: Not sure about OTC trading, but presumably you could do it manually somehow.
mircea_popescu: if you can do it automatically like topace is trying you necessarily can do it manually too
mircea_popescu: the way asicminer is playing this game makes me scratch my head.
mircea_popescu: so they're pointedly not coming to be listed on mpex, jump through the hoops and get my ok.
mircea_popescu: instead they're waiting for btct/bf/others run passthroughs
mircea_popescu: now what happens if six months down the road friedcat pulls a gigavps ?
mircea_popescu: Ukto, burnside and whoever else involved gets scammer tags ? or what ?
Eduard_Munteanu: You're saying they're intentionally delaying listing on MPEx?
mircea_popescu: i'm saying they're either through sheer incompetence, sheer lack of resources or by actually being frauds behave just like a fraud would.
Eduard_Munteanu: IDK, getting listed should've been negotiated even before the IPO, in my opinion. People have to have some way to buy / sell those stocks easily.
dub: sound slike something to do with selling shares
dub: which is, as we know, not how you invest!
dub: oh right, where he lists bitcoins: he is counting litecoins
pigeons: yeah as btc was going up, ltc was going down to track the dollar and stay at .07 usd rather than stay at a ratio to btc
dub: bfl realy do deserve some kind of award
dub: they should be held up as a shining example of how to fail at pr
mircea_popescu: nah, coinlab is the shining example of how to fail at pr.
pigeons: we brought bitcoin to wall street in silicon valley
mircea_popescu: "drunk whore stumbles into wallstreet bar, announces she's brining the clap to wall street"
dub: im not sure if hiring inaba or letting your userbase add content at a yourdomain.com/blog/ url IS DUMBER
dub: it took quite a few moments to decipher that I was not actually reading an official bfl blog
mircea_popescu: sooo, three chicks drank four liters of vodka in two days.
dub: I should delve into this road trip expenses sheet
dub: yes, 6 people, 6 days, 10k
Bowjob: apparently we have a new ASIC company that is ready to ship
Bowjob: this one's from hungary
BitHub: where can i place a bet that coinlab will be out of business by end of year?
mircea_popescu: BitHub on bitbet, if you can well define out of business
BitHub: well maybe not out of business
BitHub: what i want to bet on this being a huge fail
dub: theres only $633 worth of whiskey listed here, I don't think thats accurate
dub: I recall at least 4 bottles that where brought from home
BitHub: wish i live near hungary
Bowjob: if its legit, I'll fly over there to pick a couple of them
BitHub: i would sell my car today and go get one tomorrow
Bowjob: I don't know the price yet
BitHub: where everything is expensive
dub: mircea_popescu: I thought it was teh lion/bear licesning regime
dub: I heard that on the radio a few days ago, first thought 'wonder if mp shows up on irc today'
BitHub: better not touch my pet tiger
mircea_popescu: the idea that you need a permit for stuff is certainly new here
BitHub: bit of a long shot but would anyone be able to help me out and send one of those to Australia?
BitHub: customs will probably take it and start mining themselves
midnightmagic: mircea_popescu: You are beginning to see some of the strange contradictory nature of the asicminer people, I think, that I've been complaining about for months.
dub: why is it a mess to export?
dub: its a computer, we have been shipping these around the place for a wee while now
dub: customs can test for bombliness
midnightmagic: mircea_popescu: You mentioned earlier that they are behaving fraudulently-like.. This is permeating more than just the way they are handling their stocks, but elsewhere as well, and it's troubling because unethical people in their position, could conceivably have done a much larger order to start with than what they are reporting, and the attraction of doing double-spends is quite large if, indeed, the evidence is correct when
mircea_popescu: midnightmagic well, i don't know the whole thing, but from this angle it looks more like they're clueless/haven't been thinking things through/haven't slept in weeks
mircea_popescu: tho its quite possible they're ill intended too, sure.
midnightmagic: mircea_popescu: I would be very interested to hear from you if you discover that they aren't just clueless, but seemingly deliberately clueless.
midnightmagic: Or if you begin to make observations that suggest it is not pure ignorance.
mircea_popescu: but so far my belief is they just don't understand finance
midnightmagic: dub: And yet ngzhang is one of the most ethical businesspeople I've seen in a long time.
dub: midnightmagic: I'll assume you're being facetious?
midnightmagic: dub: I am not. ngzhang is extremely ethical, or else Icarus wouldn't exist.
dub: lets deal with teh first question, my mind is somewhat boggling
mircea_popescu: there's plenty of scummy americans, iranians, turks and eskimos in this world
midnightmagic: mircea_popescu: Eskimos don't like being called Eskimos. :)
dub: midnightmagic: this is the the same dude involved in avalon right? the 'we shipped' guy
midnightmagic: dub: The "we shipped and they're sitting in customs at the beginning of CNY." and also , "Geez, with all this negativity, maybe we'll just be quiet until there's actually something to talk about." guys..
midnightmagic: dub: Also the latest update, "Rest of the units will have been shipped by around Mar 10, everyone should have batch #1 in hand by about mid-March" people.
dub: pitty they're not 'here are the tracking numbers' people though really
dub: anyway, being chinese decreases ones ability to think strategically and reason counterfactually
dub: this is a genetic/language thing thats been done to death
midnightmagic: If you're jerking my chain, your delivery is too dry.
dub: im not, try meeting some chinese people
dub: I hear there are a couple up your way
dub: we'll I don't but based on past discussions I think its rather unlikely
dub: you are far too empathetic for one
midnightmagic: dub: I'm at a loss here to meaningfully discuss this with you. I don't know where to start. If you're serious, I'm fairly sure we are so alien that there is basically no common ground on which to meaningfully converse for this topic.
dub: anyway, if you remove any racist overtones you have automatically inferred, it explains a lot about the comms we've seen from avalon and asicminer
dub: midnightmagic: you're gettign there, its par for the course with you (you'd make a terrible anthropologist)
midnightmagic: dub: Is it now. I'm.. glad you're paying such close attention to my activity that you think you have me pegged.
dub: midnightmagic: I don't really have time to go through this, there is quite a bit of literature out there
kakobrekla: During the BDT experience, because i was very concerned about the high interest bond and the lack of supporting high revenues i've made the decision (unethical, possibly illegal) to repurpose some of the funds raised with the IPO.
kakobrekla: Those funds were invested through some chinese partners of mine in asic equipment.
assbot: [BTCTC] [GSDPT] 5 @ 0.0059 = 0.0295 BTC [+]
midnightmagic: dub: Much of the literature usually cited to conclude such things has been thoroughly debunked, so perhaps someday when you're willing to cite, after making such assertions, I'd be glad to read and evaluate such studies.
dub: midnightmagic: regarding the chinese, not your culteral naivety
dub: yes, well I'm more of an experience guy than a take debunkment at face value guy. Dorkins calls it the belief gene, though I don't really believe it exists.
midnightmagic: dub: Making negative assertions about the person you are having a discussion with is not usually productive. I'm readjusting my evaluation of your random, seemingly-connected comments post-statement.
dub: midnightmagic: its an observation grounded in experience, not a negative assertion
midnightmagic: dub: I'm fairly sure your evaluation of my cultural "naivete" is based on incomplete data.
midnightmagic: dub: Also, if you are an experience guy, then why are you pointing to external data as the foundation of your assertions rather than just your experience?
dub: midnightmagic: thats easy, it closely mirrors what I have observed
mircea_popescu: <dub> this is a genetic/language thing thats been done to death << it's not genetic, it's cultural.
midnightmagic: dub: I'll presume you are aware of the notion of confirmation bias.
mircea_popescu: <kakobrekla> Those funds were invested through some chinese partners of mine in asic equipment. <<< ahaha epic
dub: midnightmagic: and I'f I were a victim of that would I need to have read about this before or after observing it?
midnightmagic: dub: ALl that's required is that you reject well-grounded studies that disagree with your opinion, while selecting out those studies which agree with it or reinforce it in some fashion.
dub: I guess at some point, some people like to actually form an opinion
midnightmagic: dub: Sure, course. Nothing wrong with an opinion so long as data can update it.
dub: the problem is you can likely produce data to refute any opinion as can I
midnightmagic: dub: Lots of people think that, but it is also possible to assess the quality of the data. So, IMO, no, it's not possible to find quality data which refutes any opinion.
dub: i'd like to continue this and know it looks like weasling out
dub: but im not in a meeting, on teh phone, and working to a thight deadline
midnightmagic: I'm sorry you think that. You should realise that the implication is that I am aserting my mind can be changed.
dub: and typing without looking at my screen
midnightmagic: Unlike most people, I am not interested (this time) in simply honing my ability to refute. If and when you come up with actual cites, I'd be happy to look them up. I still have fulltext research credentials at the local university.
assbot: [BTCTC] [COGNITIVE] 3 @ 0.29 = 0.87 BTC [-]
BitHub: so what happened with sdice divs?
gribble: evoorhees was last seen in #bitcoin-assets 2 weeks, 5 days, 3 hours, 55 minutes, and 34 seconds ago: <evoorhees> perfect
dub: midnightmagic: a little while ago there was a conversation where you appeared to be floored by the notion that in some locations/cultures the base assumption of a strangers actions being altruistic was false
Eduard_Munteanu: I wonder if bitcoiners are going to experiment with different governance rules / contracts than you usually see in the real world. Which is usually majority of shares.
midnightmagic: dub: I was floored by the fact that it was so *in that specific locale*.
dub: midnightmagic: its not the only time you have appeared to me to base your arguments around a world view couched in priviledged western culture
Eduard_Munteanu: I guess mircea_popescu pledges to be the benevolent dictator of MPEx forever, after reading a bit through the contract.
mircea_popescu: if at least he had the guts to post something like "Same"
dub: midnightmagic: my memory of it is different, I don't think we were discussing a specific place, only the existence of such places
mircea_popescu: sometimes i suspect there's like five balls in three ballsacks available in the entire continental us.
Eduard_Munteanu: mircea_popescu: out of curiosity, did Silk Road ever approach you? To get listed, raise money and so forth.
dub: anyway, if I don't want this PM to actually climb up my ass I need to deliver some shit so I'm closing this term
midnightmagic: dub: It is a cultural perversion of what appears to be the most successful strategy for human progress.
BitHub: take the girls up and down the river? wtf
BitHub: i thought you were talkig about your daughters or something, till i click on the pics lul wtf
Eduard_Munteanu: Hmm, you know... they also said underground resources belong to the state... wouldn't surprise me if they deem Bitcoin mining a national resource as well. :)
BitHub: lul and these girls are your friends and you just hang out wtih them?
BitHub: making a porno or something?
BitHub: i hope that's me in 5 years haha
BitHub: trying to be realistic
BitHub: it did just give me a huge boost of motivation tho
mircea_popescu: srsly, girls are easy. you just have to make them feel safe they'll do anything.
BitHub: money first, then girls
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.1134 = 0.2268 BTC [+]
assbot: [MPEX] [O.BTCUSD.C330T] 8 @ 0.29248665 = 2.3399 BTC [+]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.22360455 = 223.6046 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.19808896 = 198.089 BTC [-]
Chaang-Noi: BitHub> money first, then girls (this does work well)
Chaang-Noi: anyone happen to know off the top of their head how many avolons were made in batch one? or the total hashing power?
thestringpuller: based on a 500,000 NRE cost on the chips I assume there will be at least 600 total on the first "batch" of chips
Chaang-Noi: i want to know how much asic miner shares are worth
Chaang-Noi: just wonder if bfl will fail hard, are they still bumping or whatever?
assbot: [MPEX] [S.DICE] 1000 @ 0.00550011 = 5.5001 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.0055001 = 2.7501 BTC [-]
dub: midnightmagic: indeed, saw an interesting article about the very young having much greater altrustic tendancies which increases survival odds in an 'all the adults are dead' scenario
midnightmagic: dub: I'm trying to dig up the log because I'm curious what I was thinking at the time. I've actually grown up in a place (yes, they exist even in Canada) where one must assume the stranger is evil.
midnightmagic: dub: Do you have any more keywords for me to search on?
dub: midnightmagic: egrep -i '(dub.*eastern.*europe)' \#bitcoin-assets.log
dub: amusing false positive: 29-11-12-13:45<mircea_popescu> kakobreklaaa it's sharpie in pooper you person of dubious eastern european origin you
dub: midnightmagic: 12-12-12-20:59
midnightmagic: dub: *AWESOME* you just found for me the reference to the mpoe-pr boob pic that I've been searching for forever.
midnightmagic: mircea_popescu: Hey man, in that log on that day you're talking about that boobpic I've been trying to grep for forever.
mircea_popescu: you've prolly given bithub even more determination charges.
mircea_popescu: "<BitHub> it did just give me a huge boost of motivation tho"
midnightmagic: dub: All I see is "[18:01:08] <midnightmagic> dub: What a horrible way to live, in constant fear." I guess all I can say is that's not a statement born of ignorance.
gribble: BTCUSD ticker | Best bid: 34.42598, Best ask: 34.57010, Bid-ask spread: 0.14412, Last trade: 34.42349, 24 hour volume: 14866.21945414, 24 hour low: 33.80000, 24 hour high: 34.61000, 24 hour vwap: 34.21380
assbot: [MPEX] [S.BBET] 72000 @ 0.00175 = 126 BTC [-]
assbot: [MPEX] [S.BBET] 500 @ 0.00196988 = 0.9849 BTC [+]
assbot: [MPEX] [S.BBET] 555 @ 0.00196989 = 1.0933 BTC [+]
assbot: [MPEX] [S.BBET] 1945 @ 0.00197 = 3.8317 BTC [+]
Bowjob: dice took a beating today
assbot: [BTCTC] [BTC-BOND] 35 @ 0.00999 = 0.3497 BTC [+]
assbot: [MPEX:S.BBET] 1D: 0.00175 / 0.00175879 / 0.00197 (75000 shares, 131.91 BTC), 7D: 0.00175 / 0.00177002 / 0.00197 (79299 shares, 140.36 BTC), 30D: 0.0003 / 0.00165663 / 0.00197 (127408 shares, 211.07 BTC)
assbot: [BTCTC] [GSDPT] 29 @ 0.0059 = 0.1711 BTC [+]
Bowjob: I got out of dice just before it came tumbling
Bowjob: im pissed I have900 shares left..
assbot: [BTCTC] [BTC-TRADING-PT] 70 @ 0.099 = 6.93 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00550001 = 11 BTC [-]
Bowjob: BTC is getting more and more valuable
Bowjob: and less and less people bet
maximian: less and less people bet? Doesn't look like it
maximian: Bitcoin should be renamed "Satoshi Dice presents Bitcoin"
mircea_popescu: after 2 years of pretty much nothing but scam after scam after scam many feel uneasy about keeping btc invested in same place
mircea_popescu: you know the joke about the guy who cashed his bank account because he wanted to count his money ? something of the sort.
assbot: [MPEX] [S.MPOE] 7 @ 0.00077068 = 0.0054 BTC [-]
assbot: [MPEX] [S.MPOE] 493 @ 0.00077068 = 0.3799 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00550001 = 11 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00550001 = 5.5 BTC [-]
assbot: [BTCTC] [GSDPT] 700 @ 0.0059 = 4.13 BTC [+]
gribble: BTCUSD ticker | Best bid: 34.60667, Best ask: 34.61000, Bid-ask spread: 0.00333, Last trade: 34.61000, 24 hour volume: 14786.71661983, 24 hour low: 33.80000, 24 hour high: 34.61000, 24 hour vwap: 34.22162
Namworld: mircea_popescu &/or kakobrekla
Namworld: BBET statement says 5.44167918 BTC to be distributed as dividends. On 10 million shares, that's like 54.4 satoshi per share, but MPEx shows 32 satoshi per share. What's with that?
gribble: BTCUSD ticker | Best bid: 34.45894, Best ask: 34.50000, Bid-ask spread: 0.04106, Last trade: 34.50000, 24 hour volume: 15041.28017977, 24 hour low: 33.80000, 24 hour high: 34.61000, 24 hour vwap: 34.22749
mircea_popescu: Namworld mpex got confused by the mistaken notion that 5mn shares are actually out
Namworld: So long as the amount shown in my stats are good. But odd for the display.
assbot: [HAVELOCK] [SDICE] 4 @ 0.61 = 2.44 BTC [-]
mircea_popescu: "с умопомрачительным дизайном и таким же юзабилити :)"
assbot: [BTCTC] [GSDPT] 150 @ 0.0059 = 0.885 BTC [+]
Bugpowder: Molecular. That bet paid out already
Bugpowder: There was some issues with transaction size limits, info in a triilrma post
molecular: Bugpowder, I thought it'd state the payouts on the site... rechecking, maybe I just overlooked
Bugpowder: 1mb was too small for the total transaction! Had to be split
Bowjob: The dude now has 5 of those babies
midnightmagic: Bowjob: One of their Chinese customers stripped it apart I think and took a picture.
Bowjob: when i get mine, id be making $30 a day lol
Bowjob: I just hope BFL fucks up again, just pleaseee
Bowjob: looks like avalon will deliver their promise by april 1st
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.115 BTC [+]
midnightmagic: Bowjob: Last update said something about all b#1 orders will have been shipped by mar 10, and everyone should have them by mid- to end of march..
midnightmagic: I really never thought Avalon would beat them all to the punch like this.
midnightmagic: I threw some orders at them just for the appreciation of their work with Icarus.
mircea_popescu: midnightmagic it's an avalon/asicminer tie so far, apparently.
Bowjob: so its avalon 1, then bfl 1.. then avalon 2?
midnightmagic: mircea_popescu: *technically* Avalon boxes started hashing first. :)
Bowjob: then theres this hungarian company that apparently made an asic as well
midnightmagic: mircea_popescu: And in the hands of actual customers..
Bowjob: hungary.. is it a safe place?
midnightmagic: Bowjob: There's also a 22nm asic SOC vendor that's farming out chips to board designers.
Bowjob: yeah, yifu is interested in that as well
Bowjob: mining competition is gonna be really tough this year
Bowjob: my electricity costs are 10 cents per kwh
Bowjob: well, its 6.8 cents for the first 1350 KW, then the rest is billed at 10.12 cents thereafter
Bowjob: electricity doesnt matter at this point.. not yet anyway
midnightmagic: Bowjob: consumer wins, we just have to time our buys right..
Bowjob: its the first who gets the asic
midnightmagic: Bowjob: I suspect if we care about power consumption now, we'll end up winning in the long run. They're all priced approximately the same.
midnightmagic: Bowjob: There's an *enormous* wave of mining customers coming soon-ish due to the sudden tidal wave price. Getting in line at this point for summertime asic is going to be a bad move..
assbot: [MPEX] [S.DICE] 17 @ 0.00560002 = 0.0952 BTC [+]
assbot: [MPEX] [S.MPOE] 6115 @ 0.00076564 = 4.6819 BTC [-]
assbot: [MPEX] [S.MPOE] 4400 @ 0.00077068 = 3.391 BTC [+]
assbot: [MPEX] [S.MPOE] 1357 @ 0.00077069 = 1.0458 BTC [+]
assbot: [BTCTC] [BTC-BOND] 10 @ 0.00983 = 0.0983 BTC [-]
assbot: [BTCTC] [BTC-BOND] 11 @ 0.009821 = 0.108 BTC [-]
assbot: [BTCTC] [B.YABMC] 28 @ 0.0075 = 0.21 BTC [-]
assbot: [BTCTC] [GSDPT] 100 @ 0.00573 = 0.573 BTC [-]
assbot: [BTCTC] [GSDPT] 100 @ 0.00561 = 0.561 BTC [-]
gribble: BTCUSD ticker | Best bid: 35.20000, Best ask: 35.30000, Bid-ask spread: 0.10000, Last trade: 35.30000, 24 hour volume: 28845.84682379, 24 hour low: 33.98600, 24 hour high: 35.35000, 24 hour vwap: 34.73691
assbot: [BTCTC] [GSDPT] 290 @ 0.00561 = 1.6269 BTC [-]
assbot: [BTCTC] [GSDPT] 319 @ 0.00561 = 1.7896 BTC [-]
Namworld: Who wants some S.DICE before the dividend arrives?
gribble: Next difficulty estimate | 4859710.18648 based on data since last change | 4903754.75592 based on data for last three days
gribble: BTCUSD ticker | Best bid: 36.00000, Best ask: 36.00714, Bid-ask spread: 0.00714, Last trade: 36.00000, 24 hour volume: 34856.36975002, 24 hour low: 33.99871, 24 hour high: 36.15000, 24 hour vwap: 34.95547
assbot: [HAVELOCK] [SDICE] 3 @ 0.595 = 1.785 BTC [-]
Namworld: price going up again and again
assbot: [HAVELOCK] [SDICE] 5 @ 0.595 = 2.975 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.595 = 7.14 BTC [-]
assbot: [MPEX] [S.DICE] 555 @ 0.00594999 = 3.3022 BTC [-]
assbot: [MPEX] [S.DICE] 445 @ 0.00595 = 2.6478 BTC [+]
assbot: [BTCTC] [BTC-MINING] 2 @ 0.034 = 0.068 BTC [-]
assbot: [MPEX] [S.MPOE] 6771 @ 0.00076784 = 5.199 BTC [-]
assbot: [MPEX] [S.MPOE] 1779 @ 0.00077999 = 1.3876 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.595 = 3.57 BTC [-]
maximian: Anyone know where Erik has been travelling?
Namworld: I think he went to the Earth's core or something. Unfortunately there's no vehicle capable of reaching there and he started his journey by jumping in a volcano.
Namworld: Spouting random made up stuff.
TomServo: Isn't that the beginning of the Scientology story?
maximian: Maybe he's working on selling S.DICE to the crab people
Namworld: I thought spouting random stuff was Bitcoin's national sport.
Namworld: But apparently what I'm saying was not random at all.
mircea_popescu: "everything new in this world is the history you didn't know"
maximian: So, someone moved 10,000 BTC back into MPEx:
Bugpowder: its funny that he moved it all in instead of just 1750 though
Bugpowder: because that address is from when he withdrew 10k last time
Bugpowder: and he said on the forum that he just deposited
Bugpowder: prop up the S.DICE value post div ;-)
maximian: maybe he just didn't think about it, was in a hurry
topace: i dunno, if i was moving $350000 wort of coins, i think i'd stop to "think about it"
assbot: [MPEX] [S.MPOE] 1868 @ 0.00077999 = 1.457 BTC [+]
assbot: [MPEX] [S.MPOE] 9982 @ 0.00078 = 7.786 BTC [+]
Bugpowder: but maybe I don't understand the backend
mircea_popescu: 13mn in third party hands on the market + 37 mn in erik's hands on the market = 50mn
mircea_popescu: +50mn which make up the golden ticket = 100mn, whole float.
gribble: BTCUSD ticker | Best bid: 36.31083, Best ask: 36.44000, Bid-ask spread: 0.12917, Last trade: 36.33499, 24 hour volume: 41528.95196789, 24 hour low: 33.99871, 24 hour high: 36.50000, 24 hour vwap: 35.17091
maximian: So he still has to pay divs to the 37mn shares that aren't on the market?
Bugpowder: I new I should have waited a few more hours before buying something on bitcoinstore.com
maximian: I should say, that he hasn't sold yet
Bugpowder: the confusion may come in the Dividends box
maximian: So shouldn't last month's divs have been 10,000 BTC instead of 2,000?
mircea_popescu: maximian but last month there literally were only 10mn on the market.
mircea_popescu: mpex won't let someone pay fewer shares than actually are issued
mircea_popescu: so every time a dividend is pay you actually know the actual exact total, from the receipt.
assbot: [MPEX] [S.MPOE] 6000 @ 0.00078 = 4.68 BTC [+]
maximian: good to know. I had forgotten that the contracted allowed for evoorhees to put another 40mn shares on the market last month.
assbot: [MPEX] [S.DICE] 1000 @ 0.00594999 = 5.95 BTC [-]
mircea_popescu: someone declares X dividends, he'd better be able to show the cash too
assbot: [MPEX] [S.DICE] 355 @ 0.00595 = 2.1123 BTC [+]
assbot: [MPEX] [S.DICE] 2000 @ 0.00597999 = 11.96 BTC [+]
gribble: Next difficulty estimate | 4825329.9214 based on data since last change | 4946742.16185 based on data for last three days
gribble: Nick 'burnside', with hostmask 'burnside!~burnside@12.9.242.2', is not identified.
gribble: 1 BTC = 36.70000 U.S. dollars = 28.2568525 Euros
gribble: 1 XAU = 1573.500000000000 USD = 43.0861572542 BTC
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.3333 = 0.9999 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 30 @ 0.33317 = 9.9951 BTC [-]
Bugpowder: The price of a 25BTC Casascius coin > 1 Kruggerand.
Bugpowder: I should take a side by side pic and post to reddit as well.
assbot: [HAVELOCK] [SDICE] 9 @ 0.6 = 5.4 BTC [+]
gribble: Nick 'FabianB', with hostmask 'FabianB!~ogg@unaffiliated/fabianb', is identified as user fabianb, with GPG key id 797C1106D52E79DF, key fingerprint 9B854E5F36B927C9C365F208797C1106D52E79DF, and bitcoin address 18Wnjc1fcWDboZDHNsn48URtwGaqRjPnAt
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.655 = 3.275 BTC
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.65 = 5.2 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.65 = 9.75 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 11 @ 0.65 = 7.15 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.65 = 6.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 16 @ 0.65 = 10.4 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.65 = 3.9 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 50 @ 0.65 = 32.5 BTC [-]
assbot: [BTCT:ASICMINER-PT] 1D: 0.65 / 0.6502 / 0.655 (122 shares, 79.3 BTC), 7D: 0.65 / 0.6502 / 0.655 (122 shares, 79.3 BTC), 30D: 0.65 / 0.6502 / 0.655 (122 shares, 79.3 BTC)
jurov: you're out of options? so early in month?
ZedsterX: there goes all my shares cuz getting BTC in DK over the weekend sucks
assbot: [BTCTC] [BASIC-MINING] 5 @ 0.34499 = 1.725 BTC [+]
jurov: lmao "Budapest is known for a hub of scamming activity"
jurov: that primeasic thread starts being juicy
jurov: well, if the hungarian govt is considered, that's fair assessment
parseval: Nice, the asicminer pass-through went active
jurov: mircea, have you seen wikipedia's world penis length map?
jurov: hungary looks like a piece of africa there
dub: temptation to sell rising
assbot: [MPEX] [S.DICE] 3 @ 0.0055 = 0.0165 BTC [-]
Lyspooner: i hope kim dotcom gets credit for inventing bitcoin
Lyspooner: he's a much more flamboyant leader than, say, gavin
ZedsterX: isn't budapest Rocco Siffredi's home?
Lyspooner: he will portray himself that way and the media will follow along
dub: idk about stupid, takes some ability to copy a business model and make buttloads off it
mircea_popescu: since they took ford's model and are currently raping the americans with it.
dub: I didn't say they were stupid
dub: I thought his new project was inventing crypto
dub: Lyspooner: what does your question relate to?
Lyspooner: it's on the bottom of the mpex list of contracts
gribble: Nick 'burnside', with hostmask 'burnside!~burnside@12.9.242.2', is identified as user burnside, with GPG key id 990D4DB54ECDA3C6, key fingerprint 2EEB40C9DF5E25E6BD3A7BF8990D4DB54ECDA3C6, and bitcoin address None
burnside: <mircea_popescu> now what happens if six months down the road friedcat pulls a gigavps ? -- I think we would have to do the AML paperwork.
mircea_popescu: burnside i'm just saying, you are underwriting a lot of risk that you can't control.
burnside: definitely. thus the disclaimers in the contract.
burnside: I'm more worried about their competition beating them out though than I am about friedcat running off.
mircea_popescu: it's not your fault, best i can see, just asicminer acting very weird.
burnside: Yeah, I can't figure out if it's the lack of sleep, or what.
dub: what is the weird acting?
mircea_popescu: dub baiscally they choked their investors by refusing to list to the point that people out of sheer desperations made private pts
mircea_popescu: now one of the most promising ipos of the year so far has been reduced to a 70 btc opening day.
Namworld: god, why did I sold all these ASICMINER shares for 0.40 =/
dub: Namworld: want to buy some?
Namworld: I sold some time ago? Before she even said anything I believe.
burnside: tbh tho, 0.4 is still 4x what you got 'em for, no?
burnside: not a bad return on ~6 months?
ZedsterX: i want to buy some but banks are too slow
Namworld: Also if Friedcat had shares trading again after GLBSE closed you would probably have been able to buy back my ASICMINER cheap to fill that short contract.
mircea_popescu: Namworld at any point between october and january they could have listed and been tip top shape
dub: mircea_popescu: so in reality your 'acting weird' could simply be explained by, inability to strategize
dub: to me its just acting chinese
mircea_popescu: i've not fucked enough chinese girls to have a clue so far.
Namworld: Instead of lending to Amazingrando.
dub: the failure here is your preconception of normal thiking
Anduck: Namworld: how much they're paying now?
Namworld: ASICMINER already sent a first payment?
mircea_popescu: in other news, mpex db dump has been optimized to take up less space. nothing's broken, it's just naturally halfsized.
Anduck: mircea_popescu: yeah they paid 0.025 btc/share
Namworld: hmm... If you had bought back then 10k USD of bitcoins at 5 USD each for 2k BTC
Anduck: how much are they selling those shares for?
Anduck: !ticker btct asicminer-pt
assbot: [BTCT:ASICMINER-PT] 1D: 0.65 / 0.6502 / 0.655 (122 shares, 79.3 BTC), 7D: 0.65 / 0.6502 / 0.655 (122 shares, 79.3 BTC), 30D: 0.65 / 0.6502 / 0.655 (122 shares, 79.3 BTC)
Anduck: couldnt do it urself???
Namworld: and bought 20k ASICMINER (10k USD). You'd now have 20k x 0.65 BTC = 13 000 BTC worth
Namworld: or close to half a million dollar at today's prices
mircea_popescu: Namworld no. things don't scale like that. you'd have ~70 btc's worth of shares and 12930 btc worth of paper & dreams.
Anduck: i bought asicminer with all my glbse stack xD
Namworld: mircea: I'm only evaluating current trading price.
Anduck: but -really- they buy asicminer for 0.65?? =D
Namworld: As long as ASICMINER keeps up like that.
mircea_popescu: Anduck i think if you push burnside your stocks you get the pt and can trade
Namworld: You could sell part for your initial 2k BTC no problem tho.
ThickAsThieves: you can push to Deadterra on BF too, he's free, and takes 0% of divs
Anduck: nah i dont wanna trade, mp
mircea_popescu: no Namworld. if asicminer keeps up like it's currently doing it'll go to shit.
mircea_popescu: but this is a. less than dividends for most stocks b. much less than mpoe bonds etc.
Namworld: But daily interest, callable at face value anytime.
Namworld: I guess the possibility to withdraw at face value anytime is interesting enough.
mircea_popescu: we totally have to shed these paycheck loan faces off btc already
dub: Namworld: you pay interest daily? as divs oslt
blu3gr1ffon: I used to work in title loans and payday lending.
assbot: [BTCTC] [BTC-TRADING-PT] 100 @ 0.1231 = 12.31 BTC [+]
Namworld: Comes to 300 satoshi per 0.01 BTC share daily.
B0g4r7_: I always wondered what would happen if I brought in the title to my wrecked car.
burnside: wow ltc is back on the rise. Network Hash Rate 1,018.123 GH/s
B0g4r7_: If I tried at a few different loan places the odds get pretty good.
blu3gr1ffon: B0g4r7_: we did, full checks. does it run, does it go into reverse, is anything spewing.
blu3gr1ffon: then we'd give them 1/4 - 1/2 NADA value. they'd give us title
blu3gr1ffon: we housed at our associates property. tow lot.
B0g4r7_: Throw in a bail bondsman, a PI, and a debt collection agency and you've got a full house.
blu3gr1ffon: WE got into it from check cashing, so we were half-way there.
blu3gr1ffon: in house collections. nice to know a skilled skip tracer
blu3gr1ffon: course, internets makes their job easier these days
assbot: [MPEX] [S.DICE] 1000 @ 0.005501 = 5.501 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.005501 = 5.501 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.005501 = 5.501 BTC [+]
Lyspooner: in 2001 kim dotcom bought 375,000 EUR worth of shares in letsbuyit.com and subsequently announced is intention to invest 50 million euros in the company.
Lyspooner: the announcement caused the share value of letsbuyit.com to jump and dotcom cashed out, making a profit of 1.5 million eur
assbot: [MPEX] [S.DICE] 661 @ 0.005501 = 3.6362 BTC [+]
dub: pretty sure he's gettign extradited from nz
gribble: BTCUSD ticker | Best bid: 36.27000, Best ask: 36.27099, Bid-ask spread: 0.00099, Last trade: 36.27700, 24 hour volume: 44153.48588405, 24 hour low: 34.16966, 24 hour high: 36.70000, 24 hour vwap: 35.37953
dub: he's on some form of bail iirc
dub: judge gave him bail after a bunch of illegal shit about his arrest surfaced
mircea_popescu: the usual "we confiscate all your money now you go ahead hire lawyers"
dub: and the lulzy.. spook dept. that isnt allowed to spy on nz citizens, didn't know he was a citizen
gribble: BTCUSD ticker | Best bid: 36.27100, Best ask: 36.30000, Bid-ask spread: 0.02900, Last trade: 36.30000, 24 hour volume: 44219.25916777, 24 hour low: 34.16966, 24 hour high: 36.70000, 24 hour vwap: 35.38096
gribble: 1 BTC = 36.30000 U.S. dollars = 27.9488759 Euros
assbot: [MPEX] [S.DICE] 100 @ 0.0055 = 0.55 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.00525106 = 2.6255 BTC [-]
dub: Kim is about to dump, suggset panic selling
Bugpowder: nah he is gonna pump this shit up.
Bugpowder: Now my wife's girlfriends are asking me how to buy coins.
Bugpowder: when they tip you off. Time to sell.
dub: sup, you Kim Dotcom?
mjr___: by the way, good job on the OIX mircea
mjr___: just referred my friend
mjr___: he signed up for coinbr, did the referral code and all that work out right?
assbot: [MPEX] [S.MPOE] 8700 @ 0.00077308 = 6.7258 BTC [-]
jurov: but he has to fund to be able to do anything ofc.
jurov: ah, that was him. yes, it's well.
mjr___: waiting on it to verify now, i think
mjr___: haven't checked blockchain info in a few min
jurov: oh someone sent 30 yest.. so this is other one
mjr___: i'm actually on his comp right now, he prob goes by pgp
mjr___: but he hasn't talked much on this channel
mjr___: your the best jurov thanks a bunch
jurov: :) had to forward it, need to wait a bit
assbot: [MPEX] [S.DICE] 3000 @ 0.0056 = 16.8 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.6 = 2.4 BTC [+]
assbot: [HAVELOCK] [SDICE] 21 @ 0.596 = 12.516 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.595 = 2.975 BTC [-]
dub: dice div come through?
kakobrekla: assbot will tell you when that happens
jurov: mircea_popescu, will you delist s.dice if erik won't make it in 3 hours?
jurov: it says before 5th
mircea_popescu: (e)The representatives of SatoshiDice solemnly promise and warrant that complete and accurate Statements of Profit and Loss for each calendar month will be published by them no later than by the fifth day of the new month.
mircea_popescu: (f)Immediately upon publication of each Statement of Profit and Loss SatoshiDice will pay to shareholders
mircea_popescu: well... e he did, f however no. let's see what he's up to
Bowjob: I was leaning on "yes" since apparently they are getting their shit together.. now im not sure again
Bowjob: Yifu apparently bet on the BFL march bet and won a fuckton
Bowjob: he's probably the one who put up 300++ BTC
Bowjob: mhm. I thought it was you
dub: trendon shavers showing up in my linkedin cloud
dub: I have no bitcoiners on there so srsly wtfing
iz: and endorce him for pyramid marketing
dub: I must have stalked them at some point
guruvan: what's up in here - been a minute since I've been in
guruvan: ohai MP - how's things? good to see you
B0g4r7_: Does bitbet work linke BoB where they close the statement to betting if it becomes moot?
guruvan: mircea_popescu: bitbet looks pretty good - was checking it out today some
B0g4r7_: Like, suppose BFL ships March 10, will the bet still be open?
B0g4r7_: I know they won't but if they did...
mircea_popescu: B0g4r7 nah, once it's clear a bet ended early they get closed
B0g4r7_: "If no product has shipped by February 28th/2013, the product shall be considered vapourware and the statement shall be ruled as draw."
B0g4r7_: I just got refunded for that one.
mircea_popescu: wtf bullshit bfl sponsored meni rosenfeld crap is this
mircea_popescu: "we're making a bet except if we lose it's really get our money back"
dub: why does only faggy shit get through bash.org mods
Bugpowder: yeah I was going to drop major coin on that bfl bet, then I read the fine print.... DRAW?
dub: none of the comedy gold I've submitted over the years has made it
B0g4r7_: "This is gold, Jerry! Pure gold!"
Bowjob: lol. Im confused now.. I want to be on blue.. but WTF
assbot: [MPEX] [S.DICE] 846 @ 0.005501 = 4.6538 BTC [-]
Bugpowder: It's the 10% of advertised specs part that has me worried
gribble: Next difficulty estimate | 4900626.90236 based on data since last change | 4958374.43923 based on data for last three days
B0g4r7_: Maybe primeasic pirated Avalon's chip design.
B0g4r7_: It'd be about right for the power numbers.
assbot: [HAVELOCK] [SDICE] 4 @ 0.5951 = 2.3804 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.595 = 2.975 BTC [-]
jurov: if avalon is really a fpga's hardcopy, baybe they just used same blob
B0g4r7_: hardcopy doesn't come in QFN.
mircea_popescu: it'd be really retarded to make asics as fpga hardcopy wtf.
Bowjob: who knows about blockhain.info here
Bowjob: they are posting the wrong totals on my account
Bowjob: it should have 195 BTC on that address, not 169
Bowjob: my electrum says 195..
Bowjob: this transaction doesnt make sense, I only spent 56 BTC here
dub: every other bash quote is from some homo efnet oper
dub: its a fucking circlejerk
B0g4r7_: Bowjob, the rest got sent to a "balance address".
Bowjob: whats a balance address
Bowjob: fyi, I only used 1 address ^
B0g4r7_: I'm not entirely clear on it. I think it happens when it needs to split funds or something.
mircea_popescu: bitcoin financial elite steals from ordinary users by redirecting some random % of some txs
B0g4r7_: It gets sent to a newly-generated address that then gets placed i your wallet.
B0g4r7_: The ppl in #bitcoin-dev would know better.
Bowjob: eh.. i dont understand lol
mircea_popescu: Bowjob it's like this : you can only spend a WHOLE input.
iz: B0g4r7_: so you had 82.308 in a single bitcoin address, and you wanted to spend 56.82.. so 56.82 goes to where you want to spend it, and then 25.48 comes back in change to one of your new randomly generated wallet addresses
mircea_popescu: like, if you have 50 btc, the next time you spend ANY btc yougotta spend the whole 50
mircea_popescu: the way this works in practice is that you send however much to who you owe
Bowjob: but.. one thing I don't get.. where is that 25 BTC sent?
Bowjob: I use electrum, only 5 addys
Bowjob: I checked the rest, I don't have them
B0g4r7_: It goes to a newly-generated address in your wallet.
Bowjob: but I can't see the address?
B0g4r7_: The addresses are hidden somehow (maybe?)
Bowjob: yes, its hidden.. umm, but my total says 200 BTC
Bowjob: so it must be here, then its hidden? wtf
assbot: [MPEX] [S.BBET] 500 @ 0.00175 = 0.875 BTC [-]
gribble: BTCUSD ticker | Best bid: 36.01100, Best ask: 36.30000, Bid-ask spread: 0.28900, Last trade: 36.01100, 24 hour volume: 45723.66365557, 24 hour low: 34.19000, 24 hour high: 36.70000, 24 hour vwap: 35.42630
Bowjob: 1G6evBnvqzZ3mDoxbjWivFLVzcG9JBhfXR
Bowjob: It's in this address.. I just don't see it on my client
maximian: mircea_popescu: so evoorhees will actually have to issue a dividend of 6619BTC to cover all 50,000,000 shares?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
mircea_popescu: maximian im not sure of the exact figure. how much did sdice make in feb ?
maximian: evoorhees wrote that he'll be paying 1721BTC, which I assume he calculated based on 13M shares, which works out to 0.00013238 per share
mircea_popescu: course most of it goes back to him i imagine, so it prolly works out to that
maximian: but yeah, a great way to verify income
Lyspooner: on bitbet, create a long-dated bet with a close to 50-50 outcome, bet both sides of it, take advantage of the early weighting part of the algorithm
mircea_popescu: you underwrite the marketmaker risk for a possible profit down the road.
mircea_popescu: im sure as more people figure out what's what there's going to be bookmaking of this sort, for everyone's benefit
Lyspooner: it's an interesting way to earn positive interest rates on deposits at the expense of later bettors
Bugpowder: This is what I did with the NFL bets
Bugpowder: Also set the ratio at the real moneyline
Lyspooner: i did something like that, where i just bought a bunch of bitcoins with money
Bugpowder: There is actually an optimal amount to rebet as well, against any bets that move the odds away from the line
Bugpowder: however rebetting only works well if you have set the time decay such that there is little or no decay
Bowjob: My prediction back in december
Bowjob: LTC is now at 13 cents.. da fuck is going on
assbot: [MPEX] [S.MPOE] 4018 @ 0.00078 = 3.134 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.000781 = 7.81 BTC [+]
assbot: [MPEX] [S.MPOE] 3400 @ 0.00078284 = 2.6617 BTC [+]
assbot: [MPEX] [S.DICE] 600 @ 0.0055001 = 3.3001 BTC [-]
gribble: BTCUSD ticker | Best bid: 36.01300, Best ask: 36.33600, Bid-ask spread: 0.32300, Last trade: 36.01300, 24 hour volume: 46753.53869852, 24 hour low: 34.19000, 24 hour high: 36.70000, 24 hour vwap: 35.45420
gribble: BTCUSD ticker | Best bid: 36.07110, Best ask: 36.33000, Bid-ask spread: 0.25890, Last trade: 36.07110, 24 hour volume: 46733.12002181, 24 hour low: 34.19000, 24 hour high: 36.70000, 24 hour vwap: 35.45680
assbot: [BTCTC] [S.DICE-PT] 65 @ 0.0059 = 0.3835 BTC [+]
Bowjob: the electrum irc is useless
Bowjob: everyone there is in limbo
assbot: [HAVELOCK] [HIM] 1 @ 1.4001 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.4001 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 5 @ 0.18595405 = 0.9298 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.595 = 2.38 BTC [-]
assbot: [MPEX] [S.DICE] [PAID] 6,621.40925 BTC to 50`000`000 shares, 13242 satoshi per share
assbot: [HAVELOCK] [HIM] 1 @ 1.4000101 BTC [-]
assbot: [HAVELOCK] [HIM] 15 @ 1.40001001 = 21.0002 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34499 = 0.69 BTC [+]
assbot: [MPEX] [S.DICE] 1620 @ 0.005967 = 9.6665 BTC [+]
mircea_popescu: what the fucking hell it downtrends pre div and then UPTRENDS post div ?
Bugpowder: Maybe if people think he ain't gonna pay
assbot: [MPEX] [S.DICE] 400 @ 0.00596998 = 2.388 BTC [+]
assbot: [MPEX] [S.DICE] 2000 @ 0.00596999 = 11.94 BTC [+]
assbot: [MPEX] [S.DICE] 4600 @ 0.00597 = 27.462 BTC [+]
assbot: [MPEX] [S.DICE] 619 @ 0.00598 = 3.7016 BTC [+]
assbot: [MPEX] [S.DICE] 147 @ 0.00599999 = 0.882 BTC [+]
assbot: [MPEX] [S.DICE] 1661 @ 0.00599999 = 9.966 BTC [+]
assbot: [MPEX] [S.DICE] 5000 @ 0.006 = 30 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00600768 = 6.0077 BTC [+]
assbot: [MPEX] [S.DICE] 7695 @ 0.00611032 = 47.0189 BTC [+]
assbot: [MPEX] [S.DICE] 3536 @ 0.00620077 = 21.9259 BTC [+]
error4733: "maybe some people reinvesting divs"
ThickAsThieves: is why it always goes up after divs, it's a testament to SDICE's allure
assbot: [MPEX:S.DICE] 1D: 0.00500002 / 0.00587605 / 0.00620077 (53227 shares, 312.76 BTC), 7D: 0.0048 / 0.00584889 / 0.0063799 (341165 shares, 1,995.44 BTC), 30D: 0.0042 / 0.00595448 / 0.007395 (6741410 shares, 40,141.61 BTC)
assbot: [MPEX] [S.BBET] 700 @ 0.0015 = 1.05 BTC [-]
assbot: [MPEX] [S.MPOE] 5652 @ 0.00078628 = 4.4441 BTC [+]
assbot: [MPEX] [S.MPOE] 1399 @ 0.00075212 = 1.0522 BTC [-]
assbot: [MPEX] [S.MPOE] 16940 @ 0.00075072 = 12.7172 BTC [-]
assbot: [MPEX] [S.MPOE] 2280000 @ 0.00075 = 1710 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 96 @ 0.0059 = 0.5664 BTC [+]
blu3gr1f1on: I wish betbet resolutions were as fast as s.dices.
assbot: [MPEX] [S.DICE] 200 @ 0.00620076 = 1.2402 BTC [-]
assbot: [MPEX] [S.DICE] 5336 @ 0.00620077 = 33.0873 BTC [+]
assbot: [MPEX] [S.DICE] 134464 @ 0.006225 = 837.0384 BTC [+]
the_silent_wande: because I made that bet like three hours before it got confirmed, and I really want it to not be refunded.
blu3gr1f1on: it would make you a sort of magical unicorn, able to determine outcomes of user submitted gobshite bets
blu3gr1f1on: the_silent_wande: are you the last bet for 1btc?
assbot: [HAVELOCK] [SDICE] 4 @ 0.6295 = 2.518 BTC [+]
blu3gr1f1on: you should not keep coins there. buy them, and MOVE THEM.
blu3gr1f1on: great way to get your hands on them. poor way to store them.
BitHub: what happened with PrimeAsic?
assbot: [HAVELOCK] [SDICE] 1 @ 0.6295 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.12260046 = 1122.6005 BTC [-]
assbot: [BTCTC] [GSDPT] 96 @ 0.0061 = 0.5856 BTC [+]
assbot: [BTCTC] [GSDPT] 564 @ 0.00617 = 3.4799 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.65 = 1.95 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.12080012 = 1120.8001 BTC [-]
assbot: [BTCTC] [COGNITIVE] 6 @ 0.3 = 1.8 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 6 @ 0.34499 = 2.0699 BTC [+]
assbot: [BTCTC] [GSDPT] 100 @ 0.00617 = 0.617 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
gribble: BTCUSD ticker | Best bid: 36.22123, Best ask: 36.40000, Bid-ask spread: 0.17877, Last trade: 36.40000, 24 hour volume: 47630.33370173, 24 hour low: 34.19000, 24 hour high: 36.70000, 24 hour vwap: 35.51830
Chaang-Noi: wow.. i really should sleep more often
assbot: [MPEX] [S.MPOE] 34600 @ 0.00075 = 25.95 BTC [-]
error4733: freeroll in 20min but need 4 players to start
Bowjob: oh , i was talking about dice
gribble: BTCUSD ticker | Best bid: 36.39746, Best ask: 36.39929, Bid-ask spread: 0.00183, Last trade: 36.39930, 24 hour volume: 47668.19097261, 24 hour low: 34.19000, 24 hour high: 36.70000, 24 hour vwap: 35.52726
BitHub: hey anyone selling BTC in AUD? yeah i've tried otc
assbot: [BTCTC] [S.MPOE-PT] 4 @ 0.00078 = 0.0031 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00196 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 100 @ 0.00196 = 0.196 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 100 @ 0.00195 = 0.195 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 30 @ 0.00195 = 0.0585 BTC [-]
gribble: There are currently 62067.62 bitcoins offered at or under 1000.0 USD, worth 6529233.27387 USD in total. | Data vintage: 0.0033 seconds
assbot: [MPEX] [S.MPOE] 5000 @ 0.00075 = 3.75 BTC [-]
gribble: BTCUSD ticker | Best bid: 36.16100, Best ask: 36.35000, Bid-ask spread: 0.18900, Last trade: 36.39999, 24 hour volume: 46677.07588137, 24 hour low: 34.19000, 24 hour high: 36.70000, 24 hour vwap: 35.55065
Bowjob: just an ordinary day in bitcoinland
assbot: [MPEX] [S.MPOE] 5000 @ 0.00075 = 3.75 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.11601409 = 1116.0141 BTC [-]
error4733: sorry Namworld.. i forgot about asking here... I just want so see if it's better than sealclub
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.11601409 = 1116.0141 BTC [-]
dub: error4733: haven't been on there for a while, have they actually got players these days? used to be a ghost town
dub: I for one support any site that takes users away from micon
pigeons: he's the pro, he didn't own it
Chaang-Noi: okay, well who ever had it i think sold it
dub: oh, I stopped playing there because he's an assclown
[\\\]: micon never owned seals afaik
Chaang-Noi: when your paid pro gets business to stop playing lol
[\\\]: he was just a talking head
Chaang-Noi: i just remeber reading about seals being sold, i dont know by whom or to whom
pigeons: way to spread the facts ;)
Bugpowder: Seals is run by shady poker scammers
dub: I like this ssaCEO's style however, he's like the al swearengen of pr
Bugpowder: According to a friend who knows them from way back in poker land
pigeons: this channel is the no gossip express today
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.11601409 = 1116.0141 BTC [-]
Chaang-Noi: ltc is not a btc assets but anyone know why it went up 100% in 1.5 days?
pigeons: kimdotcom is accepting it for mega and pirate will pay everyone back in ltc
[\\\]: Chaang-Noi: same reason bitcoin has gone up 5% a day for the last several weeks.
dub: I think more likely because eskimobobs ugly mug mining operation is getting underway
pigeons: i've got one of those mugs and it is gorgeous actually
pigeons: but eskimobobs ugly mug mining operation sounds better
[\\\]: its like calling a chunk of frozen tundra greenland
[\\\]: and a chunk of beautiful land iceland
pigeons: yeah i already posted pictures maybe again later
Chaang-Noi: oh, yeah if you do send link please, thanks
dub: inb4 the mug gives you aids
Chaang-Noi: lol, are we all drunk/high on caffine today? :)
pigeons: i don't think its aids, i think maybe i just have mono
Chaang-Noi: ahh, pigeons is sick, sorry to hear that man
assbot: [MPEX] [S.MPOE] 5815 @ 0.00074361 = 4.3241 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.11362916 = 1113.6292 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.00614 = 0.0307 BTC [+]
dub: srsly though a home made out of who knows what mixture of clay, mud and the feces eskimoboob probably smears all over himself
dub: poorly glazed, porous, harbouring all manner bacteria and auto-immune disease
dub: be prepared for a slow and painful death shitting yourself inside out from dysentery
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.11303376 = 1113.0338 BTC [-]
mircea_popescu: i been sorta watching his venture peripherally, i find the idea rather amusing
dub: well, if you are comfortable easting your cornflakes out of any random homless persons asshole then go right ahead
dub: in food hygene terms its the same thing
[\\\]: give the girl a raise
mircea_popescu: worst racket in the world, if you have no trade you're depressed, if you get trade you're worried.
mircea_popescu: dub it's amusing inasmuch as there's this new trend among the terminally retarded lefties
mircea_popescu: as fucking if a. what they did was art and b. you can make money at art w/o an elite
dub: mircea_popescu: hey if he can scrape a living out of exploiting hippies thats fine. Putting anything you plan to ingest in a home made pottery receptacle is gastric russian roulette
dub: its not my model bro
[\\\]: wait, you invested in dankbank?
dub: as long has pigeons has exploding colon insurance he'll be fine too
mircea_popescu: you know there's some vitamin that you only get by eating dirt basically ?
[\\\]: yeah, its called "vitamin stupid"
dub: firstly there's no vitamin b its a group of vitamins and you get them from lots of places
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.11124958 = 1111.2496 BTC [-]
mircea_popescu: well really, some bacteria which unlike us can synthesize it
dub: eatign dirt is not a good idea, listeria is a very nasty way to die
dub: need vit. b? drink red bull you'll live longer
assbot: [BTCTC] [BITVPS] 1 @ 0.00408 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 14 @ 0.65 = 9.1 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 91 @ 0.00614 = 0.5587 BTC [+]
BitHub: i just got some on BitFunder
assbot: [BTCTC] [S.DICE-PT] 49 @ 0.00615 = 0.3014 BTC [+]
Chaang-Noi: i dont know the name of that other exchange :/
BitHub: this might sound really n00b but is there a way to exchange between PT's
Chaang-Noi: you could but it would be a pain in the ass
BitHub: for example say i want an asset on BF but i only have a mpex account but i could buy an asset on BF using or leveraging an asset i have on MPEX to buy that asset on BF
Namworld: Not sure I understand what you mean...
dub: havelock has just implemented that
BitHub: i dont know like i said i'm probably being a real n00b
dub: (if I understood correctly)
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34499 BTC [+]
assbot: [MPEX:S.MPOE] 1D: 0.00074361 / 0.00075087 / 0.00078628 (2432192 shares, 1,826.28 BTC), 7D: 0.0007147 / 0.00075245 / 0.00078628 (3534723 shares, 2,659.72 BTC), 30D: 0.0006153 / 0.00067759 / 0.00078628 (62988367 shares, 42,680.30 BTC)
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 1.1100618 = 1110.0618 BTC [-]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08490939 / 41.20198681 / 46.0855546 (no shares, 6,242.04 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
Namworld: some S.DICE-PT available for 0.00599
gribble: BTCUSD ticker | Best bid: 36.85901, Best ask: 36.89300, Bid-ask spread: 0.03399, Last trade: 36.89300, 24 hour volume: 48595.38328206, 24 hour low: 34.34200, 24 hour high: 36.90000, 24 hour vwap: 35.65034
Namworld: what, we're already hitting 37
error4733: not fun for me, since i start in december
Namworld: I bought in at 5 USD and 10 USD
Namworld: Haven't sold, lost them to some bad "miner"
assbot: [MPEX] [S.DICE] 100 @ 0.00584168 = 0.5842 BTC [-]
Namworld: ASICMINER is selling for 6x what it IPOed at
error4733: mp : obv, i'm not like i bet my house on infinite rally
error4733: in fact yes, but it's a other question
error4733: i hope a crash for a good re entry spot
BitHub: i'm going to make a long term 100 play
BitHub: so anything under 100$ is good enough for me
Namworld: no, was lending to Amazingrando, waiting to have enough for a BFL rig. But Amazingrando never repaid.
error4733: when i should stop mining with GPU if i thinks BTC'll hit 200$ ?
dub: how much does your power cost
BitHub: so i guess PrimeAsic was fake?
BitHub: that's what i'm asking
assbot: The round stones beneath the earth... have spoken through the fire.
gribble: BTCUSD ticker | Best bid: 36.82002, Best ask: 36.94000, Bid-ask spread: 0.11998, Last trade: 36.80000, 24 hour volume: 49186.53224211, 24 hour low: 34.34200, 24 hour high: 37.00000, 24 hour vwap: 35.67406
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message)
assbot: [MPEX:S.BBET] 1D: 0.0015 / 0.00175636 / 0.00197 (76200 shares, 133.83 BTC), 7D: 0.0015 / 0.00176507 / 0.00197 (79498 shares, 140.32 BTC), 30D: 0.0003 / 0.00165614 / 0.00197 (128608 shares, 212.99 BTC)
mircea_popescu: bitbet bet gives them good odds of being real, but i dunno.
assbot: [MPEX] [O.BTCUSD.P750T] 375 @ 1.10887536 = 415.8283 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.00878 BTC [+]
dub: error4733: if you had cheap power and efficient GPUs you're good till around 100mn diff
error4733: but i want try, i think it's a good way to learn BTC
error4733: don't care about the 0.000000475 btc/day
error4733: good way also to understand altcoin, why is good, why is a scam
dub: not sure it is tbh, theres also teh heat, noise, decreased MTBF of your hardware
dub: might be fun to give it a try but I wouldn't be buying new GPUs at this point unless you plan to pwn n00bs with them on the side
assbot: [MPEX] [S.DICE] 5000 @ 0.00561 = 28.05 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00560001 = 11.2 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.005501 = 2.2004 BTC [-]
assbot: [MPEX] [S.DICE] 200 @ 0.005501 = 1.1002 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.0055 = 0.55 BTC [-]
assbot: [MPEX] [S.DICE] 19900 @ 0.0054 = 107.46 BTC [-]
error4733: no one be objective with altcoin bc they old one but hate the new one, etc
thismustb: hey guys, do you know any MT4 trading platforms that allow leverage and would let you have a live account with not that much money?
thismustb: yea thats why i went to this channel but his site says 50BTC min deposit
thismustb: that's a bit steep at current rates
Chaang-Noi: i use namecheap, can wait to pay my next bills :)
mircea_popescu: wasn't he saying something about deci bitcoin lots or something ?
thismustb: hehe i dont know, i've only traded forex before, no experience in btc yet
thismustb: i just forgot 40$ in bitcoins about a year ago. then i saw btc is at 36$ now
thismustb: i was like wow, i should just try trading that
dub: you are a fucking baller
gribble: BTCUSD ticker | Best bid: 36.80002, Best ask: 36.99960, Bid-ask spread: 0.19958, Last trade: 36.99960, 24 hour volume: 49556.91047748, 24 hour low: 34.34200, 24 hour high: 37.00000, 24 hour vwap: 35.70360
mircea_popescu: that was me in mexico, eating chocolate bonbons in the street
mircea_popescu: with like, a red purse, white suit. sent it back home the agape silence could be heard across the ocean.
assbot: [BTCTC] [GSDPT] 2 @ 0.00616 = 0.0123 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 11 @ 0.65 = 7.15 BTC [-]
ThickAsThieves: i dont understand why people are buying on btct when they are 100% divs on BF
Chaang-Noi: if i used one already id not make a new account for 10 shares and just lose the 5%
Ukto: hopfully soon there will be more reasons to want one exchange over another, at least regarding the services that the exchange offers. >:P
ThickAsThieves: i have nothing against either, but i do find myself on BF more and more
ThickAsThieves: Namworld gets props for being the fastes sdice PT div payer
Namworld: I try to give dividends the same day.
Namworld: I even got the div on S.MPOE out before it was actually made
mircea_popescu: a while back the girl went on some stripper forum to give them free btc
mircea_popescu: the dilemma of cluelessness. if you give it free then it must be worthless or else you wouldn't give it for free. if you sell it then it's not worth it.
dub: on the cam girl forum
mircea_popescu: trying to go through life without a head must be painful.
gribble: BTCUSD ticker | Best bid: 37.21510, Best ask: 37.34000, Bid-ask spread: 0.12490, Last trade: 37.21510, 24 hour volume: 50374.26609504, 24 hour low: 34.34200, 24 hour high: 37.34000, 24 hour vwap: 35.73039
Eduard_Munteanu: I'm pondering what price should I leave a sell order at for the night.
mircea_popescu: 50 i would guess is possible, but over 100 is bubble territory.
Eduard_Munteanu: I think we've just begun attracting the Wall Street guys into it.
Chaang-Noi: it looks like to me all the bears who tried to sell are gone... we dont even get small correctios anymore
gribble: There are currently 18100.683 bitcoins offered at or under 50.0 USD, worth 776692.059089 USD in total. | Data vintage: 67.7184 seconds
Eduard_Munteanu: You kinda get a sort of correction, but it's not much to scalp.
Eduard_Munteanu: I do try to scalp a bit though, I don't make a lot compared to the trend, but it's still something.
ThickAsThieves: i don;t under stand why some millionaire hasn't bought it into oblivion yet
Ukto: they are not millionaires for nothing. well, not most
dub: I think to be safe some millionair would need to buy a proper dev team first
dub: failure there is the biggest risk imo
Chaang-Noi: sold some btc to buy wife a truck, then made it back in one day with ltc
mircea_popescu: "As a complete aside: putting a 5mn BTC buywall @ $200 each up in MtGox might actually be the most rational use of a billion dollars currently. You'll end up with 2-3 mn BTC and the price will be permanently in the hundreds. Profit."
Eduard_Munteanu: mircea_popescu: what's your background btw? Anything economics-related or not?
Eduard_Munteanu: Interesting. Mine's systems / control engineering, though I'm mostly a software dude.
ThickAsThieves: i imagine the bit time alt coins wars is a likely part of butcoins future
mircea_popescu: i was in what they called at the time a "suprareal" class in highschool. basically romania's gifted kids programme.
topace_: hey mircea_popescu you there?
topace_: any chance you can approve my withdraw so i can pay my dividends? :)
topace_: think someone was trying to be sneaky and push units from mpex->havelock to get the dividend twice
topace_: pay dividend first, THEN ill approve the push :)
topace_: i guess thats a "gotcha" for automatic push processing
mircea_popescu: course it may be a good idea to just ignore the thing and let people fleece you.
mircea_popescu: paying a 2% for new business may not be a bad deal, and besides, people value a dollar they think they stole above one they had to earn.
topace_: excellent dividend paid... g'nite
topace_: (and pending mpex push approved)
gribble: Time since last block: 1 minute and 1 second
gribble: Current Blocks: 224327 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 1464 blocks | Next Difficulty In About: 1 week, 1 day, 19 hours, 39 minutes, and 45 seconds | Next Difficulty Estimate: 4826833.94454 | Estimated Percent Change: 10.50758
Chaang-Noi: we had 7 blocks in 15 mins last night...
mircea_popescu: iirc about 2 days ago we were just starting this current diff
ThickAsThieves: maybe something to do with why the diff est was so high at first
Chaang-Noi: i dont think we did 1k blocks in 2 days, thats crazy
gribble: Time since last block: 4 minutes and 22 seconds
Chaang-Noi: yeah i knew it was higher than normal but seemed pretty high even for a ballpark guess
Chaang-Noi: i saw the 7 block in 15 mins and was like shiiit...
gribble: Time since last block: 6 minutes and 32 seconds
Chaang-Noi: its a significant site for tech type people
mircea_popescu: Jill: We hope by the time people get to alerts 5 or 6, they’ll stop. Once they’ve been mitigated, once they received several alerts, we’re just not going to send them any more alerts because they’re not the kind of customer we’re going to reach with this program
mircea_popescu: so basically pay them the 15 cents per movie that the miaa won't take.
Chaang-Noi: was their not already a bitcoin service taht did this?
Chaang-Noi: my parents in the us got rid of tv and got netflixs
Chaang-Noi: if i go back to the usa ill get google fiber
gribble: BTCUSD ticker | Best bid: 37.25001, Best ask: 37.37400, Bid-ask spread: 0.12399, Last trade: 37.37400, 24 hour volume: 51650.54746078, 24 hour low: 34.34200, 24 hour high: 37.70000, 24 hour vwap: 35.79829
BitHub: throwing cash at this thing and losing out
BitHub: tell me if you think this is a good idea
BitHub: from now till end of the year i'm not going to sell any btc and just keep buying and buying up till end of the year
BitHub: so anything under 100$ is good right?
BitHub: do we have a chance of hitting 500 onday?
mircea_popescu: well ok, but ask me for guidance about how to stuff the vagoo, not about wtf the price will be
mircea_popescu: BitHub in principle we have a chance to hit any finite ratio within a finite interval.
ThickAsThieves: if you make a bet for any pool vs BTCguild, that pool's userbase will grow
grubles: i think i just now got the reason for naming assbot it's name
grubles: just change everything to butt
grubles: it's much more politically correct
grubles: (if you google the urban dictionary definition of grubbles, that is)
ThickAsThieves: Would it be possible to definively know if someone bought the entire Gox ask wall for one moment?
ThickAsThieves: wouldn't it be represented visually on goxlive by the center line touching the right side?
grubles: you still couldnt tell if there were 100 people buying coins or 1
grubles: unless you were magicaltux
grubles: since when do stormtroopers wear sheets
grubles: everything but their stormtrooper helmet?
grubles: thats a bit ironic isnt it?
BitHub: one of your camping trips again mircea?
grubles: mircea_popescu: youre missing out
mircea_popescu: "Well I was looking for a trader to grab 5 bitcoins from for days,and this asshole pm'ed me saying he had them. I should've known better,but was desperate and time was of the essence. I really needed these 5 bitcoins for an emergency too. Anyway I gave him my mpak and receipt and he hasnt been back since (3 days)."
ThickAsThieves: he needed to save his kidnapped daughter from human traffickers, using mostly karate chops
gribble: BTCUSD ticker | Best bid: 37.65364, Best ask: 37.76034, Bid-ask spread: 0.10670, Last trade: 37.65364, 24 hour volume: 52475.05497893, 24 hour low: 34.34200, 24 hour high: 37.76034, 24 hour vwap: 35.85542
gribble: (title <url>) -- Returns the HTML <title>...</title> of a URL.
mircea_popescu: so is there anything to this story about asicminer chips blowing out like baloons or just bs ?
Chaang-Noi: asicminer has not been proven to mine over 5th
Chaang-Noi: we seem to have hit a wall and no one knows why
Chaang-Noi: this could be for 1000 different reasons
Chaang-Noi: clearly they are mining like crazy... also i expect the next dividend to be crazy
BitHub: the forum post don't look good
dub: friedcat said they were having power problems
[\\\]: why would the next dividend by crazy?
[\\\]: they've onyl paid out 30% of ipo to date and once they hit that threshold, twice as many shares will be collecting future dividends
Chaang-Noi: first dividend they took out paying off a lot of debt, i assume second dividend all debt has been delat with
[\\\]: and what about in 2 weeks when 300 avalons finally arrive?
[\\\]: and bfl starts shipping?
Chaang-Noi: i said next dividend, not in a month...
[\\\]: its whenever friedcata gets to it
[\\\]: mircea_popescu: some say thats not soon enough
[\\\]: you know, miners should be paid instantaneously
Chaang-Noi: might get changed to thursday however cuz of last week but i expect weekly and i expect this week to be like .05 maybe
[\\\]: how long did they mine before paying the first dividend?
Chaang-Noi: they got atleast 15% of the network right?
gribble: Error: "nethahs" is not a valid command.
BitHub: awww yeah i hope its .05 per share
[\\\]: 2 they mined for 2 weeks, paid debt, paid .03 div
[\\\]: so now they've mined for 1 week
[\\\]: expecting .05 is a bit much
Chaang-Noi: okay i did the math, maybe .02 is beter
[\\\]: another week, another 15% diff jump
[\\\]: another week, 300 avalons
Chaang-Noi: but if 5th gos to 12 th and 12 th goes to 60 th....
[\\\]: Chaang-Noi: after .1, your div gets cut in half
Chaang-Noi: i thought batch one shipped in jan? :)
[\\\]: so it takes doubling just to keep even
[\\\]: it was never to ship in jan
Chaang-Noi: yeah the .1 get cut in half, but that money gets invested into new asics right?
[\\\]: that will cost money
[\\\]: those shares aren't the company
Chaang-Noi: im pretty happy with asicminer, and if bfl keeps failing...
[\\\]: friedcat has to get paid
[\\\]: those three own the other half
[\\\]: anyone paying .6/share is gonna take a long while to pay off
Chaang-Noi: im going to assume they keep 10% network for a year and see what that brings in...
[\\\]: who is paying 100 btc a share?
[\\\]: I've got a bunch to sell then
[\\\]: point still remains
[\\\]: anyone buying at .6 will take a while to pay off
ThickAsThieves: you dont necessarily need to "pay off" the share at all
gribble: Error: invalid syntax (<string>, line 1)
mircea_popescu: throwing * a litte* away on a long bet isn't necessarily a bad strategy
[\\\]: assuming the company survives
[\\\]: mircea_popescu: aye, been there, done that ;)
[\\\]: until they can answer why they're stuck on 5
Chaang-Noi: okay assuming they only keep 105 of the network on average for a year that is .3285 in two years double that to about what it is selling for now...
[\\\]: two years in bitcoin is forever
Chaang-Noi: yeah i sold some at .6 but keeping the alst half,
Chaang-Noi: also if they get 20% on average for a eyar that is much higher
ThickAsThieves: they really should give info about what the hold up is
[\\\]: what happens when the sec decides to start investigating us holders?
Chaang-Noi: and bfl fucks up hard and they get 40%....
[\\\]: Chaang-Noi, now you're just being stupid
mircea_popescu: at these prices market will be awash in real asics this year
[\\\]: Chaang-Noi, the sec doesn't have to go to china
[\\\]: ah right, because you're untouchable
[\\\]: is that why you were pissing your pants about your passthrough?
BitHub: yay for not being USA resident
Chaang-Noi: the sec is not realisticly going to fly to china or thailand or hack my wallet...
BitHub: you know they got cia agents there?
Chaang-Noi: sec might take down a glbse like exchange that asicminer is not involved with...
Chaang-Noi: cia right now is not after btc... mostly drugs
[\\\]: you're an expert on the cia now?
BitHub: i was in a country similar to thailand
Chaang-Noi: the agents here in thailand that i know are mostly involved in the drug trafficing stuff in the north
ThickAsThieves: cia, sec no one knows shit about what will happen in those regards
BitHub: some cia agents came and got the bodies
Chaang-Noi: the sec cant do shit in thail;and or china.. thinking they can is silly
[\\\]: its not even a new concept
[\\\]: (jesus, retards, parades)
gribble: usagi was last seen in #bitcoin-assets 17 hours, 39 minutes, and 51 seconds ago: <usagi> You won't hold the bitcoins, they will. They'll just tell you how many bitcoins you "own".
mircea_popescu: help me -assets. is he saying that like it's a bad thing ?
[\\\]: I can't be bothered to figure it out
[\\\]: its not like what he meant changes anything
[\\\]: I don't bother reading that particular forum much anymore
[\\\]: I'm not sexing someone to watch it for me ;)
mircea_popescu: help me -assets. is he saying that like it's a bad thing ?
[\\\]: lol ThickAsThieves
[\\\]: its like that 100 btc roulette from back in the day
[\\\]: everyone passed around 100 btc as if it meant something
[\\\]: then again, it was only worth about $200 at the time
[\\\]: probably not his heart..
gribble: BTCUSD ticker | Best bid: 37.87000, Best ask: 37.99000, Bid-ask spread: 0.12000, Last trade: 37.99000, 24 hour volume: 53627.32358050, 24 hour low: 34.37000, 24 hour high: 37.99000, 24 hour vwap: 35.91832
[\\\]: wtf is terry gilliam
mircea_popescu: pretty soon there's not going to be any us citizens left.
Chaang-Noi: no wall until 40, and that is only 2k btc
mircea_popescu: [\\\] possibly the only american filmmaker worth the notice ?
[\\\]: he renounced his citizenship in 2006
[\\\]: way to be 6 years late
[\\\]: are you reading your news on the wayback machine?
ThickAsThieves: where would be a good place for an american to leave for?
[\\\]: ThickAsThieves: I heard North Korea is nice this time of year.
[\\\]: TPB is going to base themselves out of NK
[\\\]: If you play basketball
[\\\]: ThickAsThieves: got any kids?
[\\\]: you'd be pretty popular in italy soon ;)
[\\\]: serving the church
Chaang-Noi: <amphipod> Mar05 06:46:59 mtgox x8 47.4170 @ 38.08999282 USD
gribble: There are currently 6343.2892 bitcoins offered at or under 40.0 USD, worth 250361.11051 USD in total. | Data vintage: 0.0016 seconds
[\\\]: haven't started yet
[\\\]: not before next week
[\\\]: but most likely before the end of the month
BitHub: is there a bitcoin bet for it?
[\\\]: they want a new one for the sunday before easter sunday
gribble: BTCUSD ticker | Best bid: 39.00000, Best ask: 39.01100, Bid-ask spread: 0.01100, Last trade: 39.00000, 24 hour volume: 55901.80471473, 24 hour low: 34.37000, 24 hour high: 39.00000, 24 hour vwap: 36.01882
[\\\]: Chaang-Noi: no wonder you want a new pope
[\\\]: I didn't realize you were kinky like that
[\\\]: I'm sure they're into that.
gribble: There are currently 16268.94 bitcoins offered at or under 50.0 USD, worth 722719.888071 USD in total. | Data vintage: 32.5782 seconds
gribble: There are currently 4749.7778 bitcoins offered at or under 40.0 USD, worth 188971.229954 USD in total. | Data vintage: 55.8562 seconds
[\\\]: <Chaang-Noi> fuck me running << that sounds a bit more than open minded
Chaang-Noi: you should see some of the shows for tourists
BitHub: getting harder to pick them these days
[\\\]: BitHub: are you sure its a girl?
[\\\]: mircea_popescu: they have to.. cia and all
Chaang-Noi: mp they will do what every you want them to do
mircea_popescu: "Vatican dismisses reports linking pope's resignation to gay conclave discovery"
[\\\]: of course they did
Chaang-Noi: the feminist bs did not happen here yet...
gribble: BTCUSD ticker | Best bid: 38.99000, Best ask: 39.20000, Bid-ask spread: 0.21000, Last trade: 38.99000, 24 hour volume: 59388.87350464, 24 hour low: 34.37000, 24 hour high: 39.20000, 24 hour vwap: 36.19533
[\\\]: meanwhile the rates on bitfinex usd keep going up
[\\\]: are there bets on how long bitfinex goes before a default?
mircea_popescu: "Canon law states that a resignation must be made freely and properly manifested and that the pope resigning must be of sound mind."
[\\\]: insane pope would probably find the wrong side of a pillow
[\\\]: according to Luke-Jr, there is no pope
[\\\]: there has been no pope for quite some time
Luke-Jr: mircea_popescu: lol, interesting observation
Chaang-Noi: yeah that is the first thing i saw too, crazy pope cant quit...
Chaang-Noi: but then again, i guess a pope cant really be crazy or if so gods will?
Luke-Jr: it makes sense in a way, but at the same time creates practical problems
Chaang-Noi: id geuss if the pope was crazy crazy he would just be locked in his room and they would say he is sick
Chaang-Noi: why is 39 to 40 so much slow than 38 to 39 :(
gribble: BTCUSD ticker | Best bid: 38.90000, Best ask: 38.91000, Bid-ask spread: 0.01000, Last trade: 38.91000, 24 hour volume: 61314.60667593, 24 hour low: 34.37000, 24 hour high: 39.50000, 24 hour vwap: 36.31836
gribble: There are currently 1824.2403 bitcoins demanded at or over 38.0 USD, worth 70529.8432092 USD in total. | Data vintage: 0.0079 seconds
gribble: Error: Spurious "]". You may want to quote your arguments with double quotes in order to prevent extra brackets from being evaluated as nested commands.
gribble: There are currently 7610.7434 bitcoins demanded at or over 37.0 USD, worth 285610.913583 USD in total. | Data vintage: 0.0067 seconds
Chaang-Noi: that is just crazy, i wonder once sellers run out of coins if we dont go to $100 in a week...
Bowjob: umm guys. I wanna get rich as much as the next person but.. isn't this a little to fast?
BitHub: maybe its making up for that mtgox hack
aiball: no, this is people finally realizing the dollar is over.
Bowjob: Idk. it doesnt feel to real to me
Bowjob: and i hope u guys are right but..
Bowjob: I wrote a bullshit bull chart
Bowjob: i say bullshit because.. it wasn't bullish enough and i was just joking
Bowjob: I'll just sit this rocket out, hopefully I don't fall
aiball: next up boeing accepts bitcoin
Bowjob: wake me up when bitcoins are at least 5 grand each, then I'll be interested
mircea_popescu: meanwhile i'm worth over 1 bn lei, which is remarkably enough not the first time
mircea_popescu: it sounds better than it is tho. romania cut 4 zeroes in like 2004
mircea_popescu: pretty much every third guy was a billionaire before that.
BitHub: how much is that in us?
BitHub: jesus are you serious?
gribble: BTCUSD ticker | Best bid: 38.80000, Best ask: 38.81100, Bid-ask spread: 0.01100, Last trade: 38.80000, 24 hour volume: 62576.26296810, 24 hour low: 34.37000, 24 hour high: 39.50000, 24 hour vwap: 36.37897
Bowjob: k guys we are crashing
gribble: BTCUSD ticker | Best bid: 38.80000, Best ask: 38.83266, Bid-ask spread: 0.03266, Last trade: 38.81100, 24 hour volume: 62580.46590463, 24 hour low: 34.37000, 24 hour high: 39.50000, 24 hour vwap: 36.37914
Bowjob: see you at single digits!
pizzaman1337: mircea_popescu: do you do philanthropic stuff with your wealth?
Bowjob: his PR gave this dude 10 BTC to stick a sharpie up his ass
BitHub: are you in a big mansion?
mircea_popescu: but principally helping poor tall girls through college
Chaang-Noi: <mircea_popescu> but principally helping poor tall girls through college yeah... i know that...
Bowjob: but degrees from other countries are worth shit here in canada
Bowjob: maybe from US and UK... the rest are pretty much worthless here
Bowjob: we have doctors who drive cabs
Chaang-Noi: 2 million btc = 81 million, you dont ahve 2 million btc do you? :)
Chaang-Noi: much of this wealth must be on paper and in things that if sold out to cash would crash the market
BitHub: yeah man that's insane :) well done.
BitHub: i would be happy with just 1 million
BitHub: yeah i got about a 1 million pesos as well :P
Bowjob: im well over 1 million cents
BitHub: is 1 million baht alot?
BitHub: hehe she got some meat on her mate
mircea_popescu: anyway, i had some pix with m,y "mansion" but now can't motherfuckin find em
Chaang-Noi: 6000 baht is the average wage here so 1,000,000 baht is about 14 years of average work
BitHub: what's the bitcoin market like there?
Chaang-Noi: so yeah its okay but no, its not bill gates rich either
Chaang-Noi: there are a lot of expats who do computer work
Chaang-Noi: i think there are three small btc exchagnes in thailand
BitHub: i'll be in philippines next year
Chaang-Noi: from time to time a fourum user will call me up and be like shit, ran out of money, will you take btc...
Bowjob: bithub what are u doing there
BitHub: i'll tell you once i'm there
BitHub: good to know there's some bitcoin action in Thailand :)
BitHub: i'm in Australia myself at the moment
Bowjob: i hear they decapitate tourists in the philippines. watch out
BitHub: especially in mindanao
Chaang-Noi: mp what did you do for the school girls? :)
Chaang-Noi: btc is 40 at "rock" waht exchagne is "rock" ?
Chaang-Noi: <amphipod> Mar05 07:52:53 rock 46.9000 @ 40.00 USD
BitHub: i think mircea makes pornos
gribble: BTCUSD ticker | Best bid: 38.92087, Best ask: 38.94809, Bid-ask spread: 0.02722, Last trade: 38.92087, 24 hour volume: 63162.27334246, 24 hour low: 34.41000, 24 hour high: 39.50000, 24 hour vwap: 36.41416
BitHub: what lanuage is that on your site mircea?
gribble: There are currently 107.26203 bitcoins offered at or under 39.0 USD, worth 4182.97936833 USD in total. | Data vintage: 0.0009 seconds
BitHub: is it worth getting into ltc?
BitHub: been thinking about it
Chaang-Noi: altbot> Mar05 07:52:08 btc-e x4 2546.4950 @ 0.147000 USD
Bowjob: I should get back at LTC.. maybe
Bowjob: fuck me. I sold 10k LTC for like 5 cents each
Chaang-Noi: altbot> Mar05 07:57:02 btc-e 100.0000 @ 0.155000 USD
Bowjob: aight, i'll ride the LTC train again. choochoo
Chaang-Noi: yeah ltc was way undervalued, but i did not think it would pop until btc started to go down
mircea_popescu: ThickAsThieves the problem with that stuff is that if i want to i can bunch up some gpu miners
Bowjob: gah my Avalon 2 looks outdated
Chaang-Noi: i assume that first annon must be asicminer as well
Chaang-Noi: i bet these are racks that are ready to go and fully done
assbot: [MPEX] [S.MPOE] 700 @ 0.00073421 = 0.5139 BTC [+]
Chaang-Noi: did not asicminer mine on some other pool than oz??
assbot: [MPEX] [S.DICE] 400 @ 0.0051 = 2.04 BTC [-]
gribble: There are currently 511.39728 bitcoins offered at or under 39.0 USD, worth 19944.4939902 USD in total. | Data vintage: 0.0013 seconds
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34499 = 0.69 BTC [+]
gribble: BTCUSD ticker | Best bid: 39.03475, Best ask: 39.05000, Bid-ask spread: 0.01525, Last trade: 39.05000, 24 hour volume: 75308.05560655, 24 hour low: 34.76100, 24 hour high: 40.64625, 24 hour vwap: 37.27642
Bowjob: dont forget u guys can get 5 btc for 100 dollars
assbot: [MPEX] [S.DICE] 420 @ 0.00577 = 2.4234 BTC [+]
TradeFortress: when this limit (overall 250 btc) is reached i will have to stop. SO IF YOU WANT TO DONATE ONLY IF YOU ARE GETTING BTC IN RETURN PLEASE, PLEASE wait some time until i go through all the donations made already an state how much btc i've got left to give away (if any)**"
assbot: [HAVELOCK] [HIM] 2 @ 1.65 = 3.3 BTC [+]
gribble: BTCUSD ticker | Best bid: 39.04000, Best ask: 39.26886, Bid-ask spread: 0.22886, Last trade: 39.26886, 24 hour volume: 76899.63793808, 24 hour low: 34.77000, 24 hour high: 40.64625, 24 hour vwap: 37.33416
Bowjob: well the worst that can happen is you donate to a good cause
Bowjob: i donated to khanacademy, will write a letter
Bowjob: that would help btc a lot
Bowjob: make sure you send him an unaltered PM
Bowjob: I tried to gave away 1 bitcoin.. but i just go snubbed
assbot: [MPEX] [S.DICE] 1120 @ 0.0050999 = 5.7119 BTC [-]
bit14: someone could always donate more btc to the guy so he has more to give away :)
assbot: [MPEX] [S.MPOE] 5065 @ 0.00073421 = 3.7188 BTC [+]
assbot: [MPEX] [S.MPOE] 3429 @ 0.00073821 = 2.5313 BTC [+]
bit14: quick count, 48 bitcointip tips in that thread, they're not all for 5 btc but most of them are, so it's close to 250 max
Bowjob: lookit. i wanted to go to hungary too lol
mircea_popescu: TradeFortress well, checking things out beats guessing you know
mircea_popescu: so did everyone else, including asicminer, avalon, etc.
assbot: [HAVELOCK] [SDICE] 2 @ 0.5851 = 1.1702 BTC [-]
gribble: A market order to sell 10000 bitcoins right now would net 384135.5818 USD and would take the last price down to 37.2500 USD, resulting in an average price of 38.4136 USD/BTC. | Data vintage: 0.0011 seconds
gribble: A market order to sell 100000 bitcoins right now would net 2863474.6369 USD and would take the last price down to 16.1000 USD, resulting in an average price of 28.6347 USD/BTC. | Data vintage: 11.8681 seconds
gribble: A market order to sell 1000000 bitcoins right now would net 4128657.4952 USD and would take the last price down to 0.0100 USD, resulting in an average price of 4.1287 USD/BTC. | Data vintage: 21.4781 seconds
thestringpuller: oh goodness the bubble at 42 will collapse significantly when a large horde goes to dump coins
gribble: BTCUSD ticker | Best bid: 40.00000, Best ask: 40.10000, Bid-ask spread: 0.10000, Last trade: 40.00000, 24 hour volume: 87145.55081638, 24 hour low: 35.12102, 24 hour high: 40.64625, 24 hour vwap: 38.30823
gribble: nefario was last seen in #bitcoin-assets 23 weeks, 0 days, 19 hours, 49 minutes, and 31 seconds ago: <nefario> Those assets are not listed or traded anymore
gribble: BTCUSD ticker | Best bid: 40.00000, Best ask: 40.10000, Bid-ask spread: 0.10000, Last trade: 40.00000, 24 hour volume: 87145.55081638, 24 hour low: 35.12102, 24 hour high: 40.64625, 24 hour vwap: 38.30823
Chaang-Noi: usagi he sold you them, talk to him, what can i do?
mjr__: do you guys think the dow is correlated at all to bitcoin?
Chaang-Noi: usagi i dont doubt you, but legally what can i do?
mircea_popescu: more traction than all bitcoin's historical cummulative.
ThickAsThieves: mp, can you proces deadterra's withdrawal so we can get our divs?
gribble: (bcauth <nick>) -- Initiate authentication for user <nick>. You must have registered with the bot with a bitcoin address for this to work. You will be given a random passphrase to sign with your address, and submit to the bot with the 'bcverify' command. Your passphrase will expire within 10 minutes.
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1299 BTC [+]
ThickAsThieves: he says sorry it was his fault he forgot to make the withdrawal
mircea_popescu: he got on my ignore months ago for being the fuck out of line. then ppl intervened cause oh, he's a good guy etc, he did it again within like... a day.
mircea_popescu: he can be all solid he wants, but much like gigavps he got to get it in his skull that the hierarchy is on the ground not in his imagination.
mircea_popescu: iirc arguing with me about how solid & trustworthy nefario is.
Chaang-Noi: ill say there is no proof pirate is a ponzi :)
gribble: BTCUSD ticker | Best bid: 40.00101, Best ask: 40.07000, Bid-ask spread: 0.06899, Last trade: 40.07000, 24 hour volume: 89799.91641713, 24 hour low: 35.20000, 24 hour high: 40.64625, 24 hour vwap: 38.39301
DeaDTerra: did MP indirectly say I have balls?
Chaang-Noi: he is still trying for my business i guess poor fail mp
DeaDTerra: I guess you can't have balls and not be ignored at the same time, you have to chose :P
Chaang-Noi: i guess he knew from the start i thought mp was fail so never was shocked when i rejected his fail
assbot: [MPEX:S.MPOE] 1D: 0.00072612 / 0.00075028 / 0.00078628 (2480324 shares, 1,860.96 BTC), 7D: 0.0007147 / 0.00075192 / 0.00078628 (3500340 shares, 2,631.98 BTC), 30D: 0.0006153 / 0.00067771 / 0.00078628 (61872804 shares, 41,932.14 BTC)
DeaDTerra: dividends will come in about 12 confirms
gribble: There are currently 11532.914 bitcoins offered at or under 45.0 USD, worth 482883.431677 USD in total. | Data vintage: 0.0022 seconds
B0g4r7_: What's up with bitinstant? Anyone got the inside word?
JimRogers: Why is the sendto address on my wager wrong?
Chaang-Noi: i do find it odd bitinstant is down...
B0g4r7_: That's what I'm trying to find out. They've been down for days now.
B0g4r7_: "BitInstant.com is currently down due to site revisions." "We apologize for the downtime. BitInstant will be back online after the weekend."
B0g4r7_: I think this calls for a bet on whether they will resurface.
B0g4r7_: ...that someone else will write and post
B0g4r7_: ppl on btc-e are not happy.
B0g4r7_: not being able to get funds in.
JimRogers: 05-03-13 08:30 Yes 97`003 1.00000000 16fUs / 13rnD
JimRogers: i've placed multiple bets successfully
mircea_popescu: JimRogers now that's a good question. do you have autocomplete or anything else on the browser side messing up your bets ?
JimRogers: this one seemed to have gotten fucked up
mircea_popescu: a guy earlier had his browser autopick no whether he clicked yes or no
JimRogers: i have placed 9 wagers successfully
mircea_popescu: is the address wrong as in, not the one you intended to use or wrong as in, never seen it before ?
JimRogers: wrong, as in, no the "Send To" address i have used numerous times
Chaang-Noi: mp are you conected to that site in anyway other than a user?
mircea_popescu: Owner : Matic "kakobrekla" Kočevar and Mircea "mircea_popescu" Popescu
JimRogers: has anyone else had their bits go to a random Send To address
Chaang-Noi: i doubt mp scammed you, fucked up mabe...
JimRogers: thats not the address i entered into the Send To
JimRogers: write I'm done wit this fucking website scam
B0g4r7_: I only started using bitbet yesterday.
B0g4r7_: I guess I could check the send-to address if I were in front of that wallet.
mircea_popescu: incidentally! the address he paid his 1 btc to is 16fUs2yD4xLyxYy6863SMX3PP8Lw1xvZog
JimRogers: should i send some coin to the address and see if i get it?
mircea_popescu: the address the payout goes to (13rnDnrH8zBAkNpxXFEyphj3EFcvDKd9Ws) is there : 18.5851316787%
mircea_popescu: well, there's relation between the two addresses, it didn't pop out of randomness
JimRogers: i don't understand the taint analysis
JimRogers: what can i do to see if those funds will end up in one of my accounts
mircea_popescu: it looks through the blockchain to see if two addresses are related.
mircea_popescu: it's somewhat improbable the two addies got 8 txs in between themselves and yet they're totally unrelated.
JimRogers: i don't understand the second sentence
JimRogers: 13rnDnrH8zBAkNpxXFEyphj3EFcvDKd9Ws
mircea_popescu: the address you paid from, and the address that's listed as beneficiary
JimRogers: is the one the gay ass website says "send to"
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1326 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.13717 BTC [+]
kakobrekla: JimRogers: well, the only thing i can really say is you pasted an address (which you also say you did), bitbet did no further processing as in establishing the return address. what you pasted is in the db. whats in the db is on the site. but i can do one thing - add your payout destination notification at the last step if that would help to prevent any mistakes in the future.
assbot: [BTCTC] [BTC-TRADING-PT] 18 @ 0.1372 = 2.4696 BTC [+]
JimRogers: i sent a micropayment to that address
JimRogers: hopefully it ends up in one of my accounts
assbot: [HAVELOCK] [SDICE] 6 @ 0.59 = 3.54 BTC [+]
JimRogers: this fucking website is lacking serious functionality
B0g4r7_: Maybe you clicked on "send to originating address" accidentally and then clicked SUBMIT.
B0g4r7_: It would be nice if the "Send bitcoins to fund the bet" screen showed the chosen payout address.
JimRogers: this fucking website needs account history
JimRogers: i put the correct "Send To" address in
JimRogers: and then sent a bitcoin to the supplied addy
JimRogers: your website registered the bet, but put a different send to
mircea_popescu: JimRogers the problem here is this : you state what you did, but we have no way of knowing it's true or false
kakobrekla: 17:47.17 ( kakobrekla ) JimRogers: well, the only thing i can really say is you pasted an address (which you also say you did), bitbet did no further processing as in establishing the return address. what you posted is in the db. whats in the db is on the site. but i can do one thing - add your payout destination notification at the last step if that would help to prevent any mistakes
mircea_popescu: the two addresses are related, and you just declared you don't control the originating address
mircea_popescu: this is very difficult to resolve because it's basically no leads
JimRogers: your website put the wrong send to
Namworld: Why don't people check their inputs before submitting?
JimRogers: 1AKeAYxjfcdQeGMtKTma9gsRG2i1dgMxtN
B0g4r7_: Says you've left the channel.
B0g4r7_: Stop closing the window or whatever you're doing.
JimRogers: 1AKeAYxjfcdQeGMtKTma9gsRG2i1dgMxtN
JimRogers: was the bitcoin address i sent the money to
JimRogers: or set the send to to the right addy
B0g4r7_: Are you sure someone doesn't have remote control of your PC?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
B0g4r7_: idk why your client would randomly leave the channel.
assbot: [MPEX] [S.DICE] 149 @ 0.00528554 = 0.7875 BTC [+]
JimRogers: it seems the addy 1AKeAYxjfcdQeGMtKTma9gsRG2i1dgMxtN
JimRogers: 1AKeAYxjfcdQeGMtKTma9gsRG2i1dgMxtN
JimRogers: was the addy bit bet supplied as the bet destination address
JimRogers: seals with clubs sent 1 bitcoin to 1AKeAYxjfcdQeGMtKTma9gsRG2i1dgMxtN
JimRogers: the block chain doesn't recognize the transfer
B0g4r7_: So maybe you're seeing a bet that's not yours, and yours still is not confirmed?
JimRogers: seals claims to have sent last night
B0g4r7_: It took a while for my bets to confirm.
B0g4r7_: Take it up w/ Seals. If it's not in the blockchain, they didn't send.
B0g4r7_: In the future, I advise always sending from a local wallet.
assbot: [MPEX] [S.DICE] 1851 @ 0.00528554 = 9.7835 BTC [+]
assbot: [MPEX] [S.DICE] 649 @ 0.0055 = 3.5695 BTC [+]
assbot: [HAVELOCK] [SDICE] 13 @ 0.59 = 7.67 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.5817 = 2.9085 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.5815 = 4.0705 BTC [-]
B0g4r7_: Showing the payout address on the bet confirmation/funding screen would be nice to have.
B0g4r7_: Would help avoid mistakes.
B0g4r7_: That's good. If that can be reduced to 0.1, even better.
JimRogers: i have records of everything i have done
kakobrekla: with over 2k bets placed - yeah its preety good
assbot: [HAVELOCK] [SDICE] 9 @ 0.5815 = 5.2335 BTC [-]
B0g4r7_: Your mistake was in thinking the listed bet was yours.
JimRogers: or seals is claiming a cash out happened that never happened, coincidentally at the same timing and same amount as what i sent
B0g4r7_: 1.0 BTC is not exactly a unique bet amount.
assbot: [HAVELOCK] [SDICE] 1 @ 0.5809 BTC [-]
kakobrekla: JimRogers if its not in a blockchain on the correct address
kakobrekla: also, if addy is not used in 24hrs is not active anymore
JimRogers: so you can confirm that 1AKeAYxjfcdQeGMtKTma9gsRG2i1dgMxtN
JimRogers: and seals claims to have sent it to that addy
mod6: yeah, 0 tx's for that address
JimRogers: 2013-03-04 23:31 1 BTC 1AKeAYxjfcdQeGMtKTma9gsRG2i1dgMxtN
JimRogers: and if i lose the money i won't fault you guys
JimRogers: but the site could still use much more functionality
JimRogers: and perhaps binary options, instead of this weird time weighting bullshit
B0g4r7_: Srsly, consider a local wallet. You should be using one anyway.
B0g4r7_: Colloquy on OS X huh. I use that at home and don't have that issue. I run version 2.3 tho, which I think is a lot different.
kakobrekla: so you have 3 days to send the bet in since the time you requested an address
kakobrekla: once first bet is in - addy is kept active until the bet is over
assbot: [BTCTC] [BTC-TRADING-PT] 82 @ 0.1372 = 11.2504 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1379 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.13997 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.156 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1599 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.16 BTC [+]
B0g4r7_: What happens if I bet .01 BTC, and then days later, after betting is closed, I send another 5 BTC?
kakobrekla: but i will scan the blockchain to findout how much he is getting and take half.
jurov: lol... at least it should be added to dividends, like mpex mispayments
B0g4r7_: Earlier I made a whole new "bet", when I could have just sent more to the same address.
jurov: so i can add to a bet for someone else, causing confusion and else >:D
mircea_popescu: jurov you cause confusion mostly for yourself, bitbet will just pay him
JimRogers: ok hopefully sealswithclubs can help me understand what happened to my coin
assbot: [BTCTC] [BTC-TRADING-PT] 91 @ 0.1647 = 14.9877 BTC [+]
JimRogers: do they have an IRC room with helpful ppl ilk eyou guys?
mircea_popescu: JimRogers not afaik, bitbet is one of the few gay sites that do
assbot: [BTCTC] [BTC-TRADING-PT] 9 @ 0.1647 = 1.4823 BTC [+]
B0g4r7_: You'll have to PM Micon, or use their "contact" email.
assbot: [HAVELOCK] [HIM] 1 @ 1.6499 BTC [-]
pigeons: all the good bitcoin sites are apparently
B0g4r7_: If you look, you'll see that most of the bets are more pink than blue. Definitely gay.
ZedsterX: don't know how i missed it before
gribble: BTCUSD ticker | Best bid: 40.04000, Best ask: 40.05995, Bid-ask spread: 0.01995, Last trade: 40.04000, 24 hour volume: 85295.59320849, 24 hour low: 35.99900, 24 hour high: 40.64625, 24 hour vwap: 38.66891
JimRogers: the whole weighting system is retarded
ZedsterX: don't talk about mp's weighting
JimRogers: which time zone are the time stamps on the website?
jurov: and I'm sure someone will someday start betting site with binary futures
mod6: if it was binary would it just be like 50`000 per side?
jurov: kakobrekla, bit it isn't a bad ide to make the bets resellable
JimRogers: give me the money back someone stole
jurov: if you submit request with payout addy signature, you can chenge it
jurov: thus effectively selling the bet
B0g4r7_: Seems like an interesting idea.
mod6: wait, isn't the weighting just a time based thing -- so if you want to "sell your bet" to a third party, it still doesn't change the time when the wager was placed.
JimRogers: thats why this website is fucking gay
mircea_popescu: jurov i don't understand it tho. explain it to me like i'm JimRogers
B0g4r7_: idk how you'd implement it tho.
JimRogers: buy-sell whatever reality dictates
mod6: JimRogers: bowties are gay.
JimRogers: you can start by finding my money that was stolen
assbot: [MPEX] [S.MPOE] 8500 @ 0.00074914 = 6.3677 BTC [+]
assbot: [MPEX] [S.MPOE] 1500 @ 0.00074999 = 1.125 BTC [+]
assbot: [MPEX] [S.MPOE] 5850 @ 0.00074999 = 4.3874 BTC [+]
assbot: [MPEX] [S.MPOE] 604 @ 0.00075 = 0.453 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00075 = 0.75 BTC [+]
jurov: mircea_popescu say you made bet with 99999 weight but you want the moeny now not wait
mircea_popescu: well, the reasons bitbet does betting correctly, rather than what you propose, are discussed there.
JimRogers: not even reading all that bullshit as its too long
JimRogers: I'm not proposing changing ur ways
jurov: so you find someone who wants it, you'll sign the request with existing payout address
JimRogers: Binary Futures are thousands of years old
jurov: and submit it to bitbet with new payout address
mod6: you want him to change it, and you won't bother to read on how it works. clever.
jurov: so the bet will now pay to the buyer
JimRogers: first my money gets eaten by ur website
mircea_popescu: JimRogers when you're done being riught read the comments too
JimRogers: now u wanna ban me cuz i make as olid suggestion
mod6: you had some site payout to a different betting site... all bets are off, check with the sender as NOTHING is in the blockchain
mod6: kakobrekla tried to help you, now kindly stfu or change the attitude.
Namworld: The blockchain is public and everyone can clearly see no transaction was ever sent to your bet's address.
pigeons: no im waiting for them to use twitter bootstrap
pigeons: bootstrap shpould randomize defaults or something
mircea_popescu: no, they should just use old tripod and myspace looks as default
assbot: [BTCTC] [BTC-TRADING-PT] 91 @ 0.1619 = 14.7329 BTC [-]
gribble: BTCUSD ticker | Best bid: 40.08000, Best ask: 40.10000, Bid-ask spread: 0.02000, Last trade: 40.10000, 24 hour volume: 83684.96974197, 24 hour low: 36.00000, 24 hour high: 40.64625, 24 hour vwap: 38.73271
ThickAsThieves: guys, can i um maybe get a bit more functionality out of BitBet?!
ThickAsThieves: like, don't change anything, but it should be better ok?
mod6: sooo.. i my mind, the weighting has nothing to do with if a bet is "binary" meaning like "over/under" or "true/false" ... the weighting is just to encourage early betting.
mod6: yeah, im re-reading that blog - he seems to fall into this category
assbot: [HAVELOCK] [SDICE] 4 @ 0.581 = 2.324 BTC [+]
assbot: [HAVELOCK] [SDICE] 15 @ 0.5809 = 8.7135 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.58 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.56 = 2.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.555 = 3.885 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.55 = 2.75 BTC [-]
ZedsterX: my god mp bring MPEX into the 21st century with some better charts and graphics...it's like looking at a 70s movie :)
jurov: ZedsterX, shhh, that's opportunity ;)
ZedsterX: obv not if i am bitching and shouldn't be
ZedsterX: ya know i probably read that 4 times but the ADD just let it slip right on by
ZedsterX: i will checkin it out...and i was just yankin your chain
jurov: lol, even if yes, that's honour :DD
gribble: Next difficulty estimate | 4746628.77934 based on data since last change | 4836522.12241 based on data for last three days
ZedsterX: ok now i know he called me troll
mircea_popescu: *MPOE-PR* it's almost like he's a made up caricature for an irc play
mircea_popescu: *MPOE-PR* (also i imagine everything he says in no pok voice)
mircea_popescu: *MPOE-PR* this gay ass website ate my bitcoin i tell you! no send to, no (quit) ... (enter) send to at all!
ZedsterX: i do remember looking at the sierra thing....i turned out to be way too incompetent to figure it out
ZedsterX: but really no matter which chart i look at DICE is diving :P
assbot: [MPEX:S.DICE] 1D: 0.005 / 0.0059661 / 0.006225 (233405 shares, 1,392.52 BTC), 7D: 0.0048 / 0.00589302 / 0.0063799 (532527 shares, 3,138.20 BTC), 30D: 0.0042 / 0.00593929 / 0.007395 (6854653 shares, 40,711.83 BTC)
ZedsterX: kakobrekla: probably nothing sir i am just unsure how to use it
ZedsterX: i have download the file...i am assuming its command line?
jurov: "most everyone" prolly got trolled by that "bitcoin's moar expensive, s.dice revenue must go down" and other nonarguments
kakobrekla: ZedsterX, do you have sierra chart installed?
kakobrekla: ZedsterX, you can run the exe with a double click, you done need to go to cmd.
ZedsterX: oops i see what i did...my bad gimme a minute
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.65 = 3.25 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.555 = 5.55 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.55 = 5.5 BTC [-]
blu3gr1ffon: that unknowns one has problems. simply because blockchain can't identify a pool and all of a sudden it's unknown.
blu3gr1ffon: i mean, the largest pool could change their IPs just to manipulate the bet at the last second
dub: you could possibly game with ddos
pigeons: blockchain.info goes longer than 4 days misidentifying pools
pigeons: its just so people will start a who is the mystery miner thread
mircea_popescu: identifying anyting in bitcoin is an exercise in weighing tits.
jurov: so, i got email from coinbr customer that wanted to buy just one call and ignored the "1 BTC initial funding required"
jurov: he's prolly coing here soon
mircea_popescu: "you can estimate the health of a system by counting how often tail appears in history"
gribble: BTCUSD ticker | Best bid: 39.16990, Best ask: 39.20000, Bid-ask spread: 0.03010, Last trade: 39.16990, 24 hour volume: 80328.52310126, 24 hour low: 36.00000, 24 hour high: 40.64625, 24 hour vwap: 38.96510
gribble: There are currently 11784.191 bitcoins offered at or under 42.0 USD, worth 483266.145112 USD in total. | Data vintage: 0.0023 seconds
gribble: There are currently 12980.381 bitcoins demanded at or over 37.0 USD, worth 492895.066255 USD in total. | Data vintage: 5.8729 seconds
gribble: There are currently 7685.7263 bitcoins demanded at or over 38.0 USD, worth 295264.074332 USD in total. | Data vintage: 17.3235 seconds
assbot: [MPEX:S.DICE] 1D: 0.005 / 0.00596607 / 0.006225 (230050 shares, 1,372.50 BTC), 7D: 0.0048 / 0.00588869 / 0.0063799 (527527 shares, 3,106.45 BTC), 30D: 0.0042 / 0.00593892 / 0.007395 (6852829 shares, 40,698.42 BTC)
assbot: [MPEX] [S.MPOE] 1300000 @ 0.00075 = 975 BTC [+]
assbot: [HAVELOCK] [SDICE] 8 @ 0.555 = 4.44 BTC [+]
assbot: [HAVELOCK] [SDICE] 9 @ 0.55 = 4.95 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.53 = 5.3 BTC [-]
Namworld: Thick: As far as I know it always take DeaDTerra a few days.
Namworld: My passthroughs 2 weeks I think.
topace: pigeons: hows the arbitrage working for you?
topace: mpex->havelock is available
pigeons: topace: thanks for the quick service, it will work out fine as long as dice doesnt spike up before i get deposited with mpex
assbot: [HAVELOCK] [SDICE] 10 @ 0.52 = 5.2 BTC [-]
pigeons: just testing with small amounts and of course there wasnt a large amount of liquidity
assbot: [HAVELOCK] [SDICE] 1 @ 0.51 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.505 = 4.545 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.505 BTC [-]
pigeons: i have an account with everyone, even btcjam
assbot: [HAVELOCK] [SDICE] 2 @ 0.5001 = 1.0002 BTC [-]
jurov: muhahaha bratislava hackerspace thinks about providing discount accomodation to amir/genjix... if he'll do some dish washing
jcpham: pigeons i'm laughing at you right now for the btcjam account
jcpham: no out loud though, that would be rude
assbot: [HAVELOCK] [SDICE] 13 @ 0.50000001 = 6.5 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.495 = 2.97 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.49 = 2.94 BTC [-]
jurov: mircea_popescu: just chat in #progressbar.sk
Namworld: I would guess it's due to BTC's high price in USD. Maybe people want to cash that money out.
Namworld: Only thing I can see. S.DICE is still great as usual.
assbot: [HAVELOCK] [SDICE] 19 @ 0.49 = 9.31 BTC [-]
assbot: [HAVELOCK] [SDICE] 16 @ 0.4874999 = 7.8 BTC [-]
jurov: if they really include amir in some vip gallery, i'll definitely link ya :P
assbot: [HAVELOCK] [SDICE] 6 @ 0.48 = 2.88 BTC [-]
Namworld: They should lend the BTC to me instead
assbot: [HAVELOCK] [SDICE] 19 @ 0.48 = 9.12 BTC [-]
gribble: BTCUSD ticker | Best bid: 39.89000, Best ask: 39.90000, Bid-ask spread: 0.01000, Last trade: 39.90000, 24 hour volume: 81687.70130217, 24 hour low: 36.00012, 24 hour high: 40.64625, 24 hour vwap: 39.02022
mircea_popescu: its interesting how the pts amplify movements. when it went to 6x on mpex it went to 7x on pt.
jurov: it depends on which
jurov: the bitfunder one is dampened instead
pigeons: less precision on the pts, since 100 = 1 on havelock at least
pigeons: and btct doesnt goout as many satoshi
pizzaman1337: Namworld: what will you be doing with the borrowed btc?
jurov: pigeons what do you need such precision for?
pigeons: i'm trying to spread fud, at least let someone agree first
Namworld: I place bids for assets I want.
Namworld: I always need capital to place bids.
Namworld: Mostly trade BTC denominated assets
jcpham: Silicon Valley Bank, a company that provides financial services to emerging growth companies, will be holding deposits of bitcoin and dollars for Coinlab. However, they will not be providing insurance for these deposits.
pigeons: i think i'd rather trust magic the gathering online exchange
jcpham: the more i read, the less i like
topace: mircea_popescu: what do you mean 50% of pt float ?
topace: we have 100% of the shares issued and trading on havelock
assbot: [HAVELOCK] [SDICE] 10 @ 0.47 = 4.7 BTC [-]
topace: we're at S.DICE x 1`125`000
Namworld: at least the private section. I have to republish for the public spreadsheet regularly.
Namworld: thanks for the unneeded information, kakobrekla
Guest8179: GSDPT currently has 1,4 Mill shares
mircea_popescu: "is it true that aspirin can be used as an anticonceptional ?"
mircea_popescu: "uhhh... i guess if you hold it between your knees it might"
DeaDTerra: I have 1,4 mill spread out between BF,BTCT and private deals
pigeons: DeaDTerra: you'll get used to it. try spending some time in jail
Namworld: I lost $14 getting my GSDPT pushed a few hours before the dividends... =P
assbot: [HAVELOCK] [SDICE] 10 @ 0.5 = 5 BTC [+]
Namworld: Well on the plus side, I saved on getting cheap shares from Bitfunder.
mod6: (11:17) < mircea_popescu> "so then... what, you just sit on it ?" << lol
topace: im actually amazed at how quickly havelocks sdice passthru adjusts to match mpex
pigeons: congrats! success! you're funds are safe! "Overall, due to major choke points and redundancies in our system, the hacker was only able to walk away with $12,480 USD in BTC, and send them in 3 installments of 333 BTC to bitcoin addresses. "
mircea_popescu: topace people must be watchin'. and since you made it easy...
topace: bitinstant got haxx0red ?
mircea_popescu: "Welcome to MPEx The only Bitcoin service that has never been hacked. Established August 2011."
topace: mircea_popescu: havelock hasnt been hacked
topace: nor has canadianbitcoins
mircea_popescu: im obviously only comparing to the other ones that were hacked
ZedsterX: safer putting "yet" on the end of the sentence
mircea_popescu: "None of your personal or transactional information has been leaked. We keep all that data offline to protect everyones privacy."
pigeons: oh you were expecting honesty about a hack?
mircea_popescu: The attacker contacted our domain registrar at Site5 posing as me and using a very similar email address as mine, they did so by proxying through a network owned by a haulage company in the UK whom I suspect are innocent victims the same as ourselves. Armed with knowledge of my place of birth and mother's maiden name alone (both facts easy to locate on the public record) they convinced Site5 staff to add their email ad
mircea_popescu: dress to the account and make it the primary login (this prevented us from deleting it from the account).
mircea_popescu: After changing this info and locking the attacker out, overnight he was able to revert my changes and point our website somewhere else. Site5 is denying any damages, but we suspect this was partly their fault.
pigeons: these hacks always coincide with "system maintenance"
mircea_popescu: a. this is why mpex model has to take over bitcoinworkd ;
mircea_popescu: b. fucking hell people need to learn to report. the good and the bad.
Lyspooner: hello, how are everyone's assets performing?
topace: bitcoin businesses just shouldnt host their sites in places like that... you need my iris scan to change anything on any of my accounts at the data center, and even if they had access t my account, they couldnt do anything with it, as the physical boxes belong to me and no settings can be changed from the datacenter admin staff without having my own system's root passwords
topace: they say their system can detect a live eye form a dead one
assbot: [HAVELOCK] [SDICE] 2 @ 0.469 = 0.938 BTC [-]
kakobreklaaa: would be one life better for you if they had worse eye decetion system
assbot: [HAVELOCK] [SDICE] 2 @ 0.469 = 0.938 BTC [-]
assbot: [HAVELOCK] [SDICE] 45 @ 0.4681 = 21.0645 BTC [-]
gribble: Current Blocks: 224416 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 1375 blocks | Next Difficulty In About: 1 week, 2 days, 2 hours, 32 minutes, and 34 seconds | Next Difficulty Estimate: 4771119.08352 | Estimated Percent Change: 9.23202
assbot: [MPEX] [S.DICE] 1 @ 0.00499969 BTC [-]
assbot: [MPEX] [S.DICE] 157 @ 0.00485 = 0.7615 BTC [-]
topace: drop some more, i wanna buy back in
assbot: [BTCTC] [S.DICE-PT] 840 @ 0.0055 = 4.62 BTC [-]
Namworld: Thick: if many want to withdraw to have BTC ready...
Namworld: might mean many are expecting the current BTC price to be a bubble and want to be ready to sell
Namworld: You can see very low amount of asks...
assbot: [MPEX] [S.MPOE] 13729 @ 0.00074448 = 10.221 BTC [-]
assbot: [MPEX] [S.MPOE] 4889 @ 0.00074218 = 3.6285 BTC [-]
assbot: [MPEX] [S.MPOE] 5932 @ 0.00074217 = 4.4026 BTC [-]
pigeons: way to jinx it ThickAsThieves
gribble: BTCUSD ticker | Best bid: 39.51020, Best ask: 39.58506, Bid-ask spread: 0.07486, Last trade: 39.51020, 24 hour volume: 82491.79614755, 24 hour low: 36.00012, 24 hour high: 40.64625, 24 hour vwap: 39.07380
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08490939 / 41.20198681 / 46.0855546 (no shares, 6,242.04 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
ZedsterX: since its virgin territory on one really knows what to do
gribble: There are currently 7344.3475 bitcoins offered at or under 41.0 USD, worth 299081.1159 USD in total. | Data vintage: 0.0019 seconds
Namworld: in the near future as in next 2 months
Namworld: Price would certainly crash soon afterward
ZedsterX: yeah too fast...this is too fast
gribble: A market order to sell 100000 bitcoins right now would net 2846687.2846 USD and would take the last price down to 16.0000 USD, resulting in an average price of 28.4669 USD/BTC. | Data vintage: 0.0103 seconds
ZedsterX: thestringpuller: i was wondering just that last night how big a chunk it would take
assbot: [BTCTC] [B.YABMC] 1 @ 0.00667 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.00667 BTC [+]
assbot: [BTCTC] [B.YABMC] 15 @ 0.00666 = 0.0999 BTC [-]
dub: hehThe URL that you are attempting to access is a potential security risk. Trend Micro OfficeScan has blocked this URL in keeping with network security policy.
dub: the first time trend has ever been useful
assbot: [BTCTC] [GSDPT] 9 @ 0.00609 = 0.0548 BTC [+]
pigeons: this is the guy who runs the esecurity assets which supposedly run a ddos prevention service
Lyspooner: but what if i want to send an order to buttplox
jurov: Lyspooner, we run our own buttplox : mpex.coinbr.com
jurov: and there are more
jurov: that will surface if needed
jurov: lol, rape with BFG... quite an overkill
assbot: [MPEX] [S.MPOE] 18158 @ 0.00074708 = 13.5655 BTC [+]
assbot: [MPEX] [S.MPOE] 816842 @ 0.00075 = 612.6315 BTC [+]
assbot: [MPEX] [S.DICE] 23 @ 0.0052 = 0.1196 BTC [+]
jurov: 816842 @ 0.00075 = 612.6315 wat
Namworld: there was another for much more earlier
jurov: i don't understand what's happening here anymore
jurov: or rather, i was thinking i understand and i was wriong
B0g4r7_: I don't know how I understand some of this stuff.
B0g4r7_: Sometimes if I take a step back and look at it, I'm like 'wat?'
B0g4r7_: "I got mah GPUs mining LTC" :step back: 'wat?'
jurov: at least you got nice heating. that's what matters.
dub: s.dice moar like s.deuce
mircea_popescu: well it's good news in any event, helps support the book.
Ukto: pigeons: that crypto-trade is by Neotrix the eSecurity assets on btct/ltc
Ukto: being in HK I believe its highly illegal there too :)
Ukto: seeing as eCurrencies are very illegal in china/hk
Ukto: there are actual laws aginst eCurrencies in china/hk
pigeons: yeah explicitly illegal now
Ukto: china MUST maintain control.
jcpham: laws are always fun when they chnge
mircea_popescu: so wait. bitcoin is a. illegal in china ; b. on some senator's deathlist in the us ; c. sorta neutral in europe.
pigeons: its moral until Luke-Jr says its wrong
jcpham: laws that are moral and laws that are cultoral have different meaning to me
jcpham: china's new law is cultural and has nothing to do with morality
mircea_popescu: you know i can bringa pretty good set of arguments that rape is cultural not moral in this scheme
jcpham: we're getting dangerous close to the idea of right vs. wrong
jcpham: that's the beauty of it, it is all arbitrary
kakobreklaaa: im just dicking around, since i sound like a tits but mean dick.
jcpham: situationally speaking the act of rape can be amoraaly wrong or culturally wrong or both
mircea_popescu: well what the fuck am i doing here, am i beheading this rapist guy or not ?
jcpham: everyone else can decide as long as i'm not raped
jcpham: once i'm raped then i have to decide
gribble: BTCUSD ticker | Best bid: 39.79000, Best ask: 39.99400, Bid-ask spread: 0.20400, Last trade: 39.99400, 24 hour volume: 83112.64777389, 24 hour low: 36.00012, 24 hour high: 40.64625, 24 hour vwap: 39.12581
jcpham: i forgot what we were talking about
jcpham: the point i was making is that rape is strictly prohibited
Ukto: financially or physically? :P
dub: remember beign raped is punishable by death in places
mircea_popescu: some places discriminate for the victim, some for the perpetrator
Ukto: and those countries usually hit the woman for cheating if married
kakobreklaaa: 21:51.52 ( mircea_popescu ) some even inssit they marry.
dub: Ukto: there was a case in dubai a while back where the wife/gf of a guy who cheated on her was jailed because she caught them having sex and three people in a room where sex is happening is a crime
mircea_popescu: that dumbass law btw is the reason i never went to dubai.
dub: yeah fuck that place
dub: the mandatory 4 years in jail for drugs thing.. when they don;t publish what drugs are illegal and frequently jail people carrying over the counter pharmacy drugs perfectly legal int eh country of origin
dub: oh you had a headache and bought ibuprofen with you? tough shit, see you in 4 years
pigeons: yes even if you are only stopping over on the plane en route to another country and never get out
pigeons: melatonin is the one that gets the press for leaving you in jail in dubai if you're travelling from Britain to australia and stop in dubia
pigeons: although if poppy seeds fall off your in-flight bagel onto your shirt you're jailed as well
pigeons: and don't forget their magic machines that can detect undetectable amounts of cannabis under the dirt clung to your shoes
mircea_popescu: the only upside is that they have two law tiers, which is nice (the us does too)
mircea_popescu: so you can go on a special "is not a mook" ticket and just do coke off model butt with the sheiks
assbot: [HAVELOCK] [SDICE] 2 @ 0.548 = 1.096 BTC [+]
pigeons: forein women are allowed to read if they do it in private
dub: sooner the jews and arabs nuke each other into oblivion the better
Lyspooner: i was disappointed to learn that the 1500 russians injured when the meteorite exploded above their heads were mostly treated for cuts related to broken glass
Lyspooner: that they got hit with space rocks
dub: better if they started growing tentacles
Lyspooner: tentacles probably take weeks to grow
mircea_popescu: Lyspooner si is one of the more common elements. when heated it makes glass. most meteorites that ain't metallic are obsydian basically.
iz: what's cooler, obsidian from a meteorite or obsidian from a volcano?
assbot: [HAVELOCK] [SDICE] 5 @ 0.5489 = 2.7445 BTC [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.53162 = 10.6324 BTC [-]
gribble: BTCUSD ticker | Best bid: 40.01667, Best ask: 40.19000, Bid-ask spread: 0.17333, Last trade: 40.16999, 24 hour volume: 83584.00647079, 24 hour low: 36.00012, 24 hour high: 40.64625, 24 hour vwap: 39.14721
assbot: [MPEX] [S.DICE] 1900 @ 0.00500001 = 9.5 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 646 @ 0.00569 = 3.6757 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.00500001 = 0.5 BTC [-]
assbot: [MPEX] [S.DICE] 1900 @ 0.00500001 = 9.5 BTC [-]
ZedsterX: jurov: A new motion has been posted on ASICMINER-PT i see no motion?
jurov: i have nothing wrt asicminer-pt
assbot: [BTCTC] [GSDPT] 15 @ 0.00608 = 0.0912 BTC [-]
burnside: gotta be a caching thing, one sec.
ZedsterX: i gotta run just thought ya should know
Namworld: 0.00608? Common, S.DICE-PT is like 6.5% cheaper
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00569 = 0.0854 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.53162 BTC [-]
B0g4r7_: Heya burnside. You gonna have some Startum h4wtness for us?
burnside: had a 600 second cache when it should have only been 60
burnside: I really want to get stratum going, I'm testing it via our DDoS service.
burnside: Gotta make sure it works through 'em
assbot: [MPEX] [S.MPOE] 18055 @ 0.00074217 = 13.3999 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00500001 = 0.5 BTC [-]
assbot: [MPEX] [S.DICE] 900 @ 0.00500001 = 4.5 BTC [-]
burnside: hey all, the motion is up on ASICMINER-PT, grants 90 days no maintenance fees (in theory, should be long enough for Friedcat to get his exchange going) and also reduces the maintenance in tiers down to 0.5% if there are more than 10k shares being maintained.
assbot: [HAVELOCK] [SDICE] 2 @ 0.525 = 1.05 BTC [-]
dub: anyone here want 100 asicminer?
burnside: should cover all the bases, highly recommend approval, as there's no downside for shareholders.
dub: idk, what are the going for?
dub: looks like .65 on teh PTs
burnside: ours are more expensive because I had to secure a call option to get it started.
mircea_popescu: <dub> why the disparity? << because not beingon an exchange sucks.
ThickAsThieves: there are only 2 ppl selling on the PT's. INAU, and Burnside, right?
burnside: but there's benefits there too. don't have to deal with trust issues, escrow, etc.
burnside: yeah, liquidity will be much better on and exchange if you need to move fast
burnside: yeah, I think right now it's INAU's shares on BF. I'm not certain of that.
Anduckkk: how much asicminer got mining hash rate?
Anduckkk: i can sell 18 shares (asicminer) for 0.65 each
burnside: I'm hoping I can sell all 1000 in short order because it'll let me issue a small refund that'll bring the price down a bit.
burnside: with the premium on the option the shares are more expensive in lower volume
ZedsterX: burnie like the motion but ya know nice guys never win
burnside: haha, ZedsterX, I kinda like my utopian bubble.
assbot: [HAVELOCK] [SDICE] 5 @ 0.5489 = 2.7445 BTC [+]
burnside: I hear ya, didn't get 'em at 55 tho. breakeven is around 64 if all 1000 sell
burnside: sucks, I know, but that's the option I got.
ThickAsThieves: and promo them as pnly 1% cit from divs, nor service fees
burnside: in a week when asicminer is doing 12TH and they're 1 BTC/ea the 3 weeks remaining on the option are going to look pretty nice.
ZedsterX: now if i only have 4 shares I still fall the 10000 share catergory right?
burnside: that was a prediction, I think I heard that they're doing 7.2TH today
burnside: it's how many are in the passthru total
ZedsterX: once again i was miss reading...geez its hard to be so slow sometimes
burnside: ThickAsThieves, I hear ya, but contracts are for when things go bad as much as they are for when things go good.
gribble: BTCUSD ticker | Best bid: 41.56001, Best ask: 41.65000, Bid-ask spread: 0.08999, Last trade: 41.65000, 24 hour volume: 94505.95802205, 24 hour low: 36.15200, 24 hour high: 41.79000, 24 hour vwap: 39.61246
mircea_popescu: ;;later tell bugpowder BTCUSD ticker | Best bid: 41.56001 - the oix fuckin' predicted, man!
assbot: [BTCTC] [ESECURITYSABTC] 20 @ 0.63494 = 12.6988 BTC [-]
assbot: [MPEX] [S.DICE] 2504 @ 0.00485 = 12.1444 BTC [-]
Chaang-Noi: like when it will start to go mainstream
Chaang-Noi: yeah that is kinda what i was thinking too, but 100,000 each is a bit high
mircea_popescu: thestringpuller you didn't buy enough under 20 cause it was too expensive last month, did you.
Chaang-Noi: bitinstant still down and out with peoples money?
TomServo: I get 6 years would be an eternity for bitcoin, but that still seems...aggressive.
mod6: im suprised that's his only reponse to the trilema blog
mircea_popescu: Chaang-Noi they got fucked but it's not their fault and their #1 priority is security except not rly.
gwillen: Chaang-Noi: huh, did he just publish that?
gwillen: we've only been at $41.50 for like an hour
mod6: they seem extra scammy
assbot: [HAVELOCK] [KCIM] 1 @ 0.99999999 BTC [+]
mircea_popescu: i dunno, they don't seem scammy to me, but certainly veering into the "we're 18 hear us roar" sorta attitude.
mod6: yeah, they're old than that though...and they ought to start caring about security
mod6: before they have gaping anus'
mircea_popescu: i think the perspective shift from "we're trying and so nobody should criticise us" to "w'ere doing" is really difficult for most kids
mod6: well, in my 13 years of software dev in this country, it has /always/ been: Dollars first, security when we can get to it.
mircea_popescu: kinda hard to secure platforms that weren't build around security from the very beginning.
mod6: absolutly /never/ do they build shit with any security model in mind.
mircea_popescu: yea...welll... the trillions in yearly online fraud have to come from somewhere.
thestringpuller: mircea_popescu: no i just like seeing self inflicted crashes so rich people can profiteer
mod6: its constantly bolted on the side.
mircea_popescu: dude i totally like this bitbet. wouldn't it be the laugh of all time if i end up retiring over my bitbet stock
dub: I try to give them my money but nooo, their property is a unique snowflake that is clearly worth more than people are willing to pay
Chaang-Noi: bitinstant was down, people could not get their money/btc maybe people know now but when i went to bed 8 hours ago i had no idea why
BitHub: apirl 1st bfl comes out saying it they were joking all along
mircea_popescu: they saw the foreign email, removed it and went to bed
mircea_popescu: they make no mention of what actual measures they took for the future, and don't seem to have learned anything at all.
mircea_popescu: which shrem just went on the record saying he doesn't comprehend.
mircea_popescu: so i'm thinking... best stick to smpake and d&t's services.
Chaang-Noi: well i like veer and think bitinstant is needed for btc, but that charlie guy... lol
mircea_popescu: i don't really know either two of them, tbh. never used the bitinstant thing
Ukto: erik and charlie are both very nice
Ukto: charlie has been very busy personally lately
Ukto: and erik has been out and about traveling
Chaang-Noi: that charlie guy honestly i think might be mildly retarded. he said he was scared to take money form the fbi in his thread and i was like why? are doing something illegal? he responce was the "fedral bra inspectors" i was like wtf??
Chaang-Noi: atleast they only lost 1000 btc, could ahve been much much higher
mircea_popescu: Chaang-Noi there was recently a rash of small arms manufacturers refusing to deal with their rogue government there
dub: erik is clearly retarded, doesn't bode well if both of them are
Ukto: fbi doing something illegal? happens. prosocutors offering compromise to get you to do illegal acts on their behalf? happens. kimdotcom? happened.
assbot: [BTCTC] [GSDPT] 1262 @ 0.00608 = 7.673 BTC [-]
gribble: BTCUSD ticker | Best bid: 42.00000, Best ask: 42.05750, Bid-ask spread: 0.05750, Last trade: 42.00000, 24 hour volume: 97498.99357980, 24 hour low: 36.47000, 24 hour high: 42.50689, 24 hour vwap: 39.76206
Chaang-Noi: Ukto that is what i said, is using bitinstant an illegal act, and he would not answer me yes or no...
Chaang-Noi: Ukto he went on some childish tanget about bras to avoid the topic
Chaang-Noi: we are well into 42... i wake up and pop 41 and pop 42.. damn
Chaang-Noi: i told him i cant tell people to use bitinstant any more if he cant tell me that he does not think using it is not illegal...
Ukto: $42.68 is current high
gribble: BTCUSD ticker | Best bid: 42.00000, Best ask: 42.47121, Bid-ask spread: 0.47121, Last trade: 42.47121, 24 hour volume: 97587.14426085, 24 hour low: 36.50000, 24 hour high: 42.68943, 24 hour vwap: 39.76494
Chaang-Noi: if it was not for all the strong bids id say this is bubble:/ but it does not look like bubble:/
Chaang-Noi: i think the sellers who were going to sell sold at 28-32 expecting to get them cheaper...
gribble: BTCUSD ticker | Best bid: 42.05850, Best ask: 42.30000, Bid-ask spread: 0.24150, Last trade: 42.05850, 24 hour volume: 97857.41109838, 24 hour low: 36.56000, 24 hour high: 42.69000, 24 hour vwap: 39.77385
Bugpowderr: Selling a little makes me have courage
Chaang-Noi: selling a little makes my family have food and nice things...
Bugpowderr: I should deposit and buy that block at .0047
jcpham: i traded afe wbitcoinf or 800$ in amazon the other day
Chaang-Noi: mp that is lol but just a stunt, the cops will get arms
jcpham: anyways Ilaunder my money through my family
mircea_popescu: Chaang-Noi yeah, asciilifeform was making the same point, marketing gimmick.
jcpham: buy them the things they need
jcpham: mircea_popescu i noticed that reference btw
dub: s.duece is never bouncing
jcpham: i only had about 300 BTC stolen from me
jcpham: 1600btc if i count the interest
assbot: [BTCTC] [S.DICE-PT] 1262 @ 0.00569 = 7.1808 BTC [+]
mircea_popescu: 1600 btc wouldn't have bought a car back in sept would it have ?
jcpham: but this time last year i mined a few hundred bucks a day
jcpham: and gave it to strangers for shits and giggles
mircea_popescu: jcpham i'm still in that phase, just, the rate supports my extravagance.
gribble: BTCUSD ticker | Best bid: 42.99998, Best ask: 43.00000, Bid-ask spread: 0.00002, Last trade: 42.99998, 24 hour volume: 98119.15011464, 24 hour low: 36.69989, 24 hour high: 43.00000, 24 hour vwap: 39.80119
jcpham: it might have bought me a yugo
assbot: [MPEX] [S.MPOE] 13497 @ 0.00073462 = 9.9152 BTC [+]
assbot: [MPEX] [S.MPOE] 34806 @ 0.00075 = 26.1045 BTC [+]
assbot: [BTCTC] [GSDPT] 908 @ 0.00608 = 5.5206 BTC [-]
jcpham: i regret all the silver bullion i've bought
jcpham: i've brought in about 100 ounces
jcpham: that i payed way to much for at this juncture
mircea_popescu: my problem was, so buy 100 ounces. da fuck do i do with it now ?
mircea_popescu: i think many people love bitcoin PRECISELY because it's so ethereal.
dub: so all these librariantarians hoard metal for the econopocalypse right?
jcpham: i really hope this price finds long term support
dub: because when everyone is starving they are goign to care about silver and gold
Ukto: [20:39] <amphipod> Mar06 02:40:52 mtgox 0.4000 @ 43.00 USD
jcpham: i have some metal on hand in case i need to trade one day
dub: protip: hoard food and ammo, nobody is goign to want your shiney metal
jcpham: i like to think i have enough shiny stuff to purchase something i might need
jcpham: but what i might need i do not know
assbot: [MPEX] [O.BTCUSD.C370T] 24 @ 0.22 = 5.28 BTC [+]
jcpham: i also have several thousand rounds of ammo
assbot: [MPEX] [O.BTCUSD.C350T] 10 @ 0.24103982 = 2.4104 BTC [+]
jcpham: i also have plans to lock down my little island
jcpham: should shit hit the fan
assbot: [MPEX] [O.BTCUSD.C390T] 5 @ 0.20618917 = 1.0309 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23521087 = 235.2109 BTC [+]
dub: i don't understand how metal is supposed to have value when fiat doesnt
jcpham: the more i think about it the more i tend to agree
jcpham: my thoughts on metal have changed
gribble: There are currently 112.41585 bitcoins offered at or under 43.0 USD, worth 4833.88037854 USD in total. | Data vintage: 0.0015 seconds
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.21048426 = 210.4843 BTC [+]
dub: sure you can make ammo out of metal but its probably cheaper ot hoard lead?
gribble: There are currently 14803.645 bitcoins offered at or under 50.0 USD, worth 693447.9213 USD in total. | Data vintage: 46.9849 seconds
mircea_popescu: <jcpham> i really hope this price finds long term support << it just might. the reason is that bitcoin with large marketcap is more useful than bitcoin with low mkt cap.
mircea_popescu: <gribble> There are currently 112.41585 bitcoins offered at or under 43.0 USD, << epic.
dub: asciilifeform: you gonna sail to another country to trade with them?
dub: asciilifeform: do you know how to make a sailboat?
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.18844965 = 188.4497 BTC [+]
mircea_popescu: <asciilifeform> when a nation collapses, people from nearby (and not so nearby) places come to vacuum up the valuables. << word on that.
mircea_popescu: on the collapse of bulgaria in the 90s i went there with a truck full of cans
jcpham: mircea_popescu a lot of these numbers and amths are going to be staggering from now on
jcpham: if this 50 ish range finds support
dub: mircea_popescu: what? were they hoarding the jools in their ass?
error4733: just for crush the market to 0.003
jcpham: an egg as currency makes sense if perople are hungry though
jcpham: if i was starving i'd gladly accept an egg
mircea_popescu: a three week old egg in the summer is more of a weapon than a food item
jcpham: yeah idefinitely infuse rotten egs in the supply
dub: unless you're in china
Bugpowderr: the big sale on S.DICE just got pulled
dub: and also have a horse
jcpham: that what bernanke tells me
dub: jcpham: amm and 'turkey
jcpham: or is that warren buffet
assbot: [MPEX] [S.MPOE] 100000 @ 0.00075 = 75 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 10 @ 0.21068324 = 2.1068 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.18863313 = 188.6331 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23542766 = 235.4277 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 990 @ 0.21068324 = 208.5764 BTC [+]
assbot: [MPEX] [O.BTCUSD.C370T] 10 @ 0.23622767 = 2.3623 BTC [+]
mircea_popescu: but for the record, there wasn't much violence at the time.
mircea_popescu: certainly less than what counts as a "quiet day" in washington dc or la.
mircea_popescu: for that matter, the collapse of the serbian govt during the allied bombing didn't engender much violence at all.
mircea_popescu: direct experience shows that without a government people are pretty much doing the exact same things.
dub: just some casual genocide
jcpham: 'murica: ruining your culture with economics and technology since 1944
jcpham: mostly i blame the japanese and perl harbor for the sad state of world affairs
jcpham: i've never seen godzilla irl so...
mircea_popescu: asciilifeform i have a piece about how lincoln is the original cause america sucks.
jcpham: British colonialism is really to blame
jcpham: or the romans if we want to really point fingers
mircea_popescu: english misunderstanding of french socialism is the problem.
jcpham: that was efore my time
jcpham: i've only been around for a few hundred years
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.65 = 13 BTC [-]
mircea_popescu: twitter sez "discosync.co just won $25k on stage at @Launch."
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23679642 = 236.7964 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.18982587 = 189.8259 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.21195868 = 211.9587 BTC [+]
gribble: BTCUSD ticker | Best bid: 43.90000, Best ask: 44.00000, Bid-ask spread: 0.10000, Last trade: 44.00000, 24 hour volume: 100112.20743136, 24 hour low: 36.71000, 24 hour high: 44.00000, 24 hour vwap: 39.94269
ThickAssLaptop: "and though may never have to, it's good to have options"
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08490939 / 43.71874246 / 47.83958615 (no shares, 8,160.59 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08490939 / 43.71874246 / 47.83958615 (no shares, 8,160.59 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mod6: I guess it could be right, have to do the calculation, but someone bought a bunch of puts @ 75
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.19079917 = 190.7992 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23791328 = 237.9133 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.21299953 = 212.9995 BTC [+]
Chaang-Noi: <amphipod> Mar06 03:10:42 mtgox x88 1,000.0000 @ 44.93371459 USD
assbot: [MPEX] [O.BTCUSD.C450T] 10 @ 0.17096796 = 1.7097 BTC [+]
Chaang-Noi: jesus, i go take a shit and they are gone...
mod6: 43's are gone, and the even's wern't created this month
mod6: lots of buy and holders
Chaang-Noi: amphipod> Mar06 03:03:55 mtgox x138 1,395.9533 @ 43.97145535 USD
gribble: There are currently 11448.341 bitcoins offered at or under 50.0 USD, worth 548166.438908 USD in total. | Data vintage: 0.0021 seconds
Chaang-Noi: people are buying 1000 plus coins at a time at this price...
gribble: BTCUSD ticker | Best bid: 44.06075, Best ask: 44.30000, Bid-ask spread: 0.23925, Last trade: 44.30000, 24 hour volume: 101787.86062457, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.04730
Chaang-Noi: and this is with people trying to buy via bitinstant and being left out of the game...
gribble: BTCUSD ticker | Best bid: 44.01000, Best ask: 44.05000, Bid-ask spread: 0.04000, Last trade: 44.13135, 24 hour volume: 101769.80421578, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.09091
gribble: There are currently 274.49811 bitcoins offered at or under 45.0 USD, worth 12352.4148497 USD in total. | Data vintage: 0.0013 seconds
jcpham: 3 minute trade excution reported in #bitcoin
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23876878 = 238.7688 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.19154283 = 191.5428 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.21379583 = 213.7958 BTC [+]
keith_hanson: Hm. So... I took a look at the site, but it doesn't really talk about what this channel is for. Is it just general trading talk?
assbot: [MPEX] [O.BTCUSD.C350T] 20 @ 0.29732419 = 5.9465 BTC [+]
assbot: [MPEX] [O.BTCUSD.C370T] 60 @ 0.26660605 = 15.9964 BTC [+]
keith_hanson: Sorry if the question is a newbtastical one heh
dub: its for rational discussion
mircea_popescu: but in general, it's for bitcoin securities related talk + porn.
dub: by containing rational discussion it is set apart from any other bitcoin forum
keith_hanson: mircea_popescu: haha, nice. I gave the website a shot, but... you have to admit, it's pretty light on any sort of information :P
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08490939 / 44.86994706 / 48.55677484 (no shares, 9,470.06 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
dub: mircea_popescu: I don't pay much attention
Chaang-Noi: the spread at btc-e is about $2 most of the time, but they get cash in via bitinstant, and that is fail
Chaang-Noi: only way to get cash now is sell ltc for cash, lol
dub: are you folling at my expense?
Chaang-Noi: mo a but now yes, but its sill up 250% in 3 days
Chaang-Noi: fuck i cant type... mp yes, it is going down a bit now, but still well up
Chaang-Noi: 18.5 cents to 16 cents cuz cheap ass btc
ThickAssLaptop: actually when i press it just tells me how many btc i wanna buy, 18889
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23924296 = 239.243 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.21423593 = 214.2359 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.19195264 = 191.9526 BTC [+]
Chaang-Noi: back to 43.. atleast i get to see it trade there :)
keith_hanson: I've never understood how people arbitrage across exchanges... doesn't the transfer of bitcoins from one account to the other take hours?
gribble: BTCUSD ticker | Best bid: 43.33624, Best ask: 43.99000, Bid-ask spread: 0.65376, Last trade: 43.99000, 24 hour volume: 102601.01478656, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.14144
dub: I keep reading BCST instead of BTCT
dub: momentary WATing ensues
Chaang-Noi: yeah mo, im happy with anything over 25 really...
dub: im waiting for $2 again
gribble: There are currently 16666.852 bitcoins offered at or under 55.0 USD, worth 807037.068585 USD in total. | Data vintage: 32.2206 seconds
gribble: Time since last block: 12 minutes and 17 seconds
gribble: Next difficulty estimate | 4749417.28355 based on data since last change | 4789887.21932 based on data for last three days
mircea_popescu: you know i suspect they've not been able to keep hash within 10% for six hour straight since the beginning of the month.
mircea_popescu: either their chips keep burning or software sucks or lots of overactive cats or wtf.
mircea_popescu: Chaang-Noi i have a dead fish in the fridge that's kicking bfl's ass.
ThickAssLaptop: lots of shaking things up to mask hashing for themselves
mircea_popescu: ThickAssLaptop wait wut ? it's asicminer's business model to mine for themsleves.
Chaang-Noi: <amphipod> Mar06 03:42:56 btce 1.1179 @ 39.53 USD
gribble: BTCUSD ticker | Best bid: 42.50000, Best ask: 43.99000, Bid-ask spread: 1.49000, Last trade: 42.50000, 24 hour volume: 103543.75360681, 24 hour low: 36.71000, 24 hour high: 45.00000, 24 hour vwap: 40.17722
Chaang-Noi: mp they own over half the company, i dont think they will cheat much...
Chaang-Noi: he has like 60% he is going to be one rich motherfucker
mircea_popescu: Chaang-Noi if it ever gets to s,mpoe sort of market cap then yes.
Chaang-Noi: assuming they get 10% of the coins in one year his 60% share is about 79k btc
Chaang-Noi: just 1 year, i doubt he will need to cheat
assbot: [HAVELOCK] [KCIM] 2 @ 0.955 = 1.91 BTC [-]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.1921324 = 192.1324 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.2144312 = 214.4312 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23945589 = 239.4559 BTC [+]
keith_hanson: Sorry if I keep asking basic questions, but I'm taking you up on the intelligent discussion :P I get asked a lot where the value is coming from, and the only real answer I have is the "black market"/SR. Is that the general opinion or am I misinformed?
mircea_popescu: “It is possible, I suppose, to imagine an extraordinary circumstance in which it would be necessary and appropriate under the Constitution and applicable laws of the United States for the President to authorize the military to use lethal force within the territory of the United States.”
assbot: [HAVELOCK] [SDICE] 1 @ 0.529 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.528 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.5278 = 1.5834 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5275 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.526 = 2.63 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.5252 = 1.0504 BTC [-]
ThickAssLaptop: yes, we would like the convenience of attacking you with robots, let's keep that option open
ThickAssLaptop: we also want to wiretap so we can listen to your reaction lol
assbot: [MPEX] [S.DICE] 100 @ 0.004551 = 0.4551 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00444446 = 0.4444 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00444444 = 4.4444 BTC [-]
assbot: [MPEX] [S.DICE] 7000 @ 0.0044444 = 31.1108 BTC [-]
assbot: [MPEX] [S.DICE] 13031 @ 0.0044444 = 57.915 BTC [-]
dub: flushing the s.deuce
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.21475103 = 214.751 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.23980148 = 239.8015 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.19242937 = 192.4294 BTC [+]
mircea_popescu: you suppose people are selling anything they can to get options funds ?
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.00568 = 0.568 BTC [-]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.19340518 = 193.4052 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.2157941 = 215.7941 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.24091935 = 240.9194 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08490939 / 46.44009073 / 49.47150622 (no shares, 12,058.61 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mircea_popescu: fun fact of the day : mpoe option book notional exposure passes 3mn usd.
mircea_popescu: this is more than the combined total of all venture capital taken in by all bitcoin ventures iirc.
mircea_popescu: i dunno, just throwing that out there, see if anyone has better data.
assbot: [BTCTC] [S.MPOE-PT] 350 @ 0.00073 = 0.2555 BTC [+]
Chaang-Noi: i thought it was way undervalued but this was one hell of a pop
assbot: [HAVELOCK] [SDICE] 1 @ 0.5252 BTC [-]
Chaang-Noi: im using it to troll /g/ on 4chan they think bitcoin is a scam
mircea_popescu: kinda funny being internet's cool kids, by 185 degrees of magnitude
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.2159899 = 215.9899 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.24113267 = 241.1327 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.19358548 = 193.5855 BTC [+]
dub: lol something bawful
Chaang-Noi: You don't have permission to access /dtng/c/src/136254317934.jpg on this server.
assbot: [HAVELOCK] [SDICE] 15 @ 0.5251 = 7.8765 BTC [-]
Chaang-Noi: . /g/ has been calling bitcoin a scam for years now... they missed the boat
mircea_popescu: "When is coinbase going to start selling bitcoins again? They've been "over their limit" for the past couple days."
Chaang-Noi: yeah.. its like the meme with fry holding the cash saying shut up and take my money...
gribble: BTCUSD ticker | Best bid: 43.03099, Best ask: 43.37291, Bid-ask spread: 0.34192, Last trade: 42.99000, 24 hour volume: 104489.74859354, 24 hour low: 36.91110, 24 hour high: 45.00000, 24 hour vwap: 40.28010
gribble: There are currently 34857.932 bitcoins offered at or under 69.0 USD, worth 1979397.98148 USD in total. | Data vintage: 15.1042 seconds
assbot: [MPEX] [O.BTCUSD.C410T] 592 @ 0.21606942 = 127.9131 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 785 @ 0.19365695 = 152.0207 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 355 @ 0.24122141 = 85.6336 BTC [+]
gribble: Time since last block: 19 minutes and 11 seconds
mircea_popescu: ppl are wanting to buy options, i'm like... well i guess you might have sent it two hours ago but if it ain't confirmed it ain't confirmed.
mircea_popescu: the value of keeping your liquidity in the right places i guess.
mircea_popescu: this is officially the most exciting time of bitcoin i've ever lived.
Chaang-Noi: went to troll /g/ /g/ wants to buy... fuuuck what just happened....
Chaang-Noi: . /g/ on 4chan, said btc was a scam for years.. now they want to buy
dub: no fucking way I am hitting 4chan from work
dub: I was dude the other day with dog paw tattoo with TWINK under it, hope he never goes to teh states
Chaang-Noi: yeah dont go to 4chan at work,... even the calm and mostly safe /g/
mircea_popescu: so eu stocks at 4 year high mark, dow is busting records
dub: he probbly doesnt know knwat twink means in teh states
dub: (its a brand name here)
mircea_popescu: clearly our idiotarian policymaker friends are doing things right.
keith_hanson: being a web developer, I want to take mtgox and overhaul their UI. Their new mobile site is atrocious.
assbot: [MPEX] [S.MPOE] 3600 @ 0.00075 = 2.7 BTC [+]
dub: just make a new exchange, gox is going to self destruct in a week anyway
dub: I thought migration to coinlol happens on the 12th
keith_hanson: mircea_popescu: uh, seriously? that's... concerning.
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.15000, Bid-ask spread: 0.15000, Last trade: 44.00000, 24 hour volume: 106697.45574715, 24 hour low: 36.93101, 24 hour high: 45.00000, 24 hour vwap: 40.37604
gribble: There are currently 1236.3618 bitcoins offered at or under 45.0 USD, worth 55413.0152492 USD in total. | Data vintage: 54.7067 seconds
gribble: There are currently 12874.465 bitcoins offered at or under 50.0 USD, worth 614113.730099 USD in total. | Data vintage: 64.7913 seconds
keith_hanson: I have learned more in an hour here than I have in months on reddit, bitcointalk, or any other web sources :P much appreciated
mircea_popescu: the otc system revolves around the wot, ask gribble about that.
assbot: [MPEX] [O.BTCUSD.C510T] 250 @ 0.12633113 = 31.5828 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 6 @ 0.12633113 = 0.758 BTC [+]
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.01000, Bid-ask spread: 0.01000, Last trade: 44.00000, 24 hour volume: 107173.30759404, 24 hour low: 37.01715, 24 hour high: 45.00000, 24 hour vwap: 40.42137
assbot: [MPEX] [O.BTCUSD.C470T] 75 @ 0.15734141 = 11.8006 BTC
assbot: [MPEX] [S.MPOE] 19207 @ 0.00075 = 14.4053 BTC [+]
assbot: [MPEX] [S.DICE] 2000 @ 0.00450001 = 9 BTC [+]
Namworld: When people buy lots of options, usually a good time to buy S.MPOE
Namworld: Hmm, S.DICE going down down down
maximian: there's a big fat ask there at 0.0047
maximian: that would have gone in a flash last week I think
Namworld: that was before price skyrocketed
Namworld: Now everyone wants BTC in their hands
assbot: [MPEX] [S.DICE] 1000 @ 0.00450001 = 4.5 BTC [+]
dub: DT going on 'holiday' to italy
assbot: [MPEX] [S.DICE] 100 @ 0.0045 = 0.45 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.0044444 = 0.4444 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00300001 = 0.3 BTC [-]
dub: praps catchign up with his best buddy alberto
assbot: [MPEX] [S.DICE] 100 @ 0.00450001 = 0.45 BTC [+]
dub: what is surprising about that?
assbot: [MPEX] [S.MPOE] 863500 @ 0.00075 = 647.625 BTC [+]
maximian: MPOE is in demand, on the other hand
Namworld: Of course, lots of options being traded
maximian: even though its divs performance is consistently worse than s.dice's
maximian: it must be a confidence thing. perhaps people have little faith that s.dice will be around long term.
assbot: [MPEX] [S.MPOE] 175000 @ 0.00075 = 131.25 BTC [+]
Namworld: I guess if you consider MPEx's track record and long term, if people expect Bitcoins to become mainstream and MPEx to retain it's #1 position to trade assets...
dub: maximian: or that there won't be any more surprise share splits
Chaang-Noi: dice at .003? id buy at that price some...
Namworld: Well S.MPOE could dramatically improve with a majority of assets trading moving to MPEx
assbot: [MPEX] [S.BBET] 4000 @ 0.0015 = 6 BTC [-]
dub: Namworld: why would htat affect s.mpe?
Chaang-Noi: asic miner is the next big hot trader i bet
maximian: actually, MP has regularly dumped mpoe shares as well, but he did it differently: he placed large asks well above the market price
mircea_popescu: maximian actually more an attempt to keep it from bubbling up than anything.
maximian: evoorhees, on the other hand, sold way below market price for some crazy unfathomable reason, which was a big WTF
maximian: evoorhees could have done the same
mircea_popescu: i think the fact that mpoe/mpex can't have a lossy month for shareholders may be a factor.
dub: yes but he's an idiot
maximian: but oh well. it shook a lot of people's confidence.
mircea_popescu: if people are thinking "s.dice has consistantly been over EV" it may be a consideration.
mircea_popescu: tho tbh... it doesn't seem to account for the disparity.
dub: Namworld: I didn't know fees contributed to s.mpoe, its not just the options?
mircea_popescu: Revenue from sales fee : 187.80380028 BTC (Total trade : 93`901.90014227 BTC)
maximian: I think people know that mope is here to stay, but there's a lot of uncertainty around s.dice
maximian: and unfortunately, evoorhees is distracted with conferences and his other hobbies
mircea_popescu: maximian ironically enough s.mpoe shares were bought as low as 2k satoshi.
Namworld: no, fees, options, incorrect deposits, etc
Namworld: It's all of MPEx's income, really
mircea_popescu: ftr an incorrect deposit has yet to make it to shareholders. there was a grand total of like, 1 so far.
Namworld: good to know that people with enough BTC to trade on MPEx can manage not to screw up deposits.
mircea_popescu: but anyway, s.dice has so far paid ~50k satoshi per share in dividends to s.mpoe's ~2k
mircea_popescu: on a strictly dividend basis of accounting it's a huge gap.
mircea_popescu: course if you think about it, a corp that issues 10% divs a year is not automatically better than one that issues 3%
mircea_popescu: actually i'd be much surprised if the average retail investor could even tell you what dividend his portofolio paid
Namworld: Coca-Cola has low yearly yield.
maximian: not if everyone expects it to flame out early
Namworld: I think. Still great stock. Stable, very old company. Popular as ever.
mircea_popescu: maximian i guess maybe that's it, in spite of early explosive success people expect it to flame
Namworld: There's a few multinationals like that with low yield and high demand. Safety and stability are good to consider.
maximian: yep, high uncertainty over its future: can it maintain its market share, will evoorhees get arrested, etc
mircea_popescu: course there's another thing : on the strength of the book so far, s.mpoe could walk home with 20-30k btc.
mircea_popescu: on the strength of the action so far, s.dice is ahead what, 2k yet ?
maximian: s.dice not doing so well so far this month, but that's to be expected now and then
maximian: nobody had a problem back in november when s.dice paid zero
mircea_popescu: the immediate outlook. "shot at 20-30k with no downside" vs "not so great, maybe 2k, maybe negative"
mircea_popescu: maximian yeah but investor composition changed a lot, lots of pt holders,
assbot: [MPEX:S.DICE] 1D: 0.00300001 / 0.0046852 / 0.00579999 (39585 shares, 185.46 BTC), 7D: 0.00300001 / 0.0058052 / 0.0063799 (554773 shares, 3,220.57 BTC), 30D: 0.00300001 / 0.00589794 / 0.007395 (6726620 shares, 39,673.22 BTC)
maximian: evoorhees has to get cracking and start promoting this thing again!
maximian: It wasn't clear that he was talking about s.dice, but it would be nice if he's hinting at an acquisition or partnership
gribble: BTCUSD ticker | Best bid: 44.20000, Best ask: 44.25000, Bid-ask spread: 0.05000, Last trade: 44.15000, 24 hour volume: 108129.84604915, 24 hour low: 37.41306, 24 hour high: 45.00000, 24 hour vwap: 40.54922
maximian: imo, the best case scenario for s.dice is an acquisition by a big player looking for a quick entrance into btcland
assbot: [MPEX] [S.MPOE] 17900 @ 0.00075 = 13.425 BTC [+]
mircea_popescu: 19 mn or so are certainly nothing for sometyhing like s,dice
mircea_popescu: so a deal will prolly be a nice payout for btc shareholders.
maximian: tremendous mindshare/brand awareness for a bargain price of 19-20m
mircea_popescu: but i can see erik reasonably walking away from anything under 100mn total
maximian: yep, it's a possibility, and I believe he's the kind of guy who could pull it off.
assbot: [MPEX] [O.BTCUSD.C450T] 500 @ 0.17591975 = 87.9599 BTC [+]
mircea_popescu: no better way to showcase btc success than a successful exit for him.
Namworld: I think the current success would be shorting your BTC for USD
Namworld: Buy back later at a lower price
mircea_popescu: you can sell calls short which would be doing exactly that.
mircea_popescu: I think 67117 is proxy pool. The hash output is always simillar to SLUSH's. SLUSH has 2.6% rejection rate -they obviusly proxy pooling. Still not real proof of working ASIC.
mircea_popescu: anyone rthat understands mining, how sensible is that ?
mircea_popescu: specifically, how traceable is hashing based on the reject rate ?
Namworld: network hashing is estimated based on blocks found...
mircea_popescu: obviously i can set up a mining pool account and proxy other peoples mining there.
mircea_popescu: question is, can this be at all traced based on some qualities of the hash flux
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.12509, Bid-ask spread: 0.12509, Last trade: 43.66490, 24 hour volume: 108414.79454220, 24 hour low: 37.41306, 24 hour high: 45.00000, 24 hour vwap: 40.57198
mircea_popescu: o hey, it occurs to me, this is the right time to get hacked right ?
assbot: [HAVELOCK] [SDICE] 45 @ 0.49100001 = 22.095 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.491 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.4682 = 4.682 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4681 = 0.9362 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4674 = 0.9348 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4588 BTC [-]
assbot: [HAVELOCK] [SDICE] 18 @ 0.4511 = 8.1198 BTC [-]
aiball: mr. p. I'd say that's the biggest wild card at the moment - a high profile hack. your shit is safe right?
aiball: do you know what's wrong with s.dice price? is this just a dollar based stock?
mircea_popescu: if you read history it's been discussed just hourish ago
assbot: [BTCTC] [ESECURITYSABTC] 3 @ 0.63494 = 1.9048 BTC [-]
mircea_popescu: "If you're looking for a loan for Bitcoin Poker at Seals, let me know."
mircea_popescu: "I notice there are some BTC bookies. So I thought I would help bettors win more bets. I began betting on sports back in December 2012 with a nice record so far. "
mircea_popescu: jumpin' jesus on a stick, three months is now a track record ;/
assbot: [MPEX] [S.MPOE] 516 @ 0.00073315 = 0.3783 BTC [-]
assbot: [MPEX] [S.MPOE] 11784 @ 0.00073156 = 8.6207 BTC [-]
mod6: well -assets, its been an exciting day!
mod6: s.dice has had an interesting ride into divs, and even after... seems to be doing the inverse of what you would expect.
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00999 BTC [+]
assbot: [BTCTC] [BTC-BOND] 98 @ 0.00999 = 0.979 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.0045 = 0.45 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00300002 = 0.3 BTC [-]
BitHub: its amazing the amount of amatures that i come across sometimes, they dont even have a business plan or anything and think they're going to land on an exchange or PT and be taken seriously?
Chaang-Noi: got security cams on my house, pretty need seeing my yard from my phone:)
mod6: lol from your phone even 'eh?
mod6: BitHub: well, we all have to start somewhere.
Chaang-Noi: yeah, had no idea it could do that but hell, same price
BitHub: I know, i'm about 6 months old and i wouldn't even consider doing it yet
mod6: too many amatures not enough pros, too many bitches, not enough ho's...
Chaang-Noi: got 4 rotts to garud the house, neighbors start to fuck with the rotts... so i get video camerias to protect the rotts, fucking crazy
BitHub: i met this guy maybe a month into it? no business plan, its crazy
Chaang-Noi: and i need a truck for the rotts... cuz 4 large dogs are big... but its good cuz the rotts can gaurd the truck... fucking crazy
BitHub: how do you value your company without sales?
mod6: rotts are supposed to be awesome dogs.
Chaang-Noi: they are really good, have 3 females and a male, im breeding them
assbot: [MPEX] [O.BTCUSD.C450T] 270 @ 0.17776447 = 47.9964 BTC [+]
assbot: [MPEX] [S.DICE] 950 @ 0.0046 = 4.37 BTC [+]
Chaang-Noi: bid is at .003 for dice ask is .0045? massive spread?
mircea_popescu: <mod6> too many amatures not enough pros, too many bitches, not enough ho's... << good one
mircea_popescu: i liked that line enough im now digging to find who the fuck came up with it
mod6: its an old ludacris song
mod6: lol and i mis-remembered how it goes
Chaang-Noi: they cant send the silver cuz they will lose money
mod6: "i hate it when its too many niggas, not enough hoes, too many rookies, not enough pros!"
assbot: [MPEX] [S.DICE] 4 @ 0.0046 = 0.0184 BTC [+]
mircea_popescu: Chaang-Noi he's not getting it what, are you kidding ?
Chaang-Noi: he is saying he cant give the silver because he would run out of money
Chaang-Noi: and coinibul fucked up on insurance...
mod6: coingenuity?! say it aint so!?
Chaang-Noi: how can someone who as been in btc land so long be so fucking poor?
assbot: [MPEX] [S.MPOE] 816 @ 0.00073156 = 0.597 BTC [-]
assbot: [MPEX] [S.MPOE] 1030 @ 0.00073043 = 0.7523 BTC [-]
assbot: [MPEX] [S.MPOE] 7259 @ 0.00073042 = 5.3021 BTC [-]
mircea_popescu: what i got from the digest was, customer paid, provider shipped, insurance blew up.
Chaang-Noi: correct insurance was paid for but not recived
eeeCurrencyDotCo: Mircea, its' peter from eee - you sent me a link to chat with you here.
Chaang-Noi: if i send you a gold bar and tell you it is insured and you pay a fee for that, but it is not insured then its a scam
Chaang-Noi: it seems they did not insure the item in the correct way, coinibul fucked up
mircea_popescu: what do you mean correctly ? like they insured the wrong item or soemthing ?
Chaang-Noi: if i ship you a gold bar, but insure a taco... its a scam
Chaang-Noi: the insureance company said the item was not insured even thought coinibal did pay a fee
eeeCurrencyDotCo: :) (hi everybody) - I'm here for a specific reason, but I saw someone mention insurance. is there someone offering insurance on btc? I had ben contemplating getting my US license to offer to be an insurance broker and perhaps do somethng
mircea_popescu: if you give me a hundred bucks to give to mod6 for towing your car
Chaang-Noi: if i send you a car from thailand and insure it, but fine print says we dont insure cars whos fault is it?
mircea_popescu: haha that's ridiculous. so are they dropping that insurer now ?
Chaang-Noi: but mp i paid you a preiumuim to do the insurance for me...
Chaang-Noi: yes mp they did a differnt insurance company cuz turned out they did not have insurance
mod6: i would guess yah, just change insuance co's and that should set it right.
Chaang-Noi: but coinibul still fucked up, the buyer is not at fault here
Chaang-Noi: well, one guy is out of 80 btc worht of silver
eeeCurrencyDotCo: isn't the liability on the person with the implied or definitive contract?
mircea_popescu: i mean, these word against word things are difficult to break up
Chaang-Noi: they have tracking to priove buyer never got package
eeeCurrencyDotCo: if you contract with person a and bring person b in to it, isnt the contract with person a, not b?
mircea_popescu: so then wait. if package never arrived it's the post ?
Chaang-Noi: the coinibul was like sorry, silver not insured, fuck off
eeeCurrencyDotCo: ups just delivered a package today and left it with no sig - who should replace the loss? ups or the shipper?
Chaang-Noi: if there is insurance they need to cover it, but if it was sold as insured and not insured its a fucking scam
mircea_popescu: i guess this is why i am not in the business of delivering bullion to the retail postage market.
mircea_popescu: sucks for margins, sucks for operations, sucks all around.
Chaang-Noi: but jesus he willl destroy his rep for 80 btc saying he has no money to give the guy silver,,, how can he be so poor and be in btc that long...
mod6: well, who knows dude.
mircea_popescu: if he does this then he's going to have a rash of people trying it.
Chaang-Noi: the buyer has proof he never got the shit...
BitHub: i hope coinabul works it out :) seems like a good kind
Chaang-Noi: i ordered from coinibul myself once, ill never do it again...
BitHub: but you two are like broooos
Chaang-Noi: and that was cuz he fucked my order up, not this
assbot: [MPEX] [S.DICE] 100 @ 0.0045 = 0.45 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.0035 = 0.35 BTC [-]
eeeCurrencyDotCo: Mircea, when is a good time to come back and chat with you about setting up an exchange, or becoming a broker, or getting listed?
mod6: well, personally, i think its a cool business (many others think its pretty neat-o too), I hope he gets it squared away.
mircea_popescu: lol is that the mtgox 1satoshi bot pushing the s.dice down ?
maximian: Hey, at least there's some action!
assbot: [MPEX] [S.DICE] 1 @ 0.0046 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.0045 = 0.45 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.0046 BTC [+]
gribble: I have 16 registered users with 21 registered hostmasks; 1 owner and 0 admins.
gribble: Current Blocks: 224491 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 1300 blocks | Next Difficulty In About: 1 week, 1 day, 21 hours, 41 minutes, and 55 seconds | Next Difficulty Estimate: 4775657.49997 | Estimated Percent Change: 9.33592
gribble: BTCUSD ticker | Best bid: 44.34351, Best ask: 44.68217, Bid-ask spread: 0.33866, Last trade: 44.68217, 24 hour volume: 105246.62244956, 24 hour low: 37.72771, 24 hour high: 45.00000, 24 hour vwap: 40.78103
gribble: 1 BTC = 44.68217 U.S. dollars = 34.1999005 Euros
mircea_popescu: "i'ma go take a piss. by the time im back, btc is 1 ford escort per"
mircea_popescu: then it turns true and everyone is "buy kakobrekla escorts"
[\\\]: so when's the correction?
mircea_popescu: [\\\] the way my book is loaded if we go back to 30 im'a be floating in a pond of btc
gribble: BTCUSD ticker | Best bid: 44.50000, Best ask: 44.70000, Bid-ask spread: 0.20000, Last trade: 45.77190, 24 hour volume: 105273.67523350, 24 hour low: 38.48373, 24 hour high: 45.77190, 24 hour vwap: 40.95523
gribble: BTCUSD ticker | Best bid: 44.50000, Best ask: 44.56634, Bid-ask spread: 0.06634, Last trade: 44.56634, 24 hour volume: 105176.47600550, 24 hour low: 38.48373, 24 hour high: 45.77190, 24 hour vwap: 40.95719
Chaang-Noi: amphipod> Mar06 07:05:44 mtgox x221 1,000.0000 @ 4,319.05105821 JPY
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message)
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message)
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid currency (1 more message)
gribble: BTCJPY ticker | Best bid: 4200.899, Best ask: 4292.351, Bid-ask spread: 91.45200, Last trade: 4371.772, 24 hour volume: 5026.74060167, 24 hour low: 3531.751, 24 hour high: 4371.772, 24 hour vwap: 4236.634
mod6: did i just see that right?
gribble: BTCUSD ticker | Best bid: 44.60001, Best ask: 44.94191, Bid-ask spread: 0.34190, Last trade: 44.51434, 24 hour volume: 105828.92739695, 24 hour low: 38.48373, 24 hour high: 45.98000, 24 hour vwap: 41.05239
gribble: There are currently 573.51808 bitcoins offered at or under 46.0 USD, worth 26378.2569228 USD in total. | Data vintage: 69.3444 seconds
Chaang-Noi: it looks to me like mt gox is bidding this shit up...
mod6: just only 573 to 46 USD
assbot: [HAVELOCK] [SDICE] 1 @ 0.50000001 BTC [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.5 = 10 BTC [-]
[\\\]: You know, I'm surprised people don't bring that up more
[\\\]: mtgox has a vested interest in having the price of bitcoin go up
[\\\]: since they charge half their fees in btc
assbot: [BTCTC] [B.YABMC] 1 @ 0.00667 BTC [+]
assbot: [BTCTC] [B.YABMC] 54 @ 0.00666 = 0.3596 BTC [-]
assbot: [BTCTC] [B.YABMC] 19 @ 0.0066 = 0.1254 BTC [-]
Chaang-Noi: went from 12 to 45, now the public is buying... i dont give a fuck if it is gox or not, but i bet it is partly them...
Chaang-Noi: you know the gox people are old timers who have a shit load of btc... lose some fiat, make massive gain in btc...
Chaang-Noi: i do that in ltc at time... pump and dump
mircea_popescu: the thing with btc is that it's useful worth 1 unit at a market cap < 1bn, and worth significantly more than 10 units at a market cap > 10bn
[\\\]: kakobrekla, what do you mean?
kakobrekla: [\\\] you can set it so fees are taken from fiat side only
[\\\]: yeah, but you still pay the same amount
[\\\]: they just take the equivalent amount in USD
[\\\]: it is still the same fee
kakobrekla: so it doesnt matter if btc goes up for them
[\\\]: taking a fee of .5% of a $30 btc vs a $5 btc
Chaang-Noi: if i have 1,000,000 btc and it costs me 1,000,000 fiat to move the price from $15 to $30 then i spend 1 million to get 15 million...
[\\\]: that isn't a yeah but
[\\\]: you're making my point
[\\\]: regardless of how you express it, they're getting more USD
[\\\]: they're still moving the same amount of btc, why should the fee go up? ;)
Chaang-Noi: <amphipod> Mar06 07:21:21 mtgox x62 414.2822 @ 45.90051627 USD
Chaang-Noi: <amphipod> Mar06 07:21:21 mtgox x66 532.4452 @ 4,387.21444939 JPY
assbot: [BTCTC] [S.DICE-PT] 8 @ 0.00568 = 0.0454 BTC [-]
gribble: BTCUSD ticker | Best bid: 45.44733, Best ask: 45.68716, Bid-ask spread: 0.23983, Last trade: 45.44733, 24 hour volume: 106156.27636265, 24 hour low: 38.48373, 24 hour high: 46.40000, 24 hour vwap: 41.11371
gribble: 1 BTC = 45.68716 U.S. dollars = 34.8251848 Euros
gribble: BTCUSD ticker | Best bid: 45.67000, Best ask: 45.98000, Bid-ask spread: 0.31000, Last trade: 45.98000, 24 hour volume: 106101.67272176, 24 hour low: 38.48373, 24 hour high: 46.40000, 24 hour vwap: 41.12159
gribble: BTCUSD ticker | Best bid: 45.67000, Best ask: 45.98000, Bid-ask spread: 0.31000, Last trade: 45.98000, 24 hour volume: 106146.37381511, 24 hour low: 38.48373, 24 hour high: 46.40000, 24 hour vwap: 41.12535
Chaang-Noi: yeah i hear ya... girls dont like giving bjs when you look at charts...
Chaang-Noi: theymos has some tricky shit dealing with glbse and scammer tags
Chaang-Noi: he has to be careful or he will need to give him self a few lol
mircea_popescu: girls don't mind, that's what slavery was invented for.
assbot: [MPEX] [S.DICE] 1 @ 0.004 BTC [-]
assbot: [MPEX] [S.DICE] 99 @ 0.0035 = 0.3465 BTC [-]
gribble: There are currently 11272.36 bitcoins offered at or under 50.0 USD, worth 542707.482662 USD in total. | Data vintage: 0.0017 seconds
Chaang-Noi: at this rate we will be at $50 this time tomorrow
Chaang-Noi: oh shit, just found 5000 ltc i forgot about
gribble: BTCUSD ticker | Best bid: 46.00100, Best ask: 46.41402, Bid-ask spread: 0.41302, Last trade: 46.00000, 24 hour volume: 107455.02852074, 24 hour low: 38.48373, 24 hour high: 46.49000, 24 hour vwap: 41.24338
Namworld: So that's a $1000 you just found
Chaang-Noi: i knew where it was, but i forgot it had coin in it
assbot: [BTCTC] [GSDPT] 10 @ 0.005401 = 0.054 BTC [-]
assbot: [BTCTC] [GSDPT] 3 @ 0.0054 = 0.0162 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.00502 = 0.1255 BTC [-]
assbot: [BTCTC] [GSDPT] 100 @ 0.0053 = 0.53 BTC [-]
assbot: [BTCTC] [GSDPT] 92 @ 0.005 = 0.46 BTC [-]
Chaang-Noi: dice trades for .0035 on exchange pt is .0054? lol
assbot: [BTCTC] [ASICMINER-PT] 84 @ 0.65 = 54.6 BTC [-]
Chaang-Noi: <amphipod> Mar06 07:48:37 bitfloor 6.3606 @ 48.49 USD
assbot: [HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.44 = 2.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.43 = 2.15 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.425 = 0.85 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.42 = 2.1 BTC [-]
Namworld: S.DICE on the other hand is going down the drain
assbot: [HAVELOCK] [KCIM] 2 @ 0.955 = 1.91 BTC [-]
Chaang-Noi: never thought it would last, shocked it did as well as it has
assbot: [HAVELOCK] [SDICE] 5 @ 0.41 = 2.05 BTC [-]
gribble: BTCUSD ticker | Best bid: 46.20199, Best ask: 46.83966, Bid-ask spread: 0.63767, Last trade: 46.90000, 24 hour volume: 108408.53715162, 24 hour low: 38.48373, 24 hour high: 46.93000, 24 hour vwap: 41.38489
assbot: [HAVELOCK] [SDICE] 10 @ 0.4 = 4 BTC [-]
Chaang-Noi: yeah... its smart to buy up all the calls, then dump 10 million on gox....
Chaang-Noi: get tones of shit, sell back 10 million btc, at the much higher price, and do it again
coingenuity: Chaang-Noi: i explained that it's the insurance company's choice to insure any parcel...
Chaang-Noi: man he never got his silver, you never gave it to him, end of stopry
Chaang-Noi: you need to post in the thread if he got the silver man...
coingenuity: he was given his silver, his country's goverment stole it, i was going to replace it until he wrote a script to annoy me
coingenuity: anyway, i can't talk with you, i'm eating dinner
Chaang-Noi: your going to get killed in that thread man, just man up and pay it back
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.18460872 = 184.6087 BTC [+]
Namworld: Doesn't coinabul specify the user must research import laws for his country himself? If the silver/gold is seized at the customs, no coinabul's problem.
Chaang-Noi: customs clearly will claim there was no silver... (as they stole it) its not like shipping to Austriala is illegal
coingenuity: Namworld: aside from insuring, and paying premiums on said insurance, for all parcels who's owners request it, we cannot do anything to change the minds of insurance companies nor governments...
Chaang-Noi: you need to say on your website insured shipping does not imp[ly the shipping is insured and delivery is not guarranteed
gribble: There are currently 3915.0774 bitcoins offered at or under 47.0 USD, worth 183856.80088 USD in total. | Data vintage: 0.0031 seconds
coingenuity: Chaang-Noi: i'm going to ignore your instigation, insured shipping is insured
coingenuity: i have more important work to do than bicker about nothing with you
coingenuity: Chaang-Noi: come back to me when you've contributed anything more than trolling to the bitcoin community as a whole...
Chaang-Noi: oh slam, a scammer called me a troll, buuuurn :)
coingenuity: Chaang-Noi: i'm almost certain you've 1. ordered gold from me 2. had that gold delivered to you successfully
Chaang-Noi: i felt cheated i needed it right away,
Chaang-Noi: you did not steal from me, but id never use you again...
Chaang-Noi: however i need that gold to sell for fiat and you fucked me over by taking forever
Chaang-Noi: and i lost a lot of value while waiting
Chaang-Noi: dont have have me on ignore? im going afk anyway
Chaang-Noi: that small wall at 47 should slow us down a bit
gribble: There are currently 2982.5833 bitcoins offered at or under 47.0 USD, worth 140147.42823 USD in total. | Data vintage: 0.0011 seconds
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.18488932 = 184.8893 BTC [+]
gribble: There are currently 3728.5372 bitcoins offered at or under 47.0 USD, worth 175132.256038 USD in total. | Data vintage: 0.0012 seconds
assbot: [BTCTC] [B.YABMC] 5 @ 0.0066 = 0.033 BTC [-]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.18548653 = 185.4865 BTC [+]
assbot: [BTCTC] [COGNITIVE] 4 @ 0.27 = 1.08 BTC [-]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.18619661 = 186.1966 BTC [+]
gribble: BTCUSD ticker | Best bid: 46.06200, Best ask: 46.10000, Bid-ask spread: 0.03800, Last trade: 46.10000, 24 hour volume: 109292.22019850, 24 hour low: 38.48373, 24 hour high: 46.93000, 24 hour vwap: 41.61645
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08490939 / 47.44997453 / 50.14846327 (no shares, 13,996.17 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: Time since last block: 9 minutes and 32 seconds
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.18991695 = 189.917 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.190908 = 190.908 BTC [+]
kakobrekla: other people will buy the coins and put it back in
ZedsterX: has $45 really come and gone today
ZedsterX: only 42 on BTC-e just hard to get USD there
ZedsterX: hard to get them there fast at least
dub: its retarded, pretty much random whether your order hits
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00548 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 191 @ 0.00548 = 1.0467 BTC [+]
dub: market buy around 43.9 buys at 44.50
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.63494 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.42 = 0.84 BTC [+]
gribble: BTCUSD ticker | Best bid: 46.14403, Best ask: 46.47898, Bid-ask spread: 0.33495, Last trade: 46.14403, 24 hour volume: 105262.95331360, 24 hour low: 39.00000, 24 hour high: 46.93000, 24 hour vwap: 42.31133
leotreasure: must be a recent thing it was working not too long ago
assbot: [BTCTC] [ASICMINER-PT] 50 @ 0.65 = 32.5 BTC [-]
assbot: [BTCTC] [BTC-BOND] 25 @ 0.00999 = 0.2498 BTC [+]
Bowjob: guys I won the bet.. LTC will reach 20cents
Bowjob: I feel like I deserved a bit more coins
jurov: yep, none is working
jurov: like someone cooked their router again
assbot: [HAVELOCK] [HIM] 1 @ 1.6498 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.42 = 1.26 BTC [+]
assbot: [HAVELOCK] [SDICE] 17 @ 0.4 = 6.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4 = 0.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4 BTC [-]
Bowjob: I got out just in time
assbot: [MPEX] [S.MPOE] 7200 @ 0.00073198 = 5.2703 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.38 = 1.14 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.38 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.38 = 1.52 BTC [-]
jurov: interesting... mpex offline but it does report trades
jurov: at least mpex.coinbr.com works now
assbot: [BTCTC] [S.DICE-PT] 84 @ 0.00549 = 0.4612 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.5 = 1 BTC [+]
Bowjob: I'll be a bro and give some of my friends an opportunity to buy BTC
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00549 = 0.0824 BTC [+]
kakobrekla: #Megacard: I would love to create a #Bitcoin credit card! Who can help us make it happen? Email: twitter@kim.com
Bowjob: that ianbakewell is gonna get slaughtered
Bowjob: ian borrowed 600 BTC when they were 34 dollars each
Namworld: nah, I'll grab some S.DICE or stuff like that for my passthroughs while it's cheap.
assbot: Quest for vision is a great blessing.
assbot: Quest for vision is a great blessing.
fydel1: yeah..that's a good question
jurov: i don't know. at least the backend works
maximian: probably a DoS attack, happened a few weeks ago
Namworld: backend works... I guess the web interface is being updated
jurov: and it works fine now (but it was not for a while, too)
mjr_: whats up with mpex?
jurov: cuz we access alternate mpex ip
jurov: but that can change anytime
mjr_: this is just crazy right now
mjr_: i bought the 41 calls as a long shot
kakobrekla: apparently you shot accuratley on long distances
jurov: coinbr user support is becoming fun. got another email "i bought C37Ts, now i'm selling and nobody wants them, help!"
jurov: explained to him how to click Exercise link right on dashboard...
jurov: but looks like thay sold in meantime anyway
jurov: whale gobbled everything
jurov: looks like we need to create MPOE Emergency Relief fund
jurov: or MP can start selling extraordinary mpoe bonds
mjr_: troubled asset relief?
mjr_: why would he sell or exercise now? there is like 21 days left...
jurov: he did not explain.. seems he didn't know what he's doing
jurov: Oo bitstamp is at 48? time to sell a bit
assbot: [HAVELOCK] [SDICE] 6 @ 0.51 = 3.06 BTC [+]
kakobrekla: i asked that question a week or so ago
jurov: Rule 1. We do not know what is paypal
jurov: Rule 2. Even if we know, we never speak about it.
kakobrekla: shit, might add that to the bitcoin-assets.com
gribble: There are currently 5140.5779 bitcoins offered at or under 47.0 USD, worth 240829.255427 USD in total. | Data vintage: 0.0015 seconds
gribble: Error: "bids-35" is not a valid command.
jurov: bitcoin-central at 38.5 , bitstamp at 47, lol
jurov: must do something about
gribble: BTCUSD ticker | Best bid: 45.42009, Best ask: 45.42019, Bid-ask spread: 0.00010, Last trade: 45.42021, 24 hour volume: 99525.39008012, 24 hour low: 39.00000, 24 hour high: 46.93000, 24 hour vwap: 42.60348
jurov: ooooh the btccentral price is in eur.. even moar intriguing
Bowjob: see you at single digits
gribble: Error: "bc,convert,eur" is not a valid command.
gribble: 1 BTC = 45.39100 U.S. dollars = 34.761066 Euros
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34499 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 40 @ 0.00549 = 0.2196 BTC [+]
Bugpowder: Alt link for mpex? Getting ddosed?
jurov: Bugpowder, mpex.coinbr.com
Bowjob: ive seen it coming, really
Bowjob: the dice is just worth as the month's volume
Bowjob: well, I got out of the dice just in time lolz
Bowjob: someone gave away over 300 BTC last night
assbot: [HAVELOCK] [SDICE] 2 @ 0.42 = 0.84 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4 = 0.8 BTC [-]
Bowjob: you were like.. dice is safe now, get back in
Bowjob: the overall profit doesnt really matter to a new shareholder
Bowjob: its that month that matters
assbot: [HAVELOCK] [SDICE] 7 @ 0.38 = 2.66 BTC [-]
assbot: [MPEX] [O.BTCUSD.C450T] 375 @ 0.19683239 = 73.8121 BTC [+]
Bowjob: ian was right to short dice it seems
Bowjob: shorting is such a ballsy move it scares me
jurov: kakobrekla and now what should i think about that?
Bowjob: I was posting this link last night anyone got their bitcoins
jurov: judging from long-standing fee bugs i hear about, it may be as well true
jurov: or they fear to fix it cuz they have no unit tests
assbot: [MPEX] [S.MPOE] 1950 @ 0.00073247 = 1.4283 BTC [+]
assbot: [MPEX] [S.MPOE] 11303 @ 0.00074548 = 8.4262 BTC [+]
gribble: There are currently 4711.5328 bitcoins offered at or under 47.0 USD, worth 220954.276368 USD in total. | Data vintage: 115.7926 seconds
jurov: sigh. i have updated the coinbr engine to use mpex track code, all fine and dandy
kakobrekla: the problem is most of bitcoins users are idiots as well
jurov: but now the unit tests must be fixed. and that's much bigger task
jurov: and new ones added for the "track used/track not used" cases
jurov: dis wrong. bitcoin is always mean.
assbot: [MPEX] [S.MPOE] 16243 @ 0.00073204 = 11.8905 BTC [-]
assbot: [MPEX] [S.MPOE] 1144 @ 0.00073198 = 0.8374 BTC [-]
assbot: [MPEX] [S.MPOE] 5063 @ 0.0007313 = 3.7026 BTC [-]
Bowjob: actually were in the take off phase
gribble: BTCUSD ticker | Best bid: 46.20000, Best ask: 46.48800, Bid-ask spread: 0.28800, Last trade: 46.20000, 24 hour volume: 99179.19073160, 24 hour low: 39.00000, 24 hour high: 46.93000, 24 hour vwap: 42.70440
assbot: Quest for vision is a great blessing.
assbot: The round stones beneath the earth... have spoken through the fire.
assbot: Some are born to endless night.
jurov: i guess assbot fails to access the website
jurov: although it reports trades fine, dunno
assbot: Nope, some are just born to endless night.
gribble: BTCUSD ticker | Best bid: 46.23825, Best ask: 46.33559, Bid-ask spread: 0.09734, Last trade: 46.23824, 24 hour volume: 99397.65043641, 24 hour low: 39.00000, 24 hour high: 46.93000, 24 hour vwap: 42.72776
Bowjob: what do you know. i get richer just by fapping
jurov: url of webcam or didnt happen
jurov: unittests hacking brings nostalgia "Your order to BUY 1 O.BTCUSD.C110T @0.20000000BTC each has been received and will be processed."
jurov: going even deeper "Your order to BUY 2 O.BTCUSD.P040T @0.00014536BTC each has been received" now they don't exist lol
assbot: [HAVELOCK] [SDICE] 3 @ 0.38 = 1.14 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.37 = 0.74 BTC [-]
assbot: [MPEX] [S.MPOE] 8891 @ 0.0007313 = 6.502 BTC [-]
assbot: [MPEX] [S.MPOE] 5356 @ 0.0007313 = 3.9168 BTC [-]
assbot: [MPEX] [S.DICE] 300 @ 0.00414309 = 1.2429 BTC [+]
jurov: gesell yes, use mpex.coinbr.com
gesell: what happened to the vps that used to be on mpex?
gesell: thought bitvps was there
jurov: yup. went yest to timisoara and bought mpex, for a few lines of blow
TomServo: PsychoticBoy: Never hacked I think... he reported a DDOS outage a while back I believe.
assbot: [MPEX] [S.MPOE] 989 @ 0.0007313 = 0.7233 BTC [-]
assbot: [MPEX] [S.MPOE] 3700 @ 0.00072769 = 2.6925 BTC [-]
assbot: [MPEX] [S.MPOE] 985 @ 0.00072612 = 0.7152 BTC [-]
assbot: [MPEX] [S.MPOE] 7650 @ 0.00072378 = 5.5369 BTC [-]
assbot: [MPEX] [S.MPOE] 9050 @ 0.00071218 = 6.4452 BTC [-]
assbot: [MPEX] [S.MPOE] 1550 @ 0.00071077 = 1.1017 BTC [-]
jurov: gesell, you actually believe it? btw, i have picked up few nifty asic rigs en route in budapetst
gesell: btw, just posted this on redit but... pretty ascii graphs with: curl -s "
http://bitcoincharts.com/t/trades.csv?symbol=mtgoxEUR&start=`date -v-1H +%s`" | gnuplot -e 'set datafile separator ","; set xdata time; set timefmt "%s"; unset key; set format x "%H%M"; set parametric; set y2tics; set tics nomirror out; set y2tics format "%.2f"; unset mxtics; set border 9; unset my2tics; unset ytics; set xtics scale 0; set term dumb; plot "-" using
jurov: bah... i'm owning btc now, u think i'll just send someone somethig?
gesell: jurov: sorry yeah i havent been in this room in a while so getting used to the troll factor again ;)
assbot: [MPEX] [O.BTCUSD.P730T] 1 @ 0.90910719 BTC
assbot: Yeah. No damn tobacco, that's for sure.
BitHub: is there an official asicminer room here?
jurov: we have anything "official" in bitcoinland?
kakobrekla: this is officially official bitcoin chan
BitHub: hehe yeah this room is better
jurov: official with Slightly Smoky Dragon and Double Cherry Truck insignia
pigeons: i can't get the only service that has never been hacked to come up
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
maximian: the front end
http server is down, not the MPEX backend
ZedsterX: i told him to put yet on the end of his never been hacked sentence
Chaang-Noi: cuz testpaymesnt, oh i cant wait, muhahahah biiig money
assbot: [HAVELOCK] [SDICE] 7 @ 0.381 = 2.667 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.3801 = 3.801 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.38 = 1.14 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.38 = 1.52 BTC [-]
error4733: hello, maybe the question was asked 10.000time but MPEX down ? :/
ZedsterX: topic should be changed here maybe
assbot: [MPEX] [S.MPOE] 14300 @ 0.00070613 = 10.0977 BTC [-]
error4733: it'a clone where you scam my gpg order ?
ZedsterX: nah the front of the server is down
ZedsterX: MP spreads way too luv for that
error4733: haha thanks for this morning joke, need it
BitHub: think the cia kidnapped mircea again
jurov: then prolly the domain would be seized
assbot: [HAVELOCK] [SDICE] 2 @ 0.46899999 = 0.938 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.469 = 2.345 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.46999999 = 0.94 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.47 = 4.7 BTC [+]
BitHub: i think i'm getting the same amount of jah mining divs than i would at asicminer shares at 0.65 hah
thestringpuller: lol mircea_popescu got on bitinstants case but mpex is down
BitHub: anyone else finding that?
smickles: thestringpuller: i owe you some monies :)
assbot: [MPEX] [S.MPOE] 3300 @ 0.00070613 = 2.3302 BTC [-]
thestringpuller: smickles returns, does he return with news of a second born?
gribble: BTCUSD ticker | Best bid: 46.77107, Best ask: 46.78122, Bid-ask spread: 0.01015, Last trade: 46.77107, 24 hour volume: 94579.93372571, 24 hour low: 39.00000, 24 hour high: 46.93000, 24 hour vwap: 43.05662
Bugpowdrr: he took it down cause he don't wanna sell anymore calls.
jurov: Chaang-Noi yes and no
assbot: [MPEX] [S.MPOE] 4500 @ 0.00069034 = 3.1065 BTC [-]
jurov: but the backend is working ( and proxied by mpex.coinbr.com ).. don't know why they can't move the domain elsewhere
jurov: or make any statement
assbot: [HAVELOCK:SDICE] 1D: 0.37000000 / 0.49368267 / 0.59000000 (622 shares, 307.07061895 BTC), 7D: 0.37000000 / 0.58757632 / 0.68950000 (1682 shares, 988.30336796 BTC), 30D: 0.37000000 / 0.6373535 / 0.76500000 (10868 shares, 6926.75789072 BTC)
maximian: thanks for your proxy service jurov :)
assbot: [HAVELOCK] [SDICE] 10 @ 0.401 = 4.01 BTC [-]
smickles: < thestringpuller> smickles returns, does he return with news of a second born? shouldn't be until mid-may
assbot: [HAVELOCK] [SDICE] 3 @ 0.4 = 1.2 BTC [-]
smickles: heh, i have excellent log-reading skills
gribble: BTCUSD ticker | Best bid: 46.94000, Best ask: 47.00000, Bid-ask spread: 0.06000, Last trade: 47.00000, 24 hour volume: 97426.47255291, 24 hour low: 39.00000, 24 hour high: 47.00000, 24 hour vwap: 43.18923
assbot: I haven't understood a single word you've said since I met you, not one single word.
jurov: smickles, I take it as you reading 3 weeks of this chan logs?
assbot: You know, I've had it up to here with this Indian malarkey.
jurov: !ticker mpex s.dice
assbot: You know, I've had it up to here with this Indian malarkey.
jurov: assbot got some malarkey
gribble: BTCUSD ticker | Best bid: 47.01700, Best ask: 47.30807, Bid-ask spread: 0.29107, Last trade: 47.01700, 24 hour volume: 98301.12712212, 24 hour low: 39.00000, 24 hour high: 47.50000, 24 hour vwap: 43.22614
assbot: I prepared your canoe with cedar boughs.
error4733: 50$ today, i put some champagne in the fridge
unbalanced: Where I can read logs of this channel so I ask 8% fewer stupid questions?
Bowjob: heresy! off with your head!
assbot: [MPEX] [S.DICE] 1000 @ 0.00414309 = 4.1431 BTC [+]
jurov: unbalanced, they aren't public afaik
smickles: unbalanced: you might have to log it yourself
Bugpowdrr: there is going to be a major pullback
Bowjob: lemme guess. you bought puts?
Bowjob: there will be a major pullback..
jurov: ThickAsThieves: complete? not just some pastebin?
assbot: [MPEX] [O.BTCUSD.P310T] 100 @ 0.06498108 = 6.4981 BTC [-]
gribble: BTCUSD ticker | Best bid: 47.50001, Best ask: 47.58770, Bid-ask spread: 0.08769, Last trade: 47.49990, 24 hour volume: 98269.41406670, 24 hour low: 39.00000, 24 hour high: 47.58770, 24 hour vwap: 43.23820
Bowjob: amazon partnered up with bitinstant
assbot: [HAVELOCK:SDICE] 1D: 0.37000000 / 0.4917805 / 0.59000000 (635 shares, 312.28061895 BTC), 7D: 0.37000000 / 0.58614358 / 0.68950000 (1695 shares, 993.51336796 BTC), 30D: 0.37000000 / 0.63707085 / 0.76500000 (10881 shares, 6931.96789072 BTC)
Chaang-Noi: not shocked, i got 13k out of them at 35$
Bowjob: it was bitinstant actually
Bowjob: .. and i kinda feel bad for dice owners
jurov: meh.. tomorrow it may change
maximian: don't worry about us - a bounce back is coming
blu3gr1ffon: just can I get them out before SEC finds a way to prosecute. :P
Bowjob: mhm.. it looks like an opportunity to arb s.dice at havelock
Bowjob: buy at 0.37, sell at 0,.46
jurov: then i'll hide evoorhees in my apt.. and won't be alone i guess
Bugpowdrr: The last bubble top was a $13 rise in one day
Bowjob: you should sell the btcs now if they are gonna crash
Bowjob: its very hard to predict the top
Bowjob: I tried to give away 1 BTC to a gaming website
m0mchil: howdy... what's up with MPEX right now, DDoS or what?
Bugpowdrr: we are now up over $10 in the last 24 hours.
Bugpowdrr: I'm trying to say that I'm am selling 25%
Bowjob: charities will accept more BTC.. there was a campaign last night about BTC
Bowjob: about $12000 was given away in BTC
Bowjob: to various charities, from $20-100 dollars ea
smickles: Bugpowdrr: so that was you buying puts at 31?
Bowjob: mpex seems down from here.
Bowjob: does ddos count as a hack?
smickles: and it's not down, all the proxies are working
kakobrekla: does a nuke count as a slap on the wrist
smickles: so it's really just the one url which is down
gribble: BTCUSD ticker | Best bid: 47.51677, Best ask: 47.58770, Bid-ask spread: 0.07093, Last trade: 47.58770, 24 hour volume: 98083.19810957, 24 hour low: 39.00000, 24 hour high: 47.75000, 24 hour vwap: 43.26076
imsaguy: seriously, one more person asking if mpex is down
chmod755: mpex has been hacked. hackers are dumping soon
imsaguy: I swear its a bunch of 12 y/o lemmings in bitcoin
ZedsterX: someone change the subject onthe channel
assbot: [MPEX] [S.DICE] 2000 @ 0.00414309 = 8.2862 BTC [+]
smickles: /topic mpex down, bitcoin to crash
BitHub: mircea has been kidnapped
imsaguy: this is #bitcoin-assets, not ##mpex
smickles: chmod755: i have an interested buyer, but they want the usd first
jcpham: imsaguy are you buying all these coins
imsaguy: pigeons: did you find the i in team?
Bugpowdrr: imsaguy: My wife's girlfriends are buying no
jcpham: yes it is hidden in ther A hole!
imsaguy: Bugpowdrr: sounds for a kinky night
gribble: 1 BTC = 47.88000 U.S. dollars = 36.7375125 Euros
gribble: There are currently 464.05826 bitcoins offered at or under 48.0 USD, worth 22255.6760062 USD in total. | Data vintage: 0.0014 seconds
gribble: There are currently 9879.8201 bitcoins offered at or under 50.0 USD, worth 489143.829799 USD in total. | Data vintage: 0.0038 seconds
Chaang-Noi: i kinda think we need a correction, then i read more news and im wow... so i dont know
Bowjob: yes this is the correction
Chaang-Noi: before i thought we might correct to 20, now im pretty sure we wont go much under 30 if we get tht far down... :/
gribble: BTCUSD ticker | Best bid: 48.00000, Best ask: 48.34801, Bid-ask spread: 0.34801, Last trade: 48.34801, 24 hour volume: 99201.77387837, 24 hour low: 39.00000, 24 hour high: 48.50000, 24 hour vwap: 43.35730
Bugpowdrr: I don't want to go over the FACTA limit :-P
ThickAsThieves: no correction needed yet if we're on our way to 150 or such
Bowjob: Mentlegen, we are the new wealty elite
Bowjob: We need to focus on the bigger picture. Hookers and blow are gonna be so cheap for us.. real estate, ect
Bowjob: How about we think of a way to help the world
ThickAsThieves: we can help the world by telling them to buy more coins
Bowjob: it be hilarious if a small country's GDP would be like 10 BTC
assbot: [MPEX] [S.DICE] 389 @ 0.00414309 = 1.6117 BTC [+]
blu3gr1ffon: .001BTC is apparently not enough off TXN fee anymore, is it?
assbot: [BTCTC] [S.DICE-PT] 200 @ 0.005025 = 1.005 BTC [-]
Bowjob: how can btc gain global traction if the blocksize limit is so small
Bugpowdrr: but this is CLASSIC parabolic blow off top
unbalanced: EskimoBob: doesn't s.dice pay a lot to miners through fees?
Bowjob: sell 100% of your coins
Bugpowdrr: I'm putting my money where my mouth is here
Bugpowdrr: I will be VERY HAPPY if its $65 next week
Bugpowdrr: Puts prices are being set at 43.57 right now!
Bowjob: if I sleep.. ill wake up to $50
Bugpowdrr: calls make sense if you think it will stay here for more than 24 hours
gribble: 1 BTC = 48.49800 U.S. dollars = 37.2116934 Euros
unbalanced: EskimoBob: Ah so the fee rate won't adjust somehow and if someone wants to buy a coffee with BTC the fees will be bigger than the coffee?
unbalanced: Just trying to grok all this, my head is spinning.
imsaguy: ACtually, the way things are trigger, it costs more in fees to buy a coffee than it does to buy a house
imsaguy: small tx amounts require larger fees
imsaguy: your $5 coffee will cost more in fees than a $50k car
Bowjob: someone crash LTC please, I wanna buy in
Bugpowdrr: unless there is another frontend on it
jurov: Chaang-Noi: did LTC resolve the blocksize/fees problem intelligently? if not, stfu
Chaang-Noi: jurov they can do a significant more than btc yeah
unbalanced: Anyone have theories as to why this runup is so fast then? Is it driven by MPEX futures, or trader manipulation, or is this how the Fed kills BTC: it just buys them all?
jcpham: i'm willing to sell one bitcoin today for 50 bucks
jurov: plus, ltc is still at 0.6, thrashing the hdd like hell
Chaang-Noi: i think the coinlab stuff, the amazon bitpay stuff, anme cheap, mega.. everything....
pigeons: what is "the amazon bitpay stuff"?
unbalanced: doctor_pullfinge: hence someone's reference to 12yo's investing above?
Chaang-Noi: coinlabs making it so walls treat people can pour in 1 billion or whatever of other peoples money to "invest"
BitHub: how much is expected from ASICMINER per share this div?
pigeons: will people outside of us still have access to the coinlab usd market?
Chaang-Noi: pigeons i dont know.. but we need more than mt gox/coin lab anyway, let wall street have that, we can do our own...
pigeons: i lived there no one else uses bitcoin there
smickles: EskimoBob: it's a little less centrally controlled than usd tho
Chaang-Noi: eskimoob i heard your mugs are cool, can i see a photo?
imsaguy: a handful of people make the rules that the rest of the network blindly follows
smickles: yeah, clients have to approve a change too
imsaguy: most people run unmodified clients
smickles: i mean, i can't really oppose changes to the USD
jcpham: someone at the fortmill times is a nerd
smickles: but I can participate in a hard fork if things go sour
Chaang-Noi: that is pretty big ass news.. how did they only have it?
jcpham: specificalyy an estate accountant
Chaang-Noi: eskimobob link to photos of your mugs? still ahve more to sell?
jcpham: i have a 24k check i want to keep
jcpham: and not deposit in abank
jcpham: how do i keep it for myself
jcpham: and not pay any to the government
smickles: jcpham: sounds like you want a lawyer first
jcpham: the check is made out to my dead grandmother's estate
smickles: as an accountant in 'merica, i can't give legal advice
jcpham: you can't help me launder it?
jcpham: that was both rhetorical and a joke
imsaguy: jcpham: who's the executor?
smickles: jcpham: if you are trying to launder money, why not endorse the check to someone for bitcoins
Chaang-Noi: BitPay's integration with Amazon currently works with WordPress.com, the world's most popular web publishing software, and WooCommerce, a comprehensive eCommerce platform for WordPress.
smickles: send the coins through some mixers, and then buy wooden Austin,TX farmers market coins with the bitcoins
jcpham: channel full of criminals
Chaang-Noi: asicminer pay out already, i need sleep:)
unbalanced: EskimoBob: re: mpex has nothing to do with this, I didn't mean mpex's site issue today, I just meant does trading futures/options on mpex lead to more (less?) volatility in BTC?
imsaguy: asicminer doesn't pay until Thursday
imsaguy: Wednesday is 24 hours long
Chaang-Noi: he never said he was going to change it... derp
Ukto: there was a test payment earlier
imsaguy: not everyone is awake on your timezone
Ukto: its 9:42 in the us tho
Ukto: 14ish hours until its fully gone
Bugpowdrr: So were to set the bids for the crash?
imsaguy: and now the thread has 300 people all saying they got 1 satoshi/share
assbot: [HAVELOCK] [SDICE] 1 @ 0.44 BTC [+]
Chaang-Noi: if friedcat wants to pay on thursdays thats cool, but he should tell us:)
imsaguy: and you're right, the last payment was 4 hours ago last week
imsaguy: but considering not all the test payments have confirmed yet
imsaguy: I doubt he'll send the full amount
Chaang-Noi: he cant wait, somepeople wont ever confirm
imsaguy: confirmed by the blockchain twit
imsaguy: not by some lemming on the forum
Chaang-Noi: he waited some time, he did not wait for 100% of people to confirm
smickles: < imsaguy> Wednesday is 24 hours long << or 28, depending on how you count timezones
imsaguy: I didn't say he waited for people to confirm
imsaguy: I said he waited for the blockchain to confirm
gribble: There are currently 420.09147 bitcoins offered at or under 49.0 USD, worth 20573.7459579 USD in total. | Data vintage: 93.0439 seconds
gribble: BTCUSD ticker | Best bid: 48.90000, Best ask: 48.99000, Bid-ask spread: 0.09000, Last trade: 48.90000, 24 hour volume: 98725.47056383, 24 hour low: 39.00000, 24 hour high: 49.00000, 24 hour vwap: 43.52904
gribble: There are currently 8385.6763 bitcoins offered at or under 50.0 USD, worth 416077.619858 USD in total. | Data vintage: 71.0702 seconds
smickles: doctor_pullfinge: weren't you here for that discussion?
doctor_pullfinge: I was not - not looking for a book, just has mp acknowledged anything
smickles: it's either that mircea's sex dungeon prisoners finally revolted, or use mpex.coinbr.com while mpex.co is down
smickles: mpex.coinbr.com is one of many proxies to the mpex backend, and since all you send is encrypted, it doesn't matter that you are sending info thru a third party
Chaang-Noi: Most Online Today: 1541. Most Online Ever: 3809 we have a long way to go :)
doctor_pullfinge: so, mp is sleeping. I'm not looking to make a trade, just worried about another pirate40 situation.
blu3gr1ffon: you should be, now'd be a good time to disappear.
doctor_pullfinge: is coiner able to send trades through to the backend? I have a seat on the back end and STAT don't works
smickles: blu3gr1ffon: thing is, as long as the traders keep s.mpoe worth more than he would get by running with the money, he has a financial interest to stay
gribble: There are currently 6264.6484 bitcoins offered at or under 49.999 USD, worth 310249.908414 USD in total. | Data vintage: 72.1208 seconds
BitHub: did anyone see his post recently about thinking of retirement?
smickles: doctor_pullfinge: my stats are working tru mpex.coinbr.com
doctor_pullfinge: smickles - thanks - I feel better. Back to worrying about why s.dice is tanking.
smickles: and what do you mean 'a seat on the backend', if you have a connection to the backend which isn't a proxy, why are you worried about the other proxies?
BitHub: people sick of s.dice?
doctor_pullfinge: I paid the 30 btc for a seat directly on mpex. coin.br is a passthrough, so may be cacheing the info.
Ukto: i bought my sdice at or below 0.0044
smickles: doctor_pullfinge: i think you are a little confused here
Ukto: so im not that worried about it yet
doctor_pullfinge: I think the div was bigger in terms of USD, but mainly I think people spend x% of their USD based paycheck on s.dice. So, BTC dividend amount goes down
smickles: coinbr is a broker (passthru, whatever) mpex.coinbr.com is a proxy to the backend system which is mpex
Ukto: besides, JAH is a better deal atm. daily divs at 10% or something, plus compounded earnings from reinvestment
BitHub: yeah the jah shares are crazy Ukto
smickles: you can send a STATJSON or whatever you want through that proxy
BitHub: seems to be better than ASICMINER atm
Ukto: i think by 30 days of jah its like a 15%+ monthly profit
BitHub: yeah he got asicminer shares
Ukto: well worth over the .3
ThickAsThieves: random off-topic idea, skype and facebook should show squiggly underlines on mispelled words, could teach the masses so easily
BitHub: that's why div so good
smickles: ThickAsThieves: that's more of an OS issue, isn't it?
smickles: ThickAsThieves: I mean, nearly all text input fields on my compy do spelling correction
Ukto: btw, 6,345 asicminer shares confirmed by fridcat on G.ASICMINER-PT now
jurov: doctor_pullfinge, since pgp is used,coinbr has no way to tamper with your orders nor replies
Ukto: thats just the confirmed
jurov: and as for caching, make sure to check signature date so it's aways different
Ukto: not including alot more pending in transit
Ukto: you dont play it for fun
Ukto: you play it for odds
doctor_pullfinge: I just went to coinbr and don't see any "last update" information. So I still think that could just be the last time that mpex was up.
error4733: so it's good for a gambler to pay there
blu3gr1ffon: I'm sending larger txn fees in the future.
BitHub: i might sell off some dice and buy up some jah instead
smickles: EskimoBob: how long of a history?
blu3gr1ffon: what's a good fee these days for sub 10 minute 6 confirmations?
jurov: doctor_pullfinge, since mpex didn't issue any statement, we don't have anything for an update
smickles: EskimoBob: i don't think anyone who is recording that info has mad it public
jurov: coinbr just runs the proxy alongside our broker interface
gribble: BTCUSD ticker | Best bid: 48.71000, Best ask: 48.71350, Bid-ask spread: 0.00350, Last trade: 48.71000, 24 hour volume: 98576.32628072, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 43.71889
error4733: in fact is not hacked, you can make order
smickles: what mpex looks like to me currently
jurov: doctor_pullfinge i don't know anything about mp... except he does have irc client opened, that's a good sign perhaps
doctor_pullfinge: but that's a pass-through page that might be cached from last night.
doctor_pullfinge: I agree this is not freak out time. I'm trying to understand what this mpex.coinbr.com thing really is.
smickles: doctor_pullfinge: not the thing that I screenshotted
jurov: doctor_pullfinge, scroll back to last trade by assbot, compare to the site
Ukto: Bugpowdrr: wait another 5 min, see if it goes through
gribble: BTCUSD ticker | Best bid: 48.58643, Best ask: 48.70000, Bid-ask spread: 0.11357, Last trade: 48.90000, 24 hour volume: 97948.57311533, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 43.75867
smickles: doctor_pullfinge: it is pretty much a replication of mpex.co
jurov: doctor_pullfinge it's a proxy that we sewt up after last ddos
smickles: and there are other proxies too
gribble: BTCUSD ticker | Best bid: 48.58643, Best ask: 48.70000, Bid-ask spread: 0.11357, Last trade: 48.70000, 24 hour volume: 97945.57336925, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 43.75887
smickles: and "proxy" does not equal "passthrough"
assbot: I prepared your canoe with cedar boughs.
gribble: A market order to sell 10000 bitcoins right now would net 453945.1459 USD and would take the last price down to 43.3310 USD, resulting in an average price of 45.3945 USD/BTC. | Data vintage: 106.9176 seconds
gribble: A market order to sell 100000 bitcoins right now would net 2998627.3527 USD and would take the last price down to 16.0100 USD, resulting in an average price of 29.9863 USD/BTC. | Data vintage: 0.0098 seconds
gribble: A market order to sell 1000000 bitcoins right now would net 4312499.9219 USD and would take the last price down to 0.0100 USD, resulting in an average price of 4.3125 USD/BTC. | Data vintage: 23.1310 seconds
gribble: 1 BTC = 48.71000 U.S. dollars = 37.3743574 Euros
assbot: [HAVELOCK] [SDICE] 6 @ 0.45 = 2.7 BTC [+]
Ukto: cnn will drag in more bidders
smickles: why is this cyber currency trading at an all time high?
smickles: pleas tell me steve hargreaves
jurov: doing test buy order for 123 S.DICE...
assbot: [MPEX] [S.DICE] 123 @ 0.0045 = 0.5535 BTC [+]
jurov: so, all is working except mpex.co website
error4733: smiclkles, you have to finish your taxreturn ?
smickles: jurov: but will doctor_pullfingr believe that assbot gets data from a reliable source?
jurov: smickles, doctor_pullfingr should pull fingers out of his ass and try it himself
doctor_pullfingr: doctor_pullfingr just needs a timestamp not a big deal. I can see the site, but assbot only shows HAVELOCK trades.
jurov: doctor_pullfingr so you did a mpex trade like i just did and assbot did not show it?
jurov: it shows most recent trade in title
smickles: 16:14 <@assbot> [MPEX] [S.DICE] 123 @ 0.0045 = 0.5535 BTC [+]
smickles: which came shortly after "16:14 < jurov> doing test buy order for 123 S.DICE..."
doctor_pullfingr: sorry jurov - I see the assbot trade and the timestamp. I'll shut my mouth now and get to work. Fluorescent lighting awaits.
jcpham: "The U.S. dollar is an obvious Ponzi scheme," said Thomas, who thinks the U.S. government has too much debt to raise interest rates high enough to defend the dollar if there were ever a run on it. With Bitcoin, "you feel like you're in control of your money."
jcpham: last paragraph of that CNN article wins
smickles: jcpham: i was just about to quote that too
smickles: Bugpowdrr: at least they arn't running a CS server
Bugpowdrr: they are running a site that is trading $5MM in currency a day
deadweasel: srsly, get the servers together, have peak resources
assbot: [MPEX] [S.MPOE] 12250 @ 0.00070427 = 8.6273 BTC [+]
assbot: [MPEX] [S.MPOE] 1326 @ 0.0007105 = 0.9421 BTC [+]
ThickAsThieves: "Because the number of transactions and overall value of coins in circulation is relatively low, the currency is quite volatile -- it went from under $1 to over $28, then back to $7 in 2011 alone."
gribble: BTCUSD ticker | Best bid: 47.35100, Best ask: 48.00000, Bid-ask spread: 0.64900, Last trade: 47.35100, 24 hour volume: 97534.97841476, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 43.87966
deadweasel: dafuq 45 minutes only at 5 confirmations, with .005 fee
smickles: deadweasel: the fee will only affect when it gets conf 1
Bugpowdrr: when those confirmations go thru, price is gonna drop
assbot: [MPEX] [S.DICE] 189 @ 0.0045 = 0.8505 BTC [+]
Bugpowdrr: why did I sell at 48 insteady of 47.99? why
imsaguy: ThickAsThieves: the example is a bad analogy, sure
imsaguy: give it time, there will be another tanking
imsaguy: how much of the tx volume today is the same coins being sent over and over?
jurov: "Mt. Gox found its operations hindered by its lack of proximity to the tech sector." lol now that's an excuse
assbot: [MPEX] [S.MPOE] 2600 @ 0.00072389 = 1.8821 BTC [+]
imsaguy: mtgox was a hackjob originally trading magic cards
imsaguy: they always leave that part out
deadweasel: Magix; The Gatherings, online exchange
gribble: 1 BTC = 47.75000 U.S. dollars = 36.6377657 Euros
jurov: i should ask mp about his "proximity to the tech sector"
imsaguy: I'm sure mp is fairly proximal to the tech 'sector' right now ;)
mircea_popescu: if you're having trouble loading trilema, please flush your dns.
mircea_popescu: and otherwise, mpex,co is being ddosed by someone too stupid to know that doesn't work.
smickles: damn, i thought your sexdungeon revolted
smickles: mod6: hiya, sorry for being away
imsaguy: mircea_popescu: load up a free instance of amazon?
imsaguy: Guest60737: you know about /ns release, right?
imsaguy: mircea_popescu: tabloids say girl ;)
smickles: mircea_popescu: heh, well, it's a boy, and he is expected to come mid may
Guest60737: imsaguy: ya. working on those things now with ns & grib
gribble: anduck was last seen in #bitcoin-assets 1 day, 20 hours, 24 minutes, and 36 seconds ago: <Anduck> uhh
imsaguy: oh, anduck said I was supposed to hold his coins
imsaguy: he said I could have them forever
gribble: Time since last block: 7 minutes and 46 seconds
imsaguy: their test tx still hasn't confirmed
Chaang-Noi: yeah, why would they need to wait though?
imsaguy: just goes to show that sending a bunch of microdust without paying a respectible fee is silly
imsaguy: estimated btc transacted: .00023055
smickles: ;;later tell anduck pm or email me when you get a chance
imsaguy: asicminer full payment just hit
mod6: (08:48) < smickles> mircea_popescu: heh, well, it's a boy, and he is expected to come mid may << Nice! It's getting closer. :]
Chaang-Noi: im going to try and guess and see their mining rate...
imsaguy: that doesn't make the dividend per share go up
smickles: mod6: indeed, and the first one is starting to walk around
mod6: smickles: thats awesome man. :)
jcpham: The myopic are extrapolating the price trend of the past three months, which they deem is normal, and in so doing they exacerbate it to the upside, thus attracting even greater fools. The inflection point will come when the continuity of bullish thought is broken, which could be anywhere between $49/bc to $69/bc. One thing is for sure, the amount of suckers left who are willing to jump on the moving and ever accelerating train is drawing thin,
jcpham: and so are their pockets.
imsaguy: jcpham: where'd you copy and paste that from?
imsaguy: so now they're up to .06/share
imsaguy: once it hits .1, divs will halve
jurov: mircea_popescu dunno where would the oix be if calls were available throughout
mircea_popescu: jurov thing is a certain strike can't push it past a certain level
Chaang-Noi: okay so they ahve about 15% of the weekly coins...
Chaang-Noi: hmmm... about expected, i guess tehy are not solomining
Chaang-Noi: imsaguy less tha halve, 20% or so will aslo be collected for new hardware
Chaang-Noi: so we will get like 40% of what they mine...
Chaang-Noi: imsaguy how did you get .06 per share?
Chaang-Noi: buying more asics means more coins... and a company worth more.. cant just look at dividends
imsaguy: the first dividend was like .03x
Chaang-Noi: PsycoticBoy if we take the 40% of todays dividends and x 52 we get .416 pretty damn solid
gribble: BTCUSD ticker | Best bid: 47.61000, Best ask: 47.70000, Bid-ask spread: 0.09000, Last trade: 47.77175, 24 hour volume: 99687.93083192, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 43.99952
smickles: look, there is a corelated rise of "mainstream" with the recent rise in "bitcoin"
Chaang-Noi: i see this stock being worth .5 easy, and much much more if bfl fail
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.21046328 = 210.4633 BTC [+]
mod6: lol "bitcoin bitcoin bitcoin"
jurov: it's about to fall any minute purportedly
mircea_popescu: Mar 06 07:58:51 <mircea_popescu> o hey, it occurs to me, this is the right time to get hacked right ?
jurov: oh and how is your proximity to the tech sector today, mircea?
mod6: ah! didn't know that
mircea_popescu: mod6 was a ddos back in jan, set up the entire proxy structure then. that's when jurov made his, i think smickles has one too
jcpham: apparently i pasted a one liner in -otc and stopped someone from dropping 50k from a BoA from their cell phone on bitcoin
mircea_popescu: im just grepping this log for "hacked" atm, it's loads of fun
jcpham: "Rising asset prices create euphoria, and euphoria significantly drops the IQ of the participants."
mircea_popescu: liek Mar 06 16:13:53 <pigeons> i can't get the only service that has never been hacked to come up
Chilca: mircea_popescu: maybe is something wrong in my notebook
imsaguy: mircea_popescu: is mpex down?
mircea_popescu: Chilca there's a pretty dumb ddos going on the main domain. but you can use any of the proxies jsut fine
ThickAsThieves: "The U.S. dollar is an obvious Ponzi scheme," said Thomas, who thinks the U.S. government has too much debt to raise interest rates high enough to defend the dollar if there were ever a run on it. With Bitcoin, "you feel like you're in control of your money."
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.21064341 = 210.6434 BTC [+]
Chilca: urllib2.URLError: <urlopen error [Errno 60] Operation timed out>
smickles: I just knew the sec would get to mpex sooner or later
assbot: imma gonna start banning
jurov: oh and i almost convinced a dude that coinbr bought mpex
mircea_popescu: Chilca : use something like mpex.coinbr.com to connect
jurov: edit the url in source
imsaguy: assbot: did you know that mpex is down?
jurov: you know i was yest in timisoara and bough some fine asics in budapest en route, that announcement raised some eyebrows, too
jurov: can't remember zactly
mod6: jurov must be tall to fuck a giraffe, or he likes to fuck on a ladder. ;)
mircea_popescu: guy got totally plastered, hitched it with the zoo inventory.
mircea_popescu: mod6 when you're hung like a snake gotta do what you gotta do.
mircea_popescu: neck has to be long enough or else you dip your tip in acid.
mod6: ah! i'll have to keep that in mind.
jurov: yea, without mircea's expert advice, that would've ended badly
mircea_popescu: my host guy is like "you know we nullrooted some stuff"
assbot: [MPEX] [O.BTCUSD.C630T] 10 @ 0.00062096 = 0.0062 BTC
mod6: heh, i nullroute stuff all the time
mod6: abuse? to the blackhole you go!
jurov: like "nono no nullroutes, i have important businss in nigeria"
gribble: BTCUSD ticker | Best bid: 47.35500, Best ask: 47.50000, Bid-ask spread: 0.14500, Last trade: 47.50000, 24 hour volume: 101716.35730182, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 44.12712
gribble: Time since last block: 12 minutes and 53 seconds
assbot: [MPEX] [S.MPOE] 20700 @ 0.00072389 = 14.9845 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.21125709 = 211.2571 BTC [+]
gribble: Error: "when" is not a valid command.
jurov: !when does bfl deliver
jurov: right on the money
assbot: [BTCTC] [ASICMINER-PT] 30 @ 0.65 = 19.5 BTC [-]
Chaang-Noi: <assbot> [BTCTC] [ASICMINER-PT] 30 @ 0.65 = 19.5 BTC [-] nice :)
Rick_: When can i use mpex.co?
smickles: Rick_: as soon as you can type mpex.coinbr.com
mod6: (09:20) < mircea_popescu> mod6 how often do customers go "mmkay" << haha, 0. the one guy I do a actual website for doesn't give a shit since he cuts down trees for a living lol
mod6: im like, "russian hackers are fucking with the site so i tossed their packets in the bitbucket..." "huh? whats that?" ".... don't worry it's all good."
Rick_: but i am using coinbr now
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
mircea_popescu: all tghe proxy shit was set-up back in jan when somebody tried to ddos mpex
mircea_popescu: smickles so what've you been up to ? did you get ddosed or something ?
assbot: Stupid fucking white man.
maximian: looks like the worst of the s.dice selloff is over
deadweasel: think the price will drop anymore today?
jurov: mircea_popescu but it did work till 2 hours ago
assbot: yea im stupid like dat.
assbot: watch out there. i might be dumb but i have muscle. does that erause you?
gribble: Error: "facepalm" is not a valid command.
assbot: arouse, mirce, arouse. was ment for jurov.
keith_hanson: have they mentioned any reasons for all the lag?
mircea_popescu: <unbalanced> Anyone have theories as to why this runup is so fast then? Is it driven by MPEX futures, or trader manipulation, or is this how the Fed kills BTC: it just buys them all? << historically mpex futures tend to quench rallies (and probably drops too) rather than amplify them
kakobrekla: beatles yesterdays goes through my mind when you do ;;goxlag
mircea_popescu: the reason is that bitcoin which'd normally hit the exchanges pushing the price gets sterilized on derivative trades on mpex
gribble: There are currently 3655.519 bitcoins offered at or under 49.0 USD, worth 177792.647437 USD in total. | Data vintage: 0.0017 seconds
assbot: [MPEX] [S.MPOE] 4800 @ 0.00072389 = 3.4747 BTC [+]
gribble: BTCUSD ticker | Best bid: 47.23000, Best ask: 47.40500, Bid-ask spread: 0.17500, Last trade: 47.40500, 24 hour volume: 106149.33438063, 24 hour low: 39.00000, 24 hour high: 49.09900, 24 hour vwap: 44.27059
mircea_popescu: Regulation can stand in the way of innovation in the interest of protecting consumers. What do entrepreneurs do?"
mircea_popescu: @karenmpd They move. Consumers don't get a say, that's what the definition of consumer implies : "stfu, swallow the menu, say ty".
unbalanced: mircea_popescu, thanks for the reply above. Could someone rich in cash & BTC, holding BTC futures/options at say a $50 strike could have an incentive to buy up BTC to that level to not lose on the option trade?
unbalanced: Or am I a) paranoid? b) ill-informed? c) both? Probably c)
jurov: unbalanced, there were tries , but mostly not successful afaik
Namworld: oh, I missed mircea's reply. What's up with MPEx?
assbot: [BTCTC] [B.YABMC] 10 @ 0.0073 = 0.073 BTC [+]
jurov: not a frontend, just proxy
[\\\]: whatever happened to solidcoin?
jurov: [\\\]: you're digging it out of grave
[\\\]: I went to the website and the latest news is from January
mircea_popescu: unbalanced in theory this is possible. however this theory tends to blow up in practice. it's no different from any attempt to corner a market, and those have historically ended up poorly.
mircea_popescu: more importantly, the mpoe bot book is limited. you can't get much more than 20k or so notional exposure per strike
mircea_popescu: with a lot of finesse you could construct synthetic positions of maybe 100k, but not 1mn and over.
mircea_popescu: moreover because all trade settles in btc on mpex that defacto sterilizes some currency too
mircea_popescu: in short : i've put a lot of thinking into creating macrostability here, i obviously may have overlooked holes/been stupid/etc, but it won't be trivial in any case.
mod6: (10:04) < mircea_popescu> i think it was about time twitter got a dose of mp. << yes!
unbalanced: mircea_popescu, jurov: thx for the replies
mod6: jcpham: oh man, <3 Del Taco
unbalanced: glad to know all is well in mpex-land... time to get back to work
jcpham: I manufacture my own reality
gribble: Error: "whowas" is not a valid command.
gribble: Error: "was" is not a valid command.
assbot: [MPEX] [S.DICE] 400 @ 0.00469999 = 1.88 BTC [+]
mircea_popescu: so did s.dice get massacred because people thought mpex is gone ?
jcpham: dude this guys mind is primed for bitcoin
jcpham: 7:15 t-shirt says "unkuck the world"
kakobrekla: also planting that shit in the middle of the LA
jcpham: the man has got him down kakobrekla
jurov: mircea_popescu, no that happened yesterday. today dice it didn't move much
mod6: this guy is awesome
mod6: well, na. fuck the man, plant a garden. mine some bitcoins, etc.
jcpham: fuck tha man, plant a garden, mine bitcoins sounds like a tshirt i need
dub: friedcat did it again
dub: sent 0.000000001/share then a div
mod6: haha ya! "PLANT SOME SHIT!"
mod6: america needs more people like this guy who are devoted to action
assbot: [MPEX] [S.DICE] 40 @ 0.00469999 = 0.188 BTC [+]
dub: im going aquaponics when I finally get a house
dub: grow FISH and PLANTS
mod6: jcpham: the UNFUCK THE WORLD t-shirt was pretty great too
mod6: i'd prolly wear it everyday if I had one
gribble: Next difficulty estimate | 4789366.42662 based on data since last change | 4948929.82503 based on data for last three days
dub: is the txn confirmed?
ThickAsThieves: basically it does the transactions but displays incorrectly
dub: the asicminer div txn isnt
dub: so its normal to show up like that
ThickAsThieves: referring to someone suspecting there is an issue with desltop clienbt
mod6: EB is like, "O if you move S.DICE I'll buy some!!! JUST KIDDING! LOL I'VE ALREADY BOUGHT HIGH AND SOLD LOW!"
dub: surpise, guy is ubertarded
mod6: haha he trolls hard
jcpham: aww man dank got scammer tagged
jcpham: but he had a soul guarantee
gribble: Current Blocks: 224570 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 1221 blocks | Next Difficulty In About: 1 week, 0 days, 8 hours, 31 minutes, and 48 seconds | Next Difficulty Estimate: 4779207.20236 | Estimated Percent Change: 9.41719
gribble: BTCUSD ticker | Best bid: 48.00000, Best ask: 48.05000, Bid-ask spread: 0.05000, Last trade: 48.05000, 24 hour volume: 104401.10769022, 24 hour low: 39.50000, 24 hour high: 49.09900, 24 hour vwap: 44.61632
mod6: eat your heart out bernakazi
mod6: MPOE-PR stepped on your nuts huh?
mod6: i dunno, why all the hard trolls & h8tred?
ZedsterX: does bitpay being on amazon make us legit now?
deadweasel: I'm pretty sure you are MP, being your own troll
mod6: dutifully moved right along to the next helping of predigested yet certifiedly safe circlejerk product. << exactly.
gribble: 1 BTC = 47.93000 U.S. dollars = 36.7758766 Euros
assbot: [MPEX] [S.MPOE] 6450 @ 0.00072389 = 4.6691 BTC [+]
Namworld: ah, nvm. I guess I was consistently refreshing right when options were not up.
Namworld: I refreshed twice and no options were showing up from the market bot.
Namworld: your reasoning seems broken... time to get some S.DICE
mircea_popescu: deadweasel the valuation by last trade algo is prolly dubious
assbot: [MPEX:S.DICE] 1D: 0.00300001 / 0.00452788 / 0.0052 (39220 shares, 177.58 BTC), 7D: 0.00300001 / 0.00577697 / 0.0063799 (549867 shares, 3,176.57 BTC), 30D: 0.00300001 / 0.00588503 / 0.007395 (6670790 shares, 39,257.82 BTC)
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08954763 / 47.56142347 / 49.63791534 (no shares, 17,752.74 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [MPEX] [X.IDIFF.MAR] 3 @ 0.0639995 = 0.192 BTC [-]
deadweasel: yeah, I need to stop looking at bitfunder. I just want to watch things happen.
deadweasel: i like observing this thing. this, bitcoin, thing.
TomServo: mircea_popescu: how often is the oix updated?
mod6: has any one else been eating popcorn and watching Krugman try to battle the guys on ZH?
mod6: not sure if its really him... but it's entertaining either way
mircea_popescu: hard to tell which is the larger idiot, the zh borg or krugman
gribble: BTCUSD ticker | Best bid: 47.35000, Best ask: 47.45780, Bid-ask spread: 0.10780, Last trade: 47.35000, 24 hour volume: 105673.56321148, 24 hour low: 39.51020, 24 hour high: 49.09900, 24 hour vwap: 44.82315
dub: new video of avalon trying to ship units
mod6: yeah, some of those guys on ZH are somewhat entertaining
mod6: there seems to be a real lack of brains when it comes to bitcoin on there though
deadweasel: I have seen no surplus in brains anywhere in bitcoin, except a few here and there.
deadweasel: bitcoin has been my financial baptism by fire. lucky I made money while learning
Lyspooner: this is not the normal channel welcome message
mircea_popescu: Lyspooner the scams there got moved to bitcoin-assets.com
assbot: [HAVELOCK] [SDICE] 10 @ 0.4405 = 4.405 BTC [-]
Lyspooner: normally it's a list of all the sites that house bitcoin assets
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
mircea_popescu: Massage4BTC.com is now operational and lets anyone offer local massage services for BTC."
mircea_popescu: "herpderp i learned sort-of webcoding over the summer so now i start a business where other people do the work. it's a platform."
chmod755: mircea_popescu, wait...isn't that what mpex does?
chmod755: S.DICE makes the money - you get rich lol
mircea_popescu: what've they traded since august, say 200k btc or so ? i've made 400 btc off that.
assbot: [HAVELOCK] [SDICE] 3 @ 0.4205 = 1.2615 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.42 = 0.84 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 10 @ 0.335 = 3.35 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.335 = 1.34 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 10 @ 0.33317 = 3.3317 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.42 = 2.1 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.42 = 1.26 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.41 = 2.87 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.41 = 2.05 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 25 @ 0.65 = 16.25 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.4 = 2 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4 = 0.8 BTC [-]
deadweasel: I was just wondering where I could find a massage for BTC?
deadweasel: is there like, an internet site for that?
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.33317 = 0.6663 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
assbot: [MPEX] [O.BTCUSD.C450T] 640 @ 0.22052312 = 141.1348 BTC [+]
assbot: Good morning, may you serve the Lord, and may His holy dominion guide you through your dismal life.
assbot: The round stones beneath the earth... have spoken through the fire.
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08954763 / 47.63946252 / 49.7064472 (no shares, 17,893.87 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.65 = 1.95 BTC [-]
jurov: deadweasel is dead
jurov: mpex.co is back online so all should work
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
gribble: BTCUSD ticker | Best bid: 46.00000, Best ask: 46.59790, Bid-ask spread: 0.59790, Last trade: 46.00000, 24 hour volume: 109849.30848531, 24 hour low: 39.79000, 24 hour high: 49.09900, 24 hour vwap: 45.00791
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
jurov: deadweasel,no,gribble is nanotube's. assbot has borrowed intelligence from kakobrekla.
jurov: maybe muscles,too, dunno
deadweasel: jurov: ok, thx. they are both nice bots. even S&M assbot, but I do that in PMs now.
jurov: consider yourself lucky, i was rejected by assbot :/
deadweasel: tankage indeed, people must be market selling
deadweasel: but there are some hungry sponges out there too
jurov: i think today's bank wires and whatever went into bitcoins, tomorrow it may repeat
jurov: when fresh fiat arrives
jurov: bitcoin will eat it
gribble: BTCUSD ticker | Best bid: 45.27057, Best ask: 45.99000, Bid-ask spread: 0.71943, Last trade: 45.99000, 24 hour volume: 111972.55000310, 24 hour low: 39.79001, 24 hour high: 49.09900, 24 hour vwap: 45.02130
assbot: [BTCTC] [ASICMINER-PT] 50 @ 0.65 = 32.5 BTC [-]
dub: yeah newsflash gox sux
assbot: [MPEX] [S.DICE] 300 @ 0.0046 = 1.38 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4 = 1.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.4 = 2 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.4 = 2.4 BTC [-]
Ukto: as soon as confirms are done, DT will be paying on BF
assbot: [BTCTC] [S.DICE-PT] 62 @ 0.00549 = 0.3404 BTC [+]
Ukto: btw, G.ASICMER-PT now holders 1,020,273 confirmed ASICMINER shares
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.65 = 1.95 BTC [-]
gribble: BTCUSD ticker | Best bid: 44.71051, Best ask: 45.00000, Bid-ask spread: 0.28949, Last trade: 45.00000, 24 hour volume: 114058.31082349, 24 hour low: 39.85750, 24 hour high: 49.09900, 24 hour vwap: 45.04732
Ukto: the last was 0.02354460
Ukto: and it was for all earnings up to that point
Ukto: that means the last week picked up a lot of earnings
Ukto: next week should easily surpass it
DeaDTerra1: HAHAH one million shares was a bit strong xD
Ukto: and copied the wrong thing :P
jcpham: i sold some coins for $50 today
gribble: BTCUSD ticker | Best bid: 44.20000, Best ask: 44.71051, Bid-ask spread: 0.51051, Last trade: 45.00000, 24 hour volume: 114660.97979107, 24 hour low: 39.85750, 24 hour high: 49.09900, 24 hour vwap: 45.05104
jcpham: how is that even acceptable or possible
jcpham: mircea_popescu: 5 coins...
jcpham: i sold 5 coins during the height of the day for shits and giggles
gribble: BTCUSD ticker | Best bid: 44.20000, Best ask: 44.50000, Bid-ask spread: 0.30000, Last trade: 44.50000, 24 hour volume: 114844.81528356, 24 hour low: 39.85750, 24 hour high: 49.09900, 24 hour vwap: 45.05435
swhitt: i wish mtgoxlive would work better.
mircea_popescu: i can't believe forum idiots actually propose btctalk as a comparison for anything.
Bugpowder: anyone know EXACTLY how wash sale rules effect a long-term cap gain? As in, if I buy a stock for $5, sell it 8 months later for $10, rebuy for $9 the next day then sell again for $50 8 months after that.
Bugpowder: Is the $50 sale considered long-term or short term
Bugpowder: I know the $10 sale is short term, despite the wash sale repurchase.
mircea_popescu: jcpham ok, some idiot who came up with the brilliant idea that because the cost of making websites is small, the internet will never exist
mircea_popescu: because myspace profiles will compete each other into irrelevance
jurov: According to the Communist Manifesto, there were three major reasons why capitalism would come to a halt.
mircea_popescu: one of them being that youthful cocks with milkstrings still atached will end up publishing on wanna-be "respectable" venues a la seeking alpha as if they were people.
jurov: lol i never heard about this school.. prolly too many "higher education" schools around
jurov: in one 450-thousand city
mircea_popescu: every halfwit with a "liberal arts" degree in nothing specifically from Nowhere University is going to, on the mid term, publish a finite nonzero number of papers
jurov: From a historical standpoint, major economic bubbles are a rare phenomenon. Unlike business cycles, which occur quite frequently and with great regularity, there have not been many bubbles throughout history.
jurov: first two sentences from the body text
mircea_popescu: i can't even write about this shit, it'd be doing it favours ;/
BitHub: so...how much did asicminer share pay per share?
dub: they sent it anyway, hadn't confirmed last I looked
Lyspooner: to what end? he doesn't care about bitcoin so much as he just wants people who cry "bubble!" to be held to certain standards
gribble: Next difficulty estimate | 4749889.19275 based on data since last change | 4913870.80684 based on data for last three days
jurov: i daresay marketmaking for difficulty is less risky than one for price
mircea_popescu: Lyspooner so i made a spurious comment on the interwebs.
jurov: but the asics are still big unknowns
mircea_popescu: jurov it's gotten to that point hasn't it. funny how things topple in btc.
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 29.08954763 / 47.63946252 / 49.7064472 (no shares, 17,893.87 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
jcpham: Your money is stored securely in the cloud (with 90% offline in secure storage), so if you lose your phone your money is still safe.
mircea_popescu: jcpham remember the polish exchange that mtgox acquired in 2011 ?
thestringpuller: does that mean option marketers are manipulating the price?
mircea_popescu: thestringpuller possibly that they draw from the same reservoir of future as the price does.
gribble: A market order to sell 10000 bitcoins right now would net 428772.0536 USD and would take the last price down to 40.1000 USD, resulting in an average price of 42.8772 USD/BTC. | Data vintage: 0.0013 seconds
assbot: [BTCTC] [S.MPOE-PT] 634 @ 0.00073 = 0.4628 BTC [+]
mircea_popescu: thestringpuller it is kinda funny, shrem gets owned, site is offline for three days, customers miss rally, popescu is ddosed nothing happens.
mircea_popescu: i imagine it must be bruising egos but other than that... heh. who cares.
dub: I was expecting a much different picture
BitHub: peeps are working on it
BitHub: just a buy and sell service
BitHub: well not even sell, just buy
jurov: no it's romanian. we don't use children.
AndroUser512: He says it means wallet in vietnamese or sumth
BitHub: north korean or something
mircea_popescu: jurov only because couldn't figure out how to make any :D
jurov: i see nothing untoward on frontpage
BitHub: alot of people were asking were you were about 8 hours ago mircea
BitHub: told them you got kidnapped by the CIA again
jurov: poor smickles,just came after 3wks and immediately had to calm the situation
assbot: [BTCTC] [S.DICE-PT] 500 @ 0.00549 = 2.745 BTC [+]
mircea_popescu: it was funny, cause when he went the other ddos was recent
mircea_popescu: lol so our friendly ddosers actually wiped the upstream provider.
Lyspooner: hell hath no fury like a script kiddie scorned
mircea_popescu: in between these extremes a number of intermediate solutions.
Lyspooner: Heaven has no rage like love to hatred turned, Nor hell a fury like a script kiddie scorned
kakobrekla: so the proxy idea doesnt work after all
mircea_popescu: kakobrekla well anything on the internet is limited by the internet actually existing.
jurov: mircea_popescu can't the engine just get moved to completely different dc?
mircea_popescu: but i dislike this sort of solutions, just hop around dcs ?
jurov: and only proxies would know where.. as long as it stays secret, no hoppin necessary
mircea_popescu: this is a small scale garden variety tor implementation.
Lyspooner: Uncertainty and expectation are the joys of life. Security is an insipid thing.
mircea_popescu: Lyspooner shush you, you're not the one with the suspended exchange.
Lyspooner: that's not me, that's william congreve
mircea_popescu: kakobrekla mpex would be on tor, proxies would be on normal web.
mircea_popescu: well look, ddos mitigation is an exercise in moving upstream.
mircea_popescu: what i had here was enough to make 10-100 Gb attacks ineffectual.
mircea_popescu: someone taking down all tor nodes is a coupla degrees of magnitude over that.
kakobrekla: ya but they still know your current location
kakobrekla: and if you change it to unknown its same shit if you keep it hidden via tor or via decent
http proxies
mircea_popescu: kakobrekla not really, you can actually trace to source with
http proxies.
kakobrekla: if they cant take tpb down with a solution like that
jcpham: "If Coinbase borrowed inventory off btcjam (as btcquick does) they'd probably fund pretty quickly and have a better cost basis"
jcpham: the internet is full of idiots today
jcpham: so the btcjam coins are being sold, eh
BitHub: mpex should lend out 100btc on btcjam and never see any of teh btc again
jurov: do we know where the bticointalk coins ended up?
jcpham: selling borrowed coins was tried a few times at least once already
jcpham: none of the borrowed coins were returned afaik
BitHub: btcjam should be ddosed
BitHub: piece of shit site/service
jcpham: apparently they are more liquid that coinbase
BitHub: demented animals that invent this crap
jcpham: so apparently reddit can't find btc
jcpham: and gox orders are stacking up
jcpham: all the bitcoins are gone!
mod6: kakobrekla: that's a one out of the rg playbook :)
pigeons: coinlab will roll out its instawallet clone
jcpham: maybe coinlab should roll out a lending service
jcpham: those work great for liquidity
pigeons: coinlab is gonna bring bitcoin to wallstreet man
jcpham: they could pay interest on deposits
BitHub: stop giving coinlab ideas
BitHub: next you'll be telling them how to offer insurance
jcpham: they could pay interest on deposits and then use those deposited coins to sell
pigeons: ooh and they should offer coin storage
jcpham: ooh maybe even a mixer
pigeons: and a gpu farm integrated into independent video games
BitHub: they're already cutting into BitHub's market share
jcpham: just wait until one of these guys starts offering interest on deposits
jcpham: yeah exactly like 7% a week
BitHub: what a mind blowing concept
jcpham: it will be a revolutionary concept to the internet at large
pigeons: i thought 7% a week must be a scam, BUT YCOMBINATOR!
jurov: heh, mtgoxlive loaded for me first time today
jurov: deflationary currency. with 7% weekly interest. austrian economists, take that.
jurov: better than perpetuum mobile
pigeons: well we are still at 25 btc/block inflation
jcpham: <doctor_pullfingr> -I don't know where coinbase buys. All I'm saying is that they're out and have been for a couple of days. When they no longer say they're out. I think the price of BTC stabilizes. Maybe it's a leading indicator.
jcpham: newbs in -otc talking about coinbase out of money
pigeons: how can they be out of money? YCOMBINATOR
jurov: anyone named the source?
pigeons: OMG surely there are no alternative sites using twitter bootstrap that will buy bitcoins for us off an exchange for an extra fee
jcpham: i'm totally a noob though
jurov: btw, didn't anyone try to compare coinlab sales with pirate's loot? whether the amount isn't approximately similar, perchance
pigeons: why'd you wait till june, japan had gained a lot by then
iz: jurov: how much did pirate actually make off with? i think it's unknown, b/c everyone won't fess up about how much they got paid back in interest
mircea_popescu: hey, people wanna show off their muscle, let them show it off to people who care.
Bugpowder: is that going to redirect the ddos to wh?
mod6: lol, that actually worked.
mod6: redirect from mpex.co to whitehouse.gov
mod6: and needed to subsequently quote zero-wing
jcpham: that's terrible mircea_popescu
jurov: everyone, now try to submit post requests to whitehouse
jurov: with gpg encrypted mpex stuff
pigeons: romainian bitterrorist pornagrapher points site at whitehouse to direct shadowy hackers to take down usa's "critical infrastructure"
dub: inb4 black helicopters
jurov: pointing pympex to whitehouse.gov got HTTP Error 403: Forbidden
jurov: completely appropriate
dub: 250k btc I think was the popular rumour
BitHub: So Henry Paulson is the new C.E.O of coinlab?
mircea_popescu: leson learned : when someone throws a quarter tb of crap at you
jcpham: His name was Robert Paulsen
Bugpowder: This bothers me " Whether you are a savvy investor, Bitcoin merchant, or crypto-hobbiest, trading Bitcoin in the US and Canada is about to get faster, easier, and even more secure."
Bugpowder: You have a misspelling in the first sentence of your splash page
mod6: i shouldnt laugh at that, i misspell tons of words :/
Bugpowder: Current Price 541m ago Mt. Gox sockets are down. Trade data will not update until they come back online, and depth data will only update once every 15 minutes. Sorry!
doctor_pullfingr: from mpex.co front page "The time has come to fill important judicial vacancies"
Bugpowder: weird that all the other websites still work
BitHub: "Thanks to our partnerships with SEC, Taxoffice and the Whitehouse, we can now provide these services"
gribble: BTCUSD ticker | Best bid: 45.90000, Best ask: 46.00000, Bid-ask spread: 0.10000, Last trade: 45.90000, 24 hour volume: 119925.05033138, 24 hour low: 40.01120, 24 hour high: 49.09900, 24 hour vwap: 45.19828
jcpham: Ashton Kutcher’s A-Grade Investments joined with Ben Davenport and Trace Mayer in another round of seed founding for BitPay.
BitHub: thank christ for ashton kutcher
dub: ok, so with bitcoin roken, where is the bottom
BitHub: Charlie Sheen bitcoin company will be better
iz: BitHub: you'll take that back once you find out he's just punking the btc community for a new MTV series
BitHub: ahh so that's who's been trolling the price lately
jcpham: if ashton gets to play satoshi ina bitcoin movie i'll be upset
mod6: Dude, where's my bitcoins?
dub: its gotta be ryan gosling
pigeons: mircea_popescu has a doctor evil suit
pigeons: piefucker played a good satoshi
mod6: dub: then all girls will want to go and see it
BitHub: would you guys ever fund a movie with bitcoins?
assbot: [MPEX] [O.BTCUSD.C450T] 120 @ 0.22222082 = 26.6665 BTC [+]
BitHub: i think you should fund my movie
mircea_popescu: BitHub i acrtually had some outfit in chicago to do me a short
jcpham: i asked Ashton who is going to play Satoshi
jcpham: we'll see if he responds
BitHub: a short for what mircea?
BitHub: with you acting in it?
mircea_popescu: you know the "are you the brain specialist" monthy python sketch ?
mircea_popescu: so it was going to be a remake of that, except with the
BitHub: i was suppose to make a short film this year to take to Robert Rodriguez and troublemaker studios for their new television network EL REY
BitHub: but doing this crap instead
mircea_popescu: was just about the time the various idiots were popping post-pirate
mircea_popescu: kakobrekla the only bitcoin service hacked by the white house ?
pigeons: i dont know anything about ianbakeweall, but kinda weird to just say, "i suspect this guy is involved in the ddos"
BitHub: hah mircea i'm pretty intrested in making some bitcoin commercials
BitHub: i had this one idea of like a Mr. Satoshi montage
mod6: get the sham-wow guy
pigeons: why do they say that guy would ddos mpex?
BitHub: he's been a lil off lately
BitHub: got some jah ones instead better divs
Bugpowder: he called the S.DICE short pretty well
Bugpowder: instead of borrow at .0062 and not sell it in time
pigeons: well he still has to buy them back
Bugpowder: I didn't see a sale go off at .0062 of that size
assbot: [BTCTC] [ASICMINER-PT] 32 @ 0.65 = 20.8 BTC [-]
Namworld: erhm... MPEx redirects to the whitehouse.gov website? lol...
kakobrekla: hm so acsic miner aint that hot all of a sudden?
BitHub: JAH shares atm are much better value to buy than AISCMINER and BAKEWELL
pigeons: oh so the ddos comment was so that people couldnt buy up s.dice
BitHub: i dont get why you would buy asicminer shares where jah's are much better value and get roughly the same pay out div for alot cheaper
pigeons: but asic right in the name!
BitHub: that's why may as well get jah
pigeons: he actually has avalons in his hands?
Namworld: BitHub: JAH has nowhere near the same potential tho...
BitHub: no avalons in his hands but his asicminer divs are kicking in
Namworld: Would go down while ASICMINER will go up in mined coins.
BitHub: i'm getting 0.00072538btc a share atm
dub: remember they guy runnning JAH is retarded
dub: though that hasn't hurt dice
dub: were seeign $2 this week
Namworld: Currently I'd be shorting almost anything.
BitHub: it was like .06 a few weeks ago hey
Namworld: No... because those small mining ops don't look good.
Namworld: plus USD/BTC price just further promotes shorting
assbot: [MPEX] [S.MPOE] 19250 @ 0.00072389 = 13.9349 BTC [+]
BitHub: how much is asicminer paying per share atm?
assbot: [MPEX] [S.MPOE] 9076 @ 0.00073711 = 6.69 BTC [+]
assbot: [MPEX] [S.MPOE] 5247 @ 0.00074548 = 3.9115 BTC [+]
assbot: [MPEX] [S.MPOE] 41427 @ 0.00074999 = 31.0698 BTC [+]
Namworld: How much Terahash is ASICMINER at now?
dub: mircea_popescu: new of USG backing
mircea_popescu: "mpex the first bitcoin business to implement quantitative easing"
assbot: [BTCTC] [COGNITIVE] 2 @ 0.262 = 0.524 BTC [-]
assbot: [BTCTC] [COGNITIVE] 5 @ 0.2576 = 1.288 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.255 BTC [-]
gribble: BTCUSD ticker | Best bid: 45.01002, Best ask: 45.05000, Bid-ask spread: 0.03998, Last trade: 45.05000, 24 hour volume: 120957.15085783, 24 hour low: 40.01120, 24 hour high: 49.09900, 24 hour vwap: 45.23178
mircea_popescu: holland was forever trying to block romania's access to schengen zone
mircea_popescu: bucharest shocked them by going fu, we don't want in anymore.
Namworld: Who has mining stocks to lend me? As always I have lots of backings available and good borrowing habits.
mod6: mircea_popescu: probably a really good call.
mod6: the eurozone will be the zone of misery once this thing starts to unwravel faster than it already is.
mod6: and no one in their right mind would want to lose soverignty to some EU technocrat
BitHub: Namworld what sort of stocks?
Namworld: Pretty much anything that is not ASICMINER
BitHub: i had some bakewell but got rid of them and got some jah
kakobrekla: first you got baked well now you have rasta jah. in style.
assbot: [MPEX] [O.BTCUSD.P490T] 750 @ 0.28155951 = 211.1696 BTC [-]
BitHub: maybe about 20 to play with nam?
Namworld: How many do you have total and how long were you planning to hold them?
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.33317 = 1.3327 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
BitHub: think peeps realizing, overpricing on asicminer
BitHub: <ozbot> The White House
mod6: pretty good depth on the ask side now... (looking at bitcoincharts.com)
kakobrekla: yes juding by the traffic, noone was using them. duh!
BitHub: hahha peeps are taking this seriously
BitHub: they think mircea has becomea CIA snitch
BitHub: heh this is probably a huge PR for mp
BitHub: time to contact cnn news
dub: mircea_popescu: nobody knows
BitHub: troll it a lil further
dub: if you want to uber troll stick up an ICE takedown
doctor_pullfingr: Bugpowder if that's you, you called the top every 10 minutes for two months straight
Bowjob: did usg just sieze it?
Bugpowder_: you should redirect to an FBI 'seized domain' page
dub: mpex and bitcion protocol hacked at the same time
mod6: well, mpex.co still goes to wh.gov so *shrug*
dub: probably time to panic
Bugpowder_: could this be causing the fall in BTC prices?
BitHub: people will be like WTF MPEX?
gribble: BTCUSD ticker | Best bid: 44.30000, Best ask: 44.40000, Bid-ask spread: 0.10000, Last trade: 44.40000, 24 hour volume: 121935.01959325, 24 hour low: 40.01120, 24 hour high: 49.09900, 24 hour vwap: 45.24020
dub: Bugpowder_: probably the block size issue
BitHub: making a reddit post now
dub: Bugpowder_: /sprobably/hopefully
Bugpowder_: I still need to take a pic of the Kruggerand vs 25BTC Casascius coin
BitHub: tweeting fox news now mircea
BitHub: tweeting all the news networks
Bugpowder_: ineededausername: I think its the $12 price rise in 36hours
dub: I expect a lot of people watching their transactiosn not going through
ineededausername: because that would make me feel confident about the price again
dub: seeing the devs begging miners to fix it
BitHub: i don't feel confident in mpex its been seized
dub: I heard kim dotcom is dumping
BitHub: jesus you dont want to be near that guy when he dumps
Bowjob: 49.09, the high of 2013
dub: oh yeah theres a bitcoin movie called dude where my coins announced too
Namworld: ugh... fucking whitehouse.gov, that ain't interesting
mod6: (15:34) < dub> I heard kim dotcom is dumping << and if you believe btctalk, he's changing his name to kim bitcoin
mod6: yeah, Dude, where's my Bitcoins?
Bugpowder_: and 48.0, 47.98, 46.5 46, 40.5, 40, 35.0 etc
gribble: BTCUSD ticker | Best bid: 43.93469, Best ask: 43.95602, Bid-ask spread: 0.02133, Last trade: 43.93469, 24 hour volume: 122933.59660769, 24 hour low: 40.01120, 24 hour high: 49.09900, 24 hour vwap: 45.23253
deadweasel: i think 40 is floor maybe? unless more of the same tomorrow.
Bowjob: this is actually a flash crash
deadweasel: i know. I think we do to, if only after the weekend and the media gets through
BitHub: see a big surge in a hour
Bowjob: whats going on with mpex
Bugpowder_: but I need to figure out this wash sale shit with long term vs. short term cap gains
gribble: BTCUSD ticker | Best bid: 42.86000, Best ask: 43.00000, Bid-ask spread: 0.14000, Last trade: 42.86000, 24 hour volume: 123951.17643418, 24 hour low: 40.01120, 24 hour high: 49.09900, 24 hour vwap: 45.21823
mircea_popescu: Bugpowder_ actually tax thing is a major disincentive to selling for many ppl.
Bugpowder_: shouldn't S.DICE be rallying right about now???
Namworld: S.DICE can't rally if MPEx is unavailable
Bugpowder_: Now my mtgox account is getting moved to US
Bugpowder_: can't hide those transactions, gotta report it.
deadweasel: make a plan, determine where/what denomination/ how to store your wealth. Find property, do the research to dtermine best course of action.
mod6: and S.DICE isn't unavailble, the mpex.coinbr.com is processing orders
Bowjob: just do irl transactions, no record
BitHub: any americans want acces to a mtgox account?
mod6: well, at least my stat went through anyway
Namworld: I can't connect to mpex.coinbr.com
Bugpowder_: I am selling below gox on localbitcoins
mod6: works fine for me Namworld, just tried it again
gribble: BTCUSD ticker | Best bid: 42.43692, Best ask: 42.90000, Bid-ask spread: 0.46308, Last trade: 42.43692, 24 hour volume: 124522.10296094, 24 hour low: 40.01120, 24 hour high: 49.09900, 24 hour vwap: 45.20818
BitHub: Bugpowder i have a mtgox account
BitHub: want to go through me?
Namworld: I don't have tools to trade on it I mean. I could do it manually tho
BitHub: you're going to get fucked by coinlab anyway
Bugpowder_: I told all my friends to sell this morning too.
BitHub: while still wearing your pants
BitHub: at least i remove your pants first
mod6: i think we're gonna retrace down to say $35, and the rally will continue
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.85433966 = 854.3397 BTC [-]
dub: when news hits that the network is broken..
dub: its gonna be a fire sale
mod6: im still long term bullish. if it goes down low, i'll just BTFD :D
mod6: and I don't think the network is "broken" its just piling up with tx's
dub: Bowjob: block size limit hit, transactiosn are piling up
mod6: so one guy was asking to increase the block size
Bowjob: i vote ban S.Dice for the meantime
Bugpowder_: That put short was profitable though right?
Bowjob: then fix the blocksize
Bowjob: then let dice have its fill
Bowjob: or at least make the bets 1 BTC min
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.27233775 = 272.3378 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.31662031 = 316.6203 BTC [+]
Bugpowder_: how much of dice profits are from bets below .1?
dub: I think a healthy return to $2 first
Bowjob: its below 4 BTC from doogs
dub: and when I say we I mean I
BitHub: s.dice should pay higher fees
dub: s.deuce is paying higher fees as of today
dub: its part of the problem
dub: instead of only their txn stalling errybodys are
mircea_popescu: consequently, all the libertards will get pushed out of bitcoin
BitHub: someone should hax them for a week
BitHub: i'm sick of sitting at cafes for 4 hours waiting for a transaction to confirm
assbot: [BTCTC] [GOLD] 2 @ 0.3428 = 0.6856 BTC [-]
Bowjob: this is such a bear day
Bowjob: i cant bear to watch this bullshit
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.27169201 = 271.692 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.3160137 = 316.0137 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.5300001 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.85593586 = 855.9359 BTC [+]
mircea_popescu: nice race too, i wonder how much they manage to squeeze through
mircea_popescu: Bugpowder_ he made pretty good loot, .3-4 over what, 15k ?
assbot: [BTCTC] [BASIC-MINING] 15 @ 0.344 = 5.16 BTC [+]
BitHub: <+starsoccer> wtf do you mean cia snitch
Bugpowder_: so which txns were stalled? All mine went thru?
mod6: starsoccer is a scammer
mod6: and for some reason, an op
BitHub: <danieldaniel> mircea got raided - lul
mircea_popescu: if anyone wonders why gmaxwell is an idiot, that's it right there.
BitHub: people are really getting upset in otc mircea
BitHub: they think you're really gone haha
BitHub: i should paste bin it for you
BitHub: its funny as hell tho, main topic of discussion atm
Bowjob: someone is clearly dumping
mod6: no dandan fled, they were just spreading disinformation
assbot: [HAVELOCK] [HIM] 1 @ 1.5300001 BTC [-]
BitHub: <bitcoinbubble> what happened to mpex.co
dub: I tried :( [18:55] <dub> bitcoinbubble: jews did mpex
Namworld: 5k BTC purchase and we'd be back to 48... thin line...
Namworld: I'm not sure we're done rising yet.
mod6: (15:53) <+mod6> (15:52) < danieldaniel> MPEX is gone << DDOS brought down the main site, you can get to it here: mpex.coinbr.com
assbot: [HAVELOCK] [SDICE] 2 @ 0.47 = 0.94 BTC [+]
assbot: [HAVELOCK] [SDICE] 8 @ 0.47 = 3.76 BTC [+]
BitHub: <bitcoinbubble> did mpex guy run off with the money?
gribble: BTCUSD ticker | Best bid: 41.11111, Best ask: 41.50000, Bid-ask spread: 0.38889, Last trade: 42.00000, 24 hour volume: 126252.65323883, 24 hour low: 40.14460, 24 hour high: 49.09900, 24 hour vwap: 45.18147
BitHub: "sell out to coinlab you know you want to"
dub: oh shi bitcoinity came back?
BitHub: they should have that on their site
Bowjob: this is actually called a bear trap
assbot: [MPEX] [S.DICE] 420 @ 0.0046 = 1.932 BTC [-]
Bugpowder_: fastcash4bitcoins suddenly has funds available to buy again
Bugpowder_: I KNEW they just shut down buying into the blow off top
BitHub: heh all of a sudden hey bug
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.27153039 = 271.5304 BTC [-]
gribble: BTCUSD ticker | Best bid: 41.12100, Best ask: 41.90000, Bid-ask spread: 0.77900, Last trade: 41.02010, 24 hour volume: 126502.71591685, 24 hour low: 40.30100, 24 hour high: 49.09900, 24 hour vwap: 45.17366
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.31586188 = 315.8619 BTC [-]
Bugpowder_: which is an email based service, so I doubt it.
Bowjob: its a market manipulator
assbot: [HAVELOCK] [SDICE] 2 @ 0.47 = 0.94 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.85630842 = 856.3084 BTC [+]
mod6: i think we're going right backup
Bowjob: Canadian bitcoins.. buy $55.. sell $42
jurov: 10 minute lag... and bitcoincharts not with out either
Bugpowder_: hmm... wonder if my mtgox bids actually got cancells
gribble: A market order to sell 10000 bitcoins right now would net 392180.3720 USD and would take the last price down to 37.3000 USD, resulting in an average price of 39.2180 USD/BTC. | Data vintage: 0.0010 seconds
gribble: A market order to sell 100000 bitcoins right now would net 2549350.7477 USD and would take the last price down to 14.0000 USD, resulting in an average price of 25.4935 USD/BTC. | Data vintage: 0.0106 seconds
jurov: ooooh quite a difference
assbot: I don't know those people, and they don't look very friendly.
gribble: The weighted average price of BTC, 1000.0 coins up and down from the spread, is 41.38470 USD. | Data vintage: 86.2046 seconds
mircea_popescu: "^OIX": "7d": {"avg": "4746815366","min": "3024983876","max": "4950599490","vsh": "no","vsa": "1.89472677534E+12","cnt": ""}
blu3gr1ffon: it's been too nuts lately. need some stability
Bowjob: you can still sell bitcoins at 47 dollars each
assbot: [MPEX] [O.BTCUSD.P310T] 200 @ 0.05329654 = 10.6593 BTC [-]
jurov: pssst, gox is falling
jurov: seems the lag grows faster than clock time
kakobrekla: mpex deposits - faster than mtgox trading engine.
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.85668542 = 856.6854 BTC [+]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.27136871 = 271.3687 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.31571 = 315.71 BTC [-]
nanotube: mircea_popescu: mpex seems inaccessible atm?
kakobrekla: >Bitcoin Price Reaches All-Time High after Mt. Gox Announces CoinLab Partnership
kakobrekla: yeah, i also farted twice before the high.
Bugpowder_: So funny, coinlab didn't even have a chance to fuck it up
nanotube: mircea_popescu: ah, didn't know there were proxies. :)
Bugpowder_: This is definitely a bad time for a market order
jurov: seems for mtgox is easier to split US off than to fix their engine
Namworld: this trend could revert in an instead like all the previous rises
Bugpowder_: will my bids clear in time to catch the dump?
Bugpowder_: Namworld, the last 48 hours were very very simlar to last top
gribble: BTCUSD ticker | Best bid: 39.89000, Best ask: 39.90000, Bid-ask spread: 0.01000, Last trade: 39.89000, 24 hour volume: 133904.00033926, 24 hour low: 38.30000, 24 hour high: 49.09900, 24 hour vwap: 44.87318
gribble: BTCUSD ticker | Best bid: 38.25000, Best ask: 39.90000, Bid-ask spread: 1.65000, Last trade: 39.90000, 24 hour volume: 134097.13923724, 24 hour low: 38.25000, 24 hour high: 49.09900, 24 hour vwap: 44.85953
nanotube: mircea_popescu: ah cool. so i presume your twitter will keep listing the latest proxies?
Bugpowder_: this is what happens when 100 people hit SELL MARKET at the same time
hctib: what's the damage?
gribble: Error: Failure to retrieve ticker. Try again later.
hctib: 40.4 is my best guess at the ticker
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23556839 = 235.5684 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26615673 = 266.1567 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.3108139 = 310.8139 BTC [-]
mircea_popescu: hctib ppl are covering long positions desperately for the past hour or so
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.86980593 = 869.8059 BTC [+]
jurov: lol slush saw the mpex page and said "alpaca socks eshop was never hacked, too."
gribble: BTCUSD ticker | Best bid: 39.89000, Best ask: 40.51000, Bid-ask spread: 0.62000, Last trade: 39.89000, 24 hour volume: 137698.19346541, 24 hour low: 38.00100, 24 hour high: 49.09900, 24 hour vwap: 44.72163
mircea_popescu: but tell him i said his pool never saw as much btc as mpex saw this year alone.
gribble: Error: Failure to retrieve ticker. Try again later.
kakobrekla: still whole infrastructure is falling apart
gribble: BTCUSD ticker | Best bid: 38.00100, Best ask: 38.03130, Bid-ask spread: 0.03030, Last trade: 38.03130, 24 hour volume: 138552.24765830, 24 hour low: 37.90000, 24 hour high: 49.09900, 24 hour vwap: 44.68042
mircea_popescu: funny thing is, the 49-39 drop happened on 30k bitcoins worht of volume
assbot: [BTCTC] [COGNITIVE] 10 @ 0.26 = 2.6 BTC [+]
dub: a LOT more coin jsut showed up for sale
jurov: kakobrekla can't you just make assbot query proxy address?
dub: if it bounces its only gonna be for a minute
kakobrekla: some are born to sweet delight, some are born to endless night.
dub: fucking pastebin down too
blu3gr1ffon: dub, what do you mean it will only bounec for a minute?
mircea_popescu: Why is your site redirecting to the whitehouse? I thought it was secure?
dub: I think some people realised they might miss out on selling at 50, a shitload more asks showed up there recently, presumably to catch teh bounce
gribble: Error: Failure to retrieve ticker. Try again later.
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.87894633 = 878.9463 BTC [+]
Bowjob: hold on tight, we are bouncing back
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23360747 = 233.6075 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26253021 = 262.5302 BTC [-]
Bowjob: panic selling and panic buying is always a bad idea
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.30740716 = 307.4072 BTC [-]
kakobrekla: after someone makes a fast trading engine
gribble: Error: Failure to retrieve ticker. Try again later.
Bowjob: thats cuz someone dumped USD
Bowjob: it caused BTC to go billions
hctib: I can't connect to mpex.co
Bowjob: cant we have an anonymous exchange
dub: kakobrekla: perhaps something in teh /topic?
Bowjob: and an anonymous debit card
dub: but right now we cant go READ TEH FUCKING TOPIC
gribble: BTCUSD ticker | Best bid: 37.00000, Best ask: 38.00190, Bid-ask spread: 1.00190, Last trade: 37.00000, 24 hour volume: 142568.29851439, 24 hour low: 37.00000, 24 hour high: 49.09900, 24 hour vwap: 44.49249
assbot: [BTCTC] [BTC-TRADING-PT] 100 @ 0.1573 = 15.73 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.465 BTC [-]
dub: it'd sure be nice to trade on this
dub: oh hey gox farted out an update
dub: <bitcoinRT> Mar07 00:33:45 mtgox x499 5,774.6084 @ 37.8195421 USD
jurov: coinbr keeps getting mpex deposits as if nothing was happening
assbot: [MPEX] [S.MPOE] 67800 @ 0.00073204 = 49.6323 BTC [-]
assbot: [MPEX] [S.MPOE] 67800 @ 0.00073204 = 49.6323 BTC [-]
assbot: [MPEX] [S.MPOE] 8573 @ 0.00074999 = 6.4297 BTC [+]
assbot: [MPEX] [S.MPOE] 8573 @ 0.00074999 = 6.4297 BTC [+]
assbot: [MPEX] [S.MPOE] 6515 @ 0.00074999 = 4.8862 BTC [+]
assbot: [MPEX] [S.MPOE] 6515 @ 0.00074999 = 4.8862 BTC [+]
assbot: [MPEX] [S.MPOE] 1817112 @ 0.00075 = 1362.834 BTC [+]
assbot: [MPEX] [S.MPOE] 1817112 @ 0.00075 = 1362.834 BTC [+]
assbot: [MPEX] [O.BTCUSD.P210T] 10 @ 0.05264551 = 0.5265 BTC [-]
gribble: BTCUSD ticker | Best bid: 36.31000, Best ask: 37.00000, Bid-ask spread: 0.69000, Last trade: 36.31000, 24 hour volume: 146035.97593336, 24 hour low: 36.31000, 24 hour high: 49.09900, 24 hour vwap: 44.31001
Bowjob: i shoulda listned to bug that time
assbot: [MPEX] [O.BTCUSD.P310T] 200 @ 0.05608295 = 11.2166 BTC [+]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23340951 = 233.4095 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26219875 = 262.1988 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.3070958 = 307.0958 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 76 @ 0.65 = 49.4 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.87975412 = 879.7541 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.45 BTC [-]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.15664416 = 156.6442 BTC [-]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.17343444 = 173.4344 BTC [-]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.19179501 = 191.795 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.2117738 = 211.7738 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.23340951 = 233.4095 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.26219875 = 262.1988 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.3070958 = 307.0958 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.425 = 2.975 BTC [-]
gribble: BTCUSD ticker | Best bid: 36.31000, Best ask: 36.34608, Bid-ask spread: 0.03608, Last trade: 36.31000, 24 hour volume: 157207.79114001, 24 hour low: 33.83133, 24 hour high: 49.09900, 24 hour vwap: 43.69425
Eduard_Munteanu: I should really go play a game or something, else I might do something stupid like buy in again too early.
assbot: [BTCTC] [GOLD] 2 @ 0.4 = 0.8 BTC [+]
jcpham: i did some profit taking at 50 otc
jcpham: which i am mildly proud of
jurov: maybe start buying slowly
assbot: [HAVELOCK] [HIM] 10 @ 1.44 = 14.4 BTC [-]
Bowjob: how did u see that coming
Bowjob: i woulda believed u honestly if u didnt buy puts and got killed
Eduard_Munteanu: I'm worried bad news might hit US, then Europe by tommorow and they'll sell further. The market depth is rather pathetic.
jcpham: eligius mined the 95btc txn block
mircea_popescu: Eduard_Munteanu and to think ppl were whining about s.dice mkt depth
Eduard_Munteanu: mircea_popescu: market depth seemed much better before we hit $40
dub: why would you want it?
mircea_popescu: blu3gr1ffon you can't, it has to crash for the iluminati to make bank first.
dub: there will be plenty for everyone under $1
jcpham: hooray if you sold today
jcpham: not hooray if you bought
gribble: BTCUSD ticker | Best bid: 35.00000, Best ask: 35.60000, Bid-ask spread: 0.60000, Last trade: 35.60000, 24 hour volume: 157738.28216881, 24 hour low: 33.83133, 24 hour high: 49.09900, 24 hour vwap: 43.65915
jcpham: hge haircut today for any buyer
gribble: Error: invalid syntax (<string>, line 1)
jcpham: buy before noon, lose %20 by dinner
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
gribble: Error: invalid syntax (<string>, line 1)
gribble: BTCUSD ticker | Best bid: 35.10667, Best ask: 35.99000, Bid-ask spread: 0.88333, Last trade: 34.70000, 24 hour volume: 157860.94560379, 24 hour low: 33.83133, 24 hour high: 49.09900, 24 hour vwap: 43.64208
Bowjob: RIP guys, see you at single digits
mircea_popescu: abnd now the mpoe bot can't quote anymore because the pricefeed finally died.
jurov: it doesn't use bitcoincharts?
dub: nah, just use one from magic teh gathering, It'll do
Bowjob: i wanna ignore bitcoin
Bowjob: yeap, back to where we started
assbot: It's so strange that you don't remember any of your poetry.
gribble: Error: Failure to retrieve ticker. Try again later.
jurov: assbot, you better watch ur own stuff
assbot: Whitehouse does not know S.MPOE.
jurov: live.coinbr.com does. shame on you
gribble: 1 BTC = 34.40000 U.S. dollars = 26.3945369 Euros
mod6: (17:04) <@assbot> Whitehouse does not know S.MPOE. << O.O ?! LOL
jurov: Namworld, 1. whale dumped them
jurov: 2. mpoe bot doesn't know what the price is
jurov: due to general breakage
gribble: Error: invalid syntax (<string>, line 1)
gribble: Error: Failure to retrieve ticker. Try again later.
gribble: BTCUSD ticker | Best bid: 35.42000, Best ask: 35.49800, Bid-ask spread: 0.07800, Last trade: 35.42000, 24 hour volume: 162587.00601570, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.31335
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.91703169 = 917.0317 BTC [+]
gribble: BTCUSD ticker | Best bid: 34.87188, Best ask: 35.00000, Bid-ask spread: 0.12812, Last trade: 35.00000, 24 hour volume: 163347.55998439, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.27533
gribble: Error: invalid syntax (<string>, line 1)
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.18440754 = 184.4075 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20415297 = 204.153 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.22560969 = 225.6097 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.24880864 = 248.8086 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.2932762 = 293.2762 BTC [-]
assbot: [MPEX] [O.BTCUSD.P310T] 82 @ 0.06075508 = 4.9819 BTC [+]
Bugpowder: 36.33 and maybe 35, don't remember. Had a 33.33 too but not hit yet
assbot: [MPEX] [O.BTCUSD.P310T] 255 @ 0.06075508 = 15.4925 BTC [+]
gribble: Error: invalid syntax (<string>, line 1)
gribble: Error: invalid syntax (<string>, line 1)
gribble: Error: "goxfag" is not a valid command.
assbot: [BTCTC] [RSM] 1 @ 0.00899 BTC [+]
assbot: [BTCTC] [RSM] 19 @ 0.009 = 0.171 BTC [+]
assbot: [MPEX] [WHITEHOUSE] 1 @ 0.1337 [+]
jurov: !ticker m whitehouse
assbot: I don't give a shit who saw what and who did what or who did who.
gribble: BTCUSD ticker | Best bid: 36.16249, Best ask: 37.00000, Bid-ask spread: 0.83751, Last trade: 37.00000, 24 hour volume: 167512.14667412, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.08314
jurov: ineresting, bitcoinity thinks lag is 18s and price going up to 38
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.18362231 = 183.6223 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20334305 = 203.3431 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.22478093 = 224.7809 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.24796781 = 247.9678 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29181519 = 291.8152 BTC [-]
AndroUser512: But for real did something notable happen or is this a good ole correction? Im mobile n cant research atm
gribble: BTCUSD ticker | Best bid: 37.14195, Best ask: 39.47423, Bid-ask spread: 2.33228, Last trade: 39.47423, 24 hour volume: 168473.22517826, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.05309
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.92096486 = 920.9649 BTC [+]
jurov: AndroUser512 Maybe something behind scenes with coinlab or so.
gribble: Error: "gox" is not a valid command.
gribble: BTCUSD ticker | Best bid: 39.47800, Best ask: 39.87296, Bid-ask spread: 0.39496, Last trade: 39.87296, 24 hour volume: 164990.11107081, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.09008
Chaang-Noi: okay we need to really start a collection fuind for mt gox to get them new hardware...
Chaang-Noi: also is it not a hardware issue? where they hacked?
mircea_popescu: if you can't get a forum to run stable out of > 100k usd, mtgox is outside of what the world can affoerd
Chaang-Noi: i wonder if theymos just kept/spent the fourm money, his plan of fractional reserves i was lik ewtf...
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.92093144 = 920.9314 BTC [-]
Chaang-Noi: he was going to let people hold some of the funds but let them spend them...
Chaang-Noi: i was thinking yeah, he is doing that so he can, its retarded
dub: he's best buddies with interscamgo and nefario
dub: so its probably invested there
Chaang-Noi: he is no longer friends with nefario lol
dub: be great if he could refund me
Chaang-Noi: he was just saying how if neferio lost his keys theymos cant release the money
assbot: [MPEX] [S.MPOE] 10650 @ 0.00072486 = 7.7198 BTC [-]
gribble: BTCUSD ticker | Best bid: 37.91161, Best ask: 38.00000, Bid-ask spread: 0.08839, Last trade: 38.00000, 24 hour volume: 166111.09431322, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.05643
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.14910824 = 149.1082 BTC [-]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.16554201 = 165.542 BTC [-]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.18359431 = 183.5943 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20331669 = 203.3167 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.22475653 = 224.7565 BTC [-]
assbot: [MPEX] [O.BTCUSD.C330T] 1000 @ 0.24794567 = 247.9457 BTC [-]
assbot: [MPEX] [O.BTCUSD.C310T] 1000 @ 0.29181519 = 291.8152 BTC [-]
Namworld: I'm freakin exhausted by this freakin never fixed lag issues.
Namworld: It just keeps happening again and again and again
mod6: well, there are 69,000 people hitting refresh on gox
Chaang-Noi: yeah im doing f5 over and over about as fast as i cant type :)
Namworld: Should hardly be an issue with a proper setup.
Namworld: With on demand nodes filling in for demand.
jurov: yea, but nobody was around to explain them what happened for 2 hours
jurov: that's abput their attn span
dub: wait noagendamarket is eskimobob?
pigeons: he's not but that would be good
jurov: Chaang-Noi, no it was just bought by coinbr
pigeons: us mpex customers now need to use coinlab
Chaang-Noi: cant take this trolling before coffee:)
jurov: Chaang-Noi read my comment on reddit
Namworld: so mpex.co now redirects to whitehouse.gov
Namworld: you can access using mpex.coinbr.com for now
dub: jurov: how about my comment
Namworld: only the mpex.co frontend is being DDoS'ed
Chaang-Noi: oh lol, they redirected the attack to the whitehouse? is that a good idea? :)
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.14908358 = 149.0836 BTC [-]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.16551813 = 165.5181 BTC [-]
dub: we have had no word of a drone strike to date
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.18357148 = 183.5715 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.20329519 = 203.2952 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.22473663 = 224.7366 BTC [-]
jurov: Namworld if this causes to overstep my bitvps bandwidth, or causes bitvps to be included in ddos outright
assbot: [MPEX] [O.BTCUSD.C330T] 18 @ 0.24792761 = 4.4627 BTC [-]
dub: eww coinbr is on bitvps?
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.9209042 = 920.9042 BTC [-]
mircea_popescu: Chaang-Noi what can it hurt ? ddoser gets to be first drone victim ?
Chaang-Noi: mp, they might think you are part of the attack
Chaang-Noi: i know how americans with drones think....
jcpham: just say you meant whitehouse.com
Chaang-Noi: not that anything will come of it but still
Chaang-Noi: hmm, i highly doubt they can get decent evidance from this chan
gribble: BTCUSD ticker | Best bid: 41.00000, Best ask: 41.92000, Bid-ask spread: 0.92000, Last trade: 41.00000, 24 hour volume: 167242.60774519, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.02128
Chaang-Noi: in a stong bull market corrects are sharp and fast bowjob
jurov: in case of drone strike i'm using human shield
Bowjob: none of this bullshit panic buy and sell
Chaang-Noi: oh, i thought we were going to buy back in at $36?
jurov: they have built here insanely dense residential blocks , like 10k people per square kilometer
Bowjob: I got burned 800 dollars
jurov: and i'm sitting inthe middle
dub: jurov: ask pakistan how that worked out
Bowjob: well it was unrealized gain
Bowjob: some of my classmates have babies now
Bowjob: i've known them since second grade.. i still remember those days
Bowjob: no, just saying. if i could wake up as a third grader, i could blend in
Bowjob: just with 12 extra years of exp
Chaang-Noi: would be odd trying to date a 3rd grader however...
jurov: at least such casualties need obama's signature. mircea i doubt you have 30 girls around you in the mansion at all times
mircea_popescu: While slavery is illegal across the globe, the SumAll Foundation noted, there are 27 million slaves worldwide, more than in 1860, when there were 25 million.
Chaang-Noi: Sexual slavery brings the slave’s owner $18,000 over the slave’s working life in Thailand (this used to be a big problem, they used to go around in van and steal kids)
Bowjob: it woulda nice to panic sell for a bit
Bowjob: mammon has a huge grip on us
Bowjob: we are all going burn in hell for it. might as well enjoy life
mircea_popescu: !!Please note!! that the Bitcoin value is changing in daily basis! Therefore the price might also change if the invoice is not paid right away!
mircea_popescu: Error getting json fileThe current exchange rate we accept for Bitcoin:
grubles: i, too, have heard the sec watches this chan
pigeons: I heard they are wondering about goat
pigeons: they want some insured pass through
Chaang-Noi: yeah, that insured ppt cost me pigeons, that was some fail
dub: namecheap takes btc nao
dub: and does hosting in addition to names
Chaang-Noi: i heart namecheap cant wait to pay next bill
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.91731637 = 917.3164 BTC [-]
Chaang-Noi: glad we got that correction out of the way
Bowjob_: that was merely a bear trap
mircea_popescu: # You did not enter your first name # You did not enter your last name # You did not enter your email address # You did not enter your address (line 1) # You did not enter your city # You did not enter your state # You did not enter your postcode # You did not enter your phone number # You are required to enter a security answer # You did not enter a password # Date of Birth is required #
jurov: you forgot gender and boob size
[\\\]: didn't pirate say the same thing?
jcpham: maybe i've heard gmaxwell say it too
jcpham: you think they are all the same person [\\\]
dub: gavin gonna jump ship
Chaang-Noi: lol war in the dev leadership we dont know about?
dub: sould you want to work with those toolbags?
gribble: BTCUSD ticker | Best bid: 41.50001, Best ask: 41.90000, Bid-ask spread: 0.39999, Last trade: 41.90000, 24 hour volume: 169395.11137261, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.01063
gribble: BTCUSD ticker | Best bid: 41.50001, Best ask: 41.90000, Bid-ask spread: 0.39999, Last trade: 41.90000, 24 hour volume: 169388.95028261, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.01069
Bugpowdrrr: probably will fade back down from here...
Chaang-Noi: gavin just seemed like grumbelinz, but you know he has coins.. he gots to be a rich guy by now
Chaang-Noi: i dont know he has coins, but i highly suspect
Bowjob_: well he probably has coins since he gave away a fuckton
assbot: [MPEX] [S.MPOE] 21961 @ 0.00075 = 16.4708 BTC [+]
Bowjob_: its a good bet to assume he has tons of it
gribble: BTCUSD ticker | Best bid: 41.59217, Best ask: 41.59320, Bid-ask spread: 0.00103, Last trade: 43.90000, 24 hour volume: 169891.04250013, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.01660
Bugpowdrrr: And MPOE is probably down 5k right now.
Namworld: Oh... right... price is low... can't be purchases
[\\\]: I see we had a 30% swing in the price today
[\\\]: I hope people realize just how shallow the kiddie pool still is
Bugpowdrrr: Customers made money on the calls right?
Namworld: Apparently not, price is popping right back up.
Bugpowdrrr: the short put covering was pretty big too thoguh
Bugpowdrrr: Wasn't watching. Eat dinner. Was a good day for me :)
Bugpowdrrr: Now if we blast thru 50, I will be seriously impressed.
dub: network is still pretty hosed
Bugpowdrrr: I made a few transfers today, no problem at all
dub: currently 2.5k unconfirmed
dub: still some scope for confidence trashing news hits
dub: gox is still lagged by 8 minutes
dub: mpex still hacked by the gubbermint
gribble: BTCUSD ticker | Best bid: 43.00000, Best ask: 43.01000, Bid-ask spread: 0.01000, Last trade: 43.00000, 24 hour volume: 167804.82008240, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.03618
assbot: [MPEX] [S.DICE] 1569 @ 0.0046 = 7.2174 BTC [-]
Bugpowdrrr: bitcoinity is really holding up the best in these tough conditions
Chaang-Noi: thats where im at, i tipped him yesterday
Chaang-Noi: frolm the site whiskey fund: 1EWjHKPYGAJ3v5LnDyBo3Fn1PFsazBstqk |
Chaang-Noi: i sent .1337 should buy him a beer or two
dub: its been down for like a year though right?
gribble: There are currently 18888.341 bitcoins offered at or under 49.0 USD, worth 892422.114396 USD in total. | Data vintage: 0.0024 seconds
gribble: BTCUSD ticker | Best bid: 42.60000, Best ask: 43.01009, Bid-ask spread: 0.41009, Last trade: 43.02000, 24 hour volume: 168407.58530743, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 43.04250
assbot: I don't give a shit who saw what and who did what or who did who.
mircea_popescu: ^OIX: "7d": {"avg": "4711973083","min": "3024713516","max": "4855255527","vsh": "no","vsa": "2.56240676575E+12","cnt": ""}
Chaang-Noi: mp how much is a slave in romania, i feel too rich/lazy to do my work...
mod6: (17:16) <@assbot> [MPEX] [WHITEHOUSE] 1 @ 0.1337 [+]
mod6: and yeah +1 on "WE NEED A MOTHERFUCKING EXCHANGE"
mod6: we need like 3 that are all independant of eachother
mod6: and good ones that don't fucking break when a guy wants to sell a few, or more.
mod6: and then with MPEx serving up options and futures, we'll have a nice little btc finance ecosystem
mod6: but all of this reliance on gox is for the birds.
dub: I've been waiting a long time for someone to simply dos gox for a few weeks
dub: completely kill bitcoin
pgp: hopefully coinlab will be able to "improve" the mtgox experience...
pgp: smaller exchanges are starting to get some traction, though...
pgp: bitfloor and bitstamp do a decent job of it...
Bugpowdrrr: that was more violent than expected though
dub: someone needs to tell gox
gribble: Time since last block: 40 minutes and 10 seconds
mod6: (19:12) < dub> I've been waiting a long time for someone to simply dos gox for a few weeks << exactly.
gribble: Time since last block: 41 seconds
gribble: There are currently 2015.0753 bitcoins demanded at or over 35.0 USD, worth 70734.225723 USD in total. | Data vintage: 0.0052 seconds
dub: bitcoincharts feed has been dead for an hour
Namworld: [22:19] <@gribble> There are currently 2.189923 bitcoins demanded at or over 36.0 USD, worth 82.4772267629 USD in total. | Data vintage: 17.4769
Namworld: [22:19] <@gribble> There are currently 181.27547 bitcoins offered at or under 42.0 USD, worth 7608.18637359 USD in total. | Data vintage: 35.9463 seconds
Namworld: I just checked on OTC. These spreads are ridiculous
dub: I wouldnt trust that
dub: there is basically no way of knowing what the price is
Namworld: Maybe delayed... but clarkmoody shows the same
Namworld: It looks like the spread is gone
dub: the gox trade page has 0.04 spread
Chaang-Noi: i think people just cant make orders at gox, so no vol so crazy movements
Namworld: dub: so does clarkmoody says, 0.04 spread
Bugpowdrrr: .04 spread on the orders that were placed 10 minutes ago. What about the population that is in the queue ahead of you?
dub: the entire bitcoin economy is a casino at this point
dub: price is some random value between 33 and 49
Chaang-Noi: yeah... it will stabilize around $1000 in a few years...
Namworld: These swings will undo all the adoption by serious businesses at this rate.
dub: as I keep saying, inb4 $2
mod6: mtgox must go away after this
dub: its been worse before
dub: I dunno if its still there but at one point a 20k btc trade halted teh engine until mark woke up and confirmed it
mod6: yeah, but something better must be constructed, and then have peers that are the same in construction
dub: as in, its a hard coded failsafe
Namworld: MtGox doesn't need to go. Just replace the hardware. It appears they are running on a Commodore 64 currently.
mircea_popescu: they're spending something like 10k a month on hardware.
dub: its not the hardware its teh retard driving it
mircea_popescu: which is you kniow... more than the market cap of all but a few bitcoin businesses.
mod6: i guess maybe for the hosting... *shrug*, but its got to be rebuilt better
mircea_popescu: i dunno why i went ahead and used them as a pp for some obscure host
mircea_popescu: 7 confirms, "There are not enough bitcoins on this address."
mircea_popescu: in spite of you know, having showed it "about to confirm" earlier.
gribble: BTCUSD ticker | Best bid: 41.36000, Best ask: 41.89000, Bid-ask spread: 0.53000, Last trade: 41.89000, 24 hour volume: 181522.58600462, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.83448
gribble: BTCUSD ticker | Best bid: 40.31407, Best ask: 40.95000, Bid-ask spread: 0.63593, Last trade: 40.95000, 24 hour volume: 181582.58134847, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.83060
Bowjob: can we go to 50 please
Bowjob: I feel that I should get a bit more than 0.3 for winning the bet. sigh
gribble: Current Blocks: 224620 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 1171 blocks | Next Difficulty In About: 1 week, 0 days, 12 hours, 9 minutes, and 13 seconds | Next Difficulty Estimate: 4738813.84956 | Estimated Percent Change: 8.49241
gribble: There are currently 22518.834 bitcoins offered at or under 49.0 USD, worth 1059107.62381 USD in total. | Data vintage: 0.0025 seconds
Bugpowdrrr: Protip : when the price is up more than $10 in a day, sell some.
Bowjob: yep sell some USD to buy BTC
assbot: [BTCTC] [S.DICE-PT] 9 @ 0.00549 = 0.0494 BTC [+]
dub: pitty it didnt say 'so I whipped up assbot api integration'!
mircea_popescu: who was saying this bitcoinity thing is the best since sliced mpex ?
dub: heh apparently SA hacked mpex
dub: yeah back up to 3k unconfirmed
dub: you need to beat s.deuce fee of .001 to play bitcoin now
assbot: [BTCTC] [S.DICE-PT] 6 @ 0.00549 = 0.0329 BTC [+]
gribble: BTCUSD ticker | Best bid: 41.25430, Best ask: 41.30000, Bid-ask spread: 0.04570, Last trade: 41.25330, 24 hour volume: 180985.14101528, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.80335
assbot: [BTCTC] [BTC-BOND] 100 @ 0.00999 = 0.999 BTC [+]
assbot: [BTCTC] [GSDPT] 100 @ 0.0051 = 0.51 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4645 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.1537 = 0.3074 BTC [-]
gribble: BTCUSD ticker | Best bid: 40.80000, Best ask: 40.90102, Bid-ask spread: 0.10102, Last trade: 40.80000, 24 hour volume: 182448.07724014, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.76346
Bowjob: actually i cant complain lol
Bowjob: we need more good news
Bowjob: how about warren buffer dumping 1 bil to play with
assbot: [BTCTC] [GSDPT] 608 @ 0.005 = 3.04 BTC [-]
assbot: [BTCTC] [GSDPT] 7 @ 0.005 = 0.035 BTC [-]
assbot: [BTCTC] [GSDPT] 8 @ 0.0049 = 0.0392 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.0048 BTC [-]
assbot: [BTCTC] [GSDPT] 50 @ 0.0044 = 0.22 BTC [-]
assbot: [BTCTC] [GSDPT] 10 @ 0.0044 = 0.044 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.00261 BTC [-]
Namworld: We're in the bulltrap/return to normal
Namworld: I'm saying hello to 16-18 USD/BTC already
Bowjob: wall street didn't play yet
Namworld: if we're at that part of the bubble, we didn't start going parabolic yet... and what we've seen so far is "slow growth"
Namworld: So we'd hit like 10 000 USD/BTC at the peak or something...
BitHub: i thought that was wall street the last few days?
BitHub: i wonder how merchants went today that do pricing
Namworld: Seriously, why would the whole world suddenly adopt Bitcoins? It doesn't solve any of their problem nor is it convenient for their daily transactions.
