⏐︎▁▁ 21482
mjr_: going on about 13% of the company defining its true value
mjr_: is silly
jurov: evoorhees indicated maybe 10-30% being held by other investors
thestringpuller: ;;bc,24hrprc
gribble: Error: "bc,24hrprc" is not a valid command.
mjr_: think its at least 2 others
mjr_: 3 total
mjr_: that make up 87% and he has said he doesn't have a majority i believe
mjr_: i personally am expecting some news from sdice at some point in the next few months...they have been quiet for quite a while
mjr_: diff is i expect some good news
mjr_: but that is pure speculation on my part
mjr_: Bugpowder: i should have been scooping up some calls during the lows
mjr_: Bugpowder: i typically do the same thing. at the money calls, hold till end of month...haven't had an option expire worthless yet
mjr_: and in fact made about 300% this month, though i exercised early at 71
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.3311 BTC [-]
ThickAsThieves: https://bitcointalk.org/index.php?topic=157789.msg1669605#msg1669605 scam?
Lyspooner: blockchain selling coinbase
jurov: from piuk? i think not
ThickAsThieves: i thought i had seen his name as trustworthy, but was unaware coinbase was for sale
assbot: [BTCTC] [SYNERGY] 6 @ 0.0099 = 0.0594 BTC [+]
mjr_: coinbase?
mjr_: the company out of san fran?
mjr_: they had 600k seed round
mjr_: didn't think it was from blockchain
ThickAsThieves: is that one of the sites everyone hates now?
mjr_: well...
mjr_: they obviously can't keep up with the demand
mjr_: so there is bound to be friction
jurov: both coinbase and coinlab are reviled
mjr_: don't leave gox out
mjr_: though people still use them
mjr_: not voting with their feet yet
Lyspooner: it's tough to be in a queue to buy bitcoins and see the amount of bitcoins you can buy halved
mjr_: amazing that anyone manages to get coins with how much the companies have fucked up in managing expectations
mjr_: yep i'll say
Lyspooner: piuk wouldn't be selling unless there were more problems than queuing
mjr_: so these june diff futures
mjr_: ooh
mjr_: this is a real pe deal
mjr_: anyone get details at all?
jurov: mjr_ were you around when i explained yest?
mjr_: rough pricing? denomination of payment?
mjr_: well...he is selling equity in a us company
mjr_: the shares you get will be denominated in dollars
mjr_: jurov: i had not seen, explained what?
jurov: the problem with idiffs
jurov: on mpex
mjr_: that they would need to triple the difficulty for me to break even?
mjr_: buying at that ask at least
jurov: not that. that they can combust spontaneously befre difficulty even gets to 25 million
mjr_: hows that?
jurov: collateral is 2.9 of something. or 2.9*2.9 of december something
jurov: no one is sure what the something is
mjr_: the difficulty at that point i thought
mjr_: its a function of the difficulty as of the last futures contract known
jurov: well, do the maffs yourself then
jurov: ;;calc 4.8*2.9
gribble: 13.92
jurov: for example for idiff created when diff was 4.8m
mjr_: no doesn't work like that
Lyspooner: another matonis forbes piece out: http://www.forbes.com/sites/jonmatonis/2013/03/24/cyprus-goes-cashless-the-hard-way/
mjr_: no your right
mjr_: sorry
mjr_: going off of march
mjr_: not off of january
mjr_: yeah so 13.92 * 2.9
mjr_: ;;calc 13.92 * 2.9
gribble: 40.368
mjr_: so you need to have up 40 million satoshi or 4 btc i think for each contract
mjr_: for sept
mjr_: for june only 1.4 btc
jurov: eee 40m is 0.4
mjr_: but you'll be autoliquidated in case of collateral being exceeded
mjr_: oops, moved the decimal
mjr_: so i don't see the problem
mjr_: you could be forcibly liquidated
mjr_: but at a profit to you of 2.9x i think
mjr_: for the person forcibly liquidated at least
mjr_: with the seller losing his collateral
jurov: let's start from the begin. you buy idiff.jun at 0.2499
mjr_: ok
jurov: and get autoliquidated at 15million = you get 0.15
mjr_: do both sides
jurov: that's quite a pe , lol
mjr_: ah ok...hold on
mjr_: collateral is....013?
jurov: maybe 0.13 or maybe more, depending on when the idiffs were created.
jurov: 0.13 is worst case
mjr_: thought it went off the last close
mjr_: quarterly
mjr_: did not know it changed intraquarter
mjr_: ah ok i see
mjr_: so you are saying that the current ask is ridiculous...no one should buy it
jurov: yes i think it comes form last close, i would be thankful if you enumerated all the options
mjr_: fair enough
jurov: but i think it won't be worth it in any case
mjr_: yes true
mjr_: but then again no one is forcing you to buy at that price
mjr_: last sale was .08
mjr_: well within a profitable range
mjr_: roughly double in fact
Bowjob: yawn
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 71.90999, Best ask: 71.91965, Bid-ask spread: 0.00966, Last trade: 71.91000, 24 hour volume: 40908.12335116, 24 hour low: 62.70000, 24 hour high: 72.49999, 24 hour vwap: 68.36786
Bowjob: Mhm
jurov: ofc, nobody forces me since i made my own: https://bitfunder.com/asset/CoinBr.iDiff-E
jurov: hate to do commercial plugs but
mjr_: lol :)
mjr_: i think its great
jurov: that one has known collateral and shorter maturity
mjr_: so caveat emptor market orders may not even have chance at profit
jurov: yes
mjr_: so at .08 they look like a bargain for june
jurov: lol i bought some at 0.035 back in january... someone made an erroneous order
jurov: but was too ashamed to admit since
mjr_: fat finger lol
mjr_: nice trade :)
jurov: when they do autocombust, i'll report
mjr_: well, luckily their possible losses are known
mjr_: looking forward to april options
mjr_: and june
mjr_: going to try and sell some puts to buy calls
mjr_: dude, watching barings go under is kinda excruciating but this movie is great
mjr_: like they were epic...british bank selling louisiana to the US for France WHILE france and britain were at war
mjr_: largest land deal in history up to that point
Bugpowder: mjr_: The depost on the puts is large
Bugpowder: also, nobody is selling for .08, just buying.
mjr_: Bugpowder: how is that possible
Bugpowder: if you want some at .249 I'm selling
mjr_: who do they buy from?
Bugpowder: someone sold to their bid
jurov: Bugpowder, what does your IMMCover say?
mjr_: ok...so someone sold around .08
Bugpowder: jurov, where is that?
jurov: in statjson output
Bugpowder: mine were created a long time ago
Bugpowder: So much more than 2.9x current diff
mjr_: i was saying that i would simply place limit orders at the price i wanted and get filled or no
mjr_: wish i could calc how many puts per btc right now
jurov: bugpowder i think the only way you can sell the idiffs is to show proof they are well covered :)
Bugpowder: yah, it sucks
Bugpowder: ;;calc 19.84/70
gribble: 0.283428571429
Bugpowder: thats the deposit per contract
Bugpowder: ok, I will lower my price a bit :)
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.83799 = 4.19 BTC [-]
jurov: i suppose i just confirmed that <thestringpuller> Jurov is a big meanie head
mjr_: is this at 70 strike?
jurov: what?
mjr_: Bugpowder: that is the deposit on a 70 btc put?
mjr_: <Bugpowder> ;;calc 19.84/70
mjr_: <@gribble> 0.283428571429
jurov: no, it's on idiff.jun
jurov: bugpowder is selling
mjr_: oh ok
mjr_: what is the collateral requirement for a 70 put
jurov: ;;bc,24hprc
gribble: 68.26
jurov: ;;calc 70/68
gribble: 1.02941176471
jurov: something more than that
Bugpowder: its more than that
Bugpowder: yeha
Bugpowder: probably around 90
Bugpowder: if you want calls, buy calls
assbot: [MPEX] [S.DICE] 2000 @ 0.004004 = 8.008 BTC [-]
mjr_: 90?
Bugpowder: around there
Bugpowder: The formula is not known
mjr_: 90 btc per put?
Bugpowder: no about 1.2 per put
assbot: [MPEX] [S.DICE] 352 @ 0.004 = 1.408 BTC [-]
Bugpowder: create a single put and find out.
Bugpowder: report back
Bugpowder: calls are always 1BTC
Bugpowder: Puts are always more
Bugpowder: than 1 BTC
mjr_: thats not ture
mjr_: true
mjr_: it is possible to create multiple puts for 1 btc
mjr_: it depends on strike
mjr_: the only thing we know is that puts are a function of strike so you could get multiple puts per btc or fewer than 1 puts per btc
mjr_: at least that is how it was explained to me...i mean who needs more than a 1 btc for a put struck at $1?
jurov: my calculation was as per the faq, but there's some padding.
mjr_: now that put would be more than likely worthless to everyone
mjr_: but if you figure that's one end of the spectrum
mjr_: a put at $120 or so would be the other side (not sure max strike atm)
jurov: max strike is 75 atm, planned to be 200
mjr_: ah cool
mjr_: puts are tough
Bugpowder: mjr_: The minimum is 1 BTC. Any strike will go to infinite BTC value if BTC falls to $0.
Bugpowder: the 2% creation fee pays for 'insurance' on that possibility
Bugpowder: obviously if BTC goes to zero, you could just buy infinte BTC to pay the debt.
jurov: that's quite a philosophical exercise, since there will be only 21M BTC ever.
jurov: such debt would prolly be better repaid with pizza
jurov: :)
kakobrekla: lol
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.81 = 4.86 BTC [-]
Namworld: If Bitcoin was to permanently become worthless, I'd gladly accept a pizza instead =/
mjr_: Each PUT requires an amount of collateral equal to strike / spot BTC .
mjr_: using MKOPT
jurov: yes, but there's some additional secret sauce
mjr_: is that not for split?
mjr_: split doesn't tell you what margin requirements are exactly
jurov: according to my understanding, split jusr divides provided amount into half
mjr_: only that you will get a certain number of puts based on the strike/current
jurov: and for puts it uses same formula as mkopt
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8 = 1.6 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8 = 2.4 BTC [-]
mjr_: but the MKOPT seemed straightforward
mjr_: ah ok
smickles: ;;rate [ident Namworld] 1
smickles: gribble?
smickles: ;;rate Namworld 1
smickles: D:
gribble: Rating entry successful. Your rating of 1 for user Namworld has been recorded.
gribble: Rating entry successful. Your rating for user Namworld has changed from 1 to 1.
smickles: oh, lag
jurov: ;;gribblelag
gribble: Error: "gribblelag" is not a valid command.
smickles: ;;latency
gribble: 0.10 seconds.
smickles: ;)
jurov: ah so :)
jurov: ;;goxlag
gribble: 0 seconds
jurov: urmom
jurov: ;;ticker
gribble: BTCUSD ticker | Best bid: 71.20001, Best ask: 71.85100, Bid-ask spread: 0.65099, Last trade: 71.20001, 24 hour volume: 40755.29045224, 24 hour low: 62.70000, 24 hour high: 72.49999, 24 hour vwap: 68.61685
jurov: is the api back up? or nanotube updated?
jurov: https://data.mtgox.com/api/2/BTCUSD/money/ticker is working
jurov: and it's at 72.4999, everyone fasten the seat belt
Namjies: urgh, lost connection
taub: can someone explain the wall theory nonsense to me?
taub: so many stupid conspiracy theories on the forum
mjr_: lol
mjr_: who would report gribble lag?
mjr_: that was such a sad movie
mjr_: the jacket he wore sold for 21,000X what barings was sold to ING for
mjr_: if that isn't fucked up, i don't know what is
cadsII: taub: my understanding is that the wall is a large amount of sell orders that were put on the upper margin by bears.
mircea_popescu: taub not much to explain
mircea_popescu: forum consists of posts. posts have to be made.
mircea_popescu: so they'll be made.
smickles: woah, netsplit
cadsII: taub: link me?
taub: https://bitcointalk.org/index.php?topic=85687.msg1668250#msg1668250 posts like these
taub: yea cadsII, but people think because bitcoin has great longterm potential that there wont be any dips or something heh
taub: eh stupid people will be stupid
mjr_: yep just a bunch of resting orders on a book at a certain price
mjr_: seems like people forget about the old cancel button far too often
mircea_popescu: https://bitcointalk.org/index.php?topic=85687.msg1668521#msg1668521
mircea_popescu: lmao that guy is funnaty
mircea_popescu: the forum. it delivers.
mircea_popescu: 783 pages ?!
mircea_popescu: ;;get info tradefortress
gribble: Error: The command "get" is available in the Dunno, Herald, and Topic plugins. Please specify the plugin whose command you wish to call by using its name as a command before "get".
mircea_popescu: ;;getinfo tradefortress
gribble: Error: "getinfo" is not a valid command.
mircea_popescu: sigh
mjr_: i wonder how many short positions there really are
mjr_: i know of one place where you can short
mjr_: and i don't think their volume is a huge percentage
dub: ;;gpg info tradefortress
gribble: User 'TradeFortress', with keyid None, fingerprint None, and bitcoin address 1xw6QFuj3jvQ1spfT9H5kqitaByeJjSRB, registered on Sun Sep 23 04:48:53 2012. http://bitcoin-otc.com/viewgpg.php?nick=TradeFortress . Currently not authenticated.
mircea_popescu: ty!
mircea_popescu: mjr_ you mean on bitcoin ?
dub: en pee
mjr_: its funny though
mjr_: because all those people who think that walls are conspiracies
mjr_: don't realize that the wallmakers have all the risk
mjr_: or should i say most
mjr_: price manipulators are usually fighting the market
mjr_: trying to maintain prices buy support buying or what have you
mjr_: or on the flip side trying to keep price low while waiting for funds to clear (stupidest theory)
mjr_: the bigger the market the harder to control
mircea_popescu: the entire manipulation thing is kind of nonsense.
mircea_popescu: but since peiople's education consists mostly of films and novels
mircea_popescu: and conspiracy is the cheapest plot device
mircea_popescu: people's education consists mostly of conspiracy
taub: hah :D
jurov: still, i wouldn't rule out somethink like goxapi backdoor
mircea_popescu: jurov sure.
mircea_popescu: https://bitcointalk.org/index.php?topic=157519.0 << check this one out. the 0.015 btc scammor.
arij: 0.015 :/
taub: lol
mjr_: and with the dearth of margin (5 x 1 is good in btc trading...300 x 1 is easy in forex) you can't put up the imposing walls that make people sit back
arij: where can you trade btc on a margin?
mircea_popescu: on mpex lol.
taub: theres this one site but it has high fees
Namworld: 0.015 affords you a palace in shantytown
taub: mpex?
Namworld: Hey arij
mircea_popescu: except those don't get mixed into the main market info by design
arij: hey nam
taub: oh that:)
mircea_popescu: but anyway, re shorts : there were at least 20k btc total in short positions at a few points this month
mircea_popescu: and last month prolly more
Josh_Rossi: USD Current rate (APY): 328.63%
mircea_popescu: bitfinex ?
Josh_Rossi: 7 510.0% 1486.84 2
Josh_Rossi: yes
mircea_popescu: heh.
Josh_Rossi: the second one is a 7 day loan at 510%
Josh_Rossi: that is a standing offer
Josh_Rossi: ~1500 USD requested at that rate
mircea_popescu: hahaah get a load of this :
mircea_popescu: ;;gpg info MagicalTux
gribble: User 'MagicalTux', with keyid 1C797C313C89C25F, fingerprint 6EF3EC1D36EE80D651E8A7991C797C313C89C25F, and bitcoin address None, registered on Sun Mar 6 22:43:15 2011. http://bitcoin-otc.com/viewgpg.php?nick=MagicalTux . Currently not authenticated.
mircea_popescu: ;;getrating MagicalTux
gribble: WARNING: Currently not authenticated. User MagicalTux, rated since Mon Dec 20 10:21:21 2010. Cumulative rating 116, from 37 total ratings. Received ratings: 37 positive, 0 negative. Sent ratings: 14 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=MagicalTux
mircea_popescu: ;;getrating mircea_popescu
gribble: WARNING: Currently not authenticated. User mircea_popescu, rated since Fri Jul 22 08:04:26 2011. Cumulative rating 116, from 60 total ratings. Received ratings: 55 positive, 5 negative. Sent ratings: 62 positive, 13 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=mircea_popescu
Josh_Rossi: nice rating
Josh_Rossi: ;;getrating Josh_Rossi
gribble: WARNING: Currently not authenticated. User Josh_Rossi, rated since Sat Mar 9 16:02:17 2013. Cumulative rating 1, from 1 total ratings. Received ratings: 1 positive, 0 negative. Sent ratings: 0 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=Josh_Rossi
MJRIII: thats better...
jurov: mircea_popescu: deposits, please?
MJRIII: bitfloor last is 73.50
MJRIII: once its up around $100 i can't wait to just trade for fun
mircea_popescu: jurov thy wish is my command.
MJRIII: rebate is really nice at that price
jurov: thx
mircea_popescu: smickles my npd goes as such : yest told waitress she has a beautiful smile and it's a pleasure to talk to her which made her smile compulsively like an idiot every time she saw me and then gave her a nice tip. today cooked pasta and had jasmine tea (4 cups). so you tell me.
mircea_popescu: and also jasmine tea is the best tea there is.
mircea_popescu: also this chatlog is a riot lol. clockbluffers.
MJRIII: did you watch the tiberiusiv section?
mircea_popescu: im reading through iot
mircea_popescu: where it=log
MJR_III: it tends to repeat itself as tiberiusiv keeps circling back to his old flawed points
MJR_III: smickles really cut the argument down to its core though, so good job to him
Bugpowder: tiberisuiv is a little puppy, very excited about all these new ideas bitcoin has put in his head.
jurov: wait till mircea comes to what tibby thinks about his sdice opinion
MJR_III: i know yeah
mircea_popescu: for the record tho : the dividend-based corp valuation model is flawed.
mircea_popescu: i understand the value of dividends in decreasing risk
mircea_popescu: however, plenty of irl companies pay no dividends. hathaway paid no dividends.
mircea_popescu: or whatever, paid 1 cent once in 197x
MJR_III: mircea_popescu: that was kakobrekla's point of view
dub: I like monkey paw green tea
mircea_popescu: and YES, buffett COULD wire himself all their capital in uganda and run off.
