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.