Namworld: We reached the top of the speculative bubble with the near 50 USD/BTC today
BitHub: i dont think the whooooole world
BitHub: but its very good replacement for credit cards
assbot: [MPEX] [S.DICE] 100 @ 0.0046 = 0.46 BTC [-]
gribble: Error: Failure to retrieve ticker. Try again later.
gribble: BTCUSD ticker | Best bid: 40.39000, Best ask: 40.40002, Bid-ask spread: 0.01002, Last trade: 40.60000, 24 hour volume: 181729.26901555, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.70517
gribble: BTCUSD ticker | Best bid: 40.80001, Best ask: 40.84934, Bid-ask spread: 0.04933, Last trade: 40.80000, 24 hour volume: 182163.30359383, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.69988
Bowjob: 49.09, the high of 2013
Namworld: I haven't seen the orderbook looking bearish like that since forever.
Chaang-Noi: still we are over $40 we were 12 at the new year
Chaang-Noi: im damn pleased with anything stable over 30
assbot: [MPEX] [S.DICE] 200 @ 0.0046 = 0.92 BTC [-]
gribble: BTCUSD ticker | Best bid: 40.75068, Best ask: 41.00000, Bid-ask spread: 0.24932, Last trade: 40.75068, 24 hour volume: 181704.41636332, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.68779
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.14351396 = 143.514 BTC [-]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.1597016 = 159.7016 BTC [-]
gribble: BTCUSD ticker | Best bid: 40.93627, Best ask: 41.00000, Bid-ask spread: 0.06373, Last trade: 41.00000, 24 hour volume: 181664.32887886, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.68317
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.17755199 = 177.552 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.19711386 = 197.1139 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.21844012 = 218.4401 BTC [-]
Bowjob: nvm it confirmed now. 2 hour wait
Namworld: I received one with 0 fees... it's just not getting included at all no matter how long I wait...
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.21 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.20704 BTC [-]
Bowjob: should raise the min fee on dice
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.345 = 0.69 BTC [+]
assbot: [MPEX] [S.MPOE] 12900 @ 0.00074252 = 9.5785 BTC [-]
assbot: [MPEX] [S.MPOE] 1750 @ 0.00073731 = 1.2903 BTC [-]
gribble: BTCUSD ticker | Best bid: 41.50540, Best ask: 41.54691, Bid-ask spread: 0.04151, Last trade: 41.54691, 24 hour volume: 185495.99289508, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.64250
gribble: Time since last block: 3 minutes and 59 seconds
assbot: [MPEX] [S.MPOE] 17650 @ 0.00075 = 13.2375 BTC [+]
gribble: BTCUSD ticker | Best bid: 41.96634, Best ask: 41.96636, Bid-ask spread: 0.00002, Last trade: 41.96634, 24 hour volume: 185593.98262870, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.64002
gribble: BTCUSD ticker | Best bid: 42.10081, Best ask: 42.10082, Bid-ask spread: 0.00001, Last trade: 42.10082, 24 hour volume: 185130.68959519, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.63475
Bowjob: we need satoshi to go back
Bowjob: and fix the blocksize limit
Bowjob: just like the dude who sent 94 BTC as tx fee
assbot: [MPEX] [S.MPOE] 13424 @ 0.00075 = 10.068 BTC [+]
Bowjob: wheres that topic again
Bowjob: of the dude who sent 94 BTC as tx
maximian: who can think that BTC is ready for primetime with all these service failures
maximian: needs another year in the oven
Chaang-Noi: <neofutur> 02:08 <@MagicalTux> Blitzboom: we're working on some changes that will improve this a lot
Chaang-Noi: <neofutur> 02:08 <@MagicalTux> we're pushing this urgently (but still after testing), so whithin next 24 hours
Chaang-Noi: <neofutur> probably this update is being pushed to prod
Chaang-Noi: <neofutur> and it will be back within hours
Chaang-Noi: if you get a trade done in 30 mins seems you are lucky :/
Chaang-Noi: however now it is starting to flow a bit
gribble: BTCUSD ticker | Best bid: 42.08002, Best ask: 42.40000, Bid-ask spread: 0.31998, Last trade: 42.40000, 24 hour volume: 177673.50153615, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.48382
Ukto: with the changes i setup tonight
Ukto: I was just taking a quick break from the big project
Bowjob: I call that.. the bear trap
gribble: BTCUSD ticker | Best bid: 42.20000, Best ask: 42.40000, Bid-ask spread: 0.20000, Last trade: 42.20000, 24 hour volume: 177432.50058775, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.47390
Enky: 440 sec lag? eternity...
assbot: [MPEX] [S.DICE] 7411 @ 0.0046 = 34.0906 BTC [-]
assbot: [MPEX] [S.DICE] 389 @ 0.00469999 = 1.8283 BTC [+]
assbot: [MPEX] [S.DICE] 1200 @ 0.0048 = 5.76 BTC [+]
gribble: BTCUSD ticker | Best bid: 42.90001, Best ask: 42.95100, Bid-ask spread: 0.05099, Last trade: 42.90001, 24 hour volume: 175372.31802034, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.41063
assbot: [HAVELOCK] [KCIM] 4 @ 1 = 4 BTC [+]
assbot: [HAVELOCK] [KCIM] 3 @ 1 = 3 BTC [+]
gribble: BTCUSD ticker | Best bid: 44.01590, Best ask: 44.12068, Bid-ask spread: 0.10478, Last trade: 44.01590, 24 hour volume: 177965.13484133, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.40520
Chaang-Noi: movement at gox, and the direction is up
gribble: BTCUSD ticker | Best bid: 44.17120, Best ask: 44.20001, Bid-ask spread: 0.02881, Last trade: 44.39000, 24 hour volume: 177233.90169868, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.37772
Anduck: IT SHOULD BE 60 USD ALREDY
assbot: [MPEX] [S.MPOE] 10000 @ 0.00075 = 7.5 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 19 @ 0.65 = 12.35 BTC [-]
assbot: [MPEX] [S.MPOE] 50000 @ 0.00075 = 37.5 BTC [+]
Chaang-Noi: for all we know gox is hand picking the trades
mircea_popescu: mpoe hasn't been quoting for like 6 hours because it can't get a coherent feed
Anduck: i heard mpex got ddos'd
Anduck: well, anything you will do to stop it?
mircea_popescu: they've been playing muscial chairs for what, 12 hours now ?
Anduck: so your isp dont know how to absorb a ddos?
Anduck: but isp should know how to fix it
Anduck: its shitty job but they should get it done by now
mircea_popescu: sorta like the doctor should know how to make you healthy, right ?
Anduck: well i am 100% sure i know way more about these things than you do.
mircea_popescu: what difference does it make anyway ? you're so desperate to read my blog today rather than tomorrow ?
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.33317 = 0.6663 BTC [-]
Anduck: no but it's just funny cuz you said "mpex cant be taken down"
Anduck: or smth similar - in your blog, yes
Anduck: is it unusable right now-+-
Anduck: where would i see that?
mircea_popescu: <assbot> [MPEX] [S.MPOE] 50000 @ 0.00075 = 37.5 BTC [+]
mircea_popescu: that's kinda the idea. i saidf before a government couldn't take it down.
assbot: [BTCTC] [S.MPOE-PT] 134 @ 0.0007 = 0.0938 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 15 @ 0.00182 = 0.0273 BTC [-]
assbot: The eagle never lost so much time as when he submitted to learn from the crow.
Anduck: mircea_popescu: where can i see bid/ask of s.mpoe?
mircea_popescu: "S.MPOE": {"1d": {"avg": "74815.940534","min": "69034","max": "75000","vsh": "4149547","vsa": "310452261595","cnt": "41"}, "7d": {"avg": "74981.9993279","min": "69034","max": "78628","vsh": "11012234","vsa": "825719322387","cnt": "218"}, "30d": {"avg": "68500.398679","min": "61530","max": "78628","vsh": "65503018","vsa": "4486982847676","cnt": "5975"}},
maximian: which is also in the channel topic :)
Anduck: mircea_popescu: did someone buy s.mpoe a lot?
Anduck: i think i saw it at like 0.00060 or smth
assbot: [BTCTC] [BTC-BOND] 2 @ 0.00986 = 0.0197 BTC [-]
assbot: [BTCTC] [BTC-BOND] 48 @ 0.00982 = 0.4714 BTC [-]
Anduck: you took the wall off?
Anduck: no way all 10,000,000 was bought?
BitHub: Hey, i'm with my friend and he wants to know how did Satoshi gain his powers?
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.01552 = 0.0621 BTC [-]
BitHub: he doesn't believe me that sataoshi blew himself up with his mind
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.1394 = 0.2788 BTC [-]
gribble: BTCUSD ticker | Best bid: 44.01000, Best ask: 44.10000, Bid-ask spread: 0.09000, Last trade: 44.50000, 24 hour volume: 173347.40604858, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.30310
assbot: [MPEX] [S.DICE] 58800 @ 0.0048 = 282.24 BTC [+]
assbot: [MPEX] [S.DICE] 5851 @ 0.0055 = 32.1805 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00564998 = 5.65 BTC [+]
assbot: [MPEX] [S.DICE] 400 @ 0.005769 = 2.3076 BTC [+]
assbot: [MPEX] [S.DICE] 157 @ 0.005779 = 0.9073 BTC [+]
assbot: [MPEX] [S.DICE] 189 @ 0.005789 = 1.0941 BTC [+]
assbot: [MPEX] [S.DICE] 2504 @ 0.00578949 = 14.4969 BTC [+]
assbot: [MPEX] [S.DICE] 500 @ 0.00579999 = 2.9 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00579999 = 5.8 BTC [+]
assbot: [MPEX] [S.DICE] 9376 @ 0.00584168 = 54.7716 BTC [+]
assbot: [MPEX] [S.DICE] 223 @ 0.00588401 = 1.3121 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00596 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.00597 = 0.0597 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.00545 = 0.1363 BTC [-]
assbot: [BTCTC] [GSDPT] 19 @ 0.00599 = 0.1138 BTC [+]
Anduck: did asicminer pay divs?
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.00545 = 0.0273 BTC [-]
Chaang-Noi: so are we back to normal at gox, vol is okay?
Chaang-Noi: yeah but is trade volume back, i can live with that delay
Chaang-Noi: when downloading the block chain, will more than 4 ram spead it up or is it only the cpu that matters?
maximian: mircea_popescu where is that list of proxies again? mpex.coinbr.com isn't responding for me (I hope juror isn't under attack now)
Namworld: both mpex.coinbr.com and mpex.co seem unavailable now.
Namworld: Someone is really DDoS'ing everything
gribble: Time since last block: 3 minutes and 35 seconds
maximian: yeah looks like coinbr.com is getting the DDoS treatment
Namworld: Who the fuck has time to DDoS stuff anyway
maximian: someone who's really, really pissed off at MP
assbot: [BTCTC] [GSDPT] 42 @ 0.00599 = 0.2516 BTC [+]
maximian: MP should have received a demand by now
Namworld: If no one ever pays extortion, there goes the incentive. Anti-DDoS measures are more cost effective.
mircea_popescu: mpex servers will be offline for a few hours. we are reconfiguring the router system, putting in new optics
mircea_popescu: no need to panic, all data is safe, by the time this is done mpex will have 10gb dedicated.
Namworld: I'll hog 2 or 3 all for myself.
mircea_popescu: to avoid any possible inconsistencies in dbases i am taking the ordering offline tho.
Namworld: Guess I'll go sleep and get back to trading tomorrow then.
assbot: [MPEX] [S.MPOE] 6616 @ 0.00073732 = 4.8781 BTC [-]
assbot: [MPEX] [S.MPOE] 2834 @ 0.00073731 = 2.0895 BTC [-]
jurov: coinbr has network dificulties, but it doesn't look like attack
gribble: BTCUSD ticker | Best bid: 43.65507, Best ask: 43.99100, Bid-ask spread: 0.33593, Last trade: 43.65507, 24 hour volume: 169564.38034507, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.22189
gribble: BTCUSD ticker | Best bid: 43.50000, Best ask: 43.54000, Bid-ask spread: 0.04000, Last trade: 43.54000, 24 hour volume: 170125.43926848, 24 hour low: 33.30000, 24 hour high: 49.09900, 24 hour vwap: 42.22377
Ukto: BF last 24hrs, over 450btc vol
jurov: so mpex is completely offline now, right?
kakobrekla: you can send a sign order via snail mail
jurov: okay... just situational awareness
jurov: and next time i meet Namworld i do something nasty to him
jurov: he knows coinbr is on bitvps, plus i reminded him yest
jurov: but he was talking about it being attacked as if it was no concern for him
deadweasel: a bunch of emotionally drained bitcoin crazed monkeys.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.18001 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.18001 BTC [-]
jurov: mircea_popescu, it's still not clear it it was really me
jurov: [18:31] <arij> yea there is a massive amount of traffic hitting the node
mircea_popescu: CoinBr under maintenance/overhaul, should be available before March 8. Contact us on support()coinbr.com .
jurov: well, this is new server. the original one is not reachable
jurov: should it stay unreachable, i'll install everything there
mircea_popescu: it's funny, last year the forum crowd was all aggitated about "o, da gubbinmint"
mircea_popescu: i knew then that it's not the freaking government that'll be the issue on the midterm.
mod6: yeah, I might give out my second neg rating to Luke-Jr
mod6: all his nonsense about SD spamming the blockchain
mod6: and the fact that he published some mining code that breaks protocol and promotes it to other miners.
mircea_popescu: going out of your way to politically rate people... meh. not so much.
mod6: i dunno what to call it if I rate him down, but im tired of this shit.
mircea_popescu: what difference does it make to you tho ? there's going to be an onion in any soup
mircea_popescu: do you mind that it's called Luke-Jr or whatever else ?
mod6: i can't articulate myself enough -- im just against all his SD blockchain spamming bullshit
Luke-Jr: you'd rather see SD flood Bitcoin to death
mod6: i've been reading all this btctalk stuff today, and he's just wrong about SD spamming. just because he'd design SD differently.... or believes that gambling is immoral because he loves jesus.
mircea_popescu: Luke-Jr dude, still with this ? sd is the only thing happening on bitcoin, forget about it already.
error4733: if blockchain can't support SD now, what happen with 1M user ?
Luke-Jr: no, it's a mod6-is-a-troll issue
mircea_popescu: this wouldn't be by any chance related to the girl bitchslapping that hearn muppet earlier, would it ?
mod6: im not trolling shit motherfucker
Luke-Jr: error4733: 1M user with 1000 tx/sec is easier than 10 users with 1000 tx/sec
error4733: all bs, erik is right, better now than to late
mircea_popescu: 1M user with 1000 tx/sec is easier than 10 users with 1000 tx/sec <<< you can't even distinguish users apart.
Luke-Jr: error4733: 1mil users can provide infra for 1000 tx/sec; what we have today, no way
mircea_popescu: i can make 1mn txs right now, you won't be able to produce an accurate usercount.
Luke-Jr: mircea_popescu: it's easy. just go to #bitcoin and ask SD players to PM you.
mircea_popescu: hahaha, if you think retail users will run that braindamaged abomination called "the bitcoin client" you're off your rocker.
mircea_popescu: if there were 1mn users drawn to bitcoin because of satoshi dice, they'd just run piuk's wallet into the ground, and you'd whine about how "blockchain is spamming the network"
mircea_popescu: this sort of internecine bullshit may be appropriate in fringe churches of weird and other midwestern concerns
mircea_popescu: but it does not belong in technology. technology is for smart people.
Luke-Jr: I don't care who it is, if they flood the network it's miners' job to filter them out
mircea_popescu: you literally have no idea what you are talking about.
Luke-Jr: mircea_popescu: you'd better leave then
Luke-Jr: after all, technology is for smart people..
Luke-Jr: not anarchist lunatics who can't figure out the most obvious legal scenario
mircea_popescu: best i can make out you're a concern troll with a checkered past.
assbot: [MPEX] [S.MPOE] 4298 @ 0.00072873 = 3.1321 BTC [-]
mircea_popescu: looking through the forum digests this is motherfucking sad
mircea_popescu: Gateway capacity trouble at Coinbase? Is anyone else having problems with Bitme deposits? Mt.Gox Payment system problem What the fuck Bitfinex? MtGox should halt trading when Order Lag time is this long. Anyone's bitfloor deposits working?
mircea_popescu: and the cherry on top, Website performance is going to be the bane of many n00bs when it's time to sell
deadweasel: bugpowder and I were all jammed up about goxlag of 10 minutes
mircea_popescu: at some point they were pasting half hour old trades out of order into the feed
BTCTrader2: what are people using for cli? is it faster?
jurov: mircea_popescu , is there any place for mpex chinese/pakistani users to inquiry about the outage?
jurov: one dude came and seemd completely out of his mind
jurov: yes. he's gone now.
mircea_popescu: awww that poor dude was sending me crazed messages too.
mircea_popescu: but to sum up the situation, cause i imagine many people are curious :
mircea_popescu: mpex consists of a trade server and webservers which the users talk to.
mircea_popescu: if you look at it practically these webservers are practically proxies.
mircea_popescu: there is five of them sharing two gigabit uplinks through a balancer.
mircea_popescu: the first time mpex was ddosed in january the attack took out the actual datacenter top level router.
mircea_popescu: there were two more layers of routing to get to the router that handled the webservers.
mircea_popescu: now, the reason admittedly was that the thing was a little old and kidna loaded. but still.
mircea_popescu: so at that time i split the tubes up north/east, and started a bunch of proxies
mircea_popescu: since the attack started yesterday a total of 100+ of these were taken offline.
mircea_popescu: granted, it's not easy to blow up a small shared setup like that.
mircea_popescu: but somebody did have the determination to spend a day and a half looking for them, setting up the ddosing for them individually bla bla.
mircea_popescu: the thing with that system is that it works by division. if there's 100 of them there jurov can stay online.
mircea_popescu: if there's 9 left the remainder ddos is available to hit him
mircea_popescu: i could allow anyone to start a proxy right now, the trade server is fine, etc. the problem is
mircea_popescu: you'd be nuked in half an hour or something, and it's just hassle.
mircea_popescu: now, a humongo 10gb dedicated solution is being set up as we speak
mircea_popescu: i had this sort-of prepared, but not actually provisioned and ready because the shit is expensive
imsaguy: so you're having more babies to win the war?
mircea_popescu: imsaguy the alternative is handle mpex trades by email.
Diablo-D3: email, the original next generation mail queue
imsaguy: how about mpex trades via telnet?
Diablo-D3: I wonder if that makes uunet the original original message queue
mircea_popescu: (and i don't think they have enough to cope, but maybe)
Diablo-D3: I could name a box "chicks" and name a user "i"
mircea_popescu: imsaguy yeah. last i talked to nanotube he was like "i don't want this in production handling opm"
imsaguy: I'm not saying graft onto gribble
imsaguy: and then the bot filters anything not formed as url
imsaguy: second line is it only parses text
Diablo-D3: mircea_popescu: dude, just use perl
mircea_popescu: all you have to do is take urls from people and feed them into server as pgp strings
imsaguy: the code for reading pastebin to gpg
jurov: waitwhat? ppl will publish urls to encrypted orders on irc to be picked up by mpoe bot?
jurov: lol you should accept clearsigned orders, too, then.
Chilca: mircea_popescu: Can I help you guys with the infrastructure for the site?
wiggzz: so coinbr and mpex are down?
wiggzz: ok. no worries, thanks
Chilca: mircea_popescu: are you having a DDOS attack? what's the problem.
mircea_popescu: yes. read up the chat i just explained it 5 minutes ago
Chilca: I just joined. Pastebin will be great
mod6: Any paste or usage pattern not related to that goal which results in unusually high traffic will be flagged for investigation.
mod6: this could become a problem
mod6: as well, is it a good idea to store everyones cyphertexts indefinately?
jcpham: yes thank you my vps is fubar
mircea_popescu: but if someone breaks pgp in 2049, what do they get ? a lot of BUY|S.BLABLA|350|45000 ?
mod6: yea. i just figure maybe having our asses hanging in the breeze is a great oppertunity for the NSA to try to extract data on a sort of chosen cypertext attack
imsaguy: that why you expire the pastebin
imsaguy: it only needs to live for <10 minutes
mircea_popescu: mod6 listen, the pastebins would be encrypted with mpex key
mod6: ok imsaguy, that should work
mircea_popescu: you can take a string and encrypt it with mpex key right now
jurov: jcpham, now imagine they could have started resolving it 6 hours earlier
jurov: if namworld was able to remember that coinbr in on bitvps
mircea_popescu: and contrary to what everyone thinks, great ideas also need sane management to get anywhere.
jurov: mircea i'm speaking about bitvps to jcpham
jurov: can't get over it... namworld said "o mpex.coinbr.com has problems, prolly ddos" and he went to sleep
jcpham: my opinion of switzerland is that it is not for critical stuff
jurov: despite i did tell him it's to be expected
mod6: im not even sure I ever noticed the pastebin expire time lol
Chilca: do you guys have a firewall on top the servers?
mod6: this is a pretty sweet idea tho imsaguy
imsaguy: mod6, I'm pretty stupid, most of the time
imsaguy: but the rest of the time, I try to make up for it.
Chilca: imsaguy: In my company we use radware to stop ddos.
Chilca: I can talk with the CEO and he can ship one to your dc if you want.
imsaguy: its hosted out of his bedroom
mircea_popescu: in the middle of installing gear so might not be the best time
imsaguy: I doubt you want in that dungeon
assbot: [HAVELOCK] [SDICE] 1 @ 0.42424242 BTC [+]
jurov: <phungus> we've found out that it is indeed coinbr.com being ddos'ed
jurov: <phungus> we've shut it all down, working on restoring everyone else, please be patient
jurov: yea, after 8 hours
jcpham: i could've told them coinbr was going to get ddos'd yesterday
jcpham: it seems like maybe you attemtped to notify them
jurov: i told namworld myself. but he's just not the right person for that.
assbot: [HAVELOCK] [SDICE] 20 @ 0.495 = 9.9 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.5 = 1.5 BTC [+]
gribble: BTCUSD ticker | Best bid: 42.50001, Best ask: 42.69899, Bid-ask spread: 0.19898, Last trade: 42.50001, 24 hour volume: 174284.00806825, 24 hour low: 33.30000, 24 hour high: 48.40000, 24 hour vwap: 41.65273
nanotube: mircea_popescu: should be pretty trivial to set up an irc bot that just takes user input and passes it along to your server. if you set it up with a cloak, attackers can't even know its ip.
nanotube: so they'd have to take down all of freenode.
nanotube: and if you use gribble/supy as base, it by default limits number of commands per user per time, so they can't even flood it out.
jurov: nanotube, imsaguy is on it
nanotube: imsaguy: heh well, just have it take a pastebin link, and pass it along to mpex.
imsaguy: but then mpex passes pgp back :p
nanotube: well, mpex passes back another pastebin link
nanotube: but there are so many pastebins out there, you can easily cycle among them
nanotube: some provide apis for pasting. like paste.debian
mircea_popescu: this of course has no bearing on the new pipe coming online.
nanotube: mircea_popescu: make sure to have the bot communicate with another secret proxy, not core server. so if bot is cracked open, they only discover one of your proxies, not real location.
dub: pastebin.com was hosed yesterday
nanotube: also, another option, mircea_popescu : set up an amazon ec instance. they give you unlimited BW, only care about disk and cpu usage.
nanotube: so if all it does is take requests and pass them on
imsaguy: the cpu can get costly if its being bogged
jurov: amazon ec, exactly what i'm doing. cool shit.
mircea_popescu: im too busy to investigate exactly wtf happned to them right now
assbot: [HAVELOCK] [SDICE] 19 @ 0.51 = 9.69 BTC [+]
nanotube: anyway, imsaguy let know if you need help. :)
deadweasel: mircea_popescu: keep your friends close... might want to sort out who/what this was
mircea_popescu: understand : this was planned for. sooner or later someone was going to attack mpex.
deadweasel: i can tell, fuckin' Rick James up in here
mircea_popescu: proving that mpex can't be effectually attacked is part of the game
jurov: deadweasel, how would you do it? it can be half of btctalk
jborkl: Hell, anyone not expecting this attack at some point was not paying attention
mircea_popescu: jborkl the only disputer was, "will it be government or not"
mircea_popescu: just the fact that traders could close > 50k btc worth of option positions normally whiole mpex was being ddosed to hell
jborkl: yeah, a few months ago Bank of America got ddos for I think 3 days
mircea_popescu: that the bot later was w/o a feed cause mtgox went bananas is a diff story
deadweasel: it was interesting to watch people show up here, get a proxy addy, then go trade.
deadweasel: they were all jibberred up, then like, ok, i'm ok now.
jborkl: this was a really good test for MPEX
deadweasel: there are no problems, only opportunities
mircea_popescu: yeah, sure, i'm not keeping 10k worth of pipe as a hot and ready to go backup, i admit
mjr_: ugh, the discussion on the forums is so fucking silly
mjr_: its like they don't understand what "free market" means
mjr_: i literally saw someone say "sdice actually gets the gambler to pay MORE fees, they should be banned"
mircea_popescu: some people were on a kick of "bitbet should charge less"
jborkl: 99% of all people are retarded
mjr_: yes, because the miners should get less money? not to mention the fact that it's about people enjoying and using bitcoins...so you will take away a popular service to further your cause?
jcpham: somewhere between the two "e" in free market, there is tiny subscript begging for gubment oversight
dub: mjr_: they're probably arguing the wrong thing but factually SD using the blockchain for accountign is retarded
mircea_popescu: dub mpex uses the blockchain for accounting a different way.
mjr_: dub: if they include fees fuck what they use it for
dub: mjr_: sanest comparison I've seen was from this channel, imagine a casine where you had to cash out and back in after every bet
mjr_: yep it is only transactions
mjr_: although i can see your point about cashing in and out...
mjr_: and i think it is a good image
mircea_popescu: the reason you cash out after every bet is that there's no "you"
mjr_: i would think of it as...does the casino not calculate your payout after each hand?
mjr_: you put money in, and then they push money back at you
mircea_popescu: thinking in terms of "you" and pretending to be involved in bitcoin is the ultimate lulz.
mjr_: mircea: to be fair, i don't think that the protocol EXCLUDES the use of a layer on top of it that could replicate "accounts"...
dub: the blockchain is not intented for this level of nanotransactions
mjr_: yes, that makes sense
dub: if you had to pay for every grain of rice you bought individually with a CC, amex would crumble too
mircea_popescu: the day we go in the marketplace with a workable solution that would crtumble amex
jborkl: Who said the blockchain is only for a certain transaction?
mjr_: dub: i feel that what they are saying is that "the blockchain shouldn't be used for individual grains of rice, so no rice for anyone"
mircea_popescu: moreover, who the fuck said what the blockchain is for ?
jborkl: who decided this nonsense
mircea_popescu: as long as it's useful for something, that's what it's for.
mjr_: it is like the internet
dub: making it take up an unrealistic amount fo resource is goign to break it
jborkl: then those people will quit
mircea_popescu: dub the only thing that's going to break it is pseudo-governmental posturing.
mjr_: what is the internet "designed" for? so university professors could share scholarly work
dub: driving fees up to counter the problem is goign to kill adoption
mircea_popescu: nobody has license to come out with the sort of bullshit "shoulds"
mircea_popescu: the only shoulds here are the devs should stfu and fix bitcoind.
dub: mjr_: yes and 'the internet' has fundamentally changed a few times to cope with scaling
mjr_: i think that there is what IS...what the market has decided
mjr_: dub: as will bitcoin
jborkl: dub are you Luke? cause this sounds like his stupid logic
mircea_popescu: jborkl i think he's trying to make sense of that position.
mjr_: think about it this way
jborkl: only biblethumperrs can use bitcoin
jcpham: pretty sure dub and Luke-Jr are same person
mjr_: there is nothing stopping miners to band together and block whatever traffic they want to
mjr_: so if it is so important, they will
jcpham: how did you figure it out mircea_popescu
dub: mjr_: yes there is, economic incentive
mjr_: exactly, the free market has decided that sdice is a good thing
dub: there is no such thing as free market
mjr_: there are all our individual choices
jcpham: implying no such thing as free will
dub: to have a free market you need informed players
mjr_: the point is that no one can say "i want to shape the future of bitcoin"
mjr_: you just need players
mjr_: that is like saying "in natural selection you can only have fast deer"
jborkl: That is fucking stupid to say, you only need participants
jcpham: the only free market i know of is freicoin
dub: we know from the abject failure of capitalism that there are not enough informed players to make it work
mircea_popescu: dub the only reason capitalism failed was because idiots with "should" abandoned it
mjr_: obviously america has not gotten a stranglehold over the world
mjr_: it hasn't worked for them AT ALL
mircea_popescu: the soviet union, the united soviets of america, the blabla
mircea_popescu: as long as people submit to natural law the take over the world.
jborkl: you cant inflate bitcon 10 million percent now can you
dub: mjr_: its not scaling
jcpham: i'm pretty sure the united nations is an illuminati sect
mircea_popescu: as soon as they start thinking they know what *should* be what
mjr_: for anyone to say that the people who came up with this system didn't get what they want is retarded
mjr_: that is the point, if what you think "should" happen, then if it really should, it will...if it shouldn't it won't
jcpham: Kim Dotcom is Satoshi Nakamoto in .... Point Break
mjr_: because if the majority agree...they do it, if they don't, you were wrong
dub: the majority don't agree
dub: the majority are not capable of participating
jborkl: the majority with money agree, the rest dont count
mjr_: um...the fact that sdice transactions are included begs to differ
dub: because they are stupid
dub: the are included now sure
mjr_: they verify the transactions
mircea_popescu: <jborkl> the majority with money agree, the rest dont count << this guy is mircea_popescu
mjr_: so if the market decides to stop then they are right
dub: the market wont decide to stop because teh mining 'market' is not informed
dub: this has been shown plenty of times
mjr_: ok...so it is not important to them to stop this
dub: it will take a technical probelm to change them
dub: which is hwat is happening
mjr_: ok, so let one come, and then they will adjust
mjr_: transactions still working
dub: sure if you accept that 6 confs doesnt take an hour anymore
mircea_popescu: "the poor aren't voting to steal from the rich because they've not been sufficiently explaining the benefits of theft"
mjr_: seriously, why does everyone feel the need to nurture something that is bigger than them and smarter
dub: bitcoin adoption as a whole may not accept that
jcpham: is atlas in here right now
jcpham: is that what just happened
mjr_: my point is that everyone votes with their mining power
dub: were people asleep yesterday?
dub: did you notice it took all day to send coin?
jborkl: only one person filters SD transactions that I know of, and his pool is dying
jcpham: dub i got my txns in before noon central
jborkl: His point of view caused that
mircea_popescu: this incidentallty shows clearly how misplaced all the sd trolling is.
dub: mircea_popescu: they raised their fee, pushing all their usually slow confirming txn to the front of the queue
mircea_popescu: the network works fine with sd. what it doesn't work fine with is the appalingly poor quality of coding
jborkl: The new bitcoin client .8, uses all cpu cores correct- where .7 only used one?
dub: mircea_popescu: it was teh tipping point for block size limit
jborkl: so, as people upgrade clients- transactions get passed faster
mircea_popescu: dub for the arbitrarily stupid 250k block limit baked in
mircea_popescu: by the sort of idiots that also broke the way bitcoind creates txns
dub: ok so we're back to the scaling argument
jborkl: I changed my client to 500, it took like 5 seconds
mircea_popescu: most of the people who had bitcoin for no reason are out, thanks to pirate and the other scasmmers
mjr__: anyways, i just am tired of hearing about what people "should" do
mircea_popescu: the problem is most of the people who think they're devs for no reason aren;t out yet.
mircea_popescu: people like gmaxwell, hearn, luke etc are just dead weight
dub: that is very much part of the problem
mjr__: i don't think they are stupid necessarily
dub: but is it easier to replace teh dev team or get SD to implement their own ledger
mjr__: i just think they are used to systems where they are in charge
jborkl: you are trying to control one thing, what aboput the next thing
mjr__: i am just saying, if you have the mining hardware, then your thoughts on this (actually your actions) may matter...no one else's opinion really does
dub: mjr__: I'm not suggesting miners will exclude SD
mjr__: i take it you don't like the Soft BP?
mjr__: I am just tired of hearing about how bad sdice is
mjr__: let's see...provided successful model for crowdsourcing anonymously? check
dub: and romantic ideals aside, this is really just a question of, will the everyman use bitcoin if its p2p'ness goes away
mjr__: gave a lot of publicity to bitcoin? check
mjr__: brought in users? check
dub: personally I think the problem will be solved differently
dub: but there is a scaling problem due to SD, you can't argue against that
mircea_popescu: then again every practical use of prototype code will expose bad code
mircea_popescu: the idea is to take the correct dev attitude "o sorry we eat c0x. working to fix"
mircea_popescu: rather than the incorrect dev attitude of "so don't do that!"
mjr__: mt gox finally got their websockets back up
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
mjr__: !ticker mpoe s.dice
assbot: The round stones beneath the earth... have spoken through the fire.
assbot: You cannot stop the clouds by the building of a ship.
assbot: Um, shouldn't you be with your own tribe or somethin'?
mircea_popescu: the correct syntax is !ticker m s.mpoe, but assbot is not talking to mpex atm.
assbot: Ah, your hair. Your hair is soft. It's like a girl's. Now how do you get it that way?
dub: mircea_popescu: so in a free market world, you should be joining the foundation, lobbying for and funding your own devs to correct the problem
mjr__: if it was worth his time or if he found it worthwihle
dub: its not like it would be unwelcome, gavin has tried to get rid of luke before
mjr__: that is the whole point of the free market, everyone does what they want
FabianB: finding good devs is not easy
mircea_popescu: if they don't follow i'm going to start my own devteam and fork bitcoin.
dub: well do that then but its chosing the harder option
mircea_popescu: the miners, the larger ones anyway, will be starting their own clients
dub: right, so much like we won't have teh market you percieve as free for much longer, bitcoin will stop working
dub: yes that is the opnly option
dub: stop carign about peoples wish for decentralisation and low fees
mircea_popescu: there's no room for the entitled poor in the new world.
dub: its still kinda one of teh selling points
dub: and with centralisation you extinguish the last facade of anonynimity
dub: so you're gettign back to being a credit card
mircea_popescu: mircea_popescu. more hardline than stalin. just... the other direction.
mircea_popescu: it never existed to begin with. pseudonimity however is just as 100% as it always was.
dub: we're not talkign about now
mircea_popescu: in my estimation, asic mining wll be a lot more decentralised than gpu mining
mircea_popescu: people like gigavps, amazingrando, hashking et all had a disproportionate share of power in the ecosystem
mircea_popescu: it was based on the shaky foundation of marginal personal ability, cause running a gpu farm is a logistic nightmare.
mircea_popescu: it did use the cheap "anyone can run a gpu" fud tactic, but in fact it was as centralised as it can get.
mircea_popescu: anyone can run an asic. so... que the end of that system.
dub: not once teh generational change has completed
mircea_popescu: it will be a case of "he who has 1000 bucks gets a vote"
mircea_popescu: instead of "he who has 200 dollars and spends his time f5-ing amazon and knows how to make fire hazard pics in his basement"
dub: you think mining will be more distributed with higher cost to play?
dub: or more solo miners?
dub: mining has been centralised since pools appeared
mircea_popescu: before the cost to play was, 200 bucks + 5k worth of computer competence.
mircea_popescu: it's just some people don't know how to account, and so the 5k "is free"
mircea_popescu: there are at least 100mn people in this world who can spend 1k dollars.
mircea_popescu: there are MAYBE 1mn people in this world who have the skills to run gpu rigs but do not have gainful employment
miscreanity: asics are plug and play - gpus required a considerable amount of experise and se to manage
mircea_popescu: unsuirprisingly, they;'re mostly mental deffecrtive / weird / marginal doods.
mircea_popescu: so our miner putative market increased by a factor of 10k%
deadweasel: I think we can all agree that the continued eating of c0x by all users/miners/devs will improve bitcoin or it's bastard children.
dub: it sounds like youa re arguing that like gamers mining on their 1-2 gpus, a lot of randoms will decide to grab an asic and mine
dub: reality is asic mining will centralise much more than gpu mining did
mircea_popescu: i am arguing that for every wanna-break the world kid / bank clerk who thinks he's a banker / duimbass kid who thinks writing "options" on a webpage makes him an options trader
dub: as soon as diff normalises its the same game
mircea_popescu: dub no because the cost to be the top dog will have went from own 500 items worth 200 each
dub: either eek out a tiny margin on your gaming rig/hobby asic or go large
jborkl: instead of "he who has 200 dollars and spends his time f5-ing amazon and knows how to make fire hazard pics in his basement <LOL
jurov: yes the debpth (bottom graph) is wtf in firefox. but in konqueror+webkit it's fine
mircea_popescu: and if you think people won't be buying asics at 1k a pop, let me tell you something :
mircea_popescu: when that hungarian scammer showed up it he was checked out the next day
mircea_popescu: there is demand. come out with an inventory of asics you will sell 10-100k units in a month if you can actuyally deliver them.
gribble: Error: "burnside" is not a valid command.
gribble: burnside was last seen in #bitcoin-assets 1 day, 22 hours, and 30 seconds ago: <burnside> I don't think so.
dub: mircea_popescu: exactly the same thing will happen as happened with gpu
ZedsterX: i have been given a free scam lightning miner 4.0 unit
jborkl: people that know what to do with them made money?
dub: when people get sick of the heat, noise and earning $2/week they will get out
dub: which will leave people who are doign ot as a business
kakobrekla: funny, 100mhash revenue in euro dollars is same as 1 year ago give or take
dub: <mircea_popescu> when that hungarian scammer showed up it he was checked out the next day
jcpham: i've been debating whether or not to run more gpu/more fpga every day
dub: I don't need to tell you that the only people who checked it out are serious miners
jcpham: i'd really like to acquire 3x singles
dub: a few extra mindless forum babies does not a decentralised verification network make
mircea_popescu: think about it : i am going to get a mining cluster which i will run for purely strategic reasons
mircea_popescu: mpex needs assurance that idiots like luke-jr stay irrelevant.
mircea_popescu: so will pretty much every single service built on top of bitcoin
assbot: [HAVELOCK] [HIM] 5 @ 1.45 = 7.25 BTC [+]
dub: if you got into mining you it would not be with one asic
mircea_popescu: dub i can calculate how many asics i need to have in order to guarantee my payments make it witin an arbitrary timeframe
dub: yes which is beyond 90% of would be miners
jcpham: strategic mining is a subject i like
mircea_popescu: jcpham i bet you in 2013 we will have special mining software allowing miner to issue orders much like ip routing tables
mircea_popescu: there will be a dedicated box preparing the mempool for mine rigs in most farms
dub: so every bitcoin merchant has a mining farm to confirm its txn
dub: hell, why not an altchain each
jcpham: i'm getting hella paid leasing my rigs then
mircea_popescu: dub if bitcoin fucks up you bet your sweet life an altchain each.
jcpham: mining cooperatives are an excellent idea
mircea_popescu: the girl hinted as much at some point arguing with the hearn&co idiot parade.
jcpham: even though everyone hates on it
mircea_popescu: soon enough there will be a market for mempool gatway rules.
dub: yeah, you just invented fiat
mircea_popescu: suddenly yet another reason for 1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx emerges.
mircea_popescu: it will be a LOT easier to handle those issues with fixed addies
dub: you realise that your anonymity model is bunk when you only connect to nodes you transact with
BingoBongo: So this got Hearn's panties in a bunch even though he does so much work with SPV clients?
mjr__: mircea, how can i get quotes right now?
mircea_popescu: mjr__ right now you can't. what are you trying to do ?
assbot: [HAVELOCK] [HIM] 20 @ 1.45 = 29 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00999 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.45 = 2.9 BTC [+]
BingoBongo: I could see getting pissed about colored coins or the dude who put and MP3 on testnet trying that on the real blockchain, but miners filtering transactions? Gavin reccommends conf settings for miners.
mircea_popescu: and honestly i think colored coins are a horrible nonstarter. i can only imagine the sort of crap that'd occur if they caught on
assbot: [HAVELOCK] [HIM] 6 @ 1.45 = 8.7 BTC [+]
mjr__: mircea: just wanted to see where my positions were at
mircea_popescu: mjr__ trade is practgically frozen so nothing much would have changed.
mircea_popescu: that;s kinda it, i could have come up with a pure vpn solution
mircea_popescu: and only allow trusted people on the network to talk to the exchange
mircea_popescu: however, i judged that'd create a haves/havesnot disparity that's both huge and sudden
mircea_popescu: better and fairer just freeze things for a little bit.
mjr__: i like the protected message open channel
mircea_popescu: but to expand on the plan : as an absolute rock bottom if things can't be otherwise resolved within a week, i will publish a gmail address, and trade will work via email (you email your paste instead of putting into site, you get it back)
mjr__: out of curiosity and i haven't really thought this all the way through
mircea_popescu: as a relative rock bottom, if things can't be otherwise resolved within a couple of days i will have a vpn installed. this has the disadvantage that it puts the brokers in an iffy spot
assbot: [HAVELOCK] [HIM] 2 @ 1.55 = 3.1 BTC [+]
mircea_popescu: also, we are currently working on using irc bot much like gribble works. there should be one up soon and another during weekend.
mjr__: would a recaptcha and session timeout not solve most of it?
mircea_popescu: and also, much larger infrastructure should be coming online during the 8th.
mircea_popescu: it would solve nothing at all. routers are getting friend, not boxes.
mjr__: and i'm sure that they are randomizing the addresses enough to bypass any sort of blacklist rirght?
mjr__: and CDN couldn't fix either?
mircea_popescu: cdn doesn't do this. there are ddos protection services out there, but all have their own issues
mjr__: i'm sure you have thought this through
mjr__: i was just curious for my own benefit
mjr__: as to how one combats this
mjr__: i'm really fine regardless
mircea_popescu: cloudflare is very cheap (like200 a month) but it's mostly intended for random kid dickery.
mjr__: this is quite sustained
BingoBongo: Cloudflare goes down enough on its own
mircea_popescu: blacklotus is expensive, and i have yet to locate anyone that can give me the straight dope about what they actually do./
mjr__: hmmm, and since it is routers not boxes, proxies won't really help?
mircea_popescu: mjr__ proxies help in the exact sort of way i had it set-up : open web proxy which connects on a sort of private vpn to mpex webservers
mircea_popescu: but the thing is, they actually took the time to blow up all these.
mjr__: hmmm, i have a little idea
mjr__: and would depend on what router capabilities
mjr__: and whether you have control/access to it
gribble: BTCUSD ticker | Best bid: 42.72301, Best ask: 42.84000, Bid-ask spread: 0.11699, Last trade: 42.72301, 24 hour volume: 162226.99314014, 24 hour low: 33.30000, 24 hour high: 46.74900, 24 hour vwap: 41.19641
assbot: It says some pelt-wearin' trapper, some stinkin' bean-suckin' possum skinner, he's gonna collect that reward money.
mjr__: i'm wondering if you could basically require a signed message in the
http header request to get to the webserver
mjr__: ie. the router would drop all traffic that did not contain the signed header
Lyspooner: my sentiment is that the options aren't there right now
mjr__: hmm couldn't you conceivably use QoS to give
http traffic priority on the router
dub: not if the router is on fire
mircea_popescu: {"avg": "4713745617","min": "3024713516","max": "4853472885","vsh": "no","vsa": "2.62504497419E+12","cnt": ""}
mircea_popescu: mjr__ understand, the box was doing something like 0.07 load all through the ddos.
mircea_popescu: a. a lot of calls closed up past 24 hours. those don't count.
mircea_popescu: b. a lot of longass short puts were closed, which does count
mircea_popescu: but it counts from way up, so it makes the put side kinda high too
BingoBongo: Mircea, maybe you should tweet @binarybits about this interesting bitcoin story he could run on Ars... Any publicity is good publicity...
dub: im not sure 'we had to close doors due to ddos' is great publicity
dub: and singing of imminent mitigation may be premature
BingoBongo: Gox is alive after all of those Haxxed stories
mircea_popescu: i think there's enough presence to keep the stakeholders appraised.
dub: gox is alive because nobody has mannned up to replace it
jcpham: send a cryptic email explaining how the hot wallet backup was unencrypted and accesible via telnet
dub: nobody is a willing user of gox
mircea_popescu: jcpham i think someone might have noticed that mpex didn't answer on 23
jcpham: you should make aup along crytpic convoluted story
jcpham: involving backups and password in source codes
jcpham: make the story long enough and people will stop caring about halfway through reading
jcpham: they'll just figure it's another scam
dub: you could use nntp tbh
jcpham: then add the word "Psyche" at the end.
mircea_popescu: dub i was more considering that guy's bitmessage p2p thing
dub: google groups can probably take teh dos
dub: heh, I've been ddos'd ~700 times in teh last month
dub: acording to arbor anyway, I don't recall noticing any of them
mircea_popescu: that's kind of the problem, very chinese market out there. "yes sir i tell you we do ddosprotection"
mircea_popescu: "o wait, you mean ddos as in, 6-7 gb sustained with 20gb peaks ?! OMG TAKE A HIKE"
dub: its a racket for sure
Lyspooner: well at least satoshi was considering very big block sizes
mircea_popescu: financial networks, with the financial collapse ensuing
mircea_popescu: from the most recent attack still under way as I write
mircea_popescu: Government sponsored enterprises enter the business, in
mircea_popescu: due course bad behavior is made mandatory, and the evil
mircea_popescu: network, with the result that even though everyone knows
mircea_popescu: issued by the evil financial network, because of network
mircea_popescu: effects - the big, main issuers, are the issuers you use
mod6: ;;calc 3700000000/365
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
Lyspooner: we're like Visa transactions in Kansas City
mod6: that seems much more realistic.
mod6: i should have examined that closer
jborkl: Mp, what about using bitcoin to send the trade message to your address. cant ddos the entire network, put the encypted message inside a signed transactions- use it just like SD does
mircea_popescu: jborkl " cant ddos the entire network" << o but they can.
jborkl: well, it would be much harder
mircea_popescu: it would be painful, especially if they go after nodes one at a time
dub: yeah, tell that to dalnet
jborkl: yes, if they tracked your first relay and knocked it off, then next one
jborkl: but you can change your relay in bitcoind easily
dub: but I support this move, if only to see the rage from Luke-Jr
jborkl: and you could build trusted relay nodes to push transactions
jborkl: lol, that would piss him off so bad
mircea_popescu: jborkl what i'd do is cause a lot of grief to people otherwise ill equipped to cope.
mircea_popescu: im not here to cause trouble, contrary to what you might have heard.
mircea_popescu: i'll be bringing more capacity online and that's that.
BingoBongo: I heard PrimeAsic, that 99% chance of scam is responsive to inquiries again...
jborkl: If you were a asshole scammer, you would probably run off with Nefario, Piratits, and the list goes on. I am not concerned if you are a asshole, that is not my problem
jborkl: people seem to get confused, you are one of the only ones that has not run away, yet they accuse you all the time
assbot: [HAVELOCK] [SDICE] 1 @ 0.45 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.43500001 BTC [-]
mircea_popescu: jborkl sometimes people say the things they most fear. it's a defense mechanism.
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.65 = 13 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.43500001 BTC [-]
assbot: Quest for vision is a great blessing.
dub: I can't take credit its from the forum
BingoBongo: Eh, I figured PrimeAsic blew their chance earlier this week. I'm having trouble figuring out if they are a well planned scam, troll, or both.
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
jborkl: [MPEX] [S.DICE] 10000 @ 1000 BTC [+]
jurov: bitvps gets 2nd round
Eduard_Munteanu: Nothing important, I just wanted to peek at the options prices. Placing my overnight orders on mtgox...
mircea_popescu: Eduard_Munteanu mostly the open interest covered yest.
jborkl: I should have /nick but I didnt want people to really have a heart attack
jurov: we were making my vps accessible under another addy, suddenly mgmt froze again
mircea_popescu: oix : "7d": {"avg": "4713745617","min": "3024713516","max": "4853472885","vsh": "no","vsa": "2.62504497419E+12","cnt": ""}
jurov: yes, dispalyes quickly
Eduard_Munteanu: Some #mtgox op told me they've banned most of my provider (RDS).
mircea_popescu: i think more than just mpex, tis a test for bitcoins in general.
Eduard_Munteanu: Also, all those chart / live data services merely do client-side lookups through the mtgox API, it seems. Instead of caching and relaying data.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24999 BTC [+]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.24999 = 0.5 BTC [+]
Eduard_Munteanu: I guess mtgox is suddenly getting DDoSed by that, not to mention the actual transactions.
jurov: blockchain up here
Eduard_Munteanu: Oh, well, I've placed my orders for the night, pretty conservative.
mircea_popescu: live data would not cache by the definition of the term
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
gribble: Time since last block: 36 minutes and 4 seconds
mircea_popescu: yest i had txs lay stale for > 6 hours before being included in a block.
mircea_popescu: people were liek "o, your bitcoind is ddosed too ?" and i was like no dude, the tx is out since noon '/
benkay: same question as BingoBongo: are pools being ddosed as well?
jurov: so, phungus from bitvps blames me and he won't enable my vps access anymore
jurov: best time to withdraw everything and leave
jurov: mircea_popescu , will you let me?
jurov: sell&withdraw everything from coinbr acct
mircea_popescu: yes, but you have to consider if you sell right now you're hurting customers.
jurov: you didn't understand me.. i can now vanish with all customers funds
mircea_popescu: anyway, par for the course for "hosting" out there : sure we can do it sir! o you mean things actually need to be done ? sorry, pls go to somewhere else.
jurov: as so many ppl did
mircea_popescu: if you ask them they're hosting corps, offer things like unlimited bw.
mircea_popescu: tghen if you serve 500 pages in a day it's suddenly... we're only hosters if you don't get traffic.
jurov: and if you attract ddos, you must apologize.
mircea_popescu: anyway, their upstream/colo host prolly told them to not do it again or else get a real connection
jurov: but yeah, I do have recent enough coinbr backups and am not running away.
jurov: dunno if i should make me killer coffee and set it up or it can wait till tomorrow
jurov: mircea_popescu, how it looks on your side?
mircea_popescu: should be getting everything online today technically since it's almost 1am
mircea_popescu: but maybe get an account with a good ddos protected host.
mircea_popescu: because i tell you something, when they won't be able to take me down they'll harass you
mircea_popescu: and you have a much larger userbase crossection, you'll read plenty of shit in the forum
jurov: i know... hope i bought some time with amazon, plan to set up some load balancing there quickly
mircea_popescu: prolly your best path of action on a personal level is
jurov: heh okay.. if i manage to get asleep
assbot: Aren't those tins of tobacco right there behind you?
jborkl: Mp or Jurov - are there a bunch of pending market orders to fill?
jurov: no, they are filled normally - see live.coinbr.com
jborkl: all of the coinbr are down for me and have been
jurov: jborkl, prolly stale DNS entries
jurov: same problem here, my isp insists caching them, had to change dns server
jurov: and mpex. and live. did not have dns expiration so they linger up pointing to bitvps
BingoBongo: 224744 2 minutes 443 25.33651677 BTC Deepbit 249kb; 224743 4 minutes 581 25.48650003 BTC 199.101.100.218 243kb
BingoBongo: Barely more than the block reward in transactions and nearly a quarter megabyte each
BingoBongo: And these big barely more than 25 BTC blocks continue...
gribble: Time since last block: 4 minutes and 12 seconds
nanotube: mircea_popescu: how goes the botting? :)
BitHub: Hey, anyone seen Namworld around?
BitHub: ahh man i really shouldn't use this thing when i first wake up
BitHub: thanks mircea, how are you by the way?
Namworld: I'm here now. What do you need?
Namworld: Did you get any demand for fees to stop the DDoS yet??
Namworld: Or is the DDoS done out of spite or something
Namworld: I need to go in and make a deposit/trade
Namworld: Can you take manual deposits for now?
BitHub: meanwhile btcjam goes on
Namworld: No one cares about BTCjam... that's why
assbot: [BTCTC] [GSDPT] 20 @ 0.005979 = 0.1196 BTC [-]
mod6: 6 blocks mined in 17 minutes?!
mod6: its like faaaasst, then sloooow
smickles: mod6 I've heard that randomness is clumsy
mod6: it is strange though... its like they kick up the ASCIs and grab a few blocks then turn 'em down to keep the difficulty in check?
assbot: [BTCTC] [B.YABMC] 1 @ 0.00898 BTC [+]
assbot: [BTCTC] [B.YABMC] 9 @ 0.00899 = 0.0809 BTC [+]
mod6: im not sure wtf is goin on
gribble: Next difficulty estimate | 4749519.86453 based on data since last change | 4759411.19664 based on data for last three days
assbot: [BTCTC] [SYNERGY] 1 @ 0.08999 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.00898 BTC [-]
benkay: may i please have user name for mpex socket?
assbot: [BTCTC] [B.YABMC] 4 @ 0.00899 = 0.036 BTC [+]
assbot: [BTCTC] [RSM] 100 @ 0.009 = 0.9 BTC [+]
gribble: Time since last block: 3 minutes and 20 seconds
Bowjob: mp is your trolling SA contest still up for grabs?
Bowjob: im trolling gfaqs with coins as practice.. still training
mircea_popescu: lol remember when i used to pay .5 btc for an account there
assbot: [BTCTC] [S.MPOE-PT] 389 @ 0.0007 = 0.2723 BTC [-]
Bowjob: someone gambled 17 BTC to S.Dice with their Mt gox account
Bowjob: it seems the gamble won..
Bowjob: but theres no way to tel from which account it came from...
Bowjob: so the gambler is SOL it seems
Bowjob: maybe that guy was angle shooting
Bowjob: saying he accidentally sent it to dice instead of his account
Bowjob: so erik would refund him
Bowjob: the same thing happened to this dude back then in dec, lost 50 btc
sgornick: Bowjob: There's someone on the forum just claiming 21 lost that way.
Bowjob: yeah were tlking about the same guy
Bowjob: he bet 17, won it.. but then the money got sent to mt gox
sgornick: > but theres no way to tel from which account it came from...
sgornick: You mean to which Mt. Gox account it went.
sgornick: Well, Mt Gox can tell. They have better things to do than track down mistakenly made SD payments though.
gribble: BTCUSD ticker | Best bid: 42.38580, Best ask: 42.39209, Bid-ask spread: 0.00629, Last trade: 42.39209, 24 hour volume: 118703.21738512, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.39283
mircea_popescu: hey, is it the guy who misidentified someone else's bet on bitbet as his own and rose hell here a few days ago ?
BingoBongo: If only I could reread that post on Trilema...
BingoBongo: I actually came on here today because i was wondering why I couldn't ready your classic on the housing crisis.
BingoBongo: Thanks. Have you though about just storing a copy of the Trilema archive in the namecoin blockchain. I don't think they'd mind.
mircea_popescu: you know trilema is like 7k articles, over 10mb of plaintext
mod6: lol oh yeah JimRogers
gribble: BTCUSD ticker | Best bid: 42.70000, Best ask: 42.81500, Bid-ask spread: 0.11500, Last trade: 42.78384, 24 hour volume: 114078.83449030, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.60795
gribble: Next difficulty estimate | 4755826.83674 based on data since last change | 4747165.78694 based on data for last three days
gribble: There are currently 111370.77 bitcoins offered at or under 1000.0 USD, worth 9613421.27709 USD in total. | Data vintage: 0.0052 seconds
BingoBongo: Sell orders about trippled since the last time I asked that...
Bowjob: wait till they hit 10k
gribble: There are currently 115133.36 bitcoins offered at or under 10000.0 USD, worth 17157717.7085 USD in total. | Data vintage: 0.0056 seconds
Namworld: as price go up, people tend to start putting money in the way.
gribble: There are currently 98810.011 bitcoins offered at or under 100.0 USD, worth 5632319.28639 USD in total. | Data vintage: 0.0051 seconds
Namworld: So no manual deposit I get it...
Namworld: anyway, MPEx will be getting an upgrade too
gribble: BTCUSD ticker | Best bid: 41.75902, Best ask: 41.98351, Bid-ask spread: 0.22449, Last trade: 41.75902, 24 hour volume: 112921.07904056, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.64678
Bowjob: oh no. we are crashing again
Namworld: But you'll see there's an updating message.
Namworld: Why would price madly like that and stay like that?
jcpham: i'm gona have to say bitcoin
Namworld: Wrong answer... that's the answer to why it raised, not why it would stay like that.
BingoBongo: You'd be surprised Namworld the things that Dunning-Kruger can explain. It's like the new Goodwin, but for the Slate crowd.
Namworld: What does Dunning-Kruger has to do with it?
Namworld: Everyone thinks they're skilled because they buy BTC higher and higher because it keeps going higher and higher?
BingoBongo: It's why we could hit 10,000. Coinlab biting off more than they can chew and somehow instead of a flash crash we get a flash rally when they are hacked. Also yes your second point.
BingoBongo: A combination of the two could probably make a new normal though.
Chilca: thanks, is there any status of the DDOS?
Namworld: I bet after it all settles, people who kept buying will be apoplectic with explanations and sound just like people after the dotcom bubble...
dub: Chilca: sounds like it is ongoing but mpex has now been taken offline for upgrades
jborkl_: Bitcoin chart reminds me of silver chart,just compressed
Namworld: MPEx is a bit late on schedule for the upgrades
dub: its actually 3pm on teh 8th
dub: in the earliest TZ anyway
Namworld: Honestly, with upgrades, it's always hard to estimate.
gribble: BTCUSD ticker | Best bid: 41.80100, Best ask: 41.98351, Bid-ask spread: 0.18251, Last trade: 41.91771, 24 hour volume: 109127.80902302, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.65552
Namworld: Can take twice or half the time or more.
mircea_popescu: anyweay, the first irc bot should be around in a few hours i think
reddddd: @CoinBr What's the point of having a support forum if you're not going to use it more major stuff like this?
dub: you can get to coinbr?
dub: oh bitcoinforum.com, good point
reddddd: CoinBr also seems to have a twitter account that could have used an update. There are so many better ways to let customers know what the hell is going on than just IRC.
mircea_popescu: Namworld you'll be able to go something like #post blabla and the bot will answer with an url to a pastebin with your response.
assbot: [HAVELOCK] [SDICE] 2 @ 0.444 = 0.888 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.440001 = 1.76 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.44000006 = 1.32 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.5 = 4 BTC [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.5 = 10 BTC [+]
dub: novels are being written to explain how fees work to a novice
dub: the simple answer is bitcoin is stupid wrt fees
gribble: BTCUSD ticker | Best bid: 42.62827, Best ask: 42.79000, Bid-ask spread: 0.16173, Last trade: 42.80000, 24 hour volume: 104745.97636275, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.61786
mircea_popescu: "Pimples can be treated by various acne medications prescribed by a dermatologist, or purchased at a drug store with a wide variety of treatments."
BingoBongo: You know medicine is fucked when leukemia is easier to treat than pimples.
mircea_popescu: you know, back 300 years ago when the encyclopedists came up with the first one, it was a monument of erudition
Diablo-D3: modern medicine refuses to accept the treatment because they can't charge obscene amounts of money for it
Diablo-D3: take high doses of omega 6 for the rest of your life.
BingoBongo: My french isn't good enough to make an informed opinion on Diderot's
Diablo-D3: not only does it cure pimples, it cures and lessens lots of other things
BingoBongo: Leukemia is easy to treat too. Eat a bunch of methotrexate and live.
Diablo-D3: through in 5000 IU of vitamin D daily, and you'll probably add another ten years to your life
mircea_popescu: im willing to go on a limb and say you'll get my point
BingoBongo: What am I reading from again, Retardo-wiki'wiki'wiki'wha?
BingoBongo: Rubeta: a poison derived from the juice of a frog. Juvenal wrote of a lady who mingled this kind of poison in wine and presented it to her husband
BingoBongo: What little french I've read mircea_popescu has been at least 200 years newer
BitHub: almost time for teh weekend
mircea_popescu: Ce qu'on appelle bonheur, est une idée abstraite, composée de quelques idées de plaisir ; car qui n'a qu'un moment de plaisir n'est point un homme heureux ; de même qu'un moment de douleur ne fait point un homme malheureux. Le plaisir est plus rapide que le bonheur, & le bonheur plus passager que la félicité. Quand on dit je suis heureux dans ce moment, on abuse du mot, & cela ne veut dire que j'ai du plaisir : q
mircea_popescu: uand on a des plaisirs un peu répétés, on peut dans cet espace de tems se dire heureux ; quand ce bonheur dure un peu plus, c'est un état de félicité ; on est quelquefois bien loin d'être heureux dans la prospérité, comme un malade dégoûté ne mange rien d'un grand festin préparé pour lui.
BingoBongo: mircea_popescu it isn't that unlike James
BitHub: mircea coming to australia this weekend?
BingoBongo: William James, one of maybe three Americans introspective enough about the pecuiar brand of manic misery here to approach a reasonble target for a philosopher
BitHub: where the bloody hell are ya
BitHub: lets go visit kimdotcom i'm bored
mircea_popescu: call the bank ready to bite their head off for being idiots
BitHub: seems odd when someone else says it
BitHub: being a bunch of cunty's?
mircea_popescu: i mean, bitcoin transactions taking 6 hours ? okay. its some internet funny money nobody heard about.
mircea_popescu: but when my banker has to tell me he failed because the wire system is down...
BitHub: i had to sit a cafe for 6 hours just to wait for 1 confirm
mod6: (20:09) < BitHub> DEATH TO SD
BitHub: i didn't care before till i had to start waiting hours and hours and hours for 1 confirm
mod6: ahh, successfull troll 9/10
mod6: this stuff about SD is getting out of hand
jcpham: i don't care so much about SD
jcpham: if txns aren't going through that's a problem
jcpham: a problem i think miners should capitalize on
jcpham: i'm not sure how though
jcpham: if SD wants its blocks mined it needs to pay a toll
jcpham: it needs a pool in its pocket
topace_: how goes the mpex upgrades/"overhaul" ?
jcpham: that's why i pay a fee on my txns, because i want them to go through
jcpham: specialized pools should crop up soon
mod6: what is going on...
BitHub: so you mean just a mining farm just for SD transactions?
mod6: so tx's are not being processed at all?
jcpham: in some cases they are backing up because of the 250kb block limit
jcpham: luke-jr and others primarily blame this on SD
jcpham: and then some say the devs should all hold hands and increase it
BingoBongo: I blame bitvisitor. At least some SD transactions carry appreciable amunts of bitcoins.
mod6: yeah, read about that shit earlier...
mod6: today has been insane even outside of btc today, hard to keep up
mod6: so basically btc is fucked
BingoBongo: Btc is only fucked in the sense it is having fun getting its dick wet
mod6: if they move up to 1Mb that buys them some time, but isn't any different then what the global central banks are doing
jcpham: the "SD is spam" idea has traction
mod6: yeah, looks like it
jcpham: At first, most users would run network nodes, but as the
jcpham: network grows beyond a certain point, it would be left more and more to
jcpham: specialists with server farms of specialized hardware. A server farm would
jcpham: only need to have one node on the network and the rest of the LAN connects with
jcpham: assume we're close to the point of full node/ merkle nodes
jcpham: what happens to SD if pools or full nodes implement that patch
Diablo-D3: bitcoin will just shove SD tx out because they don't pay fees
BitHub: i got so angry i sold over 1000 sdice shares for whatever the fuck price, something cheap and nasty
jcpham: not enough beer. my apologies
mod6: i'm gonna guess they will cut SD out, and then SD will just pay fees and maybe raise betting levels?
mod6: there was talk about raising min fee to .01 or something, but that doesn't give incentive to not use anything else gay like PP
mod6: now, see, i thought that EV kept sayin how he pays fee's and the miners are getting rich off the fee's alone...
mod6: ala, something like `SD has paid more in fee's than all the rest of the tx's combined'... must find link...
mpexbot: smickles: Error: "coin" is not a valid command.
mod6: so i think that SD pays the fee's which is what got me so worked up this morning reading all of Luke-jr's crusade to rid the world of SD
mod6: but the blocksize thing is a seperate problem.
mircea_popescu: <BingoBongo> Btc is only fucked in the sense it is having fun getting its dick wet << this.
mircea_popescu: <topace_> how goes the mpex upgrades/"overhaul" ? << the mpexbot just showed up
mpexbot: BingoBongo: Error: "OIX" is not a valid command.
mpexbot: mircea_popescu: Error: "dix" is not a valid command.
doctor_pullfingr: can we speculate that the ddos against mpex is retaliation for SD spam?
mircea_popescu: lol i don't think luke has the resources for something like this.
BitHub: what's the price of SD now?
BitHub: wonder if its gone down a bit
BitHub: not like yesterday when everyone thought mpex was done for hey
BingoBongo: Luke has too well developed though weird sense of ethics for a DDOS
jcpham: that message thread may wind up framed in the luvre or some shit
BitHub: yeah remember mircea everyone in otc was panicing
jcpham: mircea_popescu you should partake in -otc for a bit
mircea_popescu: i dunno why it didn't get more traction, should be a cult classic.
jcpham: channel needs desperately to be +m
BitHub: are you sure he's in that movie mircea?
mircea_popescu: he plays a tax accountant for the state of florida lol
BitHub: ahh search not seek :P
jcpham: i just realized the other day that mario puzo did superman
jcpham: the original screenplay
BitHub: nice same guy as godfather
jcpham: and jor-el is the fucking godfather
BitHub: ahh yeah that's right he did play jor-el
jcpham: do you think when they were filming the godfather and made money
jcpham: marlon brando was like
jcpham: you know i'd really like to be superman
BitHub: fuck man how good was marlon brando
jcpham: and that was as close as he came to it
mircea_popescu: jcpham do you know the one where marlon brando went like... hey, i'd like to rape this 19 yo
jcpham: hrm sounds questionably legal
maximian: These morons are gonna kill Bitcoin with this anti-SD crusade…
mircea_popescu: became like, a feminist and everything. total tableau.
mircea_popescu: maximian tell you something : if morons are gonna kills anything then fuck that anything.
BingoBongo: The anti-SD crusade isn't going to kill bitcoin. The crusaders are more people who liberated their bitcoins by freeing them into S.Dice's arms. Probably... except for Luke.
maximian: the problem is their little "SD is spam" meme is starting to spread
mod6: (20:48) < maximian> These morons are gonna kill Bitcoin with this anti-SD crusade... <<< this
BitHub: the coolest thing about brando was when he sent an indian woman to collect his oscar for his role in the godfather
mircea_popescu: maximian mod6 people fail to realise this, but there's a good reason and great strategic advantage in the girl's fuck you attitude.
mod6: (20:46) <+mod6> "First, SD has paid more mining fees than everyone else in the world, combined." << Is this a lie?
mod6: (20:46) <+Luke-Jr> mod6: yes
BitHub: oh yeah i remember this movie
BitHub: it was pretty friggen psycho
mircea_popescu: no meme spreads past the point where someone's holding a club
mircea_popescu: mod6 the guy's insane, sd paid like 55% of all fees ever paid
maximian: DailyAnarchist put it right it a bitcointalk thread: if nobody knew what the source of these "spam" transactions were, then the discussion would be about how to improve the system to handle more transactions. The fact that the crusaders know these transactions are from SatoshiDice has clouded their judgement.
mod6: mircea_popescu: im /nearly/ at a loss for words.
BitHub: but even if he did, meh that's his personal life, still the best actor
mircea_popescu: it's simple drama. some people who mean very little started to notice.
mircea_popescu: and are trying to inject themselves into the public eye
mircea_popescu: how is that accomplished ? why, crusade for "the betterment".
mircea_popescu: the thing is... unlike fiat that shit doesn't work here.
BitHub: he gave me a pretty lulz neg review
mircea_popescu: at any rate, drama backs bitcoin, so, all this is good.
mod6: BitHub: and you're on Luke-jr's side?!?!?
maximian: it raises my hackles, I tell you! :)
BitHub: heh i'm not on his side
BitHub: but i do have beef with sdice atm
mod6: mircea_popescu: haha drama is right. BTC has more drama than Lifetime Channel.
mircea_popescu: mod6 imagine how it'll be when women finally discover it.
mircea_popescu: otc made out of ~100 middle aged women with nothing better to do
BingoBongo: bitcoin-assets we've taken the family car apart six times today just to get some quiet time
mod6: (20:54) < jcpham> luke-jr if you don't stfu about SD i'm going to burn your church down
mod6: (20:54) <+Luke-Jr> jcpham: I'll be there to shoot you when you try.
mod6: (20:55) < jcpham> :)
mod6: (20:55) <+mod6> wwjd
BingoBongo: Rome isn't it? He's catholic his local stuff doesn't matter. I just wonder which of the BitBet pope bets are his.
doctor_pullfingr: GoDaddy got semi famous off the savetoby controversy. Then got really famous off the Superbowl controversy. I think S.Dice should milk this controversy for everything it's got. shout S.Dice is spam from the mountaintops
mod6: (20:58) <+Luke-Jr> anyhow, I was just trying to get a feel for how many people would run a counter-SD client if I take the time to write the code
mod6: this is like his own fork isn't it?
maximian: evoorhees should reinvest his profits into a massive mining pool - that's probably the surest way to make the crusaders irrelevant.
mod6: i mean he's not saying that, but thats what it is.
mircea_popescu: maximian at this point in the game it's the surest way to go bankrupt.
Luke-Jr: maximian: the surest way is to stop flooding and implement SD properly
mod6: Luke-Jr: what you're proposing is a hard fork of the blockchain right?
mircea_popescu: mod6 so he starts his own client, what's the big deal ?
Luke-Jr: heck, I'd even offer to do it for him except my stupid State has laws against writing code for gambling -.-
mod6: ok. i don't care if he starts his own client.
mircea_popescu: face facts : sooner or later Luke-Jr will end up in a little corner playing with some correct toys nobody cares about
mod6: as long as everyone else figures out how to solve the block size issue.
BitHub: laws against writing code?
maximian: If you didn't know the origin of the transactions, what would you say?
mod6: SD is another problem
mod6: but... whatever. they're two seperate topics
BitHub: Luke so you could fly to mexico and be all sweet?
Luke-Jr: why the USA has such a big problem with gambling, I'll probably never understand
mod6: what if SD wasnt a gaming site?
Luke-Jr: BitHub: I'm not interested in relocation to Mexico.
BitHub: so online gambling is illegal but guns is sweet? haha
mod6: what if it was just some random tx's from the same host that paid the fee's?
mod6: would you say the same thing?
BitHub: Luke-Jr ya i know was thinking if you spent a week there adn wrote the code, would that be legal?
Luke-Jr: mod6: I don't care how it's financed
BitHub: hmm i think you would get away with it :)
mod6: Luke-Jr: ok. so what happens when there are 1,000,000 bitcoin users and they all create 5 new tx's per day.
mod6: what then? we just shut the fucking doors and go home?
mod6: christ on a pony this is idiotic
Luke-Jr: mod6: no, that's far less than SD does
mod6: you're saying that SD does more than 5 million tx's per day?
Luke-Jr: mod6: I'm saying adoption matters.
Luke-Jr: 1,000,000 nodes can handle 5 mil txs
assbot: [HAVELOCK] [SDICE] 5 @ 0.446 = 2.23 BTC [-]
mircea_popescu: with the current broken bitcoin-qt there will never, ever, no matter what be 1mn nodes.
mod6: Luke-Jr: yes, adoption matters, you know what I have guys download? something for their android
mod6: not the full client.
mod6: i don't want them to wait 3 days
Luke-Jr: mircea_popescu: 1,000,000 users also brings a number more developers onboard
mircea_popescu: Luke-Jr what the fuck are you thinking this is, chicken lay eggs ?
Luke-Jr: mod6: eventually, Bitcoin-Qt will be instant-on
mircea_popescu: herpderp joe sixpack becomes a dev if you aggregate 5000 of them !?
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
mircea_popescu: the best thing you can do for adoption to scale right now is to fix the motherfucking client.
mircea_popescu: actually it may be the worst piece of crap ever used by this many people.
mod6: so you're gonna make your own client, that'll have your branch (exclusion of '1dice') in there native?
mircea_popescu: simple illustrative point : i can pick a torrent worth 7gb right now, anything with less than 20 seeders
mircea_popescu: this means blockchain MUST be downloaded in 15 minutes tops.
mod6: yeah, torrents are uber fast
mircea_popescu: until the point that's the case none of you people have any business eating even.
mircea_popescu: forget having oppinions. just tap the kbd till it does it.
jcpham: lots of info for SD investors to speculate on
mod6: vote with your coins!
jcpham: i think this entire chat would be insider trading somehow
jcpham: now all we have to do is collude
jcpham: you would think, but...
Bowjob: mhm anyone think bfl wont deliver by april?
BitHub: deliver you a big box with a letter inside it asking for money money
BingoBongo: I bet they might, BitCOin's just playmoney anyway
mod6: are tx's going through though?
BingoBongo: Blockchain saw it... Let's see if it confirms...
BingoBongo: You're welcome. It's one of those World Baseball Classic penny bets, because apparently that didn't have enough chutzpah to attract much interest. I've had too much vodka tonight to mess with the python script so I don't know at this weight if I will clear anything, but fuck it. Bitcoin is an MMORPG and that's what I'm telling the 5-0
SpNg: hey mircea_popescu I have been out of the loop the last couple days. What's going on with MPEx? I see that it's down right now.
BingoBongo: Bitcoin is a drama role playing game and it just so happens the tokens to play the game happen to be valued quite a bit. Like WoW gold.
mod6: im starting to think the same thing. like fast-times-at-btc-high.
BitHub: an expensive game of emotions
mircea_popescu: there's a forum post the girl made summing up everything
SpNg: mircea_popescu: seriously? wtf? you have a link to the post?
mircea_popescu: i dunno dood, god knows i'm well loved and i can't think of anyone or anything that'd have it in for me.
BingoBongo: Maybe Coinlab, You just debuted that OIX thing that kind of threatened to replace MT Gox spot... Though you presented it more modestly.
mircea_popescu: tho tbh... what diff would it make to anyone if its gox spot or oix or a random number coming out of a hat.
mircea_popescu: as long as it's the consensus it's as good as any other, for a service provider.
BingoBongo: I mean the girl's been hammering the Gox is dead mantra and some noobs seem to be trusting her for a change. You might have survived the game long enough that people start to assume you're legit.
mod6: ;;gpg info mircea_popescu
mod6: that's been a while now, longer than most of us
BingoBongo: The Coinlab buying Gox's USD book threatens Gox's sustainability angle
mircea_popescu: BingoBongo im not even sure they seriously want the #1 spot.
BitHub: they're are many peeps many working on ways for americans to get around coinlab into gox
gribble: Time since last block: 19 minutes and 16 seconds
BitHub: i think you'll see a lil bump but gox should be okey :)
BingoBongo: I dunno yCombinator has all of that renting apartments out to methheads money Mircea, it was probably either bought, hyped, or humiliated. I don't think Gox was forced, but I say this with a low degree of confidence.
BingoBongo: BitHub I trust it will be smooth, but the newbs opions shape the shouting
BingoBongo: Coinlab probably though it was a bargain
mircea_popescu: after the french fiasco they certainly didn't feel the need for a replay, so.
mircea_popescu: it's a win-win : the noobs get bragging rights (which they don't know how to use, but hey, youth), mtgox gets out of some stick.
mircea_popescu: the us public becomes even more underserved, isolated, ghettoized
BingoBongo: Gox never really had the staff or skill to handle the low information customers
mircea_popescu: moreover, there's some lessons being learned here. everyone wants to be more like mpex.
BitHub: be nice is there was something just as big or popular as mtgox
BitHub: not good to depend just on mtgox?
mircea_popescu: the thing is tho, the net result of mtgox's however we call it, incompetence, being stretched too thin
BingoBongo: ANd that's the crucial difference from 2011
mircea_popescu: they have been bleeding market share month by month by month. by now i wouldn't even bet they do a third.
mircea_popescu: this of course becomes problematic for pricing options.
gribble: Time since last block: 27 minutes and 56 seconds
assbot: [HAVELOCK] [HIM] 1 @ 1.63 BTC [+]
mod6: hardy fuckin har miners
BitHub: so is mpex going to do its own gox? :D
mircea_popescu: And thus it came to pass that the splendid son of bright-minded Keleos,
mod6: cross your fingers and pray to dog
assbot: [HAVELOCK] [SDICE] 1 @ 0.4999988 BTC [+]
BitHub: and that's stopped you before?
mod6: this next block should be sizeable
BitHub: its such a good word, i use it for slang all the time
mod6: but its a 250k limit so the joke's on me LOL
mircea_popescu: i never understood how that 250k limit got to be there
BingoBongo: mod6 I would bet my bet makes it in this next block...
mod6: mircea_popescu: yeah, that seems pretty strange to me now.
mircea_popescu: recently i discovered the way bitcoind works is all quirky and based on assumptive limitations like that.
mod6: do you believe there should be a block size limit at all?
BingoBongo: Another point for SD over most miners, BitcoinJ isn't as poorly coded as BitcoinD
mod6: oh... it seems to me that if 1 billion people send 1 satoshi in 5 years, it could be a 10gb block... who cares, process it
mod6: maybe im just retarded
mod6: i have been hit in the head a lot :S
mircea_popescu: mod6 the problem here tho is that bitcoin as it is is bitcoin as it is.
mircea_popescu: if i get married to you on the understanding that you always wear red underwear
mircea_popescu: as stupid as that may turn out to be, it's still in the fucking contract
BingoBongo: mircea_popescu it still follows many of the arbitrary limits (because bitcoind), but the code organization is much better. Kind of sad because well, Java.
mod6: right, so yeah, they wrote it in, no going back.
mircea_popescu: now, the only way to change something like that is the way gavin proposed it
mircea_popescu: ie, "let they who have anything to lose decide where it should be"
mircea_popescu: they who have anything to lose are, of course, the miners. so a system where miners vote somehow on standard block size may be a replacement, maybe.
mircea_popescu: BingoBongo ya srsly. why the fuck do these people make these choices.
mircea_popescu: maybe it's a bad idea for coders to be allowed to chose their language.
mod6: na, gotta be able to pick the right tool for the job... but that doesn't always mean that the guy will make the best choice
mod6: i can still use a butter knife as a screwdriver
mod6: but its not best... im just retarded
BingoBongo: WordPress and a watch only wallet powered by ArmoryD is probably how I'd write a bitcoin site if I had to.
mod6: yeah, wow. im blown away by some of this. how did I not zero in on these things?
mod6: its like punching myself in the dick
gribble: Time since last block: 41 minutes and 42 seconds
gribble: BTCUSD ticker | Best bid: 42.50000, Best ask: 42.75000, Bid-ask spread: 0.25000, Last trade: 42.50000, 24 hour volume: 78229.70545564, 24 hour low: 40.11000, 24 hour high: 45.50000, 24 hour vwap: 43.23642
BingoBongo: Honestly the miners'll probably roll with whatever, making the margins work is their business. Let the pool operators cap block sizes and open up the daemon for everyone else.
BingoBongo: mod6 the bet made it in, miracle what a decent transaction fee can do
mircea_popescu: for the other, security strictly depends on the block being finite.
BingoBongo: pragmatism will lead miners to cap the size of their own blocks unless they want to birth hydrocephalitic orphans
mod6: right, well i guess you dont want people putting in the wayback machine into the blockchain...
BingoBongo: mod6 and it is the first one. BitBet shows the bet as registered as well
mod6: yeah they're a bunch of Fascists
mod6: hitler was against very against smoking too
mircea_popescu: "Maybe some quota-filling cop thinks you look like a whore."
BingoBongo: Eh, take Canthaxanthin for a few months and walk around New York, some Cop will grab a real good feel.
mod6: BingoBongo: 2 confs now...
mod6: so at least with your .0025 fee, that was good enough
BingoBongo: mod6 It has been my standard fee for about a month now. I'm not patient enough to send with less.
BingoBongo: Even on small transactions it is cheaper than a wire
assbot: [HAVELOCK] [HIM] 1 @ 1.63 BTC [+]
assbot: [MPEX] [S.MPOE] 8150 @ 0.00072776 = 5.9312 BTC [-]
assbot: [MPEX] [S.MPOE] 5150 @ 0.00075 = 3.8625 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 0.96000001 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.45 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24998 BTC [-]
Rick__: When will you fix MPEx
ZedsterX: I just got up to having my comp hacked....so what is your sitch now MP?
mpexbot: mircea_popescu: Server's response: Post limit, maximum pastes per 24h reached
ZedsterX: anyone else in the channel have problem with attacks on their comp last night?
mircea_popescu: ok so! what you folks see here is a historical moment.
mpexbot: mircea_popescu: Error: "is" is not a valid command.
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00999 BTC [+]
smickles: for watever reason mpexbot's pro pastebin feature of posting >25 posts per day hasn't been enabled yet
mircea_popescu: Rick__ it is a method of talking to mpex that can not be ddosed
mircea_popescu: now, mpex infrastructure is being upgraded, and it will be back sometime today.
Rick__: so many computer things that I dont understand
assbot: [MPEX] [S.MPOE] 1337 @ 0.00075 = 1.0028 BTC [+]
mircea_popescu: ok so, im closing the ordering now, because i don't want inconsistencies. this is all testnet stuff.
BitHub: is it hard to make a ticker from your api mircea?
mircea_popescu: worst case scenario just moved to "if 10 Gb pipe isn't enough to stop ddos, we just trade via mpexbot"
mircea_popescu: BitHub not really an api but still, i don't think so, it's all json after all.
BitHub: okey, hopefully i can feature a mpex ticker on my site soon, if its okey with you of course
Rick__: so what's the s.dice price now?
Rick__: what command can I use to check the price
mircea_popescu: Rick__ the price hasn't appreciably changed since trade has been locked for the past ~12 hours
assbot: [BTCT:GSDPT] 1D: 0.00596 / 0.00599 / 0.00599 (92 shares, 0.6 BTC), 7D: 0.00261 / 0.00621 / 0.0065 (28529 shares, 177.2 BTC), 30D: 0.00261 / 0.00621 / 0.00687 (139940 shares, 868.7 BTC)
assbot: [HAVELOCK:SDICE] 1D: 0.41510000 / 0.4566318 / 0.51000000 (197 shares, 89.95646538 BTC), 7D: 0.37000000 / 0.55221757 / 0.68700000 (1696 shares, 936.56099770 BTC), 30D: 0.37000000 / 0.63685913 / 0.76500000 (8993 shares, 5727.27416254 BTC)
assbot: [HAVELOCK] [SDICE] 4 @ 0.4999988 = 2 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.4999988 = 2.5 BTC [+]
Bowjob: shoulda bought some dice shares
assbot: [HAVELOCK] [SDICE] 1 @ 0.49999999 BTC [+]
maximian: last s.dice trade on mpex was something like 0.0058
ZedsterX: gotta be in for the long haul and ho-pe or dump
deadweasel: what should I do with 1600 shares on bitfunder?
BitHub: i doubt s.dice will be here for the long run
BitHub: i would dump and pump into jah mining and collect daily divs
BitHub: that's what i been doin
maximian: I wouldn't be so sure about that. S.dice is more than just a dice game, it's a brand
deadweasel: i had some jah, was good, but I can't get rid of these sdice. bought at .55 sold at 75, then bought back in at .6 cos I'm still learning, that's why
BitHub: just get rid of them all deadweasel
BitHub: and pump it into jah, anything you'll loose you'll make up in the dail divs
deadweasel: if they are 58 on mpex, know anybody who wants them at .55!
maximian: yes, building brand awareness is expensive. the value of s.dice's brand awareness justifies the stock price alone.
deadweasel: yeah, i'm going for divs only stocks these days. sdice may not make it to the next divs, as it is. the brand may make it through w/out the assets
maximian: Some big gaming concern is probably going to come in and scoop up s.dice
BitHub: the core of the community hates S.DICE
maximian: An acquisition would be a great exit for all investors
maximian: That's not true - some of the core devs, not all
BitHub: we just had a 5 hour tango convo about this before
maximian: There are enough mining pools who will always confirm s.dice transactions
assbot: [HAVELOCK] [SDICE] 39 @ 0.5 = 19.5 BTC [+]
BitHub: its been a good day, have you seen all the giveaways on otc?
BitHub: i even got in on the action
BitHub: gave away some btc for twitter followers heh
deadweasel: that's good business right now. +1s and followers and likes
ZedsterX: jah mining is on MPEX? I have never seen this or is it called something else
deadweasel: bitpride is going to do the same thing as sdice?
BitHub: yep when i eventually get into full marketing mode i'll pay offering btc tips for peeps who paste their address to me on twitter or fb
BitHub: better than fb's advertising system
deadweasel: you should automate it --- mechanical turk for likes.
BitHub: but the coding, programming stuff, me doing it? is like getting the janitor to fly the airplane
deadweasel: spend some time to interview local college kids for an 'internship'. orjust pay them shit
BitHub: lul i'm paying a few programmers on here atm, slowly
deadweasel: until you get bigger then hire a better coder and scrap and redo
deadweasel: srsly though, expectations of bitpride?
BitHub: um bitpride i was looking at those shares but felt a bit shy
ZedsterX: Namworld: thx so where is it listed?
BitHub: its cool its something different but i dont know
Namworld: I got a few shares for the heck of it.
deadweasel: i'd just rather have my btc going up than my shares going down.
BitHub: is jah the only onepaying daily divs on BF?
BitHub: everyone else is weekly or monthly yeah?
maximian: I like the idea… but what if pastebin gets DDoS'd?
mpexbot: mircea_popescu: Server's response: Post limit, maximum pastes per 24h reached
mircea_popescu: maximian it's temporary tho. they've not credited the acct to pro status yet
BitHub: is it really hard to combat it?
BitHub: or just really expensive?
mircea_popescu: mpex is pretty much the only thing that even has a prayer at it, but otherwise... nope.
mircea_popescu: they ARE expensive to do tho, so in a sense a self limiting condition
Rick__: when will be the new version of bitvps's website on?
BitHub: any idea who's behind it?
Rick__: I have been waiting the new bitvps for a month
Bowjob: " * Show your support in asking the MPOE exchange where the S.DICE security is located, to de-list the security until the problem is addressed."
BitHub: free membership and 5btc to whoever finds
Bowjob: guys a huge dump is happening
maximian: that misterbigg guy is a little slow
Bowjob: just increase the min bet
mircea_popescu: maximian he;s a funny guy. he was active in the s.dice thread back in august
Bowjob: 0.1 BTC per bet or gtfo
maximian: hehheh…I wonder why he bothers
Bowjob: well, it took like over an hour to confirm my tx last night
Bowjob: imo we need a compromise. this blockchain bloat is annoying
deadweasel: can i push from bitfunder to havelock?
Bowjob: how about increasing the min bet on all dice games
deadweasel: i like that idea, until BTC is worth $100, 1000
BitHub: it wouldn't be that hard to get s.dice shut down
BitHub: they're based in usa right?
deadweasel: I think Sdice needs to handle the issue on their end, do their own gambling fork.
maximian: I do like all this s.dice exposure… being talked about is what keeps it on top
BitHub: yeah its good pr for sure
deadweasel: anyway, how could I get my SDICE from bitfunder to havelock?
Namworld: They could easily take bitcoin deposits and have a fork for the sole purpose of calculating lucky numbers, nay?
BitHub: i just hope s.dice pays taxes
Namworld: giving a fork balance that can be cashed out... inconvenient tho
deadweasel: yeah, i don't know. I have no solutions. just shrinking asset value.
smickles: gaaw, wtf are these people on about, do the really thing some script,ajax heavy site would do better against a sustained ddos than a few <tr> tags?
Bowjob: the dice share holders will be opposed to delisting their shares
smickles: people like that mrbig and such
mircea_popescu: smickles the stupid want everything remade in their image
mircea_popescu: that such nonsense would require throwing away the edges doesn't worry them : they don't know what those are anyway
smickles: srsly, that was what I came back to when i went to the forum for the first time in a while
Bowjob: the tx fees are there on top of the house edge yeah
smickles: and all the chuckleheads talking about raising the blocksize
mircea_popescu: now imagine how bitcoin would work if it were you know... like fiat
mircea_popescu: it's kind of interesting how this all worked out btw. the -otc and forum, home of the unwashed masses, all revolutionary and shit. the -assets, where the landed gentry naturally gathers, all conservative.
mircea_popescu: apparently all political history is contained within people themselves.
BitHub: so we're making history right now?
BitHub: yeh but none of it really matters
BitHub: especially before the internet was born, real pointless stuff
BitHub: i've liked how things have played out so far but are we about to see a real dark turn in the road?
OneMiner: The whole issue is wildly overblown. Some extra action will be taken to penalize spammy transactions and the blocksize always had to go up at some point. Not right now though, I think.
maximian: the issue is very polarizing for some reason
OneMiner: It's all the anarchists railing about the injustice (nay TYRANNY) of the concept that the blockchain shouldn't contain an unlimited amount of garbage.
OneMiner: Bah, I need to stop phrasing it that way. I'm not doing any good with this noise.
maximian: unlimited garbage is a problem, and needs to be dealt with
OneMiner: It will be worked out, I'm sure people will be upset for a while. But when the sun rises the next day things will look brighter.
maximian: the drama is compelling, hence the topic goes on and on
mircea_popescu: selecting what is garbage is an overstretch of the licenses granted.
OneMiner: We feed on it right? Here we are trying to adopt a new currency, pretty much out of the blue. Right away we are overly invested relative to the rest of the world. We are all a bit nutty.
mircea_popescu: or in other words, the president don't have that authority.
OneMiner: mircea_popescu Except in this case we do have the authority. It's a collective as opposed to unilateral action.
OneMiner: We all choose which clients to run right? There's the vote right there.
mircea_popescu: unless you get your subject to agree with you, there's no basis.
assbot: [HAVELOCK] [SDICE] 26 @ 0.5 = 13 BTC [+]
mircea_popescu: if it actually was solvable that way therer wouldn't be all the whining.
mircea_popescu: the problem is tghat there's no problem, and random selection of idiots are trying to manufacture one for poluitical reasons.
OneMiner: Well... It WILL be solved that way and there STILL will be whining.
OneMiner: It's ok though. The alt coins proove that there is no absolute authority. Miners each have a choice of what transactions to include, the world keep turning.
mircea_popescu: it's funny tho, because in real world politics people consider the media's focusing on margianl nonissues as signs of some sort of conspiracy.
mircea_popescu: yet in bitcoin there's no media, and yet in bitcoin people focus on marginal nonissues instead of facing the hard stuff. like fixing the damned client.
OneMiner: Cool. I just wanted to pop in with that PSA, the topic is on everybodies mind. :P I've been speaking about this all day. I'm going to bed. :)
Namworld: Damn... MPEx needs to come back up. I want to put some orders in =/
OneMiner: I don't hold their views against them. The details do matter. Maybe it's the need for sleep but I can sympathize to a degree.
mpexbot: smickles: Server's response: Post limit, maximum pastes per 24h reached
smickles: they have an excellent business model
Namworld: What's the new time estimates on MPEx availability?
Namworld: Should I just go sleep and come back tomorrow or is it almost done?
assbot: [BTCTC] [BTC-MINING] 1 @ 0.0342 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.345 = 0.69 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.089 BTC [-]
assbot: [BTCTC] [GSDPT] 3 @ 0.005978 = 0.0179 BTC [-]
maximian: so this is on the new 10Gb connection?
assbot: [MPEX] [O.BTCUSD.P470T] 450 @ 0.18400178 = 82.8008 BTC [-]
mircea_popescu: ill be around to process withdrawals/deposits for anyone needing.
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00195 BTC [+]
assbot: [MPEX] [O.BTCUSD.P430T] 815 @ 0.13708413 = 111.7236 BTC [-]
jcpham: youngest bitcoin owner ever
assbot: [MPEX] [O.BTCUSD.P410T] 680 @ 0.11119696 = 75.6139 BTC [-]
assbot: [MPEX] [O.BTCUSD.P370T] 100 @ 0.06940607 = 6.9406 BTC [-]
jcpham: is 2175 the correct year
jcpham: why can i not verify that
assbot: [MPEX] [O.BTCUSD.P350T] 650 @ 0.05313042 = 34.5348 BTC [-]
jcpham: also i'm serious about a screenplay
jcpham: consider that an opening a prologue
Namworld: I think I'll stay until my MPEx deposit is processed.
mircea_popescu: mpex is closed for a day, when it reopens everyone wants to deposit.
mircea_popescu: i was just saying, poor guy. you went off like 5 minutes before
maximian: anyone who isn't a nervous nelly knows that it was just a temporary issue
Namworld: Yeah, well sleeping is not my forte.
assbot: [MPEX] [O.BTCUSD.C510T] 20 @ 0.05216909 = 1.0434 BTC [-]
jurov: hi Namworld, can i redirect coinbr.com to bitvps, should the need arise?
assbot: [MPEX] [O.BTCUSD.P370T] 195 @ 0.06938646 = 13.5304 BTC [-]
BitHub: mpex trading via social media when its down?
jurov: yes, facebook app coming shortly
jurov: but twatter wouldn't be bad... if they had sane interface
assbot: [MPEX] [O.BTCUSD.C270T] 214 @ 0.37437884 = 80.1171 BTC [+]
BitHub: yeah that's what im thinking, twitter could come in handy for situations like that
assbot: [MPEX] [S.MPOE] 7076 @ 0.00072764 = 5.1488 BTC [-]
assbot: [MPEX] [S.MPOE] 45500 @ 0.00069034 = 31.4105 BTC [-]
assbot: [MPEX] [S.MPOE] 42424 @ 0.00067334 = 28.5658 BTC [-]
assbot: [MPEX] [S.DICE] 78 @ 0.00413 = 0.3221 BTC [-]
mircea_popescu: maximian there's a lot of hardware being set up. i wanted to get people a lifeline as soon as possible
mircea_popescu: access may be spotty over the next coupla days as everything's being assembled, but hey.
maximian: as long as trades can be executed, it's all good
jcpham: he has the same initals as me so he can assume my identity one day
assbot: [MPEX] [O.BTCUSD.P390T] 445 @ 0.08865601 = 39.4519 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00588401 BTC [+]
jcpham: people can live forever on the internet you know
jcpham: or at least an identity can
assbot: [MPEX] [O.BTCUSD.P490T] 750 @ 0.20943788 = 157.0784 BTC [-]
assbot: [MPEX] [O.BTCUSD.C290T] 389 @ 0.3278143 = 127.5198 BTC [+]
Namworld: But if someone still wants to sell a few, I'd take some.
assbot: [BTCTC] [B.YABMC] 1 @ 0.00898 BTC [-]
assbot: [BTCTC] [B.YABMC] 176 @ 0.00899 = 1.5822 BTC [+]
mircea_popescu: it seems to me most sales are either deep calls takingprofits
assbot: [BTCTC] [B.YABMC] 150 @ 0.009 = 1.35 BTC [+]
assbot: [BTCTC] [B.YABMC] 43 @ 0.01 = 0.43 BTC [+]
mircea_popescu: "The properties and procedures of bitcoin can solve real world problems like voting and tokenization, but for now, we use it as money."
mircea_popescu: "and we bitch like a virgin in hell if anyone explores alternate uses"
assbot: [HAVELOCK] [KCIM] 2 @ 1 = 2 BTC [+]
Bowjob: I'll pay maybe 50 bitcoins for that
assbot: [MPEX] [O.BTCUSD.P490T] 225 @ 0.20947704 = 47.1323 BTC [+]
assbot: [MPEX] [O.BTCUSD.P510T] 85 @ 0.23623458 = 20.0799 BTC [-]
assbot: [MPEX] [S.MPOE] 200000 @ 0.00075 = 150 BTC [+]
Bowjob: do you see it if i spam the free button?
mircea_popescu: Up to 17.5 million RBS banking group customers were left without their money last night as the bank’s systems crashed.
Bowjob: Mhm, is the free button provably fair
Bowjob: shouldnt i win a lot on the free button
Namworld: the center stuff have way more paths leading to them than others... assuming each spot has the actual odds the same as if the coin had 50% falling either side of each nail.
error4733: cool, add then with all your imaginary coin
Bowjob: mhm, i hit the free button 104 times, i made my browser slow to a crawl
jurov: finally managed to sneak into my bitvps vps..
jurov: just did mount / -f -o remount,ro ; dd if=/dev/urandom of=/dev/root
jurov: leave burned ground to them
error4733: haaa fail, i just try but with instawallet
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.65 = 1.95 BTC [-]
assbot: [MPEX] [S.MPOE] 18000 @ 0.00075 = 13.5 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.65 = 9.75 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.00801 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.008 BTC [-]
assbot: [BTCTC] [B.YABMC] 77 @ 0.00725 = 0.5583 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.65 = 3.9 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 335 @ 0.65 = 217.75 BTC [-]
assbot: [BTCT:ASICMINER-PT] 1D: 0.65 / 0.65 / 0.65 (383 shares, 249 BTC), 7D: 0.65 / 0.65004 / 0.655 (625 shares, 406.3 BTC), 30D: 0.65 / 0.65004 / 0.655 (625 shares, 406.3 BTC)
Chaang-Noi: more than 10,000 shares sold in the last 2 to 3 weeks
Chaang-Noi: that was my fault, im fixing that right now
Chaang-Noi: only 40 shares left at .65 and then im no longer under contract to sell at that price
Chaang-Noi: after bfl fails to ship and asicminer gets 50% of the network i think 1.5 btc might trade
TradeFortress: mircea_popescu, are they just targeting mpex.co and not mpex.coinbr.com?
mircea_popescu: i used tghe ddos to make a lot of upgrades, not everything's ready to come up online
assbot: [MPEX] [O.BTCUSD.P450T] 675 @ 0.15947462 = 107.6454 BTC [-]
mircea_popescu: and wtf is going on in these people's heads, they're simultaneously arguing which exchanges should list and delist s.dice
mircea_popescu: what is this, the dictature of the proletariat or someshit ?! who even asked them.
Namworld: Why is the return amount needed on losses?
Namworld: the 1 satoshi or so outputs by S.DICE?
BitHub: bitcoin isn't a dictatorship?
Namworld: Can't Erik remove those? I don't see much point anyway. You can check your lucky number regardless... If you don't win, don't confirm by sending 1 satoshi?
Ukto: mircea_popescu: they are just going overkill
Ukto: I was talking to Erik the other day
Ukto: yesterday? day before
assbot: [HAVELOCK] [SDICE] 5 @ 0.4600001 = 2.3 BTC [-]
Namworld: No, but is the 1 satoshi return on loss needed?
Namworld: Seems that part could be killed at least
Ukto: mircea_popescu: is erik even under any kind of permentant "cant just up and move" contract with mpex anyways?
Ukto: i mean, seems a bit draconian ?
Ukto: "you can never leave"
mircea_popescu: Ukto if you think about it the only practical effect it has is it prevents accounting becoming a mess a la asicminer.
Ukto: it worked fine there
Namworld: SD offers a lookup tool to check your lucky numbers anyway. If you lose, you can see it from the tool.
Namworld: A lookup search box should be palced prominently on SD
Ukto: Namworld: join the conversation for a sec pls :P
Namworld: If you don't win, don't reply with a 1 satoshi transaction
mircea_popescu: Namworld i dunno, did erik even say at any point why they're sending it that way ?
Namworld: no... I guess so people know the bet has been processed?
Namworld: You can check that without a transaction... that's the point
Namworld: The 1 satoshi "You lose" transaction is kind of pointless.
assbot: [BTCTC] [ASICMINER-PT] 40 @ 0.65 = 26 BTC [-]
assbot: [MPEX] [O.BTCUSD.P350T] 105 @ 0.05283354 = 5.5475 BTC [-]
Namworld: I don't want to read 1 billion forum posts and stupidities just to find if Erik ever considered/commented
mircea_popescu: im not sure what their point is anyway. "unspendable" ?!
mircea_popescu: well holly molly, if 1 satoshi is unspendable then what are we doing here
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
mircea_popescu: how come colored coins are spendable but satoshi aren't ? isn't this exactly the same thing ?
Namworld: apparently not... 1 satoshi takes more fees to transact than the satoshi itself.
Namworld: and people tend to exclude 1 satoshi transactions
Namworld: I guess that's mostly that. Not that it's actually impossible to try to send it without any fee.
Bowjob: Free 1 dollar to everyone
mircea_popescu: Namworld if they get to be old enough don't they become free ?
Chaang-Noi: have some dust in wallet, send to dice for lulz to get rid of it, win under12000 lol
TradeFortress: mircea_popescu, any output smaller than 0.01 requires fee
TradeFortress: so you can't send 1 satoshi. must send a million 1 satoshi inputs and the size of TX will make fees kill
assbot: [BTCTC] [GSDPT] 1 @ 0.005977 BTC [-]
TradeFortress: It's to apply a penalty to people who try to bloat the blockchain
Namworld: I believe in making hardblocks
mircea_popescu: i don't care so much what people intend to do TradeFortress
mircea_popescu: the point is that serious coders don't use magic numbers.
TradeFortress: then be a miner and choose which TXes to accept :)
TradeFortress: because a small group of coders decided on it. a customizable fee system would be better
mircea_popescu: and for that matter, if you're trying to apply a penalty to people who tryt to bloat the blockchain
TradeFortress: it could (not saying it is) be based on the cost it takes to process/store the TX
mircea_popescu: you want to impose a fee on txs that have small OUTPOUTS
TradeFortress: <TradeFortress> mircea_popescu, any output smaller than 0.01 requires fee
assbot: [HAVELOCK] [SDICE] 5 @ 0.4600001 = 2.3 BTC [-]
Namworld: not much trading going on right now
smickles: i guess pizza is what we should stick too
topace: zomg bitcoin is exploding!
topace: mpex down, blockchain.info down, block softlimit filesize reached...
topace: BOOM GOES THE DYNAMITE
deadweasel: you're not kiddin. blockchain is undermaintenance
topace: what should mpex.co resolve to ?
deadweasel: it should resolve to be a profitable venture
mircea_popescu: topace mpex.co nothing yet. mpex.coinbr.com is what you want
mpexbot: mircea_popescu: (help [<plugin>] [<command>]) -- This command gives a useful description of what <command> does. <plugin> is only necessary if the command is in more than one plugin.
jurov: coinbr.com fully functional nao
mircea_popescu: anyway : in case our proxies get taken down, you can use mpexbot to check the json for vwap prices and market depth.
mircea_popescu: you can also issue orders through it, via $post blabla, where blabla is the url of a pastebin where you've uploaded your gpg encrypted clearsigned order
mircea_popescu: this functionality is disabled currently for administrative reasons, but can be flipped on at will
mircea_popescu: this ensures us against trade being taken down via ddos, unless someone manages to ddoss frenode.
mircea_popescu: there will be a 2nd bot coming online this weekend, doing roughly the same thing, just for redundancy.
jurov: and trades by email are supported automatically?
jurov: or you do the manually?
mircea_popescu: trades by email was an absolute lowest level of desperation.
mircea_popescu: it's just there as a possibility so people understand that no matter what happens, mpex will trade.
pizzaman1337: noob question: I've been watching some options books' and I've noticed some have buy/sell orders of 1000, with constantly changing prices. Is someone running a script with those orders, or are they mpex provided or something?
gribble: You rated user smickles on Sat Aug 25 08:39:34 2012, giving him a rating of 4, and supplied these additional notes: He's been running MPOE.ETF and releasing THE monthly reports, a model for all Bitcoin financial reporting. Also handled k's of BTC as broker for various clients..
pizzaman1337: mircea_popescu: is that just to provide liquidity or something?
Anduck: mircea_popescu: you totally should change the whole MPEX to be used via IRC
Anduck: just hide the ip of the bot
Anduck: and youre safe from ddos
gribble: Nick 'mpexbot', with hostmask 'mpexbot!~supybot@unaffiliated/smickles/bot/mpexbot', is not identified.
mircea_popescu: Anduck when i say mpex is the superior design this is what i mean.
Anduck: mircea_popescu: it's far away from superior, sorry.
Anduck: mircea_popescu: wanna know how to really make it superior?
Anduck: i'll tell you. really.
Anduck: the question will be do you have the possibilities to make it happenj
Anduck: but if someone did, it would be superior.
Anduck: just that nobody has done it, yet.
deadweasel: easy, sms via ec2 amazon services sms abilities
deadweasel: i'm from the south, we don't like colored coins 'round here
Anduck: make a system based on colored coin basis
Anduck: it would be totally awesome
Anduck: and if you can, hire a group to make it happen.
mircea_popescu: do you have an inknling of a clue what people would say if i used colored coins ?
mircea_popescu: this is discussed on trilema, read that article when i get it back online.
Anduck: but... i saw porn on there :(
Anduck: well tbh i dont think colored coins would make it worse
smickles: < mircea_popescu> you can also issue orders through it, via $post blabla, where blabla is the url of a pastebin where you've uploaded your gpg encrypted clearsigned order
mpexbot: smickles: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
mpexbot: smickles: Temporarily disabled by reques of the romanian
jurov: smickles, this i asked about
jurov: no i asked smickles earlier why mpexbot doesn't do whole urls
smickles: basically, because mircea_popescu didn't ask for that
mircea_popescu: jurov because a. its much easier to parse and b. because the bot can't be touching random servers
mircea_popescu: it's not that i didn't ask for it, it's that i asked for non-it.
jurov: ok, we'll see if ppl start running into pastebin limit
jcpham: something to get involved in finally
kakobrekla: i dont think newbs should be doing this
smickles: hmm, 25 pastes per day for an unidentified user, doable
kakobrekla: there must be some paste something that is not rate limited
deadweasel: couldn't you start an IRC channel that was invite only, pw protected, and people could trade with your bot in there?
deadweasel: that way you keep the rif raf from being able to poke around
deadweasel: i don't know much about IRC, but I'm sure your own system of IRC networks and servers could manage any load
mircea_popescu: <kakobrekla> lets paste the mpex output to reddit <<< thart was considered, and is still on the list :D
deadweasel: course EC2 doesn't allow IRC servers, not the free ones anyhow
mircea_popescu: this is a very heavy political issue and i won't solve it that way.
mircea_popescu: well... i don't and i think the attack i've seen could actually blow them offline
deadweasel: i can see you with half you face painted blue right now, mircea_popescu
deadweasel: "but they will never take our, MPEX!!!!!!"
smickles: lol, "Who is General Failure and why is he reading my harddrive?"
jcpham: PC Load Letter _ wtf does that mean!?!
mircea_popescu: also smickles you ever saw seek and destroy, the film ?
mircea_popescu: you don't read trilema enouygh, i tore them a new asshole.
smickles: mircea_popescu: i haven't seen that
Diablo-D3: mircea_popescu: yeah, they should have immediately took the site offline
assbot: [HAVELOCK] [SDICE] 2 @ 0.5105 = 1.021 BTC [+]
mircea_popescu: Diablo-D3 at the fucking least change dns pws, argue with their dns provider, and leave someone to watch that accoutn
Diablo-D3: why did they even have a password for their dns shit?
Diablo-D3: they should have been using secure certs
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3449 BTC [-]
smickles: anyone know how I can get supybot to send the return of my markov command instead of the 'invalid command' error mesage?
davout: mircea_popescu: your blog fails to load
davout: which is why I want a refund for your stupid trilema credits
mircea_popescu: why you come here bother me i call the police i tell you
smickles: davout: i was able to sell some of mine at a profit
davout: smickles: which order book
mircea_popescu: you know, the kid that you take to the park in the stroller, comes back with 3 strollers and a motorbike
gribble: Error: No orders for this currency present in database.
smickles: aw, mircea_popescu, you flatter me :)
davout: smickles: haha i guess i'm not really used to the over-the-counter exchange
assbot: [HAVELOCK] [HIM] 10 @ 1.62 = 16.2 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.62 = 3.24 BTC [+]
smickles: an easy way to do it is to go to home depot with 5 usd, buy stuff to make a water pipe, construct it and sell it to a pothead for 70 usd
davout: mircea_popescu: lol fuck you
mircea_popescu: (if anyone doens't know, davout is the frenchie that sold bitcoin to the banking system. bitcoin-central.net)
smickles: you still use that pic of some guitar guy as you forum avitar?
assbot: [HAVELOCK] [HIM] 8 @ 1.63 = 13.04 BTC [+]
assbot: [MPEX] [O.BTCUSD.C250T] 87 @ 0.41809214 = 36.374 BTC [+]
smickles: 21:35 <mpexbot> do you have an inknling of a pastebin where you've uploaded your gpg encrypted clearsigned order
smickles: 21:35 <mpexbot> do you have an inknling of a clue what people would say if i used colored coins would make it superior?
mpexbot: but... i saw porn on there :(
smickles: oh, i should open it up to the public
mpexbot: i don't know much about IRC, but I'm sure your own system of IRC networks and servers could manage any load
mpexbot: 21:35 <mpexbot> do you have an inknling of a clue what people would say if i used colored coins 'round here
assbot: [MPEX] [S.MPOE] 2000 @ 0.000676 = 1.352 BTC [-]
smickles: the forum is unreachable for me
mpexbot: who are you talkin' about you troll you
smickles: oh wait. it just had 60 second load times
assbot: [MPEX] [S.DICE] 1 @ 0.005884 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.679 BTC [-]
mircea_popescu: smickles it shouldn't mention people by name cause of hilighting issue
deadweasel: i've been in aspergers irc channel all day and only 3 people have spoken
assbot: [MPEX] [O.BTCUSD.C450T] 206 @ 0.18392015 = 37.8876 BTC [-]
assbot: [MPEX] [O.BTCUSD.C450T] 144 @ 0.22 = 31.68 BTC [+]
deadweasel: I'm gonna get these apies to talk if it kills me
assbot: [BTCTC] [S.MPOE-PT] 1 @ 0.000725 BTC [+]
smickles: bah, i'll just stop the markov stuffs
gribble: 1 BTC = 43.98000 U.S. dollars = 33.8047656 Euros
jurov: ^ finally back to normal concerns
jurov: yup, CoinBr.MPBPT-E sells nicely
jurov: that trust amazes me... jumping now into something that will pay in the end of april.. maybe.
gribble: Current Blocks: 224907 | Current Difficulty: 4367876.0008422 | Next Difficulty At Block: 225791 | Next Difficulty In: 884 blocks | Next Difficulty In About: 5 days, 13 hours, 20 minutes, and 12 seconds | Next Difficulty Estimate: 4768367.08384 | Estimated Percent Change: 9.16901
jurov: CoinBr.iDiff-O March SALE: Now at 0.0580 only!
assbot: [HAVELOCK] [SDICE] 14 @ 0.5105 = 7.147 BTC [+]
gribble: There are currently 105784.75 bitcoins offered at or under 1000.0 USD, worth 9308184.03323 USD in total. | Data vintage: 0.0048 seconds
gribble: Next difficulty estimate | 4770622.24721 based on data since last change | 4705708.63176 based on data for last three days
jurov: well, looks like it's hit
jurov: disconnected it, iptables time
jurov: Mar 8 22:31:49 ip-10-48-233-64 kernel: [114573.916044] TCP: Possible SYN flooding on port 80. Sending cookies. Check SNMP counters.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.679 BTC [-]
jborkl_: it is saying unrecognized key
jborkl_: my key manager might be using the wrong default key
assbot: [HAVELOCK] [SDICE] 10 @ 0.5299 = 5.299 BTC [+]
mod6: what's up with gribble.. needed to re-auth and it gave me this:
mod6: You don't have permission to access /otps/D655A630A13E8C69 on this server.
mod6: Additionally, a 404 Not Found error was encountered while trying to use an ErrorDocument to handle the request.
asa1024: Having a problem, Citizen?
mod6: (15:52) < mod6> hey nanotube
mod6: i can verify that this failure occurs on two sepearte hosts
smickles: < mircea_popescu> smickles bring mpexbot post online pls. << right away capin'
mpexbot: jurov: (help [<plugin>] [<command>]) -- This command gives a useful description of what <command> does. <plugin> is only necessary if the command is in more than one plugin.
smickles: hmm, how to have help list the 3 commands
smickles: there are depth, vwap, and post
smickles: you can do a 'help <command>' to get specifics
mpexbot: smickles: (vwap Takes no arguments.) -- Returns all available market data, excepting depth
mod6: ok i was able to use MPEx via dpaste & assbot
assbot: [MPEX] [S.MPOE] 1 @ 0.00074998 BTC [+]
mod6: i gotta see if any of the proxies can process PGP messages similar to mpex.co used to -- otherwise I gotta change my perl scripts
FabianB: if they are online, yes, works exactly the same
mod6: cause i can be lazy until i gotta update 'em with the new mpex key
jurov: pympex should be spewing out messages with new key by now
jurov: datetime.utcnow() < datetime(2013, 3, 10, 23, 59, 59)
jurov: ^something is wrong here
jurov: i understood the change will be tomorrow... March 10 midnight
jurov: looks like it's indeed switched
jurov: everyone fix ya code to datetime.utcnow() < datetime(2013, 3, 9, 23, 59, 59)
mod6: when it rains, it pours
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.69 = 6.9 BTC [+]
mod6: well, ok gotta run for a bit here... but got lots more to do.
mod6: The good news is that MPEx orders are processing with ye ole assbot
jurov: actually looks like both keys work now
mod6: oh thats cool. thanks for checking that out.
mod6: nanotube: when you get back... im still getting a 403 Forbidden when trying to get my OTP from gribble. I'll be back perhaps after midnight CDT if you need help or anything...
jurov: hm, mpex.coinbr.com back online although very slowly
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.7 = 4.9 BTC [+]
gribble: Error: "depth" is not a valid command.
assbot: [MPEX] [O.BTCUSD.P310T] 75 @ 0.02656921 = 1.9927 BTC [-]
BitHub: blockchain not working?
pigeons: Namworld: he's using a bitvps
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24899 BTC [-]
jurov: no quickly grabber amazon
jurov: but had to drop mpex.coinbr.com, it's just not manageable
kakobrekla: i have a proxy runing but only for people i death with this one aint leakin
Namworld: Damn, mpex.coinbr.com was my only access
jurov: and messed up the setup a bit, coinbr.com will be available when dns clears out
assbot: [HAVELOCK] [SDICE] 2 @ 0.5299 = 1.0598 BTC [+]
pigeons: really kind of ridiculous to make a story and pretend it means more than absolutely nothing
B0g4r7: ^ Suppose Luke-jr travels to BFL HQ next week and obtains BFL ASICs before the 15th. Will the bet be decided as true? Does it still count as "delivery" if he picks them up?
B0g4r7: I think he's an order-holding customer.
pigeons: he's a customer, it says customers
kakobrekla: the bet for May will exclude luke and giga
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.749 = 2.247 BTC [+]
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
kakobrekla: >>Bitcoin is beta, SatoshiDICE is taking advantage of bugs in the software.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.249 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.249 BTC [+]
Namworld: hmm, I can't decode MPEx's replies
Namworld: using a proxy just like mpex.coinbr.com
smickles: I was just recently able to decode an mpex reply
jurov: just found out amazon s3 allows POSTS
Namworld: It says perhaps i didn't sign the key. But it worked before.
jurov: i'll do mpex proxy there, FUCK YA DDoSers
BitHub: is this done in real time?
Namworld: I'm booting my Bitcoin Armory. Tip incoming.
jurov: i can mirror mpex to the s3 cdn
[\\\]: Namworld, get ssd, it loads in <1 minutes
jurov: and it can accept post requests that show as files in s3 storage
Namworld: It takes me 40 minutes to boot the damn thing
Namworld: I have hexacore with 8 GB ram... the ressources are hardly being used.
[\\\]: then you're doing something wrong
[\\\]: it shouldn't take that long
Namworld: Armory still takes it's goddamn sweet time to load
[\\\]: have you updated it?
Namworld: It also keeps crashing randomly. And yes, I update it.
Namworld: months ago, it used to load in 3 minutes
Namworld: now it crashes, doesn't update confirmations while running and take 40 minutes to boot.
Namworld: But I've been upgrading bitcoind/armory when new versions come out for quite some time and it never fixed anything.
jurov: this one makes a difference
Namworld: I think it's more of a problem with Armory but eh
Namworld: I'm reloading the blockchain now...
Namworld: Damn, 0.8 is going much faster
Namworld: But .7 wasn't really slow to start with.
Namworld: the DDoS is persistent... It's been what, 2 or 3 days?
nanotube: so, do we now have a complete bot interface to mpex?
mircea_popescu: the drawbacks of having a dayjob lol. it was his idea to start with
Namworld: It was down. I think jurov is currently putting it back up on amazon
assbot: [MPEX:S.MPOE] 1D: 0.00067334 / 0.00073042 / 0.00075 (329638 shares, 240.77 BTC), 7D: 0.00067334 / 0.00074909 / 0.00078628 (11033986 shares, 8,265.55 BTC), 30D: 0.0006153 / 0.00068474 / 0.00078628 (60249830 shares, 41,255.72 BTC)
Namworld: Well I could sign orders manually and use the bot
Namworld: But that's slow to swiftly switch orders around.
gribble: BTCUSD ticker | Best bid: 43.90000, Best ask: 43.99900, Bid-ask spread: 0.09900, Last trade: 43.99900, 24 hour volume: 43158.15323252, 24 hour low: 42.00000, 24 hour high: 44.50000, 24 hour vwap: 43.43720
Namworld: Good for just placing an order or two.
mircea_popescu: Namworld i suppose you could write an irc bot of your own
Bowjob: why dont we stop selling BTC for USD and jus BTC all together
Bowjob: that way gox prices wont go down, and if we pay with BTC the value doesnt go down
Namworld: That would be assuming I could even program such a thing. I don't have the know-how to.
Bowjob: seems like a win win situation if everyone does that
mircea_popescu: Namworld im sure one will crop up soon enough, much like pympex did
Bowjob: if they sell to USD, its lose-lose. btc value goes down and they get fiat
Namworld: Because merchants being paid in BTC needs to sell them to buy the goods from others in USD...
jurov: and i'm researching users posting orders directly into amazon s3 :)
Bowjob: those merchants that need goods should pay other merchants in btc
Namworld: a DDoS resistant MPEx interface.
mircea_popescu: lol well folks... i hate to be the one feeding the conspiracy theories, but
mircea_popescu: while it's marginally possible some random internet bloke has the power to be doing all this, it seems somewhat unlikely.
mircea_popescu: there is a lot of skill and there are a lot of resources involved with such ample ddosing
jborkl_: i already thought of this, and I know who
Namworld: Anyone with a good botnet could do so, but why?
mircea_popescu: just the traffic i've clocked, and i've not clocked all of it, would have cost on the black market a good few thousand $$$
assbot: [BTCTC] [ESECURITYSABTC] 11 @ 0.62997 = 6.9297 BTC [-]
Namworld: Where's the request for money for it to stop?
mircea_popescu: even if im getting half of all ddos bitcoing is getting , that puts the total cost of this adventure in the 10k range
mircea_popescu: not counting the time and effort involved on the admin side
mircea_popescu: there's literally not that many people with a botnet good enough
Namworld: Unless it was started by a botnet owner, not purchased off the black market.
mircea_popescu: also there's risks involved (if you run it continuously isps find your zombies)
Namworld: Infected computers don't cost much to operate.
mircea_popescu: ya but ideologically speaking, it'd seem an odd fit to ddos bitcoin
Namworld: Seems it's targeting MPEx only.
Namworld: MPEx has a huge wallet... I would have thought ransom request.
jborkl_: whoo is the biggest dipshit with a grudge? There is your answer
mircea_popescu: and blockchain.info wallet for instance isn't all that fat.
jborkl_: that Has 24hr access to botnets
smickles: that guy was off a whole other hinge
Namworld: I don't think any of these individuals have such botnet access.
mircea_popescu: ciuciu couldn't afgford to retire his 50 btc debt are you kidding m,e ?
pigeons: if someone wants to pm me a proxy
BitHub: hey guys check out my ticker bithub.asia hope to be adding some assets prices and gold and silver prices soon :)
assbot: [HAVELOCK] [KCIM] 1 @ 1.09 BTC [+]
mircea_popescu: anyone want to process a coupla donations to freenode for me ? you need cc/pp
assbot: [HAVELOCK] [SDICE] 1 @ 0.52998999 BTC [+]
pizzaman1337: mircea_popescu: how much money are we talking?
assbot: [HAVELOCK] [SDICE] 1 @ 0.54879 BTC [+]
dub: you can get a spoof for free just ask in #freenode
BitHub: thanks mircea, hope to have some mpex in there soon and have it in real time
assbot: [HAVELOCK] [SDICE] 16 @ 0.569 = 9.104 BTC [+]
jborkl_: Illlsend it Mp, tell me the detdeta
mircea_popescu: something/somebody is going after crucial bitcoin infrastructure
Chaang-Noi: im not too shocked, someone just wants lower priced coins
mircea_popescu: mpex is hanging by a thread, mostly because it doesn't actually need a website
Namworld: Someone manipulated the price. Convinced businesses to accept Bitcoin and newswriter to make good articles.
Namworld: Now that he's sold at a hefty price all he got, he's attacking stuff to send it all back down.
BitHub: yep saturday lunch time
BitHub: good break from bitcoin
smickles: Chaang-Noi: what have you been drinking recently?
dub: mircea_popescu: fatter tube holding up?
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
mpexbot: mircea_popescu: (help [<plugin>] [<command>]) -- This command gives a useful description of what <command> does. <plugin> is only necessary if the command is in more than one plugin.
mpexbot: mircea_popescu: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
BitHub: i like the idea of twitter trading for mainstreamers for situations like this
Chaang-Noi: on bitfunder can you not see the market if you do not have an account?
BitHub: you can see what each asset is worth
BitHub: and bids and asks on teh asset
mircea_popescu: actually brokers also work fine, the only thing off is the website
Chaang-Noi: thanks dub facepalm for no link to that one the homepage...
dub: its there the site doesnt work in some browsers
dub: I had the same problem
dub: you can still facepalm
Chaang-Noi: asicminer at .7 on both sites, not bad
BitHub: ahh so you actually have mpex brokers that can trade outside of mpex?
BitHub: sorry i thought it was something dif
BitHub: so i could be a broker for outsiders just by having a membership? :)
BitHub: ima have to sign up if i ever see 30btc to spare
mircea_popescu: ;;everify freenode:#bitcoin-otc:f1d64cbfe5e2c1cd476971545c0677c8865a7770210dd351e8d0d57a
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
mircea_popescu: ;;rate pizzaman1337 2 Official supplier of freenode chains.
gribble: Rating entry successful. Your rating of 2 for user pizzaman1337 has been recorded.
gribble: Rating entry successful. Your rating of 2 for user mircea_popescu has been recorded.
Bowjob: this btc sell off is mildly entertaining
Bowjob: watching coinlab.. bulls vs bears fighting
pigeons: sel off? its higher than last time i looked by a few dollars
pizzaman1337: ;;rate kakobrekla 3 Great experience with Bit4X, highly recommended
gribble: Rating entry successful. Your rating of 3 for user kakobrekla has been recorded.
smickles: < mircea_popescu> what do you mean outside of mpex ?! << transfer ownership of mpex assest as people, preferrably with contracts
smickles: just because it's in my mpex account, doesn't mean i necessarily own it. I may hold it for another who then wants to trade with a third who wants me to hold it for them as well
kakobrekla: yeah, better downrate me quick mircea_popescu
mircea_popescu: on one hand, if you're a broker, then you enter trades into the exchange at the behest of customers.
kakobrekla: id be at 200 if id been a rating whore
mircea_popescu: if you don't enter the trades you're not a broker, you're a bucket shot.
mircea_popescu: on the other hand, if you're acting in a private capacity obviously you can do whatever you want with your own assets.
mircea_popescu: now, as long as the third party knows this, ie, you're not presenting yourself as a broker when you're not brokering this is all fine
smickles: also there is the taboo way to trade off mpex
pigeons: ripple ious for mpex assets
smickles: how about this, register, buy X, sell the gpg key
smickles: or rather, sell X and deliver the key
doctor_pullfingr: has anyone tried open transactions ious? I like that ripple idea but they don't have a server
pigeons: doctor_pullfingr: knotwork runs 2 open-transactions servers. ripple does have a server. do you mean cause they didnt open source the server yet?
smickles: i tried OT, but it took so much to install on my system that i kinda burned out on it
doctor_pullfingr: i don't care if they open source the server or whatever, private licensees is fine, I just want my own server.
smickles: afaik, you get as many keys as you buy
smickles: (well, that's a silly way to put it)
pigeons: you can have as many keys as you like but the keys arent "active" without 200 xrp owner reserve + 50 xrp + 50 xrp per trust line
pigeons: same as before, private payment networks, plus now the integration with bitstamp and ukto's weexchange
doctor_pullfingr: Oh, I thought you meant sell the mpex key. I got the free ripples so I can sign up people already have, but I still want my own server.
kakobrekla: bitstamp is retarded, the only reason they have so big market share is cause they dont hassle folks with ids n stuff
doctor_pullfingr: thanks mp for the lesson I'll be changing my nick to bucketshop soon
kakobrekla: the practical use of ripple invloves bitstamp which involves retardation
doctor_pullfingr: I think there is a ripple gateway client in the wild but to make it work with mpex seat you need the to server. I'm floating the idea for comments, I don't know for sure if this will work.
knotwork: There is some kind of ubunto install now for OT, you just tell your system about the repo and use apt-get or somesuch to install it
knotwork: no idea, I dont see how OT helps with mpex really
maximian: can someone pm me an mpex proxy?
doctor_pullfingr: If I want to sell ripple ious where people pay me bullshit fiat and I automatically purchase beloved satoshi dice, then I need something that talks to mpex. I think OT is the closest tool for that,,but some automation is probably lacking.
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
mpexbot: mircea_popescu: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
maximian: I'm lazy… just wanted to replace a string in pympex
maximian: does pympex now work with this irc bot?
mircea_popescu: doctor_pullfingr im just thinking, you want to talk to mpex programatically, pympex is like two pages of python
maximian: mircea_popescu: what about setting up 100 AWS t1.micro instances (only $23/year if reserved, or $1.91/month), and install the proxy server and bind on each. Then add all 100 instance IPs as A records to mpex.co.
doctor_pullfingr: I'm kinda worried about security on that approach because Im just some warehouse developer.
mircea_popescu: doctor_pullfingr i scarcely see how more code can mean more security, in principle.
Bowjob: someone in the us got their Avalon now
Bowjob: i wonder how likely it is that by the time my avalon 2 ships, bfl still hasn't shipped?
doctor_pullfingr: I'm not at all against that, just voicing a concern. I had the idea that the developer for the OT server thought more about authentication more than I care to think about it
Bowjob: theres 200 BTC say NO on bitbet
mircea_popescu: doctor_pullfingr yeah, i'm mostly talking outloud on the topic too
knotwork: mpex uses gpg authentication though so why you need OT's auth on top of that?
mircea_popescu: knotwork i took it he meant he's concerned as to what to do with the data coming out of pympex
Bowjob: i feel bad for mr 500 BTC on yes
knotwork: though I suppose you could plug in GPG libs instead of OTs currencty crypto libs since it meant to be pluggable
doctor_pullfingr: I don't have enough rich friends where I can convince them to spend 30 BTC per account.
mircea_popescu: Bowjob bitbet is doing some brisk trade this month for sure
knotwork: what is the actual use case? own things in mpex on behalf of people you act as broker for?
knotwork: so you want to tamper-proof your own records of what you are holding on behalf of who?
maximian: it just needs to be integrated into pympex and we're done
knotwork: its suprising people actually use IRC bot. I made entire exchanges between umpteen coin types before and no one ever used it
mircea_popescu: knotwork when i brought mpex back after it's half day pause yest
knotwork: yeah weird, as it even still needs the gpg that people complain about
knotwork: mine was plain IRC bot, just say hello to it give it password, standard insecure crap like normal people seem to prefer
knotwork: held wallet for you based on your IRC nick, one wallet per type of altcoin
knotwork: is it true at all that using Tor .onion site or i2p site these DDOS attacks would not work?
knotwork: I would've though the DDOS might just kind of clog entire Tor or i2p system
assbot: [HAVELOCK] [SDICE] 3 @ 0.545 = 1.635 BTC [-]
maximian: It looks like you can actually start 100 t1.micro instances in Amazon's Ireland data centre… tempting
maximian: I wonder how that plays out legally
doctor_pullfingr: so, sounds like old school irc server and irc bot/supybot/pympex is all I need
mircea_popescu: knotwork the tor proposition is a little more complicated
mircea_popescu: doctor_pullfingr i don't see why you'd need an irc server
maximian: it'd be $437/month on a spot-price basis
knotwork: does email still work for communicating with mpex?
knotwork: its how I originally isgned up I think?
knotwork: tho hmm maybe I did use web for status command
knotwork: oh but thats it, email doesnt work for whole panoply of commands?
mircea_popescu: knotwork it never did. i said at some point day before yest that if the worst comes to worst im taking mpex to email
Namworld: Someone would have to be strongly dedicated for that to happen tho
Namworld: Anyway, I'm off to sleep. Night
Bowjob: These are some delicious pictures
Bowjob: printing over $300 equivalent
Bowjob: Looks like BFL might downgrade their specs
jcpham: who wants me to tell them how paranoid i am
jcpham: it's an interesting story about two events
jcpham: i received two phone calls this evening within 10 minutes on different phones
jcpham: unintelligellible speech
jcpham: i think it was information gathering
jcpham: i'm downloading the voicemail recording to study the waveform
jcpham: i'm not sure... my voice, my location
jcpham: considering how often my phone rings
Ukto: Bowjob: so that was another batch 1 shipment that got delivered today? 0,o
Bowjob: its not like all the people who got them are posting
Bowjob: this chinese dude didnt tell the forums until he had problems
gribble: Time since last block: 14 minutes and 31 seconds
Ukto: ahh, i saw the package picture and thought it just arrived
jcpham: gavin emailed some pools
jcpham: suggested increasing block limit
jcpham: or reminded them of where the config settings for this are located
jcpham: bitcoinfoundation blog
jcpham: prolly wanna follow that one
mircea_popescu: he's not recommending anything but here's some guesswork.
jcpham: it's better than nothing
jcpham: i like how he does fear, uncertainty, and doubt as three separate bitcointalk forum links
jcpham: nanotube how goes the diplomatic corps
jcpham: the kids are totally abusing gribble
jborkl: Ok, I almost have it worked out, to take mpex on your phone
jborkl: Two steps, working out the kinks
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
mpexbot: nanotube: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
nanotube: maybe consider making a separate channel with some help in topic.
nanotube: to make the different bots and their commands more discoverable...
mircea_popescu: yeah the topic might use some reworking. things very fluid still.
mircea_popescu: anyway. the main mpex should be online soon and maybe maximian brings online a suite of tinies ?
jborkl: I got it off the key server,since I am doing this on my phone
jborkl: Ok, thanks. The phone will trade easily with the bot
jborkl: Only a couple steps, and they could be combined
jborkl: It opens the potential, so people don't have to use python or be proficient with gpg
mircea_popescu: Nearly 80 percent of New York City high school graduates need to relearn basic skills before they can enter the City University’s community college system. They had to re-learn basic skills — reading, writing and math — first before they could begin college courses.
Rick__: Hi,why MPEx still cant be used?
Rick__: And I withdrawed 423bitcoin yesterday,and didnt receive yet
Bowjob: how the fuck do you forget how to read
mpexbot: mircea_popescu: (help [<plugin>] [<command>]) -- This command gives a useful description of what <command> does. <plugin> is only necessary if the command is in more than one plugin.
Rick__: MPEx,I still cant open the website
mpexbot: mircea_popescu: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
mircea_popescu: i've flushed deposits/withdrawals a number of times since yesterday,
Rick__: so complicated for me~~~~~~
mircea_popescu: if you didn't get yours processed tghere was a problem with it (such as it being larger than the amt available, for instance)
Rick__: so when can I receive my withdraw?
jborkl: Mp, I am just tired. But I have it worked out to trade from the phone easily
mircea_popescu: Rick__ if you've not received it yet there was a problem with it
mircea_popescu: do a STAT to make sure what you can withdraw the do a withdrawal.
assbot: [BTCTC] [ASICMINER-PT] 18 @ 0.74 = 13.32 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.749 = 1.498 BTC [+]
Rick__: o shit,you are right,I put a number big then I have
Rick__: and about the bots,I can only use them here?
mircea_popescu: issue a fixed order, i'm arround so it will be processed fast.
mircea_popescu: we are working to bring much more power online, but it may take a little longer.
Rick__: and when will the MPEx be back/
mircea_popescu: as soon as possible. you can read a status update on the forum
mircea_popescu: also people like jborkl_ are working to bring trade interface to phones
Rick__: and how can I give a withdraw command here/
mircea_popescu: first make the clearsigned and encrypted text for it as normal
Rick__: about trade interface to phones,that's very very useful,I want know more later
Rick__: pastebin.com is a website?I cant open it
Rick__: Let me try another way
Rick__: and put my text in this one?
Rick__: yes, just the code,leave other things along?
Rick__: first which is the url you are talking about,i dont understand
Rick__: "url" define it please
Rick__: sorry,I dont know much about computer
gribble: Time since last block: 13 minutes and 9 seconds
Rick__: Okay,I gott go,and waiting for MPEx back
BitHub: is the mpex api data working atm?
BitHub: ahh sweet thank you sir
BitHub: i guess i have to wait for website to come back to get a website version of the api?
jcpham: i have another super awesome blog-a-ma-post
jcpham: about how me and this dude are video collaborating using mega.co.nz
jcpham: me and my friend nick were bitching about how we don't have dropbox accounts
jcpham: that hold hundreds of gbs
jcpham: they were quick to deliver on fpga
jcpham: nzghang or whatever his name is
mircea_popescu: isn't he the guy whi discovered the chips bfl used in fpga ?
jcpham: seems like he reverse engineered it
jcpham: or identified it using all knowlege available
dub: he scraped the plastic off
jcpham: maybe he watched the history channel
midnightmagic: ngzhang is the one who reverse-engineered the identities of the fpga in bfl singles.
midnightmagic: ngzhang reconnected a trace that had been destroyed which prevented the chip from identifying itself normally.
midnightmagic: he is also the most ethical businessperson, next to magicaltux, I have ever seen operating in the ethics-challenged bitcoinland.
midnightmagic: present company excepted from such a comparison of course.
assbot: [BTCTC] [GSDPT] 1 @ 0.00575 BTC [+]
mircea_popescu: midnightmagic what's some highlights of magicaltux ethicalness ?
midnightmagic: mircea_popescu: Paying out-of-pocket for all hacks/malfunctions, giving out free yubikeys to help secure accounts, sponsoring events, fighting legal battles to help keep bitcoin legal, maintaining privacy of accounts (excepting the coinlab thing,) participating in infrastructure rollout, keeping permanent historical account trade records..
mircea_popescu: i do recall the absorbing of the failed polish exchange
midnightmagic: mircea_popescu: he also strongly fights against illegal activities and thefts that use his systems for laundry activities.
mircea_popescu: but otherwise, no. trades were rolled back during their hack
midnightmagic: he lost 2000 btc from that, and paid out-of-pocket.
Ukto: "avalon is wiping the floor with bfl" and "asicminer is wiping the floor with avalon"
midnightmagic: I'm failing to see how doing an exchange rollback as a result of unauthorized account activity is itself unethical.
mircea_popescu: paying out of pocked for all hacks/malfunctions means they honor every single order at 1 cent a bitcoin that was ever made.
Ukto: except AMs turnup time is far faster
Ukto: I can only say so much
mircea_popescu: midnightmagic the sticky issues in my mind is whether the hacked account at that time was mtgox selftrading on customer credit, and whether the email leak at that time is something they failed to prevent
Ukto: kinda sad since i bought avalons and rooting for them
Ukto: but i know the reality of things hehe
mircea_popescu: well, so they come out to about even as best i can see.
Ukto: wiwthin the next 2~6 days
Ukto: although if I get my avalons in the next week, i will be stoked :P
midnightmagic: mircea_popescu: There is no evidence that is the case, nor is there any evidence from our perspective that MtGox themselves did anything less than they could have to prevent the account leaks. From what we know, it was either two hacks, one of them being a readout from a financial analyst who had privileged access, and the other being completely unknown, or one hack, being the financial analyst.
mircea_popescu: midnightmagic it's a fact that customers had been reporting passwords being broken into which tux/gox blamed on customers, for weeks prior.
mircea_popescu: and the guy with the emails db claimed that it was mtgox poor practices (course... he's the thief)
midnightmagic: And we have no evidence that that is not the case. Also, many of those who complained publically disappeared and did not pursue the matter when confronted.
mircea_popescu: in fact, afaik none did pursue the matter when confronted
midnightmagic: One of them did, but only on the forum, and did not seem at all concerned about losing $50k worth of bc.
mircea_popescu: anyways. just taking the opportunity to compare notes.
midnightmagic: Point is, MtGox has been exceedingly ethical, especially when contrasted with real-world banks and other financial institutions.
mircea_popescu: Ukto re avalons, some deliveries have been popping up in the us
midnightmagic: Most of the inconsistencies we can see are just as likely to be MT's lack of perfect knowledge of what's going on, which of course I know of no people who are perfectly aware of their own systems.
midnightmagic: Yeah, Avalons are being delivered in California already
Ukto: yeah, but those are batch 1
Ukto: batch 2 shipping eta was mar 5 ~ april 5
midnightmagic: Batch #2, as far as I'm aware, hasn't even fully been order-filled.
Bowjob: Oh man.. BFL victims caught a bad case of Stockholm Syndrome
mircea_popescu: Ukto batch 1 was like 200 units iirc. that's a total 12th or thereabouts.
mircea_popescu: asicminer, also ready in january, also 12 th, has slowly been bringing units online to about what, 5-7th now
Bowjob: well mp, their deadline was actually feb 28
Bowjob: the jan 20 was a "bonus"
Ukto: I know alot about AM that I cant discuss. :)
Ukto: just be ready to be surprised.
Bowjob: that never materialized
Ukto: technically all of batch 1 was supposed to be shipped by march 1st
mircea_popescu: Bowjob ya well, keeping accurate accounting of all the weird communication people pour into the market out of noobishness and whatever other reasons is difficult.
Bowjob: yeah, they were 10 days late
midnightmagic: And in China, a few users did in fact receive their units.
Bowjob: yifu said feb 28.. then he moved it to possible jan 20 deliver
Bowjob: he did deliver 2 on jan, but got shut down by the chinese
Bowjob: then resumed on march up to march 10,
mircea_popescu: anyway, it's very fortunate and convenient that 1. asics are delivered by two companies with roughly equal output
midnightmagic: Some users did get their units outside of jgarzik and the btc foundation.
mircea_popescu: and 2. that these are producing each less than about half the network
Bowjob: yeah there was this chinese dude that didnt tell the forums
mircea_popescu: Bowjob there were some who did report privately. i knew of a few.
Bowjob: so avalon did deliver, they are late for the rest though, since their deadline was by march 1st
Bowjob: theres this one dude at the forums offering $10000 for an avalon
Bowjob: if bfl fails to deliver, batch 2 avalon will ship
Bowjob: no, its just some random dude at the forums
Bowjob: offering to buy an avalon for $10000
mircea_popescu: this is a little more than what asicminer increased. so... he's about in the market atm.
Chaang-Noi: i would odds are pay $10k for a working alalon that was right here right now.
Chaang-Noi: at current rates, and bfl wont get there in that time...
Bowjob: when will bfl realistically ship?..
mircea_popescu: i would pay 1300 dollars within 60 days for a delivered and guaranteed asic.
mircea_popescu: what i do with it is nobody's business, what the heck is this.
Bowjob: i mean, 200 BTC.. thats says no on bitbet
mircea_popescu: i wouldn't pay 10k for a computer just because i can make 10k on a computer in 15 days
BitHub: i'm intrested in that film stuff you were saying the other day mircea
BitHub: where you doing a commercial for mpex?
Chaang-Noi: not paying something for $10k when you could odds are get $50k from it in 3 months?
BitHub: you were going to film a renactment or osmething
mircea_popescu: Chaang-Noi nope. i pay by costs not by what seller judges "i might make"
Bowjob: mhm, i find it good news that the asics that were shipped took a week only
mircea_popescu: BitHub o, the gumpys. i never cancelled, the other party vanished.
Bowjob: considering its from china
Chaang-Noi: i doubt anyone would really sell one for only 10k
Bowjob: cant wait to get my hands on it. it even comes with gloves
Chaang-Noi: i bet asicminer shares are going to bubble soon
assbot: I thought I told you not to touch me.
Bowjob: damn chang, touching assbot
gribble: BTCUSD ticker | Best bid: 44.40666, Best ask: 44.49000, Bid-ask spread: 0.08334, Last trade: 44.94000, 24 hour volume: 40002.15598561, 24 hour low: 42.41100, 24 hour high: 44.94000, 24 hour vwap: 43.69874
Bowjob: oh.. well as for the asic
Bowjob: thats considering you convert it to fiat
Bowjob: which is very difficult for me to do
Bowjob: I wonder what people were thinking when they bought Avalon 1
Bowjob: josh said theyd deliver faster, and bfl were superior tech wise
Bowjob: .. then whats the point of avalon then
Bowjob: heck, yifu said avalon wont deliver first
Bowjob: .. did someone see through josh's lie?
mircea_popescu: Bowjob i think midnightmagic bought some, you can ask him
Bowjob: yeah midnight, if you're from batch 1
Bowjob: Yeah.. coz, back then BFL said they would deliver sooner
Bowjob: and they had better specs
Bowjob: so.. why would anyone buy from Avalon?
Bowjob: and yifu announced after bfl announced
midnightmagic: Diversity of hardware in the event of asic doomsday, ethics of ngzhang, BFL's past history of late delivery, and I've been mining since Dec '10.
midnightmagic: Heck, I was about to order one from cablepair before he went insane.
Bowjob: mhm.. the whole thing was a minefild
midnightmagic: I'm fairly sure that electricity won't be the lower bound of price for some time. The first time was market reaction to the bubble crash, and lots of doofuses predicting the death of bitcoin.
midnightmagic: and yet it.. never.. quite.. dipped below electricity costs.
mircea_popescu: midnightmagic i'd guess electricity will never be the bound. fixed costs amortisation will always be larger from now on
mircea_popescu: take a while for a 60gh asic to cost 1.x k usd in electricity.
Bowjob: heck, if this becomes profitable for me I'll rent a warehouse
mircea_popescu: by then probably better units need to be bought. and so...
Bowjob: and avalon users will get credit for a trade in, yeah?
mircea_popescu: the thing is before a large portion of mining cost was hidden (as "free" expertise)
midnightmagic: Bowjob: The amusing part is, people who do that simply can't compete with the long tail of people doing for "free" in their hobby time and getting the cheap tier of residential electrical costs. :)
mircea_popescu: since now all that is being paid for, people get a much better idea of their actual costs.
midnightmagic: Bowjob: Avalon customers are getting credit for Icarus trade-in and .. the other one. Lancelot.
Bowjob: Trade in Avalon 1 for something else
Bowjob: oh well.. decades from now, it will be a collector's item
midnightmagic: "This thing made a whole bunch of money and then suddenly became completely useless!"
Bowjob: "It produced 7 BTC in its heyday"
midnightmagic: "What is it?" "Don't know, every time we plug it in it keeps trying to connect to a weird IP address and port.."
midnightmagic: I'll tell you one thing. I am *SO* looking forward to the near-future day when I can shut all my g-d miners right the hell off.
Bowjob: are you moving to LTC?
midnightmagic: I mean my GPU and FPGA. I've been itching to do some FPGA development for some time now.
midnightmagic: I don't even bother RMA'ing my GPU anymore. Total waste of time.
Bowjob: Is it viable to live off of BTC
Bowjob: It seems a crazy idea to me.. that might just work
Chaang-Noi: i was told he has 60,000 btc locked in his offline never spend coins
gribble: Error: invalid syntax (<string>, line 1)
midnightmagic: He reported having 60,000 bitcoind not in his never-spend, but in his "don't sell right now" 20% holdback from mining profits.
midnightmagic: That was before he mined for another bunch of months and then started selling his designs to unknown third parties.
midnightmagic: mrb_ came in one time and started talking about something he'd heard existed: a preimage-like attack on the hashing algo which allowed a 2x speedup algorithmically, to any miner implementing it.
midnightmagic: it would be awesome because FPGA would kill asic then.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.9 = 2.7 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00549999 = 5.5 BTC [-]
assbot: [MPEX] [S.DICE] 650 @ 0.0055 = 3.575 BTC [+]
assbot: [BTCT:ASICMINER-PT] 1D: 0.65 / 0.65923 / 0.9 (449 shares, 296 BTC), 7D: 0.65 / 0.65303 / 0.9 (1046 shares, 683.1 BTC), 30D: 0.65 / 0.65303 / 0.9 (1046 shares, 683.1 BTC)
Chaang-Noi: i expect this weeks or next weeks dividend to be awesome, and thus make more demand
BitHub: whens teh next one due?
zefir: Goat, people seem to expect ASICMINER to continue paying 2 cents dividends per week for a year, which is a bit of too much confidence imho
Chaang-Noi: zefir i think they can hold on average 10% of the network for 2 years
zefir: if they could, 0.9 is fair. still speculative
Chaang-Noi: and honestly bfl is 1.5 months away at best i think, if we get to 12 th and then 60 th, we will be killing it:)
BitHub: crazy to pay those prices for asicminer
zefir: not right, my BFLS are the most stable mining devices i had so far
Chaang-Noi: if bfl did fail on the chips it would be awesome for asicminer, we would have 50% not 10% of the network
BitHub: is there going to be a new primeasic thing?
zefir: expect there to be more competitors than BFL in July
mircea_popescu: Chaang-Noi about one third asicminer, one third avalon, one third old network + others
mircea_popescu: the actual asic producer has not yet been born i would guess.
Chaang-Noi: even if bfl does ship, first batch is only 25 th right? avalon is less?
mircea_popescu: avalon has about 10-20th being delivered atm and making another what, 20-50
zefir: 0.9 is tempting for a quick buck i must say. but if bitcoin as a whole takes of (like is currently doing) long term, holding some asicminer could be your retirement ;)
mircea_popescu: asicminer has a 10ish being delivered and making another 20-50
assbot: [BTCTC] [ASICMINER-PT] 21 @ 0.9 = 18.9 BTC [+]
Chaang-Noi: yeah zefir, i bought back much of what i sold around .5 to .6
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.975 = 19.5 BTC [+]
zefir: Goat, you're in the board again?
assbot: [BTCTC] [ASICMINER-PT] 25 @ 1 = 25 BTC [+]
zefir: i have the remaining shares for you. 1BTC each ;)
BitHub: anyone want to buy 50 for 2btc?
Chaang-Noi: zefir that was my shares that just got sold at 1 btc
assbot: [BTCTC] [S.DICE-PT] 500 @ 0.0057 = 2.85 BTC [+]
Chaang-Noi: i think we could go higher, but i can part with 25 :)
BitHub: let me know when it gets to 1.5 or 2 - i'm out then.
zefir: Goat, how much coins do i need in hand to retire in Thailand?
assbot: [MPEX] [O.BTCUSD.C350T] 1000 @ 0.21735385 = 217.3539 BTC [-]
Bowjob: we're about to ram $45 per coin
Chaang-Noi: zefir i have a wife and a kid, very nice house, and everything, i live very well here on $15,000 a year
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.19526866 = 195.2687 BTC [-]
Chaang-Noi: if you did $30k a year you would really live it up
Bowjob: $15,000.. thats what I earned 2 years ago as a cashier
zefir: ok, so like 10k coins and i'm done. that is 1.5BTC per ASICMINER and you see me there ;)
Bowjob: so around 4 bitcoins then
BitHub: i might do the same and go to phils
Bowjob: thats what i spend on a nice meal in vancouver
Bowjob: woudlnt it be grand if i make money here
zefir: this is too easy, there must be some hook in there
Chaang-Noi: my 3 bed room house with garden and all that is only $160 a month rent
Bowjob: then spend it in some 3rd world country
Bowjob: why dont u just buy it
BitHub: that's what i would do if i was bored
BitHub: then you cant get that bored
BitHub: you just dont know how to have fun with your money
toffoo: how did you retire the first time?
zefir: Goat, it can't be that easy. but well, my problem is my wife will not follow to Thailand, so i'm out for now :(
BitHub: you can get about 10 wives in thailand
Chaang-Noi: ahh zefir i got a thai wife, thats the smart way to do it:)
zefir: maybe, but not the one wife you get used to ;)
BitHub: doesn't that get boring?
BitHub: like watching the same movie over and over and over again every day?
zefir: you mean the only one wife?
Chaang-Noi: bithub is right, you can have more than one here, in thai they even have words for ranking them
BitHub: if i send you some btc
zefir: no, can't complain. it is a give and take - she also has to watch the same tv show
BitHub: can you jsut buy thai women for me and put them all in a house?
toffoo: well i imagine you'll retire a second time from mpex someday soon,
Chaang-Noi: in thailand you can only rent thai women, however you can buy women from outher countries
mircea_popescu: zefir BitHub i guess there's about 20 years keeping you apart.
toffoo: just curious how you did it the first time .. before bitcoin
BitHub: how old are you mate? :)
mircea_popescu: toffoo i sold everythign and went to costa rica, basically.
BitHub: heh i heard that's the best place to setup a company
BitHub: is that why you went to costa?
mircea_popescu: well eventually you have enough of playing poker with aging american expats
mircea_popescu: the rum was good, the aguacate nice, the mango fantastic an so on
toffoo: missing the good life back in romania?
BitHub: because you cant cash out a million dollars worth of btc?
BitHub: i'm bored but i'm poor
mircea_popescu: cause how bored you are depends on what you're doing not on how rich you are.
BitHub: its all about the numbers baby
BitHub: if you're rich and bored you don't deserve to have money
mircea_popescu: there's only so much flan a person can eat, to quote one of the recent billionaires.
BitHub: well first step i would look at all the people in my life, family and really close friends and solve all their money problems
mircea_popescu: within a coupla years they'll have worse money problems.
mircea_popescu: there's a reason they have them now, and that reason ain't the aliens.
BitHub: that's true, good thing i've got no friends so i would just help my family
BitHub: i'm pretty sure i would be dead within a month, i would just go to psycho with the money
BitHub: driving pass people throwing wads of cash at them
mircea_popescu: ya well, that's the thing. takes a lot of brains to be rich and bored in the end.
mircea_popescu: most dumbasses that win the lottery end up dead / in jail / poor again
BitHub: i guess its boring when you're not just burning through it without caring
BitHub: that's when its really fun
mircea_popescu: no, that's when it's really obvious how empty/pointless/mindless you really are.
BitHub: not really, sometimes just dont care
BitHub: um what else, probably hire 100 social media trolls and have them in a office and just kick back and watch them troll certain celebs or public figures
BitHub: actually mircea i would just be making movies
BitHub: that would be really fun to me
BitHub: ahh okey hmm retirement lets see, all you can do is just travel the world hey getting into adventures, meeting random girls
BitHub: definitly got to check out alot more countries in my time :)
BitHub: how old are you, if you dont mind me asking?
Bowjob: mentlegen, we hit $45 once again
Bowjob: now where is that troll who said btc top was $24 dollars
gribble: BTCUSD ticker | Best bid: 45.29000, Best ask: 45.46212, Bid-ask spread: 0.17212, Last trade: 45.46212, 24 hour volume: 42365.65870584, 24 hour low: 42.50000, 24 hour high: 45.50000, 24 hour vwap: 43.84294
BitHub: nice i want to see 50 after weekend tho
Bowjob: i just a fucking house in vancouver
Bowjob: i thought that was the whole point of life in vancouver. be the landowner master race
Bowjob: so that you can charge rent on the basement, get the basement to pay for the mortgage
Bowjob: thats the canadian dream
Bowjob: everyone here is crazy about houses
Bowjob: my uncle owns 3, he gets about 8k a month on his houses
Bowjob: i didnt tell him about bitcoins.. hes too rich already
Anduck: (make him buy like, 200k usd worth of btc?"
Anduck: then slowwly sell it back and make negative profit
Bowjob: nah, hes a batshit religious person.. conservative
Bowjob: he wont touch btc anyway
Bowjob: i feel bad for his kid
Bowjob: his kid is like 18 now, cant go out
Anduck: what does that have to do with bitcoin?
Anduck: if he's religious batshit person
Anduck: he might still like btc xD
Anduck: batshit is a nice term, +1
Anduck: well tell his kid about it
Bowjob: when we arrived in canada
Bowjob: .. he gave us free rent
Bowjob: when we told him, we're not converting to your religion
Bowjob: he started charging us rent
Anduck: i would've laugh at him
Bowjob: its not really him tho
Anduck: whats his religion btc
Bowjob: protestant or something
Bowjob: thinks everyone will go to hell
Bowjob: protestant.. its like a branch of christianity
Bowjob: kinda like how catholic is bitcoin, then a protestant would be a fork of it
Bowjob: nah. hes not that batshit
Anduck: in finland there's 2 places where they recruit for that thing
Anduck: so, me and my friend once went there
Bowjob: theres one in vancouver too
Bowjob: not going in there. lol
Anduck: made some kind of test
Anduck: then they wanted us to be in separate rooms
Anduck: so they could turn ur individually to the scientology
Anduck: well, we ain't stupid so.. xD
Bowjob: they killed this chick
Anduck: didnt take much time to see they're scientologists
Anduck: btw, we went to that scientology recruiment place cuz we were handed a note in the city
assbot: [BTCTC] [BTC-BOND] 100 @ 0.00999 = 0.999 BTC [+]
Bowjob: Damn, and to think I thought I was gonna send him some BTC
Bowjob: I cleared a land mine. heh
Bowjob: He said he should have no problem paying unless BTC hits $40/BTC
Bowjob: "Short BTC600 @ $34.50 Short 40,000 S.DICE @ .0062 Cover date: May 17 2013 | Before 12Noon MST"
Bowjob: According to Ian's signature
Bowjob: he's gonna have a bad time
Bowjob: "I should have no problem repaying this as long as BTC stays bellow $41.66 ... if it goes above we would need to work something out for a bit more time to repay."
gribble: BTCUSD ticker | Best bid: 45.86278, Best ask: 45.90000, Bid-ask spread: 0.03722, Last trade: 45.90000, 24 hour volume: 45521.41888267, 24 hour low: 42.50000, 24 hour high: 45.90000, 24 hour vwap: 43.97923
Bowjob: I lent some $100 worth of BTC back in january for 3 weeks
Bowjob: that was some agonizing days
Bowjob: I didn't know if the guy was a scammer or not
Bowjob: .. i am not willing to put myself through that again
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.90144085 = 901.4409 BTC [-]
Bowjob: lending out to someone with btc is similar to gambling imo
Bowjob: just put it thru dice, at least its faster
Bowjob: I told an acquiantance about BTC when they were 17 dollars, they were on the fence about it. They wanted to buy at 28 dollars, but got scared when the price dropped to $20
Bowjob: now that its $45.. they want to buy again
Bowjob: but never follow through
Bowjob: I told him hey, I think BTC will go up. I've put a bit of fiat in it to show my conviction
Bowjob: if BTC goes up, they say.. it's a fucking bubble! if BTC goes down.. "It's dying/fad/crash"
Bowjob: I told him I'll sell him $100 worth for 2 BTC. They wanted 5. They could have gotten 5+ from me back in Jan
Bowjob: I'm looking forward to the day that that guy still hasn't bought a coin where BTC reaches $1000
Bowjob: I'll be like, yeah I'll sell you $500 worth for 0.5 BTC, just remember it could go down, ect
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.90009169 = 900.0917 BTC [-]
Bowjob: it sucked for me canadianbitcoins sold at $55 dollars when BTC dropped to $33
Bowjob: I would have dumped more fiat into it
assbot: [MPEX] [O.BTCUSD.P750T] 375 @ 0.89918038 = 337.1926 BTC [-]
assbot: I don't give a shit who saw what and who did what or who did who.
assbot: The vision of Christ that thou dost see ... is my vision's greatest enemy.
assbot: Your actions are useless.
assbot: [MPEX:O.BTCUSD.P750T] 1D: 0.89918038 / 0.90051586 / 0.90144085 (2375 shares, 2,138.73 BTC), 7D: 0.85433966 / 0.9786482 / 1.12260046 (23750 shares, 23,242.89 BTC), 30D: 0.85433966 / 1.06533167 / 1.53153505 (28750 shares, 30,628.29 BTC)
gribble: There are currently 0 bitcoins offered at or under 46.0 USD, worth 0.0 USD in total. | Data vintage: 0.0015 seconds
gribble: BTCUSD ticker | Best bid: 46.50000, Best ask: 46.53000, Bid-ask spread: 0.03000, Last trade: 46.53000, 24 hour volume: 47202.58375913, 24 hour low: 42.50000, 24 hour high: 46.53000, 24 hour vwap: 44.11301
gribble: There are currently 26201.882 bitcoins offered at or under 49.1 USD, worth 1266194.78506 USD in total. | Data vintage: 36.3364 seconds
Bowjob: check the price real time at coinlab
Chaang-Noi: i guess we are going to keep on trucking up
Bowjob: imo just drive the price up and dont sell
Bowjob: use BTC for transactions
Bowjob: .. that ends up being win win
Bowjob: as opposed to lose lose
Bowjob: where the seller gets fiat and the BTC value goes down
Bowjob: we're about to break 47
gribble: BTCUSD ticker | Best bid: 46.64600, Best ask: 46.74600, Bid-ask spread: 0.10000, Last trade: 46.64600, 24 hour volume: 48033.54388684, 24 hour low: 42.50000, 24 hour high: 46.99000, 24 hour vwap: 44.16232
gribble: There are currently 1303.7427 bitcoins offered at or under 47.0 USD, worth 61254.5594943 USD in total. | Data vintage: 0.0016 seconds
Bowjob: mhm, i see lots of resistance before 50
assbot: [BTCTC] [COGNITIVE] 1 @ 0.2201 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.22003 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.22 BTC [-]
assbot: [BTCTC] [COGNITIVE] 10 @ 0.22 = 2.2 BTC [-]
Bowjob: Id stay breaking $32 barrier was epic!
Anduck: it's funny mp has rated gigavps -10 and pirateat40 -1
Anduck: so huh, whats worse, running a ponzi or pt to ponzi?
Bowjob: and the dump continues
gribble: BTCUSD ticker | Best bid: 45.27000, Best ask: 45.28000, Bid-ask spread: 0.01000, Last trade: 45.26000, 24 hour volume: 49103.52015343, 24 hour low: 42.50000, 24 hour high: 46.99000, 24 hour vwap: 44.22567
mircea_popescu: and then didn't want to update the rating out of vanity
Bowjob: coinlab should update their logo with the recent correction
kakobrekla: 21:28.00 ( MJR_ ) Mp still having trouble?
kakobrekla: 21:28.10 ( kakobrekla ) half way, see topic
kakobrekla: 21:28.27 .•• mircea_popescu ( ~Mircea@pdpc/supporter/silver/mircea-popescu ) joined #bitcoin-assets
mircea_popescu: this is actually fully functional, if a little inconvenient still
MJR_: Noticed S.DICE rebounded a little bit
kakobrekla: 21:22.48 ( kakobrekla ) "Only Satoshi the Bitcoin Cyber-Christ is going to save us." -Max Keiser
MJR_: Was wondering about an mpex.onion
MJR_: I think that guy is on meth before every show
MJR_: Yeah I was worried about that
Namworld: How do I encrypt with MPEx's public key?
MJR_: I am trying out a new irc client
Namworld: Ah, thanks. I keep forgetting how to write the command.
Namworld: I can't seem to find a good website that lists commands and common operations
assbot: [MPEX] [S.MPOE] 1 @ 0.00067638 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.00549999 / 0.00550022 / 0.005884 (1651 shares, 9.08 BTC), 7D: 0.00300001 / 0.00548202 / 0.006225 (503030 shares, 2,757.62 BTC), 30D: 0.00300001 / 0.0061622 / 0.0069 (3739840 shares, 23,045.67 BTC)
Anduck: mircea_popescu: porn not allowed on blog
mircea_popescu: 1. price collapse pre dividends ; 2. short rebound post dividends ; further rebound while mpex is beinh ddosed
mircea_popescu: if this is not contrary to what you'd expect i dunno what is
Anduck: it's the will of internet gods
MJR_: Lol, I thought we were the Internet gods
Anduck: LOL guys been trolled again
Anduck: srs, no. you cant hang out with them.
Anduck: dunno bout' dem goddesses
MJR_: mircea_popescu: Can you see the symbol between the quotes? "⚡"
MJR_: Was not sure if other symbols would be able to be seen
MJR_: I suppose it depends on the client
dub: hmm, could be my new truck
mircea_popescu: ;;later tell vampirebb the mpex inbound address will be linked to most mpex withdrawals. a user can withdraw to an arbitrary address of his choice.
mircea_popescu: jborkl you're doing something wrong because people have been trading ok on this system
jborkl: I am on my phone trying to get android to work
mircea_popescu: are you cleanly doing your encoding ? is your key correct ? (siometimes gpg defaults to wrong key, use a ! at the end of your keyid to force)
FabianB_: mircea_popescu: is the mpex FAQ somewhere available in a pastie or can it be included in an mpex client?
mircea_popescu: if you wish to include a local copy in a bundle you distribute, such as a client or anything
mircea_popescu: i want you to commit that all new versions will include a faq current at the time of their release.
MJR_: It should be complete as well
FabianB_: ok, in case i release my client to the public i'll include it in all releases; in case i don't maintain it anymore i'll make a release with FAQ removed with just a link to then current mpex site
mircea_popescu: FabianB_ if you don't maintain it anymore you're not in breach.
mircea_popescu: the only thing is to not ship client august 11th with faq from june 3rd
MJR_: If you neglect to keep the smoky dragon award
FabianB_: ok, that won't be a problem then
FabianB_: heh, yeah, just thought of the english one
FabianB_: dunno if i like to include chinese and persian as long as the clients documentation itself is just english
MJR_: Hmmm I think I am going to enter the WOT today
mircea_popescu: If we get the 60TH/s online (conservative) in late April, and the hashrate of the full network from that time is 200TH/s which linearly increases to 1,000TH/s in late December. (200+1000)/2 = 600. So we will have 10% in average of the full network from late April to late December. That translates to about 88,000 Bitcoins total mined. That is 0.22BTC/share of gross income in eight months.
mircea_popescu: so where's the "you get your money back in 8 months therefore asicminer is worth like .15" talk ?
MJR_: What do you think it's worth?
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
mircea_popescu: that has no bearing however, idiots are in full mania mode, so,
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
MJR_: yeah, I think understanding net present value may be beyond some members of the bitcoin community
mircea_popescu: kakobrekla : can you make assbot ticker identifier to be hungry ?
assbot: [BTCT:ASICMINER-PT] 1D: 0.679 / 0.90043 / 1 (167 shares, 150.4 BTC), 7D: 0.65 / 0.68589 / 1 (1170 shares, 802.5 BTC), 30D: 0.65 / 0.68589 / 1 (1170 shares, 802.5 BTC)
mircea_popescu: the fact that the bitcoindiots are reduced to < 1k btc disposable income is indeed good news.
mircea_popescu: one year ago this would have been two degrees of magnitude larger if not more.
jborkl: Mircea, are the orders formatted the same in!mp
mircea_popescu: you makr you order, you sign it, then you encrypt it, then you paste that
assbot: How can I be of assistance, my poor man?
assbot: Aren't those tins of tobacco right there behind you?
assbot: Quest for vision is a great blessing.
assbot: [MPEX:O.BTCUSD.P750T] 1D: 0.89918038 / 0.90051586 / 0.90144085 (2375 shares, 2,138.73 BTC), 7D: 0.85433966 / 0.9786482 / 1.12260046 (23750 shares, 23,242.89 BTC), 30D: 0.85433966 / 1.06533167 / 1.53153505 (28750 shares, 30,628.29 BTC)
mircea_popescu: basically, it should take the provided string, see how many of the available mpsics regex-match it
mircea_popescu: and since we're talking about this, would it be possible to have a !depth
mircea_popescu: which reports say 6 or 8 items either side from midmarket ?
assbot: Shit. You ain't even old enough to smoke.
mircea_popescu: otherwise if you're trying to implement somethingthat doesn't work you'll kill yourself
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
jborkl: Let me try it off normal desktop
assbot: [MPEX:O.BTCUSD.P750T] 1D: 0.89918038 / 0.90051586 / 0.90144085 (2375 shares, 2,138.73 BTC), 7D: 0.85433966 / 0.9786482 / 1.12260046 (23750 shares, 23,242.89 BTC), 30D: 0.85433966 / 1.06533167 / 1.53153505 (28750 shares, 30,628.29 BTC)
kakobrekla: if($ticker[0] == "P" || $ticker[0] == "C" ){
assbot: Shit. You ain't even old enough to smoke.
assbot: [MPEX:S.DICE] 1D: 0.00549999 / 0.00550022 / 0.005884 (1651 shares, 9.08 BTC), 7D: 0.00300001 / 0.00548202 / 0.006225 (503030 shares, 2,757.62 BTC), 30D: 0.00300001 / 0.0061622 / 0.0069 (3739840 shares, 23,045.67 BTC)
kakobrekla: apparently being bitcoin pr is the new hype thing
kakobrekla: got hit with "the bitcoin catalog", "the bitcoin documentary" and "bitcoin pr buzz" in like one day
gribble: BTCUSD ticker | Best bid: 46.47999, Best ask: 46.54400, Bid-ask spread: 0.06401, Last trade: 46.54400, 24 hour volume: 44070.26922702, 24 hour low: 43.41100, 24 hour high: 46.99000, 24 hour vwap: 45.27764
MJR_: also the bitcoin hedge fund
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00568 BTC [+]
kakobrekla: yeah but that doesnt have much in common with being a bitcoin PR
mircea_popescu: Our services involve writing a professional Press Release for you and submitting it to anywhere from over 1000 to 30 000 + USA based media organisations
Bowjob: ianbakewell is still not here
Bowjob: this is looking more like a 600 BTC heist
Bowjob: and 30,000 dice share heist
MJR_: yeah, they aren't doing anything that you or I couldn't do ourselves
MJR_: but they are using their time to do those stupid tasks
MJR_: Attract new customers
MJR_: mostly have your article reposted with a Forbes.com or CNN.com domain attached
MJR_: ok guys I am switching to my real name
Bowjob: Hasn't been online since the 4th
Bowjob: he was due for march 8th for his first payment
Bowjob: there should be some internet at least
Bowjob: he works in alberta,.. yah its like 34 dollars per hour there
Bowjob: mcdonalds people make $14 per hour
Bowjob: but rent there is very exp
Bowjob: ill stay in vancouver lol
Bowjob: also, again he's late in his first payment thats defaulting right there
Bowjob: "Short BTC600 @ $34.50"
Bowjob: oh and thats just principal
Bowjob: dude his dice short isnt much to cover for it
FabianB_: still a little rough, but works for me
Bowjob: around march 22 we should see something interesting
mircea_popescu: seems cablepair was well known scammer ?! is this factual ?
Bowjob: thats where coinlab starts playing
Josh_Rossi: do you calculate based on last or on bid?
FabianB_: didn't try it on non-unix systems yet, hope it works there too though
gribble: Error: Something in there wasn't a valid number.
mircea_popescu: and cause of slippage buying 40k takes avg price more to like 59.5
Josh_Rossi: ooh, when does he have to settle his position?
Bowjob: I weep for Basic victims
Bowjob: but I laugh at BFL victims.. I seem to be irrational
Bowjob: Stockholm syndrome is hilarious
Bowjob: it was tradefortress for 7k, and some random dude at 30k
Bowjob: i just skimmed thru it, asic miner, popped?
Bowjob: im watching max keiser.. show. he seems like a nutjob over btc
Bowjob: i mean i want btc to go as much as the next person, but he seems shady
kakobrekla: he mentioned before, but now he met everwhores
Bowjob: i dunno. max seems like a used car salesman
Bowjob: and a snake oil peddler
Josh_Rossi: I said earlier that he sounds like he's on meth
smickles: bitcoin jesus? i'll just go back in my hole
Josh_Rossi: also, he loves btc, but I don't think he knows a lot about them
Bowjob: i tell my friends every now and then about bitcoin.. but i dont say i'll be rich over it
smickles: once, at a beer pong table, I was called jesus. I forgave them.
mjr_: lol my whole office asks me every day
mjr_: so where are they at today?
mjr_: a coworker wanted to short them
Bowjob: how much are asicminer shares now
mjr_: so at first he told me that we should just say that i would owe him a dollar for every dollar it goes down and he would owe me a dollar for every dollar it goes up
assbot: [BTCT:ASICMINER-PT] 1D: 0.679 / 0.90177 / 1 (166 shares, 149.7 BTC), 7D: 0.65 / 0.68589 / 1 (1170 shares, 802.5 BTC), 30D: 0.65 / 0.68589 / 1 (1170 shares, 802.5 BTC)
mjr_: I was too nice and told him I didn't want him writing naked calls
Bowjob: so almost 1 btc [er share
assbot: [HAVELOCK] [SDICE] 1 @ 0.57 BTC [+]
Bowjob: isnt that kinda too high
mjr_: like I know my risk it's $45
mjr_: you could be on the hook for millions
mircea_popescu: mjr_ why not just use the mpex options i don't get it ?!
mjr_: he doesn't have any bitcoins
mjr_: and I already use the mpex options
mjr_: that was before it had hit 32 I think but I don't remember
mircea_popescu: so if he doesn't have btc, why are we talking to huim lol
mjr_: like I said he's my coworker
mjr_: now I want to set up the pgp signature
Namworld: BTC was worth 45 USD all that time, just no one knew about it...
assbot: [HAVELOCK] [SDICE] 1 @ 0.58999999 BTC [+]
mircea_popescu: i like how this channel jumped to like 130 users lately.
benkay: what's in the !mp output - a dump of the current order book?
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: [HAVELOCK] [SDICE] 1 @ 0.59 BTC [+]
benkay: "returns the response from MPEX order" - means that i can place orders via dpaste (given encryption etc)?
mpexbot: mircea_popescu: (help [<plugin>] [<command>]) -- This command gives a useful description of what <command> does. <plugin> is only necessary if the command is in more than one plugin.
mpexbot: mircea_popescu: Error: There is no command "mdepth".
mircea_popescu: and if you want details of individual symbols in easier format here, benkay
assbot: [MPEX:S.DICE] 1D: 0.00549999 / 0.00549999 / 0.0055 (1650 shares, 9.07 BTC), 7D: 0.00300001 / 0.00548202 / 0.006225 (503030 shares, 2,757.62 BTC), 30D: 0.00300001 / 0.00616219 / 0.0069 (3738644 shares, 23,038.26 BTC)
mjr_: ;;gpg eregister JoshRossi C286BB96FE9B6CD3
mjr_: so now I'm part of the web of trust?
mjr_: I meant ability to be trusted not trusted yet
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
gribble: Error: This nick is not registered. Please register.
FabianB_: mircea_popescu: not really, just speak very little
Bowjob: so is ian bakewell a scam or not
gribble: Error: "cookie" is not a valid command.
jMyles: So - I'm not sure if I'm being too forward by asking this - is there a way to invest in asicminer?
FabianB_: mircea_popescu: chinese traders asking you and the faq translater where mpex went?
jMyles: (and to see what kind of activity is happening?)
mircea_popescu: FabianB_ no, just wanted to see about how sucky the chiense version is
mircea_popescu: there's a btct passthrough and a bitfunder passthrough.
assbot: [BTCT:ASICMINER-PT] 1D: 0.69 / 0.90312 / 1 (165 shares, 149 BTC), 7D: 0.65 / 0.68589 / 1 (1170 shares, 802.5 BTC), 30D: 0.65 / 0.68589 / 1 (1170 shares, 802.5 BTC)
jMyles: mircea_popescu: but it looks like the passthroughs have only paid two dividends?
Bowjob: we've been oddly stable for a while now
Ukto: assbot doesnt support it
Bowjob: the bids look weak however
mjr_: ;;everify freenode:#bitcoin-otc:2c057cc8dff074ee13a20df82b057767f81844e56105610c250b4618
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
Bowjob: this is calm before the storm. come monday theres gonna be a shitstorm
Ukto: mircea_popescu: yeah, but its being changed due to request
Ukto: and its low priority
Ukto: whereas websocket is ready
Ukto: i am debating not doing get/post anymore
Ukto: and leaving it purely to websocket
Ukto: to keep load off the server
mircea_popescu: we're going to end up with a third party interpreter here ?
Ukto: get/post is so archaic
Ukto: websockets are far far superior. lets get with the times :)
mircea_popescu: whatever way you do it, it pisses me off when i can't ticker.
mod6: (15:00) < BitOTTer755> $vwap
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
gribble: Nick 'mjr_', with hostmask 'mjr_!~mjr@cpe-68-174-114-54.nyc.res.rr.com', is not identified.
FabianB_: it's still pretty ugly and needs refactoring, but it's there and it works
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
mod6: thx mircea_popescu, his is Ruby but might come in handy...
mircea_popescu: FabianB_ aren;'t you concerned by the numerous breaches lately ?
FabianB_: mircea_popescu: not at all, all those braches are Rails related
FabianB_: and of course a commandline client doesn't need any web stuff
mircea_popescu: FabianB_ the concern is that some unwittign user may be running a web server on his home computer w/o knowing
mjr_: rape is rarely expected
assbot: [HAVELOCK] [SDICE] 2 @ 0.595 = 1.19 BTC [+]
FabianB_: mircea_popescu: not through my code, only if my code (or a library i use) is itself insecure or if that user is integrating it into his lame ror
benkay: i would expect at least one rorbro to do something like that
mircea_popescu: benkay at least it's been publicly mentioned, it's known about etc.
mjrIII: ok now i can try to get this WOT thing working
FabianB_: mircea_popescu: actually it started as a more featureful alternative to pympex for me; used it for a while
FabianB_: i just added the IRC stuff today
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
aethero: what's the latest on mpex?
Josh_Rossi: ;;gpg eregister Josh_Rossi C286BB96FE9B6CD3
aethero: Expected ETA for the site itself?
gribble: Nick 'Josh_Rossi', with hostmask 'Josh_Rossi!~mjr@cpe-68-174-114-54.nyc.res.rr.com', is identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
mircea_popescu: aethero there are bots trading here. there will be an onion up, but im not sure tor can take the load.
mircea_popescu: there is a 10gb dedicated connection with muchly beefed up setups coming online asap.
aethero: ever going on clearweb again
mircea_popescu: there have been problems with supplying the hardware and so forth. I think next week is a safe estimate
mircea_popescu: aethero anyway, proving that mpex can work w/o website is an important point here.
assbot: [HAVELOCK] [HIM] 3 @ 1.7 = 5.1 BTC [+]
assbot: [MPEX] [O.BTCUSD.C470T] 720 @ 0.18196843 = 131.0173 BTC [+]
Josh_Rossi: but i would like to add an address to it
gribble: Nick 'Josh_Rossi', with hostmask 'Josh_Rossi!~mjr@cpe-68-174-114-54.nyc.res.rr.com', is identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
gribble: Error: You have to have received some ratings in order to rate other users.
gribble: Error: "getinfo" is not a valid command.
mircea_popescu: ;;everify freenode:#bitcoin-otc:3f37b219dbeef705e0d0715acbc922c60d94b6b639c29a17c94779ac
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
gribble: Rating entry successful. Your rating of 1 for user Josh_Rossi has been recorded.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7752 BTC [-]
gribble: Nick 'Josh_Rossi', with hostmask 'Josh_Rossi!~mjr@cpe-68-174-114-54.nyc.res.rr.com', is not identified.
assbot: [HAVELOCK] [HIM] 5 @ 1.7 = 8.5 BTC [+]
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.01001 BTC [-]
assbot: [BTCTC] [BTC-GOLD] 9 @ 0.01 = 0.09 BTC [-]
mod6: (16:21) < BitOTTer569> PasteBin Key: C1dT6RrM
mod6: yeah. the old Net::IRC is like uber deprecated
mod6: just changing these scripts to be able to connect to IRC and issue a command, get a response, parse it, then grab the URL or Key parsed, grab the raw data from the paste, and then display.
mod6: haha, i rolled my own
mod6: well, with this lib: POE::Component::IRC
mod6: so that has all of the commands and some subroutines to help with connect and sessions, etc.
gribble: (eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
mod6: thx mircea_popescu, ima keep working on it for the next few days. hopefully get it to a spot that's pretty functional.
mircea_popescu: mod6 isn't it funny that as you make progress mpex also adds shit ?
mod6: yeah its good though
mod6: ima keep going here. thx guys.
assbot: [MPEX:S.BBET] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.0015 / 0.00174357 / 0.00197 (80200 shares, 139.83 BTC), 30D: 0.0015 / 0.00178893 / 0.00197 (111808 shares, 200.02 BTC)
assbot: [MPEX:S.DICE] 1D: 0.00549999 / 0.00549999 / 0.0055 (1650 shares, 9.07 BTC), 7D: 0.00300001 / 0.00547927 / 0.006225 (500573 shares, 2,742.78 BTC), 30D: 0.00300001 / 0.00616216 / 0.0069 (3735257 shares, 23,017.26 BTC)
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
assbot: [HAVELOCK] [SDICE] 2 @ 0.5949999 = 1.19 BTC [-]
BitHub: whats the price for asicminer today fokes?
assbot: [BTCT:ASICMINER-PT] 1D: 0.7 / 0.91596 / 1 (156 shares, 142.9 BTC), 7D: 0.65 / 0.68597 / 1 (1171 shares, 803.3 BTC), 30D: 0.65 / 0.68597 / 1 (1171 shares, 803.3 BTC)
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
assbot: [MPEX:O.BTCUSD.P750T] 1D: 0.89918038 / 0.90051586 / 0.90144085 (2375 shares, 2,138.73 BTC), 7D: 0.85433966 / 0.9786482 / 1.12260046 (23750 shares, 23,242.89 BTC), 30D: 0.85433966 / 1.06533167 / 1.53153505 (28750 shares, 30,628.29 BTC)
assbot: You know, I've had it up to here with this Indian malarkey.
BitHub: !ticker m asicminer-pt
assbot: Good morning, may you serve the Lord, and may His holy dominion guide you through your dismal life.
assbot: The eagle never lost so much time as when he submitted to learn from the crow.
assbot: You had the last Philistine. This one's mine.
assbot: [BTCT:ASICMINER-PT] 1D: 0.7 / 0.91596 / 1 (156 shares, 142.9 BTC), 7D: 0.65 / 0.68597 / 1 (1171 shares, 803.3 BTC), 30D: 0.65 / 0.68597 / 1 (1171 shares, 803.3 BTC)
BitHub: selling my asicminer shares for 1.8 each
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
jcpham: What is asicminer paying per dividend
Josh_Rossi: you can see i have identified as Josh_Rossi
mircea_popescu: so mjr can identify as Josh_Rossi and for gribble mjr will be Josh_Rossi for as long as mjr doesn't part.
Josh_Rossi: going to be hard to get an ident script working with my phone
Bowjob: eight ball says so lol
Josh_Rossi: so basically how it works is that NickServe and gribble BOTH maintain separate identity for a given user
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
Bowjob: ;;eightball is Ian Bakewell a scammer?
Bowjob: We will test eightball's honesty
Bowjob: ;;eightball Did I play with myself lastnight?
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
mjr_: well that didn't work
assbot: [MPEX] [O.BTCUSD.C470T] 1000 @ 0.18345453 = 183.4545 BTC [+]
mjr_: how am i supposed to decrypt my OTP from my phone...i mean i could write a program that does it, but it is tough
mod6: yeah, i'm re-building all scripts to interact with the bots.
mod6: and mainly what i can make work in this one is gonna go into the end thingy, whatever it becomes
mjr_: hmmm but i thought he was doing it for android
mod6: lol, doing it for that too, but now that's gonna be all f'd up
mjr_: i just meant i have an iphone
jborkl_: Ok, I finally figured it out- key managers are conflicting
mod6: thanks again guys, just needed to make sure that i could ping mpexbot and get the respone and all
mjr_: this is funny though...to me at least
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
jborkl_: No, it is not- they are a pain in the ass
mjr_: ok my iphone is at least jailbroken so let's see if we can get gpg :)
assbot: [MPEX] [O.BTCUSD.C470T] 316 @ 0.18372792 = 58.058 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 38.36519878 / 50.18328999 / 50.5301272 (no shares, 16,402.55 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mjr_: yep, i think that is so far the best leading indicator i've seen
mjr_: so, i have gpg on my iphone now
mjr_: but i really don't want to go back and forth between a terminal window with a touchscreen and colloquy
mod6: ok sorry guys, but after 10 mins the pastebin expires, gotta re-conn and get a fresh one
mod6: im now getting back the raw vwap, just need to make sure that I'm parsing correctly as before...
assbot: [MPEX:S.MPOE] 1D: 0.00067638 / 0.00067638 / 0.00067638 (1 shares, 0.00 BTC), 7D: 0.00067334 / 0.00074892 / 0.00078628 (10680545 shares, 7,998.94 BTC), 30D: 0.0006153 / 0.00068474 / 0.00078628 (58685013 shares, 40,184.02 BTC)
mircea_popescu: in other news, the #bitcoin-assets log for this current month (9 days!) is over 1mb
mod6: mircea_popescu: i just feel bad for the conn/dis-conns
mod6: but check it out ;)
mod6: ok one more quick test, i'll check a different MPSIC
assbot: [HAVELOCK] [HIM] 1 @ 1.7 BTC [+]
mircea_popescu: ddos is one of the better things that happened to mpex so far
mod6: ok i cleaned that up, now i gotta do one more test then i can check it into github for yall
Bowjob: What do you guys think of google glasses
mod6: (just vwap is finished for now, will finish others over next few days...)
gribble: BTCUSD ticker | Best bid: 47.54224, Best ask: 47.89850, Bid-ask spread: 0.35626, Last trade: 47.89858, 24 hour volume: 46494.02049522, 24 hour low: 43.41100, 24 hour high: 47.89860, 24 hour vwap: 45.71103
mjr_: i know, i was hoping for a dip
mircea_popescu: where's the coinlab pr spam with "mpex indomitable, btc surges"
mod6: anyway, im ciked that was so simple. can't do more must find a cold pizza to eat somewherez!
mjr_: just realized that now mpex is only for mpex registered people...
mjr_: from market data perspective i mean
mjr_: do the other commands not come encrypted?
mjr_: hold on i am gonna try it out
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: [MPEX] [S.MPOE] 2000 @ 0.00074997 = 1.4999 BTC [+]
assbot: [MPEX] [S.MPOE] 27999 @ 0.00074998 = 20.9987 BTC [+]
benkay: mircea_popescu: what commands are available for the mpexbot?
assbot: [MPEX] [S.MPOE] 40000 @ 0.00074999 = 29.9996 BTC [+]
assbot: [MPEX] [S.MPOE] 19317 @ 0.00075 = 14.4878 BTC [+]
benkay: what does vwap stand for?
mjr_: volume weighted average price
benkay: volume weighted average..
mircea_popescu: you can also inspect these one at a time with assbot's !ticker
mjr_: lol, was just thinking about back in the days when we were discussing mpex fee being around $450
mjr_: and just realized that it will now be around $1500
mircea_popescu: the usual consumerist "o, i'll just wait" is suicide here.
mjr_: hmmm that is a good point
mjr_: this is a whole new world
Bowjob: I nominate pirateat40 for the documentary
mjr_: typically...if you wait, prices usually fall
mjr_: on most consumable things
mjr_: but in a bitcoin economy, the opposite may be true until you can finally do most of your transactions in bitcoin
benkay: assets denominated in btc just keep increasing in price
mjr_: in which case you would still be paying the same 30 btc you would have before
mircea_popescu: back in april 2012 when it was introduced fee was like, 100 bux irrc
mjr_: oh...i emailed freenode and asked if they would accept bitcoin donations
mjr_: they only take credit card and paypal right now
mjr_: and i mean, it is pretty much exactly what they believe in as far as distributed systems and freedom
assbot: [HAVELOCK] [HIM] 1 @ 1.7 BTC [+]
benkay: where did homegirl running MPOE-PR pick up all dat econ?
mircea_popescu: benkay she is ocassionally allowed a quiet seat at the board meetings.
benkay: mircea_popescu: preferred capitalization MPEx or MPEX?
Bowjob: money printing exchange
Bowjob: does it it suck for people with bad calls and puts
mpexbot: benkay: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
Bowjob: i remember a 500 BTC squeezed out of a poor speculator
Bowjob: from the 26 to 20 dollar flash crash
mircea_popescu: Bowjob end of jan somebody got wiped for like 5k actually
assbot: [HAVELOCK] [SDICE] 1 @ 0.5949999 BTC [-]
Bowjob: Buy and hold, doesnt cost a dime
mircea_popescu: i think the record is that one time when s.dice got sold to like 0.0008
mircea_popescu: we mostly came to the conclusion it must have been a msitake
Bowjob: that was an 80k USD mistake
benkay: mircea_popescu: i'm aware of the email and irc channels for posting trades to MPEx, are there others I'm not aware of?
assbot: [HAVELOCK] [SDICE] 1 @ 0.595 BTC [+]
Bowjob: and of course this being the wild wild west of finance
Bowjob: they cant.. they cant reverse it
mircea_popescu: i had mentioned that if the worst comes to worst we will take it to email,
benkay: thanks for the clarification. is irc then the only channel over which you're accepting transactions?
gribble: BTCUSD ticker | Best bid: 46.95900, Best ask: 47.25000, Bid-ask spread: 0.29100, Last trade: 47.33203, 24 hour volume: 47013.01597736, 24 hour low: 43.41100, 24 hour high: 47.89860, 24 hour vwap: 45.74036
mircea_popescu: other than that there are private proxies available atm, and the public irc bots.
Bowjob: "I wish I had bought some when they were cheap :(" - On the current events forums of gamefaqs
benkay: is one more robust than the other? do you prefer to receive over irc?
Bowjob: I was telling them about BTC since it was 13 dollars..
mircea_popescu: this is a difficult question tho, robust by what standard ?
benkay: some arbitrary heuristic?
benkay: your team's hunches about these things?
mjr_: yeah i think this is a great system
assbot: [BTCTC] [GSDPT] 2 @ 0.0056 = 0.0112 BTC [-]
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.24110904 = 241.109 BTC
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.21525757 = 215.2576 BTC
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.19052144 = 190.5214 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.16701309 = 167.0131 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.14485191 = 144.8519 BTC [-]
mjr_: i managed to import your pub key mircea
mjr_: still getting used to gpg
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00999 BTC [+]
mircea_popescu: aand we're officially over 200k option contracts traded this month.
mjr_: does anyone know how to type the double barred B
assbot: [BTCTC] [BASIC-MINING] 15 @ 0.33318 = 4.9977 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.33317 = 1.3327 BTC [-]
assbot: [BTCTC] [COGNITIVE] 23 @ 0.21 = 4.83 BTC [+]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.215 = 0.43 BTC [+]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.22 = 0.66 BTC [+]
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.23978602 = 239.786 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.21402821 = 214.0282 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.1893874 = 189.3874 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.16597581 = 165.9758 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.14391278 = 143.9128 BTC [-]
MadSweeney: mpex being dos'd can be ironically considered a milestone ;-)
gribble: BTCUSD ticker | Best bid: 47.53000, Best ask: 47.54224, Bid-ask spread: 0.01224, Last trade: 47.53000, 24 hour volume: 48358.44194382, 24 hour low: 43.41100, 24 hour high: 47.95000, 24 hour vwap: 45.90546
Bowjob: ;;eightball Will BTC rise higher this week?
gribble: The answer is a resounding no.
Bowjob: Someone offered me 112 BTC for my Avalon
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.23956955 = 239.5696 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.21382268 = 213.8227 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.1891934 = 189.1934 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.16579394 = 165.7939 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.14374371 = 143.7437 BTC [-]
Bowjob: MadSweeny do people use BTC in the philippines?
Bowjob: id imagine people earn lik 1.5 BTC for 1 month
Bowjob: whats the average salary there
Bowjob: k, maybe 4 BTC im guessing
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.2390698 = 239.0698 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.21335791 = 213.3579 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.18876427 = 188.7643 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.16540104 = 165.401 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.1433876 = 143.3876 BTC [-]
Bowjob: I havent really paid attention..what does it mean
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 40.68083871 / 49.87693675 / 50.5301272 (no shares, 17,066.74 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mjr_: cool thats what i was figuring
mjr_: lol i just realized that i had kleopatra installed already and i was doing everything from the command line
mjr_: yeah i figured someone was hedging something with those
benkay: all the way down to 47...
mircea_popescu: if coinlab etc had a clue they could actually insure their coins
mircea_popescu: so they could deliver to customers rather than cancel orders
Bowjob: put options.. meaning they expect btc prices to go down.. to 47?
mircea_popescu: person is basically saying "btc will stay over 50 the entire month, and maybe even over 55"
mircea_popescu: you can tell cause the bids were taken out not the asks
mjr_: no selling a put = buying a call
mjr_: if you are "short" a put
mjr_: it is a bullish move
assbot: [HAVELOCK] [SDICE] 1 @ 0.59499999 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.595 = 5.355 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.599 = 1.198 BTC [+]
mjr_: so if you think something is going up you can sell puts and collect premiums and buy calls as well
Bowjob: nice recovery on havelock
Bowjob: i sold at 0.75, lets see what happens
mjr_: some people sell puts in order to buy calls (lowers their cost)
Bowjob: They should have taught me this in hs
Bowjob: but if they taught me about this in hs, there wont be time for shakespear
mjr_: shit they should teach people what a debit and a credit is
mjr_: i was actually thinking about trying to create a web based class
mjr_: like kahn academy or something about finance
Bowjob: thankfully, unlike most of my 20 year old contemporaries, I had this fine idea of saving more than i've been spending
mjr_: that is a smart idea
benkay: the whole education stack needs to be online
Bowjob: and i put it in bitcoins
mjr_: but not when you have rampant inflation
Bowjob: before they blew up from 13 dollars
mjr_: so in your case smart
Bowjob: and i did put in what i can lose and just write off
benkay: don't fixate on short term
BitHub: selling asicminer shares 1.8 each get at me
benkay: do you want to do the trading thing?
mjr_: mircea_popescu: what is the capital requirement for someone to sell the amount of puts we just saw
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84999 BTC [+]
Bowjob: mhm, lets just say i'm "interested" not sure yet
Bowjob: i'm an owl for now. just observing
benkay: what kind of work do you do?
mod6: sorry about the in and out, but it works better now, does both depth and vwap -- its all in one code file now too.
mod6: depth output successful
kakobrekla: is that in and out going to be a casual thing ?
mod6: na, i need to figure out how to msg the bot directly :/
mod6: heh, this doesn't work quite like that
kakobrekla: ya but if we have 10 people using the script and all joining and parting
mjr_: ;;calc 239+213+188+165+143
gribble: BTCUSD ticker | Best bid: 47.52311, Best ask: 47.90000, Bid-ask spread: 0.37689, Last trade: 47.92886, 24 hour volume: 49410.60996836, 24 hour low: 43.41100, 24 hour high: 47.95000, 24 hour vwap: 45.95456
mjr_: so, that guy just collected 948 bitcoins
mjr_: whoever sold those puts
mjr_: the bot bought them
assbot: [HAVELOCK] [KCIM] 1 @ 1.25 BTC [+]
mjr_: what's the equation for collateral?
gribble: There are currently 3929.1374 bitcoins offered at or under 48.0 USD, worth 188482.186888 USD in total. | Data vintage: 0.0021 seconds
gribble: There are currently 33194.542 bitcoins offered at or under 50.0 USD, worth 1619455.56147 USD in total. | Data vintage: 11.2957 seconds
Chaang-Noi: it si trhe weekend and we are trucking on up.... crazy
mjr_: s.dice is back up too
Chaang-Noi: o kinda wan t to just walk away from btc land for a month come back and see what is going on...
mjr_: i am actually trying to mine litecoin
mjr_: not because i particularly like them
mjr_: but because i can send them to btc-e
Chaang-Noi: many many gpu miners will mine and support ltc now asics
dub: does cpu mining still work for ltc?
mjr_: lol it hasn't worked for me
Bowjob: Stupid move on my part, I sold 10k LTC
Chaang-Noi: it works but like cpu mining in btc dont do it:)
Bowjob: maybe I should buy back
mjr_: well...if you move them to btc-e
mjr_: you can get access to better prices
mjr_: i just don't like the other funding options
mjr_: to clarify: i meant you could end up with more bitcoins
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.23838313 = 238.3831 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.21271752 = 212.7175 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.18817119 = 188.1712 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.16485623 = 164.8562 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.14289205 = 142.8921 BTC [-]
mjr_: ;;calc 239+213+188+165+143
pizzaman1337: every time the bot puts up more blocks they're taken out
mjr_: mircea_popescu: i have to imagine that your bot buys them as part of a hedging strategy
Namworld: Who's selling that amount of puts...
mod6: sorry guys, just a few more tests..
mjr_: no worries...to be honest, i think you can just turn off showing joins and parts
mjr_: i know you can in colloquy, but not sure about MIRC
kakobrekla: but thats like turning off 1 satoshi txes
mjr_: no i didn't mean you
pizzaman1337: in order for that person to "cash out" they need to buy puts back, right?
mjr_: i meant you can send them, but i can not display them
pizzaman1337: and what exactly happens when they autoexercise?
mjr_: do they always autoexercise?
mjr_: thought they would only do that if they are in the money
mjr_: they probably will just expire worthless
pizzaman1337: but if they expire worthless, than means they made pure profit because they don't have to buy back worthless options?
mircea_popescu: mjr_ well, if they're not in the money they just dissapear
mircea_popescu: if btc goes to like 55 and stays htere, all the btc he got selling he keeps
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.85 BTC [+]
mircea_popescu: if btc goes to 40, he's on the hook for the difference
pizzaman1337: what if the diff is greater than the amount of money he has?
mjr_: you technically expose yourself to unlimited liability when you write options (at least calls)
mjr_: but usually you have to have something to back against the most likely scenario
mjr_: thats why i was wondering the specific collateral requirements
Namworld: With a call, you need to put up 1 BTC collateral so it's always 100% covered
mjr_: it varies doesn't it?
Namworld: For calls, their value tends toward 1. For puts tho, their value tends toward the infinite.
mjr_: hmmm yes when writing them
Namworld: For example, if price becomes 1/1000 of the put's strike, the put would be worth 1000 BTC
Namworld: If it goes to a lower fraction, even more.
mjr_: my point is that since you COULD be on the hook for millions of bitcoins
mjr_: how many are required
Namworld: They're not fully covered. It would require infinite BTC.
mjr_: but what is the capital requirement
mircea_popescu: pizzaman1337 it can't be, cause he deposits collateral
Namworld: It varies depending on strike and current rate/BTC
mircea_popescu: Namworld they are fully covered, since you do put up enough btc to cover for the put in usd atthe time you write it
mjr_: just for example...let's say the vwap hits $100
mjr_: and you sold puts at $50
mjr_: wait reverse that lol
gribble: Error: "48.5" is not a valid command.
gribble: There are currently 17873.054 bitcoins offered at or under 48.5 USD, worth 863731.319966 USD in total. | Data vintage: 44.7354 seconds
kakobrekla: maybe from the sam guy who sold the puts
pizzaman1337: mircea_popescu: I think I understand it all, thanks. I'll have to give it a shot sometime.
mjr_: so anyway, let's say the vwap is 50 and you sell puts at 50, the price drops to 25
pizzaman1337: kakobrekla: but wouldln't that person want the price to increase?
kakobrekla: yes pizzaman1337, 04:37.38 ( kakobrekla ) now to be removed
mjr_: each contract would be liable for 2 bitcoins right?
Namworld: AActually in my example earlier, I think it should have been 999 BTC
Namworld: you get your fraction with x and remove 1 to that.
Namworld: Since at strike value, the put has 0 value.
mjr_: my point is just this...if you sold the put, and the price goes up 10x
Namworld: put is worth 0 so 0 collateral is eaten.
mjr_: but if it drops to 0
mjr_: i think i see what mircea was saying
Namworld: So you must pay an infinity of worthless BTC...
jborkl: you can only write covered options, no naked
pizzaman1337: "You don't hold enough assets to trade even one single unit of that MPSIC. Sad, sad, sad." < lulz
mircea_popescu: fortunately because btc is small and fiart is large it is kinda trivial for me to insure against that
mircea_popescu: so if btc goes to zero outstanding puts just get setrtled in fiat
mircea_popescu: anyway if btc is zero nobody would want to be settled in btc
Namworld: except you pay infinity x 0 USD per BTC...
mjr_: i am going to do some exploring on a pairs strategy
Namworld: if the price is 0.01 and strike is 1, you pay 99 BTC at 0.01 cent each...
Namworld: The lower the price goes, the more you owe. But the less the BTC costs to cover those larger BTC amounts.
mjr_: although that is true...
mjr_: technically if you need btc in order to unwind your position
mjr_: and have to buy it on the open market
mjr_: someone would have to sell it
mjr_: and if you are obligated to buy a lot
mjr_: you could be pushing the price up
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
mjr_: i was going to say that the other possibility is that you can cover the position very easily with another option
mjr_: if you sell one call for every put
mjr_: i meant buy a call for each put sold
mod6: hmm, ok well anyway, it works, kinda.
mod6: needs more work, but gotta run for now lol
mjr_: i was just looking at the last one, really great job mod6
bgupta: Hey is it ontopic to discuss pricing of bitcoin denominates securities in this channel?
bgupta: mostly wondering about ASICMINER share and their passthrough derivates.
mjr_: lol its all we talk about really
mjr_: bitcoin is finance porn
benkay: bitcoin is disruptive tech porn
mjr_: mod6: no prob, it is really really cool
mod6: right on heheh. its awesome just to see it work, kinda lol
mjr_: whats interesting is that we are sending our GET requests via irc
mjr_: and retrieving a dynamic web page at a different address
mjr_: i think that is really cool
mod6: oh, so the bummer so far is... i maybe shouldn't have done a commit in there and had left those files to be still able to interface with mpex or a proxy in a way thats outward facing... if that ever happens again
mod6: cause with that, it was still tor capable
mod6: so i'll probably just re-introduce those files if/when that happens so tor may be utililzed
bgupta: so back when btw rallied from zero to about 10 it caught my attention… and I made a decision to invest in gnu mining gear. by the time I got my gear up and running it had spiked up to to 30+ and then crashed… I ran my rigs at a loss for almost a year, but when the algorithm changed, I decided that investing the wrk to reprogram them was a loser and shut it all down.. I managed to hang onto a minuscule 500 b
mjr_: i kinda thought that maybe you could host the website on tor with no order functionality
mod6: anyway, just thought yall should know what was happening.
bgupta: held it fallow for the past year or so… but the recent spike in price got me wondering if spinning up made sense (I decided no since the a sic stuff is imminent)
mod6: mjr_: that is pretty neat-o huh :)
mjr_: do you get cheap electricity bgupta?
mjr_: mircea_popescu: also i can host a mirror if you like...it will be pretty tough for them to take out a GAE instance
mod6: ok, i'll reintroduce those files with needed changes as that approches. that'll be awesome
bgupta: In the past no, unfortunately…. now… I have a partner willing to pay electricity if I provide hardware and we split proceeds 50/50.. I think it's a loser for him though.. mircea_popescu yes sorry not reading what I am typing..
mod6: i have basically only accessed mpex over tor since you moved it all over to that early last year
mod6: its always been fast for me
mircea_popescu: if by hardware you mean gpus bgupta it's a loser for him. and prolly for you too.
mjr_: well...not really for him, if he alrady has the hardware
bgupta: well… they are paid for… so not really
mjr_: he will just get to keep half of the small number of bitcoins he gets
bgupta: the loss will be a day of my time figuring out how to setup the softare
mod6: any amt of satoshi will be signifigant eventually
mjr_: i thought you already had it running?
mjr_: i am debating installing visual studio 2012 on my home computer
bgupta: I had it running was paying way to much for hosting in a real datacenter.. so shut it down last april when they changed the algorithm,,
mjr_: what do you mean changed the algorithm?
mjr_: if you mean when the pay rate halved
bgupta: mmm… existing miners had to upgrade the software..
bgupta: let me see if i can find the deets
bgupta: yeah bitcoind changed… and all pools and miners had to upgrade
bgupta: my pool at the time didn't upgrade and shutdown.. and since I was losing close to 50% at the time (due to the ridiculously low price of btw at the time) I followed them
assbot: Have you got any tobacco?
assbot: You had the last Philistine. This one's mine.
bgupta: I probably mined close to 10k coins while I had my rigs up.. but only managed to walk away with 500 btw after all was said and done..
assbot: [MPEX:S.DICE] 1D: 0.00549999 / 0.00549999 / 0.0055 (1650 shares, 9.07 BTC), 7D: 0.00300001 / 0.00558182 / 0.006225 (392080 shares, 2,188.52 BTC), 30D: 0.00300001 / 0.00616213 / 0.0069 (3732757 shares, 23,001.76 BTC)
bgupta: don'w know why I keep doing the same type
Bowjob: mhm. what will happen to SR when mt gox stops their service to NA
bgupta: Guessing NA is north america?
Chaang-Noi: anyone here selling off some of their btc and buying something crazy? or are we all just holing untill $1000 plus?
dub: Chaang-Noi: im thinking about turnign some asicminer into a truck
bgupta: I am willing to sell my premium domain for 4000 btc..
Bowjob: it better start with mt. and and with gox
Chaang-Noi: dub i did that already, traded my car in and got a truck
bgupta: If it was USD I'd want a bit more, but it is a digital only transaction, so I'm willing to do it for a little less
bgupta: unfortunately the folks that would be interested don't deal in btc
bgupta: Quick question in the flow… Are BitFunder, btct.co and apex the main securities exchanges ATM?
bgupta: $0… registered it before they charged for registering domains..
bgupta: been paying whatever a year for the standard domain registration..
Chaang-Noi: im sure its a good name but you are going to have to hit the right people to get that much out of it
bgupta: well I had it appraised for $250,000.. but to sell it, i'd need to put a lot of time into adverttising, and likely need to retain a domain broker.. and then take a huge hit on taxes..
bgupta: realistically if I tried I could probably pocket close to $200,000
bgupta: It's the most valuable thing I own, and it goes up about 7% a year in value
bgupta: (Well other than my apt)
mjr_: my friend who owns an it consulting company said that that is his biggest regret
mircea_popescu: and wth, it boggles that anyone'd pay 200k for a domain.
bgupta: well not an individual for sure..
bgupta: think startup or large company
mjr_: 200k is not much for a big company
bgupta: they don't even allow people to register two letter domains any more.
mjr_: i meant as part of a budget involving web presence
bgupta: memorable domains are getting harder to come by...
mjr_: that is a scarce resource
mjr_: when i was looking into getting a domain name for my site
benkay: ad buys are made by advertisers
benkay: they don't think like that
mjr_: it is hard to get a one word domain
mircea_popescu: no "memorable domain" has a site worth anything on it.
mjr_: and getting those domains
benkay: coca cola's ad company isn't smart enough for that shit
Chaang-Noi: i hold tygrr.com and bitcoins.lc not really worth a whole lot.
benkay: they're herd followers
mjr_: i got btcshares.com
mircea_popescu: did any of the large btc players bother with it ? nope.
mjr_: bitcoins are still very new
mjr_: i bet that domain will be very valuable in the future
mircea_popescu: there's people in btc that can afford 200k for a domain.
mircea_popescu: i bet it will be very valuable in the sense 10 bucks are very valuable.
benkay: their capital is best put to work in profitable ventures
bgupta: well we are a bit different in that we use irc and weirdly named forums for most of our info. we seek out knowledge
dub: btc.com is too generic, like dollar.com
dub: you don't want that for a brand
bgupta: yeah the problem with too generic is they aren't trademarkable.
bgupta: which means you can't build a company or a brand around them
dub: sex.com sold for $14mn in 2010
benkay: spend your energy on creating value
dub: insure.com for $16mn
benkay: capture a small fraction
benkay: don't wager with your life work
mjr_: typically we think of being creative
dub: man up and use it for a shock site tbh
bgupta: yeah.. I've been holding it, because one day when I do a startup, I want a unique domain name to do it with.
mjr_: but that is way harder for some people than just throwing money at stuff
benkay: that domain's taking up too much of your brainspace
mjr_: i am just saying that domains are valuable, cuz people want them
benkay: if you're wasting cycles on thinking about domains
mircea_popescu: <dub> sex.com sold for $14mn in 2010 << and it never generated 1mn of revenue in its entire lifetime
benkay: you're not going to be successful in running your own business
mircea_popescu: i am aware the domain name scam people are really working hard to make their coolaid credible
benkay: not in a high-competition, high-growth, environment
mjr_: benkay: that is the point, most people do not want to own their own business
mircea_popescu: but a ny times blog hit is nothing in this discussion.
benkay: i get it man, i get it
bgupta: The reality is google kinda made domain names less relevant.. that and the fact that browsers changed how they deal with stuff you type into the address bar.
benkay: doesn't mean i don't think that putting it all on a specific slot on the fucking roulette table is a good idea
dub: yeah for most people google is the address bar
benkay: i infrequently type domains
mircea_popescu: the way to go is just invent a name and use that as your tm and domains
dub: yep, and remember bookmarks? lol
bgupta: point is that if I worked really hard I could sell it for $200,000, or if I worked even harder, I could build a kick ass business with a cool domain name that's easy to type.. I have time for neither atm.
benkay: ca <arrow down> <arrow down> <enter>
benkay: aren't there things you'd enjoy working on more?
bgupta: if someone flush with btw wanted to take it off my hands I'd be cool.. but that's a side bar..
benkay: it's fucking nice to build stuff people value enough to cut checks for
bgupta: Yeah sure.. I run a LUG.. which I LOVE.
dub: its probably worht throwing a thread up about it
bgupta: I do OSS stuff, love that too
benkay: what's your profit center?
dub: the great thing about bitcoin is there is no shortage of idiots, some with too much money
benkay: true of any market of a reasonable size
mjr_: dub: yep, the market fixes that situation
bgupta: I do consulting which is a brutal business.
mircea_popescu: <benkay> it's fucking nice to build stuff people value enough to cut checks for << this.
bgupta: mmm.. to make a dollar you need to sell a body, brutal.. no real leverage, no real product.
dub: tis potentially a nice way for someone to cash out $200k of btc too
benkay: mircea_popescu: the best part is that everything i get checks for, i also learn new skills that multiply my rate
bgupta: dub what forum would I post it to if I wanted to pursue?
dub: bgupta: the bitcointalk market or auction forums
bgupta: benkay: I run a small consulting company.. it's not just me… so most of my time is spent doing business stuff not learning
benkay: i've seen that happen man
benkay: i've never seen someone run the shop and still make commits
Bowjob: stupid parents took my piano away
mircea_popescu: "Japan needs to face up to reality, and take real steps to correct its mistakes... so as to prevent a further escalation,"
bgupta: The one thing I do like about it is the flexibility...
benkay: i get to bill anywhere i am
benkay: boss-folks like to see my face from time to time
bgupta: I get to pick my priorities..
benkay: but it's part of my mystique that i show up at the office kind of randomly
bgupta: been growing my lug and getting some pretty cool speakers..
benkay: what's the appeal in the lug?
dub: benkay: I had that at ibm, nobody (besides customers) had any clue what I did
bgupta: I get to onsite awesome folks to NYC to talk to a bunch of geeks
gribble: BTCUSD ticker | Best bid: 47.30215, Best ask: 47.30587, Bid-ask spread: 0.00372, Last trade: 47.30215, 24 hour volume: 50842.40617608, 24 hour low: 43.60001, 24 hour high: 47.95000, 24 hour vwap: 46.10288
Bowjob: by "crashing" i mean volatility
bgupta: so the real reason I can into this channel was to ask what folks think about ASICMINER shares, and the passthrough variants.
bgupta: I perhaps overshared, and for that I apologize, I;m a bit too open that way.
gribble: Nick 'jborkl', with hostmask 'jborkl!~jborkl_@unaffiliated/jborkl', is not identified.
the-bucket-shop: I've not looked at numbers for asicminer but I've met people at meet ups that seem to like it alot
gribble: Error: The command "get" is available in the Dunno, Herald, and Topic plugins. Please specify the plugin whose command you wish to call by using its name as a command before "get".
gribble: Error: "getinfo" is not a valid command.
gribble: Error: "gpginfo" is not a valid command.
gribble: Nick 'jborkl', with hostmask 'jborkl!~jborkl_@unaffiliated/jborkl', is not identified.
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
bgupta: trying to value the shares, as they are starting to climb… faster than I can transfer btc out of mtgox (which is where has been my wallet for the past year.)
bgupta: I set that up ages ago… not sure if it's enabled
gribble: Nick 'bgupta', with hostmask 'bgupta!~bgupta@207-237-250-126.c3-0.80w-ubr1.nyr-80w.ny.cable.rcn.com', is not identified.
bgupta: thanks for the link will read..
assbot: [BTCTC] [B.YABMC] 10 @ 0.01398 = 0.1398 BTC [+]
gribble: Nick 'jborkl_', with hostmask 'jborkl_!~jborkl@unaffiliated/jborkl', is not identified.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01599 BTC [+]
assbot: [BTCTC] [B.YABMC] 18 @ 0.01999 = 0.3598 BTC [+]
bgupta: so one thing I discovered is once the initial asicminer investors have been paid dividends drop by half.. since the real investors own half of the whole thing.
gribble: Nick 'jborkl', with hostmask 'jborkl!~jborkl_@unaffiliated/jborkl', is identified as user jborkl_, with GPG key id 3ABA925F1676E0DA, key fingerprint BEDA499D84B3F11FAC2C98C13ABA925F1676E0DA, and bitcoin address 1assBEfKxpuhv3HdYfQwf9h2TR43DwVke
bgupta: considering initial investors bought shares at ~0.1btc that should happen sooner than later
Bowjob: ... stupid fucking parents taking my piano downstairs
Bowjob: bpjhwsipghsipfghipaefghiaef
bgupta: mircea_popescu: Without asking you to divulge too much roughly what part of the world are you in?
Bowjob: i swear i have rage building right now
bgupta: mircea: Is there a way to buy straight up shares of asicminer, without doing passthrough stuff?
bgupta: err: mircea_popescu ^^
bgupta: what does that mean they "blew a listing"
Bowjob: I feel so violated.. that piano is my personal one
mircea_popescu: think of it in these terms : company pops up, doesn't list on nyse, lists on pink sheets
Bowjob: theres a second piano downstairs that i do not care about
bgupta: SO the muse thing that everyone bitches about the 30btc thing.. that's just a one time thing, no?
bgupta: ok.. that would make trading difficult for me if it was a trading cost.
mircea_popescu: "everyone". hm. it's more of a "everyone that's bitching about it is bitching about it".
dub: bgupta: there are lots of otc asicminer trades happening, check the auction forum
dub: bgupta: friedcat (asicminer guy) is timely about transferring etc
mircea_popescu: but yes, there's a large assignment market in it too, otc.
bgupta: err.. lot me clarify "everything that bitches" means "everyone that bitches about mpex"… I believe that's the biggest complaint. and I'm ok with it…
mircea_popescu: i thought the biggest complaint was that i'm not nice.
bgupta: I am ready to buy sink 300 some odd btw into asicminer.. these penny-ante exchanges aren't quite cutting it.
bgupta: very cool. sorry for being oversharing.
bgupta: (Realising that 300 btw is penny-ante)
bgupta: the sharing of internet complaints..
Bowjob: I'll warn them next time they try to pull this shit again, I will yell at them so that all the guests will hear it.
mircea_popescu: lol that's not a problem, the internet was born to kvetch
bgupta: mircea_popescu: are your trades listed publicly? IE: do I need to buy in to see traffic?
bgupta: fuck it's all a gamble
mircea_popescu: all the earlier excitement about the trading puts for instance
mircea_popescu: twitter.com/mpex1 or you could just follow the twitter.
bgupta: Ohhhh… was gonna ask what these things are..
bgupta: me hates me some derivatives. (unless of course.. I am issuing them)
bgupta: mircea: I am looking for a "stock exchange"
bgupta: json is human readable.. but… I need to whip out cli shit to deal.. one moment.. (I'm slow)
assbot: [MPEX:S.MPOE] 1D: 0.00067638 / 0.00074998 / 0.00075 (89317 shares, 66.99 BTC), 7D: 0.00067334 / 0.00074889 / 0.00078628 (10735832 shares, 8,040.01 BTC), 30D: 0.0006153 / 0.00068483 / 0.00078628 (58572634 shares, 40,112.83 BTC)
assbot: [MPEX:S.DICE] 1D: 0.00549999 / 0.00549999 / 0.0055 (1650 shares, 9.07 BTC), 7D: 0.00300001 / 0.00558182 / 0.006225 (392080 shares, 2,188.52 BTC), 30D: 0.00300001 / 0.00616213 / 0.0069 (3732756 shares, 23,001.75 BTC)
assbot: [MPEX:S.BBET] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.0015 / 0.00174357 / 0.00197 (80200 shares, 139.83 BTC), 30D: 0.0015 / 0.00178893 / 0.00197 (111808 shares, 200.02 BTC)
bgupta: gotcha… ok I have to admit, I think the shit futures/options/derivatives are gonna make a number of folks very rich, I wish we could leave all that baggage behind is in the fiat world. We don't need wall street and hedge funds and institutional folks to "help us along"
mircea_popescu: how do you expect btc to work without financial instruments.
mircea_popescu: just because your master stripped you naked and beat you with a whip doesn't mean there's no need for whips in this new state you're making "for freedom".
bgupta: fair enough… they have their utility.
Bowjob: some serious resistance this is
bgupta: meh… guessing price is gonna need to consolidate a bit.. before it can go up again
bgupta: it's had an amazing run… (I think it's not gonna collapse below 20 or so… but that's just me).. I think it has huge potential
bgupta: I've starting thinking about things in btw… not USD… it's hard
bgupta: how do i get post access on bitcointalk??
bgupta: I get "be odd on newbie: but that's %^&ing retarded.
bgupta: ok my typing has suffered tonight as I drank a bottle of manzanilla
bgupta: the-bucket-shop: Like mods are retards x 5? <jk>
the-bucket-shop: no, I would add +1 to each retard mod. multiplying will put you way over
bgupta: ok now have posted two
assbot: [BTCTC] [GSDPT] 1 @ 0.0056 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.0056 BTC [-]
bgupta: although (sidetracked now)… They probably don't
the-bucket-shop: problems in the litecoin community? I don't follow the news there, but would love to hear complaints if any.
Bowjob: ;;eightball Will LTC crash?
gribble: BTCUSD ticker | Best bid: 47.34445, Best ask: 47.50000, Bid-ask spread: 0.15555, Last trade: 47.50000, 24 hour volume: 51372.27442917, 24 hour low: 43.70101, 24 hour high: 47.95000, 24 hour vwap: 46.15373
bgupta: ltc will go wonky one way or another when all the gnu miners drop out of btw and point at ltc.
Bowjob: ;;eightball Will LTC rise in value?
assbot: [MPEX] [S.DICE] 500 @ 0.005884 = 2.942 BTC [+]
ThickAsThieves: bgupta, doesn't mining difficulty push coin value up with it?
bgupta: Bowjob.. a big chunk of BTC miners are gonna be mining LTC so...
bgupta: supply and demand is what ultimately drives value
bgupta: demand just deals with one end of that equation.
bgupta: err difficulty just deals with one end of that equation.. and that's supply.
ThickAsThieves: ltc has a use just in that you can play it against btc
ThickAsThieves: as long as people mostly stay focused on 1 alt-coin, it will do well
assbot: [HAVELOCK] [HIM] 2 @ 1.75 = 3.5 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 40.86787592 / 49.80381297 / 50.5311083 (no shares, 17,228.61 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: BTCUSD ticker | Best bid: 47.28030, Best ask: 47.30009, Bid-ask spread: 0.01979, Last trade: 47.30009, 24 hour volume: 38523.58082220, 24 hour low: 44.30000, 24 hour high: 47.95000, 24 hour vwap: 46.52796
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.705 BTC [-]
mircea_popescu: ok so : jurov's coinbr has been nuked too, for the 2nd time. working on maximian's idea atm, probably back online soon.
assbot: [BTCTC] [S.MPOE-PT] 99 @ 0.000725 = 0.0718 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 38 @ 0.000725 = 0.0276 BTC [+]
gribble: I have not seen ineedausername.
AndChat567216: It's perhaps discussed already... but why not a MPEX proxy as TOR hidden service?
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.7 = 2.8 BTC [-]
mircea_popescu: AndChat567216 the concern is that may cause trouble to tor.
assbot: [HAVELOCK] [SDICE] 2 @ 0.6 = 1.2 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 25 @ 0.00194 = 0.0485 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.005884 / 0.005884 / 0.005884 (500 shares, 2.94 BTC), 7D: 0.00300001 / 0.00557643 / 0.006225 (387228 shares, 2,159.35 BTC), 30D: 0.00300001 / 0.00616219 / 0.0069 (3723806 shares, 22,946.81 BTC)
assbot: [MPEX:S.BBET] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.0015 / 0.00174357 / 0.00197 (80200 shares, 139.83 BTC), 30D: 0.0015 / 0.00178893 / 0.00197 (111808 shares, 200.02 BTC)
ThickAsThieves: is there someone i can bug to process manual withdrawals from BTCT/LTCglobal
kakobrekla: at this rate you gonna have to update that bitbet proposition soon
ThickAsThieves: wouldve been another 3000 if burnside did use Flintstone withdrawal method
ThickAsThieves: i guess if i had more monitors i could set up some for charts
ThickAsThieves: but still serve about 60 websites and 25 clients as designer
assbot: [HAVELOCK] [HIM] 1 @ 1.75 BTC [+]
pigeons: why are there still designers? we have bootstrap
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499998 BTC [-]
ThickAsThieves: what kind of design are you looking for? i could dig up relavant samples
Namworld: lol... everybody use basic bootstrap only! A la GLBSE.
Diablo-D3: the newest version of foundation actually looks nice
Diablo-D3: too many flakey devices that get css wrong
Namworld: What? How would it not be worth it?
Namworld: That's not even a good reason.
Diablo-D3: Namworld: if you want your website to look correct on every device ever, yes, it is a good reason
Namworld: The same can be done manually...
Namworld: Plus bootstrap doesn't support everything...
Diablo-D3: bootstrap supports everything worthwhile
Diablo-D3: and supports a lot of older mobile browsers that really should just be tossed in the trash
Diablo-D3: dude, I've written frameworks like bootstrap and foundation before, you haven't
Diablo-D3: its a pain in the fucking ass, and not worth wasting your time on
Diablo-D3: if a team wants to dedicate their shitty little lives to it, let them, it saves me the time of having to hit phones with hammers until they work
Diablo-D3: ThickAsThieves: I fucking hate it and I'm seriously considering replacing mine with a static blog
Diablo-D3: do like some git cron job or something
ThickAsThieves: you hate it personally, and/or you think others shouldn't use it?
Diablo-D3: Ive ran a wordpress blog for like 7 or 8 years now
Diablo-D3: it makes me hate php more and more
Diablo-D3: ThickAsThieves: they shouldn't, its a security hazard
Diablo-D3: this is why I run it on an isolated vps
Diablo-D3: just so it can't fuck other shit up
Diablo-D3: ThickAsThieves: its easy to explain to a plumber
Diablo-D3: "wordpress is written in php, php makes it easy for you to write code wrong so hackers can come in and fuck your website up"
Diablo-D3: "because they're assholes, Bob, they're assholes"
Diablo-D3: if you name your kid bob, he will grow up to either be a plumber or an electrician
Diablo-D3: but yeah, storing your blog statically in git and then outsourcing the comments to a service
Diablo-D3: would really cut down on the bullshit
pigeons: lots of sites i dont realize they have comments cause they use javascript to display them from a 3rd party service
Diablo-D3: pigeons: er, except said 3rd party services email you on comment
Diablo-D3: unless they explicitly set it up as moderation, then thats fine
pigeons: that's why i use your email address
Diablo-D3: lol but its gmail and gmail filters like a baus
assbot: [BTCTC] [S.DICE-PT] 32 @ 0.00564 = 0.1805 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 50 @ 0.00565 = 0.2825 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 300 @ 0.00567 = 1.701 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.005709 = 0.0571 BTC [+]
FabianB: Rick__: still only here on irc
Rick__: when will it be back on line?
Namworld: No one can know... it's being DDoS'ed
Namworld: Whenever however is DDoS'ing it stops.
Rick__: mircea cant do anything with the "ddos"?
Rick__: what if the ddosing wont stop?
jurov: i'm working on bringing mpex.coinbr.com onlinw with amazing powers
jurov: hopefully others, too
Rick__: looking forword to have mpex.coinbr.com back
mircea_popescu: Rick__ as i said, there;'s more hardware coming online, and meanwhile trading works through the bots
mircea_popescu: also possibly of interest to you, FabianB has released an equivalent of pympex capable of going through the irc bots
smickles: mircea_popescu: would you mind if '$vwap s.dice' returned what one might expect?
smickles: ooh, what's this FabianB thing?
FabianB: smickles: it's like pympex
FabianB: just a little smoother interface, more features and can talk to the irc bots
mircea_popescu: Mar 09 23:23:07 <mircea_popescu> kakobrekla : can you make assbot ticker identifier to be hungry ?
mircea_popescu: Mar 09 23:23:13 <mircea_popescu> such as !ticker m C600T
pigeons: did you turn normal during your time away from irc smickles?
Rick__: mircea,I can read English,but lots of computer things I dont understand,it's very diffcult for me
mircea_popescu: Rick__ ok. basically, don't panic, we're working on it. even if ddos never stops.
pigeons: Rick__: do you need some trades executed now?
Rick__: just care about the website
pigeons: yes, we all cared about her, she's very pretty
Rick__: I invest hundreds of coin in it
Rick__: so basicly,when will it be back on line?do you have a schedule?
FabianB: problem with GUIs is that its majority of users are ms windows users
Rick__: If you thing I can understand
mircea_popescu: Rick__ ok lets see. suppose you have a shop somewhere. you make ok money selling things in your shop.
mircea_popescu: one day a customer comes in and says "hi i want to buy a carrot".
mircea_popescu: your shop doesn't sell carrots. you tell him this. he leaves.
mircea_popescu: the next day, 167`855`212 peopel come to your shop. each of them goes "hi i want to buy a carrot".
mircea_popescu: the police wants to fine you because your shop is blocking the traffic
Rick__: okay,that's making sence
Rick__: yeah,want shot somebody!
mircea_popescu: ok so, what you do is either make a much larger shop, or make the shop location secret, or both.
mircea_popescu: i am doing both. however, building a supermarket is not instantaneous.
Rick__: so the carrot here,what exacly the hacker do ,
mircea_popescu: it should have been online by yest, but we ran into supplier problems. that's detailed here :
Rick__: okay,thank you very much
pigeons: dunno, i've played with OGLE for capturing geometry
FabianB: mircea_popescu: probably, but opengl is good for games and maybe charts, but not so much for normal guis
FabianB: mircea_popescu: it's useful for 3D stuff etc.
smickles: FabianB: looks nice, and good thing to add the ability to go via IRC :)
mircea_popescu: i understand that, but i mean... if it can do that why couldn't it do some window boxes
smickles: mircea_popescu: did kako say he wasn't going to make assbot 'hungry'?
FabianB: sure you can, but it's easier to do GUIs with QT, GTK, Cocoa or Windows native stuff
assbot: [MPEX:O.BTCUSD.P470T] 1D: 0.14289205 / 0.14375761 / 0.14485191 (5000 shares, 718.79 BTC), 7D: 0.14289205 / 0.14708052 / 0.18400178 (5450 shares, 801.59 BTC), 30D: 0.14289205 / 0.18072094 / 0.58814383 (5900 shares, 1,066.25 BTC)
pigeons: yes opengl doesn't have some of the same positioning microsoft's directx has, but opengl is ued on windows
mircea_popescu: i was just thinking one could make a single codebase that's then independently compilable by os
FabianB: qt and gtk are kinda cross OS too; packaging is some work though for windows
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
FabianB: mircea_popescu: the code can be done in a single codebase, but not the packaging
mircea_popescu: FabianB well if you use win stuff for instance, that won't be compilable in linux
mircea_popescu: if mpex gui ends up as a wine supported thing ima shoot myself
pigeons: yeah wine has a lib for exactly that, building cross-platform gui apps
smickles: lol, opengl. Let's make a 3d gui for mpex. heh, or maybe something like a minecraft interface to mpex :D
gabridome: thank you mircea that was really illuminating:"the next day, 167`855`212 peopel come to your shop. each of them goes "hi i want to buy a carrot".
Namworld: Well that's pretty much what a DDoS is.
pigeons: i could go for telnet to an mpex mud
smickles: mircea_popescu: yeah, i've got a minecraft server
Namworld: Except the people are mindless zombies controlled by a hacker.
smickles: well, it's tekkit, specifically
mircea_popescu: smickles what do you want to build a mpex hq on minecraft ?
smickles: and we'll probably move to feed the beast
mircea_popescu: Namworld i should have said "voters" shouldn't i have.
assbot: [HAVELOCK] [SDICE] 1 @ 0.60399999 BTC [-]
smickles: the thing about minecraft mods is, text based ones are quick and easy, in-game gui ones are a bit tougher, and 'in-game in-game' ones take a lot of time
smickles: and a text one would be useless because it be like irc, but take longer open
assbot: [HAVELOCK] [SDICE] 4 @ 0.604 = 2.416 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499995 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.72 = 2.88 BTC [-]
mircea_popescu: if you ever felt like getting into game-making this'd be a great in
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499997 BTC [+]
smickles: I did make a minecraft market mod which allowed players to buy and sell items/blocks at prices based on server-wide demand
FabianB: well java would be cross platform too, but no-one likes java guis (both users and developers)
mircea_popescu: because of the way mpex works, the worst that can happen isn't really too bad at all
gribble: BTCUSD ticker | Best bid: 47.30807, Best ask: 47.39936, Bid-ask spread: 0.09129, Last trade: 47.40000, 24 hour volume: 33231.78608909, 24 hour low: 45.23481, 24 hour high: 47.95000, 24 hour vwap: 46.88175
mircea_popescu: smickles "a lot of work" is it because you need art made ?
smickles: naw, minecraft art is simple stuff, the issue is fitting it into play in a way that makes sence
FabianB: and on top: GUIs attract people that need a lot of support; telling someone to type XY into a commandline is easy (can be copy/pasted); telling someone to first click on Y, type X and point the mouse to Z is cumbersome
assbot: [MPEX] [S.DICE] 499 @ 0.005884 = 2.9361 BTC [+]
assbot: [MPEX] [S.DICE] 7176 @ 0.00588401 = 42.2237 BTC [+]
assbot: [MPEX] [S.DICE] 9410 @ 0.00593938 = 55.8896 BTC [+]
assbot: [MPEX] [S.DICE] 5415 @ 0.00598314 = 32.3987 BTC [+]
mircea_popescu: gui is really a stupid way to interact with numeric machines, but hey.
gabridome: what about a javascript platform? security not enough?
mircea_popescu: gabridome security is not an issue really, because the messaging itself is encrypted
FabianB: gabridome: already exists: coinbr.com
smickles: just make the gui look exactly like bitcoinica did
gabridome: yeah. And there's also the esclamation point issue I couldn't deal with probably..
gribble: BTCUSD ticker | Best bid: 47.35000, Best ask: 47.40000, Bid-ask spread: 0.05000, Last trade: 47.35000, 24 hour volume: 33191.53570187, 24 hour low: 45.23481, 24 hour high: 47.95000, 24 hour vwap: 46.88337
FabianB: good thing i did the IRC extension, coz it made me implement the interactive mode; very nice to work with mpex in its own shell
mircea_popescu: i actually think there is a new business model being born here.
gabridome: is it easy to install ruby on Mac?
mircea_popescu: offer saas to mpex users : give them a fixed ip vps and handle support for mpex connectivity
FabianB: gabridome: it's shipped with mac, but old version and yes it's easy
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.00591 = 0.0296 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.00591 = 0.0296 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 62 @ 0.000725 = 0.045 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 1 @ 0.000725 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
gabridome: coinbr.com looks like down. Is it?
gabridome: FabianB:upgraded last version with brew (1.8.7) and tryed to install but:ERROR: Error installing mpex: ERROR: Failed to build gem native extension. Don't want to spam the channel but could you give me a way to support?
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.005905 = 0.1476 BTC [-]
gabridome: mircea_popescu: that look like a challenge. I'ignore it
mircea_popescu: lol. but seriously, it probably spits out something more useful in a log somewhere.
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009989 BTC [-]
gabridome: xcode-select: Error: No Xcode is selected. Use xcode-select -switch <path-to-xcode>, or see the xcode-select manpage (man xcode-select) for further information.
pigeons: apple's compiler/environment whatever
gabridome: ?m downloading the new version right now
smickles: mircea_popescu: what's vsa again?
pigeons: yeah use a computer not an apple
pigeons: well an apple II is a computer, but not a imacbook
FabianB: gabridome: as the readme says you need ruby > 1.9 or 2.0
smickles: ok, it's privitive, but it's there:
mpexbot: smickles: (vwap [<MPSIC>]) -- Returns a pastebin link with all available market data, excepting depth. If an MPSIC is specified, returns only the data relevant to that MPSIC in IRC.
mpexbot: smickles: (depth [<MPSIC>]) -- Returns the full market depth. If an MPSIC is specified, returns only the depth of the specified MPSIC.
smickles: benkay: there is also $post to send mpex commands, if you didn't know already ;)
benkay: do you have a moment to answer some rando questions, smickles?
kakobrekla: what is the air speed velocity of an african swallow?
pigeons: do you like gladiator movies?
mircea_popescu: hmm, smickles has failed to answer our questions. this is clearly a scam
smickles: philosophically speaking from a radical skepticism point of view, the answer to all of those is "i don't know"
Bowjob: so mp, doing any LTC mpex soon
Bowjob: i find it baffling it reaches 35 cents
Bowjob: considering it's a get rich quick
Bowjob: heck they openly admitted it on litecoin.org until recently
gribble: This user has not yet been rated. Currently authenticated from hostmask benkay!~benkay@c-71-193-200-93.hsd1.or.comcast.net .
kakobrekla: ;;rate benkay 1 mpex socket subscriber
gribble: Rating entry successful. Your rating of 1 for user benkay has been recorded.
benkay: ;;rate kakobrekla 1 mpex socket hookup
gribble: Rating entry successful. Your rating of 1 for user kakobrekla has been recorded.
gabridome: Pardon FabianB: seen just now. There's no brew formula for ruby 1.9. I guess I have to wait...
ThickAsThieves: ah my mistake the chart i was viewing says top pools that are 'asic ready'
mod6: Hey all. So I think I'm just gonna play with this thing a bit today, but it should be a lot less testing in here. I'm gonna change this thing so when it just sits in here, it looks for a msg from the owner defined by a pgp keyid and it'll verify with gribble via keyid & hostmask & if authenticated currently.
mod6: Then it can just msg mpexbot and get the stuff back without the additional join/part spammyness.
mod6: That code from yesterday worked, but kinda fucks a donkey.
deadweasel: i wish the devs I work with were as honest as you.
benkay: only mod6 smiles about fucking donkeys
deadweasel: i dunno, donkey shows are pretty big in the mexico
benkay: my favorite coders are ultra humble
benkay: i seek to emulate that
deadweasel: i'm lucky, my team is quite humble, except for the crappy two. they fuck everything up and spend a whole sprint doing one shite feature.
deadweasel: which everyone else fixes in the next sprint
benkay: are they shit or juniors?
deadweasel: I think she is leaving, I saw her updating her resume last week, AT WORK.
benkay: but *could* they be trained into high performers?
assbot: [BTCTC] [B.YABMC] 1 @ 0.01111 BTC [-]
assbot: [BTCTC] [B.YABMC] 99 @ 0.0111 = 1.0989 BTC [-]
benkay: i'm only moderately competent due to the generosity of senior engineers at every firm i've ever been a part of.
benkay: what kind of shop do work in?
mod6: lol, its been so long since i've written anything that interacts with irc. its kinda fun to write something like this. 250 million internet years ago, when the aol ice caps were still melting, I used Net::IRC a bunch, but now its deprecated. :/
mod6: this new lib seems to do the trick though
deadweasel: theres a few left, adrift in the north seas, they're like retarded unicorns
deadweasel: i cringe when someone has @aol.com email
gabridome: FabianB: I've succeded to compile it with the new version of Xcode!!! Now it gives me errors about No definition for rb_s_gpgme* maybe is the ruby version...
deadweasel: benkay: it's an AGILE/SCRUM team about 12 big, doing vetconnectplus.com
FabianB: gabridome: with xcode? ok.
FabianB: gabridome: well, you need > 1.9
deadweasel: it aggregates data from local vetinary machines and labs sent to regional labs, displays it altogether one historical graphs for vetinary diagnoses
FabianB: and gpg needs to installed
benkay: WHAT DEADWEASAL LETS GET BEERS
benkay: assuming you're working out of the idexx facility in portland
gabridome: Sincerly FabianB: thank you for your assistance but to manage more than one version of ruby or to compile Ruby on a non Linux environment is much further my knowledge. I'll wait a bit if brew issue a new formula for Ruby
FabianB: if i'm around i like to help, but i probably won't support 1.8, since it's old and no good irc libs out for it
FabianB: also in a high speed train right now, not really stable internet :)
gabridome: yeah I guessed it. better to wait for better libs
jurov: oh, that remains to be seen
gabridome: clap clap. Is it possible to remove:"The only Bitcoin service that has never been hacked. Established August 2011" it looks strange... ;)
assbot: [BTCTC] [BTC-TRADING-PT] 99 @ 0.1737 = 17.1963 BTC [+]
gabridome: I swear I swear that I wanted to bet...
gabridome: I have to modify my shell script..
assbot: [HAVELOCK] [SDICE] 2 @ 0.60499999 = 1.21 BTC [+]
Lyspooner: did the mpex ddos'er at least pay a subscription fee to MP?
smickles: "These keys are only used when there are other recipients given either by use of --recipient or by the asked user id. No trust checking is performed for these user ids and even disabled keys can be used."
jurov: Lyspooner, like, he issued gigabytes of STAT requests?
maximian: FabianB: your mpex gem is excellent
smickles: oh hey mircea_popescu, you should ident and repost the new keyid
smickles: did not know, is trilema back up?
assbot: [HAVELOCK] [SDICE] 2 @ 0.60499999 = 1.21 BTC [+]
mircea_popescu: ;;everify freenode:#bitcoin-otc:3b6fd8223825264e5fc51a61232399173363cd6a3672c77d8374c3e7
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
mircea_popescu: aha. ok so : new mpex key 3D57448E80A56F64F1D35E8F14460196CFE0F3E1 / CFE0F3E1
dub: coinbr still down though eh
dub: not processing orders anyway
pigeons: cause he's too lasy to extend expiration
dub: mircea_popescu: using coinbr ont the proxy
gabridome: smickless: remember to change youKeyID and to put eventually the esclamation point
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499997 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499998 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.605 = 1.21 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499999 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499999 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.605 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 3 @ 0.18 = 0.54 BTC [+]
assbot: [MPEX] [S.DICE] 2758 @ 0.00598314 = 16.5015 BTC [+]
pizzaman1337: mircea_popescu: gpg doesn't seem to be able to find that key for me, would you mind posting the key block somewhere?
assbot: [HAVELOCK] [SDICE] 1 @ 0.59999999 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.6 = 1.2 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499998 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499998 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.60499999 = 1.21 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.60499998 = 1.21 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.60499999 = 1.815 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.225 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499998 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.60499998 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.60499999 = 2.42 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.605 = 1.21 BTC [+]
assbot: [MPEX] [S.DICE] 846 @ 0.00599989 = 5.0759 BTC [+]
assbot: [MPEX] [S.DICE] 1654 @ 0.006 = 9.924 BTC [+]
gabridome: mircea_popescu:the new key is 1024 long and has no expiry date. Is it ok?
pigeons: dont bother asking the fingerprint, just the lenght and expiry date
pizzaman1337: kakobrekla: bot to arb S.DICE on mpex/havelock?
FabianB: maximian: thanks, if you have any suggestions i'll constantly try to improve it
kakobrekla: pizzaman1337 it should be done, but depth is kinda meh
pigeons: topace_: looks like your mpex transfer script needs to look for the sig by the new mpex key
gabridome: so I guess gpg tools keyring doesn't read well the lenght(?) mmhhh
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71997 BTC [-]
gabridome: yeah..Beg your pardon. You should be tierd to answer question to newbies. I didn't check the subkeys...
assbot: [BTCTC] [S.MPOE-PT] 3 @ 0.000725 = 0.0022 BTC [+]
assbot: [BTCTC] [GSDPT] 35 @ 0.00549 = 0.1922 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 12 @ 0.00066 = 0.0079 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 50 @ 0.00585 = 0.2925 BTC [-]
assbot: [BTCTC] [BTC-BOND] 37 @ 0.00999 = 0.3696 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00585 = 0.0878 BTC [-]
maximian: it could be that the rise in the exchange rate is being offset by more players
maximian: could be… we might see a nice recovery back to the .0070s
maximian: yep, and trade volume is still light. probably no big moves without some news.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71997 BTC [-]
maximian: still, nice to see some some demand return
assbot: [MPEX] [S.MPOE] 2000 @ 0.00075 = 1.5 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.7 = 4.9 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.1799 = 0.3598 BTC [-]
assbot: [BTCTC] [COGNITIVE] 6 @ 0.23 = 1.38 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.69 = 1.38 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.67 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.66 = 1.98 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.65 = 1.3 BTC [-]
topace_: pigeons: yea, i need to get that new key in there
topace_: gotta find the details on it.. since mpex is down i dont know where to look
topace_: (mpex.co website down, i mean)
topace_: is there a working mpex proxy besides the bot here?
MJR__: lol mined 50 Ltc last night dumping it now
topace_: can't even get to mp's blog to get the gpg key data
MJR__: yeah I miss polimedia
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.7 = 3.5 BTC [+]
mjr_: whats up jurov how you been?
mjr_: that was a nice experience, ltc into btc-e, traded for btc, and gone back to coinbr in less than a half hour
jurov: mjr_ well, i got sick of the whole situation (as if i catched cold)
topace_: mircea_popescu: please confirm fingerprint: 3D57 448E 80A5 6F64 F1D3 5E8F 1446 0196 CFE0 F3E1 ?
mircea_popescu: 3D57448E80A56F64F1D35E8F14460196CFE0F3E1 / CFE0F3E1 yeh
jurov: mjr_ had to very quickly move whole site and learn how amazon ec2 works
FabianB: if there are existing users: key can be changed in ~/.mpex/config.yaml
assbot: [BTCTC] [COGNITIVE] 2 @ 0.23 = 0.46 BTC [+]
topace_: pympex keeps telling me invalid signature,. but i have the new one in my keyring, and its signed
topace_: oh its telling me to email you my public key first
topace_: 2013-03-10T16:21:04.028098 Unrecognized signature. Please email your public key first.
FabianB: topace_: did you edit in the new one in the source?
jurov: topace, did you upgrade to my versionabove?
topace_: jurov: yes i did just did a fresh git clone
pizzaman1337: pympex works for me, I just edited the key. Make sure you sign the new one too.
assbot: [MPEX] [S.DICE] 2000 @ 0.0059998 = 11.9996 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.602 = 3.01 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.601 = 3.005 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.600002 = 5.4 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.6 = 3 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.59 = 1.77 BTC [-]
topace_: pigeons: mpex transfer should work again now
assbot: [BTCTC] [BTC-BOND] 14 @ 0.00999 = 0.1399 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.59 = 5.9 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.59 = 2.95 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.59 = 4.72 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.19 BTC [-]
assbot: [BTCTC] [COGNITIVE] 31 @ 0.1853 = 5.7443 BTC [-]
assbot: [BTCTC] [COGNITIVE] 8 @ 0.18521 = 1.4817 BTC [-]
mircea_popescu: dub the funny thing is, one of the things american ppl in england tend to mock is the roundabouts
MJR__: gonna drive straight, then turn to the left
dub: turning right is the devils work
MJR__: did you see that South Park?
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7 = 7 BTC [+]
topace_: mircea_popescu: so i just got a push receipt, that validates, but there arent any extra units in my account to account for the push?
gribble: Nick 'topace_', with hostmask 'topace_!~kvirc@CPEc0c1c03be745-CM00407b85cf6f.cpe.net.cable.rogers.com', is not identified.
assbot: [MPEX] [S.DICE] 60 @ 0.0059998 = 0.36 BTC [-]
topace_: 08AEAC40F3086E6131B39762A49472A32D4FCE50
mircea_popescu: if you can't id with that i'll have to ask you to sign something.
gribble: Nick 'topace', with hostmask 'topace!~kvirc@unaffiliated/topace', is not identified.
gribble: Nick 'topace_', with hostmask 'topace_!~kvirc@unaffiliated/topace', is not identified.
topace_: hmm guess i never setup gpg with gribble
mircea_popescu: sign a short explanation, date it, limit it and pastebin
mircea_popescu: "this is to prove key ownership over irc session 10 mar 2013 not valid for any other purpose"
mjr_: how do i link a btc address with gribble?
gribble: Error: "identr" is not a valid command.
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address None
Josh_Rossi: so i can't find any info on the wiki about adding a bitcoin address
Azelphur: Josh_Rossi: care to elaborate on what you're trying to do?
dub: add btc address to his otc user I think
gribble: Error: "guide" is not a valid command.
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
Josh_Rossi: yeah, i got it, i thought that was going to change my pgp address
dub: the docs are retarded
Josh_Rossi: but i realized that you are just changing the btc address from none to whatever
dub: so can you ident via bitcoin key now?
Anduck: do ;;bcauth and when you get the string
Anduck: sign it with the btc addr
Josh_Rossi: but i already set up a script to do it with pgp
Anduck: then do ;;bcverify <string>
Anduck: bitcoin is so much better imo
Anduck: i havent touched my gpg since that
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: [MPEX:S.DICE] 1D: 0.005884 / 0.00594534 / 0.006 (30318 shares, 180.25 BTC), 7D: 0.00300001 / 0.0056036 / 0.006225 (414146 shares, 2,320.71 BTC), 30D: 0.00300001 / 0.00616133 / 0.0069 (3639066 shares, 22,421.49 BTC)
Josh_Rossi: well, i kind of want to start using pgp for certain emails
Josh_Rossi: i had a long discussion with someone about how online identities may become much more valuable than social security numbers or drivers licenses
Josh_Rossi: you don't use them as often as you go online
vampireb: that's why you start creating few seperate identities
Josh_Rossi: and for the most part in real life, people trust you to be you cuz you look the same
mircea_popescu: moreover, if i lost my id i would be meh, send someone to get a new one
Josh_Rossi: is there some sort of certificate system?
Josh_Rossi: like key signing? or does gribble basically do that for us
Josh_Rossi: i mean fulfill the role that a key signing party would have fulfilled
Josh_Rossi: i literally feel like i'm living cryptonomicon
Josh_Rossi: i assume that everyone has read or is aware of that book...but if not it is amazing book about cryptography and digital currencies that was written before btc took off i think
Josh_Rossi: yes, does the WoT take the role of a key signing party
mircea_popescu: rather than the nominalist approach, try the functional
dub: no, wot is just a wot
Josh_Rossi: or i guess more accurately, learn more about how trust and cryptography are related
Josh_Rossi: i saw MPOE-PR show a sig that verified that she was authorized to speak on behalf of MPOE
Josh_Rossi: but it also said something like "this message is signed by this key, but that does not mean that it is really him"
mircea_popescu: what they mean is, anyone can create a key which would be named "Joe"
Josh_Rossi: someone with access to that private key
mircea_popescu: however, you didn't identify the key by it being named joe
FabianB: Josh_Rossi: yeah stephensons cryptonomicon is a fantastic book
Josh_Rossi: i guess they are saying that while that key is definitely valid
Josh_Rossi: and in your case, it is known that that is your key
Josh_Rossi: all i know is that they say "this is my pub key"
mircea_popescu: originally these keys were invented for and used by people whose real world presence was more important to each other
Josh_Rossi: just checking if i understood it correctly
Josh_Rossi: i trust that they key i used was really you
dub: for us it doesnt matter if its really him
Josh_Rossi: and then i can see that the key actually signed that statement
dub: or that he is who he says he is
mircea_popescu: you're not really verifying that the key is really this bloke in timisoara you couldn't care less about
mircea_popescu: you're really veryifying that the key signing here is the same key signing there
mircea_popescu: so it's an identity in that more mathematical sense, not in the more psychological sense of the term.
Josh_Rossi: that is what i was trying to say, that it is consistent across different channels
Josh_Rossi: the same person who runs mpex also wrote a statement saying that mpoe-pr is authorized to speak on its behalf
mircea_popescu: if that matches, it could be called obama for all you care.
Josh_Rossi: i'm trying to build a ticker now using websockets
Josh_Rossi: so i have to write a web based tech thing in a desktop application language that is not great for it
Josh_Rossi: i found some libraries, but trying to get javascript and c# working together is not fun
gribble: BTCUSD ticker | Best bid: 46.34000, Best ask: 46.39990, Bid-ask spread: 0.05990, Last trade: 46.34000, 24 hour volume: 35159.39827638, 24 hour low: 45.63000, 24 hour high: 47.95000, 24 hour vwap: 46.92297
Josh_Rossi: FabianB: yes, i really like all his books (except Anathem) and think it is amazing how prescient it is
vampireb: huh? c# is easy to integrate with the JS
Josh_Rossi: javascript is not similar to javascript or C# really...
dub: Bowjob: would you mind saving this tanking/rally rubbish every time a trade occur for #bitcoin-otc
Josh_Rossi: and with trying to connect to Socket.IO, you are basically trying to send javascript commands to a server
mircea_popescu: i always tghought js and c# are practically the same thing
dub: Bowjob: so do they, why not share with teh other idiots
vampireb: c# is a better version of java, but the java world is much better. hell i love osx
Bowjob: well what are you gonna do about it
dub: Bowjob: I'll start to dislike you
Josh_Rossi: my roots are more like scripting and stuff, so i love python and dynamic typing
dub: tbh that started when you were crying to us about your parents moving your piano downstairs with teh other pianos
Josh_Rossi: but if i was going to bother with types, i would want to actually compile to the native code
vampireb: in an enterprise enviroment with too many monkey that code, its better to have a strongly typed language
Bowjob: right. i'm still mad about that
dub: of all the ridiculous problems a person could have
Josh_Rossi: yeah, i suppose that is true, i basically do all coding by myself
Josh_Rossi: such a thrill when something works...and the design part can be creative...
Josh_Rossi: feel like you are building something, that many people could find useful
dub: I'm always annoyed to be fixing a problem that should already be solved
Josh_Rossi: hehehe, i usually google for libraries that do what i need
Lyspooner: our 3 homeless newspaper sellers outside the subway are Romanian
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [+]
Josh_Rossi: i guess there is no way to write options on coinbr?
gribble: BTCUSD ticker | Best bid: 46.13000, Best ask: 46.37591, Bid-ask spread: 0.24591, Last trade: 46.37591, 24 hour volume: 35421.00568840, 24 hour low: 45.63000, 24 hour high: 47.95000, 24 hour vwap: 46.91767
Lyspooner: its usefulness is stuck in a tarpit of bias, small sample size and stupidity
Josh_Rossi: money votes a lot more honestly than opinions
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid (1 more message)
assbot: Ah, your hair. Your hair is soft. It's like a girl's. Now how do you get it that way?
assbot: [MPEX:S.MPOE] 1D: 0.00074997 / 0.00074998 / 0.00075 (91316 shares, 68.49 BTC), 7D: 0.00067334 / 0.00074861 / 0.00078628 (10612769 shares, 7,944.90 BTC), 30D: 0.0006153 / 0.00068478 / 0.00078628 (57848323 shares, 39,613.60 BTC)
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid (1 more message)
Josh_Rossi: hmmm think that 41 call is a good price right now on the ask side
Josh_Rossi: well, i just meant in relation to the OIX
Josh_Rossi: could write next month puts at 43 and basically buy this months 43 call
assbot: [BTCTC] [S.MPOE-PT] 47 @ 0.000725 = 0.0341 BTC [+]
Josh_Rossi: too poor for mpex at the moment, but hopefully soon
Josh_Rossi: kinda pissed i didn't get into s.dice at .35
topace_: at 20000 btc profit in a month will do that :p
topace_: but those 17k were worth like, 40% more when converted to fiat
Josh_Rossi: yeah, it is a great stock to own i think
mircea_popescu: i've been spending the past hours looking at various mpex graphs
Josh_Rossi: ok, think later this week i will try some otc purchases
Josh_Rossi: yeah, i like looking at historical data, but i rarely think it predicts the future
Josh_Rossi: well...i mean in btc it is pretty easy to see that it is trending upwards
BitHub: hows the contract stuff going?
Josh_Rossi: hmmm...i only have 1 option contract at 41 sso that is decent
assbot: [BTCTC] [RSM] 1 @ 0.00899 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.00899 BTC [+]
Josh_Rossi: but as far as business stuff i am trying to write drivers to grab market data for a crossing engine
Josh_Rossi: when i am good at neither c# or javascript
assbot: [BTCTC] [RSM] 48 @ 0.009 = 0.432 BTC [+]
BitHub: i'm good at making movies
Josh_Rossi: also, i am having a lot of fun with trying to do different roles to set up a company
Josh_Rossi: looking into gnucash for my accounting stuff
Josh_Rossi: going to try and design the logo (fingers crossed)
Josh_Rossi: has anyone seen a font that includes the double barred B?
gribble: Error: "messageparser" is not a valid command.
gribble: Current Blocks: 225257 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 534 blocks | Next Difficulty In About: 2 days, 23 hours, 12 minutes, and 0 seconds | Next Difficulty Estimate: 4880505.1893 | Estimated Percent Change: 11.73635
BitHub: yeah watched a bit of it, pretty good
assbot: [HAVELOCK] [SDICE] 1 @ 0.61199999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.612 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.6149999 = 3.075 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.7 = 2.8 BTC [+]
gribble: Error: The "MessageParser" plugin is loaded, but there is no command named "
http://dpaste.com/1018705/" in it. Try "list MessageParser" to see the commands in the "MessageParser" plugin.
the-bucket-shop: my key stopped working. not sure how to use the right one. sorry for the noise everyone.
kakobrekla: check you are signing with the right one
mircea_popescu: the-bucket-shop make sure you're using the right mpex key
assbot: [MPEX] [S.DICE] 250 @ 0.0059998 = 1.5 BTC [-]
mircea_popescu: it switched on the 10th. this was announced like last month. do you have it ?
the-bucket-shop: I did nothing to update a key. must have ignored the announcement.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1999 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 130 @ 0.000726 = 0.0944 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.005884 / 0.00594579 / 0.006 (30568 shares, 181.75 BTC), 7D: 0.00300001 / 0.005599 / 0.006225 (409396 shares, 2,292.21 BTC), 30D: 0.00300001 / 0.00616121 / 0.0069 (3629525 shares, 22,362.28 BTC)
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
Bugpowder: I totally forgot how to manually sign and encrypt the orders
the-bucket-shop: I've got a working STAT, but I'd like to get rid of this message before sending money There is no assurance this key belongs to the named user
gribble: BTCUSD ticker | Best bid: 45.62989, Best ask: 45.79000, Bid-ask spread: 0.16011, Last trade: 45.79000, 24 hour volume: 36079.61301029, 24 hour low: 45.51000, 24 hour high: 47.95000, 24 hour vwap: 46.85896
assbot: [HAVELOCK] [SDICE] 9 @ 0.61887999 = 5.5699 BTC [+]
assbot: [HAVELOCK] [SDICE] 21 @ 0.61887999 = 12.9965 BTC [+]
assbot: [HAVELOCK] [SDICE] 9 @ 0.6188888 = 5.57 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.61899899 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.618999 = 1.238 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.619 = 1.238 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.619 = 3.095 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.6199991 = 3.72 BTC [+]
Bugpowder: gotta prep for job talk. Peace out. See yall in a few days.
Bugpowder: make S.DICE hit .0065 while i'm gone please
pizzaman1337: bets are still active and working though, it appears
dub: at least its showing the same market reaction as mpex, site down price up
the-bucket-shop: seems there's a need for a distributed list of addresses. wikileaks style. not sure how to prevent fraud on that though
pizzaman1337: the addresses are built into blockchain.info's wallet
the-bucket-shop: anyone care to make that known on bitcointalk.org, or is this my responsibility? I haven't seen satoshidice at the top of the agenda over there for at least 12 hours.
the-bucket-shop: my friend, fancy_pants is going to ham it up sky is falling where are the bitcoin police. hopefully someone will correct any inaccuracies.
pizzaman1337: I wonder if it's getting DDoS'd by the same people/person who are/is attacking mpex
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
error4733: but like say above, the script is ok ! pp play atm
smickles: er, "JurovP(" and ends with a ")", that's not json :P
smickles: oh, and there's a semi-colon at the end too @.@
mircea_popescu: there's two files. one's made like a function for some browsingreason
smickles: mircea_popescu: i'm coding a nice looking gui client for mpex and plan on selling it for 1 btc
smickles: it'll be for linux, win, mac, and android
the-bucket-shop: that ruby thing doesn't compile on my mac or hacked iPhone.
smickles: the-bucket-shop: FabianB's ruby thing?
smickles: both mpex-mktdepth.php / mpex-mktdepth-jsonp.php have that JurovP bit at the beginning
smickles: mircea_popescu: thru the coinbr proxy or directly?
smickles: i dunno, but i'd hate to code in something to handle that, then when the main site comes back online it fucks stuff up
mircea_popescu: this is so weird, because vwap does not show the same behaviour
mircea_popescu: and it's just a proxy, wtf, it randomly changes ONE url ?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
pizzaman1337: when you update the .php on mpex's servers does it need to be manually updated on proxies?
mircea_popescu: pizzaman1337 a. the file;s never been updated in montsh (really, since jurov wanted the procedure thing)
pizzaman1337: it would be cool if you could distribute something for people to setup their own proxies
assbot: [BTCTC] [COGNITIVE] 2 @ 0.1999 = 0.3998 BTC [+]
assbot: [BTCTC] [RSM] 9 @ 0.009 = 0.081 BTC [+]
assbot: [MPEX] [S.MPOE] 65000 @ 0.00075 = 48.75 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 7 @ 0.000726 = 0.0051 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.005884 / 0.00594579 / 0.006 (30568 shares, 181.75 BTC), 7D: 0.00300001 / 0.005599 / 0.006225 (409396 shares, 2,292.21 BTC), 30D: 0.00300001 / 0.00616121 / 0.0069 (3629525 shares, 22,362.28 BTC)
assbot: [MPEX] [S.DICE] 108 @ 0.0059998 = 0.648 BTC [-]
mircea_popescu: thanks for the offer, but vps couldn't really take it.
vampireb: you probably should extend the irc bot to show depth
vampireb: i dont really need to go there
assbot: [HAVELOCK] [SDICE] 2 @ 0.592 = 1.184 BTC [-]
assbot: [HAVELOCK] [SDICE] 15 @ 0.59100005 = 8.865 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.59100001 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.591 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.59 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.59 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.5850001 = 5.265 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.585 = 2.925 BTC [-]
assbot: [HAVELOCK] [SDICE] 35 @ 0.581 = 20.335 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.581 = 2.324 BTC [-]
vampireb: chromebooks are awesome, except can't remap keys. which makes using irssi a challenge
gribble: Current Blocks: 225274 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 517 blocks | Next Difficulty In About: 2 days, 19 hours, 4 minutes, and 12 seconds | Next Difficulty Estimate: 4893908.51557 | Estimated Percent Change: 12.04321
vampireb: by the time i;ll get my asic from brl the diff will be at 10mil
vampireb: the hot one, jalapeno. ~160 is pocket change
dub: the only thing for sure with bfl is that there will be eleventy threads created about them today
kakobrekla: i read that 'yu'e getting an ascii from bfl ?'
vampireb: i dont follow "hardware" topics
vampireb: i just needed a coffee cup warmer, i hopefully they can deliver that at least
kakobrekla: i had a glass made specifically for it
BitHub: can i buy something right now they'll at least make me 1btc a day, even when all the avalons come or whatever i can still mine 1btc a day?
vampireb: the mining diffuculty will go up
dub: you could buy a 1btc/day mining contract
dub: sure, I'll sell you one for 60btc/month
BitHub: done send me all your details
BitHub: anyone want any asicminer shares? i want out
dub: has dice commented on the downtime?
BitHub: it was okey just want to do something myself or mine some coins myself or something
vampireb: so ddos shouldnt be as effective :)
BitHub: waiting for something new to put my coins into
vampireb: it can be done, no denying that.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01989 BTC [+]
gribble: BTCUSD ticker | Best bid: 45.71717, Best ask: 45.90000, Bid-ask spread: 0.18283, Last trade: 45.90000, 24 hour volume: 36180.55424484, 24 hour low: 45.47100, 24 hour high: 47.95000, 24 hour vwap: 46.81412
benkay: was the mpex bot not spitting back at dpaste just recently?
dub: at first glance its says bitches
assbot: [HAVELOCK] [SDICE] 1 @ 0.59 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.74 BTC [-]
benkay: y u no give me plain json?
benkay: with this freepaste services
benkay: parse all the things...
Josh_Rossi: well it was mostly for the login page on the google apps website
Josh_Rossi: so it wouldn't need to have google logo
Josh_Rossi: which was limited to 159x43 px or something like that
Josh_Rossi: Eventually it should be an investment vehicle
Josh_Rossi: ie. you can get shares in your brokerage account, and basically track the broad based bitcoin economy
Josh_Rossi: till then, just having fun trying to build things
Josh_Rossi: have a few projects, but I figured I would need a site, and all the other stuff eventually and that was the best domain name i could find
BitHub: i'm selling digicreds.com if you're intrested
Josh_Rossi: i got btcshares, btc-etf, and one other one
gribble: BTCUSD ticker | Best bid: 46.00000, Best ask: 46.22987, Bid-ask spread: 0.22987, Last trade: 46.22887, 24 hour volume: 33473.44140151, 24 hour low: 45.47100, 24 hour high: 47.95000, 24 hour vwap: 46.74346
kakobrekla: i have bitcoin-assets.com and it has ass so beat that.
assbot: [MPEX:S.DICE] 1D: 0.005884 / 0.00594598 / 0.006 (30676 shares, 182.40 BTC), 7D: 0.00300001 / 0.0055991 / 0.006225 (409504 shares, 2,292.86 BTC), 30D: 0.00300001 / 0.00616274 / 0.0069 (3619271 shares, 22,304.65 BTC)
BitHub: i think i found the right music for a bitcoin type action film
BitHub: hehe checking them out
BitHub: that's definitly the soundtrack to the mircea character
dub: please tell me you've seen that before
dub: if not, you've failed at internet
BitHub: that's because i win at real life
BitHub: hah yeah this one i've seen
BitHub: seems like more of a 4chan theme
dub: 4chan is a much more serious and useful site than bitcointalk
BitHub: i'm not working on a bitcoin film heh but i am intrested in making some bitcoin commercials
BitHub: hah error heard that one
assbot: [MPEX] [S.DICE] 250 @ 0.0059998 = 1.5 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.2 BTC [-]
mpexbot: smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information.
mpexbot: smickles: {u'S': [[100000, 10000], [75000, 244641], [77988, 1399], [78500, 500000], [78000, 500000], [76718, 17454], [100000000, 10000], [78984, 23163], [79000, 450000], [1000000, 2000], [10000000, 2000], [77999, 54540], [1000000, 100000]], u'B': [[53500, 168150], [101, 10000000], [55000, 340602], [100, 10000000], [38150, 14391957], [55500, 150000], [40000, 150000], [55501, 500], [38151, 5000], (1 more message)
mpexbot: benkay: {u'S': [[100000, 10000], [75000, 244641], [77988, 1399], [78500, 500000], [78000, 500000], [76718, 17454], [100000000, 10000], [78984, 23163], [79000, 450000], [1000000, 2000], [10000000, 2000], [77999, 54540], [1000000, 100000]], u'B': [[53500, 168150], [101, 10000000], [55000, 340602], [100, 10000000], [38150, 14391957], [55500, 150000], [40000, 150000], [55501, 500], [38151, 5000], (1 more message)
benkay: implying there's a max message size on this irc network?
benkay: this is getting annoying.
smickles: mircea_popescu: it's spammy now b/c it's just the primitive. I plan to do exactly what you say, a range around the center. for now, peeps should just use it in pm
smickles: benkay: can I make it better somehow?
smickles: benkay: an mpex gui which i'm developing
smickles: should work on linux, win, mac, and android
smickles: each of those platforms has all the dependancies it requires
smickles: not to mention i don't have a mac, and you need xcode to make an ios app
dub: that and nobody uses iphone
dub: barrign fanboys and homosexuals
smickles: you could sa the same about windows
benkay: there's this one market i'm interested in
benkay: lots of disposable income
benkay: sold on ui investments
benkay: enlightened commentary
assbot: [BTCTC] [B.YABMC] 1 @ 0.01301 BTC [-]
MJR_: I finally got pgp working on the iPhone
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
benkay: bigotry aside, i'd actually like the full json in this irc channel
smickles: wow, I thought you addy was 1Loki for a sec there
dub: im a dink and she's only got one cause its work provided
pigeons: dont talk to him, we dont need his kind here, fuckin macs
assbot: [BTCTC] [B.YABMC] 1 @ 0.013 BTC [-]
MJR_: I know, it was a close one
MJR_: I kinda want a vanity address
benkay: i just don't really like the tiny little bit of fragility that parsing that url introduces
dub: you can't be a dink with a baby
benkay: it's not a big deal though because i think i'm going to cache the ticker
smickles: benkay: would you prefer the raw pastebin?
benkay: a url pointing directly to raw makes me much more the happy
mircea_popescu: obviously you shoudl code proxy-aware and bot-aware, but for a begining this should bridge you i think
benkay: i'm going to go ragedelete a whole branch
benkay: jokes, 90% of it's reusable.
Ukto: wonder how long it will be till someone ddos' coinbr
Ukto: i'm sure bitvps will love that :P
dub: presumably he moved off shitvps
mircea_popescu: they got their dinky little dc blown to bits, jurov moved
Ukto: mircea_popescu: sorry, i spend my days working. :P
benkay: mircea_popescu: what data feeds do you recommend for production sites hooking into mpex?
mircea_popescu: benkay my name is going to become "what are you trying to do"
Ukto: mircea_popescu: i am offering a new service
Ukto: or considering making it available
Ukto: that would be very good for this kinda thing
Ukto: pm me if your interested
Ukto: since its not public yet
benkay: except that now i know about the coinbr data feed
benkay: and that doesn't change urls every 2 minutes
smickles: heh, it's much the same data, no worries :)
smickles: the bot is mostly a backup anyway
benkay: it's great that you're open to suggestions like that
benkay: fast turnaround on something i didn't even ask for
assbot: [MPEX] [O.BTCUSD.P250N] 15 @ 0.07613082 = 1.142 BTC
benkay: low bar for kindness in these parts
MJR_: was a test...crashed my app
smickles: heh, have you seen some of the trolls around bitcoin. I should take it as kind that you haven't called me an incestuous pole vaulter or smt
MJR_: but you should be able to decrypt
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.35007 BTC [+]
assbot: [BTCTC] [ESECURITYSABTC] 4 @ 0.35 = 1.4 BTC [-]
MJR_: the message was too long?
MJR_: should have pasted to dpaste
benkay: i've seen what constitutes ye olde online community
MJR_: mircea_popescu: could you decrypt it?
MJR_: ah, you didn't get the whole thing then?
benkay: arguably the only thing i
benkay: i've ever learned about irc is to just rise above it
benkay: no matter what "it" is
assbot: [HAVELOCK] [HIM] 1 @ 1.7 BTC [-]
gribble: User 'smickles', with keyid EA62D7CEB2450C3F, fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6, registered on Mon Jun 20 12:24:35 2011.
http://bitcoin-otc.com/viewgpg.php?nick=smickles . Currently authenticated from hostmask smickles!~smickles@67.222.146.32 .
assbot: [HAVELOCK] [HIM] 1 @ 1.69 BTC [-]
assbot: [HAVELOCK:SDICE] 1D: 0.58100000 / 0.59986625 / 0.61999910 (296 shares, 177.56040896 BTC), 7D: 0.37000000 / 0.51862844 / 0.62950000 (1570 shares, 814.24665115 BTC), 30D: 0.37000000 / 0.63440004 / 0.76500000 (5705 shares, 3619.25223897 BTC)
assbot: [MPEX:S.DICE] 1D: 0.005884 / 0.00594641 / 0.006 (30926 shares, 183.90 BTC), 7D: 0.00300001 / 0.00559971 / 0.006225 (408254 shares, 2,286.11 BTC), 30D: 0.00300001 / 0.00616299 / 0.0069 (3616799 shares, 22,290.33 BTC)
MJR_: mircea_popescu: that should work
assbot: [HAVELOCK:HIM] 1D: 1.69000000 / 1.72102475 / 1.75000000 (24 shares, 41.30459400 BTC), 7D: 1.40001001 / 1.56164063 / 1.75000000 (149 shares, 232.68445435 BTC), 30D: 1.40000000 / 3.13202977 / 18.00000000 (247 shares, 773.61135435 BTC)
MJR_: nice! encryption on the iPhone :)
MJR_: I would like to create a text message app that would auto encrypt texts, and allow the other side to decrypt easily
assbot: [BTCTC] [B.YABMC] 1 @ 0.01989 BTC [+]
MJR_: figure the key exchange maps to "friend request"
BitHub: do this for bitcoin plz :)
gribble: User 'mircea_popescu', with keyid 8A736F0E2FB7B452, fingerprint 6160E1CAC8A3C52966FD76998A736F0E2FB7B452, and bitcoin address None, registered on Fri Jul 22 05:39:10 2011.
http://bitcoin-otc.com/viewgpg.php?nick=mircea_popescu . Currently authenticated from hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu .
assbot: [BTCTC] [B.YABMC] 3 @ 0.01989 = 0.0597 BTC [+]
MJR_: I've always thought someone should make a social network/im that is totally encrypted, so no one but your "friends" can even possibly see your content
MJR_: like not even the host knows what you are posting
the-bucket-shop: badly needed until you ask for money. then suddenly in the clear is just fine. except for day trading of course
MJR_: im just an ADHD person
MJR_: silent circle looks interesting
BitHub: and being able to catgorize posts
BitHub: fb timeline is so shit
BitHub: i want to click on youtube and see all the youtube links i've posted
MJR_: and they mine your data
BitHub: and intergrate it with bitcoin
BitHub: so can have social media payments
MJR_: yeah that would be awesome
MJR_: I actually think that there can be a role for banks as service providers
assbot: [BTCTC] [GSDPT] 1 @ 0.00544 BTC [-]
MJR_: as opposed to lenders/crooks
MJR_: well...in bitcoin land it actually makes sense
assbot: [BTCTC] [GSDPT] 1 @ 0.00544 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.344 BTC [-]
MJR_: I think one problem is that of convenience...and they can handle recurring payments etc.
BitHub: i'd like to see like a youtube clone where you can pay for a stream or HQ dl via bitcoin or tipstream
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [+]
BitHub: i'm working on something
assbot: [BTCTC] [COGNITIVE] 2 @ 0.1999 = 0.3998 BTC [+]
[\\\]: hey mircea_popescu
BitHub: well i want to make a movie and as an experiment see if maybe it plays for 5mins or something and then'll it'll stop and ask for like some btc to watch the rest of the stream or you can dl my video with a quick bitcoin payment
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.0057 = 0.0114 BTC [-]
[\\\]: tap your bish on the head for me
MJR_: I meant for people who know how to check email
[\\\]: I lol'd for that one
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.000726 = 0.0015 BTC [+]
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.4 BTC [+]
MJR_: im really curious if someone will try a fractional reserve banking thing with bitcoins
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.18997 BTC [+]
MJR_: oh yeah true...though I thought the coupons were based on their cash
MJR_: also I heard they had to stop that
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.345 = 0.69 BTC [+]
mircea_popescu: it's not really proven or anything. more like konspiraci theory
MJR_: well, I guess it could be done aboveboard...more like CD's than demand deposits
mircea_popescu: MJR_ nobody will wait for the bitcoin payment to clear to watch their movie.
MJR_: well that was BitHub
MJR_: but also with micropayments I doubt you will wait
BitHub: do you mean because of the confirm?
MJR_: also, 6 confirms is arbitrary...really comes down to your levels of trust
mircea_popescu: i had txs waited for 6 hours just to be included two days ago
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.4 BTC [+]
BitHub: try sitting at cafe for 6hours
BitHub: run out of shit to talk about after 2
mircea_popescu: and i have old coinbases and etc. average joe with smallish inputs... ouch.
BitHub: i never want to see that person again
MJR_: the Jon Stewart vs Bill O'Reilly was like that, $5 to watch
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
MJR_: Im so glad you didn't mean bill O'Reilly
assbot: [BTCTC] [MININGCO.ETF] 1 @ 0.5789 BTC [+]
MJR_: the forum is boring
mircea_popescu: MJR_ im all backed up here lol, get prepared cause when it goes back online it'll rain articles
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1999 BTC [+]
MJR_: his office is 7 blocks from mine
MJR_: I wish I knew the overlap between iPhone jailbreakers and bitcoins
mircea_popescu: MJR_ there was some dude jailbreaking anything in the forum,
MJR_: for example, cydia doesn't let you pay with btc
MJR_: which to me seems obvious
pizzaman1337: MJR_: I asked saurik about that once, let me see if I can find his response
MJR_: I've never bought one thing there
MJR_: cuz too much hassle and don't want my cc info floating around
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.19879 BTC [+]
MJR_: another obvious one
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
MJR_: they seem sorry that they can only accept cc and Paypal
MJR_: on their donation page
MJR_: I was going to get a cloak
MJR_: pizzaman1337: lol taxes
MJR_: what chan are they usually on?
pizzaman1337: if he needed to convert it to fiat to payout devs, it might not be unavoidable
dub: MJR_: just ask in #freenode
MJR_: pizzaman1337: sucks
MJR_: also, anonymous...also seems like an obvious fit
MJR_: and perhaps they are using it
MJR_: they are after all anonymous
MJR_: but you would think they would be more vocal as they hate banks etc
assbot: [HAVELOCK] [SDICE] 10 @ 0.583 = 5.83 BTC [-]
BitHub: did mircea pay his taxes this year?
MJR_: the hacktivist group
assbot: [BTCTC] [GSDPT] 2 @ 0.005425 = 0.0109 BTC [-]
dub: there is no hacktavist group
dub: there is thousands of retarded children with a handfull of hackers hiding behind them
☟︎ MJR_: the people who "hack" and refer to themselves as "Anonymous"
assbot: [HAVELOCK] [SDICE] 1 @ 0.5810005 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.5810003 = 5.81 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.581 = 5.81 BTC [-]
dub: the rest are just hitting f5
MJR_: was not referring to their skill
MJR_: but rather their inferred ideals
dub: it requires at least as much skill to use bitcoins as breath through ones nose
dub: which excludes anyone that refers to themself as anon
MJR_: dub: wait, not sure if you mean it's easy or hard
dub: its harder than hitting f5
BitHub: even for people who aren't totally noob at internet
MJR_: but I think it's relatively easy
MJR_: the hardest part is getting btc
BitHub: that is getting harder
MJR_: and that is only hard because of lame banks and difficulty of moving money
BitHub: sorry i mean it is hard at first
assbot: [HAVELOCK] [SDICE] 3 @ 0.580001 = 1.74 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.571 = 1.713 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.570001 = 1.71 BTC [-]
MJR_: once you have some it is simple
assbot: [BTCTC] [ASICMINER-PT] 23 @ 0.7 = 16.1 BTC [+]
MJR_: tell me the tipbot on Reddit is hard
BitHub: i only go to the bitcoin subredit
MJR_: hahaha, maybe hard to set up if you want to donate
MJR_: but I think for people receiving it, it's easy
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.719999 = 7.2 BTC [+]
MJR_: it creates a wallet for you
BitHub: i'm just over learning new shit all the time
jurov: there's special config for it cause by default things are cached 15 mins
jurov: and i left jsonp part there
smickles: mircea_popescu: give $proxies a go
mircea_popescu: jurov ; this is intended to function as a permanent and maintained proxy list
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.72 = 1.44 BTC [+]
mircea_popescu: so that everyone can write code referencing here and always be online.
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
BitHub: how come no mpex room?
dub: really its a ddos c&c
jurov: seems like everyone else is too afraid to get listed?
mircea_popescu: jurov you get the standing ovation of being the only one there for a bit :D
mircea_popescu: but anyway, anyone writing code for mpex interfacing, bear the list in mind.
smickles: mircea_popescu and myself can add to the list with $proxies <pastebin paste key to a signed json array of proxies>
mircea_popescu: the end scenario here is that the internet ends but mpex survives by now.
smickles: let me pull out my 8000 baud modem
smickles: the-bucket-shop: no, next step, global meshnet
MJR_: smickles: that would be awesome
dub: someone was talking about a bitcoin over ham radio protocol a while bac
smickles: with nodes receiving their due in bitcoin for opperating
dub: but a network of phone numbers with modems would be really easy
MJR_: but I think at least in urban areas
MJR_: wifi will work best
jurov: don't forget to throw some fax numbers in the mix
smickles: multi-frequency mesnet. hams could jump the long distances, wifi for cities
smickles: ham > 250 or w/o line of site < 250
the-bucket-shop: i was sitting on sidelines for mpoe shares until I watched you guys knock this thing up. I'm a shareholder now because of it…
MJR_: bandwidth is no problem
dub: dialup nodes should already be there tbh
MJR_: the-bucket-shop: welcome :)
dub: costs nothing but a phone number
dub: much more resilient than internet and most radio
MJR_: well...relies on existing infrastructure under others control
mircea_popescu: actually the plan was to have tcp/ip reimpremented over pigeons
☟︎ dub: no different to anything else
dub: and pstn still stays up well after teh lights go out (mostly)
smickles: see, that's why meshnet is awesome, you contribute what you have, even if it is just a pigeon
MJR_: well a community could implement a wireless mesh network under their control
smickles: it all falls down to power tho
dub: MJR_: thats other peoples infrastructure too
smickles: they can stop shipments of gas
MJR_: I meant AT&T not your neighbor
jurov: let us bouce teh orderz from ionosphere
dub: only ham works in that case
smickles: solar and wind power would be easily spotted,dissappeared
MJR_: bitcoin in a walking dead type world
smickles: we're just fucked. lets stop now
dub: walking dead world only takes a few years to resolve though
smickles: mircea_popescu: what's the scribbles mean on that?
dub: theres what 400k people in america?
BitHub: is that who did the ddos?
dub: probably at least that many bullets in your avg small town
MJR_: dub: 400k in America?
pizzaman1337: google translate says "It turned out that the Chinese people do ah! Mailboxes are"
smickles: most people with guy fawkes masks want to overthrow the gov't and replace it w/ a theocracy. just like guy fawkes, right?
MJR_: smickles: not that I know of
MJR_: dub: there u go lol, I was confused
dub: still, not that many zombies to clean up
smickles: MJR_: so why do they wear guy fawkes masks?
dub: smickles: because they want to hit f5
BitHub: betsotbitcoin who ddos mpex?
dub: that scientology raid has a lot to answer for
dub: there is no mask wearing legion
MJR_: anti-cyber-surveillance;
MJR_: they apparently want to fight against banks, religions that are mean, and govt spying
MJR_: but there was some overlap
MJR_: anti-cyber-surveillance;
pizzaman1337: I'm assuming the options with ids ending in "T" are "this month" and "N" are "next month"?
pizzaman1337: it might be a good idea to put that in the FAQ, didn't see it there
dub: fighting against govt spying is just trolling
smickles: i loved it when some guy said that the options' ids were needlessly complicated and incomprehensible... i pointed out an option on google. i won.
dub: govt has been looking at everything for a long time
dub: that cow is out the gate
smickles: dub: cow tipping is a prized sport where i come from
dub: THATs why the right to bear arms is so important
dub: you need arms to tip a cow
dub: how are you going to open the gate?
MJR_: lol, I don't understand the logic in maintaining a "right" from the people you need that right to protect yourself from
[\\\]: Cow gates aren't complicated.
MJR_: govt. give me the right to have a gun, so that I can stop you from taking my gun?
[\\\]: Its not like they've got combo dials
dub: MJR_: neither, its like but you elected them?
smickles: MJR_: well, it started out from the perspective that gov't should be subserviant (sp?) to individuals
MJR_: to me, it is seeming like gives are increasingly less relevant
smickles: the right doesn't come from the gov't
assbot: [HAVELOCK] [SDICE] 1 @ 0.57 BTC [-]
MJR_: point being, what they choose to do doesn't matter
MJR_: only brought up govt bc most people in murica refer to the 2nd amendment
dub: [\\\]: you've got to lift the little springy bit holding the chain latching teh gate shut
smickles: MJR_: thing is, the 2nd amendment doesn't prevent them from taking the guns, it just prevents them from making a law to prohibit gun ownership
MJR_: if you trust them to follow rules...
mircea_popescu: A dollar spent mining bitcoins in 2010 now worth $53K.
gribble: BTCUSD ticker | Best bid: 46.72010, Best ask: 46.98800, Bid-ask spread: 0.26790, Last trade: 46.98898, 24 hour volume: 30169.98410034, 24 hour low: 45.47100, 24 hour high: 47.70000, 24 hour vwap: 46.51254
the-bucket-shop: 2nd amendment protects encryption too - as well as probably bitcoin
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.72 = 2.16 BTC [+]
gribble: #13941 Sun Mar 10 09:58:52 2013 smickles SELL 20.0 btc @ 49.82 usd (None)
MJR_: they stopped classifying encryption as a munition
MJR_: I posted a link to that xkcd
smickles: i've got a copy of the original pgp source code somewhere
smickles: printed when that whole debacle was going on
smickles: people are great, gov't is liek: it's illegal to distribute that code!! peeps are like: let's print it in a book and send it everywhere!!!!
mircea_popescu: kakobrekla so intrade is shut down. where's all the experts advising bitbet should be more like intrade ?
smickles: a good copy of that book is worth upwards of 100 usd now iirc
mircea_popescu: that's what i want to know. for all the posturing and pretense when they're wrong but don't know it yet,
mircea_popescu: where's the humility and apologetics when it's proven they were in fact wrong ?
smickles: mircea_popescu: not likely, imsa is quite a good troll
[\\\]: I made no comments about intrade or bitbet
mircea_popescu: there was this one guy, jesus, i even blogged about him
[\\\]: but I can be humble and apologetic.
[\\\]: mircea_popescu: you're blogging about jesus?
[\\\]: is that bible 2.0?
smickles: wait, bitcoin jesus was an actual topic?
mircea_popescu: nono, this guy explaining to me the virtues of intradelineness
smickles: not just a joke the other day?
[\\\]: but that isn't clear from your text
[\\\]: your girl would rip you on it.
MJR_: not to confuse but I think bitcoin Jesus was def a topic
[\\\]: is that why she wears a strapon?
[\\\]: you're a kinky fellow
[\\\]: smickles, its well after bedtime. I claim no credit for my antics.
bitfoo: +1 for informative titles
[\\\]: who is max keiser?
smickles: [\\\]: beer 4 here, any neat stuff i say is lucky
[\\\]: did anyone see the tweet from the old, self proclaimed bitcoin jesus?
MJR_: that's when bitcoin Jesus came up
mircea_popescu: Timothy Maxwell "Max" Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT.
MJR_: I like that chick from RT
[\\\]: smickles, I knew what you meant. You're well paste neat, trending towards sloppy.
mircea_popescu: [\\\] he';s not sloppy, shampoo is just very expensive where he lives.
[\\\]: Whatever happened to all of the different bitcoin vblogs?
[\\\]: There used to be all of these different 'shows'
MJR_: avoid the keiser report
[\\\]: back when coins were like 'free'
smickles: lol, mircea_popescu my wife just told me to wash my hair too
[\\\]: smickles, I'm pretty certain she was talking about your ass.
MJR_: I think there is a conspiracy going on to change the spelling to konspiraci
assbot: [BTCTC] [S.MPOE-PT] 14 @ 0.000726 = 0.0102 BTC [+]
[\\\]: smickles, what is that?
jurov: [\\\] drunk reddit alien
smickles: [\\\]: it's the i dunno lol dog with one arm backwards
[\\\]: it was blending with Rick__
[\\\]: confusing the look
Rick__: I cant open this website
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1999 BTC [+]
Rick__: did you put the new key in the faq?
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
smickles: that's like not being able to go to Rick__.isgay.com back in the 90's
jurov: Rick__ and mpex.coinbr.com works or it was harmonized, too?
jurov: yea, that's official term
[\\\]: they got ride of the wildcard cna
[\\\]: it was always fun to point people to meatspin
[\\\]: but the wildcard is gone, so it doesn't work now
smickles: it's hard enough to find goatse, even, anymore
MJR_: I was talking about mpex.coinbr
Rick__: did you put the new key in the faq?
gribble: Nick 'mircea_popescu', with hostmask 'mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu', is identified as user mircea_popescu, with GPG key id 8A736F0E2FB7B452, key fingerprint 6160E1CAC8A3C52966FD76998A736F0E2FB7B452, and bitcoin address None
mircea_popescu: Rick__ i'll be doing the updates of that nature once we get stuff back online and runnign smoothly
MJR_: Ltc hit .40 should have waited a few hours to dump lol
jurov: MJR_: don't worry over it, prolly will crash soon
MJR_: I only am mining it because I have 28 cores doing nothing
MJR_: and I can't get cash to btc-e otherwise
jurov: i guess it will crash while i'll be waiting for litecoind to sync. i have such luck
MJR_: that's where my deposit came from today jurov :)
MJR_: by the way, im not sure what you guys use, but im loving gnucash
MJR_: and if it's at all possible to generate ofx files it would be awesome!
smickles: so if you anticipated the rise, amazon cloud mining would've been very profitable
smickles: may 15 2011, was when that howto was posted
BitHub: can i pay miner fees in ltc instead?
smickles: miner fees? like bitcoin tx fees?
smickles: jesus fuck, bitcoin was under 6 usd on may 11 2011. leveraging amazon cloud would made bank
smickles: then you still had that whole fall to 2
smickles: "Congratulations! You've just discovered a ceiling above which price of bitcoin will never rise (at current difficulty). 20/0.38 = 52.63 USD/BTC."
MJR_: wtf? tesla only gets 80mh/s
MJR_: my fpga project is coming along
MJR_: hmm. think getting a ticker price on Bloomberg is possible
assbot: [HAVELOCK] [HIM] 1 @ 1.74 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.48 BTC [+]
mpexbot: smickles: depth, post, proxies, and vwap
mpexbot: smickles: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
Franktank: Anyone selling ASICMiner shares at 0.6/share?
assbot: [BTCT:ASICMINER-PT] 1D: 0.65 / 0.70633 / 0.79899 (146 shares, 103.1 BTC), 7D: 0.65 / 0.68884 / 1 (1322 shares, 910.6 BTC), 30D: 0.65 / 0.68884 / 1 (1322 shares, 910.6 BTC)
smickles: kakobrekla: what do you think about putting !help and $list SupyMPEx in the topic?
mircea_popescu: asicminer-pt is the btct.co listed passthrough for asicminer.
MJR_: mircea_popescu: what was the bond interest rate last month?
Franktank: Why has it dropped? It's current the best stock right now, isn't it?
mircea_popescu: not in any estimation i'm familiar with. what do you mean "best" ?