MJR_III: AAPL being the best example
MJR_III: did not pay any dividends in steve jobs era IIRC
Bugpowder: dividends make sense if you have a strong income flow but not a good plan for applying that capital to company growth
smickles: i was a bit of a troll at some points MJR_III ;)
MJR_III: smickles: it was in that sense anti-troll
mircea_popescu: Bugpowder exactly. which is why i see why the cavirtex ppl wouldn't really want to pay dividends.
MJR_III: because saying evoorhees runs sdice and bitinstant is patently false
mircea_popescu: i don't think that necessarily speaks against them
mircea_popescu: MJR_III iirc evoorhees was pr for bitinstant ?
mircea_popescu: im pretty sure shrem runs it
MJR_III: mircea_popescu: i agree...but i don't like having to sell a position to take profits
mircea_popescu: MJR_III that's also a point, yeah.
MJR_III: if i believe in the company i'd rather just buy and hold...but sometimes you need to take some profits to rebalance
mircea_popescu: well... here's the other side of that coin :
Bugpowder: fuck balance, buy calls
Bugpowder: :-P
mircea_popescu: the fact that stocks work as bonds (ie, they issue dividends)
mircea_popescu: makes the markets very illiquid
MJR_III: good point
mircea_popescu: or moreover, fractured : the big time holders who don't participate in price formation
MJR_III: i am in that boat now with sdice
mircea_popescu: and the 1-10 btc holders who move the price 30 to 70 to 30 to 70
mircea_popescu: creating a general; impression of disorder
MJR_III: that is my biggest problem
mircea_popescu: yeah.
MJR_III: it fucks up my performance sheets
MJR_III: and for no real reason
MJR_III: since volume is very low and spreads are wide
mircea_popescu: so in a very macro sense you are better off as a portofolio investor with the "have to sell ot realise" paradigm, as inconvenient as it is
mircea_popescu: because the alternative sucks more.
MJR_III: but again...valuation is the key, that is basically what caused 2008 crises
MJR_III: people not knowing what shit was worth
mircea_popescu: course corps like s.dice have no choice in the matter, as there's no practical way to deploy.
mircea_popescu: but corps that have the choice...
MJR_III: i was watching rogue trader today...they sold nick leesons trading floor jacket for 21,000 lb
MJR_III: sold barings for 1 lb
mircea_popescu: they should have sold his jacket for shares
MJR_III: hehehe
mircea_popescu: not for fiat
MJR_III: actually they should have claimed that it was a liquidable asset
MJR_III: and ING should have gotten it
MJR_III: i'm about to watch margin call...but that very word makes me feel ill
MJR_III: which is why i like bitcoin trading...i don't have margin calls to worry about
mircea_popescu: lol @ "unless there is legislation STOPPING you it is implicityly legal" "WRONG" part
mircea_popescu: tiberiusiv who told you this ?
MJR_III: you will lol quite a bit
MJR_III: it gets worse from there
mircea_popescu: but anyway, i don't get his numbers.
MJR_III: this is completely ignoring the matter of jurisdiction of said legislation
Bugpowder: ;;bids 0
gribble: There are currently 40223789 bitcoins demanded at or over 0.0 USD, worth 7129667.659 USD in total. | Data vintage: 97.4144 seconds
mircea_popescu: s.dice paid ~70k btc in a year and the average mkt cap past month is 500k
mircea_popescu: what 30% ?
Bugpowder: nice... Up from $6.2MM
mircea_popescu: Bugpowder kinda meaningless figure tho innit.
Bugpowder: not totally
Bugpowder: the is the lower bound of cash on hand at mtgox
MJR_III: in some ways it makes more sense to think of SDICE as a private equity stake
MJR_III: it is just getting started i feel
mircea_popescu: 100 dollars deposited allows you an order of 10bn btc at 0.00000001 eacgh
Bugpowder: more useful would be total current deposts.
mircea_popescu: yes.
Bugpowder: mircea_popescu: I am not interested in the BTC number, just the USD total
mircea_popescu: but they can't publish that as it'd tell a real sad story.
Bugpowder: asks IS worthless
mircea_popescu: oh i see, i misread. yeah.
MJR_III: did you see the number of tickets available?
mircea_popescu: yeah, that is something.
Bugpowder: yes
MJR_III: not available actually but in queue
MJR_III: fucked up how much noise to signal there is from the biggest exchange
mircea_popescu: "mjr: if satoshidice future was more certain, the price would reflect it, it doesnt." << well, this is fundamentally a broken argument.
mircea_popescu: a restatement of the efficient market theory, which is broken even in fiat.
MJR_III: yep
MJR_III: he is a HUGE proponent of efficient market
smickles: Bugpowder: it's not cash on hand at gox
MJR_III: as you'll see...i told him if market was efficient it'd be broken
MJR_III: no trading ever
smickles: gox lets you place bids b/f you have cash in the account
smickles: they show in the book and only disappear when they get touched by an ask
MJR_III: perfect illiquidity
mircea_popescu: smickles what ?!
mircea_popescu: they have the phantom liquidity model too now ?!
Bugpowder: no
mircea_popescu: wtf is it about bad ideas that makes them so irresistible to people.
dub: isn't dice price a reflection of random market killing acts by its issuer?
Bugpowder: they don't
Bugpowder: smickles is wrong
mircea_popescu: dub possibly.
MJR_III: Bugpowder proved that last night
MJR_III: dub: lol
mircea_popescu: Bugpowder don't they ?
Bugpowder: I tested it.
mircea_popescu: a ok. was about to blow up over here
MJR_III: the other orders only pop up when that one is canceled
Bugpowder: If you underfund your bids, your cheapest bids don't post to the market
mircea_popescu: so basically you can put it in, but it won't list it in the book ?
MJR_III: i think bugpowder said that they only show the closest to top of book?
Bugpowder: right
mircea_popescu: pretty clever way to do it.
mircea_popescu: kills both cats.
MJR_III: what about both sides of book Bugpowder?
MJR_III: for a market maker?
Bugpowder: Don't have coin at mtgox right now, but pretty sure you need to fund asks too for them to show
Bugpowder: I can test in a few days when I dump another batch at $97. :)
MJR_III: well that theory was busted for me...i guess their book is pretty accurate, as far as they actually have funds behind orders
Bugpowder: right, but what we REALLY want to know is the shadow pool of funds not on the book.
smickles: 'tis true m'lrd
smickles: it's why people say X wall is fake
smickles: ;;latency
gribble: 0.25 seconds.
MJR_III: been a trading movie kind of day
Bugpowder: people say X wall is fake because they are fucking idiots.
MJR_III: glengarry glen ross and rogue trader...now margin call
MJR_III: well...
mircea_popescu: glengarry glen ross kicked ass.
MJR_III: hehehe
MJR_III: yeah
MJR_III: coffee is for closers
mircea_popescu: ;;google trilema glengarry glen ross
gribble: Sa invatam Texas Hold'em impreuna, teoria cartilor pe Trilema - Un ...: <http://trilema.com/2012/sa-invatam-texas-holdem-impreuna-teoria-cartilor/>; Lewis - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Lewis>
mircea_popescu: dude google is so borkt.
Bugpowder: lol
Bugpowder: http://www.youtube.com/watch?v=8kZg_ALxEz0
dub: I was trying to think of a way that gox can be gamed through its shithouse engine
MJR_III: spammy orders
dub: you could basically stop trading with a handfull of accounts
Bugpowder: third prize is... your fired!
MJR_III: doubt they have toxic flow preventers
MJR_III: you could use the api to send many orders at tiny amounts
MJR_III: their minimum
MJR_III: filling their queues
dub: if you could work out how to reliably control timing..
Bugpowder: to some extent bots already do that
MJR_III: it is almost certain that they are doing reads on an HDD
MJR_III: well bots do it intentionally to try to place orders
Bugpowder: I would imagine they are using SSDs.
MJR_III: you could do it far outside the money
MJR_III: you wo9uld imagine wrong i think
Bugpowder: and that the whole book is kept in RAM
MJR_III: 2 minutes lag with an ssd?
MJR_III: lol, i wish
MJR_III: no way its that slow if that were the case
MJR_III: DB programming is one of the biggest areas where this space needs help
Bugpowder: They are not hitting the disk.
MJR_III: you are sure?
Bugpowder: nope
Bugpowder: But the book isn't very big
MJR_III: how could they be so slow in RAM
MJR_III: even more reason they can't have it in ram
mircea_popescu: MJR_III because they run a webserver on the same machine
mircea_popescu: and when apache gets flooded it slows down
MJR_III: they list "improving the matching engine is one of our biggest projects right now"
MJR_III: apache is not the matching engine...though that very may well exacerbate the problem
mircea_popescu: they're prolly going to move it on a separate machine seeing how i the "how mpex does it" article made the rounds
mircea_popescu: which thanks god already.
mircea_popescu: MJR_III apache slows down the entire machine.
MJR_III: ah could be true i suppose
MJR_III: not a big fan of apache...its ok
MJR_III: nor am i a fan of php
MJR_III: they should have gone nodejs, nginx, and mongodb
smickles: < Bugpowder> smickles is wrong << i guess they finally gave that up, huh? (also, i'm laggin out like mad cats)
MJR_III: but mostly for the cool factor
mircea_popescu: well... most webservers come prioritised out of the box
dub: smicklescorp under ddos?
mircea_popescu: "Most open tickets have a resolution within 20 minutes. Remaining cases are when there is not enough information, or when issues are not simple user-specific issues (or linked to an outage)."
mircea_popescu: sez tux.
smickles: dub: yeah, by the damn baidu bot
smickles: it hits me about 12 times a day
MJR_III: btw... mircea_popescu did you see the Private Equity deal for CoinBase?
Bugpowder: mircea_popescu: They raised my withdrawl limit two hours after I emailed them
jurov: interesting, bitcoin-central does accept unfunded asks too, but shows them in book with zero amount
mircea_popescu: MJR_III i have nod.
mircea_popescu: Bugpowder that's cool.
mircea_popescu: as far as i know you're the only person with a positive experience with them.
Bugpowder: yah, I was afraid it would be a PITA and I'd be behind 5500 accounts waiting verification
mircea_popescu: not discounting it, but it IS exceptional.
Bugpowder: I was already verified so it must have been easy
Bugpowder: so many reddit posts about how hard it is to buy bitcoins
MJR_III: lol, i am loving bitfinex
MJR_III: put $170 in on the 19th...$175 today...
MJR_III: crazy to see compound interest at work...usually its fractions of pennies
Bugpowder: its really a system of haves and have nots. People with verified gox accounts that aren't scared by filling out a wire form or put off by paying a $30 fee, or have a bitcoins direct account... Those are the haves. Then there are the people that use coinbase or are sitting in the verification queue.
nanotube: jurov: i updated to use the new data.mtgox
Bugpowder: Bitcoin is just such a stunning example of how profitable it can be to be an early adopter of something, on some many levels.
Bugpowder: so many
jurov: can i resell my verified acct somehow?
jurov: or would it be suspicious that guy from yurp suddenly gets bunch of ach,dwolla and such stuff?
mircea_popescu: Bugpowder then there's the people with 50k waiting for 3 months for the "developers" to look into it
smickles: http://blog.smickles.com/wp-content/uploads/sites/3/2013/03/scary-batman-double-top.jpg
Bugpowder: mircea_popescu: Did they wire in over $10k at a time?
jurov: let's finish the drawin together
mircea_popescu: Bugpowder long time user guy, im sure he didn't step into anything obvious.
Bugpowder: sux. that's like 0.65 Teslas.
mircea_popescu: "MagicalTux already explained that he is writing a entirely new site that is decent and not a stupid magic the gathering trading script. "
mircea_popescu: https://bitcointalk.org/index.php?topic=20572.msg263943#msg263943
mircea_popescu: june 2011.
Bugpowder: So... On wednesday, thursday and friday of last week, 10,000-20,000 BTC buys went off between 15:00-15:30 GMT each day. So, we may be thru $75 within the next 15 hours.
dub: ;;market buy 20000
gribble: A market order to buy 20000 bitcoins right now would take 1477023.0224 USD and would take the last price up to 75.1364 USD, resulting in an average price of 73.8512 USD/BTC. | Data vintage: 0.0011 seconds
Bugpowder: correction TuesWedsThurs
MJR_III: mircea_popescu: did you see the car i want to get once bitcoins make it possible lol
MJR_III: http://www.youtube.com/watch?v=Z39jXZfCpf0
MJR_III: such a beast
MJR_III: its nice to dream
MJR_III: but anyways...this PE deal could be good i think
MJR_III: https://bitcointalk.org/index.php?topic=157789.msg1669605#msg1669605
MJR_III: could probably use some activist investors lol
MJR_III: fix whatever stupid model they are using
mircea_popescu: what's with everyonebuying cars already
dub: I was gonna dismiss that based on its european decent but its actually pretty badass
mircea_popescu: "Hey All I Am a long time miner with a low budget. My 1 Gh/s isnt cutting it anymore, or has it for a long time. I need our Help to Secure a Batch #3 Avalon. I Have A Listing Up On BTCJam"
mircea_popescu: gotta love these.
MJR_III: i haven't gotten one yet
MJR_III: but maybe at $1000 per btc
MJR_III: basically military model
MJR_III: 250 btc then i think...
MJR_III: but that was not the cool link...what would you price that block of coinbase shares at?
mircea_popescu: i don't see that coinbase is worth money.
mircea_popescu: i would sell.
MJR_III: well...
MJR_III: while i agree coinbase is fucking up their opportunity
MJR_III: that just changes the price
MJR_III: they have users
MJR_III: and could turn around
MJR_III: in fact, i think that is not a good sign for them
mircea_popescu: sure.
MJR_III: looking for liquidity options ON A FORUM
mircea_popescu: but you asked me.
MJR_III: not second market
MJR_III: not an otc thing, or not another internal investor
tiberiusiv: if voorhees has 90% of sdice shares, what stops him from playing on his own site everytime he wants to dump more shares, in order to increase "profits" thereby introducing more motivated bidders to buy them
Bugpowder: mircea_popescu: A car is a functional object of desire that feels like it just might actually be in reach, even if you have only a few hundred coins.
Bugpowder: tiberiusiv: ffs
Bugpowder: read the trilemna
mircea_popescu: tiberiusiv this is a recurring topic, http://trilema.com/2013/the-question-of-the-year-in-btc/
mircea_popescu: there's even a bounty out.
Bugpowder: http://trilema.com/2013/the-question-of-the-year-in-btc/
tiberiusiv: thnx
Bugpowder: ya
Bugpowder: it is an interesting idea though
Bugpowder: (87%) now
Bugpowder: minus the mystery investors shares
tiberiusiv: if sdice had that level of profits why is mpex worth more then sdice?
mircea_popescu: omg i beat Bugpowder tyo the links once
mircea_popescu: tiberiusiv also an amply discussed topic.
Bugpowder: we need a FAQ for bitcoin-asstes
mircea_popescu: lol
tiberiusiv: the article doesnt answer the question
tiberiusiv: simply you cant prove it
mircea_popescu: something like "read http://trilema.com/category/mpex/ and then http://trilema.com/category/bitcoin/". when you're done you can't look like a fool anymore.
mircea_popescu: tiberiusiv any field of human activity will have open questions.
tiberiusiv: ever watch boiler room.
MJR_III: yes
mircea_popescu: i haven't. is it worth it ?
tiberiusiv: bitcoin enables you to run boiler room scams all day long
Bugpowder: Also known as the bitcointalk forum
tiberiusiv: mircea: its more entertainment then anything
Bugpowder: yeah its a pretty decent movie
mircea_popescu: mkay, was looking for something.
Bugpowder: I cannot freaking wait to see the MPOE results for this month
Bugpowder: I suspect a disaster is brewing for the bondholders
tiberiusiv: well why cant mpex do the same thing?
tiberiusiv: create bids to sell the 1bil shares too
Bugpowder: I assume this is what mircea_popescu is doing. Why else would S.MPOE be worth so much?
tiberiusiv: lol
tiberiusiv: mircea IS the market
MJR_III: well...think about this
Bugpowder: Not really though
Bugpowder: People have deposited a LOT of coins into the recieving address
MJR_III: investing in a company that loses value in bitcoin (as long as its not too fast) just slows your rate of gain for now
mircea_popescu: dude, i have no idea. there's an old article discussing this, i'm no better.
mircea_popescu: one idea may be that s.mpoe shareholders can never make a loss.
Bugpowder: the coins need to go into some security
mircea_popescu: s.dice can.
tiberiusiv: bugpowder: you can send coins to yourself.
MJR_III: i have always wondered why you put bondholders before shareholders
MJR_III: which is fine, but just opposite
tiberiusiv: um every business does that
MJR_III: huh?
tiberiusiv: bondholders come before shareholders.
tiberiusiv: even in bankruptcy
MJR_III: to get PAID
MJR_III: not to take losses
tiberiusiv: what losses are the bondholders taking? he didnt default
MJR_III: read the faq please
MJR_III: i'll paste it, but srsly
Bugpowder: there are many financial instruments that are concievable
tiberiusiv: he probably placed bondholders before shareholders since hes the largest shareholder
mircea_popescu: ...
Bugpowder: one should read the contract, not the name.
mircea_popescu: tiberiusiv srsly, read stuff. it's fun to read.
tiberiusiv: i did read your post, there was no answer about mr voorhees
tiberiusiv: fact is nobody knows.
mircea_popescu: you are nao discussing a different topic tho
Bugpowder: tiberiusiv: correct
mircea_popescu: which is also documented at length
tiberiusiv: voorhees has massive incentive to manipulate sdice and get rich dumping stock
Bugpowder: nobody knows, and everyone knows nobody knows except those that do not yet know that everyone knows that nobody knows.
mircea_popescu: haha
tiberiusiv: you can easily put together $5-10mil
Bugpowder: but now you know
Bugpowder: and knowing is half the battle
tiberiusiv: lol bugpowder
mircea_popescu: how much is a 2 carat, sdlightly yellow, princess cut no impurities diamond worth ?
Bugpowder: what do you mean by slightly yellow?
MJR_III: (k)In the case where MPOE, after having paid the interest as detailed above as well as all costs and fees resulting from contracts purchases and executions will be found to have a shortfall, that shortfall will be applied to the capital of the bonds deposited that were accepted proportionally, so that each bond is reduced by the same ratio as the ratio between the shortfall and the
MJR_III: calculated capital reserves requirement. Bonds that were not accepted as well as the unaccepted parts of partially accepted bonds are extempt from this reduction.
Bugpowder: $12k
mircea_popescu: Bugpowder HA!
Bugpowder: assuming its a J color, and lets say SI2
mircea_popescu: diamonds are not scarce and debeers is just manipulating the price.
Bugpowder: yes I know that you know that
mircea_popescu: it's worth $45
mircea_popescu: lalala
Bugpowder: are you using a cost based pricing model instead of a price based costing model?
mircea_popescu: hehe
mircea_popescu: just showing that speculative thought is not always economically relevant.
mircea_popescu: as enjoyable the indulging of it may be.
Bugpowder: if the diamond cost $45 to dig out, you need to spend $2000 in ads to make it worth $12000
mircea_popescu: o, we're not considering the cost to dig it out
Bugpowder: cartel is pretty much broken now right?
mircea_popescu: we're armchair economists, so we get to pick our cost model.
MJR_III: i guess the overall point to take away is invest what you want and get the returns you can...try to learn the risks, but you will NEVER have a risk free investment and you will never have perfect information
Bugpowder: why haven't prices dropped?
mircea_popescu: we'll use a copper mining model for diamons.
mircea_popescu: Bugpowder actually... the russians found something like three tons under a lake.
mircea_popescu: and i mean that, like 54734897598347985739847 carats
Bugpowder: MJR_III: yeah, to the point of tiberiusiv, this is just one more datapoint for the risk matrix. Get more datapoints and connect the dots better then everyone else and you will make money in this bitcoin shit.
mircea_popescu: just like irl,
mircea_popescu: but with bits
MJR_III: yep
MJR_III: efficient market is bullshit
MJR_III: you get what you can
MJR_III: try to know a little more than the next guy
mircea_popescu: anyway, the "it's all just one great conspiracy" argument is never disprovable.
MJR_III: hehehe...what if aliens
tiberiusiv: at the end of the day, major players hold substantial bitcoins and need bids to dump them. bitcoin has worse wealth distribution then even fiat currency by a massive margin
mircea_popescu: it carries a little more apparent water in btc than irl because there's fewer people in btc
Bugpowder: mircea_popescu: and with competition that is significantly underpowered relative to irl finance.
mircea_popescu: but then again, we KNEW there's fewer people in btc at the onset.
mircea_popescu: tiberiusiv how do you know this ?
tiberiusiv: just add up even the top 500 adresss which probably belong to 50 people.
Bugpowder: yeah, I actually doubt tiberiusiv statement is true
mircea_popescu: ...
mircea_popescu: so what, add up some fact with some assumption ?
mircea_popescu: why haven't i thought about that! you mean this can prove ANYTHING ?
mircea_popescu: wow.
Bugpowder: add up the top 50 people IRL net worth
mircea_popescu: Bugpowder i have no way of knowing. i'm one of the major holders and my addies aren't on the list.
mircea_popescu: what nao
tiberiusiv: bugpowder: none of the top 50 hold even 1% of oustanding dollars.
Bugpowder: O?
mircea_popescu: trivial to hold 1mn btc in 100k 10 btc addies.
mircea_popescu: and arguably much better safety too
tiberiusiv: yes exactly
mircea_popescu: (admitting someone cracks an address)
Bugpowder: Who owns Aramco
tiberiusiv: the top 500 adress's probably belong to 50 people
tiberiusiv: that doesnt even count the spread out individuals
error4733: ?
mircea_popescu: is this where someone whips out a "the richest 50 famblies own 547834987593485 dollars" ?
tiberiusiv: the richest families dont own the money.
tiberiusiv: they own illiquid assets they can never sell
mircea_popescu: o ic.
mircea_popescu: this because fiat is broken
error4733: dont thinks big holder keep in big wallet, u made 100 address in a second
mircea_popescu: btc not being broken... we focus on that.
MJR_III: Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem. Nothing you have ever experienced will prepare you for the absolute carnage you are about to witness. Super Bowl, World Series - they don't know what pressure is. In this building, it's either kill or be killed. You make no friends in the pits
MJR_III: and you take no prisoners. One minute you're up half a million in soybeans and the next, boom, your kids don't go to college and they've repossessed your Bentley. Are you with me?
MJR_III: lol
mircea_popescu: such bs.
tiberiusiv: yea MJR im sure your selling low and high with your 25 btc's
tiberiusiv: you a player
mircea_popescu: why ? chix in the pits are some of the hottest sackpanthers you'll ever befriend
Bugpowder: tiberiusiv: if you a baller why not flash some addresses up here
tiberiusiv: channels logged.
Bugpowder: so what?
mircea_popescu: lol. let the kid be.
tiberiusiv: make the cash without the flash
Bugpowder: what evidence do we have that you are a baller
mircea_popescu: he's taking the boy approach to learning, challenging stuff.
Bugpowder: you could just be pretending...
tiberiusiv: learning what? so far what ive seen in here is massive misunderstandings of markets
mircea_popescu: yeah, that.
tiberiusiv: no understanding of liquidty, bid/asks spreads. confusion over the fact that a tiny group of bitcoiners has massive price influence.
Bugpowder: that too
tiberiusiv: the major holders are all to happy to get coinlab to accept wallstreet bids.
Bugpowder: why wouldn't we be?
tiberiusiv: since they need HUGE bids to be able to effectively cashout
tiberiusiv: bugpowder sush you are small time
mircea_popescu: i wonder if annoyed ddos person manages to take off freenode
tiberiusiv: you were crying over $4k lost in papergains
Bugpowder: ??
Bugpowder: show me the log
mircea_popescu: anyone wanna bet on that ?
Bugpowder: I cry over ever missed bit cent.
MJR_III: tiberiusiv: it was a quote from trading spaces btw
MJR_III: tiberiusiv: you usually sound like a person who has no real experience beyond a textbook
MJR_III: anyone who believes in the efficient market theorem sounds like a freshman economics major
Bugpowder: tiberiusiv: here is why we wouldn't be... Coinlab is more likely to get hacked than to get wall street bids.
mircea_popescu: actually the more amusing part is this "coinlab wallstreet" business.
mircea_popescu: hot damn!
mircea_popescu: this guy keeps being a half second ahead of me.
Bugpowder: that's why I'm making money off you
mircea_popescu: haha i see
Bugpowder: or at least off your bondholders
Bugpowder: you have cleverly firewalled the risk
tiberiusiv: well coinlab does seem like a joke
tiberiusiv: top 26 BTC adress's are about 10% of all BTC outstanding lol
mircea_popescu: do you mean coinbase or coinlab ?
Bugpowder: both
Bugpowder: coinlab is a joke (for now), coinbase is a clusterfuck
tiberiusiv: when does coinlab officially open
Bugpowder: coinlab does have the potential to become even more of a clusterfuck than coinbase
Bugpowder: tiberiusiv: nobody knows. They moved thier alpha date to 'real soon now' 2 weeks after they said it was opening.
mircea_popescu: i would argue against such potential.
Bugpowder: heh
mircea_popescu: not because of them, obviously.
mircea_popescu: $mpexlag
mpexbot: mircea_popescu: 0.143377065659 seconds
mircea_popescu: heh.
Bugpowder: their 'partnership' with gox immediately raises thier potential beyond anything coinbase can fuck up
mircea_popescu: i am getting 6gbit for the record.
mircea_popescu: FUCK YOU MR DDOS MAN :D
mircea_popescu: mwahaha
dub: weaksauce
MJR_III: lol nice job mircea_popescu
mircea_popescu: everyone's like... snickering and shit.
mircea_popescu: there's a lot of fun can be had with computers srsly.
MJR_III: fucking testament to the strength of bitcoin as an IDEA that it survives the shitty management that people throw at it
mircea_popescu: haha now that's a point
MJR_III: and i am not talking even about EXECUTING WELL
MJR_III: i am just talking about TALKING WELL
MJR_III: managing expectations
mircea_popescu: MJR_III you're new, do you know the genjix speech ?
mircea_popescu: o boy.
MJR_III: and i am mjr_ so somewhat new
MJR_III: but we've talked before
mircea_popescu: http://trilema.com/2012/amir-taaki-has-done-and-continues-to-do-huge-disservice-to-anyone-serious-involved-in-bitcoin/
mircea_popescu: there. talkingwell.
MJR_III: fuck...not sure where i left that cookie lol
mircea_popescu: lol so make another one
Bugpowder: someone should start pastebinning these posts
Bugpowder: cut off mircea_popescu's revenue stream
mircea_popescu: fu commie
Bugpowder: S.MPOEs bid support collapses
MJR_III: lol
Bugpowder: MPEx folds
mircea_popescu: i built it all on 0.1 cent article reads!
Bugpowder: bitcoin drops to 0.01
MJR_III: i was gonna ask how much actual revenue
dub: ;;google anonymizer
MJR_III: could he possibly get
gribble: Anonymizer - Online Privacy, Security, and Anonymous Surfing ...: <https://www.anonymizer.com/>; Anonymizer - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Anonymizer>; anonymizer.nntime.com home page: <http://anonymizer.nntime.com/>
mircea_popescu: UNTOLD FORTUNES
MJR_III: priced so cheap that the time it took to set up was more than the cost
MJR_III: and now i'm doubling that cost i suppose
dub: anyway its probably not worth reading
MJR_III: lol, i gotta say the content is worth the price
dub: in that if you don't already know what a fuckup amir is, you don't really want to
dub: its hard to look at
mircea_popescu: hahaha
mircea_popescu: dub baby, he was A DEVTEAM GUY this time last year,.
mircea_popescu: you're aware yes ? painfully aware yes ?
dub: yes I am pained by his continued existence
MJR_III: "Taaki is a speaker of Esperanto" srsly?
MJR_III: so he can talk to the other five guys?
mircea_popescu: i think vrag is one of the other five
MJR_III: lol, anyway...he is a fuckup, he was behind intersango
mircea_popescu: o, no.
mircea_popescu: hes' the guy who "opensourced" the bitcoinica code, so abominations like bitfinex could spring up
mircea_popescu: except he opensourced it with sensitive passwords in the codebase
mircea_popescu: which resulted in a "heist"
dub: we haven't heard from Amir in a little while (afaik), I had hoped that his mother stopped suckling and he starved to death
MJR_III: USD11.90000 last intersango usd trade
MJR_III: buy buy buy
mircea_popescu: anyway, boiler room is downloaded and my toes are being suckled on so i shall bid you all a very fine evening and be back later.
MJR_III: let me know if you like it
dub: good movie
MJR_III: the notorious big quote was from taht movie
smickles: holy crap, mpexbot took 20 gig in a second and then upstream cut them off
Bugpowder: wat?
smickles: er, minute
Bugpowder: your bot?
smickles: $depth dice
mpexbot: smickles: S.DICE Bids: ['1512 @ 0.0038512', '1000 @ 0.00385001', '1000 @ 0.00380002', '250 @ 0.00380002', '5555 @ 0.0036']
mpexbot: smickles: Asks: ['1907 @ 0.00444436', '500 @ 0.00444437', '900 @ 0.0044444', '204 @ 0.00444442', '1000 @ 0.00449999']
smickles: Bugpowder: ^
Bugpowder: is that your bot?
smickles: i maintain it
Bugpowder: I was afk during most of the DDOS
Bugpowder: kewl
Bugpowder: u r part of the mpex ecosystem
tiberiusiv: top 410 adresses control roughly 35% of all BTC
tiberiusiv: theres a possibility 100 individuals own 50% of BTCs outstanding lol
smickles: !last s.dice
smickles: assbot?
smickles: kakobrekla: assbot offline?
MJR_III: wow so the ddos is affecting all of freenode
Thinker_: Max Keiser owns 20000 BTC
MJR_III: Thinker_ he has signed a message with an address that has 20000 btc?
Thinker_: at least he said he became a "bitcoin millionaire" when USD/BTC was 50
MJR_III: lol, after watching his show, i would take anything he says with considerable skepticism
tiberiusiv: bitcoin has one of the worst "wealth" distributions of any monetary system yet
Thinker_: MJR_III: good point :)
MJR_III: tiberiusiv: dude...if it is so bad, why get involved?
tiberiusiv: MJR what are you talking about?
MJR_III: at the end of the day all that matters is what you do
MJR_III: if its good, buy
MJR_III: if it's bad, sell
mircea_popescu: hallo. i got my film interrupted ;/
MJR_III: really only two choices
tiberiusiv: no what matters is what happens when the tiny % that influence 90% of the market change their mind.
mircea_popescu: we're seeing 11gbps sustained and peaks to 25 range.
MJR_III: yeah freenode put out alerts
mircea_popescu: sooo... i guess we find out today huh.
mircea_popescu: but so far it's not good enough.
tiberiusiv: mircea: what film?
mircea_popescu: boiler room
tiberiusiv: its more of an amusement movie
mircea_popescu: um
mircea_popescu: what else movie could it be ?!
tiberiusiv: mircea: a better one is glengary glen ross
mircea_popescu: ya but that one i saw.
mircea_popescu: anyway. "i'm not your friend, that's your mother's racket. i'm your father, i tell you when you fuck up"
mircea_popescu: solid concept.
smickles: mircea_popescu: did you see what I said happened to mpexbot?
ozonelayer: hey all. I have a question about mpex options. what is the size of each contract. 100BTC? I can't find this anywhere...
smickles: 1btc
ozonelayer: 1?
smickles: yup
ozonelayer: odd...
smickles: a little
mircea_popescu: smickles yes.
mircea_popescu: ozonelayer 1 btc per contract.
mircea_popescu: why'dya think that's odd ?
mircea_popescu: $mpexlag
mpexbot: mircea_popescu: 0.112129211426 seconds
mircea_popescu: heh.
ozonelayer: mircea_popescu: ok. thanks. typically, options are usually in units of 100 of the underlying asset. just a convention i believe (though SEC in the us may make this required...i'm not sure)
mircea_popescu: ozonelayer from a general pov tho, the best unit is THE unit, ie 1.
mircea_popescu: if they were stacks of 100 the price'd just be higher, not like you can't stack them in 100s if you want.
ozonelayer: yea...i agree. however, the convention is well established. so, this kinda goes opposite of it. no big deal. i just buy 100 as many
mircea_popescu: yeh.
tiberiusiv: mircea: rofl @ taaki article
mircea_popescu: meanwhile http://polimedia.us/dtng/c/src/134687421996.jpg
17SACMZE9: testing testing
benkay: testing
benkay_: testing
benkay_: is anybody out there?
Chaang-Noi: god the trading is slow and thin now
smickles: Chaang-Noi: assbot is offline
smickles: or do you mean btc/fiat trading?
MJR_III: i'm still here
MJR_III: strong ass ddos tonight
dub: ;;goxlag
gribble: 0 seconds
smickles: lol,
smickles: goxlag is broken
smickles: ;;ticker
gribble: BTCUSD ticker | Best bid: 70.20001, Best ask: 70.25001, Bid-ask spread: 0.05000, Last trade: 70.25003, 24 hour volume: 42883.17754023, 24 hour low: 63.51000, 24 hour high: 72.49999, 24 hour vwap: 69.52634
benkay_: ;;goxlag
gribble: 0 seconds
MJR_III: been surprisingly boring tonight on gox
mircea_popescu: $mpexlag
mpexbot: mircea_popescu: 0.108052015305 seconds
MJR_III: lol during ddos
MJR_III: i mean...network address translation routers seems obviuos
mircea_popescu: MJR_III it's an old inside joke.
MJR_III: but how does that relate to a tradeable asset?
mircea_popescu: sorta runninggag.
mircea_popescu: it's not.
MJR_III: ah ok
mircea_popescu: one of these days i gotta get myself a new keyboard that has a functioningspacebar
mircea_popescu: fuck
MJR_III: how did you write those spaces?
mircea_popescu: it works like cunt
mircea_popescu: sometimes.
Chaang-Noi: oh thanks smickles
MJR_III: how'd you like boiler room?
Chaang-Noi: but gox is slow too and all the other exchanges
Chaang-Noi: like really slow
mircea_popescu: MJR_III i got interrupted.
dub: jesus croquet playing christ I have an urgent need to break some fucking neck
mircea_popescu: buy puppies.
MJR_III: bunnies are better
MJR_III: but i am on one more finance movie for the night
MJR_III: trading places
MJR_III: lol
mircea_popescu: anyway, teh boys seem to be having things under control, so i'll prolly resume
dub: motherfucking corporate leeches existing for he express purpose of doing nothing useful ever
MJR_III: dub: what else is new
MJR_III: dub: what is the specific reason behind that statement?
dub: asshats reworking policy they don't understand, slapping completely unrelated 'standards' designations on documents that don't come close to touching the subject matter
MJR_III: ah i see
dub: and nobody thinks to either fire these prolific masturbating timesinks or let me punch them in the face until they die
mircea_popescu: "The home-made bomb exploded at a Polemidia branch ATM machine near the city of Limassol at around 12.30 a.m. on Monday."
mircea_popescu: http://greece.greekreporter.com/2013/03/24/angry-cypriots-blow-up-bank-of-cyprus-atm/
mircea_popescu: dude i'm fucked\
mircea_popescu: dub i'd fire them. you work for the wrong boss.
Chaang-Noi: lol dub, im okay if you hit them till they die if that helps
Chaang-Noi: back in the 70s for the weekend, crazy shit
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 227909 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1914 blocks | Next Difficulty In About: 1 week, 3 days, 8 hours, 18 minutes, and 9 seconds | Next Difficulty Estimate: 7152581.64559 | Estimated Percent Change: 6.82149
Bowjob: http://www.cbc.ca/news/canada/british-columbia/story/2013/02/20/bc-pidgin-protest.html
Bowjob: poor people protesting a restaurant in vancouver.. wtf
smickles: ???