MJR_: just want to diversify this month, we'll see
mircea_popescu: he's been on some interview, and every 5 minutes, "hey, did i mention i'm a bitcoin millionaire ?"
assbot: [HAVELOCK] [KCIM] 1 @ 1.48 BTC [+]
Franktank: Well what is considered better than ASICMiner in your opinion?
MJR_: is this to be our rockefellers and Astors?
MJR_: Franktank: it really only depends on what you have to pay
Franktank: Dividend payout, increased resale value, etc
mircea_popescu: by historical resale value s.mpoe, indubitably. it opened like 2.9k satoshi, now trading 75s
mircea_popescu: by dividend payout s.dice, it paid out something like 68k btc so far
mircea_popescu: course s.bbet also saw some crazy appreciation but most of it happened on ipo day
smickles: mircea_popescu: do you recall what was in that bag?
smickles: I had it down for a bag full of chocolate
smickles: not that there's anything wrong with that
ZedsterX: depends on your outlook i guess
ZedsterX: so if i have no pix of me being 48 i am not 48?
smickles: if you really want something done, you have to admit it's a purse
jurov: lol, tim ferriss calls such a "man bag". quite a fag there.
smickles: tim ferris? that well off dude who writes books?
jurov: yes. in 5 hour body he admitted to carrying a protable weights in his man bag
jurov: to weight his poop
jurov: i'm not making this up
jurov: okay let's get back to choco bonbons
smickles: come to think of it, oral retention, anal retention. BY YOUR POWERS COMBINE!
gribble: BTCUSD ticker | Best bid: 47.55100, Best ask: 47.94000, Bid-ask spread: 0.38900, Last trade: 47.55000, 24 hour volume: 35518.49297168, 24 hour low: 45.47100, 24 hour high: 47.95000, 24 hour vwap: 46.68101
mod6: one more try here ;)
mircea_popescu: smickles it'd surprise me if they actually had 1/3 of exchange mkt atm.
smickles: iknow iknow, but this is what's easily reported
mircea_popescu: i think i'm going to end up feeding my options with a usd fixing price
smickles: daily meeting sorta-kinda seem like they might be your thing
jurov: lmao totally should have foreseen that... btcusd being officially quoted by mpex
assbot: [MPEX] [S.MPOE] 244641 @ 0.00075 = 183.4808 BTC [+]
assbot: [MPEX] [S.MPOE] 5359 @ 0.00076718 = 4.1113 BTC [+]
mod6: well, it works better kinda, takes direct messages... but it blew up on the second message.
smickles: like you maybe-might be in the position to have the time for them and beyond that your bouyant bayance by speech is not much matched here ;)
jurov: mircea_popescu perhaps not fully in this situation
mircea_popescu: ok, it's like this. suppose the three main dealers are A, B and C.
mircea_popescu: a, b and c go through their books, see what customers want, see what they want on their own account
mircea_popescu: then they say. a buys 50k usd. b sells 25k usd. c sells 70k usd.
jurov: ah that kind of meeting you mean
mod6: think i just need to add some sleep time....
mircea_popescu: this process is called fixing, it's widely used to obtain a price.
smickles: you get that going and you'll have all the fun
smickles: i think fun occurs most in the regression. the mean is just incidental
jurov: heh i first understood "mean" as in the other meaning
smickles: yeah, english is fucked that way
smickles: wtf? past historic first singular: bayai
smickles: how the fuck is that a word!!?!?!
smickles: oh, i'm on the wrong wikipedia
smickles: there's a lot of french here which i didn't notice
mod6: im talkin to da mpex bot via private message
assbot: [HAVELOCK] [HIM] 2 @ 1.46 = 2.92 BTC [-]
mod6: at least thats working ok lol
mod6: got the depth back and output is good, now to see if I can successfully get another request
assbot: [HAVELOCK] [SDICE] 1 @ 0.5451 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.12 BTC [-]
mod6: so it seems like it gets the first request and weather, vwap or depth, works great.
mod6: but on the second request i only seem to get a <title>Pastebin.com Unknown Paste ID</title>
mod6: maybe one just needs to wait a bit between requests?
mod6: ok one more try... its already way less shitty than yesterday
jurov: what is the record?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.719999 BTC [-]
mod6: first command worked good
mod6: gonna wait before i issue next command
mod6: ok lets try second one?
mod6: gonna check this in quick
mod6: i'll still add more stuff, like it checking stuff out with gribble... so thats still coming yet
mod6: anyway, have a good one :]
dub: jurov: was over ten minutes a couple days ago
jurov: 2000 seconds is more than 10 min
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: How can I be of assistance, my poor man?
assbot: Um, shouldn't you be with your own tribe or somethin'?
assbot: Yeah. No damn tobacco, that's for sure.
assbot: [MPEX:S.DICE] 1D: 0.005884 / 0.00594744 / 0.006 (30426 shares, 180.96 BTC), 7D: 0.00300001 / 0.00560095 / 0.006225 (403237 shares, 2,258.51 BTC), 30D: 0.00300001 / 0.00616304 / 0.0069 (3614671 shares, 22,277.39 BTC)
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.22001 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01231 BTC [-]
jcpham: it is being spliced as we speak
gesell: im not flaming. just saying id like to know more about why its down
jurov: to be mitigated using .... RAID???
gesell: why not host some static pages on free cloud services?
jcpham: that's not good enough mircea_popescu
jcpham: we'll need a graph or something
mircea_popescu: gesell you can use the proxy listed in topic or else the irc bots to trade
jurov: yes... but it looked liike i'm ddosed
gesell: mircea_popescu: proxy is fine. just curious the logic. seems that loosing the face of mpex (which the web presense is part of) would make some question
gesell: mircea_popescu: the questions are natural for investors. and also natural to want more details...
mircea_popescu: gesell surely. there's been ample disucssion here and also reports regularly posted in the forum.
gesell: if its ddos, whats the plan. just no web presence?
dub: its raining in the cloud today
dub: jurov: you did tick the persistent storage box rite? don't do a poland
jurov: dub yes that was first thing i checked
jurov: mircea_popescu, pretty much. except keys and such
jurov: i did except flaky performance...but 25 second I/O delays causing whole machine to drop connections? er, uhm.
mircea_popescu: "We got the server rebuilt. Issues as expected. It's working in RAID 10 right now. I know you said RAID 6 but before we take this down again, can you live with 10?"
dub: true ballers roll raid 1000
mircea_popescu: i'm like... meh, watch me go 10 and then have two disks fail.
jcpham: mircea_popescu when does rota get paid
jcpham: you can pay me quarterly, I'm fine with it
jcpham: what if you can't afford it by then
jurov: jcpham, go to btcjam and show them your proof of employment
jurov: "employed" in rota
jcpham: why would i even have a btcjam account
jcpham: i heard they loan liquidity to an exchange
jurov: haha... ashamed, better forgot
mircea_popescu: jcpham i wouldn't wory about that, it's kinda like coinlab bringing rupees to wall street
jurov: no they're all about bahts, have you seen the symbol?
mircea_popescu: anyway, things are getting pretty much wrapped up, im upgrading mpex.co back online from "this week" to "today".
gesell: mircea_popescu: thanks for the link
jcpham: the op of the asicminer pool decided to fork his pool for a few minutes
dub: not commiserate with teh ideals of bitcoin, kind of person bitcoin does not need.. The person is blatantly and willfully violating the trust of Bitcoin network and for that he/she should be reprimanded.
jcpham: so while bitcoind was running with no db
jcpham: i assume the miners were doing diff 0 shares
jcpham: until the hot wallet was empty
mircea_popescu: gesell mail is not nuts. mail is the strongest, oldest and in general best service ever implemented on the internet.
dub: I didn't think bitcoind offered work until it was synced
jborkl_: I think it would have been network diff at the point of the blockchain download you were mining
gesell: mircea_popescu: yes mail is but using google as a trusted host gate, not sure
jcpham: i upgraded bitcoind today
jcpham: dunno how a pool handles the resync
jborkl_: at block 195000 it was i think 1.95 m for example
jborkl_: so while he was dl, blocks would have been synching fast- but mining at 200k diff
FabianB: mircea_popescu: also proxy discovery included now :)
mircea_popescu: irc logging is a good idea. include a ticker to bold my lines ? :D
mircea_popescu: "If bank places by mistake 10k into your account, and you cash it out, your will probably rot in jail.."
dub: thats true, at least here
pigeons: if you dont give it back you will
FabianB: mircea_popescu: it's just the conversation of MPEx.rb with the irc bots, not of this channel
jcpham: if the pool with the most hashrate is mining on a non -up-to-date copy of the blockchain
mircea_popescu: dub they will have to sue for unjust enrichment. they may win it,
gesell: mircea_popescu: why not use google spreadsheets for graphs and orderbook review?
pigeons: which is why mp lost in his own hand picked rota
gesell: in that scenerio you would script updates (not pull from an api, as this might overrun google apps limits)
mircea_popescu: pigeons not really true. they always will try to convince the person to return it
mircea_popescu: but afaik such claims are rare. usually cost more to sue than they'd get
pigeons: really, absoulutely trye. give me one example where its not
mircea_popescu: gesell you can go right ahead, or what are you asking ?
kakobrekla: i have seen it happen here and the bank gets the money back one way or another
pigeons: ive seen plenty where it is true, none where it isnt
mircea_popescu: pigeons you've seen a case where a bank sued the recipient of an error for unjust enrichment ?
dub: pretty sure its straight up law here
assbot: [BTCTC] [B.YABMC] 1 @ 0.01401 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01401 BTC [-]
dub: bank fucks up, give it back or the police come get you
gesell: mircea_popescu: well i would be happy to make some spreadsheets to pull the order books but this would require some sort of mpex api (json or xml or whatever) for that and again, leave you open to ddos. but if you pushed the data onto your own public spreadsheet you would avoid any ddos on your public facing graphs and orderbooks
pigeons: dont have my lexisnexis here
gesell: mircea_popescu: not in bit. checking again
gesell: oh didnt see the sierra chart feed
mircea_popescu: also kakobrekla has a websocket feed he's been selling people.
gesell: mircea_popescu: are those feeds not effected by the ddos?
mircea_popescu: nothing's affected other than the website which people somehow get fixated on.
gesell: mircea_popescu: it's the face. but is interesting to contemplate what that means and reshaping it.
gesell: mircea_popescu: well its also strange that the proxy seems to be a mirror. as apposed to it being it's own form of interface.
FabianB: well stock trading volume went down, but never stopped; options as usual
gesell: if the face effects trades then, well, recovery should be monitored. and hopefully there is recovery
pigeons: and people can learn to trade anyway
smickles: so the ddoser's name is "the face"?
gesell: mircea_popescu: for lack of a better comparison... say for instance that some brokerage firm was had their own interface to nyse showing trades and tickers. this would "feel" decoupled from the excchange itself so people would not associate the two. if nyse decided to change how they present themselves that brokerage face would not be percieved as, i dont know, a quick crutch to fill the gap. where as when it is mirroring nyse so closely
gesell: mircea_popescu: hobby web dev for aesthetics. serious code and hardware hacker for the $
pigeons: basically, mircea_popescu does not care how it "feels"
gesell: hacker meaning reverse engineer (meaning, f;ing serious)
gesell: pigeons: even if he doesnt care. it is still interesting to consider what the market effects of change of face are, and where the middle ground is, and where there is space to innovate in a intuitive way. or maybe there isnt really
smickles: gesell: did you notice that my mpexbot has a direct line into mpex, yet doesn't look like a mirror?
mircea_popescu: pigeons that is exactly the opposite of reality. i very much care how it feels. which is why the proxy doesn't have spurious dongles, but feels just like the real tihng.
gesell: pigeons: if change of face did effect trade volume, that is interesting to explore
mircea_popescu: what i don't care about is appearance bullshit. there's a very good reason for that : unlike the web, the retail market for plastic figurines and fake fags,
gesell: smickles: yeah mpexbot... so it could be that just as mpex forces people to understand that the odd security model is better (and forces people to learn why and learn what pgp is) maybe it is of value to force them to use a different interface in a similar way. but the cause and effect is not as clear with the Web vs Mpexbot, as it was with the gpg protocol
mircea_popescu: for some reason i have a lot of trouble following this guy.
smickles: mircea_popescu: that mpex gui i'm developing is nearly functionally complete
mircea_popescu: what do they feed you over there, uppers in speedball sauce ?
FabianB: gesell: in both cases you need gpg to trade
smickles: pigeons: not minecraft, but opengl like was discussed yesterday
gesell: mircea_popescu: not sure. i think i just dont explain abstract thoughts well.
pigeons: i want bricks of some sort then
mircea_popescu: pigeons lemme quote a person familiar with the matter, for your benefit :
gesell: smickles: is that QT based?
mircea_popescu: "i get the feeling ima wake up one of these days and like there will be a little mpex anthill, and mpex transaction wallpaint and i can order a stat from the magazin alimentar"
gesell: then i hope the buy button creates a buy event on button down and not button released ;)
smickles: gesell: it's a toolkit which uses opengl, i don't know too much about it
smickles: and that i should be able to make binaries for win, mac, linux and android with it
smickles: gesell: aw, i picked button released, is that bad?
gesell: smickles: yes, they people on upper speedball sauce will have to click for each buy whereas on button down they could just Hooooooold and buy shit loads
smickles: lol, well, the buy button goes to a detailed asset page with price and quantity inputs
smickles: yeah, i'd figure you'd want to know the best ask if you planned to buy
dub: this is mpex, we invest for the future, regardless of price
smickles: i have that one drawn up right now. left side full depth (scrollable) right 2/3's has details up at top and input middle, confirmation button at bottom
gesell: kivy is interesting. new to me
dub: if you care about price you are the wrong kind of investor
smickles: also, the thing is proxy aware and checks for updated proxy lists
smickles: that is how botnets work tho, isn't it?
smickles: i think i've lost every bitbet bet i've made
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.19999 BTC [-]
kakobrekla: i can make you a special 'yes and no is switched' interface
mircea_popescu: if person clicks it site is color switched (everything)
mircea_popescu: and yes/no also switched in menus but not in actual effect.
mircea_popescu: dude i'm asking you for the difficult, you're asking me for the impossible.
mircea_popescu: maybe i should upgrade the php proxies to also forward mail.
pigeons: i'm down with finger instead of this twitter stuff
smickles: haha, come to mpexbot to check your email !
smickles: $mail \n <mpexbot> 3 ways to a larger PENIS
mircea_popescu: it should have a list. if person is not on that list, "You're not cool enough for this service sorry."
mpexbot: and if you can, hire a group to make it happenj
mircea_popescu: you can charge like .01 btc for lifetime membership or something
assbot: [BTCTC] [BTC-BOND] 6 @ 0.00999 = 0.0599 BTC [+]
dub: you goddamn hacker how did you get my password
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.19999 BTC [-]
gribble: Error: "slab" is not a valid command.
gribble: BTCUSD ticker | Best bid: 48.16000, Best ask: 48.18310, Bid-ask spread: 0.02310, Last trade: 48.16000, 24 hour volume: 41803.52824419, 24 hour low: 45.47100, 24 hour high: 48.46900, 24 hour vwap: 47.48502
gesell: its a shame geocities is down. mpex hosted via geocities would just be perfect
dub: I swear its synergy throwing away half my keystrokes
mpexbot: smickles: No new messages received.
mpexbot: ThickAsThieves: To sign up for this service, contact smickles. Cost will be 0.01 BTC.
mpexbot: smickles: depth, email, post, proxies, and vwap
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
ThickAsThieves: i assume all email revenue goes to making mpex aesthetic improvements
smickles: the list just keeps growing. In two weeks, we'll have something like nano's gribble on our hands
mpexbot: mircea_popescu: No new messages received.
assbot: [BTCTC] [BITVPS] 1 @ 0.00401 BTC [-]
assbot: [BTCTC] [BITVPS] 50 @ 0.004 = 0.2 BTC [-]
gribble: BTCUSD ticker | Best bid: 48.19322, Best ask: 48.19341, Bid-ask spread: 0.00019, Last trade: 48.19322, 24 hour volume: 41895.49680393, 24 hour low: 45.47100, 24 hour high: 48.46900, 24 hour vwap: 47.48907
FabianB: thank you maximian, if that was you
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.19999 BTC [-]
gesell: what tha, btc24 now second largest exchange? that was fast
gesell: beh, they got their own bots on the exchnage <shakes fist> not that it matters
gesell: not sure how bitdata compiled that chart. it isnt eur specific
assbot: [MPEX] [O.BTCUSD.C470T] 192 @ 0.19228973 = 36.9196 BTC [+]
gesell: puts bitstamp and btc24 at %2 behind mtgox both
gesell: i swear to god they have their own bots running on the exchange. not sure what the objective is but see some bots responding with <200ms timing
gribble: BTCUSD ticker | Best bid: 48.10003, Best ask: 48.19000, Bid-ask spread: 0.08997, Last trade: 48.19000, 24 hour volume: 41520.07762161, 24 hour low: 45.47100, 24 hour high: 48.46900, 24 hour vwap: 47.51308
gesell: perhaps. just mapped their bots edges and it tends to push it's own reserve volume over other bids that it thinks are too low
gesell: up to a certain limit, perhaps set based on numbers of averages on other exchnages
gesell: maybe its an arbitrage protection bot, or not sure
mircea_popescu: have everyone entering fake trades based on the other people's fake trades averages
mircea_popescu: in fact it's probably the main source of volatility atm
assbot: [BTCTC] [CRYPTO-TRADE] 4 @ 0.19999 = 0.8 BTC [-]
gesell: mircea_popescu: what do you mean by fake trades? I think on btc24, unlike mtgox, if you buy your fiat gets locked and you cant make another order. same on sell. of course their own local bots could fake, but i could not prove this. and actually they wouldnt have to fake, if all they really want to do is some moderate protection from arbitrage
mircea_popescu: and it is feeding it from the trades on other exchanges
mircea_popescu: the net result is a positive feedback loop of great danger
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.2 = 0.4 BTC [+]
gesell: mircea_popescu: i cant wrap my head around how that would all play out. just assume before running any bot one would make comfortable limits, and some way to guage when things are getting out of control so you know when to turn off
gesell: other than being hacked dont remember bitcoinica gaming the market
gesell: mircea_popescu: havent no
benkay: tempted to pause timer and read
benkay: but also would like to close out workblock, make commits, email people "yay" and go play with dog and lady
mircea_popescu: such balance is apparent in the sorting of the [dog ; lady] set.
benkay: maybe i alpha sort everything on the outfeed, huh?
benkay: in reality, dog needs tiring first
mircea_popescu: PSA : starting yest MPEx is adding 0.001 fee to all txs, whether needed or not (it's almost never actually needed). Support teh network!
assbot: [BTCTC] [S.DICE-PT] 30 @ 0.00557 = 0.1671 BTC [-]
mircea_popescu: reading a digest of the bitcoin-dev chan, i am struck by how incredibly pompous these people are.
mircea_popescu: seriously know. who told them they know shit and when exactly ?!
assbot: [BTCTC] [GSDPT] 20 @ 0.00524 = 0.1048 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01987 BTC [+]
assbot: [BTCTC] [B.YABMC] 11 @ 0.01988 = 0.2187 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.1796 = 0.3592 BTC [-]
mpexbot: smickles: Bids: ['5 @ 73163', '5539 @ 73162', '4961 @ 72543', '10000 @ 71102', '10000 @ 70102']
mpexbot: smickles: Asks: ['502 @ 76717', '12095 @ 76718', '1399 @ 77988', '54540 @ 77999', '500000 @ 78000']
mircea_popescu: would it be possible for the bot to keep a count of the chat lines during past 5 minutes and send that response by pm if value > 50 ?
mircea_popescu: and also send it by pm if it's been sent to the main chat during the past 1 hr
smickles: it would be easist to just send it to pm
smickles: do you think it's spammy as is?
kakobrekla: also side note, pm is short for 'picku mater' which roughty translates for 'mothers cunt'
smickles: well, kakobrekla if you think people are using it too often, let me know and I will switch it to pm response
kakobrekla: wait so one must use it 5 times an hour ?
smickles: yup, also, i added email service to mpexbot
mpexbot: kakobrekla: Bids: ['5 @ 73163', '5539 @ 73162', '4961 @ 72543', '10000 @ 71102', '10000 @ 70102']
mpexbot: kakobrekla: Asks: ['502 @ 76717', '12095 @ 76718', '1399 @ 77988', '54540 @ 77999', '500000 @ 78000']
mpexbot: kakobrekla: Bids: ['5 @ 73163', '5539 @ 73162', '4961 @ 72543', '10000 @ 71102', '10000 @ 70102']
mpexbot: kakobrekla: Asks: ['502 @ 76717', '12095 @ 76718', '1399 @ 77988', '54540 @ 77999', '500000 @ 78000']
mpexbot: kakobrekla: Bids: ['5 @ 73163', '5539 @ 73162', '4961 @ 72543', '10000 @ 71102', '10000 @ 70102']
mpexbot: kakobrekla: Asks: ['502 @ 76717', '12095 @ 76718', '1399 @ 77988', '54540 @ 77999', '500000 @ 78000']
mpexbot: kakobrekla: Bids: ['5 @ 73163', '5539 @ 73162', '4961 @ 72543', '10000 @ 71102', '10000 @ 70102']
mpexbot: kakobrekla: Asks: ['502 @ 76717', '12095 @ 76718', '1399 @ 77988', '54540 @ 77999', '500000 @ 78000']
mpexbot: kakobrekla: Bids: ['5 @ 73163', '5539 @ 73162', '4961 @ 72543', '10000 @ 71102', '10000 @ 70102']
mpexbot: kakobrekla: Asks: ['502 @ 76717', '12095 @ 76718', '1399 @ 77988', '54540 @ 77999', '500000 @ 78000']
dub: ;;echo $depth s.mpoe
mpexbot: gribble: Bids: ['5 @ 73163', '5539 @ 73162', '4961 @ 72543', '10000 @ 71102', '10000 @ 70102']
mpexbot: gribble: Asks: ['502 @ 76717', '12095 @ 76718', '1399 @ 77988', '54540 @ 77999', '500000 @ 78000']
smickles: i might need to fiddle with the 'abuse' configs
mpexbot: smickles: Bids: ['100 @ 530012', '81 @ 530011', '800 @ 530000', '500 @ 520000', '10 @ 520000']
mpexbot: smickles: Asks: ['9299 @ 569996', '1000 @ 569997', '2000 @ 570000', '148 @ 599990', '48346 @ 600000']
mircea_popescu: evoorhees good thinking on upping the you lost returns.
pigeons: yeah be careful with the big bucks till the fork is resolved
pigeons: satoshi dice pausing till resolved
assbot: [BTCTC] [BTC-TRADING-PT] 8 @ 0.1796 = 1.4368 BTC [-]
gribble: BTCUSD ticker | Best bid: 47.75902, Best ask: 47.83005, Bid-ask spread: 0.07103, Last trade: 47.83005, 24 hour volume: 42125.00556719, 24 hour low: 45.54000, 24 hour high: 48.46900, 24 hour vwap: 47.65497
dub: now would be a great time to dos guild
dub: any kids watching? :)
mircea_popescu: is this fork in any way related to the two asic miners ?
mircea_popescu: ie, is one avalon sponsored and the other am sponsored ?
dub: no its a block size issue affecting BDB in 0.7
dub: 0.8 is unaffected so 0.7 and 0.8 miners have forked
mircea_popescu: as in, "it's a blocksize issue we've introduced with 0.8"
dub: fix is to move majority hashing back to 0.7
jcpham: anyone want to help me with a e-poll
dub: so if guild went down now it would be teh bitpocalypse
jcpham: it has real world results
gribble: 1 BTC = 47.70000 U.S. dollars = 36.6923077 Euros
dub: mircea_popescu: its a previously unheard of issue with BDB, the block size triggered it
mircea_popescu: jesus passing the buck is like a tradition in bitcoin-devtalk
dub: mircea_popescu: well no, dice fucked up the blockchain
dub: by creating blocks too big for 0.7
mircea_popescu: "let's hide the fact that we suck at coding by falsely accusing someone else of doing things such as trying to externalise their costs on others"\
dub: we only know about it because half the network is on 0.8
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.774998 = 1.55 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 4 @ 0.2 = 0.8 BTC [+]
ThickAsThieves: seems like they could really fuck things up from this point still
jcpham: top three bands get to play
jcpham: trying to make sure my frind's band plays
jcpham: its a big venue for him
dub: fixing the network to make dice fit is the trigger
dub: mircea_popescu: big blocks are the problem here
dub: but I can see you are decided
dub: because the problem is increasing teh blocksize not 0.8
mircea_popescu: this is the same coolaid of saying "sd is hte problem"
dub: because 0.7 nodes can't handle them
mircea_popescu: no dood. the problem is bad code, not the real world constraints that expose it sucks.
dub: because the database sucks
pigeons: because the bug in BDB wasn't encountered before because the number of transactions in a block that trigger it wasnt valid before
dub: <evoorhees> Okay SatoshiDice is on pause now. Receiving bets but not processing anything.
mircea_popescu: so what, we write bugs and that's ok if nobody forces our nose in it "?
mircea_popescu: cause we're too busy acting the knowful shitheads on -dev ?
dub: I think its too early to know if its bdb itself or bitcoins implementation
mircea_popescu: how about bitcoin implementing something that failed is on the devs
mircea_popescu: it's not tested enough to release yet, do not release it.
mircea_popescu: what is this, 1955, we're discovering software engineering ?
dub: im just annoyed that we're not at $2 yet
dub: come on guys, its panic time if ever there was
mircea_popescu: i'm sick and tired of the young cocks circlejerk attitude.
jcpham: let's see how this plays out
assbot: [HAVELOCK] [SDICE] 5 @ 0.56 = 2.8 BTC [+]
dub: speakign of circlejerk
dub: fucking assholes now want to talk about my offer after a week of bullshit
dub: and I'm now ready to buy a different house
gribble: Current Blocks: 225435 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 356 blocks | Next Difficulty In About: 2 days, 5 hours, 24 minutes, and 0 seconds | Next Difficulty Estimate: None | Estimated Percent Change: None
gribble: Next difficulty estimate | None based on data since last change | 5496120.07656 based on data for last three days
dub: 0 diff would be neat
ThickAsThieves: so if they are forked, then anyone mining the dropped fork is fukt
ThickAsThieves: and anyone helping to push the old fork gets super low diff
dub: gox better not stop this crash
gribble: BTCUSD ticker | Best bid: 45.50110, Best ask: 45.60134, Bid-ask spread: 0.10024, Last trade: 45.00000, 24 hour volume: 55914.86095949, 24 hour low: 45.00000, 24 hour high: 48.46900, 24 hour vwap: 47.30466
mircea_popescu: trading can in principle continuewith what they have deposited in btc and freely on usd.
dub: whois defunctzombie?
dub: he'so offering to halt trading if gox does
pigeons: and halted processing deposits
dub: blockchain is firked
Chaang-Noi: what is the news with gox, just woke up?
dub: bitcoin forked into 0.7 and 0.8 chains
Ukto: pools were todl to increase blocksize
dub: pools are rolling back to 0.7 to fix
Ukto: someo made them too big
Ukto: and olrder clients shat themselves
Chaang-Noi: so coins in our new clients are they gone?
Ukto: Chaang-Noi: that depends on what happens after blockchain merger
Ukto: mircea_popescu is correct
Ukto: but put things on hold
pigeons: everyone go take a walk and get some food and come bac in a few hours
Chaang-Noi: glad i has 150,000 as a back up crypto currancy
mod6: heh you sold 50k 'eh
dub: mircea_popescu: loving the WTC ref
pigeons: yeah ltc could never get this bug because that many transactions in litecoin would never propogate quickly enough to get included in a block
Chaang-Noi: i have not made a btc payment for about 12 hours, will this make me saffer even if i use the new client?
Chaang-Noi: is there a link with more info on the forum or something?
davos: meh - its only down 4, less than 10%
mircea_popescu: crediting incomingpayments may be unsafe, if they are doublespent across the forks
mircea_popescu: and then they merge into one that doesn't include you being paid.
davos: and wrong chat. =D
Chaang-Noi: mp i sold 50k ltc yesterday for btc, odds on this being accepted?
gribble: BTCUSD ticker | Best bid: 43.12000, Best ask: 44.50000, Bid-ask spread: 1.38000, Last trade: 43.12000, 24 hour volume: 62664.75566320, 24 hour low: 43.12000, 24 hour high: 48.46900, 24 hour vwap: 46.92695
Bowjob: All right, what the fuck is going on
Bowjob: This is a huge blow to bitcoin. WTF I thought its supposed to be secure
BitHub: bitcoin been failing a bit lately
BitHub: alot of flaws being exposed
Ukto: this will rpolyl drive ltc prices up
Ukto: almost done with my mini ltc project
BitHub: mircea do you think the bitcoin foundation will pay out a compensation? lul
mircea_popescu: BitHub i'd be more than happy if the usual pompous idiots came out with an apology.
BitHub: mircea who's fault is it?
dub: mircea_popescu: you know the answer right
dub: mircea_popescu: because 'not ready for primetime'
dub: mircea_popescu: its obvious they don't want adoption
Bowjob: wow.. what will the institutional investors think
mircea_popescu: dub yes, they want it forever this niche toy where they matter.
dub: mircea_popescu: at least for the next 100 years
mircea_popescu: when i told them they'll be pushed aside coupla months ago i guess they groked it
BitHub: all good, but yeah, makes me think they could just do this sort of stuff on purpose just to manipulate the price
mircea_popescu: BitHub they're for the most part not intelligent enough to understand the point or value of money.
BitHub: to be honest i have noticed the lack of like really really god like programmers
dub: oh this is gettgin good
dub: you cant downgrade to 0.7
dub: without prev blkindex
BitHub: yeah where is Lord Satoshi?
BitHub: he needs to come in and fix these n00bs mistake
mircea_popescu: the only way is basically foer the people who upgraded to downtime
dub: and no reindex in 0.7 so you have to download and validate the chain
dub: which workd REALLY WELL
BitHub: lul @ In re Bitcoin Devs are idiots
dub: BitHub: they kinda are
smickles: i've got an uptodate .7 chain for s2cm funds
BitHub: ima have to read this :)
gribble: BTCUSD ticker | Best bid: 45.00000, Best ask: 45.10989, Bid-ask spread: 0.10989, Last trade: 45.00000, 24 hour volume: 66465.70498496, 24 hour low: 43.11000, 24 hour high: 48.46900, 24 hour vwap: 46.77472
smickles: ;;sell 1 "0.7 blockchain" @ 50 btc
Bowjob: this actually scares me.. that bitcoin can be compromised like this
mod6: there you go smickles
Bowjob: I thought we're supposed to be unhackable and shit
BitHub: its getting scammy hey
BitHub: the pyramid is being exposed
Bowjob: Everyone move to lite coin!
mod6: i've got a chain that was last updated dec 29th...
BitHub: just email your wallet.dat to the bitcoin foundation tell them they've won and then hang yourself
Bowjob: Umm I'm using electrum does it run ot 0.08
evoorhees: Bowjob don't be a fool. If you actually saw the devs react to this and remedy it, you'd be very impressed
evoorhees: it's how resilient btc is in the face of them that matters
pizzaman1337: mircea_popescu: have you considered hiring people to work on it?
mircea_popescu: pizzaman1337 suppose bitcoin was written by mpex devs.
dub: bitcoin is so resilient it only took one satoshidice to break it
Bowjob: btc-e trollbox is celebrating
mircea_popescu: there's a lot of intrinsic strength in the open and independent dev model.
BitHub: hand the code over to bill gates
mircea_popescu: the problem is that much like anything else of the kind, it depends on keeping politics low.
mircea_popescu: wikipedia for instance is similar, and failed for similar reasons.
gesell: mircea_popescu: shorting possitions on mpex?
BitHub: politics, emotions, egos
vampireb: well not a bitcoin issue, the old db was a problem
smickles: gesell: you want to short s.mpoe?
BitHub: why doesn't the bitcoin foundation use all that money to actually hire proper programmers
BitHub: with resumes and stuff
vampireb: hmm? start what? i read pleter's explanation, what isnt clear?
Bowjob: are asics safe and compatible after this?
mircea_popescu: vampireb read up the context in the channel you're talking.
BitHub: isn't that the foundation job? or not really?
gesell: will this spill over into the discussion of soft limits and sdice foo?
Bowjob: k thats all i care about
dub: gesell: this will spill over into all manner of discussion
mircea_popescu: this will probably be the foundation of all further discussions
smickles: well, if anyone want's to short s.mpoe, i have a fair amout of shares available
BitHub: what is the point of the foundation
dub: BitHub: they supply the biscuit
vampireb: i dont have the context, but ok
dub: the one in the middle
mircea_popescu: you make an upgrade that fucks up the network, it's not the db, it's not satoshi, it;s you.
gribble: BTCUSD ticker | Best bid: 45.01000, Best ask: 45.90277, Bid-ask spread: 0.89277, Last trade: 46.50000, 24 hour volume: 70342.96544144, 24 hour low: 43.11000, 24 hour high: 48.46900, 24 hour vwap: 46.71424
benkay: did testnet testing not catch this due to atomic transaction size blah blah?
vampireb: well guess what, that's why when I last time I met gavin he was looking to hire QA
dub: it was over 2000 last night
dub: with no volume at all
dub: I've only seen it >9000 once
dub: but today would be a good candidate
dub: if the 20k failsafe is still there
smickles: "an easy way to do it is to go to home depot with 5 usd, buy stuff to make it happenj"
gribble: Error: "proxies" is not a valid command.
gesell: dub: 20k failsafe means what?
assbot: [MPEX:S.DICE] 1D: 0.00530001 / 0.00552804 / 0.0059998 (11830 shares, 65.40 BTC), 7D: 0.00300001 / 0.00514724 / 0.006 (228107 shares, 1,174.12 BTC), 30D: 0.00300001 / 0.00614247 / 0.0069 (2518785 shares, 15,471.58 BTC)
mpexbot: smickles: Bids: ['100 @ 530012', '81 @ 530011', '800 @ 530000', '500 @ 520000', '10 @ 520000']
mpexbot: smickles: Asks: ['9299 @ 569996', '1000 @ 569997', '2000 @ 570000', '148 @ 599990', '48346 @ 600000']
Bowjob: now lucif is gonna make some bullshit up how he calculated this could happen
Bowjob: and we're gonna look like emperors with no clothes
mircea_popescu: vampireb so he was looking to hire a qa. good for him.
benkay: too bad he never got around to it.
vampireb: well devs dont wanna do qa, and u can't really qa your own shit
Bowjob: meanwhile, LTC is surging
vampireb: so what? it isn't the end of the world. a minor hiccup
smickles: "Every be very careful about accepting any transactions for the the next few hours" << what is that supposed to mean :P
benkay: i'd take a bearish position on ltc, settled next month...
the-bucket-shop: never let a tragedy go to waste fellas. Plaster Satoshi Dice's name all over the news and posts if you can.
vampireb: the result: bitcoin foundation would be promoted as a saviour
BitHub: it not the end of the world?
mircea_popescu: smickles that incoming txs might be wiped on fork merge
mircea_popescu: vampireb it's hopefully the end of a certain misplace attitude.
gesell: the-bucket-shop: what do you mean?
gesell: also, what effect would this split have on hash/mining opporutunities?
gesell: brief opportunities if that
mircea_popescu: if it's not temporary then there's no mining oportunities
smickles: mircea_popescu: i know, but how would you be careful about it. seems binary to me
mircea_popescu: im not processing incoming on mpex till its resolved for instance.
gesell: mircea_popescu: even if it is, it will take time for everyone to get on the proper chain, no... since apparently some versions will have to upgrade
benkay: i'm out. this shit's boring.
mircea_popescu: (course i have the advantaghe that my system is designed so such things don't affect me)
gribble: BTCUSD ticker | Best bid: 43.50000, Best ask: 44.00000, Bid-ask spread: 0.50000, Last trade: 43.10000, 24 hour volume: 75255.63737110, 24 hour low: 43.10000, 24 hour high: 48.46900, 24 hour vwap: 46.55735
vampireb: ah good that i sold at 47. need to figure when to rebuy
gesell: so, just trying to understand this. how is mtgox processing tx's now. this effects minders and merchants, not exchanges?
dub: <dub> im buying at $10
smickles: gsi don't think they are processing deposits/withdrawals
vampireb: you can trade with existing funds
dub: they dont process tx
dub: unless you fund or withdraw
dub: which is frozen iirc
gesell: dub: perhaps i got the wrong term. if miners and merchants are told to wait, why not exchanges?
Chaang-Noi: ltc now at all time high to btc, and well over its old all time high to fiat
gesell: im trying to guage if there will be a queu of sells waiting to flood through exchanges once things get back to speed
mircea_popescu: withdrawals are fine, but prolly people aren't doing it just to be safe.
dub: gesell: there will, and wait till it hits the press
dub: I think $10 might be a bit bullish
Bowjob: I'm dropping down 200 BTC
pizzaman1337: well, I can't wait to get myself some cheap coins if it drops
gesell: so its a selfish question now but ive always invested long term. and now im wondering if its time to pull and wait
Bowjob: pull put. i'll sell 200 BTC for 8k
the-bucket-shop: still 25 coins every 10 minutes as far as I know. long term should be good gesell
gesell: the-bucket-shop: the long term is great. but the bible says to be a good steward with your money so im just wondering if im being a total idiot just holding at this point
gribble: #13963 Mon Mar 11 18:45:10 2013 smickles SELL 1.0 0.7 blockchain @ 50 btc (None)
gesell: what are you selling smickles, dont get it
gesell: just selling the dat files? huh
smickles: gesell: because of the current situation, people who are on .8 and want .7 need to redownload the chain
Bowjob: heck ill sell for $13.29
smickles: a direct transfer from me to them would be a lot faster
gesell: im on 0.7 with last update 25 days ago
gribble: BTCUSD ticker | Best bid: 43.20000, Best ask: 43.20758, Bid-ask spread: 0.00758, Last trade: 43.20000, 24 hour volume: 81127.52521536, 24 hour low: 42.00000, 24 hour high: 48.46900, 24 hour vwap: 46.26895
assbot: You cannot stop the clouds by the building of a ship.
mpexbot: smickles: {u'7d': {u'cnt': u'', u'min': u'4086787592', u'max': u'5325215905', u'vsa': u'954675808260', u'vsh': u'no', u'avg': u'5157005239'}, u'30d': {u'cnt': u'', u'min': u'', u'max': u'', u'vsa': u'', u'vsh': u'', u'avg': u''}, u'1d': {u'cnt': u'', u'min': u'', u'max': u'', u'vsa': u'', u'vsh': u'', u'avg': u''}}
dub: its just a correction
Bowjob: we need to summon satoshi
gesell: does delay translate to some meaningful guage of load on gox?
toffoo: help me satoshi nakamoto, you're our only hope
mod6: only options today were 192 CALL @ 47
dub: gesell: it translates to 'gox is incapable of handling moderate load'
gesell: hmm, any predictions on bit bets effected by this
dub: gesell: alternatively 'bitcoin is a joke'
mircea_popescu: "what the average metro payment terminal in tokyo processes"
gribble: BTCUSD ticker | Best bid: 42.00000, Best ask: 42.99000, Bid-ask spread: 0.99000, Last trade: 42.99000, 24 hour volume: 82087.73745767, 24 hour low: 42.00000, 24 hour high: 48.46900, 24 hour vwap: 46.19856
dub: No cause we're too cool for testnet and elbow grease, gotta spend 16 hours a day on -dev talking about what we think of Satoshi Dice and how many whales fatass Gmaxwell could swallow whole.
assbot: [MPEX] [O.BTCUSD.P750T] 10 @ 0.79079695 = 7.908 BTC [-]
mod6: bunch of cock-meat sandwiches
dub: man, if those ddos kids were on to it
dub: they could REALLY fuck shit up right now
smickles: i see that as a goos ~8 btc spent
ThickAsThieves: so in a situation like this, where the usd/btc may fall on confidence, am i safer being mostly invested in assets?
davout: why are you guys even here
davout: all the cool kids are on bitcoin-dev
gesell: davout: to take advantage of fallouts?
smickles: ThickAsThieves: if a significat amount of investors view their assets in terms of usd, then mebbe
smickles: mircea_popescu: no, this was clearly the time to <@assbot> [MPEX] [O.BTCUSD.P750T] 10 @ 0.79079695 = 7.908 BTC [-]
davout: bitcoin just became fun again
the-bucket-shop: I think s.dice and bitvps would benefit. except that s.dice money faucet is turned off.
smickles: mircea_popescu: i bought them, if the bc,24hprc moves to the current spot, they break even
smickles: wasn't it over 1500 goxlag the other day
gesell: by all intents and purposes this is most definitely a crash
smickles: lol, coinbr down. mpex.coinbr up
davout: is mtgox even still trading ?
dub: crash comes when the media wakes up
smickles: mircea_popescu: i also have those p310t's i bought a while back
davout: dub: not necessarily if it was taken care of quickly
Bowjob: All right, I'm not panicking. Stay frosty
gesell: Bowjob: don't panik, just buy when it all settles
gesell: i shouldnt give any advice. i dont know jack. but i will hedge a little when it bottoms out anyway, for myself
smickles: best thing to do now is buy beer with bitcoin
gribble: Error: "ticer" is not a valid command.
gribble: BTCUSD ticker | Best bid: 41.21110, Best ask: 41.40000, Bid-ask spread: 0.18890, Last trade: 41.40000, 24 hour volume: 86823.51454120, 24 hour low: 41.20000, 24 hour high: 48.46900, 24 hour vwap: 45.94411
dub: gox is trying to trade as always
Bowjob: actually, I could sell a few coins and buy back cheaper
dub: the little trading engine that could
Chaang-Noi: odd 12 ours oga this chan was dead as dead, wake up to panic, ahhh btc :)
gribble: BTCUSD ticker | Best bid: 40.60269, Best ask: 41.20000, Bid-ask spread: 0.59731, Last trade: 41.20000, 24 hour volume: 91789.11504056, 24 hour low: 40.01110, 24 hour high: 48.46900, 24 hour vwap: 45.66073
gribble: BTCUSD ticker | Best bid: 40.37260, Best ask: 40.50000, Bid-ask spread: 0.12740, Last trade: 40.50000, 24 hour volume: 91802.34794623, 24 hour low: 40.01110, 24 hour high: 48.46900, 24 hour vwap: 45.65939
Chaang-Noi: gox cant fall to far..people cant send gox coins to sell :)
wiggzz: so what're the running odds that puts on mpex actually pay out if btc crashes very low?
pizzaman1337: Chaang-Noi: but when they open it up, there could be a selloff
mircea_popescu: yes, the only way to write them is by depositing capital
Chaang-Noi: after 6 trasactions could be a sell off yes... but people seeing it is fixed will be like, cheap coinz!!!!!!!
Chaang-Noi: im pretty sure i know how this drama will play out
wiggzz: but, on a put required capital is not as great as they can fall
Chaang-Noi: fiat in the gox will beat the 6 confirm sell off
gesell: something that really disturbs me right now is the number of way overpriced buy bids still sitting on bitcoin.de (a p2p exchange with pretty high volume)
assbot: [MPEX] [O.BTCUSD.C490N] 10 @ 0.1721919 = 1.7219 BTC
Chaang-Noi: even if we go to $25 we will bounce right back up if this shit gets sorted quickly
gesell: mtgox price is at 31eu but you could still sell on bitcoin.de for 36
pizzaman1337: Chaang-Noi: as soon as the 0.7 chain is longer, I think. Not sure how far behind it is.
Chaang-Noi: yeah id like to know the leanth of the chains
gribble: BTCUSD ticker | Best bid: 40.01000, Best ask: 40.50000, Bid-ask spread: 0.49000, Last trade: 40.01000, 24 hour volume: 92084.38009144, 24 hour low: 40.01000, 24 hour high: 48.46900, 24 hour vwap: 45.64045
gesell: im a bit worried selling on bitcoin.de though because if the buyer doesnt care to loose a bit of reputation they could just backout
mircea_popescu: Chaang-Noi i would guess it will be solved within a couple of hourd.
gesell: 35, really? what, end of the month or just tomorrow or something?
Chaang-Noi: okay, ill go pay insurance for my truck.. and ship off some wild honey... i need to get afk anyway:)
gesell: the thing with the bitcoin market is the reaction extends over a long period. so what you see happening now will continue in a similar manner with the EU wakes up
wiggzz: right, but in BTC the required collateral was only strike / spot
gesell: ive watched it happen. a lul for a few hours then around 10am de time (8 9 whatever UK) a lot of activity
Bowjob: ;;eightball Is this the end for bitcoin?
Bowjob: The eightball has spoken!
pizzaman1337: kakobrekla: I'm not really relevant, but most of the time I'm over there
Bowjob: Everyone quit panicking, its just a few blocks. Tomorrow, we shall see $50
Chaang-Noi: davout> Chaang-Noi: approx 12 blocks difference
kakobrekla: pizzaman1337 i was just messing with gesell
gesell: Bowjob: im not paniking. just aknowledging that the market is filled with a significant number of people investing more short term that will panik
gribble: BTCUSD ticker | Best bid: 39.00000, Best ask: 40.00000, Bid-ask spread: 1.00000, Last trade: 40.00000, 24 hour volume: 99762.92721491, 24 hour low: 38.01051, 24 hour high: 48.46900, 24 hour vwap: 45.12452
smickles: wiggzz: the additions funds needed would probably come from mpbor
wiggzz: say you write a put at 21, with USDBTC at 40, required collateral is 0.525 BTC?
wiggzz: but if USDBTC drops to 1, payout is 20 USD which would be 20 BTC... way more than required collateral?
smickles: wiggzz: the mpbor assumes the risk of mpex options
assbot: [MPEX] [O.BTCUSD.P430T] 1000 @ 0.14725493 = 147.2549 BTC [+]
assbot: [MPEX] [O.BTCUSD.P450T] 1000 @ 0.17572879 = 175.7288 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 40.86787592 / 51.57005239 / 53.25215905 (no shares, 9,546.76 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: BTCUSD ticker | Best bid: 37.90000, Best ask: 38.00000, Bid-ask spread: 0.10000, Last trade: 38.00000, 24 hour volume: 101521.68067860, 24 hour low: 37.90000, 24 hour high: 48.46900, 24 hour vwap: 45.00561
mircea_popescu: wiggzz that issue is taken care of by a little insurance premium on oputs issuance
mircea_popescu: and in exchange i settle puts in fiat in case of utter collapse
gribble: There are currently 33593.186 bitcoins demanded at or over 31.0 USD, worth 1149514.37586 USD in total. | Data vintage: 0.0061 seconds
assbot: [MPEX] [O.BTCUSD.P430T] 1000 @ 0.15522008 = 155.2201 BTC [+]
assbot: [MPEX] [O.BTCUSD.P450T] 1000 @ 0.18486613 = 184.8661 BTC [+]
assbot: [MPEX] [O.BTCUSD.P390T] 1000 @ 0.1040628 = 104.0628 BTC [+]
assbot: [MPEX] [O.BTCUSD.P410T] 1000 @ 0.12826263 = 128.2626 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 40.86787592 / 51.57005239 / 53.25215905 (no shares, 9,546.76 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
smickles: mircea_popescu: is that unchanged on the 7day?
gribble: BTCUSD ticker | Best bid: 37.80000, Best ask: 38.00000, Bid-ask spread: 0.20000, Last trade: 38.00000, 24 hour volume: 101597.26956421, 24 hour low: 37.80000, 24 hour high: 48.46900, 24 hour vwap: 45.00044
mpexbot: smickles: {u'7d': {u'cnt': u'', u'min': u'4086787592', u'max': u'5325215905', u'vsa': u'954675808260', u'vsh': u'no', u'avg': u'5157005239'}, u'30d': {u'cnt': u'', u'min': u'', u'max': u'', u'vsa': u'', u'vsh': u'', u'avg': u''}, u'1d': {u'cnt': u'', u'min': u'', u'max': u'', u'vsa': u'', u'vsh': u'', u'avg': u''}}
wiggzz: bitcoin.clarkmoody.com down...
dub: nicely scaling there gox
kakobrekla: so gox is turning in historcial btc chart reading site
Bowjob: how much will BTC drop by do you think
kakobrekla: serious tranders dont suffer shit like this
assbot: [MPEX] [O.BTCUSD.C410T] 7 @ 0.12612881 = 0.8829 BTC [-]
gesell: kakobrekla: first, im sorry this is all happening. im sure it is ruining some peoples day. but why do you see it as a mtgox problem?
Chaang-Noi: pigeons see my link, i found that helpful
smickles: gesell: traditional markes shut down at times like these
kakobrekla: do you go to your FX broker to get it?
dub: whats a time like this for traditional markets?
kakobrekla: or do you go on the trading floor yourself
assbot: [MPEX] [O.BTCUSD.C450T] 1 @ 0.17769942 BTC [-]
gesell: kakobrekla: sorry, im not following
assbot: [MPEX] [O.BTCUSD.C450T] 9 @ 0.12120114 = 1.0908 BTC [-]
assbot: [MPEX] [O.BTCUSD.P390T] 1000 @ 0.10590572 = 105.9057 BTC [+]
assbot: [MPEX] [O.BTCUSD.P430T] 1000 @ 0.15775711 = 157.7571 BTC [+]
assbot: [MPEX] [O.BTCUSD.P410T] 1000 @ 0.13044382 = 130.4438 BTC [+]
gribble: BTCUSD ticker | Best bid: 36.68160, Best ask: 38.00000, Bid-ask spread: 1.31840, Last trade: 38.00000, 24 hour volume: 105824.64907266, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.68534
Bowjob: Are we allowed to do transactions
smickles: it might be risky on the chain tho
gesell: i dont know, im not a fan of kill switches so i'd like to see bitcoin-dev's learn from this so that similar bugs in the future can be handled without shutting anything down
Bowjob: I can sell coins now at 38.50 now
Bowjob: before this shit blows out of proportions
gesell: ;;goxlag-but-make-it-intersting-please
gribble: Error: "goxlag-but-make-it-intersting-please" is not a valid command.
smickles: gesell: i think most btc exchanges are anti-killswitch
assbot: [MPEX] [O.BTCUSD.P370T] 1000 @ 0.08420338 = 84.2034 BTC [+]
gribble: BTCUSD ticker | Best bid: 39.01138, Best ask: 40.00000, Bid-ask spread: 0.98862, Last trade: 40.00000, 24 hour volume: 107876.01377001, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.55733
gesell: question... so just curious would the initial errors that 0.7 clients were reporting (
http://sourceforge.net/mailarchive/message.php?msg_id=30587843) that sipa mentions, would those just be bug reports to bitcointalk or to sourceforge bug tracker or? just curious where alerts of such issues before its plastered everywhere would come from
gesell: did anyone see where this first started and was coming to the surface?
the-bucket-shop: blockchain.info is still scrolling satoshidice bets. I wonder which blockchain
dub: they only disabled payouts
gesell: i wonder if apart from the discussion about soft limits, we will also start to see features that give more oversight and regulation, even if more symbolic than bernanke like. such letting bitcoin-dev patch or blacklist more quickly or perhaps at will
assbot: [MPEX] [O.BTCUSD.P750T] 23 @ 0.86122741 = 19.8082 BTC [+]
Bowjob: Aight, I guaratneed 75 BTC to be sold at.. $2799
Bowjob: lets see what happenes
dub: gesell: the attitude of the dev team has always been that bitcoin is their little science experiment and its not intended for production
Uglux: <satoshinakamoto> I'm back to save the day
gesell: dub: i dont think my statement disagress with that at all. just looking at new horizons for the experiment
dub: you're going to have a hard time selling these guys oversight
gesell: dub: i agree. if it comes though it would be slowly and with a different label
gribble: BTCUSD ticker | Best bid: 42.60000, Best ask: 42.65559, Bid-ask spread: 0.05559, Last trade: 42.60000, 24 hour volume: 109984.04612509, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.45198
gesell: this event is fascinating actually
vampireb: not recovered, there still a fork.
gribble: BTCUSD ticker | Best bid: 42.60000, Best ask: 42.72770, Bid-ask spread: 0.12770, Last trade: 42.60000, 24 hour volume: 109893.67866310, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.44885
gribble: Current Blocks: 225452 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 339 blocks | Next Difficulty In About: 1 day, 21 hours, 12 minutes, and 0 seconds | Next Difficulty Estimate: None | Estimated Percent Change: None
gribble: Next Price Estimate: 46.86 | Next Price In About 3 days, 1 hour, 50 minutes, and 34 seconds
gribble: One would be wise to think so.
Bowjob: erm, i shoulda asked a yes or no q
gesell: blacklistblock = regulation. though peer agreed. which is fascinating because we do not have such language in traditional finance
gesell: or we do but a bit more abstracted and not so clear as it is here
kakobrekla: pres B for left side and S for right side
Bowjob: Maybe Satoshi is looking from afar
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.03000, Bid-ask spread: 0.03000, Last trade: 44.00000, 24 hour volume: 111563.57296537, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.44028
gesell: just for the record the drop started at 2:41am GMT+1 (had some logs)
davos: Bowjob: I'd rather put money on satoshi being 2 or 3 people over in -dev
Bowjob: ;;eightball Is Satoshi Nakamoto 1 person?
gribble: What are you asking me for?
gesell: "(04:04:59) gmaxwell: jeffgarzik is /msging me telling me that jgarzik is an imposter." --- heh, and people still have the heart to troll. oh internets
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00000039 / 0.00000053 / 0.00000053 (50897 shares, 0.00 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
smickles: mircea_popescu: what's up with that?
mircea_popescu: just... the weight of the calls sold is so much heavier than the weight of the puts bought just now
Bowjob: so its still bullish btc?
smickles: mircea_popescu: isn't it off by about 8 digits?
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 39.89104856 / 0.00000053 / 53.27237035 (50897 shares, 0.00 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 39.89104856 / 53.82025731 / 53.27237035 (50897 shares, 0.00 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mpexbot: mircea_popescu: your blog fails to load
BitHub: how many hours till next asicminer divy?
topace_: jesus whats going on with the blockchain??
kakobrekla: bitcoin split, price crashed all while you were takign a piss
BitHub: safe to recieve payments again?
smickles: you ought to wait until the .7 (short) chain grows longer than the main chain
smickles: and some miners are still adding to the main chain
ThickAsThieves: Schrödinger's BitBet - This bet will have more total BTC bet on Yes than on No before it closes.
smickles: and there is still confusion among the devs
BitHub: so if someone sends me coins now they're gone for good?
ThickAsThieves: the bet has a fault, or a bonus depending on how you look at it
kakobrekla: imho they will be respendable with the longer chain not containing that tx
kakobrekla: which mean a few bitbets will have to be invalidated
kakobrekla: >The risk is small because this is not a network split-- transactions are being sent to both sides of the chain split, and it is unlikely (but possible) that somebody could get two versions of the same transaction into the two sides of the chain.
smickles: < BitHub> so if someone sends me coins now they're gone for good? << no, it's up to which chain it's included in
kakobrekla: totoally oposite of bitcoin in general.
mircea_popescu: and it is unlikely (but possible) <><< yeah. they know.
mircea_popescu: what is the barrier to entry to this, make two txs,b roadcast it to two diff nodes.
gribble: BTCUSD ticker | Best bid: 45.01000, Best ask: 45.89900, Bid-ask spread: 0.88900, Last trade: 45.00000, 24 hour volume: 119265.24377758, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.50395
topace_: how can you tell if your bitcoin daemon is on the right chain?
smickles: topace_: as a regualr user, i dunno. but it'll switch over automatically when the .7 chain is longer
mircea_popescu: you just emit txs. the miners add them on their mempools
smickles: right now, you can 'bitcoind getinfo' and look at the height. current 'wrong' chain is at 225453, .7 is at 225442
smickles: kakobrekla: but the differenc will be more and more difficult to tell soon
mircea_popescu: good luck getting the miners to accept a 14 block loss
smickles: mircea_popescu: some arn't, the largest pools are
mircea_popescu: kakobrekla it prolly destroyes those unfortunate fucks that paid out on the 0 diff
smickles: mircea_popescu: it mined a block sized larger than 250k
mircea_popescu: the wrong chain is lionger yet you're telling me the miners are moving.
smickles: the wrong one mined a block which .7 clients couldn't see
dub: good day for not being the guild pool op
smickles: mircea_popescu: look at blockchain.info, the major pools are mining an orphaned chain
kakobrekla: well bitbet seems to be on the right one
smickles: the orphaned chain is the 'right' one
mircea_popescu: let me guess... so the longer chain is the wrong one. because that's why it's longer
smickles: yeah, gotta love all those peeps encouraging the pool ops to mine blocks larger than 250k b/c of SD
smickles: they mined on the 'wrong' one for some time b/f peeps realized there was a problem
smickles: now the 'right' one is trying to catch up
Bowjob: i thoguht its solved already
mircea_popescu: i love the various people on bitcointalk trying to move the conversation
smickles: Bowjob: they have a band=aid fix, revert to the old chain
mircea_popescu: anything and everything shall be discussed, but god forbid someone gets bitchslapped
Bowjob: and i hope everyone is actually mining on the 0.72 chain
gribble: Current Blocks: 225453 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 338 blocks | Next Difficulty In About: 1 day, 21 hours, 4 minutes, and 0 seconds | Next Difficulty Estimate: None | Estimated Percent Change: None
smickles: if i had enough coins to justify it, i might run one of each
smickles: ya know, there's a chance this band-aid fix won't work, the .8 chain looks like it might be going faster than the .7
error4733: BFL_Josh : 11 March 2013 Update : Say what you want about BFL, but we make ASICs look good.
Bowjob: They make Avalon look good
Bowjob: heck, Avalons come with gloves
assbot: [MPEX] [O.BTCUSD.P730T] 15 @ 0.81355 = 12.2033 BTC [-]
Bowjob: watching this is entertaining as fuck
PeterL: The 'right' chain is definately catching up to the 'wrong' one
PeterL: I think in the past hour the 'right' chain has gone up 5 blocks, the 'wrong' one has gone up 2
smickles: ah, i think i screwed up my look at it then
smickles: they're still 9 blocks from forcing the switch
PeterL: how will this outage affect satoshiDice share price?
Bowjob: bt we're winnign at least
assbot: [MPEX:S.DICE] 1D: 0.00530001 / 0.00551785 / 0.00569996 (11580 shares, 63.90 BTC), 7D: 0.00300001 / 0.0051045 / 0.006 (200407 shares, 1,022.98 BTC), 30D: 0.00300001 / 0.00614247 / 0.0069 (2518785 shares, 15,471.58 BTC)
smickles: PeterL: it was the anti-SD'ers who forced this issue
smickles: yeah, but not now. it could've undergone more testing
mircea_popescu: it just takes some firm adherence to coding principle.
smickles: so you think there should be no limit?
mircea_popescu: they need to go through the whole code and take out all the bs of the sort.
mircea_popescu: the (undocumented) limit to client tx size for instance, is not.
Bowjob: Satoshi envisioned 100 GB per day
gesell: jesus multiplied 7 fishes
Bowjob: he had fishes under the table
smickles: btcguild gunning for 5 in a row now
smickles: ya know, it's quite possible that there is only one electron in the whole universe
jborkl_: better not tell the protons
smickles: the protons can't tell one electron from the other anyway
mod6: depends on the scale. at the plank scale everything is a different
mod6: so there is a 1mb limit now?
dub: no theres a 250k limit
smickles: mod6: i thought all electrons were indistinguishable as far as our best tech can tell
smickles: and the wiki says that electrons can't be distinguished even in principle
mod6: if its on the internet it must be true
smickles: it's stuff i recall from studying science tho
dub: <smickles> PeterL: it was the anti-SD'ers who forced this issue
mod6: im not trying to troll, i don't know srsly.
gribble: BTCUSD ticker | Best bid: 44.64974, Best ask: 44.87125, Bid-ask spread: 0.22151, Last trade: 44.88000, 24 hour volume: 126419.84432523, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.49347
smickles: dub: this would not have happened now if people were not encouraging pool ops to raise the soft limit on block size because of 'satoshiDice spam'
dub: uh they had to raise it
dub: because of the dice spam
smickles: or after it got caught in testing
dub: the soft limit was hit
smickles: mircea_popescu: they do do a little on the testnet, it's just that the queue of stuff to test is long, and noone want's to help out
gribble: Time since last block: 1 hour, 3 minutes, and 12 seconds
jurov: uff, coinbr back online
dub: smickles: yes it was raised to accomodate dice
smickles: mircea_popescu: 23 minutes on the .7 chain
smickles: dub: we weren't hitting the softcap that offten
dub: smickles: yes we were, there was 4000 unconfirmed txn when the call went out to up the limit
dub: smickles: it became a problem when dice increased their fee
dub: pushing everyone else out of the way
smickles: hmm, i recall there being thousands of unconfirmed txns for months and months
dub: smickles: yeah dice txns
dub: which everyone was used to living with, when it suddenly turned into mom and pop's txns taking days to confirm somethign had tobe done
dub: yes but they didn't know that
mircea_popescu: not like iot says right there, "put a little tx fee, it helps the network" etc
dub: so sayign teh anti-dice crew are responsible is wrong
smickles: dub: i can see that we disagree, but i don't think the limit should be raised until the necessary txfee is unreasonably high
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 39.76255342 / 44.74483325 / 53.27237035 (65320 shares, 22,376.48 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
smickles: dub: and i don't think i said they were responsible, i said they forced the issue
dub: anti-dice would be work to exclude their tsn not increas the limit
smickles: some were saying that, some were saying raise the limit
benkay: what's the mtgox lag command?
gribble: Error: "lag" is not a valid command.
benkay: what was the delay between blockchain fork and broadcast?
mpexbot: smickles: 0.0727469921112 seconds
dub: was there an alert sent to 0.8? I don't see it in .7
mpexbot: mircea_popescu: 0.103024959564 seconds
smickles: benkay: it was less than 6 block according to one claim by someone in -dev
benkay: they have a fancy website
benkay: oh wait, you said "humiliating"
benkay: i hope morgan and co drop the ball hard
benkay: be a shame to see the us consolidate under their iron grip
topace_: bitcoind listtransactions bitches abotu safe mode, is there a way to tell it to just show me the transactions anyways?
ThickAsThieves: i cant see wall st investing in something that is controlled by devs in IRC
mpexbot: mircea_popescu: 0.104865074158 seconds
pigeons: topace_: bitcoind -disablesafemode
gribble: Error: "wallstreet" is not a valid command.
Ukto: topace: at least you didnt freeze trading :D
topace_: yea, no need to do that :p
Ukto: i found that funny >,>
assbot: [MPEX] [O.BTCUSD.P370T] 1000 @ 0.08731834 = 87.3183 BTC [+]
Ukto: i suppose its an okay response to kneejerk reaction
assbot: [MPEX] [O.BTCUSD.P390T] 1000 @ 0.10970785 = 109.7079 BTC [+]
smickles: geez, we're still 9 blocks from a re-org
Ukto: having tie-ins with ozco's systems, and others, my system keeps a close eye on all transactions lol
Ukto: only those pools who were properly setup/unefected continue
smickles: mircea_popescu: we had a double top and a crisis. we're going to 2
Ukto: who didnt set their block size to 1bazillion
benkay: mircea_popescu: what are you calculating there?
topace_: 225445 still the top of the 0.7 ? my 0.8 client still shows 225453
benkay: what's the 1.109? interest rate?
benkay: shit this is embarrassing.
topace_: smickles:so the 0.8 clients wont switch until the height is more?
topace_: cool im going to bed then, lol
smickles: yeah, still 8 blocks different
gribble: Time since last block: 1 hour, 31 minutes, and 55 seconds
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.38403908 = 384.0391 BTC [+]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.34210801 = 342.108 BTC [+]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.30194268 = 301.9427 BTC [+]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.26374232 = 263.7423 BTC [+]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.22771516 = 227.7152 BTC [+]
smickles: mircea_popescu: i only have a self taught understanding of technicals and i see it, so people who trade on technicals probably see it too and are taking action
assbot: It says some pelt-wearin' trapper, some stinkin' bean-suckin' possum skinner, he's gonna collect that reward money.
mpexbot: pizzaman1337: 0.0712060928345 seconds
the-bucket-shop: peter - if satoshi dice can land some press out of this, then probably there will be some more betting next few weeks.
mod6: omg she is just gloating over here lol, she's been calling 'em mario coins since day one.
mod6: she's like, "oh gonna go play more dungons and dragons 'eh...."
mod6: and now shes gloating
the-bucket-shop: mp s.dice grows too large for bitcoin sounds way better than "bitcoin is forked" btc people who talk to the press have no option but to blame satoshidice very loudly.
maximian: good thing this happened now and not when the market cap is $5B
mircea_popescu: maximian if the idiots hadn't put in the 250k limit it would have jhappened and been resolved in 2011
mircea_popescu: when you know... 1 single block would have caused it, it'd have been immediately noticed but no forking
the-bucket-shop: I'm sure this stuff will happen at $5B too. that's like the size of the New York School district
assbot: [HAVELOCK] [SDICE] 1 @ 0.5949999 BTC [+]
Chaang-Noi: mp the idots was satoshi, he just assumed we would change it later
mircea_popescu: the-bucket-shop basically it will happen indefinitely for as long as we have a devteam that mostly works at trying to play government.
mod6: he's not an idiot. he was very smart, if these new idiots can't hack their way out of a wet paper sack, thats not really his fault.
Chaang-Noi: in the frist few months someone could ahve attacked it with spam and killed it, who is to say that would not have happened?
Chaang-Noi: i agree it should ahve been changed by now
Chaang-Noi: but having it in the first place was a good idea
mircea_popescu: if it gets to the point where i am raising objections and they make sense
Chaang-Noi: honestly this issue is one of the reasons i went so hard core into ltc
Chaang-Noi: faster blocks can fit more transactions
Chaang-Noi: also i have more faith in the ltc pools to change this cuz it is a small network now
Chaang-Noi: we can fix it with out too much issue, and i ahve been trying to get peole to move
pigeons: well the bdb index lock bug isnt only triggered by pure # of transactions
Chaang-Noi: pigeons it is size of the blocks right?
gribble: BTCUSD ticker | Best bid: 45.01200, Best ask: 45.35277, Bid-ask spread: 0.34077, Last trade: 45.42658, 24 hour volume: 129864.74982214, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.47226
pigeons: to say that litecoin is in anyway better on this issue is ridiculous
assbot: [MPEX] [O.BTCUSD.P550T] 275 @ 0.38399185 = 105.5978 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 275 @ 0.34205951 = 94.0664 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 275 @ 0.30189328 = 83.0207 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 275 @ 0.26369245 = 72.5154 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 275 @ 0.22766534 = 62.608 BTC [-]
gribble: BTCUSD ticker | Best bid: 45.01200, Best ask: 45.42580, Bid-ask spread: 0.41380, Last trade: 45.42600, 24 hour volume: 129868.46652021, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.47196
benkay: how are the chain size and this recent fork related?
pigeons: benkay: not chain size, block size
Chaang-Noi: pigeons you have not explained what you think the issue is yet you say what i said is silly... it is hard to attack a point you wont state
benkay: what's this referring to: mircea_popescu: maximian if the idiots hadn't put in the 250k limit it would have jhappened and been resolved in 2011
mircea_popescu: prevented the underlying problem of the db from being discovered
mircea_popescu: until that moment when a perfect storm composed out of a db upgrade and the limit removal
benkay: oh i see, chain size and this fork i are idiots
mircea_popescu: this could have easily been avoided by simply not relying on magic numbers.
mircea_popescu: and it will ever be the case that whenever code contains a number based on an assumption
benkay: developers hate unconstrained systems
assbot: [MPEX] [O.BTCUSD.C410T] 3 @ 0.15129407 = 0.4539 BTC [+]
kakobrekla: it can be constrained to 2tb for start
topace_: Bowjob: cavirtex is only 3% to start with, its volume based... pretty easy to get down tto 1%
mpexbot: smickles: 0.10756111145 seconds
Bowjob: dont i get charged per trade?
Bowjob: so I have to keep trading until I bring it down to 1%
pigeons: yeah it was .5% for its first couple years but couldnt make any money + scammers
pigeons: that interac email transfer thing was a mistake
Bowjob: mhm yah thevolume isnt that high on virtex
mircea_popescu: Chaang-Noi the something bawwwfull crowd... btc goes 15 to 45, they're like whelp
mircea_popescu: bitcoin goes 45 to 40 for 15 minutes... omg MUST MAKE ALL THE POSTS
mircea_popescu: tomorrow it'll be like... what, nothing happened. so what if it's 50. doesn't prove anything
Chaang-Noi: mp yeah 15 to 45, then a short dip to 38 and they are like, told you its over, lulz
Bowjob: whos mining on badchain
gribble: Time since last block: 9 minutes and 53 seconds
gribble: Time since last block: 25 minutes and 29 seconds
mircea_popescu: so what's best case scenario here, something like 16 blocks chain orphaned ?
mod6: oh looks like btcguild got another
gribble: Time since last block: 27 minutes and 9 seconds
gribble: Current Blocks: 225454 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 337 blocks | Next Difficulty In About: 1 day, 23 hours, 34 minutes, and 35 seconds | Next Difficulty Estimate: 4838985.15316 | Estimated Percent Change: 10.78577
Chaang-Noi: back to 27, oh lulz btc. how you troll us
gribble: BTCUSD ticker | Best bid: 46.46002, Best ask: 46.75436, Bid-ask spread: 0.29434, Last trade: 46.93566, 24 hour volume: 134874.62479342, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.53366
Bowjob: im not sure how to interpret the data
Bowjob: so.. are we all good then?
Bowjob: who is mining on 0.8 then?
mircea_popescu: bitcoin devs to stop all development of new versions, work on bitcoin specification exclusively, then release one cleanned up bitcoin version.
mpexbot: mircea_popescu: 0.110903978348 seconds
Bowjob: BFL should atone for their sins and mine with the ASICs if they have them and help save the network
ThickAsThieves: overall this still lowers difficulty next round a little right?
maximian: Bowjob the network is being saved right now…. it's just taking some time because hashing power is split between two chains.
ThickAsThieves: and a portion of the hashing is still going to dead blocks
Bowjob: yeah but who is mining on 0.8 still?
ThickAsThieves: so this is good for asicminer(s), they get an extra day of lower diff, maybe more
BitHub: whens the nev div due?
gribble: Current Blocks: 225454 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 337 blocks | Next Difficulty In About: 1 day, 23 hours, 34 minutes, and 35 seconds | Next Difficulty Estimate: 4838985.15316 | Estimated Percent Change: 10.78577
mircea_popescu: ThickAsThieves they are the largest losers mining on dead chain
BingoBongo: Interesting how p2pool was supposed to "prevent network centralization" seems to be doing the job...
Bowjob: so basically if i get this right, those mining on 0.8 are wasting their time
Bowjob: by "main" you mean 0.7
BitHub: any press conference release statements from the devs yet?
ThickAsThieves: essentially btcguild and the other big ones are doing a 51% attack
mircea_popescu: ThickAsThieves and it's not trivial to get the fuck off .8
kakobrekla: eleuretheria or whatever wants his coins back
Bowjob: next release should be 0.9
ThickAsThieves: too bad for him, but maybe now he'll have better protocol for changing his software
Bowjob: gah btc is very complicated lol
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 39.70080218 / 44.63179932 / 53.27201335 (66598 shares, 22,713.19 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
kakobrekla: mircea_popescu he wants to do these meta bets
mircea_popescu: well whatever he wants, if you don't see it in a day it's prolly been rejected
rodeo: Once the ophaned chain take over again BTCguild will get > 10 blocks I wounder how they will credit it
mircea_popescu: ironic that the end result of the Luke-Jr & co group of idiots starting their little jihad on s.dice
mircea_popescu: will be the extinction of their c++ only "refernece" implementation and in general the end of their centralist chokehold on bitcoin
mircea_popescu: i guess the lesson here is that programmers have no business arguing with financiers.
gribble: Time since last block: 49 minutes and 1 second
Chaang-Noi: last 3 blocks were prphaned, ??? not good?
assbot: [MPEX] [S.BBET] 100 @ 0.00181 = 0.181 BTC [+]
maximian: just two more blocks and it'll be the main chain
Bowjob: ah.. btc-e. I lose my mind on that trollbox
kakobrekla: at least we had some good drama ya know
Bowjob: so thats it? crisis averted?
maximian: now come the personal attacks, panic selling, etc
rodeo: I thought the ending was a bit anti climatic
gribble: BTCUSD ticker | Best bid: 45.05186, Best ask: 45.05187, Bid-ask spread: 0.00001, Last trade: 45.05187, 24 hour volume: 136276.60628425, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.54592
maximian: big forks have happened before, not really a big deal
BingoBongo: It's not the ending. It is the opening chapter in the Latest DLC. BitCoin: Mission Standardization
Bowjob: I printed an order page for topace, but then hes like nope. dont transact
Bowjob: so my free option didnt work out
maximian: the tech blogs will have a field day with this. orgasming over the opportunity to spread some FUD
maximian: I think we can expect the exchange rate to be depressed for a while.
Ukto: well, as I stated before.. weex wallet is the perfect example of correctnes
Ukto: wonder what other sites are like :P
gribble: Time since last block: 1 minute and 50 seconds
ThickAsThieves: so will there be a mass selloff afte rpeople get their btc to gox?
maximian: yeah, lots of nervous nellies out there
gribble: BTCUSD ticker | Best bid: 43.99646, Best ask: 44.00000, Bid-ask spread: 0.00354, Last trade: 44.00000, 24 hour volume: 137786.72229724, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.54643
maximian: people who don't understand the system… pure speculators
Bowjob: I'm watching from coinlab
pigeons: you're at coinlab? or coinlab has an actual product out?
pigeons: cant be fancier than clarkmoody?
Bowjob: I'd let the bears have a go at it for now
BingoBongo: I imagine there's a large low information"Investor" population that through inertia or ignorance recognizes what a small hiccup this should have been... When they start looking for people to inform them though....
pigeons: just waiting for you to reboot
Bowjob: wheres that gif of this anime chick drinking coffee
BingoBongo: I'm making a trip to the Pawn Shop tomorrow and loading up on fiat for the opportunity that should arise these next few weeks. The DFI I use is indicating a "correction" to $15-$35 within 2 or 3 weeks, confidence interval of 66.7%
pigeons: partly cloudy, chance of rain
pigeons: omg! bitcoin didnt die! buy!
gribble: BTCUSD ticker | Best bid: 44.16000, Best ask: 44.43000, Bid-ask spread: 0.27000, Last trade: 44.54000, 24 hour volume: 137292.69111752, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.50843
BingoBongo: Lulz Jeff G, How many support threads on that forum have ended in essentially: export your private keys and import into X software other than what you have been using
Bowjob: If felt that we would have a tremendous rally today this bug didnt happen
Bowjob: oh well. i'll take what i can
BingoBongo: A software neutral specification has been needed for too long
BingoBongo: I give it probably 3 years for a full move from code control to stardardized and documented.
BingoBongo: There's the long fight over what the spec is, and then theres the awkward grace period until the spec forces people to leave the old code controlled version (unless crisis compells it earlier)
midnightmagic: Probably not going to happen. People like mystical chains-of-heredity.
midnightmagic: It's in their nature--right beside the part that thinks god talks directly to them.
BingoBongo: Some things are more powerful than heredity
midnightmagic: The magic Satoshi? You think the huge number of sociopaths running bitcoin are interested in an outside non-mystic taking the reins?
midnightmagic: people who use bitcoin are the people I'm talking about.
midnightmagic: they are who create the economy which bitcoin encompasses.
mircea_popescu: WHY ARENT the bitcoin police doing anything about these DDOS attacks?
midnightmagic: correct, they don't. the thing is a lot of them know that, so what do they do? social proof. and they pick a guy (like satoshi) and decide he is the nearest thing to god.
midnightmagic: You know for someone who complains about it so much I'm surprised you're taking such an interest in leading a takeover.. :-)
Ukto: btw, bitfunder is 100% online. withdraws/ deposits
Ukto: you guys do okay? :)
BingoBongo: mircea_popescu Not at all. Maybe tie the definitive switch to standards only to the next halving? God is gone so let's send things to committee.
mircea_popescu: midnightmagic im not leading anything, but i'm not standing for nonsensical crap either.
midnightmagic: You're trying to suggest you could be the lead of a Real bitcoin replacement. :)
mircea_popescu: not really. but i am saying that the current stuff has to go.
mircea_popescu: i said the moment devs try to act like priests and leverage the obscurity of their bad code into political theosophy... they're screwed.
mircea_popescu: i guess they don't read english any better than they read their own code.
midnightmagic: Actually, the reference implementation was never meant to be the end-all canonical version. Satoshi always hoped someone would write a properly-funded, properly engineered client and it would become the canonical client.
midnightmagic: I see no examples of political theosophy. You clearly have something in mind: out with it. :)
mircea_popescu: if you recall, this all started with people knowing which transactions are good.
midnightmagic: I don't see how a rationale (which Satoshi himself started, btw, by requesting that Wikileaks not use bitcoin yet,) is the snowball accretion of full-blown theosophy.
BingoBongo: And mircea_popescu many will probably try to sweep it under the rug as LevelDB is broken, because it isn't BerkelyDB. You're on the right track, but I think this was probably the wrong error...
mircea_popescu: midnightmagic wrong step on satoshi's part. let it be broken, rebuild. why protect it ?
midnightmagic: Currently, the best choice is sipa's blacklist patch, as it allows us to remain on the faster 0.8 while still mining.
mircea_popescu: if it's good it will prevail. if it sucks it will just crack and something else will come out of it
BingoBongo: mircea_popescu the difference is probably how much they will try to reiforce their canon against sense...
midnightmagic: mircea_popescu: blockchain-destroying events tend to set back adoption progress amongst people who are afraid of what everyone else will think.
midnightmagic: mircea_popescu: the bootstrapping itself is still going on.
BingoBongo: "Good" bitcoin will probably have to overtake old by 51% As worse overtook bad tonight
mircea_popescu: look, like it or not, for this reason or for some other reason, bitcoin is at a point where you can't reasonably pour more moneuy into it
midnightmagic: BingoBongo: it will overtake depending on its technical and UX merits.
mircea_popescu: BingoBongo have you read the girl's explanation of why multiforks resolve and aren't a problem economically ?
BingoBongo: mircea_popescu I might have, I'll recheck her post history.
midnightmagic: BingoBongo: Think about it this way. uTorrent killed everything else on Windows.
mircea_popescu: in short : suppose chain forks into 3 different chains today, a b and c
mircea_popescu: if you had 10 bitcoins today prefork, you will have 10 a 10b and 10 c bitcoins after the fork.
mircea_popescu: if you sell b and buy a the price of all will go up and the price of b down.
mircea_popescu: eventually the fork resolves economically simply because mining costs money.
mircea_popescu: end of story. money itself is a centralising factor, and as such the slightest flicker amplifies
BingoBongo: Ah, this is kind of what I was thinking. I must have read without expressing the sentiment. I believe I've read similar on Trilema as well.
mircea_popescu: to be perfectly candid, many people involved in bitcoin are good honest and well meaning individuals, who know about things. usually those things are coding.
midnightmagic: crosschatter and high-bandwidth reorg battles would hurt individual consensus. presume the forks are all equal hashrate to begin with: due to the nature of POW, it would be far, far worse in terms of strength against attack.
mircea_popescu: midnightmagic no. because attacker wouldn't know which to attack.
BingoBongo: midnightmagic Win32 killed everything on Windows... Crosschatter happened before, some altcoin late last year did it (no halving fork) and had to be euthanized.
midnightmagic: you must presume technical acumen on the part of the attacker.
mircea_popescu: but selecting the coin to attack is not a technical problem.
mircea_popescu: and you must never presume political acumen on the part of anyone.
midnightmagic: also economical savvy (as all attackers I have seen have been extremely insightful economically)
mircea_popescu: if the devs were a little looser in the ass, would the sort of econ savvy attackers stay that side or join this side ?
midnightmagic: not godlike power, but intellectually perfect decisions, plus funded by $x dollars.
mircea_popescu: looser in the ass ? it means being used with being fucked in that orrifice.
midnightmagic: Yeah but what has that to do with anything? Is this your way of saying you're done arguing?
mircea_popescu: suppose buttcoin has some devs that think all usecases are equally valid, and dorkcoin has some devs who believe using the coin for gambling is spam.
mircea_popescu: suppose there is one attacker such as you've modeled him.
Anduck: selling ASICMINER @ 0.76
pigeons: by the way people dont think using bitcoin for gambling is spam, they think using bitcoin transactions to signal a lost bet is spam
midnightmagic: I'd preferentially attack the ones who appeared to be more philosophically aligned with the notion of attack.
mircea_popescu: same thing pigeons. as long as you're making that call your ass is too tight.
midnightmagic: Also, if the money is on the side of the all-use-cases-are-valid (i.e. gambling and drugs, hypothetically) then obviously the money is where the attacker goes.
pigeons: ok maybe we should just encode files and upload them to the blockchain ala namecoin too
mircea_popescu: midnightmagic not so. you will be surprised to find attackers routinely forego hitting higher payoff cooler targets
mircea_popescu: pigeons if we shouldn't, there should not be call for doing it.
midnightmagic: mircea_popescu: Well, not in my personal experience. But perhaps that's out-of-date these days.
midnightmagic: The gambling servers at least are very popular targets. Extorting them is almost a Russian pastime.
mircea_popescu: that;s brancing the discussion off the germane path tho
pigeons: alpaca socks can only pay so much ransom
midnightmagic: Even btcexpress preferred to leave his attacks on the altcoins.
mircea_popescu: sure, irrelevant ventures aren't part of the discussion, if bitcoin stays alpacca we're wasting our time with these concerns/
midnightmagic: .. but you defined the two choices earlier. I'm not agreeing that the choices match reality. I'm just hanging out in your hypothetical land because you invited me.
mircea_popescu: midnightmagic that's fine, but you pervert the choices when you add riders such as "one is really vanishingly small"
midnightmagic: Well if that's not what you meant, perhaps you should define things more narrowly. :)
mircea_popescu: just leave it stand as it is. the theoretical response to a 51% attack is that the attacker would make more by mining.
mircea_popescu: the same applies ideologically too. the network won't get attacked for as long as it manages to not stupidly offend.
mircea_popescu: keeping money ideologically neutral, implementing the old pecunia non olet
mircea_popescu: is the main strategic purpose of having a devteam in the first place.
midnightmagic: I think gpumax is the counterexample to that assertion (that they'd make more by mining)
mircea_popescu: i don't think so. gpumax dissapeared with pirate, as the sane people were saying back in february 2012.
midnightmagic: nah it's not. It's an example of hashrate for sale, and successfully for sale for that matter.
assbot: [BTCTC] [CRYPTO-TRADE] 5 @ 0.2 = 1 BTC [+]
midnightmagic: More likely it was a side-business for coin laundry, but none of the miners could ever (far as I know) figure out where the coins were coming *from*.
assbot: [BTCTC] [SYNERGY] 1 @ 0.076 BTC [-]
assbot: [BTCTC] [GSDPT] 4 @ 0.00524 = 0.021 BTC [+]
Ukto: looks like trading on btct is back
assbot: [BTCTC] [COGNITIVE] 3 @ 0.18 = 0.54 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 25 @ 0.00193 = 0.0483 BTC [+]
Bowjob: Massive sell off occuring
gribble: BTCUSD ticker | Best bid: 42.50000, Best ask: 43.00000, Bid-ask spread: 0.50000, Last trade: 43.00000, 24 hour volume: 143829.74796654, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.38319
Bowjob: well, i watched it from 45, drop to 42.5 .. i see each cent dropping
Ukto: Native LTC deposit/withdraw supported. "And as always. Has good day."
kakobrekla: unaffection comes to bitbet so naturally i wont be posting any signes.
gribble: BTCUSD ticker | Best bid: 41.51000, Best ask: 41.99900, Bid-ask spread: 0.48900, Last trade: 41.99900, 24 hour volume: 146092.87031245, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 44.35230
mpexbot: mircea_popescu: 0.147304058075 seconds
assbot: [MPEX] [S.MPOE] 5 @ 0.00073163 = 0.0037 BTC [-]
assbot: [MPEX] [S.MPOE] 5539 @ 0.00073162 = 4.0524 BTC [-]
assbot: [MPEX] [S.MPOE] 456 @ 0.00072543 = 0.3308 BTC [-]
mircea_popescu: In Australia, IPv6 adoption is almost non-existent, reports Josh Taylor.
mircea_popescu: "It's about as bad as everywhere else on the planet, I guess, with the single exception of Romania," Asia Pacific Network Information Centre's chief scientist, Geoff Huston, said in an interview with ZDNet Australia.
Anduck: selling ASICMINER @ 0.76, pm me if interested (at btct.co ASICMINER-PT asks are at 0.7699)
Namworld: I offer 0.03% daily on funds here.
gribble: BTCUSD ticker | Best bid: 43.41654, Best ask: 43.41666, Bid-ask spread: 0.00012, Last trade: 43.50000, 24 hour volume: 166958.61630911, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 43.77197
jborkl_: It is holding up well considering what a collosal fuck up this was
Namworld: It wasn't that colossal... just a little forking
Namworld: The miners voted which would be used going forward
smickles: yeah, and it's not likely that many lost btc due to incidental double spends
Troic_: it could have been colossal, if the pool ops weren't so cooperative
jborkl_: That they encouraged people to change the block size and not knowing it was going to break BDB was a big fuck up
MJR_: Namworld: what is your bonds URL again?
smickles: Troic_: beauty of the system, they have a financial incentive to cooperate
smickles: jborkl_: I do wish they had tested .8 better. tis could've been caught
mircea_popescu: jborkl_ the idea is strong, the implementation horrible
Namworld: they can still mass object to changes and refuse... but the longest chain will be the one with most miners.
mircea_popescu: in a sense this backhandedly proves how strong the idea is
Namworld: The issue is not in .8 at all...
smickles: gavin had admitted to testing 500k blocks
Namworld: No amount of testing would have found the issue. .7 would have needed to be tested.
mircea_popescu: any statement that claims "no amout of testing" is a lie by its nature
smickles: Namworld: depends how you look at it no? the iss presented with the interaction of .8 and .7
smickles: something gavin was testing, just not toroughly enough
Namworld: The issue was in .7, if they tested .8 forever, they'd never have found the issue if they didn't use .7 in the testing.
mircea_popescu: obviously not the amount of testing they were willing to do in between chat session and harassinfg the userbase found it
jborkl_: I ran .7 and .8 versions, If I had run testnet and made a 1mb block I would have most likely broken .7
smickles: Namworld: gavin said he would've caught it if he had tested a larger block on the testnet
mircea_popescu: smickles gotta give props to gavin, he's one of the few that are actually contrite enough.
smickles: he only tested 500k blocks, and it happened on a 900k block
Namworld: I'm not saying it couldn't have been found, I'm just refuting that doing more testing on .8 would have given any result.
mircea_popescu: unauthoritatively my it says berkley seems to choke in this case over about 10k records
jborkl_: really, only test a part of the code against itself?
Namworld: I know... but people everywhere say that .8 should have been tested more so the issue would have been found.
mircea_popescu: nobody is saying "shouldhave been tested more by itself in a vacuum"
jborkl_: I just solo mined on .72 again last night until it was all figured out- I knew I kept .72 around and running for a reason
smickles: Namworld: i believe they do test for interaction with older versions
mircea_popescu: jborkl_ i've always been slow to upgrade, specifically for lack of faith.
MJR_: Namworld: I think what they mean is that part of testing a new release is testing it's interactions with other versions for backward compatiblity
Namworld: Don't you get it? I'm trying to refute people who think the issue is with .8 and that .8 alone should have been tested more...
jborkl_: Yeah, me too- I don't like being the first to change- bit me too many times
Namworld: Not that more proper testing would not have found the issue (proper with many versions). That more testing of .8 alone would have not changed anything.
Namworld: This is the only thing I'm trying to say.
smickles: personall, i include previous version interaction in the testing of one version
smickles: so it's a silly argument :P differences in definitions
mircea_popescu: the issue is with berkley db, which was on the way out
Namworld: THAT'S EXACTLY WHAT I'M FUCKING CLAIMING THAT THE ISSUE AIN'T ON .8!
jborkl_: people were all up in arms about having 80 to 1000 unconfirmed transactions waiting. with NO testing, people made larger blocks - that broke BDB
Namworld: I'm talking about people making such claims... not about me making the same claims =/
jborkl_: It could have been handled and implemented properly
mircea_popescu: <Namworld> No amount of testing would have found the issue.
Namworld: @smickles: some people even claimed they sticked to an old version specially because of potential such issues with new versions when .8 wasn't the source of the problem. If they had switched it would have been an non-issue. We've reverted to accomodate the bug in .7 and not to leave people behind.
jborkl_: .8 should be used, but we are holding back so poor people with shitty connections and shitty hardware can still be here
Namworld: mircea: I was referring to testing of .8 alone. I'm made an omission in it. I've been trying to correct myself for like the last few minutes =/
MJR_: lol, you know people can run either version and change the size of blocks they can accept or mine
imsaguy: the problems is that other people accepted it
Namworld: I hate it when I forget something in a sentence and I'm getting argued against for 10 minutes when I have the same point of view as the one arguing against me.
imsaguy: so even if you didn't allow it, someone else did
imsaguy: and then your client chokes
imsaguy: and you get stuck and don't get any new blocks
imsaguy: mircea_popescu: Namworld is usually arguing with himself.
Namworld: That's new. I don't recall that.
Namworld: No. Maybe every month or the other.
jborkl_: They have identified it as .BDB has a limit and can be broken. .8 does not have a limit and seems fine. Lets move back to the broken
mircea_popescu: i enjoy arguing with him mostly because he seems to go about things in a totally different way than anyone else
mircea_popescu: which is a great way to become a laughingstock, sure, but also a great way to find obscure bugs.
Namworld: Actually I find you go about things in a different way than anyone else...
MJR_: can't you change your code in .7 to accept larger blocks?
imsaguy: .7 can already accept larger blocks
imsaguy: bdb can't handle the locking
Namworld: Almost all misunderstandings on Bitcoin IRC are with you. I usually go about quite well with almost everyone else.
mircea_popescu: Namworld almost everyone else doesn't have much to say.
imsaguy: I'm glad I'm not almost everyone else
jborkl_: The problem glaring from this, now a obvious major problem is here and can be exploited again.
MJR_: has anyone ever said "bitcoin-assets is great but I just wish it had as much drama as bitcointalk.com"
Namworld: I think you are very literal on what sentences mean and interpret as little as possible. You avoid making too many inferences during a conversation so even small omissions can result in misunderstandings.
mircea_popescu: Namworld certainly. this way misunderstandings are found early.
gribble: usagi was last seen in #bitcoin-assets 6 days, 23 hours, 17 minutes, and 59 seconds ago: <usagi> do it
imsaguy: does he still owe people coins?
Namworld: If it was a written text, I might make less omissions. When chatting tho, I type fast and usually omit things.
mircea_popescu: actually... what if usagi and eskimo bob joined forces
imsaguy: sounds like a methlab waiting to happen
jborkl_: put both of their ideas on how to make money together? 1+1=still is 0
Namworld: Only bob I know around these parts.
mircea_popescu: this seems to be the contemporary brain disease, people reading stuff they don't understand here and there, mashing it into a sort of compound
Namworld: I think being heavily dependant on miners is actually what Satoshi wanted... miners vote with their hashing power... That's exactly how the system is supposed to work.
jborkl_: I like Death and Taxes response
Namworld: and devs can consult with mining pool when changing limits and send a warning so everyone upgrades directly to the client, should they want to make a change to allow scaling.
ThickAsThieves: they will still need to hard fork us again at some point, no?
ThickAsThieves: so does that not give malicious people a specific time in the future to plan for?
Namworld: But with proper warning and support from the community for the change, only the few not switching are left behind.
mircea_popescu: just the puppy eyed idiots don't quite get what happened so raw raw we love devteam
Namworld: what kind of malicious stuff might there be?
mircea_popescu: that's not how this works, "o, what bad stuff could happen?"
jborkl_: Well, first of all they need to plan the change sooner than later
Namworld: No, I mean malicious stuff from knowing ahead of time about a fork.
Namworld: Other than double-spend attacks
Namworld: But really, merchants/miners can plan ahead if they know. It's better if it's known in advance than not.
mircea_popescu: knowing in advance there will have to be a hard fork is a weakness of the system.
benkay: centralize us on a single buggy broken blatform
mircea_popescu: and incidentally, i wonder what OTHER exploits are there for berkley
mircea_popescu: that were illustrated by this but aren't limited to lage blocks
benkay: and for people who have trouble keeping up with the technical times, the costs are going to be higher next time
assbot: [BTCTC] [PAJKA.BOND] 20 @ 0.1 = 2 BTC [+]
Namworld: That's pretty much unavoidable.
mircea_popescu: benkay the top pool is pretty much bankrupt now, is it ?
benkay: market dominance is never an indicator of technical competence
mpexbot: mircea_popescu: 0.116768121719 seconds
benkay: what is mpexlag calculating?
Namworld: MtGox is pretty much constently lagging.
mircea_popescu: the lag to talk to mpex, through a remote and a local proxy
benkay: to the order-parsing system?
ThickAsThieves: so i know they me seem ignorant, but just thinking out loud, is there not a way to make the bitcoin software part of the blockchain itself?
mircea_popescu: it takes .11 seconds for an order to go from bot to remote proxy -> to local proxy -> to trade engine and back
mircea_popescu: it takes .11 seconds for an order to go from bot to remote proxy -> to local proxy and back
benkay: what kind of volume would your trade engine have to see before it started lagging?
benkay: assuming you don't mean btc testnet?
mircea_popescu: (this has to be sustained at that level for an hour or so for things to start feeling it)
smickles: benkay: i could have it place an order, to test, but the problem would be cancelling that order later
mircea_popescu: mpex could trade on beenz if i wanted to, it's completely btc agnostic.
smickles: mircea_popescu: would a better measure be sending a bunk order?
mircea_popescu: once i get the rest online, can you measure the lag for the entire $proxies list ?
mircea_popescu: the way mpex works you get the trade engine lag printed rioght on each stat
ThickAsThieves: any thoughts on somehow tying the bitcoin software to the blockchain itself? dumb idea?
smickles: ThickAsThieves: what purpose would it serve?
Namworld: Would be catastrophic... no more voting on what changes you want
Namworld: Basically, someone controls Bitcoin
smickles: yeah, right now, users 'vote', miners 'vote'
imsaguy: you can always compile your own bitcoin software
smickles: ThickAsThieves: but you don't have to go along with them
imsaguy: you vote with what you use
Namworld: Yeah. But almost the same if software upgrade is forced through the blockchain itself. Not sure how that could even work tho
imsaguy: you take the bitcoin.org reference software
imsaguy: and they say 'this version isn't good after block X'
imsaguy: you've just put an expiration date on the software
imsaguy: I'm not advocating they do this
smickles: where's the statics on what version people are running, i think there are a bunch still on .3
imsaguy: but I don't know how often it updates
imsaguy: ThickAsThieves: Its on the of problems with Microsoft
imsaguy: they keep trying to support the morons that refuse to update
imsaguy: if they cut people off cold turkey, they could cut a lot of hackjobs added to make old software work with the new stuff
smickles: Luke-Jr: updated reasonably well?
Luke-Jr: [17:22:20] <Luke-Jr> it's realtime
imsaguy: smickles: he said realtime
imsaguy: is realtime reasonably well?
Luke-Jr: [13-03-12 17:24:00] 1784/529458 available (520270 tried in 61095s, 9164 new, 24 active), 177 banned; 1692328 DNS requests, 112840 db queries
smickles: ThickAsThieves: look, about 2.45% of the network is using .3 still
imsaguy: Luke-Jr: could you make one that's futuretime?
Luke-Jr: imsaguy: draw a big circle and write 1.0 in the middle?
smickles: imsaguy: compile your own from .8 but modify it to say that it is 1.0
ThickAsThieves: i'm just stuck on meta thoughts lately, i think its lack of sleep
ThickAsThieves: make bitbets about bitbet! put bitcoin software on blockchain!
imsaguy: I am one of the unidentifieds
assbot: [BTCTC] [CRYPTO-TRADE] 10 @ 0.2 = 2 BTC [+]
iz: ThickAsThieves: *picture of xibit holding a picture of xibit*
kakobrekla: anyone having any txes hanging in the air?
mircea_popescu: until someone figures out how to trigger the berkley bug with a smaller block
gribble: BTCUSD ticker | Best bid: 45.01770, Best ask: 45.01771, Bid-ask spread: 0.00001, Last trade: 45.01771, 24 hour volume: 171261.27579910, 24 hour low: 36.65000, 24 hour high: 48.46900, 24 hour vwap: 43.77026
Anduck: any btct.co admins online?
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7 = 7 BTC [-]
gribble: Josh_Rossi was last seen in #bitcoin-assets 1 day, 16 hours, 7 minutes, and 19 seconds ago: <Josh_Rossi> pretty sweet
pigeons: today I downloaded .7 and have been patiently waiting for my blockchain to download, im not sure if I will continue refunds or just buy a big crack rock and smoke it in a cave some where but I am totally offended by this scammer tag
mircea_popescu: so he couldn't do refunds all through february because the devs borked transition to .9
pigeons: "if I was a scammer I could be living it up easy some place warm instead of braving the same upstate new york winters I have been for 30+ years"
mircea_popescu: well... let's just hope gavin sends him the correct lists then
pigeons: "If anyone has any idea how I can buy a large amount of bitcoins please message me. The largest amount I can buy from bitinstant is $500 worth ive looked and looked and its near impossible to make a large bitcoin purchase anywhere."
mod6: to everyone else .... PEACE AND LOVE
mircea_popescu: devs say berkeley is broken. it is fine. they forgot to configure it.
mircea_popescu: this is possibly the worst case of "hi i am calling to report a bug" bungled tech support ever.
mircea_popescu: pigeons i fear it'll take me a little to digest this one
pigeons: you can configure it to use more locks, so far that seems to work just uses a lot more ram but works
mircea_popescu: the proof of something awful's general cluelessness/irrelevance is the low level mock articles they're pushing out.
mod6: yeah BDB has been a thorn in dev's side for a decade. but sounds like this time they forgot about a landmine they already stepped on once before.
mircea_popescu: mod6 bring me up to speed, what exactly is the objection ? it is widely deployed and consequently well debugged by now
mod6: BTC needs a CVE or something or some sort of post mortum.
assbot: [HAVELOCK] [SDICE] 5 @ 0.57575758 = 2.8788 BTC [-]
mod6: mircea_popescu: its not really an objection.
mod6: its just something to be cautious of
mod6: so many problems over the years
mod6: i couldn't possibly remember them all
mod6: im just depressed about this shit
mod6: i was thinking about the gox issue...
mod6: and perhaps what we need is something like rootservers for fiat->btc exchanges
mod6: dns has root servers worldwide to resolve requests. thinking that maybe btc could do well to have like 10-13 worldwide exchanges all independant of eachother.
mod6: not that all the code should be the same.
MJR_: but also...those root servers have children
pizzaman1337: kakobrekla wants something like the way fx is setup
mod6: root servers don't keep the same code either, not exactly anyway, this way it prevents a simutaious attack against all
mircea_popescu: mod6 it would be good to have many exchanges, but there's problems with getting that to work in p[ractice
mircea_popescu: because exchanges concentrate liquidity and people chase liquidity
mod6: this will help distrbute the load of exchange, and then btc wont have 1 place to look for price signals.
MJR_: well, one thing is that instant settlement is going to be harder and harder to scale
mircea_popescu: few people involved actually have enough finance knowledge to get it going yet.
mircea_popescu: Mar 11 09:18:00 <mircea_popescu> ok, it's like this. suppose the three main dealers are A, B and C.
mircea_popescu: Mar 11 09:18:13 <mircea_popescu> chair X calls the meeting. X proposes price, say 47.5
mircea_popescu: Mar 11 09:18:27 <mircea_popescu> a, b and c go through their books, see what customers want, see what they want on their own account
mircea_popescu: Mar 11 09:18:45 <mircea_popescu> then they say. a buys 50k usd. b sells 25k usd. c sells 70k usd.
mircea_popescu: Mar 11 09:18:52 <mircea_popescu> 25 + 70 > 50k so its not fixed
mircea_popescu: Mar 11 09:18:58 <mircea_popescu> x has to call a lower price now
mircea_popescu: Mar 11 09:19:00 <jurov> ah that kind of meeting you mean
mircea_popescu: Mar 11 09:19:08 <mircea_popescu> now a b and c review their books
mircea_popescu: Mar 11 09:19:14 <mod6> think i just need to add some sleep time....
mircea_popescu: Mar 11 09:19:27 <mircea_popescu> this process is called fixing, it's widely used to obtain a price.
mod6: and fixing this block size thing is kinda crazy. its like you know when you get a UDP request to your DNS server and the reply from the Zone is > than the max size of UDP, it rolls over to tcp
MJR_: well, again I think that could happen on a larger scale...
pgp: credit lines between exchanges to allow cross exchange arb would be an important start...
mod6: i don't think im smart enough for this stuff.
MJR_: pgp: again instant settlement is not sustainable
kakobrekla: the first important step, realizing that.
pgp: this would also require something akin to DTCC (depositiory trust clearing corp) where every exchange is a member and keeps money on deposit...
MJR_: or even wise...since cold storage =\= instant
mircea_popescu: pgp that could easily be implemented using the mpex push for isntance
mircea_popescu: or independently, but pgp is a good solution to keep it safe.
mircea_popescu: problem is every exchange wants to act as if in a vacuum, because
kakobrekla: the problem is exchange ops are retarded
mircea_popescu: the problem with bitcoin in general is the userbase is dumb.
MJR_: well not educated financially
mircea_popescu: devteam, miners, pool ops, exchange ops, everyone is... you know... draftees
MJR_: you would be surprised how many financial wizards have trouble using email
pgp: yes - with the exception of bitfloor, it doesn't seem that these exchanges are run by anyone familiar with how "real" exchanges (and clearing operations) actually work...
mod6: i got trolled so hard by my gf for this shit yesterday
MJR_: so you need people who are tech AND finance savvy
mod6: we're the laughing stock
mircea_popescu: pgp bitfloor, the guys currently owinfg like 900x what they'll ever make ?
MJR_: well...last I checked there was only one exchange that hasn't been hacked
pizzaman1337: so what is the "proper" way to run an exchange? where can I read about this?
mircea_popescu: pizzaman1337 this ain't knitting we're discussiong here man.
MJR_: well, paranoia does not an efficient market make
mircea_popescu: pizzaman1337 no but srsly, this is the sort of thing people pay in the 100's of k's for,
MJR_: it is pretty sad that the biggest exchange can't handle orders in less than 5 min
pizzaman1337: well, there must be some info on it somewhere that I could get access too
mircea_popescu: MJR_ mpex doesn't do fiat tho, so it's kinda moot for this problem
MJR_: don't know of anyone getting hacked for fiat
mircea_popescu: what's sad is that they take ~5k a month in hardware costs to process 8k trades in 30 minutes
mircea_popescu: if we scale this liniarly we discover it'd cost more than it's worth to have ti trade
MJR_: I meant the bitcoin exchanges
pgp: for starters, most all exchanges today pay you to add liquidity to their book - the so called "maker-taker" fee model.
MJR_: exactly what pgp said
mircea_popescu: pgp the reason is they're mixing bizdev with the fee schedule.
pigeons: mjr_ where have you been? bitininstant lost usd a few days ago
pigeons: what about bitcoinica? what about every single one?
MJR_: they stole usd from the servers
pgp: moreover, because like asset exchanges belong to the same "clearing clubs", they can route orders to one another to ensure "best execution" for their customers (while, of course, charging for that convenience)...
mircea_popescu: pigeons wait. didn't bitinstant lose the BTC on vircurex ?
MJR_: front page hackers used DNS to steal 12000 worth of BITCOINS
mircea_popescu: usure ? cause i wrote about this and iirc shrem was saying btc
pgp: they weren't using two factor auth with that exchange...
pizzaman1337: "Overall, due to major choke points and redundancies in our system, the hacker was only able to walk away with $12,480 USD in BTC, and send them in 3 installments of 333 BTC to bitcoin addresses."
pgp: you can lead a horse to water
MJR_: they listed the loss in dollars, but you can't send cash over a wire
MJR_: anyway I think there is a ton of room for competition to mt gox
mod6: there needs to be at least 3
mod6: all independant of eachother that aren't scams
MJR_: but even better opportunity for someone to route flow between exchanges
MJR_: lol, not being scams is key
mod6: if they were modeled after mpex, that'd be a start
MJR_: I really think a gpg based order system would be nice
mod6: not the SAME code, but similar to avoid attacks upon a weakness found in one
mod6: similar to rootservers
mircea_popescu: mod6 one of the key reasons why i keep the code closed.
mircea_popescu: people would just mindlessly replicate it (see bitfinex) then we'll be well fucked
MJR_: but also...I really think node and branch will be needed
mod6: and really... the UDP (TCP when needed) is a model that the guys should be looking at to solve this blocksize issue
mircea_popescu: in a sense mpex is constructed exactly opposite of how bitcoin is constructed.
mod6: any thoughts on that? anyone know what I'm referring to?
mircea_popescu: keep the specification open and the implementation proprietary
mircea_popescu: versus the keep the specification equal to the unreadable codebase.
MJR_: know exactly what you are talking about
jcpham: you access mpex through open standards
MJR_: I wrote a program to monitor how often we need to fail over to TCp for our data feeds
jcpham: how it works is not your concern
jcpham: unicorns are definitely walking in hamster wheels though
MJR_: I think it's multicast tcp?
MJR_: I think bitcoin-assets is the bleeding edge of the bleeding edge
jurov: mod6, how would UDP help in blocksize issuie?
MJR_: when you think that people on coinbase are probably still in the innovators (before 18%) stage...wow
pigeons: really? its second to -otc in stupid
pigeons: all your fancy exchange routing will be done via ripple
MJR_: I can't remember your exact quote mircea_popescu but something like "if you want to use crypto currency but don't understand cryptography..."
mod6: jurov: we can learn a thing or two, perhaps, about how DNS solves the issue. UDP is meant to be fast, and arbitrarily large since forward/reverse zones can contain an large amount of entries.
assbot: [BTCTC] [B.YABMC] 1 @ 0.00755 BTC [+]
mircea_popescu: mod6 of course, the blockszie issue wasn't hitting the transport layer
MJR_: I think a central clearing corp, that only needs to transfer the diff between exchanges will be the best way
mircea_popescu: look what happened in ny when the clearing corp got flooded
mod6: but when the size of UDP gets over 65,535 bytes (need to double check), it simply converts it to TCP and sends it that way. something can be learned from this, nothing more.
pigeons: mircea_popescu: cause people are transitioning from doing it via the private standalone django app to the new ripple but it is being done now
mod6: im not saying about the transport, or anything
mod6: im simply saying, look at how this problem was solved
mircea_popescu: pigeons on superficial analysis ripple seems just the place where the curerent bitcoindev rats will sucrry to
pigeons: yes perhaps, but currency liquidity flowed throug it before and will continue too,
mod6: i dunno, i guess i'd have to spend some time in there. and the client needs to be combed through
jurov: mod6, maximal packet size (or MTU) is hard fact baked into ethernet from the beginning, not some broker earlier implementation
mod6: slice and dice shit out of there that needs to be replaced.
mircea_popescu: mod6 actually once you're done with the iphone app, a very good use of someone's time is to go through the codebase and summarize it
MJR_: mircea_popescu: what iphone app?
mod6: i never wanted to touch bitcoin's client or anything else because the #bitcoin-dev is filled with pompus retards
mod6: so i'll just my retard ass out of there
jurov: mod6 good for ya. i did touch it and it didn't hurt.
jurov: but maybe i'm just crazy, going into anything
jurov: without such considerations
mod6: i'd love to take the time to audit that shit, but who wants to fight with LukeJr and the others?
mod6: aint noone got time for that
kakobrekla: oh i read that "in summary the coinbase is defenetly useful" and got a heart attack almost
MJR_: ain't no one got time for that indeed
mod6: yeah. its way out of hand
jcpham: i'm doing much better in the poll today
jurov: mod6 i'm not interested in arguing. if i had time, i'll do a fork with some very useful function and wait for them to come
jurov: cuz it's fork of bitcoind
mod6: or you just cloned and went forward?
jurov: wasn't hard... couldn't understand why that function isn't exposed already
mod6: yeah, its WAY too large imho
jurov: prolly they don't have time to test properly xD
mod6: thats obvious to everyone in the world who pays attention
mod6: they should back away after this
jurov: well, they preferred to entagle themselves in multisig txs at the time
jurov: incidentally, they still don't have sane interface, too
mircea_popescu: i am still steaming over the fact that i can't create abitrary size txs
jurov: lmao DUE TO OVERWHELMING REQUESTS we had to remove PayPal & Local Pickup options.
jurov: yes, only nonreversable nonpersonal means. fyr maximum security.
mod6: for starters who does this? Dbc* pcursor = db.GetCursor();
mod6: i just hate looking at the client code. maybe its just their style.
mod6: its like: Dbc *pcursor = db.GetCursor();
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3449 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.345 = 0.69 BTC [+]
mod6: at least the SSL code they copied looks to be better: BN_CTX *ctx = NULL;
mod6: ok i gotta walk away for a bit and think about this some more.
mod6: i still <3 you guys tho :)
benkay: mircea_popescu: what do you mean by arbitrarily-sized transactions?
assbot: [BTCTC] [SYNERGY] 1 @ 0.076 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.076 BTC [-]
Anduck: and pay a huge fee of.. 0.1 btc!!
mircea_popescu: and more importantly bitcoind doesnt die with "failed to create transaction"
mircea_popescu: this sort of shit belongs in onboard code for vibrating dildoes at the most.
Lyspooner: what about those of us who have been running 0.9
benkay: it's a transient state. frustrating to be sure.
benkay: especially to those of us accustomed to flushing idiots out of systems with economics.
benkay: you mentioned something about the dev team starting work on a spec?
benkay: would you point me at that?
assbot: [BTCTC] [CRYPTO-TRADE] 3 @ 0.2 = 0.6 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.724999 BTC [+]
mircea_popescu: sipa jgarzik: have we seen a block which affected 5000 transaction index entries?
assbot: [BTCTC] [COGNITIVE] 1 @ 0.18 BTC [-]
Lyspooner: The Church of Bitcoin and the Vatican Bitcoin Foundation have met Luther Popescu
mod6: so can we rewind the tape just a bit...
mod6: didn't this happen or something very similar to it before?
mod6: like on upgrade from version 4 to 5 or something? there was a night where they did an upgrade and the similar thing happened.
assbot: [BTCTC] [S.DICE-PT] 87 @ 0.00559 = 0.4863 BTC [+]
mod6: i gotta look through btctalk for that *sigh*
mod6: awe fuck it, i guess that's long ago anyway.
jurov: mircea_popescu one thing i don't understand, you aren't going to hire any devs yourself cause it isn't worth the conflict and drama?
jurov: what do you plan to do, then?
mod6: it shouldn't be up to one dude to pay for all this shit...
mircea_popescu: and ideally remove the current devteam's license to release new clients.
jurov: and who will do the spec? have any allies to do it together?
mircea_popescu: then once we have spec they can fix their fucked codebase and release a proper client
mod6: i just feel like, this should be like a HACK THE PLANET type thing, and people who want this to work will make it work.
mod6: im not sure what planet these guys are on, but if this is their baby and they have commitbits to the most widely used full-node base, they aught to make sure it functions correctly.
mod6: anyway, drives me up a wall, I'll tell you. :)
assbot: [HAVELOCK] [SDICE] 2 @ 0.574 = 1.148 BTC [-]
mircea_popescu: jurov anyway, the problem isn't as much the drama, but moreover that a single-source codebase is both non-bitcoiny and suspect.
mircea_popescu: but i think if we can get one (or ideally multiple) people to summarize the code
mircea_popescu: this wouldn't take much longer than a few weeks for a first draft, which can then be argued and refined
mircea_popescu: in my experience any devteam resists such an effort like cats resist washing, because coders love to write but hate having to read code.
mircea_popescu: hiowever, once it's complete there's a few day's worth of facepalming and going "wait, we are doing W?HAT ?!"
assbot: [HAVELOCK] [SDICE] 1 @ 0.57577575 BTC [+]
mod6: this is a solid plan.
assbot: [HAVELOCK] [SDICE] 1 @ 0.57999999 BTC [+]
mircea_popescu: of course it has to first get the cat into the washing machine.
assbot: [HAVELOCK] [SDICE] 6 @ 0.58 = 3.48 BTC [+]
jurov: well, i'd love to and have no problems to read others code.. just that i'm neck deep elsewhere atm.
mircea_popescu: why it's called open source after all, sits there and waits for when / who has time for it
jurov: oh, that happens with all opensource without paid devs
mircea_popescu: a. i hire someone. well... this opens the political problem of "oh, he's mp's puppet".
mircea_popescu: b. i set up a prize which anyone may claim. well... this opens the idiocy problem of "oh, I don'tneed his money, what does me take for, a starving artist????"
mod6: right. no, this needs to be something that is adopted by the users of the system.
mircea_popescu: + "it's not enough" drama + trying to get the pruize with as little work as possible etc
jurov: just hire someone. this muppet argument will ensue but code/doc will remain in the end
jurov: i remember something like with linux and redhat
jurov: maybe i'll hire amir taaki.. he'll do gladly for food and shelter
mod6: well, i think this bitcoin project is again an "ALL YOUR BASE ARE BELONG TO US." type of thing.
jurov: mod6 what outer space metaphors are you onto again....
dub: so this fucking agent calls me in yesterday to show the same offer as last week, only on paper
mircea_popescu: jurov i bet you i can tell you have just by reading his output
dub: because numbers look different than they sound obviously
benkay: what are you taking offers on, dub?
jurov: lol the vride isn't up to specs
mod6: So, what I'm saying is, I think it's a really good thing to create a spec, and then everyone can punch eachother in the nuts over it until its perfect. This is the way to go.
benkay: there will eventually be an incentive for the miners to disregard devsquad
benkay: in retrospect, i'm a little surprised they didn't this time
mod6: I think, at least for myself, every time I had to write a paper, or have written some code; I've gone back the next day or at some later date and done a `wtf?'
mod6: even the other night, i wrote that code quick that worked. i mean, it kinda worked, in the way that it fucked a donkey.
mircea_popescu: the btcguild people got fucked for ~2k btc because of it.
mircea_popescu: this keeps up, soon enough idiots will not have the dough to keep going
mod6: but then you know, you review, you think about it, you make changes and it gets better.
benkay: it's a painful process
benkay: dunno if i agree about that.
jurov: mod6 yea but if you don't painstakingly document it it just won't go past some threshold
benkay: i don't optimize for pain.
Lyspooner: where'd the 2k btc figure come from?
mod6: i've said that before. but usually my code works too.
jurov: yes bitcoind usually works, too
mircea_popescu: Lyspooner they lost ~1.2k because the new .8 redownloaded the chain and they autopaid miners submitting as if low diff
benkay: i optimize for pleasure within my in-group, and i let the rest of the world experience their own mistakes.
mircea_popescu: they lost a further however much cause of discarded blocks
Lyspooner: mircea_popescu were they auto-paying miners with coins older than 120 blocks since mined?
mircea_popescu: yes, the op was quite clear about having lost the 1.2k
Lyspooner: anything faster than 120 blocks is the ops fault
Lyspooner: they are paying miners with fresher coins than is safe
mircea_popescu: as the blockchain was being downloaded, the difficulty was corresponding to very old blocks, ie, very low.
jurov: Lyspooner pools attract noobs on fast payouts, is that surprising for you?
mircea_popescu: as miners submitted current work, they were paid for their share of contribution to that low difficulty
Lyspooner: maybe i misunderstand mining pools' payouts. but if i do work now, i shouldn't be paid until t+120
mircea_popescu: and speaking of that 120... YET MORE MAGIC NUMBERS FUCKING HELL
Lyspooner: but that's the risk that mining pool ops assume
jurov: kakobrekla you didn't got doublespended on smpake.com?
mircea_popescu: Lyspooner not detachedly from the general "trusting devteam" risk
mod6: (13:35) < jurov> mod6 yea but if you don't painstakingly document it it just won't go past some threshold << documentation is amazing
mod6: i've read tons of technical manuals. i quite like the strangely.
mod6: but... it doesn't have to be 50 volumes to be helpful either.
mod6: cause the source speaks volumes itself
mod6: but there can always be a little guidence on how it is designed, why something is implemented the way it is, etc.
mod6: i feel like we need a bitcoin RFC
assbot: Quest for vision is a great blessing.
gribble: BTCUSD ticker | Best bid: 45.97092, Best ask: 46.00000, Bid-ask spread: 0.02908, Last trade: 46.00000, 24 hour volume: 179859.80684158, 24 hour low: 36.65000, 24 hour high: 48.39999, 24 hour vwap: 43.75220
maximian: market doesn't seem terribly concerned about about all this
jurov: and seeing evoorhees, "blockchain forks. satoshi dice not affected" i guess
maximian: SatoshiDice bet sizes not being affected by the exchange rate is a nice surprise
jurov: that would be funny if satoshidice kept functional on both sides of the fork
mircea_popescu: idiot parade is lucky that evoorhees is a sweetheard, even if they treat him like dirt.
mod6: (12:08) < mircea_popescu> mod6 actually once you're done with the iphone app, a very good use of someone's time is to go through the codebase and summarize it
mod6: (12:08) < mircea_popescu> that;s usually a good step towards specification.
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00559 = 0.1118 BTC [+]
mod6: maybe bitotter can wait
mod6: cause i feel like i want to clone and start going through this thing again. last year, I made a shit load of my own changes to get it working on freebsd properly.
mod6: anyway, I'll pull to linux and go through the code.
mod6: i wont start by making any changes to the source, just review it as I can.
mod6: yall should be doing the same thing.
mircea_popescu: if you only start them, work for some, then start new one... lot of wasted work man.
assbot: [BTCTC] [PAJKA.BOND] 20 @ 0.1 = 2 BTC [+]
assbot: [BTCTC] [LTC-MINING] 1 @ 0.39 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.1987 = 0.3974 BTC [+]
mircea_popescu: spec stands to code in the same relationship contract stands to trade.
mircea_popescu: you can have trade without contracts but it's a recipe for disaster.
Lyspooner: i understand it only metaphorically now
assbot: [BTCTC] [BTC-BOND] 24 @ 0.00999 = 0.2398 BTC [+]
mircea_popescu: P T Barnum's Magical Trading Cards & Bitcoin Esoteric Foundation ?
Lyspooner: I was thinking: The Bitcoin Best Guess Foundation
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.1 = 0.5 BTC [+]
dub: heres some low hanging fruit for you mircea_popescu. <pjorrit_> we really should get a SD on testnet
dub: you aren't on a quest to rescue bitcoin from mediocraty?
dub: shivving a few poindexters more your speed
gribble: BTCUSD ticker | Best bid: 44.52000, Best ask: 44.55501, Bid-ask spread: 0.03501, Last trade: 44.55501, 24 hour volume: 182706.33065327, 24 hour low: 36.65000, 24 hour high: 48.39999, 24 hour vwap: 43.75828
Ukto: if I put a test bot trade announcer in here
Ukto: just announcing for now
Ukto: but would you stop whining about trades? :P
mircea_popescu: atm im goingthrough the summary of the bitcoin-dev session for the 12th
mircea_popescu: i don't think there's much hope for the current dev team, seriously.
mircea_popescu: anyone "upgrading" to any further crap they release is irresponsible from a business perspective.
mircea_popescu: we need an actual trustworthy bitcoin implementation asap.
Ukto: i think were better off with btc's team than nothing
mircea_popescu: atm bitcoin is forked, in the sense that some kids are in jerkoff lalaland
Ukto: i am not using their crap
Ukto: i am using a highly customized version
mircea_popescu: Ukto no, atm we'd be better of if everyone in devteam were under a bus.
Ukto: which is why I wasnt effected
kakobrekla: its really simple to implement, just ask the others.
Ukto: kakobrekla: will you write websocket support?
Ukto: i dont want systems banging on my webservers
Ukto: i just paid someone to write it
Ukto: since no one else can get with the times
Ukto: and stop using archaic technology
kakobrekla: ill make websocket when you have 10 trades per second consistently
Ukto: well now you dont have to worry
Ukto: same format for trade display
kakobrekla: the thing is there is one protocol by which all exchanges go
Ukto: then the other exchanges should move into the present
Ukto: sorry, but I know how to create platforms that dont buckle under load when they get a large userbase
Ukto: do it right the first time
Ukto: or just be a fuckup
FabianB: Ukto: how's a push from your system to assbot 'banging your server'? if i understand it right assbot doesn't pull from your servers
Ukto: enabling the 15sec call requests on the graphs on bf
Ukto: caused a laod increase of 5% on the servers
Ukto: with all the extra unneeded sql queries
Ukto: 380 requests every other second
mircea_popescu: there will be a trade freeze, should be no more than ~10 minutes, will be announced in advance
Ukto: about to turn on websockets for the browser
Ukto: will create no extra load
Ukto: and everything will work
Ukto: if you tell me no bot in here
Ukto: i will put it in #bitfunder
Ukto: and people can watch it there if they want
Ukto: i was trying to be nice and paid to have something done to make people happy
Ukto: i could honestly care less about it announcing in here
TomServo: mircea_popescu: do you have a link to the bitcoin-dev summary you're referring to?
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.1 = 0.2 BTC [+]
Ukto: i think your beig silly by not letting another bot
Ukto: one with no commands
assbot: [BTCTC] [PAJKA.BOND] 30 @ 0.1 = 3 BTC [+]
kakobrekla: you dont care but you care enough to bring another bot?
Ukto: just to make people happy
Ukto: otherwise its not my issue
Ukto: if the channel operator doesnt want it
Ukto: ppl want to see trades on irc
Ukto: they can do itwhever the bot is allowed
Ukto: mircea_popescu: you will need to join #bitfunder if you want to see the trades if he wont allow it
Ukto: otherwise i dont want to hear any more complaints about it
kakobrekla: the other exchanges had no problem intergrating
Ukto: kakobrekla: so you want me to make a custom GET/POST request script
Ukto: specially for your bot to bang every 5 seconds ?
kakobrekla: if a onliner means 'custom get post script' then yes
Ukto: that would never work then
Ukto: the server remains behind protection for a reason as not to have the ips given out
Ukto: twitter is not a person on irc
Ukto: and part of the btc community
Ukto: and thts prolly going to stop honestly
mircea_popescu: wait. jhow are you going to implement ipless websockets ?!
Ukto: mircea_popescu: i already todl you that
Ukto: the main servers ip
Ukto: only to the socket network
Ukto: it removes all load on information distribution
Ukto: I was discussing it with tux as well
Ukto: to lower load on the servers
kakobrekla: so the conclusion is Ukto cant afford a post per trade
Ukto: anywho, we were at a crossroads, i didnt want to custom for your bot because its really a waste of time when theres a simple method for it. I paid someone to make a work around. you say NO for no real reason. thas that
Ukto: i punch those pennies
Ukto: when it comes to load
kakobrekla: just a coder mircea_popescu, just a coder.
Ukto: and fwiw it took someone 10 minutes to make a websocket announcing bot.
kakobrekla: and it takes 3 min to post it to assbot
Ukto: but that doesnt solve the ip protection issue
Ukto: if this channel had 10,000 users i would care more
Ukto: it has about 25 active
Ukto: 30 ppl who lurk at any given time
Ukto: and none of them that respond to trades in here by jumping on an exchange and trading because of it
kakobrekla: nobody is forcing you so is all good, dont sweat it
Ukto: im not. just tired of people whining that they cant see the bf trades
Ukto: so i made a simple solution
Ukto: that causes no conflicts
Ukto: other than with you hehe
Ukto: i mean honestly, can you give me a good reason why different name cant say the same information?
Ukto: what if I manualyl paste them every time? will i get banned?
jurov: Ukto, what about tickers?
Ukto: jurov: not yet. just announcing
assbot: How can I be of assistance, my poor man?
Ukto: jurov: might be #bf only
kakobrekla: assbot is a standard in #bitcoin-assets , in other rooms there can be 252 bots having buttsex for all i care
Ukto: I dont want to override the "standard"
Ukto: but the sstandard is set in its ways
Ukto: its like nano said. if bitcoincharts stops updating its lists of exchanges, he would allow workaround to add new ones
kakobrekla: maybe some fan of yours will make a script that will listen to your socket and make posts
Ukto: so if this other person operates the bot and announces in here
burnside: Ukto, can I get api access to BF?
Ukto: burnside: the get/post api for bf is currently only opened to 14 ppl and being reworked based on suggestions. debating forcing it all to websocket at this point.
Ukto: for reasons I stated earlier
dub: we only do double standards here, its more efficient
benkay: ukto, this is your problem for not scoping market standards first
benkay: it's not our problem to conform to your preferred implementation
benkay: if you want trades seen by max people, publish in places they'll be seen.
Ukto: and i didnt care if they were seen in here or not
Ukto: so i made something
benkay: missed the whole lean startup movement
benkay: forgot your user research
Ukto: if its not wanted, then its not wanted
benkay: nobody wants your socket
benkay: just 'cause you dumped money into it doesn't give it value.
Ukto: they dont have to have it. :)
benkay: that's fine. your arrogance will cripple your business.
benkay: humility and egoless development will open the doors to users
Ukto: "no one wants your socket" "ok" "your arrogent" ?
benkay: you're going to have to articulate that argument a little more clearly.
benkay: Ukto: "no one wants your socket" "ok" "your arrogent" ?
Ukto: you say someone doesnt want something, I said ok. and you called me arrogent for it
Ukto: dont understand. :)]
Ukto: i agree, no one has to use the sockets if they dont want to
Ukto: i wont force it on anyone
benkay: don't have time to explain.
Ukto: then pm me another time and we can talk. :)
Ukto: i have none either.
benkay: except for an inherently limited user base watching your data feed :)
FabianB: sad my bet on bitbet "bitfunder won't announce in #bitcoin-assets by ..." wasn't accepted a few days ago ;)
FabianB: Ukto and kakobrekla just don't get along
benkay: implying bitbet only takes losing wagers?
Ukto: FabianB: nah, kako's fine
Ukto: i have no issue with em
Ukto: i just dont want to use post/get's (which i originalyl thought thats how it worked for the bot since i was never todl otherwise when asked about it)
Ukto: and b. i dont issue outbound connections from any of my servers. weexchange, bitfunder, etc
Ukto: ust a conflict of standards
mircea_popescu: benkay well no but it doesn't take wagers where one person can singlehandedly decide the outcome
FabianB: Ukto: not really with a proxy (connecting via websockets to bitfunder and posting to assbot)
benkay: don't trust the good who runs the assbot listening to mpex
benkay: man fuck the spellcheck on this client
Ukto: I guess i could have the guy change the bot
Ukto: to accept websocket announces
dub: just throw up the socket already and let someone else spend 3 minutes routing around your damage
Ukto: and then announce a POST to kako's bot
mircea_popescu: i have a never ending flood of actuall ddos since like the beginning of the month
kakobrekla: you can bounce it off the moon while you are at it
dub: mircea_popescu: its just someone sharing their packets with you bro
Ukto: kakobrekla: pm me the url and format to post the data
Ukto: or pm me a url to any documentation
jurov: Fatal error: Call to undefined function gnupg_init() in /home/polimedi/public_html/bitcoin/index.php on line 200
assbot: [HAVELOCK] [SDICE] 1 @ 0.57999999 BTC [-]
jurov: guess where it's from ;)
wiggzz: mpex.co... just checked hah
assbot: [HAVELOCK] [SDICE] 4 @ 0.58 = 2.32 BTC [+]
Ukto: forgot to install someting? ;)
Ukto: php and gnnupg. hated setting that up the first time
mircea_popescu: Ukto as you might notice, mpex.coinbr.com is doing fine
Ukto: now that its on a network that can handle things. jurov was scrambling like crazy to get things setup right
Ukto: i think it worked out great
Ukto: was happy when the live.coinbr graphs started working again. :)
jurov: why not? the beauty of unfinished things lol
smickles: oh that's what's fucking me up
dub: today bitcoins dev team is solving the problem of how to ignore people that call them names on the forum
TomServo: mircea_popescu: do errored links count against my weekly tally? :P
smickles: my guiclient is seeing that mpex.co is there so it's sending STAT's to that
gribble: BTCUSD ticker | Best bid: 44.11000, Best ask: 44.32800, Bid-ask spread: 0.21800, Last trade: 44.32800, 24 hour volume: 184334.05898785, 24 hour low: 36.65000, 24 hour high: 48.39999, 24 hour vwap: 43.73067
Bowjob: there goes my cheap coins
Bowjob: look at that LTC price rise
dub: [19:05] <theymos> Luke-Jr: On the subject of bitcointroll forum, I'm going to add a feature allowing you to mark your topics as self-moderated when you create them. In such topics, the OP can delete replies. That should solve some of your problems.
kakobrekla: prolly nobody knows cause the devs are all dead
dub: that is so fucking broken
smickles: oh, so the rise in ltc is just an emotional thing
Bowjob: ummm its risen even before the fork
smickles: dub: we must be able to silence the opposition
Bowjob: i sold 10k ltc on the way down, i thought i did well by minimizing my loss
smickles: (if that quote is to be believed)
smickles: so, with that quote, it's official. theymos is from soviet russia
mircea_popescu: i thought people were always able to delete their own crap on bitcointalk
smickles: the auction section is about to be awesome
smickles: or scam accusations, anything really
smickles: someone post evidence of you having stolen btc, just delete it
dub: only gmax actually wants him around
mpexbot: kakobrekla: 0.0897209644318 seconds
assbot: [BTCTC] [COGNITIVE] 1 @ 0.18 BTC [-]
smickles: this thing is going to rock on android (for those willing to put their privkey on their phone
smickles: aside from that, it's a very pleasing way to use mpex
pizzaman1337: I think it's measuring how far behind just the trading engine is
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.2 BTC [+]
Bowjob: IT appears that LTC will hit the dollar parity soon
gribble: BTCUSD ticker | Best bid: 44.00000, Best ask: 44.08000, Bid-ask spread: 0.08000, Last trade: 44.08000, 24 hour volume: 183524.02883802, 24 hour low: 36.65000, 24 hour high: 48.39999, 24 hour vwap: 43.69802
kakobrekla: is it me or is this far from dollar parity?
dub: and I've thrown away a bunch of ltc :/
dub: must remember to have a look for it
dub: so is assbot getting buttfunder feed or no?
dub: need better intel on when to dump asicminer
mircea_popescu: "TD that's why i don't understand people who say implementation diversity is a good thing. it's clearly not."
BitHub: i can buy a mining rig, yay
dub: is it cpuminable still?
Bowjob: ive been wondering why the hell is it rising
Bowjob: is it because gpu miners abandoning btc?
dub: cocain is a helluva drug
jcpham: some morons out there have dediced to rape it
jcpham: wait until july 2011 litecoin prices
Bowjob: Low: 0.3125 USD High: 0.7525
jcpham: is that a spread or the low/high fo today
kakobrekla: basically noone has any idea if its worth anything
Bowjob: ive watched it since 5 cents
jcpham: i'm not sure i'd call it growing
kakobrekla: 01:11.57 ( kakobrekla ) but sersiouls how much use is there for ltc
kakobrekla: 01:12.01 ( kakobrekla ) why would i USE it
kakobrekla: 01:12.03 ( kakobrekla ) instead of btc
BitHub: be funny if ltc became worth more than btc
Bowjob: the trollbox is going nuts
jcpham: i might sell some poop on ebay for a bajillion dolars too
BitHub: btc becomes worthless and its all about the ltc
jcpham: or some other tulip comes along
jcpham: currency exchange is one thing
jcpham: storage of value another entirely
mircea_popescu: kakobrekla actually, if the current devs continue as bitcoin devs, i can envisage ltc becoming the standard coin.
jcpham: mircea_popescu you die first
kakobrekla: oh so you sayin ltc devs are better than btc devs mircea_popescu
jcpham: becasue there arre none
dub: he's the cut and paste engineer
mircea_popescu: currently if all bitcoin devs were hit by a bus bitcoin would benefit immensely.
BitHub: do you think the price would go up?
jcpham: i was on .6 until yesterday
jcpham: shitty devs didn't tell me anything
jcpham: i want my goddamn money back mircea_popescu
jcpham: i'm calling customer support right now
mircea_popescu: i will certainly have the girl ad psas to any future bullshiot "upgrades" they come up with
mircea_popescu: as in, do not upgrade. the people pushing this broken code are irresponsible and you will lose out.
jcpham: the fucking software has all these retard shiny coins all over it
jcpham: i've never seen a single shiny anything
dub: mpex should fund solidcoin development to replace bitcoin
BitHub: if it aint broken, don't fix it
BitHub: but then again this was done on purpose because of politics
burnside: wow, BTC to USD 42.233 || LTC 64.26735218
burnside: I'm going to be a thousandaire
burnside: well, I guess I'm a thousandaire of LTC already, so soon I can be a thousandaire of USD. ;)
burnside: eh, for that I have a ways to go.
burnside: I was close before I found the GLBSE
burnside: it was just play money then unfortunately, and I treated it as such
dub: thebuttholezone is such a prolix dick eater
kakobrekla: thought it was the other simmilar sounding one
assbot: [BTCTC] [PAJKA.BOND] 30 @ 0.1 = 3 BTC [+]
pizzaman1337: the blog that always tells me I need to pay up :(
BitHub: sweet mircea i made your blog
deadweasel: all the txns that ended up in the orphaned fork, did they complete, or get 6 confirmations?
deadweasel: oops, wrong window. answers still appreciated
deadweasel: I'm curious what a transaction from an orphaned fork looks like?
BitHub: glad the irc bot thing worked out, hope you find these dickheads hey
deadweasel: so anyone who happened to be buying 3 lbs of gold in person with bitcion at exactly that time, would have seen 6 confirmations?
BitHub: PPS. Everyone named in this article gets a block of 10`000 S.MPOE shares. Contact jurov to take possession - that include me mircea :)
Namworld: Well the blog is... MPEx will certainly follow soon
BitHub: good read man, any idea who or why?
mircea_popescu: but on the positive side, mpex gets much better servers and stuff
BitHub: i'm suprised there's no mpex irc room
BitHub: i figured most of them were here :)
benkay: is there a bitcoin security channel?
benkay: i'm just not welcome apparently
benkay: i was hoping to find someone who would tell me
benkay: i was imagining a land of rainbows and ponies tbh
benkay: where sages of netsec and hackers extraordinare waxed on the merits and methods of securing one's business
kakobrekla: sadly, this still is the best bitcoin chan.
benkay: this channel brings value to my life.
benkay: 's about all i can say.
dub: benkay: try #intersango
mircea_popescu: Processor #32 Vendor GenuineIntel Name Intel(R) Xeon(R) CPU E5-2650 0 @ 2.00GHz
dub: some fuckin skurity proffessors in thur
mircea_popescu: ahhh. seriously, what's sweeter than 32 core e5-2650 ?
dub: ps: don't tell them I sent you
kakobrekla: dub dont fuck around with people like that
dub: pps: don't ask about makign backups
mircea_popescu: which makes me actually have more hardware than mtgox atm.
mircea_popescu: benkay intersangro being, obviously, the fuckwit champs of btc.
dub: I though my follow up '<dub> some fuckin skurity proffessors in thur' expressed an appropriate level of sarcasm?
benkay: you guise i can make my own mind up about things
dub: sorry for pooplinking
kakobrekla: i just dont want to see you wasting too much time benkay
benkay: i'm oddly flattered kakobrekla
benkay: although i assume you're after next year's socket fee already
kakobrekla: its ok Chaang-Noi, just messing around.
Chaang-Noi: bitcoin breaking i think really showed people a more tested version is good to have around
Chaang-Noi: bitcoin after all is litecoins test chain :)
dub: I should have maffed dat in my head
Chaang-Noi: trollin trollin, its good fun iuf you do it for money
BitHub: yeah man i got paid to troll lance armstrong for a while
gribble: Error: For identification purposes, you must be identified via GPG to use the rating system.
gribble: Error: For identification purposes, you must be identified via GPG to use the rating system.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
Chaang-Noi: people like gmaxwell rating people neg they never delt with cuz they do something like play s.dice really turned me off
Chaang-Noi: gmaxwell rates people -1 or -5 cuz they gamble on s.dice
Chaang-Noi: that pisses me off as people jsut abose it
Chaang-Noi: so i wont use a system that is so fucked up
benkay: stop gambling on s dice in a transparent way
benkay: mp i'm enjoying your tirade on fucking a lot more than the drama posts
Chaang-Noi: i dont use s.dice it was just one example of how i see it abused
Chaang-Noi: pirate was like 2nd highest rated? lulz
Namworld: OTC is just like Bitcoin. Each user can run however they want about attributing trust or distrust.
benkay: tirade's the wrong word
gribble: Currently authenticated from hostmask dub!~dub@unaffiliated/dub . User dub, rated since Wed Dec 19 14:09:17 2012. Cumulative rating 3, from 3 total ratings. Received ratings: 3 positive, 0 negative. Sent ratings: 7 positive, 0 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=dub gribble: Rating entry successful. Your rating of 1 for user dub has been recorded.
Chaang-Noi: yeah i just dont think wot is a good tool, not worth my time. i can see how it is goodfor some people not as well known as me, but im one of bitcointalks greatest trolls:)
benkay: dang. in btc world, you blow things and you're arguably completely fucked for starting things under your own name ever again.
Namworld: :;rate Chaang-Noi -10 Too much black/purple/red in his home, really bad choice of colors. Doesn't give off a very trusty vibe like pure white.
benkay: contrasts strongly against american startuplandia where you can pivot (fail) ten times with 3 different investment rounds, and still be lauded as a pop-hero
Namworld: ratings are just how much an user trust you. Someone insane could distrust someone for whatever.
benkay: cool is the grand canyon
benkay: cool is fucking your buddy's wife
kakobrekla: anyway the point is its nice to see you can be accountable in a way
Chaang-Noi: namworld but i remember who i trust, why do i need to use wot?
kakobrekla: or else we would still have patric harnets and such
Namworld: You can use ;;gettrust to only get indirect ratings from people you trust yourself
Chaang-Noi: i dont know... after all my fail i was always honest and people trust me, and if they dont im happy to use escrow :)
Namworld: I'm lacking data about you apparently.
benkay: but it's definitely a step towards a world where people generally know all there is to know about you.
kakobrekla: you are afraid to be over exposed over OTC wot
benkay: think about a plugin to your radio system that identifies customers as they walk in your store and then queues up music for them
benkay: imagine truly pervasive surveillance
benkay: i don't have time for this conversation
benkay: and i'm not nearly stoned enough to find it interesting.
Chaang-Noi: dont know, i dont use facebook either, i just dont like that sorta of social networking, i have a very good trading recored
kakobrekla: whoever uses facebook and bitcoin is retarded
Chaang-Noi: i kinda have the same idea about wot as i do facebook :/
smickles: kakobrekla: my facebook name is fedarush akatom
benkay: dude! you guys i don't even want to build a business in this space
benkay: but it scares me shitless.
benkay: there are three outcomes for me
Chaang-Noi: i was dumb and sold 50k litecoin around 42 cents... should i cash out or buy more ltc... ahhh
benkay: i've read that many a time
benkay: i'm actually looking forward to MPOE-PR "FIRST"ing it on a launch page
BitHub: you most likely wont go to jail
BitHub: unless you're doing something illegal or not paying taxes
benkay: not moving, either. i have roots here.
benkay: did pirate disclose his identiy?
Chaang-Noi: at best SEC fucks with him, but SEC cant jail people
benkay: is he still operating in the space?
kakobrekla: sry just had to, was a long time since last one.
BitHub: i heard finland and costa rica are good places to setup bitcoin companies
Chaang-Noi: kakobrkla you should see my account size, once he pays out im going to be supper rich!
kakobrekla: BitHub the way i see it, slovenia is fuckin awesome
BitHub: nice kako where is that? Eastern Euro?
kakobrekla: one might argue its not south but central, ill take mps deficinion of being estern too
benkay: i am just not leaving this town.
benkay: i am glad to come visit you all
BitHub: i cant wait to travel more
benkay: ugh, that was a dumb sentence.
BitHub: need to check out so many place
benkay: deadweasel i'm not going to pycon
benkay: because i'm going to pycon
smickles: mircea_popescu: wth, i know you like this number
smickles: ValueError: Extra data: line 1 column 187 - line 22 column 65 (char 187 - 1337)
smickles: are you trolling me via my statjson?
smickles: mircea_popescu: some error I get when trying to decode my stat
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.724998 BTC [-]
Chaang-Noi: anyway im off to a mini family vacation, they think iv sat too long at the computer :(
benkay: real reason mp should not make new clients happen
benkay: critical density in bitcoin space
benkay: tear fabric of economic universe
benkay: unpredictable results.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.724998 BTC [-]
gribble: Current Blocks: 225589 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 202 blocks | Next Difficulty In About: 1 day, 6 hours, 52 minutes, and 44 seconds | Next Difficulty Estimate: 4822007.4493 | Estimated Percent Change: 10.39708
assbot: [BTCTC] [S.DICE-PT] 2500 @ 0.00559 = 13.975 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.199 = 0.398 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.0055 = 0.0275 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.24 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 4 @ 0.00559 = 0.0224 BTC [+]
mircea_popescu: "I hope you can realize how much more we could accomplish and how much happier everyone would be if you acted like less of a douchebag."
kakobrekla: id give 10 btc to be able to punch misterbigg in the face, just once.
kakobrekla: >He is the mastermind who created the current trade engine and the multi-currency platform for Mt.Gox
BitHub: is the s.dice guy in there as well?
mircea_popescu: "Executive Director, Chairman of the Board, Treasurer"
BitHub: now i feel silly defending bitcoin and how decentralized it is to teh haters
mircea_popescu: i guess now we know what coings are being floated by coinlab.
kakobrekla: yeah its more fucked than whores at closin time BitHub
mircea_popescu: but then again, as the girl said after the pirate fiasco : give your money to idiots, cause trouble across the board.
mircea_popescu: apparently bitcoin people still have to learn a lot about how confidence tricks work.
BitHub: so do we actually need the board? or should i give money to them?
BitHub: i dont know i dont want to get in trouble
BitHub: i dont want to say anything bad about the foundation....but.......
BitHub: i like how dodgy their pics look
midnightmagic: BitHub: The fastest way to shut up haters is to stop talking to them and walk away.
BitHub: yeah, i found its best to be like "yeah cool man" and go onto something else
midnightmagic: Aumann's agreement theorem means they're being irrational. Why even bother with irrational people?
pigeons: smickles: what was your formula for the price of a mining "share"?
midnightmagic: "Bye, have fun being bent over by the Universe for the rest of your life."
assbot: [MPEX] [S.BBET] 100 @ 0.00181 = 0.181 BTC [+]
midnightmagic: wanna see how fast bitcoin can hit $500 ? Shift the decimal one place to the right..
midnightmagic: that eligius report is out-of-date. check eligius' stats page.
pigeons: nanotube: is this static data?
gribble: Error: "nextprice" is not a valid command.
gribble: Next Price Estimate: 49.634057 | Next Price In About 2 days, 23 hours, 23 minutes, and 44 seconds
nanotube: pigeons: no, it's all pulled live
pigeons: ah the eligius asics overheated
assbot: [BTCTC] [BITVPS] 1 @ 0.00401 BTC [+]
assbot: [BTCTC] [BITVPS] 50 @ 0.004 = 0.2 BTC [-]
assbot: [BTCTC] [BITVPS] 100 @ 0.0039 = 0.39 BTC [-]
assbot: [BTCTC] [BITVPS] 100 @ 0.0038 = 0.38 BTC [-]
dub: goes to show how much of a joke the idea of mining being some kind of democratic concensus system is
mircea_popescu: the current people doing it obviously aren't quite there yet, but no worries,
LameCoin-: any comments on yesterdays events?
kakobrekla: lots of stuff happend yesterday like on a normal day
kakobrekla: but im guessing youre talking about fork yea
LameCoin-: i enjoyed reading mircea's comments to the developers on the forum
kakobrekla: then you will prolly enjoy staying around
LameCoin-: i think the selling yesterday would have occured regardless
LameCoin-: well even under the event the price never hit last weeks sell off
kakobrekla: bitbet now spams via twitter and rss feeds.
bowjob: hey is the trollbox still there?
kakobrekla: ltc is 0.01642 cause i know you wanna know
bowjob: it goes on and off for me, the site. i dont see the trollbox
bowjob: i see the trollbox but on my account i cant
grubles: whats the mpex fee nowadays?
assbot: [HAVELOCK] [HIM] 2 @ 1.709999 = 3.42 BTC [+]
assbot: [HAVELOCK] [HIM] 5 @ 1.71 = 8.55 BTC [+]
assbot: [HAVELOCK] [HIM] 3 @ 1.745 = 5.235 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.185 BTC [+]
dub: grubles: still 30 last I heard
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.00579 = 0.0579 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.005237 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00579 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 1 @ 0.000706 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.009 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00194 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.724994 = 6.5249 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.724994 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.00687 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.724994 = 2.175 BTC [-]
assbot: [HAVELOCK] [HIM] 7 @ 1.745 = 12.215 BTC [+]
assbot: [HAVELOCK] [HIM] 5 @ 1.7499 = 8.7495 BTC [+]
assbot: [HAVELOCK] [HIM] 20 @ 1.75 = 35 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.58699999 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.587 = 1.174 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.58899999 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.589 = 1.767 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 20 @ 0.1 = 2 BTC [+]
grubles: who wants to buy my mpex account
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]
gribble: BTCUSD ticker | Best bid: 46.20301, Best ask: 46.38751, Bid-ask spread: 0.18450, Last trade: 46.20000, 24 hour volume: 72528.04121071, 24 hour low: 41.02000, 24 hour high: 46.50000, 24 hour vwap: 44.30878
assbot: [BTCTC] [CRYPTO-TRADE] 4 @ 0.2 = 0.8 BTC [+]
assbot: [HAVELOCK] [HIM] 18 @ 1.75 = 31.5 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.75 = 3.5 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72499 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72499 BTC [-]
BitHub: when is asicminer gon be worth 1btc?
jurov: sooner than litecoin?
assbot: [BTCTC] [GSDPT] 4 @ 0.005237 = 0.0209 BTC [-]
assbot: [BTCT:ASICMINER-PT] 1D: 0.7 / 0.72705 / 0.749 (42 shares, 30.5 BTC), 7D: 0.65 / 0.70519 / 1 (1171 shares, 825.8 BTC), 30D: 0.65 / 0.69325 / 1 (1495 shares, 1036.4 BTC)
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
assbot: [HAVELOCK] [SDICE] 1 @ 0.589 BTC [+]
mircea_popescu: in other news, 241`819 option contracts traded so far this month.
mpexbot: FabianB_: {u'7d': {u'cnt': u'49', u'min': u'67334', u'max': u'76718', u'vsa': u'358259971660', u'vsh': u'4790992', u'avg': u'74777.8271515'}, u'30d': {u'cnt': u'3857', u'min': u'61614', u'max': u'78628', u'vsa': u'3217577150869', u'vsh': u'46464513', u'avg': u'69248.0549806'}, u'1d': {u'cnt': u'', u'min': u'', u'max': u'', u'vsa': u'', u'vsh': u'', u'avg': u''}}
assbot: [MPEX:S.MPOE] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00067334 / 0.00074777 / 0.00076718 (4790992 shares, 3,582.60 BTC), 30D: 0.00061614 / 0.00069248 / 0.00078628 (46464513 shares, 32,175.77 BTC)
dub: mircea_popescu: dat maff
assbot: [BTCTC] [ASICMINER-PT] 190 @ 0.695 = 132.05 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.724 = 1.448 BTC [+]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.19 = 0.38 BTC [+]
jurov: ;;gpg everify freenode:#bitcoin-otc:d09f12925116f3363e8eae0ec8ade9aadb4f55879fa01bada13bab03
gribble: You are now authenticated for user jurov with key 677ABD62D0AEE7D7
assbot: [MPEX] [S.MPOE] 5000 @ 0.00076706 = 3.8353 BTC [+]
assbot: [MPEX] [S.DICE] 80 @ 0.00569991 = 0.456 BTC [+]
assbot: [MPEX] [S.DICE] 220 @ 0.00599987 = 1.32 BTC [+]
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
FabianB_: mpexbot: probably without the url part?
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
jurov: not a proper json, i daresay
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
jurov: yes smickles did it thus
jurov: quite an innuendo we got there
FabianB_: everyone busy watching 22 running behind a ball with nothing happening in 90 minutes?
jurov: ofc, depends how they are mentioned. some are eligible for s.mpoe, others for s.bvps or f.giga.etf
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.72 = 2.88 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.724869 BTC [+]
jcpham: irc channel metric matter
jcpham: i'm quoted in that article
jcpham: jurov i need my shares
jurov: that's about 10-50 klod (kilolines of drama)
jcpham: PPS. Everyone named in this article for helping gets a block of 10`000 S.MPOE shares. Contact jurov to take possession.
jurov: jcpham, s.bvps or giga?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.724869 BTC [+]
jurov: sorry jcpham, you should have come some months earlier. next.
jcpham: dude my name is in there
mircea_popescu: how many people of the total 10bn read 100k words in a week ?
jurov: yes. but s.bvps and f.giga.etf claims closed in October 2012
dub: dude everyone who bothere to read that far into your novel should get shares
jcpham: i read the whole thing
jcpham: last sentence BONUS PRIZE FOR ME
dub: that is my preference anyway
jcpham: seriously though just add it to my bill
jurov: jcpham, 10k shares of asspride will do as a consolation prize?
jcpham: i know you are good for it
mircea_popescu: i wish to take this opportunity and thank everyone present for acting so professionally
jcpham: sure tshirt shares will work
dub: thank you, we work hard to maintain the standard of trolling
mircea_popescu: without the backing of drama bitcoin might end up being useful
jcpham: i'll trade you 10k xrp for 10,000 shares of tulips
jcpham: should start an ripple hedge fund
mircea_popescu: why did i not think of that! why does nobody think of ripple when they have a problem ripple could solve! o ye gods!
jcpham: invest now in Soylent.
smickles: mircea_popescu: did you figure it out or should I show you again :)
smickles: and it's just the key to send to mpexbot
smickles: if that was your sig, it should've worked
mircea_popescu: for some reason gpg thinks it's a detached signature ?!
smickles: hmm, maybe i had the wrong keyid for you
jurov: gpg can't get over these missing ---s? i thought that's their purpose
jurov: anyway, no love for ipv6? i'm looking into it for mpex.coinbr now
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
jurov: hm, mpex6.coinbr.com should work (ipv6 only) but someohow doesn't here
mircea_popescu: jurov i talked with my provider, and allow me to quote :
mircea_popescu: "The US datacenters we have dont support IPv6 or if they do it is very limited. The London DC does support IPv6 but cPanel and a lot of the other stuff on the server doesn't so those IPs they are able to give, are actually useless at this time."
assbot: [BTCTC] [S.DICE-PT] 28 @ 0.00579 = 0.1621 BTC [+]
deadweasel: we have an electrical grid that is about to shit the bed, ipv6 is not an upgrade priority
FabianB_: lol, cPanel can't handle ipv6?
jurov: can anyone confirm mpex6.coinbr.com works? looks like my tunnel is b0rkt
FabianB_: if i were at home and not in hotel..
jurov: i can ping, i can connect. but no reply from webserver
FabianB_: jurov: how about locally on the server?
jurov: there it works. but amazon is not providing ipv6 end to end
jurov: i only provides ipv6 to ipv4 loadbalancer
assbot: [BTCTC] [S.BBET-PT] 2 @ 0.00194 = 0.0039 BTC [+]
mircea_popescu: it seems apparent we have some sort of ipv4 bridge or proxy or something in between
jurov: heh... "mpex.co is down" , "yea i saw boss going to the closet"
dub: theres somethign called a chain block
dub: its essentially maff and fings
jurov: i got confirmed it works.. so it's just my ipv6 tunnel
assbot: [BTCTC] [PAJKA.BOND] 29 @ 0.1 = 2.9 BTC [+]
mircea_popescu: incidentally, anyone has quick proof against point 1 there ?
jurov: this? 1) Without producing zero-day exploits
mircea_popescu: I'm not sure this is getting through the fog of their own farts, but the group of power rangers has so far:
mircea_popescu: 1. Not produced one single brilliant solution to any actual problem.
jurov: no proof. just that 0day happens independently from spec
deadweasel: also, it's just software. you ever seen 100% bug free software?
benkay: deadweasel i imagine you see mostly pretty buggy software
mircea_popescu: "o, we just shit in the code because really, who cares"
jurov: why do the girl (or/and you) insists going into such arguments? that's excellent the bait for taking the debate away from core points
mircea_popescu: in this cause because wuille's lie needs to be excised.
jurov: arguing who did or did not solve anything brilliantly or ducttape
mircea_popescu: they try to maintain the client above the spec. this shall not stand.
mircea_popescu: and they need to understand that they are kinda dumb. i dunno why they've not got it this far, but...
jurov: yes, spec+compliance tests. personal performance is tangential
mircea_popescu: it may be tangential technically. there are significant political concerns involved here.
assbot: [HAVELOCK] [SDICE] 1 @ 0.57499999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.695 = 1.39 BTC [-]
mircea_popescu: does this make me think she was actually any better than i originally thought ?
deadweasel: i'm just curious how big the dev team is and what their budget is.
mircea_popescu: the dev team is about six people (it does not include Luke-Jr, tho he keeps trying to pretend he's a dev)
jurov: i mean, what's the objective? getting devteam to admit their process sucks? then such argument misses the objective (albeit narrowly), cause it's aimed to people, not to process
mircea_popescu: they aren't paid, except for gavin, who is probably not paid anything much at all.
mircea_popescu: the foundation collected about half a million dollars which that conman from ycombinator controls
mircea_popescu: and will probably constitute the scamdrama of this summer.
mircea_popescu: jurov the objective is to illuminate the very rotten structure of their arguments.
jurov: i doubt this approach. you ought to decide whether you want to educate or get things done
jurov: not conflate it together
mircea_popescu: could this be extended to read "you ought to decide whether you want to run mpex, educate or get things done"?
jurov: whatever. as long as you know what ur doing
mircea_popescu: well, i hope i do and that's the best you can possibly get.
mircea_popescu: but if those who get things done don't educate, who will ? those who don't ? we;ve seen the results of that one heh.
jurov: those who will be left behind will educate themselves, as usual
mircea_popescu: i suspect past the original shock a good chunk of them ppl are actually reasonable in the head.
smickles: wait, did i just nix one of them?
jurov: noooo ipv6proxy is just testing site
jurov: mpex6.coinbr.com is the business
gribble: BTCUSD ticker | Best bid: 46.75723, Best ask: 46.95000, Bid-ask spread: 0.19277, Last trade: 46.95000, 24 hour volume: 49142.94060722, 24 hour low: 43.75080, 24 hour high: 47.29500, 24 hour vwap: 46.23022
mircea_popescu: no 30% swings in a day ? waht sort of bitcoin is this!
jurov: someone click that $1m button quickly
jurov: smickles, why not use the list i supplied?
smickles: jurov: i did, i messed up by pasting just the sig
benkay: what do you mean by "flushing deposits"?
mircea_popescu: a. mpex deposits and withdrawals are processed manually.
kakobrekla: he throws the coins in the toilet and flushes
benkay: i've always wondered why you do the deposits by hand
benkay: instead of depositor-unique receipt addresses
mircea_popescu: benkay there was exactly one bitcoin business unaffected by bitcoindev idiocy
assbot: [BTCTC] [PAJKA.BOND] 15 @ 0.1 = 1.5 BTC [+]
kakobrekla: thats why withdrawals have been deprecated on mpex
assbot: [HAVELOCK] [SDICE] 3 @ 0.57 = 1.71 BTC [-]
mircea_popescu: hint : no, it wasn't those that trust them, like btc-guild.
benkay: i understand withdrawals.
mircea_popescu: you should understand deposits by the example i just gave.
benkay: are you talking about mpex deposits into customer addresses?
smickles: benkay: manual withdrawals protect the customer, manual deposits protect mpex (maybe)
benkay: i don't really get why incoming funds need to be processed by hand
jborkl: Lol, withdrawals have been deprecated
benkay: not trying to say you're doing it wrong. trying to understand why you do it the way you do.
mircea_popescu: but think, benkay. version .8 comes out. the chain is split
smickles: ug, who's brilliant idea was it to have an installation video and skip the text version
benkay: thanks for thinking for me.
benkay: different question, mp: why u no do depositor-unique addresses for mpex deposits?
smickles: I should do that and make a video of the text 'RTFM' with a link
assbot: [BTCTC] [PAJKA.BOND] 30 @ 0.1 = 3 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.575 BTC [+]
assbot: [MPEX] [O.BTCUSD.C490N] 9 @ 0.2 = 1.8 BTC [+]
benkay: not having to identify deposits by amount.
kakobrekla: ya but one key with large sum is way cooler!
mircea_popescu: taint analysis idiots prosecute person y because clearly taint analysis proves he's x.
assbot: [MPEX] [S.DICE] 300 @ 0.00599987 = 1.8 BTC [+]
assbot: [MPEX] [S.DICE] 141 @ 0.00599987 = 0.846 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 8 @ 0.1 = 0.8 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.75 BTC [+]
smickles: all hail the romainians for protecting us from idiot juries
mircea_popescu: this is just an edge example, there's tons of others just as good really.
mircea_popescu: testing for inbound is a few degrees of magnitude easier with fixed address
benkay: so: nail me to the wall on this one, wouldja?
benkay: i've been thinking about generating completely unique receipt addresses for each funding action
benkay: s/completely/moderately
benkay: they're all descended from the same keypair
benkay: generating new receipt addresses for each funding action
benkay: mostly for convenience on the backend
benkay: doesn't address blockchain forking, granted.
benkay: customer hits funding page
benkay: we tie address to user account
benkay: wait for confirmations on spend to new address
mircea_popescu: i could just ask you generate addresses, bloat your wallet to 5gb
mircea_popescu: as we know, devteam hasn't mastered the mysteries of configuring berkley
mircea_popescu: i on the other hand haven't mastered the mysteries of spelling berkeley
smickles: ha! you make spelling errors too!
assbot: [HAVELOCK] [SDICE] 2 @ 0.57 = 1.14 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 30 @ 0.1 = 3 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.1999 BTC [-]
assbot: [MPEX] [O.BTCUSD.P430T] 500 @ 0.07993896 = 39.9695 BTC [-]
benkay: is it necessarily true that the wallet has to bloat?
benkay: can't you spend from the master key?
benkay: jonathan assia also says interesting things on the bitcoinx dev list
midnightmagic: the dev team effectively includes luke-jr, and a massive amount of work he has done makes it into bitcoind
mircea_popescu: you have to keep the privkeys of all adresses you receive btc in
dub: dont people tend to generate a lot of addresses in advance fot his type of thing?
benkay: ah, so that's how it works today.
midnightmagic: mircea_popescu: Whatever it says there is irrelevant if a huge amount of his work makes it into the codebase.
benkay: what i really want is bip0032 addresses
mircea_popescu: midnightmagic listen up : you folks don't get to change things just by power of friendship which is magic.
mircea_popescu: lukejr would love to be a developer, but he's mostly a useless contributor.
midnightmagic: mircea_popescu: I have no idea what you're talking about now.
midnightmagic: even the stuff he does that doesn't make it in provides backdrop for the stuff that does.
midnightmagic: mircea_popescu: Have you considered the possibility that he himself is not interested in being listed on bitcoin.org ?
assbot: [HAVELOCK] [SDICE] 2 @ 0.565 = 1.13 BTC [-]
mircea_popescu: "give us more money so coinlab can float it on top of whatever it gets from users"
mircea_popescu: "but we can't finance anything useful because bitcoin"
mircea_popescu: anyway, i wouldn't deign jgarzik's crossposted crap with much attention.
mircea_popescu: he wants to talk, he'd better sit his sweet ass down and talk.
mircea_popescu: this posturing and delusions of self importance will simply bring them more asskicking.
assbot: [HAVELOCK] [SDICE] 2 @ 0.56 = 1.12 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.5500001 = 2.2 BTC [-]
midnightmagic: mircea_popescu: Have you ever considered the possibility that, if you want to actually convince people, being less ascerbic is vastly more effective than more?
mircea_popescu: i wouldn't bet much on the future of anyone that thinks they can stand up to my acerbic. but hey, your money, your vote.
midnightmagic: This is a people issue I bring up, not a by-rights issue. Are you actually interested in persuasion, or just in ranting angrily because.. why?
mircea_popescu: i am interested in splitting any group into two, the sensible and the worthless
mircea_popescu: if people have enough sense, they'll persuade themselves.
smickles: i just filled out a captcha, got it wrong
smickles: the next one says "almost sucker"
dub: you are clearly not human
mircea_popescu: smickles it's why i never do that, fucking hell i get them wrong half the time
midnightmagic: Reasonable humans will be turned off why your acidity. Are you seriously interested in attracting angry raging psychopaths?
midnightmagic: Much of what you're saying is precisely what the microcash guy was saying.
mircea_popescu: midnightmagic i am interested in attracking ACTUAL reasonable people, as opposed to the self proclaimed variety.
dub: and since there is a distinct lack of reasonable humans involved in bitcon dev...
mircea_popescu: dub there's plenty of self proclaimed reasonable people there
jurov: midnightmagic can you name some of the angry raging psychopaths that were attracted to mp?
midnightmagic: jurov: I have seen this happen before with RealSolid.
mircea_popescu: midnightmagic you should at some point consider that the similarities you perceive are more a function of dirt on your lens than actual object of observation.
jurov: lol my question was understood the other and third way around
mircea_popescu: similarities are by definition subject to this suspicion.
midnightmagic: So build the alternative already. Hire the cryptographers, coders, project managers, QA staff, and release engineering departments you think are so cheap and visionless on their own. If you think this alternative will win, build it and let it win.
mircea_popescu: "you people fucked up" "please stop telling us we fucked up because :
mircea_popescu: you call this reasonable ? dude, srsly. just becasuse your friends tell you you're pretty doesn't make you easier on the eyes than the average shaved donkey butt
midnightmagic: Since when did I call the bitcoin devs reasonable?
midnightmagic: Obviously the devs themselves aren't going to bother participating in your alternative.
midnightmagic: Whoever it is you think will make your attempt at dividing bitcoin successful.
mircea_popescu: you are telling me about the minute characteristics of a set you can't let alone define other than by reference to me, but even nominally identify in no matter how small a part ?
mircea_popescu: wouldn't this be by definition something i'd know better than you then ?
midnightmagic: You are the one who claimed you are interested in dividing bitcoin, and on one side "ACTUAL reasonable people". You are the one who defined it.
midnightmagic: Again, the difference here is that I am actually trying to communicate, and you are trying to be contradictory.
mircea_popescu: bitcoin is NOT the group of idiots that identify with it
midnightmagic: 15:59 < mircea_popescu> midnightmagic i am interested in attracking ACTUAL reasonable people, as opposed to the self proclaimed variety.
mircea_popescu: what i am doing is i am dividing the group of bitcoin supporters, by taking away bitcoin.
mircea_popescu: the reasonable will follow. the "they think are reasonable" will continue in the sort of fanboish obscurity they enjoy.
mircea_popescu: they're kids because their window to man up and "we fucked up, yes" has by now closed.
mircea_popescu: they're drowning in code for quite obvious reasons i won't rehash.
midnightmagic: And users who "support" them. Including the biggest exchange, most of the smaller exchanges, the major developers, the cryptographers who review the work done, the pools who secure the blockchain, and the hardware builders springing up to do so who have already made strong ties with the *current* development team.
mircea_popescu: tyvm. the approximate sum value of your list is epslion.
midnightmagic: I'm saying, "PHP is bad" is just another form of "no true scotsman"
mircea_popescu: and if you think the pools are currently securing anything you're pretty much in the raging psychopath group yourself.
mircea_popescu: what has the successful attack recently demonstrated ?
midnightmagic: Lots of things. I can't possibly imagine which subset of the whole you are referring to.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [+]
mircea_popescu: i note you picked the stylistical out of that list. do address the lag and the other point sometime.
midnightmagic: I'm not going to defend the bitcoin developers. I'm just interested in what motivates your incredible.. determination.. to rant and attack so endlessly.
benkay: you might want to read polimedia
midnightmagic: benkay: How helpful of you. I bow to your mighty helpfulness.
benkay: if you're being sarcastic, I don't parse sarcasm online.
midnightmagic: benkay: <sarcasm>How helpful of you. I bow to your mighty helpfulness.</sarcasm>
mircea_popescu: someone should make htsp and then have inane specifications
midnightmagic: mircea_popescu: Look, I'm telling you dude. The more you rant, the more you are going to alienate people who would otherwise be much more interested in supporting your point of view.
benkay: midnightmagic: have you read polimedia?
mircea_popescu: no dude. you are telling me that some vanitous idiots would like the benefit of claiming we're friends
midnightmagic: mircea_popescu: You don't have to be friends with someone to engage in civil discourse.
mircea_popescu: the problem is that some people ran off with their c++ hairball implementation of what they call civil discourse
midnightmagic: mircea_popescu: And I know of no examples of people who are interested in the Badge: "I tell everybody I'm mircea's friend and reap benefits thereby."
midnightmagic: mircea_popescu: I would say, good on you for ignoring those people.
mircea_popescu: midnightmagic read bitcoin-dev sometime. it's chockfull.
midnightmagic: It is for those exact reasons why the need is great for heterogency in client implementations. Thus, I say you should do it. Create an alternative implementation and go for it.
midnightmagic: Then do it. Do the work that the devs can't or won't, and build the spec.
midnightmagic: As you are so fond of saying, hire the braindead monkeys who can do it *for* you for the peanuts you say they're worth, and have them do it.
mircea_popescu: so i'm takingthat as a sort of up and down and all about no.
midnightmagic: I am not interested in working on that project, if you are offering me a job.
midnightmagic: I know you have trouble when people talk back to you and all, but geez man. At a certain point, don't let the concorde fallacy trap you into pursuing a dead end.
jurov: midnightmagic you think writing spec from code is work for mokyes?
assbot: [MPEX] [O.BTCUSD.P370T] 100 @ 0.03402633 = 3.4026 BTC [-]
midnightmagic: jurov: I'm not. He says so all the time. Perhaps you should take benkay's advice.
jurov: midnightmagic you revealed your gaping incompetence in this area then
mircea_popescu: seriously midnightmagic, i think you're abstracting your past history of interaction with who knows who and painting it on me.
jurov: midnightmagic, I still lack concrete examples. Names.
jurov: Either the "reaging idiots" who supposedly are attracted to mp
midnightmagic: mircea_popescu: I have no idea what you're getting at.
jurov: Or the "reasonable people" that would be supportng him "if..."
mircea_popescu: if you spend your childhood living among white people, abnd being told niggers are to be identified by x y z and they do k l m things,
midnightmagic: jurov: Your English still needs work. My verb tense in context was indicative of that-which-happens-from-here-on.
mircea_popescu: you are bound to misbehave wehn confronted with actual black people.
midnightmagic: jurov: I dunno actual names. It's irrelevant to the point.
mircea_popescu: just so, it'd seem to me, you've been told how to identify independent thought, and what great evil it is, and now when you discover it in the actual world you immediately jump to the conclusion tis evil.
jurov: midnightmagic, so there was not the case in the past? what is the problem then?
midnightmagic: Luke-Jr: hello. I hope all my statements including you were correctly inferenced as rhetorical device and not assertions of fact.
midnightmagic: mircea_popescu: I am not afraid to be civil. Why are you?
mircea_popescu: you know, girl wants to get married. after tears have washed pointlessly about the room, her new line becomes "why are you affraid of commitment"
mircea_popescu: i'm not affraid of commitment bitch. i just don't care for your definition of it.
midnightmagic: mircea_popescu: I assert you are, have been, and will likely continue to be uncivil and discourteous.
mircea_popescu: being civil is not a formal concern. it does NOT mean not calling people idiots. if indeed they are idiots then that's that, verity proof.
mircea_popescu: people who lie by presenting the mining corruption as "consensus", they are being uncivil.
mircea_popescu: and on a related point, you don't go to heaven by never saying "jesus sucks" etiher.
benkay: what do you mean by "mining corruption"?
midnightmagic: That is an English definitional nuance which you are assuming, but which is not reality.
mircea_popescu: benkay do you know how the most recent fork was resolved ?
benkay: sort of; devs said "use 0.7" and everyone did
mircea_popescu: midnightmagic that dispute as to reality will have to come to my grave.
mircea_popescu: stalin said "everyone vote" and evertyone did. what democratic process is this ?
benkay: how many times do you think they can pull it off?
mircea_popescu: in an ultimately doomed effort to prop the dirt as respectable.
benkay: that's just politics though
midnightmagic: Gah.. dude.. your weird sayings aren't translating so well.
mircea_popescu: well that's unfortunate for them because i happen to be better at politics than they're at coding.
Luke-Jr: midnightmagic: I didn't understand the context :P
midnightmagic: Luke-Jr: I was just asserting that the amount of work you do in bitcoind essentially makes you a bitcoin developer, even if your name isn't on bitcoin.org.
BitHub: hey guys did you get your ASICMINER div as well?
jurov: Luke-Jr: don't sweat, me too, he sounds serious but in the end it's all just hypothetical
mircea_popescu: Luke-Jr he's somehow bothered with everyone mocking you for trying your damnest to pass yourself off as a dev
midnightmagic: Luke-Jr: I also proffered the possibility you didn't want your name up there on purpose, to outline our collective ignorance.
Luke-Jr: midnightmagic: I got that, but .. why did it matter? XD
midnightmagic: Luke-Jr: I dunno why he started ranting about you. But he gets upset when I don't address each of his points individually.
Luke-Jr: midnightmagic: I don't see it as something worth my time arguing a case for.
benkay: has anything in this conversation?
BitHub: ahhh Luke, going there to pick it up?
Luke-Jr: BitHub: not sure if I'll pick it up or let them ship it
Luke-Jr: although I guess they might be expecting me to take it with me
BitHub: are you kind of going there to confirm it all?
BitHub: so you'll pretty much be teh first person with a bfl?
dub: BitHub: yes re: AM div btw (sorry for the on-topic interlude people)
BitHub: this weeks seemed the highest yet
dub: yeah, enjoy, next week is the last
Luke-Jr: BitHub: I'm mainly going there to make sure BFGMiner is ready to go (shipping on the MiniRigs)
dub: catfriedrice said next weeks will fullfil the 'pay out 0.1 first' requirement, which seems about right, so next divs will be half less more expenses
BitHub: good time to sell then
assbot: [BTCT:ASICMINER-PT] 1D: 0.695 / 0.70412 / 0.724998 (285 shares, 200.7 BTC), 7D: 0.65 / 0.71126 / 1 (1286 shares, 914.7 BTC), 30D: 0.65 / 0.6947 / 1 (1763 shares, 1224.8 BTC)
benkay: i know that and i'm not even holding any
assbot: [MPEX] [O.BTCUSD.P370T] 1000 @ 0.03383499 = 33.835 BTC [-]
benkay: in other news, loud black humans in snack car
benkay: ruin my train trip why doncha
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.72 = 1.44 BTC [+]
benkay: ^^ very important information
sevenWiabores: who are you mircea_popescu, your nick sounds very familiar
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.721337 = 3.6067 BTC [+]
benkay: (to finish that story, the best part was the really uptight black guy staring at the loud negroes)
assbot: [MPEX] [O.BTCUSD.P390T] 500 @ 0.0453858 = 22.6929 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.724869 BTC [+]
benkay: (i just told them i could block out high dB convserations or music but not both)
dub: continuing the wtfality of bitcoin asset universe
dub: doom projected for AM profits in varios places == increased demand
sevenWiabores: I am just nobody, but I am pretty sure I saw your name somewhere... I am new to the bitcoin world and I am not familiar with the who's who
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.724869 = 2.1746 BTC [+]
benkay: hardly passive aggressive for the pacnw
jurov: gonna organize am shorting
jurov: in fact i didn't list anything new on bitfunder for some time
benkay: spent much time in this corner of the us, mircea_popescu?
mircea_popescu: alternatively, some people don't like me. they run things into the ground.
dub: jurov: can you convince Ukto to make it render in firefox?
dub: jurov: buttfunder that is
jurov: dub, you mean misplaced buy/sell boxes?
dub: make the market link visible
LameCoin-: mircea are you from romania or US your english is american?
Ukto: where is it not visible?
assbot: [MPEX] [S.DICE] 152 @ 0.00599987 = 0.912 BTC [+]
assbot: [MPEX] [S.DICE] 80 @ 0.00599987 = 0.48 BTC [+]
LameCoin-: a friend of mine is from timisoara
Ukto: dub: hm. you dont see it in the top left?
dub: Ukto: sometimes I do
Ukto: 'View asset market'
dub: Ukto: depends on teh machine/browser im on
assbot: [BTCTC] [ASICMINER-PT] 30 @ 0.72489 = 21.7467 BTC [+]
dub: ff is the failing one
dub: well its been reported before
Ukto: what version? I hadnt seen it lol
benkay: mircea_popescu: why did you choose to live in romania?
mircea_popescu: back in 2007 it became obvious the us is sinking. didn't want to be on that part of the world. had to go somewhere.
jurov: Ukto if you resize the width to around 1000-1100px
LameCoin-: timisoara is nice its different then the rest of romania
jurov: the view asset bar hides
dub: 19 here, pretty sure it was broke in some previous, goat was having problems a few days ago too
mircea_popescu: LameCoin- it's closer to vienna than bucharest indeed.
Ukto: yeah, i will get it fixed.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.72489 = 1.4498 BTC [+]
Ukto: the top bar spans 2 lines and covers it
LameCoin-: mircea: do you think that fork could have been the end of bitcoin?
mircea_popescu: LameCoin- that fork itself could have festered if anyone ddosed the attacking pool.
mircea_popescu: but not really. the burried problems that caused the fork however most definitely will end btcoin if unadressed.
LameCoin-: i really dont like these alternates like litecoin inflating the money supply
benkay: i'm not even convinced we've converged on a codebase
mircea_popescu: just the butthurt when somebody finally says, wait, you think you people matter ?!
mircea_popescu: is ample proof this wasn't even seriously considered, let alone settled.
LameCoin-: the development team became to obsessed thinking they are economists and philosophers
LameCoin-: nerds should never be given any type of authority
mircea_popescu: when they're barely qualified to write code. but anyway :
Ukto: hm, i think I will just move terms and conditions to the footer
mircea_popescu: preparing for the "too big to fail" arguments, it'll be a warm summer.
Ukto: its wasting too much space
BitHub: some of these guys aren't qualified?
BitHub: kind of like getting the airport janitor to fly the plane no?
mircea_popescu: LameCoin- i mean that's what's coming next, "guise our shit has taken too much blood sweat and tears to be abandoned and we should forever wallow in it"
benkay: turbine blade engineer
benkay: still should not fly plane.
LameCoin-: are you suggesting they wont repair the problems?
mircea_popescu: that's what midnightmagic means by concorde fallacy : the mistaken idea that the current codebase is useful because it cost people a lot of money through all the bugs it pushed on them so far.
mircea_popescu: LameCoin- they would if they could. so far their consensus seems to be they're not smart enough to do it.
mircea_popescu: i learned about it when it was 15. bought like 1k worth
BitHub: maybe everyone should pitch in a lil btc to pay teh pros
Bowjob: I told my friend about it
Bowjob: now he's like.. can I buy $300 worth?
LameCoin-: bowjob: less then 0.1% of bitcoiners actually held coins from $2 to $50
Bowjob: I'm like.. no. I can sell you $100
Bowjob: it would be nice if you missed all the crashing
Bowjob: This was when BTC started from 13 to 50 rally
Bowjob: it was 17 when i mentioned it
LameCoin-: mircea it works the same for any bull market, 1983-2000 dow jones 75% of the public didnt even participate one bit
mircea_popescu: midnightmagic do you have the figure for "how much unencrypted wallet.dat" cost ?
Ukto: dub: there, problem fixed
mircea_popescu: LameCoin- this is true. i'm just saying, i think a lot more people held btc than .1%
midnightmagic: mircea_popescu: Do you have the figure for how much the encrypted wallet.dat has cost?
LameCoin-: i doubt it go read on bitcoin talk how many sold out after 20-30% gains hoping to buy back in
mircea_popescu: midnightmagic sadly power-ranger team has not the time to do any auditing or reporting, so no.
Bowjob: Theres this dude who forgot he had a wallet.dat with lots of coins
Ukto: I was tired of seeing that link up there anyways.
jurov: Ukto, did you test it in chrome?
Bowjob: nah, it was a single person
Bowjob: he gave away 350 BTC to reddit users
mircea_popescu: LameCoin- do you mean .1% by headcount or by coincount ?
Bowjob: i got 5 btc from that stash
midnightmagic: mircea_popescu: Always the insults. And how does derogatory statements that are purely derogatory fit under the "telling the truth" umbrella you were espousing earlier?
Bowjob: i assume he had thosands
jurov: in konqueror+webkit it still does hide
Ukto: is the terms still at the top ?
mircea_popescu: midnightmagic point of fact is, the only way we know how much implementing it cost is by devteam saying "we spent 5 hours doing this"
jurov: but that's fringe browser, never mind
jurov: no term si on bottom
Ukto: but it acts the same? 0,o
Ukto: i will try to check it a bit later
LameCoin-: mircea: from my studies of markets, it is very very rare that anyone participates in a huge move
Ukto: have to get konqueror
midnightmagic: mircea_popescu: Were you referring to how many bitcoins were lost due to a wallet being easily stolen by a hacker?
Ukto: either way, thanks for letting me know guys. mucho appreciato. :)
LameCoin-: mircea: considering herding applies to all markets, even bitcoin just go read how many missed the boat on the latest rally over on the forums its astonishing
jurov: Ukto, just get webkit anything, like chromium. konqueror pulls half of kde in.
mircea_popescu: LameCoin- it's a weak supposition this, linear generalisation from fiat to bitcoin markets. we're still working at getting the hang of this
LameCoin-: how many in here rode bitcoin from $2 to 50
mircea_popescu: there's a lot of paradoxical movement (dub was referring one of the more documented types recentyl)
midnightmagic: mircea_popescu: So tell me after all these months of vitriol.. how successful have you been at dividing bitcoin into "actual reasonable people" and "worthless" people?
LameCoin-: mircea if you take a poll of channel you will find it to be a small %
midnightmagic: You've been hating on the devs for far longer than that.
LameCoin-: midnightmagic: well he has a point, the devs have turned into economists and politicians, they are suppose to be coders
LameCoin-: midnightmagic: nerds love to give themselves excessive credit when they percieve something going their way
mircea_popescu: LameCoin- i know at least a coupla people here who held, so it'd be above 1% for sure :)
midnightmagic: LameCoin-: I have no idea how you'd even show that without your hypothesis instantly falling to contradiction.
mircea_popescu: midnightmagic you still got any coins minted a year or two ago ?
LameCoin-: mircea: what type of market cap are you realstically expecting for bitcoin
mircea_popescu: i'd better start remembering at least the motherfucking titles.
LameCoin-: 14k per coin is enough to support a 50 trillion dollar global economy assuming everyone uses nothing but bitcoin
LameCoin-: so we can assume thousands per coin are not really realistic
dub: LameCoin-: remember we can divide the coins further
LameCoin-: the current world has a base money supply of about 4 trillion
mircea_popescu: LameCoin- notional derivative trade is literally boundless.
jurov: dub, that could end up akin to "oh we can add some bits to internet address later"
mircea_popescu: if it settles in bitcoin it doesn't even matter if the world uses zimbabwe dollars.
mircea_popescu: but that's a minor point comparing to the other hairs sticking out of the code
dub: jurov: it'd require a fork yea
dub: one would hope it isnt going to require as many forlifts as your example
LameCoin-: the balance of macroeconomic power will never shift from the west in our lifetime
LameCoin-: mircea: how so? can you name any innovations/products you actually use from the east?
mircea_popescu: products are not the point. you were discussing macroeconomy.
LameCoin-: the east has nothing to offer to be honest
mircea_popescu: the problem seems to be you're mingling a lot of assumptions crafted for comfort into your estimations.
LameCoin-: china with 1.6billion people has *0* worldwide brands
LameCoin-: the only ones they have were purchased from the west ie lenovo
mircea_popescu: LameCoin- because by "worldwide" you count a pool of 2-300mn people nobody cares abnout.
BitHub: who needs brands when ya making money
mircea_popescu: fact is, the us has zero worldwide brands in the sense that china has baidu and doesn't care about google.
LameCoin-: bithub but they arent making money
LameCoin-: most asian companies have aweful ROI
BitHub: is that why they own most of usa's debt?
LameCoin-: bithub: thats because they recycle it through debasement of their own currency
LameCoin-: mircea: the balance of trade in the EU is positive.
BitHub: west isn't even using m-wallets or m-commerce yet
mircea_popescu: the stakes just got too high for my blood in this convo.
LameCoin-: the US balance of trade is mostly energy
LameCoin-: asians are running modern day versions of mercantalism
LameCoin-: they think the way to prosperity is subsidizing exports in order to accumulate intrinsically worthless dollars
LameCoin-: read what happend to the british when they believed in mercantalism
BitHub: we're making money over ere
LameCoin-: once again, most asians firms have absolutely aweful ROI's
LameCoin-: if the balance of power was shifting to the east we would all be using asian brands and praising asian innovations
LameCoin-: only low end manufacturing comes out of china
mircea_popescu: your asian cultural masters slapped an american looking label on it
LameCoin-: mircea: wrong, only the lowest tech
LameCoin-: the largest exporter in the world per capita is actually germany
BitHub: its true, its a good trick
mircea_popescu: even when it came to it, asian firms delivered mining asics
LameCoin-: they only were capable of producing them
BitHub: but they delivered them
BitHub: what's blf doing again?
LameCoin-: because they have low end manufacturing capability
BitHub: asking for more money?
LameCoin-: when mercedes builds a 100k vehicle in a day
LameCoin-: an asian manufacturer has to produce a months worth+ of low end trinkets
LameCoin-: asian productivity is extremely low
mircea_popescu: bitcoin is mined on asian designed, asian produced, asian delivered asics.
BitHub: mtgox is in asia now btw
LameCoin-: japans entire manufacturing infrastructure was developed from western instruction after WW2
BitHub: nah i dont really care i love both the west and asia
LameCoin-: they just excell at implementation
BitHub: they both got great girls
LameCoin-: name a product innovated from japan?
LameCoin-: all electronics were EU tech, that the japanese perfected
Bowjob: bukakke noodles are delicious
BitHub: used ladies panty vending machines
Bowjob: yeah i forgot about that
Bowjob: where they serve live fish
LameCoin-: as i stated before, if asians were going to rule we would be in awe at all the asian brands\innovations around us
BitHub: you're just racist LameCoin
BitHub: jealous of asia or something
dub: asia survive with brute force, they add little value overwall
LameCoin-: im just stating its a myth that the east is taking anything over
Bowjob: they invented engrish as well
mircea_popescu: this is like saying mpex doesn't add value because css.
mircea_popescu: things don't work that way, you don't get to define what value is.
BitHub: its like saying the scottish and welsh and irish add no value to britian
LameCoin-: the only value asia added was providing cheap manufacturing facilities
dub: all of these tech innovators you ascribe have higher suicide rates in their sweatshops than american unemployment
assbot: [HAVELOCK] [HIM] 6 @ 1.75 = 10.5 BTC [+]
LameCoin-: there are no tech innovators coming out of asia
dub: it will cease to scale at some point
LameCoin-: they dont even have the capacity for advanced manufacturing ie germany style
mircea_popescu: all harddrives in the world are made in the same azn river bank
mircea_popescu: all memory is made there. all semiconductors are produced in asia
LameCoin-: putting a HD together is LOW end manufacturing
BitHub: who needs to innvoate when you can rip everything off
dub: thats edge case shit, they produce tech because we did the maff and worked out it was cheaper to let them do it
BitHub: isn't that what Hollywood did to John WOO?
BitHub: every good 90's action hollywood film wouldn't exists if they didn't rip off HK cinema
BitHub: and the west offers shitty products you don't need?
dub: like spray on cheese and tube fish
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72489 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72489 BTC [+]
Ukto: thanks mircea_popescu
assbot: [BTCTC] [BTC-BOND] 10 @ 0.00999 = 0.0999 BTC [+]
Namworld: [20:52] <LameCoin-> i think the worst thing that can happen to bitcoin is inflation of money supply through many pointless forks being created
Namworld: what do you mean? There's many forks and they're mostly valueless
kakobrekla: > trusted BitcoinTalk member < theres such thing??
mircea_popescu: kakobrekla i trust people on there to deliver prime comedy
dub: a_meteorite: because bitcoin
dub: LameCoin-: because bitcoin idiots (perhaps more dconcise)
dub: I swear my typing really isnt this bad, make way less errors on local terminals, im blaming synergy
dub: I'd blame the corporate notwork except it happens at home too
dub: because they got their bitcoin selling guns on SR
mpexbot: mircea_popescu: 0.110910892487 seconds
assbot: [MPEX] [O.BTCUSD.P370T] 900 @ 0.03297065 = 29.6736 BTC [-]
kakobrekla: no more margin on 1broker, icbit it lost in space
mircea_popescu: Actually there is a closing trade fee now for April and later contracts!
mircea_popescu: They added that in an attempt to force people out of their positions rather than just sitting on them; they claim it'll aid liquidity. Greedy.
mircea_popescu: basically... they fixed the site to stop cheating after i slapped them last year
assbot: [HAVELOCK] [HIM] 5 @ 1.7999 = 8.9995 BTC [+]
assbot: [HAVELOCK] [HIM] 3 @ 1.8 = 5.4 BTC [+]
kakobrekla: while bit4x traded over 50mio units on fx :p
assbot: [BTCTC] [ASICMINER-PT] 16 @ 0.72489 = 11.5982 BTC [+]
assbot: [MPEX] [X.IDIFF.JUN] 2 @ 0.3 = 0.6 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.724999 = 2.9 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.724999 = 4.35 BTC [+]
jborkl: so asicminer market cap is approx 13 million usd.:(
jborkl: didnt we already see that show ,didnt it start with g and end with a s
jborkl: reruns are kinda boring
assbot: [HAVELOCK] [HIM] 5 @ 1.8 = 9 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.8 = 3.6 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 22 @ 0.725 = 15.95 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 29 @ 0.7679 = 22.2691 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7679 = 1.5358 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 23 @ 0.7679 = 17.6617 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.768 = 3.84 BTC [+]
assbot: I haven't understood a single word you've said since I met you, not one single word.
gribble: BTCUSD ticker | Best bid: 47.03104, Best ask: 47.18000, Bid-ask spread: 0.14896, Last trade: 47.18000, 24 hour volume: 49293.76971465, 24 hour low: 44.80000, 24 hour high: 47.35000, 24 hour vwap: 46.58184
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769999 BTC [+]
assbot: [BTCT:ASICMINER-PT] 1D: 0.695 / 0.7171 / 0.768 (437 shares, 313.4 BTC), 7D: 0.65 / 0.71809 / 1 (1361 shares, 977.3 BTC), 30D: 0.65 / 0.69841 / 1 (1915 shares, 1337.4 BTC)
assbot: [MPEX:S.DICE] 1D: 0.00515 / 0.00597371 / 0.00599987 (976 shares, 5.83 BTC), 7D: 0.00413 / 0.00526468 / 0.006 (140672 shares, 740.59 BTC), 30D: 0.00300001 / 0.00613969 / 0.0069 (2440740 shares, 14,985.40 BTC)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7679 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.57 = 1.14 BTC [+]
assbot: [HAVELOCK] [HIM] 3 @ 1.83 = 5.49 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.769999 = 6.93 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 13 @ 0.77 = 10.01 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.77 = 15.4 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.00579 = 0.0579 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 60 @ 0.2599 = 15.594 BTC [+]
mircea_popescu: The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.
BitHub: i think they decided to give up on google and apple
BitHub: and just go after the citazens again and get their taxes
BitHub: alot of USD bitcoiners about to get fucked
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+]
assbot: [MPEX] [O.BTCUSD.P390T] 1000 @ 0.04438197 = 44.382 BTC [-]
Diablo-D3: heh I guess asicminer is going weekly dividends
BitHub: some of these companies its hardly worth risking 50btc every month to get a lil div.
Diablo-D3: BitHub: asicminer is the only company I'm really trusting atm
BitHub: want to buy some more of their shares?
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.725 = 2.9 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.725 = 1.45 BTC [-]
BitHub: i'm looking for a 1btc each exit
BitHub: bbs, pm me d3 if intrested.
Bowjob: Sell buttocins according to this dude
Diablo-D3: BitHub: not interested at this time
assbot: [BTCTC] [BITVPS] 75 @ 0.00688 = 0.516 BTC [+]
assbot: [BTCTC] [BITVPS] 22 @ 0.00688 = 0.1514 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 10 @ 0.000705 = 0.0071 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 6 @ 0.00579 = 0.0347 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 4 @ 0.000706 = 0.0028 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 27 @ 0.000707 = 0.0191 BTC [+]
assbot: [MPEX] [O.BTCUSD.P390T] 750 @ 0.04420293 = 33.1522 BTC [-]
Troic: well, etoro wants to join the fun but report all back to govt, old poker news rehashed, +ve bloomberg coverage and that malta fund thingy has new cringetastic site.
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.2599 = 0.5198 BTC [+]
assbot: [MPEX] [S.DICE] 240 @ 0.00569985 = 1.368 BTC [-]
assbot: [MPEX] [O.BTCUSD.P410T] 600 @ 0.05846793 = 35.0808 BTC [-]
gribble: BTCUSD ticker | Best bid: 47.68902, Best ask: 47.68943, Bid-ask spread: 0.00041, Last trade: 47.68901, 24 hour volume: 49887.21742911, 24 hour low: 45.00000, 24 hour high: 47.68901, 24 hour vwap: 46.70191
Bowjob: gearing up for $48 woo
Bowjob: i look forward to the day I can pay with some of my expensive meals with 0.1 BTC
Namworld: For now it affords some fastfood snack
dub: whats and expensive meal?
Bowjob: thats my average price
dub: I was gonna say $200 for 1 is starting to get pricey
dub: though one of my regular haunts has $1/gram steak minimum 200g
dub: thats just he steak too, sides/sauce etc is extra
Bowjob: if its $1 a gram, it better be kobe beef
Bowjob: not some americanized wagyu steak
assbot: [MPEX] [S.DICE] 1 @ 0.00599986 BTC [+]
dub: I want to say australia but I can't remember
Bowjob: theres a ban on export of kobe beef
Bowjob: so it cant be from japan
Bowjob: most likely australia or america
dub: paid $1500 for a table of 5 a little while ago, with plenty of booze
Bowjob: actually, i got my info wrong japan lifted the ban on kobe beef
Bowjob: but it's still ultra rare in north america
Bowjob: i had american wagyu, it was delicious.. I wanna try the real thing one day
dub: even type-o's can't process that shit properly
benkay: aww blacktape where u goins?
dub: my buddy has a good excuse 'I don't eat anything that has to shit'
dub: I kicked smoking and most drugs
dub: none of my vego friends are particularly healthy
dub: they still shitty food
ThickAsThieves: i'm no supermodel, but thats mostly cuz i'm on the computer too much
assbot: [HAVELOCK] [SDICE] 6 @ 0.55 = 3.3 BTC [-]
dub: because they are flying Luke-Jr out to make the software work?
dub: given that they have not reached out to ask upgraders to return fpgas I doubt it
assbot: [BTCTC] [S.DICE-PT] 3 @ 0.0055 = 0.0165 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.005 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 50 @ 0.005 = 0.25 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 449 @ 0.005 = 2.245 BTC [-]
benkay: hey mircae_popescu: what will your new method for getting order id's out to brokers be?
benkay: i'm reading your feb 2013 "innards" post
benkay: and how does that manifest as a significant pain point? i haven't noticed a significant lag between when people post orders and when the pastebin goes up
benkay: It doesn’t currently even know what id that order will receive in the trade engine, which is even more inconvenient for brokers that handle multiple customer accounts (but we’re working on a way to significantly mitigate this, which will be the next major update barring exigent necessity).
benkay: so a) what is new method
benkay: and b) not really a question but this is a pain point for people? just wait ten seconds for order id to get returned.
coingenuity: mircea_popescu: yeah, lots of crazy people
coingenuity: mircea_popescu: no idea, i work 20 hour days so i dont really pay attention to forums
coingenuity: mircea_popescu: as far as i'm concerned, there's nothing of note to read there anyway... just a bunch of bitcoin-tabloid type topics bout nothing :/
mircea_popescu: coingenuity i have people paid to pay attention and i have people paid to man the watchtowers for me.
mircea_popescu: benkay superficially it is not a problem, but on the old system (before the previous upgrade) there existed windows of a few minutes between when the trade engine executed and when the web proxies reported.
mircea_popescu: the solution basically allows the person putting in the order to compute a hash of it and then identify it in their execution reports.
mircea_popescu: at the present time it only works if your order hits the book
mircea_popescu: i am considering expanding it to work both ways and fully identify trades but there's also performance issues to consider and a whole keboodle.
dub: pokey as in Magical Pokey Usagi?
kakobrekla: and whats with the people funding fiat investments with bitcoin
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
benkay: meh. let brokers track their own orders.
Ukto: [21:21] <ThickAsThieves> i think BFL will ship this month <-- I see your putting your mouth where your money is. ;)
kakobrekla: Beauxe : Newbie : Re: Bitcoin Businesses and Developers, Let's Get Started! : Today at 04:07:51 AM
kakobrekla: I have run and started commodity exchanges. I am currently running one and would like to apply our technology and knowledge to bit coin. There is a decent possibility we may be able to list futures and other derivatives around BTC and LTC. Please whitelist me.
benkay: mircae how did you get into the business of starting an exchange?
kakobrekla: assbot would say 'you actions are useless'
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71 BTC [-]
mircea_popescu: the day you find there's a new pope from this bitcoi nbetting site you're involved with
mircea_popescu: people are basically in the middle ages, they;'d like to apply their potions and salves
mircea_popescu: meanwhile im trolling sarah silverman. curious how this goes.
mircea_popescu: in my experience nothing burns the retarded left more than pointing out that their bullshit is mostly dreamed up.
mircea_popescu: i guess it must remind them of their parents or something.
BitHub: hah maybe she's trolling?
BitHub: seems like something she would do
BitHub: nice background pic hehe
toffoo: any background story behind your twitter wallpaper photo mircea?
BitHub: oh i thought it was mircea walking down the street
BitHub: you know who's fun to troll on twitter? Kanye West
BitHub: because he'll actually take it serious and reply and go on about it
BitHub: she was pretty hot in those seinfeld eps
mircea_popescu: toffoo too lazy to grep this monstrous 2mb log. basically, me in mexico walking down the street eatin' chocolates
assbot: [HAVELOCK] [SDICE] 1 @ 0.56899999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.569 BTC [+]
assbot: [MPEX] [O.BTCUSD.P410T] 600 @ 0.05716318 = 34.2979 BTC [-]
toffoo: "it's not a purse, it's european"?
nanotube: mircea_popescu: update the faq and s/oldkeyid/newkeyid/. you changed it at the top, but oldkeyid persists further down.
Ukto: coingenuity: check your pms
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.0139 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00999 BTC [+]
grubles: mircea_popescu is there a way you can check if my account is active still
gribble: Nick 'grubles', with hostmask 'grubles!~buttsniff@unaffiliated/grubles', is not identified.
gribble: You are identified as user grubles, with GPG key id DDA96139C85CA43C, key fingerprint E02F7FF6CF582669BB266B53DDA96139C85CA43C, and bitcoin address 1DYVwy7Ru7fJ8HwwoL5VHTUR5jCWG38JPk
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: [MPEX:S.MPOE] 1D: 0.00076706 / 0.00076706 / 0.00076706 (5000 shares, 3.84 BTC), 7D: 0.00067334 / 0.00074201 / 0.00076718 (903469 shares, 670.39 BTC), 30D: 0.00061614 / 0.00069343 / 0.00078628 (45613856 shares, 31,630.07 BTC)
gribble: Nick 'assbot', with hostmask 'assbot!~assbot@unaffiliated/kakobrekla/bot/assbot', is not identified.
gribble: Nick 'mpexbot', with hostmask 'mpexbot!~supybot@unaffiliated/smickles/bot/mpexbot', is not identified.
mpexbot: mircea_popescu: (help [<plugin>] [<command>]) -- This command gives a useful description of what <command> does. <plugin> is only necessary if the command is in more than one plugin.
mpexbot: mircea_popescu: (post <paste key>) -- Supply a pastebin paste key containing a signed and encrypted MPEx command. Respondes with a pastebin URL with MPEx's response.
mpexbot: mircea_popescu: (vwap [<MPSIC>]) -- Returns a pastebin link with all available market data, excepting depth. If an MPSIC is specified, returns only the data relevant to that MPSIC in IRC.
mpexbot: mircea_popescu: (depth [<MPSIC>]) -- Returns the full market depth. If an MPSIC is specified, returns only the depth of the specified MPSIC in IRC.
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
mpexbot: mircea_popescu: An error has occurred and has been logged. Please contact this bot's administrator for more information.
mpexbot: mircea_popescu: {u'7d': {u'cnt': u'5', u'min': u'79079695', u'max': u'90144085', u'vsa': u'216644138243', u'vsh': u'2408', u'avg': u'89968495.9481'}, u'30d': {u'cnt': u'33', u'min': u'79079695', u'max': u'153153505', u'vsa': u'3065600173348', u'vsh': u'28783', u'avg': u'106507319.367'}, u'1d': {u'cnt': u'', u'min': u'', u'max': u'', u'vsa': u'', u'vsh': u'', u'avg': u''}}
mpexbot: mircea_popescu: Bids: ['300 @ 150000', '500 @ 140000', '1000 @ 130000', '1000 @ 120010', '5000 @ 120000']
mpexbot: mircea_popescu: Asks: ['300 @ 181000', '500 @ 183000', '1000 @ 185000', '3000 @ 190000', '2210 @ 197000']
benkay: dev team thinks tests are silly
benkay: mpex runs tests on production in public
mircea_popescu: basically i can't shake this tom green image from my head.
mircea_popescu: you know what scene when he delivers a baby in the messiest way possible
grubles: theyre too busy polishing their shiny new avalon asics
grubles: tom green was funny when i was in middle school
mircea_popescu: grubles which is why he's so adequate in this discussion
grubles: except freddy got fingered
benkay: chorus: "go do it yourself!"
grubles: there can be alternates but they wont have the bitcoin mafia i mean foundation backing them
grubles: people will either have to accept one client over another
benkay: this time the devs convinced the miners to do things their way.
benkay: this may not always be the case.
benkay: especially when power begins to concentrate behind people who understand how open platforms are supposed to work
benkay: or people with lots of money
mircea_popescu: benkay moreover, especially as people with actual skin in the game start to emerge.
mircea_popescu: currently the miners are more in it for the bragging rights than for the money
benkay: think cambrian explosion of bitcointech
mircea_popescu: this makes for a very dysfunctional lord of the flies environment
benkay: interoperability is typically important
benkay: but beyond my pay grade tbh
benkay: also it's *inevitable* that the chain fork and fuck some people eventually
benkay: people all want reward and no risk
benkay: best have good tech, homeboy
benkay: the people who appreciate well engineered things will quietly keep their shit regular
benkay: while the rest of the plebnet falls further and further behind
benkay: recreational miners are fucked
mircea_popescu: and one that is very probable if people stuck to the sort of nonsense evertyone's used to.
benkay: no it's a possibility though
benkay: i think the system is multistable
benkay: mp wants to drive it to one place
benkay: devs don't have a vision
assbot: quest for vision is a great blessing.
assbot: [BTCTC] [S.DICE-PT] 150 @ 0.005 = 0.75 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.76 BTC [+]
BingoBongo: Wow, kakobrekla; I thought I was planning something stupid...
BingoBongo: Today in a moment of weakness I was tempted to register on the WOT and start cloning the late Intrade so I could supply idiots with the Bucketshop that they need
BingoBongo: I'm just trying to figure out how little reserves a "prediction market" needs to really operate...
assbot: [MPEX] [O.BTCUSD.P410T] 600 @ 0.05662037 = 33.9722 BTC [-]
kakobrekla: maybe mircea_popescu can enlighten you
BingoBongo: Maybe I'm reading wrong which wouldn't be the first time, but it seems like a fair way to separate idiots from their coin.
assbot: [BTCTC] [S.DICE-PT] 1408 @ 0.005 = 7.04 BTC [-]
BingoBongo: mircea_popescu I've done bankrupt in the legal liquidation sense before. Surprisingly pleasant.
BingoBongo: If your trustee thinks you drink like a certain FPGA shilling Tom they just assume you'll end up in the Salvation Army shelter anyway
mircea_popescu: for all the nuts ranting and raving about how inept she is in that thread...
BingoBongo: Really they need to kill BDB with fire. There is no other way. Gavin doesn't have a way to maintain BDB compatibility in LevelDB.
BingoBongo: BDB just doesn't play nicely with other databases.
mircea_popescu: okay... but i mean, it's old and stable, well tested, much deployed
BingoBongo: An analogy is how there is no good Postgre fork of WordPress
BingoBongo: it is just a Google doohickey, but it works better and the license is right
mircea_popescu: tho i think code conservatism may be more valuable. rather use something muchly used than something faster, if those are the only two data points.
BingoBongo: The problem isn't faster the problem is scalability. SatoshiDice for all I defended it against, with BDB's locking bahavior killed BDB as a bitcoin dependency
gribble: Time since last block: 1 minute and 16 seconds
gribble: Current Blocks: 225769 | Current Difficulty: 4367876.000842196 | Next Difficulty At Block: 225791 | Next Difficulty In: 22 blocks | Next Difficulty In About: 3 hours, 20 minutes, and 30 seconds | Next Difficulty Estimate: 4829378.08809 | Estimated Percent Change: 10.56582
gribble: There are currently 95281.952 bitcoins offered at or under 1000.0 USD, worth 10346802.3062 USD in total. | Data vintage: 707.1424 seconds
gribble: Error: Failure to retrieve ticker. Try again later.
gribble: There are currently 0 bitcoins offered at or under 5.0 USD, worth 0.0 USD in total. | Data vintage: 753.6468 seconds
gribble: There are currently 28952.846 bitcoins offered at or under 50.0 USD, worth 1417409.54359 USD in total. | Data vintage: 769.2750 seconds
gribble: There are currently 264838.33 bitcoins demanded at or over 5.0 USD, worth 6269951.46228 USD in total. | Data vintage: 785.5630 seconds
gribble: A market order to sell 350000 bitcoins right now would net 6509777.9570 USD and would take the last price down to 1.2000 USD, resulting in an average price of 18.5994 USD/BTC. | Data vintage: 912.4385 seconds
gribble: Error: invalid syntax (<string>, line 1)
gribble: Error: invalid syntax (<string>, line 1)
gribble: A market order to sell 350000 bitcoins right now would net 6509777.9570 USD and would take the last price down to 1.2000 USD, resulting in an average price of 18.5994 USD/BTC. | Data vintage: 1030.6224 seconds
kakobrekla: coincidentally im just writing a short report aroud that.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.765 BTC [+]
BitHub: what was wrong with that italian president that has cex with a hooker?
mircea_popescu: ya well, if you factor her mental age into this equation...
BitHub: i liked how he rigged the recent election
BingoBongo: Hey, the Lira is still cheaper than quilted Northern
BitHub: yeah been back for an hour, caught up in cleaning, trolling, hows the testing going?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.765 BTC [+]
assbot: [MPEX] [O.BTCUSD.P390T] 750 @ 0.0419584 = 31.4688 BTC [-]
mircea_popescu: Less than 5 per cent of users predicted to be gay, for example, were connected with explicitly gay groups.
BitHub: you better have been luling at me then
BingoBongo: It all depends on BBet's definition of publication and the amount of juices BBet has running down there desiring a won house bet.
mircea_popescu: but anyway, the bet reads that support will be published. nonsuport being published isn't related is it.
assbot: [BTCTC] [CRYPTO-TRADE] 10 @ 0.2 = 2 BTC [+]
BingoBongo: Just think the first graphene took some scotch tape and a #2 pencil
assbot: [MPEX] [O.BTCUSD.P410T] 200 @ 0.05561259 = 11.1225 BTC [-]
BingoBongo: Isn't Avalon still struggling to get a fraction of the first batch out/
BingoBongo: It seems units shipped rather than units blown up is still going to be the deciding factor at the wire
mircea_popescu: hey kakobrekla some way to link to comments specifically ?
Anduck: why didnt the "before march" bet get any bets :(
Anduck: well, it did get like 20 btc
BingoBongo: lol, BFL through recklessness might make it this time though
Bowjob: looks like btc-e is down
BingoBongo: March 15th was too imaginably close. The 31st though is an inconceivable neverland of miracles.
BingoBongo: They elected a Jesuit, so they boy touching is never going away
Anduck: soo close the 15th march bet alrdy? =D
Anduck: "Resolution: in 15 hours 51 minutes (15-03-2013)"
BingoBongo: I think BFL might ship something, but probably miss the target
Bowjob: meanwhile.. btc-e is down
BingoBongo: If it isn't NVC and trades on Btc-e it trades on Vircurex with greater market making opportunities
BingoBongo: BTC-E has more volume than Vircurex, but but Vircurex has so many opportunities to trap idiots by using thin Bid/Ask walls. If bitcoin is play money what are these altcoins...
assbot: [BTCTC] [GSDPT] 520 @ 0.005 = 2.6 BTC [-]
BingoBongo: Already first hit on Google for "trilema blog cat"
assbot: [HAVELOCK] [SDICE] 3 @ 0.55 = 1.65 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.54900001 BTC [-]
assbot: [HAVELOCK] [SDICE] 25 @ 0.549 = 13.725 BTC [-]
grubles: the 'cat' a euphemism for the female body part?
grubles: if so there is probably more than one post
mircea_popescu: and yes there's approximately speaking between 5490680 and 59804586 cunts on tyrilema
grubles: mircea_popescu: the red or the white?
grubles: do...do you get that reference or are you the only romanian that has watched ace ventura
BingoBongo: kakobrakla your bounty on Rugatu is redeemable now
BingoBongo: Ah, needs to move from pending to approved. SHould be available in 2 hours, probably...
grubles: i feel like your nick should be bingoboingo
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769998 BTC [+]
assbot: [BTCTC] [BTC-BOND] 100 @ 0.00999 = 0.999 BTC [+]
wh1t3r4bb1t: Send me around the world on bitcoins only so I can document it and make a movie
BingoBongo: wh1t3r4bb1t where are you starting from?
BingoBongo: I'm afraid your best bet is to spin around in a circle... I'm afarid the price to drag my Saturn down there is a bit too steep...
wh1t3r4bb1t: I will zig zag around the world proving that you do not need anything but bitcoin to survive.
Anduck: selling asicminer @ 0.78
BingoBongo: wh1t3r4bb1t It seems you underestimate the ability my plastic Saturn L-series sedan has shown to swim in the past...
mircea_popescu: yes, the point of the article is "here's how you cook cat"
mircea_popescu: all these doods with the kobe bs never had decent mare.
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.769998 = 7.7 BTC [+]
dub: hot with dat gpu rig running
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7351 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.735 = 5.88 BTC [-]
assbot: [MPEX] [O.BTCUSD.P430T] 750 @ 0.07093982 = 53.2049 BTC [-]
deadweasel: ThickAsThieves: just me misinterpreting regular price fluctuation in btc
assbot: [BTCTC] [S.DICE-PT] 300 @ 0.0054 = 1.62 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.769998 = 3.85 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.769999 = 3.08 BTC [+]
mircea_popescu: ;;later tell bingobongo hey, SalvorHardin and Philip both win. mark the first guy as winner and tell the other to get in touch here.
assbot: [BTCTC] [GSDPT] 10 @ 0.005199 = 0.052 BTC [+]
mircea_popescu: so in the end is bitfunder streaming quotes or not rly ?
smickles: mircea_popescu: the internet is full of cats
smickles: and trilema is a subset of the internet
mircea_popescu: ya but girls are full of cooties, guys are a subset of hm
mircea_popescu: i know there's something wrong with your logic but unsure what exactly
smickles: mircea_popescu: it's an informal fallacy
assbot: [BTCTC] [BTC-BOND] 200 @ 0.00999 = 1.998 BTC [+]
smickles: mircea_popescu: i'm testing my sales system now, since i've decided to release what I have now as a 'beta' at half price.
mircea_popescu: (also, you might consider making use of the ref system)
smickles: I haven't put thought into how that would work yet
gribble: Time since last block: 12 minutes and 5 seconds
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.737 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.736 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.735 BTC [-]
assbot: [BTCTC] [ESECURITYSABTC] 3 @ 0.4 = 1.2 BTC [-]
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.39839 BTC [-]
mircea_popescu: watch luke & idiotco learn chinese to better explain why everyone should care about their pasty-ass preconceptions.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.182 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16 BTC [-]
assbot: [BTCTC] [COGNITIVE] 10 @ 0.16 = 1.6 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.152 BTC [-]
assbot: [BTCTC] [COGNITIVE] 9 @ 0.1502 = 1.3518 BTC [-]
dub: well apaprently lluke has 5th of asic on his pool
dub: and that better not be asicminer
Namworld: ASICMINER will need to get a better chip out soon after these first batches tho
dub: pretty sure that was the plan
dub: shrinking the process is not as hard as starting over
ThickAsThieves: mp your article is kinda depressing. i think you might underestimate how many people feel like they are the only ones that see The Right Way, and separately that you could just as easily not be Right at all (life is tricky that way). You seem to care (be bothered by) so much about people that you feel are worth so little.
mircea_popescu: how do you distinguish between the case where you're right and the case where you're wrong
mircea_popescu: obviously this isn't a vestable attribute, like "being tall"
mircea_popescu: well, if you're going the route of relativism might as well forget about action at all
ThickAsThieves: i think human nature includes wanting everyone to be more like what you want
ThickAsThieves: some people handle that by just copying others to be more like the group
mircea_popescu: evolution forces species to be more like "right", for a natural definition of that term.
ThickAsThieves: i'm gonna be careful cuz i'm, not quite the level of philospher/anthropologist you are
ThickAsThieves: but ultimately what's right, it seems, is that which keeps us most adaptable as a species
mircea_popescu: understand, i'm not saying there's anything wrong with the "what keeps me out of pain is right" approach in general.
mircea_popescu: im just saying it's woefully inadequate in anything to do with money, or more generally value
mircea_popescu: basically my theory is that the sensate world is underpinned by two essences
ThickAsThieves: and if i were a psychiatrist i'm sure i'd be able to figure out why
mircea_popescu: well... you wouldn't know cause you don't read russian, but it's not new.
ThickAsThieves: i'm no Einstein, but I al constantly disappointed in people
mircea_popescu: 1970s, the soviets were going "great", thinking people were starting to suspect intelligence is a burden.
ThickAsThieves: and i had to kind of find a zen place to balance it all
ThickAsThieves: i, like most of here us probly, seek out control of our environment
dub: I know mrb isnt an idiot, so can someone explain to me why AMs costs go up if BTC/USD does?
dub: ah nm, I think he's arguing against someone who thought the increasing BTC/USD was a good reason to buy AM at these prices
jurov: as certain diligent coinbr user spotted
jurov: S.DICE has much different order book data than on asset page
ThickAsThieves: mp, is there anywhere i can read about this russian intellgence as a burden stuff?
mircea_popescu: jurov i just went through s.dice, failed to see a difference ?
mircea_popescu: the jsons are not sorted, could that give the impression the book is different ?
deadweasel: no doubt. imagine that -- running for your lives into siberia.
dub: deadweasel: eeeevillldooooeeerssss
smickles: all of the sudden there is an issue with the underlying toolkit i'm using
mircea_popescu: ThickAsThieves i'm not sure there's a better source of all soviet woes in englush than stoljenitsn
jurov: mircea yes now it's fresh :)
mircea_popescu: and for the record, i'm adding safeties to not have stale cache again. this one managed to get away!
deadweasel: /home/dxaccess-qa/dxaccess/bin/start-results-migration.sh
mircea_popescu: deadweasel : simple rule. have all terminals white on black. have all non-terminals black on white. problem solved.
deadweasel: yeah, simple rules don't fix things for idiots.
deadweasel: you will be disappointed with what you find
deadweasel: unless you like lab results for horses, then you'll be ecstatic
kakobrekla: yeah but not the riding or the fucking part.
deadweasel: well, alot of them have abscesses and whatnot. and cancer. and growths.
jborkl: That is kinda sick, but whatever
ThickAsThieves: funny now that everyones testing all the meat to see what animal dna is inside
deadweasel: yes, the horses are sick. so they go to the vet. the vet takes blood, sends it to our lab, we send the results to our pretty webUI
jborkl: I was referring to him eating out horses
jcpham: I AM GETTING ANEW PUPPY
kakobrekla: lol now alex jones is talkin on bitcoin
TomServo: kakobrekla: What brilliant insights does he offer?
kakobrekla: so far he has the balls the admit he has no clue
jcpham: stay away from it kakobrekla
TomServo: Well, that's something I guess.
dub: alex jones is teh face of libertardanism
jurov: ;;gpg everify freenode:#bitcoin-otc:5b71a25a862c24f0927276f970937619b057231843eb509b905fdcf3
gribble: You are now authenticated for user jurov with key 677ABD62D0AEE7D7
jurov: Reminder - I'm still processing S.MPOE claims for helpful MPEx users
jcpham: alex jones is an paranoid whacko
jcpham: bilderburg 9/11 inside job loony
dub: yea like I said libertarian
dub: straps 3 ar15s to his penis before he leaves the house
jcpham: lives in fear and never leaves the house
mircea_popescu: dub wait, libertard is someone who believes in global warming and shit about how you shouldn't say nigger, right ?
ray: Since you're talking about, Alex Jones thinks Max Kaiser is the creator of Bitcoin
jcpham: dub isn't being descriptive enough
jcpham: dub is down playing this man
jcpham: he has a dedicated following of sheeple willing to do what he says
ray: yep, have you got your water filter yet? essential to remove the government drugs that make you docile
TomServo: Alex's interview with Piers Morgan was hilarious - if you're ever bored.
mircea_popescu: something tells me by 2015 we will be all doing some diff chain and mostly we'll be saying "no, this is not bitcoin, no this is not associated with the weirdo bitcoin devs, the weirdo bitcoin talkshow hosts and the weirdo etc"
TomServo: It seemed like he was making a concerted effort to appear as batshit insane as possible...quite strange.
dub: TomServo: hilarious is one word for it
dub: yeah the batshit is strong in that one
dub: you'd be uptight too wearing a 30kg bar of silver in your ass
TomServo: I think things would be rather loose in that case.
kakobrekla: basically AJ says Max Keiser created Bitcoin
gribble: Nick 'kakobrekla', with hostmask 'kakobrekla!~kako@unaffiliated/kakobrekla', is identified as user kakobrekla, with GPG key id 27AF75321F2489E8, key fingerprint 27C3CE9A20851312F086268C27AF75321F2489E8, and bitcoin address None
smickles: hmm, there hasn't been an order reported from gox in a while
smickles: strange, bitcoincharts is seeing orders
assbot: [BTCTC] [S.MPOE-PT] 30 @ 0.00068 = 0.0204 BTC [-]
mircea_popescu: markedathome dude you're becoming like a beacon of sanity or something
mircea_popescu: "So please, lets just admit we aren't up to spec and have never been up to spec, and focus on getting there instead of pretending that "the world is after all perfect, if requiring a little adjustment" is a bastion of software engineering."
assbot: [BTCTC] [S.MPOE-PT] 70 @ 0.00068 = 0.0476 BTC [-]
mircea_popescu: "So for a single database transaction which consists of all Bitcoin transactions in the block the number of locks required is O(N * log_b S). This number has no upper bound, it logaritmically increases with the size of blkindex.dat."
dub: kakobrekla: stop complaining and code your own one nyeaa nyeaa nyeaa
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769996 BTC [+]
kakobrekla: and its not some optimisation feature as well
kakobrekla: lets take some other euqal block of 100
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.1 = 0.4 BTC [+]
mircea_popescu: anyway, from reviewing the summaries of ~15mb of public and private conversations re this bug i'm sort-of contented that people have mostly got it,
mircea_popescu: and while they have somewhat humanly understandable trouble coming out with "We're idiots", nevertheless the message has landed fine and people are working at it.
smickles: ug, why can't i tell this thing to use my self signed cert ?
TomServo: I don't understand how the price is holding given the uncertainty surrounding the bug.
smickles: anyone know of a good free ssl cert issuer who isn't just mining me for information?
smickles: mircea_popescu: i thought you just didn't use ssl, so how would you know?
jurov: smickles, startssl? can't get much better than that
jurov: yes. then you just make other request and go another year
smickles: kakobrekla: what do you suggest then?
jurov: i got comodo positivessl
kakobrekla: i have a guy here that can make em for 10e or so
kakobrekla: mircea_popescu where is that pissing on the devs thread urlpls
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.769996 = 1.54 BTC [+]
jurov: lol, there's also spanking thread to each according to their taste.
Namworld: Well I managed to get gigavps to remove me from skype by arguing against his paid upgrade.
jurov: oh Namworld, btw i got an invoice from bitvps
Namworld: Not sure how he justify all those costs...
jurov: i hereby recommend you all to stick it into orifice of your choice
smickles: wtf, startssl just gave me a timeout
kakobrekla: smickles they wont give ssl to bitcoin related services
Namworld: Oh, that was already taken care of.
smickles: kakobrekla: suppose i tell them that it's an accounting service and not mention anything about bitcoin
kakobrekla: yeah, accounting, nothing to do with finance
smickles: well, i'm not finding this 10 euro guy who you have
jurov: not if it nas *coin* in the domain
assbot: [BTCTC] [SYNERGY] 1 @ 0.05103 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.05102 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.05017 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.05 BTC [-]
jurov: startssl prolly says they don't endorse fecal humor
mircea_popescu: and btw, to all the people who think they are safe from ddos because "cloudflare" or equal bs :
Namworld: Why didn't you put a cancellation request jurov?
mircea_popescu: sounds like a great plan, strategic manager should get a bonus for that oen.
jurov: Namworld, phungus clearly said "we won't ever turn your vps again."
jurov: so he's now responsible for any cancella tions
Namworld: I hope he wasn't as harsh as that short sentence makes it sound.
smickles: "...users using hotmail.com email address may have difficulty in receiving their hosting welcome emails from us. We strongly recommend that you use some other email address at this time. We also would advise you to contact our support using a non-hotmail email address to receive replies properly. It is especially hard to track email delivery failure with Hotmail, as Hotmail servers do not return a failed status, but silently discard emails which d
jurov: look into #bitvps logs, it's there
jurov: really should i dig them for you?
jurov: they clearly kicked me out. so they should also cancel my acct themselves.
Namworld: urgh, then service should also have been cancelled
Namworld: yes so he doesn't receive invoices anymore
Namworld: I should probably handle PR from now on...
Namworld: It is if that's the way things are announced.
jurov: Namworld, PR-side I recommend that next time a client mentions ddos possibility, you damn well listen to them
jurov: not like "oh coinbr.com seems under dos, too"
jurov: "let's do nothing"
mircea_popescu: well in fairness vps wasn't going to be able to take it.
jurov: eh, not gonna to discuss this again, you're never aware of anything
Namworld: Either way, we only have a few dozens clients and few dedis. Not like we could have handled a large DDoS.
Namworld: Doesn't seem like the let go was handled properly at all.
Namworld: I've cancelled the service, you'll no longer receive invoices/notices.
kakobrekla: Namworld what do you do when a client is 1 month late on payment
jurov: okay, so i'll ask only one thing. next time client asks you "in case of ddos, will i be billed the traffic?" what do you answer?
jurov: i hope not "i'll be surprised" like you did last week just few hours before the ddos
jurov: now you probably aren't aware this happened but damn well it did. in this very channel.
Namworld: <jurov> okay, so i'll ask only one thing. next time client asks you "in case of ddos, will i be billed the traffic?" what do you answer?
jurov: Namworld: what? you don't know what to do in this case?
Namworld: What's that about? We don't bill extra traffic, we'd ask the person to upgrade. In your case tho, would have been impossible to support you further. We'd have to drop DDoSed clients
Namworld: No, you make it sounds like someone said you'd be billed for it.
jurov: No, I think the right answer would be to ask the client why they expect the dos and where
jurov: and move the info to tech staff
Namworld: Oh, We don't have the infrastructure to handle any large DoS tho, we're relatively a very small host. Not the kind that was being conducted against MPEx. Not sure what you would ahve wanted us to do.
Namworld: It's just not feasible for us to do so.
jurov: Namworld, i wanted you to consider the possibility beforehand. not being caught like a deer in the headlights
jurov: and even then, the ddos was raging for 6 hours till anyone started to do anything with it!!!!
mircea_popescu: if i may, everyone has a point here. in fairness we didnt really know how hot things will get early on. in retrospect it can be said that "well duh, obviously if it can take out mpex's main it will wipe a vps somewhere". but at the time i was busy and i guess nobody else realised it.
mircea_popescu: on the other hand there's never going to be an economical solution to offer vps servers and yet scale it up in case of a serious ddos
mircea_popescu: so practically a vps host can't do much more than "sorry, we can't host you, you're too big".
jurov: well, having an alert for such cases is well within their economical reach... instead of waiting 8 hours till whole dc is in ashes
dub: I think while there could have been a quicker response (and really the pain here is for any other customer of bitvps), a $20 vps is not expected to handle any kind of dos in a way that mitigates the attack for its target
dub: thats just my experience with gettign dos'd on $20 vpsen :)
Namworld: We have 1 server in switzerland.
dub: and yes I took out linodes fremont facility once
dub: because someone wanted my nick on IRC
jurov: okay, it was the server then, not the dc. and yes, i shouldn't have expected any thing else
jurov: but having to wait 6 hours and then another 2 hours fo r the staff trying to figure out if it's really an attack
jurov: that would enrage everyone
mircea_popescu: Mar 07 03:46:04 <jurov> Namworld if this causes to overstep my bitvps bandwidth, or causes bitvps to be included in ddos outright
mircea_popescu: Mar 07 03:48:14 <Namworld> i would be surprised, jurov
jurov: ^exactly this i was speaking about
mircea_popescu: well... he promised to be surprised, he was surprised. no scam.
Namworld: ... that's not really the point
Namworld: But apparently yes, words got out quickly and it was DDoS'ed too.
mircea_popescu: anyway. it doesn't look like there's much more anyone could have done practically.
Namworld: We only have a few nodes, we might be the most popular host in BTC zone but that's quite small a clientbase.
jurov: well, but if you don't want to host anything critical, where does this leave you?
jurov: irc knitting group with some hosting slapped on?
mircea_popescu: jurov listen, pretty much nobody offers off the shelf ddos proof hosting
Namworld: It actually is very expensive. Pretty much any host will kick someone getting DDoSed outright. Not that it's something we'd wish to do, but it's not economically feasible at the cost VPSes/Shared hosting are billed.
Namworld: and we are pretty much salvaging RG's business which was barely breaken even. There's no money for 24/7 staff and we all have to work on it outside our day job/etc.
Namworld: We're already moving out of rented servers and have bought dedicated servers. We'll be upgrading and consolidating.
mircea_popescu: Namworld it's a best effort business, we get it. perhaps the only improvement is to have an internal messaging system somehow, so if you hear ddos early warning it can be used somehow
Namworld: But we're pretty much investing in a business that was in the red.
Namworld: Once we get our own servers instead of renting, we'll be in the green. For now we're focused on doing that and moving clients.
Namworld: Once that is done we can start improving services.
Namworld: But there's still a lot of work ahead.
jurov: to be honest, i was thinking about moving somewhere else back after december outage
jurov: but couldn't get any good advice except to pay heavy $$$
dub: I would only go with big name brand for a vps
Namworld: The switzerland node we have has been getting many issues at the DC level. We might drop it altogether and have to find another node to rent for Europe.
dub: there are so many 2 bit (!) shops out there
Namworld: For US we're consolidating clients in New York on owned servers.
dub: jurov: not to be rude, and this is why I still use linode, you can't expect any $20 vps to handle anything critical
jurov: okay okay, i'm not complaining about that
jurov: i have just issue with communication and delays
jurov: but prolly that's to be expected for $40 vps, too...
Namworld: Well we hope to be able to be staffed 24/7 later on.
kakobrekla: >We might drop it altogether and have to find another node to rent for Europe.
dub: good, cheap, fast, pick two
parseval: Beyond mitigation steps with firewall software, you could architect the web app to easily scale to multiple servers, then toss in nodes from AWS on demand during an attack. A bit pricey, but if the question is whether you pay more or shut down...
mircea_popescu: parseval software firewalls weren't even being touched, routers got it.
assbot: [MPEX] [X.IDIFF.JUN] 1 @ 0.08995 BTC [-]
jurov: RandolphDuke btc-tc is exchange not broker
jurov: and you did not say your criteria
jurov: these are passthroughs backed by mpex assets
RandolphDuke: from what i take it btc-tc takes 5% of the dividend ammount
jurov: coinbr is not asking a fee for receiving dividends, but asks 0.09/month flat
RandolphDuke: what about reputation, is coinbr the same people as mpex?
jurov: no, i'm coinbr owner, mircea_popescu is mpex owner
dub: he has a good reputation
jurov: it's discussed extensively on bitointalk, lemme dig it...
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.0018 = 0.018 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.53 = 2.12 BTC [-]
smickles: RandolphDuke: i believe that coinbr is the only mpex broker with a website
smickles: and, ugg, i just installed a proper ssl cert ... now apache wont start
smickles: and i can't find any useful error in the logs
kakobrekla: Inaba: My open offer for a bet: BFL will ship the promised products within a reasonable time frame (as determined by a reputable member of this community, I propose Casascius). I offer BTC from 100 BTC to 2000 BTC. I am also willing to accept the domain name joshzerlan.com in lieu of BTC on the part of Bryan Micon.
mircea_popescu: kakobrekla : make an alias for josh-zerlan.com on bitbet's server
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3449 BTC [+]
smickles: how am i supposed to fix something when there are no errormessages or logs?
mircea_popescu: smickles join the club, my sysadmin ppls have been wrangling with something exactly liek that for 3 days now.
smickles: mircea_popescu: but this should be simple, and common. I'm sure many people install ssl certs
Troic: selinux / strace are your friends and foe
assbot: [MPEX:S.MPOE] 1D: 0.00072543 / 0.00072578 / 0.00072614 (22480 shares, 16.32 BTC), 7D: 0.00067334 / 0.00074098 / 0.00076718 (769435 shares, 570.14 BTC), 30D: 0.00061614 / 0.00069589 / 0.00078628 (43419967 shares, 30,215.69 BTC)
assbot: [MPEX:S.DICE] 1D: 0.00569985 / 0.00584763 / 0.00599987 (473 shares, 2.77 BTC), 7D: 0.00413 / 0.00575556 / 0.006 (50044 shares, 288.03 BTC), 30D: 0.00300001 / 0.00613776 / 0.0069 (2392891 shares, 14,687.00 BTC)
smickles: the internet is so useful: "Wow after hours of digging I finally found the solution thanks to a post by rajanichand Here what I did in
httpd.conf I commented out the SSLCACertificateFile line and it worked."
smickles: unfortunately, i don't think i have the right kind of mind for that solution
smickles: and i've come across a handfull of "UPDATE: i fixed it after finding _this_line_ in som OTHER logs" But they never say what logs those were
jurov: smickles, you don't have passphrase set on key?
jurov: so that apache is stopping somewhere and waiting for it
smickles: jurov: i believe i do have a passphrase set on the key
jurov: get rid of it.. you can add it later if desired
smickles: could it be stopping and waiting for me to type it in somehow?
jurov: yes tat's exactly what it does
jurov: some openssl magic invocation
smickles: i will send you a tip if this works
smickles: hmm, i'm going to have to send a new csr to those guys now, arn't i
smickles: jurov: give me an addy, it worked.
smickles: but now, the thing that prompted me to do this is giveing another error
smickles: blockchain.info's api making a callback to my server
smickles: their java install doesn't seem to think my cert is a good cert
jurov: nromal browser is not complaining?
jurov: does apache provide all certs in chain or only the your one and the CA?
jurov: i remember i had to add them all cause some browser was unhappy
smickles: SSLCertificateChainFile /etc/apache2/PositiveSSL.ca-bundle
smickles: is that what you're talking about?
jurov: yea that should work
smickles: yeah, it's in there, and has been in there
jurov: i dunno. so 1DzxV3arKg22TfVYx4nw1rLFJmjLTnXHi7 then
jurov: maybe you'll have to import them into java then
smickles: lol, yeah, import my cert into their java. anyway, sent :)
smickles: mircea_popescu: when 'they' try to send a callback to my server, their software gives them "Error sun.security.validator.ValidatorException: PKIX path building failed: sun.security.provider.certpath.SunCertPathBuilderException: unable to find valid certification path to requested target" and gives up
jurov: lol maybe their java is outdated
smickles: wtf, would they really be on 1.5?
Bowjob: my electrum wallet doesnt appear to work lol
assbot: [HAVELOCK] [HIM] 1 @ 1.82 BTC [+]
mircea_popescu: “The welfare state reduces a citizen to a client, subordinates them to a bureaucrat, and subjects them to rules that are anti- work, anti-family, anti-opportunity and anti-property... Humans forced to suffer under such anti-human rules naturally develop pathologies. The evening news is the natural result of the welfare state.”
smickles: mircea_popescu: don't love AJ, it's a sin
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1555 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.155 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.15199 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.15021 = 0.3004 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.15021 BTC [-]
assbot: [BTCTC] [COGNITIVE] 6 @ 0.1502 = 0.9012 BTC [-]
assbot: [BTCTC] [COGNITIVE] 20 @ 0.15 = 3 BTC [-]
mircea_popescu: “Altruism does not mean mere kindness or generosity, but the sacrifice of the best among men to the worst, the sacrifice of virtues to flaws, of ability to incompetence, of progress to stagnation--and the subordinating of all life and of all values to the claims of anyone's suffering.”
assbot: [HAVELOCK:SDICE] 1D: 0.53000000 / 0.54966167 / 0.57000000 (60 shares, 32.97970000 BTC), 7D: 0.44000006 / 0.56318428 / 0.61999910 (735 shares, 413.94044920 BTC), 30D: 0.37000000 / 0.62515082 / 0.75900000 (5260 shares, 3288.29329337 BTC)
assbot: [MPEX:S.DICE] 1D: 0.00569985 / 0.00570109 / 0.00599986 (241 shares, 1.37 BTC), 7D: 0.00413 / 0.00575556 / 0.006 (50044 shares, 288.03 BTC), 30D: 0.00300001 / 0.00613751 / 0.0069 (2388391 shares, 14,658.80 BTC)
smickles: jurov: phantomcircuit nailed the second issue, my server wasn't providing enough of the cert chain, browsers just dl the missing parts, java needs the whole thing spoon-fed to it
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.769994 = 15.3999 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769995 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.769996 = 3.08 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00574 BTC [+]
smickles: heh, actually i do think it's funny, but it sends a bad message
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
dub: did you see my link before?
dub: be fun to set two points in london and try to navigate at full zoom
dub: tbh I spent ten minutes looking for porn and gave up
dub: probably need to refamiliarise myself with the best socioeconomic direction
dub: its been 30 odd years since I've been there
midnightmagic: mircea_popescu: Human progress exists because people cooperate together, and are nice to each other. The peoples whose nature is to prey on other humans, to cast them away, or to be mercenary, these are destructive elements. People who are destructive while pretending their acts select for greater fitness is a perversion of the nature of Darwinism which does not, in fact, match reality.
mircea_popescu: you equivocate plenty in there. progress does not exist. humans do live comfortably because they cooperate, but this does have no relation to being nice.
midnightmagic: mircea_popescu: Nor is courtesy and kindness in the face of cruelty anything I would espouse.
midnightmagic: Progress does exist in the form of higher standards of living, freedom, and the advancement of human knowledge and science.
mircea_popescu: standards of living have been collapsing ever since welfarism (which is a good example of the nice/cooperation confusion)
midnightmagic: mircea_popescu: If you would like to make a specific point about altruism rather than make quotation-like assertions, I would be happy to entertain it.
mircea_popescu: the only way that collapse can be hidden is by avoiding reference to objective standard.
midnightmagic: And I would say that those who prey on other humans and run confidence games with them are more responsible for the destruction you think outweighs the progress humans have made in science and medicine.
mircea_popescu: now let's take your progress apart. fewer people can read in the us today than did in 1913.
midnightmagic: Aumann's agreement theorem states one or both of us is, at that point, being irrational.
assbot: [HAVELOCK] [SDICE] 2 @ 0.54 = 1.08 BTC [+]
mircea_popescu: fewer people die today in good health than did in 1913
assbot: [HAVELOCK] [SDICE] 15 @ 0.53 = 7.95 BTC [-]
midnightmagic: That is a statement which is pointless: more people live longer, in better health than in 1913.
mircea_popescu: also, you perhaps hold aumann in too high a regard. he's a minor bayesian, which is another way to say nonsense.
mircea_popescu: midnightmagic only if you measure these like the us govt measures unemployment.
mircea_popescu: take something inconvenient, like people who died of cancer before age 18.
midnightmagic: I'm no sure you understand what Bayesian reasoning is at this point.
mircea_popescu: im pretty sure you lack the cognitive trappings that'd allow you to evaluate that meta-point, so let's allow it to go silent.
midnightmagic: You make a nonsense assertion about Bayesian reasoning being nonsense and then tell me I'm incapable of cognition for saying you're making ignorant comments?
mircea_popescu: here's the thing : the theorem you cite refers to something very speciffic.
mircea_popescu: you are applying it with no consideration given to the conditions of validity it contains
midnightmagic: mircea_popescu: The population of the world also went up. Your statements of statistics are flawed, and either you're doing it on purpose and waiting for me to mock you, or you really do think these things, in which case I .. well I'm not sure where to go from there.
midnightmagic: If population itself rises by x%, and you say number of cancer cases have increased by x%, you are actually saying cancer *rates* have remained static.
mircea_popescu: listen, the reason i phrased that way is not because of a misunderstanding of statistics, as you seem inclined to conveniently surmise.
mircea_popescu: it's because i presupposed in your usage of "progress" that you do not look at percents but absolutes.
midnightmagic: I surmise but not conclude, as you'll note in my previous comment about the possibilities of why you're doing that.
mircea_popescu: (yes, surmise but not conclude. which is specifically why i used that word and not the other. i'm trying to help you judge here.)
mircea_popescu: but let us better understand this notion of progress you use, because after all it's so messed up by commoners chewing on it.
midnightmagic: Well, it does free me up to mock your "my success by my measure makes me right" bias.
mircea_popescu: so : if situation A is that 100 people die yearly in forest fires and situation B is that 3 people die yearly in forest fires but one person is kidnapped and tortured to death as a religious practice which causes the reduction in forest fires casualities, is a movement from A to B progress in your view ?
BitHub: gday maaaaate, how the bloody hell are ya?
midnightmagic: Human longevity has increased; human standards of living have increased; human freedom to pursue a healthy happy life is greater than it ever was; human knowledge is at its greatest peak in all of history; human treatment of disease is greater and more effective than it has ever been, ever in all history; human notions of morality and ethics (on the whole) are greater than they have ever been.
midnightmagic: I literally don't have an answer for your contrived example.
mircea_popescu: perhaps human notions of morality and ethics aren't quite as developed as all that.
mircea_popescu: or perhaps you're not quite up to the reading, seeing how it's both ancient and banal an example.
midnightmagic: They are. We have natural rights now that humans have never had for basically all of recorded history.
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00999 BTC [+]
midnightmagic: It's a stupid philosophical example with no bearing on my assertion.
mircea_popescu: where they mean anything they're false, where they're not false they're meaningless.
mircea_popescu: for that matter the raw raw raw we are the best the sun has ever seen is possibly the oldest rabble rousing talk ever. older than Athens for sure.
assbot: [HAVELOCK] [SDICE] 10 @ 0.52 = 5.2 BTC [-]
mircea_popescu: i guess for some views that constitutes proof of progress.
mircea_popescu: so nothing really, it's a little amusing, you'll grow out of it.
mircea_popescu: people have never been this smart and yet men your age have never been this childish.
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
midnightmagic: So desperately certain; so patronizing. And you continue to rail against that which you have no control over; ineffective. Shouting into the wind.
mircea_popescu: hm, if you won't think the question too much proof of my many and varied shortcomings,
midnightmagic: Pretend you are my better then. I'm confident you don't grow out of that no matter how true or untrue it may be.
mircea_popescu: why do you presume to guess my emotional state ? does it help something ?
midnightmagic: Dinner time. Have fun talking to your echo chamber.
jborkl: Emotions hinder rational thought
mircea_popescu: well that's true. but he already got slapped once with the entire statistics thing. you'd expect people a little quicker on their feet.
mircea_popescu: presume you don't understand what's being said because of the other person once, get shown better, stop making the assumption. at least for a wittle while.
jborkl: That seems reasonable to me
RandolphDuke: midnightmagic: standards of living in developed countries have barely budged in 50 years outside of major improvements in communications
RandolphDuke: midnightmagic: with all the productivity gains the government has said weve made over 50 years, 8 hours of work per week should be enough to afford a 1950's standard of living, yet today 2 income earners are required just to make ends meet
midnightmagic: RandolphDuke: That's not true at all re: not budged in 50 years.
RandolphDuke: name an innovation in the last 30 years that has improved your life other then the internet
RandolphDuke: all of those are merely improvements of existing technology
mircea_popescu: kakobrekla seriously tho, people need about 3 average incomes now to maintain a 1950s lifestyle. in the 80s needed two.
RandolphDuke: some households already have their kids working part time
RandolphDuke: the government has siphoned off the productivity gains through inflation/taxation and transfered them into none-return bearing investments
mircea_popescu: the us financed nothing in particular, a buncha lossy wars.
RandolphDuke: european union is just a secular version of the holy roman empire
mircea_popescu: i think that's what they hoped it to be, but it didn't work out.
RandolphDuke: infact its probably even worse now, since at least the emperors still feared divine punishment somewhat
midnightmagic: 1910 literacy rate: 7.7% = 92m * 1-0.077=84m, 2013 literacy rates for the US: 99% = 313m * 0.99 =309.9m 309.9m > 84m.
midnightmagic: Oh, sure. Make up a definition that makes you right.
mircea_popescu: want me to pick up the reports that kids going to college today need to take basic literacy ?
RandolphDuke: what i find most amusing about the US, is if you actually research what the so called tyrants extracted from the population it was roughly 5-10% of annual income
midnightmagic: Anecdote proves everything, I always say. Right mircea?
mircea_popescu: it's just they're carefully avoided when the statistics are made.
mircea_popescu: just like the uynemployed doesn't include the homeless
RandolphDuke: midnightmagic: go pull up a newspaper from 100-200 years ago and compare it to one today, the level of language was far higher + the ammount of information per page was astonishing
midnightmagic: Only if you mind me calling you fluffy the unicorn.
RandolphDuke: midnightmagic: if people were so well educated the unemployment rate wouldnt be as high, they would be able to figure out how to be productive from all their knowledge
mircea_popescu: for that matter i know you live in de soto, wisconsin, and that you collect, and what, and when you dated, and a whole other pile of stuff.
mircea_popescu: i got it all because i asked, half hour ago or whatever.
midnightmagic: Is this another one of those things that isn't translating into English so well?
mircea_popescu: it's a bizzare question, what, they shoot canadians in wisconsin ? or how should i know anyway
assbot: [MPEX] [S.DICE] 150 @ 0.00599963 = 0.8999 BTC [-]
assbot: [MPEX] [S.MPOE] 3000 @ 0.00072139 = 2.1642 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 5 @ 0.2 = 1 BTC [+]
assbot: [BTCTC] [GSDPT] 261 @ 0.005199 = 1.3569 BTC [+]
assbot: [MPEX] [S.MPOE] 6450 @ 0.00072139 = 4.653 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00071103 = 0.711 BTC [-]
assbot: [MPEX] [S.MPOE] 2100 @ 0.00071102 = 1.4931 BTC [-]
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
gribble: Time since last block: 18 minutes and 5 seconds
gribble: BTCUSD ticker | Best bid: 47.39999, Best ask: 47.40000, Bid-ask spread: 0.00001, Last trade: 47.39999, 24 hour volume: 31666.06954211, 24 hour low: 46.05000, 24 hour high: 47.99000, 24 hour vwap: 47.29517
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {mtgox(ask|bid|last)} to index price to mtgox ask, bid, or last price. May also include (1 more message)
MJR_: hmmm what's the command to see how many dollars to move to 48?
assbot: [BTCTC] [PAJKA.BOND] 158 @ 0.1 = 15.8 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
Josh_Rossi: mircea_popescu: I don't see anything either
mircea_popescu: you know i can't see your name without thinking of portia de rossi
mjr_: yeah...just not sure if I want people to associate me with a hot blonde lesbian
mircea_popescu: and actually, talk about a trophy wife : she's maried to degeneres.
mircea_popescu: NOT the virtues of bitcoin. the fascinating fact that one of them got some.
mjr_: max keiser is hilarious
mjr_: so, I was thinking an assurance contract could be a good way to start a unified clearing process for exchanges
mjr_: where m is 2/3 of n
mjr_: seems to me, that that is the only way you rival gox
assbot: [MPEX] [S.DICE] 500 @ 0.00599963 = 2.9998 BTC [-]
gribble: Time since last block: 2 minutes and 26 seconds
smickles: i would've used bitpay, but they still haven't responded to my application and the certainly didn't respond b/f i had 90% finished my own system
smickles: ya know, it really says something about their business if *i* can code a functional replacement for them before they even respond to me
smickles: they did ask about volume tho, maybe they just see me as too small of a fish
mjr_: the finance guys I work with are like send it to India
mjr_: im like you don't get it...this is the fun part
mjr_: interesting convo in OTC
smickles: heh, i had a lot of fun earlier getting and installing a 'proper' ssl cert
smickles: mjr_: well, i didn't wan't to go with one of those 'free' providers, and my self-signed just wasn't cutting it anymore
mjr_: what's the site, is it live?
mjr_: how do you see the banner?
mjr_: was looking for motd or something
smickles: also, usually the topic has more in it than a url
mjr_: lol so much drama pretty much on every channel and forum
mjr_: I scurry back to bitcoin-assets
smickles: I've heard people say that it's not true that bitcoin isn't backed by anything; it's backed by drama.
mjr_: can't wait for a btc reality show
mjr_: you could have an amazing drama on amc about bitcoins
mjr_: miners, exchanges, Silk Road retailers
mjr_: so many stories to tell
Ukto: anyone taken a loan on btcjam? i have some question on it
coingenuity: Ukto: from what i've seen btcjam is uh...dubious at best
coingenuity: once in a while something legit-seeming pops up, but given the rest of the loans on there...eh
gribble: BTCUSD ticker | Best bid: 46.60551, Best ask: 47.10799, Bid-ask spread: 0.50248, Last trade: 46.99588, 24 hour volume: 30482.99861105, 24 hour low: 46.05000, 24 hour high: 47.96000, 24 hour vwap: 47.17570
assbot: [HAVELOCK] [HIM] 1 @ 1.82 BTC [+]
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.32001 BTC [-]
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.32 BTC [-]
assbot: [BTCTC] [ESECURITYSABTC] 5 @ 0.31 = 1.55 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [+]
smickles: alright, I think I'll be launching the MPEx GUI tomorrow (today after i sleep and such)
Ukto: than a native passtru
Bowjob: ahahah stupid americans
jurov: of course live.coinbr.com shows nothing
jurov: Unterminated comment starting line 6 in <b>/home/polimedi/public_html/bitcoin/mpex-mktdepth-jsonp.php</b> on line <b>6</b>
jurov: mircea_popescu: check ur error logs
oizotov: is there a site from which i can download the whole blockchain ?
assbot: [MPEX] [S.MPOE] 6546 @ 0.00071102 = 4.6543 BTC [-]
jurov: oizotov, there's a torrent
oizotov: i dont need bootstrap.dat im using old client and i need blk000X.dat
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.344 BTC [-]
oizotov: i dont find any mirror that works i tried to download them with the client its running 4-5 days already and havent finished downloading it ...
jurov: oizotov, use 0.8 then
jurov: it's *not* broken, not even for mining, if blocksize limit stays unchanged
oizotov: my wallet doesnt load in 0.8 some version mismatch i guess
jurov: pls ask in #bitcoin-dev then...
jurov: lol mpoe-pr immediately chimed in... she could have added "we dispensed of this problem completely, mpex withdrawals are deprecated."
Anduck: lol i don't see ANY problem with that mtgox announcement
Anduck: btc price indeed has gone up
Anduck: like 3x from the long-lasting 10-4usd
Anduck: so isn't it quite clear that they will fix the limits too?
Anduck: well, what is the problem, then? =I
Anduck: the real withdrawal limit value is still bigger than it was with the 200 btc border
kakobrekla: if you dont have one doesnt mean it isnt there.
Anduck: well i can't even think of a problem so yeah...
Anduck: that's also true they should now fix their fee structure, too
Anduck: maybe they had to lower the withdrawal limit cuz of some aml things?
assbot: [MPEX] [S.MPOE] 250 @ 0.00072397 = 0.181 BTC [+]
markedathome: if it is an aml thing then they should tie the withdrawal limits to 7 day vwap equivalent of USD limits.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769999 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.5201 = 5.201 BTC [+]
assbot: [BTCTC] [GSDPT] 2 @ 0.005199 = 0.0104 BTC [+]
assbot: [HAVELOCK] [SDICE] 15 @ 0.5200001 = 7.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.52 = 5.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.511 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.511 = 2.555 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.049 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.511 BTC [-]
assbot: [HAVELOCK] [SDICE] 14 @ 0.5102 = 7.1428 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.5101 = 4.0808 BTC [-]
ZedsterX: is there any where the BTC trading newb can go for learning the ropes?
assbot: [HAVELOCK] [SDICE] 200 @ 0.51 = 102 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.5005 = 4.5045 BTC [-]
ZedsterX: the help here is not really for the newb
ZedsterX: you guys are very much in your own little all knowing group
kakobrekla: are you asking for yourself or someone else'
assbot: [HAVELOCK] [SDICE] 106 @ 0.5003 = 53.0318 BTC [-]
ZedsterX: looking for stuff like chart reading and basics
kakobrekla: well for chart reading you can ask Enky
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16799 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.168 BTC [+]
ZedsterX: yeah i saw that sight yesterday guess i should read up there...thanks Kako
kakobrekla: yeah enky is around here or join #bit4x, more techincal stuff is discussed there
ZedsterX: VWAP? see right there i'm lost....also aren't basic day trading how-to sites helpful for the basics?
ZedsterX: well S.DICE has already taught me my first lesson...that is the reason for interest
ZedsterX: yep i am moving to the tablet for some reading...thanks again sir
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.105 = 0.21 BTC [+]
kakobrekla: ZedsterX bug Enky if you have issues understanding
ZedsterX: will do ...and i'll tell you sent me :)
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.2 = 0.4 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.00599963 / 0.00599963 / 0.00599963 (650 shares, 3.90 BTC), 7D: 0.005 / 0.00576119 / 0.006 (50615 shares, 291.60 BTC), 30D: 0.00300001 / 0.00613748 / 0.0069 (2388881 shares, 14,661.72 BTC)
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.769999 = 1.54 BTC [+]
gribble: BTCUSD ticker | Best bid: 47.29098, Best ask: 47.34967, Bid-ask spread: 0.05869, Last trade: 47.29098, 24 hour volume: 29361.03478444, 24 hour low: 46.05000, 24 hour high: 47.90000, 24 hour vwap: 47.08799
assbot: [BTCTC] [S.DICE-PT] 12 @ 0.00575 = 0.069 BTC [+]
assbot: [HAVELOCK:SDICE] 1D: 0.50030000 / 0.51111382 / 0.57000000 (427 shares, 218.24560150 BTC), 7D: 0.46050000 / 0.55100234 / 0.61999910 (1008 shares, 555.41036353 BTC), 30D: 0.37000000 / 0.61443452 / 0.75900000 (5555 shares, 3413.18378474 BTC)
assbot: [BTCTC] [COGNITIVE] 1 @ 0.155 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.153 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.152 = 0.304 BTC [-]
assbot: [BTCTC] [COGNITIVE] 5 @ 0.15001 = 0.7501 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.15 = 0.3 BTC [-]
kakobrekla: usagi: People like what I am doing or they wouldn't invest.
kakobrekla: sorry, a > missing there, first line is a quote.
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.0051 = 0.0765 BTC [-]
deadweasel: investing in metals doesn't make one an idiot, but trading btc for it is.
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00555 = 0.0833 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.0052 = 0.104 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.769999 = 2.31 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.77 = 11.55 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 100 @ 0.77 = 77 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.789999 = 7.9 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.79 = 1.58 BTC [+]
jurov: so i went on to research bit more about coinlab.. have to wade through bullshit like:
jurov: When our team discussed how to tackle these issues in the US, it seemed clear that Mt. Gox had by far the best security record in the Bitcoin exchange landscape.
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.79 = 5.53 BTC [+]
ThickAsThieves: since they are so good at security we decided to take that role out of their hands for all US customers
imsaguy: you aren't supposed to read that
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.79 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.151 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.15 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.13151 BTC [-]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.1012 = 0.3036 BTC [-]
assbot: [MPEX] [S.MPOE] 3400 @ 0.00073667 = 2.5047 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.52 = 1.56 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.515 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.11 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.51 = 2.04 BTC [-]
assbot: [HAVELOCK] [SDICE] 57 @ 0.51 = 29.07 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.51 = 5.1 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.7 BTC [-]
assbot: [HAVELOCK] [HIM] 9 @ 1.82 = 16.38 BTC [+]
assbot: [HAVELOCK] [HIM] 7 @ 1.83 = 12.81 BTC [+]
assbot: [HAVELOCK] [SDICE] 7 @ 0.5715 = 4.0005 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.572 = 1.716 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.57377777 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.57399999 BTC [+]
assbot: [HAVELOCK] [SDICE] 9 @ 0.575 = 5.175 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5849999 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.59 = 5.9 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.59 BTC [+]
assbot: [HAVELOCK] [KCIM] 4 @ 1.2 = 4.8 BTC [+]
assbot: [HAVELOCK] [KCIM] 15 @ 1.3999 = 20.9985 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.3999 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.59 = 1.18 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 30 @ 0.79 = 23.7 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.59 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.79 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 25 @ 0.79 = 19.75 BTC [+]
assbot: [HAVELOCK:SDICE] 1D: 0.50030000 / 0.51471736 / 0.59000000 (523 shares, 269.19717916 BTC), 7D: 0.50030000 / 0.55025058 / 0.61999910 (1102 shares, 606.37614115 BTC), 30D: 0.37000000 / 0.61284029 / 0.75900000 (5666 shares, 3472.35306240 BTC)
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.79 = 6.32 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.59 BTC [+]
assbot: [BTCTC] [LTC-MINING] 8 @ 0.398 = 3.184 BTC [+]
assbot: [BTCTC] [LTC-MINING] 2 @ 0.4 = 0.8 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.3 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.79 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.999 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.59 = 2.36 BTC [+]
ThickAsThieves: "NOTE: For your security, we automatically lock domain names 30 days after unlocking." Thanks GoDaddy...
assbot: [HAVELOCK] [SDICE] 15 @ 0.59999 = 8.9999 BTC [+]
assbot: [HAVELOCK] [SDICE] 9 @ 0.599999 = 5.4 BTC [+]
smickles: ;;calc 0.21253985/[ticker --last]
smickles: ;;calc 0.21253985*[ticker --last]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.159 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1599 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.163 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16439 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.19 BTC [+]
assbot: [HAVELOCK:SDICE] 1D: 0.50030000 / 0.51892185 / 0.59999900 (550 shares, 285.40702016 BTC), 7D: 0.50030000 / 0.55155534 / 0.61999910 (1129 shares, 622.70598217 BTC), 30D: 0.37000000 / 0.61271479 / 0.75900000 (5692 shares, 3487.57260040 BTC)
jurov: uh, mktdepth for live.coinbr still broken... should i duct tape it or wait for mircea?
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.0052 = 0.13 BTC [-]
assbot: [MPEX] [S.MPOE] 3250 @ 0.0007249 = 2.3559 BTC [-]
jurov: SyntaxError: missing ) after argument list
jurov: [Break On This Error]
jurov: , 610]]}, "X.IDIFF.SEP": {"S": [[235000000, 10]], "B": []}});
jurov: the code still isn't valid
jurov: ah it begins with JurovP(JurovP({
jurov: thanks for mentioning me twice, not necessary :D
mircea_popescu: ZedsterX you'll be well advised to remember chart reading as in, technical analysis is far from being accepted like newtonian mechanics is.
ThickAsThieves: basically chart reading can be voodoo or hindsight 20/20 a lot of the time
jurov: Parse error: syntax error, unexpected ')' in /home/polimedi/public_html/bitcoin/mpex-mktdepth-jsonp.php on line 37
ZedsterX: no one was complaining about anything
jurov: mircea, just deprecate it :P
ZedsterX: i was asking for help...which as this proves this is not the place to do it
ThickAsThieves: Zed, mp is just saying, in your efforts to educate yourself, remember that chart reading isnt always reliable
mircea_popescu: or at least that's what they'e telling me in a doomed attempt to avoid the firing squad
ZedsterX: but it is an essential part of trading none the less
jurov: \o/ live is working... but no trades happened today? argh
mircea_popescu: ZedsterX doesn't have to be really. anyway, hard to know what is ofcourse and what isn't ofcourse from yoru pov, ya know ?
mircea_popescu: <assbot> [MPEX] [S.MPOE] 6546 @ 0.00071102 = 4.6543 BTC [-
ZedsterX: so then I put my question to you all knowing MP...where is a good place to read up on trading basics?
iz: ZedsterX: do you want to get into technical charts or what?
ThickAsThieves: Zed, you could always ask specific questions here while you educate yourself
ZedsterX: I was just looking for help ...trust me it won't happen again here
ThickAsThieves: rather than "how do i learn" you could ask "What is the diff between a green bar and a red bar" or such
iz: particularly what all the technical indicators are suppose to mean
ThickAsThieves: i dont think any of us meant to tell you to gtfo w your Qs
ThickAsThieves: matter of fact you were given specific people to talk to too
ZedsterX: not trying to start shit at all
jurov: mircea_popescu: did you test it? noe it's unparsable
ZedsterX: i try to keep my mouth shut here and pick up stuff just to avoid this very thing
mircea_popescu: jurov i was looking at it a moment ago, it came up as rss. lesee
jurov: okay but firefox suddenly insists on displaying as text
jurov: can't find out why
jurov: ah yes, it says Content-Type: text/html
jurov: never mind, coinbr script parses it fine
ZedsterX: so here's a specific question....dump S.DICE or hope for a comeback later in the month?
jurov: mircea,np, it's ok. and don't forget to add stacktraces/ php code dumps on error. they're really helpful xD
ZedsterX: i know nothing...i will wait until I know wtf i am talking about
assbot: [HAVELOCK] [HIM] 2 @ 1.999 = 3.998 BTC [+]
mircea_popescu: jurov normally server responds with a fu on error, but this is the new stuff that's still being debugged
ZedsterX: where can you see an estimate of comi9ng dividends?
mircea_popescu: ZedsterX there's dooglus' stuff which is pretty interesting
mircea_popescu: and obviously there's no rule saying it has to do in the future what it did in the past.
mircea_popescu: ThickAsThieves what's it ahead so far for march ? like 1-2k ?
ZedsterX: ok i uderstand all that...so maybe I am not as dumb as i thought
ThickAsThieves: but sensible numbers dont seem to affect sdice share price
ZedsterX: i noticed that too and thought I was reading something wrong
mircea_popescu: when s.dice does well operationally, shares sell and price goes up
mircea_popescu: when it does poorly nobody is selling so trading freezes pretty much
mircea_popescu: it's as if there's group A which wants to buy cheap and hold forever and group B which wants to daytrade
mircea_popescu: anyway, when i'm old and i retire i'll write a book about the strange edge cases at the end of regulation in free mkt.
ThickAsThieves: if you are holding long term (which is a fantasy in bitcoin imo)
ThickAsThieves: but erik doesnt wanna grow any faster than he is it seems
gribble: evoorhees was last seen in #bitcoin-assets 3 days, 17 hours, 11 minutes, and 30 seconds ago: <evoorhees> it's how resilient btc is in the face of them that matters
ThickAsThieves: seems to be focusing more on his personal brand right now
ZedsterX: isn't he tied with coinbase somehow also?
mircea_popescu: Diablo-D3 "Due to the high number of signups, we will not be able to accept new users."
ZedsterX: i wanna say coinbase or something like that...heck what do i know
mircea_popescu: i mean it's a small community, pretty much everyone knows everyone, but otherwise...
ZedsterX: mircea_popescu: your in europe right?
ZedsterX: so why is there no BitInstant equivalent in EU? or do some countries? IE go to a store and pay cash for BTC instantly. I know Denmark doesn't
mircea_popescu: you transfer funds to them isntantly and get bitcoin. sepa zone only, but miles ahead of mtgox and all the rest.
mircea_popescu: and they're properly registered (which nobody else is)
ZedsterX: if i sepa from my online bank its queued for up to 24 hours
gribble: BTCUSD ticker | Best bid: 46.85111, Best ask: 46.99000, Bid-ask spread: 0.13889, Last trade: 46.99000, 24 hour volume: 18791.39020569, 24 hour low: 46.35000, 24 hour high: 47.47999, 24 hour vwap: 47.08453
mircea_popescu: ZedsterX i know it's specified as "up to 24 hours" but in practice i've yet not had a transfer not be instant.
ZedsterX: sweet i will check it out ..only business days though right?
mircea_popescu: anyway, considering what zee american folk put up with the weeks of mtgox/coinlab/etc...
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00545 = 0.109 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 11 @ 0.00545 = 0.06 BTC [+]
ThickAsThieves: not sure if this is a silly question, but in BTCT's Analysis area, when i sell a share, which value does it use to determine the value of that one share if I paid various prices and own many?
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.79 = 7.11 BTC [+]
ThickAsThieves: so it would take the amount i sold it for, subtract from the total current value and divide by whats left to give me my average
mircea_popescu: this aggregates into a qt, pt pair which is qt = sum qi ; pt = sum pi *qi / sum qi
mircea_popescu: course, i'm just saying it'd be logical... have no idea how they actually do it.
Ukto: posted, thanks again MP. going back to sleep
jurov: mircea_popescu u have instant sepa transfers to france? O.o
ThickAsThieves: find a game you think has a appropriate art and find out who they worked with
jurov: you have osme private bank, no?
jurov: ZedsterX, i have to wait 1-2 days. but the fee is 20 cents at most, no problem
smickles: anyone here have a windows machine, an mpex account and a willingness to see if my mpex gui windows package will work on their system?
smickles: alright jurov, i'll setup a link to the file and pm it to ya
jurov: i have only xp here. guess kako has sth better
Namworld: Just joking. Nice to see a GUI being made.
jurov: so we can both test
Doffx: mpex account still 50 btc?
mircea_popescu: Contact Us / FAQ. If you have a questions not answered below, please complete the Contact Information form below and we will contact you as soon as possible.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.79 BTC [+]
Doffx: No, I do not Namworld.
jborkl: smicklies, i can give it a try also
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00545 = 0.0109 BTC [+]
jurov: moment, he has to redo it... unpacked it, the win directory was full with .so files and ELF binaries :D
assbot: [MPEX] [S.MPOE] 11606 @ 0.00073181 = 8.4934 BTC [+]
assbot: [MPEX] [S.MPOE] 7714 @ 0.00073435 = 5.6648 BTC [+]
assbot: [MPEX] [S.DICE] 1475 @ 0.0058822 = 8.6762 BTC [-]
assbot: [MPEX] [S.MPOE] 586 @ 0.00073435 = 0.4303 BTC [+]
assbot: [MPEX] [S.MPOE] 1400 @ 0.00073667 = 1.0313 BTC [+]
assbot: [MPEX] [S.MPOE] 7939 @ 0.0007407 = 5.8804 BTC [+]
assbot: [MPEX] [S.MPOE] 8594 @ 0.00074616 = 6.4125 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00076706 = 0.7671 BTC [+]
assbot: [MPEX] [S.MPOE] 481 @ 0.00076717 = 0.369 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.79 = 11.85 BTC [+]
assbot: [HAVELOCK] [SDICE] 7 @ 0.55 = 3.85 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5311 BTC [-]
jcpham: what causes people to share that much info with strangers
mircea_popescu: i think you underestimate just how empty the average life is.
mircea_popescu: notwithstanding midnightmagic's copacetic delusions, the majority of the population lives confined to a vinyl siding box with a lcd screen in it. that's all, all day long, weeks after weeks after weeks.
jcpham: i mostly just masterbate
jcpham: no i put my hand on my cock
jcpham: and move it around a lot until i orgasm
jcpham: i'm lying, I've never masterbated in my life
skytrader_: I can go to www.btc-e.com but I can't load any other page
jborkl: micrea-popescu, I do not know how you don't strangle puppies after IRC
Namworld: I hope it's not too lonely out there.
jurov: so, bitcoins end up being considered gateway drug and banned thus? funny
mircea_popescu: The computers that run www.bitinstant.com are having some trouble. Usually this is just a temporary problem, so you might want to try again in a few minutes.
jborkl: butterfly labs getting ddos
jurov: saw that thead... guy wanted to invest, lost all to sdice
jurov: oh, why nobody told him to buy s.dice stock? must fix.
Namworld: Would be funny that BFL never delivers...
jborkl: he thought he would invest in less than 1
ThickAsThieves: bitinstant.com Error 21 (net::ERR_NETWORK_CHANGED): Unknown error.
Namworld: oh. I only tried once but it loaded
mircea_popescu: ThickAsThieves if you look there, it loaded for like 2% of the browsers. typical ddos sympthom
Namworld: I'll assume someone manipulated the price, sold a bunch near 30-50 and his now trying to impact Bitcoin negatively. But only because I don't like the idea someone would do it for entertainment purposes/spite.
Namworld: I refresh but it loads in like 0.25 seconds here each time.
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.837898 = 8.379 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.837899 = 8.379 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.83799 = 3.352 BTC [+]
Anduck: asicminer is so overrated
assbot: [BTCTC] [GSDPT] 2 @ 0.005199 = 0.0104 BTC [+]
Anduck: (those were my shares that got sold btw=
Namworld: I could have had 2k if mircea hadn't borrowed them to short long ago xD
jcpham: taking the pools offline at the same time and solomining is probably the most profitable thing you can do
jcpham: seems like no one is trying that anymore
jcpham: well back when things were simpler...
Namworld: oddly enough, A good idea it would appear, but you'd need people to stick to those pools for like a whole difficulty to bring it down.
Namworld: They'd probably all switch to solo
jcpham: you don't need a terahash
Anduck: what do you guys think of ASICMINER share value?
Anduck: i think it's way high...
Namworld: Some think it's undervalued... idk
ThickAsThieves: if the asic release climate remains unchanged, other than asicminer getting 60TH online
ThickAsThieves: but obv Luke Jr will save the day for BFL, he's our HeeRo right?
mircea_popescu: ThickAsThieves so far avalons seem to be dominating hashing
mircea_popescu: judging by how unknowns have shrunk the asicminer pools
jborkl: 300 units by 68- should be about 20 th from avalon- depending on what is delivered
tiberiusiv: unknows are like 55-60% of the pool now
jborkl: how much is asicminer supposed to be?
jborkl: 6th from am- 10 from avalon and the 24 we had before
gribble: Current Blocks: 226060 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1747 blocks | Next Difficulty In About: 1 week, 2 days, 22 hours, 13 minutes, and 38 seconds | Next Difficulty Estimate: 5828967.64264 | Estimated Percent Change: 20.24323
ThickAsThieves: i think there are some other factors to consider re stock values that people aret considering,
jurov: ThickAsThieves: how they will get squeezed?
jurov: yes, dramatic price increase then... and that's bad thing?
ThickAsThieves: today i can be picky and say and choose from stuff that pays 1%, 2%, 5% per month
assbot: [BTCTC] [RSM] 1 @ 0.00672 BTC [-]
assbot: [BTCTC] [RSM] 1 @ 0.006711 BTC [-]
tiberiusiv: rates will decline on bitcoin investments
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.000674 = 0.0013 BTC [-]
jurov: As long as whole thing remains unregulated, there will be new HYIPs, some even legit.
tiberiusiv: without taxes + reg burdens most stock market dividends would be 30-80% higher then they are today
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00988 BTC [-]
ThickAsThieves: i do think you have to be at least a little bit of a day trader and btc enuthusiast to have a chance of keeping up
tiberiusiv: daytrading is no different then playing satoshi dice
assbot: [BTCTC] [BTC-BOND] 5 @ 0.009861 = 0.0493 BTC [-]
Anduck: yes if you're bad at it XD
jborkl: anduck, good job on moving your shares
burnside: <ThickAsThieves> not sure if this is a silly question, but in BTCT's Analysis area, when i sell a share, which value does it use to determine the value of that one share if I paid various prices and own many?
Anduck: jborkl: been doing it and i am successing on it
burnside: it works by taking the share count you currently have, and working backwards in your trade history figures out the weighted average purchase price for the shares you're currently holding
mircea_popescu: i'd appreciate if anyone puts that up on reddit/wherever, distributes it
ThickAsThieves: (and once before in January but that didn’t much at all),
mircea_popescu: ThickAsThieves so he does it exactly as described, by cost basis
ThickAsThieves: i didnt really think about how BTC-e was probably the same crew
mircea_popescu: i dunno, i just added everything that came to mind there to see what people say
assbot: [HAVELOCK] [SDICE] 1 @ 0.5311 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5311 BTC [-]
ThickAsThieves: all this probing, surely theyd have explored some holes
jborkl: Asicminer quick back of the napkin - 4400 approx blocks per month * 25.2 = 110880 BTC month / percentage of network asicminer has 15.3% = 16964 BTC
mircea_popescu: you will always make some assumptions when casing a joint.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.19797 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.19798 BTC [+]
ThickAsThieves: asicminer hasnt really been giving any detailed financials have they?
assbot: [BTCTC] [RSM] 1 @ 0.00889 BTC [+]
assbot: [BTCTC] [BTC-BOND] 4 @ 0.00999 = 0.04 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.0058822 / 0.00591811 / 0.00599963 (2125 shares, 12.58 BTC), 7D: 0.005 / 0.00576462 / 0.006 (52089 shares, 300.27 BTC), 30D: 0.00300001 / 0.00613678 / 0.0069 (2362489 shares, 14,498.08 BTC)
jurov: lol double paranoia: "look who retained access to the sites under attack"
jurov: but there was no major movement on mpex during the attack iirc
assbot: [MPEX] [S.MPOE] 6150 @ 0.00074934 = 4.6084 BTC [-]
jurov: or dunno, maybe they attacked the server to stole all the pics from /dtng ?
jurov: btw in roughly the same timeframe, sites of several czech banks got ddosed
jurov: ofc, they did not reveal parameters
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8 = 8 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 362 @ 0.000707 = 0.2559 BTC [+]
jurov: (should translate)
mircea_popescu: Original article today at 12:10: Hackers attacked this morning website of Czech banks reported Novinky.cz server.
Bowjob: We seem to have stabilized
assbot: [MPEX] [S.MPOE] 1200 @ 0.00075288 = 0.9035 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00073207 = 0.7321 BTC [-]
assbot: [MPEX] [S.MPOE] 4050 @ 0.00073206 = 2.9648 BTC [-]
assbot: [MPEX] [O.BTCUSD.P430T] 1000 @ 0.06560726 = 65.6073 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.0055 = 11 BTC [-]
assbot: [MPEX] [O.BTCUSD.P450T] 1000 @ 0.08473237 = 84.7324 BTC [-]
Bowjob: HOly shit. ahhahahahah
Bowjob: theres the april one, then theres a july one
Bowjob: Avalon looks so good right now
pigeons: "we lie much less than bfl!"
kakobrekla: are you saying they are lying about lying
kakobrekla: so they really are lying more than bfl?
tiberiusiv: i mean the financial statements for the stock
kakobrekla: i thought they were on josh-zerlan.com
assbot: [MPEX] [O.BTCUSD.P430T] 750 @ 0.06557816 = 49.1836 BTC [-]
assbot: [MPEX] [O.BTCUSD.P450T] 1000 @ 0.0847004 = 84.7004 BTC [-]
Bowjob: someone needs to own up. who was mr 500 BTC
tiberiusiv: so bitbet is currently valued at 18100 BTC
assbot: [MPEX] [S.DICE] 1 @ 0.00588217 BTC [+]
Bowjob: MP, you should switch the math question around
assbot: [MPEX:S.BBET] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00181 / 0.00181 / 0.00181 (200 shares, 0.36 BTC), 30D: 0.0015 / 0.00178945 / 0.00197 (104708 shares, 187.37 BTC)
tiberiusiv: 300 p/e ratio based on the first 2 months
assbot: [HAVELOCK] [HIM] 2 @ 1.98 = 3.96 BTC [-]
assbot: [HAVELOCK] [HIM] 27 @ 1.999 = 53.973 BTC [+]
tiberiusiv: housebets are bets the house is offering?
mircea_popescu: tiberiusiv with every new bet, the house will split .1 btc (or more) among yes/no
Bowjob: hey mp, if the lower amount loses, you lose the bet too?
tiberiusiv: mircea_popescu: isnt it structued like intrade?
Bowjob: Their website seems down on my end
Bowjob: Though their forums work
Bowjob: does it work for anyone else?
tiberiusiv: mircea: so lets say i place a bet, what does the house do?
Bowjob: the house doesn't set the odds. ..
mircea_popescu: tiberiusiv the admin that aprpoves your bet also splits the .1 pot
tiberiusiv: so is it possible the house can ever have a major loss
tiberiusiv: is there anywhere i can read how this is structured?
assbot: [BTCTC] [S.DICE-PT] 17 @ 0.00545 = 0.0927 BTC [+]
mircea_popescu: basically the god particle looks like a mushroom on mushrooms.
ThickAsThieves: i come in here with questions and you guys just act mean
jurov: i was hoping for something useful... like micro black holes
jurov: or neutrinos exceeding speed of lights
assbot: [MPEX] [S.MPOE] 11952 @ 0.00074519 = 8.9065 BTC [+]
Chaang-Noi: funny, i bet brfl would ship before april
Chaang-Noi: and i had bey soo many times they would fail before, starting in 2011 :)
Bowjob: then if they will be shipping.. then why are bfl victims not betting ?
Bowjob: thats stupid.. u should not go balls deep
mircea_popescu: but srsly : the dwindling of bets (especially hedging bets) is clear indication that BFL is about to go bust.
Chaang-Noi: i think bfl will shit this month or next
Bowjob: id be pissed off if they increase the TH to 800
mircea_popescu: Chaang-Noi that's what the bet volumes would seem to indicate.
Chaang-Noi: however i think it will take a while to get their 5000 ships out
Chaang-Noi: 5000 chips is only like 30th right? asicminer with 60 will still rape
Chaang-Noi: wow im 10% of the yes money on that bet, and i got in on the first day
Chaang-Noi: however if the specs are 11% better im still going to lose even if they ship
Bowjob: better yet they dont ship
Bowjob: "Devices must be in scope of at least -10% of advertised performance in order to be accepted as valid"
Bowjob: oh nvm, at least -10% so if they ship at their expected specs then its a win
mircea_popescu: ya they should get it within the widest imaginable industrial standards.
tiberiusiv: BFL probably did make an effort at actually producing something but had major cost overruns and bad management of supply chain
tiberiusiv: now they are hoping to get anything out just to get new orders in to obtain the $$ to fill old ones
mircea_popescu: tom's basic thing is exactly there. bitcoinica failed the exact same way. everything in the drama timeline
mircea_popescu: is a story of people trying, failing and then going eh what the fuck, we can't admit we've been idiots.
mircea_popescu: and then tehy have the cheek to even talk to my girl in the forum,
assbot: [MPEX] [S.MPOE] 6066 @ 0.00074519 = 4.5203 BTC [+]
tiberiusiv: i thought roger ver and memory dealers were suppose to be intelligent
tiberiusiv: how did they make deals to sell 800k+ of merchandise on a none existant store
tiberiusiv: his site was running only in the last 2 weeks but he needs to sell 800k+ to keep the competitive pricing
tiberiusiv: problem with that concept is his customer base is so small, basically people who derive a bitcoin income
tiberiusiv: that he has to reach 850k in sales by march 31st
tiberiusiv: or else he loses the pricing advantage
tiberiusiv: guy turned it into a charity asking the community to support the store lol
tiberiusiv: mircea: heres the problem with the bitcoinstore, if someone has to convert fiat into BTC to shop on the store, the slippage kills any pricing power over amazon
assbot: [MPEX] [S.MPOE] 1804 @ 0.00074519 = 1.3443 BTC [+]
assbot: [MPEX] [S.MPOE] 10265 @ 0.00074586 = 7.6563 BTC [+]
tiberiusiv: mircea: so really the store only benefits those that derive bitcoin incomes, which is a tiny % of people
gribble: BTCUSD ticker | Best bid: 46.47001, Best ask: 46.83966, Bid-ask spread: 0.36965, Last trade: 46.83966, 24 hour volume: 19691.27912928, 24 hour low: 46.40000, 24 hour high: 47.44999, 24 hour vwap: 46.95610
assbot: [MPEX] [S.MPOE] 9982 @ 0.00074314 = 7.418 BTC [-]
tiberiusiv: so what happens to the havelock funds that preordered basic/bfl?
Bowjob: ittl go down the drain
Bowjob: or they start pre ordering from avalon batch 3
assbot: [MPEX] [S.MPOE] 16040 @ 0.00074314 = 11.92 BTC [-]
assbot: [MPEX] [S.MPOE] 10222 @ 0.00073669 = 7.5304 BTC [-]
Ukto: tiberiusiv: basic is gone. done
Ukto: only some funds have been returned, not all
Ukto: but as Bowjob said, they have lost alot of expected value
assbot: [MPEX] [S.MPOE] 5948 @ 0.00072233 = 4.2964 BTC [-]
gribble: BTCUSD ticker | Best bid: 46.41201, Best ask: 46.42000, Bid-ask spread: 0.00799, Last trade: 46.42000, 24 hour volume: 19533.70116065, 24 hour low: 46.40000, 24 hour high: 47.44999, 24 hour vwap: 46.95153
tiberiusiv: people attack satoshi dice because it is successful
assbot: [MPEX] [S.MPOE] 30515 @ 0.00072639 = 22.1658 BTC [+]
assbot: [MPEX] [S.MPOE] 5797 @ 0.00072639 = 4.2109 BTC [+]
Namworld: Quite interesting, but I'm not sure about the part where they fear you vs hate like for SD.
Namworld: I thought it was mostly like SD, hate. Because of what you do, not having a slice of the pie, whatever. And trolls aplenty.
aethero: People attack satoshi dice because its basically kicking a baby.
Namworld: In SD's case, blockchain transactions
zerokwel: dont people thing btc is going to have a LOT more tx than that come a few years time
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.849 = 1.698 BTC [+]
zerokwel: and sd pays a shitload of fees as well
zerokwel: and if pools are going to start bullshit rules of not wanting to talk to others then miners need to move
mircea_popescu: who ever heard of proponents of a system being upset cause it's actually useful for something.
mircea_popescu: zerokwel in fact sd paid a little over 50% of all fees ever paid.
mircea_popescu: but yah that's what i was explainingto luke and co back in feb : if they exclude sd txs that doesn't exclude sd from bitcoin, it excludes them from mining.
mircea_popescu: obviously the point was undestood even if they're too spineless to admit this, or else we wouldn't have seen the move to the rabble rousing populist forum bs.
midnightmagic: first, upset isn't the word for it; second, that's not why they're advocating against it.
mircea_popescu: midnightmagic listen, post an article on the topic somewhere. i'll read it
mircea_popescu: irc is not too good a medium for this discussion, it'll just get fragmented into nonsense.
Namworld: I just don't see you handling punishments or people showing fear... I'm not sure what that fear part is about.
zerokwel: so by using the above reasoning if we beleve that a pool blocking SD tx is a bad thing. then stoping that pool from working would be the same example
zerokwel: so for exaple if everyone blocked the pools ip that was not helping the network. same result :)
mircea_popescu: zerokwel moreover this is a serious problem for the future.
mircea_popescu: suppose china comes to avalon or asicminer and says you must not rely the tx of this charity
Namworld: technically it works by miners vote. Forks can be created. Users can as well follow forks according to what they want...
mircea_popescu: i won't be speaking for some charity in tibet because i don't give a shit. if people actually do this sort of crap then btc will be fucked on the longer term
Namworld: If they don't simply follow the longest chain...
mircea_popescu: Namworld the problem here is that since we don't have multiple implementations, the behaviour of clients is centralised not by their will
assbot: [MPEX] [S.MPOE] 5526 @ 0.00072639 = 4.014 BTC [+]
assbot: [MPEX] [S.MPOE] 4950 @ 0.00072743 = 3.6008 BTC [+]
assbot: [MPEX] [S.MPOE] 21224 @ 0.00073381 = 15.5744 BTC [+]
assbot: [MPEX] [S.MPOE] 2935 @ 0.00072233 = 2.12 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 916 @ 0.25321359 = 231.9436 BTC [+]
Namworld: Hopefully that issue will be solved.
assbot: [MPEX] [S.MPOE] 40545 @ 0.00073381 = 29.7523 BTC [+]
Bowjob: only 1 coin is for sale at 1
Bowjob: so it goes up in price as they get sold ala bitbet
Namworld: I'm taking 3 for the heck of it.
moleccc: ah, you guys found my thread ;)
mircea_popescu: i'm not gonna weigh your bottom line down, i can get as many coins as i want for myself, but nice way to spread the love.
Bowjob: now this sucks, my wallet says 199
Namworld: Can I pay on monday? I'm expecting a payment then. I don't want to get all my bids on exchange shifted around.
moleccc: Namworld, this is exactly what I was hoping for: people buying more than 1 ;)
moleccc: Namworld, still a very good price
Bowjob: i take it molec will ship before BFL
Namworld: yeah... you... or our switzerland node.
Bowjob: havelock never got ddosed so far
Namworld: neither has bitfunder or btct.co or a lot of bitcoin businesses...
moleccc: Namworld, you can pay on monday
mircea_popescu: seriously tho, who is handling gift certs these days ?
assbot: [MPEX] [S.DICE] 7224 @ 0.0055 = 39.732 BTC [-]
assbot: [MPEX] [S.DICE] 3840 @ 0.00520001 = 19.968 BTC [-]
assbot: [MPEX] [S.DICE] 500 @ 0.0052 = 2.6 BTC [-]
assbot: [MPEX] [S.DICE] 3800 @ 0.005 = 19 BTC [-]
assbot: [MPEX] [S.DICE] 1860 @ 0.005 = 9.3 BTC [-]
assbot: [MPEX] [O.BTCUSD.C370T] 882 @ 0.21019932 = 185.3958 BTC [+]
Bowjob: dice not looking too good?
mircea_popescu: i was just about to say hm, the calls covering, are we in for a drop ?
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.17628823 = 176.2882 BTC [-]
Namworld: I'm thinking the latest grow might be exaggerated... I still consider the ideal value per BTC to be around 16-18 USD/BTC (and raising). But I'm not sure if the current price is warranted.
Namworld: Someone might just be in need of the funds however.
mircea_popescu: the run-up was pretty much driven by everyone's wish on both sides of the divide to merge btc and some finance.
mircea_popescu: it was a tough sell, the events of the 12th were the kiss of death.
assbot: [MPEX] [S.MPOE] 2000 @ 0.00072946 = 1.4589 BTC [-]
assbot: [MPEX] [S.MPOE] 7679 @ 0.00072233 = 5.5468 BTC [-]
assbot: [MPEX] [S.MPOE] 4521 @ 0.00072214 = 3.2648 BTC [-]
moleccc: Namworld, I quoted wrong price. It's only 3.70
assbot: [MPEX] [S.DICE] 15779 @ 0.005 = 78.895 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.005 / 0.00518591 / 0.0058822 (36479 shares, 189.18 BTC), 7D: 0.005 / 0.00552024 / 0.006 (87093 shares, 480.77 BTC), 30D: 0.00300001 / 0.00612245 / 0.0069 (2394243 shares, 14,658.65 BTC)
Anduck: mircea_popescu: what events?
Namworld: Well reddit's BTC acceptance seems to be failing too. I think many newcomers/investors/older bitcoiners were buying on the premise of more merchants accepting Bitcoins. But if the userbase only grows by speculators/accepting merchants, it's not really working out. We need people spending those BTC. And it's not going to happen merely because merchants now accept BTC. Merchants can accept
Namworld: western union, people will still mostly use Paypal when available. Taking the time to get Bitcoin is an extra step which is not required. Growth comes from people adopting Bitcoins out of the need to use them of for their property as money and actually getting implicated to actual do as much transactions they need to do in Bitcoins if available.
Namworld: Okay, merchants now accept BTC, but what's the point without the spending userbase and just speculators buying up on the next big thing?
mircea_popescu: the entire "merchants accept btc" stuff is nonsense, and in general retail is pretty much irrelevanty
BitHub: not everyone is going to hold for over 5 years tho
Namworld: The genuine userbase is growing slower. And the Bitcoin software ain't ready either.
Bowjob: isnt this what freicoin is trying to fix
Bowjob: with the demmurage fee
Namworld: The current price is very interesting to most holders...
Anduck: bitcoinstore got sold over 100k usd worth of stuff in pretty small time
BitHub: lots of peeps will cash out at 100
Bowjob: theres no point in cashing out if people will accept btc as payment
mircea_popescu: "Hello guys, I am a psychologist in training and I would like to offer my knowledge, insight and experience with understanding women."
Namworld: I'm expecting a sharp correction to somewhere like the steady growth throughout 2012 would have us at.
BitHub: if 99% of people that have bitcoin said "okey we're all holding till it hits $1000" well then could be a prob
Bowjob: might as well just pay in btc, that way, you dont hurt the sell value
BitHub: but not everyone is gon do that
Namworld: bitcoinstore was a good way to cash out BTC usefully. Probably done by the existing userbase who now had an opportunity at last to put their coins to good use. What's the point now that they're filled up on electronics they need if there's not more users to keep buying?
Namworld: Reddit had massive BTC sales initially. Then it lowered and lowered to peanuts.
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.17626382 = 176.2638 BTC [-]
gribble: BTCUSD ticker | Best bid: 46.50000, Best ask: 46.61000, Bid-ask spread: 0.11000, Last trade: 46.61000, 24 hour volume: 19651.52807249, 24 hour low: 46.27070, 24 hour high: 47.44999, 24 hour vwap: 46.91393
assbot: [MPEX] [S.MPOE] 7518 @ 0.00072214 = 5.429 BTC [-]
assbot: [MPEX] [S.MPOE] 5385 @ 0.00071976 = 3.8759 BTC [-]
Namworld: Something close to 10% of sales. A good amount considering it's BTC and the low usage among the general population.
Namworld: Either way, I don't believe there's enough of a genuine userbase growth to sustain those prices.
Namworld: and too many fucks up to come ahead to get major capital invested in the near future.