Bowjob: for gentrifying the land
Bowjob: im tempted to eat at that restaurant now
Bowjob: lol
Bowjob: basically downtown east side.. is the worst part of vancouver where poor people naturally reside
Bowjob: then this new restaurant came up that the locals cant afford.. so they start protesting
mircea_popescu: lmao
mircea_popescu: are they protesting that t hey're poor or that other people are rich ?
mircea_popescu: "Protesters say the restaurant -- which offers a modern menu fusing Asian and French flavours - is gentrifying the area and the premises would be better used for housing."
mircea_popescu: lmao. they paid the rent. they get to say what the premises are best used for.
mircea_popescu: these people should be convicted to 50-100 hours of mandatory capitalism training.
mircea_popescu: fuck sensitivity, it won't get you out of the slums.
mircea_popescu: fuck gay rights and women issues and all the rest of the bs.
mircea_popescu: you go about saying "x's money should be better used for your own aggenda" you get arrested and you go to capitalism training.
Chaang-Noi: communists should be shot...
mircea_popescu: nah.
Chaang-Noi: and socalists while we are at it...
Chaang-Noi: at least in places they can vote:)
mircea_popescu: idiots should be shot. communists should just be starved to death.
smickles: shooting communists is a waste of resources
Chaang-Noi: not if they can vote
Bowjob: thats the pressing issue here in vancouver. a freaking restaurant
Bowjob: i looked at their menu.. its not that expensive compared to other restaurants here
Chaang-Noi: your poor have too much money... they should not have the energy to revolt...
mircea_popescu: Chaang-Noi it's not the poor revolting.
mircea_popescu: it's a bunch of uppity young kids who couldn't get into a real school
mircea_popescu: and need something to tell daddy over sunday dinner
mircea_popescu: as to where his college fund went.
mircea_popescu: can't just say "sorry dad, i'm a failure, my double major in dumbfuckery is useless"
mircea_popescu: much easier to say "society is broken1!111!"
Chaang-Noi: okay then the people who should be poor, like out of work kids are too rich...
mircea_popescu: yeah, but kinda hard to get parents to throw out the refuse they spawned.
mircea_popescu: they kinda get attached to them.
mircea_popescu: "my own kid, how could he be stupid"
Chaang-Noi: i started work at age 12, im sure my son will as well
mircea_popescu: well... sometimes it happens.
Chaang-Noi: i moved to a country were we can avoid silly things like labour laws
mircea_popescu: certainly if i ever have kids it will not be in a white country.
mircea_popescu: egypt, burma, whatever the fuck. something real.
mircea_popescu: brazil.
Chaang-Noi: burma is where i ahve had my eye for a long time, lots of opertuinity there
smickles: hmm, i guess my daughter is done for then
mircea_popescu: anything as long as it's not something run by the celebrated failures.
mircea_popescu: smickles whyssat ?
smickles: she's an american
mircea_popescu: that's gonna be a tough thing to be in a coupla decades, so
mircea_popescu: i wouldn't be too worried.
jcpham: western samoa
jcpham: already looking for land
Chaang-Noi: africa i would personally stay away from
mircea_popescu: jcpham isn't that too close ?
jcpham: middle of the pacific
jcpham: close tonz
jcpham: we've been there. i have friends there
mircea_popescu: ya but i mean culturally close.
jcpham: not really
mircea_popescu: isn't it practically a sort of puerto rico ?
jcpham: not really. not at all
mircea_popescu: (i have no idea, just asking)
jcpham: they live in opoen air huts
jcpham: sleep on mats
mircea_popescu: eternal campink
jcpham: yes
jcpham: catch water in ceisterns
Chaang-Noi: i want has go, if btc keep trucking up im going to be doing a lot more traveling
jcpham: no plumbing
jcpham: pre-paid electricity
mircea_popescu: aha
Chaang-Noi: ahh i like prepaid everything
jcpham: it's off the map as far as i'm concerned
smickles: wow, i really have no idea where my daughter will end up. I guess the best thing to teach here is wilderness survival skills
Chaang-Noi: wilderness survival skills are over rated... if we need to go there there will be way too many people
jcpham: eats lots of taro root and papaya
Chaang-Noi: just tach her how to use arms, and have lots of them
jcpham: it grows everywhere there
Chaang-Noi: taro root sucks, papaya is pretty nice
jcpham: taro chips own
Chaang-Noi: anything deep fried is good
jcpham: not sure why i like taro
jcpham: buddy is samoan, we've been there, i like it is cheap
jcpham: USD is like 5:1 their money
smickles: I think the wilderness survival skills I was taught helped me in a number of other areas, and I've only used the survival skills directly in recreational situations
MJR_III: the philippines
MJR_III: i think
smickles: nothin' beats catching a catfish on a self-constructed hook, line and rod
Chaang-Noi: 130nm with 6-8J/GH. how is this compared to bfl?
MJR_III: seasteading
jcpham: also i live on the lake now
MJR_III: lol
jcpham: we've been fishing for 3 days
jcpham: and eating fish
MJR_III: but seriuosly i think you could set up a nice little island in the phils
jcpham: i like to eat for free
Chaang-Noi: island in phils, watch out for pirates and muslumz... no joke
smickles: next month, we witness jcpham mad as a hatter
MJR_III: anyways hasta mananaa
MJR_III: good luck trading
Bowjob: yah, muslims in the phils are fake
Bowjob: they are just innit for the beheading
Bowjob: the real muslims, (the pissed off kind) mean business
jcpham: smickles i'm pretty mad already
Bowjob: the ones in phils shits and giggles when they behead someone
jcpham: i can't see how i could get crazier
Bowjob: and rythmically time their 'allah snackbar' chants witch each stab
mircea_popescu: papaya is disgusting
mircea_popescu: i'd rather eat used tampons
jcpham: hater
mircea_popescu: dude, it's obnoxious, it smells great and tastes rotten
jcpham: i'll make sure to invite you to my dirt hut and feed you papaya stew mircea_popescu
mircea_popescu: i'll eat your pets.
jcpham: it'll be great, you'll sit on an old log
jcpham: it'll smell like old socks
jcpham: we can have a hut orgy
mircea_popescu: allah has a snack bar ?@
jcpham: the neighbors would lose it
jcpham: bunch of fat samoans standing around my hut in a real life circle jerk
mircea_popescu: who am i going to have an orgy with ?!
mircea_popescu: you and that dude you hooked up with ?!
jcpham: porabably the dudes
MJR_III: but i think also if you are in the phils you could start a remittance service
MJR_III: $$$
mircea_popescu: myeah. i'll have my secretary check my schedule for me.
jcpham: k cool
mircea_popescu: the dude translating mpex faq to spanish made "small mormon family" into "familia de profesionales"
mircea_popescu: i was like... yeah that's legit.
jcpham: does Mormonism translate into spanish
mircea_popescu: notrly.
jcpham: can you teach a spanish person their religion is wrong and theat a guy from America is the one true prophet
jcpham: not sure if culturally correct
mircea_popescu: some dumbass who was "reading" a language he didn't speak
mircea_popescu: and then forgot what he read and couldn't read it again
mircea_popescu: so he had to start over when he lost his original notes
jcpham: we have some really fucked up religion in America
mircea_popescu: i wonder how many self-identified "mormons" are aware they're on mormon 2.0, 1.0 having been around for about sixteen months
jcpham: Jehovah's witnesses are another classic subject
mircea_popescu: back in the 1800s
jcpham: they don't believe in christmas or birthdays
jcpham: so like jehovah girls are broken
mircea_popescu: jcpham running joke in this group of law sophomores was threatening them with prosecution for perjury
mircea_popescu: as they didn't actually witness it.
jcpham: because their parents never celebrated anything with them
mircea_popescu: don't they celebrate first period or some weird shit "?
jcpham: jehovah kids are strange
jcpham: watch yourself
smickles: lol, one of those witnesses found me with my daughter
smickles: i kept the convo full of subtle puns which indicated i was an atheist
smickles: all flew over his head
smickles: he wanted to tell me that i needed his god to be a good dad
smickles: i said something about having the natural capability
smickles: he complimented my daughter's beautiful eyes, saying that they were evidence of the spectical of god
Chaang-Noi: christans are not know to be the smarts bunch
smickles: i asked him if he noticed that they presented an evolved trait of one half of one eye being blue
Chaang-Noi: or any flavourt of org religion (but jedi)
smickles: a trait that basically proves evolution in itself by the way it presents in humans
smickles: dude had no luck converting me to his creationist ways. but I gave him a fair chance
smickles: Chaang-Noi: yeah, those fsm pirates are nutters too
smickles: ;;lucky fsm pirate
gribble: http://en.wikipedia.org/wiki/Flying_Spaghetti_Monster
smickles: hah
mircea_popescu: smickles your daughter has half a b lue eye !?
Chaang-Noi: yeah, i forgot about them, they be the awesome
Chaang-Noi: i almost got registered as a minster under them
smickles: mircea_popescu: yup, and all her children and their children and so on will too
mircea_popescu: stop beating her!
Chaang-Noi: fsm is est religion evar, much better than jedi
smickles: maybe the dood thought it was the mark of satan, cause that was the end of our convo
mircea_popescu: heh mark of satan
mircea_popescu: im pretty sure satan has black eyes
Bowjob: http://twitpic.com/c99taj/full
Bowjob: our busses are polite
Chaang-Noi: ;;asks 75
gribble: There are currently 19286.523 bitcoins offered at or under 75.0 USD, worth 1425775.04212 USD in total. | Data vintage: 0.0021 seconds
Chaang-Noi: 20k hmm
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 72.00000, Best ask: 72.31499, Bid-ask spread: 0.31499, Last trade: 72.31499, 24 hour volume: 42712.39071457, 24 hour low: 65.11200, 24 hour high: 72.50000, 24 hour vwap: 69.98001
Chaang-Noi: ;;asks 99.99
gribble: There are currently 45087.562 bitcoins offered at or under 99.99 USD, worth 3779057.44622 USD in total. | Data vintage: 16.9417 seconds
Bowjob: that dude that wants to smuggle funds to malasia would push us to 100 bucks
smickles: mircea_popescu: also, because of it, she should be able to see and distinguish more colors than normal people
smickles: how do i teach her about a color which i can't see myself, i ask you
mircea_popescu: she'll figure it out.
mircea_popescu: also, better start investing in guns
mircea_popescu: you'll need em in ~16 years.
smickles: the guns never kept me away from others' daughters when i was young
smickles: maybe they were all just pussies tho
mircea_popescu: well they prolly just couldn't shoot straight.
smickles: wth is this song about, i don't understand anywhere near enough french for it
smickles: TO THE INTERNET!
smickles: oh my, that's a much, much more sexual song than i thought it was
mircea_popescu: http://trilema.com/2013/smpoe-market-cap-vs-sdice-market-cap/
mircea_popescu: if anyone is a graph reading expert, please read that to me.
Chaang-Noi: can read your own chart?
Chaang-Noi: cant*
Chaang-Noi: it measn s.dice is now worth 60% of what it was worth at its highest valuation
Chaang-Noi: so someone could theroreticaly ahve lost 40% of their welath buying at the top
toffoo: Chaang-Noi: yes MBP
Chaang-Noi: toffoo can it run linux well, thinkinga bout buying one and loading on mint 14
toffoo: would probably make most sense to keep OS X and load linux into a VMware virtual machine
Chaang-Noi: mp if you did a chart for btc the 100% would be at 74.9 and now it would be at like 95% (72.00)
Chaang-Noi: my goal is to keep an encrypted os to keep a btc wallet while i travel
Chaang-Noi: only think i need it for is btc
toffoo: OSX has native full disk encryption .. no need for linux for that
Chaang-Noi: im going to buy it at the store, how do i encrypt it?
mircea_popescu: Chaang-Noi this is a mkt cap chart tho. if i took the dollar total value of BTC and the dollar value of a small company and compare them
Chaang-Noi: i have not used a mac in over 20 years
Chaang-Noi: mp lol what?
toffoo: there's an option in settings .. it does it in the background while you work .. it's really easy
mircea_popescu: yeah.
Chaang-Noi: mp what i said stands unless there was share dilution
mircea_popescu: there's no price in there, it's a ratio.
Chaang-Noi: that is why i know the guy lost 40% if bought at a high, im not telling you a price he lost at, just a ratio... 40$ is a ratio
mircea_popescu: mno.
Chaang-Noi: mno means?
mircea_popescu: say today google mkt cap is 5bn and apple mkt cap is 4 bn. then that would be 80% for that day on the graph
mircea_popescu: tomorrow goog mkt cap is 6bn and apple 4.5 bn
Chaang-Noi: you cant look at it like that lol
mircea_popescu: that's 75% on graph
mircea_popescu: etc.
Chaang-Noi: your chart does not show anything abouty that]
mircea_popescu: ...
Chaang-Noi: your chart only looks at s,.dice with limited info
mircea_popescu: dude you're telling me what it does based on you having glanced at it ?
mircea_popescu: stop being so superficial wth.
Chaang-Noi: it would be silly to take that chart and then look at a google chart... you could, but the only thing you could gain in knowledge is to see if the trend down was the same or not
Chaang-Noi: ?
Chaang-Noi: i honestly belive you do not know how to read that chart...
mircea_popescu: listen. it's X item valued in btc divided by Y item divided in btc
mircea_popescu: the price has been divided out, it's just relative sizes.
Chaang-Noi: all you show in the chart however is a ratio...
mircea_popescu: yes.
Chaang-Noi: it is easy to see (assuming no share delution, or buy backs) a guy if invested at the top has lost 40%
mircea_popescu: 40% whats ?
Chaang-Noi: wealth
Chaang-Noi: in whatever currancy the market cap was figured in
Chaang-Noi: im going to assume btc
mircea_popescu: listen, if i divide a distance in meters by another distance in meters, what will the result be measured in ?
Chaang-Noi: that is why i gave you the ratio of 40%
mircea_popescu: right.
Chaang-Noi: you then asked of what
mircea_popescu: right.
Chaang-Noi: so to find that out i have to see where you started
Chaang-Noi: and i assume you started with btc
Chaang-Noi: this is basic chart read and basic maths?
mircea_popescu: yeah lol. it is pretty basic, but apparently not quite understood.
Chaang-Noi: yeah i can see that, but really its not a hard chart, look at some other real life examples and i think you can get it to click
mircea_popescu: Chaang-Noi you're the one that's not getting it is the problem.
Chaang-Noi: also you should not start that chart at 0 but rather the ipo price
mircea_popescu: come up with an example of such a chart, i'm curious.
Chaang-Noi: i ahve nothing to prove to up mp, you asked for my help, i gave it. take it or not, up to you
mircea_popescu: lolk.
Chaang-Noi: others here will tell you im correct in what i said if you have doubts.
mircea_popescu: that'll be just as entertaining as the original.
Chaang-Noi: yes, i agree
Chaang-Noi: maybe someone else can explain it a bit better than i, im not a good teacher.
mircea_popescu: you're a very good dunnker-krugerand tho. it compensates.
Bowjob: "Currently waiting to transfer flights in Europe, this week should be fun." -Loaded
Bowjob: hold on to the rockets
Bowjob: bears gonna get slaughtered
Chaang-Noi: lol, i help you out and you give me insults:) you must be a very angry guy.
Chaang-Noi: hope loaded is not a troll
Bowjob: mhm, it could be he's planning a dump as wella ctually
Bowjob: he owns like 40k something btc
Bowjob: but i dont see why he would od that
Chaang-Noi: i doubt he dumps
mircea_popescu: Chaang-Noi dude, angry bs. the situation is this : i open up something for public discussion, you come up with a completely misunderstood notion of wtf it is. i tell you so.
mircea_popescu: im not angry or elated or anything else. just slightly amused.
Chaang-Noi: :)
mircea_popescu: think of it in terms of countries. there's two countries and we're measuring their power.
mircea_popescu: the smaller one goes from 40% to 80% of the bigger one during 2012
mircea_popescu: then suddenly drops back to 20% during a few months
mircea_popescu: then starts climbing up to like 60% in a few weeks.
mircea_popescu: the question is why ?!
mircea_popescu: what has happened that turned the slow uptrend into a sudden downtrend late december ?
mircea_popescu: and then what has happened to turn it back again early feb ?
Chaang-Noi: yeah trends are about the only thing you can look at here, and really they both could have lost 99% of value or gained 99% of value in the real world, this kinda of chart is not really sueful for much
Chaang-Noi: it is only usefull if you have context
mircea_popescu: well yes, if both suddenly lost 99% of value in one week that wouldn't show on the graph
Chaang-Noi: share dilution would be one thing we would need to know
mircea_popescu: only their relative evolution is shown, all the outside noise tuned out
mircea_popescu: like btc going up and down etc
mircea_popescu: there was no share dillution tho.
Chaang-Noi: if on lost 99.5% and on lost 99% just looking at the chart we would think the one that only lost 99% is better
mircea_popescu: double, actually. yes.
Chaang-Noi: i mean shares coming onto the market, when did he dump that extra 3% of the company? cuz that was 33.33% more shares traded
mircea_popescu: well, i sold 10mn packs a number of times and erik i think sold 1mn 3x
mircea_popescu: diff times.
mircea_popescu: iirc in february
cads: Hey guys, what do you think about the threatened attack against the LTC? https://bitcointalk.org/index.php?topic=153460.0
Chaang-Noi: when he sold he put a lot of downard pressure on the stock and thus the whole company valueation
mircea_popescu: and yet trend is up
Chaang-Noi: cads he needs to add 3 0s to his bounty...
mircea_popescu: cads uhm
Chaang-Noi: mp trend is up to the other stock, but mdice has lost value
Chaang-Noi: sdice
mircea_popescu: wait. to highlight the insecurity he's going to pay someone to highlight the insecurity ?
cads: evening, mircea. Hah, Chaang-Noi.
Chaang-Noi: mp it is a retarded troll who fails at life... cads should ignore him, or if not make fun of him
Chaang-Noi: mp that chart you made, with out context can not really show a whole lot of info, unless your whole world is nothing but s.dice and the other stock
cads: Chaang-Noi: yeah, sure, ignore the dude, and everyone else calls him by his initials ;)
Chaang-Noi: we need context
Bowjob: avalon just sent out a newsletter
Chaang-Noi: cads what?
Chaang-Noi: ignore the guy trying to attack ltc not mp
Chaang-Noi: bowjob link ?
cads: Chaang-Noi: ah
mircea_popescu: Chaang-Noi the other world kinda is only those yeah.
cads: yeah, he isn't really signalling very credibly
Chaang-Noi: cads it wont happen this was treid 9 months ago it failed hard
mircea_popescu: the recent bitcoin misadventure has clearly shown we need at least one backup
mircea_popescu: honestly i hope more people make more alt chains
Chaang-Noi: yeah its why i hold over 100k ltc
Chaang-Noi: im not a btc nut, im a crypto coin nut
Bowjob: chang, i wont exactly link you to my email accoun
Bowjob: t
cads: Chaang-Noi: Hear hear.
Chaang-Noi: true cryptoi anarchists wont care for the btc brand name like the many who attack ltc...
mircea_popescu: Bowjob pastebin ?
Bowjob: mhm, sure
Chaang-Noi: damn you bowjob!!! :)
Bowjob: http://pastebin.com/BBjr9B78
Bowjob: the original email is an eyesore, i actually put it on word..
mircea_popescu: We plan to start shipping majority of batch two orders starting on 15th of April.
mircea_popescu: this used to be "shipped by 15th of april" eh
Chaang-Noi: well it is just a "plan"
Bowjob: Basically what he;s saying is batch 2 will arrive at the end of may
Chaang-Noi: and bfl is still 4 to 6 weeks
Bowjob: since some bullshit reason will give them another excuse
mircea_popescu: so basically avalon is going full mining farm. big surprise.
Chaang-Noi: go asicminer
Chaang-Noi: if i was avalon i would too
mircea_popescu: ya. currently #1 threat to bitcoin
mircea_popescu: larger than mtgox, if that can even be believed
mircea_popescu: larger than the weirdo devteam
Chaang-Noi: ltc is asic resistant
mircea_popescu: they're a problem.
Chaang-Noi: we might see 70% if the netwrok at two places in china if bfl fails like they might
Bowjob: so if avalon 3s dont get purchased, yifu will mine themselves
Bowjob: no mention of a vacation
Bowjob: lol
mircea_popescu: heh.
mircea_popescu: "this was the plan all along".
Bowjob: gah, so by end of may
Bowjob: sucks, i was hoping to get the best birthday present ever
Bowjob: fuck that shit.
mircea_popescu: if the western world we're sane this'd be pretty much the start of ww3.
Chaang-Noi: honestly there is no reason why they should not keep the hardware once all orders all filled, however bfl can do this for years, lol
Chaang-Noi: cant
Bowjob: " organize"
Bowjob: mean vacation
Chaang-Noi: chinese do not vacation like you or me...
Chaang-Noi: vacation means work differently,
Bowjob: bfl syndrome
Bowjob: fuck them
Bowjob: why cant we have a reputable asic vendor. that does exactly what they say they would
mircea_popescu: Shipping Time: May 5st, 2013
mircea_popescu: may 5st!
Bowjob: "a brand new SMT line in our facility. This upgrade will effectively double our production capacity, it enable us to put Avalon into the hands of our customer even faster. The new line is currently scheduled to come online during the last week of April"
Bowjob: What I don't get is.. if SMT line is scheduled to go online at the end of April..
Bowjob: and they say they will ship the majority in the middle of April
Bowjob: taht means they will only ship 300 at most in the middle of april
Bowjob: the other half at the end of april, adding extra delays and fuckups.. the "shipping date" will be May 5th, followed with 3 weeks of uncertainty
Bowjob: and followed with the actual stuff getting into customers' hands at the end of may
mircea_popescu: maybe
ZedsterX: pardon the interuption but is https://btc.penek.org/ down for everyone
mircea_popescu: doesn't load for me
ZedsterX: thx MP
Chaang-Noi: mp may 5st? lol for what?
Chaang-Noi: last half of batch 2?
Bowjob: yeah the max they can produce is batch 3
Bowjob: i mean
Bowjob: 300 units
Bowjob: for half of april, factoring the fuckups, shipping 5-10 a day
Bowjob: k, the math doesnt add up they ship a bit more than that..
Bowjob: yeah, chances are.. batch 2.5 will be at the hands of customers at the end of may
Chaang-Noi: works for me
mircea_popescu: basically bitcoin is on a countdown before avalon gets too much mining together.
mircea_popescu: well played, i must agree, throw a few scraps to the clueless westerners, enough to get them to front your capital.
mircea_popescu: unethical, but then again chinese.
Bowjob: they still have one big haul left
mircea_popescu: time is tickingaway.
Bowjob: so they will get about 2.6 million dollars
Bowjob: and makea farm for themselves
Chaang-Noi: mp i would do what they did if i had rthe skillz
Bowjob: if they dont get the 2.6, they will mine anyway
Chaang-Noi: i would stay under 50% hoowever
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 72.00001, Best ask: 72.27999, Bid-ask spread: 0.27998, Last trade: 72.00001, 24 hour volume: 43429.77497546, 24 hour low: 66.10000, 24 hour high: 72.78499, 24 hour vwap: 70.24961
Bowjob: 75btc for avalon 3
Chaang-Noi: ;;asks 75
gribble: There are currently 18991.757 bitcoins offered at or under 75.0 USD, worth 1404049.42126 USD in total. | Data vintage: 0.0021 seconds
Chaang-Noi: lost 1000 on the weekend, good news...
Namworld: ?
Chaang-Noi: either someone bought into the walls or they were taken down by 1000 coins since like 8 hours ago
Chaang-Noi: makes me all bullish inside my special placez
Namworld: uh... not sure what's going on exactly but eh
Chaang-Noi: :)
Namworld: You lost 1000 BTC? I hope not. Maybe USD?
Chaang-Noi: no no
Chaang-Noi: the asks lost 1000 btc under 75
Namworld: oh
Namworld: right
Chaang-Noi: price moving up
Namworld: there's two big walls left
Chaang-Noi: yeah but we are moving in the right direction, and it still weekend sorta
Namworld: yeah
Namworld: Well I doubt these walls will hold
Chaang-Noi: i doubt 48 hours, unless we crash
Bowjob: loaded is hinting at a european client
Bowjob: All right, for those of you who like to gamble, batch 3 will open in a few hours
Bowjob: I will take a look at whats going on.. but i wont buy
dub: ;;bc,nethash
gribble: 55107.853568001425
mircea_popescu: anyway. from 88 - 115 to 75
mircea_popescu: avalon pricing is an exercise in pulling numbrrs out of ass
dub: they could charge anything and people will buy them
Namworld: Where's topace seriously...
mircea_popescu: https://bitcointalk.org/index.php?topic=157789.msg1670399#msg1670399
mircea_popescu: lmao check out the junior members
Bowjob: 0
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.79802 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.79801 = 3.192 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.798 = 3.99 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7925 = 2.3775 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7925 BTC [-]
assbot: [MPEX] [S.MPOE] 5934 @ 0.00065033 = 3.8591 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 96 @ 0.00438 = 0.4205 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 19 @ 0.004395 = 0.0835 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 435 @ 0.00465 = 2.0228 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 139 @ 0.00469 = 0.6519 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.17639 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1764 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.501 BTC [-]
assbot: [MPEX] [S.MPOE] 4304 @ 0.00065033 = 2.799 BTC [-]
assbot: [MPEX] [S.MPOE] 19900 @ 0.00065024 = 12.9398 BTC [-]
assbot: [MPEX] [S.MPOE] 596 @ 0.00064326 = 0.3834 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7813 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.781 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.78 = 4.68 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 21 @ 0.78 = 16.38 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 73 @ 0.78 = 56.94 BTC [-]
deadweas1l: ;;ticker
gribble: BTCUSD ticker | Best bid: 72.45383, Best ask: 72.88999, Bid-ask spread: 0.43616, Last trade: 72.45383, 24 hour volume: 43903.14440387, 24 hour low: 67.00001, 24 hour high: 72.93495, 24 hour vwap: 70.83011
Diablo-D3: so we're back to that now?
Namworld: yes
Namworld: Possibly breaking 75 and running up to 100
Uglux: call it reloaded™ ;)
Namworld: I'm not sure I like the fact it's happening...
KRS1: what makes you think $100
Namworld: Actually I don't think we can go to or over the line.
Namworld: But price tends to move and stop at round numbers.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.804 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.809 BTC [+]
ChaangNoi: hmm, i like it better at .085
ChaangNoi: wonder why it is going down with avalon and bfl fail
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.819 BTC [+]
ChaangNoi: well this is the right direction atleast:)
Bowjob: what happened to avalon bet
Bowjob: seems like it got removed
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 72.30372, Best ask: 72.69999, Bid-ask spread: 0.39627, Last trade: 72.30372, 24 hour volume: 46499.99170688, 24 hour low: 67.00001, 24 hour high: 73.00000, 24 hour vwap: 70.99670
assbot: [BTCTC] [GSDPT] 15 @ 0.00439 = 0.0659 BTC [+]
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 72.21001, Best ask: 72.69999, Bid-ask spread: 0.48998, Last trade: 72.21000, 24 hour volume: 46190.13268606, 24 hour low: 67.00001, 24 hour high: 73.00000, 24 hour vwap: 71.02465
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.81 BTC [-]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00064326 = 1.2222 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.0047 = 0.0094 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.81 BTC [-]
jurov: http://news.goldseek.com/GoldSeek/1364140800.php ftw
jurov: lol let's call them by right name: cartel currencies!
jurov: so, another ddos that took out mpex.coinbr.com by shrapnel, too...
jurov: beefed it up, waiting what comes next
assbot: [MPEX] [S.MPOE] 5004 @ 0.00064326 = 3.2189 BTC [-]
assbot: [MPEX] [S.MPOE] 8200 @ 0.00064295 = 5.2722 BTC [-]
assbot: [MPEX] [S.MPOE] 19450 @ 0.00063865 = 12.4217 BTC [-]
assbot: [MPEX] [S.MPOE] 17946 @ 0.00063656 = 11.4237 BTC [-]
damientrog: shouldn't the avalon store open now?
damientrog: ah it seems to work
splnkr: damientrog: did you get one? they're already sold out
damientrog: I got a confirmation
splnkr: i missed batch 2 by a few minutes and yet I was ready to spend 4X as much to get in on this one
splnkr: looks like i just missed it too
damientrog: and payed a lot of money
splnkr: congrats to you if you made it!
damientrog: thanks
splnkr: yeah at least the dropped it from 88 to 72 BTC
imsaguy: aww
deadweas1l: is bitbet.us down?
deadweas1l: nope, just slow.
assbot: [MPEX] [S.MPOE] 18350 @ 0.00063802 = 11.7077 BTC [+]
assbot: [MPEX] [S.MPOE] 3500 @ 0.00064993 = 2.2748 BTC [+]
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 227960 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1863 blocks | Next Difficulty In About: 1 week, 6 days, 5 hours, 6 minutes, and 22 seconds | Next Difficulty Estimate: 6715661.70839 | Estimated Percent Change: 0.29624
Bowjob: seems avalon sold out
Bowjob: within 30 mins
Bowjob: k, thats way worse than my 24 hour prediction
Bowjob: shoulda said within 1 hr
ThickAsThieves: thats 300 units at 72btc was it?
Bowjob: 500
Bowjob: at either 72 BTC each, or 100 BTC for 4 modules
Bowjob: i wish i got an option for 4 modules on batch 2
Bowjob: http://i0.kym-cdn.com/photos/images/newsfeed/000/131/288/spongebob-butthurt.gif
Bowjob: someone's ranting on forums that they couldnt buy lol
ThickAsThieves: its just so amazing that BFL really is not shipping yet
ThickAsThieves: we need more asic suppliers
assbot: [HAVELOCK] [SDICE] 2 @ 0.50500001 = 1.01 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.505 = 1.01 BTC [-]
Bowjob: micon is the winner of the bet
assbot: [HAVELOCK] [SDICE] 4 @ 0.501 = 2.004 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.4905 = 0.981 BTC [-]
Bowjob: the whole thing is a scam
Bowjob: there is apparently a new asic supplier
Bowjob: shipping fall/winter
Bowjob: https://bitcointalk.org/index.php?topic=158044.0
ThickAsThieves: that Helveticoin thing?
ThickAsThieves: oh anothernother one
Bowjob: another one
Bowjob: this one is prolly a scam
Bowjob: anyone got batch 3?
Bowjob: I considered it, but I have batch 2 incoming..
Bowjob: i dont want to be too greedy
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 72.90001, Best ask: 73.01000, Bid-ask spread: 0.10999, Last trade: 73.01000, 24 hour volume: 50819.94621131, 24 hour low: 67.45000, 24 hour high: 73.01000, 24 hour vwap: 71.34375
unbalanced: Bowjob when do you expect it to arrive?
Bowjob: my batch two will arrive in the middle of may
Bowjob: batch 3 will arrive at the beginning of july
topace: !ticker h sdice
assbot: [HAVELOCK:SDICE] 1D: 0.49050000 / 0.51929412 / 0.53000000 (68 shares, 35.31199991 BTC), 7D: 0.40000000 / 0.48153116 / 0.53200000 (1169 shares, 562.90992223 BTC), 30D: 0.37000000 / 0.55362601 / 0.69400000 (5727 shares, 3170.61617943 BTC)
topace: !ticker h vtx
assbot: [HAVELOCK:VTX] 1D: 0.63210000 / 0.74049568 / 0.77980000 (176 shares, 130.32723989 BTC), 7D: 0.38280000 / 0.41016687 / 0.77980000 (10816 shares, 4436.36481305 BTC), 30D: 0.38280000 / 0.41016687 / 0.77980000 (10816 shares, 4436.36481305 BTC)
unbalanced: That'll probably still beat my BFL order from last Nov.
Bowjob: yes of course
unbalanced: How much was it in Batch 2?
Bowjob: 37500 BTC at least were put into batch 3
Bowjob: that is not some easy number in BTC land..
Bowjob: they are betting BFL wont ship
Bowjob: 500 units
Bowjob: snapped in 30 mins... i gave third batch 24 hours.. damn
Bowjob: how much u paid for bfl?
unbalanced: $1299 USD was 106 BTC back in Nov.
unbalanced: Are you sure it's against the rules to slap myself here?
Bowjob: yikes. you could afford about 2 Avalons
Bowjob: i only paid 56 BTC for my avalon 2
unbalanced: Would you like a co-investor in your batch 2? I could hedge my BFL exposure that way.
ThickAsThieves: hehe
Bowjob: nty, :P
Bowjob: i believe if BFL ships, their capacity would be so limited
ThickAsThieves: i will gladly lend you 50btc today for 500btc tomorrow
Bowjob: what you could hedge with is this.. http://bitbet.us/bet/307/bfl-will-deliver-asic-devices-before-july-1st/
Bowjob: though it seems BFL investors are losing hope
assbot: [MPEX] [S.DICE] 2900 @ 0.00449999 = 13.05 BTC [-]
unbalanced: It's always darkest before the meteor strikes.
Bowjob: so you ordered in nov
ThickAsThieves: why does that print sometimes show [-] when it should be [+]?
assbot: [HAVELOCK] [SDICE] 2 @ 0.4905 = 0.981 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.49 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.45005 = 1.3502 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.450001 = 4.5 BTC [-]
assbot: [HAVELOCK] [SDICE] 13 @ 0.45 = 5.85 BTC [-]
unbalanced: Yep, so I'll be way after other BFL deliveries.
unbalanced: I'm *that* full of win.
ThickAsThieves: i had a bfl order, but cancelled it earlier this year
ThickAsThieves: bought BTC instead
Bowjob: You did well
leotablet: what happened to the Avalon batch 1 bet on bitbet?
taub: boom bye bye wall
Bowjob: i thought mp closed it since he lost..
taub: someone here using sierra charts?
Bowjob: because it was sorta ambigous.. he bet on np
taub: is it possible to show volume in bitcoins and not in ticks
Bowjob: http://bitbet.us/bet/269/avalon-will-deliver-asic-devices-before-april-1st/
Bowjob: its pending, actually
Bowjob: thank satoshi..
Bowjob: if that bet gets canned, its a red flag
taub: is satoshi one of the original developers?
Bowjob: conflict of interest
Bowjob: yes
leotablet: I got mine delivered today
taub: and he runs the dice game? or is that just in honor of him
leotablet: I bet 3 btc
Bowjob: its a marketing ploy
Bowjob: satoshi has nothing to do with s.dice
taub: ic
taub: btc breaking out btw ;)
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.86254, Best ask: 74.88766, Bid-ask spread: 0.02512, Last trade: 74.86254, 24 hour volume: 56982.87826385, 24 hour low: 67.45000, 24 hour high: 74.86254, 24 hour vwap: 71.58647
ThickAsThieves: nice
ThickAsThieves: ;;asks 80
gribble: There are currently 12350.322 bitcoins offered at or under 80.0 USD, worth 941216.151012 USD in total. | Data vintage: 0.0022 seconds
ThickAsThieves: ;;bids 70
gribble: There are currently 6557.6808 bitcoins demanded at or over 70.0 USD, worth 467816.87006 USD in total. | Data vintage: 2.4252 seconds
Enky: ;;asks 90
gribble: There are currently 18442.798 bitcoins offered at or under 90.0 USD, worth 1460512.2211 USD in total. | Data vintage: 7.6800 seconds
splnkr: lol a zig zag to be enjoyed throughly
Enky: ;;bids 60
gribble: There are currently 31425.905 bitcoins demanded at or over 60.0 USD, worth 2089676.87999 USD in total. | Data vintage: 23.4083 seconds
splnkr: i'm with y'all
Bowjob: where is that chart from BFL.. about the shipping dates
Bowjob: "The currently estimated shipping time frame if you were to order today is the end of April or Beginning of May. This is just an estimate, and until we know how many units we can produce per day and specifically when the bulk of our chips will be ready, we can't give a more accurate estimate."