Bowjob: not as bad as you think, but pretty bad
assbot: [MPEX] [S.MPOE] 87 @ 0.00073381 = 0.0638 BTC [+]
Anduck: ive not even seen bitcoinstore ads anywhere
Anduck: still theyve sold pretty much
Bowjob: id actually use it.. but then again
Bowjob: i already have a beast of a computer
midnightmagic: +1 for multiple implementations. It is in fact something that Satoshi hoped would happen much earlier than where we are in bitcoin adoption.
Namworld: Yeah, but at the price of electronics, 1 user could easily fit 1k USD on average. That's like 100 - 500 buyers total.
midnightmagic: Namworld: Is it possible to withdraw BTC *from* reddit?
midnightmagic: like convert back from gold or whatever it is you can buy on reddit
mircea_popescu: midnightmagic wwithout having talked to the man, it is my impression he basically wrote a spec and then hacked together a mcguyver implementation he didn't think much of
Namworld: Reddit thing is about premium subscriptions sales. I don't know of many premium subscription service which allows to cash out said subscription...
mircea_popescu: in terms of, fuck it, it's not supposed to work long term, it's stupposed to show how this could work
midnightmagic: I thought so at first. But then it's been my experience since then that each strange decision ended up having long-reaching, and resilience-related consequences for the distant future.
Namworld: and here it is with a market cap over 500 million USD...
Bowjob: imo that market cap number is bullshit
midnightmagic: It was supposed to just be a reference implementation, never The Real one. Even Gavin has made many and numerous noises about how much better off bitcoin would be with multiple implementations.
Bowjob: you cant find someone willing to pay 500m for 10.8m BTCs
mircea_popescu: im not saying it's impossible to move the actual implementation as it is into shape by incremental improvements ftr.
Bowjob: instead as you sell BTC, it becomes cheaper
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.17623687 = 176.2369 BTC [-]
Namworld: that's not really the point but yeah.
Namworld: Anyway, almost 4 am... I think I'll be heading off.
Bowjob: MPEX] [O.BTCUSD.C390T] 1000 @ 0.17623687 = 176.2369 BTC
midnightmagic: I think a strong, with-the-devs-onboard alternate implementation to create client heterogeny would probably be a welcome relief for most of them.
mircea_popescu: heh calls are covering. either they're right and a top is in
Bowjob: If BTC reaches 39 dollars, this dude gets money?
midnightmagic: And by "with the devs onboard" I just mean cooperation and expertise transfer.
mircea_popescu: Bowjob nah it was sold. he had bought it earlier for w/e
assbot: [MPEX] [S.MPOE] 16250 @ 0.00073492 = 11.9425 BTC [+]
Bowjob: just taking profits then
Namworld: No, it might have been bought earlier for cheaper. It's a C for call, so yeah, taking profits.
midnightmagic: It's pretty stressful for them, the abuse. It's actually the reason why Satoshi left. Did you know that?
mircea_popescu: the solution is quite simple : don't get politically involved. stick to writing code.
Bowjob: I thought Satoshi had "better things to do"
midnightmagic: Bowjob: No. He didn't want to be involved in all the conflict. People kept coming in and insisting the code was shit. Except people like Hal Finney.. but they were so rare that they were drowned out in the noise. And then people were suggesting too early that wikileaks start using it and and and.. :)
tiberiusiv: bowjob: market caps tend to be BS in the real world, they are based off of the last sale irrelevant of volume
tiberiusiv: bowjob: market caps should be used to determine value, its better then price
mircea_popescu: tiberiusiv that's why i regularly use the 30day price figures for mkt cap, and the 24 hour averages for btc prices on option pricing and so forth.
gribble: BTCUSD ticker | Best bid: 46.50001, Best ask: 46.64899, Bid-ask spread: 0.14898, Last trade: 46.50001, 24 hour volume: 19605.08858072, 24 hour low: 46.27070, 24 hour high: 47.44999, 24 hour vwap: 46.91298
Bowjob: yawn, we've been declining today
Bowjob: the volume sucks though
mircea_popescu: you know in spite of the spikes avg volume is like 20-30k
tiberiusiv: which is very low compared to the 10.8 mil coins
Bowjob: we're actually less thatn 10.8m
Bowjob: a lot of coins were lost
Bowjob: i feel that fuckup on the twelth kinda killed the rally
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.17620987 = 176.2099 BTC [-]
assbot: [MPEX] [O.BTCUSD.C350T] 230 @ 0.25305341 = 58.2023 BTC [-]
mpexbot: FabianB: {u'7d': {u'cnt': u'54', u'min': u'500000', u'max': u'600000', u'vsa': u'48077439398', u'vsh': u'87093', u'avg': u'552024.151172'}, u'30d': {u'cnt': u'538', u'min': u'300001', u'max': u'690000', u'vsa': u'1465865095496', u'vsh': u'2394243', u'avg': u'612245.74761'}, u'1d': {u'cnt': u'9', u'min': u'500000', u'max': u'588220', u'vsa': u'18917716557', u'vsh': u'36479', u'avg': (1 more message)
assbot: [MPEX:S.DICE] 1D: 0.005 / 0.00518591 / 0.0058822 (36479 shares, 189.18 BTC), 7D: 0.005 / 0.00552024 / 0.006 (87093 shares, 480.77 BTC), 30D: 0.00300001 / 0.00612245 / 0.0069 (2394243 shares, 14,658.65 BTC)
mircea_popescu: way cleanner imo. mpexbot more adequate for programming i'd guess
FabianB: yeah, if it wouldn't at the end say "(1 more message)" ;)
assbot: [MPEX] [S.MPOE] 2807 @ 0.00073493 = 2.0629 BTC [+]
FabianB: didn't get pm, but i'm umode +R
assbot: [MPEX] [S.MPOE] 15513 @ 0.00073492 = 11.4008 BTC [-]
FabianB: let me turn that off for a moment
mpexbot: FabianB: {u'7d': {u'cnt': u'54', u'min': u'500000', u'max': u'600000', u'vsa': u'48077439398', u'vsh': u'87093', u'avg': u'552024.151172'}, u'30d': {u'cnt': u'538', u'min': u'300001', u'max': u'690000', u'vsa': u'1465865095496', u'vsh': u'2394243', u'avg': u'612245.74761'}, u'1d': {u'cnt': u'9', u'min': u'500000', u'max': u'588220', u'vsa': u'18917716557', u'vsh': u'36479', u'avg': (1 more message)
mircea_popescu: smickles, could $vwap be cleaned up a little so that the 1 more msg thing is not printed ? perhaps take out all the u too
FabianB: yeah, i guess it's just a few characters needed for the 1d avg
Guest7560: Anybody can explain the mpex oix in laymens terms?
Guest7560: (I've read the blog article - still confused)
assbot: [MPEX] [S.MPOE] 10000 @ 0.00071977 = 7.1977 BTC [-]
assbot: [MPEX] [S.MPOE] 3365 @ 0.00071976 = 2.422 BTC [-]
assbot: [MPEX] [S.MPOE] 3300 @ 0.00071873 = 2.3718 BTC [-]
assbot: [MPEX] [S.MPOE] 5885 @ 0.00071641 = 4.2161 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10499 BTC [+]
mircea_popescu: it sums up what the option traders think the price will be next week
Bowjob: so the traders think BTC will go down to 39.31
Guest7560: mircea_popescu: Thanks! So 39.31 (57.59 / 37.62) means sentiment is that it's going down
Guest7560: What do the 2nd and 3rd values mean?
mircea_popescu: on average, they expect 39.31 next week. the call side expects 57.59, the put side 37.32
mircea_popescu: it allows for easy separation between bulls and bears by taking advantage of the the nature of options
Bowjob: so some expect 57 by next week
mircea_popescu: of the ~5k btc on the line, only 8.5% belongs to the people expecting 57.59
mircea_popescu: so they aren;t really putting their btc where their mouth is very much
mircea_popescu: it's a pretty sophisticated measure, if you think about it
mircea_popescu: however, i wouldn't fall in love with it. we don't know yet if it makes any sense or just is a pretty number
Guest7560: I think I've read on reddit somewhere that it never failed in the past..?
rikur_: I just missed something interesting.
mircea_popescu: it predicted some events in the past and failed to rpedict others
mircea_popescu: there's a graph in the article on trilema showing it against the actual price
Bowjob: That means the OIX is pretty accurate
Guest7560: So while mpex site was down the last couple days (ddos I think), I heard that trading was still going in irc
Bowjob: I don't understand that huge red sword
Bowjob: in the middle. wtf is that
Bowjob: did people suddenly expect BTC to raise to the moon?
Guest7560: Is there a way to get the oix when mpex.co website is down?
mircea_popescu: Bowjob you can buy a very expensive call and make the sentiment spike on low volume, i think is what happened.
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 37.62123733 / 39.31406066 / 57.58756229 (28662 shares, 4,851.15 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mircea_popescu: Bowjob for instance consider O.BTCUSD.C750T. it costs like .05 btc. if you buy it, you imply price goes to like 76+
mircea_popescu: option trade volume varies A LOT. two weeks ago was 20k
Bowjob: what are the green lines for?
assbot: [MPEX] [S.MPOE] 13111 @ 0.00071641 = 9.3929 BTC [-]
assbot: [MPEX] [S.MPOE] 20307 @ 0.00071488 = 14.5171 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.849 = 16.98 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.849 = 16.98 BTC [+]
rikur_: Bowjob: that's a very distracting nickname
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.849 = 4.245 BTC [+]
Bowjob: you are not the first.
Guest7560: So anyone has an idea why the majority of traders thinks btc will go down to 39?
mircea_popescu: Guest7560 just the revert to mean theory may be enough. it went up fast.
Bowjob: though I'm waiting for march 22 and the days after that..
rikur_: mircea_popescu: thanks!
Bowjob: america and canada wont be able to trade on mt gox anymore
Guest7560: Bowjob: I think the fork thing is over now and everybody relaxed, no?
Bowjob: yes, but it scared a bunch of people..
Guest7560: I know, but that's over now, so I wouldn't expect a drop so many days after its over and fixed
Guest7560: Tell me about that coinlab/mtgox US/CA story
Bowjob: basically wall st. , im speculating will play with bitcoins
Bowjob: Taxes won't be optional anymore if you trade with coinlab
Guest7560: mircea_popescu: You mean until nobody uses the 0.8 version anymore that has the bug that caused the block to be rejected?
mircea_popescu: Guest7560 it's .7 and prev that have an issue. not exactly a bug. just a complex db issue.
Bowjob: Up until now, if you have half a braincell, you can choose to pay taxes or not
Bowjob: but CoinLab will report it to the irs
Bowjob: if you make 500 dollars or more
Bowjob: basically, they are "legitimizing" bitcoin
Bowjob: have you seen their buy 1m and sell 1m worth of bitcoin button?
assbot: [BTCTC] [CRYPTO-TRADE] 3 @ 0.2 = 0.6 BTC [+]
tiberiusiv: bowjob: taxes were never optional even at mtgox
Bowjob: oh. but they dont hand in the info to irs dont they
tiberiusiv: bowjob: they may not but when you withdraw funds the recieving bank does
rikur_: Wait. If I have BTC in mt.gox, will it be sold to coinlab? or moved under their jurisdiction? I'm currently in Canada.
Bowjob: mhm, actually you're right
tiberiusiv: the benefit to canada is you could say your proceeds came from online gambling
rikur_: coinlab has a very unfortunate logo with the "bubbles" :)
Guest7560: Coinlab statement is still pretty vague...
Bowjob: what i dont like about coinlab
Bowjob: is they are offering a "storage" solution
Bowjob: and they will charge money to hold BTC
Bowjob: you're missing the point
rikur_: How would you be taxed for mined coins?
Bowjob: cashout price - electricity - mining rig price
Bowjob: and then they tax your income
tiberiusiv: until you started filling up a bank account
Bowjob: you dont have to if you just keep the coins
Bowjob: thats the thing. if you use the coins anonymously, its just like income
Bowjob: and taxes, will be optional
Bowjob: it could get sticky when the gov recognize bitcoin as money
Bowjob: what you can do, is wait till your bitcoin stash become so valuable, that you can buy a member of the congress with it
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849 BTC [+]
Bowjob: I thought I brought it up earlier lol
Bowjob: chang put a quarter in on yes
mircea_popescu: so wait. luke went to visit bfl, where he was in fact presented with a box of fans ?
Bowjob: it scares me though, if they actually deliver there goes my profits
mircea_popescu: i guess he better start looking for crow stew recipes.
assbot: [MPEX] [S.MPOE] 1354 @ 0.00071102 = 0.9627 BTC [-]
Bowjob: Bitbet suggests that BFL victims are low on morale
tiberiusiv: mircea: are the bbet asks your tranches
Bowjob: they should be betting on Yes to make up on their lost profits
mircea_popescu: tiberiusiv the 10k bits are mine/kako's alternatively, as per the contract
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.21053791 = 210.5379 BTC [+]
assbot: [MPEX] [O.BTCUSD.C390T] 1000 @ 0.17621836 = 176.2184 BTC [+]
mircea_popescu: you can work it out, they're supposed to increase in price at a fixed rate
mircea_popescu: as per the guidance in feb statement, "Since the BFL bet closed in March the dividend guidance is high for next month - just that bet alone would push profit up 300%."
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.0053 = 0.106 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 13 @ 0.00535 = 0.0696 BTC [+]
assbot: [MPEX] [S.MPOE] 21400 @ 0.0007078 = 15.1469 BTC [-]
assbot: [MPEX] [S.MPOE] 11700 @ 0.00070473 = 8.2453 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 83 @ 0.0054 = 0.4482 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849 BTC [+]
Ukto: is coming and going
rikur_: Wow, does bitcoin already have 3x the market cap of e-gold at it's peak?
rikur_: never thought of that.
mircea_popescu: implied btc market cap is larger than the gnp of Dominica ; Tonga ; Micronesia, Federated States of ; Anguilla ; Cook Islands ; São Tomé and Príncipe ; Palau ; Marshall Islands ; Kiribati ; Nauru ; Montserrat ; Tuvalu
Bowjob: I have a feeling this dude will be correct for once
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.849 = 6.792 BTC [+]
Anduck: doesnt it mean extremely bullish?
Anduck: if i remember correct...
rikur_: if you believe in technical analysis..
Bowjob: well, lucif has been consistently wrong in the past..
Bowjob: well we were at 47 yesterday
gribble: BTCUSD ticker | Best bid: 46.65099, Best ask: 46.65100, Bid-ask spread: 0.00001, Last trade: 46.65100, 24 hour volume: 19628.80463838, 24 hour low: 46.27070, 24 hour high: 47.44999, 24 hour vwap: 46.89741
Bowjob: perhaps it is a hanging man!
midnightmagic: mircea_popescu: Not that you care about much outside your own head, but I did not, nor would I, grant you permission to publically public anything I say in a channel which is not clearly demarked as a "Publically-logged channel."
midnightmagic: I will note that neither the channel topic, nor the page that the topic's sole contents (a URL) point to, state anything about public logging.
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.849 = 16.98 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849 BTC [+]
Bowjob: dice is down from here
ZedsterX: dice is up here....took about 2 minutes to get bet addresses up
assbot: [MPEX] [S.MPOE] 11380 @ 0.00070489 = 8.0216 BTC [+]
assbot: [MPEX] [S.MPOE] 9270 @ 0.00071093 = 6.5903 BTC [+]
mircea_popescu: midnightmagic this is a logged channel. you weren't aware ?
assbot: [MPEX] [S.MPOE] 6811 @ 0.00070473 = 4.7999 BTC [-]
assbot: [MPEX] [S.MPOE] 3900 @ 0.00070369 = 2.7444 BTC [-]
assbot: [MPEX] [S.MPOE] 9029 @ 0.00070102 = 6.3295 BTC [-]
midnightmagic: It is not stated so in the topic, nor in the bitcoin-assets.com page it links to, mircea_popescu.
midnightmagic: And thus are not in a position to make such determinations regardless.
mircea_popescu: you highlighted me with whatever q, i gave you an answer, you don't like mine highlight whoever else next time eh ?!
midnightmagic: This is a primary namespace channel and thus technically falls under the Bitcoin FOSS project ownership.
midnightmagic: I'm making a comment shortly on your blog you may be interested in.
mircea_popescu: but anyway, to the more general point : you're powerless. get used to liking it, cause it ain't changing.
mircea_popescu: the impersonal you i mean. the little vessenes group, bfl, mtgox, what have you in there.
midnightmagic: You are quoting me out of context and thus impugning my moral rights under the copyright acts of both our countries.
midnightmagic: No, as per Romanian copyright law I am requesting you remove quotes of mine from your website.
midnightmagic: Your site isn't letting me post. How do I convince it I'm a human? I'll flesh out the articles specifically to which I'm referring.
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.105 = 0.21 BTC [+]
mircea_popescu: cause that's what spambots usually do, load page make post
midnightmagic: Hrm. I took about 30 minutes to write my comment..?
mircea_popescu: it's possible if unlikely your page was marked as stale by the time you clicked ?
ZedsterX: geez i am almost gonna give MP some money just so I can see this quote
assbot: [MPEX] [S.BBET] 300 @ 0.00181 = 0.543 BTC [+]
ZedsterX: i meant i was almost willing to pay your blog price
midnightmagic: ZedsterX: It's nothing special at all. It's what he said about it.
ZedsterX: hehe just kidding i would never pay to read someones blog not an issue :)
midnightmagic: I thought it was a joke at first but it appears he has also mistaken me for a DJ in Wisconsin.
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.849 = 2.547 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.849999 = 8.5 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.85 = 7.65 BTC [+]
midnightmagic: mircea_popescu: What's the big deal man? I asked you nicely, you said no, I quote you the law of your own country you are breaking by deliberately quoting me out of context and making unfunny, uncritical, non-commentary aspersions on my character, and this is your response? srsly?
mircea_popescu: you're obviously missing the context that Trilema has been standing against attempts at internet censorship for half a decade.
midnightmagic: You have always been a proponent of legal correctness.
mircea_popescu: you honestly imagine you can absue the legal process to impose censorship on blogs ?
mircea_popescu: others have tried, and have failed so far, but by all means, if you must.
midnightmagic: lol, no, I'm pointing out a legal liability, and requesting that you not quote me, in direct contravention of the policy of the network you enjoy and make money with, for free.
mircea_popescu: last i checked you have a free cloak and i have a silver one. let's keep them aspersions at bay.
midnightmagic: You can bury your head in the sand and pretend the law doesn't apply to you and pretend what I'm doing is censorship, and pretend there is no other way, but there is.
mircea_popescu: indeed there is. get used to the fact that this channel is a public forum, serving the needs of bitcoin trade
midnightmagic: This isn't a public forum, it is not listed as such. You saying it is so, does not make it so. This is primary namespace #bitcoin*, which means it certainly isn't for you to decide what happens here, nor what policy is.
mircea_popescu: the needs of the bitcoin circlejerk are served elsewhere.
midnightmagic: This particular channel is not, actually a public forum, no matter how many times you think your word is somehow above law.
mircea_popescu: listen, i'm not arguing with you. i'm telling you. you don't like what i'm telling you, go argue with somebody else.
midnightmagic: Are you so mercenary? So sociopathic that you would deny a simple request for the same courtesy I have often showed you without considering the alternatives?
midnightmagic: Do you have any idea how many times I've turned down requests for complete logs of your conversations?
assbot: [MPEX] [S.MPOE] 971 @ 0.00070102 = 0.6807 BTC [-]
assbot: [MPEX] [S.MPOE] 14734 @ 0.00069148 = 10.1883 BTC [-]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00069002 = 6.9002 BTC [-]
midnightmagic: If you're cool with throwing all the courtesy we've shown each other over the last many months away just because of a few-day spat that stings your ego..
FabianB: midnightmagic: why not put it in context in the comment section? i don't think it gets censored either
midnightmagic: FabianB: Because that would imply I am fine with it staying up; additionally, if *I* publish it on *his* site then I lose the right to request that it come down.
mircea_popescu: you have some very interesting legal theories going there.
mircea_popescu: but anyway, since it's on the third mention by now, when did i ask you to delete shit you published ? or what ?
midnightmagic: mircea_popescu: It's not legal theory, it's simple human nature at this point. I'm not interested in answering the question, "Why if you wanted it taken down did you repost it right underneath?"
midnightmagic: mircea_popescu: You didn't. I don't publish shit. People ask me for logs of your comments and I think.. "Well people are trying to dig up shit. Probably because they want to harm him. No thanks." And I tell them to fuck off.
mircea_popescu: let them have whatever logs, what i say i say because it is, not because it isn't.
mircea_popescu: da fuck, they can just grow a pair and ask me directly.
midnightmagic: mircea_popescu: That's the second reason why I tell them to fuck off.
Anduck: do you get free yubikey from mtgox?
mircea_popescu: all this mystique and mystery, i hadn't no idea people are like... secretively lurking my chats nao.
Anduck: i heard something like this but... do i need to be verified?
mircea_popescu: Anduck isn't a yubikei like 10 bux, and moreover don't they work on any site ?
Anduck: mtgox keys work only on mtgox
ZedsterX: Mt.gox yubikey only works for them
Anduck: mtgox charges 30 usd for yubikey
Anduck: but i dont want to :( atleast now
Anduck: maybe i'll use software 2fa
assbot: [MPEX] [S.MPOE] 4095 @ 0.00068804 = 2.8175 BTC [-]
Anduck: like, a mobile phone app
assbot: [MPEX] [S.MPOE] 5800 @ 0.00070617 = 4.0958 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
assbot: [BTCTC] [BTC-BOND] 4 @ 0.009861 = 0.0394 BTC [-]
assbot: [BTCTC] [BTC-BOND] 4 @ 0.00986 = 0.0394 BTC [-]
assbot: [BTCTC] [BTC-BOND] 20 @ 0.00982 = 0.1964 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.33318 = 0.9995 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 50 @ 0.105 = 5.25 BTC [+]
assbot: [MPEX] [S.MPOE] 8300 @ 0.00071093 = 5.9007 BTC [+]
assbot: [MPEX] [S.MPOE] 12800 @ 0.0007106 = 9.0957 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.85 = 7.65 BTC [+]
Bowjob: I been watching lately, they sell a lot
assbot: [BTCTC] [PAJKA.BOND] 13 @ 0.105 = 1.365 BTC [+]
assbot: [MPEX] [O.BTCUSD.C470T] 1000 @ 0.15445864 = 154.4586 BTC [-]
assbot: [MPEX] [O.BTCUSD.C490T] 1000 @ 0.13342614 = 133.4261 BTC [-]
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.11500402 = 115.004 BTC [+]
assbot: [MPEX] [O.BTCUSD.C530T] 1000 @ 0.09894671 = 98.9467 BTC
assbot: [MPEX] [O.BTCUSD.C550T] 1000 @ 0.08501814 = 85.0181 BTC
gribble: BTCUSD ticker | Best bid: 46.52002, Best ask: 46.77899, Bid-ask spread: 0.25897, Last trade: 46.52002, 24 hour volume: 18864.05282020, 24 hour low: 46.27070, 24 hour high: 47.44999, 24 hour vwap: 46.87026
assbot: [MPEX] [S.MPOE] 8050 @ 0.0007106 = 5.7203 BTC [-]
assbot: [MPEX] [S.MPOE] 5400 @ 0.0007106 = 3.8372 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 32 @ 0.85 = 27.2 BTC [+]
assbot: [MPEX] [S.MPOE] 955 @ 0.00070617 = 0.6744 BTC [-]
assbot: [MPEX] [S.MPOE] 23500 @ 0.00070309 = 16.5226 BTC [-]
assbot: [MPEX] [S.MPOE] 11595 @ 0.000703 = 8.1513 BTC [-]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00070794 = 1.4159 BTC [+]
assbot: [MPEX] [S.MPOE] 3296 @ 0.00071093 = 2.3432 BTC [+]
mircea_popescu: so basically, the naive got their bank accounts raided.
assbot: [MPEX] [S.MPOE] 6650 @ 0.00070556 = 4.692 BTC [-]
assbot: [MPEX] [S.MPOE] 19350 @ 0.00069804 = 13.5071 BTC [-]
Chaang-Noi: im glad i moved to a place where the normal currency is gold and we export food.
Chaang-Noi: try to buy a car here with a credit card and they will look at you like you are a retard.... try to pay in gold, no problem
Chaang-Noi: i do wish i held some land, but right now it is over priced here
Chaang-Noi: asean is going to be growing while the west is falling/failing
Chaang-Noi: asicminer is slowly moving up with decent volume despite paying weekly dividends
Chaang-Noi: also is s.dice down to limited? i used to see many more s.dice transactions and now only a few :/
Chaang-Noi: block chain dot info used to show like 50% to 755 s dice transactions
assbot: [BTCT:ASICMINER-PT] 1D: 0.769999 / 0.8115 / 0.85 (466 shares, 378.2 BTC), 7D: 0.65 / 0.76347 / 0.973 (1434 shares, 1094.8 BTC), 30D: 0.65 / 0.72349 / 1 (2550 shares, 1844.9 BTC)
Chaang-Noi: the other exchange is getting a bit more volume but a bit lower price
Chaang-Noi: if you go look now it is about 1 transaction in like 20
Chaang-Noi: i have noticed this over the last 10 hours or so
assbot: [MPEX] [S.MPOE] 2480 @ 0.00071093 = 1.7631 BTC [+]
assbot: [MPEX] [S.MPOE] 4520 @ 0.00071108 = 3.2141 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.99 BTC [-]
assbot: [MPEX] [S.MPOE] 9900 @ 0.00069831 = 6.9133 BTC [-]
assbot: [MPEX] [S.MPOE] 15000 @ 0.00069831 = 10.4747 BTC [-]
assbot: [MPEX] [O.BTCUSD.P730T] 15 @ 0.56117433 = 8.4176 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.889998 = 1.78 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.889999 = 8.9 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.939999 = 9.4 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.9487 = 9.487 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.9489 = 14.2335 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9489 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 19 @ 0.9489 = 18.0291 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.17299 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01984 BTC [+]
assbot: [BTCTC] [B.YABMC] 10 @ 0.01985 = 0.1985 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.85 = 3.4 BTC [-]
vampireb: where can you a buy card with a cc?
vampireb: i would totally would for bonus points
assbot: [MPEX] [S.MPOE] 23900 @ 0.00070255 = 16.7909 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.005 / 0.00518591 / 0.0058822 (36479 shares, 189.18 BTC), 7D: 0.005 / 0.00552063 / 0.006 (85443 shares, 471.70 BTC), 30D: 0.00300001 / 0.00612241 / 0.0069 (2393043 shares, 14,651.21 BTC)
assbot: [BTCTC] [B.YABMC] 1 @ 0.01101 BTC [-]
ThickAsThieves: gawd, reading chatlog here is such a chore when people get dramatic
kakobrekla: lets see the faces when it all goes crashing down
Chaang-Noi: but we are going well over 1. we will control about 50% of the network for at least 3 months
Chaang-Noi: they hope to have their test unit done by then yeah
Chaang-Noi: who knows how many months to get their 5000 chips out
Chaang-Noi: yeah, maybe in 3 months someone else will be able to break asicminer from their 50% lock down...
vampireb: BFL will probably will be releasing slowly.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.945 BTC [+]
Chaang-Noi: bfl (assuming their stuff works) will not ship all at once
Chaang-Noi: 1 to 2 months for their 5000 chips, then they need to reload
ThickAsThieves: i'm pretty sure they claimed to be able to work much faster than that no?
Chaang-Noi: i dont think sept is in the first batch.
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.9489 = 3.7956 BTC [+]
Chaang-Noi: yeah 4 to 6 weeks from like 1 year ago ready to ship/..
Chaang-Noi: 405 of the network for 3 months is .324 btc per share...
Chaang-Noi: that is a good question, and i dont know
Chaang-Noi: but im the seller at .95 and will buy at the other exchange...
Chaang-Noi: iv not been around but i thought bf was the biggest exchange now
Chaang-Noi: my shares mosty, it has been pretty good
Chaang-Noi: mine were the first 1000 and about 70% of all the others
Chaang-Noi: been buying otc at like 30% less of what i have been moving them for on that exchange
Chaang-Noi: im really shocked it worked so well for so long
assbot: [MPEX] [S.MPOE] 20000 @ 0.0007079 = 14.158 BTC [+]
assbot: [MPEX] [S.MPOE] 7407 @ 0.00071108 = 5.267 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 11 @ 0.9489 = 10.4379 BTC [+]
Chaang-Noi: if it is still there in a few mins ill buy the rest
smickles: mircea_popescu: will do on the vwap cleanup
MJR_: what's asicminers returns like?
assbot: Um, shouldn't you be with your own tribe or somethin'?
MJR_: why do they cut in half?
smickles: < Bowjob> you dont have to if you just keep the coins << (it being taxes) it you do that enough to be noticed and audited you're fucked. they'll say you should've been treating bitcoin as barter all along, you'll have a few k of taxes owed and 10s of k in fines
assbot: [MPEX] [S.MPOE] 9675 @ 0.00071108 = 6.8797 BTC [+]
assbot: [MPEX] [S.MPOE] 5098 @ 0.00071108 = 3.6251 BTC [+]
assbot: [MPEX] [S.MPOE] 9502 @ 0.00071181 = 6.7636 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.99 = 3.98 BTC [-]
assbot: [MPEX] [S.MPOE] 2038 @ 0.00070255 = 1.4318 BTC [-]
assbot: [MPEX] [S.MPOE] 13783 @ 0.00070066 = 9.6572 BTC [-]
assbot: [MPEX] [S.MPOE] 23279 @ 0.00070015 = 16.2988 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 5 @ 0.2 = 1 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.17299 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 13 @ 0.105 = 1.365 BTC [+]
assbot: [BTCTC] [GSDPT] 150 @ 0.005198 = 0.7797 BTC [-]
assbot: [BTCTC] [GSDPT] 560 @ 0.005199 = 2.9114 BTC [+]
MJR_: anyone seen namworld lately?
gribble: namworld was last seen in #bitcoin-assets 7 hours, 37 minutes, and 5 seconds ago: <Namworld> Night all.
MJR_: on btctc it's .8 on bitfunder :)
Anduck: i sold mine a little too cheap i think
Anduck: well, i got nice profits so whatever =)
MJR_: no one ever went broke taking profits :)
assbot: [BTCTC] [S.DICE-PT] 97 @ 0.0054 = 0.5238 BTC [+]
assbot: [MPEX] [S.MPOE] 31800 @ 0.00071181 = 22.6356 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00541 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.005404 = 0.5404 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 302 @ 0.00541 = 1.6338 BTC [+]
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: [MPEX] [S.MPOE] 27900 @ 0.00070763 = 19.7429 BTC [-]
assbot: [MPEX] [S.MPOE] 400 @ 0.00071181 = 0.2847 BTC [+]
gribble: Next difficulty estimate | 5768719.44091 based on data since last change | 5650760.38918 based on data for last three days
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.88 = 1.76 BTC [-]
assbot: [MPEX] [S.MPOE] 17642 @ 0.00070501 = 12.4378 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.99 BTC [-]
assbot: [MPEX] [S.MPOE] 1125 @ 0.00070327 = 0.7912 BTC [-]
assbot: [MPEX] [S.MPOE] 26630 @ 0.00071181 = 18.9555 BTC [+]
assbot: [MPEX] [S.MPOE] 9061 @ 0.00071738 = 6.5002 BTC [+]
assbot: [MPEX] [S.MPOE] 10450 @ 0.00070015 = 7.3166 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.2597 = 0.5194 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.105 = 0.21 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.54 = 2.7 BTC [+]
assbot: [MPEX] [S.MPOE] 17200 @ 0.00071738 = 12.3389 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.89 BTC [+]
assbot: [MPEX] [S.MPOE] 7300 @ 0.00070818 = 5.1697 BTC [-]
assbot: [MPEX] [S.MPOE] 21600 @ 0.00070675 = 15.2658 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.53001 = 1.59 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.530001 = 2.65 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.53000001 = 3.71 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.522 = 1.044 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.521 = 1.563 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.52 = 5.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.52 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.5151 = 1.5453 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.51501 = 1.545 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.515 = 10.3 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.513 = 2.052 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.512 = 4.096 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.511 = 4.599 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.5105 = 2.5525 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.5102 = 3.0612 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.5101 = 2.0404 BTC [-]
assbot: [HAVELOCK] [SDICE] 77 @ 0.51 = 39.27 BTC [-]
assbot: [MPEX] [S.MPOE] 8450 @ 0.00070675 = 5.972 BTC [-]
assbot: [MPEX] [S.MPOE] 16555 @ 0.00070418 = 11.6577 BTC [-]
assbot: [MPEX] [S.MPOE] 2639 @ 0.00071738 = 1.8932 BTC [+]
assbot: [MPEX] [S.MPOE] 9200 @ 0.00071767 = 6.6026 BTC [+]
assbot: [MPEX] [S.MPOE] 7311 @ 0.00071815 = 5.2504 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 16 @ 0.105 = 1.68 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 33 @ 0.105 = 3.465 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9 BTC [+]
OgNasty: [NastyFans.org] [NASTY MINING] 2 @ 0.33 BTC [+]
kakobrekla: errybody silently waiting for the weekend dump
OgNasty: I'm prepping myself for green beer...
OgNasty: Still say assbot should list NastyFans trades... Sucks to be lumped in with the BS gigamining has going... Just sayin'
kakobrekla: yeah, this is -assets, not -fans kinda.
OgNasty: so the inclusion of the word fan makes it not an asset in your mind?
OgNasty: "In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset)."
kakobrekla: i dont see what that has to do with nasty fans?
OgNasty: NastyFans seats are capable of being owned to produce value and ownership can be converted into cash.
OgNasty: It fits the definition of an asset.
assbot: [MPEX] [S.MPOE] 4500 @ 0.00071201 = 3.204 BTC [-]
assbot: [MPEX] [S.MPOE] 6681 @ 0.00071815 = 4.798 BTC [+]
OgNasty: Maybe I should donate one to you so you can see for yourself?
kakobrekla: nasty seats? dunno we are asset traders here and what not, not fans of anything in particular
FabianB: a company, a stock, an option, a future, an etf?
OgNasty: I don't think you're ignorant enough to be caught up on a naming convention. So I assume you have an alterior motive.
kakobrekla: OgNasty can you answer the FabianBs question-s
FabianB: what kind of (in financial terms)
OgNasty: for legal reasons I'd rather let people figure that out on their own
FabianB: then you might have to figure that out first
OgNasty: I have everything figured out. ;)
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.9 = 13.5 BTC [+]
assbot: [MPEX] [S.DICE] 42 @ 0.00532425 = 0.2236 BTC [+]
pigeons: i don't even look at a thread when i see the word nastyfans cause i ain't a fan and im sure there are others
OgNasty: pigeons: sounds like you are an excellent finacial guru. You should share that wisdom with Warren Buffet.
pigeons: anyway, have you offered to push data to assbot (assuming nastyfans is a relevant asset)
pigeons: i'm not claiming to be a financial guru. i'm stating a fact that calling something nastyfans is retarded
OgNasty: I think judging something on a name is retarded.
OgNasty: Wonder who's logic is more sound.
assbot: [MPEX] [S.MPOE] 1000 @ 0.00070827 = 0.7083 BTC [-]
assbot: [MPEX] [S.MPOE] 3674 @ 0.00070826 = 2.6021 BTC [-]
assbot: [MPEX] [S.MPOE] 3626 @ 0.00070825 = 2.5681 BTC [-]
OgNasty: "The yield on that asset is over 18%? Wow. Too bad I don't like the name." - No serious investor ever
pigeons: well, i know for legal reasons you won't tell us what it is, but what would you say someone else might call it
OgNasty: I think most people would describe it as a company.
pigeons: "NASTYFANS: THE UNOFFICIAL NASTY MINING FANCLUB"
OgNasty: We have other revenue sources in development besides just mining.
pigeons: and really, you are suprised no one bothers to look?
OgNasty: we have hundreds of individual asset owners.
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.105 = 1.05 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.9 = 9 BTC [+]
pigeons: not interested in joining a fan club for a miner
OgNasty: even if the fan club donates bitcoins to you?
pigeons: i looked at the forum links you posted, couldnt find anything bout the 18% (per annum?) or any details. i do not doubt these returns, just interested in taking your advice and looking at it
OgNasty: it's all public on the site and the thread.
pigeons: the site is just a login page
pigeons: i looked through several of the 48 pages and still don't see
OgNasty: I'd say more stats and transparency than ANY OTHER asset.
pigeons: more transparent than s.dice? where everyone sees all the money going in and out?
OgNasty: Every independent test I've seen done on s.dice shows that the amount of return they promise is a great deal from real returns.
OgNasty: whereas everything listed on my thread is factual.
OgNasty: but you can't see it, so I guess your ignorance is understandable.
OgNasty: reading OPs is hard for trolls.
pigeons: they promise 100% of returns and you get them
pigeons: independently verified, dooglus does a good job
OgNasty: go make a few bets then... haha
pigeons: we are talking about assets not gambling sites
pigeons: maybe i'm confused, that's waht the nasty fan club is
OgNasty: you are confused for sure. whether or not you are just trolling me is what I'm trying to decypher.
pigeons: please show me something indicating the return from s.dice profits is any less
pigeons: how did they cheat that? someone bet to a secret address?
OgNasty: go make 100 bets on the 97% address and see what your return is for yourself.
OgNasty: I'm not an independent auditor and I don't even care about S.DICE. I do my gambling at a casino, it's a social thing.
OgNasty: S.DICE is profitting off the ignorance of the socially inept.
OgNasty: Which I'm fine with, but can't figure out why I should care.
pigeons: i'm not talking about return on bets
OgNasty: whatcu talkin' bout willis?
pigeons: you said your asset was more transparent
OgNasty: Where is the page showing the P/E ratio of S.DICE shares, or the yield?
assbot: [MPEX] [S.MPOE] 1450 @ 0.00071815 = 1.0413 BTC [+]
pigeons: it seems 100% of s.dice profits go to shareholders, and no one is disputing that
OgNasty: manually entered google spreadsheet does not equal transparency.
OgNasty: Literally any numbers could be listed there...
pigeons: i'm not in the satoshi dice fan club, but you stated that your fan club is the most transparent asset out there, and here is one we can compare
pigeons: which pools do you mine on?
OgNasty: lots of manually entered numbers...
OgNasty: If I show you pretty numbers will you send me all your BTC?
pigeons: i've checked the numbers myself, as have several in here
OgNasty: I mine on lots of pools...
pigeons: i've never heard anyone talk about your fan club, and i thought maybe i will check some of the numbers if the pools are exposing that information
OgNasty: well, with nastyfans everything is automated with numbers coming from 3rd parties. there is no need to check anything... the numbers come from where you'd check...
pigeons: i looked at that, just a bunch of manually entered numbers, and not hte ones im looking for
pigeons: ok i looked again, seriously there is no information there whatsover about your mining profits
OgNasty: those aren't manually entered numbers
OgNasty: those are images... updated in real time with stats from the operation.
OgNasty: the actual transactions and all that is on the nastyfans.org site.
OgNasty: available for members to see.
pigeons: well, best of luck to you sir
OgNasty: showing every donation and the path they all take... more info than any sane human would care to sift through, hence the automated stats.
OgNasty: Not only that, but by not pretending to be a bank and refusing to hold BTC, our exchange is far superior to the competition. Which is why I suspect people in here are threatened by it. ;)
pigeons: honestly, i don't think people feel threatened. i think it doesn't look interesting to anyone here
OgNasty: When an asset that yields over 18% doesn't look interesting to you, something is wrong. You are entitled to your opinion though. Not all of us have decades of asset management under our belts I guess...
pigeons: how are we to know that your fan club yields over 18% a year. and yes i read your forum post
OgNasty: you could look at the donation distributions and do the math if you don't trust the numbers on the OP...
pigeons: you wondered why no one in here is interested, and i think i'm pretty accurate in the reasons
pigeons: that doesnt mean your asset isnt a good deal or accurate
OgNasty: your only reason is that you don't like the name...
OgNasty: every other statement you've made is inaccurate.
pigeons: i dont like the name enough to sign up for a site that looks exactly like all the scams out there
OgNasty: this isn't new... been operating almost a year...
pigeons: you can be upset people aren't giving your fan club a fair chance because of surface misconceptions, but that is happening
pigeons: yeah i saw you in the forum a year ago, and it wasnt interesting
OgNasty: people are giving it a fair chance...
OgNasty: it isn't a mining bond... lol
pigeons: i read your post it says its a fan club
OgNasty: a smart investor would know.
pigeons: that's what pirate folks said
pigeons: i cant tell you your not smart enough
OgNasty: not if you can't use "you're" correctly. haha
pigeons: ok im not smart enough to know how a fan club can pay me money
pigeons: i'm hoping to hearing bout it
OgNasty: you join fan club and own a seat
OgNasty: I mine coins and donate them to the fan club
OgNasty: fan club distributes the donated coins to members based on the number of seats
pigeons: thank you. not interested.
OgNasty: I'm not trying to get you interested. I just wanted to know what kind of bureaucracy was behind not listing nasty trades by assbot.
pigeons: basically its not interesting
OgNasty: it is more interesting than 90% of the stuff listed by assbot.
pigeons: do you have a channel you stream them to so people don't have to register for the fan club?
OgNasty: Again, all on the OP of my thread.
assbot: [HAVELOCK] [HIM] 2 @ 1.99 = 3.98 BTC [-]
OgNasty: Should I post that link a 4th time? lol
assbot: [HAVELOCK] [HIM] 2 @ 1.99 = 3.98 BTC [-]
assbot: [HAVELOCK] [HIM] 10 @ 1.999 = 19.99 BTC [+]
pigeons: no maybe you should re-write it though
OgNasty: smarter people than you or I are behind the writing and there are reasons for it.
OgNasty: these bitcoin assets are in fantasyland with their naming conventions...
OgNasty: I have enough experience with publicly traded assets to know that it's all BS and the exchanges will fold just like GLBSE when pressure gets put on them.
OgNasty: Don't act like my asset is "stupid" and "not interesting" because I'm prepared for the "when" while everyone else is thinking about the "if"
pigeons: its not interesting cause i thought its a mining bond. you tell me its not a mining bond but you wont tell me what it is. it has nothing to do with that you think legal issues go away ...cause fanclub
OgNasty: well, then wait and see what we have in store next and maybe it will be more interesting and you'll become a fan.
pigeons: alright. thanks for the information
OgNasty: If we were to be looked at as a mining bond, then an accurate claim might be that we're a mining bond which will increase from 1mh/s to 42mh/s over the coming 6 months. ;) So if difficulty jumps by 40x and BTC price falls, it would be a bad bond to buy (but it isn't a bond, it's an operation).
pigeons: yes i see mining operation would be more accurate than mining bond
OgNasty: With that being said, until the next time I grace this channel to again question the validity of not listing the 3rd most popular asset. :)
assbot: [MPEX] [S.MPOE] 914 @ 0.00071815 = 0.6564 BTC [+]
assbot: [MPEX] [S.MPOE] 4736 @ 0.00071954 = 3.4077 BTC [+]
OgNasty: Hopefully next time our market value will be in the millions. ;) Happy St. Paddy's Day tomorrow. Stay safe.
pigeons: well kakobrekla, why aren't you listing it?
Anduck: what weere ognasty talking about
pigeons: ognasty would like his fan club trades to be streamed to this channel
assbot: [MPEX] [S.MPOE] 9864 @ 0.00071954 = 7.0975 BTC [+]
assbot: [MPEX] [S.MPOE] 9246 @ 0.00071961 = 6.6535 BTC [+]
assbot: [MPEX] [S.MPOE] 7250 @ 0.00071809 = 5.2062 BTC [-]
kakobrekla: cause the lame-o-meter reads too high.
mircea_popescu: <OgNasty> I have enough experience with publicly traded assets to know that it's all BS and the exchanges will fold just like GLBSE when pressure gets put on them. <<
mircea_popescu: <Chaang-Noi> but that is a maybe << avalon is doing about as well, ain't it ?
mircea_popescu: <ThickAsThieves> why are people paying .95 when AM is on BF for .8? << prolly cause bf won't stream ?
mircea_popescu: <OgNasty> I'd say more stats and transparency than ANY OTHER asset. << now you're just being an ass.
assbot: [MPEX] [O.BTCUSD.C410T] 4 @ 0.23 = 0.92 BTC [+]
pigeons: who knew securites law allows you to circumvent by calling your operation a fan club
kakobrekla: 20:45.49 ( kakobrekla ) also im not even thinking of listing someone who is not at least semi active in assets
mircea_popescu: actually reviewing my logs, this guy is on the record logging in under a fake name but with his own ip to "cast aspersions on my morality" or somesuch.
gribble: bastone was last seen in #bitcoin-assets 23 weeks, 6 days, 0 hours, 2 minutes, and 54 seconds ago: <Bastone> I'm not going to take the time to look it up.
kakobrekla: well im not going to take the time to look up nasty so FU
mircea_popescu: Sep 30 22:32:36 <mircea_popescu> this glbse thing you ask about is a blip.
assbot: [BTCTC] [BTC-BOND] 2 @ 0.009989 = 0.02 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.86 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.85 BTC [-]
smickles: Sep 30 22:32:36 <mircea_popescu> this glbse thing you ask about is a blip.
mircea_popescu: kakobrekla i remember he had a god awful logo but upon suggestion fixed it. perhaps in time
assbot: [MPEX] [S.MPOE] 9300 @ 0.00071961 = 6.6924 BTC [+]
assbot: [MPEX] [S.MPOE] 3600 @ 0.00071961 = 2.5906 BTC [+]
assbot: [MPEX] [S.MPOE] 4911 @ 0.00071961 = 3.534 BTC [+]
assbot: [MPEX] [S.MPOE] 1889 @ 0.00072266 = 1.3651 BTC [+]
ThickAsThieves: i missed this whole ognasty conversation, I must have him blocked from some other name too (and ive only been here a couple mos or so)
ThickAsThieves: I'd rather see "Asicminer shares will reach ฿1.25 BTC"
assbot: [MPEX] [S.MPOE] 17350 @ 0.00072266 = 12.5382 BTC [+]
jurov: kakobrekla, speaking about BF, did you come to some conclusion with ukto about streaming trades?
jurov: if that's nasty non-mining-bond is so good, why no passthroughs then?
jurov: it should have 5 each on bf and btct
ThickAsThieves: kako, is web sockets something you'll just end up implementing inevitably anyway?
assbot: [MPEX] [S.BBET] 5000 @ 0.0019 = 9.5 BTC [+]
assbot: [MPEX] [S.BBET] 5000 @ 0.00195 = 9.75 BTC [+]
assbot: [MPEX] [S.MPOE] 2550 @ 0.00072266 = 1.8428 BTC [+]
kakobrekla: well, the rate of posting would need to be high to justify it, but then again then its questionable if irc can handle that
ThickAsThieves: i wonder how long it will be til that becomes a problem
mircea_popescu: and they're not likely to change it. we would have to make our own irc server/equiv of freenode first
mircea_popescu: which is not undoable but certainly not called for yet
kakobrekla: but if you go over 1 a sec over prolonged period
mircea_popescu: kak ya i imagine assbot will stop streaming and make hourly update summaries or somesuch
assbot: [MPEX] [S.BBET] 2210 @ 0.00197 = 4.3537 BTC [+]
assbot: [MPEX] [S.BBET] 5000 @ 0.001975 = 9.875 BTC [+]
assbot: [MPEX] [S.BBET] 5000 @ 0.00198 = 9.9 BTC [+]
assbot: [MPEX] [S.BBET] 740 @ 0.001985 = 1.4689 BTC [+]
assbot: [MPEX] [S.BBET] 7050 @ 0.002014 = 14.1987 BTC [+]
kakobrekla: someone made 10k blocks priced differently
mircea_popescu: hm, do you suppose he was like "o, they're buying their own shares" ?
mircea_popescu: we're gonna end up with a degree in field psychology from watching btc trading
assbot: [MPEX] [S.MPOE] 6124 @ 0.00072266 = 4.4256 BTC [+]
assbot: [MPEX] [S.MPOE] 13976 @ 0.00072268 = 10.1002 BTC [+]
pigeons: i just decide what i'm willing to pay for each fan club and offer that
jurov: it's field psychiatry in some cases
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.89 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 19 @ 0.9 = 17.1 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.9 = 1.8 BTC [+]
MJR_: lol what is up with the fan club thing?
mircea_popescu: im not even sure what the thing is. i hate these sites that make you log in
pigeons: if you were a smart investor, you'd know ;)
kakobrekla: people will come knocking for comedy show
pigeons: i'm here all week, tip your assbot
mircea_popescu: im not an investor at all, im just the devil of bitcoin.
mircea_popescu: incidentally, how long till satoshi comes back from the heavens to banish the devil ? it could make nice paintings and all.
MJR_: could satoshi prove he was satoshi?
kakobrekla: singing with the coins for first block should do it
MJR_: well that is unless he spent them all
MJR_: hmmm, wait he'd only need to sign a message from that address
MJR_: not actually have any coins in it
mircea_popescu: so a good argument could be made someone else found it
MJR_: it's funny though, you see his chat logs pasted around like bible verses
assbot: [BTCTC] [PAJKA.BOND] 30 @ 0.105 = 3.15 BTC [+]
pigeons: satoshi or guest? satoshi used tor
mircea_popescu: ok, finally getting ready to move the mpex trade engine to its new home.
assbot: [MPEX] [S.MPOE] 12698 @ 0.00072268 = 9.1766 BTC [+]
assbot: [MPEX] [S.MPOE] 12800 @ 0.00072441 = 9.2724 BTC [+]
assbot: [MPEX] [S.MPOE] 1702 @ 0.00072563 = 1.235 BTC [+]
jurov: And Satoshi entered the Blockchain and drove out all who sold and bought in the Blockchain, and he overturned the tables of the money-changers and the seats of those who sold pigeons.
jurov: lol there ya go pigeons.. even Matthew 21:12 mentions you
jurov: yea cherry trucks and like
mircea_popescu: if you feel like it, make a little bitcoin bible. with miniatures and shit
assbot: [MPEX] [S.MPOE] 3200 @ 0.0007219 = 2.3101 BTC [-]
assbot: [MPEX] [S.MPOE] 7500 @ 0.00071809 = 5.3857 BTC [-]
MJR_: that would be funny
assbot: [MPEX] [S.MPOE] 13100 @ 0.00071883 = 9.4167 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.005 / 0.00515678 / 0.00588217 (35046 shares, 180.72 BTC), 7D: 0.005 / 0.00552053 / 0.006 (85485 shares, 471.92 BTC), 30D: 0.00300001 / 0.00612233 / 0.0069 (2391935 shares, 14,644.22 BTC)
assbot: [MPEX] [S.MPOE] 3850 @ 0.00071883 = 2.7675 BTC [+]
gribble: I have not seen killerstorm.
gribble: I have not seen Ggabridome.
assbot: [MPEX] [S.MPOE] 7375 @ 0.00071809 = 5.2959 BTC [-]
assbot: [MPEX] [S.MPOE] 4825 @ 0.0007104 = 3.4277 BTC [-]
jurov: comparing to the blog photo... seems the left one
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.89 BTC [-]
assbot: [MPEX] [S.MPOE] 13000 @ 0.00071883 = 9.3448 BTC [+]
assbot: [MPEX] [S.MPOE] 5895 @ 0.00072563 = 4.2776 BTC [+]
assbot: [MPEX] [S.MPOE] 5450 @ 0.00072596 = 3.9565 BTC [+]
assbot: [MPEX] [S.MPOE] 21355 @ 0.00072609 = 15.5057 BTC [+]
jurov: tried simple buy order and works... but seems assbot is out of the loop
mod6: it was like: (16:08) <assbot> Processing.
mod6: ok back to winning with assbot
jurov: did some testing txs... no assbot dice
mod6: does anyone have the mpex-rss.php feed available via bot request?
mod6: oh i just did a STAT, jurov
jurov: mod6 i don't understand the rss? you want to show rss data here in chan?
jurov: and congrats on the STAT.
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.89 = 5.34 BTC [-]
mod6: just was curious if that feed existed anywhere. kinda needed to either update that one script of mine, or deprecate it until some later date.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.9 = 1.8 BTC [+]
assbot: [MPEX] [S.MPOE] 1 @ 0.00072609 BTC [+]
mod6: na, its not too important, but i had that one script that did it.
mod6: maybe instead i'll just kill that old one and get the twitter feed instead
mod6: i gotta do that o_auth thing though huh?
mod6: dunno..anyway. i'll check into it. thx.
jurov: seems to work fine
mircea_popescu: anyway. mpex new monster setup seems 100% operational. webservers moved, trade engine moved.
mircea_popescu: i'll be keeping an eye on things still, but generally we seem ok over here.
mod6: jurov: it's back up!?
kakobrekla: mod6 socket connection is up at all times too
mod6: oh i guess i was unaware. yeah. ddos.
mod6: that socket seems helpful kakobrekla - what's the rate on that?
mod6: really? that seems cool.
jurov: kakobrekla, if i disconnect for some time, does it cache txs?
jurov: and send all to me after reconnect?
mod6: thx for the link mircea_popescu, i'll check it out when i get back here.
mod6: ok thanks again guys, bbl.
jurov: i don't see anything about caching txs while client is disconnected
kakobrekla: where ‘id’ is the last trade id you already recieved (0 to load from begining or -1 to skip all history).
kakobrekla: with that you specify where you want to start
kakobrekla: from begining, from any point or just listen fro now on
miscreanity: mircea_popescu: what's the likelihood of running a cjdns/hyperboria service?
mircea_popescu: the way i'd go about this is, i'd sponsor a node to run a hyperboria mpex proxy
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00512 = 0.0102 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.005 = 0.1 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.0049 = 0.0735 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00488 = 0.0732 BTC [-]
mpexbot: smickles: 1 day: average: 0.00513634 high: 0.0055 low: 0.005 volume: 33095 btc: 169.9872064 7 day: average: 0.00552045 high: 0.006 low: 0.005 volume: 85535 btc: 472.19157198 30 day: average: 0.00612231 high: 0.0069 low: 0.00300001 volume: 2391985 btc: 14644.484222
smickles: mircea_popescu: ^^ to your liking?
mpexbot: smickles: 1 day: no data 7 day: average: 42.97673204 high: 57.7102934 low: 37.4449091 volume: 30582 btc: 3176.68341381 30 day: no data
smickles: oh? was FabianB using it for the json?
smickles: ofc, the full one delivered via pastbin is still the json
mircea_popescu: so it turns out bitinstant was just having dns issues, not ddos.
davout: i'll whip out my suprise du chef when it'll be france's turn
assbot: [BTCTC] [BTC-TRADING-PT] 26 @ 0.2597 = 6.7522 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 54 @ 0.2598 = 14.0292 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 20 @ 0.2598 = 5.196 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 30 @ 0.2598 = 7.794 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 3 @ 0.2598 = 0.7794 BTC [+]
benkay: what are you all using for infrastructure management?
mircea_popescu: o wait, bfl announced they're not shipping in march ?!
kakobrekla: i think we would hear about it in here by now
assbot: [BTCTC] [PAJKA.BOND] 104 @ 0.105 = 10.92 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.005 / 0.00513634 / 0.0055 (33095 shares, 169.99 BTC), 7D: 0.005 / 0.00552044 / 0.006 (85535 shares, 472.19 BTC), 30D: 0.00300001 / 0.00612471 / 0.0069 (2345295 shares, 14,364.26 BTC)
assbot: [HAVELOCK] [HIM] 10 @ 1.999 = 19.99 BTC [+]
benkay: can I ask assbot for the last trade? if so how?
gribble: [18:27:59] <benkay> can I ask assbot for the last trade? if so how?
kakobrekla: 02:20.01 ( @assbot ) [HAVELOCK] [HIM] 10 @ 1.999 = 19.99 BTC [+]
benkay: blacktape2 is listening just to assbot
benkay: also i just realized that if assbot will show last trade i have some work to do
benkay: currently assuming that all trades out of assbot are unique
kakobrekla: well iirc i hold the last trade data cause i need it for the + or -
kakobrekla: but we can just make the syntax so your bot doesnt get confused
smickles: i would love to be able to query assbot for the last trade of assets
gribble: (last [--{from,in,on,with,without,regexp} <value>] [--nolimit]) -- Returns the last message matching the given criteria. --from requires a nick from whom the message came; --in requires a channel the message was sent to; --on requires a network the message was sent on; --with requires some string that had to be in the message; --regexp requires a regular expression the message must (1 more message)
gribble: [18:20:02] <assbot> [HAVELOCK] [HIM] 10 @ 1.999 = 19.99 BTC [+]
gribble: Error: 'assbot' is not a valid channel.
smickles: damn, assbot never talks about previous partners, seems gribble won't help us find out
Namworld: Unfortunatly, no one else thought of that yet, smickles. Congratulations.
Namworld: Looks like BFL is in the forever "almost" zone.
Chaang-Noi: i kinda thought they would ship in march, but i might losethat bety
Chaang-Noi: anyone happen to know total hash of batch 1 for avalon, and then batch 2?
Chaang-Noi: iv made so much money off of bfl fail it wont matter if i lose one bet :)
Chaang-Noi: lol, i never failed, but i keep trusting scammers, lol
assbot: [MPEX] [S.DICE] 2229 @ 0.00530736 = 11.8301 BTC [-]
Chaang-Noi: still, even though i lost monhey in things like glbse and bitcoinica im still okay, never riskmore than you can lose...
Chaang-Noi: i wonder if that bitcoinica thing will ever work out
Chaang-Noi: i have 700 btc id like to see atleast 50% of...
Chaang-Noi: it is in a mt gox account, they just wont give it away
Chaang-Noi: i admit i might not get more than 2 btc but i hope i atleast get 1/2
kakobrekla: next short opportunity of cheap coins, mtgox gets closed
Chaang-Noi: lol if mt gox fails before i get my coins back...
Chaang-Noi: tried to sign up for bitfunder, after i did all the hoops i was rejected cuz no weexchange account... facepalm
dub: as a user or to issue an asset?
assbot: [BTCTC] [GSDPT] 10 @ 0.00498 = 0.0498 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 62 @ 0.00488 = 0.3026 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.00487 = 0.487 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00482 = 0.0964 BTC [-]
Chaang-Noi: dub i was trying to send in btc to but asicminer
Chaang-Noi: i was thinking about sending in assets too, but they were like you MUST have a weexchange account, here is your code... that pissed me off...
assbot: [BTCTC] [GSDPT] 1 @ 0.0046 BTC [-]
assbot: [BTCTC] [GSDPT] 10 @ 0.00452 = 0.0452 BTC [-]
assbot: [BTCTC] [GSDPT] 354 @ 0.00451 = 1.5965 BTC [-]
assbot: [BTCTC] [GSDPT] 500 @ 0.004501 = 2.2505 BTC [-]
Chaang-Noi: needless to say they lost a potential customer
assbot: [BTCTC] [S.DICE-PT] 1000 @ 0.0046 = 4.6 BTC [-]
assbot: [BTCTC] [BTC-BOND] 7 @ 0.009989 = 0.0699 BTC [+]
mpexbot: smickles: Bids: ['71 @ 530736', '1250 @ 519980', '20000 @ 500000', '2361 @ 500000', '22222 @ 444440']
mpexbot: smickles: Asks: ['1080 @ 537099', '1950 @ 544503', '500 @ 577800', '700 @ 577905', '2000 @ 584999']
assbot: [BTCTC] [BTC-BOND] 103 @ 0.00999 = 1.029 BTC [+]
assbot: [BTCTC] [BTC-BOND] 48 @ 0.00999 = 0.4795 BTC [+]
assbot: [BTCTC] [BTC-BOND] 20 @ 0.00999 = 0.1998 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 467 @ 0.004551 = 2.1253 BTC [-]
dub: i was gonna signup too, thats a bit watly
assbot: [BTCTC] [BTC-BOND] 104 @ 0.01 = 1.04 BTC [+]
assbot: [BTCTC] [BTC-BOND] 10 @ 0.01 = 0.1 BTC [+]
Namworld: Ah... S.DICE-PT is going down but BTC-BOND goes up?
assbot: [MPEX] [S.MPOE] 11200 @ 0.00072609 = 8.1322 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 300 @ 0.004552 = 1.3656 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 54 @ 0.004551 = 0.2458 BTC [-]
assbot: [MPEX] [S.MPOE] 9450 @ 0.00072609 = 6.8616 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9 BTC [+]
Chaang-Noi: 65 less than 32000 losses in a row... s dice broken?
Chaang-Noi: and i thought my less than 16000 23 losses in a row where bad
smickles: i thought it was a bet, return winnings/loss-indicator
smickles: how would there be withdrawals?
smickles: Chaang-Noi: eh? the first line on that is a win.
Chaang-Noi: smickles but howe many in a row are not? :)
Chaang-Noi: odds are better to win 3 less than 1 in a row
Chaang-Noi: im bored... i need to get a hobby, sad cuz bitcoin was my hobby, then it came my life...
Bowjob: chang we can play tf2 if you have a decent pc
Bowjob: that shit was my drug before bitcoins
Bowjob: i had 1800 hours logged in
smickles: Chaang-Noi: native tf2 on linux now
Chaang-Noi: i did buy like 20 steam games from that steam btc guy
smickles: runs faster than on win, usually
Bowjob: i used to sell hats for paypal back in the day
smickles: *usually as in for most people
Chaang-Noi: i have a windows box set up just for gaming but i dont use it
Bowjob: the most expensive hat in tf2 goes for around 3k USD
Chaang-Noi: from what i understand you have to buy something to get the good stuff
Chaang-Noi: i tried the free game for a while, but never got anything good
Bowjob: gameplay wise, you dont need them really
Bowjob: but people tend to go crazy over them
Chaang-Noi: well... i kinda doubt it is something i could make money at
Bowjob: i sold my backpack for $350 for playing a game
Bowjob: u can make money off of it, but its not enough
BitHub: this website closed down its "selling" side of its services citing, there wasn't enough demand for this
Chaang-Noi: i found a site last night that would let you order anything online using btc
BitHub: their reason is hilarious, pretty sure i know why
Chaang-Noi: the site charged like a 3 or 5$ fee for an order, it was pretty decent price
Chaang-Noi: just have them mail a gift to whomevar
BitHub: i think their anon and privacy stuff
Chaang-Noi: no ssd, this was old mining rigs... i would not have 6990s and 7970s cuz anything else
Chaang-Noi: their names are listed on the main page
BitHub: i know someone on here ballz deep involved
BitHub: i think the guy has done other bitcoin stuff before
Chaang-Noi: if i needed anything i would test it out
Bowjob: bank holiday in cyprus
Chaang-Noi: how long before europe rips apart...? this year?
Chaang-Noi: not sure how they thought taking money from people who keep money is banks was a good diea, people everywhere will just pull out cash, making it crash faster...
Bowjob: they could impose a withrawal limit after the holiday
Chaang-Noi: "According to Reuters news agency, almost half of the depositors in Cyprus are believed to be non-resident Russians. "
Bowjob: im sure cyprus would happily take deposits though
Chaang-Noi: "The point of the levy is to warn lenders to banks that they should take care where they place their funds" so the point is, do not lend money to banks???? wtf
Chaang-Noi: gold and btc... fuck banks and governments
BitHub: i wouldn't bother with gold unless you can get it for 30% below market price
Bowjob: theres this dude who tried to sell 1 oz of gold coin for $25
Chaang-Noi: i bought my gold at $300 to $400 an oz
BitHub: i was too young to appreciate it back then
Chaang-Noi: everyone should ahve 10% atleast of their wealth in gold/silver
BitHub: yep back to asia for that
BitHub: not paying western market prices
Chaang-Noi: gold here in asia is the same price as in the west...
BitHub: not at illegal gold mines
BitHub: well any africa, etc but for me, asia
Chaang-Noi: well im sure you can get a discount but i highly doubt it is worth the travel/risks
BitHub: best to not say anymore but its all sweet
BitHub: you just need the connect
BitHub: been advised to fly to HK airport
BitHub: heard they don't give a F#$@$ there
BitHub: before 97 it was under brittish
BitHub: and they handed it back
Chaang-Noi: do you think china is the kinda place that just does not give a fuck?
BitHub: i dont know but there's people doing it now
BitHub: and its been advised, from lawyers, hk airport is the best, they don't care about gold
BitHub: you can walk in with 1kg in your pocket
Chaang-Noi: flying into hk is about as bad as flying into the usa...
Chaang-Noi: most places will let you bring in gold and or silver in asia...
BitHub: all i know is all the people that smuggling gold out of other countries take it to hk
Chaang-Noi: you might be thinking about vietnam, it is aabout the only place that really limits the trade here
Chaang-Noi: mp, im shocked that guy thinks even jesus can save it...
BitHub: btw hk would have been amazing before 97 me thinks
BitHub: did you get to check it out?
mircea_popescu: well jesus can turn fish into wine and whine into labour so
mircea_popescu: he could supposedly turn 50mn arrogant yet clueless youths into some sort of useful resource.
assbot: Last trade for PPT.E on GLBSE: 0.32 [-]
assbot: Last trade for TYGRR-A on GLBSE:
mircea_popescu: Christos Stylianides, a government spokesman, tried to calm public anger, saying: "The situation is serious but not tragic, there is no reason to panic."
assbot: Last trade for F.GIGA.ETF on MPEX: 0.00000001 [-]
assbot: Last trade for TYGRR-P on TRADE:
assbot: Ah, your hair. Your hair is soft. It's like a girl's. Now how do you get it that way?
assbot: It says some pelt-wearin' trapper, some stinkin' bean-suckin' possum skinner, he's gonna collect that reward money.
assbot: It's so strange that you don't remember any of your poetry.
assbot: Last trade for GIGAMINING on GLBSE: 0.56515 [+]
assbot: Last trade for YABMC on GLBSE: 0.0769 [+]
Chaang-Noi: is this cuz he delisted my stuff before glbse closed?
assbot: Last trade for S.BBET on MPEX: 0.002014 [+]
assbot: Shit. You ain't even old enough to smoke.
assbot: Stupid fucking white man.
assbot: Good morning, may you serve the Lord, and may His holy dominion guide you through your dismal life.
Chaang-Noi: assbot called me stupid when i was being stupid.. :)
Chaang-Noi: ltc, why are you not over $1` yet.. and BTC why not over $50 yet....
assbot: Are you sure you have no tobacco?
assbot: Last trade for TYGRR.BOND-B on GLBSE: 0.1 [-]
kakobrekla: Chaang-Noi doesnt even know its own ticker :p
Bowjob: chang u have 200k LTC?
assbot: [HAVELOCK:SDICE] 1D: 0.51000000 / 0.5145676 / 0.54000000 (177 shares, 91.07846527 BTC), 7D: 0.50030000 / 0.54542883 / 0.61999910 (1272 shares, 693.78546779 BTC), 30D: 0.37000000 / 0.6066357 / 0.75900000 (5798 shares, 3517.27376851 BTC)
Chaang-Noi: bowjob btc-e is fine, go tell them to whitelist your ip
Chaang-Noi: iv not used my tickers in a long time :/
Chaang-Noi: #litecoin-markets and yes i can log in
assbot: You know, I've had it up to here with this Indian malarkey.
assbot: Your actions are useless.
assbot: no, im a donky fucker.
Namworld: assbot has too many jokes built inside
assbot: its not too many if it fits in.
Namworld: I guess I'm not around when MPEx is getting volume. I see good daily volume but I hardly notice as many trades as before.
Chaang-Noi: fuck, im not even going to try and type anymore...
Namworld: When you can't succeed... quit
Namworld: that and daily volume on specifics
mircea_popescu: but... daily average volume is the daily average volume, not the day's volume.
mircea_popescu: like 50k worth of trade happened in one day back in feb iirc
Namworld: Trades today and daily average. Seems the month is going well.
Namworld: Considering there was a DDoS preventing most of trades for a time, I'd say it's going well.
Namworld: It seemed like there was less trading than usual. Took some time for people to find and start using alternatives.
assbot: !t / !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !l / !last <exchange> <ticker> (desc: returns last trade values, supported: MPEX, HAVELOCK, BTCTCO)
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
mircea_popescu: Alan, a British expatriate saver in Cyprus, told BBC News: "This is robbery and we must get the EU to stop this.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16799 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.425 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00511 BTC [+]
assbot: [BTCTC] [GSDPT] 99 @ 0.00511 = 0.5059 BTC [+]
Chaang-Noi: im shocked people ever trusted banks... its their own damn falt
Chaang-Noi: give someone all your money... not get 1005 back... lol
assbot: [MPEX] [S.MPOE] 2378 @ 0.00072609 = 1.7266 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.345 BTC [+]
Chaang-Noi: i want to short everything but asicminer
Chaang-Noi: and sooner or later, maybe asicminer too :)
assbot: [BTCTC] [COGNITIVE] 1 @ 0.168 BTC [+]
Namworld: If they keep rolling out better ASICs chips regularly, might not be ever needed.
Chaang-Noi: iv quit selling, im going to wait until it gets 1.5 btc to sell more
Chaang-Noi: i sold ltc, that should give me enough beer money for a while
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.425 BTC [+]
pigeons: does bitbet have any awards we can trust from fully articlated lorries carrying fleshy sweet stone fruits?
assbot: [BTCTC] [BTC-BOND] 12 @ 0.01 = 0.12 BTC [+]
pigeons: i just might join the fan club
kakobrekla: i remember an old game we played on 486 i think ... somethink like 'milkman'
pigeons: maybe it needed the turbo button pressed
pigeons: ;;google reid fleming world toughest milkman
Chaang-Noi: No! While some have claimed that, milk was always honest.
pigeons: neither was reid back in the day
assbot: [HAVELOCK] [HIM] 7 @ 2 = 14 BTC [+]
assbot: Last trade for HIM on HAVELOCK: 2 [+]
nanotube: kakobrekla: hey, might i ask that you add either to topic or to the website something to the effect of "anything you say may be publicly logged."
nanotube: yes, mircea_popescu makes it a regular habit to quote irc conversations. :)
assbot: Last trade for BTC-BOND on BTCTC at 0.01 BTC [+]
kakobrekla: hm i thought this was a public place and such things are expected
dub: afaik its actually against freenode tos
nanotube: nothing wrong with that, it is a public channel, but freenode guidelines suggest to put it in topic.
dub: unless explicitly stated
pigeons: well on freenode its expected it will be noted in the topic
kakobrekla: >- anything you say is public and can be used by anyone
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.004551 = 0.0228 BTC [-]
assbot: [BTCTC] [GSDPT] 3 @ 0.00441 = 0.0132 BTC [-]
assbot: [BTCTC] [GSDPT] 800 @ 0.004301 = 3.4408 BTC [-]
assbot: [BTCTC] [GSDPT] 10 @ 0.0042 = 0.042 BTC [-]
assbot: Last price for GSDPT on BTCTC was 0.0042 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.00409 BTC [-]
assbot: Last trade for GSDPT on BTCTC was at 0.00409 BTC [-]
assbot: [BTCTC] [GSDPT] 300 @ 0.004001 = 1.2003 BTC [-]
assbot: [BTCTC] [GSDPT] 29 @ 0.003501 = 0.1015 BTC [-]
Chaang-Noi: i now have $12,000 usd fiat... what to buy? hmmmm more ltc?
assbot: [MPEX] [S.MPOE] 14858 @ 0.00071579 = 10.6352 BTC [-]
assbot: [MPEX] [S.MPOE] 3861 @ 0.00071579 = 2.7637 BTC [-]
mircea_popescu: i only read newspaprs after keeping them around for 6-18 months
mircea_popescu: "The people who have made the most are the early adopters who got in at the beginning and stayed with it," says Bruce Wagner, an IT expert who spotted Bitcoin in 2010
thestringpuller: mircea_popescu: The people who made the most are people who run option emporiums...I wonder who that could be :P
mircea_popescu: thestringpuller i didn't make the most, i just lost the least.
Diablo-D3: wouldn't bitcoins be worth infinite money if
Diablo-D3: it was the first currency that made it to mars?
Diablo-D3: mircea_popescu: no, that just causes a ground fault and blows the caps
Chaang-Noi: infinite money, if it went to a palce where their is no need for money??
assbot: [MPEX] [S.MPOE] 11355 @ 0.00071243 = 8.0896 BTC [-]
assbot: [MPEX] [S.MPOE] 21421 @ 0.00071579 = 15.3329 BTC [+]
assbot: [MPEX] [S.MPOE] 16554 @ 0.00071243 = 11.7936 BTC [-]
assbot: [MPEX] [S.MPOE] 4879 @ 0.00071711 = 3.4988 BTC [+]
assbot: [MPEX] [S.DICE] 71 @ 0.00530736 = 0.3768 BTC [-]
assbot: [MPEX] [S.DICE] 1229 @ 0.0051998 = 6.3906 BTC [-]
Chaang-Noi: You don't have permission to access /dtng/c/src/136349922034.png on this server.
Chaang-Noi: Additionally, a 403 Forbidden error was encountered while trying to use an ErrorDocument to handle the request.
Chaang-Noi: i have visited maybe 5 times in my life
assbot: [BTCTC] [SYNERGY] 1 @ 0.02101 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.02101 BTC [+]
assbot: [BTCTC] [SYNERGY] 10 @ 0.021001 = 0.21 BTC [-]
assbot: [BTCTC] [SYNERGY] 2 @ 0.02 = 0.04 BTC [-]
assbot: [BTCTC] [SYNERGY] 2 @ 0.015 = 0.03 BTC [-]
assbot: [MPEX] [S.MPOE] 10888 @ 0.00071029 = 7.7336 BTC [-]
assbot: [MPEX] [S.MPOE] 2567 @ 0.00071151 = 1.8264 BTC [+]
assbot: [MPEX] [S.MPOE] 3183 @ 0.00071848 = 2.2869 BTC [+]
Ukto: did i miss anytihng big
Bowjob: BTC-E hysteria over :TC
ThickAsThieves: i think everyone (including myself a little) ran out of money buying in during the wave
Bowjob: not to sure, I'll pick some up at 0.9 maybe
ThickAsThieves: and now everyone is juust waiting for it to be worth enough to sell off
ThickAsThieves: atlantis looked okay, but i havent gone in to see if they have a market goin in there yet or what
Bowjob: then went to 0.01 next time i saw
Ukto: you can trade ltc on BF
ThickAsThieves: ukto i think once you get those couple updates on the ltc page, people will
assbot: [BTCTC] [ASICMINER-PT] 31 @ 0.9 = 27.9 BTC [+]
Bowjob: you may have watched it.. but interesting!
ZedsterX: I have actuially met Greg raymer guess he needs a little too
FabianB_: smickles: i'm fine with the new vwap, only using the pastebin one programmatically
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.9 = 6.3 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.07 BTC [+]
Ukto: options trading now live on bitfunder
assbot: [BTCTC] [PAJKA.BOND] 32 @ 0.105 = 3.36 BTC [+]
assbot: [HAVELOCK] [KCIM] 2 @ 1.07 = 2.14 BTC [+]
bowjob: fking btce not working
Ukto: just trade on BF :P
Ukto: now that options tading is live it will get more attention
Ukto: the world is ending, bitcoin is good
Ukto: one extreme to the other. :P
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9 BTC [+]
assbot: [MPEX] [S.MPOE] 15700 @ 0.00072609 = 11.3996 BTC [+]
DeaDTerra: anyone else getting this message "Unrecognized signature. Please email your public key first."
DeaDTerra: when trying to execute orders to MPEX?
FabianB_: are you using the right key (no subkey)?
DeaDTerra: the only thing I have changed is the key I use to encrypt
DeaDTerra: I followed the FAQ, I guess it's not up to date
DeaDTerra: "If you wish you may encrypt your key first, use Mircea Popescu's key (gpg --encrypt --armor -r 2FB7B452 also gpg --search-keys "2FB7B452" if gpg complains about not having the key). This will ensure higher anonymity if it justifies the effort for you.
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.9 = 4.5 BTC [+]
assbot: [MPEX] [S.DICE] 2361 @ 0.005 = 11.805 BTC [-]
assbot: [MPEX] [S.DICE] 6439 @ 0.005 = 32.195 BTC [-]
assbot: [MPEX] [S.BBET] 300 @ 0.0015 = 0.45 BTC [-]
bowjob: squall got scammed by this dude
bowjob: with lots of apparent rep
assbot: [MPEX] [S.DICE] 13561 @ 0.005 = 67.805 BTC [-]
jurov: why so many ppl think best way to invest btc is loan it out?
mircea_popescu: jurov why so many ppl think the way to get laid is to trick some chick into it ?
knotwork: Yes FellowTravelerlowTraveler publishes howto along those lines
knotwork: Yes FellowTraveler publishes howto along those lines
knotwork: hmm it isnt mentioned in his bio on monetas site so not sure where the link to it is
knotwork: ot sure if the seminars he flies around to are on same topic or something else
knotwork: The "Chris has seven years of hands-on experience as co-owner and executive of an industry-leading global ecommerce business" might be it, e-commerce as in e-book sales
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.9 = 2.7 BTC [+]
vampireb: the trick is to get the girl to think that she's tricking you
vampireb: ship? probably in a week or so
assbot: [BTCTC] [COGNITIVE] 1 @ 0.171 BTC [+]
assbot: [BTCTC] [SYNERGY] 4 @ 0.022001 = 0.088 BTC [+]
smickles: mircea_popescu: i just decided to release the gui w/o platform specific packaging
assbot: [HAVELOCK] [HIM] 1 @ 1.9 BTC [-]
smickles: it means that people have to install the requirements first
jurov: smickles, buttons to buy 250k, 750k, 1m shares are missing!
smickles: mircea_popescu: why? because i didn't code the thing in C, and I used libraries
Namworld: python doesn't work on my windows 7
Namworld: I tried idk how many times to get it to work without success.
assbot: [MPEX] [S.DICE] 200 @ 0.0051 = 1.02 BTC [+]
assbot: [MPEX] [S.DICE] 50 @ 0.0051 = 0.255 BTC [+]
jurov: smickles, just make a small linux vm :D
smickles: well, basically, there is a good product now, so I'm putting it out there. As time goes on, I'll develop it further, including per platform packaging
smickles: mircea_popescu: there will be pork in the minecraft version
jurov: how many licenses sold so far?
gribble: Time since last block: 1 minute and 22 seconds
smickles: jurov: in the 10 min since launch? no confirmed sales yet
bgupta: So was looking at trading in AM, and it seems their marketcap is ~16-17 million USD? (Using 400,000 shares)
bgupta: seems a bit high considering the uncertainty.. however, it could work out for shareholders if AM can keep their advantage for a little longer than expected. (BFL shipping in volume is the big question mark I guess.)
jurov: oh this remind me i wanted to short am via bf options
jurov: yea, bitfunder has options nao
jurov: pity that ukto is "outta here"
bgupta: jurov. I don't think you can sell naked calls, can you?
jurov: i have to wrap my head around them first. maybe i'll buy puts instead
mircea_popescu: jurov if there's no market making on the options tho...
jurov: there are already some offers, but not much
mircea_popescu: you know, it's very funny. all these idiots were like "o, s.mpoe price is not real!!!111" and yet you can borrow 100mn shares right now if you have the credit
mircea_popescu: on the other hand i'd like to borrow 100k asicminer shares and there's no way to do it, all the total volume for the month is like 1k btc which is what bitbet does ffs
mircea_popescu: no idea about anything whatsoever, from devteam to the newest forum member, virtually all clueless as rocks.
bgupta: you'd like to borrow 50% of the outstanding (tradable shares)?? Good luck with that.
mircea_popescu: bgupta irl i can do that on plenty shitty 20mn venture by monday morning.
mircea_popescu: sure, i can't borrow 1/4 of google float, but that is BECAUSE I DONT HAVE THE CREDIT
mircea_popescu: (and for the record, unlike mpex where the book is actually kept, you have no idea if asicminer sold 400k or 600k or 1.2mn shares in total)
bgupta: I'm guessing one would want to be a bit careful shorting something like AM since you'd be on the hook for paying the btc dividends for the shares you shorted.
Anduck: whats the best way to get btc value
smickles: Anduck: that is the vwap of all exchanges on bitcoincharts
Anduck: and i would like the most accurate price
Anduck: but i think some avg price is better
mircea_popescu: if you're looking for "least likely to be unfair to either party on the long term" price, then i'd go with the 24hour all-exchange vwap
Anduck: which is better, vwap or 24h avg?
smickles: if you think mpex is a good model, it uses bc,24hprc
mircea_popescu: if you're looking for somethingelse then it'd depend on what you;re looking for
Anduck: i'll go with that 24hour vwap, for start mtgox only
mircea_popescu: past 3 days together comes to like... 20% of chainfork day
smickles: jez, the next volumeous competitior is >10% in size
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1977 BTC [-]
assbot: [BTCTC] [COGNITIVE] 10 @ 0.1978 = 1.978 BTC [+]
smickles: there's peeps who have a script that compares losses to fees earned since then, iirc
jurov: Kernel panic - not syncing: grsec: halting the system due to suspicious kernel crash caused by root
jurov: so it came to my own machines being paranoid
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34999 = 0.7 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 37 @ 0.105 = 3.885 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 58 @ 0.105 = 6.09 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.000709 = 0.0014 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 4 @ 0.00071 = 0.0028 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 130 @ 0.00071 = 0.0923 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.88875 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.889 = 6.223 BTC [+]
gribble: BTCUSD ticker | Best bid: 47.27501, Best ask: 47.35000, Bid-ask spread: 0.07499, Last trade: 47.35000, 24 hour volume: 13728.98363142, 24 hour low: 46.80000, 24 hour high: 47.74000, 24 hour vwap: 47.39847
assbot: [BTCTC] [BTC-BOND] 2 @ 0.01 = 0.02 BTC [+]
assbot: [BTCTC] [GSDPT] 87 @ 0.00499 = 0.4341 BTC [+]
mircea_popescu: ;;everify freenode:#bitcoin-otc:c2e04fad23533e2662e326e340ebc54476309fe6d0d7781aceab3d44
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
mircea_popescu: ;;buy 1 "$100 Trader Joe's Gift Certificate" at 2.2 BTC
gribble: Error: "order" is not a valid command.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.889 BTC [+]
gribble: #14061 Sun Mar 17 16:24:47 2013 mircea_popescu BUY 1.0 $100 Trader Joe's Gift Certificate @ 2.2 BTC (None)
Anduck: why dont u do it urself..?
mircea_popescu: in other news, piuk is moving blockchain towards a proxy model. GOOD.
pizzaman1337: does he mention that on the forums somewhere? have a link?
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
pizzaman1337: why blue and black for buttons? it doesn't really fit
Bugpowder: Blue and Black buttons are terrible.
GoWest: ooh I didn't know this channel existed. Awesome.
Bugpowder: whereas the current "Welcome to MPEx" looks clean
Anduck: sorry but it looks like it's from the 90s
Bugpowder: GoWest: You have been running your blog and twitter for how long and didn't know this channel existed?
Bugpowder: This is were all the real shit in BTC finance goes down
mircea_popescu: Bugpowder you apparently also missed the memo on the gift horse mouthlooking.
Bugpowder: I don't need to read moar btctalk, must read less
Bugpowder: Anyway, besides those two issues with the coffee formatting, it looks good
Bugpowder: have a different one lined up for next week
Bugpowder: In sell mode for 2 days, including dinner
benkay: meh, jurov, i just wanted to look at it
GoWest: Hey guys, buy some ZigGap. =)
Bugpowder: GoWest: are you involved with that?
mircea_popescu: i always say, dude, shareholders are the best advertising you'll ever get.
GoWest: It really seems to have stagnated, though I think the company has potential. They keep running out of Bitcoins, so obviously business is brisk.
Bugpowder: everyone that is selling, is running out
mircea_popescu: GoWest you know, if the donut shop always runs out of donuts i don't conclude trade is brisk
Bugpowder: local poker cash game min buyin is $100 or 2BTC.
GoWest: You're right, I don't know their volume numbers.
mircea_popescu: Bugpowder i passed going to a shoot to be here with you all, so...
assbot: [MPEX] [S.DICE] 350 @ 0.004501 = 1.5754 BTC [-]
GoWest: assbot doesn't support BitFunder?
benkay: and lord, on second thought, why?
benkay: i had my first 4-way last wee
benkay: but i am stupid curious about your life, mp
benkay: there was a fifth wheel who limped off to bed though
mircea_popescu: you know, like most bar hopping has a designated driver
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.105 = 1.05 BTC [+]
benkay: mircae_popsescu, what's your background?
benkay: "Set in a wasteland enclosed by a large white wall, the last survivor from a brutal child internment camp reluctantly takes on one final bounty hunting job to protect the idyllic life he has rebuilt."
bgupta: Jeez, anyone heard the news from Cyprus?
benkay: by innernet standards.
benkay: cubeworld won't figure it out until monday.
dub: that shit is sooo last minute
bgupta: wasn't sure, as it wasn't mentioned in channel.
benkay: or indecipherable ulterior motives
assbot: [MPEX] [S.MPOE] 20600 @ 0.00074371 = 15.3204 BTC [+]
benkay: many things go unspoken here
assbot: [MPEX] [S.MPOE] 5596 @ 0.00074387 = 4.1627 BTC [+]
dub: bgupta: theres been a few references to getting cyprus'd or 'doing a cyprus'
Bugpowder: You mean the news that they are going with a 13.5/3.5% split now?
bgupta: Seems that the majority of Cyriot bank deposits are held by wealthy russians who use Cyprus as a convenient place to park money in the eurozone.
mircea_popescu: Bugpowder the thing is, the germans fucked up their eastern europe support by allying with the russians
mircea_popescu: (such as, the no visa thing, the romania schengen thingetc)
mircea_popescu: and now just fucked their future with russia on this move.
mircea_popescu: i've not seen more inept foreign policy since the bush days.
Bugpowder: Ah, I am not up to date on Romania EU unity politics
Bugpowder: I thought that was the netherlands or something
mircea_popescu: well you can imagine how pissy the ukrainians were when the eu decided russians don't need visas
Bugpowder: Come prop up our real estate market?
mircea_popescu: gotta love that country, told the us + the eu to fuck off and has the bombshells to prove it.
mircea_popescu: plus, you should see the sort of cunt walking on two feet over hilly belgrade.
assbot: [MPEX] [S.MPOE] 8604 @ 0.00074387 = 6.4003 BTC [+]
assbot: [MPEX] [S.MPOE] 11000 @ 0.0007441 = 8.1851 BTC [+]
assbot: [MPEX] [S.MPOE] 7296 @ 0.00075195 = 5.4862 BTC [+]
Bugpowder: How many days will this holiday go on... Time to buy Treasuries again
mircea_popescu: Bugpowder when the queen invented a holiday at the request of nixon
Bugpowder: If they really want to fuck russian oligarchs, just let the Cyprus banks blow
Bugpowder: bailout UK and EU people who have funds there
mircea_popescu: im telling you. if you imagine "russian oligarchs" are sepparate from the russian govt... you're nuts.
mircea_popescu: this is first line infiltration on their part, just like the chinese do in africa.
Bugpowder: zerohedge is having a field day with this shit.
benkay: big red volume bar implies sale, correct?
benkay: how does big sale lead to large price movement up?
Bugpowder: Say you have a wall of 5,000 ask at 47.50
Bugpowder: they finally get antsy, and pull the wall and sell all 5,000 as a market order
Bugpowder: all the bids and asks between 47.3 and 47.5 are wiped out
Bugpowder: so if the next person that makes a trade wants to buy, the price goes up quickly above 47.5
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.888725 = 1.7775 BTC [-]
benkay: thank you, bug powder.
mircea_popescu: red bar just means price closed lower than opened really.
benkay: on candlestick, right? true also for volume bar?
benkay: that would only happen on a sale, though, correct?
benkay: as in filling buy orders
Bugpowder: if there is a lot of liquidity and high volumes of trading, its more likely to happen on a sale
Bugpowder: the bid and ask could also drift lower since the previous sale, in tandem, and then the next trade would be red regardless
Bugpowder: of if its a bid or ask getting hit
benkay: different question, do any traders on MPEx get priority in clearing orders?
Bugpowder: That is more common on MPEX than on MTGOX due to the greater number of trades
Bugpowder: have an easier time than those that cut and paste into the webpage
assbot: [BTCTC] [PAJKA.BOND] 32 @ 0.105 = 3.36 BTC [+]
benkay: thanks. i've been reading macmillan and came across that artifact of bygone years.
assbot: [BTCTC] [PAJKA.BOND] 50 @ 0.105 = 5.25 BTC [+]
Bugpowder: in the us market, be it as a whisper to the trading desk, or as a router thats has lower latency to the trading engine
assbot: [BTCTC] [PAJKA.BOND] 30 @ 0.105 = 3.15 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 20 @ 0.10999 = 2.1998 BTC [+]
dub: wait that shit is real?
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.2656 = 0.5312 BTC [-]
kakobrekla: goes from about 16% gain to 3% at the end
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.105 = 0.525 BTC [-]
kakobrekla: one can always argue that is not "fair enough"
mircea_popescu: but as long as it's argued from both sides you know it's exactly fair
mircea_popescu: basically, bitbet march is like jan + feb x5 or some shit
assbot: [BTCTC] [PAJKA.BOND] 6 @ 0.105 = 0.63 BTC [-]
Bugpowder: "I'm thinking your 'NO' vote was probably a mistake,"
mircea_popescu: it doesn't make anyone any better, it just gives idiots more ways to manifest.
Bugpowder: how many of the 1000 shares are actually backed by silver, and not vaguely silver related 'investment vehicles' run by the least competent fund manager that does not yet have a scammer tag?
kakobrekla: another round of those would be needed yeah
benkay: hey i have a skateboard
benkay: i can has bitvestments?
benkay: can back securities with dog?
mircea_popescu: actually... from a strict nominalist perspective, "Dog on a Skateboard" ins't a bad name for a fund at all.
mircea_popescu: just as long as the person coming up with the name doesn't run it
benkay: but that would be a distraction from creating value
Bugpowder: ziggap is looking like it was a great investment
assbot: I thought I told you not to touch me.
mircea_popescu: well... that's how far that went, im too lazy to go look
pigeons: delusional over-leveraged psycho fiat biz
assbot: [MPEX] [S.MPOE] 2150 @ 0.00074077 = 1.5927 BTC [-]
assbot: [MPEX] [S.MPOE] 9716 @ 0.0007371 = 7.1617 BTC [-]
assbot: [MPEX] [S.MPOE] 5833 @ 0.00072579 = 4.2335 BTC [-]
assbot: [MPEX] [S.MPOE] 10618 @ 0.00072578 = 7.7063 BTC [-]
assbot: [MPEX] [S.MPOE] 4449 @ 0.00072021 = 3.2042 BTC [-]
benkay: bitcoin community is like 5 nines of idiot followers
benkay: and the e-whatever of people who aren't are like "fuck leading these idiots"
benkay: "let's take their money"
benkay: and some miserably small fraction left over is like "you guise lets build awesome post fiat systems o wait nobody cares"
mircea_popescu: ya well... this is an artefact of the utter failure of english culture.
mircea_popescu: when you tell every imbecile that they're good as they are and valuable for existing
benkay: i thought that was a particular hallmark of american culture
mircea_popescu: all you can possibly get is a pointless mass of people only usefull for making salami
mircea_popescu: nah, the english speaking world is pretty much similarly stupid.
benkay: what parts of the world don't suck in this way?
mircea_popescu: be it the us or the commonwealth, this fundamental error of thinking that you are born human rather than become human.
mircea_popescu: pretty much all its enemies. the arabs, for instance. the russians, for another instance.
pigeons: dogs are traditionaly very poor skateboarderes
benkay: they're relatively easy to motivate
benkay: i considered training dogs as a hobby
benkay: read the way i wrote it, i consider things as a hobby
jborkl: tu.silver having a problem?,no fucking way.the world is ending on that news
mircea_popescu: not really a problem, we were just poking fun at the usagi character
BitHub: i thought something happened to tu.silver
jborkl: usagi fund losing value? nothing that earth shattering since glbse
assbot: Last trade for CPA on GLBSE was at 0.014 BTC [-]
kakobrekla: but mircea_popescu must be around date glbse closed
dub: 18-07-12-20:49<assbot> [GLBSE] [CPA] 1 @ 0.1013 BTC
mircea_popescu: dude people were giving Diablo-D3 a real hard time, but there's better examples of glbse-ness
assbot: Last trade for DMC on GLBSE was at 0.0666 BTC [-]
Diablo-D3: kakobrekla: not at all, price is heading back up
Diablo-D3: people are finally realizing I was right all along
assbot: Your actions are useless.
dub: fuckin skynet right thar
pigeons: and no goxgame times out for me
mircea_popescu: pigeons me too. it's some sort of i dunno what play daytrading puppet made
Diablo-D3: mircea_popescu: whats wrong with bf?
Bugpowder: my mtgox withdrawl is maxed for the month
Bugpowder: just waiting for the rest of the funds to disappear into a coinlab clusterfuck
dub: has gox sent any comms around this?
dub: I haven't seen an email or notification on teh site
benkay: gox sold their us order book to a new york company, diablo-d3
pigeons: Diablo-D3: gox won't serve us/canada
Diablo-D3: benkay: glad I pulled out of mtgox then
dub: so they are dropping USD and CAD?
Bugpowder: What was stupid was that I got verified, but didn't choose 50k as my max limit
pigeons: i just donated my balance to them i can't satisfy their id requirements despite being well under limits
Bugpowder: because I thought I'd never need it
Diablo-D3: mircea_popescu: they will hold your ENTIRE balance if you dont ID on request
pigeons: i mean i dont have prood of residency
benkay: here's a crazy question
assbot: I thought I told you not to touch me.
gribble: BTCUSD ticker | Best bid: 47.46030, Best ask: 47.68000, Bid-ask spread: 0.21970, Last trade: 47.46029, 24 hour volume: 16140.79342397, 24 hour low: 46.80000, 24 hour high: 47.74700, 24 hour vwap: 47.43876
pigeons: i live in a van down by the river
pigeons: utility bills from a rescidnce
benkay: is it possible to perform a 51% attack and change the number of bitcoins that will ever be in circulation?
pigeons: i have plenty of addresses but they all have utilities included in the payments
Diablo-D3: benkay: because bitcoins are only generated with gen tx
Diablo-D3: and block depth sets the rewards for those
Diablo-D3: pigeons: so what about a bank statement
pigeons: nope you need that too, but you also need a utility bill, and not one i pay for the office, for a residence
mircea_popescu: i seriously can't believe the sort of shit people in the united soviets have to put up with.
Diablo-D3: so tell him everything is included in the rent and he must comply with US Federal law
pigeons: and your supposed to only need those when you hit certain limits, except when you don't
Diablo-D3: mircea_popescu: well that isn't it, he's pulling out of the US because people are pressuring him to comply with the law
pigeons: fuck it i dont care i just havent used them since, about a year now
Bugpowder: Round 2 "There's really no reason to vote NO on any of my securities."
Diablo-D3: mircea_popescu: thats all they're required to ask for
pigeons: i treid to get my funds out again recently when i heard about coinlab, but same issue
Diablo-D3: mircea_popescu: unless there is a federal investigation and the bank is proxying for it, they cant ask you for anything else
Diablo-D3: mircea_popescu: and thats per the PATRIOT act
Diablo-D3: pigeons: yes, because mtgox is not a bank
pigeons: that's the main reason the fake utility bills are sold on silk road
Diablo-D3: mircea_popescu: doesnt matter. us customers, us currency, they must comply with the law
mircea_popescu: pigeons i was thinking, how hard can it be to fake one
Diablo-D3: mircea_popescu: this is why hes pulling out
mircea_popescu: Diablo-D3 yes, this is exactly the point. us citizens are becoming the underserved inhabitants of a financial ghetto.
pigeons: yeah woulod seem a lot of work to call each utility company and verify you didnt just change the name and address or date from an old one
Diablo-D3: mircea_popescu: yes, and this is why we invented bitcoin in the first place
Diablo-D3: what everyone should do is just blacklist mtgox and label all mtgox employees with scammer tags on the forums
mircea_popescu: Diablo-D3 well... the one positive step forward is if we could move off the mtgox-based usd price to a community fixing price.
Diablo-D3: mircea_popescu: well, I dont get why the fuck we're even measuring in USD
Diablo-D3: we should be measuring it in ounces of gold.
Diablo-D3: I want it measured in ounces of gold.
mircea_popescu: for as long as you intend to allow scripslaves to get on the wagon
pigeons: i imagine people will still want to trade usd for bitcoins after coinlab, but i doubt they will use coinlab long
BitHub: do you only have gold?
Diablo-D3: i can hold gold in my hand, I can't hold usd in my hand, I get some fictional make believe piece of paper instead
BitHub: going to the store and buying stuff with cash is more real than buying it with gold
Diablo-D3: the government can devalue your USD at any time
kakobrekla: interesting that same thing is being discussed for the fifth time in like a week.
Diablo-D3: its not even good as toliet paper, I've tried
BitHub: oh you mean by like doing a forking?
BitHub: the dev's, mtgox can devalue bitcoin at any time
pigeons: im gonna try that toliet paper trick
vampireb: banks can asky for anythign they want
kakobrekla: well not the gold part cause that is stupid
BitHub: i was reading that the price on mtgox was suppose to crash once but mtgox halted and it and ignored it trying to avoid a meltdown
BitHub: talk about manipulation
Diablo-D3: yeah, thats why I pulled my btc out
Diablo-D3: I was going to sell more soon as we went past $50
tiberiusiv: bithub: too bad there is 4-5 other exchangs to reference price
gribble: BTCUSD ticker | Best bid: 47.45136, Best ask: 47.75000, Bid-ask spread: 0.29864, Last trade: 47.75000, 24 hour volume: 16460.01280008, 24 hour low: 46.80000, 24 hour high: 47.75000, 24 hour vwap: 47.44219
Bugpowder: Let's not confuse "mtgox's trading engine blows" with "mtgox is propping up the price by slowing orders"
Diablo-D3: I think gribble needs to pull best bid and ask from all exchanges
Diablo-D3: and the same with the rest of the numbers
pigeons: well it isnt apples to apples
pigeons: goxusd is not the same as btce usd
Diablo-D3: I can pull btc out of mtgox and then put it in btce and make the transaction
Bugpowder: MPOE has a different risk profile than S.DICE
Bugpowder: BTCe has a different risk profile than MTgox
jborkl: well,my asshole was going to implode once ,but my stomach stopped it.my asshole said thanks that was going to be bad for evveryone
BitHub: we need like a temple, and sacrifice a virgin every morning and ask the Satoshi Gods to name their price for the day
Bugpowder: Is a dollar at bitfloor = a dollar at mtgox?
vampireb: BTCe is in Russia. so yea it's different
Diablo-D3: BitHub: well, Im seriously considering starting a religion
vampireb: 3 different profiles completely
pigeons: a bird in the hand is worth 2 in your bush
Diablo-D3: vampireb: all I'm hearing is "trust no exchange"
BitHub: i'm doing a bitcoin political party and religion under the same branch
Diablo-D3: BitHub: religion and politics should never mix
BitHub: they mix well when acting as a sheild or bucket
BitHub: it makes sense to mix the two together
tiberiusiv: low trading volume for a few days already
Bugpowder: who wants to deposit into mtgox when on Mar 22nd you can deposit to coinlab....
assbot: [HAVELOCK] [SDICE] 2 @ 0.54 = 1.08 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8885 = 8.885 BTC [-]
BitHub: deposit into coinlab and face never ending problems
BitHub: once coinlab is done bending you over, hello irs
benkay: it's for the rest of the world
Bugpowder: ALthough I will forcefully argue that it should be considered a longterm capital gain
benkay: poor silicon valley entrepreneurs don't get it
benkay: although ten years from now this country will be all "wtf bitcoins? i thought that was a scam…"
kakobrekla: benkay imma gonna start charging for that, cause of all the cleaning up i have to do afterwards.
benkay: serfs are supposed to be gratis
Bugpowder: usagi, I think you are needed in Cyprus for this confiscation vote
pigeons: good news usagi, silver down
Bugpowder: Just tell the people "I'm thinking your 'NO' vote was probably a mistake"
Bugpowder: but yeah, cyprus is presumably bullish for silver
assbot: Last trade for BMF on GLBSE was at 0.45999999 BTC [+]
kakobrekla: Urdă is a Romanian fresh white cheese made by reprocessing the whey drained from cheeses such as caş or telemea.
mircea_popescu: <pigeons> citation needed << he prolly means the hack 1 cent per btc episode mid 2011
mircea_popescu: kakobrekla it's not really made out of whey, but it is the queen of soft sweet cheeses
assbot: Last trade for COGNITIVE on GLBSE was at 0.575 BTC [-]
assbot: [MPEX] [S.MPOE] 11863 @ 0.00072006 = 8.5421 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8884 = 2.6652 BTC [-]
mircea_popescu: sooo... btc deposited at mpex public address over 100k.
Namworld: I thought it already went over that before.
Bugpowder: Time Between Blocks 6.79 (minutes)
Bugpowder: mircea_popescu: You mean 100k TOTAL CURRENT DEPOSITS?!?
mircea_popescu: Bugpowder no i mean, just 1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx excluding 1JPvucRfu3ZzEvfBUQTJwsxMrZjeTqD6zR etc
Bugpowder: cause if you control more than 100k BTC
gribble: Current Blocks: 226473 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1334 blocks | Next Difficulty In About: 6 days, 7 hours, 1 minute, and 7 seconds | Next Difficulty Estimate: 6149093.71363 | Estimated Percent Change: 26.84697
smickles: Bugpowder: he prolly won't run so long as btc < s.mpoe value
Bugpowder: I thought you had ~ $5MM and 50-100k BTC
Diablo-D3: mircea_popescu: do we have a bitcoin lawyer yet?
Diablo-D3: someone whos good at business law and shit
Diablo-D3: mircea_popescu: which is expensive. meh.
Bugpowder: A decent associate is around $300 / hr
Diablo-D3: like, if I want to issue those corporate bonds, I'm going to need a lawyer
Bugpowder: you could get by with a lower level of lawyer then
assbot: [MPEX] [S.MPOE] 4500 @ 0.00071767 = 3.2295 BTC [-]
mircea_popescu: Bugpowder the problem is that in a field like "i wanna issue btc bonds" the opinion of a lawyer that makes 60k a month
Diablo-D3: mircea_popescu: the point if they're btc or not doesn't matter
mircea_popescu: Diablo-D3 here's a tip : if you live in a smallish town see who your town used to advise on their bonds
mircea_popescu: and go by their offices dressed nicely and being polite and ask
Bugpowder: You can get people that know how to do paperwork for you for cheap
Diablo-D3: mircea_popescu: how would I find that out?
mircea_popescu: Diablo-D3 it's published somewhere, but you'll have to go digging
Diablo-D3: mircea_popescu: why do you think my town issued bonds anyhow?
Diablo-D3: Bugpowder: fuck legalzoom, that shit is a scam
Diablo-D3: mircea_popescu: my town is old enough that it was here before 1776
Diablo-D3: legalzoom is in trouble in multiple states
smickles: no need for legal zoom to be a scam, there's a big market for that service
Bugpowder: Diablo-D3: have they ever finanaced any infrastructure improvements?
Diablo-D3: iirc for practicing law in those states without having a lawyer from those states on staff
Diablo-D3: and like, the high school they built like 15 years ago was all done with federal grants
Diablo-D3: mircea_popescu: yeah, but who buys the bonds? where does the city's income come from?
smickles: Diablo-D3: you're describing the typical american town
mircea_popescu: and usually pension funds buy some sort of derivative off the bonds
Diablo-D3: mircea_popescu: town doesnt collect taxes though
Diablo-D3: smickles: well, I'm trying to figure out how much its going to cost to get this shit off the ground
mircea_popescu: it's a town witout revenue ? how does it pay fo the mayor/town administrator
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.85 = 1.7 BTC [-]
Diablo-D3: mircea_popescu: I dunno, how DO towns collect taxes?
Diablo-D3: ahh, I dont pay for either of those
Diablo-D3: and Im not taxed directly for power, so its on my bill somewhere
mircea_popescu: they get income from cell companies towers, from billboards on town limits
Diablo-D3: and I dont think we have local property tax either
smickles: yeah, local fines, police quotas
Diablo-D3: like, it was big news a few years back some dickhead graffitied on the side of a building
mircea_popescu: well... if the yearly budget is like 10mn or somesuch maybe they never issued paper
Diablo-D3: but Im pretty sure the only property taxes we pay is to the state
assbot: [MPEX] [S.MPOE] 5100 @ 0.0007144 = 3.6434 BTC [-]
mircea_popescu: the state doesn't do property taxes, they're a local concern.
Diablo-D3: mircea_popescu: I live in maine lol.
Diablo-D3: smickles: but yeah, basically, I wanna do DMC legit.
Diablo-D3: smickles: all the paperwork, all the is dotted and ts crossed
Diablo-D3: smickles: mircea_popescu thinks I'll spend like $50k
assbot: Last trade for DMC on GLBSE was at 0.0666 BTC [-]
smickles: Diablo-D3: for the 'green' dc/mining op, i could see 50k in organizational expenses
Diablo-D3: kakobrekla: you know whats ironic? we're now paying more dividends than we ever did on glbse
smickles: if you have the time to research tings yourself, sites like legalzoom just seem silly
Diablo-D3: yeah, I think legalzoom really is a scam
mircea_popescu: smickles basically some guy made a trust, but didn't properly account for revocation
mircea_popescu: Diablo-D3 for people with a clue, which mostly means 10 years as a paralegal and up, it's a useful shortcut
mircea_popescu: everyone else has not much business there other than for entertainment purposes.
Diablo-D3: meh I wish people I knew in high school wernt all potheads or drunks
Diablo-D3: you'd think ONE of them would have become a lawyer
mircea_popescu: this is why parents strive to take kids to good school districts.
Diablo-D3: I'd be like "remember that one time I saved you from that bully?"
Diablo-D3: mircea_popescu: because law doesn't interest me that way
mircea_popescu: you could now provide free expert advice to all the potheads who saved you from each other.
Diablo-D3: tiberiusiv: I neither smoke nor drink.
Diablo-D3: mircea_popescu: ha ha, I never needed saving.
Bugpowder: you need a corporate law transactional lawyer
Diablo-D3: mircea_popescu: I was the tallest kid in my grade until my junior year
Diablo-D3: yeah, so you know what its like then
Diablo-D3: it was usually kids from my class picking on kids from the class under us
Diablo-D3: somehow I became the good guy. not sure what went wrong there.
Bugpowder: Diablo-D3: Why not go to your state's bar association website and use their legal referral service to find a local laywer that specializes in your field of question
mircea_popescu: then send some people to beat him up, come by and save him
mircea_popescu: for 20 bucks worth of pot you've got yourself a friend.
Diablo-D3: everyone has an attic or basement, and its full of growlights
mircea_popescu: what sort of fucking fantasia is this, a town with 6 cops and 6000 growlights
Diablo-D3: theres a few kids in jail too, but they were the drunks
mircea_popescu: Bugpowder i know a chick that went to humbolt. she hated it.
Diablo-D3: and I think like half the girls were pregnant before they would have got out of college if they had actually went
mircea_popescu: the thing with maine is, no matter what you pick ppl go "further north"
Diablo-D3: Bugpowder: not that far north damnit
Diablo-D3: caribou isnt even part of maine anymore
Diablo-D3: they all speak french up there and shit
Diablo-D3: seriously, if one of my neighbors goes "eh, those hosers, eh?" Im going to slug them
Diablo-D3: smickles: but yeah, no wonder the US economy is in shambles
Diablo-D3: smickles: it costs $50k to start a company the right way
Diablo-D3: mircea_popescu: the kind that makes money
assbot: [MPEX] [S.MPOE] 14726 @ 0.00070743 = 10.4176 BTC [-]
assbot: [MPEX] [S.MPOE] 6074 @ 0.00071737 = 4.3573 BTC [+]
mircea_popescu: it's more of the case of, "the kind you shouldn't be starting if you're poor"
Diablo-D3: mircea_popescu: that'd be anything that makes money
Bugpowder: The angel funding environment is better than it has ever been
smickles: Diablo-D3: actually, Smickles Accounting Services, a limited company is profitable as of today
mircea_popescu: pretty much everything involving the handling of money is not something that should be done by people without the experience of handling money.
Diablo-D3: like, I could, pretty much, overnight fuck Amazon's cloud business over hard
mircea_popescu: Bugpowder has a point there. if organised freakshows / circus acts a la what gets funded by ycombinator can get 500k
pigeons: anybody could, but how much would it make you
Bugpowder: granted it might be harder in maine
mircea_popescu: train from maine to nyc costs you less than what you can panhandle in a day
Diablo-D3: because moving wouldnt do anything
Diablo-D3: maine is the optimum location for this business
smickles: we've been in operation since jan14 this year, and today we just overcame the organizational expeses
mircea_popescu: it takes what, two hours to pick up a chick get shown around.
Diablo-D3: goddamnit, whoever runs whatever shoutcast station Im listening to, STOP SENDING GARBAGE THROUGH THE PIPE
Diablo-D3: mircea_popescu: you're one of those type A personalities though
Bugpowder: you might not be good at starting a business
Diablo-D3: Bugpowder: yeah, and who would I trust for that job?
Diablo-D3: Ive given people tiny little bits of trust, and look what they do with it
Bugpowder: Well, you could try to present your idea to some freshly minted MBAs
mircea_popescu: Bugpowder incidentally, i think he's describing the problem that keeps 90% from all ventures from happening.
Bugpowder: Many business schools have courses where people come pitch their idea
mircea_popescu: people with technical ability tend to be shy and suspicious. not trying to imply he has any technical ability ofcourse :D
Bugpowder: there are more MBAs out there than good ideas / people with skills
Bugpowder: You just need to find a decent MBA dude to partner with
Diablo-D3: but I don't want to be stuck as the technical cofounder
Bugpowder: you are stuck as nothing right now
Diablo-D3: I'd like to have someone who isn't an idiot when it comes to technology
Diablo-D3: usagi: zuckerberg stole an idea and then sued his way out of trouble
mircea_popescu: 3 is the magic number. if you get a chick and you both do her especially.
Diablo-D3: usagi: he had OTHER people do the technical work nearly for free
Diablo-D3: usagi: the fucker doesn't even know how to program
Diablo-D3: smickles: yes, and consider what an LLC is
smickles: Diablo-D3: heh, i have a simple business tho
Diablo-D3: mircea_popescu: I still think steve jobs died in 1984
Diablo-D3: mircea_popescu: and its just bee a massive coverup ever since
Bugpowder: it's just one perspective, but it a better one than you have right now
assbot: [MPEX] [S.MPOE] 12580 @ 0.00071737 = 9.0245 BTC [+]
mpexbot: smickles: 0.099424123764 seconds
mpexbot: smickles: No new messages received.
mpexbot: mircea_popescu: No new messages received.
Bugpowder: Delaware's Div of Corporations charges $1,000 for 1 hour processing. For when you absolutely, positively must incorporate by lunchtime
smickles: and they lost my paperwork the first time
mircea_popescu: smickles in exchange, you paid your organisational expenses by march 18th :D
Bugpowder: Delaware's 2012 rev = $3.36 billion, 30% of which (abt $985M) was from franchise+corp taxes+biz fees
mpexbot: mircea_popescu: 0.115979194641 seconds
smickles: that's 'a startup' tho, they play by different rules
Diablo-D3: usagi: I've heard this, and yes, I agree
Diablo-D3: smickles: it just has a massive scope
Bugpowder: First, drop the 2.0. Call it DMC^2
Diablo-D3: Bugpowder: hurrr, its not actually going to be called dmc 2.0
mircea_popescu: i tihnk in about five years the cost of a seat on this chan will be like... 30 btc.
Diablo-D3: kakobrekla: I dont get the reference
Diablo-D3: I dunno, I think where I failed with DMC is I paired the plan down too small
Diablo-D3: kakobrekla: yeah, and I shouldnt have paired it down to only a dozen or two racks
Diablo-D3: the original plan I didn't show anyone in the bitcoin community was on the order of a hundred racks or more
Diablo-D3: using today's tech, I can pretty much take $100m and have more storage than Amazon, and they're currently the largest public storage pool available
Bugpowder: do you think that is why they are winning?
Diablo-D3: its not because they're a successful bookstore.
Bugpowder: You are familiar with the Yegge rant right?
Diablo-D3: (oddly enough, I finally ordered a book from them for the first time, and I've done thousands of dollars of business with them over the past however many years)
Bugpowder: 1) All teams will henceforth expose their data and functionality through service interfaces. 2) Teams must communicate with each other through these interfaces. 3) There will be no other form of interprocess communication allowed:
Bugpowder: 5) All service interfaces, without exception, must be designed from the ground up to be externalizable.
Bugpowder: 6) Anyone who doesn't do this will be fired.
assbot: [MPEX] [S.MPOE] 5000 @ 0.00070735 = 3.5368 BTC [-]
assbot: [MPEX] [S.MPOE] 13800 @ 0.00070573 = 9.7391 BTC [-]
Diablo-D3: Bugpowder: however, I agree with jeff bezos's mandate
Diablo-D3: he basically did what IBM already did in the 60s
Bugpowder: I'm going to bed. Wasted enough time here... See ya next week.
Bugpowder: Panic will commence at 0700 hours tomorrow morning
smickles: kakobrekla: were you the one who mentioned working on a kalman filter based trade bot?
kakobrekla: ah well i have build various indicators based on it
kakobrekla: packing the latest one into a bot as we speak
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.33318 BTC [-]
smickles: neat. I thought it sounded promising :)
assbot: [MPEX] [S.MPOE] 24044 @ 0.00071737 = 17.2484 BTC [+]
mircea_popescu: looks to me like a lot of newcomers drinking the visibility coolaid
mircea_popescu: ;;later tell bugpowder you know that google rant was useful. i still don't think facebook is worth over 10 bucks but at least i understand now why it's not worth zero.
Diablo-D3: mircea_popescu: that rant popped up on HN shortly after it was posted
Diablo-D3: you're not technically minded, thats why
mircea_popescu: i am technically minded, i just don't happen to be a hipster.
Diablo-D3: I find large scale data storage a very interesting topic
Diablo-D3: I dont really care for what facebook actually is though
mircea_popescu: the dickering, bickering, woes and troubles of wanna-be tech corps like google etc however...
Diablo-D3: I dont even have a facebook account
mircea_popescu: it'd be of interest if i were trying to marry a google paycheck or something.
Diablo-D3: I dunno, I may just replace google at some point
pigeons: well it works alright for google. not so well long term for many users
Diablo-D3: yeah, I dont care about shareholder masturbation
Diablo-D3: money, well, doesn't really have that much of a grip in me
Diablo-D3: I'm more about the learning and doing, not the owning
Diablo-D3: mircea_popescu: no company exists that can do what I want.
Diablo-D3: so that, too, is something I must do.
Diablo-D3: yes, this is whats wrong with this planet
mircea_popescu: if there's no company that does what you want and you can;'t start one, you sit and cry till someone else makes it
Diablo-D3: I'm more than qualified to do the technical work
Diablo-D3: I'd rather delegate the actual business shit to someone else
mircea_popescu: only people who understand and productively apply owning things can start companies.
Diablo-D3: I haven't found anyone particularly qualified for the position
Diablo-D3: productivity does not come out of owning things.
Diablo-D3: then I must be the richest person on the planet.
Diablo-D3: the things I care about simply cannot be bought.
gribble: BTCUSD ticker | Best bid: 47.30011, Best ask: 47.49999, Bid-ask spread: 0.19988, Last trade: 47.50000, 24 hour volume: 17273.34835843, 24 hour low: 46.81000, 24 hour high: 47.75000, 24 hour vwap: 47.47338
Diablo-D3: this is why money just doesn't feature that big in my life.
mircea_popescu: ya well... that's fine, but you'll never go anywhere with a company.
Diablo-D3: mircea_popescu: I think you've misunderstood somewhere.
Diablo-D3: Any company I run will be highly efficient.
mircea_popescu: more like, you'll wish for any company you run to be highly efficient.
Diablo-D3: It will not be one of these… whatever the fuck you call companies like IBM or Google
Diablo-D3: all this money wasted on dumb shit
Diablo-D3: I mean, yes, I understand this is how all shareholder owned companies work
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8748 BTC [+]
Diablo-D3: they're highly inefficient and do not put money into improving the user experience.
Diablo-D3: I have no interest in even working for such companies.
Diablo-D3: They simply can't do what I need them to do.
Diablo-D3: I mean, hell, if Google was serious about becoming the Internet or whatever nonsense they have cooked up this week, they'd just go private already and go back to work.
Diablo-D3: mircea_popescu: companies exist for one reason and one reason only
[\\\]: Unless they're NPO
Diablo-D3: any company who is inefficient enough to leave money on the table like that simply does not deserve to exist
Diablo-D3: amazon could have cornered the entire cloud market
Diablo-D3: they could have bankrupted almost every competitor
BitHub: bank commercials tell me all the time how much they care about me tho
Diablo-D3: and since they you dont have any money
BitHub: so they're not going to come to my daughters graduation then?
pigeons: statefarm insurance is a good neighbor
BitHub: D3 i don't have money? lulz
Diablo-D3: no, but they'll be happy to loan her money she can never repay to go to college.
Diablo-D3: BitHub: unless you;re a millionare, no.
BitHub: company = being a target
pigeons: going outside = being a target
BitHub: i must be the only person lucky enough to roll without burners
BitHub: everyone is gunned up heh
Chaang-Noi: we ever figure out why the nextwork wqas on fire?
Chaang-Noi: and yeah, lots of guns and rottwilers here....
gribble: Current Blocks: 226490 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1317 blocks | Next Difficulty In About: 6 days, 7 hours, 14 minutes, and 4 seconds | Next Difficulty Estimate: 6163571.41569 | Estimated Percent Change: 27.14563
Chaang-Noi: 27% jump, seems like we slowed down a bit
gribble: BTCUSD ticker | Best bid: 47.56250, Best ask: 47.69095, Bid-ask spread: 0.12845, Last trade: 47.69098, 24 hour volume: 17248.04188473, 24 hour low: 46.81000, 24 hour high: 47.75000, 24 hour vwap: 47.47479
Chaang-Noi: yeah, after 12 hours anyone figure out why? i had to sleep :/
mircea_popescu: i don't get this. is he a hoster that doesn't understand hosting ?
dub: they claim to have created 12th worth of chip
Chaang-Noi: no, we can see their account on btcguild it was 6.2 th last night, it is now 5.2
mircea_popescu: dub ya but iirc about six weeks after "delivery" they were hashing with 6th
Chaang-Noi: there is some guy on ozcoin with 3 th but we dont think it is asicminer, might be avalon "testing"
mircea_popescu: never was explained, the whys. have they yet got it up to the promised 12 ?
Chaang-Noi: yeah asicminer has had some problems that were not explained
dub: they said 'power and cable problem'
kakobrekla: i suspect 'premine' is the reason for avalon delays.. aritificial
Chaang-Noi: yeah power problems so moved tonew place, cant get the right staff... stuff like that
Chaang-Noi: they did say they want to be full up with the whole 60 th by the end of april
kakobrekla: well peeps reported 'a lot' of dust in the units
Chaang-Noi: if they are short on company funds i think it would be hard not to "test" and get the money back.
dub: kakobrekla: probably only a little testing done outside in teh dirt
dub: im serious this is china, expect anything
dub: well in theory their model wins
dub: it just requires competence/honesty etc
dub: like you have fucking fabbed silicon, how do you fuck up supplying enough power and cooling to it
dub: I think Jeff said his had some heat issues
mircea_popescu: dub basically the #1 problem with cowboy runs are the chip reliability.
mircea_popescu: that's pretty much my main concern. hash hours per chip.
mircea_popescu: anyone can fab silicon. doing it in any sort of comercially useful way however...
kakobrekla: ima gonna try to get a fury board if it will be for sale
dub: fury was the sea of hashers pga crowd?
dub: are they busting out an asic too?
kakobrekla: he gave me the sea of hashers source yesterday
kakobrekla: i gave it to someone to jerk around with
Chaang-Noi: i think i would buy a box and buy an aircon unit and my avalon in it if i had one...
Chaang-Noi: btc crawling up, good sign for the week?
Namworld: It can always be better however. Feedback on any elements or the whole would be appreciated.
parseval: It's a little bit wide.. If I have my 1920x screen cut in half, I have to expand the browser window... it looks like there is room to make the list expansive rather than fixed, or with a narrower min-width
smickles: they look like little racks <3
tiberiusiv: whats amazing about the litecoin crowd is they do not understand that bitcoin asics also increase litecoin difficulty
Namworld: That's pretty much what they're intended to look like. Little racked servers.
assbot: [MPEX] [S.MPOE] 4500 @ 0.00071737 = 3.2282 BTC [+]
parseval: It might be good to put the connection speed along with the bandwidth
Namworld: Well since it's VPSes the cables are kind of shared so... there's no definite guaranteed speed.
Namworld: Might vary depending on the server size too.
Namworld: All depends on the machine the VPS is on and others.
assbot: [MPEX] [S.MPOE] 12100 @ 0.00070573 = 8.5393 BTC [-]
assbot: [MPEX] [S.MPOE] 12211 @ 0.00070201 = 8.5722 BTC [-]
Namworld: Seems like he really caught the Bitcoin bug
assbot: [BTCTC] [COG.F] 2 @ 2.5 = 5 BTC
assbot: [BTCTC] [COG.F] 8 @ 2.5 = 20 BTC
assbot: [BTCTC] [COG.F] 3 @ 2.5 = 7.5 BTC
assbot: [BTCTC] [COG.F] 4 @ 2.5 = 10 BTC
Diablo-D3: didnt he show up to that one bitcoin convention?
assbot: [BTCTC] [GSDPT] 155 @ 0.00499 = 0.7735 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.874695 BTC [-]
smickles: lol, mircea_popescu how is 101401.7833687 a 'nice round number'?
Namworld: Not sure I'm following you but anyway
assbot: [MPEX] [S.MPOE] 6950 @ 0.00068138 = 4.7356 BTC [-]
Diablo-D3: I think what I'm going to do is this
Diablo-D3: and basically bankrupt verizon by eating their lunch
Namworld: Well, I'm off, night everyone.
kakobrekla: you know its bad when you see ppl in merrica go to sleep.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.821501 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 2 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.87193 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.54 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.535 = 1.07 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5130002 BTC [-]
Diablo-D3: smickles: I am going to beat you like a drum
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.8215 = 12.3225 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.82 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.81 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.1978 = 0.3956 BTC [+]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.1979 = 0.3958 BTC [+]
assbot: [BTCTC] [COGNITIVE] 15 @ 0.198 = 2.97 BTC [+]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.199999 = 0.6 BTC [+]
mircea_popescu: @SarahKSilverman My heart breaks for people who don't know the relief & joy of being wrong & saying sorry
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.48993 BTC [+]
mircea_popescu: @Mircea_Popescu @SarahKSilverman Too old to have your heart broken for the proper reasons ?
smickles: i read taylor swift all the time
mpexbot: mircea_popescu: No new messages received.
mpexbot: indeed. far away in the stroller, comes back with 3 strollers and a motorbike
assbot: [MPEX] [S.MPOE] 16800 @ 0.00068708 = 11.5429 BTC [+]
assbot: [MPEX] [S.MPOE] 10300 @ 0.00069629 = 7.1718 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.800075 = 3.2003 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8 = 8 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 10 @ 0.2 = 2 BTC [+]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00069629 = 1.3926 BTC [+]
assbot: [MPEX] [S.MPOE] 9150 @ 0.00069728 = 6.3801 BTC [+]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
assbot: [BTCTC] [ESECURITYSABTC] 6 @ 0.48994 = 2.9396 BTC [+]
assbot: [MPEX] [S.MPOE] 9947 @ 0.00069178 = 6.8811 BTC [-]
assbot: [MPEX] [S.MPOE] 3050 @ 0.00068138 = 2.0782 BTC [-]
assbot: [MPEX] [S.MPOE] 4112 @ 0.00067896 = 2.7919 BTC [-]
assbot: [MPEX] [S.MPOE] 4700 @ 0.00069001 = 3.243 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01966 BTC [+]
mpexbot: dub: It's starting to sound like Wal-Mart in here
assbot: [MPEX] [S.MPOE] 22850 @ 0.00069001 = 15.7667 BTC [+]
assbot: [MPEX] [S.MPOE] 8150 @ 0.00068212 = 5.5593 BTC [-]
assbot: [MPEX] [S.MPOE] 13600 @ 0.0006814 = 9.267 BTC [-]
assbot: [MPEX] [S.MPOE] 5588 @ 0.00067896 = 3.794 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.792125 = 7.9213 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.792 = 7.92 BTC [-]
assbot: [MPEX] [S.MPOE] 5450 @ 0.00067637 = 3.6862 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.791 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.791 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.105 = 0.42 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 80 @ 0.105 = 8.4 BTC [-]
assbot: [MPEX] [S.MPOE] 2506 @ 0.00067637 = 1.695 BTC [-]
assbot: [MPEX] [S.MPOE] 5415 @ 0.00067587 = 3.6598 BTC [-]
assbot: [MPEX] [S.MPOE] 7576 @ 0.00067334 = 5.1012 BTC [-]
assbot: [MPEX] [S.MPOE] 4653 @ 0.00066743 = 3.1056 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 16 @ 0.105 = 1.68 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849999 BTC [+]
MJR_: OIX is down a bit huh?
gribble: Current Blocks: 226538 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1269 blocks | Next Difficulty In About: 6 days, 10 hours, 35 minutes, and 56 seconds | Next Difficulty Estimate: 6138999.72395 | Estimated Percent Change: 26.63875
assbot: [MPEX] [S.MPOE] 17150 @ 0.0006681 = 11.4579 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 1370 @ 0.000708 = 0.97 BTC [-]
assbot: [MPEX] [S.MPOE] 7038 @ 0.0006681 = 4.7021 BTC [+]
assbot: [MPEX] [S.MPOE] 2662 @ 0.00066743 = 1.7767 BTC [-]
assbot: [MPEX] [S.MPOE] 4000 @ 0.00067599 = 2.704 BTC [+]
assbot: [MPEX] [S.MPOE] 3437 @ 0.00067599 = 2.3234 BTC [+]
assbot: [MPEX] [S.MPOE] 16712 @ 0.00067679 = 11.3105 BTC [+]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00069048 = 7.5262 BTC [+]
assbot: [MPEX] [S.MPOE] 13900 @ 0.00069112 = 9.6066 BTC [+]
assbot: [MPEX] [S.MPOE] 10451 @ 0.00068713 = 7.1812 BTC [-]
assbot: [MPEX] [S.MPOE] 13608 @ 0.00068243 = 9.2865 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.00444444 / 0.00474956 / 0.0051 (602 shares, 2.86 BTC), 7D: 0.00444444 / 0.00516205 / 0.00599987 (72521 shares, 374.36 BTC), 30D: 0.00300001 / 0.00610218 / 0.0069 (2302441 shares, 14,049.93 BTC)
assbot: [MPEX] [S.MPOE] 12962 @ 0.00069112 = 8.9583 BTC [+]
assbot: [MPEX] [S.MPOE] 2938 @ 0.00069593 = 2.0446 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 2 @ 0.00172 = 0.0034 BTC [-]
assbot: [MPEX] [S.MPOE] 5012 @ 0.00069593 = 3.488 BTC [+]
assbot: [MPEX] [S.MPOE] 3488 @ 0.00069728 = 2.4321 BTC [+]
assbot: [MPEX] [S.MPOE] 3392 @ 0.00068243 = 2.3148 BTC [-]
assbot: [MPEX] [S.MPOE] 1074 @ 0.00068028 = 0.7306 BTC [-]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
assbot: [HAVELOCK] [SDICE] 1 @ 0.56 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.849999 = 1.7 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 2 BTC [+]
imsaguy: mircea_popescu, I has been quoted. I want my royalties.
assbot: [BTCTC] [SYNERGY] 1 @ 0.01028 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.01027 BTC [-]
assbot: [BTCTC] [SYNERGY] 6 @ 0.01 = 0.06 BTC [-]
jurov: imsaguy, what do you want? free mpex acct? i guess mp's offer doesn't extend so far
jurov: you'll have to choose from the 5 or so options i PM'd you anyway, no need to make a fuss around it
jurov: TFA clearly says i'm collecting the claims.
jcpham: imsaguy you can have my free account
jurov: and i'm still waiting for you to choose
jcpham: mircea_popescu totaly promised me a free mpex account
jcpham: don't let him weasel out either
imsaguy: I'm sorry, I missed the PPS
pigeons: he gave me a free one, cause no one would take them at the time
imsaguy: you've have to forgive my missing that one line at the very end of the frakking article
imsaguy: I didn't mean to step on your toes
jcpham: too many hookers and blow this weekend
jcpham: i'm not even hearing your words
jcpham: ;;calc 25*[ticker --last]
jcpham: from my cold, dead hands
jurov: ;;everify freenode:#bitcoin-otc:db7c48cd4027f8901d2642cd24ccf4cb2ebff53183c88985f1a6c1f0
gribble: You are now authenticated for user jurov with key 677ABD62D0AEE7D7
jcpham: you can't afford that ammo
jcpham: you've got less than 6 hours
gribble: Nick 'imsaguy', with hostmask 'imsaguy!~imsaguy@unaffiliated/imsaguy', is not identified.
imsaguy: ;;tell jurov gpg info imsaguy
imsaguy: that gives you all the info you need :p
imsaguy: more like I dont have my gpg keys on all of my machines
jcpham: shell->shell->shell->shell->shell->reverse tunnel->shell->port knock->auth
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.33318 BTC [-]
pigeons: i have a service that retreives everify and sends me the decrypted string in the udp header of a fake netbios packet
pigeons: so i dont have to log into the machine with the key
assbot: [BTCTC] [GSDPT] 65 @ 0.00499 = 0.3244 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
coco89[a]: so i found out there's a #googleglass channel
assbot: [BTCTC] [B.YABMC] 2 @ 0.00821 = 0.0164 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.26 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00508 = 0.1016 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 91 @ 0.00509 = 0.4632 BTC [+]
Chaang-Noi: what is this about hookers and blow? :)
gribble: Current Blocks: 226571 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1236 blocks | Next Difficulty In About: 6 days, 5 hours, 3 minutes, and 55 seconds | Next Difficulty Estimate: 6167651.23612 | Estimated Percent Change: 27.22979
assbot: [MPEX] [S.MPOE] 10350 @ 0.0006819 = 7.0577 BTC [+]
assbot: [MPEX] [S.MPOE] 8250 @ 0.00068526 = 5.6534 BTC [+]
jurov: ;;gpg info "[\\\]"
gribble: Error: "\\\" is not a valid command.
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
jurov: how one verifies users with such douchy nicks?
pigeons: i'll post bond that it's really imsaguy
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
jurov: \nick "\";rm -rf /"
jurov: i cant even set something like that for myself
assbot: [MPEX] [S.MPOE] 4550 @ 0.00069502 = 3.1623 BTC [+]
jurov: ;;ident \[\\\\\\\]
gribble: Error: "\\\\\\\" is not a valid command.
jurov: ;;ident "\[\\\\\\\]"
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
gribble: You are identified as user imsaguy, with GPG key id 7D7EA76776E6CE48, key fingerprint A1398F4C58AC3D387F012AFA7D7EA76776E6CE48, and bitcoin address 1Hf5qWZzd2WsrDwLhkykNc4uXPAkykg9PM
[\\\]: for the record, its:
[\\\]: ;;ident "[\\\\\\]"
gribble: Nick '[\\\]', with hostmask '[\\\]!~imsaguy@unaffiliated/imsaguy', is identified as user imsaguy, with GPG key id 7D7EA76776E6CE48, key fingerprint A1398F4C58AC3D387F012AFA7D7EA76776E6CE48, and bitcoin address 1Hf5qWZzd2WsrDwLhkykNc4uXPAkykg9PM
[\\\]: today's teaching moment has been brought to you by tripleslash
assbot: [MPEX] [S.MPOE] 3100 @ 0.0006819 = 2.1139 BTC [-]
assbot: [MPEX] [S.MPOE] 5400 @ 0.00068093 = 3.677 BTC [-]
benkay: i'm working out the offices of a startup in mountain view
benkay: and the small scale of their vision coupled with the huge scale of their burn rate is stunning
assbot: [MPEX] [S.DICE] 2200 @ 0.0051 = 11.22 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.5132 = 2.0528 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.5131 = 1.0262 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.5130001 = 2.052 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.513 = 6.156 BTC [-]
assbot: [MPEX] [S.MPOE] 7402 @ 0.00068745 = 5.0885 BTC [+]
mpexbot: smickles: 1 day: no data 7 day: average: 40.34616177 high: 57.75068238 low: 37.78983401 volume: 35630 btc: 4870.67581779 30 day: no data
smickles: "Your BitPay Merchant Account is approved! " < a day late, and 1% short
jurov: no, just looking... apparently they just relaunched
assbot: [BTCTC] [BTC-GOLD] 10 @ 0.011 = 0.11 BTC [-]
assbot: [MPEX] [O.BTCUSD.P430T] 8 @ 0.0885639 = 0.7085 BTC [+]
jurov: lmao slovak PM today uncovered a wall sculpture of Janosik - a national hero akin to Robin Hood
jurov: and said "he was first social democrat"
jurov: he has this sculpture in his very office
jurov: Janosik was hanged 300 years ago... while I don't wish the same to Robert Fico (our PM)... but he really deserves it
gribble: BTCUSD ticker | Best bid: 47.55000, Best ask: 47.77999, Bid-ask spread: 0.22999, Last trade: 47.77999, 24 hour volume: 18298.11032076, 24 hour low: 47.07679, 24 hour high: 47.80000, 24 hour vwap: 47.54930
assbot: [MPEX] [S.MPOE] 6627 @ 0.00069196 = 4.5856 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.004501 / 0.00502512 / 0.0051 (2800 shares, 14.07 BTC), 7D: 0.00444444 / 0.00516022 / 0.00599987 (74721 shares, 385.58 BTC), 30D: 0.00300001 / 0.0061008 / 0.0069 (2302191 shares, 14,045.22 BTC)
assbot: [BTCTC] [COGNITIVE] 4 @ 0.25 = 1 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24 BTC [-]
gribble: BTCUSD ticker | Best bid: 47.54225, Best ask: 47.80000, Bid-ask spread: 0.25775, Last trade: 47.80000, 24 hour volume: 18802.01731684, 24 hour low: 47.07679, 24 hour high: 47.80000, 24 hour vwap: 47.55388
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849999 BTC [+]
smickles: wow, soebot is a lot faster now
smickles: a little bit of refactoring goes a long way
assbot: [BTCTC] [SYNERGY] 2 @ 0.00801 = 0.016 BTC [-]
assbot: [BTCTC] [SYNERGY] 3 @ 0.008 = 0.024 BTC [-]
assbot: [BTCTC] [SYNERGY] 3 @ 0.0065 = 0.0195 BTC [-]
assbot: [BTCTC] [SYNERGY] 20 @ 0.00601 = 0.1202 BTC [-]
assbot: [MPEX] [S.MPOE] 4521 @ 0.00069196 = 3.1284 BTC [+]
pigeons: interesting... suprised i didn't hear bout tradehill being back
pigeons: The new site goes live today with a new business-focused product dubbed “Prime.”
Diablo-D3: I saw that in my rss feed like two days ago
pigeons: like the least interesting, least profitable thing you can do with bitcoins is trade them for dollars
Diablo-D3: yeah, especially since the USD is crashing
pigeons: "Please email us at claim@tradehill.com and I will put you in touch with the person doing payouts for the old company. Nearly all of the funds have already been claimed, and we would like to make you whole today if possible."
[\\\]: They must have gotten a new round of angel funds
[\\\]: nothing like continuing the bleed.
pigeons: [\\\]: The new team, based in San Francisco, has raised a small seed round of funding from angel investors and expects to close a first round of about $300,000 in the coming months.
[\\\]: its the same figure heads
pigeons: meet the new team...same as the old team
[\\\]: first verse, same as the first, whole lot louder and a whole lot worse.
pigeons: "Singer said the company made the decision to keep the Tradehill name as it’s an “established brand” with a strong network."
smickles: lol, i went to their site w/o javascript.... blank page © tradehil
pigeons: well just make up a ridiculous joke of what you think it couldn't say, and that's what it says
[\\\]: photoshop something on to it
[\\\]: like a picture of a guy with a shoe on his head
pigeons: coinlab, tradehill, it sounds like the new hot business model is to position yourself as a "trading tool for professionals" and hope some sucker decides to throw some real money at trading and actually believes your crap that you are the way to go
kakobrekla: o wait whats the story with bakewell now
benkay: and yet none of them sound like products pro traders would use
pigeons: he can't be a scammer his picture shows him wearing a tie
[\\\]: benkay, but "bitcoin"
benkay: i'm sitting in a mountain view startup office right now
[\\\]: The world is about 50% wankers
benkay: should be more careful, these logs are public.
[\\\]: Ive already been quoted.
[\\\]: working on royalties now.
benkay: except that it's not a good tech for the us. and nobody in sv gets that.
pigeons: kakobrekla: link to bakewell drama?
smickles: © i should prepend a © to all my lines
benkay: they don't really get markets outside of the west coast tech bubble in most events.
kakobrekla: pigeons dunno i herd he missed a payment is all
pigeons: oh, yeah i heard he stopped paying dividends a few weeks ago cuz..."waiting for asics"
pigeons: tradehill learned its lesson so this time they are a "fan club" only for accredited investors
smickles: mircea_popescu: oh god, it hates me
gigatube: “This is a bank with a country attached.”
gribble: jcpham (~jcpham@unaffiliated/jcpham) has been on server zelazny.freenode.net since 05:03 PM, March 12, 2013 (idle for 38 seconds) and is voiced on bitcoin-otc and is also on #bitcoin-assets and #ripple.
smickles: if you do have beef, i'd like a sandwich
pigeons: i remember on efnet you would get kicked if you whois someone you don't know via the server not publically through an in channel bot even
Diablo-D3: cold roast beef sandwitch with horseradish mustard om nom
gigatube: Diablo-D3 is thirsty for my man-maisse
Diablo-D3: horsey sauce *may not contain horse, unless tesco brand
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.849999 = 4.25 BTC [+]
smickles: i'm a little suprised that we're still in the mid-upper 40's
Diablo-D3: you'd think we'd be past 100 b now
mpexbot: smickles: 1 day: no data 7 day: average: 40.34617835 high: 57.75068238 low: 37.79027943 volume: 35638 btc: 4871.38432899 30 day: no data
smickles: and the peeps on mpex thought it's be much lower than here
smickles: almost 90% of them averaging out at 37.79
assbot: [MPEX] [S.MPOE] 10269 @ 0.00068859 = 7.0711 BTC [-]
jurov: maybe it's cause there are no C1000 options
jurov: wts C2000, maybe C5000 even.
assbot: Last trade for S.DICE on MPEX was at 0.0051 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.004501 / 0.00502512 / 0.0051 (2800 shares, 14.07 BTC), 7D: 0.00444444 / 0.00515833 / 0.00599987 (73721 shares, 380.28 BTC), 30D: 0.00300001 / 0.00609941 / 0.0069 (2297441 shares, 14,013.03 BTC)
assbot: [MPEX:S.BBET] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.0015 / 0.00195371 / 0.002014 (31300 shares, 61.15 BTC), 30D: 0.0015 / 0.00181129 / 0.002014 (117806 shares, 213.38 BTC)
mpexbot: smickles: 1 day: no data 7 day: average: 0.00195372 high: 0.002014 low: 0.0015 volume: 31300 btc: 61.1513 30 day: average: 0.00181129 high: 0.002014 low: 0.0015 volume: 117806 btc: 213.38132387
assbot: [MPEX] [S.MPOE] 62 @ 0.00069728 = 0.0432 BTC [+]
assbot: [MPEX] [S.MPOE] 489 @ 0.00070107 = 0.3428 BTC [+]
assbot: [MPEX] [S.MPOE] 10700 @ 0.00070374 = 7.53 BTC [+]
assbot: [MPEX] [S.MPOE] 1202 @ 0.00071737 = 0.8623 BTC [+]
guruvan: ah nice smickles - I like the vwaps better
smickles: guruvan: if you like that, checkout smickles.com/mpex-gui/
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849999 BTC [+]
guruvan: smickles - that's just pure awesome. I might have to get me one
smickles: yes, but it's personal use, do not distribute original or modifications plz
smickles: (as this is a comercial operation)
guruvan: but it would be great to be able to extend it some
smickles: totally. also, if you do something that really ought to be in the original, tell me. I'll wan't to buy it off of you or put it in for a royalty or some such
guruvan: yah. would do that for sure.....also...you haz typo on smickles.com "I've recently lunched"...
smickles: oh no D: thx for pointing that out :)
smickles: btc guild has been rockin' it recently
pigeons: these fast blocks are nice
jonny7: Is it a bad pracice to use my regular email when creating an account at mpex?
smickles: so you don't get paid anything for mining?
dub: it all goes to jesus
dub: uh don't do that if are
smickles: i'm sorry, really, i did it back in the day before tycho made his political position known
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8697 BTC [+]
kakobrekla: jonny7 you mean when creating your key pair?
smickles: dub: i mean the bips he has supported in the past
gribble: Current Blocks: 226602 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1205 blocks | Next Difficulty In About: 6 days, 16 hours, 40 minutes, and 0 seconds | Next Difficulty Estimate: 6137491.90908 | Estimated Percent Change: 26.60765
jonny7: I have an old laptop that I can keep my private key, but should I send my public key with my known email?
jonny7: Can other know what I have sold and bought?
smickles: jonny7: how anon do you want to be?
Jesus: best practice is the make a fresh key, no matter the email addy (anonymity is the only thing about the associated email address)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.862 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84 BTC [-]
Jesus: jonny7: others only know what you buy/sell if you provide them with the records - those are encrypted with your key
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.82 BTC [-]
smickles: my way of thinking, if you fear a tyranical gov't, and think that you can actually do something to prevent them getting to you, make a new keypair w/o an associated email address
assbot: [BTCTC] [BTC-MINING] 1 @ 0.24889 BTC [+]
smickles: however, i don't think i can escape a tyranical gov't who set their sights on me
smickles: so it's serves me to have it associated with my email and otc id
guruvan: smickles: you might not be able to, but your BTC and your mpex account will make it
jonny7: smickles: So the best is to use a email address that is not tied to me personal in case someone get all the records?
smickles: you can PUSH assets to me via my otc key fingerprint
smickles: jonny7: probably. and it's detailed in the FAQ
guruvan: that is how mine is setup, as I am not concerned about the government getting my stuffs
jonny7: I will try to read though it once again
kakobrekla: smickles are you planing on some sort of web interface for your brokerage or no
smickles: kakobrekla: i'm winding down the brokerage as i fear it's illegal in my country for me to do that
smickles: guruvan: i might once i make a bit more money
smickles: so i can pay to setup a company in that country off the coast of austrailia
guruvan: moving business out of the US is advisable anyhow
smickles: guruvan: well, my primary business is accounting for US citizens
guruvan: you're doing regular fiat-business accounting now (IIRC you were about to get your CPA)
smickles: kakobrekla: i intend to join mp's harem when i grow up
pigeons: all bitcoiners should come to yurop and open cypatriot bank accounts
assbot: [BTCTC] [SYNERGY] 1 @ 0.01699 BTC [+]
gribble: BTCUSD ticker | Best bid: 48.30000, Best ask: 48.46000, Bid-ask spread: 0.16000, Last trade: 48.30000, 24 hour volume: 24392.94339891, 24 hour low: 47.07679, 24 hour high: 48.50000, 24 hour vwap: 47.68841
smickles: guruvan: i'm still a ways off from my CPA (having kids slows the process down).
guruvan: sweet. I do love rallies right after I buy some coins
assbot: [BTCTC] [B.YABMC] 1 @ 0.01962 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01963 BTC [+]
assbot: Last trade for YABMC on GLBSE was at 0.0769 BTC [+]
smickles: also, CPA is kinda a "good 'ol boys" club in that you have to have years of exp. under another cpa. so, as I own my own accounting company, i'm not getting the right kind of exp.
assbot: [BTCTC] [BTC-GOLD] 4 @ 0.005 = 0.02 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00179 BTC [+]
guruvan: all those things are good ol boys clobs....nothing as bad as a series 7 broker license AFAICT though
gribble: Time since last block: 6 minutes and 36 seconds
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3448 BTC [+]
mircea_popescu: <pigeons> all bitcoiners should come to yurop << totally.
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.349 = 0.698 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 14 @ 0.3499 = 4.8986 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.87 BTC [+]
assbot: [MPEX] [S.DICE] 2027 @ 0.0051 = 10.3377 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.2689 BTC [+]
kakobrekla: hey you gonna pay the .5 btc or what :p
thestringpuller: the .5 for data. i thought smickles was authed to send it to you
thestringpuller: can you pm me address and I will send smickles gpg mail when I get home
smickles: kakobrekla: I didn't send it b/c you said not to, so i left it alone
smickles: perhaps there was some kind of miscommunication
kakobrekla: i thought thestringpuller must send you gpg mail before that
smickles: kakobrekla: he was identified with gribble when he originally told me to do it
mircea_popescu: <jurov> wts C2000, maybe C5000 even. << seeing how the c75 is like... 5 cents
kakobrekla: ok well you can hit me up here then 1B6NP9eb4RKy9tRrXYCJnNcenZkrt5Q2gb
gribble: Nick 'kakobrekla', with hostmask 'kakobrekla!~kako@unaffiliated/kakobrekla', is not identified.
gribble: Nick 'kakobrekla', with hostmask 'kakobrekla!~kako@unaffiliated/kakobrekla', is identified as user kakobrekla, with GPG key id 27AF75321F2489E8, key fingerprint 27C3CE9A20851312F086268C27AF75321F2489E8, and bitcoin address None
kakobrekla: 21:14.17 ( sturles ) Anyay -- Cyprus is just a tiny bit of the Euro economy. The EUR itself won't notice.
mircea_popescu: that;s why when i cashed out 10k rons today they only had 9k in the entire bank
mircea_popescu: guy was like "can be 9800 if we include the 10 ron bills" (ie, 2.5 euro bills)
kakobrekla: 21:14.32 ( kakobrekla ) had to join otc
kakobrekla: 21:14.37 ( kakobrekla ) semi relevant line there
kakobrekla: 21:14.37 ( kakobrekla ) 21:14.17 ( sturles ) Anyay -- Cyprus is just a tiny bit of the Euro economy. The EUR itself won't notice.
kakobrekla: 21:15.54 ( mircea_popescu ) that;s why when i cashed out 10k rons today they only had 9k in the entire bank
kakobrekla: 21:16.23 .•• info: ( sturles )/( ~sturles@unaffiliated/sturles ) opened a query with you: What happens there?
kakobrekla: 21:16.28 ( mircea_popescu ) guy was like "can be 9800 if we include the 10 ron bills" (ie, 2.5 euro bills)
kakobrekla: 21:16.32 ( mircea_popescu ) or w/e, 2.25
smickles: < mircea_popescu> "I've recently lunched"... ahahahaha ok << i was probably hungry
smickles: those 173 reads were probably bots
kakobrekla: but make it so it pays out dividends or something
jurov: uh, should i add comment there "such structure shoudl be called a fan club"?
mircea_popescu: kakobrekla male tits and fiat btc are outside of the scope of this conversation
pigeons: by the way mircea_popescu, you may already have heard about the return of tradehill, but we had a good laugh about it in the scrollback buffer
mircea_popescu: dude whenever i go out on the prowl all the good stuff happens.
mircea_popescu: kakobrekla well at least i lashed this chick with her doggylash...
pigeons: seriously, its only a fan club for accredited investors so no regulatory issues
kakobrekla: ok apparently we are missing he good stuff
jurov: kakobrekla what stuff? suddenly you desire some lashing, too?
pigeons: this is how you know that absolutely 200% of what tradehill is saying is utter bullshit
kakobrekla: jurov what makes you think im on that side?
pigeons: "Will Tradehill support other crypto-currencies in the near future? Short answer: Yes. "
pigeons: i expected to hear "Goat brings LTC to Wallstreet" but not tradehill
jurov: kako, what other are you missing then?
mircea_popescu: they're either a. going to be the new coinlab or else b. going to be the larger bitfloor
pigeons: The new site goes live today with a new business-focused product dubbed “Prime.”
kakobrekla: jurov the side of giving the lashing you know
pigeons: "Singer said the company made the decision to keep the Tradehill name as it’s an “established brand” with a strong network."
mircea_popescu: kakobrekla btw, diod you see the idiot who sent btc to primeasic ?
pigeons: there's not even any reading between the lines to find the true stupid, its explicit
jurov: I am User 472 on the bitcoin pyramid wich was a tradehill acount address... ( I stupidly used you as a wallet )
pigeons: so will non us/canada folk be able to trade btc/usd on mtgox without the traders having an account/relationship with coinlol?
mircea_popescu: pigeons only if they have good personal / otc relationships with actual people in actual countries.
mircea_popescu: but anyway, i would say this is the largest degradation of personal status us citizens have suffered to date.
pigeons: maybe then tradehill hopes to get some of the flight capital in those mtgusd codes since they are deprecated and in a few weeks the codes discontinued
jurov: everyone who wants to continue using mtgox will be required to file SEC papers. in person.
pigeons: mircea_popescu: non-us/canada
pigeons: i mean will say, eurpoeans be able to trade btc/usd on gox, or will gox not offer trading in that currency
mircea_popescu: jurov you seen that scene in black cat / white cat when the fat singer woman delivers the irs nail ?
pigeons: well they arent really spelling much out
pigeons: coinlab was sucessful with their nonsense pr spin, a lot of people in otc and the forums (yeah i know) are totally convinced that coinlab is allowing all americans to buy bitcoins at their neighborhood bank
mircea_popescu: as long as they don't get any dough that conviction will stand
assbot: [MPEX] [S.DICE] 1500 @ 0.0051 = 7.65 BTC [+]
dub: I don't know if I'm hotter side on
assbot: [HAVELOCK] [SDICE] 5 @ 0.532 = 2.66 BTC [+]
assbot: [MPEX] [S.DICE] 500 @ 0.0051 = 2.55 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.870899 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5301 BTC [-]
mircea_popescu: lmao @us feds. "weev can do arithmetics. clearly special skills"
assbot: [MPEX:S.DICE] 1D: 0.004501 / 0.00506929 / 0.0051 (6827 shares, 34.61 BTC), 7D: 0.00444444 / 0.00514093 / 0.00599987 (75748 shares, 389.42 BTC), 30D: 0.00300001 / 0.00609766 / 0.0069 (2301468 shares, 14,033.57 BTC)
deadweasel: poor fuckin weev, he's a dumbass, but not 41 months in prison dumb-ass
deadweasel: seems they have their man for pinning computer crime on.
pigeons: yeah i had to google it too
pigeons: i'll stick with wikipedia for my politically biased information
mircea_popescu: basically all the faggots and niggers in the us govt are a little sore in the bum.
benkay: wtf hacker and not tor
kakobrekla: more apropriate would be for their devices to assplode
deadweasel: benkay: i don't get it either, no tor, he's kind of a twat
benkay: but he voluntarily doxed himself
benkay: if you're going to publish vulnerabilities in the systems run by the companies that run the usg
mircea_popescu: ya well... he's charged with breaking and entering except hte place had no lock or walls.
benkay: but apparently can't in2 power structure theory
deadweasel: is there a 'safe' way to do so? Like the administration of security and silicon
benkay: law doesn't care about actual laws
deadweasel: could i go up to ASS and offer up a vuln?
benkay: at least in this country
gribble: BTCUSD ticker | Best bid: 48.18997, Best ask: 48.41900, Bid-ask spread: 0.22903, Last trade: 48.18997, 24 hour volume: 35238.49364250, 24 hour low: 47.11111, 24 hour high: 48.88300, 24 hour vwap: 47.99086
pigeons: i dont care what mircea_popescu cares about what the law cares about
benkay: all that I'm saying is that he's a moron for not protecting his identity while trolling at the leviathan.
benkay: -> trolling the leviathan.
deadweasel: and I don't care what pigeons cares about what mircea_popescu about what the law cares about
gribble: There are currently 24049.14 bitcoins offered at or under 50.0 USD, worth 1194209.0516 USD in total. | Data vintage: 0.0021 seconds
gribble: There are currently 4805.0265 bitcoins offered at or under 49.0 USD, worth 234597.12888 USD in total. | Data vintage: 0.0055 seconds
pigeons: what fun is it to troll from behind a mask
mircea_popescu: benkay where did you get this idea the us govt is powerful, or respectable or something ?
smickles: 4chan isn't fun, 4chan is like a beetle who fell into boiling water
assbot: [MPEX] [S.MPOE] 8294 @ 0.00073964 = 6.1346 BTC [+]
deadweasel: anyway, it's a bad precedent. it should scare everyone.
smickles: it knows something is wrong, prolly doesn't feel pain, then dies
benkay: the idea i have is that the usg is a tool our corporations use to maintain the status quo.
deadweasel: we use computers, they are putting people in jail who use them stupidly. most people are stupid.
deadweasel: so most people will eventually be in jail, in the country with the largest prison population.
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.105 = 0.21 BTC [-]
deadweasel: yeah, that's about right, and why people should be pissed off about weev
zerokwel: the escape films come to mind :)
mircea_popescu: Q : is there any stop order system for trading at mtgox? A : We do not offer such possibility as of yet but probably in the future.
pigeons: goat brings litecoin to wall street
benkay: so, fine, the law is used to jail people indiscriminately. the powers that be here use this to their advantage to jail anyone who does things they dislike.
kakobrekla: the correct thing is to put btc in MT4 or some such
benkay: didn't learn anything new there.
kakobrekla: MT5 is kinda not popular for live trading yet
mircea_popescu: benkay you learned that you're a bad person for being american.
benkay: well, knew you think that.
mircea_popescu: "Thank you for your message. We are currently experiencing delays on EUR transfers of up to two weeks for larger transfers because of the daily limits imposed by our bank in Europe. "
mircea_popescu: coinlab should open a european subsidiary. problem solved.
deadweasel: only Weev has an appeal left, that's new news, the interesting kind, especially if you live in America and don't want your door kicked in for 'computer crime'
smickles: kakobrekla: have someone buy your mtgoxeur cupon codes?
assbot: [BTCTC] [S.MPOE-PT] 3 @ 0.000674 = 0.002 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 3 @ 0.000674 = 0.002 BTC [-]
assbot: [MPEX] [S.MPOE] 3393 @ 0.00073964 = 2.5096 BTC [+]
assbot: [MPEX] [S.MPOE] 3097 @ 0.00071871 = 2.2258 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 44 @ 0.000673 = 0.0296 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.004501 / 0.00506929 / 0.0051 (6827 shares, 34.61 BTC), 7D: 0.00444444 / 0.00514093 / 0.00599987 (75748 shares, 389.42 BTC), 30D: 0.00300001 / 0.00609766 / 0.0069 (2301468 shares, 14,033.57 BTC)
assbot: [BTCTC] [S.MPOE-PT] 10 @ 0.000673 = 0.0067 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.005 BTC [-]
pigeons: or the unnoffical fanclub of ognasty
pigeons: "Tradehill was the first institution in the Bitcoin market to hold millions of dollars in user funds and process full payouts. Every other Bitcoin company that achieved scale either lost money in a hack or went insolvent."
gribble: There are currently 24220.821 bitcoins offered at or under 50.0 USD, worth 1202584.23481 USD in total. | Data vintage: 0.0021 seconds
pigeons: so tradehill wasn't insolvent, they just ran out of money
pigeons: and not a lot of difference if you lose money in a hack or in a chargeback
assbot: [BTCTC] [B.YABMC] 2 @ 0.00821 = 0.0164 BTC [-]
mircea_popescu: i wonder how long before bitcoin wanna-be entrepreneurs learn that lieing is not pr.
kakobrekla: so who want to do currenex for btc with me so i can plug in mt
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
assbot: [MPEX] [O.BTCUSD.C430T] 4 @ 0.19918847 = 0.7968 BTC [+]
Chaang-Noi: <pigeons> goat brings litecoin to wall street lol
assbot: [MPEX] [O.BTCUSD.P470T] 1 @ 0.08375067 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1 @ 0.10400065 BTC [-]
assbot: [MPEX] [O.BTCUSD.P450T] 1 @ 0.0640216 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 253 @ 0.000673 = 0.1703 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 37 @ 0.000673 = 0.0249 BTC [-]
Chaang-Noi: not sure if wall streat is ready yet for the power of ltc :)
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
gribble: BTCUSD ticker | Best bid: 48.50025, Best ask: 48.65000, Bid-ask spread: 0.14975, Last trade: 48.65000, 24 hour volume: 36380.14935109, 24 hour low: 47.12009, 24 hour high: 48.88300, 24 hour vwap: 48.01748
pigeons: mircea_popescu: no i never found anything on btcjam it was just for comedy, but its all reruns
gribble: BTCUSD ticker | Best bid: 48.90000, Best ask: 48.95775, Bid-ask spread: 0.05775, Last trade: 48.90000, 24 hour volume: 39353.49357783, 24 hour low: 47.12009, 24 hour high: 49.00000, 24 hour vwap: 48.07990
gribble: There are currently 1875.6022 bitcoins offered at or under 49.2 USD, worth 92021.233743 USD in total. | Data vintage: 0.0018 seconds
kakobrekla: Chaang-Noi how much you put down for ltc is above 0.01 btc at the end of 2013
kakobrekla: yeah, my guess is its below 0.01 at the end of the year
Chaang-Noi: oh, what do i think the price will be?
kakobrekla: was wondering if youd bet on that since you seem to be lite jesus
Chaang-Noi: good question but if i were to bet on even odds i would say over .01
Chaang-Noi: oh no, im not going to do bitbet, ill makea bet with you personally if you want
pigeons: i bet matthew n wright pays
Chaang-Noi: btw im no where near the largest ltc holder, wish i was :)
Chaang-Noi: pigeons i hope so, he owes me 5000 ltc:)
assbot: [BTCTC] [COGNITIVE] 1 @ 0.25 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.105 = 0.315 BTC [-]
assbot: [MPEX] [S.BBET] 12450 @ 0.0018 = 22.41 BTC [+]
mircea_popescu: so people ask me "ok 1 dollar buys 1000 trilema credits, but how many credits do you need to read an article ?"
Chaang-Noi: problem with bitbet is you have no idea what the odds are when the bet ends
pigeons: cause when you make an assumption, you make an ass out of u and umption
mircea_popescu: still... i mean notionally. "a credit". well... a credit to what 1/3 read ?
gribble: BTCUSD ticker | Best bid: 48.90013, Best ask: 48.99239, Bid-ask spread: 0.09226, Last trade: 48.99239, 24 hour volume: 39722.91241967, 24 hour low: 47.12009, 24 hour high: 49.00000, 24 hour vwap: 48.09012
pigeons: i always wondered, now i know 1 credit per article
Chaang-Noi: Mar18 21:54:20 mtgox x11 211.8929 @ 49.1439944 USD
pigeons: i probably would have bought some in the past if a btc address was generated automatically, but i aint gonna email someone to get an address for his blog
mircea_popescu: pigeons i got too lazy to implement bitpay or w./e the solution is
mircea_popescu: lew rockwell : "This proves that the licensing was – and always will be – a scheme merely to fill government coiffures."
deadweasel: someone just buys it all up at once, after no volume at all
benkay: i want to fill the government hair.
benkay: use your imagination, deadweasel.
mircea_popescu: kakobrekla if you fuck a girl long enough, eventually she enters this zombie state
deadweasel: remove the question mark and that's your title
gribble: There are currently 15706.82 bitcoins offered at or under 50.0 USD, worth 784550.15041 USD in total. | Data vintage: 21.4370 seconds
deadweasel: kakobrekla, that's a hell of a wall at 50
gribble: 1 BTC = 48.99239 U.S. dollars = 37.7852769 Euros
Uglux: what was the ATH exactly?
Uglux: yeaaa, the number plz
mircea_popescu: kakobrekla who actually can take out 3/4 mn usd fgrom mthox ?
gribble: Error: "yeaaa," is not a valid command.
Bugpowder: they raised my limit to 50k overnight
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
kakobrekla: mircea_popescu i dunno, but it has to be done
Chaang-Noi: total bid: 8,389,663 USD | total ask: 82,782 BTC | ratio: 101.35 USD/BTC
Bugpowder: Trusted accounts can withdraw 50k at a time, 500k / mo
mircea_popescu: its incredible just how inadequate fiat is when one looks from the vantage of btc
Bugpowder: correction $100k max wire size per day with trusted
Bugpowder: Sub 10k wires have been arriving in 48 hours for me
Bugpowder: No matter what happens now, I made at least 18x.
Bugpowder: Every 5-10 years there is an investment that is just so fucking obvious
Bugpowder: Bitcoins at $2, after being at $31, was a great example
toffoo: things always look obvious in retrospect ;)
Bugpowder: not obvious that it was going to 50
assbot: [MPEX] [S.MPOE] 7100 @ 0.000697 = 4.9487 BTC [-]
Bugpowder: but an EV analysis I drew up showed something like 5-10x EV
Bugpowder: which was clearly too conservative
Bugpowder: It wasn't obvious it would bounce to $15
toffoo: i wouldn't call that one obvious ...
assbot: [MPEX] [S.BBET] 5000 @ 0.0018 = 9 BTC [+]
toffoo: it's two competitors were bankrupt and under the government's control
toffoo: maybe you know more about the car business than the average guy
assbot: [MPEX:S.BBET] 1D: 0.0018 / 0.0018 / 0.0018 (17450 shares, 31.41 BTC), 7D: 0.0015 / 0.00189869 / 0.002014 (48750 shares, 92.56 BTC), 30D: 0.0015 / 0.00180983 / 0.002014 (135256 shares, 244.79 BTC)
Bugpowder: Friend of dad who had lost most of his money in the market did an EV analysis... Went all in with the rest of life savings
Bugpowder: deadweasel: max(18x, 18x+n*x) where n =[0-1000]
mircea_popescu: venturebeat : embattled-bitcoin-exchange-tradehill-is-back. matonis : Tradehill Launches As Bitcoin Exchange For Businesses And Accredited Investors
assbot: [MPEX] [O.BTCUSD.P510T] 1 @ 0.12177158 BTC [-]
Chaang-Noi: some times better to be lucky/crazy than smart
mod6: Krugman and Bernanke have phd's lol
pigeons: wtf is a curation consultant
gribble: Error: "bc,convert," is not a valid command.
gribble: 1 BTC = 49.49002 U.S. dollars = 38.169073 Euros
pigeons: smells like something a ycombinator company would have
gribble: BTCUSD ticker | Best bid: 49.26107, Best ask: 49.49000, Bid-ask spread: 0.22893, Last trade: 49.26107, 24 hour volume: 45708.72214983, 24 hour low: 47.12009, 24 hour high: 49.79000, 24 hour vwap: 48.26314
gribble: There are currently 15875.704 bitcoins offered at or under 50.0 USD, worth 792726.780924 USD in total. | Data vintage: 117.4680 seconds
mpexbot: smickles: 1 day: no data 7 day: average: 40.34905862 high: 57.74756063 low: 37.79100251 volume: 35646 btc: 4872.55462737 30 day: no data
Chaang-Noi: less than a million of soon to be fiat to go
mpexbot: but... i saw porn on there :(
mpexbot: jurov because a. its much easier to parse and b. because the bot
mpexbot: smickles that film... you should totally watch it.
mpexbot: jurov: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
mpexbot: pigeons: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
jurov: i hope for succinct prediction :/
mpexbot: smickles: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
deadweasel: Bugpowder: yeah, no I have no idea at all
mpexbot: jurov: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
mpexbot: smickles: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
mpexbot: smickles: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
assbot: [MPEX] [O.BTCUSD.C510T] 1 @ 0.06562237 BTC [-]
gribble: BTCUSD ticker | Best bid: 49.49999, Best ask: 49.50000, Bid-ask spread: 0.00001, Last trade: 49.49999, 24 hour volume: 47889.07477187, 24 hour low: 47.12009, 24 hour high: 49.79000, 24 hour vwap: 48.32588
gribble: Next difficulty estimate | 6247626.80304 based on data since last change | 6547204.92104 based on data for last three days
assbot: [MPEX] [O.BTCUSD.C490T] 1 @ 0.08408666 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.00431 BTC [-]
assbot: [BTCTC] [GSDPT] 20 @ 0.0043 = 0.086 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.00426 BTC [-]
assbot: [BTCTC] [GSDPT] 9 @ 0.0041 = 0.0369 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.334 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3337 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3332 BTC [-]
assbot: [MPEX] [S.MPOE] 4800 @ 0.000697 = 3.3456 BTC [-]
gribble: BTCUSD ticker | Best bid: 49.50001, Best ask: 49.50002, Bid-ask spread: 0.00001, Last trade: 49.50002, 24 hour volume: 48101.89622656, 24 hour low: 47.12009, 24 hour high: 49.79000, 24 hour vwap: 48.33148
smickles: ;;calc [bc,24hprc]/[ticker --last]
smickles: at what point do we start seeing that 'buy/sell out mpoebot' trader
assbot: [MPEX] [S.MPOE] 13443 @ 0.000697 = 9.3698 BTC [-]
smickles: mircea_popescu: dammit man, stop publishing my ideas
smickles: mircea_popescu: this is all getting into indiana jones territory. soon enough you'll have to be at 'the spot where the sun is at such an angel in sky on this day of the year and casts a shadow to your feet. turn left, take a pic of the mountian and pump that pic into the script where you enter "david duchovny" 6 times'
mircea_popescu: bitcoin is - among other things - bringing pirate maps back
mod6: (16:00) < mircea_popescu> bitcoin is - among other things - bringing pirate maps back << YES!!
assbot: [MPEX] [S.MPOE] 10110 @ 0.00071781 = 7.2571 BTC [+]
gribble: BTCUSD ticker | Best bid: 49.71230, Best ask: 49.80000, Bid-ask spread: 0.08770, Last trade: 49.71230, 24 hour volume: 49314.22508067, 24 hour low: 47.12009, 24 hour high: 49.80000, 24 hour vwap: 48.37025
gribble: There are currently 1456.6221 bitcoins offered at or under 49.99 USD, worth 72734.4782962 USD in total. | Data vintage: 40.4732 seconds
mod6: that's neat pigeons
gribble: BTCUSD ticker | Best bid: 49.71230, Best ask: 49.80000, Bid-ask spread: 0.08770, Last trade: 49.71230, 24 hour volume: 49314.22508067, 24 hour low: 47.12009, 24 hour high: 49.80000, 24 hour vwap: 48.37025
gribble: There are currently 384.75233 bitcoins offered at or under 49.99 USD, worth 19225.9672632 USD in total. | Data vintage: 0.3233 seconds
gribble: BTCUSD ticker | Best bid: 49.55001, Best ask: 49.71229, Bid-ask spread: 0.16228, Last trade: 49.55001, 24 hour volume: 51864.42162892, 24 hour low: 47.12009, 24 hour high: 49.94900, 24 hour vwap: 48.43539
gribble: BTCUSD ticker | Best bid: 49.55001, Best ask: 49.71229, Bid-ask spread: 0.16228, Last trade: 49.55001, 24 hour volume: 51864.42162892, 24 hour low: 47.12009, 24 hour high: 49.94900, 24 hour vwap: 48.43539
gribble: BTCUSD ticker | Best bid: 49.55001, Best ask: 49.71229, Bid-ask spread: 0.16228, Last trade: 49.55001, 24 hour volume: 51864.42162892, 24 hour low: 47.12009, 24 hour high: 49.94900, 24 hour vwap: 48.43539
gribble: BTCUSD ticker | Best bid: 49.55001, Best ask: 49.71229, Bid-ask spread: 0.16228, Last trade: 49.55001, 24 hour volume: 51864.42162892, 24 hour low: 47.12009, 24 hour high: 49.94900, 24 hour vwap: 48.43539
assbot: [MPEX] [O.BTCUSD.C470T] 1 @ 0.10841351 BTC [-]
deadweasel: was the solution for sdice to split off transactions into entire blocks?
gribble: BTCUSD ticker | Best bid: 49.55001, Best ask: 49.71229, Bid-ask spread: 0.16228, Last trade: 49.55001, 24 hour volume: 51864.42162892, 24 hour low: 47.12009, 24 hour high: 49.94900, 24 hour vwap: 48.43539
assbot: [MPEX] [O.BTCUSD.C450T] 1 @ 0.13772223 BTC [+]
gribble: BTCUSD ticker | Best bid: 49.78232, Best ask: 49.98998, Bid-ask spread: 0.20766, Last trade: 49.71229, 24 hour volume: 54635.61117328, 24 hour low: 47.12009, 24 hour high: 50.00000, 24 hour vwap: 48.51496
deadweasel: it almost feels like classical conditioning
assbot: [MPEX] [S.MPOE] 4960 @ 0.0007453 = 3.6967 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
gribble: BTCUSD ticker | Best bid: 49.78232, Best ask: 49.98998, Bid-ask spread: 0.20766, Last trade: 49.71229, 24 hour volume: 54635.61117328, 24 hour low: 47.12009, 24 hour high: 50.00000, 24 hour vwap: 48.51496
assbot: [MPEX] [O.BTCUSD.P430T] 8 @ 0.0441449 = 0.3532 BTC [-]
Bugpowder: I assume there is some panic buying goxlag
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8402 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.8401 = 3.3604 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.84 = 5.04 BTC [-]
gribble: BTCUSD ticker | Best bid: 49.78232, Best ask: 49.98998, Bid-ask spread: 0.20766, Last trade: 49.71229, 24 hour volume: 54635.61117328, 24 hour low: 47.12009, 24 hour high: 50.00000, 24 hour vwap: 48.51496
assbot: [MPEX] [O.BTCUSD.C510T] 250 @ 0.10675 = 26.6875 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 750 @ 0.10948345 = 82.1126 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 250 @ 0.10948345 = 27.3709 BTC [+]
gribble: Error: "cakc" is not a valid command.
assbot: [MPEX] [O.BTCUSD.C490T] 500 @ 0.12927863 = 64.6393 BTC [+]
gribble: BTCUSD ticker | Best bid: 51.00001, Best ask: 51.01000, Bid-ask spread: 0.00999, Last trade: 51.00000, 24 hour volume: 59546.54465887, 24 hour low: 47.12009, 24 hour high: 51.01000, 24 hour vwap: 48.67395
assbot: [MPEX] [O.BTCUSD.C410T] 4 @ 0.23958397 = 0.9583 BTC [+]
Bowjob: in anything, TA is bullshit
deadweasel: it almost feels like classical conditioning0
kakobrekla: i have been saying this for a while now, the more world goes to shit, the better for btc
Bowjob: fundamentals beats all!
Bowjob: we are the new wealthy elite
Bowjob: im just gonna sit this out, waiting for my avalon
gribble: BTCUSD ticker | Best bid: 52.00000, Best ask: 52.12000, Bid-ask spread: 0.12000, Last trade: 52.00000, 24 hour volume: 61002.40967740, 24 hour low: 47.12009, 24 hour high: 52.12000, 24 hour vwap: 48.74625
Bowjob: just watch the price here
Bowjob: the orderbook is skewed
Bowjob: some people seem to be dumping
Bowjob: i welcome you, my cyprus and spanish friends
kakobrekla: meanwhile in antartica: ltc down to 0.01
Bowjob: fuck this shit im cancelling LTC
gribble: BTCUSD ticker | Best bid: 52.10000, Best ask: 52.11999, Bid-ask spread: 0.01999, Last trade: 52.10000, 24 hour volume: 61104.42476205, 24 hour low: 47.12009, 24 hour high: 52.12000, 24 hour vwap: 48.75342
assbot: [MPEX] [S.MPOE] 11300 @ 0.00075127 = 8.4894 BTC [+]
gribble: There are currently 6286.4465 bitcoins demanded at or over 50.0 USD, worth 315601.470911 USD in total. | Data vintage: 44.1438 seconds
assbot: [MPEX] [S.MPOE] 1487 @ 0.00076717 = 1.1408 BTC [+]
gribble: There are currently 7952.6316 bitcoins demanded at or over 49.0 USD, worth 397741.218334 USD in total. | Data vintage: 53.4991 seconds
mircea_popescu: “We want to be the grownups in the Bitcoin space,” said chief operating officer Ryan Singer in an interview.
benkay: second only to new yorkers in arrogant fuckery
mircea_popescu: fucking tradition in bitcoin, retards posturing as ":the adults:"
mircea_popescu: next kludge is going to come back from the dead wanting to be the adult in bitcoin or some shit.
benkay: it's how you raise capital
Bugpowder: what the fuck is up with their photos
benkay: i don't understand the fixation with exchanges.
Bugpowder: I see they swapped out the original
Bugpowder: which was them looking hammered, holding a drink
mircea_popescu: benkay it's like the notion that bitcoi nwill grow through retail adoption
benkay: derp harder, oh my countrymen
gribble: BTCUSD ticker | Best bid: 51.73600, Best ask: 51.93701, Bid-ask spread: 0.20101, Last trade: 51.73801, 24 hour volume: 64139.42338876, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 48.93122
Bugpowder: wear a fucking suit for your fucking presentation to the world dipshits
mircea_popescu: Bugpowder the only thing the rental store had was a pink tux and a strapless sperm-white gucci dress
parseval: FinCEN's statement on applicability of regulations to virtual currencies, posted today
kakobrekla: anyone singed up for that prime idiotism?
benkay: where did you find that, parseval?
mircea_popescu: This guidance refers to the participants in generic virtual currency arrangements, using the terms "user," "exchanger," and "administrator."6 A user is a person that obtains virtual currency to purchase goods or services.7 An exchanger is a person engaged as a business in the exchange of virtual currency for real currency, funds, or other virtual currency. An administrator is a person engaged as a business in issuing (
mircea_popescu: putting into circulation) a virtual currency, and who has the authority to redeem (to withdraw from circulation) such virtual currency.
parseval: A final type of convertible virtual currency activity involves a de-centralized convertible virtual currency (1) that has no central repository and no single administrator, and (2) that persons may obtain by their own computing or manufacturing effort.
parseval: A person that creates units of this convertible virtual currency and uses it to purchase real or virtual goods and services is a user of the convertible virtual currency and not subject to regulation as a money transmitter. By contrast, a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location
parseval: and is a money transmitter. In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.
mircea_popescu: to be an administrator it substantively requires you have the ability to withdraw units.
parseval: Looks like MtGox is getting out just in time
mircea_popescu: to be a transmitter it substantively requires you blabla as part of acceptance/transfer of funds/currency/etc.
parseval: You have to follow the BSA as a transmitter
parseval: Which means all sorts of recordkeeping and reporting regulations
smickles: looks like they are trying to say anyone who buys or sells bitcoin for fiat is a money transmitter
mircea_popescu: A person must exchange the currency of two or more countries to be considered a dealer in foreign exchange.19 Virtual currency does not meet the criteria to be considered "currency" under the BSA, because it is not legal tender. Therefore, a person who accepts real currency in exchange for virtual currency, or vice versa, is not a dealer in foreign exchange under FinCEN's regulations.
mircea_popescu: kinda nice to have them come out with "it is not a currency" statement.
BitHub: they class it the same as wow gold here
smickles: BitHub: if you buy wow gold you're a money transmitter?
smickles: that doc says if you buy a decentralized virtual currency, you are a money transmitter
smickles: which has a whole shebang of regulation
parseval: I think it's just if you sell it
Bowjob: im just sitting here fapping getting rich
Bowjob: i ougtta work or something. this feels cheating
deadweasel: coinbase just took my txn. given their history that doesn't mean anything.
Bugpowder: That FinCEN thing looks interesting
Bowjob: work at like mcdicks. make more money than the manager
smickles: i might actually have to pay federal income tax this coming year if this shit keeps up
BitHub: cant you just hide your coins and tell them you got hacked?
smickles: deadweasel: not when you trade it for usd
BitHub: cash out in another country
parseval: Or buy USD on an auction house
smickles: mircea_popescu: i'm not, it's just that i'm poor and haven't done it yet
smickles: also, they gave me ~4kusd for my kid this year
deadweasel: because 51%+ goes to something worse than churches
BitHub: right mircea because MPEX is paying coporate tax right?
BitHub: right so if everything is in btc why pay tax?
BitHub: i got hacked and all my coins are gone
smickles: if stuff like the fincen doc keep popping up, bitcoin 'revenue' isn't revenue
Bugpowder: bartering tokens are still taxable
mircea_popescu: of course, it wouldn't be the first time this here bird is considered a duck for the purpose of X law and a goose for the purpose of y law
BitHub: isn't your juridiction cyberspace?
smickles: Bugpowder: but it's taxed in a whole different way if you barter with it
smickles: that's right, mircea_popescu is an umpyr
gribble: BTCUSD ticker | Best bid: 50.83101, Best ask: 51.11538, Bid-ask spread: 0.28437, Last trade: 51.29899, 24 hour volume: 66200.90710021, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.02600
gribble: BTCUSD ticker | Best bid: 50.83101, Best ask: 51.11538, Bid-ask spread: 0.28437, Last trade: 51.29899, 24 hour volume: 66200.90710021, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.02600
gribble: There are currently 14319.578 bitcoins offered at or under 54.0 USD, worth 768614.569271 USD in total. | Data vintage: 150.8870 seconds
mod6: Bugpowder: yeah thought that was weird
BitHub: When it comes to Tax why give money to a useless middleman that does a pretty terrible job at making the best of your money to make a better country, actually just waste alot, there's no point paying them when i can just hire people to make the country a lil bit less shit.
BitHub: i like to build parks, and roads, and speedhumps
mod6: something like deepbit payments or something
gribble: BTCUSD ticker | Best bid: 50.83101, Best ask: 51.11538, Bid-ask spread: 0.28437, Last trade: 51.29899, 24 hour volume: 66200.90710021, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.02600
Bugpowder: Looks like 5000 BTC getting bounced from addresss to address with 2BTC missing each time
mod6: yeah something like 6500 upto 7600
gribble: BTCUSD ticker | Best bid: 50.83101, Best ask: 51.11538, Bid-ask spread: 0.28437, Last trade: 51.29899, 24 hour volume: 66200.90710021, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.02600
gribble: BTCUSD ticker | Best bid: 50.20001, Best ask: 50.80000, Bid-ask spread: 0.59999, Last trade: 50.20001, 24 hour volume: 70775.46761279, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.16174
Bowjob: $50 is the new paradigm
Bugpowder: maybe its not stale... looks right
Bugpowder: How many russians are thinking of putting 1% in bitcoin.
deadweasel: the number in here listening Bugpowder
deadweasel: ssssshhhhhh, were hunting bitcoin... wascally bitcoin
gribble: BTCUSD ticker | Best bid: 50.53002, Best ask: 50.82998, Bid-ask spread: 0.29996, Last trade: 50.52002, 24 hour volume: 70828.14155647, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.16342
benkay: are there any good charts of goxlag?
benkay: given recent biz moves
pgp: tradehill looks like their down - soiled themselves already...
pgp: only adults have crossed order books...
pgp: at least that never happens on gox... lol
gribble: BTCUSD ticker | Best bid: 50.79898, Best ask: 50.79899, Bid-ask spread: 0.00001, Last trade: 50.79898, 24 hour volume: 71294.17494196, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.17302
benkay: is it unreasonable to ask for goxlag in the ticker?
pgp: how it it that bitcoinity is updating and gox's US "Partner" coinlab isn't...
smickles: < benkay> is it unreasonable to ask for goxlag in the ticker? << nanotube
pgp: betcha that bitcoinity could do some sort of gox lag chart...
gribble: BTCUSD ticker | Best bid: 50.79898, Best ask: 50.79899, Bid-ask spread: 0.00001, Last trade: 50.79898, 24 hour volume: 71294.17494196, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.17302
gribble: BTCUSD ticker | Best bid: 50.79980, Best ask: 50.85000, Bid-ask spread: 0.05020, Last trade: 50.85000, 24 hour volume: 71804.32426947, 24 hour low: 47.12009, 24 hour high: 52.87500, 24 hour vwap: 49.19010
mircea_popescu: asciilifeform was discussed here just a day or two ago
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009998 BTC [-]
mircea_popescu: not something that can in principle be refuted, is it ?
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.84 = 2.52 BTC [-]
mircea_popescu: asciilifeform you can measure (a good portion of) mpex's inbound btc, for that matter.
mircea_popescu: this is an open problem generally, there's even a serious bounty out for a certain formulation of it
mircea_popescu: there's like 5k bucks waiting to be won by some clever chap there
BitHub: Asset Protection, Privacy and Bitcoin for Solo Entrepreneurs Part 1/8
dub: one does not simply walk into passthrough
kakobrekla: - perpetual thinker, - permanent tourist, - possibility thinker - privacy techincian, - pirate pass through
dub: proffessional thetan?
mircea_popescu: Every client will receive a $75 credit to test trading and can activate an account with a deposit of at least $10,000, 200 Bitcoins, or $5,000 in Mt. Gox codes.
kakobrekla: give us a million and you get free cookie
pgp: I'm embarassed for them...
pgp: cleaned out their book , I see... My, my, what DEEP pool of liquidity they have...
kakobrekla: Ryan Singer > Kurt Durjan • 9 hours ago −
kakobrekla: Please email us at claim@tradehill.com and I will put you in touch with the person doing payouts for the old company
pgp: yikes... crossed order book is back!
pgp: are those sell orders @ 50 supposed to be AON orders or something - still doesn't make sense...
mircea_popescu: which isn't the dorks in the pic nor anything named tradehill
kakobrekla: we need some press site with some powah
pgp: book finally uncrossed... more lag than gox?
pgp: awesome! $1.50 spread
pgp: oops book gone again
kakobrekla: thes end of the world once per week on these exchanges
smickles: yeah, i'm not seeing any issue
smickles: and mpex proper is still there
smickles: pgp: if you're still having issues with the websites, use assbot or mpexbot
pgp: not a problem for me right now, just noting that website it inaccessible...
jborkl: they are both down,404.doesnt matter to me but just to let you know
smickles: weird, they are both up for me
jborkl: knowmultiple ip,same 404 errors on al
smickles: mpexbot should work even if mpex.co is down
smickles: mircea_popescu: are you seeing this?
smickles: mpexbot is getting a lot of network.in
smickles: mpexbot's load average is up to 0.08
pgp: 48 min since last block mined
mircea_popescu: 174.127.72.233/mpex/ << direct addressing also if it's a local dns issue/poisoning
midnightmagic: mircea_popescu: traceroute ends at 173.192.118.141 ( po2.fcr02.sr02.dal05.networklayer.com )
pgp: mp - that doesn't work either
assbot: [MPEX:S.DICE] 1D: 0.0051 / 0.0051 / 0.0051 (6227 shares, 31.76 BTC), 7D: 0.00444444 / 0.00514093 / 0.00599987 (75748 shares, 389.42 BTC), 30D: 0.00300001 / 0.00609733 / 0.0069 (2299780 shares, 14,022.52 BTC)
mircea_popescu: midnightmagic that's normal, it's the top level router of the dc
pgp: proxies don't seem to work
midnightmagic: mpex.ws doesn't resolve. same with mpex.bz, and.. hrm.. 216.182.224.87 (216.182.224.87) for the coinbr proxies.
midnightmagic: mircea_popescu: It's not normal for a traceroute to fail to traverse..
pgp: just sayin' - can't get to website... trying to offer datapoint from nyc area...
midnightmagic: mircea_popescu: Are you getting bent over by someone..?
midnightmagic: mircea_popescu: My traceroute is from northern california..
midnightmagic: mircea_popescu: That might just be cached. (the whois part)
midnightmagic: mircea_popescu: Do you have access to a looking glass?
Bugpowder: dies here : po2.fcr02.sr02.dal05.networklayer.com (173.192.118.141) 131.070 ms
smickles: i've got a server in california
midnightmagic: smickles: Does your upstream give you bgp looking glass access?
Bugpowder: Actually, the DC Level 3 ip tried for 50 secondes then sent it thru Dallas, where it also failed.
midnightmagic: it would certainly be interesting if it were part of something deliberate. :-/
mircea_popescu: 2 Timed out 1 0 4.69.145.204 ae-4-90.edge2.dallas3.level3.net
mircea_popescu: 3 7 7 7 4.59.36.94 softlayer-t.edge2.dallas3.level3.net
mircea_popescu: 4 8 7 8 50.97.18.195 ae6.dar01.sr01.dal05.networklayer.com
mircea_popescu: 5 10 8 7 173.192.118.139 po1.fcr02.sr02.dal05.networklayer.com
mircea_popescu: 6 8 8 8 174.127.72.233 174.127.72.233.static.midphase.com
smickles: midnightmagic: i'm so noob on this topic, i don't even know
smickles: my cali traceroute didn't look special
Bugpowder: still hanging at po2.fcr02.sr02.dal05.networklayer.com (173.192.118.141) 89.246 ms
smickles: it must be in a different part
midnightmagic: maybe iran screwed their bgp advertisements up again
Bugpowder: 172.127.72.233 loads for me... text only, but the /mpex does not
smickles: text only? you're looking at the site as intended
pgp: although 174.127.72.233/mpex.co/ does resolve...
pgp: the google translator has the article beginning with "May be the reasons explained when talking about behavioral deviations , or if it is not of course a conspiracy of blacks, Jews, Masons, English and former wives . It is true that I lean toward the first explanation, "What do I know?"
pgp: fascinating material - really...
pgp: I'm sure google isn't capturing the nuance of message...
mircea_popescu: anyway, i've told sysadmin ppls, see what they come up with
dub: you should stick some soa elsewhere so we can at least tell when you're gettign dosed
mircea_popescu: dub best i can tell there's some dns poisoning going on
pgp: although lumping in "former housewives" (or should it just be former wives) in with blacks, jew, mason and... english does strike me as subtly genius on a level that I'm not quite sure I understand....
dub: um I don't think thats teh right question
dub: I can reach 174.127.72.233
mircea_popescu: if you update your dns to have mpex.co resolve there you're good to go.
dub: and polimedia is not resolving
jborkl: polimedia.us not resolving
mircea_popescu: not clear if intentional or accidental, if directed at mpex or just affecting some users, but the dns's are borkt.
dub: your problem is the soa is unreachable
dub: well your soa records are on your domain
dub: if I cant resolve soa for polimedia.us im not goign to be able to ask ns1/2.polimedia.us how to get there
pgp: btw 174.127.72.233/mpex.co/ seems to resolve to random MP musings...
mircea_popescu: if some user gets his dns fucked up and can't resolve that server
mircea_popescu: dub ns1/2 are registered as ns's tho, pretty much every dns server should know them by ip
pgp: I'm now getting: Moment poetic.
pgp: Octombrie 25, 2010 | Autor: Mircea Popescu
pgp: De-ai adormi iubito pe linia ferata
pgp: Imbujorate trenuri te-or ocoli tiptil
pgp: Din ceruri au sa ninga baloturi mari de vata
pgp: Vor fi betii de roua, se va dansa cadril.
dub: mircea_popescu: they will cache them for however long you instruct them to, then they will have to ask you again
dub: but only after someone asks them
dub: anyone this doesnt work for do: dig +trace polimedia.us
dub: for me there is no 'glue' in the root
mircea_popescu: ;; Received 228 bytes from 127.0.0.1#53(127.0.0.1) in 49 ms
gribble: Error: "Received" is not a valid command.
mircea_popescu: ;; Received 98 bytes from 156.154.127.70#53(c.cctld.us) in 50 ms
gribble: Error: "Received" is not a valid command.
jborkl: mobile 4g service reaches it fine
mircea_popescu: somebody fucked up their dns best i can determine atm.
jborkl: ok back up on all ip tried
dub: mircea_popescu: anyway, use another domain for SOA
dub: except we cant reach mpex or polimedia
gigatube: Call the system administrator!
dub: its been a long time since I gave a shit about dns so I cannot elucidate
dub: being 7 hours into a fault bridge dun't help
dub: suffice to say you have engineered yourself a spiffing spof there
mod6: dig @a.cctld.us polimedia.us ANY << so if you dig here, you get the forward zone, its just the gtld-servers that don't return a valid pointer
mod6: someone is doing something funny though
mod6: same thing with this: dig @a.cctld.us mpex.co ANY
mod6: they both have the same NS entries
mod6: mpexbot is still working as far as I can tell...
dub: I think his ns are just gettign hit
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid (1 more message)
assbot: [MPEX:S.DICE] 1D: 0.0051 / 0.0051 / 0.0051 (6227 shares, 31.76 BTC), 7D: 0.00444444 / 0.00514093 / 0.00599987 (75748 shares, 389.42 BTC), 30D: 0.00300001 / 0.00609733 / 0.0069 (2299780 shares, 14,022.52 BTC)
mod6: and, yeah, i got a successful stat back
mod6: what's strange is that even if they're blasting his NS's and trying to poison them, that shouldn't effect the gltd??
dub: dig @63.247.64.93 polimedia.us ANY +short
dub: noerror but no record either
dub: but I'm seeing 25% PL to them too
mircea_popescu: confirms that Chase Bank's website has indeed been hacked
mod6: dub: hmm. yeah i guess us and cc have they're own tld servers.
assbot: [BTCTC] [GSDPT] 1 @ 0.00499 BTC [+]
gribble: There are currently 2699.4102 bitcoins offered at or under 54.0 USD, worth 143185.579577 USD in total. | Data vintage: 0.0012 seconds
benkay: those ripple weirdos, amirite?
benkay: i thought we were evolving past debt-based economies
gribble: There are currently 14956.903 bitcoins offered at or under 60.0 USD, worth 851660.539216 USD in total. | Data vintage: 50.4408 seconds
benkay: some of us are trying to i now understand
mod6: oh bummer, this is pretty funnay
mod6: i like the guy @ 1:20 or so, cracks me up
mod6: and by "guy" i mean the goat, not the actual human
dub: people on this call thinking im nuts now
gribble: There are currently 1728.8819 bitcoins offered at or under 53.0 USD, worth 91113.8927114 USD in total. | Data vintage: 0.0012 seconds
mod6: anyway, i guess im just dusty
mod6: cuz back in the day they didn't have fancy ass tld's like co, or us lol
Chaang-Noi: they are fail for drop shipping anyway
Chaang-Noi: if i was in the usa i would offer a much better service, i have shitloads of stuff in stock already
benkay: some bureaucrats won at making bitcoin welcome in america
benkay: or whatever their name is
benkay: the way i see this is that some bureaucrats decided to let bitcoin grow on its own here
benkay: don't click that link if you value your privacy
BitHub: usa bitcoin companies are fucking idiots
BitHub: feel like herston at the end of planet of the apes
BitHub: you maniacs you blew it up
mod6: why are yall worried?
assbot: [MPEX:S.BBET] 1D: 0.0018 / 0.0018 / 0.0018 (17450 shares, 31.41 BTC), 7D: 0.0015 / 0.00189869 / 0.002014 (48750 shares, 92.56 BTC), 30D: 0.0015 / 0.00180983 / 0.002014 (135256 shares, 244.79 BTC)
benkay: the usg has a tendency to overreact, and may yet
benkay: but sometimes they let things be and try to just go after criminals
BitHub: because bitcoin is going get gang banged by western laws and regulation
benkay: our government is like a pmsing older sister
benkay: sometimes arbitrarily bitchy
BitHub: they will fail if you're not based in usa
benkay: sometimes is like "hey kid have a joint"
BitHub: if your usa resident of usa bitcoin company consider yourself fucked
Bugpowder: VC's have money and may have been waiting for legal guidanc
mircea_popescu: ok, dns poisoning should be clearing atm by special arrangementy
benkay: i don't need to not pay taxes to live off bitcoins
assbot: [MPEX:S.MPOE] 1D: 0.00066743 / 0.00069359 / 0.00076717 (465282 shares, 322.72 BTC), 7D: 0.00066743 / 0.00071669 / 0.00077241 (2302852 shares, 1,650.44 BTC), 30D: 0.00061614 / 0.00070265 / 0.00078628 (40174787 shares, 28,229.00 BTC)
Bugpowder: The more clarity there is to the marketplace the more willing people are to invest and build companies
benkay: i don't need to not pay taxes to build profitable businesses period.
BitHub: just email the gov your wallet.dat file and give up
benkay: great for network. forces miners to spend in-network.
Bugpowder: cause who really is gonna hunt u down over 25BTC
BitHub: the gov gave up on google and apple
BitHub: and now going after everyone else
Bugpowder: so breaking up guilds is kinda good too. BTCguild went over 40%
BitHub: thank christ not a usa resident or usa bitcoin company
benkay: i want to meet the people who wrote those regulations
Bugpowder: Coinlab et al, is unclear. Could be a tougher road, but leaves a path open.
mircea_popescu: On a more general note : the time of cowboy style, “one man and his hopes” fiat-BTC exchanges has passed. The exchange market is moving into a new phase. There is room on it for MtGox, on account of its old age and well known brand, and for people like the Frenchies doing that bitcoin-central partner-with-a-bank thing. All other exchanges are going out, and things being what they are the majority of them will be go
mircea_popescu: Because of this, keeping money in any other fiat-BTC exchanges than those two is pretty much cruisin’ for a bruisin’. Spot sellers may still be safe for a while, select ones may even be safe forever (as they’re a subset of the OTC style marketplace), but for better or worse cowboy exchanges are a thing of the past.
Bugpowder: A real company will be able to pass regs
BitHub: yeah i cant wait to use paypal's bitcoin service
benkay: as a normal user it'll be perfect, bithub
BitHub: i cant wait to have all the old dinosaur fucks involved
mod6: except when they "freeze" your private key lol
benkay: yeah, but norms don't need to care about that
mod6: ok just send me ur btc plz
gribble: BTCUSD ticker | Best bid: 51.74014, Best ask: 51.99996, Bid-ask spread: 0.25982, Last trade: 51.99998, 24 hour volume: 75673.06898668, 24 hour low: 47.20000, 24 hour high: 52.87500, 24 hour vwap: 49.44165
Bugpowder: Regualtory pressure was my biggest worry
BitHub: if it hits 100 im cashing out for good
BitHub: and moving onto something else
BitHub: move onto it quickly before it gets raped by western laws and regulation
benkay: i see a road to acceptance in america.
benkay: it'll be hard and it'll take leadership
Bugpowder: This the the DREAM act for bitcoin
BitHub: you'll just have the same old dinosaurs controlling bitcoin
BitHub: to be honest id rather go back to cash
Bugpowder: I am 75% sure that IRS will issue tax guidance before year end too
benkay: someone put this into the title
mircea_popescu: Bugpowder if it reads like youi want it to read we're golden
mod6: no white flags, only black flags
BitHub: this is only revelent to USA people right?
Bugpowder: don't leave them parked on exchances
BitHub: so i shouldn't give a shit?
Bugpowder: Naw... Has major exchage rate implications
Bugpowder: If it fucks liquidity that will be bad short term
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.831 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.831 BTC [-]
Bugpowder: But I think the market will view as net positive
error4733: they alway hit the money first (fiat
benkay: "users of virtual currency"
BitHub: good luck trying to cash out 1 million dollars
mod6: why would you want to cash out to near-worthless fiat?
BitHub: i'm not doing anything criminal
Bugpowder: Suppose you wanted to buy a Tesla.
Bugpowder: Elon has not responded to my tweets re: the Bitcoins for Tesla plan
BitHub: BitHub paid for those tits
Diablo-D3: Elon likes Bitcoin but wont publically state it
BitHub: i'm a contractor for BitHub
Bugpowder: Got a friend who has dinner with him occasionally
BitHub: so is the gov goign to tax me from my job or from bitcoin/
BitHub: anyway my wallet got hacked
Bugpowder: Its the return of the Honest John system
BitHub: yeah got to cash out secretly
Bugpowder: I might have to take down my localbitcoins profile though
benkay: that's what the irs ruling will determine
BitHub: like an actual drug deal
benkay: or buy stuff with them
dub: why not just pay tax you fucking leeches
Bugpowder: I am still waiting for my headphones
dub: you get a society, pay for it
BitHub: yeah dub's right we should pay tax on it to get more guns
BitHub: we don't have enough guns in america
error4733: i live in nigeria i dont have society
mircea_popescu: dub i don't mind paying whores, but only if they're on their knees.
benkay: you can also think about taxation as endorsing your local government
BitHub: why pay a middleman that does a shit job at creating a society?
dub: BitHub: I dont live in america, I pay tax to get healthcare, education, a working society
BitHub: its already at about 30-35 %
dub: and yes look after people less useful than me
dub: but its cheaper to feed them than let them die
error4733: be happy, you could leave in Cyprus
BitHub: its a sick joke anyway
gribble: There are currently 0 bitcoins offered at or under 30.0 USD, worth 0.0 USD in total. | Data vintage: 0.0011 seconds
gribble: There are currently 148225.44 bitcoins demanded at or over 30.0 USD, worth 5579457.76514 USD in total. | Data vintage: 0.0145 seconds
mircea_popescu: <dub> but its cheaper to feed them than let them die <! ?what ?
BitHub: try and put real life bullshit rules on me
gribble: There are currently 57979983 bitcoins demanded at or over 0.0 USD, worth 8084076.7019 USD in total. | Data vintage: 23.3481 seconds
dub: mircea_popescu: having people dying about the place is a big burden on society
dub: its cheaper to give them $20k/year to buy ciggaretes and gamble
BitHub: why don't the gov get their money off google and apple first
BitHub: get them to pay their proper tax
Bugpowder: not really. Healthcare is the main gov cost
Thinker: its cheaper in the long run to let them die off
benkay: big blowout around 10m
dub: mircea_popescu: cheaper than scraping them up out of teh gutter
BitHub: so broke, they'll have to live by china's rules soon anyway
mircea_popescu: you can do that with power tools, costs nothing per pound
dub: its also a shitload cheapt than sticking them in prison
mircea_popescu: and the value of me showing random forum idiots what happens iof they continue is > 9000
mircea_popescu: this is the problem with unbeaten children and "everyone living comfortably"
dub: well the reality is this shit is factually correct
mircea_popescu: dub not rly. you just want it to be correct so as not to be forced to reevaluate the coolaid you've been fed.
Thinker: cut off the entitlements. that will make them choose between work or death. remove the safety nets that are being used like hammocks.
dub: no, I understand the economics of it
dub: what you are advocating for is america
dub: and that is clearly working well
mircea_popescu: i mean forget the strawmen and red herrings for a second.
mircea_popescu: the cost of pushing dead bodies with a bulldozer vs the cost of pretending like the idiots are people.
dub: the problem is pushign the dead into a hole is not the only cost, there is fallout
BitHub: here we go again, make something illegal for the lil guys, but really expensive licencing for the big boys
mircea_popescu: familiar with the millions for defense but not a penny in bribes line ?
BitHub: would you pay a guy alot of your money if all he did was cockblock you from a really hot girl all the time?
Bugpowder: How expensive will this licensing actually be?
dub: ok, perhaps the problem is that we are already at a toage of societal evolution where reverting ro your ideal is not feasable
BitHub: expensive, bet your ass on that
BitHub: Money Transmitter license
dub: not without some genocide at the front
Bugpowder: Lawyers are expensive, but its still pretty hard to hit $1MM on a single tranactional licensing setup
mircea_popescu: as long as i got the money you're not telling me what's feasible.
BitHub: tax is just another life's scams
mircea_popescu: bitcoin is pretty much the end of mandatory taxation. society will have to cope.
benkay: government's that actually work
benkay: shit yeah oh i totally get it
benkay: government as a service
BitHub: your first statement mircea brings me alot of relief
Thinker: socialism ("free" stuff from government) disrupts natural selection.
mircea_popescu: watch cops help old ladies cross the street on this model.
dub: socialism does nto provide free stuff
benkay: cops may actually have to engage in dialogue with citizens
benkay: about what should be enforced
BitHub: intead of just beating them?
Thinker: cops will realize that yes, we are their boss and not the other way around.
Bugpowder: There are almost 40,000 registered money transmitters in the US
dub: and cops are already scum of the earth
Bugpowder: It costs $1000 to register in Washington state
dub: if you are not good at anything you become a cop or a teacher
benkay: departments aren't interdependent
benkay: forest service can accept "tithe"
dub: if you can handle a mop you go into the janitorial arts which probalby pays better
Bugpowder: SO..... If coinlab can't handle something of this moderate level of effort and cost, I don't want to deal with them
Thinker: i know how we can get more people employed. eliminate minimum wage and entitlements.
benkay: i haven't felt like this since reading ayn rand as a wee one
dub: benkay: thats all well and good, but really you are just reinventing states
benkay: one must keep riff raff like you out
BitHub: so you just need a 1000$ licence?
mircea_popescu: and moreover, they're about as socialist as the uk by now
benkay: this enables sea farming
Bugpowder: So, my reading of the FinCEN guidance is more positive now that it is established that it costs $1000 to register in WA. I don't know if that let's you operate in other states as well, but if you need to register in all states then lets say $50,000 and a pain in the ass.
Bugpowder: BitHub: Looks like it. It would take some lawyer time to make sure the t's are crossed and i's dotted.
Bugpowder: Sure. But this is PEANUTS for a real company
mircea_popescu: on top of 20+ btc expected from bet resolutions there's about 10btc or so coming from people who tried to leech the btc/usd rate bet and got in too late.
BitHub: so better to have paypal in there then say give me a go
mod6: they tried to game the weight along side of the exchange rate?
mod6: anyway, thats interesting. thanks for the heads up mp.
mircea_popescu: it's reallty delicious when wanna-be cheaters get rammed.
mod6: mpex.co seems to work fine for me over
http now
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 37.53972864 / 42.55721868 / 57.53184036 (20165 shares, 3,142.64 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
kakobrekla: they are refunded if they come before bet is closed but after the event
assbot: [MPEX:S.BBET] 1D: 0.0018 / 0.0018 / 0.0018 (17450 shares, 31.41 BTC), 7D: 0.0015 / 0.00189869 / 0.002014 (48750 shares, 92.56 BTC), 30D: 0.0015 / 0.00180983 / 0.002014 (135256 shares, 244.79 BTC)
assbot: Last trade for S.BBET on MPEX was at 0.0018 BTC [+]
mod6: need a volume data point maybe
kakobrekla: > however this stock is going to be better than fiat.
mod6: growing up here in the U.S. I was taught to hate all paper currency that wasn't backed by sound money. but then they go, "well, except we don't have the ``gold-standard'' any more since they went off the Bretton Woods system." "Ummm.. so what do they do now???" "Well they say we have this petro-dollar"...
mod6: "ok so why did we go off the gold standard?" "to pay for the vietnam war.." "so what do we do when it goes to 0?" "hopefully that'll be long after we're gone..."
assbot: [MPEX:S.DICE] 1D: 0.0051 / 0.0051 / 0.0051 (6827 shares, 34.82 BTC), 7D: 0.00444444 / 0.00514061 / 0.00599987 (76348 shares, 392.48 BTC), 30D: 0.00300001 / 0.00609701 / 0.0069 (2300180 shares, 14,024.24 BTC)
assbot: [MPEX] [S.MPOE] 1544 @ 0.00073702 = 1.138 BTC [-]
assbot: [MPEX] [S.MPOE] 7570 @ 0.00073701 = 5.5792 BTC [-]
Chaang-Noi: or maybe not, its not like people are making cars... :/
assbot: [MPEX] [S.MPOE] 5827 @ 0.0007431 = 4.33 BTC [+]
Namworld: Looks like I'm only earning 4 BTC weekly on my stuff...
Namworld: Guess I need to keep working on my portfolio.
Chaang-Noi: $800 a month not bad, but why not just asicminer? :)
Namworld: I got a bit of ASICMINER. Not enough in my taste but anyway.
dub: !ticket btctc ASICMINER-PT
dub: !ticker btctc ASICMINER-PT
assbot: [BTCT:ASICMINER-PT] 1D: 0.82 / 0.85386 / 0.870899 (86 shares, 73.4 BTC), 7D: 0.695 / 0.79714 / 0.9489 (1507 shares, 1201.3 BTC), 30D: 0.65 / 0.74566 / 1 (2960 shares, 2207.2 BTC)
gribble: There are currently 921.05612 bitcoins offered at or under 53.0 USD, worth 48812.979279 USD in total. | Data vintage: 0.0012 seconds
gribble: [03:04:10] <Chaang-Noi> ;;asks 53
BitHub: batch 3 worth getting?
Chaang-Noi: without doing the math and the guess work, i would say i think so
gribble: There are currently 722.61371 bitcoins offered at or under 53.0 USD, worth 38298.5268802 USD in total. | Data vintage: 0.0012 seconds
gribble: There are currently 0 bitcoins offered at or under 52.99 USD, worth 0.0 USD in total. | Data vintage: 7.9715 seconds
gribble: There are currently 38.803471 bitcoins offered at or under 52.99 USD, worth 2056.19594419 USD in total. | Data vintage: 0.0013 seconds
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
gribble: BTCUSD ticker | Best bid: 53.11001, Best ask: 53.48997, Bid-ask spread: 0.37996, Last trade: 53.11001, 24 hour volume: 86658.81830554, 24 hour low: 47.31000, 24 hour high: 53.87500, 24 hour vwap: 49.98340
gribble: There are currently 0 bitcoins offered at or under 34.0 USD, worth 0.0 USD in total. | Data vintage: 20.6629 seconds
gribble: There are currently 482.93073 bitcoins offered at or under 54.0 USD, worth 26065.6459656 USD in total. | Data vintage: 23.7521 seconds
gribble: There are currently 6252.8908 bitcoins offered at or under 55.0 USD, worth 342685.770975 USD in total. | Data vintage: 45.6435 seconds
gribble: Error: "gox" is not a valid command.
gribble: There are currently 897.77964 bitcoins offered at or under 54.0 USD, worth 48343.2061181 USD in total. | Data vintage: 33.4904 seconds
kakobrekla: >I totally agree and we understand this. Timing is crucial and we have only a couple of months to make serious profits. Bitfury did not sleep for last 2 days :-)
kakobrekla: well, he he has the best know-how of them all
Line_: what's this password thing?
Chaang-Noi: im not sure who is doing the bitfury, i did not follow that stuff to closely
kakobrekla: are you on the same internet as we are?
gribble: BTCUSD ticker | Best bid: 53.60000, Best ask: 53.69991, Bid-ask spread: 0.09991, Last trade: 53.60000, 24 hour volume: 87411.56184324, 24 hour low: 47.31000, 24 hour high: 53.87500, 24 hour vwap: 50.02467
Chaang-Noi: okay i did look at them before and assumed scam
kakobrekla: well dunno about the whole picostocks thingy
vampireb: hmm did they deliver the fcpga?
kakobrekla: 12:16.27 ( kakobrekla ) [12:13:26] well dunno about the whole picostocks thingy
kakobrekla: but someone dumped him 350k to make the prototype chip
kakobrekla: vampireb yup but the devices never seen the light of public
gribble: BTCUSD ticker | Best bid: 53.88798, Best ask: 53.88880, Bid-ask spread: 0.00082, Last trade: 53.88880, 24 hour volume: 87468.56354421, 24 hour low: 47.31000, 24 hour high: 53.88880, 24 hour vwap: 50.03290
Line_: anyone paid with bitpay on here before?
Bowjob: looks like avalon is gearing for number 3
Line_: There's no account i set up,right?
Line_: they have until the 15th according their website
Bowjob: they should by now. lots of ppl are reporting that they got theirs
Bowjob: i assume the rest are hush hush
Bowjob: i wonder if number 3 is a good buy
Bowjob: i wouldnt mind reselling them
Bowjob: mhm, id love another module on mine actually
Chaang-Noi: its hard for me to order batch 3 with not fully on batch 1
Bowjob: infinitely better than bfl, actually
gribble: There are currently 579.33782 bitcoins offered at or under 54.0 USD, worth 31281.906441 USD in total. | Data vintage: 40.3135 seconds
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.50754217 = 1.0151 BTC [-]
Bowjob: suddenly people who have money in their mattress seem so fucking smart
mjr_: smarter than people with money in cypriot banks
mjr_: less smart than people with money in bitcoins
Bowjob: I wanna travel to some other countries..
Chaang-Noi: 2/3 of the money is russian money.. and tehy thought the russan govt would tax it, muhahahaha
Bowjob: but I fear I might be a target as a tourist
Bowjob: id need some sort of body guard
kakobrekla: yeah i was paranoid too when i was checkin prime miner
Bowjob: i think ill just stay in canada. ive seen too many beheadings
Bowjob: mexico is one scary place
Chaang-Noi: i have been around, even war zones, no one has ever fucked with me
Bowjob: thailand seems a scary place too. ive seen bloated bodies everywhere
Bowjob: tho, the food is pretty nice
gribble: BTCUSD ticker | Best bid: 53.99001, Best ask: 54.00000, Bid-ask spread: 0.00999, Last trade: 54.00000, 24 hour volume: 87866.28367331, 24 hour low: 47.31000, 24 hour high: 54.00000, 24 hour vwap: 50.05095
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.50663276 = 1.0133 BTC [-]
gribble: 1 BTC = 53.98003 U.S. dollars = 41.7027426 Euros
tiberiusiv: cyprus losses are positive for the euro
tiberiusiv: people will now do due deligience when choosing banks vs accepting any ridiculous interest rate
Bowjob: I checked my bank, they advertised 1.89% GIC for 18 months as sizzling rate
gribble: There are currently 5818.8542 bitcoins offered at or under 55.0 USD, worth 319138.813903 USD in total. | Data vintage: 0.0012 seconds
tiberiusiv: bowjob: most of the depositors in cyprys were earning high rates for a decade +
tiberiusiv: bowjob: the cyprus banks held all their $$ in greek bonds
tiberiusiv: sure when deposit insurance guarantees your account
tiberiusiv: you dont care what the bank does with the $
tiberiusiv: the depositers are recieving a great deal, 9% loss or 100%
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.50663276 = 1.0133 BTC [-]
tiberiusiv: same is in the US, all deposits have been lent out, they are sitting in mortgages, ccs, bonds, carloans
mjr_: it's a wonderful life?
mjr_: yes, you don't actually have money in the bank
mjr_: you have a promise from the bank to pay you when you ask
tiberiusiv: if rates rise in the US the entire banking system will be insolvent
Chaang-Noi: so the insurance is not being paid? lulz, time for scammer tag
tiberiusiv: and there wont be quality assets for the fed to buy
mjr_: cyprus situation is fucked up
mjr_: scammer tag on cyprus govt?
tiberiusiv: chaang: its impossible for the government to insure the accounts, the insurance fund does not even cover 1%
tiberiusiv: chaang: for example in the US, the FDIC has maybe 1% in reserve to cover deposits
tiberiusiv: mjr_: depositors had over 2 years to realize cyprus banks were bust
tiberiusiv: how is it a sudden thing? everyone knew cyprus banks held all their assets as greek bonds
tiberiusiv: why were the locals all surprised, did they not read the news for the last 24 months lol
mjr_: that is not the point
mjr_: i am sure lots of people (prob those least likely to be harmed) got their money out
mjr_: the point is i gave you money, you said it was insured and that you would pay it when i asked, you broke your promise to pay
tiberiusiv: thats your fault for trusting in government
mjr_: since all you gave me in return for my money was your promise to pay, the fact that you can't do that one thing...scammer
tiberiusiv: you have thousands of years of history to look back on government defaulting
mjr_: and i don't keep money in banks
tiberiusiv: not to mention cyprys residents had 6 years since greece became shaky
mjr_: i'm just saying, more than likely it will be small business owners and average working people who will be hurt in cyprus
tiberiusiv: well theres a reason they are average and working
mjr_: they weren't using the bank as a "tax haven" they were using it as a "bank"
mjr_: anyway, i'm with you on that, don't trust govt or banks
mjr_: just saying, this is the reason i don't trust them
tiberiusiv: instead of spending most of their time watching sports and drinking wine they should have devoted even 30minutes to read the bear case
mjr_: whether they should have seen it coming does not excuse the fact that they did that
mjr_: and again, they get hurt, but not because they deserve it, it is of course in their best interest to look out for themselves and not get hurt
mjr_: but you still can find fault with the one hurting them
tiberiusiv: i think people should lose 100% of their deposits
tiberiusiv: teach people a good lesson about being naive and lazy
jurov: tiberiusiv, can i extend that to coinbr? but i have everything on mpex anyway :/
mircea_popescu: lol listen tiberiusiv, something like a 30 to 40% haircut => collapse.
tiberiusiv: 70 years of debt creation has to end at some point
mircea_popescu: this is true, but no government ever has or ever will survive a one third haircut of assets.
tiberiusiv: plus all the real wealth in the world will not be lost
tiberiusiv: well the only other option is to attempt to inflate away
tiberiusiv: problem with that arguement is the debt size is simply too large
tiberiusiv: in advanced economies the bond markets are huge, they will increase rates on any inflate attempts
tiberiusiv: total credit market debt in US is 58trillion, bernanke is having a difficult time creating 3tril
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
tiberiusiv: mircea: if it wasnt too large to inflate, then greek bonds would have been made 100% whole
tiberiusiv: you arent bailing greeks out but greek creditors
tiberiusiv: which are trade surplus nations like germany
mjr_: trade surplus just means "we make things people want"
tiberiusiv: no it means you run a vendor financing model
tiberiusiv: think of germany as a large department store, and all of its customers use only the store credit card to purchase goods
tiberiusiv: then the bill comes due and no one can pay
tiberiusiv: in the meantime all your factories are leveraged to the hilt from borrowing to expand, to meet fake demand
mircea_popescu: well... perhaps exaggerated but certainly something to it.
tiberiusiv: notice how german industry bought up so many firms over the last decade?
tiberiusiv: thats all from operational debt incurred to expand production of cars nobody could afford
tiberiusiv: largest losses will happen to creditors like germany at some point
mjr_: well...perhaps there is something to the old saying "neither a borrower or a lender be..."
gribble: BTCUSD ticker | Best bid: 53.79901, Best ask: 53.80000, Bid-ask spread: 0.00099, Last trade: 53.80000, 24 hour volume: 89545.76316294, 24 hour low: 47.31000, 24 hour high: 54.28880, 24 hour vwap: 50.13851
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.50240325 = 502.4033 BTC [-]
assbot: [MPEX:O.BTCUSD.P750T] 1D: 0.50240325 / 0.50243028 / 0.50754217 (1006 shares, 505.44 BTC), 7D: 0.50240325 / 0.50243028 / 0.50754217 (1006 shares, 505.44 BTC), 30D: 0.50240325 / 1.04607226 / 1.53153505 (29789 shares, 31,161.45 BTC)
mircea_popescu: that line got 30k worth of trades thios month, it;'s been crazy
mircea_popescu: "we hope to be able to finally be back to regular delays by April."
Chaang-Noi: what is the price on a call option for 30 d for 75 btc?
mpexbot: mircea_popescu: Asks: ['1 @ 1425081']
assbot: You know, I've had it up to here with this Indian malarkey.
mpexbot: mircea_popescu: Bids: ['1000 @ 2']
mpexbot: mircea_popescu: Asks: ['1 @ 1425081', '1000 @ 5181251']
mircea_popescu: costs you about half a btc to buy, get 2 satoshi per if you sell
assbot: [MPEX:O.BTCUSD.C410T] 1D: 0.23958397 / 0.23958397 / 0.23958397 (4 shares, 0.96 BTC), 7D: 0.23 / 0.23479198 / 0.23958397 (8 shares, 1.88 BTC), 30D: 0.12612881 / 0.19916485 / 0.23958397 (15018 shares, 2,991.06 BTC)
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.50210205 = 502.1021 BTC [-]
mjr_: what does the (4 shares, 0.96 BTC) mean?
mjr_: is that outstanding?
Chaang-Noi: so if i spent 1 btc i would get 20 contracts, so if btc went to 75 or more i then get them, or just the fiat over 75?
mjr_: mircea_popescu: thanks, that was me...so i was wondering why my trade was on there
mircea_popescu: mjr_ well... what do you mean why ? cause it was traded
Chaang-Noi: but the btc will be valued at the current price
Bowjob: wanna crash LTC again?
mircea_popescu: Chaang-Noi no, at the then current price. hence the /76 if price is 76
Chaang-Noi: bowjob i have been thinking about it, all down to .008 but not right now
Bowjob: id appreciate a heads up Lol
mjr_: mircea_popescu: was just curious, i sold half my position of the 41 calls for .96 btc (4 contracts) i still have four more :)
Bowjob: I managed to arb 6 BTC from 10 to 11
assbot: [BTCTC] [PAJKA.BOND] 9 @ 0.105 = 0.945 BTC [-]
Chaang-Noi: so to get 20x 1/76 a btc it would not be worth spending 1 btc, lol
mircea_popescu: if it goes to 200 you get 125 / 200 = .62 each x 20 = 13 btc so like 13x
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.105 = 1.05 BTC [-]
Chaang-Noi: .05 is just way to high, that low ass bid is fine,
Chaang-Noi: im sure they would love to have that filled
mircea_popescu: anyway, far out of the money calls are great from a fiat perspective. say you are sure btc is going to 500. what can you do ?
mircea_popescu: well... you could send 50k usd to an exchange and buy 1000 btc. but this takes time and all the bs.
assbot: [BTCTC] [PAJKA.BOND] 9 @ 0.105 = 0.945 BTC [-]
mircea_popescu: you could also buy 20 btc and then buy options with them, gain 400 btc exposure that way
Chaang-Noi: yerah there are uses for options, i used to trade them when oil was doing so well
Chaang-Noi: but that .05 price is just unreasonable
mjr_: its a nice way to give yourself exposure
mircea_popescu: so you look at it... well i bought 50 dollars worth of 1 btc, got 20 calls at 75, now i made 13 btc which are worth 200 each. so from 50 to 2600 dollars.
mjr_: is jurov on right now?
mircea_popescu: Chaang-Noi then probably selling puts is better for you
mjr_: i was wondering if you could write options on coinbr...
mircea_popescu: with all the problems us people have buying esp large ammts of btc
Bowjob: the oix changed drastically
mjr_: i would like to sell puts and buy calls at a certain price
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / 57.53184036 / 57.53184036 (6757 shares, 788.72 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
Bowjob: theres this house for sale in dallas
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.50180097 = 501.801 BTC [-]
mjr_: heard there was an apt for rent in bitcoins in spain
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.856 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8649 = 2.5947 BTC [+]
mjr_: did anyone hear about etoro? was that just a rumor?
mjr_: i couldn't find it on their site
Bowjob: i wish i didnt play dice back then lol
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8649 = 1.7298 BTC [+]
Bowjob: id have even more money now
Bowjob: i cant really complain.. ill be rich off of this
Bowjob: the dollar amount shows 47 per coin
Bowjob: then again I wish I went all in, including some unemployment, I would have gotten avout $150 grand by now
Bowjob: etoro will basically start trading btc
assbot: [MPEX] [S.MPOE] 8850 @ 0.00076039 = 6.7295 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.50089845 = 500.8985 BTC [-]
tiberiusiv: might take huge market share away from mtgox?
Bowjob: would it be favourable for someone who bought a mini rig eons ago to capitulate and wait to pre order avalon # 3 instead?
mircea_popescu: it will just fade for six months or a year, then some clueless nitwit a la Ryan Singer will "bring it back"
tiberiusiv: wont etoro take substantial marketshare from mtgox
mircea_popescu: they were bleeding market share pretty much monthly since 2011 or so
Chaang-Noi: bowjob i just looked at ltc, it would take more than what i want to spend to get ltc under .08
Chaang-Noi: i will be happy when mt gox has less than 105 market share
Bowjob: it seems to be dropping like a rock
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.49456206 = 0.9891 BTC [-]
Chaang-Noi: lots of support in the .08 to .088 range
Bowjob: im glad to got rid of it at 0.11
Bowjob: i bought at 0.1 too lol
Chaang-Noi: i did not expect what it did, and that is why i sold almost 100k of ltc
assbot: [MPEX] [O.BTCUSD.P750T] 998 @ 0.49700001 = 496.006 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.35270204 = 0.7054 BTC [-]
Chaang-Noi: but i wont sell more, in a year it will be much higher, esp if we get it listed at trade hill
kakobrekla: i made 100% on ltc in a few days as well
Bowjob: well btc will be much higher too
tiberiusiv: why would ltc go anywhere? it just offers nothing
tiberiusiv: how many google clones have done well?
mircea_popescu: tiberiusiv the one reasonable explanation i heard so far is arbitraring bitcoin testing
mircea_popescu: ie, they have free testing, stuff like the berkley db etc
imsaguy: litecoin isn't a bitcoin test
mjr_: dude did you guys hear about berlusconi?
imsaguy: mjr_: did you ask if we cared?
mjr_: imsaguy: sorry, do you care?
mjr_: figured that was a rhetorical question
tiberiusiv: the litecoin people dont understand that ASICs increase ltc difficulty as well
Chaang-Noi: btc has forked or too many transactions, use ltc:)
mjr_: mircea_popescu: 4 million a month in alimony
tiberiusiv: as less efficient miners drop out of bitcoin, they increase ltc difficulty
mjr_: his wife said: it would be more dignified to stop here...i can't stay with a man who consorts with minors
mjr_: after he attended an 18 year old models birthday party
Chaang-Noi: making ltcs network strong help move the price up
mjr_: like, sure, cheat on me...but please do it with more age appropriate women
Chaang-Noi: how many times did he see her before 18? lol
tiberiusiv: if bitcoin fails that will be the end of crypto for a decade +
Bowjob: k i thought it was just a cathloic thing
mjr_: tiberiusiv: i think that its biggest threat is something better
mjr_: and if that happens, it will be that new thing
mircea_popescu: Bowjob the fact is, the way the human body works first pregnancy should be delivered around 18 years of age.
tiberiusiv: ltc was made so people who cant afford to invest into equip can continue "mining"
Bowjob: but hes not catholic priest
tiberiusiv: the problem is that BTC asics increase litecoin difficulty
imsaguy: jurov, when's hte big payday?
Bowjob: litecoin dropping like a bitch
tiberiusiv: mircea: do you think coinlab succeeds?
Chaang-Noi: age of consent here is 15, 18 is getting on the old side for the culture here
Chaang-Noi: ltc did not even hit that resistance at .088 i told you about
imsaguy: mircea_popescu: SEC investigation
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.49154267 = 0.9831 BTC [+]
imsaguy: every good startup has one.
Bowjob: what resistance i dont see it
Bowjob: were down to 0.0087, no resistance
assbot: [MPEX] [O.BTCUSD.P750T] 998 @ 0.49252684 = 491.5418 BTC [+]
gribble: BTCUSD ticker | Best bid: 54.64859, Best ask: 54.99989, Bid-ask spread: 0.35130, Last trade: 54.64859, 24 hour volume: 94878.61374780, 24 hour low: 47.31000, 24 hour high: 55.00000, 24 hour vwap: 50.40729
Bowjob: 400 BTC support at 0.0082
Bowjob: imo take the profits and run
assbot: [MPEX] [S.MPOE] 6273 @ 0.00075833 = 4.757 BTC [-]
Bowjob: you cant go wrong either way
Bowjob: then when that support is down, its all downhil
Chaang-Noi: i took some profit, i made like 600% even if i lose everything else i hold, im not worried
Bowjob: this is highly lucrative
Chaang-Noi: 90k ltc dump to get to .008, i wont do it
pgp: tradehill lesson - don't write check with your mouth that you butt can't cash
Chaang-Noi: yeah btc was useless after 1.5 years too
kakobrekla: yeah and now is useful cause we didnt have btc
Chaang-Noi: when btc is forked you dont have btc now either:)
Chaang-Noi: ill sell more ltc once this may 15th stuff is over
kakobrekla: i see litecoin is somewhat like debian
kakobrekla: stable means all developers have been dead for years
Bowjob: My stupid friend is now kicking himself for not buying BTC at 17
Chaang-Noi: if it works it works, btc is ltcs test coin
kakobrekla: Bowjob tell him he will be kickin himself later for not buying at 55
Bowjob: everytime it goes up, he says... BTC will go down. when BTC goes down, he says BTC will go down further
Bowjob: tahts his reasoning every fucking time
Chaang-Noi: i told freinds and family to buy at 3.5 never said shit again
Bowjob: i gave hima heads up at the flash crash
Chaang-Noi: people slowly come back and be like, still good time to but,
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.4857348 BTC [-]
pgp: the 'hill is back up...
assbot: [MPEX] [O.BTCUSD.P750T] 999 @ 0.49193244 = 491.4405 BTC [+]
pgp: i wonder, do you think that they are just running a gox shadow book?
Bowjob: I told him since he's such a sensitive guy, I can sell him $100 worth of bitcoins
pgp: when the connection to gox dies - so does their "prime" order book
Bowjob: he wants to buy 5 BTC now, and pretend he got them at "$20 each"
pgp: either they are the worst technologists ever or they are relying on third party
Bowjob: chang, is that yours the 374 BTC sell
jurov: mjr_ yes i'm here, pm me
jurov: and sorry for mpex.coinbr.com problem, forgot to update the configs :/
gribble: There are currently 2255.5627 bitcoins offered at or under 55.0 USD, worth 124055.895521 USD in total. | Data vintage: 0.0012 seconds
Chaang-Noi: wall is falling faster than i expected
pgp: that is exactly what they are doing... they are showing the gox book $.55 worse... lol...
pgp: I'd call that a scam, unless, of course, it's "free" to trade with them, in which case they are embedding the gox commission in their prices. In any case, their pathetic relaunched "website" has no information on fees...
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.48888954 BTC [-]
assbot: [MPEX] [S.MPOE] 3127 @ 0.00075423 = 2.3585 BTC [-]
assbot: [MPEX] [S.MPOE] 5950 @ 0.00076039 = 4.5243 BTC [+]
assbot: [MPEX] [S.MPOE] 3539 @ 0.00076091 = 2.6929 BTC [+]
pgp: go to bitfinex for the proof
assbot: [MPEX] [O.BTCUSD.P750T] 999 @ 0.49044849 = 489.958 BTC [+]
pgp: yep - tradehill is offering gox at a 1.0% markup
Bowjob: misspelled gavin's last name
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
gribble: There are currently 2388.2445 bitcoins offered at or under 55.0 USD, worth 131351.566213 USD in total. | Data vintage: 98.2296 seconds
Bowjob: btc-e trollbox are now patting each other's back at BTC's downfall
Bowjob: "coinman1980: when ltc eventually gets media attention btc will suffer"
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.48338803 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 999 @ 0.49015205 = 489.6619 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8649 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01498 BTC [+]
assbot: [BTCTC] [B.YABMC] 14 @ 0.01499 = 0.2099 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 150 @ 0.0049 = 0.735 BTC [+]
assbot: [BTCTC] [B.YABMC] 5 @ 0.015 = 0.075 BTC [+]
assbot: [BTCTC] [B.YABMC] 5 @ 0.016 = 0.08 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.017 BTC [+]
Bowjob: This is what "enlightened" 14 year olds think about bitcoin
assbot: [BTCTC] [B.YABMC] 1 @ 0.0175 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 100 @ 0.00071 = 0.071 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 8 @ 0.105 = 0.84 BTC [-]
mircea_popescu: As a currency for purchasing power, I grew up with the US dollar so I'm used to having stability enforced by people way more powerful than myself. If I were stuck using certain other national currencies, I would probably be more inclined to appreciate bitcoin's efforts. Especially if that currency was subject to BS levels of printing printing printing.
assbot: [BTCTC] [ESECURITYSABTC] 2 @ 0.4748 = 0.9496 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8649 BTC [+]
BitHub: i seen asicminer selling for 1btc on bitcointalk forums
Bowjob: asicminer going for 1 BTC means
assbot: [BTCTC] [SYNERGY] 3 @ 0.0099 = 0.0297 BTC [-]
Bowjob: that someone is expecting asicminer to make more than 400k BTC?
BitHub: cant be bothered searching for it
BitHub: its in there somewhere
BitHub: TradeFortress Auction? i think
assbot: [BTCTC] [BTC-BOND] 20 @ 0.0099 = 0.198 BTC [-]
gribble: BTCUSD ticker | Best bid: 54.70013, Best ask: 54.75000, Bid-ask spread: 0.04987, Last trade: 54.70000, 24 hour volume: 95343.84225840, 24 hour low: 47.41103, 24 hour high: 55.00000, 24 hour vwap: 50.52650
Chaang-Noi: iv been very active on asicminer threads on the form and im going to call bs on the 1btc thing
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.48741637 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.105 = 0.21 BTC [-]
Chaang-Noi: maybe someone offered it at that but not many trades will have been done at that price
Chaang-Noi: ill belive 1 50 share block at that price, but its too high...
gribble: BTCUSD ticker | Best bid: 54.70001, Best ask: 54.89998, Bid-ask spread: 0.19997, Last trade: 54.89999, 24 hour volume: 95603.50817862, 24 hour low: 47.41103, 24 hour high: 55.00000, 24 hour vwap: 50.53990
assbot: [MPEX] [O.BTCUSD.P750T] 999 @ 0.48926344 = 488.7742 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.01334 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
assbot: Last trade for S.DICE on MPEX was at 0.0051 BTC [+]
Bowjob: someone lost 400 BTC on dice 12 hrs ago
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.105 = 0.525 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.48666662 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.4874894 BTC [+]
Bowjob: I believe the trollbox is in stage 1. It can be remedied if LTC stops falling like a brick.
Chaang-Noi: anyone know if one could get a phD after an MBA?
Chaang-Noi: or have to get a different type of masters?
Bowjob: whoa. theymos is 21 years old?? WTf
Bowjob: i thought hes an old dude
Bowjob: im just 1 year younger than him lol
Chaang-Noi: one of the reasons why no one expects much of him
assbot: [MPEX] [O.BTCUSD.P750T] 998 @ 0.4874894 = 486.5144 BTC [+]
Chaang-Noi: i think its why the forum staff is so yoing and trollish
kakobrekla: bitcoin is buncha kids with money for sure
Chaang-Noi: i was thinking and a few years tehre are going to be all these millionarie 20 eyar olds
Bowjob: thinking of a black lambo
Chaang-Noi: many will sell out after geting 100% return, like some people did with ltc :)
kakobrekla: with time, institutions will hold most btc
Bowjob: riding this bull to the top
Chaang-Noi: honestly if i get a lot of money i wont really buy anything, i will travel a bit more
Bowjob: when my holdings are worth more than a country's entier gdp, the world is my playground
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.48443619 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 999 @ 0.48483624 = 484.3514 BTC [+]
kakobrekla: > usagi: The company owns it. Essentially, since I am liable for it, I own it.
kakobrekla: >and I'm sure once you get on track with how we operate you will understand it. Until then, rest assured that everything is okay here.
assbot: [BTCTC] [ASICMINER-PT] 22 @ 0.8649 = 19.0278 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.105 = 0.42 BTC [-]
mjr_: ok, i have not seen one mention of bitcoin being either traded or used to fund accounts on etoro
mjr_: they have blogged about it a little
mjr_: but there is no mention of them accepting it or allowing you to trade it
mjr_: ok...where is the link where i can see that pair?
mjr_: its not under commodity or currency...did they do a press release or something?
mjr_: well...i am sure they are interested in doing it, but i was hoping for an announcement
mjr_: also...i am not sure how you offer a CFD in the US
gribble: There are currently 2625.7187 bitcoins offered at or under 55.0 USD, worth 144414.136288 USD in total. | Data vintage: 26.7392 seconds
mjr_: not allowed to do CFD
mjr_: i was wondering what the bitcoin evnironment was like in the philippines
mjr_: they have a huge market for remittances
Diablo-D3: thats going to happen in every city in every country now
Diablo-D3: they burned half of greece down, dude
Diablo-D3: at any rate, I havent seen any news about slovenia
Diablo-D3: but wait until it starts happening in germany
Diablo-D3: and berlin gets burned to the ground
Diablo-D3: then you will understand what I mean by "europe is fucked"
Diablo-D3: germany WILLL do just fine if they exit the EU now
gribble: There are currently 2559.549 bitcoins offered at or under 55.0 USD, worth 140775.164133 USD in total. | Data vintage: 0.0011 seconds
mjr_: germany switches to bitcoin
assbot: [BTCTC] [B.YABMC] 1 @ 0.01959 BTC [+]
assbot: [BTCTC] [B.YABMC] 40 @ 0.019599 = 0.784 BTC [+]
assbot: [BTCTC] [B.YABMC] 10 @ 0.01966 = 0.1966 BTC [+]
assbot: [BTCTC] [B.YABMC] 239 @ 0.01985 = 4.7442 BTC [+]
assbot: [BTCTC] [B.YABMC] 40 @ 0.01988 = 0.7952 BTC [+]
mjr_: did not think that was likely
chmod755: iceland should switch to bitcoin
chmod755: it's a small country with many internet users
mjr_: iceland dealt with their credit issues in a great way for their people
mjr_: more people should have followed their example
assbot: [BTCTC] [B.YABMC] 1 @ 0.008 BTC [-]
Diablo-D3: they crashed the banks and press the reset button
mjr_: that is what should happen
mjr_: you lent money to a bad risk
mjr_: that is your fault not mine
mjr_: it is basically predatory lending when you let someone borrow 10x their income and networth
gribble: There are currently 1883.3806 bitcoins offered at or under 55.0 USD, worth 103577.890673 USD in total. | Data vintage: 55.7350 seconds
gribble: There are currently 1883.3806 bitcoins offered at or under 55.0 USD, worth 103577.890673 USD in total. | Data vintage: 71.5866 seconds
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
assbot: [MPEX] [S.MPOE] 14850 @ 0.00075897 = 11.2707 BTC [-]
gribble: There are currently 1954.0553 bitcoins offered at or under 56.0 USD, worth 108167.701023 USD in total. | Data vintage: 88.7404 seconds
gribble: There are currently 14347.373 bitcoins offered at or under 60.0 USD, worth 839553.401471 USD in total. | Data vintage: 98.1760 seconds
gribble: BTCUSD ticker | Best bid: 55.66000, Best ask: 55.70000, Bid-ask spread: 0.04000, Last trade: 55.66000, 24 hour volume: 102733.91362795, 24 hour low: 47.50002, 24 hour high: 56.00000, 24 hour vwap: 50.91918
pgp: and the hill is down again...
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.47606017 BTC [-]
gribble: There are currently 955.56252 bitcoins offered at or under 57.0 USD, worth 54006.2376327 USD in total. | Data vintage: 0.0013 seconds
gribble: There are currently 12557.116 bitcoins offered at or under 60.0 USD, worth 741836.013873 USD in total. | Data vintage: 12.1822 seconds
gribble: There are currently 12071.718 bitcoins demanded at or over 56.0 USD, worth 677336.979852 USD in total. | Data vintage: 31.4974 seconds
Chaang-Noi: just as many bids over 56 as asks to 60, jesus h christ
gribble: There are currently 12071.718 bitcoins demanded at or over 56.0 USD, worth 677336.979852 USD in total. | Data vintage: 92.4568 seconds
gribble: There are currently 0 bitcoins offered at or under 56.0 USD, worth 0.0 USD in total. | Data vintage: 8.0772 seconds
gribble: There are currently 369.55094 bitcoins demanded at or over 56.0 USD, worth 20755.939292 USD in total. | Data vintage: 14.8987 seconds
BUGPOWDER: Yah, I think we hit $60 within the hour
gribble: 1 BTC = 56.90000 U.S. dollars = 43.9925777 Euros
BUGPOWDER: "Theymos I am a 21-year-old computer science student from Wisconsin."
Chaang-Noi: that wall was not sold into, he took it down
kakobrekla: what are we just spitting out random numbers now?
Chaang-Noi: bugpowder last i heard he was 20, so it checks out
gribble: BTCUSD ticker | Best bid: 56.75001, Best ask: 56.88000, Bid-ask spread: 0.12999, Last trade: 56.75001, 24 hour volume: 104957.41050327, 24 hour low: 47.51000, 24 hour high: 57.00000, 24 hour vwap: 51.04947
Chaang-Noi: kakobreka is hashking really 13? i thought that was just a joke
Chaang-Noi: oh lol, i should have known when he called me a scammer for not paying him dividends on my bonds cuz he had already sold them... lolol btcland
mjr_: tradehill has one order to sell at $3000
pgp: this is some crazy shit
Chaang-Noi: well atleast that wall at 60 is gone, a small one at 64
Chaang-Noi: kakobreka .0095 so up esp considering btc is moving uup
gribble: Error: "ask" is not a valid command.
gribble: There are currently 0 bitcoins offered at or under 60.0 USD, worth 0.0 USD in total. | Data vintage: 79.4836 seconds
gribble: There are currently 15933.287 bitcoins offered at or under 70.0 USD, worth 1064561.16994 USD in total. | Data vintage: 84.4513 seconds
gribble: There are currently 48.927719 bitcoins offered at or under 62.0 USD, worth 2985.0757865 USD in total. | Data vintage: 95.8431 seconds
gribble: There are currently 6238.7322 bitcoins offered at or under 65.0 USD, worth 397953.724648 USD in total. | Data vintage: 100.6715 seconds
BUGPOWDER: hmm... maybe it did hit it, I never saw that trade happen though
mod6: yeah it says it hit 62.0
Chaang-Noi: well 54 coins are offered at or under 62
gribble: There are currently 1060.2704 bitcoins offered at or under 62.0 USD, worth 64880.7926418 USD in total. | Data vintage: 108.6023 seconds
mjr_: wow $3 cheaper on bitfloor
Chaang-Noi: 2013-03-19 11:02:23 to 2013-03-19 11:12:23: Avg price: 58.566 (56.200 to 62.000) Total volume: 8586.48399, Cumulative cost: 511324.00000 Buy volume: 7933.77667 (473468.31 USD), Sell volume: 652.70731 (37856.53 USD) Ratio: 12.15518 ( 12.51)
mjr_: almost two minutes now
pgp: and now for some reality
assbot: [MPEX] [S.MPOE] 21367 @ 0.0007343 = 15.6898 BTC [-]
assbot: [MPEX] [S.MPOE] 4783 @ 0.00073344 = 3.508 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.829 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.828 = 1.656 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8222 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8221 = 8.221 BTC [-]
gribble: There are currently 4093.7415 bitcoins offered at or under 62.0 USD, worth 248124.847411 USD in total. | Data vintage: 92.1101 seconds
gribble: There are currently 106.35268 bitcoins demanded at or over 57.0 USD, worth 6093.23499578 USD in total. | Data vintage: 104.3026 seconds
gribble: There are currently 1398.1248 bitcoins demanded at or over 56.0 USD, worth 78641.1004811 USD in total. | Data vintage: 109.2912 seconds
gribble: There are currently 3118.6452 bitcoins demanded at or over 55.0 USD, worth 173403.849411 USD in total. | Data vintage: 114.0207 seconds
gribble: BTCUSD ticker | Best bid: 57.56000, Best ask: 57.61000, Bid-ask spread: 0.05000, Last trade: 57.61000, 24 hour volume: 122812.31066450, 24 hour low: 47.51000, 24 hour high: 62.00000, 24 hour vwap: 52.26281
mjr_: ;;calc (52.26281-41)/52.26281
assbot: [BTCTC] [COGNITIVE] 21 @ 0.2 = 4.2 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.18 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16002 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.105 = 0.315 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 10 @ 0.2309 = 2.309 BTC [+]
benkay: i wake up to this nonsense.
Chaang-Noi: total bid: 7,756,029 USD | total ask: 52,027 BTC | ratio: 149.08 USD/BTC
assbot: [BTCTC] [GSDPT] 50 @ 0.004231 = 0.2116 BTC [-]
benkay: and goodness i see we were trading all the way up to 62
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.105 = 0.21 BTC [-]
Chaang-Noi: benkay yeah, massive walls down in one go, this is a correction to that, we will be up to 65 shortly, make sure your seatbelts are on
assbot: [BTCTC] [CRYPTO-TRADE] 8 @ 0.2 = 1.6 BTC [+]
gribble: There are currently 0 bitcoins offered at or under 40.0 USD, worth 0.0 USD in total. | Data vintage: 77.0844 seconds
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
gribble: There are currently 14.925743 bitcoins offered at or under 59.0 USD, worth 880.61884113 USD in total. | Data vintage: 0.0009 seconds
gribble: There are currently 4151.5081 bitcoins offered at or under 62.0 USD, worth 251811.333797 USD in total. | Data vintage: 6.3287 seconds
gribble: There are currently 4312.4797 bitcoins demanded at or over 55.0 USD, worth 240297.179135 USD in total. | Data vintage: 13.6690 seconds
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8647 BTC [+]
assbot: [BTCTC] [GOLD] 1 @ 0.295 BTC [-]
benkay: is there a market cap command?
benkay: i'm more interested in plotting asicminer mktcap over time
gribble: There are currently 38868.333 bitcoins offered at or under 100.0 USD, worth 2888163.25634 USD in total. | Data vintage: 0.0021 seconds
gribble: There are currently 42540.219 bitcoins offered at or under 200.0 USD, worth 3435013.85974 USD in total. | Data vintage: 20.0105 seconds
benkay: thanks unbalanced, i'm more interested in mktcap on a per-asset basis
benkay: has anyone done any work on the performance of bitcoin assets relative to bit coin?
deadweasel: holding BTC is better unless you are extremely plugged into the assets you are buying selling. for the average bitcoiner, anyhow.
jcpham: hooooooooooooooooooooolf
deadweasel: i'm holding some for a long long time. just as an experimento
benkay: deadweasel i have a hunch you're right
benkay: "in god we trust. all others must bring data."
deadweasel: true, I have run no numbers on that. It's my gut feeling.
deadweasel: i'm fairly sure I could make the data say what I want it to say, if I really tried, so I just go with my gut
benkay: i like charting things
benkay: more accurately, charting stuff is a thing that i like to do
benkay: fun_things.append(charting)
benkay: i'm sitting on a train and the coffee place is closed
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.105 = 0.315 BTC [-]
deadweasel: well, grab price history and build a scenario tool and see if you can get historical data on assets and get busy!
benkay: too busy building real thing
benkay: only making charts that i need to make
deadweasel: reminds me, I need to do some work. thx!
benkay: price history for asicminer does not return on time invested have at the moment
gribble: Current Blocks: 226774 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1033 blocks | Next Difficulty In About: 5 days, 7 hours, 8 minutes, and 18 seconds | Next Difficulty Estimate: 6214082.21368 | Estimated Percent Change: 28.18759
pgp: 7.38 minutes avg between blocks...
pgp: lots of hardware came online in the last 9 days...
assbot: [MPEX] [S.MPOE] 5800 @ 0.00073866 = 4.2842 BTC [+]
mjr_: that was a fun ride
topace__: soemone traceroute 198.41.28.231 for me ?
jcpham: i lose the route at hop 32... looks like jupiter or uranus
topace__: 6 border1-faste2-0.magma.ca (209.217.64.38) 46.098 ms 24.215 ms 24.056 ms
topace__: 7 border5-faste0-0.magma.ca (209.217.64.42) 25.576 ms 27.031 ms 28.733 ms
topace__: 8 198.32.235.40 (198.32.235.40) 30.663 ms 32.602 ms 33.566 ms
topace__: 9 173-195-50.214.tel-ott.com (173.195.50.214) 42.963 ms 45.431 ms 46.764 ms
topace__: 10 198.41.28.231 (198.41.28.231) 48.645 ms 50.038 ms 51.511 ms
topace__: which it does for me from my office
topace__: but from othe rlocations, its crapping out somewhere as well
topace__: yea thast the IP it stops on for me from one of my other servers
topace__: how do you tell customers "the server is fine, its just the routing thats fucked up"
topace__: when most customers say "whats a server? whats a route?"
TomServo: topace__: You tell them to contact their ISP and provide them the last hop.
deadweasel: if my experience with bitcoin business is of any value, you should ignore the customer until the issue is fixed
pigeons: i hear it all the time one way or another as "it works on my box" usually from the developer
deadweasel: then possibly continue ignoring after said fixing
topace__: oh mmm 38.122.68.178 is my data center...
topace__: wonder why traceroute doesnt go through that when i traceroute from my office
topace__: must be coming in on a different network
gribble: BTCUSD ticker | Best bid: 55.01000, Best ask: 55.44999, Bid-ask spread: 0.43999, Last trade: 55.00000, 24 hour volume: 131954.29179881, 24 hour low: 47.52100, 24 hour high: 62.00000, 24 hour vwap: 52.64803
topace__: this might be 100% unrelated to the new switch i just installed yesterday, or it might be 100% because of the new switch
topace__: but if the switch went in yesterday, why only fail this morning
deadweasel: is it a managed switch? did you configure it?
assbot: [BTCTC] [ASICMINER-PT] 16 @ 0.8645 = 13.832 BTC [-]
assbot: [MPEX] [S.MPOE] 22127 @ 0.00073344 = 16.2288 BTC [-]
topace__: okay now traceroute to 198.41.28.228
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8644 = 1.7288 BTC [-]
gribble: BTCUSD ticker | Best bid: 56.64000, Best ask: 56.98000, Bid-ask spread: 0.34000, Last trade: 56.98000, 24 hour volume: 134791.46988100, 24 hour low: 47.54000, 24 hour high: 62.00000, 24 hour vwap: 52.73807
assbot: [HAVELOCK:SDICE] 1D: 0.53010000 / 0.53168333 / 0.53200000 (6 shares, 3.19010000 BTC), 7D: 0.50030000 / 0.52350856 / 0.59999900 (1197 shares, 626.63975002 BTC), 30D: 0.37000000 / 0.59492594 / 0.75100000 (5740 shares, 3414.87486892 BTC)
assbot: [MPEX] [S.MPOE] 9350 @ 0.00073744 = 6.8951 BTC [+]
assbot: Last trade for S.DICE on MPEX was at 0.0051 BTC [+]
assbot: Last trade for S.BBET on MPEX was at 0.0018 BTC [+]
assbot: [MPEX] [S.MPOE] 9537 @ 0.00073344 = 6.9948 BTC [-]
assbot: [MPEX] [S.MPOE] 4663 @ 0.00073285 = 3.4173 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.515 = 1.03 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.00901 BTC [-]
assbot: [BTCTC] [SYNERGY] 5 @ 0.009 = 0.045 BTC [-]
smickles: "< mircea_popescu> miscounted them digits" << I made it easier to read $depth <asset> now
mpexbot: jurov: Bids: ['2462 @ 0.00073285', '41300 @ 0.00071998', '1590 @ 0.00071886', '32459 @ 0.00068249', '25000 @ 0.000675']
mpexbot: jurov: Asks: ['5074 @ 0.00073744', '5400 @ 0.00074837', '3950 @ 0.00075897', '13911 @ 0.00076091', '29878 @ 0.00076717']
jurov: $markov is it fixed
mpexbot: jurov: (markov [<channel>] [word1 [word2]]) -- Returns a randomly-generated Markov Chain generated sentence from the data kept on <channel> (which is only necessary if not sent in the channel itself). If word1 and word2 are specified, they will be used to start the Markov chain.
jurov: $markov "is it fixed"
mpexbot: jurov: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
assbot: [MPEX] [S.MPOE] 2462 @ 0.00073285 = 1.8043 BTC [-]
assbot: [MPEX] [S.MPOE] 41300 @ 0.00071998 = 29.7352 BTC [-]
assbot: [MPEX] [O.BTCUSD.P550N] 6 @ 0.34032895 = 2.042 BTC
mpexbot: kakobrekla: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
mpexbot: kakobrekla: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
jurov: btw, it should consider first parameter a chan only if it begins with #
gribble: BTCUSD ticker | Best bid: 55.90000, Best ask: 56.50000, Bid-ask spread: 0.60000, Last trade: 56.00000, 24 hour volume: 142528.78744713, 24 hour low: 47.55000, 24 hour high: 62.00000, 24 hour vwap: 52.90602
assbot: Your actions are useless.
assbot: I haven't understood a single word you've said since I met you, not one single word.
assbot: I haven't understood a single word you've said since I met you, not one single word.
assbot: Last trade for PPT.E on GLBSE was at 0.32 BTC [-]
assbot: Last trade for PPT.A on GLBSE was at 0.32 BTC [+]
assbot: Last trade for PPT.B on GLBSE was at 0.32 BTC [+]
jurov: maybe it fails when no recent data
jurov: anyway, better error messages would be helpful
assbot: How can I be of assistance, my poor man?
jurov: so when i name the exchange right, assbot is polite?
pigeons: !last GLBSE SATOSHISDAEMON.horse
assbot: Have you got any tobacco?
jurov: !ticker btct bitvps
assbot: [BTCT:BITVPS] 1D: -- / -- / -- (0 shares, 0 BTC), 7D: 0.0038 / 0.00473 / 0.00688 (350 shares, 1.7 BTC), 30D: 0.00341 / 0.00438 / 0.00689 (1105 shares, 4.8 BTC)
jurov: dunno where it ended
assbot: [BTCTC] [RSM] 1 @ 0.00672 BTC [-]
assbot: [BTCTC] [RSM] 3 @ 0.00671 = 0.0201 BTC [-]
assbot: [BTCTC] [RSM] 37 @ 0.006 = 0.222 BTC [-]
assbot: [BTCTC] [RSM] 100 @ 0.0059 = 0.59 BTC [-]
bungeegum: i'll be back later. thank you kakobrekla for the info :)
assbot: [BTCTC] [RSM] 201 @ 0.00585 = 1.1759 BTC [-]
gribble: BTCUSD ticker | Best bid: 57.67786, Best ask: 57.89000, Bid-ask spread: 0.21214, Last trade: 57.67785, 24 hour volume: 143463.25501478, 24 hour low: 47.60000, 24 hour high: 62.00000, 24 hour vwap: 52.94004
gribble: BTCUSD ticker | Best bid: 57.67786, Best ask: 57.89000, Bid-ask spread: 0.21214, Last trade: 57.67785, 24 hour volume: 143463.25501478, 24 hour low: 47.60000, 24 hour high: 62.00000, 24 hour vwap: 52.94004
kakobrekla: someone should just send him to s.dice
jurov: kakobrekla, how do you feel about a bet "At least one of bitcointalk treasurers will get scammer tag by...dunno when "
assbot: [MPEX] [S.MPOE] 1590 @ 0.00071886 = 1.143 BTC [-]
kakobrekla: i feel good about it but i dont approve that stuff
assbot: [HAVELOCK] [HIM] 2 @ 1.985 = 3.97 BTC [-]
assbot: [HAVELOCK] [HIM] 6 @ 2 = 12 BTC [+]
gribble: Current Blocks: 226787 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 1020 blocks | Next Difficulty In About: 5 days, 5 hours, 32 minutes, and 18 seconds | Next Difficulty Estimate: 6217631.41098 | Estimated Percent Change: 28.26081
pigeons: did you notice the notice mircea_popescu ?
gribble: BTCUSD ticker | Best bid: 59.84200, Best ask: 59.85000, Bid-ask spread: 0.00800, Last trade: 59.84200, 24 hour volume: 117139.99539755, 24 hour low: 50.00000, 24 hour high: 62.00000, 24 hour vwap: 55.05158
assbot: [BTCTC] [ESECURITYSABTC] 2 @ 0.4748 = 0.9496 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.84200, Best ask: 59.85000, Bid-ask spread: 0.00800, Last trade: 59.84200, 24 hour volume: 117139.99539755, 24 hour low: 50.00000, 24 hour high: 62.00000, 24 hour vwap: 55.05158
mircea_popescu: Due to the massive reduction in financial support we found ourselves in a position where being an incorporated organisation cost more than what we were able to bring in in donations and after years of operating at a loss it was decided that we would apply for the dissolution of the corporation in order to drastically reduce costs.
mircea_popescu: lmao. so wait, the few hundreds i donated were most of their fiscal income ?
mircea_popescu: seeing how... well... there's some costs to maintain status but they're not THAT high
dub: you were the first person to donate in years, someone is taking that money and running
assbot: [BTCTC] [RSM] 1 @ 0.00574 BTC [-]
tiberiusiv: being an incorporated organisation costs like $200
mircea_popescu: tiberiusiv yeah. in the uk it's more like 250 pounds iirc
pigeons: they shoulda taken bitcoins
pigeons: i should start a foundation...
assbot: [BTCTC] [RSM] 2 @ 0.00575 = 0.0115 BTC [+]
dub: freenode is retarded
benkay: and yet runs a service that makes all of our lives a little better or easier for negligible outlay?
dub: though it got a lot less retarded after a certain someone got run over
Bowjob: did we actually hit 62
dub: im not aware of any other incorporated ircnets
Bowjob: i was cleaning my room.. them bam! 62
assbot: [MPEX] [S.MPOE] 7436 @ 0.00071978 = 5.3523 BTC [+]
mircea_popescu: who ever heard of this nonsense anyway. dissolve the charity, not announce in advance...
mircea_popescu: you could say you know... hey douches... next month. next week! something.
benkay: are you seriously surprised?
benkay: they don't have customers.
benkay: why should they act as if they did?
mircea_popescu: stakeholders is the correct expression in this circumstance.
benkay: probably why pathological behavior is so common among charities.
assbot: [MPEX:S.DICE] 1D: 0.004 / 0.00440918 / 0.0051 (54330 shares, 239.55 BTC), 7D: 0.004 / 0.00482395 / 0.00599987 (125487 shares, 605.34 BTC), 30D: 0.00300001 / 0.00605764 / 0.0069 (2344808 shares, 14,204.01 BTC)
assbot: [MPEX] [S.DICE] 7158 @ 0.004 = 28.632 BTC [-]
deadweasel: bitfunder sdice is up, which is relative
assbot: [MPEX] [S.MPOE] 976 @ 0.00073645 = 0.7188 BTC [+]
benkay: bets on today's close?
Bowjob: dice doesnt look so good
pizzaman1337: benkay: today's close? market doesn't close...
benkay: pick a universal timestamp, pizzaman1337.
Bowjob: what ever happened to ianbakewell
Bowjob: he shorted btc at 34.50
Bowjob: hasnt been online for 15 days
Bowjob: he shorted s.dice when it was 0.62
Bowjob: so he did something okay
Bowjob: not enough to cover 600 BTC short
pigeons: and when does he have to cover the dice, not out of the woods yet
Bowjob: whatever happened to proudhon
gribble: BTCUSD ticker | Best bid: 59.11711, Best ask: 59.74999, Bid-ask spread: 0.63288, Last trade: 59.11710, 24 hour volume: 111543.27108190, 24 hour low: 50.00000, 24 hour high: 62.00000, 24 hour vwap: 55.39889
mircea_popescu: "he shorted btc at XXX. hasnt been online for 15 days"
Bowjob: not as bad as that dude who called 23.98 the top of 2013
error4733: MP:not big diff b/t fickle et fucked. look at the book... just no way to sell if you want your money back.. :fu:
Bowjob: 300 bucks at the end of the year
pigeons: i shorted at $2 and im still here
Bowjob: I've seen S.Dice tanking honestly
Bowjob: I like how ian says more people will gamble on dice the higher the price
Bowjob: but then he shorts it anyway
benkay: problem of trading stocks denominated in rapidly appreciating currency
mircea_popescu: well... here's the thing. markets cycle. either this is nonsense and so the savvy will make a pretty penny buying it once the retail investors dumped
assbot: [MPEX] [S.DICE] 2000 @ 0.00383838 = 7.6768 BTC [-]
mircea_popescu: or else the concerns are legitimate and sdice is going to shit.
assbot: [HAVELOCK] [SDICE] 3 @ 0.42 = 1.26 BTC [+]
BitHub: its been going shit the last 2 months but okey
Bowjob: in any case, my concern was legit and proven right now
Bowjob: until dice goes back to 0.75
BitHub: sdice will myspace it up by end of the year
Bowjob: i got out at 0.75 and 0.62, lets see where this goes
Bowjob: i saw some whale playing, he lost 400 BTC on one bet or something
BitHub: they're divs are shit house too
mircea_popescu: iirc this month div is going to be low, a few hundred or something
Bowjob: for this month. dice is up about 3k
BitHub: wait all month for small shit
Bowjob: erik was smart to sell those shares
assbot: [MPEX] [S.MPOE] 2600 @ 0.00072738 = 1.8912 BTC [-]
pigeons: foresaw what? increasing profits?
Bowjob: he doesnt own dice 100% irrc
pizzaman1337: pigeons: a month where S.DICE was lower and might have a grim-looking future compared to what it seemed it would be
Bowjob: he said thers 2-3 private investors
pizzaman1337: I think it's only a matter of time before the BTC price affects S.DICE bet volume
pigeons: pizzaman1337: people keep saying that and keep being wrong, but maybe
pizzaman1337: pigeons: I'd like to hope with them as I'm a shareholder (just hold a little)
assbot: [MPEX] [S.BBET] 2500 @ 0.0018 = 4.5 BTC [+]
pigeons: ok, i bet you are wrong and right a few times before its over
error4733: the 400 bet was just a losing martingale
error4733: true, they bought s.dice overpriced at 0.0075 :D
Bowjob: the 0.75 came with the expectation that the whale would continue playing
pigeons: who is a bigger sucker, the person still getting better than fiat dividends from her 0.0075 S.DICE shares, or the sucker playing a negative EV strategy?
Bowjob: with the same intensity or even better
error4733: i'm still in green but is earasing the btc rally :(
Bowjob: "hey chris surrender yet? "
Bowjob: its the dude I told about BTC when it was 17, never bought any even though he expressed interest in buying some
pizzaman1337: mircea_popescu: will the mpex bot start doing some market making on options above 750 at some point?
mircea_popescu: well... atm im trying to discern what tyhe fuck to do here, because price went up so much. i am guessing i'll do 15-150 by steps of 3
mircea_popescu: Bowjob i think the argument is misplaced. unless you actually NEED the btc, having the shares produces future revenue. even one satoshi is revenue
mircea_popescu: holding the btc or throwing them around in weird loan schemes etc does not.
smickles: bah, soebot had an overflow error
BitHub: wow i've made enough coins to quit and go make a movie
BitHub: what a proud moment i thought it was going to take me all year
BitHub: :) its tripped out, owe a huge thanks to bitcoin
Bowjob: wasnt he gonna list her
pigeons: operators say they are suprised amazon let them get away with using their log and name this long
pigeons: amazonlitecoins.com to open next week
mircea_popescu: "We had a good run, and we can't thank our customers enough for their overwhelming adoption and support. It truly is hard to believe that less than a month after launching we have hundreds of users and have processed thousands of dollars per day."
gribble: BTCUSD ticker | Best bid: 59.40000, Best ask: 59.75998, Bid-ask spread: 0.35998, Last trade: 59.77000, 24 hour volume: 105293.89337341, 24 hour low: 50.22010, 24 hour high: 62.00000, 24 hour vwap: 55.89276
pizzaman1337: how often does the mpex bot recalc it's market options offerings prices?
assbot: [BTCTC] [COGNITIVE] 7 @ 0.16002 = 1.1201 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.16 = 0.32 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.13 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.33318 = 0.9995 BTC [-]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
assbot: [MPEX] [O.BTCUSD.P570T] 1 @ 0.09636292 BTC
BitHub: not when you got to make another buy tomorrow :P
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16002 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16002 BTC [+]
assbot: [MPEX] [O.BTCUSD.P570T] 6 @ 0.0963272 = 0.578 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 120 @ 0.000712 = 0.0854 BTC [+]
gribble: dub was last seen in #bitcoin-assets 31 seconds ago: <dub> yes hello
[\\\]: dust doesn't like me
[\\\]: then again, many people don't
assbot: [MPEX] [S.MPOE] 3724 @ 0.00073645 = 2.7425 BTC [+]
assbot: [MPEX] [S.MPOE] 2246 @ 0.00073744 = 1.6563 BTC [+]
gribble: jurov was last seen in #bitcoin-assets 3 hours, 40 minutes, and 31 seconds ago: <jurov> that's VERY rogue taxidermy
assbot: [MPEX] [S.MPOE] 4032 @ 0.00072738 = 2.9328 BTC [-]
mircea_popescu: (b)Based on their knowledge of the company and its assets, as well as on evaluation of market demand, current profitability and projected evolution, the representatives of SatoshiDice have elected to offer in this IPO a total of 10`000`000 (ten million) shares, as follows : one block of 2`000`000 (two million) shares at a price of 0.0032 BTC each ; one block of 5`000`000 (five million) shares at a price of 0.0034 BTC e
mircea_popescu: ach ; one block of 3`000`000 (three million) shares at a price of 0.0037 BTC each.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16001 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 58 @ 0.00462 = 0.268 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 33 @ 0.00462 = 0.1525 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 909 @ 0.00455 = 4.136 BTC [-]
[\\\]: I'm not diggin the thighs
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
[\\\]: they look like they were photoshopped on
mircea_popescu: esp seeing how her thick butt is about 20x the thickness of her wrist
[\\\]: right where her hand touches, its weird there
[\\\]: but I suppose its possible
mircea_popescu: a well. so our dreams are shatter't on the cold shores of jagged reality
[\\\]: there's several billion of them, so waht if 1 doesn't match?
[\\\]: so what's the mpex fee up to now?
[\\\]: ;;calc 30 * [ticker --last]
[\\\]: it costs more for exchange membership than many people's mortgage
mircea_popescu: not to mention it generated 100's of k's worth of value or so for the people who didn't procrastinate/think themselves better/entitled/whatever.
[\\\]: seperate the smart from the dumb
mircea_popescu: you and me baby are nothing but mammals so let's do it the bitcoin way!
BitHub: lets do it like they do it in the bitcoin-assets channel
BitHub: nice, reminds me me fingerbanging girls at 15
BitHub: need some beastie boys
mircea_popescu: 7500 words expended to clearly show he doesn't understand what exactly shareholders are, how they're different from founders and wtf exactly finance is
mircea_popescu: for the past two years i've been drowning in well meaning idiocy. it's a fate worse than death.
mircea_popescu: and also i blame the equalitarian atmosphere in the english speaking world. there's no worse form of child abuse than telling them they're equal to anyone.
gribble: BTCUSD ticker | Best bid: 59.66661, Best ask: 59.90000, Bid-ask spread: 0.23339, Last trade: 59.90000, 24 hour volume: 103877.10338041, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.15735
[\\\]: I'm pretty certain Britain doesn't tell everyone they're equal to anyone
[\\\]: and they're fucking English
mircea_popescu: show me a one case past 15 years where a kid was told "you can't do what this other kid does because he is better than you"
[\\\]: oh right, because I'm in the UK school system
[\\\]: jesus christ, they still have nobility
[\\\]: that right there tells them
mircea_popescu: not like they have to go on their knees when nobility enters the room
mircea_popescu: or at least motherfucking stand up, which is really the absolute fucking minimum.
assbot: [MPEX] [S.MPOE] 7110 @ 0.00073526 = 5.2277 BTC [+]
assbot: [MPEX] [S.MPOE] 4732 @ 0.00072738 = 3.442 BTC [-]
assbot: [MPEX] [S.MPOE] 5650 @ 0.00071402 = 4.0342 BTC [-]
smickles: < [\\\]> jesus christ, they still have nobility << they still have nobility who exercise royal prerogitive
smickles: ya know, from what i understand about the retained prerogitive, the queen could prevent the prime minister of canada from taking office after being elected
mircea_popescu: problem is, it;'s never used, so it just serves as perverse strengthening of the equalitarian delusion.
smickles: has to do with the viceroy or something
dub: every times smickles trots out some alex jonesism I die a little
smickles: lol, dub it's not like i think she could actually exercise that power
dub: you will find any number of antiquated bylaws in every legal system, shit thats not worth legistlating over
dub: for example its required for hoteliers to provide horse parking in the capital of my country
smickles: but they apparently do still exercise the power by quashing laws in england which would deprive them of land and such
assbot: [MPEX] [S.MPOE] 1806 @ 0.00070749 = 1.2777 BTC [-]
mircea_popescu: smickles it's not about some obscure exercise of power.
mircea_popescu: it's about people being forcibly confronted with proof of their inferiority in a social setting,
mircea_popescu: helps them learn about what they can and can do and so should or shouldn't attempt.
smickles: heh, yeah, different topic entirely
dub: 'the queen runs canada' is a fairly common complaint in the extreme libertard circles is all im saying
smickles: i've hardly any idea who runs canada.
dub: moosecock runs canada
smickles: moosecock it is then. cheers to moosecock
dub: like other british colonies they have a prime minister who fronts one of several political parties, advised by a caucus/cabinet of senior members and the lowly back benchers
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http://www.bitswing.com http://www.bitswing.com dub: effective marketing campain you have there
mircea_popescu: kakobrekla can you set assbot to autoban on any mention of bitswing.com for an hour ?
dub: bitswing sounds like some kind of meatspin variant
kakobrekla: in theory i could but you would be banned now
mircea_popescu: retarded kid, didn't even come up with a random name, just mashed kbd
Bugpowder: I need these diff futures to close so I can buy this S.DICE
assbot: [MPEX:S.DICE] 1D: 0.00383838 / 0.00434507 / 0.0051 (63488 shares, 275.86 BTC), 7D: 0.00383838 / 0.00476551 / 0.00599987 (134645 shares, 641.65 BTC), 30D: 0.00300001 / 0.00604938 / 0.0069 (2352566 shares, 14,231.58 BTC)
assbot: I haven't understood a single word you've said since I met you, not one single word.
assbot: Last trade for S.DICE on MPEX was at 0.00383838 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 830 @ 0.00455 = 3.7765 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.80001, Best ask: 59.84000, Bid-ask spread: 0.03999, Last trade: 59.84000, 24 hour volume: 105452.24769737, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.25821
assbot: [BTCTC] [GSDPT] 190 @ 0.004231 = 0.8039 BTC [-]
mircea_popescu: funny. i wonder if the roman empire had rules about barbarian shaving practices right before odoacer
mircea_popescu: it's funny, cyprus govt destroyed 5bn euro worth of suckers fiat,
mircea_popescu: ty eu. keep on with your policies, a 4-5% conversion engine is great for bitcoin.
bgupta: Or, Utopia if you are an anarcho-capitolist.
assbot: [MPEX] [S.MPOE] 2828 @ 0.00073744 = 2.0855 BTC [+]
mircea_popescu: actually bgupta ... any sort of future that includes the state is science fiction at this point.
bgupta: perhaps a bit hyperbolic? but I get your gist.
pigeons: mircea_popescu hyperbolic? nevar
mircea_popescu: i don't think so. without a cheap and effective way to maintain informational supremacy and without control of wealth transfer there simply can't be a state.
mircea_popescu: the original innovation that even allowed the state (ie, bureaucracy) has been meanwhile erroded by the internet.
bgupta: You are assuming that certain states wouldn't just shut down the public telco grid to survive.
mircea_popescu: this is like saying "miners will be shutting out s.dice"
mircea_popescu: unless, of course, you imagine the amish are some sort of separatist state within the us.
benkay: has cyprus gone through with the taxation yet?
mircea_popescu: they've changed the proposed law 3 times so far, still not a law.
dub: oh I saw a good quote in -dev for you MP
benkay: what are likely outcomes if the vote in parliament fails?
bgupta: Well, I am thinking that it could swing to the other direction of totalatarianism.. in the US we are seeing a steady erosion of our freedoms, as the surveillance state becomes a reality.
benkay: cuz if they reopen instant run
dub: [19:11] <gavinandresen> sure. We have to embrace transaction volume, more people == more success == more transactions
benkay: not if you're friends with your local politicians, bgupta
assbot: [BTCTC] [GSDPT] 100 @ 0.00482 = 0.482 BTC [+]
benkay: and can purchase their friendship
mircea_popescu: benkay even so it's safer to purchase it from a distance.
bgupta: the reality is most citizens aren't technically adept to use privacy tools properly.. nor don't care, and it will be hard for those that aren't superrich to uproot their families on a (to most citizens) alarmist future view.
mircea_popescu: bgupta why do the inept and poor matter in this discussion ?
benkay: good lord of course they're not
Bugpowder: [22:29] <mircea_popescu> created ~300 mn usd worth of bitcoin wealth. SO FAR. This isn't over yet.
mircea_popescu: Bugpowder also true. was just doing a sort of "minimal eval"
dub: bgupta: the real reality is you've been a surveillance state since the '90s
mircea_popescu: asciilifeform are these provably intelligent or just assumedly intelligent ?
dub: you're just starting to wake up
gribble: There are currently 19157.386 bitcoins demanded at or over 50.0 USD, worth 1043997.85644 USD in total. | Data vintage: 52.3699 seconds
bgupta: dub: Yeah: Unofficially, now they are pushing really hard to make it official.. :(
assbot: [BTCTC] [COGNITIVE] 1 @ 0.12202 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.12202 BTC [-]
bgupta: at least with it unofficial they had to think twice about using info they weren't supposed to have
Bugpowder: The truth is is that we live in an surveliannce state, BUT the watchers are pretty lazy, like most humans.
Bugpowder: does anyone here think GMO is bad?
vampireb: i dont have strong feelings about GMO, but everyone is NY is crazy about "organics" food..
vampireb: though "organics" usually means crap
Bowjob: whoa canadian bitcoins selling for $70 per coin?
mircea_popescu: the jewish deli still the best way to get edible food in ny
gribble: BTCUSD ticker | Best bid: 60.29000, Best ask: 60.30000, Bid-ask spread: 0.01000, Last trade: 60.29000, 24 hour volume: 105617.40285754, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.36720
assbot: [MPEX:S.DICE] 1D: 0.00383838 / 0.00434507 / 0.0051 (63488 shares, 275.86 BTC), 7D: 0.00383838 / 0.00476551 / 0.00599987 (134645 shares, 641.65 BTC), 30D: 0.00300001 / 0.00604938 / 0.0069 (2352566 shares, 14,231.58 BTC)
vampireb: men russian stores are fine here, though these are jewish russian anyway
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8593 BTC [-]
vampireb: i am quiet sure that humans adapted to food too in the last 100 years... well look at all these fatties in US
vampireb: (reminds myself to go to gym tomorrow)
Bugpowder: I thought patent trolls are people that sue that are not acutally using the patent, NPEs for example.
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.8593 = 6.0151 BTC [-]
benkay: someone's going to get insanely wealthy using genomics to breed better corn
Bugpowder: why is a patent troll bad? They monetize intellectual property so small inventors can collect on people that rip them off, with reduced risk.
benkay: instead of trying to engineer nature
Bugpowder: benkay, what is the difference between "genomics" and trying to "engineer nature"
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8594 = 8.594 BTC [+]
Bugpowder: asciilifeform: I have some knowledge of the fields in which I invite debate.
mircea_popescu: Bugpowder i fail to see a difference between patent trolls and any other ip rights trolls.
mircea_popescu: if you think riaa is making artitsts be paid you're perhaps going on wishful thinking
Bugpowder: There are plenty of plaintiff side contingency firms that will take your patent case if you have a valid claim and a decent damages model.
benkay: actual history of crop yield improvement.
benkay: until recently, rooted in breeding instead of engineering.
benkay: and whoopee congratulations, we're so efficient in america that we got some *great* results by doing some weird stuff and then grew that everywhere. instant monoculture
Bugpowder: benkay, the combination of selective breeding with targeted mutagenesis is MUCH more effective at increasing yield, quality AND adapting to pests.
smickles: asciilifeform: sounds like you are talking about any court case
Bugpowder: asciilifeform: That is false in a contingency case.
Bugpowder: Let me suggest an alternative formulation of patent troll.
pigeons: patent troll = anyone who files afucking patent
Bugpowder: A patent troll is someone who sues a large number of possibly infringing defendents, many small businesses, who lack the funds to defend themselves, and thus seek to shake down these defendents for a settlement that is slightly less than the cost of fighting it thru dismissal
pigeons: trademark abuse i think should be prosecuted under fraud and is a valid form of ip
pigeons: but patent have never been ethical
benkay: bugpowder ooh with mutagenesis awesome i need sauce tho
bgupta: patent is fine, except where it was extended in term, and applied to sfotware and business methods.
Bugpowder: I would say Apple suing Samsung, or Carnegie Mellon suing Marvell is not a patent troll.
benkay: and must run now so pm plz bugpowder?
pigeons: i would say apple existing is a troll
mircea_popescu: a patent troll is any entity which seeks to enrich itself by denominating and thus proposing to have captured anything which exists outside of and independent of their efforts.
BitHub: apple is one of life's trolls
Bugpowder: bgupta: The Bilski ruling has invalidated most software only patents
dub: apple is a user troll
BitHub: btw i'm still buying patents in exchange for btc
mircea_popescu: in this reading any attempt to patent anything to do with gmo is patent trolling.
BitHub: if anyone has any good cheap ones
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8596 = 2.5788 BTC [+]
mircea_popescu: you may patent the process, you may not patent the result, inasmuch as the result is a plant
pigeons: god i hope we never have apple "quality" products from anyone
bgupta: When was that? I thought that it was still up in the air?
pigeons: any attempt to use force to control ideas is trolling
Bugpowder: Ruling is that the software must interact with a physical machine
pigeons: all patents are a problem all copyrights for all humans
Bugpowder: provides an additional test for KO software only claims
bgupta: wait that didn't have blanket applicability the supreme court specifically made a very narrow ruling deferring the question of patentability for a future court/case
Bugpowder: I think it is being read fairly broadly by the community
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8596 = 1.7192 BTC [+]
Bugpowder: certainly it is influencing what cases are now being brought and what are discarded based on 'bilski vulnerability'
bgupta: It however could have been in worse.. and they could have affirmed the validity of sfotware patents
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8596 BTC [+]
mircea_popescu: asciilifeform trademarks are really just a way to prevent idiots from abusing "some" names.
mircea_popescu: basically, marketing consists on trying to extract value from a word.
mircea_popescu: to the detriment of everyone else. it's a society-wide language-wide externality.
pigeons: if you pass yourself off as something you're not, that is fraud to me
mircea_popescu: the association of shitproduct with "superior" damages the word superior
mircea_popescu: then when i say superior people misunderstand me, thus making me explain.
pigeons: asciilifeform: interesting
mircea_popescu: so in general, until marketing can be outlawed completely, trademarking is a bandaid
pigeons: no marketing? how will we bring bitcoin to wall street?
mircea_popescu: seriously, if us libertards did smart shit (such as ban any advertising) instead of dumb shit (ban smoking)
mircea_popescu: we'd be looking at a muchly different us balance of trade
pigeons: and truth is me and many other will happily pay less for the "fake" shoes
BitHub: pirated shit is the best
mircea_popescu: BitHub just as long as you can identify what it is you're buying.
BitHub: many lv bags, wallets sunnies overseas
mircea_popescu: this is the underpinning of free markets : being able to evaluate what you buy and what you pay for it.
BitHub: sold them back to my friends at like 500% profits
pigeons: im more worried about shipping sunglasses from china than ordering from silk road
BitHub: better off going there and buying up and bringing a years worth back
mircea_popescu: typical of the interaction between a more advanced and a less advanced civilisation
BitHub: those dr dre beat headphones
BitHub: bought some for like 50$ sounds exactly the same, same chinese factory that's why
BitHub: i just love going to china town and buying 10 ray ban sunnies for the price of 1
BitHub: and its the same quality
assbot: [BTCTC] [GSDPT] 100 @ 0.004231 = 0.4231 BTC [-]
BitHub: there is shit stuff of course you have to look out for but i only get the best pirated stuff
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.105 = 0.42 BTC [+]
mircea_popescu: it's how the civilisation engine has been working so far yes.
mircea_popescu: and it's also why i laugh at silly notions such as midnightmagic's "progress"
smickles: sounds like the army of the 12 monkeys
mircea_popescu: asciilifeform nobody. but that's not really the point, now is it ?
gribble: BTCUSD ticker | Best bid: 60.28000, Best ask: 60.29000, Bid-ask spread: 0.01000, Last trade: 60.29000, 24 hour volume: 106776.94964017, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.47866
mircea_popescu: and that mumbairite can always drop by and say hi. especially if she has nice legs and a thick ass i'll be interested.
Bowjob: help me pick the color of my lambo
assbot: I don't know those people, and they don't look very friendly.
assbot: The vision of Christ that thou dost see ... is my vision's greatest enemy.
mpexbot: smickles: 1 day: no data 7 day: no data 30 day: average: 0.29789377 high: 0.31662031 low: 0.17554903 volume: 22028 btc: 6562.00388512
mpexbot: smickles: Bids: ['1000 @ 0.44954682']
mpexbot: smickles: Asks: ['1000 @ 0.54818967']
gribble: BTCUSD ticker | Best bid: 60.27999, Best ask: 60.30000, Bid-ask spread: 0.02001, Last trade: 60.27999, 24 hour volume: 106733.98262924, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.48785
assbot: [MPEX:O.BTCUSD.P750T] 1D: 0.35270204 / 0.49421702 / 0.50754217 (12009 shares, 5,935.05 BTC), 7D: 0.35270204 / 0.49421702 / 0.50754217 (12009 shares, 5,935.05 BTC), 30D: 0.35270204 / 0.89701544 / 1.53153505 (40792 shares, 36,591.05 BTC)
smickles: ;;calc 36591.05*[ticker --last]
smickles: this price is making my brain melt
assbot: [MPEX] [O.BTCUSD.C450T] 231 @ 0.22 = 50.82 BTC [+]
mircea_popescu: it's only my angle with regards to politics of reality.
assbot: [MPEX] [S.MPOE] 5800 @ 0.00074197 = 4.3034 BTC [+]
mircea_popescu: people wish to legislate against the fact that their wife will cheat ?
mircea_popescu: the feelings of others are their problem, not something that can ever carry a cost.
mircea_popescu: this, incidentally, is the path towards a harem of wives who aren't particularly inclined to cheat, among other goodies.
mircea_popescu: yea well, let's just say i'm a lucky sort. haven't been outgunned yet.
BitHub: being married, wives, gf's etc its for poor lonely people
BitHub: i'm just pass that point, cant do that normal shit
BitHub: its just another overhead
BitHub: anyway, i've just noticed its poor, lonely people who are really desperate for female companionship
assbot: [MPEX] [O.BTCUSD.C430T] 4 @ 0.26082263 = 1.0433 BTC [+]
Chaang-Noi: mp, starting to think those options were not overpriced :)
mircea_popescu: if only we knew yesterday what the evening of today spells out
gribble: smickles was last seen in #bitcoin-assets 14 minutes and 57 seconds ago: <smickles> this price is making my brain melt
Chaang-Noi: asicminer is level, lc is level and btc way up, going to be a good day:)
gribble: There are currently 15921.487 bitcoins offered at or under 64.0 USD, worth 1002943.0276 USD in total. | Data vintage: 0.0017 seconds
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00496 BTC [+]
mircea_popescu: anyway, whoever sold those 12k 750T puts earlier is looking at something like 10k btc in profits atm
assbot: [BTCTC] [S.MPOE-PT] 5 @ 0.000719 = 0.0036 BTC [+]
staco: didn't the bot sell the puts?
staco: i could be wrong, but I thought the bot sold them
mpexbot: mircea_popescu: Bids: ['1000 @ 0.33576135']
mpexbot: mircea_popescu: Asks: ['1000 @ 0.43628681']
assbot: [MPEX] [S.MPOE] 1544 @ 0.00075702 = 1.1688 BTC [+]
assbot: [MPEX] [S.MPOE] 4150 @ 0.00075916 = 3.1505 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.827 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.827 = 4.962 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.826 = 5.782 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.824 = 4.944 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.823 = 2.469 BTC [-]
assbot: [BTCT:ASICMINER-PT] 1D: 0.8221 / 0.85317 / 0.87 (167 shares, 142.5 BTC), 7D: 0.695 / 0.80182 / 0.9489 (1572 shares, 1260.5 BTC), 30D: 0.65 / 0.74901 / 1 (3052 shares, 2286 BTC)
Chaang-Noi: mp it traded at 1 but as it pays out dividends the value of the stock will go down, as the best dividends are the first ones
pigeons: the best dividends are the first ones?
Chaang-Noi: and these were bids being filled, still up over 800% :)
pigeons: i missed the context of that one
Chaang-Noi: the best dividends are or the highest dividends will odds are be the first .1 paid back, cuz it is only 1/1630000 not 1/400000
pigeons: yeah but 6th today is worth more than 30 th in 3 months
Chaang-Noi: but yes they say they will be at 60 th by the end of april, and they will expand after that
Chaang-Noi: over all goal is to stay at or above 105 of the network
Chaang-Noi: yeah i did an extra 0 i need my coffee
mircea_popescu: so if they're at 10% of network they permanently pay the same divs
Chaang-Noi: im not selling what i hold at these prices, however with btc being $60 im sure some people want to cash out
Chaang-Noi: yes mp, but their goal is to average at 105 not always be at 10%
Chaang-Noi: they ahve like 15% now, if they get their 60 th before bfl then they will ahve over 50%
pigeons: what bitcoin venture goes as planned
mircea_popescu: hopefully people understand the importance of deepbit and we see it about equal to btcguild
pigeons: especially now that fincen says mining = money transmission ;)
pigeons: its just stupid talk, it clearly says you have to exchange for other funds or your a user not a transmitter
Chaang-Noi: like this really means much other than people who want to try to follow the law can
assbot: [BTCTC] [COGNITIVE] 9 @ 0.16002 = 1.4402 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.22048 BTC [+]
pigeons: it means coinlab needs to find a new bank
kakobrekla: also wtf deadterra reality compas is off?
mircea_popescu: "I've been an "IT" person all my life and I have no idea how I missed out on things like buying Google or Apple. Bitcoin seems to be my last chance. Any tips would be appreciated."
mircea_popescu: he has no idea how he could have missed it. taking public calls, what might have been the cause ?
pigeons: i cant even follow that stuff
mircea_popescu: also in the news, at his local college there's all these fresh beauties looking for boyfriends all the time
kakobrekla: you are not a smart enoguh investor for his fan club
mircea_popescu: yeah. i keep missing out on lots of hot btc deals because i am not smart enough
pigeons: your points are interesting in and of themselves and I'm sure once you get on track with how we operate you will understand it.
gribble: Error: Failure to retrieve ticker. Try again later.
gribble: Error: invalid syntax (<string>, line 1)
pigeons: they are re-scanning the blockchain for 0.8
mircea_popescu: so usagi is selling silver at 86.86 dollars an ounce ?!
assbot: [MPEX] [S.MPOE] 2706 @ 0.00076296 = 2.0646 BTC [+]
pigeons: on both bitfunder and btct
toffoo: they don't charge 30 btc to join
toffoo: so why do you need a broker? just join yourself
Namworld: [00:27] <mircea_popescu> yeah. i keep missing out on lots of hot btc deals because i am not smart enough
Namworld: [00:27] <mircea_popescu> honestly, it sucks, but what can i do.
kakobrekla: but im like a ball of furr so no skill needed
mircea_popescu: no, i was just being honest. there's all these great deals offered all the time (especialyl in the lending section)
Namworld: Honestly, if you knew what would happen when, you’d triple your BTC weekly.
Namworld: Thing is, there’s almost just as many losing proposals
mircea_popescu: for any values of "almost as many" that approach infinity
Chaang-Noi: 86 dollars an oz? and people buy it? oh lol
Chaang-Noi: well then who cares, i can offer gold at $5000 :)
mircea_popescu: i suspect usagi has a future as a stand-up comedian pretending to be a btc finance guy
mircea_popescu: course... that's a tough racket, there's what, 5000 of them ?
mircea_popescu: so if anyone buys tu.silver that's an insta-70% haircut ?
pigeons: and usagi hopes silver goes down
pigeons: - /q bitcoin-goldRobo @silver
pigeons: bitcoin-goldRobo> The #coinabul Silver Ticker: 0.482BTC per OZ of Silver, 0.015BTC per Gram of Silver and $28.92/OZ of Silver.
mircea_popescu: "TU.SILVER is the largest precious metals fund in the community, and has more than 20 times the liquidity of all other precious metals funds combined."
mircea_popescu: We have been in operation on BitFunder since January 2013. We have over 50oz. in sales and have redeemed more than 10oz of silver directly to customers.
pigeons: BTCTRADINGPT voted NO with comment: BTC-TRADING-PT shareholders voted to not approve: 528-0
mircea_popescu: say what you will of people, sheep, stupidity, what have you... in this case at least i can find no flaw.
pigeons: haha i like how right in the contract on btct.co it says, "We have an exclusive arrangement with BitFunder to support BitFunder as a platform. We will not trade on any other exchange until August 2013."
Namworld: mircea_popescu: sure, we are. Just no one investing in Usagi related stuff.
pigeons: should we chip in and pool the 0.1401 for lieftime access to his books?
mircea_popescu: pigeons you have an account and the interest to bother ?
pigeons: 1BjGr16hjmAKEmCAstswX6m55WDVnTPjHB
pigeons: ok guys we're getting a report, this better be humorous
assbot: [MPEX] [S.MPOE] 1422 @ 0.00074197 = 1.0551 BTC [-]
assbot: [MPEX] [S.MPOE] 3252 @ 0.00072858 = 2.3693 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.75001, Best ask: 59.88000, Bid-ask spread: 0.12999, Last trade: 59.70002, 24 hour volume: 104259.81722566, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.75246
Chaang-Noi: pigeons need more funds? id like to see what you find as well
pigeons: no its courtesy mircea_popescu
Chaang-Noi: yeah, i dont like lending out money... wife twisted my arm to lend $400 to one of her friends for 2 weeks. im still pissed
pigeons: dont worry about your wife's friend, he's pay back
Chaang-Noi: not so worried about the money, it just changes things socially when you lend moeny to freinds
Chaang-Noi: or if he wont pay back, no friend, lol
kakobrekla: i have seen people turn on you for 100$
Chaang-Noi: this is thailand and this is like 1/2 a months wages maybe more
pigeons: i was joking, you're wife asked you to loan money to her friend a dude?
Chaang-Noi: the average wage here is $600 he gets paid more cuz he has a skill in demand
Chaang-Noi: pigeons they are a family, we are kinda close
kakobrekla: so much humor and so much scam, sometiems its hard to tell which is which
Chaang-Noi: no, i live in a good fruit growing region, and he is able and willing to work lopng hours to take care of the trees
Chaang-Noi: others too, but others dont need as much skills evidently
Chaang-Noi: mangostean is my fav fruit, durian is close to the my least fav
mircea_popescu: Chaang-Noi it's this perennial mockery @something bawful's history
mircea_popescu: they were pushing some mangosteen scam thing a while back, much drama ensued
Chaang-Noi: lowtax live about a mile from me in the usa when we were growing up
Chaang-Noi: i dont know about that but its damn hard to get in the usa
pigeons: now its at the supermarkets
Chaang-Noi: its like $50 airshipped over night from thailand on amazin.com for like 7 fruit
Chaang-Noi: well, we kinda blasted into and out of 50 with no stop... 60 might be the new 47.5
assbot: [BTCTC] [RSM] 1 @ 0.00575 BTC [+]
Chaang-Noi: i did hear tehy started to open up mangostean in the usa a few years ago,
Chaang-Noi: im glad to see it is in the usa, it is an awesome fruit
Chaang-Noi: yeah, its like cotten candy but with a strong vit c taste
Chaang-Noi: good stuff, and its really vitiman packed
Namworld: oh right, nevermind... smickles.com
assbot: [MPEX] [S.MPOE] 10328 @ 0.00072562 = 7.4942 BTC [-]
Namworld: not responding tho. He must be on a BitVPS vps...
Namworld: Seriously, our rented nodes have been giving us so much shit lately. We can’t wait to get everyone moved to our own servers.
mircea_popescu: Chaang-Noi not in any conventional sense i don't think
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00496 = 0.0099 BTC [+]
Chaang-Noi: ahh, i half expected to see an SA site
mircea_popescu: pretty much nobody left there, i mean past month or so i beebn asking friends i knew used to be huge sa buffs
Chaang-Noi: and i was not there much, only cuz i new the core group in real life
Chaang-Noi: on 9-11 the got a photo of a guy on the towers with the airplane behing about to crash played on cnn
Chaang-Noi: clearly it was photos shopped but they showed it like 3 times, was fucking lol
Chaang-Noi: 73%2F&size=83.4+KB&name=Recent+Photos+The+Commons+Getty+Collection+Galleries+World+Map+App+...&p=photo+9-11+airplane+crash+photoshopped+tower&oid=bd885a2e00be7a839184d95acdb7ea93&fr2=&fr=sfp&tt=Recent%2BPhotos%2BThe%2BCommons%2BGetty%2BCollection%2BGalleries%2BWorld%2BMap%2BApp%2B...&b=31&ni=220&no=55&ts=&tab=organic&sigr=11lsq5c30&sigb=14bcp79hb&sigi=11lt5ct6m&.crumb=xXUGtlVbO1d this one
bgupta: Curious are ASICMINER shares (and passthroughs) traded anywhere other than btct.co, bitfunder and bitcointalk's forums?
bgupta: volume is really low.. is that this equity, or are most btc denominated equities low volume?
bgupta: well IPO is a bit different..
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
mircea_popescu: actually, s.bbet saw more volume at launch than asicminer
Chaang-Noi: for now asicminer is one of the more active stocks
pigeons: bgupta: most are low, yeah s.dice s.mpoe are exceptions
Chaang-Noi: there is a lot of volume you cant see cuz otc
pigeons: you dont remember the s.dice ipo?
bgupta: Chaang-Noi: otc as in irc otc?
Chaang-Noi: as in people trading via pms with each other and fried cat
Namworld: Oh, sorry, I thought another block from owners were dumped or something
Chaang-Noi: i have traded 5000 shares alone in the last 2 weeks
bgupta: err, so how do they connect other than forums?
Chaang-Noi: find a guy who wants to sell, agree to price, tell friedcat
mircea_popescu: bgupta one doesn't, mostly. it's jsut the empty chatter of whatever.
Chaang-Noi: ill sell for the right price, what are you qwilling to pay and how many?
mircea_popescu: i've been promised shares to short for what, two weeks now.
Chaang-Noi: you never ask me mp, what terms do you have?
Chaang-Noi: you shorted it before? you must have lost massivly
Chaang-Noi: shorting a stock that goes up 8005, still makes money, you are my new god:)
mircea_popescu: anyway, 6 months, 1% per month over dividends paid, we'll have to lock it to an exchange as i don't deal in vapour
Chaang-Noi: 1% is not worth me locking it down for 6 months
assbot: [MPEX] [S.MPOE] 1190 @ 0.00070626 = 0.8404 BTC [-]
Chaang-Noi: that is not worth the risk the exchange just might do a glbse
Chaang-Noi: i trust friedcat a lot, some of the exchanges, not as much
pigeons: the operators are all here, which one don't you trust?
pigeons: what if it gets listed on the fan club?
Chaang-Noi: having the stocks stored with a 3rd party adds more risk, and i dont think that risk is worth the 1% i would get
mircea_popescu: that's a sad indictment of the various exchanges i guess
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.82 = 1.64 BTC [-]
Chaang-Noi: i understand mp, and i think some have less risk than others, but im going to pass. i think i can make more money buying and selling them. thanks for the offer however.
mircea_popescu: anyway, bgupta, point in case. when i say "mismanaged into the ground" this is exactly what i mean.
mircea_popescu: trade can't occur because asicminer doesn't have or understand financial management.
Chaang-Noi: trade is hard with asicminer, but most holders dont care as much,
Chaang-Noi: i was able to sell 5kshares and buy about 3k shares with little trouble
Chaang-Noi: friedcat has been very good about trades
gribble: BTCUSD ticker | Best bid: 59.10000, Best ask: 59.29999, Bid-ask spread: 0.19999, Last trade: 59.29999, 24 hour volume: 104802.48103137, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.94039
pigeons: "The only thing I ask is that, since this is a paid service, you not share the data in public (i.e. in a forum post) or something like that."
pigeons: We'll have everyone moved over by March 22!
pigeons: the first one, a PM from usagi about the TU.SILVER books he is sending
pigeons: the second one from Vessenes
mircea_popescu: March 21st, the first day of spring! Rebirth! Rejuvenation!
pigeons: they should make it april 1
BingoBoingo: TU.SILVER is that another underdocumented mess?
assbot: [HAVELOCK] [HIM] 2 @ 1.99 = 3.98 BTC [-]
Namworld: TU.SILVER is overpriced. Anyone want to sell me some at the correct value?
Namworld: The one were price is more like value implied by silver held for it?
pigeons: that would also be overpriced, because it doesn't include the usagi factor
mircea_popescu: i'd sell an indefinite ammount of anything usagi makes at its nominal value.
Namworld: I don’t care. I got puts on it. I’d exercise them with my TU.SILVER
pigeons: can we send him silver and get shares?
Namworld: I love these new options. I can finally buy for a fraction shares rights to buy/sell something.
Namworld: Perfect when I expect price movements
Namworld: I CAN FINALLY SHORT WHAT I WANT!
BingoBoingo: Aren't the asks on TU.SIlver all showing a hefty premium over actual silver+shipping?
mircea_popescu: Namworld suppose i buy 1k worth of silver pseudoasset puts
mircea_popescu: when its time to pay up, where does the btc come from ?
Namworld: It must be deposited and put aside by Bitfunder. I trust Ukto, not the put seller
mircea_popescu: so unless someone is willing to reserve a shitton of btc i can't buy my puts ?
Namworld: You have to reserve enough BTC to fill the puts/calls when writing them.
Namworld: When you execute, it’s at strike on the option.
Namworld: no, there is good puts/calls being placed. But they’re being bought.
mircea_popescu: i thought from what you said there's actually liquidity in options mkt
BingoBoingo: mircea_popescu I think you flipped it, silver is closer to $28/oz last I checed TU.silver had asks at 0.14BTC/Share for an ambiguous definition of share...
Namworld: It just got out. Not much liquidity yet.
Namworld: People will get around to use it more.
pigeons: ;;calc ([ticker --last] * 0.14 * 10) - 28.92
pigeons: ;;calc ([ticker --last] * 0.14 * 10)
BingoBoingo: mircea_popescu Do they sell silver that small or is there a swing people aren't showing... Coinabul shows 0.5 BTC for an once of silver... I think Usagi is awfully bullish or lubed numbers up to extract them from a convenient place
pigeons: BingoBoingo: you can buy a pre 1964 us dime pretty much anywhere for $2.50 usd
pigeons: BingoBoingo: usagi is special
BingoBoingo: pigeons I might have noticed, the question seems to be how special...
BingoBoingo: mircea_popescu I do like how accessing his books costs a full share...
pigeons: we have the books on the way
mircea_popescu: ya well... i do like how the price of exposing scams is going down
mircea_popescu: of course... in relative terms... 500 btc to blow a 50k+ scam
mircea_popescu: who was asking me earlier what's it mean for cyprus ? benkay ?
BingoBoingo: What happened every other time Germany got bullish on how to tell the rest of Europe how to do business?
assbot: [MPEX] [S.MPOE] 1649 @ 0.00070739 = 1.1665 BTC [+]
Namworld: So. How about we roll out that latest version of the Earth? What’s it called? Ah yeah, Apocalypse.
BingoBoingo: I was just thinking Germany tried to tell people how to bank three times and then they started hiding behind Belgium...
BingoBoingo: Sure mircea_popescu Cyprus banks owe money. Largely on Greek debt among other bad Euro debts. It is just Germany seems to like playing Euro enforcer now that everyone else has made them throw away the sharp objects
assbot: [MPEX] [S.MPOE] 9191 @ 0.00070626 = 6.4912 BTC [-]
assbot: [MPEX] [S.MPOE] 26 @ 0.00070542 = 0.0183 BTC [-]
Chaang-Noi: it just seems so fucked up, these small nations just dont give a fuck cuz they are in so far into debt they are meh anyway
pigeons: euro investing in tu.silver
pigeons: if we don't get these tu.silver books maybe we can get a scammer tag
assbot: [HAVELOCK] [HIM] 1 @ 1.99 BTC [-]
Chaang-Noi: if you paid for it, and he does not have them then yeah, seems about right
Chaang-Noi: what type of cpu chip would be best for "laoding block index" on a linux computer and doing so quickly
Chaang-Noi: checking old wallets for ltc/btc takes forever just to open
pigeons: ok no more rapidshare or megaupload where do i put a spreadsheet
Diablo-D3: well, swithcing to bitcoin 0.8.0 helps a LOT there
Diablo-D3: Chaang-Noi: but you'd be better off with a Bulldozer family CPU (any will do, even the new ones)
Diablo-D3: Chaang-Noi: but bitcoin 0.8.0 checks chains in parallel with multiple threads, and it also uses a lot less disk IO to do it
BingoBoingo: The best CPU for loading the block index now depends on what version of bitcoin-qt you are using Chaang-Noi
Diablo-D3: Chaang-Noi: as for LTC, dunno what to tell you, they should just merge 0.8.0 changes in
Diablo-D3: AMD has superior single threaded integer performance
Chaang-Noi: lets assume i use 0.8.2 or whatever the newest btc is
Diablo-D3: Chaang-Noi: then you're already going as fast as you can
Diablo-D3: Chaang-Noi: you're limited at disk io
Diablo-D3: it doens't need to have a lot of raw throughput
BingoBoingo: The old 0.7.2+ would probably load fastest on an i7 because BDB doesn't parallelize well, 0.8.X and later on an AMD chip I imagine; an SSD makes a bigger bifference than any processor though
Diablo-D3: the whole writing to death thing has long since been a pile of bullshit
Chaang-Noi: i liketo use encrypted drives, and i know SSD sucks for encryption safety
Diablo-D3: BingoBoingo: Bulldozers have four integer ALUs per core
BingoBoingo: SSD is good with encryption if you start it encrypted
Diablo-D3: Chaang-Noi: SSD works fine for encryption
Chaang-Noi: so when i load the OS just do full disk on a ssd and im fine?
Diablo-D3: Chaang-Noi: the problem is it can't do automatic TRIM on its own
BingoBoingo: sure Diable-D3, but BDB doesn't scale over multiple cores very well
Diablo-D3: you NEED to use an OS that does TRIM
Diablo-D3: BingoBoingo: I didnt say multiple cores.
Diablo-D3: Chaang-Noi: or osx on apple blessed drives
Diablo-D3: Chaang-Noi: the filesystem on linux will be the problem though
BingoBoingo: Anything past Debian 6.0 is fine for SSD encrypted Linux
Diablo-D3: Chaang-Noi: you'll need to use ext4
Diablo-D3: Chaang-Noi: unless you shove btrfs on an encrypted lvm, which is kind of retarded
Diablo-D3: and ZoL doesnt do encryption yet (and you need ubuntu to boot ZoL as well)
Chaang-Noi: oh lol what, i cant just used a standart install of mint 13 or 14?
Diablo-D3: Chaang-Noi: depends entirely what mint uses by default
Diablo-D3: Chaang-Noi: debian and ubuntu both can install ext4 to encrypted lvm at install time
Chaang-Noi: ill get an ssd i guess, hell i might as well by a new laptop
Diablo-D3: and the reason I say ext4 over ext3 is ext3 isn't optimized for TRIM
Diablo-D3: Chaang-Noi: btw, OSX does support full encryption out of the box
Diablo-D3: so if you're into getting a new laptop, mbp retinas arent so bad
Diablo-D3: I dont do apple either, but I needed one for software dev reasons
Diablo-D3: and I cant say I hate the hardware.
Chaang-Noi: ill get an asus unltra book with an i7 and the awesome screen
Chaang-Noi: with the ssd and windows 8, then nuke windows 8
Diablo-D3: BingoBoingo: anyhow, what I was saying is, its not that BDB doesn't do parallel thats the issue
Diablo-D3: BingoBoingo: its that 0.7.x and earlier doesn't use threads to check the chain in parallel
Diablo-D3: BingoBoingo: BDB is disk IO limited, not CPU limited
Diablo-D3: you most likely wont peak on one core with BDB anyways
Diablo-D3: 0.8.0 introduced both leveldb and threaded chain checking
Diablo-D3: so now it will happily saturate all cores IF your disk can keep up
Diablo-D3: and leveldb rapes disk IO much less than bdb
Diablo-D3: that said, if you're on a single threaded integer app, Bulldozers will win
Diablo-D3: but it just doesn't matter, with bdb, your disk cant keep up
BingoBoingo: Diablo-D3 the single integer ALU BDB will try to lock into probably won't keep up either...
BingoBoingo: I'm not talking core in the marketing sense
Diablo-D3: I'm talking core in the core sense
Diablo-D3: bulldozers are two hardware thread cores
Diablo-D3: they're 4x integer ALU + 2x FP ALU
Diablo-D3: on strongly integer tasks, they're quite fast
BingoBoingo: BDB tends to lock into the single smallest discrete uniti it can find to run it, BDB probably wont't use all of those cores Bulldozer is offering, but I would believe reputable benchmarks that say otherwise...
BingoBoingo: For BDB core most often will mean it latches onto one interger computing unit and will force itself through that.
BingoBoingo: BDB does this because it hates the idea of a future
BingoBoingo: Unles built with many special compiler flags any parallelization it might experience will be accidental
assbot: [MPEX] [S.MPOE] 1650 @ 0.00070542 = 1.1639 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 95 @ 0.00442 = 0.4199 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 290 @ 0.00441 = 1.2789 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 500 @ 0.0044 = 2.2 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.004 = 0.04 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.004 BTC [-]
Namworld: urgh... S.DICE not doing well enough in my taste.
pigeons: ok no offense to coinabul, but usagi is buying his silver from there, i would think those premiums are not really suited for an investment fan club
pigeons: also the buying JAH shares is wtf
Diablo-D3: BingoBoingo: I think you didn't listen to what I said
Diablo-D3: BingoBoingo: BDB nor bitcoin 0.7.x is multithreaded where it needs to be
Diablo-D3: this is why instruction level parallelism is important
Diablo-D3: but BDB uses so much disk IO to just read the db, that your CPU isn't the bottleneck
BingoBoingo: Depends on the disk, but I believe Goat aksed about the best processor... Bowjob I was one of the winners on that BitBet...
Diablo-D3: BingoBoingo: goat asked how to get it to go faster
Diablo-D3: BingoBoingo:he was just mistaken that the cpu greatly factors in on this
BingoBoingo: Ah, then yeah... Keep on a LevelDB version of maintain the blockchain on a fast SSD, one in a PCI-e slot for best performance.
Diablo-D3: pci-e slot SSDs don't magically get more performance
Bowjob: Oh yeah, i did a tx today, it seemed quite fast
Diablo-D3: and theres still problems with Linux support for some of them
Chaang-Noi: d3 can i buy any of the new asus ultrabooks and have it run mint14 fine?
Diablo-D3: Chaang-Noi: we're talking about pci-e ones
Diablo-D3: sata/sas ones are supported fine, they're normal devices
gribble: BTCUSD ticker | Best bid: 58.55015, Best ask: 58.57000, Bid-ask spread: 0.01985, Last trade: 58.57000, 24 hour volume: 108368.69380536, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 57.15651
Bowjob: 4 bucks off of the ATH
Bowjob: I hope we chill here for a bit.. kinda like calm before the shitstorm before moving into 70s
gribble: BTCUSD ticker | Best bid: 58.50001, Best ask: 58.55014, Bid-ask spread: 0.05013, Last trade: 58.55014, 24 hour volume: 108233.45685213, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 57.16941
Chaang-Noi: taht ath has some guy doing a market order with 500k usd... we are still above what he started buying at...
Bowjob: i hope hes a strong hand
Bowjob: not some rich kids of instagram kid
pigeons: i still laugh every time i come acroos
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009875 = 0.0988 BTC [-]
assbot: [BTCTC] [BTC-BOND] 15 @ 0.009874 = 0.1481 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.105 = 0.315 BTC [+]
Bowjob: oh, weve reached 65 on cavirtex
Diablo-D3: I think I might consider starting a SD competitor
Bowjob: i just look at cavirtex. too many fucking rules
Bowjob: fees, limits, blah blah
assbot: [BTCTC] [BTC-BOND] 35 @ 0.009874 = 0.3456 BTC [-]
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009873 = 0.0987 BTC [-]
assbot: [BTCTC] [BTC-BOND] 6 @ 0.009842 = 0.0591 BTC [-]
Chaang-Noi: d3, ill pay you to make one for me in ltc :)
Bowjob: i want a simple exchange. transfer money -> buy btc, withraw
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.105 = 0.42 BTC [+]
Diablo-D3: the problem with SD is it doesn't do a huge pot
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009842 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009842 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [+]
Bowjob: those cypriots.. i assume they will deal in EUR
Bowjob: so we might see the action in euro
Chaang-Noi: d3 we can do sd with ltc but have each one also have like 1 in a billion shot at 100k ltc :)
Diablo-D3: and all the money that goes into the jackpot stays there except, say, 1%
Bowjob: im watching the action on coinlab
Chaang-Noi: bowjob all day these spikes of sells, someone is dumping with out killing the market
Diablo-D3: Chaang-Noi: have like a 1 in a trillion chance of winning
Diablo-D3: the pot could go up to thousands of btc
Namworld: Assuming one winner every 1 trillion, pot should reach an average of 10k BTC
Diablo-D3: Namworld: I mean as in 1:1trillion per 1 BTC
Diablo-D3: I might not have the right magnitude
Namworld: 1 chance on a trillion per BTC?
Diablo-D3: I'll even seed the pot with 100 BTC
Namworld: tiberiusiv: fees... fucking 3% for new accounts
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.858995 = 8.59 BTC [+]
Namworld: You mean 1:1 trillion per satoshi...
Diablo-D3: Namworld: 1 satoshi would be one in 1:2^512th odds
Namworld: But... how do you determine the winner?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.859 = 1.718 BTC [+]
Namworld: You can’t have a 1:1 trillion chance to win for a BTC
Diablo-D3: take txid, hash it, then take the first x bytes and see if its less than the taget
Namworld: so odds of winning is not 1:1 trillion
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84 BTC [-]
Diablo-D3: Namworld: no, I said I probably got the magnitude wrong
Diablo-D3: Namworld: okay what about each satoshi is a 1 in 15 quaturovigintillion change?
Diablo-D3: Namworld: an extremely low chance.
Namworld: like with those odds, one would bet 21 million BTC and have lower odds to win than winning the state lottery 5 times in a row.
Diablo-D3: so 1 BTC would be 180 billion chance
Namworld: You could bet all freaking 21 BTC and have as good as null chances to win the jackpot...
Diablo-D3: Namworld: no different than powerball really
Namworld: powerball would have like close to infinite higher chances to win
Namworld: ;;calc 2**64/21000000*100000000
Diablo-D3: I dont think you wrote what you thought you wrote
Namworld: ;;calc 2**64/(21000000*100000000)
Diablo-D3: powerball jackpot is 1 in 175 million
Namworld: I bet 1 BTC (58 USD) for one ticket.
Diablo-D3: Namworld: you bet 1 BTC for 100000000 tickets, actually
Namworld: I could get 21 million x 58 USD ticket and have a 1/8784 odds of winning a maximum of... 21 million BTC.
Diablo-D3: 184 billion is if I set the difficulty as high as possible
Diablo-D3: i184 billion per btc is if the difficulty is less than 1
Diablo-D3: if I set it to less than 1000 ,its 184 million
Namworld: yeah, but that’s like zero incentive for first people to put anything.
Diablo-D3: [04:05:05] <Diablo-D3> powerball jackpot is 1 in 175 million
Namworld: They’re like infinitely lower on what you propose...
Namworld: 1/184 billion if I bet a whole BTC
Diablo-D3: [04:06:38] <Diablo-D3> 184 billion is if I set the difficulty as high as possible
Diablo-D3: [04:06:59] <Diablo-D3> i184 billion per btc is if the difficulty is less than 1
Diablo-D3: [04:07:08] <Diablo-D3> if I set it to less than 1000 ,its 184 million
assbot: [HAVELOCK] [HIM] 11 @ 1.999 = 21.989 BTC [+]
Namworld: Odds too low unless difficulty go down. Not interesting for anyone to bet.
Namworld: Especially since the jackpot is small too
assbot: [BTCTC] [GSDPT] 10 @ 0.00425 = 0.0425 BTC [+]
assbot: [BTCTC] [GSDPT] 160 @ 0.004231 = 0.677 BTC [-]
Diablo-D3: fine, have the difficulty go up as the pot goes up
Namworld: Wouldn’t be a bad idea like that. Would make more sense.
assbot: [BTCTC] [GSDPT] 20 @ 0.004217 = 0.0843 BTC [-]
Chaang-Noi: if i accidently deleat a file on linux, how do i get it back?
Namworld: But difficulty should probably cap as to avoid ever lowering odds and never reaching jackpot.
Diablo-D3: Namworld: yeah, cap is one in 1000
zefir: Chaang: if you did that, it will be challenging to undelete them. first thing you need to do is shutting system down to prevent further write accesses
Namworld: Anyway, getting late. I’ll be off.
Namworld: But it does seem better with difficulty increase with pot somewhat.
assbot: [MPEX] [S.MPOE] 3701 @ 0.00070542 = 2.6108 BTC [-]
assbot: [MPEX] [S.MPOE] 2599 @ 0.00070356 = 1.8286 BTC [-]
pigeons: difficulty increases with pot, but it seems easier
Diablo-D3: I wonder if theres a block chain info site that can give me a total list of all money sent to an address
pigeons: you'll never guess the name
Diablo-D3: pigeons: no, I dont mean blockchain.info
Diablo-D3: blockchain.info doesn't have a json api does it
assbot: [HAVELOCK] [SDICE] 2 @ 0.42 = 0.84 BTC [+]
assbot: [HAVELOCK] [SDICE] 11 @ 0.415 = 4.565 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.412 = 0.824 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.411 = 1.644 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41020001 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.4102 = 4.9224 BTC [-]
assbot: [HAVELOCK] [HIM] 6 @ 1.999 = 11.994 BTC [+]
Chaang-Noi: d3, welsome to bitcoin and the internet :)
Diablo-D3: pigeons: that should be easy to setup with js then
assbot: [BTCTC] [B.YABMC] 1 @ 0.01451 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01 BTC [-]
assbot: [MPEX] [S.MPOE] 8001 @ 0.00070739 = 5.6598 BTC [+]
mircea_popescu: so banks/tv/etc in south korea offline due to cyber attack
mircea_popescu: person can't spell fund, is big time mover and shaker with experience and etc.
mircea_popescu: "If anyone is interested in buying securities that copy the MPEx dividend payouts but do not involve any dealings with the actual MPEx shares (such as share loans, etc.), PM me. About 1 million will be issued if there is demand. If issued, the securities will be backed by an incorporated company with EUR 200,000 total assets, of which 1500 BTC."
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24994 BTC [+]
assbot: [BTCTC] [GSDPT] 2 @ 0.00479 = 0.0096 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.0168 BTC [+]
assbot: [MPEX] [S.DICE] 624 @ 0.00381798 = 2.3824 BTC [-]
mircea_popescu: "No, it is not. It is just the thing that we offer people to bet for. And I would be delighted to know what exactly makes us any more vulnerable to angry gov that MPEx and SD are."
assbot: [MPEX] [S.MPOE] 7704 @ 0.00072562 = 5.5902 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.0168 BTC [+]
assbot: [MPEX] [S.MPOE] 1857 @ 0.00072143 = 1.3397 BTC [-]
assbot: [MPEX] [S.MPOE] 2214 @ 0.00072562 = 1.6065 BTC [+]
assbot: [MPEX] [S.MPOE] 8900 @ 0.0007314 = 6.5095 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8559 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.856 = 12.84 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8569 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.857 = 5.142 BTC [+]
mjr_: mircea_popescu: I'm so glad that trilema is back up...lots of good articles
mjr_: i can't do the bitcointalk forum
mjr_: mircea_popescu: how do i get credits?
mjr_: really want to read the stego article
mjr_: i have been sending my friends pictures of cats with encrypted messages in them
gribble: BTCUSD ticker | Best bid: 59.11710, Best ask: 59.25000, Bid-ask spread: 0.13290, Last trade: 59.11710, 24 hour volume: 106528.71037829, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.47445
mjr_: is there anyone working on a chrome plugin that could be used to pay bitcoins to websites?
Diablo-D3: mjr_: you wouldnt need that actually
Diablo-D3: you could do it with a bitcoin:// url
mjr_: "Actually, if you don’t know anything about talking to computers my best advice to you is “marry someone who does”. Definitely." worth the price of admission
mjr_: Diablo-D3: if you have a client installed i guess?
mjr_: i was just thinking of mircea's model
mjr_: if you could automate that process...make it a click that a plugin handles behind the scenes
mjr_: like you would "fund" your browser...and then you would browse away to your hearts content, offering up micropayments for content that you want
Diablo-D3: the problem with a browser is you'd need to have it running all the time
mjr_: i don't think so...
mjr_: it would simply be an address that is monitored
mjr_: similar to blockchain.info
mircea_popescu: pigeons did you share that book with an interested party ?
pigeons: which shouldn't violate my agreement not to post it publically, bu i dont know
pigeons: yeah i doubt he'll give me any more copies
assbot: [MPEX] [S.DICE] 11850 @ 0.004 = 47.4 BTC [+]
assbot: [MPEX] [S.DICE] 400 @ 0.004 = 1.6 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.00381798 / 0.00427895 / 0.005 (75762 shares, 324.18 BTC), 7D: 0.00381798 / 0.00469793 / 0.00599987 (147519 shares, 693.04 BTC), 30D: 0.00300001 / 0.00603657 / 0.0069 (2351124 shares, 14,192.73 BTC)
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [+]
assbot: [BTCT:PAJKA.BOND] 1D: 0.104999 / 0.105 / 0.105 (81 shares, 8.5 BTC), 7D: 0.08001 / 0.10242 / 0.10999 (1286 shares, 131.7 BTC), 30D: 0.01552 / 0.10177 / 0.10999 (1564 shares, 159.2 BTC)
assbot: [MPEX] [S.MPOE] 7650 @ 0.00074863 = 5.727 BTC [+]
assbot: [MPEX] [S.DICE] 12075 @ 0.004 = 48.3 BTC [+]
mpexbot: mircea_popescu: Bids: ['1700 @ 0.00393432', '300 @ 0.0038', '1000 @ 0.00355004', '5034 @ 0.003198', '13530 @ 0.00311001']
mpexbot: mircea_popescu: Asks: ['93037 @ 0.004', '141 @ 0.00480598', '201 @ 0.005', '6623 @ 0.0051', '2000 @ 0.00577']
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.105 = 1.05 BTC [+]
dub: ;;calc 400*[ticker --last]
assbot: [MPEX] [S.DICE] 1000 @ 0.004 = 4 BTC [+]
gribble: BTCUSD ticker | Best bid: 59.30000, Best ask: 59.49998, Bid-ask spread: 0.19998, Last trade: 59.29983, 24 hour volume: 104385.36260976, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.59737
gribble: Current Blocks: 226924 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 883 blocks | Next Difficulty In About: 4 days, 19 hours, 10 minutes, and 26 seconds | Next Difficulty Estimate: 6187365.50681 | Estimated Percent Change: 27.63647
gribble: BTCUSD ticker | Best bid: 59.20002, Best ask: 59.30983, Bid-ask spread: 0.10981, Last trade: 59.30983, 24 hour volume: 104205.20199766, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.60493
mjr_: ;;calc (57.60493-41)/57.60493
gribble: Current Blocks: 226929 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 878 blocks | Next Difficulty In About: 4 days, 18 hours, 31 minutes, and 18 seconds | Next Difficulty Estimate: 6197165.1884 | Estimated Percent Change: 27.83862
assbot: [MPEX] [S.DICE] 100 @ 0.004 = 0.4 BTC [+]
mjr_: otherwise known as the slot machines of finance
mircea_popescu: kinda scary how many peppy nuts are circling btc since > 50
assbot: [MPEX] [S.MPOE] 394 @ 0.00074863 = 0.295 BTC [+]
assbot: [MPEX] [S.DICE] 8 @ 0.004 = 0.032 BTC [+]
jurov: i seriously consider offering my expertise to that finnish man.. and promptly outsource it to dunnowhere
mircea_popescu: kakobrekla wait, so he wants to eat mpex for lunch by competing with bitbet ?!
mircea_popescu: "- Of course the above would be moot if the spread was sky-high. We intend to push it as low as possible, and give you the best of both worlds - the liquidity of a market-maker but also the low spreads possible in a parimutuel or similar approach."
mircea_popescu: right. we're going to do anything and we have no plan whatsoever.
Bowjob: Avalon will now cost 88 BTC to 115 BTC
Bowjob: capitalizing on BFL's incompetence, same specs
Bowjob: there goes my fourth module
Bowjob: i wish I picked up 3 lol
Bowjob: in other news, sonny and josh are preparing to ship themselves out of town, apparently
mircea_popescu: , The price will be obviously much higher than previous, based on the reasonable ROI. The price is 88 BTC to 115 BTC(31680 RMB to 41400 RMB) depending on configurations, freight charge not included.
Bowjob: thye are pegging the price to yuan
Bowjob: making the price around 5 grand, over
kakobrekla: they are stabbing themselfs in the face
Bowjob: they have monopoly on asics, go figure
mircea_popescu: everyone is either a scammer, stupid, or a stupid scammer.
Bowjob: well, its apparent people will still pay for this..
ThickAsThieves: they are mining with every machine for a while before they even ship it
ThickAsThieves: they are raking in btc, they can do what they want i guess
Bowjob: its just asicminer vs avalon
Bowjob: until someone comes along
assbot: [MPEX] [S.MPOE] 3300 @ 0.00075613 = 2.4952 BTC [+]
ThickAsThieves: asicminer hashing is supposed to skyrocket in the next few weeks right?
BitHub: i've never seen so much greed so quickly in such a young industry
BitHub: this shit might burn out in 5 years
Bowjob: well, if they really are greedy, they wouldn't have shipped asics to the public
assbot: [MPEX] [S.DICE] 207 @ 0.004 = 0.828 BTC [+]
Bowjob: of course, there goes my plan for 5 more ASICS
kakobrekla: boxes should be getting cheaper not expenciver
ThickAsThieves: "Only a small amount of units will be shipped during late March to early April"
jurov: CoinBr.iDiff-O May will open soon, what collateral (max.feasible difficulty) are you seeing by May 22?
Bowjob: litecoin is unusually stable lately
kakobrekla: cause all the bitcoin ppl is an insignificat fraction
jurov: AMD has year or so turnaround
Bowjob: and few people has heard of btc
Bowjob: we are actually the early adopters
ThickAsThieves: kako, how much $ do you think has been spent and will be spent on ASICS this year
assbot: [MPEX] [S.MPOE] 250 @ 0.00075613 = 0.189 BTC [+]
Bowjob: those avalon asics.. they are compatible with NA sockets right
Bowjob: i wont need some chinese transformer
jurov: wtf, they don't have detachable cord?
jurov: mircea_popescu ^^^
jurov: guess that's ripe for worldwide ban to sell any hardware with preconfigured default password
Bowjob: I told her, looks don;t matter
BitHub: tell her she's okey looking
BitHub: but looks aren't the most important
Bowjob: "It's okay, looks aren't everything."
BitHub: she'll be begging for your approval
Bowjob: of course. that was the perfect answer.
BitHub: yes operation destroy bitcoin is in play
ThickAsThieves: "'m hugely excited to announce to you that CoinLab will be teaming up with Mt. Gox and Silicon Valley Bank to provide Bitcoin purchase, sale and exchange services to customers in the U.S and Canada as of March 31, 2013."
BitHub: they were the only ones
BitHub: wasn't it a lie? Their press release
BitHub: isn't gox being pressured into this deal with coinlab?
BitHub: sorry i mean the whole wallstreet fluff
Bowjob: "Ok, people would take you more seriously if you meant what you said, just so you know. The offer is real though. Peace" -dank
Bowjob: I told dank I would give him 3 BTC for a motorcycle
Bowjob: he sends me an address, I told him, I already got one for 2 BTC.
Bowjob: He's selling music festival passes now
gribble: Current Blocks: 226941 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 866 blocks | Next Difficulty In About: 4 days, 17 hours, 34 minutes, and 25 seconds | Next Difficulty Estimate: 6205279.45368 | Estimated Percent Change: 28.006
jurov: so i'll reap profit both from iDiff-O and from its bitbet hedge? lmao
ThickAsThieves: maybe avalon is pricing high because they want less work for the same money
assbot: [HAVELOCK] [SDICE] 4 @ 0.4103 = 1.6412 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4102 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4102 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.41000001 = 4.1 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.41 = 1.64 BTC [-]
assbot: [MPEX] [S.DICE] 48796 @ 0.004 = 195.184 BTC [+]
Bowjob: i assume a 4th module will cost 22 BTC?
Bowjob: $1300+ for a module that hashes 22 gh
Diablo-D3: so they probably havent adjusted their pricing yet
Diablo-D3: the three module avalons were selling for $1300
Diablo-D3: the yuan is not massively deflating
Bowjob: well its by btc now actually
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.33318 = 1.3327 BTC [-]
jurov: getting scammer tag isnt necessarily result of a crime
iz: getting the tag isn't
jurov: if it was "treasurer to be convicted" that would be another matter
iz: yeah, seems easy to throw it
assbot: [MPEX] [S.DICE] 900 @ 0.004 = 3.6 BTC [+]
assbot: [MPEX] [S.DICE] 1250 @ 0.004 = 5 BTC [+]
assbot: [MPEX] [S.DICE] 800 @ 0.004 = 3.2 BTC [+]
assbot: [MPEX] [S.DICE] 395 @ 0.004 = 1.58 BTC [+]
assbot: [MPEX] [S.DICE] 300 @ 0.004 = 1.2 BTC [+]
assbot: [MPEX] [S.DICE] 19000 @ 0.004 = 76 BTC [+]
kakobrekla: im not sure avalon will sell 600 units at 100 btc
assbot: [HAVELOCK] [KCIM] 1 @ 1.011 BTC [-]
kakobrekla: your bet is will be sold out in 1 day?
Bowjob: should it be 3 days then?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8568 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.8568 = 7.7112 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.857 = 3.428 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.858995 = 6.013 BTC [+]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00075263 = 5.3437 BTC [-]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00074912 = 2.1724 BTC [-]
assbot: [MPEX] [O.BTCUSD.C610T] 10 @ 0.09682584 = 0.9683 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.858994 = 2.577 BTC [-]
assbot: [MPEX] [S.DICE] 124 @ 0.00393432 = 0.4879 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.80000, Best ask: 59.80560, Bid-ask spread: 0.00560, Last trade: 59.80000, 24 hour volume: 71444.29658211, 24 hour low: 53.00000, 24 hour high: 60.88800, 24 hour vwap: 57.89681
mod6: haha, look at the lag
Bowjob: this makes the avalol delay a bit more bearable
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.858993 = 6.8719 BTC [-]
ThickAsThieves: Chaang, do you work the ups and downs at BTC-e for litecoin?
Chaang-Noi: i hold btc, ltc and asicminer, and yeah im on fucking fire this months
Chaang-Noi: i used to, i got over 200k ltc for free that way
Chaang-Noi: i sold 80k or so over .01 and if i get to buy back in i will
Bowjob: you can crash it yousel.. ltc holders are lemminhs
Bowjob: you can buy buck cheaper
Chaang-Noi: then i did crash it to .01 but it has not gone down much
Bowjob: its very steady at 50c ea
Chaang-Noi: you need like 200k just to move it and keep it
assbot: [MPEX] [O.BTCUSD.C410T] 8 @ 0.29453842 = 2.3563 BTC [+]
Chaang-Noi: yeah i just thought id better quit for now
Chaang-Noi: i know some big holders but... im not sure that is good for ltc over all
Bowjob: i wish i didnt dump 10k ltc
Chaang-Noi: i have a bit more to dump, im holding 84000 for a long time
kakobrekla: yeah ltc is nice, it shows true value of btc
Chaang-Noi: i hold more btc than ltc (in usd value)
Chaang-Noi: im a btc guy, but i saw an opertunity in ltc and i took it
kakobrekla: you are also not a finance guy or something
kakobrekla: i interpret it as "im being honest here"
Chaang-Noi: notice how the moves end at 7/8 of a dollar every time?
Bowjob: well, we are the new banking overlords
assbot: [MPEX] [S.MPOE] 3879 @ 0.00075613 = 2.933 BTC [+]
assbot: [MPEX] [S.MPOE] 1649 @ 0.00075702 = 1.2483 BTC [+]
assbot: [MPEX] [S.MPOE] 13172 @ 0.00076717 = 10.1052 BTC [+]
Chaang-Noi: yeah will shit himself once btc is 1000:)
kakobrekla: tune your masturbation amount, its is not correct
Chaang-Noi: that was from your "secret club" last night :)
kakobrekla: youd knew that if you were smart investor!
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.100001 = 1 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.1 = 0.4 BTC [-]
gribble: BTCUSD ticker | Best bid: 61.61009, Best ask: 61.97000, Bid-ask spread: 0.35991, Last trade: 61.97000, 24 hour volume: 92984.04562603, 24 hour low: 53.00000, 24 hour high: 63.78700, 24 hour vwap: 58.91450
assbot: [BTCTC] [S.MPOE-PT] 5 @ 0.000719 = 0.0036 BTC [+]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
kakobrekla: >Garrett, are you still considering an Avalon purchase after reading today's news?
kakobrekla: > batch3 will be sold between 80 and 115 BTC
Chaang-Noi: and batch 2 wont ship until end of may right?
Chaang-Noi: bfl has been dead silent the last week, dad is the key word
mod6: but Luke-Jr said they're gonna ship!
kakobrekla: still you have fury and another chip maker comming out
Chaang-Noi: i bet they will ship sooner or later...
gribble: There are currently 4485.7373 bitcoins offered at or under 65.0 USD, worth 288722.532564 USD in total. | Data vintage: 81.9425 seconds
gribble: There are currently 0 bitcoins offered at or under 54.66 USD, worth 0.0 USD in total. | Data vintage: 92.4132 seconds
gribble: There are currently 2353.8081 bitcoins offered at or under 64.66 USD, worth 150212.942787 USD in total. | Data vintage: 98.9168 seconds
gribble: There are currently 181.48403 bitcoins offered at or under 64.66 USD, worth 11578.8474952 USD in total. | Data vintage: 0.0011 seconds
gribble: There are currently 17923.735 bitcoins offered at or under 70.0 USD, worth 1216110.74987 USD in total. | Data vintage: 19.3849 seconds
Chaang-Noi: the whale is just waiting for suckers to list coins lower...
Bowjob: I updated the meme. I told a gaming forum about bitcoins way back then
Bowjob: gave them an update, they went holy shit
benkay: sounds like a waste of time
Bowjob: they will eventually give up and buy some in the future
Bowjob: I just wanna tell them. "I told you so"
Bowjob: seems childlish.. ehehehe
benkay: on a different topic, someone should put togther a REIT that runs on btc to swoop into shittily-banked countries and swipe their assets out from underneath them at a fraction of their real value because the natives are scared.
benkay: like I said, bowjob, waste of time. you could be building a company or something.
gribble: BTCUSD ticker | Best bid: 63.75000, Best ask: 64.73000, Bid-ask spread: 0.98000, Last trade: 64.73000, 24 hour volume: 91975.92783006, 24 hour low: 53.00000, 24 hour high: 64.99980, 24 hour vwap: 59.44622
Bowjob: heh, i accidentally wore my pants backwards
Bowjob: apparently its insanely good luck
Bowjob: I kinda feel bad for people who borrow BTC
Bowjob: they'll get gored by the bull
smickles: Bowjob: i just had someone ask me to lend to them when wer were ~10 bucks lower
Bowjob: I lent 3 BTC to a reputable person, I hope they make profit on it
Bowjob: thats when BTC was 58 bucks
Bowjob: in two weeks, BTC may well be $75
assbot: [BTCTC] [S.DICE-PT] 63 @ 0.00396 = 0.2495 BTC [-]
Bowjob: it was way more exciting when i was broke
Bowjob: living on 10 bucks a day
Bowjob: when i got my first paycheck
Bowjob: felt like a million bucks
Chaang-Noi: ;;8ball when goat dies will he get 72 virgins?
kakobrekla: want the old exciting way of life back?
assbot: [MPEX:S.DICE] 1D: 0.00381798 / 0.00413145 / 0.005 (160717 shares, 663.99 BTC), 7D: 0.00381798 / 0.00444285 / 0.00599987 (232474 shares, 1,032.85 BTC), 30D: 0.00300001 / 0.00596521 / 0.0069 (2433117 shares, 14,514.06 BTC)
Bowjob: Nah, I'm better off like this
Diablo-D3: kakobrekla: man, I wanna vanitygen that
Bowjob: the old exciting life.. ughh
Bowjob: 10 bucks a day. walk to school
Bowjob: Well, even at 10 bucks a day, I managed to save like $500 without starving myself
Bowjob: im pretty loaded right now, both fiat and btc
Bowjob: i wish id appreciate 10 bucks today like 10 bucks back then
Bowjob: and its just been 3 years, i can feel the price go up
Chaang-Noi: if i gave mt gox $100k usd think they could fix this?
Bowjob: mt gox makes way more than $100k
Chaang-Noi: kako i just be trollin, its what i do for a living
Chaang-Noi: i could not make more money at anything else, so i guess so
Chaang-Noi: when i go to a bar im the silent guy in the corner
Chaang-Noi: that all the hot girls go to and wai, and all the thai guys are like wtf? ;D
Chaang-Noi: yeah, in this box, im just an average fish
Bowjob: gah. i want a new coat
Bowjob: its freezing here in vancouver
Chaang-Noi: that is the last thing i want (a coat) i could use a goat.. grass is tall
Bowjob: id reckon spring and fall is actually colder than winter
Bowjob: winter is just.. idk lol. not as cold
Chaang-Noi: once i get a million usd im going to anartica, andyone else have plans for 1 million usd?
Bowjob: yeah, snow makes for warmer surroundings oddly enough
Bowjob: the wind just freezes me inside
Bowjob: are Cypriot banks still closed?
jurov: and they will likely stay closed longer
jurov: prolly after their parliament reaches some decision
Chaang-Noi: can anyone remember when btc broke 50? seems like yesterday
gribble: BTCUSD ticker | Best bid: 63.25002, Best ask: 63.48000, Bid-ask spread: 0.22998, Last trade: 64.05000, 24 hour volume: 86416.29418274, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.92861
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.33318 = 0.9995 BTC [-]
kakobrekla: you cant use it to trade btc/usd pair (yet)
gribble: BTCUSD ticker | Best bid: 63.48000, Best ask: 63.60000, Bid-ask spread: 0.12000, Last trade: 63.48000, 24 hour volume: 86370.84658881, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.93938
jurov: kako i know, just that you may want to comment there
jurov: it took me a while to understand how btc is used on bit4x
jurov: oooh, me too. still have screenshot of how was coinbr announcement received by reddit
jurov: for shits and giggles
gribble: BTCUSD ticker | Best bid: 63.50002, Best ask: 64.00000, Bid-ask spread: 0.49998, Last trade: 64.00000, 24 hour volume: 86281.05475386, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.95506
Chaang-Noi: <amphipod> Mar20 17:04:03 mtgox x5 100.0000 @ 64.00246812 USD life
gribble: BTCUSD ticker | Best bid: 63.50003, Best ask: 64.42999, Bid-ask spread: 0.92996, Last trade: 64.43000, 24 hour volume: 86359.93202852, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.96982
gribble: Next Price Estimate: 70.872978 | Next Price In About 2 days, 23 hours, 11 minutes, and 14 seconds
Bowjob: the mpex OIX is so wrong
Bowjob: it said $39 or something
jurov: what do you think, will mp manage to add new options before price crosses 75?
assbot: [MPEX] [S.MPOE] 10850 @ 0.0007499 = 8.1364 BTC [-]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / 57.56498348 / 57.56498348 (6790 shares, 792.60 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: BTCUSD ticker | Best bid: 63.68001, Best ask: 63.79500, Bid-ask spread: 0.11499, Last trade: 63.79500, 24 hour volume: 85046.90197713, 24 hour low: 55.10000, 24 hour high: 64.99980, 24 hour vwap: 60.10183
gribble: BTCUSD ticker | Best bid: 63.38002, Best ask: 63.60130, Bid-ask spread: 0.22128, Last trade: 63.38002, 24 hour volume: 85696.78091179, 24 hour low: 55.30001, 24 hour high: 64.99980, 24 hour vwap: 60.17280
Bowjob: im thinking of a black aventador/ mhm
kakobrekla: lol reddit jurov, one idiot bigger than the other
assbot: [MPEX] [S.DICE] 1800 @ 0.004 = 7.2 BTC [+]
jurov: how do you mean "reddit jurov, one idiot bigger than the other" ?
assbot: [MPEX] [S.DICE] 18481 @ 0.004 = 73.924 BTC [+]
kakobrekla: commenting the comment posted on that forex thread or whatever the thing is called on reddit
jurov: okay... just got alternative meaning of that sentence first
pigeons: usagi is offline now but he sent me a query that he's upset because he claimed i lied to him because he told me not to post the spreadsheet to a public web page or post it to the forum
pigeons: and he claims I sent derived an edited copy, which I did not
jcpham: hey pigeons guess who i believe
jcpham: i bet you'll never guess
jcpham: pigeons always starting drama on the forums
pigeons: kakobrekla: i didnt post it, i sent it to deprived who posted an except of the part that shows he calculates exactly what a share is worth a knows its 100% overpriced
pigeons: and i didnt send an edited version of course, why would i do that?
assbot: [MPEX] [S.DICE] 5 @ 0.004805 = 0.024 BTC [+]
Chaang-Noi: okay in a few days ill pay for the next share:)
pigeons: he says im revoked from access
Chaang-Noi: i dont think that will be hard to find
assbot: [MPEX] [S.MPOE] 2600 @ 0.0007499 = 1.9497 BTC [-]
assbot: [MPEX] [S.MPOE] 3056 @ 0.00074912 = 2.2893 BTC [-]
assbot: [MPEX] [S.MPOE] 592 @ 0.00074461 = 0.4408 BTC [-]
assbot: [MPEX] [S.MPOE] 652 @ 0.0007446 = 0.4855 BTC [-]
jurov: so,all s.dice @0.004 gone, what shall i do with the stash? wait for divs?
mod6: looks like .003 is a good support level in ther
jurov: heh nobody wants to sell less than 66% of ipo price
jurov: would move it to bf and sell there, if g.sdice wasn't ghost town :(
assbot: [HAVELOCK] [HIM] 1 @ 1.856 BTC [-]
jurov: btc grows too fast, ruins stock trade :( haha
assbot: [HAVELOCK] [SDICE] 3 @ 0.494 = 1.482 BTC [+]
smickles: soebot up and running again :)
jborkl: on tu silver - i looked at that report
mpexbot: jurov: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
jurov: oh that's other bot
mpexbot: i can see you with half you face painted blue right now, mircea_popescu
jborkl: 35 bitcoins miuns debt applied of 46 btc
smickles: jurov: the broken link thing happens when the bot hasn't seen someone start a line with the given word
mpexbot: and trades by email are supported automatically?
jborkl: so the fund is worth -8 approx btc?
smickles: usagi wanker wanker bumble but
mpexbot: smickles: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
mpexbot: jurov: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
pigeons: i don't know, he ownse some options on his own shares and some JAH mining shares
assbot: [HAVELOCK] [SDICE] 1 @ 0.484 BTC [-]
jborkl: ^ approx value of tu.silver- if I am not missing something
benkay: we need to push people running bitcoin companies on extreme transparency
benkay: verifiable business practices
benkay: i'm glad that people on the forum are running usagi through the grinder
XRPTrader2: i think the real question is "how many russian mobsters do we need to get to buy bitcoin?" :D
benkay: bar needs to be way higher.
benkay: need is such a strong word. typically used by people who don't really understand what it is to need a thing.
benkay: i need a vpn to do my stuff
XRPTrader2: is reading satire one of your strong points?
benkay: just use ssh, and fish through the connections with a coathanger
benkay: but while we're on the topic, what was the actual point you were trying to make? i can't read it through all the funny.
benkay: (also it turns out i do need a vpn, for efficiency. the thing about using irony online is that you have to explain it to people. hence, "coathanger".)
pigeons: i just let them think im stuoid
benkay: thanks for posting the thing, pigeons
benkay: pass my thanks on to team plz
gribble: You rated user usagi on Sun Nov 11 18:00:33 2012, giving him a rating of -1, and supplied these additional notes: defaulted on this:
http://bitbin.it/nPDQRLME and tries overcome simple facts with appeals to emotion.
benkay: where did he respond to defaulting?
gribble: You rated user usagi on Thu Nov 15 13:23:03 2012, giving him a rating of -1, and supplied these additional notes: person strikes me a bit flaky.
benkay: or address his failure to pay?
topace: it'll be listed on havelock under symbol VTX
smickles: benkay: basically, shit was hitting the fan with glbse, I asked him if he'd be able to pay. he said yes, then vanished for a while, defaulted and then said i was heartless
gribble: Nick 'topace', with hostmask 'topace!~kvirc@unaffiliated/topace', is not identified.
benkay: i trust your read on the thing
benkay: pigeons, correct me if i'm wrong, but it's bad form to rate someone without having performed a transaction with them
benkay: but *I think* that it's bad form...
pigeons: benkay: i disagree as does the founder of the web of trust
pigeons: i used to hold back more, but people have been scammed and i never said anything
smickles: also, people have been scammed b/c i didn't rate people
benkay: has anyone done any work on distributing the WoT?
pigeons: benkay: yeah v2 proposal is distributed #bitcoin-wot
pigeons: and i did do business with him , i bought his cdos from mpex and he proceeded to sell all the C out from the DOs and then told me it was impossible for cpa to go bankrupt when i asked him about it
benkay: and you're not rating him for that?
benkay: why the "seems flaky" instead of "fucked me hard"?
pigeons: i cant even succintly explain all the stupid involved for a rating
pigeons: cause that's his problem, he's a fuckin nut
pigeons: the -1 was at a time when he was working to repay folks
pigeons: my rating of usagi is, dude is flaky, warning
gribble: Rating entry successful. Your rating of 2 for user topace has been recorded.
pigeons: usagi had 3 different risk profiles for his cdos, and he bought OBSI.HYPT (High Yield Pass Through into secret business model now run away with the money) in the EXTREMELY LOW RISK group
☟︎ pigeons: also flat out lied about the valuations. something sells for X and he says "book value" is X * 10 because mining is looking good
topace: i should figure out how to auth myself with gribble again
benkay: curl whatever | gpg --decrypt
benkay: send plaintext to gribble
gribble: Nick 'topace', with hostmask 'topace!~kvirc@unaffiliated/topace', is identified as user topace, with GPG key id A49472A32D4FCE50, key fingerprint 08AEAC40F3086E6131B39762A49472A32D4FCE50, and bitcoin address None
gribble: Currently authenticated from hostmask topace!~kvirc@unaffiliated/topace . User topace, rated since Wed Jun 8 15:37:29 2011. Cumulative rating 25, from 10 total ratings. Received ratings: 10 positive, 0 negative. Sent ratings: 6 positive, 0 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=topace mpexbot: smickles: Bids: ['1576 @ 0.00393432', '5034 @ 0.003198', '805000 @ 0.0031', '116759 @ 0.00100118', '42030 @ 0.00100117']
mpexbot: smickles: Asks: ['995 @ 0.004805', '201 @ 0.005', '6623 @ 0.0051', '41800 @ 0.0056', '19183 @ 0.00576999']
assbot: [MPEX] [S.DICE] 995 @ 0.004805 = 4.781 BTC [+]
assbot: [MPEX] [S.MPOE] 3241 @ 0.00076404 = 2.4763 BTC [+]
assbot: [MPEX] [S.MPOE] 592 @ 0.00076716 = 0.4542 BTC [+]
assbot: [MPEX] [S.MPOE] 5059 @ 0.00076717 = 3.8811 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.2 BTC [+]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.00178 = 0.0178 BTC [-]
dub: just realised who the bitcoin pride guy is
assbot: [BTCTC] [BITVPS] 1 @ 0.00413 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.00412 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.0041 BTC [-]
assbot: [BTCTC] [BITVPS] 3 @ 0.00369 = 0.0111 BTC [-]
assbot: [BTCTC] [BITVPS] 10 @ 0.00351 = 0.0351 BTC [-]
assbot: [BTCTC] [BITVPS] 3 @ 0.00328 = 0.0098 BTC [-]
dub: one of realsolids fan boys or perhaps personalities
benkay: wow the shirts on that site are uniformly horrid.
dub: one of the top 5 most retarded forum users
benkay: let's just cement the tech community's reputation for misogyny.
benkay: not one "Free the Market, Free the World" shirt.
jurov: Also,CoinBr.iDiff-E sells now at 0.095 only.
assbot: [BTCTC] [BTC-BOND] 10 @ 0.0099 = 0.099 BTC [+]
smickles: no, al gore is a big fan of bitcoins
mod6: lol fuck al gore in his ear
assbot: [BTCTC] [BTC-BOND] 28 @ 0.0099 = 0.2772 BTC [+]
gribble: BTCUSD ticker | Best bid: 63.64997, Best ask: 63.64998, Bid-ask spread: 0.00001, Last trade: 63.64997, 24 hour volume: 80512.67272484, 24 hour low: 57.02000, 24 hour high: 64.99980, 24 hour vwap: 60.83886
assbot: [MPEX] [S.DICE] 1 @ 0.00499999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.858991 = 1.718 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.858991 = 6.8719 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.858991 = 5.1539 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858991 BTC [-]
ThickAsThieves: thinking out loud, is it possible asicminer was waiting to increase their hashing a lot until they had met their IPO obligation of .01? Now that they have pretty much reached that, they can start paying themselves half.
ThickAsThieves: they also mentioned that they might hold back on hashing in the future to try and reduce difficulty changes
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858 BTC [-]
jurov: $91/BTC = "One beeellion dollars"
pigeons: wow, that's like $250/oz in fan club silver
gribble: There are currently 18945.979 bitcoins offered at or under 70.0 USD, worth 1287280.13071 USD in total. | Data vintage: 0.0018 seconds
gribble: There are currently 18661.56 bitcoins offered at or under 69.99 USD, worth 1267370.78922 USD in total. | Data vintage: 5.7516 seconds
gribble: There are currently 2767.5768 bitcoins offered at or under 65.0 USD, worth 179691.531073 USD in total. | Data vintage: 21.2104 seconds
jurov: ThickAsThieves, stop, ur killing mtgox :)
jurov: if today someone on the street asked me what bitcoin costs, i'll be liek
jurov: $50.. err.. $60... err... lemme check
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858991 BTC [+]
benkay: 24hr weighted avg of biggest exchanges, maybe.
gribble: Error: "vwap" is not a valid command.
benkay: volume weighted or anything?
gribble: Error: "bc,12hprc" is not a valid command.
jborkl: smickles, I have some windows user install instructions
benkay: documentation's a bit lacking.
smickles: jborkl: I'd love to have them :)
jborkl: you want me to email it?
smickles: jborkl: btw, i'm working on improving the appearance of the 'long list' sort of things like bids/asks and the overall market view
assbot: [MPEX] [S.MPOE] 3700 @ 0.00076717 = 2.8385 BTC [+]
jborkl: ok, cool- I just got it working- took a break from yesterday.
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.85899 = 8.5899 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.85899 = 1.718 BTC [-]
assbot: [BTCTC] [B.YABMC] 2 @ 0.0111 = 0.0222 BTC [+]
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.32001 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.00801 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.00801 BTC [-]
unbalanced: So is the Fed buying all the Bitcoins up er wot?
unbalanced: I hear he invented Bitcoin. Or was it the internet?
Namworld: It's ah me, Mario! Buying all the BTC at 1 coin = 1 BTC.
Namworld: 100 oz giant gold coins I keep collecting everywhere.
jurov: ph, algore. wait till billg arrives
jurov: the father of internet, universe and everything
assbot: [MPEX] [S.MPOE] 3964 @ 0.00076717 = 3.0411 BTC [+]
unbalanced: Or is this surge caused by certain Russian "interests" getting their money the heck out of Cyprus?
billg: lmao this nick was free!
Namworld: Occam's razor... those scenarios...
benkay: you should grab unbalanced_payments
benkay: and make a bitcoin company with that name
benkay: confuse the shit out of some people.
Namworld: The simplest explanation is a bunch of newcomers hearing of the price going up wants in. Further raising the price... further attracting newcomers.
Namworld: The higher the price, the more interest there is from the general population.
assbot: [MPEX] [S.MPOE] 1 @ 0.00076717 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.858989 = 2.577 BTC [-]
Namworld: It's gonna burn all the little guys.
jborkl: Succesful windows buy smickles- adding to the order book and cancel works alsl
Namworld: Well I'm sure Bitcoin is raising in value, regardless of this exponential price rise.
unbalanced: OTOH, if this keeps up for 100 more years, I may eventually be rich.
Namworld: Just that the current price is mostly fueled by speculation. It is my belief.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.858988 = 1.718 BTC [-]
billg: ^this is then fueled by what?
Namworld: I'm waiting for the price to go down. Even if it doesn't... well I have a fair amount of BTC even if not much.
MJR_: see nassim taleb about bitcoins?
MJR_: or al gore? awesome
Namworld: It's fueled by their massive amount of hashing power.
unbalanced: Namworld: I agree, I don't know where it'll be in a year or 5 but I can't see it back at 2.50.
Namworld: yeah, not going to drop at 2.5 again I think...
Namworld: But maybe a low of 15 USD/BTC at the low of the crash.
unbalanced: Taleb/Gore said something about Bitcoin? Googling...
Namworld: Maybe then go and stabilize around 30 USD/BTC?
Namworld: Complete bogus speculation on the price anyway.
Namworld: I was thinking of slowly buying back tho.
MJR_: I hedged by investing dollars to lend at bitfinex
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858988 BTC [-]
Namworld: Imagine if price skyrockets to 1k USD a BTC during this which I expect to be a bubble and all BTC-BOND holders want to cash out right away? Would be expensive to buy and complicated to sell assets to cover them.
assbot: [BTCTC] [GSDPT] 1 @ 0.00444 BTC [-]
Namworld: I've removed ask and will buy back at least a good portion of it.
deadweasel: that site looks like it took upwards of 12 minutes to make
assbot: [BTCTC] [BTC-BOND] 400 @ 0.0099 = 3.96 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.858989 = 2.577 BTC [+]
smickles: jborkl: Thanks for the instructions. The only thing is that you shouldn't need pympex to get the MPEx gui to work, otherwise I'd be breaking pympex's license
jborkl: Let me move that , one sec
assbot: [BTCTC] [S.DICE-PT] 50 @ 0.00399 = 0.1995 BTC [+]
jborkl: ok, remove that from the instructions, you are correct
jborkl: also, I forgot to add- you need to choose to have Kivy open the mpexgui- right click and assign it to always open this file
smickles: oh windows is so strange to me now
jborkl: smickles, I just read Cython is included in Kivy for windows- So no need to download that separate
unbalanced: benkay: sorry for the delay I was off reading - good idea!
benkay: no apologies necessary, unbalanced. your cycles were probably better burnt on whatever you were reading.
ThickAsThieves: LTC on BTC-e.com - Sell orders = Sell orders 902842 LTC, Buy Orders 968BTC
benkay: on the same topic, a local goldbug just got back from argentina, where he rented a car with bitcoins
assbot: [BTCTC] [COGNITIVE] 2 @ 0.24 = 0.48 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24995 BTC [+]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.24997 = 0.7499 BTC [+]
unbalanced: Did he say how's their hyperinflation was coming along?
assbot: [BTCTC] [COG.F] 1 @ 0.002499 BTC [-]
assbot: [BTCTC] [COG.F] 2 @ 2.5 = 5 BTC [+]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00077103 = 2.236 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.858989 = 1.718 BTC [+]
assbot: [MPEX] [S.MPOE] 1082 @ 0.00077103 = 0.8343 BTC [+]
assbot: [MPEX] [S.MPOE] 6300 @ 0.00077104 = 4.8576 BTC [+]
assbot: [MPEX] [S.MPOE] 2318 @ 0.00077128 = 1.7878 BTC [+]
smickles: jborkl: "uniextractor" is that how it's actually spelled?
unbalanced: Namworld: excuse my thickness but how would more hash power (ASICMINER) drive up BTC/USD? It sounds logical but I'm not sure I understand the cause/effect steps
unbalanced: Is it because other miners need a higher exchange rate to keep mining, and the network needs the other miners?
jborkl: Overall security of the network increases value
smickles: jborkl: once you have asigned kivy to always open the file, can you launch MPEx just by double clicking MPEx instead of Kivy.bat?
peterl: But overall security has diminishing returns, doubling the hash rate does not give double the security
unbalanced: So more powerful verification mechanisms (ASIC-based miners) improve the utility/value of Bitcoin... right.
jborkl: I agree overall security does not provide hash double and price double
jborkl: I think we are at a unique point reached in January
unbalanced: Thousands of Europeans fleeing tax grabs are probably more of a factor I guess.
dub: theres a historical correlation between difficulty and price, its probably a hangover from that
kakobrekla: theres support and resistance in profitability
kakobrekla: support being around 0.2 and resistance 0.5 or so
kakobrekla: my bet is support will go lower with asic
jborkl: Cheaper and easier, less technical know how. Now the main thing is people choosiing a pool that is not going to rip them off...
smickles: kakobrekla: i hadn't seen those charts of yours before. Would it be tough for you to add a 1 month chart?
benkay: cheaper to hash? how? with the advent of very expensive asic miners, how are things cheaper?
jborkl: Aic miners are much cheaper
peterl: the people with the asics get it cheaper, the gpus will be forced to drop out cause they are less efficient
benkay: except upfront cost to buy
jborkl: till a equilibrium is reached
benkay: capital requirements just went *up* friends.
peterl: does anybody know how long an asic is expected to last?
benkay: peterl: an excellent unanswered question.
deadweasel: so it's not a huge jump from there to a an asic
peterl: I mean, if you can keep mining on them for years it would lower the capital costs, but if they burn up in a couple months it is a ll a waste
benkay: i don't play in the space, but i thought they were like 15k
jborkl: FPGA's didnt burn up and GPUs didnt burn up - the power consumption of a ASIC tells me it will not burn up
peterl: maybe estimate the price in $ per Mhash?
dub: theres only one asic vendor shipping and only just, quality looks average but too soon to know about failure rate
deadweasel: i'd just be afraid of buying a rushed product.
benkay: just because fpgas and gpus don't burn up implies nothing about quality of current bitcoin hashers
benkay: silicon design is non trivial
jborkl: Asic chips are all over, used every day
peterl: From what I read in the AsicMiner thread it sounded like he used a generous line width, which I think means they will be pretty robust?
dub: well 100% of gpus will burn up if deployed wrong
assbot: [MPEX] [S.MPOE] 132 @ 0.00077128 = 0.1018 BTC [+]
assbot: [MPEX] [S.MPOE] 2694 @ 0.00077397 = 2.0851 BTC [+]
peterl: anybody know why ESECURITYSABTC is trading at 2x it's face value? Is it just because of the rapid change in btc price?
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.004 = 0.04 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8588 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.00399 = 0.399 BTC [-]
jborkl: smickles, have you tried the mpexgui on android yet?
assbot: [BTCTC] [S.DICE-PT] 300 @ 0.00398 = 1.194 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8588 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8588 = 1.7176 BTC [-]
smickles: jborkl: I have not. Currently, my goals are to improve the look of the long lists, then get all mpex commands into the gui. That said, i've looked at what it takes to deploy a kivy app on android and it seems entirely doable
jborkl: I am trying Kivy launcher on Android, I will let you know how it goes
Namworld: I thought billg was referring to the [16:53] <@assbot> [BTCTC] [ASICMINER-PT] 2 @ 0.858988 = 1.718 BTC [-] thing
Namworld: I don't see hashing having much of an impact.
unbalanced: Ah I was just looking for more info re: your mention of the ASICMINER above
smickles: jborkl: I put a 'thank you' line into the windows install instructions, is that ok with you?
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
billg: yes i meant asicminer
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.8588 = 3.4352 BTC [-]
assbot: [MPEX] [S.MPOE] 3656 @ 0.00077397 = 2.8296 BTC [+]
assbot: [MPEX] [S.MPOE] 8544 @ 0.00077505 = 6.622 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.99 BTC [+]
assbot: [MPEX] [S.MPOE] 1 @ 0.00075921 BTC [-]
gribble: BTCUSD ticker | Best bid: 65.20001, Best ask: 65.50000, Bid-ask spread: 0.29999, Last trade: 65.50000, 24 hour volume: 88665.03030319, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 61.61345
smickles: mircea_popescu: you missed the one in bloomburg, and the one in businessweek?
Bowjob: id like to see a US dollar crisis
Bowjob: "worth over 53 dollars"
Bowjob: while it is true, I feel the article is outdated
Bowjob: a paradigm shift is occuring
gribble: BTCUSD ticker | Best bid: 65.20009, Best ask: 65.49999, Bid-ask spread: 0.29990, Last trade: 65.49999, 24 hour volume: 88714.34219636, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 61.63805
mircea_popescu: it's gotten to the point i can't sleep cause i miss out
Bowjob: at first i was like.. yeah bitch imma cash out!
Bowjob: hey. in the future, i'll just end up spendingBTC
assbot: [MPEX:S.MPOE] 1D: 0.00070356 / 0.00073898 / 0.00077505 (248006 shares, 183.27 BTC), 7D: 0.00066743 / 0.00071994 / 0.00077505 (2748479 shares, 1,978.76 BTC), 30D: 0.00061614 / 0.00070585 / 0.00078628 (38121639 shares, 26,908.39 BTC)
Bowjob: without trading btc for fiat
benkay: that sounds more like thinking, bowjob ;)
Bowjob: it doesnt make sense to kill btc for fiat.. fiat will rot
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.8588 = 3.4352 BTC [-]
benkay: being of sound mind and body, i'm converting my fiat as fast as i can, and spending the rest
Bowjob: im keeping around ~7k worth of fiat
Bowjob: some people owe me like 4k fiat
Bowjob: or.. idk, wasn't around for the drama
mircea_popescu: nefario is this chav that figured he's seen some bankers on tv so he's just as good.
Bowjob: I missed the pirate boatshow, bruce wagner, ASIC announcement
mircea_popescu: usagi is this white trash that has seen some women so he thinks he's a woman.
Bowjob: so I came in pretty late in the game
assbot: [BTCTC] [GSDPT] 1 @ 0.00401 BTC [-]
assbot: [BTCTC] [GSDPT] 2 @ 0.0039 = 0.0078 BTC [-]
mircea_popescu: i hope btc goes over 70 so i can claim the first bitcoin corp over 50mn mkt cap
benkay: mircea_popescu: "first!"
dub: usagi must be a scammer because DT has endorsed it
mircea_popescu: i imagine the 1st to go over 1bn will make a larger splash anyway.
mircea_popescu: dub funny how that works out huh. that guy just won't learn.
dub: DT has a gift for detecting scammers
mircea_popescu: dub asicminer hasn't blown up so far, that's pretty much his only exception afaik.
dub: all he's doing with AM is a PT, theres still plenty of scope for that to asplode
dub: who wants to buy some AM!
mircea_popescu: basically the usagi threads are like old style russian manuals, and usagi is the delegated evil character which makes all the mistakes so the law abiding engineer guy with a soft love interest can set the record straight explicitly for the benefit of the reader
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.8588 = 5.1528 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.8589 = 3.4356 BTC [+]
assbot: [BTCTC] [GSDPT] 5 @ 0.0044 = 0.022 BTC [+]
benkay: is that a trope in russian lit?
benkay: or were manuals really written like that?
benkay: also, iono what's in that envelope, but homie's probably about to get hiiiiigh
benkay: i was going to lock this server down
benkay: i was going to run bitcoind somewhere other than the box running my web app
benkay: i was going to lower the amount in the hot wallet
benkay: now bitcointalk's on my ass
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.104999 BTC [+]
jurov: i hope bitbet first referral wins? or if user clicks on other ref url it's replaced?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8589 BTC [+]
[\\\]: mircea_popescu: thank you.
[\\\]: I look forward to my monthly $.27
[\\\]: I think you should raise fees more.
[\\\]: like 60 BTC at least
[\\\]: jurov, I see you've learned :)
[\\\]: see, everday is a teaching experience.
[\\\]: so if you double, I get >$1.00
gribble: Error: ".63" is not a valid command.
jurov: [\\\] you ain't ever get anything for free anymore
mircea_popescu: this from the "you are tearing down churches with no proof that god doesn't exist".
assbot: [MPEX] [S.MPOE] 6700 @ 0.00077402 = 5.1859 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8589 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858989 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 51 @ 0.000712 = 0.0363 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.34 = 1.02 BTC [+]
[\\\]: jurov, I didn't get anything for free
pigeons: "Is there an affiliate program?"
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.33319 = 0.9996 BTC [-]
[\\\]: jurov, you must have missed the part where I sold an idea
[\\\]: paging BFL hardware, table of 1
[\\\]: oh right, coming soon.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858989 BTC [+]
pigeons: oh shit our test rig broke
[\\\]: we need a test rig for the test rig damnit!
jurov: [\\\] expects to be bribed to not ask mp to increase fees
pigeons: which has nothing to do with a mining rig by the way
[\\\]: pigeons: wouldn't throwing the chip on a board and seeing if it hashes be a good way to test it?
jurov: that kind of ideas
[\\\]: after all, he can have boards printed in like less than 24 hours
pigeons: [\\\]: probably how avalon did it, and why they only had 3 working units after a whole run of components
[\\\]: avalon has other issues
mircea_popescu: so basically here's march and we still don't have an asic maker
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.858989 = 4.2949 BTC [+]
gribble: BTCUSD ticker | Best bid: 63.12999, Best ask: 63.13000, Bid-ask spread: 0.00001, Last trade: 63.13000, 24 hour volume: 91479.15178779, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 61.92404
Bowjob: 5 steps forward, 2 steps back
[\\\]: mircea_popescu: bfl is an asic maker
smickles: "Earn Bitcoin at the First Business Opportunity using Bitcoin as primary currency." lolwut?
[\\\]: they just haven't shipped yet
[\\\]: why you gotta be trolling man?
[\\\]: why's everyone hating?
[\\\]: They took the preorders in July.. middle of March.. 8 months later
smickles: "All users of Bitcoin-Qt/bitcoind versions 0.7.2 and earlier are required to upgrade to 0.8.1..." REQUIRED!
[\\\]: Jesus, might as well make a baby.
[\\\]: its cheaper and quicker
[\\\]: smickles, yes. db locking is being a bitch.
[\\\]: pizzaman1337: not always.
[\\\]: bishes got horomones.
Bowjob: anyone here use electrum
smickles: lol, Dooglus has "I am pretty confident we are the new wealthy elite, gentlemen." in his sig now
Bowjob: its been there for a while\
Bowjob: and we are indeed the new wealthy elite
smickles: Bowjob: i dunno about you, but currently, it'd have to be about 1666666 usd/btc for me to begin considering that
gribble: There are currently 5896.4315 bitcoins offered at or under 67.0 USD, worth 386684.371278 USD in total. | Data vintage: 0.0016 seconds
Bowjob: how much btc do you have
smickles: hundreds and hundreds of bitcoins :D
Bowjob: i thought everyone here owned 1000s and 1000s of btc
smickles: i might've, but i actually use them
smickles: and, i sold a fuckload of my s.mpoe when it was at like .00002 or somehting
deadweasel: well that was just good business sense, smickles...
Bowjob: I need to beef my security up
smickles: mircea_popescu: i kept a lot too, (and i think i put an extra 0 in there)
deadweasel: Bowjob: your auth.log not looking so hot?
[\\\]: smickles, decimals are magic.. you can add as many as you want after the decimal
[\\\]: you could have added like 200 of them
[\\\]: I sold a ton of s.mpoe at .00020000000000000000000000000000000000000000000000000000000000000000000000000
Bowjob: electrum keeps saying synchronizing
[\\\]: it is having a hard time adding 0
assbot: [BTCTC] [B.YABMC] 1 @ 0.01993 BTC [+]
assbot: [MPEX] [S.MPOE] 328 @ 0.00075921 = 0.249 BTC [-]
assbot: [MPEX] [S.MPOE] 3000 @ 0.0007592 = 2.2776 BTC [-]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00075919 = 2.2017 BTC [-]
assbot: [MPEX] [S.MPOE] 2849 @ 0.00075675 = 2.156 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.004999 = 4.999 BTC [-]
assbot: [MPEX] [S.DICE] 999 @ 0.00499999 = 4.995 BTC [+]
assbot: [MPEX] [S.DICE] 201 @ 0.005 = 1.005 BTC [+]
assbot: [MPEX] [S.DICE] 6623 @ 0.0051 = 33.7773 BTC [+]
assbot: [MPEX] [S.DICE] 26004 @ 0.005598 = 145.5704 BTC [+]
gribble: BTCUSD ticker | Best bid: 63.50000, Best ask: 63.70002, Bid-ask spread: 0.20002, Last trade: 63.70002, 24 hour volume: 92771.15913148, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 61.99830
benkay: dunno if that counts as an 'asset' anymore.
Bowjob: I feel like eating steak
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858989 BTC [+]
Bowjob: its keeping its fiat value
dub: ok Bowjob is retarded
Bowjob: but dropping against btc
ThickAsThieves: first they wanted to smoke, then drink, now they wanna rap over some beats
benkay: at first, I read that as "I am getting crunk with my floor, guys"
dub: in related news, asicminer should be worht 3btc now
dub: AM is the only dog in the race
topace_: i havent been following, what did avalon do?
benkay: url markdown's broken in that post
Bowjob: avalon is gonna take a vacation
kakobrekla: i have a feeling they found a meter free elec plug and now making exuse not to sell by increasing the price xD
dub: topace_: admitted to not having shipped batch 1, not having capability to ship batch 2 and charging moonbeams for batch 3
topace_: dub: lol oh.. thats not good :p
mircea_popescu: but basically i think dub has it : they've decided not to ship but mine instead.
mircea_popescu: which they had been allegedly dfoing a little anyway (people reporting dusted units delivered)
mircea_popescu: tomorrow you figure since you're dipping anyway might as well keep it all.
mircea_popescu: what's the worst that can happen ? they get a btctalk scammer tag and a chinese relic hunter is hired to track them down and "have a chat" ?
mircea_popescu: dub so perhaps asicminer figures the same and your 3 isn't gonna be 3 for very long.
dub: and Bowjob has a peurto libre (sp?) level case of stockholm
Bowjob: haha sure buddy. whatever makes you feel better
benkay: put zhou tong on the case
dub: spew moar miconisms troll
dub: forum needs a 'ignore people with anime avatars' widget
dub: guaranteed waste of electrons
Bowjob: who are you? i dont even know who you are
Bowjob: im flattered you care so much about it. thanks
topace_: and bfl is "stuck on their test rig"
kakobrekla: bfl decided to refund customers in btc, you know 2 per and mine themselfs too
Bowjob: dub, you probably were offended by my bfl comments, someone's butthurt
Bowjob: and i dont have stockholm, I've covered my BTC purchase with fiat, actually
dub: im actually feeling a lot better about my bfl preorder now :)
Bowjob: haha i knew it. you were butthurt
benkay: so emotionally attached to their mining rigs
[\\\]: without miners, bitcoin would have no future
dub: if I was butthurt t'would not be due to you repasting the rampant threadshitting of the other clowns
[\\\]: mining with a gpu IS a miner
benkay: slashes, let me finish before you jump down my throat
[\\\]: benkay, then use punctuation.
benkay: asics are arguably bad for the ecosystem,
[\\\]: notice how the forum hasn't gotten any donations since January?
benkay: they cost a lot of money, and deliver a lot of hashing power to the purchasing entities.
[\\\]: benkay: you realize people said the same about gpu?
benkay: it's also hellza tricky to manufacture your own chips. not that i know from experience, never having sunk shitloads of money into a litho run and subsequent processing (knowing how much things cost in the first place).
benkay: this absurd focus on overpowered mining rigs is evident of an unhealthy focus on short term gains over long term tools to expand the bitcoin economy.
[\\\]: another rocket scientist here to school the rest of us
[\\\]: save us from ourselves.
mircea_popescu: [\\\] why'd the forum fget donations tho ? so theymos can come up with weird financial schemes ?
Bowjob: oh, and nice use of stockholm by the way, irrc I was the first one who used it against BFL. I'm honored
[\\\]: now we're gonna gonna split it up because one person can't hold it
[\\\]: and 2 of 3 is too complicated
[\\\]: mircea_popescu: at this point, its more than 200 bux
[\\\]: oh look, now its even more
mircea_popescu: benkay no, actually, asics are a crucial step in securing the network.
benkay: still hold that the furor over their delivery to market is idiots.
mircea_popescu: and in a sense it's good that a bunch of no starter corps did it first
mircea_popescu: this way when somebody makes a real run, it's dented somewhat
benkay: there are plenty of fabs here
benkay: gotta find some forward thinking intel folks
assbot: [MPEX] [S.MPOE] 2151 @ 0.00075675 = 1.6278 BTC [-]
benkay: granted, most are cubeslaves
dub: as a core developer, i look upon all Avalons as my son. i will send them to who believe us, not the faithless or buzzard.
mircea_popescu: if someone could talk them into sinking the moneyz into it.
mircea_popescu: if bitcoin weren't so retarded we'd have all ny escorts by now
mircea_popescu: and then i could find a foxy chick to train for this mission of infiltrating amd top brass
benkay: a southern california stanford student would suffice
benkay: probably not as smart as a new york whore
benkay: but more likely to raise the funds for an asic round
assbot: [MPEX] [S.MPOE] 5000 @ 0.00074461 = 3.7231 BTC [-]
assbot: [HAVELOCK] [HIM] 3 @ 1.98 = 5.94 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.99 BTC [+]
assbot: [MPEX] [S.MPOE] 3348 @ 0.0007446 = 2.4929 BTC [-]
assbot: [MPEX] [S.MPOE] 2552 @ 0.00074261 = 1.8951 BTC [-]
mircea_popescu: get rory & bruce in a fingertrap, 2014 sees 1mn asics delivered
tiberiusiv: anyone notice the daily transactions have fallen from 75k to 45k
benkay: local talent is better than no talent, and silicon valley has plenty of chip facilities and fabless foundries.
benkay: constant value of transactions with decreased value of fiat currencies?
assbot: [MPEX] [O.BTCUSD.P570T] 1 @ 0.07415034 BTC [-]
tiberiusiv: does the confirmation time decrease with more hasing power?
pizzaman1337: mircea_popescu: if I create and sell put options, and I want to buy them back before they exercise, how do I do that?
kakobrekla: it will retarget to 10 min every 2014 blocks or smth which is ~2weeks
gribble: Current Blocks: 227033 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 774 blocks | Next Difficulty In About: 3 days, 16 hours, 2 minutes, and 16 seconds | Next Difficulty Estimate: 6269965.33146 | Estimated Percent Change: 29.34038
jcpham: let me rephase, assuming all miners are "good" yes the linear thought is that confirmations should increase
jcpham: especially with pools ops increasing block size restrictions in their mined blocks
pizzaman1337: mircea_popescu: when I do that, should they be removed from the "To which add sums deposited as surety for 4th Friday settled option and future contracts" section?
mircea_popescu: tiberiusiv confirmation time is a function of the ratio between implied hash and actual hash.
jcpham: introduce nefarious hashpower and that doesn't hold true
mircea_popescu: if diff retarget works on 20th and then miners do 30th,
tiberiusiv: are those in here with substantial bitcoin holdings hedging ?
mircea_popescu: tiberiusiv i sold ~1k btc, but not really doing much other than that.
jcpham: throw some more o's in there
mircea_popescu: i mean, when options expire, you get collateral - put value back from collateral + put value back from holdings
tiberiusiv: this latest move has been too far too fast
pizzaman1337: Ok, I guess in two days I'll feel comfortable with this
benkay: or lose all of your money :D
benkay: that's the important thing.
benkay: too many focus on the former.
pizzaman1337: benkay: that's why I'm only messing around with <10 options this month...
benkay: mircea_popescu: devops is hard yo
assbot: [MPEX] [S.MPOE] 10764 @ 0.00074261 = 7.9935 BTC [-]
assbot: [MPEX] [S.MPOE] 1686 @ 0.00073845 = 1.245 BTC [-]
Chaang-Noi: go to bed, btc is 64, wake up btc is 64... btc is same! not happened in forever...
mircea_popescu: he's in the shitspot of all time. unlike mpex he doesn't make infinite moneyz so he can't spend infinite moneyz, unlike mpoe he can't just go "heh, trade on irc fu".
mircea_popescu: he may still solve the problem by proxiing as he's trying, but it'll be more work needed
mircea_popescu: Chaang-Noi you went to bed wrongly. i went to bed it was 60 woke up 64
benkay: disagree. 1000 is inevitable.
[\\\]: thats what they said about gold
Chaang-Noi: im willing to wait 2 to 5 years for 1000
TomServo: what is short term in bitcoin time?
mircea_popescu: tiberiusiv suppose the us fucks up. such as, california actually defaults.
[\\\]: illinois will default before california
[\\\]: detroit already defaulted, no?
jcpham: i heard bitcoin outperforms gold
TomServo: last i heard the state wanted to 'take over' detroit
jcpham: for like the first time in millenia
tiberiusiv: during a default fractional reserve lending works backwards and fiat dollars are destroyed, making the existing ones worth more
jcpham: shiney metal less valuable
mircea_popescu: we're discussing perception. the 50-65 runup was pretty much all cyprus media circus
mircea_popescu: yeah, but frankly i don't think anyone from outside much cared
tiberiusiv: 1000 bitcoin would mean the daily trade volume would have to be at least 100mil
the-bucket-shop: I think 50-65 was FinCEN saying it's not illegal to accept btc
[\\\]: most people don't even really understand what fincen means
TomServo: I think the topic being mentioned at that level means something at least.
jcpham: bitcoin foundation blog say ignore it kinda
mircea_popescu: [\\\] has it. fincen is important for people in the know. deeply in the know
[\\\]: hell, half the people in the know don't know
[\\\]: the report released right now is only guidance
[\\\]: nothing's technically changed
[\\\]: but something could change
tiberiusiv: fincen recieves so many suspiscious transactions a day its impossible to analyze them all
jcpham: then there is the rest of the world
tiberiusiv: kind of like the stazi in east germany, they collected so much data on people it just overwhelmed them and they couldnt do anything
mircea_popescu: tiberiusiv they didn't collect it lol. peopel just kept calling it in.
tiberiusiv: government bodies tend to be highly ineffective
jcpham: effectiveness is in the ends
jcpham: they've grown ineffetive
Chaang-Noi: FinCEN to me means soon large investers, lije hedge funds will pour money in, might be happening now
[\\\]: Chaang-Noi: shouldn't you be off with your rice?
jcpham: bitcoin has been perfect for hedging since day one
TomServo: regarding cyprus, how in the WORLD does a topic like that just get bandied about in politics?
Chaang-Noi: but hard to pour in millions and millions
jcpham: volatility,laws, and time are the problems
tiberiusiv: chaang-noi: if that was true we would see tighter bid/asks
tiberiusiv: doesnt take much to knock the price back to 50
Chaang-Noi: right now they are all buyers, they have noting to sell yet
[\\\]: jcpham: I actually thought he made a good point
tiberiusiv: i thought the depositers got a great deal in cyrpys
mircea_popescu: [\\\] of course he has a point. old elite gettingstomped is always a good time to nostalgia.
[\\\]: all the fail in the community isn't a good thing.
assbot: [MPEX] [S.MPOE] 2364 @ 0.00073845 = 1.7457 BTC [-]
jcpham: wait... who is the community again
assbot: [MPEX] [S.MPOE] 4286 @ 0.00073772 = 3.1619 BTC [-]
jcpham: i thought everyone had their own walled gardens by now
[\\\]: jcpham: I forgot this was compuserve
jcpham: should've built your castle by now
tiberiusiv: mircea: why did you choose to return to romania vs other EU destinations?
jcpham: in the age of kings who is your ally?
[\\\]: my moat runneth deap
mircea_popescu: tiberiusiv timisoara particularly is conveniently placed.
[\\\]: what happened to that bot? :(
jcpham: dude that blog is in funny symbols
jcpham: what does it mean brah
tiberiusiv: mircea: personal freedoms in RO vs US?
jcpham: what is th 2006-2007 cacriza
jcpham: wtf are you talking about
jcpham: is this vortex mathmatics
jcpham: i heard about that on a TEd talk once
tiberiusiv: i think you made a good choice vs new zealand
mircea_popescu: tiberiusiv let me give you a very good example that just happened recently.
jcpham: photons don't have mass mircea_popescu
jcpham: you should really watch that youtube
jcpham: learn something new for the oix metrics
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.91 = 2.73 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.92 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.92 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.92 = 3.68 BTC [+]
tiberiusiv: mircea: how is the cost of living there?
Chaang-Noi: if add in the dividends that is like 1 btc a share
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.928 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.921 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.921 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9289 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.929 = 2.787 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.929 = 2.787 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.929 BTC [+]
mircea_popescu: tiberiusiv minimum wage ~500 lei / month. comes to 150 bux
assbot: [HAVELOCK] [SDICE] 1 @ 0.47249999 BTC [-]
tiberiusiv: namworld: they are in the EU so any cheaper goods would get exported out
dub: out of tubes in the case of fish
assbot: [BTCTC] [CRYPTO-TRADE] 3 @ 0.195 = 0.585 BTC [-]
mircea_popescu: tiberiusiv about like italians, maybe a little better.
mircea_popescu: certainly has the world's best champagne, for instance.
mircea_popescu: lots of agricultural tradition, probably the oldest continuously farmed land in europe outside of italy proper.
tiberiusiv: i find it hard to believe you can survive on 150 a month
mircea_popescu: money has no value if everyone can survive on minimal wage. that's socialism.
mircea_popescu: you want to survive, you'd better start doing something useful.
Namworld: People here can survive on minimum wage =/
tiberiusiv: but youd be living in near 3rd world level
TomServo: easily possible once you starting cracking out the kids
dub: pack of smoeks is ~$20 here
mircea_popescu: you can just plant your own tobacco, costs you about 1 cent per leaf or something
tiberiusiv: canadian mcdonalds were pretty automated from the high minimum wage
mircea_popescu: it's not very good of course, but it's way better than any industrial crap.
smickles: i worked at a taco bell, saved up some money, bought some land
mircea_popescu: i dunno who still smokes ciggarettes with all the stuff they add
tiberiusiv: namworld: you cant survive on min wage in the US
smickles: there are cigs available w/o the additives
Namworld: Seems odd... I thought most were on or near minimum wage in most countries.
tiberiusiv: average US wage is about 22-24 per hour
smickles: min wage in 'merica is sufficient for survival if you arn't a fucking dumbass
Namworld: minimum wage is way more than needed...
tiberiusiv: what planet are you living on namworld?
smickles: I had a 1 room apt until i had enought to buy a plot of land and a cheep ass trailor
tiberiusiv: in canada you have to work 1 week @ minimum wage just to pay for car insurance
dub: in soviet canukistan wage minimums you
Namworld: 1 room appartment is too costly. Take a large one with co-tenants
tiberiusiv: 500sq ft apartments in toronto rent for like 1500
Namworld: Well don't go live in fucking toronto downtown.
tiberiusiv: namworld: anywhere else you need a car which is impossible to afford on min wage
tiberiusiv: i was just in ontario for a few months
tiberiusiv: its impossible to live in canada without a car
tiberiusiv: people were paying 200-400 a month in insurance from 1-2 speeding tickets lol
smickles: the scooter was awesome b/c it had a small enough engine that the state considered it a bicycle
Namworld: You can rent for 500 USD/month and have a 80$ monthly pass for public transit. Minimum wage is 10$ per hour so 400 per week or over 1600 per month. Cut 25% in taxes.
tiberiusiv: up at 6am to sit in traffic for 2 hours
smickles: i worke with plenty of people who couldn't manage their money, in their case 7.5/hr was not enough
Namworld: 1200 per month... you can live on that no problem in canada.
smickles: plus, they often refused to work more than 20hrs a week
tiberiusiv: namworld: you realize thats 50% below government povery line?
tiberiusiv: canadian government classifies under 24k a year income as poverty
Namworld: What poverty line? You lack nothing on minimum wages.
dub: I pay $1400/m in rent
jborkl: minimun wage pays effective federal tax
smickles: mircea_popescu: it was a better vehicle than the 82 mazda b2000
tiberiusiv: the high min wage means prices are sky high
Namworld: That may be. But it's feasible if you don't waste money.
jborkl: minimum wage is 8 or so
dub: mircea_popescu: thats business expense not personal
tiberiusiv: minimum wage in ontario was 10.50+ last time i was there
assbot: [MPEX] [S.MPOE] 4864 @ 0.00073772 = 3.5883 BTC [-]
assbot: [MPEX] [S.MPOE] 7782 @ 0.00073752 = 5.7394 BTC [-]
assbot: [MPEX] [S.MPOE] 8258 @ 0.00073383 = 6.06 BTC [-]
jborkl: realistic lowest wage paid to a adult is about 11
dub: mircea_popescu: I pay a lot more than that in mortgage repayments too
Namworld: WTF MAN! You don't need a freakin 1500/month appartment or eat 10$ meals at McD to survive!
tiberiusiv: car insurance 200-400 on a honda civic per month
Namworld: Chips are not 4$ and smokes... well really, smoking does cost a lot.
tiberiusiv: namworld: mcdonalds is cheaper then groceries
tiberiusiv: namworld: are you aware an average home costs 650,000 in ontario?
smickles: yeah, a good part of how i did well on 7.5/hr was that i cooked my own meals, had a veggie garden
Namworld: No car on minimum wage, but public transit, what's wrong with that?
Chaang-Noi: in australia shit is crazy high cuz of the boom, i was told about 12$ bananas
tiberiusiv: canadians survive on credit cards and home loans
Namworld: Well don't buy a 650k house in Ontario man...
tiberiusiv: ive never seen such a population loaded on credit
Chaang-Noi: in AU a guy drives a truck on a mine and makes $150k a year...
jborkl: alot of the us is too big for public transportation
tiberiusiv: public transportation sucks unless its those 300km/h trains
smickles: he who can manage his money is god among men
tiberiusiv: namworld: in canada to live well, ie go on vacation once a year and have stuff you need to earn 15k a month pretax
tiberiusiv: or else you just grinding paycheck to paycheck
mircea_popescu: meanwhile 15k a year in romania gets you two households with their women and children
dub: if you think eating mcdonals 3 meals a day is living well..
smickles: tiberiusiv: i don't know you, but you might benefit by traveling a little
tiberiusiv: dub: poor people eat mcdonalds in canada
tiberiusiv: for $10 you get enough calories for the day
mircea_popescu: the internet still the great social class mixer i see, bringing together those who otherwise would never meet.
smickles: why not eat boiled potatoes or smt
Namworld: tiberius: I can do the same on 2.5 per day if I wanted on regular groceries...
tiberiusiv: man how many times are you going to repeat that
smickles: mircea_popescu: an orange can't be that hard to come by
Namworld: I like a little bit of luxury in my diet tho.
tiberiusiv: toronto for example is more expensive then NYC
dub: yall niggas nee aquaponics
smickles: dub: fishing is awesome, even when since i had enough money to not have to do it, i still like pulling a fish out of the river for dinner
Namworld: There's tons of people living on less than 2k per month that don't lack anything. They have plenty of food, decent appartment, everything they need. You don't need 15k per month to survive. If you can't live without that kind of money... well really, I don't know what to say.
dub: smickles: I go fishing maybe once a wekk avg over summer
dub: smickles: got a kayak setup with sonar etc
tiberiusiv: You would need around 6,552.20lei (1,967.29C$) in Timisoara to maintain
tiberiusiv: the same standard of life that you can have with 4,900.00C$ in Toronto
smickles: dub: lol, i just need to look at the water/land to know where the fish are
dub: well the fact that you said river..
mircea_popescu: you can;'t realy compare romanian local cheese to canadian tho
dub: I prefer salt water fish
mircea_popescu: romanian cheese is like the expensive imported french gourmet stuff
Namworld: I thought the point was about having enough to live by without living from check to check
tiberiusiv: surviving on min wage in ontario is impossible
tiberiusiv: wait behind restaurants for unfinished plates
smickles: cuz you can't survive w/ 3rd hand clothes
Namworld: I think you mean Toronto, really. Not Ontario...
tiberiusiv: you need a car in ontario and the running cost is high
tiberiusiv: that would eat up 50% of your min wage salary
smickles: mircea_popescu: did you fix that url in 'strategic superiority'
Namworld: tiberius... I don't know of anybody with a car costing them 600 per month...
Chaang-Noi: lol at prototype, and lol anyone who is shocked at this, they claimed they never had anyhting working, and if their chip run was bad, ohhh lulz
Namworld: and you don't need a car, it is almost impossible on minimum wage.
Namworld: Although a bit cheaper than what you say.
Namworld: Unless you buy a new car every few years
tiberiusiv: if you are poor i think you are better off being poor in US then canada
tiberiusiv: because you can move to a warm state and at least have the climate
mircea_popescu: by early to mid next week. Should be pretty smooth sailing after that."
Namworld: idk about Toronto because I've never seen the prices there.
dub: tbh, you don't prototype an asic
dub: you know what im saying
Namworld: But really, from what I know, you're not on 3rd hand clothes or living on fast food on minimum wage. You have plenty of good food, new clothes, decent appartment and eveything on a minimum wage. No car, no vacation. But you have enough money, can spare to make savings and have sufficient extra money to spoil yourself a bit.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.9289 BTC [-]
tiberiusiv: namworld: you are so full of it im not going to continue, the government in canada classifies anyone under 22k a year as poverty
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.929 BTC [+]
Namworld: But those price you mentions are not representative of what I'm accustomed to.
tiberiusiv: the prices were high for everything there
tiberiusiv: namworld you must be living in the middle of nowhere, self sufficient
tiberiusiv: public transport is none existant in ontario
tiberiusiv: quebec cost of living is 30-40% lower then ontario since half the population is poor
tiberiusiv: and montreal is more european then american
Namworld: Your prices are for Toronto. And toronto jobs tend to pay much more than minimum wages. So are living costs.
tiberiusiv: min wage in quebec is like $4 isnt it?
Namworld: I think it got raised recently, maybe more than that.
assbot: Some are born to endless night.
gribble: BTCUSD ticker | Best bid: 64.65552, Best ask: 64.74999, Bid-ask spread: 0.09447, Last trade: 64.74999, 24 hour volume: 92565.60276454, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.28030
Namworld: oh, $9.90, 10.15 starting may 1st
Namworld: You probably struggle on minimum wage in Toronto, but wages are higher there, just like rents.
tiberiusiv: quebec has 20% youth unemployment rate thanks to the min wage
Namworld: Possibly the same in Vancouver.
tiberiusiv: 10 min wage in a poor place like QC lol only in canada
Namworld: QC ain't really poorer than the rest of Canada.
tiberiusiv: montreal is probably my favorite city in canada
Namworld: We're talking about something like 1/8th less than Ontario I think.
tiberiusiv: the roads are third world though in QC
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.05710373 = 57.1037 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.0512055 = 51.2055 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.0512055 = 51.2055 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.0512055 = 51.2055 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.0512055 = 51.2055 BTC [-]
Namworld: I think we might just not have the same definition of minimum needed.
smickles: woah, what is the table trader doing
smickles: at face value, that looks like a hard short
gribble: BTCUSD ticker | Best bid: 64.30000, Best ask: 64.40174, Bid-ask spread: 0.10174, Last trade: 64.40175, 24 hour volume: 92312.92023534, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.32727
Namworld: or Toronto prices are really high... but wages there are among the highests in Canada.
smickles: i guess that was cutting losses from earlier ?
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.05693195 = 56.932 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.05359251 = 53.5925 BTC [+]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.05359251 = 53.5925 BTC [+]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.05359251 = 53.5925 BTC [+]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.05359251 = 53.5925 BTC [+]
tiberiusiv: really would like to see a stronger bid wall
smickles: ah, i see that on the chart now
mircea_popescu: i guess he's buying it back on the theory that he doesn't want to earn that last .05 at the risk of one full week
mircea_popescu: All options expire on the last minute of the last Friday of their month (UTC times).
kakobrekla: > goat: well yeah, you know, this almost sounds like a scam :/ [on BFL] <- lol your standards
pizzaman1337: mircea_popescu: maybe I'm not interpreting this correctly, but from stat: "To which add sums deposited as surety for 4th Friday settled option and future contracts"
mircea_popescu: thing is, to make the thing real crazy, futures (the fiat ones) used to be settled 4th friday
pizzaman1337: I was wondering why the options mpexbot had up seemed high
smickles: futures are diff, love the pun
mpexbot: smickles: 1 day: no data 7 day: average: 56.18724421 high: 57.56498348 low: 51.19715374 volume: 10790 btc: 1011.43642332 30 day: no data
assbot: [MPEX] [O.BTCUSD.P550T] 1000 @ 0.05682571 = 56.8257 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 1000 @ 0.05351801 = 53.518 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 1000 @ 0.05351801 = 53.518 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 1000 @ 0.05351801 = 53.518 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 1000 @ 0.05351801 = 53.518 BTC [-]
error4733: gentleman be ready ! i'm bullish but i smell a huge correction !
gribble: BTCUSD ticker | Best bid: 64.10001, Best ask: 64.38999, Bid-ask spread: 0.28998, Last trade: 64.38999, 24 hour volume: 91573.17154420, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.35274
mircea_popescu: "Given that Krugman is against bitcoin, the thing is certain to succeed."
pizzaman1337: the mpex bot didn't price all of those options at 0.05351801, did it? how did they close at that level? (did the person trading have limit orders?)
mircea_popescu: if you look at the book all puts under 50 or so sell for 0.05351801
mircea_popescu: otherwise you could go 100k btc into mpoe bonds, then just buy cheap options and siphon interest away
Namworld: true. There's a minimum price for options.
PAPASO: hi,any chinese friend here?
smickles: mircea_popescu: lol, you hate the chiners?
smickles: heh, it's just the way you answered
PAPASO: yes, i want to trade option
smickles: it could be implied that noone here is friendly to the chinese other than rick. which isn't true ofc
PAPASO: buy i dont know how to use this system
assbot: [MPEX] [S.MPOE] 1146 @ 0.00072637 = 0.8324 BTC [-]
assbot: [MPEX] [S.MPOE] 133 @ 0.00072637 = 0.0966 BTC [-]
assbot: [MPEX] [S.MPOE] 2400 @ 0.00071967 = 1.7272 BTC [-]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00071778 = 7.1778 BTC [-]
assbot: [MPEX] [O.BTCUSD.P550T] 725 @ 0.05677964 = 41.1652 BTC [-]
assbot: [MPEX] [O.BTCUSD.P530T] 725 @ 0.05225451 = 37.8845 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 725 @ 0.05225451 = 37.8845 BTC [-]
assbot: [MPEX] [O.BTCUSD.P490T] 725 @ 0.05225451 = 37.8845 BTC [-]
assbot: [MPEX] [O.BTCUSD.P470T] 725 @ 0.05225451 = 37.8845 BTC [-]
pizzaman1337: if I'm doing my math right, it seems that person made > ~$100k? crazy
smickles: "There’s a reason supplying works a certain way. I order the goods, you deliver the goods within a couple of days and get paid within a couple of months. NOT the other way around. Never the other way around." mircea_popescu you must have a look at the kickstarter model
smickles: you pay for and order the goods, then they company may or may not even make the product, if they do, you might not get it
smickles: pizzaman1337: the neat thing is they do it over and over
pizzaman1337: I need more BTC, I want to play this game too...
Namworld: It's a game with huge losses and huge gains...
mircea_popescu: as in, shorted puts, price collapsed, covered same day
mircea_popescu: but yes, you can make a pretty penny if you have the capital
mod6: (19:24) < mircea_popescu> "Given that Krugman is against bitcoin, the thing is certain to succeed." << one of the best comments on that ZH article
gribble: BTCUSD ticker | Best bid: 64.20000, Best ask: 64.41999, Bid-ask spread: 0.21999, Last trade: 64.41999, 24 hour volume: 91269.99747505, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.38443
Chaang-Noi: i forgot we hit 66 when i was sleeping
mod6: well, i thought it was funny anyway.
Chaang-Noi: we spiked up to 65.3 and i got all tingely for nothing
mircea_popescu: so is Luke-Jr going back to bfl by early to mid next week ?
Chaang-Noi: i guess i dont understand what he is doing there
mircea_popescu: course it's much like inaba trying to prop bfl, you don't prop flagging scams with retarded trolls.
mircea_popescu: to prop, you know, stick a bit of wood in the way of a collapsing wall
Chaang-Noi: yeah, i dont think that is going to work cuz they keep going home with nothiong
mircea_popescu: but basically people get a 95% haircut if they refund, so...
Chaang-Noi: i think there is a rule that you have to wait 3 months after ordering or something
Chaang-Noi: but i have not seen many people bitching
mircea_popescu: no, they pretty much get to walk away with whatever they scammed off the idiots thinking they're the btc "community"
tiberiusiv: but the BTcs were instantly sold by bitpay
Chaang-Noi: your girl thinks bitcoin community = WoT
tiberiusiv: BFL would be massively insolvent if they had to issue full BTC refunds
mircea_popescu: so then let's make a new deal : you can't refund btc, you can't take btc.
dub: ;;getrating friedcat
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
tiberiusiv: well they used BTC as a medium of exchange
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
Chaang-Noi: selling stock to get money to build a company, if that is not finance i dont know what it is
mircea_popescu: it's actually worse than the usual glbse / usagi crap.
tiberiusiv: what ended up being the reason for glbse closing
mircea_popescu: he did it without advisory and he fucked it up pretty good.
mircea_popescu: you know how companies floating themselves retain the services of banks ?
mircea_popescu: this is because companies are not in finance, they are in whatever the fuck their ops are.
Chaang-Noi: friedcat did his own finance clearly, he did not hire a bank...
Chaang-Noi: he can do morethan 1 thing at 1 time...
Chaang-Noi: lose an argument, have nothing left but insults, classy :/
mircea_popescu: you come quoting wikipedia in this discussion insults are too good a fate.
smickles: lol, that pic "wall street, the center of american finance" with what looks like a highwayman and a security camera looking the other way
mircea_popescu: anyway, tiberiusiv : nobody really knows. my theory is the head chav got a bad dose, went psychotic, thought da polis is after him, deleted everythign
mircea_popescu: of course simple idiopathic schizophrenia always works as an explanation too. it doesn't have to be drugs.
assbot: [MPEX] [S.MPOE] 5700 @ 0.00070854 = 4.0387 BTC [-]
assbot: [MPEX] [S.MPOE] 6079 @ 0.00069894 = 4.2489 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.929 = 1.858 BTC [+]
smickles: typical onset is early adulthood, no?
mircea_popescu: but usually there;'s episodes first, before full blown tableau.
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.93 = 4.65 BTC [+]
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
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mircea_popescu: Chaang-Noi a better traversal tool would be ;;gettrust mircea_popescu X
Chaang-Noi: oh he did some wierd ass numbers or something
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
smickles: lol, PayPal has the worst cumulative rating
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
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Luke-Jr: mircea_popescu: I haven't left yet.
Chaang-Noi: i thought you reported about the new building design?
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Luke-Jr: Chaang-Noi: I'll be back at their labs tomorrow morning..
Chaang-Noi: i guess that means they must think they are progressing
Luke-Jr: and back home Friday evening, unless they ask me to stay and my wife gives the okay
mircea_popescu: Luke-Jr wait. you went or didn't go ? are you there now ? this is getting more and more self-contradictory.
Luke-Jr: but srsly, so bored here I'm not sure about staying much longer XD
Luke-Jr: mircea_popescu: I arrived here last Thursday, and am still here now.
Luke-Jr: I lived in KC like 6 years ago
Chaang-Noi: only good place i know are places odds are you wont like
mircea_popescu: i dunno doods, if i went for a week's vacation it'd prolly not be kentucky.
Luke-Jr: all I have walking distance is a Sonic's
mod6: they mean kansas city
mod6: either way though lol
[\\\]: <Chaang-Noi> at least i admit when i fuck up << BULLSHIT
smickles: the footbal team sucks, but it's fun b/c the crowd really gets into it
Chaang-Noi: i never said go to kc, but if you have to be there eat bbq
Chaang-Noi: yeah go chiefs, but last season... omg
Luke-Jr: dunno, KC was okay except for the complete lack of Catholic churches
Diablo-D3: missouri is southern baptist territory
Chaang-Noi: Luke-Jr there used to be some, but the southern babtists took them over
[\\\]: Luke-Jr, they've probably got Catholic churches, just not the kind you approve of.
Chaang-Noi: my parents go to what used to be a catholic church
Diablo-D3: he doesnt even recognize the new pope
mod6: you could drive to topeka and go to WBC
[\\\]: Diablo-D3: he approves of >25 BTC
[\\\]: Diablo-D3, he didn't recognize the last 4
Diablo-D3: Im not catholic, but I didnt mind john paul II
Luke-Jr: mod6: Topeka is actually the nearest Catholic mission, and had Mass last Sunday that I couldn't get a ride to
Diablo-D3: at least he tried to tackle the pedophile problem
smickles: also, kcmo isn't as good a kck
Luke-Jr: mircea_popescu: he wasn't a Catholic
Luke-Jr: mircea_popescu: he wasn't a pope either
Diablo-D3: hell, there was a second attempt on his life, one in the vatican will admit to
Luke-Jr: Chaang-Noi: hence why I moved out of KC
[\\\]: mircea_popescu: Luke-Jr's view of Catholicism doesn't match the 2Billion other Catholics'
Diablo-D3: the ring of pedophiles that control the vatican tried to kill him because he was trying to get rid of them
Luke-Jr: [\\\]: it matches the 50 billion others ;P
Luke-Jr: Chaang-Noi: Omaha, worst decision of my life
Diablo-D3: modern catholocism (ie, everything from 200AD on) is built on lies and fraud
[\\\]: Diablo-D3: Luke-Jr disagrees
smickles: they moved to columbus, ne before it happened tho
[\\\]: he only bailed on the last 50 years.
Diablo-D3: I dont care if he disagrees, the historical record blatantly says this
Chaang-Noi: Luke i thought you were going to say boston or something
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.100001 = 0.5 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.1 = 0.3 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]
Luke-Jr: just ignore Diablo-D3's trolling, I am
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.93 BTC [+]
Diablo-D3: lol, am I trolling if I say popes led armies into the middle east to murder innocent people?
[\\\]: Luke-Jr: Diablo-D3 doesn't troll.
Diablo-D3: So, I am trolling Luke-Jr with cold hard facts.
Diablo-D3: So you're saying the holy crusades never happened?
Luke-Jr: no, I'm saying they were led by civil authorities and killed GUILTY people. that's why they're holy
Luke-Jr: for the most part, the Crusades were a defensive retaliation
Diablo-D3: yes, they were defensive against women and children who were guilty for the crime of being alive. yup.
Chaang-Noi: yes lead by civil but lol at killing guility people:)
mircea_popescu: smickles like say there's this hot chick in a short skirt and she's wearing no knickers right ?
mircea_popescu: you get her against a wall and give her a good seeing-to
Luke-Jr: so someone breaks into your house and throws you out. then you go buy a gun and chase him back out. that's what the Crusades were (the 2nd part)
Diablo-D3: oh dont get me wrong, they raped the women and children too
Diablo-D3: Luke-Jr: except Jesus said to live side by side in peace.
mircea_popescu: Luke-Jr say, if they were holy how come they lost ? the arabs kinda owned them holy ppl...
smickles: mircea_popescu: you crack me up
Chaang-Noi: they won the crusades in spain if that counts
mircea_popescu: ya except la reconquista was perhaps the bloodiest, messiest most agressive act of racism in european history
Diablo-D3: mircea_popescu: thats a pretty hard thing to claim, really
smickles: what about the popes who just wanted the power and held orgies, killed people for the fun of it and such?
Diablo-D3: I mean, what about the whole slavery thing in america?
Diablo-D3: I understand luke's point when he says not real catholics
Diablo-D3: anyone who believes in God wouldn't have done that
Luke-Jr: smickles: what about them?
mircea_popescu: Diablo-D3 also known as the not true catholic phallacy.
Diablo-D3: and the catholic church is still to blame for it
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smickles: Luke-Jr: it's an entertaining read, isn't it? (the history of the popes)
Diablo-D3: mircea_popescu: this is why I just moot the entire issue and say everything after 200AD is built on lies and fraud
mircea_popescu: ;;everify freenode:#bitcoin-otc:784991315e879c5e141fbfc3d3c15b7be6d7bb814adb9b75d248b223
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
mircea_popescu: ;;rate jesus -1 there's that entire mess in the temple to sort out.
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Luke-Jr: smickles: not particularly.
smickles: Luke-Jr: you don't like political thrillers, do you?
Luke-Jr: smickles: I'm betting you ignored what led up to the bad popes?
ThickAsThieves: Luke-Jr, what is the current BFL asic status, I haven't been keeping up?
Luke-Jr: mircea_popescu: most of them were pre-protestantism
Luke-Jr: mircea_popescu: St. Pius X - Pius XII?
Luke-Jr: those are frauds, not popes
Luke-Jr: neglegent laity and clergy
Luke-Jr: Pope Pius XII allowed modernism to flourish, more or less
assbot: [BTCTC] [GSDPT] 1 @ 0.00438 BTC [-]
smickles: "oh god what a horrible thing" comes to mind
Diablo-D3: mircea_popescu: the catholic church was not started by peter
Luke-Jr: the Catholic Church was started by Jesus
mod6: rate jesus -1 there's that entire mess in the temple to sort out. << HAHA
Luke-Jr: mircea_popescu: of course he did
mod6: erp. missed his nick. :/
Luke-Jr: even if the civil powers neglected their duties, Pope Pius XII could have proactively issued written excommunications against all modernists identified
Luke-Jr: instead of basically ignoring them taking over the seminaries and such
Troic: modernisms like euthanasia, gay marriage, abortions and female bishops ?
pigeons: always look on the bright side of life
pigeons: Troic: he means speaking english
Chaang-Noi: jesus did not start the catholic church, that was paul? wtf?
Luke-Jr: modernism is the heresy that truth/doctrine can change over time, basically
Luke-Jr: Chaang-Noi: He founded a Church and that was the only thing He left mankind with for guidance
Chaang-Noi: it started 30 to 40 eyars after he died
Chaang-Noi: ? the catholic church was around before sual/paul was a christian?
pigeons: i dont think Luke-Jr is going to convert to litecoin Chaang-Noi
Luke-Jr: after His resurrection, he appointed St. Peter to be the first pope; shortly after His ascension, He sent the Holy Ghost to consecrate His first bishops
assbot: [MPEX] [S.MPOE] 16450 @ 0.00071031 = 11.6846 BTC [+]
mircea_popescu: no but srsly. pius xii ? nazi germany ? anything there ?
Luke-Jr: mircea_popescu: what about it? the pope did much to save many jews from persecution
smickles: Luke-Jr: do you believe that jesus gave that one saint his foreskin as a wedding ring?
Luke-Jr: smickles: I have no idea what nonsense you are talking about
smickles: or that jesus left his foreskin on saturn as the rings
mod6: anyway, there is no use debating this stuff.
pigeons: jesus gave the saint jesus' foreskin or jesus gave the saint the saint's own foreskin?
Luke-Jr: mod6: more interesting than sitting around notihnging
pigeons: jesus was a jew, he saved and preserved his foreskin that long?
Chaang-Noi: if you guys want some lulz you shouldread about the mormans
mircea_popescu: boys, i am proud to announce i have the first ever intelligent pumpkin ready to show everyone
Chaang-Noi: some of thei rstuff is fucking insane, it is really a good read
mircea_popescu: if things go about as planned should be early to mid next week
Luke-Jr: Chaang-Noi: mormonism is an extremely insane false religion
Chaang-Noi: luke yeah, it is so insane it is fun reading their texts
Luke-Jr: Chaang-Noi: I try to avoid reading demon-dictated texts
smickles: Luke-Jr: saint catherine of sienna, i think
mircea_popescu: your poisonous donation caused pdpc to be audited by the tax office
Chaang-Noi: luke jr is bitcoin a sign of the end of the world? where everyone must you a truly world currancy? is the the begining of the end?
Luke-Jr: Chaang-Noi: where do you get this nonsense from?
pigeons: you can't buy or sell without the number of your private key
smickles: Luke-Jr: she's the one who jesus married by giving her his foreskin (in her mouth)
Luke-Jr: you should get your head checked out if you're getting revelations
Chaang-Noi: however linking it to btc is a streach
mod6: Chaang-Noi actaully has a point... and many people take the bible literally.
smickles: Luke-Jr: well, what's the real story of that then?
mod6: they talk about some sort of one world currency and some trumpeting angels and stuff.
Luke-Jr: smickles: um, there is no story like that
smickles: they cut off her hand after her death to preserve it
Chaang-Noi: mod6 revalations is a damn good read to
mod6: [\\\]: the group that runs freenode
pigeons: [\\\]: peer directed projects center, former org running freenode till they took mircea_popescu 's money and ran
[\\\]: "You've reached freenode, a service of Peer-Directed Projects Center (PDPC). freenode provides discussion facilities for the Free and Open Source Software communities, for not-for-profit organizations and for related communities and organizations."
[\\\]: they haven't updated their website
mircea_popescu: about five weeks after someone in "bitcoin devteam" tests something.
smickles: Luke-Jr: you're saying that she didn't receive the forskin of jesus?
[\\\]: where can I see an article about all of this
smickles: it's part of why she's a saint?
Luke-Jr: smickles: I've never heard of anything of the sort
Luke-Jr: smickles: apparently neither has wikipedia
mircea_popescu: smickles this is why he doesn't support modernism : so much new stuff just from not having read it before...
kakobrekla: wiki is almost as stupid as bible didnt ya know
pigeons: shit smickles i thought you were making up the rings of staturn bit
smickles: mircea_popescu: i've got a picture of it
smickles: Luke-Jr: apparently you can't read wikipedia all that well
mircea_popescu: you know it's so damned unlikely jesus ever touched a tome... too expensive.
assbot: [HAVELOCK] [SDICE] 1 @ 0.47198999 BTC [-]
[\\\]: mircea_popescu: they didn't have kindles?
Luke-Jr: smickles: I searched the page for 'foreskin'
[\\\]: ThickAsThieves: sure, he's still cutting my grass outside
mircea_popescu: [\\\] only the harlots and modernists had kindles back then
Chaang-Noi: okay new topic muhammad the true profit
[\\\]: shutup Goat, we're still on jesus
mod6: no one fucks with da jesus
[\\\]: so jesus, a goat, and a jew walk into a bar, right
nOgAnOo: I am a born again Christian
[\\\]: what were you born the first time?
mod6: what is going on in the world
nOgAnOo: The second birth is into the family of God
nOgAnOo: Adam fell and became sinful
assbot: [MPEX] [O.BTCUSD.C510T] 6 @ 0.1925 = 1.155 BTC [+]
Luke-Jr: mod6: we're racing to $100
nOgAnOo: each creature can only reproduce according to type
mod6: nOgAnOo: successful troll 7/10
nOgAnOo: therefore because of Adam we are all sinful
[\\\]: Luke-Jr: don't buy any more please
nOgAnOo: You need to be reborn into the family of God to go to heaven
[\\\]: the last time you bought, we crashed to $2
Luke-Jr: [\\\]: oh, buy. why would I buy?
[\\\]: why did you buy at $25?
Chaang-Noi: i hate to leave this wonderful conversation but i has gots to go to a tropical island so i can drink beer and not do much else, catch ya all later, happy trading
mircea_popescu: [\\\] because he had 5 bucks and nothing to do with it
gribble: BTCUSD ticker | Best bid: 64.49064, Best ask: 64.50000, Bid-ask spread: 0.00936, Last trade: 64.50000, 24 hour volume: 91855.74979099, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.57095
pigeons: seriously the alleged foreskin of jesus was said to be stolen by a chinese relic hunter
pigeons: he came back for bitcoinica
[\\\]: I think I'm going to make a script that automatically ignores people that write more than 2 lines in caps in a row
pigeons: i thought the chinese relic hunter excuse was original to zhou, guess not
[\\\]: whatever happened to zhou tong and his art dealer boyfriend?
Luke-Jr: WE CAN HAZ A DUOLOGUE IN CAPS AND BYPASS IMSAGUY'S SCRIPT KIDDINESS
smickles: Stop, .. banner time! oh, oh, oh, oh
[\\\]: omg, I f0rked the chain!!!11one
Namworld: This channel was better before nefario went full retard. Never go full retard. Before than, there was more interest in BTC assets.
Luke-Jr: Namworld: ironically, the FinCEN thing suggests GLBSE was 100% legal in the US
mircea_popescu: there were more poor people deluding themselves with btc assets.
[\\\]: pigeons: he was working on that during bitcoinica
smickles: < Luke-Jr> Namworld: ironically, the FinCEN thing suggests GLBSE was 100% legal in the US
smickles: missed the part about unregulated securities Luke-Jr ?
Luke-Jr: [\\\]: iow, FinCEN is okay with it, but SEC would get him?
pigeons: oh shit better get my MSB license so i can still sell on silk road
Namworld: Well, fair enough mircea. I know MPEx has been doing well and is the major volume. But at least there was more regular chatting about BTC businesses and less unrelated talk.
Namworld: I'm not really talking about volume, just quality of talk in this channel.
[\\\]: Luke-Jr: SEC cares about securities, FinCEN is worried about money laundering
[\\\]: Namworld, ninja please
[\\\]: mircea_popescu: because you were stoned at the time
[\\\]: that was before you had to give away mpex accounts
[\\\]: thats about the same timeline
smickles: I can type on the keyboard too
[\\\]: I remember back when glbse didn't require ID
mircea_popescu: what exactly was it, peter lambert advising re sensodyne ?!
pigeons: use to not need a web page for glbse
[\\\]: mircea_popescu: idpic with b00bies*
smickles: mircea_popescu: yeah, i made mpoe.etf on the old version of glbse
pigeons: ok let me get usagi to send you his key
mircea_popescu: pigeons i think you're on the list of paid trolls nao.
[\\\]: I thought usagi was female, no?
[\\\]: mircea_popescu: me too!
Luke-Jr: mircea_popescu wants a pic of me nude?
[\\\]: pigeons: penis, tits?
[\\\]: mircea_popescu: I meant paid troll
[\\\]: DMC making money the old fashioned way... at the casino.
pigeons: yeah whats the deal Diablo-D3, donating to shareholders of s.dice?
Diablo-D3: pigeons: not at all, they are donating ot me.
Luke-Jr: Diablo-D3: want a hack to always win SD?
[\\\]: are there bets on when satoshidice fails?
[\\\]: that'd be the ultimate bet
[\\\]: betting on when the house will shut down
mircea_popescu: i know there was one on s.mpoe but it's not going so well
Diablo-D3: Luke-Jr: besides, I would think you would want me to do God's work.
pigeons: there is a bet on betsofbitco on when evorhees goes to jail and one for guantanamo
[\\\]: mircea_popescu: may I make a bet that will bet on when bitbet gets shut down?
Diablo-D3: Luke-Jr: We both worship the same God, and Jesus is our Lord and Savior.
[\\\]: mircea_popescu: you can be shutdown without being dissolved.
pigeons: as soon as the bet is high enough [\\\] pays the gov agent bribe
[\\\]: so is that youtube really usagi?
[\\\]: as in the bitcoin usagi?
[\\\]: you can't unsee it
jcpham: wait bitcointroll.org resolves!?!
pigeons: but i know ill get tempted later
Luke-Jr: pigeons: you should join us up here in KC
mod6: that can't be usagi, because there are no girls on the tubes
Luke-Jr: (I'm not the only Floridian here - and the others have been here longer)
pigeons: yeah sounds like yall are having fu
Namworld: I see vampire music in the videos list...
jcpham: who do itip for bitcointroll.org
Luke-Jr: jcpham: there's dramatalk.org too
Luke-Jr: jcpham: wizkid057 setup bitcointroll.org
Diablo-D3: Luke-Jr: Do you not wish to feed the hungry or heal the sick or other things good Christians would do for those in need?
smickles: < [\\\]> so is that youtube really usagi? << usagi personally told me that was tehm
assbot: [MPEX] [S.MPOE] 3000 @ 0.00071031 = 2.1309 BTC [+]
Luke-Jr: we should just drop Florida on top of KC until BFL ships
[\\\]: <Luke-Jr> we should just drop Florida on top of KC
[\\\]: Namworld: male/female
assbot: [BTCTC] [ASICMINER-PT] 31 @ 0.9 = 27.9 BTC [-]
pigeons: what's the deal Luke-Jr they just rushed and had bad luck?
pigeons: ok clicking usagi luke's god help me
Namworld: multiple personality disorder?
Diablo-D3: I notice Luke-Jr didnt answer the question
[\\\]: ok, let's discuss the following statement:
[\\\]: "new hardware for the test rig and that should get us what we need by early to mid next week."
[\\\]: 'early to mid next week'
jcpham: what happens next week
[\\\]: so a whole bunch of nonspecific crap
Luke-Jr: jcpham: BFL comes up with their next excuse
[\\\]: jcpham: bfl can test their shit
pigeons: ok since its flash i dont get to see usagi
[\\\]: you would have thought they would have tested their tester sometime in the past 4 months
[\\\]: why wait until the day you're trying to do stuff for real?
pigeons: so is josh actually pleasant in "real life" as alleged?
ThickAsThieves: Next week, we'll tell you what's gonna happen next week. Stay tuned!
[\\\]: ;;google herp derp
Luke-Jr: pigeons: as long as he's not driving
jcpham: oh wait is this a butterfly labs story
[\\\]: holy shit, there's bfl's address
jcpham: they've got to be close to shipping right
[\\\]: ThickAsThieves: sometime next week, I should be able to maybe tell you something you probably don't want to hear
jcpham: like not many excuses left
[\\\]: jcpham: you'd think
[\\\]: next is the hurrican
pigeons: shit it can't be cheap to put luke up in the kc hilton for a week and pay him irc
[\\\]: and then the alligators that broke in and stole their power cords
jcpham: i mean unless they run out of bubble wrap and cardboard
jcpham: cardboard shortages could ruuin bitcoin
[\\\]: it'll be a few weeks
[\\\]: we gotta hire a replacement
assbot: [MPEX] [S.DICE] 430 @ 0.00559698 = 2.4067 BTC [-]
[\\\]: oh crap, jody didn't pay the water bill
jcpham: just open up preorders
[\\\]: someone clogged the toilet, see you next month
[\\\]: uh oh, the floor's a little dusty
[\\\]: we better get it inspected
[\\\]: they can't make it until June
jcpham: don't forget UL stickers
pigeons: i'm seriously waiting for avalon asics to be common and then bfl buy them and slap butterfly stickers on them and ship
[\\\]: oh god, we ran out of made in america sickers
jcpham: should probably just email their support this caht
jcpham: to let them know we're wise
[\\\]: jcpham: just trying to help him out
[\\\]: why lie when you can have others do it for you?
[\\\]: pigeons: did you see the avalon that just sold on ebay for $20k?
[\\\]: they won't be common
Luke-Jr: [\\\]: they have a simple shell script they run when people demand an excsue
jcpham: i did see that auction
[\\\]: Luke-Jr: you realize that you have to go in there tomorrow?
[\\\]: and I'm going to send them a gpgsigned copy of this log
jcpham: Luke-Jr goes to BFL tomorrow?
pigeons: gpg signed by freenode or what
[\\\]: jcpham: he's there now
Luke-Jr: I could always go downtown instead..
[\\\]: pigeons: no, by conman
jcpham: oh that should be neat
[\\\]: I know he'd send it
pigeons: i'll gpg sign a copy of some shit i make up
jcpham: i'll drop ship a camera
Luke-Jr: jcpham: why? there's nothing to see
[\\\]: pigeons: I'm rendon
Luke-Jr: jcpham: proof there's nothing there?
jcpham: be the guy luke-jr that does the thing
Luke-Jr: Sonny didn't want me to take his pic by the BFL sign :P
jcpham: smuggle out the contraband
Luke-Jr: jcpham: got that in my laptop case
Luke-Jr: precursor to the coffee warmer
jcpham: sothe vortex math crap leads to these crazy coils
jcpham: i got stuck on youtube for hours
Luke-Jr: ThickAsThieves: whatever the DMC shares count as
Luke-Jr: but not really keeping track of GLBSE crap
jcpham: torroids and the universe
jcpham: it got real trippy i had to turn it off
Diablo-D3: hey, is any of SD's bitcoinds public?
jcpham: some crazy brazilian dude is spouting crazy decimal nuclear math
jcpham: that leads to complex torroids
jcpham: HN linked to a TED talk today from 2010
jcpham: i've been stuck on it all day
Diablo-D3: jcpham: TED is pretty neat isnt it
jcpham: well they called it bullshit
jcpham: these motors and coils are not
jcpham: i've enjoyed a good many of the talks
Diablo-D3: now, presumably, it really is all true
Diablo-D3: even the highly theoretical stuff might be commercial in the next 20-30 years
jcpham: fractal antennae on cell phones a re a great example
kakobrekla: ohh now i can finally asseble my timeflux capacitor
jcpham: engineers were not thinking fractals in the 40's
pigeons: how do you tell youtube to give you html5
Diablo-D3: jcpham: yeah, but when do they start thinking with porals?
Diablo-D3: pigeons: not all videos are in an acceptable format yet but most are
mircea_popescu: obviously bitbet absent. amusingly, i imagine it's paid a good chunk of total referals ever paid in btc
pigeons: these tedtalks are better than the real oness
kakobrekla: mircea_popescu well its burried on the bottom of the faq
Diablo-D3: jcpham: Im thinking it has a large amount of bullshit or it depends on a function of quantum physics _no one_ understands
kakobrekla: mircea_popescu one must really look for it
Diablo-D3: jcpham: theres been a lot of people who've tried that
Diablo-D3: jcpham: all they end up doing is inventing hyperefficient motors, generators, and other shit like that
Diablo-D3: they get like 99+% efficiency and think its overunity
jcpham: i'm really trying to understand the jump from the bullshit charts
jcpham: to the torroids and the motor windings
jcpham: because the two are related
Diablo-D3: I wish all motors, dc converters, and generators were that efficient
jcpham: and the explanation makes no sense to me
Diablo-D3: like, sure, it adds weight and size
jcpham: they keep going back to that freaking chart
Diablo-D3: but imagine if Tesla had access to a 99+% efficient motor
Diablo-D3: it'd double their runtime in their cars
jcpham: this seems very much tied to tesla voodoo
jcpham: i want one of those cars
mircea_popescu: and while some on the forum may stil lhave a little btc left, traffic is a diff matter.
Diablo-D3: Tesla, Son of God, Lord of the Cosmos, Savior of Science, etc etc probably built those in his sleep
Diablo-D3: so I wonder how much money SD actually makes every day
mircea_popescu: "For those of you that are aware of the digital currency Bitcoin: There has been discovered an exploit that utilizes a series of computers on an "isolated from the internet" back-network that participates in intercepting the data stream where the bitcoins are circulated/stored. The backnet of PC's run a series of algorithms that have the net effect of doubling the bitcoin amount sent to certain addresses. This happens
mircea_popescu: for BOTH receiver and sender to certain bitcoin rcv address programmed into the algorithm."
pigeons: not a passthrough i mean a fan club
mircea_popescu: This is working as of March 19th 2013 and if you wish to double you can simply send any whole amount to bitcoin address:
Diablo-D3: "hi, I cracked sha256, but Im only using it on bitcoin"
Diablo-D3: where is this place where bitcoins are circlulated/stored?
Diablo-D3: I bet its full of robot arms moving piles of bitcoins around
Diablo-D3: mircea_popescu: I MUST FIND THIS PLACE
Diablo-D3: come on, Gandalf, we're going to mount gox!
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8999 BTC [-]
assbot: [MPEX] [S.MPOE] 9871 @ 0.00071031 = 7.0115 BTC [+]
jcpham: whats this japanese obsession
jcpham: [\\\] thanks you've turned my world upside down
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8999 BTC [-]
gribble: BTCUSD ticker | Best bid: 65.50101, Best ask: 65.89890, Bid-ask spread: 0.39789, Last trade: 65.50101, 24 hour volume: 91900.48970900, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.67167
pigeons: yeah i used them saw the writing on the wall a few weeks ago when their one usd withdraw method, aurumxchange vouchx wouldnt work because they didnt have any reserves with aurum anymore
toffoo: they have ACH withdrawal too
pigeons: yeah thats for people who use banks
jcpham: mommy...what's a bank?
pigeons: i used to think usagi was just stupid, but this sounds evil
mircea_popescu: pigeons that issue has been hotly debated since last year
pigeons: "No one knows where the price is going next week or next month but if you have vision, you can predict what is going to happen next. "
pigeons: "You strike me as someone who has the sight. So. Buy a little today, buy a little tomorrow.
jcpham: if usagi from the forum is the person from the youtube video i was watching
jcpham: i can't listen anything that person says
assbot: [MPEX] [S.MPOE] 4517 @ 0.0007241 = 3.2708 BTC [+]
gribble: BTCUSD ticker | Best bid: 65.80000, Best ask: 65.89999, Bid-ask spread: 0.09999, Last trade: 65.80000, 24 hour volume: 91806.08215649, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.68307
assbot: [MPEX] [S.MPOE] 1812 @ 0.0007241 = 1.3121 BTC [+]
gribble: Rating entry successful. Your rating of 1 for user midnightmagic has been recorded.
pigeons: that's not going to get you your coffee in canada invitation re extended
assbot: [BTCTC] [ASICMINER-PT] 19 @ 0.9 = 17.1 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 18 @ 0.9 = 16.2 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.9 = 5.4 BTC [+]
midnightmagic: Did you quote me again in a paid article this time?
mircea_popescu: you get 5 free a week, iirc, so you can take solace in the fact that the articles quoting you are free. it's the others that go ten to the penny.
midnightmagic: Oh did you ask me questions that I never answered?
mircea_popescu: but irrespective, how's the ngzhang integrometer these days ?
mircea_popescu: you're gonna end up running for political office i suspect.
midnightmagic: Indeed. ngzhang's Icarus designs were available to anyone, including open-sourced fpga bitstream, pcb layouts, BOM, and supporting software.
midnightmagic: He refused to allow mass-purchase of his designs, and when he took preorders for Avalon, he refused to allow single parties to buy up the entire stock.
mircea_popescu: because his devilish little plan was to get a bunch of people to vouch for him.
midnightmagic: He reversed designs of BFL and gave the information to the public. This is the evidence on which I based my opinion that he was the most ethical hardware manufacturer.
midnightmagic: I don't really care that he's upped the price. With a machine that pays for itself in less than 5 days (with luck) why would he not?
midnightmagic: Or is it that when someone else makes money, you have a problem with that?
mircea_popescu: so you still view him as "one of the most ethical businesspeople I’ve seen in a long time" ?
pigeons: wait what did he do unethical? The thing I'm aware of is lying about having shipped when they hadn't
dub: hes basically bfling
mircea_popescu: well pigeons, something like this basically : "Avalon took interest-free fiat-denominated loans from silly white westerner peoples, built their rigs, used them to mine a little (as people were reporting dust inside their units upon delivery) and eventually decided to not deliver at all anymore, just keep the miners and mine for themselves."
midnightmagic: pigeons: Do you mean the fact that they're still not done the B1 shipments?
dub: giving dates when he knows they wont be met
mircea_popescu: granted, i don't go by the very superficial approach most people seem to use.
pigeons: mircea_popescu: omg dust inside. where are you getting they mined with them. doesnt seem they did
mircea_popescu: i guess he's never said cunt so he must be very ethical (or just not sufficiently familiar with english)
pigeons: midnightmagic: i mean when avalon said that batch 1 had shipped please pay for batch 2 and 2 weeks later they said ok now we're shipping batch 1 i guess they werent caught at customs like we said
pigeons: seriously, someone reported dust means they mined when the evidence seems to show they didnt
assbot: [MPEX] [S.MPOE] 17888 @ 0.00071661 = 12.8187 BTC [-]
pigeons: gonna have to have more than that
midnightmagic: mircea_popescu: If that is, indeed, what he's done, that sucks. I don't see any evidence for them mining their own hardware (difficulty spiked only on delivery as per users self-reporting,) but then you tend to jump to conclusions a lot (as per your assertion that gmaxwell wanted to steal rich peoples' money, because you didn't grok multisig, for example,) so why let the lack of facts get in the way this time?
mircea_popescu: the appearing/dissapearing mystery miner people kept thinking was asicminer ?
pigeons: your really misinformed on this one mircea_popescu
mircea_popescu: midnightmagic you're misrepresenting the issue by clinging to this sidepoint.
mircea_popescu: how did avalon get their money to start this business ?
midnightmagic: mircea_popescu: I'm misrepresenting that you often draw conclusions from insufficient evidence?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]
pigeons: they went to the forum said give us money and we'll build some asics then they built them
mircea_popescu: this is the crux of the issue. community gave you teh equity,
midnightmagic: After 900 units, a giant and sudden price spike, and the fact they honour trade-ins from previous customers? How shockingly unethical </sarcasm>
pigeons: how can mircea_popescu say people should be nice and not raise prices
mircea_popescu: i'm seriously the only one of us three seeing an issue here ?
midnightmagic: mircea_popescu: Someone's making money, money is king, except when you don't directly benefit. Then you suddenly grow a conscience?
midnightmagic: mircea_popescu: If they are doing what you're saying, then that is utter bullshit. Total crap, because it's competing with their own customers.
mircea_popescu: midnightmagic you know, you shouldn't let your preconceived notions blind you so.
mircea_popescu: the only equitable way here is for avalon to recognise everyone that paid them for rigs for their equity contribution, and distribute revenue from now on.
mircea_popescu: this "you've financed our corp so here's a complimentary biscuit" doesn't really cut it.
pigeons: they said give us X we give you a prduct
pigeons: and the people who got them are happy
mircea_popescu: they claimed they're selling an item, but the item didn't at the time exist. the people "pre ordering" simply made equity contributions.
midnightmagic: mircea_popescu: Actually, it's more ethical to ensure widespread device installation.
mircea_popescu: midnightmagic ethical != what'd be most desirable you know ?
mircea_popescu: sure, for bitcoin widespread mining is the best outcome.
midnightmagic: mircea_popescu: Ethical is what's we're talking about here isn't it?
mircea_popescu: so let's try and follow this logic see where the problems lie.
pigeons: mircea_popescu: are you seriously basing your allegegations of self mining on reports of dust?
mircea_popescu: pigeons yes, but i consider that a sidepoint of little importance
pigeons: that is usagi level insane
pigeons: no wonder you thought enough alike to have his assets in your cdos
mircea_popescu: woe upon me for trying to give bitcoi nnoobs chances etc.
pigeons: there is plenty of evidence that each unit shipped and reported delivered corresponded with the estimated hashrate, and on the other hand you calim someone had dust
mircea_popescu: no piece of hardware i ever bought as new came with dust in it.
mircea_popescu: are you taking some sort of microscopic dust approach ?
pigeons: no, go to the factory, take something off the line put it in a box for 2.5 days, then run your finger over it
midnightmagic: I posit an alternate explanation: they purchased or had available the case metal prior to assembly, sitting in a supply bay somewhere.
pigeons: why did their pre-mining yeild them no coins or increased hashrate
midnightmagic: Which one is more likely based on hashrate increases post-asicminer claimed hashrate?
mircea_popescu: pigeons again, the mystery miner people thought was asicminer.
mircea_popescu: midnightmagic there was a one thing doingmore than asic at some point.
midnightmagic: mircea_popescu: Which mystery miner is this you're talking about, anyway?
pigeons: why are they such logistical geniouses that they had their units way ahead of sheculed when it bankrupted everyone else so far ahead of schedule they could pre mine except the hashrate and genratded coins dont show it
pigeons: no wonder people dont tell you who they are every time they turn up some units mircea
mircea_popescu: anyway, this entire pre miningargument is a waste of time. i said "a little", you so far are making a case it's not a lot, maybe it;'s not a lot.
mircea_popescu: proving its not at all will be too hard to be worth it, so can we just leave it aside ?
midnightmagic: mircea_popescu: Primarily, you have said that the b3 update shows they are unethical. So far you have said "they took preorder money" and "they mined prior to sale" as your claims for this to be so. Anything else?
mircea_popescu: yeah, if we can get to it, i'd like to explain this pre order money thing, cause it's what's important here.
midnightmagic: Okay go ahead. Also, you don't have my permission to quote anything I've said today.
mircea_popescu: any capital exchange will be for consideration. the nature of this consideration is not the empire of the parties, but a matter of fact.
mircea_popescu: so for instance if you pay a girl five dollars to feel her underwear and she sucks your cock while you do it
pigeons: that's supposed to mean they werent supposed to take money to develop asics then deliver the asics?
midnightmagic: kakobrekla: Actually, channel rules don't supercede explicitly-defined moral rights under the copyright acts of both Canada and Romania.
mircea_popescu: point 2 : any purchase may only be entertained by a seller of an existant item. nobody can sell what they don't own.
kakobrekla: midnightmagic you should read that before you join or /part
mircea_popescu: becaue of this, any purported sale of inexistant mining equipment is to be quashed as such.
pigeons: you are off the deep end mircea_popescu
kakobrekla: well or before if you see the web page first.
midnightmagic: kakobrekla: I am aware that this channel was made a publically-logged channel (but not in the topic) as a top-down directive because you are in the #bitcoin-* namespace.
mircea_popescu: point 3 : any capital transfer with a view of a common enterprise is an equity buy, entitling the payer to a stake in the common enterprise, as agreed
mircea_popescu: and if no such agreement exists, to an equitable stake.
kakobrekla: midnightmagic cool then you wont have problems with quoting.
midnightmagic: kakobrekla: I have a problem with the quoting mircea does. It's illegal.
mircea_popescu: now, this is how things are. this isn't open to debate, it's long established point of law. you're welcome to challenge it, but it can't be challenged by simple personal exceptionalism.
mircea_popescu: now, on the basis of this, if you later charge more per item than what you've disbursed to your original equity holders,
assbot: [HAVELOCK] [SDICE] 21 @ 0.47139999 = 9.8994 BTC [-]
midnightmagic: kakobrekla: Actually, to be honest, I wish there were complete logs of this channel up somewhere..
pigeons: why didnt you tell them and they buyers that "give me money and ill build something for you and mail it to you" legally means you get equity in the company too in your made up world when they stated taking orders
pigeons: well why didnt you bring it up when they started
mircea_popescu: actually, if bfl delivering weren't such a moot point, i'd be collecting these rights as we speak and sueingthem into oblivion anyway
mircea_popescu: pigeons i don't recall them asking / me caring at that tiem.
mircea_popescu: they could have *maybe* weaseled it past if they just kept doing the same thing.
midnightmagic: mircea_popescu: Are pre-orders for nonexistent hardware illegal in China?
mircea_popescu: midnightmagic i have no idea about chinese law. my judgement as to ethics is based on my space, not theirs.
Namworld: They don't appear universal. Opinions seems to differ greatly on the topic.
midnightmagic: You are speaking of two orthogonal points it seems to me.
midnightmagic: You are making comments about suing them into oblivion, while simultaneously ignoring jurisdiction.
mircea_popescu: anyway, the shocker for me in all this is that i thought all this is plain obvious to anyone considering the matter.
midnightmagic: It almost seems as though you have misinterpreted your own assertions.
midnightmagic: Since I am no longer confident I am arguing just with you, I'm going to stop now.
midnightmagic: Tell whoever it is who's giving you those words to explain them better next time.
assbot: [MPEX] [S.MPOE] 5500 @ 0.00072608 = 3.9934 BTC [+]
assbot: [MPEX] [S.MPOE] 36450 @ 0.00072727 = 26.509 BTC [+]
midnightmagic: Moving on, if and when there is in fact evidence that ngzhang is acting unethically (I do not view a price increase on its own as unethical) I will be happy to eat my own words.
mircea_popescu: so this is all fine & dandy best you can determine then ?\
midnightmagic: Until then, I'm not going to discount his vastly understated Icarus+Lancelot contributions simply because some random guy asserts a bunch of unsubstantiated rumours to troll others into providing information when he could just ask.
midnightmagic: I am disappointed in the price increase if that's what you're asking.
mircea_popescu: what, an aesthetic rather than ethical consideration ?
midnightmagic: I wonder if you take my words and argue them with other people...
midnightmagic: It would provide the underpinnings of an excuse for what you're doing on your blog.
mircea_popescu: you're not quite that important, sorry to burst that bubble.
mircea_popescu: or are you about to tell me you're metaphisically dissapointed ?
midnightmagic: lol, I'm apparently important enough to misquote and reputationally impugn twice as retaliation for not being part of your echo chamber.
mircea_popescu: vast conspiracies of evil people whispering me basic law in the ear
midnightmagic: I wouldn't call it aesthetic nor ethical objection to a price increase.
mircea_popescu: what deflection ? yer the one trying (kinda lame-y) to impugn or whatever.
midnightmagic: Just simple disappointment because I was considering at last doing a trade-in of my Icarus but I don't want them to charge me batch #3 prices.
mircea_popescu: if it's not your idea of how things should be and it's not your idea of beauty, and it's not what you expect the gods want then what is it
mircea_popescu: you know midnightmagic , you are currently speaking in prose.
mircea_popescu: these two are all there's available to you. if you're not speaking in verse, then it's prose. necessarily.
mircea_popescu: it's an ethical issue, you just don't want to face it.
midnightmagic: It's a personal loss of potential future earnings. I would say it's purely internal.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.89 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.89 BTC [+]
midnightmagic: I just find your hypocrisy growing by leaps and bounds this last while, and I don't understand what's unravelling you.
assbot: [MPEX] [S.DICE] 2100 @ 0.00521073 = 10.9425 BTC [-]
midnightmagic: What is your problem anyway? Like if bitcoin is such a source of contention for you, why don't you just shake your head at its stupid inanities (sociopathic community elements included) and move on?
assbot: [MPEX] [S.MPOE] 9062 @ 0.00072537 = 6.5733 BTC [-]
assbot: [MPEX] [S.MPOE] 554 @ 0.00072506 = 0.4017 BTC [-]
mircea_popescu: why exactly would i do or not do anything because some people are stupid/unethical/whartever ?
midnightmagic: You sure don't act like it's not really much. You get worked up over little things more these days than you used to.
midnightmagic: Well, the vitriol you post here and on your blog is quite a vent.
midnightmagic: Like, what do you care whether evidence should or is or isn't updating my opinion?
mircea_popescu: i don't particularly care. i wanted to know whether it does or it doesn't.
midnightmagic: Yeah but why? If I'm so inconsequential, so vapid that everything I ascribe to you is somehow just a reflection of self, and you're this bulletproof supercock, then why do you want to know?
mircea_popescu: no. caring is personal. knowledge is impersonal. there's a categorical distinction you're trying to equivocate.
midnightmagic: The drive to know a specific topic is very personal, especially when it's the personal drives of someone else.
mircea_popescu: not really. i'm merely interacting with you on the grounds of you speaking in this public channel.
midnightmagic: There is, and will never be, personal gain for you to know what's going on in my head.
mircea_popescu: you made some statements of a third party, they're part of the public record,
mircea_popescu: i wish to know for the future how much faith to place in your similar statements.
mircea_popescu: that's your contention, but it doesn't carry much water with me.
mircea_popescu: but as long as you talk in the market you're participating to the public discussion.
midnightmagic: Your poor English is making your diction ambiguous again.
midnightmagic: Well, if you think this is all a one-way sponge going on, I guess we're done.
midnightmagic: Don't worry, it's just because you're a sociopath. I'll care enough for the both of us.
assbot: [MPEX] [S.DICE] 1000 @ 0.00450321 = 4.5032 BTC [-]
assbot: [MPEX] [S.DICE] 5000 @ 0.0045032 = 22.516 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00559697 BTC [+]
assbot: [MPEX] [S.MPOE] 7650 @ 0.00072506 = 5.5467 BTC [-]
gribble: Current Blocks: 227087 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 720 blocks | Next Difficulty In About: 3 days, 10 hours, 17 minutes, and 8 seconds | Next Difficulty Estimate: 6308385.69152 | Estimated Percent Change: 30.13294
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.9 = 4.5 BTC [+]
gribble: BTCUSD ticker | Best bid: 64.88600, Best ask: 65.00000, Bid-ask spread: 0.11400, Last trade: 64.88600, 24 hour volume: 90256.56593335, 24 hour low: 57.90100, 24 hour high: 66.00000, 24 hour vwap: 63.17442
assbot: [MPEX] [S.MPOE] 4596 @ 0.00072506 = 3.3324 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 129 @ 0.000729 = 0.094 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 100 @ 0.000733 = 0.0733 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 671 @ 0.000734 = 0.4925 BTC [+]
assbot: [BTCTC] [GSDPT] 140 @ 0.00439 = 0.6146 BTC [+]
assbot: [HAVELOCK] [HIM] 10 @ 1.998 = 19.98 BTC [+]
assbot: [HAVELOCK] [HIM] 27 @ 2 = 54 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.349 BTC [+]
Bowjob: I gave a hobo $5.00 today
Bowjob: fuck, he probably will use it for drugs
Bowjob: he said he was gonna buy a burger
Bowjob: i watched him as i walked upstairs, didnt go to the a&w closeby
assbot: [HAVELOCK] [HIM] 7 @ 2 = 14 BTC [+]
Namworld: A statement of the obvious. I prefer when they don't talk.
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.349 = 1.047 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3495 BTC [+]
assbot: [BTCTC] [GSDPT] 17 @ 0.00438 = 0.0745 BTC [+]
mircea_popescu: the chick in that pic is putin's younger and rather hawd daughter.
Bowjob: nurseries are starting to open.. but they only pay $10.25 for the most part
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34 BTC [-]
gribble: BTCUSD ticker | Best bid: 66.50001, Best ask: 66.89000, Bid-ask spread: 0.38999, Last trade: 66.50001, 24 hour volume: 91099.23550100, 24 hour low: 58.80000, 24 hour high: 66.89000, 24 hour vwap: 63.56070
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.899 = 8.99 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.89 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.888 = 1.776 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.888 = 1.776 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.899 = 5.394 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1099 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.109978 = 1.0998 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 6 @ 0.109979 = 0.6599 BTC [+]
assbot: [BTCTC] [SYNERGY] 5 @ 0.01605 = 0.0803 BTC [-]
assbot: [MPEX] [S.MPOE] 4746 @ 0.00073067 = 3.4678 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 8 @ 0.3332 = 2.6656 BTC [-]
assbot: [MPEX] [S.MPOE] 6550 @ 0.00074208 = 4.8606 BTC [+]
Diablo-D3: I just wrote a script that can calculate your SD earnings if you keep putting your entire money in
Diablo-D3: it obviously doesn't have all the possible outcomes
Diablo-D3: you have to edit the first two variables too
Diablo-D3: and its rigged that you're doing 1 BTC per bet
Diablo-D3: you'll have to multiply $winnings on line 53 against your bet size
mircea_popescu: i think i have bitcoin's funniest inbox. i say so. people more tortured than me show me snippets from their ticket systems such as "hi, how do i transfer this to silkroad?"
mircea_popescu: no, i don't have bitcoin's funniest inbox. bitcoin is just too funny for one single person.
Diablo-D3: milk toad is the dumbest thing ever
Diablo-D3: I mean, how can you NOT know thats a cia op
mircea_popescu: Diablo-D3 that aside, making a support ticked with your legit btc/usd exchanger on how to do this...
Diablo-D3: especially since how the fuck is the exchange supposed to help you
Diablo-D3: I assume milk toad gives you a unique address to send to
assbot: [MPEX] [S.MPOE] 6900 @ 0.00074086 = 5.1119 BTC [-]
assbot: [MPEX] [S.MPOE] 9585 @ 0.00074208 = 7.1128 BTC [+]
Diablo-D3: I dont think I wrote the actual winnings part right
Diablo-D3: because it thinks I should have 1380 BTC from 33.
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.899 = 2.697 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8888 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.885 = 2.655 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.885 = 1.77 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.88 = 1.76 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.873 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.87 BTC [-]
Diablo-D3: mircea_popescu: my luck is probably going to run out, but average winning is 2.39% over 351 tries
Diablo-D3: then I'd be able to afford to start DMC 2.0
assbot: [MPEX] [S.BBET] 50 @ 0.0018 = 0.09 BTC [+]
Diablo-D3: yeah, my winnings are much more realistic now
assbot: [MPEX] [S.DICE] 6047 @ 0.00517705 = 31.3056 BTC [-]
assbot: [MPEX] [S.MPOE] 12900 @ 0.00073828 = 9.5238 BTC [-]
jurov: strange...my phone suddenly says "Bitcoin: Package is invalid"
jurov: reinstalled the wallet app, all seems ok
jurov: good that i keep only pocket change there (if 1BTC is to be considered pocket change lol)
Bowjob: you should change the math question to more exotic ones
Bowjob: answering 36 everytime gets boring
assbot: [BTCTC] [SYNERGY] 1 @ 0.01358 BTC [-]
Bowjob: and a bot can easily spam it if they know the answer
assbot: [MPEX] [S.MPOE] 2372 @ 0.00073828 = 1.7512 BTC [-]
Bowjob: not that a bot would spam bitbet but lol
Bowjob: well it was more like to see who's mathematically challenged. or not
mircea_popescu: The week of activities are set to conclude with a “Lace and Leather Burlsesque Show.”
gribble: BTCUSD ticker | Best bid: 68.71001, Best ask: 68.89999, Bid-ask spread: 0.18998, Last trade: 68.89999, 24 hour volume: 96113.23446697, 24 hour low: 58.80000, 24 hour high: 68.90400, 24 hour vwap: 63.89423
Bowjob: poor fucker. my acquiantance wanted to buy bitcoins, i told him yeah, ill sell you at spot price. that was when bitcoin was $59 dollars
Bowjob: its scheduled this sunday
gribble: BTCUSD ticker | Best bid: 68.70001, Best ask: 68.90582, Bid-ask spread: 0.20581, Last trade: 68.70001, 24 hour volume: 96314.01940328, 24 hour low: 58.80000, 24 hour high: 68.90583, 24 hour vwap: 63.91369
Bowjob: cypriot banks are still closed?
Bowjob: this is just the appetizer then
jurov: was anything interesting discussed last night?
Bowjob: 75% of the voters think BFL should get a scammy tag
jurov: i ended by catholic churches in KC, thought prolly i can be doing sth more productive
Bowjob: prices in BTC, not tied to fiat
jurov: i wholeheartedly support avalon/bfl. as long as they cause interest in difficulty futures, which difficulty then fails to materialize
Bowjob: so each avalon batch 3 will cost 88 btc ea
Bowjob: well, 115 is the 4 modules
Bowjob: 88 btc for 3, + 2 btc for the psu
gribble: Current Blocks: 227144 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 663 blocks | Next Difficulty In About: 2 days, 22 hours, 24 minutes, and 25 seconds | Next Difficulty Estimate: 6391557.23688 | Estimated Percent Change: 31.84865
Bowjob: they are really nailing batch 3 customers this time
Bowjob: what i dont get is why are they taking a vacation
mircea_popescu: basically, they got the design all paid and tested, will deliver whatever and now time to selfmine
mircea_popescu: move to new place, get some warehouses, start biz for real
Bowjob: a vacation.. they already did so much.. might as well finish the damn job
jurov: angela merkel can't be *that* stupid.. or she really doesn't have other option
assbot: [BTCTC] [PAJKA.BOND] 17 @ 0.109 = 1.853 BTC [-]
mircea_popescu: jurov they totally fucked up that. i've seriously not seen worse diplomacy since bush.
mircea_popescu: basically they failed to understand the "stolen" money in the oligarchs bank accounts isn't stolen by those oligarchs from the state
jurov: even without considering russians, that's still worst possible solution
mircea_popescu: it's the second time she fucked up, incidentally. the closing down of nuclear plants was already indicative. she doesn't think too well.
jurov: London City denizens must be seeing red, too
mircea_popescu: she just goes on whatever data she has. often that's crap, and when it is she doesn't know about it,.
mircea_popescu: when it gets to the point where retired folks see plainly they're riding into a wall and they have no clue you know things won't end well.
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC [+]
assbot: [MPEX] [S.MPOE] 2255 @ 0.00073552 = 1.6586 BTC [-]
Diablo-D3: shes going to destroy germany at this rate
bitesak: that's maybe what she was hired for
Bowjob: when germany gets destroyed bad things happen
Bowjob: maybe we'll see the 4th reich
mircea_popescu: not terribly likely. so far she's getting a dissident wing in her party
mircea_popescu: "IAmA RedditIsland Steering Team committee member and Seasteading Institute Ambassador. AMA"
jurov: zactly as it says on title.
mircea_popescu: all the bitcoin sellers are short bitcoin from the moment they take fiat till when they deliver btc
mircea_popescu: since most take the fiat first as a precaution there's unwanted short interest created in large volumes all the time
tiberiusiv: just going to end badly when everyone herds to the exit
Bowjob: but cashing out to fiat doesnt really make sense
mircea_popescu: "Internet tax supporters are hoping that a vote in the U.S. Senate as early as today will finally give them enough political leverage to require Americans to pay sales taxes when shopping online.
tiberiusiv: why not some people sitting on huge gains maybe they want to buystuff
mircea_popescu: tiberiusiv it becomes problematic tho. the poor probably quit already, the rich really don't have a problem of getting fiat
Bowjob: though im not wealthy LOL
Bowjob: i have enough fiat for the next year to eat whatever I want
mircea_popescu: deadweasel nono. let them tax it. finally good reason to bitcoin.
Bowjob: hey mp, is your offer of get MPEX mentioned at a newspaper?
Bowjob: since i've got nothing productive to do but fap all day, and I don't feel like working a min wage
mircea_popescu: i have no idea what that is, some local canadian paper ?
mircea_popescu: doesn't seem like worth the bother, but if you've not anything better to do why not
gribble: BTCUSD ticker | Best bid: 68.43998, Best ask: 68.49999, Bid-ask spread: 0.06001, Last trade: 68.50000, 24 hour volume: 97812.61495029, 24 hour low: 59.00000, 24 hour high: 68.90583, 24 hour vwap: 64.03919
assbot: [MPEX] [S.MPOE] 1696 @ 0.00072466 = 1.229 BTC [-]
assbot: [MPEX] [S.MPOE] 13350 @ 0.00071724 = 9.5752 BTC [-]
gribble: BTCUSD ticker | Best bid: 67.01000, Best ask: 67.14374, Bid-ask spread: 0.13374, Last trade: 67.14374, 24 hour volume: 100774.97862368, 24 hour low: 59.00000, 24 hour high: 68.90583, 24 hour vwap: 64.15077
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.108999 = 1.09 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.109 = 0.327 BTC [+]
TomServo: pardon my ignorance, window for what?
Ukto: wait, coinbase what ?
deadweasel: i use them because it's easy, but it's not easy anymore.
Ukto: they are borked? is there a link ?
Ukto: news/forums article
deadweasel: i just went to my account, pending transfer from yesterday still stuck. couldn't buy because they'd reached their 'daily rolling limit'
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.109 BTC [+]
ThickAsThieves: i dont understand this whole 'we're out of coins' thing
papaso: open a account need to pay 30btc to owner?
assbot: [HAVELOCK] [SDICE] 4 @ 0.47 = 1.88 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.471 = 2.355 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.47139999 BTC [+]
assbot: [MPEX] [S.MPOE] 2100 @ 0.00070779 = 1.4864 BTC [-]
assbot: [MPEX] [S.MPOE] 8289 @ 0.00070736 = 5.8633 BTC [-]
assbot: [BTCTC] [GSDPT] 6 @ 0.00439 = 0.0263 BTC [+]
gribble: There are currently 10853.134 bitcoins offered at or under 69.99 USD, worth 747960.59105 USD in total. | Data vintage: 0.0015 seconds
assbot: [BTCTC] [GSDPT] 269 @ 0.0042 = 1.1298 BTC [-]
gribble: There are currently 9907.9092 bitcoins offered at or under 68.99 USD, worth 682460.720431 USD in total. | Data vintage: 82.5744 seconds
gribble: BTCUSD ticker | Best bid: 68.26000, Best ask: 68.27000, Bid-ask spread: 0.01000, Last trade: 68.27000, 24 hour volume: 102768.56697483, 24 hour low: 59.00000, 24 hour high: 68.90583, 24 hour vwap: 64.31059
gribble: There are currently 772.42237 bitcoins offered at or under 68.88 USD, worth 52976.3574245 USD in total. | Data vintage: 118.8765 seconds
ThickAsThieves: so its just big players trying to slow down the price to buy more?
imsaguy: *cough* #bitcoin-church *cough*
imsaguy: abracadabra: it wasn't address to you
imsaguy: be glad I didn't post #2 in the channel
assbot: [MPEX] [S.MPOE] 2184 @ 0.00070736 = 1.5449 BTC [-]
assbot: [MPEX] [S.MPOE] 1616 @ 0.00070324 = 1.1364 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.4714 = 4.714 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.475 BTC [+]
gribble: BTCUSD ticker | Best bid: 68.07176, Best ask: 68.10000, Bid-ask spread: 0.02824, Last trade: 68.10000, 24 hour volume: 103087.94303030, 24 hour low: 59.00000, 24 hour high: 68.90583, 24 hour vwap: 64.34889
assbot: [BTCTC] [PAJKA.BOND] 9 @ 0.108 = 0.972 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.87 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.898 = 1.796 BTC [+]
imsaguy: it must be fapfapfap o clock in romania
assbot: [HAVELOCK] [SDICE] 3 @ 0.46 = 1.38 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.108999 = 1.09 BTC [+]
MJR_: what is an echo chamber?
assbot: [BTCTC] [BTC-TRADING-PT] 10 @ 0.17241 = 1.7241 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.22 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.3 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.004397 = 0.044 BTC [+]
assbot: [BTCTC] [GSDPT] 270 @ 0.0044 = 1.188 BTC [+]
assbot: [BTCTC] [GSDPT] 275 @ 0.0044 = 1.21 BTC [+]
assbot: [MPEX] [S.MPOE] 5700 @ 0.00071173 = 4.0569 BTC [+]
assbot: [MPEX] [S.MPOE] 6904 @ 0.00071507 = 4.9368 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8979 = 1.7958 BTC [-]
MJR_: so, probably unlikely but I like to think this rally was my birthday present :)
gribble: BTCUSD ticker | Best bid: 68.90000, Best ask: 68.90582, Bid-ask spread: 0.00582, Last trade: 68.90582, 24 hour volume: 107834.14770626, 24 hour low: 59.00000, 24 hour high: 68.90583, 24 hour vwap: 64.65216
gribble: There are currently 8729.3961 bitcoins offered at or under 69.98 USD, worth 601874.449587 USD in total. | Data vintage: 0.0014 seconds
assbot: [MPEX] [O.BTCUSD.P570T] 6 @ 0.05341351 = 0.3205 BTC [-]
MJR_: I'm 31 now...old man
splnkr: I'd think the "-assets" channel suffix kind of implies an over-30 set
splnkr: sure, but i'd bet it skews a whole generation older than #bitcoin =P
MJR_: in the NYC start up scene im old
MJR_: bunch of 24 year olds running around
MJR_: changing the world with rounded corners and drop shadows ;)
splnkr: they need some grown ups around, whether they know it or not
MJR_: as far as hiring, not yet, hopefully soon?
splnkr: those born after Reagan probably know a thing or two about Ronald, but those of us who lived through it remember NANCY
MJR_: yes you know you are l33t when you get gradients going...
MJR_: but I can and do design pages
MJR_: I just like to make fun of most web based things which focus on form over function
MJR_: I actually like those things
jurov: i rather remember Raisa Maximovna :DD
MJR_: but those+jQuery do not make you an awesome app
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.859 = 7.731 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.859 BTC [-]
gribble: BTCUSD ticker | Best bid: 68.75000, Best ask: 68.90581, Bid-ask spread: 0.15581, Last trade: 68.75000, 24 hour volume: 107979.47490578, 24 hour low: 59.00000, 24 hour high: 68.90583, 24 hour vwap: 64.67794
gribble: 1 BTC = 68.75000 U.S. dollars = 53.3359193 Euros
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.108999 = 0.218 BTC [+]
MJR_: I just think that a lot of people are too focused on appearances, and it's kind of shallow in the web startup scene
MJR_: I think bitcoin is more focused on substance rather than "social" features
MJR_: anyway, I am a generalist, jack of all trades
ThickAsThieves: think design & mktg are important, but not an excuse to have lacluster sunstance or functionality
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.859 BTC [-]
jurov: well, what did you expect? 20somethings to tackle deeper issues?
jurov: i was in one coworking house here, too... they do marketing and take it very seriously
jurov: datamining about what makes something viral.. their holy grail
Troic_: they are never going to get it
jurov: what i'm doing went completely beyond them... and when i told "and i also manage difficulty derivatives on other exchange" outright laughter
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.85 BTC [-]
MJR_: like...being able to say words like "viral" and "long tail" is not enough
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.845202 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.845201 = 1.6904 BTC [-]
ThickAsThieves: new fringe marketing is always passe after a year or two
assbot: [BTCTC] [ASICMINER-PT] 11 @ 0.8451 = 9.2961 BTC [-]
MJR_: jurov: yes, exactly.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.845 BTC [-]
MJR_: I guess it is just don't let pretty effects be a crutch or mask poor functionality
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84455 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8445 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.843 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.842 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.842 BTC [-]
MJR_: by the way? how does the smoky dragon award work?
jurov: i actually wanted to get in touch with the founder, he created finviz.com so i thought he may be interested
MJR_: is it a nomination thing?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8321 BTC [-]
jurov: but he got a daughter so was never around
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.832 BTC [-]
jurov: or he was tired from the kindergarten :)
MJR_: to which august body should I submit my claim for the Slightly Smoking Dragon award?
MJR_: how is the shared space jurov
MJR_: I may look into something like that
jurov: MJR_ submit it to rota :)
jurov: and the coworking.. dunno. while being able to smoke waterpipe while working is very fine
jurov: i ended up working back from home
assbot: [MPEX] [S.DICE] 1425 @ 0.00496604 = 7.0766 BTC [-]
jurov: i didn't really got the human interaction i hoped for
MJR_: yeah, I can see that happening
MJR_: I think there is a huge untapped market for a more ubiquitous shared work space
MJR_: that is basically what Starbucks is
MJR_: if someone could offer what Starbucks offers, but better (more professional seating, Ethernet jacks, small conference rooms) and then franchise it
jurov: well, mere "shared space" isn't what i need
MJR_: yes, it's the interactions...
jurov: i need to talk with someone who is interested in waht i do
jurov: otherwise i have everything i need within 50m of my flat :)
MJR_: I am wondering if any of the hacker spaces in NYC have bitcoin fever
gribble: BTCUSD ticker | Best bid: 68.60001, Best ask: 68.89000, Bid-ask spread: 0.28999, Last trade: 68.60001, 24 hour volume: 85316.30339518, 24 hour low: 61.60000, 24 hour high: 68.90583, 24 hour vwap: 65.50233
gribble: Error: "bc,24hprc/" is not a valid command.
smickles: ;;calc [bc,24hprc] / [ticker --last]
assbot: [BTCTC] [MININGCO.ETF] 2 @ 0.54 = 1.08 BTC [-]
gribble: BTCUSD ticker | Best bid: 69.31945, Best ask: 69.89000, Bid-ask spread: 0.57055, Last trade: 70.00000, 24 hour volume: 92664.38564521, 24 hour low: 61.60000, 24 hour high: 68.90583, 24 hour vwap: 65.81245
assbot: [MPEX] [S.MPOE] 10100 @ 0.00072659 = 7.3386 BTC [+]
smickles: pizzaman1337: are you not familiar with the way religion works?
smickles: they come from different sources
gribble: BTCUSD ticker | Best bid: 70.00000, Best ask: 70.01000, Bid-ask spread: 0.01000, Last trade: 70.01000, 24 hour volume: 92664.38564521, 24 hour low: 61.60000, 24 hour high: 68.90583, 24 hour vwap: 65.81245
smickles: i think the high comes from mtgox's
http ticker, and the last is a stored value from the websocket
pizzaman1337: looks like that wall at 69 is gone though, obviously
smickles: 'cause amphipod showed the 70 at about the same time you tickered
gribble: BTCUSD ticker | Best bid: 70.55000, Best ask: 71.00000, Bid-ask spread: 0.45000, Last trade: 70.55000, 24 hour volume: 92664.38564521, 24 hour low: 61.60000, 24 hour high: 68.90583, 24 hour vwap: 65.81245
smickles: we've been outside of a 20day std. dev. for 3 days now
MJR_: it keeps surprising me with how fast it moves
smickles: i bet a lotta people look at this chart and see nothing but pump and dump
MJR_: that's why I wish it would slow back down
MJR_: 100 by 2014...but the market knows best I guess
splnkr: i don't see how there's any ceiling
MJR_: to be honest...I don't have a lot of coin
MJR_: it's all tied up in bonds and stocks and options
MJR_: and I don't want to unwind those positions...but and hold strategy
smickles: well, if peeps in the eu really are getting spooked and buying coins, when will the spooing end
splnkr: the ceiling is total monetary value in the global economy divided by 21 million
splnkr: that's a lot more than 100
smickles: butt and hold is my strategy too :D
smickles: splnkr: that's a pipedream tho
MJR_: technically...the ceiling is all the goods and services on earth
MJR_: however you choose to denominate that
smickles: MJR_: you're not accounting for the fact that people can lend money
MJR_: well...that is not real...I was just talking to someone about this yesterday
MJR_: what I love about options on mpex
MJR_: what is my potential loss when selling a call?
MJR_: most people would say infinite
MJR_: but that is only one way to look at it
MJR_: the other way is one bitcoin
MJR_: I can only lose one bitcoin because its a contract to buy one bitcoin
MJR_: so...viewing "money" as assets
smickles: but money is more complicated than just assets
MJR_: cuts through the fog of derivatives and lending
splnkr: for the sake of argument and simple math let's value the global economy at $21 trillion
MJR_: if I say a barrel of oil
splnkr: that would put the theoretical ceiling at $1,000,000 USD / BTC
MJR_: what is the global economy so were clear
splnkr: it's outside the scope of this discussion i think
smickles: if i lend 1 btc to a person with good enough credit in the community, i can treat the owenership of that loan as money (about equal to 1 btc)
MJR_: fractional reserve style...
splnkr: i mean that's if every fiat currency goes poof and everyone adopts BTC
MJR_: but if you view the global economy as all the stuff and hours in the world
smickles: i'm not lending out others deposits
splnkr: who's doing fractional reserve bitcoin lending?
splnkr: now would be a good time to get started
MJR_: doubt people would take too kindly to that
MJR_: the way to do that is with certificates of deposit
smickles: you can do lending and create more money w/o doing fractional reserve. so there is more money than goods and services
MJR_: in a sense I suppose
MJR_: but lets say I lend u 100 BTC
MJR_: but now I want to buy something
MJR_: well double entry accounting says I have a receivable
MJR_: you have a liability
splnkr: all that's much more complicated, i just think anyone saying there's a hard ceiling for USD/B TC in the double or even triple digits is BSing
MJR_: there isn't, my point is it's high time to remember what money is
MJR_: money is what you can buy with it
MJR_: the value of currency can fluctuate
mpexbot: smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information.
mpexbot: smickles: Bids: ['1000 @ 0.29444229']
mpexbot: smickles: Asks: ['1000 @ 0.4490245', '9 @ 5.0']
gribble: BTCUSD ticker | Best bid: 70.50003, Best ask: 70.55000, Bid-ask spread: 0.04997, Last trade: 70.91209, 24 hour volume: 93150.81477258, 24 hour low: 62.50130, 24 hour high: 71.25000, 24 hour vwap: 66.30872
MJR_: ;;calc (66.30-41)/66.30
MJR_: it can never be worth more than 1 right?
smickles: MJR_: mpex uses bc,24hprc, if that's what you were calcin'
MJR_: gribble can give that? or do I have to use mpexbot?
MJR_: ;;calc (66.21-41)/66.21
smickles: MJR_: a c490n would break even at a price of 4900usd/btc if sold at ~ 1
MJR_: these 41 calls have been good to me
smickles: the c490n is a 'fat finger' play
gribble: Current Blocks: 227191 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 616 blocks | Next Difficulty In About: 2 days, 18 hours, 17 minutes, and 45 seconds | Next Difficulty Estimate: 6427426.4485 | Estimated Percent Change: 32.58858
MJR_: though im kicking myself for selling half of mine at 2x my price
gribble: Next difficulty estimate | 6427426.4485 based on data since last change | 7111506.45763 based on data for last three days
smickles: and then it just kept going up
smickles: so hopefully span and cyprus get a full scale bitcoin economy going. that would be lovely
MJR_: I figured that now im playing with the houses money
MJR_: as this half is profit
MJR_: someone at work wanted to short
smickles: heh, that's a good idea which the casino's made up to get your money back in their hands
MJR_: but it is hard to calculate on that scale
MJR_: valuation is one of the hardest things and one of the most important things
MJR_: it's subjective at the end of the day
mpexbot: smickles: Bids: ['1000 @ 0.53338816', '2 @ 0.42751695']
mpexbot: smickles: Asks: ['1 @ 0.63235001', '1000 @ 0.64887279']
assbot: [BTCTC] [S.MPOE-PT] 210 @ 0.00072 = 0.1512 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.17501 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.175 = 0.35 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.17002 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.17 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.16 = 0.32 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.15 = 0.3 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.14 = 0.28 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.85896 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.85897 BTC [+]
smickles: MJR_: "Cognitive Mining is a well established and trusted entity which was previously traded on GLBSE, but only because of the closure is moving here. Cognitive will significantly increase BTC-TC revenue via trade fees, and increase site exposure and trust because a trusted entity is trusting you!"
smickles: isn't it funny that they tell you they are trusted?
MJR_: that is ugly from purely a grammar and style sense
MJR_: but they should just skip ahead to the tautology club
kakobrekla: in years he will look back at this and be embarassed
smickles: best argument for why bitcoin is a game
smickles: the kids involved now will be too embarassed in a few years
smickles: "naw, that wasn't real money, that was a game. Like warhammere 40k"
kakobrekla: some are born to sweet delight, some are born to endless night
MJR_: you know what's awesome?
MJR_: when your hedge to the main position does great too
MJR_: though its an imperfect hedge
MJR_: I hedge my portfolio partially with lending dollars on bitfinex
smickles: ok, well, the next line in the sand is 84
kakobrekla: yeah speaking of, 100$ will make me look ridiculus
pgp2: time between blocks now at 6.46 min.... damn - mining is about to become really hard...
gribble: Current Blocks: 227193 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 614 blocks | Next Difficulty In About: 2 days, 18 hours, 4 minutes, and 50 seconds | Next Difficulty Estimate: 6427539.17082 | Estimated Percent Change: 32.5909
assbot: [HAVELOCK] [VTX] 10 @ 0.4102 = 4.102 BTC
gribble: BTCUSD ticker | Best bid: 72.00055, Best ask: 72.01000, Bid-ask spread: 0.00945, Last trade: 72.01000, 24 hour volume: 93554.33064456, 24 hour low: 62.50130, 24 hour high: 72.35000, 24 hour vwap: 66.47931
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.85897 = 1.7179 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4600001 = 0.92 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.4102 = 1.2306 BTC
assbot: [BTCTC] [GSDPT] 100 @ 0.00425 = 0.425 BTC [-]
assbot: [BTCTC] [GSDPT] 100 @ 0.0042 = 0.42 BTC [-]
splnkr: latest mtgox high 74.9
assbot: [MPEX] [S.DICE] 75 @ 0.00496604 = 0.3725 BTC [-]
gribble: BTCUSD ticker | Best bid: 74.43201, Best ask: 74.70000, Bid-ask spread: 0.26799, Last trade: 74.43201, 24 hour volume: 94640.92768269, 24 hour low: 62.50130, 24 hour high: 74.90000, 24 hour vwap: 66.64683
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.108999 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.14003 BTC [+]
MJR_: ;;calc 5500 * 0.00496604
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.06357617 = 0.2543 BTC
assbot: [BTCTC] [COGNITIVE] 1 @ 0.14002 BTC [-]
MJR_: ;;calc 27.31322 * 74.90
assbot: [BTCTC] [COGNITIVE] 8 @ 0.14 = 1.12 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.12205 BTC [-]
assbot: [BTCTC] [GSDPT] 11 @ 0.0042 = 0.0462 BTC [-]
assbot: [MPEX] [S.DICE] 150 @ 0.00450321 = 0.6755 BTC [-]
gribble: BTCUSD ticker | Best bid: 74.01505, Best ask: 74.29875, Bid-ask spread: 0.28370, Last trade: 74.01505, 24 hour volume: 95240.44718836, 24 hour low: 62.50130, 24 hour high: 74.90000, 24 hour vwap: 66.69937
gribble: There are currently 7596.5366 bitcoins offered at or under 80.0 USD, worth 589106.947162 USD in total. | Data vintage: 119.0183 seconds
gribble: There are currently 10524.979 bitcoins offered at or under 85.0 USD, worth 822437.142286 USD in total. | Data vintage: 2.3512 seconds
assbot: [HAVELOCK] [VTX] 20 @ 0.003 = 0.06 BTC [-]
gribble: There are currently 11537.613 bitcoins offered at or under 89.99 USD, worth 910459.618314 USD in total. | Data vintage: 17.3556 seconds
gribble: There are currently 19291.337 bitcoins offered at or under 99.99 USD, worth 1669256.72911 USD in total. | Data vintage: 30.9742 seconds
assbot: [MPEX] [O.BTCUSD.C750T] 3 @ 0.06156249 = 0.1847 BTC [-]
assbot: [HAVELOCK] [VTX] 50 @ 0.003 = 0.15 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.45 BTC [-]
assbot: [HAVELOCK] [VTX] 100 @ 0.003 = 0.3 BTC [-]
assbot: [HAVELOCK] [VTX] 75 @ 0.003 = 0.225 BTC [-]
assbot: [MPEX] [S.DICE] 125 @ 0.00450321 = 0.5629 BTC [-]
assbot: [BTCTC] [BTC-BOND] 2 @ 0.0099 = 0.0198 BTC [+]
assbot: [HAVELOCK] [VTX] 99 @ 0.003 = 0.297 BTC [-]
assbot: [HAVELOCK] [VTX] 500 @ 0.003 = 1.5 BTC [-]
assbot: [HAVELOCK] [VTX] 500 @ 0.003 = 1.5 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.44002 = 2.6401 BTC [-]
assbot: [HAVELOCK] [VTX] 900 @ 0.003 = 2.7 BTC [-]
mod6: yeah, its been awol for a hot minute
MJR_: I wish they showed how many orders they do per day
topace: vtx price was waaaaaaaaay off
MJR_: would be a better measure of liquidity
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06211269 = 0.1242 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06263959 BTC [+]
topace: yea the rate calculuation fucked up
topace: brefore brign it back up
assbot: [MPEX] [S.MPOE] 7700 @ 0.00072255 = 5.5636 BTC [-]
unbalanced: Won't a big sdice win like that just encourage more desperate rubes to flush their bitcoins away?
MJR_: that guy looked like an idiot on Bloomberg video
gribble: BTCUSD ticker | Best bid: 72.80000, Best ask: 72.80001, Bid-ask spread: 0.00001, Last trade: 72.80000, 24 hour volume: 96873.60013063, 24 hour low: 62.50130, 24 hour high: 74.90000, 24 hour vwap: 67.02669
MJR_: strangely, I think we are going to see a bunch of new money coming in
gribble: BTCUSD ticker | Best bid: 72.80003, Best ask: 73.60691, Bid-ask spread: 0.80688, Last trade: 73.60691, 24 hour volume: 97393.33155240, 24 hour low: 62.50130, 24 hour high: 74.90000, 24 hour vwap: 67.08461
MJR_: can't turn your head without it jumping
kakobrekla: and it was looking optimistic or somthing
kakobrekla: we are way past the scale of the chart.
assbot: [HAVELOCK] [VTX] 130 @ 0.3899 = 50.687 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.3899 = 7.798 BTC [+]
assbot: [HAVELOCK] [VTX] 8 @ 0.3899 = 3.1192 BTC [+]
assbot: [MPEX] [S.MPOE] 1450 @ 0.00072255 = 1.0477 BTC [-]
assbot: [MPEX] [S.MPOE] 1167 @ 0.00072659 = 0.8479 BTC [+]
assbot: [MPEX] [S.MPOE] 6383 @ 0.00073058 = 4.6633 BTC [+]
MJR_: ;;calc 2500 * 0.00073058
assbot: [HAVELOCK] [VTX] 174 @ 0.3899 = 67.8426 BTC [+]
assbot: [BTCTC] [MININGCO.ETF] 2 @ 0.63 = 1.26 BTC [+]
assbot: [MPEX] [S.DICE] 725 @ 0.00450321 = 3.2648 BTC [-]
assbot: [MPEX] [S.DICE] 675 @ 0.0045032 = 3.0397 BTC [-]
assbot: [MPEX] [S.DICE] 8600 @ 0.0043113 = 37.0772 BTC [-]
assbot: [HAVELOCK] [VTX] 12 @ 0.3899 = 4.6788 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.3899 = 3.899 BTC [+]
mircea_popescu: raising 5k btc for 10% so a 50k btc float predicated on 37k monthly trade of which they charge what, 1% ? 0.5% ?
assbot: [HAVELOCK] [VTX] 5 @ 0.3899 = 1.9495 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.3899 BTC [+]
assbot: [HAVELOCK:VTX] 1D: 0.38990000 / 0.4020257 / 0.45780000 (498 shares, 200.20880000 BTC), 7D: 0.38990000 / 0.40701368 / 0.46140000 (570 shares, 231.99780000 BTC), 30D: 0.38990000 / 0.40701368 / 0.46140000 (570 shares, 231.99780000 BTC)
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06458438 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.3899 = 1.1697 BTC [+]
unbalanced: kakobrekla: nice charts, what assumptions did you use? I'm still foggy on difficulty driving price.
mpexbot: smickles: 1 day: no data 7 day: average: 55.42906834 high: 57.60574549 low: 51.19305144 volume: 14257 btc: 1202.67534357 30 day: no data
assbot: [HAVELOCK] [VTX] 10 @ 0.3899 = 3.899 BTC [+]
gribble: Error: unexpected EOF while parsing (<string>, line 1)
assbot: [HAVELOCK] [VTX] 20 @ 0.3899 = 7.798 BTC [+]
mircea_popescu: if they use the ipo funding to actually get registered with the whatever proper authorities / get a banking partner this may work out well for everyone.
kakobrekla: unbalanced that is one of the first results, after 30days runtime, the fit was better, input data is price per difficulty
mircea_popescu: unbalanced o, they said so ? that;'s constructive then.
assbot: [MPEX] [S.DICE] 2943 @ 0.0043113 = 12.6882 BTC [-]
unbalanced: They're pretty far along that as far as payment processing / licensing
assbot: [MPEX] [S.DICE] 12023 @ 0.004101 = 49.3063 BTC [-]
assbot: [MPEX] [S.DICE] 8400 @ 0.004 = 33.6 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.3899 = 3.899 BTC [+]
unbalanced: Disclosure: I want to own some but will have to wait.
mircea_popescu: growing rapidly. VirtEx is experiencing explosive growth shown by: Revenue increasing 146% in the last 2 months (Jan/Feb 2013)
mircea_popescu: conveniently not pointing out this is fiat growth and thus irrelevant, right ?
mircea_popescu: ColdHardMetal Greater than 2500 0.50%. I dunno how defensible that 3% is given that 100 per monht...
assbot: [HAVELOCK] [VTX] 25 @ 0.3898 = 9.745 BTC [-]
mircea_popescu: "with opportunity to continue growing rapidly as more Canadians learns about the Bitcoin"
mircea_popescu: ColdHardMetal if you only need ~100 i'd imagine you're connected enough to handle it otc ?
unbalanced: 100BTC per 120d is the threshold to escape 3%
mircea_popescu: so basically they have this construct where the havelock fund owns shares and then the participants on havelock own shares in the fund thus eschewing shareholder reporting
assbot: [HAVELOCK] [SDICE] 7 @ 0.441 = 3.087 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.004 = 4 BTC [-]
assbot: [MPEX] [S.DICE] 1600 @ 0.004 = 6.4 BTC [-]
topace: mircea_popescu: theres an option to be listed on the official paperwork even if you own the shares through havelock
mircea_popescu: topace o there you are. hey, did you announce here and i missed it ?
topace: no i ddint really announce it :p
unbalanced: They are trying to do this in a way that won't get them shut down. I hope they do well and grow the market.
assbot: [MPEX] [S.DICE] 4034 @ 0.004 = 16.136 BTC [-]
topace: i figured the announcements should be up to virtex themselves :p
assbot: [HAVELOCK] [VTX] 10 @ 0.3898 = 3.898 BTC [-]
mircea_popescu: topace well why not ? hehe nah. you're their ipo manager, you announce.
assbot: [HAVELOCK] [VTX] 510 @ 0.3898 = 198.798 BTC [-]
unbalanced: kakobrekla, is that a private algo or something others could play with?
mircea_popescu: unbalanced yeah, well... interesting device. we still don't have enough on how exactly it'd play out to know.
assbot: [HAVELOCK] [VTX] 3 @ 0.3898 = 1.1694 BTC [-]
mircea_popescu: unbalanced i think so. sometimes people go "no clue" tho.
assbot: [HAVELOCK] [SDICE] 5 @ 0.44001 = 2.2001 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 250 @ 0.09 = 22.5 BTC [-]
assbot: [HAVELOCK] [VTX] 40 @ 0.3898 = 15.592 BTC [-]
mircea_popescu: topace so what's this song and dance with shares could be more expensive than ipo warning thing ?
gribble: Error: For identification purposes, you must be authenticated to use the rating system.
unbalanced: I think on past IPOs people bought at the bid/ask and didn't see that there were IPO shares left.
assbot: [BTCTC] [PAJKA.BOND] 250 @ 0.09 = 22.5 BTC [-]
mircea_popescu: unbalanced where are these shares left ? not in the book ?
assbot: [HAVELOCK] [VTX] 75 @ 0.3898 = 29.235 BTC [-]
mircea_popescu: ;;everify freenode:#bitcoin-otc:2a1e8519990917366b20fe81156f46768171939a91c1731376640a70
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;#bitcoin-dev
unbalanced: He's just giving dimwits like me a fighting chance.
mircea_popescu: ;;everify freenode:#bitcoin-otc:2a1e8519990917366b20fe81156f46768171939a91c1731376640a70
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
gribble: Rating entry successful. Your rating of 1 for user bingoboingo has been recorded.
assbot: [HAVELOCK] [SDICE] 2 @ 0.4400001 = 0.88 BTC [-]
kakobrekla: unbalanced but the evolution did continiue
mircea_popescu: unbalanced i don't get it tho. if there's ipo shares left they're in the book at ipo price. you can't buy past them.
mircea_popescu: if they're not in the book then there's not any elft and so... market price
ThickAsThieves: the ipo shares are not on the main havelock page for the asset
unbalanced: kakobrekla, is the scale on the chart in thousands on the left?
kakobrekla: the first top is first bubble we had taht went to 30
ThickAsThieves: whats funnier is that the flippers should be posting trickier asks
assbot: [HAVELOCK] [VTX] 3 @ 0.3851 = 1.1553 BTC [-]
gribble: BTCUSD ticker | Best bid: 73.21001, Best ask: 73.40000, Bid-ask spread: 0.18999, Last trade: 73.40000, 24 hour volume: 97553.15321209, 24 hour low: 62.50130, 24 hour high: 74.90000, 24 hour vwap: 67.23243
topace: why is it not just on the open market?
topace: becuase the system can do things like limit the number of shares per user
topace: and also, the ipo price changes
topace: to match $CAD valuation
topace: mircea_popescu: VTX doesnt limit it
topace: but its possible for hte systme to
mircea_popescu: topace i would say this is kludge. keep a single book rather than fragment it.
topace: when i luanched the sdice passthru i limited it in the public offerings
topace: i cant argue this now, im late
topace: im suppose dto leave half an hour ago
MJR_: Wall Street 2: Money never sleeps
smickles: is it just me, or satoshidice.com borked
assbot: [HAVELOCK] [VTX] 100 @ 0.3851 = 38.51 BTC [-]
MJR_: s.dice has great prospects I think
smickles: it only partially loads for me, heavy traffic maybe?
MJR_: cuz of great market share
assbot: [HAVELOCK] [VTX] 1 @ 0.3851 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.3851 = 3.851 BTC [-]
mod6: MJR_: blue horseshoe loves Anacott Steel
MJR_: I was trading quotes with coworkers yesterday
MJR_: The Notorious BIG said it best: "Either you're slingin' crack-rock, or you've got a wicked jump-shot." Nobody wants to work for it anymore. There's no honor in taking that after school job at Mickey Dee's, honor's in the dollar, kid. So I went the white boy way of slinging crack-rock: I became a stock broker.
MJR_: boiler room is a classic
mod6: oh yeah. thats a good one too.
MJR_: They say money can't buy happiness? Look at the fucking smile on my face. Ear to ear, baby.
MJR_: Ben affleks finest work was that scene I think
MJR_: he pulls off douche so easily
mod6: what about gilly or whatever the fuck
mod6: he probably wants to delete that one
MJR_: lol there were a bunch of bad ones...
MJR_: that scene was basically a rip off of Alex Baldwin in glengarry glen Ross
mod6: yeah, i've had 5 cups of coffee, btc is > $70 and im /still/ workin like a slave
MJR_: lol, I've never worked harder than when I got involved in bitcoin
smickles: mod6: turns out the right move woul've been to maxout my credit cards with cash advances and buy btc a few months ago
mod6: smickles: its hard not to see how that would have paid off.
MJR_: you could also have bankrupted
mircea_popescu: Total 299084. this month mpoe bot is going over 300k contracts traded
deadweasel: unless you got your capital out already
MJR_: mircea_popescu: nice!
MJR_: im married to my sdice position
assbot: [HAVELOCK] [VTX] 115 @ 0.3898 = 44.827 BTC [+]
mircea_popescu: ThickAsThieves there's never been a projection on s.mpoe divs
assbot: [BTCTC] [BTC-BOND] 50 @ 0.0099 = 0.495 BTC [+]
smickles: ya know, it's possible to calc it if you track what the bot is buying/selling for and the trade data
assbot: [HAVELOCK] [SDICE] 2 @ 0.43000001 = 0.86 BTC [-]
smickles: well, damn, ofc i lost MY less than 1 bet
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.00999 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.416 = 2.08 BTC [-]
tiberiusiv: whats the forwrad looking statement for bbet
assbot: [HAVELOCK] [VTX] 14 @ 0.3898 = 5.4572 BTC [+]
smickles: ya know, i'd be selling satoshi dice dice at satoshidicedice.com right now if evoorhees had given me anything more than an informal statement that he wouldn't sue me for using the brand
mircea_popescu: > 20 in fees and > 10 btc in confiscations from wannabe scalpers that failed at it.
assbot: [HAVELOCK] [VTX] 38 @ 0.3898 = 14.8124 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.3898 = 0.7796 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.3898 BTC [+]
deadweasel: I placed some bets, but I forgot on what. I guess I could scrape your site for the few of my btc addy.
MJR_: what do you mean selling sdice on satoshidice.com?
assbot: [HAVELOCK] [VTX] 256 @ 0.3898 = 99.7888 BTC [+]
assbot: [HAVELOCK] [VTX] 76 @ 0.3898 = 29.6248 BTC [+]
smickles: mircea_popescu: i'm weary about entering into a business with a guy who won't put anything in writing ever
assbot: [HAVELOCK] [VTX] 100 @ 0.3898 = 38.98 BTC [+]
smickles: MJR_: no, i mean just in the dice situation
assbot: [HAVELOCK] [VTX] 2 @ 0.3898 = 0.7796 BTC [+]
smickles: i was going to have dice manufacured and sell them and he said it was ok, and that if they looked good he'd advertise them. but would not have any form of that deal in writing
assbot: [HAVELOCK] [VTX] 2 @ 0.3898 = 0.7796 BTC [+]
smickles: so i don't want to do something that puts me in such a vulnerable position
MJR_: I was wondering what the process is for ssd certification?
mircea_popescu: smickles i don't follow. you outlay what, 50 btc for printing dice on his promise that he'll adverise them if he likes them.
assbot: [HAVELOCK] [VTX] 23 @ 0.3898 = 8.9654 BTC [+]
MJR_: slightly smoking dragon
assbot: [HAVELOCK] [SDICE] 5 @ 0.416 = 2.08 BTC [-]
MJR_: I think it has become the de facto standard of excellence
MJR_: so what body grants this status?
MJR_: is it nomination? application?
assbot: [HAVELOCK] [KCIM] 1 @ 1.08 BTC [-]
assbot: [HAVELOCK] [KCIM] 2 @ 1.07 = 2.14 BTC [-]
assbot: [HAVELOCK] [KCIM] 4 @ 1.01 = 4.04 BTC [-]
assbot: [HAVELOCK] [KCIM] 14 @ 1.001 = 14.014 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3898 = 0.7796 BTC [+]
smickles: mircea_popescu: well, he implied that he either wasn't the sole owner of sdice (outside of S.DICE) or that he would soon become only a part owner and that his word would not transfer to these other owners
MJR_: seriously, though...I trust a ssd more than Moody's
smickles: at the least, i saw it as a bad risk to lay down money on production and then get a c&d
assbot: [HAVELOCK] [VTX] 5 @ 0.3898 = 1.949 BTC [+]
gribble: BTCUSD ticker | Best bid: 72.50001, Best ask: 72.71000, Bid-ask spread: 0.20999, Last trade: 72.19800, 24 hour volume: 97249.46875243, 24 hour low: 63.00000, 24 hour high: 74.90000, 24 hour vwap: 67.41164
mircea_popescu: smickles unless you lay down A LOT of money it seems maybe exaggerated.
MJR_: I don't think that they would care much
mircea_popescu: MJR_ even if they did care, they'd split revenue somehow
assbot: [HAVELOCK] [VTX] 54 @ 0.3898 = 21.0492 BTC [+]
MJR_: I doubt it would really matter compared to their revenue
smickles: ah well, one of you do it then. i'm on to other things
MJR_: worst case revenue split
mircea_popescu: maybe the guy with the bitcoin buttons'd be interested
MJR_: I understand the reticence smickles
MJR_: it right now is possible to lean on the community aspects of the bitcoin world
Namworld: Just put a withdrawal request in
MJR_: and maybe we shouldn't so much
MJR_: Namworld: love the bonds
smickles: i mean, all i was asking for was a 'paper copy' of what he was saying
assbot: [HAVELOCK] [VTX] 4 @ 0.3898 = 1.5592 BTC [+]
Namworld: aye, too bad I can't sell more.
MJR_: I wish they had an automatic rebuy option
MJR_: to reinvest income back in
assbot: [HAVELOCK] [VTX] 18 @ 0.3898 = 7.0164 BTC [+]
assbot: [HAVELOCK] [VTX] 8 @ 0.3898 = 3.1184 BTC [+]
smickles: mircea_popescu: this also happened that day that he had trouble authing with gribble, so, given that he wasn't willing to sign anything, i had a small bit of doubt that i was even talking with the real evoorhees
assbot: [HAVELOCK] [VTX] 8 @ 0.3898 = 3.1184 BTC [+]
mod6: oh i remember that day.
mod6: we had faux ev on here
MJR_: smickles: well nothing ventured, nothing lost
smickles: heh, i ended up using the money to make an extra payment on my wife's car
mod6: You miss 100% of the shots you don't take -- Wayne Gretzky
assbot: [HAVELOCK] [VTX] 10 @ 0.3898 = 3.898 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.3898 = 1.949 BTC [+]
smickles: as if i know how good a pw he has
MJR_: those guys are so busy it doesn't seem like sdice is the main thing on their mind
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.85896 = 17.1792 BTC [-]
MJR_: see how many interviews he's doing...almost never really talks about sdice
assbot: [BTCTC] [PAJKA.BOND] 6 @ 0.108999 = 0.654 BTC [+]
smickles: you sunk my battleship in 1 dimention?
MJR_: one dimensional battleship...
assbot: [BTCTC] [SYNERGY] 1 @ 0.01001 BTC [-]
ThickAsThieves: sdice is his dirty little secret that pays for his bitcoin jesus work
MJR_: I don't see it as dirty
MJR_: think bitcoin gambling is more honest
assbot: [HAVELOCK] [SDICE] 7 @ 0.4111 = 2.8777 BTC [-]
MJR_: I find it hilarious that I can say on average you will always lose and people say ok
ThickAsThieves: you cant be a gangster and a preacher at the same time
MJR_: ThickAsThieves: I think you can
MJR_: yes! go forth, be fruitful
assbot: [HAVELOCK] [VTX] 2 @ 0.3898 = 0.7796 BTC [+]
MJR_: as soon as my business gets our slightly smoking dragon certification
assbot: [HAVELOCK] [VTX] 8 @ 0.3897 = 3.1176 BTC [-]
MJR_: I joke about that, but seriously...mpex has street cred and trust
MJR_: you could rate things (you are implicitly doing that by allowing people to list here)
assbot: [HAVELOCK] [VTX] 1 @ 0.3897 BTC [-]
assbot: [MPEX] [S.MPOE] 5550 @ 0.0007304 = 4.0537 BTC [-]
mircea_popescu: and i do rate things, if you follow me here or the girl on the forum you get an idea
assbot: [HAVELOCK] [SDICE] 1 @ 0.401 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4001 = 1.2003 BTC [-]
gribble: Error: "bc,prc" is not a valid command.
Josh_Rossi: but i don't think anyone can say anything bad about it
deadweasel: don't mean shit, the whole game could end tomorrow.
deadweasel: it's power struggle that has yet to be settled and MPEX could be a casualty.
Josh_Rossi: i wouldn't phrase quite so dramatically
jcpham: mircea_popescu mpex has "street cred"
jcpham: i just read it on the internet
assbot: [BTCTC] [COGNITIVE] 1 @ 0.18799 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.349 BTC [+]
deadweasel: Josh_Rossi: I am a drama queen, it's something I've been working on for a few years. I was raised by women.
assbot: [HAVELOCK] [VTX] 5 @ 0.3897 = 1.9485 BTC [-]
assbot: [HAVELOCK] [VTX] 150 @ 0.3897 = 58.455 BTC [-]
assbot: [HAVELOCK] [VTX] 98 @ 0.3897 = 38.1906 BTC [-]
Josh_Rossi: i am working on an executive summary and i am going to phrase that scenario as "regulatory force majeur"
Josh_Rossi: because i don't think necessarily that it matters what risks you are taking as long as you are aware you are taking them and honest about them
assbot: [MPEX] [S.MPOE] 2110 @ 0.0007304 = 1.5411 BTC [-]
assbot: [MPEX] [S.MPOE] 3100 @ 0.00072802 = 2.2569 BTC [-]
assbot: [MPEX] [S.MPOE] 1590 @ 0.00071536 = 1.1374 BTC [-]
Josh_Rossi: they say you are twice as likely to be hit by a car in a crosswalk vs jaywalking
assbot: [HAVELOCK] [VTX] 80 @ 0.3927 = 31.416 BTC [+]
pigeons: looks like VTX/cavirtex is selling well
deadweasel: you think we'll hit $100/BTC this month?
assbot: [HAVELOCK] [VTX] 50 @ 0.3927 = 19.635 BTC [+]
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
assbot: [HAVELOCK] [SDICE] 6 @ 0.4001 = 2.4006 BTC [-]
assbot: [HAVELOCK] [VTX] 6 @ 0.3927 = 2.3562 BTC [+]
jurov: so where are my C1000N, C2000N and C5000Ns?
Josh_Rossi: i was thinking about the interesting possibilities for insurance and such
gribble: BTCUSD ticker | Best bid: 71.84382, Best ask: 72.19999, Bid-ask spread: 0.35617, Last trade: 72.19999, 24 hour volume: 102630.95374871, 24 hour low: 63.00000, 24 hour high: 74.90000, 24 hour vwap: 67.73641
assbot: [HAVELOCK] [VTX] 2 @ 0.3987 = 0.7974 BTC [+]
Josh_Rossi: but they are delivarables if i remember correctly?
Josh_Rossi: oh lol thought that was something different
assbot: [HAVELOCK] [VTX] 25 @ 0.3987 = 9.9675 BTC [+]
jurov: ;;ident Josh_Rossi
gribble: Nick 'Josh_Rossi', with hostmask 'Josh_Rossi!Josh_Rossi@cpe-68-174-114-54.nyc.res.rr.com', is identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
assbot: [BTCTC] [BTC-BOND] 10 @ 0.00985 = 0.0985 BTC [-]
assbot: [BTCTC] [BTC-BOND] 2 @ 0.009843 = 0.0197 BTC [-]
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009843 = 0.0984 BTC [-]
assbot: [BTCTC] [BTC-BOND] 30 @ 0.009842 = 0.2953 BTC [-]
mjr_: i wish i could link both to the same one
assbot: [MPEX] [S.MPOE] 4367 @ 0.00073058 = 3.1904 BTC [+]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00073461 = 5.2157 BTC [+]
assbot: [MPEX] [S.MPOE] 7361 @ 0.00073552 = 5.4142 BTC [+]
assbot: [MPEX] [S.MPOE] 8672 @ 0.00073756 = 6.3961 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.108999 BTC [+]
mjr_: I figured that I would use my real name if i have to sign things and build up WoT
mjr_: but for average chats i prefer this handle
mircea_popescu: splitting your name, nobody will know who the fuck josh is
jurov: you can use group with nickserv, i think gribble will pick it up?
billg: now i'm all bsnsss
mjr_: but we aren't the only two josh's in the world
assbot: [HAVELOCK] [VTX] 1 @ 0.3987 BTC [+]
jcpham: ok you can be josh too i guess
mod6: yeah, i'd say stick with mjr_ or whatever. cause i thought Josh_Rossi was a newb
jcpham: let's make him change his name
mjr_: but if i were to sign a statement
billg: be cool. call ur joshua
mjr_: and i needed it tied to my government identity
jcpham: oh joshua gets me moist
mjr_: lol also it is pretty easy for me to prove that i'm me
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
assbot: [HAVELOCK] [VTX] 7 @ 0.3987 = 2.7909 BTC [+]
mjr_: its weird though, i was inspired to use my real name by mircea_popescu
deadweasel: ah, time to clock out. later all, do great things while I'm gone.
mjr_: but it feels to weird always showing that
mjr_: also i got pissed off cuz some other guy who got here later than me registered mjr
smickles: think is, i had the nick before the slang existed
jcpham: i hope it is a family name
jcpham: send the family member that link to ud
mjr_: billg: did you mean "no smickles"
smickles: hah, guess what the second link is on a google for smickles
billg: see the full page. there's 2. and 3. meaning, even more hilarious
Namworld: idk why S.DICE is so low. Seems like it's doing pretty well. Month is just a bit lower...
jcpham: i like the third link you SEO genius
Namworld: I've been buying some at 0.004
mjr_: Namworld: I am thinking of doubling down on it
mjr_: it just depends...i really love a revenue stream in bitcoins
assbot: [HAVELOCK] [KCIM] 3 @ 1.001 = 3.003 BTC [-]
mjr_: hence MPOE and SDICE
mjr_: yeah, but i like to be diversified
jborkl: you could make a smickle me elmo that pissed himself
mjr_: also i lend money out on bitfinex so i always have dollars too
mjr_: so it is a partially hedged position
jurov: oh and some lucky guy made 0.69 btc today in coinbr affiliate credit.. wasn't that you?
mjr_: but options have treated me the best so far
mjr_: it was a great birthday present
mjr_: i need to start opening more accounts for you
assbot: [HAVELOCK] [VTX] 5 @ 0.3904 = 1.952 BTC [-]
mjr_: is there a good link to see an estimate for divs for sdice?
dub: I thought my .67 was pretty good
tiberiusiv: if you noticed transactions per day went from 70k to 45k
tiberiusiv: and that was from satoshi dice going down
mjr_: yeah profits are still good
mjr_: i have to stick to my guns, i think the markets are wrong on this one
mjr_: though its possible that they just found better investments, higher yield etc...its a pretty thin market really
gribble: 1 BTC = 73.25000 U.S. dollars = 56.8269977 Euros
mjr_: the only problem is that each share will cost me more in dollars if i choose to put more in now
mjr_: i wish i was more fully in the btc economy
assbot: [HAVELOCK] [VTX] 1 @ 0.3904 BTC [-]
jurov: lol so bratislava region has 7th highest Regional GDP per capita in the EU27? dunno why
jurov: more than prague/vienna/stockholm?
mjr_: where is bratislava?
jurov: you don;t want to know
jurov: hostel filmed there
awkorama: hostel was actually filmed in czech republic
mjr_: don't know enough about sloavakia
mjr_: ;;calc 69188.35120444 * 70
assbot: [HAVELOCK] [VTX] 100 @ 0.3904 = 39.04 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.109 = 0.327 BTC [+]
assbot: [HAVELOCK] [VTX] 103 @ 0.3862 = 39.7786 BTC [-]
assbot: [HAVELOCK] [VTX] 33 @ 0.3862 = 12.7446 BTC [-]
smickles: anyone want to trade some mpexbtc for some mtgoxbtc?
assbot: [HAVELOCK] [VTX] 10 @ 0.3862 = 3.862 BTC [-]
assbot: [HAVELOCK] [VTX] 50 @ 0.3862 = 19.31 BTC [-]
assbot: [HAVELOCK] [VTX] 6 @ 0.3862 = 2.3172 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750N] 16 @ 0.24771283 = 3.9634 BTC [-]
assbot: [HAVELOCK] [VTX] 51 @ 0.3862 = 19.6962 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.3862 = 1.1586 BTC [-]
assbot: [HAVELOCK] [VTX] 30 @ 0.3862 = 11.586 BTC [-]
tiberiusiv: jurov: id trust those GDP per capita numbers with a grain of salt
jurov: yea. dunno why they publish them then (and moreover, 2 years late)
tiberiusiv: mississipi has a gdp per capita of germany or some shit
tiberiusiv: but if you visit the 2 its like night and day lol
jurov: same with bratislava and vienna
assbot: [HAVELOCK] [VTX] 307 @ 0.3862 = 118.5634 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3862 = 0.7724 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.004 BTC [+]
assbot: [HAVELOCK] [VTX] 487 @ 0.3862 = 188.0794 BTC [-]
assbot: [HAVELOCK] [VTX] 116 @ 0.3862 = 44.7992 BTC [-]
assbot: [HAVELOCK] [VTX] 31 @ 0.3862 = 11.9722 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00499997 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 12 @ 0.8589 = 10.3068 BTC [-]
assbot: [MPEX] [S.MPOE] 856 @ 0.00071536 = 0.6123 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8589 BTC [-]
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
assbot: [BTCTC] [BITVPS] 2 @ 0.004 = 0.008 BTC [+]
smickles: ;;rate jborkl_ 1 sent first :)
gribble: Rating entry successful. Your rating of 1 for user jborkl_ has been recorded.
jborkl: smickles in the mpexgui, a MTGOX last really small at the top would be cool
smickles: jborkl: I'll add that to the list, probably next thing i do since it'd be very easy
assbot: [HAVELOCK] [VTX] 1 @ 0.3862 BTC [-]
Namworld: I hope we get a windows exe soon
assbot: [HAVELOCK] [VTX] 36 @ 0.3862 = 13.9032 BTC [-]
smickles: Namworld: It's part of the plan, should come after I code in the full mpex command list
assbot: [HAVELOCK] [VTX] 2 @ 0.3862 = 0.7724 BTC [-]
assbot: [HAVELOCK] [VTX] 9 @ 0.3862 = 3.4758 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.3862 = 3.862 BTC [-]
assbot: [HAVELOCK] [VTX] 51 @ 0.3862 = 19.6962 BTC [-]
tiberiusiv: especially with people now accepting BTC for a house
assbot: [HAVELOCK] [SDICE] 1 @ 0.44999999 BTC [+]
assbot: [HAVELOCK] [VTX] 7 @ 0.3862 = 2.7034 BTC [-]
assbot: [HAVELOCK] [VTX] 152 @ 0.3862 = 58.7024 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3862 = 0.7724 BTC [-]
assbot: [MPEX] [S.MPOE] 7400 @ 0.00070629 = 5.2265 BTC [-]
assbot: [MPEX] [S.MPOE] 3050 @ 0.0007046 = 2.149 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.3862 = 1.931 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.3862 = 1.931 BTC [-]
assbot: [HAVELOCK] [VTX] 100 @ 0.3862 = 38.62 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.3862 BTC [-]
assbot: [HAVELOCK] [VTX] 25 @ 0.3862 = 9.655 BTC [-]
assbot: [HAVELOCK] [VTX] 18 @ 0.3862 = 6.9516 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.3857 = 1.1571 BTC [-]
assbot: [MPEX] [S.MPOE] 4400 @ 0.00071498 = 3.1459 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.00320004 = 0.32 BTC [-]
assbot: [MPEX] [S.DICE] 618 @ 0.00320003 = 1.9776 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.3857 BTC [-]
assbot: [HAVELOCK] [VTX] 13 @ 0.3857 = 5.0141 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3857 = 0.7714 BTC [-]
assbot: [HAVELOCK] [VTX] 30 @ 0.3857 = 11.571 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.3857 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3857 = 0.7714 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.3857 = 1.1571 BTC [-]
gribble: Current Blocks: 227224 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 583 blocks | Next Difficulty In About: 2 days, 15 hours, 53 minutes, and 25 seconds | Next Difficulty Estimate: 6402126.77703 | Estimated Percent Change: 32.06668
dub: may need to keep records of shareholders in an illegal currency mining operation, for legal reasons
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.85 = 1.7 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.833001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 11 @ 0.833 = 9.163 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8325 = 1.665 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.83211 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.8321 = 4.9926 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 18 @ 0.832 = 14.976 BTC [-]
assbot: [HAVELOCK] [VTX] 11 @ 0.3857 = 4.2427 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.3857 = 3.857 BTC [-]
assbot: [HAVELOCK] [VTX] 13 @ 0.3857 = 5.0141 BTC [-]
assbot: [HAVELOCK] [VTX] 125 @ 0.3857 = 48.2125 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.3857 = 1.9285 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.3857 = 1.9285 BTC [-]
assbot: [HAVELOCK] [VTX] 25 @ 0.3857 = 9.6425 BTC [-]
gribble: Next difficulty estimate | 6398438.35799 based on data since last change | 7251846.01035 based on data for last three days
assbot: [BTCTC] [GSDPT] 100 @ 0.0045 = 0.45 BTC [+]
assbot: [HAVELOCK] [VTX] 26 @ 0.386 = 10.036 BTC [+]
assbot: [HAVELOCK] [VTX] 50 @ 0.386 = 19.3 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.14 BTC [-]
gribble: BTCUSD ticker | Best bid: 72.56962, Best ask: 72.97003, Bid-ask spread: 0.40041, Last trade: 72.56962, 24 hour volume: 96840.08022444, 24 hour low: 63.00000, 24 hour high: 74.90000, 24 hour vwap: 68.35320
kakobrekla: are you going to be repeating that all the way to 100k per?
assbot: [HAVELOCK] [VTX] 1 @ 0.386 BTC [+]
dub: low thresholds for CRASH! RALLY! TANKING! plox
assbot: [HAVELOCK] [SDICE] 1 @ 0.44899 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.9999999 BTC [-]
mod6: 12798 blocks remaning ... 81 days behind.
assbot: [HAVELOCK] [SDICE] 25 @ 0.448 = 11.2 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.3862 = 1.1586 BTC [+]
assbot: [HAVELOCK] [VTX] 70 @ 0.3862 = 27.034 BTC [+]
assbot: [MPEX] [S.MPOE] 6624 @ 0.00071498 = 4.736 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.44899 = 2.6939 BTC [+]
ThickAsThieves: is there any precedent for holding an exchange culpable for a delay in transaction or deposit action that results in a loss of opporunity to buy at a lower price?
assbot: [HAVELOCK] [SDICE] 2 @ 0.44899989 = 0.898 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4489999 = 1.347 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.3862 = 1.5448 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.449 = 1.347 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.45 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.3862 = 7.724 BTC [+]
gribble: Error: "thicker" is not a valid command.
jurov: ThickAsThieves, only precedent so far was smearing them all over btctalk and reddit, sadly
gribble: Error: Failure to retrieve ticker. Try again later.
jurov: lol, like only goxlag stays working from their whole api
assbot: [HAVELOCK] [VTX] 2 @ 0.386 = 0.772 BTC [-]
rikur: I was about to buy VTX, but I don't want to buy it with BTC when the company is anchored to CAD.
rikur: so if BTC goes up by 10x, I will not benefit from it to the full extent.
ThickAsThieves: thats a good point, among a pile of other reasons the asset is questionable
jurov: yea but buying it by btc/cad has little to do with it
assbot: [HAVELOCK] [VTX] 20 @ 0.386 = 7.72 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00486 BTC [+]
assbot: [HAVELOCK] [SDICE] 22 @ 0.449 = 9.878 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4489999 = 0.898 BTC [-]
rikur: jurov: I just can't see a reason to anchor the value in CAD. Might be easier in regulatory terms, but I don't think I want to invest in anything based on fiat. :)
tiberiusiv: theres only 3 viable bitcoin companies at the moment
jurov: rikur, how it is anchored to CAD? only IPO amount or is there more long lastin anchor?
assbot: [MPEX] [S.MPOE] 1936 @ 0.00071498 = 1.3842 BTC [+]
assbot: [MPEX] [S.MPOE] 16700 @ 0.00071661 = 11.9674 BTC [+]
assbot: [MPEX] [S.MPOE] 364 @ 0.0007234 = 0.2633 BTC [+]
jurov: but it is already valued in BTC.. at least on havelock website
jurov: but that what i'm asking, how?
assbot: [HAVELOCK] [VTX] 23 @ 0.386 = 8.878 BTC [-]
jurov: so only the ipo price is cad, then? after ipo it will float freely against both cad and btc, no?
rikur: jurov: hmm. Maybe the video was a bit misleading.. but it's weird and flawed.
rikur: will my stock valuation go down if BTC goes up or not?
rikur: maybe I should call the guy and ask
ThickAsThieves: but odds are it will go down in btc value if btc price goes up
jurov: but that's true for any other asset that has some fiat-world operation, no?
assbot: [HAVELOCK] [VTX] 2 @ 0.386 = 0.772 BTC [-]
jurov: like ziggp, bitpride, esecurity,...
rikur: meh.. the CAD valuation still bugs me off. I will give it some more thought.
kakobrekla: listening to that jewtube vid is like listening to some insta infinity money scam vid
ThickAsThieves: what i dont understand is, why are so many people buying so much of it
jurov: perhaps canadian pride
tiberiusiv: rikur is the income derived in BTC or CAD?
assbot: [HAVELOCK] [HIM] 1 @ 1.85560001 BTC [-]
ThickAsThieves: but i do like how thy took more time than some to prepare their documents and a vid
tiberiusiv: it doesnt matter what the stock is *valued* in
assbot: [HAVELOCK] [VTX] 13 @ 0.3866 = 5.0258 BTC [+]
tiberiusiv: what matters is the income it recievers
benkay: what's the news, friends?
rikur: tiberiusiv: I have absolutely no diea, since they will actually register you as a real shareholder of the canadian company (if you want).
rikur: and even that extra if is weird.
rikur: I don't think that a hybrid model between BTC and fiat works.
tiberiusiv: that means hes paying canadian income tax
tiberiusiv: explains why he has to do accounting in cad dollars
rikur: Basically, the guy here is hoping to get 100 000 CAD worth of bitcoins, give you the CAD equilevant of his company to you and keep the bitcoins
assbot: [HAVELOCK] [HIM] 1 @ 1.8556 BTC [-]
assbot: [HAVELOCK] [HIM] 2 @ 1.855 = 3.71 BTC [-]
mod6: yeah thats not gonna end well
ThickAsThieves: but if they cant make a profit with the revenue they have so far
rikur: well with their volumes and 3% exchange fee, they should be able to cover the costs without it :)
rikur: why would you ever do an IPO unless you have to?
jurov: why not? free money
assbot: [HAVELOCK] [VTX] 12 @ 0.3866 = 4.6392 BTC [+]
assbot: [HAVELOCK] [VTX] 19 @ 0.3866 = 7.3454 BTC [+]
benkay: what does it mean in bitcoin world, thickasthieves?
jurov: benkay, free money as i said
smickles: free money to most of glbse assets
assbot: [HAVELOCK] [VTX] 12 @ 0.3866 = 4.6392 BTC [+]
assbot: [HAVELOCK] [VTX] 12 @ 0.3866 = 4.6392 BTC [+]
smickles: >95% of those turned out as outright scams
smickles: now we have a half dozen glbse clones
assbot: [HAVELOCK] [HIM] 1 @ 1.855 BTC [-]
Namworld: But others staff complained about the tiles background.
Namworld: You prefer with the white background like it is now or the old one?
jurov: Investors show 404
assbot: [HAVELOCK] [VTX] 3 @ 0.3866 = 1.1598 BTC [+]
Namworld: I know. I need to add that page
benkay: once again testing production in public
assbot: [HAVELOCK] [VTX] 4 @ 0.3866 = 1.5464 BTC [+]
ThickAsThieves: i'm paying Rackspace like $450/mo right now, seems overpriced...
jurov: and the terms of use still lie that "Users with excessive CPU usage will be notified before any action is taken."
assbot: [HAVELOCK] [SDICE] 3 @ 0.449 = 1.347 BTC [+]
ThickAsThieves: oh this is the same service that fumbled your ddos day
assbot: [HAVELOCK] [VTX] 1 @ 0.3866 BTC [+]
smickles: i thought i got ddosed once, turns out that someone actually visited my site
jurov: smickles, the blog?
smickles: jurov: heh, yeah. ofc, i'm just kidding around
Namworld: A ban on DDoS is not about CPU. It's bandwidth saturating.
smickles: i've got the mpex gui sales setup there too
Namworld: Yeah, we have a managed option
Namworld: moment, still making fixes for the switchover
jurov: lmao www.quickbitcoins.net linked from "News" testimony doesn't load
smickles: wait, so a biological male is fighting women for money?
jurov: so typical for bitvps
jurov: Namworld, can I add my testimony, too?
assbot: [MPEX] [S.MPOE] 13036 @ 0.0007234 = 9.4302 BTC [+]
dub: ThickAsThieves: thats not cricket!
dub: getting to beat up on chicks just because you had your manbits chopped off
ThickAsThieves: its actually a pretty awesome test for where the line is on feminism and gender equality
ThickAsThieves: are women willing to concede that men are simply more powerful to stop this?
assbot: [HAVELOCK] [VTX] 6 @ 0.3921 = 2.3526 BTC [+]
dub: they don't concded this already?
ThickAsThieves: and i'm sure it would make many women cringe to say so
jurov: poor namworld. i feel sorry now :(
assbot: [HAVELOCK] [VTX] 97 @ 0.3921 = 38.0337 BTC [+]
Namworld: yeah, quickbitcoins.net is no longer around
assbot: [HAVELOCK] [VTX] 1 @ 0.3839 BTC [-]
jurov: put in satoshidice comment to the bloomberg nonsense
ThickAsThieves: it reads like an essay that was turned in late by a 10th grader
benkay_: that's all american print media can afford
benkay_: did you grok the atlantic kerfuffle recently?
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.108999 = 0.327 BTC [-]
benkay_: some jr editor wanted to pay an author 100 bucks for a rewrite of a rather lengthy piece
assbot: [BTCTC] [BTC-BOND] 13 @ 0.0099 = 0.1287 BTC [+]
assbot: [HAVELOCK] [VTX] 9 @ 0.3839 = 3.4551 BTC [-]
gribble: Error: Failure to retrieve ticker. Try again later.
assbot: [MPEX] [S.MPOE] 2964 @ 0.00072379 = 2.1453 BTC [+]
assbot: [MPEX] [S.MPOE] 10786 @ 0.00072101 = 7.7768 BTC [-]
gribble: Error: Failure to retrieve ticker. Try again later.
tiberiusiv: anyone think the recent price climb will end badly
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858 BTC [+]
benkay: but "badly" is subjective.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858 BTC [+]
assbot: [HAVELOCK] [VTX] 26 @ 0.3828 = 9.9528 BTC [-]
Troic: cheap floor, china ?
Bowjob: i got a boner off of it. 4 avalons
tiberiusiv: moving on up from 3rd world to 1st with those 4 devices
Bowjob: there was no option to upgrade to 4 modules for batch, if they charge 22 BTC for one module, then f that
error4733: ok that why i had those numbers in head
tiberiusiv: even with the current price bitcoin liquidity has not substantially improved
tiberiusiv: still huge slippage trying to sell larger ammounts
error4733: ok so you tell me this guy, make 2K$ day ?
assbot: [HAVELOCK] [VTX] 5 @ 0.3828 = 1.914 BTC [-]
Bowjob: depending on btc price increase, even more
error4733: true picture 100% ? can do the same box in one week
Bowjob: what ever happened to ianbakewell
Bowjob: he was 600 BTC short at 34.50
assbot: [HAVELOCK] [VTX] 10 @ 0.3856 = 3.856 BTC [+]
Bowjob: hasnt been online since march 4th
Bowjob: he missed 2 payments already
Bowjob: his 3rd payment is due tomorrow
assbot: [HAVELOCK] [VTX] 25 @ 0.3856 = 9.64 BTC [+]
Bowjob: i dont know if he's been paying or not.. but
Bowjob: that short must hurt like a bitch
tiberiusiv: I should have no problem repaying this as long as BTC stays bellow $41.66 ... if it goes above we would need to work something out for a bit more time to repay.
kakobrekla: Last Active: March 04, 2013, 04:01:41 PM
smickles: is this yet another guy who risked more than he had to lose?
tiberiusiv: man these losers borrow BTC to sell for fiat to pay credit cards and shit
tiberiusiv: i dont get why people are loaning BTC, to users who cannot even manage fiat debts
Bowjob: looks like he hasn't paid yet either
Bowjob: Yeah, loaning is very risky
Bowjob: I have 3 BTC lent out currently
assbot: [BTCTC] [PAJKA.BOND] 7 @ 0.108999 = 0.763 BTC [-]
Bowjob: i pick my loaners very carefully, and just small amounts
smickles: ouch, sucks to be that aesop dood
tiberiusiv: why would you lend to people who dont have BTC based incomes?
tiberiusiv: right now there is maybe 0.1% of bitcoiners who have the capability to repay
assbot: [HAVELOCK] [VTX] 2 @ 0.3856 = 0.7712 BTC [+]
Bowjob: I posted a bet that ianbakewell is gonna scam
tiberiusiv: how can someone offer 3% a week on btc without having the income to pay
smickles: maybe it just needed to be rephrased
tiberiusiv: his real interest rate is around 300% a week
gribble: Error: Failure to retrieve ticker. Try again later.
tiberiusiv: amazing how people never question that
tiberiusiv: then wonder why the present financial system is bankrupt
gribble: Error: Failure to retrieve ticker. Try again later.
smickles: tiberiusiv: in many parts of the us, if you charge over x% annual (ie 10%) the debtor only has to pay back at the x% rate
smickles: some places they can sue you and not have to pay back at all
tiberiusiv: the thing is how do people expect someone to repay something extremely scarce and difficult to obtain
tiberiusiv: if you have to borrow you should borrow USD
smickles: you should always borrow known inflationary things
assbot: [HAVELOCK] [VTX] 50 @ 0.3856 = 19.28 BTC [+]
tiberiusiv: most of the bitcoin borrowers are such deadbeats that they cannot even obtain fiat credit, yetpeople are willing to loan them BTC?
tiberiusiv: why wouldnt that joker just borrow off his credit card to buy the 300 BTC he needed
benkay: that's an excellent idea
Bowjob: well theres this kid who borrowed .7 btc
smickles: it's cheaper than borrowing btc
tiberiusiv: borrowing off the CC is much better then borrowing BTC
tiberiusiv: smickles: the real rate of interest on BTC this week is like 300%
Bowjob: I weep for those 600 BTC
tiberiusiv: if you cannot obtain fiat credit in a 0% interest rate world you have to be an utter deadbeat
tiberiusiv: why arent btc creditors asking themselves that?
smickles: tiberiusiv: looks more like 465%
Bowjob: There was this dude willing to lend this kid 100 BTC
Bowjob: if he got other investors
tiberiusiv: bitcoin has no mechanism(inflation) to bail out debtors
tiberiusiv: so loans have to be very carefully analyzed
smickles: you gotta figure a rate of deflation and tac that on to the charged interest
tiberiusiv: as i said earlier, less then 0.1% of the bitcoin users qualify for BTC loans as first you need a BTC derived income
tiberiusiv: meaning at the moment worthy borrowers are either miners, or those running btc gambling sites
smickles: but i'm not looking to borrow btc
assbot: [HAVELOCK] [VTX] 50 @ 0.3856 = 19.28 BTC [+]
tiberiusiv: the benefit to bitcoin is it eliminates idiots from holding them
Namworld: yeah, but that's USD/hour derivated.
smickles: Namworld: i suppose most of it is
tiberiusiv: no you have the legit investors, scammers and legit business
tiberiusiv: the idiot component is too broke to participate
tiberiusiv: overtime bitcoin related scams will decrease substantially
smickles: ;;calc 130590.75406879/1000000000
tiberiusiv: and the scammed coins will be sold to real users(spent) or invested into btc business's
assbot: The eagle never lost so much time as when he submitted to learn from the crow.
assbot: Last trade for S.MPOE on MPEX was at 0.00072101 BTC [-]
gribble: Error: Failure to retrieve ticker. Try again later.
Bowjob: what happened to the ticker
smickles: i haven't seen a mtgox usd trade go by in a while
assbot: [HAVELOCK] [KCIM] 1 @ 1.001 BTC [-]
smickles: and my bot can't read the mtgox depth for usd
smickles: no mtgoxusd trades in the past hour or so according to amphipod
assbot: [HAVELOCK] [VTX] 4 @ 0.3855 = 1.542 BTC [-]
smickles: tiberiusiv: gox still does > 80% of the public btc/fiat trade
smickles: it's significant if they arn't trading
smickles: or arn't trading usd, in this case
tiberiusiv: by the end of 2013 i bet you gox USD trade is in the 50's
assbot: [HAVELOCK] [VTX] 21 @ 0.3923 = 8.2383 BTC [+]
tiberiusiv: by 2014 i would be surprised if gox did over 50% of fiat trade
smickles: hmm, well that 62% is still around 10x their nearest competitor
tiberiusiv: smickles they have been bleeding market share since 2011
assbot: [HAVELOCK] [VTX] 1 @ 0.3923 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 40 @ 0.108999 = 4.36 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 126 @ 0.109 = 13.734 BTC [+]
benkay: someone is hoping that bringing gox ops to america will make things work more smoothyl
smickles: exactly, and haven't moved for a while
tiberiusiv: benkay: the US is still the center of the world
smickles: bitcoincharts shows no trades since the new day on their chart
jcpham: smickles said stabilized
assbot: [HAVELOCK] [VTX] 13 @ 0.3923 = 5.0999 BTC [+]
jcpham: reminds me of pirate interest
benkay: tiberiusiv: you're probably familiar with what happens to centers of the world when their currecies blow up
tiberiusiv: benkay: considering the majority of dollars are outside of the US the losses occur to creditors
assbot: [HAVELOCK] [SDICE] 3 @ 0.4848 = 1.4544 BTC [+]
smickles: 70.85 and unchanged in 10 minutes
benkay: what are the other exchanges doing right now?
smickles: 23:27 <+amphipod> Mar21 23:27:38 bc 0.1689 @ 58.50 EUR
smickles: 23:28 <+amphipod> Mar21 23:27:51 mtgox 0.1000 @ 56.79214 EUR
smickles: 23:28 <+amphipod> Mar21 23:28:11 btc24 x3 7.1900 @ 57.00 EUR
ThickAsThieves: that suggested bid feature they have is kinda fucked up
assbot: [HAVELOCK] [VTX] 2 @ 0.3923 = 0.7846 BTC [+]
assbot: [HAVELOCK] [VTX] 202 @ 0.3923 = 79.2446 BTC [+]
smickles: maybe they tried to go live with the coinlab thing at midnight utc
assbot: [BTCTC] [B.YABMC] 1 @ 0.016 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01591 BTC [-]
assbot: [BTCTC] [B.YABMC] 10 @ 0.0155 = 0.155 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.015 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.014 BTC [-]
benkay: what precisely is this weirdness?
smickles: lol, a whole bunch of 70.85 trades went thru
smickles: ThickAsThieves: i have no clue, just weirdness today
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00401 BTC [-]
ThickAsThieves: thats what happens when gox tells all buyers that rate is 70.85
assbot: [HAVELOCK] [VTX] 12 @ 0.395 = 4.74 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4848 = 0.9696 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.48489999 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.485 = 1.94 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.0042 BTC [-]
assbot: [HAVELOCK] [VTX] 50 @ 0.395 = 19.75 BTC [+]
assbot: [HAVELOCK] [VTX] 15 @ 0.395 = 5.925 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.395 = 1.185 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.395 = 1.58 BTC [+]
dub: ThickAsThieves: your proposal makes too much sense
benkay: so someone just gave me this raspberry pi, and if I weren't actually busy with things, I'd set up a mining company called "MINIMINER"
benkay: mimic all the scam copy
dub: thow in some spelling/grammar fuckups
Bowjob: so its pegged to the dollar then
dub: thats not a spelling error btw thats lag
jurov: btc/cad SPOT price?
jurov: that would be insane
Bowjob: still figuring out if they are worth 3 million dollars
Bowjob: coinlab is going to the us, they mentioned canada..
assbot: [HAVELOCK] [VTX] 57 @ 0.395 = 22.515 BTC [+]
Bowjob: mhm, people seem to buy it
ThickAsThieves: they are super slow in updating their price on the ltcglobal version
assbot: [HAVELOCK] [VTX] 1 @ 0.4084 BTC [+]
fulluser20: anything i can trade with only 0.02 btc
Bowjob: i can trade you some tf2 hats
assbot: [HAVELOCK] [VTX] 4 @ 0.4084 = 1.6336 BTC [+]
Bowjob: litecoins are pretty much back to where it was
Bowjob: slightly above before the great flash rally
assbot: [HAVELOCK] [VTX] 3 @ 0.4084 = 1.2252 BTC [+]
assbot: [HAVELOCK] [VTX] 500 @ 0.4084 = 204.2 BTC [+]
Bowjob: you can get them via drop, but you can sell them for paypal stuffs
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.85887 BTC [+]
Bowjob: you can be the king of TF2 if you have the burnign team captain hat, worth about $3 grand
Bowjob: and yes, people pay real money for hats
assbot: [HAVELOCK] [VTX] 3 @ 0.4084 = 1.2252 BTC [+]
fulluser20: I´ll be better modeling something for second life
Bowjob: the top hat maker makes about 500k a year
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1099 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.4013 BTC [-]
Bowjob: I know who bought the avalon for 20k
assbot: [HAVELOCK] [VTX] 4 @ 0.4013 = 1.6052 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.4013 = 1.2039 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.4013 = 1.2039 BTC [-]
gribble: BTCUSD ticker | Best bid: 70.90000, Best ask: 70.90001, Bid-ask spread: 0.00001, Last trade: 70.90001, 24 hour volume: 92929.72727128, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.25416
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.85887 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.4013 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.4074 = 0.8148 BTC [+]
mod6: lol 71 days to go...
assbot: [HAVELOCK:VTX] 1D: 0.38280000 / 0.39073395 / 0.43320000 (5939 shares, 2320.56890000 BTC), 7D: 0.38280000 / 0.39183944 / 0.46140000 (6063 shares, 2375.72250000 BTC), 30D: 0.38280000 / 0.39183944 / 0.46140000 (6063 shares, 2375.72250000 BTC)
assbot: [HAVELOCK] [VTX] 535 @ 0.4074 = 217.959 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.4074 BTC [+]
assbot: [HAVELOCK] [VTX] 181 @ 0.4074 = 73.7394 BTC [+]
assbot: [HAVELOCK] [VTX] 25 @ 0.4013 = 10.0325 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16 BTC [+]
assbot: [HAVELOCK] [VTX] 200 @ 0.4013 = 80.26 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.4013 = 4.013 BTC [-]
Namworld: There's plenty of money for VTX
assbot: [HAVELOCK] [VTX] 7 @ 0.4013 = 2.8091 BTC [-]
assbot: I don't know those people, and they don't look very friendly.
assbot: [HAVELOCK:VTX] 1D: 0.38280000 / 0.39283695 / 0.43320000 (6898 shares, 2709.78930000 BTC), 7D: 0.38280000 / 0.39375433 / 0.46140000 (7022 shares, 2764.94290000 BTC), 30D: 0.38280000 / 0.39375433 / 0.46140000 (7022 shares, 2764.94290000 BTC)
assbot: [BTCT:ASICMINER-PT] 1D: 0.832 / 0.87807 / 0.93 (269 shares, 236.2 BTC), 7D: 0.769995 / 0.85241 / 0.9489 (1434 shares, 1222.4 BTC), 30D: 0.65 / 0.76435 / 1 (3497 shares, 2672.9 BTC)
mircea_popescu: cavirtex got more in a day than asicmienr in two weeks.
assbot: [BTCTC] [ASICMINER-PT] 12 @ 0.85887 = 10.3064 BTC [+]
Namworld: all havelockinvestments.com funds are blown...
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.85888 = 2.5766 BTC [+]
Namworld: idk why but maybe Canadians just don't know about anything else that that one.
assbot: [HAVELOCK] [VTX] 30 @ 0.3987 = 11.961 BTC [-]
Namworld: and don't know about the risks involved.
mircea_popescu: i mean, they wanted 300k got about half of it so far ?
Namworld: more than that. Like 7/10th of it
unbalanced: Namworld: what are the other fund/investment options for those of us who aren't on mpex directly?
Namworld: Although the quality choices are more limited
unbalanced: Thanks, I just can't keep up with all the developments and keep my day job.
unbalanced: What's this bitfinex I heard earlier today a few times?
unbalanced: Googled it, just saw a gaming hardware builder
mircea_popescu: unbalanced there's mpex pass-through vehicles pretty much on all three
mircea_popescu: also jurov runs a broker website (coinbr.com) and i think he's doing something with futures too
assbot: [HAVELOCK] [VTX] 22 @ 0.4027 = 8.8594 BTC [+]
unbalanced: I was pleased to find SDICE via Havelock and haven't looked much past that.
unbalanced: Ah... so MPOE-PR seriously isn't you with a girl's picture?
unbalanced: Or are we not allowed to ask that? "Pay no attention to the man behind the curtain!"
unbalanced: (Someone will do a lexical analysis someday.)
dub: I think its a bit of both
dub: theres a girl driving the account, sometimes she gets scripts or at least dictation
unbalanced: Listen I should warn you all I put some serious (for me) money into Bitcoin today after not holding nearly enough during the run-up.
unbalanced: So, yeah. That was officially the top.
mircea_popescu: dub she's pr, obviously she dioesn;'t compose her own poetry over there.
dub: at least in my opinion, some of the rants take on a scary level of MP semblance
unbalanced: Okay so coinbr gets me access to some of the MPEx features I wouldn't get yet with Havelock. Roger.
dub: and reduced risk of avoiding passthroughs
mircea_popescu: actually most of her job consists on reading, selecting and summarizing the nonsense people post there.
unbalanced: My favourite in the FAQ is #10: "You know those charts without any indication of scale ? That's not how charts work."
unbalanced: *That's* where I've seen coinbr.com before... for its charts. Didn't grok that it was also a service.
assbot: [HAVELOCK] [VTX] 2 @ 0.4027 = 0.8054 BTC [+]
assbot: [HAVELOCK] [VTX] 248 @ 0.4027 = 99.8696 BTC [+]
unbalanced: Maybe a darker body font if you go with that grid-y background. Or did I misunderstand vote?
Namworld: actually, just tile vs no tiles for background. So far seems people liked tiles more but just checking further.
Namworld: Rest of the staff doesn't agree with the tiles
gribble: BTCUSD ticker | Best bid: 72.00001, Best ask: 72.05000, Bid-ask spread: 0.04999, Last trade: 72.05000, 24 hour volume: 93837.20934717, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.38534
smickles: i should hire someone to troll the forum and report its activity back to me too
unbalanced: I like tiles but small body font is too close a shade to them. IMO
Namworld: I'll add some background container for the text
unbalanced: But the all-white bg beats the one with a container for the next.
unbalanced: mircea_popsecu: see above, I bought in. Kiss of death.
Bowjob: bitcoin such a fail investment
Bowjob: brb, moving to ixcoins
smickles: mircea_popescu: mtgox cooled things off by stopping usd trades for ~10 min following midnight utc
smickles: yeah, for that time it showed last: 70.85
smickles: gribble's ticker didn't work b/c it used the
http api ticker which was offline
smickles: and only non usd trades were being made
smickles: my bot couldn't even fetch the market depth for usd
assbot: [HAVELOCK] [VTX] 10 @ 0.4027 = 4.027 BTC [+]
dub: any big trades prior?
smickles: it happened to the second on midnight
the-bucket-shop: I came in mid conversation - does someone need someone to set up a vote on bitcointalk about whether to add a tile background to mpex.co? In addition to the cherries?
smickles: my wild guess what it was a botched switch over to coinwho
smickles: realtime polls, all animated and such
unbalanced: mircea_popescu: thanks for the FAQ link btw... I'd already read it, but I'll have to take a vacation to implement and the now-$2100 equiv for a seat is out of my budget range. I was too late to the party so I'll have to stick with the passthroughs.
unbalanced: mucho respect for what y'all have built though. I feel smarter just trying to read up on this channel.
unbalanced: I could do without the nastier porn links, but hey, that's just me.
unbalanced: smickles: is @dandirks, the strawpoll guy, a bitcoiner?
assbot: [HAVELOCK] [VTX] 100 @ 0.4027 = 40.27 BTC [+]
smickles: unbalanced: i don't have any idea
assbot: [HAVELOCK] [VTX] 7 @ 0.4027 = 2.8189 BTC [+]
smickles: i just know of the site from other people using it
dub: whats a fair markup for otc bitcoin?
unbalanced: And just a coincidence then -- I do some polling stuff and we work in node.js and we built something like that. That's what I'm talking about, you brainiacs knock something out in a weekend and I can't get a project launched in a year.
smickles: dub: depends on the method of transmission
assbot: [HAVELOCK] [VTX] 100 @ 0.4027 = 40.27 BTC [+]
Namworld: I did that somewhere when Bitcoin price started getting volatile. I use it to wake me up when price goes past my set threshold.
smickles: i'd only give travel consideration to the markup on face to face cash
unbalanced: mircea_popescu, I read your stuff (er, MPOE-PR's) about "you're not exceptional, get over yourself" or somesuch. Brilliant... and I had to agree. I'd come to that realization already tho.
dub: cause they will ask what my end is and think its wierd there isnt one
mircea_popescu: this bitcoin surge is pretty cool in that it drives people back to btc. this person invested in mpoe on the first round (feb 2012)
mircea_popescu: then made a mpex acct back then, had shares transfgerred there
mircea_popescu: i'm like sure... all the many thousand dollars' worth of it
mircea_popescu: smickles it'd be shit tho casue it'd mix across opex lines i think
dub: I guess .5 or 1% would be ok
smickles: i feel it'd be an indicator of how well mpoebot is doing
mircea_popescu: smickles if you think about it, 1 week oix is across lines for 12 days out of 30
smickles: bah, i only want it for this in the last week
smickles: otherwise, the 7day is just fine
mpexbot: smickles: 1 day: no data 7 day: average: 55.42906834 high: 57.60574549 low: 51.19305144 volume: 14257 btc: 1202.67534357 30 day: no data
smickles: that implies that there's a lot of getting fucked about to happen if the price holds
mircea_popescu: if someone bought calls when the price was 40 implying 50 they're golden
smickles: aw, that's no fun, and should reread how that's calculated
assbot: [HAVELOCK] [VTX] 22 @ 0.3987 = 8.7714 BTC [-]
assbot: [HAVELOCK] [VTX] 4 @ 0.3987 = 1.5948 BTC [-]
assbot: [HAVELOCK] [VTX] 50 @ 0.3987 = 19.935 BTC [-]
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
assbot: !last <exchange> <ticker> (desc: returns last price value, supported: MPEX, HAVELOCK, BTCTCO) {short: !l}
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !rules <nick/chan> (desc: chan guidelines) {short: !r}
assbot: !exchanges <nick/chan> (desc: lists exchanges and brokers) {short: !e}
assbot: [HAVELOCK] [VTX] 200 @ 0.3987 = 79.74 BTC [-]
assbot: [HAVELOCK] [VTX] 50 @ 0.3987 = 19.935 BTC [-]
assbot: Are you sure you have no tobacco?
assbot: [HAVELOCK] [VTX] 8 @ 0.3987 = 3.1896 BTC [-]
assbot: Last trade for S.MPOE on MPEX was at 0.00072101 BTC [-]
mod6: mircea_popescu: yeah
assbot: [HAVELOCK] [SDICE] 4 @ 0.445 = 1.78 BTC [-]
mod6: smickles: i've always had a special place in my heart for anyone who sports that bumper sticker
mod6: don't see it very often, but when I do, i smile :)
smickles: this is the first i've seen it
mod6: oh its an oldie but goodie
mod6: and pretty rare to see. gotta love it.
dub: you'll find it right next to a confederate flag sticker
dub: the driver will be chewing tobacco
mod6: those people are nitwits
smickles: maybe you'll see hoffman's 'steal this book' above it in the window
smickles: or mitnicks 'the art of deception'
smickles: naw, he's just a yankee carpet-bagger
dub: leftie, greenie, nigger.. choose your favorite reason to hate
smickles: oh, i get it, dub is al rhoker
gribble: BTCUSD ticker | Best bid: 72.31111, Best ask: 72.40795, Bid-ask spread: 0.09684, Last trade: 72.50000, 24 hour volume: 92454.90765557, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.55651
gribble: BTCUSD ticker | Best bid: 72.31111, Best ask: 72.40795, Bid-ask spread: 0.09684, Last trade: 72.50000, 24 hour volume: 92454.90765557, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.55651
Bowjob: hyper inflation is happening
Bowjob: fuck i dont know whats next after trillion
mircea_popescu: anyway, am i the only one amused at the circumstance that the silly left has vanquished all hatespeech, they don't hate niggers, spics or spans anymore
mod6: haha, yeah the left used to be the ones with the white hoods on
mod6: the old-south democrats
Namworld: Is it me or everyone are sociopaths nowadays?
mod6: dixie-crats or whatever
mircea_popescu: that's the great progrss here : by detaching nigger-ness from skin color, slovenly-sluttyness from cuntal lips and everything from everything else
assbot: [HAVELOCK] [VTX] 2 @ 0.3987 = 0.7974 BTC [-]
mircea_popescu: and live under the impression that while you walk the earth with the retarded brain of the spanish faithful cca 1500
assbot: [HAVELOCK] [VTX] 50 @ 0.3987 = 19.935 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3987 = 0.7974 BTC [-]
mod6: (19:46) < smickles> mircea_popescu: and smokers << this is ironic as obama is a smoker
dub: dammit people wanting me to be useful on a firday
dub: so yeah; left, green, black and according to some silly chart linked here the other day, in the 1%
dub: thats gotta put a few 'muricans into therapy rite?
dub: oh and I'm fine with paying >50% tax and geting free healthcare for it
assbot: [HAVELOCK] [VTX] 20 @ 0.3987 = 7.974 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3987 = 0.7974 BTC [-]
dub: the state provides for me, so I provide for them
assbot: [BTCTC] [S.DICE-PT] 16 @ 0.00486 = 0.0778 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 4 @ 0.00486 = 0.0194 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.3976 BTC [-]
assbot: [MPEX] [O.BTCUSD.P510T] 1 @ 0.05328501 BTC [+]
assbot: [HAVELOCK] [VTX] 25 @ 0.3976 = 9.94 BTC [-]
assbot: [HAVELOCK] [VTX] 8 @ 0.3976 = 3.1808 BTC [-]
dub: has to be reptilian manipulation
gribble: There are currently 20145.971 bitcoins demanded at or over 60.0 USD, worth 1315049.984 USD in total. | Data vintage: 74.7298 seconds
assbot: [HAVELOCK] [VTX] 75 @ 0.3976 = 29.82 BTC [-]
gribble: There are currently 17615.611 bitcoins offered at or under 75.0 USD, worth 1308515.06392 USD in total. | Data vintage: 95.0453 seconds
kakobrekla: you can judge by the sound if you knock on it
mod6: (19:58) < dub> because tax is good << trolololo?
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35497416 = 354.9742 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.137451 = 0.2749 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 998 @ 0.16907668 = 168.7385 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35516019 = 355.1602 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.3914 = 0.7828 BTC [-]
dub: mod6: I recognise the need for governance over human society and an happy to support it
dub: we're just too shit as individuals to make it work
assbot: [HAVELOCK] [VTX] 2 @ 0.3914 = 0.7828 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.3914 BTC [-]
smickles: hmm, what does it mean if gov't is made up of individuals?
assbot: [HAVELOCK] [SDICE] 4 @ 0.44000002 = 1.76 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.44000001 = 3.96 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.44 = 3.08 BTC [-]
dub: its hopefully not, they act under rules decided by majority
dub: yeah or democracy, whatever you want to call it
benkay: how exactly is goxlag calculated?
smickles: are there any democracies in the world
smickles: i was under the impression that most 'democracies' are actually republics
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35534611 = 355.3461 BTC [+]
dub: the method of governance is what im interested in, not an arbitrary label but I think no?
assbot: [MPEX:S.MPOE] 1D: 0.00069171 / 0.0007234 / 0.00074208 (363544 shares, 262.99 BTC), 7D: 0.00066743 / 0.00072074 / 0.00077505 (3180083 shares, 2,292.02 BTC), 30D: 0.00061614 / 0.00070767 / 0.00078628 (37489099 shares, 26,529.98 BTC)
gribble: BTCUSD ticker | Best bid: 73.40000, Best ask: 73.54000, Bid-ask spread: 0.14000, Last trade: 73.54000, 24 hour volume: 92626.33775863, 24 hour low: 63.10100, 24 hour high: 74.90000, 24 hour vwap: 69.81455
assbot: [HAVELOCK] [VTX] 23 @ 0.3909 = 8.9907 BTC [-]
assbot: [HAVELOCK] [VTX] 25 @ 0.3909 = 9.7725 BTC [-]
assbot: [HAVELOCK] [VTX] 12 @ 0.3909 = 4.6908 BTC [-]
assbot: [HAVELOCK] [VTX] 45 @ 0.3909 = 17.5905 BTC [-]
dub: democracy is when people vote for politicians who in turn vote, in accordance their constituancies wishes, on propsed pieces of legistaltion
mircea_popescu: yeah. and the fate of democracy is for those politicians to observe that they can squander othe people's money.
assbot: [HAVELOCK] [VTX] 35 @ 0.3909 = 13.6815 BTC [-]
assbot: [HAVELOCK] [VTX] 153 @ 0.3909 = 59.8077 BTC [-]
dub: smickles: maybe according to your schooling
smickles: how strange, it also resembles what plato described
mircea_popescu: traditionally the republic is the place where the laws prevail
mircea_popescu: pretty much everyone agrees democracy = disaster, as in, wrose than tyrrany
dub: how do laws get created
mircea_popescu: in the classical republic the laws were "always there". some mystical origin or whatever.
smickles: convince the soldiers they came from the land
mircea_popescu: the idea of a state without the power to legislate is quite appealing, actually. pretty much the onl;y way "the state" can work is if it can make no laws and raise no taxes.
dub: well I guess my outlook is more grounded in reality that whimsical language of philosophy
mircea_popescu: dub another way to say this would be that your outlook is more grounded in fashion and ignorance than literacy.
mod6: it wasn't whimsical to the authors of the constitution and the bill of rights.
dub: well the bill of rights is a bit of a joke
smickles: in the republic, the laws come from the senators
dub: the right to wholesale slaughter each other because you are scared fo the govt you elected
mircea_popescu: smickles is an entire "law of men / law of gods" issue there
assbot: [HAVELOCK] [VTX] 103 @ 0.3909 = 40.2627 BTC [-]
mircea_popescu: but nobody had the authority to ban smoking, or invent pedophilia as an offense
assbot: [HAVELOCK] [VTX] 4 @ 0.3909 = 1.5636 BTC [-]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.38439702 = 384.397 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35562479 = 355.6248 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.41316925 = 413.1693 BTC [+]
smickles: mircea_popescu: the idea was to make the laws in accordance with what the gods wanted, which was decided upon by debate
dub: so in general if you have kids you don't want them getting fucked until they are old enough to decide who they want to fuck
assbot: [HAVELOCK] [HIM] 1 @ 1.99 BTC [+]
mircea_popescu: dub i didn't pick that example by accident. it was pretty much the largest civil issue in greece.
dub: unfortunately there are old people around that would liek to fuck your kids
dub: so in order to protect your kids you propose a law against fucking them
dub: you gather support for this law and if enough people agree it becomes one
mircea_popescu: towards the mid phase they had invented the habit of putting gold on the kid's necks
mircea_popescu: as a show that if you fuck this one his daddy's prolly gonna have your arse.
assbot: [HAVELOCK] [KCIM] 1 @ 1.22 BTC [+]
dub: smickles reminded me of another hilarity of american constitution, that God started it all
assbot: [HAVELOCK] [VTX] 1 @ 0.3914 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.3914 = 7.828 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.3914 = 7.828 BTC [+]
mircea_popescu: what political system is not at some point claiming some metaphysical entrenchment ?
dub: your president talks about god giving you rights regularly, we lock people like this up
dub: because thats crazy talk
assbot: [HAVELOCK] [SDICE] 1 @ 0.46799999 BTC [+]
tiberiusiv: your rights are god given hence natural
tiberiusiv: they do not come from government or other men
mircea_popescu: there's not much difference between claiming god gave you some right or you just have some right or you gave it yourself or whatever else.
dub: politicians here go to great lenghts to disguise any religious leaning as it would be political suicide
mircea_popescu: there's never going to be a "proper" font of rights, and consequently any statement as to their origin is pretty much the same thing.
tiberiusiv: dub first off most people never agree to a law
dub: aside from some marginal bottom feeders
assbot: [HAVELOCK] [VTX] 187 @ 0.3914 = 73.1918 BTC [+]
assbot: [HAVELOCK] [VTX] 25 @ 0.3914 = 9.785 BTC [+]
dub: tiberiusiv: that is not important
Namworld: Well VTX is almost all gone already
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.41325384 = 413.2538 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.38448574 = 384.4857 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35571763 = 355.7176 BTC [+]
mircea_popescu: shame on Namworld trolling us with finance talk in this chan
tiberiusiv: mircea: alot of idiot bitcoiners are dropping out from missallocating their BTCs
tiberiusiv: into unpayable loan schemes, asics etc
Namworld: A little bit. It's from my country so... I though I could support a bit. Not so many canadian bitcoiners yet. But fees on cavirtex are high.
assbot: [HAVELOCK] [VTX] 3 @ 0.3914 = 1.1742 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.3914 = 7.828 BTC [+]
Namworld: I use cavirtex to buy/cash out BTC as needed.
assbot: [HAVELOCK] [VTX] 8 @ 0.3914 = 3.1312 BTC [+]
tiberiusiv: namworld: cavirtex fees are comparable to anywhere else
assbot: [HAVELOCK] [VTX] 12 @ 0.3914 = 4.6968 BTC [+]
assbot: [HAVELOCK] [VTX] 63 @ 0.3914 = 24.6582 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.3914 = 1.1742 BTC [+]
tiberiusiv: namworld: mtgox doesnt let you withdraw with bank drafts, email money, direct deposit
tiberiusiv: cavirtex can give you 30k in under 24hrs
tiberiusiv: cavirtex is extremely fast in cashing out
assbot: [HAVELOCK] [VTX] 71 @ 0.3914 = 27.7894 BTC [+]
mircea_popescu: tiberiusiv in fairness, that's prolly because they're not much used so they don't opverrun their limits
Namworld: With discounts for very large volumes, it works down to as low as 0.5% but you have to trade 2500+ within the last 120 days
tiberiusiv: mircea: there are no capital limits in canada
mircea_popescu: that'll have to be verified in practice before i take it too seriously.
mircea_popescu: back when they were just bleeding market share it seemed like it's temporary
tiberiusiv: mircea: canadian regulators tend to be 40 years behind anything
mircea_popescu: but by now sealed deal. so probably the top 5 or top 10 stand to gain nicely.
tiberiusiv: you realize canada is like the financial crime center of the world
assbot: [HAVELOCK] [VTX] 7 @ 0.3914 = 2.7398 BTC [+]
mod6: i thought it was London
Namworld: I think Russia beats Canada, yeah
tiberiusiv: 100mil ponzi scheme is like 3 years prison in canada
assbot: [HAVELOCK] [VTX] 3 @ 0.3914 = 1.1742 BTC [+]
smickles: What's like making love in a canoe?
mod6: usa used to be like that
mod6: now they just rape you over and over
tiberiusiv: US was like 5% on ultra high net worths
mod6: EVERYWHICH WAY FROM SUNDAY POSSIBLE
dub: why don't you leave?
dub: I know a few wealthy people who upped and GTFO
dub: mainly due to death tax
tiberiusiv: leaving the US makes no sense for wealthy
mircea_popescu: dub im paying something like 3.9% if you count it all.
tiberiusiv: they have to renounce citizenship and pay an exit tax
mod6: well, im not in the category. im in the "unwashed masses" category, as mp calls it.
dub: american beer is terrible
tiberiusiv: second off, where would a wealthy american really leave too?
mod6: mircea_popescu: hehe, i do :)
assbot: [HAVELOCK] [VTX] 2 @ 0.3949 = 0.7898 BTC [+]
mod6: well, who cares, maybe it wont be if they adopt btc
tiberiusiv: its dangerous to be a wealthy none native
smickles: most of earth's surface is water, but i still like living here
jcpham: i want to die on mars secretly
tiberiusiv: US has large diversity to pick from and same language
mircea_popescu: tiberiusiv ya well being stupid and rich is dangerous everywhere.
tiberiusiv: romania also has a high sales tax and income tax
smickles: given the chance to live in shit conditions on mars, i would do it
tiberiusiv: consumer goods are very expensive in RO compared to US
dub: this may shock you, but I only have one television
mod6: here i just saw a kid pay $3.50 for a can of altoids
mircea_popescu: to get a good car in the us you have to ship it from yurp
tiberiusiv: that means nothing, romania doesnt even have a developed transport network to move goods around
mircea_popescu: there's vat, but you apply it on lower basis and get much better stuff for your money.
tiberiusiv: you realize german cars are cheaper in the US then in germany?
mircea_popescu: you're approaching the problems of infrastructure as if you're a salaried peon.
mircea_popescu: tiberiusiv yes, they're cheaper inasmuch as they're made in jersey, and thus only german by name.
tiberiusiv: gated off islands, huge estates in cali
assbot: [HAVELOCK] [VTX] 7 @ 0.3949 = 2.7643 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.41384528 = 413.8453 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.38510602 = 385.106 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35636677 = 356.3668 BTC [+]
assbot: [MPEX] [S.MPOE] 4214 @ 0.00072101 = 3.0383 BTC [-]
assbot: [MPEX] [S.MPOE] 3750 @ 0.00072032 = 2.7012 BTC [-]
mircea_popescu: if you think a gated off island is a great way to live i guess we see things too differently to discuss this productively.
assbot: [MPEX] [S.MPOE] 5754 @ 0.0007046 = 4.0543 BTC [-]
tiberiusiv: you can safely drive around a ferrari in 70% of the US
assbot: [HAVELOCK] [VTX] 33 @ 0.3949 = 13.0317 BTC [+]
tiberiusiv: timisoara is a wealthy region for romania
tiberiusiv: the rest of the place has high levels of poverty
tiberiusiv: mircea: an ultra rich american has no real incentive to leave the US
mircea_popescu: on one hand you're telling me about these elusive cali estates (0.001% of us)
assbot: [HAVELOCK] [VTX] 16 @ 0.3949 = 6.3184 BTC [+]
mircea_popescu: on the other hand you impugn imaginary problems with romania on the grounds that it's not all level
tiberiusiv: mircea: tell me what the ultra rich is gaining leaving the US?
mircea_popescu: or else all the ones i know dropping it since 2005 or so are silly.
Namworld: tiberius has hard set views about how people lives in various place of the world and living costs.
mod6: tiberiusiv: there are lots of super rich people here who renounce their citizenship and leave for a tax-haven like the bahamas or whatever.
mircea_popescu: tiberiusiv the problem with the us is that it contains ~200mn unskilled, hungry, entitled doods.
dub: an interesting thing about americans is how few of them travel
assbot: [HAVELOCK] [VTX] 33 @ 0.3949 = 13.0317 BTC [+]
tiberiusiv: mod6: renouncing your citizenship to sit in the bahmas only makes sense if 100% of your income comes from capital gains
mircea_popescu: let me put it in the following perspective : american guy making 1300 usd a month (mostly govt aid, he doesn't work for it) is sitting around listening to angry music and glaring at passerbys because "he's been cheated".
tiberiusiv: dividend income is still withheld from 99% of countries by up to 30%
mod6: tiberiusiv: maybe the bahamas was a bad example. im not rich enough to know better really.
mod6: i couldn't care less.
mircea_popescu: romanian guy making ~500 usd a month is going out and fixing the park benches in his spare time with his own tools.
tiberiusiv: micrea: romanian government is too poor to run an effective welfare state
tiberiusiv: thats why they all live in guarded and secluded areas
tiberiusiv: the ultra rich dont mingle with the commoners lol
mircea_popescu: better off move to somewhere where the idiots are still kept at a low roar by the traditional means of stepping on head.
tiberiusiv: listen youd need to hire an army of security personal in romania
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.41384528 = 413.8453 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.38510602 = 385.106 BTC [+]
tiberiusiv: theres a reason romanians have a bad reputation throughout the EU
mircea_popescu: it's funny, cause i'm over here and you're over there.
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35636677 = 356.3668 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.3949 BTC [+]
tiberiusiv: if anyone got a whiff of your wealth youd kidnapped
mircea_popescu: listen, there's plenty of rich people. everybody knows.
mircea_popescu: there hasn't been a kidnapping in romania since i dunno, years ago.
tiberiusiv: hardened by 70 years of communism and system manipulation
assbot: [HAVELOCK] [SDICE] 1 @ 0.4679999 BTC [-]
smickles: face it mircea, your country sucks
tiberiusiv: you still didnt tell me any incentive that romania offers
tiberiusiv: why would i move to a place that charges me 23% to buy products?
mircea_popescu: i told you about a dozen, but somehow it doesn't stick.
mircea_popescu: because you'd rather pay 1.23 dollars for a pound of excellent cheese
jcpham: it sucks because he's alienated and alone
tiberiusiv: so i pay a 23% premium to watch a poor guy paint a park bench
jcpham: all he has a re hot women
mircea_popescu: next he's gonna tell me that a limited series lamborghini costs the same everywhere ;/
tiberiusiv: E350 gasoline is 55400 euros in romania
assbot: [HAVELOCK] [VTX] 7 @ 0.3976 = 2.7832 BTC [+]
smickles: who pays list price for a car?
assbot: [HAVELOCK] [VTX] 8 @ 0.3976 = 3.1808 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.3976 BTC [+]
tiberiusiv: the US is the cheapest consumer good market in the world
mircea_popescu: i've been there, i've been here, itdoesn't figure like you think.
tiberiusiv: dude they dont even sell the 220 in the US
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1099 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 97 @ 0.85888 = 83.3114 BTC [+]
mircea_popescu: you've successfuly railroaded this discussion into perhaps the most irrelevant possible corner.
tiberiusiv: which you have to pay romanian road tax on
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.85889 = 17.1778 BTC [+]
tiberiusiv: romania is cheaper only for basic staples
assbot: [HAVELOCK] [VTX] 3 @ 0.3976 = 1.1928 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.85896 = 17.1792 BTC [+]
mircea_popescu: romania is cheaper for everything that matters, pretty much.
tiberiusiv: considering the average salary is 1/15th of the US
mircea_popescu: as in, you couldn't replicate what counts as a "normal" diet here in the us without 10k a month
tiberiusiv: healthy food in north america is expensive
mircea_popescu: i happen top not care what cars cost mostly because i hire a driver with his car and gas for ~100 bux per day or some shit
mircea_popescu: i can keep three on call and not even notice it particularly.
tiberiusiv: 100 per day im driving a ferrari in the US
tiberiusiv: considering the monthly payments are 2500
mod6: not even a rental with the insurance
mircea_popescu: and waits for me and carries my bags and whatever the fuck else.
tiberiusiv: mod6: you can finance a ferrari in the US for 2-3k a month
mircea_popescu: i dunno, whatever. you can actually demand a specific make, but i never cared.
mod6: wow. what a waste of money those high end cars are.
tiberiusiv: you know you can rent a brand new car in the US
benkay: less than ten dollars an hour
mircea_popescu: i think what happens here is that you're comparing things wrongly in the following sense :
benkay: for professional service
benkay: you are *out of your mind*
mircea_popescu: you probably get some deals over there and you take that as a basis. which isn't a basis.
mircea_popescu: then you imagine stuff here is book price, which it isn't.
mircea_popescu: this somehow comes out like it's 0.35% more here than there.
tiberiusiv: imported products(quality luxury items) are more expensive in RO then US
mircea_popescu: i mean sure, while i was in ny i had free car service and two doods with shotguns
mircea_popescu: i didn't pay a cent, but that doesn't mean ny is free.
tiberiusiv: with a drivers license i can be armed to the teeth in 1 day
assbot: [HAVELOCK] [VTX] 2 @ 0.3976 = 0.7952 BTC [+]
mircea_popescu: in romania you'd take about a week to find someone with a working firearm.
mircea_popescu: the police don't get live rounds, they just carry the empty pistols around.
mod6: lol, thats almost as good as the japaneese police with their whistles.
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.41401404 = 414.014 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.38528302 = 385.283 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.356552 = 356.552 BTC [+]
mod6: DONT MAKE ME HIT YOU WITH THIS!
mircea_popescu: mod6 about a decade ago in the cluj airport i confiscated a chick's weapon
mircea_popescu: (they had just introduced females into the force at the time)
mod6: so you just were like, "you're not doing it right..." and just disarmed her?
mircea_popescu: mod6 she was not protecting her backside. i just went behind her, waited for like five seconds, then took her unsecured gun
mod6: no wonder the the CO was pissed
mircea_popescu: i was like wtf you numnuts, what if this was loaded and i wiped the floor with the lot of you nao
tiberiusiv: mircea: ultra rich americans tend to be either WASPs or jewish, and neither group likes to be around people much
mircea_popescu: title is "that awkward moment when a police guy loses his gun while handling arrests"
assbot: [HAVELOCK] [VTX] 10 @ 0.3973 = 3.973 BTC [-]
tiberiusiv: hence why they build their boarded up enclaves
assbot: [HAVELOCK] [VTX] 99 @ 0.3973 = 39.3327 BTC [-]
mircea_popescu: i'll go to anywhere i want and strike up a chat with anyone i want. pick up a street walker if i feel like it and go watch the game with her.
tiberiusiv: spend most of their days worrying about losing the wealth
tiberiusiv: lol that is never occuring in north america
mircea_popescu: i'll tell you, part of what i did in the us was this cross country by bus thing
tiberiusiv: americans are approachable but its mostly a business type relationship
mircea_popescu: it's in romanian, if gt fails horribly i guess i'll have to translate it myself.
smickles: i'll say american area approachable, go up to one on thier porch with a smile and a friendly greeting in the dark of night, 3/5 times i get a beer doing that
mircea_popescu: <tiberiusiv> youd be arrested << what i did earlier today was take a chick along for a nude stroll down the riverwalk.
dub: did he try to sell any idiot being able to arm themselves to the teeth instantaneously as a good thing?
mod6: (21:34) < mircea_popescu> i'll go to anywhere i want and strike up a chat with anyone i want. pick up a street walker if i feel like it and go watch the game with her. << the sign of a true travel bug
mod6: its awesome to go new places and just chat up random people
mircea_popescu: mod6 when i landed in costa rica i didn't speak spanish.
mircea_popescu: i went to the local uni, found the english dept, picked up a chick wirth nice hooters
mircea_popescu: she got me an apt (for reasonable rent, causer it helps if you're local obviously)
mod6: its a good way to learn the lang and exp the culture.. just immerse yourself.
dub: chick with nice hooters eh.. sounds like a fatty
tiberiusiv: on the deposit bitcoins page i see nothing?
mod6: have you seen spanish chicks? some of em got a nice rack of titty and are totally thin
mircea_popescu: tiberiusiv nobody's come forth with proof otherwise so far.
mod6: they come in all shapes and sizes i guess.
assbot: [HAVELOCK] [VTX] 7 @ 0.3973 = 2.7811 BTC [-]
mod6: i learned a lot of my spanish in mexico just traveling around.
mod6: then i kinda took it more formally later on.
mod6: but travel is amazing, and all the americans who are too fat or busy watching the kardashians to go out and check out the rest of the planet are dumb.
dub: well spain in general is ew
dub: I remember a chick in business attire squatting down and taking a dump in the gutter
assbot: [HAVELOCK] [VTX] 5 @ 0.3973 = 1.9865 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3973 = 0.7946 BTC [-]
dub: also getting boils from swimming in the sea
mircea_popescu: but for my curiosity : naked teensy chick next to you was covered in her own vomit six hours ago at what they call "a party".
mircea_popescu: dude it was nothing like that, it was more like slapping her butt
mod6: lol slapped her ass and grabbed her gat
mircea_popescu: anyway. romania is just not a very weapon centric culture. i have no objection with the notions of safety applicable to the us and its citizens, but it's not universal
mircea_popescu: ie, "add guns" is not the universal path to improving safety in absolutely any circumstance, place or time.
tiberiusiv: ex communist countries tend to be none weapon based
tiberiusiv: weapons were banned under communist rule for a reason.
mod6: lol they always are
mircea_popescu: how were they banned ? everyone got trained to use them whether like it or not
mod6: oh...hmm i thought they get rid of that shit so people don't outright revolt
tiberiusiv: you talking about the slave army everyone had to join
dub: mircea_popescu: yeah those are dealbreakers on spain
mircea_popescu: tiberiusiv the us had the draft for a while too you know.
dub: i need a usable ocean
assbot: [HAVELOCK] [VTX] 100 @ 0.3955 = 39.55 BTC [-]
mod6: the U.S. has had the draft many times
assbot: [HAVELOCK] [VTX] 25 @ 0.3955 = 9.8875 BTC [-]
tiberiusiv: isnt it odd how the wealthiest state in the EU is also the most pro gun?
assbot: [HAVELOCK] [VTX] 16 @ 0.3955 = 6.328 BTC [-]
mircea_popescu: it's only the wealthiest state cause it had enough sense to not join the euro
mod6: i kinda like the idea of the militia too, but it turns out that they never fought very well in the revolution until Cowpens
assbot: [HAVELOCK] [VTX] 2 @ 0.3955 = 0.791 BTC [-]
assbot: [HAVELOCK] [VTX] 6 @ 0.3955 = 2.373 BTC [-]
mod6: they were backed up against the river, and seen enough battles to finally face the brits head on
assbot: [HAVELOCK] [VTX] 2 @ 0.3955 = 0.791 BTC [-]
assbot: [HAVELOCK] [VTX] 200 @ 0.3955 = 79.1 BTC [-]
Bowjob: wow, VTX is selling like crazy
tiberiusiv: trying to get my btc transffered in time
assbot: [HAVELOCK] [VTX] 3 @ 0.3955 = 1.1865 BTC [-]
Bowjob: so its gonna be cavirtex vs coinlab?
tiberiusiv: they dont really have none canadian cashout options do they?
Bowjob: well it says coinlab's gonna deal with canadians too
tiberiusiv: cavritex has a bank draft to your door in 2days, or a direct deposit in under 24hrs up to 30k
mircea_popescu: hopefully they managwe to get their banking partnerships in order.
tiberiusiv: mircea: do you honestly believe btc will be 1k?
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35664457 = 356.6446 BTC [+]
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.38537148 = 385.3715 BTC [+]
assbot: [MPEX] [O.BTCUSD.C410T] 1000 @ 0.41409839 = 414.0984 BTC [+]
Bowjob: it should be much more than 1k, actually
tiberiusiv: can you send transfers out of bitcoin wallet while your blockchain isnt fully updated
Bowjob: if it reaches high enough price, trading btc for fiat will be a seen as a shit move
assbot: [HAVELOCK] [VTX] 5 @ 0.3922 = 1.961 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3922 = 0.7844 BTC [-]
assbot: [HAVELOCK] [VTX] 13 @ 0.3922 = 5.0986 BTC [-]
assbot: [HAVELOCK] [VTX] 25 @ 0.3922 = 9.805 BTC [-]
assbot: [HAVELOCK] [VTX] 200 @ 0.3922 = 78.44 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.3922 = 3.922 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.3922 = 1.961 BTC [-]
assbot: [HAVELOCK] [VTX] 200 @ 0.3922 = 78.44 BTC [-]
Bowjob: I'm impressed they got the ipo sold that fast
assbot: [HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]
assbot: [HAVELOCK] [VTX] 20 @ 0.3922 = 7.844 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.3922 = 0.7844 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.3922 = 1.961 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]
Namworld: Yeah, I did. I'm canadian. I happen to be a regular user.
assbot: [HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]
Bowjob: i watched the video, they will offer 12% per year on their bitcoin short fund
assbot: [HAVELOCK] [VTX] 1 @ 0.3922 BTC [-]
assbot: [HAVELOCK:VTX] 1D: 0.38280000 / 0.39364479 / 0.43320000 (9867 shares, 3884.09310000 BTC), 7D: 0.38280000 / 0.39427952 / 0.46140000 (9991 shares, 3939.24670000 BTC), 30D: 0.38280000 / 0.39427952 / 0.46140000 (9991 shares, 3939.24670000 BTC)
Bowjob: im sure some people will want to flip the shares
Bowjob: 300k in capital in a day
assbot: [HAVELOCK] [VTX] 13 @ 0.3922 = 5.0986 BTC [-]
Bowjob: havelock ipos have always done extremely well
Bowjob: the mining fund when it first got out was 4.6 something btcs
Bowjob: traded to 20 bucks on today;'s prices
Bowjob: they pre ordered with bfl, unfortunately
assbot: [HAVELOCK] [HIM] 7 @ 1.99 = 13.93 BTC [+]
mircea_popescu: ahh, it's so wunderbar to see how far bicoin finance has come since march 2012
Bowjob: so mp, whats your take on ianbakewell
Bowjob: i thought he was legit
Namworld: Bowjob: HIM was trading at 4 BTC you say?
jcpham: i'm not convinced intelligence or quality thereof increases witht the number of participants
Bowjob: it was 4.6 something back in june
mircea_popescu: people figure themselves qualified to do things they're not just because.
mircea_popescu: it ends in tears usually, but they don't learn cause there's an endless reservoir of new ones.
Bowjob: his face, name, everything is online
Bowjob: i was actually considering lending him 100, but then i decided not to in the end
Bowjob: so its 3 payment dates that he missed
assbot: [MPEX] [O.BTCUSD.C430T] 1000 @ 0.38783812 = 387.8381 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 1000 @ 0.35922594 = 359.2259 BTC [+]
Bowjob: safe to say he ran away
assbot: [HAVELOCK] [VTX] 1 @ 0.44888888 BTC [+]
assbot: [HAVELOCK] [VTX] 19 @ 0.44979998 = 8.5462 BTC [+]
Bowjob: Wow, people are starting to flip VTX now
assbot: [HAVELOCK] [VTX] 1 @ 0.44979998 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.44979998 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.44979998 BTC [+]
assbot: [HAVELOCK] [VTX] 7 @ 0.44979998 = 3.1486 BTC [+]
Bowjob: LTC down to 0.005, same old gutter
assbot: [HAVELOCK] [VTX] 1 @ 0.44888888 BTC [-]
Bowjob: I briefly rode the LTC train
assbot: [HAVELOCK] [SDICE] 1 @ 0.45 BTC [-]
Bowjob: then dumped when before it went crashing
assbot: [MPEX] [O.BTCUSD.C430T] 4 @ 0.38792585 = 1.5517 BTC [+]
assbot: [MPEX] [O.BTCUSD.C450T] 883 @ 0.35931775 = 317.2776 BTC [+]
Namworld: that he rode LTC before the crash
Namworld: He's probably sleeping with all his BTC
Diablo-D3: wait, he rode it the whole way down dr strangelove style?
Bowjob: goat took some prifits
Diablo-D3: or did he ride it and then jump out of the car before it went over the cliff, hanging on by a tree root
Bowjob: but rode the rest down
Diablo-D3: the trick is to know when to get out
Bowjob: I bought ont he way up, I jumped just in time
Diablo-D3: like those btc I sold because I needed to?
Bowjob: the trollbox are now consoling each other
assbot: [HAVELOCK] [SDICE] 1 @ 0.45000001 BTC [+]
jcpham: i've only sold about 20 btc in 3 months
assbot: [HAVELOCK] [SDICE] 8 @ 0.45 = 3.6 BTC [-]
Bowjob: "jubalix: BTC will fall, and the herd will mass in to cheap LTC"
jcpham: i've moved 5x out of my wallets into cold cold cold storage
Bowjob: Oh, trollbox. I love you
assbot: [BTCTC] [BTC-BOND] 32 @ 0.009899 = 0.3168 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.45 = 2.25 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.45 BTC [-]
tiberiusiv: anybody lending BTCs to fiat users deserves losses
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.47382561 = 473.8256 BTC [+]
assbot: [HAVELOCK] [SDICE] 40 @ 0.45 = 18 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.841 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.841 BTC [-]
assbot: [HAVELOCK] [SDICE] 39 @ 0.45 = 17.55 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.44000002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.84 = 1.68 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8349 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 12 @ 0.8346 = 10.0152 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8345 = 1.669 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8312 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.831001 = 1.662 BTC [-]
assbot: [BTCTC] [BITVPS] 20 @ 0.004 = 0.08 BTC [+]
assbot: [MPEX] [O.BTCUSD.C370T] 1000 @ 0.47420263 = 474.2026 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 65 @ 0.00486 = 0.3159 BTC [+]
gribble: BTCUSD ticker | Best bid: 71.59000, Best ask: 71.78495, Bid-ask spread: 0.19495, Last trade: 72.00001, 24 hour volume: 92534.71730364, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.40441
assbot: [HAVELOCK] [VTX] 1 @ 0.4498 BTC [+]
assbot: [HAVELOCK] [VTX] 12 @ 0.45 = 5.4 BTC [+]
gribble: BTCUSD ticker | Best bid: 71.59000, Best ask: 72.00000, Bid-ask spread: 0.41000, Last trade: 72.23273, 24 hour volume: 92504.93940713, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.41054
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00486 = 0.0097 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 3 @ 0.1821 = 0.5463 BTC [-]
assbot: [MPEX] [O.BTCUSD.C470T] 2 @ 0.33147579 = 0.663 BTC [+]
assbot: [MPEX] [O.BTCUSD.C370T] 94 @ 0.47435328 = 44.5892 BTC [+]
Bugpowder: My C490s and C510s are more than making up for the S.DICE disaster
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.87 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.872 = 2.616 BTC [+]
Bowjob: did you go back to dice?
tiberiusiv: its very good news if cavirtex gets a short fund going
Bowjob: I jumped ship at 0.0075
Bowjob: i got out of it in time, no bs
Bugpowder: If this wall gets eaten... Total bear capitulation.
Bowjob: ive already seen that s.dice will drop in price in the future, months ago
assbot: [BTCTC] [BTC-GOLD] 3 @ 0.00125 = 0.0038 BTC [-]
Namworld: Because most BTC transactions are gambling on SatoshiDice?
the-bucket-shop: I bought Bowjob's shares, so I'm hurting - not sure s.dice can ever do well with a rising btc price. and of cource btc always rises
assbot: [BTCTC] [S.MPOE-PT] 4 @ 0.00072 = 0.0029 BTC [-]
tiberiusiv: s.dice does amazing with a rising btc price
gribble: BTCUSD ticker | Best bid: 70.04001, Best ask: 70.05000, Bid-ask spread: 0.00999, Last trade: 70.05000, 24 hour volume: 93057.48947432, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.41710
tiberiusiv: theyve doubled from their ipo and thats with bitcoin rising like 600%
Namworld: It only seems like it's lowering because a temporary bigshot or two were doing massive gambling
tiberiusiv: no it seems someone was slowing the site down
Namworld: But big gamblers could be back anytime
tiberiusiv: because transactions per day decreased alot
tiberiusiv: that was sdice being ddosed or some shit
mircea_popescu: you are aware the network was fucked in the mouth for about a week
assbot: [MPEX] [O.BTCUSD.C490T] 1 @ 0.303 BTC [+]
tiberiusiv: sdice is one of the best assets to own
assbot: [MPEX] [O.BTCUSD.C510T] 1 @ 0.27442858 BTC [+]
mircea_popescu: but really i'd say it's more an investment than a loss
assbot: [MPEX] [O.BTCUSD.C450T] 1 @ 0.36014286 BTC [+]
tiberiusiv: those players will give that right back
mircea_popescu: there are not that many bitcoin businesses paying out in the k's range.
tiberiusiv: customer growth potential is massive with sdice
tiberiusiv: tons of gambling fiens that dont want to leave the comfort of their homes
Bowjob: tiber, what price did u buy dice at
gribble: BTCUSD ticker | Best bid: 69.11110, Best ask: 69.88000, Bid-ask spread: 0.76890, Last trade: 69.11110, 24 hour volume: 95198.29487360, 24 hour low: 64.20000, 24 hour high: 74.90000, 24 hour vwap: 70.40615
tiberiusiv: btc is going right back into the low 50's
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.19305144 / 62.54448241 / 63.8704312 (21265 shares, 3,903.05 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
error4733: 4300 on queue for mtgox account confirmation...
tiberiusiv: error4733: 20k coins sold takes the price to mid 50's
Namworld: I could pop the price back to 72 with like 100 bucks
Bowjob: tiber.. you seem to prop up dice a lot
Bowjob: when did you buy dice?
Bowjob: because if you bought it at 0.0075, you're just prep talking
tiberiusiv: i dont own alot as i dont like the 30mil market cap
Bowjob: get real. i buy and sell depending on what i see ahead
Bowjob: iv'e done really well so far. so you're at a loss right now.
error4733: we are on road for 500$ in no time
error4733: 5b market cap is still nothing in world economy
tiberiusiv: 5b market cap with how shitty liquidity is?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.835 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8321 BTC [-]
Bowjob: id at least wait till the cypriots open their banks
assbot: [HAVELOCK] [VTX] 1 @ 0.45 BTC [+]
Bugpowder: dude I am selling coins all the way up
assbot: [HAVELOCK] [VTX] 6 @ 0.45 = 2.7 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.15 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 3 @ 0.143 = 0.429 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.142 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 3 @ 0.1415 = 0.4245 BTC [-]
assbot: [HAVELOCK] [VTX] 22 @ 0.49899 = 10.9778 BTC [+]
tiberiusiv: bitcoin is going to collapse when risk assets turn south again
tiberiusiv: bitcoin rallies with the US stock market
mircea_popescu: fortunes were made thinking one knows how bitcoin moves,
mircea_popescu: fortunes were lost thinking one knows how bitcoin moves.
tiberiusiv: nobody bought US stocks until january 2013
gribble: BTCUSD ticker | Best bid: 69.72001, Best ask: 70.04988, Bid-ask spread: 0.32987, Last trade: 69.72001, 24 hour volume: 96320.27532477, 24 hour low: 64.99240, 24 hour high: 74.90000, 24 hour vwap: 70.40547
assbot: [HAVELOCK] [VTX] 1 @ 0.49898999 BTC [-]
Bowjob: its friday.. so weekend dip
tiberiusiv: pull up a chart of the US stock market
error4733: you have to stop looking 2 months or 3
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.16052553 = 160.5255 BTC [-]
error4733: ok you call a correction, but in long term, under 100$ is a cheap price
tiberiusiv: liqudity hasnt improved, and current bitcoin market cap can support an economy that generates 8 billion a year in goods and services
error4733: after, if you feel lucky and want start trade, learn in one week what traders learn in one life, take your shoot
tiberiusiv: error4733 you just angry that you bought high
tiberiusiv: the US stock market peaked out 1 month before BTC did in 2011
tiberiusiv: theres plenty of indications of a short term multi month top
tiberiusiv: some guy is offering his house for BTC
assbot: [MPEX] [O.BTCUSD.C470T] 1000 @ 0.33195374 = 331.9537 BTC [+]
Bowjob: gox wont take in new money, for the next 2 days
tiberiusiv: bitcoinis ripe for a 50% collapse to the weekly moving average
tiberiusiv: not to mention the gross overvaluation of bitcoin business's
tiberiusiv: cavirtex raised 300k with almost 0 advertising trading at 8x sales
assbot: [HAVELOCK] [SDICE] 5 @ 0.4679975 = 2.34 BTC [+]
mircea_popescu: bitcoin will probably force a re-modelling of valuation models.
mircea_popescu: because of its deflationary nature any revenue stream is worth a lot.
tiberiusiv: mircea: the US was on a deflationary currency for 100 years
tiberiusiv: when the most prosperous middle class in world history emerged and that was with a civil war as well
tiberiusiv: prices were 50% lower in 1900 then in 1800
mircea_popescu: and at that time any revenue stream was worth dieingfor
tiberiusiv: those numbers would never be reached by the US again
mircea_popescu: anyway, an argument can be brought that bitcoin businesses are sorely undervalued atm, in the sense that if you add the half dozen which are serious they're not even 1/4 monetarty mass
tiberiusiv: US went from a 3rd world to 2x wealthier then europe in 100 years
tiberiusiv: first off you have no shareholder rights
mircea_popescu: no voting -> you don't need to expend time to inform yourself and vote. no dispute settlement -> you can't waste capital on lawyer fees.
Namworld: That's good only if there's never an issue arising
tiberiusiv: you have no verification of incomes or expenses posted
assbot: [MPEX] [O.BTCUSD.C470T] 1000 @ 0.33195374 = 331.9537 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.16040513 = 160.4051 BTC [-]
mircea_popescu: s.dice yo ucan verify. asicminer you can (sorta) verify. mpoe you can verify
mircea_popescu: Namworld it's just a theory in my head, but i suspect that macro speaking, the total fees taken by lawyers in a year = the total value of resolutions.
Namworld: True, some have public BTC addresses. Checking what they earn is trivial.
mircea_popescu: so basically you're not making a profit in that paradigm, globally.