Bowjob: hahahahahhahahaahaahah
Bowjob: according to josh
deadweas1l: lol
deadweas1l: bfl has been entertaining from the start
Bowjob: can someone post that chart about bfl shipment
Bowjob: like, if u ordered back in june or something
Bowjob: i swear i saw one.. cant find it
assbot: [BTCTC] [BTC-BOND] 5 @ 0.009899 = 0.0495 BTC [+]
ThickAsThieves: i dont recall any gfx
ThickAsThieves: here's a summary page https://forums.butterflylabs.com/bfl-forum-miscellaneous/1099-orders-shipping-pictures-facility-when-my-stuff-here-why-delays-shipping.html
assbot: [MPEX] [O.BTCUSD.C750T] 6 @ 0.05500538 = 0.33 BTC [+]
ThickAsThieves: this one has a bunch of dates https://forums.butterflylabs.com/announcements/692-bfl-asic-status.html
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.09 = 0.45 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.105 = 0.525 BTC [+]
Bowjob: not that unfortunatel
Bowjob: i give up
Bowjob: basically, someone who ordered in nov, according to the "chart" will recieve theirs may
Bowjob: irrc
ThickAsThieves: its all nonsense at this point anyway
ThickAsThieves: they need to ship 1 unit before any dates matter at all
Bowjob: but we know thats bullshit because bfl's chart says those who preordered first would get theirs feb or march
Bowjob: avalon 3 will ship first
Bowjob: 37,500 BTC says so
Bowjob: not me
Bowjob: but the BTC does
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.75000, Best ask: 74.80000, Bid-ask spread: 0.05000, Last trade: 74.00000, 24 hour volume: 57944.78653082, 24 hour low: 67.47000, 24 hour high: 74.90000, 24 hour vwap: 71.65377
ThickAsThieves: ;;goxlag
gribble: 4.549039 seconds
Bowjob: Ooh!
Bowjob: http://store.avalon-asics.com/?product=avalon-asic-unit
Bowjob: its on stock again
Bowjob: it seems they limit the stock so that it wont get ddosed
ThickAsThieves: any idea how many actually sold?
Bowjob: i would imagine a nice round number
Bowjob: 100
Bowjob: or 50
Bowjob: 500 units will be available
Bowjob: then again it could be 250 units too
ThickAsThieves: tempted, but i dont thinki could handle the stress of waiting
deadweasel: safer with BTC in your own wallet.
Bowjob: i bought the majority of my btc dec, 2012
Bowjob: so.. its okay with me
deadweasel: yeah, if you can risk it, probably isn't a bad idea. are you going to pull the trigger on an avalon?
assbot: [MPEX] [O.BTCUSD.C750T] 6 @ 0.05510357 = 0.3306 BTC [+]
kakobrekla: http://www.reddit.com/r/Bitcoin/comments/1ayykn/avalon_asic_batch_3_sold_out/
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.80998 = 16.1996 BTC [-]
kakobrekla: O_O
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.81 = 4.86 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.819 = 4.095 BTC [+]
kakobrekla: oh so it wasnt sold out?
Bowjob: it just says sold out from time to time
Bowjob: because they learned from batch 1 and 2 ordering
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.05516855 = 0.2758 BTC [+]
Bowjob: so maybe 100 units per session
Bowjob: it will still sell out in 24 hours like i predicted
kakobrekla: heh
kakobrekla: naive people
wao: all time high
assbot: [BTCTC] [B.YABMC] 1 @ 0.01573 BTC [-]
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.54000, Best ask: 74.97900, Bid-ask spread: 0.43900, Last trade: 74.95000, 24 hour volume: 59306.49047898, 24 hour low: 67.47001, 24 hour high: 74.95000, 24 hour vwap: 71.73076
topace: jesus 101.14 BTC for 4 mod w/atx (85gh)?!
topace: why the huge jump in price?
ThickAsThieves: make money money money
ThickAsThieves: people will pay the price it seems
ThickAsThieves: if they do
ThickAsThieves: then Avaon is pretty damn smart
topace: wtf is going on with bfl? no update in a week and a half?
ThickAsThieves: no update til Wed i think
topace: still "having problems with the test rig" ??
Bowjob: the high price is because it will give 100% roi in about a month
ThickAsThieves: yeah they are having problems letting go of it and mining themselves
Bowjob: if you multiply the current diff twice today
Bowjob: so about 12 mil
Bowjob: its still a good buy
Bowjob: i still dont think bfl will ship anytime soon
Bowjob: so apparently the cause of delay is the ATX
Bowjob: .. if it makes my shipment faster, I can do away with the ATX
assbot: [MPEX] [S.MPOE] 13900 @ 0.00064713 = 8.9951 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8 BTC [-]
Bowjob: I recall josh saying the BFL bet for march 1 was gonna be a close one
Bowjob: what a liar.
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.05539952 = 0.277 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01301 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.008501 BTC [-]
Bowjob: ATH
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.89684, Best ask: 75.00000, Bid-ask spread: 0.10316, Last trade: 75.00000, 24 hour volume: 59971.91411337, 24 hour low: 67.75000, 24 hour high: 75.00000, 24 hour vwap: 71.88882
kakobrekla: ;;goxlag
gribble: 6.927344 seconds
ThickAsThieves: ;;asks 79.99
gribble: There are currently 9405.6834 bitcoins offered at or under 79.99 USD, worth 717701.616018 USD in total. | Data vintage: 82.2281 seconds
ThickAsThieves: bids 60.01
ThickAsThieves: ;;bids 60.01
gribble: There are currently 29884.514 bitcoins demanded at or over 60.01 USD, worth 1996044.82564 USD in total. | Data vintage: 99.5886 seconds
ThickAsThieves: ;;bids 70.01
gribble: There are currently 5620.2676 bitcoins demanded at or over 70.01 USD, worth 404970.347737 USD in total. | Data vintage: 114.1587 seconds
ThickAsThieves: still shallow
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.99994, Best ask: 75.00000, Bid-ask spread: 0.00006, Last trade: 75.00000, 24 hour volume: 61675.20387455, 24 hour low: 67.75000, 24 hour high: 75.00000, 24 hour vwap: 71.98374
assbot: [MPEX] [O.BTCUSD.C750T] 6 @ 0.07419275 = 0.4452 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 5 @ 0.08759408 = 0.438 BTC [+]
Bugpowder: Is the MPOE bot tapped out
Bugpowder: I want moar
thestringpuller: needs to borrow more money
thestringpuller: :P
ThickAsThieves: ;;goxlag
gribble: 33.493863 seconds
ThickAsThieves: there it goes
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.00000, Best ask: 75.00100, Bid-ask spread: 0.00100, Last trade: 75.00000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
ThickAsThieves: gox freezing price at 75
ThickAsThieves: with suggested bid
taub: bids are really hungry
taub: :)
taub: it ate through
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.00000, Best ask: 75.25000, Bid-ask spread: 0.25000, Last trade: 75.25000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
deadweasel: gox just freezing.
deadweasel: ;;goxlag
gribble: 41.06127 seconds
taub: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.00000, Best ask: 75.41000, Bid-ask spread: 0.41000, Last trade: 75.41000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
Bugpowder: fuck i need more calls
Bugpowder: MPOE bot is sold out I guess.
Bowjob: http://farm4.static.flickr.com/3070/2789654119_4203f8e3e4.jpg
Bugpowder: I only have 3000 calls :(
Bowjob: This explains a lot
Bugpowder: bitcoinity should flash that photo
ThickAsThieves: is there an mpex options faq?
kakobrekla: Bugpowder where at
taub: will stop around 76
taub: for a moment
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.05878437 = 58.7844 BTC [-]
Bugpowder: nevermind
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.0724339 = 72.4339 BTC [-]
Bugpowder: got moar
Bugpowder: If you will recall, last night I predicted we would break thru 75 between 15:00 and 15:30 today.
thestringpuller: remember what happened last time you tried to time the market...
KRS-1: lol
KRS-1: what happened
ThickAsThieves: gox suggested price stil frozen at 75
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.0884358 = 88.4358 BTC
deadweasel: ;;goxlag
gribble: 87.806482 seconds
thestringpuller: !ticker m ^OIX
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.26732239 / 69.81455463 / 71.07386247 (27706 shares, 6,570.16 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
Bugpowder: thestringpuller: I made a shitload
thestringpuller: what about that time did a straddle
Bugpowder: that was not the last time
thestringpuller: lol
Bugpowder: most of my put strategies have been disasterous
thestringpuller: yah
taub: okay maybe not :)
thestringpuller: ;;asks 80
gribble: There are currently 4840.9168 bitcoins offered at or under 80.0 USD, worth 380818.295732 USD in total. | Data vintage: 96.6348 seconds
thestringpuller: ;;bids 74
gribble: There are currently 943.62198 bitcoins demanded at or over 74.0 USD, worth 70879.543115 USD in total. | Data vintage: 111.1004 seconds
taub: wow
thestringpuller: ;;bids 70
Bowjob: we'll reach 100 in early april
gribble: There are currently 5820.2281 bitcoins demanded at or over 70.0 USD, worth 418623.359516 USD in total. | Data vintage: 0.0068 seconds
taub: quite the move despite that imbalance
taub: well alright not that much
Bugpowder: Bowjob we will hit 96 this week
thestringpuller: lol more money movin into gox
taub: 80 today
taub: ez
Bugpowder: I hope :)
thestringpuller: miners start ya engines
ThickAsThieves: 77?
Bowjob: we will
Bugpowder: I dunno about 100
Bowjob: i wish i have an mpex account
Bowjob: lol
Bugpowder: why not use coiner?
thestringpuller: Powda
Bugpowder: coinbr?
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.00000, Best ask: 76.80000, Bid-ask spread: 0.80000, Last trade: 76.00000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
Bowjob: can coinbr do options?
thestringpuller: !ticker m S.MPOE
assbot: [MPEX:S.MPOE] 1D: 0.00063656 / 0.00065889 / 0.00068342 (339572 shares, 223.74 BTC), 7D: 0.00063656 / 0.00070239 / 0.00077505 (2216783 shares, 1,557.07 BTC), 30D: 0.00061614 / 0.00072046 / 0.00078628 (32186956 shares, 23,189.72 BTC)
ThickAsThieves: yes
Bowjob: wtf i didnt know that
Bowjob: coinbr
Bowjob: lol
Bowjob: kk
thestringpuller: what do you think mpoe bot will make this month?
Bugpowder: -20000
thestringpuller: :(
Bugpowder: seriously
Bowjob: but iw ont panick buy right now
Bowjob: lol
thestringpuller: bondholders are gonna take hit
Bugpowder: maybe -10000
ThickAsThieves: is there an MPex Options FAQ?
Bugpowder: there is a deep explaination by MPOE-PR on the forum
Bugpowder: if you have any specific questions I can answer
thestringpuller: MPOE stock will plummet then...
Bowjob: I told my friends and fam about bitcoin
Bugpowder: it already is trading down
Bowjob: parents are interested in it..
Bowjob: my friends are "meh" about it
Bugpowder: people may roll into S.DICE (I hope).
thestringpuller: yea until the earnings comes out.
thestringpuller: how do you know such a huge loss?
Chaang-Noi: 76? :)
ThickAsThieves: basically i conceptually understand options, but not totally clear on which ones represent what on mpex
Chaang-Noi: i fucking love monday
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.01234, Best ask: 76.90000, Bid-ask spread: 0.88766, Last trade: 76.01234, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
ThickAsThieves: it hit 77 according to clarkmoody
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.06012379 = 0.3006 BTC [+]
thestringpuller: i should have bought calls
Chaang-Noi: i really thought about it
thestringpuller: well i guess I still can
thestringpuller: hey mr. powda
Chaang-Noi: i talked to mp about is 75 calls
thestringpuller: could you proxy calls to smickles for me?
Chaang-Noi: i did not buy
thestringpuller: not many
Chaang-Noi: i dont have an account, i refused the free one offered to me
thestringpuller: that was @ Bugpowder
Chaang-Noi: ok
Chaang-Noi: 77.2
thestringpuller: !ticker m ^OIX
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.26732239 / 69.81663654 / 71.0760242 (27711 shares, 6,570.46 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
Bugpowder: sure
thestringpuller: ;;bc,24prc
gribble: Error: "bc,24prc" is not a valid command.
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.0595729 = 0.2979 BTC [-]
thestringpuller: ;;bc,24hrprc
gribble: Error: "bc,24hrprc" is not a valid command.
thestringpuller: whats that cimmad
thestringpuller: ;;bc,24hprc
Bugpowder: thestringpuller: I don't KNOW about that loss.... That is my general sense from the options flow this month
gribble: 72.28
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.05001, Best ask: 76.80000, Bid-ask spread: 0.74999, Last trade: 76.03000, 24 hour volume: 64448.06308381, 24 hour low: 68.50000, 24 hour high: 75.00000, 24 hour vwap: 72.15001
thestringpuller: well now is the time to make your bets
Chaang-Noi: im more happy now than at 32
thestringpuller: Powda can I send you coin and you Push options to smickles
Bowjob: http://i.imgur.com/Jck5tQQ.png
Bugpowder: sure
Bugpowder: pm me the amount
Chaang-Noi: im interested in next month 100 calls, what is the price
Chaang-Noi: and bugpowder you are a broker?
Bugpowder: no
Bugpowder: just a favor
thestringpuller: smickles is the broker
thestringpuller: or jurov via coinbr
Chaang-Noi: okay
Chaang-Noi: not a problem
Bowjob: I feel sorta bad for ATC
Chaang-Noi: ATC?
Bowjob: i lent him 3 coins at 59 per btc
Bowjob: the forum dude
Bowjob: ATC777
Chaang-Noi: oh you mean the guy who scammed you?
Bugpowder: lol
Chaang-Noi: 77.7
Bowjob: jackpot
Bowjob: lol
Bowjob: ATC isnt a scammer
Bowjob: lol
Chaang-Noi: ok
Bowjob: so.. how is ianbakewell gonna react to this
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.0595729 = 0.2383 BTC [-]
ColdHardMetal: poorly
Bowjob: 77 BTC.. he shorted it at 34.5
kakobrekla: isnt he a gonner?
ThickAsThieves: he still posts in forums
ThickAsThieves: i believe
Bowjob: i re read his thread.. ianbakewell.. his first payment is due on the 29th
Bowjob: he hasnt been online since the 4th
Chaang-Noi: CHM!
Chaang-Noi: he be a scammer
Bowjob: chm?
ColdHardMetal: ??
Chaang-Noi: not CHM, he is a good guy,. ianbakewellis a clear scammer
Bowjob: i proposed a bet that hes gonna scam
Bowjob: idk
Chaang-Noi: CHM the 5th order of yours today
ColdHardMetal: well that's good. Hate to think I was sleep posting or something.
Bowjob: kako ignored my bet
Chaang-Noi: got*
ColdHardMetal: right on. tracking hasn't been updated. did you have to pay anything?
Chaang-Noi: thank you very much good sir cmh!
Chaang-Noi: chm
Chaang-Noi: yes
Chaang-Noi: 30% taxes
ColdHardMetal: yeah. happens. prolly lowballed on the invoice though so maybe not too bad?
Chaang-Noi: btc 77.7
Chaang-Noi: its okay
Chaang-Noi: 2000 baht or like 66$
Chaang-Noi: so 305 of that
Bugpowder: http://i.imgur.com/QtbTbnL.jpg
ColdHardMetal: oh, no worries then.
ColdHardMetal: better than Canada that's for sure.
Chaang-Noi: and really i dont pay taxes other than on goods like this so i dont give a fuck
Bugpowder: 2 months ago people ridiculed me for preferring the coin on the right
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.06040495 = 0.2416 BTC [+]
Chaang-Noi: i think the hk people did the 200 baht valuation, if it was a thai i would have got 0
Chaang-Noi: not that it matters, i dont care
Chaang-Noi: thanks for the awesome order
ColdHardMetal: always a pleasure. let me know when you want to do that other thing.
Bowjob: i can see some rust
Bowjob: on that coin
Bowjob: its plated, right
assbot: [MPEX] [O.BTCUSD.C750T] 4 @ 0.06040495 = 0.2416 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.06040495 = 0.302 BTC [+]
Bowjob: i like how im just chilling here, not going ballistic over the price anymore
Bowjob: does that mean im not a newbie?
Bowjob: i graduated from that shit. im hardened a bit nowadays
assbot: [MPEX] [O.BTCUSD.C730T] 3 @ 0.07431064 = 0.2229 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 3 @ 0.06040495 = 0.1812 BTC [+]
ThickAsThieves: whats the difference between C750T & C750N??
kakobrekla: ;;goxlag
gribble: 0 seconds
Bugpowder: dude I'm not a n00b and I am going ballistinc
Bugpowder: N is NEXT month
Bugpowder: T is THIS month
deadweasel: 4.5K to go for $80
Bowjob: how much money are u making on this
KRS-1: going down it seems we've reached the peak eh
Bowjob: i might make a coin.br account
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.28001, Best ask: 77.55643, Bid-ask spread: 0.27642, Last trade: 77.55643, 24 hour volume: 67673.58734707, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 72.92790
Bugpowder: KRS-1 its monday
Bugpowder: Top will be Thursday
Bowjob: our new high is 78
Bugpowder: Bowjob: I have no idea. We don't know where it willgo
Bugpowder: hopefully a lot
Chaang-Noi: 77.93
Bugpowder: jesus
Chaang-Noi: 78????
Bowjob: i'll read about coin.br later, not in a rush
Bugpowder: people keep putting up asks and they get swallowed in a minute
Bowjob: it must be loaded's client
Bowjob: so im not surprised
Chaang-Noi: bowjob no
Bugpowder: Bowjob: you need to act decisively when the market moves. BUT you also need to be sure about your strategy. There will be many more opportunities both up and down, so do more research first.
Bowjob: of course
Bowjob: not in a rush. I just *yawn
Chaang-Noi: bitcoinality says 78 coinlab says 79.99
Bowjob: buy and hold served me exceedingly well
Bowjob: survived the flahs crashes
Bowjob: lol
assbot: [MPEX] [O.BTCUSD.C730T] 3 @ 0.07508561 = 0.2253 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 3 @ 0.06107536 = 0.1832 BTC [+]
Chaang-Noi: buy and hold unless you are an expert who thinks he can beat otyher experts in a crazy bull market
Bowjob: nah, im a novice bull
Bowjob: actually im more like an owl
Bowjob: i just sit there.. watching
Bugpowder: I have been buying calls at the bottom of the 24vwap following each flash crash
Bugpowder: has been a good strat this month
kakobrekla: still 73 on stamp
Bowjob: then i might become a hawk
smickles: ;;calc 75/(1-1.061)
gribble: -1229.50819672
smickles: ;;calc 75/(1-.061)
gribble: 79.8722044728
Bugpowder: of course, the day that the crash does not bounce is the day the strat makes you lose big
Bowjob: the idea of puts scare the crap out of me
Chaang-Noi: bugpowder is a btc millionair! i hope we all will be as lucky soopn
Bowjob: we actually are all btc millionaires at some point in the future
Bugpowder: I am not a BTC millionaire
Bugpowder: I wish I was
Bowjob: you will be though
Bugpowder: I doubt it
Bugpowder: It is possible
smickles: boy did i come to the computer at a fun time
Bugpowder: but unlikely
Bowjob: eh.. how high can btc be
Bugpowder: smickles, I need your mpex key to push you thestringpuller's options purchase
Bugpowder: Bowjob: I will probably sell all the way up
Bowjob: mmhm
smickles: pm'd
Bugpowder: very grateful that I was so lucky my initial timing of purchase
deadweasel: Bugpowder: that has always seemed like the best strategry, %5 or so at each top
Bowjob: there wont be a need to sell it to usd
Bugpowder: ($2.65!)