Namworld: As for verifications... well pretty much any documents can be forged.
tiberiusiv: just like the last high took 2 years to surpass
assbot: [MPEX] [O.BTCUSD.C550T] 1000 @ 0.2177331 = 217.7331 BTC [+]
assbot: [MPEX] [O.BTCUSD.C530T] 1000 @ 0.24628826 = 246.2883 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27484342 = 274.8434 BTC [+]
assbot: [MPEX] [O.BTCUSD.C490T] 1000 @ 0.30339858 = 303.3986 BTC [+]
Anduck: if it goes down by 50% someone will buy it
mircea_popescu: let it be two years, let the scammers suddenly flooding the forum get despondent, no loss here.
assbot: Things which are alike, in nature, grow to look alike, and the speaking stones have lain a long time lookin' at the sun.
mircea_popescu: mkay so this morning is > 35k contracts traded with the bot
Anduck: assbot stfu, you're bot. you have the right to only speak about tickers and trades
Anduck: someone rly fix the bot, it's not fun to see that kind of crap. instead, it should tell instructions
mircea_popescu: "Indonesia may outlaw unmarried sex with jail threatened for offenders"
Bowjob: i hear they cut off your head if you get caught fapping
assbot: [MPEX] [O.BTCUSD.C470T] 1000 @ 0.33195374 = 331.9537 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 292 @ 0.00486 = 1.4191 BTC [+]
assbot: [HAVELOCK] [VTX] 14 @ 0.49898888 = 6.9858 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 2 @ 0.16017925 = 0.3204 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 998 @ 0.16028476 = 159.9642 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 31 @ 0.00487 = 0.151 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 526 @ 0.00487 = 2.5616 BTC [+]
assbot: [MPEX] [O.BTCUSD.C470T] 228 @ 0.33195374 = 75.6855 BTC [+]
Namworld: It's about time S.DICE gets some traction
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.15833758 = 158.3376 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.8 = 3.2 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.83 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.82 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.15827441 = 158.2744 BTC [-]
assbot: [MPEX] [S.DICE] 1 @ 0.00444444 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.15821772 = 158.2177 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4679975 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4679975 BTC [+]
assbot: [BTCTC] [GSDPT] 20 @ 0.00421 = 0.0842 BTC [+]
assbot: [BTCTC] [GSDPT] 99 @ 0.0042 = 0.4158 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.46799769 = 1.872 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 1 @ 0.16058182 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.468 = 2.34 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.15809519 = 158.0952 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.83 BTC [+]
gribble: BTCUSD ticker | Best bid: 71.17002, Best ask: 71.43000, Bid-ask spread: 0.25998, Last trade: 71.17002, 24 hour volume: 72873.11904166, 24 hour low: 68.90583, 24 hour high: 74.90000, 24 hour vwap: 72.06906
smickles: looks like i'm selling at about .008ish
mod6: so does anyone know what happend to gox again?
mod6: just, same as usual??
smickles: less than a buck to secure against the coming crash
jcpham: i've got a bet for 1 btc that we see $100 before we see $60
jcpham: i don't make bets i can't afford to lose
gribble: There are currently 14123.224 bitcoins offered at or under 74.0 USD, worth 1041651.49949 USD in total. | Data vintage: 0.0017 seconds
gribble: There are currently 23081.901 bitcoins offered at or under 75.0 USD, worth 1710738.22608 USD in total. | Data vintage: 9.6104 seconds
gribble: There are currently 1320.1523 bitcoins offered at or under 73.0 USD, worth 96186.0854616 USD in total. | Data vintage: 33.3853 seconds
mod6: maybe i do just need to take a week off and just sequester myself
mod6: man that sounds awesome actually.
mircea_popescu: sequester yourself in a room with a bed and just sleep ?
mod6: just to hack for a week on bitotter to wrap it up
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009822 BTC [-]
mod6: too damn busy to get enough time to dig in deep enough to make sure all the secuirty stuff is underwraps
mod6: its like, I need 8 hour blocks at a time min.
mod6: hard to come by for me these days.
mod6: I guess if it gets to be too long, I might just open source the thing and let you guys work on it if you want to.
mod6: my android tool for mpex
mod6: started it a long time ago, but i have 3 other jobs other than btc
benkay: i can see why you'd want to free the code :)
mod6: so im pretty swamped. and i have an overly demanding gf who eats up time.
Namworld: <@gribble> There are currently 1320.1523 bitcoins offered at or under 73.0 USD, worth 96186.0854616 USD in total. | Data vintage: 33.3853 seconds
mod6: last night she was all, "no. fuck you. you said you weren't going to talk with your dungons and dragons friends all night..."
assbot: [BTCTC] [GSDPT] 10 @ 0.00439 = 0.0439 BTC [+]
assbot: [BTCTC] [GSDPT] 5 @ 0.004477 = 0.0224 BTC [+]
assbot: [BTCTC] [GSDPT] 200 @ 0.004638 = 0.9276 BTC [+]
assbot: [BTCTC] [GSDPT] 74 @ 0.004638 = 0.3432 BTC [+]
Diablo-D3: [01:12:29] <mod6> so im pretty swamped. and i have an overly demanding gf who eats up time.
Namworld: Girlfriends who don't like you hanging with anyone else? Sounds familiar.
mod6: well,she's probably older than you dickweed
assbot: [BTCTC] [GSDPT] 86 @ 0.004639 = 0.399 BTC [+]
Diablo-D3: mod6: age has nothing to do with it
asa1024: females are dangerous to irc use
deadweasel: that's why I use it mostly at work, and just check it at home, make sure you all didn't break BTC
mod6: yeah Diablo-D3, my bad, yeah, she's just like all the others :/
mod6: just wish i didn't have to work my everyday job.
deadweasel: why you suffering for these many jobs?
mod6: yeah, they're blowing me up all the time for different jobs.
deadweasel: you gotta nail your contract down so every phone call is a separate charge
mod6: well... i dunno. i guess im just lame.
deadweasel: until you can't get anymore work, then lower them a tiny bit
mircea_popescu: mod6 ya srsly, they have a point. if you have three jobs make each offers for 50% what you're making now, upfront
mod6: well, it was 3, now 2 of them mereged together, so its really like two.
mod6: and basically i flipped out on these dudes a bunch of times.
deadweasel: find a new job, SINGULAR, for %50 more than you are making
mircea_popescu: m,erged together = hey, you know we used to pay you for two things ? well only pay you for one from now on
mod6: now, i'm getting them to get other help, so that's been better, but its been hard to unwind all this stuff.
mod6: lot of knowelege to transfer, etc.
mod6: mircea_popescu: yeah, basically.
mod6: these guys are terrible.
mod6: i always seem to end up working for really terrible contracts or employers
mod6: anyway, hopefully i can be my own guy after this with btc
mod6: then i can just work on what we need
mod6: haha, i DID tell them to fuck off about 49 times. but they're gonna sue if i pitch their stuff ina snowbank
deadweasel: hand it to them nicely and say, contract CANCELLED
mircea_popescu: by the way, if anyone wants a funny story : i hired a freelance guy to do my persian faq.
benkay: neither of you do contract software work
mircea_popescu: imo he did a good job, nice responsible young man so at the time i tipped him 1 btc
mircea_popescu: benkay i sometimes do contract management of software work
mod6: anyway, i gotta finish unwinding this stuff then i'll be free of this obligation.
benkay: "a contractor != contract coder"
deadweasel: i'm gon go thow myself down a flight of stairs
taub: clarkmoody keeps fucking up :(
mod6: wont be long i think.. the process is alreay in motion, and has been in motion since the beginning of this ydar.
mircea_popescu: mod6 "the wheels are in motion... things are happening..."
benkay: manners and reputation are important to contractors.
benkay: not that they're not to everyone else.
deadweasel: i see where you are going. but he shold not suffer un endingly because he's worried about what they might say
mod6: guys, im like a peon
mod6: when i first signed up with these guys, the first thing they did was sue VMWare
deadweasel: mod6, you must have some kind of skill, NIX guys are in HIGH demand, go find something better, where you are slightly respected and not peonized
mod6: anyway, i can't say any more.
deadweasel: sorry mod6, sholdn't be telling you what to do.
mod6: i know tons of shit, and can get stuff done. the problem is im poor and have no representation against these evil assholes.
deadweasel: if you're poor than you've got nothing to lose
deadweasel: you've never been better positioned to take the fucking world on
mod6: well, basically yes. but, i've got some living situation that needs to be solved.
mod6: i can't go back to living inthe street again
mod6: at lesat not up here
mod6: i used to just live on peoples front porch couches after IBM
mircea_popescu: the rich will fuck you up and the poor literally don't care.
mod6: yeah, i'll fucking rage
mod6: i need to stay out of jail
mod6: and out of the hospital too, my health isn't super great :/
deadweasel: it's coming backin states mircea_popescu
mod6: jail is a part of life
mircea_popescu: they shoul;d just give up the pretense and just make the country a penitentiary.
mod6: its just, trying to not let them get you
mircea_popescu: they're obviously rebuilding soviet era russia, might as well
mircea_popescu: everyone gets a cell in a cheapo concrete block like india
mod6: yeah, its a fucking nightmare over here
deadweasel: it is once you're in the legal system.
mod6: they just trump up some charges, and tell you well you can do 90 days for this, or you can go to trial and we'll trhow the book at you...
mircea_popescu: mod6 and you say fuck you, this will be the trial of the century
mircea_popescu: you don't need a lawyer to fuck them up. you just need to know the law.
mod6: well, if they ever try to get me for BTC, ill just do what hitler did
deadweasel: but to be at the level of senior engineer, a lawyer would need 10 yrs exp in a particular part of the law
mod6: well, what i mean is, in his trial
mircea_popescu: it takes 10 year for the senior engineer to gain his reputation with others
mod6: he just stood up there and told everyone his side of things for like three days lol
mod6: then they only gave him like 3 years after the beer hall putch
jurov: Chilca: hi, all fine
mod6: haha mircea_popescu, na.
deadweasel: jesus christ, did I just say "i was like"
deadweasel: fuck me, I'm still at work...... gonna go pretend for a bit.
mod6: anyway, this is far off into the weeds!
assbot: [BTCTC] [S.DICE-PT] 49 @ 0.0047 = 0.2303 BTC [-]
Namworld: I think deadweasel is the key to rejuvenation. I suggest we ground him to a thin powder and make pills.
deadweasel: thanks for entertaining our opinions mod6
gribble: BTCUSD ticker | Best bid: 71.27110, Best ask: 71.79950, Bid-ask spread: 0.52840, Last trade: 71.79950, 24 hour volume: 67908.09473960, 24 hour low: 68.90583, 24 hour high: 74.00000, 24 hour vwap: 71.94412
mod6: sorry for all the chatter.
mod6: i just need to get some of this personal stuff sorted so i have more time for you guys.
deadweasel: mod6, you need more time for you first, then you might be more useful here, for whatever it is y'all are doing. options i think
Namworld: You don't have to tell people it's dead weasel. Just label them as reverse aging pills. Sell them for 2 BTC a piece since it's very complex chemicals...
assbot: [BTCTC] [GSDPT] 10 @ 0.004 = 0.04 BTC [-]
deadweasel: 2 btc each, might look like benadryl, but really is reverse aging
benkay: o i can read thank you
benkay: just expressing emotions
assbot: [BTCTC] [GSDPT] 34 @ 0.0038 = 0.1292 BTC [-]
benkay: are you guys familiar with the famous wat talk?
benkay: i know this isn't a super dev-y group, but some of you might enjoy
benkay: and the rest are smart enough to get it
deadweasel: the drugs they sell here at least get you high
benkay: intentional misconstrue.
benkay: 99% of the time you're serious
benkay: impossible to call troll on
benkay: even when you say things like "nigger nigger nigger nigger"
benkay: i am going to adopt this attitude.
benkay: "you have no idea if i'm serious or not!"
benkay: i'm launching a mining company
assbot: [HAVELOCK] [VTX] 1 @ 0.54399999 BTC [+]
benkay: we're going to collect giveaway raspberry pis
mod6: perhaps epic trolls are always built on uncertainty
benkay: then give the bitcoins to afurka
deadweasel: i can't let my fellow badgers be excluded
assbot: [HAVELOCK] [SDICE] 8 @ 0.451001 = 3.608 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.54399999 BTC [+]
benkay: friday is off-topic day?
benkay: how would you go about using bitcoins to get fantastically wealthy while a country prints currency like crazy?
benkay: how do that, asciilifeform?
benkay: and mircea, basic staples?
benkay: bullets and canned beans and whatnot?
benkay: not necessary i have a pi far
mircea_popescu: In 2007 Sergei Mavrodi was found guilty in a Russian court of defrauding 10,000 investors out of 110 million rubles ($4.3 million).
mircea_popescu: incidentally, i bet you that's the banking mavrodi fambly.
benkay: you all fail at exploiting failing sovereigns.
deadweasel: it's more like we are rotting from the inside out, for the US anyways.
benkay: too much work, asciilifeform.
benkay: plus you actually have to deal with the underclass
benkay: show some imagination, folks!
benkay: like, buy assets on the local stock exchange. is good idea?
deadweasel: whore yourself to congress and then blackmail?
benkay: deadweasel: i prefer to be the one purchasing sex, and i don't find myself attracted to vote-grubbers.
mircea_popescu: asciilifeform jesus christ that sounds as a complete rewrite of an article i wrote in like 2010
mircea_popescu: since its unlikely that guy reads romanian, i'd say woot! people are getting it!
benkay: orlov's old news, mircea
mircea_popescu: i guess once you've seen her whore out you'll never buy into the virgin mary theory again.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.79696 = 1.5939 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.544 = 2.176 BTC [+]
benkay: oh look. a reason for miners to use a stack other than the hairball.
mircea_popescu: you know you can work on other people's ideas just like you can work on other people's daughters
assbot: [HAVELOCK] [VTX] 11 @ 0.5451 = 5.9961 BTC [+]
mircea_popescu: but i always suspected this is going to be the one way we end up with ai
assbot: [HAVELOCK] [VTX] 1 @ 0.53 BTC [-]
mircea_popescu: because i always thought that minsky & all may be nice and good
mircea_popescu: but ai won't exist until there's an edge application which makes money.
mircea_popescu: ai isn't wits, really. but anyway, i always imagined the headlines. "bitcoin provokes singularity"
assbot: [BTCTC] [BTC-BOND] 12 @ 0.009822 = 0.1179 BTC [-]
deadweasel: mircea_popescu: it's happening, BTC is a huge push towards it, the algorithms that come out of this could fuel future AI
kakobrekla: Johnathan (Yoni) Assia is the CEO of eToro, the world’s largest social investment network. He has shown an interest in finance and computer science since his youth and so decided to merge his passions.
mircea_popescu: kakobrekla listen, this is how conferences work in any biz
Namworld: mircea: no, but odly enough that sounds good.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.762 BTC [-]
benkay: I learned this thing about conferences recently
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7612 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7612 = 7.612 BTC [-]
benkay: that they're filled with people with not enough to do
mircea_popescu: if it loses another 6k or so it'd just make things "fair"
mircea_popescu: This week meets more stagnancy of deploying. But in the last few days we poured 0.5TH/s into our mining farm as the installing of power cables in the new place goes on. The total hashrate grows much less than this, mostly possibly because of the bottleneck in our local network setting. We are still identifying and fixing the problem.
jborkl: It was bound to happen , a bad month- every business has good and bad months
mircea_popescu: i guess we will have > 9000 of them by the time year's out
kakobrekla: the exchanges will need to modfiy their operating models once ill put btc/usd in MT4
mircea_popescu: this is the problem with "Devteam". they're not devs, they're kids looking to impress.
Doffx: What will the next div look like for the Asic miner PT's?
Doffx: whats a good guess?
Diablo-D3: the div seems to be getting bigger though
Doffx: .015 ish then, still seems decent.
Diablo-D3: ThickAsThieves: I really doubt half
Namworld: and they already paid for manufacturing 50 more TH I think
Diablo-D3: ThickAsThieves: remember, friedcat hasnt gotten all of the 15th online yet
Diablo-D3: and the total farm will be around 60 th
Namworld: that too... hopefully they can get their shit together
Doffx: Yeah, I like the answer
Doffx: Haha, I just needed a rough estimation
Doffx: I haven't been following anything in the asset world for a while
Doffx: DId they eat all the chips
[\\\]: kakobrekla: "coming soon"
jurov: so, i've read the scrollback and some links. and all i'm remembering is that mircea tried to stabilize a vagina by poring concrete.
mod6: ;;rate 1 thestringpuller Joined the BitOTTer project!
gribble: Error: 'thestringpuller' is not a valid integer.
mod6: ;;rate thestringpuller 1 Joined the BitOTTer project!
gribble: Rating entry successful. Your rating of 1 for user thestringpuller has been recorded.
gribble: (rate <nick> <rating> [<notes>]) -- Enters a rating for <nick> in the amount of <rating>. Use optional <notes> field to enter any notes you have about this user. <nick> must be the user's GPG-registered username, Your previously existing rating, if any, will be overwritten.
assbot: [MPEX] [O.BTCUSD.C750T] 37 @ 0.08258454 = 3.0556 BTC [+]
gribble: You have not yet rated user thestringpuller
smickles: [\\\], must be making a killing off that "coming soon" ™
mod6: ;;rate smickles 3 Some previous trades on OTC. Joined the BitOTTer project!
gribble: Rating entry successful. Your rating for user smickles has changed from 3 to 3.
mod6: if anyone would like to help out with the BitOTTer project, send me a PM or join us in #BitOTTer
jurov: i have already seen it
gribble: Rating entry successful. Your rating of 1 for user thestringpuller has been recorded.
gribble: BTCUSD ticker | Best bid: 71.55000, Best ask: 72.00000, Bid-ask spread: 0.45000, Last trade: 71.55000, 24 hour volume: 65236.36510509, 24 hour low: 68.90583, 24 hour high: 73.74999, 24 hour vwap: 71.87573
gribble: Error: "ticker," is not a valid command.
kakobrekla: twitter suggest to follow britney spears to bitbet
jurov: we have been solving BNFs by hand in highshool. so have firsthand experience how NP-hard that stuff is with increasing number of variables
jurov: 4 bits/variables - trivial, 5/6 bits - solvable by hand if you have time and patience
jurov: up to 20 bits - fully solvable by computer
jurov: anything beyond that, you can only stab in the problem and hope you'll get something close anoutgh to minimal
benkay: are we talking about SAT solving?
MJR__: doesn't sat solving get easier
jurov: generally when computers get 2x more powerful, you can solve one bit more
jurov: so it will really take some time till we arrive to 160 or 256 bits
mircea_popescu: this isn't a universal np problem they're approaching but a well defined subset
jurov: yes, that's also possible.
mircea_popescu: that's i think the motivating factor : one clever idea, lots of value in it.
jurov: oh mp, have you seen i coined a new term befitting teh community? "mining scene"
jurov: we reviewed mining scene
benkay: "I fire twentysomethings of his particular school of mental retardation "
benkay: fire them for making mistakes, or insisting the mistakes are the software's problem?
benkay: (which is actually their problem by proxy they just don't get it)
mircea_popescu: benkay in general it goes EXACTLY like the bitcoin shit went down.
mircea_popescu: new kid wants to improve X with Y supertechnology we old stuffies don't know abou
tiberiusiv: BFL is going to fail to deliver for 2 reasons
MJR__: mircea_popescu: nice article
tiberiusiv: 1) they are short asic 2) they are short BTC 3) they are long USD
benkay: want to talk more about this
benkay: but team lunch impends.
mircea_popescu: in general the way things work in the western world is if you wish to be hired by X you wil be
assbot: [HAVELOCK] [VTX] 1 @ 0.5451 BTC [+]
smickles: asciilifeform: mircea_popescu does have a 'real' business
mircea_popescu: this discussion re hiring/firing ppl has nothing to do with mpex, it's my larger experience
mircea_popescu: i've not yet actually fired anyone at mpex. it's not quite large enough to have a hr to do mishiring
mircea_popescu: tiberiusiv this is a point, they're unwittingly/unintentionally short both asic and btc
smickles: I wan't a scribe to follow me around and record my activities in iambic pentameter
tiberiusiv: mircea: thats why basic failed and covered only 5% of their BTC shorts
jurov: bitvps really fits this mold, once respected company listed on mpex, now something with customer testimony on frontpage with dead link
mod6: i had high-hopes for bvps
jurov: i can't resist trolling them... hosting company with deal customer link on frontpage, wtf?
mircea_popescu: anyway, benkay : new kid wants to impress everyone with his cool skills. is warned about what the failure modes are and what is expected and what to check.
jurov: seem nice tiled background is more important for'em.
mircea_popescu: he proceeds to just code, never check, never design for fault tolerance, nothing
mircea_popescu: coding is a high civilisation adventure, which means quite perverted
mircea_popescu: anyway, im really looking forward to more peeps with business / financial / legal / whoring / etc experience joining btc
mircea_popescu: there's like 1 trillion worth of equipment deployed in support of the net atm
MJR__: but why is the goal to humiliate lol
deadweasel: immediately transferring information across the world instantaneously? it's pretty sweet.
MJR__: way more important to design a good system
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7612 = 2.2836 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.761102 = 7.611 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.761102 = 1.5222 BTC [-]
deadweasel: asciilifeform: are you saying the interwebz is going to arrest and stop working?
mircea_popescu: yes well, if you define the purpose of the net as "exchanging research papers" then it's totally hydropizic.
mircea_popescu: thing is much like btc, the net doesn't have a fixed purpose.
mircea_popescu: they forbid him drink water. he has this elegia about water somewhere, about how great it is
mircea_popescu: and how it sucks to be the emperor and not be able to have a motherfucking glass of water
deadweasel: asciilifeform: it's true, but that would be an improvement
deadweasel: put robots in the mines, teach the miners to program them
deadweasel: unlesss I'm trying to use coinbase or mtgox
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.789 BTC [+]
mircea_popescu: point being : to attack the internet today you need to contend with something 1 trn worth of large.
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.796 = 7.96 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7965 = 7.965 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 14 @ 0.79697 = 11.1576 BTC [+]
mircea_popescu: kakobrekla house. i got a garden and there's also a 2nd floor
tiberiusiv: mircea: have you upgraded to tailored suits yet
assbot: [BTCTC] [ASICMINER-PT] 18 @ 0.8 = 14.4 BTC [+]
mircea_popescu: my suits are handweaved by teary eyed slves out of their own hair!
mircea_popescu: asciilifeform actually there's a lot of macos surprisingly
robonerd: i want to buy in on a asic-based mining op. i only have $200 to invest
mircea_popescu: asciilifeform i think mpex quite clearly showed you don't have to be.
mircea_popescu: and if you choose to be...well... nothing wrong with that.
mircea_popescu: robonerd perhaps asicminer if it's not overvalued iyo.
mircea_popescu: otherwise i don't trust them things personally, but ymmv.
mircea_popescu: asciilifeform even if he had, it'd hum just as nicely.
robonerd: well how can i get in on the bitcoin surge? i'm an apple ios developer, i can write bitcoin related software to help ppl in exchange for btc mining hardware
mircea_popescu: wouldn't be the sole client. you've seen the faq right ?
mircea_popescu: robonerd i don't think anyone's lookingto give away hardware atm
mircea_popescu: one way to get in may be to just buy bitcoin, if you don't think it's overvalued atm
mircea_popescu: Step 4. Your account is now set up, you can use it in full confidence. Yes, this includes the inconvenient step of transferring GPG-encoded strings from a cold machine to a hot machine.
mircea_popescu: in practice most everyone uses a qr gun from what i understand.
mircea_popescu: you setup your signing on one machine, connect another to the internet
mircea_popescu: it's trivial for you to implement a secure system if it's only got one user
mircea_popescu: asciilifeform consider the case of an old laptop you get off ebay for 200 bux, format and install linux on.
mircea_popescu: as long as you don't connect it to the net ever, what's the worst that can happen ?
mircea_popescu: dude, it's a laptop. you don't need to isolate the power :D
mircea_popescu: if you demonstrate key stealing off a laptop i'll give you a btc in bounty
MJR__: yes...so gain physical access
mircea_popescu: yes well, tempest stuff is detecting airplanes and industrial facilities.
mircea_popescu: that's easy : i just walk in there, say hi and hit them across the head.
MJR__: the point is that "security" is a spectrum
MJR__: as stated on mpex FAQ
assbot: [HAVELOCK] [VTX] 1 @ 0.54490001 BTC [-]
MJR__: you define the needs you have with their risks
MJR__: it's all about time spent vs possible loss
mircea_popescu: MJR__ as far as i can see, the job of the provider is to ensure you don't get squished.
mircea_popescu: ie, that the spectrum available includes the zone you as a customer need
MJR__: I think mpex does that well
MJR__: with the key exchanging options
mircea_popescu: and even in that context : a little squishing up is acceptable
tiberiusiv: i dont get why cavirtex is voluntarily going to regulators in canada
tiberiusiv: even charging a sales tax they arent required too
tiberiusiv: not to mention they are using the CAD dollar as a unit of account vs BTC
mircea_popescu: atm btc exchange is done legally in europe by the bitcoin-central ppl
MJR__: well, I personally don't like disallowing weak passwords
MJR__: I like notifying about the relative strength of a password
mircea_popescu: MJR__ yeah. in some broken environments however (such as, the web) you're desperate fgor air however
MJR__: but forcing people to do a harder password leads to stick notes on monitors
MJR__: which is WAY less secure
MJR__: so the policy can lead to the exact opposite effect
MJR__: offer broad range of security options...
MJR__: I personally like pin code for financial transactions plus password for login
MJR__: makes it somewhat difficult enough for attacker but easier for user
mircea_popescu: so basically did asicminer just downgrade theyr "next batch" from 60 gh to 50gh
kakobrekla: i dont even give a fuck anymore about these asic
mircea_popescu: atm they are at about 7gh, and hoping to get together 15
mircea_popescu: so out of 22 gh they put online 7 and are hoping for 15 tops
mircea_popescu: this means 1/3 of their chips blew out during the month ?
MJR__: I think that 3rd wave Avalon might be a good deal still
MJR__: regardless of future difficulty
mod6: i wouldn't believe it until i see it
kakobrekla: so cause of the fog you cant see the shit
mod6: mircea_popescu: yeah i wouldn't put my btc's on it.
mod6: its too bad really, because these things could be awesome, but we have no way of knowing what we're getting or if we'll even get delivery.
mod6: or if it'll even work as advertised
MJR__: seen Avalon with my own 2 eyes
kakobrekla: do the coins falling out cause much noise?
MJR__: it's getting around 8 coins per day
MJR__: such a racket with coins piling up everywhere
jcpham: firstadopterponzicoinasic
mircea_popescu: bitcoin foundation should comission a statue group of usagi and deprived
jborkl: I don't understand usagi math
jborkl: and why anyone would even care about $2400 worth of silver is beyond me
mircea_popescu: i also don't see where you get 2,4k ? no way he has 80oz
jborkl: I dont get why anyone would list a asset of 2400
smickles: I had people like deprived looking at my statements, ya know that they said?
jcpham: start an asset or something?
smickles: they said they lookd good and asked me what program i used to generate them
jborkl: he says 80 oz silver with 800 shares in the float and 43btc in debt
jcpham: what the fuck is 80 oz of silver anyways
jcpham: mircea_popescu have you seen the amagi metals silver bullets?
jcpham: when they were basing coinabul
jcpham: it's a silver knock off
jcpham: i wish it was primer + case
mod6: lol: One ounce .45 ACP silver bullet.
jcpham: what else am i going to buy with bitcoin
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.8 = 5.6 BTC [+]
mod6: i might of had to get a few for the G21
jcpham: it is a mold of a .45 round if i understand it correctly
smickles: i used to know a guy who mad a few silver 22 bullets for the fun of it
jcpham: keep one in the chamber you know
mircea_popescu: "I need 2btc will repay 2.5 btc My name is very well known "
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78 BTC [-]
mircea_popescu: "Its kind of a personal website for me and my girlfriend. We are a webcam couple on chaturbate.com and we are trying to expand into the bitcoin world. cam4btc is a great idea and we are willing to promote the site on ours, but our site is just a way to promote my girlfriend and what all she is willing to do on cam"
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.28837301 = 288.373 BTC [+]
mircea_popescu: "Btw, I have bought the domain and have hosting now. So that is where I am at. Now I am currently looking for someone who would like to help build the site. For now it would be a very small 1 page project. That will later have a forum and gallery. But for now, If you'd like to help build me a simple front page, let me know. I do not have much experience in website design."
jborkl: he should ipo that, lol
jcpham: "but our site is just a way to promote my girlfriend and what all she is willing to do on cam"
jcpham: that sentence gives me chills
jcpham: what a fucking weakling
assbot: [MPEX] [O.BTCUSD.C490T] 500 @ 0.3163976 = 158.1988 BTC [+]
jcpham: he could learn to phrase things better
jborkl: sounds like a glbse ipo
mircea_popescu: that poor girl, incidentally, i'd push her a hundred just to get out of the mess.
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06812163 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.044 = 0.088 BTC [-]
jurov: reminds me to the russian who posted photo of his wife in underwear in front of rigs
assbot: [MPEX] [O.BTCUSD.C510T] 256 @ 0.28837301 = 73.8235 BTC [+]
mircea_popescu: the guy to whom i sent like a btc and republished his story and he was wtf happened
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.19305144 / 66.64583078 / 67.37931378 (39043 shares, 9,008.62 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [HAVELOCK] [VTX] 4 @ 0.54489999 = 2.1796 BTC [-]
jborkl: No.. but she is a mommy, we have a 4 year old son. And I ran a BitCoin Review Site for a little while, but that kinda faded away, not much going on there.
mircea_popescu: incredible : oix call side is like 15 btc under oix put side
jurov: or result of lack of calls with appropriate strike
jurov: so puts get shorted instead
deadweasel: >>I am definately good for the loan, i will give personal info. that isnt a problem<<
jurov: i just say that calls striked > 75 would certainly sell atm and would affect the oix if they were available
assbot: [MPEX] [S.MPOE] 1000 @ 0.00069245 = 0.6925 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00069242 = 0.6924 BTC [-]
assbot: [MPEX] [S.MPOE] 11500 @ 0.00069241 = 7.9627 BTC [-]
jurov: so i don't get why it's surprising that oix is crossed
jurov: 100,200,500 as i said already :DDD
mircea_popescu: but anyway, my q was more, are yo uactually looking to buy and can't or just general discussion ?
mircea_popescu: cause i can add them, but kinda don't see the point, will have to change the notation anyway and that needs to wait till expiry.
jurov: not very much atm, but id' definitely bought 100 next month at least
jurov: but i'm not asking you to add them asap
jurov: just i don't get the crossed oix comment
mircea_popescu: yeah, i think atm what i'll do is either 20-200 step 3
jurov: to me it seems obvious
smickles: mircea_popescu: oh please keep that trailing 0 in the mpsic, i don't want to recode things
mircea_popescu: you'll have to recode things else everyone will have to keep typing a useless 0 all the time
assbot: [HAVELOCK] [VTX] 11 @ 0.54489999 = 5.9939 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8099 BTC [+]
smickles: bah, well, it's not that big of a deal anyway
mircea_popescu: i guess i better make a general warning about this too huh.
smickles: ideally, you should have 6 strikes, 3 each side one standard deviation further away from the last
smickles: problem is, bitcoin goes thru 8 stddevs sometimes
jurov: step 5 is OK. but definitely please either announce it first or make sure all new mpsic are different from current
jurov: if anyone holds the options, i mean. just renaming C250T into C025T and creating new C205T would cause utter chaos in coinbr database
mircea_popescu: but the idea is, nobody will hold anything because it will be opex
jurov: next month options then
jurov: so i can expect C200N to become C020T ?
mircea_popescu: those may pose a problem yes. there's like 50 or so total contracts outstanding.
assbot: [BTCTC] [GSDPT] 10 @ 0.00375 = 0.0375 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.00359 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.4937 = 1.9748 BTC [+]
assbot: Um, shouldn't you be with your own tribe or somethin'?
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.19305144 / 66.68349399 / 67.41250707 (39299 shares, 9,082.45 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: Last trade for VTX on HAVELOCK was at 0.54489999 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.54321 = 2.7161 BTC [-]
assbot: [HAVELOCK] [VTX] 4 @ 0.5449 = 2.1796 BTC [+]
assbot: [HAVELOCK] [VTX] 31 @ 0.54490001 = 16.8919 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00423294 = 4.2329 BTC [-]
assbot: [MPEX] [S.DICE] 3350 @ 0.00423293 = 14.1803 BTC [-]
mpexbot: mod6: Bids: ['250 @ 0.00380002', '250 @ 0.00380002', '250 @ 0.00380001', '100 @ 0.00320005', '100 @ 0.00320004']
mpexbot: mod6: Asks: ['250000 @ 0.0044', '4484 @ 0.00444443', '1000 @ 0.00449999', '60000 @ 0.0045', '1000 @ 0.00499979']
mod6: 250k @ .0044, time to back the truck up?
assbot: [MPEX] [S.DICE] 1 @ 0.00380002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 17 @ 0.8098 = 13.7666 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.4938 = 1.9752 BTC [+]
unbalanced: Lower highs and lower lows since late yesterday for BTC/USD on Mt. Gox.
assbot: [HAVELOCK] [SDICE] 10 @ 0.5 = 5 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8098 = 1.6196 BTC [-]
mod6: ok my stuff is ok with that change.
mod6: its agnostic to the nomanclature of the MPSIC
mod6: it just get's 'em and displays them
mod6: or if you put one in, it'll match it.
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.45898 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 100 @ 0.1505 = 15.05 BTC [-]
gribble: BTCUSD ticker | Best bid: 66.00000, Best ask: 66.50000, Bid-ask spread: 0.50000, Last trade: 66.00000, 24 hour volume: 67515.82621468, 24 hour low: 66.30000, 24 hour high: 73.74999, 24 hour vwap: 71.33874
mod6: mircea_popescu: *nod*
mod6: seems to be good support down to $60 though
gribble: There are currently 13803.831 bitcoins demanded at or over 60.0 USD, worth 865440.635754 USD in total. | Data vintage: 0.0071 seconds
Namworld: wouldn't be the first 10k BTC drop at market price that pops right back up
mircea_popescu: "MPOE-PR, You are an incredibly stupid person to be so well written. Did you have an accident, like a blow to the head?"
dub: ^nobody knows wtf the depth is
assbot: [BTCTC] [BITVPS] 100 @ 0.004 = 0.4 BTC [+]
assbot: [HAVELOCK] [VTX] 15 @ 0.54490001 = 8.1735 BTC [+]
assbot: [MPEX] [O.BTCUSD.P730T] 17 @ 0.12393099 = 2.1068 BTC [-]
jurov: well, any better way to suggest a price when exchange interface is unavailable?
jurov: well, it's actually the coinbr feature i like most.. having whole orderbook right on new order page
jurov: if it doesn't load it's like flying blind :D
mod6: heh i've got bad data
assbot: [BTCTC] [S.DICE-PT] 11 @ 0.00469 = 0.0516 BTC [-]
Namworld: Happens every friday. Some herd-mind creatures all go nuts every friday because they worship some natural event they provoke.
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34 BTC [+]
assbot: [MPEX] [O.BTCUSD.P730T] 14 @ 0.12565086 = 1.7591 BTC [+]
gribble: BTCUSD ticker | Best bid: 67.00000, Best ask: 68.50000, Bid-ask spread: 1.50000, Last trade: 68.50000, 24 hour volume: 68088.46052488, 24 hour low: 65.88000, 24 hour high: 73.74999, 24 hour vwap: 71.29410
assbot: [BTCTC] [BITVPS] 1 @ 0.00464 BTC [+]
gribble: BTCUSD ticker | Best bid: 69.02127, Best ask: 70.00000, Bid-ask spread: 0.97873, Last trade: 70.00000, 24 hour volume: 73864.51626862, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.87635
Bowjob: the flash crash woke me up
gribble: BTCUSD ticker | Best bid: 69.02230, Best ask: 69.80000, Bid-ask spread: 0.77770, Last trade: 69.80000, 24 hour volume: 74785.18483392, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.86350
mod6: i think its awesome that btc gets people out of bed
mod6: reminds me of when I used to sleep behind the servers in the NOC
mod6: (its warm back there!) lol
error4733: sade to see how just a 5K dump can cut 10%
mircea_popescu: error4733 that's the case pretty much across the spectrum
mpexbot: mircea_popescu: Bids: ['250 @ 0.00380002', '249 @ 0.00380002', '250 @ 0.00380001', '7000 @ 0.003308', '100 @ 0.00320005']
mpexbot: mircea_popescu: Asks: ['4484 @ 0.00444443', '1000 @ 0.00449999', '60000 @ 0.0045', '13055 @ 0.00499977', '1000 @ 0.00499979']
error4733: i stop to hurt myslef to follow SD price
Bowjob: profit for march is about 1k BTC right now
mircea_popescu: the cause is pretty much the lack of stabilisation agents.
mircea_popescu: irl there's all the people doingfinancial planning, advising for clients,
mircea_popescu: in here there's basically a bunch of coders running around like headless chickens implementing random shit
Doffx: Err, how would that guy know unless he was the seller
Doffx: Or new of the sale to come
Doffx: I guess I answered my own question really.
smickles: Doffx: prolly just an elliot waver
Doffx: What is an elliot waver?
Bowjob: isnt that what lucif does
smickles: Bowjob: that's what most all of them do
Bowjob: how come that guy called it correctly, that lucif dude always fucks it up
gribble: Next difficulty estimate | 6570267.53609 based on data since last change | 7684587.17947 based on data for last three days
Bowjob: as a result, i go opposite of his forcasts
smickles: it's complicated enough that people don't understand it enough that confirmation bias sets in
assbot: [HAVELOCK] [SDICE] 10 @ 0.524 = 5.24 BTC [+]
Bowjob: honestly i think TA mostly charlatans
smickles: plus, it basically says, at each key point, it can go either way
Bowjob: it could be my own personal incredulity setting in
error4733: drop 15k from your stach and drive it to 60$...
gribble: BTCUSD ticker | Best bid: 69.23770, Best ask: 69.73998, Bid-ask spread: 0.50228, Last trade: 69.23770, 24 hour volume: 75455.72439051, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.82006
Bowjob: but if those TA analysts know whats going on, they wouldnt sell to ppl their subscriptions
gribble: A market order to sell 15000 bitcoins right now would net 966129.1306 USD and would take the last price down to 61.0000 USD, resulting in an average price of 64.4086 USD/BTC. | Data vintage: 0.0013 seconds
smickles: Bowjob: rationally, yes. they would even borrow money to do it themselves
assbot: [HAVELOCK] [VTX] 8 @ 0.54490001 = 4.3592 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8098 BTC [-]
smickles: it would even make sense for them to borrow at hight rates, b/c their profit margin would overcome it
error4733: this guy now had a nice new file open on his name with a IRS icon on top
tiberiusiv: bowjob: that arguement is wrong. same reason ASIC builders wouldnt sell
smickles: error4733: isn't that guy in canada?
tiberiusiv: selling a TA subscription is like selling call options
smickles: care to explain why that line of reasoning is included in the valuation of call options then?
mircea_popescu: mpex happens to have introduced shorting in btc finance,
mircea_popescu: where;s this "i have no clue thus therefore i know better" attitude come from already!
assbot: [MPEX] [S.MPOE] 1000 @ 0.00069242 = 0.6924 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00069242 = 0.6924 BTC [+]
assbot: [MPEX] [S.MPOE] 4116 @ 0.00069241 = 2.85 BTC [-]
assbot: [MPEX] [S.MPOE] 546 @ 0.00069172 = 0.3777 BTC [-]
assbot: [MPEX] [S.MPOE] 8800 @ 0.00068839 = 6.0578 BTC [-]
assbot: [MPEX] [S.MPOE] 2338 @ 0.0006825 = 1.5957 BTC [-]
tiberiusiv: mpex finally coming off its overvaluation
Bowjob: "a bitcoin is worth $72.50? are there any smaller denominations because otherwise these things wouldn't work that well outside large transactions. i.e. I'm not buying a pizza with 1 bitcoin when it means I'm giving the pizza joint a $58 tip."
Bowjob: "Maybe they can come up with a bitbitcoin worth $25.00 ..."
assbot: [HAVELOCK] [VTX] 5 @ 0.5451 = 2.7255 BTC [+]
Bowjob: watching clueless people talk about bitcoin
smickles: i can come up with a bitcoin worth 25 usd if you'll sell it to me
mircea_popescu: "here's this thing i have no idea about. let me tell you how it goes"
mircea_popescu: you know where all this gets started ? i bet you it's the insane habit of teaching kids to "guess" words based on context
error4733: after 100$ i guess we start to talk in cents ? Cbtc
Bowjob: i happened to do well in english classes back in the day
Bowjob: well shit happens when you go out of school lol
mod6: mircea_popescu: yeah i dunno what that guy is on
Bowjob: "Well, congress uses imaginary money, so why not?"
Bowjob: ""digital currency"? What's backing it? Ok, boom, I just made-up 6,000 bitcoins... keep the change!"
mpexbot: jurov because a. its much easier to parse and b. because the bot
mod6: (15:02) < mircea_popescu> "o no, too busy yakking" << yeah like wt
jurov: mpexbot is repeating itself
jurov: i remember he generated exactly the same text once
smickles: jurov: i think it's stopped adding new data for some reason
Bowjob: "digital currency"? What's backing it? Ok, boom, I just made-up 6,000 bitcoins... keep the change!
smickles: it's not a priority for me to figure it out
mod6: that pete earle guy has it figured ou though
jurov: i guess [\\\] borkt it... cause of the backlashes
smickles: jurov: heh, that would be funny actually
jurov: little imsa tables we call him
Bowjob: I dreamt that I got an asic, and I found a block
smickles: mpoebot is widening margins by leaps and bounds
gribble: BTCUSD ticker | Best bid: 70.30000, Best ask: 70.40000, Bid-ask spread: 0.10000, Last trade: 70.30000, 24 hour volume: 75252.45726239, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.77809
benkay: deadweasel u still at work?
benkay: come hang out at bailey's, cuz
deadweasel: no, the woman is on the phone with her mother.
Bowjob: yeah, bears got trampled upon once again
deadweasel: how can you talkto your mother for that long?~?!
benkay: is there a channel for humans writing bitcoin software?
benkay: i don't mean bitcoin-dev
benkay: the pedants in this area
Bowjob: i believe proudhon saved us from the crash.. he called BTC dropping
Bowjob: guys.. does anyone recall bfl josh saying he will commit seppuku if bfl asics dont get delivered by april?
assbot: [BTCTC] [GSDPT] 1 @ 0.00443 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.00444 = 0.0444 BTC [+]
assbot: [BTCTC] [BITVPS] 100 @ 0.006 = 0.6 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8098 = 1.6196 BTC [-]
gribble: BTCUSD ticker | Best bid: 69.50001, Best ask: 69.76622, Bid-ask spread: 0.26621, Last trade: 69.50000, 24 hour volume: 76705.51077553, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.74349
error4733: haha " You wouldn't have to commit Seppeku. You'd have an angry mob with pitchforks and flaming torches at the door....."
Bowjob: so basically we need to have him take a bath,
Bowjob: and we feed him his favourite food
Bowjob: then after that he performs hara kiri
Bowjob: we need a skilled swordsman as his second though...
error4733: i thinks a rafle for this joob is good idea
Bowjob: well, they need to perform it correctly. basically you want to cut his head, but with a little bit of flash left so that his head wont roll
Bowjob: since apparently heads rolling is unsightly in front of spectators and not graceful
Bowjob: he has to stab himself from left, dragging the knife to his right,.. and pulling up his abdomen. after which, the pain would be so unbearable, that he would naturally elongate his neck for the swordsman
assbot: [HAVELOCK] [VTX] 3 @ 0.545088 = 1.6353 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.545099 = 1.6353 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.5451 = 1.0902 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8 = 2.4 BTC [-]
benkay: wow a 700 dollar reward?
ThickAsThieves: lol at your wife checking your history and seeing "rape picz"
benkay: lol at anyone who has women in their life who are privileged to review history
gribble: BTCUSD ticker | Best bid: 68.71999, Best ask: 68.72000, Bid-ask spread: 0.00001, Last trade: 68.72000, 24 hour volume: 77413.54084361, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.70434
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.199999 BTC [+]
assbot: [MPEX] [O.BTCUSD.C310T] 2 @ 0.56246444 = 1.1249 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.34 = 1.02 BTC [+]
assbot: [BTCTC] [GSDPT] 35 @ 0.00448 = 0.1568 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00449 BTC [+]
assbot: [BTCTC] [GSDPT] 5 @ 0.004587 = 0.0229 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.004636 BTC [+]
assbot: [MPEX] [S.MPOE] 6700 @ 0.00068477 = 4.588 BTC [+]
assbot: [MPEX] [S.MPOE] 7662 @ 0.0006825 = 5.2293 BTC [-]
assbot: [MPEX] [S.MPOE] 788 @ 0.00068249 = 0.5378 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 5 @ 0.2 = 1 BTC [+]
gribble: Current Blocks: 227471 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 336 blocks | Next Difficulty In About: 1 day, 10 hours, 54 minutes, and 32 seconds | Next Difficulty Estimate: 6569364.63317 | Estimated Percent Change: 35.51656
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8097 BTC [+]
ThickAsThieves: so do you guys think the trend of btc rising with mining diff will hold as we spike higher on diff?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8097 = 1.6194 BTC [+]
smickles: if anything price lags behind diff as the miners try to sell at profitable rates, but for a while, i think most miners have not been cashing out. so it's not a good metric
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8097 = 1.6194 BTC [+]
ThickAsThieves: that sorta means it goes up either way, no? of course that's been the best guess for a while now...
assbot: [BTCTC] [COGNITIVE] 7 @ 0.16 = 1.12 BTC [+]
smickles: well, everytime since ~jul 2011, when it gets this profitable to mine, it begins to be a lot less profitable to mine. caused by eithr diff increase or price drop. since we expect the diff to increase, the price may stabilize
smickles: maybe it works like this because large mine-ops want to exptect and force a given profit leve once they startup
smickles: maybe 65-75 will be the range for a while
MJR__: what's new mircea_popescu
mpexbot: mod6: 1 day: average: 0.00069382 high: 0.00072101 low: 0.00068249 volume: 79772 btc: 55.34760872 7 day: average: 0.00071976 high: 0.00077505 low: 0.00066743 volume: 3194689 btc: 2299.41829871 30 day: average: 0.00071193 high: 0.00078628 low: 0.00061614 volume: 35374137 btc: 25183.935095
mircea_popescu: "1. The entity may have discovered a method for increasing mining ROI, and essentially, is earning its 50 bitcoins per block"
benkay: what's the deal with the empty txns tho
ThickAsThieves: couldnt they just further develop the stabdard bitcoin client to mine again, except take it further than cgminer, make it even easier to use and autodetect GPU/CPU power etc
benkay: not entirely a bad idea
mod6: that guy is smoking crack
mod6: because its not all bots, i know for sure, because im not a bot - at least I don't think i am...
mircea_popescu: mod6 he's talking about the 15% miner that used to make empty blocks
ThickAsThieves: It essentially was warning that one of my computers may have been compromised and is exhibiting bot activity
mod6: oh we're talkin bout different things -- im talking about that twitter dillhole
ThickAsThieves: also the idea of giving every bitcoiner mining power, ties in well with the idea of letting people mine to expedite their own transactions
benkay_: and zero battery instantly
smickles: ThickAsThieves: it would would probably have a very small impact
smickles: it would waste people's electricity and longevity of their computers
smickles: they would, and it would still be a waste ;)
ThickAsThieves: i do think this kind of thinking can help mitigate the problem
ThickAsThieves: but maybe every cell phone gets a couple 5th gen asic chips
MJR__: I had a great talk last night with Yifu
MJR__: there will be a next wave of more optimized
MJR__: someone will do it
mircea_popescu: "Later update : The article originally used the word “photochop”. This is wrong, because the more photoshop is consistently used the closer Adobe gets to losing that trademark through it becoming generic. Please help the effort of stripping Adobe of its assets by always referring to altered images as “photoshops” rather than anything else. Thanks."
benkay: wow and how the fuck am i supposed to know from the bitfunder website what this so-called "asset" actually is?
assbot: [MPEX] [S.MPOE] 18728 @ 0.0007121 = 13.3362 BTC [+]
Ukto: benkay: details tab
Ukto: apparently he took the sell down to fix it
benkay: using Bitcoins to talk about bitcoins
benkay: "we will also be buying shares of asic miner as they become reasonably priced"
benkay: i herd u liked gambling
Ukto: heh, its their choice
Ukto: most things in bitcoin world are gambling
Ukto: of some form or another
benkay: bitcoins have inherent value tho bro
Ukto: yeah, sell it one day
Ukto: the next day its double value
assbot: [HAVELOCK] [SDICE] 5 @ 0.4940001 = 2.47 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.49400001 = 9.88 BTC [-]
benkay: you can't gamble with a thing's inherent value
benkay: that was going to take too much energy.
gribble: BTCUSD ticker | Best bid: 69.75500, Best ask: 69.99999, Bid-ask spread: 0.24499, Last trade: 69.99999, 24 hour volume: 73192.71947822, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.64505
gribble: A market order to sell 15000 bitcoins right now would net 974132.1233 USD and would take the last price down to 62.0000 USD, resulting in an average price of 64.9421 USD/BTC. | Data vintage: 0.0018 seconds
gribble: There are currently 0 bitcoins demanded at or over 75.0 USD, worth 0.0 USD in total. | Data vintage: 28.0741 seconds
gribble: There are currently 18428.25 bitcoins offered at or under 75.0 USD, worth 1356900.05522 USD in total. | Data vintage: 35.7716 seconds
benkay: jurov, you expect AMC to keel over?
jurov: just waiting for some reaction
jurov: but they indeed have some right ingredients
assbot: [BTCTC] [PAJKA.BOND] 20 @ 0.09 = 1.8 BTC [-]
benkay: right ingredients for what?
benkay: what ingredients tripped your filters?
jurov: "The team has been involved with the Bitcoin project since 2009"
jurov: but no url, website, project, anything
jurov: benkay such things really needs explanation?
mircea_popescu: two years later it's "we've been lurking since two years ago"
benkay: i'm always interested in hearing about others' filters
benkay: but the cool thing about mental immune systems is that they peer-bootstrap
jurov: AMC stands above all others as the most trusted ASIC Bitcoin Mining Cooperative and ASIC Developer.
jurov: all scammers are full of trust
jurov: i think the word "trust" isn't even mentioned on coinbr website for example, quite the opposite
benkay: not calling your shop bullshit, jurov. describing actions of actors in community.
jurov: no, i was not implying that
mircea_popescu: he has a point tho. narcissism, niceness and all the rest of the social proof stuff correlates with social engineers.
benkay: the close on that quote is "gangsters walk"
smickles: anytime anyone says 'thank you' they are just trying to get you to do more shit for them in the future :P
benkay: why do you think I thank everyone for the things they do for me?
mircea_popescu: today waitress gave me check, made change, i refused it and instead of thank you
benkay: it's just manners, man
benkay: you probably tipped something absurd
smickles: oh, it's manners? so you are trying to put yourself in a seperate class :<
mircea_popescu: (also i've been there miltiple times but this iirc was the first time when i was alone)
benkay: there are already separate classes, smickles
benkay: some are born into them,
smickles: above me! ha! i has no manners
benkay: it's all just signaling
assbot: [MPEX] [S.MPOE] 1013 @ 0.0007121 = 0.7214 BTC [+]
assbot: [MPEX] [S.MPOE] 25685 @ 0.00070622 = 18.1393 BTC [-]
smickles: in all srsness, manipulating people that way is almost always benificial and should be done
assbot: [MPEX] [S.MPOE] 11900 @ 0.00068941 = 8.204 BTC [-]
smickles: it might even be such a good thing that it's why our species has done well
mircea_popescu: incidentally, why do people say "let's do it again sometime" instead of "thank you" :D
smickles: mircea_popescu: they probably just mean the same thing
smickles: or they are just letting the matrix slip out a little
mircea_popescu: see, kako is manipulating me into having sex with his gf.
smickles: mircea_popescu: my wife declined your invitation to romania for sex dungeon activities
mircea_popescu: wait. i forgot all about this. when was she scheduled to appear ?
smickles: well, considering it was a joke, i don't think we made solid arrangements
mircea_popescu: Mar 22 19:44:50 <benkay> 99% of the time you're serious
mircea_popescu: now im gonna have to call my berber connection, kidnam moar circassian chix
assbot: [BTCTC] [BTC-BOND] 3 @ 0.009899 = 0.0297 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01989 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.0199 BTC [+]
assbot: [MPEX] [S.MPOE] 10794 @ 0.00068613 = 7.4061 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.8096 = 4.8576 BTC [-]
jurov: AMC CEO/CTO, Kenneth(Ken) E. Slaughter - that's true name?
assbot: [BTCTC] [COGNITIVE] 1 @ 0.15 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.00404 = 0.0404 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00403 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00402 = 0.0804 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009899 BTC [+]
benkay: "no salaries will be paid as an expense"
mircea_popescu: don't trust anyone from Argentina or Brazil; or Russia or Ukraine, etc.
mircea_popescu: "a good deal is rarely time sensitive." that's plain untrue.
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.8096 = 5.6672 BTC [-]
benkay: homie has 3 linkedin connections
benkay: a self-described "experienced software executive"
benkay: he may actually have some cloud experience
mircea_popescu: you know they have "Executive toilets" in the states now ?
benkay: "I have people for that"
benkay: they bring a new level of professionalism to executing your movements
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8096 BTC [-]
mircea_popescu: "For this type of service (and most others) #bitcoin-otc is old and completely irrelevant."
assbot: [HAVELOCK] [VTX] 1 @ 0.5499 BTC [+]
benkay: bitcoin-otc is currently involved in a biblical discussion
tiberiusiv: mircea: romania needs to be added to that list
benkay: given the state of the crap that is otc
assbot: [MPEX] [S.MPOE] 5400 @ 0.00068249 = 3.6854 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.528999 = 1.058 BTC [+]
gribble: BTCUSD ticker | Best bid: 69.12739, Best ask: 69.48999, Bid-ask spread: 0.36260, Last trade: 69.12740, 24 hour volume: 71874.62529399, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.57386
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34 = 0.68 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.5289 = 2.6445 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.5499 = 2.7495 BTC [+]
jurov: ThickAsThieves i'm here.. thanks to psu failure
jurov: hopefully nobody noticed
assbot: [MPEX] [S.MPOE] 14850 @ 0.00068249 = 10.135 BTC [-]
jurov: wish you good luck but i think it doesn't work that way xD
jurov: better to lurk till someone comes and asks
jurov: here, on -otc, on reddit, and else
assbot: [HAVELOCK] [SDICE] 2 @ 0.528999 = 1.058 BTC [+]
jurov: is he around ? or i can look up deprived's code for you?
jurov: his refcode is: 86wnxLBgte
jurov: hope he won't be angry that referral credits will mess with his neat accounting :)
benkay: all the money in the world
benkay: and mircea_popescu spends his time browsing prole food review sites
benkay: a new kind of slumming.
benkay: apologies for blacktape noise, all
assbot: [HAVELOCK] [SDICE] 1 @ 0.5289 BTC [-]
benkay: but in the grand tradition of bitcoin-assets
benkay: today we test in production
assbot: [MPEX] [S.MPOE] 8883 @ 0.00068326 = 6.0694 BTC [+]
jurov: yea. and replugging PSU's on live servers.
jurov: well, all seems fine now, any other coinbr-related requests?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8095 BTC [-]
jurov: so, goodnight then
Namworld: About the AMC thing, I like the name on the invoice for their ASIC miners.
assbot: [MPEX] [S.MPOE] 11421 @ 0.00068249 = 7.7947 BTC [-]
assbot: [MPEX] [S.MPOE] 7414 @ 0.000675 = 5.0045 BTC [-]
Namworld: The name is promising for investors.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8095 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01401 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 3 @ 0.000678 = 0.002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.78211 = 4.6927 BTC [-]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00068326 = 1.9815 BTC [+]
assbot: [BTCTC] [BITVPS] 100 @ 0.005 = 0.5 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.0048 BTC [-]
assbot: [BTCTC] [BITVPS] 100 @ 0.004 = 0.4 BTC [-]
assbot: [BTCTC] [BITVPS] 100 @ 0.003 = 0.3 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.5499 = 1.6497 BTC [+]
gribble: BTCUSD ticker | Best bid: 68.54301, Best ask: 68.99999, Bid-ask spread: 0.45698, Last trade: 68.99999, 24 hour volume: 68403.53313381, 24 hour low: 65.00000, 24 hour high: 73.74998, 24 hour vwap: 70.35406
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.16975919 / 66.68063398 / 67.41250707 (39315 shares, 9,083.51 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [MPEX] [S.MPOE] 4978 @ 0.00068102 = 3.3901 BTC [-]
Namworld: next month 1000, two month from then, 1 000 000
Namworld: exponential growth and whatnot
Namworld: I wonder where it would actually be if we calculated the exponential curve's formula and determined the expected price in 2 months based on that...
Namworld: then on month 3, 0.01 per BTC, the month after 666 per BTC
Namworld: at which point humanity gets diagnosed with insanity and gets locked away on a rock floating in space.
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.78211 = 11.7317 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.78211 = 3.9106 BTC [-]
Namworld: (clarification notes: I'm getting tired of the price going wild)
assbot: [MPEX] [S.MPOE] 18622 @ 0.00068102 = 12.682 BTC [-]
assbot: [MPEX] [S.MPOE] 778 @ 0.000675 = 0.5252 BTC [-]
cads: hey guys, I'd like to learn about the leading thinkers in the BTC assets realm, and learn about the current state of the art
cads: I have a couple professors as school which I am prepared to bug about how we may build options valuation on top of BTC options
cads: but I'm actually pretty ignorant about the topic and would love to talk to someone that could help me sketch out the expected phases if a research project intending to produce option valuation model
cads: I think it may be difficult to do this absent a risk free interest rate, but I'd love to hear someone's enlightened thoughts on that
Namworld: Could you give some more details about what you'd like to know exactly?
cads: mostly I'd like to hear ideas about how the design of BTC currency Options will likely proceed
cads: and to discover what my best next action should be
Namworld: Well there's already plenty of options for BTC
Namworld: I can't really see much more that what's already available.
cads: hrm, I should make it clear that I want to design valuation methods for BTC options
Namworld: hmm... valuation methods? In what sense?
cads: well, for example, the Black-Scholes formula tries to give a price for European-style options.
assbot: [HAVELOCK] [SDICE] 4 @ 0.529 = 2.116 BTC [+]
Namworld: hmm... perhaps you could ask mircea. MPEx's bot happens to put bids and asks on options traded at the exchange. I am unsure how it is done.
Namworld: Although it's probably proprietary.
Namworld: and not going to be disclosed.
cads: sounds cool, thanks Namworld
mircea_popescu: cads you can probably start by reading up on mpoe, yea.
mircea_popescu: there's been ~2mn notional traded this month, should count for something.
Namworld: He wants to know how to valuate options tho... not an easy thing to answer
Franktank: Has anyone heard about the new AMC IPO on BitFunder? Curious on other folks thoughts
mircea_popescu: tho what he stated was "the current state of the art". well... the current state of the art is 356`139 option contracts traded this month.
mircea_popescu: Franktank i've seen some not so impressed people comment but i've not looked into it myself.
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067912 = 3.3956 BTC [+]
assbot: [MPEX] [S.MPOE] 16808 @ 0.000675 = 11.3454 BTC [-]
Franktank: Just saw it recently, they appear to be banking their initial revenue on incoming Avalon units (batches 2 and 3) and R&D on an ASIC chip
Franktank: Startups appear to be the rage these days
Namworld: I have a hard time believe R&D part.
mircea_popescu: Franktank really, they do ? i've not seen a good start-up in months.
mircea_popescu: or you mean, the rage as to what's a good something to pretend you're doing these days ?
cads: mircea, I am unfamiliar with mpoe. Main point of entry?
mircea_popescu: MPOE has been trading btc/usd options since august 2011, there's published monthly reports etc.
cads: hey mircea, what's BTC like in romania?
cads: if you think we don't have technogypsies you're wrong
gribble: Error: "mtgox" is not a valid command.
gribble: Error: "gox" is not a valid command.
cads: ;;calc 356139 * [mt-gox --last]
gribble: Error: "mt-gox" is not a valid command.
gribble: BTCUSD ticker | Best bid: 68.10000, Best ask: 68.24000, Bid-ask spread: 0.14000, Last trade: 68.10000, 24 hour volume: 69191.85990614, 24 hour low: 65.00000, 24 hour high: 73.70000, 24 hour vwap: 70.19614
tiberiusiv: mircea: how safe is supercar ownership in romania?
tiberiusiv: mircea: so what do the girls say about a multi millionaire using 15 year old CRT monitors and staying in littered rooms?
cads: mircea_popescu: thanks for linking me to the charter
jcpham: am i missing eskimobob right now?
tiberiusiv: franktank: i thought avalon was using batch #2 money to pay for batch #1
jcpham: will he show up if i say his name?
tiberiusiv: and hoping profits make up the shortfall
cads: mircea_popescu: are the american romanian girls just all the pretty girls from romania, or are the girls even prettier back home?
tiberiusiv: cads: most romanians immigrate to canada
mircea_popescu: tiberiusiv amusingly, asicminer is using batch 2 chips to make up for blown batch 1 and avalon is using batch 2 money to pay for batch 1. it's like... all the same company.
cads: tiberiusiv: this is why I always thought it strange to find myself in georgia!
cads: aka red neck capital of the world
assbot: [MPEX] [S.MPOE] 2618 @ 0.00067092 = 1.7565 BTC [-]
assbot: [MPEX] [S.MPOE] 1582 @ 0.00068326 = 1.0809 BTC [+]
cads: mircea_popescu: oh dear jesus both please!
cads: mircea_popescu: they look like conjoined sisters
cads: both sprouting out of that gorgeous butt
mircea_popescu: i thought im the only one that still remembers that old codger
cads: famous photography. Titled "3 Graces"
cads: they're all undergrads
cads: mircea_popescu: you're correct
cads: the correct answer is "I"m sorry, none of them have PhDs"
cads: mircea_popescu: I only know a little lore about him - I'm not a student of MIT
mircea_popescu: ah. right, you said school earlier, what school is that ?
cads: mircea_popescu, I think I must have seen your name around the BTC sites and community before today.
cads: that or you've published some paper or something
cads: what's your academic background?
cads: hah, a nice yet tractable jump to BTC :)
cads: hey mircea, Namworld mentions that you run an automatic optinos trading bot. Would you mind attesting to the veracity of that fact?
cads: ah yes, optinos - the quantum unit of financial options.
cads: mircea_popescu: if you do not wish to mention any details about it that is perfectly fine
cads: not before right now
cads: hey mircea_popescu, I just noticed the romanian version of your charter
assbot: [HAVELOCK] [VTX] 7 @ 0.5499 = 3.8493 BTC [+]
assbot: [HAVELOCK] [VTX] 6 @ 0.5499 = 3.2994 BTC [+]
assbot: [HAVELOCK] [VTX] 9 @ 0.55 = 4.95 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.55 = 2.75 BTC [+]
Namworld: VTX doing incredibly well I believe
assbot: Yeah. No damn tobacco, that's for sure.
assbot: [HAVELOCK:VTX] 1D: 0.44980000 / 0.52045992 / 0.55000000 (308 shares, 160.30165433 BTC), 7D: 0.38280000 / 0.39820061 / 0.55000000 (10343 shares, 4118.58893151 BTC), 30D: 0.38280000 / 0.39820061 / 0.55000000 (10343 shares, 4118.58893151 BTC)
cads: mircea_popescu: as of this moment what I see when I look at mpex.co is a hellacious mass of legal jargon smattered with quantitative data readouts :)
mircea_popescu: anyway, the O.BTCUSD stuff, those are all option lines
cads: I'm glad I'm not hallucinating, then. :)
mircea_popescu: mpex stands as an insult to the intelligence of the average voter.
cads: mircea_popescu: oh thanks to dogs there is a faq.
assbot: [HAVELOCK] [VTX] 2 @ 0.564555 = 1.1291 BTC [+]
cads: who the fuck coded all this?
cads: I want to shake his hand and punch him at the same time
cads: no offense, if this is you
cads: I may even mean that as a compliment
mircea_popescu: a good section of tools etc were actually developed by community peeps
mircea_popescu: like pympex, coinbr, there's also a windows gui and a phone one in the works
cads: I can generally eventually converge on an understanding of technojargon, even without help
cads: but it usually requires a few in depth readings, and some secondary reference material
cads: right now I'm not reading anything technical with the intention of trying to understand it :)
mircea_popescu: well, you can go through the MPEx category on trilema, there's a lot of stuff there
cads: so mpex is a software framework for deploying exchanges
cads: mircea_popescu: do we still have to pay 30 BTC in fees for account registration?
cads: and the investors can justify this cost in expected revenue?
mircea_popescu: average investors are not expected to buy themselves a seat at the exchange
mircea_popescu: and most wouldn't know what to do with it if they had it.
mircea_popescu: but, for high volume or sophisticated peeps it's a nice perk.
cads: can I learn what investors at the exchange do?
Namworld: I already paid the cost of the seat plenty
mircea_popescu: but anyway, since option stuff was your main interest, read up on the oix
gribble: Error: "g" is not a valid command.
cads: and what must they do, from a decision making standpoint - average investors make decisions based on gut. Do these investors use quant as well?
mircea_popescu: they mustn't do anything. they do what they please,. buy, sell , whatever
cads: I mean only that it seems they must guarantee that their decisions are of high quality
cads: or else they risk wasting the sizeable initial fee
cads: and am wondering what additional decision making measures these investors generally adopt, above and beyond basic investment strategies
mircea_popescu: there was a 10k btc buy of S.DICE in one go at some point.
cads: do investors in mpex generally pay their own analysts, for example?
cads: since I'm most interested in options, and since these traditionally have theory, I'm now wondering if any of these guys have paid analysts to derive appropriatate new pricing models for these options
cads: mircea_popescu: what type of option is traded on the mpex?
cads: mircea_popescu: how much money is good enough to play?
cads: "if you have to ask...."
mircea_popescu: last calculation i recall something like 2k btc total trade volume justifies the fee
mircea_popescu: you know it occurs to me... when new person takes an hour just to gaze at the edges of this thing...
cads: mircea_popescu: so I could work with a 500 BTC base an recoup the entry cost over a handful of months?
cads: mircea_popescu: haha, what a very romanian sentiment :)
mircea_popescu: anyway, mpex charges .2% seller only. if you make .5 round trip then .3 difference will yiueld 30 btc over 10k traded.
mircea_popescu: but this is just a sidepoint. if you're looking to invest btc what are you going to do ?
gribble: BTCUSD ticker | Best bid: 67.11000, Best ask: 67.29998, Bid-ask spread: 0.18998, Last trade: 67.29998, 24 hour volume: 67513.96570233, 24 hour low: 65.00000, 24 hour high: 73.69900, 24 hour vwap: 69.98189
cads: mircea_popescu: at this point I'd like only to understand how to imagine, visualize, and refine an mpex investment strategy
cads: mircea_popescu: do you play chess?
mircea_popescu: anyway, btc investment strategies are an intellectual contribution
assbot: [HAVELOCK] [VTX] 1 @ 0.571002 BTC [+]
mircea_popescu: the thing is new, price data extends little in the past, there's a lot of weirdness in the market
mircea_popescu: so the more people thinking about it the better, a fertile field as it's called.
mircea_popescu: certainly the best phds of the future will b done on bitcoin/mpex/whatever
cads: mircea_popescu: I see it as a low entry cost into a promising finance research field
cads: mircea_popescu: yeah, even if mpex and btc are superseded, what agents learn about this market will be valuable in the future
mircea_popescu: with the current run up i'm not sure i'd call it low cost, but it IS moderate
mircea_popescu: especially considering what training traders costs on the fiat markets.
cads: mircea_popescu: at least I will not be competing with well established finance phds already working in the field :)
cads: I can turn this into a virtual finance university in time
cads: using BTC and its derivatives as the lesson ground and the tournament ground for the students
mircea_popescu: i would guess about a third of the best minds of this generation are more or less discreetly circling the matter.
mircea_popescu: even leaving aside the conference trail clowns, the ideological types and all the geek weirdoes,
cads: well I'd better know how to speak bitcoin before the hiring managers at large hedge funds realize it :)
mircea_popescu: even tiny minute things done in five minutes today will be a career down the road.
mircea_popescu: and mpex is all about creating a market and bulding an ecosystem, so.
cads: I think it will determine the long term fate of the btc
cads: in the sense that derivatives is what will give BTC the depth and complexity needed to take on the real world
mircea_popescu: {mircea_popescu} people don’t understand many things, chief among which that the world is at war, and finance is the means of that war.
mircea_popescu: {mircea_popescu} mpex is here to arm bitcoin with all the high impact high efficiency weapons fiat currencies have.
Bowjob: hey mp, some people are bitching that they bet on the Avalon bet
Bowjob: because they thought it includes batch 2
Bowjob: they think they;ll win by technicality since at the time, batch 2 was included
mircea_popescu: yeah well, people thinking they'll leech everyone else don't historically do so well on bitbet
mircea_popescu: there were people who waited for btc/usd to be 49.99 before betting
cads: some plan to design a building for someone
mircea_popescu: only to discover that no, bitcoin is not instantaneous
KRS1: Am I wrong by saying it looks like the market has peaked and is now heading downward?
cads: KRS1: not even wrong :)
mircea_popescu: what's that virtual reality game ? not second life, the other one
Bowjob: i have 1800 hrs clocked in that game
cads: yeah, games are nice, but trade center plans are nicer
Bowjob: well, half of it is probably done through trading
cads: despite not being... entirely needed at the time
Bowjob: and avalon released batch 3 already
cads: KRS1: aww that's cute how you treat mircea_popescu as the BTC godfather
Namworld: Is it really peaking tho? It's weekend and price seems to be holding
Namworld: I'd really like to see the 100 breached.
KRS1: I treaded mircea_popescu how?
Namworld: Yeah, well it's got to be losing steam by now
KRS1: Avalon seemed to have raied their prices?
cads: KRS1: hehe, no worries, it was just some meaningless teasing
assbot: [MPEX] [S.MPOE] 8150 @ 0.00067526 = 5.5034 BTC [-]
mircea_popescu: tbh, from a macro perspective 100+ is prolly too much.
mircea_popescu: there's such a thing as too much attention, and so forth
Bowjob: You are showing your outward anger because you know you make close to no sense. If anything, this statement is worded vaguely enough that it should be considered a bad bet. The bottom line is that if you go by the betting statement wording and the dates, there are two batches under pre-order. Good attempt to sway betting action by writing a ridiculously vague statement, though. Read the betting statement word for word as it's
Bowjob: Bah, idk about those butthurt trolls
KRS1: cads: thats cool idk what you meant ..its all good..just came in for some mt gox market wisdom wanted to sell btc before the market dips as all markets do
mircea_popescu: me helping out "coding entrepreneurs", whatever the fuck that is now.
KRS1: im still waiting for my BFL SC I ordered in Aug. anyone know anything about that?
gribble: BTCUSD ticker | Best bid: 66.66000, Best ask: 66.99995, Bid-ask spread: 0.33995, Last trade: 66.99997, 24 hour volume: 65609.91092104, 24 hour low: 65.00000, 24 hour high: 73.69900, 24 hour vwap: 69.91589
TradeFortress_: wonder if it's because it's real hard to buy btc right now
Bowjob: this sucks for people who bought in at 75
KRS1: my friend has some actual BFL hardware but not ASIC
mircea_popescu: TradeFortress_ i think it's safe to blame the entire coin* fiasco for it.
KRS1: Wow thanks for sharing
assbot: [MPEX] [S.MPOE] 5400 @ 0.00068407 = 3.694 BTC [+]
mircea_popescu: the truely funny thing here, and this is a shoutout for all my conspiracy dawgs,
gribble: BTCUSD ticker | Best bid: 66.00001, Best ask: 66.30000, Bid-ask spread: 0.29999, Last trade: 66.30000, 24 hour volume: 66468.13921981, 24 hour low: 65.00000, 24 hour high: 73.69900, 24 hour vwap: 69.81931
Namworld: The day is not completed however. It may still be green by the end of the day.
Namworld: The previous dip on the 12th before the 50 wall was broken was more massive for a lower value.
Namworld: Proportionally it was much bigger.
Namworld: and the graph shows a lot of fluctuation. It even shows lower some time ago
Namworld: We were slighlty under 65 some time ago on coinlab and it popped back to 70...
Bowjob: i bet lucif is partying right now, saying he called this from 3 months ago
Namworld: We might fluctuate back and forth at the 75 wall until it breaks or buyers get tired.
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.33002 BTC [-]
cads: Wow, this is a rush.
cads: How low can she go?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.80946 BTC [+]
cads: so what w're seeing right now is essentially a random walk
cads: but we might attempt to compute its derivative to see in which direction it's walking?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.80946 = 1.6189 BTC [+]
gribble: BTCUSD ticker | Best bid: 63.59807, Best ask: 64.46880, Bid-ask spread: 0.87073, Last trade: 62.28200, 24 hour volume: 68148.80678210, 24 hour low: 65.00000, 24 hour high: 73.69900, 24 hour vwap: 69.72187
assbot: [BTCTC] [GSDPT] 8 @ 0.0046 = 0.0368 BTC [-]
Bowjob: anyone watching coinlab? It's hurting
assbot: [MPEX] [O.BTCUSD.P750T] 10 @ 0.15298694 = 1.5299 BTC [+]
assbot: [BTCTC] [GSDPT] 52 @ 0.004639 = 0.2412 BTC [+]
mircea_popescu: "Also, I am considering an increase in the price of the remaining IPO shares upon receipt of the company's batch 2 Avalon. Given the diminishing yield current shareholders have experienced while we await our first ASIC hardware I think it's fair to reward those that have held fast."
Bowjob: bull to the rescue i see some buying
KRS1: some decent buying?
gribble: BTCUSD ticker | Best bid: 65.00150, Best ask: 65.02193, Bid-ask spread: 0.02043, Last trade: 65.00000, 24 hour volume: 76669.42587939, 24 hour low: 62.02310, 24 hour high: 73.69900, 24 hour vwap: 69.02867
Bowjob: honestly, i dont see the ppoint to switching btc for fiat
mircea_popescu: who was saying options aren't high enough ? :D jurov ^
mircea_popescu: being the smartest person at nasa is probably softer competition
assbot: [MPEX] [S.MPOE] 4108 @ 0.00068613 = 2.8186 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068821 = 3.4411 BTC [+]
assbot: [MPEX] [S.MPOE] 7292 @ 0.00068991 = 5.0308 BTC [+]
Namworld: [03:28] <TradeFortress_> just bet 10 btc on bfl not shipping before apr 1st
Namworld: [03:28] <TradeFortress_> free coins
Namworld: well you could bet 100 BTC at current weight and get 1/20th of 60 so 3 BTC
Bowjob: Also, I am considering an increase in the price of the remaining IPO shares upon receipt of the company's batch 2 Avalon. Given the diminishing yield current shareholders have experienced while we await our first ASIC hardware I think it's fair to reward those that have held fast.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7821 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.782 BTC [-]
Bowjob: where did this quote came from
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7811 = 1.5622 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 26 @ 0.78102 = 20.3065 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.77002 = 3.0801 BTC [-]
Bowjob: didnt bitcoin drop when batch 2 released
Bowjob: my old account didnt work for batch 3 shipment, i guess i have to register again
Namworld: buy bitcoins is pretty much the same tho
gribble: BTCUSD ticker | Best bid: 64.05000, Best ask: 64.30000, Bid-ask spread: 0.25000, Last trade: 64.30000, 24 hour volume: 79479.64260130, 24 hour low: 62.02310, 24 hour high: 73.69900, 24 hour vwap: 68.77207
Bowjob: I went to SR today, just to check things out.. You could actually buy candies with it
Bowjob: They had interestig stuff.. a cellphone jammer, a gps tracker, hacking ebooks, wireless camera detector.. shit that can get me in trouble
Bowjob: ah, didnt check. the site was too slow for me
Bowjob: they had banned books, guides on how to make meth, guides about hiding things,
Bowjob: even a guide about picking up chicks.. and some porn links.
cads: Bowjob: surely nothing that's not also available via the torrent sites?
Bowjob: yeap, ive recognized one ive watched before, actually
cads: mircea_popescu: do you believe that blockchain datamining will at some point begin revealing the identities of the SR early adopters?
cads: To quote my baby brother, 'why not?'
Namworld: SR is a free market really... I guess anyone can peddle just about anything
Namworld: My pockets farm is producing lots of extra lint this year...
mircea_popescu: cads well, how much do you understand about the blockchain ?
gribble: BTCUSD ticker | Best bid: 62.03000, Best ask: 62.20000, Bid-ask spread: 0.17000, Last trade: 62.03000, 24 hour volume: 83830.41415795, 24 hour low: 62.02310, 24 hour high: 73.69900, 24 hour vwap: 68.41685
Bowjob: that knife.. i can feel it
cads: mircea_popescu: I've read shamir's paper where shamir tracks cashflows from originator to recipient, even through large networks of obfuscation
mircea_popescu: cads shamir is an idiot and his paper is about 80% nonsense.
cads: mircea_popescu: he handwaves his treatment of the block chain
cads: so I don't know how much to believe
mircea_popescu: ok, let's see here. do you understand public key criptography ?
cads: I definitely do need to read the hashcash papers and the original satoshi paper
cads: mircea_popescu: yes, I understand those reasonably well
mircea_popescu: given an arbitrary set of public keys and an arbitrary set of encrypted messages
mircea_popescu: what chances do you give yourself to identify which messages were addressed to which keys ?
cads: mircea_popescu: a naive search should scale exponentially :P
mircea_popescu: you're presuming key information is included as plaintext.
assbot: [MPEX] [O.BTCUSD.P730T] 9 @ 0.15137648 = 1.3624 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 8 @ 0.17605726 = 1.4085 BTC [+]
cads: right, bruteforce is exponentialish
mircea_popescu: yeah, well, the particular hashing scheme used by the bitcoin addresses is calculated to be unbruteforceable
mircea_popescu: so it's exponential outside of the real of the physically possible.
Bowjob: well, we may be dropping
cads: anyways, that seems like a red herring because the has tree has more structure than the two sets of messages and keys
Bowjob: but the fundamentals are exceedingly strong
mircea_popescu: you can run bitcoin in such a manner as to not include more structure than unrelated pairs, ever.
cads: mircea_popescu: even the devs claim that bitcoin transactions can be tracked if they're not intractably mixed via a mixer.
mircea_popescu: if you make one wallet per inbound payment, there's no tracing possible.
tiberiusiv: that guy offering his house for BTC marked the top
mircea_popescu: as no two addresses are ever going to be joined in inputs
cads: mircea_popescu: it sounds like your account is not much better. I will have to read the paper for myself and faithfully learn the scheme.
cads: enough second guessing for me :)
mircea_popescu: well, it's not practical to run 100% security, as is always the case
mircea_popescu: which conversely means you can never be certain you'll get analytical results worth a crap.
cads: I need to see a theoretical paper on the function of anonymization mixers too
cads: unless these things give us provable cryptographic guarantees of anonymity, I don't trust it
cads: so they work on what is essentially wishful thinking
mircea_popescu: maybe there's parts of that i don't understand, but afaik...
mircea_popescu: anyway, as best i can determine the only workable mixer paradigm is what mpex employs :
cads: mircea_popescu: I guess I have my new research questions
tiberiusiv: no other asset class loses 20-30% in the span of 2hrs
mircea_popescu: if you are the reading sort, the old crypto mail list discussions with satoshi et all are quite informative on many topics
assbot: [HAVELOCK] [SDICE] 1 @ 0.529 BTC [+]
mircea_popescu: no other asset class is plagued with such a concentrartion of high powered idiots.
Namworld: You should see OTC... real panic...
assbot: [MPEX] [O.BTCUSD.P730T] 6 @ 0.1588357 = 0.953 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 5 @ 0.18424999 = 0.9212 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.57099998 BTC [-]
cads: <maji> ITS NOT GOING TO STOP
Namworld: bids remain strong tho yet asks...
assbot: Ah, your hair. Your hair is soft. It's like a girl's. Now how do you get it that way?
gribble: BTCUSD ticker | Best bid: 58.22000, Best ask: 58.80000, Bid-ask spread: 0.58000, Last trade: 58.22000, 24 hour volume: 92634.92542725, 24 hour low: 57.80000, 24 hour high: 73.69900, 24 hour vwap: 67.57447
Bowjob: hey, its a good opportunity to buy now
Bowjob: for Avalon 3 if yo want
cads: Namworld: the yay part is that I panic sold back when things were at my favorite number, 69
tiberiusiv: guy offering his house for BTC marked the top
gribble: BTCUSD ticker | Best bid: 57.78000, Best ask: 57.85000, Bid-ask spread: 0.07000, Last trade: 57.85000, 24 hour volume: 94019.67462292, 24 hour low: 57.78000, 24 hour high: 73.69900, 24 hour vwap: 67.43441
tiberiusiv: BTC can go to single digits in the span of 4hrs
tiberiusiv: theres no bids relative to BTC outstanding
tiberiusiv: you only need 1-2% of bitcoins being sold at a given time to crash the price
Namworld: [04:49] <manosyd> if it goes near 45, it wiill stabilize there for atleast a month or so
Namworld: [04:49] <manosyd> then when the bounce comes, no stopping it till 120
Namworld: more excellent quotes from OTC
Bowjob: im strangely calm amids all this chaos
Bowjob: amidst. fuck i cant spell
Bowjob: panic selling is a bad bad baahd idea
Namworld: I have shares earning in USD... I have stocks in BTC...
Namworld: Really, to me, both way is fine
Bowjob: no changes in fundamentals, we'll have bear meat soon
Namworld: Goes to a low price, I get cheap bitcoins
Namworld: Goes high, I get lots of value out into bitcoin stuff
Bowjob: seems like LTC goes up when btc goes down
Bowjob: and the other way around too
Namworld: My favorite way of cashing out is through funding some businesses I like I Bitcoinland.
Bowjob: LTC keeps 50 cents mhm
Bowjob: those two numbers were switched the other way
Bowjob: we lost about 1/3rd of BTC's purchasing strength
cads: but I want to follow the market down so I can buy back in when it's done
Bowjob: maybe ianbakewell will go legit..
Bowjob: saying.. he got into an accident
tiberiusiv: you wont be able to buy when its done because theres barely any coins offered until 65
Bowjob: and pays everyone at this point
gribble: BTCUSD ticker | Best bid: 53.01000, Best ask: 53.55000, Bid-ask spread: 0.54000, Last trade: 53.01000, 24 hour volume: 107782.51352993, 24 hour low: 53.00000, 24 hour high: 73.69900, 24 hour vwap: 65.83923
tiberiusiv: at the end of the day BTC is nothing more then a confidence game
cads: This drop feels good. Like being overdrunk, and finally vomiting the extra poison out.
Bowjob: and... I'm down $4000 in unrealized profit
Bowjob: might as well play dice to get those unrealized profits back
gribble: BTCUSD ticker | Best bid: 55.00000, Best ask: 55.71460, Bid-ask spread: 0.71460, Last trade: 55.71460, 24 hour volume: 108334.59487058, 24 hour low: 53.00000, 24 hour high: 73.69900, 24 hour vwap: 65.77385
tiberiusiv: mpex loses close to 40% of market cap in under 2 hours
mircea_popescu: it probably gained a lot in zimbabwe dollars or w/e other fake currency out there nobody cares about.
gribble: BTCUSD ticker | Best bid: 56.87473, Best ask: 59.49000, Bid-ask spread: 2.61527, Last trade: 59.49000, 24 hour volume: 108334.59487058, 24 hour low: 53.00000, 24 hour high: 73.69900, 24 hour vwap: 65.77385
Bowjob: all right you stupid bears. You will eat the knife. and like it too
gribble: Error: "ask" is not a valid command.
mpexbot: mircea_popescu: 0.0966739654541 seconds
gribble: BTCUSD ticker | Best bid: 60.70000, Best ask: 61.23400, Bid-ask spread: 0.53400, Last trade: 61.23400, 24 hour volume: 115184.27493444, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.81793
Bowjob: arent you always negative
Bowjob: it bothers me that gox fucks up their trades
Bowjob: will coinlab be like this too?
gribble: BTCUSD ticker | Best bid: 62.00000, Best ask: 62.80000, Bid-ask spread: 0.80000, Last trade: 62.80000, 24 hour volume: 116073.49685910, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.74844
Namworld: notice the warning in red over the ticker
mircea_popescu: o hey, their site doesn't load in my browser. so much win.
Namworld: the warning says: "Mt. Gox sockets are down. Trade data will not update until they come back online, and depth data will only update once every 15 minutes. Sorry! "
mircea_popescu: this is reminiscent of tradehill's "the old tradehill site is to blame" response to defrauded customers complaining on tyheir failed relaunch attempt
gribble: BTCUSD ticker | Best bid: 62.90000, Best ask: 63.16668, Bid-ask spread: 0.26668, Last trade: 62.90000, 24 hour volume: 116073.49685910, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.74844
Bowjob: it went 53, someone reported getting an order filled for 51
Bowjob: that must hurt for the bear
mircea_popescu: next time anyone wants to trust the conference trail scum with a toy worth half a billion dollars,
gribble: BTCUSD ticker | Best bid: 62.48999, Best ask: 62.49000, Bid-ask spread: 0.00001, Last trade: 62.49000, 24 hour volume: 116073.49685910, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.74844
gribble: There are currently 0 bitcoins offered at or under 55.0 USD, worth 0.0 USD in total. | Data vintage: 0.0023 seconds
gribble: There are currently 17190.312 bitcoins demanded at or over 52.0 USD, worth 937427.107527 USD in total. | Data vintage: 5.3785 seconds
gribble: There are currently 8854.509 bitcoins demanded at or over 55.0 USD, worth 494777.013854 USD in total. | Data vintage: 25.2820 seconds
gribble: There are currently 831.89671 bitcoins demanded at or over 58.0 USD, worth 48595.2207021 USD in total. | Data vintage: 31.6176 seconds
Bowjob: 30 seconds is too late in bitcoinland
Bowjob: canadianbitcoins used to be pretty cheap, sometimes even lower than gox prices
Bowjob: you could buy from canadianbtc and make profit arbitraging it to fastcash4bitcoins
Bowjob: cadbtc selling for 13.5, fastcas paying 14
gribble: BTCUSD ticker | Best bid: 61.95000, Best ask: 62.48999, Bid-ask spread: 0.53999, Last trade: 61.95000, 24 hour volume: 126755.91316438, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.42759
Namworld: Actually, fees on cavirtex are 3% to .5% depending on volume...
Namworld: Assuming an average of 2% and daily trading of 1500 BTC
Namworld: Divided by 100 000 shares (10k IPOed for 10%), that's 0.0003 BTC per day
Namworld: So 0.1095 BTC per year or 25% per year
Namworld: Been around since 2011 and actually legitly registered.
Bowjob: they trade btc higher than gox
error4733: why they need money ? what they wanna do with IPO money ?
Bowjob: but the 3% is killing me
Bowjob: they are registered legitly
Bowjob: "lol, party is over. Years long downtrend in place now. " -proudhon
error4733: "24 hour low: 52.34560, 24 hour high: 73.69900" a trader fantasy
Bowjob: i didnt move my position. i just watched the action
Bowjob: *yawn, im getting desensitized to this
Namworld: AMC is valuating themselves at 1 million BTC?!?
TradeFortress: for those who wish they bought avalons / asicminer
Namworld: anonymous dude with zero info whatsoever except bold claims in the text on bitfunder... no website, no info, no nothing
Namworld: AMC's offering is comprised of 100,000,000 shares in total.
Namworld: 1 share of AMC on BitFunder represents 1/100,000,000th of 100% of the monthly profits after all expenses.
Bowjob: Active Mining Cooperative
Namworld: If they sell for like 1000 BTC (100 000 shares)
TradeFortress: mircea_popescu, wasn't actually listed on the homepage for a while
Namworld: They get to keep 99.9% of everything
Bowjob: it's not like bears went unscathed. bears got gored at 52.
TradeFortress: Net Estimated ROI/Year @ .01 BTC/share 2,847.47208%/Year*
mircea_popescu: a well, as long as people are willing to put btc in that people deserve to.
Bowjob: holy fuck bitfunder if im trying to copy and paste dont close it up
Namworld: Don't people research/read contract/look at past history before putting some coins in?
Namworld: Est Gross(less power) Revenue 12 Months 2,847,472.08 BTC
Namworld: THERE'S NOT EVEN THAT MUCH MINING GOING TO HAPPEN! >.<
Namworld: I hope that 10 BTC was traded by the issuer to stimulate trading...
Namworld: How did Ukto let that go through?
Namworld: probably was meant to be 1500 USD but they screwed that
Bowjob: how come its 63 gigahash
Bowjob: thats slower than.. batch 1 and 2
unbalanced: bowjob re: "cadbtc selling for 13.5, fastcas paying 14" -- thanks I had to change my pants before realizing you were talking about the good old days
Bowjob: I actually pointed it out to topace, seems like he didn't care at the time
Bowjob: but cadbtc is so OP now
Bowjob: i never did arb from cadbtc to fastcash, seemed like a dick move
Bowjob: it was 65 gigahash guaranteed
Bowjob: but now 63 gigahash guaranteed
Bowjob: that doesnt make sense
Bowjob: why would they lower the guarantee rate
MJR__: I mean, for each batch
Bowjob: at this point you'd still make your investment back, though longer
unbalanced: cadbtc pegs to virtex recent history, not Mt. Gox, AFAIK
MJR__: you lose some chips that don't work
kakobrekla: you know how it goes with chiniese, each batch more btc, each batch less hash
MJR__: maybe the number that did between 63 and 65 was very significant
Bowjob: we actually didnt know that they were the first asic one
Bowjob: well, at this point provided bfl doesnt ship
Bowjob: batch 3 is gonna be a good deal
unbalanced: Virtex used to trade higher than Mt. Gox during uptrends, now seems to all the time. Supply/demand I figure.
Bowjob: even if bfl ships, i doubt they'd be able to ship all pre orders
MJR__: bitfloor ask is $69
gribble: BTCUSD ticker | Best bid: 64.46000, Best ask: 64.48000, Bid-ask spread: 0.02000, Last trade: 64.48000, 24 hour volume: 133914.42658800, 24 hour low: 52.34560, 24 hour high: 73.69900, 24 hour vwap: 64.05389
MJR__: I exercised my 41 calls at 71
unbalanced: At this rate I'll catch up to you guys and start asking q's about avalon in another hour or so.
Bowjob: anyways, anyone know how to run an avalon?
MJR__: lol, my friend was shorting
Bowjob: i haven't done any mining, at all. this is my first time mining
MJR__: so when he was happy about the 5 drop
MJR__: Bowjob: you would install the firmware I guess
MJR__: and hook it up to a computer...
Bowjob: I have not seen a video of avalon from start to finish
MJR__: or I think you could even just program it directly
MJR__: since it runs a Linux os
Bowjob: suppose i get the box, i open it. gloves and shit
MJR__: attach a monitor and a keyboard
Bowjob: "Setup your laptop IP address 192.168.0.101 "
MJR__: huh? are both devices on the same network?
MJR__: you directly attach your laptop to the Avalon
MJR__: and then you use a static IP on that port
MJR__: then you use a web browser to get to the config page
MJR__: similar to setting up a wifi router
Bowjob: If I can't figure this shit out by the time I get my avalon, 2 BTC pot to help me get it running
Bowjob: I was able to set up GGPO, so avalon shouldn't be too hard
Bowjob: i have a decend idea on how to do it, the webgui reminds me of my router
MJR__: my friend and I are working on an fpga design
Bowjob: anyone else got avalon 2?
Bowjob: I camped out on both days avalon 2s were for sale
MJR__: my friend has some very interesting ideas about latency vs throughput
MJR__: lol, I wish I had an Avalon
gribble: Current Blocks: 227574 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 233 blocks | Next Difficulty In About: 1 day, 1 hour, 32 minutes, and 3 seconds | Next Difficulty Estimate: 6608097.13894 | Estimated Percent Change: 36.31556
MJR__: wow going to be a big jump...
MJR__: even with that new difficulty jump an Avalon more than pays for itself in a week
MJR__: don't know what the diff will be in 3 months...
assbot: [BTCTC] [B.YABMC] 60 @ 0.01301 = 0.7806 BTC [-]
MJR__: Next Difficulty Estimate: 6608097.13894 |
MJR__: at that level still 1 week
MJR__: so those receiving their avalons now should prob be good
assbot: [BTCTC] [B.YABMC] 6 @ 0.01101 = 0.0661 BTC [-]
assbot: [BTCTC] [B.YABMC] 9 @ 0.01 = 0.09 BTC [-]
Bowjob: its nice of him though
assbot: [MPEX] [S.MPOE] 9386 @ 0.00068991 = 6.4755 BTC [+]
jurov: but the last comment "OKPAY should be refunded, too" may cause quite a shitstorm
jurov: why only miners, srsly?
assbot: [BTCTC] [BTC-TRADING-PT] 100 @ 0.1697 = 16.97 BTC [+]
jurov: avoorhees should ask for refunds, too if he lost anything.. wanna see what would the reply to *that* lol
assbot: [MPEX] [S.MPOE] 786 @ 0.00069904 = 0.5494 BTC [+]
Bowjob: So who here will buy avalon3
gribble: BTCUSD ticker | Best bid: 65.85829, Best ask: 65.90000, Bid-ask spread: 0.04171, Last trade: 65.90000, 24 hour volume: 138785.79606428, 24 hour low: 52.34560, 24 hour high: 73.49500, 24 hour vwap: 64.08160
leotreasure: i lol'd at your bfl vs avalon comparison Bowjob
MJR__: any news on the bfl front?
Bowjob: Actually, I had half a mind to plot all of BFL's delays on a chart
mircea_popescu: it's gotten to the point where "omg bfl shipping" => instatroll
MJR__: lol...in other news the sky is still blue
damientrog: any idea when avalon batch 3 will go on sale?
Bowjob: damien, very soon. like 1-2 day soon
Bowjob: I haven't made the chart yet.
Bowjob: MNW asked me about avalon 3 too
Anduck: Bowjob: i dont understand that pic =I
Anduck: mnw hasnt replied me :((
Bowjob: The first picture is box of fans
Bowjob: second picture is the avalon asic
Bowjob: At this point I believe batch 3 will still be profitable
Bowjob: since, having >20k pre orders.. is a nightmare
Anduck: i still dont get it xD
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.00151 = 0.0151 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.0015 = 0.015 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00142 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 12 @ 0.0014 = 0.0168 BTC [-]
MJR__: they are projecting that when you get it the difficulty will be a lot higher
MJR__: 10 million you still pay it off in a month
Bowjob: its stilla good buy, it will just put off many people
mircea_popescu: i wouldn't pay them 3x if it brought about the end of the world.
Bowjob: I considered ordering 5 more avalons if it was 5x
Bowjob: we should all ask bfl_josh about his seppuku ritual on april 1st
gribble: BTCUSD ticker | Best bid: 64.00000, Best ask: 64.10172, Bid-ask spread: 0.10172, Last trade: 64.10172, 24 hour volume: 140056.39573591, 24 hour low: 52.34560, 24 hour high: 73.49500, 24 hour vwap: 64.07680
MJR__: well, the price is in some way tied to the difficulty
MJR__: I don't know the exact formula
MJR__: the price is a function of the difficulty
MJR__: that is by design I think
MJR__: but I know that that is the case
deadweasel: price whatever someone is willing to give you for it.
MJR__: not when I put 90 BTC on my website
Namworld: One really prices based on difficulty?
MJR__: that is what that one manufacturer is choosing to do
MJR__: you have to realize the motives of Avalon
MJR__: and it isn't purely profit
assbot: [HAVELOCK] [SDICE] 1 @ 0.51 BTC [-]
gribble: You are identified as user Josh_Rossi, with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00402 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.0044444 = 0.4444 BTC [+]
error4733: mjr you shoukd stop try stupid challenge
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00402 = 0.008 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 38 @ 0.004099 = 0.1558 BTC [+]
mjr_: trying to reinitialize the script that auto-challenges
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16 BTC [+]
mjr_: thats just great...of all the people who could have had my name
assbot: [MPEX] [S.MPOE] 5136 @ 0.00070068 = 3.5987 BTC [+]
assbot: [MPEX] [S.MPOE] 4268 @ 0.00070069 = 2.9905 BTC [+]
kakobrekla: lol bitinstant > The shitty thing is that the last time I sent Shrem an e-mail it bounced. And I got the message: Could wait no longer, mailbox full.
assbot: [HAVELOCK] [SDICE] 6 @ 0.51 = 3.06 BTC [-]
smickles: it's like he just came out of nowhere asking for mpex to be made, and the chan was like "/me points to mpex"
FabianB: indeed, just finished backlog
assbot: [BTCTC] [GSDPT] 14 @ 0.004639 = 0.0649 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.000677 = 0.0014 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 2 @ 0.0014 = 0.0028 BTC [-]
kakobrekla: Coinbase uses MongoDB for their primary datastore for their web app, api requests, etc. Coinbase is a decentralized, digital currency that is changing the world of payments.
assbot: [HAVELOCK] [VTX] 1 @ 0.5840001 BTC [-]
assbot: [HAVELOCK] [VTX] 29 @ 0.584 = 16.936 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.5979999 BTC [+]
assbot: [HAVELOCK] [VTX] 23 @ 0.598 = 13.754 BTC [+]
gribble: Error: Failure to retrieve ticker. Try again later.
tiberiusiv: bitinstant has like a 25% chance your transfer fails
tiberiusiv: and it takes them up to 5 days to "push the coins through"
mod6: (02:10) < tiberiusiv> zyphus you should exit (02:10) < tiberiusiv> single digits are not that far
assbot: [BTCTC] [RSM] 1 @ 0.005 BTC [-]
mod6: trolled these d00dz hard lastnight 'eh
assbot: [BTCTC] [RSM] 1 @ 0.0044 BTC [-]
assbot: [BTCTC] [RSM] 8 @ 0.00311 = 0.0249 BTC [-]
mod6: i guess those guys were losing their minds
tiberiusiv: one of them almost sold me their coins for 25
smickles: "electronic harmonic variance" sounds like shit spewed from a powerband salesman
gribble: Time since last block: 51 minutes and 39 seconds
gribble: Current Blocks: 227618 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 189 blocks | Next Difficulty In About: 21 hours, 17 minutes, and 44 seconds | Next Difficulty Estimate: 6606350.12053 | Estimated Percent Change: 36.27952
smickles: maybe their client is just borkd
mod6: my client is so far behind....
mod6: it's on the .7 though
smickles: ofc, i havn't sync'd in about 16 hours
mod6: i hate starting it up cause it send my HD to 0 response time damn near
mod6: mine is 70 days behind still
smickles: it's most likely blockchain.info's client getting stuck
gribble: Time since last block: 33 seconds
assbot: [HAVELOCK] [VTX] 18 @ 0.5998888 = 10.798 BTC [+]
assbot: [HAVELOCK] [SDICE] 7 @ 0.51 = 3.57 BTC [-]
assbot: [HAVELOCK] [VTX] 13 @ 0.6 = 7.8 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.51 = 2.04 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 62 @ 0.004099 = 0.2541 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4855 = 1.4565 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 67 @ 0.00361 = 0.2419 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.485 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.485 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.48000002 = 1.92 BTC [-]
gribble: BTCUSD ticker | Best bid: 65.10000, Best ask: 65.41901, Bid-ask spread: 0.31901, Last trade: 65.10000, 24 hour volume: 155857.54158041, 24 hour low: 52.34560, 24 hour high: 72.86999, 24 hour vwap: 63.91405
gribble: There are currently 9000.1244 bitcoins offered at or under 70.0 USD, worth 618708.528579 USD in total. | Data vintage: 0.0021 seconds
assbot: [HAVELOCK] [VTX] 1 @ 0.6 BTC [+]
gribble: There are currently 10059.132 bitcoins demanded at or over 60.0 USD, worth 624598.081772 USD in total. | Data vintage: 19.2737 seconds
mpexbot: mod6: 1 day: no data 7 day: average: 67.50931133 high: 70.0111051 low: 51.26011131 volume: 14605 btc: 3123.57547556 30 day: no data
assbot: [HAVELOCK] [VTX] 1 @ 0.6 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.6 = 3 BTC [+]
assbot: [HAVELOCK] [VTX] 19 @ 0.65 = 12.35 BTC [+]
mod6: this might be one of the more idiot posts in a while
mod6: We have a world to conquer out there, and we don't want to end up like Unix.
mod6: WRONG you want to end up exactly like unix
mod6: the path of least resistance is where the river will follow and flow through, to meet his own anaology
assbot: Last trade for S.DICE on MPEX was at 0.0044444 BTC [+]
mod6: and with UNIX, it's tried and true, open and tested. and loved by the best compsci people in the world for a /reason/
mod6: mircea_popescu & MPOE-PR are right, the btctalk people are turbo-idiots
mod6: well, i guess he's only had 3 posts.
mod6: still, what a toolbox
mod6: and I think since gox is all fuxd all the time with its price signals
mod6: the OIX is simply getting to be a better ave
mod6: i dunno, it seems pretty accurate, i guess because the price signals from gox fuel which strikes are most active..
mod6: but you can trade on MPEx evne through the heaviest and most coordinated DDoS attacks and it's solid
mod6: the fact we hang on gox data so much needs to change imho
mod6: ThickAsThieves: exactly
mod6: it would be awesome if it was "just one signal for price"
mod6: but its /the/ signal for price
ThickAsThieves: i really believe that when their suggested price gets stuck, it pulls down the whole market
mod6: everyone else wants to sell their BTC to tiberiusiv for $25 if there is too low of vol and the price collapses
mod6: i don't think anyone should choose anything per-se
mod6: i mean, think of how they do gas-station pricing on price per gallon?
mod6: 3 stations, three corners of the intersection.
tiberiusiv: theres nothing wrong with the gox price
assbot: [HAVELOCK] [SDICE] 3 @ 0.4792 = 1.4376 BTC [-]
tiberiusiv: its the within the same range as all the other exchanges
tiberiusiv: whats the difference whose price you use? gox at the moment simply is the most liquid
tiberiusiv: mod6: gasoline is one of the most competitive markets around
ThickAsThieves: but arent 'all of the other sxchanges" basing decsisions on gox?
assbot: [HAVELOCK] [SDICE] 2 @ 0.47915 = 0.9583 BTC [-]
tiberiusiv: gox does NOT set bitcoin prices for everyone
tiberiusiv: they simply have the most participants
tiberiusiv: they dont trail gox, they just have less activity
assbot: [HAVELOCK] [SDICE] 8 @ 0.479101 = 3.8328 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00070068 = 0.9109 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00070069 = 3.5035 BTC [+]
mod6: there needs to be a few more exchanges with just as much or more liquidity and volume which don't race eachother to "a bottom" but just find a happy stable price amongst themselfs
mod6: like gas station pricing
assbot: [HAVELOCK] [SDICE] 4 @ 0.4791005 = 1.9164 BTC [-]
mod6: you know what I mean?
tiberiusiv: they arent racing each other to a bottom
tiberiusiv: exchanges are simply forums for people to gather and through the auction style set prices
mod6: ;;gpg info tiberiusiv
tiberiusiv: you have 0 clue what you are talking about mod6 so be quiet :)
tiberiusiv: thickasthieves: campbx is extremely *illiquid*, that is why it seems it lags mtgox
tiberiusiv: there isnt enough participants on campbx
ThickAsThieves: but you dont think their bots influence price based on gox?
assbot: [HAVELOCK] [SDICE] 5 @ 0.478999 = 2.395 BTC [-]
tiberiusiv: participants needed US dollars for whatever reason so they sold bitcoins
ThickAsThieves: so the whole market coincidently drops $5 when gox does, with no relation?
tiberiusiv: its simple as that, and there were no willing buyers to pickup that size
tiberiusiv: so the price declines until buyers are willing to eat up the size offered
assbot: [HAVELOCK] [SDICE] 10 @ 0.468999 = 4.69 BTC [-]
tiberiusiv: thickasthieves: the WHOLE market is 1 place.
mod6: you fucking dipshit
mod6: thats what i've been trying to say
mod6: what in the world are you doing her
assbot: [HAVELOCK] [SDICE] 1 @ 0.44 BTC [-]
splnkr: the market is fragmented. that's the issue.
tiberiusiv: quit thinking exchanges are seperate markets
gribble: There are currently 37048263 bitcoins demanded at or over 0.0 USD, worth 6222641.70973 USD in total. | Data vintage: 0.0152 seconds
splnkr: mt gox is the biggest so it gets the attention
splnkr: without a liquid means of exchanging non-BTC funds among exchanges, i don't see how they're one market
Bugpowder: tiberiusiv: THey are the same market but there is friction in the links. Very similar to the natural gas market
assbot: [HAVELOCK] [SDICE] 1 @ 0.43000001 BTC [-]
Bugpowder: Europe will pay much more than US if russia turns off the taps, but the effects are still felt globally
tiberiusiv: there is 1 BTC market with many venues where to meet buyers or sellers
ThickAsThieves: i think its absurd to say that gox doesnt have influence on MANY fronts that influence price
tiberiusiv: gox itself is just the most liquid of those venues
splnkr: tiberiusiv: this is a semantic argument
Bugpowder: the gox market definitely sets the price
assbot: [HAVELOCK] [SDICE] 1 @ 0.43 BTC [-]
splnkr: my understanding of "market" is a place where buyers and sellers can exchange
Bugpowder: plot the prices of various exchanges vs. gox
splnkr: not just a specific type of asset
tiberiusiv: the others only seem like that lag, because of lack of activity
ThickAsThieves: they lead thru buyer using it as spot, thru bots using it, thru asset exchanges using, thru chart reports using it
mod6: and how is that fucking different than what i was trying to say before you called me an idiot you faggot
mod6: im using it as a simple example dickweed
mod6: i expected someone as smart as yourself to know the differnce
Bugpowder: gox users do not pay attention to the price on any other exchange
tiberiusiv: you didnt know the difference between the 2
Bugpowder: all other exchages pay attention to the gox price
assbot: [HAVELOCK] [SDICE] 1 @ 0.42000001 BTC [-]
tiberiusiv: bugpowder: bots arbitrage all the exchanges
Bugpowder: my local bitcoins sale price is based on gox.
mod6: you make me almost want to rage quit this shit
Bugpowder: tiberiusiv: too much transfer friction
Bugpowder: this point seems fairly academic though
tiberiusiv: on a street corner driving prices down
tiberiusiv: competing exchanges only drive down trading fees
Bugpowder: and there are other exchanges that trade pigs and steers and frozen concentrate OJ futures. But CME dominates them
gribble: BTCUSD ticker | Best bid: 63.25112, Best ask: 63.97999, Bid-ask spread: 0.72887, Last trade: 63.97999, 24 hour volume: 159365.08473773, 24 hour low: 52.34560, 24 hour high: 72.86999, 24 hour vwap: 63.87592
ThickAsThieves: like i said when Gox data freezes, like their socket, or more importantly, their suggested price in the Buybox, it effectively changes the price to that until it stops
Bugpowder: ThickAsThieves: I disagree. There price just becomes unknown.
Bugpowder: traders with enough capital to move the market understand what is happening
ThickAsThieves: it just gets stuck at suggesting you pay 66 for 5 minutes
Bugpowder: maybe joe reddit with his 5 bitcoins gets confused
tiberiusiv: thats not the suggested price in the buy box
Bugpowder: their post volume vs BTC volume is all out of whack
tiberiusiv: the 2 prices most important are BIDS and ASKS
Bugpowder: yeah but the bid and ask are stale under high trading volume
ThickAsThieves: SR buyers, people who just buy when wthey get their deposits, people cashing out
ThickAsThieves: gox buybox says, pay this price and you get your coins
tiberiusiv: if you are cashing out you are paying attention to BIDS
Bugpowder: so just place your limit orders where you what to buy or sell and hope fulr the best
assbot: [BTCTC] [S.DICE-PT] 57 @ 0.004159 = 0.2371 BTC [+]
tiberiusiv: a seller looks for the bid, and a buyer looks for the ask
assbot: [HAVELOCK] [VTX] 1 @ 0.64 BTC [-]
Bugpowder: Gox website price is horribly inaccurate.
tiberiusiv: gox website could be a blank page and it would make 0 difference
smickles: oh you guys and your semantical differences
ThickAsThieves: and you really want to underestimate the population's neglect of orderbooks when buying bitcoin?
Bugpowder: I'm just annoyed that I had a 100BTC buy order at 52.139 that didn't quite get hit on the dip
gribble: BTCUSD ticker | Best bid: 63.00001, Best ask: 63.12648, Bid-ask spread: 0.12647, Last trade: 63.00001, 24 hour volume: 159630.25515694, 24 hour low: 52.34560, 24 hour high: 72.86999, 24 hour vwap: 63.87384
tiberiusiv: when you buy BTC you can only buy what is offered at X price
tiberiusiv: it doesnt mean jackshit what the last price was
Bugpowder: ThickAsThieves: people that ignore it are n00bs that don't move the market
chmod755: erryone trades on gox - chmod doesnt - is getting rich faster
tiberiusiv: if i want to buy 10k BTC right now, i cant get it at the LAST porice
Bugpowder: What moves the market are people trading 100-10000 BTC. All of them know the game... At least after the first time they get goxraped.
tiberiusiv: i have to buy it at whats being offered
ThickAsThieves: hard to say on one day that Cyprus or other good news causes btc to go up, yet the market isnt easily influenced on bid price
tiberiusiv: thickasthieves you are clueless to markets.
tiberiusiv: BTC was already in an uptrend long before any cyprus news
smickles: my bot used the mtgox order book to a given depth to determin spot
tiberiusiv: 2012 had huge positive btc news, yet the price was still LOWER then 2011.
tiberiusiv: by the time something is news, its already OLD
smickles: also, i feel most -otc trades go something like "i'll sell 1 btc", "at what rate?", "let me check gox, ;;ticker"
ThickAsThieves: so you think all this uptake to the current price is mostly big players, and not amatuer speculators?
smickles: so in both those senses, gox sets the price
tiberiusiv: bugpowder: almost always other then unexpected events
Bugpowder: ThickAsThieves: the current price is mostly big speculators
smickles: not the company, mind you, the users
tiberiusiv: bugpowder: notice how no one wanted to trade their house for BTC at $2, but now at 70 everyone wants BTC?
Bugpowder: tiberiusiv: yes, in an efficent market. Cyprus was big news and unexpected.
tiberiusiv: cyprus has been expected for over 2 years.
smickles: tiberiusiv: i was trying to sell a house when btc was at 2
Bugpowder: Deposit haircut was not anticipated
smickles: i even put it in the -otc order book
chmod755: cyprus is 0.1% of the eurozone
tiberiusiv: bugpowder: sure it was, all the major players already removed $ out of cyprus
splnkr: cyprus + mtgox--->USA + ASIC mining
tiberiusiv: bugpowder: it wasnt expected by the idiots who stayed
splnkr: lots of external factors affecting price right now besides trading
tiberiusiv: bugpowder: majority of russian funds were converted into german bonds over a year ago.
tiberiusiv: hence why german paper had negative interest rates
ThickAsThieves: in summary, gox influences price heavily, i have not heard a sound argument otherwise
tiberiusiv: considering gox is 80% of participants
tiberiusiv: of course its the most important venue.
splnkr: that figure is from 2 years ago isn't it
smickles: long story short, with the house i was trying to sell for btc, i ended up getting a qualified renter who declined to use btc to pay rent
Bugpowder: tiberiusiv: I agree there has been a move to bunds.
chmod755: big news about cyprus.... a country with 300,000 citizens.... as a EU citizen nothing has changed for me during the last 5 years
mjr_: i would love to see what percentage of gox trades make up daily blockchain transactions
smickles: mjr_: watch bitcoin-monitor.com
benkay: do gox trades even hit the chain?
mjr_: not sure, but gox is definitely the worst
benkay: i thought their system traded internally until you pulled funds
mjr_: it exacerbates any price movements
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009898 = 0.099 BTC [-]
mjr_: when people see price moves...they get in line for 10-120 seconds
tiberiusiv: mjr mtgox doesnt make up a big % of the blockchain transactions
chmod755: i don't understand why people use mtgox
assbot: [MPEX] [S.MPOE] 1300 @ 0.0006928 = 0.9006 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00069279 = 0.6928 BTC [-]
Bugpowder: that is why the gox hack was reversible
smickles: chmod755: at one point, i made a full switch to bitfloor, then they got robbed
mjr_: pretty much exclusively
Bugpowder: and I suspect gox lag does contribute to instability
mjr_: well...i bought coins there
mjr_: and moved them around
tiberiusiv: so one guy thinks mtgox is a gas station, another that mt gox trades occur on the blockchain and a third who thinks gribble sets the price.
mjr_: so solvent enough for my needs
ThickAsThieves: <ThickAsThieves> but arent 'all of the other exchanges" basing decsisions on gox?
ThickAsThieves: <tiberiusiv> gox does NOT set bitcoin prices for everyone
tiberiusiv: mjr: sure your needs, what 0.2btc ? lol
ThickAsThieves: [14:12] <tiberiusiv> of course its the most important venue.
chmod755: smickles, it's your choice to trust a web service with your coins.....
tiberiusiv: thickasthieves the exchanges do not base their decisions on gox lol.
mjr_: i use them to buy coins not hold coins
mjr_: which last i checked is what exchanges were for
ThickAsThieves: when i say 'exchange' you know i mean in the abstract right?
smickles: tiberiusiv: you may have misunderstood me
tiberiusiv: thickasthives just be quiet. you are stupid
mjr_: if you can't see the gas station analogy as price advertising
mjr_: then you are retarded
chmod755: tiberiusiv, gribble sets the price. << that's true. he's one of the richest bots on the entire internet
mjr_: no gas station would say $20 a gallon, when across the street it says $5 a gallon
mjr_: competing markets drive everyone to a certain price set by the market
mjr_: its called price discovery and we are undertaking that right now
mjr_: btc-e has cheaper prices than gox...
mjr_: bitfloor has higher
mjr_: but that is only because of market inefficiencies
gribble: BTCUSD ticker | Best bid: 61.70568, Best ask: 61.70569, Bid-ask spread: 0.00001, Last trade: 61.70569, 24 hour volume: 161828.11644717, 24 hour low: 52.34560, 24 hour high: 72.35000, 24 hour vwap: 63.81619
ThickAsThieves: gox is a standard because a standard was needed to let the market work better
smickles: tiberiusiv: what's your point about price discovery and gox? I think i missed it and i don't want to read the log
chmod755: errr well the majority of coins are not on gox
splnkr: coming soon: 24 hour low: 5.234560, 24 hour high: 723.5000
mjr_: splnkr: oh i hope so
mjr_: gets ready to buy at 5 before it hits $700
chmod755: ThickAsThieves, so what would happen if gox had a huge security issue....
chmod755: like even big services like FB and Google are not 100% secure
splnkr: yay roller coaster rides
mjr_: day traders boggle me...all you do is make the exchanges rich
mjr_: is bitcoin valuable as an idea? yes
Bugpowder: bitcoin is valuable in my bank account too
chmod755: ThickAsThieves, i think if more people traded on other exchanges it would allow them to make their services more secure and stuff (with fees, etc)
mjr_: its the network effect
mjr_: every user at gox gives a positive externality
ThickAsThieves: sadly when you try supporting other exchanges, all they do is fuck it up
Bugpowder: 1) make your exchange secure. then 2) I will trade on it
chmod755: ThickAsThieves, bitcoin central never had a problem
Bugpowder: gox probably has the best security right now, due to their previous issues and their capitalization.
gribble: BTCUSD ticker | Best bid: 60.60000, Best ask: 61.30162, Bid-ask spread: 0.70162, Last trade: 60.60000, 24 hour volume: 162492.76340264, 24 hour low: 52.34560, 24 hour high: 72.35000, 24 hour vwap: 63.80453
chmod755: ThickAsThieves, mtgox is not in the US
chmod755: ThickAsThieves, i think they also do USD
mjr_: coinlab? gox's partners?
chmod755: and they're almost as old as mtgox
Bugpowder: coinlab has no experience in the big leagues
mjr_: while we are talking about this...someone said that you could place multiple orders on gox ie. with $1000 i can place $1000 orders at multiple price points
splnkr: i believe that was late-breaking news yesterday
Bugpowder: splnkr: This is just a speculative pullback. Not related to WSJ
assbot: [BTCTC] [BTC-BOND] 26 @ 0.009898 = 0.2573 BTC [-]
Bugpowder: mjr_: yes, but only what you have will get filled
ThickAsThieves: the irony is that lesser exchanges must match gox price to have a fair chance of getting enough users to not rely on gox
Bugpowder: I'm not sure if all will display on the order chart if you don't have the funds
assbot: [BTCTC] [BTC-BOND] 44 @ 0.009899 = 0.4356 BTC [+]
ThickAsThieves: cant use bitcoincentral when they wasnt such a premium in USD
Bugpowder: ThickAsThieves: first mover advantage. S.DICE will never be beaten by a clone either
jurov: ThickAsThieves it is NOT bitcoincentral's premium
mjr_: yeah, so you are sending manipulative signals into the market
mjr_: i can make the order book look really really thick
mjr_: and then pull the plug
jurov: it's just cause there are more buyers and less sellers there, so to speak
mjr_: if i can place an order...i can cancel that order
chmod755: Bugpowder, game idea: bernankeDICE - bloat bank databases with small bank transactions!
mjr_: chmod755: great idea!
Bugpowder: wow. The gox bid ask are soooo far off right now
gribble: BTCUSD ticker | Best bid: 61.51000, Best ask: 61.99000, Bid-ask spread: 0.48000, Last trade: 62.00001, 24 hour volume: 164600.00323438, 24 hour low: 52.34560, 24 hour high: 72.35000, 24 hour vwap: 63.77672
jurov: ThickAsThieves, i think even $5 difference in exchange rate is insignificant in the long run
chmod755: ThickAsThieves, just make a minimum on the bets
mjr_: what that is called, by the way, is Soft Buying Power
chmod755: i don't have a bank account in the US tho
mjr_: that is the limit to how many orders you can place
mjr_: Hard buying power is the limit to how many orders you can have filled
chmod755: ThickAsThieves, i could do something like that in Europe
mjr_: usually those numbers should be the same or maybe soft bp slightly higher
chmod755: lol 1000 transactions of 1EUR?
chmod755: ya, but if it changes from like a few tx per month
mjr_: anyways, my point is that gox is probably a horrible signal to listen to
mjr_: at least from a depth perspective
chmod755: mjr_, i prefer listening to music
mjr_: that is the obvious solution...
chmod755: ThickAsThieves, did you try exchanges?
chmod755: on a small exchange my money is more powerful!
assbot: [MPEX] [O.BTCUSD.C610T] 10 @ 0.0807819 = 0.8078 BTC [-]
mjr_: yes, it is more accurate...but still subjective somewhat
mjr_: because you basically choose what to include
mjr_: otc is a good price signal i think
mjr_: Bugpowder: can you place more orders than you have BP for?
mjr_: if i had my choice i would buy on btc-e and sell on bitfloor
Bugpowder: You can place more bids than you have funds for
mjr_: the suspense is killing me
Bugpowder: The bids you don't have funds for are not listed on the order book, starting from the lowest price down.
mjr_: on a buy order or sell?
mjr_: do they put the orders closest to top of the book or furthest
Bugpowder: So I placed a set of bids at 45-50, and by bids at 30 and 35 that I no longer have funds for disappear from the order bood
Bugpowder: but they are still listed on my own page as existing but unfunded.
mjr_: does that include api?
mjr_: ie. goxlive charts etc
mjr_: there site is slow too
assbot: [MPEX] [S.MPOE] 1300 @ 0.0006928 = 0.9006 BTC [+]
assbot: [MPEX] [S.MPOE] 5771 @ 0.00069279 = 3.9981 BTC [-]
mjr_: not sure where the complete book is
mjr_: not sure if they show it, but the end result is that there will be changes in the book that may not be expected
mjr_: especially if someone is running a bot and market making
Bugpowder: and the partially funded one shows up as 92.39 BTC instead of 100 BTC
mjr_: same with asks i am assuming
gribble: BTCUSD ticker | Best bid: 62.52000, Best ask: 63.64999, Bid-ask spread: 1.12999, Last trade: 63.64999, 24 hour volume: 165216.67676446, 24 hour low: 52.34560, 24 hour high: 71.99000, 24 hour vwap: 63.76409
mpexbot: smickles: 1 day: no data 7 day: average: 67.50549924 high: 70.00595985 low: 51.26011131 volume: 14615 btc: 3124.38329456 30 day: no data
assbot: [BTCTC] [GSDPT] 1 @ 0.00463 BTC [-]
mpexbot: smickles: O.BTCUSD.C750T Bids: ['11 @ 0.03308446', '1000 @ 0.00823144']
mpexbot: smickles: Asks: ['13 @ 0.04908448', '1000 @ 0.05281501']
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 67.50549924 high: 70.00595985 low: 51.26011131 volume: 14615 btc: 3124.38329456 30 day: no data
mjr_: and we find 120 seconds lag frustrating
gribble: Current Blocks: 227645 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 162 blocks | Next Difficulty In About: 18 hours, 25 minutes, and 35 seconds | Next Difficulty Estimate: 6615572.09208 | Estimated Percent Change: 36.46975
assbot: [HAVELOCK] [SDICE] 8 @ 0.509 = 4.072 BTC [+]
assbot: [HAVELOCK] [SDICE] 9 @ 0.509 = 4.581 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.509 = 3.054 BTC [+]
smickles: heh, goat is asking me about my offer to help people short s.mpoe
mpexbot: smickles: S.MPOE Bids: ['8990 @ 0.00069279', '5000 @ 0.00068222', '10000 @ 0.00068141', '4062 @ 0.00068033', '13500 @ 0.00067591']
mpexbot: smickles: Asks: ['1300 @ 0.00070068', '732 @ 0.00070069', '1300 @ 0.00070069', '22678 @ 0.0007007', '26444 @ 0.00070184']
assbot: [HAVELOCK] [SDICE] 56 @ 0.509 = 28.504 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.80698 = 1.614 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.80755 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.80769 = 3.2308 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8077 = 8.077 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.8077 = 4.0385 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.80945 = 16.189 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.80947 = 8.0947 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.83 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.835 = 3.34 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.845 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.8517 = 6.8136 BTC [+]
Bugpowder: mjr_: Joe Reddit mad at coin base. No sympathy here.
kakobrekla: regarding coinbase, what can you expect from mactards
assbot: [MPEX] [S.MPOE] 1300 @ 0.00070068 = 0.9109 BTC [+]
assbot: [MPEX] [S.MPOE] 732 @ 0.00070069 = 0.5129 BTC [+]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00070069 = 0.9109 BTC [+]
Namworld: producing nice design and poor code?
assbot: [MPEX] [S.MPOE] 7668 @ 0.0007007 = 5.373 BTC [+]
kakobrekla: hackers should do code, finance people should do finance and mactards can go play in the sandbox
chmod755: and kakobrekla should do kakobrekla!
assbot: [MPEX] [S.MPOE] 15010 @ 0.0007007 = 10.5175 BTC [+]
assbot: [MPEX] [S.MPOE] 26444 @ 0.00070184 = 18.5595 BTC [+]
assbot: [MPEX] [S.MPOE] 5646 @ 0.00070741 = 3.994 BTC [+]
gribble: BTCUSD ticker | Best bid: 61.40136, Best ask: 61.50110, Bid-ask spread: 0.09974, Last trade: 61.50109, 24 hour volume: 167094.40968927, 24 hour low: 52.34560, 24 hour high: 71.79900, 24 hour vwap: 63.67427
gribble: There are currently 8894.1816 bitcoins offered at or under 70.0 USD, worth 602226.070138 USD in total. | Data vintage: 0.0026 seconds
Bugpowder: sunday night, when the wires start clearing
tiberiusiv: bugpowder: wires clearing has nothing to do with anything.
tiberiusiv: first off bidders would already have been buying BTC, just to flip them to the new buyers if "wires clearing" bs. was true
tiberiusiv: amazing the level of ignorance of users.
ThickAsThieves: my name is tiberius and everything you say has nothing to do with anything
tiberiusiv: any new demand that is held up by technicalities is already priced in
tiberiusiv: people love to rationalize and explain away why something is at X price
tiberiusiv: yes and theres a reason 99% of them lose
tiberiusiv: 1% of traders are profitable in the long term
tiberiusiv: for example majority of fund managers cannot even beat the Sp500
tiberiusiv: trading is 0 sum, for someone to make money there has to be a loser
tiberiusiv: theres a reason why its the same people making the $ over and over
assbot: [MPEX] [S.MPOE] 1300 @ 0.0007074 = 0.9196 BTC [-]
assbot: [MPEX] [S.MPOE] 203 @ 0.00070741 = 0.1436 BTC [+]
assbot: [MPEX] [S.MPOE] 6755 @ 0.00070741 = 4.7786 BTC [+]
assbot: [MPEX] [S.MPOE] 8142 @ 0.00071369 = 5.8109 BTC [+]
tiberiusiv: look at the bitcoin crowd for example, less then 1% of thetotal "community" contributes anything
tiberiusiv: its like what 20-30 individuals running services?
tiberiusiv: so it will be a natural tendancy even in bitcoin for 1% to have all the wealth
Bugpowder: tiberiusiv: you are confusing an efficient market with the mtgox market.
Bugpowder: The tendency for downward moves during the weekend is real.
tiberiusiv: in bitcoin at the moment, about 20% of the users control 80% of the coins
ThickAsThieves: the events of the week can probably amplify or dampen that effect as well
Bugpowder: tiberiusiv: that is true in all things
awkorama: at least in bitcoin the tail won't be too long
tiberiusiv: since bitcoin has no bailout mechanism, alot of idiotic users ie those that use their coins wrecklessly drop out
tiberiusiv: lending bitcoins for example to people who sell them for fiat, you will lose
tiberiusiv: in the end i would say 1-2% of bitcoiners will control 80%+ of BTC
tiberiusiv: with the remaining 20% being fought over by the 99% percenters
ThickAsThieves: i will concede that generally buying and holding has been the safest way to invest in bitcoin and make profit
tiberiusiv: you havent made a profit until youve realized it.
tiberiusiv: its mathematically impossible for even 5% of total bitcoiners to all cashout
tiberiusiv: 100k which is 1% of bitcoins in circulation would collapse the price temporarily into the 30's
tiberiusiv: thickasthieves: the reality is that there are barely any viable bitcoin derived income producers
tiberiusiv: the only 2 currently are miners and gambling/speculative business's
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.771 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.771 = 6.939 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.763 = 3.052 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.76201 BTC [-]
tiberiusiv: because all other business's are not viable
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.761102 = 6.8499 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 11 @ 0.761102 = 8.3721 BTC [-]
Namworld: mining doesn't seem viable to me anymore
Namworld: Most of minings thing end up being a losing proposition it seems.
assbot: [HAVELOCK] [VTX] 1 @ 0.63 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.64 BTC [+]
tiberiusiv: out of the tens of thousands of metal miners, not even a handful are profitable
Namworld: It's also a Bitcoin derived income.
Namworld: It's a currency exchange CAD <-> BTC
Namworld: Well that's not really speculation to me if it's for cashing out/buying some BTC
tiberiusiv: 90% of exchange volume is speculation, only 10% is for someone who actually needs BTC
assbot: [HAVELOCK] [SDICE] 1 @ 0.509 BTC [+]
tiberiusiv: you realize its maybe 10% who are cashing in and out?
tiberiusiv: cashing in to buy BTC to trade for something else is not
tiberiusiv: theres only 2 things you really need BTC for if you want to spend, silkroad and gambling
Namworld: I think most of the current price is speculation
Namworld: Which is what makes me think the whole current price is mostly speculation
Namworld: Merchants accepting Bitcoins don't get good results it seems
tiberiusiv: all markets in the world are speculative in nature
Namworld: and there's not legit BTC spenders
tiberiusiv: are you aware 95% of oil contracts are speculators?
tiberiusiv: theres no reason to spend BTC on anything other then SK or gambling
assbot: [MPEX] [S.MPOE] 1300 @ 0.0006928 = 0.9006 BTC [-]
assbot: [MPEX] [S.MPOE] 8990 @ 0.00069279 = 6.2282 BTC [-]
tiberiusiv: theres nothing wrong with speculation.
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068222 = 3.4111 BTC [-]
assbot: [MPEX] [S.MPOE] 2510 @ 0.00068141 = 1.7103 BTC [-]
tiberiusiv: suppose you want to purchase a $1k laptop
tiberiusiv: are you going to want to get rid of your BTC or your Fiat first?
tiberiusiv: you want to get rid of the "bad" money first
tiberiusiv: thats why any business selling goods that can be obtained with fiat will not be successful.
tiberiusiv: hence why illegal activites work so well with BTC
smickles: wouldn't ya know it. I go to spend some bitcoins, and the product is on backorder :|
Namworld: I tried lending and it burned. I tried buying/flipping/holding stocks and it's a huge success. I tried options but I'm kind of failing at that.
Namworld: Good selection of BTC stocks seems to be the way to go.
tiberiusiv: namworld: you can only lend BTC to people/entities that have BTC derived income
Namworld: There's less than 25% of what's available that's actually good/interesting at all tho.
tiberiusiv: which is not even 5 people at this point
jurov: not even 5 people???
jurov: me, kakobrekla, mircea_popescu, ukto
Namworld: Gigavps paid, amazingrando defaulted.
jurov: yea evoorhees, burnside
Namworld: They were the two largest public miners.
jurov: at least one of them gets salary from btc foundation
tiberiusiv: as i said, we are at 0.001% of total users?
jurov: okay but not "less than 5"
ThickAsThieves: i'm playing a drinking game, every time tiberius quotes a % with authority
tiberiusiv: which is a statistical 0 when compared to the 100k+ BTC users
jurov: archive.org employees (they didn't disclose how much it's yet)
tiberiusiv: thats why there is so many scammers, most borrowers are short selling BTC and posting nothing as collateral
jurov: plus i'm sure there were other tens of people who mined in 2009-2011 and now their income is nicely boosted
tiberiusiv: and then they cannot cover their shorts, ie come up with the fiat to buy BTC at 10x the price to repay a loan
jurov: um, and what are we arguing about? i agree that 1% btc users control over 90% of everything
tiberiusiv: and 1% will end up with 90% of the coins
jurov: and thet most of volume is gambling and speculation (often indistinguishable from each other)
jurov: no, 90%. if i have btcs on blockchain.info, who controls them?
jurov: i'd say they are under their control practically
tiberiusiv: we arent argueing, i was simply explaining its impossible for a business that accepts BTC only to be viable against a fiat competitor
tiberiusiv: people will always spend their bad money(fiat) first
jurov: not if btc prices are cheaper
gwillen: tiberiusiv: that's now how gresham's law works
ThickAsThieves: what if they run off loaned money and then achieve dominance
jurov: we have plenty of externalities here
tiberiusiv: jurov: nope in a fixed monetary system the prices will never be cheaper then fiat.
jurov: such as credit card taxes and regulatory bs in many areas
jurov: if they are elided, btc prices can be lower there
tiberiusiv: if you spent your bitcoins 3months ago on a new television, you just paid 300% more for it then paying with fiat
jurov: won't happend with groceries, ofc
tiberiusiv: the only way BTC is cheaper is if the business is completely BTC based
tiberiusiv: meaning input costs are fully paid in BTC
jurov: what about people getting "short" fiat and converting everything to btc?
tiberiusiv: selling electronics and accepting BTC to sell for USD to pay suppliers, will NEVER be cheaper then just using fiat
jurov: there it's much simpler to pay btc than to convert back to fiat
tiberiusiv: but you still are overpaying in the long run
tiberiusiv: btc sales will always be low or none existant
tiberiusiv: other then people who cant obtain the fiat
tiberiusiv: bitcoinstore is a prime example, it wont be around in its present form in 6months
tiberiusiv: they are resorting to begging tactics for sales
jurov: and alpaca socks croaked long ago, yea?
tiberiusiv: no that seller probably sells 10x in fiat
tiberiusiv: but there suppliers have to be paid in fiat
jurov: what about the externalities? you didn't reply to that
tiberiusiv: so youve introduced exchange rate fees as well
tiberiusiv: the only externality is someone who doesnt have access to fiat and obtains BTC somehow
jurov: for example in whole eastern europe it often happens that banks are closed
jurov: and deposits frozen
jurov: it isn't reported in media, but in greece it happened several times already in past 5 years
tiberiusiv: and the last thing someone with frozen funds is going to be doing is shopping for laptops on bitcoinstore
gribble: topace_ was last seen in #bitcoin-assets 2 days, 19 hours, 51 minutes, and 43 seconds ago: <topace_> haha
jurov: and even here business cash transactions over 1000 euro are illegal
tiberiusiv: again the customer base for bitcoinstore is too small to be a viable business
tiberiusiv: jurov: that means you cant cash buy BTC without breaking the law
tiberiusiv: bitcoin consumer business's require bitcoin incomes
tiberiusiv: of which nobody has other then a tiny %
jurov: again, why you think one can't convert their fiat income right after payday and then use btc exclusively?
tiberiusiv: its cheaper to use the fiat to buy the goods you need
tiberiusiv: vs being down 5% off the bat just in exchange.
tiberiusiv: that is a critical difference most people do not understand
jurov: i'm talking about BOTH spending and saving
jurov: and added safety that once they convert, no one can freeze it
tiberiusiv: they would only have done well if they saved 100%
tiberiusiv: if they spent it, they missed out on the gains
ThickAsThieves: they woiuld have the maximum amount of their money in btc
jurov: O.o you lose me here
tiberiusiv: thickasthieves: i just said bitcoin is BETTER to save in
jurov: so you're suggesting to forego eating etc. and save bitcoins instead?
tiberiusiv: fiat also offers more guarantee of the product
jurov: look say i get 1000 euro paid. convert them immediately to 25BTC for 40 EURO/BTC
jurov: then later i convert some back to fiat at 45 EUR/BTC when i need groceries/etc.
jurov: say i convert 15BTC back
tiberiusiv: if i saved BTC at $20 in 2011. did i stop eating for an entire year?
jurov: yes that's the risk. but then one has usually only to wait day or two
jurov: for the rate to recover
tiberiusiv: you had to wait 2 years for the rate to recover from 2011
jurov: when it was not true? last time in 2011
jurov: then your saving would be hit, too
tiberiusiv: YOU DONT HOLD BALANCES YOU NEED TO SPEND IN BTC
jurov: that was only 1 month of 12. rest 11 month it would work
jurov: tiberiusiv is funny
ThickAsThieves: tiberius i think youre pretty smart but a lot of your arguments amount to "no suh!"
jurov: when the banks freeze, you starve too
tiberiusiv: any money you need for immediate consumption or consumption purposes
tiberiusiv: jurov you have the option of paper cash
tiberiusiv: you dont need to use the bank for anything otherthen cashing a paycheck
jurov: but then ALL of your money is inaccessible, with btc you still have half
tiberiusiv: even then you can cash it at 3rd parties
ThickAsThieves: people still hold fiat even with credit cards around forever
jurov: yes, you have to get paid in cash
tiberiusiv: BTC should only be used as a savings vehicle, and purchasing equities in viable BTC business's(which are rare)
ThickAsThieves: if the scales tip from fiat to btc, all these dynamics would shift anyway
tiberiusiv: for consumption purposes, especially when liquidity is *immediately* required
tiberiusiv: unless your lanlord accepts btc for food/rent
jurov: tiberiusiv, everyone gets paid to bank acct here and to get cash you have to pay a fee
jurov: so it's better to convert to btc outright
Namworld: I pay groceries by converting BTC -> fiat
jurov: yes, i convert back from btc only to pay for 2 weeks of groceries
tiberiusiv: someone that bought BTC on friday with their entire paycheck, is now down 10%+
Namworld: I actually get 100% of my income in BTC
tiberiusiv: they have to wait for the price to rebound in time, of which there is no guarantee
kakobrekla: look tiberiusiv we understand you are butthurt but calm down, its simple math nothing new to see here, move along
jurov: yes, but i believe on average this strategy will be successful
tiberiusiv: anyone that followed your advice over the last 2-3 years has either starved to death or forced to take losses for immediate consumption needs jurov.
jurov: so you talk so sure
awkorama: jurov: do you have a bitcoin topped debit card or something ?
tiberiusiv: a secret one that hes not telling us about
jurov: no. but i can convert to bitcoins in 2 days with seap transfer
jurov: then i either lend fiat
jurov: because i expect that the rest of my btc investment will make up for that
kakobrekla: you know, to be here, you have to be able to grasp price of btc can go down, is all.
jurov: so then i should be banned, no?
deadweasel: you can grasp it and still risk it all :)
jurov: Church of Gresham's Law
jurov: and well, if indeed the price falls back to $5.. then i'll get a job, i guess :D
jurov: i couldn't be living off coinbr then
assbot: [MPEX] [S.MPOE] 3100 @ 0.00069056 = 2.1407 BTC [+]
jurov: at least not with clear conscience, that is.
Namworld: What happened to tiberius? Was muted by assbot?
Namworld: I still see tiberius in the room
assbot: [MPEX] [S.BBET] 100 @ 0.0018 = 0.18 BTC [+]
assbot: [MPEX] [S.MPOE] 16050 @ 0.00069616 = 11.1734 BTC [+]
gribble: BTCUSD ticker | Best bid: 61.10002, Best ask: 61.35000, Bid-ask spread: 0.24998, Last trade: 61.10001, 24 hour volume: 165900.25850346, 24 hour low: 52.34560, 24 hour high: 70.78800, 24 hour vwap: 63.35623
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.07 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00409 BTC [-]
gribble: BTCUSD ticker | Best bid: 62.41109, Best ask: 62.88799, Bid-ask spread: 0.47690, Last trade: 62.84941, 24 hour volume: 159222.47535996, 24 hour low: 52.34560, 24 hour high: 70.78800, 24 hour vwap: 63.16369
gribble: There are currently 9945.1213 bitcoins offered at or under 70.0 USD, worth 678561.252983 USD in total. | Data vintage: 0.0025 seconds
assbot: [BTCTC] [B.YABMC] 1 @ 0.014 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.108 BTC [+]
gribble: There are currently 0 bitcoins offered at or under 60.0 USD, worth 0.0 USD in total. | Data vintage: 0.0021 seconds
gribble: There are currently 5618.6104 bitcoins demanded at or over 60.0 USD, worth 343256.721569 USD in total. | Data vintage: 9.9809 seconds
assbot: [BTCTC] [B.YABMC] 1 @ 0.014 BTC [+]
assbot: [BTCTC] [B.YABMC] 2 @ 0.01401 = 0.028 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01401 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.014 BTC [-]
assbot: [BTCTC] [B.YABMC] 10 @ 0.01625 = 0.1625 BTC [+]
assbot: [BTCTC] [B.YABMC] 59 @ 0.01989 = 1.1735 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01988 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01989 BTC [+]
assbot: [BTCTC] [B.YABMC] 99 @ 0.0199 = 1.9701 BTC [+]
assbot: [BTCTC] [B.YABMC] 334 @ 0.019929 = 6.6563 BTC [+]
Namworld: I haven't seen Ukto/Topace in a while
ThickAsThieves: i think topace said he was taking a break for the weekend
jurov: and our fellow goat seems to "wonder how shorting a stock on a guys own exchange would work" haha
assbot: [MPEX] [S.MPOE] 16319 @ 0.00069175 = 11.2887 BTC [-]
assbot: [MPEX] [S.MPOE] 1181 @ 0.00069415 = 0.8198 BTC [+]
unbalanced: Namworld, I see you run S.DICE-PT... currently lower than Havelock's SDICE so I wonder could I arb that? I only trade on HI so far but I keep seeing SDICE lower on MPEX and elsewhere so I may need to diversify.
unbalanced: Not sure if arbitrage is the right concept, but at least diversification.
unbalanced: Correct me if I'm wrong, I could only txfr the bitcoins around, not the SDICE shares between passthroughs?
unbalanced: going afk to grab a bite but will swing back later to check logs
ThickAsThieves: you could arb if you owned shares in each location, or if you bought on mpex and trasferred (in some bulk, minimums depends on who youre dealing with, as do fees)
assbot: [BTCTC] [B.YABMC] 1 @ 0.01992 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.635 = 6.35 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.5094 = 2.0376 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78 BTC [+]
smickles: unbalanced_away: some of the PT ops allow what is called 'in-kind exchange'
smickles: you'd basically need to strike deals with each individual
benkay: stablized somewhat around 63? am I reading this correctly?
gribble: There are currently 11411.366 bitcoins offered at or under 70.0 USD, worth 776280.483766 USD in total. | Data vintage: 0.0026 seconds
gribble: There are currently 6959.0102 bitcoins demanded at or over 60.0 USD, worth 426621.296056 USD in total. | Data vintage: 0.7264 seconds
smickles: benkay: I've heard that saying 'stable' or similar causes it to crumble
assbot: [HAVELOCK] [VTX] 4 @ 0.635 = 2.54 BTC [-]
assbot: [MPEX] [S.MPOE] 17400 @ 0.00069238 = 12.0474 BTC [-]
[\\\]: shipping in october, derp
[\\\]: how dare oyu question?!
assbot: [MPEX] [O.BTCUSD.P590T] 14 @ 0.07 = 0.98 BTC
assbot: [HAVELOCK] [VTX] 4 @ 0.64999999 = 2.6 BTC [+]
unbalanced: Thanks ThickAsThieves, smickles - I didn't think I was ready for the full MPEX but maybe at some point I'll get serious with this.
assbot: [HAVELOCK] [VTX] 4 @ 0.64999999 = 2.6 BTC [+]
unbalanced: Once I stop consistently doing the wrong thing at the wrong time I can begin to scale up.
unbalanced: Nothing against the funds... I'd just like to use all available options and buy at the best price each time.
unbalanced: Thanks for the link, I think I saw one from someone else the other day too but didn't get a chance to follow it that day.
ThickAsThieves: so youd want coinbr/mpex, btct.co, bitfunder.com, havelockinvestments.com
ThickAsThieves: also litecoinglobal.com if you wanna dabble in ltc thru sdice, etc
assbot: [HAVELOCK] [SDICE] 8 @ 0.52999999 = 4.24 BTC [+]
mircea_popescu: ThickAsThieves> i'm playing a drinking game, every time tiberius quotes a % with authority <<< lol
jurov: hi mircea_popescu, another magic world: deposits
assbot: [BTCTC] [CRYPTO-TRADE] 4 @ 0.2 = 0.8 BTC [+]
mircea_popescu: "There is a realistic possibility to me, that S.MPOE is in fact not owned by many actual individuals, rather than by few with multiple forum and bitcoin accounts. So please, consider my offer and be forewarned. I am just a messenger."
mircea_popescu: in a sense i suppose as a new guy it's just as good an assumption as any other.
assbot: [MPEX] [S.MPOE] 7169 @ 0.00069415 = 4.9764 BTC [+]
assbot: [MPEX] [S.MPOE] 4782 @ 0.00069569 = 3.3268 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.525 = 1.575 BTC [-]
jurov: lol would you be capable to restrain yourself into satoshi's writing style?
jurov: i don't think that possible
assbot: [MPEX] [S.MPOE] 21047 @ 0.00069238 = 14.5725 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00068153 = 0.886 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068152 = 3.4076 BTC [-]
assbot: [MPEX] [S.MPOE] 6203 @ 0.00068141 = 4.2268 BTC [-]
smickles: mircea_popescu: no pm yet on that offer to help rpietila short s.mpoe
ThickAsThieves: what do you guys think about an IPO consulting service
mircea_popescu: ThickAsThieves i imagine it will become quite a revenue stream as things develop
mircea_popescu: few people understand how to play strategically. putting out the cost to register today and expending the effort to trade/think it through will make you the investment banker of tomorrow.
mircea_popescu: and i bet you in 2015 there will be idiots joining in a la that estonian dood, all indignant that the powers that be in bitcoin don't give two shits for his second rate irl accomplishments
assbot: [HAVELOCK] [HIM] 1 @ 2 BTC [+]
mircea_popescu: because they prefer to promote people who put the time and effort in when it mattered, and already have years' experience recorded.
mircea_popescu: and lo and behold how fake and unfair it all is and how it won't survive.
ThickAsThieves: part of me wonders if i wouldnt just be facilitating scammers
mircea_popescu: except it'll survive just fine, and own their ass into a fine paste until they submit.
assbot: [HAVELOCK] [KCIM] 2 @ 1.25 = 2.5 BTC [+]
ThickAsThieves: i doubt even 75% of the assets are missing spelling/grammar errors in the prosp
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.829 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.834 = 5.004 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.834 = 6.672 BTC [+]
jurov: well, actually i'm thinking about an IPO (not coinbr) and who could be consultant
jurov: but that service needs to plug bitcoins in anyway
jurov: and i seriously doubt it will be mpex worthy anyway, more like ltc-global
jurov: both creditor and consultant of last resort :)
assbot: [BTCTC] [COGNITIVE] 3 @ 0.158 = 0.474 BTC [-]
assbot: [HAVELOCK] [SDICE] 50 @ 0.5095 = 25.475 BTC [-]
assbot: [HAVELOCK] [SDICE] 26 @ 0.5094 = 13.2444 BTC [-]
mjr_: by far the best bitcoin channel
mjr_: loooking forward to seeing the next diff
mjr_: i think petahashes by late summer is very possible
assbot: [MPEX] [S.MPOE] 1287 @ 0.00068141 = 0.877 BTC [-]
gribble: Next difficulty estimate | 6640584.46211 based on data since last change | 7590073.16023 based on data for last three days
ThickAsThieves: needs to increase at least, what, 25% each difficulty ti make X.IDIFF.JUn profitable?
assbot: [MPEX:X.IDIFF.JUN] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / / ( shares, BTC), 30D: 0.08995 / 0.22998333 / 0.3 (3 shares, 0.69 BTC)
mpexbot: mircea_popescu: X.IDIFF.JUN Bids: ['149 @ 0.08995']
mpexbot: mircea_popescu: Asks: ['60 @ 0.24995', '8 @ 0.45', '30 @ 0.775']
jurov: but it will expire long before then
jurov: so i'm not sure if i buy at 0.24995 it will be significantly profitable at all
jurov: and mp refuses to reveal the backing, don't remember why
jurov: i mean, if the difficulty oversteps the collateral, idiff expires automatically
jurov: but you don't know the collateral, you can only guess
jurov: and it seems quite successful, 381 shares sold so far (arounf 0.1 each)
jurov: aside from the cover difference, mine expire much sooner
jurov: also it has interesting psychological effect, when i raised iDiff-O backing to 0.3BTC max, someone asked whether it's prediction
jurov: maybe it was you ThickAsThieves, no?
ThickAsThieves: i just look to see if i think i might have a chance at 10% or so
jurov: ofc it isn't a prediction. the price i sell them is a prediction+healthy margin
jurov: but it helps sales anyway i guess :)
assbot: [MPEX] [S.MPOE] 13500 @ 0.00067591 = 9.1248 BTC [-]
assbot: [HAVELOCK] [VTX] 4 @ 0.62 = 2.48 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.53 BTC [+]
gribble: BTCUSD ticker | Best bid: 63.38154, Best ask: 63.79372, Bid-ask spread: 0.41218, Last trade: 63.00000, 24 hour volume: 150392.80612442, 24 hour low: 52.34560, 24 hour high: 70.50250, 24 hour vwap: 62.64420
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.26732239 / 68.67982696 / 69.97754937 (21630 shares, 6,022.77 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
thestringpuller: mircea_popescu: "I've always wanted to try my hand at investing, but I don't have much "spare" money, and am currently not working at all. BTCs are offering me an opportunity to not only invest starting small, but learn so much about international monetary policy, trading, markets & so forth. The BTC community here on Reddit is amazing (minus the inevitable trolls of course), and probably the most helpful and sincere group of people I've come a
assbot: [HAVELOCK] [KCIM] 2 @ 1.25 = 2.5 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 2 BTC [+]
benkay: whoever that is isn't an accredited investor
benkay: they're going to get RUINED
benkay: someone make some laws to protect them from themselves
assbot: [HAVELOCK] [SDICE] 5 @ 0.53 = 2.65 BTC [+]
thestringpuller: This guy is a genius. Lets invest 5000 BTC in benkay right now.
benkay: i don't take dumb money.
benkay: do you bring something to investor/dev rel'n beyond cash?
thestringpuller: "We need you to regulate Bitcoin for us. A system that is not backed by any government to protect themselves from themselves"
benkay: homes I was makin teh funnies.
benkay: i really feel for you real processors
jurov: that's why satoshidice has ad on reddit
benkay: the pretend money space is so much more relaxed
benkay: and by relaxed i mean that instead of worrying about governments one worries about everyone
jurov: "Win Bitcoins while stress testing the network" ftw
assbot: [MPEX:S.DICE] 1D: 0.0044444 / 0.0044444 / 0.0044444 (100 shares, 0.44 BTC), 7D: 0.00320003 / 0.00441309 / 0.005598 (312412 shares, 1,378.70 BTC), 30D: 0.00300001 / 0.00545082 / 0.00638999 (1286541 shares, 7,012.71 BTC)
ThickAsThieves: abstractly speaking i've considered in the past that as a species we should spend some effort figuring out ways to make society more adaptable to paradigm shifts
benkay: gotta get some flex in the regulatory apparatuses
benkay: and philosophically speaking, ossification of power systems is a monotonic thing
ThickAsThieves: good example being how the internet gutted business, or globalization, etc
ThickAsThieves: changes that are bigger than just one state or country
benkay: "stress testing my cock"
benkay: i hear stress test, I think
gribble: There are currently 11864.004 bitcoins offered at or under 70.0 USD, worth 806882.964797 USD in total. | Data vintage: 0.0029 seconds
gribble: There are currently 7816.305 bitcoins demanded at or over 60.0 USD, worth 479145.312198 USD in total. | Data vintage: 2.9141 seconds
gribble: There are currently 3204.9602 bitcoins offered at or under 67.0 USD, worth 210775.267292 USD in total. | Data vintage: 14.9539 seconds
assbot: [HAVELOCK] [VTX] 1 @ 0.64 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.64 BTC [+]
assbot: [HAVELOCK:HIM] 1D: 1.99999987 / 1.99999996 / 2.00000000 (3 shares, 5.99999987 BTC), 7D: 1.80000000 / 1.9774827 / 2.00000000 (133 shares, 263.00519931 BTC), 30D: 1.40000000 / 2.32302446 / 18.00000000 (554 shares, 1286.95555166 BTC)
benkay: stress test != flight test
benkay: stress test can burn up the drives on a poorly set up cluster
benkay: you know, overload load balancer
gribble: smickles was last seen in #bitcoin-assets 1 hour, 34 minutes, and 33 seconds ago: <smickles> i think there's money in that
benkay: i'm always down for behavioral tests
benkay: "look and feel and fit"
benkay: i'm eager to know what kind of stress tests you want performed on your dick
mjr_: i'd rather use my dick to stress test a vagina
KRS1: i'd go for the vibration test
KRS1: hey mircea u have any more gore
mircea_popescu: i tell you sir we here at house of mircea have no gore
assbot: [HAVELOCK] [SDICE] 15 @ 0.53 = 7.95 BTC [+]
assbot: [HAVELOCK] [SDICE] 140 @ 0.53 = 74.2 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.848 = 8.48 BTC [+]
Namworld: I've added Havelock Investments to my spreadsheet tools
assbot: [HAVELOCK] [VTX] 1 @ 0.64 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 5 @ 0.2 = 1 BTC [+]
assbot: [BTCTC] [BTC-BOND] 2 @ 0.00983 = 0.0197 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00366 = 0.0732 BTC [-]
gribble: Current Blocks: 227700 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 107 blocks | Next Difficulty In About: 11 hours, 46 minutes, and 47 seconds | Next Difficulty Estimate: 6643433.27569 | Estimated Percent Change: 37.04449
mjr_: if these helveticoin guys turn out to be legit...
mjr_: could be crazy high
gribble: BTCUSD ticker | Best bid: 63.60681, Best ask: 63.60682, Bid-ask spread: 0.00001, Last trade: 63.60681, 24 hour volume: 150365.18509571, 24 hour low: 52.34560, 24 hour high: 70.16398, 24 hour vwap: 62.60693
gribble: There are currently 12199.101 bitcoins offered at or under 70.0 USD, worth 829607.232292 USD in total. | Data vintage: 0.0026 seconds
Namworld: man, getting the amount of each shares, average price and balance on each stock exchange feels neat
mjr_: Namworld: can i get the link again?
Namworld: I need to republish the updated script
mjr_: looking forward to trying it out
Namworld: lotta functions in there. Many different APIs
Namworld: and each api has different urls for different kinds of data
mjr_: it integrates with coinbr?
jurov: coinbr has no api yet
Namworld: yeah, coinbr/Bitfunder don't have API yet so I haven't included that
jurov: iirc, you had something for options too?
jurov: cool! i tried and partially succeeded to import mpex option prices into gdoc, but felt like terrible hack
assbot: [HAVELOCK] [SDICE] 7 @ 0.53 = 3.71 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.711 BTC [+]
Namworld: VTX doing so well I can hardly believe it.
assbot: [HAVELOCK] [VTX] 2 @ 0.74899 = 1.498 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.74899 BTC [+]
gribble: BTCUSD ticker | Best bid: 67.10000, Best ask: 67.10001, Bid-ask spread: 0.00001, Last trade: 67.10000, 24 hour volume: 116721.98905975, 24 hour low: 52.34560, 24 hour high: 69.50000, 24 hour vwap: 62.24099
assbot: [MPEX] [S.MPOE] 1300 @ 0.00066958 = 0.8705 BTC [+]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00066957 = 1.2722 BTC [-]
gribble: BTCUSD ticker | Best bid: 67.22003, Best ask: 67.75000, Bid-ask spread: 0.52997, Last trade: 67.22002, 24 hour volume: 93650.08079424, 24 hour low: 55.00000, 24 hour high: 69.50000, 24 hour vwap: 64.22593
assbot: [HAVELOCK] [VTX] 1 @ 0.749 BTC [+]
Bowjob: it was 0.39 when it launched
mircea_popescu: this is becoming a pattern. new ipo, goes to 2x, fades then
Bowjob: i made the wrong call about vtx, didnt think they were worth 3 mil.
Namworld: Actually, assets on Havelock seem to hover around or under 10% per year
assbot: Are you sure you have no tobacco?
assbot: [HAVELOCK:VTX] 1D: 0.57099998 / 0.62809414 / 0.74900000 (283 shares, 177.75064253 BTC), 7D: 0.38280000 / 0.40438482 / 0.74900000 (10630 shares, 4298.61068602 BTC), 30D: 0.38280000 / 0.40438482 / 0.74900000 (10630 shares, 4298.61068602 BTC)
Namworld: and cavirtex charges 0.5-3% depending on volume.
Namworld: and has at least 7000 BTC traded weekly. Let's say an average of 2% in fees taken and that's 140 BTC, divided by 100k shares for 0.0014 weekly per share. x52 weeks = 0.0728 BTC yearly
Namworld: At 10% yearly, VTX would be worth 0.72 BTC per share
Bowjob: 10% a year in dividends is really good for a stock.. plus, the price appreciation
Bowjob: assuming coinlab doesnt squish them
Namworld: just like MtGox, unsurprisingly.
Namworld: Cavirtex is very good for the canadian market.
Bowjob: So that malaysian guy wants to use BTC to pass customs
Bowjob: well, we dont know if hes malasian
mircea_popescu: yeah, if they play right with the capital they got in ipo
Namworld: I wonder if they'd expend to the US
Namworld: But the service is top notch and good options for deposit/withdrawals.
Namworld: You have to provide identification papers tho to benefit from all they offer.
mircea_popescu: the only catch here is for their service to STAY top notch.
mircea_popescu: here's my idea : they have say 10k bank transfer limit.
mircea_popescu: as long as their trade grows from 1k to 5k to 8k it all seems top notch and scaling well.
Namworld: Still, if it goes slow because of trading volume, I would complain of service quality but not dividends.
Namworld: Ah, sad I didn't have more funds for that IPO
mircea_popescu: if company starts doing W instead.... no Y. maybe 0.5 Y, maybe 0.1 Y maybe 0 Y
mircea_popescu: i wouldn't buy mtgox shares atm, i'd sell them short to all hell.
assbot: [HAVELOCK] [VTX] 1 @ 0.747 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00067969 = 0.8836 BTC [+]
assbot: [MPEX] [S.MPOE] 2200 @ 0.0006797 = 1.4953 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.26803985 = 268.0399 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.74554357 = 1.4911 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.731 = 2.193 BTC [-]
Namworld: Looks like getting those calls was a good idea.
assbot: [MPEX] [O.BTCUSD.P750T] 10 @ 0.1607531 = 1.6075 BTC [-]
Namworld: Looks like that's not covering
assbot: [MPEX] [S.BBET] 500 @ 0.00201401 = 1.007 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27075717 = 270.7572 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27085926 = 270.8593 BTC [+]
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27083304 = 270.833 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 1 @ 0.000719 BTC [+]
assbot: Last trade for VTX on HAVELOCK was at 0.731 BTC [-]
assbot: Last trade for S.DICE on MPEX was at 0.00406127 BTC [-]
gribble: BTCUSD ticker | Best bid: 68.03000, Best ask: 68.38000, Bid-ask spread: 0.35000, Last trade: 68.02002, 24 hour volume: 75739.57028674, 24 hour low: 60.31012, 24 hour high: 69.50000, 24 hour vwap: 64.96990
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27093498 = 270.935 BTC [+]
error4733: "24 hour volume: 75739.57028674" x 68 = 5M$ seems legit
error4733: i read this wrong ? 75K BTC trade in the last 24h ?
mircea_popescu: redditor wants to know "How do keep your wallet on your computer synced with your wallet on your mobile?"
Namworld: no, "75K BTC trade in the last 24h ?"
Bowjob: redditors are insanely generous
Namworld: I sense coins flowing my way...
Bowjob: this one dude gave like 350 BTC free
mircea_popescu: Say I have most of my money at home in my computer. I am on the road without access to it and I need to spend some bitcoins.
mircea_popescu: Ooops I am out of luck. All my money is at home and I have no way to get at it."
Bowjob: oh and i accidentally wore shirt backwards, according to some asian culture
Bowjob: its a sign of insanely good luck
Bowjob: gee. i wonder what that is
Bowjob: id prefer a more obvious sign of luck
Chaang-Noi: i see if i go away for a weekend when i come back all is normal:)
Chaang-Noi: i have no doubt in my mind that you really where
Chaang-Noi: anyone get any deals in that flash crash to 52.31?
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27117008 = 271.1701 BTC [+]
Bowjob: we got an enterainment deal.. those bears deserved it
Bowjob: it was too risky selling at the top
gribble: BTCUSD ticker | Best bid: 68.03002, Best ask: 68.37999, Bid-ask spread: 0.34997, Last trade: 68.03002, 24 hour volume: 73431.39868107, 24 hour low: 60.31012, 24 hour high: 69.50000, 24 hour vwap: 64.99730
Bowjob: proudhon called it a downtrend.. so the opposite happened
Bowjob: he should get an award for consistently failing his calls
Chaang-Noi: well when i saw 52 i was wondering if 32 would get hit
Chaang-Noi: 68 on a sunday, damn... i wonder about next week!
Bowjob: that flash crash.. i speculate its just a few big sellers, then noobs jumped in
Bowjob: learned an expensive lesson. and bought back at a higher price
damientrog: what kind of dump volume would cause such a flash crash?
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27114431 = 271.1443 BTC [-]
Bowjob: yeah but why the value??
Chaang-Noi: becasue it was premined and they got the difficulty way high
Bowjob: and btc-e tolerates this?
Chaang-Noi: when you premine the shit out of a coin like that its not hard to keep it up
Chaang-Noi: they got paid like 300000 nvc before it evengot listed
kakobrekla: aparently in 2011 and 2012 all the idiots thoguht they are cool for a bitcoin biz
Chaang-Noi: "Just checked the queue, there are 5500 accounts pending verification at this very moment." at gox that is damn bullish
gribble: Error: "goxverificationlag" is not a valid command.
Bowjob: ". Since we have a limited number of available chips for the first batch, I will not, in good conscience, be taking a large swath of them."
kakobrekla: well a bunch of money is still puring in
gribble: Next difficulty estimate | 6678297.40921 based on data since last change | 7641687.50681 based on data for last three days
Bowjob: So apparently if bfl gets their shit together, they will keep some mining rigs for themselves?
error4733: i'll do the same if i was running a ascis factory
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.2703313 = 270.3313 BTC [-]
error4733: i hope this Ddos attak on SwC is from a oncurrent
error4733: SatoshiPoker ! Erik if you're there, please make that real
assbot: [BTCTC] [S.MPOE-PT] 30 @ 0.000674 = 0.0202 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 17 @ 0.00066 = 0.0112 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 60 @ 0.000657 = 0.0394 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 25 @ 0.00065 = 0.0163 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 10 @ 0.00061 = 0.0061 BTC [-]
kakobrekla: gox > 2. Order lag is simply linked to large/unusual activity. We are working on a new trade engine that will reduce lag for large activity (this is our current main priority alongside keeping things secure and ensuring our legal compliance). Note that even if the engine is lagging, orders are guaranteed to be executed in the same order they were placed.
gribble: Current Blocks: 227801 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 6 blocks | Next Difficulty In About: 38 minutes and 34 seconds | Next Difficulty Estimate: 6692199.0965 | Estimated Percent Change: 38.05046
assbot: [MPEX] [S.MPOE] 4180 @ 0.0006698 = 2.7998 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.843995 = 1.688 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 245 @ 0.0006 = 0.147 BTC [-]
assbot: [BTCTC] [SYNERGY] 9 @ 0.007 = 0.063 BTC [-]
gribble: BTCUSD ticker | Best bid: 67.71234, Best ask: 67.97000, Bid-ask spread: 0.25766, Last trade: 67.71234, 24 hour volume: 67103.69556708, 24 hour low: 60.31012, 24 hour high: 69.50000, 24 hour vwap: 64.99679
assbot: [MPEX] [O.BTCUSD.C510T] 1000 @ 0.27074638 = 270.7464 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.131 BTC [-]
assbot: [BTCTC] [COGNITIVE] 10 @ 0.1306 = 1.306 BTC [-]
assbot: [BTCTC] [COGNITIVE] 5 @ 0.13 = 0.65 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.843995 = 1.688 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.0099 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.843995 BTC [-]
assbot: [HAVELOCK] [VTX] 4 @ 0.74895 = 2.9958 BTC [+]
Uglux: maybe he invites you in his TV show now :>
Bowjob: avalon still breaks even in 5 days
Bowjob: honestly, ill get my shit... the diff might be like 10m
kakobrekla: "i can make pancakes - so i must be able to use bitcoin"
Bowjob: we'll see single digits soon
Bowjob: 1 mBTC = $1 parity event
Uglux: so proudhon was right all the time
assbot: [BTCTC] [BTC-MINING] 3 @ 0.021 = 0.063 BTC [-]
gribble: BTCUSD ticker | Best bid: 67.22000, Best ask: 67.22001, Bid-ask spread: 0.00001, Last trade: 67.22000, 24 hour volume: 64537.66062626, 24 hour low: 60.31012, 24 hour high: 69.50000, 24 hour vwap: 65.00382
assbot: [BTCTC] [S.MPOE-PT] 45 @ 0.0006 = 0.027 BTC [-]
mircea_popescu: instead of thinking he's suffering from every entry in the nosology book, like normal interns
assbot: [MPEX] [S.MPOE] 1300 @ 0.00066987 = 0.8708 BTC [+]
assbot: [MPEX] [S.MPOE] 820 @ 0.00066986 = 0.5493 BTC [-]
assbot: [MPEX] [S.MPOE] 150 @ 0.00066957 = 0.1004 BTC [-]
assbot: [MPEX] [S.MPOE] 1630 @ 0.00066656 = 1.0865 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.843994 = 7.5959 BTC [-]
assbot: Good morning, may you serve the Lord, and may His holy dominion guide you through your dismal life.
assbot: [MPEX] [S.MPOE] 8370 @ 0.00066656 = 5.5791 BTC [-]
assbot: [MPEX] [S.MPOE] 7280 @ 0.00066655 = 4.8525 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.0006 = 0.0012 BTC [-]
thestringpuller: mircea_popescu: When will there be a shareholders meeting?
assbot: [MPEX:S.DICE] 1D: 0.00406127 / 0.00410987 / 0.0044444 (2418 shares, 9.94 BTC), 7D: 0.00320003 / 0.00435464 / 0.005598 (288838 shares, 1,257.79 BTC), 30D: 0.00300001 / 0.00544752 / 0.00638999 (1286528 shares, 7,008.39 BTC)
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.26732239 / 68.48072218 / 69.69362193 (24630 shares, 6,346.18 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [MPEX] [S.MPOE] 21992 @ 0.00066655 = 14.6588 BTC [-]
assbot: [MPEX] [S.MPOE] 3919 @ 0.00066079 = 2.5896 BTC [-]
thestringpuller: Must be dividends paying week for the price to drop that low.
Chaang-Noi: will there be dividends for dive this month?
assbot: [MPEX] [S.MPOE] 3381 @ 0.00066079 = 2.2341 BTC [-]
assbot: [MPEX] [S.MPOE] 10969 @ 0.00065768 = 7.2141 BTC [-]
assbot: [MPEX] [S.DICE] 225 @ 0.00439999 = 0.99 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.825 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.822 = 4.11 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.82 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.52999999 BTC [-]
assbot: [MPEX] [S.MPOE] 2700 @ 0.00066236 = 1.7884 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.53 = 2.12 BTC [+]
assbot: [MPEX] [S.DICE] 2148 @ 0.004 = 8.592 BTC [-]
assbot: [MPEX] [S.DICE] 10000 @ 0.004 = 40 BTC [-]
assbot: [BTCTC] [BTC-BOND] 6 @ 0.009899 = 0.0594 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.0041 BTC [-]
assbot: [BTCTC] [GSDPT] 15 @ 0.00403 = 0.0605 BTC [-]
assbot: [BTCTC] [GSDPT] 18 @ 0.00402 = 0.0724 BTC [-]
assbot: [BTCTC] [GSDPT] 7 @ 0.00402 = 0.0281 BTC [-]
assbot: [BTCTC] [GSDPT] 149 @ 0.00402 = 0.599 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 215 @ 0.000585 = 0.1258 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.821 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 20034 @ 0.0006 = 12.0204 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.821 = 4.105 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.82 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.82 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.52 = 4.68 BTC [-]
assbot: [HAVELOCK] [VTX] 4 @ 0.74879999 = 2.9952 BTC [-]
gribble: Time since last block: 1 minute and 14 seconds
assbot: [HAVELOCK] [VTX] 1 @ 0.7488 BTC [+]
gribble: Current Blocks: 227833 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1990 blocks | Next Difficulty In About: 1 week, 2 days, 3 hours, 4 minutes, and 57 seconds | Next Difficulty Estimate: 7798057.04105 | Estimated Percent Change: 16.46146
assbot: [MPEX] [S.MPOE] 100 @ 0.00067516 = 0.0675 BTC [+]
gribble: BTCUSD ticker | Best bid: 69.22001, Best ask: 69.89880, Bid-ask spread: 0.67879, Last trade: 69.15100, 24 hour volume: 53590.65591553, 24 hour low: 60.31012, 24 hour high: 70.80000, 24 hour vwap: 65.02820
gribble: There are currently 13727.664 bitcoins offered at or under 75.0 USD, worth 1004783.82347 USD in total. | Data vintage: 0.0025 seconds
gribble: There are currently 5320.6814 bitcoins demanded at or over 65.0 USD, worth 356090.217043 USD in total. | Data vintage: 21.7412 seconds
assbot: [HAVELOCK] [VTX] 1 @ 0.7487 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.7488 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.53 = 1.06 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.53 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.7487 BTC [-]
ThickAsThieves: it's funny sometimes Havelock shows - when it should be +, somehting to do with how matching orders don't get filled immediately there I bet
assbot: [HAVELOCK] [VTX] 1 @ 0.7488 BTC [+]
assbot: [MPEX] [S.MPOE] 731 @ 0.00065768 = 0.4808 BTC [-]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00065653 = 3.6766 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.53 = 4.77 BTC [+]
assbot: [MPEX] [S.MPOE] 5891 @ 0.00065652 = 3.8676 BTC [-]
assbot: [MPEX] [S.MPOE] 5809 @ 0.00067509 = 3.9216 BTC [+]
assbot: [MPEX] [S.MPOE] 8926 @ 0.00065583 = 5.8539 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1097 BTC [+]
assbot: [MPEX] [S.DICE] 500 @ 0.0043999 = 2.2 BTC [+]
gribble: Current Blocks: 227842 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1981 blocks | Next Difficulty In About: 1 week, 2 days, 1 hour, 5 minutes, and 45 seconds | Next Difficulty Estimate: 8074724.41934 | Estimated Percent Change: 20.5934
gribble: BTCUSD ticker | Best bid: 68.50001, Best ask: 68.51000, Bid-ask spread: 0.00999, Last trade: 68.51000, 24 hour volume: 52567.32160321, 24 hour low: 60.31012, 24 hour high: 70.80000, 24 hour vwap: 65.13060
smickles: mircea_popescu: How's your NPD going today?
smickles: Have you been staying away from mirrors like the doc said to?
mpexbot: smickles: S.DICE Bids: ['2000 @ 0.004004', '352 @ 0.004', '1512 @ 0.0038512', '1000 @ 0.00385001', '1000 @ 0.00380002']
mpexbot: smickles: Asks: ['4259 @ 0.00439999', '194974 @ 0.0044', '500 @ 0.00444437', '900 @ 0.0044444', '204 @ 0.00444442']
jurov: nah, mirrors. he should rather forbid the girls to call him "master"
smickles: c'mon, that's just a healthy sexlive
jurov: you do have healthy sex life, too?
assbot: [HAVELOCK] [SDICE] 2 @ 0.53 = 1.06 BTC [+]
smickles: yeah, but in another way. My wife's pregnant, so she's ready and willing most all the time
jurov: pregnant again? sry if i misunderstand your family situation
jurov: congrats in any case ;)
smickles: heh, the process takes a while. She's due mid may
jurov: ic... she has no clock buffers, so you have to wait :)
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067508 = 3.3754 BTC [+]
assbot: [MPEX] [S.MPOE] 8148 @ 0.00067509 = 5.5006 BTC [+]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00067969 = 0.8836 BTC [+]
assbot: [MPEX] [S.MPOE] 819 @ 0.0006797 = 0.5567 BTC [+]
jurov: S.MPOE, WAT UR DOIN
jurov: lol prolly i miss bowjob
gribble: Current Blocks: 227847 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1976 blocks | Next Difficulty In About: 1 week, 2 days, 0 hours, 32 minutes, and 52 seconds | Next Difficulty Estimate: 7802484.10798 | Estimated Percent Change: 16.52758
[\\\]: secure the network they said
[\\\]: asicminer div just got included in a block
assbot: [MPEX] [O.BTCUSD.C730T] 3 @ 0.05191801 = 0.1558 BTC
gribble: BTCUSD ticker | Best bid: 70.00000, Best ask: 70.70000, Bid-ask spread: 0.70000, Last trade: 70.70000, 24 hour volume: 50443.42134716, 24 hour low: 60.31012, 24 hour high: 70.80000, 24 hour vwap: 65.36583
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.75 = 5.25 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 3 @ 0.05265701 = 0.158 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.8 = 4.8 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 44 @ 0.8 = 35.2 BTC [+]
[\\\]: DeaDTerra, time to wake up and process ;)
assbot: [MPEX] [O.BTCUSD.C730T] 3 @ 0.05265701 = 0.158 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.516 BTC [-]
mpexbot: smickles: S.DICE Bids: ['2000 @ 0.004004', '352 @ 0.004', '1512 @ 0.0038512', '1000 @ 0.00385001', '1000 @ 0.00380002']
mpexbot: smickles: Asks: ['4259 @ 0.00439999', '194974 @ 0.0044', '500 @ 0.00444437', '900 @ 0.0044444', '204 @ 0.00444442']
smickles: quite a bit higher on havelock
assbot: [MPEX] [O.BTCUSD.C730T] 2 @ 0.05090501 = 0.1018 BTC [-]
mjr_: has anyone seen rogue trader?
smickles: "A rogue trader is an authorized employee making unauthorized trades on behalf of their employer."
mjr_: the movie with ewan mcgregor
mjr_: its an amazing trading movie
KRS1: market price on mt gox makes no sense to me..everything i know about markets tells me it should have been going down by now. i'm not an expert by anymeans however.
mjr_: what tells you it should be going down by now?
KRS1: maybe not go down..plateu?
mjr_: we are down from the high...
mjr_: decreased weekend volume means less liquidity
mjr_: higher spreads and more volatility
mjr_: we also had a big jump in difficulty
mjr_: that SHOULD tamp down on the supply flowing in
KRS1: which might raise it higer?
mjr_: think the miners were doing a block every 6-7 minutes
mjr_: that should go back to around 10
mjr_: yes, lower supply from mining pools
mjr_: i'm just thinking out loud
assbot: [MPEX] [O.BTCUSD.C730T] 2 @ 0.05469641 = 0.1094 BTC [+]
mjr_: i haven't really sold at all...but i have a price target that i want to hit by 2014
KRS1: thanks ill take from that and try to grasp it
mjr_: in an efficient market, with a lot of liquidity, you would see the jump in difficulty priced in
mjr_: this aint a market like that
mjr_: signals are all weird...
wao: mjr_: downloading rogue trader
mjr_: because of inefficiencies
KRS1: which point to high volitility but overall health
mjr_: 5500 accounts waiting to open ongox
mjr_: they aint going there to sell i bet
mjr_: coinbase seems to be quite fucked in fulfilling demand
mjr_: none of these mean that it HAS to go up...any guy who wants to buy himself a nice car could drop the price signifigantly
KRS1: this is a great link thanks smickles
mjr_: speaking of which, anyone seen the 6 wheel mercedes g-wagon?
assbot: [MPEX] [O.BTCUSD.C730T] 2 @ 0.05283951 = 0.1057 BTC [-]
mjr_: only a few military grade trucks could outperform you...and they wouldn't look as cool :)
assbot: [MPEX] [O.BTCUSD.C730T] 2 @ 0.05197551 = 0.104 BTC [-]
smickles: jeez, that thing tears the fuck out of the land
assbot: [HAVELOCK] [VTX] 1 @ 0.7448 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.7448 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 57 @ 0.8 = 45.6 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 2 @ 0.05197551 = 0.104 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 2 @ 0.05419401 = 0.1084 BTC [+]
assbot: [HAVELOCK] [VTX] 13 @ 0.7448 = 9.6824 BTC [-]
smickles: see my refutation using actual studies to back it up
mjr_: smickles: yeah, it is a beast of a truck
mjr_: and yeah, you can retrofit any theory to back up your chart patterns...at the beginning of a "head and shoulders" very few can successfully call the head and shoulders...you see it after it has happened
mjr_: i mean that guy not you by the way
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05419401 BTC [+]
smickles: mjr_: where you around back when someone claimed to have spotted a head and shoulders int the btc/usd price a while ago? it became a small meme when someone else colored it like batman
assbot: [BTCTC] [S.DICE-PT] 48 @ 0.00384 = 0.1843 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 31 @ 0.00384 = 0.119 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.00385 = 0.385 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 500 @ 0.00383 = 1.915 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8395 = 2.5185 BTC [+]
mjr_: haven't seen many head and shoulders but cup and handle has been going around a lot
mjr_: simple point is that just cuz it did that .5 seconds ago, means jack shit to what it does in the next .5 seconds...especially when you have such a small sample size
mjr_: how does a chart possibly tell me someone is going to unload a half a mill cuz they decided to buy a house
mjr_: only a handful of really big traders
mjr_: and they can move the price dollars up or down
mjr_: but not only is there volatility...its also volatility of volume and size
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05418651 BTC [-]
gribble: BTCUSD ticker | Best bid: 70.59701, Best ask: 70.98000, Bid-ask spread: 0.38299, Last trade: 70.98000, 24 hour volume: 46477.06384271, 24 hour low: 60.37000, 24 hour high: 71.43825, 24 hour vwap: 66.26052
gribble: Next difficulty estimate | 7882079.03307 based on data since last change | 7826894.02138 based on data for last three days
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05401701 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.516 BTC [-]
mjr_: ThickAsThieves: those estimates won't mean anything till we get a bigger sample size
mjr_: smickles: here is something funny to watch though
mjr_: easy way to make a shit ton of money if you caught that bottom...
mjr_: especially if you were leveraged 5 to 1 on bitfinex
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05401701 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00067563 = 0.8783 BTC [-]
assbot: [MPEX] [S.MPOE] 4200 @ 0.00067564 = 2.8377 BTC [+]
ThickAsThieves: i can sell you a code for Bioshock Infinity & Crysis 3
gribble: smickles was last seen in #bitcoin-assets 12 seconds ago: <smickles> heh, mjr_ fun stuff
mjr_: but damn it is fun to watch
mjr_: bunch of people working on bringing more efficiency to the market
mjr_: we'll be telling young kids in years about when it used to jump ten points
mjr_: they'll be like "it used to be 65???"
smickles: mjr_: also, i caught that. and it reminded me of the video of the guy who recorded the crash from 30 to 0 which was eventually rolled back due to it being caused by a hack
smickles: and i think bugpowder said he missed the bottom by .20 usd
ThickAsThieves: but how long was his fiat sitting there waiting for that lost opportunity
smickles: ThickAsThieves: mine? or BP's?
ThickAsThieves: just addressing that things have to dip pretty damn low to be worth the risk of sitting on fiat
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05061551 BTC [-]
tiberiusiv: well his IPO had a fair valuation imo $3mil market cap for entire company
gribble: thestringpuller was last seen in #bitcoin-assets 6 minutes and 42 seconds ago: <thestringpuller> ThickAsThieves: could you gift me Kerbel Space Program
tiberiusiv: unlike most other btc firms hes a fully incorporated company
ThickAsThieves: i'll skip to you telling me how there's not as much risk as one might think
tiberiusiv: thickasthieves: cavirtex has better transparency then anything out there so far imo, his statements have to be audited by multiple 3rd parties
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.83945 = 1.6789 BTC [-]
tiberiusiv: how do they have 0 profit when hes collecting 2-3% off of $150k a day?
mjr_: i don't know their profit
mjr_: but that is how you would turn that revenue not into profit
mjr_: those 3rd party audits aren't free you know
mjr_: i have no clue about cavirtex
tiberiusiv: ca virtex traded $800k in the last week
mjr_: and haven't looked into them
tiberiusiv: collecting at least 2% of that for themselves
mjr_: but i'm sure they will do well
mjr_: i am just not interested in gaining on appreciation
tiberiusiv: nobody else cashes out as fast as they do so far in north america
mjr_: revenue streams only ATM
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.05003501 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05003501 BTC [-]
mjr_: the prob for my model
mjr_: is that if i believe in the company
mjr_: i don't want to sell
ThickAsThieves: "To date all revenues have been used for business and website development, legal fees, computer hardware and marketing. All available capital is being used to grow the company and complete the business plan items."
mjr_: no...they have absolutely no promise of dividends
tiberiusiv: thickasthieves: yes because volumes have increased only in the last 3months
ThickAsThieves: "In the case where VirtEx is bought out by another company or VirtEx pays a dividend to its shareholders, Bitcoin shareholders will get paid in Bitcoin at the Canadian dollar equivalent rate using the best market prices at the time"
mjr_: satoshi dice "we will pay 100% of profit as dividends"
tiberiusiv: yes because its an illegal gambling site.
mjr_: in the case that aliens land on earth...
tiberiusiv: of course it will have the highest payouts
mjr_: maybe illegal in america
mjr_: that aint the whole world
tiberiusiv: satoshi dice has a 30% dividend yield for a reason
assbot: [MPEX] [S.MPOE] 6100 @ 0.00067564 = 4.1214 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068174 = 3.4087 BTC [+]
assbot: [MPEX] [S.MPOE] 3198 @ 0.00068175 = 2.1802 BTC [+]
tiberiusiv: it implies major risk of an event occuring
mjr_: that is only if bitcoins are regulated in gambling, which no one has said they are so far
tiberiusiv: mjr: the market is saying satoshi dice is risky
tiberiusiv: hence why it has a 30% dividend yield.
mjr_: they are simply passing through most of THEIR profits to most of their stakeholders
mjr_: ie. the 87% of the company which they own
tiberiusiv: and the dividend yield would be in the single digits.
tiberiusiv: the reason its not is because satoshi dice has a huge event risk
assbot: [MPEX] [S.MPOE] 1 @ 0.00068175 BTC [+]
mjr_: and that is a very small window
assbot: [MPEX] [S.MPOE] 2 @ 0.00068175 = 0.0014 BTC [+]
tiberiusiv: 2) hes also a memeber of the "cash in" service bitinstant
mjr_: actually he is at coinapult
tiberiusiv: mjr: i dont have to keep going, the market is indicating a 30% dividend for a reason, if it was safe the price of satoshi would be 2-3x what it is now.
tiberiusiv: because even a 10% annual dividend in BTC is alot
tiberiusiv: mjr_: second off it doesnt matter if satoshidice is in ireland, they have no gaming license to make them legal in ANY jurisdiction.
mjr_: under what license are you allowed to buy milk?
tiberiusiv: the gambling friendly regions require a license.
mjr_: unless there is legislation STOPPING you
tiberiusiv: the farmer is licensed to sell it to me
mjr_: it is implicityly legal
mjr_: and ireland doesn't have that
assbot: [MPEX] [O.BTCUSD.C730T] 10 @ 0.05003501 = 0.5004 BTC [-]
mjr_: which is why all the other gambling sites are there too
mjr_: ie. dollar online poker
tiberiusiv: they are on small islands fully licensed
tiberiusiv: gaming jurisdictions provide licenses to firms
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.05003501 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05003501 BTC [-]
tiberiusiv: gaming is 100% regulated in ireland. requiring licenses
ThickAsThieves: would be nice to see some development or promotion for sdice again
mjr_: well, that is happening
assbot: [HAVELOCK] [SDICE] 4 @ 0.516 = 2.064 BTC [-]
tiberiusiv: thickasthieves: imo if their wasnt so much uncertainty with sdice its price would be 2-3x higher
mjr_: i have a lot of faith in the long term prospects of that company
tiberiusiv: the bigger they get the larger the target on them
mjr_: you don't get half of the volume by not being popular
tiberiusiv: especially when key executives are inside the US.
tiberiusiv: breaking numerous US laws in the process
mjr_: which they won't be for even 4 weeks
mjr_: not sure the exact time frame
mjr_: but i think it is already well known
tiberiusiv: voorhees should have never been a memeber of the cash in service as well
mjr_: that they will not be here very much longer
tiberiusiv: because as far as US authorities are concerned, he is selling casino chips
mjr_: they have done at this point...oh yeah nothing
mjr_: and they won't be here
tiberiusiv: it doesnt matter his name is everywhere and he is a US citizen
tiberiusiv: and he has no gaming license in any jurisdiction even ireland
mjr_: so you are now worried about ireland stepping in
mjr_: i'll take my chances i suppose
tiberiusiv: if satoshi dice was double in price the dividend yield would be 15%
mjr_: different risk profiles and we can leave it at that
benkay: freeze your fiat-denominated assets
benkay: and lock you in a room
mjr_: um...there are no fiat denominated assets
mjr_: all of s.dice is in btc
benkay: not necessarily true of the humans behind it
mjr_: expenses paid in btc
tiberiusiv: operating an illegal casino is still a massive fine/punishment even in ireland.
tiberiusiv: please read the laws before you spout BS
benkay: usg doesn't care about laws or your mythical currencies
benkay: they just lock you up and make an example of you
tiberiusiv: its not the wildwest like carribean islands
mjr_: lock up the server?
benkay: nope, the humans who can log into the server.
mjr_: remember...only the server is in ireland
mjr_: there is nothing in the US to lock up
smickles: < tiberiusiv> yes because its an illegal gambling site. <<< iirc, it's a legal irish gaming company
tiberiusiv: mjr: the US government can seize the server in ireland.
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.05144351 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.05144351 BTC [+]
benkay: and any stockholder they can track down they can arguably nail to the wall
mjr_: we have jurisdiction to seize irish property now?
tiberiusiv: smickles: they are licensed in ireland?
mjr_: kim dotcom is so screwed right now
mjr_: i hate getting off scott free
tiberiusiv: mjr: European union has agreements with the US.
mjr_: and having lots of money
mjr_: julian assange...free
tiberiusiv: thats what matters he still lost tens of millions
mjr_: hmmm who's been locked up
tiberiusiv: mjr: his assets werent unfrozen, and he losts tens of millions
mjr_: his assets are in bitcoins
tiberiusiv: being a prisoner in a embassy is being free?
mjr_: iirc you can't freeze a bitcoin account
tiberiusiv: the point is satoshi dice stock can collapse to 0 in 1 day
mjr_: i don't think you can
mjr_: there are hosts all over the world
mjr_: and its just a server
tiberiusiv: high dividend yield = uncertainty about future profits
mjr_: ok, to clarify...i think that the risk that the tin foil hat wearers see is overblwon
mjr_: hence making this stock extremely undervalued
smickles: tiberiusiv: ireland requires a license to play games?
mjr_: now obviously, the drones are just one step away right tiberiusiv?
smickles: a game of monopoly must fucking suck to get started
tiberiusiv: smickles: all legal gaming jurisdictions require the provider to obtain gaming licenses
mjr_: tiberiusiv: and what does it require to let me download music for free? who licenses that?
tiberiusiv: smickles: BTC can be defined as equivalent to casino chips.
mjr_: the govt is not all powerful you know
tiberiusiv: it would take less then 30seconds to prove BTC are exchangable for fiat
smickles: tiberiusiv: you mean gambling, right? from what i've read, the lawyers over there see playing satoshi dice with bitcoin as a game, not gambling
tiberiusiv: mjr: well you are breaking the law anonymously
tiberiusiv: satoshidice is breaking many laws with its owners publicly exposed
mjr_: i find it hilarious, that the same people who usually decry the inefficiences of govt then when convenient say that they can literally do anything they put their mind to
tiberiusiv: smickesL: you dont understand terminology do you? gaming = gambling in what i am referencing...
tiberiusiv: mjr: if satoshidice future was more certain, the price would reflect it, it doesnt.
mjr_: they can't run healthcare...but they could prob insert a chip into every american
mjr_: tiberiusiv: i totally agree
smickles: tiberiusiv: yeah, but they see the difference between gambling and playing poker with zynga credits
mjr_: the point of investing, iirc, is to try to play on inefficiences, if everyone knew what it was worth...it owuldn't make sense to buy it for more
mjr_: and the price would be frozen
tiberiusiv: zynga credits arent easily convertible
smickles: and they see playing sd with bitcoin in the category of zynga poker with zynga credits
tiberiusiv: mjr: not true, when you buy on the secondary market someone is betting against you by selling to you.
smickles: last i knew, zynga didn't need to comply with gambling laws
mjr_: yes, and the market proves us right or wrong
tiberiusiv: you only truely "invest" by buying on primary market ie an ipo to raise capital for a firm
mjr_: i have bought on secondary and primary market
tiberiusiv: smickes: bitcoin is not in the category of zynga credits.
mjr_: tiberiusiv: per what irish ruling?
tiberiusiv: zynga credits cannot be cashed in and out for dollars
smickles: tiberiusiv: the ECB seemd to think it was
tiberiusiv: mjr: probably if satoshidice obtains a real gaming license the price will double or tripple
mjr_: tiberiusiv: that is the point
mjr_: tiberiusiv: similar to investing in med company hoping for drug approval
mjr_: tiberiusiv: or new product lines which are as yet unknown
tiberiusiv: mjr_: ireland has GAMBLING licenses that you need.
mjr_: tiberiusiv: i think we are on the same page...they are cheap now, but i expect them to become expensive
mjr_: tiberiusiv: so i buy them now...instead of when they are expensive
assbot: [MPEX] [S.MPOE] 6188 @ 0.00066482 = 4.1139 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00065585 = 0.8526 BTC [-]
assbot: [MPEX] [S.MPOE] 4712 @ 0.00065584 = 3.0903 BTC [-]
mjr_: tiberiusiv: taking on risk
mjr_: tiberiusiv: in exchange for higher return
smickles: i think they launched in ireland because, if in the future what they are doing is legally considered gambling, they can get a license
smickles: currently, legally, from what their lawyers think, it's not gambling
tiberiusiv: as long as satoshidice managers are openly operating an illegal casino while having a cashin service in the United states, and a presence in the united states satoshidice is not cheap
mjr_: tiberiusiv: AWESOME! that means in less than four weeks their price should skyrocket
assbot: [BTCTC] [GSDPT] 1 @ 0.00401 BTC [-]
assbot: [BTCTC] [GSDPT] 61 @ 0.004 = 0.244 BTC [-]
mjr_: tiberiusiv: since as i've said...their won't be anybody in the US
tiberiusiv: satoshidice would have been 2-3x imo if the managers stayed fully anonymous
mjr_: i was going off your points
tiberiusiv: the operators are known to authorities at this point
tiberiusiv: especially since they openly bragged about the profits a few months ago too
mjr_: <tiberiusiv> as long as satoshidice managers are openly operating an illegal casino while having a cashin service in the United states, and a presence in the united states satoshidice is not cheap
tiberiusiv: mjr: the cashin service is not leaving.
mjr_: and they will not be a part of that
tiberiusiv: 80%+ of satoshidice players are US residents
mjr_: from what i understand they aren't now
mjr_: and who cares about the players again?
mjr_: they can't shut down people playing, we already established that
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.05303651 BTC [+]
tiberiusiv: the point is voorhees is operating the "cashier" and the gaming table with his NAME on it.
mjr_: it uses the blockchain
mjr_: if they could bitcoin is done anyway
mjr_: hmmm...check out bitinstant
tiberiusiv: bitinstant allows some american to walk into walmart and fund his sdice
tiberiusiv: Director of Marketing and Communications
mjr_: so shut down walmart?
tiberiusiv: his name is on BOTH sdice and the cash in service.
tiberiusiv: it doesnt matter hes asking for trouble
tiberiusiv: and the market price of sdice reflects those concerns
mjr_: i would even lend you my shares to short
mjr_: so i could make more money off FUD
tiberiusiv: and your comment about kim dotcom, sure hes free but his business is destroyed.
mjr_: i would love the price to fall a bit more
mjr_: yeah, mega is done for sure
mjr_: can't keep a good man down i guess
mjr_: especially in NZ or anywhere else in the world
mjr_: change your nick to doom_and_gloom_FUD
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.107 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1052 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1051 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1051 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
mjr_: if you remember what warren buffet said...
tiberiusiv: no im being realistic in a world dominated by government.
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.102 = 0.204 BTC [-]
mjr_: what should i do when people are being fearful?
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.101 = 0.404 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.100001 = 0.3 BTC [-]
mjr_: lol maybe your world is...in my experience
mjr_: there are cayman accounts...swiss accounts...
mjr_: and they do nothing about them
mjr_: they can't stop a guy smoking a joint or downloading a song
tiberiusiv: nope but they can take down the source
mjr_: no more columbian coke in US for sure
mjr_: they took it out at the source
tiberiusiv: theres a reason americans cant open foreign bank accounts
mjr_: and that is a physical substance
tiberiusiv: the original cartel operators from 15 years ago are all dead
mjr_: open foreign bank accounts
mjr_: and yet coke is still here
smickles: how did i pull off opening a foreign bank account?
mjr_: lol you are ridiculously trolling now
jurov: we are betting that they can't take down all sources for everything. too expensive and ineffective
mjr_: the source can't be shut down
tiberiusiv: mjr: the coke cartels from 15-20 years ago are all DEAD.
jurov: soviets tried that, filed and bankrupted in the end
mjr_: and yet the market found a way to bring what was requested
tiberiusiv: satoshi can be taken down, and a new one will take its place i agree
tiberiusiv: but shareholders of the first will be at 0.
smickles: tiberiusiv: why do you think americans can't open forign bank accounts?
mjr_: but again, that is why i risk my capital
mjr_: smickles: it's gotta be a troll
tiberiusiv: smickles: majority of banks in the world do not want the regulatory headache of dealing with US citizens.
mjr_: everyone everywhere knows that we open bank accounts all across the world
tiberiusiv: smickles: please read the laws over the last few years
jurov: tiberiusiv: what prevents evoorhees selling satoshidice to someone anon in the worst case?
smickles: ThickAsThieves: you conclusion does not follow from your premises
mjr_: tiberiusiv: so wait...since those banks CHOOSE not to deal with headaches...we are not legally able to open an account?
smickles: tiberiusiv: i opend a french and a UK bank account just a month ago
mjr_: it's obvious that the one whose fallacious assumptions is not ThickAsThieves
tiberiusiv: smickles: at major banks who comply with US reporting requirements.
smickles: tiberiusiv: so you admit your conclusion was just plain wrong then?
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.004 = 0.4 BTC [+]
tiberiusiv: jurov: my point was, the market is indicating a unnaturally high risk factor for sdice going forward.
mjr_: tiberiusiv: it's easy, at the end of the day, to say why things won't work...it only costs you your time on this forum (probably largely offset by the enjoyment you get from trolling), but it's a lot harder to do things that do work
smickles: "americans can't open forign bank accounts"
mjr_: tiberiusiv: that is not a great return
mjr_: i have dollars lent out at almost 300%
tiberiusiv: 30% yield on a deflationary asset isnt?
jurov: yea that is whole economy problem, not just satoshidice
mjr_: bitcoin alone would yield more
tiberiusiv: satoshi dice dividend has been over 300% in real terms.
mjr_: um...if you got in at 17 they gained around 5-6X
tiberiusiv: if you bought satoshi dice the value of your dividends is in real terms is over 300%
tiberiusiv: so how is a 30% yield of BITCOINs not high?
jurov: imho much bigger factor than fear of regulation is trust problem
mjr_: ok it is a good return, and i've been quite happy
mjr_: but i do not conflate the returns of bitcoins with the returns of sdice
tiberiusiv: mjr: the point is its HIGH for a reason, if it was such a A+ asset, much more people would be willing to pay a higher price for it
mjr_: most of those super high returns i would have realized without bitcoins
mjr_: dude: limited market information
tiberiusiv: thereby bringing down the dividend yield(of which you have no clue how it works)
mjr_: i know a lot better than you it would seem
mjr_: are you saying that "bitcoin subsidizes satoshi dice?"
tiberiusiv: 30% return in a deflationary currency like bitcoin is massive
mjr_: their return is 30%
mjr_: if i hold bitcoins...i get the return on increase in value of bitcoin
mjr_: so you cannot conflate the two
mjr_: tiberiusiv: so do american stocks take into account the american dollar when the yreport dividends?
mjr_: because when evaluating investment opportunities
mjr_: you cannot say the entire economy behind this asset
mjr_: is specific to this asset
mjr_: i could invest in mpoe
mjr_: and get dividends there
mjr_: so...i have optoins in my investment choice
tiberiusiv: someone paying me 30% a year in income on my capital
jurov: duuude we're going in circles. just put your bitcoins where your mouth is.. i can provide some s.dice to shorting, too
jurov: unless you fear jail cuz unlicensed securities trading
mjr_: what backs this opinion other than hot air?
ThickAsThieves: so tiberius, does this mean you think sdice is a sound investment?
mjr_: opinions are like assholes
tiberiusiv: i dont fall in love with a stock like you do
mjr_: that is so irrational
mjr_: you should sell now
mjr_: i'm not in love with it
tiberiusiv: thicky: people that tend to be married to a stock usually get wiped out
mjr_: its not by any stretch my best performer
mjr_: tiberiusiv: the point is that management is prob the deciding factor in bitcoin ventures
tiberiusiv: thick: well the other btc business's like mpex are more viable then sdice IMO
jurov: tiberiusiv, really? if bitcoin isn't game currency
mjr_: that is why you diversify
jurov: then mpex = unregulated securities trader
tiberiusiv: thick: if you go on the bitcoin talk forums there is already threads sprouting up of people whining over their gambling losses.
jurov: and that's equally as bas as unregulated gambling
tiberiusiv: thickasthieves: nothing stopping some angry upset satoshidice customer tipping off the feds too
mjr_: ThickAsThieves: just another non sequitur
mjr_: LOL tipping them off? i thjought they had the swat team ready
mjr_: you men they don't know yet?
mjr_: i was under the assumption this whole conversation that the feds were aware of satoshi dice
tiberiusiv: jurov: the probability of mpex being around in a few years time is much higher then satoshidice, hence the lower risk profile
mjr_: thank god no one has ever thought to tell the fbi about them
assbot: [BTCTC] [BTC-MINING] 3 @ 0.05 = 0.15 BTC [+]
jurov: tiberiusiv how so?
tiberiusiv: jurov if you need that explained to you i dont know what to say.
mjr_: guys, such a stupid point
jurov: if btc is subject to regulation they are both equally illegal
mjr_: the exchange they trade on...which is the most restrictive
mjr_: thought they were a good investment
mjr_: but if they fail miserably...the exchange would still be fine...
mjr_: ok...so if 33% of the stocks traded on nyse left tomorrow
mjr_: nyse would be just fine
jurov: no tiberiusiv's argument seems that usg inevitably cracks doen on sdice cuz illegal gambling
mjr_: tiberiusiv: obviously
jurov: and i'm asking, if illegal gambling, why not illegal securities exchange, too?
mjr_: i don't know about 0
tiberiusiv: jurov: they will crack down becuase the owners are bragging about profits, residing in the US, and running both the cashier + gaming table.
mjr_: but i think both mpex and sdice survive
jurov: and mircea isn't bragging?
mjr_: tiberiusiv: most casinos run the gaming table and the cashier
mjr_: and they don't operate here
tiberiusiv: voorhees is a US resident operating a US based cashier service that allows US residents to gamble on an illegal site
mjr_: operating is a strong word
mjr_: tiberiusiv: i work at a broker dealer...am i operating a broker dealer?
mjr_: or are the people who OWN the broker dealer operating it
tiberiusiv: and its definately indicating concerns
mjr_: the point is this... tiberiusiv constantly casts doubt about things, but usually has logical flaws that are obvious...when confronted, he finds other doubts...also flawed
mjr_: there is no one who OWNS bitinstant who also OWNS SDICE
smickles: < tiberiusiv> what cant you comprehend? << i think they feel you are misrepresenting what is happening
tiberiusiv: if i was wrong, sdice would be 2-3x higher and still offering a great return
mjr_: i think your FUD and others ignorance will keep it trading low for quite a whiloe
tiberiusiv: notice how the dividend yields of the other bitcoin based business's are nowhere near sdice?
mjr_: till good news sstarts coming out
jurov: tiberiusiv, can't it be just people cashing out of btc generally? all mpex assets went down recently
assbot: [HAVELOCK] [SDICE] 1 @ 0.52 BTC [+]
mjr_: yes...not to mention...
mjr_: you have to realize that some people have not made money on SDICE
tiberiusiv: jurov: yes but mpex is valued higher then sdice with lower profits...
mjr_: it has plunged from 75 to like 40
ThickAsThieves: there so many places to buy sdice, all you need to do is arb yourself down to market value
mjr_: and dividends in feb where not the best
mjr_: march divs will prob be non-existent
mjr_: so short term investors got out
tiberiusiv: in theory sdice should be the most valuable BTC company at the moment
mjr_: those who appreciate the fact that anyone with that much market share and that great profit margin CAN"T be that cheap
mjr_: and who see your FUD for what it is...know that this is a bargain
kakobrekla: tiberiusiv the value of the company is not measured in dividends
mjr_: similar to buying bitcoins at $3
smickles: tiberiusiv: you know voorhees isn't even the largest shareholder of SD, right? i think he owns significantly less than half
mjr_: he also isn't an owner of bitinstant
tiberiusiv: smickles: great. hes a major player with his name everywhere..
mjr_: from what i've read
mjr_: lol: the "major player" herein referred to as the party of the first
tiberiusiv: kakobrekla: dividend yield signals many things
tiberiusiv: you purchase a stock for its future income.
mjr_: dividends are not the most important...
mjr_: look at march...0 dividends
mjr_: by your logic...with a 0% return on investment...it must be the best deal ever
ThickAsThieves: tib just keeps pointing out the one thing no one is mentioniong at the moment
tiberiusiv: sdice is more profitable then mpex yet is a less valuable firm for a reason
smickles: tiberiusiv: why is it illegal to play games with bitcoin?
smickles: why isn't it illegal to play games with wow gold or others like that?
mjr_: think the point that they are making is that sdice is not converting the btc for cash
tiberiusiv: thickasthieves: a simple example, a US blue chip like johnson and johnson will tend to have a lower dividend yield then a lesser quality firm
tiberiusiv: why? because you are more certain to recieve the income from JNJ in the future
mjr_: tiberiusiv: you are assuming financial reporting that is widespread, and liquidity that is many orders of magnitude higher than what we have
mjr_: tiberiusiv: also...investor savvy
tiberiusiv: sdice is one of the most liquid btc assets is it not?
mjr_: tiberiusiv: which is like saying it is less liquid than most pink sheet stocks?
tiberiusiv: i dont get what that has to do with anything
mjr_: but yeah, nice comparison to a NYSE DOW JONES COMPANY
smickles: I really don't think what SD is doing is illegal, and I'd like to have a firm grasp of why some people do
tiberiusiv: theres no other BTC firms that are paying 10%+ a year...
mjr_: also...your returns are decided by what YOU payed
mjr_: but pretty sure more than 10%
mjr_: cavirtex already doubled for some
mjr_: mpoe might be around 10% a year...not sure
Namworld: I don't consider anything regarding moving Bitcoins illegal and won't until I'm told to. For now it's just some virtual tokens.
Namworld: So SD is also not doing anything wrong
mjr_: tiberiusiv: that you can cash out through the casino with
tiberiusiv: based on that premise people can run gaming tables in their basements using tokens
tiberiusiv: and have someone operate a cashier service in another town
Namworld: Casino chips have a fixed USD value and are sold/bought by the casino
mjr_: hint hint...they do, it's called poker night
Namworld: They're a proxy for USD for easier use at the table
tiberiusiv: poker night is allowed as long as its not a regular occurance
mjr_: once weekly with your mates?
ThickAsThieves: also its a good example because casinos are exchanging fiat for chips anyway
mjr_: actually card tables are legal
smickles: casino chips are provided in an wholly different environment than Bitcoin
Namworld: BTC is virtual token with no fixed value. Some people happen to want to buy it. They don't have a definite USD value however, they're just valueless tokens unbacked by any entity.
mjr_: since poker is a game of skill in a lot of jurisdictions
smickles: it's a complete shit analogy: pokerchips and bitcoin
mjr_: see there is the non sequitur
mjr_: the casino BACKS the value of the chip
mjr_: the casino cannot say "those chips are worth 30
mjr_: fixed exchange set by and guaranteed by the issuer
mjr_: another distinction
Namworld: They're not in the sense that people want to buy them so you can sell them. But there's no one backing Bitcoins.
tiberiusiv: btc can be freely exchanged for dollars, just becuase sdice isnt doing the exchanging doesnt mean anything
mjr_: a chip is issued by a casino
mjr_: tiberiusiv: another flawed argument that causes you to jump to another shaky brance
Namworld: There's nothing in a Bitcoin and no backing. In that sense, they're valueless until sold.
tiberiusiv: look at this example. your friend living 10 miles from you, sells chips which can be used at YOUR basement casino far away from him
Namworld: If no one takes it for money, they're worth nothing. No one backs it.
smickles: remember that site that allowed trading 'stock' in any website?
smickles: you could buy/sell shares in curry.com, or w/e
Namworld: They're not unlike game currencies. They're worth nothing, just used in a game. You don't pay tax on what you earn in a virtual game.
mjr_: i'll leave it where kakobrekla was smart enough to...you don't really know what you are talking about
smickles: and people would pay actual money for those shares
tiberiusiv: as i said, the market shares my opinion of higher then normal risk with sdice shares.
smickles: it wasn't illegal just because there was a real money market for the stock
mjr_: this would be a great example of logical fallacies though if anyone saves the log
tiberiusiv: thats all that matters discussion over
mjr_: straw man arguments
Namworld: Well let him be with his beliefs. He can invest however he wants.
tiberiusiv: mjr: if the market did not share concerns about sdice the price would be 2-3x higher.
smickles: tiberiusiv: how do you prove that
mjr_: the one fatal flaw is this
tiberiusiv: i told you from the high dividend yield
mjr_: you say the market is always right
tiberiusiv: its abnormaly high meaning FUTURE income is shaky at best
tiberiusiv: if sdice was a licensed company it would probably be much higher
mjr_: the market is not perfectly efficient
smickles: yea, they could have a run of bad luck
mjr_: it is not perfectly liquid
smickles: there income is not guaranteed
tiberiusiv: smickles: i know nothing is guaranteed
mjr_: the point is, that people who EXPECT things to look different in the future
tiberiusiv: especially for a proven moneymaker thats around for about 12months now
mjr_: abnormally high is subjective
smickles: also there have been concerns about the higher usd/btc impacting their volume
mjr_: well dollar value of bets has been increasing if i remember correctly\
mjr_: although btc has gone down
smickles: i believe the uncertainty lies elsewhere
mjr_: lol, to hold the majority of people who use btc to the level of expertise of a mature market is simply foolish
smickles: and also, the market is fickel, ;you can't use that as evidence to their legality
mjr_: for fucks sake, it typically trades its lowest right before divs, and higher right after
tiberiusiv: market participants are simply stating an opinion with X price
mjr_: ok...with 5 market participants...how well can we do price discovery
mjr_: ex dividend means i trade HIGHEST right before dividend
mjr_: after dividend, price is low
mjr_: before it is higher, pricing in immediate payoff
mjr_: sdice does the exact opposite
mjr_: sell off BEFORE dividend
mjr_: big buys right after
mjr_: look at its price over time
tiberiusiv: if i was voorhees id be on a plane along time ago
mjr_: that is obvious evidence of immature market participants
smickles: so tiberiusiv care to say why it's illegal?
mjr_: who don't understand TVM
assbot: [HAVELOCK] [VTX] 1 @ 0.74479996 BTC [-]
mjr_: have you found a place that accepts btc for aluminium foil?
smickles: i mean, we were talking about that, then you tried to say that the market on S.DICE is evidence of SD's illegality
smickles: S.DICE is just what one shareholder of SD is doing with some of his shares
mjr_: that is the point...if you think most people, and obviously most people in this convo are excluded from this point, who trade sdice do any sort of fundamental analysis or even have traded stocks before...i'd say that is optimistic
smickles: tiberiusiv: also, evooorhees has been on a plane a long time ago
mjr_: majority are learning finance for the first time
smickles: he went to china, morocco, paris
smickles: at these plases he sold shars of SD
mjr_: and soon parts southern
smickles: he got backing from major gamblers and indirect money from one casino
smickles: in print media, conventions etc
mjr_: he's also obtained legal advice in this matter
smickles: all this outside the realm of S.DICE
mjr_: ie. people who are payed to review stuff like what you spout
smickles: i don't think S.DICE represents the market value of SD at all
smickles: considering >90% of sales have been off of S.DICE
smickles: why do you think it's illegal?
tiberiusiv: smickles: i meant not being a US resident
assbot: [HAVELOCK] [HIM] 3 @ 2 = 6 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.0197 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009899 BTC [+]
tiberiusiv: smickles: i already explained my position.
smickles: ok, so you don't have a good reason then
smickles: the reason I was asking was that I don't believe you gave good justification for your position
tiberiusiv: i already told you, voorhees is running an illegal gaming operation under US laws, while being a subject of the united states.
mjr_: "Well, if activity is unusual 10 times a day then something is wrong with your unusually-mometer" re: mt. gox's response to lag...
smickles: so the owners of forign casino's cant be in america?
smickles: even assuming SD qualifies as a casion
smickles: tiberiusiv: that seems quite wrong
tiberiusiv: smickles: most major online gaming places are licensed in a particular jurisdiction
Namworld: In Canada, you're taxed on 50% of your gains. Not 100%. But you can get as much as 43% tax on that 50% if you're in the top income bracket. So as high as 21.5% on gains... hmm, interesting.
Namworld: I guess it's not that bad... but not excellent
tiberiusiv: namworld: quebec have added capital gains on top of that?
smickles: tiberiusiv: so the people who own the casino's in morocco can't come to america w/o fear of being arrested?
tiberiusiv: why would they be they arent doing anything illegal
tiberiusiv: voorhees is and he is under US jurisdiction
Namworld: So does other provinces. They have provincial tax/sales tax depending on provinces
tiberiusiv: online gaming houses that cater to US customers, tend to stay away from the US..
tiberiusiv: and that lesson was taught during black thursday or friday
tiberiusiv: the warning is loud and clear smickles.
smickles: if you alread said why you think SD is illegal, can you at least give me a timecode so i can grep it
tiberiusiv: i dont think its illegal, im simply stating the position of the US government
tiberiusiv: of which voorhees is a subject to since he is residing there
tiberiusiv: and most of his customers are from there
mjr_: you referenced black friday
tiberiusiv: it wouldnt take longer then 1 month for motivated US authorities to put a case against voorhees together
mjr_: which is when BANKS couldn't transfer money to or from online gambling sights
smickles: why is SD illegal under us law then?
tiberiusiv: during the years of the ongoing trial..
smickles: i bet it'd be running the whole time the case went on
mjr_: i won! first big win for bitcoin...oh no one wants the company?
tiberiusiv: would be running, by more cautious people
mjr_: why do i keep getting sucked back in (FUD, obvious refutations, repeat)
smickles: SD would likely keep running at the same BTC addresses the whole time
mjr_: that is the point...btc can't really be stopped from flowing to SDICE
smickles: even if voorhees were jailed the whole time
mjr_: nor could they seize the btc
mjr_: which is the only part of black friday that had any sting
tiberiusiv: point is the value of the shares would collapse
tiberiusiv: what happens later makes no difference
mjr_: yep, panic can do that...then stronger hands buy
mjr_: and the price rebounds
mjr_: you only take a "loss" when you sell
mjr_: except in cases of mark to market which is usually due to margin requirements
smickles: so if voorhees is jailed, and the service keeps running as if nothing happened, you think the price would drop for any significant lenght of time?
tiberiusiv: i think mpex shares took a dive from missing out on 2 major IPOs
mjr_: but wait...assuming he is not in the US...you are saying the try to extradite?
smickles: that would be a real show of strength to my mind, SD keeps going even after the US GOV't tried to shut it down
tiberiusiv: so is havelock a stockexchange or funds?
smickles: hah, you still think S.DICE represents the value of SD shares?
mjr_: did not realize that asic miner IPO'd recently
mjr_: thought they started on GLBSE
smickles: S.DICE doesn't even have voting power
mjr_: thought asicminer was on btctc.co or however its spelled and bitfunder
smickles: all the assicminer shares out on 'the market' arn't actual shares of asicminer eithr
smickles: ThickAsThieves: you have severely misunderstood what all is hapening here
tiberiusiv: so if sdice doesnt represent sd shares what do they represent?
smickles: read the contract of all those asicminer things
smickles: which get you a share of game profits
smickles: asicminer proper is a private company
tiberiusiv: which are fully convertible into fiat currency
smickles: anything is convertible to fiat
smickles: wow gold and zynga credits included
ThickAsThieves: it is the party tht converts it that govs are looking at
tiberiusiv: they simply stated taht exchanges have to follow AML laws
smickles: or, sry, confusion in who you were talking at
tiberiusiv: nobody stated online gambling is now legal if you use bitcoins.
ThickAsThieves: so if WoW has a poker game inside using WoW gold, thats illegal too?
smickles: tiberiusiv: why is the use of wow gold legal even tho you can convert them to fiat and the issuer doesn't do that conversion
tiberiusiv: if they are running commercial gambling ventures then yes it would be thickasthieves
tiberiusiv: if its a casual gathering of friends its perfectly legal
tiberiusiv: once you start operating a gambling house for the sole purpose of profit it becomes illegal
tiberiusiv: smickles: theres nothing illegal about bitcoins themselves nor exchanging them
smickles: look at what blizzard is doing, you play a game, there is a chance you get coins
ThickAsThieves: if Microsoft sells me a poker exe and accepts fiat for that purchase is that illegal too?
smickles: you can sell those coins for fiat
tiberiusiv: smickles: you arent logging onto WoW to play poker or toss dice, or guess numbers.
smickles: how is SD not earning btc from their software?
smickles: tiberiusiv: it's still up to chance if and how many coins you get in wow
smickles: also, blizzard makes money off of the gold directly in the real money markets
mjr_: point is, to really simplify...whoever converts bears resonsibility for tax and aml
smickles: so they take a cut of people using wow gold, it's ok
tiberiusiv: blizzard is not running a game of chance
tiberiusiv: where they promise people payout multiples
mjr_: sdice...no conversion, no responsibility
smickles: sd takes a cut of people using bitcoin, it's not ok
mjr_: actually same exact standard that almost all btc gambling has been operating under
tiberiusiv: smickes: SD dice takes a cut from running a game of chance and promoting large payout multiples
tiberiusiv: you arent playing a game of chance to obtain wow items with promised payout multiples
tiberiusiv: quit argueing ridiculous statements and read the laws. if sd dice was legal everyone would have ran "token" games in the US.
mjr_: evenso...there is no precedent for an offshore company doing business in another currency to be under the jurisdiction of an american justice system unless they hold and or convert from USD
ThickAsThieves: i bet there are tons of foreign digital currencies US cant touch
mjr_: notice how he no longer brings up bitinstant/sdice conspiracy
smickles: pay money to play a game of chance and if you win you get money back; that happens in blizzard games
mjr_: i can't keep talking about this anymore
mjr_: same thing over and over
gribble: Current Blocks: 227872 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1951 blocks | Next Difficulty In About: 1 week, 2 days, 10 hours, 12 minutes, and 10 seconds | Next Difficulty Estimate: 7901792.01955 | Estimated Percent Change: 18.01071
smickles: pay (what the us consideres) non-money to play a game of chance and get non-money back, it's illegal?
mjr_: i'm very interested in what is going to happen with the credit markets in bitcoins economy
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.07 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.15 BTC [+]
gribble: BTCUSD ticker | Best bid: 71.21001, Best ask: 71.30000, Bid-ask spread: 0.08999, Last trade: 71.21001, 24 hour volume: 42847.49345213, 24 hour low: 62.25139, 24 hour high: 72.49999, 24 hour vwap: 67.90892
smickles: ya know, i don't think tiberiusiv is a troll. troll keep going when trolled, don't they?
smickles: but seriously, did i miss something or did they basically say that SD was illegal because it's online gambling, and it's online gambling b/c it's online gambling
Namworld: He doesn't appear as a troll...
tiberiusiv: why are you still repeating yourself smickles? the covnersation is over
smickles: tiberiusiv: just because you don't want to participate anymore, doesn't mean the conversation is over
smickles: you must be new to the internet
tiberiusiv: wager me 100 BTC that sdice gets in trouble in under 24months
smickles: i don't mean to be rude, but i can talk about you and the ideas you presented
smickles: i wasn't at the keyboard the whole time, so i might have missed tiberiusiv's reasoning as to why SD is gambling or gambling in the order that it needs to be regulated
smickles: 100 btc is a significant portion of my btc, what are the terms?
smickles: and would you accept nanotube as escrow?
tiberiusiv: no im not going to give some stranger 100btc for 2 years to hold
smickles: "get into trouble with US authorities" is a bit too vague
smickles: who would you accept as an escrow?
smickles: tiberiusiv: they could get into trouble for pot or somehting
tiberiusiv: my statement is not vague, they get in trouble for what they are doing
smickles: not for running a gambling operation?
tiberiusiv: for anything that revolves around gambling
smickles: how ofter do you do this sort of thing? you seem new
Namworld: For running SD would be a clearer and simpler way to put it...
smickles: ok, who would you accept as an escrow?
tiberiusiv: 100btc bet and no im not sending my coins to anyone for 2 years
smickles: are you kidding? why should i risk my coins on your word?
jurov: tiberiusiv then get 100btc worth of sdice and short it
smickles: there is always risk to things
Bugpowder: Why the f would you sequester coins for 2 years.
Bugpowder: you can make SO MUCH from those coins
Bugpowder: for example, you could have bought calls last night
tiberiusiv: just make sure you have them when the time runs out
smickles: I'm not doing this without an escrow because i don't trust you
Namworld: ye using my Options spreadsheet bugpowder?
smickles: no because you won't accept any escrow in the world
Namworld: But my spreadsheet gives so much info...
Bugpowder: I generally just buy around the strike
nanotube: tiberiusiv: here's the thing: if you plan to walk away if you lose, then the expected value of the bet to smickles is -50btc. (because he pays if he loses, but gets nothing if he wins)
nanotube: that's the point of the escrow, to make sure that one party is not planning to default in case of loss.
tiberiusiv: the chances of smickles not paying are higher then me
smickles: nanotube: thank you for being more articulate than me
Bugpowder: buy strikes around the currnet vwap
smickles: tiberiusiv: i would escrow too
Namworld: nanotube is the most trusted escrow arounds. He runs OTC and has escrowed far larger sums.
nanotube: smickles: at any rate, 2 years is a long time... so even with escrow i'd probably not bet on this. :)
tiberiusiv: yea im not giving someone 100btc for 2 years
Namworld: Usually people just let nanotube handle escrow for bets and such.
nanotube: smickles: make it 1btc. in 2 years 1btc will equal 100btc today :D
nanotube: tiberiusiv: i just advised smickles not to take the risk. if you both decide you want to, then i'm not going to stand in your way ;)
smickles: tiberiusiv: would you use an escrow for a different amount?
tiberiusiv: smickles: how about all of your BTC? none escrow
mjr_: stupid offer really
mjr_: you are not betting your bitcoins...you are betting your promise to pay bitcoins
smickles: tiberiusiv: I'm not doing the bet w/o a both party escrow. Are you willing to do any amount with an escrow?
mjr_: which i would not estimate is worth nearly 100 btc
tiberiusiv: my holdings are probably some of the hihgest in this chat.
mjr_: not questioning that
tiberiusiv: smickles: no 2 years is too long to have in someone i dont know escrow
mjr_: no one in any financial market would make an anonymous non collateralized bet 2 years out on a nebulous outcome
smickles: tiberiusiv: i never said it had to be someone you don't know
mjr_: you don't know nanotube?
smickles: the idea of an escrow is that we both trust the escrow
mjr_: my point is...promise to pay is not the same as coins in the bank...no one would say that it is
nanotube: well, if there are no mutually trusted third parties, i guess this is a non-starter.
gribble: Currently authenticated from hostmask nanotube!~nanotube@unaffiliated/nanotube . User nanotube, rated since Mon Nov 8 10:14:09 2010. Cumulative rating 674, from 186 total ratings. Received ratings: 186 positive, 0 negative. Sent ratings: 177 positive, 7 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=nanotube mjr_: lol, is that the highest rating in all of otc?
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
gribble: Currently authenticated from hostmask smickles!~smickles@67.222.146.32 . User smickles, rated since Wed Jan 4 18:28:52 2012. Cumulative rating 90, from 51 total ratings. Received ratings: 50 positive, 1 negative. Sent ratings: 51 positive, 6 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=smickles smickles: mjr_: i don't think nano is the highest rated
smickles: Bugpowder: yeah, for saying he defaulted on that contract
mjr_: you'd need to get registered with gribble
gribble: Error: "guide" is not a valid command.
mjr_: then build up trust through transactions
Bugpowder: nanotube founded the otc market, right?
mjr_: its called the web of trust and its the closest thing to a credit rating system that exists
mjr_: the idea of web of trust systems is not unique to bitcoin, nor started by it
mjr_: anyway, without a more clear definition (stock trades below .00001 or something that is easily verifiable) it isn't a good bet
mjr_: since we are talking about risks in investing in S.DICE
mjr_: it'd be easier and smarter to do options on the stock expiring two years out
smickles: mircea_popescu: you might be interested in the logs of here starting at 21:26 utc
mjr_: either tiberiusiv selling a call or smickles selling a put...or some more complex combination
tiberiusiv: mircea would agree with everything i said about sdice
jurov: DRINK! <tiberiusiv> mircea would agree with everything i said about sdice
Namworld: What can I do to borrow some of that capital, smickles?
Namworld: Can I put some stock in escrow?
Namworld: clever idea... let bitbet take not open to the public bets. Would require some coding tho
ThickAsThieves: but still have an option to leave them visible to public
jurov: teh market says "No".. at least not till june
tiberiusiv: thats very shaky confidence especially for june
tiberiusiv: well bitbet would have to climb twenty fold
jurov: but if s.dice gets really seized this year, it would happen
mjr_: this looks like a good bank
jurov: and it's normal on bitbet that if anything gets over 90%/10% there are "just in case" bets arriving that push the odds back to middle
jurov: so it isn't necessarily "shaky" indication
tiberiusiv: we have 2 venues that are pricing major uncertainty on sdice
mjr_: do they have to take the servers physically?
tiberiusiv: 30% yes bets in 90days? 30%+ dividend yield on the stock...
tiberiusiv: yes i know bbet is illiquid, mpex is illquid and inefficient blah blah blah
jurov: tiberiusiv put some serious money on that former bet, you will get the liquidity
ThickAsThieves: actually i'd love it if you put 100btc against sdice on that bet
jurov: well, then make new one
mjr_: or should we say privately held
mjr_: as evoorhees is the only manager
mjr_: which is what smickles has been trying to tell you
gribble: BTCUSD ticker | Best bid: 71.90000, Best ask: 72.00000, Bid-ask spread: 0.10000, Last trade: 71.90000, 24 hour volume: 40862.73469029, 24 hour low: 62.26100, 24 hour high: 72.49999, 24 hour vwap: 68.23128
mjr_: going on about 13% of the company defining its true value
jurov: evoorhees indicated maybe 10-30% being held by other investors
gribble: Error: "bc,24hrprc" is not a valid command.
mjr_: think its at least 2 others
mjr_: that make up 87% and he has said he doesn't have a majority i believe
mjr_: i personally am expecting some news from sdice at some point in the next few months...they have been quiet for quite a while
mjr_: diff is i expect some good news
mjr_: but that is pure speculation on my part
mjr_: Bugpowder: i should have been scooping up some calls during the lows
mjr_: Bugpowder: i typically do the same thing. at the money calls, hold till end of month...haven't had an option expire worthless yet
mjr_: and in fact made about 300% this month, though i exercised early at 71
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3311 BTC [-]
jurov: from piuk? i think not
ThickAsThieves: i thought i had seen his name as trustworthy, but was unaware coinbase was for sale
assbot: [BTCTC] [SYNERGY] 6 @ 0.0099 = 0.0594 BTC [+]
mjr_: the company out of san fran?
mjr_: they had 600k seed round
mjr_: didn't think it was from blockchain
mjr_: they obviously can't keep up with the demand
mjr_: so there is bound to be friction
jurov: both coinbase and coinlab are reviled
mjr_: don't leave gox out
mjr_: though people still use them
mjr_: not voting with their feet yet
Lyspooner: it's tough to be in a queue to buy bitcoins and see the amount of bitcoins you can buy halved
mjr_: amazing that anyone manages to get coins with how much the companies have fucked up in managing expectations
Lyspooner: piuk wouldn't be selling unless there were more problems than queuing
mjr_: so these june diff futures
mjr_: this is a real pe deal
mjr_: anyone get details at all?
jurov: mjr_ were you around when i explained yest?
mjr_: rough pricing? denomination of payment?
mjr_: well...he is selling equity in a us company
mjr_: the shares you get will be denominated in dollars
mjr_: jurov: i had not seen, explained what?
jurov: the problem with idiffs
mjr_: that they would need to triple the difficulty for me to break even?
mjr_: buying at that ask at least
jurov: not that. that they can combust spontaneously befre difficulty even gets to 25 million
jurov: collateral is 2.9 of something. or 2.9*2.9 of december something
jurov: no one is sure what the something is
mjr_: the difficulty at that point i thought
mjr_: its a function of the difficulty as of the last futures contract known
jurov: well, do the maffs yourself then
jurov: for example for idiff created when diff was 4.8m
mjr_: no doesn't work like that
mjr_: yeah so 13.92 * 2.9
mjr_: so you need to have up 40 million satoshi or 4 btc i think for each contract
mjr_: for june only 1.4 btc
mjr_: but you'll be autoliquidated in case of collateral being exceeded
mjr_: oops, moved the decimal
mjr_: so i don't see the problem
mjr_: you could be forcibly liquidated
mjr_: but at a profit to you of 2.9x i think
mjr_: for the person forcibly liquidated at least
mjr_: with the seller losing his collateral
jurov: let's start from the begin. you buy idiff.jun at 0.2499
jurov: and get autoliquidated at 15million = you get 0.15
jurov: that's quite a pe , lol
mjr_: collateral is....013?
jurov: maybe 0.13 or maybe more, depending on when the idiffs were created.
jurov: 0.13 is worst case
mjr_: thought it went off the last close
mjr_: did not know it changed intraquarter
mjr_: so you are saying that the current ask is ridiculous...no one should buy it
jurov: yes i think it comes form last close, i would be thankful if you enumerated all the options
jurov: but i think it won't be worth it in any case
mjr_: but then again no one is forcing you to buy at that price
mjr_: well within a profitable range
mjr_: roughly double in fact
gribble: BTCUSD ticker | Best bid: 71.90999, Best ask: 71.91965, Bid-ask spread: 0.00966, Last trade: 71.91000, 24 hour volume: 40908.12335116, 24 hour low: 62.70000, 24 hour high: 72.49999, 24 hour vwap: 68.36786
jurov: hate to do commercial plugs but
jurov: that one has known collateral and shorter maturity
mjr_: so caveat emptor market orders may not even have chance at profit
mjr_: so at .08 they look like a bargain for june
jurov: lol i bought some at 0.035 back in january... someone made an erroneous order
jurov: but was too ashamed to admit since
jurov: when they do autocombust, i'll report
mjr_: well, luckily their possible losses are known
mjr_: looking forward to april options
mjr_: going to try and sell some puts to buy calls
mjr_: dude, watching barings go under is kinda excruciating but this movie is great
mjr_: like they were epic...british bank selling louisiana to the US for France WHILE france and britain were at war
mjr_: largest land deal in history up to that point
Bugpowder: mjr_: The depost on the puts is large
Bugpowder: also, nobody is selling for .08, just buying.
mjr_: Bugpowder: how is that possible
Bugpowder: if you want some at .249 I'm selling
mjr_: who do they buy from?
jurov: Bugpowder, what does your IMMCover say?
mjr_: ok...so someone sold around .08
jurov: in statjson output
Bugpowder: So much more than 2.9x current diff
mjr_: i was saying that i would simply place limit orders at the price i wanted and get filled or no
mjr_: wish i could calc how many puts per btc right now
jurov: bugpowder i think the only way you can sell the idiffs is to show proof they are well covered :)
Bugpowder: ok, I will lower my price a bit :)
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.83799 = 4.19 BTC [-]
jurov: i suppose i just confirmed that <thestringpuller> Jurov is a big meanie head
mjr_: is this at 70 strike?
mjr_: Bugpowder: that is the deposit on a 70 btc put?
mjr_: <Bugpowder> ;;calc 19.84/70
mjr_: <@gribble> 0.283428571429
jurov: no, it's on idiff.jun
jurov: bugpowder is selling
mjr_: what is the collateral requirement for a 70 put
jurov: something more than that
assbot: [MPEX] [S.DICE] 2000 @ 0.004004 = 8.008 BTC [-]
assbot: [MPEX] [S.DICE] 352 @ 0.004 = 1.408 BTC [-]
mjr_: it is possible to create multiple puts for 1 btc
mjr_: it depends on strike
mjr_: the only thing we know is that puts are a function of strike so you could get multiple puts per btc or fewer than 1 puts per btc
mjr_: at least that is how it was explained to me...i mean who needs more than a 1 btc for a put struck at $1?
jurov: my calculation was as per the faq, but there's some padding.
mjr_: now that put would be more than likely worthless to everyone
mjr_: but if you figure that's one end of the spectrum
mjr_: a put at $120 or so would be the other side (not sure max strike atm)
jurov: max strike is 75 atm, planned to be 200
Bugpowder: mjr_: The minimum is 1 BTC. Any strike will go to infinite BTC value if BTC falls to $0.
Bugpowder: the 2% creation fee pays for 'insurance' on that possibility
Bugpowder: obviously if BTC goes to zero, you could just buy infinte BTC to pay the debt.
jurov: that's quite a philosophical exercise, since there will be only 21M BTC ever.
jurov: such debt would prolly be better repaid with pizza
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.81 = 4.86 BTC [-]
Namworld: If Bitcoin was to permanently become worthless, I'd gladly accept a pizza instead =/
mjr_: Each PUT requires an amount of collateral equal to strike / spot BTC .
jurov: yes, but there's some additional secret sauce
mjr_: is that not for split?
mjr_: split doesn't tell you what margin requirements are exactly
jurov: according to my understanding, split jusr divides provided amount into half
mjr_: only that you will get a certain number of puts based on the strike/current
jurov: and for puts it uses same formula as mkopt
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8 = 2.4 BTC [-]
mjr_: but the MKOPT seemed straightforward
gribble: Rating entry successful. Your rating of 1 for user Namworld has been recorded.
gribble: Rating entry successful. Your rating for user Namworld has changed from 1 to 1.
gribble: Error: "gribblelag" is not a valid command.
gribble: BTCUSD ticker | Best bid: 71.20001, Best ask: 71.85100, Bid-ask spread: 0.65099, Last trade: 71.20001, 24 hour volume: 40755.29045224, 24 hour low: 62.70000, 24 hour high: 72.49999, 24 hour vwap: 68.61685
jurov: is the api back up? or nanotube updated?
jurov: and it's at 72.4999, everyone fasten the seat belt
taub: can someone explain the wall theory nonsense to me?
taub: so many stupid conspiracy theories on the forum
mjr_: who would report gribble lag?
mjr_: that was such a sad movie
mjr_: the jacket he wore sold for 21,000X what barings was sold to ING for
mjr_: if that isn't fucked up, i don't know what is
cadsII: taub: my understanding is that the wall is a large amount of sell orders that were put on the upper margin by bears.
taub: yea cadsII, but people think because bitcoin has great longterm potential that there wont be any dips or something heh
taub: eh stupid people will be stupid
mjr_: yep just a bunch of resting orders on a book at a certain price
mjr_: seems like people forget about the old cancel button far too often
gribble: Error: The command "get" is available in the Dunno, Herald, and Topic plugins. Please specify the plugin whose command you wish to call by using its name as a command before "get".
gribble: Error: "getinfo" is not a valid command.
mjr_: i wonder how many short positions there really are
mjr_: i know of one place where you can short
mjr_: and i don't think their volume is a huge percentage
dub: ;;gpg info tradefortress
mjr_: because all those people who think that walls are conspiracies
mjr_: don't realize that the wallmakers have all the risk
mjr_: or should i say most
mjr_: price manipulators are usually fighting the market
mjr_: trying to maintain prices buy support buying or what have you
mjr_: or on the flip side trying to keep price low while waiting for funds to clear (stupidest theory)
mjr_: the bigger the market the harder to control
mircea_popescu: but since peiople's education consists mostly of films and novels
jurov: still, i wouldn't rule out somethink like goxapi backdoor
mjr_: and with the dearth of margin (5 x 1 is good in btc trading...300 x 1 is easy in forex) you can't put up the imposing walls that make people sit back
arij: where can you trade btc on a margin?
taub: theres this one site but it has high fees
Namworld: 0.015 affords you a palace in shantytown
mircea_popescu: except those don't get mixed into the main market info by design
mircea_popescu: but anyway, re shorts : there were at least 20k btc total in short positions at a few points this month
Josh_Rossi: the second one is a 7 day loan at 510%
jurov: mircea_popescu: deposits, please?
MJRIII: bitfloor last is 73.50
MJRIII: once its up around $100 i can't wait to just trade for fun
MJRIII: rebate is really nice at that price
mircea_popescu: smickles my npd goes as such : yest told waitress she has a beautiful smile and it's a pleasure to talk to her which made her smile compulsively like an idiot every time she saw me and then gave her a nice tip. today cooked pasta and had jasmine tea (4 cups). so you tell me.
MJRIII: did you watch the tiberiusiv section?
MJR_III: it tends to repeat itself as tiberiusiv keeps circling back to his old flawed points
MJR_III: smickles really cut the argument down to its core though, so good job to him
Bugpowder: tiberisuiv is a little puppy, very excited about all these new ideas bitcoin has put in his head.
jurov: wait till mircea comes to what tibby thinks about his sdice opinion
mircea_popescu: for the record tho : the dividend-based corp valuation model is flawed.
mircea_popescu: i understand the value of dividends in decreasing risk
mircea_popescu: however, plenty of irl companies pay no dividends. hathaway paid no dividends.
MJR_III: mircea_popescu: that was kakobrekla's point of view
dub: I like monkey paw green tea
mircea_popescu: and YES, buffett COULD wire himself all their capital in uganda and run off.
MJR_III: AAPL being the best example
MJR_III: did not pay any dividends in steve jobs era IIRC
Bugpowder: dividends make sense if you have a strong income flow but not a good plan for applying that capital to company growth
smickles: i was a bit of a troll at some points MJR_III ;)
MJR_III: smickles: it was in that sense anti-troll
mircea_popescu: Bugpowder exactly. which is why i see why the cavirtex ppl wouldn't really want to pay dividends.
MJR_III: because saying evoorhees runs sdice and bitinstant is patently false
MJR_III: mircea_popescu: i agree...but i don't like having to sell a position to take profits
MJR_III: if i believe in the company i'd rather just buy and hold...but sometimes you need to take some profits to rebalance
mircea_popescu: the fact that stocks work as bonds (ie, they issue dividends)
mircea_popescu: or moreover, fractured : the big time holders who don't participate in price formation
MJR_III: i am in that boat now with sdice
mircea_popescu: and the 1-10 btc holders who move the price 30 to 70 to 30 to 70
MJR_III: that is my biggest problem
MJR_III: it fucks up my performance sheets
MJR_III: since volume is very low and spreads are wide
mircea_popescu: so in a very macro sense you are better off as a portofolio investor with the "have to sell ot realise" paradigm, as inconvenient as it is
MJR_III: but again...valuation is the key, that is basically what caused 2008 crises
MJR_III: people not knowing what shit was worth
mircea_popescu: course corps like s.dice have no choice in the matter, as there's no practical way to deploy.
MJR_III: i was watching rogue trader today...they sold nick leesons trading floor jacket for 21,000 lb
MJR_III: actually they should have claimed that it was a liquidable asset
MJR_III: and ING should have gotten it
MJR_III: i'm about to watch margin call...but that very word makes me feel ill
MJR_III: which is why i like bitcoin trading...i don't have margin calls to worry about
mircea_popescu: lol @ "unless there is legislation STOPPING you it is implicityly legal" "WRONG" part
MJR_III: this is completely ignoring the matter of jurisdiction of said legislation
gribble: There are currently 40223789 bitcoins demanded at or over 0.0 USD, worth 7129667.659 USD in total. | Data vintage: 97.4144 seconds
mircea_popescu: s.dice paid ~70k btc in a year and the average mkt cap past month is 500k
Bugpowder: the is the lower bound of cash on hand at mtgox
MJR_III: in some ways it makes more sense to think of SDICE as a private equity stake
MJR_III: it is just getting started i feel
mircea_popescu: 100 dollars deposited allows you an order of 10bn btc at 0.00000001 eacgh
Bugpowder: more useful would be total current deposts.
Bugpowder: mircea_popescu: I am not interested in the BTC number, just the USD total
mircea_popescu: but they can't publish that as it'd tell a real sad story.
MJR_III: did you see the number of tickets available?
MJR_III: not available actually but in queue
MJR_III: fucked up how much noise to signal there is from the biggest exchange
mircea_popescu: "mjr: if satoshidice future was more certain, the price would reflect it, it doesnt." << well, this is fundamentally a broken argument.
mircea_popescu: a restatement of the efficient market theory, which is broken even in fiat.
MJR_III: he is a HUGE proponent of efficient market
smickles: Bugpowder: it's not cash on hand at gox
MJR_III: as you'll see...i told him if market was efficient it'd be broken
smickles: gox lets you place bids b/f you have cash in the account
smickles: they show in the book and only disappear when they get touched by an ask
mircea_popescu: wtf is it about bad ideas that makes them so irresistible to people.
dub: isn't dice price a reflection of random market killing acts by its issuer?
MJR_III: Bugpowder proved that last night
MJR_III: the other orders only pop up when that one is canceled
Bugpowder: If you underfund your bids, your cheapest bids don't post to the market
mircea_popescu: so basically you can put it in, but it won't list it in the book ?
MJR_III: i think bugpowder said that they only show the closest to top of book?
MJR_III: what about both sides of book Bugpowder?
Bugpowder: Don't have coin at mtgox right now, but pretty sure you need to fund asks too for them to show
Bugpowder: I can test in a few days when I dump another batch at $97. :)
MJR_III: well that theory was busted for me...i guess their book is pretty accurate, as far as they actually have funds behind orders
Bugpowder: right, but what we REALLY want to know is the shadow pool of funds not on the book.
smickles: it's why people say X wall is fake
MJR_III: been a trading movie kind of day
Bugpowder: people say X wall is fake because they are fucking idiots.
MJR_III: glengarry glen ross and rogue trader...now margin call
dub: I was trying to think of a way that gox can be gamed through its shithouse engine
dub: you could basically stop trading with a handfull of accounts
MJR_III: doubt they have toxic flow preventers
MJR_III: you could use the api to send many orders at tiny amounts
dub: if you could work out how to reliably control timing..
Bugpowder: to some extent bots already do that
MJR_III: it is almost certain that they are doing reads on an HDD
MJR_III: well bots do it intentionally to try to place orders
Bugpowder: I would imagine they are using SSDs.
MJR_III: you could do it far outside the money
MJR_III: you wo9uld imagine wrong i think
Bugpowder: and that the whole book is kept in RAM
MJR_III: 2 minutes lag with an ssd?
MJR_III: no way its that slow if that were the case
MJR_III: DB programming is one of the biggest areas where this space needs help
MJR_III: how could they be so slow in RAM
MJR_III: even more reason they can't have it in ram
mircea_popescu: MJR_III because they run a webserver on the same machine
MJR_III: they list "improving the matching engine is one of our biggest projects right now"
MJR_III: apache is not the matching engine...though that very may well exacerbate the problem
mircea_popescu: they're prolly going to move it on a separate machine seeing how i the "how mpex does it" article made the rounds
MJR_III: ah could be true i suppose
MJR_III: not a big fan of apache...its ok
MJR_III: they should have gone nodejs, nginx, and mongodb
smickles: < Bugpowder> smickles is wrong << i guess they finally gave that up, huh? (also, i'm laggin out like mad cats)
MJR_III: but mostly for the cool factor
mircea_popescu: well... most webservers come prioritised out of the box
dub: smicklescorp under ddos?
mircea_popescu: "Most open tickets have a resolution within 20 minutes. Remaining cases are when there is not enough information, or when issues are not simple user-specific issues (or linked to an outage)."
smickles: dub: yeah, by the damn baidu bot
smickles: it hits me about 12 times a day
MJR_III: btw... mircea_popescu did you see the Private Equity deal for CoinBase?
Bugpowder: mircea_popescu: They raised my withdrawl limit two hours after I emailed them
jurov: interesting, bitcoin-central does accept unfunded asks too, but shows them in book with zero amount
mircea_popescu: as far as i know you're the only person with a positive experience with them.
Bugpowder: yah, I was afraid it would be a PITA and I'd be behind 5500 accounts waiting verification
Bugpowder: I was already verified so it must have been easy
Bugpowder: so many reddit posts about how hard it is to buy bitcoins
MJR_III: put $170 in on the 19th...$175 today...
MJR_III: crazy to see compound interest at work...usually its fractions of pennies
Bugpowder: its really a system of haves and have nots. People with verified gox accounts that aren't scared by filling out a wire form or put off by paying a $30 fee, or have a bitcoins direct account... Those are the haves. Then there are the people that use coinbase or are sitting in the verification queue.
nanotube: jurov: i updated to use the new data.mtgox
Bugpowder: Bitcoin is just such a stunning example of how profitable it can be to be an early adopter of something, on some many levels.
jurov: can i resell my verified acct somehow?
jurov: or would it be suspicious that guy from yurp suddenly gets bunch of ach,dwolla and such stuff?
mircea_popescu: Bugpowder then there's the people with 50k waiting for 3 months for the "developers" to look into it
Bugpowder: mircea_popescu: Did they wire in over $10k at a time?
jurov: let's finish the drawin together
mircea_popescu: Bugpowder long time user guy, im sure he didn't step into anything obvious.
mircea_popescu: "MagicalTux already explained that he is writing a entirely new site that is decent and not a stupid magic the gathering trading script. "
Bugpowder: So... On wednesday, thursday and friday of last week, 10,000-20,000 BTC buys went off between 15:00-15:30 GMT each day. So, we may be thru $75 within the next 15 hours.
gribble: A market order to buy 20000 bitcoins right now would take 1477023.0224 USD and would take the last price up to 75.1364 USD, resulting in an average price of 73.8512 USD/BTC. | Data vintage: 0.0011 seconds
MJR_III: mircea_popescu: did you see the car i want to get once bitcoins make it possible lol
MJR_III: but anyways...this PE deal could be good i think
MJR_III: could probably use some activist investors lol
MJR_III: fix whatever stupid model they are using
dub: I was gonna dismiss that based on its european decent but its actually pretty badass
mircea_popescu: "Hey All I Am a long time miner with a low budget. My 1 Gh/s isnt cutting it anymore, or has it for a long time. I need our Help to Secure a Batch #3 Avalon. I Have A Listing Up On BTCJam"
MJR_III: but maybe at $1000 per btc
MJR_III: but that was not the cool link...what would you price that block of coinbase shares at?
MJR_III: while i agree coinbase is fucking up their opportunity
MJR_III: that just changes the price
MJR_III: in fact, i think that is not a good sign for them
MJR_III: looking for liquidity options ON A FORUM
MJR_III: not an otc thing, or not another internal investor
tiberiusiv: if voorhees has 90% of sdice shares, what stops him from playing on his own site everytime he wants to dump more shares, in order to increase "profits" thereby introducing more motivated bidders to buy them
Bugpowder: mircea_popescu: A car is a functional object of desire that feels like it just might actually be in reach, even if you have only a few hundred coins.
Bugpowder: minus the mystery investors shares
tiberiusiv: if sdice had that level of profits why is mpex worth more then sdice?
tiberiusiv: the article doesnt answer the question
mircea_popescu: tiberiusiv any field of human activity will have open questions.
tiberiusiv: bitcoin enables you to run boiler room scams all day long
Bugpowder: Also known as the bitcointalk forum
tiberiusiv: mircea: its more entertainment then anything
Bugpowder: I cannot freaking wait to see the MPOE results for this month
Bugpowder: I suspect a disaster is brewing for the bondholders
tiberiusiv: create bids to sell the 1bil shares too
Bugpowder: I assume this is what mircea_popescu is doing. Why else would S.MPOE be worth so much?
Bugpowder: People have deposited a LOT of coins into the recieving address
MJR_III: investing in a company that loses value in bitcoin (as long as its not too fast) just slows your rate of gain for now
mircea_popescu: dude, i have no idea. there's an old article discussing this, i'm no better.
mircea_popescu: one idea may be that s.mpoe shareholders can never make a loss.
Bugpowder: the coins need to go into some security
tiberiusiv: bugpowder: you can send coins to yourself.
MJR_III: i have always wondered why you put bondholders before shareholders
MJR_III: which is fine, but just opposite
tiberiusiv: what losses are the bondholders taking? he didnt default
Bugpowder: there are many financial instruments that are concievable
tiberiusiv: he probably placed bondholders before shareholders since hes the largest shareholder
Bugpowder: one should read the contract, not the name.
tiberiusiv: i did read your post, there was no answer about mr voorhees
tiberiusiv: voorhees has massive incentive to manipulate sdice and get rich dumping stock
Bugpowder: nobody knows, and everyone knows nobody knows except those that do not yet know that everyone knows that nobody knows.
mircea_popescu: how much is a 2 carat, sdlightly yellow, princess cut no impurities diamond worth ?
Bugpowder: what do you mean by slightly yellow?
MJR_III: (k)In the case where MPOE, after having paid the interest as detailed above as well as all costs and fees resulting from contracts purchases and executions will be found to have a shortfall, that shortfall will be applied to the capital of the bonds deposited that were accepted proportionally, so that each bond is reduced by the same ratio as the ratio between the shortfall and the
MJR_III: calculated capital reserves requirement. Bonds that were not accepted as well as the unaccepted parts of partially accepted bonds are extempt from this reduction.
Bugpowder: assuming its a J color, and lets say SI2
mircea_popescu: diamonds are not scarce and debeers is just manipulating the price.
Bugpowder: are you using a cost based pricing model instead of a price based costing model?
mircea_popescu: just showing that speculative thought is not always economically relevant.
Bugpowder: if the diamond cost $45 to dig out, you need to spend $2000 in ads to make it worth $12000
Bugpowder: cartel is pretty much broken now right?
mircea_popescu: we're armchair economists, so we get to pick our cost model.
MJR_III: i guess the overall point to take away is invest what you want and get the returns you can...try to learn the risks, but you will NEVER have a risk free investment and you will never have perfect information
mircea_popescu: Bugpowder actually... the russians found something like three tons under a lake.
Bugpowder: MJR_III: yeah, to the point of tiberiusiv, this is just one more datapoint for the risk matrix. Get more datapoints and connect the dots better then everyone else and you will make money in this bitcoin shit.
MJR_III: efficient market is bullshit
MJR_III: try to know a little more than the next guy
mircea_popescu: anyway, the "it's all just one great conspiracy" argument is never disprovable.
tiberiusiv: at the end of the day, major players hold substantial bitcoins and need bids to dump them. bitcoin has worse wealth distribution then even fiat currency by a massive margin
mircea_popescu: it carries a little more apparent water in btc than irl because there's fewer people in btc
Bugpowder: mircea_popescu: and with competition that is significantly underpowered relative to irl finance.
mircea_popescu: but then again, we KNEW there's fewer people in btc at the onset.
tiberiusiv: just add up even the top 500 adresss which probably belong to 50 people.
Bugpowder: yeah, I actually doubt tiberiusiv statement is true
mircea_popescu: why haven't i thought about that! you mean this can prove ANYTHING ?
Bugpowder: add up the top 50 people IRL net worth
mircea_popescu: Bugpowder i have no way of knowing. i'm one of the major holders and my addies aren't on the list.
tiberiusiv: bugpowder: none of the top 50 hold even 1% of oustanding dollars.
tiberiusiv: the top 500 adress's probably belong to 50 people
tiberiusiv: that doesnt even count the spread out individuals
mircea_popescu: is this where someone whips out a "the richest 50 famblies own 547834987593485 dollars" ?
tiberiusiv: the richest families dont own the money.
tiberiusiv: they own illiquid assets they can never sell
error4733: dont thinks big holder keep in big wallet, u made 100 address in a second
MJR_III: Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem. Nothing you have ever experienced will prepare you for the absolute carnage you are about to witness. Super Bowl, World Series - they don't know what pressure is. In this building, it's either kill or be killed. You make no friends in the pits
MJR_III: and you take no prisoners. One minute you're up half a million in soybeans and the next, boom, your kids don't go to college and they've repossessed your Bentley. Are you with me?
tiberiusiv: yea MJR im sure your selling low and high with your 25 btc's
mircea_popescu: why ? chix in the pits are some of the hottest sackpanthers you'll ever befriend
Bugpowder: tiberiusiv: if you a baller why not flash some addresses up here
Bugpowder: what evidence do we have that you are a baller
mircea_popescu: he's taking the boy approach to learning, challenging stuff.
tiberiusiv: learning what? so far what ive seen in here is massive misunderstandings of markets
tiberiusiv: no understanding of liquidty, bid/asks spreads. confusion over the fact that a tiny group of bitcoiners has massive price influence.
tiberiusiv: the major holders are all to happy to get coinlab to accept wallstreet bids.
tiberiusiv: since they need HUGE bids to be able to effectively cashout
mircea_popescu: i wonder if annoyed ddos person manages to take off freenode
tiberiusiv: you were crying over $4k lost in papergains
MJR_III: tiberiusiv: it was a quote from trading spaces btw
MJR_III: tiberiusiv: you usually sound like a person who has no real experience beyond a textbook
MJR_III: anyone who believes in the efficient market theorem sounds like a freshman economics major
Bugpowder: tiberiusiv: here is why we wouldn't be... Coinlab is more likely to get hacked than to get wall street bids.
mircea_popescu: actually the more amusing part is this "coinlab wallstreet" business.
Bugpowder: that's why I'm making money off you
Bugpowder: you have cleverly firewalled the risk
tiberiusiv: top 26 BTC adress's are about 10% of all BTC outstanding lol
Bugpowder: coinlab is a joke (for now), coinbase is a clusterfuck
Bugpowder: coinlab does have the potential to become even more of a clusterfuck than coinbase
Bugpowder: tiberiusiv: nobody knows. They moved thier alpha date to 'real soon now' 2 weeks after they said it was opening.
mpexbot: mircea_popescu: 0.143377065659 seconds
Bugpowder: their 'partnership' with gox immediately raises thier potential beyond anything coinbase can fuck up
MJR_III: lol nice job mircea_popescu
MJR_III: fucking testament to the strength of bitcoin as an IDEA that it survives the shitty management that people throw at it
MJR_III: and i am not talking even about EXECUTING WELL
MJR_III: i am just talking about TALKING WELL
MJR_III: and i am mjr_ so somewhat new
MJR_III: fuck...not sure where i left that cookie lol
Bugpowder: someone should start pastebinning these posts
Bugpowder: cut off mircea_popescu's revenue stream
MJR_III: i was gonna ask how much actual revenue
MJR_III: priced so cheap that the time it took to set up was more than the cost
MJR_III: and now i'm doubling that cost i suppose
dub: anyway its probably not worth reading
MJR_III: lol, i gotta say the content is worth the price
dub: in that if you don't already know what a fuckup amir is, you don't really want to
dub: yes I am pained by his continued existence
MJR_III: "Taaki is a speaker of Esperanto" srsly?
MJR_III: so he can talk to the other five guys?
MJR_III: lol, anyway...he is a fuckup, he was behind intersango
mircea_popescu: hes' the guy who "opensourced" the bitcoinica code, so abominations like bitfinex could spring up
mircea_popescu: except he opensourced it with sensitive passwords in the codebase
dub: we haven't heard from Amir in a little while (afaik), I had hoped that his mother stopped suckling and he starved to death
MJR_III: USD11.90000 last intersango usd trade
mircea_popescu: anyway, boiler room is downloaded and my toes are being suckled on so i shall bid you all a very fine evening and be back later.
MJR_III: let me know if you like it
MJR_III: the notorious big quote was from taht movie
smickles: holy crap, mpexbot took 20 gig in a second and then upstream cut them off
mpexbot: smickles: S.DICE Bids: ['1512 @ 0.0038512', '1000 @ 0.00385001', '1000 @ 0.00380002', '250 @ 0.00380002', '5555 @ 0.0036']
mpexbot: smickles: Asks: ['1907 @ 0.00444436', '500 @ 0.00444437', '900 @ 0.0044444', '204 @ 0.00444442', '1000 @ 0.00449999']
tiberiusiv: top 410 adresses control roughly 35% of all BTC
tiberiusiv: theres a possibility 100 individuals own 50% of BTCs outstanding lol
MJR_III: wow so the ddos is affecting all of freenode
MJR_III: Thinker_ he has signed a message with an address that has 20000 btc?
Thinker_: at least he said he became a "bitcoin millionaire" when USD/BTC was 50
MJR_III: lol, after watching his show, i would take anything he says with considerable skepticism
tiberiusiv: bitcoin has one of the worst "wealth" distributions of any monetary system yet
MJR_III: tiberiusiv: dude...if it is so bad, why get involved?
MJR_III: at the end of the day all that matters is what you do
tiberiusiv: no what matters is what happens when the tiny % that influence 90% of the market change their mind.
MJR_III: yeah freenode put out alerts
tiberiusiv: mircea: a better one is glengary glen ross
mircea_popescu: anyway. "i'm not your friend, that's your mother's racket. i'm your father, i tell you when you fuck up"
smickles: mircea_popescu: did you see what I said happened to mpexbot?
ozonelayer: hey all. I have a question about mpex options. what is the size of each contract. 100BTC? I can't find this anywhere...
mpexbot: mircea_popescu: 0.112129211426 seconds
ozonelayer: mircea_popescu: ok. thanks. typically, options are usually in units of 100 of the underlying asset. just a convention i believe (though SEC in the us may make this required...i'm not sure)
mircea_popescu: ozonelayer from a general pov tho, the best unit is THE unit, ie 1.
mircea_popescu: if they were stacks of 100 the price'd just be higher, not like you can't stack them in 100s if you want.
ozonelayer: yea...i agree. however, the convention is well established. so, this kinda goes opposite of it. no big deal. i just buy 100 as many
smickles: or do you mean btc/fiat trading?
gribble: BTCUSD ticker | Best bid: 70.20001, Best ask: 70.25001, Bid-ask spread: 0.05000, Last trade: 70.25003, 24 hour volume: 42883.17754023, 24 hour low: 63.51000, 24 hour high: 72.49999, 24 hour vwap: 69.52634
MJR_III: been surprisingly boring tonight on gox
mpexbot: mircea_popescu: 0.108052015305 seconds
MJR_III: i mean...network address translation routers seems obviuos
MJR_III: but how does that relate to a tradeable asset?
mircea_popescu: one of these days i gotta get myself a new keyboard that has a functioningspacebar
MJR_III: how did you write those spaces?
MJR_III: how'd you like boiler room?
Chaang-Noi: but gox is slow too and all the other exchanges
dub: jesus croquet playing christ I have an urgent need to break some fucking neck
MJR_III: but i am on one more finance movie for the night
mircea_popescu: anyway, teh boys seem to be having things under control, so i'll prolly resume
dub: motherfucking corporate leeches existing for he express purpose of doing nothing useful ever
MJR_III: dub: what is the specific reason behind that statement?
dub: asshats reworking policy they don't understand, slapping completely unrelated 'standards' designations on documents that don't come close to touching the subject matter
dub: and nobody thinks to either fire these prolific masturbating timesinks or let me punch them in the face until they die
mircea_popescu: "The home-made bomb exploded at a Polemidia branch ATM machine near the city of Limassol at around 12.30 a.m. on Monday."
Chaang-Noi: lol dub, im okay if you hit them till they die if that helps
Chaang-Noi: back in the 70s for the weekend, crazy shit
gribble: Current Blocks: 227909 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1914 blocks | Next Difficulty In About: 1 week, 3 days, 8 hours, 18 minutes, and 9 seconds | Next Difficulty Estimate: 7152581.64559 | Estimated Percent Change: 6.82149
Bowjob: poor people protesting a restaurant in vancouver.. wtf
Bowjob: for gentrifying the land
Bowjob: im tempted to eat at that restaurant now
Bowjob: basically downtown east side.. is the worst part of vancouver where poor people naturally reside
Bowjob: then this new restaurant came up that the locals cant afford.. so they start protesting
mircea_popescu: are they protesting that t hey're poor or that other people are rich ?
mircea_popescu: "Protesters say the restaurant -- which offers a modern menu fusing Asian and French flavours - is gentrifying the area and the premises would be better used for housing."
mircea_popescu: lmao. they paid the rent. they get to say what the premises are best used for.
mircea_popescu: these people should be convicted to 50-100 hours of mandatory capitalism training.
mircea_popescu: fuck gay rights and women issues and all the rest of the bs.
mircea_popescu: you go about saying "x's money should be better used for your own aggenda" you get arrested and you go to capitalism training.
mircea_popescu: idiots should be shot. communists should just be starved to death.
smickles: shooting communists is a waste of resources
Bowjob: thats the pressing issue here in vancouver. a freaking restaurant
Bowjob: i looked at their menu.. its not that expensive compared to other restaurants here
Chaang-Noi: your poor have too much money... they should not have the energy to revolt...
mircea_popescu: it's a bunch of uppity young kids who couldn't get into a real school
mircea_popescu: can't just say "sorry dad, i'm a failure, my double major in dumbfuckery is useless"
Chaang-Noi: okay then the people who should be poor, like out of work kids are too rich...
mircea_popescu: yeah, but kinda hard to get parents to throw out the refuse they spawned.
Chaang-Noi: i started work at age 12, im sure my son will as well
Chaang-Noi: i moved to a country were we can avoid silly things like labour laws
mircea_popescu: certainly if i ever have kids it will not be in a white country.
Chaang-Noi: burma is where i ahve had my eye for a long time, lots of opertuinity there
smickles: hmm, i guess my daughter is done for then
mircea_popescu: anything as long as it's not something run by the celebrated failures.
mircea_popescu: that's gonna be a tough thing to be in a coupla decades, so
jcpham: already looking for land
Chaang-Noi: africa i would personally stay away from
jcpham: we've been there. i have friends there
jcpham: not really. not at all
jcpham: they live in opoen air huts
jcpham: catch water in ceisterns
Chaang-Noi: i want has go, if btc keep trucking up im going to be doing a lot more traveling
jcpham: it's off the map as far as i'm concerned
smickles: wow, i really have no idea where my daughter will end up. I guess the best thing to teach here is wilderness survival skills
Chaang-Noi: wilderness survival skills are over rated... if we need to go there there will be way too many people
jcpham: eats lots of taro root and papaya
Chaang-Noi: just tach her how to use arms, and have lots of them
jcpham: it grows everywhere there
Chaang-Noi: taro root sucks, papaya is pretty nice
jcpham: not sure why i like taro
jcpham: buddy is samoan, we've been there, i like it is cheap
jcpham: USD is like 5:1 their money
smickles: I think the wilderness survival skills I was taught helped me in a number of other areas, and I've only used the survival skills directly in recreational situations
smickles: nothin' beats catching a catfish on a self-constructed hook, line and rod
Chaang-Noi: 130nm with 6-8J/GH. how is this compared to bfl?
jcpham: also i live on the lake now
jcpham: we've been fishing for 3 days
MJR_III: but seriuosly i think you could set up a nice little island in the phils
jcpham: i like to eat for free
Chaang-Noi: island in phils, watch out for pirates and muslumz... no joke
smickles: next month, we witness jcpham mad as a hatter
Bowjob: yah, muslims in the phils are fake
Bowjob: they are just innit for the beheading
Bowjob: the real muslims, (the pissed off kind) mean business
jcpham: smickles i'm pretty mad already
Bowjob: the ones in phils shits and giggles when they behead someone
jcpham: i can't see how i could get crazier
Bowjob: and rythmically time their 'allah snackbar' chants witch each stab
mircea_popescu: dude, it's obnoxious, it smells great and tastes rotten
jcpham: i'll make sure to invite you to my dirt hut and feed you papaya stew mircea_popescu
jcpham: it'll be great, you'll sit on an old log
jcpham: it'll smell like old socks
jcpham: we can have a hut orgy
jcpham: the neighbors would lose it
jcpham: bunch of fat samoans standing around my hut in a real life circle jerk
MJR_III: but i think also if you are in the phils you could start a remittance service
mircea_popescu: myeah. i'll have my secretary check my schedule for me.
mircea_popescu: the dude translating mpex faq to spanish made "small mormon family" into "familia de profesionales"
jcpham: does Mormonism translate into spanish
jcpham: can you teach a spanish person their religion is wrong and theat a guy from America is the one true prophet
jcpham: not sure if culturally correct
mircea_popescu: some dumbass who was "reading" a language he didn't speak
mircea_popescu: and then forgot what he read and couldn't read it again
mircea_popescu: so he had to start over when he lost his original notes
jcpham: we have some really fucked up religion in America
mircea_popescu: i wonder how many self-identified "mormons" are aware they're on mormon 2.0, 1.0 having been around for about sixteen months
jcpham: Jehovah's witnesses are another classic subject
jcpham: they don't believe in christmas or birthdays
jcpham: so like jehovah girls are broken
mircea_popescu: jcpham running joke in this group of law sophomores was threatening them with prosecution for perjury
jcpham: because their parents never celebrated anything with them
mircea_popescu: don't they celebrate first period or some weird shit "?
jcpham: jehovah kids are strange
smickles: lol, one of those witnesses found me with my daughter
smickles: i kept the convo full of subtle puns which indicated i was an atheist
smickles: he wanted to tell me that i needed his god to be a good dad
smickles: i said something about having the natural capability
smickles: he complimented my daughter's beautiful eyes, saying that they were evidence of the spectical of god
Chaang-Noi: christans are not know to be the smarts bunch
smickles: i asked him if he noticed that they presented an evolved trait of one half of one eye being blue
Chaang-Noi: or any flavourt of org religion (but jedi)
smickles: a trait that basically proves evolution in itself by the way it presents in humans
smickles: dude had no luck converting me to his creationist ways. but I gave him a fair chance
smickles: Chaang-Noi: yeah, those fsm pirates are nutters too
Chaang-Noi: yeah, i forgot about them, they be the awesome
Chaang-Noi: i almost got registered as a minster under them
smickles: mircea_popescu: yup, and all her children and their children and so on will too
Chaang-Noi: fsm is est religion evar, much better than jedi
smickles: maybe the dood thought it was the mark of satan, cause that was the end of our convo
gribble: There are currently 19286.523 bitcoins offered at or under 75.0 USD, worth 1425775.04212 USD in total. | Data vintage: 0.0021 seconds
gribble: BTCUSD ticker | Best bid: 72.00000, Best ask: 72.31499, Bid-ask spread: 0.31499, Last trade: 72.31499, 24 hour volume: 42712.39071457, 24 hour low: 65.11200, 24 hour high: 72.50000, 24 hour vwap: 69.98001
gribble: There are currently 45087.562 bitcoins offered at or under 99.99 USD, worth 3779057.44622 USD in total. | Data vintage: 16.9417 seconds
Bowjob: that dude that wants to smuggle funds to malasia would push us to 100 bucks
smickles: mircea_popescu: also, because of it, she should be able to see and distinguish more colors than normal people
smickles: how do i teach her about a color which i can't see myself, i ask you
smickles: the guns never kept me away from others' daughters when i was young
smickles: maybe they were all just pussies tho
smickles: wth is this song about, i don't understand anywhere near enough french for it
smickles: oh my, that's a much, much more sexual song than i thought it was
mircea_popescu: if anyone is a graph reading expert, please read that to me.
Chaang-Noi: it measn s.dice is now worth 60% of what it was worth at its highest valuation
Chaang-Noi: so someone could theroreticaly ahve lost 40% of their welath buying at the top
Chaang-Noi: toffoo can it run linux well, thinkinga bout buying one and loading on mint 14
toffoo: would probably make most sense to keep OS X and load linux into a VMware virtual machine
Chaang-Noi: mp if you did a chart for btc the 100% would be at 74.9 and now it would be at like 95% (72.00)
Chaang-Noi: my goal is to keep an encrypted os to keep a btc wallet while i travel
toffoo: OSX has native full disk encryption .. no need for linux for that
Chaang-Noi: im going to buy it at the store, how do i encrypt it?
mircea_popescu: Chaang-Noi this is a mkt cap chart tho. if i took the dollar total value of BTC and the dollar value of a small company and compare them
Chaang-Noi: i have not used a mac in over 20 years
toffoo: there's an option in settings .. it does it in the background while you work .. it's really easy
Chaang-Noi: mp what i said stands unless there was share dilution
Chaang-Noi: that is why i know the guy lost 40% if bought at a high, im not telling you a price he lost at, just a ratio... 40$ is a ratio
mircea_popescu: say today google mkt cap is 5bn and apple mkt cap is 4 bn. then that would be 80% for that day on the graph
Chaang-Noi: your chart does not show anything abouty that]
Chaang-Noi: your chart only looks at s,.dice with limited info
mircea_popescu: dude you're telling me what it does based on you having glanced at it ?
Chaang-Noi: it would be silly to take that chart and then look at a google chart... you could, but the only thing you could gain in knowledge is to see if the trend down was the same or not
Chaang-Noi: i honestly belive you do not know how to read that chart...
mircea_popescu: listen. it's X item valued in btc divided by Y item divided in btc
mircea_popescu: the price has been divided out, it's just relative sizes.
Chaang-Noi: all you show in the chart however is a ratio...
Chaang-Noi: it is easy to see (assuming no share delution, or buy backs) a guy if invested at the top has lost 40%
Chaang-Noi: in whatever currancy the market cap was figured in
mircea_popescu: listen, if i divide a distance in meters by another distance in meters, what will the result be measured in ?
Chaang-Noi: that is why i gave you the ratio of 40%
Chaang-Noi: so to find that out i have to see where you started
Chaang-Noi: this is basic chart read and basic maths?
mircea_popescu: yeah lol. it is pretty basic, but apparently not quite understood.
Chaang-Noi: yeah i can see that, but really its not a hard chart, look at some other real life examples and i think you can get it to click
mircea_popescu: Chaang-Noi you're the one that's not getting it is the problem.
Chaang-Noi: also you should not start that chart at 0 but rather the ipo price
Chaang-Noi: i ahve nothing to prove to up mp, you asked for my help, i gave it. take it or not, up to you
Chaang-Noi: others here will tell you im correct in what i said if you have doubts.
Chaang-Noi: maybe someone else can explain it a bit better than i, im not a good teacher.
mircea_popescu: you're a very good dunnker-krugerand tho. it compensates.
Bowjob: "Currently waiting to transfer flights in Europe, this week should be fun." -Loaded
Bowjob: hold on to the rockets
Bowjob: bears gonna get slaughtered
Chaang-Noi: lol, i help you out and you give me insults:) you must be a very angry guy.
Bowjob: mhm, it could be he's planning a dump as wella ctually
Bowjob: he owns like 40k something btc
Bowjob: but i dont see why he would od that
mircea_popescu: Chaang-Noi dude, angry bs. the situation is this : i open up something for public discussion, you come up with a completely misunderstood notion of wtf it is. i tell you so.
mircea_popescu: im not angry or elated or anything else. just slightly amused.
mircea_popescu: think of it in terms of countries. there's two countries and we're measuring their power.
mircea_popescu: the smaller one goes from 40% to 80% of the bigger one during 2012
mircea_popescu: what has happened that turned the slow uptrend into a sudden downtrend late december ?
mircea_popescu: and then what has happened to turn it back again early feb ?
Chaang-Noi: yeah trends are about the only thing you can look at here, and really they both could have lost 99% of value or gained 99% of value in the real world, this kinda of chart is not really sueful for much
Chaang-Noi: it is only usefull if you have context
mircea_popescu: well yes, if both suddenly lost 99% of value in one week that wouldn't show on the graph
Chaang-Noi: share dilution would be one thing we would need to know
mircea_popescu: only their relative evolution is shown, all the outside noise tuned out
Chaang-Noi: if on lost 99.5% and on lost 99% just looking at the chart we would think the one that only lost 99% is better
Chaang-Noi: i mean shares coming onto the market, when did he dump that extra 3% of the company? cuz that was 33.33% more shares traded
mircea_popescu: well, i sold 10mn packs a number of times and erik i think sold 1mn 3x
Chaang-Noi: when he sold he put a lot of downard pressure on the stock and thus the whole company valueation
Chaang-Noi: cads he needs to add 3 0s to his bounty...
Chaang-Noi: mp trend is up to the other stock, but mdice has lost value
mircea_popescu: wait. to highlight the insecurity he's going to pay someone to highlight the insecurity ?
cads: evening, mircea. Hah, Chaang-Noi.
Chaang-Noi: mp it is a retarded troll who fails at life... cads should ignore him, or if not make fun of him
Chaang-Noi: mp that chart you made, with out context can not really show a whole lot of info, unless your whole world is nothing but s.dice and the other stock
cads: Chaang-Noi: yeah, sure, ignore the dude, and everyone else calls him by his initials ;)
Bowjob: avalon just sent out a newsletter
Chaang-Noi: ignore the guy trying to attack ltc not mp
cads: yeah, he isn't really signalling very credibly
Chaang-Noi: cads it wont happen this was treid 9 months ago it failed hard
mircea_popescu: the recent bitcoin misadventure has clearly shown we need at least one backup
Chaang-Noi: im not a btc nut, im a crypto coin nut
Bowjob: chang, i wont exactly link you to my email accoun
cads: Chaang-Noi: Hear hear.
Chaang-Noi: true cryptoi anarchists wont care for the btc brand name like the many who attack ltc...
Bowjob: the original email is an eyesore, i actually put it on word..
mircea_popescu: We plan to start shipping majority of batch two orders starting on 15th of April.
Bowjob: Basically what he;s saying is batch 2 will arrive at the end of may
Bowjob: since some bullshit reason will give them another excuse
mircea_popescu: so basically avalon is going full mining farm. big surprise.
Chaang-Noi: we might see 70% if the netwrok at two places in china if bfl fails like they might
Bowjob: so if avalon 3s dont get purchased, yifu will mine themselves
Bowjob: no mention of a vacation
Bowjob: sucks, i was hoping to get the best birthday present ever
mircea_popescu: if the western world we're sane this'd be pretty much the start of ww3.
Chaang-Noi: honestly there is no reason why they should not keep the hardware once all orders all filled, however bfl can do this for years, lol
Chaang-Noi: chinese do not vacation like you or me...
Bowjob: why cant we have a reputable asic vendor. that does exactly what they say they would
Bowjob: "a brand new SMT line in our facility. This upgrade will effectively double our production capacity, it enable us to put Avalon into the hands of our customer even faster. The new line is currently scheduled to come online during the last week of April"
Bowjob: What I don't get is.. if SMT line is scheduled to go online at the end of April..
Bowjob: and they say they will ship the majority in the middle of April
Bowjob: taht means they will only ship 300 at most in the middle of april
Bowjob: the other half at the end of april, adding extra delays and fuckups.. the "shipping date" will be May 5th, followed with 3 weeks of uncertainty
Bowjob: and followed with the actual stuff getting into customers' hands at the end of may
Bowjob: yeah the max they can produce is batch 3
Bowjob: for half of april, factoring the fuckups, shipping 5-10 a day
Bowjob: k, the math doesnt add up they ship a bit more than that..
Bowjob: yeah, chances are.. batch 2.5 will be at the hands of customers at the end of may
mircea_popescu: basically bitcoin is on a countdown before avalon gets too much mining together.
mircea_popescu: well played, i must agree, throw a few scraps to the clueless westerners, enough to get them to front your capital.
Bowjob: they still have one big haul left
Bowjob: so they will get about 2.6 million dollars
Bowjob: and makea farm for themselves
Chaang-Noi: mp i would do what they did if i had rthe skillz
Bowjob: if they dont get the 2.6, they will mine anyway
gribble: BTCUSD ticker | Best bid: 72.00001, Best ask: 72.27999, Bid-ask spread: 0.27998, Last trade: 72.00001, 24 hour volume: 43429.77497546, 24 hour low: 66.10000, 24 hour high: 72.78499, 24 hour vwap: 70.24961
gribble: There are currently 18991.757 bitcoins offered at or under 75.0 USD, worth 1404049.42126 USD in total. | Data vintage: 0.0021 seconds
Chaang-Noi: lost 1000 on the weekend, good news...
Chaang-Noi: either someone bought into the walls or they were taken down by 1000 coins since like 8 hours ago
Chaang-Noi: makes me all bullish inside my special placez
Namworld: uh... not sure what's going on exactly but eh
Namworld: You lost 1000 BTC? I hope not. Maybe USD?
Chaang-Noi: yeah but we are moving in the right direction, and it still weekend sorta
Namworld: Well I doubt these walls will hold
Bowjob: loaded is hinting at a european client
Bowjob: All right, for those of you who like to gamble, batch 3 will open in a few hours
Bowjob: I will take a look at whats going on.. but i wont buy
mircea_popescu: avalon pricing is an exercise in pulling numbrrs out of ass
dub: they could charge anything and people will buy them
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.79802 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.79801 = 3.192 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.798 = 3.99 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7925 = 2.3775 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7925 BTC [-]
assbot: [MPEX] [S.MPOE] 5934 @ 0.00065033 = 3.8591 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 96 @ 0.00438 = 0.4205 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 19 @ 0.004395 = 0.0835 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 435 @ 0.00465 = 2.0228 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 139 @ 0.00469 = 0.6519 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.17639 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1764 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.501 BTC [-]
assbot: [MPEX] [S.MPOE] 4304 @ 0.00065033 = 2.799 BTC [-]
assbot: [MPEX] [S.MPOE] 19900 @ 0.00065024 = 12.9398 BTC [-]
assbot: [MPEX] [S.MPOE] 596 @ 0.00064326 = 0.3834 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7813 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.781 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.78 = 4.68 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 21 @ 0.78 = 16.38 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 73 @ 0.78 = 56.94 BTC [-]
gribble: BTCUSD ticker | Best bid: 72.45383, Best ask: 72.88999, Bid-ask spread: 0.43616, Last trade: 72.45383, 24 hour volume: 43903.14440387, 24 hour low: 67.00001, 24 hour high: 72.93495, 24 hour vwap: 70.83011
Namworld: Possibly breaking 75 and running up to 100
Uglux: call it reloaded™ ;)
Namworld: I'm not sure I like the fact it's happening...
KRS1: what makes you think $100
Namworld: Actually I don't think we can go to or over the line.
Namworld: But price tends to move and stop at round numbers.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.804 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.809 BTC [+]
ChaangNoi: wonder why it is going down with avalon and bfl fail
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.819 BTC [+]
ChaangNoi: well this is the right direction atleast:)
Bowjob: what happened to avalon bet
Bowjob: seems like it got removed
gribble: BTCUSD ticker | Best bid: 72.30372, Best ask: 72.69999, Bid-ask spread: 0.39627, Last trade: 72.30372, 24 hour volume: 46499.99170688, 24 hour low: 67.00001, 24 hour high: 73.00000, 24 hour vwap: 70.99670
assbot: [BTCTC] [GSDPT] 15 @ 0.00439 = 0.0659 BTC [+]
gribble: BTCUSD ticker | Best bid: 72.21001, Best ask: 72.69999, Bid-ask spread: 0.48998, Last trade: 72.21000, 24 hour volume: 46190.13268606, 24 hour low: 67.00001, 24 hour high: 73.00000, 24 hour vwap: 71.02465
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.81 BTC [-]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00064326 = 1.2222 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.0047 = 0.0094 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.81 BTC [-]
jurov: lol let's call them by right name: cartel currencies!
jurov: so, another ddos that took out mpex.coinbr.com by shrapnel, too...
jurov: beefed it up, waiting what comes next
assbot: [MPEX] [S.MPOE] 5004 @ 0.00064326 = 3.2189 BTC [-]
assbot: [MPEX] [S.MPOE] 8200 @ 0.00064295 = 5.2722 BTC [-]
assbot: [MPEX] [S.MPOE] 19450 @ 0.00063865 = 12.4217 BTC [-]
assbot: [MPEX] [S.MPOE] 17946 @ 0.00063656 = 11.4237 BTC [-]
splnkr: damientrog: did you get one? they're already sold out
splnkr: i missed batch 2 by a few minutes and yet I was ready to spend 4X as much to get in on this one
splnkr: looks like i just missed it too
splnkr: congrats to you if you made it!
splnkr: yeah at least the dropped it from 88 to 72 BTC
assbot: [MPEX] [S.MPOE] 18350 @ 0.00063802 = 11.7077 BTC [+]
assbot: [MPEX] [S.MPOE] 3500 @ 0.00064993 = 2.2748 BTC [+]
gribble: Current Blocks: 227960 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1863 blocks | Next Difficulty In About: 1 week, 6 days, 5 hours, 6 minutes, and 22 seconds | Next Difficulty Estimate: 6715661.70839 | Estimated Percent Change: 0.29624
Bowjob: k, thats way worse than my 24 hour prediction
Bowjob: shoulda said within 1 hr
Bowjob: at either 72 BTC each, or 100 BTC for 4 modules
Bowjob: i wish i got an option for 4 modules on batch 2
Bowjob: someone's ranting on forums that they couldnt buy lol
ThickAsThieves: its just so amazing that BFL really is not shipping yet
assbot: [HAVELOCK] [SDICE] 2 @ 0.50500001 = 1.01 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.505 = 1.01 BTC [-]
Bowjob: micon is the winner of the bet
assbot: [HAVELOCK] [SDICE] 4 @ 0.501 = 2.004 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4905 = 0.981 BTC [-]
Bowjob: the whole thing is a scam
Bowjob: there is apparently a new asic supplier
Bowjob: this one is prolly a scam
Bowjob: I considered it, but I have batch 2 incoming..
Bowjob: i dont want to be too greedy
gribble: BTCUSD ticker | Best bid: 72.90001, Best ask: 73.01000, Bid-ask spread: 0.10999, Last trade: 73.01000, 24 hour volume: 50819.94621131, 24 hour low: 67.45000, 24 hour high: 73.01000, 24 hour vwap: 71.34375
unbalanced: Bowjob when do you expect it to arrive?
Bowjob: my batch two will arrive in the middle of may
Bowjob: batch 3 will arrive at the beginning of july
assbot: [HAVELOCK:SDICE] 1D: 0.49050000 / 0.51929412 / 0.53000000 (68 shares, 35.31199991 BTC), 7D: 0.40000000 / 0.48153116 / 0.53200000 (1169 shares, 562.90992223 BTC), 30D: 0.37000000 / 0.55362601 / 0.69400000 (5727 shares, 3170.61617943 BTC)
assbot: [HAVELOCK:VTX] 1D: 0.63210000 / 0.74049568 / 0.77980000 (176 shares, 130.32723989 BTC), 7D: 0.38280000 / 0.41016687 / 0.77980000 (10816 shares, 4436.36481305 BTC), 30D: 0.38280000 / 0.41016687 / 0.77980000 (10816 shares, 4436.36481305 BTC)
unbalanced: That'll probably still beat my BFL order from last Nov.
Bowjob: 37500 BTC at least were put into batch 3
Bowjob: that is not some easy number in BTC land..
Bowjob: they are betting BFL wont ship
Bowjob: snapped in 30 mins... i gave third batch 24 hours.. damn
Bowjob: how much u paid for bfl?
unbalanced: Are you sure it's against the rules to slap myself here?
Bowjob: yikes. you could afford about 2 Avalons
Bowjob: i only paid 56 BTC for my avalon 2
unbalanced: Would you like a co-investor in your batch 2? I could hedge my BFL exposure that way.
Bowjob: i believe if BFL ships, their capacity would be so limited
ThickAsThieves: i will gladly lend you 50btc today for 500btc tomorrow
Bowjob: though it seems BFL investors are losing hope
assbot: [MPEX] [S.DICE] 2900 @ 0.00449999 = 13.05 BTC [-]
unbalanced: It's always darkest before the meteor strikes.
ThickAsThieves: why does that print sometimes show [-] when it should be [+]?
assbot: [HAVELOCK] [SDICE] 2 @ 0.4905 = 0.981 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.49 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.45005 = 1.3502 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.450001 = 4.5 BTC [-]
assbot: [HAVELOCK] [SDICE] 13 @ 0.45 = 5.85 BTC [-]
unbalanced: Yep, so I'll be way after other BFL deliveries.
leotablet: what happened to the Avalon batch 1 bet on bitbet?
Bowjob: i thought mp closed it since he lost..
taub: someone here using sierra charts?
Bowjob: because it was sorta ambigous.. he bet on np
taub: is it possible to show volume in bitcoins and not in ticks
Bowjob: if that bet gets canned, its a red flag
taub: is satoshi one of the original developers?
taub: and he runs the dice game? or is that just in honor of him
Bowjob: satoshi has nothing to do with s.dice
taub: btc breaking out btw ;)
gribble: BTCUSD ticker | Best bid: 74.86254, Best ask: 74.88766, Bid-ask spread: 0.02512, Last trade: 74.86254, 24 hour volume: 56982.87826385, 24 hour low: 67.45000, 24 hour high: 74.86254, 24 hour vwap: 71.58647
gribble: There are currently 12350.322 bitcoins offered at or under 80.0 USD, worth 941216.151012 USD in total. | Data vintage: 0.0022 seconds
gribble: There are currently 6557.6808 bitcoins demanded at or over 70.0 USD, worth 467816.87006 USD in total. | Data vintage: 2.4252 seconds
gribble: There are currently 18442.798 bitcoins offered at or under 90.0 USD, worth 1460512.2211 USD in total. | Data vintage: 7.6800 seconds
splnkr: lol a zig zag to be enjoyed throughly
gribble: There are currently 31425.905 bitcoins demanded at or over 60.0 USD, worth 2089676.87999 USD in total. | Data vintage: 23.4083 seconds
Bowjob: where is that chart from BFL.. about the shipping dates
Bowjob: "The currently estimated shipping time frame if you were to order today is the end of April or Beginning of May. This is just an estimate, and until we know how many units we can produce per day and specifically when the bulk of our chips will be ready, we can't give a more accurate estimate."
Bowjob: hahahahahhahahaahaahah
deadweas1l: bfl has been entertaining from the start
Bowjob: can someone post that chart about bfl shipment
Bowjob: like, if u ordered back in june or something
Bowjob: i swear i saw one.. cant find it
assbot: [BTCTC] [BTC-BOND] 5 @ 0.009899 = 0.0495 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 6 @ 0.05500538 = 0.33 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.09 = 0.45 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.105 = 0.525 BTC [+]
Bowjob: basically, someone who ordered in nov, according to the "chart" will recieve theirs may
ThickAsThieves: they need to ship 1 unit before any dates matter at all
Bowjob: but we know thats bullshit because bfl's chart says those who preordered first would get theirs feb or march
Bowjob: avalon 3 will ship first
gribble: BTCUSD ticker | Best bid: 74.75000, Best ask: 74.80000, Bid-ask spread: 0.05000, Last trade: 74.00000, 24 hour volume: 57944.78653082, 24 hour low: 67.47000, 24 hour high: 74.90000, 24 hour vwap: 71.65377
Bowjob: it seems they limit the stock so that it wont get ddosed
Bowjob: i would imagine a nice round number
Bowjob: 500 units will be available
Bowjob: then again it could be 250 units too
ThickAsThieves: tempted, but i dont thinki could handle the stress of waiting
Bowjob: i bought the majority of my btc dec, 2012
deadweasel: yeah, if you can risk it, probably isn't a bad idea. are you going to pull the trigger on an avalon?
assbot: [MPEX] [O.BTCUSD.C750T] 6 @ 0.05510357 = 0.3306 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.80998 = 16.1996 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.81 = 4.86 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.819 = 4.095 BTC [+]
Bowjob: it just says sold out from time to time
Bowjob: because they learned from batch 1 and 2 ordering
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.05516855 = 0.2758 BTC [+]
Bowjob: so maybe 100 units per session
Bowjob: it will still sell out in 24 hours like i predicted
assbot: [BTCTC] [B.YABMC] 1 @ 0.01573 BTC [-]
gribble: BTCUSD ticker | Best bid: 74.54000, Best ask: 74.97900, Bid-ask spread: 0.43900, Last trade: 74.95000, 24 hour volume: 59306.49047898, 24 hour low: 67.47001, 24 hour high: 74.95000, 24 hour vwap: 71.73076
topace: jesus 101.14 BTC for 4 mod w/atx (85gh)?!
topace: why the huge jump in price?
topace: wtf is going on with bfl? no update in a week and a half?
topace: still "having problems with the test rig" ??
Bowjob: the high price is because it will give 100% roi in about a month
ThickAsThieves: yeah they are having problems letting go of it and mining themselves
Bowjob: if you multiply the current diff twice today
Bowjob: i still dont think bfl will ship anytime soon
Bowjob: so apparently the cause of delay is the ATX
Bowjob: .. if it makes my shipment faster, I can do away with the ATX
assbot: [MPEX] [S.MPOE] 13900 @ 0.00064713 = 8.9951 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
Bowjob: I recall josh saying the BFL bet for march 1 was gonna be a close one
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.05539952 = 0.277 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01301 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.008501 BTC [-]
gribble: BTCUSD ticker | Best bid: 74.89684, Best ask: 75.00000, Bid-ask spread: 0.10316, Last trade: 75.00000, 24 hour volume: 59971.91411337, 24 hour low: 67.75000, 24 hour high: 75.00000, 24 hour vwap: 71.88882
gribble: There are currently 9405.6834 bitcoins offered at or under 79.99 USD, worth 717701.616018 USD in total. | Data vintage: 82.2281 seconds
gribble: There are currently 29884.514 bitcoins demanded at or over 60.01 USD, worth 1996044.82564 USD in total. | Data vintage: 99.5886 seconds
gribble: There are currently 5620.2676 bitcoins demanded at or over 70.01 USD, worth 404970.347737 USD in total. | Data vintage: 114.1587 seconds
gribble: BTCUSD ticker | Best bid: 74.99994, Best ask: 75.00000, Bid-ask spread: 0.00006, Last trade: 75.00000, 24 hour volume: 61675.20387455, 24 hour low: 67.75000, 24 hour high: 75.00000, 24 hour vwap: 71.98374
assbot: [MPEX] [O.BTCUSD.C750T] 6 @ 0.07419275 = 0.4452 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 5 @ 0.08759408 = 0.438 BTC [+]
gribble: BTCUSD ticker | Best bid: 75.00000, Best ask: 75.00100, Bid-ask spread: 0.00100, Last trade: 75.00000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
taub: bids are really hungry
gribble: BTCUSD ticker | Best bid: 75.00000, Best ask: 75.25000, Bid-ask spread: 0.25000, Last trade: 75.25000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
gribble: BTCUSD ticker | Best bid: 75.00000, Best ask: 75.41000, Bid-ask spread: 0.41000, Last trade: 75.41000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
Bugpowder: bitcoinity should flash that photo
taub: will stop around 76
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.05878437 = 58.7844 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.0724339 = 72.4339 BTC [-]
Bugpowder: If you will recall, last night I predicted we would break thru 75 between 15:00 and 15:30 today.
thestringpuller: remember what happened last time you tried to time the market...
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.0884358 = 88.4358 BTC
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.26732239 / 69.81455463 / 71.07386247 (27706 shares, 6,570.16 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
Bugpowder: thestringpuller: I made a shitload
Bugpowder: most of my put strategies have been disasterous
gribble: There are currently 4840.9168 bitcoins offered at or under 80.0 USD, worth 380818.295732 USD in total. | Data vintage: 96.6348 seconds
gribble: There are currently 943.62198 bitcoins demanded at or over 74.0 USD, worth 70879.543115 USD in total. | Data vintage: 111.1004 seconds
Bowjob: we'll reach 100 in early april
gribble: There are currently 5820.2281 bitcoins demanded at or over 70.0 USD, worth 418623.359516 USD in total. | Data vintage: 0.0068 seconds
taub: quite the move despite that imbalance
taub: well alright not that much
Bowjob: i wish i have an mpex account
gribble: BTCUSD ticker | Best bid: 76.00000, Best ask: 76.80000, Bid-ask spread: 0.80000, Last trade: 76.00000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
Bowjob: can coinbr do options?
assbot: [MPEX:S.MPOE] 1D: 0.00063656 / 0.00065889 / 0.00068342 (339572 shares, 223.74 BTC), 7D: 0.00063656 / 0.00070239 / 0.00077505 (2216783 shares, 1,557.07 BTC), 30D: 0.00061614 / 0.00072046 / 0.00078628 (32186956 shares, 23,189.72 BTC)
Bowjob: but iw ont panick buy right now
Bugpowder: there is a deep explaination by MPOE-PR on the forum
Bugpowder: if you have any specific questions I can answer
Bowjob: I told my friends and fam about bitcoin
Bowjob: parents are interested in it..
Bowjob: my friends are "meh" about it
Bugpowder: people may roll into S.DICE (I hope).
ThickAsThieves: basically i conceptually understand options, but not totally clear on which ones represent what on mpex
gribble: BTCUSD ticker | Best bid: 76.01234, Best ask: 76.90000, Bid-ask spread: 0.88766, Last trade: 76.01234, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.06012379 = 0.3006 BTC [+]
Chaang-Noi: i dont have an account, i refused the free one offered to me
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.26732239 / 69.81663654 / 71.0760242 (27711 shares, 6,570.46 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: Error: "bc,24prc" is not a valid command.
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.0595729 = 0.2979 BTC [-]
gribble: Error: "bc,24hrprc" is not a valid command.
Bugpowder: thestringpuller: I don't KNOW about that loss.... That is my general sense from the options flow this month
gribble: BTCUSD ticker | Best bid: 76.05001, Best ask: 76.80000, Bid-ask spread: 0.74999, Last trade: 76.03000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
thestringpuller: Powda can I send you coin and you Push options to smickles
Chaang-Noi: im interested in next month 100 calls, what is the price
Bowjob: I feel sorta bad for ATC
Bowjob: i lent him 3 coins at 59 per btc
Bowjob: so.. how is ianbakewell gonna react to this
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.0595729 = 0.2383 BTC [-]
Bowjob: 77 BTC.. he shorted it at 34.5
Bowjob: i re read his thread.. ianbakewell.. his first payment is due on the 29th
Bowjob: he hasnt been online since the 4th
Chaang-Noi: not CHM, he is a good guy,. ianbakewellis a clear scammer
Bowjob: i proposed a bet that hes gonna scam
Chaang-Noi: and really i dont pay taxes other than on goods like this so i dont give a fuck
Bugpowder: 2 months ago people ridiculed me for preferring the coin on the right
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.06040495 = 0.2416 BTC [+]
Chaang-Noi: i think the hk people did the 200 baht valuation, if it was a thai i would have got 0
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.06040495 = 0.2416 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.06040495 = 0.302 BTC [+]
Bowjob: i like how im just chilling here, not going ballistic over the price anymore
Bowjob: does that mean im not a newbie?
Bowjob: i graduated from that shit. im hardened a bit nowadays
assbot: [MPEX] [O.BTCUSD.C730T] 3 @ 0.07431064 = 0.2229 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 3 @ 0.06040495 = 0.1812 BTC [+]
Bugpowder: dude I'm not a n00b and I am going ballistinc
Bowjob: how much money are u making on this
KRS-1: going down it seems we've reached the peak eh
Bowjob: i might make a coin.br account
gribble: BTCUSD ticker | Best bid: 77.28001, Best ask: 77.55643, Bid-ask spread: 0.27642, Last trade: 77.55643, 24 hour volume: 67673.58734707, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 72.92790
Bugpowder: Bowjob: I have no idea. We don't know where it willgo
Bowjob: i'll read about coin.br later, not in a rush
Bugpowder: people keep putting up asks and they get swallowed in a minute
Bowjob: it must be loaded's client
Bugpowder: Bowjob: you need to act decisively when the market moves. BUT you also need to be sure about your strategy. There will be many more opportunities both up and down, so do more research first.
Bowjob: not in a rush. I just *yawn
Chaang-Noi: bitcoinality says 78 coinlab says 79.99
Bowjob: buy and hold served me exceedingly well
Bowjob: survived the flahs crashes
assbot: [MPEX] [O.BTCUSD.C730T] 3 @ 0.07508561 = 0.2253 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 3 @ 0.06107536 = 0.1832 BTC [+]
Chaang-Noi: buy and hold unless you are an expert who thinks he can beat otyher experts in a crazy bull market
Bowjob: actually im more like an owl
Bowjob: i just sit there.. watching
Bugpowder: I have been buying calls at the bottom of the 24vwap following each flash crash
Bowjob: then i might become a hawk
Bugpowder: of course, the day that the crash does not bounce is the day the strat makes you lose big
Bowjob: the idea of puts scare the crap out of me
Chaang-Noi: bugpowder is a btc millionair! i hope we all will be as lucky soopn
Bowjob: we actually are all btc millionaires at some point in the future
smickles: boy did i come to the computer at a fun time
Bowjob: eh.. how high can btc be
Bugpowder: smickles, I need your mpex key to push you thestringpuller's options purchase
Bugpowder: Bowjob: I will probably sell all the way up
Bugpowder: very grateful that I was so lucky my initial timing of purchase
deadweasel: Bugpowder: that has always seemed like the best strategry, %5 or so at each top
Bowjob: there wont be a need to sell it to usd
Bugpowder: deadweasel: yeah, I view it in terms of what am I comfortable holding in my total portfolio
deadweasel: clear your investment and some profits, keep in lots of BTC
Chaang-Noi: iv this where i club in ral live id give all of you one of my fine cigars from coldhardmetal
deadweasel: so you can't lose at that point, if BTC goes to $10,000, you won't be too sad.
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06228867 = 0.1246 BTC [+]
deadweasel: if it goes to $.02 and stays, you won't be too sad
Bowjob: erik is gonna be a billionaire
Bowjob: you mean satoshi bless god
Bowjob: i spent like 10 btc on steam games
smickles: < deadweasel> so you can't lose at that point, if BTC goes to $10,000, you won't be too sad. << we've got to be near the top
deadweasel: Bugpowder, me too. Paid off debts, got some nice things, still have some btc!
smickles: deadweasel: the top of this rally
Bowjob: well, i held to my btcs.
Bowjob: so its win win win win
gribble: BTCUSD ticker | Best bid: 77.39001, Best ask: 77.84999, Bid-ask spread: 0.45998, Last trade: 77.39001, 24 hour volume: 67656.49824912, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 72.99384
TomServo: I'm indecisive as hell. And I'm sick of listening to my GF bitch that I didn't buy in a $2 when she told me to.
smickles: jeez, did ianblackwell ever sort out his short?
Bowjob: who got an avalon 3 pre order today
Chaang-Noi: i have so many steam games, i never use them lol
Bowjob: i used to trade tf2 items
Bowjob: seems that its out of stock
Chaang-Noi: if you were in kc id buy you suck a good bbq dinner
Luke-Jr: Chaang-Noi: does such a thing exist?
Bowjob: i made a deal with my friend, id sell him a BTC for $38 as long as he watches this anime
Bowjob: im regretting this shit now
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06235953 = 0.1247 BTC [+]
Chaang-Noi: id take you to golden koral best beef evar
Luke-Jr: there's Golden Corals everywhere
assbot: [HAVELOCK] [VTX] 16 @ 0.739 = 11.824 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.74485 = 2.2346 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.74489999 = 3.7245 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.755 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.78499 = 3.14 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.785 = 2.355 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.7854321 = 7.8543 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.789 = 7.89 BTC [+]
assbot: [HAVELOCK] [VTX] 26 @ 0.7891 = 20.5166 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.7894 = 3.947 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.78998 = 15.7996 BTC [+]
assbot: [HAVELOCK] [VTX] 15 @ 0.78999 = 11.8499 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.78999999 = 3.95 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.79 = 3.95 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.791 = 15.82 BTC [+]
assbot: [HAVELOCK] [VTX] 8 @ 0.798 = 6.384 BTC [+]
Bowjob: coulda flipped some VTX by now
Bowjob: remind me next time I read a prospectus
Bowjob: and decide they werent..
Bowjob: if the demand is high, it doesnt mean shit
assbot: [HAVELOCK] [VTX] 9 @ 0.798 = 7.182 BTC [+]
gribble: There are currently 4442.5939 bitcoins offered at or under 80.0 USD, worth 352404.14014 USD in total. | Data vintage: 0.0017 seconds
Bowjob: its just a matter of time
gribble: There are currently 2636.7019 bitcoins offered at or under 79.9 USD, worth 207956.462558 USD in total. | Data vintage: 49.5111 seconds
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06235953 = 0.1247 BTC [+]
Bowjob: someone sold an avalon for local pickup today
gribble: There are currently 4723.6273 bitcoins offered at or under 80.01 USD, worth 374591.701778 USD in total. | Data vintage: 0.0019 seconds
gribble: There are currently 4470.0773 bitcoins offered at or under 80.00001 USD, worth 354305.197778 USD in total. | Data vintage: 5.9075 seconds
Bowjob: i should get a fiat paying job
Bowjob: like 10.25 is the min wage here, that sucks tho
Chaang-Noi: if you hold btc 10 fiat seems like shit
assbot: [HAVELOCK] [VTX] 3 @ 0.799 = 2.397 BTC [+]
gribble: Error: "tickee" is not a valid command.
gribble: BTCUSD ticker | Best bid: 77.31000, Best ask: 77.49999, Bid-ask spread: 0.18999, Last trade: 77.31000, 24 hour volume: 67785.81682594, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.04756
Bowjob: i thought 10.25 was shit in the first place.
Bowjob: even before i bought btc
Bowjob: i live in vancouver remember. $100 meals arent uncommon here
jcpham: that's crazy because i just ate for free for three days
jcpham: i have a full time job and so does my wife
jcpham: and i do this bitcoiin thing
unbalanced: Bowjob do you trade BTC all day or are you a dev?
Bowjob: i just hold btc, waiting for an asic so i can be a miner
gribble: There are currently 4358.0447 bitcoins offered at or under 80.0 USD, worth 345629.399311 USD in total. | Data vintage: 55.4468 seconds
Bowjob: i have plenty of fiat still
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06323144 = 0.1265 BTC [+]
Bowjob: im gonna be looking for a job soon, not for money tho
Bowjob: to keep me from getting bored
Bowjob: i wanna work at a nursery, but they are still not hiring
jcpham: a few more years and i can retire
Bowjob: well.. if btc really gets mainstream
Bowjob: ill be bored as hell though, i've been thinking of opening a food cart.
Bowjob: i love downtown vancouver, the food is delicious
gribble: There are currently 4346.8642 bitcoins offered at or under 80.0 USD, worth 344766.935198 USD in total. | Data vintage: 0.0020 seconds
Bowjob: you get burberry, hermes and louis vuitton in one area
gribble: BTCUSD ticker | Best bid: 77.41001, Best ask: 77.60000, Bid-ask spread: 0.18999, Last trade: 77.60000, 24 hour volume: 67940.36996472, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.05935
smickles: burberry and hermes sound like bad things that happen to you anus
assbot: Have you got any tobacco?
gribble: BTCUSD ticker | Best bid: 77.31002, Best ask: 77.41000, Bid-ask spread: 0.09998, Last trade: 77.41000, 24 hour volume: 67943.37808993, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.06120
Bowjob: so suppose i work for 10.25 an hour
Bowjob: that is 0.13 BTC per hour
Bowjob: my asic would make more than me in a day LOL
gribble: There are currently 2331.6221 bitcoins demanded at or over 75.0 USD, worth 176991.637839 USD in total. | Data vintage: 0.0065 seconds
gribble: There are currently 7397.5795 bitcoins demanded at or over 70.0 USD, worth 539621.235992 USD in total. | Data vintage: 10.8616 seconds
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06342697 = 0.1269 BTC [+]
unbalanced: Bowjob: baby nursery or tree nursery? Food cart would be cool. You could have a bitcoin IPO, all the cool kids are doin' it.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01965 BTC [+]
Bowjob: all they do is take a shit
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.344 = 1.032 BTC [+]
Bowjob: i used to work at tree nursery, chill jo
smickles: they bitch whey you don't feed them too
unbalanced: Don't worry, when they grow up one of them willl be changing your diaper.
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.07780924 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06342697 BTC [+]
unbalanced: Which is eventually dust in the wind. Kansas had it right.
unbalanced: "Biiiitts in the wiiinddd... all we are is bits in the wind..." Oh all right, I'll shuttie.
assbot: [BTCTC] [SYNERGY] 2 @ 0.0099 = 0.0198 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009899 BTC [+]
unbalanced: VTX looks like a rocket today at .799 but it's so low-volume if you try to sell 20 you'll only get 0.65 each.
unbalanced: That's only up 0.02 from avg .63 for sell 20 last night.
unbalanced: I want some but it'll crash if one person sells out in a big way.
Chaang-Noi: ill sell 2.5% then, i dont need fiat for years
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06397253 BTC [+]
unbalanced: btw does assbot do the sell math on havelock?
gribble: BTCUSD ticker | Best bid: 77.30000, Best ask: 77.30001, Bid-ask spread: 0.00001, Last trade: 77.30000, 24 hour volume: 68474.97889488, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.20713
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
assbot: !last <exchange> <ticker> (desc: returns last price value, supported: MPEX, HAVELOCK, BTCTCO) {short: !l}
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !rules <nick/chan> (desc: chan guidelines) {short: !r}
assbot: !exchanges <nick/chan> (desc: lists exchanges and brokers) {short: !e}
gribble: There are currently 159.12113 bitcoins offered at or under 78.0 USD, worth 12377.2388344 USD in total. | Data vintage: 40.0909 seconds
gribble: There are currently 4092.5737 bitcoins offered at or under 80.0 USD, worth 325569.234681 USD in total. | Data vintage: 45.9052 seconds
gribble: Error: "aks" is not a valid command.
Bowjob: i can only find retail jobs
gribble: There are currently 25390.783 bitcoins offered at or under 100.0 USD, worth 2333443.08551 USD in total. | Data vintage: 72.5864 seconds
assbot: [MPEX] [S.MPOE] 4300 @ 0.00063739 = 2.7408 BTC [-]
Chaang-Noi: we have ath and killed the walls, im happy as fuck
assbot: [MPEX] [S.MPOE] 3504 @ 0.00063656 = 2.2305 BTC [-]
assbot: [MPEX] [S.MPOE] 3924 @ 0.00063583 = 2.495 BTC [-]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00063141 = 6.3141 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06397144 BTC [-]
gribble: There are currently 104.9359 bitcoins offered at or under 78.0 USD, worth 8173.67745538 USD in total. | Data vintage: 0.0013 seconds
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.344 BTC [+]
gribble: BTCUSD ticker | Best bid: 76.05001, Best ask: 76.50000, Bid-ask spread: 0.44999, Last trade: 76.50000, 24 hour volume: 69393.78917534, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.30885
assbot: [HAVELOCK] [VTX] 2 @ 0.797 = 1.594 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.797 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06397144 BTC [-]
gribble: BTCUSD ticker | Best bid: 75.75000, Best ask: 75.80187, Bid-ask spread: 0.05187, Last trade: 75.75000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
gribble: BTCUSD ticker | Best bid: 75.67405, Best ask: 75.70000, Bid-ask spread: 0.02595, Last trade: 75.70000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
gribble: BTCUSD ticker | Best bid: 74.76875, Best ask: 75.00000, Bid-ask spread: 0.23125, Last trade: 74.76875, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
ThickAsThieves: 12:43pm gox suggested bid = 76, lets see how long it freezes there,
gribble: BTCUSD ticker | Best bid: 74.20000, Best ask: 75.00000, Bid-ask spread: 0.80000, Last trade: 74.20000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
assbot: [BTCTC] [SYNERGY] 6 @ 0.0099 = 0.0594 BTC [+]
gribble: BTCUSD ticker | Best bid: 74.20000, Best ask: 75.00000, Bid-ask spread: 0.80000, Last trade: 74.20000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
ThickAsThieves: gos suggested price and last price still frozen after 5min
Bowjob: could this be a bull trap?
gribble: BTCUSD ticker | Best bid: 74.40240, Best ask: 74.76845, Bid-ask spread: 0.36605, Last trade: 74.76845, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
Bugpowder: thestringpuller: are you still here
gribble: BTCUSD ticker | Best bid: 74.36000, Best ask: 74.90000, Bid-ask spread: 0.54000, Last trade: 74.90000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
ThickAsThieves: the 76 suggested price came in an instant while trading was brisk at 77
Bowjob: come on bulls, beat the bears
gribble: There are currently 0 bitcoins offered at or under 75.0 USD, worth 0.0 USD in total. | Data vintage: 0.0016 seconds
gribble: There are currently 1020.0341 bitcoins offered at or under 76.0 USD, worth 77319.2920647 USD in total. | Data vintage: 7.9433 seconds
Bowjob: "A more complex password is required. This can be done in several ways, such as joining the words of a phrase together or combining the first letters of each word.
Bowjob: fuck u apple and ur password shit
Bowjob: bitch ass nigga... i cant make an easy password
gribble: BTCUSD ticker | Best bid: 75.80000, Best ask: 75.80187, Bid-ask spread: 0.00187, Last trade: 75.80187, 24 hour volume: 71695.91851673, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.39370
ThickAsThieves: i just looked at the clock saying i better get some work done today
Bugpowder: Oh jeeze. Compare this to BFL's factory pictures.
kakobrekla: yet you still need gloves to handle it
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.818995 = 2.457 BTC [+]
Garr255_Lappy: I remember him vaguely being two years older than me
Garr255_Lappy: not sure where that came from, but if I'm correct he's 19 :P
Chaang-Noi: these are the labs they paid to make their shit
gribble: BTCUSD ticker | Best bid: 75.50001, Best ask: 76.27129, Bid-ask spread: 0.77128, Last trade: 77.00000, 24 hour volume: 72307.04792886, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.42654
mircea_popescu: won't happen again one off thing i mean one off thing each country i mean monthly from now on
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.065682 BTC [+]
jurov: and still... certain people freaked out about notion to convert all fiat income into btc
jurov: and convert back only as necessary
jurov: amirite, tiberiusiv?
kakobrekla: well the problem that im seeing now is if banks close its harder to liquidate coins
jurov: it's not convenient but always possible
kakobrekla: its possible but you should have some buffer in cash
jurov: that's my irl experience, converting couple hundred btc eveny 2wk is absolutely not a problem
jurov: *coupe hundred euros i mean
jurov: ofc, i prefer to do it via bank anytime possible
jurov: but the point is doing by localbitcoins isn't so big hassle
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06595317 BTC [+]
deadweasel: course at that point aren't supposed to abide by the FinCen guidlines, you would be money transmitter..
jurov: haha, slovak financial office will wake up about it in next decade maybe
deadweasel: i'd have to re-read, I thought any amount into USD.
Bugpowder: I read it that if you keep sales to < $1000 day its ok
Bugpowder: but it seemed that there was some conflicting language
smickles: deadweasel: yeah, but not everyone is 'merican
deadweasel: so, 10BTC per day ;) I'll go re-read that.
smickles: not lucky smickles, lucky jurov
deadweasel: from what enlightened country do you hail from, jurov
deadweasel: well, I'm holding out for revolution, I won't leave yet.
deadweasel: Although I've never lived more than a few hours drive from either canada or mexico
deadweasel: anyway, i'll deal with being a money transmitter if I ever need to.
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 69.84225586 high: 71.09794195 low: 51.2906147 volume: 27746 btc: 6572.62564493 30 day: no data
gribble: BTCUSD ticker | Best bid: 76.60000, Best ask: 76.74999, Bid-ask spread: 0.14999, Last trade: 76.60000, 24 hour volume: 73428.60406774, 24 hour low: 69.20000, 24 hour high: 78.00000, 24 hour vwap: 73.54512
Bugpowder: mircea_popescu: I suspect we will see a rotation out of S.MPOE this month.
Bugpowder: if my intuition about MPOE performance is correct
Bugpowder: this BTC price is really tough for S.DICE to overcome though. But its good for MPOE
Bugpowder: yea. Approaching 400,000 contracts right?
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06621708 BTC [+]
mircea_popescu: it's getting to where im starting to smell the offers tbh.
mircea_popescu: mpex happens to be the PERFECT way for a bank to develop it's own in house btc-fiat trading system
mircea_popescu: one way to eat everyone's cake, seeing how coinbases of the world can't compete.
Bugpowder: propping the price with the ole buyout rumor...
gribble: BTCUSD ticker | Best bid: 76.00000, Best ask: 77.01000, Bid-ask spread: 1.01000, Last trade: 75.50000, 24 hour volume: 73639.35968273, 24 hour low: 69.25000, 24 hour high: 78.00000, 24 hour vwap: 73.57049
assbot: [HAVELOCK] [HIM] 1 @ 1.98 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.00312 BTC [+]
mpexbot: mircea_popescu: 0.109438180923 seconds
assbot: [BTCTC] [RSM] 1077 @ 0.00311 = 3.3495 BTC [-]
Bugpowder: couldn't even trigger the OH NOES cartoon on bitcoinity
assbot: [BTCTC] [RSM] 1 @ 0.00311 BTC [-]
Bugpowder: That selloff was from half the wall at 80 selling to market :)
deadweasel: so normal exchanges have high speed connections to hig profile brokerages. These things don't break like this. There is in opportunity to improve this.
gribble: There are currently 5535.7599 bitcoins offered at or under 80.0 USD, worth 438703.38709 USD in total. | Data vintage: 0.0019 seconds
gribble: There are currently 2614.6875 bitcoins demanded at or over 70.0 USD, worth 184818.944829 USD in total. | Data vintage: 10.4289 seconds
jurov: deadweasel yes there is something like that already ;)
deadweasel: the answer feels like it's going to be obvious........
smickles: deadweasel: bitfloor was doing that, but people lost confidence in it after a theft
deadweasel: mircea_popescu: is that what you are doing with the OIX?
deadweasel: well, no lag at mpex, 2 minutes at gox.
ThickAsThieves: must not be enough incentive for gox to fix the problem
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06622534 BTC [+]
deadweasel: O.BTCUSD.C750T -- if I bought one of those, what does that mean?
deadweasel: so if I bough that, I could buy BTC at 75$ up til friday?
Bugpowder: you could exercise it for (24vwap - $75) / 24vwap till midnight friday
smickles: right now, it's out of the money tho
Bugpowder: so the option is potentially underpriced
Bugpowder: depending if you believe 24hprc is going to go to the spot
smickles: in the money (if that's what you're asking)
gribble: BTCUSD ticker | Best bid: 75.95000, Best ask: 76.27129, Bid-ask spread: 0.32129, Last trade: 75.60270, 24 hour volume: 73639.35968273, 24 hour low: 69.25000, 24 hour high: 78.00000, 24 hour vwap: 73.57049
deadweasel: so lets say 24hrprc is $80... (80-75)/80 = .0625
assbot: [MPEX] [S.MPOE] 4314 @ 0.00062626 = 2.7017 BTC [-]
assbot: [MPEX] [S.MPOE] 1800 @ 0.0006289 = 1.132 BTC [+]
mpexbot: smickles: O.BTCUSD.C750T Bids: ['1 @ 0.06615541', '1000 @ 0.0398513']
mpexbot: smickles: Asks: ['1000 @ 0.06621656', '5 @ 0.0869', '9 @ 0.08826052']
Bugpowder: yah, you need 24vwap to hit 80.3 to make a profit from exercise
Bugpowder: though the MPOE bot always pays a time premium over the current 24hprc with its bids
deadweasel: ok, so you want your (24hvwap - 75) >= price of option?
Bugpowder: so exercise only makes sense if you have >>1000 contracts and want to dump fast, or the bot is down (last 24 hrs of the month).
Bugpowder: 24hprc.... volume weighted across all exchanges
assbot: [MPEX] [S.MPOE] 15600 @ 0.0006289 = 9.8108 BTC [+]
assbot: [HAVELOCK:VTX] 1D: 0.63210000 / 0.76199 / 0.79900000 (338 shares, 257.55262083 BTC), 7D: 0.38280000 / 0.41597608 / 0.79900000 (10987 shares, 4570.32919395 BTC), 30D: 0.38280000 / 0.41597608 / 0.79900000 (10987 shares, 4570.32919395 BTC)
mircea_popescu: jurov the way i figure it, either attacker is defeated and depressed or else we see a new blast in a week or two.
assbot: [HAVELOCK] [VTX] 1 @ 0.77 BTC [-]
smickles: ya know, i throw about 12 commands at mpex all at once
smickles: all the f-ing time. I can't be the only one
jborkl: holy shit transactions are slow to get into blocks today
kakobrekla: oh and i was just about to bug mp one of these days to add multi op
smickles: kakobrekla: i just use threadding in my code
kakobrekla: can i do a few CANCEL|N in several lines and signcrypt that?
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.2906147 / 69.84313456 / 71.09885312 (27748 shares, 6,572.76 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mircea_popescu: yeah, but it'd just need more code to decide if you've got lines or wtf.
gribble: BTCUSD ticker | Best bid: 74.20000, Best ask: 74.25000, Bid-ask spread: 0.05000, Last trade: 74.25000, 24 hour volume: 78120.01656022, 24 hour low: 69.51777, 24 hour high: 78.00000, 24 hour vwap: 73.67017
assbot: [HAVELOCK] [SDICE] 1 @ 0.49999999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5000001 BTC [+]
assbot: [MPEX] [S.MPOE] 9700 @ 0.00062546 = 6.067 BTC [-]
gribble: There are currently 36901808 bitcoins demanded at or over 0.0 USD, worth 6991511.75172 USD in total. | Data vintage: 0.0205 seconds
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.818995 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.344 BTC [+]
assbot: [BTCTC] [GOLD] 2 @ 0.202 = 0.404 BTC [-]
gribble: There are currently 6216.5875 bitcoins offered at or under 79.94 USD, worth 483397.146716 USD in total. | Data vintage: 0.0021 seconds
assbot: [BTCTC] [BTC-BOND] 31 @ 0.009821 = 0.3045 BTC [-]
assbot: [BTCTC] [BTC-BOND] 74 @ 0.00982 = 0.7267 BTC [-]
DeaDTerra1: We are up and running tournament at sc2bt.com, Join us for a couple of games of starcraft with BTC prize pool :D
gribble: Current Blocks: 227989 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1834 blocks | Next Difficulty In About: 1 week, 6 days, 2 hours, 24 minutes, and 0 seconds | Next Difficulty Estimate: 6675621.2732 | Estimated Percent Change: -0.30176
gribble: Next difficulty estimate | 6675621.2732 based on data since last change | 7300703.18663 based on data for last three days
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.332 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 6 @ 0.33002 = 1.9801 BTC [-]
assbot: [BTCTC] [BTC-BOND] 53 @ 0.009899 = 0.5246 BTC [+]
assbot: [BTCTC] [BTC-BOND] 64 @ 0.009899 = 0.6335 BTC [+]
assbot: [BTCTC] [BTC-BOND] 455 @ 0.0099 = 4.5045 BTC [+]
smickles: "the price can not go up by 400% in only 10 weeks, price cannot go exponential."
smickles: this guy has a keen grasp on reality
mircea_popescu: anyway, too much excitement for one day. catch y'all tomorrow
assbot: [HAVELOCK] [SDICE] 1 @ 0.4611 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4611 = 1.3833 BTC [-]
kakobrekla: was trying to avoid that supa guy but eh i guess it was inevitable
smickles: what did you do to piss off supadupajenkins?
kakobrekla: dunno he gets banned all the time everywhere
kakobrekla: perhaps i did it a couple of times too
assbot: [HAVELOCK] [SDICE] 3 @ 0.461 = 1.383 BTC [-]
smickles: lol, looking at his -10 list, it's like a who's who of -otc
[\\\]: he started with the highest rated people
Bowjob: personally i dont like lending btc out, unless its absolutely certain ill get it back
jcpham: if i had "borrowed" 10k btc a year ago i'd be *poof* right about now
MJR_: lol, I prefer lending it when I don't know what will happen...
jcpham: pretty difficult to repay that
jcpham: need a real good business plan if you spent it
assbot: [HAVELOCK] [SDICE] 1 @ 0.5 BTC [+]
jcpham: if you converted it to fiat you are fucked
mircea_popescu: i didn't. teh original mpoe bonds got like 9500 or so btc
jcpham: good chance of digging out of the hole by staying in btc
Bowjob: he earns in BTC, but its idk.
jcpham: anything you could have bought over the last year, other than btc, you lot money on technically
jcpham: so it's a hard loan to me financially
mircea_popescu: there was a guy on the forum servicing a long term btc loan
jcpham: loans are like gift. the blockchain is god.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7832 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7831 = 1.5662 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7821 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.778 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.77727 = 4.6636 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 13 @ 0.77726 = 10.1044 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.77725 = 3.109 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77721 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.777 = 1.554 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.769 = 2.307 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.762 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 32 @ 0.761105 = 24.3554 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.761101 = 3.8055 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.760002 = 3.8 BTC [-]
Bugpowder_: how people keep getting BTC given to them as loans is utterly mystifying to me.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
ThickAsThieves: probly just someone who moved from friedcat to btct to sell
assbot: [BTCT:ASICMINER-PT] 1D: 0.78 / 0.79829 / 0.829 (209 shares, 166.8 BTC), 7D: 0.761102 / 0.83118 / 0.93 (1541 shares, 1280.8 BTC), 30D: 0.65 / 0.77396 / 1 (4449 shares, 3443.3 BTC)
Bugpowder_: well, the market is uhhh.... a little -thin- below 0.75
mircea_popescu: ThickAsThieves the girl's early estimate was .75 to 1.5
mircea_popescu: then people were rooting for "oh, we'll reach 1 anyway"
Bowjob: if asicminer reaches 1 btc..
Bowjob: that means they expect asicminer to make at least 400k BTC
dub: there is no depth its hardly representative of value
Bugpowder_: mircea_popescu: the girl's estimates were .075 to 0.15 no?
gribble: BTCUSD ticker | Best bid: 75.30000, Best ask: 75.37700, Bid-ask spread: 0.07700, Last trade: 75.55000, 24 hour volume: 80678.53152168, 24 hour low: 69.80000, 24 hour high: 78.00000, 24 hour vwap: 74.58758
mircea_popescu: All these things considered it is perhaps not unreasonable to judge ASICMiner revenue generation ability in the 5 to 15k BTC a month range. If this is in fact correct it's also not unreasonable to judge ASICMiner's market cap roughly equal or a little under that of Satoshi Dice, in which case the 400,000 share company would be worth on MPEx somewhere between 3 and 600k BTC, or between .75 and 1.5 BTC per share, making
mircea_popescu: Bitfountain the third multi-million dollar Bitcoin public corp in Bitcoin history.
mircea_popescu: It's unclear how much risk discount investors would be wanting to apply to that valuation, and it's also unclear how much discount will willy-nilly end up being applied in the event ASICMiner actually foregoes liquidity and lists on some marginal venue. But in any case things look pretty bright at the moment, so well done!
dub: 50 shares moving doesn't mean shit
dub: did you see the latest taaki video?
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.343 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.344 = 1.376 BTC [+]
dub: we need to identify that building and burn it down with those two inside
Bugpowder_: What would be the appropriate subform to post an add to borrow asicminer shares?
Bugpowder_: but the valuation is looking pretty frothy
gribble: Next difficulty estimate | 6880830.90136 based on data since last change | 7242616.81723 based on data for last three days
assbot: [HAVELOCK] [SDICE] 2 @ 0.5 = 1 BTC [+]
assbot: [HAVELOCK] [SDICE] 21 @ 0.5 = 10.5 BTC [+]
Chaang-Noi: mp one sell off on a thin market, still the only real asic company out there
assbot: [HAVELOCK] [SDICE] 2 @ 0.5 = 1 BTC [+]
Bugpowder_: ah, that thread was the one I was thinking of for the girl's estimates
Chaang-Noi: dividends wont end anytime soon, not sure what the value really should be at but im not selling mine:)
assbot: [HAVELOCK:VTX] 1D: 0.50000000 / 0.72040307 / 0.79900000 (418 shares, 301.12848142 BTC), 7D: 0.38280000 / 0.41873282 / 0.79900000 (11129 shares, 4660.07750417 BTC), 30D: 0.38280000 / 0.41873282 / 0.79900000 (11129 shares, 4660.07750417 BTC)
Chaang-Noi: yeah im not selling more, i had to get some cash
mircea_popescu: 2x asicminer volume yest. why is that ? is cavirtex a larger corp than asicminer ?
Bowjob: canadians love their companies
Chaang-Noi: you cant see asicminer trade volume mp, only one of two pt
assbot: [HAVELOCK:SDICE] 1D: 0.45000000 / 0.48185851 / 0.52000000 (265 shares, 127.69250459 BTC), 7D: 0.40000000 / 0.48015951 / 0.53000000 (1375 shares, 660.21932648 BTC), 30D: 0.37000000 / 0.54970142 / 0.69400000 (5906 shares, 3246.53658408 BTC)
mircea_popescu: the fact that i can't see it speaks against it not excusing it.
Bowjob: i couldnt understand the vtx pump either, i missed it
topace: and 0 dividend announced for vtx
Chaang-Noi: why are you talking about the trade volume if it is a nonargumnt? im just saying you cant see the real trade volume, that is a fact :/
topace: Bowjob: not in the immediate future
Chaang-Noi: mircea_popescu> 2x asicminer volume yest. why is that ? is cavirtex a larger corp than asicminer ? i was answering this question
Bowjob: i was wrong about vtx, i didnt see any dividends, i didnt think it was gonna get funded
mircea_popescu: Chaang-Noi the trade volume IS the controlling argument.
dub: dude people bet on pirate for how long after he split?
mircea_popescu: the fact that asicminer fucked up their ipo is NOT an excuse for them
Bowjob: i learned though, if i see huge volume..
topace: yea VTX sold out in ~12 hours.. WITHOUT any pre-announcement of when teh IPO was happening
Chaang-Noi: but you dont even know what the vo;lume is, but i still disagree, some private companies are worth more than highly traded ones
topace: and the owner (joseph) didnt even email his user base to tell them about it either
assbot: [BTCT:ASICMINER-PT] 1D: 0.75 / 0.78997 / 0.829 (288 shares, 227.5 BTC), 7D: 0.75 / 0.82809 / 0.93 (1620 shares, 1341.5 BTC), 30D: 0.65 / 0.77385 / 1 (4528 shares, 3504 BTC)
Bowjob: it was on the website on cavirtex.. i remember
Bowjob: that they will announce an ipo soon
Chaang-Noi: pt is pass though, it is not real stock
mircea_popescu: people who think they're smarter are much akin to the street prophets in ny.
topace: Bowjob: yea it was announced on the website, but if you werent on teh website when it happened you wouldnt even have known
topace: i was baffled why he didnt want to announce it at least a few days ahead of time
Chaang-Noi: you show me one volume of one pt and say it means something about the company? im not the only one who would think that is silly
topace: give people time to prep and move funds to havelock
dub: sounds like an evoorhees move
mircea_popescu: Chaang-Noi you may not be the only one that thinks that's silly, but that's quite irrelevant.
Bowjob: mp, what happened to the avalon bet
Bowjob: i dont see it on bitbet
assbot: [MPEX] [S.DICE] 300 @ 0.00449999 = 1.35 BTC [-]
Bowjob: yeah it should be closed
Chaang-Noi: i think your just jelly it is not on your exchange and you did not invest with them:)
Bowjob: but i dont see it anywgere
topace: hehe yea, i didnt do _anything_ all we did was put the banner on the www.cavirtex.com website and a news article on havelock website
topace: thats all it needed apparently
mircea_popescu: Chaang-Noi ya dude, totally. the fact that they failed to meet spec is something that makes me jelly.
mircea_popescu: the fact that they've cost their investors 100k btc or so makes me jelly.
ThickAsThieves: maybe YOU didnt do this, but the asset also had a nice prospectus, and a video
topace: ThickAsThieves: yea, we delayed it 3 times due to prospectus re-writes
Bowjob: so topace how are investors gonna get paid
mircea_popescu: read the forum threads linked above, i won't bother rehashing it.
Bowjob: i didnt see any dividends back
topace: im sure there'll be dividends eventually
Bowjob: I'm interested on the leveraged trading,
Chaang-Noi: cant back up crazy claim, says not trollin, lol
topace: they just havent been announced yet
Bowjob: i can lend some btc there, have 12% guaranteed
Bowjob: if you watched the video.. he mentioned the leverage as part of cavirtex
dub: all I see is sour grapes tbh
ThickAsThieves: regarding asicminer, its still a very small amount of shares even being traded
Bowjob: so i assume he's gonna need osme btc
mircea_popescu: and in general, when you're sent to do reading it's because you're sprouting nonsense.
Bowjob: and its guaranteed since i think they'll make people put up collateral
assbot: [BTCTC] [B.YABMC] 1 @ 0.01965 BTC [+]
topace: Bowjob: yes, the leveraged trading will happen on virtex, using the short fund on havelock as collateral
dub: as ThickAsThieves is saying there is no market for AM beyond a couple of pissant PTs and some forum auctions
Chaang-Noi: you wanted me to read inauncall your girl names?
mircea_popescu: yes dude, you are. that's what fucking up is. missing body parts.
assbot: [HAVELOCK] [VTX] 8 @ 0.75449999 = 6.036 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.7545 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.755 = 3.775 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.75999996 = 2.28 BTC [+]
assbot: [HAVELOCK] [VTX] 19 @ 0.75999998 = 14.44 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.76 = 2.28 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.765 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.76 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.68 = 1.36 BTC [-]
Bowjob: imo best investments as a growth stock..
Bowjob: asicminer. and HIM at havelock
topace: mircea_popescu: my mining fund
Bowjob: same as asicminer, tho smaller
assbot: [MPEX] [S.MPOE] 8273 @ 0.00064056 = 5.2994 BTC [-]
Bowjob: the only thing that bothers me is that you took bfl pre orders
topace: mircea_popescu: yea, until fucking BFL delivers
mircea_popescu: topace those do poorly historically. what's it got, fpga ?
topace: yea about 22GH atm, all FPGA
topace: since like, last summer
topace: but we only pay out ~50% as dividends, with extra being reinvested
Bowjob: did you order any avalons
topace: so its not like lame gigaminer where you're buying a certian mh/s
topace: your share is always your percent share of the total
Bowjob: yeah thats a pretty good fund, i like it... but. dat bfl
Bowjob: they are pretty silent over there, josh is just going insulting people on the forums
topace: we were even outdoiing network increases and raising dividends
topace: due to the reinvestment in new fpga's
topace: until a few months ago
topace: when all the ASIC shit hit the fan
topace: but... we also have 1.8Th on pre-order, and most of which will be paid for with re-invested earnings (so no need to issue new units to buy the units up front)
topace: thanks to the btc appreciation
topace: what we had saved to buy asics to cover 4-6 units, now will cover pretty much all 30 units we have on preorder
topace: dating back to the first week of pre-orders
Bowjob: how much was the 1.5 minirig
topace: yea, starting to really bother me too.. however -- its not paid for with HIM funds
mircea_popescu: so basically you hold the early option to 1.8th of bfl
topace: its all paid for with my personal funds
topace: when they are sitting on my desk, HIM buys them from ME
topace: hehe, worked well for the fpga's
mircea_popescu: next thing out of my mouth was "so are you lending stock ?" but averted.
Bowjob: 31 BTC says not until july at least
Bowjob: mhm, maybe its a good idea to make my own mini farm starting with 1 avalon
Chaang-Noi: i think im going to lose my bet thinking bfl would ship this month, lol
Bowjob: i'll drive my parents nuts
mircea_popescu: "The other factor, of course, is that Bitcoin can't be manipulated as easily as gold and silver obviously are. "
Bowjob: the first buyers were better off holding btc
gribble: BTCUSD ticker | Best bid: 75.60501, Best ask: 75.69800, Bid-ask spread: 0.09299, Last trade: 75.60500, 24 hour volume: 80478.52504177, 24 hour low: 69.80000, 24 hour high: 78.00000, 24 hour vwap: 74.59924
Bowjob: i wonder if there's gonna be a bet before may 1st avalon
Bowjob: or we just go straight to july
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.19996944 = 199.9694 BTC [+]
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.22859638 = 228.5964 BTC [+]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.17290381 = 172.9038 BTC
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.12457025 = 124.5703 BTC
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.14768862 = 147.6886 BTC
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.10373103 = 103.731 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.06926151 = 69.2615 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.08527783 = 85.2778 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 48.45538965 / 66.4177076 / 76.84005554 (33537 shares, 2,737.95 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
tiberiusiv: mp: are you under the assumption options tend to predict the future?
ThickAsThieves: sentiment can become self-fulfilling, like chart-reading
assbot: [HAVELOCK] [VTX] 1 @ 0.75999999 BTC [-]
tiberiusiv: mircea_popescu: i think mpex shares declined due to missing out on the cavirtex ipo
mircea_popescu: what, thre's some golden rule that all ipos must happen on mpex or something ?
tiberiusiv: cavirtex may have been the most successful ipo to date?
tiberiusiv: i dont even think sdice sold out that fast
tiberiusiv: mircea: well, it would have been nice that the higher quality issuances use mpex
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.22856513 = 228.5651 BTC [-]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.17285328 = 172.8533 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.1476286 = 147.6286 BTC [-]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.10365616 = 103.6562 BTC [-]
mircea_popescu: you were just born last night so you think this morning is "the best morning to date".
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.08519875 = 85.1988 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.06918073 = 69.1807 BTC [-]
mircea_popescu: for the record, bitbet is a tiny corp and collected something like that.
tiberiusiv: how when most of the shares are still for sale
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.69 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.681 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.68 = 1.36 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.68 = 2.04 BTC [-]
ThickAsThieves: what is your point tib? that mpex must bow to havelock?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.67 = 1.34 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.66 = 2.64 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.6591 = 5.2728 BTC [-]
tiberiusiv: thickasthieves: no it was just interesting to see the stock price react
mircea_popescu: yeah, well, prices vary a lot more than that for a lot less reason.
Bowjob: 400 worth of btc was it
Bowjob: yeah so around 4k btc worth... at the time?
Bowjob: i remember the fiat value was about 80k usd
tiberiusiv: so what exactly is asicminer? avalons equipment
Bowjob: it was equally painful and pleasurable for the parties
tiberiusiv: or were they using asicminer shares to finance avalon orders lol
Bowjob: involved in the 0.008 transaction
Bowjob: well i asume its painful for just 1 party lol
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [+]
tiberiusiv: i think over the longrun you will be better off just owning btc outright then btc companies
tiberiusiv: theres also been countless gold transfer firms that have busted too
tiberiusiv: btc companies work for short time periods before competition becomes intense
mircea_popescu: listen, you have this broken approach to learning whereby you make definitive statements that are both wrong and uninformed
mircea_popescu: with the expectation someone will argue you into sense.
tiberiusiv: really they are wrong? like mtgox losing market share for 2 years?
assbot: [MPEX] [O.BTCUSD.C710T] 5 @ 0.119 = 0.595 BTC [+]
mircea_popescu: this isn't a school setting and you're certainly not the clever kid in the class or anything.
tiberiusiv: and mpex having no listings outside of sdice
mircea_popescu: and you can't manipulate me into it either, simply because of the size differential.
tiberiusiv: you can make all the statements you want mp, facts speak for themselves and mpex has 1 firm on it that is not related to mpex.
tiberiusiv: mpex's only "edge" so far is its dominance of option trading
assbot: [MPEX] [O.BTCUSD.C730T] 8 @ 0.0981512 = 0.7852 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 10 @ 0.10153501 = 1.0154 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 600 @ 0.086 = 51.6 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 10 @ 0.09959 = 0.9959 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.0869 = 0.4345 BTC [-]
ThickAsThieves: My first day trading options on MPEX and I'm up 22.5%, heyo!
assbot: [BTCTC] [BASIC-MINING] 14 @ 0.344 = 4.816 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 600 @ 0.06917259 = 41.5036 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 6 @ 0.34999 = 2.0999 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 400 @ 0.06917259 = 27.669 BTC [-]
gribble: BTCUSD ticker | Best bid: 75.00002, Best ask: 75.51612, Bid-ask spread: 0.51610, Last trade: 75.51612, 24 hour volume: 80957.53550534, 24 hour low: 70.78624, 24 hour high: 78.00000, 24 hour vwap: 74.64243
gribble: There are currently 10614.009 bitcoins demanded at or over 70.0 USD, worth 759660.325336 USD in total. | Data vintage: 0.0074 seconds
gribble: There are currently 9697.4468 bitcoins offered at or under 80.0 USD, worth 761706.200795 USD in total. | Data vintage: 3.0644 seconds
Namworld: I could see us reaching 100... or at least hitting against the resistance there.
Namworld: Just reaching 100 would be fun
Namworld: I got puts at 31 from the beggining of the month >.>
Bowjob: eh, im in this for the long haul, let the bears have their fun
Namworld: I could sell them into the 2 satoshi bids...
Bowjob: in the form of flash crashes
Bowjob: honestly, i have no clue about crashes.. im sure no one really knows for sure
assbot: [BTCTC] [S.DICE-PT] 90 @ 0.00492 = 0.4428 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.69 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]
Bowjob: well if btc crashes to 31, ian will turn legit
Namworld: Let the price flash crash to 0.01 USD per BTC (MtGox hax #2)
pigeons: people are paying a lot of money for virtex
gribble: There are currently 36697360 bitcoins demanded at or over 0.0 USD, worth 8718811.60498 USD in total. | Data vintage: 0.0179 seconds
assbot: [HAVELOCK:VTX] 1D: 0.50000000 / 0.72102007 / 0.79900000 (428 shares, 308.59659097 BTC), 7D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC), 30D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC)
Namworld: pigeons, remember that most stuff on Havelock go to 10% or under per year
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
Namworld: well there's only 2 cases other than SDICE... not really representative...
Namworld: but people pay a good price/income on there
pigeons: i mean people are paying a lot of money for mpoe
Namworld: but assuming a minimum of 1k BTC traded daily and average of 2% fees.
Namworld: That's 20 BTC daily or 0.0002 per share
Namworld: if that's 10% per year, than price should be at least 0.73
tiberiusiv: pigeons: virtex is real canadian shares though
pigeons: we've seen what that's worth
Bowjob: why litecoin will beat bitcoin
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.22859638 = 228.5964 BTC [+]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.17282361 = 172.8236 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.14756634 = 147.5663 BTC [-]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.10353607 = 103.5361 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.08505736 = 85.0574 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.06902428 = 69.0243 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.08 = 80 BTC [+]
pigeons: wait they charge 2% on the btc side of the trade?
pigeons: Ukto: you need to get some of that market
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.12440874 = 124.4087 BTC [-]
pigeons: i had a guy tell me yesterday he wanted to deposit cad with weex but was afraid since the market was so thin, he'd have to pay the 4.50$ withdraw fee
tiberiusiv: cavirtex fees will be down alot by the end of the year
tiberiusiv: so far cavirtex is the fastest withdraw/deposit exchange available
tiberiusiv: under 2hrs to fund in canada, and same day withdrawls
tiberiusiv: only downside is its mostly catering to canadians at this point
tiberiusiv: can i fund bitcoin-central in 20,000 locations?
tiberiusiv: without having to deal with charlie shrem and bitinstant
toffoo: mircea_popescu: have you gotten any further along in trying to short asicminer?
mircea_popescu: they're what cavirtex aspires to be. banking partners and all.
mircea_popescu: toffoo only in the sense bugpowder is now also looking for shares.
tiberiusiv: mircea: how deep is bitcoin-central order book
toffoo: if you could borrow them, how/where would you sell them?
toffoo: the liquidity on the two passthroughs is low (especially on the bid side)
ChaangNoi: asicminer is not listed on an exchange, it is not publicly traded, the stuff on the exchanges are just pt's sorta
mircea_popescu: toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments.
assbot: [MPEX] [S.MPOE] 5450 @ 0.00064056 = 3.4911 BTC [-]
ChaangNoi: most of the volume of asic miner is traded otc on the forum
toffoo: has anyone made you a real offer to loan them? INAU?
mircea_popescu: toffoo he made a fool of himself, as in, went all tough into offering them but then failed to actually go through.
toffoo: how many are you thinking of shorting? (roughly)
ChaangNoi: i thought about it, but i did not think the pay off of 1% or so was worth the risk of putting them on an exchange
toffoo: I was thinking about it too (loaning them)
toffoo: but at first glance it didn't seem like a very good idea ...
toffoo: but i thought about it a little deeper today,
ChaangNoi: have you seen the bids on the PT's ? not many, also when it is time to buy back, you might not has the asks... this might not be a good thing to short (if you do a pt)
mircea_popescu: well as a rule of thumb, if loaning them isn't a good idea selling them usually is a good idea.
toffoo: and maybe came up with an idea that makes more sense (for both parties)
mircea_popescu: toffoo a good starting point would be the old short contract i made for public use
toffoo: it was the cp risk considerations that I didn't like
toffoo: lemme take a look at that ...
Bowjob: still deciding if this guy can be trusted or not
Bowjob: he seems to want an avalon 3
ChaangNoi: loaning btc is just asking for it to be gone...
tiberiusiv: 0.5btc says he spends his borrowed funds on sdice
toffoo: mircea_popescu: so did that trade actually happen?
Bowjob: yes yes of course. he's an uknown..
toffoo: so you didn't sell the shares you borrowed?
toffoo: so you covered a long time ago?
mircea_popescu: "And that the Lendee shall cause the shares be returned to the Lender on December
mircea_popescu: the 19th, 2012, or at his preference pay their value calculated as the average
mircea_popescu: price during the past five days, except if ASICMINER should have become disconti
mircea_popescu: nued or are no longer traded in which case a token payment of 1 BTC shall be suf
tiberiusiv: thickasthieves: his bot will just fill it up.
ChaangNoi: well asicminer is still traded just otc and not on an exchange.
Namworld: Yeah. I got a whole BTC to show for that contract >.>
mircea_popescu: yeah but as i said above, "<mircea_popescu> toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments."
Namworld: I just really wasn't expecting GLBSE to go down.
ChaangNoi: however it would be hard to find an average price
mircea_popescu: there's no practical way to do stuff like shorting unless there's functioning markets.
mircea_popescu: which is why stupid shit like what friedcat is pulling is at best harmful
ChaangNoi: that is why i think it is very hard to short this stock
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.69 = 1.38 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]
ChaangNoi: i dont think he is scamming, he just does not want a second glbse fail, this is him making sure he wont lose money again
ChaangNoi: it is susspected nefario took some of the shares and claimed them as his own,
mircea_popescu: honestly i think he failed to uinderstand that operations is just piece of the pie, not the whole pie
mircea_popescu: had some "helpers" of the typical sort doing an exchange
mircea_popescu: and got himself stuck and with no time to handle things.
ChaangNoi: his goal was to get the money to make the stuff, he has it, he could care less about the share price as he will no longer sell shares
ChaangNoi: he and many of us, are in it for the dividends, not share price
mircea_popescu: when you run a public company you owe your shareholders some basic stuff.
ChaangNoi: he wont sell shares if the price is .001 or 20 btc he does not need an exchange
mircea_popescu: the time/effort he put into handmanaging email transfers by now is an eyesore in his books
ChaangNoi: he is letting us trade the shares, he is letting us do PTs
ChaangNoi: the time he spends on that is better than a second glbse fail
ChaangNoi: he lots a lot of btc and a lot of people lots shares
mircea_popescu: it just means something about his financial competence.
ChaangNoi: he thinks at this time there is not a safe exchange to list at
toffoo: actually asicminer was way ahead of the game in predicting glbse's demise ...
mircea_popescu: no, he just thinks he doesn't have a clue about such matters.
ChaangNoi: i have no problem with the way he is doing things honestly
mircea_popescu: anyway, at about the same time asicminer got started i wanted to list mpoe.
mircea_popescu: it was obvious to me glbse is going to shit, and so i saw myself forced to make an exchang
ChaangNoi: he is not in the business of making an exchange, his skills is making asics, or if he can do both, the better money for his time is asics
mircea_popescu: this is not predicting anything, keeping 1k+ in cash on global scam exchange.
mircea_popescu: ChaangNoi this fails to explain why he said he was making one.
ChaangNoi: glbse was going down hill, nefario was a nutter
mircea_popescu: ChaangNoi bitch, quit it. you were his main supporter back in september when i was the only one saying this
ChaangNoi: mp he might have started to make one, but found it not safe or that he was too busy making asics to finish
mircea_popescu: no. he promised an exchange, he failed to deliver it, never mentioned it again
ChaangNoi: lol yeah nefario and i have always been close
mircea_popescu: stop trying to alter history on me, i won't let it pass.
ChaangNoi: lol you forget when he tried to kick me before?
mircea_popescu: what the fuck do you think, my memory is three months long like the forums ?
toffoo: i'd say the forum is < 1 week
ChaangNoi: i called nefario a scammer before he kicked me, and 6 months before that i would not give him my id cuz i said he could not be trusted and his site was not safe.. the forum posts are still there
ChaangNoi: he said he was going to kick me but never did, he backed down
assbot: [HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]
tiberiusiv: how convenient they register in delaware
ChaangNoi: i would say it is not exactly like glbse and theymos unless there is stuff going on i dont know about
mircea_popescu: and for speed and cheapness and really... that's what delaware does
mircea_popescu: "Looking to borrow 600 BTC @ 3.5% weekly ianbakewell" << heh
toffoo: nevada is pretty good too (for registering, not potatoes)
pigeons: i wonder if bakewell is the guy's rea; name
ChaangNoi: ianbakewell is still around? and asking for money? oh lol
Namworld: I pay 0.21% weekly and I find that a lot.
ChaangNoi: lots of scammers used their real name
pigeons: i asked cause its humorous. i know its bad form to make fun of a fellow's name
pigeons: mernie madoff is funny one too
Bowjob: the moment of truth for ian is 29th of march
Bowjob: thats his 1st cheduled payment
tiberiusiv: he can only make it if the btc price is down
Bowjob: and it says on his sig, short btc at 34.50
pigeons: when does he have to rebuy his S.DICE shares too? you know he hasn't done that yet
Bowjob: that hurts like a bitch
Bowjob: TF is on the receiving end of that share short
Bowjob: he did well at shorting s.dice
gribble: BTCUSD ticker | Best bid: 74.66999, Best ask: 74.67000, Bid-ask spread: 0.00001, Last trade: 74.67000, 24 hour volume: 81024.62335997, 24 hour low: 71.25319, 24 hour high: 78.00000, 24 hour vwap: 74.68722
mircea_popescu: did he even say what his s.dice short cost basis was ?
Bowjob: cuz fuck the extra zeros
tiberiusiv: sdice is too dangerous to short because voorhees has 90% of them and can always manipulate earnings
tiberiusiv: voorhees can simply use his buying power to bully short sellers into massive losses
pigeons: well he's trying to have less than 90%, he's working on it
Bowjob: tiber, more conspiracy theories please
tiberiusiv: pigeons: hell have to fake more playing
mircea_popescu: tiberiusiv that's really a discredited argument you know.
pigeons: tiberiusiv: that's an unproven allegation that we've all been over. we're all interested only if you have some proof
tiberiusiv: if it was, voorhees wouldnt still have 90% of shares.
mircea_popescu: think for a moment. if he has 90% of the shares or if he has 500k BTC it's all the same.
tiberiusiv: the proof is that more people arent willing to buy shares
mircea_popescu: that's not how proof works, that's how circular arguments work.
tiberiusiv: mp: id expect you to defend him since your own operations are beyond shady as well.
mircea_popescu: you know there's a long history of hotheads with nothing to show just like yourself tried that entire approach.
tiberiusiv: mpex is what 95% owned by you? theres no way to tell how many of your "options" trades are real
tiberiusiv: you only need to get rid of 10-20% shares at inflated valuations to pocket millions
toffoo: that's bill gates and warren buffet of btc right there
mircea_popescu: stop running around the field. the point of discussion here is that the holding % makes no difference.
mircea_popescu: it's immaterial if this wealth is in shares or btc or anything.
tiberiusiv: yea and you have proceeds from the existing share sales
mircea_popescu: right. so basically your argument reduces to "we can't short bcause we don't control the money supply"
mircea_popescu: however, needing this argument shows your shorts are a power play, not a market play.
mircea_popescu: and it is all as it should be : you aren't the ones in power for a very good reason.
mircea_popescu: that you're new, or clueless, or haven't done anything worth the mention.
tiberiusiv: fact is this, sdice has been around about 1 year now and is so "profitable" yet voorhees cant sell more shares.
mircea_popescu: power always concentrates in the hand of the elders, and the productive, and the smart.
tiberiusiv: same with mpex and its 30mil of notional contracts
tiberiusiv: however a verified business like cavirtex sells out in a few hours.
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.74 = 2.22 BTC [+]
mircea_popescu: fiction is one thing, but you're veering into delusion.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [+]
assbot: [MPEX:S.MPOE] 1D: 0.00062546 / 0.000641 / 0.00066783 (305707 shares, 195.96 BTC), 7D: 0.00062546 / 0.00069767 / 0.00077505 (2232450 shares, 1,557.51 BTC), 30D: 0.00061614 / 0.00072244 / 0.00078628 (31470843 shares, 22,735.98 BTC)
assbot: [HAVELOCK:VTX] 1D: 0.50000000 / 0.71964458 / 0.79900000 (408 shares, 293.61499054 BTC), 7D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC), 30D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC)
tiberiusiv: mircea: i am? you only need to dump 10-20% of your grossly overvalued shares to pocket millions
mircea_popescu: except i'm not doing it, because they're not overvalued.
tiberiusiv: virtex does a small % of volume compared to what you claim you do
mircea_popescu: i wouldn't sell my state in s.mpoe for 50mn usd in cash today.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65508 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6432 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.63 BTC [-]
mircea_popescu: if anything, i'm oversold. s.mpoe is on the long term worth more than jpm.
tiberiusiv: mp: yes the typical sociopathic quotes.
tiberiusiv: mp: and you being in one of the largest fraud centers of the world doesn't help your case either.
tiberiusiv: mp: 10-20% of your shares get sold you pocket millions, on a business where nobody can verify actual activity on.
ChaangNoi: lol cuz he is in romania must be scam? facepalm
ChaangNoi: im in thailand, i must be a lady boy right? lol
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.61 = 2.44 BTC [-]
mircea_popescu: which is all the better, let the wannabe "verificators" mind their own business.
assbot: [HAVELOCK] [VTX] 1 @ 0.66 BTC [-]
tiberiusiv: chaangnoi: thats why nby credible wants to list on his exchange, romania is internet fraud capital.
mircea_popescu: and to be clear : tyhis isn't a "case" im making. this is a political statement.
mircea_popescu: bitcoin is exactly about raping the sort of bs you're sprouting.
tiberiusiv: customers dont want to hear political statements.
mircea_popescu: i don't need to persuade you that btc is worth something, or that mpoe is worth someting.
ChaangNoi: lol there are reasons not to use his excahnge, being in romaina is not one of them
mircea_popescu: i'll justg mind my own business indefinitely and you come crawling whenever you're done lubing yourself up.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.63 BTC [+]
tiberiusiv: mircea: of course you will, you have no problem taking the slow and steady approach of selling worthless shares over a longer time period.
mircea_popescu: but the fact alone that the "mpoe is worthless" argument reduces to a "btc is worthless" defeated argument from 2011
tiberiusiv: nobody knows how much of your supposed tens of millions in options is fake.
mircea_popescu: your argument cvhanged from "i can't verify the identity of users"
tiberiusiv: nobody on here can verify ANY of the trades/volume mpex does.
mircea_popescu: nobody knows how much of your supposed tens of millions in options is fake. <<< IDENTITY OF USERS
tiberiusiv: hence why you still own 90% of the company
mircea_popescu: the only reason i own 88% of mpoe is tghat i didn't sell more.
mircea_popescu: if one day you actually read the statements you'll see it;'s been going down since 99.5% last year.
mircea_popescu: there's clear statements made as to plans, they've been followed, etc.
tiberiusiv: why wouldnt it be? you need suckers to pay the $
ChaangNoi: tiberiusiv sounds like you are jelly :/
ChaangNoi: if you dont like the stock dont buy it, how is that hard?
mircea_popescu: actually one of the main likely reasons mpoe is worth a lot is exactly that : btc has inflation
mircea_popescu: so mpoe is becoming / became already the t-bills of btc.
tiberiusiv: the 88% of shares that havent been dumped yet
Namworld: that they are or not doesn't change the dividend per share...
mircea_popescu: if indeed they are worthless then yes they are in the market, burning a hole in my pockets.
tiberiusiv: you cant sell them becuase there is no bids yet, once you inflate the mpex earnings through faking nearly everything mpex related, bids(gullible idiots) will show up to pay you
ChaangNoi: lol there are not 10 million bids for btc right now either, lol
mircea_popescu: just as soon as your corp reaches 50mn dollars valuation there's people with nothing in their pocket telling you how your capitalist way are scamming the world
tiberiusiv: then a stock exchange listing worthless shares
mircea_popescu: the emperor tiberius has accepted btc, but not mpoe, so this makes them different
ChaangNoi: dont buy the stock if you dont like it, clearly someone lkes it
tiberiusiv: theres a gullible idiot born every minute
tiberiusiv: he only needs to dump a small % to get filthy rich
tiberiusiv: and in romania, identities are sold by the cart load
ChaangNoi: in btc land stupid people get to do stupid things with their money, i love freedom
mircea_popescu: tiberiusiv seriously : if you had a clue you wouldn't be talkign, you would be showing.
ChaangNoi: tiberiusiv how many years have you spent in romania learning their ways?
tiberiusiv: chaangnoi: my good friend was from his city
ChaangNoi: so you are an expert about all romanians?
mircea_popescu: ya, well, then he can prolly tell you all about how trilema was the most read romanian blog for years
ChaangNoi: .75 seems to be the new AM pt price as a high
ChaangNoi: not shocked people are selling after the .1 was paid out
maximian: mircea_popescu I was wondering the same thing. eskimobob = tiberius?
mircea_popescu: i mean, still the same 20 something aspirational kid, but eskimobob was kinda esl.
maximian: yeah, and he was more into muttering to himself
mircea_popescu: tiberiusiv the previous installment of "i won't read because i know better scammors!"
assbot: [MPEX] [S.MPOE] 6077 @ 0.00064056 = 3.8927 BTC [-]
assbot: [MPEX] [S.MPOE] 1823 @ 0.00063515 = 1.1579 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.452 = 1.356 BTC [-]
ChaangNoi: i did not buy s.dice cuz i think it was a long term investment, but im fine if others want to buy it,
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.695 BTC [+]
tiberiusiv: chaangnoi: i dont care what others do with their $, both sdice and all the mp assets are shady as hell by anyone with 2 IQ points.
ChaangNoi: then do like me, and dont buy them
Bowjob: hey mp, ur fuckup adria comp, its 1 person per shot
ChaangNoi: why are you so butt hurt he found peopleto buy them?
tiberiusiv: chaangnoi: im not. just voicing an opinion
tiberiusiv: if he gets away with it all the power to him, just like madoff victims have only themselves to blame
tiberiusiv: chaangnoi: not all romanians are scammers but that area breeds a huge % of them per capita, not to mention all sorts of other criminals they scatter all around europe.
ChaangNoi: i love the freedom in btc land, people get to do what they want. mp is not forcing anyone to do anything
ChaangNoi: you know.. using btc might be thought of as a crime... maybe mp is a crimanal too, after all did he register his exchange? bow down to the govt, lulz
tiberiusiv: using btc is no different then using anything as money
ChaangNoi: did you pay sales tax when you use btc? you are crimanal too!
tiberiusiv: not to even bring up mp's rather disgusting/shady porn dealings
tiberiusiv: pimping girls is another thing romanians are notorious for in europe
ChaangNoi: as long as there is concent why do you care?
mircea_popescu: o, i was wondering when we get to that line of nonsense.
tiberiusiv: romanian hookers are dirt cheap because its poor girls that are easy to take advantage of
tiberiusiv: they are sent all over EU by their handlers to top bidders
toffoo: I prefer the term "good value"
mircea_popescu: you know, the sad thing with this "community" or w/e it is is that naysayers are too stupid/lazy to make good arguments.
ChaangNoi: take advantage of, like giving them a job to make good money? yeah... lol they should just starve to death or the govt should hand them piles of money cuz whatever
mircea_popescu: they become trivially easy to defeat, much to the benefit of actual scams
mircea_popescu: if the girl weren't on the forum people like the bitbillions guy would probably have the run of it.
mircea_popescu: im getting sick of having to pay to show people how naysaying is done right
tiberiusiv: mircea you havent defeated any arguement
mircea_popescu: just to not have anyone actually learn anything out of it.
ChaangNoi: you are proving that to us very well
ChaangNoi: anyway im out for a while, good trading all
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.10899 = 0.436 BTC [+]
gribble: BTCUSD ticker | Best bid: 75.07007, Best ask: 75.88870, Bid-ask spread: 0.81863, Last trade: 75.07004, 24 hour volume: 81261.23957830, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.73248
assbot: [BTCTC] [GSDPT] 100 @ 0.00447 = 0.447 BTC [+]
assbot: [BTCTC] [GSDPT] 61 @ 0.00448 = 0.2733 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 48.45538965 / 71.84497777 / 78.24284189 (49175 shares, 4,680.64 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: BTCUSD ticker | Best bid: 75.49001, Best ask: 75.58000, Bid-ask spread: 0.08999, Last trade: 75.49000, 24 hour volume: 81153.14011718, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.73700
Bowjob: Umm.. I'd get killed if I post that there
Bowjob: I don't really post much there anyways,
Bowjob: "I've never seen a fire truck that needed to be shaved before. F"
Bowjob: yes it is a maddox quote
Bowjob: i think theres only 3 players so far
Bowjob: the last 3 are the same person trying to pretend as 3 people
Bowjob: not the last 3, the last 3 before the last one
Bowjob: you should get more now, i posted it
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.73 = 1.46 BTC [+]
Bowjob: i enjoyed the short monopoly i had on the contest
Bowjob: since the second pic does not depict rape, i would win all the prize lolz
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [-]
Bowjob: on your article you misspelled photoshop
Bowjob: i doubt people would spot it tho
Bowjob: you spelled it as photochop
Bowjob: and not sure with the capital S in the middle
Bowjob: The article originally used the word “photochop
Bowjob: my teached back in hs, raised the same issue. The "correct" term is photo-edit
Bowjob: no one gave a shit and called it photoshopping anyway
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00492 = 0.0098 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 93 @ 0.00495 = 0.4604 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 318 @ 0.00495 = 1.5741 BTC [+]
Bowjob: she told us to "get creative" if we couldnt afford photoshop
Bowjob: nah she was referring to piracy
Bowjob: its been so many years now i forgot how to photoshop
Bowjob: i remember i recreated this pic
Bowjob: i made the dude on stalin's right disappear
assbot: [MPEX] [S.MPOE] 4759 @ 0.00063515 = 3.0227 BTC [-]
Bowjob: i was wondering how the hell did they do that back then
Bowjob: looks legit, actually. considering the quality of photgraphs back then
Bowjob: the last one looks like you
toffoo: i got all pumped up to win $750 bux .. then realized I don't have photoshop installed anymore
Bowjob: these redditors downvoted my post, yet we got some new traffic
Bowjob: its either from people here or redditors downvoted my post and joined your contest
Bowjob: adria looks like a human poodle
Bowjob: mp. wheres that pic of buttcoin
mircea_popescu: i recall this carlin bit, "according to 90% of participants, gangrape is great fun"
Bowjob: the one where mpoe-pr made this dude shove a pen up his ass
Bowjob: ah, the power of buttcoins
mircea_popescu: "o, bitcoin is worthless because i can't buy anything with it"
toffoo: so I went on reddit to upvote your contest,
toffoo: and oh dear I didn't notice your favorite bitcoin spokesperson got some more free press again last friday:
gribble: (bids [--under] <pricetarget>) -- Calculate the amount of bitcoin demanded at or over <pricetarget>. If '--under' option is given, find coins or at or under <pricetarget>.
gribble: There are currently 36697167 bitcoins demanded at or over 0.0 USD, worth 8721857.08948 USD in total. | Data vintage: 0.0167 seconds
toffoo: he plays the role of "squatter" so incredibly well
toffoo: i power laughed at this video
mircea_popescu: toffoo dub already mentioned it. it's funny how most of the guy's following consists of people surprised he's still alive.
toffoo: clearly that abandoned office block has no running shower
Bowjob: whoever did that, gratz. you've outdone me
Bowjob: mp, im pretty sure thats a vanilla pod
Bowjob: so its not a vanilla pod
Bowjob: did it grow these past 3 years
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.75 = 3.75 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 8 @ 0.34999 = 2.7999 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009993 BTC [-]
assbot: [BTCTC] [BTC-BOND] 22 @ 0.009994 = 0.2199 BTC [+]
assbot: [BTCTC] [BTC-BOND] 3 @ 0.009994 = 0.03 BTC [+]
assbot: [HAVELOCK] [VTX] 8 @ 0.75 = 6 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00441 = 0.0662 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 80 @ 0.00441 = 0.3528 BTC [-]
jurov: hi mircea_popescu, when we can exppect bitbet payouts?
assbot: [BTCTC] [S.DICE-PT] 31 @ 0.0044 = 0.1364 BTC [-]
jurov: no the ohers are for 12 and 20 million, they better wait
assbot: [BTCTC] [GSDPT] 7 @ 0.00414 = 0.029 BTC [-]
jurov: who has done them? if you did, do you plan to create new ones?
assbot: [BTCTC] [GSDPT] 14 @ 0.00413 = 0.0578 BTC [-]
jurov: haha looks even more like 1995
Bowjob: it looks good for nighttime trading
Bowjob: perhaps switch to yellow, ala bestpageinteuniverse?
jurov: to support bullish mood
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.0689697 = 68.9697 BTC [-]
Bowjob: it hurts us when we switch from mpex to irc
Bowjob: its a meta prob, nothing to do with site
Namworld: Hmm... did you process two deposit for me mircea? I get confused with all the buying/selling
Bowjob: since our eyes would get used to it
jurov: Bowjob, ur irc client doesn't have dark skin?
Bowjob: i dunno how to do that
gribble: Error: "darkskin" is not a valid command.
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation:
http://gribble.sourceforge.net/ jurov: don't think gribble can do it... he seems caucasian
Namworld: Yeah, looks like it was processed
Namworld: Looking at the list of sales/purchases on my command line, seems like my two deposits are in there now.
assbot: [MPEX] [S.MPOE] 3800 @ 0.00063515 = 2.4136 BTC [-]
Namworld: Price looks on the rise. I got some calls. I'm all good.
jurov: Namworld, which client are you using? pympex logs by default now
gribble: BTCUSD ticker | Best bid: 76.21001, Best ask: 76.50000, Bid-ask spread: 0.28999, Last trade: 76.50000, 24 hour volume: 81138.77068508, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.80606
Namworld: Is the latest pympex ported to windows yet?
Namworld: Does that mean it calculates deposits and transactions appearing on stats now?
jurov: no it just does some calculation on new orders
jurov: dunno why it's such a problem with win... anyone tried the dotnet one?
jurov: ironpython or however they call it
gribble: There are currently 36702157 bitcoins demanded at or over 0.0 USD, worth 8834463.93001 USD in total. | Data vintage: 0.0180 seconds
Namworld: We're getting closer to 9 million USD in bids
jurov: but it's a bit meaningless. maybe gribble could say "but there are only 11m btc in circulation so if they sold then..."
gribble: (sell <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a sell order for <amount> units of <thing, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {mtgox(ask|bid|last)} to index price to mtgox ask, bid, or last price. May also include expression of (1 more message)
jurov: ;;market sell 11000000
gribble: A market order to sell 11000000 bitcoins right now would net 8836647.0718 USD and would take the last price down to 0.0000 USD, resulting in an average price of 0.8033 USD/BTC. | Data vintage: 0.0160 seconds
Namworld: 8834463.93001 vs 8836647.0718 hmm...
Namworld: I guess bids increased again... but anyway
gribble: BTCUSD ticker | Best bid: 76.46001, Best ask: 76.50000, Bid-ask spread: 0.03999, Last trade: 76.50000, 24 hour volume: 81081.40171129, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.81300
Namworld: It's just an very, very general estimation of funds on MtGox. There's still the USD standing idle/not on bids
assbot: [MPEX] [S.MPOE] 7950 @ 0.00064816 = 5.1529 BTC [+]
Namworld: You know there's at least as much USD as the bids.
jurov: yes it's impressive anyway
Namworld: Well it's ridiculous as far as I care.
Namworld: Well it tend to flow a certain way...
Namworld: Well if everyone just keeps their Bitcoins forever... there's going to be some issues
Namworld: Well I'd also get part of that...
Bowjob: tiber your math is way off
Namworld: I don't say they have to spend it...
gribble: There are currently 36703203 bitcoins demanded at or over 0.0 USD, worth 8908860.95577 USD in total. | Data vintage: 0.0174 seconds
Namworld: 8.908 million... still increasing
Namworld: Well actually it probably went down because BTC increased in USD. And people want to gamble at max X USD
Namworld: or put x% of their income into gambling
Namworld: USD wise however, SD is making gains
Namworld: When I make a BTC investment, I can find out holding BTC might have been better.
Namworld: But as long as in fiat it increases instead, it's not a complete loss.
Namworld: It's just worse than holding BTC
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34999 = 0.7 BTC [+]
gribble: There are currently 0 bitcoins offered at or under 77.0 USD, worth 0.0 USD in total. | Data vintage: 0.0017 seconds
gribble: There are currently 2228.4083 bitcoins offered at or under 78.0 USD, worth 173045.230736 USD in total. | Data vintage: 7.1586 seconds
gribble: BTCUSD ticker | Best bid: 76.77701, Best ask: 77.19000, Bid-ask spread: 0.41299, Last trade: 77.19000, 24 hour volume: 81058.63736284, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.89676
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.75 = 3 BTC [+]
Namworld: The hourly chart says crazy movements
Chaang-Noi: i think the claim of 50 million to be a bit high myself
Chaang-Noi: but if he can sell it at that good for him
Namworld: tiberius: $10k traded on a good day? That's WAY under...
Chaang-Noi: better to sell 10% at 10,000 than 100% at 1,000
Namworld: There's more than $10k traded daily =/
Chaang-Noi: i would agree but there is nothing wrong with mp selling it for that price
Chaang-Noi: but the thing is, mp found some people to buy it, 12%
Chaang-Noi: yup, i tip my hat to mp for finding so many
Chaang-Noi: but you cant call mp a scammer if you dont know :/
Chaang-Noi: then dont invest, are you trying to convert people?
Chaang-Noi: i dont use his exchange or buy his stuff cuz i think it is way overvalued, if you are trying to convert me you are wasting your time
Chaang-Noi: well, if he can sell it might as well eh?
Chaang-Noi: well im off to do some real work, you should really do the same, point out how sucessful mp is is not really a good use of your time.
dub: thank you for imparting this knowledge tiberiusiv
Namworld: So you claim trades on MPEx are fake?
Chaang-Noi: i dont have a sweatshop, only because i have more profitable things to do with my limited time
Chaang-Noi: i have not "worked" in over a year and even that "work" was "teaching" at a university
gribble: There are currently 2117.1272 bitcoins offered at or under 78.0 USD, worth 164451.6758 USD in total. | Data vintage: 105.3837 seconds
gribble: There are currently 8048.9544 bitcoins offered at or under 80.0 USD, worth 637161.672751 USD in total. | Data vintage: 109.1166 seconds
Namworld: [05:19] <tiberiusiv> namworld: always be weary of someone who has a vested interest in selling you something
Namworld: I don't typically buy S.MPOE but thanks anyway for the advice
Namworld: I get S.DICE mostly. and Options
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
MJR_: hmmm, i think we may see a dip
MJR_: just the depth of the book
MJR_: the buy side looks thin
MJR_: which is pretty rare
Namworld: not at all. Been like taht all day
MJR_: i mean in general it is usually a monster buy side with thing supply
Chaang-Noi: 1 million sales of btc drops it down to 72
Chaang-Noi: but i think we are going up, new ath soon
MJR_: yeah its pretty thin trading altogether
MJR_: well, yeah, i mean before 9
MJR_: i think the market is exhausted
MJR_: and i'm thinking of trying to ride it from 77.50 to 74
mircea_popescu: after sustained rise there's some flagging and that causes a panic
MJR_: i'm thinking that if i can short it here...hopefully there is a sell off and i can buy back in for more
Namworld: after the saturday crash, bids are getting back in the orderbook
MJR_: but 250 coins to move to 77 1250 to move to 78
Namworld: on such a small scale, that's insignificant
MJR_: 5 to 1 pushing down
MJR_: lol, yeah, it is tough
MJR_: and when trading high margin...you want very short scale
MJR_: clark moody always breaks for me
MJR_: using bitcoininty.org
gribble: There are currently 194.56549 bitcoins offered at or under 77.5 USD, worth 15078.825151 USD in total. | Data vintage: 0.0017 seconds
Namworld: we're basically raising at about the same speed as before the crash
Namworld: asks are slowly getting eaten too
gribble: There are currently 1462.6683 bitcoins offered at or under 78.0 USD, worth 113828.206504 USD in total. | Data vintage: 94.5324 seconds
MJR_: this is my first bitcoin short
MJR_: and again, i think we may hit an ath today, i just think we will dip a couple of bucks first
MJR_: and then i reverse position
MJR_: we'll see, i have my finger on the cover button
dub: yall nigras see this
MJR_: well i got my trailing stop in place
MJR_: i think it really doesn't take much to burst mt gox to 60 second plus lag
MJR_: unfortunately this software is just now realizing the sell, there is lag from gox, then lag to the charts, then lag to bitfinex
MJR_: and for the pleasure of seeing things happening minutes after they actually happen i pay ridiculous fees... :(
Chaang-Noi: all the asks and bids were taken out so we should see some crazy movements
MJR_: 90 coins puts under 77
MJR_: there it goes again
MJR_: you probably will today
MJR_: but hopefully not before we hit 76
MJR_: what is with this mini wall at 76.68
gribble: BTCUSD ticker | Best bid: 76.68630, Best ask: 77.58899, Bid-ask spread: 0.90269, Last trade: 76.68630, 24 hour volume: 82045.91053246, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 75.03512
MJR_: lol they just keep widening this gap
dub: yeah its scammy as fuck
gribble: BTCUSD ticker | Best bid: 77.00003, Best ask: 77.03400, Bid-ask spread: 0.03397, Last trade: 77.00002, 24 hour volume: 81960.22119000, 24 hour low: 71.55001, 24 hour high: 78.00000, 24 hour vwap: 75.09242
assbot: [BTCTC] [GSDPT] 14 @ 0.00449 = 0.0629 BTC [+]
assbot: [MPEX] [S.DICE] 304 @ 0.00449999 = 1.368 BTC [-]
MJR_: this trading platform is such fucking bullshit
Namworld: the wall doesn't keep price from rising tho
assbot: [HAVELOCK] [VTX] 3 @ 0.7 = 2.1 BTC [-]
gribble: There are currently 4330.0318 bitcoins offered at or under 79.99 USD, worth 343548.746816 USD in total. | Data vintage: 0.0041 seconds
Chaang-Noi: we keepgetting close, but cant reach 78 lol
Namworld: Without that wall to intimidate, there's like nothing until 100... very light slope
gribble: There are currently 39920.895 bitcoins offered at or under 99.99 USD, worth 3454701.99447 USD in total. | Data vintage: 96.3542 seconds
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]
Chaang-Noi: pretty bullish if they will pay 33% more than gox
assbot: [MPEX] [S.MPOE] 4550 @ 0.00063865 = 2.9059 BTC [-]
kakobrekla: and they put 100 in the book first, then execute the asks
Chaang-Noi: anyay someone seems to be messing with the market at 77.777
MJR_: seems like a good range
MJR_: wasn't sure if we would break 80
MJR_: but not that high of a wall really
assbot: [HAVELOCK] [VTX] 1 @ 0.665 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.58 = 1.74 BTC [-]
assbot: [HAVELOCK] [KCIM] 2 @ 1.016 = 2.032 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.015 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.01 BTC [-]
assbot: [HAVELOCK] [KCIM] 2 @ 1.001 = 2.002 BTC [-]
gribble: BTCUSD ticker | Best bid: 77.50101, Best ask: 77.77699, Bid-ask spread: 0.27598, Last trade: 77.77699, 24 hour volume: 81032.30957756, 24 hour low: 71.89779, 24 hour high: 78.00000, 24 hour vwap: 75.25893
assbot: [MPEX] [O.BTCUSD.C690T] 5 @ 0.12930638 = 0.6465 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00499 BTC [+]
gribble: There are currently 520.72291 bitcoins offered at or under 78.0 USD, worth 40616.3866223 USD in total. | Data vintage: 0.0013 seconds
gribble: There are currently 146.47185 bitcoins offered at or under 78.01 USD, worth 11424.8039147 USD in total. | Data vintage: 103.6015 seconds
gribble: There are currently 0 bitcoins offered at or under 78.01 USD, worth 0.0 USD in total. | Data vintage: 0.0015 seconds
Namworld: guy is going to get his wall eaten...
deadweasel: maybe he'll drop the wall and buy in at market.
gribble: BTCUSD ticker | Best bid: 78.40001, Best ask: 79.00000, Bid-ask spread: 0.59999, Last trade: 79.00000, 24 hour volume: 82470.81706976, 24 hour low: 71.89779, 24 hour high: 79.00000, 24 hour vwap: 75.34531
assbot: I haven't understood a single word you've said since I met you, not one single word.
gribble: BTCUSD ticker | Best bid: 78.38000, Best ask: 79.58766, Bid-ask spread: 1.20766, Last trade: 79.50000, 24 hour volume: 82500.26463872, 24 hour low: 71.89779, 24 hour high: 79.04992, 24 hour vwap: 75.35045
gribble: There are currently 3554.2802 bitcoins offered at or under 80.0 USD, worth 284165.021183 USD in total. | Data vintage: 55.1147 seconds
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34999 = 0.7 BTC [+]
gribble: There are currently 3808.2111 bitcoins offered at or under 80.0 USD, worth 304401.035789 USD in total. | Data vintage: 26.4863 seconds
Chaang-Noi: that wont hold, usa is starting to wake up and buy...
gribble: Next difficulty estimate | 6881519.95343 based on data since last change | 7299527.825 based on data for last three days
Namworld: There's no options available on MPEx
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]
Namworld: Anyone with his options already purchased must be quite happy
Namworld: At a premium on the call side... average increased
assbot: [MPEX] [S.MPOE] 9900 @ 0.00064816 = 6.4168 BTC [+]
mpexbot: mircea_popescu: O.BTCUSD.C750T Bids: ['1000 @ 0.06090229']
mpexbot: mircea_popescu: Asks: ['1000 @ 0.09287598', '1000 @ 0.25']
assbot: [HAVELOCK] [SDICE] 2 @ 0.454 = 0.908 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.453 = 2.718 BTC [-]
assbot: Last trade for O.BTCUSD.C750T on MPEX was at 0.0689697 BTC [-]
assbot: [HAVELOCK] [HIM] 2 @ 1.501 = 3.002 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.5 = 3 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.5 BTC [-]
assbot: [HAVELOCK] [HIM] 2 @ 1.4925 = 2.985 BTC [-]
Thinker_: why was the most recent ASICMINER dividend so low?
mircea_popescu: meanwhile on twitter "UK's online gambling sector worth £2bn in 2012"
assbot: [HAVELOCK] [HIM] 2 @ 1.49 = 2.98 BTC [-]
Namworld: ASICMINER is for 50% of the company. But they pay back IPO price to shares sold.
Thinker_: ThickAsThieves: interesting. Where are you getting this news? I am not getting any announcements like this from BitFunder.com
Namworld: So for the first weeks it was 100%
assbot: [HAVELOCK] [HIM] 1 @ 1.45 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.453 = 0.906 BTC [-]
MJR_: its quiet...too quiet
MJR_: think we are going through 80 today?
ThickAsThieves: once we get to 79.85 or so, those walls will probably fall
MJR_: yeah 300k is not really a big wall nowadays
MJR_: was more interested in psychological barrier of big round number
gribble: There are currently 330.97408 bitcoins offered at or under 79.84 USD, worth 26409.0538315 USD in total. | Data vintage: 5.6651 seconds
gribble: There are currently 3807.7847 bitcoins offered at or under 80.0 USD, worth 304429.083077 USD in total. | Data vintage: 12.9988 seconds
Bugpowder: hmmm... did MPOE bots pricing model get tweaked?
Bugpowder: I wonder if mircea_popescu changed the pricing from 24vwap based to a blend of 24hr and spot
Bugpowder: maybe I was just underestimating the amount of time premium
Bugpowder: ah... volatility is explicitly programmed in
assbot: [HAVELOCK] [VTX] 5 @ 0.7444 = 3.722 BTC [+]
Bugpowder: I mean, volatility is in the model, and is a reflection of some relatively short term variance, rather than a long term (1yr) variance or a magic number.
assbot: [HAVELOCK] [VTX] 8 @ 0.7445 = 5.956 BTC [+]
mircea_popescu: it looks at a lot of data. long term, mid term, short term
mircea_popescu: of course it'd change its estimation of the volatility
Bugpowder: looks like we may break thru 80 before 15:00.
kakobrekla: mircea_popescu Jansa is butthurt and posting shit around - we are way better than Italy if that is any consolation
Bugpowder: we aren't gonna touch 100 this week
gribble: Error: "hashrate" is not a valid command.
gribble: There are currently 28670.471 bitcoins offered at or under 100.0 USD, worth 2585939.459 USD in total. | Data vintage: 0.0028 seconds
Chaang-Noi: we have seen market orders of over 1 million recently
Chaang-Noi: lucif however has been wrong way more than right
interesting: yeah definitely not saying we will... just... i think the sentiment is that we will very soon
interesting: does anyone have any info on the coinlab mtgox merger? any wealth flowing through it yet?
mircea_popescu: interesting actually... they blew their date, failed to release alpha and no further news
assbot: [MPEX] [S.MPOE] 6450 @ 0.00063865 = 4.1193 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.108897 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.108898 = 0.3267 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 21 @ 0.10899 = 2.2888 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.10899 = 0.436 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]
gribble: There are currently 36681645 bitcoins demanded at or over 0.0 USD, worth 9119639.08052 USD in total. | Data vintage: 6.2884 seconds
KRS1: there was talk of a crash a while back but that topic seemed to have fizzled
KRS1: crash but rebound of course, cyclic as markets are
KRS1: maybe crash is a strong word...dip?
Bugpowder: 5000 accounts waiting for verification.
Bugpowder: assume conservatively a mean investment of $2000 per account
Bugpowder: = $10,000,000 of new funds flowing into gox soon.
Bugpowder: it will probably take a negative news event to trigger a real crash.
KRS1: figured..as i've noticed you seem to give pretty reasonable information
deadweasel: i would say $500 is reasonable for motivated newbs. but it would be a bell curve of deposits
Bugpowder: mircea_popescu: I'm guessing median is $1000 for joe reddit, but mean could skew significantly higher
deadweasel: mom is still paying their insurance...
mircea_popescu: if joe reddit meets drop dead gorgeous sexbomb he doesn't move
Bugpowder: Some 17 year old kid keeps buying $1000 in coins off me with cash every week
Bugpowder: I don't know if he is dealing the coins at school or what
Bugpowder: seems to be very excited about the rise in price.
deadweasel: where does a 17 yr old get $1k a week?
Bugpowder: reselling coins is probably more profitable and much less risk
Bugpowder: plus the coins appreciate between the time I sell to him and he sells.
MJR_: nice boiler room reference, did you like it?
assbot: [MPEX] [S.MPOE] 1250 @ 0.00063515 = 0.7939 BTC [-]
deadweasel: Bugpowder: I can see that. At the increase in price, it would be profitable for the last couple of months.
KRS1: off yo corner not mines
deadweasel: i'd rather just hold. you can sling BTC on my corner KRS1
gribble: BTCUSD ticker | Best bid: 78.62001, Best ask: 78.70000, Bid-ask spread: 0.07999, Last trade: 78.70000, 24 hour volume: 76425.55033919, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 75.99540
Chaang-Noi: about the bad news and the crash, im shocked the fork did not do any damage but stall the bulls for a few days, insane... we would need massive bad news to do anything
Chaang-Noi: also dont you need a min of 1000 to ahve to get your account aproved?
Chaang-Noi: really? i have or had an anon account on gox
deadweasel: Chaang-Noi: I was exceedingly surprised by the fork not causing a lengthy crash
KRS1: crack is cheaper than whole units of BTC these days
Chaang-Noi: deadweasel yeah, that is when i knew we were going to double
Chaang-Noi: my trading bot account was never veriffied
Chaang-Noi: iv not used it in a year so things might have changed, i dont know
assbot: [BTCTC] [COGNITIVE] 7 @ 0.1429 = 1.0003 BTC [-]
Chaang-Noi: also every site i use to get the btc price is down for me...
deadweasel: Chaang-Noi: gox would just lag when you really needed it anyhow, better that you don't use it
Chaang-Noi: iv not used gox since they froce my account
Chaang-Noi: the only coin i have left in gox is my 700 btc from bitcoinica they wont let go
MJR_: will they ever release it
Chaang-Noi: gox is being silent right now about it, but before too long they will get sued
mircea_popescu: could have done without all the bs libertardism, but anyway
Chaang-Noi: i think they are waiting for the case to end in cali first
unbalanced__: If community starts to watch that, maybe people would feel freer to trade more off-Gox
gribble: Error: I tried to send you an empty message.
gribble: Error: I tried to send you an empty message.
gribble: BTCUSD ticker | Best bid: 79.09000, Best ask: 79.09899, Bid-ask spread: 0.00899, Last trade: 79.09899, 24 hour volume: 76184.89958681, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.01784
Bugpowder: mircea_popescu: the mpoe bot seems to not have offers up much more of the time now than a few weeks ago. Is this DDOS related, funding related, other?
KRS1: couldnt one transfer their btc between markets for big profits
MJR_: KRS1: but what to do with the cash
KRS1: the cash out would give lower btc overall wouldnt it
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10898 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
Chaang-Noi: kako to get money into btc-e you need to be tight with the russian maffia
MJR_: the main issue is funding options and time
Chaang-Noi: also bitstamp is the easiest way to get in money fastest
Chaang-Noi: and its also keeping ltc prices down, people buyiong chewap btc
unbalanced__: virtex now at 82.50/84.20 (CAD)... Canada in the lead
MJR_: they are the easiest in my opinion
MJR_: still quite a nice wall going on mt gox
MJR_: half a mill before 80
gribble: There are currently 5417.4674 bitcoins offered at or under 80.0 USD, worth 431701.695968 USD in total. | Data vintage: 30.3969 seconds
MJR_: exaggerated...its like 430k
mircea_popescu: Bugpowder actually, seems btchcarts has issues with the feed.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01401 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01451 BTC [+]
Bugpowder: that 12000 BTC wall bastard is back
assbot: [HAVELOCK] [SDICE] 4 @ 0.4600001 = 1.84 BTC [+]
assbot: [HAVELOCK] [SDICE] 26 @ 0.46 = 11.96 BTC [-]
gribble: BTCUSD ticker | Best bid: 75.34000, Best ask: 77.00000, Bid-ask spread: 1.66000, Last trade: 75.34000, 24 hour volume: 67052.57610028, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.21349
gribble: There are currently 18683.032 bitcoins offered at or under 80.0 USD, worth 1474040.53264 USD in total. | Data vintage: 19.2638 seconds
smickles: 10:24 <+gribble> New rating | Supa > -10 > smickles | None
MJR_: fucking four minutes lag
ZedsterX: Chaang-Noi: what do you mean it's fake? total newb here
assbot: [HAVELOCK] [HIM] 2 @ 1.75 = 3.5 BTC [+]
Bugpowder: there is no such thing as a fake wall
Bugpowder: how many times do we have to go over this
Bugpowder: It is a wall designed to push prices down thouh
deadweasel: the wall is real, the intention just isn't what you think ZedsterX
Bugpowder: earlier today when it was put up, it was at 80.0001
Bugpowder: If he really wanted to sell, he would try to undercut the asks at 80, instead posting just above it
Bugpowder: Just someone trying to mainpulate the market, perhaps doing some day trading, scooping up at 75.5 on the dip, then reselling higher when he removes the wall
Bugpowder: the risk for him is that someone might just have the capital to buy the whole thing in one shot.
Bugpowder: not that selling 12000 BTC at 77.5 would be considered a bad outcome for most people :-P
Bugpowder: looks like the value is really tanking
ZedsterX: thanks for the clarification....i am just now reading day Trading for Dummies so I am currently a Dummies but learning
Bugpowder: 30dvwap is 48000 for xrp, but 1day is 71000
MJR_: yeah, the fact he is manipulating i think means the price is being held lower
Bugpowder: ZedsterX: of course we don't really know what is in the mind of that trader, but that's what it appears to be.
Bugpowder: This is typically a very active time of day though, that wall is really temping someone I bet...
ZedsterX: no need to elaborate just yet....lemme learn a bit more
MJR_: i bet he cancels once someone really starts to eat into it
MJR_: let loose the dogs of war
Bugpowder: yah, but you can't cancel it in time if someone eats it all in one go.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1088 BTC [-]
Bugpowder: time for lunch.... hopefully we will be >80 when I get back.
unbalanced__: Okay with The Wall and The Dogs Of War, time to turn on the Pink Floyd
gribble: There are currently 36671413 bitcoins demanded at or over 0.0 USD, worth 9038379.57806 USD in total. | Data vintage: 0.0189 seconds
mircea_popescu: why can't it just be some dude who wants to sell at that price.
jborkl: mp, can you process my deposit. thanks
Diablo-D3: mircea_popescu: because people love a story
Chaang-Noi: well, if that get shut down not exactly good for btc
mircea_popescu: so this means in fact sr is either a honeypot or else has been under law enforcement scrutiny for months
Diablo-D3: Ive been saying its a honeypot since the day 1
mircea_popescu: Once the server is seized, it can either be taken offline and analyzed for evidence right then and there, or left online and modified to better accrue evidence. In the case of SR, leaving the server online and modifying the purchase mechanism to not encrypt addresses on the server would be the obvious choice. Law enforcement would immediately have access to all addresses, private messages, etc.
Doffx: Lot of assumptions there.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
Doffx: It assumes law enforcement also noticed this.
MJR_: or they could just be in a jurisdiction that gives two shits
MJR_: think new zealand could be good enough
MJR_: mircea_popescu: not exactly "manipulating" but anyone who puts an order that large out there is probably not trying to just sell or buy, they would layer it and break it up so that it wasn't obviuos
assbot: [BTCTC] [S.MPOE-PT] 269 @ 0.000711 = 0.1913 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 131 @ 0.000711 = 0.0931 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 60 @ 0.000712 = 0.0427 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 680 @ 0.000713 = 0.4848 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 1820 @ 0.000713 = 1.2977 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 9 @ 0.10899 = 0.9809 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.144 BTC [+]
smickles: < mircea_popescu> so this means in fact sr is either a honeypot or else has been under law enforcement scrutiny for months <<< probably since that initial address change
smickles: i did a few times, but there wasn't ever anything worth buying
smickles: there wasn't that much volume recently, so taken down
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 71.99677481 high: 78.31645607 low: 48.45538965 volume: 50180 btc: 4750.25972448 30 day: no data
assbot: Hell, ain't we about more fucked than a whore at closin' time, huh?
gribble: BTCUSD ticker | Best bid: 78.00000, Best ask: 78.40000, Bid-ask spread: 0.40000, Last trade: 78.00000, 24 hour volume: 68609.09897307, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.15356
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 14 @ 0.00499 = 0.0699 BTC [+]
Chaang-Noi: i see one share trade and im like wtf... then i remember that share is $50
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1304 BTC [-]
KRS1: diablo are you expecting it to go up or something
KRS1: this is looking plateau-ish, isnt it?
KRS1: just curious, im no expert or anything
mircea_popescu: <smickles> i did a few times, but there wasn't ever anything worth buying <<< i kept saying it's irrelevant but NO!!! DRUGS!!! SR BIGGER THAN MPEx!!!1
Diablo-D3: KRS1: Im expecting it to go up, actually
KRS1: that would be nice...im trying to buy more, but on a dip at some point
smickles: mircea_popescu: remember when sr was down for 2 weeks, and it had no impact on bitcoin?
MJR_: quick question, and don't laugh
MJR_: does coinbase have trouble when you SELL bitcoins on their site?
MJR_: or is it pretty much only on the buy side
deadweasel: smickles: was that when they got sql attacked or wahtever?
deadweasel: I used to think SR impact was large, I'd like to go look at the data for that period.
smickles: deadweasel: I don't think so. I believe they were idiopathicly offline
smickles: and you probably used the think it was large because the media and all the people who didn't thake the time to research the topic kept saying it was 3/4 of the bitcoin economy
smickles: mircea_popescu's blog has an article written at the time, which documents the date
deadweasel: smickles: i think that's why I thought so too. i have some reditard in me, that much is obvious.
smickles: mircea_popescu: what media? news publications and blogs
deadweasel: I would like to find out how many SR users become bitcoin adopters. or if most of them just OD.
smickles: the news people were especially on about the relative size of sr when that senator was bitching about bitcoin
smickles: well, i don't think too many drug users od...
KRS1: od figures are very low considering the number of users..dont ask me how i know guess i came across stats on that one day
smickles: especially since most drug users are either smokers or drinkers. but if we set that aside, most drug users are probably using pot, which takes thousands of pounds to od in
deadweasel: ok, the more important part is how many of the SR users turn to BTC as a whole, whether it be speculation, assets, whatever.
deadweasel: or do you think most pick up some BTC, get their stash, and do it again in a few weeks.... never realizing the power of BTC
smickles: I'd bet it's a foot in the door. they may not start using BTC regularly right away, but it's psycologically addictive
smickles: like all the peeps who heard about bitcoin on 'Security Now' and ran a client for fun
assbot: [BTCTC] [S.DICE-PT] 11 @ 0.00499 = 0.0549 BTC [+]
smickles: then some months later btc was up to 30, and they took interest
assbot: [MPEX] [S.MPOE] 800 @ 0.0006361 = 0.5089 BTC [+]
assbot: [MPEX] [S.MPOE] 2850 @ 0.00064816 = 1.8473 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.465 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07264594 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.08527257 BTC [+]
assbot: [MPEX] [S.DICE] 800 @ 0.00425029 = 3.4002 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.73925 = 2.2178 BTC [-]
Bugpowder: "MPEx just sponsored hosting for bitcoinity. Definitely check it out!"
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.10899 = 0.218 BTC [+]
smickles: really? Bugpowder: was that one of those popup messages?
smickles: ooooh, mircea_popescu you sly dog
jurov: lol seems coinbr.live needs dark skin too nao
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10898 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34999 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.004587 = 0.0459 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.00459 = 0.0459 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00459 BTC [+]
mircea_popescu: actually i would say jurov;s truck looks even better in dark faq
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74999 BTC [+]
cylta: thestrin1puller: why?
deadweasel: also, if you get romanian nymphos, use protection :)
gribble: BTCUSD ticker | Best bid: 78.01004, Best ask: 78.50001, Bid-ask spread: 0.48997, Last trade: 78.50001, 24 hour volume: 59775.07560411, 24 hour low: 72.60000, 24 hour high: 79.72001, 24 hour vwap: 76.48701
mircea_popescu: ;;everify freenode:#bitcoin-otc:5d85a0d3d71fae1ea046dbcce6669c5252d0c741731614e7736ad361
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
gribble: Rating entry successful. Your rating of 1 for user comboy has been recorded.
cylta: mircea_popescu: do you still sell accounts for 30 btc? =)
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]
mircea_popescu: happily the exchange rate is doing the work for me so i don't have to raise it.
KRS1: I'm a noob at this stuff, even after working with and mining BTC for almost 2 yrs now, can someone answer a question about OTC for me?
cylta: KRS1: sure, just ask it
cylta: mircea_popescu: what is the total value of all asstes on mpex?
gribble: There are currently 0 bitcoins offered at or under 75.0 USD, worth 0.0 USD in total. | Data vintage: 0.0014 seconds
cylta: Bugpowder: mtgox x5 7.3039 @ 78.92499262 USD
KRS1: ok sorry bout that..so I 4000 btc for sale at 77.756 each on otc..I can buy from this guy at a discount (compared to current M.P.)?
KRS1: why would he want to sell at that price?
cylta: KRS1: he will not able to sell all amount because of low liquidity on market
gribble: There are currently 8953.862 bitcoins demanded at or over 75.0 USD, worth 678866.343559 USD in total. | Data vintage: 58.5529 seconds
Bugpowder: cylta: feel free to use my fingerprint for a 5BTC discount on the signup fee :)
cylta: KRS1: so, it's profitable for him to sell just a bit below, because it will be more than he will get if he will sell at market price... market price is limited to 10 btc aprx.
assbot: [HAVELOCK] [SDICE] 3 @ 0.46 = 1.38 BTC [-]
KRS1: oh i see..buys are a bit low in demand so he's trying to discount them to get rid of em at a good price without bringing market price down
cylta: Bugpowder: hehe =) I don't think that I will ever be so self confident, that I will able to make more than 2.3k$ on trading.
cylta: KRS1: but buying such amount now... it's very risky.
jborkl: you won a seat on the MPEX echange , which has inherent value
KRS1: funny biz ya'll are in.
assbot: [HAVELOCK] [SDICE] 5 @ 0.4531 = 2.2655 BTC [-]
KRS1: love what you are doing here mp
cylta: jborkl: as I know, you can't sell it
cylta: jborkl: I mean whole account, so it does not cost it any more
assbot: [MPEX] [S.DICE] 1000 @ 0.00449999 = 4.5 BTC [+]
jborkl: mp goes by key , not by name
Bugpowder_: I must say, buying a seat on MPEX was the second best decision I made in bitcoinlyfe
cylta: Bugpowder_: did you earn enough to pay back for it price?
jborkl: He owns a seat on the exchange, which has appreciated in value
assbot: [HAVELOCK] [SDICE] 1 @ 0.453 BTC [-]
cylta: Bugpowder_: what are you doing? just buying low selling high?
gribble: BTCUSD ticker | Best bid: 77.49000, Best ask: 77.80434, Bid-ask spread: 0.31434, Last trade: 77.80434, 24 hour volume: 60634.32567194, 24 hour low: 72.60000, 24 hour high: 79.72001, 24 hour vwap: 76.51197
cylta: Bugpowder_: selling or buying?
Bugpowder_: futures, diff futures, the CDO offering, the S.BBET IPO
cylta: Bugpowder_: okay, does it mean that other people at mpex loose 200btc?
Bugpowder_: Not necessarily. If the value of a security goes up, then everyone wins
assbot: [MPEX] [S.DICE] 1000 @ 0.00449999 = 4.5 BTC [+]
Bugpowder_: but MPOE has averaged 12% return on equity per month
cylta: Bugpowder_: okay. probably i'm just too stupid to understand all this things...
Bugpowder_: All in, the MPEX account fee is probably <1% of total personal profits so far.
smickles: drat. my daughter found out how to have the printer give a test page
KRS1: I bet its safe to say bugpowder has lost a coin or two as he was learning..
smickles: i suspect Bugpowder_ is ahead overall
KRS1: which is easy with options?
jurov: cylta, there's also coinbr.com, almost as good as having mpex acct directly
Bugpowder_: But in the S.BBET IPO, I flipped about 200BTC into 400BTC in about 20 minutes.
smickles: i'll vouch for coinbr, it's a good service
Bugpowder_: cylta, if you have <500BTC to invest, I'd stick to coiner.
cylta: jurov: thanks, I already was there but they offering limited usability afaik
smickles: coiner, lol. that sounds like a bad word
jurov: yea but wwe can do anything that doesn't have the interface there manually on request
smickles: mircea_popescu, you're just one of those *coiners*. go back in your hole
KRS1: bugpowder- thanks sounds like sound advic
jurov: cylta, or is the prob somewhere else?
assbot: [HAVELOCK] [VTX] 7 @ 0.73924998 = 5.1747 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.453 BTC [-]
taub: what does an exchange seat do Bugpowder_
Bugpowder_: I should get paid for this PR job I'm doing here.
jurov: Bugpowder_: you can. just get a coinbr affiliate link :)
taub: option depth is really non existant
taub: prolly should read that book on options
taub: but sounds interesting
smickles: what is with mpoebot recently, i've been noticing more time when it's not offering
taub: mpex really could use a facelift
taub: doesnt really work on prmoting itself either!
smickles: taub: consider that that website is not mpex
jurov: that's as much facelift as we'll ever get
taub: black as my soul :)
smickles: mpex is the exchange, it's not like the nyse tradefloor has a web portal
jborkl: MPEX could not be easier to use, once you learn how to use it
jurov: but i guess, if someone creates nifty css for it, i can serve it on mpex.coinbr.com
Bugpowder_: I liked the coffee theme with the rounded edges.
Bugpowder_: taub, mpoe bot has been flaky the last few days
Bugpowder_: if you wait around for 15 minutes, bid and asks will probably show up
jurov: overloaded by the volatility, its model converges slowly?
Bugpowder_: maybe? frankly I'm surprised its not out of captial
jurov: or the slave girls can't keep up :)
smickles: well, it's capital is mpbor + mircea's wallet
smickles: yeah, he's 'lender of last resort'
jurov: it didn't happen so often recently, but he's still there
smickles: well buy my offerings if mpoebot isn't there
jurov: anyway seems it arrived
smickles: got my new laptop-bought-with-bitcoins
Bugpowder_: I'm still waiting on a shipment for over 2 weeks from bitcoinstore.com
assbot: [MPEX] [O.BTCUSD.C310T] 2 @ 0.60574691 = 1.2115 BTC [+]
jurov: ^ selling a bit of my stash every day
taub: whose bot is it that puts up the options? :D
smickles: soebot is much smaller than mpoebot
deadweasel: Bugpowder_: you got that affiliate link/ invitation code for CoinBr?
deadweasel: I want to check it out, and I want you to get paid for all your PR.
jurov: heh. no other user around?
jurov: ... and fund it. no refcode access without funding :D
jurov: or maybe i can give you special evangelist account?
deadweasel: special account that charges more fees :)
deadweasel: jurov, how many users you have on coinbr nowadays?
jurov: but can't he earn more than 1BTC/year, srsly?
taub: what does the T and N mean at the end of the option names?
jurov: T expire this month , N next
taub: ok, but you can exercise them anytime right
jurov: yes. just usually its' better to sell to mpoebot than exercise
taub: yea 24h price seems to make it hard to use for short term speculation
jurov: smickles what? u wanna beer?
gribble: User 'smickles', with keyid EA62D7CEB2450C3F, fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6, registered on Mon Jun 20 12:24:35 2011.
http://bitcoin-otc.com/viewgpg.php?nick=smickles . Currently not authenticated.
Bugpowder__: Anyone interested in a Vegas meetup at some point?
smickles: I am if I can get away for a weekend
Bugpowder__: I was thinking of getting a suite at the Aria with some friends that I got into bitcoin
jurov: anyone else wants a beer?
Bugpowder__: send beer here : 15P1P2XXtB3ANXzKM9a3WsAYwWBQMQS8S8
deadweasel: send single malt here: 1GdtkZzhZTzBssUq6bnE27cz4rv5SJ4sr5
benkay: makers here: 1PKN13yoE1djfh7c4frx5kjiUhTRABkCxZ
deadweasel: Bugpowder__: got that evangelist account link yet?
taub: 1CbcoatRNRj3tGY9G6nXqf143o8Vzd4rmA cheers
jurov: he did not ask. but got a beer instead
jurov: cheers! round closed.
deadweasel: Bugpowder__: np, thanks! just msg me when you get it, i'l use it when I get home.
jurov: basically the bet was a hedge to back iDiff-O offering
jurov: but things went lucky so that diff law low when iDiff expired and jumped up before the bet resolved
jurov: btw, your depiosit was credited
assbot: [HAVELOCK] [VTX] 1 @ 0.7381 BTC [-]
kakobrekla: was it credited with the beer money? :)
jurov: mp should prolly replace NAT.ROUTERS with S.BEER
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [-]
deadweasel: jurov: just funded my account. nice I like the logo!
jurov: but it's also warning, don't heed the calls of the sirens :)
deadweasel: strap me to the mast with rope, plug your ears with seaweed, and ROW ON!
MJR_: i had all my friends stuff wax in their ears, but i just tied myself to the mast
MJR_: high five for odyssey references
assbot: [MPEX] [S.MPOE] 7431 @ 0.00063815 = 4.7421 BTC [-]
deadweasel: To all passthrough operators: Have your largest gains come from IPO offerings?
assbot: [MPEX] [S.MPOE] 6419 @ 0.00063815 = 4.0963 BTC [-]
assbot: [MPEX] [S.MPOE] 15184 @ 0.00064816 = 9.8417 BTC [+]
mircea_popescu: <jborkl> MPEX could not be easier to use, once you learn how to use it <<< this.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10895 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009989 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07287477 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07282198 BTC [-]
deadweasel: dub... i just know how to enjoy it, not spell it.
assbot: [BTCTC] [ASICMINER-PT] 27 @ 0.74001 = 19.9803 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]
Bugpowder__: nobody taking me up on the asicminer offer
deadweasel: also isn't AM rather over-valued now that they are paying themselves?
dub: deadweasel: yeah pretty good stuff, I've got one of the oaked expression s
jcpham: what is the asicminer offer
deadweasel: i had that last, good stuff. but then I had the 12, and remembered why it's more.
Bugpowder__: "WARNING: This OP's account was well known and active on the Something Awful forums, in the anti-bitcoin threads in both GBS and YOSPOS (the username was changed recently). Everything /u/PaidGovernmentShill is saying should be treated with extreme skepticism until ample proof is given."
deadweasel: jcpham: offer to lend Bugpowder__ your AM shares, he pays you 1.05x divs
dub: deadweasel: not sure
mircea_popescu: don't tell me somethingbawful is stupid enough to imagine
assbot: [MPEX] [O.BTCUSD.P750T] 8 @ 0.05118997 = 0.4095 BTC [-]
deadweasel: time to leave work. adios y'all! keep makin' money!
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07284474 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 7 @ 0.05055601 = 0.3539 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07324674 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 7 @ 0.05005851 = 0.3504 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.744 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.743 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.742 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.741 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73801 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.738 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7191 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.695 = 1.39 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.6502 = 13.004 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6501 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.6501 = 1.9503 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.61002 = 1.8301 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 19 @ 0.6 = 11.4 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.59998 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.7056 = 1.4112 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.7 = 2.1 BTC [-]
Bugpowder__: so much for borrowing asicminer and selling for .85
dub: yo, anyone want to borrow some asicminer?
KRS1: bugpowder: do you have a link to your asicminer offer?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.69999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
KRS1: borrow some asicminer?
toffoo: Bugpowder__: I've been thinking about replying to your offer
toffoo: i guess there's still some bids on bitfunder,
toffoo: but with all the manual movements, pt creatations, etc. you probably won't be able to do anything too fast
KRS1: i don't know enough about this, im still trying to structure my investment
Bugpowder__: I'd rather just deal with existing PT funds
toffoo: right, i'd have to create them, i got the real things
gribble: BTCUSD ticker | Best bid: 77.39000, Best ask: 77.44000, Bid-ask spread: 0.05000, Last trade: 77.39000, 24 hour volume: 58618.02997539, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.81664
ThickAsThieves: I leave you guys for a few hours and you can't even get the price to 80? cmon
gribble: Current Blocks: 228159 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1664 blocks | Next Difficulty In About: 1 week, 3 days, 8 hours, 2 minutes, and 58 seconds | Next Difficulty Estimate: 6975914.74409 | Estimated Percent Change: 4.18303
dub: buttfunder is even harder than btct
assbot: [MPEX] [S.MPOE] 1000 @ 0.00063516 = 0.6352 BTC [-]
assbot: [MPEX] [S.MPOE] 7200 @ 0.00062873 = 4.5269 BTC [-]
dub: you need a weex account, tickle ukyo's balls, expose yourself to serial scamee DT
Ukto: dub: how is bitfunder hard?
Ukto: and wha serial scams are you refering to ?
dub: don't you need an acct on weex to use bf?
Ukto: correct. what about that is "hard"? unless clicking some buttons is "difficult"
dub: well its an extra account to have for no appreciable reason
Ukto: there are many reasons
Ukto: ranging from security and so on
mircea_popescu: Ukto what's your take on the entire fincen thing btw ?
Ukto: mircea_popescu: its great news.
Ukto: weex is not in the us
dub: also you have to trust some guy with an anime avatar.. sheesh
Ukto: dub: evil world dominating anime avatar
Lyspooner: mircea_popescu have you said anything about fincen yet?
Ukto: fincen has shown it will not make an enemy of bitcoin and specified how to do it legal
mircea_popescu: Lyspooner yes. i have said "here is fincen saying what I said back in october and all the reddit "lawyers" laughed at"
Ukto: well, they require licensing if your a us based exchange.
Ukto: thats really about it
Ukto: they tried to touch on directly selling ecurrenc for $$ (local/direct trades)
Ukto: but they cant really enforce it.
Ukto: i think it was put in there to make someone shut up
Ukto: who was bothering them
MJR_: fuck that was a boring day
Ukto: its like how copying vhs's was illegal
benkay: and let's be real here for a half damn second if you want to play in this space in the us it means licensing
benkay: anyone who says otherwise and tries to operate out of the us will likely get their face stomped in
benkay: you'll note that most people in the space are operating from *outside* the us
benkay: there are some idiots here who are doing things to some degree or another
benkay: but nobody playing in the big bad scawwy assets space
benkay: herr popescu aside but see above
gribble: BTCUSD ticker | Best bid: 77.77125, Best ask: 77.98000, Bid-ask spread: 0.20875, Last trade: 77.98000, 24 hour volume: 60339.76121126, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.84286
_Cristian: you mentioned him earlier and I was curious to find out more
Bugpowder__: Ukto, so if I buy puts on ASICMINER on bitfunder. When I execute the puts, do I get the difference between the last price and the strike price or what?
benkay: bugpowder it's a 24hr vwap
gribble: BTCUSD ticker | Best bid: 78.12474, Best ask: 78.20340, Bid-ask spread: 0.07866, Last trade: 78.12474, 24 hour volume: 60030.23352097, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.85850
benkay: _Cristian you have to make that call on your own
mircea_popescu: "A cat can survive fall from height of hundreds of Cheap Ray Bans Glasses feet."
benkay: did you read about the guy running loads of free porn sites to drive up pageviews on his health sites for impressionfraud?
benkay: itty bitty little iframes all over the porn sites
Ukto: Bugpowder__: sorry in depth programming atm
benkay: programmed to make 1 visitor to the porn site look like 1 visitor exploring the other sites
Ukto: Bugpowder__: if you execute a put, you get (amount) * (strike price[aka trade price])
Ukto: depending on if its a call or a put
Bowjob: i got richer while i slept
Bowjob: i know, i should be sleeping normally at this hour
Bowjob: UPS charged me an exorbitant fee for my headphones, grr
Bowjob: not much like you guys, only have a few btc
Bowjob: but that $21.00 brokerage stung. wtf
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.07590368 = 0.1518 BTC [+]
benkay: whatchoo talkin about bowjob?
benkay: broker fees on coinbr?
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.699 = 2.097 BTC [-]
Bowjob: nah, UPS.. I got something shipped
Bowjob: If it was USPS there wouldnt be brokerage
benkay: what do you mean by brokerage?
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.7 = 4.2 BTC [+]
dub: possibly customs brokerage though
dub: theres an insidious form of idiot tax I've encountered where customs try to push you through a brokerage to pay sales tax
gribble: There are currently 11005.086 bitcoins demanded at or over 75.0 USD, worth 834370.275355 USD in total. | Data vintage: 15.6584 seconds
dub: as are european ones
benkay: us market topped in july
benkay: btc bubble popped in oct
dub: not sure that was related to any market
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [+]
dub: other than the one that got hacked, had all its coins sold off and destroyed confidence in btc in generall
jurov: everyone waits for govt to verify them
jurov: it's drive by eu atm
benkay: listen to the orthodoxy
jurov: so this rally last 2 weeks is caused by usd doing something?
jurov: there should have been a peak in also 2009 then, no?
assbot: [BTCTC] [ASICMINER-PT] 100 @ 0.65 = 65 BTC [-]
jurov: so you are shorting, right?
Bugpowder__: looks like you are having trouble predicting the past
jurov: now why do you think that is?
jborkl: so by your terms, bitcoin will stop going up when the fed stops printing money, which will be never
jborkl: both US stocks and BTC will top out roughly the same time
jurov: and where else will the money go to, then?
jborkl: that is what you said, which is patently wrong
jurov: the herd will start buying usg bonds? puhleaze
jborkl: 800 million market cap for bitcoins, in the world economy is exactly shit
jborkl: network hash rate is more important and adoption
jurov: what fundamentals it did have?
jborkl: Friday is coming up- worried about your options?
Lyspooner: how many of the 60,000 75puts did mircea_popescu buy?
jurov: certainly did not have an adoption in 2011
jborkl: dollar liquidity is a oxymoron
jurov: how can dollar liquidity tighten i current situation, i ask again?
jurov: and 2012 was adoption by scammers, real business adoption started only in recent months
jborkl: pointless argument, deflactionary currency compared to static supply
jurov: but how will credit contract? all these bad mortgages will magically get repaid?
jurov: or bernanke will burn heaps of usd bannotes?
jborkl: add more 0'z to world debt
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.7 = 4.9 BTC [+]
jurov: ELI5 what is the credit contraction you're esposuing
Diablo-D3: no one cares about the dollar anymore
Diablo-D3: he does NOT report to the treasury
Diablo-D3: the federal reserve is NOT part of the treasury
Diablo-D3: [05:48:50] <tiberiusiv> bernanke can only create dollars as long as the treasury market lets him.
TheSeven: this channel is tripping my spam protection bot's flooding threshold :P
Diablo-D3: [05:48:50] <tiberiusiv> bernanke can only create dollars as long as the treasury market lets him.
jurov: "Credit contractions are attempts to minimize or limit the amount of credit that is currently available to consumers." <<< but it's NOT possible anymore
Diablo-D3: the federal reserve does not issue bonds, so I dont understand what you're getting at
jborkl: they can't stop , or the bond traders don't get paid $20 mil for the year
jborkl: so, they don't give a shit
Diablo-D3: bernake reports to the 5 largest banks in the world
Diablo-D3: (which also happen to be the 5 largest banks in the US)
Diablo-D3: tiberiusiv: no, if he doesn't do what hes told by the federal reserve board he is fired and replaced
Diablo-D3: the 5 largest banks tell him to keep printing money illegally
Diablo-D3: the federal reserve does not have authorization from the US Federal government to print money
jurov: i repeat, bernanke can't get away with not extending credit anymore
jborkl: and who exactly rates AAA credit? LOLOLOL
Diablo-D3: the two largest bond rater agencies are afraid of lowering the US credit rating
Bugpowder__: "21.19 Cyprus Finance Minister Michael Sarris has said uninsured Laika depositors could face an 80pc haircut, and might have to wait up to seven years for a payout."
ThickAsThieves: worst thing about putting someone on ignore is when no one else does
Diablo-D3: ThickAsThieves: you ignored tiberiusiv?
ThickAsThieves: when i dont understand whats going on i have to turn him back on
Diablo-D3: tiberiusiv refuses to read the constitution
gribble: Next difficulty estimate | 6940247.63172 based on data since last change | 7288653.72639 based on data for last three days
gribble: BTCUSD ticker | Best bid: 78.49000, Best ask: 78.49001, Bid-ask spread: 0.00001, Last trade: 78.49001, 24 hour volume: 61542.22530806, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.94045
Bugpowder__: the market says Treasuries are safe relative all the other shit out there
jborkl: dollar printing is highest in history
Bugpowder__: tiberiusiv: if you can get away with it, why not
Namworld: Who needs taxes when you can print money?
Bugpowder__: gov will run up the debt until market forces them not to
Bugpowder__: there is no credible alternative reserve currency
jborkl: so your argument for bitcoin is wrong - as you just stated
jborkl: can not rise, because interest rates would go up- then they can't pay the bills- already in a death spiral
jborkl: so, peoople are going to sell bitcoins to convert to $ to pay bills?
Bugpowder__: I really think that BTC is not being driven by macro liquidity right now, but speculative fever and capital flight
Diablo-D3: Bugpowder__: I believe it is liquidity
Bugpowder__: it is an implausible reserve currency, that gains a little more traction each day.
jurov: tiberiusic, so you really think ppl will start selling btc and buying US treasury bonds anytime???
Bugpowder__: anyway. Nobody cares that cyprus just said 80% haircut over 100k now?
jurov: you imply they will
jborkl: I am not concerned with price movement now, I got in - if it goes back to 30 or 40 w/e
gribble: There are currently 36649783 bitcoins demanded at or over 0.0 USD, worth 9609689.18993 USD in total. | Data vintage: 0.0173 seconds
jborkl: well, if I need my btcoins next week I will worry about it then
Bugpowder__: asset correlation approaches 1 in periods of crisis
jurov: yes everyone has poor understanding, except you
jborkl: Jurov, I guess you are a dumbass
jborkl: how many Bitcoins do you have Jurov- seem to doing ok I think
jurov: well, whole notion that ppl will sell en masse btc to buy us tresury bonds seems utterly ridiculous
jurov: they will use all fiat and other assets to do so , not btc
Bugpowder__: tiberiusiv: the problem I have is that half of what you are saying makes perfect sense, but the other half is taking things quite a bit past what I consider reasonable
jborkl: oyu think - sp500 and bitcon price are related
jborkl: you can read anything into a chart
jurov: yes but you reason that the correlation is caused bby credit contractions and us treasury bonds
jurov: nice, so you've got two data point?
Bugpowder__: Your explaination would make more sense if BTC was already established, had a market cap of >10BB
Bugpowder__: I think other forces are driving BTCUSD here
Bugpowder__: now these forces may be correlated to a macro sentiment shift
jborkl: World economy over $70 trilliion
jborkl: you shut up with nonsense
MJR_: tiberiusiv: i think we are all adults and know what we are doing
MJR_: srsly, for someone who hangs out in btc forums...he is constantly going on about how bad of an investment they are
MJR_: oh no, i'm scared of volatility
Bugpowder__: It's almost time for a ponzi chart update.
jurov: yes, only if he could be baited to short... but no
MJR_: i'm like just go short if you are so bearish
MJR_: the most annoying people in the world don't practice what they preach
Bugpowder__: I express all my investments as shares in a 'fund'
jborkl: maybe he should have shorted it with iambakell
MJR_: he offered smickles a bet that was without escrow two years from now
Bugpowder__: I don't think I can legally offer investments outside of that group
MJR_: its a grey area...investment pools have different regulations from something offered to the public or qualified invvestors
MJR_: anyone know of a fix library for python?
MJR_: fixlib seems to be broken somehow
assbot: [MPEX] [S.MPOE] 4068 @ 0.00063341 = 2.5767 BTC [+]
assbot: [MPEX] [S.DICE] 2555 @ 0.00449992 = 11.4973 BTC [-]
assbot: [MPEX] [S.DICE] 400 @ 0.00449997 = 1.8 BTC [+]
assbot: [MPEX] [S.DICE] 800 @ 0.00449998 = 3.6 BTC [+]
assbot: [MPEX] [S.DICE] 2879 @ 0.00449999 = 12.9555 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01501 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.015 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.68 = 6.8 BTC [-]
assbot: [BTCTC] [MININGCO.ETF] 1 @ 0.6499 BTC [+]
gribble: Rating entry successful. Your rating of 1 for user diana_coman has been recorded.
assbot: [HAVELOCK] [VTX] 36 @ 0.68 = 24.48 BTC [-]
dub: no girls on internets
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1089 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.68 = 2.72 BTC [-]
Diablo-D3: wow, I think gmaxwell is a shill for bfl
Azelphur: wow, I think Diablo-D3 is a shill for Ubuntu
Diablo-D3: Azelphur: I heard they're ending the ubuntu distro sometime in the next year or two
Azelphur: I didn't hear this, this makes me sad, especially as I'm currently wearing my Ubuntu tshirt
Diablo-D3: yeah, they wanna focus on being a hardware… whatever it is they think they're doing
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6501 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 100 @ 0.65 = 65 BTC [-]
assbot: [BTCTC] [BTC-BOND] 3 @ 0.009989 = 0.03 BTC [-]
assbot: [BTCTC] [BTC-BOND] 7 @ 0.00999 = 0.0699 BTC [+]
jurov: btw, someone asked how many customers coinbr has
jurov: it's between 50-100 active accounts
jurov: but whole coinbr is bigger that bitfinsex by a healthy margin
MJR_: huh, they are really ending ubuntu?
iz: i parsed "bitfinsex" incorrectly when scanning this scrollback..
assbot: [BTCTC] [ASICMINER-PT] 60 @ 0.7 = 42 BTC [+]
dub: Diablo-D3 is right gmax is a bfl shill
Diablo-D3: dub: er, since when did you agree with me on anything?
dub: I've been banned from -mining for >6 months for suggesting their shipping schedule may not be accurate
assbot: [MPEX] [S.MPOE] 5650 @ 0.00063879 = 3.6092 BTC [+]
dub: presumably he is getting paid in blowjobs from Luke-Jr
dub: or some other bfl shill PT
Diablo-D3: Im just going to stand back and let the whole thing collapse, really
Diablo-D3: people sometimes just refuse to learn
KRS1: i never understood the need for ubuntu *cough debian* anyway..
Diablo-D3: Ive been using debian for like 15 years
KRS1: glad to hear that..one less linux distro
dub: debian is good for when you want to actually use linux and not just be a douche
Diablo-D3: although I dont like how they're discussing moving to systemd
Diablo-D3: if that happens, I think I may jump to alpine =/
dub: at some point most people outgrow douchery and realise debian is jesus
dub: unless they are freebsd douches who will always remain so
KRS1: lol sounds like someone didnt ever grow out of their training OS
dub: pray tell what is your preffered *nix KRS1?
KRS1: why tell you so i can be another douche
mircea_popescu: sweet, we haven't had a holy war here in like a month.
jurov: tiberius isn't war... although produced quite a flood tho
jurov: so when bitcoin stops rising there will be credit (among other things) crunch
mircea_popescu: holy war = "apple is better than windoze" "no slackware is better than sarge"
jurov: or was it other way round?
dub: gentoo is the slamming your cock and balls in a door of linux
jurov: yeah feels so gooood
jurov: especially the hardened variety
MJR_: fuck...debian is the purest linux there really is
MJR_: don't know about ubuntu...not a big fan
MJR_: but fuck yum and that bullshit
jurov: debian is fine...but i have to compile newer stuff on it all the time anyway
MJR_: to me it seems like they just reinvent the wheel in a lot of the others
MJR_: or make things so niche that like one guy is like "this is perfect!"
MJR_: but srsly, debian works, its simple and you can make it do anything...just how i like my women
jurov: oh, wasn't debian that fucked the keys? cuz they know better than upstream?
MJR_: but debian is usually as upstream as you can get
MJR_: besides linux kernel
MJR_: not saying the other packages may not be off, but debian can run almost anything
MJR_: <dub> gentoo is the slamming your cock and balls in a door of linux :)
MJR_: i srsly don't get why not just fork debian and make apt-get do what you want...why create yum and rpl etc
MJR_: its like saying i'll start a new distro but i don't like cp
MJR_: i'm gonna make mine called rad or whatever
dub: its simpler to think of it like this: Some people use linux as a tool to accomplish their work, som use it because they are tools who don't have a job.
MJR_: trolling multiple people with very little effort
MJR_: if you are very good at linux...you don't have a job because you don't want one, or you are so annoying that no one can possibly work with you...at least in the US
jurov: well, in the beginning there was One Unix....errr no... there was actually sysv and bsd...
MJR_: although sysV was first
MJR_: so you could say that in the beginning there was one
jurov: well.. and that one was horrible hack for decommissioned microcomputer
jurov: so everyone was like we must fix it
MJR_: yep...and i believe it was private...or was that the one before
MJR_: and wasn't it for DEC hardware?
unbalanced_: Bugpowder: just caught up. 80% haircut for "rich" Cypriots (a minority that won't march in the streets) and foreigners (EU/Russian retirees who saved all their lives but don't vote in Cyprus)... oh and Russian mafia, apparently
unbalanced_: Easy out for politicians. And they wonder why suddenly normal citizens look at something like Bitcoin and say "Tell me more"
jurov: russian mafia = russian state enterprises. medvedev said loudly
unbalanced_: Bugpowder was wondering why no one replied way above.
mircea_popescu: past this point it is irresponsible to keep wealth in banks/fiat.
jurov: even if not 80% , it will be paid years later.. so effectively 80% can be
unbalanced_: Like the Cyprus "solution", Florida has something similar for foreigners who buy retirement homes: out-of-state owners of Florida property apparently pay higher property taxes than their neighbours. Because they can't vote.
gribble: BTCUSD ticker | Best bid: 83.74544, Best ask: 84.20000, Bid-ask spread: 0.45456, Last trade: 84.20000, 24 hour volume: 67420.00585510, 24 hour low: 75.00000, 24 hour high: 83.00001, 24 hour vwap: 78.64965
Namworld: Moving up... we better reach 100...
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.09644283 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.11551977 BTC [+]
Chaang-Noi: yeah 100 is almost a sure thing now :/
gribble: There are currently 20890.923 bitcoins offered at or under 100.0 USD, worth 1975762.01088 USD in total. | Data vintage: 0.0018 seconds
gribble: There are currently 19647.357 bitcoins offered at or under 99.999 USD, worth 1851405.41114 USD in total. | Data vintage: 4.9117 seconds
toffoo: what happened to ASICMINER's other 6TH? wasn't it supposed to be 12 TH in the first batch?
Chaang-Noi: order book on gox with bids showing is like 8 million fiat
Chaang-Noi: they have had some issues but are not clear
mircea_popescu: toffoo the worst case scenario is that their chips keep blowing up
Chaang-Noi: tehy dont have batch 2 chips yet, but they could ahve fucked 50% of batch one
toffoo: weird how they haven't addressed this pretty critical question
Chaang-Noi: they dont need more funding so why do they care?
assbot: [MPEX] [S.DICE] 2409 @ 0.00448 = 10.7923 BTC [-]
mircea_popescu: originally their gear was going to be sent to upstanding community members for review
gribble: BTCUSD ticker | Best bid: 83.90001, Best ask: 83.95000, Bid-ask spread: 0.04999, Last trade: 83.95000, 24 hour volume: 69002.42552111, 24 hour low: 75.07009, 24 hour high: 84.39000, 24 hour vwap: 78.78080
mircea_popescu: the only logical conclusion is there's something wrong with it.
toffoo: well I hate to jump to uninformed conclusions
toffoo: I thought it might have been mentioned in that monster forum thread,
mircea_popescu: this is not jumping to conclusions. this is the correct assumption process in business.
toffoo: but I figured I'd ask here before wading thru it
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.0996075 BTC [+]
mircea_popescu: somebody owes but doesn't pay the assumption is they're insolvent.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.699994 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.699995 = 1.4 BTC [+]
Chaang-Noi: toffee friedcat has said networking problems
assbot: [MPEX] [S.MPOE] 15000 @ 0.00062582 = 9.3873 BTC [+]
toffoo: where did he say that?
toffoo: I thought the networking problems when there was like 3-4 TH online
toffoo: I don't think I've ever seen more than about 6 TH hashing
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.11289001 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.09385556 BTC [-]
gribble: Next difficulty estimate | 6742223.56791 based on data since last change | 7150229.48926 based on data for last three days
gribble: BTCUSD ticker | Best bid: 82.51000, Best ask: 83.95000, Bid-ask spread: 1.44000, Last trade: 83.95000, 24 hour volume: 69655.64712248, 24 hour low: 75.07101, 24 hour high: 84.39000, 24 hour vwap: 78.82830
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.699995 = 7 BTC [+]
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.2930763 = 293.0763 BTC [+]
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.26346639 = 263.4664 BTC [+]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.2344069 = 234.4069 BTC [+]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.20614959 = 206.1496 BTC [+]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.17899591 = 178.9959 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.15327667 = 153.2767 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.11738822 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 999 @ 0.12932122 = 129.1919 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.09803797 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 999 @ 0.10742235 = 107.3149 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.11786429 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.09845581 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.13 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.7 = 4.9 BTC [+]
gribble: There are currently 3087.7011 bitcoins demanded at or over 78.72 USD, worth 247621.614442 USD in total. | Data vintage: 0.0070 seconds
gribble: There are currently 2434.4015 bitcoins offered at or under 85.0 USD, worth 205945.63073 USD in total. | Data vintage: 8.3875 seconds
gribble: There are currently 21113.042 bitcoins offered at or under 100.0 USD, worth 1990189.832 USD in total. | Data vintage: 16.7081 seconds
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.29329496 = 293.295 BTC [+]
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.26368397 = 263.684 BTC [+]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.23461956 = 234.6196 BTC [+]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.20635286 = 206.3529 BTC [+]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.17918507 = 179.1851 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.1534473 = 153.4473 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.12946978 = 129.4698 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.09599945 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 999 @ 0.10754662 = 107.4391 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.10754662 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.09599945 BTC [-]
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.29351269 = 293.5127 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.10766303 = 107.663 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.12961161 = 129.6116 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.15361245 = 153.6125 BTC [+]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.17936998 = 179.37 BTC [+]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.20655301 = 206.553 BTC [+]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.23483005 = 234.8301 BTC [+]
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.26390011 = 263.9001 BTC [+]
Namworld: mircea_popescu... I think there's demand for more calls
Chaang-Noi: expecting moon shot well over 100 maybe
Namworld: but they have less of a premium too
mircea_popescu: then again traditionally options have been trading like crazy past few days of each month.
Chaang-Noi: hmm, well if they expect 100 soon very soon then its a good deal
mircea_popescu: where long is anything over a week, in the sense tuesday to saturday is a week
Namworld: they're in the money if average moves like to 82-85 USD per BTC
Namworld: if price doesn't move it's even/small loss
Namworld: if price go down it could hurt tho
Chaang-Noi: meh 5000 btc seems worth the risk here
Namworld: If price makes a sudden drop, executing them is always an option to cut losses.
mircea_popescu: last week i was excited about goiing over 300k notional which was like 20mn
Namworld: options are usually in favor of the bot
Chaang-Noi: the grandma of the cat in tyhe looney toons was tossing money into a fire?
Namworld: MPEx options bot ran out of funds it seems
Namworld: Well the asks/bids aren't for 1000 everywhere
mircea_popescu: bitcoinity is basically an engine of displaying how sucky mtgox is
Chaang-Noi: but there was a cartoon of a lady burning usd when we jumped about $2
assbot: [BTCTC] [BTC-BOND] 10 @ 0.00999 = 0.0999 BTC [+]
Namworld: Well one last round of options to grab and it's gone
assbot: [MPEX] [O.BTCUSD.C610T] 987 @ 0.29418438 = 290.36 BTC [+]
assbot: [MPEX] [O.BTCUSD.C690T] 995 @ 0.18001586 = 179.1158 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 995 @ 0.15422494 = 153.4538 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 955 @ 0.13017969 = 124.3216 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 689 @ 0.10817751 = 74.5343 BTC [+]
Namworld: MPOE shares trade an average of 700k daily...
Namworld: They're around or on the forum everywhere =/
Namworld: It's people with thousands of BTCs >.>
Namworld: No one with 1-2 BTC is on MPEx
Namworld: Brokers hardly represent a fraction of trades
Namworld: and SatoshiDice owner could certainly vouch funds he raised are actual...
Namworld: The large traders are hardly standing around all day in IRC. They don't even know about it.
Namworld: I have funds loaned to me. The big people are not on bitcointalk nor on IRC.
Namworld: I've never talked to them before receiving the BTC or anything.
Namworld: For any purpose I wish. Personal loan.
mircea_popescu: amusingly enough, large call buy put a top in the market.
mircea_popescu: actually, i wonder how many people are doing the "sell 1k btc at mtgox, buy 1k worth of calls on MPEx" hedging thing.
Namworld: I'm one of the trader on MPEx. A few of the 1000s calls were my transactions.
Namworld: Bugpowder was probably responsible for a few others
Namworld: Most are just not going to come in IRC...
Namworld: Not sure why you'd expect that. The more funds people have, the less time they have to do things like have idle chatting in IRC.
unlord: how do I buy shares on MPEx
Namworld: Get an account. They cost 30 BTC tho =/
unlord: Namworld: is there a no load way to purchase?
unlord: Namworld: 30 is too high a price to pay
Namworld: tiberius, I'm not sure why being Romanian is such an issue, other than the added risk legal recourse is not really an option.
Namworld: With that logic, no romanian cannot be a scammer...
mircea_popescu: there were two such distributyions in march and april 2012.
mircea_popescu: shares sold for 9k satoshi (1mn) and 2.x k satoshi (4mn)
Chaang-Noi: tiberslav is nigerian, he is juyst jelly of mps scamming skillz
Namworld: Well I must say he could stop posting NSFW links in an assets channel tho...
unlord: mircea_popescu: what did I miss?
Chaang-Noi: this really should be a sfw chan, if photo is not sfn just tell people
unlord: mircea_popescu: well I wasn't really into BTC back then
mircea_popescu: anyway, you can prolly talk to a broker pay whatever they charge as a % fee
Namworld: yeah I'm not sure it's due to options
mircea_popescu: Namworld the coincidence is there. what's it due to we'll never know.
mircea_popescu: and peeps, stop hating on pron. the solution is to get the girls naked at your office, not to remove pron form the workspace.
Namworld: looking at last few days on hourly setting, I'd say it looks like normal variation
unlord: mircea_popescu: do shares have their own block-chain structure?
unlord: mircea_popescu: how do you demonstrate ownership?
Uglux: hmm price follows version number of bitcoin-qt ^^
mircea_popescu: on mpex ? you get gpg signed receipts for trades / acct statements
unlord: mircea_popescu: thanks
mircea_popescu: net effect of like 25k notional ? 25 minutes worth of calm.
gribble: There are currently 1362.753 bitcoins offered at or under 85.0 USD, worth 115519.937878 USD in total. | Data vintage: 0.0013 seconds
Chaang-Noi: once btc gets to $300 or so im going to antartic
Chaang-Noi: yeah, $300 is when my vacation fund gets = to anartica trip
Chaang-Noi: think satalite internetz will work down there?
mircea_popescu: well... i got meetings and shit. please don't break anything.
Chaang-Noi: toffoo lol 30 eyar old sigh seeuing trip
Chaang-Noi: i want to land and play in the fucking snow
gribble: BTCUSD ticker | Best bid: 83.96000, Best ask: 84.03865, Bid-ask spread: 0.07865, Last trade: 84.03865, 24 hour volume: 72686.59783658, 24 hour low: 75.20000, 24 hour high: 84.50000, 24 hour vwap: 79.09585
gribble: There are currently 1390.7625 bitcoins offered at or under 85.0 USD, worth 117911.596115 USD in total. | Data vintage: 0.0013 seconds
gribble: There are currently 4093.0673 bitcoins offered at or under 89.9 USD, worth 355267.961904 USD in total. | Data vintage: 1.4320 seconds
Uglux: hm will there be an AM div today?
bgupta: since it's a) not a full week, and b) the first div to factor in all 400k shares.
Chaang-Noi: small for asicminer standards, a massive fucking div for wallstreet standards
unlord: Chaang-Noi: they are not listed on mpex
Chaang-Noi: no one on wall street will give out .25% of thier company weekly
Uglux: I would rather like to see an update about that mysterious delayed +6TH, not hashing silently somewhere for someone else ^^
Chaang-Noi: however PTs on btct.co and bitfunder.com
mircea_popescu: Uglux it's unlikely to be hashing anywhere, cause of total networkoutput
unlord: Chaang-Noi: how does one invest in them?
bgupta: however bear in mind.. most "wall street divs" are paid by stodgy companies, that have stable predictable earnings, so there is a premium paid for that so that the yield ends up being really low.
Chaang-Noi: but the pt at the linked sites or buy OTC on the tthreads i nthe forum at bitcointalk.org
unlord: Chaang-Noi: I hold producing assets
Chaang-Noi: i hold BTC/LTC/AM and then for my 10% shit hits the fan (gold and silver)
Chaang-Noi: im not trying to make money off of gold and silver, im using it as a protection from inflation or other crazyness like ww3
unlord: I guess you know my finances then
Namworld: the percent might be small but remember that product price and share price increase with inflation
Namworld: So I'm not sure about inflation's impact
unlord: tiberiusiv: okay, so that last statement is just wrong
unlord: tiberiusiv: what are you using to measure inflation?
unlord: lol, I thought you just told me it hadn't moved in 20 years?
unlord: I assumed you knew the stock price then
Namworld: tiberius... do an average of the price
unlord: okay, sure, but I didn't buy in 1998
Namworld: It was higher in the 90s but overall, long term, it grows
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.7 = 4.2 BTC [+]
bgupta: are you guys factoring in KO dividends being reinvested in buying more KO shares?
bgupta: beats a savings account
unlord: tiberiusiv: its expanding outside of the US at a crazy rate
unlord: tiberiusiv: per capita consumption is still pretty low outside the US
unlord: and there are a lot more people outside the US than inside
assbot: [HAVELOCK] [VTX] 20 @ 0.6 = 12 BTC [+]
Namworld: yeah, which kinds of makes it safest, albeit near 0 return
Namworld: it beats holding fiats, compensates for inflation
unlord: tiberiusiv: since I bought KO, I'm up 150% factoring in dividend reinvestments
unlord: that has to beat whatever nominal inflation we've had
unlord: dude, did I insult you on here?
unlord: is this an investment channel or a speculation channel?
gribble: BTCUSD ticker | Best bid: 85.30000, Best ask: 85.33531, Bid-ask spread: 0.03531, Last trade: 85.30000, 24 hour volume: 74342.86175279, 24 hour low: 75.20000, 24 hour high: 85.30000, 24 hour vwap: 79.27222
bgupta: so I am guessing next AM div will be just shy of 1 bitcent.
Namworld: You infer the biggest things on every littlest changes/details in anything... what's up with that tiberius?
assbot: [BTCTC] [B.YABMC] 1 @ 0.01451 BTC [-]
bgupta: I want to invest in the company making bitcoin atms.
gribble: BTCUSD ticker | Best bid: 86.30643, Best ask: 86.97999, Bid-ask spread: 0.67356, Last trade: 86.30643, 24 hour volume: 75359.24546426, 24 hour low: 75.20000, 24 hour high: 86.97748, 24 hour vwap: 79.38315
dub: #bitcoin-analysis has some chart jockeys
Bowjob: 2 more days until ianbakewell's scam of truth
Namworld: 600 BTC loaned to short them...
Namworld: thank god I didn't short them...
gribble: BTCUSD ticker | Best bid: 86.40000, Best ask: 87.60000, Bid-ask spread: 1.20000, Last trade: 87.69990, 24 hour volume: 75777.12278574, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 79.42575
Bugpowder: mtgox hasn't credited my BTC deposit for 8 hours
Bowjob: are there calls for sale?
assbot: [BTCTC] [GSDPT] 15 @ 0.00449 = 0.0674 BTC [-]
assbot: [BTCTC] [GSDPT] 7 @ 0.00458 = 0.0321 BTC [+]
Bugpowder: he may have just turned off the sales though
Namworld: there was like a set of options with less than 1000 put up
Namworld: I think it's just out of funds.
Namworld: look the asks, they're not 1000s stacks
Namworld: and some have been sold out for a while
Namworld: Some are a few hundres or less
assbot: [BTCTC] [GSDPT] 18 @ 0.00459 = 0.0826 BTC [+]
Bugpowder: "Thank you for your email. It appears that due to network congestion there is a Lag and this should be rectified in the next 24hrs and we will keep you updated on the status and we apologize for the inconvenience that this may have caused. Let us know if you would require any further assistance regarding this issue."
Bugpowder: well at least they sent an email reply in < 5 minutes
Bugpowder: I'm starting to think 100 is in play this week
Bowjob: or move to single digits again
Bugpowder: how much of this price rise is due to "network lag" at mtgox deposits.
toffoo: what's the price gonna do if deposits aren't credited?
Bugpowder: mtgox is fucking great for volatility
toffoo: something breaks pretty much every day
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7 = 2.1 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]
assbot: [MPEX] [O.BTCUSD.C490N] 1 @ 0.54019864 BTC [+]
leotreasure: can anyone tell me what the breakeven price for those options are?
leotreasure: i thought i worked it out to be around $93 but not sure
assbot: Last trade for VTX on HAVELOCK was at 0.6 BTC [+]
assbot: Last trade for S.DICE on MPEX was at 0.00448 BTC [-]
gribble: BTCUSD ticker | Best bid: 85.00013, Best ask: 85.03269, Bid-ask spread: 0.03256, Last trade: 85.50000, 24 hour volume: 76866.50921262, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 79.54180
gribble: BTCUSD ticker | Best bid: 85.00013, Best ask: 85.03269, Bid-ask spread: 0.03256, Last trade: 85.50000, 24 hour volume: 76866.50921262, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 79.54180
Bowjob: someone dumped to 84.50
Bugpowder: but there was a BTC funding lag of 8 hours for me
Bugpowder: maybe they are clearing the pipe for everyone
Bowjob: so you're odne with btc?
Bugpowder: why buy btc when you can buy calls?
assbot: [MPEX] [S.MPOE] 7132 @ 0.00061483 = 4.385 BTC [-]
assbot: [MPEX] [S.MPOE] 8100 @ 0.00060977 = 4.9391 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00060523 = 0.6052 BTC [-]
assbot: [MPEX] [S.MPOE] 15000 @ 0.00060101 = 9.0152 BTC [-]
assbot: [MPEX] [S.MPOE] 10944 @ 0.00060001 = 6.5665 BTC [-]
Bowjob: i wonder whats thew price in a week
assbot: [MPEX] [O.BTCUSD.C630T] 10 @ 0.27399999 = 2.74 BTC [+]
Bowjob: its 90 dollars on canadian bitcoins
Bugpowder: mpoe bondholders are going to get slaughtered
Bugpowder: unless this makes future bondholders skittish
Bugpowder: you underestimate the tenacity of mp
Bugpowder: Not interested in wasting sleep explaining it
Namworld: others tried but were not allowed...
Namworld: BitVPS was... SatoshiDice was...
Bowjob: I have a friend who bought on march 10.. 3 BFL singles
Bowjob: I just told him cancel his BFL orders, they seem scammy as fuck
Bowjob: or am i depriving him of riches
Bowjob: yes.. yes of course. even if bfl ships, the backlog is insane
Bowjob: that he'll get his, idk. 9 months from now
Bowjob: silver gets a smack in the face
assbot: [HAVELOCK] [SDICE] 4 @ 0.474998 = 1.9 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.4749996 = 1.9 BTC [+]
assbot: [HAVELOCK] [KCIM] 2 @ 1.19 = 2.38 BTC [+]
jurov: hi all...coinbr really shows different options prices, will dig it
jurov: Namworld so BitVPS "tried but not allowed" to list on mpex, orly ????
jurov: or what did you mean?
assbot: [HAVELOCK] [SDICE] 2 @ 0.475 = 0.95 BTC [+]
Namworld: [05:08] <Namworld> BitVPS was... SatoshiDice was...
bgupta: saulimus: Are you saying that eurowoes have no impact on btc/fiat ratios? (Or where you talkign to someone else?)
error4733: still 5000 waiting for MT gox confirmation
saulimus: bgupta, I'm saying it's more probable that the price of bitcoin would've risen the same way had the cyprus situation not happened. articles like that make it seem like it's the only reason... because it's the writer's job to find interesting connections.
error4733: FINCEN effect, more than Cyprus imo
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
Chaang-Noi: so i go afk for an hour and we go over 87.7 lol
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.7 = 3.5 BTC [+]
Chaang-Noi: bgupta w3ashington post did a good one too
Chaang-Noi: yeah people are saying cyprus but its not... its FINCEN for sure
Chaang-Noi: but who cares, people going to just expect btc to go way up everytime a bank fail so that if okay with me
Chaang-Noi: should happen every other mopnth in europe alone
bgupta: It's a combination of things creating a feedback loop…
Chaang-Noi: only 21 million evar and everyone wants them all
bgupta: The one question I have is if some large entity, gov't or financial, decided to bet against bitcoin, how effective could they be? I mean are there enough available for loan to really do a big short?
bgupta: well.. in traditional markets selling short is selling.. and can stompt out any rallies, if a large enough position is taken.
bgupta: ?? I can't find many merchants that take litecoin?
Bowjob: you can get run over by a bus too tomorrow
Chaang-Noi: tiberslav is just sad he only has .24 btc he scammed in nigeria
Bowjob: how much btc do u have
Bowjob: and at what price did you sell at
Chaang-Noi: hahahahahhhhhhhhhhhhhhhhhhhhhhahahahahahaahahah my fucking sides
Chaang-Noi: tiberslav no one in their right mind would think you had more than 2 btc
Bowjob: look dude you are trading pennies for dollars
Bowjob: get in now, it hurts but you must accept the fact
Bowjob: you will thank me later
Bowjob: you will wish you bought $100 worth at 90 dollars per btc
Chaang-Noi: tiberslav tiverslav you made me laugh outlouad so hard everyone is looking at me like im nuts now
Bowjob: look its okay if you sold
bgupta: I'm thinking this run of publicity has a bit more legs in it.. however.. not a bad strategy… I sold most ages ago… but kept a few just in case of events like this happening. (fiat woes) It's the same reason I have some gold coins in my safety deposit box.
assbot: [HAVELOCK] [SDICE] 3 @ 0.475 = 1.425 BTC [+]
gribble: BTCUSD ticker | Best bid: 85.96112, Best ask: 86.00000, Bid-ask spread: 0.03888, Last trade: 86.00000, 24 hour volume: 76550.92089328, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 80.04172
bgupta: well you have a 50% shot at being right. :)
Bowjob: bgupta thats not how it works
bgupta: really, I thought mpex allowed that for some reason?
bgupta: a lot is becoming clearer.
bgupta: I assumed that by now shorting would have become a regular part of the economy..
bgupta: It's not really shorting if you can't borrow stuff and dump it.
bgupta: got it.. need to think if options could have any impact on that… what about futures contracts? DO we have those?
bgupta: well that's only an issue due to spreads, right?
bgupta: if you are patient.. you should be able to move in and out, without such a spread no?
bgupta: it's for the large $$$ transactions that kill you.
bgupta: but also 95% of the community aren't rushing for the exits.. the things that really shook the price back in the day where theives stealing wallets and dumping them for fiat.
bgupta: tiberiusiv: depending on who they are, would determine whether that is a good thing or a bad thing.
bgupta: unfortuantely we have no way of knowing
bgupta: I understand that problem.
error4733: they are speculator in BTC land, at some point they will cash out ! no dout
bgupta: there are speculators in every land
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
bgupta: so I had a theory back in the day.. that there are a large amount of coins held by a handful of folks who are acting as guardians of the btc economy…
bgupta: I suspected that as the price went up they would slowly move some of their holdings into fiat, to be able to buy on any major pullbacks.. (That's what I would do if I was a creator of this currency.)
bgupta: they wouldn't have had to sell off much to act as market makers..
jurov: yes, there are whales. but would they use mpex for hedging or sdice for fun? never! (at least according to our tibby)
jurov: i know what happens on coinbr and that they *do* use mpex
assbot: [BTCTC] [ASICMINER-PT] 69 @ 0.7 = 48.3 BTC [+]
jurov: just don't give a fuck about convicing some kid
Namworld: So your balance is like 10k+ or something?
Bowjob: i think tiber is just a troll
jurov: lol tibby completely misunderstood me
Namworld: I thought feeding a troll was getting angry/pissed, since it gives a troll's statisfaction?
Bowjob: nah, giving them attention is enough for tiber
Namworld: Bowjob is all-in bullish as far as I know.
jurov: i'm not gonna repeat it
Bowjob: nah, i still have plenty of fiat
bgupta: hey, I can't claim to know what btc is gonna do… I have a very small position that I plan to keep in the btc economy..
bgupta: my goal is to get more btc than I had before.
Namworld: I actually took a credit to buy BTC at 5 USD/BTC
bgupta: (Without converting any fiat into btc)
Namworld: Although only a few thousands, nothing I wouldn't have been able to repaid.
Namworld: SatoshiDice is a sure way to lose
bgupta: I don't have a lot of btc, so my trades can easily be absorbed by the market.
Namworld: I'm worried about people putting their life savings/maxing credit into Bitcoins at current prices... right after such a steep rise.
Bowjob: tiber you're recomending "proper bet sizing"..
Namworld: Every time I put a few BTC on satoshidice, it's been a lost. Just for fun.
Namworld: I've pulled out great profit trading instead however
Namworld: (Havelock, BTCT.co, MPEx, Bitfunder, MtGox)
jurov: bgupta, if you want moar btc,don't exchange. earn them
Bowjob: bgupta you will lose at dice
jurov: there IS a bitcoin economy, just it's not so advertised and force fed like real one
bgupta: Don't worry.. I am not gonna be playing dice.
jurov: or program or graphics. or alpaca soicks
jurov: or swiss chocolate
Namworld: You can sell services of all sorts... does the work too
jurov: tiberiusiv maybe. but swiss chocolate for btcs DOES sell quite well and that matters.
bgupta: of you are talking darknet.. I think a good side business would be a paper currency moneychanger.
bgupta: I know people are looking to get btc without dealing with the exchanges..
jurov: 1. goto bitcointalk
jurov: 2. search cocolate
bgupta: what they do with the btc, I can only imagine.. ;)
jurov: tiberiusiv you're not the only one who can say just google it, ya know
Namworld: We don't have link off the top of our head for everything, silly you. There's hundreds of BTC businesses.
jurov: tiberiusiv now *this* needs a link
bgupta: tiberiusiv: which forum in particular?
jurov: ofc. if they used fiat, they'd have the saem problem to aluder it
bgupta: err.. there are like 20 fourms
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009994 BTC [+]
Namworld: on that one, I'd be with tiberius... cashing out must be harder for dealers. Cash can come in fast. Cashing out without going through an exchange can be hard.
Namworld: If they want to avoid linking a bank account...
jurov: once they want to convert thousands of btcs it's exactly the same issue
Namworld: (Assuming they don't trust SR itself)
Namworld: No, I disagree with a lot of what you say so...
jurov: tiberiusiv i don't know why you care so much to SR
jurov: my business is legit, i don't have a problem providing id to bitcoin-central and cashing out at price consistently few euros above market
jurov: and report the earnigns to be taxed
jurov: what liquidity do you need?
assbot: [BTCTC] [ASICMINER-PT] 21 @ 0.7 = 14.7 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 14 @ 0.7 = 9.8 BTC [+]
jurov: for converting few hundred euros to live off every while it has ample liquidity
jurov: i don't need move thousands of btcs like these poor silkroaders
Namworld: hmm... slight wall building up at 86 USD per BTC... price approaching all time high again
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.7 = 4.2 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.715 BTC [+]
jurov: nobody scammed you?
jurov: they were all around yurp before wwii
jurov: they just got wiped out elsewhere
jurov: and in recent decades they breed much faster than "whites"... so slovakia will prolly become a gypsy country soon
Diablo-D3: another person who thinks gypsy is a race and not a mythological creature
jurov: were you eating at restaurants? cuz slovaks don't give a shit about services
jurov: Diablo-D3: how do you call these chocolate people then? roma?
Diablo-D3: dude, if they're _chocolate_ I call them african
Diablo-D3: unless they're some of those really dark indians
jurov: 1. these gypsies look like indians 2. they speak like indians 3. wtf are they then?
jurov: cuz i'm registered entrepreneur (even VAT registered). so they have a right to look into my accts anytime
gribble: BTCUSD ticker | Best bid: 87.00000, Best ask: 87.16999, Bid-ask spread: 0.16999, Last trade: 87.00000, 24 hour volume: 76848.95819924, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 80.37796
Diablo-D3: jurov: speaking indian isn't a useful description
Diablo-D3: there is something like 5 major languages spoken on the indian subcontinent
Diablo-D3: but if they look like indians and speak an indian language, they might be, you know, indians
Diablo-D3: Chaang-Noi: indian from india dude
jurov: they are some lowest indian caste that got expelled in 12th century.
jurov: and they call themselves gysies or rome
jurov: roaming around eur since then
Diablo-D3: jurov: Ive never seen a "gypsy" that looks indian
jurov: ^ slovak roma seen here
jurov: if they don't resemble indians, then dunno
bgupta: "The Romani are an ethnic group living mostly in Europe, who have been traced genetically to a group migrating from the northwestern Indian Subcontinent about 1,500 years ago."
Chaang-Noi: i was in india, in kashmire and they have people with blue eyes and light skin
Diablo-D3: Chaang-Noi: probably ex-nazis from ww2
Chaang-Noi: hungarians are from north west china... from 2000 years ago
Diablo-D3: Chaang-Noi: hell, thats nothing new
Chaang-Noi: d3 lol no, there is a group in afghan/packastian/india that came from alaxander the great when he came down 2500 eyars ago
Diablo-D3: one of the 12 kinds of chinese seems to be descended by a bunch of romans that followed the silk road the whole way dow
Chaang-Noi: no roman in recorded history ever made it to china
Chaang-Noi: not saying it did not happen but no one wrote about it, that survives
Diablo-D3: Chaang-Noi: they have roman artifacts, but they're not sure if the artifacts alone made it
Chaang-Noi: im a history dude way more than anything else:)
Diablo-D3: and I forgot about alexander the great, btw
Diablo-D3: hes more made up than anything else
Chaang-Noi: got to india, saw a line of elephants and was like... ummm, lets go home
Chaang-Noi: alaxander is just like santa clause, tricks we play on history 101 students
Diablo-D3: I mean, fuck, he had an empire that spanned from greece to india
Chaang-Noi: he did not really have an emipre... he just raped everything he came to until india... he also took over the empires in his way leaving most of the govt there, just killing the kinds and marrying the exwifes
Chaang-Noi: d3 if you know how he did it, it is very reasonable
assbot: [MPEX] [S.DICE] 1000 @ 0.00415005 = 4.1501 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00415004 = 4.15 BTC [-]
Chaang-Noi: he just kept adding to his army as he beat other ones, sooner or later the other guys just sureendered
Diablo-D3: but its pretty much embedded into every white guy now: fear anyone from greece that has an army of macedonians behind them
Chaang-Noi: but once he got to india he got an army of like all of india, with massive elehpants and shit
Chaang-Noi: 95% of his army at the end was not macidonian
Bowjob: still not sure if its a good idea or not
Chaang-Noi: using paypal? might be a good idea? hahahahha
Bowjob: no dude you're missing the point
assbot: [MPEX] [S.DICE] 1000 @ 0.00415003 = 4.15 BTC [-]
assbot: [MPEX] [S.DICE] 835 @ 0.00415001 = 3.4653 BTC [-]
Chaang-Noi: i see paypal and brian shuts down, fuck paypal man
Diablo-D3: Chaang-Noi: yes, but macedonia no longer exists
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.714995 = 7.15 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.715 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.107499 BTC [+]
assbot: [BTCTC] [GOLD] 1 @ 0.1922 BTC [-]
assbot: [BTCTC] [GSDPT] 15 @ 0.00414 = 0.0621 BTC [-]
assbot: [BTCTC] [GSDPT] 110 @ 0.00413 = 0.4543 BTC [-]
assbot: [BTCTC] [GSDPT] 54 @ 0.00412 = 0.2225 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.6986 = 1.3972 BTC [-]
Bowjob: Eurozone Chief: Savings accounts in Spain, Italy and other European countries will be raided if needed
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.19257 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.1925 BTC [-]
gribble: Error: "tocler" is not a valid command.
gribble: BTCUSD ticker | Best bid: 85.63544, Best ask: 85.65000, Bid-ask spread: 0.01456, Last trade: 85.65000, 24 hour volume: 77073.18838681, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 80.52340
gribble: There are currently 36640973 bitcoins demanded at or over 0.0 USD, worth 9691361.22066 USD in total. | Data vintage: 0.0182 seconds
Bugpowder: a proxy for the amount of money sittingn in gox accounts
gribble: There are currently 47942.779 bitcoins offered at or under 100000000.0 USD, worth 363654447.184 USD in total. | Data vintage: 0.0028 seconds
Schadenfreude: Anybody knows how often Jurov processes CoinBR withdrawals?
Bugpowder: There is definitely more than 50k sitting in dark pools on gox
pgp: no automation for even the smallest withdrawls...
Bugpowder: although there may be an extra 10M USD in dark pools too
Bugpowder: pgp security or convienence, pick one.
Chaang-Noi: gox be playing wiht all the stolen bitcoinica money
assbot: [MPEX:S.DICE] 1D: 0.00415001 / 0.00440089 / 0.00449999 (16048 shares, 70.63 BTC), 7D: 0.00320003 / 0.0043828 / 0.005598 (277727 shares, 1,217.22 BTC), 30D: 0.00300001 / 0.0052747 / 0.0063799 (1198162 shares, 6,319.96 BTC)
Schadenfreude: Meh, I already sign with a BTC-adress to withdraw from CoinBR, it's a bit annoying
Schadenfreude: Let's hope it gets through before the price correction#
Bugpowder: I don't think there will be a correction before friday
Bugpowder: before the crash last friday, total gox bids dropped from 8.1M to 6.1M
Namworld: another BitVPS client which paid with a stolen Paypal account.
Bugpowder: I sold off my calls for a 3x gain. Rebought at the bottom.
MJR_: Bugpowder: i exercised at 71 :(
Bugpowder: Anyway.... watch the gox bids. I think it may be a leading indicator of corrections
Namworld: Bugpowder: neat. Gains on a significant amount of BTC?
MJR_: all the options are too expensive...
MJR_: need some like 110 calls :(
Bugpowder: Namworld: Had 10% of my nut in calls. they tripled. Sold... Rebought with the profits at the bottom of the weekend dip vwap. Best month ever.
MJR_: that is an interesting metric Bugpowder
MJR_: i'm kicking myself for exercising at 71
Bugpowder: MJR_: I have not followed it for long enough to be sure, but worked last week.
MJR_: even with s.dice performance, up 117% overall
gribble: Current Blocks: 228244 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1579 blocks | Next Difficulty In About: 1 week, 3 days, 17 hours, 47 minutes, and 45 seconds | Next Difficulty Estimate: 6742099.53802 | Estimated Percent Change: 0.69108
MJR_: is it a sure thing that we will not be seeing any dividends this month?
Bugpowder: bot always pays more than exercise price
MJR_: figured that i had the vwap at 71 and it already dropped to 63
MJR_: so i could exercise then
MJR_: but i didn't buy back in
MJR_: he was offering less
MJR_: not sure, but i think so...i exercised from my cell phone as i was walking into a meeting
Bugpowder: unless bot is using mtgox vwap not 24hprc
MJR_: i think the bot is aware of the mt gox price but not sure he uses it
MJR_: because one time during the flash crash i got filled on a bunch of calls
MJR_: we are bumping into the ceiling hard though
MJR_: wonder what 100 calls would be for next month
MJR_: 100 in april it looks like
MJR_: if not more...i just think that is the second biggest psychological barrier
assbot: [BTCTC] [B.YABMC] 1 @ 0.016 BTC [+]
Namworld: we're still full on on an exponential course
assbot: [BTCTC] [B.YABMC] 1 @ 0.01572 BTC [-]
MJR_: that is a bit scary
MJR_: i decided to take my trading profits from yesterday and switch back to lending
Namworld: I steer away from lending now... but you can loan to me.
MJR_: pretty nice when you are trying to decide between 280% apy or 10% in one day trading
pgp: my guess is that we will be in for some volatility today...
MJR_: lol, margin lending on bitfinex
MJR_: but my long overnight position worked well, though i got stopped loss and didn't get the top
MJR_: tiberiusiv: you are so right, no one will remark on the fact that we hit triple digits
MJR_: tiberiusiv: just another day, there won't be articles saying that
MJR_: ugh...i can't get sucked into your trollery today...sorry
Namworld: MJR, loan to me, I have plenty of collateral and I'm borrowing =P
MJR_: Namworld: whats the interest? i think i already am lending to you through btc-bond
MJR_: i thought you were going to start calling some of those bonds?
MJR_: btc bond is a great investment
MJR_: i love daily interest
Namworld: in some businesses such as: www.satoshidice.com - www.bitcoinpride.com - www.bitvps.com and more
Namworld: I keep my debt at a fraction of my outstanding loan so it can mitigate the risk of something failing.
Namworld: Among other things. But the biggest earnings are from buying and flipping shares right back. There's some pretty big gaps in prices with illiquidity
Namworld: I try not to have my toes dipped in most things for too long.
gribble: BTCUSD ticker | Best bid: 86.30101, Best ask: 86.74000, Bid-ask spread: 0.43899, Last trade: 86.74000, 24 hour volume: 75041.74738403, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 80.66941
Namworld: I pay 10.95% per year (0.03% daily)
Namworld: I suspect it's because I keep it at a fraction of my total worth and that I'm spread out among various exchanges and businesse types. Things could fail spectacularly and I'd still be able to repay all my debt. People like that.
jurov: it's not a problem to at all have such earnings from btc options
Namworld: And since I'm flipping shares in BTC, income is in BTC.
jurov: tiberiusiv, on NYSE if you figure out a strategy, there is 100ppl with same idea already
Namworld: Otherwise IDK why people would lend BTC at thos rate, they usually require multiple % per week on BTC loans.
jurov: here you're usually alone, and for long time
jurov: thanks to people like you that scream OMG ITS A SCAM
Namworld: Also, I'm not sure I'm fit for the NYSE. BTC is easier, more movement, larger spread, no competition. It's a good training ground at least.
Namworld: NYSE is more competitive. Less spreads too.
jurov: sry, if that "learning" would make me such a zealot like you are... no thanks :)
Namworld: I had so many different assets in BTC, I was spending lots of time watching markets/refreshing pages. Income has grown.
Bugpowder: the bitcoin options market is much less efficient
Namworld: I've left my day job to have time to do all this trading.
Bugpowder: Money is made by exploiting the inefficiencies of the market
Namworld: I've made a lot of put. I've been trying to go short since 30 USD/BTC
assbot: [BTCTC] [PAJKA.BOND] 9 @ 0.1075 = 0.9675 BTC [+]
Bugpowder: If you would look at the history, people have been net losers in the options every month but august
jurov: tiberiusiv, there were some whale bears that tried to move mkt down and cash out options.. but they failed
Bugpowder: this month looks like people are actually going to come out on top
Namworld: I still believe this is going to crash. I'll still have puts each month ready.
assbot: [HAVELOCK] [HIM] 1 @ 1.85 BTC [+]
Namworld: Anyway, I'm pretty much doing this full time by now...
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.09 = 0.9 BTC [-]
Bugpowder: I lost plenty of money trading options in 2007-2009
Bugpowder: btc market is 100x more exploitable
Bugpowder: long term options trading in real financial markets is a loser for the retail investor
Bugpowder: in btc options, I think it can be a winner
deadweasel: bug, if you were to buy an option right now, which one would you buy?
Bugpowder: particularly when the spread is 30% on the bot
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.714994 = 1.43 BTC [+]
Bugpowder: If the bot was still offfering C750Ts, I would buy them
MJR_: Bugpowder: they were pretty expensive
deadweasel: tiberiusiv: i would tend to agree, as I believe this is the ceiling for the day.
Bugpowder: If I were actaully going to buy anything though, I would do it
Bugpowder: right now, I'm not buying or selling anything
Bugpowder: 90% of the time, the best trade is to do nothing
MJR_: hehehe, i decided to take a break from trading too...just lending now
Namworld: Use it, it's useful. Better on chrome tho, other browsers tend to drop websocket connection a lot more.
Bugpowder: Actually, the best play right now looks to be buying S.MPOE
Chaang-Noi: wont they loss their ass on options this month?
Namworld: Chaang-Noi: MPOE income comes from % on trading...
Chaang-Noi: then how could it be valued anywhere near what it is?
Bugpowder: if MPOE survives without a loss this month, it will bounce to 0.00075
kakobrekla: is gonna be like 40 or 50 btc this month i think (estimate)
Namworld: The money for options is borrowed from people depositing for a % I believe
Bugpowder: tiberiusiv: bbest valuation is based on growth expectations
Namworld: Those people are risking their funds for a %
Bugpowder: which at 200000 satoshi, are pretty aggressive
jurov: <tiberiusiv> jurov i very much doubt that, whale to you is 100btc. <<< lol, now how did you came to that conclusion?
Bugpowder: MPOE has paid out 1% on good months
Chaang-Noi: so in 100 good months they break even :)
Bugpowder: MPOE bot pays 5-10% on capital used
gribble: There are currently 1452.6593 bitcoins offered at or under 87.61 USD, worth 126503.501188 USD in total. | Data vintage: 0.0015 seconds
jurov: tiberiusiv ,BitVPS was quite profitable, too.
jurov: but its owner suddenly got an idea it's better to get employed
jurov: tiberiusiv but most of fiat is gambling, too
gribble: There are currently 36656711 bitcoins demanded at or over 0.0 USD, worth 9714666.78044 USD in total. | Data vintage: 119.6155 seconds
jurov: how much of money supply is ion forex? 90%
jurov: forex is the same thing. just considered legal.
gribble: There are currently 4816.7931 bitcoins offered at or under 89.8 USD, worth 425118.737376 USD in total. | Data vintage: 0.0017 seconds
jurov: oh tibby on limb again
gribble: There are currently 1053.2444 bitcoins demanded at or over 85.0 USD, worth 89853.9093844 USD in total. | Data vintage: 27.9878 seconds
Bugpowder: okcupid.com is now accepting bitcoins
jurov: tiberiusiv yes and? drug scene in your city has more users that a bank, too
jurov: in btcland it is just more visible
deadweasel: so all T options expire on Friday. But their price is going to vary based on VWAP, which is going up every second I babble here....
jurov: but SD has lot lower learning curve
jurov: not hassle with tor
jurov: ^ another myth yet to be proved
jurov: Chaang-Noi: yes MPOE uses that one
jurov: okay, you made the sales pitch. so what are we to do with SR?
assbot: [HAVELOCK] [VTX] 3 @ 0.59 = 1.77 BTC [-]
jurov: phew. someone steals their wallet and they'll clamor to list quickly
jurov: as happened to many enterprises already
jurov: tiberiusiv but that has nothing to do with bitcoin
Namworld: tiberiusiv: what? People often sell a portion of profitable businesses
jurov: if paypal was anonymous, it would be used instead
Namworld: Wether because they need growth capital, are retiring or simply to reduce market exposure/risk.
jurov: or popular detergent will be used. whatever is at hand
Chaang-Noi: once the mob learns about btc we will go to $100,000 tc
deadweasel: yeah, i can agree with you there -- going off the Internets history, it follows.
jurov: tiberiusiv i agree too. but you aren't telling normal retailers what to do
ThickAsThieves: well these people know me, i have to make sure they are treated ok
jurov: if there's money, retailers will come
ThickAsThieves: then a bunch of graphic design work and print brokering
jurov: you contradict yourself
jurov: if "the cartels" are using it, then it's clearly more than a small group
Namworld: What? I'm not too busy for that.
jurov: and it's usefult to them to use bitcoins on all levels down to the street
jurov: hence mass adoption
Chaang-Noi: when btc reaches $10,000 im pretty srue im going to by my own cartel
Namworld: I can do that, but what kind of rates are they used to?
jurov: tiberiusiv if it will be useful for them avoid hassle of exchanging the bills to bitcoins, they'll drop their customs quickly
splnkr: ironic, isn't it…Mexicans want USD while a bunch of Americans prefer BTC
deadweasel: profit first, they get engineers to build half mile tunnels underneath the border, they will force Nerds to handle their BTC
jurov: then ID requirement will come quickly
jurov: shoulkd that happen
jurov: anyway, all the runners, that's a mass market already
jurov: and for them it's better to buy things directly for btc
jurov: than to go to walmart and risk doxing and being catched on camera
jurov: well, don't tell this will stay so any extended period
jurov: no your point seems to be "retailers wont evar"
jurov: and i say, okay, if criminal element adopts it on mass scale, retilers will follow"
jurov: "people will always spend fiat" Plainly not true. Not always at least.
Bugpowder: people will spend btc now because its an easy way to cashout
jurov: your crime elements do
jurov: and you yourself said they supposedly have problems to exchange it back
splnkr: it's good to be mindful of the risk of BTC going poof due to external factors, but I'm not that worried…woudln't it take a concerted, coordinated global effort to bring it all down permanently? I'm not talking 51% attack here
jurov: so these WILL use retail if available
gribble: BTCUSD ticker | Best bid: 86.91001, Best ask: 86.99999, Bid-ask spread: 0.08998, Last trade: 87.00000, 24 hour volume: 74748.36316424, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 80.81460
jurov: tiberiusiv: simple logic, no?
splnkr: and the world can't even properly discuss climate change; i don't see that they could execute a destruction of the bitcoin network
Bugpowder: anyone had trouble getting over 1 wire a day from fast cash. total >$10l
Bugpowder: tiberiusiv: what do you see as the right investment / speculative play in the btc space right now?
Bugpowder: I am hearing a lot about what ISN'T good. What IS good.
jurov: don't lol. they can indeed launder some of the bitcoins disguised as t-shirt operation
splnkr: the best investment strategy is to tell people in IRC the opposite of what you believe to be true
MJR_: Bugpowder: it is way too hard to come up with something creative, let's just detract from the good that is going on
MJR_: BitPay processed 2 Million dollars worth of transactions for VENDORS
MJR_: just saying they are growing
MJR_: vendors are slowly starting to accept them
MJR_: so that would be double
MJR_: yes...and doubled the payments processed
MJR_: meaning more merchants are starting to get into this space
MJR_: that is just one metric
jurov: it's clearly more than nothing
MJR_: do you not know how they work?
MJR_: you set your price IN DOLLARS
MJR_: they deal with conversion
MJR_: your company is doing so much better in this space
MJR_: what was its name again?
Bugpowder: The BTC retail space is < 6 months old
MJR_: oh thats right, you haven't done one thing so far that is actually valuable to anyone in this community
MJR_: so bitpay: 2 million tiberiusiv: 0
Bugpowder: I bet bitpay growth is faster than paypal
jurov: tibby has coinbr account.. so it's valuable for me :)
MJR_: how do i constantly get sucked in to these epic troll fests
MJR_: got to learn to avoid them
MJR_: has tiberiusiv done anything
Chaang-Noi: tiberslav is from nigeria and only has .35 btc:/
MJR_: fucking armchair quarterback
MJR_: so you start a payment processer, a gambling site, an exchange...do something
MJR_: which is a new high in this space
Chaang-Noi: mr tiberslav too busy tolling and cashing in govt welfare checks to do anything productinv
MJR_: 850 million is tiny compared to forex trading
MJR_: apparently you don't undeerstand emerging markets AT ALL
MJR_: tiberiusiv is the guy saying "why would anyone ever need internet on their phone"
MJR_: "the personal computer is not really necessary"
jurov: tiberiusiv, care do a bet on bitbet?
Diablo-D3: that'd be enough to fix the united states =/
jurov: like "bitpay will reach 100mil this year"
jurov: what has bitpay to do with gpsy???
assbot: [HAVELOCK] [VTX] 5 @ 0.586 = 2.93 BTC [-]
assbot: [HAVELOCK] [VTX] 9 @ 0.585 = 5.265 BTC [-]
assbot: [HAVELOCK:HIM] 1D: 1.65000000 / 1.772 / 1.85000000 (25 shares, 44.30000000 BTC), 7D: 1.41000000 / 1.78286455 / 2.00000000 (189 shares, 336.96140034 BTC), 30D: 1.40000000 / 2.09569993 / 18.00000000 (657 shares, 1376.87485269 BTC)
jurov: say yourself...whatever amount it won't cross
assbot: [HAVELOCK] [HIM] 2 @ 1.85 = 3.7 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.585 = 2.925 BTC [-]
MJR_: you know those vendors dont ONLY sell in bitcoins right?
MJR_: hence emerging markets
Namworld: tiberius... there's more than a 0.99% fee for those converting to USD
MJR_: as more people switch to this alternate economy
Namworld: 0.99% is for those keeping BTC
MJR_: it seems like you have no concept of future valuation
MJR_: value of market share
MJR_: raking in money cuz there first
Namworld: which is what people paid you... all vendors pay back in USD, almost
assbot: [HAVELOCK] [VTX] 2 @ 0.585 = 1.17 BTC [-]
Namworld: it's not an issue only with bitpay, it's an issue with all vendors
Namworld: beside, works the other way around. If a refund is request after a price drop, more BTC
assbot: [MPEX:S.MPOE] 1D: 0.00060001 / 0.00062529 / 0.00064816 (173321 shares, 108.38 BTC), 7D: 0.00060001 / 0.00068467 / 0.00077505 (2085337 shares, 1,427.77 BTC), 30D: 0.00060001 / 0.00073814 / 0.00078628 (17972130 shares, 13,266.12 BTC)
assbot: [HAVELOCK] [VTX] 6 @ 0.57 = 3.42 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.567 = 1.134 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.567 = 1.701 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.565 = 1.695 BTC [-]
unbalanced: Bugpowder, congrats on the overnight trade. Well played.
MJR_: i can't do this anymore...too distracting and fun getting trolled, but have work to do thank god for ignore
Bugpowder: unbalanced: thanks! not a trade till I close the position though :-0 I'll let the vwap get at least $5 higher first.
assbot: [HAVELOCK] [VTX] 3 @ 0.565 = 1.695 BTC [-]
assbot: [HAVELOCK] [VTX] 8 @ 0.554 = 4.432 BTC [-]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00061253 = 1.2251 BTC [+]
unbalanced: Oh I thought you closed it out. re: something you said yesterday, I'd pay to have you run my funds just from what I've seen here in a week
unbalanced: I want a Tesla too so Ifig I have to learn from someone who's doing it.
deadweasel: so this price boom is why the c750s when to .24999?
Bugpowder: if you want to buy my C750s at .24999 though, you are welcome to them
gribble: smickles was last seen in #bitcoin-assets 9 hours, 10 minutes, and 17 seconds ago: <smickles> well, if you answer, please hilight me so i can find it easier :)
Bugpowder: unbalanced: Unfortunately I don't think running a fund is actually legal
deadweasel: Bugpowder, I don't know any better, just trying to wrap my pea brain around it before I started trading options
Bugpowder: also, I have just been pretty lucky this month
Bugpowder: past performance is not necessarily indicative of future results.
deadweasel: you think MPOE will bounce back to .00075 if it survives OIX trading this month?
thestrin1puller: a bubble of unprecedented proportions vs a booming economy soon to be worth billions...
Namworld: well booming economy, yes, but not that fast...
jurov: p/e isn't the right indicator here. it's considered low risk longer term investment which is rare for btc
Bugpowder: tiberiusiv: you have zero experience in MPEx securities. I wouldn't be so confident until you get a better sense of the way things work around here
Bugpowder: deadweasel: If MPOE bond holders avoid a loss this month, yes, S.MPOE will bounce.
jurov: tiberiusiv thing is only few loud folks think it's overvalued
Namworld: tiberiusiv is negative on just about 99% of things.
deadweasel: interesting, i didn't realize OIX was 'funded' by the MPOE.Bond. learning is fun!
jurov: tiberiusiv, do you really know better btc investment than s.mpoe? with consistent profit and known business model?
jurov: SR doesn't exist as an investment
Bugpowder: The MPOE bot volume has seen explosive growth over the past year
jurov: tiberiusiv that's not what i asked. is there anything better?
assbot: [HAVELOCK] [VTX] 2 @ 0.532 = 1.064 BTC [-]
jurov: hahahahaha cavirtex
Bugpowder: the fact is, there is a lot of hot money in the BTC investment space, and not a lot of options
jurov: but cavirtex is a fiat business
MJR_: Bugpowder: amen to that
MJR_: this is the time to start a bitcoin venture
jurov: they will inevitable get less btc-profitable
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.714994 = 3.575 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.714995 = 7.15 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.715 = 14.3 BTC [+]
MJR_: i was wondering...how could package up a VXX for btc
jurov: mpex is as removed from fiat as possible.. together with sdice
deadweasel: it's true, if there is no fiat, the is no legal precedent for a GLBSE type event
jurov: they are this "down" every now and then, that's not argument
jurov: both numbers are completely virtual
jurov: withdraw while you can
unbalanced: Bugpowder: I assume you're in the US... you know better than I but if you're managing pure BTC trades and client accounts are funded in BTC and they can only w/d in BTC you might be okay.
jurov: hahahaha and in sloakia we don't even have general attorney elected for over a year
unbalanced: where "might" = risk, sure. If you have better info than I pls link so I can educate myself... no rush.
jurov: i say, withdraw the fuck from coinbr while you can
jurov: tiberiusiv , yes it was. a year ago
Chaang-Noi: kako hell no, not until well over $1000 and im willing to wait a few years:)
gribble: There are currently 808.85515 bitcoins offered at or under 87.0 USD, worth 70368.6225068 USD in total. | Data vintage: 0.0015 seconds
jurov: okay so wait till then and stfu
jurov: but they will have to get enough btc from these "crime elements" first. not that will be fun
jurov: or they will turn to mircea. that will be even moar fun
Bugpowder: the bottom line is that it is the most secure site with by far the highest volume
jurov: anyway it isn't for sale. it's like berkshire hathaway "nobody will pay these trillions"
Bugpowder: and has an owner that actaully knows what the fuck he is doing
Bugpowder: unlike every other BTC startup I have seen
jurov: tiberiusiv i see some % of that volume and can vouch that it *is* there
jurov: how do you know the volume is on NYSE? on forex?
jurov: you obviously consider yourself intelligent, so do it
jurov: yes, fiat scammers have to maintain appearance
Chaang-Noi: tiberslav tiberslav we are going to change the world, we are the new masters
Bugpowder: coinlab and coinbase haven't figured out the suit part yet either
jurov: tiberiusiv: have you seen him burning qu'ran?
Bugpowder: yeah that vid could be problematic to wall street
Chaang-Noi: offened? just increased the odds his ass gets killed
jurov: seems it gor removed :/
kakobrekla: funny so much to say over romania when usa is full of btc failed biz and scams and jesuses on meth
jurov: yes, mp had article abuot famous knife fight too
hhh: I liked MP training class for gypsies.
Chaang-Noi: tiberslav tiberslav, he is a jesus on meth, but from nigeria
assbot: [HAVELOCK] [SDICE] 1 @ 0.475 BTC [+]
jurov: but anyway wallstreet has its own problems and it's well possible it won't survive move to deflationary currency
gribble: There are currently 997.4039 bitcoins offered at or under 87.0 USD, worth 86755.5680726 USD in total. | Data vintage: 0.0020 seconds
jurov: can't find. ask him to see it
jurov: in slovakia they learned and are all white-collar now.. would prefer romanian ways sometimes
hhh: Only if you are not the one in the trunk.
gribble: There are currently 9357.0707 bitcoins offered at or under 92.0 USD, worth 837704.987653 USD in total. | Data vintage: 0.0016 seconds
jurov: no, only schengen zone (free movement) was delayed
Chaang-Noi: i got a box of some of the finest cubans in the world, and no lighter....
gribble: There are currently 6359.1076 bitcoins demanded at or over 82.0 USD, worth 536315.344566 USD in total. | Data vintage: 34.9539 seconds
gribble: There are currently 36661582 bitcoins demanded at or over 0.0 USD, worth 9860755.86811 USD in total. | Data vintage: 64.1093 seconds
jurov: nah. they said the same about slovakian gypsies
jurov: and many indeed went to UK
jurov: but mostly they found a work there and are happy
jurov: no significant crime there
hhh: You don't know romanian gypsies.
gribble: There are currently 22997.679 bitcoins offered at or under 100.0 USD, worth 2160753.28198 USD in total. | Data vintage: 0.0024 seconds
jurov: no janitorial, babysitting, etc.
jurov: tiberiusiv don't be racist. they will work given the opprotunity
jurov: but in eastern yourp there's longtime econ crunch, few opportunities
jurov: patently false. when there was less than 12% unemployment here politicians celebrated
assbot: [BTCTC] [RSM] 250 @ 0.004 = 1 BTC [+]
jurov: and it's over 20% atm
hhh: Romania Unemployment rate: 4.3%
jurov: and that's impossible in spain?
hhh: You are welcome to come here if you are jobless.
jurov: before 2009 there was less than 10% in spain. here never since revolution.
Diablo-D3: the problem with unemployment is it doesnt include the people who became disabled just so they could survive
jurov: tiberiusiv we have quite generous support payment for few months. so they mus have some accurate accounting
jurov: otherwise ppl will riot when they;d receive nothing
Diablo-D3: otherwise we would have rioted in 2000 when congress refused a recount
jurov: as opposed to me. ic.
Diablo-D3: and then in 2004 when bush was re-elected after putting our nation into extreme debt, destroyed education, destroying social security, and destroying our medical infrascruture
jurov: anyway... these are the gypsies you tell as "don't know what the work mean"
Diablo-D3: oh christ not the gypsy shit again
jurov: they often pick up work we despise
jurov: Diablo-D3: you obviously don't care
jurov: but i have few friends with darker skin and know how hard it's for them
assbot: [HAVELOCK] [SDICE] 5 @ 0.46500025 = 2.325 BTC [-]
jurov: when ppl tel "they will steal" on sight
Diablo-D3: DEM DARE DARKIES, THEY'YA STEAL YA BLIND
Diablo-D3: MAH GRAMPY'S GRAMPY WAS IN THE WAR YA KNOW
Diablo-D3: THE CIVIL WAR, AND THE NIGGAHS WON DAT
jurov: and now why do you think that is?
Diablo-D3: because white people are the most racist fucks on the planet
Diablo-D3: Chaang-Noi: dude, we killed white people because they wernt white enough
KRS-1: my experiences have shown me it goes both ways diablo
KRS-1: experiences may differ of course
Chaang-Noi: d3 learn asian history and culter, trust me on this
Diablo-D3: jewish? nope, not white, even though you're 100% genetically german
Bugpowder: ok now tiberiusiv has earned the ignore
Diablo-D3: disabled? nope, white people can automatically grow new limbs, srsly
Bugpowder: take your rants somewhere else you fuckhead
Chaang-Noi: tiberslav getting trolled and asking people to shut up, hahahah
Diablo-D3: and then we get to the big leagues over in soviet russia
Diablo-D3: they killed everyone who couldnt grow a stalin-esque power mustache
Diablo-D3: they use it to scare off wolves and potential suitors
kakobrekla: The euro extended losses following media reports that Pier Luigi Bersani, the head of Italy’s center-left alliance, ruled out forming a coalition government, saying that only an “insane person” would want to govern Italy.
jurov: russian women scare wolves with mustache??? i thought they use the perfume
Diablo-D3: jurov: no, thats to scare Putin away
kakobrekla: speaking of italy, tiberiusiv was a roman emperor
Diablo-D3: tiberius is also kirk's middle name
Chaang-Noi: hell i bought at 3.5 40 stable is awesome
gribble: There are currently 1391.9833 bitcoins offered at or under 87.5 USD, worth 121250.751869 USD in total. | Data vintage: 68.8257 seconds
gribble: There are currently 827.90834 bitcoins offered at or under 87.0 USD, worth 72027.1649475 USD in total. | Data vintage: 83.9231 seconds
gribble: There are currently 827.90834 bitcoins offered at or under 87.0 USD, worth 72027.1649475 USD in total. | Data vintage: 116.9298 seconds
gribble: There are currently 0 bitcoins offered at or under 87.0 USD, worth 0.0 USD in total. | Data vintage: 0.0015 seconds
gribble: There are currently 228.73736 bitcoins offered at or under 87.5 USD, worth 20009.1910906 USD in total. | Data vintage: 6.7427 seconds
gribble: There are currently 1430.3342 bitcoins offered at or under 88.0 USD, worth 125629.001767 USD in total. | Data vintage: 13.4077 seconds
TomServo: tiberiusiv: So how does the SP500's 4% growth for march corrolate to BTC's 145$? (roughly)
Chaang-Noi: some of wall street invested in btc :)
Chaang-Noi: you must be a billionaire cuz you know so much
MJR_: wouldn't it be great to have a tradeable volatility index?
TomServo: ok - I just missed the 'smaller less liquid' piece - we don't need to go through the whole thing again.
Chaang-Noi: if the sp500 goes down 20% btc will lose more than 100% of value right?
Chaang-Noi: so a 41% and btc loses more than 100% right?
TomServo: I would say that is a 'loose' correlation at best.
Chaang-Noi: tiberslav tiberslav the expert with .35 btc
assbot: [BTCTC] [S.DICE-PT] 50 @ 0.00442 = 0.221 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.85 BTC [+]
MJR_: i guess the OIX has some similarity to the VIX or VXX...but i don't think it does the implied variance
assbot: [HAVELOCK] [HIM] 1 @ 1.8 BTC [-]
TomServo: tiberiusiv: what does that make what you're doing?
assbot: Last trade for VTX on HAVELOCK was at 0.532 BTC [-]
TomServo: I think it's crazy the fork didn't have a bigger impact. I still don't understand it.
Chaang-Noi: tiperissuv what is your day job? or you a welfare kinda guy?
splnkr: i'd like to know the amount of -wallets- in existence rather than addresses to better gauge adoption
Chaang-Noi: there is a chart for that, i dont have link ready :(
assbot: [BTCTC] [B.YABMC] 1 @ 0.009901 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.565 = 2.825 BTC [+]
splnkr: tiberiusiv: how can you assess that
gribble: There are currently 1443.1185 bitcoins offered at or under 88.0 USD, worth 126757.23828 USD in total. | Data vintage: 0.0015 seconds
gribble: There are currently 488.05041 bitcoins offered at or under 87.71 USD, worth 42758.3837702 USD in total. | Data vintage: 8.3323 seconds
splnkr: tiberiusiv: are you familar with s-curve new tech. adoption rates?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7051 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7051 BTC [-]
splnkr: i'd expect one of those in terms of -BTC adoption-, not price
saulimus: that's why freicoin sounds like a better idea, but who's going to want that? nobody...
splnkr: how's that different from any other currency
gribble: There are currently 3551.0734 bitcoins offered at or under 89.84 USD, worth 314914.120344 USD in total. | Data vintage: 23.6477 seconds
gribble: Error: "bc,vwap" is not a valid command.
gribble: Error: "vwap" is not a valid command.
saulimus: I just want a coin that's "fair".
gribble: Error: "24hrprc" is not a valid command.
MJR_: saulimus: lol my friend was just saying that freicoins were cooler
gribble: There are currently 242.79055 bitcoins offered at or under 87.71 USD, worth 21288.6741198 USD in total. | Data vintage: 113.9707 seconds
saulimus: no, but it's better for some things to be fair than none at all
MJR_: i said...on their website they say that people will want to hoard and will move to gold or bitcoins
MJR_: the only times demurrage has really worked was with fiat and govt control
gribble: BTCUSD ticker | Best bid: 87.60100, Best ask: 87.64000, Bid-ask spread: 0.03900, Last trade: 87.64000, 24 hour volume: 74410.88664766, 24 hour low: 75.20000, 24 hour high: 87.70000, 24 hour vwap: 81.34377
MJR_: you can't force people to adopt a currency they have to spend, so it is an interesting thought experiment, but will never succeed
error4733: can't wait before a early dump 100K just for fun
assbot: [HAVELOCK] [VTX] 1 @ 0.593 BTC [+]
gribble: There are currently 36662286 bitcoins demanded at or over 0.0 USD, worth 9836023.47991 USD in total. | Data vintage: 0.0190 seconds
error4733: what is the command to see the impact for a 10k dump
saulimus: tiberiusiv, a bitcoin that doesn't reward early adopters in a huge way. just like you said, the wealth distribution is a lot worse than in fiat.
MJR_: who cares about wealth distribution
MJR_: rich people spend money
MJR_: ThickAsThieves: i muted him, so i am only seeing one side of the convo
MJR_: it's derivative trolling now
Chaang-Noi: tiberslav is a fun troll we will get tired of in a day or so and all have him on igniore
saulimus: he sounds a bit bitter and angry
gribble: There are currently 0 bitcoins offered at or under 80.0 USD, worth 0.0 USD in total. | Data vintage: 0.0013 seconds
gribble: There are currently 943.5047 bitcoins offered at or under 88.0 USD, worth 82991.945217 USD in total. | Data vintage: 2.2569 seconds
MJR_: he does sound bitter and angry...some people will take any attention, even negative (see: lindsay lohan)
error4733: yes but some early will want cash out at certain point
gribble: Current Blocks: 228258 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1565 blocks | Next Difficulty In About: 1 week, 4 days, 6 hours, 12 minutes, and 56 seconds | Next Difficulty Estimate: 6736564.18643 | Estimated Percent Change: 0.60841
MJR_: i don't know about you, but it appears that $100 is pretty much certain in the next month
MJR_: so if most people see $100 coming...i think they would wait till around then, high 90's etc
MJR_: then we get a little pullback
Chaang-Noi: thing is, no one is cashing out, or if the did, it was at 30
MJR_: and more people jump in to push us past that level, my projection at least
gribble: A market order to sell 10000 bitcoins right now would net 837740.3477 USD and would take the last price down to 81.0000 USD, resulting in an average price of 83.7740 USD/BTC. | Data vintage: 86.3440 seconds
MJR_: i might sell one or two
error4733: so tib what you say is, we play with 1M BTC because 9M is blocked in healty address and stay there ?
gribble: There are currently 729.12237 bitcoins offered at or under 88.0 USD, worth 64148.2153717 USD in total. | Data vintage: 0.0013 seconds
error4733: look good for me ! that me my BTC is 10 time more valuable
MJR_: error4733: 10X more able to move the market at least...it's similar to S.DICE's situation
Chaang-Noi: wonder if 95 will break by the time i wake up tomorrow
Chaang-Noi: lol, try selling all google or apple stock in the world at once
MJR_: Chaang-Noi: some one is always on the other side of the trade
MJR_: so someone is buying all the appl or goog in the world
Chaang-Noi: there are more google shares than bids
gribble: BTCUSD ticker | Best bid: 87.90501, Best ask: 87.96700, Bid-ask spread: 0.06199, Last trade: 87.96700, 24 hour volume: 74596.54084966, 24 hour low: 75.20000, 24 hour high: 87.96700, 24 hour vwap: 81.52881
Chaang-Noi: tiberslav you have no valied point... just stfu lol
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.7051 = 4.9357 BTC [-]
MJR_: its basically (your position) ^ -1
assbot: [BTCTC] [ASICMINER-PT] 29 @ 0.715 = 20.735 BTC [+]
gribble: There are currently 416.45479 bitcoins offered at or under 88.0 USD, worth 36647.2587645 USD in total. | Data vintage: 0.0013 seconds
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.745 = 7.45 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7489 BTC [+]
MJR_: what you said to the negative first power
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.74899 = 2.996 BTC [+]
smickles: thestrin1puller: the ;;seen me's are starting to get confusing. Do you use it as some kind of market indicator? ;D
Chaang-Noi: i wonder, should i really buy a boat? or get a real boat? hmmmm
smickles: really buy a boat or buy a real boat?
gribble: There are currently 99.482627 bitcoins offered at or under 88.2 USD, worth 8774.26253061 USD in total. | Data vintage: 11.1237 seconds
smickles: thestrin1puller: np, want to provide me a better link for you?
Diablo-D3: Chaang-Noi: yeah, this is the 5th dividend this month
Diablo-D3: Chaang-Noi: oh, dunno, got the pre-dividend tx so far
deadweasel: he's been gone for a while, thanks to /ignore
deadweasel: i unignore him sometimes just to take his pulse again, but it plagues my screen, so i usually re ingore
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.129 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 7 @ 0.129 = 0.903 BTC [-]
smickles: i thought it a little funny, pointing out tiberiusiv's accusation agains mircea_popescu with links to their -otc ratings
unbalanced: Someone should tell that waller that if he just moves it to $190, everyone will follow him at this point.
gribble: BTCUSD ticker | Best bid: 87.60000, Best ask: 88.00000, Bid-ask spread: 0.40000, Last trade: 88.00000, 24 hour volume: 72723.62126118, 24 hour low: 75.60000, 24 hour high: 88.24300, 24 hour vwap: 81.94089
Chaang-Noi: d3 okay got mine to, but now shoing up on client, but in block chain info
unbalanced: What did someone say above? whalebears?
smickles: ThickAsThieves: it's mostly just another way to share links
smickles: heh, there is probably a little more input than your facebook feed gets
jurov: but you think first comment will be WTF? ELI5
assbot: [BTCTC] [SYNERGY] 1 @ 0.0157 BTC [+]
smickles: jurov: heh, maybe there's a market for eli5 mpex
assbot: [BTCTC] [SYNERGY] 1 @ 0.015707 BTC [+]
jurov: that would be best done as redirect straight to satoshi dice
assbot: [MPEX] [S.DICE] 3400 @ 0.00418223 = 14.2196 BTC [+]
assbot: [MPEX] [S.DICE] 600 @ 0.00415002 = 2.49 BTC [-]
Diablo-D3: Chaang-Noi: for 1371 shares, 5.175525
Diablo-D3: and remember, they just paid one for 10.x 3 days ago
gribble: BTCUSD ticker | Best bid: 88.24301, Best ask: 88.48700, Bid-ask spread: 0.24399, Last trade: 88.24301, 24 hour volume: 71375.87196489, 24 hour low: 76.80000, 24 hour high: 88.48700, 24 hour vwap: 82.17944
Chaang-Noi: dont know but that was just paying the 163k
Chaang-Noi: i wanted to know what it was with the 400k and that is still over 1% a week right now, awesome
Chaang-Noi: okay so .0075 is 1% of current trading value
Chaang-Noi: esp with bfl fail and maybe 60 ghs soon
ThickAsThieves: i'd still feel better of share price went back to .9 though :)
Chaang-Noi: if the 60 ghs comes on line it will be well over 2btc
ThickAsThieves: "First week's normal dividends paid. The balance payment of the next batch, as well as the premium for a full-mask to guarantee our quantity production (200 TH/s or more, depending on how well BTC/USD could do) within the next three months, are partly taken from this week's revenue and the next week's. So the dividends within these two weeks are lower than normal."
Bugpowder: my calls are raping everything right now
Bugpowder: $6000 profit each dollar rise in btc price
MJR_: Bugpowder: i read that as bt closer
MJR_: and i was like NICE, coffee is for closers
MJR_: yeah, i am seriously considering going long asicminer
assbot: [BTCTC] [COGNITIVE] 7 @ 0.131 = 0.917 BTC [-]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.13 = 0.39 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.13 = 0.26 BTC [-]
assbot: [BTCTC] [COGNITIVE] 7 @ 0.129 = 0.903 BTC [-]
Bugpowder: TIME TO BUY A NICE SET OF STEAKKNIVES
assbot: [BTCTC] [COGNITIVE] 25 @ 0.1253 = 3.1325 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1439 BTC [+]
gribble: There are currently 36661713 bitcoins demanded at or over 0.0 USD, worth 9815526.0337 USD in total. | Data vintage: 0.0188 seconds
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.73 = 3.65 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.73 = 3.65 BTC [-]
Bugpowder: you know, we might actually break 100 before friday
Bugpowder: in which case... those 750Ts would be profitable
Bugpowder: I guess 15:00 is when west coast US opens for biz
gribble: There are currently 55.752531 bitcoins offered at or under 88.7 USD, worth 4945.2495272 USD in total. | Data vintage: 6.9561 seconds
gribble: There are currently 926.48815 bitcoins offered at or under 89.0 USD, worth 82396.9086874 USD in total. | Data vintage: 13.9719 seconds
gribble: There are currently 4351.9612 bitcoins offered at or under 90.0 USD, worth 389854.772436 USD in total. | Data vintage: 18.6086 seconds
gribble: There are currently 10903.49 bitcoins offered at or under 95.0 USD, worth 997552.815755 USD in total. | Data vintage: 23.4400 seconds
gribble: There are currently 20573.206 bitcoins offered at or under 100.0 USD, worth 1947966.64786 USD in total. | Data vintage: 26.6799 seconds
deadweasel: so these c750 options. their original price is set by mpex. as the expiry approaches and BTCUSD goes up, the cost of one option increases?
thestrin1puller: but if the price fluxes real fast that's when it's a good time to buy/sell and option
deadweasel: so by now, C750T at .2499 would not really be profitable to buy, assuming VWAP stays up?
thestrin1puller: C750 was good to buy yesterday when the price 24hprc was at ~69 but the current price was 75
Bugpowder: the C750Ts are not being offered by mpoebot
Bugpowder: they are being offered by me, and one other unknown party
Bugpowder: I am willing to sell at a 100 break-even price model
deadweasel: :) I am willing to understand that, if I was so able.
Bugpowder: interesting how smooth the asks are up to 100
gribble: Time since last block: 47 minutes and 11 seconds
gribble: Current Blocks: 228264 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1559 blocks | Next Difficulty In About: 1 week, 4 days, 3 hours, 15 minutes, and 25 seconds | Next Difficulty Estimate: 6745408.56422 | Estimated Percent Change: 0.7405
jurov: lmao... some chips blew
deadweasel: So, the Optoins offered should change after friday, right
deadweasel: There should be a C800T, C800N, C8500T, C8500N, etc.
jurov: tl,dr: It’s the intention to offer strikes from 20 to 200 at a step of 3 via the MPOE bot (so 20, 23, 26 etc).
MJR_: can people create their own strikes?
smickles: I like the *all time high* thing on bitcoinity
MJR_: smickles: me too! but why bother taking it off...every tick is a NATH
deadweasel: so the bot will start listing, brokers buy, say jurov, and posts some on Coinbr?
smickles: I've missed all the cartoon tho :|
jurov: MJR_ you can on bitfunder
MJR_: no i was wondering about MKOPT
MJR_: can you use that to make your own strike or will it be rejected
jurov: MJR_: you'll be rejected
jurov: you have to use existing MPSIC
jurov: deadweasel: coinbr doesn't offer own options. what you see on New order should be the saem order book as on mpex
gribble: Error: Spurious "]". You may want to quote your arguments with double quotes in order to prevent extra brackets from being evaluated as nested commands.
gribble: There are currently 817.2041 bitcoins offered at or under 89.0 USD, worth 72697.3513288 USD in total. | Data vintage: 0.0014 seconds
jurov: except that there's some spurious caching added at ddos time, it seems.
Chaang-Noi: ahh i wanted to break 89 before bed :/
gribble: BTCUSD ticker | Best bid: 88.75001, Best ask: 88.75800, Bid-ask spread: 0.00799, Last trade: 88.75001, 24 hour volume: 69349.69370356, 24 hour low: 76.82000, 24 hour high: 88.80000, 24 hour vwap: 82.50051
gribble: There are currently 13120.794 bitcoins demanded at or over 80.0 USD, worth 1092667.62994 USD in total. | Data vintage: 50.4148 seconds
assbot: [HAVELOCK:SDICE] 1D: 0.45300000 / 0.46644661 / 0.47500000 (32 shares, 14.92629165 BTC), 7D: 0.40010000 / 0.48668579 / 0.53000000 (1220 shares, 593.75665772 BTC), 30D: 0.37000000 / 0.54086072 / 0.68950000 (5570 shares, 3012.59421043 BTC)
assbot: [HAVELOCK:VTX] 1D: 0.47000000 / 0.60045594 / 0.73925000 (263 shares, 157.91991127 BTC), 7D: 0.38280000 / 0.42498831 / 0.79900000 (11466 shares, 4872.91591485 BTC), 30D: 0.38280000 / 0.42498831 / 0.79900000 (11466 shares, 4872.91591485 BTC)
assbot: [HAVELOCK:HIM] 1D: 1.65000000 / 1.78333333 / 1.85000000 (27 shares, 48.15000000 BTC), 7D: 1.41000000 / 1.78399689 / 2.00000000 (193 shares, 344.31140034 BTC), 30D: 1.40000000 / 2.09413745 / 18.00000000 (661 shares, 1384.22485269 BTC)
jurov: having sex life dependent on btcusd rate, goat?
smickles: thestrin1puller: got it. i'll have that to you sometime later today :)
MJR_: so, i had a price target of 100
MJR_: what should i update that to?
Schadenfreude: Christ, 5 hours and the transaction still didn't get confirmed
MJR_: but curious, 1/1/2014 BTCUSD = ?
jurov: Schadenfreude: sry... seems i should raise txfee... it's 0.00001 atm
smickles: those seem to be taking 1 to 2 days on avg currently
gribble: There are currently 1048.5819 bitcoins demanded at or over 88.5 USD, worth 93100.3146358 USD in total. | Data vintage: 0.0062 seconds
gribble: There are currently 776.95498 bitcoins offered at or under 89.0 USD, worth 69124.0795319 USD in total. | Data vintage: 3.6501 seconds
gribble: There are currently 727.55853 bitcoins offered at or under 89.0 USD, worth 64735.6745809 USD in total. | Data vintage: 33.1093 seconds
Schadenfreude: So it shouldn't come through until the day after tomorrow? Sucks
gribble: There are currently 727.55853 bitcoins offered at or under 89.0 USD, worth 64735.6745809 USD in total. | Data vintage: 56.1564 seconds
gribble: Time since last block: 1 hour, 1 minute, and 55 seconds
Chaang-Noi: 462 kb? this will fork the chain again right?
gribble: There are currently 467.83979 bitcoins offered at or under 89.0 USD, worth 41636.9315048 USD in total. | Data vintage: 25.5033 seconds
smickles: Chaang-Noi: that issue should be resoled
jurov: the issue was around > 800k iirc
jurov: depending on bdb config
smickles: there was a patch for the older clients, and the newer ones just don't care. and most of the older clients have upgraded
smickles: that charts the current client distribution
ThickAsThieves: hackers and spammers will be the new weather, "How's the 'net today?" "oh a little slow, big ddos in China holding the east"
gribble: There are currently 173.42393 bitcoins offered at or under 89.0 USD, worth 15434.7301313 USD in total. | Data vintage: 90.7996 seconds
gribble: There are currently 6.9601388 bitcoins offered at or under 89.0 USD, worth 619.45235676 USD in total. | Data vintage: 0.0013 seconds
gribble: BTCUSD ticker | Best bid: 88.99000, Best ask: 89.00000, Bid-ask spread: 0.01000, Last trade: 89.00000, 24 hour volume: 69625.16135317, 24 hour low: 76.82000, 24 hour high: 89.00000, 24 hour vwap: 82.61294
gribble: There are currently 227.02482 bitcoins offered at or under 89.4 USD, worth 20262.5963564 USD in total. | Data vintage: 5.1871 seconds
gribble: BTCUSD ticker | Best bid: 88.99000, Best ask: 89.24499, Bid-ask spread: 0.25499, Last trade: 89.24500, 24 hour volume: 69606.26929719, 24 hour low: 76.82000, 24 hour high: 89.00000, 24 hour vwap: 82.61516
smickles: it's ok Bugpowder, this is just a bubble.
Bugpowder: no sense in selling calls unless vwap is dipping
deadweasel: C750Ns on coinbr are ask .31 bidding .20... ...... shit I need spreadsheet.
deadweasel: hrm, you think he'd let a noob take look at it and possibly us it?
gribble: BTCUSD ticker | Best bid: 89.10000, Best ask: 89.24500, Bid-ask spread: 0.14500, Last trade: 89.01050, 24 hour volume: 69610.04605213, 24 hour low: 76.82000, 24 hour high: 89.24500, 24 hour vwap: 82.63423
assbot: [HAVELOCK] [SDICE] 6 @ 0.46500025 = 2.79 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.46500011 = 1.86 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.465 = 2.325 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.46 = 1.38 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.459 = 1.377 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.458 = 1.374 BTC [-]
deadweasel: well that's exactly what i needed. Now I just gotta play with it and digest it.
deadweasel: Namworld: I'm looking at your spreadsheet, THANK YOU!
MJR_: well while 2014 is far away, and there will be a big variance...$200?
MJR_: 9 months out will be a crap shoot, but let's shoot some craps
ThickAsThieves: its pretty much counting your chicks before they hatch
MJR_: you have to have SOME idea of what you think is going to happen
MJR_: I think we'll hit 200 this year
MJR_: that is my price estimate
MJR_: i'll revise if there is news or trends
MJR_: but if things continue along their current trends, i am guessing 200
MJR_: they could...that would mean we hit 200 by 2014
MJR_: you can't get higher without going through 200
MJR_: meaning me hit 200 on the way to something higher
MJR_: and i revise estimates again
MJR_: my expectations were 100 by year end
MJR_: and now i think that was too conservative
MJR_: so now i need to adjust my price target
MJR_: given the current situation
MJR_: so i am guessing 200 now
ThickAsThieves: if you are basing your target off of history, that's pretty conservative
MJR_: not a target of on this date...but rather BY this date
gribble: BTCUSD ticker | Best bid: 88.00000, Best ask: 88.17056, Bid-ask spread: 0.17056, Last trade: 88.17056, 24 hour volume: 69973.08329761, 24 hour low: 76.82000, 24 hour high: 89.24500, 24 hour vwap: 82.68129
jurov: o i was looking to bitfloor
gribble: There are currently 3604.954 bitcoins offered at or under 90.0 USD, worth 323360.286725 USD in total. | Data vintage: 3.8502 seconds
MJR_: oh wow, bitfloor is at 91.95
MJR_: and getting taken at that price, right now
deadweasel: Bugpowder: that spreadsheet tells me that all options, bought at their current price would be a loser.
MJR_: the bulls are rampaging today
MJR_: deadweasel: yep...you are buying them expecting a rise in price
deadweasel: but the rise is already here, so the price of them has gone up?
MJR_: deadweasel: also, probably you should never take the ask
MJR_: we are limited by the top of 75C
mpexbot: smickles: O.BTCUSD.C750T Bids: ['5 @ 0.11564277', '1000 @ 0.11255256']
mpexbot: smickles: Asks: ['1000 @ 0.24999998', '1005 @ 0.24999999']
MJR_: at expiration we can play up to 200
smickles: you buy c75 on it's own expecting 100 to be broken and held, currently
deadweasel: also, is it 24hprc or 24vwap? I though tit was vwap
smickles: deadweasel: bc,24hprc is the 24h vwap across all exchanges on bitcoincharts
smickles: and that's the number mpex uses
Chaang-Noi: Most Online Today: 2285. Most Online Ever: 3809 (June 20, 2011, 02:56:13 AM)
gribble: Error: "bc," is not a valid command.
deadweasel: why is the ;;bc,24hprc different than the vwap on ;;ticker -- is it because ;;ticker is taking Gox only values?
gribble: BTCUSD ticker | Best bid: 87.24000, Best ask: 87.99980, Bid-ask spread: 0.75980, Last trade: 87.20000, 24 hour volume: 71455.63235364, 24 hour low: 76.82000, 24 hour high: 89.24500, 24 hour vwap: 82.79927
MJR_: yes vwap is only gox i think
jurov: no, it should be all exchanges
jurov: it was quite different fron gox-reported weighted price
jurov: yes smickles is right
MJR_: wow the subreddit has gone hockeystick i think
MJR_: and only 25 mill to 1 billion dollars
jurov: unconfirmed txs increase by 200-300/hour
gribble: Time since last block: 38 minutes and 3 seconds
jborkl: 3600 waiting transactions
MJR_: which is 2,000 more than like a day or two ago i think
assbot: [MPEX] [S.MPOE] 10893 @ 0.00061253 = 6.6723 BTC [+]
gribble: BTCUSD ticker | Best bid: 87.36201, Best ask: 87.88000, Bid-ask spread: 0.51799, Last trade: 87.88000, 24 hour volume: 71664.46749013, 24 hour low: 76.82000, 24 hour high: 89.24500, 24 hour vwap: 82.96333
assbot: [HAVELOCK] [VTX] 3 @ 0.593 = 1.779 BTC [+]
bgupta: ASICMINER raising hashing target from 50TH for second batch to 200TH!!
bgupta: (slightly lowering divs for the next three weeks to fund the extra capacity)
kakobrekla: asks for password via gui for new addy
bgupta: ah nvm misread.. the 2nd batch is still 50TH, but he is putting together a 3rd batch of 200TH.
bgupta: err third batch of 150TH.
MJR_: hope the price falls, i'd love to scoop up more asicminer
jurov: you can in turn lend it to mp :)
bgupta: well.. not sure how far shorting would go.. I don't believe anyone owns these shares on margin, so guessing not too many weak hands.
MJR_: i wouldn't be shorting
MJR_: just trying to get best price
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.593 BTC [+]
bgupta: The problem as I see it is that if someone wants to get in on btc without too much work, they have three choices 1) buy btc 2) buy mining gear 3) buy mining stocks. As long as AM is leading the metrics, it will carry a premium and be a go to investment, since modern mining gear that will last more than a month or so, can't really be easily had.
bgupta: (and owning plain btc seems less interesting)
bgupta: I'll admit that AM probably has from a strict value investment pov prolly gotten ahead of itself.. but it's a better deal than a) owning fiat, b) building/ordering rigs now, c) other mining stocks.
bgupta: and certainly less risky than leverage plays.
assbot: [HAVELOCK] [VTX] 2 @ 0.593 = 1.186 BTC [+]
bgupta: any one know how much each BFL chip produces Hashrate wise?
bgupta: in theory I mean… IE Full prod run is something like 70k+ chips.
bgupta: want to know how many TH we are looking at if they ever ship.
bgupta: (Obviously if they ship it will take a long time to clear backlog)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 49 @ 0.68 = 33.32 BTC [-]
bgupta: they wouldn't still be taking orders.. if it was 0..
ThickAsThieves: for example, what if their chip design simply doesnt work
KRS-1: I have a preorder as a money transfer request to BFL's bank..looks like it has a preorder number on it, but never sent the transfer..they say it will hold my position though...I wonder.
bgupta: I'm expecting them to ship by June.
bgupta: err by some time in June
bgupta: closer to June than now.
ThickAsThieves: i suspect there really is a big problem with their system
KRS-1: I heard June today myself.
dub: ThickAsThieves: your AM div guess was a bit low
dub: what the fuck is with this esnding satoshis idiocy
bgupta: Hard to know that friedcat was going to choose this period of time to invest in another 150TH of gear. his guess prolly would have been better had they not.
bgupta: actually it would have been low in that case..
ThickAsThieves: chinese proverb say “If you are depressed, you are living in the past. If you are anxious, you are living in the future. Peace is only found in the present.”
assbot: [BTCTC] [BTC-TRADING-PT] 5 @ 0.11119 = 0.556 BTC [-]
[\\\]: who is getting it now?
MJR_: apparently cyberbunker is where the ddos is originating
MJR_: but it is targeted at spamhaus
MJR_: unfortunately they are leveraging dns servers
MJR_: so some people are getting slow downs
Bugpowder: spamhaus should redirect to whitehouse.gov
MJR_: thats a quick way to get someone to notice
MJR_: i really want to see an alternate mesh network spring up
MJR_: with community owned hardware
smickles: MJR_: I've heard the meshnet in seatle is pretty good
assbot: [BTCTC] [GSDPT] 75 @ 0.00414 = 0.3105 BTC [+]
assbot: [MPEX] [S.DICE] 2000 @ 0.0044799 = 8.9598 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.46 = 0.92 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.45700001 = 1.371 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.457 = 1.371 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.456 = 1.368 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.455 = 4.095 BTC [-]
MJR_: 97.60 ask on bitfloor...it could hit 100 there today
assbot: [MPEX] [S.DICE] 591 @ 0.00448 = 2.6477 BTC [+]
assbot: [MPEX] [S.DICE] 5409 @ 0.00448 = 24.2323 BTC [+]
assbot: [HAVELOCK] [SDICE] 11 @ 0.455 = 5.005 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.455 = 1.365 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.454 = 1.362 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4531 = 1.3593 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.45205 = 1.3562 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.452 = 1.356 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.451 BTC [-]
assbot: [HAVELOCK] [SDICE] 33 @ 0.45 = 14.85 BTC [-]
topace: its been preetty close lately
MJR_: smickles: I am going to have to look at that...nyc should have had one a long time ago
topace: from havelock to coinbr? or from coinbr to havelock ?
topace: i suppose either is possible
topace: i'd have to talk to jurov about the implementation detaisl
topace: but yea, anything is possible
topace: it only works for mpex becuase mpex issues a gpg signed receipt that i can verify and ensure uniqueness on
jurov: well, such functionality is on hold at the moment
jurov: cause i don't trust the engine it's 100% reliable
MJR_: if the prc goes to 100 the 75 calls are worth it
jurov: so i can do the transfers manually on request
assbot: [HAVELOCK] [SDICE] 7 @ 0.45 = 3.15 BTC [-]
MJR_: maybe very very slightly worth it
topace: jurov: well if you ever get a request to push or pull from havelock, lemme know, we can do it manually
jurov: i can use normal havelock interface, that;s not a problem
jurov: just on my side checks need to be done
topace: to push to havelock yea, our normal "paste the mpex receipt" will work fine.
MJR_: what is the link to see expected sdice dividends?
topace: if i get a request from someone to push from havelcok to coinbr, how would i go about that ?
assbot: [HAVELOCK] [SDICE] 10 @ 0.44 = 4.4 BTC [-]
jurov: topace, contact me then or send email (support@coinbr.com has gpg key published proper)
topace: (not that i've ever had a request, but good to know)
jurov: yes, it's not requested so often
assbot: [HAVELOCK] [VTX] 10 @ 0.593 = 5.93 BTC [+]
MJR_: thanks ThickAsThieves
MJR_: ThickAsThieves: so it looks like no dividends this month?
MJR_: ah well...i am thinking of doubling down
assbot: [HAVELOCK] [VTX] 3 @ 0.593 = 1.779 BTC [+]
assbot: [MPEX] [S.DICE] 46 @ 0.00415002 = 0.1909 BTC [-]
assbot: [MPEX] [S.DICE] 165 @ 0.00415001 = 0.6848 BTC [-]
assbot: [MPEX] [S.DICE] 9540 @ 0.00388018 = 37.0169 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.0038801 = 3.8801 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00387779 = 3.8778 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00385207 = 3.8521 BTC [-]
assbot: [MPEX] [S.DICE] 10000 @ 0.00385206 = 38.5206 BTC [-]
assbot: [MPEX] [S.DICE] 176 @ 0.0036 = 0.6336 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.43 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.432 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.43 BTC [-]
Bugpowder: The pain of this loss will be healed by the call profits.
MJR_: well...there are two choices now with sdice if you got in after the first ipo
MJR_: you give up, take your losses...throw the btc you have into a bond or something
MJR_: or double down on sdice
MJR_: as the price drops when others pursue strategy 1
MJR_: and then reap some great dividend in april maybe
Bugpowder: I think its a great value at .00399999
deadweasel: is there a mechanism in place for SDICE to repay stockholders in the event MPEX somehow dies? (i'm not saying this is going to happen, I"m asking if there is a strategy)
Bugpowder: The complete account contents are available as a gpg encrypted file
deadweasel: awesome. would passthroughs continue to operate?
KRS-1: what are the s.dice dividends like
deadweasel: why are you doing business with them? namecheap.com
deadweasel: they make it difficult on purpose. they implemented this during SOPA, when namecheap starteds stealing their customers
ThickAsThieves: but if call them, i will surely lose $40+ in life force from stress
MJR_: i registered 3 domains on namecheap (btcshares, btc-etf, bitcoin-etf) like 1 week before they announced accepting bitcoins
MJR_: $40 is a good deal... :(
MJR_: Bugpowder: i wish i coiuld have paid in btc
deadweasel: MJR_: you made money by not using BTC for that
MJR_: but i like to support btc based businesses
deadweasel: me too, i hear ya. I paid for VPN with BTC.
MJR_: eventually anyone who sells at $100 will be like i could have waited for a million
deadweasel: but todays rate i paid 300$ for 1 year of VPN
MJR_: this is all more accounting than anything else
MJR_: and after all....i may lose out on paper profits
MJR_: but i have never payed close to 80 for a bitcoin
MJR_: think last time i dumped fiat was at 49
deadweasel: lol, i bought 5 at $67 in the dip, just because I hpe for BTCUSD at $1000
MJR_: i bought at 26...that was my biggest buy, it was around 30 or so
deadweasel: gotta go ya'll, thanks for all the help today with the options OIX! many thanks!
assbot: [HAVELOCK] [SDICE] 1 @ 0.43 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.429 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.422 = 1.266 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.42150001 = 0.843 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.4215 = 3.372 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.41 = 1.23 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4002 = 0.8004 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4002 = 1.2006 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.4001 = 2.8007 BTC [-]
ThickAsThieves: time to unleash hell on an innocent customer support person...
Ukto: over 250btc sold (half) within the first few minutes
assbot: [BTCTC] [BTC-BOND] 2 @ 0.009994 = 0.02 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.00349 BTC [-]
assbot: [BTCTC] [RSM] 233 @ 0.0035 = 0.8155 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 13 @ 0.672002 = 8.736 BTC [-]
gribble: BTCUSD ticker | Best bid: 88.20004, Best ask: 88.48899, Bid-ask spread: 0.28895, Last trade: 88.48899, 24 hour volume: 72845.53914176, 24 hour low: 77.13000, 24 hour high: 89.24500, 24 hour vwap: 84.05146
TomServo: Haha...a financial system without fraud. That's going great so far.
jurov: financial system without fraud and corruption. nailed it.
assbot: [BTCTC] [RSM] 1 @ 0.004 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.004 BTC [+]
assbot: [MPEX] [S.DICE] 7000 @ 0.00399999 = 27.9999 BTC [+]
deadweasel: nope, back up, was getting 503 for a minute
MJR_: smickles: you could say the system doesn't have fraud, though fraudulent people use it
MJR_: no one would say the dollar is fraudulent because bernie madoff took dollars
MJR_: its fraudulent because it is artificially inflated
smickles: MJR_: this basically reminded me of the falkvinge all in
assbot: [MPEX] [O.BTCUSD.P750T] 30 @ 0.01889435 = 0.5668 BTC [-]
deadweasel: oh yeah, I missed the P too. jesus, I'm gonna get eaten alive if I start trading options. balls.
assbot: [HAVELOCK] [SDICE] 10 @ 0.401 = 4.01 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.56 BTC [-]
topace: anyone know why mtgoxlive.com hasnt worked in ages?
topace: hehe true i've been using bitcoinity lately too
topace: but sometimes i like the mtgoxlive chart just to have open
assbot: [HAVELOCK] [VTX] 1 @ 0.55 BTC [-]
dub: I cant edit my system path because FUCKEN SKURITY
dub: must resist urge to choke these fucks
gribble: BTCUSD ticker | Best bid: 87.50108, Best ask: 88.00000, Bid-ask spread: 0.49892, Last trade: 88.00000, 24 hour volume: 70885.65101480, 24 hour low: 77.90000, 24 hour high: 89.24500, 24 hour vwap: 84.33496
TomServo: blockchain.info is reporting 2333 unconfirmed transactions, not sure if that's accurate
Bugpowder: I finally decided tiberius is an idiot
MJR_: Bugpowder: why did it take this long? did i miss something?
mircea_popescu: there's been a pool of 2-5k waiting txs since about 3 months ago
MJR_: lol, also its funny
MJR_: once everyone moves to bitcoinity
MJR_: it starts slowing down and fucking up
MJR_: i think the fact that blockchain info has a proxy too now
MJR_: nah, its just that everyone slammed clarkmoody
MJR_: so it stopped working
MJR_: then moved to mtgoxlive so it stopped working
MJR_: and now bitcoinity is really slow and the bottom chart disappears and needs to be reloaded
smickles: < mircea_popescu> there's been a pool of 2-5k waiting txs since about 3 months ago << that's a bit misleading, it's not like there are unconfirmed txns that have been waiting that long
Bugpowder: he has a general framework and understanding
dub: tbh the anti spam industry is full of retarded fuckwits that deserve to die
mircea_popescu: smickles a no, i just mean there's a sort of pool for the cheapskates who won't add a fee
Bugpowder: also one of the biggest douches I have come across
dub: they are mostly hillbillies with no operational experience
smickles: maybe just the way i read it tho
mircea_popescu: what's the avg for a nofee tx to make it to a block by now, 12 hours ?
mircea_popescu: dub that they're clueless/stupid is not even the main problem. they're crooked.
mircea_popescu: as in, selling access to spammers. they're not the antispam industry, they're the spam apportioning industry.
mircea_popescu: <Bugpowder> but he is half blind << i still think he's trying the "i am king of the world you must play my little debate games on my terms for me to understand the world or else it won't be understood by one such as me to its detriment" sillyness
jurov: quite a mayhem ensued on #bitfunder, Ukto dropped another IPO
Ukto: _I_ didnt drop it..
jurov: put it in place without pre announcement
Ukto: for all I know..with another issuer going nuts wanting to launch
Ukto: there might even be another today
Ukto: and he hasnt made any secret of it
jurov: lol, so i will make another 20% on it?
jurov: (i just sold call option to namworld expiring today)
smickles: quickbtc is bitcoin for google wallet
Ukto: they have an excellent history/rep :)
mircea_popescu: how is bitcoin for google wallet supposed to make money ?
Bugpowder: I use my google wallet all the fucking time
Ukto: mircea_popescu: he sells btc using google checkout
Ukto: they do a special membership thing, to get ppl identified
smickles: mircea_popescu: i get email too :D
Bugpowder: when are people going to get that bitcoin is bad for microtransactions
Bugpowder: the container of shoes vs. the shoe analogy is good
mircea_popescu: Bugpowder never, because i said it, and i'm a sociopathic arrogant evil guy.
assbot: [HAVELOCK] [SDICE] 1 @ 0.439 BTC [+]
Bugpowder: I'm still waiting 3 weeks for a response to my inquires about where my earphones are from the bitcoinstore
mircea_popescu: o wait, my email gets better. "We noticed that you haven't signed in to your eBay account for quite some time, and we'd like to invite you back to buy and sell again. eBay's a great place to buy what you want, and sell what you have."
mircea_popescu: not like... "hey, we notice we suck because we're douches" but "we notice we're so incredibly great"
assbot: [HAVELOCK] [SDICE] 1 @ 0.439 BTC [+]
Ukto: Bugpowder: 20%+ on ebay depending on category
smickles: "MPEx will never list anything which mircea is not a majority shareholder"
jurov: ;;everify freenode:#bitcoin-otc:5f2e6c77f8ae4bf16888289715057650abb8d69bb81c889f36665505
gribble: You are now authenticated for user jurov with key 677ABD62D0AEE7D7
assbot: [MPEX] [S.DICE] 26 @ 0.00399999 = 0.104 BTC [+]
smickles: but we can't believe you because you're romainian
mircea_popescu: so basically mpex makes more dough than all the exchanges combined but we can't believe this cause i'm evil.
smickles: and you live in the good part of romainia, so you're an extra good scammer
smickles: i'm simplifying what he said, but the spirit is there, imo
mircea_popescu: but it's funny you know, the assumptions people make who are ignorant of history.
Ukto: mircea_popescu: no cryprian atm bombs near you lately ?
mircea_popescu: mpoe was here before bitcoinica. what's that matter tho if you're born march 2013
mircea_popescu: Ukto romania is actually in such a good position i prefer keeping lei to euro.
Ukto: i just ment angry mob wise
Ukto: not neccesarily funds :)
Ukto: i didnt think there would be many angry cyprians
mircea_popescu: see, here's a thing : romania is ~20mn people and holds ~120 tons of gold.
smickles: funny sorta-similar-bank-name's atm
mircea_popescu: non-germany yurp is like 300mn people holds what, 1000 tons ?
mircea_popescu: Bugpowder no this is actual gold. romania is lucky in that the natl bank governor is literally the brightest mind in the field atm.
mircea_popescu: think greenspan, except he gets a romanian deal, whereby he owns that chair and ocasionally gets to be the prime minister.
jurov: mircea_popescu: are you planning to coopt him?
Bugpowder: Santelli is not happy with gold anymore
assbot: I don't give a shit who saw what and who did what or who did who.
assbot: It's so strange that you don't remember any of your poetry.
mircea_popescu: jurov no. we can't coopt each other sadly, but honestly he's smart enough.
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 77.33064121 high: 81.26895624 low: 48.45744947 volume: 71439 btc: 8379.0230226 30 day: no data
Bugpowder: "securitization of gold has killed it as an ayn rand end-game currency"
jborkl: assbot> I don't give a shit who saw what and who did what or who did who. < I like that assbot
mircea_popescu: ya but on the other hand... securitization of gold is unavoidable.
mircea_popescu: gold has serious issues that don't go away just cause we'd wish them to.
dub: "if the internet felt a bit more sluggish for you over the last few days in Europe, this may be part of the reason why."
dub: reaching europ from th einternet has always been sluggish
jurov: gold issues will be overcome when we get teleportation tech :D
smickles: *non-destructive teleportation tech
Bugpowder: I recommend drinking aqueous gold so that you can incorporate it within your essential bodily tissues
jurov: and get killed to harvest it, eya?
mircea_popescu: some idiot is going to go "brain surgeon researcher guy recommended this toxioc stupid process"
smickles: oh that's right, Bugpowder you have a position of responsibility
jurov: no thanks. i prefer MMS drops.
Bugpowder: do you turn gold if you drink colloidal gold?
gribble: BTCUSD ticker | Best bid: 87.40003, Best ask: 87.49999, Bid-ask spread: 0.09996, Last trade: 87.40001, 24 hour volume: 70763.99455011, 24 hour low: 78.02000, 24 hour high: 89.24500, 24 hour vwap: 84.48762
mircea_popescu: i think there's cutanous inglobation and also the potential for some benign visceral tumours
gribble: BTCUSD ticker | Best bid: 87.40004, Best ask: 87.50000, Bid-ask spread: 0.09996, Last trade: 87.50000, 24 hour volume: 70598.11766889, 24 hour low: 78.02000, 24 hour high: 89.24500, 24 hour vwap: 84.50209
jurov: Bugpowder, better get implant with privkeys
jurov: won't trip metal detectors
jurov: and available at nearest vet :)
jurov: privkey has to be on some private location
Namworld: Suiting place for a private key.
Bugpowder: Europeans at a real advantage here
jurov: really all 'muricans are shaved and cut?
jurov: or because of tsa?
Bugpowder: changing now that some states no longer pay for the procedure
mircea_popescu: so basically... upon news that bitcoinity is mpex approved everyone hammers site into the ground.
jurov: yes? did not notice anything
pizzaman1337: I'm pretty sure the blockchain.info inclusion of it probably did that
jborkl: mp, can i get a deposit cleared
jcpham: more info on the 300gbit ddos
mircea_popescu: jcpham lol cloudflare trying to parlay themselves into any ddos discussion.
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.34999 = 1.05 BTC [+]
TomServo: Did they blame juniper again? heh
mircea_popescu: these all-marketing corps will end up driving us into the ground.
mircea_popescu: already the all-marketing banks fucked up this generation's life.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]
gribble: There are currently 1707.8129 bitcoins offered at or under 89.9 USD, worth 152553.745975 USD in total. | Data vintage: 0.0015 seconds
taub: why isn't there a futures contract on btcusd?
mircea_popescu: taub what function would it serve that options don't cover ?
taub: just one instrument and easier to see the price directly
mircea_popescu: taub the thing is i don't like making futures which don;t include delivery. in my eyes unsettled future pretty much = scam.
taub: i can get 40 on cpu mining litecoins
mircea_popescu: but if you know someone who can do the delivery part i'd list it.
taub: you can do cash settlements
mircea_popescu: pizzaman1337 the problem is that if the buyer of the underlying future does not have the "i'll take delivery" recourse
mircea_popescu: and i don't want to introduce more garbage in bitcoin finance, idiots do enough fo that.
dub: new daily asic scams
mircea_popescu: taub what happens if at settlement time "gold is worth 1200 usd" ?
mircea_popescu: this was the problem with so-called futures like the icbit ones, have you seen that article back then ?
taub: i quit bitcoin for 2 years after i found out THE LAW wouldn't let me run my fiat exchange
gribble: BTCUSD ticker | Best bid: 88.00642, Best ask: 88.48999, Bid-ask spread: 0.48357, Last trade: 88.49000, 24 hour volume: 70736.16864776, 24 hour low: 78.02000, 24 hour high: 89.24500, 24 hour vwap: 84.54575
gribble: Error: "(" is not a valid command.
taub: where will it break out to?!
deadweasel: so that means you made .049 for each option you purchased?
taub: how many did you buy?
thestrin1puller: mircea_popescu: i followed bugpowders bet as an experiment
thestrin1puller: only 4 but its like 200% bugpowder probably has made at least 100 grand
gribble: There are currently 1684.1113 bitcoins offered at or under 89.94 USD, worth 150483.030546 USD in total. | Data vintage: 0.0017 seconds
mircea_popescu: you people need to stop making money off the fake mpex volume and shit.
Bugpowder: I'd like to thank the people that made this day possible
mircea_popescu: Bugpowder should stop dicking around and start a 500mn dolla fund to invest in bitcoin crap.
mircea_popescu: but no, he's buying cars and decerebrating mice. fucking waste.
mircea_popescu: so, romania is a fucking backwater. the people here were mentally retarded as recently as 20 years ago.
deadweasel: bug, you should do start that EBAY killer, then you can remove mouse cerebellums
mircea_popescu: and i do mean this. of a 50k strong police force you couldn't find ten cops who knew what pot smelled like.
mircea_popescu: let that sink in for a minute, half the arab doctors schooled in cluj, cops have no idea what pot is.
taub: maybe they have better things to do than hunt kids with drugs
mircea_popescu: pretty much communist stuff, this is how it ends up. people just sheeple around, govt provides, everyone's clueless like a 16 yo priss.
mircea_popescu: so, a year after the revolution someone started a ponzi.
mircea_popescu: now this one guy, a carpenter, he got in early and let it ride.
mircea_popescu: one friday he was scheduled to go pick up his huge loot. i mean packets of loot.
mircea_popescu: he went to his boss at where he worked to get an coupla hours off before lunch to get his loot.
dub: taub: bitch had it coming
mircea_popescu: but understand your boss is whoever is cutting the checks.
Bugpowder: I think it would be easier to fund a lab with bitcoin investments than to get NIH grant money
jurov: SHA-shaped labyrinth
deadweasel: just pitch the dead ones out the window
jurov: <noooob> i dont understand why Satoshi made the weakness of 50% atack.. it would feel better if the threshold was at 80-90%
jurov: ^^ just peeked into -otc
Bugpowder: argh... I could make a real bitcoin fund
mircea_popescu: make sure you don't break any laws, don't lie to anybody, and fucking do something useful with your time
deadweasel: mircea_popescu: best life advice evar.
deadweasel: and I swear I never thought I'd say that
dub: thats terrible advice for business
deadweasel: Bugpowder: if you need any help, i'd be honored (for .5btc per hr.) :D
Bugpowder: bitcoin just didn't seem like it would have the market cap to make it worth it, until the last 2-3 months
gribble: smickles was last seen in #bitcoin-assets 12 minutes and 50 seconds ago: <smickles> doobey oooby oooby
thestrin1puller: smickles: will you be able to get the account statement stuff in a bit?
dub: if Gates or Jobs followed those rules they would be in the gutter
mircea_popescu: It attracted millions of depositors from all over the country who invested more than a trillion old lei (between one and five billion USD) before it finally went bankrupt on 14 August 1994
mircea_popescu: this is why we don't motherfucking want polite people, this is what we don't want sfw and this is why we don't want governments.
Diablo-D3: see, this is why I want to provide a nice big investment opportunity to bitcoin
Diablo-D3: just so people like mircea_popescu can stfu about "governments"
mircea_popescu: Bugpowder pretty soon you'll need a totally new log base invented just for you
Bugpowder: see, I'm not doing that good in terms of total BTC multiplied
mircea_popescu: i stick them in a girl's vagina, end up with two girls.
jurov: also, vag very useful for teleportation
KRS1: thats totally true..i've found myself comming and going quite a bit in vag
jurov: errr... i mixed that up. for teleportation, ass is used
taub: i still think you could add cash settlement futures
taub: 2 people enter a contract buy/hold
taub: at the end one pays the difference to the other over the settlement price
taub: which you can pull like you do now from 24h price or some other source
taub: there are lots of futures contracts that are settled in cash
assbot: [MPEX] [S.DICE] 1950 @ 0.00395302 = 7.7084 BTC [-]
assbot: [MPEX] [S.DICE] 2989 @ 0.0037 = 11.0593 BTC [-]
assbot: [MPEX] [S.DICE] 5379 @ 0.0036 = 19.3644 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.0033 = 6.6 BTC [-]
assbot: [MPEX] [S.DICE] 5034 @ 0.003198 = 16.0987 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00310002 = 0.31 BTC [-]
assbot: [MPEX] [S.DICE] 12548 @ 0.00310001 = 38.8989 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1069 BTC [+]
taub: holding btc more profitable
taub: whats the time the bot creates new batches of options?
assbot: You know, I've had it up to here with this Indian malarkey.
assbot: [MPEX:S.MPOE] 1D: 0.00060001 / 0.00061926 / 0.00063879 (140012 shares, 86.70 BTC), 7D: 0.00060001 / 0.00068066 / 0.00077402 (2007346 shares, 1,366.33 BTC), 30D: 0.00060001 / 0.00073633 / 0.00078628 (16817351 shares, 12,383.12 BTC)
damientrog: what's up with S.DICE? Why is it going so low?
mircea_popescu: damientrog possibly cause this will be a low div month
mircea_popescu: anyone here want to make an open-source bitcoin gambling platform ?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.711 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71 BTC [-]
taub: i dont like gambling
mircea_popescu: damientrog it had some crazy months so people came to expect it i guess
mpexbot: mircea_popescu: S.DICE Bids: ['1025 @ 0.00310001', '805000 @ 0.0031', '100 @ 0.00100121', '3000 @ 0.00100002', '7500 @ 0.00100001']
mpexbot: mircea_popescu: Asks: ['53154 @ 0.00399999', '2084 @ 0.00429257', '3815 @ 0.00448', '9896 @ 0.00475', '5248 @ 0.00479999']
taub: i wrote something like betfair in perl
assbot: [BTCTC] [GSDPT] 15 @ 0.00438 = 0.0657 BTC [+]
taub: betting is amoral :)
gribble: There are currently 1998.9507 bitcoins offered at or under 90.0 USD, worth 179742.368423 USD in total. | Data vintage: 0.0018 seconds
taub: dont be surprised to se a $3 jump
assbot: [HAVELOCK] [SDICE] 3 @ 0.40011 = 1.2003 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.4001 = 1.6004 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.39804 = 4.7765 BTC [-]
taub: that was before i had a religious experience mircea_popescu
taub: how else could i define morality
Bowjob: i just had some pad ped.. shit was extremely spicy
Bowjob: i like it though. the food was like.. "Want to eat me? You have to fight for it first."
Bowjob: it was delicious. nomnomnom
assbot: [HAVELOCK] [VTX] 2 @ 0.594 = 1.188 BTC [+]
assbot: [HAVELOCK:VTX] 1D: 0.47000000 / 0.57394246 / 0.70000000 (224 shares, 128.56311141 BTC), 7D: 0.38280000 / 0.42510779 / 0.79900000 (11366 shares, 4831.77511485 BTC), 30D: 0.38280000 / 0.42531821 / 0.79900000 (11489 shares, 4886.48091485 BTC)
assbot: [HAVELOCK] [VTX] 2 @ 0.594 = 1.188 BTC [+]
Ukto: not reading just skimmning
Ukto: easily faked numbers
Ukto: happy to be mentioned
assbot: [HAVELOCK] [SDICE] 3 @ 0.4389 = 1.3167 BTC [+]
taub: Please take under consideration that their site is much more older then BitBillions and the fact that number of shares, meaning fund's popularity, is an important factor in shares future performance.
assbot: [HAVELOCK] [SDICE] 6 @ 0.44 = 2.64 BTC [+]
taub: 23:32 < Bugpowder> see, I'm not doing that good in terms of total BTC multiplied
taub: 23:32 < Bugpowder> only 2.35x
taub: and what was the risk?
taub: I mean in that one big trade today
taub: I doubt he risked everything
taub: would be stupid, even when you can double your cash
pizzaman1337: mircea_popescu: is it possible to make options, sell them, later buy them back, and have the BTC freed up to use for something else? I don't see why it needs to be kept
mircea_popescu: there's not a way to get collateral back before end of month atm, no.
pizzaman1337: could you add that sometime in the future? I now have BTC tied up that I was hoping would be free
taub: that would prolly be a feature for a broker
mircea_popescu: it's not very likely to be added, no. option underwriting is a business, not a casual endeavour.
ThickAsThieves: since i have yet to excercise an option i think i need clarification
mircea_popescu: the approach for the retail user is to buy long puts/calls, not to sell shorts.
ThickAsThieves: is that to say, if i excercise, i dont get the btc til month's end?
pizzaman1337: mircea_popescu: I see. It seems like you might be able to get more volume though if people have free btc to use more often
assbot: [HAVELOCK] [VTX] 1 @ 0.594 BTC [+]
mircea_popescu: you put up the collateral for an option, you've paid the fare, now you can buy/sell it as many times as you want.
mircea_popescu: the idea is that you do 5000 trades a month but never wider than 500, so you put up collateral for 500.
mircea_popescu: the idea is NOT that you swarm in, make 5000 options, then leave, then swarm in later.
mircea_popescu: the point is to stabilise the bitcoin macroeconomy, not wreck it.
assbot: [BTCTC] [PAJKA.BOND] 15 @ 0.1078 = 1.617 BTC [+]
gribble: There are currently 43462.343 bitcoins offered at or under 100000000.0 USD, worth 355260396.662 USD in total. | Data vintage: 0.0030 seconds
gribble: There are currently 35745145 bitcoins demanded at or over 0.0 USD, worth 9473710.73262 USD in total. | Data vintage: 32.9370 seconds
pizzaman1337: What I did was make put options, sold them, bought the same amount back cheaper, and now I have "locked in" profit. But, the btc are still deposited as surety.
gribble: BTCUSD ticker | Best bid: 88.40000, Best ask: 88.41001, Bid-ask spread: 0.01001, Last trade: 88.41001, 24 hour volume: 71991.10681540, 24 hour low: 78.40000, 24 hour high: 89.49999, 24 hour vwap: 84.79083
taub: btc/usd ratio is 216
taub: i like to look at it where it moves for the short term pressure
mircea_popescu: ya but i mean someone could just put 5 btc at 1mn usd in the book
taub: it only counts the btc in the ask
taub: its great, also works with the socketio beta, which has been fantastically stable
taub: i dont trade with it, but better than clarkmoody for me
gribble: There are currently 2427.7609 bitcoins offered at or under 90.0 USD, worth 217989.998814 USD in total. | Data vintage: 0.0016 seconds
gribble: There are currently 765.14819 bitcoins demanded at or over 87.0 USD, worth 67115.21744 USD in total. | Data vintage: 2.7106 seconds
gribble: There are currently 4163.2509 bitcoins demanded at or over 85.0 USD, worth 357750.134594 USD in total. | Data vintage: 12.4329 seconds
taub: the ratio would prolly be better if you divide it by the last price
gribble: A market order to sell 100 bitcoins right now would net 8824.0000 USD and would take the last price down to 88.2400 USD, resulting in an average price of 88.2400 USD/BTC. | Data vintage: 37.8858 seconds
gribble: A market order to buy 100 bitcoins right now would take 8865.7279 USD and would take the last price up to 88.7700 USD, resulting in an average price of 88.6573 USD/BTC. | Data vintage: 44.1744 seconds
gribble: A market order to buy 500 bitcoins right now would take 44608.6915 USD and would take the last price up to 89.5000 USD, resulting in an average price of 89.2174 USD/BTC. | Data vintage: 51.8755 seconds
gribble: A market order to buy 800 bitcoins right now would take 71528.1483 USD and would take the last price up to 89.8700 USD, resulting in an average price of 89.4102 USD/BTC. | Data vintage: 57.6225 seconds
gribble: A market order to buy 1000 bitcoins right now would take 89503.3366 USD and would take the last price up to 89.9000 USD, resulting in an average price of 89.5033 USD/BTC. | Data vintage: 62.6785 seconds
jborkl: mp.can i get a deposit cleared
taub: looking for big possible retracements, but i dont see it really
taub: but i usually dont got top fishing
taub: 87 very likely, just because that was the range, and it kinda failed to break out of it
taub: depth says it would be more likely to go to 86 than to 90
BitHub: smickles i'm guessing that subreddit is blank?
benkay: mircea_popescu would probably suggest they find women who accept their role in the world
smickles: BitHub: naw, full of divorce courts screwing men over
assbot: [BTCTC] [BASIC-MINING] 13 @ 0.34999 = 4.5499 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.35 BTC [+]
BitHub: btw asicminer divs suck now
Diablo-D3: they're exactly what was originally contracted for
BitHub: yeah i know but i miss it
Diablo-D3: remember, friedcat has already ordered the hardware to bring the pool up to 60th
BitHub: oh yeah so if all goes all and implements it divs will be high again
Diablo-D3: hes going to have to start selling boards though
Diablo-D3: did all 600 batch 2 avalon get sold?
BitHub: yeah true, i was going to ask, if they were going to sell a rig or anything?
BitHub: batch 2 and 3 i believe
assbot: [BTCTC] [GSDPT] 50 @ 0.00438 = 0.219 BTC [+]
assbot: [BTCTC] [GSDPT] 35 @ 0.00438 = 0.1533 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.739 = 1.478 BTC [+]
assbot: [MPEX] [S.MPOE] 10200 @ 0.00060554 = 6.1765 BTC [-]
assbot: [MPEX] [S.MPOE] 1869 @ 0.00060077 = 1.1228 BTC [-]
assbot: [HAVELOCK] [HIM] 13 @ 1.8 = 23.4 BTC [-]
Bowjob: looks like it. i wish i grabbed more avalon 2s
dub: was stable at 51th for a few days
assbot: [HAVELOCK] [SDICE] 7 @ 0.41100001 = 2.877 BTC [-]
assbot: [MPEX] [S.DICE] 39 @ 0.00399998 = 0.156 BTC [+]
gribble: BTCUSD ticker | Best bid: 89.02000, Best ask: 89.02845, Bid-ask spread: 0.00845, Last trade: 89.02845, 24 hour volume: 68638.37125383, 24 hour low: 78.60100, 24 hour high: 89.49999, 24 hour vwap: 85.38873
ThickAsThieves: just need to hang in there 3 or 4 more hours, then buyers will be back
dub: Luke-Jr level crazy in those comments
dub: Mission Unaccomplished. They should have left a note on a Bouy saying" Do Not Disturb, Religion of peace at work".
dub: Don't give up peace lovers, you will eventually succeed in cutting those Cables.
dub: you say everything is in koran, what do you need internet for???
Bowjob: I think I got a delivery for my casa coin
Bowjob: ill get mine tomorrow since apparently i didnt answer the doorbell
Bowjob: I think it's a good idea to buy 10 BTC coins
Bugpowder: I wonder if we will se resistance as we approach 100, or acceleration
Bowjob: they appreciate in value
Bugpowder: I have a 25 and a silver 10 and a handful of 1s
Bowjob: the 10 coins go for 20
Bugpowder: gave some 25s away a long time ago.
Bowjob: well.. the 10s look really really good
Bugpowder: are the first printings going to go for more?
assbot: [HAVELOCK] [VTX] 6 @ 0.595 = 3.57 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.575 BTC [-]
Bowjob: the shipping to canada option is .6 BTC
assbot: [BTCTC] [B.YABMC] 1 @ 0.01965 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.575 = 1.725 BTC [-]
assbot: [HAVELOCK] [VTX] 6 @ 0.57 = 3.42 BTC [-]
assbot: [HAVELOCK] [VTX] 8 @ 0.565 = 4.52 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.56 = 5.6 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.55 = 5.5 BTC [-]
assbot: [HAVELOCK] [VTX] 12 @ 0.545 = 6.54 BTC [-]
assbot: [HAVELOCK] [VTX] 6 @ 0.541 = 3.246 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.535 = 2.675 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.533 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.532 = 1.596 BTC [-]
assbot: [HAVELOCK] [VTX] 12 @ 0.51245 = 6.1494 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01966 BTC [+]
Bowjob: mhm, one value combo and.. 5 BTC coins
bgupta: burnside can you check the bids on asicminer, they seem out of order
Bowjob: so far no dividends in place
Bowjob: I'm already thinking.. order up (10) 1 BTCs, one value combo for (1) 25 BTC and (2) 1 BTC.. and (5) 10 BTC all 2013s
Bowjob: seems like a good idea
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.36 BTC [+]
Bowjob: tiber.. thank you for sharing us what you think
ThickAsThieves: Bitcoin has appreciated like crazy, and as described, I predict it will continue to do so. There are already eight decimal places in the system. Please make it possible to use milli- and microbitcoins as soon as possible; bitcoin will continue to climb like crazy and may even accelerate. A currency where the smallest unit can buy you a small house is not practical for everyday use.
ThickAsThieves: I would like to be able to use millicoins and microcoins. I know the system can handle it down to 1/100 of a microcoin; please make it possible in the interface as well."
smickles: it wasn't possible at the time
Bowjob: I also heard that casa will make 0.5 and 0.1 coins
gesell: is saatoshidice down for maintenance or something?
Bowjob: 1dice9wcMu5hLF4g81u8nioL5mmSHTApw
Bugpowder: jesus christ if joe reddit keeps complaining about millibitcoins I'm going to puke.
benkay: who's your bitcoin vendor of choice?
Bowjob: theres this guy that accidentally escrowed 42 BTC to the wrong address
Bowjob: the address probably doesnt exist
Bowjob: let those 42 BTC don't go to waste; triple check every address
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.681007 BTC [-]
Bugpowder: permenatly sending to an address that doesn't exist?
Bowjob: "^I confirm this as the escrow. Apparently OP copied the wrong address for me from the firstbits system.."
Bowjob: "Apparently, 17ifs was not parked, but part of a steganographic message that happened to include it. The address might well belong to nobody at all. ugh..."
mircea_popescu: Bugpowder its impossible to send to an invalid address
smickles: the funny thing about falkvinge, is he went all in and the exchange rate crashed
Bowjob: So the address exist but no one has the keys for them?
benkay: do you understand the protocol, bowjob?
Bowjob: like wallet.dat has keys, not bitcoins
Bowjob: but i dont understand "
Bowjob: Apparently, 17ifs was not parked, but part of a steganographic message that happened to include it. The address might well belong to nobody at all. ugh...
Bugpowder: How does adding another wheel improve trust and security?
mircea_popescu: Bowjob you;'re in good company, i have no idea wtf that means either.
mircea_popescu: like, say your best friend has a sister, and you don't know her.
mircea_popescu: so as a measure of safety, you fuck him and he fucks her
mircea_popescu: instead of going directly and catching who knows what.
Bugpowder: Along those lines... I think I'll turn in early tonight. See you at 95.00 hours.
benkay: i'm baffled that nobody seems interested in doing m-of-n transactions
smickles: i'd say it's more like he fucks her and tells you how it was
jborkl: seems safer if its your brothers sister
smickles: benkay: probably because there isn't an easy gui for it
mircea_popescu: benkay im not using them because i don't see the benefit really.
benkay: one doesn't have to herd cats
benkay: a signs tx outputs to a
benkay: b signs tx outputs to b
benkay: c waits, then signs to a or b
benkay: and nothing keeps a from spending the coins in the interim
smickles: i just thought of something which is probably accounted for, but what if i start an m-of-n, but before the coins are
benkay: no commission, the spent inputs are invalid for the escrowed txn
assbot: [MPEX] [S.DICE] 1 @ 0.0035001 BTC [-]
mircea_popescu: basically, it;s a bulky impractical geeky solution to a problem that doesn't really exist.
benkay: this routine sounds familiar
mircea_popescu: exactly the sort of thing bitcoin-geeks implement instead of testing the bitcoin client
gribble: BTCUSD ticker | Best bid: 87.50000, Best ask: 87.60010, Bid-ask spread: 0.10010, Last trade: 87.64419, 24 hour volume: 67656.57933412, 24 hour low: 79.95000, 24 hour high: 89.49999, 24 hour vwap: 85.76934
mircea_popescu: basically we have mpex ; havelock/bf/btct ; icbit/bitfinex/picostocks/bitbillions/whatever was the other two or three shits
benkay: everyone knows you da keeeng
Bowjob: virtex is trading at 94-93
assbot: [HAVELOCK] [VTX] 1 @ 0.55 BTC [+]
benkay: ugh bitfloor is tres pricey
dub: wheres the top nignogs
ZedsterX: it's a holiday i think they need to relax
gribble: There are currently 333.01557 bitcoins offered at or under 94.0 USD, worth 31303.4592214 USD in total. | Data vintage: 0.0012 seconds
Bowjob: cypriots open in one hour
ZedsterX: hehe nah just those that follow that jesus dude
Bowjob: yeap. i'll watch the markets. heh
Chaang-Noi: in cyprus you can only get 300 euro out a day anyway
Bowjob: anyway, im sure they will take what they can
ZedsterX: cyprus is definitely in holiday mode
Bowjob: well,, those 300 adds up.
Bowjob: id be pissed off if it takes me 1 month to pull 9 grand
gribble: There are currently 0 bitcoins offered at or under 84.0 USD, worth 0.0 USD in total. | Data vintage: 0.0010 seconds
gribble: There are currently 331.00957 bitcoins offered at or under 94.0 USD, worth 31114.8695592 USD in total. | Data vintage: 0.8232 seconds
gribble: There are currently 1358.6874 bitcoins offered at or under 95.0 USD, worth 128551.288164 USD in total. | Data vintage: 5.9807 seconds
gribble: There are currently 10174.928 bitcoins offered at or under 99.0 USD, worth 989746.147981 USD in total. | Data vintage: 13.7487 seconds
gribble: There are currently 331.00957 bitcoins offered at or under 94.0 USD, worth 31114.8695592 USD in total. | Data vintage: 31.2242 seconds
assbot: [MPEX] [S.MPOE] 6433 @ 0.00061111 = 3.9313 BTC [+]
bgupta: where is all the buying coming from?
bgupta: mircea_popescu: What's your interest in DRM?
Bowjob: i feel bad for ATC777. he sold at 72, been a bear since. he owes me like 3.5 BTC
bgupta: Oh so… you are cursing the people the defective by design people are fighting?
bgupta: (DBD is an FSF campaign)...
bgupta: I was actually at LibrePlanet this past weekend.
mircea_popescu: for one, mixing regulation and standard is possibly the one point where american idiocy shines.
mircea_popescu: the standard must mesh on reality, and the standard must specifically allow things that are illegal.
Chaang-Noi: i think you mean A point? one of many?
mircea_popescu: much like a gun will shoot at a child, puppy, policeman or president as well as it will shoot at a bank robber, rapist etc
Chaang-Noi: man, i think it shines all over the place
bgupta: THe biggest issue right now, is that big media is fucking the world.
Chaang-Noi: i did not know you were so pro usa before
mircea_popescu: bgupta nah, it's that "well meaning" and "polite" idiots are tring to enmesh their _mistaken_ assumptions into the very world they inhabit.
bgupta: ALl these insane laws that keep popping up are all big media trojan horses..
mircea_popescu: they're just symptoms of a generalised attempt to make the world more like "it should be"
bgupta: SOPA, PIPA, ACTA, CISPA.. etc.
Chaang-Noi: how much do you think one of the first bfl assics, the 60 ghs one would be worth on the open market assuming they shipped next week?
bgupta: no they have a stupid monopoly that they are trying to hang onto, and keep printing money
bgupta: copyright laws have run amok..
bgupta: particularly in the US…
Chaang-Noi: i dont get it, why wait until we get a new ath then sell off, iv seen this more than once
bgupta: well if you have a large position the only way to unload is to sell into strength..
taub: the hoarders come out
Chaang-Noi: it went from 91 right to 94 the spread is huge
Bowjob: chang where are you watching from
bgupta: mmm. mtgox is still showing 94.34ish
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.3243953 = 324.3953 BTC [+]
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.30214597 = 302.146 BTC [+]
Bowjob: i watch this shit from coinlab
bgupta: ah just dropped to 93.25
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.27989663 = 279.8966 BTC [+]
bgupta: damn this coinlab changover is lame
taub: yea well not for now
Bowjob: cant wait to see my coin tomorrow.. the one molec sent
toffoo: is there some javascript way to get past it like NYT ? ;D
mircea_popescu: it's a gentle reminder that if you read somebody's stuff daily perhaps you should pay a centy
toffoo: unless he's cookieing me
mircea_popescu: toffoo no. actually there's an artcile mocking the newcomer nyt for their failure
mircea_popescu: (at the time nyt joined trilema had been charging for content for > a year. it's really the first publisher on the web to do it)
taub: well its not quite at the top i'm fishing at
taub: it didnt even take out a swing low
toffoo: you're a pioneer in so many ways
Bowjob: the double wizard pattern
bgupta: What's interesting is I don't think I will ever plan to con vert btc into fiat again.. (Bearing in mind currently btc is a small but ever growing fraction of my networth)… If I need something I will spend my fiat, and keep my btc. If I ever need something beyond the abilities to pay with fiat, I'll pay directly with btc.
toffoo: Chaang-Noi mircea_popescu I wrote an email to friedcat last night asking him to clarify the issue of the "missing" 6 TH ...
taub: i do think we are bound for a big retracement
taub: this has gone up way too fast
mircea_popescu: toffoo lemme know if he answers anything worth the mention then.
bgupta: I don't trade btc/usd. I accept the volitility.
toffoo: I interpret his reply to mean that it's been a space or power issue … I quote:
toffoo: "The rest devices are waiting to be deployed in the new place, which is under active construction to fit in both the first and the next batch of devices. They should be online sooner than the next batch, which is also close."
mircea_popescu: if i had an ops manager who had the equivalent of asics waiting in boxes for ~2 months i wouldn't just fire him
mircea_popescu: i'd fire him in such a way he's never hired again by anyone anywhere.
toffoo: well I previously didn't know that finding a place for these super chips was an issue
bgupta: mircea_popescu: The big news for me is that the have or are working on a third batch, to bring total hashing to 200TH
toffoo: good thing i don't work for you
mircea_popescu: that's nonsense news. "sometime in the indefinite future BIG NUMBERS"
taub: getting a fight or flight feeling from this movement...
taub: shits gonna go down
bgupta: you guys don't really like this mining company?
mircea_popescu: toffoo well, suppose you got a hot chick ready and willing and you kept her waiting february to april because you couldn't find a place.
toffoo: i hate when that happens
mircea_popescu: bgupta i like the part where they're hashing. i dislike the part where i suspect they're lieing.
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.3258973 = 325.8973 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 61.30265123 / 81.54539345 / 81.56783226 (54813 shares, 7,964.16 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
bgupta: Being someone who did a small scale GPU mining operation 2 years ago. I can say the power/cooling/space issues aren't something traditional ops managers can deal with, nor are traditional datacenters built for this kind of operation.. I had to get many additional power circuits pulled in.
bgupta: I know what they are doing is not trivial, considering that they aren't just mining
bgupta: intersting news that maybe avalon will deploy 3rd batch for their own mining operation
bgupta: leaving only bfl for the masses.. (if they ever ship)
Bowjob: they will deploy 100 units for themselves
Bowjob: since it used to be 600 units for pre order
Bowjob: ask the guy who bet 500 BTC on yes that BFL would ship by march 1st
bgupta: if bfl truly never ships, then asicminer is certainly undervalued..
Bowjob: avalon may need to step their game up
bgupta: I still find that challenging to believe they will never ship..
Bowjob: we may not need a "june betting thread for BFL"
bgupta: I'm wondering if their is a dark horse out there.. that we don't know about now.
toffoo: i have a feeling the asic race is something they'll be reading about in business school textbooks some day
Bowjob: they will be exposed as a scam
toffoo: only in the loosest sense of the word
Bowjob: "Niger $1,064,000,000.00 $97.44"
bgupta: bear in mind all of these companies are rank amateurs muddling their ways through this.. companies like amd/intel/ti they would have shipped.
Bowjob: Wtf. didnt know they had that much
bgupta: I understand.. this would have been mickey mouse work, for the big silicon companies.
mircea_popescu: no, this would have been mickey m,ouse work for my neighbour, who never went to college
mircea_popescu: but he has a 32kw line installed because he has a pump and whatever other shit
mircea_popescu: toffoo i guess pretty much everything we do in bitcoin these early days will become revered a century later.
Bowjob: u will be known as hosting the biggest btc exchange
Bowjob: and also for hosting a porn site
mircea_popescu: i'll go down in history as "the only romanian that ever..."
bgupta: err.. google checkout? they don't think that once google gets wind of it they won't just shut it down
Bowjob: that mpex buttpen pic would show up as one of the most powerful examples of btc
Namworld: they apparently won a chargeback... apparently...
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.32597223 = 325.9722 BTC [+]
Namworld: Bitfunder has an asset bot in #bitfunder now. I hope to see it added to assbot soon
bgupta: not as bad though as ziggap...
Namworld: So? As far as I know, it's doing okay.
bgupta: Aren't they basically at risk of being shut down for failing to register as a financial institution?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.728 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.726 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.725 = 14.5 BTC [-]
bgupta: I saw mention of Bank of America?
mircea_popescu: bgupta everyone with the notable exception of bitcoin-central is.
mircea_popescu: some people are working with it, some people aren't, but licenses nobody has.
Namworld: The law, so far, doesn't care much about Bitcoins...
bgupta: "ZigGap is made up of a team of dedicated Bitcoin service professionals located in the eastern United States."
Namworld: And according to lawyers that were consulted, there's not much yet...
bgupta: I'm concerned about an USA based btc business that exchanges fiat for btc..
Namworld: Ask Ukto or Burnside, both in the USA
Namworld: and running a BTC asset exchange
bgupta: Burnsides incorporated somewhere else.
mircea_popescu: Namworld you're confusing things tho. burnside isn't touching fiat afaik.
Namworld: yeah, he took another approach. Ukto is in the USA tho I believe.
Namworld: Ah yes, burnside doesn't touch fiat.
bgupta: Assuming he did his homework there.
bgupta: Belize is on of those "Offshore Banking" countries that doesn't really deal well with the US
bgupta: well technically I don't think burnside deals in USD? Why would he have to?
bgupta: tiberiusiv: sigh.. wtf are you talking about.. you just jumped into a convo..
pigeons: mircea_popescu: talking to tiberiusiv, maybe you have him on ignore, i was considering it
pigeons: yeah i think we've all heard that tiberiusiv
pigeons: the only thing more boring than listening to how great mp is, is listening to how bad he is
mircea_popescu: pigeons by the way, i wish to know why isn't ripple whipping the otc btc/usd traders into a huge behemoth of fury that wrests currency exchange from mtgox ?
mircea_popescu: NEVER a better opportunity could have come their way, this is what ripple is for right ? why's it not doing it!
pigeons: cause its beta and there are bugs but it is
assbot: [HAVELOCK] [VTX] 20 @ 0.495 = 9.9 BTC [-]
bgupta: haven't followed ripple too closely yet..
bgupta: something to pay attention to?
bgupta: I kinda feel like btc is where it's at.. alternacoins don't interest me..
mircea_popescu: it's not exactly an altcoin tho. it's a sort of - as best i can determine - blockchain-y iou management system
bgupta: liquidity in btc is bad enough as it is..
pigeons: mircea_popescu: you cant know from looking at a ripple address that the btc or fiat balances are markers for funds at the liquidity pools behind the exchanges, or if they are worthless ious unless you are in the pools
bgupta: well not your twitter post but the total value.
Bowjob: we're just getting started
Bowjob: its like baby steps for btc
assbot: [HAVELOCK] [VTX] 20 @ 0.49 = 9.8 BTC [-]
assbot: [HAVELOCK:VTX] 1D: 0.47999991 / 0.54371502 / 0.59500000 (243 shares, 132.12274963 BTC), 7D: 0.38280000 / 0.4265498 / 0.79900000 (11528 shares, 4917.26606448 BTC), 30D: 0.38280000 / 0.42674388 / 0.79900000 (11652 shares, 4972.41966448 BTC)
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.32784 = 327.84 BTC [+]
pigeons: mircea_popescu: oh i see you were asking why ripple's decentralized trading hasnt replaced centralised exchanges like mtgox
mircea_popescu: there's some strength in the otc market, and they're doing things mostly pen on paper.
pigeons: main reason is client software is buggy beta, trust of potential users is low so far, server software is in flux, protocol changes so no server source yet except for partners so no decentralization yet
pigeons: bgupta: ryan fugger started the ripple concept in 2006 i think
pigeons: jed mcaleb who started mtgox started a company to buy ripple from ryan
mircea_popescu: so basically a lot of owners, no strategist, no capital and so forth.
pigeons: it is open source model, client is open, server source not open yet, but breaking changes coming every few days so source when stable
Chaang-Noi: 95.7 we have had so many aths end at .70 or .778
pigeons: mircea_popescu: they have strategy and capital, wether the strategy is any good remains to be seen
Bowjob: -= Galaxy 1 - 20nm ASIC Announcement =-
pigeons: bgupta: yes but when bitcoin people currently talk about ripple they presently usually mean jed's opencoin inc implementation at ripple.com
Bowjob: its on the mining forum lol
mircea_popescu: "We have to keep our Intellectual Property protected and abide by NDA we have signed with chip manufactures so please understand that there are some things that I can't divulge, but I will try my best to answer any questions that you may have.
mircea_popescu: BTW, I am not an electrical engineer so give me a break on that. I am CEO."
Chaang-Noi: toffoo thanks for the e-mail, let me know what he says if he does :/
Bowjob: i was disappointed with PrimeASic too
Bowjob: if that shit turned out to be real, i'd pay hungary a visit
Bowjob: its a scam now obviously
Chaang-Noi: mp ithe 200 th should arive in 3 months, will take the same time as the first two orders
Chaang-Noi: it is pretty big news cuz it will kill everyone even if bfl is real
gribble: There are currently 11188.557 bitcoins offered at or under 99.999 USD, worth 1095083.52263 USD in total. | Data vintage: 0.0016 seconds
bgupta: So would it be fair to say that Ripple is like the US checking system, but instead of banks and the government backing it, it is all WoT based?
Chaang-Noi: that is 55% of what it was 2 hours ago
Bowjob: bfl_josh has 3 days before he perform a seppuku ritual
pigeons: bgupta: i think the innovation is the "rippling" of these ious across trust paths,
assbot: [BTCTC] [BASIC-MINING] 8 @ 0.37 = 2.96 BTC [+]
toffoo: Chaang-Noi read a little further down, he did reply
pigeons: wow i have everyone in that thread ignored
Chaang-Noi: toffoo then it is what i thought, if ture, they are remodeling the new data center
Chaang-Noi: atleast he has pil;es of btc now to get shit done
Chaang-Noi: anyone going to celebrate 100? or the fact we went over 1billion market cap?
assbot: [HAVELOCK] [VTX] 5 @ 0.49 = 2.45 BTC [-]
toffoo: prolly won't have any trouble selling a few for RMB in this market right now either
toffoo: fellow AM shareholders, I have a feeling we'll be reuniting on yachts together some day
toffoo: prolly not as large as i'd like to
Bowjob: heck having just 20 BTC can make you a king
toffoo: but thru dumb luck or being lucky dumb i wound up having more than i ordinarily would have
Bowjob: well how many users have more than 100 BTC
Bowjob: in relation to the rest of the world
Bowjob: we're pretty much the new banking overlords
Chaang-Noi: oh, well 20 btc at $10,000 each is only half a house in the usa...
Chaang-Noi: not exactly a king and we are not yet near $10k usd each
Bowjob: btc can go way more than 10k
Chaang-Noi: hell my uncle has a car worth that... he is not a king
Bowjob: houses in vancouver are around 1m upwards
Bowjob: 1m gets you a small midsized house
Chaang-Noi: yeah.. so at $100k usd a coin you have 2 houses
Bowjob: theres taxes too i guess
toffoo: not until you sell them right?
Chaang-Noi: now at 1,000k a coin okay, he got some walking money
Bowjob: i plan on using btc directly
Bowjob: if I can, id try to set up a mining ops
Bowjob: starting with 1 avalon, then gen 2, ect
Bowjob: id get a diminishing return, but if the value of btc goes up, i'll be living comfortably
toffoo: if we're fast with this "bitcoin crosses $1bn" headline thru the tech news cycle before the weekend we could blow thru $100 no problemo
bgupta: you really need 10000+ btc today to have any say tomorrow, and bear in mind at some point a continuing major rise of the btc value versus fiat (which is not a given) would have to have an impact of the buying power of the fiat currencies.
Chaang-Noi: we will correct sooner or later, we are correcting up now, we were way undervalued for so long, we will shoot too high and go back down, level and shooot up again
gribble: There are currently 3068.6381 bitcoins offered at or under 96.0 USD, worth 293644.877472 USD in total. | Data vintage: 0.0013 seconds
Chaang-Noi: i dont think we will hit 100 before i have to go out in a few hours
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.37 = 0.74 BTC [+]
bgupta: mircea_popescu: any idea who's bot gribble is?
assbot: [BTCTC] [COG.F] 1 @ 2.499 BTC [-]
assbot: [BTCTC] [COG.F] 1 @ 2.499 BTC [-]
assbot: [BTCTC] [COG.F] 1 @ 2.499 BTC [-]
assbot: [BTCTC] [COG.F] 3 @ 2.5 = 7.5 BTC [+]
bgupta: so any quesses when we are gonna switch to talking in mBTC?
bgupta: WEll, if one can buy a house with 1BTC, I'd imagine it would be an unwieldy unit of transaction.
bgupta: Don't think it will ever get there..
assbot: [BTCTC] [COGNITIVE] 3 @ 0.135 = 0.405 BTC [-]
bgupta: I'd guess when we break 1000, and an mBTC is worth $1..
bgupta: Well.. gold isn't used in commerce as payment
assbot: [BTCTC] [B.YABMC] 1 @ 0.011 BTC [-]
bgupta: btc trades like a commodity/currency/equity
Chaang-Noi: the unit we use is called a "baht" or "stang"
Bowjob: party when it hits triple digits
bgupta: how much does it weigh?
Chaang-Noi: one baht is a bit less than 1/2 a troy ounce
gribble: There are currently 34720787 bitcoins demanded at or over 0.0 USD, worth 9480373.83494 USD in total. | Data vintage: 2.6506 seconds
Chaang-Noi: the currancy you use to buy women here for wives is gold
bgupta: 1 Thai Baht equals 0.03 US Dollar. ok will do
Bowjob: chang can you actually speak thai
bgupta: jewelry as currency for things like dowry and what not
Chaang-Noi: yes i can speak thai and i will find you a link...
Bowjob: why is it that white people are so good at asian languages
Bowjob: not the other way around lol
gribble: There are currently 11965.864 bitcoins offered at or under 99.8 USD, worth 1169623.7288 USD in total. | Data vintage: 0.0015 seconds
assbot: [HAVELOCK] [VTX] 4 @ 0.49999 = 2 BTC [+]
Chaang-Noi: roadsigns and shit are in english, not thai
taub: hey Bugpowder how much did you risk on that option trade?
Chaang-Noi: yeah bugpowder must be floating in cash
taub: did you go all in or just risk a % of your acc
KRS1: bgupta: Bots should have a dogtag function..they're so friendly..people always messin with em..they could get lost..
KRS1: gribble: do you know who your owner is?
taub: someone wanna buy capture mtgox data?
taub: i guess you guys have it all anyway
KRS1: bugpowder: didnt you say price was going to peak today or was that someone else
assbot: [HAVELOCK] [VTX] 3 @ 0.49999 = 1.5 BTC [+]
gribble: Nick 'gribble', with hostmask 'gribble!~gribble@unaffiliated/nanotube/bot/gribble', is not identified.
bgupta: SO interesting observation.. at this point over 13% of the outstanding asicminer shares are being traded through PTs
bgupta: well it was like 3% a few days ago
bgupta: well more than a few..
bgupta: Bugpowder: which ones?
bgupta: what are they options for?
bgupta: options to buy what I mean
KRS1: yeah it would be cool if gribble could tell ya
Bugpowder: this is answering taub's quiestion
KRS1: its been almost 10 years since i programmed an eggdrop bot
Chaang-Noi: 1.5 million usd to clear 100 hmmm not before bed :/
assbot: [HAVELOCK] [SDICE] 2 @ 0.39 = 0.78 BTC [-]
bgupta: I'm missing something? You are betting that btc will hit 590, in the next 24 hours? (Don't trade the currency options, so not sure the pricing.)
mircea_popescu: bgupta old scheme needed the decimals because when mpoe was born btc was trading at 5 threatening 2
mircea_popescu: we're gonna move on a new naming convention after tomorrow
assbot: [HAVELOCK] [VTX] 1 @ 0.49999 BTC [+]
Chaang-Noi: kakobrekla why not? i was thinking about it
assbot: [HAVELOCK] [SDICE] 1 @ 0.3803 BTC [-]
kakobrekla: id be dirving a helicopter now Chaang-Noi
bgupta: you started right after the '11 crash?
Chaang-Noi: but if i was going to get one anyway:)
assbot: [HAVELOCK] [VTX] 1 @ 0.49999 BTC [+]
Bowjob: man.. this is the second time my ipod touch went tumble drying
Bugpowder: KRS1: It could top today or tomorrow, but I think 100 will be a magnet
Bugpowder: suck the price upwards to it, as people want to get in before 100
Bugpowder: and there is no wall big wall there
Chaang-Noi: kako i have a feeling you are still doing well in btc land:)
gribble: There are currently 15089.844 bitcoins offered at or under 100.0 USD, worth 1482299.95625 USD in total. | Data vintage: 0.0016 seconds
Chaang-Noi: toffoo can you ask friedcat an eta for it being done?
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.07 BTC [-]
Chaang-Noi: —something memorable and fun, like 1Ns17iag9jJgTHD1VXjvLCEnZuQ3rJDE9L
Chaang-Noi: "Bitcoin is a hedge against the entire global currency system." nice line
assbot: [HAVELOCK] [VTX] 11 @ 0.481 = 5.291 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.48 = 2.4 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.4799999 = 4.8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.721 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.72 = 1.44 BTC [-]
Bugpowder: wow that is a really well written article
Chaang-Noi: i love that line i quoted, its in my sig now
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1078 BTC [+]
Chaang-Noi: well boys, sadly i must go eat steak and drink lots and lots of beer, if we get close to 100 ill be back, if not, good trading:)
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.1 = 0.4 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.104 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.104 = 0.312 BTC [+]
Bugpowder: just imagine if this becomes a mainstream bubble
Bugpowder: i should probabky stopselling coins
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.72 = 4.32 BTC [-]
fdas: In my opinion, it's not close to popping. but it's just a probabilistic event
taub: idk bro, everybody is shaking as we go up to 100
taub: and we haven't had a proper retracement since 60
fdas: good news are on mainstream news every day. and we are going up
fdas: i want to see retracement and consolidation on good news. when people get used to that btc>80
taub: oh, bitcoin reached 1b market cap today
gribble: BTCUSD ticker | Best bid: 94.14508, Best ask: 94.50000, Bid-ask spread: 0.35492, Last trade: 94.50000, 24 hour volume: 65617.39331966, 24 hour low: 85.35000, 24 hour high: 95.70000, 24 hour vwap: 89.83651
bgupta: so curious question.. how much fiat value in USD do folks think people have taken out of btc and have on hand (largely I'm thinking about early owners, but any one really who's taken some profits would count here)
gribble: There are currently 34625409 bitcoins demanded at or over 0.0 USD, worth 9449688.47191 USD in total. | Data vintage: 0.0187 seconds
bgupta: IE: I'm wondering how much fiat there is on hand for trading from active traders.
taub: i'd wonder more about the coins
taub: new people bring in fiat
Bugpowder: bgupta: look at what i just typed in
bgupta: ah.. but it must be more than that
taub: Mid-cap: $2 billion.$10 billion
taub: Small-cap: $250 million.$2 billion
taub: well, getting there
bgupta: no news yet on btc billion milestone
assbot: [BTCTC] [B.YABMC] 1 @ 0.008551 BTC [-]
troc: hmm market cap, I like bids >0 better, perhaps an inter-exchange 'bids 0' USD would be even better.
taub: MARC FABER: Not Even Gold Will Be Able To Save You From What Is Coming
taub: this dude always gives me the creeps
taub: i mean with his predictions, depressing
taub: 93.5 its going to zero
assbot: [MPEX:S.MPOE] 1D: 0.00060077 / 0.0006081 / 0.00061253 (48495 shares, 29.49 BTC), 7D: 0.00060001 / 0.00067102 / 0.00073756 (1745269 shares, 1,171.12 BTC), 30D: 0.00060001 / 0.00073593 / 0.00078628 (16750478 shares, 12,327.29 BTC)
Bugpowder: i really don't see how bondholders are going to avoid a loss at this point
Bugpowder: bitbet revenue is much much smaller
Bugpowder: mpoe has a proven business model that prints bitcoins
Bugpowder: they just have had a very bad month due to the directionality of the move
thestringpuller: i want to buy more on a decrease, but I dont want to see a month similar to August 2012
Bugpowder: BBET might work out long term, but .002 is awfully rich. It assumes very high growth rates sustained over long periods
Bugpowder: You won't lose money from a zero dividend
Bugpowder: Why not set a cheap bid below the current price
Bugpowder: pay attention and make a quick move
assbot: [BTCTC] [B.YABMC] 1 @ 0.01965 BTC [+]
Namworld: [08:16] <thestringpuller> ;;calc (89.71 - 75)/75
assbot: [BTCTC] [B.YABMC] 2 @ 0.01966 = 0.0393 BTC [+]
gribble: BTCUSD ticker | Best bid: 92.34162, Best ask: 92.50000, Bid-ask spread: 0.15838, Last trade: 92.30000, 24 hour volume: 66928.10223158, 24 hour low: 85.35000, 24 hour high: 95.70000, 24 hour vwap: 90.01309
Namworld: Slightly worse off... but good nevertheless
Bugpowder: vwap is still rising and will for the next few hours at the very least
taub: is stock trading really worth it?
taub: its probably more liquid than i make it out to be
Bugpowder: there were are few trading bots running on S.MPOE for a long time
Bugpowder: but haven't seen them in the past few weeks
taub: I prefer being able to get in and out without much hassle, even with mtgox lag the risk is fairly limited
taub: but with stocks i dunno, is there a good site with historic charts?
assbot: [BTCTC] [GSDPT] 51 @ 0.003818 = 0.1947 BTC [-]
assbot: [BTCTC] [GSDPT] 10 @ 0.003817 = 0.0382 BTC [-]
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.33308869 = 333.0887 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00343 BTC [-]
mircea_popescu: <fdas> i want to see retracement and consolidation on good news. <<< this.
Bugpowder: what is someone so clueless doing with 1000 C610Ts
fdas: tiberiusiv: why do you think Faber is a drunk?
Bugpowder: yah I guess if you have 5000 C610Ts you might want to get ahead of the curve on the sale
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.31112439 = 311.1244 BTC [+]
Bugpowder: Yah I thought it might come a day early
Bugpowder: people wanting to jump the gun on weekend weekness
gribble: There are currently 34623114 bitcoins demanded at or over 0.0 USD, worth 9311886.37161 USD in total. | Data vintage: 0.0202 seconds
taub: this move means nothing yet
mircea_popescu: i imagine most outstanding option interest will close today actually
mircea_popescu: prolly people too edgy to hunker down for friday lockdown
assbot: [HAVELOCK] [VTX] 1 @ 0.46 BTC [-]
ThickAsThieves: The big gains in price seem to be happening at morning it Romania, is it you mp? ;)
mircea_popescu: ya, my slavegirls for bitcoin auctions are at noon so all the rich emirs are buying their bitcoin early.
assbot: [HAVELOCK] [VTX] 3 @ 0.46 = 1.38 BTC [-]
deadweasel: where is the bitcointalk thread about btcquick?