Bugpowder: deadweasel: yeah, I view it in terms of what am I comfortable holding in my total portfolio
deadweasel: clear your investment and some profits, keep in lots of BTC
Chaang-Noi: iv this where i club in ral live id give all of you one of my fine cigars from coldhardmetal
deadweasel: so you can't lose at that point, if BTC goes to $10,000, you won't be too sad.
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06228867 = 0.1246 BTC [+]
deadweasel: if it goes to $.02 and stays, you won't be too sad
Bowjob: erik is gonna be a billionaire
Bowjob: heh
deadweasel: more power to him
Chaang-Noi: no shit god bless satoshi
Bowjob: you mean satoshi bless god
Bugpowder: I have sold 35%
deadweasel: lol Bowjob
Bugpowder: at $40-70
Chaang-Noi: i sold 5% to buy a truck
Chaang-Noi: i sold 2.5% to buy other goods
Bowjob: i spent like 10 btc on steam games
smickles: < deadweasel> so you can't lose at that point, if BTC goes to $10,000, you won't be too sad. << we've got to be near the top
deadweasel: Bugpowder, me too. Paid off debts, got some nice things, still have some btc!
deadweasel: win win win
TomServo: I hate you guys.
deadweasel: smickles: what top?
Bowjob: tom whats the matter
smickles: deadweasel: the top of this rally
Bowjob: well, i held to my btcs.
Bowjob: so its win win win win
deadweasel: damn skippy!
deadweasel: :)
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.39001, Best ask: 77.84999, Bid-ask spread: 0.45998, Last trade: 77.39001, 24 hour volume: 67656.49824912, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 72.99384
TomServo: I'm indecisive as hell. And I'm sick of listening to my GF bitch that I didn't buy in a $2 when she told me to.
smickles: jeez, did ianblackwell ever sort out his short?
Bowjob: who got an avalon 3 pre order today
Chaang-Noi: i have so many steam games, i never use them lol
Bowjob: chang, u got any
Bowjob: mhm
Chaang-Noi: im opnly asic miner on asics
Bowjob: i used to trade tf2 items
Bugpowder: 75BTC for the preorders?
Bugpowder: fucking insane.
Bowjob: yeah
Bowjob: people flocked them
Bowjob: idk what happened now
Chaang-Noi: Luke-Jr
Bowjob: seems that its out of stock
Chaang-Noi: if you were in kc id buy you suck a good bbq dinner
Bowjob: http://store.avalon-asics.com/?product=avalon-asic-unit
Luke-Jr: Chaang-Noi: does such a thing exist?
Chaang-Noi: ?????????????
Luke-Jr: "good bbq" :p\
Chaang-Noi: if ou dont like bbq why go to kc?
Luke-Jr: BFL
Bowjob: i made a deal with my friend, id sell him a BTC for $38 as long as he watches this anime
Bowjob: im regretting this shit now
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06235953 = 0.1247 BTC [+]
Luke-Jr: lol
Chaang-Noi: id take you to golden koral best beef evar
Luke-Jr: lol
Luke-Jr: there's Golden Corals everywhere
assbot: [HAVELOCK] [VTX] 16 @ 0.739 = 11.824 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.74485 = 2.2346 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.74489999 = 3.7245 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.755 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.78499 = 3.14 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.785 = 2.355 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.7854321 = 7.8543 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.789 = 7.89 BTC [+]
assbot: [HAVELOCK] [VTX] 26 @ 0.7891 = 20.5166 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.7894 = 3.947 BTC [+]
ThickAsThieves: buy!!!
assbot: [HAVELOCK] [VTX] 20 @ 0.78998 = 15.7996 BTC [+]
assbot: [HAVELOCK] [VTX] 15 @ 0.78999 = 11.8499 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.78999999 = 3.95 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.79 = 3.95 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.791 = 15.82 BTC [+]
ThickAsThieves: lol
assbot: [HAVELOCK] [VTX] 8 @ 0.798 = 6.384 BTC [+]
Bowjob: wow
Bowjob: coulda flipped some VTX by now
Chaang-Noi: Luke Jr i mean Golden Ox
Bowjob: tsk
ThickAsThieves: ive been flipping em
ThickAsThieves: still have 28 vtx
ThickAsThieves: :)
Bowjob: remind me next time I read a prospectus
Bowjob: and decide they werent..
Chaang-Noi: Luke-Jr i mean Golden Ox
Bowjob: if the demand is high, it doesnt mean shit
Bowjob: buy buy buy
Bowjob: lol
assbot: [HAVELOCK] [VTX] 9 @ 0.798 = 7.182 BTC [+]
Chaang-Noi: ;;asks 80
gribble: There are currently 4442.5939 bitcoins offered at or under 80.0 USD, worth 352404.14014 USD in total. | Data vintage: 0.0017 seconds
Bowjob: its just a matter of time
ThickAsThieves: ;;asks 79.9
gribble: There are currently 2636.7019 bitcoins offered at or under 79.9 USD, worth 207956.462558 USD in total. | Data vintage: 49.5111 seconds
ThickAsThieves: sill walls
ThickAsThieves: silly
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06235953 = 0.1247 BTC [+]
Bowjob: someone sold an avalon for local pickup today
Bowjob: 20k
smickles: ;;asks 80.01
gribble: There are currently 4723.6273 bitcoins offered at or under 80.01 USD, worth 374591.701778 USD in total. | Data vintage: 0.0019 seconds
smickles: ;;asks 80.00001
gribble: There are currently 4470.0773 bitcoins offered at or under 80.00001 USD, worth 354305.197778 USD in total. | Data vintage: 5.9075 seconds
ThickAsThieves: wall is at 79.95
ThickAsThieves: 1186btc
Bowjob: yawn,,
ThickAsThieves: then 893@80
Bowjob: i should get a fiat paying job
Bowjob: like 10.25 is the min wage here, that sucks tho
Chaang-Noi: if you hold btc 10 fiat seems like shit
Chaang-Noi: if not 10 is good
assbot: [HAVELOCK] [VTX] 3 @ 0.799 = 2.397 BTC [+]
thestringpuller: ;;tickee
gribble: Error: "tickee" is not a valid command.
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.31000, Best ask: 77.49999, Bid-ask spread: 0.18999, Last trade: 77.31000, 24 hour volume: 67785.81682594, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.04756
thestringpuller: whoaaaa
Bowjob: well
Bowjob: i thought 10.25 was shit in the first place.
Bowjob: even before i bought btc
Bowjob: i live in vancouver remember. $100 meals arent uncommon here
jcpham: that's crazy because i just ate for free for three days
jcpham: i have a full time job and so does my wife
jcpham: and i do this bitcoiin thing
unbalanced: Bowjob do you trade BTC all day or are you a dev?
Bowjob: i just hold btc, waiting for an asic so i can be a miner
thestringpuller: ;;asks 80
gribble: There are currently 4358.0447 bitcoins offered at or under 80.0 USD, worth 345629.399311 USD in total. | Data vintage: 55.4468 seconds
unbalanced: Ah
Bowjob: i have plenty of fiat still
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06323144 = 0.1265 BTC [+]
Bowjob: im gonna be looking for a job soon, not for money tho
Bowjob: to keep me from getting bored
Bowjob: hehehe
thestringpuller: LOL
thestringpuller: ;;calc 0.24
gribble: 0.24
Bowjob: i wanna work at a nursery, but they are still not hiring
thestringpuller: ;;calc 0.25 / 5
gribble: 0.05
thestringpuller: ;;calc 0.24 / 5
gribble: 0.048
jcpham: a few more years and i can retire
jcpham: 2 mortgages left
thestringpuller: ;;calc 0.24 / 4
gribble: 0.06
jcpham: then i'm set
Bowjob: well.. if btc really gets mainstream
Bowjob: i can retire at 21
Bowjob: ill be bored as hell though, i've been thinking of opening a food cart.
Bowjob: i love downtown vancouver, the food is delicious
smickles: ;;asks 80
gribble: There are currently 4346.8642 bitcoins offered at or under 80.0 USD, worth 344766.935198 USD in total. | Data vintage: 0.0020 seconds
Bowjob: you get burberry, hermes and louis vuitton in one area
Bowjob: crazy expensive shit
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.41001, Best ask: 77.60000, Bid-ask spread: 0.18999, Last trade: 77.60000, 24 hour volume: 67940.36996472, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.05935
smickles: burberry and hermes sound like bad things that happen to you anus
smickles: 80
smickles: *all time high*
Diablo-D3: !ticker
assbot: Have you got any tobacco?
Diablo-D3: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.31002, Best ask: 77.41000, Bid-ask spread: 0.09998, Last trade: 77.41000, 24 hour volume: 67943.37808993, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.06120
Bowjob: so suppose i work for 10.25 an hour
smickles: via bitcoinity.org
Bowjob: that is 0.13 BTC per hour
Diablo-D3: it needs to go to 1000
Diablo-D3: so I can start dmc 2.0 :<
Bowjob: my asic would make more than me in a day LOL
thestringpuller: ;;bids 75
gribble: There are currently 2331.6221 bitcoins demanded at or over 75.0 USD, worth 176991.637839 USD in total. | Data vintage: 0.0065 seconds
thestringpuller: ;;bids 70
gribble: There are currently 7397.5795 bitcoins demanded at or over 70.0 USD, worth 539621.235992 USD in total. | Data vintage: 10.8616 seconds
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.06342697 = 0.1269 BTC [+]
thestringpuller: wow
smickles: oh, lol, that was on bitfloor
unbalanced: Bowjob: baby nursery or tree nursery? Food cart would be cool. You could have a bitcoin IPO, all the cool kids are doin' it.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01965 BTC [+]
Bowjob: tree nursery
Bowjob: fuck babies
Bowjob: all they do is take a shit
ThickAsThieves: .lol
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.344 = 1.032 BTC [+]
Bowjob: i used to work at tree nursery, chill jo
smickles: they bitch whey you don't feed them too
Bowjob: b
unbalanced: Don't worry, when they grow up one of them willl be changing your diaper.
unbalanced: It's the circle of life, man...
deadweasel: circle of shit
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.07780924 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06342697 BTC [+]
unbalanced: Which is eventually dust in the wind. Kansas had it right.
unbalanced: "Biiiitts in the wiiinddd... all we are is bits in the wind..." Oh all right, I'll shuttie.
assbot: [BTCTC] [SYNERGY] 2 @ 0.0099 = 0.0198 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009899 BTC [+]
unbalanced: VTX looks like a rocket today at .799 but it's so low-volume if you try to sell 20 you'll only get 0.65 each.
unbalanced: That's only up 0.02 from avg .63 for sell 20 last night.
Chaang-Noi: sell 1 million usd is 71
ThickAsThieves: post small ask walls
ThickAsThieves: on vtx instead
unbalanced: I want some but it'll crash if one person sells out in a big way.
Chaang-Noi: fuck no, im waitinf for $275
ThickAsThieves: buyers trickle thru the day
Chaang-Noi: ill sell 2.5% then, i dont need fiat for years
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06397253 BTC [+]
unbalanced: btw does assbot do the sell math on havelock?
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.30000, Best ask: 77.30001, Bid-ask spread: 0.00001, Last trade: 77.30000, 24 hour volume: 68474.97889488, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.20713
unbalanced: !help
assbot: List of commands:
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
assbot: !last <exchange> <ticker> (desc: returns last price value, supported: MPEX, HAVELOCK, BTCTCO) {short: !l}
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !rules <nick/chan> (desc: chan guidelines) {short: !r}
assbot: !exchanges <nick/chan> (desc: lists exchanges and brokers) {short: !e}
Ixitachil: !exchanges
unbalanced: !exchanges
Chaang-Noi: ;;asks 78
gribble: There are currently 159.12113 bitcoins offered at or under 78.0 USD, worth 12377.2388344 USD in total. | Data vintage: 40.0909 seconds
Chaang-Noi: ;;asks 80
gribble: There are currently 4092.5737 bitcoins offered at or under 80.0 USD, worth 325569.234681 USD in total. | Data vintage: 45.9052 seconds
Bowjob: ughh
Chaang-Noi: ;;aks 100
gribble: Error: "aks" is not a valid command.
Bowjob: i can only find retail jobs
Bowjob: i hate uniforms
Chaang-Noi: ;;asks 100
gribble: There are currently 25390.783 bitcoins offered at or under 100.0 USD, worth 2333443.08551 USD in total. | Data vintage: 72.5864 seconds
ThickAsThieves: should be 79.50 soon...
assbot: [MPEX] [S.MPOE] 4300 @ 0.00063739 = 2.7408 BTC [-]
Chaang-Noi: we have ath and killed the walls, im happy as fuck
assbot: [MPEX] [S.MPOE] 3504 @ 0.00063656 = 2.2305 BTC [-]
assbot: [MPEX] [S.MPOE] 3924 @ 0.00063583 = 2.495 BTC [-]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00063141 = 6.3141 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06397144 BTC [-]
Chaang-Noi: ;;asks 78
gribble: There are currently 104.9359 bitcoins offered at or under 78.0 USD, worth 8173.67745538 USD in total. | Data vintage: 0.0013 seconds
Chaang-Noi: 104!
Chaang-Noi: and its a monday?
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.344 BTC [+]
Bowjob: chaaaaaaaaaaaaaaaang
Bowjob: u scared me
Bowjob: i thought 104 dollars
Bowjob: now
Bowjob: lol
deadweasel: www.youtube.com/watch?v=wRnSnfiUI54
Chaang-Noi: selloff
Chaang-Noi: 76
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.05001, Best ask: 76.50000, Bid-ask spread: 0.44999, Last trade: 76.50000, 24 hour volume: 69393.78917534, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.30885
assbot: [HAVELOCK] [VTX] 2 @ 0.797 = 1.594 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.797 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06397144 BTC [-]
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.75000, Best ask: 75.80187, Bid-ask spread: 0.05187, Last trade: 75.75000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
Bowjob: wow
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.67405, Best ask: 75.70000, Bid-ask spread: 0.02595, Last trade: 75.70000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
deadweasel: ;;goxlag
gribble: 42.9828 seconds
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.76875, Best ask: 75.00000, Bid-ask spread: 0.23125, Last trade: 74.76875, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
Bowjob: sell off
ThickAsThieves: 12:43pm gox suggested bid = 76, lets see how long it freezes there,
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.20000, Best ask: 75.00000, Bid-ask spread: 0.80000, Last trade: 74.20000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
Bowjob: ;;goxlag
gribble: 164.172555 seconds
Bowjob: oh
assbot: [BTCTC] [SYNERGY] 6 @ 0.0099 = 0.0594 BTC [+]
Chaang-Noi: 75:/
Chaang-Noi: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.20000, Best ask: 75.00000, Bid-ask spread: 0.80000, Last trade: 74.20000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
Chaang-Noi: fuck
smickles: 74 is better than 30
Bowjob: i just lost $600
Bowjob: on paper profit
ThickAsThieves: if you dont like the price, wait 10 minutes
ThickAsThieves: :)
ThickAsThieves: gos suggested price and last price still frozen after 5min
ThickAsThieves: gox*
Bowjob: could this be a bull trap?
ThickAsThieves: its a goxtrap
deadweasel: ^lol
ThickAsThieves: ;;goxlag
gribble: 202.260145 seconds
deadweasel: :D
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.40240, Best ask: 74.76845, Bid-ask spread: 0.36605, Last trade: 74.76845, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
Bowjob: still
Bowjob: lol
ThickAsThieves: cmon this has got to be price manipulation by gox
Bowjob: http://coinlab.com/
Bowjob: try here
Bowjob: i see it at 74.90
Bugpowder: thestringpuller: are you still here
ThickAsThieves: still 76 suggested price at gox
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.36000, Best ask: 74.90000, Bid-ask spread: 0.54000, Last trade: 74.90000, 24 hour volume: 69551.19685202, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.31525
Bowjob: coinlab works
Bowjob: the price is 74.90
Bowjob: 75
ThickAsThieves: the 76 suggested price came in an instant while trading was brisk at 77
ThickAsThieves: then froze there
DeaDTerra1: Starcraft 2 tournament tonight, with a BTC prize pool :D Come join us and have some fun http://www.reddit.com/r/Bitcoin/comments/1az4y1/starcraft_hots_sitngo_tournaments_for_bitcoin/
Bowjob: come on bulls, beat the bears
Chaang-Noi: ;;asks 75
gribble: There are currently 0 bitcoins offered at or under 75.0 USD, worth 0.0 USD in total. | Data vintage: 0.0016 seconds
Chaang-Noi: ;;asks 76
gribble: There are currently 1020.0341 bitcoins offered at or under 76.0 USD, worth 77319.2920647 USD in total. | Data vintage: 7.9433 seconds
ThickAsThieves: 10min now at 76 suggested bid
ThickAsThieves: k it unfroze
ThickAsThieves: lets see if price pops
ThickAsThieves: up
ThickAsThieves: froze again, along with coinlab
Bowjob: "A more complex password is required. This can be done in several ways, such as joining the words of a phrase together or combining the first letters of each word.