ThickAsThieves: got my first friend calling me asking about buying ONE bitcoin
ThickAsThieves: been posting about btc on my facebook feed since $20, people wait til $93 to ask
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.19996 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.19997 = 0.3999 BTC [+]
assbot: [BTCTC] [BITVPS] 1 @ 0.00589 BTC [+]
assbot: [BTCTC] [BITVPS] 1 @ 0.0059 BTC [+]
assbot: [BTCTC] [BITVPS] 98 @ 0.006 = 0.588 BTC [+]
assbot: [BTCTC] [BITVPS] 1 @ 0.00599 BTC [-]
assbot: [BTCTC] [BITVPS] 99 @ 0.006 = 0.594 BTC [+]
Bugpowder: the big winner from yesterday lost it all
assbot: [BTCTC] [BITVPS] 200 @ 0.006 = 1.2 BTC [+]
assbot: [BTCTC] [BITVPS] 3 @ 0.006 = 0.018 BTC [+]
assbot: [BTCTC] [BITVPS] 75 @ 0.006 = 0.45 BTC [+]
assbot: [BTCTC] [BITVPS] 22 @ 0.00601 = 0.1322 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.00310001 / 0.00375185 / 0.00448 (74503 shares, 279.52 BTC), 7D: 0.00310001 / 0.00410842 / 0.00499997 (208663 shares, 857.28 BTC), 30D: 0.00300001 / 0.00514212 / 0.0063799 (1225687 shares, 6,302.63 BTC)
kakobrekla: today is the day of leveraged platforms
assbot: [HAVELOCK:HIM] 1D: 1.80000000 / 1.82978723 / 1.85000000 (47 shares, 86.00000000 BTC), 7D: 1.41000000 / 1.73766344 / 2.00000000 (186 shares, 323.20540034 BTC), 30D: 1.40000000 / 1.93289075 / 18.00000000 (697 shares, 1347.22485269 BTC)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
pgp: my gut tells me that's there's an "undisclosed problem" over at coinbase...
kakobrekla: bitcoinstore went from like 20% to 50% in a day or two?
pgp: no real fact to back that up - just a feeling...
pgp: agreed... something shady going on there...
kakobrekla: i heard so much shit/bugs/lol regarding them its not even funny
gribble: BTCUSD ticker | Best bid: 93.75570, Best ask: 93.96999, Bid-ask spread: 0.21429, Last trade: 93.96999, 24 hour volume: 68563.92218634, 24 hour low: 86.13000, 24 hour high: 95.70000, 24 hour vwap: 90.32462
assbot: [MPEX] [S.MPOE] 3350 @ 0.00060983 = 2.0429 BTC [-]
assbot: [MPEX] [S.MPOE] 9461 @ 0.00061111 = 5.7817 BTC [+]
assbot: [HAVELOCK] [VTX] 23 @ 0.49999 = 11.4998 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 0.9951 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.381 = 0.762 BTC [+]
pgp: btw - the "grownups" over at tradehill have yet to offer anything more than their shockingly underwhelming alpha product...
pgp: which is soooo bare bones that it makes a concentration camp look like a country club...
pgp: and, frankly, embarassing...
assbot: [BTCTC] [S.MPOE-PT] 5000 @ 0.00066 = 3.3 BTC [-]
deadweasel: my concern with coinbase is that they clearly don't keep your btc in a 'wallet' of your own.
pgp: my guess is that they had some sort of immutable deadline to hit with investors...
pgp: deadweasal: i've heard that they've cancelled transactions a week after the fact...
assbot: [MPEX] [S.DICE] 1800 @ 0.00350012 = 6.3002 BTC [-]
assbot: [MPEX] [S.DICE] 5000 @ 0.00350011 = 17.5006 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.0033 = 6.6 BTC [-]
assbot: [MPEX] [S.DICE] 1025 @ 0.00310001 = 3.1775 BTC [-]
assbot: [MPEX] [S.DICE] 325 @ 0.00310001 = 1.0075 BTC [-]
assbot: [MPEX] [S.DICE] 467937 @ 0.0031 = 1450.6047 BTC [-]
pgp: time to sell asicminer... while you can...
gribble: BTCUSD ticker | Best bid: 93.87501, Best ask: 93.96999, Bid-ask spread: 0.09498, Last trade: 93.96999, 24 hour volume: 68633.28583622, 24 hour low: 86.29010, 24 hour high: 95.70000, 24 hour vwap: 90.39382
gribble: smickles was last seen in #bitcoin-assets 11 hours, 52 minutes, and 37 seconds ago: <smickles> "Seeing your picture my grandchild starts crying."
assbot: [HAVELOCK] [SDICE] 5 @ 0.381 = 1.905 BTC [+]
assbot: [HAVELOCK] [SDICE] 7 @ 0.3804 = 2.6628 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.3803 = 1.1409 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.3802 = 1.901 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.38000001 = 3.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.38 = 1.9 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.37031001 = 2.5922 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.3703 = 2.2218 BTC [-]
Bugpowdeer: I guess they haven't seen the latest numbers
mircea_popescu: <pgp> my gut tells me that's there's an "undisclosed problem" over at coinbase... << i read someone saying something similar iirc
assbot: [HAVELOCK] [HIM] 1 @ 1.8 BTC [-]
pgp: If I had to guess, I'd say that coinbase is doing the same thing that lots of struggling companies do - "vendor financing"
mircea_popescu: so incidentally, cavirtex raised 5k btc on theory they will get regulated
pgp: extending their payables and using the float to stay alive...
mircea_popescu: instead using that as a nest egg to compete in the bitfinex/icbit scamspace ?
assbot: [HAVELOCK] [VTX] 1 @ 0.47 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.46 = 0.92 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.45 BTC [-]
jborkl: mp, can i get a deposit cleared
pgp: haven't you heard? there are no "grownups" over there...
mircea_popescu: i mean... there's a bridge and a hole and a line of people
pgp: you can lead a horse to water...
mircea_popescu: "unskilled and unaware. how lacking metacognitive skills prevent internet tards from realising just how stupid they really are"
pgp: Socrates would approve of that statement - for sure...
mircea_popescu: pgp socrate would only approve of it if it were rephrased as aquestion.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [+]
pgp: in any case, i think that all of the young, budding, bitcoin entrepreneurs out there should not the following: if it's worth doing then it's probably worth doing it well
pgp: "note" the following...
assbot: [MPEX:S.DICE] 1D: 0.0031 / 0.00319353 / 0.00448 (552590 shares, 1,764.71 BTC), 7D: 0.0031 / 0.00341094 / 0.00499997 (686750 shares, 2,342.47 BTC), 30D: 0.00300001 / 0.00457092 / 0.0063799 (1703774 shares, 7,787.83 BTC)
mircea_popescu: pgp the budding bitcoin entreprewhatevers still have much more basic issues, such as for instance dealing with their daddy complexes
Bugpowdeer: coming up on 15:00... excited for some more volume!
Bugpowdeer: wake up san francisco, $100 is calling!
mircea_popescu: so basically s.dice has fallen, from 0.0032 per share when btc was 9 usd
gribble: Error: "tickeer" is not a valid command.
gribble: BTCUSD ticker | Best bid: 94.03900, Best ask: 94.20000, Bid-ask spread: 0.16100, Last trade: 94.20000, 24 hour volume: 69119.18421854, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 90.46821
pgp: it's all about your base currency frame of reference...
mircea_popescu: prolly should add the dividends in that calculation but im lazy
mpexbot: mircea_popescu: S.DICE Bids: ['5600 @ 0.0032', '3000 @ 0.00310001', '337063 @ 0.0031', '100 @ 0.00100121', '3000 @ 0.00100002']
mpexbot: mircea_popescu: Asks: ['3000 @ 0.00398999', '12548 @ 0.00399997', '53154 @ 0.00399999', '3815 @ 0.00448', '9896 @ 0.00475']
Bugpowdeer: and betting volume has fallen from ~200,000BTC / mo to ~200,000 BTC /mo
pgp: gross it by 50% or so then
mircea_popescu: Bugpowdeer ya but conversely, it failed to grow from 200k to 200k.
assbot: [HAVELOCK] [VTX] 1 @ 0.45 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
mircea_popescu: anyway, there's like 1-2k more at 31, after which 0.001 ? 0.0008 ?
assbot: [MPEX:S.MPOE] 1D: 0.00060077 / 0.00060853 / 0.00061253 (59306 shares, 36.09 BTC), 7D: 0.00060001 / 0.00066987 / 0.00073756 (1728845 shares, 1,158.11 BTC), 30D: 0.00060001 / 0.00073582 / 0.00078628 (16755389 shares, 12,329.08 BTC)
assbot: [HAVELOCK] [VTX] 14 @ 0.446 = 6.244 BTC [-]
Bugpowdeer: expected dividends will be 1.33% /mo at .003
mircea_popescu: Bugpowdeer well here's the thing : if old blood sells s.dice to get btc to sell for usd to get a new car/house/gf
mpexbot: thestringpuller: S.MPOE Bids: ['14053 @ 0.00060778', '6420 @ 0.00060001', '100000 @ 0.0006', '20200 @ 0.00059977', '8272 @ 0.00058185']
mpexbot: thestringpuller: Asks: ['2003 @ 0.00061111', '15900 @ 0.00061412', '11865 @ 0.00062464', '14100 @ 0.00062766', '1300 @ 0.00068293']
mircea_popescu: and new blood buys btc and then goes and invests it in bitbillions and equivalents
mircea_popescu: i'm like fucking sysyphus over here, gotta start over educating the crowd
gribble: BTCUSD ticker | Best bid: 94.49990, Best ask: 94.50000, Bid-ask spread: 0.00010, Last trade: 94.50000, 24 hour volume: 69356.59162769, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 90.48276
splnkr_: is anyone here NOT expecting a massive selloff at $100?
jborkl: .Satoshi Dice is all good- people need to remember there have been many distractions this month
splnkr_: or is there enough trading in other currencies that the USD psychological sell ceiling won't have that much of an impact?
jborkl: House break even so far
mircea_popescu: jborkl the main concern really is that with the inflow of new people drawn in by all the media exposure
mircea_popescu: there's a huge influx of scammers looking to fleece them
mircea_popescu: with a little bit of bad luck we might end up drowned to the point where scammer discourse becomes the central discourse of btc
pgp: this move up have been really stong, but the ride WILL get bumpy
jborkl: Well, that is true - it almost happened before
mircea_popescu: so yeah... i want to ask everyone to be as vocal as time permits about what's what.
mircea_popescu: if scammers take over btc... there's no sort of future.
pgp: i agree, public perception matters more than anything else
jborkl: Ok, I like pointing out scammers- they are easy to find
jborkl: let me go to otc for a minute
mircea_popescu: and it doesn't take much to puncture scammer "consensus".
jborkl: in all seriousness , mp is correct
pgp: I've got some tullip bulbs for sale...
jborkl: I have to applaud mp for not being GLBSE and listing shitty products
assbot: [BTCTC] [CRYPTO-TRADE] 5 @ 0.19997 = 0.9999 BTC [+]
jborkl: ok, , I will go to the forum- shudders in disdain
pgp: yeah, like working on a snazzy new HTML5 GUI for mpex?
splnkr_: it seems tough to analyze the amount of "black hat" types here...
taub: mircea_popescu> that is a lot more concerning than any sort of crash
taub: what not kills you makes you stronger
splnkr_: my feeling is a large number of "unknown" miners are actually "white hats" that just want their BTC to be 100% private so they can use it without the oversight of prying eyes
taub: so community will have to learn to be vigilant
taub: if there is too much scamming going on
splnkr_: but of course some of them would love to run a 51% attack
taub: dont think it will hurt in the long run
taub: oh, the 51% attack mh, that's kinda iffy
pgp: I agree that an emerging mining "oligarchy" could be cause for concern
splnkr_: i know i'm new here but i really want to be part of this discussion
splnkr_: i've been a miner/trader for only about 30 days, but what a wild ride
pgp: then by all means, discuss!
splnkr_: and can't lie that i'm more interested now that ever...
splnkr_: but as a miner, i feel like i have no incentive to collude with other miners
taub: its pretty hard to get blocks on your own isnt it
splnkr_: oh sure taub, i'm in a mining pool
splnkr_: i mean actually knowing and coordinating with people beyond a simple mining pool
pgp: thin line between "coordinated mining collective" and collussion... semantics, really...
splnkr_: so as the network hashrate grows like crazy, it will then become prohibitively costly for a malicious party to purchase enough hardware to fork the chain, will it not?
splnkr_: assuming ASICS proliferate in the wild
taub: I keep hearing that word, its just a scam isn't it?
ThickAsThieves: if a large entity decided to do a 51% attack, they'd just keep quiet til ready and do it
gribble: There are currently 16043.318 bitcoins offered at or under 100.0 USD, worth 1572513.39873 USD in total. | Data vintage: 66.4927 seconds
gribble: There are currently 5158.7942 bitcoins demanded at or over 90.0 USD, worth 472230.45431 USD in total. | Data vintage: 72.6336 seconds
jborkl: The fork was caused by a error, Slush did it (an accident)
jborkl: We were all sent notification through bitcoind
jborkl: not just pools, anyone the mines and paid attention
jborkl: and what would it say?
jborkl: that would not make sense
gribble: Error: "bc," is not a valid command.
jborkl: That needs to be fixed, too much is one group- BFL shipping will rebalance
ThickAsThieves: unless your goal is simply to keill bitcoin in its current form
jborkl: 10 million a month is mining revenue currently is passed around
MJR_: ;;calc (90.39-41)/90.39
jborkl: so, people protect that
jborkl: A misbehaving node can be controlled
Chaang-Noi: what is this? not even a new ath while im gone :)
ThickAsThieves: we've been working so hard to get to 95 for you and now you complain!
Chaang-Noi: until we get to $10,000 i wont quit bitching!
Bugpowdeer: you will be bitching then "I shouldn't have sold everything at $150!"
Chaang-Noi: when btcv was 3$ i was telling evey i knew to go all in
Chaang-Noi: But bitcoin miners say thieves will struggle to keep up, as coin-generating technology becomes more sophisticated.
assbot: [MPEX] [S.MPOE] 14053 @ 0.00060778 = 8.5411 BTC [-]
assbot: [MPEX] [S.MPOE] 2136 @ 0.00060001 = 1.2816 BTC [-]
smickles: wow, isn't that an odd way of putting it
assbot: [HAVELOCK] [VTX] 10 @ 0.446 = 4.46 BTC [-]
Chaang-Noi: they are talking to people like my mom
smickles: In other news, my daughter is pissed at this plastic chain. she put it together, but can't yet figure how to take it apart
Chaang-Noi: if you missed it, best one in a liong fucknig time
Chaang-Noi: swmickles everyone in the world being told about bitcoin is a good thing :/
smickles: lol, what's with that pic ath the beginning?
Chaang-Noi: even if its dumped down to retard level
jcpham: no way i'm paying $100 for bitcoins
gribble: BTCUSD ticker | Best bid: 94.68001, Best ask: 94.94999, Bid-ask spread: 0.26998, Last trade: 94.68001, 24 hour volume: 67839.20759077, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 90.71155
Chaang-Noi: you will pay all you have in fiat for $100 btc when market price is north of $1000
Chaang-Noi: google stock is $800 and they have billions of them
Bugpowdeer: I wish I had linked the first page of that article instead of the second. D'Oh!
Chaang-Noi: thatartical is the first i evar hear d of asics
Bugpowdeer: nothing worse than fucking up a link you tweet out
Chaang-Noi: i assumed you would have read the link before tweeting it out
MJR_: ethnic cleansing may be worse...MAY
smickles: Chaang-Noi: well, the whole world being told about bitcoin being 'hilarious' isn't so nifty
Bugpowdeer: now its a joke on the global financial system
Chaang-Noi: now its,. hahaha world banks suck... bitcoin???
Chaang-Noi: wait for holy fuckig shit buy BTC nowwwwS!@!!!!
Chaang-Noi: there is always a percent of the population that will do what they are told not to do
Chaang-Noi: once btc is THE system we can worry about what they print not if they print
gribble: There are currently 14210.284 bitcoins offered at or under 100.0 USD, worth 1394105.41065 USD in total. | Data vintage: 31.3003 seconds
Chaang-Noi: even if we correct im a long term btc bull, i aint selling
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.33904992 = 339.0499 BTC [+]
gribble: BTCUSD ticker | Best bid: 94.45001, Best ask: 94.90000, Bid-ask spread: 0.44999, Last trade: 94.90000, 24 hour volume: 66648.47894810, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 90.82810
Chaang-Noi: i have champagne on ice, hope i can have it for brekfast :)
smickles: Chaang-Noi: if you had to guess, today, tomorrow, or neither?
ThickAsThieves: i dont see any reason why the next 24 hours wont be just like the last, we'll hover somewhere under 100 til about 6:30UTC, and then break 100
Chaang-Noi: smickles i dont know cuz the massive weekend for the zobarz
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.1078 = 0.4312 BTC [+]
Chaang-Noi: smickes apple did! but then now its back
Chaang-Noi: some people fear 100 and then correction so sell before 100
Chaang-Noi: and thus with the long weekend a hard fight (maybe)
Chaang-Noi: then again, its only 1 fucking million fiat
gribble: There are currently 8654.7753 bitcoins offered at or under 98.99 USD, worth 836893.149398 USD in total. | Data vintage: 44.7241 seconds
Chaang-Noi: cuz all the perv at home doing nothing then getting fiat in accounts might buy it up
jurov: mtgox doesn't accept anime? or at least hentai?
jurov: fudr.us down D-': now how we'll live without it?
jurov: they can accept it to be independent from banks
jurov: as a funding/withdrawal method
jurov: available always, including weekends and free days
jurov: well i just tried to provide some entertainment
jurov: no works from here
Chaang-Noi: who here smokes cigars from time to time?
unbalanced: Heh... it's the alt-fiat of the future
unbalanced: 100 CAD is just a little 300 BTC wall away.
jurov: ^ now there's some hot air
ThickAsThieves: i can see how it helps not influence price superficially
pgp: tradehill = douche bags
Chaang-Noi: i dont trust the fuckers, esp as they want dead gox codes
assbot: [HAVELOCK] [VTX] 1 @ 0.48 BTC [+]
pgp: it is amusing 10k min to open an account, but only 5k in gox code... So amateurish...
ThickAsThieves: i like the smell of cigars but the taste and feel makes me feel like cancer is growing in my mouth :/
assbot: Last trade for S.DICE on MPEX was at 0.0031 BTC [-]
mircea_popescu: This guidance clarified the rules, and opened the door allowing municipalities to accept Bitcoin. Government entities accepting Bitcoins is a natural evolution, as Bitcoin becomes more popular.
kakobrekla: lol i got an email from slovenian finance paper
mircea_popescu: Now municipalities can offer their citizens another option in paying for services like permits, utilities, class or event registration, shelter reservations, or even parking tickets.
kakobrekla: well apparently they want to write about it - ill try to stop too much idiocy
error4733: mp what do you thinks about last SD trade ?
arij: guess thats not a channel
arij: i guess no btct chan.. i was just looking for it
smickles: unless you are saying "mee-pecks"
error4733: mp :dunno, last time your analyze was jsut small sell but the big actor stay in
error4733: but when you see this you shit brick : 467`937 S.DICE @ 0.00310000BTC = 1`450.60470000BTC.
error4733: haha thanx, true, it's only 135K$ of 35M$
gribble: BTCUSD ticker | Best bid: 93.89001, Best ask: 94.00000, Bid-ask spread: 0.10999, Last trade: 94.00000, 24 hour volume: 64052.68029751, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 91.26068
jborkl: SD price at .0031 compared to januaru yield of .0002 or feb yield of .0001 (dont remember feb # of the top of mmy head
mircea_popescu: error4733 a that. hehe yeah, kinda blows a hole in that theory huh
jborkl: SD canvhave a bad month here and there.nothing to panic about
jborkl: in sept i think. SD had a negative month.people panicked on lost out on great months after
jborkl: late last year.i dont remember when exactly
error4733: i thinks is not about negative month it's about btc rise
mircea_popescu: right after ipo s.dice had a string of disasters. first pirate blew up within a week of ipo, froze markets for like a month
jborkl: its been all good since then.weak hands just getting shaken out
mircea_popescu: yahoo recently paid 500mn for a bs service of summarizing newsfeeds.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [+]
deadweasel: google and yahoo and microsoft do that all the time. just to squish competition and get patents.
assbot: [BTCTC] [PAJKA.BOND] 21 @ 0.09 = 1.89 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1021 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 20 @ 0.102 = 2.04 BTC [-]
taub: btceur looking p bad on btc24
taub: 66 eur more likely than you think
gribble: There are currently 34619556 bitcoins demanded at or over 0.0 USD, worth 9415217.04575 USD in total. | Data vintage: 0.0176 seconds
taub: maybe i should move to that exchange
taub: and no api either i think
taub: make markets by hand all day
assbot: [HAVELOCK] [SDICE] 8 @ 0.37100001 = 2.968 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.371 = 0.742 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.37045 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.3703 = 3.3327 BTC [-]
assbot: [HAVELOCK] [SDICE] 21 @ 0.37025 = 7.7753 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.37 = 3.33 BTC [-]
smickles: any website has an api. the website is the api
gribble: There are currently 34622807 bitcoins demanded at or over 0.0 USD, worth 9714550.54955 USD in total. | Data vintage: 93.5517 seconds
gribble: There are currently 4669.9555 bitcoins offered at or under 96.0 USD, worth 445174.658652 USD in total. | Data vintage: 0.0018 seconds
smickles: jeebus, 'merica doin' practice nuke runs over korea
taub: what a shitty site :?
Bugpowder: just a little pre workout warmup flex
Bugpowder: Back in college, was on the roof of a waterfront brownstone for a 4th of July party. B2 bomber did a flyby down the Charles River. Was DOPE. Felt very patriotic. :-P
smickles: I used to live near the AFB where most of them are stationed
smickles: at some angles those things were practically invisible
assbot: [MPEX] [S.MPOE] 4284 @ 0.00060001 = 2.5704 BTC [-]
assbot: [MPEX] [S.MPOE] 2845 @ 0.0006 = 1.707 BTC [-]
jborkl: mp, can I get a deposit cleared
jborkl: micrea_popescu , can I get a deposit cleared
jborkl: I am moving money around, and that is what I have at the time. I will bunch them up
assbot: [BTCTC] [RSM] 1 @ 0.00301 BTC [-]
assbot: [BTCTC] [RSM] 10 @ 0.003 = 0.03 BTC [-]
assbot: [BTCTC] [RSM] 2 @ 0.00203 = 0.0041 BTC [-]
assbot: [BTCTC] [RSM] 987 @ 0.00201 = 1.9839 BTC [-]
gribble: There are currently 34623740 bitcoins demanded at or over 0.0 USD, worth 9797949.0585 USD in total. | Data vintage: 6.5180 seconds
assbot: [HAVELOCK] [VTX] 1 @ 0.45 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.44888888 = 1.3467 BTC [-]
assbot: [HAVELOCK] [VTX] 26 @ 0.446 = 11.596 BTC [-]
assbot: [HAVELOCK] [VTX] 10 @ 0.445 = 4.45 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 14 @ 0.73 = 10.22 BTC [+]
gribble: BTCUSD ticker | Best bid: 93.51007, Best ask: 94.23500, Bid-ask spread: 0.72493, Last trade: 93.51006, 24 hour volume: 63226.19879144, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 91.59074
burnside: I missed a pretty good conversation earlier. <mircea_popescu> Namworld you're confusing things tho. burnside isn't touching fiat afaik.
burnside: So yeah, BTC Trading Corp is based in Belize. It has a native Belize corporate director. It has no bank accounts anywhere. It does not touch USD.
Bugpowder: Even if its not, it is true for many businesses in Cyprus
benkay: i want to see! what is thing?
benkay: dangers of operating out of a russian owned tax haven
benkay: in a fucked up fake continental government
benkay: is this massive freezing of funds s.o.p. for cypress? i was under the impression they were just getting a 10% asset haircut.
Bugpowder: this is the alternative to taking the under 100k stuff
benkay: fuck the business owners
Bugpowder: this is why bitcoin is exploding upwards, yah know!
benkay: people who add real value to your economy
assbot: [HAVELOCK] [HIM] 3 @ 1.88 = 5.64 BTC [+]
Bugpowder: also, eurozone minister has said that due to lack of contaigon from this move means that they will look at this for recapitalization of any euro country.
assbot: [HAVELOCK] [VTX] 2 @ 0.479 = 0.958 BTC [+]
benkay: may they rot in the statist hell of their own fabrication
mircea_popescu: "democracy is the theory that people know what they want and deserve to get it good and hard"
mircea_popescu: which is why we have the "zero euro tolerance policy" to go witgh the earlier "zero usd tolerance policy"
assbot: [HAVELOCK] [VTX] 8 @ 0.445 = 3.56 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.73 = 5.84 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.44 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.44 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 11 @ 0.74 = 8.14 BTC [+]
mircea_popescu: At Berenberg Bank in London, chief economist Holger Schmieding said the lesson is that “countries will take a lot of pain to stay in the eurozone. The glue that holds the eurozone together remains strong.”
gribble: BTCUSD ticker | Best bid: 93.50003, Best ask: 93.92000, Bid-ask spread: 0.41997, Last trade: 93.92000, 24 hour volume: 62212.42069655, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 91.71323
assbot: [HAVELOCK] [VTX] 19 @ 0.412 = 7.828 BTC [-]
Bugpowder: mircea_popescu: I saw it somewhere yesterday.
mircea_popescu: bright mind behind the sns real nationalisation earlier this year.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [+]
deadweasel: btcquick seems to be out of coins too.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.721 BTC [-]
jborkl: DeathandTaxes is always pretty funny to read
bowjob: ltc seems to be rising
pgp: coinbase (not CERN) discovers the antiBitcoin...
assbot: [HAVELOCK] [VTX] 3 @ 0.449 = 1.347 BTC [+]
kakobrekla: i know someone (not me) got more than they should
deadweasel: kakobrekla: i've been trying to send teh extra 30btc they put in my account several times. never confirms though...
deadweasel: Those 30BTC reappear about twice a week, then they are gone.
kakobrekla: oh yeah, frequent occurance, i can proxy that for you
pgp: its folks like coinbase that are the real threat to bitcoin...
deadweasel: they don't have the staff or know-how to keep the whole venture together.
pgp: important lesson from youth - don't bite off more than you can chew...
assbot: [HAVELOCK] [SDICE] 10 @ 0.391 = 3.91 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.39099999 = 3.91 BTC [-]
deadweasel: taub, is that BTC based coffee haus? ;p
bowjob: ooh, i got some coffee for BTC
bowjob: whole beans, i had to grind it myself
gribble: BTCUSD ticker | Best bid: 93.50003, Best ask: 94.20987, Bid-ask spread: 0.70984, Last trade: 94.20987, 24 hour volume: 61725.33652781, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 91.83414
pgp: i think gox runs on a comodore 64
assbot: [MPEX:S.MPOE] 1D: 0.0006 / 0.00060667 / 0.00061111 (71731 shares, 43.52 BTC), 7D: 0.0006 / 0.00066734 / 0.00073756 (1700409 shares, 1,134.76 BTC), 30D: 0.0006 / 0.00073559 / 0.00078628 (16751673 shares, 12,322.39 BTC)
gribble: BTCUSD ticker | Best bid: 92.50010, Best ask: 92.56500, Bid-ask spread: 0.06490, Last trade: 92.50010, 24 hour volume: 61725.33652781, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 91.83414
gribble: BTCUSD ticker | Best bid: 93.50003, Best ask: 93.85000, Bid-ask spread: 0.34997, Last trade: 93.50002, 24 hour volume: 61725.33652781, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 91.83414
Uglux: lol dat background on twitter
assbot: [MPEX] [S.DICE] 2000 @ 0.00398996 = 7.9799 BTC [+]
assbot: [MPEX] [S.MPOE] 2100 @ 0.00060104 = 1.2622 BTC [+]
assbot: [MPEX] [S.MPOE] 15000 @ 0.00061412 = 9.2118 BTC [+]
mircea_popescu: ThickAsThieves well the one on twitter background is from like 2004
ThickAsThieves: sometimes you look like a professor, some like a folsky metrosexual :)
assbot: [MPEX] [S.DICE] 1350 @ 0.00398997 = 5.3865 BTC [+]
assbot: [MPEX] [S.MPOE] 900 @ 0.00061412 = 0.5527 BTC [+]
assbot: [MPEX] [S.MPOE] 8700 @ 0.00062188 = 5.4104 BTC [+]
mircea_popescu: ThickAsThieves "Seemingly, but within that basic framework there are many subtle variations only discernible to an acute observer that reflect the many moods, the many shades, the many sides of George Costanza."
gribble: BTCUSD ticker | Best bid: 93.00001, Best ask: 93.84000, Bid-ask spread: 0.83999, Last trade: 93.84000, 24 hour volume: 65843.44932600, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 91.98969
ThickAsThieves: "Everyone's blessed with one special thing." ~ Dirk Diggler
pgp: looks like bitfinex is down...
pgp: i think julliane moore will surprise you in this movie
mircea_popescu: she's liek the embodiment of why gingers are alien evil things
pgp: can anyone else get to bitfinex?
bowjob: All right. My Casa coin is here, I will pick it up
bowjob: I usually chuck coins around.. this one is gonna be precious
mircea_popescu: if i get pissed off and end up whipping innocenty bystander nude girlies it'll be on your collective conscience.
smickles: btce does shit like that sometimes
assbot: [MPEX] [O.BTCUSD.C610T] 987 @ 0.34793577 = 343.4126 BTC [+]
gribble: A market order to sell 700 bitcoins right now would net 64397.2774 USD and would take the last price down to 91.5000 USD, resulting in an average price of 91.9961 USD/BTC. | Data vintage: 44.7079 seconds
smickles: on gox that wouldn't have gone so far
mircea_popescu: i think this is it, we only got so far so i could have my 50mn landmark
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.32624087 = 326.2409 BTC [+]
bowjob: yeap. back to single digits
assbot: Yeah. No damn tobacco, that's for sure.
gribble: BTCUSD ticker | Best bid: 93.28000, Best ask: 93.38999, Bid-ask spread: 0.10999, Last trade: 93.28000, 24 hour volume: 66005.58663438, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.00435
gribble: BTCUSD ticker | Best bid: 93.28000, Best ask: 93.38999, Bid-ask spread: 0.10999, Last trade: 93.28000, 24 hour volume: 66005.58663438, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.00435
pgp: i wouldn't be surprised to see a selloff down to the 60's
Bugpowder: test drive on Saturday, after the Audi visit
Bugpowder: pgp, we will probably hit the 60s and bounce right back
Bugpowder: I have quite the stack in gox ready to go
bowjob: It's just means weak hands going to strong hands
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.30475646 = 304.7565 BTC [+]
smickles: options have been closing out, eh?
Bugpowder: the guy selling this options is literally an idiot
pgp: that's right - lots of new entrants - they'll run for cover at the first sign of trouble
mircea_popescu: Bugpowder i've noticed the low ones are selling, like 610 630
mircea_popescu: maybe he judges the potential upside not worth the risk.
smickles: lol, Bugpowder I was about to ask if that was you :D
pgp: more selling at BTC-e...
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.36 BTC [-]
Bugpowder: what is the time premium on them right now
mircea_popescu: but something like this : got them around 10, selling them for 30something is 3x his capital.
Bugpowder: ;;calc (.30475-(91.87-65)/91.87)*91.87
Bugpowder: not sure if I agree with it but, vwap is effectively priced at 93.0 with the bot bid
Bugpowder: yeah, but it happens at 00:00 GMT?
gesell: am i the only one left holding s.dice
bowjob: i dumped dice a long time ago
Bugpowder: gesell: someone is holding 13MM share
assbot: [MPEX:S.MPOE] 1D: 0.0006 / 0.0006091 / 0.00062188 (98431 shares, 59.95 BTC), 7D: 0.0006 / 0.00066543 / 0.00072379 (1699609 shares, 1,130.98 BTC), 30D: 0.0006 / 0.0007354 / 0.00078628 (16778373 shares, 12,338.83 BTC)
thestringpuller: need to start making arrangements to short MPOE at this rate...
thestringpuller: why you sending me youtube videos if you don't have flash :P
pgp: bitfinex is still unavailable - I wonder what's going on...
kakobrekla: incapable fucks are doing bitcoin is what its going on
assbot: [MPEX] [S.MPOE] 6300 @ 0.00062188 = 3.9178 BTC [+]
assbot: [MPEX] [S.MPOE] 11865 @ 0.00062464 = 7.4114 BTC [+]
assbot: [MPEX] [S.MPOE] 14100 @ 0.00062766 = 8.85 BTC [+]
gribble: BTCUSD ticker | Best bid: 92.13482, Best ask: 93.29999, Bid-ask spread: 1.16517, Last trade: 93.29999, 24 hour volume: 66166.83414017, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.03285
gesell: are there historical charts for S.DICE? would be interested to see how the stock performed during similar rocky months
gribble: smickles was last seen in #bitcoin-assets 6 minutes and 7 seconds ago: <smickles> couldn't be
mircea_popescu: pgp maybe somebody finally got bored of their idiocy and used one of the five i mean eight i mean nine billion ror 0days
mircea_popescu: ThickAsThieves i like these journotards copy/pasting dumbed down versions of what i was writing months ago and figuring they're part of the conversation.
pgp: my spidey sense tells me that something is about to happen
gribble: A market order to sell 400000 bitcoins right now would net 9392061.3579 USD and would take the last price down to 0.1000 USD, resulting in an average price of 23.4802 USD/BTC. | Data vintage: 0.0149 seconds
pgp: a shakeout at these level would be healthy
mircea_popescu: i need my bitcoins to trade 5 for a used tesla later on.
assbot: [MPEX] [S.MPOE] 5000 @ 0.00062187 = 3.1094 BTC [-]
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.32710954 = 327.1095 BTC [+]
ThickAsThieves: am i confused or is buying that option so close to deadline rather questionable?
smickles: thestringpuller: probably selling back purchased ones
ThickAsThieves: thats funny, because thats what i used to think it meant
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.3056527 = 305.6527 BTC [+]
pgp: sell now, you'll be able to buy back cheeper
gribble: BTCUSD ticker | Best bid: 90.32000, Best ask: 90.75000, Bid-ask spread: 0.43000, Last trade: 90.32000, 24 hour volume: 66265.68140184, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.04115
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.3055781 = 305.5781 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.28411896 = 284.119 BTC [+]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.26265983 = 262.6598 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.21974155 = 219.7416 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.24120069 = 241.2007 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.19828242 = 198.2824 BTC [+]
taub: $5 isn't really that much considering it's at 90
jborkl: looks like a regular opex date to me
assbot: [MPEX] [S.BBET] 300 @ 0.00050015 = 0.15 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.74 = 7.4 BTC [+]
taub: i was short twice today
taub: but closed out @ breakeven
taub: if you fish, you gotta stick to it
pgp: funny thing is that I shorted on bitfinex and now I can't even get to the fuckin' site!
gribble: BTCUSD ticker | Best bid: 87.90001, Best ask: 88.00000, Bid-ask spread: 0.09999, Last trade: 88.00000, 24 hour volume: 66265.68140184, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.04115
assbot: [BTCTC] [GSDPT] 1 @ 0.00411 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.74 = 7.4 BTC [+]
assbot: [MPEX] [O.BTCUSD.C590T] 1000 @ 0.3699555 = 369.9555 BTC [+]
taub: the thing to remember now is
taub: sell when it's this low
taub: because it will go to zero
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.34849637 = 348.4964 BTC [+]
pgp: [16:08] <pgp> my spidey sense tells me that something is about to happen
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.32703723 = 327.0372 BTC [-]
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 83.57363506 high: 83.58929887 low: 61.9373141 volume: 67796 btc: 11746.6100017 30 day: no data
TomServo: Don't think I've seen it that high yet.
taub: i think i know what the lag is and how you can cause it
taub: haven't tested it yet
gribble: BTCUSD ticker | Best bid: 84.68400, Best ask: 88.00000, Bid-ask spread: 3.31600, Last trade: 88.00000, 24 hour volume: 66265.68140184, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.04115
taub: Bugpowder: you get out?
gribble: BTCUSD ticker | Best bid: 84.68400, Best ask: 88.00000, Bid-ask spread: 3.31600, Last trade: 88.00000, 24 hour volume: 66265.68140184, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.04115
pgp: I think somewhere in the 60's is where it'll bottom out and presumable bounce back...
taub: idk, bounce before likely, then it might try 60
taub: 60 is a bit far imo
taub: 80, and then worse from there, but not in one huge move
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.23792695 = 237.927 BTC [-]
taub: and now we play the lag game
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.2163756 = 216.3756 BTC [-]
smickles: www.teevault.com/wp-content/uploads/2011/11/Now-Panic-and-Freak-Out-Tshirt.jpg << good find whoever earlier
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.19482424 = 194.8242 BTC [-]
assbot: [MPEX] [O.BTCUSD.C630T] 10 @ 0.32413236 = 3.2413 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.15280605 = 0.6112 BTC [-]
pgp: 70000 traded in the low 60's before going back up
gribble: BTCUSD ticker | Best bid: 87.80000, Best ask: 88.00000, Bid-ask spread: 0.20000, Last trade: 88.00000, 24 hour volume: 66265.68140184, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.04115
assbot: [MPEX] [O.BTCUSD.C690T] 300 @ 0.2594783 = 77.8435 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 300 @ 0.28102966 = 84.3089 BTC [-]
assbot: [MPEX] [O.BTCUSD.C650T] 300 @ 0.30258101 = 90.7743 BTC [-]
bitesak: are these assbot messages options that are exercised?
bitesak: is there no way to cancel an order in coinbr ?
mpexbot: smickles: 0.108469963074 seconds
Bugpowder_: lol watch this bounce higher than ever
jurov: bitesak, how does the order look on dashboard?
Ukto: Bugpowder_: possibly
Bugpowder_: smickles: did u just take down your bot?
Ukto: but its time for fridays weekend drop tomorrow
smickles: Bugpowder_: mine's being delayed by gox
ThickAsThieves: for all my bitching about gox suggested price freezing, i should note it's frozen at 92.7 atm
bitesak: I don't see any cancel button in dashboard. There is detail and Copy Order...
jurov: yes, but is the order Queued or Waiting or?
Bugpowder_: poor guy who bot $5000 off me this morning @ 97.54
jurov: sth broke then.. looking into it...
assbot: [MPEX] [O.BTCUSD.P750T] 23 @ 0.01006016 = 0.2314 BTC [-]
assbot: [MPEX] [O.BTCUSD.P730T] 52 @ 0.00903515 = 0.4698 BTC [-]
gribble: BTCUSD ticker | Best bid: 87.30000, Best ask: 87.90000, Bid-ask spread: 0.60000, Last trade: 87.30000, 24 hour volume: 66265.68140184, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.04115
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.16930804 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.19341941 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 4 @ 0.21510589 = 0.8604 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.19351975 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 999 @ 0.19351975 = 193.3262 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 995 @ 0.21510589 = 214.0304 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.23669203 = 236.692 BTC [-]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.25827817 = 258.2782 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.27986431 = 279.8643 BTC [-]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.30145045 = 301.4505 BTC [-]
bitesak: anychance it can be fixed soon so I can take care of this before heading out?
gribble: BTCUSD ticker | Best bid: 88.00000, Best ask: 89.00000, Bid-ask spread: 1.00000, Last trade: 88.00000, 24 hour volume: 66265.68140184, 24 hour low: 86.63000, 24 hour high: 95.70000, 24 hour vwap: 92.04115
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 84.67319583 high: 84.68490566 low: 66.22384528 volume: 77763 btc: 14138.0440799 30 day: no data
gribble: Error: "bc,24prc" is not a valid command.
jborkl: someone needs to take assbot out for a drink
smickles: so that 700 dump on btce really spooked some people, eh?
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.15103205 = 0.6041 BTC [-]
Diablo-D3: what happened to that one asshole that hung around here and annoyed the shit out of me because I wuldnt give him preferencial treatment
smickles: oh, noes, i can't fetch mtgox depth
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1201 BTC [-]
bowjob: back to less than a billion
assbot: [BTCTC] [COGNITIVE] 2 @ 0.12 = 0.24 BTC [-]
smickles: and he had it on ice, ready to go
assbot: [BTCTC] [COGNITIVE] 7 @ 0.119 = 0.833 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.118 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.2133214 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.19168637 BTC [+]
bowjob: these bears are gonna be in a world of hurt
assbot: [MPEX] [O.BTCUSD.C750T] 999 @ 0.19168637 = 191.4947 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.14425872 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 999 @ 0.2133214 = 213.1081 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.16512605 BTC [-]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.23495643 = 234.9564 BTC [-]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.25659146 = 256.5915 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.27822649 = 278.2265 BTC [-]
assbot: [MPEX] [O.BTCUSD.C650T] 700 @ 0.29986152 = 209.9031 BTC [-]
taub: i think the lag might be because all the fund checks mtgox does, like you can put in orders witout having funds
bowjob: mines the one on the left
taub: when another order gets filled mtgox will fund those other orders insantly
taub: putting the exchange on hold first
bowjob: I'd love to get a 2013 on
bowjob: this coin I have will be a perma physical coin
bowjob: What I don't understand is why someone would cash out to fiat
gribble: BTCUSD ticker | Best bid: 90.00000, Best ask: 90.15000, Bid-ask spread: 0.15000, Last trade: 90.00000, 24 hour volume: 78305.80736563, 24 hour low: 84.68400, 24 hour high: 95.70000, 24 hour vwap: 91.32378
assbot: [BTCTC] [COGNITIVE] 43 @ 0.1161 = 4.9923 BTC [-]
assbot: [BTCTC] [COGNITIVE] 40 @ 0.1115 = 4.46 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.108 BTC [-]
smickles: bowjob: btw, that lappy in the background was freshly purchased with btc :D
Diablo-D3: so no one has seen eskimobob around?
pgp: one more chance to sell
gribble: EskimoBob was last seen in #bitcoin-assets 2 weeks, 4 days, 0 hours, 20 minutes, and 3 seconds ago: <EskimoBob> wow, LOOK! A 11 btc trade at pervert bazaar. Must be a killer week of trading :)
Diablo-D3: maybe he ragequit when I started making good on my promise
bowjob: he could be tiber actually
gribble: There are currently 5726.2787 bitcoins demanded at or over 80.0 USD, worth 474027.313763 USD in total. | Data vintage: 0.0059 seconds
Diablo-D3: mircea_popescu: yeah, but he defaulted iirc
gribble: There are currently 5196.4086 bitcoins offered at or under 95.0 USD, worth 485299.540029 USD in total. | Data vintage: 12.2856 seconds
Diablo-D3: cant remember the name of the asset
assbot: [HAVELOCK] [SDICE] 1 @ 0.3788 BTC [-]
assbot: [HAVELOCK] [SDICE] 7 @ 0.37100001 = 2.597 BTC [-]
assbot: [HAVELOCK] [SDICE] 29 @ 0.371 = 10.759 BTC [-]
assbot: [HAVELOCK] [SDICE] 23 @ 0.37 = 8.51 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.37 = 1.48 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.19098576 = 190.9858 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.21263947 = 212.6395 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.23429318 = 234.2932 BTC [-]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.2559469 = 255.9469 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.27760061 = 277.6006 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.435 BTC [-]
gribble: There are currently 1009.4445 bitcoins demanded at or over 88.0 USD, worth 88831.1116898 USD in total. | Data vintage: 0.0064 seconds
taub: lots of people being at home and having plenty of time to panic
taub: gonna be interesting
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.19957113 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.17589554 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 999 @ 0.1904595 = 190.269 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.14 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 999 @ 0.21212725 = 211.9151 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.1 BTC [-]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.23379499 = 233.795 BTC [-]
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.25546274 = 255.4627 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.27713049 = 277.1305 BTC [-]
pgp: a lot of for sale at 87
gribble: (title <url>) -- Returns the HTML <title>...</title> of a URL.
Cylta: so, when popescu are planning to sell his coins? I will not believe that he will pass this fun:-)
smickles: Cylta: mp has said befor that he doesn't intend to sell
Cylta: hmm.. for chinese or japanese money.
Cylta: smicles, oh, thanks. I did not see it.
Cylta: however, for me its strange to loose such oportunity...
Cylta: to play with big fluctuation, that may happen soon.
gribble: (eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
thestringpuller: ;;everify freenode:#bitcoin-otc:e00de96eba2eeab5e6a9455a939de58ac170fb9de7b1e0d9b356eda6
gribble: You are now authenticated for user thestringpuller with key 0FF2943DA179E169
gribble: You are identified as user thestringpuller, with GPG key id 0FF2943DA179E169, key fingerprint 6ACE36E786F39A4ADC4506DE0FF2943DA179E169, and bitcoin address None
Cylta: nevermind, too late, its happening right now :-)
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.15683346 BTC [+]
mircea_popescu: i'm probably the largest player anyway, indirectly, via mpoe bot.
pgp: and now comes the panic selling
Namworld: no, not a good time. Expire next day
gribble: BTCUSD ticker | Best bid: 82.50000, Best ask: 83.00000, Bid-ask spread: 0.50000, Last trade: 83.00000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
jurov: such a patience test for me ear every month's end
jurov: sitting on heap of MPBPT funds and avoid doing anything stupid with them
jurov: as whole worls around writhes in panic
taub: let me take a peak at otc
jurov: but the btcquick ipo sharpshooting paid handsomely :p
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.18746445 = 187.4645 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.20921206 = 209.2121 BTC [+]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.23095968 = 230.9597 BTC [-]
assbot: [MPEX] [O.BTCUSD.C690T] 695 @ 0.25270729 = 175.6316 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 700 @ 0.27445491 = 192.1184 BTC [-]
gribble: BTCUSD ticker | Best bid: 81.00000, Best ask: 82.95000, Bid-ask spread: 1.95000, Last trade: 82.00000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
Cylta: mp are you able in technical meaning to start rally or panic sell?
smickles: Namworld: you could buy the N puts
assbot: [HAVELOCK] [SDICE] 1 @ 0.40999999 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.41 = 1.23 BTC [+]
gribble: Error: "vwap" is not a valid command.
smickles: or, wait. how will the name conversion affect that?
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 86.19880169 high: 86.20830418 low: 66.22384528 volume: 97867 btc: 18859.8396038 30 day: no data
Cylta: for example by big sell on mtgox, or serie of small sells, or by changing ratio of amount of options on mpex...
jurov: or by postponing to list calls struck above 75, you mean?
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1076 BTC [+]
bowjob: I feel the knife, it hurts
assbot: [MPEX] [S.MPOE] 2950 @ 0.00066576 = 1.964 BTC [+]
jurov: btw, i could really use a cheatsheet for the bots on -assets website
gribble: BTCUSD ticker | Best bid: 80.00000, Best ask: 82.00000, Bid-ask spread: 2.00000, Last trade: 80.00000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.739 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [+]
Namworld: fuck this... we're going to 1 USD/BTC!
jurov: lol...only if satoshi's selling
jurov: upon seeing devteam's recent endeavors
smickles: this is going to be one heluva beer run
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.13883755 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 67 @ 0.74 = 49.58 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 999 @ 0.18391246 = 183.7285 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.12032302 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 979 @ 0.2057548 = 201.4339 BTC [-]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.22759713 = 227.5971 BTC [-]
thestringpuller: mircea_popescu: what happenes if MPOEBOT writes a contract
ThickAsThieves: dude someone is buying massive amounts of AM shares on BitFunder
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.749 = 2.996 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.749 = 1.498 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.749 = 5.992 BTC [+]
gribble: BTCUSD ticker | Best bid: 78.51110, Best ask: 79.00000, Bid-ask spread: 0.48890, Last trade: 79.00000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
assbot: [MPEX] [O.BTCUSD.C310T] 2 @ 0.66444382 = 1.3289 BTC [+]
jurov: lol good i bought my calls like month ago
jurov: C310s not affected.
gribble: BTCUSD ticker | Best bid: 79.00010, Best ask: 79.90000, Bid-ask spread: 0.89990, Last trade: 79.90000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
damientrog: ha, I just bought gold at 96,143$ / BTC
thestringpuller: mircea_popescu: but what if it buys the contract back for more and then the exercise amount goes up?
jborkl: the bot buys back the call and closes the position
Namworld: actually what WOULD happen (which it won't) is the option would be executed at a profit, but money taken from the collateral.
thestringpuller: I'm not trying to find out anything just asking business logic questions...
gribble: A market order to buy 1000 bitcoins right now would take 78000.0000 USD and would take the last price up to 78.0000 USD, resulting in an average price of 78.0000 USD/BTC. | Data vintage: 0.0002 seconds
gribble: BTCUSD ticker | Best bid: 77.76413, Best ask: 78.00000, Bid-ask spread: 0.23587, Last trade: 78.00000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
jborkl: there are a flood of calls being sold back to the bot at a profit, so a excess supply would drive price down
Bowjob_: All right, I got some free soup. I can sell at 89 per BTC
pgp: 4000 offered at 78....
gribble: There are currently 10389.23 bitcoins demanded at or over 75.0 USD, worth 787700.842721 USD in total. | Data vintage: 61.7392 seconds
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.12938115 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.749 = 2.247 BTC [+]
Namworld: We'll hit a wall pretty soon...
KRS1: how long do these freezes last
gribble: A market order to sell 10000 bitcoins right now would net 757756.5473 USD and would take the last price down to 75.0000 USD, resulting in an average price of 75.7757 USD/BTC. | Data vintage: 0.0006 seconds
gribble: BTCUSD ticker | Best bid: 77.50000, Best ask: 78.00000, Bid-ask spread: 0.50000, Last trade: 77.50000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
KRS1: ya the quote on mtgox hasnt changed in 10-15 min i think
smickles: oh, it depends on how many orders are put to gox
pgp: coin trading at 92 on bitfloor... totally disconnected markets....
KRS1: so they freeze it to stabilize the price i assume
smickles: they just have a trading engine which can't keep up
gribble: BTCUSD ticker | Best bid: 77.70000, Best ask: 77.98870, Bid-ask spread: 0.28870, Last trade: 77.70000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
Namworld: the freeze probably exacerbate the sellout/jumps in
KRS1: oh i see..damn..not sure what to think about that then..would think the price would stabilize from wild swings or something with the timeout. good guess but wrong eh
Namworld: because people can't see the price and panic buy/sell
KRS1: thats a good thing i guess
assbot: [MPEX] [O.BTCUSD.P750T] 1000 @ 0.05255101 = 52.551 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 22 @ 0.75 = 16.5 BTC [+]
KRS1: been using btc for two years now at least and didnt realize just how much i didnt know til i started looking more into this and talking to you fine folks
taub: its going deeper than I thought it would
smickles: how fast can the 24h-all-market-vwap move?
jurov: let them buy puts. mpbor prolly needs some healing
Namworld: But if they're going to waste money, better give it to me instead =/
Namworld: Average is high enough that one could wait much longer and buy those puts at the same price
Namworld: plus average moves too slowly, we'd have to see a further massive drop
gribble: Time since last block: 1 minute and 44 seconds
gribble: Error: I tried to send you an empty message.
pgp: 4000 showed up for sale on bitfinex
smickles: well, not offline, just stops selling/buying *T
Bowjob_: I will sell at least 100 worth for 89
KRS1: any way to get any mtgox data right now
Namworld: A quarter kilo of gold... neat
pgp: half way to my target price
mircea_popescu: if there's say 50k btc dumped right now at an avg of 60 the vwap would drop to like 70 on the next tick
Cylta: damientrog you should make/buy that old-fashion bag for gold coins now :-)
gribble: BTCUSD ticker | Best bid: 76.25000, Best ask: 77.00000, Bid-ask spread: 0.75000, Last trade: 77.00000, 24 hour volume: 86859.06297305, 24 hour low: 82.00000, 24 hour high: 95.70000, 24 hour vwap: 90.77563
gribble: Error: Failure to retrieve ticker. Try again later.
Namworld: mircea: yeah, but it by the time vwap change, you'd have time to adjust position
Namworld: Assuming you're watching the price
Bowjob_: All right, I've won the BTC game
assbot: [BTCTC] [B.YABMC] 1 @ 0.00876 BTC [-]
Bowjob_: Made my capital back and then some, still 100+ BTC. and then ASIC
taub: wish i wasnt so tired,m ight as well just go to back
taub: bed, and when i wake up its at 92 again
assbot: [BTCTC] [B.YABMC] 1 @ 0.00875 BTC [-]
taub: and time to short the second time
Namworld: taub, I have something to sleep soundly
taub: everything to 60 is just a 30% retracement
taub: nothing that unusual
taub: be worried when it breaks 50
pgp: yes... 60 is support
gribble: Error: invalid syntax (<string>, line 1)
mircea_popescu: it's funny tho, crash happened just after i finally claimed my 50mn mkt cap trophy
Cylta: mircea_popescu are you technically able to start rally/panic sell?
pgp: mp - you jumped the shark
gribble: Error: Failure to retrieve ticker. Try again later.
Cylta: for example can you do crash like this at any time you want?
pgp: oops.... they might having a real problem right now...
jurov: Cylta, mtgox won't be crashed "technically". instead some clever folks will feed it few indigestible orders
jurov: if that isn't happening already
benkay: whaddaya mean by "indigestible orders"?
jurov: i remember mtgox engine discussed somewhere
jurov: generally it's assumed it is very inefficient
mpexbot: thestringpuller: S.MPOE 1 day: average: 0.00061457 high: 0.00066576 low: 0.0006 volume: 138646 btc: 85.20714111 7 day: average: 0.00066397 high: 0.00072379 low: 0.0006 volume: 1717494 btc: 1140.36576603 30 day: average: 0.00073513 high: 0.00078628 low: 0.0006 volume: 16803773 btc: 12352.973398
gribble: Error: Failure to retrieve ticker. Try again later.
mpexbot: thestringpuller: S.MPOE Bids: ['27400 @ 0.00064468', '9650 @ 0.00063483', '5172 @ 0.00060001', '1000 @ 0.00060001', '97155 @ 0.0006']
mpexbot: thestringpuller: Asks: ['5000 @ 0.00067292', '5000 @ 0.00068292', '1300 @ 0.00068293', '5000 @ 0.00068294', '5000 @ 0.00069537']
pgp: down hard, methinks...
gribble: BTCUSD ticker | Best bid: 76.51340, Best ask: 78.00000, Bid-ask spread: 1.48660, Last trade: 76.51340, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
benkay: hey fam, when I send a tx with a confirmation fee, that confirmation fee does *not* come out of the amount sent to the recipient, right?
jurov: can't find it now. basically it was something about mtgox picking top order and doing select for matching orders in a loop
jurov: so if there's many it seizes up
ThickAsThieves: lately, sometimes i see the top ask is a lower price than the next ask on clarkmoody sometimes
Namworld: Last time we were trying to break 75, flash crash to almost 50. Now we try to break 100, flash crash to almost 75. Now starting to go back up again...
KRS1: namworld i noticed that too not sure wha tto make of it though
gribble: BTCUSD ticker | Best bid: 78.50000, Best ask: 78.58238, Bid-ask spread: 0.08238, Last trade: 78.58238, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
KRS1: could it just be a lot of volume today..i noticed on gox for instance the volume has been high today looking back at a 1 week chart
mircea_popescu: <jurov> can't find it now. basically it was something about mtgox picking top order and doing select for matching orders in a loop << WHAT
KRS1: yesterday had some action..
KRS1: uh that doesnt sound good lol
KRS1: sounds like we'd have some rewinding to do
assbot: [MPEX] [S.MPOE] 5000 @ 0.00064468 = 3.2234 BTC [-]
taub: Guest14382> come on TANK
taub: im going to bed, its just gonna crawl up to 92
assbot: [MPEX] [S.MPOE] 300 @ 0.00066676 = 0.2 BTC [+]
gribble: Error: "lag" is not a valid command.
gribble: BTCUSD ticker | Best bid: 82.00000, Best ask: 84.62000, Bid-ask spread: 2.62000, Last trade: 84.62000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
Namworld: I hope someone is happy with his 50 BTC of worthless PUTs =/
gribble: Error: I tried to send you an empty message.
Cylta: where did you buy puts, people?
Cylta: what if mp can play agaist his options, to correct price of market to not to pay too much?..
damientrog: time to go to bed, seems to be recovering
Namworld: No more buyers, Nam wants cheaper coins!
gribble: BTCUSD ticker | Best bid: 86.00000, Best ask: 88.72000, Bid-ask spread: 2.72000, Last trade: 88.72000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
Bowjob: 125add80f475024677b82ce00d26415c7195cb2be27e6522b161a3e64fac8081
Bowjob: How come I cant see this on the tx chain
Namworld: people rushing 10ks of BTC, probably to exchanges
Namworld: Bowjob: I'm having the same problem. I sent a transaction but I don't see it on blockchain.info
Bowjob: I feel slighlty liberated
assbot: [BTCTC] [ASICMINER-PT] 53 @ 0.75 = 39.75 BTC [+]
gribble: BTCUSD ticker | Best bid: 87.00000, Best ask: 89.50000, Bid-ask spread: 2.50000, Last trade: 89.50000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
assbot: [BTCTC] [ASICMINER-PT] 50 @ 0.75 = 37.5 BTC [+]
gribble: BTCUSD ticker | Best bid: 87.50000, Best ask: 89.50000, Bid-ask spread: 2.00000, Last trade: 89.50000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.75 = 4.5 BTC [+]
gribble: Error: I tried to send you an empty message.
gribble: BTCUSD ticker | Best bid: 88.00000, Best ask: 89.50000, Bid-ask spread: 1.50000, Last trade: 87.50000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
gribble: BTCUSD ticker | Best bid: 87.00000, Best ask: 89.50000, Bid-ask spread: 2.50000, Last trade: 87.00000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
assbot: [BTCTC] [ASICMINER-PT] 61 @ 0.75 = 45.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.799 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.7995 = 11.9925 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7997 = 1.5994 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7999 = 2.3997 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 23 @ 0.8 = 18.4 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [+]
gribble: BTCUSD ticker | Best bid: 87.51100, Best ask: 89.00000, Bid-ask spread: 1.48900, Last trade: 89.00000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
gribble: Error: I tried to send you an empty message.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8185 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.81885 = 2.4566 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.818899 = 2.4567 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.81999 = 8.1999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.82897 = 8.2897 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8393 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.83945 = 2.5184 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.84 = 1.68 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 158 @ 0.84 = 132.72 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84 BTC [+]
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 86.3571781 high: 86.36645422 low: 66.22384528 volume: 100848 btc: 19472.9877722 30 day: no data
gribble: BTCUSD ticker | Best bid: 87.50000, Best ask: 88.00000, Bid-ask spread: 0.50000, Last trade: 88.00000, 24 hour volume: 111005.53495385, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.94464
jborkl_: for most retards in one place?
Lyspooner: apparently it's the most retards in one place
Lyspooner: the forum record hadn't been broken since 2011
assbot: [BTCTC] [ASICMINER-PT] 32 @ 0.84 = 26.88 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.85 = 8.5 BTC [+]
Lyspooner: the reddit one is being broken every day
Lyspooner: it feels like more stupid people are hearing about bitcoin all the time
Lyspooner: but right now i see lots of "how does it work?" "it goes up"
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.15872391 = 158.7239 BTC [+]
smickles: mircea_popescu: 'endless march' has a nice ring to it
assbot: [HAVELOCK] [HIM] 2 @ 1.88 = 3.76 BTC [+]
Namworld: Ah, I could finally pay out BTC-BOND and still have lots of BTC to trade.
Lyspooner: i'm jealous of all the people who can trust a new currency they never heard about without trying to understand a) how it kind of works and b) why it might be favorable to other currencies
Namworld: I'm needing BTC-BOND to have a large trading capital less and less.
Lyspooner: well if they do it happily, that's great
jurov: Namworld stop spoiling things!
taub: Lyspooner> bitcointalk forum new record set
Namworld: lol at the expanding chocolate
taub: plot new users, topics and posts against price
taub: interesting results
taub: it also peaked at $30
Lyspooner: taub, the last time bitcointalk set a new record, the bubble burst
gribble: BTCUSD ticker | Best bid: 86.10002, Best ask: 86.48900, Bid-ask spread: 0.38898, Last trade: 86.10002, 24 hour volume: 127589.30954445, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.39577
jurov: counting memegenerator links is simpler
Bowjob: I can't find my tx on the block
Namworld: It might just not have been relayed
Namworld: I got one that's there and another that's not showing up
Bowjob: nam. what happens to it then
gribble: BTCUSD ticker | Best bid: 85.79006, Best ask: 85.79668, Bid-ask spread: 0.00662, Last trade: 85.79668, 24 hour volume: 127719.97605760, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.39194
mircea_popescu: asciilifeform dude. bitcoin people don't have the intellectual wherewithal to wipe their own nose.
assbot: [MPEX] [S.MPOE] 22400 @ 0.00064468 = 14.4408 BTC [-]
mircea_popescu: the devteam doesn't know which side is up sufficiently to test its own code.
mircea_popescu: miners have yet to figure out wtf hedging is and how it works, in spite of it being explaiend on trilema, diff futures being available etc.
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.839995 = 16.7999 BTC [-]
mircea_popescu: and you want me to believe anyone actually thinks ? get out for srsly.
Bowjob: great. electum is down
mircea_popescu: if somebody is smart enough to implement evil colluding front trading,
mircea_popescu: they'd be making about 10x that by... i dunno... making an asic run.
mircea_popescu: one that's not run by retards who apparently can't get 20kw installed in one place or whatever the fuck.
mircea_popescu: seriously, there's so much free space for white hatness that you'd have to be quite insane to bother with darkhatness.
mircea_popescu: we have to come to a discussion of boring, because on the straight motivation factor this makes no sense.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8778 BTC [+]
mircea_popescu: greed'd be better served by more useful applications atm.
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.8779 = 7.0232 BTC [+]
Namworld: those low calls have a breakeven point of like 2000 USD/BTC+
mircea_popescu: so some idiot thinks he's the bee's knees and you show him better.
mircea_popescu: this is like people stumbling and landing on their face in public imagining "everyone saw". nope. nobody gave a shit.
jurov: all in all, watching another feeble and desperate attempt by humanity to reinvent itself.
mircea_popescu: i still don't see who'd care or why'd it matter. at all, like.
Bowjob: Do we have technically minded people here?
mircea_popescu: probably difficult to digest, but i don't. i'm strictly interested in thinking things through and implementing them correctly.
gribble: BTCUSD ticker | Best bid: 88.20002, Best ask: 88.34000, Bid-ask spread: 0.13998, Last trade: 88.20002, 24 hour volume: 131782.34304095, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.35351
jurov: asciilifeform: how? whales move in and out of 1Fx.... all the time
KRS1: otc seems a better deal
Namworld: my transaction just ain't confirming...
jurov: is there an api for # of unconfirmed txs anywhere?
jurov: ironically, im certain the bitcoind on my machine knows that.. but getting the number out of it...
Namworld: Feeless transactions confirm faste >.>
Namworld: 0.0001 on a large move (120 BTC)
jurov: 0.0001 is too small as i found out myself yest
Bowjob: anyone here using electrum
jurov: yea, in mere 12 hours or so
Namworld: Well that's a lot cheaper than PayPal
jurov: The necessary fee on your tx is well predictable, if anyone minded to analyze the unconfirmed txs statistically
jurov: um... i hear someone asking about bachelor thesis?
mircea_popescu: the day i save on a dime is the day i pack up the harem and retire on mars.
Namworld: I wonder what's up with ZIGGAP
mpexbot: smickles: No new messages received.
Namworld: Yeah, my fees are based on what Armory suggests
Namworld: Sometimes it's 0.0001, sometimes it's 0.0005
jurov: so armory seems to account for that?
Namworld: I think it's mostly based on amount of inputs... but yeah, kind of
Bowjob: isnt it ian bakewell's moment of truth
Namworld: So like 30k USD loss if he pays back
Bowjob: look at this buying power
gribble: BTCUSD ticker | Best bid: 87.99999, Best ask: 88.00000, Bid-ask spread: 0.00001, Last trade: 88.00000, 24 hour volume: 136246.06886715, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.41623
gribble: There are currently 2084.7938 bitcoins offered at or under 92.0 USD, worth 188350.163298 USD in total. | Data vintage: 0.0017 seconds
gribble: There are currently 8026.3054 bitcoins offered at or under 95.0 USD, worth 746419.333104 USD in total. | Data vintage: 7.7048 seconds
gribble: BTCUSD ticker | Best bid: 87.50002, Best ask: 87.78000, Bid-ask spread: 0.27998, Last trade: 87.50001, 24 hour volume: 138377.72130273, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.42466
gribble: There are currently 45195.463 bitcoins offered at or under 200.0 USD, worth 5025968.47558 USD in total. | Data vintage: 0.0038 seconds
assbot: [MPEX] [S.MPOE] 14455 @ 0.0006357 = 9.189 BTC [-]
benkay: quite the crash this afternoon, eh gentlemen?
benkay: retrace to seventy five and then flat back one day? two?
benkay: i should start keeping fiat on gox for these events
assbot: [MPEX] [O.BTCUSD.C750T] 308 @ 0.15862914 = 48.8578 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.38 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.37000001 = 1.11 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.37 = 1.48 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.35500001 = 0.71 BTC [-]
smickles: heh, bitcoin is good for that every once in a while, gox just makes it worse
benkay: we might have a stable currency except for gox
MJR_III: also...i don't think that the charts are keeping up
gribble: BTCUSD ticker | Best bid: 84.63439, Best ask: 84.80000, Bid-ask spread: 0.16561, Last trade: 84.80000, 24 hour volume: 144582.26393633, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.34194
gribble: BTCUSD ticker | Best bid: 85.20000, Best ask: 85.39000, Bid-ask spread: 0.19000, Last trade: 84.99989, 24 hour volume: 146197.46407703, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.31167
gribble: Error: "ask" is not a valid command.
gribble: There are currently 27577.248 bitcoins offered at or under 100.0 USD, worth 2628721.38478 USD in total. | Data vintage: 0.0246 seconds
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00485 = 0.0728 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.87 BTC [-]
Ukto: mpex has pages? :P *nudges Mircea*
Ukto: btw smickles: BF has topped 2,300 BTC 24hr vol :)
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.877895 = 17.5579 BTC [+]
assbot: [MPEX:S.MPOE] 1D: 0.0006 / 0.00062205 / 0.00066676 (168732 shares, 104.96 BTC), 7D: 0.0006 / 0.00066192 / 0.00072101 (1713863 shares, 1,134.45 BTC), 30D: 0.0006 / 0.00073488 / 0.00078628 (16836028 shares, 12,372.51 BTC)
gribble: BTCUSD ticker | Best bid: 86.50000, Best ask: 86.87137, Bid-ask spread: 0.37137, Last trade: 86.87137, 24 hour volume: 153284.13060894, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.23528
kakobrekla: many reasons, dont have the time to get into that again
kakobrekla: in short, they are slow, the steal via fees since ever, tiny amouts but still and is run by kids with css skills, also trading interface is fcuked, you need 3 or 4 tabs - have fun
assbot: [MPEX] [S.MPOE] 4700 @ 0.00066676 = 3.1338 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067292 = 3.3646 BTC [+]
assbot: [MPEX] [S.MPOE] 1250 @ 0.00067438 = 0.843 BTC [+]
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {mtgox(ask|bid|last)} to index price to mtgox ask, bid, or last price. May also include (1 more message)
gribble: Error: "24hprc" is not a valid command.
gribble: Error: "24h,prc" is not a valid command.
gribble: Error: "24hrpc" is not a valid command.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.87968 = 8.7968 BTC [+]
gribble: BTCUSD ticker | Best bid: 87.73000, Best ask: 87.75000, Bid-ask spread: 0.02000, Last trade: 87.73000, 24 hour volume: 155699.24992401, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.21684
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation:
http://gribble.sourceforge.net/ gribble: There are currently 24555.229 bitcoins offered at or under 100.0 USD, worth 2358207.51086 USD in total. | Data vintage: 0.0027 seconds
gribble: There are currently 21738.811 bitcoins offered at or under 99.9 USD, worth 2076585.24429 USD in total. | Data vintage: 35.6864 seconds
gribble: BTCUSD ticker | Best bid: 90.00000, Best ask: 90.04900, Bid-ask spread: 0.04900, Last trade: 90.00000, 24 hour volume: 155899.94157540, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.21739
MJR_III: well...say goodbye to another bunch of weak hands i guess
copumpkin: and it's not as if it's "disabled"
copumpkin: it's just that it isn't very prevalent
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.87 BTC [-]
MJR_III: yes...you can short right now
MJR_III: fucking bullshit though...minutes of lag
MJR_III: why don't we just mail our orders to gox
MJR_III: also...bitfloor has not had these issues...they didn't have a huge dropoff and they have maintained the price...mt gox injects a ton of uncertainty into the market with their horrible matching engine
MJR_III: all you need is to borrow bitcoins
copumpkin: you short by finding someone to lend you coins
MJR_III: um...since they connect to gox
copumpkin: it's not like shares that are much harder to borrow
MJR_III: well...you have access to the liquidity
assbot: [MPEX] [S.MPOE] 15909 @ 0.00066793 = 10.6261 BTC [-]
assbot: [MPEX] [S.MPOE] 1344 @ 0.00067438 = 0.9064 BTC [+]
MJR_III: were you going to short for a year?
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.84 = 3.36 BTC [-]
MJR_III: hint: if you are shorting, you expect price to go down
MJR_III: yeah...you are totally right tiberiusiv i can't make money selling at 97 and covering at 80
MJR_III: oh...but if THEY RISE IN VALUE YOU ARE A dumbass to short
MJR_III: if I think they go up i get long
MJR_III: if i think they go down, i short
MJR_III: meaning you are paying LOWER rates of interest if you are right
MJR_III: and i just showed it to you
MJR_III: let me walk you through the scenario
copumpkin: tiberiusiv: it's not currently deflationary
copumpkin: omg stocks are deflationary right now
MJR_III: it would cost me .03 bitcoins
MJR_III: i had to spend $2 in order to short
MJR_III: how could i ever make that back
copumpkin: this is an awesome conversation to watch
MJR_III: you have to pay 2 dollars in interest
MJR_III: you made 1200 in my scenario
MJR_III: i don't think you understand how apy works
MJR_III: you are paying a tiny tiny rate of interest
MJR_III: if i expect it to stay where it is
MJR_III: i don't think you understand how speculation works
copumpkin: MJR_III: it takes a speculum, right?
MJR_III: another epic troll by tiberiusiv
MJR_III: then went long and rode it back up
copumpkin: tiberiusiv: how do you expect to short then, when risk for the lender is so high? should lending not exist at all?
MJR_III: there aren't 21 million bitcoins yet
copumpkin: tiberiusiv: that's an argument against any interest rate you pick
MJR_III: so you are trying to borrow an impossible amount of money
MJR_III: lets say i want to borrow 100 quintillion dollars
MJR_III: how would i service that debt?
copumpkin: in other news, if you borrow all the money in the world, things might go strangely
MJR_III: tiberiusiv: but only for principal
MJR_III: no money is created for interest
MJR_III: this is fractional reserve lending 101
MJR_III: you cannot always obtain dollars
MJR_III: a limited number of dollars
MJR_III: it is lower than the total amount owed
copumpkin: tiberiusiv: where did you learn about this stuff, out of curiosity?
MJR_III: copumpkin: where did he NOT learn about this?
MJR_III: ok...but a lot of people don't seem to want to lend their bitcoins
MJR_III: that is the markets desire for interest on btc
copumpkin: lending rates historically have been way higher in bitcoin
MJR_III: look at BTC Lending offers
copumpkin: tiberiusiv: and how do you propose that happen, as I asked before?
copumpkin: there's still large risk for the lender
MJR_III: if you look at the site we are talking about...you will see that bitcoin lending and dollar lending is a market like any other
MJR_III: the current VARIABLE rate is 9.5%
MJR_III: ok...you said it is 12 and has always been 12
MJR_III: ok...i want to short all the aapl shares in the world
MJR_III: there is a concept of hard to borrow
MJR_III: i need to "locate" the shares before i can sell short
MJR_III: i don't think you understand how the free market works
MJR_III: you can lend coins for as much as you can get
MJR_III: no one has defaulted on bitfinex
copumpkin: I HAVE AN EXPLANATION FOR WHY, SO THAT IS THE EXPLANATION
MJR_III: do you understand what a margin call is?
MJR_III: first, you can see it yourself
MJR_III: well...no one is taking whats out there
MJR_III: so it seems to be more than enough
MJR_III: well...that is probably because you'd have to be stupid to short
copumpkin: you can still approach me and say "hey copumpkin, can I borrow some coins?"
MJR_III: pray tell how did you obtain this info?
MJR_III: put your money where your mouth is
MJR_III: and go to bitfinex and take out the short
MJR_III: you can short 2500 RIGHT NOW
MJR_III: if you put up 500 or so coins
MJR_III: you can lock in fixed rates
MJR_III: have you ever even seen bitfinex's site
MJR_III: but you aren't paying in dollars
MJR_III: you are paying in bitcoins
MJR_III: if the price doubles the INTEREST is the last of your worries
MJR_III: you will get stopped out if it goes up by 20%
copumpkin: have you heard of daily settlement?
MJR_III: copumpkin: i'm just gonna mute...its obvious he has no idea what he's talking about
copumpkin: you can tell yourself that to make yourself feel better about not having any real arguments
MJR_III: copumpkin: he has been at this game for a week now
MJR_III: just trollling bitcoin-assets
MJR_III: i ignored him on my phone's irc client
MJR_III: but forgot to do it on MiRc
copumpkin: I conveniently own a slice of MPOE!
MJR_III: so i got sucked into yet another stupid conversation with an idiot
bgupta: MJR_III not to interupt this retardedness, but what are the requirements to borrow at 12%? IE: How do they know you won't abscond with the coins?
MJR_III: copumpkin: are you involved with iphone jailbreaking?
MJR_III: bgupta: you cannot default
MJR_III: you cannot withdraw from it
copumpkin: tiberiusiv: I can't remember now, it was ages ago
MJR_III: you can only trade with it
MJR_III: if you lose what you have in the bank
copumpkin: I think I got a little over 100k shares for 5 or 10 btc?
bgupta: Ah so you have to use it to short in their trading system.. you can't borrow it for other reasons.
MJR_III: they liquidate your position
MJR_III: similar to most prop trading firms
smickles: tiberiusiv: you could get upwards of 10kbtc margin on mpex, iirc. but that's a scam. amirite :D
copumpkin: tiberiusiv: it's logged on MP's blog somewhere, if you look far enough back
bgupta: I don't trade currencies so not for me.
copumpkin: tiberiusiv: you know that someone who disagrees with you isn't automatically poor or stupid
MJR_III: copumpkin: he doesn't know that
copumpkin: people can just disagree without it devolving into elementary school playground
copumpkin: you've said I'm poor because I disagree with you
bgupta: tiber is now on my ignore list.
MJR_III: the main problem with tiberiusiv is that he doesn't just shut up and short bitcoins, if he is so bearish...then put your money where your mouth is and go short
MJR_III: i hope everyone ignores him eventually
bgupta: I mean literally I can't see what he is typing.
MJR_III: mostly just because i have no interest in listening to his idiocy, but i still have to see the other half of the convo
copumpkin: the most annoying thing about /ignore is that people keep talking about how they can't see what someone is typing :P
MJR_III: but it makes for strange half convos
copumpkin: MJR_III: he's ignored you. Your messages don't get through to him (if you haven't used IRC much before)
MJR_III: where you are like "huh? what are you guys talking about"
MJR_III: copumpkin: where you telling tiberiusiv?
smickles: bitfinx is pretty new, that may have to do with their size
MJR_III: yeah not huge...but they pass through to gox
copumpkin: tiberiusiv: I haven't really seen particular evidence of that, and he's not extrapolating unnecessarily, which are doing
bgupta: gonna check it out is it only btc/fiat plays or do they have other stuff there?
copumpkin: tiberiusiv: of him being a child or particularly stupid
MJR_III: i prefer to get margin to go long
copumpkin: tiberiusiv: do you accept that there might be explanations other than high interest rates for that?
MJR_III: high interest, but if you use it for daytrading its manageable
copumpkin: tiberiusiv: or when the borrower is a thief? :)
MJR_III: you basically have a btc wallet and a dollars wallet
copumpkin: tiberiusiv: so everyone's good and the evil lenders force them to steal the money?
copumpkin: by imposing rates that are too high
MJR_III: if you want to buy and sell bitcoins (withdraw etc) you can use the exchange portion...if you want to trade on margin, there is that portion
MJR_III: and if you would rather just lend out dollars or bitcoins...you can do that too
copumpkin: do I sense a religious undertone to that judgment?
smickles: hmmm, i don't think any of the loans i've made > 100btc in value have defaulted
copumpkin: opinions are like assholes, they say
MJR_III: copumpkin: you are making me think of unignoring him...but i have to be like ulysses and ignore the siren song of trolling
bgupta: what exchage do the trades get settled?
copumpkin: tiberiusiv: you seem intent on preaching a lot and listening very little
bgupta: Guessing MtGox? needs to kinda be mtgox to impact the market no?
MJR_III: bgupta: you can basically go to gox or bfx
copumpkin: tiberiusiv: I'll let you do that without unnecessary distractions of people trying to talk to you
MJR_III: but, you can also go to bitfinex's own book
MJR_III: which is a lot cheaper from a fee perspective
smickles: bgupta: actually, this recent fun was started by a 700 btc sale on btce
smickles: took 5 min or so for the traders on gox to even start to react
copumpkin: tiberiusiv: I know the default rates are high
gribble: Time since last block: 17 minutes and 0 seconds
bgupta: sure… if you are a an oracle and know which way things will go and aren't trying to influence the market with your trades.
copumpkin: tiberiusiv: I suggest that you approach things a bit more open-mindedly in future though, and don't just write off anyone who disagrees with you as poor, young, stupid, or otherwise unworthy of talking
MJR_III: you can watch other markets to see where general sentiment is going
MJR_III: if you could move money instantly, you could arb bitfloor and btc-e all day
MJR_III: the good part of selling on bitfloor is that you can get a liquidity rebate
copumpkin: MJR_III: if you could move money instantly, there would be very little to arb in the first place
MJR_III: copumpkin: i meant if you singular could do that...not you as in everyone
copumpkin: tiberiusiv: credit regulations might apply?
MJR_III: for example if you had a relationship between those two exchanges...all arb would go away as they both equalize
copumpkin: I haven't looked into the regulations surrounding issuing credit for short selling
copumpkin: yes, but do you know that they havne't had to deal with that shit?
MJR_III: copumpkin: has he gotten onto the regulatory dead horse now?
gribble: Time since last block: 1 minute and 59 seconds
MJR_III: copumpkin: you didn't answer though, are you the iphone jailbreaker?
MJR_III: i wish cydia would take btc
copumpkin: tiberiusiv: how do you know they don't realize this?
copumpkin: maybe he'll be more amenable to it now
smickles: tiberiusiv: what do you think of the futures offerd by icbit?
MJR_III: but wasn't sure, but i've been a big fan of your work for a long time
MJR_III: well the whole devteam really
Chaang-Noi: since sell off to 75, what was that a 50,000 coin market order?
copumpkin: haven't done anything related to it in years though, really
MJR_III: but i definitely recognize that handle
copumpkin: I think last real iphone work I did was 2009/10?
MJR_III: i jailbroke the first iphone on 1.0x
gribble: There are currently 9039.4257 bitcoins offered at or under 95.0 USD, worth 849457.810281 USD in total. | Data vintage: 236.5691 seconds
MJR_III: never did any dev stuff there
MJR_III: but we still had to worry about "bricking" and manually creating symlinks
copumpkin: Chaang-Noi: tell tiberiusiv how much money we lost!
smickles: Chaang-Noi: the ice melted around your champagne, didn't it?
copumpkin: tiberiusiv: see, Chaang-Noi is a goat, and he's epic baller
MJR_III: how long you been in btcland copumpkin?
copumpkin: MJR_III: couple of years now, on and off
MJR_III: yeah i started playing around with it back in 11...trying to do an fpga miner
MJR_III: but got distracted and didn't come back till this january
smickles: i may be poor, but i think i've gone into the next tax bracket
smickles: too much short term capital gains
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.1076 = 0.538 BTC [+]
copumpkin: smickles: omg you entered the 15% rate bracket?
MJR_III: smickles: you in US? will you declare it?
copumpkin: I disagreed with tiberiusiv so I'm clearly in the 10% bracket
MJR_III: that is how the tax code works
MJR_III: our wealth is determined by our level of agreement with tiberiusiv
smickles: MJR_III: well, i declared some last year, and i've already bought some things with it this yeear, so yeah, i think i'll declare it
MJR_III: smickles: this is US taxes right?
MJR_III: wonder how they will handle it up in canada
MJR_III: do they have capital gains and such? wonder if cavirtex will report
Bowjob: bitcoin will reach 100
Chaang-Noi: smickles yeah, a bit sad, what was the vol on that sale?
smickles: tiberiusiv: some is capital gains, some is income
copumpkin: it really makes a huge difference that those $1700 are taxed not at 33%, not at 39.6%, but at 35% exactly
copumpkin: tiberiusiv: (smickles is an accountant)
assbot: [MPEX] [S.DICE] 3000 @ 0.00389736 = 11.6921 BTC [-]
smickles: this'll be the first year i have to pay fed. income tax, unless i'm mistaken
KRS1: tiberiusiv: you don't seem like you know what you are talking about when you say majority of Americans don't pay income taxes.
KRS1: Many do not have a choice, it comes out of their paychecks.
smickles: i think a lot do, but they don't have to
KRS1: Thats right, for overpayments.
smickles: KRS1: tiberiusiv wouldn't count an interest free, manditory loan as a tax
KRS1: smickles, this im wasting my time aren't I
copumpkin: so even those that don't pay income tax pay payroll tax
MJR_III: KRS1: come join on us on the ignoring tiberiusiv side, its really great
KRS1: <- off to do something productive
MJR_III: smickles: even if you are poor...they still take it out and you have to file to get it back right?
smickles: oh, ya know, i have like 30k carry-over from my rental property. I'm not going to pay fed. income tax unless i do a lot better
MJR_III: the funniest thing, and this is a testament to the average americans intelligence regarding finance, is that people get excited when they get their own money back
copumpkin: tiberiusiv: "case in point" is the idiom
Chaang-Noi: anyone one know the volume on the sale to 75 off hand? thanks
gribble: There are currently 0 bitcoins offered at or under 75.0 USD, worth 0.0 USD in total. | Data vintage: 0.0019 seconds
Chaang-Noi: i mean the one last night, the huge harket sell order
smickles: Chaang-Noi: it started with a one-off 700 btc on btce
MJR_III: i literally don't even know why someone would do that
gribble: There are currently 43668.029 bitcoins demanded at or over 75.0 USD, worth 3431186.42875 USD in total. | Data vintage: 45.9326 seconds
smickles: Chaang-Noi: yeah, gox traders didn't even react for 5 min or so
MJR_III: copumpkin: do the iphone guys use freenode?
Chaang-Noi: last night i bet it was thicker than what it is now, that is a massive sell off
Diablo-D3: I wish BTC would get to $1000 already
MJR_III: Diablo-D3: yep...i can't wait
Diablo-D3: I just need enough money to start DMC
copumpkin: you sure you wouldn't prefer over 8000!?!?!?!?
smickles: the laptop i bought with btc at the begining of this week is named "btc9001"
MJR_III: i mostly think that it is necessary for the price to get to that level so we can start doing real institutional stuff
Diablo-D3: and its clear copumpkin is a fan of the source material
MJR_III: gonna be a huge space available for investment bank/underwriting, handling IPO's etc
Diablo-D3: MJR_III: yeah, but Im looking for over $200m.
copumpkin: tiberiusiv: what do you do when you're not arguing on IRC?
assbot: [HAVELOCK] [HIM] 1 @ 1.92 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 3 @ 0.00485 = 0.0146 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.3519 = 0.7038 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.005 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 49 @ 0.00506 = 0.2479 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 78 @ 0.005065 = 0.3951 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 79 @ 0.005075 = 0.4009 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 475 @ 0.00508 = 2.413 BTC [+]
MJR_III: smickles: it's kind of hard to do some financial analysis of sdice right now right? we don't have a full year of data...
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.849998 = 3.4 BTC [+]
MJR_III: would like to come up with a realistic valuation
copumpkin: did you guys know that there's a million-dollar-an-hour club?
copumpkin: (of high earners, to put it lightly)
smickles: MJR_III: i'm sure you could get a good idea from the data out there now. the main thing would be wether or not there will come some outside influence on their operations
copumpkin: but there are HF managers who have made that much on good years, if you assume 40-hour work weeks and the like
MJR_III: record for HF is 4 billion one year
MJR_III: for the hedge fund manager
copumpkin: MJR_III: I think paulson made 4.8 one year
MJR_III: but it is a common saying among those guys that they wouldn't roll out of bed for what lloyd blankfein makes
MJR_III: but the average hedge fund manager makes ONLY 375k
assbot: [HAVELOCK] [VTX] 4 @ 0.47 = 1.88 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.47 = 1.88 BTC [+]
MJR_III: i was reading an article about hedge fund guys, and that was the cautionary tale
MJR_III: i know you guys think you will get rich but be aware most people only make slightly under 400k a year
MJR_III: i'm like...oh in that case nevermind
assbot: [HAVELOCK] [VTX] 2 @ 0.478 = 0.956 BTC [+]
MJR_III: mircea_popescu: no it isn't
MJR_III: it was entertaining for a little while, but i am hoping that we can move past the tiberiusiv era
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849998 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.479 = 0.958 BTC [+]
MJR_III: his latest argument was that it is too expensive to short bitcoins because if they go up your interest rate is huge
copumpkin: MJR_III: and most people at HFs aren't the "managers" as people call them
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.849998 = 4.25 BTC [+]
MJR_III: copumpkin: my friend is a quant for one
MJR_III: most of the hedge funds are quite small
mircea_popescu: MJR_III he had me yesterday, when he was explaining that he can't short mpoe because he doesn;t own all the money in the world
MJR_III: couple qualitatives, couple quants...and a manager
copumpkin: mircea_popescu: he tried that on us too
mircea_popescu: but failed to understand how this undermines his argument as to mpoe being weak.
mircea_popescu: sorta like... you need all the money in the world to push over this here rotten reed.
MJR_III: i told him i couldn't borrow a quintillion dollars either
MJR_III: any new money created through debt does not create enough for the interest on the debt
MJR_III: and yet the world keeps on turning
mircea_popescu: bitcoin failed to cross 100, mpoe contracrt volume failed to cross 1/2 mn
MJR_III: what was the total volume mircea_popescu
smickles: MJR_III: he typically keeps a tight lip on that topic
assbot: [MPEX] [S.MPOE] 4600 @ 0.00066065 = 3.039 BTC [-]
smickles: Bugpowder, iirc, seems to think no dividend, mpbor boned
MJR_III: almost tripled my position
MJR_III: why did my trade not hit assbot?
copumpkin: I wonder how much is in my mpex account right now
copumpkin: mircea_popescu: what'd it start at again?
smickles: copumpkin: i have a gui interface to mpex now :)
copumpkin: so I've made decent money off of my investment
mircea_popescu: well actually 0.00009 1st block (1mn) then 2nd block 0.000025 or so
Namworld: [23:06] <mircea_popescu> yeh teh tradition is that no comment
Namworld: Otherwise it would impact derivates trading if people could know upfront
mircea_popescu: this is so disconnecty for me. on one hand there's this endless stream of "o, mpoe, scam, nobody uses it, wtfbbq"
mircea_popescu: on the other everyone seems to have shares, i'm like...
smickles: copumpkin: that link was for you
copumpkin: tiberiusiv: still made good money off of it
Namworld: forum people are angry of having to either pay fees to a broker or pay a high fee to trade directly on the exchange.
copumpkin: cause I'm too lazy to place an order through the system :P
Namworld: Or just angry at your personality/the other business you run
smickles: copumpkin: smickles.com/mpex-gui/
Namworld: or even MPOE-PR being a loudmouth
copumpkin: smickles: cute! still too lazy though :(
Namworld: Ah yes, many just don't like mircea.
MJR_III: what other business do you run mircea_popescu
copumpkin: people dislike mircea_popescu because his penis is too big
MJR_III: who gives a fuck how they feel...the exchange speaks for itself
copumpkin: tiberiusiv: did you go by another nick in the past?
copumpkin: who spoke about mircea_popescu in exactly the same terms
copumpkin: I can't remember what his nick was
copumpkin: tiberiusiv: "gypsy scum" is the truth?
smickles: i thought he just whipped the women
copumpkin: tiberiusiv: so are the admins of reddit also gypsy scum?
MJR_III: yeah, the whole bdsm article confused me a little
copumpkin: it must be great seeing everything in perfect black and white
smickles: 'internet people' and 'real capital'
MJR_III: i think "simple" sums him up perfectly
assbot: [HAVELOCK] [SDICE] 1 @ 0.40999998 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.40999998 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.40999999 = 0.82 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41099999 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.41099999 = 2.055 BTC [+]
MJR_III: the + means they took the ask right?
assbot: [BTCTC] [S.DICE-PT] 77 @ 0.00508 = 0.3912 BTC [+]
copumpkin: tiberiusiv: why are you actively set against him, instead of just neutral, then?
assbot: [BTCTC] [S.DICE-PT] 98 @ 0.0055 = 0.539 BTC [+]
MJR_III: tiberiusiv is like atheists who devote all of their time to arguing about things they don't believe in
copumpkin: tiberiusiv: how do you know he's a fraudster?
smickles: MJR_III: the + means it was traded higher than the last time, not a statement on who was the liquidity taker
MJR_III: agnostics just go on about their business...to be honest most religious people spend less time talking about religion than most atheists on reddit at least
copumpkin: tiberiusiv: he publishes reports monthly, doesn't he?
copumpkin: have you verified mtgox's reports?
assbot: [HAVELOCK] [HIM] 1 @ 1.92 BTC [+]
MJR_III: copumpkin: no he is probably just poor/a kid
smickles: copumpkin: well, he would've been, (MT) but he started making too much money
copumpkin: tiberiusiv: but how about MagicalTux?
assbot: [HAVELOCK] [SDICE] 2 @ 0.445 = 0.89 BTC [+]
copumpkin: isn't that true of every merchant out there?
assbot: [HAVELOCK] [VTX] 2 @ 0.479 = 0.958 BTC [+]
copumpkin: he's in romania because he's romanian, I thought
copumpkin: although he did move there after being in the US
copumpkin: most people live in the place they're from, eventually
MJR_III: copumpkin: he will circle back to his first point again at some point and just repeat the cycle
copumpkin: $ grep "<tiberiusiv>" foo.txt | grep "?" | wc -l
copumpkin: $ grep "<tiberiusiv>" foo.txt | wc -l
copumpkin: my log of this channel from the past couple of hours
smickles: just the past couple of hours?
MJR_III: negraneu reminds me of edward norton so i always think of rounders when i see him play
smickles: we must have different greps, that same command gets me 2 and 12
copumpkin: different greps have different syntax
smickles: i don't see what i'm doing wrong with mine D:
smickles: there are different greps, actually :P
copumpkin: they put tastebuds in rectums (recta?) now?
smickles: my log does it like < tiberiusiv>
smickles: copumpkin: i have 1998 vs 20974
copumpkin: smickles: perhaps he's usually more inquisitive than he was tonight
copumpkin: it'd be interesting to run a sliding window average over it
Chaang-Noi: how is that sell off last night going to lower the 24 hour average for all these calls?
copumpkin: and plot the topic of conversation
copumpkin: mircea_popescu: never knew they were spelled that way
Chaang-Noi: that sell off might not have had volume
mircea_popescu: but srsly, i'm looking forward to fresh onion flavoured
Chaang-Noi: you like onions when you go down on a guy? lol are we still talking about flavoured comdoms?
smickles: sour apple should improve performance
Chaang-Noi: i never understood why one would even wont to have a condom on while getting a bj
mircea_popescu: Chaang-Noi some people don't have ALL the venereal disease there is yet.
smickles: i saw some that had some kind of coating, the box said 'for external use only'. wtf is that?
copumpkin: some people put nails through their cocks
copumpkin: tiberiusiv: now you're just trolling; go away
Chaang-Noi: copumpkin just now? lol this troll has been around a while:)
copumpkin: tiberiusiv: please tell me what you have deduced about me
smickles: although i've never been to romainia, tiberiusiv, you're starting to come off more like a bigot as time goes on
Chaang-Noi: smickles the only thin tiberslav said was good about mp was when he burnt the koran
smickles: mircea_popescu: you mised the part when tiberiusiv called copumpkin poor for disagreeing with him
copumpkin: I think we all need report cards, written up by tiberiusiv
smickles: tiberiusiv: actually, i've been to the lower 48, most of norther mexico and most of souther canada
copumpkin: enumerating the things he's deduced about us based on our extensive interactions
mircea_popescu: when finance reared its ugly head copumpkin poorly wrote a check and fled...
smickles: i had to backtrack and go to rhode island, so fucking small i missed it the first time around
copumpkin: but I did propose you asking as a solution to your problem
copumpkin: tiberiusiv: how many are you actually looking for, out of curiosity?
copumpkin: tiberiusiv: I am rich, filled to the brim with mircea_popescu's love
smickles: I almost went to japan once, but decided to go to gencon instead
smickles: tiberiusiv: that is about the extent of my travels, although i'd consider american and canadan indians a seperate culture
mircea_popescu: "She didn't have large breasts, but they were by no means small either."
mircea_popescu: pretty much the only characterisation ever made is "big"
smickles: a canadan tribe almost imprisoned me for going up the wrong creek once
copumpkin: tiberiusiv: anyway, I'm curious what you think about me
copumpkin: tiberiusiv: can you give me any more information?
copumpkin: [23:44:47] <tiberiusiv> copumpkin offered to lend his vast holdings of BTC for short selling
copumpkin: [23:42:54] <tiberiusiv> wouldnt expect any less of a response from an mpex shareholder
copumpkin: based on those comments and others
smickles: tiberiusiv: that's not really my criteria for bigotry, and i don't really favor american political correctness, so far as i can tell
copumpkin: I've gotten into big fights with him before
copumpkin: but I don't think he's dishonest and he's smart
gribble: There are currently 9528.5939 bitcoins offered at or under 95.0 USD, worth 896329.793098 USD in total. | Data vintage: 0.0020 seconds
gribble: There are currently 26042.659 bitcoins offered at or under 100.0 USD, worth 2515384.40478 USD in total. | Data vintage: 10.7147 seconds
assbot: [HAVELOCK] [VTX] 4 @ 0.475 = 1.9 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.479 = 1.437 BTC [+]
smickles: copumpkin: that one on rg's site?
copumpkin: I guess you aren't as much of a creep as you sounded
copumpkin: apparently I look like a "faggot" in that picture
smickles: ya know, mad7 was my first, .. so far as btc trades go
smickles: i wonder what mad7scientist's opinion of my photo on there is
assbot: [MPEX] [S.DICE] 1500 @ 0.00419992 = 6.2999 BTC [+]
assbot: [MPEX] [S.DICE] 5450 @ 0.00419993 = 22.8896 BTC [+]
gribble: jurov was last seen in #bitcoin-assets 4 hours, 9 minutes, and 21 seconds ago: <jurov> so armory seems to account for that?
smickles: tiberiusiv: too many bots in this chan, right?
smickles: oh, that must be what sarcasm is
smickles: took me a minute to realize it
Namworld: hmm... RG used to ahve a photobook aight...
assbot: [BTCTC] [S.DICE-PT] 72 @ 0.0045 = 0.324 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 19 @ 0.0045 = 0.0855 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 32 @ 0.00442 = 0.1414 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 51 @ 0.00442 = 0.2254 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.0044 BTC [-]
MJR_III: you know...mt gox is kinda too big to fail
ThickAsThieves: did i miss anything other than rebounding to 90 and half of a bunch of shitty conversations with tiberius?
MJR_III: ThickAsThieves: pretty much summed up tonight
MJR_III: i couldn't see any of the pictures
smickles: MJR_III: i don't think they're too ig to fail
copumpkin: mircea_popescu: well, your idea of a fight tends to be /ignore
copumpkin: or my perception of you being in a fight with me
smickles: points raised, evidence presented
ThickAsThieves: I ran numbers on my btc portfolio today, it's officially worth 1.5x my yearly salary at my day job.
KRS1: thickasthieves: thats tight
copumpkin: mircea_popescu: hah, my job tries hard to make me unnice!
smickles: that's gotta be a hard job tho
KRS1: not even at the hight of my btc balance did i have enough to hit my yearly salary @$90/btc
ThickAsThieves: <mircea_popescu> you're lucky you have a dayjob <---this flew over my head
KRS1: but then again i had a small gpu farm..met the author of Bamt that was kind of cool
MJR_III: i am looking into quitting my job now
mircea_popescu: ThickAsThieves just general kvetch. "in this economy, you're lucky to have a pickle"
MJR_III: hopefully find something in the bitcoin space
KRS1: have u guys ever heard of BAMT?
ThickAsThieves: i thought you were implying that 1.5x is not good enough, and to stick to it
smickles: i'm not going to stop until i have an estate, some serfs, and a scribe
KRS1: Wouldn't you want minion?
KRS1: Or maybe even some sharks with freaking lasers?
mircea_popescu: inb4 smickles' revised list : " an estate, some serfs, a scribe and an extensive collection of skulls taken from people who discussed my spelling"
smickles: as a future member of the imprisoned aristocracy, i say good day sir
MJR_III: when do the new options hit mpex?
MJR_III: its the 29th here in nyc...
MJR_III: so wouldn't that have been 4 hours ago?
copumpkin: what's wrong with smickles's spelling?
smickles: copumpkin: i do tend to spell somethings incorectly frome time to time.
assbot: [BTCTC] [RSM] 1 @ 0.00382 BTC [+]
MJR_III: ah i thought it was midnight of the 29th
smickles: MJR_III: um, well, 23:59:59 on the 29th
assbot: [BTCTC] [RSM] 1 @ 0.00382 BTC [+]
assbot: [BTCTC] [RSM] 49 @ 0.00383 = 0.1877 BTC [+]
smickles: that's when the Ts expire, the Ns switch over, and new Ns appear
smickles: practically, yes, technically no
smickles: there are actually something like 3 UTCs
MJR_III: has anyone seen or read cosmopolis?
smickles: ut0, ut1, ut1r, ut2, ut2r, utc. utc is practically ut1, but the difference is called dut1
assbot: [MPEX] [S.MPOE] 22800 @ 0.00065791 = 15.0003 BTC [-]
assbot: [MPEX] [S.MPOE] 1600 @ 0.00065362 = 1.0458 BTC [-]
MJR_III: are these technical differences?
MJR_III: hold on, i'm off to wikipedia
smickles: MJR_III: "UT1R is a smoothed version of UT1, filtering out periodic variations due to tides. It includes 62 smoothing terms, with periods ranging from 5.6 days to 18.6 years."
smickles: you can look forward to stuff like that
assbot: [HAVELOCK] [HIM] 1 @ 1.9199 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.92 BTC [+]
assbot: [MPEX] [S.MPOE] 10050 @ 0.00065985 = 6.6315 BTC [+]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00066065 = 1.2552 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.479 = 0.958 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00066265 = 3.3133 BTC [+]
splnkr_: ThickAsThieves: u mean electricity consumption isn't what they'd like, or hashrate isn't what they'd like?
splnkr_: oh so maybe it's like a firmware update they're gonna have to send out or something
ThickAsThieves: cant figure out when they are saying theyll ship these
splnkr_: wow, sooooo fun reading the news in the form of reverse chronological tweets
splnkr_: good update tho thx ThickAsThieves
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84998 BTC [-]
arij: so hashing speed is on target
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067064 = 3.3532 BTC [+]
assbot: [MPEX] [S.MPOE] 31200 @ 0.00067065 = 20.9243 BTC [+]
ThickAsThieves: "The power is still far less than any other unit, so it's not like it's something crazy or anything, but it's not 1w/GH "
arij: We will ship the purchased hashrate regardless of what it ends up costing us.
arij: ie. ship two singles that do 30gh each
arij: i guess they will have to underclock the chips or something so power isnt to much for the board to handle
arij: i think im order number 2017..
arij: bfl says worstcase is 195w
ThickAsThieves: and BFL was claiming they were gonna get 60Ghs on 60w?!
arij: im cool with it, i just want my unit
ThickAsThieves: he claims they can do 400 units per day once they start
arij: how many singles in a minirig?
arij: im within the first 1000
arij: im pretty sure orders started at 1600
Namworld: Thick: BFL has a much smaller nm chips than Avalon/Asicminer I believe
Namworld: which comes with highly reduced power usage per hashing
arij: not on the first run anyways
arij: possibly in the future
arij: i would expect some compensation though.. if everyone else gets 60w units and i get sent a 195w unit because i ordered early :/
arij: those btc i spent though...
arij: like i said earlier im cool with it all, ill be happy just to get my asic soon
arij: some one did it on the forums.. not sure where that post is though
arij: and im sure some of those orders in between are expired
Chaang-Noi: oh so you mightn ot get in the first batch then
ThickAsThieves: so maybe say 6800 untis shipped in april, which we'll shave it down to 5000 to subract for BFL derpness
Chaang-Noi: TAT that is not how my maths worked out :/
Chaang-Noi: you know they only have 500 chips right?
ThickAsThieves: i assume more wafers have been bumped by next week no?
Chaang-Noi: well maybe they can, but they will run out of chips before long
Chaang-Noi: they dont have the 5000 now, that was the order size
Chaang-Noi: yeah, im not sure when they will get them, but they only ahve 5k now
ThickAsThieves: why are these fucking companies so horrible at communications
arij: wait they have 500 chips on hand or 5000 chips
assbot: [MPEX] [S.MPOE] 21150 @ 0.00067065 = 14.1842 BTC [+]
Chaang-Noi: 5k chips in the first batch is what i thought
Chaang-Noi: and 1 chip is like 3 ghs or someting small
arij: im in that first batch :D
Chaang-Noi: it takes like 20 chips to make the 60 ghs thing
Chaang-Noi: i kinda expect only under #2000 to get filled, if that
Chaang-Noi: i only expect 250 orders to get filled
arij: 250 orders=250 singles?
Chaang-Noi: 250 is an average of 20 chips per order
Chaang-Noi: iknow a guy who ordered 4 of the big ass ones in the first 100 orders
arij: well there is that 1/3 thing to
arij: whats inthe first batch
Chaang-Noi: that might be true, but first batch is 5k
Chaang-Noi: i might be wrong but i understood it to be 5k in the first batch
Chaang-Noi: should have been 6k but they derped and made it 5k
Chaang-Noi: andi heard the bfl staff is taking 105 of first batch to mine with, dont have a cource
arij: way to crush my dreams
arij: each wafer= how many chips?
arij: ill be in the first batch
taub: oh, and back at 92 we are
arij: they cant keep going
taub: well almost it snapped back to 92 after the big downmove
ThickAsThieves: this is when the buying started again the past few days
Chaang-Noi: gave my wife 370 btc today, will be fun to see how she does with them
assbot: [MPEX] [S.MPOE] 6150 @ 0.00067065 = 4.1245 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.849979 = 8.4998 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067858 = 3.3929 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.13479 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.849979 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]
assbot: [BTCTC] [BTC-BOND] 41 @ 0.009994 = 0.4098 BTC [+]
arij: where can you get 46gh for $10
Chaang-Noi: yeah... but $10,000 for in hand 64 gh/s now ... hmmm
Chaang-Noi: my minds is all over the place, doingto much at one time
Chaang-Noi: at current difficulty i would break even at 1 month
Chaang-Noi: at 10x that difficutly it would take 10 months
arij: in hand.. like right now?
arij: its either 30gh/s or 60gh/s then
Chaang-Noi: they have like the 15th order and its a big one
arij: it could work.. kind of risky imo
arij: the diff is going to go up fast i think
Chaang-Noi: think the average will be up 1000% or less in the next 10 months?
Chaang-Noi: yeah, im going to buy but im not going all in :)
arij: maybe i can get in on it?.. can you make it happen ;)
Chaang-Noi: im buying the olny slot for sale, sorry man
Chaang-Noi: its an old guy who needs cash now so has to sell it
Chaang-Noi: not old, i mean one of the first guys who ordered like a year ago
gribble: BTCUSD ticker | Best bid: 90.96000, Best ask: 91.50000, Bid-ask spread: 0.54000, Last trade: 90.96000, 24 hour volume: 158643.07292808, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.24783
Chaang-Noi: toffoo where are they traded if not butfunder?
toffoo: not traded at the moment, like gigavps .. old GLBSE holdover
toffoo: looking to get long hash bonds right before the difficulty spike?!?
Chaang-Noi: thanks for reminding me before i did something stupid
Chaang-Noi: but even so, at the right price, its good
Chaang-Noi: bought my wife a nice blue saphire ring cuz btc went ovber the 1 billion mark yesterday:)
assbot: [MPEX] [S.MPOE] 4050 @ 0.00067858 = 2.7482 BTC [+]
assbot: [MPEX] [S.MPOE] 18600 @ 0.00066551 = 12.3785 BTC [-]
assbot: [MPEX] [S.MPOE] 10089 @ 0.00066265 = 6.6855 BTC [-]
assbot: [MPEX] [S.DICE] 1373 @ 0.00375993 = 5.1624 BTC [-]
mircea_popescu: Any money held for you in an account with Santander UK plc will be held in its capacity as a bank and not as a trustee. In accordance with FSA requirements we areobliged to notify you that the client money rules on money do notapply to a Banking Consolidation Directive (BCD) in relation to deposits within the meaning of the BCD held by that institution. As a result, the money will not be held within the client money r
assbot: [BTCTC] [GSDPT] 16 @ 0.004 = 0.064 BTC [-]
Namworld: ok... this whole thing is getting ridiculous...
ThickAsThieves: a little over my head, out of my country, but are they simply saying "fyi, your money ain't really safe"
ThickAsThieves: i thought it was a neat idea, but didnt really follow the details at all
mircea_popescu: i thought it was pretty much a sensible move, back then
ThickAsThieves: what would happen if bitcoin really became a MAJOR safe haven for money in a short time, and then somehow, all bitcoins disappeared and/or the blockchain became irreparablely corrupted? I guess fiat would skyrocket in value?
mircea_popescu: see, thing is : bitcoin's value was pretty huge compared to fiat (all fiat together)
mircea_popescu: consequently, as fiat's shortcomings become apparent bitcoin's *price* skyrockets.
mircea_popescu: conversely, fiat has absolutely no value. consequently, as bitcoin's shortcomings bercome apparent there's nothing pushing the price up.
mircea_popescu: obviously if you stick to valuing things in bitcoin they'll increase apparently, but only because bitcoin itself is going down
ThickAsThieves: and if bitcoin disappeared and zapped billions in $ away?
mircea_popescu: people like me, who are currently productively employed, would jsut go fuck this and retire to private life
mircea_popescu: on the net this'll make for some sexually satisfied women and a general slowdown of economic activity.
mircea_popescu: it's like the chickens on the conveyor belt telling the chickens attempting to escape that "they can't"
mircea_popescu: and then going nya nya. dude... you're STILL on the conveyor belt
ThickAsThieves: it's an interesting notion if you think of bitcoin as an ultimate anarchistic plot to reset the economy
mircea_popescu: i mean... this makes for good action flicks, because a rule of storytelling is to concentrate attention
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1074 BTC [-]
ThickAsThieves: people do love the fantasy of living in post-apocalyptic situations
mircea_popescu: if they indeed wanted to do it tho, they'd have went to haiti after the quake
Namworld: Well after a month of good trades, it's time for me to go. I'll be retiring for the weekend to visit family as well as friends.
mircea_popescu: look at people like tiberiusiv, ranting about how bad the world is. there's about one million towns on the globe nobody's heard of
mircea_popescu: i met a few when i was doing that myself, so it's certainly not "nobody"
assbot: [MPEX] [S.MPOE] 1163 @ 0.00067486 = 0.7849 BTC [-]
assbot: [MPEX] [S.MPOE] 28814 @ 0.00066629 = 19.1985 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.848 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00411 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.0041 = 0.082 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 84 @ 0.00405 = 0.3402 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.004 = 0.1 BTC [-]
jurov: Chaang-Noi: wat? you expect second round?
assbot: [MPEX] [S.MPOE] 8100 @ 0.00067582 = 5.4741 BTC [+]
gribble: BTCUSD ticker | Best bid: 88.97000, Best ask: 89.00000, Bid-ask spread: 0.03000, Last trade: 89.00000, 24 hour volume: 150244.81237909, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.73526
assbot: [MPEX] [S.MPOE] 7383 @ 0.00066629 = 4.9192 BTC [-]
Chaang-Noi: jurov i think some day traders are getting out of it for the long weekend
Chaang-Noi: i kinda expect next tuesday to smash the 100 assuming we dont massivly correct before then
gribble: Current Blocks: 228588 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1235 blocks | Next Difficulty In About: 6 days, 19 hours, 45 minutes, and 24 seconds | Next Difficulty Estimate: 7174798.69072 | Estimated Percent Change: 7.1533
mircea_popescu: so basically you expect it to go up unless it goes down ?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.847 BTC [-]
jurov: it also depends how many unexercised mpoe calls are there..having potential to flood market with cash
jurov: haha now i seriously consider to pay deprived to make me such analysis
Chaang-Noi: mp i kind think it will go up after it goes down, as long as the down is not too far down
jurov: oh noes, tibby. getting afk to prevent another wasted afternoon xD
assbot: [MPEX] [S.MPOE] 3900 @ 0.00067582 = 2.6357 BTC [+]
mircea_popescu: truth of the matter is nobody has a fucking clue where we're headed.
Chaang-Noi: yeah, i said i was guessing, just what my gut tells me what will happen :/
Chaang-Noi: it is more often than not correct (assuming im not trading)
gribble: BTCUSD ticker | Best bid: 88.81000, Best ask: 89.70000, Bid-ask spread: 0.89000, Last trade: 89.80000, 24 hour volume: 154276.06858765, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.73206
assbot: [MPEX:S.MPOE] 1D: 0.0006 / 0.00065732 / 0.00068166 (466403 shares, 306.58 BTC), 7D: 0.0006 / 0.00066258 / 0.00071369 (2014556 shares, 1,334.81 BTC), 30D: 0.0006 / 0.00073358 / 0.00078628 (17129444 shares, 12,565.98 BTC)
assbot: [MPEX] [S.MPOE] 6550 @ 0.00067705 = 4.4347 BTC [+]
assbot: [MPEX] [S.MPOE] 16299 @ 0.00066629 = 10.8599 BTC [-]
assbot: [MPEX] [S.MPOE] 5300 @ 0.00066291 = 3.5134 BTC [-]
assbot: [MPEX] [S.MPOE] 5370 @ 0.00066265 = 3.5584 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.0075 BTC [+]
gribble: BTCUSD ticker | Best bid: 88.90001, Best ask: 88.91605, Bid-ask spread: 0.01604, Last trade: 88.90001, 24 hour volume: 154552.79615475, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.73328
assbot: [HAVELOCK:HIM] 1D: 1.80000000 / 1.88799 / 1.92000000 (10 shares, 18.87990000 BTC), 7D: 1.41000000 / 1.72409607 / 2.00000000 (178 shares, 306.88910091 BTC), 30D: 1.40000000 / 1.86591584 / 17.25000000 (704 shares, 1313.60475269 BTC)
gribble: smickles was last seen in #bitcoin-assets 9 hours, 36 minutes, and 14 seconds ago: <smickles> you can look forward to stuff like that
assbot: [HAVELOCK] [SDICE] 10 @ 0.4599999 = 4.6 BTC [-]
assbot: [MPEX] [S.DICE] 4098 @ 0.00419993 = 17.2113 BTC [+]
assbot: [MPEX] [S.DICE] 1202 @ 0.00419995 = 5.0483 BTC [+]
mircea_popescu: i guess it's difficult to figure out what's important as a journalist.
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8 = 8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.795 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 14 @ 0.19997 = 2.7996 BTC [+]
jcpham: just say no to rape mircea_popescu
assbot: [BTCTC] [CRYPTO-TRADE] 50 @ 0.2 = 10 BTC [+]
Chaang-Noi: nachos not hot enough, beer not cold enough.. grr
mircea_popescu: this is like, romania's #1 (and pretty much only) rap band
mircea_popescu: in other words, i recall them since they were wee famished tykes.
gribble: BTCUSD ticker | Best bid: 89.70000, Best ask: 90.20000, Bid-ask spread: 0.50000, Last trade: 89.70000, 24 hour volume: 155011.66271357, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.70834
assbot: [MPEX] [S.MPOE] 18939 @ 0.00068158 = 12.9084 BTC [+]
jcpham: i knew mircea_popescu had a gangster phase
assbot: Last trade for VTX on HAVELOCK was at 0.479 BTC [+]
assbot: Last trade for S.DICE on MPEX was at 0.00419995 BTC [+]
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid (1 more message)
assbot: [HAVELOCK] [SDICE] 10 @ 0.459999 = 4.6 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.00375993 / 0.00408901 / 0.00419995 (19973 shares, 81.67 BTC), 7D: 0.0031 / 0.00338263 / 0.0045 (663485 shares, 2,244.33 BTC), 30D: 0.00300001 / 0.00454143 / 0.0063799 (1701047 shares, 7,725.20 BTC)
gribble: BTCUSD ticker | Best bid: 88.02000, Best ask: 88.89000, Bid-ask spread: 0.87000, Last trade: 88.00800, 24 hour volume: 156726.97399353, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.66077
ThickAsThieves: it's like something out of cartoon, fat spoiled boy leader wants to fight
OneMiner: I don't think it's going to happen. It's just too stupid for reality.
OneMiner: But even the, it's not stupidity we are talking about. That would fall under madness.
assbot: [HAVELOCK] [SDICE] 2 @ 0.465 = 0.93 BTC [+]
ThickAsThieves: ignorance, inexperience, bravado, what have you, the boy will seek a spanking
assbot: [BTCTC] [BTC-TRADING-PT] 9 @ 0.09055 = 0.815 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.09 BTC [-]
OneMiner: It could be a good fight if it happened. That ruling family seems to be worse than all that BS in Iraq.
gribble: BTCUSD ticker | Best bid: 88.20001, Best ask: 88.60228, Bid-ask spread: 0.40227, Last trade: 88.60228, 24 hour volume: 156712.79134942, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.64491
assbot: [MPEX:S.MPOE] 1D: 0.0006 / 0.00065885 / 0.00068166 (518861 shares, 341.85 BTC), 7D: 0.0006 / 0.00066283 / 0.00071369 (2067014 shares, 1,370.08 BTC), 30D: 0.0006 / 0.0007334 / 0.00078628 (17181902 shares, 12,601.26 BTC)
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.78 = 2.34 BTC [-]
Diablo-D3: no, falklands really is too stupid for reality
OneMiner: That was a supprise attack. They thought they had time. They could have walked back or negotiated. But Brittish attack craft had longer range than they thought.
mircea_popescu: the brits nearly got sunk as a 1st world military power, are you kidding me ?
OneMiner: Everybody knows that the US will bomb the poop out of just about anybody. Also the US is allied with like, half the world.
Chaang-Noi: i guess maybe by european standards :/
Diablo-D3: did he just say england is a first world country?
Diablo-D3: that aint no dare first world country
OneMiner: The Germans do *everything* better. j/k
gribble: Next difficulty estimate | 7232519.52401 based on data since last change | 7654236.09946 based on data for last three days
OneMiner: Diablo-D3 drinks only distilled water, or rainwater, and only pure-grain alcohol.
mircea_popescu: bfl's "your good friend tom with blood sweat and tears" moment ?
OneMiner: That looks like it's up for me.
assbot: [BTCTC] [BASIC-MINING] 5 @ 0.369999 = 1.85 BTC [-]
mircea_popescu: "If you'd rather have your units shipped regardless of increased power usage, we will still guarantee your hashrate by shipping you however many units are required to achieve your purchased hashrate."
OneMiner: Ya, sounds like their chips are crap compared to their claims.
mircea_popescu: now they have to throtle units... and yet they can still deliver the same hash ?
mircea_popescu: you order 100 cows from me. i discover the cows i have only carry one teat
mircea_popescu: but i tell you if you want 400 teats with your 100 cows i'll send you 400 cows
OneMiner: No, they are saying that they get worse H/j now and you can wait for the claimed H/j revised unit.
mircea_popescu: OneMiner but they ALSO say that if you want delivery now they will deliver your hash
OneMiner: At a higher power consumption per hash. Yes, that's how I read it too.
Diablo-D3: sell intentionally throttled units
Diablo-D3: and then keep selling the same units over and over
Diablo-D3: just changing the firmware out with one that clocks it higher
gwillen: mircea_popescu: I don't understand your question
gwillen: mircea_popescu: they are manufacturing them
bugpowderr: They reduce the number of chips per unit
gwillen: mircea_popescu: they didn't like, manufacture 1000 and then stop
gwillen: mircea_popescu: they will be forced to manufacture more units than they thought
OneMiner: It's not a money maker. They send more units to fill one order. They screwed up the chips or the board.
mircea_popescu: if we go with the theory that they're not just halucianting the entire episode.
bugpowderr: I imagine the chips are the limiting factor
gwillen: mircea_popescu: they do not currently have anywhere near the number of chips required to fulfill all preorders
gwillen: mircea_popescu: they are still making more
gwillen: mircea_popescu: this just means they will fulfill fewer than we thought
Chaang-Noi: even though i now have bought a bfl 60 ghs i think this mess is lulz
gwillen: mircea_popescu: errr, with the fucktons and fucktons of preorder money?
mircea_popescu: either i'm the only one with a calculator on my os or else wtf is going on here.
OneMiner: mircea_popescu People sent them (and are still sending them) bajillions of bitcoins. If they kept any that's where the money comes from.
gwillen: mircea_popescu: I don't know what you're calculating from
Chaang-Noi: getting one of the first shipped, even at 40 ghs will still be hella good
mircea_popescu: OneMiner my intel says people sent them a lot of btc back when, and that people have not been sending more
gwillen: mircea_popescu: unless you have inside knowledge about BFL's costs that you should share with the rest of us
mircea_popescu: and moreover that people have on the net been cancelling
gribble: BTCUSD ticker | Best bid: 88.70001, Best ask: 88.97000, Bid-ask spread: 0.26999, Last trade: 88.99000, 24 hour volume: 156606.63389529, 24 hour low: 75.00111, 24 hour high: 94.75000, 24 hour vwap: 86.60949
mircea_popescu: from whatever i can foggily remember about managing ops, if you start a project to do X and you do X/2
OneMiner: mircea_popescu Hence their scramble I guess. But they made the chips one way or the other so the large initial expense is done with. It will likely cost them less to produce a revised board.
gwillen: mircea_popescu: ok, show us your math that says they already spent all the money, then
mircea_popescu: you can't just go "we're doing X item with Y resources"
mircea_popescu: gwillen more importantly than the money, they will have to get people to pre-order 2nd batch units
mircea_popescu: much like everyone else i guess, but anyway, still pretty fucking fraudulent.
assbot: [HAVELOCK] [HIM] 4 @ 1.81 = 7.24 BTC [-]
mircea_popescu: get people to put up equity (which you call pre-orders) to deliver benefits to ppl who put up equity earlier
gwillen: mircea_popescu: as far as I know they are not dividing anything into batches, they are just taking preorders continuously
mircea_popescu: gwillen this isn't about bfl fantasy-labeling of real world items
gwillen: well, they were talking about an order of like 6 wafers
gwillen: which is nowhere near enough for all the preorders that existed even at the time they said it
gwillen: so clearly there are going to be more
gwillen: fuck if I know how many more they ordered
assbot: [HAVELOCK] [HIM] 3 @ 1.8 = 5.4 BTC [-]
assbot: [HAVELOCK] [HIM] 4 @ 1.8 = 7.2 BTC [-]
mircea_popescu: and of the 5 they're not really getting 100%, and the chips dont work to spec.
mircea_popescu: i can't see a future where they dig themselves out of the hole.
bugpowderr: they tried to assemble the plane from parts after they jumped off the cliff
mircea_popescu: bugpowderr ya but it was a plastic model and they had no glue.
mircea_popescu: i have been using various items on my desk to crack them
mircea_popescu: people keep wandering in concerned to see wtf am i thrashing into the ground
bugpowderr: I am just going to sit tight for a while
assbot: [BTCTC] [B.YABMC] 1 @ 0.00701 BTC [-]
bugpowderr: Let those coins season till the next great opportunity comes
bugpowderr: shorting BFL would be wonderful though
OneMiner: The truth of the matter is they ether didn't know what they were talking about or were lying about their time table and now it turns out that the same goes for their chip and board production. They are EITHER (choose one) lying or incompetent.
mircea_popescu: OneMiner im totally seeing a replay of tom's basic here tbh.
OneMiner: Tom's basic? Is Tom the guy that was doing bASIC?
bugpowderr: thank god their are other semi-competent manufacturers. I think bitcoin won't actually be much affected by it
mircea_popescu: bugpowderr i dunno about that. the only ppl to demonstrate asic hashing are both chinese
OneMiner: I see. Ok, I can agree with that then. It's lol if it wasn't so destructive.
mircea_popescu: the only people to demonstrate fuckuppery of incredible level are both american
pgp: dumb question, but with the recent explosion in the network hash rate doesn't being forced to wait for bfl's product make it less valuable by the time you actually recieve it? Or does the rise of USD/BTC from the time of preorder to delivery make up for that? or is it a wash?
bugpowderr: there is a reason APPLE is assembled in china
mircea_popescu: (the german folks recently, the primeasic earlier etc)
bugpowderr: exchange rate could rise in the future
OneMiner: pgp You're on the right track but it's up to you to decide.
bugpowderr: you will never make up for the missing coins from the lost opportunity
pgp: are the allowing people to cancel and are they returning BTC?
mircea_popescu: pgp btc equiv of the fiat value of the btc sent at the time it was sent
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.8 = 4.8 BTC [+]
mircea_popescu: in fairness there's plenty of good reason for that, as in, they're supposedly paying ppl in fiat.
gwillen: pgp: if you bought with dollars you weren't otherwise going to use to buy BTC, I think you get pretty much a wash
gwillen: pgp: if you bought with BTC or with dollars you would have put into BTC, I think you lose
gwillen: because the increase in price does not correspond to an increase in USD output, because there's a corresponding increase in difficulty.
bugpowderr: I don't think the puts I bought yesterday are going to make up the difference :)
pgp: any decent resources on the web that discusses GH/s NPV (net present value) and associated variables?
bugpowderr: nice bounce in the price already though
OneMiner: Anybody selling a small amount of ASICMINER?
bugpowderr: by general rule is buy S.MPOE whenever it touches .0006
gwillen: pgp: I'd be interested in seeing such an analysis if you found or made one
Chaang-Noi: im a goat, and im on a motherfucking boat!
mircea_popescu: yah what gwillen said. i gather you're competent enough, go make one pgp
bugpowderr: I think there is a website blog that does a pretty in depth analysis of the various miners
mircea_popescu: anyway, the guy made retarded, miner-biased assumptions
mircea_popescu: people gotta learn somehow that lipsticked pig is not useful
bugpowderr: too many knobs, lets pick a value we like
mircea_popescu: this should be taught in hs. "too many knobs ? always pick a value you can't stand"
assbot: [MPEX] [S.DICE] 2440 @ 0.00419995 = 10.2479 BTC [+]
ThickAsThieves: i think all the BFL theorizing is based on old numbers. People were saying in BFL shoutbox last night that there are many more than 6 wafers
ThickAsThieves: BFL is claiming they will fix the issue as they start shoipping
ThickAsThieves: so their loss in havbing to send more units to meet obligations,
ThickAsThieves: they claim the problem is not with the chips themselves
Chaang-Noi: what do you think the price of the first 60 ghs to ship would be? if sold on the market?
Chaang-Noi: i did not even know they had an exchange
OneMiner: It's possible they have finalized a small amount of their boards on order. So changes to future boards would be of minimal cost. Like higher quality VRMs or something.
mircea_popescu: O Mercado Bitcoin sofreu um ataque, que infelizmente foi bem sucedido, em sua implementação de redeem code. Devido à um erro de codificação, foi possível ao atacante gerar novos códigos de crédito, sem que o valor fosse devidamente debitado em seu saldo final. Conseguindo assim, gerar um montante falso de bitcoins dentro do sistema e resgatá-lo em tempo hábil, durante a madrugada.
mircea_popescu: that says their redeem codes were broken and leaked equity.
Chaang-Noi: they should have known better than to use codes...
pgp: basic factors would include cost per GH/s for hardware, current network hash rate,growth assumptions in overall network hash rate, cost of electricity, lag time from laying out cash per GH/s and actually getting it working product. And some sort of time value of money discount factor for future cash flows. Am I missing anything?
Chaang-Noi: anyone want to buy the first bfl asic everordered?
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009994 = 0.0999 BTC [-]
assbot: [BTCTC] [BTC-BOND] 4 @ 0.009994 = 0.04 BTC [-]
bugpowderr: I wonder how Teramining is coming along
Ukto: oh, never even heard of them
MJR_III: pgp: also...current btc/usd exchange rate and expected btc/usd exchange rate
MJR_III: i feel like that is what most miners forget about
MJR_III: in their break even calculations
gribble: BTCUSD ticker | Best bid: 88.00000, Best ask: 88.29000, Bid-ask spread: 0.29000, Last trade: 88.29000, 24 hour volume: 156455.07758322, 24 hour low: 75.00111, 24 hour high: 94.50000, 24 hour vwap: 86.54041
MJR_III: if you are going to mine, you should be bullish on bitcoins i think
MJR_III: mircea_popescu: yeah...or hedge
pgp: I think you start first with a constant BTC USD model...
MJR_III: but if i am calculating my break even using todays prices as most mining calculators do...
MJR_III: then it doesn't appear to be worth it, but if i expected it to hit 100...that could make it profitable
ThickAsThieves: calculating mining profits anything more than 1 week out is voodoo anyway
OneMiner: MJR_III If you are that close to the line then you should probably just buy coins with your hardware and power costs. You'll end up with much more.
MJR_III: but i think most people worry about future difficulty all the time
MJR_III: but don't think of the other side of the coin...which is mining fewer coins is fine if they are each worth more
Chaang-Noi: s+and+Review&p=lotus+car&oid=0cb0ab46c07e25b28f10b5ae7f1d4ff1&fr2=piv-web&fr=sfp&tt=2012%2BLotus%2BExige%2BS%2BSpecs%2Band%2BReview&b=91&ni=114&no=109&ts=&tab=organic&sigr=11dgs3a7r&sigb=12uq2h7eh&sigi=126g0sakn&.crumb=S4mQTrSc6lC
MJR_III: CPU mining might be profitable if you have a long enough timeline
Chaang-Noi: that link! anyway, should i get it?> lotus exige s?
MJR_III: obviously it is somewhat speculative
OneMiner: How about an old civic or something, tub it out and take it to the track. Then you just need a tow vehicle. <----- that's my vision except with a miata.
Chaang-Noi: taxes in thailand on cars liek this are no joke like 500% to 700% or more...
Chaang-Noi: i sadly cant get one here, ill have to leave it in the usa
Chaang-Noi: they taxes these cars like crazy, yeah luxury tax
Chaang-Noi: more or less fair as there are no other real taxes
Chaang-Noi: honestly i think i would just move first
assbot: [MPEX] [S.MPOE] 29000 @ 0.00068158 = 19.7658 BTC [+]
OneMiner: Yes, in that case move first. Less complicated.
Chaang-Noi: yeah :/ unless btc goes to 5,000 then im getting 4...
gribble: BTCUSD ticker | Best bid: 88.23100, Best ask: 89.00000, Bid-ask spread: 0.76900, Last trade: 89.00000, 24 hour volume: 156779.61814498, 24 hour low: 75.00111, 24 hour high: 94.50000, 24 hour vwap: 86.53906
bowjob: mhm btc 100 by april 1st
OneMiner: 5k would put me in a sweet spot. I couldn't complain about that.
OneMiner: That's a reset button. School and a living standard bump.
Chaang-Noi: yeah btc at 5k i could do 4 loti in thailand with no problem
MJR_III: josh bft is trying to beat the bitbet date
Chaang-Noi: btc went from 2 to 90 in like a year, or like x45
Chaang-Noi: 90 x 45 is like 4k so like one yearish right?
OneMiner: Ya, the price increase is crazy.
Chaang-Noi: just wait until normal people invest in btc
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.37 BTC [+]
OneMiner: You know what's crazy good news? I think the US money laundering news is great. It's step one to establishing bitcoin in US society.
thestringpuller: I think as old money enters the btc economy, due to lack of regulation people like mircea_popescu will take their money pretty quickly
assbot: [BTCTC] [ASICMINER-PT] 110 @ 0.775 = 85.25 BTC [-]
Chaang-Noi: well gents, tomorrow i gotz to travel so im off to bed, call me if we get close to 100
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.77001 = 2.31 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 29 @ 0.77 = 22.33 BTC [-]
assbot: [MPEX] [S.MPOE] 8941 @ 0.00068158 = 6.094 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.76 = 3.8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.75801 = 7.5801 BTC [-]
gribble: BTCUSD ticker | Best bid: 89.48500, Best ask: 89.50000, Bid-ask spread: 0.01500, Last trade: 89.50000, 24 hour volume: 156731.60658333, 24 hour low: 75.00111, 24 hour high: 94.50000, 24 hour vwap: 86.52536
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.758 = 4.548 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.757 = 3.028 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75613 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75612 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.75201 = 4.5121 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.752 = 7.52 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75101 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.751 = 6.008 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 62 @ 0.75 = 46.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
assbot: [MPEX] [S.MPOE] 7991 @ 0.00068158 = 5.4465 BTC [+]
bitesak: known for his asymetric language trend analysis, using the change of language in the postings online to derive forecasts for developing trends
MJR_III: khan academy had a great video on diffie hellman system
bitesak: Save 90 % if paying with real currency such as Bitcoin :)
ThickAsThieves: is there international demand for getting a US high school diploma with online classes?
ThickAsThieves: anf furthermore would bitcoin be a good fit for such a service?
deadweasel: might be hard to understand btc w/out a high school diploma
pgp: question about network difficulty... does it adjust to bring rate back to 1 block per 10 min on current hash rate, or does it try to compensate to bring overall hash rate from last halving day to 1 block evey 10 min?
deadweasel: ThickAsThieves: I didn't catch that. So they might have a diploma from Spain, but want a US one.
ThickAsThieves: US diploma would be accredited and accepted by colleges
Guest4504: Goat from a phone. Lol at technology.
OneMiner: pgp 1 block per 10 min based on rate of block generation during the period.
pgp: so, if we assume a constant increase in hash rate, then halving day, by definition will alway be something short of 4 years...
OneMiner: pgp Yes, if hashrate always goes up then halving day will come sooner by a bit.
pgp: and difficulty adjusts every 2100 blocks, correct?
OneMiner: Hmmm... 2018 or something like that.
jborkl: No, the longest the diff will not adjust is two weeks
jborkl: slowdown in hash rate, it will lower in two weeks- not 2.5 or 3 weeks
OneMiner: It's not based on time. It's based on number of blocks. You sure about that jborkl?
jborkl: I have been through quite a few lower diff levels and it adjusts at two weeks
deadweasel: ThickAsThieves: Credit Repair business is actually a good business to get into in the US. since they legislated against all those "instant credit repair" scams, people can actually get help.
jborkl: If the previous 2016 blocks took more than two weeks to find, the difficulty is reduced
OneMiner: jborkl I think you're reading that wrong.
OneMiner: If the previous 2016 blocks took more than two weeks to find <---- suggests that you'd need all 2016 blocks to be found.
jborkl: if half the network took a shit, then we would drop to one block every 20 minutes and that would last a month
jborkl: killing the network in the meantime
jborkl: it adjusts every two weeks maximum
jborkl: can be shorter of course
OneMiner: Umm.... I don't think so dood. Site it or it didn't happen.
assbot: [MPEX] [S.MPOE] 8000 @ 0.00067944 = 5.4355 BTC [-]
gribble: Error: "14*24*60" is not a valid command.
MJR_III: it readjusts after 2016 blocks
MJR_III: thats why a huge increase in mining power will not really help you mine a ton of blocks
MJR_III: you will just increase the difficulty quicker
MJR_III: The change in difficulty is in proportion to the amount of time over or under two weeks the previous 2016 blocks took to find.
unbalanced: Is anyone using www.bitmit.net ? Is it the eBay of bitcoin or just one of many contenders?
unbalanced: And is it, or are any of them, listed assets? Or soon to be?
assbot: [BTCTC] [CRYPTO-TRADE] 36 @ 0.2 = 7.2 BTC [+]
unbalanced: I think someone mentioned building an eBay-killer here this week but now I can't remember who/when/what
unbalanced: Ah... so does bitmit not cut it or you just hadn't seen it or still plenty of room for competition I guess?
mircea_popescu: unbalanced basically it's yet another rehash of the old and by now stale "i wrote a script therefore this is a business".
jurov: unbalanced: mircea dreams about it
unbalanced: A lot can change in a month I guess. And people say bitcoin is volatile.
mircea_popescu: imagine if some kid made a html page which read THE REAL AMZON
unbalanced: mircea_popescu: I've read your "recognize you're an idiot, noob" posts re: BTC businesses and 100% agree.
unbalanced: As a guy wondering what my place is in the BTC economy, I take that stuff to heart and try to remember it.
mircea_popescu: this "here's a script that sorta replicates functionality now we wait for "the users" to make us a business" is nonsense
mircea_popescu: that aside : bitcoin desperately needs an ebay killer ap.
mircea_popescu: the only way to obtain such a thing is if someone with a lot of fmcg experience and contacts actually starts one.
unbalanced: So it only sucks because it doesn't have proven profits yet? Once proven to have traction and revenue, it wouldn't meet the noob=sux criteria?
mircea_popescu: i don't care how much profit the doctor's office makes.
mircea_popescu: you can probably make a fuckton selling folk remedies and straight silicone injections into the ass. heck, some people do.
unbalanced: Roger. So Meg Whitman starts an eBay killer using bitcoin, that's when to pay attention.
assbot: [MPEX] [S.MPOE] 8000 @ 0.00067446 = 5.3957 BTC [-]
assbot: [MPEX] [S.MPOE] 16610 @ 0.00068158 = 11.321 BTC [+]
assbot: [MPEX] [S.MPOE] 891 @ 0.00068292 = 0.6085 BTC [+]
mircea_popescu: some guy who was the near east distribution manager for coca cola since 1992
unbalanced: Right... just not an anonymous site like bitmet. Real-world experience, real-world human face, contact info, support, operational chops, execution...
mircea_popescu: a woman that was in charge of maersk pacific ops for the past five years
MJR_III: i would say that it is not so much even their experience (though that is helpful) but rather the fact that they are good at doing what they set out to do
MJR_III: many executives get fired for sucking
mircea_popescu: and this isn't random dickery as in "you must be old" or some shit. the ops experience shows.
mircea_popescu: there's a lot to business that's not taught in any c++ manual
MJR_III: yes, being a good programmer does not make you a good business manager
MJR_III: though not mutually exclusive
mircea_popescu: i can usually sniff out a half decent manager from a mile away
MJR_III: i think that one of the problems is that the current marketplace loves fuzzy things like "social networking" and pretty websites
MJR_III: but those things do not have the operational challenges of a real business
MJR_III: which is why you see things like BFL and others
mircea_popescu: yeah. they also don't have the chances of a real business.
unbalanced: So... in this case, bitmit.net (they need a better domain at least, I've mistyped it 3 different ways now) apparently has 17029 listings.
mircea_popescu: you have five minutes to find me a way to spend 10 btc on items that i could conceivably use during the remainder of 2013
unbalanced: (From their "worldwide" dropdown in upper right.)
MJR_III: actually executing in the real world when you have more complex operations than basically posting messages to each other is tough
MJR_III: and most web startups don't have to work in the REAL world
MJR_III: pinterest, twitter, facebook...they don't actually have to produce real things that take supply chains
unbalanced: Bear with me, I'm just wondering... is this a viable biz for that script kiddie, or maybe a team of 4, at these levels? Is it a good start or is Mr. Bitmit wasting his time?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.761 BTC [+]
mircea_popescu: (leaving aside they don't even know this is where it starts)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.76 BTC [-]
MJR_III: so a company like GE or Boeing have to do a whole different set of things than a web startup in silicon valley, and the fallacy is that because you are good at one thing, you will be good at the other
mircea_popescu: "it costs you less to buy your lube in btc on our site than at your corner lube shop" is a vp.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
unbalanced: thx, sorry but real life is interrupting, gotta run
mircea_popescu: "ebay for bitcoins" is a marketing ploy, different beast.
MJR_III: its an interesting challenge, and i think its a testament to the strength of bitcoin that it survives bad management
mircea_popescu: MJR_III well... it also yet benefits from a very low bar.
MJR_III: because at the end of the day...it comes down to management
mircea_popescu: fiat is regularly used in mission critical situations,
MJR_III: but if that is going to change, you will need people with a different skill set
mircea_popescu: such as the woman with no underwear on but five bucks in her pocket.
MJR_III: i think bringing efficiency to the exchange mechanism is going to be the first step
MJR_III: the other biggest thing will be the bitcoin atm
MJR_III: but i think that that will rely on an efficient and stable exchange
MJR_III: for example...the lady with no undies has a debit card
MJR_III: and the store only takes cash
MJR_III: not a problem nowadays, you just run to the atm
MJR_III: but you cannot have that level of convenience right now with bitcoin
smickles: cash only places usually have an atm on site
MJR_III: i think to drive local adoption, you will need to have two-way bitcoin atms spread locally
MJR_III: your fees would be in the spread that you are charging
MJR_III: since the transactions can go both ways, you could put cash in and get bitcoins out or vice versa
mircea_popescu: i still don't think bitcoin is adequate for the retail space
Troic: you going to wait for confirmations if you buy knickers ?
mircea_popescu: but that's an entirely set of problems from the bitmit thing
MJR_III: my point is...why make cash only places take debit cards?
MJR_III: the atm can give you locally accepted currency
MJR_III: while you hold mostly bitcoins
assbot: [HAVELOCK] [VTX] 2 @ 0.478 = 0.956 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.465 BTC [+]
Troic: or just one way atms, bitcoin-central's idea, cards charged in local currency charged to your btc.
MJR_III: but that is why i think that this does an end run around that problem
Troic: your, hmm, i mean their
MJR_III: but i don't want to hold my cash in bank, i want to hold bitcoins in my wallet
MJR_III: the idea of an automatically adjusting exchange rate ATM that can be connected to a wallet is pretty trivial, the main issue is again exeecution
MJR_III: ATM's are a pretty big business, access to currency is always going to be needed
MJR_III: imagine the convenience of just getting cash when you need it, anytime, for in person retail transactions
MJR_III: but holding your money and transferring for large transactions using the blockchain
MJR_III: it would add a ton of liquidity if this atm network took off
MJR_III: as people either choose to go buy some bitcoins by just depositing cash, or sell them because they need cash at the moment
mircea_popescu: i imagine the practical way this will work will be the magic cash dispenser
mircea_popescu: but it may take a while. we're not quite able to make asics yet
MJR_III: you could even...and this is maybe going above and beyond
mircea_popescu: servicing atms is a few levels of complexity atop that
MJR_III: you could have those machines also mining as they do their role of providing a convenient exchange
MJR_III: and they have made, produced and shipped asics
MJR_III: at first of course, you would hve to have them inside a business...
MJR_III: the point is that this space has already been explored...atm's are everywhere
MJR_III: you could buy an atm, and then reconfigure it to accept bitcoins instead of debit cards
jcpham: atm's have cash in them
jcpham: no one wants you to have cash
MJR_III: um...i think that the volume on the exchanges would beg to differ jcpham
jcpham: no one wants you to have cash
jcpham: cash is a dead technology
gribble: BTCUSD ticker | Best bid: 88.89749, Best ask: 89.43408, Bid-ask spread: 0.53659, Last trade: 88.65000, 24 hour volume: 155385.63557232, 24 hour low: 75.00111, 24 hour high: 94.32000, 24 hour vwap: 86.37690
MJR_III: then why are so many people selling bitcoins?
MJR_III: every sale involves someone buying and someone selling
MJR_III: so some people still want cash
MJR_III: or should I say USD that they can withdraw as cash
smickles: buying cash is still a way to use bitcoin
jcpham: cash is my method for getting bitcoin
smickles: mircea_popescu: people on tv tend to look odd
MJR_III: i don't think the dollar is going anywhere for a long time
smickles: mircea_popescu: aslo, to me, it looks like she painted herself derpy eyes
MJR_III: and as mircea_popescu's excellent article showed...you don't need bitcoin to do everything
MJR_III: let it do what it is good at doing
MJR_III: and use cash for what it is good for
MJR_III: cash sucks as a store of value, but it is pretty convenient for in person local transactions
smickles: mircea_popescu: ah, right. It is a production. The probably do have people do it for her
MJR_III: cash sucks for sending money long distances, let bitcoin do that
mircea_popescu: MJR_III kinda what it was intended as, you know ? little notes saying you have gold somewhere
MJR_III: you can turn cash into a reserve note for bitcoins in a way
MJR_III: it is a proxy like all currency
assbot: [BTCTC] [RSM] 1 @ 0.00301 BTC [-]
MJR_III: it will basically undo bretton woods
MJR_III: as people use it to peg the dollar to something scarce
MJR_III: they can then see the real fluctuations in its value
mircea_popescu: "this govt's policy has seen our currency drop 40% against btc"
MJR_III: real value, money is not able to be inflated artificially
MJR_III: there needs to be a good or service backing it up
jcpham: like HFT trading on an exchange?
MJR_III: exchanging one proxy for another
MJR_III: until there is a better exchange, AND all exchanges communicate with each other
MJR_III: you won't have efficiencies
jcpham: i've been building a porch all week
assbot: [BTCTC] [RSM] 1 @ 0.00301 BTC [-]
mircea_popescu: MJR_III that is a good point actually. i have no idea why everyone's so hell bent on being special unique etc.
mircea_popescu: well... other than the obvious "cause they're 16yo aspies"
MJR_III: mircea_popescu: yeah, it just takes trust, which comes down to good management
MJR_III: there is a reason our world is the way it is
MJR_III: its the sum of our choices, mostly made through individual rational choices
MJR_III: so...there is a reason i can buy something on one exchange and instantly sell it on another
MJR_III: mircea_popescu: but it is like mpex...someone has to do it, and let others build on it
MJR_III: similar to how you say that the whole world can't be hedging
mircea_popescu: MJR_III so far even a fucking naming convention is impossible to contemplate, let alone implem,ent.
MJR_III: i am already working on an engine
smickles: at one exchange, who is insolvent
MJR_III: this is the thing about bitfloor
MJR_III: it has the best model of all exchanges
mircea_popescu: smickles the redeem codes was a sorta attempt, but meh.
MJR_III: its the most convenient for me
MJR_III: again that comes down to execution
MJR_III: and i think poor choices as far as resolving that
smickles: i would use bitfloor more often if it weren't for that debt
MJR_III: wants to pay back everything in btc while collecting fees in dollars
MJR_III: you either do what a real company would do
smickles: much of bitfloor is opensourced
mircea_popescu: the girl made a very good point as to the cost of financial ineptitude vs coding inavbility
MJR_III: liquidate and pay back what you can
MJR_III: or you work out a deal with the creditors
MJR_III: charge your fees in btc for transactions
MJR_III: and put a portion of them towards the debt
smickles: there is kinda a defacto deal with the creditors
mircea_popescu: listen MJR_III this fees stuff... think for a moment. no exchanger makes money.
MJR_III: but he owed 250k now it is over a million
smickles: and he did recently make a 1% payment
mircea_popescu: you have cases with 10k a month which come to 200 btc.
mircea_popescu: or you have mtgox, which clears about enough to cover its costs.
MJR_III: mircea_popescu: how do you figure?
gribble: BTCUSD ticker | Best bid: 89.03000, Best ask: 89.50999, Bid-ask spread: 0.47999, Last trade: 89.03000, 24 hour volume: 155306.17401255, 24 hour low: 75.00111, 24 hour high: 94.32000, 24 hour vwap: 86.37012
smickles: and really, because of his jurisdiction, he owes the usd value of the btc at the time of the theft
mircea_popescu: MJR_III simply like this : i look at the immense fees.
mircea_popescu: since there's no competition on fees its clearly not a profitable space.
MJR_III: ;;calc 155306 * 86.37 * .004
MJR_III: there expenses are higher than 53k a day?
MJR_III: that is their volume for the last 24 hours
smickles: and this past month would't be the best indicator
MJR_III: they make well over a million a month i think
MJR_III: i've been watching for a while
MJR_III: and they have a ton of volume and very high fees
MJR_III: and i believe that some of the fees is in dollars and some in btc...not sure how they work that out
mircea_popescu: ( 2400 salary + 2800 tax + 1500 fixed) * 5 = 30k usd in employee costs.
MJR_III: ugh, it doesn't auto-ignore tiberiusiv
MJR_III: but also...just because they are the best and have first mover advantage does not mean that they are running a good exchange
assbot: [BTCTC] [BASIC-MINING] 25 @ 0.37 = 9.25 BTC [+]
mircea_popescu: but this is the case of mtgox. be it as it may, in most spaces the top dog can at least pay his salt.
mircea_popescu: think a little about the 10k a month and under exchanges.
mircea_popescu: the thing is, it takes 9 months to get a child out of a woman. not negotiable.
mircea_popescu: you run an exchange you need some people. not negotiable.
MJR_III: but every exchange including mt gox and excluding mpex has been hacked
smickles: 17590762.3519516 btc volume this year, if i mathed correctly
mircea_popescu: the guy that can do the job of 5 people is NOT cheaper than hiring the 5 people.
smickles: this year being the past 365 days to the second
smickles: tiberiusiv: you don't like bitcoin magazine?
mircea_popescu: MJR_III now think of the legal bills to defend that million.
mircea_popescu: see, it's a mixed blessing. a year ago they made red ink but at least knew all the costs.
MJR_III: trust me, i understand the problems with trying to get the scale you need to make things worthwhile
mircea_popescu: today they make decent dough, but also need an entire arsenal at the ready.
MJR_III: but most businesses have to invest ahead of the growth curvve
MJR_III: like i always say, if you are not bullish on bitcoins, why start a company in this space
MJR_III: so as with all entrepreneurial endeveavors, there is risk and up front costs
MJR_III: but that is the bet you want to make, if you believe you are right
mircea_popescu: if i were runningtheir outfit i'd rend out a warehouse with a good triphase line
smickles: tiberiusiv: so you suggest that he's a scammer b/c he's romainian and allows people to post pictures you don't like, i understand that. What would you suggest my course of action be based on this information?
mircea_popescu: or whatever you call industrial power in english. 380 volt
Diablo-D3: mircea_popescu: you mean 400v on site?
assbot: [BTCTC] [RSM] 1 @ 0.00301 BTC [-]
mircea_popescu: there's plenty of practically abandoned industrial space
Diablo-D3: mircea_popescu: easier to just have 208v three phase and then bring it down to 48v dc
MJR_III: mircea_popescu: you need triphase if you are going to have that much
assbot: [BTCTC] [RSM] 1 @ 0.00301 BTC [-]
MJR_III: that is what the data centers we use hve
Diablo-D3: mircea_popescu: yeah, but all you're doing is making it into a DC
mircea_popescu: which most cities you can have installed for w/e, 1k per meter or somesuch
mircea_popescu: Diablo-D3 minus a lot of the overhead. i think at least.
Diablo-D3: no, you just need to recreate the overhead
MJR_III: Diablo-D3: i was wondering about that today
smickles: ok, so add the lack of a mainstream interview to evidence that he's a scammer
jcpham: i've seen a submerged oil rig
smickles: tiberiusiv: kk, fraud does seem more apt than scammer
mircea_popescu: but anyway, maybe you're right Diablo-D3, dc is the way to go
jcpham: not something i'd want to do
MJR_III: yes, why has no one tried an oil rig for a miner?
jcpham: pretty messy to un-submerge
MJR_III: well you should probably never unsubmerge, or once a year
MJR_III: they can get cpu's up to 8ghz
smickles: tiberiusiv: I would be upset too if i had an operation the size of mpex and got left out of media attention
MJR_III: it won't interfere with the electrical operations but dissipates heat better
jcpham: to do gpu's you'd have to remove the fans
MJR_III: i was thinking an asic though would be heatsink only
jcpham: i assume that oil dissipates more heat than air no matter what
MJR_III: and then you pump the oil through a cooler
smickles: tiberiusiv: i don't think he exaggerates, he just speaks of the notational numbers because they are bigger
Diablo-D3: mircea_popescu: why do you think I'm working out a $250m plan thats all involving a DC?
jcpham: seems like gpus would really heat up oil
mircea_popescu: i was wtfing all to hell here thining you know... crude oil
jcpham: much more so than you think
MJR_III: but you can pump it through a cooler
jcpham: oh so the oil is cooled
MJR_III: and i am almost certain you could clock them faster
MJR_III: saying you COULD cool the oil i think in this example there was no need
mircea_popescu: jcpham use a heat exchanger to power a little steam turbine
jcpham: gpu mining really should be dead at this point
smickles: tiberiusiv: I haven't noticed an exaggeration. Are you talking about something you saw in irc or on a webpage?
MJR_III: jcpham: i mean for a real industrial asic plant
assbot: [MPEX] [S.MPOE] 2000 @ 0.00068292 = 1.3658 BTC [+]
MJR_III: its a super simple chip at the end of the day
MJR_III: and all that matters is clock cycles
MJR_III: so just try to do more per second
MJR_III: in fact...you wouldn't even need most of the stuff to be submerged
MJR_III: just the asic...and use a raspberry pi or whatever as the controller...it could hold the blockchain etrc
mircea_popescu: i wonder if it'd be practical to make your asic farm in a small siberian town
smickles: tiberiusiv: though, that market cap does seem high to me, it is consistant with the amount of buys from people other than mircea_popescu that I know of myself
mircea_popescu: eh gtfo. facebook doesn't have a revenue model, is worth 100bn
MJR_III: not sure if even cold siberian air would allow for the levels of ghz that oil would
smickles: tiberiusiv: most of the activity happening when mircea_popescu is around, doesn't really indicate that mircea_popescu is the cause of said activity
MJR_III: i wouldn't engage, you are giving him what he wants
MJR_III: only really original and next generation
mircea_popescu: MJR_III not air. WATER! run a stream through your thing
smickles: tiberiusiv: you don't think that activity could increase from other people in similar timezones to mircea_popescu ?
MJR_III: but i think oil is the best heat dissapater
MJR_III: and any gain from siberian cold could be translated to oil
MJR_III: the oil can actually touch the chip
smickles: tiberiusiv: aslo, from what i've read of the polimedia financials, most of his money used to come from consulting
smickles: surely there are business in romania
MJR_III: so i think that at 6hz and above...you have to worry about the small times where the heat is still on the chip before the water can suck it up
MJR_III: smickles: careful, if you keep disagreeing you will be poor
smickles: MJR_III: if you notice, i granted him the fact that mircea_popescu is a fraud and asked him what i should do about it
smickles: tiberiusiv: our current president is from one of the most corrupt places in 'merica
jcpham: mircea_popescu did you know romania si the most corrupt place in europe
jcpham: mircea_popescu did you know i can buy a judge for $500
jcpham: i read about it in this channel recently
jcpham: sorry no citations for sources, though
jcpham: you'll have to trust me
smickles: and america is ripe for bashing, it does a lot of stupit shit
mircea_popescu: anyway, i'd say romania is about as corrupt as france.
smickles: at the cost of waging war everywhere
MJR_III: anyways, i think if you could hash 2.5x as fast...you would be making a ton of money
smickles: coming from a country where our dear leader has a public assasination list, corruption doesn't sound all that bad
smickles: tiberiusiv: that video looks decades old, is it still like that?
smickles: tiberiusiv: how come that video has a bunch of comments saying that it's not like that anymore?
smickles: i don't think poverty = corruption
assbot: [HAVELOCK] [SDICE] 10 @ 0.44 = 4.4 BTC [-]
DeaDTerra1: Looking to borrow fiat on MtGox or Bitstamp!
DeaDTerra1: 10k$ ish, btcx.se (where I work) are totally out of float, people just got their salaries and it's now a four day holiday in Sweden...
DeaDTerra1: we need to stack up some float as we are already zeroed and the weekend just started
smickles: I think 10k is above my legal limit
DeaDTerra1: I can take lower amounts, as I said. We are zeroed :P I am quite desperate for any amount I can get my hands on. btcx will repay it on Monday/Tuesday when our wire hits MtGox
smickles: oh, this state doesn't have an amount limit
smickles: or an interest rate limit if the rate is in a contract
MJR_III: smickles: how is it in the jurisdiction of the state?
MJR_III: thought it would be in japan
smickles: MJR_III: i'm not sure how jurisdiction would play out, so i default to where I am
DeaDTerra1: We are willing to offer 0.5-1% for a loan from today to Monday/Tuesday when the wire hits out MtGox account.
bugpowderr: It's not unreasonable, but not sufficient for me. Sorry
mircea_popescu: maybe putting a btc ask for a slightly above mkt price may work naturally to attract fiat ?
DeaDTerra1: Okay no problem :), if you change your mind just pm me
DeaDTerra1: Would work if we actually had some bitcoins :P
assbot: [MPEX] [S.MPOE] 17500 @ 0.0006742 = 11.7985 BTC [-]
assbot: [MPEX] [S.MPOE] 800 @ 0.00067177 = 0.5374 BTC [-]
DeaDTerra1: We have sent out all our bitcoins to customers
MJR_III: makes sense...so you can't fill new orders?
MJR_III: wouldn't it make sense to borrow btc then?
DeaDTerra1: nope, we get people who want to buy Bitcoins in Sweden, and we do not have float to buy bitcoins and send them out to the customers :9
DeaDTerra1: It would except we kind of do not want the exchange risk of borrowing BTC
MJR_III: well they have fiat waiting on the wire
DeaDTerra1: well, we have Fiat tons of it, just not on mtgox :)
MJR_III: a future contract maybe...
DeaDTerra1: We have about 70k $ wire transfer on it's way to MtGox but due to bank holiday and easter it will not hit mtgox until after this weekend
DeaDTerra1: I will become that desperate tomorrow :P
DeaDTerra1: then I am thinking of just longing on bitfinex to hedge the risk and borrow BTC
MJR_III: short term commercial paper is so far an emerging market
DeaDTerra1: Yea, I would love to have a connect to future/option market
DeaDTerra1: so you can connect your backend and hedge all exchange risks
sturles: DeaDTerra1: If you sent to the bank in Japan, they don't have any Easter holidays there.
DeaDTerra1: In our normal buisiness model this is not needed and also we do not have Bitcoins as our float but USD/SEK
MJR_III: why do most exchanges collect fees in fiat...
DeaDTerra1: No they do not, but Swedish banks do and people just got their salary. The wire was sent yesterday so I expect it to reach Mtgod on monday/tuesday.
mircea_popescu: "Unfortunately, without proper funding and with limited manpower running a project of this magnitude has proven to be very difficult. Recently, these problems caused for a group of users trouble and losses of funds. Ultimately, that's why we decided to shut down BitMarket.eu and stopped trading."
DeaDTerra1: Didn't expect this volume :P, I guess it's the combination of everyone that wants in before the holidays and that they just got their salaries
MJR_III: yeah, holiday weekends are interesting
MJR_III: smickles: do you think that tax returns will inject more cash into the btc economy
MJR_III: whats with all the ddos'ing lately
MJR_III: management, management, management
bugpowderr: its a same Deprived doesn't hang out here
MJR_III: figured that's what you meant
ThickAsThieves: I have Deprived my coinbr referall as a tip, and invited him here
MJR_III: i don't really like the bitcointalk forums, so i am glad you guys are here to tell me the best articles
jborkl: MJR_III : I was wrong about the diff retarget- my bad
assbot: [HAVELOCK] [SDICE] 50 @ 0.445 = 22.25 BTC [+]
assbot: [HAVELOCK:HIM] 1D: 1.80000000 / 1.83999412 / 1.92000000 (17 shares, 31.27990000 BTC), 7D: 1.41000000 / 1.72493945 / 2.00000000 (180 shares, 310.48910090 BTC), 30D: 1.40000000 / 1.8649577 / 17.25000000 (715 shares, 1333.44475269 BTC)
assbot: [MPEX:S.MPOE] 1D: 0.00062187 / 0.00066672 / 0.00068292 (568576 shares, 379.08 BTC), 7D: 0.0006 / 0.00066359 / 0.00071369 (2166747 shares, 1,437.85 BTC), 30D: 0.0006 / 0.00073309 / 0.00078628 (17281635 shares, 12,669.03 BTC)
assbot: [HAVELOCK] [SDICE] 3 @ 0.40001 = 1.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.391 = 1.955 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.39 = 0.78 BTC [-]
assbot: [MPEX] [S.DICE] 3600 @ 0.00394014 = 14.1845 BTC [-]
smickles: MJR_III: people tend to spend tax returns on stupid shit, and i'm sure there are plenty of people who consider bitcoins stupid shit
assbot: [MPEX] [S.MPOE] 2109 @ 0.00068292 = 1.4403 BTC [+]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00068293 = 0.8878 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068294 = 3.4147 BTC [+]
assbot: [MPEX] [S.MPOE] 15191 @ 0.00068314 = 10.3776 BTC [+]
bugpowderr: Yah, people think "free money!" Let's roll the dice
smickles: i plan to use my 'return' on my car loan
smickles: you fuckers gave me about 5 grand in eic
bugpowderr: That wall at 76 must have put us over 10MM
assbot: [BTCTC] [COGNITIVE] 2 @ 0.131 = 0.262 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.37 = 0.74 BTC [+]
assbot: [HAVELOCK] [SDICE] 18 @ 0.39 = 7.02 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.380112 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.3700001 = 0.74 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.37000001 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.36 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.355 = 3.55 BTC [-]
assbot: [HAVELOCK] [SDICE] 17 @ 0.35 = 5.95 BTC [-]
topace: been getting a lot of push requests lately
topace: people buying on mpex and selling on havelock
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1075 BTC [+]
gribble: (eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with the bot for this to work. You will be given a link to a page which contains a one time password encrypted with your key. Decrypt, and use the 'everify' command with it. Your passphrase will expire in 10 minutes.
assbot: [MPEX] [S.DICE] 3200 @ 0.0037 = 11.84 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.003615 = 7.23 BTC [-]
assbot: [MPEX] [S.DICE] 1512 @ 0.00361 = 5.4583 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.003601 = 3.601 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00360001 = 3.6 BTC [-]
pgp: based on the idea that asic devices will eventually start shipping, does anyone have an estimate on how much extra hashing power is likely to come online within the next few months?
mpexbot: smickles: S.DICE 1 day: average: 0.00396702 high: 0.00419995 low: 0.00360001 volume: 31375 btc: 124.46532743 7 day: average: 0.00339187 high: 0.0045 low: 0.0031 volume: 678237 btc: 2300.4892668 30 day: average: 0.00453418 high: 0.0063799 low: 0.00300001 volume: 1714919 btc: 7775.7474019
assbot: [HAVELOCK:SDICE] 1D: 0.35000000 / 0.40726766 / 0.46500000 (265 shares, 107.92593120 BTC), 7D: 0.35000000 / 0.46365078 / 0.53000000 (1486 shares, 688.98505175 BTC), 30D: 0.35000000 / 0.51934247 / 0.68950000 (5763 shares, 2992.97064753 BTC)
assbot: [MPEX:S.DICE] 1D: 0.00360001 / 0.00396702 / 0.00419995 (31375 shares, 124.47 BTC), 7D: 0.0031 / 0.00339186 / 0.0045 (678237 shares, 2,300.49 BTC), 30D: 0.00300001 / 0.00453417 / 0.0063799 (1714919 shares, 7,775.75 BTC)
topace: not bad for havelock having 10% of the shares
topace: well 10% of the shares that are actually trading on mpex
topace: more than 1% of the toal
assbot: [MPEX] [S.DICE] 1784 @ 0.00337335 = 6.0181 BTC [-]
assbot: [MPEX] [S.MPOE] 17200 @ 0.00068081 = 11.7099 BTC [-]
assbot: [MPEX] [S.MPOE] 32150 @ 0.00067177 = 21.5974 BTC [-]
pgp: what's the deal with gox allowing you to put in orders that exceed your balance?
smickles: pgp: bugpowderr seems to know more about it, but basically, they let you do it
mpexbot: smickles: S.MPOE 1 day: average: 0.00067061 high: 0.00068314 low: 0.0006357 volume: 604261 btc: 405.22276531 7 day: average: 0.00066388 high: 0.00071369 low: 0.0006 volume: 2226197 btc: 1477.93072672 30 day: average: 0.00073286 high: 0.00078628 low: 0.0006 volume: 17354585 btc: 12718.4554152
pgp: so, concievable much of the order book dept could be totally bogus
assbot: [BTCTC] [ASICMINER-PT] 14 @ 0.7514 = 10.5196 BTC [+]
smickles: bugpowderr seems to think it isnt
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7513 = 7.513 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7511 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.751 BTC [-]
assbot: [BTCTC] [COGNITIVE] 40 @ 0.131 = 5.24 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
bugpowderr: pgp all orders that display in the book are fully funded
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.745 = 2.98 BTC [-]
bugpowderr: you can place additional orders, but they will be listed as 'insufficient funds' and will not show on the book.
bugpowderr: They will appear on the book if you add additional funds
bugpowderr: for example, if you are waiting for funds to clear, but you want to go to sleep, you can place the order and go to sleep
bugpowderr: when funds clear it will automatically hit the book
jcpham: so much text and screenshots
deadweasel: kakobrekla: it's like daytime television.
topace: heh so bfl now has a working asic, but its using too much power
pgp: they subcontracted to boeing...
Ukto: does this mean bfl will putoff releasing the asics until they get power under control ?
topace: We've been tracking down a power issue these last few days and have it isolated to a few key systems. In the interest of time, we are planning on potentially scaling back units hashing speed as required to accommodate the extra power and shipping multiple units to those that want their units right now. If would would prefer to wait for a unit after we've made some changes to the systems that need a bit of tweaking, we will be happy to put your sh
topace: ipment on hold. However, if you'd rather have the units right now at an increased power usage, we will ship you as many units as required to get you to the hashrate your purchased, if we end up having to scale back any given class of unit to fit within the power envelope of the current board design.
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.09 = 0.9 BTC [-]
assbot: [MPEX:S.MPOE] 1D: 0.0006357 / 0.0006706 / 0.00068314 (604261 shares, 405.22 BTC), 7D: 0.0006 / 0.00066388 / 0.00071369 (2226197 shares, 1,477.93 BTC), 30D: 0.0006 / 0.00073285 / 0.00078628 (17354585 shares, 12,718.46 BTC)
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.1001 = 1.001 BTC [+]
taub: dawwnn of battle, bears, CHARGE
pgp: bugpowderr - any predictions?
assbot: [HAVELOCK] [VTX] 2 @ 0.479 = 0.958 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.004087 = 0.0409 BTC [+]
assbot: [BTCTC] [GSDPT] 20 @ 0.00409 = 0.0818 BTC [+]
assbot: [BTCTC] [GSDPT] 2 @ 0.004113 = 0.0082 BTC [+]
assbot: [MPEX] [S.MPOE] 36569 @ 0.00067177 = 24.566 BTC [-]
assbot: [MPEX] [S.MPOE] 13381 @ 0.00067955 = 9.0931 BTC [+]
MJR_III: to all those people saying btc isn't backed by anything...it's backed by drama
pgp: it's a 1849 style gold rush in ASICs right now
MJR_III: yep and i think avalon is the clear winner so far
MJR_III: the bitbet BFL decision will be fun to watch
pgp: those pickaxes have gone up in value ALOT since they wre pre-ordered...
pgp: ebay list many of them at 1000% of MSRP
MJR_III: think they sold out batch 3 in under an hour...thats 600 x 80 btc AT LEAST for a total of 24000 btc
pgp: how many TH in batch 3?
MJR_III: not a bad sale i would say
MJR_III: i think batch 3 was 600 units at 66gh each
MJR_III: you could order the 88gh version
MJR_III: so...200 * 88 and 400 * 66
pgp: say that batch 1 and 2 ws a total of 60 TH - 100% of current network hash rate
MJR_III: pgp: i don't think it would be that much
MJR_III: the largest batch was batch 3
MJR_III: and that is a total of 44 TH
MJR_III: last i saw they pushed back
MJR_III: batch 2 is just getting delivered now
MJR_III: and i THINK, but i may be completely wrong, that may 15th is target delivery date for batch 3
MJR_III: Yifu wrote something about that but I can't find the link
MJR_III: BFL keeps saying, oh tomorrow
MJR_III: avalon got it, they understood what it takes to get the product to market
MJR_III: AND understood that being first was more important
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00459 = 0.0918 BTC [+]
MJR_III: so BFL's stated design may be a better product
MJR_III: but so far it is nonexistent
bgupta: Yeah need to ship to stay in the game
bgupta: sometimes worse is better
MJR_III: just another example of management trumping design specs or programming knowledge
assbot: [MPEX:S.DICE] 1D: 0.00337335 / 0.00393508 / 0.00419995 (33159 shares, 130.48 BTC), 7D: 0.0031 / 0.0033864 / 0.0045 (675670 shares, 2,288.09 BTC), 30D: 0.00300001 / 0.00453297 / 0.0063799 (1716703 shares, 7,781.77 BTC)
error4733: MJR, i always read yifu never thinks he can succes to be first
MJR_III: he was trying to stave off monopoly by BFL
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00494 BTC [+]
MJR_III: just so there would be diversification in the market
error4733: was not a strategic choise for time
MJR_III: well...he could have waited
MJR_III: and prob done a smaller process
MJR_III: and it works and is being delivered
MJR_III: I think he felt pressure to keep up with BFL
MJR_III: but was just way better at execution than they were
assbot: [MPEX] [S.MPOE] 29500 @ 0.0006713 = 19.8034 BTC [-]
assbot: [MPEX] [S.MPOE] 13450 @ 0.00066822 = 8.9876 BTC [-]
MJR_III: someone thinks there won't be much of a dividend i guess
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7295 BTC [-]
error4733: i still think in this big money business, should be easy to give 50K$ in china to fuck up a concurrent
error4733: change a little setting in any part of the process and you get 6 more month delay
MJR_III: think its possible but unlikely
MJR_III: in this specific case, there were only 3 real contenders
MJR_III: mt.gox is laggier than bitcoinity.org
MJR_III: error4733: i hope that the tablet works
MJR_III: i think that one thing is becoming clear, from kickstarter projects and bitcoin projects, creating a cool website is not the same thing as creating a viable business
MJR_III: but the main difference between web based ideas and the other businesses is interaction with the real world
MJR_III: everyone focuses on CEO/CTO in this space...but COO is where you really shine
MJR_III: mircea_popescu: i wasn't aware that you did web hosting, but I saw the little hosted by mpex on bitcoinity
assbot: [MPEX] [S.MPOE] 3850 @ 0.00066822 = 2.5726 BTC [-]
assbot: [MPEX] [S.MPOE] 14850 @ 0.00066587 = 9.8882 BTC [-]
assbot: [MPEX] [S.MPOE] 1600 @ 0.00066529 = 1.0645 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.479 = 0.958 BTC [+]
smickles: mtgox will be depreciated on apr 10 due to legal issues
MJR_III: yeah those will be deprecated i had heard
MJR_III: they can't use gox coupons
assbot: [MPEX] [S.MPOE] 1000 @ 0.00067955 = 0.6796 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.479 = 2.395 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.479 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41999996 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41999997 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.41999998 = 2.1 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41999999 BTC [+]
KRS1: what happens to gox accounts once "depreciated"
MJR_III: you just won't be able to withdraw USD via Mt. Gox USD codes i think
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.739 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.740995 = 1.482 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.741 BTC [+]
MJR_III: i'm looking into the exact details
assbot: [HAVELOCK] [SDICE] 50 @ 0.42 = 21 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.479 BTC [+]
assbot: Hell, ain't we about more fucked than a whore at closin' time, huh?
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 66.95953589 / 85.06143152 / 85.06556611 (111084 shares, 22,108.25 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
KRS1: is that his warning
gribble: yes I am gribble. why do you keep bothering me?
thestringpuller: sometimes I wonder who actually has more power, people like you, or the blokes at the bank...
smickles: ya know, i don't recall bitcoinica going down as often as ya'll say bitfinex goes down
smickles: 'coinica really only went down once
MJR_III: i think it has to do with the cloudflare anti-dddos
jurov: so i just came from meeting about btc alternatives
jurov: that changed into ppcoin sales pitch
smickles: jurov: what's so good about ppcoin?
jurov: bitcoin is too power hungry, ppcoin is more ecological
jurov: plus we received stern warning that moeny is not morally nutral
MJR_III: if you find something that uses less power, more people will mine
MJR_III: driving difficulty up further and using the same power
jurov: so if we become suddenly rich, we shoudl thin about the outcome of our actions
jurov: and ppcoin is not using difficulty
jurov: everyone who has enough coins*time can have a right to issue a block
jurov: but it's not in effect yet, its mining normally until some time passes
jurov: for now i'm reserving my judgement, maybe buying some just in case
MJR_III: while i rate all other cryptocurrencies chances as around 1% might be worth it to hold a basket of all of them, just in case
smickles: no upper limit on ppcoin amounts either
jurov: that was mentioned too that he considers inflation as consequence of 2nd thermodynamic law and thus it should be allowed
smickles: i feel like the proof-of-stake bit turns it into a game, get 51% of the coins and you win
jurov: no, someone with older coins than you can issue blocks instead
jurov: you have to wait with your 51% to get the right
jurov: after receiving them
smickles: but, wouldn't that mean they have to do nothing w/ their coins to maintain
jurov: yes, if you spend the coins, you lower your weight
jurov: this actually would be motivation to hoard, hence inflation is necessary
smickles: so, if someone gets anywhere near 50%, then people have to stop spending coins to protect it
MJR_III: while it may be an interesting and novel approach
MJR_III: as with all the others i doubt it will gain the momentum it needs
jurov: if someone gets anywhere near 50% *he* has to wait to be able to pull 51% attack, meanwhile others mine blocks and lower his part
MJR_III: it would need to have a signifigant advantage
smickles: take many massive loans, get near 50%, the claim you can't pay because you have to protect the network!
jurov: but you can't use them as a proof of stake tomine
MJR_III: bugpowder: what's stopping you?
jurov: cuz all ur coins are new and shiiny
MJR_III: in some ways this ruins the fungibility of the money though
jurov: and only older coins can be used as proof of stake to mine
jurov: well, actually i heard about it today first time, that's how i understood it
MJR_III: i just finished reading their white paper
MJR_III: bugpowder: just find someone willing to lend you some
jurov: and all btc coins aren't equal too, as anyone who tried to spend new satoshidice outputs can attest
MJR_III: jurov: because they haven't been verified yet?
jurov: een after they were verified, satoshi client defaults to higer txfee
jurov: aside from that dusted consideration
Bugpowder: oh, here was that blog with the mining profit plots
jurov: anyway my peeve with them altcoins is they all use outdated satoshi codebase
jurov: both litecoin and ppcoin are based on 0.6
jurov: while bitcoind was quite much refactored in 0.7/0.8 versions
jurov: causing simple merging impossible
jurov: and boy, they are thrashy...
jurov: bitcoin is *not* ready to replace any amount of worldwide economy. we do need experiments/forks at this stage
jurov: but we also need someone to do it properly
jurov: yea, these poor silkroad dealers you mentioned yest. let's remember them with moment of silence.
MJR_III: what happened to the sr dealers?
jurov: tiberiusiv because it is too risky to keep big amounts on exchanges
Bugpowder: You can move about 0.5MM pretty easily
jurov: and that's actually good, it slows the rally while we accrue some real competency (by tial and error, but hopefully still)
pgp: need credible exchange
jurov: like if there were millions going in and out, that wouldn't cause wild swings?
assbot: [HAVELOCK] [SDICE] 1 @ 0.41999999 BTC [-]
Bugpowder: single 1MM gox orders have been going off once a day for the past 2 weeks
Bugpowder: there is a 1.5MM bid at 76 right now
jurov: nonsense. if all 10m bitcoins were on mtgox's ask side
MJR_III: true which is around 30 seconds now
jurov: then 1m USD would still move the price considerably
jurov: so? don't clamor for impossible them.
Bugpowder: a 1M buy right now moves the price 5%
Bugpowder: I bet a 1MM bid moves any midcap stock at least as much
jurov: tiberiusiv so how do you propose to get instantly into 1trillion mkt cap?
jurov: so you can have your beloved liquidity?
jurov: it's necessary condition
assbot: [MPEX] [S.MPOE] 9700 @ 0.00067039 = 6.5028 BTC [-]
assbot: [MPEX] [S.MPOE] 2718 @ 0.00066531 = 1.8083 BTC [-]
jurov: one of necessary conditions
pgp: bp - your right about comparing to trading in midcap stocks
pgp: the same can be said of companies that ipo
pgp: often they float <10% of there shares and often aren't that liquid
pgp: mt gox makes it a closed system to a certain extent
jurov: i'd argue that fiat is "overliquid" since it has inflated supply so you have too high expectations
jurov: bitcoin is scarce, not easy to just lend 10k block
jurov: and use it to trade
assbot: [BTCTC] [B.YABMC] 1 @ 0.014 BTC [+]
jurov: but where you can take it from? someone will lend it to you
jurov: this isn't so easy with btc.. jus lend it on moment;s notice
jurov: tiberiusiv, all that "volume" and "liuquidity" on irl fin markets is thanks to leverage
jurov: and there were crashes every now and then
jurov: like we have now in btc
jurov: yes, and i do ask, where is the liquidity from?
jurov: from leverage, i say.
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.37 BTC [+]
pgp: leverage and credit lines are the key to liquidity in modern financial markets
jurov: gold covered money was not either. $1m could really create panic at its time
jurov: this is fiat at the moment
MJR_III: ugh i can't trade like this
jurov: how so? they are printing and loaning it out in hopes some greater fool will come and eat all the debt
jurov: tiberiusiv don't change the topic
jurov: you obvoisly aren't trying to understand what i'm saying :/
jurov: what i told in last 50 lines?
jurov: obviously if you aren't even replying to my point
MJR_III: jurov: he is not interested in your points, he will always change topics once you have proven him wrong yet again...
MJR_III: i ignored him long ago...i wish everyone else would
MJR_III: i know how tempting it can be to show someone who is obviuosly wrong how and where they are wrong...but i couldn't get sucked into that trap any more
MJR_III: he is banking on you getting invested in trying to show him the intelligent way of looking at things
MJR_III: he'll devolve into ad hominem, and any other logical fallacy
jurov: i know. but it's useful for me to try and explain, too, even if he isn't listening
MJR_III: i at least enjoyed reading your points
bgupta: Is there a relatively conventional futures market in btc?
assbot: [HAVELOCK] [SDICE] 2 @ 0.41999999 = 0.84 BTC [-]
jurov: so? you want to pump and dump and can't?
jurov: and it can get you more if ye weren't inept and bought mpoe options with these 12k in meantime
jurov: they are most liquid instrument there is
jurov: dude they are just covered by tens of thousands of btc.
MJR_III: cue talking shit about mircea_popescu
MJR_III: i can't see what he wrote but i'm guessing gypsy something
jurov: yea btc is illiquid hence everything is shit lalalalala
smickles: mp is just a greasy wanabe pimp
MJR_III: love that he can still surprise me
assbot: [HAVELOCK] [SDICE] 72 @ 0.41 = 29.52 BTC [-]
MJR_III: guessing his arguments from watching half the convo
MJR_III: how many people has he called poor? over/under 3
jurov: tiberiusiv nobody here agrees with you. so you must have indeed better understanding :)
taub: downpressure is stronger than ever
jurov: no i'm mere sockpuppet
jurov: so we finally arrived at name calling :D
jurov: seems i did convince you as well
jurov: granted, i did convince them first :)
jurov: yes? what did he try to sell you?
jurov: and how do you know for example iDiffs i'm selling aren't overvalued trash?
jurov: and you have obsession with undoing someone, i see :)
jurov: oh seems talking to self mode activated
assbot: [MPEX] [S.MPOE] 21636 @ 0.00067234 = 14.5467 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067326 = 3.3663 BTC [+]
jurov: sorry to disrupt your thought processes
assbot: [MPEX] [S.MPOE] 15664 @ 0.00067327 = 10.5461 BTC [+]
smickles: what've you got against psycopaths?
MJR_III: have we arrived at this point already?
smickles: psycopaths are usually productive members of society
jurov: yea, especially sociopaths are among the most productive
MJR_III: they say a lot of ceo's are sociopaths
smickles: i dunno about that, seems kinda off-handed remarkish
MJR_III: yeah, its more of an urban legend i suppose
MJR_III: i can't trade at all right now, bitfinex is fucked
smickles: MJR_III: what do you want to trade?
MJR_III: not sure...maybe just short at 92
MJR_III: its mostly for fun on my bitfinex account, i usually just lend out the money, but interest rates have dropped, so i am actively trading the account to try and grow it a bit
smickles: wow, you picked a winner of a site do trade on
MJR_III: lol, only margin trading platform really
smickles: icbit works better than this place
MJR_III: i was wondering though, and maybe mircea_popescu has some experience, but what if you used some sort of system to break up the channel of info
MJR_III: like have orders on a certain port
MJR_III: or if you had a vpn session or something
smickles: i bet they could direct ddos at any port
MJR_III: i wonder if you could create a fix engine in a web browser
MJR_III: i'm sure they could smickles
MJR_III: hence you have to have a valid logon
MJR_III: and then your trading session goes across that
smickles: you'd still have to negotiate the logon
MJR_III: i just had another idea...but not sure if it would work
MJR_III: you know how yubikey or any of those authenticators work?
MJR_III: what if you used that for port based connection
MJR_III: only registered customers could connect cuz they know what port to connect on
smickles: eventually, that port would be known
jurov: i'd use ssl certificate
MJR_III: no, the port constantly changes
jurov: with some ddos protection that supports ssl
MJR_III: but since your auth is changing the same way as their client
jurov: the ddos coinbr saw would have no problem penetrating all 65535 ports
Troic: hmm what good is a different port if your upstream connection is saturated ?
assbot: [BTCTC] [B.YABMC] 1 @ 0.007601 BTC [-]
MJR_III: thats what you were telling me
jurov: using various IP addresses instead of port may work
jurov: but you still need to expose some stable anchor where users authenticate
MJR_III: i still think that you could use the yubikey method
mircea_popescu: <jurov> but we also need someone to do it properly << i'm with him
jurov: hmmm... maybe create DNS entry <nextyubikeycode>.domain.com seems doable?
mircea_popescu: ppcoin sounds more like "what does this button do" than anything.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.787948 = 1.5759 BTC [+]
mircea_popescu: <pgp> often they float <10% of there shares and often aren't that liquid <<< /me grins
MJR_III: jurov yeah that is what i was thinking
Troic: nothing to stop the dosser getting the ip, well 30btc, unless each user has a differnt ip/isp
assbot: [MPEX] [S.DICE] 3 @ 0.0039999 = 0.012 BTC [+]
MJR_III: how would he get the token?
jurov: yes you need a pool of ips
MJR_III: only registered users would get it
MJR_III: and yes, a pool of ips, but that shouldn't be that hard
jurov: yubikey creates a pseudorandom string and you know what the strign is going to be, no?
jurov: as you issued the yubikey
Troic: pool of IPs on different AS, that is expensive, at least you can shut the account down :)
MJR_III: and it changes every 20 seconds according to a pattern that only you can tell]
jurov: bah, it can be just a bunch of spot instances or cheap vpses
MJR_III: i guess it would be similar to the one time password that gribble does
MJR_III: exactly, its just a simple authenticator which serves as a gatekeeper before you connect
Troic: 'bunch of spot instances or cheap vpses' all on same router for dos to target
jurov: Troic, on amazon you can have the instances on like 10 diff places
MJR_III: AWS instances in different zones?
jurov: for almost the same price, yes
mircea_popescu: some ninny actually took the time to blow them up one at a time
jurov: mircea_popescu cuz you didn't use amazon loadbalancer... granted, with 10TB traffic it would get a bit expensive :)
MJR_III: what is the cost of a ddos of that magnitude?
jurov: yes we were talink about that, but after experimenting i realized hiding these cheap vpses behind loadbalancer is the way to go
mircea_popescu: i hear 1gbit for 30 seconds is like 5-10 bux for random noob.
MJR_III: 10 terabytes? that has got to cost quite a bit
jurov: 10TB is around 300bux iirc
jurov: thre's maybe hope they are onyl counting legit traffic that ges through
jurov: i should research it
jurov: $0.008 per GB of data processed by an Elastic Load Balancer, no further details
jurov: plus $0.025 per Elastic Load Balancer-hour (or partial hour)
MJR_III: you could bring it up when the attack starts
MJR_III: and i think you would be blocking their expensive attack with a cheap shield
assbot: [HAVELOCK] [VTX] 10 @ 0.48 = 4.8 BTC [+]
taub: what do you guys think? up/down?
taub: I'm still bearish short term, this retracement isn't over
MJR_III: think we are somewhat stablising
MJR_III: i think we bounce between 92 and 88
MJR_III: maybe if gox lag gets bad quick spikes in either direction
MJR_III: mircea_popescu: so what is cloudflare actually doing for bitfinex
mircea_popescu: i dunno who was asking me about ddos protection services and i said they all have their issues
taub: bitfinex would work better if they would deploy on a more solid exchange
MJR_III: bitfloor has the best response time i think
taub: yea, its the least worst exchange i've seen
MJR_III: wish there was a better order interface
taub: okay mpex is the pinnacle, but for btcusd
MJR_III: also margin and shorting would be nice
jurov: mircea_popescu: options did exercise but old names still stayed
jurov: or it's scheduled for later?
MJR_III: also...roman told me that he could handle 2k orders per second
MJR_III: mircea_popescu: so if its the router...if it just drops all but a certain subset of traffic, can it still be overloaded?
MJR_III: mircea_popescu: so there is unblockable ddos?
jurov: if they flooded with fully legit gpg-encypted requests for example
KRS1: i dont think there is such a thing MJR
MJR_III: KRS1: a purely hardware overload
KRS1: you can filter it through a proxy
KRS1: thats what my friend does for a living..he mitigates attacks
MJR_III: KRS1: if the proxy is overloaded
KRS1: i know a bit about it being in IT but i'm not an expert in that area
MJR_III: well, i think every piece of hardware will have a limit
MJR_III: and this is just theorizing
MJR_III: but if any piece is overloaded (it could restart, or have its buffers flooded) you break the site
KRS1: the proxy typically is equipped for the traffic and then its filtered and sent to the customer
MJR_III: mircea was talking about terabytes of data
KRS1: the idea is that if you cant accept the traffic something needs to accept it for you that cant be overwhelmed
KRS1: even for terabytes of data
MJR_III: but my point is that as far as i know there is no device with unlimited capacity
ThickAsThieves: how many hours til newstyle options might be released?
KRS1: with additional hardware
MJR_III: so if you had a 100gb router (they exist) it could still be brought down
KRS1: sure why not...any distributed effort can be bigger than its target.
MJR_III: of course you probbably donb't need to stop theoretical attacks just make it impractical
KRS1: hopefully you have something that can accept the traffic that can handle it
MJR_III: but for example, i am setting up an stunnel to bitfloor
MJR_III: so worst case if the site goes down, that should not bring down my stunnel
assbot: [BTCTC] [GSDPT] 14 @ 0.00385 = 0.0539 BTC [-]
assbot: [BTCTC] [GSDPT] 20 @ 0.00381 = 0.0762 BTC [-]
MJR_III: so for an institutional client, some sort of vpn on dedicated hardware is probably best
KRS1: encryption adds a lot of overhead
KRS1: i think i see what you are saying
KRS1: what would be the target though
KRS1: hopefully multiples that can failover if need be
KRS1: the cisco ASA can vpn too
MJR_III: and 6509's 2 of them VSS'd
KRS1: dont forget about bandwidth when setting up stunnel, encryption adds overhead
MJR_III: hmmm, what is the best router out there?
MJR_III: the asa is actually a firewall right
assbot: [HAVELOCK] [HIM] 2 @ 1.895 = 3.79 BTC [+]
MJR_III: juniper makes some nice stuff
MJR_III: fuck when i finally got back on bitfinex i am greeted by the position i didn't know i had
MJR_III: it actually is not that bad of a position though...short at 90.50
jurov: mircea used vwap 90.34 ??? quite a boost we got there :P
MJR_III: i exercised at 71, what a sucker i am
MJR_III: that was awesome, my local pizza place delivered me cigarettes
MJR_III: i wonder...how will ipv6 change the DDOS landscape
KRS1: router-depends on what you use it for
KRS1: ipv6 is just a transport mechanism not sure it would matter
MJR_III: you could have a MUCH greater address pool
KRS1: sorry i mean addressing method
MJR_III: and also you wouldn't have to worry about NATing
KRS1: yeah ipv6 would increase the # of ddos participants against the target if you could ever get there
KRS1: router- depending on the application
jurov: lol certain lucky coinbr user made 4 btc out of one using calls (not tibby obviously)
jurov: thestringpuller don't be impatient :)
jurov: so all the bonds that went below 100BTC will be paid out automatically or we need to ask?
assbot: [BTCTC] [S.MPOE-PT] 700 @ 0.000617 = 0.4319 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 120 @ 0.000616 = 0.0739 BTC [-]
jurov: mircea_popescu: and why so high vwap got used? did it really fell from 90.34 to 89.55 in 10 minutes?
taub: i dont like this price action one bit
mircea_popescu: there's a lot of volume right at the edge of the rolling window
MJR_III: wow mircea_popescu, that did make me nauseous
assbot: [HAVELOCK] [SDICE] 1 @ 0.4 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4199 BTC [+]
jurov: converted even bad news into sales pitch...
jborkl: we all knew the bot was going to beat like rodney king
MJR_III: but why did bugpowder think that would affect dividends
jurov: mpex.co now looks so easily comprehensive, all options gone
MJR_III: bitfinex sucks, they don't actually send orders out, but whatever engine they have doesn't send them out quickly enough, which partially gox's fault
MJR_III: it traded down to 87 without me getting filled
assbot: [HAVELOCK] [SDICE] 10 @ 0.4 = 4 BTC [-]
jurov: 20 to 200 with step 3 planned? we'll have 244 new options then...
MJR_III: wouldn't it be 90 puts and 90 calls for each month?
jurov: no, 61 puts and 61 calls
jurov: if i'm to believe this oocalc thing
assbot: [HAVELOCK] [SDICE] 50 @ 0.4 = 20 BTC [-]
assbot: [HAVELOCK] [SDICE] 30 @ 0.4 = 12 BTC [-]
MJR_III: lol, thats why i should use gribble
assbot: [HAVELOCK] [SDICE] 40 @ 0.4 = 16 BTC [-]
jurov: C750 to be upgraded to C77, yum
MJR_III: looking forward to sdice financials this month
MJR_III: jurov: isn't that downgraded?
MJR_III: unless you were short i suppose
MJR_III: but if i was long that call i would have rather gone to 74
smickles: BUY|O.USD.C920T|7|11344696 <<< does that look wrong to anyone :D
Diablo-D3: no because I have no clue wtf it says
jurov: that looks VERY bullish
jurov: Diablo-D3: smickles wants option to buy 7 BTC at $920 each :)
assbot: [HAVELOCK] [SDICE] 1 @ 0.4 BTC [-]
jurov: at measly 1.134 per option
assbot: [HAVELOCK] [SDICE] 2 @ 0.4 = 0.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4 = 0.8 BTC [-]
assbot: [HAVELOCK:SDICE] 1D: 0.35000000 / 0.41321889 / 0.46500000 (457 shares, 188.84103088 BTC), 7D: 0.35000000 / 0.45346676 / 0.53000000 (1701 shares, 771.34695284 BTC), 30D: 0.35000000 / 0.5143263 / 0.68950000 (6033 shares, 3102.93054732 BTC)
Diablo-D3: but I bought a bowl and everything :<
MJR_III: would it be fun to have an open cry pit for bitcoins?
assbot: [MPEX] [S.MPOE] 3600 @ 0.00067327 = 2.4238 BTC [+]
MJR_III: i mostly want to do it for the cool jackets...
smickles: ok, what's wrong with BUY|O.USD.C89T|7|12279228 ?
smickles: mircea_popescu: why does it show on mpex.co as C89T?
mircea_popescu: so : the mpsic change is complete. if you had N's that were realocated they should show up.
mircea_popescu: the entire thing is trading under supervision and stuff may be rolled back if there's issues.
taub: thats a lot of options :D
MJR_III: what do you think mircea_popescu, trading jackets and open cry pit?
MJR_III: plus the hand signals look cool
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.78791 = 3.9396 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.787948 = 2.3638 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78795 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.788 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.78895 = 7.8895 BTC [+]
thestringpuller: mircea_popescu: that was the saddest financial report ever
taub: oh sick bids @ mtgox
gribble: There are currently 8425.506 bitcoins offered at or under 94.0 USD, worth 779353.416378 USD in total. | Data vintage: 72.7984 seconds
gribble: smickles was last seen in #bitcoin-assets 14 minutes and 57 seconds ago: <smickles> oh, it just changed
mircea_popescu: <MJR_III> it traded down to 87 without me getting filled << usually the sign of bucket shoppery.
gribble: There are currently 16363.067 bitcoins demanded at or over 85.0 USD, worth 1467808.69682 USD in total. | Data vintage: 0.0052 seconds
gribble: There are currently 46099.881 bitcoins demanded at or over 75.0 USD, worth 3796776.10301 USD in total. | Data vintage: 26.1647 seconds
mircea_popescu: <jurov> C750 to be upgraded to C77, yum << you mean 74 ?
jurov: yes i stand corrected
MJR_III: that is a huge ass wall at 92
MJR_III: this movie is pretty fun to watch
Chaang-Noi: 10k and growin, like 13k now... bull trap maybe? get people to place bids at 92, then crash market? :)
mircea_popescu: i might have lost 15k rthis month, but on the upside who the duck else has monthly report and whole mpsic changeover in 2 hours ?
MJR_III: mircea_popescu yes, nice transition
MJR_III: this is the most interesting thing about trading, is that for every trade there is someone else on the other side
MJR_III: and i think economics forgets that at times
MJR_III: and people who trade with each other a lot, its like your win can be their loss
MJR_III: yeah looks like we are headed to 94 for sure
Chaang-Noi: lol, like im going to scare the bulls :)
Chaang-Noi: we might get 100 before april after all
gribble: There are currently 23844.076 bitcoins offered at or under 100.0 USD, worth 2309880.5722 USD in total. | Data vintage: 63.0708 seconds
Chaang-Noi: asic miner, too many rich holders eh? well lets wait for the 260 ghs :)
assbot: [MPEX] [S.MPOE] 2282 @ 0.00066531 = 1.5182 BTC [-]
assbot: [MPEX] [S.MPOE] 6068 @ 0.00066529 = 4.037 BTC [-]
assbot: [MPEX] [O.USD.C098T] 230 @ 0.22099114 = 50.828 BTC
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 66.95953589 / 85.06143152 / 85.06556611 (111084 shares, 22,108.25 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
jurov: MJR_III: coinbr should be done too
assbot: [MPEX] [O.USD.P050T] 8 @ 0.0157744 = 0.1262 BTC
MJR_III: jurov: have we gotten divs yet?
jurov: s.mpoe hasn't paid yet
jurov: oh yes, i must tell to deprived they weren't in order
MJR_III: i take it you are a recipient of the double cherry truck award?
jurov: yea, i have drawn it and awarded mpex. got 5btc in return :)
jurov: in memory of Patrick Harnett
mircea_popescu: jurov : if you have any artist friends you can always troll them
mircea_popescu: by pointing out that they don't ger 500 bux for a vignette
assbot: [BTCTC] [B.YABMC] 1 @ 0.01449 BTC [+]
MJR_III: lets see that wall disappear
assbot: [BTCTC] [B.YABMC] 1 @ 0.0145 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.016 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.017 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.019 BTC [+]
jurov: yea. that was actually second time i won some such contest
assbot: [BTCTC] [B.YABMC] 11 @ 0.01966 = 0.2163 BTC [+]
MJR_III: so, did you transfer rights to the double cherry truck award to mpex, or do you retain the rights to award said trophy
jurov: MJR_III: i guess once btc will rise enough, i can find lawyer to pick the case pro bono
MJR_III: i think that award will be worth a lot in the future...i would like to be a recipient of the double cherry truck award, but i think that the moody's triple a rating will be slightly smoky dragon
mircea_popescu: i'm gonna have to come up with criteria to award these now
jurov: and i'll be awarding ravaging mermaid
jurov: kakobrekla: you should make banners with rotating bets and put them on reddit, some bet fall quickly into obscurity
jurov: especially some i'd like to bet moar
Chaang-Noi: large drama on bitcoin talk = large bets
Chaang-Noi: a company to profit off of bitcoin drama, best idea evar
jurov: Chaang-Noi: have you seen the one "bitcointalk treasurer to be scammer tagged"?
Chaang-Noi: i expect Og to be the scammer of the group
Chaang-Noi: also dont forget theymos is the guy who hands out tags:)
mircea_popescu: o also, someone be kind enough to put march report on reddit ?
MJR_III: who put up that wall and to what end?
Chaang-Noi: want has btc or want has btc price move up?
gribble: BTCUSD ticker | Best bid: 92.52001, Best ask: 92.74995, Bid-ask spread: 0.22994, Last trade: 92.74995, 24 hour volume: 73187.25009339, 24 hour low: 85.50000, 24 hour high: 94.00000, 24 hour vwap: 90.09023
assbot: [BTCTC] [S.MPOE-PT] 47 @ 0.000607 = 0.0285 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.797793 = 2.3934 BTC [+]
gribble: There are currently 34671020 bitcoins demanded at or over 0.0 USD, worth 10482734.1184 USD in total. | Data vintage: 0.0176 seconds
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.797794 = 7.1801 BTC [+]
gribble: There are currently 18564.837 bitcoins offered at or under 99.91 USD, worth 1797672.6472 USD in total. | Data vintage: 0.0022 seconds
gribble: There are currently 20005.793 bitcoins demanded at or over 85.0 USD, worth 1792948.69182 USD in total. | Data vintage: 25.0206 seconds
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3451 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.38000001 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.88 BTC [-]
gribble: Current Blocks: 228740 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1083 blocks | Next Difficulty In About: 6 days, 2 hours, 50 minutes, and 50 seconds | Next Difficulty Estimate: 7311735.07761 | Estimated Percent Change: 9.1984
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.8 = 3.2 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.79 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.771 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.77 = 3.85 BTC [-]
gribble: BTCUSD ticker | Best bid: 91.30001, Best ask: 91.98999, Bid-ask spread: 0.68998, Last trade: 91.30000, 24 hour volume: 68373.91210877, 24 hour low: 85.50000, 24 hour high: 94.98000, 24 hour vwap: 90.17684
assbot: [MPEX] [S.MPOE] 2200 @ 0.00066394 = 1.4607 BTC [-]
assbot: [MPEX] [S.MPOE] 7868 @ 0.00066409 = 5.2251 BTC [+]
assbot: [MPEX] [S.MPOE] 1347 @ 0.00067673 = 0.9116 BTC [+]
assbot: [MPEX] [S.MPOE] 36 @ 0.00067674 = 0.0244 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.37 = 1.11 BTC [+]
assbot: [BTCTC] [COGNITIVE] 7 @ 0.1565 = 1.0955 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.37 = 0.74 BTC [+]
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.00158 = 0.0158 BTC [+]
assbot: [MPEX] [S.MPOE] 18664 @ 0.00067674 = 12.6307 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.485 BTC [+]
assbot: [BTCTC] [GSDPT] 20 @ 0.00399 = 0.0798 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1059 BTC [+]
assbot: [MPEX] [O.USD.C092T] 600 @ 0.24766633 = 148.5998 BTC
assbot: [MPEX] [S.MPOE] 936 @ 0.00067685 = 0.6335 BTC [+]
assbot: [MPEX] [S.MPOE] 1214 @ 0.00066805 = 0.811 BTC [-]
assbot: [MPEX] [S.MPOE] 5901 @ 0.00067952 = 4.0098 BTC [+]
assbot: [MPEX] [S.MPOE] 299 @ 0.00067955 = 0.2032 BTC [+]
assbot: [MPEX] [S.MPOE] 7586 @ 0.00066805 = 5.0678 BTC [-]
assbot: [MPEX] [S.MPOE] 912 @ 0.00066394 = 0.6055 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.81 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.485 BTC [+]
assbot: [MPEX] [S.MPOE] 25400 @ 0.00067955 = 17.2606 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 22 @ 0.8 = 17.6 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.37 BTC [+]
assbot: [MPEX] [S.MPOE] [PAID] 196.89044015 BTC to 500`000`000 shares, 39 satoshi per share
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.37 = 0.74 BTC [+]
greenglue: is there any sort of stock market for BTC? other than MPEx which costs 30BTC to join
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067953 = 3.3977 BTC [-]
assbot: [MPEX] [S.MPOE] 37 @ 0.00067955 = 0.0251 BTC [+]
assbot: [MPEX] [S.MPOE] 2863 @ 0.00067955 = 1.9456 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.007701 BTC [-]
assbot: [MPEX] [S.MPOE] 2050 @ 0.00067955 = 1.3931 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.4999 BTC [+]
ThickAsThieves: wtb 5000+ SDICE pm if you have fair price (below current market asks)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.0041 BTC [+]
assbot: [BTCTC] [GSDPT] 399 @ 0.0041 = 1.6359 BTC [+]
pgp: question: MPEX support a socket based implementation for requesting trades from a certain seq number forward. Why isn't there something like that for quotes?
assbot: [HAVELOCK] [SDICE] 1 @ 0.41499999 BTC [+]
assbot: [BTCTC] [GSDPT] 25 @ 0.00409 = 0.1023 BTC [-]
taub: hm, maybe there wont be a big second downmove from here
ThickAsThieves: i have bids up, was just fishing to see if there were any sellers inside the spread that dont have asks up
Bugpowder: Historically it averages 12% return on notional exposure a month
Bugpowder: It's all in the financial statement
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.39999999 BTC [-]
Bugpowder: This was always possible, very clearly so
assbot: [HAVELOCK] [SDICE] 1 @ 0.4 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 7 @ 0.106 = 0.742 BTC [+]
OneMiner: There's no doubt that this is self aggrandizing trolling. If what you are saying is the truth or not you're trying to make yourself the center of attention. Knock it off.
Bugpowder: Actual losses of principal were 19k of which mircrea provided 75% of
OneMiner: Ya, just wanted to pass into. Like everything you've said about it and how your opinion matters so much. Don't flood.
ThickAsThieves: my only question is, has the bot algo been adjusted to mitigate this exposure in the future
Bugpowder: Well considering the max bond exposure is always less than the total capital, indefinitely.
Bugpowder: Although the bot liquidity might go bye bye
assbot: [HAVELOCK] [SDICE] 4 @ 0.4 = 1.6 BTC [+]
ThickAsThieves: but if MP lost that much covering the bonds, I'd like to hear if changes have been made to mitigate
ThickAsThieves: Bug who are you talking to, i must have them on ignore
Bugpowder: Anyway, if you dont understand the risks of being a bond holder, you should probably go back to the gloves kiddy pool
assbot: [BTCTC] [GSDPT] 9 @ 0.00409 = 0.0368 BTC [-]
Bugpowder: Because he didn't understand the real risks
ThickAsThieves: MPs losses are a small portion of his assets, but I have to assume he will asjust exposure of the bot after this, no?
Bugpowder: Mpoe bonds never seemed like a good value prop To me.
ThickAsThieves: right, so rather than litter this chan with bitching, I'm just asking what I think is a sensible question,
mircea_popescu: <ThickAsThieves> my only question is, has the bot algo been adjusted to mitigate this exposure in the future << no.
ThickAsThieves: MP, so you'll continue to take on the majority liability of the bot?
mircea_popescu: Bugpowder the issue is that people make assumption based on the algo as is
mircea_popescu: the correct fix is for bond ppl to set appropriatge interests
mircea_popescu: not for me to dick around in the fabric of the universe.
ThickAsThieves: but the sustainability of your setup is in danger if price continues to move violently
mircea_popescu: ThickAsThieves i've always backstopped the bot, since day one.
mircea_popescu: Bugpowder anyway, the variance would be fucking high. +400% a month fml.
OneMiner: Why is the whole internet a troll magnet? Be respectful, please.
Bugpowder: And for me, if I don't see what I consider to be mispriced options, I'm not going to buy them
OneMiner: Just don't be rude about it. There's no reason to be a jerk.
OneMiner: Cool, say it once and be done.
Bugpowder: Not seeing it. I'm seeing clear contracts traded and honored
Bugpowder: What about covered exposure are you pretending you don't understand?
OneMiner: I personally don't know and don't hold any of this asset. But I'm being prevented from listening to any intelligent talk about the issue by trolling.Wether you think you are justified or not.
assbot: [MPEX] [O.USD.C092T] 575 @ 0.24943748 = 143.4266 BTC [+]
mircea_popescu: fucking hell am i going to be paying .6 btc worth 200 each on these ?
mircea_popescu: i tell you, running the options book is the worst fucking racket there is. when you get no trade you're depressed, when you do get trade you're worried.
OneMiner: Oh lord. +b tiberiusiv He's just repeating himself over and over.
mircea_popescu: OneMiner prolly ignore works better than banning people.
OneMiner: Ignore is confusing. Can't tell who is talking to who.
mircea_popescu: it DOES make unignored people look like muppets when they're in effect talking to themselves lol
Bugpowder: Ciuciu is back! I thought he was gone after robbing everyone
mircea_popescu: Bugpowder girl said he was there to warn everyone about her shirt
assbot: [MPEX:S.MPOE] 1D: 0.00066393 / 0.00067378 / 0.00068314 (591559 shares, 398.58 BTC), 7D: 0.0006 / 0.00066121 / 0.00071369 (2268750 shares, 1,500.12 BTC), 30D: 0.0006 / 0.00073136 / 0.00078628 (17700228 shares, 12,945.38 BTC)
assbot: [MPEX] [O.USD.C089T] 120 @ 0.26539875 = 31.8479 BTC
thestrin1puller: there is a 29k loss for bondholders, maybe bondholders aren't mpoe holders
mircea_popescu: then again... i guess i can see it. shareholders don't care, not their skin. made a 39 per which is not really much lower than usual
mircea_popescu: thestrin1puller they are lol. i hold most of mpoe and held most of the bond book >.<
thestrin1puller: mircea_popescu: what's the plan to bring MPOE bot to MPOE bot 2.0
ThickAsThieves: how are bonds purchased, other than thrue the coinbr bitfunder assets?
mircea_popescu: ThickAsThieves you send no less than 100 btc to 1JPvucRfu3ZzEvfBUQTJwsxMrZjeTqD6zR ending in 888 (so like 100.00000888) after you've emailed me stating your beneficiary addy and desired %
thestrin1puller: dunno, seems the bot has trouble with times of extreme volatility
mircea_popescu: listen, there's no way to make a bot so you always win.
ThickAsThieves: sensible, but it seems odd to be THAT exposed in the algo
mircea_popescu: but this is what it does. mpoe bot is in the market of buying exposure.
mircea_popescu: so other people can sell their exposure and increase their safety.
mircea_popescu: it's sort of like insurance, if you will. you pay a little every month
mircea_popescu: when a hurricane hits the insurer pays through the teeth.
mircea_popescu: thestrin1puller well they don't really. the idea is they're taking on risk for a high %
mircea_popescu: mpoe-bonds are pretty much the highest reward / highest risk actgion in btc.
ThickAsThieves: the history of gained % seems a bit disproportionate to the risk
mircea_popescu: if that's true then bondholders have been mispricing their %
mircea_popescu: well ya on this month. i rarely participate in the actual market.
mircea_popescu: as in, i don't set a %, i just take whatever the max was
DeaDTerra: WTS GSDPT shares and BTCQuick shares :)
thestrin1puller: mircea_popescu: why not create a war chest? For times like thse.
mircea_popescu: atm mpoe is a 0 capital venture, which is a good thing.
assbot: [MPEX] [S.MPOE] 9014 @ 0.00067281 = 6.0647 BTC [-]
thestrin1puller: I've used the same model for some of my real life ventures, it's a very good model in that you view capital as "equipment"
assbot: [HAVELOCK] [VTX] 10 @ 0.48 = 4.8 BTC [-]
assbot: [HAVELOCK] [VTX] 6 @ 0.4994 = 2.9964 BTC [+]
assbot: [HAVELOCK] [VTX] 12 @ 0.4995 = 5.994 BTC [+]
assbot: [HAVELOCK] [VTX] 72 @ 0.4999 = 35.9928 BTC [+]
thestrin1puller: however it's the riskiness involved in "borrowing" the capital (can it be paid back /w interest)
Scrat: the trolling potential of this channel is quite high. how could I miss this
assbot: [HAVELOCK] [SDICE] 1 @ 0.41499998 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41499999 BTC [+]
assbot: [HAVELOCK:HIM] 1D: 1.88000000 / 1.89 / 1.89500000 (3 shares, 5.67000000 BTC), 7D: 1.41000000 / 1.72614891 / 2.00000000 (182 shares, 314.15910103 BTC), 30D: 1.40000000 / 1.82208764 / 17.25000000 (716 shares, 1304.61475269 BTC)
taub: I guess I can now go to my grave having contributed ~15k BTC of my own to the stabilisation of BTC <- was that big push you yesterday? :>
mircea_popescu: <Bugpowder> Mpex is a sideshow <<< if it weren't for mpex there'd have been no divs this month at all.
Bugpowder: In terms of the main profit engine
Bugpowder: Mpoe has provided most of the returns and volatility
assbot: [HAVELOCK] [HIM] 5 @ 1.93 = 9.65 BTC [+]
mircea_popescu: mpex makes sure there's warm server soup on the table.
benkay: isn't that what the help is for?
assbot: [HAVELOCK] [KCIM] 1 @ 1.198 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.41499998 = 0.83 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.41499998 = 1.66 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 24 @ 0.37 = 8.88 BTC [+]
taub: yesterday on mygox there suddenly was 15k on the bid
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7701 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7701 = 1.5402 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.77 = 1.54 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7653 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.7605 = 4.563 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.7603 = 6.0824 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7602 = 7.602 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.75 = 4.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.75 = 3 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 38 @ 0.74 = 28.12 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 5 @ 0.38 = 1.9 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.1999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41499998 BTC [-]
assbot: [BTCTC] [GSDPT] 48 @ 0.00409 = 0.1963 BTC [-]
taub: but mpex either needs more horrible traders
taub: or you could start hedging your options
taub: to bring down that big variance...
taub: you're basically operating a bucket shop
taub: but not enough suckers
taub: who lose on their options
taub: because you take the other side of each trade, if traders only win against you then you lose money
taub: in forex i thought it was, a broker taht assumes most of their customers are gonna lose money
mircea_popescu: but anyway : mpoe can't hedge. what it does is it allows others to hedge against it.
benkay: would you elaborate on what a bucket shop is and why MPEx is not that?
taub: the exchange i solid
taub: the option bot is the worrysome part
benkay: i also do not understand the option bot's behavior.
taub: mircea_popescu: if the underlying volume and depth cant support your options you shouldnt be offering them like that maybe ;)
jurov: lol all the hate. inbetween, coinbr got possibly most deposits in one day in few hrs i was afk
benkay: or its role. mircea_popescu, would you elaborate on the bot's role?
jurov: they will be processed shortly
assbot: [HAVELOCK] [VTX] 20 @ 0.4999 = 9.998 BTC [+]
mircea_popescu: a bucket shop is a currently illegal, historically popular venue to take side bets on stocks.
jurov: as well as mpoe dividend
mircea_popescu: the operator would offer very high margin and trade with low net worth parties who couldn't participate in the real marketsd.
mircea_popescu: mpex does offer stocks, but that's not under discussion here. as for the derivative trade, ie options, these are a different market from the underlying.
taub: most forex brokers still operate like that
benkay: yes, that makes sense. and the bot?
mircea_popescu: okay. the bot itself is a primary seller of safety in btc.
assbot: [MPEX] [S.MPOE] 10143 @ 0.00067879 = 6.885 BTC [+]
benkay: I don't understand the phrase "seller of safety in btc".
mircea_popescu: this is what it does. if i go buy safety somewhere else then i'm no longer PROVIDING it
assbot: [HAVELOCK] [SDICE] 1 @ 0.41499999 BTC [+]
mircea_popescu: benkay take the insurance example, because it is really very apt.
mircea_popescu: it would be beneficial for them to buy flood insurance.
mircea_popescu: the only way to actually underwrite this is to have a lot of money, sign insurance policies with the farmers.
taub: i dont think thats how real option issuer work tho
mircea_popescu: the alternative would be to simply re-buy insurance somewhere else. but this isn't underwriting, this is simply trading.
mircea_popescu: i'm not trading volatility, i'm actually providing the hedge endpoint.
mircea_popescu: or if you prefer the example of the internet : second, third and higher tier providers BUY bandwidth.
mircea_popescu: but the 1st level providers don't buy it, cause there's nobody to buy it from
mircea_popescu: the moment i go in the market to hedge i'm basically releasing all the risk out there. this isn't waht mpoe does. mpoe just soaks up the risk.
benkay: thanks mp, i understand the mechanism a little better now. what I still don't understand is what the MPOE bot is up to.
thestrin1puller: "You can't pull yourself up by your breeches and for the very same reason you can't have everybody in the market hedge. Someone needs to provide the support everyone else relies on to hedge. I'm that someone." - MP
benkay: we are engaging in a discussion of this topic, yes
benkay: no as in like wtf is it actually doing
benkay: how does it decide where to place its bids?
benkay: so it behaves as just another trader?
benkay: providing liquidity to the market?
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 55.14018691 / 85.06423935 / 85.06556611 (111010 shares, 22,104.19 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
taub: they are binary options yea? dont think i quite understand their pricing from 0 to 1
benkay: what exchange-proprietary information does the bot get access to?
benkay: obviously you have to say that.
thestrin1puller: am I the only one who feels bad for this month's bond holders?
bitesak: thanks mp for the service you provide;
jurov: mircea_popescu: exercises are not public
mircea_popescu: bitesak i'd normally say my pleasure... but this month was a little rough.
bitesak: do you adjust the algo going forward to take into consideration what causes big losses?
jurov: no replies on btctalk so far... but we'll see when ppl come to bitfunder to receive only 0.081 pre share
thestrin1puller: "All complaints of bondholder loss should be directed to Bugpowder who now holds your money"
jurov: heh, i made some myself, tooo
mircea_popescu: poor guy lol. one day he's claiming market success like what... 99% of all internet ppl in financial rooms
thestrin1puller: Maybe he'll start a company to benefit bitcoin (yay optimism LOL)
jurov: he;'ll benefit tesla motors
thestrin1puller: tiberiusiv: option writers make the most money when there is no volatility in the underlying security
assbot: [HAVELOCK] [SDICE] 3 @ 0.41499998 = 1.245 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.00337335 / 0.00368422 / 0.0039999 (14099 shares, 51.94 BTC), 7D: 0.0031 / 0.00338624 / 0.0045 (675573 shares, 2,287.66 BTC), 30D: 0.00300001 / 0.00449093 / 0.00637777 (1675373 shares, 7,524.00 BTC)
jurov: thestrin1puller: he knows everything, no need to explain anything to him. and ofc, thars NO LIQUIDITY
thestrin1puller: Up until this month MPOE bonds were profitable long term (all profits + all losses > 0)
jurov: tiberiusiv: ofc, if mp goes out of money he stops sellin options. happened before already
thestrin1puller: I know they are, this month they are, just like an insurance company loses money during a natural disaster...
jurov: tiberiusiv: those who profited by buying calls see the credibility soar :)
thestrin1puller: insurance companies also have reserves they invest to hedge that risk...
thestrin1puller: that's not up to mircea_popescu it's up to his bondholders
benkay: that's an expansive claim.
benkay: what sheet, tiberiusiv?
jurov: tiberiusiv: there's mircea's private activities like MPHF
jurov: = shorting GLBSEsque assets
thestrin1puller: mircea_popescu: are ALL your financials public knowledge? lets clear this up
mircea_popescu: thestrin1puller no. i paid twennyfive dollars for a girls pair of stockings out of pocket yesterday.
benkay: how many months of 15k losses can MPEx/Mircea Popescu sustain?
thestrin1puller: mircea_popescu: it seems tiberiusiv knows your financials because they are all public
jurov: thestrin1puller i told ya, he knows everything
benkay: i suppose. does polimedia srl's corporate structure provide for funding MPEx?
mircea_popescu: it's a romanian-based llc (srl in romanian) that i own ~99% of
benkay: then, how many months of 15kbtc losses can the exchange sustain?
thestrin1puller: mircea_popescu you make a bunch of people rich this month, and people still complain...
mircea_popescu: thestrin1puller ya well, the thing is this : mpoe and mpex are VERY complex, well thought out intricately designed gems.
mircea_popescu: "people" have been busily ignoring it for the past year or two
mircea_popescu: now "people" are confronted with the rude awakening of reality. kinda bound to be a little thrashing about.
gribble: Error: "bc,24hprc" is not a valid command.
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.792 = 3.168 BTC [+]
gribble: BTCUSD ticker | Best bid: 90.49001, Best ask: 90.50000, Bid-ask spread: 0.00999, Last trade: 90.50000, 24 hour volume: 51005.98011536, 24 hour low: 85.50000, 24 hour high: 94.98000, 24 hour vwap: 90.64316
bitesak: Roumania is taking Europe over__
benkay: ooh. what's the difference between MPOE and MPEx?
jurov: MPOE is the options trades, MPEx is the exchange
thestrin1puller: Hmm. mircea_popescu could one externally hedge risks of being a bondholder with other investments no?
assbot: [HAVELOCK] [KCIM] 7 @ 1.198 = 8.386 BTC [-]
jurov: thestrin1puller hedge them by buying options :D
mircea_popescu: bitesak lol considering the state of finances everywhere in europe vs romania... that's not quite so far off.
thestrin1puller: mircea_popescu: for instance I put x BTC in Bonds during a bad month, but some other investment say, S.DICE growth, effectively neutralizes my bond losses
mircea_popescu: to hedge you would need things which for good reason move in opposing directions.
jurov: thestrin1puller: BTC growth itself effectively neutralized your bond losses, don't forget
mircea_popescu: if you have 105 btc and put 100 btc into mpoe bonds expect a wild ride.
mircea_popescu: jurov that is a point, in fiat terms the bondholders made money :D
mircea_popescu: actually... this is interesting. from a purely fiat perspective mpoe bonds may be one of the best btc-investments you can make.
bitesak: I have been saying that for sometime in Switzerland :)
jurov: tiberiusiv, you forget there's someone who actually sees your portfolio and call you on your BS
mircea_popescu: thestrin1puller thinking more about your question : it would seem to me there is some relation here:
mircea_popescu: MPOE bonds make money on calm fx market, lose money on volatility.
assbot: [MPEX] [S.DICE] 1750 @ 0.0039999 = 6.9998 BTC [+]
mircea_popescu: so maybe the best play is a weighted binary portofolio, bonds and mtgox shares
mircea_popescu: it's moot practically as they're not listed, but since we're discussing theory.
taub: mtgox makes money on volume, not volatility
jurov: tiberiusiv, i actually did it once when everyone was like "half reward is coming, brace ur"
jurov: i did a split, sold both puts and calls
jurov: and indeed nothing happened then
jurov: but won't dare to repeat it
mircea_popescu: i guess btc is still very much a contrarian market. whatever the public consensus is, it's prolly wrong.
jurov: that kakobrekla fella
mircea_popescu: kakobrekla what's it like there ? i can't make sense of all the bs i'm reading.
jurov: about impending doom
kakobrekla: fyi italy is in yurop and you worry bout slovenia?
jurov: slovenia to sunk into adriatic, austrians want some coastline :D
assbot: [MPEX:S.DICE] 1D: 0.00337335 / 0.00371908 / 0.0039999 (15849 shares, 58.94 BTC), 7D: 0.0031 / 0.00338783 / 0.0045 (677323 shares, 2,294.66 BTC), 30D: 0.00300001 / 0.00449042 / 0.00637777 (1677123 shares, 7,531.00 BTC)
brianethier_: With a lot of headecks, we managed to put together another site from wich you can buy Amazon Gift Cards with Bitcoins. You no longer need an account, it’s much simpler to use now. We received a lot of complaints that user accounts are not necessary so we removed them. We are still a bit rugged, but donations are open so you can donate (if you want to) so we can improve the site. The new site is at:
http://amazonbitco thestrin1puller: mircea_popescu: it seems you win again ;) I would say, all and all for a month that is a beating, you have come out relatively unscathed...
mircea_popescu: why can't he participate in the chan like normal human beings.
jurov: what are headecks?
jurov: something like tinfoil hats, just for stupidity?
jurov: his previous post is also interesting
jurov: not US resident anymore
KRS1: <tiberiusiv> and it will be even harder now
KRS1: <tiberiusiv> with BTC deflation
KRS1: I thought BTC wont go through deflation period until almost mined up
KRS1: maybe i dont understand the context..but..
KRS1: from what I understand about economics, like inflation deflation is not necessarily good
KRS1: so this is a good case of deflation
ThickAsThieves: alternative idea for channel bannings: offer ignore bounties, pay .001 to anyone that ignored the desired person, if you are caught responding to that troll you pay .1 penalty, profits go to assbot dev
KRS1: How do you get that figure mircea popescu
KRS1: thats low as far as im understanding it and not bad either
KRS1: these are all good indicators i think
mircea_popescu: (the exact way is left as an exercise to the user, seeing how depending on how you do it you get diff results)
jurov: CoinBr.MPBPT-O paid out, 0.07679501 BTC per share (nominal value 0.1 BTC)
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.795 = 1.59 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.7999 = 3.1996 BTC [+]
gribble: BTCUSD ticker | Best bid: 90.80001, Best ask: 90.98999, Bid-ask spread: 0.18998, Last trade: 90.98999, 24 hour volume: 49893.62640319, 24 hour low: 85.50000, 24 hour high: 94.98000, 24 hour vwap: 90.70184
toffoo: prolly not going to be over easter holiday weekend
toffoo: gotta wait for the snail banks to open again to get more fresh buying funds into the market
gribble: There are currently 16264.821 bitcoins demanded at or over 85.0 USD, worth 1422076.42737 USD in total. | Data vintage: 0.0064 seconds
toffoo: looks like maybe litecoin is the one that's rockin to new highs these days
gribble: There are currently 6698.9219 bitcoins demanded at or over 88.0 USD, worth 596157.374234 USD in total. | Data vintage: 5.3952 seconds
gribble: There are currently 11822.091 bitcoins offered at or under 96.0 USD, worth 1113104.50621 USD in total. | Data vintage: 21.2181 seconds
gribble: There are currently 3311.6116 bitcoins offered at or under 93.0 USD, worth 306592.030934 USD in total. | Data vintage: 33.4255 seconds
toffoo: maybe litecoin will cross $1 before bitcoin crosses $100
assbot: [MPEX] [S.MPOE] 971 @ 0.00067327 = 0.6537 BTC [-]
toffoo: well it's worth $0.81 right now ...
toffoo: i'd managed to ignore it all all other *coins until now,
toffoo: but this month it has gotten my attention
ThickAsThieves: all in all I'd have been better off not dabbling in LTC at all, other than that it introduced me to Deprived, who's pretty interesting
assbot: [HAVELOCK] [HIM] 1 @ 1.94999999 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.97999999 = 3.96 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.98 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.99999999 BTC [+]
kakobrekla: ThickAsThieves why would you be better off
kakobrekla: made 100% in 3 days or so and never looked back
toffoo: well, my investment thesis is something like the following:
toffoo: i've always followed pretty closely the effect of difficulty on bitcoin prices,
toffoo: and now with ASICs moving that to the moon,
toffoo: the feeling is that a lot of the GPU mining farms will drop out and start mining litecoin,
toffoo: which will cause it's difficulty to start rising,
toffoo: and therefore market prices are following
kakobrekla: well you can invest in eskimo bobs ART and thats about it
mircea_popescu: kakobrekla o totally forgot. how's the clay business i wonder
toffoo: try to find a chart of litecoin difficulty the past few weeks
ThickAsThieves: basically, i started to learn the price manipulation patterns in BTC-e for LTC,
ThickAsThieves: but i covered a bit by sniping underpriced assets at ltcglobal
ThickAsThieves: i even got props from Deprived for a couple of my moves :)
assbot: [MPEX] [S.DICE] 430 @ 0.003512 = 1.5102 BTC [-]
mircea_popescu: you know in retrospect... that s.dice ipo price was judicious
assbot: [MPEX] [S.MPOE] 3000 @ 0.00066871 = 2.0061 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 36 @ 0.005455 = 0.1964 BTC [+]
assbot: [BTCT:S.DICE-PT] 1D: 0.00459 / 0.00521 / 0.005455 (81 shares, 0.4 BTC), 7D: 0.00366 / 0.00452 / 0.0055 (4499 shares, 20.3 BTC), 30D: 0.00361 / 0.00525 / 0.00643 (30048 shares, 157.8 BTC)
jurov: but whole order book is 13btc bids, 18btc asks... not worth bugging deadterra about
jurov: haha i see now... and GSDPT is copletely elsewhere
jurov: the same exchange, yet one would need to engage two ops to arbitrage
jurov: why they just can't list one pt together
mircea_popescu: somebody should plot the various pt price vs mpex one day
ThickAsThieves: but in the end there has alway been variance between each PT
assbot: [MPEX] [S.MPOE] 2239 @ 0.00066871 = 1.4972 BTC [-]
assbot: [MPEX] [S.MPOE] 4122 @ 0.00066869 = 2.7563 BTC [-]
assbot: [MPEX] [S.MPOE] 239 @ 0.00066868 = 0.1598 BTC [-]
fdas: toffoo, I have reasoned the same about LTC
jurov: have you looked to past performance? not every month is his exposure needed.
jurov: and if btc goes up twice again next month, some 20% loss wouldn't be so tragic
jurov: well. so there will be no options. that is the point.
jurov: happened already, no prob
gribble: There are currently 34833411 bitcoins demanded at or over 0.0 USD, worth 10285047.2026 USD in total. | Data vintage: 55.2628 seconds
thestrin1puller: you know what the Oracle says about men who say they know everything
benkay: what would your preferred implementation be, tiberiusiv?
ThickAsThieves: tib, by selling bonds he's already letting people underwrite the options
ThickAsThieves: you dont think that him losing XXXXX btc is a test of his risk management?
assbot: [MPEX] [S.MPOE] 17450 @ 0.00066868 = 11.6685 BTC [-]
jurov: lol that's just some assertions, not truth
assbot: [BTCTC] [GSDPT] 1 @ 0.00323 BTC [-]
assbot: [BTCTC] [GSDPT] 282 @ 0.00323 = 0.9109 BTC [-]
jurov: obv if you come to btc in a "i know shit" fashion you'll get burned
jurov: i started trying options only after few months observations, went off well enough so far
jurov: no, you're not payng attention, i do. with iDiffs.
jurov: adn i do write mpoe options occassionally, too
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067326 = 3.3663 BTC [+]
assbot: [MPEX] [S.MPOE] 11529 @ 0.00067327 = 7.7621 BTC [+]
assbot: [MPEX] [S.MPOE] 543 @ 0.00067469 = 0.3664 BTC [+]
Diablo-D3: wtf is ThickAsThieves even talking about
jurov: Diablo-D3: perhaps you ignore tibby?
jurov: so, thick was chatting with him
kakobrekla: the sad part is he made more than 95% too
jurov: just coinbr-managed holdings are way more than whatever you're insinuating here.
jurov: and i have no illusion that even all users combined it's one of smaller players here
jurov: *all coinbr users together i mean
ThickAsThieves: sry diablo, i got sucked into th vortex, tib is back on ignore now
jurov: sorry tibby, my insanity threshold is clearly lower than average, but you just crossed it
jurov: <tiberiusiv> mircea has lost in 1month probably more bitcoins then 95% of this channel hold combined.
Diablo-D3: mircea doesnt have more than 1000 BTC so clearly false
assbot: [MPEX] [S.MPOE] 3450 @ 0.00066869 = 2.307 BTC [-]
thestrin1puller: tiberiusiv: keep talking you're making the stock shortable
kakobrekla: tiberiusiv just make sure you are on the other side of the stick and more welth to you no'
assbot: [MPEX] [S.MPOE] 1574 @ 0.00066869 = 1.0525 BTC [-]
assbot: [MPEX] [S.MPOE] 14726 @ 0.00066868 = 9.847 BTC [-]
assbot: [MPEX] [O.USD.C200T] 200 @ 0.05079251 = 10.1585 BTC
jurov: ^^ let's see what will happen
jurov: lmao reddit found it itself
arij: is there a guide for options trading
arij: seems so confusing :/
jurov: but the linked page from that thread is missing... since it's referenced much, maybe MPOE-PR can update it
jurov: using MKOPT/SPLIT instead of email
assbot: [BTCTC] [GSDPT] 1 @ 0.00408 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.95 = 3.9 BTC [-]
assbot: [BTCTC] [GSDPT] 1948 @ 0.00409 = 7.9673 BTC [+]
thestrin1puller: Havelock is slowly becoming the berkshire hathaway of btc investments...
jurov: was going to reply "there was one already"
thestrin1puller: tiberiusiv: Havelock is a savings medium different space than the others
jurov: yes, and there was a 1GH or so future.. going quickly down to 1 satoshi
gribble: There are currently 34845084 bitcoins demanded at or over 0.0 USD, worth 10289649.6484 USD in total. | Data vintage: 115.2992 seconds
assbot: [MPEX] [O.USD.C116T] 1 @ 0.1536719 BTC
assbot: [MPEX] [O.USD.C116T] 19 @ 0.1536719 = 2.9198 BTC
assbot: [HAVELOCK] [VTX] 7 @ 0.4999 = 3.4993 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.5 = 2.5 BTC [+]
taub: I don't think anyone is mad at him?
KRS1: cant always win jeez
KRS1: if u put out you need to expect to lose too
KRS1: can anyone provide advice? I am hearing more about mtgox every day and even though i dont have a lot in there, i'd like to protect what i do have..i dont use redeemable codes..do I have to pull out of gox and go with another?
KRS1: i think all the news is around the codes but im not using em
KRS1: and they're moving to the canada deal forgot the name..coin something
KRS1: prob because of the US regulation now? idk maybe im talking out my ass
jurov: KRS1 you you use it a wallet, definitely pull out by any means
jurov: *if you use it as wallet
jurov: and even if you daytrade, i'd recommend preemptively pulling before the coinlab deal goes into effect
assbot: [MPEX] [S.MPOE] 1300 @ 0.00067465 = 0.877 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067466 = 3.3733 BTC [+]
assbot: [MPEX] [S.MPOE] 8700 @ 0.00067469 = 5.8698 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.78 = 1.56 BTC [-]
jurov: so, slovak PM is to show on a trial started by ex-PM
jurov: except that police nor anybody else know his address
jurov: bulletproof legal immunity
jurov: oh and also his office is not accepting such mail
mircea_popescu: "Warning: BFL has failed to deliver for >7 months. It could be a scam!"
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.766 = 7.66 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.765 = 6.12 BTC [-]
assbot: [HAVELOCK] [VTX] 7 @ 0.5 = 3.5 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 80 @ 0.38 = 30.4 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.0025 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7995 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7998 = 7.998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.8 = 3.2 BTC [+]
assbot: [MPEX] [S.MPOE] 2557 @ 0.00067469 = 1.7252 BTC [+]
assbot: [MPEX] [S.MPOE] 2543 @ 0.00067746 = 1.7228 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.000001 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.000001 BTC [-]
assbot: [HAVELOCK:HIM] 1D: 1.88000000 / 1.94066666 / 1.99999999 (15 shares, 29.10999996 BTC), 7D: 1.41000000 / 1.74020155 / 2.00000000 (194 shares, 337.59910099 BTC), 30D: 1.40000000 / 1.78175586 / 17.25000000 (726 shares, 1293.55475265 BTC)
assbot: [MPEX] [S.DICE] 16 @ 0.0039999 = 0.064 BTC [+]
assbot: [HAVELOCK] [SDICE] 11 @ 0.414 = 4.554 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.41499998 = 1.245 BTC [+]
assbot: Aren't those tins of tobacco right there behind you?
KRS1: many thanks to those in this channel who advised me about the exchange i was with..i have pulled out my money and my coins are now in my own wallet
jurov: assbot always gives best advice
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / 85.1711468 / 85.1711468 (126970 shares, 26,734.25 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
thestrin1puller: jurov: mircea_popescu said it will take a few days to sync up due to the new mpsics
assbot: [HAVELOCK] [SDICE] 3 @ 0.43 = 1.29 BTC [+]
assbot: [MPEX] [S.MPOE] 2457 @ 0.00067746 = 1.6645 BTC [+]
assbot: [MPEX] [S.MPOE] 3356 @ 0.00067753 = 2.2738 BTC [+]
assbot: [MPEX] [S.MPOE] 7000 @ 0.00068059 = 4.7641 BTC [+]
assbot: [MPEX] [S.MPOE] 6403 @ 0.0006806 = 4.3579 BTC [+]
jurov: thx thestrin1puller. by my educated guess, it should be way beyond 110
Gues_____: stringpuller huge sell off of what? the cherries company?
jurov: crash by ineptitude is much more likely
jurov: we haven't one yet
assbot: [MPEX] [S.MPOE] 1300 @ 0.00066869 = 0.8693 BTC [-]
assbot: [MPEX] [S.MPOE] 3104 @ 0.00066868 = 2.0756 BTC [-]
jurov: yes but it will be caused by ineptitude initially, instead of someone dumping
jurov: ^ my prediction (which i don't like at all)
jurov: cuz ineptitude can't be hedged against
thestrin1puller: will it be people invested in it at 1000 and it drops to 100
jurov: in any case, value of any well built enterprise will soar. and i hope to be there.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1563 BTC [-]
troc_: [23:30] <Luke-Jr> BFL 0: 45.0C | 17.83/17.52/14.58Gh/s | A:343 R:0 HW:0 U:180.16/m
jurov: troc_: where is it form?
troc_: #bitcoin reposted by luke-jr from a post to bitcoin talk
troc_: I think it implies the bfl chip hashses no ?
troc_: is the source, I thought it was his own system, before he posted the link.
jurov: okay, i'll believe once CoinBr.iDiff-O sales start picking up. maybe.
gribble: Current Blocks: 228838 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 985 blocks | Next Difficulty In About: 5 days, 12 hours, 4 minutes, and 1 second | Next Difficulty Estimate: 7387042.88845 | Estimated Percent Change: 10.3231
gribble: There are currently 34843224 bitcoins demanded at or over 0.0 USD, worth 10134084.4122 USD in total. | Data vintage: 0.0171 seconds
assbot: [HAVELOCK] [VTX] 1 @ 0.549999 BTC [+]
assbot: [MPEX] [S.MPOE] 7871 @ 0.00066868 = 5.2632 BTC [-]
assbot: [MPEX] [S.MPOE] 734 @ 0.00066868 = 0.4908 BTC [-]
assbot: [HAVELOCK:HIM] 1D: 1.88000000 / 1.9476923 / 1.99999999 (13 shares, 25.31999996 BTC), 7D: 1.41000000 / 1.73749532 / 2.00000000 (192 shares, 333.59910099 BTC), 30D: 1.40000000 / 1.76042035 / 2.00000000 (725 shares, 1276.30475265 BTC)
gribble: smickles was last seen in #bitcoin-assets 22 hours, 28 minutes, and 7 seconds ago: <smickles> oh, it just changed
gribble: There are currently 63973.816 bitcoins offered at or under 1000.0 USD, worth 10286477.9499 USD in total. | Data vintage: 13.4143 seconds
assbot: [BTCTC] [S.DICE-PT] 75 @ 0.0044 = 0.33 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00432 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.003512 / 0.00390436 / 0.0039999 (2196 shares, 8.57 BTC), 7D: 0.0031 / 0.00338792 / 0.0045 (677769 shares, 2,296.23 BTC), 30D: 0.00300001 / 0.0044567 / 0.00637777 (1648084 shares, 7,345.02 BTC)
BitHub: can someone explain how does mpex loose money?
BitHub: doesn't make any sense
cole_albon: bit hub - I suspect s.dice revenue is x% of someone's fiat based paycheck. If the price of bitcoin skyrockets, then then number of btc going to s.dice goes down. Same thing with mope I suspect.
assbot: [MPEX] [S.MPOE] 9717 @ 0.00066534 = 6.4651 BTC [-]
cole_albon: looking for how to turn off spell checker...
assbot: [MPEX] [S.MPOE] 1483 @ 0.00066395 = 0.9846 BTC [-]
kakobrekla: they lost money selling options exposure
cole_albon: Does everything on mpex end up being a bitcoin denominated hedge against the price of bitcoin going up?
assbot: [MPEX] [S.MPOE] 3056 @ 0.00066395 = 2.029 BTC [-]
assbot: [MPEX] [S.MPOE] 5690 @ 0.00066394 = 3.7778 BTC [-]
assbot: [MPEX] [S.MPOE] 5080 @ 0.00066269 = 3.3665 BTC [-]
assbot: [MPEX] [S.MPOE] 25574 @ 0.00066268 = 16.9474 BTC [-]
assbot: [BTCTC] [GSDPT] 5 @ 0.004112 = 0.0206 BTC [+]
assbot: [BTCTC] [GSDPT] 5 @ 0.004114 = 0.0206 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00509 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.1059 = 1.059 BTC [-]
assbot: [MPEX] [S.MPOE] 18626 @ 0.00066268 = 12.3431 BTC [-]
assbot: [MPEX] [S.MPOE] 2448 @ 0.00066251 = 1.6218 BTC [-]
mircea_popescu: cole_albon seems improbable. mpoe does btc hedging, that need scales with btc and has little to do with anyone's paycheck.
mircea_popescu: as long as there's X btc in circulation, cX will need to be hedged one way or another.
cole_albon: a couple of months ago I fat fingered an entry to buy s.dice when i meant to buy mpoe. with the huge spreads, I couldn't justify fixing my mistake immediately. I still regret that decision daily.
assbot: [BTCTC] [GSDPT] 98 @ 0.004114 = 0.4032 BTC [+]
Bugpowder: I invoke rule 23, "he who owns the coins is he who can send them"
gribble: There are currently 34842318 bitcoins demanded at or over 0.0 USD, worth 10101444.2221 USD in total. | Data vintage: 0.0181 seconds
assbot: [HAVELOCK] [HIM] 1 @ 2.08 BTC [+]
gribble: smickles was last seen in #bitcoin-assets 1 day, 0 hours, 30 minutes, and 17 seconds ago: <smickles> oh, it just changed
assbot: [HAVELOCK] [VTX] 18 @ 0.549999 = 9.9 BTC [+]
assbot: [MPEX] [S.MPOE] 9350 @ 0.00065945 = 6.1659 BTC [-]
assbot: [MPEX] [S.MPOE] 3250 @ 0.00065889 = 2.1414 BTC [-]
assbot: [MPEX] [S.MPOE] 9500 @ 0.00065493 = 6.2218 BTC [-]
assbot: [MPEX] [S.MPOE] 6100 @ 0.00065318 = 3.9844 BTC [-]
assbot: [MPEX] [S.MPOE] 3000 @ 0.00065316 = 1.9595 BTC [-]
taub: price is exhausting itself
assbot: [MPEX] [S.MPOE] 9695 @ 0.00066535 = 6.4506 BTC [+]
assbot: [MPEX] [S.MPOE] 2860 @ 0.00066562 = 1.9037 BTC [+]
assbot: [MPEX] [S.MPOE] 2550 @ 0.00067021 = 1.709 BTC [+]
assbot: [HAVELOCK] [VTX] 15 @ 0.54999999 = 8.25 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.54999999 = 5.5 BTC [+]
KRS1: are there any gox alternatives? They say 80% of btc is exchanged there
taub: there are lots of alternatives, but not really for serious trading
taub: check the markets on bitcoincharts.com
taub: there are maybe one or two alternatives that have 10% the volume of mtgox
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.799 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1563 BTC [-]
assbot: [HAVELOCK] [KCIM] 4 @ 1.000001 = 4 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.54999997 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.55 = 1.65 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.003512 / 0.00390436 / 0.0039999 (2196 shares, 8.57 BTC), 7D: 0.0031 / 0.00338792 / 0.0045 (677769 shares, 2,296.23 BTC), 30D: 0.00300001 / 0.0044567 / 0.00637777 (1648084 shares, 7,345.02 BTC)
assbot: [MPEX] [S.DICE] 231 @ 0.0039999 = 0.924 BTC [+]
assbot: [BTCTC] [GSDPT] 1087 @ 0.004114 = 4.4719 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.55 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.42 = 1.26 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.55 = 1.65 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00412 = 0.0824 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 4 @ 0.0041 = 0.0164 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00406 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 85 @ 0.00405 = 0.3443 BTC [-]
assbot: [BTCTC] [GSDPT] 10 @ 0.004 = 0.04 BTC [-]
assbot: [BTCTC] [COGNITIVE] 4 @ 0.1563 = 0.6252 BTC [-]
assbot: [BTCTC] [COGNITIVE] 9 @ 0.1563 = 1.4067 BTC [-]
assbot: [BTCTC] [COGNITIVE] 21 @ 0.1564 = 3.2844 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.42 = 0.84 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.379 BTC [-]
assbot: [HAVELOCK] [VTX] 35 @ 0.54999998 = 19.25 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.42 = 1.26 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.5484 = 1.0968 BTC [+]
jurov: hi mircea_popescu, what are you doing here?
jurov: you should be disappeared (according all these pundits)
bitesak: get it out quickly before another country gets trimmed
jurov: on reddit/btctalk most everyone "yea we know the pattern, first the loss, then founder disappears"
assbot: [MPEX] [S.MPOE] 2362 @ 0.00066965 = 1.5817 BTC [+]
assbot: [MPEX] [S.MPOE] 2534 @ 0.00068054 = 1.7245 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068373 = 3.4187 BTC [+]
assbot: [MPEX] [S.MPOE] 5940 @ 0.00068374 = 4.0614 BTC [+]
mircea_popescu: actually come to think of it most of my life is spent in the surreal world.
mircea_popescu: wife dies in car crash with lover ? make her a nice funeral stone
gribble: BTCUSD ticker | Best bid: 92.61801, Best ask: 93.20000, Bid-ask spread: 0.58199, Last trade: 92.61801, 24 hour volume: 16245.29131852, 24 hour low: 90.01000, 24 hour high: 93.80000, 24 hour vwap: 92.01373
assbot: [MPEX] [S.DICE] 500 @ 0.00439991 = 2.2 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.0043 = 8.6 BTC [-]
assbot: [MPEX] [S.DICE] 1550 @ 0.00420559 = 6.5187 BTC [-]
assbot: [MPEX] [S.DICE] 4375 @ 0.00397758 = 17.4019 BTC [-]
assbot: [MPEX] [S.MPOE] 11550 @ 0.00065794 = 7.5992 BTC [-]
assbot: [MPEX] [S.MPOE] 2350 @ 0.00065719 = 1.5444 BTC [-]
assbot: [MPEX:S.DICE] 1D: 0.003512 / 0.00417324 / 0.00439992 (16452 shares, 68.66 BTC), 7D: 0.0031 / 0.00340263 / 0.0045 (689707 shares, 2,346.82 BTC), 30D: 0.00300001 / 0.00443573 / 0.00637777 (1645302 shares, 7,298.12 BTC)
assbot: [MPEX] [S.DICE] 1825 @ 0.00397758 = 7.2591 BTC [-]
mircea_popescu: I am interested in questions concerning cheating and how mutualistic
mircea_popescu: interactions are maintained, especially plant-pollinator interactions.
assbot: [HAVELOCK] [VTX] 1 @ 0.5484 BTC [+]
assbot: [HAVELOCK] [VTX] 11 @ 0.55 = 6.05 BTC [+]
assbot: [MPEX] [S.MPOE] 9686 @ 0.00067011 = 6.4907 BTC [+]
mircea_popescu: eh wut is this, matonis retweeting me. we're like friends now or something
assbot: [BTCTC] [GSDPT] 28 @ 0.0043 = 0.1204 BTC [+]
assbot: [MPEX] [S.MPOE] 2614 @ 0.00067011 = 1.7517 BTC [+]
assbot: [MPEX] [S.MPOE] 10301 @ 0.00067137 = 6.9158 BTC [+]
assbot: [HAVELOCK] [SDICE] 30 @ 0.415 = 12.45 BTC [-]
kakobrekla: "its a billion dollar market with charts and graphs and everything!"
Azelphur: I found out the other day apparently Taaki's mom lives just around the corner from me, and he comes down here to visit her occasionally
Azelphur: Maybe I'll meet him one day xD
mircea_popescu: kakobrekla free market. it's like one of those flemish paintings,
mircea_popescu: all the mental illness and weird and sickly at the edges.
mircea_popescu: this is how it fucking works, one day it goes over 500, then a few days of 200, then 0
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00499 BTC [+]
assbot: [MPEX] [S.MPOE] 2357 @ 0.00065719 = 1.549 BTC [-]
assbot: [MPEX] [S.MPOE] 17143 @ 0.00065718 = 11.266 BTC [-]
assbot: [MPEX] [S.MPOE] 29050 @ 0.00065794 = 19.1132 BTC [+]
triad_py: mircea_popescu : can i pm you ?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7501 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.75 = 4.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.74 = 4.44 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.74 = 1.48 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.735 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7301 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.730001 = 7.3 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.71 = 4.97 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7001 = 7.001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]
assbot: [MPEX] [S.MPOE] 21300 @ 0.00065794 = 14.0141 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.59 BTC [+]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.157 = 0.471 BTC [+]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.157 = 0.314 BTC [+]
pigeons: signup gives me 503 service unavailable anyway
Scrat: because it is something that you release often
pigeons: i think that one deserves the mpoe-pr link to the how to start a biz post
BitHub: everyone eventually reads it
assbot: [BTCTC] [BASIC-MINING] 5 @ 0.38 = 1.9 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
assbot: [MPEX] [S.MPOE] 26900 @ 0.00065533 = 17.6284 BTC [-]
assbot: [MPEX] [S.MPOE] 2800 @ 0.00065474 = 1.8333 BTC [-]
assbot: [MPEX] [S.MPOE] 13600 @ 0.00065226 = 8.8707 BTC [-]
assbot: [MPEX] [S.MPOE] 1446 @ 0.00065164 = 0.9423 BTC [-]
mircea_popescu: and to think the entire kraken bs was born out of mpoe-pr's early pirate mockery.
gribble: Current Blocks: 228927 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 896 blocks | Next Difficulty In About: 5 days, 12 hours, 44 minutes, and 26 seconds | Next Difficulty Estimate: 7339752.00641 | Estimated Percent Change: 9.61682
gribble: BTCUSD ticker | Best bid: 93.01000, Best ask: 93.26999, Bid-ask spread: 0.25999, Last trade: 93.01000, 24 hour volume: 15740.21976489, 24 hour low: 90.01000, 24 hour high: 93.80000, 24 hour vwap: 92.28575
gribble: Next difficulty estimate | 7339752.00641 based on data since last change | 7975425.23715 based on data for last three days
gribble: BTCUSD ticker | Best bid: 93.01002, Best ask: 93.20000, Bid-ask spread: 0.18998, Last trade: 93.20000, 24 hour volume: 15670.88422591, 24 hour low: 90.01000, 24 hour high: 93.80000, 24 hour vwap: 92.29840
assbot: [MPEX] [O.USD.C137T] 1000 @ 0.10232396 = 102.324 BTC
assbot: [HAVELOCK] [VTX] 1 @ 0.6 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.7 = 3.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.69 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6841 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.684 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.681009 = 6.8101 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.681008 = 6.8101 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.681006 = 6.8101 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.672002 = 1.344 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.66 = 3.3 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.42 BTC [+]
[\\\]: whats going on with asicminer?
ThickAsThieves: profit taking by shareholders that bought at lower price?
assbot: [HAVELOCK] [SDICE] 3 @ 0.4 = 1.2 BTC [-]
[\\\]: at this point, who hasn't?
assbot: [HAVELOCK] [SDICE] 1 @ 0.3975 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.397 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.397 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.6 BTC [+]
[\\\]: they sold lke 163k units
assbot: [HAVELOCK] [SDICE] 2 @ 0.39600001 = 0.792 BTC [-]
[\\\]: there were some bulk buys at slightly cheaper
mircea_popescu: and then when their purchase struck gold and they had their liquidity event
mircea_popescu: but luckily people aren't clever enough to figure it out, so it's all good.
[\\\]: I do find it interesting how they swung from "We're gonna sell" at the beginning to "We're not gonna sell" in the middle to "We're gonna sell"
[\\\]: considering they paid out the IPO price already
[\\\]: and now all shares get half of that going forward
[\\\]: meanwhile difficulty continues to go up and they continue to roll ou the original batch
[\\\]: while withholding dividends to buy more
[\\\]: I think .5 is very optimistic
[\\\]: Yes, they'll sell hardware but its an older tech
[\\\]: they're gonna have to do a bunch of R&D
[\\\]: meanwhile, the rest of the crowd on the smaller processes are doing their own R&D
[\\\]: trying to leapfrog will be stupid hard
[\\\]: How is that good PR for MPOE?
[\\\]: can't stand retards?
assbot: [BTCTC] [BTC-BOND] 3 @ 0.01 = 0.03 BTC [+]
[\\\]: ThickAsThieves, then what's your value?
[\\\]: if .5 is so terrible
ThickAsThieves: i think a safe value, is whatever amounts to 3.5%+ monthly divs
[\\\]: thats not how difficulty works
[\\\]: mircea_popescu, no
[\\\]: ThickAsThieves, how do you plan to pay for the new hardware?
[\\\]: how about the R&D?
[\\\]: how about when the local Chinese government decides they awnt to get in on the action?
[\\\]: or what happens when BFL actually rolls out their hardware and diff goes up even faster
[\\\]: I find it interesting how optimistic shareholders can be
[\\\]: if you think things are so undervalued
[\\\]: and its trading at .6 or .7
[\\\]: the buy should be making sense
[\\\]: you should be borrowing funds to buy more
ThickAsThieves: i do have about 20-40btc more i'll spend on low market AM shares though
[\\\]: if its making .03% a month
[\\\]: then you can pay 1% month and be making even MOAR
ThickAsThieves: you are jumping from me saying somehting has more value you than you think, to saying i think it has no risk
assbot: [HAVELOCK] [SDICE] 2 @ 0.434 = 0.868 BTC [+]
[\\\]: the more risky something is, generally the less valuable it is due ot the negative EV
assbot: [MPEX] [S.MPOE] 11654 @ 0.00065164 = 7.5942 BTC [-]
assbot: [MPEX] [S.MPOE] 746 @ 0.00065134 = 0.4859 BTC [-]
[\\\]: what you do with shares has nothing to do with company 'value'
assbot: [HAVELOCK] [VTX] 1 @ 0.6 BTC [+]
ThickAsThieves: why would you assume i'd put company value over my own position
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.434 = 0.868 BTC [+]
Scrat: lol, they're using mongodb
Scrat: are they for fucking real
assbot: [HAVELOCK] [VTX] 1 @ 0.6 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.151001 BTC [-]
[\\\]: Scrat, at least its not MS Access
Scrat: this is a textbook example of 2 multistatement queries arriving at the same time on a database that can't do transactional locking
pigeons: you have to use mongodb to be picked up by ycombinator
pigeons: you're allowed to use Go now if you don't want to use rails
assbot: [HAVELOCK] [SDICE] 2 @ 0.433 = 0.866 BTC [-]
Scrat: if you go with the trifecta (node/mongo/redis) YC will refuse NOT to accept you
copumpkin: then I can make like $7k just like that
Scrat: copumpkin: I'll let you in on a secret
Scrat: copumpkin: lobster.ttf
Scrat: 100% guaranteed vulture capital
pigeons: whisper "bootstrap" into dustin hoffman's ear
copumpkin: it's amazing I have not picked up on this sooner
gribble: smickles was last seen in #bitcoin-assets 1 day, 13 hours, 32 minutes, and 28 seconds ago: <smickles> oh, it just changed
mircea_popescu: <pigeons> you have to use mongodb to be picked up by ycombinator << heh.
mircea_popescu: what i find funniest in all this recent coin* drama is piuk's haste to divest from any relation to anything that may even be vaguely related to yshit.
Scrat: mircea_popescu: what
assbot: [MPEX] [S.MPOE] 21254 @ 0.00065134 = 13.8436 BTC [-]
assbot: [MPEX] [S.MPOE] 14662 @ 0.0006506 = 9.5391 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.38 = 0.76 BTC [+]
gribble: smickles was last seen in #bitcoin-assets 1 day, 13 hours, 51 minutes, and 1 second ago: <smickles> oh, it just changed
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00499 = 0.01 BTC [+]
assbot: [MPEX] [S.MPOE] 3685 @ 0.00064633 = 2.3817 BTC [-]
assbot: [MPEX] [S.MPOE] 15600 @ 0.00064772 = 10.1044 BTC [+]
gribble: BTCUSD ticker | Best bid: 92.81704, Best ask: 93.35000, Bid-ask spread: 0.53296, Last trade: 92.81603, 24 hour volume: 15140.92464305, 24 hour low: 90.20220, 24 hour high: 93.80000, 24 hour vwap: 92.43116
assbot: [BTCTC] [SYNERGY] 1 @ 0.00671 BTC [-]
assbot: [BTCTC] [SYNERGY] 2 @ 0.00671 = 0.0134 BTC [-]
assbot: [BTCTC] [SYNERGY] 3 @ 0.0067 = 0.0201 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.601 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 2.01 BTC [-]
assbot: [HAVELOCK] [KCIM] 2 @ 1.209 = 2.418 BTC [+]
gribble: smickles was last seen in #bitcoin-assets 28 minutes and 26 seconds ago: <smickles> ;;seen smickles
assbot: [HAVELOCK] [SDICE] 2 @ 0.4329999 = 0.866 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.6099 = 1.8297 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.4329999 = 1.299 BTC [-]
assbot: [HAVELOCK] [KCIM] 6 @ 1.209 = 7.254 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 35 @ 0.38 = 13.3 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.433 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 10 @ 0.38 = 3.8 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.6099 = 2.4396 BTC [+]
gribble: smickles was last seen in #bitcoin-assets 49 minutes and 58 seconds ago: <smickles> ;;seen smickles
assbot: [MPEX] [S.DICE] 5000 @ 0.004 = 20 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 2.01 = 4.02 BTC [-]
thestrin1puller: damn it I shoiuld have withdrawn coin from smickles with all this havelock trades going on
Bugpowder: If you have to write up something so convoluted to trash bitcoin that I can't even understand what your argument is, you have a problem
deadweasel: He owns bitcoin, wants more, trying to get the price down.
mircea_popescu: he fails to realise that the link between address and physical person is optional to the person
mircea_popescu: 'duties" of the segnior are easily, and discretely, accimplished by the bitcoin holders.
mircea_popescu: whoever doesn't sell in a market downturn is doing exactly that.
Bugpowder: He is pretty good at analysis of traditional financial markets, but gets himself into trouble whenever he leaves his narrow zone of expertise
mircea_popescu: this is starting to become characteristic of the older teapartiers... i'd call it truthstranding
mircea_popescu: they get a strand of truth and run with it, in the process breaking it off.
mircea_popescu: we're discussingdenninger's recent nonsense, you came halfway in
Bugpowder: One of the first people that really nailed the call of the housing collapes and financial panic
benkay: i'm forever halfway in
benkay: ah yes, okay. spun up.
Bugpowder: but since 2008, if you followed his guidance you would have lost a lot of gains.
mircea_popescu: Bugpowder in fairness tho, i'd rather see this sort of mistaken argument than the outright meaningless drivel from kruger&monkey co
Bugpowder: I just can't be bothered to parse what he has written there
assbot: [MPEX] [S.MPOE] 1871 @ 0.00064633 = 1.2093 BTC [-]
assbot: [MPEX] [S.MPOE] 5301 @ 0.00064364 = 3.4119 BTC [-]
assbot: [MPEX] [S.MPOE] 7528 @ 0.00064363 = 4.8452 BTC [-]
mircea_popescu: i wish people would have the sense to /join #bitcoin-assets herpderp here's my new theory!!1
mircea_popescu: get laughed to shit, straighten their head, live happier lives.
benkay: most people don't straighten their heads after suffering others laughter
Bugpowder: anyway, I'm banned from commenting on the subforum related to his market ticker posts.
Bugpowder: he bans you whenever he disagrees with you
Bugpowder: this is how the market-ticker forums turned from a good resource of market analysis back in 2007-2008 into a sycophantic group of blathering teabaggers.
DeaDTerra: WTS G.SDICE,G.MPOE, G.BBET, TU.Silver and BTCQuick shares! Pm me with offer :)
Bugpowder: I made a very soft rebuttal to one of his tickers, boom. Banned from posting
benkay: what was it that the inimitable jove said about fools?
Bugpowder: In other news, Audi's a fucking over priced.
benkay: "a wise man once told me/don't argue with fools/'cause at a distance/people can't tell who's who"
mircea_popescu: Bugpowder why, just because i'd post bbq's of his wife doing donkey dongs ?
assbot: [BTCTC] [COGNITIVE] 3 @ 0.157 = 0.471 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.43997999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.43998 BTC [+]
gribble: BTCUSD ticker | Best bid: 91.63384, Best ask: 92.15621, Bid-ask spread: 0.52237, Last trade: 92.40000, 24 hour volume: 17296.36135741, 24 hour low: 90.21010, 24 hour high: 93.80000, 24 hour vwap: 92.48813
assbot: [HAVELOCK] [SDICE] 1 @ 0.43997999 BTC [-]
assbot: [MPEX] [S.MPOE] 14000 @ 0.00064772 = 9.0681 BTC [+]
Bugpowder: Looks like I picked the wrong morning to buy calls
bitesak: it's okay, you can buy more in a few days
assbot: only when you are around.
benkay: this so-called holiday
ChaangNoi: i bought a phone that will give me internet and a laptop that will use it
ChaangNoi: iv been impressed with stuff you have written in theh passed
gribble: There are currently 8927.9373 bitcoins offered at or under 95.0 USD, worth 842763.877288 USD in total. | Data vintage: 55.2377 seconds
gribble: There are currently 3779.9471 bitcoins demanded at or over 90.0 USD, worth 341641.165297 USD in total. | Data vintage: 64.1880 seconds
ChaangNoi: mpsend me that link in about 2 weeks
benkay: re import of private keys
benkay: Too dangerous for easy access - do you really want to enable people stealing coins from newbies? Power users can already import private keys using the debug console.
benkay: don't tell me what's dangerous
benkay: bitcoin is inherently dangerous
benkay: these assholes seem to want bitcoins to be a "safe" thing to do
benkay: if you want safe put your fiat into a bank
benkay: i'm attempting to express outrage
benkay: man you wish you could rile me with that
benkay: but i've been called icy hot since high school
ChaangNoi: d3 holy shit, its zombie day, be careful
Diablo-D3: I am the immortal lord of the underworld and all that is evil
[\\\]: if gribble pings out
[\\\]: most likely, nanotube has too
assbot: [MPEX] [S.MPOE] 8295 @ 0.00064363 = 5.3389 BTC [-]
assbot: [MPEX] [S.MPOE] 14850 @ 0.00064219 = 9.5365 BTC [-]
assbot: [MPEX] [S.MPOE] 7755 @ 0.00063719 = 4.9414 BTC [-]
ChaangNoi: im drinking a bot of whisky that will cover the weeks holiday
ChaangNoi: i bought the first evar ordered bfl
ChaangNoi: i bought the first evar ordered bfl
KRS1: i asked em for bank transfer req..i have it looks like an order # on it..jody said no matter how long it takes to wire the money, they will keep my place in line..wonder if i should send it now..
ChaangNoi: i just had the opertunity to be first in line and was like fuck it sure
benkay: what's the best decision we can talk ChaangNoi into, y'all?
benkay: buying a bunch of MPOE?
assbot: [MPEX] [O.USD.P200T] 1000 @ 1.45869937 = 1458.6994 BTC
benkay: would anyone admit to that?
bitesak: s3052 suggests we are going down first before rising
ChaangNoi: link to his post or sht the fuck up
ChaangNoi: that is why i asked for link , we can kill 1 at a time
ChaangNoi: tibersav? i hear aids is bad in nigera
smickles: < tiberiusiv> mircea probably faked last months losses just to keep the bondholders $ << are you kidding? the bot is easy to take advantage of when there are movements like last month
smickles: eve as a fraud, he would't have to fake it
ChaangNoi: tiberslav must be a mp troll if he supports him so
smickles: he'd just have to trade against his bot in the known profitable way
benkay: ChaangNoi why are you so obsessed with homosexuals?
ChaangNoi: fucking happy zombar day mother fuckerz
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 81.34382041 / 96.14661174 / 140.1904003 (3745 shares, 1,948.96 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 96.14661174 high: 140.1904003 low: 81.34382041 volume: 3745 btc: 1948.9574312 30 day: no data
ChaangNoi: i will be honest im shocked we are this high, and even bullish on this long ass weekend
icyhot: it's so nice tnat someone besides myself in assets likes shitty rap music
icyhot: haha what's the best investment advice you ever got from a rapper?
ChaangNoi: 100 after that the first reals resistance is 500
thestringpuller: ChaangNoi: you should see the list of businesses that are accepting bitcoin
ChaangNoi: tiberslave iv seen he list of people sending millions to buy btc
ChaangNoi: and i know the way the millions re trending
ChaangNoi: tibersalve im a much better troll than you
ChaangNoi: im such a good troll the peoopel here think im a memeber
ChaangNoi: tiberslav want to short bt with an escrowed bet?
assbot: [BTCTC] [BTC-BOND] 3 @ 0.01 = 0.03 BTC [+]
thestringpuller: In all seriousness, mathematically that is not the case...
thestringpuller: that wasn't a nominal loss due to the bullish nature of the volatility...
thestringpuller: the btc that were deposited were worth 50-60% less than at the time of the reported "loss"
ChaangNoi: i wish there was a palce i could buy virgins,,, h wait i need to go ontor
ChaangNoi: where is mp? he should bring out his bitches or whips
thestringpuller: The FED does nothing but lose money...yet you still depend on them.
assbot: [BTCTC] [GSDPT] 1 @ 0.0043 BTC [+]
thestringpuller: dude Travelers Property casualty lost 1bn the month after Katrina in 2004
thestringpuller: the only other option is to build an investment house of cards and distribute the exposure elsewhere
ChaangNoi: i don even know how to pm in this mac
thestringpuller: that's like saying the risk model of ALL insurance is broken
ChaangNoi: tiberslav how much is mp paying you?
gribble: yes I am gribble. why do you keep bothering me?
assbot: [MPEX] [O.USD.P200T] 335 @ 1.45892277 = 488.7391 BTC [+]
gribble: There are currently 34838375 bitcoins demanded at or over 0.0 USD, worth 9790953.35954 USD in total. | Data vintage: 0.0187 seconds
ChaangNoi: did you all know johney walker wells platnium whisky now?
ChaangNoi: bug made like 1 million usd in a month
Bugpowder: I would have made that if I had put in my whole nut, rather than 105
thestringpuller: kakobrekla: Diablo-D3 is banned from channel and wants to be let back in
Bugpowder: This is a new month though... and the gox backlog is up to 8500
ChaangNoi: it is the only way the cia can track me
Bugpowder: I have made about as much in bitcoins as I have in my entire career as a scientist (true story)
ChaangNoi: im not kidding or trolling, bug just pm me
ChaangNoi: i dont knw how to open that link in a mac
jurov: goat, right click? lol
assbot: [HAVELOCK] [HIM] 1 @ 2.06 BTC [+]
thestringpuller: 14:27 <thestringpuller> and why are you asking me instead of kakobrekla?
thestringpuller: 14:27 <Diablo-D3> because this needs to be said in channel and you're available =P
jurov: <assbot> [21:56:10] spam detected
jurov: d3 freaked out several lines earlier
jurov: i'm curious what kako says, too
assbot: [MPEX] [S.MPOE] 8750 @ 0.00064772 = 5.6676 BTC [+]
gribble: Error: "bc,24hprc" is not a valid command.
gribble: BTCUSD ticker | Best bid: 92.30000, Best ask: 92.39999, Bid-ask spread: 0.09999, Last trade: 92.30000, 24 hour volume: 18678.78024216, 24 hour low: 90.50000, 24 hour high: 93.80000, 24 hour vwap: 92.42069
gribble: Error: "bc,24hprc" is not a valid command.
smickles: nanotube: what happened to bc,24hprc?
damientrog: anyone care to explain the semantics of these puts on USD or tell me where I can find the info?
smickles: give me an example one, i'll explain it
smickles: 1 put contract for 1 btc expiring april 19 (last friday 'this' month), struck at 50 usd
smickles: the time it expires is the last second of the last minute of the day
damientrog: so what are the returns when that happens?
smickles: it returns 'spot' - strike in btc, if that is a positive amount
jurov: ^ i did a cheatsheet
damientrog: ah thanks guys, I want to understand what just happend to mc losing all that fortune
smickles: I say 'spot', because mepx use the weighted, all market 24h average
damientrog: ah jurov, you're the owner of coinbr, nice to see the owners here of the exchanges, or fronts thereof
gribble: BTCUSD ticker | Best bid: 92.30000, Best ask: 92.48298, Bid-ask spread: 0.18298, Last trade: 92.30000, 24 hour volume: 18458.17378448, 24 hour low: 90.50000, 24 hour high: 93.80000, 24 hour vwap: 92.44477
smickles: damn, mpoebot is offering a 10% better price than soebot
damientrog: so you're betting on the value of btc with btc, the sooner you call or put on a value the better deal you can make
gribble: (avgprc <currency> <timeframe>) -- Returns volume-weighted average price data from MtGox. <currency> is a three-letter currency code, <timeframe> is the time window for the average, and can be '24h', '7d', or '30d'.
gribble: (avgprc <currency> <timeframe>) -- Returns volume-weighted average price data from MtGox. <currency> is a three-letter currency code, <timeframe> is the time window for the average, and can be '24h', '7d', or '30d'.
smickles: nanotube: there's a problem with that
gribble: Error: Data not available. Available currencies are SLL, USD, AUD, CHF, SEK, RUB, CNY, JPY, XRP, BRL, ILS, GBP, NZD, SGD, PLN, EUR, DKK, THB, HKD, CAD, and available timeframes are 24h, 7d, 30d.
gribble: Error: Data not available. Available currencies are SLL, USD, AUD, CHF, SEK, RUB, CNY, JPY, XRP, BRL, ILS, GBP, NZD, SGD, PLN, EUR, DKK, THB, HKD, CAD, and available timeframes are 24h, 7d, 30d.
smickles: nanotube: mpex uses the whole market weighted average, not just gox
gribble: Error: "bc,24hprc" is not a valid command.
nanotube: smickles: well, bc,24hprc was from bitcoincharts, as is avgprc. same datafeed
nanotube: and bc,24hprc was only for USD markets
jurov: what is the difference, again?
smickles: nanotube: ah, so it's the same thing :)
nanotube: same data, different command style
smickles: when i say 'whole marke' i meant 'all usd exchanges on bitcoincharts'
smickles: wow, lowest i've seen that in a while
gribble: Current Blocks: 228959 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 864 blocks | Next Difficulty In About: 5 days, 12 hours, 4 minutes, and 35 seconds | Next Difficulty Estimate: 7351382.69866 | Estimated Percent Change: 9.79052
assbot: [HAVELOCK] [VTX] 1 @ 0.601 BTC [-]
smickles: unconfirmed txns on the network
thestringpuller: I love this wiki page: On 16 March 2013, a bank run began in the Republic of Cyprus after a proposed 'tax' was to be imposed on 19th March 2013. 6.7% of all assets under .100,000 were to be seized and 9.9% of all those above. Many members of the public decided to remove their money rather than pay for an economic crisis they had not caused.
Bugpowder: damientrog: You don't necessarily get a better return by buying early. There is a time * volatility premium built into the mpoebot's pricing model, that decays as expiration approaches. Typically the way you can get the highest leverage and returns are when buying options just before expiration followed by a big move
damientrog: ah, so the price is entirely decided by the bot
smickles: thestringpuller: that's so NPOV
damientrog: or are options traded amongst the market as well?
jurov: damientrog, you can write own options and sell them at any proice you want
jurov: but so far nobody managed to match mpoebot's volume
smickles: for example, look at the strikes, around 86 to 92
damientrog: so if I now make a bid lower than the ask price it will either be bought when somebody sells his options or the bot lowers his price
Bugpowder: nothing is stopping someone from pricing mid market. But nobody has the capital to match the bot's volume
smickles: i'm offering some, but i don't have the capital for mpoebot's volume
smickles: thestringpuller: it's wikipedia's claim that they hold a Neutral Point Of View
smickles: thestringpuller: basically, wikipedia is ok until you actually consider the content
assbot: [BTCTC] [GSDPT] 2 @ 0.0043 = 0.0086 BTC [+]
assbot: [MPEX] [O.USD.P200T] 5 @ 1.45685701 = 7.2843 BTC [-]
smickles: kakobrekla: that was a funny ban
gribble: BTCUSD ticker | Best bid: 92.98999, Best ask: 93.00000, Bid-ask spread: 0.01001, Last trade: 93.00000, 24 hour volume: 17860.78532294, 24 hour low: 91.00000, 24 hour high: 93.80000, 24 hour vwap: 92.51072
ThickAsThieves: i think we'll hover under 100 for a few days then start rising again
ThickAsThieves: possibly get another sell off before 100, with a temporary 10% dip
gribble: Error: "(200-90)/90" is not a valid command.
assbot: Your actions are useless.
gribble: BTCUSD ticker | Best bid: 92.98999, Best ask: 92.99998, Bid-ask spread: 0.00999, Last trade: 92.98999, 24 hour volume: 17963.33825555, 24 hour low: 91.00000, 24 hour high: 93.80000, 24 hour vwap: 92.51548
Bugpowder: well, if the current trends hold, we will be above 200 in 2 weeks :)
KRS1: whats quickets/safest way to buy btc with usd
KRS1: i used to use dwolla/gox
assbot: [MPEX] [S.MPOE] 8317 @ 0.00064626 = 5.3749 BTC [-]
assbot: [MPEX] [S.MPOE] 513 @ 0.00063719 = 0.3269 BTC [-]
KRS1: ah this aint gonna work
ThickAsThieves: took 3 weeks to deposit my btc, lost out on about a $3000USD price rise
ThickAsThieves: the others didnt really cost me anything other than frustration
thestringpuller: I have no trouble with CampBx then again I'm from Atlanta so I guess they like the local support of mah money
assbot: [BTCTC] [B.YABMC] 1 @ 0.01959 BTC [+]
KRS1: i want to buy with cash/atm
assbot: [BTCTC] [SYNERGY] 3 @ 0.011 = 0.033 BTC [+]
KRS1: i have to make up for some bad trades a few weeks ago
smickles: KRS1: have you tried #bitcoin-otc?
KRS1: yeaaah..i was thinking that..idk
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.771994 BTC [-]
smickles: for me, using -otc is like fishing
smickles: well, i bait my hook and put it out there. if after a day of trying, i still haven't caught anything, I go to the market instead.
smickles: though, in the case of actual fishing, it's been years since I haven't caught a fish within an hour of trying
smickles: but you wouldn't know that unless i told you, so it's still a good analogy
jurov: anyone wants to (re)invest to MPOE bonds passthrough? 1 hour left.
thestringpuller: TIL that the guy who won the 2011 nobel prize in economics thinks there should be 17 tillion in QE
smickles: thestringpuller: the current mainstream view is that the economic problems will be soothed by printing lots of money
smickles: oft cited example is the depressions staved off by people mining gold while we were on the gold standard
smickles: basically, the idea is to inflate during economic downturns
assbot: [HAVELOCK] [KCIM] 1 @ 1.01 BTC [-]
smickles: that way, people spend money faster, and eventually you get thru the downturn
smickles: whereas, if you didn't inflate the money, people would not spend as much or as fast, and the downturn would get significantly worse
smickles: downturn inflation is upwards of 10%
smickles: and if the economy is doing really f-ing good, <5%
smickles: well, they don't want you to buy those bonds during a downturn
smickles: they want you to buy them when all is good after the downturn
smickles: during the dwonturn, they don't want you to save or invest, they want you to spend
smickles: and 'you' is the rich people, prolly not really you
assbot: [MPEX] [S.MPOE] 8900 @ 0.00063325 = 5.6359 BTC [-]
thestringpuller: the case you are presenting me makes me want to put all my money into bitcoin
smickles: well, bitcoin might be a little risky for that
gribble: BTCUSD ticker | Best bid: 93.10001, Best ask: 93.10500, Bid-ask spread: 0.00499, Last trade: 93.10001, 24 hour volume: 19029.16932908, 24 hour low: 91.00000, 24 hour high: 93.80000, 24 hour vwap: 92.57267
assbot: [HAVELOCK] [HIM] 6 @ 2.02 = 12.12 BTC [-]
assbot: [HAVELOCK] [HIM] 9 @ 2.01 = 18.09 BTC [-]
assbot: [HAVELOCK] [HIM] 25 @ 2 = 50 BTC [-]
mpexbot: smickles: It's starting to sound like Wal-Mart in here
KRS1: asicminer looks profitable from what i am seeing..i dont have much info on them but seems ok
KRS1: are they still selling shares
Diablo-D3: passthrough owners cannot be trusted
assbot: [BTCTC] [RSM] 27 @ 0.003099 = 0.0837 BTC [+]
KRS1: yeah i heard mixed things about bitfunder
kakobrekla: while yourself being sort of pt Diablo-D3
jurov: bitfunder is one thing, asset issuers on it are completely another
KRS1: ohh i see yeah it was a resller on bitfunder i take that back
KRS1: now i remember better thanks
Diablo-D3: kakobrekla: seeing as DMC is shutting down to fix the problem nefario caused, nope.
Diablo-D3: thestringpuller: million, and its becoming a 200 million dollar plan
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.771994 = 6.9479 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.61 = 1.83 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.771995 = 1.544 BTC [+]
jurov: not very cool. was hoping for abandoned cold war installation or such
jurov: like, DC with nuclear lauch capability on site :)
assbot: [BTCTC] [S.MPOE-PT] 10 @ 0.000649 = 0.0065 BTC [+]
assbot: [HAVELOCK] [VTX] 19 @ 0.614888 = 11.6829 BTC [+]
Diablo-D3: jurov: we may actually HAVE one up here in maine
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.38 BTC [+]
Diablo-D3: jurov: might buy it as a tape storage vault, really
assbot: [HAVELOCK] [VTX] 2 @ 0.61488 = 1.2298 BTC [-]
Diablo-D3: but yeah, I cant wait until I can start phase 2
assbot: [HAVELOCK] [SDICE] 1 @ 0.429 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 24 @ 0.378 = 9.072 BTC [-]
assbot: [MPEX] [S.MPOE] 15200 @ 0.00062903 = 9.5613 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.772 = 2.316 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77495 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77695 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.777 = 4.662 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.105 = 0.525 BTC [-]
thestringpuller: Did I just see someone dump MPOE stock then put it into ASICMINER...?
assbot: Your actions are useless.
assbot: [HAVELOCK:KCIM] 1D: 1.00000100 / 1.09894165 / 1.20900000 (17 shares, 18.68200800 BTC), 7D: 0.99500000 / 1.10475013 / 1.25000000 (60 shares, 66.28500800 BTC), 30D: 0.95500000 / 1.13694272 / 1.48000000 (161 shares, 183.04777800 BTC)
assbot: [HAVELOCK:HIM] 1D: 2.00000000 / 2.00872727 / 2.08000000 (55 shares, 110.48000000 BTC), 7D: 1.41000000 / 1.79371529 / 2.08000000 (242 shares, 434.07910099 BTC), 30D: 1.40000000 / 1.77995476 / 2.08000000 (757 shares, 1347.42575265 BTC)
jurov: thestringpuller: if they managed to teleport btcs from mpex to btct
assbot: [MPEX:S.MPOE] 1D: 0.00062903 / 0.00065976 / 0.00068374 (620725 shares, 409.54 BTC), 7D: 0.0006 / 0.00065759 / 0.00068374 (2521551 shares, 1,658.15 BTC), 30D: 0.0006 / 0.00072825 / 0.00078628 (18137686 shares, 13,208.90 BTC)
assbot: [BTCTC] [RSM] 1 @ 0.0025 BTC [-]
assbot: [BTCTC] [RSM] 8 @ 0.00204 = 0.0163 BTC [-]
assbot: [BTCTC] [RSM] 1 @ 0.00203 BTC [-]
assbot: [BTCTC] [RSM] 2 @ 0.00203 = 0.0041 BTC [-]
assbot: [BTCTC] [RSM] 88 @ 0.002012 = 0.1771 BTC [-]
assbot: [MPEX] [S.MPOE] 12050 @ 0.0006321 = 7.6168 BTC [+]
assbot: [MPEX] [S.MPOE] 900 @ 0.00063663 = 0.573 BTC [+]
gribble: There are currently 24624.678 bitcoins offered at or under 99.999 USD, worth 2377593.73016 USD in total. | Data vintage: 0.0014 seconds
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [-]
assbot: [MPEX] [S.MPOE] 9950 @ 0.00062903 = 6.2588 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1 BTC [-]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.1599 = 0.4797 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.165 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.165 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.19 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.19 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.2 BTC [+]
assbot: [BTCTC] [COGNITIVE] 17 @ 0.2 = 3.4 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.2 BTC [+]
KRS1: pizzaman what to you think about the poss of a sell at $99-$100
assbot: [BTCTC] [RSM] 150 @ 0.002012 = 0.3018 BTC [-]
assbot: [BTCTC] [COGNITIVE] 5 @ 0.2699 = 1.3495 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.27999 BTC [+]
assbot: [BTCTC] [COGNITIVE] 10 @ 0.28 = 2.8 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7789 BTC [+]
assbot: [MPEX] [S.DICE] 500 @ 0.00419786 = 2.0989 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7789 = 1.5578 BTC [+]
assbot: [HAVELOCK] [SDICE] 3 @ 0.444 = 1.332 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00419787 = 4.1979 BTC [+]
assbot: [MPEX] [S.DICE] 1350 @ 0.00419788 = 5.6671 BTC [+]
assbot: [MPEX] [S.MPOE] 1915 @ 0.00062903 = 1.2046 BTC [-]
assbot: [MPEX] [S.MPOE] 4062 @ 0.00062878 = 2.5541 BTC [-]
assbot: [MPEX] [S.MPOE] 7050 @ 0.00062244 = 4.3882 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.443 = 1.329 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.6 BTC [-]
assbot: [MPEX] [S.MPOE] 7500 @ 0.00060871 = 4.5653 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.59 = 1.77 BTC [-]
assbot: [HAVELOCK] [VTX] 16 @ 0.58 = 9.28 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.28 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.61 = 1.22 BTC [+]
assbot: [HAVELOCK] [VTX] 38 @ 0.61 = 23.18 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77891 BTC [+]
assbot: [MPEX] [S.MPOE] 8810 @ 0.00060101 = 5.2949 BTC [-]
assbot: [MPEX] [S.MPOE] 7756 @ 0.00060871 = 4.7212 BTC [+]
assbot: [BTCTC] [RSM] 750 @ 0.002012 = 1.509 BTC [-]
gribble: BTCUSD ticker | Best bid: 93.01000, Best ask: 93.34999, Bid-ask spread: 0.33999, Last trade: 93.01000, 24 hour volume: 21283.09036066, 24 hour low: 91.00000, 24 hour high: 93.80000, 24 hour vwap: 92.70860
assbot: [HAVELOCK] [SDICE] 5 @ 0.446 = 2.23 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.779999 BTC [+]
assbot: [MPEX] [S.BBET] 150 @ 0.0019999 = 0.3 BTC [+]
assbot: [MPEX] [S.BBET] 9850 @ 0.00201395 = 19.8374 BTC [+]
assbot: [MPEX] [S.MPOE] 33800 @ 0.00060871 = 20.5744 BTC [+]
MJR_III: smickles: have you played around with socket.io?
assbot: [HAVELOCK:HIM] 1D: 2.00000000 / 2.00872727 / 2.08000000 (55 shares, 110.48000000 BTC), 7D: 1.41000000 / 1.79371529 / 2.08000000 (242 shares, 434.07910099 BTC), 30D: 1.40000000 / 1.77995476 / 2.08000000 (757 shares, 1347.42575265 BTC)
MJR_III: i'm trying to get a data feed from bitfloor
MJR_III: but it's like socket.io guys never though "what if he wants to get info from a website he doesn't host?"
MJR_III: or what if he isn't using a browser
MJR_III: i'll be back in a little bit
assbot: [MPEX] [O.USD.P086T] 14 @ 0.12294187 = 1.7212 BTC
assbot: [MPEX] [O.USD.P092T] 13 @ 0.15861729 = 2.062 BTC
assbot: [MPEX] [O.USD.P089T] 14 @ 0.14008074 = 1.9611 BTC
smickles: MJR_III: not much socket.io for me
MJR_III: socket.io is really nothing like redis.io...
MJR_III: redis is a database, socket.io is more of a message passing interface/connection media
MJR_III: its trying to implement tcp sockets into a client/server model
MJR_III: using varius connection level media such as websockets etc
assbot: [HAVELOCK] [VTX] 5 @ 0.58 = 2.9 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.575 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.57 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.5616 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.48 BTC [-]
MJR_III: so anyway, the problem is that it's meant for browsers and javascript
MJR_III: but i need applications to be able to talk to it
MJR_III: obviously you don't know what a websocket is
MJR_III: curl would be for requests
MJR_III: the whole point of it is that you only request once
MJR_III: and then you have a connection
MJR_III: since you aren't sending a ton of requests all the time
thestringpuller: I've never worked on an application that requires a persistent connection
MJR_III: for example, you can keep requesting all the market data...or their server can push any new orders out to you
thestringpuller: Nope. I wanted to do HFT Algo's so maybe one day I will do real time. But I've never worked on anything realtime
MJR_III: for HFT you need real time
assbot: [BTCTC] [GSDPT] 1 @ 0.00401 BTC [-]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 81.34220013 / 93.14221262 / 140.1904003 (4085 shares, 2,444.98 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 81.34220013 / 93.14221262 / 140.1904003 (4085 shares, 2,444.98 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: BTCUSD ticker | Best bid: 93.38000, Best ask: 93.40001, Bid-ask spread: 0.02001, Last trade: 93.40001, 24 hour volume: 20690.03883381, 24 hour low: 91.00000, 24 hour high: 93.80000, 24 hour vwap: 92.74693
pgp: game of thrones - that's what's new...
mircea_popescu: <jurov> like, DC with nuclear lauch capability on site :) << settle the spamhouse asshats on the spot
assbot: [BTCTC] [RSM] 100 @ 0.003099 = 0.3099 BTC [+]
benkay: and yet the world continues to function, albeit imperfectly
icyhot: i'm demoing a new handle
icyhot: i've used benkay since
icyhot: i think that's the question you're really interested in answering.
icyhot: how old are you, mircea?
pgp: icyhot... related, but different.. works...
icyhot: do your people reverse the firstname lastname thing?
mircea_popescu: the proper form (ie, popescu mircea) is used in formal context. like for instance if you sue somebody.
icyhot: then you're typically addressed as 'mircea'?
icyhot: i don't know how seriously you take this autocratic thing. i halfway imagine you might have people kissing the pavement behind you.
mircea_popescu: "A lot of software can be about egos. While the Bitcoin architecture is genius the code itself is merely adequate."
dub: oh shit, baller on deck
dub: howz the stuntin icyhot
icyhot: chillin on the po'ch wiv mah forty and shorty and pit bull
icyhot: drank heavily this weekend. everyone's recovering.
assbot: [MPEX] [S.MPOE] 6750 @ 0.00060101 = 4.0568 BTC [-]
mircea_popescu: "But involving with people who write on their website that they want to kill all idiots, is dangerous for me. Sorry."
icyhot: i think it's more of an implication you make constantly.
mircea_popescu: you know... i think if anyone in this world can't be suspected of holding back from what they mean to say it'd be me.
icyhot: also man to the rest of the world there isn't a whole lot of difference between calling people 'nigger' and saying that you want to kill all of the idiots.
icyhot: parsing your pennings can be challenging for mere mortals; imagine how confusing they must be to the rest of the internet.
icyhot: i would prefer boring.
icyhot: drama is bad for business.
mircea_popescu: well for everyone's peace of mind i don't propose, contemplate or intend to kill anyone.
icyhot: everything in my life is silly.
icyhot: i have entirely lost perspective.
dub: what about if it was just yo uand Taaki on the roof with nobody looking?
dub: hard to beat that temptation
mircea_popescu: for one if i particularly wanted to i could probably create the event, what's it take, a few quid.
icyhot: aside: moving from os x to ubuntu, i actually found myself more productive in the terminal
dub: so bitcoin hit nightly news here this week
dub: they showed amir and bruce wagner
dub: yeah the boyloving youtube sensation
MJR_3: xchat is really nice
MJR_3: i like the layout, thanks mircea_popescu
dub: i think it was an ancient clip but this is the press bitcoin has
mircea_popescu: Help us reach our goal! Bitcoinstore must sell $850,000 by June, 30 to keep its competitive prices. $0 reached of $850,000
[\\\]: that's just stupid
[\\\]: if you have to beg people to shop, then it isn't serving the original purpose
[\\\]: I'm 12 and what is this?
Bugpowder: I think it will hit 850k by july 1
KRS1: I can't find ASIC mining rigs on bitcoinstore
mircea_popescu: "BOOM. While you've been out poppin' bottles with models, the Payward team has been slaving away at a proper exchange for arbitrary cyborg-alien currencies of the future, and bitcoin."
icyhot: filled with lorem ipsum.
gribble: Current Blocks: 229025 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 798 blocks | Next Difficulty In About: 4 days, 13 hours, 26 minutes, and 23 seconds | Next Difficulty Estimate: 7456274.96836 | Estimated Percent Change: 11.35706
MJR_3: he does have confidence
MJR_3: you gotta give em that
MJR_3: that whole forum post was like LOL WTF, dude,
assbot: [MPEX] [X.IDIFF.JUN] 60 @ 0.1375 = 8.25 BTC [+]
icyhot: the whole bitcoin economy is like LOL WTF dude
MJR_3: the more the merrier
MJR_3: well...it kinda seemed like "our focus group tells us that these "memes" have the highest probablity of going "viral"
MJR_3: does anyone know of a simple socket.io console app?
mircea_popescu: at least jesse powell is not *completely* out of the financial loop
MJR_3: so wait, is kraken and payward two separate things?
MJR_3: better than most out there now
MJR_3: but we'll see how the matching engine is
MJR_3: at least they put a level 2 data book together in the right order
ThickAsThieves: <@assbot> [MPEX] [X.IDIFF.JUN] 60 @ 0.1375 = 8.25 BTC [+] <dats cheap, no?
MJR_3: damn it feels good to be back on linux
MJR_3: KRS1, you know anything about websockets (specifically socket.io)?
KRS1: not really im a sysadmin but i know what socket.io is
KRS1: looking to interface with mtgox?
MJR_3: these web libraries keep changing
KRS1: i'd lose my mind if i was a web developer
MJR_3: its fun cuz of how quickly you can develop
KRS1: but i have to support all the crap they do where I work
MJR_3: but sucks cuz of how quickly you can develop
KRS1: yeah..wasnt always like that
☟︎