Bowjob: fuck u apple and ur password shit
Bowjob: bitch ass nigga... i cant make an easy password
Bowjob: stupid tim cook
ThickAsThieves: and clicking your heels 3 times
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.80000, Best ask: 75.80187, Bid-ask spread: 0.00187, Last trade: 75.80187, 24 hour volume: 71695.91851673, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.39370
Bowjob: back to normal
ThickAsThieves: stuck at 76 again
ThickAsThieves: bleh i'm done gawking
Bowjob: coinlab works for me
ThickAsThieves: i mean gox suggested price
ThickAsThieves: it freezes
ThickAsThieves: seems to be leading price
Bowjob: u know what
ThickAsThieves: rather than following it
Bowjob: fuck working
Bowjob: lol
ThickAsThieves: thats pretty much where i'm at
ThickAsThieves: i just looked at the clock saying i better get some work done today
ThickAsThieves: and was like wtf its 1-m
ThickAsThieves: 1pm
Bugpowder: Oh jeeze. Compare this to BFL's factory pictures.
Bugpowder: http://imgur.com/a/KPBTl/noscript
kakobrekla: yet you still need gloves to handle it
Chaang-Noi: the machinine is called Sam?
Garr255_Lappy: Bugpowder, yeah but now Avalon costs 75btc each!
Chaang-Noi: i mean S(and)M
Chaang-Noi: hi garr!
Bugpowder: Not buying at those prices
Chaang-Noi: wait to $1000 to buy more
ThickAsThieves: these are Avalon labs?
Garr255_Lappy: hi goat
Bugpowder: yes
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.818995 = 2.457 BTC [+]
ThickAsThieves: how old is that kid anyway?
Garr255_Lappy: I remember him vaguely being two years older than me
unbalanced: Bowjob: see http://xkcd.com/936/ (and you already came up with a couple of sets of three memorable words above)
Garr255_Lappy: not sure where that came from, but if I'm correct he's 19 :P
Chaang-Noi: the3se are not bfl labs lol
Bugpowder: That's avalon
Chaang-Noi: these are the labs they paid to make their shit
Bugpowder: ^^ exactly
Bugpowder: benefits to being in china
Chaang-Noi: no one in btc land owns the machines
Chaang-Noi: i dnt care who took the photos
Garr255_Lappy: yup
mircea_popescu: soo what's new
Bugpowder: 78
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.50001, Best ask: 76.27129, Bid-ask spread: 0.77128, Last trade: 77.00000, 24 hour volume: 72307.04792886, 24 hour low: 68.50000, 24 hour high: 78.00000, 24 hour vwap: 73.42654
mircea_popescu: ha. nice.
Bugpowder: broke thru at 15:02
Bugpowder: not a bad prediction
kakobrekla: dat gmt?
Bugpowder: yup
kakobrekla: last two then mp.
Bugpowder: so... $81 at this time tomorrow?
Bugpowder: or sooner
Bugpowder: that is the question
smickles: back to 77, eh?
Bugpowder: yeah
Bugpowder: so... 40% haircut for cyprus?
Bugpowder: over 100k
mircea_popescu: yeah. 8 i mean 20 i mean 40%
mircea_popescu: 1 day bank holiday i mean 3 i mean 2 weeks
mircea_popescu: won't happen again one off thing i mean one off thing each country i mean monthly from now on
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.065682 BTC [+]
jurov: and still... certain people freaked out about notion to convert all fiat income into btc
jurov: and convert back only as necessary
jurov: amirite, tiberiusiv?
kakobrekla: well the problem that im seeing now is if banks close its harder to liquidate coins
kakobrekla: you need go p2p cash
kakobrekla: which might not be as convinient
jurov: it's not convenient but always possible
kakobrekla: its possible but you should have some buffer in cash
jurov: that's my irl experience, converting couple hundred btc eveny 2wk is absolutely not a problem
jurov: *coupe hundred euros i mean
kakobrekla: yes its not a problem
kakobrekla: until the banks are closed
kakobrekla: :)
jurov: i mean, in cash
kakobrekla: you cant get if off bitstamp
kakobrekla: a ok
kakobrekla: yes its doable
kakobrekla: just not as convinient - for me.
jurov: ofc, i prefer to do it via bank anytime possible
TomServo: Anyone know the story on this: http://pastebin.com/Cxd64VtV ?
jurov: but the point is doing by localbitcoins isn't so big hassle
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06595317 BTC [+]
deadweasel: course at that point aren't supposed to abide by the FinCen guidlines, you would be money transmitter..
deadweasel: lol, I accidentally a couple words
Bugpowder: deadweasel: even <$1000/day?
jurov: haha, slovak financial office will wake up about it in next decade maybe
deadweasel: i'd have to re-read, I thought any amount into USD.
Bugpowder: I read it that if you keep sales to < $1000 day its ok
Bugpowder: but it seemed that there was some conflicting language
Bugpowder: about exceptions
smickles: deadweasel: yeah, but not everyone is 'merican
deadweasel: so, 10BTC per day ;) I'll go re-read that.
deadweasel: lucky smickles
smickles: not lucky smickles, lucky jurov
deadweasel: from what enlightened country do you hail from, jurov
deadweasel: ?
smickles: and kakobrekla
smickles: and a good many others here
deadweasel: well, I'm holding out for revolution, I won't leave yet.
deadweasel: Although I've never lived more than a few hours drive from either canada or mexico
deadweasel: i like options.
deadweasel: != OIX
smickles: $vwap oix
deadweasel: anyway, i'll deal with being a money transmitter if I ever need to.
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 69.84225586 high: 71.09794195 low: 51.2906147 volume: 27746 btc: 6572.62564493 30 day: no data
Chaang-Noi: :)
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.60000, Best ask: 76.74999, Bid-ask spread: 0.14999, Last trade: 76.60000, 24 hour volume: 73428.60406774, 24 hour low: 69.20000, 24 hour high: 78.00000, 24 hour vwap: 73.54512
deadweasel: ;;goxlag
gribble: 1.493887 seconds
mircea_popescu: btw Bugpowder seen http://trilema.com/2013/smpoe-market-cap-vs-sdice-market-cap/ ?
mircea_popescu: TomServo seems like trollish nonsense to me.
Bugpowder: mircea_popescu: I suspect we will see a rotation out of S.MPOE this month.
mircea_popescu: possibly
Bugpowder: if my intuition about MPOE performance is correct
Bugpowder: this BTC price is really tough for S.DICE to overcome though. But its good for MPOE
Bugpowder: or neutral
mircea_popescu: "close to 30 million usd notional trade this month"
mircea_popescu: sounds pretty good to me.
mircea_popescu: plenty of markets don't get 1mn a day
Bugpowder: yea. Approaching 400,000 contracts right?
mircea_popescu: yeah
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06621708 BTC [+]
mircea_popescu: it's getting to where im starting to smell the offers tbh.
ThickAsThieves: smell the offers?
mircea_popescu: mpex happens to be the PERFECT way for a bank to develop it's own in house btc-fiat trading system
mircea_popescu: propped against mpex, guaranteed success.
Bugpowder: oh you...
mircea_popescu: one way to eat everyone's cake, seeing how coinbases of the world can't compete.
Bugpowder: propping the price with the ole buyout rumor...
Bugpowder: you should send a tip to Cramer
mircea_popescu: nah, there won't be a buyout
mircea_popescu: Bugpowder i been sendin' tips.
Bugpowder: sheeeit
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.00000, Best ask: 77.01000, Bid-ask spread: 1.01000, Last trade: 75.50000, 24 hour volume: 73639.35968273, 24 hour low: 69.25000, 24 hour high: 78.00000, 24 hour vwap: 73.57049
Bugpowder: lagged
assbot: [HAVELOCK] [HIM] 1 @ 1.98 BTC [+]
Bugpowder: 73
deadweasel: ;;goxlag
assbot: [BTCTC] [RSM] 1 @ 0.00312 BTC [+]
gribble: 157.509317 seconds
mircea_popescu: lmap
mircea_popescu: $mpexlag
mpexbot: mircea_popescu: 0.109438180923 seconds
assbot: [BTCTC] [RSM] 1077 @ 0.00311 = 3.3495 BTC [-]
mircea_popescu: dun dun dun
Bugpowder: 72
mircea_popescu: i wonder if this'll ever get old.
Bugpowder: 71.8
Bugpowder: bottom
Bugpowder: couldn't even trigger the OH NOES cartoon on bitcoinity
assbot: [BTCTC] [RSM] 1 @ 0.00311 BTC [-]
Bugpowder: oh shit!
Bugpowder: That selloff was from half the wall at 80 selling to market :)
deadweasel: so normal exchanges have high speed connections to hig profile brokerages. These things don't break like this. There is in opportunity to improve this.
Bugpowder: ;;asks 80
gribble: There are currently 5535.7599 bitcoins offered at or under 80.0 USD, worth 438703.38709 USD in total. | Data vintage: 0.0019 seconds
Bugpowder: YES.
ThickAsThieves: ;;bids 70
gribble: There are currently 2614.6875 bitcoins demanded at or over 70.0 USD, worth 184818.944829 USD in total. | Data vintage: 10.4289 seconds
jurov: deadweasel yes there is something like that already ;)
deadweasel: the answer feels like it's going to be obvious........
mircea_popescu: deadweasel yea.
smickles: deadweasel: bitfloor was doing that, but people lost confidence in it after a theft
smickles: oh, and mpex owns all
deadweasel: mircea_popescu: is that what you are doing with the OIX?
mircea_popescu: "that" ?
deadweasel: well, no lag at mpex, 2 minutes at gox.
mircea_popescu: i got better hardware.
ThickAsThieves: must not be enough incentive for gox to fix the problem
Bugpowder: its not a fair comparison ATM
Bugpowder: compare with the same order load
deadweasel: considering volume...
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.06622534 BTC [+]
mircea_popescu: Bugpowder you don't see the stat/cancel/bid cycle
Bugpowder: lag is non-linear with load
mircea_popescu: i think there's more load on mpex than mtgox atm.
Bugpowder: hmmm
jurov: ddos still going?
Bugpowder: I dunno... lots of micro txns.
mircea_popescu: also http://polimedia.us/dtng/c/src/128220157798.jpg
Bugpowder: on gox
mircea_popescu: jurov nope, subsided.
deadweasel: O.BTCUSD.C750T -- if I bought one of those, what does that mean?
Bugpowder: god damn it.
Bugpowder: call struck at 75 expiring friday
mircea_popescu: deadweasel it means you're long btc
Bugpowder: break even is about 80.
Bugpowder: ;;goxlag
gribble: 301.313038 seconds
deadweasel: so if I bough that, I could buy BTC at 75$ up til friday?
mircea_popescu: nominally.
Bugpowder: you could exercise it for (24vwap - $75) / 24vwap till midnight friday
smickles: ;;bc,24hprc
gribble: 73.42
Bugpowder: actaully 24hprc, not 24vwap
ThickAsThieves: gox is like imma let you finish, but...
smickles: right now, it's out of the money tho
Bugpowder: but the spot price is ITM
Bugpowder: so the option is potentially underpriced
deadweasel: spot price is ITM?
Bugpowder: depending if you believe 24hprc is going to go to the spot
smickles: in the money (if that's what you're asking)
Bugpowder: spot is $76
mircea_popescu: 73 < 75 neh ?
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.95000, Best ask: 76.27129, Bid-ask spread: 0.32129, Last trade: 75.60270, 24 hour volume: 73639.35968273, 24 hour low: 69.25000, 24 hour high: 78.00000, 24 hour vwap: 73.57049
mircea_popescu: aok
Bugpowder: by spot I mean last trade.
deadweasel: so lets say 24hrprc is $80... (80-75)/80 = .0625
Bugpowder: yes
assbot: [MPEX] [S.MPOE] 4314 @ 0.00062626 = 2.7017 BTC [-]
assbot: [MPEX] [S.MPOE] 1800 @ 0.0006289 = 1.132 BTC [+]
Bugpowder: so current ask on the 750s is .66
mircea_popescu: what it went back up ?
Bugpowder: .066
smickles: $depth c750t
mpexbot: smickles: O.BTCUSD.C750T Bids: ['1 @ 0.06615541', '1000 @ 0.0398513']
Bugpowder: ;;calc (81-75)/81
mpexbot: smickles: Asks: ['1000 @ 0.06621656', '5 @ 0.0869', '9 @ 0.08826052']
gribble: 0.0740740740741
Bugpowder: ;;calc (80.2-75)/80.2
gribble: 0.0648379052369
Bugpowder: yah, you need 24vwap to hit 80.3 to make a profit from exercise
Bugpowder: though the MPOE bot always pays a time premium over the current 24hprc with its bids
deadweasel: ok, so you want your (24hvwap - 75) >= price of option?
Bugpowder: so exercise only makes sense if you have >>1000 contracts and want to dump fast, or the bot is down (last 24 hrs of the month).
deadweasel: oops, divided by the 24hrvwap
Bugpowder: 24hprc.... volume weighted across all exchanges
assbot: [MPEX] [S.MPOE] 15600 @ 0.0006289 = 9.8108 BTC [+]
Bugpowder: from here : http://bitcoincharts.com/markets/currencies/
mircea_popescu: deadweasel http://trilema.com/2013/introducing-the-oix/
deadweasel: ok, i think I see.
mircea_popescu: see the notes, calculations explained in there.
deadweasel: oh, thx mircea_popescu
topace: !ticker h vtx
assbot: [HAVELOCK:VTX] 1D: 0.63210000 / 0.76199 / 0.79900000 (338 shares, 257.55262083 BTC), 7D: 0.38280000 / 0.41597608 / 0.79900000 (10987 shares, 4570.32919395 BTC), 30D: 0.38280000 / 0.41597608 / 0.79900000 (10987 shares, 4570.32919395 BTC)
mircea_popescu: jurov the way i figure it, either attacker is defeated and depressed or else we see a new blast in a week or two.
mircea_popescu: the current one didn't work.
assbot: [HAVELOCK] [VTX] 1 @ 0.77 BTC [-]
smickles: ya know, i throw about 12 commands at mpex all at once
smickles: *BAM*
smickles: all the f-ing time. I can't be the only one
mircea_popescu: you're not
Bugpowder: i do too, occasionally.
jborkl: holy shit transactions are slow to get into blocks today
kakobrekla: oh and i was just about to bug mp one of these days to add multi op
kakobrekla: is there a manual for it
mircea_popescu: there's no real advantage to multiop
smickles: kakobrekla: i just use threadding in my code
kakobrekla: can i do a few CANCEL|N in several lines and signcrypt that?
mircea_popescu: nope
kakobrekla: that would be nice
mircea_popescu: why ?
kakobrekla: cause i do stuff manually
thestringpuller: !ticker m ^OIX
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 51.2906147 / 69.84313456 / 71.09885312 (27748 shares, 6,572.76 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mircea_popescu: yeah, but it'd just need more code to decide if you've got lines or wtf.
kakobrekla: uh?
kakobrekla: its one exlode new line
kakobrekla: and then foreach commands
kakobrekla: explode*
kakobrekla: basic stuff
ThickAsThieves: ;;goxlag
gribble: 13.344597 seconds
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.20000, Best ask: 74.25000, Bid-ask spread: 0.05000, Last trade: 74.25000, 24 hour volume: 78120.01656022, 24 hour low: 69.51777, 24 hour high: 78.00000, 24 hour vwap: 73.67017
assbot: [HAVELOCK] [SDICE] 1 @ 0.49999999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.5000001 BTC [+]
assbot: [MPEX] [S.MPOE] 9700 @ 0.00062546 = 6.067 BTC [-]
Bugpowder: ;;bids 0
gribble: There are currently 36901808 bitcoins demanded at or over 0.0 USD, worth 6991511.75172 USD in total. | Data vintage: 0.0205 seconds
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.818995 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.344 BTC [+]
assbot: [BTCTC] [GOLD] 2 @ 0.202 = 0.404 BTC [-]
ThickAsThieves: ;;asks 79.94
gribble: There are currently 6216.5875 bitcoins offered at or under 79.94 USD, worth 483397.146716 USD in total. | Data vintage: 0.0021 seconds
assbot: [BTCTC] [BTC-BOND] 31 @ 0.009821 = 0.3045 BTC [-]
assbot: [BTCTC] [BTC-BOND] 74 @ 0.00982 = 0.7267 BTC [-]
DeaDTerra1: We are up and running tournament at sc2bt.com, Join us for a couple of games of starcraft with BTC prize pool :D
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 227989 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1834 blocks | Next Difficulty In About: 1 week, 6 days, 2 hours, 24 minutes, and 0 seconds | Next Difficulty Estimate: 6675621.2732 | Estimated Percent Change: -0.30176
ThickAsThieves: :o
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 6675621.2732 based on data since last change | 7300703.18663 based on data for last three days
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.332 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 6 @ 0.33002 = 1.9801 BTC [-]
kakobrekla: avalons stopped working
kakobrekla: diff sinking
mircea_popescu: whoopsie
smickles: it's early :P
assbot: [BTCTC] [BTC-BOND] 53 @ 0.009899 = 0.5246 BTC [+]
assbot: [BTCTC] [BTC-BOND] 64 @ 0.009899 = 0.6335 BTC [+]
assbot: [BTCTC] [BTC-BOND] 455 @ 0.0099 = 4.5045 BTC [+]
smickles: "the price can not go up by 400% in only 10 weeks, price cannot go exponential."
mircea_popescu: lol
smickles: this guy has a keen grasp on reality
mircea_popescu: anyway, too much excitement for one day. catch y'all tomorrow
smickles: c'ya
assbot: [HAVELOCK] [SDICE] 1 @ 0.4611 BTC [-]
kakobrekla: yay finally got a -10 in otc!
smickles: ;;getrating kakobrekla
gribble: WARNING: Currently not authenticated. User kakobrekla, rated since Fri May 13 15:50:53 2011. Cumulative rating 89, from 55 total ratings. Received ratings: 54 positive, 1 negative. Sent ratings: 57 positive, 1 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=kakobrekla
smickles: scammer~!
deadweasel: lol
assbot: [HAVELOCK] [SDICE] 3 @ 0.4611 = 1.3833 BTC [-]
kakobrekla: was trying to avoid that supa guy but eh i guess it was inevitable
smickles: what did you do to piss off supadupajenkins?
kakobrekla: dunno he gets banned all the time everywhere
kakobrekla: perhaps i did it a couple of times too
assbot: [HAVELOCK] [SDICE] 3 @ 0.461 = 1.383 BTC [-]
kakobrekla: but im thinking
kakobrekla: he is behind recent spamming
smickles: lol, looking at his -10 list, it's like a who's who of -otc
kakobrekla: that was happening on the chans
[\\\]: he started with the highest rated people